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Speaker 1: Hey guys, Saga and Crystal here.

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Speaker 2: Independent media just played a truly massive role in this election,

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Speaker 2: and we are so excited about what that means for

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Speaker 2: the future of this show.

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Speaker 3: This is the only place where you can find honest

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Speaker 3: perspectives from the left and the right that simply does

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Speaker 3: not exist anywhere else.

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Speaker 2: So if that is something that's important to you, please

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Speaker 2: go to Breakingpoints dot com. Become a member today and

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Speaker 3: We need your help to build the future of independent

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Speaker 3: news media and we hope to see you at Breakingpoints

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Speaker 3: dot com.

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Speaker 1: Good morning, everybody, Happy Thursday. Have an amazing show for

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Speaker 1: everybody today. What do we have, Crystal?

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Speaker 2: Indeed, we do many interesting things going on. So we've

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Speaker 2: got new indications of Trump's plan visa v Ukraine.

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Speaker 4: Would break that down for you.

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Speaker 2: We also have the very latest with regard to DOJ

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Speaker 2: and Elon getting a nice new four hundred million dollar

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Speaker 2: contract from the State Department is not nice for him.

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Speaker 2: Inflation ticked up, very worrying sign given that there have

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Speaker 2: been very few tariffs put on at this point. So

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Speaker 2: where is that heading egg prices sort of leading the

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Speaker 2: way in terms of inflationary items. Jadie Vance gave an

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Speaker 2: important speech on a I want to take a look

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Speaker 2: at that and some other troubling indicators with regard to

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Speaker 2: that tech development. Democrats are getting really mad. Democratic leadership

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Speaker 2: really mad at the activists who are calling their office

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Speaker 2: demanding that they stop being like the biggest losers on earth.

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Speaker 2: So we'll get into that. And Nancy Mays is lying

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Speaker 2: to sexual abuse survivors, so kind of a horrific story there,

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Speaker 2: and we'll give you all the details on that as well.

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Speaker 3: Yeah, that's right, Well we'll talk about it. There's a

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Speaker 3: lot to say, so as christ before we get to that.

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Speaker 3: Thank you though, to all the premium subscribers. We appreciate you.

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Speaker 3: Breakingpoints dot com. We just got a very big interview

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Speaker 3: scheduled here for the show.

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Speaker 1: Can we give it away? Should we? What do you think?

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Speaker 5: Sure?

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Speaker 1: Anyway? So Stephen A.

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Speaker 3: Smith took notice of our segment and he has agreed

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Speaker 3: to come on the show.

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Speaker 1: So we're working on that.

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Speaker 3: Thank you to our premium subscribers, you guys are the

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Speaker 3: people who make that type of stuff happen. We're working

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Speaker 3: with this team now, and I guess we'll have him

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Speaker 3: on soon.

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Speaker 2: It's always really for real when famous people you know

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Speaker 2: are aware of the show.

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Speaker 3: I feel the same way. I cannot say because he

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Speaker 3: didn't just post on Twitter. I also posted on his Instagram.

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Speaker 1: Oh.

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Speaker 3: I got so many text messages from people who are

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Speaker 3: not interested in politics at all.

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Speaker 1: They're like, dude, isn't this your show?

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Speaker 3: And I was like, I, obviously I'm not even aware

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Speaker 3: of this all happening. So that's how I found out

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Speaker 3: on top of the Twitter thing.

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Speaker 1: So thank you. You guys are the people who make

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Speaker 1: that possible.

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Speaker 4: Yeah.

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Speaker 2: So we haven't locked in a date in the time,

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Speaker 2: so it's never done until it's done. But he said

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Speaker 2: he would do it. We're in touch with his team

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Speaker 2: working on dates and times.

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Speaker 3: I mean, yeah, like you said, he put it publicly.

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Speaker 3: He said I'm happy to come on the show, which

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Speaker 3: is fascinating.

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Speaker 1: So there we go. All right, we'll have Stephen A.

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Speaker 3: Smith and I'm excited to see it before we get

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Speaker 3: to And now that we've gotten that out of the way,

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Speaker 3: let's get to Ukraine because this is probably the biggest

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Speaker 3: global news. It is the start of the Munich Security

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Speaker 3: Conference today, which is like usually a big gathering of

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Speaker 3: the Transatlantic elite, but there's been a real record scratch

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Speaker 3: with the election of Donald Trump.

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Speaker 1: Jade Vance will be there along with the Secretary.

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Speaker 3: Of State, and it comes on the heels of Secretary

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Speaker 3: of defensee. Hegsat, who gave a big speech laying out

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Speaker 3: new US policy towards Ukraine.

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Speaker 1: Let's take a listen.

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Speaker 6: We want, like you, a sovereign and prosperous Ukraine, but

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Speaker 6: we must start by recognizing that returning to Ukraine's pre

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Speaker 6: twenty fourteen borders is an unrealistic objective. The United States

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Speaker 6: does not believe that NATO membership for Ukraine is a

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Speaker 6: realistic outcome of a negotiated settlement. Instead, any security guarantee

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Speaker 6: must be backed by capable European and non European troops.

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Speaker 6: If these troops are deployed as peacekeepers to Ukraine at

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Speaker 6: any point, they should be deployed as part of a

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Speaker 6: non NATO mission and they should not be covered under

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Speaker 6: Article five. There also must be robust international oversight of

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Speaker 6: the line of contact to be clear as part of

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Speaker 6: any security guarantee, there will not be US troops deployed

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Speaker 6: to Ukraine.

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Speaker 1: So several elements of US policy to change. Here, I'm

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Speaker 1: going to lead them out.

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Speaker 3: Number one, he said, an official declaration that a return

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Speaker 3: to twenty fourteen borders is unrealistic. Too, NATO membership for

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Speaker 3: Ukraine is off the table.

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Speaker 1: Three.

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Speaker 3: Only European troops would be considered for peacekeeping forces, and

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Speaker 3: for those forces will not be covered under Article five.

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Speaker 3: So if you pair that together with Donald Trump then

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Speaker 3: and his most recent comments confirming talks both with Vladimir Zelenski,

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Speaker 3: the president of Ukraine, as well as Vladimir Putin, the

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Speaker 3: President of Russia.

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Speaker 1: Here's what Trump had to say yesterday in the Oval Office.

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Speaker 3: Just to be clear, if you see any future in

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Speaker 3: which Ukraine returned through his twenty fourteen.

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Speaker 7: Borders, well, I think Pete said today that that's unlikely.

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Speaker 7: It certainly would seem to be unlikely. They took a

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Speaker 7: lot of land, and they fought for that land, and

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Speaker 7: they lost a lot of they lost a lot of soldiers.

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Speaker 7: But it would just seem to be And I'm not

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Speaker 7: making an opinion on it, but I've read a lot

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Speaker 7: on it, and a lot of people think that that's unlikely.

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Speaker 7: Some of it will come back. I think some of

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Speaker 7: it will come back. Yeah, some of that land will

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Speaker 7: come back. Dealing with President Putin largely on the phone,

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Speaker 7: and we ultimately expect to meet. In fact, we expect

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Speaker 7: that he'll come here and I'll go there, and we're

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Speaker 7: going to meet also, probably in Saudi Arabia, the first

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Speaker 7: time we'll meet in Saudi Arabia. See if we get

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Speaker 7: something done. But we want to end that war. That

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Speaker 7: war is a disaster.

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Speaker 3: So we can also put Trump's truth up there on

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Speaker 3: the screen where he says, I just had a lengthy

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Speaker 3: and a highly productive phone call with President Putin of Russia.

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Speaker 3: We justscrossed Ukraine, in the Middle East, et cetera. We

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Speaker 3: both reflected on the great history of our nations. We

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Speaker 3: agreed we want to stop the millions of deaths taking

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Speaker 3: place in war with Russia and Ukraine. President Putin even

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Speaker 3: used my very strong campaign model of common sense. We

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Speaker 3: both I think it might mean a little something different

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Speaker 3: depending on who you're talking to, we both.

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Speaker 1: Believe very strongly.

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Speaker 3: We agreed to work together very closely, including visiting each

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Speaker 3: other's nations. We've also agreed to have our respective teams

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Speaker 3: start negotiations immediately, and we will begin by calling President

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Speaker 3: Zelenski of Ukraine to inform him of the conversation. So

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Speaker 3: it does seem cristal that things are moving in that direction.

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Speaker 3: President's Lenski put out a reaction, a muted reaction, considering

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Speaker 3: how many of his demands have now been struck down.

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Speaker 3: Let's go to the next part please, Just to show here,

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Speaker 3: he just met with the Secretary of Treasury Scott Bessant,

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Speaker 3: where he said, we value our partnership with the United States.

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Speaker 3: I'm grateful for the support and defending our independence. Security matters.

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Speaker 3: Moscow and its allies cannot be allowed to gain control

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Speaker 3: over Ukraine, and that means we must work together across

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Speaker 3: this free world. So things are really aligning against the

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Speaker 3: position that the Biden administration and others took. I mean

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Speaker 3: this is also, of course, goes without saying full blown

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Speaker 3: freak out here in Washington, I watched the Press secretaries

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Speaker 3: briefing yesterday. I would say ten out of twenty questions

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Speaker 3: were on Ukraine, and it was all like, oh, why

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Speaker 3: have you given up concessions before they've even started. It's like, well,

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Speaker 3: it's not a concession to say that a twenty fourteen

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Speaker 3: border control is unrealistic. That's not a concession, that's reality

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Speaker 3: of where we are right now. It's a tragedy too,

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Speaker 3: because if you think about the amount of territory that

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Speaker 3: Ukraine is inevitably going to have to give up now,

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Speaker 3: if they had just taken that deal in April of

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Speaker 3: twenty twenty twenty two, none of this would happen, and an

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Speaker 3: entire generation of Ukrainian men is dead. The country is

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Speaker 3: completely decimated, their economy, and it's going to take hundreds

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Speaker 3: of billions for them to be able to rebuild it.

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Speaker 1: They've basically resorted.

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Speaker 3: To being like, hey, United States defense contractors, you can

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Speaker 3: have free reign. You don't have to pay any taxes

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Speaker 3: in this country for the future.

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Speaker 1: So they have.

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Speaker 3: Their prospects are just devastating right now. Whether they wanted

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Speaker 3: to continue to fight, which is effectively impossible, can we

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Speaker 3: were to give them the weapons considering their manpower. But overall,

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Speaker 3: it's a diplomatic resolution and it's one that I'm very

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Speaker 3: happy to see. We're not there yet, and there could

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Speaker 3: still be some Trump idiocy concerning rare earth metals, which

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Speaker 3: we will mention in a little bit, but overall, I'm

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Speaker 3: happy to see at least things are moving in.

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Speaker 1: The right direction.

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Speaker 2: Well, I think the rare earth minerals part is actually

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Speaker 2: really central because it's Trump, yes, exactly, no, and it

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Speaker 2: reflects the very different foreign policy world that we live

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Speaker 2: in now, whereas previously, you know, the Biden administration of

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Speaker 2: course wrapped this conflict in these values about you know,

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Speaker 2: a fight between authoritarianism and democracy, et cetera, et cetera.

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Speaker 2: They had their own real goals in pushing Ukraine to

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Speaker 2: continue fighting this war even you know, beyond when there

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Speaker 2: was a possibility of coming to some sort of a

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Speaker 2: peaceful resolution, because they thought this would be effective proxy

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Speaker 2: war to weaken Russia a global adversary.

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Speaker 4: That was what was really going on here.

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Speaker 2: Okay, in the you know, I would say, post Israeli

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Speaker 2: genocide in Gaza, post Donald Trump coming into office and

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Speaker 2: really ushering in this William McKinley.

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Speaker 4: Style like throwback style colonialism, imperialism.

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Speaker 2: Russia to Ukraine is no longer in their worldview, is

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Speaker 2: no longer any kind of a crime. I mean, here

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Speaker 2: we are talking about taking Panama, taking Greenland, taking Canada,

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Speaker 2: it's taking Gaza, et cetera. And so you know, with Trump,

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Speaker 2: everything is very unmasked. So no longer is it, Oh,

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Speaker 2: we're going into a rock because we're you know, we're

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Speaker 2: gream fighters and we're bringing ushering in democracy. Oh and

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Speaker 2: it just so happens that they sit on top of

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Speaker 2: these gigantic oil reserves.

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Speaker 4: But that has nothing to do with it.

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Speaker 2: Now with Trump, it's all out there on the table, like, hey, Pudin,

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Speaker 2: you got the arms and the strength to take territory.

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Speaker 4: We're not really going to stand in your way.

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Speaker 2: But on the other side of it, we might back

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Speaker 2: Ukraine because they've got some rare earth minerals that we

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Speaker 2: want to be able to get and Zelenski being a

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Speaker 2: savvy operator as he is, and we could go ahead

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Speaker 2: and put this is all in a five that tearsheet

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Speaker 2: New York from the New York Times. He immediately shifted

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Speaker 2: the way that he was pitching continued support for Ukraine.

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Speaker 2: So when it was the Biden administration, he was pitching

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Speaker 2: it in the terms that they wanted to hear about,

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Speaker 2: you know, this global fight between authoritarianism and democracy, blah

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Speaker 2: blah blah. Now he's saying, hey, let's make a business deal.

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Speaker 2: You keep supporting us, and we will basically allow you

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Speaker 2: to exploit the significant mineral deposits that we have through

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Speaker 2: you know, your your interest in making sure that we

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Speaker 2: can provide that in terms of you know, the development

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Speaker 2: and this is important for electric vehicles and all kinds

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Speaker 2: of the sort of new technology that's coming up. And

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Speaker 2: apparently this idea was floated to him by a billionaire

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Speaker 2: donor who was interested in these mineral deposits, et cetera.

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Speaker 2: And so that's effectively what Zelensky has pitched.

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Speaker 4: And you know it's not an accident. That is the

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Speaker 4: Treasury Secretary.

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Speaker 2: Who is making the truck over there and visiting with Zelenski,

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Speaker 2: because that is the way Trump is now looking at

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Speaker 2: this conflct. He does not see Russia's invasion of Ukraine

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Speaker 2: as being any sort of like problem or violation of

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Speaker 2: international law. He wants to operate in the world in

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Speaker 2: this very same, like brazenly imperialist manner. But if he

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Speaker 2: can get something out of the deal on the other

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Speaker 2: side and find it to be beneficial, then he may

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Speaker 2: be up for continuing to support Ukraine and provide them

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Speaker 2: with aid. That's basically the pitch that Zelenskia is taking up.

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Speaker 3: Yes, that's true, but Zelenski's trying to use it as

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Speaker 3: back door to effectively forestall negotiations with Russia and to

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Speaker 3: actually stop any sort of peace process. And look, I

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Speaker 3: don't dispute necessarily anything that you said, but I appreciate

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Speaker 3: its honesty because what have the critics of the US

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Speaker 3: LED International Were or LED Order always said, this is

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Speaker 3: just a fake guys for your imperialism. And guess what,

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Speaker 3: I will be honest, they're right. And so what this

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Speaker 3: does is just lays it out on the table and

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Speaker 3: we're like, listen, we gave you guys two hundred billion

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Speaker 3: at this point, seventy five percent of it was probably stolen.

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Speaker 3: By their own admission. They've even said that. The Ukrainians,

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Speaker 3: they're like, hey, did all the money go amazing?

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Speaker 1: Right?

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Speaker 3: We weren't even allowed to ask that Congress if what

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Speaker 3: was that rand Paul tried to get it just have

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Speaker 3: a rider attached to Ukraine aid for an inspector general.

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Speaker 1: And Congress would not even vote.

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Speaker 3: For that because they would not even require scrutiny of

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Speaker 3: this amount of aid. So Trump is like, listen, we're

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Speaker 3: going to take something from you. I also think that

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Speaker 3: this goes back to Lindsay Graham. If you'll remember who

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Speaker 3: was one of the reasons that he started pitching MAGA

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Speaker 3: on this on Fox News. He's like, look, they've got

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Speaker 3: all these minerals over there. If they tried this with Afghanistan, yeah,

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Speaker 3: as well. By the way, they're always like, oh, there's

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Speaker 3: one trillion dollars in Afghanistan. That's why we need to

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Speaker 3: continue to occupy it forever. So there is a dishonesty

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Speaker 3: in the inverse of it as well, which is, oh, well,

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Speaker 3: we're doing it so that women and girls can go.

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Speaker 1: To school in Kabble.

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Speaker 3: I'm like, oh, so that's worth you know, X amount

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Speaker 3: of billion dollars per year. What's happening right now is

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Speaker 3: that we've seen the inversion of Zelensky, where he's caught

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Speaker 3: between a rock and a hard place.

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Speaker 1: He's trying to play the game.

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Speaker 3: But the reason why I think he ultimately would be

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Speaker 3: the biggest thorn in the side of this deal is

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Speaker 3: based on my conversation with Lex Freedman.

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Speaker 1: I don't think you would mind me saying this.

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Speaker 3: He said a lot of it publicly in his reflection

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Speaker 3: over this Lensky interview. I got to spend some time

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Speaker 3: with him during the inauguration my first I was like,

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Speaker 3: so Zelenski, what are your impressions, and he was like

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Speaker 3: he believes it, like he is a strident, like Churchillian

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Speaker 3: type figure. But Lex's analysis, which he also voiced on

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Speaker 3: his show, was He's like, it's just a mismatch of

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Speaker 3: the moment because it doesn't match the resources, the international mood.

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Speaker 3: You know, the Ukrainian population now, as Trump even alluded

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Speaker 3: to yesterday, has much more mixed feelings about some sort

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Speaker 3: of negotiated piece, and it really came through in his

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Speaker 3: interview with Lex Freeman, which we have some of that.

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Speaker 3: Let's take a listen.

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Speaker 8: To make it clear, Let's describe the idea that you

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Speaker 8: are speaking about. I would like to offer you other

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Speaker 8: ideas too, but right now, your idea is that NATO

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Speaker 8: accepts Ukraine minus the five regions of Luhansk, Donetsk, Zapparizia,

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Speaker 8: Kerson and Crimea.

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Speaker 9: Just so you understand the situation, the invitation to NATO

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Speaker 9: is legislatively issued to Ukraine, so to us, all those

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Speaker 9: territories are still Ukraine, but the NATO so far can

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Speaker 9: only act in the part that is under Ukrainian control.

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Speaker 1: This can be negotiated. I am sure about that.

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Speaker 10: Yes, this would not be a great success for us,

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Speaker 10: but if we see a diplomatic way to end the war,

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Speaker 10: this is one of the ways.

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Speaker 1: These are our borders and we.

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Speaker 9: Must understand what is going on there well. The NATO

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Speaker 9: guarantees for Ukraine. Actually this is also a security guarantee

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Speaker 9: for the Russians. Frankly, I talked about this many times before.

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Speaker 1: So what you took.

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Speaker 3: Away really from his was about his demands for NATO membership.

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Speaker 3: Basically every demand that he laid out in his Freedman

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Speaker 3: interview has already been struck out by the Trump administration.

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Speaker 3: And this is actually for return to multipolarity, which is

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Speaker 3: really what you were talking about, and that collapse. Part

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Speaker 3: of that is what is that we are the great powers,

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Speaker 3: which is the truth. The United States and Russia will

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Speaker 3: figure this out, and this is part of the fallacy

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Speaker 3: also of the Ukrainian you know, what was it nothing

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Speaker 3: without Ukraine, nothing with nothing for Ukraine without Ukraine.

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Speaker 1: This is ludicrous.

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Speaker 3: We are talking about two big nuclear powers, people who

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Speaker 3: like it or not obviously have an outsized impact on

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Speaker 3: the conflict. You know, we would always talk about this

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Speaker 3: in terms of the European Union, and it's like, listen,

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Speaker 3: if you even look at the amount of military aid,

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Speaker 3: it's this is United States versus Russia. And that was

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Speaker 3: the dishonesty behind so much of the Biden administration. And

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Speaker 3: occasionally they would say the truth, which is like, oh,

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Speaker 3: this is about killing as many Russians as possible, and

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Speaker 3: so what we are watching is really the fall of

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Speaker 3: a lot of concepts around this. Israel obviously complicated this

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Speaker 3: from day one, and Zelenski he even knew that. I mean,

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Speaker 3: I remember in the days after October seventh, he was

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Speaker 3: desperately trying to get himself back into the news. But

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Speaker 3: then so many of the you know, so much of

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Speaker 3: the death toll, and so much of his own, so

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Speaker 3: much of the United States posturing around Ukraine, while simultaneously

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Speaker 3: backing is it just fell apart to the point where

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Speaker 3: it just went to the back burner and we did,

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Speaker 3: you know, basically ignored it for a two year period.

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Speaker 3: And now where in a must work situation Ukrainians have

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Speaker 3: lost who nobody really knows. Trump said something like six

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Speaker 3: seven hundred thousand people have been killed.

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Speaker 1: It could be that number of.

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Speaker 3: Killed or casualties regardless, I mean in terms of their population,

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Speaker 3: which was even there.

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Speaker 1: That's devastating. It's a disaster.

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Speaker 3: Yes, it's bad for Russia too, which probably lost an

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Speaker 3: equal number of men, but they have a much larger

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Speaker 3: population and all of the hopes of coups it didn't work.

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Speaker 3: I mean, Putin seems stronger today than ever before in

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Speaker 3: terms of his control over the Russian oligarchy and then

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Speaker 3: the economy. Their remarkable ability to basically sanction proof themselves

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Speaker 3: hang on to the Chinese, who would be their financial benefactor,

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Speaker 3: do weapons deals with the North Koreans. They are more

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Speaker 3: insulated from international sanctions than anyone in modern history, like

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Speaker 3: a state that was aligned with Europe. Something I've been

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Speaker 3: reading to Crystal is that the Chinese and other countries

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Speaker 3: have been studying the Russian sanctions regime, and now the

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Speaker 3: adversaries to the United States are much more sanctioned proof

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Speaker 3: as a result of what happened with Ukraine than ever before.

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Speaker 3: So there have been so many massive failures in US

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Speaker 3: policy heres. My main thing is, look, you know, in

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Speaker 3: trump Wards, I want to stop the dying, and this

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Speaker 3: is the inevitable conclusion that could have been reached earlier.

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Speaker 3: And I think it's devastating that we even had to

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Speaker 3: allow this all to happen in the first place.

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Speaker 2: Yeah, well, we'll see, because I mean when Treasure Secretary

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Speaker 2: Bussent presented Zelenski with the economic cooperation Plan, he said

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Speaker 2: it would be in exchange for the US continuing to

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Speaker 2: provide material support for Ukraine. You know, multipolarity has potential

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Speaker 2: benefits and it has potential dangers. I mean the most

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Speaker 2: obvious one is like, you know, we were in a

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Speaker 2: multipole world when everybody gets dragged into World War One, right,

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Speaker 2: so you can end up in a situation where it

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Speaker 2: is more dangerous, more possibility for larger conflagrations, et cetera.

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Speaker 4: So's there's that.

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Speaker 2: It's also important to understand, you know, some of the

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Speaker 2: like Petertials of the world, who are these like this

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Speaker 2: idea of the quote unquote network state where they can

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Speaker 2: effectively instead of having nation states, have like corporate entities.

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Speaker 2: And again, I know this sounds wild, but they're actually

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Speaker 2: like doing this in certain cities around the world. Apparently

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Speaker 2: Greenland was one of the targeted places to have one

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Speaker 2: of these quote unquote network states. They like the idea

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Speaker 2: of multipolarity because if you don't have any one nation

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Speaker 2: that is the superpower nation. They feel like that opens

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Speaker 2: up the possibility for them to have more power, to

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Speaker 2: be able to execute on their like weird utopian ideas

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Speaker 2: about these network states. So that's part of the push

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Speaker 2: here as well, and part of why Elon is interested

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Speaker 2: in multipolarity as well. The other thing I would say

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Speaker 2: is there are also pluses and minuses to a movement

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Speaker 2: away from the you know, post World War two international

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Speaker 2: order where things were wrapped in this coding of like

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Speaker 2: democracy and human rights. So even something that was as

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Speaker 2: brazenly a resource grab as the war in Iraq had

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Speaker 2: to be justified in these terms around human rights and democracy,

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Speaker 2: et cetera. On the one hand, you're right, it's kind

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Speaker 2: of refreshing, I guess, to have the honest truth out

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Speaker 2: there of like, now we just want the minerals, and yeah,

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Speaker 2: we just like we don't really care about Russia taking

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Speaker 2: illegally taking whatever territory they want and are able to take,

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Speaker 2: but we're going to make sure we get our end

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Speaker 2: out of the deal. And you know, I understand why

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Speaker 2: there's like an appeal to that. On the other hand,

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Speaker 2: first of all, if you're just in the law, the

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Speaker 2: jungle might makes right, Like, in a world that is multipolar,

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Speaker 2: then that can very much come back to bite you

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Speaker 2: when another entity feels they're powerful enough to make a

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Speaker 2: play on your interest, et cetera. Can contribute to the

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Speaker 2: volatility of the world. And then the other piece that's

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Speaker 2: a question for me is like, even though the justifications

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Speaker 2: in places like Iraq were completely fake and phony, the Ukraine,

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Speaker 2: same thing. Ukraine is the perfect example of this that

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Speaker 2: you know, wrapped in this language of democracy that at

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Speaker 2: this point is just not sustainable because at the same time,

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Speaker 2: we're like funding this genocide and you know in Gaza

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Speaker 2: and speaking out of both sides of our mouth at

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Speaker 2: the immediate time, like, did the necessity of politicians at

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Speaker 2: least trying to pretend, having to try to pretend for

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Speaker 2: the public that there was some larger good that was

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Speaker 2: being pursued.

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Speaker 4: Did that act as a check on some of.

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Speaker 2: The larger like imperial ambitions, because it created a pressure

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Speaker 2: point where, you know, once the Iraq War started going

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Speaker 2: sideways and people started to turn on it, the distance

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Speaker 2: between the rhetoric about democracy and.

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Speaker 4: The reality of the reasons we were.

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Speaker 2: Really there, that became an effective political pressure point. You know,

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Speaker 2: it becomes an effective political pressure point to point out

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Speaker 2: the distance between what we're doing in you know, Gaza

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Speaker 2: and what we're doing in Ukraine. So that's why, you know,

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00:21:18,320 --> 00:21:22,040
Speaker 2: I feel very I don't feel great about this shift

440
00:21:22,080 --> 00:21:25,040
Speaker 2: into the new era of just like might mix right,

441
00:21:25,359 --> 00:21:28,320
Speaker 2: law of the jungle. The big players can do what

442
00:21:28,359 --> 00:21:30,960
Speaker 2: they want, take what they want when they want, et cetera,

443
00:21:31,480 --> 00:21:34,000
Speaker 2: and having it all just out in the open of No,

444
00:21:34,080 --> 00:21:36,560
Speaker 2: it's just going to be a grab for resources and

445
00:21:36,600 --> 00:21:38,199
Speaker 2: those with the biggest guns get the biggest pay.

446
00:21:38,200 --> 00:21:39,480
Speaker 3: I think it's just always been that way, and I'd

447
00:21:39,520 --> 00:21:41,240
Speaker 3: rather ask to be honest about it. So, this entire

448
00:21:41,280 --> 00:21:43,040
Speaker 3: idea of the international order, it's like, well, then, how

449
00:21:43,080 --> 00:21:44,920
Speaker 3: does the UN Security Council make any sense?

450
00:21:44,960 --> 00:21:45,160
Speaker 1: Why?

451
00:21:45,240 --> 00:21:47,440
Speaker 3: Because the p five plus one powers or whatever the

452
00:21:47,520 --> 00:21:49,600
Speaker 3: nuclear powers on the UN Security Council are the people

453
00:21:49,600 --> 00:21:51,159
Speaker 3: won World War Two, They have the nukes and we

454
00:21:51,200 --> 00:21:53,040
Speaker 3: get to do what we want. So, you know, in

455
00:21:53,080 --> 00:21:55,280
Speaker 3: an ideal world, like you just use the word illegal,

456
00:21:55,280 --> 00:21:57,199
Speaker 3: there's no such thing as an illegal invasion. There's just

457
00:21:57,240 --> 00:22:00,600
Speaker 3: an invasion. An invasion can either be repelled or can succeed.

458
00:22:00,680 --> 00:22:02,600
Speaker 3: This is all fake, I mean, this is entire thing

459
00:22:02,680 --> 00:22:05,600
Speaker 3: is an artifice designed to try and keep peace throughout

460
00:22:05,640 --> 00:22:07,440
Speaker 3: the world. But the truth is is that that peace

461
00:22:07,560 --> 00:22:11,600
Speaker 3: was backed by US aircraft carriers, US nuclear weapons. NATO

462
00:22:11,680 --> 00:22:14,480
Speaker 3: itself was a you know, it's no great, big democratic

463
00:22:14,720 --> 00:22:17,480
Speaker 3: forces a world. It's a tool of the United States

464
00:22:17,480 --> 00:22:20,840
Speaker 3: and its empire to secure basically, you know, to the

465
00:22:20,840 --> 00:22:24,159
Speaker 3: extent that we want democracy, it's because democratic societies do

466
00:22:24,280 --> 00:22:27,000
Speaker 3: better business with America. The purpose of the United States Navy,

467
00:22:27,160 --> 00:22:28,679
Speaker 3: I talk about this all the time, is not to

468
00:22:28,760 --> 00:22:31,720
Speaker 3: deliver humanitarian aid. That's all bullshit. The point of the

469
00:22:31,800 --> 00:22:34,400
Speaker 3: United States Navy is to secure commerce on the high

470
00:22:34,440 --> 00:22:37,800
Speaker 3: seas and the blue water, to preserve ocean tankers so

471
00:22:37,840 --> 00:22:40,359
Speaker 3: the gas doesn't cost more than four dollars a gallon.

472
00:22:40,440 --> 00:22:43,679
Speaker 3: Let's all just be truthful, and in that truth we

473
00:22:43,760 --> 00:22:46,600
Speaker 3: can achieve something. Now, what you're talking about with imperialism

474
00:22:46,640 --> 00:22:49,080
Speaker 3: and all that is important. And actually, if you want

475
00:22:49,080 --> 00:22:52,320
Speaker 3: to talk about McKinley, one of the reasons that Americans

476
00:22:52,359 --> 00:22:55,320
Speaker 3: turned in the past on the Spanish American War, the

477
00:22:55,320 --> 00:22:59,399
Speaker 3: imperial project in the Philippines is because it was dressed

478
00:22:59,480 --> 00:23:02,400
Speaker 3: up in this fake language of oh, we're liberating these

479
00:23:02,400 --> 00:23:05,840
Speaker 3: Filipinos and we're bringing all of this greatness. Americans were

480
00:23:05,840 --> 00:23:07,600
Speaker 3: not concerned, but they were like, hold on a second,

481
00:23:07,680 --> 00:23:10,800
Speaker 3: you're spending X, Y and Z. We're getting people who

482
00:23:10,840 --> 00:23:14,320
Speaker 3: are killed over there as a result of this fakery.

483
00:23:14,440 --> 00:23:18,000
Speaker 3: You're actually enriching all of these Gilded Age oligarchs which

484
00:23:18,000 --> 00:23:22,000
Speaker 3: are using this to secure riches for themselves. So our

485
00:23:22,000 --> 00:23:24,360
Speaker 3: guys are going over there dying. You people are all

486
00:23:24,400 --> 00:23:26,159
Speaker 3: getting rich. What exactly?

487
00:23:26,240 --> 00:23:26,399
Speaker 11: You know?

488
00:23:26,440 --> 00:23:29,199
Speaker 3: The cognitive dissonance on this is just ridiculous. So I

489
00:23:29,240 --> 00:23:31,840
Speaker 3: think that the honesty is good. I think it's important.

490
00:23:31,960 --> 00:23:35,440
Speaker 3: And with that honesty, we can actually talk and instead

491
00:23:35,760 --> 00:23:38,200
Speaker 3: of going to the North Koreans and saying, hey, you

492
00:23:38,200 --> 00:23:40,800
Speaker 3: guys should give up your nuclear weapons and we'll make

493
00:23:40,840 --> 00:23:41,800
Speaker 3: you really rich, and they're like.

494
00:23:41,840 --> 00:23:44,280
Speaker 1: Yeah, well look at Gaddafi. It's it's not going to happen.

495
00:23:44,440 --> 00:23:47,320
Speaker 3: And we all dance around this idea that the what

496
00:23:47,359 --> 00:23:50,600
Speaker 3: was it, the International Atomic Agent the IAEA is like

497
00:23:50,680 --> 00:23:55,119
Speaker 3: this sacrasanct, you know, Sacrisanct organization. Meanwhile, Israel has nuclear

498
00:23:55,160 --> 00:23:57,840
Speaker 3: weapons and we don't demand that they become Non Proliferation

499
00:23:57,920 --> 00:24:01,119
Speaker 3: Treaty compliant. So when we go to India, even to

500
00:24:01,160 --> 00:24:02,880
Speaker 3: this day, if you go to India and you try

501
00:24:02,920 --> 00:24:04,880
Speaker 3: and tell them what they should do. They're like, yeah, well,

502
00:24:04,920 --> 00:24:07,960
Speaker 3: we remember when we went nuclear to secure ourselves against

503
00:24:08,000 --> 00:24:10,959
Speaker 3: Pakistan and you shook your finger at us and all

504
00:24:11,040 --> 00:24:13,280
Speaker 3: this when we developed a nuclear weapon. And what we

505
00:24:13,320 --> 00:24:15,920
Speaker 3: always say, what about Israel? You guys don't demand anything

506
00:24:16,119 --> 00:24:18,400
Speaker 3: from them. So the fact is is that this has

507
00:24:18,440 --> 00:24:21,760
Speaker 3: always been a tool for whatever we want. By instead

508
00:24:21,960 --> 00:24:26,679
Speaker 3: reverting to just saying outright, what's happening here, it leads to,

509
00:24:26,880 --> 00:24:30,560
Speaker 3: in my opinion, better relations. And this lack of this

510
00:24:30,680 --> 00:24:34,520
Speaker 3: hypocrisy almost becomes the point. And when you argue within

511
00:24:34,560 --> 00:24:38,400
Speaker 3: that hypocrisy. For example, Saudi Arabia is our greatest ally, it's.

512
00:24:38,200 --> 00:24:40,399
Speaker 1: Like this, they treat their own population.

513
00:24:40,160 --> 00:24:43,360
Speaker 3: With barbarism, and then we're like, oh, we're the paragon.

514
00:24:43,680 --> 00:24:45,480
Speaker 3: And then we'll go to some tiny African nation and

515
00:24:45,520 --> 00:24:48,440
Speaker 3: we'll be like, you guys need to repeal this law

516
00:24:48,520 --> 00:24:51,280
Speaker 3: against gay people, and they're like, what what are we

517
00:24:51,359 --> 00:24:54,480
Speaker 3: talking about here? One of your greatest allies has the

518
00:24:54,520 --> 00:24:57,600
Speaker 3: same laws on the books, and so they're like, screw you,

519
00:24:57,600 --> 00:24:59,480
Speaker 3: We're not even gonna listen. Where if we talk in

520
00:24:59,480 --> 00:25:02,120
Speaker 3: the language of gas, then everyone's like, okay, I get

521
00:25:02,160 --> 00:25:04,040
Speaker 3: it now, you know, I think that's better.

522
00:25:04,040 --> 00:25:05,280
Speaker 1: I think it's better for everybody.

523
00:25:05,520 --> 00:25:09,520
Speaker 3: It dispels as a hypocrisy, and it allows for honest

524
00:25:09,560 --> 00:25:12,080
Speaker 3: dealings with the world, where in that you know, in

525
00:25:12,080 --> 00:25:14,480
Speaker 3: the rest of the world they look at us like fools.

526
00:25:14,720 --> 00:25:18,640
Speaker 3: Around this whole democracy, human rights nonsense, post Iraq, it's

527
00:25:18,680 --> 00:25:21,240
Speaker 3: all falling apart. That's one of the things that led

528
00:25:21,280 --> 00:25:23,440
Speaker 3: to the demise of the image of the United States

529
00:25:23,480 --> 00:25:26,919
Speaker 3: abroad because people falsely used to believe all that rhetoric,

530
00:25:27,000 --> 00:25:29,639
Speaker 3: and then when you see the most brazen invasion for

531
00:25:29,720 --> 00:25:34,200
Speaker 3: no purpose whatsoever that destroyed our own nation, it immediately

532
00:25:34,240 --> 00:25:36,480
Speaker 3: caused a major turn against us. And then you still

533
00:25:36,480 --> 00:25:38,440
Speaker 3: have idiots like Max Boot and others who are actually

534
00:25:38,520 --> 00:25:42,200
Speaker 3: preaching those values and then going abroad worse and lecturing

535
00:25:42,480 --> 00:25:44,480
Speaker 3: other people. Just I don't want to be in the

536
00:25:44,480 --> 00:25:46,800
Speaker 3: business of lecturing other countries.

537
00:25:46,840 --> 00:25:47,040
Speaker 1: I mean.

538
00:25:47,080 --> 00:25:50,000
Speaker 3: And there's that famous interviewer forget exactly who the president.

539
00:25:50,040 --> 00:25:52,720
Speaker 3: I think it might be the Turkmenistan president who's talking

540
00:25:52,760 --> 00:25:55,480
Speaker 3: to that BBC interviewer because she's asking him about human

541
00:25:55,560 --> 00:25:57,719
Speaker 3: rights and press freedoms, and he's like, who's in your

542
00:25:57,800 --> 00:25:58,560
Speaker 3: jail right now?

543
00:25:58,640 --> 00:26:02,600
Speaker 1: Julian Assan. Yeah, and she fell apart, right, That's that's

544
00:26:02,600 --> 00:26:04,880
Speaker 1: the problem with us. Yes, this is what we do.

545
00:26:04,920 --> 00:26:07,160
Speaker 3: We go abroad and we a tut tut and tell

546
00:26:07,200 --> 00:26:09,240
Speaker 3: people what to do. But if they're really rich, they're like, oh,

547
00:26:09,280 --> 00:26:13,040
Speaker 3: forget about it. Prince Faisal, he's one of our greatest friends.

548
00:26:13,200 --> 00:26:16,160
Speaker 2: Yeah, yeah, no, I mean obviously on the hypocrisy point,

549
00:26:16,200 --> 00:26:18,840
Speaker 2: there's no doubt about it. And you're correct that this

550
00:26:18,960 --> 00:26:19,920
Speaker 2: really starts.

551
00:26:19,600 --> 00:26:22,320
Speaker 4: To come undone with the rock. That's where really starts.

552
00:26:22,480 --> 00:26:25,920
Speaker 2: All the like edifice starts to come apart with the

553
00:26:26,000 --> 00:26:28,600
Speaker 2: Iraq War, which was you know, which was foolish.

554
00:26:28,920 --> 00:26:31,720
Speaker 4: I just you know, I do worry about.

555
00:26:31,400 --> 00:26:34,840
Speaker 2: A world when we have just completely pushed aside the

556
00:26:34,880 --> 00:26:39,119
Speaker 2: idea that nations should have territorial integrity and that that

557
00:26:39,160 --> 00:26:41,239
Speaker 2: should be something that you know, is kind of like

558
00:26:41,720 --> 00:26:45,359
Speaker 2: a if you don't want to say it's illegal, you know, invasions,

559
00:26:45,440 --> 00:26:48,000
Speaker 2: just like taking territory because you can and you want it.

560
00:26:48,400 --> 00:26:50,560
Speaker 2: Then at least the norms were in place that it

561
00:26:50,600 --> 00:26:52,800
Speaker 2: was like, Okay, this is something that's really bad to do,

562
00:26:53,200 --> 00:26:57,119
Speaker 2: and it did help to create some level of global stability.

563
00:26:57,160 --> 00:26:58,760
Speaker 2: It did, you said, you know, the reason to put

564
00:26:58,760 --> 00:27:00,640
Speaker 2: it in place was to keep peace around the world.

565
00:27:00,640 --> 00:27:01,879
Speaker 4: I mean, that was the idea.

566
00:27:02,080 --> 00:27:05,240
Speaker 2: Now the downside of that is us being the world's policeman,

567
00:27:05,440 --> 00:27:09,639
Speaker 2: us operating with you know, whatever suits us at the moment,

568
00:27:10,000 --> 00:27:12,639
Speaker 2: and the fact that we were so brazenly hypocritical about

569
00:27:12,640 --> 00:27:15,879
Speaker 2: that has led to this place where the edifice is

570
00:27:15,920 --> 00:27:20,360
Speaker 2: no longer sustainable. And I do think that our facilitating funding,

571
00:27:21,400 --> 00:27:24,720
Speaker 2: you know, Bear hug support of Bibi Netna who as

572
00:27:24,800 --> 00:27:27,879
Speaker 2: they were committing a genocide in Gaza, really was the

573
00:27:28,000 --> 00:27:31,639
Speaker 2: last thing that made it completely unsustainable. But you know,

574
00:27:31,840 --> 00:27:34,680
Speaker 2: I'm just saying there's first of all, I mean, I'm

575
00:27:35,040 --> 00:27:37,560
Speaker 2: opposed to the whole imperial product project of what we're

576
00:27:37,560 --> 00:27:39,200
Speaker 2: going to take Greenland, We're going to take Canada, We're

577
00:27:39,200 --> 00:27:41,600
Speaker 2: going to take the rare earth minerals wherever we want

578
00:27:41,640 --> 00:27:45,000
Speaker 2: for whatever we want from seems pretty serious about it,

579
00:27:45,040 --> 00:27:49,040
Speaker 2: at least according to Trudeau and himself, et cetera. But

580
00:27:49,040 --> 00:27:53,080
Speaker 2: but there are risks also involved in the shift away

581
00:27:53,640 --> 00:28:00,360
Speaker 2: from the sheen of international order, democracy, territorial integrity, human rights, etc.

582
00:28:00,920 --> 00:28:03,160
Speaker 2: There are risks involved in that, and it could lead

583
00:28:03,160 --> 00:28:06,000
Speaker 2: to a much more volatile, much more volatile and much

584
00:28:06,000 --> 00:28:06,800
Speaker 2: more barbaric world.

585
00:28:06,880 --> 00:28:09,399
Speaker 3: I don't have a I don't disagree, per se. I

586
00:28:09,480 --> 00:28:11,480
Speaker 3: just think it was probably going to happen regardless, and

587
00:28:11,520 --> 00:28:14,639
Speaker 3: I think that the worst outcome is being some Biden boom,

588
00:28:14,680 --> 00:28:18,320
Speaker 3: silent gen worshiper of democracy, human rights and all that,

589
00:28:18,640 --> 00:28:23,560
Speaker 3: and hypocritically having a real politique foreign policy which agree

590
00:28:23,560 --> 00:28:26,439
Speaker 3: with the rest of the world. All knows this Jimmy

591
00:28:26,440 --> 00:28:31,520
Speaker 3: Carter Kumbaya stuff. It's always been a complete farce and anyway,

592
00:28:31,560 --> 00:28:33,320
Speaker 3: so the fall up part of it is something that

593
00:28:33,320 --> 00:28:34,520
Speaker 3: I'm going to cheer forever.

594
00:28:36,720 --> 00:28:37,040
Speaker 4: All Right.

595
00:28:37,080 --> 00:28:39,760
Speaker 2: So we got a couple questions yesterday, both to the

596
00:28:40,040 --> 00:28:42,880
Speaker 2: White House Pros Secretary and also to Trump himself about

597
00:28:42,920 --> 00:28:46,640
Speaker 2: whether or not he intends to comply with the court

598
00:28:46,720 --> 00:28:48,840
Speaker 2: orders that are coming down these At this point, it's

599
00:28:48,880 --> 00:28:52,520
Speaker 2: just mostly temporary injunctions against some of the actions they've taken,

600
00:28:52,800 --> 00:28:56,640
Speaker 2: gutting agencies, illegally firing employees, et cetera. Let's take a

601
00:28:56,680 --> 00:28:59,160
Speaker 2: listen to what the White House Pros Secretary had to say.

602
00:28:59,440 --> 00:29:02,280
Speaker 5: More on the judges does so, what House believe the

603
00:29:02,360 --> 00:29:06,560
Speaker 5: courts have the authority to issue these nationwide injunctions? We

604
00:29:06,640 --> 00:29:09,760
Speaker 5: believe that the injunctions that have been issued by these

605
00:29:09,840 --> 00:29:13,240
Speaker 5: judges have no basis in the law and have no grounds.

606
00:29:13,280 --> 00:29:16,320
Speaker 5: And we will, again, as the President said very clearly yesterday,

607
00:29:16,600 --> 00:29:19,840
Speaker 5: comply with these orders. But it is the administration's position

608
00:29:19,920 --> 00:29:23,360
Speaker 5: that we will also ultimately be vindicated. And the president's

609
00:29:23,360 --> 00:29:26,680
Speaker 5: executive actions that he took were completely within the law,

610
00:29:26,720 --> 00:29:29,800
Speaker 5: they were constitutional, and we look forward to the day where.

611
00:29:29,720 --> 00:29:32,600
Speaker 1: He can continue to implement his agenda. And I would just.

612
00:29:32,560 --> 00:29:35,040
Speaker 5: Add it's our view that this is the continuation of

613
00:29:35,040 --> 00:29:38,680
Speaker 5: the weaponization of justice that we have seen against President Trump.

614
00:29:38,800 --> 00:29:40,760
Speaker 5: He fought it for two years on the campaign troll.

615
00:29:40,960 --> 00:29:42,000
Speaker 5: It won't stop him now.

616
00:29:42,280 --> 00:29:44,240
Speaker 2: So she alludes there to comments from the President. Let's

617
00:29:44,240 --> 00:29:45,760
Speaker 2: go ahead and take a listen to what the President

618
00:29:45,880 --> 00:29:46,400
Speaker 2: had to say.

619
00:29:46,600 --> 00:29:49,480
Speaker 12: If the judge does block one of your policies part

620
00:29:49,480 --> 00:29:51,960
Speaker 12: of your agenda, will you abide by that ruling?

621
00:29:52,000 --> 00:29:54,480
Speaker 11: Will you come by the courts? And then I'll have

622
00:29:54,520 --> 00:29:56,800
Speaker 11: to appeal it. But then what he's done is he

623
00:29:56,880 --> 00:30:00,480
Speaker 11: slowed down the momentum and it gives crooked people more

624
00:30:00,520 --> 00:30:03,680
Speaker 11: time to cover up the books. You know, if a

625
00:30:03,680 --> 00:30:07,000
Speaker 11: person's crooked and they get caught, other people see that,

626
00:30:07,040 --> 00:30:09,640
Speaker 11: and all of a sudden it becomes harder later on.

627
00:30:09,800 --> 00:30:13,520
Speaker 11: So yeah, the answer is I always abide by the courts,

628
00:30:13,760 --> 00:30:15,880
Speaker 11: always abide by him, and will appeal.

629
00:30:16,400 --> 00:30:17,600
Speaker 4: So he says he'll comply.

630
00:30:17,880 --> 00:30:20,000
Speaker 2: This is the big question right now, because I mean,

631
00:30:20,000 --> 00:30:22,200
Speaker 2: the truth of the matter is he's already in non

632
00:30:22,200 --> 00:30:24,480
Speaker 2: compliance with a couple of the orders, specifically with regard

633
00:30:24,560 --> 00:30:28,680
Speaker 2: to USAID and with regard to the payment freeze. But

634
00:30:28,960 --> 00:30:32,600
Speaker 2: you know they're holding their position is that, oh, we

635
00:30:33,000 --> 00:30:35,040
Speaker 2: mean to be in compliance. We're just confused about what

636
00:30:35,080 --> 00:30:36,600
Speaker 2: that means. And it's hard to do this with the

637
00:30:36,600 --> 00:30:39,800
Speaker 2: federal government. Blah blah blah. So it's different than if

638
00:30:39,800 --> 00:30:45,360
Speaker 2: they're just brazenly out and out, undeniably flouting court orders.

639
00:30:45,720 --> 00:30:47,680
Speaker 4: So that's what they're saying right now.

640
00:30:48,320 --> 00:30:52,800
Speaker 2: She also got a question, Caroline Levit did about Elon

641
00:30:52,920 --> 00:30:56,800
Speaker 2: Musk having massive conflicts of interest across all of government.

642
00:30:57,000 --> 00:30:58,920
Speaker 2: Let's take a listen to how she responded to that.

643
00:30:59,240 --> 00:31:02,720
Speaker 12: You talked about the true transparency with DOJE and Elon

644
00:31:02,840 --> 00:31:07,520
Speaker 12: Musk's print availability yesterday. There is a conflict of interest

645
00:31:07,600 --> 00:31:10,200
Speaker 12: law in place that says that people who have personal

646
00:31:10,240 --> 00:31:14,120
Speaker 12: interests can't interact with government entities that could touch on those.

647
00:31:14,640 --> 00:31:17,600
Speaker 12: Has President Trump signed a waiver for Elon Musk?

648
00:31:17,600 --> 00:31:20,160
Speaker 1: Does such a thing exist? If it does, will you

649
00:31:20,160 --> 00:31:21,000
Speaker 1: guys release.

650
00:31:20,760 --> 00:31:23,239
Speaker 12: It in the interest of transparency that he's committed to.

651
00:31:23,400 --> 00:31:25,600
Speaker 5: I have not seen the law that you are referring to.

652
00:31:25,920 --> 00:31:27,800
Speaker 5: What I can tell you is that Elon Musk, as

653
00:31:27,840 --> 00:31:31,200
Speaker 5: I've confirmed before, is a special government employee. He is

654
00:31:31,280 --> 00:31:34,920
Speaker 5: filing the proper financial disclosure and he is complying with

655
00:31:35,040 --> 00:31:38,360
Speaker 5: all applicable federal laws. As you also heard Elon address

656
00:31:38,400 --> 00:31:41,480
Speaker 5: this directly yesterday and the alleged conflict of interest, and

657
00:31:41,560 --> 00:31:44,360
Speaker 5: he said, everything he's doing is very public, and if

658
00:31:44,400 --> 00:31:47,120
Speaker 5: you all perceive a conflict of interest, you're welcome to

659
00:31:47,240 --> 00:31:50,400
Speaker 5: bring that up. And as the President said, if he

660
00:31:50,520 --> 00:31:53,120
Speaker 5: feels like Elon is engaging in something that's a conflict

661
00:31:53,120 --> 00:31:53,800
Speaker 5: of interest.

662
00:31:53,560 --> 00:31:55,080
Speaker 1: He will tell Elon not to do that.

663
00:31:55,520 --> 00:31:58,880
Speaker 5: And Elon also said yesterday that before he moves forward

664
00:31:58,920 --> 00:32:02,160
Speaker 5: with anything, he consults with the President of the United States.

665
00:32:02,200 --> 00:32:06,040
Speaker 5: So we're very confident with the ethics and the guardrails

666
00:32:06,040 --> 00:32:07,080
Speaker 5: that have been put in place here.

667
00:32:07,400 --> 00:32:11,040
Speaker 2: Obviously a preposterous answer given, I mean, the first of all,

668
00:32:11,080 --> 00:32:13,320
Speaker 2: there's barely an agency that Elon must could touch that

669
00:32:13,360 --> 00:32:14,280
Speaker 2: he wouldn't.

670
00:32:13,880 --> 00:32:14,959
Speaker 4: Have a conflict of injurans.

671
00:32:14,960 --> 00:32:18,040
Speaker 2: But if you go down the line of the agencies

672
00:32:18,080 --> 00:32:21,360
Speaker 2: that he has gone after boast vociferously, you can see

673
00:32:21,400 --> 00:32:25,240
Speaker 2: in almost every case, oh they were investigating him. Oh

674
00:32:25,360 --> 00:32:28,360
Speaker 2: they were investigating him over here. Oh they ran a

675
00:32:28,360 --> 00:32:31,160
Speaker 2: foul of them over there, and had you know, previously

676
00:32:31,200 --> 00:32:33,440
Speaker 2: had issues with almost all of these ages. The CFPP

677
00:32:33,600 --> 00:32:36,680
Speaker 2: is like the most brazen one because X has just

678
00:32:36,720 --> 00:32:39,440
Speaker 2: signed this deal with Visa. He wants it to be

679
00:32:39,480 --> 00:32:41,960
Speaker 2: the everything app. He wants to get into payment processing.

680
00:32:42,280 --> 00:32:45,960
Speaker 2: They were said to be regulated by the CFPP no longer.

681
00:32:46,160 --> 00:32:48,840
Speaker 2: That is all done just to get into the specifics too.

682
00:32:48,920 --> 00:32:51,560
Speaker 2: The question there because some of the details of why

683
00:32:51,600 --> 00:32:55,280
Speaker 2: she asked that particular question is important. Special government employees

684
00:32:55,320 --> 00:32:59,120
Speaker 2: are subject to it's actually a criminal statute to avoid

685
00:32:59,240 --> 00:33:02,680
Speaker 2: conflicts of interest. So it says they can't participate personally

686
00:33:02,720 --> 00:33:05,880
Speaker 2: and substantially in any government matter that could affect their

687
00:33:05,920 --> 00:33:08,560
Speaker 2: financial interests. And again this is not civil. This is

688
00:33:08,600 --> 00:33:11,840
Speaker 2: actually criminal, violating the laws of felony. It could result

689
00:33:11,880 --> 00:33:14,640
Speaker 2: in fines, it could result even in imprisonment. Now, not

690
00:33:14,680 --> 00:33:16,120
Speaker 2: that we think any of that is going to happen

691
00:33:16,160 --> 00:33:18,640
Speaker 2: with DJ and Trump cat pardon him, blah blah blah.

692
00:33:18,720 --> 00:33:21,480
Speaker 2: But that's why she's asking specifically about, hey, did you

693
00:33:21,480 --> 00:33:27,120
Speaker 2: give him a waiver because to avoid coming into conflict

694
00:33:27,160 --> 00:33:30,440
Speaker 2: with this criminal statute as a special government employee.

695
00:33:30,440 --> 00:33:31,719
Speaker 4: And she says, well, I don't know.

696
00:33:32,640 --> 00:33:37,880
Speaker 2: Waivers can be granted for special government employees in certain instances,

697
00:33:38,240 --> 00:33:41,920
Speaker 2: but even those can be challenged in court and deemed

698
00:33:42,040 --> 00:33:45,160
Speaker 2: unlawful if you're just like you know, if it's not

699
00:33:45,200 --> 00:33:48,720
Speaker 2: done in good faith, if they don't comply with legal standards,

700
00:33:49,080 --> 00:33:51,960
Speaker 2: or if they violate ethical guidelines. So that's why she

701
00:33:52,040 --> 00:33:55,400
Speaker 2: asked that specific questions about whether or not Elon had

702
00:33:55,400 --> 00:33:56,840
Speaker 2: been subject to any kind of a waiver.

703
00:33:56,960 --> 00:33:59,200
Speaker 3: Yeah, it was a smart question actually there on the way,

704
00:33:59,200 --> 00:34:01,400
Speaker 3: but I mean, look, we return he said he would comply.

705
00:34:01,560 --> 00:34:03,440
Speaker 3: I think that's important. That's one of the I'm not

706
00:34:03,480 --> 00:34:07,320
Speaker 3: saying necessarily that what did you say that there's different

707
00:34:07,320 --> 00:34:09,439
Speaker 3: types of non compliance in terms of hey, it's taking

708
00:34:09,520 --> 00:34:12,360
Speaker 3: a while for us to negotiate all of this, but

709
00:34:12,560 --> 00:34:14,960
Speaker 3: as of now, you know, the liberal fanfic about just

710
00:34:15,040 --> 00:34:17,279
Speaker 3: openly saying that I'm going to defy as like not

711
00:34:17,520 --> 00:34:20,480
Speaker 3: materializing and not happening. I do think that the elon

712
00:34:20,600 --> 00:34:23,520
Speaker 3: thing is objectively crazy. There's no way that you can

713
00:34:23,640 --> 00:34:26,759
Speaker 3: just certify that somebody has just like I grant you

714
00:34:26,920 --> 00:34:31,120
Speaker 3: conflict of interests like with the magic can you imagine.

715
00:34:31,239 --> 00:34:33,520
Speaker 3: I also do think this is worth explaining to people

716
00:34:34,320 --> 00:34:37,400
Speaker 3: special government employees, actually, all government employees who work for

717
00:34:37,440 --> 00:34:41,960
Speaker 3: the president are subject to rigid conflict of interest laws,

718
00:34:42,400 --> 00:34:46,439
Speaker 3: excluding elected officials the vice president and the president, and

719
00:34:47,080 --> 00:34:50,640
Speaker 3: members of Congress, and those are so stringent that it

720
00:34:50,719 --> 00:34:52,960
Speaker 3: is often heard of here in Washington that when people

721
00:34:53,000 --> 00:34:55,120
Speaker 3: go to work for the office of the President they

722
00:34:55,120 --> 00:34:58,640
Speaker 3: have to offload their entire stock portfolio famously in two

723
00:34:58,640 --> 00:35:01,120
Speaker 3: thousand and nine that I feel bad for these people,

724
00:35:01,120 --> 00:35:02,719
Speaker 3: but I'm just telling you, many of the people who

725
00:35:02,760 --> 00:35:04,520
Speaker 3: went to go work for Obama had to sell at

726
00:35:04,520 --> 00:35:06,399
Speaker 3: the bottom just to be able to go and work

727
00:35:06,600 --> 00:35:08,879
Speaker 3: for the White House. So it's an immense I agree

728
00:35:08,920 --> 00:35:12,080
Speaker 3: with you one hundred percent. I think it is outrageous, however,

729
00:35:12,440 --> 00:35:14,080
Speaker 3: because I just always want to highlight this that the

730
00:35:14,080 --> 00:35:20,239
Speaker 3: members of Congress themselves have specifically have specifically exempted themselves

731
00:35:20,360 --> 00:35:21,920
Speaker 3: from these same government interest laws.

732
00:35:22,000 --> 00:35:24,200
Speaker 1: These laws should be on the books for everybody.

733
00:35:24,239 --> 00:35:26,920
Speaker 3: So it makes no sense that the employees who are

734
00:35:26,960 --> 00:35:29,920
Speaker 3: making forty five thousand dollars a year as staff assistants

735
00:35:30,280 --> 00:35:34,239
Speaker 3: have more rigid conflict of interest compliance and they will

736
00:35:34,239 --> 00:35:37,120
Speaker 3: get as you said, they will be criminally prosecuted. There

737
00:35:37,160 --> 00:35:40,040
Speaker 3: is an entire office in the government that reviews You're

738
00:35:40,040 --> 00:35:43,040
Speaker 3: not even allowed to buy stocks, including in ETFs and

739
00:35:43,080 --> 00:35:46,240
Speaker 3: index funds without reporting them when you're a schedule see

740
00:35:46,320 --> 00:35:50,840
Speaker 3: political endpointee. Yet whenever you're you know, member of Congress

741
00:35:50,920 --> 00:35:51,759
Speaker 3: or whatever, you don't.

742
00:35:51,760 --> 00:35:53,440
Speaker 1: Now this is where the Elon thing is important.

743
00:35:53,760 --> 00:35:57,279
Speaker 3: It imply it applies not only to public holdings, but

744
00:35:57,320 --> 00:36:01,040
Speaker 3: to private holdings especially. So for example, space x is

745
00:36:01,040 --> 00:36:04,759
Speaker 3: an entirely private company. Now their private companies also is

746
00:36:04,840 --> 00:36:07,960
Speaker 3: relying on government contracts. So this is where there is

747
00:36:08,120 --> 00:36:10,840
Speaker 3: lack of transparency because at least with Tesla Tesla's a

748
00:36:10,880 --> 00:36:14,279
Speaker 3: fortune five hundred publicly traded company, we have tons of

749
00:36:14,280 --> 00:36:17,040
Speaker 3: insight into their financials. To Elon's, I mean you can

750
00:36:17,080 --> 00:36:19,400
Speaker 3: literally go up and look his own you know, stock ownership,

751
00:36:19,400 --> 00:36:21,919
Speaker 3: the number of shares, et cetera. Does all of these

752
00:36:22,000 --> 00:36:24,640
Speaker 3: sec compliance and things that you have to do whenever

753
00:36:24,680 --> 00:36:27,439
Speaker 3: you're publicly traded, but in your private stakes, so things

754
00:36:27,480 --> 00:36:30,880
Speaker 3: like the boring company as the SpaceX, et cetera, you

755
00:36:30,880 --> 00:36:33,840
Speaker 3: don't have the same reporting requirements. There's literally no obligation

756
00:36:33,880 --> 00:36:36,960
Speaker 3: to ever release your financials like any business that's private.

757
00:36:37,280 --> 00:36:40,800
Speaker 3: That is where I think that the most objectionable conflict

758
00:36:40,800 --> 00:36:42,879
Speaker 3: of interest stuff can come. And it's just the most

759
00:36:43,040 --> 00:36:47,359
Speaker 3: glaring hole for Elon in the future. Like it's one

760
00:36:47,400 --> 00:36:50,080
Speaker 3: of those where if you don't have this stuff buttoned

761
00:36:50,160 --> 00:36:52,439
Speaker 3: up right now, you're going to be spending the next

762
00:36:52,480 --> 00:36:53,600
Speaker 3: decade in federal court.

763
00:36:53,719 --> 00:36:57,280
Speaker 1: Like, let's all just look at this. Clearly, what you think.

764
00:36:57,160 --> 00:36:59,400
Speaker 3: Some democratic ag is not gonna let this go.

765
00:36:59,600 --> 00:37:01,600
Speaker 1: It's like, yeah, I guess you could.

766
00:37:01,640 --> 00:37:03,520
Speaker 3: You're right, So I don't think, but it would have

767
00:37:03,520 --> 00:37:06,680
Speaker 3: required it would require a literal pardon, just like the

768
00:37:06,719 --> 00:37:09,440
Speaker 3: same type of pardon that Hunter got, which I pardon

769
00:37:09,520 --> 00:37:12,200
Speaker 3: you for all crimes in the past and in the future,

770
00:37:12,960 --> 00:37:14,719
Speaker 3: which okay, I mean, I guess we've normalize.

771
00:37:14,800 --> 00:37:17,239
Speaker 2: I think I think that's I don't think there's any

772
00:37:17,239 --> 00:37:20,080
Speaker 2: reason to expect that Elon would be left in any

773
00:37:20,120 --> 00:37:24,120
Speaker 2: sort of legal jeopardy here. And just to to drill

774
00:37:24,200 --> 00:37:26,320
Speaker 2: down on what you're saying here, you know, for anyone

775
00:37:26,360 --> 00:37:29,239
Speaker 2: who believes this is some you know, noble mission to

776
00:37:29,400 --> 00:37:32,680
Speaker 2: root out corruption and government, I want you to understand

777
00:37:33,360 --> 00:37:37,120
Speaker 2: the trajectory of the Trump administration here. The very first week,

778
00:37:37,400 --> 00:37:40,399
Speaker 2: what was one of the first illegal acts that he took.

779
00:37:41,400 --> 00:37:45,520
Speaker 2: Late at night, he fired almost every inspector general across agencies,

780
00:37:45,520 --> 00:37:49,000
Speaker 2: including ones that he had himself put into that position

781
00:37:49,640 --> 00:37:51,279
Speaker 2: in his first administration.

782
00:37:51,880 --> 00:37:53,480
Speaker 4: So they were all fired.

783
00:37:53,520 --> 00:37:54,880
Speaker 2: These are the people that are meant to be the

784
00:37:54,920 --> 00:37:58,200
Speaker 2: watchdogs at the agencies to provide some public accountability, and

785
00:37:58,320 --> 00:38:02,359
Speaker 2: we've relied on the ports that these itubes have put out,

786
00:38:02,719 --> 00:38:06,040
Speaker 2: both regard to Biden and with regard to Trump. So

787
00:38:06,280 --> 00:38:09,680
Speaker 2: they're gone, so you no longer have people in position

788
00:38:10,239 --> 00:38:13,680
Speaker 2: to watch over what's going on. So almost like a

789
00:38:13,719 --> 00:38:18,080
Speaker 2: blackout there, you had him fire the top government ethics

790
00:38:18,120 --> 00:38:21,480
Speaker 2: official that is supposed to be reviewing conflicts of interest

791
00:38:21,560 --> 00:38:23,799
Speaker 2: and other things of that nature. With regard to the

792
00:38:23,840 --> 00:38:27,480
Speaker 2: White House, he actually signed an executive order rolling back

793
00:38:27,680 --> 00:38:31,480
Speaker 2: a Biden anti corruption executive order that also was meant

794
00:38:31,480 --> 00:38:33,520
Speaker 2: to apply to the White House. And then just for fun,

795
00:38:33,600 --> 00:38:35,840
Speaker 2: because this is something that dear and dear to Trump's

796
00:38:35,840 --> 00:38:39,240
Speaker 2: own heart, in terms of being the global real estate magnate.

797
00:38:39,560 --> 00:38:45,120
Speaker 2: He also has rolled back enforcement of foreign bribery laws,

798
00:38:45,400 --> 00:38:48,160
Speaker 2: so now you can, you know, as a business person

799
00:38:48,760 --> 00:38:52,040
Speaker 2: overseas trying to make a deal, bribe whatever officials you

800
00:38:52,080 --> 00:38:55,280
Speaker 2: want to to be able to secure that for yourself.

801
00:38:55,640 --> 00:38:59,160
Speaker 2: So there has been a systematic effort to avoid Oh

802
00:38:59,160 --> 00:39:01,359
Speaker 2: and one more thing. Y one also has said he's

803
00:39:01,400 --> 00:39:04,880
Speaker 2: not going to make his personal financial disclosure public, so

804
00:39:05,120 --> 00:39:08,279
Speaker 2: Elon is supposed to be enforcing for himself whether there's

805
00:39:08,320 --> 00:39:11,719
Speaker 2: any conflicts of interest here. And you know, it's like

806
00:39:11,760 --> 00:39:14,520
Speaker 2: I said before, if you look at all of the

807
00:39:14,520 --> 00:39:17,920
Speaker 2: different agencies that he had run a foul of, you know, Transportation,

808
00:39:18,080 --> 00:39:21,479
Speaker 2: Intoior Justice, agriculture of the natural a relations for many

809
00:39:21,560 --> 00:39:25,320
Speaker 2: lawsuits there, the Equal Employment Opportunity Commission, Consumer Financial Protection

810
00:39:25,360 --> 00:39:28,359
Speaker 2: Bureer or the SEC, the Defense Department, the FBC that's

811
00:39:28,400 --> 00:39:30,799
Speaker 2: a federal election commission, the Office of Government Ethics. Oh,

812
00:39:30,800 --> 00:39:32,400
Speaker 2: that's the one I just mentioned where they just fired

813
00:39:32,400 --> 00:39:37,120
Speaker 2: the top top person. So it's insane to imagine that

814
00:39:37,280 --> 00:39:40,040
Speaker 2: the richest man on the planet, who has some fifteen

815
00:39:40,120 --> 00:39:43,239
Speaker 2: billion dollars in federal government contracts, after the over the

816
00:39:43,280 --> 00:39:47,800
Speaker 2: post past number of years is going to avoid these

817
00:39:48,200 --> 00:39:51,319
Speaker 2: conflicts and avoid self dealing. We already know that that

818
00:39:51,440 --> 00:39:54,359
Speaker 2: is the polar opposite of the case, and I think

819
00:39:54,400 --> 00:39:57,080
Speaker 2: it's always really important to keep in mind what the

820
00:39:57,160 --> 00:40:02,400
Speaker 2: goal is here. The goal is a very ideological, like

821
00:40:02,719 --> 00:40:07,359
Speaker 2: radical libertarian vision of stripping the government down, so that

822
00:40:07,560 --> 00:40:10,440
Speaker 2: even if you don't go through Congress and roll back

823
00:40:10,520 --> 00:40:13,839
Speaker 2: regulations you know that would be enforced by the CFPB,

824
00:40:14,000 --> 00:40:17,000
Speaker 2: that would be enforced by the SEC. They are so

825
00:40:17,040 --> 00:40:19,080
Speaker 2: short staffed and they are run by people that are

826
00:40:19,080 --> 00:40:24,399
Speaker 2: ideologically opposed to those regulations, So it's effectively deregulation by

827
00:40:24,480 --> 00:40:28,040
Speaker 2: defunding and by you know, firing all of these employees

828
00:40:28,080 --> 00:40:31,680
Speaker 2: that you possibly can. You know, obviously this benefits someone

829
00:40:31,719 --> 00:40:33,960
Speaker 2: who has a lot of business interests and wants to

830
00:40:34,000 --> 00:40:36,319
Speaker 2: just be able to do whatever it is that he

831
00:40:36,400 --> 00:40:39,760
Speaker 2: wants to do. So that's you know, a big part.

832
00:40:39,880 --> 00:40:42,080
Speaker 2: That is the primary thing that is going on here.

833
00:40:42,320 --> 00:40:46,440
Speaker 2: And at the same time, you know that education contracts

834
00:40:46,560 --> 00:40:51,120
Speaker 2: are being frozen, and you had the healthcare the health

835
00:40:51,200 --> 00:40:55,799
Speaker 2: research freeze that's been rolled back temporarily at least by

836
00:40:55,880 --> 00:40:57,640
Speaker 2: a judge. We'll see if they're complying with that. But

837
00:40:57,680 --> 00:40:59,360
Speaker 2: while you have all these problems that are frozen in

838
00:40:59,360 --> 00:41:02,520
Speaker 2: contracts that are being frozen and rolled back Elon himself,

839
00:41:02,719 --> 00:41:05,359
Speaker 2: his contracts are going right through. This was a great

840
00:41:05,360 --> 00:41:08,640
Speaker 2: scoop by Ryan and Jeremy over at drop site News.

841
00:41:08,840 --> 00:41:13,080
Speaker 2: So Tesla is set to win the largest State Department

842
00:41:13,120 --> 00:41:16,520
Speaker 2: contract of twenty twenty five. They're getting from the State

843
00:41:16,560 --> 00:41:21,719
Speaker 2: Department four hundred million dollars for armored Tesla's. This is

844
00:41:21,760 --> 00:41:25,799
Speaker 2: apparently armored cyber trucks, in particular that they are so

845
00:41:25,840 --> 00:41:29,440
Speaker 2: four hundred million dollars in armored cyber trucks to the

846
00:41:29,480 --> 00:41:32,480
Speaker 2: State Apartment, according to procurement.

847
00:41:32,000 --> 00:41:33,280
Speaker 4: Documents that they reviewed.

848
00:41:33,360 --> 00:41:36,799
Speaker 2: So again, the largest contract for the State Department for

849
00:41:36,880 --> 00:41:39,759
Speaker 2: all of twenty twenty five, thus far four hundred million

850
00:41:39,800 --> 00:41:42,200
Speaker 2: dollars into the pockets of Elon Musk.

851
00:41:42,400 --> 00:41:43,680
Speaker 1: How do I buy one? How do I get it

852
00:41:43,800 --> 00:41:44,319
Speaker 1: nice for him?

853
00:41:44,640 --> 00:41:45,399
Speaker 4: Very nice for him.

854
00:41:45,680 --> 00:41:47,040
Speaker 3: Look, I think there's a couple of things. I don't

855
00:41:47,040 --> 00:41:49,880
Speaker 3: think it's deniable that anything that you're saying is correct.

856
00:41:50,520 --> 00:41:53,919
Speaker 3: I have noticed with great interest of a recent talking point,

857
00:41:53,960 --> 00:41:56,200
Speaker 3: which is that Elon is so rich that he has

858
00:41:56,239 --> 00:41:59,400
Speaker 3: no incentive to steal from you, Which is an interesting

859
00:42:00,120 --> 00:42:02,640
Speaker 3: way to think about it, because by that logic, it

860
00:42:02,680 --> 00:42:04,279
Speaker 3: means we should just take all of the richest and

861
00:42:04,320 --> 00:42:06,760
Speaker 3: most powerful people and we should put them in charge because.

862
00:42:06,520 --> 00:42:08,560
Speaker 4: They're surely the most honest.

863
00:42:08,400 --> 00:42:11,240
Speaker 1: Right soccer, Look, that's wild.

864
00:42:12,760 --> 00:42:15,720
Speaker 3: Well, let's move past it and just think about what's

865
00:42:16,080 --> 00:42:17,560
Speaker 3: I think there's a couple things.

866
00:42:17,600 --> 00:42:20,160
Speaker 1: I think Elon is obviously getting his pet stuff.

867
00:42:20,400 --> 00:42:22,520
Speaker 3: The reason why this is right now is just so

868
00:42:22,600 --> 00:42:25,919
Speaker 3: overwhelmingly popular with a lot of the Republicans is because

869
00:42:25,920 --> 00:42:30,640
Speaker 3: it's also dismantling this like professional managerial class center of gravity,

870
00:42:30,680 --> 00:42:33,960
Speaker 3: and that is really Elon's political genius here. And what

871
00:42:34,040 --> 00:42:37,000
Speaker 3: I keep thinking about is he has to wait. They

872
00:42:37,000 --> 00:42:39,240
Speaker 3: have to wait for him to screw up, to touch

873
00:42:39,280 --> 00:42:42,960
Speaker 3: something that will really set people off before anybody's going

874
00:42:43,040 --> 00:42:45,520
Speaker 3: to care about all of this conflict of interest. I mean,

875
00:42:45,640 --> 00:42:48,080
Speaker 3: you know, I remember how many times in the Iraq

876
00:42:48,200 --> 00:42:50,799
Speaker 3: era would we talk about Halliburton and all of those

877
00:42:50,840 --> 00:42:53,879
Speaker 3: no big contracts that they would get, and Republicans would

878
00:42:53,880 --> 00:42:55,600
Speaker 3: just shut up and say, oh, no, no.

879
00:42:55,760 --> 00:42:58,120
Speaker 1: George W. Bush told me that it was all okay.

880
00:42:58,160 --> 00:43:01,120
Speaker 3: It probably took a decade for people to with what

881
00:43:01,280 --> 00:43:05,200
Speaker 3: was also obviously a very brazen corruption scandal right now

882
00:43:05,360 --> 00:43:08,279
Speaker 3: by targeting all of these things which are niche and

883
00:43:08,320 --> 00:43:11,400
Speaker 3: which would also force Democrats to fight on on popular grounds.

884
00:43:11,440 --> 00:43:14,600
Speaker 3: So for every talk that you're talking about education, you know,

885
00:43:14,640 --> 00:43:16,680
Speaker 3: cut for what we've seen right now, it's like what

886
00:43:16,760 --> 00:43:19,000
Speaker 3: a rural health clinic and a few different states. I'm

887
00:43:19,000 --> 00:43:20,799
Speaker 3: not downplaying it, but it's not going to make you know,

888
00:43:20,840 --> 00:43:23,880
Speaker 3: international news. You have to wait until you hit something

889
00:43:24,040 --> 00:43:27,240
Speaker 3: that genuinely affects every single citizen. And if you don't

890
00:43:27,239 --> 00:43:29,560
Speaker 3: do that, I'm unfortunately going to tell you it's going

891
00:43:29,640 --> 00:43:31,040
Speaker 3: to be popular because what are you going to mount

892
00:43:31,080 --> 00:43:34,160
Speaker 3: your defense on, Oh, we're standing up for the NCAA's

893
00:43:34,239 --> 00:43:38,120
Speaker 3: right to have transgender athletes, or you know, the education department.

894
00:43:38,239 --> 00:43:40,120
Speaker 3: Like I said, as long as the funds continue to

895
00:43:40,160 --> 00:43:41,880
Speaker 3: go through to all the schools, I don't think this

896
00:43:41,960 --> 00:43:46,120
Speaker 3: person's gonna give a shit about actually dismantling the education department.

897
00:43:46,200 --> 00:43:48,600
Speaker 3: You know, maybe you know, if we have some denied

898
00:43:48,719 --> 00:43:52,360
Speaker 3: program or something, it affects tens of millions of people.

899
00:43:52,400 --> 00:43:53,080
Speaker 1: But by and.

900
00:43:53,080 --> 00:43:55,600
Speaker 3: Large, the lack of trust right now in the government

901
00:43:55,840 --> 00:43:59,640
Speaker 3: is so low, and then the lack of the lack

902
00:43:59,680 --> 00:44:02,759
Speaker 3: of really like faith that these people staying in their

903
00:44:02,800 --> 00:44:06,319
Speaker 3: jobs was genuinely working for the average person. Is just

904
00:44:06,760 --> 00:44:09,239
Speaker 3: it doesn't think it exists at a Zeitgeide level, Like

905
00:44:09,280 --> 00:44:13,080
Speaker 3: there's something very attractive to the American citizen, just broadly

906
00:44:13,080 --> 00:44:16,000
Speaker 3: from what I've seen here in terms of the popularity

907
00:44:16,080 --> 00:44:20,240
Speaker 3: and the enthusiasm around those that there is this permanent

908
00:44:20,239 --> 00:44:23,400
Speaker 3: bureaucracy that is taking advantage of people. And I mean

909
00:44:23,440 --> 00:44:26,080
Speaker 3: one of my favorite stats that I see everywhere on

910
00:44:26,160 --> 00:44:29,520
Speaker 3: Normy Instagram is about how the Coller counties around Washington,

911
00:44:29,600 --> 00:44:31,920
Speaker 3: DC are the richest in the United States. That is

912
00:44:31,960 --> 00:44:33,960
Speaker 3: fundamentally the problem is that, you know, we we talked

913
00:44:33,960 --> 00:44:36,399
Speaker 3: about the post World War two order, but a lot

914
00:44:36,400 --> 00:44:38,160
Speaker 3: of this can be blamed on Bill Clinton, you know,

915
00:44:38,160 --> 00:44:41,520
Speaker 3: for the privatization of government and of contract explosion of

916
00:44:41,560 --> 00:44:45,160
Speaker 3: government contracts, of the deficits. So that's really why I

917
00:44:45,200 --> 00:44:47,960
Speaker 3: think the Democrats are in a very difficult position. It's

918
00:44:48,000 --> 00:44:51,600
Speaker 3: like people really hate a lot of these agencies, and

919
00:44:51,640 --> 00:44:55,120
Speaker 3: they genuinely do feel like the HR and make workification

920
00:44:55,360 --> 00:44:58,680
Speaker 3: of so much of government has done absolutely nothing for them.

921
00:44:58,719 --> 00:45:00,680
Speaker 3: That it's going to be very hard to convince people

922
00:45:00,760 --> 00:45:03,759
Speaker 3: and until something is genuinely taken away from them.

923
00:45:03,800 --> 00:45:07,279
Speaker 2: I think there's probably something to that, but I also

924
00:45:07,400 --> 00:45:09,240
Speaker 2: think that like they're going for it. I mean, Elon

925
00:45:09,360 --> 00:45:12,960
Speaker 2: is out there posting repeatedly about social security. The Republicans

926
00:45:12,960 --> 00:45:13,400
Speaker 2: are targeted.

927
00:45:13,560 --> 00:45:15,640
Speaker 3: Take them out fraud and say everybody does know that

928
00:45:15,680 --> 00:45:17,560
Speaker 3: there is a ton of fraud in so look, I'm

929
00:45:17,560 --> 00:45:19,560
Speaker 3: not defending it. What I'm telling you is that it

930
00:45:19,680 --> 00:45:20,800
Speaker 3: will be popular.

931
00:45:20,920 --> 00:45:25,440
Speaker 2: People know Medicare touches their social security, their Medicare, their medicaidblic.

932
00:45:25,520 --> 00:45:27,320
Speaker 2: I mean, the only able to freak out about their adoborities.

933
00:45:27,480 --> 00:45:33,040
Speaker 2: We're fleecing the government trillion dollars. It cuts to mandatory spending.

934
00:45:33,600 --> 00:45:38,640
Speaker 2: Seventy percent of mandatory spending is social Security, Medicare, and Medicaid.

935
00:45:39,239 --> 00:45:42,680
Speaker 2: There is, Yes, I'm fraud, especially in Medicare. Yes, you

936
00:45:42,760 --> 00:45:44,960
Speaker 2: really think they're going after that because that requires going

937
00:45:45,000 --> 00:45:45,920
Speaker 2: after rich people.

938
00:45:46,040 --> 00:45:47,760
Speaker 4: No, they have an.

939
00:45:47,640 --> 00:45:54,800
Speaker 2: Ideological far right libertarian agenda to strip down as much

940
00:45:54,880 --> 00:45:56,600
Speaker 2: as they possibly can.

941
00:45:57,120 --> 00:45:57,839
Speaker 4: That is the goal.

942
00:45:58,239 --> 00:46:01,160
Speaker 2: And so while you know we're in the early phases

943
00:46:01,200 --> 00:46:05,319
Speaker 2: here and it's rural health clinic there and meals on

944
00:46:05,360 --> 00:46:10,040
Speaker 2: wheels here and a school bus procurement in I think Illinois,

945
00:46:10,360 --> 00:46:13,879
Speaker 2: that hasn't gone through. I think it's inevitable that they

946
00:46:13,920 --> 00:46:16,160
Speaker 2: do hit bone, and they intend to, you know, I

947
00:46:16,160 --> 00:46:18,799
Speaker 2: mean that's what move fast and break things means, they

948
00:46:18,840 --> 00:46:19,960
Speaker 2: intend to hit bone.

949
00:46:20,440 --> 00:46:22,000
Speaker 4: So there's that piece.

950
00:46:22,440 --> 00:46:26,000
Speaker 2: The other piece is I want people to understand that

951
00:46:26,160 --> 00:46:30,000
Speaker 2: these first few weeks of the Trump administration have been

952
00:46:30,280 --> 00:46:35,680
Speaker 2: a historic bonanza for the richest of the rich in

953
00:46:35,719 --> 00:46:36,560
Speaker 2: corporate America.

954
00:46:37,080 --> 00:46:40,840
Speaker 4: The level of regulatory rollback is truly.

955
00:46:40,600 --> 00:46:43,360
Speaker 2: Like at this speed is truly not something we have

956
00:46:43,640 --> 00:46:48,160
Speaker 2: probably ever seen. And as I said before, it's not

957
00:46:48,280 --> 00:46:51,440
Speaker 2: coming through, you know, passing laws through Congress and rolling

958
00:46:51,480 --> 00:46:54,279
Speaker 2: back previous regulation because people would object to that, right,

959
00:46:54,320 --> 00:46:56,680
Speaker 2: I don't think they could do that. So instead, what

960
00:46:56,719 --> 00:46:59,640
Speaker 2: they're doing I don't know, is they're gutting the enforcement.

961
00:47:00,000 --> 00:47:02,960
Speaker 2: They're gutting c FB, they're gutting the SEC. They're gutting

962
00:47:03,000 --> 00:47:06,959
Speaker 2: the FTC, they're gutting all of these the NLRB, they're

963
00:47:07,000 --> 00:47:10,480
Speaker 2: gutting all of the bodies that are meant to be

964
00:47:10,560 --> 00:47:15,080
Speaker 2: the sort of white collar cops that go after elite crimes.

965
00:47:15,800 --> 00:47:19,359
Speaker 4: That has been a massive giveaway to.

966
00:47:19,760 --> 00:47:22,680
Speaker 2: Elon and the other you know, billionaires who have an

967
00:47:22,680 --> 00:47:25,359
Speaker 2: interest personal interest in such thing. And then next up

968
00:47:25,400 --> 00:47:28,680
Speaker 2: on the agenda is a massive tax cut. So while

969
00:47:28,680 --> 00:47:31,719
Speaker 2: they're all running around austerity and the deficit and the

970
00:47:31,760 --> 00:47:34,839
Speaker 2: debt blah blah blah, they're about to pass if we're

971
00:47:34,880 --> 00:47:39,399
Speaker 2: trillion dollar tax cut that goes predominantly to them. So

972
00:47:39,960 --> 00:47:44,960
Speaker 2: you're right that what is being cloaked in is DEI

973
00:47:45,239 --> 00:47:46,000
Speaker 2: and trim.

974
00:47:46,200 --> 00:47:48,400
Speaker 4: This and Marima and whatever.

975
00:47:48,440 --> 00:47:50,640
Speaker 1: True, that's the problem, but so much let me.

976
00:47:50,800 --> 00:47:52,759
Speaker 2: Let me ask you a question, Sager. Yeah, what do

977
00:47:52,800 --> 00:47:55,479
Speaker 2: you think is more popular right now? DEI or Dose?

978
00:47:55,640 --> 00:47:58,120
Speaker 3: Well, I saw your tweet on the subject. I'm not

979
00:47:58,120 --> 00:48:00,480
Speaker 3: sure if we're going to take again if the tweets

980
00:48:00,560 --> 00:48:02,080
Speaker 3: or are these polls and all of that.

981
00:48:02,200 --> 00:48:02,880
Speaker 1: To the bank.

982
00:48:03,120 --> 00:48:05,560
Speaker 3: I think it could be an inference point. Now we

983
00:48:05,640 --> 00:48:08,759
Speaker 3: will find out in the midterm election. So Democrats and

984
00:48:08,760 --> 00:48:11,440
Speaker 3: all these they're talking about resistance and all that. But

985
00:48:11,960 --> 00:48:15,000
Speaker 3: my main position here is I'm done being sigh opped

986
00:48:15,080 --> 00:48:18,120
Speaker 3: by many of these polls, just considering what happened in

987
00:48:18,160 --> 00:48:21,040
Speaker 3: the election. All of the polls that indicated some sort

988
00:48:21,080 --> 00:48:24,000
Speaker 3: of cultural left resistance or whatever was all bullshit. I mean,

989
00:48:24,200 --> 00:48:27,120
Speaker 3: and look, let's just be really, let's be very basic.

990
00:48:27,400 --> 00:48:31,000
Speaker 3: Do we think that affirmative action, which is di I

991
00:48:31,160 --> 00:48:33,959
Speaker 3: is on steroids, which was nuked at the ballot box

992
00:48:34,000 --> 00:48:37,840
Speaker 3: in the most liberal state in California, is as popular

993
00:48:38,280 --> 00:48:42,440
Speaker 3: as cutting government spending, specifically if it's cloaked in fraud

994
00:48:42,719 --> 00:48:45,239
Speaker 3: and in diversity program at a fundamental level, do you

995
00:48:45,280 --> 00:48:46,320
Speaker 3: really believe that's true?

996
00:48:46,400 --> 00:48:47,440
Speaker 1: But it's just not true.

997
00:48:47,480 --> 00:48:49,600
Speaker 2: This is no way I will grant you your caveat. So,

998
00:48:49,600 --> 00:48:51,120
Speaker 2: first of all, to answer the question is if you

999
00:48:51,120 --> 00:48:54,080
Speaker 2: look at the polls, the is actually more popular one

1000
00:48:54,280 --> 00:48:57,680
Speaker 2: poll which is popular actually even surprise me.

1001
00:48:57,760 --> 00:49:01,440
Speaker 3: Which is probably shit libs being like, well, well Republicans

1002
00:49:01,480 --> 00:49:03,719
Speaker 3: here against de I. So I have to be pro d.

1003
00:49:04,120 --> 00:49:06,600
Speaker 2: I think also you have to admit, like there is

1004
00:49:06,640 --> 00:49:10,800
Speaker 2: a there is a color blind merit instinct in the public,

1005
00:49:11,200 --> 00:49:14,040
Speaker 2: and there should be. And so when it when the

1006
00:49:14,400 --> 00:49:19,200
Speaker 2: you know, when there was a movement towards like too

1007
00:49:19,320 --> 00:49:24,040
Speaker 2: much focus on these racial divisions from the left, there's

1008
00:49:24,040 --> 00:49:26,920
Speaker 2: a backlash against that. But I think there's also you

1009
00:49:26,920 --> 00:49:29,160
Speaker 2: know a sense of it can go too far where

1010
00:49:29,360 --> 00:49:31,840
Speaker 2: now you're just you know, you're you're swinging too far.

1011
00:49:31,719 --> 00:49:35,400
Speaker 4: In the other I want to put that, but it's not.

1012
00:49:35,520 --> 00:49:38,919
Speaker 2: But that's the thing is merit is is one thing

1013
00:49:39,160 --> 00:49:42,600
Speaker 2: and rolling back, you know, iber Mex Kendy's like, pointless

1014
00:49:42,640 --> 00:49:45,840
Speaker 2: corporate training is one thing, cutting into civil rights is another.

1015
00:49:45,960 --> 00:49:48,200
Speaker 2: And I think there's there is but there I think

1016
00:49:48,480 --> 00:49:50,120
Speaker 2: I think that's where they run the risk, but I

1017
00:49:50,160 --> 00:49:54,839
Speaker 2: want to to to move from that. I think where

1018
00:49:54,880 --> 00:49:57,879
Speaker 2: you're right is there's a reason why they cloak all

1019
00:49:57,920 --> 00:50:01,640
Speaker 2: of this in government efficiency and anti corruption and anti fraud,

1020
00:50:01,680 --> 00:50:04,600
Speaker 2: et cetera. But where there's a giant risk is if

1021
00:50:04,600 --> 00:50:07,799
Speaker 2: you ask people how much influence billionaires should have in

1022
00:50:07,840 --> 00:50:10,160
Speaker 2: our government, they're like, none.

1023
00:50:10,719 --> 00:50:12,760
Speaker 4: We don't like this at all.

1024
00:50:12,800 --> 00:50:15,520
Speaker 2: And I don't think people are so stupid as to

1025
00:50:15,600 --> 00:50:19,040
Speaker 2: not realize that there's a major problem with the richest

1026
00:50:19,040 --> 00:50:22,800
Speaker 2: man on earth making himself CEO dictator of the country

1027
00:50:22,840 --> 00:50:23,840
Speaker 2: and calling the shots.

1028
00:50:24,320 --> 00:50:24,520
Speaker 4: You know.

1029
00:50:24,880 --> 00:50:27,480
Speaker 2: I think the polling about how whether you think the

1030
00:50:27,560 --> 00:50:31,520
Speaker 2: numbers are absolutely correct or not, but the shift against

1031
00:50:31,560 --> 00:50:34,000
Speaker 2: Elon and the sense like we don't really want this

1032
00:50:34,080 --> 00:50:36,839
Speaker 2: guy to have this much say in our government, even

1033
00:50:36,880 --> 00:50:40,759
Speaker 2: among Republicans. I think that's really important because there is

1034
00:50:40,880 --> 00:50:44,800
Speaker 2: an instinct of these oligarchs have too much control over government.

1035
00:50:44,800 --> 00:50:48,040
Speaker 2: They're already too involved. And that scene in the you know,

1036
00:50:48,080 --> 00:50:50,759
Speaker 2: in the White House where in the Oval office where

1037
00:50:50,760 --> 00:50:54,480
Speaker 2: he's standing there, you know, sort of over Trump, and

1038
00:50:54,480 --> 00:50:57,480
Speaker 2: Trump is looking up at him. And the level of

1039
00:50:57,520 --> 00:51:00,000
Speaker 2: deference that Trump has shown to him has really been

1040
00:51:00,080 --> 00:51:04,120
Speaker 2: and perplexing and surprising to me. I mean, we've never

1041
00:51:04,200 --> 00:51:08,000
Speaker 2: seen that sort of deferential behavior from Trump. But again,

1042
00:51:08,040 --> 00:51:11,239
Speaker 2: at Hammer's home, who is really calling shots and who

1043
00:51:11,280 --> 00:51:13,640
Speaker 2: is really in charge? And I do think that there

1044
00:51:13,760 --> 00:51:17,640
Speaker 2: is a visceral reaction against that. Now, when there is

1045
00:51:18,160 --> 00:51:20,759
Speaker 2: likely to be some sort of inevitable you know, either

1046
00:51:20,840 --> 00:51:24,600
Speaker 2: catastrophe or touching some program that really does have massive impact,

1047
00:51:24,920 --> 00:51:27,360
Speaker 2: I think you will see a swift turning on this.

1048
00:51:27,480 --> 00:51:29,520
Speaker 2: But it's already really not that popular.

1049
00:51:29,640 --> 00:51:32,480
Speaker 3: I think it's possible. I'm not trusting these polls on

1050
00:51:32,520 --> 00:51:35,480
Speaker 3: this at all. Zero, I'm genuinely I'm My number one

1051
00:51:35,480 --> 00:51:37,920
Speaker 3: thing I'm waiting for is that Virginia election. I want

1052
00:51:37,960 --> 00:51:40,680
Speaker 3: to see the level of resistance, whether all of that

1053
00:51:41,040 --> 00:51:44,800
Speaker 3: is true, because there's just too much countermanding evidence against

1054
00:51:44,800 --> 00:51:48,359
Speaker 3: the idea that cutting government spending or elon or all

1055
00:51:48,400 --> 00:51:50,880
Speaker 3: of this is unpopular. I mean, just considering the election,

1056
00:51:51,040 --> 00:51:55,279
Speaker 3: considering the mandate, I mean, we had remember mandate, Okay, Fine,

1057
00:51:55,320 --> 00:51:56,880
Speaker 3: I mean won the popular vote.

1058
00:51:56,920 --> 00:51:57,840
Speaker 4: No, I am a point.

1059
00:51:58,000 --> 00:52:00,160
Speaker 1: Okay, so one and all seven of the swing state.

1060
00:52:00,800 --> 00:52:04,560
Speaker 2: Biden won by four and a half points the congressional

1061
00:52:04,840 --> 00:52:08,040
Speaker 2: The congressional margin is like the smallest in history. And

1062
00:52:08,239 --> 00:52:11,680
Speaker 2: also that was Trump getting elected, not Elon Musk. But

1063
00:52:11,760 --> 00:52:14,320
Speaker 2: much of what they're doing, like, no one was saying

1064
00:52:14,920 --> 00:52:17,200
Speaker 2: in the when they were running for office, we're going

1065
00:52:17,280 --> 00:52:19,880
Speaker 2: to dismantle the CFPB. That was not something Trump was

1066
00:52:19,960 --> 00:52:23,520
Speaker 2: running on. And in fact, in fact this well, that's

1067
00:52:23,560 --> 00:52:25,920
Speaker 2: why we're here to explain to them that's the anti.

1068
00:52:25,680 --> 00:52:26,400
Speaker 4: Can't play.

1069
00:52:27,960 --> 00:52:28,720
Speaker 1: Vote for him anyway.

1070
00:52:28,920 --> 00:52:32,760
Speaker 2: No one ran on we're going to defund the white

1071
00:52:32,760 --> 00:52:35,239
Speaker 2: collar crime cops, right, That was not a part of

1072
00:52:35,280 --> 00:52:37,960
Speaker 2: the pitch. And I know they want to sell this

1073
00:52:38,080 --> 00:52:44,319
Speaker 2: idea that voters wanted some like massive revolutionary reform that

1074
00:52:44,480 --> 00:52:47,440
Speaker 2: you know, led by an anarcho capitalist and the richest

1075
00:52:47,440 --> 00:52:48,200
Speaker 2: man on the planet.

1076
00:52:48,600 --> 00:52:50,319
Speaker 4: I don't think that's at all what people voted for.

1077
00:52:50,440 --> 00:52:52,760
Speaker 2: In fact, the way I know that that's the case

1078
00:52:52,920 --> 00:52:55,279
Speaker 2: is what was the whole purpose of Trump going on

1079
00:52:55,400 --> 00:52:57,799
Speaker 2: all of those like bro podcasts. It was to make

1080
00:52:57,840 --> 00:53:00,600
Speaker 2: him seem normal and not extreme. And it worked, right,

1081
00:53:00,719 --> 00:53:03,120
Speaker 2: It made people Oh, they're saying he's going to do all.

1082
00:53:03,000 --> 00:53:05,000
Speaker 4: This crazy stuff. He's not going to do crazy stuff.

1083
00:53:05,000 --> 00:53:06,960
Speaker 2: He's just gonna like try to get prices down and

1084
00:53:07,000 --> 00:53:09,759
Speaker 2: be a good businessman. Because that's what I remember from

1085
00:53:09,760 --> 00:53:13,160
Speaker 2: the first administration, is that prices were lower and my

1086
00:53:13,320 --> 00:53:16,280
Speaker 2: dollar went farther. You know, we're about to talk about inflation.

1087
00:53:16,440 --> 00:53:18,799
Speaker 4: He's completely moved back. He doesn't care about that at all.

1088
00:53:19,280 --> 00:53:23,440
Speaker 2: He's happy to have he even himself said previously, I

1089
00:53:23,440 --> 00:53:25,719
Speaker 2: don't really think that inflation is why people voted for me.

1090
00:53:25,880 --> 00:53:27,720
Speaker 2: I do think that was a big part of the reason.

1091
00:53:28,040 --> 00:53:29,880
Speaker 2: I absolutely think that was a big.

1092
00:53:29,719 --> 00:53:32,200
Speaker 1: Part of the reason. Actually, I still think it might

1093
00:53:32,200 --> 00:53:33,560
Speaker 1: have been more immigration in culture.

1094
00:53:33,880 --> 00:53:36,600
Speaker 2: I mean, I think immigration is part of it, for sure.

1095
00:53:37,000 --> 00:53:40,720
Speaker 2: But I also am quite confident that people were voting

1096
00:53:40,760 --> 00:53:44,040
Speaker 2: with their pocketbook. They felt like things were better economically,

1097
00:53:44,040 --> 00:53:45,960
Speaker 2: and they buy into the idea of Trump as this

1098
00:53:46,000 --> 00:53:49,040
Speaker 2: great businessman. And he did a very effective job of

1099
00:53:49,080 --> 00:53:52,000
Speaker 2: like humanizing himself and making himself seem like not this

1100
00:53:52,080 --> 00:53:55,320
Speaker 2: scary threat. And then you come in and you're like, oh, actually,

1101
00:53:55,360 --> 00:53:58,160
Speaker 2: you know what. Twenty twenty five plus was the project,

1102
00:53:58,200 --> 00:54:00,360
Speaker 2: not just the project twenty twenty five. But we're actually

1103
00:54:00,360 --> 00:54:02,680
Speaker 2: going to go way beyond that. We want a revolution.

1104
00:54:03,040 --> 00:54:05,880
Speaker 2: We're guiding your public schools, We're coming for social security,

1105
00:54:06,400 --> 00:54:08,800
Speaker 2: none of them. We're going to you know, annex Greenland

1106
00:54:08,800 --> 00:54:11,239
Speaker 2: and Canada and Gaza and whatever like. None of this

1107
00:54:11,360 --> 00:54:14,560
Speaker 2: was pisched on the campaign trail. So I think the

1108
00:54:14,600 --> 00:54:19,080
Speaker 2: notion that this program in total is what people voted for.

1109
00:54:19,440 --> 00:54:20,719
Speaker 4: I don't think that that is backed up by.

1110
00:54:20,640 --> 00:54:22,239
Speaker 3: A tell I'll tell you why I think that's wrong,

1111
00:54:22,280 --> 00:54:24,200
Speaker 3: which is that what's crazy to you is not what's

1112
00:54:24,200 --> 00:54:26,200
Speaker 3: crazy to a lot of people. What's crazy to you

1113
00:54:26,480 --> 00:54:29,560
Speaker 3: is the idea of dismantling the CFPB. What's crazy to

1114
00:54:29,680 --> 00:54:31,640
Speaker 3: the rest of the at least the people a lot

1115
00:54:31,640 --> 00:54:34,319
Speaker 3: of people voted for Trump is the very existence of

1116
00:54:34,400 --> 00:54:39,120
Speaker 3: permanent bureaucracy, d I, transgenderism, etc. So for them, it's

1117
00:54:39,160 --> 00:54:42,880
Speaker 3: actually normal cool and what they want to dismantle the

1118
00:54:43,080 --> 00:54:43,720
Speaker 3: very interesting.

1119
00:54:43,800 --> 00:54:45,600
Speaker 2: I'm not saying that there aren't plenty of people like that,

1120
00:54:45,840 --> 00:54:48,200
Speaker 2: but we're not talking about the Trump base who will

1121
00:54:48,239 --> 00:54:51,240
Speaker 2: justify anything. But if we're out there now, like actually

1122
00:54:51,320 --> 00:54:52,319
Speaker 2: us owning Gaza is a.

1123
00:54:52,320 --> 00:54:56,440
Speaker 3: Great in the normal pro the pro cast, shall we

1124
00:54:56,640 --> 00:55:01,120
Speaker 3: to them permanent bureaucracy, permanent managera class liber whatever you

1125
00:55:01,120 --> 00:55:01,719
Speaker 3: want to call it.

1126
00:55:01,960 --> 00:55:02,960
Speaker 1: They're the crazy ones.

1127
00:55:03,040 --> 00:55:06,080
Speaker 3: And in fact, I mean I sympathize and I understand that.

1128
00:55:06,280 --> 00:55:09,200
Speaker 3: What gets to it even more with the CFPB and

1129
00:55:09,200 --> 00:55:11,000
Speaker 3: all this stuff is that at the heart of it,

1130
00:55:11,239 --> 00:55:13,480
Speaker 3: regulatory agencies and all them.

1131
00:55:13,560 --> 00:55:15,960
Speaker 1: Nobody runs on it. But I didn't run on n

1132
00:55:16,080 --> 00:55:17,320
Speaker 1: lr ever, nobody gives.

1133
00:55:17,200 --> 00:55:19,920
Speaker 4: A sh about that. Rob That is not what did

1134
00:55:19,960 --> 00:55:20,200
Speaker 4: you say?

1135
00:55:20,239 --> 00:55:23,080
Speaker 1: And when did Kamala say NLRB on the campaign trail.

1136
00:55:23,440 --> 00:55:27,080
Speaker 2: Think of the contours of the fight between Bernie Sanders

1137
00:55:27,120 --> 00:55:30,400
Speaker 2: and Hillary Clinton. He was running on breaking up the

1138
00:55:30,440 --> 00:55:34,000
Speaker 2: big banks. That is a regulatory reform.

1139
00:55:34,080 --> 00:55:34,840
Speaker 1: That's okay, okay.

1140
00:55:34,960 --> 00:55:38,240
Speaker 3: That's also was more of a culture argument at the time,

1141
00:55:38,520 --> 00:55:42,759
Speaker 3: which because what you did, your old.

1142
00:55:42,160 --> 00:55:45,960
Speaker 2: Yes, that's right, that is a regulatory reform. And Hillary

1143
00:55:46,400 --> 00:55:49,359
Speaker 2: did what these people are doing, which is to say, oh, well,

1144
00:55:49,360 --> 00:55:52,600
Speaker 2: breaking up the big banks isn't going to end racism discrimination.

1145
00:55:52,680 --> 00:55:53,680
Speaker 1: In democrats structure.

1146
00:55:54,040 --> 00:55:56,399
Speaker 2: And you're right, it was very effective. And guess what,

1147
00:55:57,120 --> 00:56:01,320
Speaker 2: the whole Bernie Sanders movement, the Donald Trum movement, comes

1148
00:56:01,400 --> 00:56:06,760
Speaker 2: out of the destruction of a previously effective regulatory regime.

1149
00:56:07,560 --> 00:56:13,680
Speaker 2: When you deregulated the banks over successive administrations, but especially

1150
00:56:13,680 --> 00:56:16,239
Speaker 2: with the end of Glass Seagle, which separated the like

1151
00:56:16,360 --> 00:56:18,960
Speaker 2: you know, wild speculation part of banking from the traditional

1152
00:56:19,040 --> 00:56:21,560
Speaker 2: like you put in your deposit kind of banking. That's

1153
00:56:21,560 --> 00:56:25,880
Speaker 2: what helps to lead to a complete financial crash, so

1154
00:56:26,400 --> 00:56:28,960
Speaker 2: to wave, Oh, nobody cares about the CFPB, No one

1155
00:56:28,960 --> 00:56:31,839
Speaker 2: cares about the SEC. No one cares about it until

1156
00:56:31,880 --> 00:56:35,279
Speaker 2: you have a massive bubble that pops and destroys the

1157
00:56:35,480 --> 00:56:39,279
Speaker 2: entire financial system. And that's the path they're on, Like

1158
00:56:39,600 --> 00:56:43,320
Speaker 2: the level of deregulation that is going on right now

1159
00:56:43,400 --> 00:56:46,440
Speaker 2: by stripping and gutting these agencies, making it so that

1160
00:56:46,520 --> 00:56:50,520
Speaker 2: there is no enforcement whatsoever. Even it has been so

1161
00:56:50,719 --> 00:56:53,600
Speaker 2: radical that David dan and Matt Sueller were tracking this,

1162
00:56:53,960 --> 00:56:56,520
Speaker 2: the banks were like, actually, we need some guidance about

1163
00:56:56,520 --> 00:56:58,520
Speaker 2: what's even legal now and what we can do because

1164
00:56:58,520 --> 00:57:01,320
Speaker 2: we can't operate in this just deplete wild West system.

1165
00:57:01,680 --> 00:57:03,959
Speaker 2: So even the banks are like, we need a little

1166
00:57:04,000 --> 00:57:06,640
Speaker 2: bit of guardrails and guidance here because it has been

1167
00:57:06,760 --> 00:57:11,279
Speaker 2: rolled back so precipitously. So listen, what will happen in

1168
00:57:11,360 --> 00:57:13,640
Speaker 2: terms of how people feel about this or that, etc.

1169
00:57:14,480 --> 00:57:17,120
Speaker 2: We're both just guessing, right, based on what we think

1170
00:57:17,160 --> 00:57:19,240
Speaker 2: about the politics and how it's going to play out,

1171
00:57:19,360 --> 00:57:21,680
Speaker 2: who's going to make the pitch most effectively, whether people

1172
00:57:21,720 --> 00:57:24,880
Speaker 2: will be revolted by this billionaire or they'll buy into, like, oh,

1173
00:57:24,920 --> 00:57:26,560
Speaker 2: cutting the waste, fraud and abuse.

1174
00:57:26,600 --> 00:57:28,600
Speaker 4: That sounds great. That's all guesswork.

1175
00:57:28,760 --> 00:57:30,320
Speaker 2: What I can tell you is that what's being done

1176
00:57:30,360 --> 00:57:33,920
Speaker 2: is very damaging and creates massive risks of a giant

1177
00:57:33,960 --> 00:57:38,000
Speaker 2: bubble popping, of a redux of the financial crash that

1178
00:57:38,040 --> 00:57:38,760
Speaker 2: we had before.

1179
00:57:39,160 --> 00:57:40,520
Speaker 4: It is a smash and grab.

1180
00:57:40,880 --> 00:57:44,800
Speaker 2: It is a destruction of any force that could have

1181
00:57:44,800 --> 00:57:47,080
Speaker 2: been oppositional, not just to Elan, although that is his

1182
00:57:47,200 --> 00:57:50,800
Speaker 2: primary goal, but to the entire cast of billionaires, the

1183
00:57:50,800 --> 00:57:53,800
Speaker 2: ones you like and the ones you don't like as well.

1184
00:57:53,800 --> 00:57:57,320
Speaker 2: That's why that's what matters about what's happening right now.

1185
00:57:57,560 --> 00:57:59,440
Speaker 2: And you're right that it's being wrapped in these you know,

1186
00:57:59,480 --> 00:58:01,720
Speaker 2: things that are or popular. But that's why I want

1187
00:58:01,720 --> 00:58:06,160
Speaker 2: people to really understand the big goal here, which is

1188
00:58:06,200 --> 00:58:11,680
Speaker 2: not about you know, cutting some DEI program or condoms

1189
00:58:11,680 --> 00:58:15,360
Speaker 2: to whatever nation they're sending condoms to Jordan. That's the

1190
00:58:15,400 --> 00:58:21,480
Speaker 2: big ideological play is to destroy these regulatory agencies so

1191
00:58:21,520 --> 00:58:24,680
Speaker 2: that the masters of the universe, billionaire class can do

1192
00:58:24,760 --> 00:58:27,880
Speaker 2: whatever the hell they want to do. And the other

1193
00:58:27,920 --> 00:58:31,280
Speaker 2: thing I'll say is some of this it's very hard

1194
00:58:31,320 --> 00:58:33,960
Speaker 2: to put like even the destruction that's already been done,

1195
00:58:34,160 --> 00:58:38,400
Speaker 2: will be very hard to undo, even with these temporary

1196
00:58:38,440 --> 00:58:41,200
Speaker 2: restraining orders, and even if they do ultimately comply with

1197
00:58:41,240 --> 00:58:43,760
Speaker 2: the judges wishes and blah blah blah, even if Democrats

1198
00:58:43,840 --> 00:58:46,000
Speaker 2: win in four years from now or take the House,

1199
00:58:46,080 --> 00:58:49,680
Speaker 2: and not that that even really matters two years from now.

1200
00:58:50,560 --> 00:58:53,560
Speaker 2: Once you strip down and you're right about Clinton starting

1201
00:58:53,560 --> 00:58:57,080
Speaker 2: the privatization trend, once you strip down the capacity of government,

1202
00:58:57,120 --> 00:58:59,760
Speaker 2: it is very hard to build back up, and so

1203
00:59:00,120 --> 00:59:03,160
Speaker 2: destruction that is happening right now is going to have constant.

1204
00:59:02,840 --> 00:59:04,720
Speaker 3: I understand your argument now, which is that it's not

1205
00:59:04,760 --> 00:59:06,720
Speaker 3: about in the interm it's about in the future. And

1206
00:59:06,880 --> 00:59:09,080
Speaker 3: I don't even disagree. I've said from the beginning, I

1207
00:59:09,120 --> 00:59:11,400
Speaker 3: think the big risk is that the smash and grab,

1208
00:59:11,440 --> 00:59:14,920
Speaker 3: the move fast and break things can in government. It's

1209
00:59:14,960 --> 00:59:17,520
Speaker 3: not like in the It's not like an industry where

1210
00:59:17,720 --> 00:59:19,080
Speaker 3: you know, ultimately we were just talking about money.

1211
00:59:19,080 --> 00:59:20,920
Speaker 1: We're talking about peoples lives, talking about programs.

1212
00:59:21,040 --> 00:59:23,400
Speaker 3: If there is some massive bubble, You're absolutely right, they

1213
00:59:23,400 --> 00:59:26,240
Speaker 3: could get blown out and everybody will look back as

1214
00:59:26,240 --> 00:59:28,439
Speaker 3: they did. You know, nobody in two thousand and seven

1215
00:59:28,520 --> 00:59:30,600
Speaker 3: knew what Glass Steagle was by two thousand and nine,

1216
00:59:30,880 --> 00:59:32,440
Speaker 3: or when did the big short come out?

1217
00:59:32,480 --> 00:59:33,000
Speaker 1: I'm forgetting.

1218
00:59:33,000 --> 00:59:34,840
Speaker 3: And you know you have the famous scenes that Adam

1219
00:59:34,880 --> 00:59:38,400
Speaker 3: McKay has in there of people literally explaining these you

1220
00:59:38,440 --> 00:59:39,440
Speaker 3: know previously, what was it?

1221
00:59:39,560 --> 00:59:42,040
Speaker 1: CDOs and CEO square. I remember learning about.

1222
00:59:41,880 --> 00:59:44,840
Speaker 3: It too when I was in college, complex financial terminology

1223
00:59:44,840 --> 00:59:47,479
Speaker 3: that nobody outside of Wall Street had any business knowing.

1224
00:59:47,560 --> 00:59:50,120
Speaker 3: I totally will grant you that. I just I am

1225
00:59:50,160 --> 00:59:53,280
Speaker 3: trying to process it in the moment about how is

1226
00:59:53,320 --> 00:59:56,920
Speaker 3: it exactly that we got here and to what end

1227
00:59:57,120 --> 01:00:00,280
Speaker 3: this will be? And I think the risk also for

1228
01:00:00,360 --> 01:00:02,520
Speaker 3: a lot of the Democrats is you can have all

1229
01:00:02,560 --> 01:00:04,120
Speaker 3: this language about how it's going to be bad and

1230
01:00:04,200 --> 01:00:05,960
Speaker 3: all of this in the same way that they did

1231
01:00:06,000 --> 01:00:08,440
Speaker 3: from Trump in twenty seventeen, but if none of it

1232
01:00:08,520 --> 01:00:11,680
Speaker 3: ends up happening, then you actually will end up looking

1233
01:00:11,760 --> 01:00:14,840
Speaker 3: either alarmist or as if you didn't have any understanding

1234
01:00:14,880 --> 01:00:16,800
Speaker 3: of the public. I think that's a big reason why

1235
01:00:16,880 --> 01:00:20,440
Speaker 3: Russiagate and the interim like trump rehabilitation of his image

1236
01:00:20,560 --> 01:00:22,280
Speaker 3: came to be was people said, oh, this is going

1237
01:00:22,360 --> 01:00:24,160
Speaker 3: to be the end of the Republican We're like, wow,

1238
01:00:24,280 --> 01:00:27,680
Speaker 3: it wasn't so bad, right. Actually, maybe democratic norms and

1239
01:00:27,720 --> 01:00:29,720
Speaker 3: all of that rules is worse. That's why a lot

1240
01:00:29,720 --> 01:00:31,600
Speaker 3: of people ended up voting for him. So I do

1241
01:00:31,720 --> 01:00:33,880
Speaker 3: understand how the process argument you're making. I think I'm

1242
01:00:33,880 --> 01:00:36,480
Speaker 3: just trying to think politically and where what if the

1243
01:00:36,520 --> 01:00:40,400
Speaker 3: alternative happens, where they do cut medicare, cit apb SEC

1244
01:00:40,440 --> 01:00:41,960
Speaker 3: and all of that, and the S and P five

1245
01:00:42,040 --> 01:00:44,520
Speaker 3: hundred continues to grow by twenty percent for the next

1246
01:00:44,520 --> 01:00:47,800
Speaker 3: four years, there's no crash and there's no major international crisis.

1247
01:00:47,880 --> 01:00:51,160
Speaker 3: I mean je or Donald Trump junior, probably Trump Junior.

1248
01:00:51,160 --> 01:00:53,160
Speaker 3: And now I guess since talk about that a little

1249
01:00:53,160 --> 01:00:55,160
Speaker 3: bit later, it's going to be sailing to election. You know,

1250
01:00:55,200 --> 01:00:57,640
Speaker 3: he could It could be easy. It would be one

1251
01:00:57,680 --> 01:01:01,600
Speaker 3: of the easiest power grabs and successors in modern history.

1252
01:01:01,640 --> 01:01:05,080
Speaker 2: If things going on, it is gonna give me a panic, really, so.

1253
01:01:05,080 --> 01:01:06,520
Speaker 1: Maybe should come on the Vans train.

1254
01:01:07,880 --> 01:01:11,800
Speaker 3: At least you can think, right, Is that is that

1255
01:01:11,880 --> 01:01:13,280
Speaker 3: even something that Americans value?

1256
01:01:13,360 --> 01:01:15,320
Speaker 4: I guess point should be honest with you.

1257
01:01:15,360 --> 01:01:17,640
Speaker 2: I said this before, like, I'm just cheering for Trump

1258
01:01:17,680 --> 01:01:19,960
Speaker 2: to take back control of his own presidency. What do

1259
01:01:20,000 --> 01:01:23,120
Speaker 2: you make of him being so like deferential and cowed

1260
01:01:23,120 --> 01:01:24,320
Speaker 2: by this? Like what is going on?

1261
01:01:24,440 --> 01:01:28,160
Speaker 3: I think Trump is wowed by attention, uh, and he

1262
01:01:28,520 --> 01:01:31,880
Speaker 3: understands the power of like celebrity.

1263
01:01:31,400 --> 01:01:33,000
Speaker 1: And money more than anyone else.

1264
01:01:33,080 --> 01:01:35,520
Speaker 3: And the reason why he's deferential to Elon is I

1265
01:01:35,520 --> 01:01:38,440
Speaker 3: think he has gotten it into his head that this

1266
01:01:38,640 --> 01:01:42,600
Speaker 3: like control and this like Elon has almost a Steve

1267
01:01:42,680 --> 01:01:45,720
Speaker 3: jobs as quality of like the reality distortion field around

1268
01:01:45,880 --> 01:01:48,200
Speaker 3: him where he can turn whatever his pet issue is

1269
01:01:48,600 --> 01:01:51,240
Speaker 3: into a thing that people on Twitter and others are

1270
01:01:51,280 --> 01:01:53,960
Speaker 3: just mindlessly willing to turn it. I mean, Usa, I

1271
01:01:54,000 --> 01:01:56,760
Speaker 3: nobody gives a shit about usaid until Mike Benson Elon

1272
01:01:56,840 --> 01:01:58,720
Speaker 3: must start a tweeting about him, Like, let's be honest, right,

1273
01:01:58,800 --> 01:02:02,080
Speaker 3: nobody cared. Literally, I would single handedly give credit to

1274
01:02:02,120 --> 01:02:05,960
Speaker 3: Ben's and then to Elon for paying attention to it. Elon,

1275
01:02:06,240 --> 01:02:09,720
Speaker 3: I mean that whole UK thing. I covered that scandal

1276
01:02:09,760 --> 01:02:12,200
Speaker 3: at the time a decade ago. I thought everybody had

1277
01:02:12,240 --> 01:02:15,680
Speaker 3: moved on, and then he think over overnight is able

1278
01:02:15,720 --> 01:02:17,520
Speaker 3: to you know, create this thing.

1279
01:02:17,560 --> 01:02:20,880
Speaker 1: So Trump views that as an extremely powerful I don't

1280
01:02:20,880 --> 01:02:21,439
Speaker 1: think he's wrong.

1281
01:02:21,480 --> 01:02:23,480
Speaker 3: Actually, I think he might be right in terms of

1282
01:02:23,520 --> 01:02:28,000
Speaker 3: Elon's ability to just like completely on a dime, create

1283
01:02:28,120 --> 01:02:32,240
Speaker 3: narratives and really bring a lot of the elite billionaire

1284
01:02:32,240 --> 01:02:33,600
Speaker 3: class people who really look.

1285
01:02:33,560 --> 01:02:37,280
Speaker 2: Up to emails have given him that power exact way

1286
01:02:37,400 --> 01:02:40,080
Speaker 2: to be able to drive. I mean, that's when he says,

1287
01:02:40,080 --> 01:02:41,800
Speaker 2: like you are the media, That's what he means, Like

1288
01:02:41,880 --> 01:02:45,120
Speaker 2: he is able to He doesn't have to try to

1289
01:02:45,160 --> 01:02:48,880
Speaker 2: make it interesting for traditional news media to cover whatever

1290
01:02:48,920 --> 01:02:51,720
Speaker 2: his like pet project is that day. He can do

1291
01:02:51,840 --> 01:02:55,080
Speaker 2: that and pull the levers all himself. I don't know,

1292
01:02:55,320 --> 01:02:58,720
Speaker 2: I'm I just there's something weird going on with that

1293
01:02:58,840 --> 01:03:01,560
Speaker 2: relationship between el and Trump. I don't think it's just

1294
01:03:01,640 --> 01:03:05,400
Speaker 2: because even even you'll relate to this the spectrum of

1295
01:03:05,440 --> 01:03:06,720
Speaker 2: Elon in the Oval and.

1296
01:03:06,720 --> 01:03:07,640
Speaker 4: A T shirt.

1297
01:03:07,840 --> 01:03:10,280
Speaker 1: Oh yeah, listen, I'm hating it, trust me.

1298
01:03:10,320 --> 01:03:13,080
Speaker 2: I mean, I mean, and you know, Trump is more

1299
01:03:13,240 --> 01:03:16,520
Speaker 2: probably of a stickler for dress code than you are,

1300
01:03:16,720 --> 01:03:21,080
Speaker 2: famously okay, on the same level, on the same level,

1301
01:03:21,520 --> 01:03:24,280
Speaker 2: and so to see Elon there standing over him in

1302
01:03:24,320 --> 01:03:26,640
Speaker 2: a T shirt, I was like, whoa and we know

1303
01:03:26,680 --> 01:03:28,760
Speaker 2: that Trump has changed a bunch of his views to

1304
01:03:28,880 --> 01:03:32,080
Speaker 2: match Elon's project, you know, in the question of what

1305
01:03:32,160 --> 01:03:34,960
Speaker 2: was going to win out the like you know, national conservatism,

1306
01:03:35,160 --> 01:03:37,440
Speaker 2: right wing populism, whatever I want to call it, or

1307
01:03:37,520 --> 01:03:43,400
Speaker 2: the anarcho capitalism like Javier Malay crap, Javier, Like, it's

1308
01:03:43,440 --> 01:03:47,800
Speaker 2: pretty obvious which direction things have gone in. Even though

1309
01:03:47,840 --> 01:03:49,880
Speaker 2: that is and this comes back to, like, that is

1310
01:03:49,920 --> 01:03:52,240
Speaker 2: not how Trump positioned himself on the campaign trail.

1311
01:03:52,360 --> 01:03:55,240
Speaker 4: You know, we continue he was driving the dump.

1312
01:03:55,000 --> 01:03:59,840
Speaker 2: Truck and working at McDonald's and trying to get unions

1313
01:03:59,840 --> 01:04:01,600
Speaker 2: to endorse him or at least stay out of the

1314
01:04:01,640 --> 01:04:04,160
Speaker 2: race or whatever. Like, he was still positioning himself in

1315
01:04:04,280 --> 01:04:07,800
Speaker 2: that way versus this is Koch Brothers on steroids. This

1316
01:04:07,920 --> 01:04:10,640
Speaker 2: is Javier Malay on steroids. That is actually what he

1317
01:04:10,720 --> 01:04:13,800
Speaker 2: is now allowing to happen under his administration. So I

1318
01:04:13,840 --> 01:04:16,760
Speaker 2: don't know, I think there's something something else going on

1319
01:04:16,840 --> 01:04:17,640
Speaker 2: with this relationship.

1320
01:04:17,720 --> 01:04:18,440
Speaker 1: I don't know any one.

1321
01:04:18,560 --> 01:04:22,200
Speaker 3: You're right, I'm curious to see actually how it plays out,

1322
01:04:22,320 --> 01:04:24,840
Speaker 3: Like I said, watching for those elections and all of

1323
01:04:24,880 --> 01:04:27,720
Speaker 3: that stuff very very closely, just to see what how

1324
01:04:27,760 --> 01:04:30,560
Speaker 3: whether it matches elite Democratic cast.

1325
01:04:30,640 --> 01:04:34,520
Speaker 2: Well, here's the thing, and in Virginia they're gonna get

1326
01:04:34,560 --> 01:04:36,360
Speaker 2: crushed because you know how.

1327
01:04:36,280 --> 01:04:38,919
Speaker 1: Many crush to what you know, how many you know.

1328
01:04:38,880 --> 01:04:42,200
Speaker 2: How many federal government employees there are in Virginia. I mean,

1329
01:04:42,240 --> 01:04:44,320
Speaker 2: and I'm not just talking about northern Virginia, no, I know,

1330
01:04:44,440 --> 01:04:46,760
Speaker 2: like where I live, the whole town is, you know,

1331
01:04:47,320 --> 01:04:50,640
Speaker 2: civilian scientists. If you go down to Virginia Beach, I mean,

1332
01:04:50,680 --> 01:04:54,040
Speaker 2: these are the big population centers. Okay, Northern Virginia dominates, right,

1333
01:04:54,200 --> 01:04:57,360
Speaker 2: And it's not just federal government direct workers, the.

1334
01:04:57,320 --> 01:04:59,000
Speaker 4: Contractors there FBI.

1335
01:04:59,200 --> 01:05:00,160
Speaker 1: That's the whole.

1336
01:05:00,200 --> 01:05:02,160
Speaker 4: Ecosystem in uh you know.

1337
01:05:02,240 --> 01:05:05,520
Speaker 2: And then there's a lot of military bases Virginia Beach,

1338
01:05:05,960 --> 01:05:08,840
Speaker 2: massive number of government workers.

1339
01:05:08,360 --> 01:05:09,280
Speaker 1: There as well.

1340
01:05:09,280 --> 01:05:11,000
Speaker 4: That's Virginia Beach Norfolk, that's all.

1341
01:05:11,240 --> 01:05:13,560
Speaker 2: And then the other one is Richmond, which would be

1342
01:05:13,720 --> 01:05:16,720
Speaker 2: less you know, less dependent on federal government.

1343
01:05:16,880 --> 01:05:18,240
Speaker 4: They're going to get crushed in Virginia.

1344
01:05:18,480 --> 01:05:20,800
Speaker 3: All right, Well, let's see if they lose by fifteen

1345
01:05:20,960 --> 01:05:22,360
Speaker 3: is lose by if they lose by five.

1346
01:05:22,560 --> 01:05:25,120
Speaker 2: Actually, I'm actually just giving you a point that you

1347
01:05:25,160 --> 01:05:26,680
Speaker 2: can use at the time, which is that it may

1348
01:05:26,680 --> 01:05:27,960
Speaker 2: not be reflectible, but

1349
01:05:29,760 --> 01:05:31,120
Speaker 1: Good part I like it,