1 00:00:00,080 --> 00:00:01,599 Speaker 1: Hey guys, Saga and Crystal here. 2 00:00:01,680 --> 00:00:05,240 Speaker 2: Independent media just played a truly massive role in this election, 3 00:00:05,360 --> 00:00:07,840 Speaker 2: and we are so excited about what that means for 4 00:00:07,880 --> 00:00:08,720 Speaker 2: the future of the show. 5 00:00:08,880 --> 00:00:10,760 Speaker 1: This is the only place where you can find honest 6 00:00:10,760 --> 00:00:13,239 Speaker 1: perspectives from the left and the right that simply does 7 00:00:13,320 --> 00:00:14,640 Speaker 1: not exist anywhere else. 8 00:00:14,720 --> 00:00:17,080 Speaker 2: So if that is something that's important to you, please 9 00:00:17,120 --> 00:00:19,599 Speaker 2: go to Breakingpoints dot com. Become a member today and 10 00:00:19,640 --> 00:00:22,920 Speaker 2: you'll access to our full shows, unedited, ad free, and 11 00:00:23,040 --> 00:00:25,600 Speaker 2: all put together for you every morning in your inbox. 12 00:00:25,680 --> 00:00:27,560 Speaker 1: We need your help to build the future of independent 13 00:00:27,560 --> 00:00:29,920 Speaker 1: news media and we hope to see you at Breakingpoints 14 00:00:29,960 --> 00:00:30,840 Speaker 1: dot com. 15 00:00:30,880 --> 00:00:34,120 Speaker 2: Good morning, everybody, Welcome to Breaking Points. Emily, great to 16 00:00:34,120 --> 00:00:34,440 Speaker 2: see you. 17 00:00:35,080 --> 00:00:35,919 Speaker 3: Thanks for having me here. 18 00:00:35,960 --> 00:00:37,320 Speaker 4: Crystal, Yeah, of course. 19 00:00:37,360 --> 00:00:40,080 Speaker 2: I mean it is your like a whole part of 20 00:00:40,120 --> 00:00:42,040 Speaker 2: the thing now, so I don't really have to welcome you, 21 00:00:42,080 --> 00:00:45,480 Speaker 2: and you're just you know, you're fully integrated at this point. 22 00:00:45,960 --> 00:00:48,920 Speaker 3: We've been doing so many fun host mix ups lately 23 00:00:48,960 --> 00:00:51,559 Speaker 3: though it's been a lot of like, it's been really 24 00:00:51,600 --> 00:00:52,400 Speaker 3: interesting and fun. 25 00:00:52,960 --> 00:00:55,600 Speaker 2: Yeah, but I think people are enjoying the different dynamics. 26 00:00:55,600 --> 00:00:58,640 Speaker 2: I'm enjoying the different dynamics, so you know, the audience 27 00:00:58,640 --> 00:01:01,800 Speaker 2: has been asking for different nomination, so we've been delivering 28 00:01:02,120 --> 00:01:05,200 Speaker 2: both intentionally and also through just life events, making it 29 00:01:05,280 --> 00:01:06,839 Speaker 2: so that we need to swap days around. 30 00:01:07,200 --> 00:01:09,920 Speaker 3: So we know we're not the Bro Show, but we 31 00:01:09,959 --> 00:01:11,880 Speaker 3: can try to compete. We'll try our best. 32 00:01:12,080 --> 00:01:14,200 Speaker 2: Tell the story about the guy that you met who 33 00:01:14,240 --> 00:01:15,479 Speaker 2: was like even the Lady Show. 34 00:01:16,440 --> 00:01:18,679 Speaker 3: Yeah, so shout out if if you're listening, but I 35 00:01:18,720 --> 00:01:21,920 Speaker 3: met a guy the other day who said love Counterpoint, 36 00:01:22,120 --> 00:01:25,360 Speaker 3: love Crystal, love, Sager, love Ryan, I even love the 37 00:01:25,400 --> 00:01:26,040 Speaker 3: Girls Show. 38 00:01:28,640 --> 00:01:30,760 Speaker 4: They even love the Girls Show. Thank you. 39 00:01:30,800 --> 00:01:33,440 Speaker 2: Shout out to that guy. A bunch of stuff to 40 00:01:33,440 --> 00:01:36,000 Speaker 2: get into before I forget. If you guys are still 41 00:01:36,000 --> 00:01:39,240 Speaker 2: having challenges with Spotify, just make sure you're checking your email. 42 00:01:39,319 --> 00:01:42,280 Speaker 2: Premium subscribers, you should have instructions. We're going to continue 43 00:01:42,280 --> 00:01:44,039 Speaker 2: to send those out and make sure everybody's good. If 44 00:01:44,080 --> 00:01:46,240 Speaker 2: you're having issues, just send us an email. We'll try 45 00:01:46,240 --> 00:01:48,320 Speaker 2: to get it worked out for you. Okay, So we've 46 00:01:48,360 --> 00:01:51,360 Speaker 2: got updates on the trade war Chargery Secretary Scott Besson 47 00:01:51,480 --> 00:01:54,160 Speaker 2: out making some interesting comments. He's not too worried about 48 00:01:54,400 --> 00:01:57,040 Speaker 2: empty shelves out there yet, so we'll get into all 49 00:01:57,120 --> 00:02:02,160 Speaker 2: of that. Also, people noticing timu arging. Now an import charge. 50 00:02:02,520 --> 00:02:04,840 Speaker 2: So whatever your basket is, where your card is, when 51 00:02:04,880 --> 00:02:08,200 Speaker 2: you go to check out, it's more than doubled because 52 00:02:08,320 --> 00:02:11,560 Speaker 2: of the import charges. So a lot of fallout beginning there. 53 00:02:11,680 --> 00:02:15,920 Speaker 2: We've also got results out of Canada, Liberals mounting an 54 00:02:15,919 --> 00:02:19,360 Speaker 2: extraordinary comeback, and really it does have almost everything to 55 00:02:19,400 --> 00:02:21,959 Speaker 2: do with Trump, with the trade war, with the fifty 56 00:02:21,960 --> 00:02:24,480 Speaker 2: first state talk, so break that down for you. We've 57 00:02:24,480 --> 00:02:27,920 Speaker 2: got updates from Israel and also from Brooklyn. We've got 58 00:02:28,000 --> 00:02:31,840 Speaker 2: Ben Smith on he had Emily this fantastic scoop about 59 00:02:31,840 --> 00:02:34,680 Speaker 2: these right wing group chats, which I suspect. I mean, 60 00:02:34,720 --> 00:02:36,480 Speaker 2: you must have been at least aware that these things 61 00:02:36,480 --> 00:02:38,680 Speaker 2: were going on. I won't ask you to reveal whether 62 00:02:38,720 --> 00:02:41,120 Speaker 2: you were inside of any of these, but some of 63 00:02:41,160 --> 00:02:43,359 Speaker 2: the dynamics in there turn out to be really interesting. 64 00:02:43,919 --> 00:02:46,480 Speaker 3: No, Chris, I was like partially offended that I did 65 00:02:46,520 --> 00:02:48,240 Speaker 3: not know about this. I mean, I do know that 66 00:02:48,400 --> 00:02:50,840 Speaker 3: really on the right. Yeah, No, but I was partially like, 67 00:02:50,880 --> 00:02:52,760 Speaker 3: I'm glad they're not if the fact that they're not 68 00:02:52,800 --> 00:02:55,600 Speaker 3: adding me tells me that they don't want the journalists 69 00:02:55,600 --> 00:03:00,000 Speaker 3: who somewhat fare in their chat. But they like the 70 00:03:00,080 --> 00:03:01,920 Speaker 3: right love signal, there's no question about it, Like I'm 71 00:03:01,960 --> 00:03:04,240 Speaker 3: in a bunch of signal chats, but nothing like with 72 00:03:04,760 --> 00:03:06,840 Speaker 3: I had no idea, truly had no idea. 73 00:03:06,960 --> 00:03:09,800 Speaker 2: All right, So that's interesting. There's an incredible screenshot that 74 00:03:09,840 --> 00:03:11,880 Speaker 2: came out of that one with like David Sachs throwing 75 00:03:11,880 --> 00:03:14,359 Speaker 2: fit leaving the chat, Tucker leaves the chat, a winkle 76 00:03:14,400 --> 00:03:15,680 Speaker 2: by Twin leaves the chat. 77 00:03:15,720 --> 00:03:16,040 Speaker 4: Whatever. 78 00:03:16,160 --> 00:03:19,760 Speaker 2: So apparently these things were really influential and forging some 79 00:03:19,800 --> 00:03:23,960 Speaker 2: of the alliances between you know, the MAGA types and 80 00:03:24,040 --> 00:03:27,440 Speaker 2: the tech right and some of the heterodox type quote 81 00:03:27,480 --> 00:03:30,600 Speaker 2: unquote independent thinkers out there. So a lot to get 82 00:03:30,600 --> 00:03:33,480 Speaker 2: into with Ben Smith, and we also are going to 83 00:03:33,480 --> 00:03:36,360 Speaker 2: touch on this drama that's unfolding. At sixty minutes, their 84 00:03:36,400 --> 00:03:39,280 Speaker 2: long time executive producer left and said, listen, I don't 85 00:03:39,320 --> 00:03:41,960 Speaker 2: feel like I can be independent anymore. And this had 86 00:03:42,000 --> 00:03:45,720 Speaker 2: to do with two things. One was some really actually 87 00:03:45,800 --> 00:03:48,240 Speaker 2: quite strong a little belated, but quite strong reporting with 88 00:03:48,280 --> 00:03:51,360 Speaker 2: regard to Israel and Gaza and all of their Trump 89 00:03:51,440 --> 00:03:54,240 Speaker 2: coverage was coming under increasing scrutiny, so he felt like 90 00:03:54,280 --> 00:03:57,640 Speaker 2: he had to leave the Scott Pellier at sixty minutes 91 00:03:57,720 --> 00:04:01,480 Speaker 2: gave a monologue, you know, really calling out parent company Paramount. 92 00:04:01,760 --> 00:04:03,839 Speaker 2: So some very interesting dynamics they are going to see. 93 00:04:03,920 --> 00:04:05,680 Speaker 2: Ben Smith can stick around to weigh in on that 94 00:04:05,720 --> 00:04:07,920 Speaker 2: because he is such a great lens on the media. 95 00:04:08,000 --> 00:04:09,720 Speaker 2: So a lot of interesting things in the show this morning. 96 00:04:10,520 --> 00:04:14,800 Speaker 3: Yeah, Chrystal, we should start with Scott Besson talking about 97 00:04:14,920 --> 00:04:17,440 Speaker 3: the shelves, because that's what's on everybody's mind. 98 00:04:17,680 --> 00:04:20,040 Speaker 5: You get the best reviews of anyone in the administration 99 00:04:20,120 --> 00:04:21,000 Speaker 5: outside the President. 100 00:04:21,400 --> 00:04:25,800 Speaker 4: Your thoughts about the US China stand off right now? 101 00:04:25,839 --> 00:04:28,560 Speaker 6: Well, Brian, first of all, it's all the president, especially 102 00:04:28,640 --> 00:04:33,120 Speaker 6: on the eighteen important trading partners. We're doing bespoke deals, 103 00:04:33,200 --> 00:04:36,760 Speaker 6: and he's going to be intimately evolved in every one. 104 00:04:36,920 --> 00:04:39,880 Speaker 6: Two weeks ago when we had the Japanese delegation come in, 105 00:04:40,240 --> 00:04:43,800 Speaker 6: he started it in the Oval and then we took 106 00:04:43,839 --> 00:04:47,320 Speaker 6: them into the negotiating room, so he laid the groundwork, 107 00:04:47,680 --> 00:04:50,840 Speaker 6: told them personally how important the relationship was, but also 108 00:04:51,000 --> 00:04:54,120 Speaker 6: how important a fair deal for the American people is. 109 00:04:55,360 --> 00:04:59,040 Speaker 5: Currently right now, when you are you worried about empty 110 00:04:59,080 --> 00:05:01,719 Speaker 5: shelves because they say that a lot of these the 111 00:05:01,760 --> 00:05:04,200 Speaker 5: supply lines and the cargo ships are being held up. 112 00:05:04,200 --> 00:05:05,839 Speaker 7: A lot of people are saying, turn it around with 113 00:05:05,880 --> 00:05:08,080 Speaker 7: the taps is high, I don't want the product. 114 00:05:08,160 --> 00:05:10,680 Speaker 4: Are you worried about empty shelves? 115 00:05:10,720 --> 00:05:14,200 Speaker 6: Not at present. We have some great retailers. I assume 116 00:05:14,200 --> 00:05:17,200 Speaker 6: they pre ordered. I think we'll see some elasticities and 117 00:05:17,200 --> 00:05:20,800 Speaker 6: I think we'll see replacements, and then we will see 118 00:05:21,400 --> 00:05:24,279 Speaker 6: how quickly the Chinese want to de escalate. 119 00:05:25,000 --> 00:05:29,719 Speaker 3: Well, the word bespoke was an interesting choice in that context. Crystal, 120 00:05:29,800 --> 00:05:30,440 Speaker 3: look the books. 121 00:05:31,400 --> 00:05:33,479 Speaker 2: Yeah, you know, don't worry you to throw the next 122 00:05:33,480 --> 00:05:35,360 Speaker 2: element because I think some of the dynamics here are 123 00:05:35,360 --> 00:05:38,760 Speaker 2: of money. So you know, liberals talk about sain washing Trump, 124 00:05:39,839 --> 00:05:43,400 Speaker 2: and I think Scott Bessant is like the ultimate sain washer. 125 00:05:43,200 --> 00:05:44,599 Speaker 4: Of Trump's tariff strategy. 126 00:05:44,880 --> 00:05:48,480 Speaker 2: And warning to everyone because Howard Lutnik is apparently going 127 00:05:48,520 --> 00:05:50,960 Speaker 2: to be on CNBC today and they've done analyzes that 128 00:05:51,000 --> 00:05:53,200 Speaker 2: have found that like when Bestin's out there, the markets 129 00:05:53,240 --> 00:05:55,520 Speaker 2: are relatively calm. When you get a Navarro, when you 130 00:05:55,560 --> 00:05:58,400 Speaker 2: get a Lutnik, it goes a little haywire. So in 131 00:05:58,440 --> 00:06:01,599 Speaker 2: any case, you know Bestent out there being like, I'm 132 00:06:01,600 --> 00:06:02,440 Speaker 2: not worried about. 133 00:06:02,200 --> 00:06:03,120 Speaker 4: The empty shelves. 134 00:06:03,480 --> 00:06:05,479 Speaker 2: Think Americans are going to be worried about empty shelves 135 00:06:05,480 --> 00:06:07,760 Speaker 2: if they do show up, which looks increasingly likely. And 136 00:06:07,800 --> 00:06:09,359 Speaker 2: we've got here up on the screen. This is the 137 00:06:09,400 --> 00:06:14,200 Speaker 2: TMU portion, And yesterday we covered Shean has hiked their 138 00:06:14,240 --> 00:06:16,679 Speaker 2: prices up to like three hundred and seventy five percent 139 00:06:16,760 --> 00:06:17,799 Speaker 2: on certain items. 140 00:06:18,040 --> 00:06:19,400 Speaker 4: Here you can see all right. 141 00:06:19,520 --> 00:06:22,320 Speaker 2: You know, I've got an item subtotal of sixty three 142 00:06:22,320 --> 00:06:25,200 Speaker 2: dollars and sixty six cents. Shipping is free, sales tax 143 00:06:25,240 --> 00:06:29,200 Speaker 2: is three dollars seventy seven cents, Import charges eighty nine 144 00:06:29,320 --> 00:06:31,600 Speaker 2: forty six. So that's the one hundred and forty five 145 00:06:31,600 --> 00:06:35,000 Speaker 2: percent tariff, so larger than the you know, cost of 146 00:06:35,040 --> 00:06:37,520 Speaker 2: all of the goods put together for a total of 147 00:06:37,520 --> 00:06:39,479 Speaker 2: one hundred and fifty six dollars. So instead of paying 148 00:06:39,520 --> 00:06:42,760 Speaker 2: sixty sixty three dollars, people are paying one hundred and 149 00:06:42,760 --> 00:06:45,320 Speaker 2: fifty six and TIMU making sure Emily that they know 150 00:06:45,960 --> 00:06:47,760 Speaker 2: where that charge is coming from. 151 00:06:48,240 --> 00:06:51,560 Speaker 3: Right, And you know, I mean, what's what's even more important? 152 00:06:51,640 --> 00:06:53,560 Speaker 3: I think by our standards. I mean we're talking about 153 00:06:53,600 --> 00:06:56,240 Speaker 3: the digital shelves here here, but when people start going 154 00:06:56,279 --> 00:07:02,080 Speaker 3: to Walmart, Target, grocery stores and even you know, clothing 155 00:07:02,160 --> 00:07:05,560 Speaker 3: retailers that you're sort of walking through looking for things 156 00:07:05,600 --> 00:07:07,680 Speaker 3: like an old navy. That's where things are going to 157 00:07:07,680 --> 00:07:11,640 Speaker 3: get particularly interesting because you know, like Timu and she 158 00:07:11,800 --> 00:07:14,320 Speaker 3: and are extremely popular, no question about it. I think 159 00:07:14,360 --> 00:07:16,720 Speaker 3: most Americans would probably say at the end of the day, 160 00:07:17,560 --> 00:07:21,640 Speaker 3: they're not like essential to their life. 161 00:07:21,880 --> 00:07:24,920 Speaker 2: I'm I don't know, I'm not sure about that because 162 00:07:25,000 --> 00:07:27,560 Speaker 2: I think people have become accustomed to, you know, the 163 00:07:28,120 --> 00:07:29,960 Speaker 2: things you can get on timuon she and are just 164 00:07:30,160 --> 00:07:34,360 Speaker 2: remarkably inexpensive. And a friend of mine was also pointing 165 00:07:34,400 --> 00:07:37,720 Speaker 2: out that some retailers actually, because the cost of goods 166 00:07:37,720 --> 00:07:40,840 Speaker 2: from timuon she and are so cheap, they will actually 167 00:07:40,840 --> 00:07:44,200 Speaker 2: buy from you know, almost wholesale from them and then 168 00:07:44,680 --> 00:07:47,840 Speaker 2: resell in stores as well. So it's not just the 169 00:07:48,240 --> 00:07:52,640 Speaker 2: online experience. It's also going to relate to those shelves 170 00:07:52,640 --> 00:07:56,040 Speaker 2: in Walmart and home Depot and other places as well. 171 00:07:56,440 --> 00:07:59,440 Speaker 2: So in any case, you know, the fallow in the 172 00:07:59,440 --> 00:08:01,800 Speaker 2: beginning we've been covering, of course, all of the port 173 00:08:01,800 --> 00:08:06,240 Speaker 2: traffic decline. You know, we're getting to probably early May, 174 00:08:06,320 --> 00:08:09,480 Speaker 2: middle of May when you really will start to see, okay, 175 00:08:09,600 --> 00:08:11,920 Speaker 2: all of the shipping that shut down when these terrafs 176 00:08:11,960 --> 00:08:13,840 Speaker 2: were put into place, that's when it's really going to 177 00:08:13,920 --> 00:08:16,400 Speaker 2: start to bite. And what Besson says there is not 178 00:08:16,520 --> 00:08:20,400 Speaker 2: wrong that because there had been some level of tariff 179 00:08:20,400 --> 00:08:24,520 Speaker 2: had been anticipated, so especially larger retailers that could afford it, 180 00:08:24,880 --> 00:08:27,600 Speaker 2: did a lot of advance ordering so that they could 181 00:08:27,640 --> 00:08:30,280 Speaker 2: have more in their warehouses to be able to you know, 182 00:08:30,400 --> 00:08:32,840 Speaker 2: lock in a lower price and be able to be 183 00:08:32,920 --> 00:08:36,400 Speaker 2: more flexible and adjust when the terraffs actually came into place. 184 00:08:36,520 --> 00:08:38,920 Speaker 2: Of course, no one expected the particular tariff regiam that 185 00:08:38,960 --> 00:08:41,719 Speaker 2: we ended up with, but they may have some flexibility 186 00:08:41,880 --> 00:08:43,960 Speaker 2: in the early days. And that's what Besson was basically 187 00:08:44,040 --> 00:08:46,120 Speaker 2: saying of like, oh, I trust our great retailers. They're 188 00:08:46,160 --> 00:08:48,360 Speaker 2: going to be fine because they you know, probably prepared 189 00:08:48,360 --> 00:08:50,360 Speaker 2: in advance. And I do think that there will probably 190 00:08:50,400 --> 00:08:53,320 Speaker 2: be some of that that will help to at least 191 00:08:53,400 --> 00:08:56,120 Speaker 2: push the shock off into somewhat into the future. And 192 00:08:56,160 --> 00:08:58,640 Speaker 2: we'll see what happens with the terrafs between now and then. 193 00:08:58,760 --> 00:09:01,840 Speaker 2: But you know, increasing I saw Ray Dalio saying this yesterday. 194 00:09:01,840 --> 00:09:04,800 Speaker 2: We've got Jamie Diamond out now saying even if there 195 00:09:04,840 --> 00:09:07,960 Speaker 2: was a full like pullback at this point, it's really 196 00:09:08,040 --> 00:09:10,560 Speaker 2: kind of too late to undo a lot of the 197 00:09:10,640 --> 00:09:13,760 Speaker 2: damage that's been done, which I think also relates actually 198 00:09:13,760 --> 00:09:15,480 Speaker 2: to the Canada block that we're going to do and 199 00:09:15,520 --> 00:09:17,440 Speaker 2: the way that Carney is talking about this kind of 200 00:09:17,440 --> 00:09:21,839 Speaker 2: irrevocable break in the relationship with the US. We can 201 00:09:21,880 --> 00:09:24,240 Speaker 2: put a three B up on the screen here, Jamie 202 00:09:24,240 --> 00:09:26,839 Speaker 2: Diamond hang in and saying basically, like a recession is 203 00:09:26,920 --> 00:09:28,600 Speaker 2: kind of the best we can hope for at this point, 204 00:09:28,800 --> 00:09:30,559 Speaker 2: he said. He was addressing the crowd. He said he 205 00:09:30,600 --> 00:09:34,240 Speaker 2: believes the best case outcome from the trade war would 206 00:09:34,280 --> 00:09:38,320 Speaker 2: be a mild recession for the US economy, So that's 207 00:09:38,320 --> 00:09:41,400 Speaker 2: what he's saying is the best case scenario. Ray Dalio 208 00:09:41,559 --> 00:09:44,280 Speaker 2: also sounding a pretty big warning. He put out something 209 00:09:44,320 --> 00:09:47,680 Speaker 2: on Twitter yesterday saying basically, it's already too late. We're 210 00:09:47,720 --> 00:09:51,319 Speaker 2: going to have this massive realignment and here from here 211 00:09:51,360 --> 00:09:53,839 Speaker 2: on ounce is just a question of whether that realignment 212 00:09:53,880 --> 00:09:56,520 Speaker 2: is going to be executed with greater or less care. 213 00:09:56,640 --> 00:09:59,080 Speaker 2: And I think we all can guess which direction we're 214 00:09:59,080 --> 00:10:00,760 Speaker 2: going to be going in don the moves of this 215 00:10:00,840 --> 00:10:01,760 Speaker 2: administration that's. 216 00:10:01,679 --> 00:10:08,000 Speaker 3: Far well, we're clearly going in a bespoke direction. Crystal, Yeah, exact, lessant, No, 217 00:10:08,160 --> 00:10:11,280 Speaker 3: I mean, I do think that's the most important connecting 218 00:10:11,320 --> 00:10:14,040 Speaker 3: it to the carniblock. I mean, he's basically saying we'll 219 00:10:14,040 --> 00:10:16,120 Speaker 3: get to this in just a moment, that this was 220 00:10:16,160 --> 00:10:18,640 Speaker 3: all about the United States, that this is a permanent 221 00:10:18,760 --> 00:10:21,920 Speaker 3: turning point for Canada, and he's not alone and thinking 222 00:10:21,920 --> 00:10:24,200 Speaker 3: that the rest of the world thinks it. So the 223 00:10:24,280 --> 00:10:27,199 Speaker 3: question now isn't whether everything has changed and whether it's 224 00:10:27,240 --> 00:10:29,320 Speaker 3: too late, though I think it's helpful to hear that 225 00:10:29,360 --> 00:10:32,000 Speaker 3: sort of from the mouth of Raydalio and Jamie Diamond. 226 00:10:32,559 --> 00:10:36,320 Speaker 3: But basically, like, can the plane be landed in a way, 227 00:10:36,480 --> 00:10:38,880 Speaker 3: you know, the optimist would say, in a way that's 228 00:10:38,880 --> 00:10:42,240 Speaker 3: even better than before. But to the Diamond point, can 229 00:10:42,240 --> 00:10:44,600 Speaker 3: the plane be landed in a way that is as 230 00:10:44,640 --> 00:10:48,600 Speaker 3: manageable as possible for most Americans? And if the best 231 00:10:48,640 --> 00:10:52,080 Speaker 3: case scenario is a mild recession, they're going to have 232 00:10:52,160 --> 00:10:54,720 Speaker 3: to hope that, you know, well, hope is the wrong word. 233 00:10:54,760 --> 00:10:57,319 Speaker 3: They're going to have to pray that the benefits that 234 00:10:57,480 --> 00:11:01,640 Speaker 3: come out of this realignment that they have orchestrated and 235 00:11:02,320 --> 00:11:06,280 Speaker 3: been the architects of are felt by Americans to offset 236 00:11:06,320 --> 00:11:09,680 Speaker 3: the political costs of a recession, let alone the substance 237 00:11:09,720 --> 00:11:12,199 Speaker 3: of costs of people's lifestyles and pocketbooks. 238 00:11:12,520 --> 00:11:15,240 Speaker 2: Yeah, and I mean for me, it's just not clear 239 00:11:15,280 --> 00:11:17,640 Speaker 2: to me what those benefits even are. You know, I know, 240 00:11:17,800 --> 00:11:22,319 Speaker 2: think various things that have been floated. You know, in 241 00:11:22,360 --> 00:11:26,080 Speaker 2: my estimation, we're going the opposite direction of all of 242 00:11:26,120 --> 00:11:29,800 Speaker 2: the you know, the manufacturing, the rebirth of manufacturing in America. 243 00:11:29,880 --> 00:11:32,600 Speaker 2: We're going backwards certainly on that metric. You know, the 244 00:11:32,679 --> 00:11:35,960 Speaker 2: Treasury yields that that hasn't worked out the way that 245 00:11:36,000 --> 00:11:39,800 Speaker 2: they thought. So you know, the amount of revenue we're 246 00:11:39,800 --> 00:11:43,000 Speaker 2: bringing in from these tariffs is absolutely trivial at this point. 247 00:11:43,080 --> 00:11:45,240 Speaker 2: You know, Trump is out there making these wild claims about, oh, 248 00:11:45,240 --> 00:11:47,440 Speaker 2: We're going to replace the income tax with the tariff rapid. 249 00:11:47,520 --> 00:11:51,280 Speaker 2: I mean, it's just like ludicrous, utterly ludicrous thing to 250 00:11:51,360 --> 00:11:54,480 Speaker 2: say or to claim. So, I mean that's always been 251 00:11:54,480 --> 00:11:58,120 Speaker 2: the piece from the beginning. Is I just short term 252 00:11:58,200 --> 00:12:02,000 Speaker 2: pain for long term pain? Is what it appears the 253 00:12:02,360 --> 00:12:04,240 Speaker 2: track that we're on as far as I can tell 254 00:12:04,320 --> 00:12:06,960 Speaker 2: at this point. And we can already see, you know, 255 00:12:07,080 --> 00:12:09,680 Speaker 2: some sectors being really hard hit. We can put this 256 00:12:09,800 --> 00:12:12,400 Speaker 2: up on the screen, so we already have what appears 257 00:12:12,400 --> 00:12:17,160 Speaker 2: to be CNBC's describing as a full blown crisis for farms. 258 00:12:17,720 --> 00:12:21,160 Speaker 2: And you know the headline here, US agriculture isn't nearing 259 00:12:21,200 --> 00:12:23,480 Speaker 2: a trade war tear crisis. It's in a full blown 260 00:12:23,520 --> 00:12:27,520 Speaker 2: crisis already. Farmers say, I've been following the numbers around. 261 00:12:28,280 --> 00:12:31,959 Speaker 2: China has been canceling huge amounts of orders of pork. 262 00:12:33,040 --> 00:12:37,800 Speaker 2: You know, things like our agricultural sector had already taken 263 00:12:37,840 --> 00:12:41,439 Speaker 2: a hit visa VI China from previous trade war actions, 264 00:12:41,440 --> 00:12:44,760 Speaker 2: and in Trump's first term they orchestrated effectively like an 265 00:12:44,800 --> 00:12:48,000 Speaker 2: ag bailout. There's some talk of that now as well, 266 00:12:48,040 --> 00:12:51,720 Speaker 2: because this is you know, it's a constituency that votes 267 00:12:51,760 --> 00:12:55,760 Speaker 2: overwhelmingly for Trump, so he feels favorable to them. Much 268 00:12:55,800 --> 00:12:58,839 Speaker 2: of agriculture at this point is big business. So those 269 00:12:58,840 --> 00:13:01,240 Speaker 2: are the type of people as well who can get 270 00:13:01,240 --> 00:13:04,040 Speaker 2: their mar A Lago dinner or get a call from 271 00:13:04,080 --> 00:13:06,720 Speaker 2: the White House, or you know, throw some money at 272 00:13:06,760 --> 00:13:09,920 Speaker 2: the inauguration. I know there was like a Chicken company 273 00:13:10,000 --> 00:13:13,320 Speaker 2: that had given like five million dollars his inauguration, that 274 00:13:13,400 --> 00:13:16,079 Speaker 2: was getting some perks, et cetera. So you know, I 275 00:13:16,120 --> 00:13:18,120 Speaker 2: wouldn't be surprised if this is one group that gets 276 00:13:18,120 --> 00:13:19,160 Speaker 2: another bail out. 277 00:13:19,520 --> 00:13:21,600 Speaker 3: Well, yeah, no, I think that's probably right, and this 278 00:13:21,679 --> 00:13:24,920 Speaker 3: is why American farming is permanently in a state of crisis. 279 00:13:24,920 --> 00:13:27,760 Speaker 3: The CNBC headline makes me grin a little bit because it's, 280 00:13:27,840 --> 00:13:30,040 Speaker 3: you know, the tariffs are throwing it further into a 281 00:13:30,080 --> 00:13:33,800 Speaker 3: state of crisis. But American farming has been thrust into 282 00:13:33,600 --> 00:13:37,080 Speaker 3: for decades and that's part of why farmers. You go 283 00:13:37,120 --> 00:13:40,800 Speaker 3: back and watch interviews that places like INBC did with 284 00:13:40,800 --> 00:13:43,400 Speaker 3: with farmers earlier in Trump's term, and there was like 285 00:13:43,440 --> 00:13:47,960 Speaker 3: this this interesting optimism people would you know, reporters would 286 00:13:47,960 --> 00:13:50,880 Speaker 3: come in from New York and DC with their microphones 287 00:13:50,920 --> 00:13:53,200 Speaker 3: and cameras would be like, well, aren't you furious, And 288 00:13:53,240 --> 00:13:56,200 Speaker 3: the farmers would say, no, we think some of this 289 00:13:56,320 --> 00:13:59,360 Speaker 3: needs to happen. They're probably also felt confident that they 290 00:13:59,360 --> 00:14:02,800 Speaker 3: would eventually get a bailout. But Crystal, we're what almost 291 00:14:02,840 --> 00:14:07,720 Speaker 3: ten years into this now, and they're probably I shouldn't 292 00:14:07,720 --> 00:14:10,480 Speaker 3: say probably. Their patience is obviously wearing thin for some 293 00:14:10,640 --> 00:14:14,920 Speaker 3: type of structural solution to the problems in agriculture and 294 00:14:14,920 --> 00:14:17,679 Speaker 3: that's just not coming. I mean, the administration definitely doesn't 295 00:14:17,720 --> 00:14:18,560 Speaker 3: have a solution to that. 296 00:14:19,160 --> 00:14:20,400 Speaker 4: Yeah, no, doubt about it. 297 00:14:20,440 --> 00:14:23,360 Speaker 2: And you know there's a big monopoly element there as well, 298 00:14:23,400 --> 00:14:26,040 Speaker 2: and it's just you know, increasingly impossible to make it 299 00:14:26,080 --> 00:14:29,160 Speaker 2: as like a small time family farmer. It's these giant 300 00:14:29,200 --> 00:14:34,160 Speaker 2: agra business growers that dominate all of those markets. The 301 00:14:34,240 --> 00:14:37,720 Speaker 2: last piece we have here is the Dallas Fed sury 302 00:14:37,960 --> 00:14:41,400 Speaker 2: survey came out and Joe Wisenthal tweeting about this. Apparently 303 00:14:41,440 --> 00:14:44,720 Speaker 2: the numbers were pretty dire, getting to the point of, like, 304 00:14:45,040 --> 00:14:48,240 Speaker 2: you know, this is supposed to be improving the landscape 305 00:14:48,280 --> 00:14:52,360 Speaker 2: for manufacturing and instead the manufacturing survey from the Dallas 306 00:14:52,360 --> 00:14:55,720 Speaker 2: Fed the levels hit the lowest since May of twenty twenty. That, 307 00:14:55,840 --> 00:14:58,400 Speaker 2: of course, during COVID all the comments are about tariffs 308 00:14:58,400 --> 00:15:01,920 Speaker 2: and policy uncertainty added to the list of bad soft 309 00:15:02,000 --> 00:15:05,960 Speaker 2: survey data, and that gets to the point of, you know, 310 00:15:06,000 --> 00:15:08,240 Speaker 2: we're sort of in this period of suspended animation. The 311 00:15:08,280 --> 00:15:11,440 Speaker 2: tariffs have been you know, have been put into place, 312 00:15:11,920 --> 00:15:16,040 Speaker 2: but we have not really fully seen in the big 313 00:15:16,400 --> 00:15:21,080 Speaker 2: meta data, the the you know, macro economic data, what 314 00:15:21,200 --> 00:15:24,360 Speaker 2: the fallout of that is going to be. Retailers are 315 00:15:24,400 --> 00:15:26,960 Speaker 2: warning about empty shells. We're not seeing empty shells yet. 316 00:15:27,080 --> 00:15:29,440 Speaker 2: We're just starting to get these indications from Timu and 317 00:15:29,440 --> 00:15:31,040 Speaker 2: she and of the way that prices are going up 318 00:15:31,080 --> 00:15:34,360 Speaker 2: Amazon as well. Amazon sellers are hiking prices as well. 319 00:15:34,800 --> 00:15:39,160 Speaker 2: So you know, we're we're in this moment before kind 320 00:15:39,160 --> 00:15:41,880 Speaker 2: of the calm before the storm, and maybe it won't 321 00:15:41,920 --> 00:15:44,440 Speaker 2: be as you know, maybe it won't be as significant 322 00:15:44,560 --> 00:15:46,720 Speaker 2: as a lot of the numbers seem to indicate right now. 323 00:15:46,760 --> 00:15:48,640 Speaker 2: But I don't think there's any doubt we're in for 324 00:15:48,720 --> 00:15:53,360 Speaker 2: some some pain here coming up, as those shipments from 325 00:15:53,440 --> 00:15:58,400 Speaker 2: China that would have arrived do not arrive, and retailers 326 00:15:58,480 --> 00:16:01,840 Speaker 2: draw down on their stock and we see these reverberating 327 00:16:01,880 --> 00:16:05,560 Speaker 2: impacts of layoffs and just the logistics sector alone. I 328 00:16:05,560 --> 00:16:08,880 Speaker 2: mean you're talking about port workers. I saw the longshoreman 329 00:16:09,000 --> 00:16:11,480 Speaker 2: put out a statement, you know, really declining the terrorist 330 00:16:11,520 --> 00:16:15,520 Speaker 2: and impact on them and their workforce, the trucking industry, 331 00:16:15,560 --> 00:16:19,320 Speaker 2: which is incredibly important, especially for non college educated men, 332 00:16:19,400 --> 00:16:23,160 Speaker 2: which is another demographic that has been really supportive of Trump. 333 00:16:23,520 --> 00:16:25,120 Speaker 2: Those are the areas that are really going to be 334 00:16:25,360 --> 00:16:28,240 Speaker 2: hard hit early on. So I think we're all waiting 335 00:16:28,280 --> 00:16:29,920 Speaker 2: to see what that impact is going to be. 336 00:16:30,800 --> 00:16:34,480 Speaker 3: Yeah. The point actually even the language that Wisenthal uses 337 00:16:34,520 --> 00:16:37,560 Speaker 3: there about soft indicators. I mean, that's the list of 338 00:16:37,640 --> 00:16:41,640 Speaker 3: soft indications about what's happening. That's what's just very hard 339 00:16:41,680 --> 00:16:43,520 Speaker 3: to ignore even when you look at you know, I 340 00:16:43,560 --> 00:16:45,960 Speaker 3: read the Trump administration put out a press release this 341 00:16:45,960 --> 00:16:49,880 Speaker 3: morning about the benefits the economy in the first one 342 00:16:49,960 --> 00:16:52,160 Speaker 3: hundred days of the Trump administration. You're reading through this 343 00:16:52,360 --> 00:16:55,160 Speaker 3: long list of bullet points, and if you juxtapose it 344 00:16:55,200 --> 00:16:57,480 Speaker 3: side by side with those soft indicators, the list of 345 00:16:57,520 --> 00:17:00,880 Speaker 3: soft indicators that Wisenthal is a is pointing out and 346 00:17:00,880 --> 00:17:03,560 Speaker 3: has racked up on his own we cover them here 347 00:17:04,280 --> 00:17:07,200 Speaker 3: that I think it's, you know, even if again I'm saying, 348 00:17:07,200 --> 00:17:10,920 Speaker 3: by the most charitable interpretation of the plan here, even 349 00:17:10,960 --> 00:17:13,800 Speaker 3: if you taking them at their own argument, if you 350 00:17:13,920 --> 00:17:16,160 Speaker 3: j exuppose those lists side by side and say we're 351 00:17:16,400 --> 00:17:20,919 Speaker 3: about a month from liberation day now, the indicators are 352 00:17:20,960 --> 00:17:23,480 Speaker 3: stacking up in a way that suggests the long term 353 00:17:23,520 --> 00:17:25,840 Speaker 3: pain is not going to be worth the soft term, 354 00:17:26,160 --> 00:17:29,399 Speaker 3: the soft term the short term gain, and that I 355 00:17:29,440 --> 00:17:32,000 Speaker 3: think didn't have to be the case. It speaks to 356 00:17:32,040 --> 00:17:34,480 Speaker 3: the execution in this case. 357 00:17:37,600 --> 00:17:39,920 Speaker 2: Let's go ahead and get to another Joe Wisenthal piece 358 00:17:39,920 --> 00:17:41,639 Speaker 2: here that I thought was really interesting because one of 359 00:17:41,680 --> 00:17:45,600 Speaker 2: the questions is like, Okay, the markets are down overall, 360 00:17:45,880 --> 00:17:49,520 Speaker 2: but not that much, and it seems like maybe they 361 00:17:49,560 --> 00:17:52,840 Speaker 2: should be down more given all of these soft indicators 362 00:17:52,840 --> 00:17:55,520 Speaker 2: and the manufacturing index falling off a clip, and consumer 363 00:17:55,600 --> 00:17:58,320 Speaker 2: sentiment and a majority of Americans saying they expect prices 364 00:17:58,359 --> 00:18:00,480 Speaker 2: to get higher. In their own financial sitution was to 365 00:18:00,520 --> 00:18:04,040 Speaker 2: get worse. We're already seeing layoffs. You know, everybody's looking 366 00:18:04,119 --> 00:18:06,679 Speaker 2: at the ports in Seattle and in LA and are like, 367 00:18:06,720 --> 00:18:09,720 Speaker 2: there's no there's no cargo coming in. This seems like 368 00:18:09,760 --> 00:18:12,040 Speaker 2: it's going to be really bad, and yet the markets 369 00:18:12,040 --> 00:18:14,720 Speaker 2: are like, yeah, it's okay, It'll be fine. And so 370 00:18:14,840 --> 00:18:18,920 Speaker 2: Wisenthal has a theory about why that is the case, 371 00:18:19,000 --> 00:18:21,439 Speaker 2: and he argues, we can put this up on the screen, 372 00:18:21,920 --> 00:18:26,280 Speaker 2: that the Trump meme coin chart could be the market's 373 00:18:26,320 --> 00:18:29,480 Speaker 2: most important chart right now. And I'll read you a 374 00:18:29,520 --> 00:18:33,080 Speaker 2: little bit of his analysis. But the TLDR is that basically, 375 00:18:33,480 --> 00:18:37,040 Speaker 2: retail traders, the type that would be interested in buying 376 00:18:37,040 --> 00:18:39,400 Speaker 2: the Trump meme coin, which you can see is up 377 00:18:39,480 --> 00:18:41,920 Speaker 2: and you know, has been juiced by this like promotion 378 00:18:42,080 --> 00:18:44,200 Speaker 2: that Trump is like, hey, the top investors here, they're 379 00:18:44,200 --> 00:18:46,200 Speaker 2: going to get a special dinner with me whatever, which 380 00:18:46,240 --> 00:18:50,680 Speaker 2: is grotesque levels of corruption in any case, that those 381 00:18:50,720 --> 00:18:53,680 Speaker 2: types of retail investors have been trained to buy the dip, 382 00:18:54,119 --> 00:18:56,920 Speaker 2: and so every time the market goes down they rush 383 00:18:56,960 --> 00:18:59,760 Speaker 2: in to say, ah, this is an opportunity of buying opportunity, 384 00:19:00,119 --> 00:19:01,640 Speaker 2: told to buy the dip, I'm going to buy the dip. 385 00:19:01,920 --> 00:19:05,160 Speaker 2: So Wisenthal says, one possibility is that retail traders who've 386 00:19:05,160 --> 00:19:08,280 Speaker 2: been trained like lab rats to buy every dip have 387 00:19:08,440 --> 00:19:12,119 Speaker 2: piled in like crazy into all the old speculative stuff 388 00:19:12,160 --> 00:19:14,240 Speaker 2: that's worked so well for so long, and so they're 389 00:19:14,280 --> 00:19:17,040 Speaker 2: buying SPACs, tesla and random old coins like the trump 390 00:19:17,080 --> 00:19:19,760 Speaker 2: meum coin. Pull up a chart of robinhood or anything 391 00:19:19,760 --> 00:19:22,679 Speaker 2: else you associate with retail, and you'll probably find a 392 00:19:22,720 --> 00:19:25,800 Speaker 2: line that significantly above its levels from the start of 393 00:19:25,840 --> 00:19:31,720 Speaker 2: the month. Meanwhile, professional investors are extremely gloomy. A survey 394 00:19:31,760 --> 00:19:34,320 Speaker 2: of fund managers from April fifteen showed that there hasn't 395 00:19:34,359 --> 00:19:38,680 Speaker 2: been this much bearishness in thirty years. Other surveys show 396 00:19:38,760 --> 00:19:42,720 Speaker 2: basically the same thing. Bearishness is everywhere, and so one 397 00:19:42,760 --> 00:19:45,480 Speaker 2: story you can tell is simply that serious investors are 398 00:19:45,520 --> 00:19:47,800 Speaker 2: looking at all those charts of port traffic drying up 399 00:19:47,880 --> 00:19:50,160 Speaker 2: and calculating the impact of terraces on corporate earnings while 400 00:19:50,160 --> 00:19:53,159 Speaker 2: retail investors are piling in like crazy, creating some kind 401 00:19:53,200 --> 00:19:55,960 Speaker 2: of disconnect between the line on the screen and what 402 00:19:56,080 --> 00:19:59,399 Speaker 2: a fair value for stocks actually is. I thought that 403 00:19:59,480 --> 00:20:02,720 Speaker 2: was a pretty interesting assessment, Emily, which would make sense 404 00:20:02,760 --> 00:20:06,159 Speaker 2: of why perhaps the market isn't moving the way that 405 00:20:06,200 --> 00:20:10,320 Speaker 2: you would expect looking at these numbers and looking at 406 00:20:10,359 --> 00:20:12,840 Speaker 2: just what an extreme action one hundred and forty five 407 00:20:12,880 --> 00:20:15,960 Speaker 2: percent tariffs on China, let alone the terrifts on the 408 00:20:16,000 --> 00:20:18,800 Speaker 2: rest of the world, What an extreme action that really represents, 409 00:20:18,840 --> 00:20:22,600 Speaker 2: and what a fundamental reordering of the global economic order 410 00:20:22,640 --> 00:20:25,119 Speaker 2: that that truly represents. 411 00:20:24,640 --> 00:20:26,679 Speaker 3: Well, And I wonder also, I mean, the degree to 412 00:20:26,680 --> 00:20:30,760 Speaker 3: which this is influencing, you know, the Trump administration's minute 413 00:20:30,760 --> 00:20:34,320 Speaker 3: to minute policies. Like we remember when Walter Bloomberg that 414 00:20:34,560 --> 00:20:39,560 Speaker 3: ridiculous X account posted that bessent had indicated it you 415 00:20:39,600 --> 00:20:43,440 Speaker 3: basically misquoted something that Bessentt had said in a Fox 416 00:20:43,480 --> 00:20:46,120 Speaker 3: News interview about a ninety day pause, which obviously ended 417 00:20:46,160 --> 00:20:48,520 Speaker 3: up happening. But I think one of the reasons the 418 00:20:48,560 --> 00:20:51,560 Speaker 3: administration probably held out on the ninety day pause. As 419 00:20:51,600 --> 00:20:53,919 Speaker 3: long as it did is because they saw what happened. 420 00:20:53,960 --> 00:20:56,560 Speaker 3: Is as soon as Boomberg tweeted that the fake account, 421 00:20:57,080 --> 00:20:59,960 Speaker 3: the market shot back up. And basically the only connect 422 00:21:00,400 --> 00:21:02,960 Speaker 3: that anyone made was because of this like fake news 423 00:21:02,960 --> 00:21:08,119 Speaker 3: tweet that was going super viral on X Yeah, Walter Bloomberg. 424 00:21:08,359 --> 00:21:11,080 Speaker 3: But like the but that does right, Like that builds 425 00:21:11,160 --> 00:21:17,119 Speaker 3: into the decision making structure for the Trump administration. How 426 00:21:17,160 --> 00:21:21,959 Speaker 3: easy it is to rejuce the markets with like just statements, 427 00:21:22,760 --> 00:21:25,760 Speaker 3: And I like that sounds really basic, but it just 428 00:21:26,119 --> 00:21:28,400 Speaker 3: it's it's an important part obviously what they're talking about 429 00:21:28,400 --> 00:21:29,960 Speaker 3: in the White House. It was the bond markets that 430 00:21:30,000 --> 00:21:33,840 Speaker 3: Trump said people were getting a little yippie that fundamentally 431 00:21:34,400 --> 00:21:36,320 Speaker 3: caused him to do a one to eighty. Whether he 432 00:21:36,400 --> 00:21:38,400 Speaker 3: was ultimately going to do it or not, I genuinely 433 00:21:38,400 --> 00:21:41,160 Speaker 3: don't think we know, uh, And so this is yeah, 434 00:21:41,200 --> 00:21:44,879 Speaker 3: I think I think the weisal theory sounds completely correct. 435 00:21:44,880 --> 00:21:47,160 Speaker 3: And the last point I'll say this is more abstract. 436 00:21:47,160 --> 00:21:50,280 Speaker 3: But I was listening to an old zero hedge debate 437 00:21:50,880 --> 00:21:53,879 Speaker 3: over the weekend and it was like it was it 438 00:21:53,880 --> 00:21:56,440 Speaker 3: was about bitcoin, and one person on each side of 439 00:21:56,440 --> 00:21:58,920 Speaker 3: the argument they both disagreed about the state of the economy. 440 00:21:59,400 --> 00:22:01,160 Speaker 3: I think it was six months ago something like that, 441 00:22:01,359 --> 00:22:04,080 Speaker 3: and one of them made the point, this is what's 442 00:22:04,200 --> 00:22:07,560 Speaker 3: terrifying about the economy is that you can have experts 443 00:22:08,000 --> 00:22:11,320 Speaker 3: who like spend their entire life studying this and working 444 00:22:11,359 --> 00:22:14,960 Speaker 3: in this, and they legitimately can't tell you whether we're 445 00:22:14,960 --> 00:22:17,800 Speaker 3: in a good or a bad economy. And the Trump 446 00:22:17,800 --> 00:22:22,040 Speaker 3: administration is coming into that context and saying, you know, 447 00:22:22,080 --> 00:22:25,000 Speaker 3: this is that means that we can manipulate it in 448 00:22:25,640 --> 00:22:29,120 Speaker 3: new and interesting bespoke ways to borrow the term from 449 00:22:29,240 --> 00:22:32,440 Speaker 3: Scott Vessant, And you know what that actually means is 450 00:22:32,680 --> 00:22:37,000 Speaker 3: it's just a continuation, or it's it's a dramatic manipulation 451 00:22:37,440 --> 00:22:40,159 Speaker 3: of this experiment, like it's a it's a dramatic new 452 00:22:40,200 --> 00:22:43,120 Speaker 3: variable and an experiment that nobody really knows how it's 453 00:22:43,119 --> 00:22:44,600 Speaker 3: going to end. Like nobody can tell you how this 454 00:22:44,640 --> 00:22:46,960 Speaker 3: is going to end, partially because nobody knows exactly where 455 00:22:47,080 --> 00:22:49,159 Speaker 3: Donald Trump wants to take this and how other countries 456 00:22:49,160 --> 00:22:52,679 Speaker 3: are reacting. But we've had a month long glimpse at that, 457 00:22:52,800 --> 00:22:54,119 Speaker 3: and it's not good for the administration. 458 00:22:54,840 --> 00:22:58,439 Speaker 2: I mean, even the importance of the vibes is even 459 00:22:58,480 --> 00:23:00,760 Speaker 2: in evidence, just based on what I was saying earlier 460 00:23:00,800 --> 00:23:03,440 Speaker 2: about apparently the markets do better when it's mostly Scott 461 00:23:03,520 --> 00:23:06,560 Speaker 2: Besant out there versus Howard Lunne and like. That shouldn't 462 00:23:06,600 --> 00:23:09,119 Speaker 2: matter because the policy is the same, right. So the 463 00:23:09,160 --> 00:23:11,680 Speaker 2: fact that one comes in like a more like proper 464 00:23:11,760 --> 00:23:14,600 Speaker 2: buttoned up Wall Street type package and one is this 465 00:23:14,680 --> 00:23:18,959 Speaker 2: more like unhinged type of character, also a very Wall 466 00:23:19,000 --> 00:23:23,159 Speaker 2: Street character, by the way, that shouldn't matter because the 467 00:23:23,200 --> 00:23:25,399 Speaker 2: policy is not changing. But the fact that you have 468 00:23:25,440 --> 00:23:27,600 Speaker 2: bested out there who can come up with, you know, 469 00:23:27,600 --> 00:23:29,760 Speaker 2: in terms of art like bespoke deals and oh, I'm 470 00:23:29,800 --> 00:23:33,440 Speaker 2: not worried about the shelves, and isn't spinning tails about 471 00:23:33,520 --> 00:23:36,520 Speaker 2: millions and millions of armies of people screwing in little 472 00:23:36,520 --> 00:23:40,160 Speaker 2: little screws and saying ridiculous things like that. The fact 473 00:23:40,200 --> 00:23:42,680 Speaker 2: that that makes such a difference is in and of 474 00:23:42,720 --> 00:23:46,080 Speaker 2: itself an indication that so much of the market is 475 00:23:46,160 --> 00:23:48,399 Speaker 2: just about the vibes of the day, and that ends 476 00:23:48,480 --> 00:23:50,560 Speaker 2: up being very unpredictable. And then the other thing that 477 00:23:50,600 --> 00:23:53,760 Speaker 2: seems to be moving the market appears to be whatever 478 00:23:53,840 --> 00:23:58,000 Speaker 2: inside info is being given out to, you know, Wall 479 00:23:58,000 --> 00:24:01,919 Speaker 2: Street traders to front run whatever announcements are coming out 480 00:24:01,960 --> 00:24:04,200 Speaker 2: of the administration later, which is something you know, we 481 00:24:05,040 --> 00:24:06,960 Speaker 2: had talked about. I believe it was Bessett who had 482 00:24:06,960 --> 00:24:10,880 Speaker 2: given Charles Gasparino reported on how he was giving out 483 00:24:10,880 --> 00:24:14,240 Speaker 2: this information before it was public at an investor conference, 484 00:24:14,320 --> 00:24:17,760 Speaker 2: allowing them to potentially profit on, you know, whatever moves 485 00:24:17,800 --> 00:24:20,119 Speaker 2: we were set to come out, you know, with the 486 00:24:20,600 --> 00:24:23,200 Speaker 2: Trump coin thing, I just don't want to lose sight 487 00:24:23,240 --> 00:24:23,439 Speaker 2: of this. 488 00:24:23,480 --> 00:24:24,480 Speaker 4: Can we actually. 489 00:24:24,200 --> 00:24:27,760 Speaker 2: Skip forward to what is this A eight and put 490 00:24:27,760 --> 00:24:30,280 Speaker 2: this chart up on the screen. You know, there's so 491 00:24:30,400 --> 00:24:33,200 Speaker 2: much going on in this administration that it's hard to 492 00:24:33,280 --> 00:24:35,679 Speaker 2: keep track. He's offering a private dinner to the top 493 00:24:35,720 --> 00:24:39,200 Speaker 2: two hundred twenty investors in his mean coin. The offer 494 00:24:39,320 --> 00:24:42,520 Speaker 2: caused it to surge and price his family's latest effort 495 00:24:42,560 --> 00:24:46,119 Speaker 2: to profit from cryptocurrencies. I mean, I don't want to 496 00:24:46,119 --> 00:24:49,080 Speaker 2: hear a word from Republicans again against about Nancy Pelosi's 497 00:24:49,119 --> 00:24:51,800 Speaker 2: insider trading, Like if you aren't speaking out about this, 498 00:24:51,880 --> 00:24:57,800 Speaker 2: which is just such naked brazen profiteering, corruption, graft, et cetera. 499 00:24:58,200 --> 00:25:02,399 Speaker 2: It is extraordinary the level of just pay to play 500 00:25:02,440 --> 00:25:05,520 Speaker 2: that is out in the open in this administration, and 501 00:25:05,840 --> 00:25:08,639 Speaker 2: the meme coin is kind of like ground zero for that. 502 00:25:08,760 --> 00:25:12,560 Speaker 2: And we already know, we've already have examples of crypto 503 00:25:12,960 --> 00:25:16,600 Speaker 2: dudes who put a lot of money into Trump shit 504 00:25:16,680 --> 00:25:19,479 Speaker 2: coin and announced it publicly and low and behold their 505 00:25:19,560 --> 00:25:22,960 Speaker 2: enforcement actions get dropped low and behold they benefit. And 506 00:25:23,119 --> 00:25:26,439 Speaker 2: it is so easy if you're you know, if you 507 00:25:26,680 --> 00:25:30,000 Speaker 2: are a head of state, if you are a CEO 508 00:25:30,119 --> 00:25:32,280 Speaker 2: of a company, if you are just some random person 509 00:25:32,280 --> 00:25:35,880 Speaker 2: who like wants a pardon or whatever, it's so obvious 510 00:25:35,960 --> 00:25:38,520 Speaker 2: that all you have to do is put a bunch 511 00:25:38,520 --> 00:25:41,399 Speaker 2: of money into to pump up Trump shit coin, of 512 00:25:41,440 --> 00:25:45,040 Speaker 2: which he directly personally benefits, and you know, tell him 513 00:25:45,080 --> 00:25:47,920 Speaker 2: or announce it publicly or whatever, and you stand very 514 00:25:48,000 --> 00:25:52,720 Speaker 2: likely to benefit. So, you know, this announcement, as the 515 00:25:52,840 --> 00:25:58,320 Speaker 2: article mentions, increased his mean coin value significantly, it had 516 00:25:58,359 --> 00:26:00,800 Speaker 2: fallen off quite a lot. The Malania coin was basically 517 00:26:00,840 --> 00:26:03,199 Speaker 2: just like a total pump and dump run by some 518 00:26:03,240 --> 00:26:06,960 Speaker 2: of the same people as Hobvier Malay's affiliated pump and 519 00:26:07,040 --> 00:26:10,919 Speaker 2: dump scheme as well. And it's you know, it's just 520 00:26:11,000 --> 00:26:13,320 Speaker 2: it's one of these things that I just can't let 521 00:26:13,359 --> 00:26:16,800 Speaker 2: go and don't want to normalize because the corruption is 522 00:26:16,840 --> 00:26:22,040 Speaker 2: so incredibly brazen and naked. And yes, many politicians they're corrupt, 523 00:26:22,119 --> 00:26:24,399 Speaker 2: and the campaign finance system needs to reform. 524 00:26:24,440 --> 00:26:25,840 Speaker 4: This is at another level. 525 00:26:26,240 --> 00:26:28,440 Speaker 2: And one more piece before I get your reaction here, 526 00:26:28,440 --> 00:26:31,280 Speaker 2: Emily go to A seven the club for the super 527 00:26:31,400 --> 00:26:34,119 Speaker 2: rich that they are launching, because I really specifically want 528 00:26:34,160 --> 00:26:36,840 Speaker 2: to get your reaction to this. So this is from Politico. 529 00:26:36,880 --> 00:26:38,920 Speaker 2: They say, the Trump Aline Club for the Ultra Rich 530 00:26:39,600 --> 00:26:43,359 Speaker 2: launches in Washington. The launch of Executive branch comes as 531 00:26:43,400 --> 00:26:46,480 Speaker 2: Trump World looks to remake Washington. New club is coming 532 00:26:46,520 --> 00:26:49,800 Speaker 2: to Washington. You probably can't get in. Don Junior, Mega 533 00:26:49,840 --> 00:26:53,240 Speaker 2: donor Omid Malik and several other investors are launching an 534 00:26:53,280 --> 00:26:55,840 Speaker 2: invite only club. The costs more than half a million 535 00:26:55,880 --> 00:26:59,240 Speaker 2: to join, with an exclusive post White House correspondent dinner gathering. 536 00:26:59,320 --> 00:27:03,440 Speaker 2: According to an invite, brainchild of Malik, will be located 537 00:27:03,480 --> 00:27:06,920 Speaker 2: in Georgetown. Their goal, the people familiar with the plans, say, 538 00:27:07,400 --> 00:27:10,760 Speaker 2: is to create the highest end private club that Washington 539 00:27:10,760 --> 00:27:14,120 Speaker 2: has ever had and cater to the business and tech 540 00:27:14,200 --> 00:27:17,439 Speaker 2: moguls who are looking to nurture their relationships with the 541 00:27:17,520 --> 00:27:21,520 Speaker 2: Trump administration. And by the way, the club already has 542 00:27:21,640 --> 00:27:26,720 Speaker 2: a waitlist. Emily, just unbelievable that we went from you know, 543 00:27:26,760 --> 00:27:29,720 Speaker 2: all this rhetoric about drain the swamp yea, to this. 544 00:27:31,119 --> 00:27:37,159 Speaker 3: And yet so very believable. Yes, but you know, populists 545 00:27:37,640 --> 00:27:41,240 Speaker 3: have for a long time and still will decry the 546 00:27:41,480 --> 00:27:45,400 Speaker 3: quote unquote Georgetown cocktail parties like it is a cliche 547 00:27:45,560 --> 00:27:48,880 Speaker 3: that is constantly invoked by populists, especially on the right 548 00:27:49,000 --> 00:27:52,720 Speaker 3: in recent years. But what they just did was create that. 549 00:27:52,720 --> 00:27:54,639 Speaker 3: What they're trying to do is create their own like 550 00:27:55,119 --> 00:28:00,200 Speaker 3: extra special Georgetown cocktail party. Literally they put those in Georgetown, 551 00:28:00,560 --> 00:28:02,359 Speaker 3: which doesn't really have anything to do with it except 552 00:28:02,400 --> 00:28:05,040 Speaker 3: for that it's a funny part of them just walking 553 00:28:05,080 --> 00:28:08,840 Speaker 3: right into this cliche. So, yeah, the drain the swamp 554 00:28:09,640 --> 00:28:13,359 Speaker 3: is drain the swamp of the left. It's not drain 555 00:28:13,440 --> 00:28:18,120 Speaker 3: the swamp completely, obviously. It's you know, we're gonna we'll 556 00:28:18,200 --> 00:28:20,040 Speaker 3: let some people remain in the swamp. It's not a 557 00:28:20,080 --> 00:28:22,359 Speaker 3: structural change to the swamp. Yeah, it was a structural 558 00:28:22,440 --> 00:28:26,160 Speaker 3: change to the swamp. Then you wouldn't have places where 559 00:28:26,200 --> 00:28:27,720 Speaker 3: you have to pay half a million dollars to rub 560 00:28:27,760 --> 00:28:28,480 Speaker 3: elbows with. 561 00:28:28,960 --> 00:28:29,080 Speaker 7: Uh. 562 00:28:29,720 --> 00:28:31,840 Speaker 3: It's it's a listen it's not the same thing as 563 00:28:31,920 --> 00:28:35,200 Speaker 3: Hunter Biden. But Don Junior is selling this club because 564 00:28:35,680 --> 00:28:38,360 Speaker 3: he's like the son of the president, has access to 565 00:28:38,400 --> 00:28:39,920 Speaker 3: the president, has the ear of the president. 566 00:28:40,320 --> 00:28:43,120 Speaker 2: Yeah, David Sachs was hosting this party. I mean, this 567 00:28:43,200 --> 00:28:48,400 Speaker 2: is an administration official. It's just incredibly, incredibly brazen and 568 00:28:48,560 --> 00:28:51,760 Speaker 2: just one last piece on the you know, latest corruption circuit. 569 00:28:52,280 --> 00:28:55,880 Speaker 2: We've got some new info about how much Elon stands 570 00:28:55,880 --> 00:28:59,280 Speaker 2: to benefit from the work of Doge, even as Doge, 571 00:28:59,440 --> 00:29:02,880 Speaker 2: by their mats or their public metrics, is a complete failure, 572 00:29:03,000 --> 00:29:05,640 Speaker 2: has saved the taxpayer effectively no money. You know, even 573 00:29:05,680 --> 00:29:09,080 Speaker 2: Steve Bannon is calling it out, and Elon is set 574 00:29:09,120 --> 00:29:11,000 Speaker 2: to pure sort of like slink out of town, but 575 00:29:11,040 --> 00:29:13,760 Speaker 2: put a nine up on the screen. He stands to 576 00:29:13,800 --> 00:29:18,800 Speaker 2: benefit to the tune of billions of dollars simply from 577 00:29:19,400 --> 00:29:23,400 Speaker 2: his companies avoiding the regulatory scrutiny that they were previously 578 00:29:23,520 --> 00:29:26,960 Speaker 2: under from a whole host of agencies. And you know, 579 00:29:27,040 --> 00:29:29,800 Speaker 2: this is something Emily that we attract on this show. 580 00:29:30,280 --> 00:29:34,240 Speaker 2: You know, there's a particular part of a particular board 581 00:29:34,280 --> 00:29:38,480 Speaker 2: that was going after Tesla that regulates automated vehicles, and 582 00:29:39,360 --> 00:29:40,800 Speaker 2: he was very unhappy with them. 583 00:29:40,840 --> 00:29:41,880 Speaker 4: Oh, they get gutted. 584 00:29:42,000 --> 00:29:44,719 Speaker 2: You know, the Department of Labor was he had all 585 00:29:44,800 --> 00:29:47,360 Speaker 2: kinds of issues with them and all sorts of allegations 586 00:29:47,360 --> 00:29:51,880 Speaker 2: against his companies there. They get gutted CFPB. They were 587 00:29:51,880 --> 00:29:55,240 Speaker 2: set to regulate Twitter if Twitter was doing this deal 588 00:29:55,280 --> 00:29:59,080 Speaker 2: with Visa, they get gutted. So it was quite naked. 589 00:29:59,240 --> 00:30:02,080 Speaker 2: And he's got his end engineers in over at the 590 00:30:02,840 --> 00:30:08,080 Speaker 2: you know, the uh over inside of what's the why 591 00:30:08,080 --> 00:30:13,440 Speaker 2: am I blanking on the TSA? He's got them or 592 00:30:13,560 --> 00:30:16,360 Speaker 2: inside the TSA. That's another area that you know, is 593 00:30:16,400 --> 00:30:19,000 Speaker 2: a big problem for him. So in any case, this 594 00:30:19,240 --> 00:30:22,240 Speaker 2: Senate subcommittee found two point three seven billion in legal 595 00:30:22,240 --> 00:30:26,040 Speaker 2: liability that he is saving just from his efforts to 596 00:30:26,080 --> 00:30:28,680 Speaker 2: deregulate and defenestrate the administrative state. 597 00:30:29,480 --> 00:30:33,160 Speaker 3: No, what he's been doing is sacrificing Crystal nobly, you know. Yeah, 598 00:30:33,320 --> 00:30:35,440 Speaker 3: And at the same time that's a joke obviously. But 599 00:30:35,880 --> 00:30:37,840 Speaker 3: we were talking about you and I were talking last week, 600 00:30:37,960 --> 00:30:40,960 Speaker 3: and you made a really good point that ultimately Elon's 601 00:30:41,040 --> 00:30:44,920 Speaker 3: not in it for bike is his big goal in 602 00:30:45,200 --> 00:30:48,560 Speaker 3: DOGE is not moving some you know, money around and 603 00:30:48,600 --> 00:30:51,640 Speaker 3: saving himself. You know, a couple of billion dollars whatever. 604 00:30:52,640 --> 00:30:56,920 Speaker 3: His big goal is like advancing these companies that he 605 00:30:56,960 --> 00:31:00,840 Speaker 3: thinks are changing the world, and this like techno libertarian way. 606 00:31:01,400 --> 00:31:04,400 Speaker 3: It's not necessarily about the money. But that doesn't mean 607 00:31:04,560 --> 00:31:08,440 Speaker 3: the money stuff isn't Incredibly, it's just so it's so 608 00:31:08,600 --> 00:31:12,200 Speaker 3: corrupt and the precedent that it sets going forward is high. 609 00:31:12,360 --> 00:31:14,920 Speaker 3: It's a completely different precedent than what we had before 610 00:31:14,960 --> 00:31:17,680 Speaker 3: with like Pentagon contractors. It's not the same thing at all. 611 00:31:17,760 --> 00:31:22,479 Speaker 4: So any way, Yeah, although not the TSA. I'm just 612 00:31:22,560 --> 00:31:25,680 Speaker 4: I'm sorry, guys. Too many acronyms for me this morning. 613 00:31:26,520 --> 00:31:29,360 Speaker 3: That's why we need Doge Crystal. That's why we need DOE. 614 00:31:29,600 --> 00:31:32,200 Speaker 2: That's right, they just added another agency. Now I got 615 00:31:32,240 --> 00:31:34,880 Speaker 2: the digital service whatever whatever that I got to remember 616 00:31:34,920 --> 00:31:37,160 Speaker 2: as well, though I guess that already existed. Nobody just 617 00:31:37,280 --> 00:31:38,880 Speaker 2: knew about it or cared about it at the time. 618 00:31:41,880 --> 00:31:45,200 Speaker 2: All right, guys, it is official. The Liberals in Canada 619 00:31:45,360 --> 00:31:48,600 Speaker 2: mounted what was an absolutely extraordinary comeback. They will be 620 00:31:48,680 --> 00:31:52,120 Speaker 2: able to form a government led by Mark Karney, who 621 00:31:52,160 --> 00:31:55,080 Speaker 2: was a central banker and now Prime minister. Let's go 622 00:31:55,080 --> 00:31:57,719 Speaker 2: ahead and take a listen to Carney in his victory 623 00:31:57,760 --> 00:32:02,240 Speaker 2: speech really talking about some of the fissures with the 624 00:32:02,360 --> 00:32:05,840 Speaker 2: United States and how significant they're going to be now 625 00:32:05,880 --> 00:32:06,520 Speaker 2: and in the future. 626 00:32:06,600 --> 00:32:07,440 Speaker 4: Take a lesson. 627 00:32:07,880 --> 00:32:10,400 Speaker 5: We are once again at one of those hinge moments 628 00:32:10,400 --> 00:32:14,760 Speaker 5: of history. Our old relationship with the United States, a 629 00:32:14,880 --> 00:32:21,840 Speaker 5: relationship based on steadily increasing integration, is over. The system 630 00:32:22,760 --> 00:32:26,320 Speaker 5: of open global trade anchored by the United States, a 631 00:32:26,360 --> 00:32:30,000 Speaker 5: system that Canada has relied on since the Second World War, 632 00:32:30,560 --> 00:32:35,040 Speaker 5: a system that will not perfect, has helped deliver prosperity 633 00:32:35,360 --> 00:32:40,960 Speaker 5: for a country for decades, is over. These are tragedies, 634 00:32:41,560 --> 00:32:44,040 Speaker 5: but it's also our new reality. 635 00:32:45,080 --> 00:32:45,760 Speaker 3: We are over. 636 00:32:47,000 --> 00:32:50,280 Speaker 5: We are over the shock of the American betrayal, but 637 00:32:50,360 --> 00:32:57,160 Speaker 5: we should never forget the lessons. We have to look 638 00:32:57,200 --> 00:33:01,760 Speaker 5: out for ourselves and above all, we have to take 639 00:33:01,840 --> 00:33:03,120 Speaker 5: care of each other. 640 00:33:10,160 --> 00:33:13,240 Speaker 2: So emily, they are over the American betrayal, but it 641 00:33:13,440 --> 00:33:16,440 Speaker 2: is not forgotten, and they will be moving in another 642 00:33:16,480 --> 00:33:19,400 Speaker 2: direction moving forward. And let's just put the results up 643 00:33:19,400 --> 00:33:20,960 Speaker 2: on the screen when I want to get your reaction. 644 00:33:21,120 --> 00:33:24,680 Speaker 2: I mean, the shift in the political wins in Canada 645 00:33:24,800 --> 00:33:27,400 Speaker 2: has been extraordinary. We had David Dole, who is himself 646 00:33:27,400 --> 00:33:31,640 Speaker 2: Canadian hosts Rational National Over on his YouTube channel. He 647 00:33:32,000 --> 00:33:34,880 Speaker 2: was breaking down for us just how central Trump really 648 00:33:35,080 --> 00:33:38,360 Speaker 2: was in this race. And according to him, it was 649 00:33:38,600 --> 00:33:42,800 Speaker 2: the fifty first state jabs that really packed the most punch. 650 00:33:42,840 --> 00:33:46,080 Speaker 2: Obviously the trade war significant as well, but that was 651 00:33:46,120 --> 00:33:51,360 Speaker 2: the thing that really changed everything. And you know, if 652 00:33:51,360 --> 00:33:54,240 Speaker 2: you look at the polls and the way that they shifted, 653 00:33:55,040 --> 00:33:56,640 Speaker 2: it's absolutely extraordinary. 654 00:33:57,200 --> 00:33:58,960 Speaker 4: The Liberals were able to make this comeback. 655 00:33:59,240 --> 00:34:01,880 Speaker 2: And Pierre pauliev he had been seeing I mean, you 656 00:34:01,880 --> 00:34:04,360 Speaker 2: can speak to this more than than I can. He 657 00:34:04,400 --> 00:34:06,080 Speaker 2: had been seen as kind of this you know, right 658 00:34:06,080 --> 00:34:09,080 Speaker 2: wing rising star media figure. I think the right had 659 00:34:09,080 --> 00:34:11,080 Speaker 2: had a lot of hopes for Canada. There was a 660 00:34:11,120 --> 00:34:15,400 Speaker 2: backlash there during COVID, there were the trucker protests. You 661 00:34:15,560 --> 00:34:18,520 Speaker 2: of course had Trudeau who had just fallen off a 662 00:34:18,520 --> 00:34:21,080 Speaker 2: cliff and was sort of forced to resign, opening up 663 00:34:21,120 --> 00:34:25,200 Speaker 2: the possibility for this election. So really a dramatic change 664 00:34:25,200 --> 00:34:25,799 Speaker 2: of fortunes here. 665 00:34:25,920 --> 00:34:29,640 Speaker 3: M yeah, huge. And you know, I think one thing 666 00:34:29,680 --> 00:34:31,839 Speaker 3: that might happen in the media coverage of this over 667 00:34:31,880 --> 00:34:33,759 Speaker 3: the next twenty four to forty eight hours is that 668 00:34:33,800 --> 00:34:38,480 Speaker 3: people think, because because Karney and his party came from 669 00:34:38,560 --> 00:34:41,480 Speaker 3: so far behind, that this means, you know, Canada has 670 00:34:41,600 --> 00:34:44,680 Speaker 3: decisively moved, you know, and I shouldn't say move, but 671 00:34:44,880 --> 00:34:48,120 Speaker 3: stuck with Trudeau and stuck with the Liberals. But what 672 00:34:48,120 --> 00:34:50,360 Speaker 3: we ended up seeing is they we just had this 673 00:34:50,400 --> 00:34:52,279 Speaker 3: graphic on the scene on the screen that showed they 674 00:34:52,320 --> 00:34:55,279 Speaker 3: ended up five votes short or five seats short of 675 00:34:55,400 --> 00:34:59,520 Speaker 3: a majority. And it's absolutely a stunning comeback. Is absolutely, 676 00:34:59,560 --> 00:35:02,520 Speaker 3: no no question about that whatsoever. I mean, Polyiev was 677 00:35:02,640 --> 00:35:06,120 Speaker 3: up by about twenty points and polls closer to the 678 00:35:06,200 --> 00:35:10,000 Speaker 3: beginning of the year. So the flip after Trudeau is 679 00:35:10,160 --> 00:35:15,719 Speaker 3: like genuinely remarkable. Canada is very, very divided, and it 680 00:35:15,920 --> 00:35:19,640 Speaker 3: absolutely this is a situation for Canada that's you know, 681 00:35:19,680 --> 00:35:23,560 Speaker 3: it's not twenty fifteen anymore, where justin Trudeau is on 682 00:35:23,600 --> 00:35:27,439 Speaker 3: the scene being the future. Polyev really was seen as 683 00:35:27,440 --> 00:35:29,960 Speaker 3: the to your point, the antidote to that. So if 684 00:35:30,160 --> 00:35:33,480 Speaker 3: Trudeau is seen as sort of the friendly face of 685 00:35:33,600 --> 00:35:38,239 Speaker 3: the neoliberal Western future, then Pouliev was kind of seen 686 00:35:38,400 --> 00:35:42,239 Speaker 3: as the answer to the follies of that era of 687 00:35:42,320 --> 00:35:46,120 Speaker 3: Trudeau and Obama and Angela Merkel. He was seen as 688 00:35:46,160 --> 00:35:49,279 Speaker 3: a figure who could sort of be young and articulate 689 00:35:49,480 --> 00:35:54,200 Speaker 3: and bring the right into its future in Canada. And 690 00:35:54,400 --> 00:35:58,480 Speaker 3: the fact that he you know himself, fell so far 691 00:35:58,600 --> 00:36:01,960 Speaker 3: short well even things were divided for his party, is 692 00:36:02,040 --> 00:36:06,160 Speaker 3: a real blow to his ability to have a future. 693 00:36:06,200 --> 00:36:09,200 Speaker 3: Now maybe he still will. Politics are unpredictable, but he 694 00:36:09,400 --> 00:36:14,320 Speaker 3: was particularly on the assent and this is a good 695 00:36:14,640 --> 00:36:17,600 Speaker 3: indication that it didn't work out so well for his 696 00:36:18,239 --> 00:36:20,120 Speaker 3: brand on the campaign. 697 00:36:20,920 --> 00:36:23,239 Speaker 2: Yeah, he What you're referring to is he actually lost 698 00:36:23,280 --> 00:36:26,920 Speaker 2: his own seat. So not only does the Conservatives lose 699 00:36:27,120 --> 00:36:29,600 Speaker 2: and they won't have a chance to form a government 700 00:36:29,719 --> 00:36:33,520 Speaker 2: the Liberals will, but he actually lost his own seat, 701 00:36:33,600 --> 00:36:36,080 Speaker 2: so he will not be a member of Parliament anymore. 702 00:36:36,160 --> 00:36:36,760 Speaker 4: So that stings. 703 00:36:36,760 --> 00:36:39,080 Speaker 2: What David Dole tweeted out in reaction to this, and 704 00:36:39,320 --> 00:36:41,960 Speaker 2: David's a lefty, he said, Liberals just short of a majority, 705 00:36:42,000 --> 00:36:44,840 Speaker 2: putting NDP. Those are the lefties in the deciding seats. 706 00:36:45,040 --> 00:36:48,000 Speaker 2: Jack Meets saying loses his seat, making an NDP leadership 707 00:36:48,080 --> 00:36:52,120 Speaker 2: race quick and painless. Pierre Poliev loses his seat. Loally 708 00:36:52,239 --> 00:36:55,319 Speaker 2: says this is actually the perfect result. So that was 709 00:36:55,400 --> 00:36:58,760 Speaker 2: his response to all of this. We pulled this reaction 710 00:36:59,280 --> 00:37:03,040 Speaker 2: from you know, run of the bill, Canadian voter getting 711 00:37:03,040 --> 00:37:05,319 Speaker 2: her sense of what was going on in this race, 712 00:37:05,360 --> 00:37:07,719 Speaker 2: and why she cast her ballot as she did. Let's 713 00:37:07,719 --> 00:37:09,360 Speaker 2: go ahead and take a listen to B one B. 714 00:37:09,920 --> 00:37:13,200 Speaker 7: I think who I voted for would be the best 715 00:37:13,520 --> 00:37:16,680 Speaker 7: to take care of Trump. Because Trump is I'm sorry 716 00:37:16,760 --> 00:37:21,440 Speaker 7: to say and ask, and he shouldn't even be president 717 00:37:21,440 --> 00:37:24,680 Speaker 7: of the United States, but because he is, we need 718 00:37:24,719 --> 00:37:27,320 Speaker 7: a strong person so that we could stand strong. 719 00:37:28,000 --> 00:37:30,399 Speaker 2: And I saw a poll that had Trump's approval rating 720 00:37:30,440 --> 00:37:33,200 Speaker 2: in Canada something like eleven percent. I mean, he's just like, 721 00:37:33,440 --> 00:37:38,680 Speaker 2: could not be more unpopular across the political spectrum, and 722 00:37:39,000 --> 00:37:41,600 Speaker 2: he was not doing much to help them. On day 723 00:37:41,600 --> 00:37:43,520 Speaker 2: if we can put this next one up on the screen, 724 00:37:43,640 --> 00:37:47,600 Speaker 2: he posted this on I Believe Truth Social He said, 725 00:37:47,600 --> 00:37:49,640 Speaker 2: good luck to the great people of Canada. Elect the 726 00:37:49,680 --> 00:37:51,440 Speaker 2: man who has the strength and wisdom to cut your 727 00:37:51,480 --> 00:37:53,920 Speaker 2: taxes and have increase your military power for free to 728 00:37:53,920 --> 00:37:56,759 Speaker 2: the highest level in the world. Have your car still win, lumber, energy, 729 00:37:56,800 --> 00:38:00,200 Speaker 2: and all other businesses. Quadruple in size was zero tears 730 00:38:00,239 --> 00:38:04,120 Speaker 2: or taxes if Canada becomes the cherished fifty first state 731 00:38:04,560 --> 00:38:07,960 Speaker 2: of the United States of America, no more artificially drawn 732 00:38:08,040 --> 00:38:10,160 Speaker 2: line from many years ago, you know, And I like 733 00:38:10,200 --> 00:38:11,239 Speaker 2: when he talks about how the. 734 00:38:11,400 --> 00:38:12,400 Speaker 4: Borders are arbitrary. 735 00:38:12,600 --> 00:38:15,400 Speaker 2: Look how beautiful this land mass would be, free access 736 00:38:15,400 --> 00:38:18,040 Speaker 2: with no border, all positives, no negatives. 737 00:38:18,040 --> 00:38:18,759 Speaker 4: It was meant to be. 738 00:38:18,920 --> 00:38:21,360 Speaker 2: America can no longer subsidize Canada with the hundreds of 739 00:38:21,360 --> 00:38:23,240 Speaker 2: billions of dollars a year that we have been spending 740 00:38:23,239 --> 00:38:25,680 Speaker 2: in the past. It makes no sense unless Canada is 741 00:38:25,800 --> 00:38:30,560 Speaker 2: a state. That forced Pierre Polyiev to have to respond. 742 00:38:30,920 --> 00:38:34,280 Speaker 2: But b three up on the screen, he said, President Trump, 743 00:38:34,400 --> 00:38:36,640 Speaker 2: stay out of our election. The only people who will 744 00:38:36,640 --> 00:38:39,240 Speaker 2: decide the future of Canada are Canadians at the ballot box. 745 00:38:39,320 --> 00:38:41,839 Speaker 2: Canada will always be proud, sovereign and independent. We will 746 00:38:41,880 --> 00:38:44,759 Speaker 2: never be the fifty first state. Today Canadians can vote 747 00:38:44,800 --> 00:38:46,759 Speaker 2: for change so we can strengthen our country, stand on 748 00:38:46,800 --> 00:38:49,520 Speaker 2: our own two feet and stand up to America from 749 00:38:49,560 --> 00:38:53,080 Speaker 2: a position of strength. But Pierre Polyiev had done enough to, 750 00:38:53,440 --> 00:38:56,520 Speaker 2: you know, associate himself with Trump and with the American 751 00:38:56,600 --> 00:39:01,040 Speaker 2: right wing that that was just completely over It was 752 00:39:01,120 --> 00:39:04,719 Speaker 2: completely impossible to overcome, even as he's clearly doing his 753 00:39:04,760 --> 00:39:07,239 Speaker 2: best yere to distance himself from Trump and say you 754 00:39:07,280 --> 00:39:09,759 Speaker 2: stay out of our elections, sir, We will never be 755 00:39:09,840 --> 00:39:13,000 Speaker 2: the fifty first state. And again, according to to David Dole, 756 00:39:13,080 --> 00:39:17,479 Speaker 2: that really was a sort of key tension point for 757 00:39:17,680 --> 00:39:19,719 Speaker 2: Canadians where they wanted nothing. 758 00:39:19,520 --> 00:39:19,759 Speaker 4: To do it. 759 00:39:19,840 --> 00:39:22,760 Speaker 2: David also pointed out the last several ads that Pierre 760 00:39:22,840 --> 00:39:26,120 Speaker 2: Polliab's team put out for the election, like they're closing 761 00:39:26,160 --> 00:39:30,400 Speaker 2: ads did not feature him at all, so which is 762 00:39:30,480 --> 00:39:33,279 Speaker 2: also not a great sign of how people are feeling 763 00:39:33,280 --> 00:39:33,759 Speaker 2: about your. 764 00:39:33,680 --> 00:39:37,640 Speaker 3: Candidate, that that post is giving Vladimir stop right, like 765 00:39:37,680 --> 00:39:42,120 Speaker 3: it looks so weak, it looks so weak, especially after 766 00:39:42,880 --> 00:39:47,120 Speaker 3: pauliev was, you know, sort of probe Trump in some 767 00:39:47,239 --> 00:39:50,760 Speaker 3: particular ways, like it just to have to then say 768 00:39:51,000 --> 00:39:54,320 Speaker 3: President Trump, stay out of our election like he's a toddler. 769 00:39:54,719 --> 00:39:56,920 Speaker 3: The other the flip side of those, of course, is 770 00:39:56,960 --> 00:40:02,399 Speaker 3: that first of all, the appetite in Canada for indulging 771 00:40:02,719 --> 00:40:05,400 Speaker 3: the United States. I mean, this isn't just about the 772 00:40:05,400 --> 00:40:08,360 Speaker 3: Trump administration. This is about the United States, because Canadians 773 00:40:08,400 --> 00:40:09,560 Speaker 3: know that there are a lot of people in the 774 00:40:09,600 --> 00:40:12,520 Speaker 3: United States that support the Trump administration, and so the 775 00:40:12,600 --> 00:40:17,239 Speaker 3: appetite for Canada now becoming anti US is strong. And 776 00:40:17,840 --> 00:40:19,480 Speaker 3: Eric Kaufman wrote about this. I want to say it 777 00:40:19,520 --> 00:40:22,320 Speaker 3: was the Free Press, but he wrote about how Trump's 778 00:40:22,400 --> 00:40:28,919 Speaker 3: approach to Canada, Greenland, but also just trade and populism 779 00:40:28,960 --> 00:40:32,759 Speaker 3: in general actually has the effect of undermining some of 780 00:40:32,760 --> 00:40:36,240 Speaker 3: his populist allies, people who he would want to build 781 00:40:36,360 --> 00:40:39,319 Speaker 3: up around the world. If Trump were engaged in this 782 00:40:39,400 --> 00:40:44,880 Speaker 3: like robust, ideological, coherent, ideological project to kind of realign 783 00:40:45,239 --> 00:40:48,359 Speaker 3: the entire world, that actually a lot of this ends 784 00:40:48,440 --> 00:40:50,759 Speaker 3: up undermining that goal because let's say you could have 785 00:40:50,760 --> 00:40:54,800 Speaker 3: had quallyev in Canada. You know, there are populist parties 786 00:40:54,840 --> 00:40:59,080 Speaker 3: in Europe. You know, is Trump hurting an AfD or 787 00:40:59,200 --> 00:41:02,319 Speaker 3: is he helped an AfD in Germany? Like it? Is 788 00:41:02,360 --> 00:41:06,319 Speaker 3: this sucking the winds out of Is this taking the 789 00:41:06,360 --> 00:41:09,600 Speaker 3: wind out of the sale of populism in some of 790 00:41:09,640 --> 00:41:12,879 Speaker 3: these places? You know, Mela, is he going to hurt 791 00:41:12,920 --> 00:41:14,680 Speaker 3: Mala At the end of the day. These are like 792 00:41:14,840 --> 00:41:18,440 Speaker 3: legitimate questions and something very interesting. We have a story 793 00:41:18,520 --> 00:41:21,080 Speaker 3: up and unheard on this right now, just this morning 794 00:41:21,120 --> 00:41:25,440 Speaker 3: about what happened in Canada. You know, what does it 795 00:41:25,520 --> 00:41:29,720 Speaker 3: like the future of the United States trade relationship with Canada? 796 00:41:30,239 --> 00:41:33,440 Speaker 3: Does this even work out well for the United States 797 00:41:33,719 --> 00:41:36,600 Speaker 3: when Canada now has the option to align with other 798 00:41:36,640 --> 00:41:39,480 Speaker 3: places and the Canadian people do not want to align 799 00:41:39,600 --> 00:41:41,799 Speaker 3: with the United States under Donald Trump. To the point 800 00:41:41,800 --> 00:41:44,279 Speaker 3: we were discussing earlier in the show, Crystal, does the 801 00:41:44,320 --> 00:41:47,520 Speaker 3: short term pain end up having, even by the Trump 802 00:41:47,560 --> 00:41:54,560 Speaker 3: administration zone logic, no long term gain because those even 803 00:41:54,560 --> 00:41:56,440 Speaker 3: in the short term, the relationships were damaged to the 804 00:41:56,440 --> 00:41:59,920 Speaker 3: point where there are in permanent realignments or at least 805 00:41:59,920 --> 00:42:03,279 Speaker 3: in definite realignments that happen out, you know, away from 806 00:42:03,320 --> 00:42:04,160 Speaker 3: the United States. 807 00:42:04,719 --> 00:42:05,000 Speaker 4: Yeah. 808 00:42:05,160 --> 00:42:07,520 Speaker 2: Now, Canadians did not hate us, and now they hate us. 809 00:42:07,640 --> 00:42:09,360 Speaker 2: I mean, if you look at the polling, like the 810 00:42:09,400 --> 00:42:12,279 Speaker 2: shift in attitudes of your average Canadian vs. 811 00:42:12,320 --> 00:42:12,480 Speaker 6: A v. 812 00:42:12,920 --> 00:42:17,560 Speaker 2: America has dramatically changed and now is incredibly negative. It's 813 00:42:17,600 --> 00:42:19,799 Speaker 2: somewhere you know, sixty five seventy percent are like, yeah, 814 00:42:19,920 --> 00:42:23,640 Speaker 2: screw these people, basically, and all of that effectively comes, 815 00:42:24,080 --> 00:42:26,879 Speaker 2: you know, from Trump, the fifty first state stuff, calling 816 00:42:26,960 --> 00:42:30,640 Speaker 2: him governor Trudeau, launching the trade war. All of that 817 00:42:31,040 --> 00:42:34,359 Speaker 2: has just really shifted attitudes and Cans have been very 818 00:42:34,400 --> 00:42:39,399 Speaker 2: unifying in terms of like Canadian nationalism and perspective. And 819 00:42:39,680 --> 00:42:43,160 Speaker 2: just to emphasize again how central Trump and the trade 820 00:42:43,200 --> 00:42:44,680 Speaker 2: war and whatever is, we can put this up on 821 00:42:44,680 --> 00:42:46,800 Speaker 2: the screen this next polling just to show you the 822 00:42:47,800 --> 00:42:51,080 Speaker 2: way that things unfolded here, just how down and out 823 00:42:51,520 --> 00:42:55,160 Speaker 2: the Liberals were. And you know, unlike here, the blue 824 00:42:55,200 --> 00:42:57,880 Speaker 2: is the Conservatives, the red is the Liberals. Most other places, 825 00:42:57,920 --> 00:43:01,160 Speaker 2: that's the way they do it. Anyway, we're reversed here 826 00:43:01,160 --> 00:43:03,800 Speaker 2: because we have to be special anyway. You can see 827 00:43:03,880 --> 00:43:07,040 Speaker 2: where Trudeau resigns. It really is at you know, a 828 00:43:07,160 --> 00:43:10,480 Speaker 2: nature of popularity for the Liberals, and I do think 829 00:43:10,560 --> 00:43:13,000 Speaker 2: part of the change in their fortunes is also the 830 00:43:13,040 --> 00:43:15,520 Speaker 2: fact that Okay, Trudeau's gone, we got a new dude. 831 00:43:16,000 --> 00:43:19,279 Speaker 2: And you could think of a worse resume than a 832 00:43:19,320 --> 00:43:22,000 Speaker 2: central banker to be at the helm when you're facing 833 00:43:22,040 --> 00:43:25,160 Speaker 2: this trade war. There was some potentially Mark Carney sort 834 00:43:25,160 --> 00:43:27,080 Speaker 2: of like fanfic about maybe he was the one or 835 00:43:27,400 --> 00:43:30,160 Speaker 2: organizing the Treasury bond sales behind the scenes. I don't 836 00:43:30,160 --> 00:43:32,759 Speaker 2: know that that's actually true, but in theory, he would 837 00:43:32,760 --> 00:43:35,560 Speaker 2: be the type of person who would understand the way 838 00:43:35,600 --> 00:43:38,280 Speaker 2: that you could, you know, you could utilize whatever leverage 839 00:43:38,320 --> 00:43:41,360 Speaker 2: that you have. Then you see the Trump threatening to 840 00:43:41,400 --> 00:43:44,680 Speaker 2: make Canada fifty first state and signing tariffs, and the 841 00:43:44,760 --> 00:43:48,399 Speaker 2: dramatic pull movement up to the present day where they're 842 00:43:48,400 --> 00:43:52,040 Speaker 2: able to, you know, to achieve this, this victory. And 843 00:43:52,080 --> 00:43:53,680 Speaker 2: then the last thing I wanted to put up on 844 00:43:53,680 --> 00:43:55,680 Speaker 2: the screen is I'm not sure that Trump is like 845 00:43:55,920 --> 00:43:59,560 Speaker 2: really that upset about this, even though to your point, Emily, like, 846 00:44:00,040 --> 00:44:02,279 Speaker 2: theoretically you would think you would prefer to have the 847 00:44:02,800 --> 00:44:06,600 Speaker 2: more right wing prime minister in Canada there to work with. 848 00:44:07,040 --> 00:44:10,799 Speaker 2: But he gave an extraordinary interview to the Atlantic, which 849 00:44:10,840 --> 00:44:12,719 Speaker 2: could be a whole segment in and of itself, but 850 00:44:13,200 --> 00:44:15,279 Speaker 2: he got asked specifically about Canada. We can put this 851 00:44:15,320 --> 00:44:17,319 Speaker 2: part up on the screen, and he seems to just 852 00:44:17,320 --> 00:44:20,759 Speaker 2: sort of enjoy that he was so central, even if 853 00:44:20,760 --> 00:44:22,839 Speaker 2: the outcome is the opposite of the one you would 854 00:44:22,880 --> 00:44:24,759 Speaker 2: think that he would intend. So let me just read this. 855 00:44:25,440 --> 00:44:27,680 Speaker 2: They say you seriously want them to become a state 856 00:44:27,760 --> 00:44:29,839 Speaker 2: talking about Canada, he says, I think it'd be great, 857 00:44:30,280 --> 00:44:32,720 Speaker 2: and then they say a hell of a big democratic state. 858 00:44:33,080 --> 00:44:35,160 Speaker 2: A lot of people say that, But I'm okay with 859 00:44:35,239 --> 00:44:37,920 Speaker 2: it if it has to be, because I think, you know, actually, 860 00:44:38,239 --> 00:44:41,160 Speaker 2: until I came along, I'm no political genius, but I 861 00:44:41,200 --> 00:44:44,080 Speaker 2: know which way they're going to vote. They have socialized medicine. 862 00:44:44,280 --> 00:44:46,920 Speaker 2: Trump says, you know, until I came along remember that 863 00:44:46,960 --> 00:44:50,080 Speaker 2: the Conservative was leading by twenty five points, and one 864 00:44:50,080 --> 00:44:52,680 Speaker 2: of the journalists says it's true, and he says, then 865 00:44:52,760 --> 00:44:55,399 Speaker 2: I was disliked by enough of the Canadians that I've 866 00:44:55,440 --> 00:44:58,160 Speaker 2: thrown the election into a close call. Right, I don't 867 00:44:58,160 --> 00:45:00,000 Speaker 2: even know if it's a close call. But the Conservative 868 00:45:00,160 --> 00:45:02,680 Speaker 2: they didn't like Governor Trudeaux too much and I would 869 00:45:02,680 --> 00:45:05,600 Speaker 2: call him Governor Trudeau, but he wasn't fond of that. 870 00:45:06,080 --> 00:45:06,799 Speaker 4: So I don't know. 871 00:45:06,840 --> 00:45:10,920 Speaker 2: Em seems like he just likes he likes that he 872 00:45:11,000 --> 00:45:15,560 Speaker 2: was central. He likes that he, you know, overturned what 873 00:45:15,640 --> 00:45:20,200 Speaker 2: was expected. He likes that he was this troublemaker in 874 00:45:20,320 --> 00:45:23,160 Speaker 2: terms of the Canadian elections. It doesn't seem like he's 875 00:45:23,200 --> 00:45:25,360 Speaker 2: too upset. He seems like he's bragging about the fact 876 00:45:25,680 --> 00:45:28,759 Speaker 2: that he handed this victory over to the Liberals. 877 00:45:29,239 --> 00:45:32,120 Speaker 3: Well, there's a more sinister reading of this too, which 878 00:45:32,360 --> 00:45:34,200 Speaker 3: was the piece that I referenced that we have up 879 00:45:34,239 --> 00:45:36,680 Speaker 3: and unheard this morning, makes this argument that if you're 880 00:45:36,719 --> 00:45:39,960 Speaker 3: Donald Trump and you actually want to undermine the stability 881 00:45:40,040 --> 00:45:42,520 Speaker 3: of Canada, one of the ways to do that might 882 00:45:42,600 --> 00:45:45,800 Speaker 3: be to take the person who's leading in the polls 883 00:45:46,080 --> 00:45:49,080 Speaker 3: and just throw it all up into complete chaos and 884 00:45:49,200 --> 00:45:51,680 Speaker 3: make the government more divided, which it ended up being. 885 00:45:51,719 --> 00:45:54,400 Speaker 3: So it wasn't a decisive win for the Conservatives, and 886 00:45:54,400 --> 00:45:57,880 Speaker 3: it ultimately wasn't a decisive win for the liberals. It's 887 00:45:58,040 --> 00:46:01,000 Speaker 3: much less of a kind of a state system at 888 00:46:01,000 --> 00:46:03,560 Speaker 3: this point. Now. I tend to think what we just 889 00:46:03,640 --> 00:46:06,359 Speaker 3: heard from Donald Trump in the Atlantic is probably as 890 00:46:06,360 --> 00:46:08,839 Speaker 3: close to the truth as we can get, which is that, Yeah, 891 00:46:09,080 --> 00:46:10,920 Speaker 3: he has another quote in that interview about how he 892 00:46:11,000 --> 00:46:13,440 Speaker 3: runs the world now that there's just something kind of 893 00:46:13,560 --> 00:46:16,200 Speaker 3: thrilling about being the leader of the United States and 894 00:46:16,239 --> 00:46:19,600 Speaker 3: being able to kind of wave your magic wand via 895 00:46:19,719 --> 00:46:23,919 Speaker 3: truth social and throw everything into complete and utter chaos. 896 00:46:23,719 --> 00:46:28,080 Speaker 3: There's no like coherent strategy to destabilize Canada behind it. 897 00:46:28,920 --> 00:46:32,760 Speaker 3: But at the same time, I mean, for like pauliev 898 00:46:32,880 --> 00:46:34,520 Speaker 3: was running when he was ahead, he was like running 899 00:46:34,520 --> 00:46:38,080 Speaker 3: against things like carbon tax. This really was a rejection 900 00:46:38,239 --> 00:46:42,640 Speaker 3: I've sort of left neoliberalism like Democratic Party, Obama, Trudeau, 901 00:46:42,960 --> 00:46:47,799 Speaker 3: Merkele neoliberalism and Chris I forget this was you who 902 00:46:47,840 --> 00:46:50,200 Speaker 3: was making this point. Trump also does seem to get 903 00:46:50,200 --> 00:46:54,279 Speaker 3: along with the cure starmers. Dare I say, Scott Bessen's 904 00:46:54,520 --> 00:46:58,360 Speaker 3: the Mark Carney types. So he might not be entirely 905 00:46:59,280 --> 00:47:02,919 Speaker 3: upset about this result because he now feels like maybe 906 00:47:02,960 --> 00:47:06,640 Speaker 3: he's someone he can like deal with, that he can 907 00:47:06,680 --> 00:47:09,200 Speaker 3: cut deals with. He doesn't necessarily want everyone to be 908 00:47:10,120 --> 00:47:12,440 Speaker 3: like a lap dog. He sort of enjoys the you 909 00:47:12,520 --> 00:47:16,399 Speaker 3: sare about the Tian Wow. He enjoys the lap dogs too. 910 00:47:16,480 --> 00:47:19,440 Speaker 3: But he also loves the fights. I mean, he irrelishes 911 00:47:19,640 --> 00:47:21,239 Speaker 3: the fights, which is why he was talking to the 912 00:47:21,239 --> 00:47:22,000 Speaker 3: Atlantic Yesterra. 913 00:47:22,400 --> 00:47:26,120 Speaker 2: Well, you know, he loves our girl Claudia down in Mexico. 914 00:47:26,000 --> 00:47:28,680 Speaker 3: So and he is so right about her. 915 00:47:30,560 --> 00:47:33,200 Speaker 2: So I don't know, I mean, I have no insight 916 00:47:33,280 --> 00:47:35,279 Speaker 2: into I did see somebody making that point. It's an 917 00:47:35,320 --> 00:47:37,640 Speaker 2: interesting one and one to watch, and I don't know 918 00:47:37,760 --> 00:47:41,600 Speaker 2: whether they'll get along or not. You know, because of 919 00:47:41,680 --> 00:47:45,879 Speaker 2: the antipathy that the Canadian public has towards Trump, specifically 920 00:47:45,880 --> 00:47:49,239 Speaker 2: into the American public now in general, he's Carney's going 921 00:47:49,280 --> 00:47:52,759 Speaker 2: to be under tremendous domestic political pressure to be extremely 922 00:47:52,840 --> 00:47:55,640 Speaker 2: tough when he's dealing with Trump, or at least to 923 00:47:55,680 --> 00:47:59,759 Speaker 2: project toughness with uh, you know, in fortitude when dealing 924 00:47:59,800 --> 00:48:02,520 Speaker 2: with Trump. That's effectively what he has been elected now 925 00:48:02,640 --> 00:48:05,120 Speaker 2: to do and to navigate this situation. 926 00:48:05,400 --> 00:48:07,160 Speaker 4: So yeah, I saw some of the right. 927 00:48:07,080 --> 00:48:08,960 Speaker 2: Wing cope like, oh, this a week in Canada and 928 00:48:08,960 --> 00:48:10,719 Speaker 2: now we can roll in the tanks or whatever. It 929 00:48:10,800 --> 00:48:14,040 Speaker 2: was the insanity that I was seeing on Twitter. But 930 00:48:14,400 --> 00:48:18,879 Speaker 2: you know, conservatives have to be very disappointed when there 931 00:48:18,960 --> 00:48:22,240 Speaker 2: seemed to be all of this wind at their back, 932 00:48:22,320 --> 00:48:26,200 Speaker 2: the vibe shift, all of that, and now you've got 933 00:48:26,360 --> 00:48:29,359 Speaker 2: liberals winning quite handily here and being able to form 934 00:48:29,400 --> 00:48:32,280 Speaker 2: a government with the you know, the lefties pretty easily, 935 00:48:32,360 --> 00:48:35,560 Speaker 2: and Pierre Poliev himself losing his own seat. 936 00:48:35,760 --> 00:48:36,680 Speaker 4: So there you go. 937 00:48:36,800 --> 00:48:39,400 Speaker 3: No, no, you're right, it's it's it's totally cope. There 938 00:48:39,400 --> 00:48:41,239 Speaker 3: were all kinds of thing pieces earlier in the year 939 00:48:41,280 --> 00:48:43,399 Speaker 3: about how this was the end of any of a 940 00:48:43,719 --> 00:48:46,120 Speaker 3: local era in Canada and populism was a send it. 941 00:48:46,440 --> 00:48:50,320 Speaker 3: Conservatives were rallying around, American conservatives were rallying around. Polyev 942 00:48:50,520 --> 00:48:54,200 Speaker 3: really liked him. He was going viral and American conservatives 943 00:48:54,200 --> 00:48:55,240 Speaker 3: circles apples. 944 00:48:55,239 --> 00:48:59,000 Speaker 2: People keep talking about some apple. Tell me I'm mess this. 945 00:48:59,600 --> 00:49:01,239 Speaker 3: It was a viral video that he did with and 946 00:49:01,640 --> 00:49:04,400 Speaker 3: Poaliev did where he was so he was being interviewed 947 00:49:05,120 --> 00:49:07,560 Speaker 3: by some it was like I want to say, like 948 00:49:07,600 --> 00:49:09,359 Speaker 3: Canadian broadcast like it was. 949 00:49:09,440 --> 00:49:09,759 Speaker 8: It was. 950 00:49:10,360 --> 00:49:14,160 Speaker 3: It was a tough, hostile interview, and he was very calmly, 951 00:49:14,840 --> 00:49:18,560 Speaker 3: kind of owning the reporter while he was munching on 952 00:49:18,800 --> 00:49:22,200 Speaker 3: an apple, very nonchalant, like he was just in this 953 00:49:22,320 --> 00:49:26,800 Speaker 3: casual conversation and kind of owning the guy with facts 954 00:49:26,880 --> 00:49:30,120 Speaker 3: and all of that stuff. You know, I was just 955 00:49:30,120 --> 00:49:33,879 Speaker 3: gonna say that facts and logic. So that's he went 956 00:49:33,920 --> 00:49:35,719 Speaker 3: really viral. That's probably the first time he got in 957 00:49:35,840 --> 00:49:38,960 Speaker 3: a lot of American conservatives radars, and he had other 958 00:49:39,000 --> 00:49:42,439 Speaker 3: moments like that that conservatives were loving. So to turn 959 00:49:42,480 --> 00:49:45,839 Speaker 3: around now and feel like pallyev he was, you know, 960 00:49:46,200 --> 00:49:49,080 Speaker 3: just this this loser all along, who was you know, 961 00:49:49,200 --> 00:49:51,600 Speaker 3: driving the Canadian right into the ground. I mean, that's 962 00:49:51,640 --> 00:49:54,640 Speaker 3: just not how people looked at him six months ago. 963 00:49:55,280 --> 00:49:57,560 Speaker 2: The other cope I saw is that, you know, the 964 00:49:57,640 --> 00:50:01,680 Speaker 2: reason he lost is because he didn't race Trump, and 965 00:50:01,719 --> 00:50:04,360 Speaker 2: that's what he should have then, you know, he should 966 00:50:04,360 --> 00:50:06,359 Speaker 2: have embraced Trump and then that would have led him 967 00:50:06,360 --> 00:50:09,279 Speaker 2: to victory. And I just, I mean, that's just utterly preposterous, 968 00:50:09,320 --> 00:50:11,800 Speaker 2: given how dramatically unpopular Trump is in Canada. 969 00:50:12,440 --> 00:50:15,640 Speaker 3: Yeah, that's obviously insane, but there's something about how weak 970 00:50:15,719 --> 00:50:18,120 Speaker 3: he looked by, you know, at first saying nice things 971 00:50:18,120 --> 00:50:20,279 Speaker 3: about Donald Trump and then having to say, I mean 972 00:50:20,280 --> 00:50:22,879 Speaker 3: he was in an impossible situation, then having to say, 973 00:50:23,200 --> 00:50:25,720 Speaker 3: mister president or President Trump, stay out of our election. 974 00:50:25,880 --> 00:50:31,360 Speaker 2: Yeah, it's just Donald stop, please leave us alone. 975 00:50:31,640 --> 00:50:33,640 Speaker 3: Yeah not great. 976 00:50:35,239 --> 00:50:37,719 Speaker 2: All right, Well, shall we turn to the Democrats and 977 00:50:38,120 --> 00:50:40,240 Speaker 2: what's going on with them? So you guys will probably 978 00:50:40,239 --> 00:50:44,080 Speaker 2: remember there was a significant race for a leadership fight 979 00:50:44,160 --> 00:50:47,440 Speaker 2: in the House between AOC who wanted to be ranking 980 00:50:47,480 --> 00:50:50,960 Speaker 2: member on the Oversight Committee, which basically it's a very 981 00:50:50,960 --> 00:50:53,399 Speaker 2: public facing role. It was a good fit for her 982 00:50:53,440 --> 00:50:56,439 Speaker 2: because she understands the media, she's feisty, she does well 983 00:50:56,440 --> 00:50:58,440 Speaker 2: in these committee hearings, et cetera. So she would be 984 00:50:58,480 --> 00:51:01,520 Speaker 2: in this prominent forward face role in the Democratic Party. 985 00:51:01,840 --> 00:51:06,520 Speaker 2: Nancy Pelosi intervened and instead got her man, Jerry Connolly 986 00:51:07,320 --> 00:51:10,360 Speaker 2: to across the finish line to be ranking member of 987 00:51:10,400 --> 00:51:13,759 Speaker 2: this committee. Now, it was known at the time that 988 00:51:14,000 --> 00:51:16,680 Speaker 2: Jerry Connolly is he's in his seventies and he also 989 00:51:17,000 --> 00:51:21,080 Speaker 2: is suffering from cancer and apparently that you know, the 990 00:51:21,120 --> 00:51:25,840 Speaker 2: cancer prognosis has just recently gotten worse, so he is 991 00:51:25,960 --> 00:51:30,000 Speaker 2: now saying he's stepping away from that role as ranking 992 00:51:30,040 --> 00:51:33,960 Speaker 2: Member of Oversight that he had just won over AOC. 993 00:51:34,120 --> 00:51:35,719 Speaker 2: Let's put this up on the screen. This is his 994 00:51:35,800 --> 00:51:39,319 Speaker 2: official statement. Jerry Connolly, By the way, I've met him 995 00:51:39,320 --> 00:51:42,440 Speaker 2: before a number of times. He represents a northern Virginia 996 00:51:42,480 --> 00:51:46,560 Speaker 2: suburban like Fairfax County District in Virginia and has for 997 00:51:46,600 --> 00:51:48,719 Speaker 2: a while. He used to be the head of the 998 00:51:49,000 --> 00:51:51,439 Speaker 2: Board of Supervisors in Fairfax County, so a long time 999 00:51:51,600 --> 00:51:54,120 Speaker 2: public official. Anyway, he says, Dear friends, I want to 1000 00:51:54,160 --> 00:51:56,640 Speaker 2: begin by thanking you for your good wishes and compassion 1001 00:51:56,640 --> 00:51:59,440 Speaker 2: as I continue to tackle my diagnosis. Your outpouring of 1002 00:51:59,520 --> 00:52:01,319 Speaker 2: love and support has given me strength in my fights 1003 00:52:01,320 --> 00:52:04,200 Speaker 2: both against cancer and our collective defensive democracy. When I 1004 00:52:04,239 --> 00:52:07,759 Speaker 2: announced my diagnosis six months ago, I promised transparency. After 1005 00:52:07,800 --> 00:52:10,640 Speaker 2: grueling treatments, we've learned the cancer, which was an initially 1006 00:52:10,640 --> 00:52:13,239 Speaker 2: beaten back, has now returned. I'll do everything possible to 1007 00:52:13,239 --> 00:52:15,440 Speaker 2: continue to represent you and thank you for your grace. 1008 00:52:15,640 --> 00:52:17,520 Speaker 2: The sun is setting on my time in public service. 1009 00:52:17,520 --> 00:52:20,080 Speaker 2: This will be my last term in Congress. I will 1010 00:52:20,120 --> 00:52:23,560 Speaker 2: be stepping back as ranking member of the Oversight Committee 1011 00:52:23,680 --> 00:52:25,920 Speaker 2: soon with no rancor, in a full heart, I'm move 1012 00:52:25,960 --> 00:52:28,000 Speaker 2: into this final chapter full of pride in what we've 1013 00:52:28,000 --> 00:52:30,840 Speaker 2: accomplished together over thirty years. My loving family and staff 1014 00:52:30,880 --> 00:52:32,960 Speaker 2: sustain me, My extended family. You all have been a 1015 00:52:33,040 --> 00:52:37,520 Speaker 2: joy to serve, your friend and public servant. And you know, 1016 00:52:37,840 --> 00:52:41,320 Speaker 2: I don't want to be an asshole here. I've met, 1017 00:52:41,360 --> 00:52:44,120 Speaker 2: like I said, I met Jerry Connolly, you know, interpersonally, 1018 00:52:44,440 --> 00:52:48,799 Speaker 2: very nice person. But if you truly believe yourself to 1019 00:52:48,840 --> 00:52:52,239 Speaker 2: be which I do, in this existential threat for the 1020 00:52:52,239 --> 00:52:56,840 Speaker 2: future of the country and democracy, you need to put 1021 00:52:57,080 --> 00:53:01,719 Speaker 2: your most effective players forward. And it was always very 1022 00:53:01,760 --> 00:53:04,959 Speaker 2: clear that that would not be Jerry Connolly at seventy 1023 00:53:05,040 --> 00:53:07,799 Speaker 2: years old in battling cancer. It would be someone like 1024 00:53:07,840 --> 00:53:11,319 Speaker 2: AOC who is leading the fight and is out there, 1025 00:53:11,400 --> 00:53:14,160 Speaker 2: you know, touring the country alongside Bernie Sanders and garnering 1026 00:53:14,200 --> 00:53:17,560 Speaker 2: record breaking crowds and understands new media, et cetera. And 1027 00:53:17,640 --> 00:53:20,719 Speaker 2: so here we are four months into the Trump administration 1028 00:53:20,960 --> 00:53:24,799 Speaker 2: and he's already having to step back emily from this 1029 00:53:24,960 --> 00:53:27,800 Speaker 2: role whatsoever. In terms of the who's going to be 1030 00:53:27,840 --> 00:53:30,520 Speaker 2: the replacement, It's not going to be AOC. She is 1031 00:53:30,520 --> 00:53:32,839 Speaker 2: no longer actually on this committee. She I guess got 1032 00:53:32,880 --> 00:53:36,279 Speaker 2: switched or both committees or whatever. Can put Ken Klippenstein, 1033 00:53:36,280 --> 00:53:38,360 Speaker 2: who's been all over this from the very beginning. 1034 00:53:38,680 --> 00:53:42,200 Speaker 3: Put the to say the very least about Ken. 1035 00:53:42,280 --> 00:53:45,480 Speaker 2: I tried, I tried to book Ken for us today, 1036 00:53:45,600 --> 00:53:48,080 Speaker 2: but he's like traveling right now and is just like 1037 00:53:48,200 --> 00:53:51,040 Speaker 2: killing him. Because yeah, all over this at the beginning. 1038 00:53:51,040 --> 00:53:53,080 Speaker 2: But anyway, put this next piece up on the screen. 1039 00:53:53,120 --> 00:53:55,479 Speaker 2: This is who looks to be set to replace him, 1040 00:53:55,680 --> 00:54:01,000 Speaker 2: another seventy year old representative, Stephen Lynch. Ken goes on 1041 00:54:01,080 --> 00:54:04,240 Speaker 2: to say his background is colorful. Lynch was apparently arrested 1042 00:54:04,239 --> 00:54:06,600 Speaker 2: at some point for drunkenly attacking a group of Iranian 1043 00:54:06,600 --> 00:54:10,440 Speaker 2: students protesting US intervention abroad. There are some other members 1044 00:54:10,440 --> 00:54:12,840 Speaker 2: on this committee who could have been interesting. Rocana is 1045 00:54:12,840 --> 00:54:16,200 Speaker 2: on this committee. Jasmine Crockett is also on this committee, 1046 00:54:16,200 --> 00:54:18,799 Speaker 2: so you don't have to go with another seventy year old. 1047 00:54:19,200 --> 00:54:22,279 Speaker 2: But yet here they are just like, this is the 1048 00:54:22,320 --> 00:54:25,439 Speaker 2: guy who's next in line seniority or leadership can rely 1049 00:54:25,520 --> 00:54:30,600 Speaker 2: on them or whatever. And it's absolutely incredible. I mean, 1050 00:54:30,600 --> 00:54:34,240 Speaker 2: Democrats have had multiple members die in office this session, 1051 00:54:34,960 --> 00:54:38,440 Speaker 2: which have led Republicans to you know, expand their margins 1052 00:54:38,440 --> 00:54:41,080 Speaker 2: by a little bit, and that little bit can make 1053 00:54:41,120 --> 00:54:43,800 Speaker 2: all the difference in terms of, you know, getting close 1054 00:54:43,880 --> 00:54:44,920 Speaker 2: legislation through the House. 1055 00:54:45,640 --> 00:54:49,200 Speaker 3: I'm so there's no committee that Democrats should have wanted 1056 00:54:49,360 --> 00:54:54,560 Speaker 3: a like very aware and healthy person on more than 1057 00:54:54,719 --> 00:54:57,080 Speaker 3: oversight for the first one hundred days of the second 1058 00:54:57,080 --> 00:55:00,600 Speaker 3: Trump administration. Like I am furious on be half of 1059 00:55:00,680 --> 00:55:04,719 Speaker 3: Democratic voters just thinking back on how insane it was. 1060 00:55:04,760 --> 00:55:08,319 Speaker 3: Like this is a concession that everyone who was concerned 1061 00:55:08,440 --> 00:55:12,719 Speaker 3: about Connolly getting this position was correct. This is him 1062 00:55:12,840 --> 00:55:15,600 Speaker 3: basically throwing in the towel and saying I'm not up 1063 00:55:15,600 --> 00:55:18,759 Speaker 3: to the job. Well, if you had had the humility 1064 00:55:19,200 --> 00:55:21,799 Speaker 3: and your supporters had had the humility to say that 1065 00:55:22,040 --> 00:55:25,319 Speaker 3: one hundred days ago, the Oversight Committee could have been 1066 00:55:25,719 --> 00:55:31,719 Speaker 3: much more robustly energetically pushing back on the Trump administration. 1067 00:55:31,960 --> 00:55:35,200 Speaker 3: It is just completely it's you know, all of this 1068 00:55:35,239 --> 00:55:37,000 Speaker 3: is obvious, what we're saying right now, but it is 1069 00:55:37,080 --> 00:55:42,359 Speaker 3: such a just obnoxious example of how wrong the old 1070 00:55:42,400 --> 00:55:45,279 Speaker 3: guard is, and how stubborn the old guard is, and 1071 00:55:45,280 --> 00:55:48,080 Speaker 3: how stuck in their way as the old guard is, 1072 00:55:48,160 --> 00:55:50,600 Speaker 3: and just how not up to the moment they are. 1073 00:55:51,160 --> 00:55:54,080 Speaker 3: It's just the sort of arrogance of the political class 1074 00:55:54,560 --> 00:55:58,759 Speaker 3: just being I think, you know, to some extent here 1075 00:55:59,280 --> 00:56:02,600 Speaker 3: put on fold display and again predictable and obvious. But 1076 00:56:03,760 --> 00:56:06,520 Speaker 3: the Oversight Committee is doing exactly what it says, like 1077 00:56:06,520 --> 00:56:10,000 Speaker 3: they have powers to call witnesses, like when Republicans were 1078 00:56:10,000 --> 00:56:13,640 Speaker 3: in the minority recently under Biden, the Oversight Committee, the 1079 00:56:13,680 --> 00:56:16,799 Speaker 3: Oversight Committee is where they felt they were doing their 1080 00:56:16,840 --> 00:56:19,879 Speaker 3: most important work. And it's because you can then call 1081 00:56:19,960 --> 00:56:23,759 Speaker 3: hearings and do Hunter Biden and Benghazi and all of 1082 00:56:23,800 --> 00:56:26,719 Speaker 3: those things come out of oversight. It's very powerful if 1083 00:56:26,760 --> 00:56:27,600 Speaker 3: you use it correctly. 1084 00:56:28,120 --> 00:56:31,440 Speaker 2: Yeah, and I remember when he won this or was 1085 00:56:31,480 --> 00:56:34,000 Speaker 2: going for this position at the time, which I could 1086 00:56:34,040 --> 00:56:36,560 Speaker 2: remember the exact language that he used, but he said 1087 00:56:36,600 --> 00:56:39,080 Speaker 2: something like I've waited a long time for this. It 1088 00:56:39,160 --> 00:56:42,400 Speaker 2: was very like I did my time. I'm next in line, 1089 00:56:42,560 --> 00:56:47,120 Speaker 2: so I'm getting this seat. And Nancy Pelosi made sure 1090 00:56:47,360 --> 00:56:50,760 Speaker 2: that he had the votes to be able to and again, 1091 00:56:50,960 --> 00:56:54,000 Speaker 2: like we all knew this was the reality. 1092 00:56:54,120 --> 00:56:58,080 Speaker 4: They knew this was the reality. This was utterly predictable. 1093 00:56:58,000 --> 00:57:01,000 Speaker 2: And so not only was it really you know, self 1094 00:57:01,040 --> 00:57:03,840 Speaker 2: serving for Jerry Connelly, even to put himself up for 1095 00:57:03,880 --> 00:57:09,160 Speaker 2: this position is extraordinarily you know, extraordinarily short sighted and 1096 00:57:09,239 --> 00:57:12,800 Speaker 2: weak move from Democratic leadership to push him for this 1097 00:57:12,960 --> 00:57:16,680 Speaker 2: spot and just speaks to a lack of seriousness and 1098 00:57:16,720 --> 00:57:20,440 Speaker 2: a lack of meeting the moment that has been characteristic 1099 00:57:20,520 --> 00:57:25,200 Speaker 2: across the board from the official Democratic leadership. And boy 1100 00:57:25,240 --> 00:57:28,640 Speaker 2: do I have another example of that Senator Schumer, who, 1101 00:57:28,720 --> 00:57:31,200 Speaker 2: of course, you know, capitulated the Republicans the one thing 1102 00:57:31,280 --> 00:57:33,600 Speaker 2: that where Democrats in the Senate really had some leverage. 1103 00:57:33,640 --> 00:57:37,040 Speaker 2: He completely you know, hands Republicans' major victory there. Now 1104 00:57:37,040 --> 00:57:41,360 Speaker 2: he's on CNN saying that, don't worry, he's in the fight. 1105 00:57:41,880 --> 00:57:46,960 Speaker 2: He has sent the Trump administration a strongly worded letter, Emily, 1106 00:57:47,280 --> 00:57:50,360 Speaker 2: so he will await their response. Let's take a listen 1107 00:57:50,480 --> 00:57:51,520 Speaker 2: to what he had to say. 1108 00:57:51,840 --> 00:57:53,960 Speaker 9: But it's also going to hurt the kind of medical 1109 00:57:54,000 --> 00:57:57,040 Speaker 9: research and other kinds of great research that has done 1110 00:57:57,280 --> 00:57:59,800 Speaker 9: at Harvard and other universities. So we sent him a 1111 00:58:00,080 --> 00:58:04,680 Speaker 9: very strong letter just the other day, tell asking eight 1112 00:58:05,040 --> 00:58:08,760 Speaker 9: very strong questions about why this isn't just a pretext. 1113 00:58:09,000 --> 00:58:10,800 Speaker 3: Well, you'll let us know if you get a response 1114 00:58:10,840 --> 00:58:13,440 Speaker 3: to that letter. I do want to I love it, 1115 00:58:14,080 --> 00:58:18,880 Speaker 3: seven not say seven strongly worded questions, eight strongly worded. 1116 00:58:18,720 --> 00:58:23,040 Speaker 4: Questions, very strong, very strong questions. He said, I love that. 1117 00:58:23,160 --> 00:58:25,080 Speaker 2: Dana's like, okay, you let me know when they get 1118 00:58:25,080 --> 00:58:27,240 Speaker 2: back to you on that one, sure, buddy, Like, it's 1119 00:58:27,320 --> 00:58:28,440 Speaker 2: just you can't make it up. 1120 00:58:28,520 --> 00:58:30,800 Speaker 4: It's so pathetic. It is so utterly pathetic. 1121 00:58:31,760 --> 00:58:35,640 Speaker 3: It's insane that he was on live television and thought 1122 00:58:35,680 --> 00:58:37,440 Speaker 3: that was a good thing to say, Like, are you 1123 00:58:37,680 --> 00:58:41,080 Speaker 3: listening to yourself? You know that you were stepping straight 1124 00:58:41,200 --> 00:58:45,000 Speaker 3: into a joke. Buddy. This is the minority, this is 1125 00:58:45,000 --> 00:58:47,800 Speaker 3: the head of Senate Democrats for how many years, and 1126 00:58:47,920 --> 00:58:50,200 Speaker 3: he can't even get through an interview without saying something 1127 00:58:50,200 --> 00:58:52,360 Speaker 3: as stupid as that. I mean, it's come on. 1128 00:58:52,360 --> 00:58:55,000 Speaker 2: Man, I miss Harry Reid. That's what I got to 1129 00:58:55,000 --> 00:58:59,080 Speaker 2: say about that. I miss Harry Reid. Harry he would never, No, 1130 00:58:59,160 --> 00:59:02,800 Speaker 2: he would never. Meanwhile, you've got you know, they're just 1131 00:59:03,360 --> 00:59:07,400 Speaker 2: the again, the leadership. They are just thrashing around trying 1132 00:59:07,400 --> 00:59:09,640 Speaker 2: to figure out where to be, what to say. They've 1133 00:59:09,720 --> 00:59:11,920 Speaker 2: recognized at this point that the base wants them to 1134 00:59:11,960 --> 00:59:15,000 Speaker 2: do more, so you know, their response is things like 1135 00:59:15,120 --> 00:59:19,520 Speaker 2: Senator Schumer sending eight strong questions in a strongly worded letter, 1136 00:59:19,880 --> 00:59:24,320 Speaker 2: and then Hakeem Jeffries and Corey Booker did some sort 1137 00:59:24,360 --> 00:59:28,240 Speaker 2: of a like live show out on the Capital steps, 1138 00:59:28,680 --> 00:59:31,800 Speaker 2: which everything it's just, you know, it's just a little odd. 1139 00:59:31,880 --> 00:59:35,400 Speaker 2: I will say that the Corey Booker speech, it didn't 1140 00:59:35,480 --> 00:59:39,160 Speaker 2: really it really didn't do it for me because of 1141 00:59:39,160 --> 00:59:41,880 Speaker 2: a variety. You know, it wasn't really about anything. And 1142 00:59:42,040 --> 00:59:45,360 Speaker 2: you know, it's felt to me very performative, although impressive, 1143 00:59:45,440 --> 00:59:47,920 Speaker 2: like listen, to hold your bladder that long is extraordinary, 1144 00:59:48,000 --> 00:59:50,240 Speaker 2: if in fact that's true, just to speak for that long, 1145 00:59:50,280 --> 00:59:53,800 Speaker 2: I can't even imagine. But I have to say, liberals 1146 00:59:53,920 --> 00:59:57,320 Speaker 2: ate that shit up. They loved it. They absolutely loved it. 1147 00:59:57,360 --> 00:59:59,160 Speaker 2: They see him as a hero. And this shows you, 1148 00:59:59,480 --> 01:00:01,560 Speaker 2: like the bar it is not that high. They just 1149 01:00:01,600 --> 01:00:05,320 Speaker 2: want people to do something, even though something is just 1150 01:00:05,360 --> 01:00:07,680 Speaker 2: like standing and talking for a while, right. 1151 01:00:07,520 --> 01:00:08,960 Speaker 3: Because that's a great that's a great point because that 1152 01:00:08,960 --> 01:00:12,640 Speaker 3: philibuster didn't have any legislative goal. Like literally, they just 1153 01:00:12,760 --> 01:00:18,280 Speaker 3: were lapping up Corey Booker demonstrating how like passionately he 1154 01:00:18,480 --> 01:00:21,960 Speaker 3: was anti Trump and anti this administration. And it was 1155 01:00:22,000 --> 01:00:24,800 Speaker 3: actually smart because he was like live on TikTok and 1156 01:00:24,840 --> 01:00:28,280 Speaker 3: breaking records and it you know, as I think vapid 1157 01:00:28,320 --> 01:00:31,400 Speaker 3: as it was, it just rallied the troops because people 1158 01:00:31,400 --> 01:00:32,000 Speaker 3: are desperate. 1159 01:00:32,440 --> 01:00:33,160 Speaker 4: Yeah that's right. 1160 01:00:33,200 --> 01:00:35,800 Speaker 2: But in any case, it came Jeffrey's Corey Booker do 1161 01:00:35,880 --> 01:00:38,320 Speaker 2: this hangout live stream thing on the Capitol steps. Let 1162 01:00:38,360 --> 01:00:40,520 Speaker 2: me give you just just just a little taste of 1163 01:00:40,560 --> 01:00:42,800 Speaker 2: it them like just a little taste, And I want. 1164 01:00:42,720 --> 01:00:46,440 Speaker 8: You all to know, I miss Obama, I miss Obama, 1165 01:00:47,880 --> 01:00:50,960 Speaker 8: I miss Obama, I miss Obama, and I. 1166 01:00:50,920 --> 01:00:52,680 Speaker 4: Miss I miss her husband too. 1167 01:00:55,800 --> 01:01:00,200 Speaker 8: We'll be pushing back against the Republican efforts to am 1168 01:01:00,360 --> 01:01:04,240 Speaker 8: this far right extreme budget down the throats of the 1169 01:01:04,280 --> 01:01:07,160 Speaker 8: American people, and we wanted to make sure that heading 1170 01:01:07,160 --> 01:01:10,640 Speaker 8: into that fight, we were very clear with our Republican 1171 01:01:10,680 --> 01:01:14,720 Speaker 8: colleagues there will not be a single Democratic vote to 1172 01:01:14,840 --> 01:01:17,200 Speaker 8: take away the healthcare of the American. 1173 01:01:16,760 --> 01:01:18,400 Speaker 3: People, not a sing law. 1174 01:01:19,040 --> 01:01:22,720 Speaker 2: Don't worry, Emily, the spirit of Barack Obama is alive 1175 01:01:22,760 --> 01:01:25,520 Speaker 2: and well in the fake ass speech cadence of people 1176 01:01:25,560 --> 01:01:29,000 Speaker 2: like Pete Boodaget and Corey Booker. So never fear. It 1177 01:01:29,120 --> 01:01:31,760 Speaker 2: just feels so try hard, you know, it just feels 1178 01:01:31,880 --> 01:01:32,640 Speaker 2: very like we're. 1179 01:01:32,520 --> 01:01:34,480 Speaker 4: Gonna be cool. We're going to do a thing. Here, 1180 01:01:34,520 --> 01:01:36,280 Speaker 4: we are doing a thing. I don't know. It just 1181 01:01:36,360 --> 01:01:37,200 Speaker 4: lands weird. 1182 01:01:37,400 --> 01:01:40,480 Speaker 3: And Hakim Jefferies is clearly his staff has clearly made 1183 01:01:40,520 --> 01:01:42,600 Speaker 3: a considered effort in the last couple of weeks to 1184 01:01:42,640 --> 01:01:45,480 Speaker 3: make sure that he does media mostly out of a suit. 1185 01:01:45,600 --> 01:01:47,520 Speaker 3: So like now they're putting him in a baseball cap 1186 01:01:47,560 --> 01:01:52,680 Speaker 3: and T shirts and his like sneakers. It's just so like, 1187 01:01:52,840 --> 01:01:57,080 Speaker 3: I'm casual every man, Like I'm just you know, your friend. 1188 01:01:57,360 --> 01:02:00,640 Speaker 3: It's very to your point, try hard, and it's so 1189 01:02:00,880 --> 01:02:04,960 Speaker 3: sudden it looks just cringe and it's again, we talked 1190 01:02:04,960 --> 01:02:08,160 Speaker 3: about this recently, but it's so strange for me because 1191 01:02:08,200 --> 01:02:11,560 Speaker 3: this used to be even like younger Republicans how they 1192 01:02:11,640 --> 01:02:14,280 Speaker 3: came across. And I'm not saying Republicans are like hip 1193 01:02:14,320 --> 01:02:17,200 Speaker 3: and spry either, because they're not. But it used to 1194 01:02:17,360 --> 01:02:19,520 Speaker 3: not be like this for Democrats, Like it used to 1195 01:02:19,600 --> 01:02:22,280 Speaker 3: be a lot easier for them, especially in the Obama era, 1196 01:02:22,680 --> 01:02:25,400 Speaker 3: to come across as normal human beings. But they're so 1197 01:02:25,880 --> 01:02:28,919 Speaker 3: they're overthinking it so much because they're so thrown off 1198 01:02:29,000 --> 01:02:33,240 Speaker 3: by like the youth shift and working class Hispanic voters. 1199 01:02:33,280 --> 01:02:35,840 Speaker 3: Some changes in the Black electorate, so it's just hard 1200 01:02:35,880 --> 01:02:38,720 Speaker 3: for them to figure out what they should do and 1201 01:02:38,760 --> 01:02:41,160 Speaker 3: they haven't landed on anything, so it ends up looking 1202 01:02:41,440 --> 01:02:44,840 Speaker 3: really awkward and there's no sign of that, you know, 1203 01:02:45,040 --> 01:02:46,640 Speaker 3: there's no sign of the light being at the end 1204 01:02:46,680 --> 01:02:47,480 Speaker 3: of that tunnel at all. 1205 01:02:47,960 --> 01:02:49,800 Speaker 2: And some of them, I mean, they're just so many 1206 01:02:49,840 --> 01:02:51,760 Speaker 2: of them are just like old and kind of lost 1207 01:02:51,800 --> 01:02:53,360 Speaker 2: at sea in the world of. 1208 01:02:53,280 --> 01:02:54,880 Speaker 4: Like the new social media. 1209 01:02:55,120 --> 01:02:57,080 Speaker 2: Like they be like, I should be doing a thing, 1210 01:02:57,160 --> 01:02:59,840 Speaker 2: but I don't really know what that thing is. And 1211 01:03:00,320 --> 01:03:02,800 Speaker 2: so much of this too, is like just stop trying 1212 01:03:02,840 --> 01:03:05,960 Speaker 2: to be something you're not. Like Keem Jeffries. You're never 1213 01:03:06,000 --> 01:03:08,520 Speaker 2: going to be a firebrand. You're never gonna be that 1214 01:03:08,680 --> 01:03:12,080 Speaker 2: like super relatable cool guy. That's just not who you are. 1215 01:03:12,280 --> 01:03:14,240 Speaker 2: I mean, look to go back to the Canada Black 1216 01:03:14,480 --> 01:03:18,760 Speaker 2: Mark Carney is like the ultimate technocrat and he just 1217 01:03:18,840 --> 01:03:20,640 Speaker 2: leans into it and people are like, Okay, that's who 1218 01:03:20,680 --> 01:03:23,000 Speaker 2: he is, you know. I mean Bernie Sanders, like he's 1219 01:03:23,040 --> 01:03:25,440 Speaker 2: not out there trying to do a thing. He just 1220 01:03:25,640 --> 01:03:30,600 Speaker 2: is himself. That's that's it. That's just stop trying so hard. 1221 01:03:30,880 --> 01:03:33,200 Speaker 2: On the other hand, I'd be remiss if I didn't say, 1222 01:03:33,520 --> 01:03:37,400 Speaker 2: Chuck Schumer's strategy, I'd just basically like wait around and 1223 01:03:37,480 --> 01:03:40,439 Speaker 2: let the Republicans hang themselves is kind of panning out. 1224 01:03:41,400 --> 01:03:44,440 Speaker 2: Not only have we covered extensively Trump's numbers at one 1225 01:03:44,480 --> 01:03:47,959 Speaker 2: hundred days, obviously they're really bad across the board, even 1226 01:03:48,000 --> 01:03:51,080 Speaker 2: his best issue of immigration, he's now underwater, especially when 1227 01:03:51,080 --> 01:03:55,200 Speaker 2: you ask about specifics foreign policy. But most importantly, his 1228 01:03:55,280 --> 01:03:58,880 Speaker 2: economic numbers have fallen off a cliff, and predictably that 1229 01:03:59,040 --> 01:04:02,040 Speaker 2: is having a major packed on the down ballot races. 1230 01:04:02,080 --> 01:04:05,200 Speaker 2: I think Republicans just basically expect to lose the House 1231 01:04:05,480 --> 01:04:08,800 Speaker 2: at this point. It's almost like a foregone conclusion, given 1232 01:04:08,840 --> 01:04:10,800 Speaker 2: that we're nowhere near out of the woods with regard 1233 01:04:10,840 --> 01:04:13,520 Speaker 2: to the economic pain either. Harry Enton just did a 1234 01:04:13,560 --> 01:04:17,320 Speaker 2: piece on the unpopularity of the Republican Party and how 1235 01:04:17,320 --> 01:04:19,520 Speaker 2: it may translate to midterm losses. Let's go ahead and 1236 01:04:19,520 --> 01:04:20,160 Speaker 2: take a listen to that. 1237 01:04:20,520 --> 01:04:23,640 Speaker 10: Democrats versus Republicans. We have three polls out within the 1238 01:04:23,680 --> 01:04:24,480 Speaker 10: last few weeks. 1239 01:04:24,640 --> 01:04:25,640 Speaker 4: What do they all show? 1240 01:04:25,920 --> 01:04:28,440 Speaker 10: They all show the Democrats up by two points in 1241 01:04:28,480 --> 01:04:30,960 Speaker 10: the CNBC poll, the Fox News poll that was out 1242 01:04:31,000 --> 01:04:33,360 Speaker 10: on Friday. Look at that Democrats up by seven the 1243 01:04:33,400 --> 01:04:36,120 Speaker 10: New York Times poll that was out this Friday as well, 1244 01:04:36,280 --> 01:04:39,760 Speaker 10: Democrats by three. And keep in mind the House GOP 1245 01:04:40,200 --> 01:04:43,320 Speaker 10: won the popular vote back in twenty twenty four by 1246 01:04:43,320 --> 01:04:45,640 Speaker 10: a little less than three percentage points. So when you 1247 01:04:45,680 --> 01:04:49,320 Speaker 10: see three seven to two averaging four, that is a 1248 01:04:49,360 --> 01:04:52,200 Speaker 10: tremendous shift. That is a shift of seven points from 1249 01:04:52,240 --> 01:04:55,400 Speaker 10: the November twenty twenty four elections away from the GOP. 1250 01:04:55,680 --> 01:04:58,080 Speaker 10: You look at Trump's net federal rating in October of 1251 01:04:58,120 --> 01:05:00,760 Speaker 10: twenty twenty four coin in New York Times minus nine points. 1252 01:05:00,840 --> 01:05:03,880 Speaker 10: Look at where it is now minus thirty points among independence. 1253 01:05:03,920 --> 01:05:06,720 Speaker 10: That's horrific, that's historically awful. Take a look at the 1254 01:05:06,720 --> 01:05:09,920 Speaker 10: generic ballot in October of twenty twenty four. The Democrats 1255 01:05:10,000 --> 01:05:12,080 Speaker 10: were ahead, but only by three, well within the margin 1256 01:05:12,160 --> 01:05:15,760 Speaker 10: of our Look at where they are now, up seventeen points. 1257 01:05:15,880 --> 01:05:18,840 Speaker 10: There is no way on God's green earth that the 1258 01:05:18,880 --> 01:05:21,440 Speaker 10: Republicans can hold on to the House of Representatives if 1259 01:05:21,440 --> 01:05:26,520 Speaker 10: they lose independence by seventeen percentage points. My goodness, gracious. 1260 01:05:26,320 --> 01:05:27,160 Speaker 4: What do you think about that? 1261 01:05:27,320 --> 01:05:32,240 Speaker 3: M I mean like, this is despite Democrats' best efforts, 1262 01:05:32,280 --> 01:05:34,880 Speaker 3: I think, And that's part of this is interesting too. 1263 01:05:34,920 --> 01:05:38,840 Speaker 3: Did you see Alyssa slock and dropping like F bombs recently. 1264 01:05:39,400 --> 01:05:41,480 Speaker 4: Did you see the stories about that? I did not 1265 01:05:41,600 --> 01:05:41,880 Speaker 4: see that. 1266 01:05:42,720 --> 01:05:44,640 Speaker 3: Yeah, The Hill had a whole story yesterday about how 1267 01:05:44,720 --> 01:05:47,800 Speaker 3: Dems are like embracing the F word, and my god, 1268 01:05:48,400 --> 01:05:50,400 Speaker 3: I feel like that happens every time a political party 1269 01:05:50,440 --> 01:05:53,760 Speaker 3: gets a little bit bestperate. But you know, it reminded 1270 01:05:53,800 --> 01:05:56,320 Speaker 3: me of the Hakim Jeffreys Corey Booker like just sitting 1271 01:05:56,320 --> 01:06:01,920 Speaker 3: on the steps chatting with people moment, because it's like, you, guys, 1272 01:06:02,720 --> 01:06:06,600 Speaker 3: what's working right now is Bernie Sanders and Alexandria Acosio 1273 01:06:06,640 --> 01:06:12,320 Speaker 3: Cortez going to Red States and holding fighting oligarchy, fighting 1274 01:06:12,440 --> 01:06:18,200 Speaker 3: oligarchy rallies, not Alyssa Slockin, you know, thinking that she's 1275 01:06:18,240 --> 01:06:22,880 Speaker 3: like a cool mom for dropping F bombs in an interview, 1276 01:06:22,960 --> 01:06:25,880 Speaker 3: like forcing herself to drop an F bomb in an interview. 1277 01:06:26,160 --> 01:06:28,200 Speaker 3: It g's just so bizarre. But I think the reason 1278 01:06:28,200 --> 01:06:31,360 Speaker 3: they're doing it, Crystal, is because they, like Hakim Jefferies 1279 01:06:31,400 --> 01:06:34,960 Speaker 3: and Corey Booker can't go full quote fight oligarchy. This 1280 01:06:35,120 --> 01:06:36,560 Speaker 3: is there and that's, by the way, what's good for 1281 01:06:36,600 --> 01:06:39,280 Speaker 3: the party, Uh, what's good for them would be to 1282 01:06:39,360 --> 01:06:43,480 Speaker 3: embrace this anti oligarch message, but because they are also 1283 01:06:43,600 --> 01:06:48,440 Speaker 3: bankrolled by oligarchs, they're uncomfortable with that messaging. And that's 1284 01:06:48,440 --> 01:06:51,160 Speaker 3: why Alissa Slockin is now explicitly pushing back against it. 1285 01:06:51,200 --> 01:06:53,880 Speaker 3: And I think it's why Hakim Jeffries and Corey Booker 1286 01:06:54,160 --> 01:06:56,880 Speaker 3: maybe they clear the very low bar of you know, 1287 01:06:56,920 --> 01:06:59,640 Speaker 3: looking like they have at least some energy and aren't 1288 01:06:59,680 --> 01:07:03,320 Speaker 3: you know connolly. But at the same time, I think 1289 01:07:04,440 --> 01:07:08,480 Speaker 3: what Trump is struggling with is coming without actually a 1290 01:07:08,520 --> 01:07:12,120 Speaker 3: decent resistance from the Democratic Party, and so that goes 1291 01:07:12,160 --> 01:07:14,680 Speaker 3: to show like, what could this be? Like I mean again, 1292 01:07:14,720 --> 01:07:17,560 Speaker 3: like Donald Trump has barely won a couple of elections. 1293 01:07:17,560 --> 01:07:19,920 Speaker 3: This man came off being the host of Celebrity Apprentice, 1294 01:07:19,920 --> 01:07:23,640 Speaker 3: Like Hillary Clinton was terrible, Joe Biden was terrible, Kamala 1295 01:07:23,640 --> 01:07:27,520 Speaker 3: Harris was terrible. That's how bad Dems have been. It's 1296 01:07:27,600 --> 01:07:31,080 Speaker 3: not any I think special testament to Donald Trump being 1297 01:07:31,240 --> 01:07:33,840 Speaker 3: super attractive and likable. I think he's a smart politician 1298 01:07:33,880 --> 01:07:37,200 Speaker 3: with his base. But it's not like the entire country 1299 01:07:37,560 --> 01:07:40,040 Speaker 3: loves Donald Trump despite what he may say. It's just 1300 01:07:40,080 --> 01:07:44,640 Speaker 3: that consistently Dems have been worse than Trump, except for Biden. 1301 01:07:45,000 --> 01:07:47,120 Speaker 3: In twenty twenty in the middle of the pandemic. So 1302 01:07:47,680 --> 01:07:49,840 Speaker 3: they in ten years they have not figured out a 1303 01:07:49,840 --> 01:07:51,800 Speaker 3: way to be slightly better than Donald Trump. 1304 01:07:52,720 --> 01:07:56,560 Speaker 2: Yeah, well, your point about slock In and Jefferson Booker too, 1305 01:07:56,840 --> 01:08:00,000 Speaker 2: is really well taken. And I've never seen anything more 1306 01:08:00,000 --> 01:08:03,600 Speaker 2: horror manufactured than the like pushing slot Eliza Slockin on us, 1307 01:08:03,960 --> 01:08:07,200 Speaker 2: like no one wanted this. The Democratic leadership for some 1308 01:08:07,280 --> 01:08:10,280 Speaker 2: reason was like this lady, she's the real future of 1309 01:08:10,320 --> 01:08:12,600 Speaker 2: a party. We're gonna have her do the response to 1310 01:08:12,640 --> 01:08:15,120 Speaker 2: the state of the Union. We're gonna have her lead 1311 01:08:15,320 --> 01:08:17,799 Speaker 2: our effort to you know, tamp down all this anti 1312 01:08:17,840 --> 01:08:21,000 Speaker 2: oligarchy talk that's getting a little too popular among our 1313 01:08:21,120 --> 01:08:23,880 Speaker 2: normy Democrat base. But to your point, you know, I 1314 01:08:23,920 --> 01:08:27,200 Speaker 2: think the I think the things that have really landed 1315 01:08:27,520 --> 01:08:30,639 Speaker 2: with the liberal base has been number one, the Stop 1316 01:08:30,680 --> 01:08:32,559 Speaker 2: Oligarchy Tour, the Fight Oligarchy Tour. 1317 01:08:33,360 --> 01:08:33,920 Speaker 4: Number two. 1318 01:08:34,360 --> 01:08:36,880 Speaker 2: You know, people like Jasmine Crockett who just can like 1319 01:08:37,080 --> 01:08:39,840 Speaker 2: dish it out and really is it just has this 1320 01:08:40,000 --> 01:08:42,360 Speaker 2: vibe and this energy. She's not going to take any shit, 1321 01:08:42,479 --> 01:08:44,519 Speaker 2: and she's gonna like get out there and get in 1322 01:08:44,560 --> 01:08:48,439 Speaker 2: your face. Whatever Cory Booker's speech, whether I like it 1323 01:08:48,520 --> 01:08:50,400 Speaker 2: or not. I mean, listen, he did a thing, okay, 1324 01:08:50,800 --> 01:08:53,320 Speaker 2: the like liberals loved it. The other thing is the 1325 01:08:53,720 --> 01:08:57,200 Speaker 2: Chris van Holland going to El Salvador, which you know, 1326 01:08:57,280 --> 01:09:00,559 Speaker 2: to me is a study in contrast between Core Booker's thing, 1327 01:09:00,600 --> 01:09:05,320 Speaker 2: which was actually basically about nothing about like him positioning 1328 01:09:05,400 --> 01:09:09,880 Speaker 2: himself as a resistance fighter, whereas Chris van Holland, you know, 1329 01:09:09,960 --> 01:09:12,600 Speaker 2: he actually did a thing like he went. It was 1330 01:09:12,640 --> 01:09:15,720 Speaker 2: a real issue, it was some personal riskue himself. It's 1331 01:09:15,760 --> 01:09:18,640 Speaker 2: a risky political issue, and obviously Bikelly did all he 1332 01:09:18,680 --> 01:09:21,360 Speaker 2: could to make the optics as terrible as possible, et cetera. 1333 01:09:21,920 --> 01:09:24,439 Speaker 2: And you know, I think his actions really kept that 1334 01:09:24,479 --> 01:09:28,480 Speaker 2: story alive and has helped to move public opinion dramatically 1335 01:09:28,920 --> 01:09:31,920 Speaker 2: against the Trump administration, not only specifically in that case, 1336 01:09:31,960 --> 01:09:34,840 Speaker 2: but that's what helped to drag them underwater on immigration 1337 01:09:34,960 --> 01:09:38,000 Speaker 2: in general. So and since then you've seen some other 1338 01:09:38,160 --> 01:09:41,800 Speaker 2: representatives and senators follow suit and going to visit people 1339 01:09:41,840 --> 01:09:45,160 Speaker 2: who are detained because they you know, published an obed 1340 01:09:45,400 --> 01:09:48,639 Speaker 2: or had some you know, pro Palestine speech or whatever. 1341 01:09:49,640 --> 01:09:52,879 Speaker 2: You saw other members also travel down to El Salvador. 1342 01:09:52,920 --> 01:09:55,559 Speaker 2: So that really set a model for for Democrats moving forward, 1343 01:09:55,760 --> 01:09:58,200 Speaker 2: who actually wanted to do something and not just like 1344 01:09:58,240 --> 01:09:59,800 Speaker 2: sit on the steps of the Capitol and talk about 1345 01:09:59,800 --> 01:10:01,200 Speaker 2: how which they missed Barack Obama. 1346 01:10:03,040 --> 01:10:05,920 Speaker 3: Well, okay, so I think with the base, it makes 1347 01:10:05,960 --> 01:10:07,960 Speaker 3: sense to me that that would be sort of that 1348 01:10:08,040 --> 01:10:09,400 Speaker 3: all of that would be a shot in the arm. 1349 01:10:09,439 --> 01:10:13,040 Speaker 3: I still think the van Holland and what was the 1350 01:10:13,160 --> 01:10:15,360 Speaker 3: oh the uh yeah, Well, I think the van Holland 1351 01:10:15,360 --> 01:10:18,479 Speaker 3: example in particular is like, I don't think they quite 1352 01:10:18,560 --> 01:10:20,840 Speaker 3: nailed the messaging for a broader audience, but I think 1353 01:10:20,840 --> 01:10:24,200 Speaker 3: he understood that what the Democratic Party's base, like the 1354 01:10:24,240 --> 01:10:27,479 Speaker 3: grassroots type people want right now is someone to like 1355 01:10:27,560 --> 01:10:29,680 Speaker 3: actually take personal risk and sect you. 1356 01:10:29,680 --> 01:10:31,560 Speaker 2: No, I really disagree with that, and I think it 1357 01:10:31,560 --> 01:10:33,080 Speaker 2: shows up in the polling. I mean, when we were 1358 01:10:33,120 --> 01:10:36,280 Speaker 2: looking yesterday at the best and the worst issues for Trump, 1359 01:10:36,560 --> 01:10:38,320 Speaker 2: his best issue and this was the New York Times 1360 01:10:38,360 --> 01:10:40,800 Speaker 2: Siena polling, which is, you know, considered to be one 1361 01:10:40,800 --> 01:10:42,679 Speaker 2: of the more credible pollsters and they do a large sample, 1362 01:10:42,680 --> 01:10:45,720 Speaker 2: et cetera. Best polling numbers were on immigration, though he 1363 01:10:45,760 --> 01:10:49,320 Speaker 2: was still underwater by four worst polling numbers was the 1364 01:10:49,320 --> 01:10:53,400 Speaker 2: handling of Kilmara Brego Garcia, So I think. I mean, 1365 01:10:53,439 --> 01:10:56,800 Speaker 2: the numbers I've seen are like twenty percent support what 1366 01:10:56,880 --> 01:11:01,200 Speaker 2: the Trump administration is doing there. So I do believe 1367 01:11:01,280 --> 01:11:04,600 Speaker 2: that the efforts of Chris van Holland and others to 1368 01:11:04,640 --> 01:11:07,640 Speaker 2: shine a light on that and to consistently explain, you know, 1369 01:11:07,680 --> 01:11:09,920 Speaker 2: this isn't really about this one guy, and however you 1370 01:11:09,960 --> 01:11:12,559 Speaker 2: may feel about him, this is about due process for 1371 01:11:12,640 --> 01:11:14,680 Speaker 2: all of us. This is about protecting all of our 1372 01:11:14,760 --> 01:11:17,360 Speaker 2: rights and your right to have your day in court 1373 01:11:17,600 --> 01:11:21,000 Speaker 2: before being sent for life to this you know, foreign 1374 01:11:21,200 --> 01:11:25,599 Speaker 2: goolog I think it's undeniable at this point that that 1375 01:11:25,680 --> 01:11:30,320 Speaker 2: messaging has landed and that it has dramatically turned people 1376 01:11:30,439 --> 01:11:33,920 Speaker 2: against the Trump administration's handling in that one specific case, 1377 01:11:34,120 --> 01:11:37,639 Speaker 2: with bleedover into how they feel about the immigration program 1378 01:11:38,000 --> 01:11:38,759 Speaker 2: read large. 1379 01:11:39,200 --> 01:11:41,920 Speaker 3: I think people definitely agree with that sentiment. I don't 1380 01:11:41,920 --> 01:11:44,040 Speaker 3: disagree that that's where the public has landed on it. 1381 01:11:44,080 --> 01:11:45,880 Speaker 3: I think it's a for me, it's an interesting case 1382 01:11:45,920 --> 01:11:50,400 Speaker 3: study and how Dems can misread or not misread that's 1383 01:11:50,439 --> 01:11:55,280 Speaker 3: the wrong word, how they can over maybe overread the 1384 01:11:55,320 --> 01:11:59,200 Speaker 3: public's position. Like it's easy to say, and actually I 1385 01:11:59,200 --> 01:12:01,519 Speaker 3: think Trump does this times too. It's easy to say, Okay, 1386 01:12:01,560 --> 01:12:04,240 Speaker 3: the public is with us, this is a winning issue. 1387 01:12:04,240 --> 01:12:08,400 Speaker 3: We can't be sending people to see caught on, you know, 1388 01:12:08,560 --> 01:12:12,519 Speaker 3: mistakes that your own administration's attorneys, your own DJ attorneys 1389 01:12:12,560 --> 01:12:16,160 Speaker 3: admit and like sucking up to the CALA and doing 1390 01:12:16,160 --> 01:12:19,800 Speaker 3: that weird stuff like nobody is like here for that. 1391 01:12:20,360 --> 01:12:24,040 Speaker 3: I think what Van Holland did then looked like the 1392 01:12:24,320 --> 01:12:26,439 Speaker 3: Trump administration was able to message it in a way 1393 01:12:26,439 --> 01:12:29,800 Speaker 3: that probably resonated with a lot of people as Dems 1394 01:12:29,840 --> 01:12:33,519 Speaker 3: actively trying to keep people who are not in the 1395 01:12:33,560 --> 01:12:35,559 Speaker 3: country legally in the country, even though it's not what 1396 01:12:35,600 --> 01:12:37,760 Speaker 3: the case is about. I think it's it's easy to 1397 01:12:37,800 --> 01:12:39,880 Speaker 3: get we probably just disagree on it. I just think 1398 01:12:39,880 --> 01:12:42,280 Speaker 3: it's easy to get caught in that trap of like 1399 01:12:42,960 --> 01:12:46,479 Speaker 3: not sticking on the narrow issue, but then also looking 1400 01:12:46,560 --> 01:12:50,280 Speaker 3: like you're in the position that most people disagree with 1401 01:12:50,400 --> 01:12:54,840 Speaker 3: because you kind of misread where people are on the 1402 01:12:54,920 --> 01:12:57,240 Speaker 3: narrow issue in and of itself. But we probably disagree 1403 01:12:57,280 --> 01:12:57,439 Speaker 3: in that. 1404 01:12:57,600 --> 01:12:58,040 Speaker 4: I mean I do. 1405 01:12:58,120 --> 01:13:00,600 Speaker 2: I do just disagree with the assess meant there. And 1406 01:13:00,600 --> 01:13:02,280 Speaker 2: I think at this point the polling bears it out 1407 01:13:02,280 --> 01:13:05,840 Speaker 2: pretty clearly that, you know, because the Trump administration had 1408 01:13:05,920 --> 01:13:09,320 Speaker 2: admitted fault in this case. It made it fairly clear 1409 01:13:09,800 --> 01:13:12,240 Speaker 2: cut of like you screwed up, bring the guy back, 1410 01:13:12,320 --> 01:13:16,200 Speaker 2: like what are you doing? And also because the Trump 1411 01:13:16,280 --> 01:13:19,240 Speaker 2: Trump himself was like, we're going for us born, you know, 1412 01:13:19,720 --> 01:13:23,559 Speaker 2: homegrown criminals next, it didn't take any imagination to go, oh, 1413 01:13:23,600 --> 01:13:27,360 Speaker 2: this isn't just about rights for undocumented immigrants. This is 1414 01:13:27,360 --> 01:13:28,880 Speaker 2: an assault on all He wants to be able to 1415 01:13:28,920 --> 01:13:32,160 Speaker 2: send anybody he wants and disappear into this dungeon. And 1416 01:13:32,920 --> 01:13:35,880 Speaker 2: you know, I think that really made it easier for 1417 01:13:35,960 --> 01:13:39,360 Speaker 2: Democrats to make the case that this matters for everyone. 1418 01:13:39,800 --> 01:13:40,680 Speaker 4: And you know, the. 1419 01:13:40,880 --> 01:13:45,639 Speaker 2: Tariff stuff politically is obviously extremely toxic, and it's also 1420 01:13:46,200 --> 01:13:49,800 Speaker 2: something that everyone is aware of their own material circumstances 1421 01:13:49,800 --> 01:13:52,720 Speaker 2: and the way they're being negatively impacted. So I think 1422 01:13:52,760 --> 01:13:55,680 Speaker 2: they were able to push the message about kill Maara 1423 01:13:55,720 --> 01:13:58,160 Speaker 2: Brego Garcia and the assault on rights and the way 1424 01:13:58,200 --> 01:14:01,840 Speaker 2: that this the implications this has for the broader immigration agenda. Well, 1425 01:14:01,880 --> 01:14:04,720 Speaker 2: obviously the tariff stuff is there and is not going 1426 01:14:04,800 --> 01:14:07,120 Speaker 2: away anytime soon, but we can we can agree to 1427 01:14:07,160 --> 01:14:09,000 Speaker 2: disagree on that one if you'd like, We'll come back 1428 01:14:09,000 --> 01:14:09,160 Speaker 2: to it. 1429 01:14:09,200 --> 01:14:10,000 Speaker 4: I'm sure another day. 1430 01:14:10,479 --> 01:14:11,920 Speaker 3: Oh, Yeah, there'll be plenty to talk about.