1 00:00:00,680 --> 00:00:04,200 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics, 2 00:00:04,400 --> 00:00:07,160 Speaker 1: where we discuss the top political headlines with some of 3 00:00:07,200 --> 00:00:11,200 Speaker 1: today's best minds. And a federal judge has blocked Florida's 4 00:00:11,200 --> 00:00:14,440 Speaker 1: ban on gender firm and care for trans youth. We 5 00:00:14,600 --> 00:00:19,880 Speaker 1: have such an interesting show today. Nprs Miles Parks stop 6 00:00:19,960 --> 00:00:23,599 Speaker 1: spy to talk to us about Republicans' latest fuckery with 7 00:00:23,720 --> 00:00:26,440 Speaker 1: the voter rolls. Then we'll talk to the New York 8 00:00:26,480 --> 00:00:30,720 Speaker 1: Times Ryan Mack about the bleak future in store for 9 00:00:30,880 --> 00:00:34,559 Speaker 1: Elon Musk's Twitter. But first we have the host of 10 00:00:34,760 --> 00:00:39,200 Speaker 1: the Think Like an Economist podcast, University of Michigan Professor 11 00:00:40,080 --> 00:00:45,880 Speaker 1: Justin Wolfers. Welcome to Fast Politics. 12 00:00:45,920 --> 00:00:49,440 Speaker 2: Welcome back Justin Fast Politics and Fast Economics. 13 00:00:49,479 --> 00:00:52,879 Speaker 3: Molly, Fast Economics. We need your help, man, I'm here 14 00:00:52,920 --> 00:00:53,240 Speaker 3: to help. 15 00:00:53,560 --> 00:00:58,960 Speaker 1: Let us talk first about the blockbuster jobs numbers. 16 00:00:59,320 --> 00:01:04,960 Speaker 2: The jobs we're blockbuster again, right, yeah, So let me 17 00:01:05,000 --> 00:01:08,440 Speaker 2: just give some context for your listeners. Yes, we economists 18 00:01:08,440 --> 00:01:12,280 Speaker 2: pay enormous attention to a monthly set of numbers called 19 00:01:12,319 --> 00:01:15,440 Speaker 2: the Jobs Report. Partly it's because we love it when 20 00:01:15,480 --> 00:01:18,000 Speaker 2: people find work. But it's not just that. This is 21 00:01:18,080 --> 00:01:22,119 Speaker 2: also the first big data release that tells us what 22 00:01:22,160 --> 00:01:25,120 Speaker 2: the economy was doing in May. So it's not just 23 00:01:25,200 --> 00:01:30,200 Speaker 2: that it's important, it's also that it's reliable and it's early, 24 00:01:30,480 --> 00:01:32,000 Speaker 2: and so it tells us when we get all the 25 00:01:32,000 --> 00:01:34,720 Speaker 2: rest of the indicators to May, it's also going to 26 00:01:34,800 --> 00:01:38,160 Speaker 2: say this economy just kept rocketing along. 27 00:01:38,280 --> 00:01:41,720 Speaker 1: There's a lot of anxiety here that we and this 28 00:01:41,760 --> 00:01:43,880 Speaker 1: has been going on for a while, that we were 29 00:01:43,920 --> 00:01:47,640 Speaker 1: going to go into a recession or something, you know, 30 00:01:47,640 --> 00:01:50,480 Speaker 1: that we were going to have a hard landing. These 31 00:01:50,600 --> 00:01:54,080 Speaker 1: jobs numbers explain why they're so relevant. 32 00:01:53,680 --> 00:01:57,080 Speaker 2: Right, So I will tell you, molly, Like every month 33 00:01:57,120 --> 00:02:00,280 Speaker 2: for the last maybe year and a half or two years, 34 00:02:00,600 --> 00:02:04,000 Speaker 2: literally every month a journalist has called me and said, boy, 35 00:02:04,280 --> 00:02:06,080 Speaker 2: do you think this means we're in a recession? 36 00:02:06,240 --> 00:02:06,440 Speaker 3: Right? 37 00:02:06,680 --> 00:02:10,480 Speaker 2: Every time, and in every single one of those months, 38 00:02:11,040 --> 00:02:15,800 Speaker 2: the economy has created more jobs than it normally does. 39 00:02:16,320 --> 00:02:19,840 Speaker 2: So it's not just that the economy is not a 40 00:02:19,919 --> 00:02:21,560 Speaker 2: lot of nuts. In that sentence, let me. 41 00:02:21,520 --> 00:02:26,440 Speaker 1: Go back, Yeah, tell us without the quadruple negatives. 42 00:02:26,440 --> 00:02:30,919 Speaker 4: Please, you're saying I should aure not the knots. Boom, yes, boom, 43 00:02:30,919 --> 00:02:35,760 Speaker 4: that's right. We got some real academic humor here. Continue. Yes, no, 44 00:02:35,880 --> 00:02:37,400 Speaker 4: I'm just kidding, hilarious. 45 00:02:37,600 --> 00:02:40,960 Speaker 2: Continue, So, if people thought we're in a recession, we 46 00:02:40,960 --> 00:02:43,840 Speaker 2: should be creating fewer jobs than we normally are, in fact, 47 00:02:43,880 --> 00:02:48,160 Speaker 2: we should be losing jobs. False and false. The opposite 48 00:02:48,200 --> 00:02:51,360 Speaker 2: of a recession is when we're creating jobs, and the 49 00:02:51,440 --> 00:02:54,600 Speaker 2: extreme opposite of a recession is when we're creating jobs 50 00:02:54,600 --> 00:02:55,560 Speaker 2: faster than usual. 51 00:02:55,800 --> 00:02:58,520 Speaker 3: Right, all of which is true right now. 52 00:02:58,280 --> 00:03:01,280 Speaker 2: All of which is true this month, last month, the 53 00:03:01,320 --> 00:03:03,440 Speaker 2: one before that, the one before that, and how long 54 00:03:03,440 --> 00:03:05,160 Speaker 2: do you want me to go on for molly okay? 55 00:03:05,320 --> 00:03:07,640 Speaker 1: On the internet, which we're trying to do less of, 56 00:03:07,919 --> 00:03:12,519 Speaker 1: but on Twitter, the tech bro crew, which includes Elon 57 00:03:12,639 --> 00:03:16,239 Speaker 1: Musk and his minions were mad about these job numbers 58 00:03:16,240 --> 00:03:17,920 Speaker 1: and felt that they weren't legit. 59 00:03:18,160 --> 00:03:21,880 Speaker 3: Can you explain a little bit about this incredibly dumb story. 60 00:03:22,240 --> 00:03:26,160 Speaker 2: Yeah, So, if you and you alone have a galaxy 61 00:03:26,200 --> 00:03:31,120 Speaker 2: brain that understands all of capitalism, which I do, Yes, 62 00:03:31,520 --> 00:03:35,280 Speaker 2: and some numbers come out that happen not to reflect 63 00:03:35,600 --> 00:03:39,000 Speaker 2: the reality that you see as you're walking down Sandhill 64 00:03:39,160 --> 00:03:44,960 Speaker 2: Road in Silicon Valley to buy an eighteen dollar latte. 65 00:03:47,240 --> 00:03:51,400 Speaker 3: We are really at peak naughtiness here. Justin continue, Yes, there's. 66 00:03:51,280 --> 00:03:55,200 Speaker 2: Only one conclusion you can draw, which is the numbers 67 00:03:55,280 --> 00:03:59,600 Speaker 2: must be fake. Reality could not possibly be anything else 68 00:04:00,240 --> 00:04:02,800 Speaker 2: you perceive it to be. I will tell you, Molly, 69 00:04:02,880 --> 00:04:05,960 Speaker 2: the fun thing about this is I teach freshman economics. 70 00:04:06,200 --> 00:04:09,600 Speaker 2: I have brilliant, wonderful eighteen year olds, and I teach 71 00:04:09,640 --> 00:04:12,400 Speaker 2: this stuff about how these numbers are calculated and so on, 72 00:04:12,800 --> 00:04:15,680 Speaker 2: and they fall a little bit of sleep because statistics 73 00:04:15,680 --> 00:04:19,400 Speaker 2: aren't for everyone. But any one of my freshmen could 74 00:04:19,440 --> 00:04:22,280 Speaker 2: fly out to Silicon Valley and I'm sure I could 75 00:04:22,279 --> 00:04:23,800 Speaker 2: get one of them out there for a mere two 76 00:04:23,839 --> 00:04:28,000 Speaker 2: thousand dollars an hour to give a quick little lecture 77 00:04:28,000 --> 00:04:30,360 Speaker 2: on how the numbers are collected. And let me tell you, 78 00:04:30,400 --> 00:04:33,800 Speaker 2: the moment someone tells you there's corruption involved, they're telling 79 00:04:33,800 --> 00:04:36,159 Speaker 2: you they don't know what they're saying. They could explain 80 00:04:36,200 --> 00:04:39,360 Speaker 2: the very simple mathematics of how it involves both addition 81 00:04:39,680 --> 00:04:44,640 Speaker 2: and subtraction and sometimes long division. And it turns out 82 00:04:44,760 --> 00:04:47,360 Speaker 2: the rest of the economy is just not necessarily what 83 00:04:47,480 --> 00:04:48,839 Speaker 2: your little bubble looks like. 84 00:04:49,400 --> 00:04:49,640 Speaker 3: Right. 85 00:04:50,040 --> 00:04:55,599 Speaker 1: Sometimes these numbers are adjusted after they're announced. Can you 86 00:04:55,720 --> 00:05:00,760 Speaker 1: explain a little bit about what where those factor into 87 00:05:00,960 --> 00:05:03,640 Speaker 1: I mean, have you seen big adjustments down and what 88 00:05:03,680 --> 00:05:04,359 Speaker 1: does that look like. 89 00:05:04,680 --> 00:05:07,520 Speaker 2: So here's how they collect the most important of those numbers, 90 00:05:07,560 --> 00:05:11,080 Speaker 2: which is called the Non farm Payrolls Report. Basically, every 91 00:05:11,120 --> 00:05:15,279 Speaker 2: big company in the country and a pretty good sampling 92 00:05:15,279 --> 00:05:18,240 Speaker 2: of smaller companies are asked every month to send in 93 00:05:18,279 --> 00:05:22,880 Speaker 2: a form or to electronically zap across a headcom to 94 00:05:23,040 --> 00:05:27,800 Speaker 2: the government, and then the government uses statistical voodoo otherwise 95 00:05:27,880 --> 00:05:31,520 Speaker 2: known as you know, just standard extrapolation to come up 96 00:05:31,560 --> 00:05:34,520 Speaker 2: with the numbers that you read about in the newspaper. Now, 97 00:05:34,560 --> 00:05:38,320 Speaker 2: sometimes it happens that the folks in the personnel department 98 00:05:38,360 --> 00:05:40,600 Speaker 2: are a little bit busy and they don't zap their 99 00:05:40,640 --> 00:05:43,600 Speaker 2: numbers across in time, and so every month they publish 100 00:05:43,720 --> 00:05:46,479 Speaker 2: the number before all the responses come back, and in 101 00:05:46,560 --> 00:05:50,800 Speaker 2: order to be responsible the next month, the statistical authorities so, well, 102 00:05:50,839 --> 00:05:53,719 Speaker 2: let's count all the forms that were returned, and so 103 00:05:53,800 --> 00:05:57,520 Speaker 2: they publish what's called the revised number. It is true 104 00:05:57,520 --> 00:06:00,560 Speaker 2: that the first number you read is an initial early 105 00:06:01,040 --> 00:06:05,160 Speaker 2: best guess. It is true that they're subsequently revised. One 106 00:06:05,160 --> 00:06:09,160 Speaker 2: of my favorite tech bro stories I've heard is that 107 00:06:09,200 --> 00:06:12,880 Speaker 2: they're always published is if the economy is strong, and 108 00:06:12,920 --> 00:06:16,320 Speaker 2: then later quietly Biden and his minions revise it down 109 00:06:16,720 --> 00:06:21,640 Speaker 2: when literally the exact opposite has been true over the 110 00:06:21,640 --> 00:06:24,720 Speaker 2: past few years. So it turns out these numbers ten 111 00:06:25,000 --> 00:06:28,080 Speaker 2: over a couple of months have been revised up more 112 00:06:28,120 --> 00:06:30,200 Speaker 2: often than down, But over a long run of history, 113 00:06:30,200 --> 00:06:33,479 Speaker 2: they're revised up and down roughly as often as each other, 114 00:06:33,800 --> 00:06:37,400 Speaker 2: and roughly as much under Republicans as Democrats. And this 115 00:06:37,560 --> 00:06:44,800 Speaker 2: is just an incredibly serious and boring statistical exercise, and 116 00:06:44,839 --> 00:06:47,560 Speaker 2: there's nothing more to it than meets the eye. 117 00:06:47,839 --> 00:06:50,479 Speaker 1: So I want to ask you, just I want to 118 00:06:50,640 --> 00:06:53,640 Speaker 1: get into this for another minute, even though it's so stupid. 119 00:06:54,000 --> 00:06:56,640 Speaker 1: Do you think it's a bad tension that we have 120 00:06:56,880 --> 00:06:59,360 Speaker 1: a certain And again, these are not all tech bros. 121 00:06:59,440 --> 00:07:02,520 Speaker 1: These are just very loudest ones, and they tend to 122 00:07:02,520 --> 00:07:05,159 Speaker 1: be the very libertarian ones. But do you think it's 123 00:07:05,279 --> 00:07:09,320 Speaker 1: bad that this crew is so convinced that the economy 124 00:07:09,400 --> 00:07:12,320 Speaker 1: is bad and wants to make it so or do 125 00:07:12,360 --> 00:07:15,480 Speaker 1: you think that's just a normal tension that we see. 126 00:07:15,760 --> 00:07:18,560 Speaker 2: Let me answer by broadening the lens and not just 127 00:07:18,680 --> 00:07:22,520 Speaker 2: picking on the tech bros. Right, So, the our word 128 00:07:23,120 --> 00:07:27,840 Speaker 2: recession is one we have just heard an absolutely relentless 129 00:07:27,920 --> 00:07:30,600 Speaker 2: drum beat of over the past two years, just month 130 00:07:30,640 --> 00:07:33,080 Speaker 2: after month, and each of your listeners has tuned into 131 00:07:33,120 --> 00:07:37,080 Speaker 2: a major TV station, or listen to a radio broadcast, 132 00:07:37,160 --> 00:07:40,080 Speaker 2: or read a headline from a major newspaper saying are 133 00:07:40,080 --> 00:07:42,960 Speaker 2: we in recession? Are we in recession? Are we in recession? 134 00:07:43,000 --> 00:07:46,000 Speaker 2: People are worried about a recession. And the amazing thing was, 135 00:07:46,040 --> 00:07:48,880 Speaker 2: if you're one of the statistical nerds that I am, 136 00:07:49,320 --> 00:07:53,600 Speaker 2: there never has been even a hint that we're in recession. 137 00:07:53,760 --> 00:07:56,920 Speaker 2: And so that raises this very deep question what the 138 00:07:56,960 --> 00:08:00,840 Speaker 2: hell's going on? And a bright young economists who came 139 00:08:00,920 --> 00:08:03,840 Speaker 2: up with this idea lovely expression. She called it a 140 00:08:03,960 --> 00:08:09,800 Speaker 2: vibe session. It's the vibe, man. The vibe is recessionary. 141 00:08:10,080 --> 00:08:14,280 Speaker 2: The reality, though, which is reflected in statistics, is not. 142 00:08:14,760 --> 00:08:18,120 Speaker 2: And I think it's kind of important because when I 143 00:08:18,160 --> 00:08:20,880 Speaker 2: say the reality is not, I am not saying your industry, 144 00:08:21,240 --> 00:08:24,840 Speaker 2: your job, your street, your part of the country is 145 00:08:24,840 --> 00:08:28,120 Speaker 2: doing okay. I don't know. What I do know is 146 00:08:28,120 --> 00:08:31,000 Speaker 2: when we add up the statistics across hundreds of millions 147 00:08:31,080 --> 00:08:34,520 Speaker 2: of people that on average, the economy today is doing 148 00:08:34,559 --> 00:08:37,880 Speaker 2: a lot better and has continued to improve for the 149 00:08:37,960 --> 00:08:41,440 Speaker 2: last couple of years. And so there's a deeper I 150 00:08:41,480 --> 00:08:44,640 Speaker 2: don't like saying this because normally I think the economics 151 00:08:44,840 --> 00:08:49,040 Speaker 2: media does a pretty good job, particularly from top outlets, 152 00:08:49,520 --> 00:08:52,960 Speaker 2: But this has been a case where the disjunction between 153 00:08:53,400 --> 00:08:58,000 Speaker 2: popular opinion and media reporting versus reality has been larger 154 00:08:58,040 --> 00:09:01,080 Speaker 2: than I've ever seen in my life. I don't have 155 00:09:01,120 --> 00:09:03,240 Speaker 2: a deep theory as to why, but I do know 156 00:09:03,559 --> 00:09:04,360 Speaker 2: that's true. 157 00:09:04,640 --> 00:09:06,480 Speaker 3: You don't have a deep theory into why. You want 158 00:09:06,520 --> 00:09:07,480 Speaker 3: to just make a gas. 159 00:09:07,840 --> 00:09:11,160 Speaker 2: I'll take a guess. So one, Molly, you might notice 160 00:09:11,200 --> 00:09:13,240 Speaker 2: that I'm on your show right now during the middle 161 00:09:13,240 --> 00:09:15,720 Speaker 2: of a booming economy. What are we talking about right now? 162 00:09:15,880 --> 00:09:16,640 Speaker 3: The economy? 163 00:09:16,960 --> 00:09:22,040 Speaker 2: Did you use the word recession when asking me some questions? Yes, okay, 164 00:09:22,080 --> 00:09:24,199 Speaker 2: so I'm talking about a recession because you asked me 165 00:09:24,240 --> 00:09:26,760 Speaker 2: about a recession, right, Molly, Why did you ask me 166 00:09:26,760 --> 00:09:27,480 Speaker 2: about a recession? 167 00:09:27,480 --> 00:09:29,400 Speaker 1: We're not in one, because there's been a lot of 168 00:09:29,400 --> 00:09:31,920 Speaker 1: anxiety about a recession. 169 00:09:32,000 --> 00:09:34,199 Speaker 2: So you have to talk about a recession because everyone 170 00:09:34,240 --> 00:09:36,680 Speaker 2: else is talking about a recession. Yes, and despite the 171 00:09:36,679 --> 00:09:38,680 Speaker 2: fact I know we're not in a recession, I'm talking 172 00:09:38,679 --> 00:09:40,920 Speaker 2: about a recession as well. It's a little bit of 173 00:09:40,920 --> 00:09:43,920 Speaker 2: a self reinforcing loop there. But let me give your 174 00:09:44,040 --> 00:09:49,440 Speaker 2: listeners to other explanations. One, there actually is something bad 175 00:09:49,480 --> 00:09:53,280 Speaker 2: going on at the moment. Inflation is high. Inflation sucks, right, 176 00:09:53,400 --> 00:09:55,079 Speaker 2: I hate it, it's awful. 177 00:09:55,920 --> 00:09:57,479 Speaker 3: I wanted to ask you about. 178 00:09:57,520 --> 00:09:59,920 Speaker 2: Yeah, so good. You've now got my bold opinion. I'm again. 179 00:10:01,080 --> 00:10:05,520 Speaker 1: Hey, so it's high, but it's actually better than we thought. 180 00:10:05,760 --> 00:10:08,240 Speaker 3: Right, talk to us about inflation. The numbers are going down. 181 00:10:08,360 --> 00:10:11,000 Speaker 2: Right, So, first of all, inflation is not the same 182 00:10:11,000 --> 00:10:14,160 Speaker 2: thing as recession. A recession means we're making less, we're 183 00:10:14,160 --> 00:10:18,199 Speaker 2: buying less, fewer of us have jobs. Yes, it's about 184 00:10:18,360 --> 00:10:22,319 Speaker 2: the stuff that's getting done. Inflation is about the price 185 00:10:22,400 --> 00:10:25,880 Speaker 2: tags associated with that stuff. And so those price tags 186 00:10:25,920 --> 00:10:27,760 Speaker 2: have been a source of angst. But the amount of 187 00:10:27,760 --> 00:10:30,720 Speaker 2: stuff we do has actually been going up. Now inflation 188 00:10:31,000 --> 00:10:35,480 Speaker 2: is fortunately on its way down. There are gradations. We 189 00:10:35,520 --> 00:10:38,000 Speaker 2: could talk about numbers, but let me just use normal 190 00:10:38,080 --> 00:10:41,240 Speaker 2: terms instead. There was a point about a year ago 191 00:10:41,320 --> 00:10:43,760 Speaker 2: where it was at the let's call it the holy 192 00:10:43,840 --> 00:10:45,280 Speaker 2: shit level where. 193 00:10:45,720 --> 00:10:47,160 Speaker 3: There was a lot of anxiety. 194 00:10:47,320 --> 00:10:49,240 Speaker 2: You couldn't help but notice it. You'd go to the 195 00:10:49,280 --> 00:10:52,199 Speaker 2: grocery store and stuff was more expensive, right, So that's 196 00:10:52,240 --> 00:10:55,240 Speaker 2: what inflation's like eight, nine, ten percent. Then it's now 197 00:10:55,400 --> 00:10:58,000 Speaker 2: fallen to the four or five percent, which is the 198 00:10:58,440 --> 00:11:01,520 Speaker 2: you know, it's kind of a minor annoyance, but you're 199 00:11:01,520 --> 00:11:04,199 Speaker 2: not seeing your paycheck getting robbed at at a really 200 00:11:04,280 --> 00:11:07,080 Speaker 2: crazy rate. And then once we get to two or 201 00:11:07,080 --> 00:11:09,640 Speaker 2: three two percent. No one will believe me when I 202 00:11:09,640 --> 00:11:11,720 Speaker 2: say this, but once inflation gets down to two percent, 203 00:11:11,920 --> 00:11:14,280 Speaker 2: you can barely notice it. And the reason you can 204 00:11:14,320 --> 00:11:16,319 Speaker 2: barely notice it is once it's two percent, some things 205 00:11:16,320 --> 00:11:17,960 Speaker 2: are getting a lot cheaper and some things are getting 206 00:11:18,000 --> 00:11:20,400 Speaker 2: a lot more expensive, and it actually requires a really 207 00:11:20,400 --> 00:11:23,319 Speaker 2: big spreadsheet to figure out which side of the ledger 208 00:11:23,400 --> 00:11:27,199 Speaker 2: is bigger. So we're down from holy shit levels towards 209 00:11:27,400 --> 00:11:30,720 Speaker 2: annoying but noticeable, and inflation is going to continue to 210 00:11:30,760 --> 00:11:32,800 Speaker 2: fade down. And the question is will it get all 211 00:11:32,800 --> 00:11:36,400 Speaker 2: the way to unnoticeable or will it stick it mildly annoying. 212 00:11:36,559 --> 00:11:39,160 Speaker 1: So I want to ask you, as we're talking about this, 213 00:11:39,640 --> 00:11:45,679 Speaker 1: the dead ceiling, big news drama, a lot of you know, 214 00:11:46,320 --> 00:11:50,839 Speaker 1: it could have really crashed the American economy and really 215 00:11:50,920 --> 00:11:53,200 Speaker 1: hurt the Biden presidency. I think a lot of us 216 00:11:53,240 --> 00:11:57,000 Speaker 1: had that anxiety that did not happen, and Biden. 217 00:11:56,679 --> 00:11:58,240 Speaker 3: World really did best. 218 00:11:58,440 --> 00:12:02,080 Speaker 1: The GOP time to me about a how they basted 219 00:12:02,120 --> 00:12:05,520 Speaker 1: them and be what it looks like now. 220 00:12:05,559 --> 00:12:08,200 Speaker 2: Great, So let me tell you a story in three acts. 221 00:12:08,559 --> 00:12:11,200 Speaker 2: First two acts are good news, and then we learned 222 00:12:11,200 --> 00:12:13,679 Speaker 2: the whole thing was a tragedy. The first act is 223 00:12:14,080 --> 00:12:17,240 Speaker 2: there were threats to not raise the debt ceiling, which 224 00:12:17,240 --> 00:12:19,480 Speaker 2: would have forced the US to default on its debt, 225 00:12:20,000 --> 00:12:24,040 Speaker 2: which could have caused a financial crisis, not unlike that 226 00:12:24,120 --> 00:12:26,680 Speaker 2: of two thousand and eight two thousand and nine, forcing 227 00:12:26,760 --> 00:12:29,640 Speaker 2: millions out of work. That could have happened. Good news 228 00:12:29,679 --> 00:12:34,320 Speaker 2: in this first act is that didn't happen. Eventually, Congress 229 00:12:34,360 --> 00:12:37,280 Speaker 2: decided to do what it ought to do, and what 230 00:12:37,320 --> 00:12:40,440 Speaker 2: it's done seventy times in the past is raise the 231 00:12:40,440 --> 00:12:43,720 Speaker 2: debt limit. Second act is who won and who lost? 232 00:12:44,120 --> 00:12:48,880 Speaker 2: And my reading is that Biden. And it's not everyone's reading, 233 00:12:48,920 --> 00:12:51,640 Speaker 2: by the way, but my reading is that Biden ate 234 00:12:51,760 --> 00:12:54,760 Speaker 2: McCarthy's lunch. Now you have to kind of go deep 235 00:12:54,760 --> 00:12:56,679 Speaker 2: in the weeds to see it and know a little 236 00:12:56,720 --> 00:12:59,840 Speaker 2: bit about how the government does accounting. So really, Biden 237 00:13:00,000 --> 00:13:01,559 Speaker 2: I wanted a clean debt ceiling bill, which was a 238 00:13:01,600 --> 00:13:03,600 Speaker 2: way of saying Biden wanted to give nothing up. Of 239 00:13:03,640 --> 00:13:06,200 Speaker 2: course that's my opening can. But in fact my opening 240 00:13:06,200 --> 00:13:08,800 Speaker 2: gambit is I give nothing up and you send over 241 00:13:08,840 --> 00:13:11,160 Speaker 2: a pint of ice cream. Love ice cream, but we 242 00:13:11,200 --> 00:13:13,800 Speaker 2: don't want to compare things to that. What he ended 243 00:13:13,880 --> 00:13:17,960 Speaker 2: up giving up was nominal spending caps, so caps on 244 00:13:18,040 --> 00:13:20,760 Speaker 2: government spending for the next two years. That sounds like 245 00:13:20,800 --> 00:13:23,959 Speaker 2: a lot. Now. Let's realize, though, that Republicans refused to 246 00:13:24,000 --> 00:13:25,880 Speaker 2: do anything on taxes, so it was all on the 247 00:13:25,880 --> 00:13:29,880 Speaker 2: revenue side, within sorry, all in spending side. Within government spending. 248 00:13:29,880 --> 00:13:32,520 Speaker 2: Two thirds of it's what's called mandatory spending, which is 249 00:13:32,600 --> 00:13:34,520 Speaker 2: like Social Security, and they said, well, we're not going 250 00:13:34,600 --> 00:13:37,480 Speaker 2: to touch any of that. The remaining one third is 251 00:13:37,480 --> 00:13:39,640 Speaker 2: what's called discretionary spending. This is the stuff where we 252 00:13:39,679 --> 00:13:43,480 Speaker 2: have to have annual bills appropriating money. And they said, yeah, 253 00:13:43,480 --> 00:13:45,760 Speaker 2: well look at that. Well half of that one third 254 00:13:46,280 --> 00:13:48,880 Speaker 2: is military spending, so we like the military, we don't 255 00:13:48,880 --> 00:13:51,920 Speaker 2: want to do anything there. So what you're left with 256 00:13:52,120 --> 00:13:55,560 Speaker 2: is caps on one half of one third, that is 257 00:13:55,600 --> 00:13:59,800 Speaker 2: one sixth of the federal budget. Those caps, there's actual 258 00:13:59,800 --> 00:14:02,480 Speaker 2: cap for the next two years. And then the bill 259 00:14:02,559 --> 00:14:05,680 Speaker 2: says and here's our goals for the future. Thing about 260 00:14:05,720 --> 00:14:09,440 Speaker 2: goals is they're just that, they're just words. So Biden 261 00:14:09,520 --> 00:14:13,200 Speaker 2: gave up two years of caps. Here's a funny thing. Now, Biden, 262 00:14:13,240 --> 00:14:15,600 Speaker 2: can't you know, he's kind of one at this point, 263 00:14:15,760 --> 00:14:17,760 Speaker 2: but he's got to give McCarthy something to go back 264 00:14:17,800 --> 00:14:21,080 Speaker 2: to his folks and claim a big win. Here's a 265 00:14:21,120 --> 00:14:24,320 Speaker 2: really weird thing. There's a part of the government called 266 00:14:24,360 --> 00:14:27,880 Speaker 2: the CBO Congressional Budget Office whose job is to say 267 00:14:27,920 --> 00:14:31,120 Speaker 2: how much money any new bill will cost or save. 268 00:14:31,480 --> 00:14:34,000 Speaker 2: And what they do is they say, well, it's obviously 269 00:14:34,000 --> 00:14:37,400 Speaker 2: these caps will cut government spending for the next two years, 270 00:14:37,680 --> 00:14:39,080 Speaker 2: and they say, we don't know what's going to happen 271 00:14:39,080 --> 00:14:40,960 Speaker 2: in the third fourth. And they say they accumulate the 272 00:14:40,960 --> 00:14:42,760 Speaker 2: total savings over ten years, but they don't know what's 273 00:14:42,960 --> 00:14:44,920 Speaker 2: going to happen in years three, four, five, six, seven, eight, 274 00:14:45,000 --> 00:14:47,200 Speaker 2: nine and ten. So they say, well, let's just assume 275 00:14:47,320 --> 00:14:50,440 Speaker 2: government spending sticks at its level at the end of 276 00:14:50,480 --> 00:14:54,680 Speaker 2: two years, except will allow for inflation adjustments. So it's 277 00:14:54,920 --> 00:14:58,080 Speaker 2: like they assume that the two year deal lasts for 278 00:14:58,160 --> 00:15:01,440 Speaker 2: ten years, and so carfee can go back, and so 279 00:15:01,600 --> 00:15:04,920 Speaker 2: imagine that we cut spending one hundred million dollars for 280 00:15:04,960 --> 00:15:07,160 Speaker 2: the next two years. You and I would say that's 281 00:15:07,200 --> 00:15:10,640 Speaker 2: two hundred million dollars worth of savings. The Congressional Budget 282 00:15:10,680 --> 00:15:13,360 Speaker 2: Office would say, yeah, but spending's going to remain lower 283 00:15:13,360 --> 00:15:15,360 Speaker 2: than that. Otherwise would be for one hundred million for 284 00:15:15,440 --> 00:15:18,280 Speaker 2: each of the next ten years. So therefore that's a 285 00:15:18,360 --> 00:15:21,440 Speaker 2: trillion dollars in savings. So McCarthy goes back to his 286 00:15:21,480 --> 00:15:23,680 Speaker 2: folks and shows these graphs, saying I saved us a 287 00:15:23,720 --> 00:15:26,920 Speaker 2: trillion dollars, and Biden quietly says, hey, you know what, 288 00:15:27,000 --> 00:15:29,400 Speaker 2: I didn't really give them very much at all, which 289 00:15:29,440 --> 00:15:30,000 Speaker 2: is the truth. 290 00:15:30,480 --> 00:15:32,920 Speaker 3: Right, So then what's the third act? 291 00:15:33,200 --> 00:15:34,760 Speaker 2: So can I give you one more thing on the 292 00:15:34,760 --> 00:15:37,440 Speaker 2: second act because it's kind of interesting? Yeah, yeah, of course, 293 00:15:37,720 --> 00:15:41,320 Speaker 2: the Republicans really wanted work requirements in order to get 294 00:15:41,320 --> 00:15:45,080 Speaker 2: government assistance. They're like, you know, too many people who 295 00:15:45,120 --> 00:15:48,440 Speaker 2: are poor are just sitting around enjoying being poor. What 296 00:15:48,480 --> 00:15:50,320 Speaker 2: we want them to do is have to work in 297 00:15:50,440 --> 00:15:50,840 Speaker 2: order to. 298 00:15:50,800 --> 00:15:54,640 Speaker 3: Be poor, right, right, They're so cruel. 299 00:15:54,960 --> 00:15:58,680 Speaker 1: I mean, I shouldn't be laughing, but the work, I mean, 300 00:15:58,680 --> 00:16:02,040 Speaker 1: the idea here is like you now, it's just let's 301 00:16:02,160 --> 00:16:06,040 Speaker 1: just pick on the people who need us anyway. 302 00:16:06,080 --> 00:16:06,320 Speaker 3: Gone. 303 00:16:06,480 --> 00:16:08,800 Speaker 2: Yeah, So they said, if your age fifty to fifty 304 00:16:08,840 --> 00:16:11,680 Speaker 2: four and want various forms of assistance, you have to 305 00:16:11,760 --> 00:16:14,280 Speaker 2: show that you're working or trying to work. And the 306 00:16:14,360 --> 00:16:18,720 Speaker 2: Democrats actually said, okay, but in return, let's agree that 307 00:16:18,760 --> 00:16:20,960 Speaker 2: work requirements, which actually already exist for a lot of 308 00:16:21,000 --> 00:16:26,200 Speaker 2: the population, right right, are inhumane for certain groups like veterans, 309 00:16:26,600 --> 00:16:29,880 Speaker 2: homeless people, and foster kids. And so they said, let's 310 00:16:29,880 --> 00:16:32,320 Speaker 2: just get rid of the work requirements for them, but 311 00:16:32,360 --> 00:16:34,320 Speaker 2: we'll boost them for these other guys you want to punch. 312 00:16:34,720 --> 00:16:41,200 Speaker 1: Amazing because the reality is homeless people, veterans, and faster kids. 313 00:16:40,680 --> 00:16:43,480 Speaker 2: Are on benefits at higher rates than the rest of 314 00:16:43,520 --> 00:16:44,120 Speaker 2: the population. 315 00:16:44,440 --> 00:16:46,720 Speaker 3: Right, I mean, it was laughed. 316 00:16:47,080 --> 00:16:50,320 Speaker 2: So guess what the number of people subject to work 317 00:16:50,360 --> 00:16:52,400 Speaker 2: requirements actually falls. 318 00:16:52,720 --> 00:16:55,400 Speaker 3: It's amazing, It's amazing. 319 00:16:55,080 --> 00:16:58,560 Speaker 2: Which is quite the negotiating outcome from McCarthy. 320 00:17:00,400 --> 00:17:03,720 Speaker 1: So is it fair to say that McCarthy is in 321 00:17:03,720 --> 00:17:05,479 Speaker 1: fact a golden retriever of a man? 322 00:17:05,880 --> 00:17:10,600 Speaker 2: McCarthy's new doesn't really know how it's done, And Biden's 323 00:17:10,640 --> 00:17:13,680 Speaker 2: seen this play before, and I don't know. I find 324 00:17:13,680 --> 00:17:15,879 Speaker 2: it hard to answer your question, Molly, because I really 325 00:17:15,920 --> 00:17:21,200 Speaker 2: like golden retrievers. But oh my goodness, if we see 326 00:17:21,240 --> 00:17:24,359 Speaker 2: Biden v. McCarthy, if we see that again, I'm going 327 00:17:24,400 --> 00:17:30,240 Speaker 2: to feel pretty good going into it. And so I 328 00:17:30,280 --> 00:17:34,239 Speaker 2: spent all my energy not gloating because I didn't want 329 00:17:34,240 --> 00:17:38,000 Speaker 2: to wake anyone up to how badly McCarthy got beat. 330 00:17:38,280 --> 00:17:40,280 Speaker 2: Let's get to the third act. So far, it's a 331 00:17:40,320 --> 00:17:42,959 Speaker 2: good news story. No, we didn't crash the economy and 332 00:17:43,040 --> 00:17:46,080 Speaker 2: Biden didn't give up most anything to get it. One 333 00:17:46,160 --> 00:17:49,200 Speaker 2: view is the system worked. Here's the problem. What we'd 334 00:17:49,280 --> 00:17:54,240 Speaker 2: spent the entire period of that debate doing is basically 335 00:17:54,680 --> 00:17:57,440 Speaker 2: standing up and saying, hey, I'm thinking about not repaying 336 00:17:57,440 --> 00:17:59,440 Speaker 2: my debts, and then the Republicans will say, I think 337 00:17:59,440 --> 00:18:00,640 Speaker 2: it even more right? 338 00:18:00,760 --> 00:18:00,840 Speaker 1: Right? 339 00:18:00,920 --> 00:18:01,200 Speaker 5: Right? 340 00:18:01,600 --> 00:18:03,359 Speaker 3: The brinkmanship is bad. 341 00:18:03,600 --> 00:18:05,879 Speaker 2: Yeah, have you ever met a bank manager, like, do 342 00:18:05,920 --> 00:18:08,040 Speaker 2: you have a mortgage or anything? Molly a car loan? 343 00:18:08,520 --> 00:18:08,879 Speaker 3: Sure? 344 00:18:09,320 --> 00:18:12,520 Speaker 2: Okay, So let me just give you some advice. Next 345 00:18:12,520 --> 00:18:15,119 Speaker 2: time you want to loan, don't walk into the bank 346 00:18:15,280 --> 00:18:18,480 Speaker 2: and say, you know, if things are going okay, I'll 347 00:18:18,480 --> 00:18:20,800 Speaker 2: make my payments. But if I feel kind of pissy 348 00:18:20,800 --> 00:18:23,480 Speaker 2: with this other guy, I'm not going to make a payment, right, 349 00:18:23,680 --> 00:18:26,560 Speaker 2: And that's effectively, what Congress did and what that's going 350 00:18:26,600 --> 00:18:29,679 Speaker 2: to do is cost us all because we know that 351 00:18:29,840 --> 00:18:32,399 Speaker 2: our commitment to repaying our debts is not that great. 352 00:18:32,480 --> 00:18:35,560 Speaker 2: And the world's bank managers, which is global financial markets, 353 00:18:35,600 --> 00:18:37,200 Speaker 2: are going to say, if I'm going to lend you, 354 00:18:37,280 --> 00:18:38,880 Speaker 2: I'm going to do it at a higher interest rate. 355 00:18:38,960 --> 00:18:41,040 Speaker 2: And then we also had all these people in Treasury, 356 00:18:41,240 --> 00:18:43,919 Speaker 2: their full time job normally is helping run the American economy. 357 00:18:44,000 --> 00:18:46,800 Speaker 2: They spent three months basically looking down the back of 358 00:18:46,840 --> 00:18:51,160 Speaker 2: our metaphorical couch for extra quarters in order to keep 359 00:18:51,200 --> 00:18:54,160 Speaker 2: the government open. And this is all just completely wasted work. 360 00:18:54,200 --> 00:18:56,840 Speaker 2: So my better half, Betsy Stevenson, had an op ed 361 00:18:56,840 --> 00:18:59,120 Speaker 2: in The New York Times yesterday in which he says, 362 00:18:59,160 --> 00:19:01,679 Speaker 2: this may be cost us twenty billion dollars. It's like 363 00:19:02,000 --> 00:19:06,960 Speaker 2: Congress just like just picture this, the number of school 364 00:19:07,000 --> 00:19:10,679 Speaker 2: buses full to the brim of dollar bills lined up 365 00:19:10,720 --> 00:19:13,359 Speaker 2: in front of Congress, and they've got McCarthy out there. 366 00:19:13,400 --> 00:19:15,480 Speaker 2: He probably sent Matt Gertz out to do it instead 367 00:19:15,960 --> 00:19:19,920 Speaker 2: with a cigarette lighter, just burning dollar bills hour by 368 00:19:20,000 --> 00:19:23,520 Speaker 2: hour by hour by hour. And so yes, the system worked, 369 00:19:23,640 --> 00:19:26,760 Speaker 2: but this was political point scoring. But it was political 370 00:19:26,800 --> 00:19:29,320 Speaker 2: point scoring with yours and my tax dollars, and you 371 00:19:29,359 --> 00:19:33,040 Speaker 2: should be pissed. Whoever won this shouldn't have burned a competition. 372 00:19:33,680 --> 00:19:37,919 Speaker 2: This is the most expensive campaign advertisement that either side 373 00:19:38,240 --> 00:19:40,960 Speaker 2: has ever written. They would never pay this much for 374 00:19:41,000 --> 00:19:43,280 Speaker 2: this sort of political advertising, and the reason they did 375 00:19:43,280 --> 00:19:46,720 Speaker 2: it is because it wasn't the RNC paying for the advertising, 376 00:19:46,960 --> 00:19:48,119 Speaker 2: it was your million instead. 377 00:19:48,480 --> 00:19:51,440 Speaker 3: Justin thank you so much a pleasure. Mine. 378 00:19:55,800 --> 00:20:00,399 Speaker 1: Miles Parks is a correspondent on NPR's Washington Desk. To 379 00:20:00,480 --> 00:20:04,480 Speaker 1: hear more of his reporting, head to NPR dot org. 380 00:20:05,160 --> 00:20:07,880 Speaker 3: Welcome Too Fast Politics, Miles Park. 381 00:20:08,280 --> 00:20:09,520 Speaker 5: Thank you so much for having me. 382 00:20:09,800 --> 00:20:13,359 Speaker 1: I'm so excited to have you, so gonna set the 383 00:20:13,400 --> 00:20:16,919 Speaker 1: stage here a little bit. You and the NPR team, 384 00:20:17,359 --> 00:20:19,920 Speaker 1: which is probably a lot of people on of you, 385 00:20:20,440 --> 00:20:26,719 Speaker 1: did an incredible investigation into one of the sort of 386 00:20:27,920 --> 00:20:32,440 Speaker 1: best ways to fight voter fraud and how that. 387 00:20:33,040 --> 00:20:37,639 Speaker 3: Mechanism is being disabled by the right. Can you explain 388 00:20:38,080 --> 00:20:39,080 Speaker 3: what Eric does? 389 00:20:39,240 --> 00:20:42,320 Speaker 5: So what Eric does is it takes all of this 390 00:20:42,440 --> 00:20:45,440 Speaker 5: government data. It takes data from state DMVs, it takes 391 00:20:45,520 --> 00:20:48,600 Speaker 5: data from the Social Security Administration, in the US Postal Service, 392 00:20:48,800 --> 00:20:52,000 Speaker 5: and then each state's voter records, It takes all of 393 00:20:52,040 --> 00:20:54,840 Speaker 5: that data, throws it in a bowl securely. All the 394 00:20:55,000 --> 00:20:59,480 Speaker 5: sensitive data is encrypted before Eric analyzes it. And then 395 00:20:59,800 --> 00:21:02,240 Speaker 5: a guy named Jeff Jonas, who is a kind of 396 00:21:02,240 --> 00:21:07,160 Speaker 5: world renowned cybersecurity guide, developed this technology that allowed for 397 00:21:07,280 --> 00:21:10,640 Speaker 5: this system to match up all of these different records 398 00:21:10,680 --> 00:21:14,240 Speaker 5: from different government systems and then spit out reports that 399 00:21:14,280 --> 00:21:16,960 Speaker 5: can be sent directly to local election officials so they 400 00:21:17,000 --> 00:21:20,600 Speaker 5: can update their roles. So it will say, hey, John Smith, 401 00:21:20,680 --> 00:21:24,400 Speaker 5: we are very confident that your voter, John Smith has 402 00:21:24,440 --> 00:21:27,159 Speaker 5: now moved to Rhode Island. You should reach out to 403 00:21:27,240 --> 00:21:29,800 Speaker 5: John Smith with a mailer to ask if they've moved 404 00:21:29,800 --> 00:21:31,560 Speaker 5: and see if it comes back to you. Then they 405 00:21:31,640 --> 00:21:34,439 Speaker 5: produce another report that says, hey, we have information that 406 00:21:34,520 --> 00:21:37,240 Speaker 5: John Smith seems to have voted twice in Rhode Island 407 00:21:37,280 --> 00:21:40,399 Speaker 5: and in South Carolina. And then they have another report 408 00:21:40,440 --> 00:21:42,760 Speaker 5: that says, you know, we have information that seems to 409 00:21:42,760 --> 00:21:45,520 Speaker 5: indicate John Smith has died in Georgia or something like that. 410 00:21:45,600 --> 00:21:48,400 Speaker 5: So it uses all this data to actually spit out 411 00:21:48,400 --> 00:21:51,320 Speaker 5: reports election officials can use. Because these are I think 412 00:21:51,359 --> 00:21:54,600 Speaker 5: we also forget that these offices are under resource. They 413 00:21:54,600 --> 00:21:57,000 Speaker 5: don't have some person in the back, who's able to 414 00:21:57,040 --> 00:21:59,280 Speaker 5: go through millions of pieces of data and try to 415 00:21:59,280 --> 00:22:01,960 Speaker 5: figure out whether their voters have moved. What we'll figure 416 00:22:02,000 --> 00:22:03,800 Speaker 5: out all of this stuff. So Eric did a lot 417 00:22:03,840 --> 00:22:05,480 Speaker 5: of that work with technology, right. 418 00:22:05,520 --> 00:22:08,680 Speaker 1: I mean, that is the thing that I'm struck by 419 00:22:09,400 --> 00:22:14,160 Speaker 1: is that these secretaries of state can't handle this. That's 420 00:22:14,240 --> 00:22:19,320 Speaker 1: why this database was created. And the original anxiety about 421 00:22:19,359 --> 00:22:21,520 Speaker 1: it was really that it was registering voters. 422 00:22:21,720 --> 00:22:21,920 Speaker 3: Right. 423 00:22:22,320 --> 00:22:25,040 Speaker 5: Well, the original original anxiety was that it was connected 424 00:22:25,040 --> 00:22:28,720 Speaker 5: to George Soros in some way, which was quickly proved false. 425 00:22:28,760 --> 00:22:32,840 Speaker 5: And I think once that got proved false, then it 426 00:22:32,960 --> 00:22:36,160 Speaker 5: started focusing on the One aspect of Eric is that 427 00:22:36,600 --> 00:22:40,080 Speaker 5: one of the reports it produces says, hey, John Smith moved, 428 00:22:40,160 --> 00:22:42,480 Speaker 5: got a driver's license but hasn't registered to vote. You 429 00:22:42,520 --> 00:22:44,480 Speaker 5: should send them a postcard. That's one of the things 430 00:22:44,520 --> 00:22:46,840 Speaker 5: that kind of gets muddled when the far right talks 431 00:22:46,880 --> 00:22:49,840 Speaker 5: about this. They imply that Eric is registering voters or 432 00:22:49,880 --> 00:22:52,679 Speaker 5: is actually doing anything. Eric is producing reports and then 433 00:22:52,720 --> 00:22:55,320 Speaker 5: the local election officials and all these states act on them. 434 00:22:55,400 --> 00:22:58,040 Speaker 5: So it's not like people are getting registered by Eric. 435 00:22:58,119 --> 00:23:00,680 Speaker 5: Eric is just telling the election official, hey, we think 436 00:23:00,680 --> 00:23:02,880 Speaker 5: you should reach out to this person and give them 437 00:23:02,880 --> 00:23:04,479 Speaker 5: some information on how to register. 438 00:23:04,880 --> 00:23:08,080 Speaker 3: Can you explain to us what is happening. 439 00:23:08,560 --> 00:23:11,920 Speaker 5: Yeah, absolutely, it's a very complicated story that's actually kind 440 00:23:11,920 --> 00:23:15,960 Speaker 5: of simple. Basically, states without this tool, which is called 441 00:23:16,000 --> 00:23:20,600 Speaker 5: the Electronic Registration Information Center, have no way to share 442 00:23:20,640 --> 00:23:24,480 Speaker 5: election data. So if you are let's say South Carolina, 443 00:23:24,640 --> 00:23:26,520 Speaker 5: and you want to know if one of your voters 444 00:23:26,840 --> 00:23:29,720 Speaker 5: moves to Connecticut gets a driver's license there, I think 445 00:23:29,760 --> 00:23:32,439 Speaker 5: people kind of assume that the government is talking to 446 00:23:32,480 --> 00:23:35,000 Speaker 5: itself in all these different ways. It is not. And 447 00:23:35,080 --> 00:23:38,920 Speaker 5: so this organization called the Electronic Registration Information Center, better 448 00:23:38,960 --> 00:23:41,520 Speaker 5: known as ERIC, was started about ten years ago to 449 00:23:41,560 --> 00:23:45,840 Speaker 5: help election officials know when their voters move, get notified 450 00:23:45,880 --> 00:23:49,360 Speaker 5: when their voters die, and then also critically for especially 451 00:23:49,400 --> 00:23:52,159 Speaker 5: for these Republican states, for the small amount of people 452 00:23:52,320 --> 00:23:54,800 Speaker 5: every federal election who do vote in more than one state, 453 00:23:54,840 --> 00:23:58,280 Speaker 5: which is illegal, and ERIC is the only way that 454 00:23:58,440 --> 00:24:01,040 Speaker 5: states have to catch that sort of voter fraud. And 455 00:24:01,119 --> 00:24:04,960 Speaker 5: so for the first nine years or so of its existence, 456 00:24:05,080 --> 00:24:07,359 Speaker 5: it was growing and beloved. I mean, I've been covering 457 00:24:07,440 --> 00:24:10,240 Speaker 5: voting for about half a decade now, and every time 458 00:24:10,240 --> 00:24:11,960 Speaker 5: I would talk to an election official, and I'm talking 459 00:24:11,960 --> 00:24:15,040 Speaker 5: about the most conservative election officials in the country from 460 00:24:15,119 --> 00:24:18,840 Speaker 5: West Virginia and Missouri and Texas. These people love this 461 00:24:18,920 --> 00:24:22,159 Speaker 5: thing as well as Democrats, who I think people some 462 00:24:22,320 --> 00:24:25,679 Speaker 5: Republicans think that Democrats don't want clean voter roles, but 463 00:24:26,080 --> 00:24:29,200 Speaker 5: the Democratic election officials say no, it's much more efficient 464 00:24:29,240 --> 00:24:31,679 Speaker 5: to have mail going to the right places, to have 465 00:24:31,720 --> 00:24:35,040 Speaker 5: our precincts set up where you know addresses are accurate. 466 00:24:35,119 --> 00:24:38,359 Speaker 5: So Eric was beloved for close to ten years until 467 00:24:38,680 --> 00:24:41,200 Speaker 5: last year when the far right started targeting it with 468 00:24:41,240 --> 00:24:45,399 Speaker 5: a smear campaign campaign that really effectively started kind of 469 00:24:45,400 --> 00:24:46,320 Speaker 5: blowing this thing up. 470 00:24:46,560 --> 00:24:48,800 Speaker 1: I want to talk about this because this all started 471 00:24:48,960 --> 00:24:50,919 Speaker 1: with an article in The Atlantic. 472 00:24:51,200 --> 00:24:53,720 Speaker 5: Well it started with an article. There's a couple different 473 00:24:53,760 --> 00:24:56,399 Speaker 5: starting points, so really it actually goes back to an 474 00:24:56,480 --> 00:24:57,760 Speaker 5: article in the Gateway Pundit. 475 00:24:57,960 --> 00:25:01,080 Speaker 1: I thought the Atlantic article came before for the Gateway Pundit, 476 00:25:01,080 --> 00:25:03,959 Speaker 1: and the Gateway Pundin article is based on the Atlantic article. 477 00:25:04,320 --> 00:25:06,600 Speaker 5: No, so the guy who wrote that article, he made 478 00:25:06,600 --> 00:25:09,280 Speaker 5: a joke in the piece that it wasn't an article 479 00:25:09,280 --> 00:25:11,360 Speaker 5: in the Atlantic, and that's why the far right loved it. 480 00:25:11,480 --> 00:25:13,639 Speaker 5: So I think it may have got misunderstood there basically 481 00:25:13,680 --> 00:25:16,439 Speaker 5: he wrote a blog post. This guy, Jay Christian Adams 482 00:25:16,440 --> 00:25:20,680 Speaker 5: wrote a blog post in twenty sixteen that loosely alleged 483 00:25:20,840 --> 00:25:24,679 Speaker 5: that George Soros was somehow behind Eric, and then the 484 00:25:24,720 --> 00:25:28,359 Speaker 5: Gayway Pundit found that article, found some interviews with the 485 00:25:28,359 --> 00:25:31,320 Speaker 5: same guy, turned that into what they called kind of 486 00:25:31,440 --> 00:25:34,480 Speaker 5: investigation into Eric, and then published their article in twenty 487 00:25:34,520 --> 00:25:35,000 Speaker 5: twenty two. 488 00:25:35,320 --> 00:25:38,000 Speaker 1: Okay, so let's talk about the Gateway Pundit. Gateway Pundit 489 00:25:38,119 --> 00:25:40,919 Speaker 1: for those of you who are not extremely online, and 490 00:25:40,960 --> 00:25:41,720 Speaker 1: I assume there. 491 00:25:41,600 --> 00:25:43,560 Speaker 3: Are a few people who listens podcast. 492 00:25:43,119 --> 00:25:46,440 Speaker 5: Who lucky them, lucky you guys right, who don't. 493 00:25:46,160 --> 00:25:49,040 Speaker 1: Know about the dumbest man on the Internet, Jim Hoff. 494 00:25:49,480 --> 00:25:53,400 Speaker 1: But the Gayway Pundit is this incredibly stupid site run 495 00:25:53,440 --> 00:25:56,800 Speaker 1: by a guy with two short bangs and his twin 496 00:25:56,880 --> 00:26:01,440 Speaker 1: brother that basically pumps out crazy cannspiracy theories but has 497 00:26:01,480 --> 00:26:05,960 Speaker 1: become really a sort of central educator on the right. 498 00:26:06,640 --> 00:26:12,400 Speaker 5: Yeah, and I will not be commenting on the has appearance, right, Well, yes, 499 00:26:12,920 --> 00:26:17,359 Speaker 5: but I I but our investigation did find that the 500 00:26:17,400 --> 00:26:20,879 Speaker 5: Gayway Pundit has become a real influential player, especially in 501 00:26:20,920 --> 00:26:23,840 Speaker 5: these states where these election officials are going to be 502 00:26:23,920 --> 00:26:26,080 Speaker 5: running in Republican primaries, and they're going to need to 503 00:26:26,080 --> 00:26:29,479 Speaker 5: be winning Republican primary voters in off election years. That 504 00:26:29,480 --> 00:26:32,359 Speaker 5: could be a very small percentage of diehard Republicans, and 505 00:26:32,400 --> 00:26:34,720 Speaker 5: a lot of those people are reading the Gayway pundit. 506 00:26:34,520 --> 00:26:38,919 Speaker 1: Because we're all going to die, so Gayway Pundit Cleta Mitchell. 507 00:26:39,320 --> 00:26:42,639 Speaker 1: So explain to us who Cleida Mitchell is and where 508 00:26:43,200 --> 00:26:45,800 Speaker 1: and sort of where she comes up with this idea. 509 00:26:46,000 --> 00:26:49,760 Speaker 5: Yeah, So, Clelida Mitchell is this very influential Republican election 510 00:26:49,880 --> 00:26:53,480 Speaker 5: attorney who kind of came to prominence after twenty twenty 511 00:26:53,520 --> 00:26:56,919 Speaker 5: for helping former President Trump try to overturn that election. 512 00:26:57,000 --> 00:26:59,800 Speaker 5: She was on the phone call with Georgia election officials 513 00:26:59,800 --> 00:27:03,000 Speaker 5: where Trump was asking them to find votes. And so 514 00:27:03,400 --> 00:27:05,560 Speaker 5: since twenty twenty, Kleida Mitchell has kind of found a 515 00:27:05,640 --> 00:27:09,399 Speaker 5: niche as a key election denier. She has started a 516 00:27:09,440 --> 00:27:13,040 Speaker 5: podcast called Who's Counting, which does a good job of 517 00:27:13,040 --> 00:27:16,399 Speaker 5: spreading a lot of election misinformation. She's also started this 518 00:27:16,440 --> 00:27:19,399 Speaker 5: thing called the Election Integrity Network, which is a coalition 519 00:27:19,720 --> 00:27:22,320 Speaker 5: of sort of grassroots groups all over the country that 520 00:27:22,400 --> 00:27:25,119 Speaker 5: are interconnected in this web that they're kind of aimed 521 00:27:25,119 --> 00:27:28,760 Speaker 5: at quote unquote election integrity, but in reality, our investigation 522 00:27:28,920 --> 00:27:31,960 Speaker 5: found that they're pushing to dismantle a lot of tools 523 00:27:32,240 --> 00:27:35,800 Speaker 5: and helpful things that actually help election integrity. So what 524 00:27:35,920 --> 00:27:39,560 Speaker 5: happens is the Gateway Pundit publishes this article in January 525 00:27:39,560 --> 00:27:42,280 Speaker 5: of twenty twenty two, and we found we did a 526 00:27:42,720 --> 00:27:45,200 Speaker 5: really cool social media analysis that looked at hundreds of 527 00:27:45,240 --> 00:27:47,879 Speaker 5: thousands of posts in far right channels and found that 528 00:27:47,920 --> 00:27:51,679 Speaker 5: they really latched on to this Gateway Pundit article. And 529 00:27:51,720 --> 00:27:54,600 Speaker 5: then Louisiana pulls out a week later, the Secretary of 530 00:27:54,640 --> 00:27:58,600 Speaker 5: State there announces it we found to a conservative activist group, 531 00:27:58,840 --> 00:28:01,600 Speaker 5: which is key because a lot of election officials I 532 00:28:01,600 --> 00:28:04,600 Speaker 5: talk to, Republican and Democrat, point to that actually even 533 00:28:04,640 --> 00:28:07,399 Speaker 5: more importantly than the Gateway punted article, because gatewayed publishes 534 00:28:07,400 --> 00:28:10,359 Speaker 5: stuff every day that the government doesn't respond to. But 535 00:28:10,440 --> 00:28:12,920 Speaker 5: the moment that an election official actually responded to it 536 00:28:13,040 --> 00:28:16,080 Speaker 5: and gave it credibility, that is what kind of started 537 00:28:16,080 --> 00:28:19,439 Speaker 5: this entire pressure campaign on the other Republican states. And 538 00:28:19,480 --> 00:28:22,960 Speaker 5: so what we found is that Cleta Mitchell saw Louisiana 539 00:28:23,040 --> 00:28:25,399 Speaker 5: pulled out and decided, Wow, this is a thing that 540 00:28:25,560 --> 00:28:28,800 Speaker 5: really seems to ignite our base. Started focusing her podcast 541 00:28:28,880 --> 00:28:31,719 Speaker 5: on it, these election integrity groups started focusing on it. 542 00:28:31,840 --> 00:28:35,520 Speaker 5: She started telling these groups, reach out to state legislatures 543 00:28:35,600 --> 00:28:38,880 Speaker 5: in your states, reach out to your election officials, and 544 00:28:39,080 --> 00:28:41,640 Speaker 5: that happened, which kind of, over the course of a year, 545 00:28:42,560 --> 00:28:45,320 Speaker 5: led to a number of these state election officials feeling 546 00:28:45,320 --> 00:28:47,120 Speaker 5: the pressure and actually pulling out. 547 00:28:47,560 --> 00:28:52,800 Speaker 1: So you talked through this on your NPR podcast and 548 00:28:52,880 --> 00:28:56,840 Speaker 1: also on the station I assume about exactly how this 549 00:28:56,960 --> 00:28:59,960 Speaker 1: went down, and you actually interviewed a secretary of state 550 00:29:00,800 --> 00:29:04,480 Speaker 1: talk to me about sort of how this went down. 551 00:29:05,240 --> 00:29:08,400 Speaker 5: So what it really boils down to is that for 552 00:29:08,720 --> 00:29:11,800 Speaker 5: a lot of last year, a lot of these Republican 553 00:29:11,840 --> 00:29:15,040 Speaker 5: election officials were on the record as saying they loved 554 00:29:15,120 --> 00:29:17,760 Speaker 5: this tool. Like this secretary of state who you mentioned 555 00:29:17,760 --> 00:29:19,720 Speaker 5: that I interviewed and I've talked at linked with the 556 00:29:19,800 --> 00:29:22,880 Speaker 5: number of times. His name's Frank Lrose in Ohio. He's 557 00:29:22,920 --> 00:29:26,560 Speaker 5: a Republican, but he's also pushed back at times against 558 00:29:26,720 --> 00:29:32,160 Speaker 5: election denihalism, and so he in February called this tool 559 00:29:32,640 --> 00:29:35,520 Speaker 5: one of the best tools we have for fighting election fraud. 560 00:29:35,520 --> 00:29:38,120 Speaker 5: And he talked me through basically said, you know, if 561 00:29:38,160 --> 00:29:41,120 Speaker 5: you want to win a Republican primary, you kind of 562 00:29:41,160 --> 00:29:44,320 Speaker 5: need these voters. So he almost had empathy for people 563 00:29:44,360 --> 00:29:47,320 Speaker 5: like Kyle Ardwin in Louisiana and West Allen in Alabama, 564 00:29:47,320 --> 00:29:49,360 Speaker 5: who were the first secretaries to pull out of this thing. 565 00:29:49,600 --> 00:29:52,000 Speaker 5: They were trying to win elections, and he was basically saying, 566 00:29:52,240 --> 00:29:55,479 Speaker 5: that's how politics works. They looked at this thing, said well, 567 00:29:55,800 --> 00:29:57,720 Speaker 5: my voters want this, I'm going to do it. But 568 00:29:57,800 --> 00:30:01,600 Speaker 5: hopefully over time it starts to kind of cool off, 569 00:30:01,880 --> 00:30:03,920 Speaker 5: states start to get into it, the pressure kind of 570 00:30:03,920 --> 00:30:08,200 Speaker 5: dies down. A month after that interview, LaRose pulled Ohio 571 00:30:08,360 --> 00:30:11,000 Speaker 5: out of eric and so we kind of saw in 572 00:30:11,040 --> 00:30:14,920 Speaker 5: real time as this investigation unfolded, the pressure building on 573 00:30:14,960 --> 00:30:18,600 Speaker 5: these election officials who just weeks before were defending it 574 00:30:18,640 --> 00:30:19,280 Speaker 5: on the record. 575 00:30:19,640 --> 00:30:22,520 Speaker 1: Oh wow, but they did it because they were scared 576 00:30:22,600 --> 00:30:25,840 Speaker 1: of pushback from the far right or I mean, they won't. 577 00:30:25,600 --> 00:30:29,320 Speaker 5: Say that, but well, the the well exactly exactly, they 578 00:30:29,360 --> 00:30:31,520 Speaker 5: will never say that. But what we found is this 579 00:30:31,600 --> 00:30:35,480 Speaker 5: common through line where especially the first few election officials 580 00:30:35,760 --> 00:30:38,560 Speaker 5: that pulled out, they're all going to be running in 581 00:30:38,600 --> 00:30:41,440 Speaker 5: Republican primaries in the next you know, year to year 582 00:30:41,480 --> 00:30:44,560 Speaker 5: and a half. Larrose, for instance, is expected to run 583 00:30:44,600 --> 00:30:48,280 Speaker 5: for Senate in Ohio. Florida pulled out. You know, obviously 584 00:30:48,280 --> 00:30:51,520 Speaker 5: DeSantis is in the presidential race Missouri and West Virginia. 585 00:30:51,560 --> 00:30:54,880 Speaker 5: Both those secretaries of state have now announced runs for governor, 586 00:30:55,200 --> 00:30:57,520 Speaker 5: and so there is kind of a through line of 587 00:30:57,680 --> 00:31:01,840 Speaker 5: politics actually kind of inner fearing an election administration here. 588 00:31:02,280 --> 00:31:05,240 Speaker 1: It's so interesting because it really is you're really seeing 589 00:31:05,840 --> 00:31:12,400 Speaker 1: how much the craziness of Republican primary politics has reverberations 590 00:31:12,400 --> 00:31:14,080 Speaker 1: that we can't even quantify. 591 00:31:14,480 --> 00:31:18,320 Speaker 5: Yeah, I mean that was to me why this story 592 00:31:18,480 --> 00:31:21,680 Speaker 5: was worth doing. Was it was not this feels like 593 00:31:21,680 --> 00:31:24,080 Speaker 5: a twenty twenty four story. Yeah, you know in terms 594 00:31:24,120 --> 00:31:27,600 Speaker 5: of this is not only because of how the election 595 00:31:27,680 --> 00:31:29,720 Speaker 5: is going to be run in twenty twenty four, but 596 00:31:29,800 --> 00:31:31,959 Speaker 5: I think there are a lot of Republicans who are 597 00:31:31,960 --> 00:31:34,479 Speaker 5: still members of ERIC who are pushing through this pressure. 598 00:31:34,520 --> 00:31:36,880 Speaker 5: This is not something where you can paint the Republican 599 00:31:36,920 --> 00:31:39,680 Speaker 5: Party with like one big broad brush. You know. What 600 00:31:39,720 --> 00:31:43,120 Speaker 5: we're seeing is people like Brad Raffisberger and Georgia who 601 00:31:43,280 --> 00:31:45,960 Speaker 5: has been one of the most vocal defenders of ERIC 602 00:31:46,240 --> 00:31:49,080 Speaker 5: and is still a member. It's an individual decision for 603 00:31:49,120 --> 00:31:51,640 Speaker 5: each one of these Republicans to say, will I stand 604 00:31:51,720 --> 00:31:54,680 Speaker 5: up to this pressure and defend this thing that I've 605 00:31:54,680 --> 00:31:55,920 Speaker 5: been on the record for defending. 606 00:31:56,040 --> 00:31:58,400 Speaker 1: The thing I would say about Brad Rathitsberger is that 607 00:31:58,520 --> 00:32:02,760 Speaker 1: he has shown that he has the monetary support to 608 00:32:02,800 --> 00:32:04,400 Speaker 1: be able to win a primary challenge. 609 00:32:04,440 --> 00:32:07,840 Speaker 3: We just saw that for him, So obviously, I mean. 610 00:32:08,040 --> 00:32:12,040 Speaker 5: It's easier for somebody who refeels confident in their political position, right, 611 00:32:12,120 --> 00:32:14,880 Speaker 5: But I mean, to be fair, Leroe's just won re 612 00:32:15,000 --> 00:32:17,959 Speaker 5: election last year in Ohio and defeated a primary challenger, 613 00:32:18,040 --> 00:32:21,440 Speaker 5: not a super serious primary challenger necessarily, but he had 614 00:32:21,560 --> 00:32:24,320 Speaker 5: just won a Republican primary last year, and so it 615 00:32:24,440 --> 00:32:27,240 Speaker 5: was interesting to see. But obviously he sees it seems 616 00:32:27,320 --> 00:32:30,480 Speaker 5: like I should say that he sees this Senate run 617 00:32:30,520 --> 00:32:32,800 Speaker 5: as this is something he needed to do. 618 00:32:33,240 --> 00:32:36,840 Speaker 1: Yeah, I mean, it's just such an interesting situation because 619 00:32:37,120 --> 00:32:40,120 Speaker 1: you really see the Gateway pundon has so much power. 620 00:32:40,600 --> 00:32:44,000 Speaker 5: Yes, absolutely, And what I think this story also showed 621 00:32:44,000 --> 00:32:46,360 Speaker 5: to me was that there's an infrastructure in a way 622 00:32:46,400 --> 00:32:48,480 Speaker 5: there wasn't four or five years ago to get this 623 00:32:48,560 --> 00:32:52,280 Speaker 5: election denial moving into policy. It's like it's not just 624 00:32:52,400 --> 00:32:55,360 Speaker 5: like throwing spaghetti at the wall in social media anymore. 625 00:32:55,400 --> 00:32:58,600 Speaker 5: Like these groups that I mentioned, these election integrity groups, 626 00:32:58,680 --> 00:33:01,120 Speaker 5: they didn't exist five years years ago. And so you 627 00:33:01,160 --> 00:33:03,120 Speaker 5: have these groups of people in all of these states 628 00:33:03,360 --> 00:33:05,200 Speaker 5: who have a way, like we found call outs in 629 00:33:05,240 --> 00:33:09,040 Speaker 5: all of these states where these groups were telling their members, 630 00:33:09,120 --> 00:33:12,000 Speaker 5: here's the emails for all of your all of the 631 00:33:12,000 --> 00:33:15,040 Speaker 5: state lawmakers and the election officials, here are the talking 632 00:33:15,080 --> 00:33:17,520 Speaker 5: points on ERIC. Reach out to them. Phone calls are 633 00:33:17,560 --> 00:33:20,280 Speaker 5: best in person, it's best. Email works too, And so 634 00:33:20,320 --> 00:33:22,840 Speaker 5: there is an infrastructure now that actually works to get 635 00:33:22,880 --> 00:33:25,640 Speaker 5: these ideas into the mainstream in a way that didn't 636 00:33:25,720 --> 00:33:27,440 Speaker 5: there what there wasn't five years ago. 637 00:33:27,600 --> 00:33:28,440 Speaker 3: Right exactly. 638 00:33:29,000 --> 00:33:34,120 Speaker 1: It's such a strange situation. So you can get a 639 00:33:34,160 --> 00:33:37,440 Speaker 1: state back into ERIC. It's not like there's some mandatory 640 00:33:37,760 --> 00:33:39,040 Speaker 1: leaving period. 641 00:33:38,800 --> 00:33:41,560 Speaker 5: Right exactly. So a lot of the election official I 642 00:33:41,640 --> 00:33:44,959 Speaker 5: talk to said, basically, we just got a weather, this storm, 643 00:33:45,000 --> 00:33:49,120 Speaker 5: and hopefully in maybe it's two years, maybe it's five years, 644 00:33:49,160 --> 00:33:51,360 Speaker 5: but some of these states that have left will look 645 00:33:51,440 --> 00:33:54,400 Speaker 5: to join again. Some of the Republican states have started, 646 00:33:54,600 --> 00:33:56,880 Speaker 5: including Lrose has kind of been leading this effort to 647 00:33:56,960 --> 00:34:00,360 Speaker 5: start almost like an ERIC competitor, where they will be 648 00:34:00,360 --> 00:34:04,200 Speaker 5: able to share data amongst at least probably Republican states, 649 00:34:04,200 --> 00:34:05,880 Speaker 5: but maybe they will be able to get a few 650 00:34:05,880 --> 00:34:09,560 Speaker 5: other states. It's unclear whether that will work as well 651 00:34:09,600 --> 00:34:12,040 Speaker 5: as Eric did and whether they will be to be 652 00:34:12,080 --> 00:34:14,560 Speaker 5: able to get as many states, but there is definitely 653 00:34:14,560 --> 00:34:17,880 Speaker 5: a world where Eric kind of pushes through this weird time. 654 00:34:18,360 --> 00:34:20,760 Speaker 5: I think it's fair to say that in twenty twenty 655 00:34:20,840 --> 00:34:24,240 Speaker 5: four these states will probably not have access to that data, 656 00:34:24,280 --> 00:34:26,920 Speaker 5: and it's really unclear how they'll be able to prosecute 657 00:34:27,000 --> 00:34:27,560 Speaker 5: voter fraud. 658 00:34:27,920 --> 00:34:35,160 Speaker 1: So interesting and so weird and also depressing. Thank you 659 00:34:35,239 --> 00:34:37,280 Speaker 1: so much for joining us. I hope you'll come back. 660 00:34:37,560 --> 00:34:39,200 Speaker 5: Yeah, thank you so much for having Mollie. It's been 661 00:34:39,239 --> 00:34:39,640 Speaker 5: a pleasure. 662 00:34:40,760 --> 00:34:43,600 Speaker 3: Hi. It's Mollie and I am. 663 00:34:43,480 --> 00:34:48,600 Speaker 1: Wildly excited that for the first time, Fast Politics, the 664 00:34:48,800 --> 00:34:52,000 Speaker 1: show you're listening to right now, is going to have 665 00:34:52,080 --> 00:34:58,880 Speaker 1: merch for sale over at shop dot fastpoliticspod dot com. 666 00:34:59,320 --> 00:35:02,280 Speaker 3: You can now oh buye shirts. 667 00:35:02,160 --> 00:35:06,839 Speaker 1: Hats, hoodies, and toe bags with our incredible designs. We've 668 00:35:06,880 --> 00:35:10,400 Speaker 1: heard your cries to spread the word about our podcast 669 00:35:10,560 --> 00:35:15,360 Speaker 1: and get a tow bag with my adorable Leo the 670 00:35:15,440 --> 00:35:19,439 Speaker 1: Rescue Puppy on it. And now you can grab this 671 00:35:19,920 --> 00:35:27,200 Speaker 1: merchandise only at shop dot fastpoliticspod dot com. Thanks for 672 00:35:27,360 --> 00:35:33,920 Speaker 1: your support. Ryan Mack is a technology reporter for the 673 00:35:33,920 --> 00:35:38,319 Speaker 1: New York Times. Welcome to Fast Politics, Ryan Mack. 674 00:35:38,560 --> 00:35:39,160 Speaker 6: How's it going? 675 00:35:39,480 --> 00:35:40,600 Speaker 3: You know, live in the. 676 00:35:40,600 --> 00:35:44,279 Speaker 1: Dream completely ironically, of course. So I want to talk 677 00:35:44,360 --> 00:35:48,759 Speaker 1: to you about your I mean, I guess, do you 678 00:35:48,840 --> 00:35:50,799 Speaker 1: get sick of the Elon Musk beat? 679 00:35:51,560 --> 00:35:51,759 Speaker 5: No? 680 00:35:51,960 --> 00:35:52,360 Speaker 6: I don't know. 681 00:35:53,000 --> 00:35:54,759 Speaker 7: I've covered him for a couple of years now, and 682 00:35:54,840 --> 00:35:57,000 Speaker 7: you know, I go in and out of covering certain 683 00:35:57,040 --> 00:36:00,520 Speaker 7: companies and focusing on different things, but it's always interesting 684 00:36:00,520 --> 00:36:01,320 Speaker 7: in Elon world. 685 00:36:01,400 --> 00:36:02,840 Speaker 6: So it's it's entertaining. 686 00:36:03,160 --> 00:36:04,279 Speaker 3: Did you at one time? 687 00:36:04,360 --> 00:36:07,520 Speaker 1: Because I went on a tour of the SpaceX factory 688 00:36:08,080 --> 00:36:12,319 Speaker 1: in twenty seventeen SpaceX No, of the Tesla factory in 689 00:36:12,360 --> 00:36:15,759 Speaker 1: twenty seventeen with a like a university board that I 690 00:36:15,880 --> 00:36:18,680 Speaker 1: was not on. I was just a guest, and and 691 00:36:18,760 --> 00:36:22,880 Speaker 1: I thought, this guy is incredible, this company is amazing. 692 00:36:23,600 --> 00:36:25,040 Speaker 3: Did you Did you. 693 00:36:25,040 --> 00:36:27,839 Speaker 1: Originally have that kind of feeling about Musk or did 694 00:36:27,880 --> 00:36:31,960 Speaker 1: you always just were you always just a serious, straight 695 00:36:32,000 --> 00:36:35,720 Speaker 1: reporter who didn't have expectations about your subject. 696 00:36:37,480 --> 00:36:39,760 Speaker 7: I'll give the reporter answer, which is as any straight 697 00:36:39,800 --> 00:36:40,440 Speaker 7: serious reporter. 698 00:36:40,480 --> 00:36:40,800 Speaker 6: I don't know. 699 00:36:40,840 --> 00:36:43,200 Speaker 7: I don't let my kind of personal feelings get in 700 00:36:43,200 --> 00:36:46,399 Speaker 7: the way of what's what I report on. I will say, 701 00:36:46,400 --> 00:36:49,200 Speaker 7: you know, I focus on accountability in my work and 702 00:36:50,040 --> 00:36:52,680 Speaker 7: that's been kind of the guiding light. And so you know, 703 00:36:52,960 --> 00:36:55,600 Speaker 7: I think you can you can analyze and view Elon 704 00:36:55,680 --> 00:36:58,440 Speaker 7: in a couple buckets. He is, of course very successful. 705 00:36:58,480 --> 00:36:59,759 Speaker 7: I don't need to tell people that. You look at 706 00:36:59,760 --> 00:37:02,000 Speaker 7: his at worth, you look at what he's done with 707 00:37:02,440 --> 00:37:06,400 Speaker 7: you know, normalizing electric vehicles and privatizing the space industry 708 00:37:06,480 --> 00:37:08,680 Speaker 7: like that is all no one's ever done that. You know, 709 00:37:08,719 --> 00:37:12,040 Speaker 7: he is very singular in having done all those achievements, 710 00:37:12,640 --> 00:37:15,279 Speaker 7: and you know you can read about that and you know, 711 00:37:15,360 --> 00:37:18,680 Speaker 7: read Ashley Vats's book and see that success. At the 712 00:37:18,719 --> 00:37:21,480 Speaker 7: same time, you know, I think I started really reporting 713 00:37:21,560 --> 00:37:25,000 Speaker 7: on him and his companies at my previous job at BuzzFeed, 714 00:37:25,239 --> 00:37:29,200 Speaker 7: and you know, we were doing you know, investigations into 715 00:37:29,239 --> 00:37:32,000 Speaker 7: what was happening at those Tesla factories, and my colleague 716 00:37:32,040 --> 00:37:35,040 Speaker 7: at the time, Carolyn and Donovan, was really looking at 717 00:37:35,120 --> 00:37:37,680 Speaker 7: kind of the human costs of these factory workers who 718 00:37:37,719 --> 00:37:39,600 Speaker 7: were building these electric cars at the kind of this 719 00:37:39,640 --> 00:37:42,000 Speaker 7: breakneck pace, you know, and they were getting hurt and 720 00:37:42,040 --> 00:37:44,800 Speaker 7: crushed and you know, not getting the support from the 721 00:37:44,840 --> 00:37:48,040 Speaker 7: company because they were fighting for the union. The company 722 00:37:48,080 --> 00:37:50,719 Speaker 7: was fighting against the union movement, and you know, you 723 00:37:50,760 --> 00:37:53,040 Speaker 7: can see these people getting hurt in this process. And 724 00:37:53,520 --> 00:37:57,120 Speaker 7: that's this lens that I've I've taken into, you know, 725 00:37:57,200 --> 00:37:58,840 Speaker 7: reporting on him and his companies. 726 00:37:58,880 --> 00:38:00,600 Speaker 6: Not to say that the other side of things, you. 727 00:38:00,600 --> 00:38:02,880 Speaker 7: Know, I do acknowledge, you know, he's very successful, but 728 00:38:03,600 --> 00:38:06,040 Speaker 7: in my work, that's that's how I've seen him. 729 00:38:06,120 --> 00:38:09,600 Speaker 1: One of the things that Elon wanted to try to 730 00:38:09,640 --> 00:38:12,399 Speaker 1: do was to get Twitter to make money. That has 731 00:38:12,440 --> 00:38:16,040 Speaker 1: sort of run counter. Can you explain to us what's 732 00:38:16,080 --> 00:38:20,640 Speaker 1: happening with Twitter's advertising and just sort of where we 733 00:38:20,680 --> 00:38:21,080 Speaker 1: are with that. 734 00:38:21,320 --> 00:38:23,600 Speaker 7: Well, I think the whole thing about making money, it 735 00:38:23,640 --> 00:38:26,280 Speaker 7: really depends on what week you get him answering that question, 736 00:38:26,480 --> 00:38:28,399 Speaker 7: because some weeks, you know, I don't care about money. 737 00:38:28,440 --> 00:38:30,760 Speaker 7: It's not about money, it's about free speech. I'm making 738 00:38:30,760 --> 00:38:34,480 Speaker 7: a principal decision, you know, supposedly as he says, defending 739 00:38:34,520 --> 00:38:37,120 Speaker 7: the digital town square or whatever. You know, in other weeks, 740 00:38:37,280 --> 00:38:39,279 Speaker 7: he is a businessman, you know, he has to run 741 00:38:39,320 --> 00:38:41,520 Speaker 7: this company he paid forty four billion dollars for it. 742 00:38:41,520 --> 00:38:44,759 Speaker 7: He loaded it with I think thirteen billion dollars worth 743 00:38:44,760 --> 00:38:47,399 Speaker 7: of debt to close this deal. You know, he has 744 00:38:47,440 --> 00:38:51,520 Speaker 7: to get the economics to work. And part of this economics, 745 00:38:51,600 --> 00:38:55,040 Speaker 7: you know, the main chunk of that is the advertising portion. 746 00:38:55,400 --> 00:39:00,359 Speaker 7: And historically, like any large social media company, advertising has 747 00:39:00,560 --> 00:39:05,839 Speaker 7: been the lifeblood of Twitter, and you know it, in 748 00:39:05,880 --> 00:39:08,640 Speaker 7: the past, advertising has accounted for about ninety percent of 749 00:39:08,719 --> 00:39:13,680 Speaker 7: revenue at the company. And in coming into the company 750 00:39:13,680 --> 00:39:16,880 Speaker 7: and buying it back in October, Elon Musk has essentially 751 00:39:16,920 --> 00:39:20,799 Speaker 7: cratered that business. He's talked about it somewhat openly, and 752 00:39:21,040 --> 00:39:23,720 Speaker 7: we you know, recently got some internal documents and spoke 753 00:39:23,760 --> 00:39:26,840 Speaker 7: to some employees current informer that kind of paid a 754 00:39:26,920 --> 00:39:29,279 Speaker 7: kind of bleaker picture of where the company is at 755 00:39:29,520 --> 00:39:30,320 Speaker 7: since the takeover. 756 00:39:30,600 --> 00:39:33,719 Speaker 1: It's interesting to me because one of the things that 757 00:39:33,880 --> 00:39:36,680 Speaker 1: I was sort of surprised by, and again this is 758 00:39:36,760 --> 00:39:40,440 Speaker 1: perhaps my own naivy day, but like he does just 759 00:39:40,640 --> 00:39:45,520 Speaker 1: blatantly lie about things, which you know, again I don't 760 00:39:45,520 --> 00:39:48,239 Speaker 1: know why that shocks me so much, but like there's 761 00:39:48,239 --> 00:39:52,200 Speaker 1: certain things, like you said, if there's an ad on 762 00:39:52,360 --> 00:39:53,680 Speaker 1: your tweet, you'll. 763 00:39:53,520 --> 00:39:56,440 Speaker 3: Get paid for it. Remember that that was just not 764 00:39:56,680 --> 00:39:57,440 Speaker 3: real at all. 765 00:39:57,520 --> 00:40:00,120 Speaker 7: Right, I think he's working towards that. I would say, 766 00:40:00,160 --> 00:40:02,879 Speaker 7: you know, there is you know, undoubtedly obfuscation. 767 00:40:03,600 --> 00:40:03,839 Speaker 6: You know. 768 00:40:03,960 --> 00:40:05,960 Speaker 7: I think the thing about lying is there has to 769 00:40:05,960 --> 00:40:07,280 Speaker 7: be intent to deceive. 770 00:40:07,640 --> 00:40:07,920 Speaker 3: Right. 771 00:40:08,160 --> 00:40:12,319 Speaker 7: I think he makes these very big predictions and large 772 00:40:12,320 --> 00:40:15,000 Speaker 7: projections that often don't hit the mark. 773 00:40:15,360 --> 00:40:15,600 Speaker 3: Right. 774 00:40:15,719 --> 00:40:18,400 Speaker 7: You know, we started our story this week about problems 775 00:40:18,440 --> 00:40:21,560 Speaker 7: with advertising by looking at some of the comments he 776 00:40:21,600 --> 00:40:24,440 Speaker 7: made back in April, and he gave this interview with 777 00:40:24,480 --> 00:40:26,960 Speaker 7: his BBC reporter This kind of it's been made fun 778 00:40:27,000 --> 00:40:28,919 Speaker 7: of quite a bit, but you know, he went on 779 00:40:29,000 --> 00:40:32,640 Speaker 7: this live interview with the BBC and talked about, you know, 780 00:40:32,719 --> 00:40:35,839 Speaker 7: advertisers are almost all back on the platform. You know, 781 00:40:36,600 --> 00:40:39,680 Speaker 7: we're gonna break even. He painted this picture of the 782 00:40:39,719 --> 00:40:42,640 Speaker 7: company really having turned a corner and doing well, and 783 00:40:42,840 --> 00:40:45,759 Speaker 7: actually these documents show otherwise. 784 00:40:46,280 --> 00:40:49,640 Speaker 1: And then you have the head of trust and safety 785 00:40:50,840 --> 00:40:54,680 Speaker 1: and the head of brand safety and ad quality, and 786 00:40:55,239 --> 00:40:58,880 Speaker 1: you have I mean, you have all of these people resigning. 787 00:40:59,200 --> 00:41:02,239 Speaker 7: Yeah, and actually actually probably contextualize what those documents showed 788 00:41:02,280 --> 00:41:04,759 Speaker 7: before going into that. But with the documents showed, you know, 789 00:41:04,920 --> 00:41:08,719 Speaker 7: US AD sales were down fifty nine percent for the 790 00:41:08,760 --> 00:41:11,400 Speaker 7: first weeks of quarter two. You know, the for that 791 00:41:11,520 --> 00:41:15,080 Speaker 7: would mean, you know, April into May, the company has 792 00:41:15,280 --> 00:41:18,160 Speaker 7: been down tens of millions of dollars compared to last year. 793 00:41:18,400 --> 00:41:20,719 Speaker 6: They're also undershooting. 794 00:41:20,719 --> 00:41:24,600 Speaker 7: They're already kind of adjusted projections for revenue this quarter, 795 00:41:25,040 --> 00:41:28,280 Speaker 7: and it kind of paints this bleak, bleak picture. 796 00:41:28,480 --> 00:41:29,760 Speaker 6: For the company moving forward. 797 00:41:29,840 --> 00:41:33,560 Speaker 7: You know, if they can't bring in this money, you know, 798 00:41:34,000 --> 00:41:35,960 Speaker 7: Twitter is going to have to keep operating at a loss, 799 00:41:36,000 --> 00:41:38,320 Speaker 7: and Elon Musk's going to have to keep sinking money 800 00:41:38,480 --> 00:41:40,480 Speaker 7: into this business. You know, That's what we kind of 801 00:41:40,560 --> 00:41:43,480 Speaker 7: showed in these documents. And with regards to the questions 802 00:41:43,480 --> 00:41:46,560 Speaker 7: you asked with the kind of folks that left recently, 803 00:41:46,600 --> 00:41:49,800 Speaker 7: this all happened last week when this kind of Daily 804 00:41:49,800 --> 00:41:51,040 Speaker 7: Wire incident popped up. 805 00:41:51,280 --> 00:41:55,040 Speaker 1: Will you tell our listeners what this did? It's so stupid, 806 00:41:55,120 --> 00:41:57,120 Speaker 1: but it worked, right. They were able to get you 807 00:41:57,160 --> 00:41:58,560 Speaker 1: along to do what they wanted. 808 00:41:58,840 --> 00:42:01,239 Speaker 7: Yeah, and I think of like still reporting it out. 809 00:42:01,239 --> 00:42:04,440 Speaker 7: But basically what happened is The Daily Wire, a right 810 00:42:04,440 --> 00:42:08,120 Speaker 7: wing podcast network and content network and by Ben Shapiro, 811 00:42:08,520 --> 00:42:11,480 Speaker 7: had a movie they wanted to promote called What Is 812 00:42:11,480 --> 00:42:16,080 Speaker 7: a Woman? Obviously playing into the culture war around trans issues, 813 00:42:16,719 --> 00:42:20,319 Speaker 7: and they wanted to promote this movie. If you have 814 00:42:21,040 --> 00:42:23,640 Speaker 7: been anywhere near Elon's Twitter feed, you obviously know this 815 00:42:23,760 --> 00:42:27,680 Speaker 7: is a culture war topic that is very near and 816 00:42:27,719 --> 00:42:32,520 Speaker 7: dear to his heart. He has himself, you know, exhibited. 817 00:42:33,920 --> 00:42:36,719 Speaker 3: Trans people, right, and I. 818 00:42:36,640 --> 00:42:38,759 Speaker 7: Don't think it's very secret what his politics are on 819 00:42:38,800 --> 00:42:42,640 Speaker 7: the topic. The Daily Wires says claims that they had, 820 00:42:42,760 --> 00:42:45,480 Speaker 7: you know, a deal to promote this movie essentially, I 821 00:42:45,480 --> 00:42:47,799 Speaker 7: think hour and a half long movie, by pushing it 822 00:42:47,800 --> 00:42:50,600 Speaker 7: into some kind of special area on Twitter that it 823 00:42:50,640 --> 00:42:53,600 Speaker 7: could be promoted. There was supposed to be some money exchange, 824 00:42:53,920 --> 00:42:57,319 Speaker 7: and they claim that it was then prevented because of 825 00:42:57,360 --> 00:43:01,080 Speaker 7: the content of the video itself. Twitter had these rules 826 00:43:01,120 --> 00:43:06,640 Speaker 7: around misgendering folks and policies intended to protect people who 827 00:43:06,800 --> 00:43:09,560 Speaker 7: were trance, and those have been kind of whittled away 828 00:43:09,600 --> 00:43:12,160 Speaker 7: under Elon Musk. Yeah, I guess some of the remaining 829 00:43:12,200 --> 00:43:16,360 Speaker 7: folks at the company decided to uphold those policies. 830 00:43:16,080 --> 00:43:19,759 Speaker 3: Or maybe not. I mean they could also be lying, right, It's. 831 00:43:19,520 --> 00:43:22,640 Speaker 7: A little unclear. Yeah, it's a little unclear. So this 832 00:43:22,719 --> 00:43:26,759 Speaker 7: kind of dust up happens. Elon comes in and says, well, 833 00:43:26,840 --> 00:43:29,680 Speaker 7: you know, actually before that, you know, the video was 834 00:43:29,719 --> 00:43:33,360 Speaker 7: actually labeled on Twitter as I guess, under the company's 835 00:43:33,360 --> 00:43:36,160 Speaker 7: popolicies around hate speech. And Elon comes in and says, 836 00:43:36,160 --> 00:43:38,560 Speaker 7: this is the wrong decision, you know, decisions made that 837 00:43:38,600 --> 00:43:42,759 Speaker 7: weren't and I wasn't involved with, and he blames his underlings, 838 00:43:42,840 --> 00:43:45,439 Speaker 7: and he then gives full promotion to this video, which 839 00:43:45,480 --> 00:43:48,160 Speaker 7: then gets pushed everywhere on Twitter, and then those people 840 00:43:48,160 --> 00:43:51,920 Speaker 7: get fired or resigned. Essentially, the head of trust and 841 00:43:51,960 --> 00:43:55,319 Speaker 7: safety and the head of brand safety all left last 842 00:43:55,360 --> 00:43:57,280 Speaker 7: week in this kind of kerfuffle. 843 00:43:57,440 --> 00:44:00,040 Speaker 3: And that was because of this, yeah part. 844 00:44:00,080 --> 00:44:02,239 Speaker 7: And you know other kind of I guess dust ups 845 00:44:02,239 --> 00:44:03,840 Speaker 7: in the past, but yeah, this was kind of I 846 00:44:03,840 --> 00:44:05,240 Speaker 7: guess the nail in the coffin. 847 00:44:05,520 --> 00:44:09,919 Speaker 1: I think about Linda Jakarino, who went over there. It's 848 00:44:09,920 --> 00:44:13,600 Speaker 1: hard to imagine taking a job there after the way 849 00:44:13,680 --> 00:44:17,760 Speaker 1: he's treated his other employees. It seems like a real 850 00:44:17,960 --> 00:44:19,600 Speaker 1: gamble in my mind. 851 00:44:19,960 --> 00:44:21,640 Speaker 6: Yeah, her first day was yesterday. 852 00:44:21,840 --> 00:44:23,960 Speaker 7: I think there is no shortage of people that want 853 00:44:24,000 --> 00:44:28,040 Speaker 7: to work with this very successful entrepreneur, you know, people 854 00:44:28,080 --> 00:44:30,759 Speaker 7: that maybe view him in that other bucket as this 855 00:44:31,200 --> 00:44:34,239 Speaker 7: successful man they can hitch their start of his you know, 856 00:44:34,680 --> 00:44:37,480 Speaker 7: they can build a name for themselves. You know, there's 857 00:44:37,520 --> 00:44:39,840 Speaker 7: all types of motivations for why someone would want to 858 00:44:39,880 --> 00:44:43,000 Speaker 7: work with Elon Musk. You know, everyone has confidence in themselves. 859 00:44:43,239 --> 00:44:45,160 Speaker 7: They're maybe like, you know, maybe they see what's happened 860 00:44:45,160 --> 00:44:46,879 Speaker 7: in the past and they think they can they can 861 00:44:46,920 --> 00:44:48,759 Speaker 7: buck that trend. And you know, and there are and 862 00:44:48,760 --> 00:44:51,080 Speaker 7: there are examples of people that I've worked successively with 863 00:44:51,120 --> 00:44:53,640 Speaker 7: him in the past when shot while at SpaceX for example, 864 00:44:53,880 --> 00:44:56,120 Speaker 7: being the you know, pre eminent example of that, the 865 00:44:56,440 --> 00:44:59,080 Speaker 7: kind of president at SpaceX who's been there for decades. 866 00:44:59,520 --> 00:45:03,000 Speaker 1: So one of the things I want to ask you is, Uh, 867 00:45:03,480 --> 00:45:11,880 Speaker 1: there was this RFK junior Twitter spaces yesterday. It didn't break, 868 00:45:12,480 --> 00:45:17,799 Speaker 1: but it did spread a lot of anti VAXX conspiracy theories. 869 00:45:17,920 --> 00:45:22,320 Speaker 1: I mean, we've gone from like, you know, actively trying 870 00:45:22,440 --> 00:45:26,000 Speaker 1: not to spread these things to actively trying to spread them. 871 00:45:26,040 --> 00:45:28,040 Speaker 1: I mean, what am I missing here? 872 00:45:28,360 --> 00:45:31,560 Speaker 7: And that happened on Lindy Acarina's first day, so I'm 873 00:45:31,560 --> 00:45:35,560 Speaker 7: sure that excited advertisers that she yeah. 874 00:45:35,520 --> 00:45:36,840 Speaker 6: Once to court. 875 00:45:37,000 --> 00:45:39,839 Speaker 7: I mean it just evidence is the shift in let's 876 00:45:39,840 --> 00:45:43,080 Speaker 7: call it Twitter one point zero. Everything before Elon and 877 00:45:43,160 --> 00:45:46,520 Speaker 7: Twitter two point zero everything that has come with Elon's ownership. 878 00:45:46,600 --> 00:45:51,040 Speaker 7: You know, Twitter used to have policies around COVID misinformation. 879 00:45:51,360 --> 00:45:54,480 Speaker 7: That was something they enforced through the pandemic. They developed 880 00:45:54,480 --> 00:45:59,040 Speaker 7: it because of concerns around misinformation on the virus and 881 00:45:59,120 --> 00:46:02,480 Speaker 7: the vaccines. Obviously, we can debate, you know, how effective 882 00:46:02,520 --> 00:46:08,160 Speaker 7: those were or whether those were completely correct to implement 883 00:46:08,200 --> 00:46:12,360 Speaker 7: at the time. Now, obviously Elon has given a platform 884 00:46:12,480 --> 00:46:17,280 Speaker 7: to the leading one of the leading anti VACS activists 885 00:46:17,560 --> 00:46:21,000 Speaker 7: in the US. You know, he's obviously now a presidential candidate. 886 00:46:21,160 --> 00:46:24,960 Speaker 7: So that's the guys by which Elon has welcomed him 887 00:46:25,000 --> 00:46:27,200 Speaker 7: into this platform to do a Twitter space like he 888 00:46:27,280 --> 00:46:29,880 Speaker 7: did with Ron DeSantis a couple of weeks ago, or 889 00:46:30,080 --> 00:46:32,799 Speaker 7: I don't know what last week or something. I don't 890 00:46:32,800 --> 00:46:36,360 Speaker 7: even know the weeks anymore, But that illustrates the difference 891 00:46:36,400 --> 00:46:40,440 Speaker 7: here in the approaches of Twitter past and present. 892 00:46:40,640 --> 00:46:45,080 Speaker 1: We're seeing less accountability for this kind of thing. I mean, 893 00:46:45,440 --> 00:46:48,959 Speaker 1: do you think that there's any chance that this wolf 894 00:46:49,040 --> 00:46:52,640 Speaker 1: spur government oversight. I mean, we've seen like the spread 895 00:46:52,640 --> 00:46:57,719 Speaker 1: of misinformation via Facebook, like causing things like genocide or 896 00:46:57,760 --> 00:47:01,360 Speaker 1: helping organize genocide. I mean, you know, we've really seen 897 00:47:01,640 --> 00:47:06,120 Speaker 1: some technology that is unregulated. I mean the road to 898 00:47:06,719 --> 00:47:10,200 Speaker 1: this is paved with the bodies. And I mean do 899 00:47:10,280 --> 00:47:15,319 Speaker 1: you see any impetus for anything happening or do you 900 00:47:15,360 --> 00:47:17,680 Speaker 1: think this will just continue as it does? 901 00:47:18,000 --> 00:47:20,120 Speaker 7: I don't think, you know, not in the US. I mean, 902 00:47:20,120 --> 00:47:23,399 Speaker 7: there's really no laws around, you know, how platforms should 903 00:47:23,400 --> 00:47:27,600 Speaker 7: handle misinformation in the US, and I frankly don't know 904 00:47:27,640 --> 00:47:29,239 Speaker 7: the answer to that or don't know if that would 905 00:47:29,280 --> 00:47:31,720 Speaker 7: be the best way to adjust it. I mean, Twitter, 906 00:47:32,000 --> 00:47:35,120 Speaker 7: at its core essentially is still a private company. It's 907 00:47:35,719 --> 00:47:39,160 Speaker 7: making decisions that its owner thinks his best with regards 908 00:47:39,200 --> 00:47:42,760 Speaker 7: to how it operates. You know, it's protected by Section 909 00:47:42,800 --> 00:47:45,839 Speaker 7: two thirty and which is much longer debate to be had. 910 00:47:46,160 --> 00:47:50,400 Speaker 7: But there isn't necessarily any law breaking in the US 911 00:47:50,560 --> 00:47:54,240 Speaker 7: with regards to hosting RFK Junior on a Twitter space. 912 00:47:54,440 --> 00:47:56,600 Speaker 7: There could be a counter argument to be made that 913 00:47:56,640 --> 00:48:00,920 Speaker 7: people hearing him and his belief systems and his viewpoints 914 00:48:01,040 --> 00:48:04,400 Speaker 7: will actually go against it. You know they won't, right, right, 915 00:48:04,640 --> 00:48:06,960 Speaker 7: I might can be the business in fact in et cetera, 916 00:48:07,000 --> 00:48:07,440 Speaker 7: et cetera. 917 00:48:08,239 --> 00:48:09,560 Speaker 3: Right, you could go either way. 918 00:48:09,520 --> 00:48:13,000 Speaker 7: But there are you know, rules around social platforms and 919 00:48:13,239 --> 00:48:17,000 Speaker 7: misinformation and disinformation in the EU, and they have to 920 00:48:17,120 --> 00:48:20,840 Speaker 7: show compliance with these laws, and that could be a 921 00:48:20,840 --> 00:48:25,279 Speaker 7: potential avenue for regulation with regards to how you know, 922 00:48:25,400 --> 00:48:28,560 Speaker 7: speech is I guess regulated in these places. 923 00:48:28,600 --> 00:48:31,120 Speaker 6: So, you know, I don't think it's going to happen 924 00:48:31,120 --> 00:48:31,680 Speaker 6: in the US. 925 00:48:31,760 --> 00:48:34,200 Speaker 7: You know, the EU has these laws around compliance for 926 00:48:34,239 --> 00:48:37,279 Speaker 7: social media companies with miss info and disinfo. 927 00:48:37,480 --> 00:48:39,480 Speaker 6: But we'll see. I guess what happens with Twitter. 928 00:48:39,480 --> 00:48:43,759 Speaker 1: Is Elon's goal to host all the presidential candidates in spaces. 929 00:48:44,239 --> 00:48:45,520 Speaker 7: I think you would tell you that, And yeah, he 930 00:48:45,520 --> 00:48:48,640 Speaker 7: said he's he'd welcome other candidates as well. 931 00:48:48,560 --> 00:48:52,040 Speaker 1: But he has sort of made overtures that he's going 932 00:48:52,200 --> 00:48:53,919 Speaker 1: to support to Santa's right. 933 00:48:54,239 --> 00:48:56,520 Speaker 7: Yeah, I mean it's he's made no secret that he's 934 00:48:56,520 --> 00:48:59,200 Speaker 7: going to support Disantas. I mean, he's tweeted it multiple 935 00:48:59,280 --> 00:49:02,160 Speaker 7: times at this point. Maybe he sees himself as like 936 00:49:02,200 --> 00:49:04,719 Speaker 7: the you know, Twitter is Howard Stern in a way 937 00:49:05,160 --> 00:49:07,520 Speaker 7: where he hosts these people and he talks about talks 938 00:49:07,520 --> 00:49:09,880 Speaker 7: with them, and he just wants to be a podcast 939 00:49:09,880 --> 00:49:13,160 Speaker 7: host and like, you know, content creator. No, I don't know, 940 00:49:13,520 --> 00:49:16,680 Speaker 7: it could be an ego thing here, but yeah, he 941 00:49:16,719 --> 00:49:20,120 Speaker 7: said as much. He's wanted to bring any candidate on 942 00:49:20,239 --> 00:49:23,439 Speaker 7: to talk in his Twitter space. Whether that's the most 943 00:49:23,480 --> 00:49:25,120 Speaker 7: effective use of his time, I don't know. I'm not 944 00:49:25,160 --> 00:49:28,400 Speaker 7: a Tessa shareholder or a SpaceX shareholder, but you know 945 00:49:28,480 --> 00:49:30,800 Speaker 7: he was in a Twitter space yesterday for two hours 946 00:49:30,840 --> 00:49:35,439 Speaker 7: with RFK Junior talking about everything from vaccines to bio 947 00:49:35,560 --> 00:49:36,839 Speaker 7: weapons to nuclear power. 948 00:49:37,040 --> 00:49:40,799 Speaker 3: So better him than me. So I think the top 949 00:49:40,880 --> 00:49:42,200 Speaker 3: line here is that there. 950 00:49:42,120 --> 00:49:46,080 Speaker 1: Is a chance that everyone, no matter even if you're 951 00:49:46,080 --> 00:49:48,360 Speaker 1: the richest man in the world, all he wants to 952 00:49:48,400 --> 00:49:49,440 Speaker 1: be is a podcaster. 953 00:49:49,960 --> 00:49:51,320 Speaker 6: I mean, I feel like there's. 954 00:49:52,680 --> 00:49:55,279 Speaker 7: Yeah, I think for him, and maybe he wakes up 955 00:49:55,320 --> 00:49:56,960 Speaker 7: next week and he doesn't want to do this anymore. 956 00:49:56,960 --> 00:49:58,400 Speaker 6: Who knows, I'll just take. 957 00:49:58,160 --> 00:50:01,480 Speaker 3: His money and he can have Mike podcast. Thank you 958 00:50:01,600 --> 00:50:04,160 Speaker 3: so much, Ryan, this is great, of course, thanks for 959 00:50:04,200 --> 00:50:10,960 Speaker 3: having me. No moment, Jesse Cannon. 960 00:50:11,040 --> 00:50:14,839 Speaker 2: My Jung Fast. This RFK junior guy, he really likes 961 00:50:14,880 --> 00:50:16,760 Speaker 2: to spread the disinformation. 962 00:50:17,160 --> 00:50:22,040 Speaker 1: Elon Musk held a Twitter spaces with RFK where he 963 00:50:22,200 --> 00:50:25,760 Speaker 1: said a lot of really stupid crap. I'm talking about RFK, 964 00:50:26,160 --> 00:50:28,640 Speaker 1: though I'm sure that Elon said. 965 00:50:28,840 --> 00:50:31,239 Speaker 3: It was a little evenly distributed. 966 00:50:31,800 --> 00:50:35,000 Speaker 1: It was two hours of stupid crap from both of 967 00:50:35,040 --> 00:50:39,279 Speaker 1: those guys. Again, I don't know where they caught the 968 00:50:39,320 --> 00:50:43,680 Speaker 1: brain worms that they have, but it's pretty depressing to 969 00:50:43,840 --> 00:50:51,200 Speaker 1: watch them spreading disinformation and misinformation, especially when we know 970 00:50:51,320 --> 00:50:55,120 Speaker 1: that RFK Junior is really just acting as a spoiler 971 00:50:55,640 --> 00:50:58,719 Speaker 1: to elect Donald Trump, and for that he is our 972 00:50:58,800 --> 00:51:03,560 Speaker 1: moment Offucker. That's it for this episode of Fast Politics. 973 00:51:03,920 --> 00:51:06,839 Speaker 1: Tune in every Monday, Wednesday, and Friday to hear the 974 00:51:06,880 --> 00:51:10,320 Speaker 1: best minds in politics makes sense of all this chaos. 975 00:51:10,600 --> 00:51:13,160 Speaker 1: If you enjoyed what you've heard, please send it to 976 00:51:13,200 --> 00:51:16,600 Speaker 1: a friend and keep the conversation going. And again, thanks 977 00:51:16,600 --> 00:51:17,240 Speaker 1: for listening.