WEBVTT - Rich Wilson & Thomas Frank 0:00:00.640 --> 0:00:04.160 Hi, I'm Molly John Fast and this is Fast Politics, 0:00:04.360 --> 0:00:07.160 where we discussed the top political headlines with some of 0:00:07.160 --> 0:00:10.920 today's best minds. And Ken Martin has been elected the 0:00:10.960 --> 0:00:13.400 new DNC chair. We have such a great show for 0:00:13.440 --> 0:00:16.239 you today the Lincoln Projects. Rick Wilson stops by to 0:00:16.280 --> 0:00:18.000 talk about Trump's many assaults on. 0:00:18.000 --> 0:00:18.680 The rule of law. 0:00:19.040 --> 0:00:22.439 Then we'll talk to author Thomas Frank about why Democrats 0:00:22.480 --> 0:00:23.799 fear embracing populism. 0:00:23.840 --> 0:00:27.600 But first the news mally tariffs. 0:00:27.960 --> 0:00:32.480 It's tariff time, baby. We're going to crush the market 0:00:32.760 --> 0:00:33.760 to own the libs. 0:00:34.159 --> 0:00:38.640 So Donald Trump on Saturday, because there's no weekend in 0:00:38.760 --> 0:00:43.040 how he said he was going to enact these tariffs, 0:00:43.080 --> 0:00:47.120 signing Steve tariffs twenty five percent Mexico Canada, ten percent 0:00:47.159 --> 0:00:49.760 are China, and then of course a little less on 0:00:49.800 --> 0:00:53.360 the crew because Donald Trump loves oil. Ten percent on 0:00:53.400 --> 0:00:57.400 the fuel. He acknowledged what economists, members of Congress, and 0:00:57.480 --> 0:01:02.240 some of his old aides have said, Americans will find 0:01:02.280 --> 0:01:03.720 themselves paying the cost. 0:01:04.280 --> 0:01:04.840 I love this. 0:01:04.920 --> 0:01:07.800 He posted a non truth social this will be the 0:01:07.800 --> 0:01:09.280 Golden age of America. 0:01:09.319 --> 0:01:10.560 Explanation point. 0:01:10.760 --> 0:01:14.680 Will there be some pain question mark Yes, maybe and 0:01:14.800 --> 0:01:20.679 maybe not. Explanation point again the message, which appeared an 0:01:20.720 --> 0:01:24.440 hour before Trump arrived in his West Palm Beach, Florida 0:01:24.520 --> 0:01:27.200 golf club for the second day in a row. Because 0:01:27.319 --> 0:01:29.759 when you're crashing the economy, it's important. 0:01:29.400 --> 0:01:30.720 To make sure you can play golf. 0:01:30.920 --> 0:01:34.800 He's serious about fulfilling his campaign promise to end a 0:01:34.880 --> 0:01:39.440 legal migration by making everything more expensive. 0:01:39.760 --> 0:01:43.399 Listen that blue You don't understand how it sells in 0:01:43.440 --> 0:01:45.520 America because you don't drink molly. But let me tell you, 0:01:45.640 --> 0:01:47.880 we're really going to be upset about this Canadian teriff 0:01:48.040 --> 0:01:48.720 for ex sports. 0:01:49.040 --> 0:01:50.200 It's so stupid. 0:01:50.680 --> 0:01:52.280 It's so stupid, it doesn't. 0:01:52.000 --> 0:01:52.800 Even make any sense. 0:01:52.840 --> 0:01:55.160 But you know what does make sense is that hedge 0:01:55.200 --> 0:01:58.000 funds are betting billions that the market's going to crash 0:01:58.120 --> 0:02:01.520 on Monday. When you're listening to his podcast, just don't 0:02:01.600 --> 0:02:04.000 go look at your stocks because they're going to be down. 0:02:04.080 --> 0:02:08.320 And look, maybe here's the amazing thing about this, Donald Trump. 0:02:08.400 --> 0:02:10.519 If you look at the stock market. 0:02:10.200 --> 0:02:12.519 Tomorrow morning, when you're on your way to go play golf, 0:02:12.680 --> 0:02:16.600 you can just cancel the tariffs and then the market 0:02:16.639 --> 0:02:19.919 will bounce back. This person is one of the few 0:02:20.000 --> 0:02:21.360 people in a position to be. 0:02:21.400 --> 0:02:22.079 Able to do this. 0:02:22.160 --> 0:02:25.800 In January, right before Donald Trump took office, Investor's placed 0:02:25.840 --> 0:02:28.720 ten times more bets on the US stock market falling 0:02:28.760 --> 0:02:31.440 than equivalent bets. So they were shorting the market. You 0:02:31.440 --> 0:02:33.400 know why they were shorting the market because we have 0:02:33.440 --> 0:02:35.160 a lunatic as a president. 0:02:35.760 --> 0:02:40.640 Yeah, it's almost like for months people have been begging 0:02:40.720 --> 0:02:42.600 him to reconsider the stupidity. 0:02:42.840 --> 0:02:46.120 But it's also just I mean, markets really hate uncertainty. 0:02:46.240 --> 0:02:49.560 Donald Trump is really unpredictable and uncertain. 0:02:49.800 --> 0:02:51.720 And look, the other thing is, as much as. 0:02:51.639 --> 0:02:54.480 People were mad at Biden for not doing enough for inflation, 0:02:54.840 --> 0:02:57.320 one of the things he did was he didn't do 0:02:57.480 --> 0:03:01.280 wildly inflationary things like making everything more expensive, which we're 0:03:01.320 --> 0:03:02.280 about to see. 0:03:02.040 --> 0:03:02.840 How that goes. 0:03:03.320 --> 0:03:05.919 I think the thirty five dollars egg prices in Los 0:03:05.919 --> 0:03:07.440 Angeles right now would like a word. 0:03:07.639 --> 0:03:09.040 I mean, it's just really bad. 0:03:09.440 --> 0:03:13.200 So may we know One of the things that these 0:03:13.240 --> 0:03:17.760 Heritage Foundation types and Republicans have longs to do is 0:03:17.840 --> 0:03:20.080 take a torch to the Education Department. 0:03:20.280 --> 0:03:21.520 We don't the flames are here. 0:03:21.720 --> 0:03:24.880 They do want to dissolve the Department of Education. You 0:03:24.919 --> 0:03:28.240 know why because Jimmy Carter started it and part of 0:03:28.360 --> 0:03:30.240 Trump's thing is that he wants to get rid of 0:03:30.280 --> 0:03:34.320 everything Jimmy Carter did, so that's everything from the Department 0:03:34.320 --> 0:03:40.600 of Education to FEMA. But this is actually a McCarthy 0:03:40.760 --> 0:03:44.600 ish witch hunt for people who have ever ever attended 0:03:44.640 --> 0:03:50.840 a diversity training event. So several employees began receiving leave 0:03:51.000 --> 0:03:54.360 notices late Friday and reported them to their local union 0:03:54.400 --> 0:03:57.600 president at the American Federation of Government Employees, which, by 0:03:57.640 --> 0:04:00.600 the way, that guy's real busy right nowsically trying to 0:04:00.600 --> 0:04:04.680 figure out whoever has gone to a DEI training could 0:04:04.800 --> 0:04:07.320 end up being fired. Now, I think it's important to 0:04:07.360 --> 0:04:12.400 realize that literally everyone has been doing DEI training. This 0:04:12.480 --> 0:04:14.920 is not it wasn't even an opt in or opt 0:04:14.960 --> 0:04:18.440 out thing. People just did it. So, just like Trump 0:04:18.480 --> 0:04:22.359 has fired people in the FBI who slow walked the 0:04:22.440 --> 0:04:27.520 January sixth investigation, people who were white conservative men who 0:04:27.560 --> 0:04:30.839 thought the whole thing was silly, but still maybe prosecuted 0:04:30.880 --> 0:04:33.279 one or two cases, those people got fired. Well, now 0:04:33.720 --> 0:04:37.160 we have federal employees in the Department of Education, many 0:04:37.240 --> 0:04:40.920 of whom may actually not even be liberals or even 0:04:41.120 --> 0:04:44.520 for a DEI or even for diversity, some of which 0:04:44.600 --> 0:04:48.400 could be huge racists, and those people will be fired too. 0:04:48.839 --> 0:04:51.800 So I just want to point out like at every 0:04:51.920 --> 0:04:55.720 point this is like taking a sledgehammer to something that 0:04:56.200 --> 0:04:58.920 you know, I think weeding people out because of their 0:04:58.960 --> 0:05:02.000 ideology is is not how the federal government is supposed work. 0:05:02.040 --> 0:05:04.560 But even if you were to do that, that's not 0:05:04.600 --> 0:05:07.800 what's happening here. What's happening here is just chaos. And 0:05:07.839 --> 0:05:12.599 again this will of course end up being litigated to 0:05:12.720 --> 0:05:15.280 the hilt, but more than anything, it's also just a 0:05:15.400 --> 0:05:18.640 question of just such a stupid way to go about things, 0:05:18.720 --> 0:05:19.800 and we're going to see more of that. 0:05:20.160 --> 0:05:24.200 So Maley with the tariffs, of course, Mexico and Canada 0:05:24.200 --> 0:05:27.799 are actually fighting back. I think particularly some of Canada's 0:05:27.800 --> 0:05:29.720 strategy around this is pretty interesting. 0:05:30.200 --> 0:05:30.479 Yeah. 0:05:30.600 --> 0:05:34.000 First of all, they're, yeah, make it worse for red states. 0:05:34.279 --> 0:05:38.000 So Canada is going to target red states. They're going 0:05:38.080 --> 0:05:41.359 to target red state exports, things like orange juice that 0:05:41.440 --> 0:05:44.839 comes from Florida and liquor that comes from Kentucky, and 0:05:44.839 --> 0:05:47.400 they're going to go after the things that will actually 0:05:47.560 --> 0:05:48.600 hurt Trump voters. 0:05:49.160 --> 0:05:52.200 Yeah, and now Trump is saying that he'll raise the 0:05:52.279 --> 0:05:55.800 tariffs even more on Canada if they try to do 0:05:55.880 --> 0:05:59.120 things like this as usual in this era, the stupidity 0:05:59.320 --> 0:06:01.520 just keeps being a race to the bottom. 0:06:01.600 --> 0:06:05.200 Correct. 0:06:06.440 --> 0:06:08.599 Rick Wilson is the founder of the Lincoln Project and 0:06:08.600 --> 0:06:12.080 the host of the Enemy's List. Welcome back to Fast Politics, 0:06:12.160 --> 0:06:13.239 Rick Wilson. 0:06:13.160 --> 0:06:16.320 Hello, Molly John Fast. Welcome to the forty second month 0:06:16.360 --> 0:06:17.680 of the second Trump presidency. 0:06:17.839 --> 0:06:20.080 We're closing in on two weeks. 0:06:20.320 --> 0:06:22.040 Yes, indeed, but it. 0:06:22.000 --> 0:06:23.760 Does not feel like two weeks, does it. 0:06:24.120 --> 0:06:26.240 You know, they promised that they were going to flood 0:06:26.279 --> 0:06:28.640 the zone with shit, and I think it's important to 0:06:28.680 --> 0:06:30.240 emphasize the with shit part. 0:06:30.360 --> 0:06:30.600 You Know. 0:06:30.800 --> 0:06:34.080 What I'm struck by, as someone who who has done 0:06:34.120 --> 0:06:37.120 a lot of research on Project twenty twenty five is like, 0:06:37.600 --> 0:06:39.480 what we did that documentary on it? 0:06:39.680 --> 0:06:40.600 Wait? What project? 0:06:40.640 --> 0:06:41.440 What? Yeah? 0:06:41.480 --> 0:06:43.960 Exactly Trump's talking to do that. He said he wasn't, He. 0:06:44.120 --> 0:06:44.919 Said he wouldn't. 0:06:45.040 --> 0:06:49.039 But when we got involved in covering it in July 0:06:49.400 --> 0:06:52.240 and interviewing all the people who were academics to talk 0:06:52.240 --> 0:06:54.000 about it, one of the things I was struck by 0:06:54.520 --> 0:06:57.800 was just how it was like a laundry list of 0:06:57.880 --> 0:07:01.120 everything everyone who's conservative I had ever wanted. 0:07:01.800 --> 0:07:05.320 So it was like, you know, make life harder. 0:07:05.000 --> 0:07:07.880 For LGBTQ people were going to do this, We're going 0:07:07.920 --> 0:07:10.720 to do that, But the central focus this sort of 0:07:10.920 --> 0:07:15.200 unraveling of the federal government at breakneck speeds. I did 0:07:15.240 --> 0:07:20.320 not realize how much DOGE would be a part of 0:07:20.480 --> 0:07:22.640 trying to dismantle the federal government. 0:07:23.120 --> 0:07:25.600 And it's really something. 0:07:25.600 --> 0:07:28.160 I think it's important to understand that there are three 0:07:28.200 --> 0:07:31.720 factions inside of the Trump universe right now, and they're 0:07:31.760 --> 0:07:35.880 working together for the moment. There are the political arsonists 0:07:36.160 --> 0:07:39.600 who believe you have to not only reform government or 0:07:39.640 --> 0:07:40.440 shrink it, but. 0:07:40.480 --> 0:07:43.480 Kill it right and that's who That's. 0:07:43.160 --> 0:07:46.600 The russ Voughts. That's probably the majority of the coalition 0:07:46.720 --> 0:07:50.120 right now. There are the rologarchs and the kleptocrats, and 0:07:50.200 --> 0:07:52.679 I put Elon in kind of both camps, who want 0:07:52.720 --> 0:07:55.920 to take control of the systems in the government that 0:07:55.960 --> 0:07:58.360 will make them more rich. You know, call me crazy, 0:07:58.360 --> 0:08:00.640 but a guy who receives billions and millions and billions 0:08:00.680 --> 0:08:03.920 of dollars of taxpayer money every year having control over 0:08:03.960 --> 0:08:06.760 the system that hays people who get billions of dollars 0:08:06.880 --> 0:08:09.160 of taxpayer money every year is a little bit of 0:08:09.200 --> 0:08:11.920 a conflict. Call me crazy and Finally, there's the what 0:08:12.000 --> 0:08:14.160 I call the faith based weirdo community who want to 0:08:14.200 --> 0:08:17.440 reorganize American society along biblical lines and all this. 0:08:17.360 --> 0:08:19.360 Stuff we want to bring about the rapture. 0:08:19.640 --> 0:08:22.120 They are so hot for the rapture. But all of 0:08:22.120 --> 0:08:26.240 these groups right now are working somewhat together. Oh and 0:08:26.280 --> 0:08:30.200 there's a tiny fraction of the normies who just want 0:08:30.240 --> 0:08:31.040 their tax bill. 0:08:30.880 --> 0:08:33.600 Cut, right. I mean, I think that the voters are 0:08:33.640 --> 0:08:34.200 more like that. 0:08:35.160 --> 0:08:38.120 Some but a lot of them also are these revolutionary 0:08:38.120 --> 0:08:40.840 types who believe that, you know, things like the Agency 0:08:40.840 --> 0:08:44.040 for International Development is a Satanic cabal, right. 0:08:44.280 --> 0:08:46.720 I mean, not a lot of them, but that's the base. 0:08:46.880 --> 0:08:47.440 That's the base. 0:08:47.559 --> 0:08:49.480 Yeah, it's not a lot, but it is a meaningful 0:08:49.559 --> 0:08:52.000 part of the basis what I call the catalog of 0:08:52.000 --> 0:08:53.240 imaginary demons. 0:08:53.480 --> 0:08:54.600 Yeah, and I think that. 0:08:54.640 --> 0:08:59.520 Right now we have one overwhelming piece of fact evidence 0:08:59.600 --> 0:09:03.280 right now, overwhelming piece of data about this world, and 0:09:03.320 --> 0:09:06.800 that is that President Musk is the single dominant force. 0:09:06.920 --> 0:09:08.960 As you point out, we did not some people did 0:09:09.000 --> 0:09:11.920 not anticipate the doge, which is just Elon by the way, 0:09:12.040 --> 0:09:15.400 and his minions, that they would be running and breaking 0:09:15.400 --> 0:09:18.240 into government computer systems that today they'd be at the 0:09:18.240 --> 0:09:21.679 State Department, an agency for international development, trying to get 0:09:21.720 --> 0:09:25.679 into classified records for which they have zero clearance. 0:09:25.880 --> 0:09:29.840 Right, and we're not elected to do more importantly. 0:09:29.480 --> 0:09:31.640 Right, as somebody said the to day, if Barack Obama 0:09:31.679 --> 0:09:34.920 had said to George Soros and his team go rifle 0:09:35.000 --> 0:09:39.680 through all the payment systems and government records in the government, 0:09:39.960 --> 0:09:42.640 what would the reaction on Fox be? Nuclear war? 0:09:43.240 --> 0:09:43.560 Right? 0:09:43.720 --> 0:09:44.600 This is the kind of thing. 0:09:44.640 --> 0:09:48.040 If Democrats did a fifteenth of this, they would all 0:09:48.120 --> 0:09:50.120 end up there would be a mutiny. But the thing 0:09:50.200 --> 0:09:53.320 is Democrats would never do this, nor would they do 0:09:53.720 --> 0:09:57.360 the things that they should do that would counter this, 0:09:57.679 --> 0:09:59.520 which is basically how we got here. 0:10:00.000 --> 0:10:03.000 I was on an email chain and I kind of 0:10:03.000 --> 0:10:04.800 lost my mind with somebody this morning. And I don't 0:10:04.840 --> 0:10:07.280 really do that a lot. I don't really go are 0:10:07.320 --> 0:10:11.080 you fucking kidding me? Very frequently to allies. But this 0:10:11.559 --> 0:10:14.680 very good intention person is arguing to me, Oh, man, 0:10:14.760 --> 0:10:16.800 come on, we can just get him on the economy. Now, 0:10:16.800 --> 0:10:18.760 he's going to screw up the economy and we'll talk 0:10:18.800 --> 0:10:21.240 about how we're good for working people. And all I 0:10:21.240 --> 0:10:23.920 could think of was, are you ef thing kidding me? 0:10:24.280 --> 0:10:26.839 These guys have already taken away working people from the 0:10:26.880 --> 0:10:32.000 Democrats by calling the Democrats satanic, pedophile satanists every day. 0:10:32.640 --> 0:10:34.680 And the Democrats think they're going to sit across the table. 0:10:34.960 --> 0:10:38.640 And this person said to me, in good faith, you know, 0:10:38.840 --> 0:10:41.600 our focus groups keep telling us that voters want us 0:10:41.640 --> 0:10:44.280 to work together. And I'm like, so you're gonna let 0:10:44.280 --> 0:10:46.920 them fuck you in public and then fuck your mother 0:10:46.960 --> 0:10:49.040 and your dog in public and humiliate you. 0:10:49.320 --> 0:10:51.679 Yeah. So one of the things I was struck by. 0:10:51.800 --> 0:10:54.680 And again I think there's way too much talking about 0:10:54.840 --> 0:10:57.560 strategizing and not enough just actually doing stuff. 0:10:57.559 --> 0:10:59.600 But one of the things I was stripped by was 0:10:59.800 --> 0:11:01.400 the Justin Trudeau. 0:11:01.760 --> 0:11:06.760 Was explaining how tariffs work in a really clear way 0:11:07.000 --> 0:11:10.640 that I had not heard any of the Democrats, do 0:11:11.000 --> 0:11:13.040 you know. He said like, Donald Trump is going to 0:11:13.080 --> 0:11:17.320 punish us. But then he started speaking to Americans and 0:11:17.360 --> 0:11:19.040 He's like, and here's what he's that's going to. 0:11:19.080 --> 0:11:19.600 Do to you. 0:11:19.840 --> 0:11:22.839 And and I think that some of it was this 0:11:23.000 --> 0:11:25.800 fundamental like I didn't know that there were a lot 0:11:25.840 --> 0:11:30.160 of products like car parts that would come to Canada 0:11:30.320 --> 0:11:31.920 go back, go back again. 0:11:32.080 --> 0:11:33.400 You know that that will go. 0:11:33.440 --> 0:11:36.400 Back and forth, you know, four or five times, and 0:11:36.480 --> 0:11:39.720 so you know, they these things will be impossible to 0:11:39.800 --> 0:11:41.160 teariff Mutually. 0:11:41.200 --> 0:11:46.199 Beneficial trade between the United States and Canada and between 0:11:46.360 --> 0:11:49.200 the United States and Mexico has been one of the 0:11:49.200 --> 0:11:54.480 most fundamental economic facts that has helped all three countries meaningfully. 0:11:54.760 --> 0:11:59.280 This crap Trump's spewing out today, Oh, we're subsilois Canada. No, Donald, 0:11:59.480 --> 0:12:02.280 we really don't. All of it comes down to a 0:12:02.280 --> 0:12:07.160 fundamental misread and misunderstanding of modern economics. If Trump had 0:12:07.200 --> 0:12:10.640 any macroeconomic thinkers on his staff, they would say, oh, God, 0:12:10.920 --> 0:12:13.880 tariffs are a disaster. You have to stop this. You know, 0:12:13.960 --> 0:12:17.920 everybody was sort of like, oh, Steve Bissona seems very normal. 0:12:17.920 --> 0:12:20.720 The Treasury Secretary seems like a normy. He should be good. 0:12:21.000 --> 0:12:23.079 And now what is he doing? I mean, I'm looking 0:12:23.160 --> 0:12:26.680 right now on my screen. The world is shorting American 0:12:26.760 --> 0:12:29.280 markets for tomorrow. The stock Mark's going to open tomorrow 0:12:29.440 --> 0:12:31.840 or today? Is when this is being heard with a 0:12:31.960 --> 0:12:32.720 blood bath? 0:12:33.240 --> 0:12:34.280 Yeah, yeah, yeah. 0:12:34.520 --> 0:12:38.839 And these people they understand that Donald Trump has a 0:12:39.040 --> 0:12:42.679 wrong and dumb approach to this, but they are too 0:12:42.720 --> 0:12:45.520 afraid to say Donald, this is wrong and dumb. 0:12:45.640 --> 0:12:46.760 Well, they don't want to get fired. 0:12:46.840 --> 0:12:48.280 Well, they would be fired, that's true. 0:12:48.559 --> 0:12:54.160 Yeah, agreed, And I also think that this incredible story. 0:12:54.840 --> 0:12:59.600 Now we have Mayor Pete talking about Pete Buddhadage talking 0:12:59.600 --> 0:13:02.880 about how a lot of air traffic controllers were actually 0:13:02.920 --> 0:13:06.640 offered by it. Right, So even though there weren't necessarily 0:13:06.840 --> 0:13:10.600 though you know, there's a real crisis getting enough air 0:13:10.640 --> 0:13:14.480 traffic controllers, but a bunch of air traffic controllers got those, 0:13:14.960 --> 0:13:19.120 you know, got something similar to the emails right, the 0:13:19.160 --> 0:13:20.800 fork in the road email. 0:13:20.960 --> 0:13:23.960 The quick now get till August, or will fire you 0:13:24.000 --> 0:13:24.880 and you'll get nothing. 0:13:25.240 --> 0:13:25.440 Right. 0:13:25.880 --> 0:13:28.959 So watching that, you know, that's another thing. I mean, 0:13:29.000 --> 0:13:31.840 the whole idea of mate, you'll make the government more efficient. 0:13:32.040 --> 0:13:36.360 It will happen the way that Elon made X more efficient, 0:13:36.480 --> 0:13:39.880 which means that all of these services that made it 0:13:39.920 --> 0:13:42.000 a place you wanted to go will disappear. 0:13:42.360 --> 0:13:45.520 I want people to understand very clearly that Elon is 0:13:45.559 --> 0:13:50.720 looking for sort of b s, you know, splashy, fox 0:13:50.840 --> 0:13:54.760 friendly cuts that he'll be able to say, oh, well, 0:13:54.760 --> 0:13:57.720 we did this because we had to cut this program 0:13:57.720 --> 0:14:02.199 at aid for Lutheran Social Search that's FAD five million 0:14:02.280 --> 0:14:02.760 dollars a. 0:14:02.760 --> 0:14:05.400 Year today's Elon enemy is Lutherans. 0:14:05.400 --> 0:14:09.200 In case you wondering, those perdicious Lutherans are the problem. 0:14:09.360 --> 0:14:11.480 Here's my point on this though, and I think it's 0:14:11.640 --> 0:14:16.960 really important we understand this. The Lutherans are the rounding 0:14:17.160 --> 0:14:22.240 error of a fraction of a fraction of a deminimous 0:14:22.280 --> 0:14:26.000 amount of trivial spare change money. If you really wanted 0:14:26.000 --> 0:14:28.440 to cut trillions of dollars, as Elon claims he wants 0:14:28.520 --> 0:14:30.400 to do, you have to go for the big things. 0:14:30.400 --> 0:14:31.880 You have to go for Social Security, you have to 0:14:31.880 --> 0:14:34.320 go for Medicare, you have to go for Medicaid. And luckily, 0:14:34.520 --> 0:14:36.720 now that Elon Musk is in charge of all those 0:14:36.760 --> 0:14:39.960 payment systems, he can start cut. This is what makes 0:14:40.000 --> 0:14:41.920 me crazy about this right now. 0:14:41.920 --> 0:14:45.880 Who is a person who made billions of dollars on 0:14:46.440 --> 0:14:48.200 government subsidies? 0:14:48.440 --> 0:14:51.240 Yeah, and then let's let's be very real and very clear. 0:14:51.680 --> 0:14:55.200 Elon Musk is a welfare queen. He produces pretty rockets, 0:14:55.200 --> 0:14:59.640 which I really like, and his company receives billions of 0:14:59.720 --> 0:15:01.640 dollars of federal subsidies. 0:15:02.120 --> 0:15:07.520 Yeah, billions of dollars billion, way more than US Aid does. 0:15:08.040 --> 0:15:11.000 And I think right, order of magnitude right, and. 0:15:11.240 --> 0:15:14.840 I think that it's also worth remembering. So basically Trump 0:15:14.880 --> 0:15:19.360 doesn't understand soft power, right, he doesn't understand why you 0:15:19.400 --> 0:15:21.560 give money to AID organizations. 0:15:21.960 --> 0:15:25.480 I think some of this is Elon and a lot 0:15:25.520 --> 0:15:28.720 of these weirdos do understand how important those things are 0:15:28.960 --> 0:15:31.080 to American soft power. If you're the Chinese and the 0:15:31.120 --> 0:15:35.200 Russians watching USAID get dismantled, watching a way that the 0:15:35.320 --> 0:15:38.360 United States can go into other countries in Africa, in 0:15:38.480 --> 0:15:41.840 Asia and Latin America and South America and show our 0:15:41.880 --> 0:15:45.760 best selves our foes, our competitors, and our foes hate 0:15:45.760 --> 0:15:47.600 that kind of thing. They would much rather it be 0:15:47.640 --> 0:15:50.800 about who can the Chinese roll into the Central African 0:15:50.840 --> 0:15:54.800 Republic and bribe? Who can the Russians roll into meandmar 0:15:54.920 --> 0:15:57.240 and bribe? They would much rather it be that kind 0:15:57.240 --> 0:15:59.760 of world. And Elon and his calling it a criminal 0:15:59.880 --> 0:16:02.280 or organization, we really are going to come to a 0:16:02.320 --> 0:16:04.240 moment here. You can decide if you think it's a 0:16:04.280 --> 0:16:06.840 criminal organization or not if your review the books, But 0:16:06.880 --> 0:16:08.680 we're going to come to a moment here where it 0:16:08.760 --> 0:16:14.120 is a statutory, implemented government agency, it is in law. 0:16:14.520 --> 0:16:16.960 At some point, the Democrats in Congress will stand the 0:16:17.040 --> 0:16:19.640 fuck up, call up the guys at Future Forward or 0:16:19.640 --> 0:16:23.200 are still sitting on one hundred million dollars, and say, 0:16:23.360 --> 0:16:26.840 hire every fucking lawyer in America. We're going to court. 0:16:27.160 --> 0:16:30.160 Hire them all. We're going to court, because right now, 0:16:30.400 --> 0:16:32.200 the idea that we're going to sort of like hope 0:16:32.200 --> 0:16:35.240 that somebody maybe sort of steps up and defends the 0:16:35.760 --> 0:16:38.000 institutions is clearly not happening. 0:16:38.120 --> 0:16:40.760 Explain this a little better, you would like that to happen. 0:16:41.120 --> 0:16:44.000 Absolutely, we need to fight this battle, even if you 0:16:44.080 --> 0:16:46.400 lose it in the Supreme Court, and I don't think 0:16:46.400 --> 0:16:48.600 you will, by the bye, I don't think you will 0:16:48.600 --> 0:16:51.320 lose this in the Supreme Court. Taking it to court 0:16:51.360 --> 0:16:55.040 slows down the chaos, and they need as much chaos 0:16:55.040 --> 0:16:56.800 in as short a period of time as they can 0:16:56.880 --> 0:17:00.520 possibly wrangle. That idea that we're just going to sit 0:17:00.600 --> 0:17:03.600 here and let them do all these things is mistaken, 0:17:03.760 --> 0:17:06.040 and it's also something that the Democrats have to do 0:17:06.080 --> 0:17:09.439 in Congress itself. Right No, they have told on with 0:17:09.600 --> 0:17:13.160 every lobbyist in Washington, because a lot of lobbyists are like, oh, well, 0:17:13.200 --> 0:17:15.160 you know this, it's going to be okay, we'll work 0:17:15.200 --> 0:17:18.240 it out. We'll bribe Trump. They need to basically start saying, 0:17:18.520 --> 0:17:22.600 play some hardball, stop everything. If Mitch McConnell was a 0:17:22.680 --> 0:17:25.320 Democrat right now, do you think this and it would 0:17:25.320 --> 0:17:28.360 be rolling over like it is for Trump's nominees. If 0:17:28.400 --> 0:17:30.359 Mitch McConnell was a Democrat. 0:17:30.200 --> 0:17:31.240 No, certainly not. 0:17:31.560 --> 0:17:37.200 When the market's open tomorrow and the creator what happens. 0:17:36.880 --> 0:17:40.520 Next, Well, I think Trump will try to first break 0:17:40.560 --> 0:17:43.800 the markets to his will right and say it's a 0:17:43.800 --> 0:17:49.280 conspiracy by the globalist elites. But you know, I don't 0:17:49.320 --> 0:17:51.680 think that it really is going to hold up, and 0:17:51.760 --> 0:17:54.360 Elon is going to try to continue doing all this stuff. Look, 0:17:54.400 --> 0:17:57.240 these guys are Elon is like a sieve for data 0:17:57.320 --> 0:18:01.320 right now. His people are stealing American government day wholesale. 0:18:01.560 --> 0:18:03.200 He wants this to go as long as he can. 0:18:03.440 --> 0:18:08.399 We need to see the American financial community figure out 0:18:08.760 --> 0:18:12.280 that the pain that Trump is trying to inflict is 0:18:12.960 --> 0:18:15.959 fundamentally going to blow back on us. At the end 0:18:15.960 --> 0:18:18.920 of the day. Canada and Mexico will take some damage, Okay, 0:18:19.320 --> 0:18:21.199 you know what they will. They'll take some damage, but 0:18:21.440 --> 0:18:23.200 at the end of the day, the damage here will 0:18:23.240 --> 0:18:26.520 be even greater. And we need the markets to understand 0:18:26.520 --> 0:18:27.640 that fast sooner than later. 0:18:27.760 --> 0:18:30.560 I think they do, and I think they do. 0:18:30.640 --> 0:18:32.960 I mean, we've seen that right now as we're recording 0:18:33.000 --> 0:18:36.400 this on Sunday afternoon, the Dow is down almost four 0:18:36.480 --> 0:18:39.639 hundred points in the pre market trading, and the SMP 0:18:39.800 --> 0:18:42.119 is down about thirty three points in the pre market trading, 0:18:42.280 --> 0:18:44.879 and Nasdaq is down as well, about thirty five points. 0:18:44.880 --> 0:18:46.439 I think we're not going to have a pretty day 0:18:46.480 --> 0:18:51.960 tomorrow because one thing markets want is rationality, consistency, predictability, 0:18:52.160 --> 0:18:54.600 and right now I don't see a lot of predictability 0:18:54.640 --> 0:18:55.840 in this system we're looking at. 0:18:56.040 --> 0:18:59.680 Yes, I think Democrats are not doing enough, not loud enough, 0:19:00.119 --> 0:19:04.399 not clear enough about what they should be doing to 0:19:04.520 --> 0:19:08.920 stop this. And also again the drum beat should be this, 0:19:09.320 --> 0:19:11.760 you did not vote for Elon Musk. You did not 0:19:11.880 --> 0:19:14.280 vote to give him your data. You did not vote 0:19:14.320 --> 0:19:17.240 for him to control the payments. But the other thing 0:19:17.480 --> 0:19:20.399 that I do think is good about this moment is 0:19:20.920 --> 0:19:24.720 Donald Trump is not Justice Roberts, right, He is not. 0:19:25.080 --> 0:19:28.400 He is not Justice John Roberts. He is just as 0:19:28.920 --> 0:19:32.680 Sam Alito. He is burning the whole fucking place down. 0:19:32.800 --> 0:19:35.840 Whatever pissed him off in this world. He wants it 0:19:35.960 --> 0:19:36.919 to die. 0:19:37.000 --> 0:19:40.080 Right, And so the last two weeks it's very hard 0:19:40.359 --> 0:19:43.639 to point to something that wasn't insane. 0:19:43.920 --> 0:19:47.920 And now the idea that they're going to go, you know, it's. 0:19:47.880 --> 0:19:51.400 Very hard to say. And I also think the warring fractions. 0:19:51.760 --> 0:19:54.600 Steve Bannen has not is not giving Elon a pass 0:19:54.800 --> 0:19:57.960 by any stretch of the imagination. If anything, he's after 0:19:58.040 --> 0:19:58.480 him more. 0:19:58.880 --> 0:20:02.359 Steve right now is having a weird moment because he's 0:20:02.400 --> 0:20:06.000