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Speaker 1: Hey, guys, Saga and Crystal here.

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

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Speaker 2: All right, you've just been listening to the once in

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Speaker 2: future President Donald Trump once again assuming office. That's right,

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Speaker 2: the once in current president. Uh Sager. Let me turn

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Speaker 2: to you for your initial response. And you know, we've

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Speaker 2: been sort of underscoring some of the contrasts between this

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Speaker 2: Trump presidency versus the first Trump presidency, and to me,

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Speaker 2: a lot of those were evident in the you know,

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Speaker 2: the tone and the approach to this speech for versus

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Speaker 2: the twenty sixteen American Garnrent speech.

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Speaker 3: This was really a blend I thought of the two speeches,

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Speaker 3: and it reflects the victory that Trump has now won

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Speaker 3: as opposed to the underdog kind of surprise status that

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Speaker 3: he had the first time American Carnage, and the themes

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Speaker 3: of that speech were present, I would say in about

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Speaker 3: the first ten to twelve minutes, where it was really

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Speaker 3: a searing indictment of the Biden presidency, from foreign chaos

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Speaker 3: to inflation, to an overall indictment of cultural liberalism and

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Speaker 3: the left. So the way that the speech was structured

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Speaker 3: was really interesting. It began, you know, both with the

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Speaker 3: Golden Age of America starts right now if we think

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Speaker 3: about it, almost like a college paper. The second paragraph

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Speaker 3: then was one which laid out his theory of what

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Speaker 3: went wrong in America, from immigration, chaos at the southern border, inflation,

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Speaker 3: cultural liberalism, and then it came to his solutions. What

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Speaker 3: was interesting actually was to hear many of the concrete proposals.

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Speaker 3: That was the big thing that was very different from

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Speaker 3: the first time around the specific executive orders. This was

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Speaker 3: also tonally, you know, this is state of the Union Trump.

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Speaker 3: This is his most disciplined. He only went off script

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Speaker 3: one or two times. There was a weaving in of

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Speaker 3: some of the most famous moments in American history, from

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Speaker 3: the call to put a man on the Moon by

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Speaker 3: John F. Kennedy, we will plant the stars and strikes

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Speaker 3: on the planet Mars.

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Speaker 4: He's talked specifically.

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Speaker 3: I have here in my notes about many of the

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Speaker 3: things that he ticked off from foreign chaos. But actually

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Speaker 3: what's really interesting to me about the speech was this

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Speaker 3: was only about thirty six some minutes. I think here

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Speaker 3: as an inaugural address, relatively average in the number of times,

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Speaker 3: but spent significantly less time on foreign affairs than I thought.

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Speaker 3: And that is interesting to me because it is clear

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Speaker 3: from what I could see with Trump's speech that this

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Speaker 3: was all about politics here at home. So if we

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Speaker 3: think about some of the previous big speeches by American presidents,

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Speaker 3: the inaugural address is very often Famously, in two thousand

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Speaker 3: and nine, Barack Obama extends his hand into our sorry

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Speaker 3: his fist into a hand to the country of Iran,

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Speaker 3: which led to the Iran Deal. President Reagan spent huge

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Speaker 3: portions of his speech speaking about the Soviet Union, about communism, similarly.

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Speaker 4: To George W. Bush. A lot of people will not

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Speaker 4: George HW.

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Speaker 3: Bush. Many people may not remember Bill Clinton spent a

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Speaker 3: significant amount of time kind of thinking about.

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Speaker 4: The post Cold War era.

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Speaker 3: This was a speech about America and its problems, and

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Speaker 3: to the extent that the foreign affairs were weaved into it,

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Speaker 3: it was about our spirit of national unity and I

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Speaker 3: will win to achieve the peacemaker unifier status. So I

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Speaker 3: was really interested to see that tonally, how strikingly different

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Speaker 3: that is than a lot of inaugural addresses that are

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Speaker 3: often given. But yeah, overall, I would say it was

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Speaker 3: a blend of the original twenty sixteen American carnage. We

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Speaker 3: had the you know, the wealth that has been taken

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Speaker 3: from you, with a really an indictment of the bipartisan

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Speaker 3: elite of the Biden presidency, but then bringing it all

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Speaker 3: really to a source of cohesive unity in America and

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Speaker 3: that from that will flow prosperity both at home and abroad.

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Speaker 3: So interesting for me to watch it, actually, I thought

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Speaker 3: he did a pretty good job. Both he stuck to

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Speaker 3: stuck to his overall text, which is difficult for him tonally,

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Speaker 3: hit all of some of the most popular parts of

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Speaker 3: his campaign promises and also that have been pulling as

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Speaker 3: we've seen in some recent stuff.

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Speaker 4: I'm sure we'll discuss in our shows going forward.

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Speaker 3: So you know, overall, this is a speech that very

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Speaker 3: much fits in the spirit of American carnage, but represents

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Speaker 3: him coming into his second term. You know, will I

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Speaker 3: will note you know there was not calls for unity

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Speaker 3: quote unquote in terms of working with the Democrats. This

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Speaker 3: was a defiant Trump, a popularly elected Trump that I

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Speaker 3: thought was interesting also to see from him very much

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Speaker 3: in terms of the lessons that he's taken over the

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Speaker 3: last four years, linking his own persecution and you know,

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Speaker 3: his legal you know, indictments from the Biden administration to

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Speaker 3: how he was able to overcome that in the spirit

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Speaker 3: of the American people, kind of fusing those two things.

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Speaker 4: So very interesting speech, I.

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Speaker 3: Thought overall, and I think it's quite effective in terms

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Speaker 3: of him delivering his message.

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Speaker 5: Emily, what were your thoughts.

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Speaker 6: Well, you know, I think what we're seeing a lot

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Speaker 6: of his advisors or his operatives tweet in unison is

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Speaker 6: golden age. Golden age. He whoever wrote that speech was

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Speaker 6: talking about sunshine pouring all over the world, and I

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Speaker 6: think there was a really intentional effort to blend, or says,

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Speaker 6: American carnage and optimism in a way that the original

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Speaker 6: make America great Again never like that original catchphrase was

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Speaker 6: not always forward looking in terms of the tone that

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Speaker 6: Trump leveraged it in Reagan is very different than that.

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Speaker 6: Reagan was much more forward looking whenever he talked about

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Speaker 6: making America great again, which he literally used the same

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Speaker 6: line that was from Reagan. And I think what Trump

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Speaker 6: did was move a little bit more in that direction

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Speaker 6: and tried to use the esthetic conjure, the aesthetic of sunniness,

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Speaker 6: golden sunny. We're hearing this over and over again. I

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Speaker 6: think that's what they wanted to be. The number one

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Speaker 6: takeaway from the speech was the tone of like literally

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Speaker 6: sunshine and gold Yeah.

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Speaker 2: Yeah, well, and that's why I actually didn't think that

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Speaker 2: it bore much of any resemblance in American Carners speech,

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Speaker 2: because that one really went deep on not only painting

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Speaker 2: a dark portrait of America, which you know many Americans

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Speaker 2: agree with, and I also agree with painting that picture

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Speaker 2: in a way that was an indictment of both party establishments.

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Speaker 2: This is a much more partisan speech. But in addition,

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Speaker 2: you know, the line in the speech that actually stood

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Speaker 2: out the most to me as such an encapsulation of

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Speaker 2: the difference between that speech and that moment and this

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Speaker 2: moment is when he was talking about the La fires

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Speaker 2: and he says, many rich and powerful people's homes burned down,

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Speaker 2: and many of those rich and powerful people are with

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Speaker 2: me here right now. So different from the theme of

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Speaker 2: American Carnage was I'm for the forgotten man and the

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Speaker 2: forgotten women. And now the optics are I have all

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Speaker 2: of my billionaire buddies here with me, ready to run

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Speaker 2: the government. If I could just I'm just going to

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Speaker 2: read a portion so people could recall the American Carnage

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Speaker 2: speech and what the tone was, and to me, how

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Speaker 2: different it was from this almost felt like to your

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Speaker 2: points are like a state of the Union. It was

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Speaker 2: like a laundry list of working in that executive orders

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Speaker 2: blah blah blah. But he said in that speech, which

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Speaker 2: really painted the vision the sort of ideological orientation of

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Speaker 2: trumpsm at least is the way it was sold to

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Speaker 2: the public. We can talk about the differences between how

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Speaker 2: it was sold and what it really was, but in

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Speaker 2: any way, it was more of a sort of like

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Speaker 2: let me lay out my vision, my view of the world,

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Speaker 2: whereas this was more of sort of like a laundry

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Speaker 2: list of policy. But in that original speech he said,

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Speaker 2: for too long, a small group in our nation's capital

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Speaker 2: has reaped the rewards of government, while the people have

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Speaker 2: borne the cost. Washington flourished, but the people did not

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Speaker 2: share in its wealth. Politicians prospered, but the jobs left

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Speaker 2: and the factories closed. The establishment protected itself, but not

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Speaker 2: the citizens of our country. Their victories have not been

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Speaker 2: your victories. Their triumphs have not been your triumphs. The

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Speaker 2: people who are sitting with him there on the dais

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Speaker 2: in front of the cabinet members, the Elon Musks and

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Speaker 2: the Jeff Bezos and the Mark Zuckerbergs of the world,

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Speaker 2: they're the people that he was indicting in that original

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Speaker 2: American carnage speech. And now they are giving him a

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Speaker 2: million dollars or more for his inauguration. They're his best buddies.

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Speaker 2: They're hanging out at mar A Lago, et cetera. So

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Speaker 2: to me, that was what was most noteworthy about that speech.

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Speaker 2: And actually Lee Fung, he had tweeted, over the next decade,

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Speaker 2: Silicon Valley will replace blue and white collar workers with

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Speaker 2: AI and outsource more jobs overseas. So the people that

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Speaker 2: are standing around Trump. They're going to be They're on

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Speaker 2: a mission to do that. Truckers, designers, engineers, lawyers, and

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Speaker 2: far more power will flow to the dozen tech overlords

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Speaker 2: standing next to Trump at his inauguration.

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Speaker 5: Ominous optics.

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Speaker 2: And you know, for me, that's sort of the biggest

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Speaker 2: takeaway from this entire dynamic. And Lee made another great point,

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Speaker 2: which was, you know, at Trump's rallies, he really went

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Speaker 2: out of his way to have regular working people. I

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Speaker 2: remember him going to McDonald's and driving the garbage truke,

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Speaker 2: et cetera, et cetera. And now I think it was

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Speaker 2: Stoller who said this, those people are literally out in

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Speaker 2: the cold, while the tech oligarchs are there warmly, you know, warmly,

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Speaker 2: snug in the embrace of the capital, standing there behind

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Speaker 2: Donald Trump.

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Speaker 4: Yeah, it is interesting.

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Speaker 3: I mean, look, Christal, what you're describing as the fundamental

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Speaker 3: tension of the overall Trump movement, which is one both

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Speaker 3: that is backed by an establishment consensus, most of it

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Speaker 3: really freaked out by the popular vote victory mandate that

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Speaker 3: Donald Trump was then delivered on the backs of working

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Speaker 3: people of the United States. If we think about the

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Speaker 3: working class coalition that delivered the popular vote here to

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Speaker 3: Donald Trump, the swing state victory all seven, exactly right.

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Speaker 4: Those are the people.

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Speaker 3: And I see all of those people walking about the city,

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Speaker 3: as you said, bundled up, some of them not bumbled

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Speaker 3: up too much. You guys didn't listen.

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Speaker 4: But it's okay. That yeah, well that's a whole which.

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Speaker 2: By the way, in shorts for the inauguration of our president,

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Speaker 2: wore a suit for bb net and yah whose visits.

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Speaker 7: Wow, great, great call out. I love that very That

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Speaker 7: is fantastic.

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Speaker 3: Okay, I'm going to I'm banking that one up there.

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Speaker 3: I'm gonna steal that one from you. Just a little

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Speaker 3: bit more on the speech. What is so you know,

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Speaker 3: dynamics wise too, I have to say we should never

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Speaker 3: have these in the capital again. I hate the applause

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Speaker 3: lines in terms of pausing, just like the State of

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Speaker 3: the Union. Inaugural addresses, both delivered outside with the magisterial

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Speaker 3: view of the capital. Are those, like you said, Crystal,

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Speaker 3: which focus on the masses and the hundreds.

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Speaker 4: Of thousands of people.

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Speaker 3: All of the inaugural tickets, some two hundred thousand, were

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Speaker 3: given away, right, so the expected crowd was one hundreds

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Speaker 3: and thousands of people to attend this inauguration because it

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Speaker 3: is the people's president when you keep it inside, just generally,

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Speaker 3: I don't think it's great optic specifically for what you're saying.

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Speaker 3: I do think it's a very important call out, the

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Speaker 3: one that you just made. But I also think that

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Speaker 3: this is a natural extension of Donald Trump becoming the

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Speaker 3: Republican Party, right, because when you are the leader of

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Speaker 3: the Republican Party, you can't indict the Republican Party. So

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Speaker 3: if I'm looking through all of my notes, we just

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Speaker 3: see Trump's conquering of the Republican Party, and hence why

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Speaker 3: it was much more quote unquote partisan spreech. So he

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Speaker 3: began his first priority was immigration. Today I will declare

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Speaker 3: a national emergency at the southern border. Flowed from that

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Speaker 3: was drill Baby, drill, inflation, and energy prices. What came

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Speaker 3: after that was about Doge, then bringing back free speech

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Speaker 3: to America, then DEI ending those policies, then eventually transitioning

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Speaker 3: to the military, and of course some classic Trump giveaways

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Speaker 3: were taken back the Panama Canal. We are changing the

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Speaker 3: name of the Gulf of Mexico to the Gulf of America.

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Speaker 2: I think that part is actually worth dwelling on a

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Speaker 2: little bit, because we've talked about this a little bit

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Speaker 2: on the show, and I do think, what, you know,

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Speaker 2: Russia invading Ukraine and getting away with it, but even

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Speaker 2: more so is committing a genocide in Gaza and getting

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Speaker 2: away with it. This has really solidified a new era

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Speaker 2: in foreign policy that Trump is seizing on. And so

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Speaker 2: he is in this speech really overtly announcing a new

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Speaker 2: American imperialism. I mean, he even uses the term manifest destiny,

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Speaker 2: goes on and on about seizing the Panama Canal right,

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Speaker 2: talks about renaming various things, and you know, it really

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Speaker 2: is quite assertive. And also I would add into that,

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Speaker 2: you know, as part of the immigration portion, he says

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Speaker 2: he wants to declare the Cartels foreign terrorist organizations. That'll

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Speaker 2: be one of the original executive orders. That means that

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Speaker 2: he can go to war with Mexico with zero congressional

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Speaker 2: input using the authorization for the US military force that

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Speaker 2: was put in place for the War on Terror Post

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Speaker 2: nine to eleven. So again another like quite imperialist, militaristic

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Speaker 2: direction that he feels, you know that he is obviously

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Speaker 2: unafraid of embracing and putting out there as part of

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Speaker 2: his project for this term and this administration. And one

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Speaker 2: more thing before I get you guys both to weigh

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Speaker 2: in on that saga. You mentioned how little there was

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Speaker 2: on for like Ukraine. I don't think you mentioned Ukraine.

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Speaker 2: They're just sort of an illusion to like of the

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Speaker 2: wars that wouldn't have happened if I had been there.

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Speaker 5: There was one mention.

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Speaker 2: Of the Gaza at least temporary ceasefire deal that's in

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Speaker 2: effect right now, which was all, we're happy the hostages

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Speaker 2: are coming home, and that was it. So nothing broader

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Speaker 2: about the end of the war, the end of the

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Speaker 2: suffering of the patent, none of just a one liner

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Speaker 2: about the hostages and that was all.

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Speaker 5: So that was noteworthy to me as well.

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Speaker 3: Yeah, you're absolutely right, and you know it's interesting. So

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Speaker 3: this is where the vagueness of Trump he often weighs

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Speaker 3: for himself. Right, So what he does is by not

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Speaker 3: by just saying I'm the peacemaker, the the conditions of

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Speaker 3: peace itself.

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Speaker 4: It's like, okay, well we'll figure it out in time.

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Speaker 6: Same es actually, because he's not a hardened idealogue that's

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Speaker 6: like change like it. And sometimes he is right, like

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Speaker 6: on trade he is a hardened idea lug. But there's

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Speaker 6: something I'm just like, Oh, the Paly Canal. Though I

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Speaker 6: remember the Jimmy Carter saying, yeah, let's get that, let's

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Speaker 6: get that shipped back.

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Speaker 3: I mean, I do want to stick on this because

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Speaker 3: it's actually important because at a big level, it's zoom out.

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Speaker 3: You know, I've got a bunch of these books behind me.

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Speaker 3: And when we think about you know, when there's the

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Speaker 3: Trump book is here, and there's multiple other presidents and

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Speaker 3: we're looking past, you know, thirty forty years behind us,

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Speaker 3: what we will see is a collapse effectively of much

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Speaker 3: of the liberal world order under the Biden administration, both

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Speaker 3: from Israel and from Ukraine. Afghanistan was also a significant

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Speaker 3: part of that. We are now fully back in the

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Speaker 3: era of great power competition, and so that's why invoking

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Speaker 3: President McKinley and the Theodore Roosevelt era of the early

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Speaker 3: nineteen hundreds brings us back spirit virtually, in his speak

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Speaker 3: of manifest destiny and others, back to that moment over

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Speaker 3: one hundred years ago where the United States is an

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Speaker 3: open and vigorous competition with Germany, with the UK, the

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Speaker 3: expansionist powers and the imperial powers of Europe. Now we

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Speaker 3: have both China Russia, various world orders and other things

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Speaker 3: that are emerging. And it's actually a sign of that

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Speaker 3: return of geopolitics that probably we could take the most

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Speaker 3: from it. I mean, Donald Trump will be the very

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Speaker 3: first American president in seventy five years to declare an

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Speaker 3: open policy of expansionism in his inaugural address. We really

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Speaker 3: should consider that the phrase manifest destiny and others has

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Speaker 3: been uttered in terms of looking back to the founders.

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Speaker 4: This is the.

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Speaker 3: First time in the post World War two era that

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Speaker 3: an American president taking the oath of office openly announces

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Speaker 3: an expansion both from the Panama Canal. He didn't mention Greenland,

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Speaker 3: but obviously Mexico there while phrasing, and similarly in terms

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Speaker 3: of the Peacekeeper how would all that work out?

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Speaker 4: I have no idea, obviously, and there's some huge questions.

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Speaker 3: But spiritually that's very important and it actually it fuses well,

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Speaker 3: I think with a lot of the politics. And that's

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Speaker 3: why I often tell people, you know, when you read

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Speaker 3: a book, so much of our politics rhymes with that

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Speaker 3: era of We have huge questions about immigration hyphenation, What

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Speaker 3: do we do about this With our society, we have

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Speaker 3: big questions about our global Do we want to be

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Speaker 3: a global power? Do we want to just be a

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Speaker 3: you know, a nation of farmers. Tariffs is the same

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Speaker 3: thing that was a huge question as the United States

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Speaker 3: becomes rapidly industrializing and we became an exporting nation, how

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Speaker 3: should we raise this? And then also the Gilded Age,

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Speaker 3: and that's where we can also fuse that, and I

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Speaker 3: think bring this full circle where we have this extraordinary

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Speaker 3: separation of wealth and of workers, and so, you know,

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Speaker 3: bringing all of those themes together, I just feel like, yes, look,

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Speaker 3: nothing changes on a dime, but we've known a lot

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Speaker 3: of this for quite some time. But it does feel

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Speaker 3: really it hits home to me.

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Speaker 4: Just it's very rare you get to live.

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Speaker 3: Through a complete paradigm shift, and I think that this

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Speaker 3: will be the beginning truly of that paradigm shift. And

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Speaker 3: it raises a lot of really interesting questions about the

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Speaker 3: United States, our role in the world, really, who we

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Speaker 3: are at home.

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Speaker 4: We all get to decide that. And it was it

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Speaker 4: was messy, and.

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Speaker 3: It was brutal, and there was a lot of arguments

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Speaker 3: that happened then. And yeah, so that's that's really like

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Speaker 3: my big macro takeaway from the speech.

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Speaker 6: Well in soccer. One thing I think useful that frames

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Speaker 6: it is we haven't mentioned he is now the oldest

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Speaker 6: man to take the oath of office. Donald Trump is

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Speaker 6: so obviously truly like at the time of him taking

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Speaker 6: the oath of office, he is seventy eight years old,

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Speaker 6: and that I think is a huge fact given the

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Speaker 6: amount of time with port into discussing it in the

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Speaker 6: context of Joe Biden, but also in the context of

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Speaker 6: why Donald Trump has this sense that manifest destiny is

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Speaker 6: what will return in America to pride, this is make

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Speaker 6: America great again again, to return to manifest destiny, to

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Speaker 6: the Monroe doctrine, to totally owning the hemisphere, and not

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Speaker 6: having China come into Panama as he talked about he

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Speaker 6: said in the section on Panama, who did we We

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Speaker 6: didn't give it to China. We gave it to Panama.

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Speaker 6: So now we're taking it back and that is really interesting.

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Speaker 6: The other thing I'll add Sager, both of your Crystal

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Speaker 6: I think said something really really wise about how it's

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Speaker 6: a tide shifting moment. It's a paradigm shifting moment, but

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Speaker 6: there's still so much unsettled, And in reference to the

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Speaker 6: Lee Fong post that Crystal brought up, I just want

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Speaker 6: to say, we know, we have all talked to a

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Speaker 6: lot of the people who spent the last half decade

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Speaker 6: of their work in the Republican Party and the quote

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Speaker 6: unquote broader conservative movement focused on antitrust and on the

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Speaker 6: concentration of power in the hands of the people who

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Speaker 6: are now at that stage, who are now sitting behind

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Speaker 6: Donald Trump in front of some of the cabinet secretaries.

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Speaker 6: And I'm pessimistic just by nature, and I think Donald

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Speaker 6: Trump is making all of these signs that he's siding

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Speaker 6: with Elon and Bezos, and he thinks that he has

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Speaker 6: truly co opted them because the culture war has sort

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Speaker 6: of loosened up. Republicans feel like, you know, they spent

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Speaker 6: years saying the cultural problems like DEI whatever, our downstream

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Speaker 6: of economic concentration. But now that they feel like they've

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Speaker 6: won the culture war, they're not so much concerned about

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Speaker 6: economic concentration for all of the reasons that they should be,

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Speaker 6: even though the culture stuff feels to them like it's solved.

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Speaker 6: There are people going into this administration who do care

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Speaker 6: and I just want to say, I think part of

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Speaker 6: what will be settled is going to be concentrated in

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Speaker 6: this boring wonky policy battle, specifically over antitrust behind closed doors.

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Speaker 6: In the next several months, I think we'll get an

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Speaker 6: idea of what's about to happen when it comes to

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Speaker 6: how much power those oligarchs actually have versus the thirty

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Speaker 6: something forty something year old staffers to law school graduates

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Speaker 6: who are not room in the halls.

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Speaker 4: Yeah, that's a good thing.

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Speaker 2: I think we probably know the answer to that if

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Speaker 2: past experience of DC holds. Emily, I know you got

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Speaker 2: a jump. Thank you as always great insights.

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Speaker 5: We love you and everybody.

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Speaker 2: Emily will be on counterpoints Wednesday like normal with Ryan.

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Speaker 5: I'll get stuff. We'll see you then, you guys.

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Speaker 2: I think Emily makes a very important point there about

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Speaker 2: the I mean, you know, I'm cynical, and I think

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Speaker 2: most of the people on the right, not all, most

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Speaker 2: on the right who postured is caring about concentration of

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Speaker 2: wealth and power really only cared about the cultural domination

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Speaker 2: and wokeism and you know, censorship that they perceived as

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Speaker 2: going disproportionally against conservatism. And we're right about it that

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Speaker 2: at times. And once that's done, and you could see

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Speaker 2: this with like the elon must takeover of Twitter, right, Well,

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Speaker 2: now that it's our billionaire that owns Twitter and it's

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Speaker 2: sensory in the way that we want him to, then

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Speaker 2: we're comfy with it. And I think Trump has sort

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Speaker 2: of you know, he's embraced that. And that's why there

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Speaker 2: was a significant portion of the speech that was about

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Speaker 2: wokeism and DEI and in the military and all that

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Speaker 2: sort of stuff, because I mean, the censorship, he's full

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Speaker 2: of shit on censorship, but whatever. But you know, those

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Speaker 2: are pieces that the entire coalition can agree with, and

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Speaker 2: all of the talk of you know, Matt Gates is

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Speaker 2: a Lena Conservative and JD. Vance is going to be

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Speaker 2: on board with he likes Lena Khan.

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Speaker 5: Blah blah blah.

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Speaker 2: Well, Lena Khan is out of the job. Now, like

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Speaker 2: that's done. It's over. And I fully expect these guys

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Speaker 2: to get what they effectively paid for. So I mean

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Speaker 2: it's a two way street, right. It's beneficial for Trump,

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Speaker 2: so in that way, he loves having them there, having

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Speaker 2: bent the knee all that sort of stuff, but they

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Speaker 2: also are going to get quite a lot out of

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Speaker 2: the deal, and you know, got quite a lot on

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Speaker 2: the Bide administration too, Like all of those men are

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Speaker 2: wildly wealthier now than they were before the Biden administration.

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Speaker 2: They're wildly wealthier now than they were even when you know,

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Speaker 2: Donald Trump won the election just a few months ago.

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Speaker 2: This to me is one of the central issues of

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Speaker 2: our era. And that's why, you know, especially as Crypto

437
00:23:20,640 --> 00:23:23,600
Speaker 2: takes off and is one more vehicle for a massive

438
00:23:23,680 --> 00:23:27,520
Speaker 2: upward transfer of wealth, AI takes off is another vehicle

439
00:23:27,600 --> 00:23:30,920
Speaker 2: for a massive upward transfer of wealth, and the guys

440
00:23:30,920 --> 00:23:34,160
Speaker 2: who have their hands on the controls are the beneficiaries

441
00:23:34,280 --> 00:23:38,520
Speaker 2: of that, you know, massive heist from the American public

442
00:23:38,680 --> 00:23:39,680
Speaker 2: and the global public too.

443
00:23:39,880 --> 00:23:42,240
Speaker 3: What you'll find interesting, Crystal, is the talk of the

444
00:23:42,280 --> 00:23:45,960
Speaker 3: town right now, from over the weekend is not just

445
00:23:46,119 --> 00:23:50,520
Speaker 3: about antitrust. It really is actually about AI. And I'm

446
00:23:50,520 --> 00:23:53,399
Speaker 3: glad that you brought that up, because one of the

447
00:23:53,520 --> 00:23:56,800
Speaker 3: undernoiced stories of the last couple of days is that

448
00:23:56,880 --> 00:24:02,080
Speaker 3: Sam Altman actually briefed Donald Trump's incoming advisors about an

449
00:24:02,119 --> 00:24:08,600
Speaker 3: alleged breakthrough in chat GPT technology to establish PhD level intelligence. Now,

450
00:24:08,640 --> 00:24:11,240
Speaker 3: Sam Altman has tried to pour cold water on this,

451
00:24:11,400 --> 00:24:16,240
Speaker 3: but you know, crypto is nothing compared to artificial intelligence,

452
00:24:16,280 --> 00:24:19,800
Speaker 3: and then the leaps in that and that because all

453
00:24:19,880 --> 00:24:23,600
Speaker 3: of those men that were behind Donald Trump, I guess

454
00:24:23,680 --> 00:24:27,520
Speaker 3: kind of with the exception of Elon, are deeply invested

455
00:24:27,560 --> 00:24:32,160
Speaker 3: and have poured billion tens of billions into artificial intelligence.

456
00:24:32,320 --> 00:24:34,800
Speaker 5: Well world too.

457
00:24:34,840 --> 00:24:36,960
Speaker 2: With GROC, I mean, he's clearly making a quite the

458
00:24:36,960 --> 00:24:40,040
Speaker 2: same well and he started open AI with Sam Altman

459
00:24:40,240 --> 00:24:42,119
Speaker 2: and is now trying to make his play to be

460
00:24:42,200 --> 00:24:43,199
Speaker 2: a competitor to him.

461
00:24:43,240 --> 00:24:44,639
Speaker 5: So I would put him in the same camp.

462
00:24:45,160 --> 00:24:45,959
Speaker 4: Yes, but it's not.

463
00:24:46,000 --> 00:24:47,920
Speaker 3: It's just to me, it's she's not industrial as much

464
00:24:47,960 --> 00:24:50,320
Speaker 3: like look, Grock, It's fine, but like it's not Chat, GPT,

465
00:24:50,400 --> 00:24:52,240
Speaker 3: it's not Claude, it's not Perplexity, right, It's not like

466
00:24:52,240 --> 00:24:55,840
Speaker 3: one of these big players, not Google, it's not Facebook.

467
00:24:56,200 --> 00:24:59,200
Speaker 4: All of those companies have gone.

468
00:24:59,240 --> 00:25:03,400
Speaker 3: So hard with AI that what they're the most fearful

469
00:25:03,440 --> 00:25:06,240
Speaker 3: of is actually government policy around that.

470
00:25:06,400 --> 00:25:09,560
Speaker 4: And that's why I think a lot of eyes.

471
00:25:09,640 --> 00:25:13,479
Speaker 3: Should be on David Sachs, Shrirann Christian and others who

472
00:25:13,520 --> 00:25:17,440
Speaker 3: are working with the White House under Michael Kratzio's around

473
00:25:17,480 --> 00:25:21,879
Speaker 3: the policies surrounding AI, about questions in terms of open

474
00:25:21,920 --> 00:25:25,520
Speaker 3: source and also in terms of what the standards will

475
00:25:25,520 --> 00:25:28,600
Speaker 3: be an interpretation of data. Trump did not use the

476
00:25:28,600 --> 00:25:31,240
Speaker 3: phrase AI, but it did make some you know, allusions

477
00:25:31,280 --> 00:25:33,800
Speaker 3: to technology. It could be, you know, in the way

478
00:25:33,800 --> 00:25:35,679
Speaker 3: that we look back on the Clinton era, what's the

479
00:25:35,680 --> 00:25:37,280
Speaker 3: one thing that sticks out the Internet?

480
00:25:37,359 --> 00:25:37,520
Speaker 6: Right?

481
00:25:37,720 --> 00:25:39,679
Speaker 3: I was at the White House recently and there was

482
00:25:39,680 --> 00:25:43,679
Speaker 3: a photos of Clinton sending his very first email, and

483
00:25:43,760 --> 00:25:46,320
Speaker 3: I think that that's very possible. You know, a photo

484
00:25:46,560 --> 00:25:49,880
Speaker 3: or you know, a visual of Donald Trump chatting live

485
00:25:50,000 --> 00:25:51,960
Speaker 3: or something with AI, and by the end of these

486
00:25:51,960 --> 00:25:55,000
Speaker 3: four years, it could look totally different technologically in the

487
00:25:55,000 --> 00:25:58,080
Speaker 3: way that ninety six was an Internet revolution compared to

488
00:25:58,280 --> 00:26:02,119
Speaker 3: ninety two. Focusing specifically on what those guys want. With

489
00:26:02,160 --> 00:26:05,840
Speaker 3: the heavy level of investment from Amazon, Google and others,

490
00:26:05,960 --> 00:26:09,880
Speaker 3: the potential questions about breakup is really important. I will say,

491
00:26:10,040 --> 00:26:14,160
Speaker 3: like I said I alluded to, Steve Bannon has really

492
00:26:14,359 --> 00:26:18,080
Speaker 3: been the person on the outside to take that dissident

493
00:26:18,240 --> 00:26:23,760
Speaker 3: view crystal of these technology oligarchs against Aylon, against Mark Zuckerberg,

494
00:26:24,760 --> 00:26:27,720
Speaker 3: and look there's there, as we also can see here,

495
00:26:28,000 --> 00:26:31,040
Speaker 3: things change with Trump all the time it only you're

496
00:26:31,119 --> 00:26:34,520
Speaker 3: only one tweet away, as Vey can show us from

497
00:26:34,560 --> 00:26:38,440
Speaker 3: being shunted to the gubernatorial race in Ohio.

498
00:26:38,520 --> 00:26:40,080
Speaker 4: I don't think the same will.

499
00:26:39,800 --> 00:26:43,800
Speaker 3: Apply to Elon per se, but Trump enjoys toying with

500
00:26:43,880 --> 00:26:47,280
Speaker 3: Mark Zuckerberg and Bezos. I have no idea yet you

501
00:26:47,320 --> 00:26:51,200
Speaker 3: know what that policy will look like, and even if

502
00:26:51,880 --> 00:26:55,920
Speaker 3: what the Department of Justice policy on antitrust, as you said,

503
00:26:56,119 --> 00:26:58,879
Speaker 3: will be, because the explicit ones will be and they

504
00:26:58,920 --> 00:27:01,920
Speaker 3: have real buy maarring choices to make. Do we pursue

505
00:27:01,920 --> 00:27:04,560
Speaker 3: this continue to pursue this case against Google or not?

506
00:27:04,760 --> 00:27:07,080
Speaker 3: Do we continue to pursue this case against Facebook or not?

507
00:27:07,200 --> 00:27:07,360
Speaker 4: Now?

508
00:27:07,400 --> 00:27:10,639
Speaker 3: Obviously they are all praying that they don't. Many of

509
00:27:10,680 --> 00:27:13,280
Speaker 3: them were started under the first Trump administration, and many

510
00:27:13,280 --> 00:27:15,919
Speaker 3: of those lawyers are now back working under Donald Trump.

511
00:27:16,040 --> 00:27:20,600
Speaker 3: Equally distrustful and hateful of those technology figures who were

512
00:27:20,600 --> 00:27:22,080
Speaker 3: there and embraced by Trump.

513
00:27:22,119 --> 00:27:23,200
Speaker 4: Now, Trump is a decider.

514
00:27:23,240 --> 00:27:25,720
Speaker 3: We have no idea which way we'll go in that direction,

515
00:27:25,800 --> 00:27:27,560
Speaker 3: which is why I think there's still so many major

516
00:27:27,600 --> 00:27:28,720
Speaker 3: open questions right now.

517
00:27:29,920 --> 00:27:33,240
Speaker 2: Yeah, I mean, I think a the AI guys and

518
00:27:33,280 --> 00:27:36,840
Speaker 2: the crypto Rise like basically bought both parties and one

519
00:27:37,040 --> 00:27:41,520
Speaker 2: like there was so with regard to crypto, and these

520
00:27:41,560 --> 00:27:43,040
Speaker 2: things are kind of tied together because it's some of

521
00:27:43,119 --> 00:27:46,040
Speaker 2: the same cast of characters. But you're right, the AI

522
00:27:46,160 --> 00:27:48,400
Speaker 2: is the bigger deal, and it doesn't get talked about

523
00:27:48,480 --> 00:27:51,200
Speaker 2: nearly enough. The amount of resources that all of these

524
00:27:51,240 --> 00:27:55,080
Speaker 2: companies are, you know, flowing into AI, the amount of

525
00:27:55,160 --> 00:27:57,640
Speaker 2: data centers that are being the amount of compute I mean,

526
00:27:57,640 --> 00:28:00,000
Speaker 2: and this is also massively impactful in terms of garbage

527
00:28:00,080 --> 00:28:03,200
Speaker 2: emissions in that as well. But and the US government

528
00:28:03,240 --> 00:28:05,359
Speaker 2: being a major player in this and the Chinese government

529
00:28:05,400 --> 00:28:09,560
Speaker 2: being a major play there is an ongoing massive arms

530
00:28:09,640 --> 00:28:16,320
Speaker 2: race in AI development, and effectively, I think that the

531
00:28:16,800 --> 00:28:21,200
Speaker 2: people who want by and large unfettered AI development have won.

532
00:28:21,359 --> 00:28:23,240
Speaker 2: I think they I think Kamala was going to go

533
00:28:23,240 --> 00:28:25,280
Speaker 2: in the same direction. This isn't even a partisan point.

534
00:28:25,640 --> 00:28:28,240
Speaker 2: But you know, Trump with all of these guys behind them,

535
00:28:28,400 --> 00:28:31,760
Speaker 2: just really underscores that that's the era that we live

536
00:28:31,800 --> 00:28:36,879
Speaker 2: in now. And you're right about I actually think perhaps

537
00:28:37,560 --> 00:28:40,160
Speaker 2: the better comparison isn't to the nineties and the development

538
00:28:40,200 --> 00:28:44,160
Speaker 2: of the Internet. It's more to the industrial revolution and

539
00:28:44,240 --> 00:28:48,840
Speaker 2: how disruptive that is a very live possibility that the

540
00:28:49,040 --> 00:28:51,680
Speaker 2: level of disruption that we saw in like an industrial

541
00:28:51,720 --> 00:28:54,400
Speaker 2: revolution where you truly have people, you know, leaving the

542
00:28:54,400 --> 00:28:56,920
Speaker 2: farm surge into the cities and all of this new

543
00:28:57,080 --> 00:29:01,560
Speaker 2: like low paid exploited all that chaos that was generated

544
00:29:01,640 --> 00:29:05,520
Speaker 2: by that shift industrialization. That's what we're looking at in

545
00:29:05,600 --> 00:29:08,160
Speaker 2: a blink of an eye, like in a much shorter

546
00:29:08,720 --> 00:29:12,520
Speaker 2: time period. And what's disturbing to me is that there

547
00:29:12,640 --> 00:29:15,600
Speaker 2: is no even semblance of a democratic process around that.

548
00:29:15,960 --> 00:29:16,120
Speaker 3: Right.

549
00:29:16,480 --> 00:29:20,520
Speaker 2: It's a handful of people who even know what's going on.

550
00:29:20,600 --> 00:29:22,880
Speaker 2: He even know what sorts of decisions are being made,

551
00:29:23,160 --> 00:29:27,360
Speaker 2: and the types of people who are techno optimists who

552
00:29:27,560 --> 00:29:30,440
Speaker 2: by and large see the upside and aren't really weighing

553
00:29:30,440 --> 00:29:34,200
Speaker 2: the downside risk. And that I think is you know,

554
00:29:34,280 --> 00:29:36,920
Speaker 2: to me, as I'm watching these players and these characters

555
00:29:36,920 --> 00:29:38,720
Speaker 2: and who Trump is listening to and all of that,

556
00:29:38,840 --> 00:29:42,280
Speaker 2: and you know, David sax and Mark Andresen and Elon himself,

557
00:29:42,720 --> 00:29:46,760
Speaker 2: like that's the part that I am maybe most concerned

558
00:29:46,800 --> 00:29:49,800
Speaker 2: about in the Trump administration. And it's the battle that

559
00:29:49,880 --> 00:29:52,600
Speaker 2: is playing out under the surface that gets almost no

560
00:29:52,760 --> 00:29:56,040
Speaker 2: talk time from him or any of the other politicians.

561
00:29:56,280 --> 00:29:59,400
Speaker 2: And it's deeply, it's deeply anti populist. It's deeply elite

562
00:29:59,400 --> 00:30:03,040
Speaker 2: because these are truly a small group of like masters

563
00:30:03,040 --> 00:30:06,360
Speaker 2: of the universe types who are making decisions that will

564
00:30:06,400 --> 00:30:11,080
Speaker 2: have massive, reverberating consequences for all of us. Just to

565
00:30:11,120 --> 00:30:13,040
Speaker 2: give one more except that the Sam Altman thing is

566
00:30:13,120 --> 00:30:15,800
Speaker 2: really important. And you know, for people who don't know

567
00:30:15,840 --> 00:30:17,959
Speaker 2: the backs, like he and Elon they started opening Andy

568
00:30:18,040 --> 00:30:20,080
Speaker 2: together in they had falling out and their rivals and

569
00:30:20,160 --> 00:30:21,960
Speaker 2: they sort of like hate each other, but then they're

570
00:30:22,000 --> 00:30:24,240
Speaker 2: kind of like friend me, I don't know whatever. Anyway,

571
00:30:24,600 --> 00:30:28,480
Speaker 2: Sam was always a big Democratic giver. He also gave

572
00:30:28,480 --> 00:30:31,360
Speaker 2: a million dollars and was at the Trump inauguration as well,

573
00:30:31,400 --> 00:30:34,400
Speaker 2: so he wants his seat at the table too. But

574
00:30:35,120 --> 00:30:37,600
Speaker 2: you know, in any case, the chat GPT development is

575
00:30:37,640 --> 00:30:39,960
Speaker 2: really important. But there's also been research that has come

576
00:30:40,000 --> 00:30:42,680
Speaker 2: out that has already shown Chat GPT and a bunch

577
00:30:42,720 --> 00:30:49,480
Speaker 2: of these other lms engage in what's called scheming, where

578
00:30:49,720 --> 00:30:52,640
Speaker 2: if you try to say, okay, well now you're gonna

579
00:30:52,680 --> 00:30:55,520
Speaker 2: have a different goal, they will lie to you, they

580
00:30:55,560 --> 00:30:59,320
Speaker 2: will sandbag, they will copy themselves onto a different server

581
00:30:59,480 --> 00:31:02,240
Speaker 2: to try to protect themselves. Like that's already the level

582
00:31:02,520 --> 00:31:05,480
Speaker 2: that we're at, and I don't feel like anyone is

583
00:31:05,520 --> 00:31:08,280
Speaker 2: really grappling with that. So that's one of the things

584
00:31:08,280 --> 00:31:12,680
Speaker 2: that I'm very concerned about, not just because it's Donald

585
00:31:12,720 --> 00:31:15,960
Speaker 2: Trump in office, but because these guys have so much

586
00:31:16,000 --> 00:31:19,760
Speaker 2: money and so much influence that they basically have already

587
00:31:19,800 --> 00:31:21,440
Speaker 2: won the war and are going to get everything they

588
00:31:21,480 --> 00:31:22,680
Speaker 2: want right and well.

589
00:31:22,680 --> 00:31:25,480
Speaker 3: And that's the point, right, is not only about well,

590
00:31:25,560 --> 00:31:28,640
Speaker 3: just like the Industrial Revolution, there was no conscious policy

591
00:31:28,680 --> 00:31:31,560
Speaker 3: about it. We react to it after it already happens.

592
00:31:31,840 --> 00:31:34,800
Speaker 3: And I think that's probably basically the case here. And

593
00:31:34,840 --> 00:31:38,000
Speaker 3: that's where those fights inside of the ADMIN and the

594
00:31:38,000 --> 00:31:42,000
Speaker 3: theories about setting a baseline or even thinking about economic

595
00:31:42,040 --> 00:31:44,400
Speaker 3: concentration and others are going to be the biggest questions

596
00:31:44,760 --> 00:31:47,680
Speaker 3: for them to handle. And you know, just kind of

597
00:31:47,720 --> 00:31:52,880
Speaker 3: wrapping generally, like my overall thoughts with the inauguration and

598
00:31:53,000 --> 00:31:57,040
Speaker 3: with the set policies put forward, I think what I'm

599
00:31:57,040 --> 00:31:59,640
Speaker 3: struck most is by how much the Republican Party has changed.

600
00:32:00,440 --> 00:32:03,040
Speaker 3: Is not just to see JD. Vance, who was outsider

601
00:32:03,080 --> 00:32:04,400
Speaker 3: now the Vice President of the United States.

602
00:32:04,440 --> 00:32:05,360
Speaker 4: After just two year.

603
00:32:05,320 --> 00:32:08,760
Speaker 3: Stint in the United States Senate. He went from writing

604
00:32:08,760 --> 00:32:10,680
Speaker 3: a book and hang out with idiots like me to

605
00:32:10,720 --> 00:32:12,400
Speaker 3: literally being the vice president.

606
00:32:12,520 --> 00:32:16,040
Speaker 5: And now well CNN and the New York Times.

607
00:32:16,040 --> 00:32:18,960
Speaker 4: That's right, Yeah, no, you're not right. You're not wrong.

608
00:32:19,200 --> 00:32:21,840
Speaker 3: And then he changed just you know, completely, and now

609
00:32:21,960 --> 00:32:25,800
Speaker 3: he has become a Trump warrior and the inheritor of

610
00:32:26,080 --> 00:32:28,520
Speaker 3: I think we'll see maybe Trump Junior wants it. Well,

611
00:32:28,560 --> 00:32:31,560
Speaker 3: I'm sure that'll be a fight later, but probably the

612
00:32:31,560 --> 00:32:35,720
Speaker 3: inheritor of the Trump coalition. He's the first. By the way,

613
00:32:35,720 --> 00:32:38,920
Speaker 3: we've explicitly moved over gen X. So thank god for that.

614
00:32:39,440 --> 00:32:41,560
Speaker 3: We went straight from boomer to millennial and I think

615
00:32:41,560 --> 00:32:42,040
Speaker 3: that's great.

616
00:32:42,560 --> 00:32:43,240
Speaker 4: I hope that.

617
00:32:43,160 --> 00:32:48,240
Speaker 7: The Democrats don't change the genis no, no, yeah, we're millennials, Crystal.

618
00:32:48,280 --> 00:32:50,080
Speaker 7: You have to stand up for our cohort. We're just

619
00:32:50,120 --> 00:32:52,320
Speaker 7: as big as the boomers and we deserve power.

620
00:32:52,400 --> 00:32:52,800
Speaker 3: Gen X.

621
00:32:52,840 --> 00:32:54,360
Speaker 4: You suck. All you gave us was friends.

622
00:32:55,000 --> 00:32:59,120
Speaker 3: Anyways, moving past that, what we see with the Republican

623
00:32:59,120 --> 00:33:02,880
Speaker 3: Party is that there's no Jeff Flake. There's no John McCain,

624
00:33:04,320 --> 00:33:08,560
Speaker 3: there's no Paul Ryan. This is speaker Maga, Mike Johnson,

625
00:33:08,680 --> 00:33:11,720
Speaker 3: this is John fun who, yes, does is more establishment

626
00:33:11,760 --> 00:33:14,200
Speaker 3: tis I watched an interview that he gave this morning,

627
00:33:14,200 --> 00:33:17,040
Speaker 3: and it was totally in support of Donald Trump. Mitch

628
00:33:17,120 --> 00:33:22,480
Speaker 3: McConnell is gone, then no votes are gone, and the unanimity,

629
00:33:22,480 --> 00:33:24,520
Speaker 3: which way they will be able to govern is going

630
00:33:24,600 --> 00:33:27,400
Speaker 3: to be, in my opinion, their greatest strength and their

631
00:33:27,440 --> 00:33:29,400
Speaker 3: greatest weakness. So when they hate it out of the

632
00:33:29,440 --> 00:33:32,040
Speaker 3: park and they're going to be able to actually pass things,

633
00:33:32,240 --> 00:33:36,440
Speaker 3: it will be good. However, all presidents, especially those in

634
00:33:36,520 --> 00:33:40,760
Speaker 3: Trump's position, overreach and they end up finding themselves in

635
00:33:40,840 --> 00:33:45,520
Speaker 3: big problems. So, for example, George W. Bush comes into office,

636
00:33:45,920 --> 00:33:47,880
Speaker 3: Let's be honest, it was because people were afraid of

637
00:33:47,960 --> 00:33:50,400
Speaker 3: nine to eleven and Iraq, and he's like, you know what,

638
00:33:50,600 --> 00:33:54,480
Speaker 3: the American people have given me a mandate to privatize

639
00:33:54,480 --> 00:33:58,840
Speaker 3: Social Security. Insane, goes for it. Disaster Crystal. It was

640
00:33:58,880 --> 00:34:01,160
Speaker 3: a huge part of why he lost the two thousand

641
00:34:01,200 --> 00:34:05,880
Speaker 3: and six midterms. FDR, same things nineteen thirty six. People

642
00:34:05,880 --> 00:34:08,319
Speaker 3: think he's a king. He thinks he's a king, and

643
00:34:08,360 --> 00:34:10,880
Speaker 3: he's like, I'm going to reform the Supreme Court. Boom,

644
00:34:11,600 --> 00:34:15,040
Speaker 3: total backlash towards that one. And Trump is very much

645
00:34:15,080 --> 00:34:17,799
Speaker 3: in that position right now. It will be so his

646
00:34:17,880 --> 00:34:22,799
Speaker 3: ability actually just like those two presidents who had popular mandates,

647
00:34:23,200 --> 00:34:27,120
Speaker 3: and to then use that mandate but instead misinterpret it

648
00:34:27,160 --> 00:34:32,080
Speaker 3: possibly which most do, can often lead to big, thermostatic

649
00:34:32,200 --> 00:34:35,560
Speaker 3: changes in public opinion. And that's why, in my opinion,

650
00:34:35,560 --> 00:34:38,200
Speaker 3: the most important thing for Trump and them is don't

651
00:34:38,200 --> 00:34:42,000
Speaker 3: misread the mandate, And second is competence. The reason he

652
00:34:42,200 --> 00:34:45,319
Speaker 3: lost the Oval office in twenty twenty was the feeling.

653
00:34:45,000 --> 00:34:46,160
Speaker 4: Of chaos with COVID.

654
00:34:46,200 --> 00:34:49,440
Speaker 3: He barely lost forty thousand votes, right, so this time around,

655
00:34:49,480 --> 00:34:52,279
Speaker 3: if you're the same shit show feeling, it will be

656
00:34:52,480 --> 00:34:56,560
Speaker 3: detrimental to Republican chances going forward into his overall popularity.

657
00:34:56,760 --> 00:34:58,799
Speaker 5: Well, because there's a dichotomy right now.

658
00:34:58,800 --> 00:35:01,040
Speaker 2: And Ezerklin actually wrote I thought a pretty good piece

659
00:35:01,040 --> 00:35:03,359
Speaker 2: on this in the New York Times. You probably saw

660
00:35:03,400 --> 00:35:05,560
Speaker 2: it as well, where you know, on the one hand,

661
00:35:05,600 --> 00:35:08,280
Speaker 2: it's like Trump won one of the most narrow popular

662
00:35:08,360 --> 00:35:11,480
Speaker 2: vote victories in history. It was a point and a half, right,

663
00:35:11,680 --> 00:35:15,440
Speaker 2: so by historical standards, not a landslide. We're not talking

664
00:35:15,440 --> 00:35:18,880
Speaker 2: about you know, Reagan's reelect or anything like that. On

665
00:35:18,920 --> 00:35:26,120
Speaker 2: the other hand, the vibe shift has been definitive, right,

666
00:35:26,200 --> 00:35:27,840
Speaker 2: I mean, just look at those people sitting on the

667
00:35:27,880 --> 00:35:31,520
Speaker 2: stage right, all the young bros, like the you know,

668
00:35:31,600 --> 00:35:34,480
Speaker 2: the cultural figure carry Underwood up there singing after he

669
00:35:34,520 --> 00:35:39,960
Speaker 2: gives his speech. The vibe shift has been incredibly significant.

670
00:35:40,520 --> 00:35:44,560
Speaker 2: So you're left with this sense of and I can

671
00:35:44,600 --> 00:35:47,319
Speaker 2: do anything, overwhelming mandate, and the Supreme Court has said

672
00:35:47,360 --> 00:35:50,320
Speaker 2: like criminally can basically do anything, and there's no checks

673
00:35:50,360 --> 00:35:52,480
Speaker 2: in place, and nobody wants to stand up to him,

674
00:35:52,480 --> 00:35:54,200
Speaker 2: even the Democrats don't really want to stand up to

675
00:35:54,280 --> 00:35:57,080
Speaker 2: him this time. So you've got, on the one hand,

676
00:35:57,160 --> 00:35:59,400
Speaker 2: all of this power, and on the other hand, the

677
00:35:59,440 --> 00:36:03,719
Speaker 2: country is still quite narrowly divided and it can go

678
00:36:03,800 --> 00:36:09,000
Speaker 2: in the other direction very very quickly. So you know,

679
00:36:09,080 --> 00:36:14,200
Speaker 2: it really is quite in a fascinating political moment, you

680
00:36:14,280 --> 00:36:16,920
Speaker 2: might say, in terms of you know, what it's going

681
00:36:17,000 --> 00:36:18,680
Speaker 2: to mean and how this is going to look like

682
00:36:18,880 --> 00:36:22,080
Speaker 2: moving forward, and even on things like you know, he

683
00:36:22,239 --> 00:36:25,000
Speaker 2: thinks and there's a lot of data to support this

684
00:36:25,160 --> 00:36:30,560
Speaker 2: that his immigration you know, very like hardline immigration policy

685
00:36:30,760 --> 00:36:32,919
Speaker 2: has been embraced by the public. And if you ask

686
00:36:32,960 --> 00:36:36,120
Speaker 2: the public like we'll probably cover the polling tomorrow nasal deportation,

687
00:36:36,200 --> 00:36:39,040
Speaker 2: they're like, yes, let's go. But then if you ask

688
00:36:39,080 --> 00:36:42,160
Speaker 2: them more details about how that looks and you know

689
00:36:42,239 --> 00:36:47,160
Speaker 2: how that goes. There's a lot more trepidation about what

690
00:36:47,400 --> 00:36:50,080
Speaker 2: that actually looks like in real life when you are

691
00:36:50,120 --> 00:36:52,839
Speaker 2: dealing with not just theoretical sure, get the bad guys out,

692
00:36:53,200 --> 00:36:56,200
Speaker 2: but the reality of like people who are sympathetic or

693
00:36:56,200 --> 00:36:59,080
Speaker 2: who have been here for a long time, or deploying

694
00:36:59,080 --> 00:37:01,520
Speaker 2: the military to the border and having this you know,

695
00:37:01,640 --> 00:37:06,239
Speaker 2: militarized situation, it gets a lot disier. So there is

696
00:37:06,280 --> 00:37:11,440
Speaker 2: a danger for Republicans of overreaching and overreading the mandate.

697
00:37:12,360 --> 00:37:15,720
Speaker 2: One last thing point I wanted to make about Biden

698
00:37:15,800 --> 00:37:19,080
Speaker 2: and the corporate concentration and the antitrust and stuff like that,

699
00:37:19,160 --> 00:37:21,880
Speaker 2: and it's you know, it's both a compliment and a

700
00:37:21,920 --> 00:37:25,680
Speaker 2: criticism of Joe Biden and that administration. There were things

701
00:37:25,680 --> 00:37:29,080
Speaker 2: that were done that were genuinely good, right Lena Khan,

702
00:37:29,360 --> 00:37:34,400
Speaker 2: Jonathan Canter, actually being serious about antitrust, actually being serious

703
00:37:34,400 --> 00:37:36,880
Speaker 2: about labor, and you know some of the things that

704
00:37:36,880 --> 00:37:39,120
Speaker 2: were done at the National Relations where those things were

705
00:37:39,160 --> 00:37:45,879
Speaker 2: genuinely good. However, because you have a president in Joe

706
00:37:45,920 --> 00:37:51,279
Speaker 2: Biden who is so aged and so unable to articulate

707
00:37:51,480 --> 00:37:56,960
Speaker 2: or understand basic things, there is never even an effort

708
00:37:57,000 --> 00:38:00,600
Speaker 2: made to enlist the American public in a story of

709
00:38:00,680 --> 00:38:05,279
Speaker 2: why those actions are important. So, you know, like they

710
00:38:05,719 --> 00:38:08,400
Speaker 2: successfully sued Google, there's now an open question of Google

711
00:38:08,480 --> 00:38:11,600
Speaker 2: could be broken up, like that is monumental. Have you

712
00:38:11,640 --> 00:38:14,400
Speaker 2: heard Joe Biden say anything about that until his last

713
00:38:15,000 --> 00:38:16,560
Speaker 2: his last speech, he's like, oh, I'm.

714
00:38:16,360 --> 00:38:17,200
Speaker 5: Concerned about Oliver.

715
00:38:17,320 --> 00:38:20,719
Speaker 2: He's like, oh, well, what did you do? You know,

716
00:38:21,239 --> 00:38:24,760
Speaker 2: I'm concerned about these tech tech giants. It's like, okay,

717
00:38:24,800 --> 00:38:27,800
Speaker 2: but and you know what, you have some credibility. Your

718
00:38:27,840 --> 00:38:30,840
Speaker 2: administration did do some things in that regard, but you

719
00:38:31,000 --> 00:38:33,040
Speaker 2: ended up with the worst of all worlds because now

720
00:38:33,040 --> 00:38:35,480
Speaker 2: all the tech billionaires hate you and are going to

721
00:38:35,560 --> 00:38:37,880
Speaker 2: do everything they can to make sure you're out of office.

722
00:38:38,200 --> 00:38:41,319
Speaker 2: And the public was never enlisted in this project and

723
00:38:41,400 --> 00:38:45,160
Speaker 2: never understood what you were even doing, let alone how

724
00:38:45,200 --> 00:38:47,560
Speaker 2: it could better their lives. And also, by the way,

725
00:38:47,560 --> 00:38:50,000
Speaker 2: you can't just do that which is a longer term project.

726
00:38:50,040 --> 00:38:52,040
Speaker 2: You also have to deliver for people materially in the

727
00:38:52,080 --> 00:38:56,680
Speaker 2: short term. So that's part of how these tech billionaires

728
00:38:57,600 --> 00:39:00,360
Speaker 2: won such an overwhelming victory and why if Tamala had

729
00:39:00,400 --> 00:39:02,279
Speaker 2: been elected, I think of the policies would have looked

730
00:39:02,280 --> 00:39:04,239
Speaker 2: similar to what Trump is ultimately going to do here.

731
00:39:04,520 --> 00:39:06,640
Speaker 2: But you know, Trump, with the embrace of all these guys,

732
00:39:06,680 --> 00:39:11,160
Speaker 2: it's like, very clear, is this attempt to you know,

733
00:39:11,400 --> 00:39:13,480
Speaker 2: if you come at the king, you best not miss.

734
00:39:13,880 --> 00:39:17,759
Speaker 2: Biden came at these kings and was not forceful enough,

735
00:39:17,960 --> 00:39:21,680
Speaker 2: was not able to enlist the American public in this project,

736
00:39:21,920 --> 00:39:23,600
Speaker 2: and now the project is basically dead.

737
00:39:23,920 --> 00:39:24,120
Speaker 4: Yeah.

738
00:39:24,160 --> 00:39:25,800
Speaker 3: I mean I could write an entire book about the

739
00:39:25,840 --> 00:39:26,840
Speaker 3: failures of Joe Biden.

740
00:39:26,920 --> 00:39:27,759
Speaker 4: I think that's a good point.

741
00:39:27,800 --> 00:39:30,640
Speaker 3: I mean, basically, one of the problems with having unpopular

742
00:39:30,680 --> 00:39:33,759
Speaker 3: presidents for various reasons is that all of the other

743
00:39:33,760 --> 00:39:34,920
Speaker 3: stuff attached to them.

744
00:39:34,800 --> 00:39:35,560
Speaker 4: Dies as well.

745
00:39:35,800 --> 00:39:38,360
Speaker 3: I know a lot of people who supported many things.

746
00:39:38,600 --> 00:39:41,719
Speaker 3: Actually know a lot of evangelical Christians who will tell

747
00:39:41,760 --> 00:39:42,839
Speaker 3: you that George W.

748
00:39:42,920 --> 00:39:44,640
Speaker 4: Bush is the worst thing that ever happened to.

749
00:39:44,600 --> 00:39:49,600
Speaker 3: Them, because his disastrous war in Iraq sank many of

750
00:39:49,640 --> 00:39:52,920
Speaker 3: the Christian right policies that they supported. Now I disagree

751
00:39:52,960 --> 00:39:55,600
Speaker 3: with them, but politically I think that they're correct. That's

752
00:39:55,640 --> 00:39:58,919
Speaker 3: a huge reason, exactly like you said. And then there's

753
00:39:58,920 --> 00:40:01,080
Speaker 3: also a big question here, what does victory look like.

754
00:40:01,200 --> 00:40:04,440
Speaker 3: I mean, the thing is Trump's cultural and Vibe victory

755
00:40:04,520 --> 00:40:09,120
Speaker 3: specifically over young guys, has been so extraordinary, so overwhelming,

756
00:40:09,120 --> 00:40:11,880
Speaker 3: and so different than last time around.

757
00:40:12,000 --> 00:40:13,319
Speaker 4: I'm still, honestly like.

758
00:40:13,320 --> 00:40:15,560
Speaker 3: Coming to grips with it. I still don't even know

759
00:40:15,600 --> 00:40:18,319
Speaker 3: what it really means, what even victory is to them.

760
00:40:18,360 --> 00:40:20,239
Speaker 3: All they care about is when he owns libs.

761
00:40:20,080 --> 00:40:23,200
Speaker 7: Right right there is though, there's a lot of people though,

762
00:40:23,200 --> 00:40:25,400
Speaker 7: It's not just Vibe. There's a lot of people though,

763
00:40:25,440 --> 00:40:28,200
Speaker 7: who did vote, you know, on material grounds. There's a

764
00:40:28,239 --> 00:40:31,560
Speaker 7: lot of people who do pay attention, and those people also,

765
00:40:31,640 --> 00:40:34,200
Speaker 7: I think will be the great swing voters of America.

766
00:40:34,280 --> 00:40:37,280
Speaker 7: I think the bro coalition will always stick with Donald Trump.

767
00:40:37,280 --> 00:40:39,160
Speaker 7: I mean he is, you know, like this uber mentioned

768
00:40:39,160 --> 00:40:42,960
Speaker 7: figure if you think like philosophically and just like fite bit,

769
00:40:43,040 --> 00:40:45,680
Speaker 7: fight is going to endure with that generation, I think forever.

770
00:40:45,960 --> 00:40:48,160
Speaker 7: In the same way, Reagan was a cultural icon more

771
00:40:48,200 --> 00:40:51,040
Speaker 7: than a political figure to an entire generation of guys.

772
00:40:51,160 --> 00:40:53,040
Speaker 4: But what you want is how quickly that.

773
00:40:53,000 --> 00:40:56,239
Speaker 3: Can dissipate and be destroyed under George H. W.

774
00:40:56,480 --> 00:40:56,760
Speaker 4: Bush.

775
00:40:56,800 --> 00:40:59,919
Speaker 3: So victory for Reagan is not victory for the RepA

776
00:41:00,000 --> 00:41:03,840
Speaker 3: Publican party and vice versa. I guess, just thinking broadly here,

777
00:41:04,200 --> 00:41:07,200
Speaker 3: about Trump and about the first hundred days will be

778
00:41:07,280 --> 00:41:09,879
Speaker 3: the ultimate test of all of these questions. It's not

779
00:41:09,960 --> 00:41:12,320
Speaker 3: just going to be about technology, of course, which is

780
00:41:12,400 --> 00:41:14,799
Speaker 3: very important. Immigration will be the big test for them

781
00:41:14,800 --> 00:41:16,720
Speaker 3: as well. Will the public.

782
00:41:16,400 --> 00:41:19,400
Speaker 4: Support, endure and go and go along.

783
00:41:19,080 --> 00:41:22,560
Speaker 3: With We have immigration raids schedule for tomorrow in Chicago

784
00:41:23,280 --> 00:41:24,080
Speaker 3: and elsewhere.

785
00:41:24,160 --> 00:41:25,320
Speaker 4: This will be the first.

786
00:41:25,719 --> 00:41:28,560
Speaker 2: Apparently they pulled back from Chicago after the details leaked,

787
00:41:28,560 --> 00:41:30,680
Speaker 2: but I think that expectations are still there will be

788
00:41:30,760 --> 00:41:32,600
Speaker 2: some significant immigration raids somewhere.

789
00:41:32,640 --> 00:41:35,480
Speaker 3: There will be an immigration raid somewhere in this country,

790
00:41:35,520 --> 00:41:38,120
Speaker 3: and there will be you know, ride alongs and media

791
00:41:38,200 --> 00:41:44,000
Speaker 3: appearances and things like that which will dominate our news waves.

792
00:41:44,400 --> 00:41:47,960
Speaker 3: Let's see, you know, I look, I have believes. Obviously,

793
00:41:47,960 --> 00:41:49,000
Speaker 3: we've ashed it out.

794
00:41:48,920 --> 00:41:49,560
Speaker 4: A million times.

795
00:41:49,960 --> 00:41:52,319
Speaker 3: I'm curious too, I'm like, let's see it, Let's see

796
00:41:52,360 --> 00:41:56,360
Speaker 3: what happens. We've still got big question marks here about

797
00:41:56,360 --> 00:41:59,680
Speaker 3: who's going to take over TOLCI Gabbard and RFK Junior

798
00:42:00,400 --> 00:42:04,080
Speaker 3: in terms of their confirmation hearings, and there could be

799
00:42:04,120 --> 00:42:06,960
Speaker 3: fights about that. So I believe that these first hundred

800
00:42:07,040 --> 00:42:10,880
Speaker 3: days will be a big test for thermostatic public opinion,

801
00:42:10,960 --> 00:42:13,279
Speaker 3: and I have a very close eye on the Democratic

802
00:42:13,360 --> 00:42:16,719
Speaker 3: Party and then also on the Democratic voters. The resistance

803
00:42:16,800 --> 00:42:19,880
Speaker 3: was a natural phenomenon last time. It doesn't exist right now.

804
00:42:20,080 --> 00:42:22,360
Speaker 3: I'm curious to see if it can reform and what

805
00:42:22,440 --> 00:42:25,880
Speaker 3: the general theory of opposition to Donald Trump and with

806
00:42:25,880 --> 00:42:28,640
Speaker 3: the various forms that it will take. So it's a

807
00:42:28,640 --> 00:42:30,680
Speaker 3: crazy moment here in Washington.

808
00:42:30,800 --> 00:42:31,879
Speaker 4: That's all I could really say.

809
00:42:32,280 --> 00:42:32,520
Speaker 5: Yeah.

810
00:42:32,640 --> 00:42:36,520
Speaker 2: No, in terms of the resistance, the liberals are really

811
00:42:36,880 --> 00:42:40,040
Speaker 2: they really are in disarray. I think they feel many

812
00:42:40,040 --> 00:42:44,680
Speaker 2: feel betrayed by some of the elite, especially media figures

813
00:42:45,160 --> 00:42:47,920
Speaker 2: that they trusted. I mean you mentioned before, Sager Joe

814
00:42:47,960 --> 00:42:53,080
Speaker 2: Biden being like welcome home Trump. I mean, Joe Biden

815
00:42:53,120 --> 00:42:55,160
Speaker 2: may not have really believed you was a fascist and

816
00:42:55,400 --> 00:42:59,120
Speaker 2: of democracy, but the liberal base really did and really

817
00:42:59,160 --> 00:43:03,400
Speaker 2: does feel betrayed on a lot of levels. And I

818
00:43:03,480 --> 00:43:05,439
Speaker 2: was mentioning before, you know, I think part of why

819
00:43:05,440 --> 00:43:09,120
Speaker 2: the Democratic Party feels less inclined to resist and fight.

820
00:43:09,160 --> 00:43:11,080
Speaker 2: There's a variety of factors, but one of them is

821
00:43:11,440 --> 00:43:14,160
Speaker 2: they're kind of comfy with this like oligarchy thing. They've

822
00:43:14,200 --> 00:43:17,080
Speaker 2: been cozy enough to these billionaires, the same way you

823
00:43:17,160 --> 00:43:23,000
Speaker 2: had the lead candidate for DNC chair Ken Martin be like, well, yeah,

824
00:43:23,000 --> 00:43:24,080
Speaker 2: we're gonna still raise.

825
00:43:23,920 --> 00:43:25,520
Speaker 5: Money from our good billionaires.

826
00:43:25,520 --> 00:43:27,640
Speaker 2: We're just going to stay away from the bad billionaires,

827
00:43:27,640 --> 00:43:29,480
Speaker 2: which is like, of course, his definition of a good

828
00:43:29,520 --> 00:43:32,719
Speaker 2: billionaire is one that gives to the Democratic Party versus

829
00:43:33,160 --> 00:43:37,200
Speaker 2: you know, maybe the country and the party should not

830
00:43:37,320 --> 00:43:39,600
Speaker 2: be owned by billionaires whatsoever.

831
00:43:40,000 --> 00:43:42,759
Speaker 5: Maybe that's ultimately the direction to go in.

832
00:43:43,239 --> 00:43:47,240
Speaker 2: So I think that there's going to be a reckoning,

833
00:43:47,239 --> 00:43:50,719
Speaker 2: which will probably occur bits and starts over the next

834
00:43:50,760 --> 00:43:54,600
Speaker 2: four years, but certainly in the next Democratic primary presidential contest.

835
00:43:54,920 --> 00:43:57,920
Speaker 2: That's really a fight for the soul in the direction

836
00:43:58,120 --> 00:44:01,799
Speaker 2: of the Democratic Party. And you know, in terms of

837
00:44:02,000 --> 00:44:06,520
Speaker 2: the like whether some similar resistance is going to arise,

838
00:44:07,120 --> 00:44:11,000
Speaker 2: they're figuring out who they trust, what they believe, what

839
00:44:11,160 --> 00:44:14,840
Speaker 2: view of politics makes sense, because you know, the version

840
00:44:14,880 --> 00:44:18,120
Speaker 2: that was sold to them of like resist on the

841
00:44:18,120 --> 00:44:21,239
Speaker 2: grounds of Russia Gate and you know, the the high

842
00:44:21,280 --> 00:44:25,040
Speaker 2: minded democracy talk, which I don't personally disagree with, the

843
00:44:25,120 --> 00:44:27,279
Speaker 2: you know, the threat that Donald Trump poses, but this

844
00:44:27,400 --> 00:44:30,839
Speaker 2: was clearly inadequate to the task. The legal cases were

845
00:44:30,840 --> 00:44:33,920
Speaker 2: clearly inadequate to the task. So they're kind of regrouping

846
00:44:34,000 --> 00:44:36,880
Speaker 2: and figuring out. Okay, well, if that didn't work, what

847
00:44:37,080 --> 00:44:40,360
Speaker 2: could work to, you know, to to fight back against

848
00:44:40,360 --> 00:44:43,759
Speaker 2: this political force that we're opposed to. So Sager, I

849
00:44:43,800 --> 00:44:45,799
Speaker 2: don't know if you I think we lost, Sager. So

850
00:44:46,000 --> 00:44:49,279
Speaker 2: in any case, we were coming to wrap here in

851
00:44:49,320 --> 00:44:52,399
Speaker 2: any any way. But in any case, thank you guys

852
00:44:52,440 --> 00:44:56,560
Speaker 2: so much for watching us on a livestream today as

853
00:44:56,600 --> 00:45:01,080
Speaker 2: we watch President Donald Trump retake the Oval office. What

854
00:45:01,200 --> 00:45:03,080
Speaker 2: extraordinary times that we live in. It's going to be

855
00:45:03,200 --> 00:45:05,440
Speaker 2: very interesting. Saga and I are going to be back

856
00:45:05,560 --> 00:45:08,560
Speaker 2: to cover. We're going to do another live stream tomorrow,

857
00:45:08,600 --> 00:45:10,800
Speaker 2: just because the news is coming in so fast and furious,

858
00:45:11,760 --> 00:45:13,879
Speaker 2: so we want to make sure that we're as current

859
00:45:13,920 --> 00:45:16,759
Speaker 2: as we possibly can covering all of this raft of

860
00:45:16,800 --> 00:45:19,720
Speaker 2: executive orders that are going to be issued both today

861
00:45:19,960 --> 00:45:23,440
Speaker 2: and tomorrow. So we'll be doing that live show again

862
00:45:23,480 --> 00:45:25,400
Speaker 2: for you tomorrow just so we can make sure that

863
00:45:25,440 --> 00:45:27,680
Speaker 2: we are on top of all of the news. But

864
00:45:28,360 --> 00:45:30,480
Speaker 2: we appreciate you guys, and it's certainly going to be

865
00:45:30,600 --> 00:45:31,800
Speaker 2: an interesting four years.

866
00:45:31,840 --> 00:45:32,399
Speaker 5: See you soon.