In this episode of the podcast, we discuss the latest in the Trump administration, including the latest tweets from the president about China and Elon Musk. We also discuss the impact of the tax bill passed by Congress, and the impact it could have on the economy.
00:12:29.160We've got the we've got Forrest, Roy and Ava are going to join us.
00:12:33.600We've got a lot of Tiananmen we're going to talk about and bring it up to date of why that event and what led to that event in the American response, that event.
00:12:41.420Why today we're in the position of the Chinese Communist Party.
00:12:44.740But just look at this and all the front finally in the front pages, the moneyed interest.
00:12:49.360They're all hey, they're they're they're loving it.
00:17:38.940So we designed this little two-inch drone specifically for the conference.
00:17:43.760We've got a race and maneuver competition going on here hosted by SESP and USNBA to really pit Navy, Marine Corps, Army, Air Force, College, High School.
00:17:56.340Basically everybody in the hobby, in the pathway of flying these FPV drones against each other.
00:18:05.600So there's not at this booth specifically, but there's a lot of interesting stuff coming out with AI and specifically these purpose-built, suitable systems.
00:18:13.780How long before the AI is outperforming all human pilots, you think?
00:18:28.100Remember, this is all inextricably linked with everything that is going on, folks, including this.
00:18:33.460I don't quite get this Palantir thing, but we're working to get to the bottom and make sure that they don't have all of your information.
00:18:41.240Also, MTG, you know, she said, hey, in the bill, the 10-year, which we've highlighted from the beginning, but even worse in that section is where they take Joe Allen, the executive order that we're the only people to call out under Biden a couple of years ago that said whole of government is going to revolve around artificial intelligence.
00:18:59.680Now, they covered that by lying to people and said, hey, this is the moonshot to save cancer, to kill cancer.
00:19:22.460But what I do know is the artificial intelligence has a – and actually has got this story up today – has a habit of maybe lying to the humans, right, misinforming the humans.
00:19:50.300Everything's revolved around the arms industry.
00:19:53.660Everything's revolved around immediately getting all of this into the weapons systems.
00:19:58.420This is why what's happening in Ukraine is so dangerous and in Russia.
00:20:02.220That was all driven by artificial intelligence on those drones, the ability to strike in and hit part of the nuclear triad of the Russians, which, like I said, Curtis LeMay couldn't even – in his biggest fantasy couldn't even think of.
00:20:17.240This is Ford Jr. in the United States of Tiananmen Square.
00:20:22.500Right now, you saw President Trump put up, hey, it's tough to deal with Beijing.
00:20:26.740You saw the Wall Street Journal and the Financial Times.
00:20:29.940They couldn't be happier that the progressive party that's part of the Beijing's because the fix is in.
00:20:37.380The global capital markets and the lords of easy money and big tech and the big corporations, they're business partners with the Chinese Communist Party.
00:20:47.520They benefit from the slave labor of Lao Baixing in China.
00:20:51.060This is as obvious as the nose on your face.
00:21:12.720Of course, the spokesman comes out and says, yeah, you know, on that tariff thing that President Trump has given us a couple of months on and wants a response.
00:21:24.020Oh, by the way, our priority is getting our relationship with Beijing correct.
00:21:29.660Captain Fennell, we're on the cusp of being drawn in to a basically kinetic conflict on the Eurasian landmass, and right now Korea has fallen.
00:21:43.740It is the Secretary of Defense, Pete Hexeth, in Singapore on Saturday said, get ready for an imminent threat and an imminent attack on Taiwan, sir.
00:21:55.060Yes, Steve, the election results in the Korean Peninsula and South Korea are very concerning, and I understand the implications, and it's part of Beijing's grand strategy, the Chinese Communist Party strategy to drive the United States out of Asia.
00:22:15.600And by basically taking South Korea and putting them under their wing again, not again, but at this time, they are basically saying, we're going to challenge what the Secretary said in Singapore.
00:22:28.060He also said he wanted to prioritize forward basing.
00:22:31.820So now this is going to come up, the next shoe to drop in terms of military is there going to be a big pressure on the South Korean government to push the United States military out and come up with some kind of deal with North Korea.
00:22:46.920Over my shoulder here, my left shoulder, this is today is the 83rd anniversary of the start of the Battle of Midway.
00:22:54.240And in that battle, if we had lost that battle, it would have changed the outcome of history for the last 83 years.
00:23:00.380We are in a similar situation where China is pushing out and expanding in the Northeast Asia, into Korea, threatening Japan, threatening the southern Japanese islands, obviously threatening Taiwan.
00:23:14.820They have two aircraft carriers out at sea right now, one in the South China Sea, one east of the Philippines, the Liaoning, in its farthest operating area since she's been operational.
00:23:24.460And they have a third carrier up in the Bohai doing sea trials.
00:23:29.120And they're pushing out, threatening the Philippines, threatening our interest, making investment, as we heard from Cleo Pascal, into the Micronesian islands and establishing bases there, just like the Japanese did.
00:23:41.880So we are in a very critical situation right now.
00:23:44.300And as you use the term, tapping along isn't going to cut it anymore.
00:23:48.800We've got to stop tapping along, and we've got to wake up and do something different.
00:23:53.060I've been writing and talking about, at this point, it should be time to think about moving at least half of the Atlantic fleet from the Atlantic Ocean through the canal and into the Pacific.
00:24:05.180And I know it's controversial, and some people won't agree with that.
00:24:25.740Real quickly, in Midway, and I'm going to go back to Joe Allen who got him up at AI, which is all about defense.
00:24:31.400In both Pearl Harbor and Midway, given the great equipment the Japanese had after this major naval buildup,
00:24:40.760in the heat of battle, particularly in Midway, it was not simply the valor and courage of the American pilots and Admiral Spruance and the carrier battle groups.
00:24:53.120But in both situations, at Pearl and at Midway, the Japanese high command at fighting the ship kind of panicked and paused and made some bad decisions.
00:25:06.800They've never had to be in combined arms naval warfare when the balloon goes up.
00:25:11.300It gets quite intense and quite confusing.
00:25:14.280Can artificial intelligence take away the advantage we just had from, you know, the Royal Navy handed down to the American Navy,
00:25:21.860the fact that we fought in the Pacific, that we train our fleets, even given how bad seamanship is today and all the basic issues we have with that,
00:25:30.200that our major advantage of actually having done this and pass that down from generation to generation and they and they've never fought at sea ever.
00:25:39.420I mean, they have less experience than Japanese had in in the in 1941, 42.
00:25:44.980Does artificial intelligence take away that advantage, sir?
00:25:50.420I mean, one of the reasons for the victory at Midway was the intelligence work that was done by Commander Joe Rochefort
00:25:58.400and his team of radio intelligence cryptographers at Station Hypo there at Pearl Harbor,
00:26:03.580being able to read the Japanese Imperial fleets communications and understanding where they were going.
00:26:10.000We didn't read all of it, but we read enough that we could know where they were going to and they were going to Midway.
00:26:14.220And that was the that was the thing that set us up for victory beyond what the our pilots did and all the valor and courage that they exhibited.
00:26:21.600And that, you know, from four to seven June 1942.
00:26:25.000But it was intelligence. So here we are now, 83 years later,
00:26:28.680and we're looking at things like artificial intelligence and and drones and the replicator and the hellscape initiative.
00:26:35.920These are the things that are going to help us defeat the PRC and the PLA Navy in a war at sea.
00:26:41.340But we've got to have capital ships as well. It's not an either or thing.
00:26:45.780We need to have the ships. As we've discussed, this is a big ocean.
00:26:49.480It's vast. It's huge. And the Chinese are venturing out farther and farther to the east, operating near Guam,
00:26:56.420operating near Hawaii, possibly with their submarines and even further.
00:27:00.180So we have to be ready for a war at sea and we can use artificial intelligence and our in our normal intelligence,
00:27:08.060if we're willing to use it and listen to what the evidence is telling us.
00:27:13.000Captain, hang on for a second. We got we're stacked up already, but we're going to get to all of it.
00:27:16.860And this goes back to also the budget, the trillion dollars.
00:27:21.300I'm for a defense budget cut. You're not going to do that.
00:27:24.420I'm not so sure how you're going to move things in a massive tax increase or at least an extension of a tax cut for the wealthy.
00:27:31.540We got to talk to the mass CBO just came out with another report. We'll get into that.
00:27:35.900Although Captain Fennell brings out something quite interesting that everybody we don't have time for this today,
00:27:40.300but I commit to you that we will do a couple hours. Captain Fennell.
00:27:44.360Now, the United States in late 1930s, early 1940s, had not just the diplomatic intelligence and cables,
00:27:52.800which is everything we talk about at Pearl Harbor.
00:27:55.280They also had the Imperial Japanese fleet intelligence.
00:27:58.980And that makes everything that happened around Pearl Harbor quite interesting.
00:28:03.680Not time for today, but I commit to you that we'll come back and break it all down in the future because it will like you'll go.
00:30:08.240This is why we're doing an appropriation process.
00:30:10.120The whole thing is to make it so confusing that you get tired and said, hey, I got to go play golf or, you know, let's go to the club and have a drink or I got to go back to work.
00:30:21.180The system is set up to obfuscate, not to make it clear.
00:30:26.380How tough is it to make a family budget?
00:30:29.120It's not all that much tougher if you want to just do cash in, cash out.
00:30:32.700All receipts, tariffs, duties, taxes, corporate taxes, personal taxes, payroll taxes, all cash in and cash out.
00:30:43.320Let's just do something simple to starter because that gap you're going to have to finance.
00:30:48.780You're either going to print money or you got to sell bonds.
00:30:51.320Sell bonds to yourself and trash this currency even more.
00:30:58.260Artificial intelligence is supposed to be the panacea.
00:31:01.660I think a wise man once sent this, Joe Allen.
00:31:06.100I don't want to quote myself, but every new technology, if you look in history, the very first thing on every technology from the time we found fire,
00:31:15.240the first use of because it's human nature, it's always how does it help us in war, right?
00:36:01.100Next thing you know, we are speaking to robots who are speaking back to us in Mandarin.
00:36:05.700So, with Eric Schmidt's arguments, he made a very strange argument yesterday,
00:36:13.060one that I've never heard him put forward before.
00:36:15.660And it is that one of the big dangers of driving forward this AI race is that the first movers are going to have the advantage in any country that feels like they're going to be left behind, not just by the AIs that we see here from Palantir, from Meta and some of the startups, but the future AI that he envisions, artificial general intelligence in the very near future and then artificial super intelligence and AI that is smarter than the sum total of human beings.
00:36:44.440Eric Schmidt says that that is, A, happening right now, B, should happen and should be driven forward by U.S. companies, but C, once that begins to be apparent to our adversaries, they would have every incentive to bomb our data centers to ensure that we didn't end up on top of the cyborg theocracy.
00:37:07.080Wow. Folks, take your number two pencil out. Third World War, Kinetic Park, coming to a region near you shortly.
00:37:18.780Joe, I know you've got to bounce. You've got a big event today down in Texas.
00:37:26.420I want to go back to this executive order, the one that you unearthed.
00:37:30.600You really drilled down. When Biden signed this executive order back in his regime that talked about the moonshot and we're going to cure cancer,
00:37:39.180that when you went through it, that entire executive order was to have a whole of government movement to make artificial intelligence
00:37:46.200the central driving force of the United States government and total interconnectivity. Is that correct, sir?
00:37:54.940You know, Steve, you have to tease apart the two executive orders that we covered.
00:38:00.480The one, the cancer moonshot, was very aggressive on accelerating genetic technologies ostensibly in order to cure cancer,
00:38:09.940although a lot of kind of transhumanist language in it. The second executive order on artificial intelligence,
00:38:16.580absolutely, as that was signed and came out, you began to hear Mayorkas talking about the use of artificial intelligence in the Department of Defense.
00:38:25.720A lot of the language in that Biden EO was about trying to restrain the negative sides of AI like racism,
00:38:32.940sexism and homophobia or economic disparities, but it also talked about incorporating it into the government.
00:38:39.460I'm sorry to report, though, Steve, that under Trump, basically they removed the restrictions that I think were pretty valueless anyway
00:38:47.620and are now going full bore ahead to especially with Palantir and the merging of digital identities across agencies,
00:38:56.640the IRS, HHS, DHS, that under Trump right now, the acceleration of AI is actually going full steam.
00:39:07.000Hold on, this is what I want to get to. In this bill, in the big, beautiful bill, correct me if I'm wrong,
00:39:11.800MTG brings up the fact of the states, the 10 years in the states, but even more insidious in this bill
00:39:17.720is the fact that they've codified into now law that this is going to, it's not an executive order anymore.
00:39:24.480Haven't they taken the parts of that executive order and put it into this big, beautiful bill
00:39:29.480where this is now going to become the central thing?
00:39:31.320This is kind of the aspect where Palantir is going to be able to drive off of, sir?
00:39:38.200Yes, and as you were just mentioning earlier, I think maybe the most insidious part of this,
00:39:45.140it's just right in your face, that over time, states are going to need to regulate AI.
00:39:52.140They're going to need to have policies to protect citizens from the downsides of this technology.
00:39:57.140In the big, beautiful bill under the Department of Commerce section,
00:40:01.720you have a 10-year moratorium on all states regulating AI.
00:40:06.760As I say, it's this under Trump, the acceleration is full bore.
00:40:10.640By the way, I might mention, if you haven't seen Mountainhead, I think it's on HBO or Netflix,
00:40:16.980one of these things, if you haven't seen Mountainhead, this two-hour movie about this very topic,
00:40:21.420you should watch it from the guys that made Succession.
00:40:24.880And I'm not a big content, I don't look at a lot of modern content because I think most of it's crap.
00:40:30.820This is very important because they have a, I'm going to give a little disclosure,
00:40:35.180they have a major plot twist in the middle where they start to do some things
00:40:40.720that you in the audience may consider pretty awful.
00:40:44.500The reason they do it is that the accused, their world breaks down into decelerationist and accelerationist.
00:40:51.880If you're viewed as a decelerationist, which means you're not accelerating the entire,
00:48:43.580We're going to address just one more time.
00:48:45.700The two most powerful financial papers in the world, the Financial Times of London, talks about a sweeping victory for guys that got under 50 percent.
00:49:08.020Two thirds of the 75 percent of the capital, the capital in this country, by the way, provided by you are managed by people that are business partners with them.
00:49:21.860And particularly the call with Xi that President Trump's going to have with Xi on Friday when President Trump puts out a tweet that says, hey, it's tough to get a deal with these guys.
00:50:55.460They lost their lives because the Chinese Communist Party is rolling in the tanks and bullets against the unarmed students and citizens.
00:51:03.960Okay, so this is exactly what is happening right now.
00:51:08.700Now you see what is happening in Korea.
00:51:12.360Chinese Communist Party already waged this war, this unrestricted war, for a long time.
00:51:19.680And just American people need to understand this.
00:51:22.560We have to take action to decouple from Chinese Communist Party, to clean out all the insiders and enablers and cooperators within this country.
00:51:34.000I think I want to, there is a FBI director, Kash Patel, last night posted this act.
00:51:41.620They just arrested one Chinese national, basically as a Chinese spy.
00:51:47.060What he did, he brought a very dangerous biological pathogen into this country.
00:51:53.260This time it's not attacking the people.