Episode 2555 CWSA 08⧸03⧸24
Episode Stats
Length
1 hour and 4 minutes
Words per Minute
146.48807
Summary
In this episode of Coffee with Scott Adams, host Scott Adams talks about why you should get rid of high heels, why the stock market is heading into a correction, and what to do if it happens. Scott Adams is a regular contributor to the Financial Times and host of the financial podcast "The Macro Guys" and is the author of the popular financial newsletter, The Macro Guys.
Transcript
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good morning everybody and welcome to coffee with scott adams saturday edition while everybody else
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is lazy and sleeping if you'd like to take this experience which is already going to be amazing
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up to levels that nobody can even understand with their tiny shiny human brains all you need is a
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cup or mug or a glass a tanker chalice stein a canteen jug of less of a cell of any kind fill
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it with your favorite liquid i like coffee join me now for the unparalleled pleasure the dopamine
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day of the day thing that makes everything better it's called the simultaneous sip and it happens
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well here's an important story uh for people like me did you know that young people are or young women
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are eschewing high heels for clubbing so i i'm not i have to say that it's been a while since i've
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been to a club so when's the last time i went clubbing it was uh uh last time i went clubbing
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was oh never never so i've never been clubbing but i understand that it was common for women to wear
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heels and apparently now women going out for the evening wear some kind of sneakers and jeans
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and i thought to myself finally finally we finally found something that could help human reproduction
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have you noticed that every trend in the news is negative it's like that the dating apps are
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destroying us and the only fans is bad the porn is terrible and the ai is going to take all of our
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romantic interest away and everything seems to be going the wrong direction but if women take their heels
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off suddenly they have access to a whole new range of men i.e men who were not tall enough if they wore
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heels but if they don't wear heels tall enough so it's like men just gained three inches in height
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everywhere in the united states young ones because the young women are not wearing heels and the big
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difference is whether they're taller than the woman and that that seems more important than you know how tall
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they are in general they like them tall women do but they certainly have to be taller than the woman
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that seems to be you know key criteria on the dating apps so get rid of those heels ladies your mating
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well you were probably aware the stock markets in the dumper but here's how you should look at this
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yeah let me tell you one thing that i told a young investor months ago i said stock markets
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looking really good right yeah looking really good you know in the summer it always takes a shit
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what yeah in the summer the stock market always takes a dump now i think there may have been an
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exception like some weird years but generally speaking people like to sell what they have in the
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summer and go on vacation literally they don't want to look at their their holdings so anything that's
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sketchy they just sell it before they go on vacation so you always get a fall in the summer
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it might mean something and it might not it could be because of the unemployment it could be because the
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fed hasn't raised the interest rates it could be something about the election it could be something
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about ai got a little overrun so there was no question let me put it this way
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there was no future there was no possibility that the market wouldn't go down at least 10 percent
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everybody's experience as an investor knows that right
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we were heading for a 10 percent correction minimum i mean it could be more
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but minimum 10 percent so you're just seeing the expected 10 correction doesn't mean it'll stay there
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i would expect that there's nowhere else to put your money you know you don't want your money in
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cash you can't put it all in bitcoin because you're not quite sure that's the way to go
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so what are you going to do put it in your mattress then it just gets inflated away if you want to keep
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up with inflation you're either going to have to own property which has its own risks or the broad
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stock market so for me the anti-inflation play is primarily just being in index funds
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you know if if the big companies can't raise their prices then nobody can so that's my play i'm
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keeping all of my stocks selling nothing and i wouldn't be surprised if you see it changing quite
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a bit between now and the election you'll because i also think the players game the system
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so it could be that people are just taking some profits from ai companies that ran up too much
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but it could be that you'll see a bunch of super rich democrats say you know what would be really
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good for the democrats is if the market felt like it was recovering so i think you're going to see a
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bunch of fake very large industrial buyers before election day so here's my prediction
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whatever the stock market is today i think it will be higher than that on election day
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and it won't be normal like it'll just be gaming the system kind of stuff that's what i think so
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that doesn't mean in the long run anything it just means i expect a little bit of mischief
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all right uh so according to bright bar news the democrats are panicked now and they want a rate cut
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because unemployment took a little jump so if the fed cuts the rates that normally juices the stock
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market and the rest of the economy but the fed is independent ish so they don't have to do something
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just because the democrats want it now you might say to yourself on this next story scott why are you
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always talking about batteries batteries are so boring oh but are they i think understanding batteries
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and the new technology coming is just one of the biggest things to understand so here's a big
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big big story about batteries sawyer merit on x is reporting this so tesla apparently has been
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working on something called a dry cathode battery meaning that there would be no moist parts of the
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battery this has been a long dream apparently that was just too hard to do people have tried it but
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haven't gotten far enough but um it would reduce if it works tesla would reduce their own costs between
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15 and 30 percent if they can scale it that's right the cost of a tesla could come down 20 to 30 percent
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if they put these better batteries in but that's not all takes up a lot less space
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um and uh they can make uh smaller more efficient factories to make these uh fewer steps higher density
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more range better for the environment and uh of course we're going to need some really good batteries
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for your robots you think if you think your uh battery keeps running down in your car
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wait till you see your robot at least the robot can go plug itself back in actually your robot could
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probably drive your tesla to the charging station and charge it for you so that's coming
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meanwhile california is uh floating the idea internally about purchasing and owning its own refineries
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now you might say to yourself what uh isn't california part of the united states and don't we live in a
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free market capitalist system where the very dumbest thing you could ever do is have the state own your
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means of production because that's like communism it's like venezuela and every single possible element
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of that is bad idea that's why we're doing it if you if anybody has a like an updated list of terrible
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ideas could you send it to us in california because we're running out of terrible ideas we've implemented
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them all and this new one i think gets sort of the end of our list you know once you start getting rid
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of capitalism entirely let the criminals out uh let the the uh people from other countries flow in
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let that fentanyl come in come on fentanyl let's get that in here and then the only other thing we
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could do oh besides the fact that you can't get a house insurance if you live in california because
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of the poor management of the forest fires but uh now we're gonna have uh apparently uh get rid of
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capitalism because you know the state is really good at running businesses for your yeah okay yep
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california has become like venezuela except except without the excellent leadership of maduro
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well uh elon musk had apparently an eight and a half hour interview with uh lex friedman i don't
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understand that i don't know why they did that but okay so i guess they they get along pretty well
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because they had a long talk um so here's some things we know now neural link is looking to you
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know massively increase the number of electrodes into the brain and they're working on a product in
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the future that will allow maybe blind people to see for the first time i think how amazing that would
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be imagine if elon musk bypassed eyes and just put a little camera on your head and it's stuck into
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your brain and then blind people could just see and what about deaf people probably probably deaf
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people will be able to hear he also seems to have some potential for solving schizophrenia seizures and
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memory issues well we're going to be full android pretty soon you know elon points out as i've
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pointed out for years that we're already androids the fact that you can put your phone down doesn't
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change that your your phone is basically connected to your body and your brain you know that every
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once in a while you forget it but that's more of a design flaw anyway in other news the nfl announced
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that all of the teams will be implementing facial recognition so that every person who attends a
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professional football game will be identified by facial recognition software to verify their identity
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um does anybody wonder why is there something we don't know about that makes that necessary
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well what exactly is the purpose of doing that is that for the benefit of the safety of the people
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going to the stadium is that for the government to find out where all the trump supporters are
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uh uh what is that i get crowd control collect data you know remember something i've been telling you for
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years that you hated is that there's no hope of preserving privacy there is no hope of preserving privacy so you
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should get your head straight about living a life that could survive no privacy if you haven't already
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made that change you really need to stop saying anything in a digital means that you're not willing
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to defend in public i think i stopped saying things digitally maybe 20 years ago probably 20 years ago
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was the last time i said something that maybe i'd be embarrassed if somebody saw it now i only say
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things that if it came out i'd say yeah fuck you that is my opinion i don't think there's anything i write
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down digitally that i couldn't say in public and it's been that way for a long time and you know i've i've had
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actually had the experience of sending an encrypted message and then seeing it in the news
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that'll that'll straighten you out really fast yeah imagine sending an encrypted app message and then seeing
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it in the news yep that happened that's a real thing that happened with me
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anyway um remember that story about the 9-11 planners who are in custody and they did a plea deal
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and the plea deal would give them life in prison but no execution well defense secretary lloyd austin
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has reversed that and actually removed removed from office the person who approved it so not only did
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he reverse it but the person who tried to do it in the first place you got slapped down pretty hard
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they were removed from that position that's a pretty hard rebuke now does it seem to you like this is
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maybe entirely political it looks entirely political to me i think the uh the democrats just thought it
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was awkward to do this right before an election because it's just one more thing you can you know pin
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on biden i think this is purely political what would be the other reason and by the way i don't have
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any problem with the plea deal is there something wrong with it how many of you think that the um
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terrorists would be happier if they're if they have life in prison i don't see that i see them being
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happier to to be executed if you had life in prison wouldn't you want to be executed especially if you
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thought you'd get your 72 virgins i'm not even like i don't even understand it like are we trying to be
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good to the bad guys by giving them life well how's that even a deal so so there's something deeply
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unreported about this there's something about the story we're missing and whatever that is is going
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to be interesting but we'll probably never find out anyway don't believe the news uh speaking of the
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news russia allegedly here's another one i don't believe all right so i saw this on social media
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it's all tell you what it says but i don't believe it uh that russia is going to block google ios and
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android what would it use if it doesn't use those now blocking google seems possible but how do you
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block ios and android what is there some operating system is it a chinese operating system will they
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just go china products maybe but why would they do this it's probably for security right is it for
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security or is it just to damage the us's dominance in the industry don't know but i would think that
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if putin doesn't trust google ios and android maybe you shouldn't either and again just assume you have
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no privacy uh russia probably isn't happy with giving up their privacy but we already have
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so it's no real difference bank more encores when you switch to a scotia bank banking package
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learn more at scotia bank.com slash banking packages conditions apply scotia bank you're richer than you
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think all right we're all waiting breathlessly for any moment now or ran to respond and attack israel
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maybe through proxies because israel murdered their the head of hamas's political wing
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while he was in iran in the guest house and iran is saying that israel crossed all their red lines
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their response will be swift and heavy and and then the u.s is sending military forces
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there so we'll have a strike group and we'll have some more aircraft and whatever assets we need just
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in case now of course it's being it's being presented as this is a way to reduce violence
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because it'll maybe make iran think they don't want to do too much
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but to me it's always so weird when two countries at war do war theater
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now when israel takes out the leader one of the leaders of hamas that's not theater that's militarily
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strategic but when iran responds isn't that purely theater because iran's response nobody expects it
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will change anybody's future behavior they just have to act like they look like they can do stuff
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so whatever they do is just going to be some weird theatery thing and if they go too far
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they will invite more destruction on themselves than they want so they've got this weird little
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situation where they have to do something theatrical that maybe kills an israeli if you know if they get
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what they want um but they can't do anything that's important so what's what's that leave you can't do
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anything important but it can't actually make a difference because if it makes a difference that
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would be too dangerous for iran so it might be like that last thing where they warned the u.s well there might
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be uh an attack you might want to duck and get in holes and uh you know we don't want to kill anybody
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but we got to make a theatrical attack so you know everybody here it comes and so it looks like they're not
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going to give a warning this time or at least that's what we're told maybe they will
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but here's my prediction i think israel is going to degrade hezbollah and they're just looking for any excuse
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excuse now they don't need an excuse because hezbollah has been you know continuously attacking
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forever what they need is for the israeli public and the american public to say oh there's a good excuse
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so i don't think iran has ever been in a more perilous situation because if they do something theatrical
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that everybody can agree was a nothing maybe things just chug along the way they have been but
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they say israel crossed a red line which means an appropriate response would also cross a red line
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now can they find a red line that they think is a red line that they crossed
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while israel can argue well that wasn't much of a red line and the u.s can say well
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yeah i see they tried but we shot down all their missiles uh it was sort of a nothing
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this one's going to be really interesting i think the hardest part will be iran trying to figure out
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something that's the right message and that they could actually execute i don't know what there is
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um i'll tell you what they won't do i don't expect them to kill a high-ranking high-ranking
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american or military officer i don't think they're going to take a headshot
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at israel because again that would be full war so i think it's inevitable that israel will uh
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have to attack hezbollah directly and massively i don't see any way around it it's just when it happens
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really um could it could happen this month or next year it's just going to happen i would rule out
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any possibility it doesn't happen i don't think that's even in the option set anymore that's my
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guess well iran is apparently allegedly who knows if this is true arrested more than two dozen people
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that they think might have been knowledgeable or possibly complicit in this assassination in their
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country and i say to myself if they arrested two dozen people doesn't that mean they're going to
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torture them all right i mean if they arrested them but they don't have evidence that they were
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involved it sounds like they're just grabbing everybody who would know anything and then
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they're just going to torture them all can iran really get away with torturing two dozen of their
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own people of which i would guess no more than one of them might have been involved
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it feels like that's kind of a big risk for the the leader because if you're in the military and you
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just found out that two dozen people got scooped up for interrogation and you know for sure that
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there couldn't be more than one of those people who knew anything about this
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you'd feel pretty mad at your leadership for treating you like you're expendable
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i don't know if i could ever get over that if i saw my beloved leaders in the military
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you know people i respected get scooped up when i knew for sure they were not involved in this because
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they just wouldn't be i don't know that i could ever fight for that country again
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if they ever wanted to so iran has more problems than i've seen anybody ever have a problem
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i don't know i don't know how they're going to navigate this
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is anybody amazed that the top two democrats that the entire democratic party could put together
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the top two now i'm not talking about the vp yet i'm talking about uh biden and then harris
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the top two the top two what is the one thing they both have in common that's unusual for a national
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politician nobody thinks they can answer a question just hold that in your mind the the two best
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people that the democrats could feel biden harris nobody on either side not a democrat
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not a republican believes they're capable of standing in front of other people and answering
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basic questions about their profession and what's going on how did we get here
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you know this is a great lesson on you can get used to anything as long as it happens a little bit
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slowly we just got used to it how in the world how in the world do the democrats put up with having
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their two best people unable to talk in public literally the most salient part of the job
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and we're just like we're just going on so today after i'll say this i'll say the two best democrats
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one of them likely to be the next president and they can't talk in public you could almost throw
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a dart into a crowd and get somebody who could answer a question in public i mean you have a good good
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shot at it anyway so uh that's amazing but uh there was apparently some kind of uh accidental leak
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out of the philadelphia mayor's office some staffer that uh released a video that would suggest that
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the democrats already know that they're going to be choosing josh shapiro the governor of pennsylvania
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for their vp candidate so i think we're all acting like that's a done deal today even though it's not
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official but we're going to talk about it like it is and let's talk about the fake news first how many of
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you believe that josh shapiro once served in the idf volunteered and then served in the idf that would
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be the israeli defense force the military in israel how many believe that's true because social media
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said it was true how many of you believe that's actually a real thing it's not a real thing all right
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let me say it so so that you don't embarrass yourself because a lot of people on the right are falling for
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this pretty hard here's what was true in high school his high school had some kind of a program where
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they had to volunteer for something so he and some other students volunteered remember this is high
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school these these are just kids uh volunteered to uh was it college uh volunteered to go to uh israel
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and they worked on a kibbutz or something but part of it as they volunteered to do some internee like
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work for the idf they weren't in the idf they were like unpaid interns sweeping sidewalks and you know
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doing stuff like that so he wasn't carrying a gun he wasn't going to war for the idf he wasn't a member of
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the idf he was a student who was having an experience in another country that included some
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you know some stuff that was unimportant and student-like for a military force now should you
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be comfortable with that just because i said well he didn't you know he didn't actually pledge his
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allegiance to another country it's just it was just a student experience are you uncomfortable with
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that to know there's somebody who had a substantial in his in his youth he had a substantial experience
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with another country that's an ally of the united states how many of you have a problem with that
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because i think voters will that they will hear the story and they'll believe he had joined the military
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you know probably probably a third of conservatives will now forever believe he fought in the israeli
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military probably a third and will never be talked out of it because that's how the fake news works
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it's pretty sticky um now what's interesting of course is that shapiro is jewish and therefore the question
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will be which party is more anti-semitic so will there be more
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uh republicans who are on the extreme side saying oh no that's one more reason we can't vote for him
00:28:00.140
well that shouldn't make any difference because nobody i don't think any republicans would vote
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for kamala harris because you picked a jewish vice president so that's probably zero impact
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on the republican side and i don't think the republicans would necessarily
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well i just don't think the republicans will vote differently because of this in any way but
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we all are asking the question hey aren't there a lot of uh progressives over in the democrat party
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who are not so pro-israel at the moment maybe a little bit more pro-palestinian maybe michigan maybe
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the squad and the answer is yeah that's probably going to be an issue um but it depends how he talks
00:28:47.260
about the situation too you know i think what he says today will be more important than whatever he
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said in the past um and and let me say this i think it's important to know what the candidates
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thought in the past you know it's important i think to know that trump was once a democrat
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i think that's important i think it's important to know if uh kamala harris used to have far more
00:29:12.780
left-leaning opinions but maybe she's been talked into something more centrist to get elected
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i think we need to know about the past but i firmly believe that if you can defend why you changed your
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mind we should allow that i like people who can change their minds right that's not a negative it
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used to be i remember a democrat or the uh who was it i think mostly the republicans would complain about
00:29:43.740
the other candidate flip-flopping do you remember that used to be the thing you're a flip-flopper
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and i used to say you mean somebody updated their thinking with new information
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why are we mad at that i want the person who can update their thinking with new information
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and we've seen it happen i want to know i've seen it i don't want somebody to go into office and say
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i have the same opinions i had when i was 20. that would scare the shit out of me i need somebody who
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is mentally flexible and capable of changing their opinion so i think it's important to know that kamala
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had some instincts that were left-leaning and she might bring that into the office but if she could
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defend her new opinions then i would feel differently about it for example if somebody said well i used to
00:30:37.340
think universal health care like one single payer was the only way to go but now i think it would be
00:30:44.700
impractical because the country really wants private health insurance too and there's no way you could get
00:30:51.100
there anyway so now i think i'll just you know want to lower prices for health care so you could you
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could imagine her explaining it in a way where you'd say oh well if you can make the argument
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that suggests that you understand the argument for that new opinion so look look for ability to
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defend the current opinion that would be far more important all right so
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we're going to be talking almost non-stop about anti-semitism just because shapiro's in the race
00:31:27.420
we'll see how that goes but again most people don't vote for anybody who's the vice president anyway
00:31:33.020
so he's in favor of a two-country solution in israel he thinks netanyahu is the worst leader ever
00:31:46.300
now i think uh there's going to be a lot of talk about his what the critics will say some kind of
00:31:53.100
split loyalty which i don't see in evidence but that'll be part of the story people will suspect he's got
00:32:01.660
split allegiance and again there's no evidence of that um it's not illegal to visit another country
00:32:09.260
and have an experience all right so let's talk about how clean the elections will be coming up
00:32:18.700
so as you're all aware in 2020 there were a great number of people who questioned the
00:32:26.460
election whether it was fair but we've had four years since then so thank god all the problems have
00:32:32.940
been fixed what what nothing's different well let's do a little rundown of what we know about the coming
00:32:42.780
election number one attorney generals from virginia and missouri and wyoming are going to look into act
00:32:50.220
blue that's a big fundraising entity for the democrats that uh according to omg and o'keefe james o'keefe
00:32:58.540
and his investigation according to them they've been laundering large donations from god knows where
00:33:04.620
maybe a foreign country we don't even know um through the the names of elderly who don't know their
00:33:13.020
names are being used because you can't give big dollar amounts you know there's limits but you can say
00:33:19.580
oh a million people donated a little bit each but they're fake fake uh donors they're real people
00:33:27.420
they're just elderly people who are never going to check and nobody will ever know that they didn't really
00:33:32.540
donate so the evidence seems pretty strong that something sketchy is going there so one of the
00:33:39.900
biggest sources of money for the democrats might be fake but hey that's just you know one element of
00:33:49.740
an election is the funding so just because the funding might be fake that doesn't mean anything else is fake
00:33:56.860
people i don't want you at all crazy about doubting things just because the funding for the democrats is
00:34:04.460
probably fraudulent and we do expect that some of the largest donors are also blackmailed
00:34:11.980
so i wouldn't believe anything about the funding sources uh but hey that's just one part of an election
00:34:20.300
i mean it does affect it so it does seem that crime would be already affecting the outcome but
00:34:28.220
remember there are lots more elements to an election so it's not all about the funding
00:34:34.540
uh there's also the media see msnbc says uh it's a life or death choice um if you pick trump
00:34:44.380
so somebody named uh tara setmeyer said on msnbc and i quote women voters are looking at this election
00:34:51.100
as a life or death choice the binary choice is democracy or trump and for women it's our lives or trump
00:34:59.980
okay so all right so the media is totally fixed and they're just going to give you scary stories
00:35:08.220
about trump that are all just made up but people i want you to relax a little bit because i know
00:35:15.900
you're thinking oh wait so the funding is totally illegitimate and the media which is the only source
00:35:23.500
of news for the democrats is also completely fake propaganda well that's true that seems to be true
00:35:31.580
but people don't lose hope because the money in politics and the media are just two variables that's
00:35:40.940
just two variables there's a lot more that goes into voting than just the money and the media okay
00:35:47.660
it might be 60 of it but there's still there's still more Ontario the wait is over the gold standard of
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network they had election fraud researcher and former California lawmaker Steve Baldwin he's been
00:37:02.380
looking into the Georgia voter rolls this these are the people who are registered to vote in Georgia
00:37:09.660
here's some things he claims to have found 179 000 voters with incomplete addresses that would be like
00:37:17.100
missing apartment unit or suite numbers which be a little suspicious but hey that's just
00:37:23.740
you know one variable uh also 115 000 voters used invalid mailing address oh 114 000 that's like way more
00:37:36.700
than the number of people that determined the election in that state huh and then there are 79 000 people who
00:37:46.060
somehow managed to register on a federal holiday and the question would be how'd you do that
00:37:55.340
i don't know maybe there's some kind of time delay on that or something
00:38:00.380
and uh 69 000 voters permanently moved on a state but still remain on the rolls uh really okay well
00:38:11.820
i don't have verification that all of these things are true they're just a whole bunch of claims that
00:38:16.700
the voter rolls are so polluted that it would be somewhat trivially easy for a bad actor to be
00:38:23.820
collecting all these ballots and getting people to vote who should not be voting and of course they would
00:38:29.660
never be caught because it wouldn't be one big scandal it would just be a bunch of individual voters
00:38:35.660
who yeah maybe they shouldn't have voted but it's not like one big problem it's just a whole bunch of
00:38:40.940
individual little things you know you could ignore the little things can't you all right so we don't have
00:38:57.100
but at least we have law enforcement to make sure that everything's running fine all right here's a
00:39:03.180
new story do you know cisa c-i-s-a or is it cisa cisa and the fbi uh they've got a warning on election
00:39:13.020
data whoa listen to this apparently they have some information that suggests something's coming
00:39:18.860
they say uh they they did a public service announcement how how useful this is to where
00:39:26.060
to raise awareness there might be a denial of service attack on election infrastructure
00:39:30.540
oh that sounds bad that could hinder access to election information
00:39:36.140
well that sounds bad hackers could hinder our access to election information
00:39:42.860
oh but it's okay it's okay they say it would not impact the security or integrity of the election
00:39:48.380
process oh so the voting would be fine the only problem would be if you tried to find out how
00:39:55.340
people voted after the fact you know sort of like auditing or something like that
00:40:04.140
huh so it's looking exactly like they're they're warning us that they're not going to let us audit the
00:40:12.780
election that's what i see and they're going to blame it on a hacker
00:40:17.660
hmm so all right so maybe the fbi and cisa are actually malign actors because they apparently are
00:40:29.900
preparing to lie to us later and sure the election voter rolls are completely polluted which would suggest
00:40:40.460
it would be easy to rig and yes the media is completely a propaganda outfit and certainly the funding is
00:40:51.020
some kind of money laundering operation show but anyway those are just a few things
00:40:59.340
just those just a few things but there are lots of other elements to election for example
00:41:04.140
uh back in 2019 then senator harris according to fox news um talked about the sizable contributions in swing states
00:41:20.380
oh so she admitted in 2019 that the plan was to bring in illegal immigrants to change the voting in the swing
00:41:29.100
states okay so we have illegal immigration to change the swing straight votes we've got the fbi saying
00:41:38.940
there's going to be some kind of fake attack that will allow us not to audit the elections the voter rolls seem
00:41:48.060
to be rigged in georgia and the funding is fake and the media is full of propaganda
00:41:54.860
now that's what i call democracy people yeah and you know what you don't want
00:42:04.380
you don't want trump to come in here and steal your democracy am i right
00:42:10.460
i mean look how good things are set up everything looks perfectly good to me
00:42:16.220
the only thing that could go wrong with this magnificent system we have
00:42:20.700
is if somebody like trump comes in and steals your democracy
00:42:27.260
and by the way the democrats are very clear about how he's going to do it
00:42:33.180
you know that right they're very clear about how trump will steal your democracy
00:42:39.740
should i tell you what you don't know it's a very clear plan
00:42:44.140
he's uh change the subject no there is no plan to steal your democracy
00:42:57.820
well at least the one thing we can count on is that the people who are protecting our candidates
00:43:05.020
are doing their very best and you're getting a really good safe secret service situation
00:43:14.540
according to breitbart news there was a rasmussen poll that said 41 of voters believe
00:43:19.820
federal officials were involved in the trump assassination attempt okay so the credibility
00:43:27.660
of our government is so low that 41 of the public thinks the government tried to murder trump
00:43:40.140
but don't worry there are only a few things that look like they're a little sketchy
00:43:46.060
the voter rolls the propaganda from the media the fake funding the fbi warning us that they're going
00:43:52.060
to hide the audit information the fact that they're bringing in people specifically and directly to alter the
00:44:00.060
swing state populations and the fact that 41 percent believe that the government literally tried to
00:44:10.780
you know what's looking like a beacon of democracy today
00:44:23.500
now i don't suspect that the venezuela vote was real but did they have this many problems
00:44:32.540
i'm not sure they did did anybody try to murder one of their candidates i don't recall that
00:44:39.020
well if you put it all together my current prediction is that we won't have an election this year we will
00:44:48.220
have people voting there will be an election day and people will vote and votes will be counted
00:44:55.580
when it's done whichever side lost will say that was no election that was a sham and the results must be
00:45:02.460
thrown out uh and here's my fake slate of electors and everything else i don't think our current system
00:45:11.180
gives us any chance of an election result that the country accepts would you disagree with that our
00:45:19.900
current setup is so sketchy and so really non-credible the whole system is has no credibility at all
00:45:28.620
that if your side loses you're gonna think it was cheating and you'll be right i think you'd be right
00:45:38.460
and by the way that probably works both ways you know if somehow the republicans have figured out
00:45:43.500
some clever but legal way to game the system what do you think democrats are going to say they're going
00:45:51.260
to say they're going to say that hitler just took over and they're going to boot do everything they can
00:45:57.260
to take trump out of office they're going to impeach a monday one if they can if they have the votes
00:46:03.740
and they're going to be marching in the streets and the cities will burn the cities are going to burn
00:46:09.500
if trump wins i mean i think that's guaranteed and not because of trump because the bad guys want power
00:46:16.460
so they're going to make it look like the citizens can't live with this president and it won't be real
00:46:21.980
it'll be fake like blm and antifa it'll just be funded by the usual people and then of course
00:46:28.300
there'll be another charlottesville march right away and everybody will be fooled again into thinking that
00:46:33.900
that was organic it wasn't whatever it was it definitely wasn't organic
00:46:42.140
anyway um so trump has agreed to debate kamala harris on september 4th
00:46:50.620
i do think that harris has a reasonably good chance of doing well in the debate
00:46:56.620
and the only reason i say it is that there's no back and forth so she will be asked the question
00:47:02.460
and then trump's microphone will be muted i suppose and then she will just read from her little or
00:47:09.100
she'll have a memorized answer to every topic and then she'll just do her memorized answer and you'll
00:47:13.980
say oh that sounded pretty good that was coherent it'll just be memorized and then they'll go to trump
00:47:19.980
and he'll make some terrible accusation and then she won't necessarily respond to it directly
00:47:26.860
she will also um she'll just say what she says about the topic and then when it's done the media
00:47:33.660
will say my god that was a masterful you know i don't know why people said she's not good at this
00:47:39.260
she's the greatest debater she got it she had her prosecutor hat on and the media will say that she
00:47:45.020
won in the landslide even if she didn't so i think her odds are doing well they're pretty high
00:47:53.260
but there's also a good chance that she gets derailed by something that happens and you know can't answer
00:47:59.020
a question so we still want to see her sit down for a real interview with a real reporter i don't think
00:48:07.420
it's going to happen i think she's going to get the george stefanopoulos treatment
00:48:12.140
where she probably knows the questions i i don't know that that's true but so you kind of suspect
00:48:19.580
she might know the questions and so she just goes into a friendly interview with the answers prepared
00:48:24.780
and they just come right out by the way did you hear hear her uh her phone call with her supporters
00:48:33.420
where she was talking about i guess receiving enough support to be the nominee
00:48:37.580
and she does this phone call and she reads it can you believe that she did a phone call
00:48:46.060
where she read a speech she read a speech into a phone call now some of it of course you would expect
00:48:53.580
to be you know prepared but wouldn't you expect a whole bunch of extemporaneous comments and then
00:49:00.700
maybe she'd say on i just want to read this little statement so we're all clear apparently she couldn't do that
00:49:07.580
do you think trump would have just read a statement not a chance he would have talked for 10 minutes
00:49:15.100
and then he would say if he had time left oh let me read this statement completely different level of
00:49:21.020
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um so the hill says that trump risks losing more black voters with this harris identity attacks you know the
00:50:05.900
question about whether she's black or is she indian american or both and i think this is propaganda
00:50:12.780
from the hill trump risks losing more black voters here's what i wonder do you think that the black
00:50:22.060
men and the black women feel the same about this because i'll bet not and and i think that by hiding the
00:50:30.380
fact that the black men and the black women may be diverging in terms of trump support i think they're
00:50:37.740
hiding that i think they're hiding the ball because the big story is men versus women and the media they
00:50:45.020
don't want to say it directly because they're going to lose all their men in the democrat party at least
00:50:50.140
the ones that still have some testosterone anyway um so elon musk revealed on his lex friedman interview
00:51:02.380
that he talked to trump about creating a government efficiency commission to make the government
00:51:08.060
efficient and that he would actually be interested in being on it now that doesn't mean it'll happen
00:51:13.180
but it's a hell of an idea do you know who did that first a government commission on making the
00:51:20.780
government more efficient al gore so when al gore was vice president his job was to essentially automate
00:51:31.420
the government and make it so that you could just go online and get your your work done and over time
00:51:38.940
we've seen that the federal government has moved a lot of stuff online it is more efficient in that
00:51:44.140
way anyway but a lot of work to do on that so that would be fun um so open ai who makes chat gpt says
00:51:57.180
the government's going to see their new version chat gpt5 before anyone else hold that in your mind
00:52:05.740
so open ai has an association or arrangement with the government where their new version and this one is
00:52:14.380
rumored to be super smart compared to the current one um that the government has to see it first
00:52:21.500
why do you suppose that is do you there is let me say it again
00:52:27.100
no government can survive an honest news environment that's why there are no honest
00:52:37.260
news environments the no government democratic no government dictator none if if the if the news
00:52:46.860
started telling the truth it'd be hard to stay in power uh hard to win an election so you really need
00:52:54.540
at least some part of the news to be completely you know illegitimate otherwise you can't stand power
00:53:02.700
so when you see that the ai which will be in the future will be our only source of information
00:53:09.740
everything you know in the future will be talking to ai you're not going to google search for stuff
00:53:14.300
if ai can just do it for you so i think the government needs to control ai's answers
00:53:24.700
and it needs to make sure the ai will brainwash you the way you have been brainwashed so far
00:53:30.540
and they got to make sure that it doesn't tell you the truth because no government can can handle the
00:53:35.660
truth in the truth in the long run so i think this is exactly what it looks like it's the government
00:53:41.820
forcing open ai to add lies to their algorithm otherwise they won't be allowed to operate
00:53:50.620
i don't know it can't really go any other way by the way so if you're thinking to yourself well
00:53:54.620
that's too far scott it can't actually go any other way the government cannot survive guarantee
00:54:02.540
they can't survive if ai is just honest and tells the truth that that's the reason that all of your
00:54:08.460
searches are so obviously you know brainwashing propaganda government can't survive with the truth
00:54:19.740
um warren buffett's berkshire hathaway apparently is sold a bunch of its apple
00:54:25.580
stuff in the second quarter now i also sold much of my apple stake in the second quarter i don't know
00:54:33.340
if their reason is the same as mine but to me apple went from kind of a monopoly that nobody could touch
00:54:41.740
to something closer to a jump ball because of ai so apple still is not nailing their ai strategy they
00:54:50.540
might i mean if you had to bet i'd be more likely to bet they do than don't but at the moment
00:54:58.300
um they look weak and i would guess that some upstart could come up with a phone that uses ai as its
00:55:07.420
you know base mechanism and just put them in a business so i i don't give stock advice so i'm not
00:55:15.660
telling you to sell your apple if i had held mine i would have made a lot more money because it's much
00:55:22.460
higher than when i sold it so if you take my advice on individual companies to to invest in you will be
00:55:30.940
taking bad advice i guarantee you i'm bad at this i want everybody to hear that just in case you think
00:55:38.540
i'm secretly giving you advice i'm not because i'm bad at it everybody's bad at individual companies
00:55:48.380
all right wall street journal had a big article on robbie starbuck and how he's been successful in
00:55:55.660
getting john deere to scrap its dei program or at least de-emphasize it and uh i guess he's going to
00:56:02.540
go after some other companies and what i find important about the story is not just the john
00:56:07.980
deere part but what i find important is that the counter force to dei is now legitimate enough
00:56:15.740
that they can do it in public and the wall street general can write a what i think is a complementary
00:56:23.340
feature piece so just imagine that somebody is public as an anti-dei person and the news
00:56:32.460
is treating you as notable positive influence in the world so that's pretty important so that's
00:56:41.740
good and that ladies and gentlemen is all that's happening today
00:56:47.740
i'm expecting some more big news to come over the weekend maybe iran maybe something else
00:56:52.700
um yeah right now as soon as uh your apple can directly access both your apple and your amazon
00:57:05.260
digital devices they don't access ai which is just crazy i mean it already seems just
00:57:13.420
hard to understand really but apparently amazon will you'll be able to talk to it with ai which will
00:57:20.140
be life-changing for me because all day long i talk to my digital devices i'm always asking them
00:57:26.140
about the the weather in the stock market and read the local news and uh but you know it gets so many
00:57:33.020
things wrong that it's paying the ass so as soon as it can actually have a conversation with me
00:57:38.060
the uh kyle rittenhouse controversy no interest at all i will note that there's a kyle rittenhouse
00:57:57.660
controversy at one point he said he wasn't going to support trump some people saying he changed his
00:58:04.620
mind something about the second amendment he's one young guy it doesn't matter a bit who who he's in
00:58:13.100
favor of nobody's taking what is he in his early 20s nobody's taking the the advice or the guidance or
00:58:22.140
the word of somebody who's in his early 20s that's just his opinion why do we care
00:58:28.300
so i think we should care less uh we should insult him less we should compliment him less we should
00:58:36.620
just care less his opinion is not better than yours it's not more important than yours
00:58:43.580
so he's just a person with an opinion no interest at all
00:58:49.100
now here's another thing i'm watching which is the number of presidential polls that leave out the third
00:58:54.940
parties why do we ever have a poll that leaves out rfk jr how does that make sense well how does it
00:59:04.140
make sense to leave out the third party because you know they're going to be there right that i don't
00:59:09.660
think there's any chance that rfk jr won't be on the on the at least on the ballot in a lot of places if
00:59:18.380
not all of them all right so it's a yeah so i think you're going to see rigged polls rigged funding
00:59:28.140
rigged media rigged voter polls rigged uh immigration resettlement and maybe a rigged auditing process after
00:59:38.460
the fact you know what you still haven't seen you've still never seen an expert come on any show to
00:59:45.900
explain uh the holes in the system if there are any i would love to see lex friedman or
00:59:54.860
uh joe rogan or jordan peterson maybe uh ben shapiro or somebody so somebody who really knows that ask
01:00:05.580
some questions you know not just your average talking head they're not good enough you need somebody
01:00:10.700
extra smart so you need a lex or you need a you know you need somebody smart and here are the type
01:00:18.780
of questions you should ask if somebody filled down a ballot and they were not a citizen they milled it
01:00:25.340
in how would you catch it how how carefully do you check the signatures what percentage of people who have
01:00:33.660
the wrong address are people who you should let vote because they just wrote down the address wrong
01:00:40.060
you wouldn't want to deny them versus it's an obvious signal that these are not real people when
01:00:45.820
the address is wrong how do you how do you do that if somebody wanted to run the same ballots through the
01:00:53.340
system twice how would you catch it so in other words you should have a whole bunch of questions that are
01:01:00.380
loosely based on things that people have been allegedly caught for cheating in the past so
01:01:06.700
you wouldn't have to make something up you could just say all right suppose a state actor uh hacked
01:01:13.100
the machines how would you catch them and then you'd hear something like oh you know we'd easily catch
01:01:20.380
that and i'd say no no a state actor you don't think a state actor could get in there and change some
01:01:26.300
results and get out without getting caught a state actor like the the best hackers from you know a major
01:01:34.780
industrialized country it can't be that hard the hackers are into every other system
01:01:46.140
uh uh the the all caps people scott is dead effing wrong again
01:01:51.420
do you notice that the people who are the most angry will never say what it is that i got wrong
01:02:00.300
it's fairly consistent your anger seems to be about me and not any of my opinions how do i know
01:02:07.820
because you would say what it was i got wrong if that were real but now you're just here to yell
01:02:15.660
in all caps we've got everything wrong he needs to study up on this topic
01:02:22.940
but it must it must be nice to be drunk and pathetic at this time of the day
01:02:31.660
how many of you are uh drunk already i think the all caps people are just always drunk
01:02:38.220
do you do you think anybody writes an all caps message unless they're drunk
01:02:49.100
all right the anti-semitism is broiling in the comments just broiling today
01:02:58.460
you realize that the the shapiro nomination could be a trap and the trap could be to get all the anti-semitic
01:03:08.140
uh people on the right to complain about him being jewish
01:03:14.220
that would be one way for the democrats to win to trick the the conservatives into
01:03:21.740
saying he can't be a good vice president because he visited israel that time that would be a good way
01:03:27.980
to give away the election and it looks like you're all going to fall for that trap not all of you but
01:03:32.700
probably you know some huge percentage of conservatives is going to fall right into that trap
01:03:39.660
all right that's all i got for you today i'm going to try to talk to the locals people privately
01:03:45.580
but thanks for joining on x and youtube and rumble and if this works i will be going private