Real Coffee with Scott Adams - Episode 2777 CWSA 03⧸13⧸25

00:00:00.000 It's called Coffee with Scott Adams, and you've never had a better time.

00:00:03.540 But if you'd like to take this experience up to levels

00:00:06.760 that nobody can even understand with their tiny, shiny human brains,

00:00:11.840 all you need for that is a cup or mug or a glass of tank or chalice,

00:00:15.380 a stein, a canteen jug, a flask, a vessel of any kind.

00:00:18.580 Fill it with your favorite liquid.

00:00:20.420 I like coffee.

00:00:21.420 And join me now for the unparalleled pleasure.

00:00:23.980 The dopamine of the day makes everything better.

00:00:26.880 It's called The Simultaneous Sip, and it happens right now.

00:00:30.560 Go.

00:00:38.800 So good.

00:00:40.640 So good.

00:00:42.240 Well, there's nothing that makes me happier than watching President Trump mock Rosie O'Donnell.

00:00:49.920 So yesterday, by coincidence, after Rosie O'Donnell announced that she's moving to Ireland,

00:00:55.980 the Prime Minister of Ireland was in the White House.

00:01:01.840 And the President's talking to the Prime Minister, and Trump says, quote,

00:01:07.260 Ireland is known for very happy, fun-loving people.

00:01:10.580 Why in the world would you let Rosie O'Donnell move to Ireland?

00:01:16.480 Why would you let her move?

00:01:18.760 She's going to ruin the whole country.

00:01:20.600 Well, I've got one data point that's not scientific, but according to Matt Van Swal,

00:01:32.780 he was just talking to, I guess yesterday, he was talking to a sales rep for Tesla,

00:01:38.620 and the sales rep said, it's one of the busiest days they've ever had for sales.

00:01:44.120 So after Trump bought his Tesla, a lot of people apparently followed suit.

00:01:51.180 So Tesla had one of his best days ever.

00:01:55.040 I have a feeling that's going to continue for a little while.

00:01:58.960 So we'll see.

00:01:59.920 You know, one of the biggest changes for Tesla is it did seem like it was a little bit of a climate change lover kind of a car.

00:02:12.700 So I think Republicans were a little bit, you know, I'll take my gas-powered truck.

00:02:17.900 Thank you.

00:02:18.780 I don't need your electric cars.

00:02:20.980 But now that it's so clearly a political thing, a whole bunch of Trump lovers are saying, oh, yeah, it's a great car.

00:02:30.940 Are you kidding me?

00:02:31.580 Everybody wants one.

00:02:33.120 So if you add the Democrats who just like a good car to the Republicans who might buy one partly for political reasons,

00:02:44.320 it could actually end up being good for Tesla.

00:02:47.160 Net.

00:02:48.060 Maybe.

00:02:48.960 We'll see.

00:02:49.660 Could go either way.

00:02:50.980 Well, Mike Johnson, House Speaker Mike Johnson, he says that Congress is going to investigate, quote,

00:02:58.700 the domestic terrorism against the Tesla dealerships and charging stations because there's been vandalism,

00:03:05.980 destruction and set fires and all that stuff.

00:03:10.060 And, yeah, domestic terrorism.

00:03:13.260 That's exactly right.

00:03:14.640 At what point does the domestic terrorism, though, become a RICO?

00:03:18.120 Does there have to be, like, do you have to steal something to make it RICO?

00:03:25.080 But if you have a large, organized, well-funded group whose job it is to destroy these Tesla places,

00:03:34.240 even if they don't have directions to, say, set it on fire or vandalize it, they know what's happening.

00:03:42.520 So if the organizers know that their actions will cause vandalism at various places,

00:03:49.560 at what point does it become RICO?

00:03:52.580 If we can, you know, we have visibility to the entire funding apparatus and everything else.

00:03:58.700 Anyway, so Elon Musk is trying again to get the courts to agree to his $56 billion Tesla pay package

00:04:08.820 that was disapproved by a lower court.

00:04:12.320 And the thing that occurred to me today is if he gets a $56 billion payday, do you know how much taxes that means?

00:04:24.440 So, you know, I don't know his whole tax situation, but it could be 37% of that goes to federal taxes.

00:04:32.920 It would be one of the greatest gains for the government in terms of paying down the debt.

00:04:41.680 Almost nothing would be more, you know, immediately impactful than just paying Elon Musk the amount that he's owed.

00:04:51.020 And then he's going to pay billions of dollars in taxes, I think.

00:04:53.960 Speaking of Elon, I guess yesterday they tried to launch the rocket to go get the astronauts

00:05:02.680 that are stranded on the International Space Station, but they had a little technical problem.

00:05:07.720 It looks like they might try again on Friday morning.

00:05:12.620 And I'm wondering, will Democrats come out in favor of leaving them stranded?

00:05:18.960 Now, that sounds like a joke, right?

00:05:20.480 Oh, the Democrats disagree with everything, no matter how logical it is.

00:05:25.720 So maybe they'll be opposed to Elon Musk saving the lives and rescuing the astronauts.

00:05:33.660 But Biden actually was opposed.

00:05:38.020 That's a real thing.

00:05:41.060 And one imagines that Biden wasn't the only one.

00:05:44.860 He just didn't want Elon Musk to get a win.

00:05:47.300 So he left his astronauts up there.

00:05:51.280 Do you think those astronauts are Democrats or Republicans when they come back?

00:05:57.040 I've got a feeling that they left the Earth as Democrats, but they're coming back as hardcore Republicans.

00:06:04.960 Let me tell you my rule.

00:06:06.520 If I ever get stranded in an International Space Station and the party that I belong to decides they don't want to come get me,

00:06:16.740 and the other party says, I'll do it, and they send up a rocket and they save me,

00:06:22.320 I'm switching parties right away.

00:06:25.100 It's like, okay, okay, you got my vote.

00:06:27.500 Got my vote.

00:06:28.140 Anyway, I'd like to give you a tariff update.

00:06:33.360 You know, a lot of stuff's happening in tariffs.

00:06:35.880 And the tariff update goes like this.

00:06:38.360 There's some countries have some tariffs against us.

00:06:40.760 Trump put some tariffs on them, but then they put some tariffs on us.

00:06:43.780 Then they negotiated some of it.

00:06:45.600 Some of the tariffs went away, but then we tariffed them.

00:06:47.740 And then they tariffed us.

00:06:48.680 Then we went up 200%.

00:06:49.880 Then they went up 50%.

00:06:51.040 And then there was a tariff.

00:06:52.640 And then there was not a tariff.

00:06:54.180 And then there was a tariff.

00:06:55.260 It's almost a waste of time to give you any update on tariffs

00:07:02.340 because it's changing so quickly.

00:07:04.360 And, you know, it's sort of a negotiation.

00:07:06.640 So I guess we're not going to be able to cheaply get alcohol from Europe.

00:07:15.120 How much does that affect you?

00:07:17.800 If I said to you, damn it, no more French wine and champagne.

00:07:22.340 You're going to have to drink that California stuff.

00:07:27.140 Do you think you could live with that?

00:07:29.960 I don't know if you're aware of this, but California makes really good wine.

00:07:34.340 I'm not in favor of alcohol, by the way, but, you know, it's a free country.

00:07:39.640 So I'm kind of wondering,

00:07:42.300 at what point do the tariffs start costing me money

00:07:46.600 in any category that I care about?

00:07:50.300 Like, how long does it take before that, you know,

00:07:53.880 works its way through the economy?

00:07:57.020 I don't know.

00:07:58.520 It seems like they keep tariffing things

00:08:00.900 that don't immediately affect me.

00:08:04.420 Because even if they do things that affect the price of cars,

00:08:08.420 if I were to buy a car this month, it's already built.

00:08:14.200 So I'd have to wait several months

00:08:17.260 before the cost of a car went up?

00:08:21.320 I don't know.

00:08:23.160 So we'll see.

00:08:25.200 But according to The Hill,

00:08:28.660 the CEO of Goldman Sachs said this about tariffs.

00:08:33.380 This is David Solomon.

00:08:34.560 He said that the business community, quote,

00:08:37.880 understands what Trump is trying to do

00:08:40.320 with levies on various goods, meaning tariffs.

00:08:44.040 He says that Trump is more engaged with the business community

00:08:46.980 than his White House predecessor, Biden.

00:08:50.240 Now, that's a kind of a big deal

00:08:51.800 to get the head of Goldman Sachs

00:08:54.500 to not say anything negative about tariffs.

00:08:58.260 That's a big deal.

00:08:59.520 Because it would be so easy to say,

00:09:01.300 well, you know, it's causing some chaos

00:09:05.480 or, you know, there's uncertainty in the markets.

00:09:08.520 It'd be so easy

00:09:09.440 to come up with something negative to say.

00:09:12.640 But when Goldman Sachs decides to say,

00:09:15.700 yeah, the business community understands

00:09:17.440 why he's doing it,

00:09:18.740 that's a really big statement.

00:09:20.880 So I think this is telling us something.

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00:09:37.420 Scotiabank.

00:09:38.080 You're richer than you think.

00:09:40.740 Meanwhile, inflation was down, as you know.

00:09:44.120 And you probably noticed,

00:09:47.080 if you're on X,

00:09:48.660 that once again,

00:09:49.880 the Democrats were doing

00:09:51.920 the identical messages.

00:09:54.060 Have you seen that?

00:09:54.760 So they're doing identical messages about,

00:09:59.040 well, actually identical.

00:10:00.400 They were copy-paste.

00:10:01.780 I think there were 50 different Democrats

00:10:03.840 who had the same message.

00:10:05.460 I don't even know what it was.

00:10:06.420 It was boring.

00:10:07.520 But then somebody said,

00:10:08.860 oh, yeah, oh, yeah.

00:10:10.460 Well, Republicans do that too.

00:10:12.800 And it showed a whole bunch of messages

00:10:14.340 from people who noted

00:10:16.140 that egg prices were down,

00:10:18.740 gas prices were down,

00:10:20.100 and inflation and mortgage rates were down.

00:10:24.300 And so the Democrat who found all those

00:10:27.600 was saying,

00:10:28.420 yeah, see, you guys do the same thing,

00:10:30.480 except none of them were cut and paste.

00:10:33.860 Every one of them was written individually.

00:10:36.320 And it was a headline that day.

00:10:38.680 All they were doing is talking about

00:10:40.380 the good news that was in the headlines,

00:10:42.240 which is what we all do.

00:10:44.660 So if there's good economic news

00:10:47.280 and it favors your team,

00:10:49.840 of course you're going to tweet about it

00:10:51.500 or post about it.

00:10:54.060 But here's what I think about

00:10:55.840 the inflation looking good.

00:10:59.020 And I guess jobs are kind of pretty close to

00:11:02.360 in line to what we expected, jobless claims.

00:11:05.340 It basically gives Trump a month of breathing room

00:11:09.300 because until and if things start turning the other way,

00:11:14.660 people are going to say,

00:11:16.480 oh, well, it looks like that tariff stuff

00:11:19.700 didn't really change anything.

00:11:22.160 At least it didn't make anything more expensive.

00:11:24.760 So the best news is not just that

00:11:27.680 the interest rates are down

00:11:29.740 and eggs and gas are less expensive.

00:11:33.660 The good news is he gives Trump

00:11:36.120 another 30 days of operating space.

00:11:40.220 And if he gets two in a row,

00:11:41.860 I wouldn't predict that,

00:11:44.140 but it's possible.

00:11:45.120 If he gets two months in a row

00:11:46.800 where things look down in terms of prices,

00:11:50.580 he's going to have a lot of wiggle room.

00:11:53.180 You know, after two months of threatening

00:11:55.200 every kind of tariff in the world,

00:11:57.940 if prices go down,

00:12:00.420 and they could,

00:12:02.000 because a lot of it is based on expectations

00:12:04.620 for the future economy.

00:12:07.500 So if the economy looks like it's a little soft,

00:12:11.900 prices can go down.

00:12:14.040 I don't know if that's directly what's affecting it.

00:12:16.360 I suspect that with gas and with eggs

00:12:19.600 has more to do with,

00:12:21.200 I don't know,

00:12:22.320 just something specific to those domains.

00:12:25.620 So I was watching Bernie Sanders do some event.

00:12:28.640 He's going around talking to big groups.

00:12:30.820 He gave an interview.

00:12:31.440 And this is what Bernie Sanders says

00:12:36.960 about the Trump administration.

00:12:39.940 He says it's the scariest time in his life.

00:12:43.560 And I thought,

00:12:44.440 really?

00:12:45.600 This is the scariest time in your life?

00:12:49.200 Why?

00:12:50.720 And he said,

00:12:52.140 blah, blah, blah, oligarchs.

00:12:53.860 So the Democrats are trying to find this way

00:13:00.360 to bond with their base,

00:13:03.760 really talk like the regular person.

00:13:06.500 Do you know any regular person

00:13:08.580 who complains about oligarchs?

00:13:11.560 Have you ever heard that?

00:13:12.700 I've never heard that once.

00:13:14.360 I've never heard just an ordinary voter

00:13:16.900 say something like,

00:13:18.980 ah, you know,

00:13:20.240 there are a few things I like about the world,

00:13:21.880 but, man, it's a scary time

00:13:24.100 because of the oligarchs.

00:13:27.380 I would go so far as to say

00:13:29.280 that 70% of the entire Democrat base

00:13:32.760 thinks that oligarch

00:13:34.700 is one of the chemicals

00:13:36.480 that RFK Jr. is trying to remove from food.

00:13:40.700 It's the weakest, dumbest,

00:13:43.880 completely disconnected

00:13:45.060 from any kind of reality thing.

00:13:47.920 It's the scariest time in his life.

00:13:50.120 Blah, blah, blah, oligarchs.

00:13:51.880 Bernie's lost it.

00:13:55.740 He's completely lost it.

00:13:58.660 Have you seen the compilation clips

00:14:01.280 on X or other places

00:14:02.940 where it shows the prominent Democrats

00:14:06.100 literally saying,

00:14:07.760 we've got to get rid of the waste fraud

00:14:11.180 and abuse in our big social programs?

00:14:14.280 And they're very careful to say,

00:14:16.160 no, no, we're not talking about cutting benefits.

00:14:19.160 We're only talking about getting rid of the waste fraud

00:14:21.900 and, you know, corruption and abuse.

00:14:24.400 And it's literally exactly what Doge is saying,

00:14:28.260 exactly what Trump is saying.

00:14:30.460 And it couldn't be more obvious

00:14:33.440 that the Democrats are a performative group.

00:14:38.100 And have you noticed that people started to use those words?

00:14:42.540 That they're kind of theater kids

00:14:44.680 and they're performing?

00:14:47.020 Because they showed the same amount of enthusiasm

00:14:52.880 for cutting waste, fraud, and abuse

00:14:55.240 as they do now for criticizing Musk

00:14:59.080 for cutting the waste, fraud, and abuse.

00:15:01.940 Now they have to throw in that,

00:15:03.940 oh, you should use a scalpel

00:15:06.160 and not a chainsaw.

00:15:08.140 Like, that's useful.

00:15:11.440 So they can pretend they have some reason.

00:15:14.640 But not really.

00:15:15.800 I don't think the Democrats have any core beliefs

00:15:18.380 at this point.

00:15:20.040 I think they just do what they think

00:15:22.160 they can perform best.

00:15:23.360 Yeah, I think I can sell this, you know, trans everything.

00:15:29.660 Let's try to sell that.

00:15:31.780 And then they'll act really hurt and worried and concerned.

00:15:35.740 And none of it's real.

00:15:37.420 It's just completely not real.

00:15:39.540 It's all performative.

00:15:42.100 And that's what happens when the 50 Democrats

00:15:46.100 all do the same message on X.

00:15:48.720 It's performative.

00:15:50.600 They're not even pretending it's their own opinions.

00:15:52.720 It's literally just the script

00:15:54.520 that they've been handed.

00:15:56.500 And they just print the script.

00:15:59.320 So there is such a big difference now

00:16:02.820 between the parties.

00:16:04.200 And it's not just on policy.

00:16:06.260 As far as I can tell,

00:16:08.400 and I would love to know if somebody

00:16:09.640 has a counterexample of this.

00:16:11.580 It might be.

00:16:13.080 But I swear it seems like Republicans

00:16:16.080 just do what Republicans always would do.

00:16:20.560 They want to cut your taxes.

00:16:22.140 They want to get rid of the regulations.

00:16:24.600 They want a smaller government.

00:16:26.080 They want to get rid of the Department of Education.

00:16:28.700 They want to move things to the states

00:16:30.220 and the federal government.

00:16:32.060 And those things seem like the things

00:16:33.820 they've always wanted.

00:16:35.280 And they always made sense from their perspective.

00:16:39.260 And they're still talking about it.

00:16:42.000 To me, that seems completely genuine.

00:16:44.980 Now, you could argue it's a good policy or a bad policy.

00:16:47.580 But you can't argue

00:16:48.960 that they really believe those things

00:16:51.560 and they're trying to pursue them.

00:16:55.340 Whereas the Democrats,

00:16:57.780 it's all like theater kids killing a president.

00:17:04.480 It's John Wilkes Booth times 100.

00:17:08.480 Because if you think about it,

00:17:11.300 a lot of the Democrat work

00:17:12.940 was just trying to take Trump out.

00:17:16.360 It's the same as John Wilkes Booth.

00:17:18.580 It's a theater guy.

00:17:20.080 He was literally an actor.

00:17:22.180 So it's literally just theater people

00:17:24.320 going after a president.

00:17:27.700 It's the damnedest thing.

00:17:29.120 To imagine that these parties

00:17:30.640 are somehow equivalent

00:17:31.900 and that it's just a difference

00:17:34.320 of which policies you like.

00:17:37.020 Nothing like that is happening.

00:17:39.080 There is one side that is purely acting.

00:17:42.540 And the moment they need to act the other way,

00:17:44.640 they will turn on a dime.

00:17:47.420 Republicans don't do that at all.

00:17:49.620 Republicans are pretty dug in

00:17:51.800 on what it means to be a Republican.

00:17:54.780 Anyway.

00:17:55.060 So DOGE has canceled

00:18:00.340 a National Institute of Health grant

00:18:03.720 that was trying to prevent pregnancy

00:18:07.340 in transgender boys.

00:18:11.060 Let me say that again.

00:18:13.860 DOGE canceled a grant

00:18:15.580 that was meant to prevent pregnancy

00:18:18.120 in transgender boys.

00:18:20.960 Now, you know how they always say

00:18:23.840 you've got to cut with a scalpel,

00:18:25.540 not a chainsaw.

00:18:28.800 There's going to be now

00:18:29.880 a wave of pregnant boys

00:18:31.880 that could have been prevented

00:18:35.300 if they just used a scalpel

00:18:38.060 instead of a chainsaw.

00:18:40.320 Yes, I'm being sarcastic.

00:18:43.580 I also wonder,

00:18:44.980 have you noticed the lack of complaining

00:18:46.920 that even though tons of things

00:18:50.360 are being caught,

00:18:51.680 tons of things are being cut,

00:18:53.840 the complaining is just

00:18:55.860 the professional actors,

00:18:58.340 the people who literally are,

00:19:00.680 you know, Democrat elected officials

00:19:03.480 who are just acting

00:19:05.500 or the people on the news

00:19:07.180 who are just acting.

00:19:08.540 But I don't see any real people

00:19:10.900 who are going to protest

00:19:13.740 because boys are going to have more babies,

00:19:17.260 trans boys.

00:19:17.860 So I feel like there's a whole lot

00:19:21.720 of giving up on the Democrat side

00:19:23.740 as in, yeah, you know,

00:19:26.960 we don't really want to fight about that.

00:19:29.480 Yeah, you can have that one.

00:19:31.160 Yeah, okay.

00:19:32.640 You can get rid of the fraud,

00:19:34.040 waste and abuse.

00:19:34.980 Sure.

00:19:36.980 Anyway.

00:19:37.420 Every block they stack,

00:19:40.540 every giggle they share,

00:19:41.820 it all happens in a safe space.

00:19:43.800 And behind that safety,

00:19:45.580 public health inspectors.

00:19:47.280 To learn more on how public health inspectors

00:19:49.460 support child care safety,

00:19:51.000 visit sci-fi.ca.

00:19:53.440 That's C-I-P-H-I dot C-A.

00:19:56.280 It also seems to me that

00:20:02.180 all the Democrat organizations

00:20:05.520 and all the grants,

00:20:07.340 they all seem criminal to me.

00:20:10.400 Just everything seems criminal.

00:20:12.860 We'll talk about ActBlue

00:20:14.060 and we've talked about USAID.

00:20:16.680 We've talked about, you know,

00:20:18.180 the tens of thousands of NGOs.

00:20:20.820 They all seem criminal.

00:20:24.220 And it's so consistent.

00:20:26.280 And it makes me wonder,

00:20:27.620 are there also equivalents like that

00:20:31.080 on the Republican side of the world?

00:20:33.700 And maybe I just don't hear about it.

00:20:35.780 Is everything corrupt?

00:20:37.540 You know, once it reaches a certain scale.

00:20:39.400 Or is just everything that Democrats do corrupt?

00:20:43.520 And I'm trying not to say it like a,

00:20:46.480 you know, like I'm just taking sides.

00:20:48.520 I'm just observing.

00:20:50.500 It seems to me that every single time

00:20:53.660 anybody digs into anything

00:20:56.160 Democrats are doing,

00:20:58.120 it looks corrupt.

00:20:59.500 Corrupt as hell.

00:21:01.440 So maybe it's 100%.

00:21:02.740 So Steve Bannon went on

00:21:05.560 Governor Newsom's podcast.

00:21:08.940 And here's something that Newsom said.

00:21:11.520 He said,

00:21:12.080 the grievance narrative

00:21:13.380 that comes from Trump,

00:21:15.460 this notion that he's a victim.

00:21:17.180 And Steve Bannon chimes in with,

00:21:20.520 they did try to put him in prison

00:21:22.240 for 300 years, right?

00:21:26.980 See, this is the downside

00:21:29.500 of Gavin Newsom having a podcast.

00:21:33.920 Because that is the right answer.

00:21:36.200 Yeah.

00:21:36.340 Why is Trump always acting like he's a victim?

00:21:40.300 You tried to put him in jail for nothing

00:21:42.660 for 300 years.

00:21:45.280 You may have thrown the election in 2020.

00:21:48.240 That's what Steve Bannon says.

00:21:50.300 And I love the fact that Steve Bannon

00:21:52.160 can just go on a major podcast

00:21:54.000 with a major Democrat

00:21:55.680 and just say,

00:21:57.160 we believe the 2020 election was rigged.

00:21:59.340 Now, I don't have proof of that.

00:22:03.920 But what are the odds

00:22:06.120 that every single thing

00:22:07.600 that we've looked into

00:22:08.560 is rigged and corrupt

00:22:10.980 except the election?

00:22:13.660 Everything else?

00:22:14.780 Just everything else?

00:22:15.940 But not the election?

00:22:18.460 I don't know.

00:22:18.740 It's kind of hard to believe

00:22:19.660 that it would be the one thing

00:22:20.720 that's not corrupt.

00:22:23.920 Anyway,

00:22:24.800 former Chicago mayor,

00:22:26.600 according to the Gateway Pundit,

00:22:27.820 Rahm Emanuel is

00:22:30.520 maybe allegedly

00:22:32.880 angling to be

00:22:34.640 a presidential candidate.

00:22:38.160 Here's my take on that.

00:22:41.040 Uh-oh.

00:22:42.520 Now,

00:22:43.340 I've been telling you

00:22:44.400 that all the Democrats need

00:22:46.180 is a charismatic,

00:22:47.680 good candidate.

00:22:49.040 If they just had a good candidate,

00:22:51.700 then it would suddenly

00:22:52.500 they would be competitive

00:22:53.460 like right on the block.

00:22:55.460 And the fact that

00:22:56.780 they don't have

00:22:57.460 seemingly,

00:22:58.320 they don't have

00:22:58.720 any skills whatsoever.

00:23:01.680 But Rahm Emanuel,

00:23:03.560 he's got the whole package.

00:23:06.880 He's got experience.

00:23:08.560 He's got connections.

00:23:10.060 You know,

00:23:10.200 he's deeply connected

00:23:11.160 to the Obama world.

00:23:12.980 So he could probably

00:23:13.900 raise money like crazy.

00:23:16.420 And he's also funny.

00:23:18.680 And that's a problem.

00:23:20.800 If you're a Republican,

00:23:22.340 that's a problem.

00:23:23.900 He's funny.

00:23:25.260 He's common sense.

00:23:27.860 And he's smart as hell.

00:23:30.640 So I wouldn't want

00:23:32.600 to run against him,

00:23:33.600 honestly.

00:23:34.320 Yeah,

00:23:34.600 he's got the whole package.

00:23:37.860 Now,

00:23:38.140 I never really thought

00:23:39.100 about him as a potential

00:23:40.240 presidential candidate.

00:23:41.520 But as soon as I saw

00:23:42.740 that name,

00:23:43.300 I said,

00:23:43.800 uh-oh.

00:23:45.140 Uh-oh.

00:23:45.960 That's an actual

00:23:47.040 serious candidate.

00:23:48.780 Now,

00:23:49.040 if you compare him

00:23:49.880 to,

00:23:50.200 let's say,

00:23:50.540 Gavin Newsom,

00:23:52.440 Gavin Newsom also

00:23:53.460 has some political skill.

00:23:55.720 But he also has

00:23:56.800 tons of scandal

00:23:57.640 because he presided

00:23:59.240 over a city

00:23:59.960 that went to hell,

00:24:01.020 San Francisco,

00:24:02.200 and then his state

00:24:03.160 that went to hell.

00:24:04.920 So,

00:24:05.400 you know,

00:24:06.280 I don't think Rahm Emanuel

00:24:07.640 has quite those problems.

00:24:10.300 So I'd worry about him.

00:24:11.960 The big question

00:24:12.880 would be,

00:24:13.520 could the Democrats

00:24:14.320 back another

00:24:15.180 older white guy?

00:24:16.100 Do you think

00:24:17.560 an older white guy

00:24:18.640 can get elected

00:24:19.400 now as president?

00:24:21.920 You know,

00:24:22.220 it was impressive

00:24:22.820 that he ever became

00:24:23.740 mayor of Chicago.

00:24:25.660 But president?

00:24:27.360 I don't know.

00:24:28.380 I'm not sure

00:24:28.940 if the Democrat

00:24:29.900 coalition

00:24:31.260 would allow that.

00:24:33.280 You know,

00:24:33.500 they had some

00:24:34.140 special feeling

00:24:35.220 for Biden

00:24:35.880 that didn't

00:24:38.520 always make sense

00:24:39.520 to me.

00:24:40.200 So I don't think

00:24:41.200 Rahm Emanuel

00:24:41.820 would have that

00:24:42.540 Biden,

00:24:43.040 you know,

00:24:44.140 sort of affection.

00:24:46.100 But that'd be

00:24:47.400 a problem

00:24:47.840 because,

00:24:49.480 you know,

00:24:50.500 they're all about

00:24:51.160 diversity.

00:24:52.700 And if they run

00:24:53.400 another white guy,

00:24:56.100 it's going to be

00:24:56.840 sort of a glaring,

00:24:58.080 glaring,

00:24:59.220 non-diversity

00:24:59.860 situation.

00:25:02.020 Anyway,

00:25:02.560 the other problem

00:25:03.540 with Rahm Emanuel,

00:25:06.960 and I'm not sure

00:25:07.620 about this.

00:25:08.140 It can be a fact

00:25:08.820 check on this.

00:25:09.480 but when I've

00:25:11.140 seen him in public

00:25:12.040 and he's

00:25:13.780 criticizing Republicans,

00:25:15.920 I don't think

00:25:17.120 he makes stuff up

00:25:18.320 which would make

00:25:20.360 him unique

00:25:20.980 among Democrats.

00:25:22.660 Democrats

00:25:22.980 generally just

00:25:23.820 lie.

00:25:25.220 So they say,

00:25:26.180 oh,

00:25:26.540 Doge is going to

00:25:27.740 cut your social

00:25:28.500 services.

00:25:29.640 But the truth is

00:25:31.040 the only cuts

00:25:32.620 they're looking for

00:25:33.360 are the waste,

00:25:34.520 fraud,

00:25:34.720 and abuse,

00:25:35.540 which wouldn't cut

00:25:36.560 anybody's services.

00:25:37.400 in fact might

00:25:38.120 protect them

00:25:38.760 because there would

00:25:39.680 be more money

00:25:40.300 to actually pay

00:25:41.160 people.

00:25:42.480 So if he doesn't

00:25:44.120 lie,

00:25:45.500 could he win?

00:25:46.940 Because mostly

00:25:47.960 what Democrats

00:25:48.580 have is those

00:25:49.420 kind of lies.

00:25:50.660 Oh,

00:25:51.460 Trump is a

00:25:52.120 dictator.

00:25:53.600 I don't know.

00:25:53.940 Would Rahm Emanuel

00:25:54.680 say that?

00:25:55.400 It's so stupid.

00:25:57.680 Trump's going to

00:25:58.460 cut your social

00:25:59.220 security.

00:25:59.940 He's not.

00:26:01.400 Well,

00:26:01.920 he wouldn't be

00:26:02.340 running against

00:26:02.860 Trump,

00:26:03.280 but let's say

00:26:03.940 whoever he's

00:26:04.420 running against,

00:26:05.560 would he say

00:26:06.280 that that person

00:26:07.860 is going to

00:26:08.400 be cutting

00:26:09.220 all your social

00:26:09.940 services when

00:26:10.760 he knows that

00:26:12.340 it's not going

00:26:12.840 to happen?

00:26:14.700 I don't know.

00:26:16.020 So he'd be an

00:26:17.020 interesting one,

00:26:18.220 but I'd worry

00:26:19.140 about him a

00:26:19.620 little bit.

00:26:24.040 Meanwhile,

00:26:25.180 so here's a good

00:26:26.380 example.

00:26:27.560 In Axios,

00:26:28.820 there's a headline

00:26:29.620 that says,

00:26:30.780 Doge is taking

00:26:31.580 its wrecking

00:26:32.360 ball to the

00:26:33.020 Social Security

00:26:33.900 Administration.

00:26:34.700 the agency

00:26:35.800 responsible for

00:26:36.840 overseeing

00:26:37.340 retirement and

00:26:38.120 disability benefits

00:26:39.700 for 73 million

00:26:41.700 Americans.

00:26:43.020 Now,

00:26:43.260 if you saw

00:26:43.640 that headline,

00:26:45.000 it would look

00:26:45.460 like they're

00:26:45.880 cutting benefits

00:26:46.820 to people who

00:26:49.200 get Social

00:26:49.680 Security,

00:26:50.340 right?

00:26:51.700 That's not

00:26:52.420 the story.

00:26:53.460 The story is

00:26:54.440 that they're

00:26:54.900 cutting the

00:26:55.440 staff,

00:26:56.400 and they have

00:26:57.200 very old

00:26:57.860 computer systems,

00:26:59.920 and so there

00:27:01.320 are some issues

00:27:02.240 about whether it

00:27:02.940 can just

00:27:03.380 function with

00:27:05.120 fewer people.

00:27:06.300 I imagine it

00:27:07.440 can.

00:27:08.160 I'm not too

00:27:09.000 worried about it,

00:27:10.180 but that's a

00:27:11.140 sort of lie.

00:27:12.900 It wasn't a lie

00:27:13.660 technically,

00:27:14.360 because the

00:27:15.440 article describes

00:27:16.660 what they're

00:27:17.000 talking about,

00:27:17.800 but that's the

00:27:18.740 sort of thing

00:27:19.300 that the

00:27:19.780 Democrats have

00:27:20.460 to run on.

00:27:21.320 They have to

00:27:21.900 just make

00:27:22.440 stuff up

00:27:23.140 because they

00:27:24.760 don't have

00:27:25.060 real stuff,

00:27:26.220 because otherwise

00:27:26.720 they're running

00:27:27.240 against common

00:27:27.960 sense.

00:27:28.380 so they

00:27:29.460 have to

00:27:30.900 assign stupid

00:27:32.700 opinions to

00:27:33.380 Republicans

00:27:33.840 just so they

00:27:35.300 have something

00:27:35.700 to complain

00:27:36.260 about.

00:27:36.960 Oh, I

00:27:37.520 think he

00:27:37.900 wants to

00:27:38.300 kill all

00:27:38.660 the babies.

00:27:39.640 What?

00:27:40.440 Nobody said

00:27:41.060 anything like

00:27:41.580 that.

00:27:42.300 Oh, yeah.

00:27:43.060 I'm pretty

00:27:43.540 sure he's

00:27:44.060 indicated he

00:27:44.660 wants to

00:27:45.000 kill all

00:27:45.480 the babies.

00:27:46.840 No.

00:27:48.520 All right.

00:27:51.600 There's a story

00:27:52.400 about the

00:27:52.840 former CEO

00:27:53.840 of Barclays

00:27:54.740 Bank that

00:27:56.860 apparently he

00:27:58.120 had sex

00:27:58.640 with Epstein's

00:28:00.120 assistant.

00:28:01.060 We don't

00:28:01.300 know how

00:28:01.640 old that

00:28:02.320 was, but

00:28:03.740 the funny

00:28:05.140 part about

00:28:05.600 it was, so

00:28:07.340 he's admitted

00:28:07.880 in court, I

00:28:09.080 don't know what

00:28:09.420 the court case

00:28:10.020 was about, but

00:28:10.540 he admitted

00:28:10.920 that he was

00:28:12.900 involved in

00:28:13.500 the Jeffrey

00:28:14.680 Epstein world

00:28:15.400 there, and

00:28:16.720 they're looking

00:28:18.360 to ban him

00:28:19.060 from the

00:28:19.380 industry, blah,

00:28:20.200 blah.

00:28:20.700 But apparently

00:28:21.520 they discovered

00:28:22.360 a thousand

00:28:23.100 emails,

00:28:23.840 like really

00:28:25.100 friendly emails

00:28:26.040 to Jeffrey

00:28:26.920 Epstein, and

00:28:29.200 he says he

00:28:30.500 doesn't remember

00:28:31.220 them.

00:28:32.120 He sent a

00:28:33.160 thousand emails.

00:28:34.840 I don't remember

00:28:35.500 doing that.

00:28:36.440 Really?

00:28:37.200 Really?

00:28:37.680 I sent some

00:28:38.320 emails?

00:28:39.260 Huh.

00:28:39.980 I don't have any

00:28:40.800 memory of that.

00:28:41.700 There were a

00:28:42.380 thousand of

00:28:43.220 them.

00:28:44.560 Yeah.

00:28:45.420 So he doesn't

00:28:45.940 remember.

00:28:47.300 Just daily.

00:28:49.340 Now, I'd be

00:28:50.160 lying if I

00:28:50.860 didn't tell you

00:28:51.360 this.

00:28:51.740 Barclays Bank

00:28:54.440 went after me

00:28:56.420 once in the

00:28:57.040 past, and

00:28:58.740 because it's

00:28:59.600 a court

00:29:01.200 situation, I

00:29:02.120 can't tell you

00:29:02.620 the details.

00:29:04.020 But, oh my

00:29:05.020 God, do I

00:29:05.700 hate that

00:29:06.160 bank.

00:29:08.560 Let's just

00:29:09.300 say that my

00:29:11.140 point of view

00:29:11.880 is quite

00:29:14.060 supportable.

00:29:14.760 Barclays, can't

00:29:18.820 tell you what

00:29:19.300 that was

00:29:19.620 about, but I

00:29:21.860 do not like

00:29:22.580 that bank.

00:29:23.720 So I don't

00:29:24.680 want to be too

00:29:25.620 happy because

00:29:26.300 they're ex-CEO.

00:29:27.360 He's not the

00:29:27.780 current CEO.

00:29:29.260 Got in trouble

00:29:30.140 with Epstein, but

00:29:31.140 on the other

00:29:31.740 hand, it was

00:29:33.420 hard not to

00:29:34.000 enjoy it.

00:29:36.740 Meanwhile, you

00:29:37.740 know the law

00:29:38.380 firm Perkins

00:29:40.100 Coie?

00:29:41.420 Am I saying

00:29:42.100 that right?

00:29:42.980 Coie?

00:29:43.280 I used to

00:29:43.980 think it was

00:29:44.380 Coy, but

00:29:45.900 Perkins Coie.

00:29:47.460 So they're the

00:29:48.000 ones who were

00:29:48.640 behind Hillary

00:29:50.340 Clinton's

00:29:51.260 Russia, you

00:29:53.420 know, the

00:29:53.620 Russia collusion

00:29:54.900 hoax, and

00:29:56.920 some other

00:29:57.380 things that

00:29:57.880 Republicans don't

00:29:58.640 like.

00:29:59.320 And so

00:29:59.680 Trump

00:30:01.380 administration

00:30:02.100 yanked their

00:30:03.680 security

00:30:04.300 clearances, but

00:30:07.060 there is some

00:30:07.580 kind of a

00:30:08.280 challenge.

00:30:08.800 They found a

00:30:09.320 judge, of

00:30:09.880 course.

00:30:11.220 You know, one

00:30:11.640 of the top law

00:30:12.300 firms in

00:30:12.860 Washington, of

00:30:13.820 course, they

00:30:14.460 found a judge

00:30:15.300 who was

00:30:16.060 willing to

00:30:16.760 try to

00:30:17.680 block it, to

00:30:19.780 block the

00:30:20.380 actions that

00:30:21.040 the Trump

00:30:21.500 administration is

00:30:22.260 taking against

00:30:22.820 them.

00:30:23.740 But I saw

00:30:24.880 one article

00:30:25.480 that says

00:30:26.080 that Perkins

00:30:28.560 Coie is not

00:30:29.620 challenging the

00:30:30.740 removal of their

00:30:31.520 security

00:30:32.020 clearances.

00:30:33.220 But then I

00:30:34.000 saw another

00:30:34.480 article that

00:30:35.160 says they

00:30:35.720 are.

00:30:36.960 So I

00:30:37.780 don't know.

00:30:38.120 it could be

00:30:40.060 that they

00:30:40.460 might want

00:30:41.020 to say,

00:30:42.340 well, it

00:30:42.600 can't be

00:30:42.940 every single

00:30:43.640 person who

00:30:44.140 works here.

00:30:44.800 Maybe it

00:30:45.460 should only

00:30:46.100 apply to the

00:30:46.600 people who

00:30:47.140 worked on

00:30:47.660 that project.

00:30:48.780 But other

00:30:49.320 people say,

00:30:51.520 looks like

00:30:52.380 we've got

00:30:52.780 Mr.

00:30:53.320 Fart is

00:30:53.920 back in the

00:30:54.420 house.

00:30:55.220 So if we

00:30:57.860 can find a

00:30:58.460 way to

00:30:58.980 block him

00:30:59.680 again.

00:31:00.020 why some

00:31:04.880 people decide

00:31:05.660 that that's

00:31:06.140 the thing

00:31:06.560 they're going

00:31:06.920 to do.

00:31:07.820 Unbelievable.

00:31:09.840 It's a

00:31:10.600 problem in

00:31:10.960 the comments.

00:31:15.140 All right.

00:31:18.100 So, but

00:31:18.880 one lawyer,

00:31:20.780 Perkins

00:31:21.660 Coie,

00:31:22.720 said that

00:31:23.620 all of

00:31:25.360 the trouble

00:31:26.820 that the

00:31:27.280 Trump

00:31:27.500 administration

00:31:28.120 is giving

00:31:28.600 their law

00:31:29.060 firm,

00:31:29.320 especially

00:31:30.160 the security

00:31:30.780 clearance

00:31:31.200 part, I

00:31:31.560 think,

00:31:32.440 represents

00:31:33.440 it's like

00:31:34.100 a tsunami

00:31:34.820 waiting to

00:31:35.480 hit the

00:31:35.820 firm.

00:31:36.620 So they

00:31:37.000 do think

00:31:37.460 it could

00:31:37.980 just ruin

00:31:39.020 their business

00:31:39.640 entirely.

00:31:42.420 But as

00:31:43.520 Julie Kelly

00:31:44.160 points out,

00:31:46.080 Beryl Howell,

00:31:47.440 I guess this

00:31:48.000 is a judge,

00:31:48.980 who oversaw

00:31:49.700 the special

00:31:50.440 counsel Robert

00:31:51.300 Mueller's

00:31:51.840 investigation

00:31:52.400 into the

00:31:53.480 phony

00:31:54.260 Trump-Russia

00:31:54.840 collusion,

00:31:55.960 and now

00:31:56.480 she's the

00:31:57.420 same person

00:31:58.080 who's

00:31:58.660 presiding

00:31:59.100 over the

00:31:59.560 Perkins

00:32:00.040 Coie

00:32:00.580 lawsuit

00:32:01.040 against

00:32:01.480 the

00:32:01.700 president.

00:32:03.100 Now,

00:32:03.560 doesn't that

00:32:04.240 seem like

00:32:04.680 some kind

00:32:05.580 of weird

00:32:05.920 coincidence

00:32:06.480 or,

00:32:08.140 you know,

00:32:09.140 some kind

00:32:09.820 of conflict

00:32:10.320 of interest?

00:32:12.540 So she

00:32:13.260 was on

00:32:13.680 the Robert

00:32:15.360 Mueller case,

00:32:16.300 and now

00:32:16.560 she's on

00:32:16.980 this Perkins

00:32:17.600 Coie thing,

00:32:18.340 and the

00:32:18.580 Perkins

00:32:18.880 Coie

00:32:19.300 people were

00:32:21.320 involved with

00:32:22.020 the Russia

00:32:22.980 collusion

00:32:23.440 hoax,

00:32:24.060 so that's

00:32:25.200 sort of an

00:32:25.880 only in D.C.

00:32:26.660 thing Julie

00:32:27.820 mentions.

00:32:30.060 Well,

00:32:30.560 in other

00:32:30.840 news,

00:32:32.300 the EPA

00:32:33.680 is getting

00:32:35.420 rid of a

00:32:36.480 whole bunch

00:32:36.920 of rules,

00:32:38.060 and one

00:32:38.440 of them

00:32:38.720 is the

00:32:39.340 endangerment

00:32:43.340 finding.

00:32:44.820 So this

00:32:45.280 is a

00:32:45.560 finding,

00:32:46.320 Alex Epstein

00:32:46.920 is talking

00:32:47.320 about this

00:32:47.840 on X,

00:32:49.060 it's a

00:32:49.520 finding that

00:32:51.960 allowed Obama

00:32:53.020 and Biden

00:32:53.540 to ban

00:32:54.700 gas cars

00:32:55.480 and shut

00:32:55.900 down power

00:32:56.420 plants and

00:32:57.000 slow U.S.

00:32:57.680 oil growth

00:32:58.240 and lock

00:32:58.720 up our

00:32:59.140 limitless

00:33:00.600 natural gas,

00:33:01.980 says Alex.

00:33:03.620 And they're

00:33:04.580 doing a lot

00:33:04.960 more,

00:33:05.420 but this

00:33:06.060 one seems

00:33:06.520 like a

00:33:06.840 big one.

00:33:08.160 So how

00:33:09.480 much do

00:33:09.820 you think

00:33:10.040 this is

00:33:10.420 going to

00:33:10.580 make a

00:33:10.900 difference

00:33:11.320 to our

00:33:12.920 economy

00:33:13.360 if the

00:33:14.380 EPA is

00:33:15.360 sort of

00:33:16.260 reduced in

00:33:17.220 its impact?

00:33:19.040 Well,

00:33:19.620 we should

00:33:20.620 all be

00:33:21.020 worried that

00:33:21.700 things go

00:33:22.640 too far

00:33:23.240 and something

00:33:24.620 will get

00:33:25.040 polluted.

00:33:26.100 But as

00:33:26.600 Lee Zeldin

00:33:27.220 points out

00:33:27.780 out of

00:33:28.040 the EPA,

00:33:29.680 they're

00:33:30.200 very

00:33:30.960 concerned

00:33:32.360 to make

00:33:33.000 sure that

00:33:33.400 they're not

00:33:33.740 making the

00:33:34.200 air or

00:33:34.500 the water

00:33:34.840 dirtier,

00:33:35.680 but they

00:33:36.180 want to

00:33:36.360 get rid

00:33:36.600 of just

00:33:36.860 the BS

00:33:37.600 part of

00:33:38.480 the regulations.

00:33:39.720 It should

00:33:40.180 make a

00:33:40.560 huge difference.

00:33:41.760 At the

00:33:42.040 same time,

00:33:43.020 according to

00:33:43.500 The Verge,

00:33:45.180 the FCC

00:33:46.180 chairman,

00:33:47.840 Brendan

00:33:49.380 Carr,

00:33:50.120 is asking

00:33:50.700 the public

00:33:51.380 for

00:33:52.340 suggestions

00:33:52.940 about how

00:33:53.600 the FCC

00:33:54.120 should get

00:33:55.400 rid of

00:33:55.900 regulations.

00:33:58.220 And I

00:33:58.880 love that.

00:33:59.700 I love

00:34:00.220 getting the

00:34:00.660 public

00:34:00.940 involved

00:34:01.540 because the

00:34:02.500 public has

00:34:03.000 a much

00:34:03.300 better idea

00:34:03.940 what stopped

00:34:04.680 them from

00:34:05.080 doing the

00:34:05.520 thing they

00:34:05.840 wanted to

00:34:06.260 do.

00:34:07.060 So you're

00:34:07.680 going to

00:34:07.760 find small

00:34:08.600 companies and

00:34:09.240 big companies

00:34:09.760 saying,

00:34:10.600 oh,

00:34:11.400 I've got an

00:34:12.240 idea.

00:34:12.980 We tried to

00:34:14.000 build this

00:34:14.680 thing and we

00:34:15.640 couldn't do it

00:34:16.260 because of the,

00:34:17.100 I don't know,

00:34:17.660 one thing or

00:34:18.240 another.

00:34:18.460 So if you

00:34:19.880 could just

00:34:20.280 get rid of

00:34:21.200 that rule,

00:34:22.500 that'd be

00:34:22.960 good.

00:34:23.700 So I love

00:34:24.460 this.

00:34:24.780 I love the

00:34:25.200 fact that

00:34:25.860 he's involving

00:34:26.600 the public

00:34:27.260 because the

00:34:28.220 public does

00:34:29.040 know what

00:34:30.360 things are the

00:34:30.860 biggest problems

00:34:31.580 and it's

00:34:33.200 transparent.

00:34:34.300 So if the

00:34:35.100 FCC and

00:34:36.020 the EPA

00:34:36.640 make massive

00:34:38.520 changes to

00:34:39.340 deregulate,

00:34:40.060 the business

00:34:43.000 community is

00:34:43.700 just going to

00:34:44.100 love that.

00:34:45.840 So I

00:34:47.140 would say

00:34:47.500 that things

00:34:48.360 are looking

00:34:48.800 really good

00:34:49.540 for the long

00:34:50.220 run of our

00:34:50.820 economy,

00:34:51.360 better than

00:34:51.880 I've ever

00:34:52.280 seen it,

00:34:52.740 actually.

00:34:53.320 Let me

00:34:54.040 double down

00:34:55.300 on that.

00:34:56.620 The current

00:34:57.560 things that

00:34:58.080 are being

00:34:58.380 done under

00:34:59.380 the Trump

00:34:59.820 administration

00:35:00.480 are, in

00:35:01.920 my opinion,

00:35:02.900 the most

00:35:04.100 positive things

00:35:05.320 I've ever

00:35:05.880 seen happen

00:35:06.560 in one

00:35:07.300 compressed

00:35:07.940 period of

00:35:08.780 time.

00:35:09.060 I've never

00:35:10.640 seen anything

00:35:11.560 this amazingly

00:35:12.800 good, from

00:35:14.120 reducing

00:35:14.680 regulations to

00:35:15.940 even the

00:35:17.220 tariff stuff.

00:35:17.960 I think it's

00:35:18.380 going to work

00:35:18.800 out.

00:35:19.460 In the short

00:35:19.860 run, lots

00:35:21.040 of uncertainty.

00:35:22.520 In the short

00:35:23.100 run, stock

00:35:24.240 markets say,

00:35:25.000 we don't like

00:35:25.420 uncertainty, so

00:35:26.300 they plunge.

00:35:28.200 That's all

00:35:28.940 built in.

00:35:30.780 And if you

00:35:32.220 can get one

00:35:32.940 thing right

00:35:33.620 about the

00:35:34.800 economy, it's

00:35:36.220 to make sure

00:35:36.960 that you got

00:35:37.400 the long run

00:35:38.140 right.

00:35:39.060 Even if it

00:35:39.800 has a little

00:35:40.480 bit of pain

00:35:40.980 in the short

00:35:41.480 run.

00:35:42.020 That's the

00:35:42.620 hardest thing

00:35:43.080 to do.

00:35:43.900 It's something

00:35:44.600 you'd have to

00:35:45.540 do if you

00:35:45.960 had a mandate

00:35:46.540 and you were

00:35:48.080 your second

00:35:48.560 term and you

00:35:49.560 were determined

00:35:50.260 to get it

00:35:50.760 right.

00:35:51.740 So this

00:35:52.900 situation is

00:35:53.900 so unusual.

00:35:55.360 If you add

00:35:56.280 doge, you

00:35:57.960 know, the

00:35:58.200 cost cutting

00:35:58.860 and really just

00:36:00.080 finding out what

00:36:01.480 kind of total

00:36:02.160 corruption was in

00:36:03.080 our system.

00:36:04.120 I'm almost as

00:36:05.320 interested in the

00:36:06.160 corruption and

00:36:07.440 the money

00:36:07.780 laundering and

00:36:08.560 the shadow

00:36:10.560 government that

00:36:11.280 was caused by

00:36:11.940 all the NGOs

00:36:12.680 as I am about

00:36:14.780 the cost

00:36:15.200 cutting.

00:36:16.000 These are

00:36:16.740 amazingly,

00:36:18.480 amazingly positive

00:36:19.920 trends.

00:36:21.960 Now, will the

00:36:23.320 courts block

00:36:24.400 everybody from

00:36:25.160 doing everything

00:36:25.760 they want?

00:36:26.200 It looks like

00:36:26.700 it.

00:36:26.880 The courts

00:36:28.660 are trying to

00:36:29.120 block just

00:36:29.760 everything.

00:36:30.980 Anything that

00:36:31.840 Elon Musk wants

00:36:32.720 to do,

00:36:33.140 anything that

00:36:33.660 Trump wants

00:36:34.120 to do,

00:36:34.840 somebody is

00:36:35.460 going to find

00:36:35.880 a friendly

00:36:36.380 judge who

00:36:38.420 will try to

00:36:39.420 block it.

00:36:40.960 But I've

00:36:41.640 never seen

00:36:42.020 anything this

00:36:42.720 positive in

00:36:43.600 my entire

00:36:44.120 life.

00:36:45.540 Nothing with

00:36:46.840 this much

00:36:47.300 impact that

00:36:48.320 could make a

00:36:48.800 big difference

00:36:49.300 in the long

00:36:49.740 run.

00:36:51.060 Trump's

00:36:51.580 proposing an

00:36:52.400 idea to,

00:36:53.560 according to

00:36:54.100 Howard Lutnick,

00:36:55.000 U.S.

00:36:55.340 Commerce

00:36:55.600 Secretary,

00:36:56.880 Trump's

00:36:57.440 thinking about

00:36:58.120 making everybody

00:37:00.400 who earns

00:37:01.040 under $150,000

00:37:02.460 a year pay

00:37:03.920 no federal

00:37:04.680 income tax.

00:37:07.260 Now, that's

00:37:08.640 a stretch

00:37:09.120 goal.

00:37:09.740 I don't think

00:37:10.200 that one's

00:37:10.580 going to

00:37:10.720 happen right

00:37:11.160 away.

00:37:12.320 But it

00:37:12.960 would include,

00:37:14.140 I guess it

00:37:15.040 assumes that

00:37:16.560 we'd be making

00:37:17.220 more money

00:37:17.920 from other

00:37:18.520 countries,

00:37:19.460 as in

00:37:20.100 tariffs,

00:37:21.860 etc.

00:37:23.500 And here's

00:37:24.420 the idea of

00:37:25.000 forcing countries

00:37:25.940 to pay a

00:37:26.440 membership fee

00:37:27.380 to sell

00:37:28.320 in America.

00:37:30.760 Now, I

00:37:32.360 don't think

00:37:32.980 that's going

00:37:33.460 to happen,

00:37:34.600 but the

00:37:35.160 fact that

00:37:35.780 Trump would

00:37:36.580 say you

00:37:36.980 have to

00:37:37.240 have a

00:37:37.560 membership

00:37:38.000 fee to

00:37:39.480 even sell

00:37:40.160 stuff in

00:37:40.640 America,

00:37:41.060 America.

00:37:42.740 Well, that's

00:37:43.620 kind of

00:37:45.080 awesome.

00:37:47.200 It seems

00:37:48.040 like such a

00:37:48.680 big idea

00:37:49.300 that my

00:37:50.340 first impression

00:37:51.120 is, oh,

00:37:51.520 you're never

00:37:51.800 going to get

00:37:52.180 away with

00:37:52.500 that.

00:37:53.580 Then my

00:37:54.000 second impression

00:37:54.780 is, but

00:37:55.820 why not?

00:37:56.360 America is

00:37:58.480 the best

00:37:58.900 economy to

00:37:59.780 sell into,

00:38:00.940 we've got

00:38:01.400 the biggest

00:38:02.160 consumer base

00:38:03.120 of people

00:38:03.540 who actually

00:38:03.960 spend money,

00:38:05.600 then maybe

00:38:06.800 there should

00:38:07.200 be a

00:38:08.080 cover charge.

00:38:09.520 I think you

00:38:10.480 should have

00:38:10.800 a two-drink

00:38:11.440 minimum and

00:38:12.820 a cover charge

00:38:13.660 for getting

00:38:14.640 into the

00:38:15.060 American markets.

00:38:16.180 Two-drink

00:38:16.600 minimum.

00:38:17.780 Yep.

00:38:17.940 So we'll

00:38:19.900 see if he

00:38:20.280 can get

00:38:20.520 away with

00:38:20.880 that.

00:38:21.300 I don't

00:38:21.560 even know

00:38:21.940 if he's

00:38:22.200 getting away

00:38:22.640 with no

00:38:23.120 tax on

00:38:23.660 tips, but

00:38:24.400 this would

00:38:25.440 be a

00:38:26.100 pretty big

00:38:26.520 deal.

00:38:28.160 Let's talk

00:38:28.840 about Russia

00:38:29.260 and Ukraine.

00:38:30.600 So as you

00:38:31.060 know, Ukraine

00:38:31.940 agreed to a

00:38:32.800 ceasefire, and

00:38:34.600 Russia said,

00:38:36.040 oh, that's

00:38:36.460 crazy talk,

00:38:37.360 because a

00:38:38.020 ceasefire just

00:38:38.740 allows Ukraine

00:38:39.540 to regroup,

00:38:41.720 and since

00:38:42.480 Russia thinks

00:38:43.580 it's winning,

00:38:44.640 they just

00:38:45.060 recaptured a

00:38:45.820 town in

00:38:46.280 Kursk.

00:38:46.780 So they

00:38:47.840 think that

00:38:48.460 they're

00:38:48.620 winning.

00:38:50.080 They say,

00:38:51.220 no, we'll

00:38:52.480 talk about a

00:38:53.140 big peace

00:38:53.600 deal, you

00:38:54.840 know, where

00:38:55.100 everything is

00:38:55.680 included, but

00:38:56.440 no, no

00:38:57.760 ceasefire.

00:38:59.300 Now, if you

00:39:00.280 remember my

00:39:00.900 prediction, it

00:39:02.380 was that he's

00:39:04.400 going to have

00:39:04.900 to agree to

00:39:06.080 the ceasefire,

00:39:07.100 even though he

00:39:07.560 doesn't want

00:39:08.000 to, to keep

00:39:10.260 his relationship

00:39:11.120 with Trump

00:39:12.540 productive.

00:39:13.920 Because if

00:39:14.680 Trump puts

00:39:15.840 his reputation

00:39:16.640 on the

00:39:17.340 ceasefire, which

00:39:18.300 he's doing,

00:39:19.400 and then

00:39:20.220 Putin is

00:39:20.780 the reason

00:39:21.140 it doesn't

00:39:21.560 happen,

00:39:23.400 Trump's not

00:39:23.920 going to be

00:39:24.220 happy.

00:39:25.680 And when

00:39:26.620 Trump's not

00:39:27.180 happy, you

00:39:29.420 know it,

00:39:30.440 right?

00:39:30.860 It's not

00:39:31.300 going to be a

00:39:32.000 silent, well,

00:39:32.900 in my head,

00:39:33.680 I'm unhappy.

00:39:34.380 No.

00:39:35.080 Trump's already

00:39:35.720 talking about

00:39:36.420 massive sanctions

00:39:37.720 on Russia.

00:39:38.420 I don't know

00:39:38.760 what's left

00:39:39.180 to sanction,

00:39:39.860 but it seems

00:39:40.960 like they would

00:39:41.380 have sanctioned

00:39:41.940 everything

00:39:42.260 sanctionable by

00:39:43.160 now.

00:39:43.420 But Trump

00:39:45.320 is already

00:39:45.720 talking about

00:39:46.380 essentially

00:39:47.420 putting the

00:39:48.560 screws on

00:39:49.200 Russia.

00:39:50.500 So I'm

00:39:51.500 going to

00:39:51.700 double down

00:39:52.260 on my

00:39:53.000 non-standard

00:39:55.400 prediction.

00:39:56.120 If I were

00:39:57.320 making a

00:39:57.780 standard prediction,

00:39:58.920 I would say,

00:39:59.500 huh, the

00:40:00.660 ceasefire looks

00:40:01.460 like a bad

00:40:02.020 idea for

00:40:02.540 Putin.

00:40:03.380 Putin's very

00:40:04.080 smart.

00:40:05.060 He knows

00:40:05.420 it's a bad

00:40:05.960 idea because

00:40:06.720 Ukraine will

00:40:07.320 just put

00:40:08.480 together their

00:40:09.000 forces and

00:40:09.740 come at them

00:40:10.480 harder.

00:40:11.780 And so

00:40:12.840 logic says

00:40:14.020 that Putin

00:40:15.220 would reject

00:40:15.860 this, which

00:40:17.860 he has.

00:40:19.200 But I'm

00:40:19.940 going to go

00:40:20.460 with my

00:40:21.740 feeling that

00:40:22.560 the only

00:40:23.300 chance Putin

00:40:24.360 has of

00:40:25.040 getting a

00:40:25.440 good outcome

00:40:26.040 is to work

00:40:27.160 productively with

00:40:28.440 Trump.

00:40:29.500 And Trump's

00:40:29.980 making a very

00:40:30.640 small ask.

00:40:32.160 It's a very

00:40:33.160 small ask to

00:40:35.140 take a month

00:40:36.040 off of

00:40:36.420 fighting.

00:40:36.680 I think

00:40:39.600 Putin might

00:40:40.140 cave.

00:40:41.960 And I

00:40:42.600 think he

00:40:42.880 has to do

00:40:43.480 it to

00:40:43.860 maintain the

00:40:44.440 relationship.

00:40:45.260 And that's

00:40:45.800 something that

00:40:46.300 Trump brings

00:40:46.900 to the

00:40:47.220 table.

00:40:47.980 He makes

00:40:48.600 sure that

00:40:49.100 you know

00:40:50.000 that you

00:40:51.060 don't get

00:40:51.460 anything until

00:40:53.080 you're dealing

00:40:53.660 with him

00:40:54.260 respectfully and

00:40:55.980 seriously.

00:40:57.640 That's really

00:40:58.440 powerful.

00:41:00.040 So if you

00:41:02.280 had to bet

00:41:02.740 on it, you

00:41:03.460 should bet

00:41:04.020 against me

00:41:04.680 because like

00:41:07.120 I said, it's

00:41:08.200 a bad deal

00:41:08.780 for Russia.

00:41:09.460 Russia knows

00:41:10.060 it.

00:41:10.800 Putin's no

00:41:11.300 idiot.

00:41:12.380 But I

00:41:13.160 think the

00:41:13.640 keeping the

00:41:14.480 relationship

00:41:15.060 with Trump

00:41:15.740 productive, I

00:41:18.380 think that has

00:41:18.960 a greater value

00:41:19.880 than even

00:41:21.000 whatever

00:41:21.540 advantages

00:41:23.060 Ukraine got

00:41:23.840 by the

00:41:24.160 ceasefire.

00:41:24.600 Ontario, the

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00:42:24.800 Now, speaking of

00:42:26.440 Ukraine, apparently

00:42:28.160 their drone warfare is

00:42:30.100 really making a

00:42:32.600 difference.

00:42:33.460 So something like

00:42:34.200 60% of all the

00:42:36.180 destruction that

00:42:37.580 Ukraine is doing on

00:42:38.760 the military of

00:42:40.400 Russia is with

00:42:42.380 drones.

00:42:43.280 And I guess they're

00:42:43.960 using a lot of AI

00:42:44.920 drones that are way

00:42:46.560 better.

00:42:47.180 So even when they get

00:42:48.360 jammed, they can just

00:42:50.120 sort of look at the

00:42:50.880 ground and say, well,

00:42:51.880 I'm jammed, but I

00:42:53.420 know where I'm going

00:42:54.120 because I'm just

00:42:54.880 looking at the ground

00:42:55.780 and I've got these

00:42:57.420 landmarks and I know

00:42:58.360 what to attack.

00:42:59.980 So, but what's not

00:43:03.040 working apparently is

00:43:04.400 swarms.

00:43:06.040 You know how all of

00:43:07.040 us non-experts said,

00:43:09.100 oh, it's going to be

00:43:09.700 swarms.

00:43:10.840 Yeah, there's going to

00:43:11.360 be these giant swarms

00:43:12.440 of drones.

00:43:13.540 Turns out that these

00:43:14.740 swarms don't work too

00:43:16.380 well with current

00:43:17.920 technology because the

00:43:19.460 signals interfere.

00:43:20.900 So there's just too

00:43:21.800 many signals in too

00:43:23.100 small a place.

00:43:24.860 So weirdly, swarms

00:43:27.380 haven't worked yet.

00:43:28.940 One assumes they'll

00:43:29.900 figure that out

00:43:30.720 eventually.

00:43:32.220 But at the moment,

00:43:33.160 it's more like, you

00:43:35.360 know, individual drones

00:43:36.460 with AI and they're

00:43:38.120 tough to stop.

00:43:40.360 All right.

00:43:46.660 So let's talk about

00:43:48.700 science journals.

00:43:50.060 Here's something I

00:43:50.780 didn't know.

00:43:51.800 So you probably

00:43:52.860 know, I've talked

00:43:53.640 about a bunch of

00:43:54.200 times, how science

00:43:55.380 has a reproducible

00:43:57.380 reproducibility

00:43:59.060 problem, where if

00:44:00.540 somebody gets a

00:44:01.580 peer-reviewed study

00:44:04.480 into a science

00:44:06.060 publication, later if

00:44:08.320 somebody says, let's

00:44:09.200 see if we can

00:44:09.700 reproduce these

00:44:10.480 results, and usually

00:44:12.100 they can't, or at

00:44:13.200 least half the time

00:44:13.880 they can't.

00:44:14.400 So that suggests that a

00:44:16.400 lot of what we think

00:44:17.080 is science is

00:44:18.000 literally just

00:44:18.720 bullshit.

00:44:19.980 Probably half of it.

00:44:21.500 Some would say more.

00:44:23.060 But I didn't realize

00:44:24.000 that there's a

00:44:24.880 structural reason for

00:44:26.900 it.

00:44:27.800 And the structural

00:44:28.880 reason, and I was

00:44:30.300 just learning this

00:44:31.060 today, did you know

00:44:34.220 that it used to be

00:44:36.740 that the scientific

00:44:37.720 journals were

00:44:38.400 basically a bunch of

00:44:40.980 well-meaning

00:44:41.500 scientists who would

00:44:43.280 say, well, if you

00:44:44.280 couldn't come to the

00:44:45.260 conference, here's a

00:44:47.160 little newsletter

00:44:47.840 basically that says

00:44:49.020 what got presented at

00:44:50.420 the conference.

00:44:51.740 Now, that was

00:44:52.620 probably a mostly

00:44:54.240 honest system where

00:44:56.720 people were doing

00:44:57.680 honest science, not

00:44:59.360 right every time, but

00:45:00.900 at least they were

00:45:01.480 honestly doing science.

00:45:02.560 and the

00:45:03.840 scientists would

00:45:04.800 say, hey, I think

00:45:05.620 more people should

00:45:06.440 have access to

00:45:07.620 this.

00:45:08.380 So we'll put together

00:45:09.080 a little publication,

00:45:10.200 non-profit, and

00:45:12.220 we'll just make sure

00:45:12.980 everybody sees it.

00:45:14.280 So that's the way it

00:45:15.140 used to be.

00:45:16.580 Apparently today, the

00:45:18.320 vast majority of

00:45:19.560 scientific studies are

00:45:21.460 in for-profit

00:45:22.520 publications.

00:45:24.600 For-profit

00:45:25.640 publications.

00:45:27.080 Do you see the

00:45:27.900 problem already?

00:45:29.940 The for-profit

00:45:31.340 publications,

00:45:32.560 want to publish as

00:45:34.040 much as possible

00:45:34.940 and charge as

00:45:37.040 much as possible.

00:45:37.840 They can charge you

00:45:38.480 up to like a million

00:45:39.340 dollars a year if

00:45:40.300 you're a big

00:45:40.700 university, just to

00:45:42.200 have their papers.

00:45:44.740 And once you

00:45:46.460 make it for-profit,

00:45:48.820 don't you think

00:45:49.580 they're going to

00:45:50.100 accept a lot of

00:45:50.940 papers that wouldn't

00:45:51.720 have been accepted

00:45:52.360 otherwise?

00:45:53.940 Don't you think?

00:45:55.940 And I think that's

00:45:57.000 exactly what's

00:45:57.680 happening.

00:45:58.720 So as long as

00:45:59.820 the industry

00:46:01.380 industry is

00:46:02.820 incentivized by

00:46:04.540 the number of

00:46:05.700 studies that get

00:46:06.720 published, you're

00:46:09.700 going to get a lot

00:46:10.200 more fake studies

00:46:11.280 because they're

00:46:12.500 going to sort of,

00:46:14.040 even if they don't

00:46:14.720 say so, you can

00:46:16.480 imagine that they

00:46:17.200 would lower their

00:46:17.840 standard because

00:46:18.800 everybody's got their

00:46:19.660 own objectives for

00:46:22.160 their job.

00:46:23.160 You know, there's

00:46:23.480 going to be some

00:46:24.000 editor who can't

00:46:26.060 publish the magazine

00:46:27.760 without a lot of

00:46:28.520 studies in it.

00:46:29.900 So the more

00:46:30.680 studies, the more

00:46:31.500 money.

00:46:33.000 I think they're

00:46:33.860 going to get a

00:46:34.300 little loose, a

00:46:35.760 little bit looser

00:46:36.480 than what they

00:46:37.260 accept.

00:46:37.980 So that seems to

00:46:38.920 be an enormous

00:46:39.760 problem in science

00:46:40.920 right now.

00:46:41.960 And I don't think

00:46:43.060 that there's, I

00:46:45.500 don't think there's

00:46:46.080 a solution to it.

00:46:47.480 I'm not, I don't

00:46:48.540 believe anybody has

00:46:49.420 recommended any

00:46:50.460 kind of solution.

00:46:51.160 But at this

00:46:52.140 point, if you

00:46:53.120 were to draw

00:46:53.580 this system up

00:46:55.220 on paper, you

00:46:57.040 would know that

00:46:57.640 this is going

00:46:58.580 to lead to

00:46:59.860 massive corruption.

00:47:01.720 It's, it's

00:47:02.640 designed right

00:47:03.620 into the system.

00:47:04.760 You know, as

00:47:05.660 long as you

00:47:06.380 follow the money,

00:47:07.480 you got to assume

00:47:08.640 they're going to

00:47:09.100 accept more than

00:47:10.120 they would have

00:47:10.680 otherwise.

00:47:13.960 Anyway.

00:47:15.880 So as you

00:47:16.740 know, the

00:47:17.820 Congress can't

00:47:18.840 make any

00:47:19.200 decisions on

00:47:19.980 budgets, so

00:47:21.080 they do these

00:47:21.620 continuing

00:47:22.140 resolution things

00:47:23.280 that just say,

00:47:24.140 oh, we'll keep

00:47:24.760 the budget

00:47:25.180 basically the

00:47:25.840 way it was

00:47:26.400 because we

00:47:27.240 can't decide,

00:47:27.960 but we'll

00:47:28.300 decide later.

00:47:30.240 And so that's

00:47:31.040 what the

00:47:31.600 Republicans are

00:47:32.380 trying to do,

00:47:32.980 but Democrats

00:47:34.240 point out,

00:47:36.920 you know,

00:47:37.120 Adam Schiff

00:47:37.620 pointed this out,

00:47:38.960 this is not a

00:47:39.840 normal continuing

00:47:40.720 resolution because

00:47:42.300 it's not just,

00:47:43.900 you know,

00:47:44.780 continue on.

00:47:46.400 The Republicans

00:47:47.180 made some

00:47:48.040 fairly Republican

00:47:49.880 changes, so

00:47:52.140 spending more

00:47:53.620 on national

00:47:54.820 defense, for

00:47:55.460 example.

00:47:56.760 But the

00:47:57.340 total amount

00:47:58.020 is essentially

00:48:00.060 what it was.

00:48:00.980 So the

00:48:01.340 continuing

00:48:01.960 resolution part

00:48:03.960 where it's

00:48:04.480 just we keep

00:48:05.260 the same

00:48:05.760 budget amount,

00:48:07.260 at least they

00:48:08.440 kept that.

00:48:09.500 But within

00:48:10.200 the details,

00:48:11.440 they did move

00:48:13.160 stuff around

00:48:13.920 in a Republican

00:48:15.640 way.

00:48:16.920 So now it

00:48:17.920 looks like

00:48:18.280 there might

00:48:18.640 be some

00:48:19.180 question whether

00:48:19.980 the Democrats

00:48:20.680 will support

00:48:21.400 it in the

00:48:21.800 Senate, and

00:48:23.180 Schumer's

00:48:24.060 saying it

00:48:24.400 doesn't have

00:48:24.820 the votes.

00:48:26.200 But then

00:48:28.000 John Thune,

00:48:30.320 the Senate,

00:48:33.520 what do you

00:48:34.660 call it,

00:48:34.860 the Senate

00:48:35.140 leader,

00:48:36.920 he's going

00:48:37.560 to do a,

00:48:39.880 he's going

00:48:40.460 to go for a

00:48:41.340 cloture vote.

00:48:42.980 How many of you

00:48:43.820 know what

00:48:44.140 that is?

00:48:45.560 Cloture?

00:48:48.680 I had to

00:48:49.640 ask my AI

00:48:50.440 what it was

00:48:51.020 just to make

00:48:51.560 sure.

00:48:52.040 I thought I

00:48:52.500 sort of knew.

00:48:53.820 But it means

00:48:54.460 that they're

00:48:54.940 going to go

00:48:56.140 for a vote,

00:48:57.500 they would say

00:48:58.040 they're going to

00:48:58.520 limit the

00:48:59.000 debate, and

00:49:00.160 then they

00:49:00.800 got a vote.

00:49:01.920 And I guess

00:49:02.300 you need 60

00:49:03.320 senators to

00:49:04.400 say that you

00:49:05.540 agree with

00:49:06.220 cloture so

00:49:07.560 that they can

00:49:08.040 all, I don't

00:49:08.740 know, go on

00:49:09.400 vacation or

00:49:10.040 whatever it is

00:49:10.620 that they need

00:49:11.160 to do.

00:49:11.480 And I

00:49:13.620 don't know if

00:49:13.940 that's going

00:49:14.220 to work.

00:49:15.640 I don't

00:49:16.180 know if

00:49:16.440 that's going

00:49:16.760 to work.

00:49:19.060 But once

00:49:19.720 again, it

00:49:20.520 looks like the

00:49:21.340 Democrats are

00:49:22.720 in that

00:49:23.040 performative

00:49:23.760 mode where

00:49:25.560 they're just

00:49:26.000 going to

00:49:26.240 pretend it's

00:49:26.860 the end of

00:49:27.240 the world

00:49:27.660 and they're

00:49:28.780 going to

00:49:28.920 put in a

00:49:29.300 lot of

00:49:29.580 acts.

00:49:31.300 So we'll

00:49:31.940 watch that.

00:49:33.520 Kevin O'Leary,

00:49:34.860 you know him

00:49:36.020 as Mr.

00:49:36.520 Wonderful,

00:49:37.480 he was on

00:49:38.100 CNN last

00:49:39.340 night and he

00:49:40.580 was talking

00:49:40.960 about teachers

00:49:41.600 unions being

00:49:42.360 bad and he

00:49:43.600 said our

00:49:44.440 reading and

00:49:44.980 math scores

00:49:45.600 are the

00:49:45.920 worst in

00:49:46.420 the G7

00:49:47.080 in terms of

00:49:47.780 how many

00:49:48.100 dollars we

00:49:48.800 spend to

00:49:49.240 advance our

00:49:49.780 children.

00:49:50.460 Why?

00:49:51.440 Unions that

00:49:52.160 keep mediocre

00:49:52.960 teachers in

00:49:53.760 place when we

00:49:54.580 should be

00:49:54.920 firing them.

00:49:56.640 So I'm

00:49:57.980 going to

00:49:58.240 double down

00:49:58.720 on that

00:49:59.200 because of

00:50:00.020 course I say

00:50:00.520 the same

00:50:00.880 thing.

00:50:01.700 I think the

00:50:02.180 biggest existential

00:50:03.260 threat to the

00:50:04.220 country, except

00:50:05.460 for debt,

00:50:06.480 debt's number

00:50:07.080 one, is the

00:50:09.800 teachers unions.

00:50:10.960 Because they're

00:50:12.460 clearly creating

00:50:13.440 a situation in

00:50:14.580 which the

00:50:15.560 test scores are

00:50:16.260 down, learning

00:50:17.140 is down, and

00:50:18.020 America is

00:50:18.580 falling behind

00:50:19.220 its peers.

00:50:20.360 I'm pretty sure

00:50:21.340 that's all the

00:50:21.980 teachers unions.

00:50:23.480 Because if you

00:50:24.240 had any kind

00:50:24.800 of competition,

00:50:27.320 competition almost

00:50:28.640 certainly would

00:50:29.320 have improved

00:50:29.800 things.

00:50:30.860 So given that

00:50:32.200 the teachers

00:50:32.940 union, their

00:50:34.180 two biggest

00:50:35.400 objectives are

00:50:36.660 to benefit

00:50:37.320 teachers, that's

00:50:38.760 what a union

00:50:39.220 does, it

00:50:39.760 benefits the

00:50:40.300 teachers.

00:50:41.240 But in this

00:50:41.920 case, it's a

00:50:42.540 special case

00:50:43.180 where they're

00:50:43.540 also benefiting

00:50:44.340 the Democratic

00:50:45.100 Party.

00:50:46.800 So they're

00:50:47.560 the biggest

00:50:48.260 donors and

00:50:49.040 supporters of

00:50:49.560 the Democratic

00:50:50.000 Party.

00:50:51.080 So if those

00:50:51.960 are your two

00:50:52.420 top priorities,

00:50:54.160 how in the

00:50:54.640 world would you

00:50:55.280 even expect

00:50:56.120 that scores

00:50:57.640 would be

00:50:58.120 better?

00:50:59.540 And they're

00:51:00.180 all performative.

00:51:01.460 You know, that

00:51:01.780 Randy Weingarten,

00:51:03.440 she's the most

00:51:04.100 performative

00:51:04.920 actress you've

00:51:06.380 ever seen.

00:51:06.880 and she

00:51:07.720 gets all

00:51:08.240 excited and

00:51:11.080 she says

00:51:11.660 things that

00:51:12.160 generally might

00:51:14.440 not get

00:51:16.000 through your

00:51:16.400 fact checker.

00:51:18.700 So now she's

00:51:19.700 all upset about

00:51:20.460 the Department

00:51:21.140 of Education

00:51:21.880 being gutted,

00:51:23.940 even though it

00:51:25.180 shouldn't make

00:51:25.660 any difference to

00:51:26.440 the states because

00:51:27.940 the things that

00:51:28.720 matter, they

00:51:29.240 would just hand

00:51:29.760 the money to

00:51:30.260 the states.

00:51:31.000 The things that

00:51:31.820 didn't make any

00:51:32.440 difference to

00:51:32.920 anybody, they'll

00:51:33.560 cut, probably

00:51:35.140 won't make any

00:51:35.760 difference at

00:51:36.240 all.

00:51:37.240 So it just

00:51:38.160 gets rid of

00:51:38.620 some bureaucracy

00:51:39.220 at the federal

00:51:40.320 level.

00:51:41.620 But yeah, I

00:51:42.520 agree with

00:51:42.960 Kevin O'Leary.

00:51:44.200 He's right on

00:51:44.720 the fact that

00:51:46.460 we don't talk

00:51:47.320 about this

00:51:47.840 every day.

00:51:49.520 I think it's

00:51:50.400 because it's

00:51:50.900 this slow

00:51:51.480 moving disaster,

00:51:52.980 sort of like

00:51:53.660 the debt.

00:51:54.920 You know, you

00:51:55.340 could push that

00:51:56.020 debt thing down

00:51:56.900 the road for

00:51:58.140 years, which

00:51:59.120 we did.

00:52:00.060 But at some

00:52:00.960 point, when the

00:52:02.600 amount of interest

00:52:03.440 on the debt is

00:52:04.400 going to be

00:52:04.740 bigger than our

00:52:05.400 spending for

00:52:06.240 national defense,

00:52:07.680 which is sort

00:52:08.280 of where we're

00:52:08.700 at, then

00:52:09.860 suddenly you've

00:52:11.580 got to do a

00:52:12.060 doge or you've

00:52:12.800 got to do

00:52:13.040 something drastic.

00:52:14.480 So I don't

00:52:15.220 know if the

00:52:15.880 schools would

00:52:17.880 ever reach that

00:52:18.500 point because,

00:52:20.460 you know, next

00:52:21.340 year is going to

00:52:22.080 sort of look like

00:52:22.680 this year and the

00:52:23.800 one after, and

00:52:24.720 maybe it's a

00:52:25.200 little worse, but

00:52:26.300 not that much

00:52:27.100 worse.

00:52:28.500 And I don't

00:52:30.240 know that it

00:52:30.700 ever reaches that

00:52:31.480 critical point where

00:52:33.000 you just say,

00:52:33.480 all right, stop

00:52:34.140 everything.

00:52:35.560 We've got to

00:52:36.260 tear this whole

00:52:36.900 system apart one

00:52:38.340 way or another.

00:52:39.000 I don't know how.

00:52:41.220 But I think the

00:52:42.080 main thing is

00:52:43.020 school choice.

00:52:45.400 I would love to

00:52:46.340 think that there's

00:52:46.940 something better

00:52:47.500 than that, but

00:52:49.580 probably at the

00:52:50.720 moment, school

00:52:51.580 choice is the

00:52:52.260 thing.

00:52:53.420 So we'll see if

00:52:54.160 that makes

00:52:54.500 difference.

00:52:55.600 Well, I told

00:52:56.320 you about

00:52:56.800 ActBlue.

00:52:58.380 So ActBlue is

00:52:59.460 the Democrat

00:53:00.540 organization that

00:53:01.480 allegedly is

00:53:03.160 collecting small

00:53:04.300 donations from

00:53:05.360 all over the

00:53:06.920 country and

00:53:08.180 using it to

00:53:09.640 help fund

00:53:10.280 Democrats.

00:53:11.300 But it appears

00:53:12.180 that at least

00:53:13.120 it's partially a

00:53:14.660 money laundering

00:53:15.440 operation.

00:53:17.180 So James O'Keefe

00:53:18.360 found a specific

00:53:21.400 situation where

00:53:22.360 there was one

00:53:23.020 house that

00:53:26.760 donated $16,000

00:53:28.580 to Democrat

00:53:31.660 Jasmine Crockett

00:53:32.700 except they were

00:53:35.520 retired and had

00:53:36.460 no income.

00:53:38.500 So James O'Keefe

00:53:40.260 sent his person

00:53:41.480 to knock on the

00:53:42.300 door and I guess

00:53:43.700 they said, we

00:53:44.400 didn't give any

00:53:44.980 money to Jasmine

00:53:45.940 Crockett.

00:53:46.920 Don't know what

00:53:47.260 you're talking

00:53:47.580 about.

00:53:48.720 And so I do

00:53:50.200 think we have

00:53:50.900 evidence that I

00:53:52.680 find convincing

00:53:53.640 that ActBlue

00:53:56.020 is not

00:53:58.840 acting as

00:53:59.500 blue as

00:54:00.260 they should

00:54:00.720 be.

00:54:01.940 That didn't

00:54:02.780 make any

00:54:03.180 sense.

00:54:04.120 But again,

00:54:05.500 if ActBlue

00:54:07.020 is corrupt

00:54:07.800 and all the

00:54:08.860 NGOs were

00:54:09.620 corrupt and

00:54:10.180 USAID was

00:54:11.240 corrupt and

00:54:12.360 the Biden

00:54:13.200 crime family

00:54:14.080 was corrupt

00:54:14.940 and everything

00:54:16.160 in Congress

00:54:16.760 seems corrupt,

00:54:18.500 thank goodness

00:54:19.160 that 2020

00:54:19.860 election was

00:54:20.600 pristine,

00:54:21.320 huh?

00:54:21.440 To imagine

00:54:23.820 that it's not

00:54:24.920 all corrupt

00:54:25.660 is just such

00:54:27.340 a stretch at

00:54:28.180 this point.

00:54:29.120 When I found

00:54:30.020 out my friend

00:54:30.660 got a great

00:54:31.340 deal on a

00:54:31.980 wool coat from

00:54:32.600 Winners, I

00:54:33.520 started wondering,

00:54:34.900 is every fabulous

00:54:36.220 item I see from

00:54:37.180 Winners?

00:54:37.800 Like that woman

00:54:38.780 over there with

00:54:39.460 the designer jeans.

00:54:40.720 Are those from

00:54:41.560 Winners?

00:54:42.260 Ooh, or those

00:54:43.220 beautiful gold

00:54:43.840 earrings?

00:54:44.720 Did she pay

00:54:45.140 full price?

00:54:46.040 Or that leather

00:54:46.520 tote?

00:54:47.080 Or that cashmere

00:54:47.680 sweater?

00:54:48.260 Or those knee-high

00:54:48.920 boots?

00:54:49.740 That dress?

00:54:50.520 That jacket?

00:54:51.060 Those shoes?

00:54:52.260 Is anyone

00:54:53.020 paying full price

00:54:53.960 for anything?

00:54:55.200 Stop wondering.

00:54:56.460 Start winning.

00:54:57.380 Winners find

00:54:58.200 fabulous for

00:54:59.000 less.

00:55:00.280 Anyway, remember

00:55:01.760 the story about

00:55:02.620 that book that

00:55:05.260 said that Gavin

00:55:06.160 Newsom funded

00:55:08.300 his own bust

00:55:10.080 to be put in

00:55:11.280 the, where

00:55:13.540 would it be?

00:55:14.780 Put in some

00:55:15.720 government building

00:55:16.500 inside the San

00:55:17.360 Francisco City

00:55:18.120 Hall.

00:55:19.320 And remember

00:55:20.760 I told you,

00:55:21.740 huh, that

00:55:22.620 story is a

00:55:23.380 little bit too

00:55:23.960 on the nose.

00:55:25.300 And the

00:55:25.860 too on the

00:55:26.320 nose part is

00:55:27.480 that you

00:55:27.740 imagine that

00:55:28.560 Newsom is

00:55:29.800 sort of

00:55:30.120 narcissistic and

00:55:31.420 you know,

00:55:32.600 would care about

00:55:33.860 that enough

00:55:34.440 that he would

00:55:35.680 fake that

00:55:37.520 other people

00:55:38.160 wanted the

00:55:38.740 bust.

00:55:39.100 Oh, it's

00:55:39.520 other people,

00:55:40.160 not me.

00:55:40.600 so it

00:55:42.980 was, the

00:55:43.420 story was a

00:55:44.040 little too

00:55:44.380 perfect.

00:55:45.360 And then I

00:55:46.120 told you that

00:55:46.880 books about

00:55:48.300 this sort of

00:55:48.880 thing are

00:55:49.400 kind of low,

00:55:50.860 low credibility.

00:55:53.200 If you've seen

00:55:54.140 all the books

00:55:54.660 about, you

00:55:55.840 know, the

00:55:56.660 Trump

00:55:57.000 administration,

00:55:58.780 you know that

00:55:59.480 most of those

00:56:00.080 are just total

00:56:01.020 bullshit.

00:56:02.120 So why would

00:56:03.060 it be different

00:56:03.680 if somebody

00:56:05.140 wrote a book

00:56:05.640 about Democrats?

00:56:06.620 Well, I

00:56:08.840 mean, I

00:56:09.180 don't know

00:56:09.640 what percentage

00:56:10.240 of the book

00:56:10.620 was accurate

00:56:11.180 and what it

00:56:11.640 wasn't, but I

00:56:12.840 did warn you

00:56:13.540 that there's

00:56:14.300 going to be

00:56:14.580 another side

00:56:15.200 to that

00:56:15.520 story.

00:56:16.660 And sure

00:56:16.940 enough,

00:56:18.760 Newsom has

00:56:19.280 basically denied

00:56:20.340 that he had

00:56:20.820 anything to do

00:56:21.420 with funding

00:56:21.820 it.

00:56:22.460 There were

00:56:23.040 some entities

00:56:23.620 connected with

00:56:24.500 Newsom that

00:56:25.600 gave some

00:56:26.080 money.

00:56:26.900 He may or

00:56:27.400 may not have

00:56:27.840 known about

00:56:28.320 it.

00:56:28.940 He did pose

00:56:30.100 for the bust,

00:56:31.060 so he knew

00:56:31.500 the bust was

00:56:32.040 being done.

00:56:33.100 But I

00:56:33.840 kind of believe

00:56:34.440 him that he

00:56:35.940 wasn't really

00:56:36.480 directly involved

00:56:37.360 in funding

00:56:37.900 it.

00:56:40.840 So just

00:56:42.320 know there's

00:56:42.820 always two

00:56:43.260 stories.

00:56:44.320 So that one,

00:56:45.560 I think,

00:56:46.000 maybe leans

00:56:47.120 in his

00:56:47.500 direction.

00:56:49.780 Recently

00:56:50.380 found out,

00:56:52.000 according to

00:56:52.460 Just the

00:56:53.020 News,

00:56:54.360 that during

00:56:55.380 the time

00:56:55.920 that Barack

00:56:56.420 Obama was

00:56:56.920 president and

00:56:57.580 Biden was

00:56:58.120 vice president,

00:56:59.660 that a lot

00:57:00.160 of highly

00:57:01.620 secure things

00:57:02.620 were just

00:57:03.060 emailed to

00:57:03.780 Biden with

00:57:04.460 his private

00:57:04.960 email.

00:57:06.480 So Biden,

00:57:09.960 the guy who

00:57:10.620 had these

00:57:11.280 stacks of

00:57:11.860 boxes of

00:57:13.600 secure stuff

00:57:15.180 in his

00:57:15.480 garage,

00:57:17.220 apparently was

00:57:18.020 just using

00:57:18.580 his regular

00:57:19.160 email that

00:57:20.220 was at an

00:57:21.440 alias,

00:57:22.360 but they

00:57:22.680 were just

00:57:22.920 emailing him

00:57:23.740 important national

00:57:25.640 secrets,

00:57:27.340 highly sensitive

00:57:28.440 things,

00:57:28.980 just on email.

00:57:30.620 Now,

00:57:31.480 don't you

00:57:32.080 assume that

00:57:33.560 that means our

00:57:34.320 adversaries

00:57:35.060 capture that?

00:57:36.980 Is there

00:57:37.520 much chance

00:57:38.300 that the

00:57:39.700 best hackers

00:57:40.480 in other

00:57:40.940 countries can't

00:57:42.340 get into

00:57:42.700 regular email?

00:57:45.080 I don't

00:57:45.360 know.

00:57:45.800 It's just

00:57:46.180 amazing.

00:57:47.040 The level

00:57:47.680 of incompetence

00:57:48.760 from the

00:57:50.560 whole Biden

00:57:52.020 situation is

00:57:53.460 just incredible.

00:57:55.280 well,

00:57:57.820 according to

00:57:58.300 Bloomberg,

00:57:59.920 the Trump

00:58:02.480 administration is

00:58:03.360 going to follow

00:58:03.900 up on something

00:58:04.760 that the Biden

00:58:05.460 administration

00:58:06.060 started,

00:58:06.880 which means

00:58:07.420 that it's a

00:58:08.000 bipartisan

00:58:08.420 thing,

00:58:09.660 to go after

00:58:11.120 Microsoft for

00:58:12.200 antitrusts.

00:58:12.760 antitrusts.

00:58:14.120 Now,

00:58:14.760 I don't know

00:58:15.080 what that

00:58:15.360 includes,

00:58:16.100 because Microsoft

00:58:16.820 is such a

00:58:17.480 big,

00:58:18.000 sprawling

00:58:18.440 organization,

00:58:19.500 but there

00:58:20.120 have always

00:58:20.740 been allegations

00:58:22.200 that they

00:58:22.780 were involved

00:58:24.280 in some

00:58:24.700 kind of

00:58:25.420 anti-competitive

00:58:26.400 stuff.

00:58:27.040 So I don't

00:58:27.460 know what

00:58:27.740 these specific

00:58:28.440 allegations are,

00:58:29.320 but it's

00:58:30.160 notable that

00:58:32.100 the Biden

00:58:32.600 administration

00:58:33.200 started it,

00:58:34.160 and the

00:58:34.620 Trump

00:58:34.920 administration

00:58:35.560 is going

00:58:36.920 to continue

00:58:37.420 it.

00:58:38.400 So it

00:58:39.720 does suggest

00:58:40.340 that there's

00:58:40.800 something there.

00:58:41.440 we'll find

00:58:42.380 out how

00:58:42.760 much that

00:58:43.140 matters.

00:58:45.120 According to

00:58:45.780 the Washington

00:58:46.260 Examiner,

00:58:47.500 there's a

00:58:48.100 study out of

00:58:48.660 Wisconsin that

00:58:49.360 shows that

00:58:49.900 requiring voter

00:58:51.040 ID does not

00:58:52.440 suppress the

00:58:53.160 vote ahead of

00:58:53.940 ballot decisions.

00:58:55.360 Now, I don't

00:58:55.960 know that they

00:58:56.420 can really study

00:58:57.180 that, but they

00:58:58.140 found out that

00:58:58.980 when they

00:58:59.960 enacted voter

00:59:01.240 ID laws in

00:59:02.020 Wisconsin,

00:59:03.420 their turnout

00:59:03.940 increased by

00:59:04.880 1.5%.

00:59:06.160 But do you

00:59:09.120 see what's

00:59:09.460 wrong with

00:59:09.840 that?

00:59:10.080 it increased

00:59:11.780 by 1.5%.

00:59:13.160 The real

00:59:15.380 question is,

00:59:16.180 how much

00:59:17.140 would it

00:59:17.480 have increased

00:59:18.260 by itself?

00:59:21.360 So it's

00:59:22.560 not like

00:59:22.920 voter ID

00:59:23.540 increased it.

00:59:25.820 And if the

00:59:26.760 argument is

00:59:27.420 that voter

00:59:28.160 ID would

00:59:28.700 suppress it,

00:59:30.140 then really

00:59:32.080 what you need

00:59:32.620 to know is,

00:59:33.260 well, if it

00:59:33.980 was 1.5%

00:59:34.900 with voter

00:59:35.460 ID, what

00:59:36.000 would it

00:59:36.340 have been

00:59:36.580 without

00:59:36.900 voter ID?

00:59:37.440 Now, since

00:59:39.020 I'm completely

00:59:40.500 in the camp

00:59:41.180 that says

00:59:41.780 voter ID

00:59:42.460 is required,

00:59:44.000 and I don't

00:59:44.340 think there's

00:59:44.780 a single

00:59:45.200 person who

00:59:46.000 doesn't,

00:59:46.640 I don't think

00:59:47.400 there's a

00:59:47.820 single person

00:59:48.560 who's a

00:59:49.700 legal resident,

00:59:51.000 wants to

00:59:51.680 vote, and

00:59:53.100 can't figure

00:59:53.580 out how to

00:59:53.980 get an ID.

00:59:54.980 I just don't

00:59:55.860 think they

00:59:56.200 exist.

00:59:57.300 So I agree

00:59:58.720 with the

00:59:59.760 conclusion of

01:00:00.360 the study,

01:00:00.920 although I

01:00:01.320 don't think

01:00:01.620 they studied

01:00:02.180 it in a way

01:00:02.880 that I find

01:00:03.440 compelling.

01:00:03.940 But I

01:00:06.160 agree, there's

01:00:06.940 no way that

01:00:07.460 voter ID is

01:00:08.100 a bad

01:00:08.360 thing.

01:00:09.920 According to

01:00:10.860 Technical

01:00:11.620 University of

01:00:12.420 Munich, some

01:00:14.700 people figured

01:00:15.300 out how to

01:00:15.740 make AI

01:00:16.680 learning 100

01:00:18.140 times faster.

01:00:19.820 You've probably

01:00:20.280 heard, how

01:00:21.160 many times have

01:00:21.720 I told you a

01:00:22.500 story like

01:00:22.960 that?

01:00:24.180 But this

01:00:24.900 one is,

01:00:26.100 instead of

01:00:26.620 using their

01:00:27.200 usual iterative

01:00:28.180 method of

01:00:28.960 training, they

01:00:29.960 have some

01:00:30.240 kind of

01:00:30.620 probabilistic

01:00:31.720 scheme.

01:00:33.940 And they

01:00:34.700 can get

01:00:35.140 just as

01:00:35.840 good responses

01:00:36.520 by not

01:00:38.300 just doing

01:00:38.980 everything, but

01:00:40.040 rather probabilistically

01:00:41.560 knowing what to

01:00:42.960 do to train

01:00:44.340 it.

01:00:44.960 So that's the

01:00:45.740 idiot's

01:00:46.160 explanation.

01:00:46.940 Just know that

01:00:47.520 there's something

01:00:48.080 out there that

01:00:48.740 already works.

01:00:50.040 It's not

01:00:50.780 speculative, it

01:00:51.640 already works.

01:00:52.520 And it

01:00:53.320 increases the

01:00:54.740 efficiency by

01:00:55.800 100 times.

01:00:57.580 Now, this is

01:00:58.820 just one of

01:00:59.300 many stories

01:01:00.140 that I've read

01:01:02.000 that have that

01:01:02.500 same quality.

01:01:03.200 It's like, oh,

01:01:04.100 there's a new

01:01:04.680 chip, there's

01:01:05.420 new DeepSeek.

01:01:07.160 DeepSeek is

01:01:07.820 one of those

01:01:08.320 that's a whole

01:01:10.020 different way to

01:01:10.740 train cheaper.

01:01:12.100 So I've got a

01:01:12.820 feeling that the

01:01:13.440 cost of getting

01:01:15.280 into the AI

01:01:16.160 business is

01:01:17.240 going to drop

01:01:17.800 to the point

01:01:18.400 where I don't

01:01:21.260 even know if

01:01:21.640 the big companies

01:01:23.180 can keep any

01:01:23.920 kind of

01:01:24.260 advantage.

01:01:25.440 At some

01:01:26.260 point,

01:01:27.900 especially if

01:01:29.400 you have

01:01:29.620 AIs that are

01:01:30.260 being trained

01:01:30.740 on other

01:01:31.160 AIs,

01:01:32.260 I feel like

01:01:33.240 it's going

01:01:33.540 to be hard

01:01:33.960 for the

01:01:34.420 biggest AI

01:01:35.280 companies to

01:01:36.040 keep a moat

01:01:36.840 to keep

01:01:38.340 other people

01:01:39.180 from just

01:01:39.700 knocking them

01:01:40.320 off.

01:01:41.440 So we'll

01:01:42.100 see.

01:01:44.900 There's a

01:01:45.580 story I wasn't

01:01:46.240 going to get

01:01:46.580 into about a

01:01:48.880 specific police

01:01:49.800 chief who

01:01:51.880 happened to be

01:01:53.360 the chief of

01:01:53.960 police in Las

01:01:54.660 Vegas at the

01:01:56.000 same time as

01:01:56.780 Stephen Paddock

01:01:57.860 did that mass

01:01:58.960 shooting of the

01:01:59.920 music festival.

01:02:01.640 But then he

01:02:02.580 left that job

01:02:03.580 and he went to

01:02:04.200 Maui where he

01:02:05.960 became the

01:02:06.460 police chief

01:02:07.140 during the

01:02:07.700 Lahaina fire.

01:02:10.460 Now, how

01:02:11.520 could anybody

01:02:12.240 be that

01:02:12.780 unlucky?

01:02:14.340 You know,

01:02:14.580 imagine being

01:02:15.100 the police chief

01:02:15.780 in Las Vegas.

01:02:16.760 You're thinking,

01:02:17.480 ah, Las

01:02:18.740 Vegas seems

01:02:20.280 like a pretty

01:02:20.780 good place to

01:02:21.360 be a police

01:02:21.800 chief.

01:02:22.400 And then you

01:02:22.880 have the biggest

01:02:23.380 mass shooting

01:02:24.120 and of course he

01:02:24.800 was blamed for,

01:02:25.700 you know, not

01:02:27.060 investigating it

01:02:28.240 enough.

01:02:29.140 And then he

01:02:29.900 goes to Maui

01:02:30.780 and he's thinking

01:02:31.560 to himself,

01:02:32.500 nothing ever

01:02:33.040 happens in Maui.

01:02:34.780 I mean, it's

01:02:35.160 basically no

01:02:35.880 crime.

01:02:37.160 So, and then

01:02:37.860 there's the

01:02:38.260 Lahaina fire and

01:02:39.720 I guess he got

01:02:40.740 some criticism for

01:02:41.640 that.

01:02:42.400 But now he's

01:02:43.360 been named as a

01:02:44.380 co-defendant in

01:02:46.080 a lawsuit that

01:02:48.140 involves Sean

01:02:50.080 Diddy Combs.

01:02:52.160 How could one

01:02:53.180 person get in

01:02:53.940 that much trouble?

01:02:55.700 How is it even

01:02:56.560 possible that one

01:02:58.140 person could go

01:02:59.040 from the Las

01:03:00.320 Vegas shooting to

01:03:01.240 the Lahaina fire

01:03:02.220 to getting in

01:03:03.500 trouble with

01:03:04.040 Diddy?

01:03:07.880 And by the

01:03:08.860 way, I don't

01:03:10.220 have a criticism

01:03:11.560 of this police

01:03:12.540 chief.

01:03:13.460 It could be just

01:03:14.260 really bad luck.

01:03:15.620 You know, it

01:03:15.920 could be that the

01:03:16.700 Diddy thing is

01:03:17.520 just an association

01:03:18.680 of an association

01:03:19.780 and doesn't mean

01:03:20.780 anything.

01:03:21.060 It could be

01:03:22.200 that the Las

01:03:23.540 Vegas and

01:03:24.140 Lahaina thing,

01:03:25.460 everybody's

01:03:26.020 criticizing everybody

01:03:27.040 so maybe it

01:03:27.720 wasn't that bad.

01:03:29.100 But that's a

01:03:30.400 heck of a lot

01:03:30.900 of trouble for

01:03:31.520 one person to

01:03:32.200 be into.

01:03:33.800 Well, yeah, I

01:03:34.900 see in the

01:03:35.300 comments somebody

01:03:35.920 saying he's

01:03:36.460 corrupt.

01:03:37.520 But really?

01:03:38.820 To me, that

01:03:39.560 just looks like

01:03:40.160 horrible luck.

01:03:41.840 You know, whether

01:03:42.220 or not he did a

01:03:43.040 good job in those

01:03:43.820 cases, I can't

01:03:45.060 judge.

01:03:45.720 But that looks

01:03:46.480 like really

01:03:47.020 bad luck.

01:03:48.440 Anyway, we'll

01:03:49.300 keep an innocent

01:03:51.560 to proven guilty

01:03:52.840 opinion on that.

01:03:56.060 All right.

01:03:59.060 That, ladies and

01:03:59.960 gentlemen, is all

01:04:00.680 I have today.

01:04:02.900 I guess we'll

01:04:03.700 watch the tariffs.

01:04:04.540 The tariffs will

01:04:05.220 be on.

01:04:05.620 The tariffs will

01:04:06.160 be off.

01:04:07.200 But I'm quite

01:04:08.220 convinced that what

01:04:09.720 Trump is doing with

01:04:10.620 tariffs is looking

01:04:12.120 better and better.

01:04:13.560 And I feel like I

01:04:14.880 also understand it

01:04:16.040 now.

01:04:17.380 And by

01:04:17.700 understanding it,

01:04:18.820 I said this

01:04:19.700 yesterday, I

01:04:21.180 think what he's

01:04:21.720 doing is making

01:04:22.380 sure that other

01:04:23.100 countries treat it

01:04:24.140 like it's their

01:04:24.780 top priority to

01:04:26.620 figure out how

01:04:28.100 to deal with us

01:04:29.040 in terms of

01:04:30.460 trade.

01:04:31.420 And if that's

01:04:32.400 the only thing

01:04:33.140 the tariffs do is

01:04:34.700 scare the

01:04:35.280 bejesus out of

01:04:36.180 other countries and

01:04:37.240 they say, all

01:04:37.780 right, all

01:04:38.060 right, let's

01:04:38.980 talk about, you

01:04:40.260 know, our whole

01:04:40.760 tariff situation.

01:04:42.600 That's a big

01:04:43.320 win.

01:04:45.020 Because the way

01:04:46.360 it looks, now

01:04:47.400 this might be

01:04:47.960 just the

01:04:48.360 American spin on

01:04:49.400 things, but the

01:04:50.400 way it looks is

01:04:51.960 that we have been

01:04:52.780 screwed by other

01:04:53.680 countries for a

01:04:56.080 long time.

01:04:57.700 And if we sat

01:04:58.680 down and said,

01:04:59.260 all right, look at

01:04:59.740 all the things you're

01:05:00.420 doing to us and

01:05:02.000 look at the few

01:05:03.100 things we're doing

01:05:03.820 to you, this is

01:05:04.780 totally imbalanced.

01:05:06.480 I don't think that

01:05:07.640 any country wanted to

01:05:08.720 have that conversation

01:05:09.700 because I thought

01:05:11.080 that, you know, it

01:05:11.840 feels like they all

01:05:12.600 thought they were

01:05:13.020 getting away with a

01:05:13.700 little bit of

01:05:14.120 something.

01:05:15.400 And if Trump

01:05:16.380 only just shines

01:05:17.480 this giant light

01:05:18.440 on the imbalance

01:05:20.200 of the tariffs,

01:05:22.640 it seems to me

01:05:23.520 there's a good,

01:05:24.600 good chance that

01:05:26.840 he'll be able to

01:05:27.600 negotiate better

01:05:28.440 deals than we

01:05:29.060 have.

01:05:30.100 And that would

01:05:31.300 be amazing for

01:05:33.700 our economy, just

01:05:34.680 amazing.

01:05:35.640 The other thing

01:05:36.300 is, you know, I

01:05:37.440 mentioned earlier

01:05:38.060 that Lutnick talked

01:05:39.760 about a sort of a

01:05:41.880 fee just to join the

01:05:43.160 club to sell to

01:05:44.060 America.

01:05:45.480 Maybe that's the

01:05:46.420 faster way to do

01:05:47.320 it.

01:05:47.960 Instead of negotiating

01:05:49.180 every single

01:05:49.880 tariff, maybe that's

01:05:51.400 just too much work

01:05:52.360 and there's lots of

01:05:53.120 complexity there.

01:05:54.300 You just say, here's

01:05:55.460 the deal.

01:05:56.020 If you want to be in

01:05:56.940 our market, this is

01:05:58.460 what you're going to

01:05:58.900 pay per year.

01:06:00.680 Maybe.

01:06:01.940 So I like the fact

01:06:03.080 that he's putting all

01:06:03.740 those ideas out there.

01:06:04.840 It's all negotiable.

01:06:06.180 But if the one thing

01:06:07.700 that Trump did was

01:06:08.900 make sure that the

01:06:09.660 other countries dropped

01:06:11.280 their other priorities

01:06:12.400 and said, uh-oh,

01:06:13.760 uh-oh, we can't

01:06:15.300 really go a month

01:06:16.120 with a 50% or a

01:06:17.860 200% tariff on a

01:06:20.000 key industry, so

01:06:20.960 we're going to need

01:06:21.700 to deal with this

01:06:22.340 right away, that's

01:06:23.660 all he needs.

01:06:24.860 All he needs is I

01:06:26.580 want your complete

01:06:27.520 attention.

01:06:29.040 What is it that I've

01:06:30.040 taught you about

01:06:30.720 persuasion?

01:06:33.140 Do you remember the

01:06:34.020 first rule of

01:06:34.760 persuasion?

01:06:36.420 It's the first rule.

01:06:38.340 It's the big one.

01:06:40.080 You've got to get

01:06:40.900 their attention.

01:06:42.980 It's by far the most

01:06:44.500 important one.

01:06:45.480 Because if you don't

01:06:46.180 get somebody's attention,

01:06:47.540 it doesn't matter if

01:06:48.940 you're repeating and

01:06:49.980 doing all the right

01:06:50.700 things, they're just

01:06:51.500 not paying attention.

01:06:53.000 So Trump took this

01:06:54.800 situation where really

01:06:56.280 nobody was paying

01:06:57.120 attention and made

01:06:58.960 everybody pay attention.

01:07:00.640 So if you want to

01:07:01.940 score it on persuasion,

01:07:04.760 phase one, get their

01:07:06.800 attention, 100%.

01:07:08.520 A+.

01:07:10.020 A+.

01:07:11.560 Now that doesn't

01:07:12.520 mean everything's

01:07:13.160 going to work out.

01:07:15.220 But if you were

01:07:16.800 just going to score

01:07:17.860 phase one, 100%

01:07:20.280 success.

01:07:21.680 Everybody's paying

01:07:22.400 attention.

01:07:23.400 Everybody put it at

01:07:24.340 their top priority.

01:07:25.740 Everybody is

01:07:26.460 responding.

01:07:28.040 They're, of course,

01:07:28.840 putting up a fight.

01:07:30.160 But boy, are they

01:07:31.080 paying attention.

01:07:32.880 So that's an A+.

01:07:35.540 And I think that's

01:07:37.180 why Goldman Sachs and

01:07:39.080 other big business

01:07:40.980 people are giving

01:07:42.700 Trump some room to

01:07:43.880 operate.

01:07:44.640 Because I think they

01:07:45.540 completely understand

01:07:46.540 this.

01:07:47.560 First, you get their

01:07:48.480 attention.

01:07:49.680 And then we'll see

01:07:50.220 what happens.

01:07:51.880 So that's all I got

01:07:52.940 today.

01:07:53.380 I'll talk to the

01:07:54.140 locals people privately.

01:07:56.000 For the rest of you,

01:07:57.980 YouTube and Rumble and

01:07:59.220 X, I'll see you tomorrow

01:08:00.200 at the same time, same

01:08:01.420 place.

01:08:01.820 Thanks for joining.

Real Coffee with Scott Adams - March 13, 2025

Episode 2777 CWSA 03⧸13⧸25

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