Scott Adams talks about UFO sightings near the Mexican border, the new Pope, and why willpower is fake and imaginary. Plus, the latest on the stock market and the latest in the UFO craze. Scott Adams is a stand-up comedian and host of the podcast "Coffee with Scott Adams" on the pod.
00:02:09.580I do not think the aliens are at the border.
00:02:14.120Why would the aliens even be there, of all places, for them to be?
00:02:18.300Well, according to Eric Dolan and Psy Post, did you know that left-wing authoritarians are less likely to support physically strong men as their leaders?
00:02:33.760So if you're a left-wing person, you don't like leaders that are physically strong.
00:02:39.860But if you're a right-wing person, you like them strong.
00:02:43.980How many people are surprised by that?
00:02:46.160Not, you know, I really think that politics is just a difference in testosterone sometimes, at least, you know, the male version of politics.
00:02:59.580I can't judge for women, but for men, it's kind of testosterone.
00:03:06.460The Republicans are high testosterone.
00:03:16.160Well, did you know that the weight-loss drugs, liraglutide and semaglutide, make a huge difference in reducing your alcohol consumption without any extra effort?
00:03:34.500So the patients say it doesn't take any effort.
00:09:34.680So, but you can also see that Trump seems to be willing to do things that are good for America and Americans, even if Israel doesn't love it.
00:09:45.900So there's definitely a new world out there.
00:09:49.460Trump is certainly going his own way and probably never appreciated all the people who said that, you know, the government is a puppet of Israel.
00:09:58.560Because at the moment, it doesn't look like it.
00:10:01.620At the moment, it looks like Trump's doing his own thing and Israel is going to have to do their own thing.
00:10:45.520Trump is also signing, I think today, if he hasn't already done it, might be any minute now.
00:10:50.240He's going to sign an executive order to lower pharmaceutical costs.
00:10:56.620And the executive order will require the drug companies to offer the pharmaceuticals to American consumers at the lowest price that they sell it anywhere.
00:11:08.680So if the Elbonians are paying less than we are, then we get the Elbonian price.
00:11:16.340Now, I didn't know you could do that with an executive order, but I guess he's going to try.
00:11:21.140So this will be funny because will this cause the Democrats to be in favor of higher prices for pharmaceuticals?
00:11:30.640And how are they going to explain that Biden couldn't do this if it works?
00:11:36.480I mean, I imagine there'll be some kind of challenges from the pharmaceutical people.
00:11:40.300But it turns out it gets kind of complicated because there are things called PBMs.
00:11:48.120How many of you would even know what that is?
00:11:55.600And it's this big middleman entity that is between the pharmaceutical companies and the big health care companies and even the government, Medicaid and everything else.
00:12:07.460So that these middle people, these pharmacy benefit managers or PBMs, they – I had to go to Grok to find out exactly what they do.
00:12:19.640But they manage prescription drug benefits for health insurance plans and employers, et cetera.
00:12:28.040And they act as a middleman between drug manufacturers, pharmacies, insurers, and patients.
00:12:33.980And here's the key, with the goal of controlling costs and administering drug coverage.
00:12:41.420And they play a significant role in the U.S. prescription drug supply chain.
00:12:46.040But, but, they're often criticized for opaque practices that can inflate costs.
00:12:54.120So the pharmaceutical companies immediately said, wait, don't blame us for these high costs.
00:13:00.440It's because the middlemen are sort of inflating the costs.
00:13:06.280Now, that seems to be partly true, meaning that there's no doubt that the middleman is getting a cut.
00:13:14.460And it's also true that they're opaque, meaning that if you ask them for details of what they do or why they do it or can you show me your price sheet or – they won't show you that stuff.
00:13:25.320So, so they operate as a big black hole.
00:13:30.460And there does seem to be some indication that they're part of the problem of the higher prices.
00:13:38.120Now, you might say, well, they're a middleman, so they're supposed to take their cut, which is true.
00:13:44.720But you can't really monitor whether they're cut makes sense or it's too high because if you try to ask them questions, you would get nothing.
00:14:16.720And he weighed in on this, and he had a lot to say about the PBMs, these middlemen.
00:14:22.980Now, I won't read you his whole explanation of how bad they are, but if any of what he said about them is true, and I think it is, they're pretty bad.
00:14:35.920And so there's some kind of fix that will be needed for these PBMs if we just let – well, I guess it's a free market, so they can do what they want.
00:14:49.960But you should see what Mark Cuban says about them because if you're trying to understand the whole pharmaceutical, why our price is so high, he's got a lot that contributes to that.
00:15:03.820So I think he should be – you should really pay attention to him on this topic because it's one that he knows a lot about.
00:15:15.360Well, so that's going to make the prices come down.
00:15:20.100So in other news, Futurism is reporting that the FDA is going to start using AI to speed up the approval of drugs.
00:15:34.820Now, you might say to yourself, but wait, AI hallucinates.
00:15:39.200Is AI going to say my drug is safe when it isn't?
00:15:42.100Well, they're still going to have to check the work of the AI to make sure it's not hallucinating.
00:15:48.400But apparently, you can speed through the analysis and do in minutes what would take days for a human to do.
00:15:56.100So I don't know if they have a lot of wrinkles they have to iron out of this, but they seem to be very optimistic about it.
00:16:05.840It does seem to me that it's the perfect application for AI because it's wildly complicated every time there's a new trial and a new drug and all the rest.
00:16:18.500So, yeah, AI to accelerate the FDA approvals.
00:16:22.640Probably there's going to be some problems, you know, because it's such a big change.
00:16:30.740I mean, it seems like that's exactly the place AI should make a difference.
00:16:34.600Breitbart is reporting that Trump signed four bills on Friday where he's rolling back some Biden regulations on appliances like water heaters and refrigerators and walk-in coolers and some other household appliances.
00:16:51.620Now, the Biden regulations were, of course, to reduce energy consumption, I believe.
00:17:01.340So that would lower the cost of those devices.
00:17:04.600So now we've got Trump lowering the cost of big pharma, lowering the cost of household appliances, lowering the cost of eggs, gas, and a lot of other things.
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00:22:44.560Well, Apple is apparently, according to the Wall Street Journal, thinking about raising the price of their iPhones, but without blaming tariffs.
00:23:08.480Apple is kind of a clever company in terms of how they cover their public relations.
00:23:47.180But my big question would be, what would Steve Jobs do in this situation?
00:23:51.920Would Steve Jobs be handling this completely differently in some out-of-the-box way that we can't imagine?
00:23:58.100I feel like he would, but of course I can't guess what he would have done, because that's what made him Steve Jobs, and we're not Steve Jobs.
00:24:09.200But I feel like he would have handled this whole tariff China stuff differently.
00:29:32.860And if it's like everything else, nobody's going to go to jail.
00:29:35.740But it's going to be yet another bad news cycle for Democrats because there's nothing good that can come out of that story except for Republicans.
00:29:45.940According to the Rasmussen poll, Trump's overall approval rating is 50% with likely voters.
00:29:56.600But here are some subcategories on that poll that are mind-blowing.
00:30:02.460He's got, according to Rasmussen, Hispanic supporters at 62% and Black at 39%.
00:30:10.000If those numbers are real, and I'm kind of skeptical about that, that would be just mind-blowing.
00:35:15.900One is he does build his own resorts and stuff, but he also just licenses his name to other people who are going to do it.
00:35:24.840So are you comfortable with him doing business as a president with these same countries where there are very large investments that benefit the Trump family?
00:36:08.400And there's something about the UAE and the Royal Family Fund and something about Trump-related crypto stablecoins that I don't understand.
00:36:19.000But it looks like something to worry about, something to keep an eye on.
00:36:25.680And then on top of that, the Qataris have offered to, I won't say give, yeah, I guess it's a gift,
00:36:37.160a gift to the United States of a plane that would replace Air Force One.
00:36:42.920Now, you might say to yourself, why do you need to do that?
00:36:46.700Well, the Air Force Ones that we have, I think there might be two of them, but they're like 35 to 40 years old.
00:36:54.080And Trump has had an order in for a new one for a long time, but it looks like it'll be seven to 10 years before the new ones get built,
00:37:03.300so you'd never be able to see the benefits.
00:37:05.580But the Qataris have a plane that apparently they're willing to part with, a new one.
00:37:10.140And they said, why don't we give it to the Air Force?
00:37:15.980So it's not Trump's gift exactly, it'd be given to the Air Force.
00:37:19.980And then somehow later it would be donated to the Trump Library for his use.
00:40:58.380So we're going to hear a lot more about this Qatari plane.
00:41:01.860I think Congress says they have to approve it.
00:41:03.960I think the Democrats are going to complain so much that it gets killed.
00:41:07.740If I had to guess, it's not more than a 50% chance that that Qatari plane will actually become something that Trump's riding on.
00:41:18.580I think there'll be enough screaming and kicking from Democrats, or maybe even Republicans would think it looks wrong.
00:41:25.980In another news, you know what birthright citizenship is, right?
00:41:34.320So that question is coming to the Supreme Court.
00:41:37.780Now, birthright citizenship is in the Constitution, and it means that if you're born in this country, with very rare exceptions, you are a citizen automatically.
00:41:52.280Now, Trump wanted to end that, so you've got some legal challenges to the ending of it, and it's going to go to the Supreme Court.
00:42:02.420Now, if you're like me, you say, and you've read the actual language of the Constitution, it doesn't look like there's any wiggle room at all.
00:42:14.340To me, it looks like the Constitution is super clear.
00:42:18.700If you're born here, you know, with some exceptions that aren't relevant to this, if you're born here, you're a citizen.
00:42:27.080Now, I'm not saying that's good or bad.
00:42:28.960I'm just saying that when I read the Constitution, it looks kind of cut and dried, like there's no way you could challenge it.
00:42:37.740But, of course, that's what lawyers are for.
00:42:40.960They always have a way to challenge everything.
00:42:43.400And here's the way they're going to challenge it.
00:42:46.740So the Citizenship Clause says it applies to children born in the USA who are, quote, subject to the jurisdiction thereof.
00:42:57.960Now, that would disqualify, for example, a diplomat's child.
00:43:05.420So if there were a diplomat working in the United States, the diplomats are not subject to our laws.
00:43:11.620So a diplomat can break a law in America, and we don't do anything about it because they're not subject to our laws.
00:43:17.920But their child is also, therefore, since it's not subject to our jurisdiction, their child is not automatically American.
00:43:27.240And I think there's some Native American exceptions, et cetera.
00:43:31.160But here's how they're trying to argue that this subject to the jurisdiction thereof applies to the immigrant population.
00:43:41.000And they say it's analogous to Native Americans.
00:43:46.340And you know what I always say about analogies.
00:44:00.620And they're saying that the non-citizens are, I guess this would be the babies, too, are intentionally entered the country without authorization and likewise refused to, quote, formally present themselves to American authorities.
00:44:18.760So, does that make you subject to the jurisdiction thereof?
00:44:26.760Well, to me, this is the worst argument ever, and I'm not even a lawyer.
00:44:31.360Because the subject to the jurisdiction thereof is more about America thinks you're subject to our jurisdiction.
00:44:39.460It's not about what the immigrant thinks.
00:44:41.440If the immigrant comes in and they act like they're not subject to our jurisdiction or they think they're not, that has nothing to do with anything.
00:44:55.780So if we say you are subject to our jurisdiction and if we catch you doing illegal things, we're going to put you in jail, I think that's the end of the story.
00:46:07.700It's something that Musk said a little while ago.
00:46:12.620So I think that Musk is smart to stay quiet on all the political stuff, which he's been doing.
00:46:20.960But I'm skeptical of all the Doge claims that sound a little too clever.
00:46:26.100You know, that one's just a little too on the nose, you know.
00:46:28.960So it might be true, but there have been so many of the Doge claims that sort of didn't pan out that I'm just going to say, well, that's what he claims.
00:46:43.360Apparently, India and Pakistan, their ceasefire seems to be holding.
00:46:47.740It didn't hold at first, but now it is.
00:46:49.660That would look like a victory for Trump because the American, I think Marco Rubio and his team, were working on making sure that India and Pakistan didn't blow each other up.
00:47:04.380Now, the thing I would say about India and Pakistan is they really didn't want to be in a war.
00:47:12.100They really, really didn't want to be in a war because there's just no way that that's going to be good for either one of them.
00:47:18.900But what they needed was the fake because.
00:47:22.260They needed some external thing to, you know, talk them off the roof so it didn't look like they were backing down.
00:47:28.720So America just comes in with its big footprint and says, hey, you guys, knock it off.
00:47:35.280We'll help you, you know, hold this ceasefire or something.
00:47:39.000So this is where America can really be useful.
00:47:43.300It was just something that Pakistan and India both needed.
00:47:46.740They just needed somebody who wasn't either Pakistan or Indian to come in and put a big boot on it and say, you know, cut it out.
00:48:03.680If the peace holds, I'd say that's an American win as well as obviously a bigger win for India and Pakistan.
00:48:09.840Speaking of war, apparently President Zelensky says he's ready to meet Putin in Turkey.
00:48:20.040So I don't know if there'll be any ceasefiring before then or during then.
00:48:25.460But Zelensky and Putin are going to meet.
00:48:29.100And that, of course, would be good for America and certainly something that Trump has been pushing for, get them to talk.
00:48:38.900And it gets America out of the conversation, which is sort of perfect, you know, because I think we would just complicate things at this point.
00:48:49.260So those two just need to work it out.
00:48:52.240I guess Germany's new government is already threatening Russia that if they don't do a ceasefire, they're going to put new sanctions on them.
00:49:03.080So Germany is trying to be helpful there.
00:49:05.320And, of course, the Ukrainians and the Russians are just full-on drone war on the front.
00:49:21.560So, ladies and gentlemen, I think you can see that this is one of the best weeks that Trump has ever had.
00:49:28.980And if half of these things go in the right direction, you know, if the wars look like they're winding down, the prices of stuff look like they're winding down.
00:49:41.160And did I mention, did I mention that China and the United States have agreed to delay for 90 days the big tariffs?
00:49:51.640So both countries have pulled back their tariffs.
00:49:54.840Now, that's probably the big reason the market is up.