April 11, 2025 • 46 mins
The gang discuss tariff chaos, the IRS handing over data to ICE, student visa cancellations, “lethality” in the military, and the Supreme Court.
Sources:
https://bsky.app/profile/reichlinmelnick.bsky.social/post/3lmcxoqk2ts24
https://storage.courtlistener.com/recap/gov.uscourts.dcd.278147/gov.uscourts.dcd.278147.30.1_1.pdf
https://www.supremecourt.gov/opinions/24pdf/24a931_2c83.pdf
https://www.documentcloud.org/documents/25881144-24a949/
https://bsky.app/profile/khuddleston.bsky.social/post/3lmaiaxi7f226
https://apnews.com/article/china-response-us-tariffs-104-d40d497f6e07ee4163d88443cb75ab3f
See omnystudio.com/listener for privacy information.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Cool media.
Speaker 2 (00:07):
This is it could happen here. Executive Disorder, our weekly
newscast covering what's happening in the White House, the crumbling world,
and what it means for you. I'm Garrison Davis today.
I'm joined by Mia Wong, James Stout, and Robert Evans.
This week we're covering the week of April third to
April ninth. We have we have recovered from the Liberation day,
(00:28):
fully liberated. Yeah, and now the economy is back to normal.
Speaker 3 (00:32):
Right, Yes, everything's really good. Everyone's four oh one k's
have been normal and stable and stable and stable. That's
what's important. Just line go up. The economy runs from stability.
I mean one of the things the line did was
go up. So yeah, lines, God, why should anyone complain? Yeah?
Speaker 4 (00:55):
Yeah, line's gone in a few different directions this week.
Speaker 3 (00:58):
Among the different directions the line went up, was you
know a portion of that time?
Speaker 4 (01:03):
Yes, yeah, durrection that hasn't gone is left. I guess
which you know we're waiting for that one.
Speaker 3 (01:09):
And related news, A dead cat can bounce. I don't
know why they picked the cat for the dead animal
to bounce to refer to that stock market term, but.
Speaker 4 (01:18):
I think this is a term that's new to Garrison,
just judging by the facial expression.
Speaker 3 (01:22):
Yeah, you don't know what that is. So basically, when
when a stock price for a company or whatever collapses
right there will generally be it will straight a line
down and then it will bump back up and it
will look like it's rallying. But this isn't generally a rally.
What it is is that when people like short a stock,
there's a point at which they have to like buy
(01:44):
back the share like shares, and that artificially inflates it
briefly before it then begins to decline again. So it's
not a real it's the result of how short selling
works that there has to be this thing that makes
it temporarily look like it's rallying, but that's really not
what's happening.
Speaker 2 (02:01):
Yeah, yeah, yeah, I'm familiar with this concept.
Speaker 4 (02:04):
And they call it a dead cat. It's referred to
as a dead cat bounce.
Speaker 5 (02:07):
Yere.
Speaker 3 (02:07):
I don't know why it's referred to as a dead
cat bounce, but it is.
Speaker 6 (02:10):
Stockbro because are not normal people then why these these
are Wall Street guys. One of them has probably done
it like that's that's probably why it's called that, Like.
Speaker 3 (02:20):
Yeah, I've thrown a lot of corpses at a lot
of things and they don't really bounce.
Speaker 2 (02:25):
Speaking of corpses, Robert, you have some exciting news on
the army.
Speaker 4 (02:29):
To pronounce Col Garrison.
Speaker 3 (02:31):
Yes, Yes. The good news is the army is going
to be more lethal and efficient than ever before, which
President Trump announced while sitting in the White House next
to Israeli Prime Minister Benjamin net and Yahoo, who had
to take roughly at twice the length of trip he
normally has to take to go here because so many
countries that he would normally fly over or stop in
(02:53):
have arrest warrants out for him. For all of the
war cries. Oh, we love to see it, but you know,
it's not about the journey. It's about you know, the
people you journey too. And Netanyahoo met with Trump, you know,
someone whom he clearly feels very safe, and you know,
I dare I say loving with and the two of
(03:14):
them shared the most intimate bond that two elderly men
who have committed war crimes can share, which is announcing
a record budget for the United States military of one
trillion dollars. Well, I should say, Trump stated it would
be in the vicinity of one trillion dollars. Now does
that mean possibly that very little is changing about the
military budget. Yes, it does, and we'll get to that
(03:37):
in a second. Hag Seth, our Secretary of Defense, made
a post on Twitter right after saying Trump is rebuilding
our military and fast. He also really bragged about that
trillion dollar amount and said, ps, we intend to spend
every tax payer dollar wisely on lethality and readiness. Now
here's the thing. Trillion dollars shitload of money. Current amount
(03:58):
of funding allocated to national defense programs eight hundred and
ninety two billion dollars, so trillion dollars about a ten
percent bump right for you know, the national defense programs.
But it's actually unclear the way in which he phrased
things and the way in which we like talk about
the funding for national security, this could mean that basically
(04:19):
the military will have pretty much the same, you know,
something of an increase but not a mass, not really
a significant difference from what it has now, and there
will be more money into other defense related programs. So
this is not like as massive a thing as it
might necessarily sound like. I think one thing that's sort
of significant here is like how this comports with the
(04:40):
way a lot of the folks and what we'll call
the shit had left had talked about where there was
this discussion that Trump's actually going to be you know,
bad for imperialism and the war machine. And you know,
there was even talk as of a couple of months
ago that they were going to like half the Pentagon budget,
Like you know, you know, all these whatever else happens,
you know, it's worth it if the military budget comes
(05:01):
down in this imperial juggernaut of hell gets finally neutered,
and just all of those people are always wrong. They
were always going to just make the army bigger. They
were always going to put more money in events. They
were always going to put more money into the hands
of defense contractors. Like anyone who knows anything about these
people or about how Republicans have worked knew that was
(05:22):
going to happen. There was never any chance that they
were going to cut the actual amount of money. Now
they're probably going to cut the number of people in
the military because despite what heck Seth said, there's a
lot of evidence that a shitload of this is going
to go towards modernization, and in fact, armed services each
branch is being our arm services are all being asked
to cut about eight percent of their individual budgets in
(05:44):
order to put money into modernization efforts, which obviously any
military needs to regularly modernize different systems. But this is
also a thing where if your country is run entirely
by grifters and conman trying to shotgun money to their
political supporters, have a lot of money in different defense companies.
What this means to me is you are probably going
(06:05):
to see them continue to trim numbers of actual troops
and put more money into bullshit that gets a lot
of money to contractors. Yeah, that's that is my expectation.
That is what I see happening. More than anything here,
we'll see. But I think a lot of this additional
money is going to go towards buying shit that may
(06:25):
or may not be useful. But the primary purpose of
putting the money into that shit is because somebody who
is somebody gets a veig. Yeah.
Speaker 4 (06:32):
I mean, if we look at fascism as a concept too,
it kind of it has this troubled relationship with modernity,
but one of the things it likes to do is
flex it's new little weapon systems and toys, and we're
going to see some guys posing with some weapon systems
that probably never get used, right, like probably some AI
targeting shit stuff like that.
Speaker 3 (06:49):
Yeah, oh yeah, oh yeah, it's Rallery does that.
Speaker 2 (06:52):
Yeah, Well, we got to find some way to reallocate
the alleged fifty billion dollars in DOGE cuts, which is
certainly a fake number. Absolutely, we might as well send
over two hundred billion more to the Defense Department.
Speaker 3 (07:09):
Based on early IRS filings, there's something like half a
trillion dollars that we might be losing in tax income
this year. So you know, net, I don't think we're
doing great. I should also know to hear a big
part of the money that they're going to get for
modernizations coming from cutting fifty to sixty thousand civilian jobs,
(07:30):
many of whom are veterans, but also just in terms
of like military readiness, guys like hag Seth, who's primarily
a push up dude, and people who don't know anything
about the military see it as like, well, you know,
the military, you just want as many door kickers as
you possibly can, and you actually need very few of
those guys would need a lot of is guys that
can move things to different places and fix things when
(07:53):
they break, and do a lot of the paperwork that's
necessary to make both of those things possible, which is
why you need those jobs, and cutting a shitload of
them is not likely to increase readiness. It's also worth
noting that the US Army is looking at a forced
reduction of up to ninety thousand active duty soldiers. This
is based on an article from April fourth, which is
(08:14):
a significant reduction, and again like, we're not.
Speaker 6 (08:18):
Is that real?
Speaker 3 (08:19):
Yes?
Speaker 2 (08:19):
Why why are they doing a ninety percent reduction?
Speaker 3 (08:22):
In part because it's very hard for them to find
new active duty soldiers. It is not easy to get
people to do this, and it is not the priority
of anybody in charge of anything to actually get more soldiers.
The priority is to put more money into systems AI
and all this shit, Like, I don't think they have
a vested interest in actually helping with that.
Speaker 2 (08:43):
How are we going to take Greenland with drones? What
do we do it?
Speaker 3 (08:46):
Yeah? Probably? I mean there's not a lot of peace.
Speaker 2 (08:49):
Probably, how we're going to do it?
Speaker 3 (08:50):
There's not a lot of people in Greenland.
Speaker 2 (08:52):
Garrison excited for the naval blockade of Greenland to yeah,
kick off at about two months.
Speaker 3 (09:00):
Yeah, it's it's going to be great anyway. They're going
to make part of why I think they feel confident
trying to make you know, they're calling this making the
army smaller and more agile, is because Trump is doing
his best to make friends with Russia and we're certainly
not going to whatever happens with Taiwan, the US military
is not going to be involved.
Speaker 7 (09:20):
Yeah.
Speaker 3 (09:21):
Yeah, we ain't going to go back for them.
Speaker 8 (09:23):
You know.
Speaker 3 (09:23):
His attitude is like what do we need this for?
We need an agile military that we can use to
fuck with Greenland and Panama. Like that's that's what we're
going to be doing, two very.
Speaker 4 (09:32):
Similar biomes where like everything is very similar.
Speaker 3 (09:35):
Yeah, and there's a lot of people like you know,
the folks running Palenteer who have an increasing amount of
say in what happens to the military, and you know
what Trump does, who are basically advocating for, like we're
going to have this whole kill chain automated soon. We
barely need people. You can't trust people, you know how
untrustworthy your generals have proved. Donald Cool.
Speaker 2 (09:56):
Well, I'm excited for some more Arctic camo surpl us
to hit the mark at once. Yeah, Greenland situation is resolved.
Speaker 4 (10:05):
I'm excited to be fucking around wondering who a drone's
going to kill next. That has been a really life
affirming experience for me, and I'm excited to have it
again soon.
Speaker 3 (10:15):
It's going to be great.
Speaker 4 (10:16):
Robbie, you mentioned the IRS and irs maybe maybe get
less money, So I got to talk a little bit
about the IRS. I guess let's let's start with like
a little summary of this week immigration news. This week
child Rachik, who is the person who runs libs of
TikTok yeah, joined Ice on a raid.
Speaker 3 (10:33):
She is, shall we say, the Julius Striker of our
modern fashions.
Speaker 4 (10:39):
Yeah, yeah, yeah, I guess you're right.
Speaker 3 (10:44):
Damn sorry, I'm just no. I mean, like, I wasn't
joking about that. That's the most direct comparison that. Yeah.
Speaker 4 (10:50):
Sorry, I just took a moment to reflect on that,
and it's not a great thing to reflect on.
Speaker 3 (10:54):
It's really not. Now. It doesn't make me feel good, yeah, No.
Speaker 4 (10:57):
Other things that make me feel good are the sixteen
Minutes report, seventy five percent of people since Siko had
no criminal conviction, which seems to leave open the possibility
of there being a crime for which it would be
okay to be sent to a foreign goo lag with
no hope of return, which I don't believe is the case. Like, yeah,
I'm very disappointed at any reporting which focuses on guilt,
as if one could ever be guilty of anything which
(11:19):
would make this justifiable, you can't. The government is also
soliciting for proposals this week to massively increase migrant detention,
which again is not surprising, right, we talked about this
last November, but it's also not great. But where I
want to focus today is on the IRS and the
Abdegogatia case we spoke about last week. So well, it's
(11:40):
see inter reporting that the IRS has said it will
hand over information of people who are subject to criminal
investigation to DHS or ICE right, ICE being under DHS.
Speaker 3 (11:49):
They so they say they.
Speaker 4 (11:51):
What happened here is that part of court filings and
memorandum of understanding between ICE and the IRS was released
in the MoU or in the court finding. Actually they
cite an offense of failure to depart the United States
after being ordered removed. So Essentially anyone who they're saying
like you have to go right, you know that they
(12:12):
could They could then ask for their tax return information.
Exactly what the IRS will disclose to ICE is covered
by a big black reaction in the court documents, so
we don't know that the entire emmaus submitted, but like
there's significant reactions in it, ICE has to hand One
thing that's not redacted is that ICE has to hand
over the person's name, address, and the crime of which
(12:34):
they're for which they're investigating, and it has to be
a non tax crime.
Speaker 3 (12:38):
Not that that matter is Huguely.
Speaker 4 (12:39):
This is more limited than a lot of people have feared,
and it's more limited than a lot of the reporting
I've seen. It's possible that there's something else going on.
I saw the acting director in ICE was going to
quit over this. I saw that this morning. But the
fact that they have to have their address suggests that
they couldn't locate them using the tax return form right,
which which is a good thing. It is one last
(13:00):
step towards fascuistrom. I guess I'm also aware of ICE
having memorandums of understanding with other agencies, to include HUD right,
housing and urban development. All of this is going to
reduce the amount that migrant communities engage with the federal
government to any degree. Right, Contrary to what you might
have heard undocumated to people do to pay their taxes,
(13:22):
it's actually relatively rare for them not to do that.
And this might change if the RS starts handing over
people's tax returned information to ICE right. Obviously, if HUD
starts handing over people's information, that's going to lead to
people not being as willing to take housing benefits, more
people landing up living on the street.
Speaker 8 (13:38):
Right.
Speaker 4 (13:39):
On the other hand, Houston City in Texas, for that,
you who an't familiar, have I Have I pronounced that right?
Speaker 3 (13:44):
Robert Tehause, Yeah, I thought it was. I wasn't sure
of it. It was Houston.
Speaker 9 (13:49):
Houston, Oh house.
Speaker 3 (13:51):
Soon understood. It's a it's a place we just don't go.
That's that's that's how I refer to Houston. Okay, beautiful.
Speaker 4 (13:57):
So this Texas No Man's landtown has turned over information
including addresses and license paids for people charged with driving
without a license, even though some of this under Texas
law is supposed to remain confidential.
Speaker 3 (14:09):
So that's great.
Speaker 4 (14:10):
They are also now making immigration detentions at regular traffic stops.
Some aware of one incident where a man was arrested
after being stopped for a cracked windscreen and he's now
an ICE detention, so that there was I presumably an
ICE warrant for this person that the Houston police then
acted upon.
Speaker 2 (14:26):
I mean, and this is this can just be racial profiling, right,
Like if they're going to pull someone over and then
send them to ICE, like they're just going to start
pulling over as many people that they don't want to
be in Houston.
Speaker 4 (14:38):
Yeah, Like we already know that police departments have a
tendency to pull over people who aren't white more often, right,
and then like if you give them this, that's just
going to exacerbate that further. Again, it's also going to
stop migrant communities interacting with the police in any way.
Speaker 8 (14:53):
Right.
Speaker 4 (14:54):
This obviously has look not a big police fan, but
like in cases like domestic file, right, sometimes people need
to go to the police to be safe, and they're
not going to do so they think that means they
or people they love will be deported and this will
have negative consequences, and specifically in cases like domestic violence,
and we know this. There is plenty of evidence for this. Nonetheless,
(15:15):
this is continuing anyway. What's also continuing is our obligation
to pivot to act, which we should do.
Speaker 9 (15:20):
Now, Okay, we are back.
Speaker 4 (15:34):
We're back, and it's time to talk about the Supreme Court.
Speaker 3 (15:38):
Do we have to?
Speaker 4 (15:40):
Yes, yes, we do, Garython, because it's the biggest court.
It's the big one, and they've been crushing it all week,
just just sending down decisions. The two big ones, I
guess I want to talk about are a five to
four ruling that it was vacating Boseberg's trro Bosberg being
the judge who had intally told the United States government
(16:02):
that had to stop sending people to set court right.
And then the US had ignored Boseberg and done it anyway,
and then they had this whole court case about how
they hadn't ignored him in any way.
Speaker 3 (16:09):
It was a secret.
Speaker 4 (16:10):
Even though we're tweeting it, you can go back a
couple of eds and hear about that. In this decision,
the Court was unanimous in asserting that people removed under
the Alien Enemies Act do have a right to due process,
but that they have to bring a habeas petition. So
like the reason they vacated to tro was that the
case shouldn't have gone to Bosburg, right, that they should
(16:31):
have bought this Havieu's petition. In practice, that's going to
be very hard given the fact that many migrants, even
under the current system, even and the Biden, most migrants
wh didn't speak English didn't have access to legal representation.
So this ruling is still pretty bad. The only thing
that people in the court case wanted to stop was
their rendition to L salbadare right. It wasn't even like
(16:53):
opposed to other forms of removal, it was specific to
this El Salbador situation. The court also sort of cited
k crime all cases as precedent, which is a very different thing.
And it gives us very narrow ruling of the due
process available to migrants rate and it relies on my
having access to a legal team, which could be expensive
and complicated for them.
Speaker 2 (17:13):
So this ruling allows Trump administration to send people to
El Salvador as as long as they have the quote
unquote right to do process, which is narrowly defined as
something that not many people will have access to anyway.
Speaker 4 (17:29):
Yes, yeah, well, summarized. Yeah, you would need to have
like a lawyer on retainer to file your habeas right
leg straight away.
Speaker 2 (17:37):
So if that just doesn't get filed, then you are
basically in their view forfeiting your due process and they
can deport you anywhere.
Speaker 4 (17:44):
Well, they can deport you anyway. Yeah, I guess you
have the right to appeal it, like by saying like
I'm going to file this habeas petition, but most people
an't going to do that, so in practice that they
haven't explicitly ruled on this setcot thing. Right, the Aberigo
Garcia case, which is the other case, a Fourth Circuit
judge required the US to return Abergogarcia to the US,
(18:07):
and then Chief Justice Roberts on his own issued in
an administrative stay, so he is effectively telling them that
Fourth Circuit judge, you can't order them to have him
return right now. We need to take a time out.
We need everybody to get their evidence in order and
then bring that to us. So that case like remains ongoing.
(18:30):
Right in the brief for that case, the government referred
to Abligo Garcia as an enemy alien. But I don't
think MS thirteen is covered by the evocation of the
Alien Enemies Act. I think it was specific to trend
deer Ragua. And then they also claim that they removed
him under the Immigration Nationality Act, not the Alien Enemies Act.
(18:51):
So like, none of this, I guess is hugely surprising.
We're seeing this like sort of post hoc justification of
what they did, right, which is kind of how they operate.
Case still remains ongoing, so we're still we're still going
to hear that one, which presumably will reflect on the
constitutionality of sending people to said cord. But like the
fact that, yeah, they ruled the other case right, the
(19:12):
one that was five to four. It wasn't about whether
seid Cock was legal. It was about where the Bosberg
had the right to make a decision on this particular case.
But it's still not great. Like it looks like the
Supreme Court is doing everything it can to avoid a
face to face showdown with the executive branch because they
don't want to deal with the consequences of be ignoring them. Nope,
(19:35):
and like we said before, like maybe the only court
that they will listen to is a Supreme Court. Whether
the Supreme Court doesn't make them, then they won't. So
that's where we're at with that. Not great, not exactly
great at all. Well, do you know what is doing great?
The economy? And for more on that, I think it's
time for Tariff Talk with mia Wan.
Speaker 3 (19:53):
Wait wait wait, Tariff Talk. Jazz Rocky Jazz, bart Lack
rocky jazz, rocky.
Speaker 6 (20:09):
Jazz bo.
Speaker 3 (20:11):
Ah, yeah, every day, every time we do it.
Speaker 8 (20:15):
The only band that matters is the only band that matters.
The Narcissist Cookbook doing a very brief refrain from Rock
the Chasm, the worst clash song by a white margin.
Speaker 4 (20:29):
The only clash song from hm plagar in Operation Desert Storm,
which major stach Strummer cry, a real catastrophe.
Speaker 2 (20:37):
Do you know what is in a catastrophe?
Speaker 9 (20:39):
The economy?
Speaker 3 (20:40):
Yeah, how's it going?
Speaker 6 (20:42):
So I just I just saw a wonderful chart where
someone was like, ah, this is this is one of
the eight best days the SMP has ever had, And
every single other one of those days is like nineteen
twenty nine, nineteen thirty one, age.
Speaker 4 (20:57):
To Whooh, it's one of the best days. From Mount
Saint Helen's Equality. Yeah, yeah, it's so good.
Speaker 3 (21:07):
So all right.
Speaker 6 (21:08):
The teriff situation as of two forty three pm Pacific
time on April ninth, is that there is.
Speaker 4 (21:15):
Mine going good. It's gotta be cool. Guys, don't worry
about it.
Speaker 6 (21:23):
Okay, So there isn't one hundred and twenty five percent
tariff on all goods from China?
Speaker 9 (21:28):
Is that bad?
Speaker 6 (21:29):
I uh, you know, there's a bit that I cut
here where I was gonna say about how like at
fifty four percent, I was like, we've entered the part
of the map where it just says here there'd be dragons,
and one hundred and twenty five percent there's not even
dragons there that they didn't even think to put that
on the map as an unknown region.
Speaker 1 (21:50):
Hi, this is Mia from the future. It is now Thursday.
One of the problems with attempting to do this episode
is that we are learning the teriff rate from in
real time. So it turns out that the actual tariff
right on China, as as clarified by by Donald Trump today,
is one hundred and forty five percent. And also it
(22:14):
has become clear that the twenty five percent turf tariffs
on both Mexico and Canada are also still in effect.
Speaker 3 (22:21):
So yay. In medical terms, it means what happened to
the global economy is equivalent to you getting hit directly
in the spine by an F two fifty going forty
five miles an hour. That's that's that's what's happened to
the base of the global economy.
Speaker 6 (22:40):
Yeah, and I mean it's it is very funny that
like a lot of people have been focusing on the
bond stuff because you can just look at the tariff
numbers and it's like like, yeah, okay, seeing a one
hundred and twenty five percent tariff on all goods from
China and then looking at the bond markets to figure
out if that's bad or not is like like is
like walking outside into a blizzard and being like, whoa
my need the weather rather tell me if it's knowing, like,
(23:01):
what are we doing here?
Speaker 1 (23:02):
What are we doing here?
Speaker 3 (23:03):
The reason I'll explain, like briefly, treasury bonds are the
underpinning of every country, the entire global economy. Every single
country has a shitload of money in US treasury bonds
because they are the most reliable thing. And what a
treasury bond is is you give money to the US
government and they say, in a period of time, you
can take this out and it will have grown by
a set percentage. Because treasury bonds have been for the
(23:28):
last basically a century so incredibly stable. This is where
you put your money that you don't want to gamble,
so you have money that is in stocks and stuff
that can go up and down, but you also head
your bets by having a bunch of this. And you know,
generally treasury bonds are hopefully enough to about keep pace
with inflation or beat it by a little bit. But
(23:48):
usually the rate is not all that high because there's
a shitload of demand. People are always buying treasury bonds.
When the treasury bond rate, which is the percentage you
get back, raises, that may look good, right, they're like, wow,
you get five percent now on if you put money
into a into a thirty year TA bond. But what
that means is that everyone is selling their treasury bonds.
(24:10):
So demand is down and the rate is higher, and
everyone is selling them because entire countries at a time
are pulling their money out. Nations are pulling their money
out of the US economy.
Speaker 6 (24:21):
It's great, yeah, and we are going to get more
into how throw administration wants to fuck with that later,
But first off, programming note, programming note. I am going
to be from this episode forward referring to all of
these as the turf tariffs, because fuck them and because
these tariffs are in a large part also about a
bunch of really weird fucking masculinity bullshit.
Speaker 3 (24:42):
So God excited for that.
Speaker 2 (24:44):
Yeah, And when you make most of your election ads
being about yeah, trans people, and then and then and
then the economy goes to the toilet. This is this
is what was voted for.
Speaker 6 (24:52):
Like, if if you wanted transphobia, this is what you wanted.
You want you wanted to lose your job, You wanted
everyone to lose their fucking hope.
Speaker 3 (24:57):
Speaking at Tea Bonds, am.
Speaker 2 (24:59):
I right, let's skip over that immediately.
Speaker 3 (25:02):
No, no, no one law for him, go away? Okay, okay. So,
so the most the most chaotic.
Speaker 6 (25:10):
Thing happening here, other than Robert randomly saying things, is
that nobody knows what the tariff situation is going to be,
just even just on Friday when you're listening to this,
right you, By the time you were listening to this,
there could be two hundred percent terriffs on Indonesia. There
could be four thousand percent terrorists in Vietnam.
Speaker 3 (25:31):
We don't know. No, Trump could have dissolved the US
dollar and we're all using the fucking d whatever, like
I know, I don't.
Speaker 6 (25:39):
Know, yeah, and like you know, so, so it's all
really unstable. We can talk about the other things that
are still in effect, so that there's a general ten
percent tariff on all countries except for China are just
supposed to have a general ten percent tariff. There's also
the per Megan Cassellos, a CNBC reporter, there are twenty
five percent tariffs on steel, aluminum.
Speaker 3 (26:02):
And cars.
Speaker 6 (26:03):
There's probably going to be more. He keeps talking about
more tariffs, and it's like, who knows where they're gonna happen,
like maybe pharmaceutical semiconductors. But the Liberation Day tariffs, turf
tariffs are currently on.
Speaker 2 (26:17):
Hold for ninety days at least as of right now.
Speaker 6 (26:21):
Yeah.
Speaker 2 (26:21):
Yeah, and the and the quote unquote reciprocal tariffs have
been lowered to ten percent for me at least, it's
unclear as of recording. On Wednesday, Trump said that this
is a fact, this is in effect immediately. It's unclear
if those ten percent tariffs are also on hold for
ninety days.
Speaker 6 (26:36):
No, I think the temper said ones are in effect
right now, but it's really hard to tell because he's
just saying shit.
Speaker 2 (26:41):
And yes, it's very hard to tell, which is I
ain't saying it, he's truthing it, because yes, sorry, he is.
Speaker 4 (26:46):
He is true social ing that this information that is
how we have to work out the global economic future.
It's based on posts. I'm true social Yeah, so so okay.
Speaker 6 (26:55):
And one of the things, one of the things that's
been happening with with the turf tariffs is that like
the media is just is reporting things as true that
are just clearly obviously a lie. So one of the
ones that's been going around and that the media is
reporting a Trump has said is that he said he's
going to pause tariffs on countries that don't retaliate, except
we know that's a lie because the EU already imposed
(27:17):
retaliatory tariffs. But the EU's turf tariff rate is like
already down to ten percent, just like everyone else. So
we know that Trump is lying about his rationale for
the rollback of the turf tariffs, right, and every single
fucking media outlet is still just reporting it because nobody
fucking knows how to do freaking reporting anymore, we should
(27:37):
move to what this is going to do the supply chain,
And to put this in perspective, when I learned about
the one hundred and four percent tariff on China, that
was before it was one hundred and twenty five percent
where it's at now, I was writing an episode called
the Old Economy is Dead, which will probably still be
coming out on Monday. Again, that was the fifty.
Speaker 3 (27:56):
Four percent rate.
Speaker 6 (27:58):
I was writing a thing called the Old Economy is
Dead at one hundred and four percent, Like things are
going to break in the supply chain that only seven
people on Earth have ever heard of before, Like entire
sectors of the economy are going to be annihilated.
Speaker 3 (28:11):
We're going to see right.
Speaker 6 (28:12):
Now, we're probably going to see everyone attempt to route
like all shipping from China. There's going to be a
massive effort to try to reroot it through like literally
any other country. But again that's only a solution for
like you know, ninety days, and and again it's not
even clear that that can work. I mean, I'm already
seeing a bunch of reports swamp business as being like, yeah,
we're fucked because and that was the four percent tariffs
(28:34):
and at one hundred and twenty five percent, Entire industries
are non viable. Now, it's maybe possible that if it
was just these tariffs and an all Chinese shipping was
able to be routed through some other country, maybe we
would only have a regular economic collapse, like a like
(28:56):
you know, like an early two thousands tech bubble collapse,
and not like a two thousand and eight one. But again,
that's the same thing that note moti war tariffs go
into effect. Now. The problem is that we went through
this with the ninety day pauses on the Mexican tariffs
and the Canadian tariffs, and then after ninety days everyone
assumed that they weren't going to go to effect again,
they just went to effect. So the odds are of
(29:16):
that the absolutely catastrophic turf tariffs from like Liberation Day
are going to go into effect in about ninety days,
right that that's probably what's going to happen. There's probably
going to be some attempts to negotiate them down, but
like again, those absolutely catastrophic tariffs which are going to
just fucking annihilate the entire world economy, are probably going
to go into effect. And you know, part of what's
(29:38):
happening here, right, is that so the markets are doing this,
they're like dead cat bounce, right, And a lot of
this is because they haven't actually stopped to think about,
like how much American manufacturing and contra every argument everyone
is making about this, there is actually a lot of
manufacturing still in the US, but all of it relies
on Chinese imports and various stages of invadio stage are
(30:00):
auction and they're fucked. And I haven't even mentioned yet,
by the way, the sort of caption to all of
this is that China is doing an eighty four percent
retaliatory tariff on all American goods, which is going to
just fuck massive portions of American agriculture. We've talked a
lot on the show about soybean exports. It's going to
be absolutely catastrophic. We're going to go more into this
on Monday. But you know, the thing that's clear from
(30:23):
this is that these people don't see the economy as
real in the way that you and I do, Right.
They simply don't, you know, we look at the economy
as something where we have to have a fucking job
so we can go to work, so we can come
home and fucking buy food for our families and pay
our rent. And they think it's a fucking joke, right,
They think it's a fucking masculinity signifier and they think
(30:44):
it's it. Like they look at tariff rates and they go,
this is just a number on a fucking page. And
that's why the tariff rate is now one hundred and
twenty five percent on China because it doesn't None of
this shit is real for them at all. Now do
you know what is real? No, the products and services
support this. Ye ye, yep, we are back now.
Speaker 3 (31:17):
Okay.
Speaker 6 (31:17):
One of the things that I've been seeing a lot
of is there are a lot of arguments about whether
there was some kind of plan here. Trump has claimed
that he was going to roll back the terrorists all along,
and no, he wasn't. Just no, he's just lying. He's
just going by the seat of his pants. And I
can prove that there is no plan here by moving
on to the second thing that I want to talk
about here, which is a speech given by Council of
(31:39):
Economic Advisors Chairman Steve Myhren at the Hudson Institute. So
this is this is again the the the Council of
Economic Advisors is a federal agency that is like their
their job is to provide economic advice to the president, right,
and their chair gave a speech where he argues, and
this is something that like I I Hey, Jesus fucking Christ,
(32:01):
we were talking about, okay, the fact that every fucking
country on Earth has US Treasury bonds. We were talking
about this earlier, right, the status of the US dollar
as the global reserve currency. This guy is arguing that
that is actually a public good that other countries.
Speaker 3 (32:16):
Should pay us for.
Speaker 6 (32:18):
He wants to force countries to fucking pay taxes to
the United States for holding US Treasury bonds.
Speaker 3 (32:27):
And again, if any nation on Earth could pay to
have their currency be the global reserve currency, there's no
amount they wouldn't pay. Like, the degree to which this
benefits you was ridiculous, Like the fact that you want
to charge other people for it. It's nothing.
Speaker 6 (32:43):
It is like, Look how this like actually works, right,
is that every single other country on Earth is forced
to buy American debt, which is what a bond is, right, Yeah,
And this allows the US to carry out even more
spending without inflationary effects every single other country.
Speaker 3 (33:01):
Everything is based on this, Yes, it's just it's.
Speaker 6 (33:04):
All forced on on like other countries having to stockpow
US dollars, like the literally the entire global economy. The
US is advantage in the entire global econy is that
every single other fucking country on Earth needs US dollars.
Part of this is to buy oil. And part of
this is again because the dollar is the fucking reserve currency.
It's the currency that fucking trade is done in, and
the assets that you hold is is like is the
(33:25):
fucking US bond. The anthropologist David Graeber called this in
his book Debt the First five thousand Years, a tribute
system that again, every country in the world is forced
to buy US bonds. The US government has just like
fairly explicitly like did this in the Reagan administration, does
this other times, like has just fairly explicitly leaned on
countries and been like, you're buying a fucking a fucking
bunch of US bonds now, right, Like this is this system.
(33:48):
The status of the dollar of the world reserve currency,
is the entire lattice that supports and spreads the American Empire,
and these fucking clowns one of people to pay taxes
on the tribute that they are.
Speaker 3 (34:03):
Paying to us.
Speaker 6 (34:04):
This is not by Trump from Elon Musk right, this
is the guy these people brought in to be their economist,
to do economic policy.
Speaker 3 (34:13):
Yeah.
Speaker 6 (34:14):
There there is no limit to their stupidity. There is
no rock of sanity upon which the tide of madness
will crash. Everything we have seen, we have seen so
far is just a prelude to an infinite abyss of stupidity,
so mindnumbingly incomprehensible it will shatter our minds like a
snowflake and a hurricane. You can no longer think to yourself.
(34:36):
They cannot possibly be this stupid. They are thinking thoughts
even gods can not comprehend. They are attempting to drain
the sea by shouting at the moon. They are trying
to wipe their ass with pine cones.
Speaker 3 (34:49):
There is no five.
Speaker 6 (34:50):
Dimensional plan here. There is not even a man behind
the fucking curtain. There is only an infinite sea of cruelty, malicon,
stupidity trying to drown us all for the crime of
attempting to ext in the world we're born in. The
reality of the men who rule the American Empire.
Speaker 9 (35:06):
Is this.
Speaker 6 (35:06):
It is so terrifying that everyone from the most powerful
CEOs on the planet to the fucking day traders running
the stock markets to broke left the ship posters recoil
in horror and try to construct meaning and some kind
of like anything, any kind of strategy, any kind of
strategic reason why anyone could possibly be doing this, because
the existence of a plan, literally any plan, no matter
how evil it is, is preferable to this, which is
(35:29):
that the largest economy in the world, the most powerful
empire of the world has ever seen, is being run
by the dumbest people who have ever fucking lift and
they are doing this because they are evil and they're stupid.
Speaker 3 (35:42):
Yes, yes, there's absolutely like yeah, yeah, no, nothing else
to say. Really.
Speaker 2 (35:50):
I think one of the things that is underpinning this,
which you can pick up on if you are cursed
enough to listen to enough of these speeches and enough
of their of their talking heads podcasts, is like this
reoccurring trend in which these people really need to be
victims in order to in order to politically succeed, which
is an accuation that's usually thrown against you know, woke sgws.
(36:11):
But like before the election, right, it was this idea
that that because because of the dem corrupt elite establishment.
You know, everyday Americans are are are victims of this,
of this hidden cabal of Democrats that that are ruining everything.
But but now that these people are in charge of
of of the United States, the people who are victimizing
(36:31):
us is just the entire world, right, the entire world
is ripping off the United States by using our dollar,
by by doing trade with us. They are somehow ripping
us off, like we are the victims of this global scheme.
And it's hurting you at the average blue collar worker,
and it's making women adopt managerial positions and and this
(36:52):
is this is what's actually is the core of of
your oppression. And even even even when they win, and
even when they control the country, they can't let go
of this victim status. They have to have someone ripping
them off in order to justify them doing just incomprehensible
stupid power grabs. And it is very much linked to
(37:13):
like this like masculine signifier. It's very odd, like like
the way that people are trying to trying to justify
losing so much money in the stock market. It's by
re posting a clip of some like Australian women dancing
on dancing on TikTok in like an office building, and
they're like, well, you know, tariffs are are are much
(37:34):
better than having to deal with women in the office,
am I right now?
Speaker 3 (37:38):
Women having a joke?
Speaker 2 (37:39):
This is this is this is how they this is
how they justify it.
Speaker 3 (37:42):
At least we don't have woke. It's worth it to
not be able to afford food. If THEO is the
global long house, that's a deep cut down long house
is burnt down. Sure, because the long House is burnt down,
we're now exposed to the elements and all of our
food story story are gone and it's about to snow
eighteen feet. But at least the long house.
Speaker 4 (38:04):
The long house with your am nephew in it, that
you hate and owned you at Thanksgiving, it is gone.
Speaker 2 (38:10):
Shout out to your nephew.
Speaker 4 (38:12):
Yeah, I guess what's the nibbling? Nibbling is a correct
non binary appollition.
Speaker 2 (38:16):
In other news, last week, President Trump said that he
would be quote unquote honored for the President of l
Salvador to take US citizens, which he calls American grown
and born criminals and put them into SEACOT. The terrorism
confinement center, which is essentially a prison work.
Speaker 3 (38:36):
Camp YEP, that no one gets released from.
Speaker 2 (38:38):
Yeah, Trump said, quote, why should it stop just at
people that crossed the border illegally? On quotes, But it
shouldn't stop that she shouldn't be there at all. And
and his James already mentioned seventy five percent of the
immigrants sent to sea caught don't have a criminal conviction.
These people are not criminals. Now, a few days later,
the White House presecretary reiterated that this is something that
(38:59):
Trump is seriously discussing, both publicly and privately.
Speaker 7 (39:03):
So the President has discussed this idea quite a few
times publicly. He's also discussed it privately. You're referring to
the President's idea for American citizens to potentially be deported.
These would be heinous, violent criminals who have broken our
nation's laws repeatedly, and these are violent repeat offenders in
(39:23):
American streets. The President has said, if it's legal right,
if there is a legal pathway to do that, he's
not sure.
Speaker 6 (39:30):
We are not sure if there is.
Speaker 7 (39:31):
It's an idea that he has simply floated and has
discussed very publicly. As in the effort of transparency, now.
Speaker 2 (39:37):
One of the last things we're going to discuss is
an update on DHS and ICE efforts to deport students
across the country. Me and James did an episode last
week which is still pretty relevant, but all of the
numbers have increased dramatically since that episode. As of Tuesday night,
April eighth, ninety two student visas have been revoked at
(39:58):
California University, fifty at UC campuses, and thirty six at
California State University campuses, with six more at Stanford. Also,
as of April eight, fifty student visas have been revoked
at Arizona State University, with multiple students now in iced attention.
Lawyers for these students believe that upwards of one thousand
visas have been revoked across the country. A map on
(40:21):
inside higher ed dot com shows four hundred and nineteen
confirmed instances of student visas or in some cases, green cards,
being revoked by Secretary of State Mark Rubio across thirty
four states, and as of Wednesday, April ninth, visas for
eighteen international students have been revoked at the University of Utah,
with these students and recent graduates received letters from the
(40:42):
Trump administration instructing them to quote unquote self deport immediately.
At Utah State University, more than thirty students have been impacted,
according to the university administration.
Speaker 4 (40:53):
Yeah, I'm aware of at least one UCSC student who
is detained at the border and immediately deported. And also
where the UCOP uc officer the president right a statement
about the impact of service terminations across its campuses. But
the UCSD Guardian, in a dub for Student Journalism, reported
that UCSD convened an emergency meeting before this of faculty
(41:17):
and it knew about the revocations or that the service changes, right,
they were revocation of their student status, and it was
reluctant to act because it hadn't received guidance from UCOP yet.
So we're seeing this from a lot of university administrations, right,
they don't know how to respond. I did see that
the University of Arizona was helping fund some of the
(41:37):
legal fees of their students, which is more than many
universities are doing as of now. There seems to be
no pattern of prior rest for the people who have
had their status has changed, But in some cases, it
seems that in some university systems. All of the people
who have lost their status are either Chinese, Indian, or
from majority Muslim countries.
Speaker 6 (41:58):
One other thing I wanted to close out is episode
on So we have an episode out about this already.
But one of the things that ICE has been doing
has been targeting migrant farm worker labor organizers.
Speaker 3 (42:09):
They have.
Speaker 6 (42:11):
I'm basically just kidnapped, like just straight up broke this
guy's window in his car and dragged him out. A
guy named Alfredo Quarez is known as Lalo. He is
an organizer for Familias you need Us Legisticia in Washington,
and there is going to be a protest. This will
be Saturday, the twelfth. That will be tomorrow as you're
(42:31):
listening to this, on Friday at Portland City Hall at
two pm. Organizers are also asking that you call the
Washington Attorney General to demand pressure be put on everyone
to release him. Yeah, if you want to hear more
about that, there is I have an interview with an
organizer who works with them, and yeah, it's real fucking bad.
(42:55):
The scale of the repression has been increasing. It's not undefeatable,
and this is a this is a tangible thing that
you can do to try to stop them. But yeah,
it requires movement now, and yeah, do this now before
it gets worse.
Speaker 2 (43:15):
To update another topic of the episode me and James
did last week, we mentioned that DHS was seeking input
for installing a new program to screen the social media
activity of people applying for immigration benefits for what would
they label as anti semitism. And this policy is now
in effect. This applies to quote unquote, aliens applying for
(43:38):
lawful permanent resident status, foreign students, and aliens affiliated with
educational institutions, possibly also people applying for citizenship. To quote
the DHS Assistant Secretary of Public Affairs, Trisha McLaughlin, quote,
there's no room in the United States so for the
rest of the world's terrorist sympathizers, and we are under
an obligation to admit them or let them stay here.
(44:01):
Secretary Nome has made it clear that anyone who thinks
they can come to America and hide behind the First
Amendment to advocate for antisemitic violence and terrorism, think again.
You are not welcome here. Unquote. The web page for
this new policy states, under this guidance, USCIS will consider
social media content that indicates an alien endorsing espousing promoting
(44:22):
or supporting anti Semitic terrorism, anti Semitic terrorist organizations, or
other antisemitic activity as a negative factor in any discretionary
analysis when adjudicating immigration benefit requests.
Speaker 4 (44:34):
So essentially, this.
Speaker 2 (44:35):
Means that if you've posted anything that is in support
of Palestine or criticizes the Israeli government, this will be
now used against you if you are applying for visa,
if you are applying for a green card, if you're
applying for citizenship and already live in this country as
a permanent resident lawfully. So just a wider net of
social media surveillance. Four h forour Media put out a
(44:58):
good article on when Day about a palanteer system that
ICE is using to look for immigrants and people in
this country, which allows them to select for specific attributes
with a pretty intense filtering system. So yeah, this is
ongoing and we will continue to report as such.
Speaker 3 (45:16):
Yeah, all right, everybody, Well until next week, please don't
go to an El Salvador in prison camp if you
can avoid it.
Speaker 2 (45:25):
We reported the news.
Speaker 3 (45:27):
Great, we reported the news.
Speaker 4 (45:39):
It could happen.
Speaker 5 (45:39):
Here is a production of cool Zone Media. For more
podcasts from cool Zone Media, visit our website. Coolzonmedia dot
com or check us out on the iHeartRadio app, Apple podcasts,
or wherever you listen to podcasts. You can now find
sources for it could happen here listened directly in episode descriptions.
Thanks for listening.
Cool media.
Speaker 2 (00:07):
This is it could happen here. Executive Disorder, our weekly
newscast covering what's happening in the White House, the crumbling world,
and what it means for you. I'm Garrison Davis today.
I'm joined by Mia Wong, James Stout, and Robert Evans.
This week we're covering the week of April third to
April ninth. We have we have recovered from the Liberation day,
(00:28):
fully liberated. Yeah, and now the economy is back to normal.
Speaker 3 (00:32):
Right, Yes, everything's really good. Everyone's four oh one k's
have been normal and stable and stable and stable. That's
what's important. Just line go up. The economy runs from stability.
I mean one of the things the line did was
go up. So yeah, lines, God, why should anyone complain? Yeah?
Speaker 4 (00:55):
Yeah, line's gone in a few different directions this week.
Speaker 3 (00:58):
Among the different directions the line went up, was you
know a portion of that time?
Speaker 4 (01:03):
Yes, yeah, durrection that hasn't gone is left. I guess
which you know we're waiting for that one.
Speaker 3 (01:09):
And related news, A dead cat can bounce. I don't
know why they picked the cat for the dead animal
to bounce to refer to that stock market term, but.
Speaker 4 (01:18):
I think this is a term that's new to Garrison,
just judging by the facial expression.
Speaker 3 (01:22):
Yeah, you don't know what that is. So basically, when
when a stock price for a company or whatever collapses
right there will generally be it will straight a line
down and then it will bump back up and it
will look like it's rallying. But this isn't generally a rally.
What it is is that when people like short a stock,
there's a point at which they have to like buy
(01:44):
back the share like shares, and that artificially inflates it
briefly before it then begins to decline again. So it's
not a real it's the result of how short selling
works that there has to be this thing that makes
it temporarily look like it's rallying, but that's really not
what's happening.
Speaker 2 (02:01):
Yeah, yeah, yeah, I'm familiar with this concept.
Speaker 4 (02:04):
And they call it a dead cat. It's referred to
as a dead cat bounce.
Speaker 5 (02:07):
Yere.
Speaker 3 (02:07):
I don't know why it's referred to as a dead
cat bounce, but it is.
Speaker 6 (02:10):
Stockbro because are not normal people then why these these
are Wall Street guys. One of them has probably done
it like that's that's probably why it's called that, Like.
Speaker 3 (02:20):
Yeah, I've thrown a lot of corpses at a lot
of things and they don't really bounce.
Speaker 2 (02:25):
Speaking of corpses, Robert, you have some exciting news on
the army.
Speaker 4 (02:29):
To pronounce Col Garrison.
Speaker 3 (02:31):
Yes, Yes. The good news is the army is going
to be more lethal and efficient than ever before, which
President Trump announced while sitting in the White House next
to Israeli Prime Minister Benjamin net and Yahoo, who had
to take roughly at twice the length of trip he
normally has to take to go here because so many
countries that he would normally fly over or stop in
(02:53):
have arrest warrants out for him. For all of the
war cries. Oh, we love to see it, but you know,
it's not about the journey. It's about you know, the
people you journey too. And Netanyahoo met with Trump, you know,
someone whom he clearly feels very safe, and you know,
I dare I say loving with and the two of
(03:14):
them shared the most intimate bond that two elderly men
who have committed war crimes can share, which is announcing
a record budget for the United States military of one
trillion dollars. Well, I should say, Trump stated it would
be in the vicinity of one trillion dollars. Now does
that mean possibly that very little is changing about the
military budget. Yes, it does, and we'll get to that
(03:37):
in a second. Hag Seth, our Secretary of Defense, made
a post on Twitter right after saying Trump is rebuilding
our military and fast. He also really bragged about that
trillion dollar amount and said, ps, we intend to spend
every tax payer dollar wisely on lethality and readiness. Now
here's the thing. Trillion dollars shitload of money. Current amount
(03:58):
of funding allocated to national defense programs eight hundred and
ninety two billion dollars, so trillion dollars about a ten
percent bump right for you know, the national defense programs.
But it's actually unclear the way in which he phrased
things and the way in which we like talk about
the funding for national security, this could mean that basically
(04:19):
the military will have pretty much the same, you know,
something of an increase but not a mass, not really
a significant difference from what it has now, and there
will be more money into other defense related programs. So
this is not like as massive a thing as it
might necessarily sound like. I think one thing that's sort
of significant here is like how this comports with the
(04:40):
way a lot of the folks and what we'll call
the shit had left had talked about where there was
this discussion that Trump's actually going to be you know,
bad for imperialism and the war machine. And you know,
there was even talk as of a couple of months
ago that they were going to like half the Pentagon budget,
Like you know, you know, all these whatever else happens,
you know, it's worth it if the military budget comes
(05:01):
down in this imperial juggernaut of hell gets finally neutered,
and just all of those people are always wrong. They
were always going to just make the army bigger. They
were always going to put more money in events. They
were always going to put more money into the hands
of defense contractors. Like anyone who knows anything about these
people or about how Republicans have worked knew that was
(05:22):
going to happen. There was never any chance that they
were going to cut the actual amount of money. Now
they're probably going to cut the number of people in
the military because despite what heck Seth said, there's a
lot of evidence that a shitload of this is going
to go towards modernization, and in fact, armed services each
branch is being our arm services are all being asked
to cut about eight percent of their individual budgets in
(05:44):
order to put money into modernization efforts, which obviously any
military needs to regularly modernize different systems. But this is
also a thing where if your country is run entirely
by grifters and conman trying to shotgun money to their
political supporters, have a lot of money in different defense companies.
What this means to me is you are probably going
(06:05):
to see them continue to trim numbers of actual troops
and put more money into bullshit that gets a lot
of money to contractors. Yeah, that's that is my expectation.
That is what I see happening. More than anything here,
we'll see. But I think a lot of this additional
money is going to go towards buying shit that may
(06:25):
or may not be useful. But the primary purpose of
putting the money into that shit is because somebody who
is somebody gets a veig. Yeah.
Speaker 4 (06:32):
I mean, if we look at fascism as a concept too,
it kind of it has this troubled relationship with modernity,
but one of the things it likes to do is
flex it's new little weapon systems and toys, and we're
going to see some guys posing with some weapon systems
that probably never get used, right, like probably some AI
targeting shit stuff like that.
Speaker 3 (06:49):
Yeah, oh yeah, oh yeah, it's Rallery does that.
Speaker 2 (06:52):
Yeah, Well, we got to find some way to reallocate
the alleged fifty billion dollars in DOGE cuts, which is
certainly a fake number. Absolutely, we might as well send
over two hundred billion more to the Defense Department.
Speaker 3 (07:09):
Based on early IRS filings, there's something like half a
trillion dollars that we might be losing in tax income
this year. So you know, net, I don't think we're
doing great. I should also know to hear a big
part of the money that they're going to get for
modernizations coming from cutting fifty to sixty thousand civilian jobs,
(07:30):
many of whom are veterans, but also just in terms
of like military readiness, guys like hag Seth, who's primarily
a push up dude, and people who don't know anything
about the military see it as like, well, you know,
the military, you just want as many door kickers as
you possibly can, and you actually need very few of
those guys would need a lot of is guys that
can move things to different places and fix things when
(07:53):
they break, and do a lot of the paperwork that's
necessary to make both of those things possible, which is
why you need those jobs, and cutting a shitload of
them is not likely to increase readiness. It's also worth
noting that the US Army is looking at a forced
reduction of up to ninety thousand active duty soldiers. This
is based on an article from April fourth, which is
(08:14):
a significant reduction, and again like, we're not.
Speaker 6 (08:18):
Is that real?
Speaker 3 (08:19):
Yes?
Speaker 2 (08:19):
Why why are they doing a ninety percent reduction?
Speaker 3 (08:22):
In part because it's very hard for them to find
new active duty soldiers. It is not easy to get
people to do this, and it is not the priority
of anybody in charge of anything to actually get more soldiers.
The priority is to put more money into systems AI
and all this shit, Like, I don't think they have
a vested interest in actually helping with that.
Speaker 2 (08:43):
How are we going to take Greenland with drones? What
do we do it?
Speaker 3 (08:46):
Yeah? Probably? I mean there's not a lot of peace.
Speaker 2 (08:49):
Probably, how we're going to do it?
Speaker 3 (08:50):
There's not a lot of people in Greenland.
Speaker 2 (08:52):
Garrison excited for the naval blockade of Greenland to yeah,
kick off at about two months.
Speaker 3 (09:00):
Yeah, it's it's going to be great anyway. They're going
to make part of why I think they feel confident
trying to make you know, they're calling this making the
army smaller and more agile, is because Trump is doing
his best to make friends with Russia and we're certainly
not going to whatever happens with Taiwan, the US military
is not going to be involved.
Speaker 7 (09:20):
Yeah.
Speaker 3 (09:21):
Yeah, we ain't going to go back for them.
Speaker 8 (09:23):
You know.
Speaker 3 (09:23):
His attitude is like what do we need this for?
We need an agile military that we can use to
fuck with Greenland and Panama. Like that's that's what we're
going to be doing, two very.
Speaker 4 (09:32):
Similar biomes where like everything is very similar.
Speaker 3 (09:35):
Yeah, and there's a lot of people like you know,
the folks running Palenteer who have an increasing amount of
say in what happens to the military, and you know
what Trump does, who are basically advocating for, like we're
going to have this whole kill chain automated soon. We
barely need people. You can't trust people, you know how
untrustworthy your generals have proved. Donald Cool.
Speaker 2 (09:56):
Well, I'm excited for some more Arctic camo surpl us
to hit the mark at once. Yeah, Greenland situation is resolved.
Speaker 4 (10:05):
I'm excited to be fucking around wondering who a drone's
going to kill next. That has been a really life
affirming experience for me, and I'm excited to have it
again soon.
Speaker 3 (10:15):
It's going to be great.
Speaker 4 (10:16):
Robbie, you mentioned the IRS and irs maybe maybe get
less money, So I got to talk a little bit
about the IRS. I guess let's let's start with like
a little summary of this week immigration news. This week
child Rachik, who is the person who runs libs of
TikTok yeah, joined Ice on a raid.
Speaker 3 (10:33):
She is, shall we say, the Julius Striker of our
modern fashions.
Speaker 4 (10:39):
Yeah, yeah, yeah, I guess you're right.
Speaker 3 (10:44):
Damn sorry, I'm just no. I mean, like, I wasn't
joking about that. That's the most direct comparison that. Yeah.
Speaker 4 (10:50):
Sorry, I just took a moment to reflect on that,
and it's not a great thing to reflect on.
Speaker 3 (10:54):
It's really not. Now. It doesn't make me feel good, yeah, No.
Speaker 4 (10:57):
Other things that make me feel good are the sixteen
Minutes report, seventy five percent of people since Siko had
no criminal conviction, which seems to leave open the possibility
of there being a crime for which it would be
okay to be sent to a foreign goo lag with
no hope of return, which I don't believe is the case. Like, yeah,
I'm very disappointed at any reporting which focuses on guilt,
as if one could ever be guilty of anything which
(11:19):
would make this justifiable, you can't. The government is also
soliciting for proposals this week to massively increase migrant detention,
which again is not surprising, right, we talked about this
last November, but it's also not great. But where I
want to focus today is on the IRS and the
Abdegogatia case we spoke about last week. So well, it's
(11:40):
see inter reporting that the IRS has said it will
hand over information of people who are subject to criminal
investigation to DHS or ICE right, ICE being under DHS.
Speaker 3 (11:49):
They so they say they.
Speaker 4 (11:51):
What happened here is that part of court filings and
memorandum of understanding between ICE and the IRS was released
in the MoU or in the court finding. Actually they
cite an offense of failure to depart the United States
after being ordered removed. So Essentially anyone who they're saying
like you have to go right, you know that they
(12:12):
could They could then ask for their tax return information.
Exactly what the IRS will disclose to ICE is covered
by a big black reaction in the court documents, so
we don't know that the entire emmaus submitted, but like
there's significant reactions in it, ICE has to hand One
thing that's not redacted is that ICE has to hand
over the person's name, address, and the crime of which
(12:34):
they're for which they're investigating, and it has to be
a non tax crime.
Speaker 3 (12:38):
Not that that matter is Huguely.
Speaker 4 (12:39):
This is more limited than a lot of people have feared,
and it's more limited than a lot of the reporting
I've seen. It's possible that there's something else going on.
I saw the acting director in ICE was going to
quit over this. I saw that this morning. But the
fact that they have to have their address suggests that
they couldn't locate them using the tax return form right,
which which is a good thing. It is one last
(13:00):
step towards fascuistrom. I guess I'm also aware of ICE
having memorandums of understanding with other agencies, to include HUD right,
housing and urban development. All of this is going to
reduce the amount that migrant communities engage with the federal
government to any degree. Right, Contrary to what you might
have heard undocumated to people do to pay their taxes,
(13:22):
it's actually relatively rare for them not to do that.
And this might change if the RS starts handing over
people's tax returned information to ICE right. Obviously, if HUD
starts handing over people's information, that's going to lead to
people not being as willing to take housing benefits, more
people landing up living on the street.
Speaker 8 (13:38):
Right.
Speaker 4 (13:39):
On the other hand, Houston City in Texas, for that,
you who an't familiar, have I Have I pronounced that right?
Speaker 3 (13:44):
Robert Tehause, Yeah, I thought it was. I wasn't sure
of it. It was Houston.
Speaker 9 (13:49):
Houston, Oh house.
Speaker 3 (13:51):
Soon understood. It's a it's a place we just don't go.
That's that's that's how I refer to Houston. Okay, beautiful.
Speaker 4 (13:57):
So this Texas No Man's landtown has turned over information
including addresses and license paids for people charged with driving
without a license, even though some of this under Texas
law is supposed to remain confidential.
Speaker 3 (14:09):
So that's great.
Speaker 4 (14:10):
They are also now making immigration detentions at regular traffic stops.
Some aware of one incident where a man was arrested
after being stopped for a cracked windscreen and he's now
an ICE detention, so that there was I presumably an
ICE warrant for this person that the Houston police then
acted upon.
Speaker 2 (14:26):
I mean, and this is this can just be racial profiling, right,
Like if they're going to pull someone over and then
send them to ICE, like they're just going to start
pulling over as many people that they don't want to
be in Houston.
Speaker 4 (14:38):
Yeah, Like we already know that police departments have a
tendency to pull over people who aren't white more often, right,
and then like if you give them this, that's just
going to exacerbate that further. Again, it's also going to
stop migrant communities interacting with the police in any way.
Speaker 8 (14:53):
Right.
Speaker 4 (14:54):
This obviously has look not a big police fan, but
like in cases like domestic file, right, sometimes people need
to go to the police to be safe, and they're
not going to do so they think that means they
or people they love will be deported and this will
have negative consequences, and specifically in cases like domestic violence,
and we know this. There is plenty of evidence for this. Nonetheless,
(15:15):
this is continuing anyway. What's also continuing is our obligation
to pivot to act, which we should do.
Speaker 9 (15:20):
Now, Okay, we are back.
Speaker 4 (15:34):
We're back, and it's time to talk about the Supreme Court.
Speaker 3 (15:38):
Do we have to?
Speaker 4 (15:40):
Yes, yes, we do, Garython, because it's the biggest court.
It's the big one, and they've been crushing it all week,
just just sending down decisions. The two big ones, I
guess I want to talk about are a five to
four ruling that it was vacating Boseberg's trro Bosberg being
the judge who had intally told the United States government
(16:02):
that had to stop sending people to set court right.
And then the US had ignored Boseberg and done it anyway,
and then they had this whole court case about how
they hadn't ignored him in any way.
Speaker 3 (16:09):
It was a secret.
Speaker 4 (16:10):
Even though we're tweeting it, you can go back a
couple of eds and hear about that. In this decision,
the Court was unanimous in asserting that people removed under
the Alien Enemies Act do have a right to due process,
but that they have to bring a habeas petition. So
like the reason they vacated to tro was that the
case shouldn't have gone to Bosburg, right, that they should
(16:31):
have bought this Havieu's petition. In practice, that's going to
be very hard given the fact that many migrants, even
under the current system, even and the Biden, most migrants
wh didn't speak English didn't have access to legal representation.
So this ruling is still pretty bad. The only thing
that people in the court case wanted to stop was
their rendition to L salbadare right. It wasn't even like
(16:53):
opposed to other forms of removal, it was specific to
this El Salbador situation. The court also sort of cited
k crime all cases as precedent, which is a very different thing.
And it gives us very narrow ruling of the due
process available to migrants rate and it relies on my
having access to a legal team, which could be expensive
and complicated for them.
Speaker 2 (17:13):
So this ruling allows Trump administration to send people to
El Salvador as as long as they have the quote
unquote right to do process, which is narrowly defined as
something that not many people will have access to anyway.
Speaker 4 (17:29):
Yes, yeah, well, summarized. Yeah, you would need to have
like a lawyer on retainer to file your habeas right
leg straight away.
Speaker 2 (17:37):
So if that just doesn't get filed, then you are
basically in their view forfeiting your due process and they
can deport you anywhere.
Speaker 4 (17:44):
Well, they can deport you anyway. Yeah, I guess you
have the right to appeal it, like by saying like
I'm going to file this habeas petition, but most people
an't going to do that, so in practice that they
haven't explicitly ruled on this setcot thing. Right, the Aberigo
Garcia case, which is the other case, a Fourth Circuit
judge required the US to return Abergogarcia to the US,
(18:07):
and then Chief Justice Roberts on his own issued in
an administrative stay, so he is effectively telling them that
Fourth Circuit judge, you can't order them to have him
return right now. We need to take a time out.
We need everybody to get their evidence in order and
then bring that to us. So that case like remains ongoing.
(18:30):
Right in the brief for that case, the government referred
to Abligo Garcia as an enemy alien. But I don't
think MS thirteen is covered by the evocation of the
Alien Enemies Act. I think it was specific to trend
deer Ragua. And then they also claim that they removed
him under the Immigration Nationality Act, not the Alien Enemies Act.
(18:51):
So like, none of this, I guess is hugely surprising.
We're seeing this like sort of post hoc justification of
what they did, right, which is kind of how they operate.
Case still remains ongoing, so we're still we're still going
to hear that one, which presumably will reflect on the
constitutionality of sending people to said cord. But like the
fact that, yeah, they ruled the other case right, the
(19:12):
one that was five to four. It wasn't about whether
seid Cock was legal. It was about where the Bosberg
had the right to make a decision on this particular case.
But it's still not great. Like it looks like the
Supreme Court is doing everything it can to avoid a
face to face showdown with the executive branch because they
don't want to deal with the consequences of be ignoring them. Nope,
(19:35):
and like we said before, like maybe the only court
that they will listen to is a Supreme Court. Whether
the Supreme Court doesn't make them, then they won't. So
that's where we're at with that. Not great, not exactly
great at all. Well, do you know what is doing great?
The economy? And for more on that, I think it's
time for Tariff Talk with mia Wan.
Speaker 3 (19:53):
Wait wait wait, Tariff Talk. Jazz Rocky Jazz, bart Lack
rocky jazz, rocky.
Speaker 6 (20:09):
Jazz bo.
Speaker 3 (20:11):
Ah, yeah, every day, every time we do it.
Speaker 8 (20:15):
The only band that matters is the only band that matters.
The Narcissist Cookbook doing a very brief refrain from Rock
the Chasm, the worst clash song by a white margin.
Speaker 4 (20:29):
The only clash song from hm plagar in Operation Desert Storm,
which major stach Strummer cry, a real catastrophe.
Speaker 2 (20:37):
Do you know what is in a catastrophe?
Speaker 9 (20:39):
The economy?
Speaker 3 (20:40):
Yeah, how's it going?
Speaker 6 (20:42):
So I just I just saw a wonderful chart where
someone was like, ah, this is this is one of
the eight best days the SMP has ever had, And
every single other one of those days is like nineteen
twenty nine, nineteen thirty one, age.
Speaker 4 (20:57):
To Whooh, it's one of the best days. From Mount
Saint Helen's Equality. Yeah, yeah, it's so good.
Speaker 3 (21:07):
So all right.
Speaker 6 (21:08):
The teriff situation as of two forty three pm Pacific
time on April ninth, is that there is.
Speaker 4 (21:15):
Mine going good. It's gotta be cool. Guys, don't worry
about it.
Speaker 6 (21:23):
Okay, So there isn't one hundred and twenty five percent
tariff on all goods from China?
Speaker 9 (21:28):
Is that bad?
Speaker 6 (21:29):
I uh, you know, there's a bit that I cut
here where I was gonna say about how like at
fifty four percent, I was like, we've entered the part
of the map where it just says here there'd be dragons,
and one hundred and twenty five percent there's not even
dragons there that they didn't even think to put that
on the map as an unknown region.
Speaker 1 (21:50):
Hi, this is Mia from the future. It is now Thursday.
One of the problems with attempting to do this episode
is that we are learning the teriff rate from in
real time. So it turns out that the actual tariff
right on China, as as clarified by by Donald Trump today,
is one hundred and forty five percent. And also it
(22:14):
has become clear that the twenty five percent turf tariffs
on both Mexico and Canada are also still in effect.
Speaker 3 (22:21):
So yay. In medical terms, it means what happened to
the global economy is equivalent to you getting hit directly
in the spine by an F two fifty going forty
five miles an hour. That's that's that's what's happened to
the base of the global economy.
Speaker 6 (22:40):
Yeah, and I mean it's it is very funny that
like a lot of people have been focusing on the
bond stuff because you can just look at the tariff
numbers and it's like like, yeah, okay, seeing a one
hundred and twenty five percent tariff on all goods from
China and then looking at the bond markets to figure
out if that's bad or not is like like is
like walking outside into a blizzard and being like, whoa
my need the weather rather tell me if it's knowing, like,
(23:01):
what are we doing here?
Speaker 1 (23:02):
What are we doing here?
Speaker 3 (23:03):
The reason I'll explain, like briefly, treasury bonds are the
underpinning of every country, the entire global economy. Every single
country has a shitload of money in US treasury bonds
because they are the most reliable thing. And what a
treasury bond is is you give money to the US
government and they say, in a period of time, you
can take this out and it will have grown by
a set percentage. Because treasury bonds have been for the
(23:28):
last basically a century so incredibly stable. This is where
you put your money that you don't want to gamble,
so you have money that is in stocks and stuff
that can go up and down, but you also head
your bets by having a bunch of this. And you know,
generally treasury bonds are hopefully enough to about keep pace
with inflation or beat it by a little bit. But
(23:48):
usually the rate is not all that high because there's
a shitload of demand. People are always buying treasury bonds.
When the treasury bond rate, which is the percentage you
get back, raises, that may look good, right, they're like, wow,
you get five percent now on if you put money
into a into a thirty year TA bond. But what
that means is that everyone is selling their treasury bonds.
(24:10):
So demand is down and the rate is higher, and
everyone is selling them because entire countries at a time
are pulling their money out. Nations are pulling their money
out of the US economy.
Speaker 6 (24:21):
It's great, yeah, and we are going to get more
into how throw administration wants to fuck with that later,
But first off, programming note, programming note. I am going
to be from this episode forward referring to all of
these as the turf tariffs, because fuck them and because
these tariffs are in a large part also about a
bunch of really weird fucking masculinity bullshit.
Speaker 3 (24:42):
So God excited for that.
Speaker 2 (24:44):
Yeah, And when you make most of your election ads
being about yeah, trans people, and then and then and
then the economy goes to the toilet. This is this
is what was voted for.
Speaker 6 (24:52):
Like, if if you wanted transphobia, this is what you wanted.
You want you wanted to lose your job, You wanted
everyone to lose their fucking hope.
Speaker 3 (24:57):
Speaking at Tea Bonds, am.
Speaker 2 (24:59):
I right, let's skip over that immediately.
Speaker 3 (25:02):
No, no, no one law for him, go away? Okay, okay. So,
so the most the most chaotic.
Speaker 6 (25:10):
Thing happening here, other than Robert randomly saying things, is
that nobody knows what the tariff situation is going to be,
just even just on Friday when you're listening to this,
right you, By the time you were listening to this,
there could be two hundred percent terriffs on Indonesia. There
could be four thousand percent terrorists in Vietnam.
Speaker 3 (25:31):
We don't know. No, Trump could have dissolved the US
dollar and we're all using the fucking d whatever, like
I know, I don't.
Speaker 6 (25:39):
Know, yeah, and like you know, so, so it's all
really unstable. We can talk about the other things that
are still in effect, so that there's a general ten
percent tariff on all countries except for China are just
supposed to have a general ten percent tariff. There's also
the per Megan Cassellos, a CNBC reporter, there are twenty
five percent tariffs on steel, aluminum.
Speaker 3 (26:02):
And cars.
Speaker 6 (26:03):
There's probably going to be more. He keeps talking about
more tariffs, and it's like, who knows where they're gonna happen,
like maybe pharmaceutical semiconductors. But the Liberation Day tariffs, turf
tariffs are currently on.
Speaker 2 (26:17):
Hold for ninety days at least as of right now.
Speaker 6 (26:21):
Yeah.
Speaker 2 (26:21):
Yeah, and the and the quote unquote reciprocal tariffs have
been lowered to ten percent for me at least, it's
unclear as of recording. On Wednesday, Trump said that this
is a fact, this is in effect immediately. It's unclear
if those ten percent tariffs are also on hold for
ninety days.
Speaker 6 (26:36):
No, I think the temper said ones are in effect
right now, but it's really hard to tell because he's
just saying shit.
Speaker 2 (26:41):
And yes, it's very hard to tell, which is I
ain't saying it, he's truthing it, because yes, sorry, he is.
Speaker 4 (26:46):
He is true social ing that this information that is
how we have to work out the global economic future.
It's based on posts. I'm true social Yeah, so so okay.
Speaker 6 (26:55):
And one of the things, one of the things that's
been happening with with the turf tariffs is that like
the media is just is reporting things as true that
are just clearly obviously a lie. So one of the
ones that's been going around and that the media is
reporting a Trump has said is that he said he's
going to pause tariffs on countries that don't retaliate, except
we know that's a lie because the EU already imposed
(27:17):
retaliatory tariffs. But the EU's turf tariff rate is like
already down to ten percent, just like everyone else. So
we know that Trump is lying about his rationale for
the rollback of the turf tariffs, right, and every single
fucking media outlet is still just reporting it because nobody
fucking knows how to do freaking reporting anymore, we should
(27:37):
move to what this is going to do the supply chain,
And to put this in perspective, when I learned about
the one hundred and four percent tariff on China, that
was before it was one hundred and twenty five percent
where it's at now, I was writing an episode called
the Old Economy is Dead, which will probably still be
coming out on Monday. Again, that was the fifty.
Speaker 3 (27:56):
Four percent rate.
Speaker 6 (27:58):
I was writing a thing called the Old Economy is
Dead at one hundred and four percent, Like things are
going to break in the supply chain that only seven
people on Earth have ever heard of before, Like entire
sectors of the economy are going to be annihilated.
Speaker 3 (28:11):
We're going to see right.
Speaker 6 (28:12):
Now, we're probably going to see everyone attempt to route
like all shipping from China. There's going to be a
massive effort to try to reroot it through like literally
any other country. But again that's only a solution for
like you know, ninety days, and and again it's not
even clear that that can work. I mean, I'm already
seeing a bunch of reports swamp business as being like, yeah,
we're fucked because and that was the four percent tariffs
(28:34):
and at one hundred and twenty five percent, Entire industries
are non viable. Now, it's maybe possible that if it
was just these tariffs and an all Chinese shipping was
able to be routed through some other country, maybe we
would only have a regular economic collapse, like a like
(28:56):
you know, like an early two thousands tech bubble collapse,
and not like a two thousand and eight one. But again,
that's the same thing that note moti war tariffs go
into effect. Now. The problem is that we went through
this with the ninety day pauses on the Mexican tariffs
and the Canadian tariffs, and then after ninety days everyone
assumed that they weren't going to go to effect again,
they just went to effect. So the odds are of
(29:16):
that the absolutely catastrophic turf tariffs from like Liberation Day
are going to go into effect in about ninety days,
right that that's probably what's going to happen. There's probably
going to be some attempts to negotiate them down, but
like again, those absolutely catastrophic tariffs which are going to
just fucking annihilate the entire world economy, are probably going
to go into effect. And you know, part of what's
(29:38):
happening here, right, is that so the markets are doing this,
they're like dead cat bounce, right, And a lot of
this is because they haven't actually stopped to think about,
like how much American manufacturing and contra every argument everyone
is making about this, there is actually a lot of
manufacturing still in the US, but all of it relies
on Chinese imports and various stages of invadio stage are
(30:00):
auction and they're fucked. And I haven't even mentioned yet,
by the way, the sort of caption to all of
this is that China is doing an eighty four percent
retaliatory tariff on all American goods, which is going to
just fuck massive portions of American agriculture. We've talked a
lot on the show about soybean exports. It's going to
be absolutely catastrophic. We're going to go more into this
on Monday. But you know, the thing that's clear from
(30:23):
this is that these people don't see the economy as
real in the way that you and I do, Right.
They simply don't, you know, we look at the economy
as something where we have to have a fucking job
so we can go to work, so we can come
home and fucking buy food for our families and pay
our rent. And they think it's a fucking joke, right,
They think it's a fucking masculinity signifier and they think
(30:44):
it's it. Like they look at tariff rates and they go,
this is just a number on a fucking page. And
that's why the tariff rate is now one hundred and
twenty five percent on China because it doesn't None of
this shit is real for them at all. Now do
you know what is real? No, the products and services
support this. Ye ye, yep, we are back now.
Speaker 3 (31:17):
Okay.
Speaker 6 (31:17):
One of the things that I've been seeing a lot
of is there are a lot of arguments about whether
there was some kind of plan here. Trump has claimed
that he was going to roll back the terrorists all along,
and no, he wasn't. Just no, he's just lying. He's
just going by the seat of his pants. And I
can prove that there is no plan here by moving
on to the second thing that I want to talk
about here, which is a speech given by Council of
(31:39):
Economic Advisors Chairman Steve Myhren at the Hudson Institute. So
this is this is again the the the Council of
Economic Advisors is a federal agency that is like their
their job is to provide economic advice to the president, right,
and their chair gave a speech where he argues, and
this is something that like I I Hey, Jesus fucking Christ,
(32:01):
we were talking about, okay, the fact that every fucking
country on Earth has US Treasury bonds. We were talking
about this earlier, right, the status of the US dollar
as the global reserve currency. This guy is arguing that
that is actually a public good that other countries.
Speaker 3 (32:16):
Should pay us for.
Speaker 6 (32:18):
He wants to force countries to fucking pay taxes to
the United States for holding US Treasury bonds.
Speaker 3 (32:27):
And again, if any nation on Earth could pay to
have their currency be the global reserve currency, there's no
amount they wouldn't pay. Like, the degree to which this
benefits you was ridiculous, Like the fact that you want
to charge other people for it. It's nothing.
Speaker 6 (32:43):
It is like, Look how this like actually works, right,
is that every single other country on Earth is forced
to buy American debt, which is what a bond is, right, Yeah,
And this allows the US to carry out even more
spending without inflationary effects every single other country.
Speaker 3 (33:01):
Everything is based on this, Yes, it's just it's.
Speaker 6 (33:04):
All forced on on like other countries having to stockpow
US dollars, like the literally the entire global economy. The
US is advantage in the entire global econy is that
every single other fucking country on Earth needs US dollars.
Part of this is to buy oil. And part of
this is again because the dollar is the fucking reserve currency.
It's the currency that fucking trade is done in, and
the assets that you hold is is like is the
(33:25):
fucking US bond. The anthropologist David Graeber called this in
his book Debt the First five thousand Years, a tribute
system that again, every country in the world is forced
to buy US bonds. The US government has just like
fairly explicitly like did this in the Reagan administration, does
this other times, like has just fairly explicitly leaned on
countries and been like, you're buying a fucking a fucking
bunch of US bonds now, right, Like this is this system.
(33:48):
The status of the dollar of the world reserve currency,
is the entire lattice that supports and spreads the American Empire,
and these fucking clowns one of people to pay taxes
on the tribute that they are.
Speaker 3 (34:03):
Paying to us.
Speaker 6 (34:04):
This is not by Trump from Elon Musk right, this
is the guy these people brought in to be their economist,
to do economic policy.
Speaker 3 (34:13):
Yeah.
Speaker 6 (34:14):
There there is no limit to their stupidity. There is
no rock of sanity upon which the tide of madness
will crash. Everything we have seen, we have seen so
far is just a prelude to an infinite abyss of stupidity,
so mindnumbingly incomprehensible it will shatter our minds like a
snowflake and a hurricane. You can no longer think to yourself.
(34:36):
They cannot possibly be this stupid. They are thinking thoughts
even gods can not comprehend. They are attempting to drain
the sea by shouting at the moon. They are trying
to wipe their ass with pine cones.
Speaker 3 (34:49):
There is no five.
Speaker 6 (34:50):
Dimensional plan here. There is not even a man behind
the fucking curtain. There is only an infinite sea of cruelty, malicon,
stupidity trying to drown us all for the crime of
attempting to ext in the world we're born in. The
reality of the men who rule the American Empire.
Speaker 9 (35:06):
Is this.
Speaker 6 (35:06):
It is so terrifying that everyone from the most powerful
CEOs on the planet to the fucking day traders running
the stock markets to broke left the ship posters recoil
in horror and try to construct meaning and some kind
of like anything, any kind of strategy, any kind of
strategic reason why anyone could possibly be doing this, because
the existence of a plan, literally any plan, no matter
how evil it is, is preferable to this, which is
(35:29):
that the largest economy in the world, the most powerful
empire of the world has ever seen, is being run
by the dumbest people who have ever fucking lift and
they are doing this because they are evil and they're stupid.
Speaker 3 (35:42):
Yes, yes, there's absolutely like yeah, yeah, no, nothing else
to say. Really.
Speaker 2 (35:50):
I think one of the things that is underpinning this,
which you can pick up on if you are cursed
enough to listen to enough of these speeches and enough
of their of their talking heads podcasts, is like this
reoccurring trend in which these people really need to be
victims in order to in order to politically succeed, which
is an accuation that's usually thrown against you know, woke sgws.
(36:11):
But like before the election, right, it was this idea
that that because because of the dem corrupt elite establishment.
You know, everyday Americans are are are victims of this,
of this hidden cabal of Democrats that that are ruining everything.
But but now that these people are in charge of
of of the United States, the people who are victimizing
(36:31):
us is just the entire world, right, the entire world
is ripping off the United States by using our dollar,
by by doing trade with us. They are somehow ripping
us off, like we are the victims of this global scheme.
And it's hurting you at the average blue collar worker,
and it's making women adopt managerial positions and and this
(36:52):
is this is what's actually is the core of of
your oppression. And even even even when they win, and
even when they control the country, they can't let go
of this victim status. They have to have someone ripping
them off in order to justify them doing just incomprehensible
stupid power grabs. And it is very much linked to
(37:13):
like this like masculine signifier. It's very odd, like like
the way that people are trying to trying to justify
losing so much money in the stock market. It's by
re posting a clip of some like Australian women dancing
on dancing on TikTok in like an office building, and
they're like, well, you know, tariffs are are are much
(37:34):
better than having to deal with women in the office,
am I right now?
Speaker 3 (37:38):
Women having a joke?
Speaker 2 (37:39):
This is this is this is how they this is
how they justify it.
Speaker 3 (37:42):
At least we don't have woke. It's worth it to
not be able to afford food. If THEO is the
global long house, that's a deep cut down long house
is burnt down. Sure, because the long House is burnt down,
we're now exposed to the elements and all of our
food story story are gone and it's about to snow
eighteen feet. But at least the long house.
Speaker 4 (38:04):
The long house with your am nephew in it, that
you hate and owned you at Thanksgiving, it is gone.
Speaker 2 (38:10):
Shout out to your nephew.
Speaker 4 (38:12):
Yeah, I guess what's the nibbling? Nibbling is a correct
non binary appollition.
Speaker 2 (38:16):
In other news, last week, President Trump said that he
would be quote unquote honored for the President of l
Salvador to take US citizens, which he calls American grown
and born criminals and put them into SEACOT. The terrorism
confinement center, which is essentially a prison work.
Speaker 3 (38:36):
Camp YEP, that no one gets released from.
Speaker 2 (38:38):
Yeah, Trump said, quote, why should it stop just at
people that crossed the border illegally? On quotes, But it
shouldn't stop that she shouldn't be there at all. And
and his James already mentioned seventy five percent of the
immigrants sent to sea caught don't have a criminal conviction.
These people are not criminals. Now, a few days later,
the White House presecretary reiterated that this is something that
(38:59):
Trump is seriously discussing, both publicly and privately.
Speaker 7 (39:03):
So the President has discussed this idea quite a few
times publicly. He's also discussed it privately. You're referring to
the President's idea for American citizens to potentially be deported.
These would be heinous, violent criminals who have broken our
nation's laws repeatedly, and these are violent repeat offenders in
(39:23):
American streets. The President has said, if it's legal right,
if there is a legal pathway to do that, he's
not sure.
Speaker 6 (39:30):
We are not sure if there is.
Speaker 7 (39:31):
It's an idea that he has simply floated and has
discussed very publicly. As in the effort of transparency, now.
Speaker 2 (39:37):
One of the last things we're going to discuss is
an update on DHS and ICE efforts to deport students
across the country. Me and James did an episode last
week which is still pretty relevant, but all of the
numbers have increased dramatically since that episode. As of Tuesday night,
April eighth, ninety two student visas have been revoked at
(39:58):
California University, fifty at UC campuses, and thirty six at
California State University campuses, with six more at Stanford. Also,
as of April eight, fifty student visas have been revoked
at Arizona State University, with multiple students now in iced attention.
Lawyers for these students believe that upwards of one thousand
visas have been revoked across the country. A map on
(40:21):
inside higher ed dot com shows four hundred and nineteen
confirmed instances of student visas or in some cases, green cards,
being revoked by Secretary of State Mark Rubio across thirty
four states, and as of Wednesday, April ninth, visas for
eighteen international students have been revoked at the University of Utah,
with these students and recent graduates received letters from the
(40:42):
Trump administration instructing them to quote unquote self deport immediately.
At Utah State University, more than thirty students have been impacted,
according to the university administration.
Speaker 4 (40:53):
Yeah, I'm aware of at least one UCSC student who
is detained at the border and immediately deported. And also
where the UCOP uc officer the president right a statement
about the impact of service terminations across its campuses. But
the UCSD Guardian, in a dub for Student Journalism, reported
that UCSD convened an emergency meeting before this of faculty
(41:17):
and it knew about the revocations or that the service changes, right,
they were revocation of their student status, and it was
reluctant to act because it hadn't received guidance from UCOP yet.
So we're seeing this from a lot of university administrations, right,
they don't know how to respond. I did see that
the University of Arizona was helping fund some of the
(41:37):
legal fees of their students, which is more than many
universities are doing as of now. There seems to be
no pattern of prior rest for the people who have
had their status has changed, But in some cases, it
seems that in some university systems. All of the people
who have lost their status are either Chinese, Indian, or
from majority Muslim countries.
Speaker 6 (41:58):
One other thing I wanted to close out is episode
on So we have an episode out about this already.
But one of the things that ICE has been doing
has been targeting migrant farm worker labor organizers.
Speaker 3 (42:09):
They have.
Speaker 6 (42:11):
I'm basically just kidnapped, like just straight up broke this
guy's window in his car and dragged him out. A
guy named Alfredo Quarez is known as Lalo. He is
an organizer for Familias you need Us Legisticia in Washington,
and there is going to be a protest. This will
be Saturday, the twelfth. That will be tomorrow as you're
(42:31):
listening to this, on Friday at Portland City Hall at
two pm. Organizers are also asking that you call the
Washington Attorney General to demand pressure be put on everyone
to release him. Yeah, if you want to hear more
about that, there is I have an interview with an
organizer who works with them, and yeah, it's real fucking bad.
(42:55):
The scale of the repression has been increasing. It's not undefeatable,
and this is a this is a tangible thing that
you can do to try to stop them. But yeah,
it requires movement now, and yeah, do this now before
it gets worse.
Speaker 2 (43:15):
To update another topic of the episode me and James
did last week, we mentioned that DHS was seeking input
for installing a new program to screen the social media
activity of people applying for immigration benefits for what would
they label as anti semitism. And this policy is now
in effect. This applies to quote unquote, aliens applying for
(43:38):
lawful permanent resident status, foreign students, and aliens affiliated with
educational institutions, possibly also people applying for citizenship. To quote
the DHS Assistant Secretary of Public Affairs, Trisha McLaughlin, quote,
there's no room in the United States so for the
rest of the world's terrorist sympathizers, and we are under
an obligation to admit them or let them stay here.
(44:01):
Secretary Nome has made it clear that anyone who thinks
they can come to America and hide behind the First
Amendment to advocate for antisemitic violence and terrorism, think again.
You are not welcome here. Unquote. The web page for
this new policy states, under this guidance, USCIS will consider
social media content that indicates an alien endorsing espousing promoting
(44:22):
or supporting anti Semitic terrorism, anti Semitic terrorist organizations, or
other antisemitic activity as a negative factor in any discretionary
analysis when adjudicating immigration benefit requests.
Speaker 4 (44:34):
So essentially, this.
Speaker 2 (44:35):
Means that if you've posted anything that is in support
of Palestine or criticizes the Israeli government, this will be
now used against you if you are applying for visa,
if you are applying for a green card, if you're
applying for citizenship and already live in this country as
a permanent resident lawfully. So just a wider net of
social media surveillance. Four h forour Media put out a
(44:58):
good article on when Day about a palanteer system that
ICE is using to look for immigrants and people in
this country, which allows them to select for specific attributes
with a pretty intense filtering system. So yeah, this is
ongoing and we will continue to report as such.
Speaker 3 (45:16):
Yeah, all right, everybody, Well until next week, please don't
go to an El Salvador in prison camp if you
can avoid it.
Speaker 2 (45:25):
We reported the news.
Speaker 3 (45:27):
Great, we reported the news.
Speaker 4 (45:39):
It could happen.
Speaker 5 (45:39):
Here is a production of cool Zone Media. For more
podcasts from cool Zone Media, visit our website. Coolzonmedia dot
com or check us out on the iHeartRadio app, Apple podcasts,
or wherever you listen to podcasts. You can now find
sources for it could happen here listened directly in episode descriptions.
Thanks for listening.
It Could Happen Here News
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Robert Evans
Garrison Davis
James Stout
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