Episode Transcript
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Speaker 1 (00:00):
Hey guys, Saga and Crystal here.
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We need your help to build the future of independent
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we do.
Speaker 2 (00:38):
We have Kevin Hassett of the White House telling us
we may have a quiet period in the labor market,
nothing to be distressed about, just because of AI displacement.
Might be a a little quiet out there in terms
of job creation. Also some updates on Larry Summers, who
was heavily featured in those Epstein emails that were released.
He says he is now stepping back from some of
his public commitments, So we will dig into what was
(00:59):
revealed there.
Speaker 3 (01:00):
And his response.
Speaker 2 (01:01):
Also a bunch of updates with regard to Ice. First
of all, Latinos who had voted in significant numbers for
Trump abandoning him also in significant numbers. And the Greg
Bovino team has now moved to Charlotte and then they're
apparently planning to go to New Orleans. So break down
what we know about those deployments and also the aftermath
of what happened in Chicago, some new indications about what
(01:23):
we may be planning in Venezuela. Will dig into that.
Sager has a property tax update for all of us.
Excited to hear from him on that one, and really
looking forward to this interview we have with a top
AI safety researcher. This is a guy who had left
Open AI because of his concerns about the direction of AI.
He is sounding the alarm and he co author of
paper called AI twenty twenty seven that's gotten a lot
(01:46):
of attention. That is his and his co author's best
guess of how AI is going to develop and the
major consequential, potentially civilizational risks entailed in this multi trillion
dollar project that the oligarchs and our government, Chinese and
everybody else are throwing tons of money at, tons tons
of effort at, so really looking forward to.
Speaker 3 (02:08):
Speaking with him.
Speaker 2 (02:08):
I've watched a bunch of his interviews and read his
paper obviously.
Speaker 1 (02:11):
So that's one really interesting guy. I've seen a bunch
of his stuff. I know some of you are familiar
as well with play clips of him here on the show.
Thank you to everybody who has been signing up at
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(02:52):
find the show. But let's go ahead and start there.
With the economy and this quiet period being described here
by the White House in this AI, they're saying, it's
just a little cooling off, it's just a little bit
of a blip of what's happening. Let's take a listen.
Speaker 4 (03:07):
Last CPI report. We got surprised forty eight Bloomberg economists
on the downside, and even had some sort of temporary
bad news because there was a refinery.
Speaker 1 (03:16):
That would shut down if you're looking at the top
flag number.
Speaker 4 (03:18):
I think that there have been mixed signals in the
job market and really really positive signals in the output markets.
As you know, we've got GDP now running close to
four percent, we've got productivity running up around three percent,
and so I think that there could be a little
bit of almost a quiet time in the labor market
because firms are finding that AI is making their workers
(03:41):
so productive that they don't necessarily have to hire the
new kids out of college and so on. But because
there's so much output growth and income growth, that's the
kind of thing that you know, a free market will
work out relatively quickly. As you know, new ways to
spend money emerge.
Speaker 1 (03:55):
Free mark's going to figure it out, don't worry about it. Well,
you know, it's one of those where I keep saying this,
The Biden vibes on this are just so out of control.
Like what they keep doing is they post charts, they
say the economy is historically better than ever. If it
is bad, it's always somebody else's fault. And if you
know to the extent it is somebody else's fault, we're
(04:16):
also we're not going to do anything about somebody else's fault, right,
so you can't. This is one of those where with
AI they just continue to basically think that yes, it
will shake out. It's free market creative destruction, the libertarian's
favorite word whenever it comes to this, And you know,
maybe there is something to that. But part of what
is so distressing and we're going to talk about with
the AI twenty twenty seven plan is basically they keep
(04:38):
saying stuff out loud like none of you are going
to work in five years, and the government is just
completely just letting it go. Just this morning, House Republicans
are apparently scheming to try and put some language in
that will block all states from regulating AIS any individual state.
Remember this, They previously tried to pass this gambit and
there was a pushback against it, and I'm increasingly just thinking, like, look, look,
(05:00):
I'm sorry, Like we have to have democratic check whenever
it comes to our relationship with this technology, when billions
of us are going to use it, and you out
in your own words, if we take you seriously, it's
going to cause mass layoffs, It's going to disrupt every
facet of our society. It's just too important to leave
in the hands of Sam Altman. I don't trust him,
and I don't think anybody.
Speaker 2 (05:19):
Else should oh or anyone anyone or literally anyone else.
I mean, so, I actually been thinking a lot about
this this week, and increasingly obviously.
Speaker 3 (05:26):
There's a lot going on with the Trumpeters.
Speaker 2 (05:28):
There's you know, Ebstein files, there's the big beautiful Bill,
there's Venezuela, there's the Ice deployments. There's a lot of
shit going on with the Trump administration. I'm increasingly feeling
like the AI push is actually the main event, is
like the main done just in terms of the consequences
of it that I've already been convinced of, but that
(05:48):
you know, in Trump's campaign, you'll recall you had, first
of all, him flip his position on a bunch of issues,
including crypto in order.
Speaker 3 (05:56):
To please these tech oligarchs.
Speaker 2 (05:57):
You had a bunch of these tech guys who previously
we like more or less Democrats or voting for Democrats,
supporting Democrats, flip their support to Trump. You had Elon
Musk himself coming in with what two hundred and fifty
million dollars plus and taking an extremely aggressive, active role
in the campaign, being influential in who Trump picked as
his VP. And then what happens as soon as he
(06:17):
comes into office. First of all, you guys will remember
the images from the inauguration where he's surrounded by all
of these tech barons. A striking image and a striking
portrait of what was to come. In that initial batch
of executive orders, you remember there was a whole slew
of them, so it was somewhat lost. But immediately what
he did was to roll back any of the safety
(06:38):
guardrails that have been put in place by the Biden administration.
The whole push of this administration has been to completely
deregulate the tech industry, I mean regulation in general, but
specifically the tech industry, and make it so that it
was completely.
Speaker 3 (06:53):
Off to the races.
Speaker 2 (06:54):
With this AI tech development with no breaks on the car.
We had multiple press conferences with these guys. You see
them at dinners with these guys. This is the central
piece that this Trump administration really is about. They're placing
this bet that number one, we can beat China to
ag artificial general intelligence, and that number two, it's going
(07:16):
to magically solve more problems than it creates. When if
you actually listen to the researchers of one of them
we're going to talk to you today. If you listen
to even guys like Sam Altman or Mark Zuckerberg, who's
one of the least responsible actors actually in all of this,
you listen to Elon Musk, they'll tell you we are
planning to replace at the very least tens of millions
(07:36):
of jobs with robots, like we are planning to make
you irrelevant. This is already happening. We covered how Amazon
their plans to eliminate half a million jobs were leaked.
The New York Times got their hands on it. They're
already implementing this. There is a warehouse down I believe
in Shrapeport, Louisiana, where is largely robots already. So this
(07:58):
is happening now. This clip from Kevin Hassett is so significant.
I think, as far as I know, this is the
first time the White House is acknowledging that that labor
displacement is already happening. Now it's happening exactly the places
you would expect, with coders and with new employees coming
out of college, so that those entry level jobs are
being destroyed. People cannot get their foot on the ladder
(08:21):
that is where it starts.
Speaker 3 (08:22):
But they have much bigger goals.
Speaker 2 (08:24):
So when he says, oh, it's just a quiet time
and plays it down and frames it actually soger like
this is some plus. Oh, they're just you know, these
companies are getting more productive. It's a good thing actually
that we're displacing all these workers and there's going to
be a spike in unemployment and young kids coming out
of college are not going to have jobs to go to.
Speaker 3 (08:42):
That's how he's framing it.
Speaker 2 (08:44):
That's how they're thinking about it, and that's how these
companies are thinking about it too, which is why they
all go out and brag as much as possible about
all the layoffs that they're doing.
Speaker 1 (08:51):
Yeah, I mean, you know, to think it back. Actually,
if you even roll the tape of our inauguration coverage.
What we said is if you roll back, you know
you will offer You may think that the most significant
thing that happened in the Trump administration was AI. You know,
considering all those tech CEOs, which we literally said on
the day he was inaugurated with that picture, AI regulation
and all of that has also just been a morass.
(09:13):
You know you're talking about AIS. I did a few
monologues about it at the time. Unfortunately, the Biden rules,
in my opinion, would have basically just crystallized too big
to fail. With a lot of the open AI and others.
At that time there was a little bit more of
a hope for an open source direction. The Trump administration
has abandoned even the Biden administration's effective commitment to op
(09:33):
too big to fail and to regulation because what they've
done they need the AI companies to continue to investing
in our economy. If they do stop building these data centers.
We are in an official recession.
Speaker 3 (09:46):
Now.
Speaker 1 (09:46):
We're going to get to some data that already shows
some recessionary impact. But the issue is the stock market
and GDP is entirely reliant on these AI gains. That's
part of the reason they'reletting them let fly because they're like, look,
without this, we're screwed. I mean, you go to talk
about tariffs and all this other stuff, the discussion is
totally different without a lot of these AI companies, And
(10:06):
in general, you're actually seeing recession and inflation problems that
are bubbling up everywhere. Consumers are more miserable than ever before,
literally rock bottom sentiment, and of course the same type
of Biden administration stuff trying to tell consumers that they're wrong,
like they're not wrong, they're empirically correct when it comes
to grocery prices, housing, basic cost of living, health insurance,
(10:27):
all the stuff that we cover here on a day
to day basis, And the administration is doing the same thing,
trying to blame other people. In fact, frankly, they're just
doing it an even dumber and more low IQ way.
Here with Scott Bessen for his explanation on beef Maria.
Speaker 5 (10:40):
The beef market is a very specialized market. It goes
in long cycles, and that this is the perfect storm
again something we inherited. And there's also because of the
mass immigration, a disease that had been we've been rid
(11:01):
of in North America made its way up through South
America as these migrants, they have brought some of their
cattle with them. So part of the problem is we've
had to shut the border to Mexican beef because of
this disease called the screw worms, So we're not going
to let that get into our supply chain.
Speaker 1 (11:21):
So yeah, the explanation is that some of these people
have brought the cows with them and that that's the
disease that is spreading me so well, you know, I checked,
by the way, I did check on that. What he's
alleging is something called bovine sponge ofform and cephalopathy. But
from what we see on the CDC website and others,
(11:42):
it is not necessarily because people are bringing cattle over
the border with them. But regardless, you know, actually just
heard from somebody yesterday and others like beef prices in
terms of sticker shock at the grocery store are ones
where people are paying a lot of attention. But I
increasingly buy the housing theory of everything, and when you
buy that and you look at the data, it's just
(12:02):
a disaster, not only in terms of home prices and rates.
But put this next one, please up on the screen.
New Flora closures have now jumped some twenty percent in October,
a sign of more distress in the housing market. Foreclosure starts.
That's the initial phase of the process rose six percent
for the month, and we're twenty percent higher than the
year before. Completed foreclosures the final phase are up thirty
(12:25):
two percent year over year. Florida, South Carolina in Illinois
leading the state in Florida in foreclosures. They say that
some thirty six thousand US properties with some type of
foreclosure in October, such as default notices and others. That's
twenty percent higher than the year prior. I mean, there's
a lot of potential reasons for that. Usually it's just
that people's household balance sheet and debt, which we've also
(12:47):
been covering here now for years. It does eventually catch
up if you're unable to make those mortgage payments. Also,
potentially the government shutdown. Who knows how many of them
were workers and others who are already behind on their
bills and they just got a final final screw turning
in there. So we don't know exactly what the reason is,
but you know, if you lived through seven, you don't
want to be seeing headlines like this. You just don't
(13:08):
want to see it period, right. You want people to
have enough money that they're at the very least they
can make their kind of monthly bills. And right now
with inflation at the grocery store, with housing, with rates
and others, it just feels more unattainable than ever before.
Especially and it's not about feeling. You can look at
credit card balances, wages flat for over the last couple
(13:29):
of years, and you can say it's pretty obvious where
things are right now.
Speaker 2 (13:32):
Yeah, I just saw this from CNBC as well. It's
the corollary to what you're saying about home foreclosures. Home
Depot is cutting their earnings outlook as home improvement demand
falls short of expectations. Apparently, they missed their third quarter
earning estimates. That's their third straight miss. They cut their
full year profit outlook. The company said slow consumer spending
and a weaker housing market have made home improvement demand
(13:53):
worse than it expected. So you can see indications of
those ut youwhere yeah.
Speaker 1 (13:57):
You can see it in that debt. And then also
so because AI is the single bet, then you also
start to have to pay attention to some of these
people who are you know, exiting their position. There was
a huge one News yesterday showed let's put this up
here on the screen A four. Peter Teal's hedge fund
has now dumped his entire Endvidia stock and has cut
back even on the Tesla position. I mean, it's one
(14:20):
of those where people obviously are trading and all of
that all the time, but in general when you look
at the people who are exiting and now starting to
call the top. Let's say, on Nvidia, you had Michael Burry,
the famed big short investor. Again it's always the caveat
he has called many since the big short and he
was incorrect. But he is staking out a big position
(14:43):
against an Nvidia and Palenteer. But here what you see
is that they sold some five hundred and thirty seven
thousand shares in Nvidia. The steak would have been worth
about one hundred million dollars, so the company's closed price
on September thirtieth. This Teal sell off, coupled with Soft
Banks sell off of its own n Video holdings last week,
(15:04):
has fueled Wall Street's angst that the frenzy driving these
sorts may have peaked, putting at risk the trillions of
dollars that are committing to AI advancement. Investors and analysts
still looking to the third quarter results are reported tomorrow
to dispel worries of a bubble. At the same time,
this I actually found kind of fascinating in myriad ways.
(15:24):
Put a five here on the screen. So the founder
of Klarna, he's the Swedish billionaire. Now, if you don't
know what Klarna is, it's one of those buy now,
pay later apps. So a guy who became a billionaire
by founding a company which has basically saddled people with
hundreds of billions of dollars in buy now, pay later debt.
So's you could call him a debt billionaire. I think
(15:45):
that's too fair. Now, says I'm nervous about all of
this AI debt spending. Seems to me he's an expert
in debt. That just me personally like the guy who
literally created a novel way of debt in the twenty twenties,
which that takes skill. I wouldn't say it's moral or anything,
but takes skills, certainly to try and extract more money
out of the consumer economy. In the twenty twenties, this
(16:08):
guy says, I'm nervous about the trillions of dollars of
spending on AI. He says the tech industry is committing
too much money to huge computing infrastructure. He is a
shareholder in open Ai, Perplexity xai service through his family office.
He told The Financial Times that huge sums being poured
making nervous. I think open Ai can be very successful
(16:29):
at a company, but at the same time, I'm very
nervous about the size of these investments in data centers.
That's a particular thing that I am concerned about. He
himself calls himself an AI evangelist, and he says an
AI chatbot already handles two thirds of his customers services
and inquiries over at Klarna. Now what he's pointing to, though,
I we keep hammering this home on the show open
(16:52):
Ai and Perplexity. In all these places they make money.
No one's saying they don't make any money. They actually
make a lot of money. But they have so much
the door that in terms of commitments that open ai itself,
it's current projected loss in twenty twenty eight is seventy
eight billion. Seventy eight billion dollars of losses just in
twenty twenty eight and a trillion dollars in spending commitments
(17:12):
just for that one company that doesn't even factor in
Xai perplex all of these other data center commitments. So
if you have even a marginal crawl back to reality,
that is a crash for our economy and for our GDP.
That's the problem. And I mean, look, enough people are
saying it at this point. I don't even really think
(17:32):
you could call it a black Swan event. It's one
of the more predictable things there are. Obvious business cycle
is one of those things they teach you and like
econ one oh one, and everyone's just kind of on
pins and needles waiting for it to happen. But Wall
Street's irrational exuberance. Also, it doesn't seem to be fading.
There's still billions of dollars being poured into this, so
really nobody knows, like you could be, you know, it's
(17:54):
you could either be a person who is you know,
crying wolf or something like that. Like, nobody is exactly clear.
Nobody wants to miss out on the gains. But the richest,
some of the richest fund managers in the world, they're
taking profit they're selling and they're saying, hey, that's enough,
We're going to take the cash. Yeah, what it is
that makes me very nervous.
Speaker 2 (18:13):
A lot of the logic of it is people don't
want to be left on the sidelines because think of
what has been advertised as the end state of AI
is one of these companies is going to reach AGI
and that's going to change everything and the you know,
the company and the founders or the CEO, the executives,
whoever's in charge at that time that are you know,
in charge of that company. When they achieve AGI, not
(18:35):
only are they going to become tremendously wealthy, they're also
going to become tremendously powerful, like tremendously powerful in a
way that has never we've never seen before in the
history of the planet type of powerful if the promise
lives up to what they're holding out.
Speaker 3 (18:50):
So, yeah, these guys who.
Speaker 2 (18:52):
Are megalomaniacs want to make sure that they are have
a stake in the winning team when that it all
comes to pass. Now it's possible, it never does come
to pass. Our guest today will say, you know, he
thinks it is he believes that they are going to
get to that point, but it's possible they never do
get to that point, that it stays sort of in
the realm of what it is now, which is still
(19:13):
causing a lot of havoc and displacement and a lot
of significant consequences, a quiet time in the labor market,
as Kevin has to put it. But it's possibly, you know,
that's the sort of thing like we could as a
society sort of metabolize and deal with with, you know,
significant pain, but we could deal with over time. They
don't want to be left out of the big seismic
revolution that they think is possible here with AI. So
(19:38):
that's why even as everybody knows that this is a
bubble in some sense, but why the money is going
to continue to pour in is because of that dynamic.
The last piece we have here is you know, getting
back to the nuts and bolts of people's lives, and
obviously the data center buildoun has a huge impact on
that as well. Republicans increasingly blamed for poor economic conditions.
(19:58):
We can put a six up on the screen. This
This is an area where Republicans traditionally have an advantage
on the economy. Trump specifically has had a major advantage
on the economy that's been his consistent strength up until
this term, and now according to this NRCC polster. So,
this is a Republican polster for the first time in
two years, voters whose top priorities inflation and the economy
(20:22):
now prefer a generic Democrat for Congress by thirteen points
over a Republican. And I'm not sure if it was
by this polster or a separate one they pulled specifically
on Okay, who do you blame for healthcare price increases? Overwhelmingly?
People said the GOP. Who do you blame for electric
bill increases? Overwhelmingly? People said the GOP. So if you
(20:42):
want to know why the election was so incredibly lopsided
this year, and why I think Republicans are had to
for yet another significant reckoning in the midterm elections, you'd
be hard pressed to find a better explanation than this one.
Speaker 1 (20:54):
Yeah, no, I mean the economy. Look, people always blame
the party in power. That's what Biden was blamed for
four years. And as I said four years ago, almost
to the day, you have to be appear as if
you're doing something about it, as if you care about it,
and instead you know you're blocked. It's that's why the
epscene thing is important, because you're blocking that while also
(21:15):
seemingly not doing much for me and obsessing over your
own personal quest to get the Nobel Peace Prize because
you've ended ninety wars now or whatever. At this point,
right the Democratic Republic, everyone is celebrating, of course, the
end of potential end or whatever of that conflict. But
that stuff, you know, the narcissism and all that, people
(21:36):
can deal with a lot as long as thing or
economy is doing well. The classic bumper sticker of the
Trump era or the Biden era was could use some
mean tweets right now as long as the gas was
two dollars. And it's like, well, the whole point beyond
that is I don't care about the personal conduct or whatever,
as long as things are going well in my life.
And it's like, well things aren't going well in your life, well,
(21:58):
then that stuff actually all really does start to matter.
That seems to be the overall endpoint for a lot
of this. And look, I don't know, I mean, you know,
you don't want to read too much into a single
day movements, but there's just been like slow kind of
movements in the s and P five hundred. There was one.
Speaker 3 (22:14):
Yesterday, there was a drop morning.
Speaker 1 (22:15):
Futures are down again this morning, we're not. You know,
things can change literally on a dime here, but Federal
Reserve doesn't look like it's going to step in and
do anything drastic anytime soon, right, So things generally seem
to be in stasis for now, and stasis is trending
in a down direction. If you look at house balance sheet,
housing and more, nobody is planning anything radically to save you.
(22:38):
In fact, they're probably planning something radical in the opposite direction,
which I'll get to it in property tax bit like.
If anything, the people who are at the top of
the status quo are doing everything they possibly can to
preserve said status quo, and in a way, I think
there they are girding themselves for a potential crash to
insulate them from any potential chaos and make it so
(22:59):
the younger people and the new generation will not only
bear the entire brunt, but will be the ones who
are totally screwed. Yeah, while they're completely.
Speaker 3 (23:07):
Safe, I mean it's work.
Speaker 2 (23:08):
When you think about the AI aspect, it's much worse
than the status quo because they're actively planning and celebrating
feeding you to the wolves.
Speaker 3 (23:14):
I mean, that's what Kevin.
Speaker 2 (23:15):
Kevin has it is saying, it's like, oh, it's great
that these they don't have to hire these kids out
in college anymore. That's that's great. It's improved productivity. That
is their goal. Like their goal is to make it
so that you are irrelevant. Your labor is relevant, like
forget about chief labor. They want no labor. They want,
you know, to hand as much off to the robots
as they possibly can. That's their goal. That's the stated
(23:39):
goal of all of these tech executives. That's you know,
when you want to ask yourself the question, Okay, these
trillion dollar you know spend that open Ai has planned,
and these other companies you know somewhere similar ballpark figures.
Speaker 3 (23:51):
As well, how are they going to make that money.
Speaker 2 (23:53):
It's not going to come from you and me signing
up for you know, a chat GPT subscription. No, it's
going to come from giant companies who are willing to
pay large sums of money to get rid of you,
to get rid of your labor. That is what they're
betting on, and that's what this administration has gone whole
hog behind. This is a central driving force, if not
(24:13):
the driving force, of this administration. That's why these guys
gave Trump so much money, That's why they did so
much for him for his election. You know, they're also
sort of directly involved in the massive amount of wealth
that he's accumulated.
Speaker 3 (24:24):
Through his crypto scam.
Speaker 2 (24:26):
Like this is the play, and so you know when
Kevin has it comes down, it is openly celebrating and
justifying significant layoffs and lack of hiring because of AI development.
Speaker 3 (24:39):
Everyone needs to pay attention.
Speaker 2 (24:40):
To what their actual goals are and the way that
they are using policy and executive orders and funding and
financing and relationships to build this whole thing out. And
thank you for the flag about that they're trying to
do this thing again. Of the States can't regulate AI,
which is absolutely insane, and everything he needs the rooftops
about this.
Speaker 1 (24:58):
That's why I'm not I'm not exactly sold on the
master Plan because I don't think it is I genuinely
think it is an absolute alliance of convenience and of stupidity.
Republicans are dumb, and they like money, right, and they
want job creators or whatever. Now Elon and all the
rest of these people, no question, Okay, of course they're
sucking up to Trump to try and get as much
(25:18):
out of it. A lot of is to try off
hold off regulation and basically to convince them that they're
the single driving enging of the economy. And I think
that is true. It also aligns with their overall posture
towards deregulation itself, because that's something like built into the
Republican psyche. What they mostly want is to be left alone.
I think that's bad. I mean, especially Sam Altman and
(25:39):
Mark Zuckerberg and Dario. I mean Dario, he just goes
on TV and he's like, none of you are gonna
be working in five years, and everyone's just supposed to
accept that as they're like, oh, okay, got it right.
I mean, they genuinely act as if they're going to
face no consequences, and so yeah, I mean, I just
to be.
Speaker 2 (25:56):
Clear, I don't think Trump gives a shit about any
of it at all, Like he cares about the stock
market keeps going on. But you know, I think he
wanted to stay on prison and get back in the
White House, and these guys were willing to throw tons
of cash at him, and he's checked out of this
administration handed off significant chunks of it to other aids,
(26:17):
whether it's you know, Steven Miller, Mark Rubio or whoever.
And so yeah, I'm not saying like that he's a
devoted AI acolyte. I don't think he gives a shit.
But I think he's turned this whole part of his
administration over to these tech oligarchs and basically sold his presidency,
this aspect of his presidency, to them, and they're going
to get whatever they want from him. I mean the
(26:37):
H one B conversations like fits in that right. And
you you flagged at the time when he went on
the All In podcast during the campaign and was like,
I'm gonna staple the visas to the diploma, and you
were like, what how does this fit with the other
things that he said. Now, listen, you guys, you know
I'm pro immigrant. I am also pro major reform of
the H one B program, which is genuinely exploitative and
(27:00):
undercuts does undercut native tech workers as well. So for
him to come out now and be like, I want
six hundred thousand Chinese students in our universities and I'm
still pro h one. B Ask yourself the question, why
are these two things so dissonant from the other things
that he said on the campaign trail, And it's because
it's what these tech oligarchs want. He's going to do
(27:22):
whatever it is that they want. He sold this part
of his presidency to him, to them, to me. That's
just like abundantly clear. And those answers to Laura Ingram
are just one example, one, you know, small but significant
example of the way that he has outsourced this whole
part of his presidency, which is unbelievably important to literally
(27:42):
all of us, to the worst people in the world.
Speaker 1 (27:46):
Yeah, I mean, well, they seem uncowed and they definitely
seem to have a lot of power, which is part
of the problem. Speaking worst people in the world, what's
going on with larious?
Speaker 2 (27:57):
Right, So, Larry Summers, former Chargery secretary, has been basically
the scene of every great economic crime in our recent past,
whether it's a bank balance, whether it's NAFTA. You could
go on and on with him, continues to have tons
of influence for unknowable reasons within the Democratic Party and
was part of this Center for American Progress, pushed to
(28:18):
create their own, you know, they were like, oh, the
Republicans did Project twenty twenty five, We're going to do
Project twenty twenty nine. So he was very influential part
of this development within Center for American Progress of the
economic plank of Project twenty twenty nine, which is terrible,
and it's part of the Centrists and the corporatists trying
to keep a hold on the Democratic Party even as
the base revolt against them. And Zorn m Donnie is
(28:40):
the most popular figure in the Democratic Party. So lo
and behold, this isn't a big surprise. We knew Larry
Summers had a significant relationship with Jeffrey Epstein, which he
apologized for in the past. But this man is all
over the Epstein emails that just came out. One of
the central characters. Trump is mentioned a lot more, but
Larry Summers is mentioned a lot. And we have direct emails.
(29:01):
Unlike with Trump, we have direct emails between Larry Summers
and Jeffrey Epstein that come out of this and they
I'll show you some of them. They're pretty wild, the
sort he was getting like relationship advice to chase after
some lady while he's married.
Speaker 3 (29:16):
By the way, from Jeffrey freaking.
Speaker 2 (29:18):
Epstein and was messaging with him right up until he
is put in literal prison, So very.
Speaker 3 (29:24):
Deep relationship with him.
Speaker 2 (29:25):
Okay, So after all of this came out, there's a
bunch of public pressure, and he is now as of
yesterday afternoon or evening, could be one up on the screen,
he is now announced that he is going to step
back from all public commitments in light of those messages
that were revealed, with Epstein saying he is deeply ashamed
and hopes to quote rebuild trust and repair relationships. He will, however,
(29:50):
continue teaching at Harvard. Let's put the next piece up.
Speaker 3 (29:53):
On the screen.
Speaker 2 (29:54):
American Prospect has been doing some fantastic reporting here. I
have to think that some of the pressure that came
from Daniel b Augus Law here at American Prospect and others.
Ryan also highlighting his emails and also some Chinese government
official connections.
Speaker 3 (30:08):
I'll get to that in a moment.
Speaker 2 (30:09):
But they talked here about the way he was guiding
this project at the Center for American Progress. So, according
to people with knowledge of the arrangement, one of the
leads on the economic policy plank for the project twenty
twenty nine project is Harvard professor and former Treasury Secretary
Larry Summers, who has now been exposed as regularly exchanging
emails about his personal life with the notorious sex trafficker
(30:30):
Jeffrey Epstein. Officially, Summers has the title of Distinguished Senior
Fellow at CAP. All three sources confirmed CAP is compiling
a policy blueprint in the event of the Democratic presidential
victory in the next election. Summers had taken a leadership
role in advising the project's economic policy arm to the
sources said. They also said Summers was the final sign
off on a CAP housing policy paper set to be
(30:51):
released next week, and they have CAP has now confirmed
that is part of his announcement that he will be
stepping back, so from public commitments. He is also stepping back,
will no longer be involved with Center for American Progress
and presumably this policy project.
Speaker 1 (31:08):
Yeah, but I think what's important to note about Summers is,
first of all, you know, this whole I'm deeply ashamed,
Like did you really deeply ashamed because he got caught Okay,
you know, and in terms of his look, you could
already have judged him on his policy record in the
Clinton White House or anywhere else as the Trump or
as the Harvard University president, Like he clearly had a
(31:31):
long relationship there with Epstein. But what's really disgusting is
the way, look, remember this is all post sex offender
conviction number one, number two in terms of larry his
own wife is apparently sending Epstein recommendations for books including
Lolita all right, which, if you'll remember, he actually was
found with a first edition copy of Lolita, which is
(31:54):
I mean disgusting. Yeah, if you don't know what it is,
google it, okay, And it's one of those where inside
of this you know, piece about his lecherous behavior and
luring this woman and kind of looking to Epstein as
like this wingman. Literally that's the way that they describe it.
You're like, this is so repulsive. And I saw it
(32:16):
very interesting piece in the Rap actually where a columnist
was coming to grips with the fact. She was like,
you know, I've long been an insider, and every Thanksgiving
I am confronted with a relative who believes that the
world is run by a global pedophile elite. And she's like,
now it's painful to admit that they were credited. I'm like, yeah,
(32:39):
it's true. I mean, look, I'm a cynical guy. I've
lived here for a long time. You hear stories, you know,
about things and all of that, even not like when
you really read the Birthday book, it's shocking, Like it's
shocking to see some of the world's richest, the most
powerful men, including our current president, past presidents, Oh, Jeffrey,
I mean Trump, wonderful secret the check thing about the girlfriend,
(33:04):
the drawings and the.
Speaker 2 (33:04):
Cartoons intentionally child like, the child like probably freak out
more than any like.
Speaker 1 (33:09):
And remember that I still haven't been able to track
that guy down. I've been looking for him, the guy
with the child drawing where it looked like literally some
eyes wide shut pianists type thing like. It's I'm telling you,
I tried for days to actually find the guy who
drew that. I think he lives in Spain, but you know,
completely unable to find the fact that it hasn't come
out at this point is kind of weird in my opinion.
(33:29):
It was a small child at the time that that
drawing was done. Uh, you'll recall, you know, some of
the emails that I was reading recently, Epstein replied to
somebody and was like, please send a picture of you
and your child always puts a smile on my face. Weird, Sorry, weird,
all right, weird. It's one of those where you look
at their own like winking, nodding behavior, not to mention.
(33:51):
I mean, remember the birthday book. They literally were making
rape jokes in there. They're like rape fantasies about wearing
masks with while they're holding guns and knives, about going
out and like just finding someone to violently rape them.
Like this is the stuff that they joked about. So like,
if you're joking about that, what's actually happening I mean
behind the scenes and from a very very young age.
(34:12):
So the fact is is Larry Summers was a part
of that. And what we always try to say is like, yeah,
the whole point of the Epstein story is it ain't
just Summers. It's Leon Black, it's Les Wexner, It's Trump,
it's Bill Clinton, it's Bill Gates, it's the Nobel pe
Priest Pricipol, it's a bunch of Israeli former prime ministers.
(34:35):
It's you know anyway, no, no, no, no, it's four that
he has known connections to. Now in terms of you know,
potential lectrous behavior, you're right, But in terms of having
direct connection to we have at least some mentions of
four separate Israeli prime ministers that he's had a connection
to Mongolia is president Coate Devoir, the daughter there of
the leader. I mean, this is paints a picture which
(34:57):
is I mean it's eyes wide shot literally like it.
It is a actual representation of a look at the
end of the day, what do people always say, like
absolute power corrupts absolutely and so we already know that
people who are filthy rich live a very different life
from all of us. In fact, Jess yesterday, I'm one
(35:18):
of those suckers for one of those Wall Street Journal
stories which is like how the ultra rich are living
in luxury and it's like the super rich Miami real
estate developers just invite a Wall Street Journal reporter along
with them to brag about their private dinner clubs and
their jet setting lifestyle. And I was like, wow, people
not only have no shame, but it's one of those
where you're like openly bragging about how the richer that
(35:41):
you are, how pleasant it is to get away from
as many peasants as possible. I mean, they're like, say
this shit out in the open. I mean they say
it in a more polite way. Obviously it's like, oh, well,
real luxuries, not it whatever. My point is, just like
they everybody's it's almost just like out in the open
now at that point. And I mean that's why I
think the Epstein story matters, is because it just shows
(36:02):
that they transcend a level above where not even normal
but like normal ish people are and they act with
a totally different set of rules, and that set of
rules corrupts at the sole level, at the financial level,
government level, truly, and those are the people broadly who
are in charge of the world's riches and of the
(36:24):
world's governments. I think we should all grapple with that.
Speaker 2 (36:27):
Yeah, I mean, I think having a bunch of billionaires
is inconsistent with democracy. I think it does, like you said,
corrupt you on like a deep foundational level where yeah,
you just don't see yourself as part of this sea
of humanity. And there's also this level of decadence and
boredom that seems to come where it's just like, you know,
(36:48):
you're just looking for more and more elaborate displays of
like wealth or opulence or you know, decadence in other ways,
with Larry Summers in particular. I really want people to
I don't know if people how much you know about
this man, but he's sort of the ultimate Washington like
serious thinker, you.
Speaker 3 (37:08):
Know, very highly esteemed.
Speaker 2 (37:10):
Harvard obviously has advised multiple presidents. He's always consulted Trump. Still,
would you know, I mean, he's Biden still was talking
to him. Obviously even now, even even before these emails
came out, we knew about this relationship with Epstein, but
Center for American Progress is still bringing him in for
their economic policy plank. Like he's seen as the ultimate
like serious economic thinker, especially in democratic circles. And so,
(37:37):
you know, to have these emails revealed, which are disgusting,
let's put the next Harvard Crimson tear sheet up on
the screen, which details some of them. So a summersat
clandestine relationship with women he called a mentee. Epstein was
his quote wingman, and Sager used that terminology like that's
how they referred to it, right, That's not our characterization.
(37:57):
That was how they refer to this relationship. And so
I'll read you a little bit of this. They say
in a sequence of text and emails between November twenty
eighteen and July fifth, twenty nineteen. What's happens in July
of twenty nineteen, Soccer Epstein goes to prison, So he's
emailing this man right up until he goes to prison.
Summers turned to Epstein for advice on his pursuit of
this woman, who he described as a mentee. Epstein was
(38:20):
quick to chime in with assurances and suggestions, describing himself
in one November twenty eighteen message as summers wingman. Then
explains how they became public. Summer's correspondence with Epstein, a
financier who pled guilty to soliciting prostitution for minor in
two thousand and eight, ends just one day before Epstein
was arrested on new sex trafficking charges. Together, the messages
(38:43):
show Summers placed an extraordinary degree of trust in Epstein,
asking him for help in navigating relationship that blurred the
boundaries of his professional and personal lives. Again, by the way,
Larry Summer's married during this entire time. Summers, who was
married since two thousand and five, told Epstein he thought
the woman was reluctant to leave him because she valued.
Speaker 3 (39:01):
His professional connections.
Speaker 2 (39:03):
Epstein told him in one June twenty nineteen text, she
is doomed to be with you think for now I'm
going nowhere with her except at economics mentor, Summers wrote,
I think I'm right now in the scene very warmly
in rear view mirror category. She must be very confused
or maybe wants to cut me off. But one's professional
connection a lot, and so holds to it, Summers wrote
(39:23):
in a March twenty nineteen exchange, explaining why he believed
she continued to engage with him despite tensions, which listen
is also disgusting that he knows she doesn't really want
to be with him romantically, but he has this powerful
position and sort of hold on her, so he's using
that to maintain the sexual relationship even though what she
(39:45):
really wants is actually just the mentee relationship. Is disgusting,
Like that's what he's acknowledging in these emails to Epstein,
is like that's the hole that he has on her,
and that's what he's going to exploit to keep her close.
Speaker 1 (39:57):
It's like a I mean, it's like a parody of
me too. You know. It's one of those where it's
like the you bring together.
Speaker 3 (40:03):
Power, the power dynamic yeah.
Speaker 1 (40:04):
Yeah, right, I mean god like and look, you know
it was a critic and stuff of me too, but
like some of these people are real, like some of
these creeps. It started for a reason. I mean, I
have no other way. Really, dude, describe it. Put some
of the emails. Let's go to be four, just to
show everybody. Let's put it up here on the screen again.
March of twenty nineteen, he says, we talked on the phone.
(40:25):
Then I can't talk later, didn't think I can talk tomorrow.
I said, what are you up to? She said, I'm busy.
I said, awfully, koy you are. Then I said, did
you really rearrange the weekend we were going to be
together because guy number three was coming? She said, no,
is schedule change. After we changed our plans, I said, okay,
call me when you feel like a tone was not
a good feeling. I didn't want to be in a
gift giving competition while being friends without benefits. This is hilarry.
(40:47):
In March twenty nineteen, how old is he at this point?
Like sixty something? Epstein, She's smart making you pay for
past errors. Ignore the daddy. I'm going to go out
with motorcycle guy you reacted well dot dot dot annoyed,
shows caring, no whining, show to strength. I mean, yeah,
like this is literally like I don't know, it's like
teenage behavior, which weird even at that point. But these
(41:10):
are sixty year old men who are the ultra rich,
who are also in Larry Summers case, literally married. I mean,
I have no idea how he can ever show his
face in public. Ever. Again, let's go to the next one, Shawe.
In terms of the emails, same thing.
Speaker 4 (41:23):
You know.
Speaker 1 (41:24):
This was from Larry Summers to this woman who he
was wooing. He said, I wanted to show how grateful
I am and have been for your support, also for
the support of my father's work. This is what she's saying.
I don't say these things often by hope, he implies.
You know, it's one of those where he is exploiting
this relationship and his own past relationship with her father
(41:44):
to like try to woo this girl. I mean, are
this woman right at the time? I just think it's
really sick.
Speaker 2 (41:50):
So this is the woman that it appears the messages
were about, and so he had this mentee relationship with her.
But in addition, her dad is a CCP official, So
you know, I mean, there's just all sorts of layers
of morally professionally inappropriate.
Speaker 3 (42:11):
I mean, it's it's gross.
Speaker 2 (42:13):
And then the fact that this man is still was
up until this moment so trusted by so many people
in power here in DC is extraordinary. Caput B six
up on the screen here from ze Jalani.
Speaker 3 (42:25):
This was the original.
Speaker 2 (42:26):
He's deeply shamed after new Epstein emails and will pause
public engagements. So there you go. That's the tale of
Larry Summers here. But you know, he's just emblematic of
so many and you know the fact that Epstein had
these close relationships with people like him who are held
in such high esteem by so many elites and look
(42:46):
to for guidance and wisdom and serious person blah blah
blah is part of how he was able to maintain
all of his you know, his wealth and his connections
and his banking relationships. This is one one piece because
he would people would he would use the fact that like, oh, well,
Larry Summers truss me, will Bill Gates trust me? Well,
Elon must trust me, so why wouldn't you? And the
(43:10):
fact that they all had this cone of silence around
it is how it perpetuated for.
Speaker 1 (43:14):
So so, and they had no moral standards. I mean again,
even if somebody was like, hey man, you know so
and so he's a good guy, I'm like, yeah, maybe,
and then you do Google search and you see conviction
for him, like yeah, I'm good. You know, It's like
it'd be one of those where I'd be like, hey,
do you know about this? And if they're like, oh, yeah,
but you know he said she actually was you know,
(43:35):
she looked eighteen or something, I'd be like, oh, bro,
like this is not happening.
Speaker 2 (43:39):
And even if so yeah, they led to downplay Alan
Dershowood still out there downplaying it like oh, you know
the girl was, she was seventeen, It's just one. They
were so harsh on him, blah blah blah. But this
these emails again leading up until literally he's arrested. Day
before he's arrested and put in prison. They this was
after Julie Capeer. Yeah, I had done all of her
(44:02):
reporting for the Miami Herald about how no, there were
dozens of girls, We're talking down to what the youngest
was like thirteen. So he got this slap on the wrist.
Totally rigged and inappropriate, literally illegal sweetheart deal. All of
that is in the public domain. So even if Larry
Summers wanted to be tricked by Epstein's you know, oh
(44:23):
well it was just you know, I hired a prostitute
once that I didn't know that she wasn't any whatever,
which is still disgusting, right, But even if you you know,
wanted to buy that at this point in time, all
every it's all out there. I mean, we have learned
more over the years, but the general shape and the
web of how disgusting this was was out in the
public record, and he was still seeking relationship advice for
(44:46):
his affair from this man.
Speaker 1 (44:49):
Yeah, just grotesque again, I mean, they live in a
different world than the rest of us. I guess I
don't really have another word for it.
Speaker 2 (44:59):
So we have a bunch updates for you with regard
to Trump's ice deployments across the country, but wanted to
start actually with a polling update. Of course, Trump and
the Republicans took a lot of pride in the gains
that they made with Latino voters, particularly in this election cycle,
have really pinned a lot, actually staked a lot on
this realignment of working class Latino.
Speaker 3 (45:17):
Voters towards Republicans.
Speaker 6 (45:19):
Let's check in on how that's going Latinos on Trump
and immigration. You know, back a year ago, what do
we see on the issue of immigration. Latino voters trusted
Kamala Harris more than Donald Trump, but by just two
points one two. Look now at Donald Trump's then approvating
on immigration among Latinos. He is thirty eight points underwater.
That is a thirty six point shift essentially from where
(45:41):
we were a year ago. On immigration, Kamala Harris and
Donald Trump are basically tied on the issue of immigration,
and now on the issue of immigration, Latinos despise hate
Donald Trump. Trump's not approparating among Latinos. In early February, again,
he was just two points underwater. Look at where he
is now late October minus thirty four points. Thirty four
(46:03):
points underwater, a shift to thirty two points over the
course of this year. I should point out this as
the CBS new Juga pole, but I was looking at
the Averager polls. I was looking at our own poll
very similar shift twenty twenty five thirty point shifts on
the net approval rating away from Donald Trump among Latino's
overall and what did we learn from the twenty twenty
(46:23):
five elections. I took the highest Latino percentage area in
both New Jersey and Virginia. New Jersey, it was Union City.
Look at this twenty twenty four president of the twenty
twenty five governor shift. There was a fifty two I'm
laughing because you never see any numbers like this, A
fifty two point shift towards Mikey Show from how Kamala
Harris did on the margin. Mikey Show ran away with this.
(46:45):
Kamala Harris did win that vote, but by a small margin.
Mikey Show did fifty two points better. How about in
Virginia Manasa's Park. Look at that, a twenty two point
shift towards Abigail Spamberger from how Kamala Harris did.
Speaker 1 (46:57):
Back in twenty twenty four.
Speaker 6 (46:58):
We saw a huge Latino shift in both New Jersey
and Virginia.
Speaker 2 (47:03):
And I think sagar that Latinos are one of the
biggest swing blocks in America. Democrats really took for granted that,
you know, Latino support and also had this very caricaturish
view of what they wanted in terms of, you know,
super serving a soft on immigration message and that that
would be enough to hold them in the coalition forever.
And you and I have been tracking, you know, especially
in twenty twenty you saw these significant shifts down in
(47:25):
Texas and Rio Grand Valley. Then you saw in twenty
twenty four even more shifts towards Trump, and then I
think Republicans have somewhat made the mistake of just assuming
that like, oh, now they're in our coalition and that's
it and nothing is going to change.
Speaker 1 (47:37):
It's just especially true in Texas where a lot of
the jerrymandering relies on the Latino swinge. That's the biggest mistake.
I mean, look, no constituency should be taken for granted.
I do also think it's caricaturist to say that it's
only about immigration. One of the things that we always
said is, yeah, it turns out Latinos are like everybody
else and in terms of we care about the economy,
actually we're not all the same. Actually, a Puerto Rican
(48:00):
in New York is not the same as a fifth
generation Mexican Ish guy in South Texas. Turns out, yes
we may understand each other's language, we're totally different. We
have totally doing a wants, dreams whatever. Our entire daily
life is distinctly different than also a Cuban or Paraguayan
in South Florida and then also a Chicano in Los Angeles.
(48:22):
Like we're all the same, okay, actually in that we're
all different, that's it, and mostly we're basically yeah we are. Yeah,
it's a tutology, but it's true. It's one of those where, yes,
we are in a massive country, we all individually live
in our areas where our wants needs can be like
ish the same, but the circumstances of our life are
very different. So we generally vote in terms of our
(48:44):
own interests. And this is why remember the Tony Hinchcliffe thing.
They're like, oh, Puerto Rican, so they're not going to
take that. It's like, yeah, actually they voted overwhelmingly for Trump,
and especially down in South Florida, and it's like, yeah, why, well,
because it turns out like they're not like little sissies
that can't take a joke again, just like everyone else.
So in this case, I think their net on immigration
(49:05):
in the same way other people are net negative on immigration.
They're like, this feels chaotic, That's what it's right.
Speaker 2 (49:12):
I mean, I would say that they're may just given
the racial character of the way the immigration push has
been executed with the Kavanaugh stops, the number of US
citizens who happen to look Latino or have Latino surnames
or whatever, who have been stopped, who have been arrested,
who haven't been believed even when they pull out their
driver's license, Like, I think it probably does hit a
(49:32):
little extra if you're Latino and you see the way
that people who look like you and you know, have
similar names come have similar ethnic backgrounds or being targeted.
Your communities are the ones that are being you know,
most targeted by ICE. Like I do think that that
is is certainly a significant factor here as well. But
in terms of the latest so you know, Baveno's crew
(49:54):
of Customs and Border Patrol, which are the you know,
we talk about ICE as kind of a catch hall
CBP is actually the most across and Bovino has been
He's the one who did the big apartment raid in Chicago, Like,
he's been sort of the most wild and and has
the most like militarized sort of forces behind him. He
also in Chicago, And I think this is part probably
(50:14):
of why they're leaving.
Speaker 3 (50:15):
The city of Chicago.
Speaker 2 (50:16):
At this point, there were a bunch of court orders
that came down to really constrain their use of force,
in particular their use of tear gas, which had been
totally just wild and indiscriminate. We showed you the video
here of them like spraying tear gas into a car
that was passing by that had a one year old
strapped into the seat. American citizens, by the way, one
(50:37):
year old strapped into the seat and they just pepper
spray them as they're driving by. So in any case,
there had been a bunch of court orders against him.
He had to admit in court that he had lied
about a number of incidents as well. So they've left Chicago.
Now they're in Charlotte. We can put see two up
on the screen. This is from a day ago. I
don't know what the update is, but US Border Patrol
over US eighty one on first date of Charlotte immigration crackdown.
(50:58):
We've seen backlash in the community. There's you know, video,
similar videos of Chicago coming out as Charlotte, and apparently
the idea is to stay there for a relatively short
period before heading down to New Orleans. We also have
some numbers here about Okay, so, you know, do they
get the bad guys in Chicago?
Speaker 3 (51:14):
Was it all worth it?
Speaker 2 (51:15):
All the you know, black Hawk helicopters zip tying children
pepper spray near Halloween parades, shooting an American citizen it
was an activist five times? Was this all worth it?
Put C three up on the screen. Two point six
percent sixteen people on the list of six hundred and
fourteen that had to be provided to the court in
(51:37):
one of these cases, two point six percent of them
had any criminal history at all. I mean, that is
so pathetic, is they said? I think in this article
or one of the other ones that I read about this,
that you know, normal Chicago PD would in a single
weekend come into contact and have dealings with more than
(51:57):
sixteen people with criminal records. So when they use all
this rhetoric about the worst of the worst, and you know,
these are the worst people on the planet, this is
what we're actually talking about here. Barely any of these
people had criminal histories. In the big apartment breed that
they broadcast on social media were so proud of they
(52:18):
put out all this propaganda about used the Blackhawk military helicopters, swooping,
knockdown doors, dragging out shoulder in the middle of the night,
American citizens all the rest. Guess how many people they
ended up charging from that zero zero. Again, we were
told this building was infested with trender rag trender Raga
had taken over this building. It was lawless gang violence.
(52:40):
I'm not going to say that there weren't any sort
of crimes being committed in the building because people had
complained about, you know, drug use and this sorts of
thing that was going on. You had a total slum
lord who owns the building, who's probably the one who,
by the way, who called in ice. What they were
able to actually charge though, zero people out of this
whole thing. So it's very important for people to understand
(53:01):
the way that they will routinely lie and misrepresent what
they're doing. And there was also soccer just a big
New York Times piece backing up other reporting as well
that because DHS has shifted their priorities, the actual you know,
investigations into sex trafficking or human trafficking or drug dealing,
those sorts of things have fallen by the wayside so
(53:22):
that they can pick up Jose at the home depot.
Speaker 1 (53:25):
I mean, administration doesn't have credibility on this. They haven't
a lot of credibility since Seacott, in my opinion, as
painful for me you to say, all right, I mean,
you know, I like I want deportation, I want law
and order. I still think, you know, broadly, I think
criminals and all that should be prioritized deported. And I mean, yes,
it's great. I know the left is now now a
refound love of deporting criminals and illegals, not that they
(53:46):
ever actually wanted to under the Biden administration, but okay,
you know, cool that we're now accepting that. It's very
frustrating to be honest, because you're watching the entire credibility
of the ideas behind mass deportation or deportation itself be eroded.
This is like an abolished ice activist dream, to be honest, like,
you know, you have more political credibility than ever before,
(54:07):
and the case of immigration restriction will probably be damaged
now for generations to come. I think that's very damaging.
And I do blame the administration because they are the
people who ultimately have to enact as policy. I think
that they've cartoonishly behaved and they're creating more chaos, and
so yeah, I mean I've just resigned. I'm like, look,
(54:28):
it's I think it's over. Like, I think we've got
three and a half years. They'll clownishly, you know, continue
this type and then you know, do we have the
Cernovich tweet?
Speaker 5 (54:38):
Yeah?
Speaker 1 (54:39):
Can we put C five up here on the screen.
This has been sticking in my head only I mean
I've also been saying it, but what he said. Mike
is a prominent conservative activist. He says during a recent
visit in DC, the talk of everyone was how overt
the corruption was. It's at levels you read about in
history books in nearly every department. Lots of do people
just think Democrats will never win, they'll all get away
(55:01):
with this. And I mean, I think this not just
about immigration. I think about this broadly with a lot
of the administration. And you can make fun of ask
you can make fun all you want. There were lots
of well meaning people in the election who voted for
legitimate immigration concerns, and ultimately, you know, the crime for
(55:21):
people who use those, you know, to then not only
enrich themselves but do damage to the cause. It's devastating.
I mean, it's one of those where like, look, you know,
if you think back for I don't know, let's say
Biden any you know, if you believed in those types
of politics and then you have a bad leader and
a bad administration who does tremendous justice, Like that's a
(55:42):
you know, like that's criminal, right actually, because it's really
a lot of voters and others, And we talked yesterday
about the whole fuenttes like racialism thing. I mean, they're
doing everything in their power to try and basically like
basically empower this like racialist view of the world. Basically
at this point, yeah, I mean, it's honestly, like it's
really depressing because what it does show you is how
(56:05):
cartoonish like the behavior here is. And look, I'm not
going to deny they're real people's lives who are also
at stake here. Yeah, I mean, I you know, maintain
even if you're quote not a criminal and you became
here illegally, I still think you should be deported. But
you know, good luck making that argument in the future.
If people look at Blackhawk helicopters and all this other stuff,
they're going to say at the end of the day,
I'm not willing to make that trade off. I'll continue
(56:27):
to make the case. I still believe it. But if
this is the way that it actually, it's kind of
like when people try to defend socialism or whatever, and
everyone's always like, well, if you know, look at has
it ever worked before? Right? If the practical example that
anyone in modern memory can have of this, they're going
to be deeply skeptical for generations to come. And I
think that, you know, I think my friend Raihan Salam
(56:48):
wrote this years ago about Trump and maybe he was right.
He wrote it back in twenty fifteen. He's like an
og immigration restrictionist and he was like, I think Trump
will do damage to the cause for you. I actually
ridiculed him at the time. I'm like, well, he's the
only one who won, and you know now he won
again in twenty twenty four. But perhaps he's been vindicated
in the long run.
Speaker 3 (57:06):
Interesting, speaking of that corruption piece, puts C four up
on the screen.
Speaker 1 (57:10):
It's just kind shit, like, I mean, it's.
Speaker 2 (57:12):
Just crazy Christy Noam, who loves to do these friaking
photo shoots and is just an embarrassing person in general alone.
Behold pro Publica. By the way, it's been doing some
very good reporting. Firm tied to Christy Nooms. Secretly it
got money from two hundred twenty million dollar dhs AD contracts.
What I mean, what do we even need dhs ads for?
Speaker 3 (57:33):
To begin with?
Speaker 2 (57:34):
You guys want to see what these ads look like,
and then I can tell you more about the details
of this firm and who all is involved with it.
Speaker 3 (57:40):
Let's go and play CE six.
Speaker 2 (57:42):
This is one of the ads that this firm was
involved with creating.
Speaker 7 (57:48):
Why do I love these wide open spaces? They remind
me of why our forefathers came here, not just for
its beauty, but for the freedom only America provides.
Speaker 1 (57:57):
I'm Christy Noman.
Speaker 7 (57:59):
The cowboys who tame the West, to the Titans who
built our cities, to the dreamers who chase the impossible.
America has always rewarded vision and grit. Our greatness calls
people to us for a chance to prosper, to live
how they choose, to become part of something special. Anyone
(58:20):
who searches for freedom can always find a home here.
But that freedom's a precious thing and we defend it vigorously.
You cross the border illegally, we'll find you break our
laws will punish you harm American citizens.
Speaker 1 (58:35):
There will be consequences. But if you come here.
Speaker 7 (58:38):
The right way, your American dream can be as big
as these endless guys from President Trump.
Speaker 1 (58:43):
And me, welcome home.
Speaker 3 (58:46):
Okay, So I had noticed up deal.
Speaker 1 (58:48):
I'd noticed some of these ads. This is a little weird,
A little weird. Yeah, Well, because on Fox News in particular,
they'd be like, you need to leave, and I was like,
how many illegals are watching Fox News? I mean, I'm
only watching Fox News because I have to for work.
Speaker 2 (59:00):
I really think that some ad of Christina I'm and
a horse is like going to change your.
Speaker 3 (59:05):
Decision about where I mean.
Speaker 2 (59:06):
It's just it's a total vanity project. She, like probably
many others, wants to run for president, I assume. And
so this is a way they've flooded the big beautiful bill,
flooded DHS and ICE with just insane amounts of cash.
And so this is the type of shit that they're
doing with it, this little ad campaign, which, by the way,
(59:26):
so to again, two hundred twenty million dollars. They kept
one beneficiary of the nine figure ad deal a secret,
according to Pro Publica records, and interviews show a Republican
consulting firm with long standing personal and business ties to
know them, and her senior aids at DHS. The company
running the Mount Rushmore shoot, called the Strategy Group, does
(59:48):
not appear on public documents about the contract. The main
recipient listed on the contracts is a mysterious Delaware company
which was created days before the deal was finalized. No
firm has closer ties to nomes. Political operation in the
Strategy Group played a central role in her twenty twenty
two South Dakota gubernatorial campaign. Corey Lewandowski, who is not
(01:00:08):
only her top advisor at DHS, which is the part
they put in here, is also her rumored boyfriend, has
worked extensively with the firm, and the company's CEO is
married to noam's chief spokesperson, Tricia McLaughlin.
Speaker 3 (01:00:20):
So there you go. Strategy Group's ad work is.
Speaker 2 (01:00:23):
The first known example of money flowing from Nome's agency
to businesses controlled by her allies and friends. And you know,
there's there's this now secret why they decided to hide
this because it is blatantly and clearly, disgustingly corrupt and
just you know, total cash grab at every level.
Speaker 3 (01:00:41):
Of this administration. And it's true.
Speaker 2 (01:00:42):
You know, I keep thinking about Steve Bannon telling I
don't remember what conference he was at. He was like,
you know, if the Democrats get back in power, some
of us are going to prison. Now I don't think
you know, Bannon's already been in prison. I'm not aware
of him committing any new crimes, so he's not at
the top of my list. But like, yes, this level
of corrupt dealing, it should be punished, the level of lawlessness,
like when crimes are broken. I do think that some
(01:01:04):
of these officials should fear for their freedom after this
administration is through, because I can tell you the Democratic
base is going to be looking for a candidate in
twenty twenty eight who is willing to say Steven Miller
and Christy nom should be in jail.
Speaker 1 (01:01:18):
I mean, you know, I can't say you weren't warned.
And yes, if you cartoonishly disregard the law, I mean
in Kirsty Nomes case or Stephen Miller, even if my
opinion is what's going to happen is Trump on his
way out will do the Hunter Biden thing, the preemptive
pardon for any and all whatever, and so no I
don't think anybody's going to prison, but whenever it comes
(01:01:39):
to investigations in the interim. What a lot of people
don't know is that the government doesn't pay, let's say,
for your legal fees, like when you get called before Congress,
especially if it's on a private matter, and so many officials.
This happened in the Clinton administration, this happened in the
first Trump administration. You'll remember I said this during Doge.
I was like, man, I hope you got or you know,
(01:02:01):
Elon will be fine, he's rich. Everybody else I'm like,
you better lawyer up, because when the Dems come calling
in the House Oversight Committee with subpoenas, these guys charge
like one thousand dollars an hour, and sometimes they can
take a twelve to fifteen hours for transcripts and for interviews,
and you need a council in the room that entire time,
or when you're calling before like the level. Look, it's
(01:02:23):
that's what That's how government has worked now basically since
the Kenneth Star affair. Like every time the opposition party,
no matter who it is, is in power, they try
to do investigations and subpoena power and all that and yes,
there's a huge political incentive. So if you're see Christy Nome,
I think she'll probably figure it out. Donors, if you're
Trisia McLaughlin or like one of the junior people, those
(01:02:44):
are the ones where I'm like, I would be very
worried if I were.
Speaker 2 (01:02:46):
You, or you know some of these ICE guys who
are out on the street, like, just because Steve Miller
or Greg Bavin or whatever told you to do it
doesn't mean that you're totally protective. And this actually duvetails
into the Venezuela segment we're about to do. Or some
of these militaries are VIS members who are being tasked
with like murdering random people in the Caribbean or in
the Pacific. Are seeking outside legal councils because they are
(01:03:08):
concerned about their own legal liability and they do not
trust the guidance that they're getting within the administration.