March 28, 2025 • 19 mins
Buck Sexton is joined by finance expert, political strategist, and author John LeFevre to break down Trump’s tariff strategy, the media’s push for recession fears, and the shifting loyalties of corporate elites. They discuss Wall Street’s resistance to populism, Big Tech’s opportunistic political pivots, and how economic turbulence could shape the country’s future.
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Episode Transcript
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Speaker 1 (00:11):
You're listening to the Buck Sexton Show podcast, make sure
you subscribe to the podcast on the iHeartRadio app or
wherever you get your podcasts.
Speaker 2 (00:20):
How's Trump looking on the tariff and financial front. We're
going to talk to our friend John Lefevre about this
right now. He is formerly a guy who had a
great book Straight to Hell and of the Banking World,
and he knows the finance stuff, and he's always out
there in the capitalist world doing what he does, moving
(00:40):
and shaking. And John, the tariff thing today, you know
now that that signal gate has passed as the thing
we all are supposed to pretend to care about. Tell
me how you think this tariff thing is going to
shake out? And what you're seeing so far, you know,
the good, the bad, the ugly, all of it.
Speaker 1 (00:59):
Okay, it's like everything else right now that we're looking
at it.
Speaker 3 (01:05):
It's just noise, right. And so the way I look
at the tariff.
Speaker 1 (01:12):
The United States, and I don't want to be redundant
and kind of spout off the you know, the President's
talking points, but we clearly have been ripped off for
decades on this front. And if you look at our
approach to trade, even currently we're behind every other developed nation,
(01:33):
So we're all we're talking about is equalized, equalizing the
playing field, or even just a threat of equalizing the
playing field, and it in terms of rhetoric and as
a talking point, has already borne fruit for the administration.
So every time the stock market goes up or goes
down as it relates to the terrorists, it's kind of
(01:57):
kind of pointless because you know, if you think about
the alternative where we were right GDP that was dependent
on basically depths and spending and illegal immigration. Make any
(02:18):
of the changes that need to happen, there's going to
be some some turbulence.
Speaker 3 (02:23):
And so.
Speaker 1 (02:25):
It just seems like it's it's noise from my perspective.
I mean, I don't spend too much time worrying about tariffs.
We're seeing the investment come back to the United States
long term, so fine, there's gonna be some short term pain,
maybe there'll be some retaliation or things like that that
will be negotiated out, but long term, the alternative to
(02:48):
what we're experiencing right now was basically the total collapse
of the country. And so we don't have a choice
but to go through this. This call it pain or
call it whatever you want to call it, but we
have no other alternative than to take the steps that
the administration is taking right now.
Speaker 2 (03:04):
Are you worried that this all this talk of recession
might actually come to be Do you view that as
something that might be something might be a reset that
needs to happen, like, because here's here's where it is.
We haven't had a real recession in a very long time.
And if I remember my history correctly, Reagan to fix
(03:27):
the mess of inflation and to deal with rates and everything.
I think there was a short, a short recession in
the beginning of Reagan's first term and then like a
twenty year economic boom basically right, because they had to
clear out some of the cobwebs in the system. If
you will get rates, get rates under control, getting we'll
(03:48):
get inflation under control using rates as a tool. Do
you feel like that's the path or is it going
to be easier than that. I'll mean, you know, you're
a banker guy, tell me the things. What would Lloyd
Blank find say?
Speaker 3 (04:01):
Here here's the problem? Right?
Speaker 1 (04:02):
So two things. And I hate to be pessimistic because
obviously I'm a huge supporter of the country and certainly
the administration. So I'm always cheering for the success of America,
but you have two I think things that are worth
thinking about. The deep state has tried everything to eliminate
(04:25):
Donald Trump, right, kill him, shoot him, impeach him, remove
from the ballot, bankrupt him, arrest him. What is there
one remaining tool other than framing pete hegseth in signal
Gate and other bogus stuff like that. Tanking the economy
is one of the tools at their disposal.
Speaker 3 (04:46):
And how do you do that.
Speaker 1 (04:48):
It's undermining consumer confidence because if consumer confidence goes down,
then capital investment goes down. Investment goes down, spending goes down,
especially on the consumer side, hiring goes down. And so
every time I see a media headline about how the
economy is struggling or or we're facing a recession, it
(05:13):
almost becomes a self fulfilling prophecy that you have to
fight against because you know that is the media propagandizing
against the Trump administration. So that's one important point I
think to keep in mind that in terms of consumer confidence,
the media is going to do everything they can to
(05:34):
undermine Trump, which includes torpedoing the economy. Okay, that aside,
If you look at what Trump inherited, it's an absolute mess, right,
auto loans, delinquencies, credit card debt, mortgage rates, the dislocation
(05:57):
between you know, housing afford the property markets totally dislocated.
Speaker 3 (06:03):
And if you look at employment, the employment for.
Speaker 1 (06:10):
Two years was driven or three years was driven by
government's spending, government hiring people working multiple jobs, and illegal immigration.
So if you're trying to fix the system and bring
us back from what, again, as I said before, is
the brink of total collapse, there's.
Speaker 3 (06:32):
Going to be some pain.
Speaker 1 (06:33):
I mean, we are a country that has been addicted
to kind of helicopter money from the from the federal Reserve.
And so if you're going to shrink the government by
two or three trillion dollars, if you're going to fire
half a million or a million government employees, there's going
(06:54):
to be some pain.
Speaker 3 (06:55):
But there's no other alternative.
Speaker 1 (06:58):
And so I think all these forces again, I wish
and I hope that the Trump economy is going to
be prosperous. And I think with a lot of the
things that doze just do and a lot of things
that we're doing on the technological side, and with respect
to getting out of foreign wars and things like that,
you know, restoring manufacturing and getting invested in United States.
Speaker 3 (07:21):
Those are all great for restoring the middle class in America.
Speaker 1 (07:25):
But if we weren't taking any of those steps, then
you wouldn't have a middle class to them, in five years,
you would not have a middle class in America because
you know, with AI what it's doing in terms of
every you know, eighty percent of every banking.
Speaker 3 (07:42):
Job or consulting job, or a percent of lawyers or
consultants or whatever it is. AI is going.
Speaker 1 (07:51):
To completely transform beyond our comprehension everything that's happening. And
if we had gone into that with any of the
problems that without addressing any of the problems that this
administration walked into, we would be completely destroyed as a kind.
And so it's going to be complicated, it's going to
(08:13):
be turbulent, but I think it's okay to say that
you'll have, you know, short term pockets of opportunity and
a lot of turbulence and long term obviously I would
be exceptionally bullish, but it's it's certainly not going to
be without without some pain, and we certainly the pain
(08:35):
is long overdue. I mean decades. Forget Biden or Trump
won or Obama. I mean this is decades in the making.
It goes back twenty plus years in terms of the
US kicking the can down the road.
Speaker 3 (08:48):
For way too long.
Speaker 1 (08:49):
And thankfully, you know, we have guys like Elon in
there who say, okay, well we have to address it
now or ever.
Speaker 2 (08:55):
Yeah, I know, I think what Elon's doing is absolutely
a critical service for the country. Our sponsor here is
Birch Gold. You know, we're just talking about the structural
problems of the economy, too much debt, too much spending
from the government. And one way that you can head,
one way that you can prepare for an uncertain future
and look to tend to your own financial financial realities
(09:19):
is with gold and perching gold continues to be a
priority for more Americans than ever. Using cash that's in
your savings account, already tucked away in a four oh
one k those are the easiest options. And Birch Gold
is there to help you with volatility ahead. The markets
are gonna get shoppy. You know it, we all know it.
Birch Gold is there for you. That's who I rely
on for my gold purchases. They help me with my
latest gold purchase just a few weeks ago, and they
(09:41):
specialize in helping you convert an existing IRA or four
oh one K into a tax sheltered IRA and physical
gold for no money out of pocket. Gets your free
infoKit on gold by texting my name Buck to the
number ninety eight ninety eight ninety eight. No obligation, just
useful information. Text Buck to ninety eight ninety eight ninety
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Gold Group. John, do you feel like the corporate America?
(10:07):
You know, we've been talking a lot this week about
the Disney snow White disaster, and it's amazing that Disney.
If you had held Disney stock in continuously for the
last ten years, you would have made no money. Right,
It's just sad. I mean maybe a little bit on dividends.
You look at inflation though you've basically been flat for
ten years if you held for the last ten which
(10:29):
is astonishing considering the growth that you've seen a lot
of other companies, entertainment companies, et cetera. Is the switch reel,
you know, with Bezos and Zuckerberg and these people that
are coming around to at least be reasonable toward Trump
and his supporters. Do you feel like others are going
to be joining and that we're in a new era
or is this kind of a head fake until they
(10:51):
can figure out how they're going to start telling half
the country that they don't want their business again.
Speaker 1 (10:57):
There's two things on that. So on the snow white thing,
you know, the pipeline for making movies obviously takes years
and years and years. I mean I sold my movie
rights to my book a long time ago and work
through iterations of the script. That took years, and then
we killed it because they destroyed it with that they
(11:19):
actually made unreligious, you know, unrelated to the snow aded
I guess I'll just tell you so. My book is
about deviants on Wall Street, about my personal experiences. I
sold the rights to Paramount, and we worked through, uh, several.
Speaker 3 (11:36):
Iterations of the script. I got it back. I wasn't
even the main character in the movie. They had created.
Speaker 1 (11:45):
A minority woman to be the main character, and I
played her mentor, and I was the deviant, scumbag banker
with no morals or ethics, and she redeems me.
Speaker 2 (12:01):
Oh my gosh, that was.
Speaker 1 (12:04):
That's what they took out of my book and made
with Paramount as a movie, and I said, guys, I
don't want any part of this. So that was several
years in the making, and thankfully they killed it because
I didn't want any part of it. But so the
snow White they probably what they shot it two years ago.
They thought Kamala was gonna win even after they edited it.
(12:26):
So they they made their bed, they had aligne and
they got screwed. So I don't think that's an indication
in twenty twenty five of kind of woke entertainment culture action.
I think that's a lagging indicator because they're at least
a year and a half two years behind where things
are shifting or have already shifted.
Speaker 3 (12:45):
But to your second point about Zuckerberg, I'm reminded of
this all the time. He sounds awesome. He's at MMA fights,
he's wearing gold chains, he's wearing sunglasses, he.
Speaker 2 (12:58):
Looks he looks like he looks like Vanilla Ice. It's
amazing when you see this guy all of a sudden, yeah, yeah.
Speaker 1 (13:03):
And he's libertarian. He's doing all this great stuff. But
there's a simple thing you have to ask yourself. If
Kamala Harris had won, would Mark Zuckerberg be doing this? No,
he would be censoring and propagating on behalf of the regime.
(13:23):
I think the total scam. And Mark Zuckerberg has donated
billions of dollars to progressive causes? Has he given so fine?
He said one cool. This drives me insane. All these
guys like they want to. It's like when Bill Maher
says something critical of the Democrat Party and he gets
(13:46):
propped up all over Twitter. Ex It drives me insane.
It doesn't mean anything. Mark Zuckerberg has done absolutely nothing.
Speaker 3 (13:57):
So fine.
Speaker 1 (13:57):
He wore a gold chain, he flew an American flag,
and he went to visit mar Lago. But you have
to guarantee I guarantee it. If Kamala had won, he
would be canceling counts.
Speaker 2 (14:11):
Yes, So they're just going. They're just going with the wind.
They're just going where the power is. Right now, you
don't think there's any real because Elon has been very
open about this. He's had an ideological transformation, and he's
been very specific about how it was his his son
being transed. Essentially, he just said war. Now it's war,
you know, they've they've taken a song from me with
(14:33):
this madness. So Elon is a true believer in insanity. Now,
some of these other corporate titans, though, I think, are Yeah,
it's certainly such.
Speaker 1 (14:46):
Elon is the real deal obviously. I mean, I love,
I love what Eon is doing. How could you not?
Speaker 3 (14:50):
And in fact, that's a good limist ast.
Speaker 1 (14:52):
Anyone who doesn't appreciate what Elon is doing is either
a liar, mentally ill, or exceptionally low IQ Bill Ackman,
David Sachs. You know, a lot of guys are doing
some some good things. But when it comes to like
Jeff Bezos, I just I heard this sunl my phone
when you know I was working out earlier. Today Bezos
(15:15):
is running small business ads on it.
Speaker 3 (15:17):
They're so full of it. Bezos full of it. Zuckerberg's
full of it.
Speaker 1 (15:24):
I mean, I can't think of who else is pretending
to be in the Trump camp. But you can tell,
you can tell who the real people are and who
are the opportunists? And Zuckerberg.
Speaker 3 (15:38):
I could be wrong, but as far as I can tell,
is an opportunist?
Speaker 2 (15:41):
Are the power players on Wall Street? I mean, I
know you were a Wall Street guy, for a long
time and you've you've escaped that that realm. But are
the power players on Wall Street to your knowledge ideologically
aligned with the Democrats? Are purely opportunistic in their alignment
with Democrats.
Speaker 3 (16:00):
That's really interesting.
Speaker 1 (16:01):
Actually, I found that the support of Donald Trump, like
going back to like twenty sixteen, my friends in banking
didn't want to support her, and it was almost like
an intellectual snobbery, like they they thought he was vulgar
and crass and they couldn't get behind him. There's been
(16:26):
a little bit of a shift, so there's kind of
one component where you never quite fit in with that
kind of Manhattan elite. The other issue I found too,
to be honest, this is actually quite weird. Most of
my friends' wives are super liberal and as a result,
(16:47):
and I find that they're.
Speaker 3 (16:50):
This is I think it's would surprise you.
Speaker 1 (16:51):
I think Wall Street is more liberal than you would expect,
And a lot of it has to do with people
just play kitting their wives or they're just I think
they're they don't care because it doesn't it doesn't impact
I've had so many conversations with people where they said, well,
I don't care who the president is it doesn't impact me.
Speaker 3 (17:13):
And so there's just a it's a combination of arrogance and.
Speaker 1 (17:19):
There's also like a pushback against populism because these people
define who they are based on what they do for
a living. And so when I really got turned on
to populism in say twenty fifteen, twenty sixteen, nobody could
understand it because they only define themselves on where they
(17:42):
went to school, what they do for a living, and
how much money they make. So they find it kind
of repulsing. It almost validates themselves as human beings because
that's how they define themselves, by the fact that they
have their diplomas on the wall and they went to
evague schools and they live in Greenwich, Connecticut.
Speaker 3 (18:00):
And that is.
Speaker 1 (18:01):
Why I think they've been reluctant. Combine that with the
fact that their wives are all SSRI addicted liberal why
there has been not a huge amount of support from
from Wall Street.
Speaker 3 (18:15):
For for Trump.
Speaker 1 (18:15):
And so I mean it's part of that is just
me being cynical, because I mean, I have complete disregard
for the entire industry and everything that they stand for.
Speaker 3 (18:26):
And so, okay, don't have a lot, don't.
Speaker 1 (18:29):
I don't have a lot of respect for any of
these people, to be honest, they are, you know, deviant
and corrupt. And again there's just not not good good,
not good human beings because it just goes back to
take yourself too seriously and define yourself by what you.
Speaker 3 (18:45):
Do for a living.
Speaker 2 (18:47):
Not a good start. Yeah, not a good place to be.
John lefev a patriot, a good man. Go check out
uh straight to Hell his book. Follow him on X.
His last name is l. E. F E v r E.
For those who are wonderingev. Now we be on Sarah. Uh.
Thank you John for being with me as always been
good to talk to you.
Speaker 3 (19:07):
Yeah, absolutely, talk to you soon.
Speaker 2 (19:09):
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Speaker 2 (00:20):
How's Trump looking on the tariff and financial front. We're
going to talk to our friend John Lefevre about this
right now. He is formerly a guy who had a
great book Straight to Hell and of the Banking World,
and he knows the finance stuff, and he's always out
there in the capitalist world doing what he does, moving
(00:40):
and shaking. And John, the tariff thing today, you know
now that that signal gate has passed as the thing
we all are supposed to pretend to care about. Tell
me how you think this tariff thing is going to
shake out? And what you're seeing so far, you know,
the good, the bad, the ugly, all of it.
Speaker 1 (00:59):
Okay, it's like everything else right now that we're looking
at it.
Speaker 3 (01:05):
It's just noise, right. And so the way I look
at the tariff.
Speaker 1 (01:12):
The United States, and I don't want to be redundant
and kind of spout off the you know, the President's
talking points, but we clearly have been ripped off for
decades on this front. And if you look at our
approach to trade, even currently we're behind every other developed nation,
(01:33):
So we're all we're talking about is equalized, equalizing the
playing field, or even just a threat of equalizing the
playing field, and it in terms of rhetoric and as
a talking point, has already borne fruit for the administration.
So every time the stock market goes up or goes
down as it relates to the terrorists, it's kind of
(01:57):
kind of pointless because you know, if you think about
the alternative where we were right GDP that was dependent
on basically depths and spending and illegal immigration. Make any
(02:18):
of the changes that need to happen, there's going to
be some some turbulence.
Speaker 3 (02:23):
And so.
Speaker 1 (02:25):
It just seems like it's it's noise from my perspective.
I mean, I don't spend too much time worrying about tariffs.
We're seeing the investment come back to the United States
long term, so fine, there's gonna be some short term pain,
maybe there'll be some retaliation or things like that that
will be negotiated out, but long term, the alternative to
(02:48):
what we're experiencing right now was basically the total collapse
of the country. And so we don't have a choice
but to go through this. This call it pain or
call it whatever you want to call it, but we
have no other alternative than to take the steps that
the administration is taking right now.
Speaker 2 (03:04):
Are you worried that this all this talk of recession
might actually come to be Do you view that as
something that might be something might be a reset that
needs to happen, like, because here's here's where it is.
We haven't had a real recession in a very long time.
And if I remember my history correctly, Reagan to fix
(03:27):
the mess of inflation and to deal with rates and everything.
I think there was a short, a short recession in
the beginning of Reagan's first term and then like a
twenty year economic boom basically right, because they had to
clear out some of the cobwebs in the system. If
you will get rates, get rates under control, getting we'll
(03:48):
get inflation under control using rates as a tool. Do
you feel like that's the path or is it going
to be easier than that. I'll mean, you know, you're
a banker guy, tell me the things. What would Lloyd
Blank find say?
Speaker 3 (04:01):
Here here's the problem? Right?
Speaker 1 (04:02):
So two things. And I hate to be pessimistic because
obviously I'm a huge supporter of the country and certainly
the administration. So I'm always cheering for the success of America,
but you have two I think things that are worth
thinking about. The deep state has tried everything to eliminate
(04:25):
Donald Trump, right, kill him, shoot him, impeach him, remove
from the ballot, bankrupt him, arrest him. What is there
one remaining tool other than framing pete hegseth in signal
Gate and other bogus stuff like that. Tanking the economy
is one of the tools at their disposal.
Speaker 3 (04:46):
And how do you do that.
Speaker 1 (04:48):
It's undermining consumer confidence because if consumer confidence goes down,
then capital investment goes down. Investment goes down, spending goes down,
especially on the consumer side, hiring goes down. And so
every time I see a media headline about how the
economy is struggling or or we're facing a recession, it
(05:13):
almost becomes a self fulfilling prophecy that you have to
fight against because you know that is the media propagandizing
against the Trump administration. So that's one important point I
think to keep in mind that in terms of consumer confidence,
the media is going to do everything they can to
(05:34):
undermine Trump, which includes torpedoing the economy. Okay, that aside,
If you look at what Trump inherited, it's an absolute mess, right,
auto loans, delinquencies, credit card debt, mortgage rates, the dislocation
(05:57):
between you know, housing afford the property markets totally dislocated.
Speaker 3 (06:03):
And if you look at employment, the employment for.
Speaker 1 (06:10):
Two years was driven or three years was driven by
government's spending, government hiring people working multiple jobs, and illegal immigration.
So if you're trying to fix the system and bring
us back from what, again, as I said before, is
the brink of total collapse, there's.
Speaker 3 (06:32):
Going to be some pain.
Speaker 1 (06:33):
I mean, we are a country that has been addicted
to kind of helicopter money from the from the federal Reserve.
And so if you're going to shrink the government by
two or three trillion dollars, if you're going to fire
half a million or a million government employees, there's going
(06:54):
to be some pain.
Speaker 3 (06:55):
But there's no other alternative.
Speaker 1 (06:58):
And so I think all these forces again, I wish
and I hope that the Trump economy is going to
be prosperous. And I think with a lot of the
things that doze just do and a lot of things
that we're doing on the technological side, and with respect
to getting out of foreign wars and things like that,
you know, restoring manufacturing and getting invested in United States.
Speaker 3 (07:21):
Those are all great for restoring the middle class in America.
Speaker 1 (07:25):
But if we weren't taking any of those steps, then
you wouldn't have a middle class to them, in five years,
you would not have a middle class in America because
you know, with AI what it's doing in terms of
every you know, eighty percent of every banking.
Speaker 3 (07:42):
Job or consulting job, or a percent of lawyers or
consultants or whatever it is. AI is going.
Speaker 1 (07:51):
To completely transform beyond our comprehension everything that's happening. And
if we had gone into that with any of the
problems that without addressing any of the problems that this
administration walked into, we would be completely destroyed as a kind.
And so it's going to be complicated, it's going to
(08:13):
be turbulent, but I think it's okay to say that
you'll have, you know, short term pockets of opportunity and
a lot of turbulence and long term obviously I would
be exceptionally bullish, but it's it's certainly not going to
be without without some pain, and we certainly the pain
(08:35):
is long overdue. I mean decades. Forget Biden or Trump
won or Obama. I mean this is decades in the making.
It goes back twenty plus years in terms of the
US kicking the can down the road.
Speaker 3 (08:48):
For way too long.
Speaker 1 (08:49):
And thankfully, you know, we have guys like Elon in
there who say, okay, well we have to address it
now or ever.
Speaker 2 (08:55):
Yeah, I know, I think what Elon's doing is absolutely
a critical service for the country. Our sponsor here is
Birch Gold. You know, we're just talking about the structural
problems of the economy, too much debt, too much spending
from the government. And one way that you can head,
one way that you can prepare for an uncertain future
and look to tend to your own financial financial realities
(09:19):
is with gold and perching gold continues to be a
priority for more Americans than ever. Using cash that's in
your savings account, already tucked away in a four oh
one k those are the easiest options. And Birch Gold
is there to help you with volatility ahead. The markets
are gonna get shoppy. You know it, we all know it.
Birch Gold is there for you. That's who I rely
on for my gold purchases. They help me with my
latest gold purchase just a few weeks ago, and they
(09:41):
specialize in helping you convert an existing IRA or four
oh one K into a tax sheltered IRA and physical
gold for no money out of pocket. Gets your free
infoKit on gold by texting my name Buck to the
number ninety eight ninety eight ninety eight. No obligation, just
useful information. Text Buck to ninety eight ninety eight ninety
eight Get a free infoKit on gold today from Birch
Gold Group. John, do you feel like the corporate America?
(10:07):
You know, we've been talking a lot this week about
the Disney snow White disaster, and it's amazing that Disney.
If you had held Disney stock in continuously for the
last ten years, you would have made no money. Right,
It's just sad. I mean maybe a little bit on dividends.
You look at inflation though you've basically been flat for
ten years if you held for the last ten which
(10:29):
is astonishing considering the growth that you've seen a lot
of other companies, entertainment companies, et cetera. Is the switch reel,
you know, with Bezos and Zuckerberg and these people that
are coming around to at least be reasonable toward Trump
and his supporters. Do you feel like others are going
to be joining and that we're in a new era
or is this kind of a head fake until they
(10:51):
can figure out how they're going to start telling half
the country that they don't want their business again.
Speaker 1 (10:57):
There's two things on that. So on the snow white thing,
you know, the pipeline for making movies obviously takes years
and years and years. I mean I sold my movie
rights to my book a long time ago and work
through iterations of the script. That took years, and then
we killed it because they destroyed it with that they
(11:19):
actually made unreligious, you know, unrelated to the snow aded
I guess I'll just tell you so. My book is
about deviants on Wall Street, about my personal experiences. I
sold the rights to Paramount, and we worked through, uh, several.
Speaker 3 (11:36):
Iterations of the script. I got it back. I wasn't
even the main character in the movie. They had created.
Speaker 1 (11:45):
A minority woman to be the main character, and I
played her mentor, and I was the deviant, scumbag banker
with no morals or ethics, and she redeems me.
Speaker 2 (12:01):
Oh my gosh, that was.
Speaker 1 (12:04):
That's what they took out of my book and made
with Paramount as a movie, and I said, guys, I
don't want any part of this. So that was several
years in the making, and thankfully they killed it because
I didn't want any part of it. But so the
snow White they probably what they shot it two years ago.
They thought Kamala was gonna win even after they edited it.
(12:26):
So they they made their bed, they had aligne and
they got screwed. So I don't think that's an indication
in twenty twenty five of kind of woke entertainment culture action.
I think that's a lagging indicator because they're at least
a year and a half two years behind where things
are shifting or have already shifted.
Speaker 3 (12:45):
But to your second point about Zuckerberg, I'm reminded of
this all the time. He sounds awesome. He's at MMA fights,
he's wearing gold chains, he's wearing sunglasses, he.
Speaker 2 (12:58):
Looks he looks like he looks like Vanilla Ice. It's
amazing when you see this guy all of a sudden, yeah, yeah.
Speaker 1 (13:03):
And he's libertarian. He's doing all this great stuff. But
there's a simple thing you have to ask yourself. If
Kamala Harris had won, would Mark Zuckerberg be doing this? No,
he would be censoring and propagating on behalf of the regime.
(13:23):
I think the total scam. And Mark Zuckerberg has donated
billions of dollars to progressive causes? Has he given so fine?
He said one cool. This drives me insane. All these
guys like they want to. It's like when Bill Maher
says something critical of the Democrat Party and he gets
(13:46):
propped up all over Twitter. Ex It drives me insane.
It doesn't mean anything. Mark Zuckerberg has done absolutely nothing.
Speaker 3 (13:57):
So fine.
Speaker 1 (13:57):
He wore a gold chain, he flew an American flag,
and he went to visit mar Lago. But you have
to guarantee I guarantee it. If Kamala had won, he
would be canceling counts.
Speaker 2 (14:11):
Yes, So they're just going. They're just going with the wind.
They're just going where the power is. Right now, you
don't think there's any real because Elon has been very
open about this. He's had an ideological transformation, and he's
been very specific about how it was his his son
being transed. Essentially, he just said war. Now it's war,
you know, they've they've taken a song from me with
(14:33):
this madness. So Elon is a true believer in insanity. Now,
some of these other corporate titans, though, I think, are Yeah,
it's certainly such.
Speaker 1 (14:46):
Elon is the real deal obviously. I mean, I love,
I love what Eon is doing. How could you not?
Speaker 3 (14:50):
And in fact, that's a good limist ast.
Speaker 1 (14:52):
Anyone who doesn't appreciate what Elon is doing is either
a liar, mentally ill, or exceptionally low IQ Bill Ackman,
David Sachs. You know, a lot of guys are doing
some some good things. But when it comes to like
Jeff Bezos, I just I heard this sunl my phone
when you know I was working out earlier. Today Bezos
(15:15):
is running small business ads on it.
Speaker 3 (15:17):
They're so full of it. Bezos full of it. Zuckerberg's
full of it.
Speaker 1 (15:24):
I mean, I can't think of who else is pretending
to be in the Trump camp. But you can tell,
you can tell who the real people are and who
are the opportunists? And Zuckerberg.
Speaker 3 (15:38):
I could be wrong, but as far as I can tell,
is an opportunist?
Speaker 2 (15:41):
Are the power players on Wall Street? I mean, I
know you were a Wall Street guy, for a long
time and you've you've escaped that that realm. But are
the power players on Wall Street to your knowledge ideologically
aligned with the Democrats? Are purely opportunistic in their alignment
with Democrats.
Speaker 3 (16:00):
That's really interesting.
Speaker 1 (16:01):
Actually, I found that the support of Donald Trump, like
going back to like twenty sixteen, my friends in banking
didn't want to support her, and it was almost like
an intellectual snobbery, like they they thought he was vulgar
and crass and they couldn't get behind him. There's been
(16:26):
a little bit of a shift, so there's kind of
one component where you never quite fit in with that
kind of Manhattan elite. The other issue I found too,
to be honest, this is actually quite weird. Most of
my friends' wives are super liberal and as a result,
(16:47):
and I find that they're.
Speaker 3 (16:50):
This is I think it's would surprise you.
Speaker 1 (16:51):
I think Wall Street is more liberal than you would expect,
And a lot of it has to do with people
just play kitting their wives or they're just I think
they're they don't care because it doesn't it doesn't impact
I've had so many conversations with people where they said, well,
I don't care who the president is it doesn't impact me.
Speaker 3 (17:13):
And so there's just a it's a combination of arrogance and.
Speaker 1 (17:19):
There's also like a pushback against populism because these people
define who they are based on what they do for
a living. And so when I really got turned on
to populism in say twenty fifteen, twenty sixteen, nobody could
understand it because they only define themselves on where they
(17:42):
went to school, what they do for a living, and
how much money they make. So they find it kind
of repulsing. It almost validates themselves as human beings because
that's how they define themselves, by the fact that they
have their diplomas on the wall and they went to
evague schools and they live in Greenwich, Connecticut.
Speaker 3 (18:00):
And that is.
Speaker 1 (18:01):
Why I think they've been reluctant. Combine that with the
fact that their wives are all SSRI addicted liberal why
there has been not a huge amount of support from
from Wall Street.
Speaker 3 (18:15):
For for Trump.
Speaker 1 (18:15):
And so I mean it's part of that is just
me being cynical, because I mean, I have complete disregard
for the entire industry and everything that they stand for.
Speaker 3 (18:26):
And so, okay, don't have a lot, don't.
Speaker 1 (18:29):
I don't have a lot of respect for any of
these people, to be honest, they are, you know, deviant
and corrupt. And again there's just not not good good,
not good human beings because it just goes back to
take yourself too seriously and define yourself by what you.
Speaker 3 (18:45):
Do for a living.
Speaker 2 (18:47):
Not a good start. Yeah, not a good place to be.
John lefev a patriot, a good man. Go check out
uh straight to Hell his book. Follow him on X.
His last name is l. E. F E v r E.
For those who are wonderingev. Now we be on Sarah. Uh.
Thank you John for being with me as always been
good to talk to you.
Speaker 3 (19:07):
Yeah, absolutely, talk to you soon.
Speaker 2 (19:09):
The fight for life is ongoing day in and day out,
and on the front lines of it Preborn. Preborn has
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very simple but profoundly important mission, which is to save
the lives of as many tiny babies as they possibly can.
And they do this by putting their clinics in areas
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(19:30):
women an alternative to abortion with love and care and support. Now,
this process usually starts with an ultrasound because once mom
sees that tiny heartbeat, she knows the choice here has
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help them is go to preborn dot com slash buck.
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Host
Buck Sexton
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