Latest / Pod Save America / Trump’s Ukraine Fallout and Crypto Grift
Transcript
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- 1:11Speaker 1: no safe like SimpliSafe. Welcome to Pod Save America. I'm
- 1:36Speaker 1: Jon Favreau.
- 1:37Speaker 2: I'm Jon Lovett.
- 1:38Speaker 3: Tommy Vitor.
- 1:39Speaker 1: On today's show, we've got Elon Musk calling Social Security
- 1:42Speaker 1: a Ponzi scheme on Joe Rogan the same weekend Donald
- 1:45Speaker 1: Trump announces... He wants to spend our tax dollars on
- 1:48Speaker 1: a strategic crypto reserve, which is definitely not a Ponzi scheme.
- 1:52Speaker 3: No.
- 1:53Speaker 1: We also got new tariffs coming. Woo-hoo! Just as a
- 1:56Speaker 1: bunch of new polls show that people actually don't think
- 1:58Speaker 1: Trump's doing a great job bringing down inflation. And then,
- 2:01Speaker 1: as Donald Trump prepares to give his big speech to
- 2:03Speaker 1: Congress Tuesday night, we'll talk about the new debate on
- 2:06Speaker 1: the left about how Democrats should be pushing on Trump
- 2:08Speaker 1: and whether they should be pushing back at all. But first, guys,
- 2:13Speaker 1: we got to talk about the... Absolute shitshow of an
- 2:17Speaker 1: Oval Office meeting on Friday where Trump and J.D. Vance
- 2:20Speaker 1: ganged up on Ukrainian President Volodymyr Zelensky, an ally whose
- 2:24Speaker 1: country has been fighting off an invasion by Vladimir Putin,
- 2:27Speaker 1: a brutal dictator who used to be our adversary. Hopefully
- 2:31Speaker 1: you all got a chance to hear the bonus episode
- 2:33Speaker 1: Tommy and Ben did about this over the weekend. A
- 2:37Speaker 1: lot has happened since then. After Zelensky was basically kicked
- 2:40Speaker 1: out of the White House because J.D. Vance didn't think
- 2:42Speaker 1: he was sufficiently grateful for U.S. support, didn't say thank
- 2:45Speaker 1: you enough, Zelensky flew to London to meet with European
- 2:48Speaker 1: leaders about negotiating a peace process that doesn't entail just
- 2:52Speaker 1: giving Putin everything he wants. Meanwhile, the Russians could not
- 2:57Speaker 1: be happier. Kremlin spokesman Dmitry Peskov said on Sunday that
- 3:01Speaker 1: the Trump administration is, quote, rapidly changing all foreign policy configurations.
- 3:06Speaker 1: This largely aligns with our vision. Hard to argue with
- 3:09Speaker 1: that after Axios reported that Trump was set to hold
- 3:12Speaker 1: a meeting with J.D. Vance, Marco Rubio, and National Security
- 3:14Speaker 1: Advisor Mike Waltz to talk about the idea of cutting
- 3:17Speaker 1: off American aid to Ukraine altogether. Waltz told Fox News, quote,
- 3:21Speaker 1: If you're wondering how Republicans are feeling about all this,
- 3:23Speaker 1: especially previously pro-Ukraine Republicans... Here's a sample of their reaction
- 3:35Speaker 1: to Friday's blowup.
- 3:36Speaker 4: Millions of American hearts swelled with overflowing pride today to
- 3:42Speaker 4: watch President Trump put Zelensky in his place.
- 3:46Speaker 1: Instead of showing gratitude, he interrupted and berated his hosts.
- 3:50Speaker 1: Am I embarrassed about Trump? I have never been more
- 3:53Speaker 1: proud of the president.
- 3:54Speaker 5: I was very proud of J.D. Vance.
- 3:56Speaker 1: It's going to be Putin and President Trump in and
- 4:00Speaker 1: the people on our side that will end up making
- 4:02Speaker 1: this decision for the future of Ukraine.
- 4:04Speaker 2: Look, this is one of the great moments in the
- 4:06Speaker 2: history of American diplomacy.
- 4:08Speaker 3: Jesus.
- 4:09Speaker 2: These fucking.
- 4:09Speaker 1: Was that start and end with Stephen Miller?
- 4:11Speaker 3: I think we know it's swell during that meeting, Stephen Miller. Relax.
- 4:15Speaker 2: These real housewives fucking... Luann wasn't grateful enough for the invitation.
- 4:21Speaker 3: Also, Donald Trump didn't give Ukraine really any aid, and J.D.
- 4:24Speaker 3: Vance voted against the supplemental spending bill for Ukraine aid.
- 4:28Speaker 3: So who are we thanking exactly?
- 4:29Speaker 1: I love Tommy Tuberville there. I'm assuming that was him
- 4:32Speaker 1: who said, yeah, it's going to be Trump, Putin, and
- 4:34Speaker 1: everyone on our side deciding. It's like, what? What are we?
- 4:37Speaker 1: Our side? Tommy, now that you've had more time to
- 4:40Speaker 1: process what happened on Friday, do you have any other
- 4:43Speaker 1: thoughts on the fallout and whether things have gotten better
- 4:46Speaker 1: or worse since then?
- 4:47Speaker 3: Yeah, so I think in terms of Zelensky's efforts to
- 4:50Speaker 3: get more support from the U.S. or get some sort
- 4:52Speaker 3: of security deal, you just mentioned a way where it
- 4:54Speaker 3: got worse in the near term because it sounds like
- 4:57Speaker 3: they're freezing an additional There's a freezing, it's more money
- 5:01Speaker 3: that could be transferred over to Ukraine in terms of
- 5:03Speaker 3: weapons stockpiles. But the bigger picture problem that Zelensky has
- 5:07Speaker 3: is that Trump and JD Vance just want a deal
- 5:10Speaker 3: and they don't care about the substance of the deal.
- 5:13Speaker 3: They don't care if the Russians end up occupying 20%
- 5:15Speaker 3: of Ukrainian territory or if Ukraine is told that they
- 5:19Speaker 3: can't have a real armed forces going forward. So they're
- 5:21Speaker 3: just kind of a sitting duck sitting there. Like Trump
- 5:23Speaker 3: just wants a win in the Western press. Now, from
- 5:28Speaker 3: Europe's perspective, I think maybe the meeting was clarifying and
- 5:31Speaker 3: maybe that could help Zelensky because now there's all these
- 5:34Speaker 3: reports that France and the UK are trying to pull
- 5:36Speaker 3: together a European peacekeeping group that will give Zelensky a
- 5:40Speaker 3: security guarantee after there is a peace deal. And that's
- 5:43Speaker 3: what he really wants. So I think the challenge going
- 5:46Speaker 3: into that meeting, now that I've thought about it more,
- 5:49Speaker 3: is the US media tends to forget that all these
- 5:53Speaker 3: foreign leaders who come in have their own political considerations.
- 5:56Speaker 3: And for Zelensky, that meeting going really badly and getting
- 5:59Speaker 3: in a fight was not good, but a worse outcome
- 6:01Speaker 3: for him would have been getting bullied into taking a
- 6:04Speaker 3: ceasefire deal that leaves them vulnerable going forward when Putin
- 6:09Speaker 3: decides to break a ceasefire agreement that he cuts just
- 6:11Speaker 3: to kind of make Trump happy. And so it's a
- 6:14Speaker 3: bit of a mixed bag. I don't know. The hopeful
- 6:17Speaker 3: version is maybe the Europeans will get their shit together
- 6:19Speaker 3: finally and give Ukraine what they need.
- 6:21Speaker 1: Love it. What was your take on the meeting? There's
- 6:23Speaker 1: been a lot of speculation that Trump and Vance plan
- 6:27Speaker 1: to ambush Zelensky. Maggie Haberman and other journalists who cover
- 6:30Speaker 1: the White House are reporting that the Trump people are
- 6:32Speaker 1: saying it was spontaneous. What do you think?
- 6:35Speaker 2: I have no idea. Like part of this is just
- 6:38Speaker 2: like none of this makes sense.
- 6:39Speaker 1: Right.
- 6:40Speaker 2: Like none of the none of like what they're saying
- 6:42Speaker 2: aligns with what they're actually doing.
- 6:43Speaker 5: Right.
- 6:44Speaker 2: Like I'm trying to like separate. The meeting is disgusting, right?
- 6:47Speaker 2: Like this is fucking disgusting. This is a guy flying
- 6:50Speaker 2: from a war-torn country. He basically saved his country in
- 6:52Speaker 2: part by like sheer force of personality and personal bravery.
- 6:57Speaker 2: He flies across the world to the United States, our
- 6:59Speaker 2: ally up until three months ago. Now he's trying to
- 7:02Speaker 2: grovel for his country's life to sign a mineral deal.
- 7:05Speaker 2: That also doesn't make any sense. That doesn't include any
- 7:07Speaker 2: security guarantees. He's agreeing to do it because he's just
- 7:09Speaker 2: trying to get through another day with Donald Trump and J.D.
- 7:12Speaker 5: Vance.
- 7:13Speaker 2: He's sitting there He's getting questions about why he's not
- 7:15Speaker 2: wearing a fucking suit.
- 7:17Speaker 1: Marjorie Taylor Greene's boyfriend.
- 7:19Speaker 3: Trump apparently said to the press corps, oh, this guy
- 7:21Speaker 3: dressed up today.
- 7:21Speaker 1: Yeah.
- 7:22Speaker 3: That was before. That was before the meeting.
- 7:24Speaker 2: He's in a waking nightmare. The question I have is, okay,
- 7:30Speaker 2: let's say all this played out behind the scenes. Not
- 7:32Speaker 2: in front of the cameras. Take away the aesthetics of it.
- 7:36Speaker 2: In the morning, Marco Rubio thought signing this mineral deal
- 7:39Speaker 2: and ostensibly becoming more entwined with Ukraine was a good idea.
- 7:43Speaker 2: By the afternoon, it's no longer a good idea and
- 7:44Speaker 2: everything Trump is doing is making sense. There's all these
- 7:47Speaker 2: sort of like post hoc rationalizations for Donald Trump, like
- 7:51Speaker 2: even in the days that have followed, like you go
- 7:53Speaker 2: like try to read about this meeting and it's people saying,
- 7:56Speaker 2: is Trump abandoning the World War II order for spheres
- 7:59Speaker 2: of influence? Like, no, he's just a careening asshole. And
- 8:02Speaker 2: there's this whole intellectual framework like evolving around him to
- 8:05Speaker 2: justify what he's saying. Like even Vance in the meeting,
- 8:08Speaker 2: he says, we tried the pathway of Joe Biden. thumping
- 8:11Speaker 2: our chest and pretending that the president of the United
- 8:13Speaker 2: States' words matter more than the president of the United
- 8:16Speaker 2: States' actions. And so therefore we're capitulating completely in our actions, right?
- 8:21Speaker 2: Like why does what follows from there, a kind of
- 8:24Speaker 2: diplomacy in which the aggressor is ignored, right? Like let's
- 8:27Speaker 2: say they do want peace. They do want a deal
- 8:29Speaker 2: at all costs. Wouldn't that involve putting pressure on Vladimir
- 8:31Speaker 2: Putin as well? Where is that? Like you can't really
- 8:34Speaker 2: make any sense around this because it's a bunch of
- 8:36Speaker 2: people acting emotionally, trying to rationalize Donald Trump's various like ego-driven, grievance-driven,
- 8:43Speaker 2: assumption-driven foreign policy. And so we end up like having
- 8:46Speaker 2: these serious conversations about these like fundamentally despicable and unserious people.
- 8:50Speaker 1: That was my reaction.
- 8:52Speaker 5: Yeah.
- 8:53Speaker 1: Like, I don't think it was an ambush or planned.
- 8:56Speaker 1: I think what was planned is both Trump and J.D.
- 8:59Speaker 1: Vance don't like or respect Zelensky that much because as
- 9:03Speaker 1: Tommy said, they just wanted to get a deal. And
- 9:05Speaker 1: I think they're are just annoyed at the whole situation
- 9:08Speaker 1: that they have to like go through all the motions
- 9:10Speaker 1: here and they have to deal with him and treat
- 9:12Speaker 1: him like he's an ally.
- 9:14Speaker 4: Right.
- 9:14Speaker 1: Or that like he's an equal partner or even a
- 9:17Speaker 1: partner at all. Like, I don't know if you, I'm
- 9:19Speaker 1: sure you guys did this. I'm sure you did this
- 9:20Speaker 1: to me. Like I went back to the transcript and
- 9:22Speaker 1: read it like so many times to see where it
- 9:24Speaker 1: went off the rails because it also like, it was
- 9:26Speaker 1: going fine.
- 9:28Speaker 3: It was at times a little bit chummy even.
- 9:30Speaker 1: Yes.
- 9:30Speaker 2: They're joking about their disagreements.
- 9:32Speaker 1: And it starts, the bad part starts with the reporter
- 9:35Speaker 1: asking Trump if he's too aligned with Putin, which is
- 9:37Speaker 1: obviously a trigger for him, right? Like that's just going
- 9:41Speaker 1: to set Trump off and like that couldn't be pre-planned, right?
- 9:44Speaker 1: And then Trump says- Oh, you see the hatred he's
- 9:47Speaker 1: got for Putin pointing to Zelensky. It's very tough for
- 9:50Speaker 1: me to make a deal with that kind of hate.
- 9:52Speaker 1: He's got tremendous hatred. So like we start the meeting
- 9:55Speaker 1: by Trump scolding the guy. Keep in mind, scolding the
- 9:58Speaker 1: guy that he had just called a dictator. twice over
- 10:01Speaker 1: the past couple of weeks. We're like complaining about Zelensky
- 10:03Speaker 1: not saying thank you. And Trump has called this guy
- 10:05Speaker 1: a dictator twice. So then he scolds him while he's
- 10:07Speaker 1: sitting right there in the Oval Office for having too
- 10:09Speaker 1: much hatred to do the deal. But then even Trump
- 10:12Speaker 1: sort of like, you know, he's like, I just want
- 10:14Speaker 1: to get a deal. I'm aligned with Europe. I just
- 10:15Speaker 1: want to get something done. I got something. And the
- 10:17Speaker 1: whole thing probably would have gone away then. if fucking J.D.
- 10:19Speaker 1: Vance didn't jump in after Trump finished his answer.
- 10:22Speaker 3: He was the chief arsonist.
- 10:23Speaker 1: No one asked J.D. Vance for a follow-up answer on that.
- 10:26Speaker 5: J.D.
- 10:26Speaker 1: Vance just jumped in after Trump win and did this
- 10:28Speaker 1: whole thing where you said, he also just gets the
- 10:30Speaker 1: whole timeline wrong. He's like, Putin invaded Ukraine after Joe
- 10:34Speaker 1: Biden just tried to talk tough and didn't engage in diplomacy.
- 10:38Speaker 1: So Zelensky's like, well, that's not the timeline. Zelensky's basically like, yeah, well,
- 10:42Speaker 1: he's been trying to invade the country and he's been
- 10:45Speaker 1: at war with us since 2014. And then he also
- 10:48Speaker 1: throws in, by the way, during the first answer, and
- 10:51Speaker 1: God bless, now President Trump will stop him.
- 10:53Speaker 3: Right.
- 10:54Speaker 1: Which was also nice.
- 10:56Speaker 3: I respect Maggie's reporting, but there were times where I
- 10:58Speaker 3: felt like the headline was like this wasn't an ambush,
- 11:01Speaker 3: and then the substance of the story didn't back that up.
- 11:03Speaker 3: For example, Lindsey Graham is running around telling everyone that
- 11:06Speaker 3: he told Zelensky not to take Trump's bait. well, if
- 11:08Speaker 3: this wasn't a setup, then why would he be baited
- 11:11Speaker 3: in the first place? And maybe that's an overly literal meeting,
- 11:14Speaker 3: but like Trump's position is you have to come into
- 11:16Speaker 3: the Oval Office. You have to bow to my will.
- 11:18Speaker 3: You cannot disagree with me even about points of fact.
- 11:21Speaker 3: And that's just not tenable for the leader of a
- 11:22Speaker 3: country fighting for its existence. And so like ambush, not
- 11:26Speaker 3: an ambush. It was designed for domestic political consumption. Like J.D.
- 11:31Speaker 3: Vance's speech was his chance to finally talk in a
- 11:34Speaker 3: big boy meeting and lead the headlines 41 days into
- 11:38Speaker 3: the administration, where Elon had been ahead of him every
- 11:41Speaker 3: other day. And then Trump at the end says, well,
- 11:45Speaker 3: I think it was good for the American people to
- 11:47Speaker 3: hear all that, and this will make for good TV.
- 11:49Speaker 3: And if you want to make this all a private
- 11:51Speaker 3: discussion about the substance, don't have the fucking pool spray
- 11:53Speaker 3: in there for 45 minutes.
- 11:54Speaker 2: Yeah, there's one moment where where Zelensky calls him JD
- 12:00Speaker 2: and then JD calls him Mr.
- 12:01Speaker 3: President.
- 12:02Speaker 2: And so like, you feel like it's quite personal, but
- 12:04Speaker 2: like none of this should be personal, right? Like it's
- 12:08Speaker 2: not just about Trump calling him a dictator. The United
- 12:12Speaker 2: States sided with Putin a week earlier at the UN.
- 12:17Speaker 2: Like these are supposed to be, it's all like Vance
- 12:21Speaker 2: and even Rubio. Like you go look, we'll talk about
- 12:23Speaker 2: Rubio more in a minute, but like, These guys were
- 12:25Speaker 2: all like the end of America's namby-pamby, soft, emotional foreign
- 12:29Speaker 2: policy is over. We're doing hard-nosed decisions based on pure rationality.
- 12:34Speaker 2: And it's like, if that's the case, a fit of
- 12:36Speaker 2: pique in a meeting shouldn't matter. It shouldn't matter at all.
- 12:41Speaker 2: They are allowing this to be 100% personality-driven.
- 12:44Speaker 1: I liked David Sanger's piece on this, which is he's
- 12:48Speaker 1: basically arguing that the overall goal here is that Trump
- 12:51Speaker 1: wants to normalize relations with Russia. And Ukraine is standing
- 12:55Speaker 1: in the way of that. Zelensky is standing in the
- 12:56Speaker 1: way of that. So with that larger context, any meeting
- 13:00Speaker 1: was like it could have gone better in terms of
- 13:02Speaker 1: the theatrics of it. But like it was always going
- 13:04Speaker 1: to be Trump being like this guy is an impediment
- 13:07Speaker 1: to normalization with Russia, which is what I want.
- 13:09Speaker 3: And it's like, why do we want to normalize things
- 13:11Speaker 3: with Russia so much? It's like a broken economy. It's
- 13:14Speaker 3: like a wartime economy now. They just make artillery shells
- 13:16Speaker 3: that they use to kill Ukrainians. But one sort of
- 13:19Speaker 3: under-discussed bizarre part of Trump's rant is Because, you know,
- 13:22Speaker 3: you also have to think about the original impeachment and
- 13:25Speaker 3: how Zelensky was involved, right? Because Trump called Zelensky and
- 13:27Speaker 3: was trying to held up military into Ukraine in order
- 13:30Speaker 3: to get dirt on Joe Biden. But an under-discussed sort
- 13:32Speaker 3: of part of when Trump gets really mad is he
- 13:35Speaker 3: starts ranting about the Mueller investigation. And he says, Putin
- 13:39Speaker 3: went through a hell of a lot with me. And
- 13:41Speaker 3: then he said, and it came out of Hunter Biden's bathroom. Like,
- 13:44Speaker 3: so none of this makes sense, but he was talking
- 13:46Speaker 3: about how like he and Vlad endured something terrible together.
- 13:51Speaker 3: like somehow it was bad for Putin to have been
- 13:53Speaker 3: perceived by the world as having handpicked the American president?
- 13:56Speaker 2: Like they're blood brothers. It's actually really, really strange. It's
- 14:00Speaker 2: kind of like a Stockholm syndrome. Like this is like,
- 14:02Speaker 2: you're saying like, why would the US want to normalize
- 14:04Speaker 2: relations with Russia? And again, this is why like, this
- 14:06Speaker 2: is none of this makes sense. And like all these
- 14:08Speaker 2: sort of pathetic weasels around Trump trying to make it
- 14:11Speaker 2: make sense are obviously part of the problem. It's like, no,
- 14:14Speaker 2: of course not. It's a failing Petro state, right? That
- 14:17Speaker 2: it's like been depleted. It's like, America, it's so fucking
- 14:21Speaker 2: pathetic that because of Donald Trump as a figure, a
- 14:24Speaker 2: singular figure, we're now becoming a vassal state of this tiny,
- 14:28Speaker 2: weak country because, like, Donald Trump has these ego-driven, like, psychosexual,
- 14:33Speaker 2: personal issues with this one dictator who, in his bones,
- 14:37Speaker 2: he knows is so much tougher than him. And by
- 14:38Speaker 2: the way, Zelensky, too, right? Like, part of this resentment
- 14:41Speaker 2: is that J.D. Vance and Donald Trump know that, like,
- 14:43Speaker 2: Zelensky is a stronger and tougher man than they are.
- 14:46Speaker 2: And you can just feel the seething kind of, like,
- 14:49Speaker 2: weakness of these two human beings in front of this
- 14:51Speaker 2: actual leader.
- 14:52Speaker 1: Uh, he also, when he gets mad, when Trump gets mad,
- 14:56Speaker 1: he just has like conspiracy Tourette's and he just like
- 14:58Speaker 1: goes through the, that's where, that's where that came from.
- 15:01Speaker 1: Like where he just went down the road of like, Putin, Russiagate, Hunter, laptop, bathroom, video.
- 15:09Speaker 1: He doesn't know at that point what's happening.
- 15:11Speaker 2: He always got to the, what do you always call
- 15:14Speaker 2: the FBI people that were sleeping together?
- 15:16Speaker 1: Struck.
- 15:17Speaker 3: The lovers.
- 15:17Speaker 2: He almost got to the lovers.
- 15:19Speaker 1: Lisa Page. I'm surprised he didn't mention Adam Schiff.
- 15:22Speaker 3: Sir, do you know it was on Hunter's laptop? There's
- 15:25Speaker 3: a lot of photos that you probably don't want to see.
- 15:27Speaker 2: There were a few incursions on there, but I don't
- 15:29Speaker 2: think it had anything to do with what we're talking about.
- 15:30Speaker 1: Five more seconds, he would have gone there. He would
- 15:32Speaker 1: have gone there. Pod Save America is brought to you
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- 17:10Speaker 1: talk about Secretary of State little Marco Rubio for a minute,
- 17:13Speaker 1: who looked not excited to be in that meeting. As
- 17:16Speaker 1: a reminder, here's an example of what Rubio used to
- 17:18Speaker 1: say on Ukraine and what he's saying now.
- 17:20Speaker 3: Look, Putin can't win.
- 17:21Speaker 4: No matter what, there always has to be a real,
- 17:24Speaker 4: legitimate Ukrainian state that we have a relationship with. And
- 17:26Speaker 4: I don't know why we can't begin to openly say
- 17:29Speaker 4: we will support them as long as they are willing
- 17:31Speaker 4: to fight, even if it's an insurgency.
- 17:34Speaker 1: Thoughts on Rubio?
- 17:36Speaker 3: I've noticed this in all of the photos of Rubio
- 17:38Speaker 3: in the context of these U.S.-Russia talks. There were a
- 17:40Speaker 3: bunch of photos that came out of Saudi Arabia with Rubio,
- 17:42Speaker 3: Mike Waltz, Steve Witkoff are all there, and there's Sergei
- 17:46Speaker 3: Lavrov in the Russian delegation. Rubio just has this thousand-yard
- 17:49Speaker 3: stare in all of them. I don't want to put
- 17:52Speaker 3: him on the psychiatrist's couch, but I do think you
- 17:56Speaker 3: can tell he knows this is wrong. Because I do
- 17:59Speaker 3: think it's fair to say, okay, after three years of
- 18:01Speaker 3: the Biden policy, we got to a place where It
- 18:05Speaker 3: was a permanent stalemate kind of. And a stalemate is
- 18:07Speaker 3: not a strategy. So let's not reemphasize diplomacy and try
- 18:10Speaker 3: to end the war. But Rubio knows Zelensky is not
- 18:12Speaker 3: a dictator and Putin is. He knows who started the
- 18:16Speaker 3: war and who didn't. He knows that Zelensky can't hold
- 18:18Speaker 3: an election right now because a huge chunk of the
- 18:20Speaker 3: country is living under Russian occupation. Another big chunk has
- 18:23Speaker 3: been displaced. Another big chunk is at the front lines fighting.
- 18:27Speaker 3: How are they going to have people vote in free
- 18:29Speaker 3: and fair elections in this context? And so he just
- 18:31Speaker 3: looks like a guy who sold out all his beliefs
- 18:33Speaker 3: to get the secretary of state job and now is
- 18:36Speaker 3: like living with the consequences. And by the way, has
- 18:39Speaker 3: no real power.
- 18:39Speaker 1: Well, and that's what he that's what he looks like
- 18:41Speaker 1: in all these pictures. He does sound like he's trying
- 18:44Speaker 1: to sell this new Marco Rubio and how he thinks.
- 18:46Speaker 1: I think we have a clip of him, what he
- 18:48Speaker 1: says now. What specifically do you want to see President
- 18:51Speaker 1: Zelensky apologize for?
- 18:54Speaker 4: Well, I apologize for turning this thing into the fiasco
- 18:56Speaker 4: for him that it became. Because he found every opportunity
- 18:59Speaker 4: to try to Ukraine-splain on every issue. Maybe Zelensky doesn't
- 19:02Speaker 4: want a peace deal. He says he does, but maybe
- 19:04Speaker 4: he doesn't.
- 19:05Speaker 1: Ukraine-splain?
- 19:06Speaker 2: The Ukraine-splain. Like, again, it's like, it's so emotional, right? Like, oh,
- 19:12Speaker 2: he should have been more, he should have shown better manners.
- 19:14Speaker 2: This fucking Emily Post bullshit. I went back and looked
- 19:19Speaker 2: at Rubio's, uh, the Senate confirmation speech that he gave.
- 19:24Speaker 2: And he says, the post-war global order is not just obsolete,
- 19:26Speaker 2: it's now a weapon being used against us, right? And
- 19:29Speaker 2: this is him, again, trying to find a way to
- 19:32Speaker 2: make sense of his involvement, right? And I do think
- 19:35Speaker 2: that there is a critique of the way in which
- 19:38Speaker 2: the Biden administration didn't want to lose, but didn't want
- 19:40Speaker 2: to win in a bunch of different ways all around
- 19:42Speaker 2: the world. And by the way, for decades, an America
- 19:45Speaker 2: that's just slowly watching China grow more and more powerful
- 19:48Speaker 2: as we welcome them into the economic order, which are
- 19:50Speaker 2: things that he talks about. But the other side of
- 19:53Speaker 2: that is meant to be a stronger US, a more full-throated,
- 19:59Speaker 2: less morally relativistic defense of our values, of our principles,
- 20:03Speaker 2: some kind of a strategy. But then you look at
- 20:05Speaker 2: what's happening, it's like we're capitulating, to Russia. And they're like, well, actually,
- 20:09Speaker 2: it's because, you know, we're not going to worry about
- 20:11Speaker 2: what's happening over there. We're going to worry about what's
- 20:13Speaker 2: happening in our own backyard. Okay, but we're also basically
- 20:16Speaker 2: threatening Canada with invasion, threatening Panama with invasion, throwing tariffs
- 20:20Speaker 2: on our neighbors. Like, there's no logic to any of this.
- 20:22Speaker 2: And Rubio, because he's just the fucking world's biggest weasel,
- 20:26Speaker 2: is just trying to figure out what he can say
- 20:28Speaker 2: day to day just to get him into, I guess,
- 20:31Speaker 2: a bed.
- 20:33Speaker 1: So I kind of think that there might be a
- 20:35Speaker 1: logic to it. Can I give you my... Sure. Like,
- 20:38Speaker 1: I think that Trump... And look, I don't think this
- 20:40Speaker 1: is like he has... Trump has planned out everything and
- 20:44Speaker 1: has been really thinking deep about this and writing it
- 20:47Speaker 1: in his memoirs, you know? I think he respects rich, powerful,
- 20:52Speaker 1: ruthless leaders. And it seems like he wants to carve
- 20:57Speaker 1: up the world with Putin and Xi... And maybe you
- 21:01Speaker 1: got your Kim Jong-un's in there or your BB's, anyone
- 21:03Speaker 1: with nuclear weapons, right? He knows that if you have
- 21:05Speaker 1: nuclear weapons, then you're pretty powerful. And he knows they're
- 21:09Speaker 1: bad guys. He knows they treat their people horribly. He
- 21:12Speaker 1: doesn't really care about that. He likes the idea that
- 21:14Speaker 1: he can deal with a few, what he views as
- 21:18Speaker 1: tough leaders directly. He thinks he's a great negotiator. He
- 21:22Speaker 1: doesn't like the idea of the UN and NATO and
- 21:26Speaker 1: places where you have all these voices in some countries
- 21:29Speaker 1: that he doesn't think should have a seat at the table,
- 21:30Speaker 1: an equal seat at the table with everyone else because
- 21:32Speaker 1: they're weaker than the other countries because that's too democratic
- 21:36Speaker 1: and he doesn't like democracy that much. And the idea
- 21:39Speaker 1: of him, this is like when he always brags when
- 21:42Speaker 1: like Xi came to Mar-a-Lago and, you know, and then
- 21:44Speaker 1: he gets to wine and dine him and impress him and,
- 21:46Speaker 1: you know, I'm good with Putin and Kim Jong-un likes me.
- 21:48Speaker 1: Like he, I think he loves a world where He
- 21:52Speaker 1: can deal with a few tough bad guys. He's a
- 21:54Speaker 1: good negotiator. And he looks at– and they do all
- 21:57Speaker 1: want like client states. He sees like Putin. Putin wants Ukraine.
- 22:00Speaker 1: Putin may want Eastern Europe. He sees Xi wants Taiwan.
- 22:03Speaker 1: And he's like, well, I better get some client states
- 22:05Speaker 1: of my own. Maybe I'll go after Canada. Maybe I'll
- 22:07Speaker 1: go after Panama, Greenland. Like it feels like that's his
- 22:11Speaker 1: vision of the world. I don't know. Maybe I'm crazy.
- 22:12Speaker 3: I was trying to find this. Elon Musk tweet, and
- 22:15Speaker 3: I was scrolling for like 25 minutes because, God, all
- 22:17Speaker 3: he does is tweet. But he tweeted, Zelensky wants a
- 22:19Speaker 3: forever war, a never-ending graft, meat grinder, this is evil. Like,
- 22:23Speaker 3: the way they talk about this guy, these are Zelensky's
- 22:26Speaker 3: people getting killed. The Russians tried to murder him repeatedly
- 22:31Speaker 3: in the early days of the war. They sent assassination
- 22:32Speaker 3: teams to Zakiv to find the guy. And he survived
- 22:35Speaker 3: through bravery, through, you know, really tough fighting by the
- 22:39Speaker 3: Ukrainians in those early days. And it's just disgusting the
- 22:41Speaker 3: way they talk about him. But to your point, John,
- 22:43Speaker 3: I mean, like, I think there's some truth that, look,
- 22:46Speaker 3: between 50 and 85 million people died in the Second
- 22:48Speaker 3: World War. So the United States was like, or the
- 22:50Speaker 3: world came together and was like, hey, maybe we should
- 22:51Speaker 3: set up some institutions to prevent this from happening again.
- 22:54Speaker 3: That's why you have the UN that was designed to
- 22:58Speaker 3: try to maintain global peace. That led to the creation
- 23:00Speaker 3: of NATO, which was to counter Soviet expansion and unchecked
- 23:05Speaker 3: nationalism among some of the member states like Germany.
- 23:09Speaker 2: I always got to keep an eye on Germany.
- 23:10Speaker 3: You do. And both institutions have a lot of flaws,
- 23:13Speaker 3: and we can talk about those if you want. But
- 23:15Speaker 3: there hasn't been a war between a NATO member and
- 23:17Speaker 3: Russia since. And no NATO member has been invaded by
- 23:21Speaker 3: another country. So it's been a pretty successful project. And
- 23:23Speaker 3: I agree, it does seem like Trump wants to go
- 23:26Speaker 3: back to a time where the great powers divide the
- 23:28Speaker 3: world up and they bully people and might is right.
- 23:31Speaker 3: And I think the problem with that, there's a lot
- 23:33Speaker 3: of problems with that logic. But what you're going to
- 23:36Speaker 3: see is more militarism, You are going to see more nationalism.
- 23:40Speaker 3: You're going to see more development of nuclear weapons as
- 23:43Speaker 3: a deterrent. Because if the U.S. nuclear umbrella is not
- 23:45Speaker 3: going to protect us, I guess it's time to make
- 23:47Speaker 3: one of my own. And so it's gangster diplomacy. And
- 23:50Speaker 3: you're already seeing Elon Musk tweeting about, he talks about
- 23:52Speaker 3: the spoils of battle when he's talking about Doge cuts.
- 23:55Speaker 3: But I do think he's applying that more broadly in
- 23:57Speaker 3: like a really kind of, you know, old school context.
- 24:01Speaker 3: in a bad way way.
- 24:02Speaker 1: This is how Trump operates domestically. This is how Trump
- 24:06Speaker 1: has operated in business his whole life, right? Like it doesn't,
- 24:09Speaker 1: you don't have to have some grand theory of international
- 24:12Speaker 1: order to just view the world as he does as like,
- 24:16Speaker 1: there's people I think are tough and powerful and there's
- 24:18Speaker 1: people I think are weak and why should I give
- 24:20Speaker 1: a shit about the weak people?
- 24:21Speaker 2: I think what you're describing is like the end result
- 24:23Speaker 2: of what happens when someone like Trump is just sort
- 24:25Speaker 2: of emotionally, instinctively driven towards relationships with Russia and Putin
- 24:32Speaker 2: with Xi that he finds that easier and less of
- 24:37Speaker 2: a headache. But where are the iPhones from? Where are
- 24:41Speaker 2: the chips from? All of this is like, the idea
- 24:43Speaker 2: is like, oh, you're just going to carve up the world.
- 24:45Speaker 2: There's stuff moving across those lines already. The amount of chaos.
- 24:49Speaker 1: Well, he's going to be like, yeah, I can deal
- 24:50Speaker 1: with Xi directly. I'll keep the iPhones coming. Yeah, sure. Oh,
- 24:53Speaker 1: I realize it's all bullshit, but I think he believes it.
- 24:57Speaker 1: I think he hasn't. I think that it's a J.D.
- 24:59Speaker 1: Vance view. Like, I don't think it's just Trump. I
- 25:01Speaker 1: actually think he now has an Elon and J.D. Vance
- 25:05Speaker 1: in like I think he has a movement of people
- 25:07Speaker 1: around him. And they're all you know, they look to Orban.
- 25:10Speaker 1: They look to Hungary and they're like, this is the way.
- 25:12Speaker 2: I think they look. I think they see. I mean,
- 25:14Speaker 2: just take them at their word like the U.N. World
- 25:17Speaker 2: Trade Organization, like these are institutions that have become sclerotic
- 25:21Speaker 2: the same way they and they don't see the benefits
- 25:24Speaker 2: of or live in a kind of glib luxury of
- 25:27Speaker 2: the security and stability these institutions provide while attacking what
- 25:30Speaker 2: are genuine excesses and problems of working within those organizations.
- 25:34Speaker 2: And rather than doing the hard grinding work of reforming them,
- 25:37Speaker 2: they want to burn them down. But we will live
- 25:40Speaker 2: in the dangerous kind of poor world that results when
- 25:44Speaker 2: they're long gone. And Donald Trump doesn't know better, but
- 25:48Speaker 2: Marco Rubio knows better because he used to say it
- 25:50Speaker 2: out loud.
- 25:50Speaker 1: Oh, for sure.
- 25:51Speaker 3: One even simpler explanation is Trump looks at a Russia
- 25:55Speaker 3: or a China and sees a kleptocracy. And there are
- 25:57Speaker 3: people who think that Vladimir Putin's the richest person in
- 25:59Speaker 3: the world because basically at one point along the way,
- 26:02Speaker 3: he went to all the Russian oligarchs and says, now
- 26:03Speaker 3: you give me half or else you're falling out a
- 26:06Speaker 3: very high window.
- 26:08Speaker 2: But is he happy?
- 26:09Speaker 3: You can imagine a version of that where, you know,
- 26:13Speaker 3: the state functions as just another means for Donald Trump
- 26:17Speaker 3: to get paid. And we're already seeing some pieces of that.
- 26:19Speaker 1: And again, yeah, I completely agree. And in his mind,
- 26:23Speaker 1: it's like, and I deserve that because I'm the one
- 26:26Speaker 1: running everything. And I got my other rich friend Putin
- 26:29Speaker 1: over here, my other rich friend Xi, and they're tough
- 26:31Speaker 1: guys too. Look how tough, how many times are you
- 26:33Speaker 1: talking about how tough they are? But sometimes the way
- 26:35Speaker 1: that I think the left has framed it is, oh,
- 26:37Speaker 1: that that Donald Trump is like a supplicant to these
- 26:39Speaker 1: guys or he's like a stooge for them. And like that,
- 26:43Speaker 1: I think Putin and she probably think that about Trump.
- 26:46Speaker 1: But I think Trump thinks they're his buddies. They're all
- 26:48Speaker 1: a bunch of tough guys, you know, standing across the
- 26:52Speaker 1: globe together.
- 26:53Speaker 2: Yeah, this is why it's like, look, you know, the U.S.
- 26:58Speaker 2: sides with Russia at the U.N. against our ally. And
- 27:03Speaker 2: like how many people in the U.S. actually know about that?
- 27:06Speaker 2: and how many people in the U.S.
- 27:07Speaker 1: Actually care about that. And by the way, notable that
- 27:11Speaker 1: Orban and Bibi joined, too, in the new club there
- 27:15Speaker 1: in that vote.
- 27:16Speaker 2: But I do think some of this is like, you know,
- 27:19Speaker 2: I was thinking about this before we recorded. It's like,
- 27:22Speaker 2: you know, the democratic legitimacy of these institutions, right, like
- 27:26Speaker 2: were in the post-World War II era, came from Americans
- 27:30Speaker 2: having a fear of the Soviet Union, drilled into them
- 27:33Speaker 2: by propaganda, but also the actual threat posed by the
- 27:35Speaker 2: Soviet Union that people lived with every day. And then
- 27:38Speaker 2: the Cold War ends and we kind of just continue
- 27:40Speaker 2: with these institutions, never really making a kind of coherent
- 27:44Speaker 2: argument for them, why they're important, why we're doing this,
- 27:46Speaker 2: why we spend this money, right? We were resting on
- 27:50Speaker 2: the kind of goodwill and legitimacy that came from generations before.
- 27:55Speaker 2: And now Trump puts these things under attack. And in
- 27:57Speaker 2: the same way, we're told it's a trap to talk
- 27:59Speaker 2: about why USAID is a good thing. We're now once
- 28:02Speaker 2: again in the trap of trying to defend this order
- 28:04Speaker 2: because It seems like what what what Trump and these
- 28:07Speaker 2: guys are daring us to do is say, all right, fine,
- 28:10Speaker 2: burn it down. We'll prove you right when everything is terrible.
- 28:12Speaker 5: Yeah.
- 28:13Speaker 1: We're just out in the streets chanting rules based order,
- 28:17Speaker 1: rules based order.
- 28:18Speaker 3: Yeah, I bet no one knows about the U.N. vote.
- 28:20Speaker 3: I mean, look, the U.N. Security Council has been broken
- 28:22Speaker 3: for a long time because the Russians and Chinese veto
- 28:24Speaker 3: whatever they want. And we veto any criticism Israel and
- 28:27Speaker 3: nothing gets done.
- 28:27Speaker 5: Right.
- 28:27Speaker 3: It's been that way for a decade plus. A UN
- 28:30Speaker 3: General Assembly vote is basically just kind of like a
- 28:32Speaker 3: show of hands of what you believe. It's like a
- 28:34Speaker 3: global roll call. And boy, did we show our hand
- 28:36Speaker 3: in a new and scary way to the world. I
- 28:39Speaker 3: do wonder if the Zelensky-Trump meeting will break through and,
- 28:42Speaker 3: I don't know, hit people differently.
- 28:48Speaker 2: They did say Slava Ukraine at the Oscars. Is that
- 28:51Speaker 2: worth anything?
- 28:52Speaker 1: No.
- 28:53Speaker 3: Bullying a man who's like trying to rescue 19,000 Ukrainian
- 28:56Speaker 3: children who were stolen, kidnapped and taken to Russia. Like,
- 28:59Speaker 3: I don't know. That's pretty fucked up. That's dark stuff.
- 29:02Speaker 1: I'm sure MAGA base thought it was awesome. Right? Of course.
- 29:05Speaker 1: We know that. They've been saying that. I agree, Tommy. Like,
- 29:08Speaker 1: I think I had some people text me who are not,
- 29:11Speaker 1: you know, political junkies like us and are just like,
- 29:13Speaker 1: that was so embarrassing, awful, scary. What the fuck is happening?
- 29:17Speaker 3: You don't look tough. It's like a three-on-one fight. And
- 29:19Speaker 3: it's not about sending weapons or spending more money. It's
- 29:21Speaker 3: just about like treating a man with decency whose country
- 29:23Speaker 3: has been massacred. I mean, the casualty counts you see
- 29:26Speaker 3: from the US estimates are 70,000 Ukrainian soldiers killed, 100,000 wounded.
- 29:31Speaker 3: The Russian casualties are like double that. And so this
- 29:34Speaker 3: war is a bit of catastrophe. Like I'm all for
- 29:36Speaker 3: trying to end it, but we have to do it
- 29:37Speaker 3: on terms that won't lead to a ceasefire that just
- 29:41Speaker 3: reignites in a couple of years when the Russians have
- 29:43Speaker 3: had time to reconstitute their forces. And that's what Zelensky's
- 29:45Speaker 3: worried about.
- 29:46Speaker 1: Yeah, that's right.
- 29:47Speaker 5: All right.
- 29:47Speaker 1: Turning to all the damage that Trump is doing here
- 29:49Speaker 1: in America. The AP reported last week that the social
- 29:52Speaker 1: security administration is preparing to lay off at least 7,000
- 29:54Speaker 1: people close multiple field offices, and could get rid of
- 29:58Speaker 1: up to half its workforce. Most of the agency's senior
- 30:02Speaker 1: leadership is already gone. Martin O'Malley, the former Maryland governor
- 30:05Speaker 1: who ran the Social Security Administration under Biden, just told
- 30:08Speaker 1: CNBC that with this level of cuts, quote, you're going
- 30:12Speaker 1: to see the system collapse and an interruption of benefits
- 30:15Speaker 1: within the next 30 to 90 days. People should start
- 30:18Speaker 1: saving now. We also found out what Doge Master Elon
- 30:21Speaker 1: Musk thinks about the program during his latest Joe Rogan
- 30:23Speaker 1: appearance last weekend. I mean, the government's one big permit scheme,
- 30:26Speaker 1: if you ask me.
- 30:27Speaker 3: Yeah, well, you can tell me better than anybody.
- 30:29Speaker 1: Social Security is the biggest Ponzi scheme of all time.
- 30:34Speaker 1: Seems like the task of making the 2026 campaign ads
- 30:37Speaker 1: just got easier.
- 30:37Speaker 2: It's also just like, ugh, Social Security's a Ponzi scheme.
- 30:40Speaker 2: It's just like mid-90s Republican talking points is where we're at.
- 30:45Speaker 2: It's actually a Ponzi scheme. The trust fund runs out
- 30:48Speaker 2: in 2050. The trust fund's always running out.
- 30:50Speaker 5: Yeah.
- 30:51Speaker 3: Yeah, Elon sort of like always seems like partly aware
- 30:53Speaker 3: of and on board with the Trump policy agenda. Like
- 30:56Speaker 3: no one in the White House wants him to call
- 30:57Speaker 3: Social Security a Ponzi scheme because, boy, does it then go.
- 31:00Speaker 3: It's hard to pivot from that to fighting for a
- 31:03Speaker 3: $ 5 trillion tax cut for the richest people in the country,
- 31:06Speaker 3: which is their primary objective this year.
- 31:08Speaker 1: I imagine they'll do whatever it takes to avoid Social
- 31:11Speaker 1: Security benefit cuts because they know how unpopular it would be.
- 31:14Speaker 1: But I also think they are some combo of idiots
- 31:16Speaker 1: and liars all the time. So people do need to
- 31:19Speaker 1: be on alert for any story about retirees who couldn't
- 31:22Speaker 1: get their benefits on time because that's– you lay off
- 31:26Speaker 1: that many people at the Social Security Administration, which I'm
- 31:28Speaker 1: sure wasn't the model of efficiency before that.
- 31:32Speaker 2: Yeah, yeah. Those Social Security checks gets paused, you'll see
- 31:36Speaker 2: a geezer insurrection that makes it fucking January 6th. Look
- 31:39Speaker 2: like a PTA meeting.
- 31:40Speaker 3: Oh, I remember– Under the Affordable Care Act, Obama used
- 31:45Speaker 3: to say, if you like your plan, you can keep it.
- 31:48Speaker 3: But then some plans were canceled because they didn't hit
- 31:51Speaker 3: the mandatory requirements under the new ACA rules. And my
- 31:56Speaker 3: wife's mother had a plan that got canceled. And I
- 31:59Speaker 3: remember having that conversation with her and she was able
- 32:02Speaker 3: to get a new one and it was fine. It
- 32:03Speaker 3: was probably overall better. But that was not a small thing.
- 32:07Speaker 3: That was not a blip in their feelings about the
- 32:10Speaker 3: ACA or Barack Obama's standing.
- 32:13Speaker 1: For a little while.
- 32:14Speaker 2: Yeah.
- 32:14Speaker 1: And, and to that point, people aren't going to, even
- 32:17Speaker 1: if they don't cut benefits, like, Oh, we, we missed it.
- 32:19Speaker 1: We missed all the checks for Wisconsin this month.
- 32:22Speaker 3: Right.
- 32:23Speaker 1: Or, sorry, everyone in Kansas, you're not getting, or like,
- 32:26Speaker 1: like they, you do that for a month. It's mayhem.
- 32:29Speaker 2: The, yeah, the, again, it's like, I sound like a
- 32:31Speaker 2: broken record, but like, you know, before social security, the
- 32:35Speaker 2: poorest people in the country were old people and social
- 32:38Speaker 2: security changed that forever. We live in a world that
- 32:41Speaker 2: is different because social security is lifted millions of people
- 32:44Speaker 2: out of grinding poverty. And you play with that for
- 32:48Speaker 2: a week, playing with people's ability to feed themselves, to
- 32:51Speaker 2: take care of themselves.
- 32:52Speaker 1: And they showed their gratitude by voting for Donald Trump.
- 32:55Speaker 1: At least the first time.
- 32:56Speaker 3: But part of what you're making is just a basic
- 32:59Speaker 3: government competence argument. And if suddenly a bunch of Social
- 33:02Speaker 3: Security checks don't go out, that shatters people's confidence in
- 33:05Speaker 3: the U.S. government in a way that I think is
- 33:07Speaker 3: really hard to recover from. Again, the Affordable Care Act,
- 33:10Speaker 3: the healthcare.gov rollout, was more than just a website being
- 33:12Speaker 3: broken for a while. It just fundamentally undercut people's faith
- 33:16Speaker 3: in the administration to roll out and administer their health care,
- 33:19Speaker 3: which is a very personal thing.
- 33:21Speaker 2: Social security field offices are not the driver of our
- 33:24Speaker 2: national debt or deficit. These are tiny, tiny costs that
- 33:28Speaker 2: provide basic services.
- 33:29Speaker 3: It's all fake. It's all bullshit.
- 33:31Speaker 1: We're going to take a quick break, but one announcement
- 33:33Speaker 1: before we do that. The first State of the Union
- 33:35Speaker 1: address is Of Trump's second term. No, it's technically a
- 33:40Speaker 1: joint session of Congress.
- 33:41Speaker 3: But whatever.
- 33:42Speaker 1: It's tonight at 9 p.m. Eastern. We used to believe
- 33:46Speaker 1: in things, have grammar and stuff. 6 p.m.
- 33:48Speaker 3: Pacific.
- 33:48Speaker 1: One hour before that at 8 Eastern, 5 Pacific. The
- 33:51Speaker 1: three of us and Dan. Dan is back here again
- 33:54Speaker 1: this week.
- 33:54Speaker 2: We make Dan fly down all the time.
- 33:55Speaker 1: We'll be live streaming a preview of the speech on
- 33:57Speaker 1: the Pod Save America YouTube channel. We'll be talking about
- 33:59Speaker 1: what we can expect from Trump and how Democrats should respond.
- 34:02Speaker 1: And talking to Democratic members who are there. We'll also
- 34:05Speaker 1: be taking questions from Friends of the Pod subscribers. It's
- 34:07Speaker 1: going to be fun. It's going to be a great time.
- 34:09Speaker 1: Then at 9 Eastern, 6 Pacific, head over to the
- 34:11Speaker 1: Friends of the Pod Discord for subscriber-only live chat where
- 34:14Speaker 1: you can process this freak show in real time with
- 34:16Speaker 1: people who get it. No deranged Facebook uncles. I don't
- 34:19Speaker 1: know how we can promise that. No screaming into the void.
- 34:21Speaker 1: Just a space to vent, fact check, remind each other
- 34:25Speaker 1: that reality still matters.
- 34:26Speaker 3: Oh, wow.
- 34:27Speaker 1: I know.
- 34:28Speaker 2: That's a lot to promise. There's going to be some
- 34:30Speaker 2: jokes about the speech.
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- 36:07Speaker 1: That's L-U-M-E-N dot me slash crooked for 20% off your purchase.
- 36:14Speaker 1: Thank you, Lumen, for sponsoring this episode. So same weekend,
- 36:21Speaker 1: Elon called Social Security a Ponzi scheme. Trump announced a
- 36:23Speaker 1: safer place to invest our tax dollars. Crypto. He posted
- 36:27Speaker 1: that in order to, quote, make sure the U.S. is
- 36:29Speaker 1: the crypto capital of the world, he's creating a crypto
- 36:33Speaker 1: strategic reserve that would stockpile five cryptocurrencies, XRP, Solano, Cardano, Bitcoin,
- 36:40Speaker 1: and Ethereum. Don't even know what half those things are. Tommy,
- 36:43Speaker 1: care to explain what this is all about?
- 36:45Speaker 3: So the initial tweet, said the reserve would include XRP, SOL,
- 36:50Speaker 3: and ADA. That's Ripple, Solana, and Cardano. Then he quote
- 36:53Speaker 3: tweeted himself saying, of course, it'll also include Bitcoin and Ethereum.
- 36:56Speaker 3: And that will matter in a second. So this idea
- 36:59Speaker 3: has been on the top of the crypto Bitcoin maximalist
- 37:03Speaker 3: wishlist for a long time. Because if you own a
- 37:05Speaker 3: lot of cryptocurrency early, and then the US government pumps
- 37:08Speaker 3: a lot of money into it, your Bitcoin is going
- 37:11Speaker 3: to go up in price. The main elected official pushing
- 37:14Speaker 3: this idea has been Cynthia Loomis, a senator from Wyoming.
- 37:17Speaker 3: I'm sure everyone here at this table.
- 37:18Speaker 2: Is aware of her.
- 37:19Speaker 1: Very well aware of Cynthia Loomis.
- 37:20Speaker 3: She introduced the Boosting Innovation Technology Competitiveness Through Optimized Investment Nationwide, or?
- 37:28Speaker 1: Bitcoin? NAMBLA.
- 37:29Speaker 3: Bitcoin.
- 37:30Speaker 1: I was trying to follow you as you were saying it.
- 37:32Speaker 1: I'm like, ooh, get it, get it, get it.
- 37:34Speaker 3: So you put out the Bitcoin Act, the NAMBLA Act,
- 37:35Speaker 3: as Lovett called it, at a conference in 2024 where
- 37:38Speaker 3: Trump also spoke. Her bill is basically, she frames it
- 37:41Speaker 3: as a way to bring down the debt, which makes
- 37:43Speaker 3: no sense. But the gist of it is the U.S.
- 37:44Speaker 3: government buys a million Bitcoins, which is about 5% of
- 37:47Speaker 3: total supply of Bitcoins over a set period of time
- 37:50Speaker 3: using existing treasury funds. They say it will be paid
- 37:52Speaker 3: for by these existing treasury funds because it's like accounting
- 37:55Speaker 3: gimmicks to make it sound like it's cost-free, but the
- 37:58Speaker 3: money's fungible. So for spending U.S. government money on Bitcoin,
- 38:01Speaker 3: you're not spending it on something else. So obviously- It's
- 38:04Speaker 3: not free.
- 38:04Speaker 2: Well, it's only it's only and also it's only fungible
- 38:06Speaker 2: if you consider it like a stable asset, like the
- 38:09Speaker 2: fucking dollar.
- 38:09Speaker 5: Right.
- 38:10Speaker 1: But it's not.
- 38:10Speaker 3: It's a it's a highly volatile.
- 38:13Speaker 2: It's like it's buying stock.
- 38:14Speaker 1: It's buying stocks.
- 38:15Speaker 3: Yeah. So the reason I'm talking about this Loomis bill, though,
- 38:17Speaker 3: is because there's no details of whatever Trump's plan is
- 38:19Speaker 3: beyond these tweets, except that the Loomis plan was just Bitcoin,
- 38:23Speaker 3: while Trump's plan included those other cryptocurrencies like Ripple and Cardano,
- 38:28Speaker 3: which are why a lot of Bitcoin advocates actually don't
- 38:31Speaker 3: like what Trump rolled out. because those other currencies are
- 38:34Speaker 3: like jokes. Like no one uses Ripple. No one uses Cardano.
- 38:37Speaker 3: Solana is like a platform through which you make other
- 38:40Speaker 3: stuff off it, like mean coins. It's the idea that like,
- 38:43Speaker 3: if you are a Bitcoin maximalist and you believe that
- 38:45Speaker 3: Bitcoin is the new gold, okay, I guess you could
- 38:47Speaker 3: argue for diversifying like our holdings of stuff, but like
- 38:52Speaker 3: not for this other shit coins that no one ever uses.
- 38:55Speaker 3: So the only argument for how those other currencies get
- 38:59Speaker 3: into the mix here is because special interest lobbying is,
- 39:03Speaker 3: in corruption. And surprise, surprise, Trump had dinner with the
- 39:06Speaker 3: CEO of Ripple in early January. He's now surrounded by
- 39:09Speaker 3: these Silicon Valley guys with vested financial interests like David Sachs,
- 39:15Speaker 3: the AI czar. So he tweets this out, crypto prices
- 39:19Speaker 3: spiked on Sunday about 10%. Now they're crashing down as
- 39:22Speaker 3: we're recording this. And I guess there's like a big
- 39:25Speaker 3: White House crypto meeting on Friday, but like there's a
- 39:28Speaker 3: good chance that this tweet was all it was. And
- 39:31Speaker 3: it was just a chance to pump and dump.
- 39:34Speaker 1: Oh my God.
- 39:34Speaker 3: If you're previously holding these, these shares, because a bunch
- 39:37Speaker 3: of crypto news sites reported on someone making a 50
- 39:40Speaker 3: times levered bet on Bitcoin and Ethereum on Saturday, only
- 39:44Speaker 3: to cash it out for a $ 6. 8 million profit on Sunday. So,
- 39:50Speaker 3: must be nice. What do you think, guys? Clean out
- 39:52Speaker 3: Fort Knox, fill it with thumb drafts?
- 39:53Speaker 1: Well, I was going to say, what are we stockpiling?
- 39:56Speaker 2: Well, this is the thing that's so fucking stupid.
- 39:58Speaker 1: It's not gold. It's not a, like, what are we,
- 40:00Speaker 1: it's not a, we're going to run out.
- 40:03Speaker 2: Like, yeah, we have a strategic reserve of oil.
- 40:06Speaker 1: We're going to run out of the fake money.
- 40:08Speaker 2: Yeah, look, if the government ran out of crypto, what happens?
- 40:11Speaker 1: What happens?
- 40:12Speaker 2: Nothing. Nothing happens.
- 40:13Speaker 1: We're going to go stockpile some grass.
- 40:14Speaker 2: Yeah, it's, the, like, It's so outrageous on its face. Also,
- 40:20Speaker 2: I know it's almost quaint now, something that should probably
- 40:23Speaker 2: take an act of fucking Congress.
- 40:24Speaker 3: I think it would require one, yeah.
- 40:25Speaker 2: And then, and like, even just the announcing of the
- 40:29Speaker 2: specific currencies, again, like if there was an actual serious,
- 40:33Speaker 2: like a strategic crypto reserve is the dumbest fucking thing
- 40:36Speaker 2: I've ever heard of. It's not strategic. It's not a reserve.
- 40:38Speaker 2: It's just a bank account that we'd be owning that
- 40:40Speaker 2: we just put US dollars into, I guess, hoping that,
- 40:43Speaker 2: and then some of, one of the other rationales you'll
- 40:45Speaker 2: hear is like, well, it will benefit taxpayers because taxpayers
- 40:48Speaker 2: would then own a share of cryptocurrency as it rises.
- 40:52Speaker 2: And like, you know, I like hate to be a
- 40:54Speaker 2: small C conservative here. There's a great way for taxpayers
- 40:56Speaker 2: to benefit from cryptocurrency if they'd like. They can buy
- 40:59Speaker 2: cryptocurrency with their own fucking dollars.
- 41:01Speaker 1: Yeah, take the money and treasury that you're going to
- 41:03Speaker 1: put in the reserve and hand out some tax cuts.
- 41:06Speaker 3: I don't know.
- 41:07Speaker 2: No, I don't want a sovereign wealth fund. I don't
- 41:08Speaker 2: want any of this shit. Yeah, give everybody a gift card.
- 41:12Speaker 2: Buy what a crypto you fucking want.
- 41:14Speaker 3: There's also no guarantee that Bitcoin price will rise. Like
- 41:17Speaker 3: if it was guaranteed to rise, then like the way
- 41:20Speaker 3: markets work is it would already be priced at that level, right?
- 41:22Speaker 3: Because that's how guarantees work. I mean, so none of
- 41:24Speaker 3: this makes sense. You would come along, create a new
- 41:26Speaker 3: cryptocurrency that displaces Bitcoin. All of our holdings go to zero. Also,
- 41:31Speaker 3: the US government holding a ton of cryptocurrency or Bitcoin
- 41:34Speaker 3: is completely antithetical to like the libertarian anti-government roots of
- 41:38Speaker 3: these cryptocurrencies.
- 41:40Speaker 1: Yeah. I thought the whole reason we're doing crypto and
- 41:42Speaker 1: the blockchain is because we don't trust central governments and
- 41:46Speaker 1: banks around the world. And we want like, what was
- 41:48Speaker 1: that whole thing?
- 41:49Speaker 2: And also, also, uh, if the U S government suddenly
- 41:53Speaker 2: has massive holdings of Bitcoins, that's stuck because if the
- 41:58Speaker 2: U S announces that we're selling off our Bitcoins, suddenly
- 42:01Speaker 2: the price of Bitcoins will fucking plummet. Some of these
- 42:03Speaker 2: currencies that Trump is talking about buying, if the U
- 42:05Speaker 2: S has any meaningful stake in it, we own a
- 42:08Speaker 2: huge share of the global supply of these, of these coins,
- 42:12Speaker 2: you know, the, like with these Trump mean coins, right?
- 42:14Speaker 2: All these people that put money into it, they can
- 42:16Speaker 2: only get that money out if somebody is willing to
- 42:17Speaker 2: buy it at that price. Now, Trump makes money on
- 42:20Speaker 2: the transaction fees. And if you want, you could probably, uh,
- 42:23Speaker 2: you know, show your crypto wallet to Trump and say, look,
- 42:25Speaker 2: I'm on all your fucking coins, you know, just to
- 42:27Speaker 2: get a great deal out of it. But like, so
- 42:29Speaker 2: what this is, is like this first, is there so many,
- 42:31Speaker 2: there's like so many, it's like a Russian nesting doll
- 42:33Speaker 2: of corruption. Trump, Trump has these allies who are in
- 42:38Speaker 2: the crypto business. He's doing a huge favor for them.
- 42:40Speaker 2: Trump himself is making a ton of money off of crypto, right?
- 42:44Speaker 2: And so he wants to have crypto succeed. And on
- 42:48Speaker 2: top of all of that, you have this now, this
- 42:50Speaker 2: legitimated scheme where foreign leaders and governments and anybody who
- 42:54Speaker 2: wants a government contract can basically put money virtually directly
- 42:59Speaker 2: into Donald Trump's pocket. It's untraceable, but you can still
- 43:02Speaker 2: show him.
- 43:02Speaker 3: You can prove it to him.
- 43:03Speaker 1: Do you think after... Trump and Elon and the Doge
- 43:06Speaker 1: boys go to Fort Knox to check out the gold.
- 43:10Speaker 1: It feels like the Doge should kind of check out
- 43:12Speaker 1: the crypto reserve if it ever gets off the ground.
- 43:14Speaker 1: That's a good place for Doge.
- 43:16Speaker 3: I don't know where this came from.
- 43:17Speaker 2: Well, now I'm starting to understand where it's coming from
- 43:19Speaker 2: because basically they're trying to equate having a holding, like
- 43:23Speaker 2: a reserve of crypto to having a reserve of gold.
- 43:25Speaker 2: And they're trying to make the argument that Gold is
- 43:28Speaker 2: somehow just as insecure or dangerous or a risky asset
- 43:32Speaker 2: to hold as these digital mining bucks.
- 43:36Speaker 1: Yeah, don't trust anything except that which makes us money.
- 43:39Speaker 3: Well, to your point, a strategic oil reserve makes sense
- 43:42Speaker 3: because you're going to need to use oil.
- 43:44Speaker 1: Gold, you could make a similar argument.
- 43:45Speaker 3: Finite resource. You could make the argument with crypto that
- 43:48Speaker 3: you could make with gold. Like, look, in a pinch,
- 43:50Speaker 3: we can't eat gold, right? It only has value because
- 43:51Speaker 3: for thousands of years it has had value. But Bitcoin's
- 43:54Speaker 3: been around for like 15 years. It could just disappear
- 43:55Speaker 3: and no one would know.
- 43:56Speaker 2: Yeah, like, I don't care about the gold at Fort Knox,
- 43:59Speaker 2: but I, like, it's not, like, you have oil because
- 44:02Speaker 2: in an emergency, if suddenly oil supplies are cut off
- 44:04Speaker 2: by our adversaries or there's a price or whatever, you
- 44:07Speaker 2: need oil to have the economy function. There's other strategic
- 44:10Speaker 2: helium reserve because it's fun to use at parties. But, like,
- 44:12Speaker 2: there's lots of... But like you have a reserve of
- 44:16Speaker 2: something that you need in an emergency.
- 44:17Speaker 3: Right. And it doesn't, crypto is not what you need.
- 44:20Speaker 3: Also long-term cryptocurrency will undercut the use of the dollar
- 44:23Speaker 3: as the world's reserve currency, which long story short, gives
- 44:26Speaker 3: us a ton of power and influence. And on the
- 44:28Speaker 3: corruption part, I mean, I had this really smart reporter
- 44:30Speaker 3: on named Zeke Fox on the February 26th episode of
- 44:33Speaker 3: Pod Save the World. And I called him today, just
- 44:35Speaker 3: like check back in on this. There's this guy named
- 44:37Speaker 3: Justin Sun, who is a, you heard of him? Yeah.
- 44:41Speaker 3: Chinese crypto entrepreneur. Yeah. He bought $ 75 million worth of
- 44:45Speaker 3: Trump's World Liberty financial tokens. This is a certain crypto
- 44:49Speaker 3: asset where the Trump family gets 75% of the profits
- 44:53Speaker 3: from that coin. So right off the top, he just
- 44:56Speaker 3: gets a rip of 75%. The SEC just paused its
- 45:00Speaker 3: case against Justin Sun. They're investigating him for basically fraud.
- 45:04Speaker 1: Yeah. They must have just woken up one day and
- 45:06Speaker 1: decided they didn't have a case.
- 45:08Speaker 2: If you go to the World Liberty website, it's just
- 45:10Speaker 2: Donald Trump on the front. He is called their chief
- 45:13Speaker 2: crypto advocate. His sons are ambassadors in other fake roles.
- 45:17Speaker 2: By the way, the SEC also paused a lawsuit against Binance.
- 45:20Speaker 2: It stopped an enforcement action against Coinbase. They are stopping
- 45:24Speaker 2: the SEC's crackdown that was led by Gary Gensler under
- 45:28Speaker 2: the Biden administration. So basically they are removing any brakes.
- 45:32Speaker 2: They're removing any guardrails, any transparency. They're going to make this,
- 45:36Speaker 2: make it basically impossible to detect fraud, to detect corruption.
- 45:40Speaker 2: Like that is the plan.
- 45:41Speaker 1: That is the plan. Just, you know, they're just bringing
- 45:44Speaker 1: more efficiency to government.
- 45:45Speaker 3: Oh, did you see Eric Trump tweeted by the dip
- 45:47Speaker 3: on Tuesday?
- 45:47Speaker 5: Yeah.
- 45:48Speaker 3: And then this announcement happened Sunday.
- 45:49Speaker 1: Hmm.
- 45:49Speaker 3: I wonder if he was in a position to know
- 45:51Speaker 3: something about the Bitcoin price.
- 45:53Speaker 1: Can we talk about Doge?
- 45:55Speaker 3: Please. I'd love to hear about Doge.
- 45:56Speaker 1: They are, they're not batting a thousand these days. The
- 46:00Speaker 1: Times has a truly humiliating story about Doge taking credit
- 46:03Speaker 1: for saving $ 53 million, supposedly, by ending a Coast Guard
- 46:07Speaker 1: contract that lapsed 20 years ago and was only ever
- 46:10Speaker 1: worth $ 144, 000. Yeah, cry me a river. Tons of examples
- 46:17Speaker 1: like that. Justin Timberlake song for that era.
- 46:24Speaker 3: Go on.
- 46:25Speaker 1: There's a lot of examples like that. They're just all
- 46:27Speaker 1: over the place. They're... Some of them, they're correcting their mistakes,
- 46:30Speaker 1: but they keep mistaking millions for billions. They're saying billions
- 46:33Speaker 1: when they're actually cutting millions. It's a mess.
- 46:35Speaker 3: Yeah, they claim to have saved $ 8 billion on like
- 46:36Speaker 3: a DEI program for ICE, when in fact it was
- 46:39Speaker 3: an $ 8 million program.
- 46:40Speaker 1: Yes, so this is what's happening there. We also got
- 46:42Speaker 1: word that Trump fired one of the last remaining career
- 46:45Speaker 1: officials at USAID, Nicholas Enric, who just wrote a series
- 46:49Speaker 1: of memos to sound the alarm that despite Marco Rubio's
- 46:52Speaker 1: promise to unfreeze all life-saving humanitarian assistance... The agency was, quote,
- 46:58Speaker 1: never actually given the opportunity to implement life-saving humanitarian assistance,
- 47:03Speaker 1: thanks to Doge canceling contracts, blocking payment systems, and just
- 47:07Speaker 1: putting a bunch of obstacles in the way of getting
- 47:09Speaker 1: the money out the door. Enrich projected another 166,000 deaths
- 47:15Speaker 1: per year from malaria. Another 200,000 children per year paralyzed
- 47:20Speaker 1: with polio. More than 28,000 new cases of deadly diseases
- 47:24Speaker 1: like Ebola and Marburg each year. And another million children
- 47:28Speaker 1: per year who won't be treated for severe acute malnutrition,
- 47:32Speaker 1: which often kills them. So on this last point, I
- 47:37Speaker 1: saw the CNN story over the weekend about this company
- 47:41Speaker 1: in Georgia. What they do is they make this peanut paste.
- 47:44Speaker 1: And they give this peanut paste full of vitamins and nutrients.
- 47:48Speaker 1: And they basically give this little packet to a child
- 47:51Speaker 1: who's suffering from severe acute malnutrition. And they can survive.
- 47:55Speaker 1: It's this like miracle thing. USAID has been handing it
- 47:57Speaker 1: out for years and years and years. The company that
- 48:01Speaker 1: produces this had like enough peanut paste for 400,000 kids
- 48:06Speaker 1: to save 400,000 kids ready to go right on it.
- 48:10Speaker 1: They said like from the American people, USAID, all in
- 48:14Speaker 1: these packets, ready to go. The United States government had
- 48:17Speaker 1: already purchased them. $ 10 million. We already paid for this
- 48:20Speaker 1: and was informed by Doge that that the contract was canceled.
- 48:24Speaker 1: And the guy's like, I have all this peanut paste
- 48:25Speaker 1: now that's just going to go to waste. I can't
- 48:28Speaker 1: send it anywhere because it's got USAID all over it.
- 48:30Speaker 1: They told me not to do it. And that's it.
- 48:32Speaker 1: So now all these kids aren't going to get the
- 48:34Speaker 1: life-saving nutrition. So I see this thing. I get really annoyed.
- 48:37Speaker 1: I tweet about it. And I was like, I tweet
- 48:40Speaker 1: about Elon doing this with not even saving us money,
- 48:43Speaker 1: just like not sending this stuff out. We already paid
- 48:45Speaker 1: for it. And it's Saturday night. It's Saturday night.
- 48:47Speaker 5: Yeah.
- 48:48Speaker 1: It was right before I saw you on Saturday night.
- 48:52Speaker 1: And I was on the way. I tweeted and then
- 48:53Speaker 1: I got home and I'm in bed and I was like, oh, oh,
- 48:56Speaker 1: he responded.
- 48:57Speaker 3: My phone wasn't blowing up that night. I was home alone.
- 48:59Speaker 1: You were home alone. You were home alone. And so
- 49:02Speaker 1: Elon responded and he called me dollar store John Favreau
- 49:07Speaker 1: and said, I'm an imbecilic propagandist who lies to score
- 49:10Speaker 1: cheap political points. And then he said, That said, I
- 49:14Speaker 1: will investigate this.
- 49:17Speaker 3: So he's got you dead to rights. But he's not
- 49:19Speaker 3: going to do it anyway.
- 49:20Speaker 2: He's still figuring out the comment card thing.
- 49:23Speaker 1: And we'll fix it if so. And so then the
- 49:26Speaker 1: next morning, so I decide, you know, it's late at night,
- 49:29Speaker 1: had a few drinks. I'm not going to reply now.
- 49:31Speaker 1: So I just went to bed. That was smart, right?
- 49:33Speaker 1: Woke up in the morning, he has replied again. And
- 49:35Speaker 1: he was like, the contract has been reinstated. It was
- 49:38Speaker 1: already reinstated last week. They should get the payment soon.
- 49:42Speaker 1: And then he lists the company. I'm like, what company
- 49:45Speaker 1: is that? It's another peanut paste company in Rhode Island
- 49:48Speaker 1: that he had also canceled the contract to. And so
- 49:50Speaker 1: I wrote back to him like, actually, that's great. But
- 49:52Speaker 1: the company was in Georgia. It was at CNN. It
- 49:54Speaker 1: was this company. And then later Sunday night, MJ Lee
- 49:59Speaker 1: at CNN, who broke the original story about the Georgia company,
- 50:02Speaker 1: was like, I just got a call from the guy
- 50:03Speaker 1: in the Georgia company. And he said, it was the
- 50:06Speaker 1: contract was reinstated just minutes ago. So then, so this morning,
- 50:13Speaker 1: Elon was like, he replies to me again, and he
- 50:17Speaker 1: was like, so just so you know, it wasn't because
- 50:19Speaker 1: of the legacy media or Kmart favs. He got upgraded.
- 50:24Speaker 1: He upgraded me.
- 50:25Speaker 3: Is Kmart better than Dollar Store?
- 50:26Speaker 1: Yeah, well, I had said that I would at least
- 50:28Speaker 1: want to be Target Jon Favreau in my reply to
- 50:30Speaker 1: him because I thought I would, you know.
- 50:31Speaker 2: So now it's like a will there or won't there
- 50:32Speaker 2: thing with these things.
- 50:33Speaker 1: I was trying to be constructive.
- 50:34Speaker 2: Sounds basically vaguely for tape.
- 50:35Speaker 3: How do you tweet this much from a K-hole?
- 50:37Speaker 1: Yeah, exactly. And he was like, it wasn't that. It
- 50:41Speaker 1: was just, we just needed a brief pause and no
- 50:44Speaker 1: one has died yet. And what I said in the
- 50:46Speaker 1: oval about Ebola protection was right. that it is turned
- 50:49Speaker 1: back on and it just takes a while for the
- 50:51Speaker 1: money to go through all the systems and blah, blah, blah. Meanwhile,
- 50:54Speaker 1: as he's tweeting this, I'm looking at this guy from
- 50:56Speaker 1: USAID who just left and writing a memo like, no,
- 50:59Speaker 1: Rubio gave all these waivers to the life-saving assistants and
- 51:02Speaker 1: none of them could be implemented.
- 51:04Speaker 2: Yeah, the no one has died is not the defense.
- 51:09Speaker 2: If you're out there being like, I want to reassure everyone,
- 51:12Speaker 2: no one has yet died.
- 51:13Speaker 3: As far as I know.
- 51:14Speaker 2: As far as I know. You know, like, first of all, great,
- 51:17Speaker 2: first of all, great posting, by the way. Great posting.
- 51:20Speaker 1: My New Year's resolution really coming in handy.
- 51:22Speaker 2: Remember when you and I were like, when he said
- 51:24Speaker 2: his resolution was to post more and we like scoffed
- 51:26Speaker 2: because like, why? What's the point? Paid for itself.
- 51:29Speaker 3: I mean, good for you. Also, I've been pivoting to
- 51:31Speaker 3: TikTok because I'm just trying to reach people where they're at.
- 51:34Speaker 2: I'm doing a late, mid-40s TikTok. And honestly, don't let
- 51:39Speaker 2: anyone tell you it's not going great.
- 51:40Speaker 3: It's going good.
- 51:41Speaker 1: It's going good. 43 is the year of vertical video.
- 51:44Speaker 1: I know, I know. I was trying to be nice.
- 51:49Speaker 2: Wow. I thought we were in the same generation. We
- 51:55Speaker 2: go back to Elon in the cabinet meeting where he
- 51:58Speaker 2: spoke to the cabinet before anyone else got a chance
- 52:01Speaker 2: to speak. And he said, you know, I'm really support.
- 52:04Speaker 2: I'm here to support you. But the reason we're doing
- 52:07Speaker 2: this is because we're in an emergency and we have
- 52:10Speaker 2: to cut. If we want to hit my goal of 1.x
- 52:13Speaker 2: trillion dollars of cuts, we've got to cut $ 4 billion
- 52:16Speaker 2: a day. That's the only way to do it. You
- 52:17Speaker 2: got to cut $ 4 billion a day. All of this
- 52:21Speaker 2: is just exposing how that is stupid at every level.
- 52:25Speaker 2: First of all, Actually, you don't have to cut $ 4
- 52:28Speaker 2: billion a day. You don't have to scramble through the
- 52:31Speaker 2: agencies finding little bits to cut every day. If you
- 52:34Speaker 2: have a goal for a giant budget cut you want
- 52:36Speaker 2: to make, you can propose it through Congress and you
- 52:38Speaker 2: can do it. And by the way, go even one
- 52:41Speaker 2: step further. Let's say you don't want to do it
- 52:42Speaker 2: that way. You just said you have all these cabinet secretaries.
- 52:46Speaker 2: Go to the cabinet secretaries and say, I need this.
- 52:48Speaker 2: I need a proposal for this many cuts by this date.
- 52:50Speaker 2: And I know it's going to be hard. and I'm
- 52:51Speaker 2: going to be driving you guys every day, and I'm
- 52:53Speaker 2: going to be meeting with you, but you tell me
- 52:54Speaker 2: what we can cut. But no, one fucking adult tech
- 52:57Speaker 2: bro cannot oversee these cuts across every layer of our government.
- 53:02Speaker 2: It's going to lead to kids fucking dying.
- 53:05Speaker 1: Well, I had a friend ask me, reading about all this,
- 53:09Speaker 1: and he was like, well, but isn't it possible that
- 53:12Speaker 1: there is a lot of waste that we can get
- 53:14Speaker 1: rid of there, and that we also want to send
- 53:16Speaker 1: out life-saving assistance? Isn't both right? And I'm like, if
- 53:20Speaker 1: they wanted to do that, They could have audited USAID.
- 53:24Speaker 1: They could have used the authority that they have to
- 53:27Speaker 1: trim where they could. And they could have then sent
- 53:29Speaker 1: Congress a list, which they control, a list of cuts,
- 53:33Speaker 1: a list of layoffs that they wanted to do. They
- 53:35Speaker 1: could have done all that if the whole thing was
- 53:37Speaker 1: about efficiency. I mean, Pete Hegseth, remember, when he got
- 53:40Speaker 1: to the Defense Department, was like, I want to cut
- 53:43Speaker 1: the workforce by 8% at the department. So send me
- 53:45Speaker 1: ideas for this by whatever. I'm not saying that Pete's
- 53:48Speaker 1: exit is strategic. I was like, well, if you want
- 53:54Speaker 1: to cut your agency, that's one way to do it.
- 53:56Speaker 1: Just like put out a goal. What they have done,
- 53:58Speaker 1: this is not what they were doing at USAID.
- 54:00Speaker 3: Just, would you say 200,000 more kids getting polio? Yeah.
- 54:03Speaker 3: I mean, look, we eradicated smallpox off the face of
- 54:07Speaker 3: the earth. Like the next goal was to eradicate polio.
- 54:11Speaker 3: And I think it was only found in Afghanistan and Pakistan.
- 54:14Speaker 3: The fact that it's now going to resurge because of
- 54:15Speaker 3: these cuts, like Jesus Christ, what a, what a hit
- 54:18Speaker 3: to humanity. On the USAID money generally, I do think
- 54:20Speaker 3: like people are going to die. There are going to
- 54:22Speaker 3: be refugee camps in Sudan where they're going to run
- 54:25Speaker 3: out of food. Babies are going to die. There's going
- 54:27Speaker 3: to be people we've been giving AIDS medicines under the
- 54:29Speaker 3: PEPFAR program that'll be gone in months. Now there's going
- 54:32Speaker 3: to be, I personally think that that is cruel and
- 54:34Speaker 3: morally wrong and damaging to our standing in the world
- 54:37Speaker 3: in the longterm as a nation. But let's say your
- 54:39Speaker 3: view on this is the United States can't feed every
- 54:42Speaker 3: starving person anywhere, everywhere, and we can't be the world's policemen.
- 54:46Speaker 3: Then you say to them, okay, what about programs that
- 54:48Speaker 3: help people that we actively harmed as a nation? Early
- 54:51Speaker 3: on in this process, we talked about the freeze on
- 54:55Speaker 3: foreign aid, stopping programs that clean up unexploded bombs that
- 54:59Speaker 3: the United States dropped on Vietnam and Laos and Cambodia.
- 55:03Speaker 3: If we don't clean those up, little kids pick them up,
- 55:05Speaker 3: their arms get blown off, they get killed, they're going
- 55:08Speaker 3: to die. The New York Times recently had a story
- 55:10Speaker 3: about a doge cut that cut off funding to a
- 55:13Speaker 3: program that provides, like, the most meager amount of support
- 55:17Speaker 3: to people who are severely disabled because of Agent Orange.
- 55:20Speaker 3: Because the United States dropped Agent Orange on their villages
- 55:24Speaker 3: during the Vietnam War, and then people who lived there
- 55:26Speaker 3: had kids who had these severe disabilities. Now we're cutting
- 55:29Speaker 3: off loans to these people? Like, that's the reality of
- 55:32Speaker 3: what's happening.
- 55:32Speaker 1: It's like, you know what? We are the richest country
- 55:36Speaker 1: on Earth in the history of the Earth. And we
- 55:39Speaker 1: are not... Elon Musk is worth 400 billion dollars, okay?
- 55:45Speaker 1: This is not like, hey, middle class family in Ohio,
- 55:48Speaker 1: we're gonna, we gotta raise your taxes to help feed
- 55:52Speaker 1: starving people in some other country. Like, we have billionaires
- 55:56Speaker 1: running all over this country and we're talking about 25
- 55:58Speaker 1: cent fucking peanut packets and malaria nets and HIV medication
- 56:03Speaker 1: which is now pretty cheap now that we've had it for, like,
- 56:05Speaker 1: what are we talking about right now we can't fucking
- 56:07Speaker 1: afford this?
- 56:07Speaker 2: And by the way, the end result of this is
- 56:10Speaker 2: not reducing the deficit by whatever trillion dollar goal Elon
- 56:14Speaker 2: has set. They want to take that money, they want
- 56:17Speaker 2: to put $ 100 billion of it into a crypto reserve,
- 56:19Speaker 2: and they want to take the rest and they want
- 56:20Speaker 2: to divvy it out to Elon Musk and all these
- 56:23Speaker 2: people through a gigantic tax cut for the rich. And
- 56:25Speaker 2: by the way, all the cuts Elon is making would never,
- 56:28Speaker 2: even if he were to hit his goals, which he
- 56:29Speaker 2: can't because he's doing this in such a chaotic and
- 56:31Speaker 2: terrible way, even if he did, it would be obliterated
- 56:35Speaker 2: by the cost of the tax cuts, which is why
- 56:36Speaker 2: they have to go even further and look to cut
- 56:38Speaker 2: Medicaid or look to cut Social Security, or whatever they're
- 56:41Speaker 2: going to do to try to pay for these giant
- 56:42Speaker 2: tax cuts. So none of this results in any kind
- 56:45Speaker 2: of tangible benefit for actual American citizens, right? And by
- 56:48Speaker 2: the way, none of this was part of like, this
- 56:51Speaker 2: was not the core of their campaign. They campaigned to
- 56:53Speaker 2: lower the cost of goods. We are getting a dismantling
- 56:56Speaker 2: of the federal government.
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- 58:29Speaker 1: That's squarespace.com slash crooked. Trump said late Monday, which is
- 58:37Speaker 1: when we're recording this, that a 25% tariff on all
- 58:40Speaker 1: Mexican and Canadian goods and an additional 10% tariff on
- 58:43Speaker 1: all Chinese goods will go into effect on Tuesday. He
- 58:47Speaker 1: backed off these tariffs at the last minute once before,
- 58:49Speaker 1: so who knows if he'll do it again. Who knows
- 58:51Speaker 1: why he changed his mind. But either way, stock market
- 58:54Speaker 1: had the worst day of the year on Monday, and
- 58:57Speaker 1: a lot of shit is about to get very expensive. Unless,
- 59:00Speaker 1: of course, you're listening to this Tuesday morning and he
- 59:01Speaker 1: backed off last minute again.
- 59:02Speaker 3: Right.
- 59:03Speaker 1: According to Bloomberg, for example, car prices alone would increase
- 59:06Speaker 1: by $ 12, 000 if the tariffs go through at the levels.
- 59:10Speaker 1: Trump is promising. This comes as the Federal Reserve Bank
- 59:13Speaker 1: of Atlanta's estimate now predicts the economy to shrink by 2.8%
- 59:17Speaker 1: this quarter. And a wave of new polling from CBS, Marist,
- 59:23Speaker 1: CNN shows that people think that Trump is not doing
- 59:27Speaker 1: enough to focus on the economy and inflation. his approval
- 59:30Speaker 1: rating keeps dropping, but the weakest spot is economy and inflation,
- 59:34Speaker 1: which is ironic because those used to be his strongest issues.
- 59:36Speaker 1: It sure seems like a lot of flashing red lights
- 59:38Speaker 1: for the Trump administration that they're just ignoring. Do you
- 59:41Speaker 1: think they don't know, don't care? Do you think they
- 59:43Speaker 1: think it's just temporary?
- 59:45Speaker 3: I mean, this is what they want to do. That's
- 59:46Speaker 3: just theory of the case. This is economic vision is
- 59:48Speaker 3: you throw up all these tariffs and somehow that will
- 59:50Speaker 3: ultimately rebuild domestic manufacturing or our ability to produce goods.
- 59:54Speaker 3: But it just feels very unlikely. And we're going to
- 59:57Speaker 3: put in place these tariffs on Canada and Mexico, and
- 1:00:00Speaker 3: they're going to retaliate. The Canadians have talked about 25%
- 1:00:03Speaker 3: tariffs on $ 30 billion worth of goods of US products,
- 1:00:07Speaker 3: and then that might expand to $ 85 billion more. And
- 1:00:10Speaker 3: they're talking about ag products, consumer goods, liquor. I think
- 1:00:13Speaker 3: they're targeting Republican districts, so like bourbon, appliances. And Mexico
- 1:00:19Speaker 3: has not been public about their retaliations, but they're preparing
- 1:00:22Speaker 3: them So you made the point like the auto sectors
- 1:00:24Speaker 3: are so entwined between the US and Canada and Mexico,
- 1:00:27Speaker 3: and I don't know how that's going to work. Mexico
- 1:00:29Speaker 3: and Canada account for 70% of US crude oil imports.
- 1:00:32Speaker 3: So gas prices could go up. And also we're talking
- 1:00:35Speaker 3: about trade agreements that like Jared Kushner negotiated. The USMCA
- 1:00:42Speaker 3: was the updated NAFTA that Trump, like it was one
- 1:00:44Speaker 3: of the things Trump talked about as a primary accomplishment
- 1:00:47Speaker 3: in the first term.
- 1:00:47Speaker 5: Yeah.
- 1:00:48Speaker 2: And there was a, when he was first talking about
- 1:00:49Speaker 2: the tariffs a couple of weeks ago, he goes, He said,
- 1:00:51Speaker 2: I look at these deals and I'm like, who negotiated
- 1:00:52Speaker 2: these deals? You did. These are your deals. These are
- 1:00:55Speaker 2: your deals.
- 1:00:55Speaker 1: He wants to squeeze our allies. He wants to squeeze
- 1:00:57Speaker 1: them and get a better deal out of them and
- 1:01:00Speaker 1: just keep squeezing them and squeezing them until they become
- 1:01:02Speaker 1: the 51st, 52nd, 53rd, 54th state. I really think that
- 1:01:06Speaker 1: this is part of it.
- 1:01:07Speaker 2: I'm sure that's right.
- 1:01:08Speaker 1: He wants an economic war against Canada to just beat
- 1:01:13Speaker 1: them into submission. And he's stupid because, like you said,
- 1:01:15Speaker 1: it's going to hurt us.
- 1:01:17Speaker 3: Well, so far it's backfiring. I mean, his... ostensible political
- 1:01:21Speaker 3: allies or the conservative parties up there, this guy, Pierre Polyev,
- 1:01:24Speaker 3: and he still might be the next Canadian prime minister.
- 1:01:28Speaker 3: But Justin Trudeau's polling was like rock bottom. He stepped back.
- 1:01:31Speaker 3: They did this thing where they, it's called proroguing parliament,
- 1:01:34Speaker 3: where basically the liberal party is now going to figure
- 1:01:36Speaker 3: out its new leader. And that person will then become
- 1:01:39Speaker 3: the prime minister when they go back into session in
- 1:01:41Speaker 3: like a couple of weeks. And the liberal party's polling
- 1:01:43Speaker 3: numbers because of Trump's attacks have gone way back up.
- 1:01:47Speaker 1: Yeah.
- 1:01:47Speaker 3: Like there, he is rallying support and you're seeing Canadians
- 1:01:50Speaker 3: booing the national anthem and all this sort of Canadian nationalism.
- 1:01:54Speaker 3: And it's just, it's not working.
- 1:01:56Speaker 1: He might, he might be, you know, Trump might lead
- 1:01:58Speaker 1: to a resurgence of the center left all over the world, except,
- 1:02:00Speaker 1: except here, I guess.
- 1:02:01Speaker 3: That'd be cool.
- 1:02:02Speaker 5: Yeah.
- 1:02:02Speaker 2: Well, here we've already been sort of beaten to a
- 1:02:04Speaker 2: bloody pulp. But the, the, yeah, like the, I was
- 1:02:07Speaker 2: thinking about just sort of Trump as this negotiator, right?
- 1:02:09Speaker 2: And like, it's kind of an old thought at this
- 1:02:11Speaker 2: point that, uh, He'd be richer today if he had
- 1:02:14Speaker 2: just taken his inheritance and put it in the S
- 1:02:16Speaker 2: & P, right? Because he's just not a very good businessman.
- 1:02:18Speaker 2: And you kind of see in how he is president
- 1:02:20Speaker 2: why he was such a bad businessman, which is he
- 1:02:22Speaker 2: can't think long term. He can't think strategically. It's very
- 1:02:26Speaker 2: short term. You look at tariffs and you say, all right,
- 1:02:30Speaker 2: your goal was to build up domestic manufacturing. And you
- 1:02:33Speaker 2: want tariffs to be one lever in doing that, right? Well,
- 1:02:37Speaker 2: some of the things you're tariffing, right? It would take
- 1:02:39Speaker 2: a decade to build tariffs. a steel plant, right? Take
- 1:02:41Speaker 2: a decade to improve our capacity in whatever it might be,
- 1:02:45Speaker 2: refining oil, whatever. Like putting on the tariff doesn't result
- 1:02:49Speaker 2: in that at all. We're actually completely dependent on Canada
- 1:02:53Speaker 2: and Mexico for a lot of parts, a lot of supplies,
- 1:02:55Speaker 2: a lot of materials, right? And so like all of
- 1:02:58Speaker 2: this is so, it's just not, it's a strategic, it's
- 1:03:01Speaker 2: just a guy who had an idea about what makes
- 1:03:03Speaker 2: an economy. You put on the tariffs, the manufacturing comes back.
- 1:03:06Speaker 2: And maybe there's some deep, some like very raw sense
- 1:03:09Speaker 2: in which that's, on some level, true. But in the meantime,
- 1:03:12Speaker 2: there's just a decade of pain, of economic stagnation. And
- 1:03:17Speaker 2: then the question is, if that does come, right? Like,
- 1:03:20Speaker 2: you know, we're going to talk about the Democrats, and
- 1:03:21Speaker 2: I believe that's how you pronounce it. But like, what
- 1:03:26Speaker 2: happens when we move from things could get really bad
- 1:03:29Speaker 2: to things are really bad? And right, like, how does
- 1:03:31Speaker 2: that change Trump? And then how does that change how
- 1:03:33Speaker 2: the American people feel about our response?
- 1:03:36Speaker 1: Well, Democrats are continuing to workshop their Response strategy in public,
- 1:03:42Speaker 1: as we like to do.
- 1:03:42Speaker 5: Great.
- 1:03:43Speaker 1: One spicy take on this came last week from the
- 1:03:45Speaker 1: raging Cajun himself, James Carville, who wrote in a New
- 1:03:48Speaker 1: York Times op-ed, quote, With no clear leader to voice
- 1:03:51Speaker 1: our opposition and no control in any branch of government,
- 1:03:54Speaker 1: it's time for Democrats to embark on the most daring
- 1:03:56Speaker 1: political maneuver in the history of our party. Roll over
- 1:04:00Speaker 1: and play dead. Allow the Republicans to crumble beneath their
- 1:04:03Speaker 1: own weight and make the American people miss us. Unsurprisingly,
- 1:04:07Speaker 1: actual elected Democrats have thoughts on this. Here's Bernie Sanders
- 1:04:10Speaker 1: on Meet the Press this Sunday.
- 1:04:12Speaker 5: The problem is the Democrats have been playing dead for
- 1:04:14Speaker 5: too many years. I don't think you play dead. I
- 1:04:17Speaker 5: think you stand up for the working class in this
- 1:04:19Speaker 5: country and make the point. Thirteen of the people that
- 1:04:23Speaker 5: he nominated to head agencies are billionaires. Their greed is uncontrollable.
- 1:04:28Speaker 5: We've got to fight back. That's what these trips to
- 1:04:31Speaker 5: Wisconsin and Michigan will be about.
- 1:04:33Speaker 1: Just... Right down the middle for Bernie.
- 1:04:36Speaker 3: Yeah.
- 1:04:37Speaker 2: She's sort of like, oh, what a question. Should Democrats
- 1:04:41Speaker 2: fight or give up? Bernie, what do you think?
- 1:04:46Speaker 1: What do you guys think about Carville's prescription?
- 1:04:48Speaker 2: So first of all, so when I was reading it,
- 1:04:52Speaker 2: I sort of like asked myself a question before I
- 1:04:54Speaker 2: got to the answer. And the question was, does a
- 1:04:57Speaker 2: strategic retreat mean we uh, help them fund the government
- 1:05:02Speaker 2: or to strategic retreat mean we don't help them fund
- 1:05:04Speaker 2: the government.
- 1:05:05Speaker 5: Right.
- 1:05:05Speaker 2: And like, so, and then you kind of get to it.
- 1:05:07Speaker 2: He says like, actually we should hang back for a while.
- 1:05:10Speaker 2: It's not totally clear, but like kind of come in
- 1:05:11Speaker 2: at the last minute when they've already shown themselves to
- 1:05:14Speaker 2: be terrible and failures and chaotic, and then come into
- 1:05:17Speaker 2: the last second and say what we stand for and
- 1:05:18Speaker 2: help reopen the government, for example. And it sort of
- 1:05:21Speaker 2: gets at, I think the problem here, which is I
- 1:05:22Speaker 2: think when you talk about like, should the Democrats fight
- 1:05:24Speaker 2: or should they retreat in an abstraction? Like, I don't
- 1:05:26Speaker 2: really know how you like act on this, right? Like
- 1:05:29Speaker 2: he's doing terrible things. Should Chris Murphy not go to
- 1:05:31Speaker 2: the floor and talk about them? Yeah. Like we should
- 1:05:34Speaker 2: be like, like, I have no, I have no comment
- 1:05:36Speaker 2: on the dismantling of NATO. Like, that's just not how
- 1:05:39Speaker 2: it works.
- 1:05:39Speaker 3: So I don't tape your mouth.
- 1:05:40Speaker 1: And I don't think that's what James meant.
- 1:05:42Speaker 2: No, of course not. And so like, what I took
- 1:05:43Speaker 2: it to mean is like kind of sensationalistic way of
- 1:05:46Speaker 2: saying Democrats have to be strategic, but like all in
- 1:05:49Speaker 2: all where I land after reading it, it's like, I don't,
- 1:05:51Speaker 2: I don't know what we get by hanging back. It's
- 1:05:53Speaker 2: not like we get credits later when we speak more forcefully.
- 1:05:56Speaker 2: for the times we were quiet earlier on.
- 1:05:58Speaker 3: Yeah, I just think Trump is the most relentless messenger
- 1:06:00Speaker 3: in the history of politics. And I think we can't
- 1:06:03Speaker 3: let him talk in a vacuum or else he's going
- 1:06:06Speaker 3: to pin every failure on Democrats and some not insignificant
- 1:06:10Speaker 3: part of the electorate will think that egg prices are
- 1:06:12Speaker 3: high because of Gaza protesters at Barnard. You know what
- 1:06:15Speaker 3: I mean?
- 1:06:15Speaker 1: And that's not true.
- 1:06:17Speaker 3: As far as I know, that is not true.
- 1:06:18Speaker 2: It's the Jews. Still just the Jews.
- 1:06:22Speaker 1: I think you're right, Lovett.
- 1:06:22Speaker 3: Like, it's... smarter to talk about these fights around a
- 1:06:26Speaker 3: specific thing like the budget. But I do think we
- 1:06:29Speaker 3: have an opportunity there to drive a message that's really strong,
- 1:06:32Speaker 3: which is that Donald Trump is allowing this unelected, unwell
- 1:06:36Speaker 3: billionaire to break the US government so that you could
- 1:06:38Speaker 3: pretend it's going to save enough money to pay for
- 1:06:40Speaker 3: a $ 5 trillion tax cut for the richest people in
- 1:06:43Speaker 3: the country. And I think that's a good story. We
- 1:06:45Speaker 3: have a good villain in Elon Musk. But we're not
- 1:06:49Speaker 3: going to win this fight with like op-eds and you know,
- 1:06:51Speaker 3: MSNBC hits. It's going to be a volume game on
- 1:06:54Speaker 3: social media platforms and local press.
- 1:06:57Speaker 2: But I do think like part of this has been
- 1:06:59Speaker 2: seeing us on Chris Hayes lately, I guess. And the
- 1:07:01Speaker 2: points we're making there. I do think we have to
- 1:07:03Speaker 2: have like, we have to have a motivation. We have
- 1:07:06Speaker 2: to have a story with an enemy and we have
- 1:07:07Speaker 2: to have an alternative. Yes.
- 1:07:09Speaker 3: You know what I mean? Let's get to that.
- 1:07:12Speaker 1: There is a long tradition in politics, and I think
- 1:07:15Speaker 1: this is both parties do this, which is like when,
- 1:07:18Speaker 1: you know, your opposition is fucking up, you just stand
- 1:07:20Speaker 1: back And if you put out an alternative, then the opposition,
- 1:07:25Speaker 1: you know, then the other party is just going to
- 1:07:26Speaker 1: start taking shots at your alternative. And then people aren't
- 1:07:28Speaker 1: going to like your alternative and blah, blah, blah. And
- 1:07:29Speaker 1: why don't you just stand back? And I get the
- 1:07:33Speaker 1: reasoning behind that. But I also think that we are
- 1:07:35Speaker 1: at a moment now where people are so cynical about politics, tired,
- 1:07:42Speaker 1: beat down and unimpressed with the Democratic Party to say
- 1:07:46Speaker 1: it nicely. Like we have the party has one of
- 1:07:47Speaker 1: the worst approval ratings it's had ever. And I think
- 1:07:51Speaker 1: it is incumbent upon Democrats right now more than ever
- 1:07:54Speaker 1: to like offer a vision, offer an alternative, say what
- 1:07:58Speaker 1: we would do differently. I don't think we need to like,
- 1:08:00Speaker 1: you know, have a blizzard of policy plans out there
- 1:08:03Speaker 1: at all. But I think we need to, as we
- 1:08:05Speaker 1: critique Trump, like lay out how we would govern differently,
- 1:08:09Speaker 1: how we treat people differently, what our vision of the
- 1:08:11Speaker 1: country looks like, what our vision of the world looks like. Like,
- 1:08:13Speaker 1: I don't know. I mean, look, we've tried. Well, we're
- 1:08:17Speaker 1: not Trump and we're not MAGA. a couple of times now.
- 1:08:20Speaker 1: It didn't work in 2016. It barely worked in 2020.
- 1:08:23Speaker 1: It didn't work in 2024. It might work in 2026
- 1:08:26Speaker 1: because it's a midterm electorate. But like, we got to
- 1:08:28Speaker 1: think about 2028 here. And we also got to think
- 1:08:30Speaker 1: about just expanding the map in general, because we're never
- 1:08:34Speaker 1: going to win this, like going the way we are.
- 1:08:36Speaker 1: We're not going to control the Senate with the states
- 1:08:38Speaker 1: we have. The electoral college could shift and we're going
- 1:08:40Speaker 1: to need to like pick up more states. And like,
- 1:08:42Speaker 1: we're just going to have to compete in tough places,
- 1:08:44Speaker 1: which means you're going to have to give people an alternative. Yeah.
- 1:08:46Speaker 2: I mean, Trump, like, Before the election, Trump went to
- 1:08:49Speaker 2: New York and said, I'm going to win New York.
- 1:08:50Speaker 2: And obviously that was ridiculous. But you had a Republican
- 1:08:55Speaker 2: politician saying, I can foresee a day where we win
- 1:08:57Speaker 2: in this state.
- 1:08:58Speaker 5: Right.
- 1:08:58Speaker 2: And like, it's fascinating. similar, honestly, to like the kind
- 1:09:01Speaker 2: of managed decline globally. It's like there's sort of like
- 1:09:03Speaker 2: a managed decline to the Democratic brand. Like, oh, we
- 1:09:05Speaker 2: just we'll we can't win a state like Wyoming. We
- 1:09:07Speaker 2: can't win in a state like Nebraska, even though in
- 1:09:09Speaker 2: those states, minimum wage bills, union bills, marijuana bills, abortion bills,
- 1:09:15Speaker 2: they pass.
- 1:09:15Speaker 5: Right.
- 1:09:16Speaker 2: And so that tells you that there's this big delta
- 1:09:18Speaker 2: between what people actually want in their lives and the
- 1:09:20Speaker 2: Democratic brand. And we won't make that brand better. We
- 1:09:23Speaker 2: won't fix it by being silent. Now, what I do
- 1:09:26Speaker 2: think is also true is we won't fix it by
- 1:09:28Speaker 2: just being kind of like whiners on the sidelines. And
- 1:09:31Speaker 2: I think that's the point he makes that did resonate
- 1:09:33Speaker 2: with me, which is like Democrats are powerless.
- 1:09:36Speaker 1: It sucks.
- 1:09:37Speaker 2: We're telling the truth about Trump. He's fucking terrible. But
- 1:09:39Speaker 2: we've been saying it for years. And by the way,
- 1:09:42Speaker 2: the part of the problem is we were warning for
- 1:09:44Speaker 2: years about how bad it could get It is now
- 1:09:46Speaker 2: as bad as it could get, and it's no longer
- 1:09:48Speaker 2: a warning, but it sounds like what people have heard before.
- 1:09:50Speaker 2: That is not our fault. That is a collective problem
- 1:09:53Speaker 2: with our democracy, a weakness Donald Trump exposes. But it
- 1:09:56Speaker 2: is the reality of like, and which is why I
- 1:09:57Speaker 2: think where you get to is like, we just need
- 1:09:59Speaker 2: to offer an alternative. We need to offer something that
- 1:10:01Speaker 2: isn't about Trump. And like, I am even open to
- 1:10:04Speaker 2: some of the more kind of like kooky ideas of like, of,
- 1:10:07Speaker 2: of people saying this is what our cabinet would be
- 1:10:08Speaker 2: doing right now, right? Like I'm like open to- You.
- 1:10:10Speaker 3: Want a shadow cabinet?
- 1:10:11Speaker 2: I'm not against it.
- 1:10:12Speaker 3: Look at you, you're all British.
- 1:10:12Speaker 1: I'm not against it.
- 1:10:13Speaker 2: I'm not against a shadow cabinet.
- 1:10:14Speaker 3: Join the labor party, start spelling it with an O-U.
- 1:10:16Speaker 2: I'm up for Trump. Yeah, sure, sure, sure.
- 1:10:20Speaker 1: I do think like it is, I agree that we
- 1:10:22Speaker 1: shouldn't over-promise and pick fights that give people the impression
- 1:10:26Speaker 1: that we have power we don't have, right? Because that
- 1:10:29Speaker 1: is a problem too, is you're like, We're going to fight, fight, fight, fight, fight.
- 1:10:32Speaker 1: We're going to stop. We're going to stop them. And
- 1:10:34Speaker 1: then it's like, obviously, we knew we couldn't stop them
- 1:10:35Speaker 1: because we don't have the votes for X or Y.
- 1:10:37Speaker 5: Right.
- 1:10:37Speaker 1: So I agree that it's important not to overpromise. But
- 1:10:41Speaker 1: I still think like you need to fight when you
- 1:10:43Speaker 1: can and just be honest about what power we have
- 1:10:45Speaker 1: and what power we don't.
- 1:10:46Speaker 3: The Trump people are going to break some parts of
- 1:10:47Speaker 3: the government and people are going to get hurt and
- 1:10:49Speaker 3: they have to understand why that happened.
- 1:10:51Speaker 1: Yes.
- 1:10:51Speaker 3: So we've talked about the Doge stuff, but there's another
- 1:10:53Speaker 3: thing that's happened. So in 2020. Congress passed a bunch
- 1:10:57Speaker 3: of tax credits to make Affordable Care Act plans more affordable.
- 1:11:01Speaker 3: Those were extended through 2025. Those are going to expire.
- 1:11:05Speaker 3: And if they are not reauthorized, you're going to see
- 1:11:07Speaker 3: a bunch of middle class people see like serious premium increases.
- 1:11:11Speaker 3: We need to explain to them as Democrats why their
- 1:11:14Speaker 3: premiums are going up. Otherwise, it might just happen in
- 1:11:16Speaker 3: a vacuum and people are going to think, oh, actually,
- 1:11:18Speaker 3: government health care sucks.
- 1:11:19Speaker 5: It's Trump.
- 1:11:20Speaker 2: Trump will say Obamacare sucks.
- 1:11:21Speaker 3: Yeah, or Obamacare sucks. No, it's explained because... The Democrats
- 1:11:24Speaker 3: in Congress passed these enhanced tax credits for the Affordable
- 1:11:28Speaker 3: Care Act. We need a better name for them, by
- 1:11:30Speaker 3: the way. It's actually expanded premium support, Tommy. Thank you.
- 1:11:34Speaker 3: That's even worse. And Republicans let them lapse.
- 1:11:38Speaker 5: Yeah.
- 1:11:38Speaker 1: No, I mean, look, I do think that the budget
- 1:11:41Speaker 1: fight is the fight.
- 1:11:42Speaker 3: For sure.
- 1:11:43Speaker 1: But I also, I'm already like, we're heading into the
- 1:11:47Speaker 1: budget fight and I'm already feeling like, the most popular
- 1:11:51Speaker 1: testing message is just coming right back up and everyone's
- 1:11:53Speaker 1: just going to be like, tax cuts for billionaires to
- 1:11:55Speaker 1: cut your healthcare. And it's the right message. But I
- 1:11:57Speaker 1: think we have to be creative in the way we
- 1:12:00Speaker 1: talk about it. Like we just can't sound like we
- 1:12:03Speaker 1: have sounded like the last 20 years. So it is
- 1:12:05Speaker 1: the right argument. You know what I'm saying? When I
- 1:12:07Speaker 1: say the right message, that doesn't necessarily mean the right words.
- 1:12:10Speaker 2: I know, I know.
- 1:12:11Speaker 1: Can't you feel it already?
- 1:12:13Speaker 2: I know. Well, it's hard, right? Because it's like, part
- 1:12:16Speaker 2: of it is like, you need to be doing two things, right?
- 1:12:18Speaker 2: You actually do need to use the messages that resonate
- 1:12:20Speaker 2: with people because we're in a short-term fight and you're
- 1:12:22Speaker 2: trying to make the argument that resonates with people. But
- 1:12:24Speaker 2: at the same time, we're trying to make up for
- 1:12:26Speaker 2: what is ultimately a huge credibility gap. We warned the
- 1:12:29Speaker 2: country for several elections in a row about how dangerous
- 1:12:32Speaker 2: Donald Trump was. It was very, very clear. Not enough
- 1:12:35Speaker 2: people believed us. Not enough people cared. Either we didn't
- 1:12:37Speaker 2: reach them or if we did, they didn't take it
- 1:12:39Speaker 2: at face value. And so that requires a deeper You
- 1:12:43Speaker 2: start telling a deeper story about what you believe about
- 1:12:46Speaker 2: the world, and it's going to challenge people's assumptions. It's
- 1:12:49Speaker 2: not going to be exactly what they expect to hear
- 1:12:50Speaker 2: from you.
- 1:12:51Speaker 1: Yeah, or, I mean, Tommy, you've made this joke many times,
- 1:12:54Speaker 1: which is, like, Democrats have been using the line, we're
- 1:12:58Speaker 1: going to stop tax breaks for companies that ship jobs overseas,
- 1:13:01Speaker 1: and we're going to give those tax breaks to companies
- 1:13:03Speaker 1: who create jobs in America for 20 years more. And so, like,
- 1:13:08Speaker 1: is that one of the best polling testing lines? Yeah,
- 1:13:11Speaker 1: I bet it is. And I bet when you ask
- 1:13:12Speaker 1: people about it, they'll be like, yeah, I really like that. Like,
- 1:13:14Speaker 1: it's not just polls. Work hard and play by the rules.
- 1:13:17Speaker 1: If you say it for 20 years and it doesn't happen,
- 1:13:19Speaker 1: and you just keep saying the same line, it's not
- 1:13:22Speaker 1: going to land well.
- 1:13:23Speaker 3: One thing that I think insulates Trump from a lot
- 1:13:26Speaker 3: of criticism is people think, well, he's rich. He's not
- 1:13:29Speaker 3: trying to make more money. Because somehow people have gotten
- 1:13:31Speaker 3: it in their heads that billionaires don't always want more money,
- 1:13:33Speaker 3: and that's how you become a billionaire. I think we
- 1:13:35Speaker 3: need to undercut that by... exposing the reality. For example,
- 1:13:39Speaker 3: the Washington Post reported that Elon Musk and his businesses
- 1:13:41Speaker 3: have received at least $ 38 billion in government contracts, loans, subsidies,
- 1:13:46Speaker 3: and tax credits. We need to lift that up as
- 1:13:48Speaker 3: he's slashing things through Doge or advocating for a $ 4. 5
- 1:13:52Speaker 3: trillion tax cut for the richest people in the world.
- 1:13:56Speaker 3: That's the kind of stuff I think where there's an
- 1:13:57Speaker 3: enemy and it's newsworthy and it's new and it's interesting.
- 1:14:00Speaker 3: I think we can sell that.
- 1:14:01Speaker 1: Everything the tech oligarchs have done in the last 10
- 1:14:04Speaker 1: years has does not suggest that they do not care
- 1:14:07Speaker 1: about their wealth.
- 1:14:08Speaker 2: Well, there's, yeah, these people cannot get enough and it's
- 1:14:10Speaker 2: fucking sick. But like, I don't know, this is where
- 1:14:13Speaker 2: I kind of come back. Like, I see what Carville's
- 1:14:15Speaker 2: getting at, right? Because like, what he's saying is like,
- 1:14:17Speaker 2: we kind of need to step back from the daily
- 1:14:20Speaker 2: grind to figure out what we mean and what we
- 1:14:22Speaker 2: stand for. And I guess like where I land is like,
- 1:14:25Speaker 2: there's a lot of different Democrats that need to do
- 1:14:26Speaker 2: a lot of different things. We need the people out
- 1:14:28Speaker 2: there fighting every single day. Like the days of like
- 1:14:30Speaker 2: everybody driving towards one single message are probably over. There's
- 1:14:34Speaker 2: like maybe a core message we're driving, but there's like
- 1:14:36Speaker 2: a bunch of different access points to it. And some
- 1:14:38Speaker 2: people like Jasmine Crockett are going to be better at
- 1:14:41Speaker 2: just sort of like going for the fucking jugular. And
- 1:14:43Speaker 2: some people are going to be a bit more academic,
- 1:14:45Speaker 2: like a Pete Buttigieg, but also in a really effective way.
- 1:14:47Speaker 2: Like there's just like, there's just going to be a
- 1:14:48Speaker 2: bunch of different ways to talk about this.
- 1:14:50Speaker 1: And then you've got your Gen Xers pivoting to vertical
- 1:14:53Speaker 1: video and TikTok. Right.
- 1:14:56Speaker 3: I reject that.
- 1:14:57Speaker 2: And I think you're doing a great job.
- 1:14:59Speaker 3: You're the doge of this podcast with all your fucking
- 1:15:01Speaker 3: falsehoods in this episode.
- 1:15:03Speaker 5: Yeah.
- 1:15:03Speaker 3: Um, but yeah, no, I think like we have to
- 1:15:06Speaker 3: remember it's a party. A list is not a message, right?
- 1:15:09Speaker 3: We have to tell a story. It's gotta be, there
- 1:15:11Speaker 3: is like a lot of work we have to do
- 1:15:12Speaker 3: as a party. Like there's a bit of a reboot
- 1:15:14Speaker 3: of like who we, like you say, who is Trump?
- 1:15:16Speaker 3: What is he? People are like, I don't know. He
- 1:15:18Speaker 3: wants to make America great again. It sounds stupid. We
- 1:15:20Speaker 3: used to make fun of it, but like, boy, is
- 1:15:21Speaker 3: that simple and effective? We don't need a slogan, but
- 1:15:23Speaker 3: we need people to think like Democrats are Like, they
- 1:15:26Speaker 3: believe this, they stand for that, they fight for this. Like,
- 1:15:28Speaker 3: we need to reset that.
- 1:15:29Speaker 1: Stronger at home, more respected in the world, an opportunity
- 1:15:31Speaker 1: for all, and bottom-up, middle-out, middle-class.
- 1:15:33Speaker 2: Strength plus experience equals change.
- 1:15:35Speaker 1: Middle-out, bottom-up. Mega, mega.
- 1:15:40Speaker 2: Mega, mega. W stands for wrong, John. But that's an
- 1:15:43Speaker 2: old deep cut. But, like, this is, like, Bill Maher left,
- 1:15:46Speaker 2: so we didn't really get into it. But it's, like,
- 1:15:48Speaker 2: everybody in the... Like, when you make the argument... Was
- 1:15:50Speaker 2: it as sexually charged as it felt? I mean, I came. But, like,
- 1:15:53Speaker 2: you made, like, sexually... Dude, don't push me.
- 1:15:56Speaker 3: Don't push me.
- 1:15:57Speaker 1: You came, he left.
- 1:15:59Speaker 2: Uh, yeah. You don't think 69 exists? What are we
- 1:16:03Speaker 2: doing right now, Bill?
- 1:16:06Speaker 3: But, uh, but, uh, like, little.
- 1:16:08Speaker 1: Treat for all of you who stayed for an hour 20.
- 1:16:10Speaker 1: We're having a great time.
- 1:16:12Speaker 2: We're having a great time. But the, uh, the, uh,
- 1:16:17Speaker 2: like this idea that like, uh, you know, once you've
- 1:16:19Speaker 2: made the argument and they don't want to push back
- 1:16:20Speaker 2: in there, it's like, oh, you're going to cost Democrats
- 1:16:22Speaker 2: elections for 20 years with this pro-trans stuff. And it's like,
- 1:16:25Speaker 2: Donald Trump put a pro-choice environmental lawyer at the head
- 1:16:29Speaker 2: of the Department of Health and Human Services because he
- 1:16:32Speaker 2: had built up so much trust and credibility with his base.
- 1:16:35Speaker 2: And he has so much power within his party that
- 1:16:37Speaker 2: he had the space to operate, to challenge orthodoxies in
- 1:16:41Speaker 2: a bunch of different ways, both before he became president
- 1:16:43Speaker 2: and after. And as a Democratic Party, to Tommy's point,
- 1:16:46Speaker 2: we need to have a core set of beliefs, of
- 1:16:49Speaker 2: values that are so clear, that make so much sense
- 1:16:51Speaker 2: to people, that you then have the space to To
- 1:16:54Speaker 2: kind of like take to challenge people on an issue
- 1:16:56Speaker 2: they may not be agree with you yet.
- 1:16:57Speaker 5: Right.
- 1:16:58Speaker 2: To actually lead.
- 1:16:58Speaker 1: I'm just I'm laughing because I thought about like on
- 1:17:02Speaker 1: the Democratic side and I was like Kamala Harris did
- 1:17:04Speaker 1: three events one day with Liz Cheney and we're still
- 1:17:07Speaker 1: hearing about how it was. That's what caused the end
- 1:17:10Speaker 1: of the election.
- 1:17:10Speaker 2: But I actually, honestly, I know.
- 1:17:12Speaker 1: She didn't even say, like, you'd think she was, like,
- 1:17:14Speaker 1: barnstorming with Liz Cheney and, like, promising her a cabinet seat.
- 1:17:17Speaker 2: Yeah, like, we're going to, yeah. Honestly, it's more like,
- 1:17:21Speaker 2: what if Kamala Harris said, I'm going to make Mike
- 1:17:23Speaker 2: Pence my Secretary of Health and Human Services? Could you
- 1:17:26Speaker 2: imagine it?
- 1:17:26Speaker 5: But, like.
- 1:17:26Speaker 2: Why is that so inconceivable? It's because, honestly, Kamala Harris,
- 1:17:29Speaker 2: the most work she had to do was not just prove,
- 1:17:32Speaker 2: she had to prove to every single group of people
- 1:17:33Speaker 2: what she believed in, right? She had no trust with
- 1:17:36Speaker 2: the left. She had no trust with the center. She
- 1:17:38Speaker 2: was starting from fucking scratch.
- 1:17:39Speaker 1: Well, on the other side of it, too, just to
- 1:17:40Speaker 1: prove I'm not just a Liz Cheney fan, you know, AOC,
- 1:17:44Speaker 1: one of the best messengers in the party, and we
- 1:17:45Speaker 1: couldn't even get her a ranking member slot on the
- 1:17:49Speaker 1: oversight committee.
- 1:17:50Speaker 2: Well, when you have a talent like Connelly, when you
- 1:17:52Speaker 2: have a once-in-a-generation communicator Like Connolly just waiting in the wings.
- 1:17:57Speaker 3: I do think that there's a lesson from the RFK
- 1:18:00Speaker 3: thing where, look, he's a terrible person. I would not
- 1:18:02Speaker 3: want him part of the Democratic coalition. And I don't
- 1:18:04Speaker 3: think- Great op-ed on measles though. I don't think it
- 1:18:06Speaker 3: was a mistake for Kamala Harris not to like cut
- 1:18:09Speaker 3: a deal with him or whatever. Remember that was kind
- 1:18:10Speaker 3: of a narrative. But Republicans, they will let anyone into
- 1:18:13Speaker 3: the tent, including him. And they saw, Donald Trump correctly
- 1:18:17Speaker 3: saw that RFK overthrew decades of misleading and sort of
- 1:18:25Speaker 3: being emotionally manipulative to people who had been had children
- 1:18:28Speaker 3: with disabilities etc had built this constituency and built trust
- 1:18:32Speaker 3: with a community that was like pretty significant and they
- 1:18:35Speaker 3: saw the value of this kind of like wellness to
- 1:18:37Speaker 3: anti-vax to maga to maha pipeline and they were willing
- 1:18:42Speaker 3: to go for it and i just i don't know
- 1:18:44Speaker 3: like it's not a good example it's not something i'd
- 1:18:46Speaker 3: like to emulate but that openness and willingness to bring
- 1:18:48Speaker 3: people into the tent is something.
- 1:18:49Speaker 1: It sounds like what you're saying is we need a
- 1:18:51Speaker 1: Joe Rogan of the left.
- 1:18:52Speaker 3: Of the right. We need a 69.
- 1:18:54Speaker 1: All right, we're going to end this thing now. That's
- 1:18:57Speaker 1: our show for today. Reminder that we're going to be
- 1:18:59Speaker 1: live streaming our preview of Trump's address to the joint
- 1:19:01Speaker 1: session tonight at 8 p.m. Eastern, 5 p.m.
- 1:19:03Speaker 3: Pacific.
- 1:19:04Speaker 1: We'll have a bonus reaction show in your feed tomorrow morning.
- 1:19:07Speaker 1: Talk to you all then. If you want to listen
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