Latest / The Agora / September 24, 2026 — Deals, Data Centers, and Due Process
Transcript
- 0:15Arthur Kline: Good evening.
- 0:16Welcome to THE AGORA.
- 0:18Tonight — Trump's deal-or-annihilation ultimatum to Iran,
- 0:23the press corps suing its way back into the White House,
- 0:27and Greg Abbott pulling the plug on Texas data centers.
- 0:31Plus two lightning rounds.
- 0:33I'm Arthur Kline.
- 0:35It's Thursday, September 24th, 2026.
- 0:37Let's go.
- 0:42Arthur Kline: ISSUE ONE — deal or annihilate.
- 0:45Trump told the General Assembly Tuesday he was deciding whether to deal with Iran or
- 0:51"annihilate" it if the seven-month war continues.
- 0:54Witkoff and Kushner sat roughly three hours with Iranian officials on the sidelines,
- 1:00through mediators.
- 1:02Wednesday,
- 1:02Pezeshkian rejected surrender but said Iran is ready for talks "without accepting
- 1:08the language of force."
- 1:10Grant, is Trump negotiating with Iran or threatening it —
- 1:14and does he know the difference?
- 1:17Grant Mercer: Arthur, the honest answer is the threat is the negotiation.
- 1:21Coercive diplomacy is a tradition;
- 1:23nobody gets Tehran to the table with a strongly worded statement.
- 1:27Where Trump loses me is the vocabulary.
- 1:29"Deal or annihilate" isn't a strategy — it's a menu with two items and no prices.
- 1:35A credible ultimatum specifies what the deal is,
- 1:38and after seven months of war nobody could tell you.
- 1:41Pezeshkian's "without the language of force" is the same move from the other
- 1:46direction:
- 1:46both presidents are negotiating with their hardliners in public while Witkoff and
- 1:51Kushner do the actual work through mediators.
- 1:54It's The Hunt for Red October:
- 1:56the hard part about playing chicken is knowing when to flinch —
- 2:00and I'm not sure either capital knows.
- 2:02Eli Navarro: Hold on, Grant— "coercive diplomacy" presumes there's a destination.
- 2:06Seven months in, nobody at the table can name the deal.
- 2:09That's Yogi: we're lost, but we're making good time.
- 2:12And Congress still hasn't voted on this war.
- 2:15Arthur Kline: Yogi Berra as grand strategist — and Eli's right, nobody can name the destination.
- 2:22"Annihilate or deal" isn't a policy, it's a coin flip.
- 2:26Nora — rebut.
- 2:27Nora Kessler: Actually, Arthur, it isn't a coin flip,
- 2:30because one side has already published its terms.
- 2:33Iranian officials have told the mediators what reopening the Strait of Hormuz costs:
- 2:38lift the U.S.
- 2:39naval blockade, release frozen Iranian assets,
- 2:42and end the war on every so-called resistance front,
- 2:46meaning Iran's proxies across the region.
- 2:48That's a price list.
- 2:49Grant says the menu has no prices; it does,
- 2:52they're just written in Farsi and nobody in the West Wing has read them.
- 2:57Tehran is negotiating in specifics, Washington in adjectives.
- 3:01"Annihilate" is a two-minute drill with no play called.
- 3:04Eli's right about Congress,
- 3:06but the sharper question is which of those three conditions the administration can
- 3:11live with,
- 3:12because the Strait doesn't reopen on vibes.
- 3:15Arthur Kline: Terms already on the table, Nora.
- 3:17What does WASHINGTON want?
- 3:19Nora Kessler: That's the problem, Arthur: nobody can answer that,
- 3:22and the people who should be answering it are the ones who launched the war.
- 3:27Tehran's three conditions are a price list; Washington's demand is a verb.
- 3:32Presumably the administration wants the Strait of Hormuz reopened,
- 3:36some ceiling on the nuclear program, and Iran's proxies leashed,
- 3:41but "presumably" is me doing the White House's homework,
- 3:44and I don't recall being hired.
- 3:46Pezeshkian saying "dialogue without the language of force" tells you exactly what
- 3:52Tehran wants:
- 3:53talks that don't look like capitulation at home.
- 3:56Trump's "deal or annihilate" tells you what Washington wants to look like,
- 4:01not what it wants to get.
- 4:03You can't negotiate an end state you haven't defined.
- 4:07Arthur Kline: A price list from Tehran, a threat from Washington, and Congress AWOL.
- 4:13Somebody here is bluffing.
- 4:15Sloane — who?
- 4:16Sloane Barrett: The bluffer, Arthur, is Congress.
- 4:19Trump says "annihilate," Tehran publishes a price list, as Nora laid out,
- 4:24and everyone treats those two as the only players.
- 4:28But the one party with a cards-on-the-table obligation is the one pretending it
- 4:34has no hand.
- 4:35Article I, Section 8: Congress declares war, Congress funds it.
- 4:40Seven months in, it has done neither, and the Treasury keeps paying anyway.
- 4:45That's the bluff: insisting there's no game while the pot drains on your watch.
- 4:51As for the envoys, Witkoff and Kushner logged three hours abroad through mediators,
- 4:57and Drake and Future filed the intelligence assessment years early: Jumpman,
- 5:03Jumpman, Jumpman,
- 5:04them boys up to something / They just spent like two or three weeks out the country
- 5:10/ Them boys up to something,
- 5:12they just not just bluffing.
- 5:14Fine.
- 5:15"Up to something" is not a war power.
- 5:18Show me the authorization, and THEN we can argue about the adjectives.
- 5:23Eli Navarro: Right, but Sloane: Congress abdicating doesn't launder the President's part.
- 5:27Nobody in Congress fired the first shot; he did.
- 5:29And the cure isn't a resolution, it's the purse.
- 5:31Defund it.
- 5:32Article I has teeth if anyone bites.
- 5:34Sloane Barrett: Eli, sure, but— nobody said abdication launders him.
- 5:38You heard me: Congress funds it.
- 5:40Defunding IS a vote, and they won't cast it.
- 5:44Article I's teeth don't bite on their own; somebody has to open the jaw.
- 5:49Same bluff.
- 5:50Grant Mercer: Arthur, I'm going to get yelled at by my own side for this,
- 5:53but Sloane and Eli are having the right argument and it still doesn't reach the
- 5:58problem.
- 5:58Congress could defund the war tomorrow and Washington would still not know what it
- 6:03wants from Iran.
- 6:04Nora's point is the one that bites:
- 6:06Tehran wrote down three conditions and Washington, as she put it,
- 6:09answered with a verb.
- 6:10Here's what bothers me as a conservative.
- 6:13Every time Trump says "annihilate" at a podium,
- 6:15Pezeshkian's "no language of force" line gets cheaper to say at home,
- 6:19and Iran's price list gets a fourth item.
- 6:21Threats are supposed to lower the other side's asking price, not pad it.
- 6:25That's not toughness; that's shopping without a list.
- 6:29Arthur Kline: Grant, that's the loneliest sentence in the Republican Party — and it's right.
- 6:34Defunding is theater if nobody's willing to be the villain.
- 6:39Eli — rebut.
- 6:40Eli Navarro: Theater, Arthur?
- 6:41Cooper-Church cutting off money for American ground troops in Cambodia wasn't
- 6:45theater
- 6:46— it worked.
- 6:46The Boland Amendment wasn't theater;
- 6:48it forced a president to fund his proxy war through arms sales to Iran,
- 6:53which tells you how hard the purse bites.
- 6:55Grant's right that Washington can't name what it wants from Tehran,
- 6:59but that's the argument FOR defunding, not against it.
- 7:02You don't need a defined end state to stop writing checks for a war that has no end
- 7:07state.
- 7:07That's not villainy, it's bookkeeping.
- 7:09The Framers put the purse in Article I precisely because a president with a blank
- 7:14check and an adjective will always choose the adjective.
- 7:17Nora's price list exists because somebody in Tehran did the arithmetic.
- 7:21Congress could try that.
- 7:23Arthur Kline: Deal or annihilation.
- 7:25Diplomacy conducted at the volume of a threat,
- 7:28and Congress still hasn't found its voice.
- 7:33Arthur Kline: ISSUE TWO — the press corps sues.
- 7:36CNN, MS NOW and Politico sued in D.C.
- 7:39federal court September 21, 2026,
- 7:42seeking a temporary restraining order restoring their access.
- 7:47The same day,
- 7:48the White House launched "Trump TV," a 24-hour livestream on its website and
- 7:54YouTube.
- 7:55ABC, CBS, NBC, Fox and CNN have suspended the White House television pool.
- 8:01Sloane,
- 8:02when three networks haul the White House into court for a seat in the briefing
- 8:09room,
- 8:09is that the First Amendment or a hall pass?
- 8:13Sloane Barrett: Neither, Arthur.
- 8:14The First Amendment forbids government from abridging the press;
- 8:19it does NOT issue chairs.
- 8:20Nobody has a constitutional right to a seat in the Brady briefing room,
- 8:25and the Framers did not enumerate briefing-room parking.
- 8:29But, and this is the part the administration keeps forgetting,
- 8:33once government opens a door, it cannot slam it on viewpoint.
- 8:37Sherrill v.
- 8:38Knight settled that: access can be denied,
- 8:41but not arbitrarily and not for the coverage.
- 8:44So the networks have a real claim on the narrow point and a hall pass on the broad
- 8:50one.
- 8:50As for Trump TV, a government livestreaming itself isn't censorship,
- 8:54it's a vanity project with a YouTube channel.
- 8:57The pool walking out is the First Amendment working, not failing.
- 9:02Eli Navarro: Arthur, "the Framers did not enumerate briefing-room parking" — Sloane's right,
- 9:07and it's beside the point, because nobody is suing for parking.
- 9:11Sherrill v.
- 9:11Knight is the whole case: access can't be denied for the coverage.
- 9:16So what did the White House do the SAME DAY it locked out CNN, MS NOW and Politico?
- 9:21It launched a 24-hour channel of itself.
- 9:23That's not a vanity project, that's a confession filed as a press release —
- 9:28the government announcing in real time that the problem was who held the camera.
- 9:32Madison warned that popular government without popular information is a prologue to
- 9:37a farce or a tragedy.
- 9:39Trump TV is both, and it runs without commercials.
- 9:42Judge Kelly hears the restraining-order request at 3:30 Eastern.
- 9:46I'd bet on Sherrill.
- 9:47Nora Kessler: Right, but Eli— timing isn't a confession, it's circumstantial.
- 9:51Sherrill doesn't ask why the door closed;
- 9:53it asks whether the White House wrote down a reason and let them answer it.
- 9:58If it didn't, Judge Kelly never needs Trump TV.
- 10:02Eli Navarro: Arthur, Nora's procedural point is fair as far as it goes,
- 10:05and it goes exactly one step.
- 10:07Yes, Sherrill demands a written reason and a chance to answer.
- 10:10But the same case says the reason can't be the coverage —
- 10:13and no White House lawyer has ever drafted a memo reading "banned for unflattering
- 10:18questions."
- 10:19Viewpoint discrimination is proven circumstantially or it's never proven at all.
- 10:23So the timing isn't decoration; it's the only evidence there is.
- 10:27Channeling my inner Yogi:
- 10:29the reason they can't write down the reason is the reason.
- 10:32And when Fox News walks out of the pool alongside CNN, that's not a media conspiracy
- 10:37— that's the defendant's own witnesses declining to testify.
- 10:40Judge Kelly can take notice.
- 10:42Arthur Kline: Eli's halfway through a sentence and already winning on points —
- 10:47the reason can't be the coverage, everyone agrees.
- 10:50Sloane, is that actually the fight?
- 10:53Sloane Barrett: No, Arthur, it isn't, which is why Eli is winning on points and losing the case.
- 10:59Everyone agrees the reason can't be the coverage; the fight is remedy.
- 11:04Sherrill v.
- 11:05Knight hands Judge Kelly a procedural checklist, not a seating chart.
- 11:10A temporary restraining order telling the President which reporters stand in his own
- 11:17house is an Article III judge running an Article II building,
- 11:21and I'd like the networks to win without minting that precedent.
- 11:26As for Trump TV, Eli calls it a confession.
- 11:29It's closer to a government interviewing its own reflection,
- 11:34and De La Soul filed the diagnosis decades ago:
- 11:38Mirror mirror on the wall / Tell me mirror, what is wrong?
- 11:42/ Can it be my De La clothes / Or is it just my De La song?.
- 11:46Nothing's wrong with the song.
- 11:49They just evicted the audience.
- 11:51Grant Mercer: Hold on, Sloane— restoring access isn't running the building,
- 11:54it's freezing the status quo until the White House writes the memo Sherrill
- 11:58already requires.
- 11:59Judges order agencies to follow procedure every week.
- 12:02That's not a seating chart; it's homework.
- 12:04Arthur Kline: Freezing the status quo IS running the building —
- 12:08especially when the building now has its own network.
- 12:11Nora — rebut.
- 12:13Nora Kessler: Arthur, that's a category error.
- 12:15A temporary restraining order restores the seating chart that existed before the
- 12:20lockout;
- 12:20it doesn't draft a new one.
- 12:22The White House still decides who gets a hard pass.
- 12:25It just has to write down why, and let CNN answer,
- 12:28which is the entire holding of Sherrill v.
- 12:31Knight.
- 12:32Sloane's worry about an Article III judge running an Article II building assumes the
- 12:37judge picks the reporters.
- 12:39He doesn't.
- 12:40Deflategate:
- 12:40a federal judge vacated Tom Brady's suspension without ever ruling on whether the
- 12:46footballs were soft.
- 12:47He ruled the league skipped its own process.
- 12:50That's all Judge Kelly would be doing at 3:30.
- 12:53Trump TV owns a camera; it still owes a memo.
- 12:56Broadcasting isn't paperwork.
- 12:58Arthur Kline: Fine, Nora — the TRO restores the chairs.
- 13:01But who's sitting in them Thursday morning?
- 13:04Grant — answer that.
- 13:06Grant Mercer: Arthur, the honest answer is: whoever the White House lets through the gate,
- 13:10with a memo attached.
- 13:11The chairs come back Thursday morning; nobody's guaranteed to fill them,
- 13:15because a temporary restraining order restores the process, not the roster.
- 13:20But notice the irony.
- 13:21The White House locked out three outlets and got five networks to walk out of the
- 13:25pool voluntarily.
- 13:26It set out to remove CNN and ended up with an empty room and a livestream of itself.
- 13:31That's The Graduate bus scene: they got exactly what they were chasing,
- 13:35and now they're sitting there with no idea where it's going.
- 13:38Sloane's Article III worry is real, and I'd still take the order,
- 13:42because otherwise Thursday's briefing room has one camera,
- 13:45and it works for the podium.
- 13:47Sloane Barrett: Wait, no, Grant— you just conceded it.
- 13:49If the order restores process, not roster,
- 13:52Thursday's chairs are still the White House's call.
- 13:56The one camera is a boycott, not a ban; the pool chose it.
- 14:00Judges don't cure walkouts.
- 14:04Arthur Kline: ISSUE THREE — Abbott freezes the data centers.
- 14:07September 21, 2026 —
- 14:09Abbott ordered the TCEQ to halt all data-center permits until ERCOT finishes its
- 14:16grid audit.
- 14:17The audit may run through December,
- 14:20and the directive sets no date for permits to resume.
- 14:24An August UT/Texas Politics Project poll found 57 percent of Texas voters opposed a
- 14:31data center in their community
- 14:34— including 43 percent of Republicans.
- 14:37Nora, is the governor of Texas protecting the grid,
- 14:41or reading a poll and calling it energy policy?
- 14:46Nora Kessler: Arthur, those aren't alternatives.
- 14:48Reading a poll and protecting the grid are the same activity here,
- 14:52because the voters are right about the physics.
- 14:55Data centers draw enormous power,
- 14:58and ERCOT's interconnection queue is the one place in Texas where nobody's checked
- 15:03whether the wiring can take it.
- 15:05So a pause is defensible.
- 15:07What isn't defensible is a pause with no end date.
- 15:10Abbott's directive also blocks every state agency's approvals until ERCOT,
- 15:15the Public Utility Commission,
- 15:17and the Texas Water Development Board hand over grid- and water-use data,
- 15:21with no deadline attached.
- 15:23That's not an audit; it's a moratorium filed as a fact-finding mission.
- 15:28I just want to know when the precaution ends, because "until December,
- 15:32maybe" isn't a plan, it's a shrug with letterhead.
- 15:36Grant Mercer: Nora, hold on— the poll isn't physics.
- 15:38Fifty-seven percent opposing a data center in their community is NIMBYism with a
- 15:43barbecue smoker.
- 15:43ERCOT should audit wiring, sure;
- 15:45Abbott's freezing an industry because Texas Republicans just discovered they're
- 15:50Californians.
- 15:51Arthur Kline: NIMBYism with a smoker is still a voting bloc, Grant.
- 15:56Abbott read the poll, not the grid.
- 15:59Eli — rebut.
- 16:00Eli Navarro: Arthur, "NIMBYism with a smoker" gets the diagnosis backwards.
- 16:04A homeowner objecting to a warehouse of servers next door isn't being provincial —
- 16:08she's noticed that her electric bill pays for the transmission upgrades and Amazon
- 16:13pays for the ribbon-cutting.
- 16:15Sixty percent of rural Texans oppose these projects because rural Texas is where the
- 16:19water table and the substation live.
- 16:21And the grid IS the story:
- 16:23ERCOT is the only grid in the country that walled itself off from federal oversight,
- 16:28and Texans remember Uri.
- 16:29Yogi had the interconnection queue nailed: nobody goes there anymore,
- 16:33it's too crowded.
- 16:34Abbott didn't read a poll — he read a meter.
- 16:36He skipped the end date,
- 16:38and a deregulator discovering regulation mid-boom deserves a deadline, not applause.
- 16:42Sloane Barrett: Eli, come on—
- 16:43a governor halting permits by fiat with no end date isn't reading a meter,
- 16:49it's reading a poll and calling it statute.
- 16:52Show me where the Texas Constitution lets him freeze an industry until "December,
- 16:58maybe."
- 16:58Eli Navarro: Wait, no, Sloane— TCEQ is an executive agency and permits are executive discretion.
- 17:03He's not writing statute, he's declining to sign.
- 17:06You'd call that restraint if it were a refinery.
- 17:09The end date's the problem, not the authority.
- 17:12Arthur Kline: Executive discretion, Professor — or an indefinite pocket veto by press release.
- 17:19Grant, adjudicate.
- 17:21Grant Mercer: Arthur, it's discretion the way a pocket veto is a signature:
- 17:25technically the pen never moved.
- 17:27Eli's right that TCEQ can decline to sign a permit — a permit.
- 17:31Declining to sign every permit from one industry, indefinitely,
- 17:34isn't reviewing applications;
- 17:36it's writing policy without the inconvenience of a legislature,
- 17:40and Texas actually has one.
- 17:41Here's the conservative answer nobody in Austin wants:
- 17:45if data centers strain the grid, make them pay for it.
- 17:48Interconnection fees, transmission upgrades, water pricing —
- 17:51send the bill to the servers, not the ratepayer.
- 17:54That's a market, not a moratorium.
- 17:56Instead Abbott spent years telling these companies Texas was open for business,
- 18:01then locked the door with them halfway through it.
- 18:04Capital doesn't wait for "December, maybe."
- 18:07Sloane Barrett: Fair, Grant, but— "make them pay" needs somebody to write the bill,
- 18:11and the Public Utility Commission is Abbott's appointees.
- 18:15You've swapped one governor's fiat for another's.
- 18:19The Legislature sets the price, or it's the same moratorium with an invoice.
- 18:24Arthur Kline: Counselor, cite the statute or concede the point.
- 18:28Sloane Barrett: The statute, Arthur, is the one Abbott forgot to cite.
- 18:32His directive names three agencies and zero enabling provisions,
- 18:37which is quite an omission for a document freezing an industry.
- 18:42Texas Constitution, Article II, Section 1: the powers are divided,
- 18:47and no department exercises another's.
- 18:50TCEQ permits under standards the Legislature wrote;
- 18:53that's a duty to process applications,
- 18:56not a license to shelve a sector until the polling improves.
- 19:01Eli's refinery analogy fails on its own terms.
- 19:05Denying one refinery on the record is discretion.
- 19:08Denying every refinery until further notice is a rule,
- 19:12and rules in Texas come out of the other building in Austin.
- 19:17Grant's invoice has the same defect; appointees aren't legislators.
- 19:22"December, maybe" isn't a statute.
- 19:25It's a mood.
- 19:26Concession declined.
- 19:28Nora Kessler: Arthur,
- 19:28Sloane's separation-of-powers point is right on paper and irrelevant to the servers.
- 19:33Nobody at Amazon is going to sue the governor of Texas;
- 19:37they're going to build in Oklahoma, which is the cost of a freeze with no calendar.
- 19:42She's wrong about Grant's invoice.
- 19:45Ratemaking is what the Legislature delegated to the Public Utility Commission;
- 19:50appointees setting interconnection tariffs isn't fiat, it's the job description.
- 19:55So the fix is boring: give ERCOT a deadline,
- 19:58have the Commission price large-load hookups so the servers pay for the substation
- 20:03instead of the ratepayer,
- 20:05and reopen the window.
- 20:06Right now Abbott is running the Sixers' Process: lose on purpose,
- 20:10trust the draft picks arrive eventually.
- 20:13Sam Hinkie at least had a draft calendar.
- 20:16Austin has "December, maybe."
- 20:17Arthur Kline: Oklahoma is a threat, Nora, not an answer.
- 20:22Nora Kessler: Arthur, Oklahoma isn't my answer, it's Abbott's consequence.
- 20:25My answer is a calendar, so I'll add the part nobody in Austin wants to hear:
- 20:30the audit and the freeze don't have to be the same length.
- 20:33ERCOT can study the interconnection queue through December while TCEQ keeps
- 20:38processing permits with a large-load condition attached,
- 20:41meaning no hookup until the grid check clears.
- 20:44That's ordinary conditional permitting.
- 20:46Abbott chose the version where the study halts the building instead of the building
- 20:51waiting for the study.
- 20:53Fifty-seven percent of Texans don't want a data center next door;
- 20:57zero percent voted for an economy that pauses whenever the governor wants to think.
- 21:01Precaution needs a stopping rule, or it's just fear with a signature block.
- 21:06Arthur Kline: And now, The Herald — with Simone Hargrove.
- 21:11Simone Hargrove: This is The Herald — the week beyond the table.
- 21:15On September 22,
- 21:16the United States announced about thirty-one million dollars in additional flood
- 21:22assistance for Nepal.
- 21:24Recovery there continues, and about seventy Americans remain unaccounted for.
- 21:29On September 20,
- 21:31a Venezuelan man making deliveries in Austin was shot by Immigration and Customs
- 21:37Enforcement officers.
- 21:38Homeland Security Investigations is investigating,
- 21:42one of several recent confrontations involving ICE operations.
- 21:47That same day, in the Chicago suburb of Evanston,
- 21:51ICE officers mistakenly targeted a U.S.
- 21:54citizen, leaving the person injured on the ground.
- 21:58The incident has brought fresh scrutiny of the agency's enforcement practices.
- 22:04The Texas Rangers are seeking evidence of manslaughter and other crimes over
- 22:09twenty-seven flood deaths at Camp Mystic amid devastating flooding in Texas last
- 22:16year.
- 22:16Brant Johnston, with the Texas Rangers,
- 22:19wrote in an affidavit that Camp Mystic had inadequate emergency plans,
- 22:24failed to conduct emergency drills or training,
- 22:28and in some cabins did not have enough adult counselors.
- 22:32In remembrance:
- 22:33actor Hayden Panettiere died August 16 of an accidental overdose of drugs,
- 22:39including fentanyl, at an apartment in Greenville, South Carolina,
- 22:44weeks after being released from a drug rehabilitation facility in Malibu,
- 22:50California, the coroner's office found in a ruling released September 22.
- 22:55She was thirty-six, known for television roles, including "Heroes" and "Nashville".
- 23:02And in health policy: on September 22,
- 23:05the Trump administration removed more than seven hundred fifty thousand people from
- 23:11Affordable Care Act marketplaces,
- 23:13saying many received subsidies improperly or were not real enrollees.
- 23:19Vice President JD Vance and CMS Administrator Mehmet Oz called it an anti-fraud
- 23:25measure.
- 23:25From beyond the table — I'm Simone Hargrove.
- 23:29The Agora continues.
- 23:32Arthur Kline: ISSUE FOUR — LIGHTNING ROUND — Paramount swallows Warner Bros.
- 23:37On September 21, 2026,
- 23:39Paramount Skydance settled with 12 state attorneys general and the Writers Guild,
- 23:46clearing its roughly $110 billion acquisition of Warner Bros.
- 23:51Discovery.
- 23:52The states did not obtain the full divestiture of CNN and CBS News they had
- 23:58requested.
- 23:59Grant, CNN and CBS News under one landlord —
- 24:03is that editorial independence or a monopoly with a chaperone?
- 24:08Grant Mercer: A chaperone, Arthur — hired by the date.
- 24:10The states asked for divestiture and settled for a board and a trustee,
- 24:14both existing at the pleasure of the company they're supposedly watching.
- 24:18I'm a market guy; studios merging is Hollywood arithmetic.
- 24:21But an editorial-independence board has never survived its first budget meeting,
- 24:26and a trustee monitors compliance, not courage.
- 24:28Twelve attorneys general walked in demanding a firewall and walked out with a memo.
- 24:33That's not antitrust;
- 24:34it's a hall monitor for a hundred-and-ten-billion-dollar hallway.
- 24:38Sloane Barrett: Right, but Grant—
- 24:39twelve attorneys general demanding a news divestiture were never doing antitrust;
- 24:44that's government deciding who may own a newsroom.
- 24:48A chaperone answering to the company beats one answering to twelve state capitals.
- 24:53Grant Mercer: Sloane, sure, but— divestiture doesn't pick a newsroom's owner;
- 24:57it says one owner can't hold two.
- 24:59That's antitrust, not curation.
- 25:01And a board answering to the company it watches isn't a chaperone.
- 25:05It's a hostage with a title.
- 25:07Sloane Barrett: Grant's hostage has it backwards, Arthur.
- 25:09The hostage-takers were twelve attorneys general demanding a company sell its
- 25:14newsrooms as the price of buying its studios.
- 25:17That isn't antitrust;
- 25:19the relevant market for news isn't two networks under one roof,
- 25:23it's every outlet in the country and a phone.
- 25:26Salt-N-Pepa drafted the First Amendment brief:
- 25:29If I wanna take a guy home with me tonight / It's none of your business / And if she
- 25:34wanna be a freak and sell it on the weekend / It's none of your business.
- 25:39The board is toothless, granted.
- 25:41But a toothless chaperone beats a state with its teeth in the newsroom.
- 25:46Eli Navarro: Arthur, Sloane's "every outlet and a phone" is how every merger gets blessed:
- 25:50define the market as the universe and nobody owns too much of it.
- 25:53The Writers Guild got something enforceable —
- 25:55seventeen and a half million dollars into its health fund and a five-year ban on
- 26:00laying off CBS News broadcast writers.
- 26:02Twelve attorneys general got a board.
- 26:04Labor protected the newsroom's people; the states protected its stationery.
- 26:08When a union out-negotiates twelve governments on antitrust, that's not a chaperone.
- 26:12That's the chaperone riding home with the date.
- 26:15Arthur Kline: Define the market wide enough and nobody's a monopolist —
- 26:19Eli's right about that much.
- 26:21Grant — is the board a shield or a fig leaf?
- 26:25Grant Mercer: A fig leaf, Arthur — and Eli, annoyingly, is right about why.
- 26:28The Writers Guild got a five-year layoff ban a judge can enforce;
- 26:32the states got a board with no budget, no veto, and a landlord who signs its checks.
- 26:36David Ellison is already claiming "complete clearance" and penciling in a close in
- 26:40about two weeks
- 26:41— that's how seriously the watchdog is being taken.
- 26:44The states' firewall is the Maltese Falcon: they fought for it,
- 26:47carried it out of the room, and it's painted lead.
- 26:50Sloane Barrett: Wait, no, Grant— painted lead because it was never the states' falcon to carry.
- 26:56And Ellison's "complete clearance" is premature;
- 26:59the settlement still needs a judge's signature.
- 27:03THAT'S the real watchdog: Article III, not a board with a title.
- 27:07Grant Mercer: Fair, Sloane, but— a judge approving a settlement signs what the parties bring him;
- 27:13he doesn't redraft the board's powers.
- 27:15Approving a toothless deal isn't a watchdog.
- 27:18It's a notary.
- 27:19The states negotiated the fig leaf; the court laminates it.
- 27:24Arthur Kline: ISSUE FIVE — LIGHTNING ROUND — Trump meets Mamdani.
- 27:28Trump and Mamdani met at Gracie Mansion on September 21st for roughly one hour.
- 27:34The Sunnyside Yard proposal covers approximately 12,000 homes and 30,000 jobs,
- 27:41and Mamdani says it needs at least 21 billion dollars in federal grants.
- 27:46Eli,
- 27:46the president and the socialist mayor of New York spend an hour at Gracie Mansion —
- 27:53genuine détente, or two showmen splitting one stage?
- 27:58Eli Navarro: Détente, Arthur, and I'll take it.
- 28:00New York mayors have always cashed federal checks —
- 28:03La Guardia built half the city on FDR's money, and nobody called it a stage act.
- 28:07Twenty-one billion in grants for housing is a housing program, not a photo op.
- 28:12But watch the stagecraft anyway:
- 28:13Mamdani opened the Gracie Mansion lawn to every reporter,
- 28:17including the three outlets the White House locked out that same week.
- 28:21The socialist ran the more American press operation.
- 28:24That's not two showmen splitting a stage.
- 28:26That's the mayor grading the President's homework in public.
- 28:30Nora Kessler: Détente needs deliverables, Arthur, and Eli's tally is zero.
- 28:34They "agreed to continue discussions" about twenty-one billion dollars,
- 28:39which is a promise to schedule a meeting.
- 28:42Mamdani raised the termination of Temporary Protected Status for Haitians;
- 28:47Trump acknowledged it and changed nothing.
- 28:50Eli's cheering the open lawn while the real game goes unwatched.
- 28:55That's the Heidi Game:
- 28:56in 1968 NBC cut from Jets-Raiders to a children's movie and missed two Raiders
- 29:02touchdowns.
- 29:02The press access was the movie.
- 29:04The policy was the game, and New York lost it.
- 29:08Eli Navarro: Arthur, Nora's Heidi Game cuts the other way: NBC cut to the movie,
- 29:12and the Raiders still scored — the game happened whether anyone watched.
- 29:15Sunnyside Yard isn't dead because it lacks a signed check on day one;
- 29:19La Guardia didn't get the Triborough Bridge in an hour either.
- 29:22And the open lawn isn't the sideshow.
- 29:24Who holds the camera decides whether twenty-one billion dollars gets scrutinized or
- 29:28laundered through a livestream.
- 29:30Zero deliverables?
- 29:31The mayor delivered the press corps back.
- 29:33That's one.
- 29:34Sloane Barrett: No, but Eli— a lawn isn't a deliverable, it's landscaping.
- 29:37Twenty-one billion dollars in federal grants doesn't come from Gracie Mansion or the
- 29:43White House;
- 29:44it comes from Congress.
- 29:45Show me the line item, then count your deliverables.
- 29:49Eli Navarro: Sure, Sloane, but—
- 29:50every federal housing dollar starts as a mayor's ask and a president's blessing
- 29:54before Congress writes the line.
- 29:56La Guardia didn't get a line item first either.
- 29:59The meeting is the application; you're grading the check.
- 30:02Arthur Kline: La Guardia had FDR and a Depression.
- 30:05Mamdani has a handshake and a press-lawn grievance.
- 30:10Grant — is that enough?
- 30:12Grant Mercer: Not remotely, Arthur.
- 30:14Eli's right that the meeting is the application — and applications get denied,
- 30:18usually by a Republican Congress that just spent a year campaigning against the man
- 30:23who filed it.
- 30:23Twenty-one billion dollars for a rail-yard deck is a rounding error to nobody.
- 30:28And notice the tell Nora flagged: Mamdani raised Haitian TPS,
- 30:31Trump nodded and moved nothing.
- 30:33That's the exchange rate here — an hour of listening, zero policy.
- 30:37Mamdani won the press lawn.
- 30:38Trump won a photo with the socialist mayor his party wants in every attack ad.
- 30:42Only one of those cashes.
- 30:44Sloane Barrett: Grant, fair enough, but— neither one cashes.
- 30:47Twenty-one billion in grants is an appropriation,
- 30:51and the mayor of New York doesn't hold a committee gavel.
- 30:55Trump's photo and Mamdani's lawn are both press strategy.
- 30:59Article I doesn't fund press strategy.
- 31:01Grant Mercer: See, Sloane— the photo cashes.
- 31:03Attack ads don't need an appropriation; they need footage,
- 31:06and Trump just filmed his.
- 31:08Mamdani's lawn needs Congress.
- 31:09Trump's picture needs a Super PAC.
- 31:11Only one of those has a budget this fall.
- 31:15Arthur Kline: Predictions.
- 31:16One each — a date, a number, a name, something that can actually turn out wrong.
- 31:22"Possibly" and "perhaps" are weather reports for people afraid of rain;
- 31:28leave them at the door. Go.
- 31:30Arthur Kline: Eli Navarro.
- 31:32Eli Navarro: Here's mine, Arthur:
- 31:33Judge Kelly grants the temporary restraining order within forty-eight hours, CNN,
- 31:37MS NOW and Politico are back in the briefing room by Monday,
- 31:41and the White House still never produces the written reason Sherrill v.
- 31:45Knight requires — it appeals instead.
- 31:47Process wins; paperwork never arrives.
- 31:49Arthur Kline: Nora Kessler.
- 31:51Nora Kessler: Sticking with Texas, Arthur.
- 31:53ERCOT's grid audit misses December,
- 31:56TCEQ issues zero new data-center permits before January 1st,
- 32:00and Abbott's directive still has no resumption date when the Legislature gavels in.
- 32:06The precaution outlives the study, and the servers outlive Texas.
- 32:11Arthur Kline: Grant Mercer.
- 32:12Grant Mercer: Let me take Iran, Arthur.
- 32:14No agreement by Thanksgiving.
- 32:15The Strait of Hormuz stays closed,
- 32:17Witkoff and Kushner log more hours through mediators,
- 32:20Trump says "annihilate" from another podium before Halloween —
- 32:24and Washington still hasn't written down a single term it would accept.
- 32:28The price list stays one-sided.
- 32:30Arthur Kline: Sloane Barrett.
- 32:32Sloane Barrett: The merger's mine, Arthur.
- 32:33The court signs the Paramount settlement and the deal closes before October 15th.
- 32:39The editorial-independence board holds zero public meetings before January 1st,
- 32:45and CNN loses at least one anchor to a "restructuring" by Thanksgiving.
- 32:51Grant's notary stamps it; nobody watches the dog.
- 32:55Arthur Kline: Four predictions,
- 32:56and not one of them requires anyone in Washington or Austin to write anything down —
- 33:02which is why they'll all hold.
- 33:04I'm Arthur Kline.
- 33:06THE AGORA IS ADJOURNED.