Latest / The Chuck ToddCast / Chuck’s Commentary - Trump Is Exhibiting 25th Amendment Behavior + Why Anti-Corruption Could Be A Powerful Electoral Issue
Transcript
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- 1:51Speaker 1: Hello there, Happy Wednesday, and welcome to another episode of
- 1:54Speaker 1: the Chuck Podcast. So got another loaded show today. The
- 1:58Speaker 1: guest is a gentleman named Jeff Clements. He's part of
- 2:01Speaker 1: an organization called American Promise. They are an organization that
- 2:07Speaker 1: is campaigning a state by state to get I think
- 2:11Speaker 1: they're up to twenty three state legislatures right now to
- 2:14Speaker 1: approve a constitutional amendment that would allow for regulation of
- 2:22Speaker 1: the financing of campaigns. Essentially thanks to Citizens United and
- 2:27Speaker 1: thanks to the belief in our judiciary system that money
- 2:30Speaker 1: is speech that without a constitutional amendment, there really is
- 2:36Speaker 1: no law that will successfully sort of get through the
- 2:42Speaker 1: courts and pass muster in order to limit the influence
- 2:46Speaker 1: of money. I think the debate about the First Amendment
- 2:49Speaker 1: is I think we are having a debate about amplification
- 2:53Speaker 1: of your right to free speech. I think we all
- 2:55Speaker 1: agree everybody's a right to free speech.
- 2:56Speaker 2: The question is.
- 2:58Speaker 1: Who's got the right to amplify who should have access
- 3:01Speaker 1: to amplification? How does that work? If you will, And
- 3:07Speaker 1: it's pretty simple. Well, we go through it quite a bit.
- 3:10Speaker 1: As you know. I've one of if I have a
- 3:14Speaker 1: pattern of guests that I will that I will default to.
- 3:19Speaker 1: It is those that are looking to improve the infrastructure
- 3:23Speaker 1: of the democracy. I've had a conversation about open primaries
- 3:27Speaker 1: and how do we get rid of partisan primaries. In
- 3:30Speaker 1: this case, I think there is agreement that we've gotten
- 3:34Speaker 1: sort of you know, we don't know how to do
- 3:38Speaker 1: anything anymore in moderation, right, we take a little thing
- 3:41Speaker 1: and we go to an extreme, right. I mean we
- 3:43Speaker 1: do this in society all the time. We should pay
- 3:46Speaker 1: players in college sports, yes, but the system we created
- 3:50Speaker 1: creates all sorts of essentially absurdities in the market. Should
- 3:56Speaker 1: sports betting be open to all fifty states instead of
- 4:00Speaker 1: the state of Nevada? I think we thought, okay, that's fair.
- 4:03Speaker 1: How we've allowed this system to populate and sort of
- 4:07Speaker 1: consume the lives of some people is kind of out
- 4:12Speaker 1: of control, right, every we go from we have a
- 4:17Speaker 1: system that seems to only know how to regulate when
- 4:20Speaker 1: we let things go to excess, right, We don't seem
- 4:25Speaker 1: to know how to do it that way. So in
- 4:29Speaker 1: this case, I think we all know now money and
- 4:31Speaker 1: politics has gotten crazy. Just to give you a sense
- 4:34Speaker 1: of it. In twenty twelve, I had this idea at
- 4:38Speaker 1: NBC to audit the two presidential campaigns after the fact,
- 4:46Speaker 1: Obama and Romney. And my thesis was, this was the
- 4:48Speaker 1: first time that both campaigns each spent a billion dollars.
- 4:54Speaker 1: It's the first billion dollar campaign. Obama had a billion,
- 4:59Speaker 1: Romney had kind of just under a billion, but if
- 5:01Speaker 1: you throw in all the outside money, it was Basically
- 5:04Speaker 1: it was the first time we had a billion. To
- 5:06Speaker 1: put that in perspective. In two thousand, both Al Gore
- 5:11Speaker 1: and George W. Bush were within state, within the system,
- 5:16Speaker 1: which meant it was publicly funded general election campaigns. Bush
- 5:20Speaker 1: did not take public funding during his primary campaign, but
- 5:22Speaker 1: he did during his general election campaign. Basically, it limited
- 5:27Speaker 1: both sides to sixty five million dollars, so we more
- 5:32Speaker 1: than ten x from the general election in twenty to
- 5:34Speaker 1: twenty twelve.
- 5:35Speaker 2: Well where are we today?
- 5:36Speaker 1: In twenty twenty five, North Carolina is likely to be
- 5:40Speaker 1: the first billion dollar Senate race. So in twenty twelve
- 5:42Speaker 1: we had a billion. We had one campaign spending a
- 5:45Speaker 1: billion dollars, so it combined two billion dollars. And now
- 5:48Speaker 1: we're gonna have one singular US Senate race. They might
- 5:52Speaker 1: not even decide the balance of power in the United
- 5:54Speaker 1: States Senate. Okay, cost a billion dollars. So we have
- 5:59Speaker 1: gotten to absurd degrees of money. And I think everybody's
- 6:06Speaker 1: fine with small donors populating these things. You're not going
- 6:09Speaker 1: to see many people say that that's a bad idea.
- 6:12Speaker 1: It's the large donations. It's the anonymity of the large donations, etc.
- 6:17Speaker 1: It is the idea that an outside group can essentially
- 6:22Speaker 1: spend more than the two actual campaigns combined, and they
- 6:26Speaker 1: can decide what the agenda is, not the actual voter
- 6:30Speaker 1: powered campaign. So, you know, we have created a system
- 6:33Speaker 1: that is definitely in need of some sort of regulation.
- 6:37Speaker 1: Congress is actually tried, but the courts have said they're
- 6:40Speaker 1: all unconstitutional. So if that's the case, then there really
- 6:43Speaker 1: is only one answer on the on campaign finance, and
- 6:47Speaker 1: it is that is that's why if you believe in
- 6:49Speaker 1: term limits, well those have all been struck down as unconstitutional.
- 6:52Speaker 1: It was a big movement in the nineties. A bunch
- 6:54Speaker 1: of states past term limits for members of Congress. None
- 6:57Speaker 1: of them pass constitutional muster because once you put in
- 7:02Speaker 1: age required, you know, it's sort of that was the
- 7:04Speaker 1: only there was. The only requirement was age in the constitution,
- 7:09Speaker 1: and so they were not considered constitutional. If you want
- 7:13Speaker 1: term limits in, you're going to have to put a
- 7:15Speaker 1: constitutional amendment in. We have one constitutional amendment that has
- 7:18Speaker 1: to do with term limits. It's term limits for the presidency.
- 7:21Speaker 1: So there are certain things where the judiciary decided to
- 7:27Speaker 1: overrule the legislative branch. And when it turns when it
- 7:30Speaker 1: comes to campaign finance laws, the judiciary has written the legislation.
- 7:37Speaker 1: They are legislating from the bench. There is nobody that
- 7:40Speaker 1: passed a law wanting super PACs. There is nobody that
- 7:42Speaker 1: passed the law that wanted unlimited money in politics. Those
- 7:45Speaker 1: laws did not pass, they were interpreted after legal rulings.
- 7:50Speaker 1: And so I think the case to put in to
- 7:55Speaker 1: put this in and it's interesting and you'll hear I
- 7:58Speaker 1: don't think this is you know, this gets you know,
- 8:01Speaker 1: we get to the you know where each party on this.
- 8:04Speaker 1: But there's an argument for both conservatives and progressives that
- 8:09Speaker 1: you want to you want to you want a fair fight,
- 8:11Speaker 1: and the way we finance our campaigns makes it where
- 8:15Speaker 1: there is no such thing as a as a fair fight.
- 8:17Speaker 1: So that's the conversation. I kind of think we're we're, uh,
- 8:22Speaker 1: we're on the cusp, as I've said before, where we're
- 8:26Speaker 1: going to get more and more interest in doing this
- 8:29Speaker 1: with our constitution. Can we get thirty eight states interested?
- 8:33Speaker 1: Can you get Congress to pass a law anyway? We
- 8:36Speaker 1: go through all the mechanics of this as well as
- 8:39Speaker 1: the larger idea with Jeff. I think it's for those
- 8:42Speaker 1: of you concerned about that issue, I think you will
- 8:44Speaker 1: enjoy that conversation. I'm also going to have my top
- 8:47Speaker 1: five list, and for those of you looking for a
- 8:49Speaker 1: holiday guide. In some ways, my Top five list will
- 8:53Speaker 1: serve a bit as a holiday guide buying guide for
- 8:58Speaker 1: the for the person who wants to feel extraordinarily well
- 9:03Speaker 1: informed about the zeitgeist of the world and of America.
- 9:08Speaker 1: I hope my Top five list will do that for you.
- 9:12Speaker 1: But before we begin, I want to pick up on
- 9:14Speaker 1: something that I did it, you know, which is, you know,
- 9:17Speaker 1: we're in one of those moments where we're trying to
- 9:20Speaker 1: figure out does this latest outrage mean anything, And of
- 9:24Speaker 1: course the outrage being you know, Donald Trump's just horrendous
- 9:32Speaker 1: comments about Rob Reiner and his wife and the death
- 9:36Speaker 1: and the murder of Rob Reiner and his wife. And
- 9:40Speaker 1: you know, in some ways it's not a new debate,
- 9:42Speaker 1: right Donald Trump has put us in this position before.
- 9:45Speaker 1: Donald Trump has embarrassed us collectively as a country, collectively,
- 9:49Speaker 1: as a society, collectively as a human species. Right he
- 9:52Speaker 1: just this is what he does. And I know that
- 9:58Speaker 1: we've been at these moments before or where he says
- 10:01Speaker 1: something so outrageous, Well this, you know, nobody can survive this, well,
- 10:05Speaker 1: nobody other than Donald Trump.
- 10:07Speaker 2: Right.
- 10:07Speaker 1: He seems to be teflon don on just about everything,
- 10:13Speaker 1: but the reaction on this one he has been fascinating
- 10:17Speaker 1: because it seemed as if it was a bridge too
- 10:19Speaker 1: far for a lot of people. And what he did,
- 10:22Speaker 1: especially so soon after the Charlie Kirk assassination, so soon after,
- 10:27Speaker 1: so many on the right targeted anybody who said anything
- 10:30Speaker 1: remotely negative about Charlie Kirk, you know, in some cases,
- 10:34Speaker 1: got him doxed, got him fired, cost them jobs, And
- 10:38Speaker 1: then all of a sudden, we have behavior modeled by
- 10:42Speaker 1: the President of the United States that if anybody else
- 10:45Speaker 1: behaved this way in the workplace, they'd be fired. Of course,
- 10:47Speaker 1: he's done this multiple times, right, this is not the
- 10:50Speaker 1: first time he's done something that if any of us
- 10:53Speaker 1: did it, it would cost us our marriage, it would
- 10:57Speaker 1: cost us relationships, it would cost us our jobs, it
- 11:00Speaker 1: would cost us our cost us our you know, whatever,
- 11:04Speaker 1: our whatever place we feel like we are in society,
- 11:08Speaker 1: you know, we might be shunned, we might be ostracized,
- 11:12Speaker 1: and frankly, in some of the behavior you know that
- 11:15Speaker 1: is that is it's sometimes the only the only thing
- 11:19Speaker 1: we have. You'd be shamed, right, We know that the
- 11:22Speaker 1: real superpower of Donald Trump is shamelessness. It's fascinating to
- 11:29Speaker 1: see on the heels of this story because I'll tell
- 11:33Speaker 1: you what, really what I couldn't shake with the with
- 11:37Speaker 1: the Reiner story with Trump. As appalling as the first
- 11:42Speaker 1: tweet was, it was the second it was the second
- 11:47Speaker 1: time he dealt with it when he when he sort
- 11:49Speaker 1: of reinforced the tweet on camera. Because I actually think
- 11:56Speaker 1: that this space signal a larger, more alarming issue that
- 12:01Speaker 1: if we take seriously people's concerns about Joe Biden and
- 12:05Speaker 1: his loan term, then we need to start taking seriously
- 12:09Speaker 1: about whether he's all there and how quickly you know
- 12:14Speaker 1: you're going to it's going to sound like I'm trolling him,
- 12:17Speaker 1: but you know, at what point is his behavior twenty
- 12:22Speaker 1: fifth Amendment alarming type of behavior? Because think about it
- 12:29Speaker 1: this way, there's probably two things that may have happened
- 12:32Speaker 1: in between Donald Trump tweeting what he did on social
- 12:35Speaker 1: on his truth social platform and reiterating what he said
- 12:40Speaker 1: on camera about Rob Reiner. One would two things happened
- 12:45Speaker 1: or didn't happen, right, Either somebody said to him, perhaps
- 12:49Speaker 1: it was the chief of staff, Suzie Wiles. We're going
- 12:51Speaker 1: to get to her in a minute, but perhaps it
- 12:55Speaker 1: was said, hey, you know at the Reiner stuffs, they'd
- 12:58Speaker 1: be careful that didn't you know, I don't know what
- 13:00Speaker 1: you intended to say.
- 13:02Speaker 2: It didn't play well.
- 13:03Speaker 1: Why don't you you know, express just straight up condolences
- 13:07Speaker 1: and sort of, you know, move on, or nobody said anything.
- 13:16Speaker 2: Either.
- 13:19Speaker 1: Either potential outcome is alarming to me. Why is it
- 13:25Speaker 1: alarming because either he was told don't do it again,
- 13:29Speaker 1: and he did it anyway, and he is that sort
- 13:32Speaker 1: of stubborn that caught up in his own filter bubble,
- 13:37Speaker 1: that delusional, right, or nobody has the guts to tell him, hey,
- 13:44Speaker 1: this is not good. Don't do it, don't talk about it.
- 13:47Speaker 2: Don't say it.
- 13:51Speaker 1: That's so either way, you have to ask yourself, oh
- 13:54Speaker 1: my god, what's going on here? And for me, it
- 13:56Speaker 1: is a different Donald Trump, you know, I know. So
- 13:59Speaker 1: with Joe Biden, when you know, as folks started making
- 14:03Speaker 1: the case asking questions about whether Biden was the same Biden,
- 14:07Speaker 1: you would show Biden clips doing interviews in twenty fifteen,
- 14:13Speaker 1: twenty fourteen, even twenty sixteen, and you would see, my god,
- 14:18Speaker 1: that's not even the same Joe Biden as twenty nineteen.
- 14:20Speaker 1: That's it was my impression. I spent a lot of
- 14:22Speaker 1: time at Joe Biden in twenty nineteen and twenty twenty
- 14:24Speaker 1: before the pandemic, and I thought he had definitely slowed down.
- 14:29Speaker 1: It was the same Joe Biden, but an older version,
- 14:31Speaker 1: and he definitely seemed to lack the same energy he
- 14:34Speaker 1: once had. He wasn't the glad hander. He was certainly
- 14:38Speaker 1: a talker, but he wasn't as fast as a.
- 14:39Speaker 2: Talker, you know.
- 14:40Speaker 1: There was definitely And then the difference between Joe Biden
- 14:43Speaker 1: circa twenty nineteen and circa twenty twenty three was even
- 14:45Speaker 1: more so. But the real contrast was between the Joe
- 14:49Speaker 1: Biden that I covered in the Obama era and the
- 14:52Speaker 1: Joe Biden that I was covering for the one term
- 14:55Speaker 1: of his presidency.
- 14:56Speaker 2: It was a big difference.
- 14:58Speaker 1: So in some way the questions were natural, Hey, he's
- 15:02Speaker 1: definitely getting older, you know, the younger Joe Biden would
- 15:07Speaker 1: be traveling the country. Why isn't older Joe Biden traveling?
- 15:10Speaker 1: And it was you know, they never wanted to say
- 15:11Speaker 1: it was because he can't, or because he gets tired,
- 15:14Speaker 1: or because they don't you know, it was always some
- 15:17Speaker 1: other excuse and things like that. It was definitely some
- 15:19Speaker 1: form of a you know, you can call it a
- 15:21Speaker 1: cover up, but it was definitely, you know, it was
- 15:26Speaker 1: definitely some form of rationalization for why there is they were.
- 15:30Speaker 1: They were certainly concerned and sensitive to the age issue,
- 15:33Speaker 1: sensitive to the idea that he wasn't and they were
- 15:36Speaker 1: kind of always trying to push back on this idea
- 15:38Speaker 1: that he wasn't up to the child, up to the job,
- 15:42Speaker 1: or as energetic as he once was. With Donald Trump,
- 15:46Speaker 1: it's admittedly a little bit harder, right because you know,
- 15:49Speaker 1: Donald Trump has had erratic behavior for years. Right, this
- 15:52Speaker 1: is not new his erratic behavior. And so as the
- 15:57Speaker 1: title of my substack goes, how will we know? Right,
- 15:59Speaker 1: we had a clear idea that something had changed about
- 16:02Speaker 1: Joe Biden because his speech text had changed. His energy
- 16:06Speaker 1: levels were clearly different. He was you know, more spry,
- 16:11Speaker 1: he was walking, he was younger, you know, all those things.
- 16:13Speaker 1: There were physical changes that you couldn't ignore and the
- 16:19Speaker 1: public side, right some eight you know, that's why the
- 16:22Speaker 1: numbers were consistently in the seventies and eighties, you know,
- 16:25Speaker 1: which is why I've just sort of, you know, the
- 16:27Speaker 1: false narrative that somehow the media was covering this up?
- 16:29Speaker 1: What is there to cover up? Media was the one
- 16:31Speaker 1: asking pole questions. Do I think there were some within
- 16:35Speaker 1: the White House Press score that could have been more aggressive? Absolutely?
- 16:38Speaker 1: But I kind of think, you know, we you know,
- 16:41Speaker 1: it's not like the media didn't show the footage. It's
- 16:43Speaker 1: not like the media didn't let you know he was
- 16:44Speaker 1: taking the short staircase. It's not like the med you know,
- 16:47Speaker 1: media didn't show you him shuffling around and tripping over sandbags, things.
- 16:50Speaker 2: Like that with trumpets. Admittedly a little harder.
- 16:55Speaker 1: Right, you know, when you see him behave erratically, you know,
- 16:59Speaker 1: but this was a moment with the Reiner thing where
- 17:03Speaker 1: ten years ago, you know, Donald Trump is no more
- 17:06Speaker 1: or less narcissistic today than he was ten years ago.
- 17:11Speaker 1: But ten years ago he was still sensitive to what
- 17:14Speaker 1: the public thought of him, and he didn't quite live
- 17:17Speaker 1: in his own bubble is filtered bubble that is more
- 17:20Speaker 1: so today than he's ever had before. He's got surrounded
- 17:24Speaker 1: by yes people and sycophans, who don't want I don't
- 17:27Speaker 1: think want to present him with the with reality if
- 17:30Speaker 1: reality the only show him reality when reality looks good
- 17:33Speaker 1: for him. They don't show him reality when it paints
- 17:36Speaker 1: an ugly picture for him. And so he definitely seems
- 17:40Speaker 1: more detached from reality today than he did when he
- 17:43Speaker 1: first entered the political arena. But you know, the Donald
- 17:48Speaker 1: Trump of ten years ago, when a celebrity died, his
- 17:52Speaker 1: narcissism would put him, would sort of link him up.
- 17:56Speaker 1: He would say, you know I was in his movies,
- 17:58Speaker 1: or you know I was able. You know, he's most
- 18:01Speaker 1: and in this case with Michelle Reiner who took the photo,
- 18:04Speaker 1: who was the photographer for the Art of the Deal
- 18:07Speaker 1: photo that Donald Trump posed for back in the eighties,
- 18:10Speaker 1: you know, the old Donald Trump, the guy who was
- 18:13Speaker 1: you know, just as shameless, but in that sort of
- 18:17Speaker 1: I've got something to sell you shamelessness would have said, boy,
- 18:21Speaker 1: her career would have been nothing without me, Her career
- 18:24Speaker 1: wouldn't have happened without me. They in some ways that
- 18:26Speaker 1: would have been the normal. Oh boy, there he goes, putting,
- 18:30Speaker 1: making everything about himself, which he always does, but sort
- 18:34Speaker 1: of within his own weird semi positively, it would at
- 18:38Speaker 1: least try to say, hey, they were successful, but he
- 18:41Speaker 1: would try to take credit for their success. This time,
- 18:47Speaker 1: he's in this really ugly place right where he just assumes,
- 18:52Speaker 1: you know, because by the way, imagine like, you know,
- 18:55Speaker 1: he because there's another alternative here that he said that
- 19:00Speaker 1: because he feared one of his supporters did this, which
- 19:03Speaker 1: in itself is such a warped version of thinking. Right,
- 19:06Speaker 1: can you imagine that he actually said it because that's
- 19:09Speaker 1: what he thought was going to be the case, That
- 19:13Speaker 1: in itself is troubling behavior. But you know, he's an
- 19:17Speaker 1: eighty year old man, and any of us with older
- 19:19Speaker 1: relatives have experienced the older relative with no filter or
- 19:23Speaker 1: with less filter who doesn't feel like they have to
- 19:27Speaker 1: round the edges of commentary anymore, that they can just well,
- 19:30Speaker 1: it doesn't matter, man, Grandpa's got to be grandpa, grandma's
- 19:33Speaker 1: got to be grandma, uncle's got to be uncle. Ann's
- 19:36Speaker 1: going to etcetera, etcetera. But he's president of the United States,
- 19:42Speaker 1: and we don't know when he blurts one of these
- 19:45Speaker 1: bizarre things that he says in front of a world
- 19:48Speaker 1: leader that actually changes the nature of our relationship with
- 19:53Speaker 1: said country. These are things that should concern us and
- 19:59Speaker 1: if you were is you know, do we have and
- 20:02Speaker 1: given what we just learned with the Vanity Fair story
- 20:06Speaker 1: that you know, it's funny with the Vanity Fair story,
- 20:10Speaker 1: it sort of confirms everything that I'd been hearing about
- 20:13Speaker 1: the role Susie Wilds plays that she is try She
- 20:16Speaker 1: is the sort of the reality you know, she's the
- 20:20Speaker 1: reality check. But she's got a light touch, right, She's
- 20:26Speaker 1: kind of a she sees things the way most normal
- 20:31Speaker 1: people see things. But she's gonna let the process play
- 20:35Speaker 1: out and just clean up the worst messes, you know,
- 20:38Speaker 1: just try to try to steer a choppy shift a
- 20:45Speaker 1: ship through choppy waters. And you know, they've sort of
- 20:52Speaker 1: given up on the small stuff, and I think they
- 20:56Speaker 1: would put mean tweets under the category of small stuff.
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- 22:37Speaker 1: life insurance is something you should really think about it,
- 22:40Speaker 1: especially if you've got a growing family. To me, it's
- 22:47Speaker 1: an alarming moment where you have to start the question
- 22:49Speaker 1: is he all there all the time? Is he so
- 22:53Speaker 1: consumed with himself? The fact that he can't concentrate all
- 22:57Speaker 1: the time? I bet the fact that in the Wall
- 23:01Speaker 1: Street Journal interview, he's doing an interview and then he
- 23:03Speaker 1: takes a call, and then the Interior Secretary, Doug Bergram,
- 23:07Speaker 1: wants to talk with him about remodeling the DC golf courses,
- 23:10Speaker 1: and you're what what And you're in the middle of
- 23:12Speaker 1: doing this interview. I mean, I appreciate that the journal
- 23:15Speaker 1: people told us about that. I mean, I think it's
- 23:18Speaker 1: a terrible look politically that he cares more about redesigning Washington,
- 23:22Speaker 1: DC's three public golf courses than he does about lowering
- 23:25Speaker 1: the price of electricity or lowering the price of groceries, right,
- 23:28Speaker 1: like you could those TV ads right themselves. But that's
- 23:32Speaker 1: also another sign of of sort of you know, where
- 23:36Speaker 1: you can't keep concentration, you can't keep focus that you're
- 23:40Speaker 1: sort of that you're erratic. Now again, he's kind of
- 23:43Speaker 1: been this way all the time, So it is going
- 23:46Speaker 1: to be harder. While it was easier us for us
- 23:49Speaker 1: to see sort of the the you know, we could
- 23:54Speaker 1: just see boy Biden used to be this, Now he's this.
- 24:00Speaker 1: That evolution of Trump is harder to fully appreciate because
- 24:04Speaker 1: he's kind of always been kind of outrageous, He'll always say,
- 24:07Speaker 1: but it was sort of it felt like it was
- 24:08Speaker 1: planned outrage in twenty fifteen, twenty sixteen, twenty seventeen. This
- 24:12Speaker 1: feels a lot more sort of unfiltered, unpasteurized, if you will,
- 24:19Speaker 1: on this front. But my point is is that for
- 24:23Speaker 1: all of those folks on the right that we're concerned
- 24:25Speaker 1: about whether or not the staff was running things, whether
- 24:29Speaker 1: it's about Joe Biden's faculties were all there, I would
- 24:33Speaker 1: argue the behavior we've seen of this president, particularly over
- 24:36Speaker 1: the last few months, given his age, given how quickly
- 24:40Speaker 1: this stuff happens. I mean, look, we are not getting
- 24:44Speaker 1: a straight story about his current health. You don't go
- 24:50Speaker 1: through as many he's had I think three annual physicals
- 24:55Speaker 1: this year. You get my point, right, That's what they
- 24:57Speaker 1: keep calling him, he keeps going back. They keep calling
- 25:00Speaker 1: a routine you know, you know, it's not routine going
- 25:03Speaker 1: back to the doctor more than once a year. I mean,
- 25:06Speaker 1: something out of the ordinary that they're concerned about the
- 25:14Speaker 1: fact that, you know, he seemed to tell us that
- 25:16Speaker 1: the last time he took a one of these cognitive tests,
- 25:21Speaker 1: there was an audience. That's interesting. Why was there an audience?
- 25:26Speaker 1: Why were there so many people observing this? What was
- 25:29Speaker 1: the concern? Were there more experts that were brought in?
- 25:35Speaker 1: It is, there is something different, and there is more
- 25:43Speaker 1: You can feel the sort of concern about I don't know,
- 25:47Speaker 1: you know, I'm not going you know, there's fear of
- 25:50Speaker 1: ever contradicting him. There's fear of pushing back at him.
- 25:54Speaker 1: There's fear of telling him news he doesn't want to hear.
- 25:58Speaker 1: These were all concerned that people had on the right,
- 26:02Speaker 1: in particular with Joe Biden in twenty twenty three and
- 26:05Speaker 1: twenty twenty four. So again, if you're looking to to
- 26:10Speaker 1: find out who's high on the hypocrisy scale of concern,
- 26:17Speaker 1: you know, watch the people that express the most concern
- 26:21Speaker 1: about Joe Biden's faculties. See pretty much everybody in primetime
- 26:25Speaker 1: on Fox News and ask them if this behavior were
- 26:30Speaker 1: at all being you know, if this were Biden a
- 26:34Speaker 1: second term of Biden behaving this way, I wonder what
- 26:37Speaker 1: the coverage would be on primetime of Fox right. But
- 26:41Speaker 1: in all, you know, snark aside, this unfiltered behavior is
- 26:47Speaker 1: alarming for either one of two things. One, he was
- 26:51Speaker 1: told this is not good and he still can't help himself,
- 26:55Speaker 1: which means he's got a self control issue. He's got
- 27:00Speaker 1: a staff so afraid of telling him bad news that
- 27:04Speaker 1: they won't do it, and therefore he was why he
- 27:08Speaker 1: ended up doubling down on this in the first place.
- 27:12Speaker 1: Whatever the answer is, neither is good for the country.
- 27:16Speaker 1: Neither is good, by the way, for the Republican Party.
- 27:19Speaker 1: And I'll ask you know, if JD. Van's and Marco
- 27:22Speaker 1: Rubio right, they're going to have to they want to
- 27:25Speaker 1: succeed this presidency, one of them does. Look at how
- 27:33Speaker 1: unhappy the voters are with the Democratic Party, even though
- 27:36Speaker 1: they're voting for Democrats right now. Right, we saw this
- 27:39Speaker 1: in Virginia, majority had an unfavorable view of the party. Well,
- 27:42Speaker 1: what's driven that? What what's driven that? Was this idea
- 27:45Speaker 1: that they all had their head in the sand when
- 27:47Speaker 1: it came to Biden in twenty twenty four. And there's
- 27:49Speaker 1: a lot of resentment among Democrats for how Democratic leaders
- 27:53Speaker 1: look the other way when there was an obvious, slow
- 27:56Speaker 1: motion train wreck taking place with the vot voters were
- 28:00Speaker 1: concerned about long before there was a debate between Trump
- 28:04Speaker 1: and Biden on June twenty seventh, twenty twenty four. The
- 28:10Speaker 1: voters have been pretty angry about it. You know, I
- 28:13Speaker 1: think if you want to know why there's such limited
- 28:16Speaker 1: trust in Chuck Schumer by fellow Democrats and Akeem Jeffries,
- 28:20Speaker 1: it's the entire Democratic leaders in Washington are just seen
- 28:24Speaker 1: as somehow they were in kahoots and they had their
- 28:28Speaker 1: head in the sand when it came to the Biden thing. Well,
- 28:30Speaker 1: these same voters are going to have the same reaction
- 28:35Speaker 1: if it appears that Trump progressively gets worse, his behavior
- 28:40Speaker 1: gets more erratic, you have sort of more you know,
- 28:45Speaker 1: enablers not wanting to either say something, and you know
- 28:51Speaker 1: we're finding out today. Look the few sober quotes that
- 28:56Speaker 1: Susie Wiles did give a reporter and this case a
- 29:00Speaker 1: biographer and Chris Whipple. She didn't like what it looked
- 29:05Speaker 1: like once they went public, and there's a fear that
- 29:12Speaker 1: the president can't handle any sort of criticism or analytical criticism,
- 29:18Speaker 1: or even just sort of acknowledging when there are tough
- 29:23Speaker 1: moments or when there are awkward things that happen in
- 29:25Speaker 1: the administration, which only serves to concern me that when
- 29:33Speaker 1: you really need somebody to step in, are they going
- 29:36Speaker 1: to be willing to do it? Are they going to
- 29:38Speaker 1: be willing to say, hey, man, the emperor has no
- 29:41Speaker 1: clothes here. We have got to acknowledge this. We cannot
- 29:45Speaker 1: continue to pretend this isn't happening. I think it's a
- 29:51Speaker 1: legitimate concern, and I think in some ways the president's
- 29:55Speaker 1: own behavior, the odd things he has said about his
- 29:58Speaker 1: own health, and then the erratic nature of what he
- 30:01Speaker 1: did with Reiner and some other folks. I think this
- 30:06Speaker 1: is a storyline that's only going to grow. And you know,
- 30:09Speaker 1: he's not getting younger, This is not going to get better.
- 30:13Speaker 1: This is only going to become more obvious. Look, we
- 30:18Speaker 1: don't see him travel the country, and I think there's
- 30:20Speaker 1: a reason for it. Right, just like with Joe Biden,
- 30:24Speaker 1: you got to ask yourself, boy, Normally in a president
- 30:27Speaker 1: in this situation would be traveling the country to try
- 30:29Speaker 1: to sell his agenda and he's not doing it.
- 30:31Speaker 2: Why is that right?
- 30:34Speaker 1: That is what began the conversation for folks who were
- 30:38Speaker 1: concerned about whether Biden was up to the job. Certainly
- 30:40Speaker 1: not up for a second term. He couldn't do the
- 30:42Speaker 1: job to self to sell his agenda in the first term. Well,
- 30:46Speaker 1: I think we've entered that same situation. And again, if
- 30:51Speaker 1: you were truly concerned about Biden because of his physical
- 30:54Speaker 1: ailments and not due to your own politics, then you
- 30:57Speaker 1: should be equally alarmed by the currents situation with our
- 31:01Speaker 1: current president and the situation that he's in. Now. All right,
- 31:07Speaker 1: before I go to my interview, I want to share
- 31:10Speaker 1: with you a poll that came to me via the
- 31:14Speaker 1: search Light Institute. Now, if you recall that may seem
- 31:17Speaker 1: familiar to some of you listeners out there, I had
- 31:20Speaker 1: interviewed the founder of search Light Institute, which is search
- 31:24Speaker 1: Light is the hometown search Light, Nevada is the hometown
- 31:27Speaker 1: of Harry Reid. Adam Gentilssen, of former Harry Reid staffer,
- 31:31Speaker 1: started this up and it's basically an attempt to try
- 31:34Speaker 1: to move the Democratic Party in a more pragmatic direction.
- 31:39Speaker 1: I wouldn't even say ideologically moderate, just more of a
- 31:42Speaker 1: mainstream sort of try to make the party more big
- 31:46Speaker 1: ten again between progressive in the center a little bit
- 31:51Speaker 1: and so. But they did a poll on corruption, and
- 31:55Speaker 1: why I find it interesting, it's sort of it was
- 31:59Speaker 1: sort of the question is what is corrupt? What do
- 32:02Speaker 1: the voters think is corrupt versus sort of what the
- 32:06Speaker 1: definition perhaps we in the media have, you know, you know,
- 32:10Speaker 1: when I say think of the word corrupt, I think
- 32:11Speaker 1: of like, who's ripping off taxpayers? Right? But what's interesting
- 32:18Speaker 1: is what the voters themselves view as corrupt. And they
- 32:22Speaker 1: asked a terrific question, and the question was this, if
- 32:26Speaker 1: you describe a politician as corrupt, what are you saying
- 32:29Speaker 1: about them? And then they offer, please select one that
- 32:32Speaker 1: comes closest to your view, and the number one answer
- 32:36Speaker 1: was not somebody that was stealing taxpayer dollars. It was
- 32:40Speaker 1: using public office for personal financial gain.
- 32:43Speaker 2: Right.
- 32:43Speaker 1: That could mean insider trading on stocks. That could mean
- 32:46Speaker 1: finding out that you're buying a piece of property that's
- 32:49Speaker 1: about to be zone for a government funded highway or
- 32:53Speaker 1: something like this, that somehow your net worth grows that
- 32:58Speaker 1: your own relatives get to start a lobbying business and
- 33:02Speaker 1: use your last name to get on a board, say
- 33:06Speaker 1: with a company in Ukraine, or they use your last
- 33:11Speaker 1: name to start a meme coin and you make money
- 33:13Speaker 1: off of the crypto market. Jeez, I don't know what
- 33:16Speaker 1: two families might might have qualified for that, but that
- 33:19Speaker 1: was the number one definition of corrupt. The number two
- 33:24Speaker 1: most popular definition of corrupt politician was this they change
- 33:28Speaker 1: rules to hold onto power instead of improving lives. Well,
- 33:32Speaker 1: basically that's re redistricting. They simply want to pick voters,
- 33:36Speaker 1: pick voters that they don't have to persuade. They pick
- 33:40Speaker 1: more voters that are already on their side, so they
- 33:42Speaker 1: don't have to do the hard work of representative democracy.
- 33:45Speaker 2: Right.
- 33:45Speaker 1: That was the second most popular. The third most popular
- 33:49Speaker 1: definition was they only serve wealthy donors instead of regular people. Well,
- 33:53Speaker 1: I just told you about we're going to have our
- 33:55Speaker 1: first billion dollar center rights. Do you think that ten
- 33:59Speaker 1: dollars donor to a Senate race as much as one
- 34:02Speaker 1: hundred million dollar or even the one the ten million
- 34:06Speaker 1: dollar donor I've had. I've had donor sources of mine
- 34:09Speaker 1: who only give six figure donations okay, which for just
- 34:15Speaker 1: about all of us, writing a check for one hundred
- 34:18Speaker 1: thousand dollars or more is a lot of money. Okay,
- 34:23Speaker 1: you know, that's purchasing a home type of money that
- 34:26Speaker 1: you write that to send your kid to college type
- 34:29Speaker 1: of money. And they're considered they're not considered big donors anymore.
- 34:33Speaker 1: They're just considered middle class donors.
- 34:37Speaker 2: Okay.
- 34:39Speaker 1: You know, a lawmaker will spend a lot more time
- 34:43Speaker 1: persuading that finding a ten one ten million dollar donor
- 34:48Speaker 1: then they will looking for one thousand, one hundred thousand
- 34:51Speaker 1: dollar donors because that's you know, it's the law of efficiency.
- 34:55Speaker 2: Right.
- 34:57Speaker 1: The fourth most popular is they let corporate influence overwhelm
- 35:00Speaker 1: the influence of voters. Arguably that's arguably the big donors.
- 35:04Speaker 1: And then in the single digits you have they trade
- 35:06Speaker 1: favors with lobbyists or special interests. They cater only to
- 35:09Speaker 1: the extremes that don't look out for everyone. What's interesting
- 35:11Speaker 1: is that none of the definitions were they steal money.
- 35:15Speaker 2: Right.
- 35:16Speaker 1: So the point is is that what the word you know,
- 35:19Speaker 1: and I it is what the voters think is corrupt
- 35:24Speaker 1: is fascinating, and I think that it is in some ways.
- 35:29Speaker 1: It is sort of like you're you're you're ripping off
- 35:31Speaker 1: the democracy, right. And what I appreciate about this about
- 35:36Speaker 1: where the donors are the voters are on this. Listen
- 35:38Speaker 1: to me, the donors the voters are on this, is
- 35:42Speaker 1: that they're a little more sophisticated on what's corrupt. They
- 35:45Speaker 1: say that, hey, that that corrupts the democracy, that gets
- 35:49Speaker 1: in the way of you representing the average person. And
- 35:53Speaker 1: this is a case where the voters are ahead of
- 35:55Speaker 1: the politicians, right. The politicians don't speak of corruption this way. Right,
- 36:00Speaker 1: they speak of corruption like breaking the law, corruption thinking,
- 36:03Speaker 1: because I think they're all afraid that if you define
- 36:06Speaker 1: corruption the way the public defines it, which is profiting,
- 36:09Speaker 1: you know, having you know, essentially personal financial gain while
- 36:16Speaker 1: serving in office, you know, trying to just stay into office,
- 36:20Speaker 1: always worrying about raising money, always catering to donors. A
- 36:25Speaker 1: lot of politicians, if you said, do you think that's corrupt, like, wow,
- 36:30Speaker 1: the system's corrupt, but I'm not, you know, they might
- 36:32Speaker 1: blame the system.
- 36:33Speaker 2: They wish they wouldn't do it that way.
- 36:35Speaker 1: But the fact that voters think this is anyway just
- 36:38Speaker 1: it's interesting and it also tells me that voters are man,
- 36:41Speaker 1: the pitchforks are out, the pitchforks are ready, and I
- 36:44Speaker 1: don't think.
- 36:45Speaker 2: I do not think.
- 36:48Speaker 1: Large corporations and the tech industry is aware of this
- 36:52Speaker 1: and is ready for what's coming. And I certainly think
- 36:57Speaker 1: leaders in both parties don't fully appreciate it.
- 37:00Speaker 2: Here's another question that came through that I want to
- 37:02Speaker 2: share it.
- 37:02Speaker 1: How well do you think government serves each of the
- 37:05Speaker 1: following groups? Okay, the very wealthy, eighty six percent said
- 37:10Speaker 1: they think government serves the very wealthy somewhat or very well,
- 37:15Speaker 1: eighty six percent. About businesses, all right, seventy four percent
- 37:22Speaker 1: say the government serves it serves businesses somewhat or very well.
- 37:29Speaker 1: How about racial and ethnic minorities, Well, guess what, Only
- 37:32Speaker 1: thirty six percent believe government serves them well. Fifty seven
- 37:37Speaker 1: percent believes they do not serve racial or ethnic minorities
- 37:43Speaker 1: very well at all, or not well at all completely
- 37:46Speaker 1: or not not well completely all. How about you personally?
- 37:50Speaker 1: You personally, that number is thirty is just under forty percent.
- 37:55Speaker 1: So this isn't one of those cases where well, I
- 37:59Speaker 1: think Congress is, but I like my member of Congress,
- 38:01Speaker 1: I don't think Congress looks out for the interest of
- 38:04Speaker 1: everybody else, but they also look out for me. Nope,
- 38:08Speaker 1: you know they most people think they they're served slightly
- 38:12Speaker 1: better in government than racial and ethnic minorities, but not
- 38:14Speaker 1: too well. And then when you throw out ordinary people,
- 38:18Speaker 1: that number is.
- 38:22Speaker 2: That means.
- 38:24Speaker 1: Three and four voters believe ordinary people are not served
- 38:29Speaker 1: well at all in some form or another by government.
- 38:33Speaker 2: What it tells you is that there's a.
- 38:36Speaker 1: There's an appetite out there for government reform, for democracy reform.
- 38:41Speaker 1: You just have to frame it in a way that
- 38:45Speaker 1: just say, hey, do you want government to serve you better?
- 38:48Speaker 1: This is why it doesn't serve you well. The system
- 38:51Speaker 1: is rigged against you, which I think the folks believe
- 38:54Speaker 1: the system is rigged against them. They just have yet
- 38:57Speaker 1: to find a politician that has sold them a struck
- 39:00Speaker 1: sure that makes sense and that they believe will work.
- 39:02Speaker 2: Right.
- 39:03Speaker 1: That I think is the missing piece here, right. Bertie
- 39:06Speaker 1: Sanders and a Donald Trump have convinced seventy percent of
- 39:09Speaker 1: America that the system's rigged against them. Okay, that's that's
- 39:12Speaker 1: the beginning. What there is an agreement on is whether
- 39:15Speaker 1: government itself is redeemable to do it, and whether it's
- 39:21Speaker 1: you're going to need a singular individual.
- 39:24Speaker 2: That's what Donald Trump believes that.
- 39:26Speaker 1: You can't the system can't be trusted to do it,
- 39:30Speaker 1: versus Bertie Sanders, who said, well, you got topend the
- 39:32Speaker 1: entire system, but then the system can be can be
- 39:37Speaker 1: can be trusted on this. Here's one more question to
- 39:41Speaker 1: share with you, just to show you.
- 39:44Speaker 2: The definition of how.
- 39:45Speaker 1: Much corruption do you think there is in the Trump administration? Well,
- 39:49Speaker 1: among independents, forty percent said there's a great deal and
- 39:53Speaker 1: another twelve percent said there's a moderate amount. So fifty
- 39:56Speaker 1: two percent said there's at least a great deal or
- 39:59Speaker 1: a moderate amount of coruption in the Trump administration. And
- 40:02Speaker 1: if you throw in the nine percent that say a
- 40:03Speaker 1: small amount, right, so there's only thirty nine percent says
- 40:07Speaker 1: that there's no corruption at all in the Trump administration.
- 40:10Speaker 1: All right, but guess what how much corruption do you
- 40:13Speaker 1: think there was in the Biden administration? Well, twenty eight
- 40:17Speaker 1: percent said there was a great deal, another thirteen percent
- 40:21Speaker 1: said there was a moderate amount, another twelve percent said
- 40:23Speaker 1: there was a small amount, Which means you had a
- 40:26Speaker 1: majority that believed there was some corruption. You only had
- 40:29Speaker 1: forty seven percent. So you have thirty nine percent believe
- 40:32Speaker 1: there's no corruption in Trump administration, and you have forty
- 40:35Speaker 1: seven percent believing there's no corruption. This is just among independents,
- 40:39Speaker 1: but a majority of independents believe there's some form of
- 40:41Speaker 1: corruption in the Biden administration. A majority of independents say
- 40:45Speaker 1: there's some form of corruption in the Trump administration. Look,
- 40:49Speaker 1: the point they're trying to say. I think the point
- 40:54Speaker 1: that Searchlight is trying to say is we look framing.
- 41:00Speaker 1: Framing reform issues through the lens of corruption might get
- 41:03Speaker 1: people's attention better. Right, if you talk about the financing
- 41:08Speaker 1: of campaigns through a through the prism of corruption. If
- 41:12Speaker 1: you talk about the lack of regulation of big tech
- 41:15Speaker 1: through the prism of corruption, if you talk about entrenched
- 41:19Speaker 1: power in term limits through the prism of corruption, you're
- 41:24Speaker 1: more likely to get an audience to listen to you,
- 41:27Speaker 1: and most importantly, you're going to be able to talk
- 41:30Speaker 1: to the voters who are the most skeptical of the
- 41:33Speaker 1: two parties right now, those that are self described independence
- 41:36Speaker 1: are no parties. So anyway, in this moment that we're
- 41:39Speaker 1: living in, right, we're basically, you know, we've got back
- 41:45Speaker 1: to back presidencies where we're not quite sure that the
- 41:48Speaker 1: actual president you know, is up to the job, you know,
- 41:53Speaker 1: has the temperament of the faculties to do the job
- 41:55Speaker 1: the way it needs to be done. You also then
- 42:00Speaker 1: have a growing coalition of voters that are believing the
- 42:04Speaker 1: system itself is rotting. And this is this Look.
- 42:09Speaker 2: Yes, it's about.
- 42:10Speaker 1: Affordability at home, and in order to speak to a
- 42:13Speaker 1: certain segment of voters, you're going to have to make
- 42:15Speaker 1: it about that. But connecting the struggle to affordability through
- 42:21Speaker 1: corruption is potentially a potent force. And I will just
- 42:25Speaker 1: tell you this. Anytime we've had big changes in election,
- 42:28Speaker 1: big midterm waves, there's always been an element of corruption
- 42:33Speaker 1: that has helped fuel it. You know, in nineteen ninety four,
- 42:36Speaker 1: we had members of Congress. We were just two years
- 42:39Speaker 1: removed from a check where members of Congress could bounce
- 42:42Speaker 1: checks without having a bank account. It was just weird
- 42:45Speaker 1: system where only Congress could write checks for money that
- 42:47Speaker 1: they didn't have.
- 42:49Speaker 2: It was crazy.
- 42:50Speaker 1: And if you want to know more about it, you know,
- 42:52Speaker 1: I'll go back on my time machine in a couple
- 42:54Speaker 1: months we'll talk about it. But but go take a
- 42:57Speaker 1: look in two thousand and six, there was sort of
- 43:00Speaker 1: the corruption of Jack Abramoff and Tom Delay was that
- 43:04Speaker 1: arguably in twenty ten and in twenty fourteen, Republicans were
- 43:10Speaker 1: using more of sort of the fear of sort of
- 43:12Speaker 1: the growth of government. It was less so less so
- 43:15Speaker 1: corruption fueling that one. But when you see for the
- 43:19Speaker 1: most our corruption usually plays role, especially when you see
- 43:23Speaker 1: a total flip. Right ninety four, both the House that
- 43:26Speaker 1: Republicans went, both the House and the Senate. There was this,
- 43:29Speaker 1: you know, movement for term limits, movement for against entrenched power.
- 43:32Speaker 1: You had the check bouncing scandal, et cetera. Two thousand
- 43:35Speaker 1: and six also saw both houses flip. In this case
- 43:38Speaker 1: it was Republican a Democrat, you know, the addition of
- 43:41Speaker 1: the Jack Abramoff stuff and sort of the takeover of
- 43:44Speaker 1: K Street.
- 43:45Speaker 2: You know that had it.
- 43:46Speaker 1: And I do think that is a potential potent force
- 43:48Speaker 1: here if if Democrats figure out how to tap into
- 43:53Speaker 1: it in a credible way. Right, It's important It's important
- 43:57Speaker 1: to note they think, you know, independence think Trump's corrupt,
- 44:01Speaker 1: more corrupt than Biden.
- 44:02Speaker 2: But they also.
- 44:03Speaker 1: Majority thought the Biden administration was corrupt too, So it's
- 44:07Speaker 1: not the easiest road for Democrats to go down. But
- 44:10Speaker 1: it will make sense if you're a new candidate, if
- 44:12Speaker 1: you're somebody without the baggage of a previous era, a
- 44:16Speaker 1: previous entity, or a previous administration. Do you hate hangovers,
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- 45:45Speaker 1: got my top five list. It is Wednesday to Top
- 45:50Speaker 1: five top estop and I thought i'd give you the
- 45:57Speaker 1: opportunity to give you maybe the Chuck Todd Holiday Book
- 46:02Speaker 1: buying gift guide, if you will. These are five books
- 46:05Speaker 1: that I think are worth reading this year. Doesn't mean
- 46:10Speaker 1: they are my five favorite books of the year, but
- 46:12Speaker 1: they were five books that I found informative, important.
- 46:16Speaker 2: Or interesting or a little bit of both.
- 46:21Speaker 1: So number five on that list is a book that
- 46:26Speaker 1: did not come out this year. It actually came out
- 46:28Speaker 1: a few years ago, and it's not a book that
- 46:32Speaker 1: got a lot of attention. But it is now a
- 46:35Speaker 1: book that I would recommend to anybody that works in
- 46:38Speaker 1: the world of finance or works in the world of business,
- 46:42Speaker 1: that they need to go pick up a copy in
- 46:44Speaker 1: the next few weeks and read. And it is called
- 46:47Speaker 1: The Drift, and it is by Kevin Hassett. So why
- 46:50Speaker 1: do I say you need to write this book read
- 46:52Speaker 1: this book? Well, this is a book that got very
- 46:55Speaker 1: little attention when it came out. He wrote this book
- 47:00Speaker 1: probably assuming he was never going to work in another
- 47:03Speaker 1: Trump administration. The book came out just after the twenty
- 47:05Speaker 1: twenty election. Kevin Hassett worked in the first trumpet. He's
- 47:08Speaker 1: one of the few people that worked in a high
- 47:11Speaker 1: profile position in the first Trump administration as an economic
- 47:14Speaker 1: advisor and has made it to a second Trump administration.
- 47:18Speaker 1: It's basically him. Steven Miller, right, and I guess Russell
- 47:24Speaker 1: Voight was was there, but more in a in a
- 47:28Speaker 1: lower capacity. But Kevin Hassett very well, maybe the next
- 47:32Speaker 1: chair of the Federal Reserve, and so understanding his worldview
- 47:39Speaker 1: and much of his worldview, he's sort of The point
- 47:42Speaker 1: of The Drift is he basically defends the Trump era,
- 47:47Speaker 1: defends his work with Trump and the Trump era. As look,
- 47:50Speaker 1: there may be a lot of things not to like
- 47:52Speaker 1: about Donald Trump the person, which he's sort of, which
- 47:55Speaker 1: he hinsid in this book, but that he was a
- 47:58Speaker 1: necessary correction for what was a drift towards socialism that
- 48:02Speaker 1: was taking place not just inside the Democratic Party but
- 48:05Speaker 1: in various institutions of academy and the media, etc. It
- 48:09Speaker 1: is how he frames his book. Regardless of whether you
- 48:13Speaker 1: agree with that framing or not, I would argue, if
- 48:17Speaker 1: you want to be a well informed person about understanding
- 48:22Speaker 1: where's the FED going, what does Hassett believe? How does
- 48:27Speaker 1: he interpret Trump's beliefs? How does he defend Trump? Kevin
- 48:31Speaker 1: asked somebody who sort of came up in the world
- 48:34Speaker 1: of the same world that Alan Greenspan came up through.
- 48:37Speaker 1: You know, he was sort of an acolyte at times
- 48:40Speaker 1: of green Span. So I think it is It is
- 48:45Speaker 1: as illuminating as any ex staffer book is going to be,
- 48:49Speaker 1: because what this book wasn't unlike say Pence's book or
- 48:55Speaker 1: John Bolton's book. It is it's a total evisceration of
- 49:02Speaker 1: Donald Trump. It is more of an observation. You know,
- 49:06Speaker 1: there's he takes pride. So it is not an antagonistic
- 49:10Speaker 1: book on Trump, but I think it's one of these.
- 49:15Speaker 1: I don't think people realized he wrote a book. It
- 49:17Speaker 1: didn't get a lot of attention. It's you know, it's
- 49:21Speaker 1: it's not the I'm not going to tell you it's
- 49:24Speaker 1: the world's greatest read, but I think it's an important read.
- 49:27Speaker 1: I know some of you listen to my podcast just
- 49:30Speaker 1: for you know, whether you love or hate the direction
- 49:35Speaker 1: I take this podcast. You were looking for usable information, Well,
- 49:40Speaker 1: I would tell you reading this book will give you
- 49:43Speaker 1: plenty of usable information to navigate a FED and a
- 49:48Speaker 1: central bank that could be run by Kevin Hassett. And
- 49:52Speaker 1: you get to get ahead of the game, get to
- 49:54Speaker 1: know the book before senators start asking him questions during
- 49:57Speaker 1: his confirmation hearing about the book. All right, so that's
- 50:01Speaker 1: number five. Number four is the Mark Twain book by
- 50:05Speaker 1: Ron Churnout. I enjoyed it for the most part, but
- 50:10Speaker 1: I'll be honest, not as much as I enjoyed his
- 50:12Speaker 1: Grant Book. I did enjoy his Grant Book more, but
- 50:15Speaker 1: I learned a lot about Mark Twain, and in some ways,
- 50:17Speaker 1: Mark Twain is arguably, you know, the closest thing that
- 50:22Speaker 1: we had in the nineteenth century to a quote unquote influencer, right,
- 50:25Speaker 1: an outsider and outside force who could who could stir
- 50:30Speaker 1: the pot of the country and could galvanize the country
- 50:36Speaker 1: on certain issues if he so chose. You know, now
- 50:40Speaker 1: we have a million Mark Twain's right. You know, would
- 50:43Speaker 1: today's Mark. Would Mark Twain himself be on YouTube? He
- 50:47Speaker 1: probably would. He certainly would have a Would he have
- 50:49Speaker 1: a podcast or would he be more.
- 50:51Speaker 2: Of a monologue kind of guy?
- 50:52Speaker 1: Right? Would he interview others or would he just simply
- 50:55Speaker 1: opine on a given day?
- 50:59Speaker 2: But it's a.
- 51:03Speaker 1: I enjoy sure now because he's what I do. The
- 51:08Speaker 1: best part of his books. It isn't just learning more
- 51:11Speaker 1: about the individual he's talking about, but he's just does
- 51:16Speaker 1: a great job of capturing the era as well. You know,
- 51:19Speaker 1: it's the little details, it's that stuff, trying to understand
- 51:23Speaker 1: the world that these folks were living in at the time,
- 51:27Speaker 1: not just trying to understand the psyche of them in
- 51:31Speaker 1: that moment. So but I think that Twain in some
- 51:36Speaker 1: ways the quintessential American, a model for so many, so
- 51:41Speaker 1: many of us, good, bad or otherwise just a it's
- 51:45Speaker 1: a timely it's a timely moment. It's timely, you know
- 51:49Speaker 1: it's it's timely. It's a wrong word. No, it's more
- 51:51Speaker 1: of a timeless biography, if you will. But I think
- 51:55Speaker 1: an important one, and it came out this year, so
- 51:58Speaker 1: I definitely think it should be on your gift liss.
- 52:02Speaker 2: Number three is one that you may not be surprised.
- 52:05Speaker 1: That I'm pushing again, and it's the right Thompson book
- 52:09Speaker 1: called The Barn. I don't know if it technically came
- 52:11Speaker 1: out this year or not. I don't think it did.
- 52:14Speaker 1: I think it came out last year. But as you know,
- 52:18Speaker 1: you know it's this first of all, it's just this
- 52:23Speaker 1: is a really just a great book to read. It
- 52:25Speaker 1: is if you want to write, what it's like to
- 52:29Speaker 1: read somebody who just is just better with words than
- 52:33Speaker 1: most people in your life are.
- 52:35Speaker 2: That's right Thompson.
- 52:38Speaker 1: And I love I hope you had a chance to
- 52:41Speaker 1: listen to the interview with him. Those of you that did,
- 52:45Speaker 1: I'm sure you've already bought the book. It is such
- 52:48Speaker 1: a compelling read. But the sort of the idea behind
- 52:52Speaker 1: the book, right that here was something that happened within
- 52:55Speaker 1: twenty five miles of where he grew up right. Emmett
- 52:58Speaker 1: Till killed in a barn just within essentially the same
- 53:01Speaker 1: neighbor you know, in the same larger community that he
- 53:04Speaker 1: grew up in, that right Thompson grew up in, and
- 53:06Speaker 1: he didn't know anything about it. It's amazing how little
- 53:10Speaker 1: of our own, a little of our local history. We
- 53:12Speaker 1: sometimes know the good or the bad history. And so
- 53:19Speaker 1: in some ways, reading the book, I hope a lesson
- 53:22Speaker 1: to hey, don't forget to look around where you live.
- 53:24Speaker 1: Don't forget to learn the history of your own neighborhood.
- 53:27Speaker 1: You may be surprised on how much you learn and
- 53:29Speaker 1: how much it may matter in the in the grand
- 53:32Speaker 1: scheme of things. So that's number three. Number four on
- 53:35Speaker 1: my list is one hundred and seven Days Kamala Harris's
- 53:39Speaker 1: memoir about her campaign.
- 53:42Speaker 2: Look.
- 53:42Speaker 1: I've spent a lot of time talking about the book
- 53:44Speaker 1: when it came out, but I did enjoy it. I
- 53:49Speaker 1: you know, we can debate whether this was good for
- 53:51Speaker 1: her future political career or bad for her future political career, but.
- 53:55Speaker 2: Guess what it felt like. It was.
- 53:58Speaker 1: Sometimes these memoirs are so dishonest art or they're honest,
- 54:03Speaker 1: but they're but they're sanitized. This didn't feel very sanitized.
- 54:08Speaker 1: This felt different, and you know, it's interesting about her.
- 54:12Speaker 2: I was having this.
- 54:14Speaker 1: Conversation with Crystalism and he said, you know, who had
- 54:16Speaker 1: the He asked who had the worst, best or worst
- 54:19Speaker 1: twenty twenty eight. You know, we both agreed that Gavin Newsom,
- 54:23Speaker 1: for anybody think about running for president of the Democratic side,
- 54:25Speaker 1: Gavin Newsom probably had the best twenty twenty eight. He
- 54:29Speaker 1: believes that Kamala Harris at the worst. I don't. I
- 54:33Speaker 1: disagreed with him on it. I understood the case saying, well,
- 54:36Speaker 1: you know, she made everybody mad, and it's true, right,
- 54:39Speaker 1: she seems to have she seems to have thrown a
- 54:43Speaker 1: few matches at a few of the bridges that she's
- 54:46Speaker 1: crossed over the years. Right then, maybe she burned a
- 54:49Speaker 1: bridge with Biden World, Maybe she burned a bridge with
- 54:51Speaker 1: Josh Shapiro, Maybe she burned a bridge with Mark Kelly.
- 54:54Speaker 1: Maybe she burned a bridge with Gavin Newsom. But there
- 55:01Speaker 1: was another part of me that was surprised at her
- 55:03Speaker 1: candor and she didn't play the type. You know, she's
- 55:07Speaker 1: been a politician that's been very careful over the years,
- 55:10Speaker 1: and she chose to be less careful in this memoir.
- 55:13Speaker 1: Is this a different Kamala Harris? Is this the beginning
- 55:17Speaker 1: of a different relationship she wants to have with with
- 55:19Speaker 1: her political career, a different way she would go about
- 55:22Speaker 1: running for office.
- 55:24Speaker 2: The point is is that I think there's.
- 55:26Speaker 1: A lot to learn about one hundred and scent about
- 55:28Speaker 1: sort of the state of the Democratic Party Circle twenty
- 55:30Speaker 1: twenty four. But I found it quite compelling, and it was,
- 55:38Speaker 1: you know, not a hard read. Especially you know, it
- 55:41Speaker 1: was sort of like it's like reading the director's notes
- 55:44Speaker 1: on a movie you already saw, but in some ways
- 55:47Speaker 1: the director's notes help you understand the movie even a
- 55:50Speaker 1: little bit better.
- 55:53Speaker 2: I think you will.
- 55:55Speaker 1: You're not wasting your time by reading this book. I
- 55:58Speaker 1: think there's something to learn the number one book, and
- 56:01Speaker 1: I'm in the middle of it now, but I think
- 56:03Speaker 1: it is absolutely consequential reading Sarka twenty twenty five is
- 56:09Speaker 1: a book called Fateful Hours. It is by Vulkar Ulrich
- 56:13Speaker 1: and it's been translated from the original German by a
- 56:16Speaker 1: gentleman named Jefferson Chase, and it is a new take
- 56:20Speaker 1: on the collapse of the Weimar Republic, the democracy that
- 56:24Speaker 1: was in place after World War one and before the
- 56:27Speaker 1: rise of Hitler. Why did it fall? How did it collapse?
- 56:31Speaker 1: What were the warning signs. There's a lot of commentary
- 56:35Speaker 1: about how democracies fail, how republics die. Well, this is
- 56:42Speaker 1: an example of a republic that died one hundred years
- 56:45Speaker 1: ago and in its place came made off Hitler. How
- 56:48Speaker 1: did it happen? How could such a modern westernized place
- 56:52Speaker 1: do this. Let's just say I have found it both
- 56:58Speaker 1: reassuring and arming, but most importantly it's eye opening.
- 57:05Speaker 2: And look, I is the they must.
- 57:10Speaker 1: Read article of the month that I gave you last
- 57:14Speaker 1: episode from the political quarterly of the Council on Foreign
- 57:17Speaker 1: Relations called Foreign Affairs, about this idea that we the
- 57:22Speaker 1: United States, have slipped from a democracy to something called
- 57:26Speaker 1: competitive authoritarianism. Let's just say this is a pretty good
- 57:31Speaker 1: companion read, and I think one that will round out.
- 57:36Speaker 1: You read all five of these books. Okay, you read
- 57:40Speaker 1: all five of these books, and I think you will
- 57:44Speaker 1: be as well informed and as ready for the political
- 57:48Speaker 1: landscape that we are all having to navigate going in
- 57:53Speaker 1: to twenty twenty six. So my five books, The Drift
- 57:56Speaker 1: by Kevin Hassett, The Mark Twain Biography by Ron Chernoud,
- 58:01Speaker 1: the Barn, the place where Ed Mattil was killed by
- 58:05Speaker 1: Wright Thompson one hundred and seven days by Kamala Harris,
- 58:08Speaker 1: and my number one recommendation book that you should be
- 58:14Speaker 1: reading going into twenty twenty six fateful hours, the collapse
- 58:19Speaker 1: of the wim Are Republic.
- 58:21Speaker 2: So there you go.
- 58:22Speaker 1: There's your shopping list for the political junkie in your life.
- 58:27Speaker 1: There's a reason results matter more than promises, just like
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- 59:23Speaker 1: So check out Morgan and Morgan. Their fee is free
- 59:25Speaker 1: unless they win. All right, let's do a little ass.
- 59:31Speaker 2: Chuck Ask Chuck. First question today comes from Jason in
- 59:38Speaker 2: NY otherwise known as New York.
- 59:41Speaker 1: He goes, Hey, I really appreciate the bonus episodes that
- 59:43Speaker 1: you put out recently as political events have warnted, I
- 59:45Speaker 1: too believed that the Indiana GOP's rebuke of Trump and
- 59:48Speaker 1: Trump's revolting comments about Rob Reiner were significant enough moments
- 59:51Speaker 1: to call for quick reactions. Hope to see if more
- 59:53Speaker 1: of those in the future.
- 59:54Speaker 2: Well, I appreciate it. Look, I go hot and cold
- 59:56Speaker 2: on that.
- 59:57Speaker 1: I don't want to be I'm not you know, somebody
- 1:00:01Speaker 1: who's just chasing you know, I don't want to be
- 1:00:03Speaker 1: here quote chasing the news, if you will. But I
- 1:00:08Speaker 1: also think that that if I think I have something
- 1:00:10Speaker 1: to add and trying to add a perspective about how
- 1:00:12Speaker 1: you should think about a major event. That's when I
- 1:00:15Speaker 1: try to try to chime in on that. And I
- 1:00:18Speaker 1: think these were both significant events, and I think that
- 1:00:23Speaker 1: they're going to trigger larger discussions.
- 1:00:25Speaker 2: Right.
- 1:00:26Speaker 1: I think the INDIANAGOP rebuke is a reminder that something
- 1:00:30Speaker 1: that I've been sort of forecasting for the last three months.
- 1:00:34Speaker 1: I send you back to a sub steck I think
- 1:00:36Speaker 1: I wrote in late September early October, which the cracks
- 1:00:39Speaker 1: in the coalition were beginning to show. And then you know,
- 1:00:43Speaker 1: right after that piece, we've seen more and more examples
- 1:00:45Speaker 1: of it, right, whether it's Marjorie Taylor Green, whether it's
- 1:00:47Speaker 1: the Indiana Republicans, and YadA, YadA, YadA. So it is,
- 1:00:51Speaker 1: you know, it is part of this is just time, right,
- 1:00:55Speaker 1: No political movement has that I can think of in
- 1:00:59Speaker 1: our history, has been able to go more than more
- 1:01:01Speaker 1: than eight to ten years. And we're sort of we're
- 1:01:04Speaker 1: at the end, right, We're at the We're at the We're.
- 1:01:07Speaker 2: At the beginning of the end. We're not the end.
- 1:01:09Speaker 2: It's not the end of the end, it's at the
- 1:01:11Speaker 2: end of the beginning. Okay.
- 1:01:12Speaker 1: I think that's that we're past the end of the beginning.
- 1:01:15Speaker 1: I think we're at the beginning of the end, and
- 1:01:18Speaker 1: this is you know, it's everything is going to get
- 1:01:21Speaker 1: It's going to get worse for him everything. You know,
- 1:01:23Speaker 1: You're going to see the Republicans fracture a little bit
- 1:01:26Speaker 1: more the closer.
- 1:01:27Speaker 2: We get to election day.
- 1:01:29Speaker 1: So look, I'm not saying some new outside event that
- 1:01:32Speaker 1: none of us have thought of won't create a rally
- 1:01:34Speaker 1: around the flag effect. There's always there are always possibilities.
- 1:01:37Speaker 1: There's always the one percent, the two percent chances where
- 1:01:41Speaker 1: things go another direction. But on the trajectory we're on
- 1:01:45Speaker 1: and assuming sort of you know, events that take place
- 1:01:50Speaker 1: within the normal sort of set of expectations that we have,
- 1:01:56Speaker 1: this is only going to get more acute. And then,
- 1:01:58Speaker 1: of course, on the writer thing, I really think it.
- 1:02:01Speaker 1: I think there's a reason I'm framing it as a
- 1:02:05Speaker 1: do we need to be thinking about whether he's this
- 1:02:08Speaker 1: is the beginning of his own downfall of is just
- 1:02:13Speaker 1: his basic capacity. If you don't have a filter for
- 1:02:18Speaker 1: something like this anymore, what else is not going so well?
- 1:02:23Speaker 1: So I think this is one of those that we
- 1:02:25Speaker 1: needed this. This for me is a bit more alarming
- 1:02:28Speaker 1: because either staff was afraid to tell him this was
- 1:02:31Speaker 1: crazy or they did and he did it anyway, right,
- 1:02:35Speaker 1: And so these felt significant enough. So I appreciate you noticing,
- 1:02:42Speaker 1: but I promise you I don't want to go down,
- 1:02:44Speaker 1: you know, chasing every squirrel down that road.
- 1:02:48Speaker 2: All right. Next question comes from Eric.
- 1:02:50Speaker 1: From another question from New York. Given the competitiveness of
- 1:02:53Speaker 1: Ohio and Iowa US center races, do you think a
- 1:02:55Speaker 1: Democrat could win the Florida center race?
- 1:02:56Speaker 2: Thanks?
- 1:02:57Speaker 1: Eric, Well, look, all the ingredients are they are for
- 1:03:00Speaker 1: a competitive race. You have an appointed senator. The history
- 1:03:02Speaker 1: of appointed senators in general indicate that, you know, they're
- 1:03:07Speaker 1: the most you know, they're more vulnerable than even a
- 1:03:12Speaker 1: first term senator trying to seek reelection. Appointed senators, you know,
- 1:03:16Speaker 1: have the have the worst of all worlds, right they
- 1:03:20Speaker 1: they have the they're an incumbent without any of the
- 1:03:24Speaker 1: upside of incumbency. They only have the downsides of it.
- 1:03:28Speaker 1: So there's that, right, And Ashley Moody's you know, she's
- 1:03:32Speaker 1: not a well known political figure yet, but Florida's very expensive,
- 1:03:38Speaker 1: and that Florida Democratic Party is just structurally so far behind,
- 1:03:44Speaker 1: you know, shared Brown has an organization that these almost
- 1:03:47Speaker 1: turn key for Ohio Democrats. And even though that's a
- 1:03:51Speaker 1: state where overall the Democratic Party is in worshi Democratic
- 1:03:55Speaker 1: maybe brand is in worship in Ohio than it is
- 1:03:57Speaker 1: in Florida. Structurally, they're already more competitive Iowa be in
- 1:04:00Speaker 1: a smaller state. They have a very strong gubernatorial candidate
- 1:04:04Speaker 1: in Rob Sand That also helps it be competitive. I
- 1:04:08Speaker 1: do think that if the governor's race gets competitive, then
- 1:04:11Speaker 1: the Senate race will automatically start to get more competitive.
- 1:04:14Speaker 1: Keep an eye out on Jared Moscowitz. I think if
- 1:04:17Speaker 1: he ends up running. He's a member of Congress. He's
- 1:04:21Speaker 1: been on this podcast, he said. I asked him point
- 1:04:24Speaker 1: blank if he was thinking about running statewide and he said, well,
- 1:04:26Speaker 1: if they redistrict me and he would be among the targets.
- 1:04:29Speaker 1: And I do think Florida still might. I mean, I'll
- 1:04:32Speaker 1: be curious to see whether Indiana's rejection of redistricting if
- 1:04:38Speaker 1: it means the fever's broken. But if we do have
- 1:04:42Speaker 1: two more states that engage in this, it's gonna be
- 1:04:44Speaker 1: Florida in Virginia, one for the Team Red and one
- 1:04:47Speaker 1: for Team Blue. And we'll see what kind of We'll
- 1:04:51Speaker 1: know pretty quickly. I think Jared moscow It's could be
- 1:04:55Speaker 1: a very powerful Senate candidate if because he said, if
- 1:04:58Speaker 1: he gets redistrict he represents of northern Broward County southern
- 1:05:02Speaker 1: Palm Beach County, they could sort of make it a
- 1:05:06Speaker 1: bit you know already was only sort of a I
- 1:05:08Speaker 1: think a plus two Harris district. He could turn. It
- 1:05:11Speaker 1: could turn into something that he's buyinging. And he basically
- 1:05:15Speaker 1: said if if they go after his district, then he'll
- 1:05:18Speaker 1: probably just run for the Senate. There's a candidate in
- 1:05:21Speaker 1: there now, somebody who's a school board part of the
- 1:05:23Speaker 1: school board wars with the Moms of Liberty. It's an
- 1:05:27Speaker 1: organization on the left that went after Moms for Liberty
- 1:05:30Speaker 1: and somebody there. But you know she's got a You're
- 1:05:33Speaker 1: not going to get a financial commitment unless you get
- 1:05:36Speaker 1: a higher profile candidate. Moscowtz might be a high profile
- 1:05:39Speaker 1: enough where he could bring a decent a decent financial
- 1:05:44Speaker 1: following with him. But I don't think the Senate race
- 1:05:49Speaker 1: gets competitive without the governor's race being competitive, and that's
- 1:05:51Speaker 1: an open question. I do think that Democrats ended up
- 1:05:56Speaker 1: with two pretty good candidates in the governor's race, and
- 1:05:58Speaker 1: David Johny and Jerry dem One could argue one of
- 1:06:01Speaker 1: them out a run in the center race, that they've
- 1:06:03Speaker 1: got too many good candidates in the governor's race, not
- 1:06:05Speaker 1: enough good candidates in the Senate race. But we'll say,
- 1:06:10Speaker 1: but I do think it should be. But the cost
- 1:06:15Speaker 1: is it's so prohibitive. I think they're more likely to
- 1:06:18Speaker 1: spend money targeting Mississippi and trying to put Mississippi in play,
- 1:06:22Speaker 1: which is not as far fetched as you might think,
- 1:06:26Speaker 1: because five million dollars, you know, an extra five to
- 1:06:30Speaker 1: ten million dollars in Mississippi would have a huge impact.
- 1:06:33Speaker 1: An extra five to ten million dollars in Florida would
- 1:06:36Speaker 1: have minimal impact. Next question comes from tboor Shinto from Toronto.
- 1:06:43Speaker 1: He says, longtime listener watcher from Toronto here, I have
- 1:06:46Speaker 1: a possibly naive question about journalism in the US. Why
- 1:06:49Speaker 1: didn't reporters directly challenge the president when he makes inappropriate
- 1:06:52Speaker 1: offensive statements like the ones about Rob Ryner are calling
- 1:06:55Speaker 1: journalists stupid. Many in the media react on TV or
- 1:06:57Speaker 1: in print, but rarely pushed back to his face in
- 1:06:59Speaker 1: the moment. Why isn't anyone asked him directly why he
- 1:07:01Speaker 1: behaves that way, maybe using more polite language, just curious
- 1:07:04Speaker 1: why no one takes that shot. Thanks for all the
- 1:07:06Speaker 1: great insights. Well, I would argue in the first term,
- 1:07:09Speaker 1: we all did. I would ask him questions about it.
- 1:07:12Speaker 1: I confronted him directly an off the record meeting during
- 1:07:16Speaker 1: when he was president elect, basically saying when he name
- 1:07:20Speaker 1: checks our correspondence in the field, he puts their lives
- 1:07:23Speaker 1: at risk, He puts a spotlight on him in ways
- 1:07:26Speaker 1: that I believe he didn't intend, is how I put it.
- 1:07:32Speaker 1: But you know, there's a reason I think in Trump
- 1:07:35Speaker 1: two point zero why so many people in these same
- 1:07:38Speaker 1: positions that some of us were in have chosen not
- 1:07:41Speaker 1: to do it Because none of you know, nobody wants
- 1:07:44Speaker 1: to be fodder to help somebody else's social media following,
- 1:07:48Speaker 1: And so I think there's this belief that it doesn't
- 1:07:56Speaker 1: do what you think it's going to do, and if anything,
- 1:07:58Speaker 1: it only it only.
- 1:08:06Speaker 2: It only puts you.
- 1:08:08Speaker 1: In a position of having to debate the president, right,
- 1:08:10Speaker 1: which is you're.
- 1:08:11Speaker 2: Just so it's.
- 1:08:17Speaker 1: A lot of us don't want to be a story,
- 1:08:19Speaker 1: and we don't want to insert ourselves, not out of fear,
- 1:08:22Speaker 1: out of distraction. We don't want to be used as
- 1:08:26Speaker 1: a you know, I didn't like it. I always whenever
- 1:08:29Speaker 1: I got a whiff of a guest trying to use
- 1:08:33Speaker 1: an appearance to raise money to don't fundraise, you know,
- 1:08:37Speaker 1: I did my best to gum that up. There's a
- 1:08:41Speaker 1: fairly memorable back and forth I had with Ted Cruz
- 1:08:44Speaker 1: one time that it was clear he accepted the invitation
- 1:08:52Speaker 1: only to try to use me as an attempt for
- 1:08:55Speaker 1: political fundraising fodder. But the own of the conversation went
- 1:09:01Speaker 1: in such a way that he would have been a
- 1:09:04Speaker 1: self owned had he tried it. I didn't realize that's
- 1:09:08Speaker 1: what he was up to until about halfway through the interview,
- 1:09:10Speaker 1: and it was like, oh, now I know why you
- 1:09:13Speaker 1: came on. And it was just anyway it was during
- 1:09:16Speaker 1: the first impeachment. If you want to go back and
- 1:09:19Speaker 1: go find that back and forth that I had with him,
- 1:09:22Speaker 1: let's just say I'll just use three letters to give
- 1:09:25Speaker 1: you a hint about where the conversation went to JFK
- 1:09:29Speaker 1: and I'll just let you know and you can sort
- 1:09:31Speaker 1: of imagine where the where that part of the conversation went.
- 1:09:35Speaker 1: So I think that's the That's why you know, it
- 1:09:39Speaker 1: doesn't feel like it gets you anywhere, and it I
- 1:09:43Speaker 1: don't want to say journalists don't do it out of fear.
- 1:09:45Speaker 1: Fear is the wrong word. I think terms of it's
- 1:09:47Speaker 1: sort of like is it effective? Like ultimately, what is
- 1:09:53Speaker 1: our role? Is your role to get information out to understand?
- 1:10:00Speaker 1: I could tell you the private conversations I've had with
- 1:10:02Speaker 1: him about this. I'm like, why do you you know
- 1:10:04Speaker 1: you do that?
- 1:10:04Speaker 2: You know?
- 1:10:06Speaker 1: He he sort of has always viewed the press as
- 1:10:10Speaker 1: playing a part, like almost like the chorus and a
- 1:10:13Speaker 1: Shakespeare play, that we're all playing a role, and his
- 1:10:18Speaker 1: role is to go after the press. The press is
- 1:10:21Speaker 1: sort of that, you know, I've always equated it. He
- 1:10:23Speaker 1: sees us all as if you're familiar with the WWF
- 1:10:27Speaker 1: slash WWE And I have the reason I used WWF
- 1:10:30Speaker 1: is back in my day, it was the WWF and
- 1:10:33Speaker 1: it was a guy named the press person was a
- 1:10:36Speaker 1: guy named gene Okerland, mean gene Oakerland, and he was who,
- 1:10:40Speaker 1: you know, all the wrestlers picked on because he was
- 1:10:43Speaker 1: the press, you.
- 1:10:44Speaker 2: Know, et cetera.
- 1:10:45Speaker 1: And I always said that that Trump sort of viewed
- 1:10:47Speaker 1: us as mean gene Oakerland, that we were kind of
- 1:10:49Speaker 1: in on the joke, and he would say even say
- 1:10:52Speaker 1: things to me like, oh, this is good for your ratings,
- 1:10:54Speaker 1: it's good for your name. I d you know, it
- 1:10:56Speaker 1: only gives you more attention, it only makes you more money,
- 1:10:59Speaker 1: it only gives you or book deals. That was his
- 1:11:02Speaker 1: mindset about it back then. It's I think that's a
- 1:11:04Speaker 1: little more nefarious.
- 1:11:11Speaker 2: But I don't, you know, what what do you expect?
- 1:11:14Speaker 1: What do you expect him to say? Sometimes when you ask,
- 1:11:19Speaker 1: you know, I understand sort of like, you know, I'd
- 1:11:23Speaker 1: rather press him on why is he pardoning a convicted
- 1:11:26Speaker 1: drug Uh? Why did he pardon somebody who was convicted
- 1:11:30Speaker 1: of being a drug trafficker? Are you taking you know?
- 1:11:35Speaker 1: Did you know?
- 1:11:37Speaker 2: Did it? You know?
- 1:11:37Speaker 1: Why do you pardon your friends?
- 1:11:40Speaker 2: You know?
- 1:11:40Speaker 1: Why did you pardon you know, Henry Kuayer? You know,
- 1:11:43Speaker 1: I think there are other questions that if you have
- 1:11:45Speaker 1: the chance at a shot a question, because let's say,
- 1:11:48Speaker 1: you know, why did you say that about Rob Bryner
- 1:11:49Speaker 1: and his answer, I can tell you what his answer was, Well,
- 1:11:52Speaker 1: he attacked me first. It's always that's always usually his
- 1:11:55Speaker 1: defense when they came after me. You know, I wouldn't
- 1:11:58Speaker 1: have said anything had they not said this. You know,
- 1:12:00Speaker 1: he always says, I don't attack people, I defend myself,
- 1:12:07Speaker 1: so but I could, but I definitely you're right, there
- 1:12:11Speaker 1: is less of this in Trump two point zero because
- 1:12:16Speaker 1: many of us tried this in Trump one point oh,
- 1:12:18Speaker 1: and it didn't seem to go anywhere, It didn't seem
- 1:12:20Speaker 1: to didn't really produce an answer. You know, I think
- 1:12:26Speaker 1: there's a lot of people, and I'm you know that
- 1:12:28Speaker 1: listen to this podcast that want the press to express
- 1:12:32Speaker 1: the outrage that they have. But it's the equivalent of
- 1:12:38Speaker 1: punching your you know, punching a wall, a dry wall.
- 1:12:42Speaker 1: You know, you might punch a hole in the wall
- 1:12:45Speaker 1: and you might feel strong, but then you've got to
- 1:12:46Speaker 1: go back and patch up the wall, and what have
- 1:12:48Speaker 1: you really accomplished? You know, you can express your outrage
- 1:12:52Speaker 1: at him, he doesn't say anything satisfactory, and whatever he
- 1:12:56Speaker 1: says will outrage people who are already outraged.
- 1:12:59Speaker 2: And so it's.
- 1:13:03Speaker 1: You know, I think that's you know, I don't and
- 1:13:06Speaker 1: maybe that's not a satisfactory answer to you. I get it,
- 1:13:10Speaker 1: But you know, there comes a point of you know,
- 1:13:14Speaker 1: is there anything to be gained in understanding more about him?
- 1:13:20Speaker 1: Or are you just trying to go viral for yourself
- 1:13:23Speaker 1: right to Hey, look, I took on Donald Trump. Some
- 1:13:28Speaker 1: of us are not in the game of just making
- 1:13:30Speaker 1: this about ourselves, right, and so I think that's also
- 1:13:35Speaker 1: also plays a role on that front. Next question comes
- 1:13:39Speaker 1: from Adam w Any writes, I'm curious about your thoughts
- 1:13:41Speaker 1: on this. Affordability seems to be the central theme that
- 1:13:44Speaker 1: Democrats seem to be winning on. One of the sneaky
- 1:13:46Speaker 1: culprits of rising costs is the complete lack of competition
- 1:13:49Speaker 1: and various segments of the economy. Perhaps it is the
- 1:13:51Speaker 1: lawyer in me, but I don't understand why democrats haven't
- 1:13:53Speaker 1: begun at least bringing up the issue of breaking up
- 1:13:55Speaker 1: big monopolies. Thanks Adam w.
- 1:14:00Speaker 2: So, you're right, I think that.
- 1:14:03Speaker 1: In fact, I think there's going to be a fear
- 1:14:06Speaker 1: of doing that, but you know there's you know, I
- 1:14:09Speaker 1: think the the stuff that's popular is when you point
- 1:14:13Speaker 1: out how these monopolies are costing you money. And so
- 1:14:20Speaker 1: I just had a interview with an economist on my
- 1:14:24Speaker 1: newsphere show a couple episodes ago where we spent a
- 1:14:27Speaker 1: lot of time on the issue of surveillance pricing and
- 1:14:31Speaker 1: the fact that you have this. We have this phenomenon
- 1:14:35Speaker 1: these days of dynamic pricing, where basically the new goal
- 1:14:39Speaker 1: is to figure out, Hey, how do I maximize you know,
- 1:14:46Speaker 1: you Chuck Todd have a little bit more money to
- 1:14:48Speaker 1: spend versus you Jane Doe, who has less money to spend.
- 1:14:56Speaker 1: I want to have you both as customers. But I
- 1:15:00Speaker 1: you know you can pay more than Jane Doe. How
- 1:15:02Speaker 1: can I get you to pay more in Jane Doe
- 1:15:03Speaker 1: to pay me something? And I think that you know,
- 1:15:10Speaker 1: whether we've seen that airlines are thinking about going down
- 1:15:12Speaker 1: this road. There was a really good story and I
- 1:15:16Speaker 1: think it was the Washington Post about Uber and lyft
- 1:15:19Speaker 1: and how you know, on one phone, you know, based
- 1:15:24Speaker 1: on information they may have about you, the price is
- 1:15:26Speaker 1: one thing. On another phone, based on information they have
- 1:15:29Speaker 1: on the person who owns that phone, the price for
- 1:15:32Speaker 1: the same ride from the same location to the same
- 1:15:35Speaker 1: location is suddenly different. And how much of it is
- 1:15:38Speaker 1: based on what they think you're sort of Oh, I'm not,
- 1:15:41Speaker 1: I'm not that's too expensive for me versus that And
- 1:15:48Speaker 1: I think that's the type of of discrimination that will
- 1:15:55Speaker 1: really sort of, you know, middle class discrimination is when
- 1:16:01Speaker 1: the middle class grabs the pitchforks watch out right, like,
- 1:16:05Speaker 1: you know, when when the supposedly comfortable, you know, enough
- 1:16:10Speaker 1: to own a home, you know, have a couple, have
- 1:16:12Speaker 1: two cars, be able to afford kids college, all that stuff,
- 1:16:18Speaker 1: and they feel as if they're being taken advantage of
- 1:16:21Speaker 1: because they have a couple extra dollars, you know, the
- 1:16:24Speaker 1: middle and the upper middle class revolting. That's that's when
- 1:16:29Speaker 1: politicians sometimes finally finally start to pay attention to some
- 1:16:33Speaker 1: of these things. I think it's possible you will see
- 1:16:38Speaker 1: going after you know, tech monopolies on this, but we're
- 1:16:45Speaker 1: not quite there yet because I don't think the public
- 1:16:48Speaker 1: sees the evidence yet, right. I don't think we're you
- 1:16:52Speaker 1: kind of have to. The public needs to be a
- 1:16:54Speaker 1: bit better informed on this, and I think you're seeing
- 1:16:57Speaker 1: more and more coverage that's focused on so of how
- 1:17:00Speaker 1: consolidation in various industries has cost the consumer money. Now,
- 1:17:06Speaker 1: this is what I think has been the you know,
- 1:17:07Speaker 1: I think local media used to do consumer reporting a
- 1:17:10Speaker 1: lot better than national media, and the loss of local
- 1:17:13Speaker 1: journalism has really gutted the consumer journalism world. This is
- 1:17:19Speaker 1: where influencers, I think, come in, and this is something
- 1:17:23Speaker 1: that I think, if you know, I think trusted media
- 1:17:27Speaker 1: was higher when we had a lot more consumer reporters
- 1:17:29Speaker 1: dedicated to saving consumers money and from being ripped off.
- 1:17:34Speaker 1: And the lion's share of those reporters were on the
- 1:17:36Speaker 1: local level. So the gutting of local gutted out the
- 1:17:41Speaker 1: reporters that were providing a real service to average Americans.
- 1:17:45Speaker 1: And I think the you know, this is among my goals.
- 1:17:48Speaker 1: Why do I want to revitalize local news because I
- 1:17:50Speaker 1: think this is the biggest missing piece when it comes
- 1:17:53Speaker 1: to the lack of trust that we have nationally with media,
- 1:17:57Speaker 1: is we lost our local character references and they did
- 1:18:00Speaker 1: a better job worrying about helping people on a local
- 1:18:05Speaker 1: level than we have the ability to do on the
- 1:18:07Speaker 1: national level. And so I think if once we know
- 1:18:12Speaker 1: there's more reporting locally on scams and pricing discrimination and
- 1:18:18Speaker 1: things like that, which is where you're more likely to
- 1:18:20Speaker 1: see this, then you'll hit critical mass and it becomes
- 1:18:24Speaker 1: suddenly something that they want politicians to do something about.
- 1:18:28Speaker 1: All Right, The last question for today is going to
- 1:18:30Speaker 1: come from Dave, and he writes, is Chuck really enjoy
- 1:18:32Speaker 1: the podcast? Appreciate the mixture of politics, history, and college
- 1:18:35Speaker 1: football right on. Also love the guests you have for
- 1:18:38Speaker 1: interviews and all the information that comes from those conversations.
- 1:18:41Speaker 1: Can you tell us how interview prep has changed for
- 1:18:43Speaker 1: you from the shorter time limits you had to meet
- 1:18:44Speaker 1: the press to now being able to do long form
- 1:18:46Speaker 1: interviews on the podcast. Would love to hear some of
- 1:18:48Speaker 1: your thoughts on what you think makes a great guest
- 1:18:50Speaker 1: conversation on your show. Thanks and happy holidays. Well, the
- 1:18:54Speaker 1: biggest thing is just right just having more time it
- 1:18:57Speaker 1: means that I spend more time on a specific policy
- 1:19:04Speaker 1: idea that the guests may have in wanting to go four,
- 1:19:09Speaker 1: five or six questions deep on said right. In a
- 1:19:12Speaker 1: meet the press, if somebody who was rolling out a
- 1:19:13Speaker 1: policy proposal for your eight to ten minute interview, you
- 1:19:17Speaker 1: do one follow up, maybe you know, maybe a second
- 1:19:20Speaker 1: if it's you think it's really interesting to the viewers,
- 1:19:24Speaker 1: then you end up moving on. We don't have to
- 1:19:27Speaker 1: do that here, and that's you know, that.
- 1:19:30Speaker 2: To me.
- 1:19:32Speaker 1: Allows for some of the nuanced debate and we end
- 1:19:35Speaker 1: up what you get and what I think I'll tell
- 1:19:37Speaker 1: you. You ask me what makes a good I think what
- 1:19:39Speaker 1: makes a good conversation is when we end is when
- 1:19:46Speaker 1: you end up understanding all sides of an argument without
- 1:19:49Speaker 1: having me and the guests debate each other, because hopefully
- 1:19:54Speaker 1: I have asked a few of the let me ask
- 1:19:56Speaker 1: the perspective from the left, let me ask perspective from
- 1:19:58Speaker 1: the right, and needed depending on what their point of
- 1:20:01Speaker 1: view is, and that by the end of the conversation,
- 1:20:04Speaker 1: if you feel like that you would understand how this
- 1:20:06Speaker 1: issue would then get debated between sort of stereotypical left
- 1:20:11Speaker 1: versus stereotypical right, then I've accomplished something. Right then I've
- 1:20:15Speaker 1: given you a complete conversation that makes you prepared to
- 1:20:20Speaker 1: understand this issue no matter where else you end up
- 1:20:22Speaker 1: getting information about it. I think the best conversations are
- 1:20:30Speaker 1: when that when I kind of know them a little bit.
- 1:20:34Speaker 1: I think that always helps because they're more comfortable with
- 1:20:38Speaker 1: me because they know me a little bit. So I
- 1:20:40Speaker 1: think those make good conversation better podcast conversations. Obviously, I
- 1:20:46Speaker 1: do take a much less antagonistic posture because this is
- 1:20:55Speaker 1: you know, I always say this, you know it meet
- 1:20:57Speaker 1: the press. There was an expectation that this is an
- 1:21:00Speaker 1: accountability show, and this is where we're gonna you know,
- 1:21:05Speaker 1: you've got to you're test, you're testing your your beliefs
- 1:21:08Speaker 1: that you know, you're you gotta, you gotta, you got
- 1:21:10Speaker 1: to tell them, you know, you got to explain your rationale.
- 1:21:14Speaker 1: And it's devoted to a you know, single issue or
- 1:21:17Speaker 1: a topic or a couple of topics versus here where
- 1:21:22Speaker 1: I may have, you know, a large singular reason for
- 1:21:27Speaker 1: booking that guest, say, on the issue of how do
- 1:21:30Speaker 1: we open up primaries, uh to to all voters. But
- 1:21:36Speaker 1: it means we can meander around a little bit. But
- 1:21:43Speaker 1: it's also you know, not everybody can carry forty five minutes,
- 1:21:47Speaker 1: so you have to be mindful of that, just like
- 1:21:51Speaker 1: you know, some people are great ten minute interviews, terrible
- 1:21:53Speaker 1: thirty minute.
- 1:21:54Speaker 2: Interviews and vice versa.
- 1:21:56Speaker 1: So in that sense, you've you've got to you've got
- 1:21:59Speaker 1: to know. But it is I will tell you this,
- 1:22:05Speaker 1: there was only one interview, and I'm not going to
- 1:22:08Speaker 1: say who it is. You guys might be able to
- 1:22:10Speaker 1: figure it out by just listening. There's only one interview
- 1:22:14Speaker 1: where I felt like I ran out of questions before
- 1:22:16Speaker 1: I ran out of time. And ultimately that means we're
- 1:22:21Speaker 1: doing a good job of booking. Because I hope to
- 1:22:24Speaker 1: have the type of guests where we you know, an
- 1:22:28Speaker 1: hour is great, but believe it or not, there were
- 1:22:31Speaker 1: some questions left on the table. If there are no
- 1:22:35Speaker 1: questions left on the table, then probably the guest wasn't
- 1:22:38Speaker 1: quite worth the forty five minutes I may have spent
- 1:22:40Speaker 1: with them. But I actually think since I started this
- 1:22:42Speaker 1: podcast re upped this podcast on April, I could think
- 1:22:47Speaker 1: of only once that I sat here and I thought, boy,
- 1:22:49Speaker 1: I'm kind of exhausted from questions.
- 1:22:51Speaker 2: I got to go.
- 1:22:52Speaker 1: But I kind of if I finally go twenty minutes
- 1:22:55Speaker 1: with this interview, am I sending the signal that this
- 1:22:58Speaker 1: was a total dud?
- 1:22:59Speaker 2: Right?
- 1:23:00Speaker 1: It's like I almost didn't want to do I didn't
- 1:23:01Speaker 1: think that was fair to the person. So I wanted
- 1:23:04Speaker 1: to make sure I hit a minimum a minimum time slot.
- 1:23:09Speaker 1: My guess is I'm not I don't want to. I
- 1:23:11Speaker 1: don't want you guys to play the guessing game of
- 1:23:13Speaker 1: who it is. But it's usually pretty obvious when you
- 1:23:17Speaker 1: know somebody isn't working out. It's usually because they don't
- 1:23:21Speaker 1: want to answer questions, and you're like, well, why the
- 1:23:23Speaker 1: hell did you come on here?
- 1:23:24Speaker 2: Right? What did you think this was going to be? Uh?
- 1:23:28Speaker 1: And and thankfully, in some ways the format is self selecting.
- 1:23:33Speaker 1: Right if you if you're not comfortable sort of having
- 1:23:37Speaker 1: a conversation for forty minutes with me, then you're not
- 1:23:40Speaker 1: going to come on anyway. So in that sense it
- 1:23:45Speaker 1: can be self selecting. Look, I wish I've had there
- 1:23:51Speaker 1: are there are a few more Republicans that I've been
- 1:23:53Speaker 1: trying to get to come on that won't or haven't
- 1:23:56Speaker 1: said yes yet. Hopefully they're listening right now, And I
- 1:24:00Speaker 1: think I know why. Like it's not that they worried
- 1:24:03Speaker 1: about me. They just somehow think that their own voters
- 1:24:07Speaker 1: will that that that they only want to spend forty
- 1:24:11Speaker 1: five minutes talking to their to their base. They're not
- 1:24:15Speaker 1: interested in talking to swing voters, talking to independence, talking
- 1:24:20Speaker 1: to you the intellectually curious, And that's disappointing to me.
- 1:24:25Speaker 1: I think in it, I think once the Orange Man
- 1:24:28Speaker 1: leaves the Oval office, these people I've been trying to
- 1:24:31Speaker 1: get to come on will come on. But you know,
- 1:24:36Speaker 1: I know that in for some for some of these folks,
- 1:24:38Speaker 1: they don't want to They don't want to have to
- 1:24:42Speaker 1: not answer a question that they know is logical for
- 1:24:45Speaker 1: me to ask, which is just a disappointment, all right,
- 1:24:48Speaker 1: but this is the world we live in. Look what
- 1:24:50Speaker 1: Look what Susie Wilds just had to do. You know,
- 1:24:53Speaker 1: she had to put out an apology tweet for an
- 1:24:55Speaker 1: audience of one. And there are people that are always
- 1:24:59Speaker 1: looking to aggregate and cherry pick what somebody says. Hey,
- 1:25:04Speaker 1: you know Tom Cotton said this to Chuck Todd on
- 1:25:08Speaker 1: his Todd on his podcast. You know, and you know
- 1:25:12Speaker 1: that's just unfortunately the way things, you know, things get
- 1:25:15Speaker 1: weaponized on the on the stupid left and the stupid right,
- 1:25:19Speaker 1: which is right, We know right that it's those it's
- 1:25:23Speaker 1: those that are in the business of grifting you on ideology.
- 1:25:27Speaker 1: And these people exist on the left and the right,
- 1:25:29Speaker 1: my friends, that have scared off some of these folks
- 1:25:35Speaker 1: from from coming and swimming in the intellectually curious pool.
- 1:25:41Speaker 1: But hey, come on in, the water's comfortable and if
- 1:25:45Speaker 1: you're comfortable in your own skin, everything's going to be
- 1:25:49Speaker 1: easy on the Chuck podcast. But if you're not comfortable
- 1:25:52Speaker 1: in your own skin, then yeah, it's going to be
- 1:25:55Speaker 1: an uncomfortable forty five minutes.
- 1:25:57Speaker 2: Hey, listen to another round of a great question.
- 1:26:00Speaker 1: There's more, a lot more to come. I am also waiting.
- 1:26:04Speaker 1: I am curious. I've not gotten a lot of feedback
- 1:26:09Speaker 1: yet from you, specific feedback on where you guys aren't
- 1:26:13Speaker 1: prediction markets. I just would love an array of experiences,
- 1:26:18Speaker 1: the good, the bad, the ugly, you know again, non sports,
- 1:26:22Speaker 1: the prediction markets, through the prism of non sports everything else.
- 1:26:26Speaker 1: I'm very curious good experience, bad experience, you know, Are
- 1:26:33Speaker 1: you curious, are you nervous? Any of those things? I am,
- 1:26:38Speaker 1: Like I've expressed to you, I'm cautiously pessimistic about the
- 1:26:43Speaker 1: prediction markets and yet and keeping an eye on them
- 1:26:48Speaker 1: because somehow I have a feeling it's going to be
- 1:26:52Speaker 1: more impactful than we want to admit.
- 1:26:55Speaker 2: Anyway.
- 1:26:56Speaker 1: With that, I'm going to shut it down for another
- 1:26:58Speaker 1: twenty four hours, but I will be back in twenty
- 1:27:01Speaker 1: four hours, So thank you for listening until we upload again.