Latest / The Fourcast / Elon Musk v Donald Trump - who has the real power? | The American Fourcast
Transcript
- 0:00Welcome to 2025. It's going to be 1 hell of a
- 0:02ride, not just because of Donald Trump moving into the White
- 0:05House on the 20th of January. And of course, everyone in the
- 0:08world, around the world is rearranging their furniture
- 0:10according to what the new president might or might not do.
- 0:14But the other person we need to talk about is, of course, Elon.
- 0:17As in Musk, as in the world's richest man, as in Donald
- 0:20Trump's best friend, who's practically moved in to Mar a
- 0:23Lago with some of his children and his mother.
- 0:26You know, in recent months, he's going to be in charge of the,
- 0:29the, the, the, the doge department for slimming down the
- 0:33federal bureaucracy. He already owns one of the
- 0:36biggest social media platforms on the planet, X.
- 0:39And he's used that power not just to get, he would say Trump
- 0:42elected, but also to disrupt politics in this country and in
- 0:45Germany, which faces its own federal election on the 23rd of
- 0:49February. So we need to talk about Elon
- 0:51Musk. How rich is he?
- 0:52How powerful is he? How far did he go with that
- 0:55power? Lots of stuff to talk about
- 0:57here. To discuss it, we've got Joan
- 0:59Donovan from the University of Boston, the professor of
- 1:02journalism, assistant professor of journalism.
- 1:04I have Albert Eisenberg. He's a Republican strategist
- 1:07today talking to me from Charleston, SC Welcome to you
- 1:11both. Thank you.
- 1:13Thank you. Joan, let me start with you
- 1:14then. Who's more powerful at the
- 1:16moment, Donald Trump or Elon Musk?
- 1:20Well, I think Trump is going to move into power on January 20th,
- 1:25but for right now, he's functionally inert.
- 1:29But you know, Musk is definitely, by virtue of the
- 1:33fact that he really funded Trump's campaign is, is really
- 1:38in the driver's seat here. And you know, money really does
- 1:42open doors. It opens doors to power.
- 1:45It creates all kinds of interdependencies between the
- 1:49party and, and Musk. And so unfortunately it it does
- 1:53look like Musk is is at the head of the table on this one.
- 1:58Albert, let me ask you, do you think that Trump could have got
- 2:02elected without the help, financial and otherwise, of Elon
- 2:05Musk? That's a great question.
- 2:08I think victory has 1000 fathers in defeat as an orphan.
- 2:12So there's a lot of reasons why Trump won a convincing Electoral
- 2:17College and popular vote victory.
- 2:19I think Elon putting his money where his mouth is and buying
- 2:24the social media platform XI. Don't think he had a huge
- 2:26financial incentive to do it and in fact got caught up in
- 2:29litigation in Delaware on the price per share.
- 2:32Ended up pretty much overpaying for X.
- 2:34But I believe that it was an investment he made based on
- 2:37values, free speech, open discourse, and a lot of
- 2:41conservative people, a lot of just free thinking people have
- 2:44been cut out of X and other social media platforms over the
- 2:48last few years for saying things that were kind of just normal
- 2:50things to say that ended up being true.
- 2:53So taking over X and allowing for more open discourse on the
- 2:57platform I think did help conservatives and non
- 3:01traditional, non legacy media people kind of get their
- 3:04viewpoints out. So, Joan, I mean, certainly in
- 3:06terms of values for, for Elon Musk, but also there seems to be
- 3:09an alignment between values of his principles and the values
- 3:13of, of money, because since Trump got elected, Elon has got
- 3:17a lot richer. Yeah, it's astounding the amount
- 3:20of money that has been generated by this decision.
- 3:24And I think part of it is. How much, by the way, remind us
- 3:27of the numbers? Well, he was roughly around I
- 3:30think 250 billion. And then there's been an
- 3:33exponential increase in the last two months of at least I think
- 3:3870 billion or more. I don't know where it stands
- 3:42now, but the last number I've read was he was he was about, he
- 3:45had about $400 billion something in, in, in that range.
- 3:50And that's more money than one can count, right?
- 3:53This is is an astronomical amount of money and that kind of
- 4:01power that you have just when people know you have that kind
- 4:04of money allows you to do things like buy an entire social media
- 4:09network and not just buy it, but completely retool it so that
- 4:13Musk is always and forever at the top of everyone's feeds.
- 4:19And that the message from the Republican Party was landing
- 4:22with each and every ex user, particularly after July of this
- 4:28of last year, year when Musk changed the algorithms and also
- 4:34really fundamentally changed the structure of what we would call
- 4:37free speech online. I mean, also, let's just take
- 4:41take a step back, having acknowledged the fact that the
- 4:44investment of a couple of $100 million into Trump's campaign
- 4:48really paid off from from Musk. If he made, you know, some
- 4:51people would say 7080 billion dollars since Election Day.
- 4:56But also let's take a. Look at it, Matt.
- 4:59What's so, well, it's an incredible investment for him,
- 5:01right. And it's also investment in
- 5:02terms of? Yeah, but I do think the
- 5:04investment he made is more that it's a values based investment.
- 5:07Like Jones said. He has more money than he can
- 5:09count. I'm sure he's happy to be.
- 5:11Rich, I think he wants. If you get very rich at the same
- 5:13time, I mean it's value and the value of money tick, tick, you
- 5:16know what's the different. From other billionaires, I
- 5:18should just say that, you know, other billionaires have pledged
- 5:21their wealth to philanthropic causes.
- 5:24Musk is, he's not rich. He's greedy, Right.
- 5:28So there is this kind of way in which American oligarchs have,
- 5:32you know, done their own version of democracy by ensuring that
- 5:39their wealth gets recirculated. Musk, though, is is just padding
- 5:44his own pockets. I don't.
- 5:45I don't think so. I think he's providing a lot of
- 5:47value to people. I mean, he's revolutionized
- 5:50electric cars. Where's the Musk Foundation for,
- 5:54you know, for education? And yeah, but he's a technology,
- 5:57he's a technological entrepreneur.
- 5:58He's completely, I mean, if you ask most liberals what's the
- 6:01most important thing we could all do, it's to transition to
- 6:04electric vehicles. Nobody has been more
- 6:06responsible. Than.
- 6:07Elon Musk for that transition, I think his development of SpaceX,
- 6:11his development of Starlink is advancing society.
- 6:14I don't disagree. I don't disagree Joan with so
- 6:17the critiques of him centering himself in the conversation, I
- 6:20think it's a little overkill, but I, I, I don't think you need
- 6:23to start a Bill and Melinda Gates Foundation to have a
- 6:25positive impact on society. But I'm a capitalist.
- 6:28OK. Just just quickly trying to put,
- 6:31you know, Musk into a historical context.
- 6:33I mean, you know, there's some fabulously wealthy individuals,
- 6:36some of whom have been philanthropic and some of whom
- 6:39have been not. You know, there's there's Jeff
- 6:40Bezos, there's Bill Gates who just mentioned, you know, his
- 6:44ex-wife Melinda. You know, then you've got, you
- 6:46know, I mean, going back all the way to to Hearst, William
- 6:49Randolph Hearst, you know, Citizen Kane, if you take all
- 6:52these extraordinary characters and you put them in one line,
- 6:55there's no one ever been quite like Elon Musk has there.
- 6:59First to you, Albert. I think he is a singular
- 7:02technological force that has envisioned and executed on a
- 7:08staggering number of ideas and has transformed our tech sphere
- 7:14the way that we operate and will continue to.
- 7:17And I think if he is used in an effective way on DOJA, for
- 7:21example, on reducing the bloat in federal government that is
- 7:23weighing down the United States debt levels and also going to
- 7:27endanger Western Europe because the United States will not have
- 7:30the resources to protect democracy abroad.
- 7:33If we keep spending money like we have, I think he will be
- 7:37extremely well used. And I'm interested to see how
- 7:39they use him. But what I was really getting at
- 7:42is that, you know, he makes rockets, he makes cars.
- 7:45He's going to be sitting, you know, in the cabinet of Donald J
- 7:48Trump with a new. Cabinet.
- 7:51Well, whatever. But rockets?
- 7:52And. Cars are also subsidized by the
- 7:55US government. Was going to get on to that.
- 7:57So these things are subsidized by these are subsidized by the
- 8:00state. You could argue that he wouldn't
- 8:01have got Tesla or SpaceX off the ground without, you know,
- 8:04without the help of the federal government.
- 8:07But he's also getting massively involved in the politics of his
- 8:10own country. I mean, literally by sitting at
- 8:12the table of power, even if it's not the cabinet.
- 8:14He's trying to get involved in British and German politics and
- 8:17God knows where else. I mean, there's never been
- 8:19someone quite like that, has their Joan.
- 8:22As someone who's who's read a lot of history, but I'm, I'm not
- 8:26a historian myself, I don't recall anyone that's had this
- 8:31amount of impact in such short order.
- 8:34If you think about the ways in which Musk interacted with,
- 8:38let's say, the Obama administration or, you know,
- 8:43even the Biden administration, he wasn't necessarily that
- 8:46interested in governance here. Something has shifted where he's
- 8:52now. I mean, he's invented a phantom
- 8:55department based on his own wealth and vision of how
- 9:03government should be run. And he has absolutely no
- 9:06experience within that realm. And, and he's decided that the
- 9:10things that Americans depend on every day, like Social Security
- 9:15and like other kinds of government safety net subsidies,
- 9:20are going to go away. He's going to cut the bloat out
- 9:22of government. And he's unelected.
- 9:26He's unaccountable. And this department literally
- 9:30does not exist, right? But we treat it as if it exists
- 9:34because what is the other option, getting sued out of
- 9:39existence? Cause the other thing that Musk
- 9:41does, which I don't think he plays fair in terms of trying to
- 9:45shut down the speech of other people.
- 9:47He's sued nonprofits that have had research that they've
- 9:51conducted about his companies that he doesn't like.
- 9:54And even, you know, to Albert's point earlier about, you know,
- 9:58the platforms were shutting down conservative voices.
- 10:01Who's got the ban hammer now? But he's not.
- 10:06He loves free speech as long as it's not against him.
- 10:09I mean, I, I would say that X is a much more open place that you
- 10:12can express any number of opinions, including on the left
- 10:16than it was before. And beforehand it was pretty
- 10:18much you could be party line with the left and if you got too
- 10:21far out of line, your speech was shut down.
- 10:24And that's why they tried to ban it in Brazil, for example.
- 10:28Yeah. I mean, there is actually an
- 10:30example of a multi billionaire who has meddled in elections
- 10:33across the United States and internationally on the left.
- 10:36And his name is George Soros. Let's leave the Soros family for
- 10:39another day. But you know, certainly
- 10:41fruitful, fruitful terrain for discussion.
- 10:44I want to turn to the European why do you think Musk, Elon Musk
- 10:47has it in for the EU and specifically the governments of
- 10:50this country and Germany? First you, John.
- 10:54Well, I think, you know, power is its own currency here.
- 10:57And he doesn't, you know, have the political clout, nor does he
- 11:04have the expertise to be able to do this in a way that is
- 11:11democratic. He has to buy his way in, you
- 11:14know, someone who was recently that he recently demonetized on
- 11:19ex Laura Loomer says, you know, you bought your way into MAGA 5
- 11:22minutes ago. And I think I think it's true
- 11:25that the way in which Musk enters into politics is with a
- 11:29very heavy financial hand that creates an incredible amount of
- 11:37interdependencies. And so when we look at the way
- 11:40he's trying to bully and push his way into EU politics, it's
- 11:47very similar to what we've seen in the US where he picks an
- 11:51issue, he drives a ton of misinformation about that issue.
- 11:55He points the finger at people that are not to blame.
- 11:59And then he, you know, watches as the chaos unfolds.
- 12:04Albert, I want to know from you. I mean, Donald Trump and Keir
- 12:07Starmer have kind of made-up with each other that that, you
- 12:09know, dinner in New York. Keir Starmer's explained some of
- 12:12the things that were said by him and others that might have been
- 12:14off colour about Donald Trump in the past.
- 12:17So how come Trump's best friend Musk hasn't got the message
- 12:20because he's really going for Keir Starmer.
- 12:23How do you explain that? You know, where's where's that
- 12:25coming from? It's hard to know what you know,
- 12:28what the communication is off Twitter.
- 12:30It's hard to know who's at what table and what's being said.
- 12:34When you write something and you're in politics, you check
- 12:37with other people sometimes, and sometimes you don't.
- 12:40And that's the danger, the social danger of a platform like
- 12:43X where people can unvarnished share their opinions.
- 12:46But the reason why they're even saying making this point is that
- 12:49he is incredibly wealthy. He has the ear of the most
- 12:51powerful man, soon to be the most powerful man on the planet.
- 12:54Yeah, I mean I. Mean said.
- 12:55It's unchecked, you know, untethered, unaccountable.
- 12:59Unchecked, there's going to be political ramifications for what
- 13:02he does and if he if he steps out too far over his skis, he is
- 13:06going to get punished. It is not we did not elect
- 13:08President Elon Musk, we elected Donald Trump.
- 13:10He has many, many advisors, including long standing people
- 13:14from his history. This is something everyone left,
- 13:16right and center knows about Trump is that he gets a lot of
- 13:19opinions. He listens to a lot of people.
- 13:21He has a lot of people close to him.
- 13:22Susie Wiles, his chief of staff, first female chief of staff to
- 13:26come into the the White House, ran his campaign extremely
- 13:29disciplined. I would recommend that your
- 13:31listeners and viewers check out the Axios interview with her
- 13:34yesterday where she said we're going to have a no drama White
- 13:36House. The people that I'm talking to
- 13:38on the transition team are telling me that it is white
- 13:41years stronger than the 20/16/2017 transition team.
- 13:45So there's a lot of other stuff that's happening.
- 13:47And my my last point is that there will be repercussions if
- 13:50Elon gets over his skis. And I think that he's going to
- 13:54have to be reined in and pulled into Doja and not necessarily
- 13:57foreign policy. But I just wonder when she says
- 13:59she wants to know drama, White House.
- 14:01I mean, you know, Musk is the embodiment of drama.
- 14:05How's that going to work? Is he going to be, is Trump
- 14:08going to sort of put him into a distant, you know, I don't know,
- 14:12maybe some distant cabin in Camp David to keep him quiet and
- 14:15outside? It'll be interesting to see, I
- 14:18think if the Trump team is able to get Elon focused on specific
- 14:22things. I don't think he's dramatic with
- 14:24his Tesla. I mean, he built the world's
- 14:26most valuable carmaker from scratch and it's been incredibly
- 14:31effective. Yeah, there's there's bluster.
- 14:32He's a big personality CEO that he's not alone.
- 14:35That is way into Tesla. He didn't invent Tesla.
- 14:38He's not he he sued his way into being called the founder.
- 14:41He built Tesla effectively himself and has revolutionized
- 14:45the electric vehicle. What do you look?
- 14:47Like nobody works like you don't.
- 14:49Nobody is like the sole founder inventor of.
- 14:53I mean the guy who bought the Coca-Cola recipe in 1890s didn't
- 14:57invent Coca-Cola but he made the company.
- 14:59Elon is Tesla. Everyone knows that.
- 15:02I think people that work at Tesla, especially the people who
- 15:05were there when it started, had a vision not unlike other
- 15:10visions for electronic cars. But what set Tesla apart was
- 15:14that it was a luxury sedan. It wasn't being made
- 15:18economically, you know, with small seats, you know, like the,
- 15:21the contemporary cars of the time.
- 15:23I mean Tesla. Tesla has a brilliant marketing
- 15:28team despite Elon's. Product.
- 15:31It's online. I mean, I, I don't know, I, you
- 15:34know, I like Detroit Muscle, so I'm a different breed.
- 15:38Just on, you know, on the potential conflicts there and
- 15:42quick answers, please, Albert, you first.
- 15:44Is it possible? Is it inevitable, as many people
- 15:47have suggested, that Trump's going to get fed up with people
- 15:50like us talking about Elon and not Donald?
- 15:53Possibly. You think he'll sideline Elon
- 15:56Musk? I think Elon needs to stay
- 15:58focused or he will get over his skis and create problems and it
- 16:03will mean that there is a rift. Potentially, Joan.
- 16:06Joan, do you think there's a problem, a clash of interest
- 16:09here? We've seen this with the H1B
- 16:11visa issue. You've got Laura Luma, you know,
- 16:14sort of a MAGA voice very much on the populist, right, you
- 16:18know, quite close to Trump, you know, famously sharing a couple
- 16:20of rides with Trump on Trump Force One.
- 16:23She has fallen out with Elon Musk in the most spectacular
- 16:26way. They're not talking to each
- 16:27other other than with insults. And it's specifically about this
- 16:30issue of the the business visas, which Musk himself had once, you
- 16:34know, Once Upon a time they got him started in the US And she's
- 16:37saying actually that doesn't work because that is taking away
- 16:41that's giving jobs to foreigners who that should be going to, you
- 16:44know, white middle class Americans or even black middle
- 16:46class Americans. Yeah, well, there was a big
- 16:48debate during the campaign around this notion of quote, UN
- 16:52quote, black jobs, where Trump was claiming that migrants and
- 16:55immigrants were coming to the country and we're taking low
- 16:57wage work away from black Americans.
- 17:00And it it that argument was something that resonated very
- 17:05well. It made MAGA really excited to
- 17:08want to vote for Trump. There were only a few issues
- 17:11that really mattered in this election.
- 17:13And what to do about immigration was probably the penultimate
- 17:17issue. Albert and I could probably
- 17:18agree on that. And what came about afterwards,
- 17:23though, was very interesting. And it has a lot to do with how
- 17:26we think about the American Dream in the US Whereas, you
- 17:30know, Musk wanted to say, you know, I am the American Dream.
- 17:33I'm an immigrant who came here. He claims to have struggled, but
- 17:37his father tells a different story.
- 17:40You know, but he achieved the American dream.
- 17:42He, you know, and, and, and he's now, you know, richer for it.
- 17:48That idea of the American Dream only plays well on the left when
- 17:52you go deep into the heart of MAGA, the idea that America was
- 17:57won by conquest. America is not a land full of
- 18:00immigrants. And so MAGA rejects this notion
- 18:04that Musk is the embodiment of the American dream, which is
- 18:08also one of the fundamental ways in which we rationalize these
- 18:11H1B visas, which is that we want America to be the strongest
- 18:16country in the world. How do you do that?
- 18:18Well, as Trump's, as Trump and Elon say, you know, you, you
- 18:22build up the home team. You get the best players from
- 18:24around the world. What Loomer and Bannon really
- 18:27singled in on it and and understood is that's displacing,
- 18:32you know, all of these white Americans that are getting
- 18:36computer science degrees that are no longer eligible for these
- 18:40middle management positions. Right, Albert, If there's a a
- 18:44tussle, a fight, a fist fight between Elon Musk and the likes
- 18:48of Steve Bannon and Laura Loomer, and indeed the MAGA base
- 18:52that has been incredibly loyal to Donald Trump, who wins that
- 18:54fight? So just quickly to respond
- 18:57because Joan made a couple racially tinged comments.
- 19:01You talked to a lot of black American voters who shifted
- 19:04Republican this election and have continued to.
- 19:06It will continue to. And they don't really like the
- 19:08migrant hotels being placed in the middle of low income
- 19:11neighborhoods. They feel that their jobs are
- 19:14being taken and that they are people who are coming here
- 19:17illegally are getting to cut the line.
- 19:19And a lot of legal immigrants feel that as well, which is why
- 19:21the Republican Party's diversified so much.
- 19:24Matt, as far as Laura Loomer, she has no constituency on the
- 19:28right. She's tried to run for Congress
- 19:30multiple times, has lost pitifully.
- 19:32She's a loud voice on the fringe.
- 19:34Steve Bannon has a constituency on the right.
- 19:36I think there's an interesting debate, open debate to be had
- 19:40about the H1B visas, about how much immigration is good for
- 19:44society and about stopping illegal immigration and
- 19:47hopefully deporting a lot of the people who came here illegally
- 19:50to broke the rules to be here. So those are interesting
- 19:53debates. It's unclear who's going to win,
- 19:55who's going to take the middle path, who's going to capture the
- 19:58undecided factions, But certainly having these debates
- 20:01is good. Something else, Joan, that that
- 20:03may come up and I wonder what you say about this is China.
- 20:05So, you know, Musk's biggest Tesla factory is in the Shanghai
- 20:10area, produces almost a million cars a year.
- 20:12Trump and many of his in foreign policy team are very much
- 20:17focused on containing the power of China, both in terms of trade
- 20:21and in terms of military, you know, and so on.
- 20:23Do you see that becoming a potential point of friction
- 20:27between Musk and Trump? It certainly is going to become
- 20:31a bigger deal over time, especially as Musk seeks to free
- 20:37up and ease any impediments to shipping his cars around the
- 20:43world, tries to create favorable conditions for his own
- 20:46businesses. This is where investigative
- 20:49journalism is going to have a a huge role to play in terms of
- 20:54being able to unearth and understand some of these
- 20:57technicalities. And so I do think that as as we
- 21:02shift into this new administration, there are lots
- 21:08of things are going to have to be renegotiated with China as
- 21:11well as Russia as well as Ukraine as well as Israel.
- 21:17And, And so it's, it's really going to be a, a very large and
- 21:24potentially damaging shift in power, especially if it's well
- 21:31known that the Super rich are going to get away with padding
- 21:37their own pockets during during this transition period.
- 21:41Just want to talk about journalism quickly.
- 21:43We've seen in a couple of instances that, you know, either
- 21:47the Trump administration is, you know, is going for journalists.
- 21:50There's the case against the Des Moines Register after the
- 21:53publication of a poll just before Election Day.
- 21:56There's the case against ABC, which ABC settled.
- 21:59Then you've got, you know, apparent alleged examples of
- 22:02self censorship. This is famously the Washington
- 22:05Post, not that, you know, publishing an editorial
- 22:08endorsing Kamala Harris before the election.
- 22:11Do you feel that, you know, in the world of the media with the
- 22:154th estate, especially in the United States, where journalism
- 22:18and investigative journalism played such an important role
- 22:22that that Elon Musk especially, but also, you know, Mehta and
- 22:26Mark Zuckerberg ending, you know, fact checking on Facebook
- 22:30today, we heard that, you know, fundamentally this is something
- 22:33that that Trump and Musk can chalk up for a victory for them.
- 22:38Yeah, I think it's, you know, incredibly important that we
- 22:41don't confuse social media with journalism.
- 22:44Journalism is an incredible profession where people, despite
- 22:49their own personal interests, pursue the truth there.
- 22:53And it's it's a hard job to do. And I think that, you know, we
- 22:58have because of the way social media has taken up so much of
- 23:03the advertising revenue, we've come to see social media and
- 23:06journalism as similar things, but they're really not.
- 23:09And what I'm hoping for now that there is a, a very contentious,
- 23:16you know, set of political powerful elites in the US that
- 23:20are dead set on getting rid of journalism, that the, the
- 23:25profession is going to become more important than ever.
- 23:28And those that stand at the end of these four years are going to
- 23:33be, you know, I have a feeling they're going to have some of
- 23:37the stories of our lifetime. They're going to be, you know,
- 23:40the first draft of history, as we say.
- 23:43And but I do worry that, you know, as our major media outlets
- 23:48have been bought by billionaires who have now sought to shape
- 23:51them in their own political image, that we are really going
- 23:58to have to advance rather quickly a whole new set of ways
- 24:02of doing journalism that is accountable to the public in the
- 24:06public interest and not to anyone CEO.
- 24:11I'll. Jump in.
- 24:13Yeah, I mean, I think I'll say like a badly run car company,
- 24:16that legacy media has absolutely degraded its own value in the
- 24:20views of American news consumers, which is why it's
- 24:22approval ratings is generally as low as Congress is.
- 24:26And that's a problem of media's own doing because most of the
- 24:30legacy media outlets, and by that I mean the left-leaning
- 24:32legacy media outlets, basically every local major newspaper in
- 24:36the country aside from the Wall Street Journal, every TV and
- 24:40cable news station aside from Fox News, a number of important
- 24:43websites have degraded themselves and refused to speak
- 24:47truth to power when the power's on the left.
- 24:50And that's it could be. Well, I'm just let me just
- 24:52finish this point. My point is that so the media
- 24:54outlets have refused to Yeah, I'm just going to finish this
- 24:57point so. $50 million they fox lost for lying.
- 25:03Yeah, OK. And ABC just has lost 15 million
- 25:06for defaming the president. They have refused to speak.
- 25:10They've refused to speak truth to power when it's inconvenient
- 25:13for them because they're mostly staffed by very left-leaning
- 25:16people. And that's why no one trusts the
- 25:18legacy media, which I think we can agree on.
- 25:21A lot of important investigative journalism has switched to sub
- 25:24sub stack, which is fascinating and has shifted to podcasts
- 25:27because basically with the legacy media unfortunately
- 25:30refusing to speak truth to power under the Biden administration
- 25:33and publicly announcing they were going to take a big breath
- 25:36after Trump and let's be less adversarial, of course, they
- 25:39were less adversarial with Biden and his cronies.
- 25:41So that has shifted. So it still exists, Matt, and
- 25:45there's really interesting journalism being done.
- 25:47It's just not being done at The Washington Post.
- 25:49OK, Joan. Yeah, I, I mean, I think we can
- 25:53agree on part of the end point here is that journalism does
- 25:56need to reform. But I don't think, you know, it
- 26:01was that the Washington Post opposed LED up on Biden.
- 26:06That would be ridiculous to even assume given the amount of
- 26:10stories that they've told. His cognitive decline.
- 26:14Do you remember when the Wall Street Journal published that
- 26:16story about his cognitive decline in spring and all the
- 26:19other outlets refused to touch it and, oh, now everyone was
- 26:23aware for years? I mean, that's a classic.
- 26:26Example, No, because he, he, you know, when we talk about older
- 26:30people and we talk about cognitive decline that, you
- 26:34know, very similar to the way that the Republicans ran a
- 26:37strategy around Hillary's health at the end of her during her
- 26:402016 campaign. You know, these are typical
- 26:44things that come up. But there are elements where
- 26:47Biden comes out and does very cogent speeches that are very
- 26:50smart, well articulated. The policies that he's been able
- 26:54to enact have been able, you know, have have helped millions
- 26:58of Americans, but. Your opinion as a voter or as an
- 27:02objective? So, you know, as, as someone who
- 27:09has to look at, you know, facts as they are, right, We can see
- 27:14that there's very many examples out there where every single
- 27:18politician, when they reach a certain age, face these exact
- 27:21same kind of criticisms. It's it's nothing new.
- 27:26Isn't the point whether, you know, Albert, you don't like the
- 27:29Washington Post? I suspect you probably don't
- 27:31like the New York Times and Joan, maybe you like both of
- 27:33them. I don't know.
- 27:33But the point is that when these discussions take place in those
- 27:37newspapers, they are discussions.
- 27:39And sometimes, you know, the journalists disagree with the
- 27:42editor and the owner and they end up quitting, as this
- 27:44happened in the Washington Post and this happened before in the
- 27:47New York Times. But getting back to Elon Musk,
- 27:50you know, he has 220 million followers on a platform that he
- 27:56owns. He's both editor in chief and
- 27:58publisher. And I don't see that there's a
- 28:01lot of discussion going on inside, you know, the the ex
- 28:03empire about what Elon should or shouldn't say.
- 28:07And that kind of power, whether you are on the right or the
- 28:10left, that kind of unfettered power at the end of the day
- 28:15isn't good for democracy. Question first to you, Albert.
- 28:19Well, I think what you just described is basically what the
- 28:21situation would have been when it was big three cable news
- 28:24channels, you know, going through the 60s, seventies, 80s,
- 28:27nineties, before the fragmentation of media.
- 28:30And, and you know what the unfettered power of somebody who
- 28:33ran a paper like the Philadelphia Inquirer would have
- 28:36been like in the 1980s, Nineteen 90s, before this breakup.
- 28:40They had like a million readers, if they were lucky, or half a
- 28:42million. No, I understand the scale.
- 28:45The scale is much different when it's a global social media
- 28:48platform, but there have always been, I mean, in media is a for
- 28:53profit endeavor if it's independent, if it's state-run,
- 28:56it's not independent by nature. So there's always been people
- 29:00running this and trying to make money off of it since the
- 29:04pamphleteers and before, and this is just the new iteration
- 29:08of it. I my greatest hope is that the
- 29:10legacy media platforms that I believe have undercut their own
- 29:14value by not calling balls and strikes when it comes to the
- 29:16left. That is my opinion as an
- 29:18observer of politics, as a conservative, as somebody who's
- 29:21seen countless stories that have not been reported fairly or not
- 29:23been reported at all. My greatest hope is that
- 29:26publications like the Washington Post hire people with diverse
- 29:30viewpoints and start pursuing news and editorial with a more
- 29:33low rounded view and their approval ratings will go up and
- 29:36people will start listening to them again.
- 29:38Joan will this I mean, we know that American media has become,
- 29:41you know, divided into different silos.
- 29:43You know, it's like it's like gated, different gated
- 29:45communities that don't get on with each other.
- 29:47You know, especially in cable television, could ultimately the
- 29:50power of someone like Elon Musk, the, you know, the embodiment of
- 29:53disruption, you know, be good for freedom of speech and the
- 29:58independence of opinion. One of the things that we've
- 30:01lost when we lost newspapers is is this local news angle and,
- 30:07and learning about things that matter in our communities.
- 30:10The Internet has been able, especially social media has
- 30:13turned all local issues into national and international
- 30:17issues. And so I think, you know, one of
- 30:19the things that if we are going to bring social media out of the
- 30:24clouds and back down to earth, and if we are going to regain
- 30:27free speech in America in a way that does represent The Who we
- 30:33are, then we have to move away from these mega influencers on
- 30:38social media and get back to listening to each other and
- 30:41working in community. I think that's the only thing
- 30:44that's ever worked to save democracy.
- 30:47Is, and just a quick answer on this one, join you first.
- 30:50Is Musk ultimately good or bad for democracy?
- 30:54I think anybody that greedy is a net bad for society.
- 30:58OK. Albert, what do you think?
- 31:00Same question. Depends how you define
- 31:02democracy. I think Musk has been a net
- 31:04positive for the world and for America.
- 31:07Democracy, as in the ability of the people to elect their, you
- 31:10know, their, the representatives in government with a, you know,
- 31:14with a, with a fair playing field, full transparency, you
- 31:19know, one man, one vote, one woman, one vote.
- 31:21I think if you can say anything about X, it's transparency,
- 31:24perhaps a little too much of it. So by that barometer, definitely
- 31:27a good thing. OK.
- 31:29Next question, also a quick answer if you don't mind, who
- 31:32can control or rein in Elon Musk?
- 31:35First You, John. I, I don't think anyone's going
- 31:39to be able to. I think the the ultimate, not
- 31:42even Trump. No, because what's happening
- 31:45right now is you see this meme of President Musk, you know that
- 31:50that's something that's irking a lot of people in the Trump
- 31:54world. It's it's starting to become
- 31:56something that's notable almost to the point where people say it
- 32:02accidentally. Now, they don't mean to say
- 32:05President Musk when you type into who said?
- 32:08That job? President Autofill comes back
- 32:10with Musk and not Trump. And so, you know, these kind of
- 32:14things tell us that, you know, that there will be a separation.
- 32:19But with money like that, in the power that that kind of money
- 32:24bestows upon you, you know, Musk could, could figure out a way to
- 32:30replace Trump. I mean, of course, John, it has
- 32:32to be said that the Democrats who have been desperately
- 32:34looking for some kind of opposition script since their
- 32:37defeat in November have pounced on this President Musk mean this
- 32:42man, right? Because this is.
- 32:43God forbid they acknowledge their policies are too far in
- 32:46the left. You know, the biggest affront,
- 32:51the biggest affront, in my opinion, my personal opinion to
- 32:54democracy was that the Democrat Party didn't hold a primary.
- 32:58One of the fundamental ways in which we acknowledge and
- 33:03understand ourselves as represented citizens is the very
- 33:08few times we have the ability to make a choice.
- 33:11And they and they missed that because of because of Joe Biden.
- 33:13And then. OK, that's again.
- 33:14Yeah. They missed because of Joe
- 33:15Biden. There was no crisis.
- 33:17There was no reason why. Maybe if we had had more media
- 33:20reporting on his cognitive decline, that was very obvious,
- 33:23he would have been out earlier. That's what.
- 33:25Happens when you suppress speech.
- 33:26You're, you're going down one of those famous cul de sacs.
- 33:29We can't do that, you know, or what they call a no food the
- 33:31road in America. Final one to you, Albert.
- 33:34You know who can reign in Elon Musk?
- 33:37I think Elon Musk can reign in Elon Musk, and I think the Trump
- 33:39team can reign in Elon Musk. There's a lot of people he's
- 33:43listening to. OK, so Nigel Farage saw that
- 33:45Elon Musk was his best buddy. Then Nigel Farage got turned on
- 33:48by Elon Musk, and now there's a lot of scrambling going on
- 33:51inside, you know, Reform UK. You know, could Elon Musk turn
- 33:54on Donald Trump, Albert? I think that that's speculation,
- 33:58but I, I, I mean, I think a lot of people in the media would
- 34:01love that because then they get to talk about Elon Musk more.
- 34:04Well, that's it. I'd like to say thank you to
- 34:05you, Professor Joan Donovan from Boston and Albert Eisenberg from
- 34:10currently Charleston, SC Thanks to both of you.
- 34:13This was the forecast, the American forecast, and see you
- 34:17again soon.