Breaking Points with Krystal and Saagar - 2/13/25: Trump Shuts Down Zelensky Demands, Elon Secures $400 Million Contract
Episode Date: February 13, 2025Krystal and Saagar discuss Trump shuts down Zelensky demands, Elon secures $400 million contract. To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 ho...ur early visit: www.breakingpoints.com Merch Store: https://shop.breakingpoints.com/See omnystudio.com/listener for privacy information.
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Good morning, everybody. Happy Thursday. Have an amazing show for everybody today. What do we have,
Crystal? Indeed we do. Many interesting things going on. So we've got new indications of Trump's
plan vis-a-vis Ukraine. We'll break that down for you. We also have the very latest with regard to
Doge and Elon getting a nice new $400 million contract from the State Department. Isn't that lovely for him? Inflation ticked up. Very worrying sign,
given that there have been very few tariffs put on at this point. So where is that heading?
Egg prices sort of leading the way in terms of inflationary items. J.D. Vance gave an important
speech on AI. We want to take a look at that and some other troubling indicators with regard to
that tech development. Democrats are getting really mad, Democratic leadership really mad
at the activists who are calling their office demanding that they stop being like the biggest
losers on earth. So we'll get into that. And Nancy Mace is lying to sexual abuse survivors. So
kind of a horrific story there. And we'll give you all the details on that as well.
Yeah, that's right. We'll talk about it. There's a lot to say. So as Crystal said,
before we get to that, thank you, though, to all the premium subscribers. We appreciate you,
BreakingPoints.com. We just got a very big interview scheduled here for the show. Can we
give it away? Should we? What do you think? Sure. What the heck? I mean, you know what? He
confirmed it. So Stephen A. Smith took notice of our segment, and he has agreed to come on the
show.
So we're working on that.
Thank you to our premium subscribers.
You guys are the people who make that type of stuff happen.
We're working with his team now, and I guess we'll have him on soon.
It's always really surreal when famous people, like, you know, are aware of the show.
I feel the same way.
I cannot—because he didn't just post it on Twitter.
I also posted it on his Instagram.
Oh, he did?
I didn't realize that.
I got so many text messages from people who are not interested in politics at all.
They're like, dude, isn't this your show?
And I was like, obviously, I'm not even aware of this all happening.
So that's how I found out on top of the Twitter thing.
So thank you.
You guys are the people who make that possible.
Yeah, so we haven't locked in a date in a time.
So it's never done until it's done.
But he said he would do it.
We're in touch with his team working on dates and times.
I mean, yeah, like you said, he put it publicly.
He said, I'm happy to come on the show, which is fascinating.
So there we go.
All right.
We'll have Stephen A. Smith on.
I'm excited to see it.
Yay.
Before we get to – and now that we've gotten that out of the way, let's get to Ukraine because this is probably the biggest global news.
It is the start of the Munich Security Conference today,
which is usually a big gathering of the transatlantic elite, but there's been a real
record scratch with the election of Donald Trump. J.D. Vance will be there along with the Secretary
of State, and it comes on the heels of Secretary of Defense Pete Hegseth, who gave a big speech
laying out new U.S. policy towards Ukraine. Let's take a listen. We want, like you, a sovereign and prosperous Ukraine. But we must start by recognizing that
returning to Ukraine's pre-2014 borders is an unrealistic objective. The United States
does not believe that NATO membership for Ukraine is a realistic outcome of a negotiated settlement.
Instead, any security guarantee must be backed by capable European and non-European troops.
If these troops are deployed as peacekeepers to Ukraine at any point, they should be deployed as part of a non-NATO mission,
and they should not be covered under Article 5.
There also must be robust international oversight of the line of contact.
To be clear, as part of any security guarantee, there will not be U.S. troops deployed to Ukraine.
So several elements of U.S. policy change here.
I'm going to lead them out.
Number one, he said an official declaration
that a return to 2014 borders is unrealistic.
Two, NATO membership for Ukraine is off the table.
Three, only European troops would be considered
for peacekeeping forces.
And four, those forces will not be covered under Article 5.
So if you pair that together with Donald Trump then and his most recent comments, confirming talks both with Vladimir Zelensky,
the president of Ukraine, as well as Vladimir Putin, the president of Russia, here's what Trump
had to say yesterday in the Oval Office. Just to be clear, do you see any future in which Ukraine
returns to its pre-2014 borders? Well, I think Pete said today that that's unlikely, right?
It certainly would seem to be unlikely.
They took a lot of land and they fought for that land and they lost a lot of soldiers.
But it would just seem to me, and I'm not making an opinion on it, but I've read a lot
on it and a lot of people think that that's unlikely.
Some of it will come back.
I think some of it will come back.
Yeah, some of that it will come back. I think some of it will come back. Yeah, some of that land will come back.
...with President Putin largely on the phone, and we ultimately expect to meet. In fact, we expect
that he'll come here, and I'll go there, and we're going to meet also probably in Saudi Arabia the
first time. We'll meet in Saudi Arabia, see if we can get something done. But we want to end that
war. That war is a disaster. So we can get something done. But we want to end that war.
That war is a disaster. So we can also put Trump's truth up there on the screen where he says,
I just had a lengthy and highly productive phone call with President Putin of Russia.
We discussed Ukraine, the Middle East, etc. We both reflected on the great history of our nations.
We agreed we want to stop the millions of deaths taking place in war with Russia and Ukraine.
President Putin even used my very strong campaign motto of common sense. I think it might mean a little something
different depending on who you're talking to. We both believe very strongly we agreed to work
together very closely, including visiting each other's nations. We've also agreed to have our
respective teams start negotiations immediately, and we will begin by calling President Zelensky
of Ukraine to inform him of the conversation. So it does seem, Crystal, that things are moving in that direction.
President Zelensky put out a reaction, a muted reaction, considering how many of his demands
have now been struck down. Let's go to the next part, please. Just to show here, he just met with
the Secretary of Treasury, Scott Besant, where he said, we value our partnership with the United
States and are grateful for the support in defending our independence. Security matters, Moscow and
its allies cannot be allowed to gain control over Ukraine, and that means we must work together
across this free world. So things are really aligning against the position that the Biden
administration and others took. I mean, this is also, of course, goes without saying, full-blown
freakout here in Washington.
I watched the press secretary's briefing yesterday.
I would say 10 out of 20 questions were on Ukraine.
And it was all like, oh, why have you given up concessions before they've even started?
It's like, well, it's not a concession to say that a 2014 border control is unrealistic.
That's not a concession.
That's reality of where we are right now. It's a tragedy, too,
because if you think about the amount of territory that Ukraine is inevitably going to have to give
up now, if they had just taken that deal in April of 2020, 22, none of this would happen. And an
entire generation of Ukrainian men is dead. The country is completely decimated. Their economy,
and it's going to take hundreds of billions for them to be able to rebuild it.
They've basically resorted to being like, hey, United States defense contractors, you can have
free reign. You don't have to pay any taxes in this country for the future. So they have,
their prospects are just devastating right now, whether they wanted to continue the fight,
which is effectively impossible, even if we were to give them the weapons considering their manpower.
But overall, it's a diplomatic resolution and it's one that I'm very happy to see.
We're not there yet, and there could still be some Trump idiocy concerning rare earth metals,
which we'll mention in a little bit.
But overall, I'm happy to see at least things are moving in the right direction.
Well, I think the rare earth minerals part is actually really central.
Yeah, for Trump, yes. Exactly. No, and it reflects the very different foreign policy world that we live in now.
Whereas previously, you know, the Biden administration, of course, wrapped this conflict in these values about, you know, a fight between authoritarianism and democracy, et cetera, et cetera. etc., etc. They had their own real goals in pushing Ukraine to continue fighting this war,
even beyond when there was a possibility of coming to some sort of a peaceful resolution,
because they thought this would be an effective proxy war to weaken Russia, a global adversary.
That was what was really going on here, okay? In the, I would would say post-Israeli genocide in Gaza, post-Donald Trump
coming into office and really ushering in this William McKinley style, like throwback style
colonialism imperialism. What Russia did in Ukraine is no longer, in their worldview, is no longer any
kind of a crime. I mean, here we are talking about taking Panama, taking Greenland, taking Canada, it's taking Gaza, et cetera. And so, you know, with Trump, everything is very unmasked.
So no longer is it, oh, we're going into Iraq because we're, you know, we're freedom fighters
and we're bring ushering in democracy. Oh, and it just so happens that they sit on top of these
gigantic oil reserves, but that has nothing to do with it.
Now with Trump, it's all out there on the table.
Like, hey, Putin, you got the arms and the strength to take territory.
We're not really going to stand in your way.
But on the other side of it, we might back Ukraine because they've got some rare earth minerals that we want to be able to get.
And Zelensky, being a savvy operator as he is, and we could
go ahead and put, this is all in A5, that tear sheet from the New York Times. He immediately
shifted the way that he was pitching continued support for Ukraine. So when it was the Biden
administration, he was pitching it in the terms that they wanted to hear about, you know, this
global fight between authoritarianism and democracy,
blah, blah, blah. Now he's saying, hey, let's make a business deal. You keep supporting us
and we will basically allow you to exploit the significant mineral deposits that we have through,
you know, your interest in making sure that we can provide that in terms of the development.
And this is important for electric vehicles and all kinds of the sort of new technology that's coming up.
And apparently, this idea was floated to him by a billionaire donor who was interested in these mineral deposits, etc.
And so that's effectively what Zelensky has pitched. And, you know, it's not an accident that it's the Treasury Secretary who is making the trek over there and visiting with Zelensky because that is the way Trump is now looking at this conflict.
He does not see Russia's invasion of Ukraine as being any sort of like problem or violation of international law.
He wants to operate in the world in this very same, like, brazenly imperialist manner.
But if he can get something out of the deal
on the other side and find it to be beneficial,
then he may be up for continuing to support Ukraine
and provide them with aid.
That's basically the pitch that Zelensky is making right now.
Yes, that's true.
But Zelensky's trying to use it as backdoor
to effectively forestall negotiations with Russia
and to actually stop any sort of peace process.
And look, I don't dispute necessarily anything that you said, but I appreciate its honesty.
Because what have the critics of the U.S.-led international war, led order always said?
This is just a fake, guys, for your imperialism.
And guess what? I will be honest. They're right.
And so what this does is it just
lays it out on the table. And we're like, listen, we gave you guys $200 billion at this point. 75%
of it was probably stolen by their own admission. They've even said that the Ukrainians, they're
like, hey, where did all the money go? Amazing, right? We weren't even allowed to ask that.
Congress, what was that Rand Paul tried to get, just have a rider attached to Ukraine aid for an
inspector general? And
Congress would not even vote for that because they would not even require scrutiny of this
amount of aid. So Trump is like, listen, we're going to take something from you. I also think
that this goes back to Lindsey Graham, if you'll remember, who was one of the reasons that he
started pitching MAGA on this on Fox News. He's like, look, they've got all these minerals over
there. They tried this with Afghanistan as well, by the way. They're always like, oh, there's $1 trillion in Afghanistan.
That's why we need to continue to occupy it forever. So there is a dishonesty in the inverse
of it as well, which is, oh, well, we're doing it so that women and girls can go to school
in Kabul. I'm like, oh, so that's worth X amount of billion dollars per year. What's happening
right now is that we've seen the inversion of Zelensky,
where he's caught between a rock and a hard place.
He's trying to play the game.
But the reason why I think he ultimately would be the biggest thorn in the side of this deal
is based on my conversation with Lex Friedman.
I don't think you would mind me saying this.
He said a lot of it publicly in his reflection over the Zelensky interview.
I got to spend some time with him during the inauguration. I was like, so Zelensky, what are your impressions? And he was
like, he believes it. He is a strident, Churchillian type figure. But Lex's analysis,
which he also voiced on his show, was he's like, it's just a mismatch of the moment because it
doesn't match the resources, the international mood.
You know, the Ukrainian population now, as Trump even alluded to yesterday, has much more mixed feelings about some sort of negotiated peace. And it really came through in his interview
with Lex Friedman, which we have some of that. Let's take a listen.
To make it clear, let's describe the idea that you are speaking about. I would like to offer you other ideas too.
But right now, your idea is that NATO accepts Ukraine minus the five regions of Luhansk, Donetsk, Zaporizhia, Kherson, and Crimea.
Just so you understand the situation, the invitation to NATO is legislatively issued to Ukraine.
So to us, all those territories
are still Ukraine.
But NATO so far
can only act in the part
that is under Ukrainian control.
This can be negotiated.
I am sure about that.
Yes, this would not be
a great success for us.
But if we see a diplomatic way to end the war, this is one of the ways.
These are our borders.
And we must understand what is going on there.
Well, the NATO guarantees for Ukraine.
Actually, this is also a security guarantee for the Russians.
Frankly, I talked about this many times before.
So what you took away really from his was about his demands for NATO membership.
Basically, every demand that he laid out in his Friedman interview has already been struck down
by the Trump administration. And this is actually for return to multipolarity, which is really what
you were talking about in that collapse. Part of that is what? Is that we're the great powers, which is the truth, the United States and Russia, we'll figure this out.
And this is part of the fallacy also of the Ukrainian, what was it?
Nothing without Ukraine, nothing for Ukraine without Ukraine.
This is ludicrous.
We are talking about two big nuclear powers.
People who, like it or not, obviously have
an outsized impact on the conflict. You know, we would always talk about this in terms of the
European Union. It was like, listen, if you even look at the amount of military aid, this is United
States versus Russia. And that was the dishonesty behind so much of the Biden administration. And
occasionally they would say the truth, which is like, oh, this is about killing as many Russians as possible.
And so what we are watching is really the fall of a lot of concepts around this.
Israel obviously complicated this from day one.
And Zelensky, he even knew that.
I mean, I remember in the days after October 7th, he was desperately trying to get himself back into the news. But then so many of the, you know, so much of the death toll and so much of his
own, so much of the United States posturing around Ukraine while simultaneously backing Israel,
it just fell apart to the point where it just went to the back burner and we, you know, basically
ignored it for a two-year period. And now we're in a must-work situation. Ukrainians have lost
who nobody really knows. Trump said something like 600,000, 700,000
people have been killed. It could be that number of killed or casualties. Regardless, I mean,
in terms of their population, which was even there, that's devastating. It's a disaster. Yes,
it's bad for Russia too, which probably lost an equal number of men, but they have a much larger
population. And all of the hopes of coups, it didn't work. I mean, Putin seems stronger today
than ever before
in terms of his control over the Russian oligarchy.
And then the economy, their remarkable ability
to basically sanction-proof themselves,
hang on to the Chinese,
who have become their financial benefactor,
do weapons deals with the North Koreans.
They are more insulated from international sanctions
than anyone in modern history,
like a state that was aligned with Europe. Something I've been reading too, Crystal, is that the Chinese and other countries
have been studying the Russian sanctions regime. And now the adversaries to the United States are
much more sanction proof as a result of what happened with Ukraine than ever before. So there
have been so many massive failures in US.S. policy here. My main
thing is, look, you know, in Trump words, I want to stop the dying. And this is the inevitable
conclusion that could have been reached earlier. And I think it's devastating that we even had to
allow this all to happen in the first place. Yeah. Well, we'll see. Because, I mean, when
Treasury Secretary Bessent presented Zelensky with the economic cooperation plan, he said it
would be in exchange for the U.S. continuing to provide material support for Ukraine. You know, multipolarity has potential
benefits and it has potential dangers. I mean, the most obvious one is like, you know, we were
in a multipolar world when everybody gets dragged into World War I, right? So you can end up in a
situation where it is more dangerous, more possibility for larger conflagrations, et cetera.
So there's that.
It's also important to understand, you know, some of the, like, Peter Thiel's of the world
who are these, like this idea of the quote-unquote network state, where they can effectively,
instead of having nation states, have, like, corporate entities.
And again, I know this sounds wild, but they're actually like doing this in certain cities around
the world. Apparently Greenland was one of the targeted places to have one of these quote unquote
network states. They like the idea of multipolarity because if you don't have any one nation that is
the superpower nation, they feel like that opens up the possibility for them to have more power to be able to
execute on their weird utopian ideas about these network states.
So that's part of the push here as well, and part of why Elon is interested in multipolarity
as well.
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The other thing I would say is
there are also pluses and minuses
to a movement away from the, you from the post-World War II international order
where things were wrapped in this coating of democracy and human rights.
So even something that was as brazenly a resource grab as the war in Iraq
had to be justified in these terms around human rights and democracy, etc.
On the one hand, you're right. It's kind of refreshing, I guess, to have the honest truth
out there of like, no, we just want the minerals. And yeah, we just like, we don't really care about
Russia taking illegally, taking whatever territory they want and are able to take. But we're going to
make sure we get our end out of the deal. And, you know, I understand why
there's like an appeal to that. On the other hand, first of all, if you're just in the law,
the jungle might makes right, like in a world that is multipolar, then that can very much come back
to bite you when another entity feels they're powerful enough to make a play on your interest,
et cetera, can contribute to
the volatility of the world. And then the other piece that's a question for me is like, even though
the justifications in places like Iraq were completely fake and phony, Ukraine, same thing.
Ukraine is the perfect example of this, that, you know, it's wrapped in this language of democracy
that at this point is just not sustainable because at the same time we're like funding this genocide and you know in gaza and and speaking out of both sides of our mouth
in the at the immediate time like did the necessity of politicians at least trying to pretend having
to try to pretend for the public that there was some larger good that was being pursued, did that act as a check on some of the larger imperial ambitions?
Because it created a pressure point where once the Iraq war started going sideways and people
started to turn on it, the distance between the rhetoric about democracy and the reality of the
reasons we were really there, that became an effective political pressure point. You know, it becomes
an effective political pressure point to point out the distance between what we're doing in,
you know, Gaza and what we're doing in Ukraine. So that's why, you know, I feel very, I don't
feel great about this shift into the new era of just like, might makes right, law of the jungle,
the big players can do what they want, take what they want, when they want, etc.
And having it all just out in the open of, no, it's just going to be a grab for resources and those with the biggest guns get the biggest prize.
I think it's just always been that way, and I'd rather us be honest about it.
So this entire idea of the international order, it's like, well, then how does the UN Security Council make any sense?
Why? Because the P5-plus-1 powers or whatever, the nuclear powers on the UN Security Council are the people who won World War II. They have the nukes and we get to do what
we want. So, you know, in an ideal world, like you just use the word illegal, there's no such thing
as an illegal invasion. There's just an invasion. An invasion can either be repelled or it can
succeed. This is all fake. I mean, this entire thing is an artifice designed to try and keep
peace throughout the world. But the truth is, is that that peace was backed by U.S. aircraft carriers, U.S. nuclear weapons.
NATO itself was a, you know,
it's no great big democratic force.
It's a world, it's a tool of the United States
and its empire to secure basically, you know,
to the extent that we want democracy,
it's because democratic societies
do better business with America.
The purpose of the United States Navy,
I talk about this all the time,
is not to deliver humanitarian aid. That's all bullshit. The purpose of the United States Navy, I talk about this all the time, is not to deliver humanitarian aid.
That's all bullshit.
The point of the United States Navy
is to secure commerce on the high seas
and the blue water to preserve ocean tankers
so that gas doesn't cost more than $4 a gallon.
Let's all just be truthful.
And in that truth, we can achieve something.
Now, what you're talking about with imperialism
and all that is important.
And actually, if you want to talk about McKinley, one of the reasons that Americans turned in the past
on the Spanish-American War, the imperial project in the Philippines, is because it was dressed up
in this fake language of, oh, we're liberating these Filipinos and we're bringing all of this
greatness. Americans were not concerned, but they were like, hold on a second. You're spending X, Y, and Z. We're getting people who are killed over there. As a result of this fakery,
you're actually enriching all of these gilded age oligarchs, which are using this to secure
riches for themselves. So our guys are going over there dying. You people are all getting rich.
What exactly, you know, the cognitive dissonance on this is just ridiculous. So I think that honesty is good. I think it's important. And with that honesty, we can actually
talk. And instead of going to the North Koreans and saying, hey, you guys should give up your
nuclear weapons and we'll make you really rich. And they're like, yeah, well, look at Gaddafi.
It's not going to happen. And we all dance around this idea that the, what was it, the International Atomic Agency, the IAEA, is like this sacrosanct organization.
Meanwhile, Israel has nuclear weapons, and we don't demand that they become nonproliferation treaty compliant.
So when we go to India, even to this day, if you go to India and you try and tell them what they should do, they're like, yeah, well, we remember when we went nuclear to secure ourselves against Pakistan.
And you shook your finger at us and all this when we developed a nuclear weapon.
And what would we always say?
What about Israel?
You guys don't demand anything from them.
So the fact is, is that this has always been a tool for whatever we want.
By instead reverting to just saying outright what's happening here, it leads to, in my opinion, better relations.
And this lack of – this hypocrisy almost becomes the point.
And when you argue within that hypocrisy, for example, Saudi Arabia is our greatest
ally.
It's like they treat their own population with barbarism.
And then we're like, oh, we're the paragon.
And then we'll go to some tiny African nation and we'll be like, you guys need to repeal
this law against gay people.
And they're like, what? What are we talking about here? One of your greatest allies has the same
laws on the books. And so they're like, screw you. We're not even going to listen.
Where if we talk in the language of gas, then everyone's like, okay, I get it now. I think
that's better. I think it's better for everybody. It dispels the hypocrisy and it allows for honest dealings with the world where in that, you know, in the rest of the world, they look at us like fools around this whole democracy, human rights nonsense.
Post-Iraq, it's all falling apart. That's one of the things that led to the demise of the image of the United States abroad because people falsely used to believe all that rhetoric. And then when you see the most brazen invasion
for no purpose whatsoever that destroyed our own nation, it immediately caused a major turn
against us. And then you still have idiots like Max Boot and others who are actually preaching
those values and then going abroad worse and lecturing other people. I just, I don't,
I don't want to be in the business of lecturing other countries. I mean, and there's that famous
interview, I forget exactly who the president, I think it might be the Turkmenistan president, who's talking to that BBC
interviewer because she's asking him about human rights and press freedoms. And he's like, who's
in your jail right now? Julian Assange. Yeah. And she fell apart. Right. That's the problem with us.
Yeah. This is what we do. We go abroad and we keep a tut tut and tell people what to do. But
if they're really rich, they're like, oh, forget about it.
Turk, Prince Faisal, he's one of our greatest friends.
Yeah.
No, I mean, obviously, on the hypocrisy point, there's no doubt about it.
And you're correct that this really starts to come undone with Iraq.
That's where it really starts.
All the, like, edifice starts to come apart with the Iraq war, which was, you know, which was foolish. I just, you know, I do
worry about a world when we have just completely pushed aside the idea that nations should have
territorial integrity and that that should be something that, you know, is kind of like a,
if you don't want to say it's illegal, you know, invasions, just like taking territory because you
can and you want it, then at least the norms were in place that it was like, okay, this is something that's really bad
to do. And it did help to create some level of global stability. It did, you said, you know,
the reason to put it in place was to keep peace around the world. I mean, that was the idea.
Now, the downside of that is us being the world's policemen, us operating with, you know, whatever
suits us at the moment.
And the fact that we were so brazenly hypocritical about that has led to this place where the
edifice is no longer sustainable.
And I do think that our facilitating, funding, you know, bear hug support of Bibi Netanyahu
as they were committing a genocide in Gaza really was the last thing that made it completely unsustainable.
But, you know, I'm just saying there's,
first of all, I mean, I'm opposed
to the whole imperial project
of, oh, we're going to take Greenland,
we're going to take Canada,
we're going to take the rare earth minerals
for whatever we want.
Armstrong seems pretty serious about it,
at least according to Trudeau and himself, et cetera.
But there are risks
also involved in the shift away from the sheen of international order, democracy, territorial
integrity, human rights, etc. There are risks involved in that, and it could lead to a much
more volatile and much more barbaric world. I't have a i don't disagree per se yeah
i just think it was probably going to happen regardless and i think that the worst outcome
is being some biden boom silent gen worshiper of democracy human rights and all that and
hypocritically having a realpolitik foreign policy which the rest of the world all knows
this jimmy carter kumb stuff, it's always been a complete
farce. And anyway, so the follow part of it is something that I'm going to cheer forever.
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All right, so we got a couple questions yesterday, both to the White House press secretary and also to Trump himself,
about whether or not he intends to comply with the court orders that are coming down these, at this point,
it's just mostly temporary injunctions against some of the actions they've taken, gutting agencies,
illegally firing employees, etc. Let's take a listen to what the White House press secretary
had to say. More on the judges. Does the White House believe the courts have the authority to
issue these nationwide injunctions? We believe that the injunctions that have been issued by
these judges have no basis in the law and have no grounds. And we will, again, as the president said
very clearly yesterday, comply with these orders. But it is the administration's position that we
will also ultimately be vindicated. And the president's executive actions that he took
were completely within the law. They were constitutional. And we look forward
to the day where he can continue to implement his agenda. And I would just add, it's our view that
this is the continuation of the weaponization of justice that we have seen against President Trump.
He fought it for two years on the campaign trail. It won't stop him now.
So she alludes there to comments from the president. Let's go ahead and take a listen
to what the president had to say. If a judge does block one of your policies, part of your agenda, will you abide by that ruling?
Will you comply? Well, I always abide by the courts and then I'll have to appeal it. But then
what he's done is he slowed down the momentum and it gives crooked people more time to cover up the
books. You know, if a person's crooked and they get caught, other people see that and all of a
sudden it becomes harder later on.
So, yeah, the answer is I always abide by the courts, always abide by them and will appeal.
So he says he'll comply.
This is the big question right now because, I mean, the truth of the matter is he's already in noncompliance with a couple of the orders,
specifically with regard to USAID and with regard to the payment freeze. But, you know,
they're holding their position is that, oh, we mean to be in compliance. We're just confused
about what that means. And it's hard to do this with the federal government, blah, blah, blah.
So it's different than if they're just brazenly out and out, undeniably flouting court orders.
So that's what they're saying right now. She also got a question,
Caroline Levitt did, about Elon Musk having massive conflicts of interest across all of
government. Let's take a listen to how she responded to that. You talked about the transparency
with Doge and Elon Musk's press availability yesterday. There is a conflict of interest law
in place that says that people who
have personal interests can't interact with government entities that could touch on those.
Has President Trump signed a waiver for Elon Musk? Does such a thing exist? If it does,
will you guys release it in the interest of transparency that he's committed to?
I have not seen the law that you are referring to. What I can tell you is that Elon Musk,
as I've confirmed before, is a special government employee. He is filing the proper financial disclosure, and he is
complying with all applicable federal laws. As you also heard, Elon addressed this directly yesterday
in the alleged conflict of interest. And he said everything he's doing is very public. And if you
all perceive a conflict of interest, you're welcome to bring that up. And as the president said, if he feels like Elon is engaging in something that's a conflict of
interest, he will tell Elon not to do that. And Elon also said yesterday that before he moves
forward with anything, he consults with the president of the United States. So we're very
confident with the ethics and the guardrails that have been put in place here. Obviously,
a preposterous answer given.
I mean, first of all, there's barely an agency that Elon Musk could touch
that he wouldn't have a conflict of interest.
But if you go down the line of the agencies that he has gone after most vociferously,
you can see in almost every case, oh, they were investigating him.
Oh, they were investigating him over here.
Oh, he ran afoul of them over there
and had previously had issues with almost all of these agents. The CFPB is like the most brazen one
because X has just signed this deal with Visa. He wants it to be the everything app. He wants
to get into payment processing. They were said to be regulated by the CFPB. No longer. That is all
done. Just to get into the specifics to the question there,
because some of the details of why she asked that particular question is important.
Special government employees are subject to, it's actually a criminal statute,
to avoid conflicts of interest. So it says they can't participate personally and substantially
in any government matter that could affect their financial interests. And again, this is not civil.
This is actually criminal. Violating the law is a felony. It could result in fines. It could result
even in imprisonment. Now, not that we think any of that is going to happen with DOJ and Trump can
pardon him, blah, blah, blah. But that's why she's asking specifically about, hey, did you give him
a waiver to avoid coming into conflict with this criminal statute as a special government employee, and she says, well, I don't know, waivers can be granted for special government employees in certain instances.
But even those can be challenged in court and deemed unlawful if you're just like, you know, if it's not done in good faith, if they don't comply with legal standards, or if they violate ethical guidelines.
So that's why she asked that specific question about whether or not Elon had been subject to any kind of a waiver.
Yeah, it was a smart question, actually, there on the way.
But I mean, look, can we return?
He said he would comply.
I think that's important.
I'm not saying necessarily that, what did you say, that there's different types of noncompliance in terms
of, hey, it's taking a while for us to negotiate all of this. But as of now, you know, the liberal
fanfic about just openly saying that I'm going to defy is like not materializing and not happening.
I do think that the Elon thing is objectively crazy. There's no way that you can just certify
that somebody has, it's like, I grant you conflict of interest, like with a
magic wand. Can you imagine? I also do think this is worth explaining to people.
Special government employees, actually all government employees who work for the president
are subject to rigid conflict of interest laws, excluding elected officials, the vice president
and the president, and members of Congress. And those
are so stringent that it is often heard of here in Washington that when people go to work for the
office of the president, they have to offload their entire stock portfolio. Famously in 2009,
not that I feel bad for these people, but I'm just telling you, many of the people who went
to go work for Obama had to sell at the bottom just to be able to go and work for the White
House. So it's an immense, I agree with way it should be. I agree with you 100%.
I think it is outrageous, however, because I just always want to highlight this,
that the members of Congress themselves have specifically exempted themselves
from these same government interest laws.
These laws should be on the books for everybody.
So it makes no sense that the employees who are making $45,000 a year as
staff assistants have more rigid conflict of interest compliance, and they will get, as you
said, they will be criminally prosecuted. There is an entire office in the government that reviews.
You're not even allowed to buy stocks, including in ETFs and index funds, without reporting them
when you're a Schedule C political appointee. Yet, whenever
you're a member of Congress or whatever, you don't. Now, this is where the Elon thing is important.
It applies not only to public holdings, but to private holdings especially. So for example,
SpaceX is an entirely private company. Now, their private company also is reliant on government
contracts. So this is where there is a lack of transparency,
because at least with Tesla, Tesla is a Fortune 500 publicly traded company. We have tons of
insight into their financials, to Elon's. I mean, you can literally go up and look his own stock
ownership, the number of shares, et cetera. There's all of these SEC compliance and things
that you have to do whenever you're publicly traded. But in your private stakes, so things
like the Boring Company, SpaceX, et cetera,
you don't have the same reporting requirements.
There's literally no obligation to ever release your financials, like any business that's private.
That is where I think that the most objectionable conflict of interest stuff can come,
and it's just the most glaring hole for Elon in the future.
Like, it's one of those where if you don't have this stuff buttoned
up right now, you're going to be spending the next decade in federal court. Like, let's all just
look at this clearly. I mean, what, you think some Democratic AG is not going to let this go?
No, I think Trump's going to pardon. Yeah, I guess he could. You're right.
But it would require a literal pardon, just like the same type of pardon that Hunter got, which is, I pardon you for all crimes in the past and in the future.
Yeah.
Which, okay, I mean, I guess we've normalized it now.
Thank you, President Biden.
I don't think there's any reason to expect that Elon would be left in any sort of legal jeopardy here. drill down on what you're saying here, you know, for anyone who believes this is some, you know, noble mission to root out corruption in government, I want you to understand the
trajectory of the Trump administration here. In the very first week, what was one of the first
illegal acts that he took? Late at night, he fired almost every inspector general across agencies,
including ones that he had himself put into that position
in his first administration. So they were all fired. These are the people that are meant to
be the watchdogs at the agencies to provide some public accountability. And we've relied on the
reports that these IGs have put out, both with regard to Biden and with regard to Trump. So
they're gone. So you no longer have people in position
to watch over what's going on. So almost like a blackout there. You had him fire the top
government ethics official that is supposed to be reviewing conflicts of interest and other
things of that nature with regard to the White House. He actually signed an executive order
rolling back a Biden anti-corruption executive order that also was meant to apply to the White House. He actually signed an executive order rolling back a Biden anti-corruption
executive order that also was meant to apply to the White House. And then just for fun,
because this is something that's near and dear to Trump's own heart in terms of being the global
real estate magnate, he also has rolled back enforcement of foreign bribery laws. So now you
can, as a business person overseas trying to make a deal,
bribe whatever officials you want to, to be able to secure that for yourself. So there has been a
systematic effort to avoid. Oh, and one more thing. Elon also has said he's not going to make his
personal financial disclosure public. So Elon is supposed to be enforcing for himself whether there's any conflicts of interest
here. And, you know, it's like I said before, if you look at all of the different agencies that he
had run afoul of, you know, transportation, interior justice, agriculture, the National
Labor Relations Board, many lawsuits there, the Equal Employment Opportunity Commission,
Consumer Financial Protection Bureau, the SEC, the Defense Department, the FEC, that's the Federal Election Commission, the Office of Government Ethics. Oh, that's the one I just
mentioned where they just fired the top person. So it's insane to imagine that the richest man
on the planet who has some $15 billion in federal government contracts over the past number of
years is going to avoid these conflicts and avoid self-dealing. We already
know that that is the polar opposite of the case. And I think it's always really important to keep
in mind what the goal is here. The goal is a very ideological, like radical libertarian vision of
stripping the government down so that even if you don't go through Congress
and roll back regulations, you know, that would be enforced by the CFPB, that would be enforced by
the SEC, they are so short-staffed and they are run by people that are ideologically opposed to
those regulations. So it's effectively deregulation by defunding and by, you know, firing all of these
employees that you possibly can.
You know, obviously this benefits someone who has a lot of business interests and wants to
just be able to do whatever it is that he wants to do. So that's, you know, a big part. That is
the primary thing that is going on here. And at the same time, you know, that education contracts are being frozen and you had the health care, the health
research freeze that's been rolled back temporarily, at least by a judge. We'll see if they're
complying with that. But while you have all these programs that are frozen and contracts that are
being frozen and rolled back, Elon himself, his contracts are going right through. This was a
great scoop by Ryan and Jeremy over at Dropsite News. So Tesla
is set to win the largest State Department contract of 2025. They're getting from the
State Department $400 million for armored Teslas. This is apparently armored Cybertrucks in
particular. So $400 million in armored cyber trucks to the State Department
according to procurement documents that they reviewed. So again, the largest contract for
the State Department for all of 2025 thus far, $400 million into the pockets of Elon Musk.
How do I buy one? How do I get it? Nice for him. Very nice for him.
Look, I think there's a couple of things. I don't think it's deniable that anything that you're saying is correct.
I have noticed with great interest of a recent talking point,
which is that Elon is so rich that he has no incentive to steal from you,
which is an interesting way to think about it,
because by that logic, it means we should just take all the richest and most powerful people
and we should put them in charge.
Oh, they're surely the most honest, right, Sagar?
Look, that's wild.
Well, let's move past it and just think about what's,
I think there's a couple things.
I think Elon is obviously getting his pet stuff.
The reason why this right now is just so overwhelmingly popular
with a lot of the Republicans
is because it's also dismantling this like professional managerial
class center of gravity. And that is really Elon's political genius here. And what I keep thinking
about is he has to wait. They have to wait for him to screw up, to touch something that will
really set people off before anybody's going to care about all of this conflict of interest. I
mean, you know, I remember how many times in the Iraq era would we talk about Halliburton and all of those no-bid contracts that they would get,
and Republicans would just shut up and say, oh, no, no, George W. Bush told me that it was all
okay. It probably took a decade for people to reckon with what was also obviously a very brazen
corruption scandal. Right now, by targeting all of these things which are niche and which would also
force Democrats to fight on unpopular ground. So for every talk that you're talking about,
education, you know, for what we've seen right now, it's like, what, a rural health clinic in
a few different states. I'm not downplaying it, but it's not going to make, you know,
international news. You have to wait until you hit something that genuinely affects every single
citizen. And if you don't do that, I'm unfortunately
going to tell you it's going to be popular because what are you going to mount your defense on? Oh,
we're standing up for the NCAA's right to have transgender athletes or, you know, the education
department. Like I said, as long as the funds continue to go through to all the schools, I don't
think this person's going to give a shit about actually dismantling the education department.
You know, maybe, you know, if we have some denied program or something
that affects tens of millions of people, but by and large, the lack of trust right now in the
government is so low. And then the lack of really like faith that these people staying in their jobs
was genuinely working for the average person is just, I don't think it exists at a zeitgeist
level. Like there's something very attractive to the American citizen, just, I don't think it exists at a zeitgeist level.
Like there's something very attractive to the American citizen, just broadly from what
I've seen here in terms of the popularity and the enthusiasm around Doge, that there
is this permanent bureaucracy that is taking advantage of people.
And I mean, one of my favorite stats that I see everywhere on Normie Instagram is about
how the collar counties around Washington, D.C. are the richest in the United States.
Yeah.
That is fundamentally the problem is that, you know, we talked about the post-World War II order.
But a lot of this can be blamed on Bill Clinton, you know, for the privatization of government and of contract, the explosion of government contracts of the deficit.
So that's really why I think the Democrats are in a very difficult position. It's like people really hate a lot of these agencies and they genuinely do feel like the HR and make work vacation of so much of government has done absolutely nothing for them that it's going to be very hard to convince people until something is genuinely taken away from them.
I think there's probably something to that.
But I also think that like they're going for it.
I mean, Elon is out there posting repeatedly about Social Security. The Republicans are
targeting. They're talking about fraud and say everybody does know that there is a ton of fraud
in social. Look, I'm not defending it. What I'm telling you is that it will be popular. People
know Medicare touches their Social Security, their Medicare, their Medicaid. I mean, the only
people going to freak out about their doctors were fleecing the government. Trillion dollars they're Medicare, they're Medicaid. The Republicans are floating $2 trillion in cuts to
mandatory spending. 70% of mandatory spending is Social Security, Medicare, and Medicaid.
There is, yes, fraud, especially in Medicare. Yes. You really think they're going after that?
Because that requires going after rich people. No, they have an ideological,
far-right, libertarian agenda to strip down as much as they possibly can. That is the goal.
And so while, you know, we're in the early phases here and it's a rural health clinic there and Meals on Wheels here and a school bus procurement in, I think, Illinois
that hasn't gone through, I think it's inevitable that they do hit bone.
And they intend to.
You know, I mean, that's what move fast and break things means.
They intend to hit bone.
So there's that piece.
The other piece is I want people to understand that these first few weeks of the Trump administration have been a historic bonanza for the richest of the rich in corporate America.
The level of regulatory rollback is truly, like at this speed, is truly not something we have probably ever seen. And as I said before, it's not coming through, you know, passing laws through
Congress and rolling back previous regulation because people would object to that, right? I
don't think they could do that. So instead, what they're doing is they're gutting the enforcement.
They're gutting CFPB. They're gutting the SEC. They're gutting the FTC. They're gutting all of
these, the NLRB. They're gutting all of the bodies that are meant to be the sort of white collar cops
that go after elite crimes.
That has been a massive giveaway to Elon and the other billionaires who have an interest,
personal interest in such thing.
And then next up on the agenda is a massive tax cut.
So while they're all running
around, oh, austerity and the deficit and the debt, blah, blah, blah, they're about to pass
a $4 trillion tax cut that goes predominantly to them. So you're right that what is being cloaked
in is DEI and trans this and merit that and whatever. Some of that is true.
That's the problem.
No, but let me ask you a question, Sagar.
Yeah.
What do you think is more popular right now, DEI or Doge?
Well, I saw your tweet on the subject.
I'm not sure if we're going to take, again,
if these tweets or these polls and all of that to the bank.
I think it could be an inference point.
Now we will find out in the midterm election.
So Democrats and all these, they're talking about resistance and all that.
But my main position here is I'm done being psyoped by many of these polls.
Just considering what happened in the election.
All of the polls that indicated some sort of cultural left resistance or whatever was all bullshit.
I mean, and look, let's just be really, let's be very basic. Do we think that affirmative
action, which is DEI, where DEI is on steroids, which was nuked at the ballot box in the most
liberal state in California, is as popular as cutting government spending specifically if it's
cloaked in fraud and in diversity programs? At a fundamental level, do you really believe that's
true? It's just not true. There's no way. I will grant you your caveat.
So first of all, the answer to the question is if you look at the polls, DEI is actually more populated than Doge.
If you look at one poll, DEI is more populated.
Which actually even surprised me.
Which is probably shit libs being like, well, Republicans are against DEI, so I have to be pro-DEI.
Well, I think also you have to admit, like, there is a colorblind merit instinct in the public.
As there should be.
And so when there was a movement towards, like, too much focus on these racial divisions from the left, there's a backlash against that.
But I think there's also, you know, a sense of it can go too far where now you're just, you know, you're swinging too far in the other direction.
How do we swing too far in the direction of merit?
But it's not, but that's the thing is merit is one thing and rolling back, you know,
Ibram X. Kendi's like pointless corporate training is one thing. Cutting into civil
rights is another. And I think there's, there is, but I think that's where they run the risk. But I want to move from that.
I think where you're right is there's a reason why they cloak all of this in government efficiency
and anti-corruption and anti-fraud, et cetera. But where there's a giant risk is if you ask people
how much influence billionaires should have in our government,
they're like, none. We don't like this at all. And I don't think people are so stupid as to not realize that there's a major problem with the richest man on earth making himself CEO dictator
of the country and calling the shots. I think the polling about how whether you think the numbers are absolutely correct or not, but the shift against Elon and the sense like we don't really want this guy to have this much say in our government, even among Republicans.
I think that's really important because there is an instinct of these oligarchs have too much control over government. They're already too involved. And that scene in the White House
where in the Oval Office, where he's standing there, you know, sort of over Trump and Trump
is looking up at him. And the level of deference that Trump has shown to him has really been
perplexing and surprising to me. I mean, we've never seen that sort of deferential behavior
from Trump. But again, it hammers home who is
really calling shots and who is really in charge. And I do think that there is a visceral reaction
against that. Now, when there is likely to be some sort of inevitable, you know, either catastrophe
or touching some program that really does have massive impact, I think you will see a swift
turning on this, but it's already really not that popular. I think it's possible. I'm not trusting these polls on this at all. Zero. I'm
genuinely, my number one thing I'm waiting for is that Virginia election. I want to see the level
of resistance, whether all of that is true, because there's just too much countermanding
evidence against the idea that cutting government spending or Elon or all of this is unpopular. I
mean, just considering the election, considering the mandate. I mean, we had, remember. Mandate,
okay, fine. I mean, you won the popular vote, no? By a point. Okay, you still won in all seven of
the swing states. Biden won by four and a half points. The congressional margin is like the
smallest in history. And also that was Trump getting elected, not Elon Musk.
Much of what they're doing now, like no one was saying when they were running for office,
we're going to dismantle the CFPB.
That was not something Trump was running on.
People don't even know what the CFPB is.
That's why we're here to explain to them that it's the anti-scam police.
I can't explain to them blue in the face.
Half of this is going to vote for them anyway. No one ran on, we're going to def to them that it's the anti-scam police. I can't explain it to them blue in the face. Half of us are going to vote for them anyway.
No one ran on, we're going to defund the white-collar crime cops, right?
That was not a part of the pitch.
And I know they want to sell this idea that voters wanted some, like, massive revolutionary reform that, you know, led by an anarcho-capitalist and the richest man on the planet.
I don't think that's at all what people voted for.
In fact, the way I know that that's the case
is what was the whole purpose of Trump
going on all of those, like, bro podcasts?
It was to make him seem normal and not extreme.
And it worked, right?
It made people, oh, they're saying
he's gonna do all this crazy stuff.
He's not gonna do crazy stuff.
He's just gonna, like, try to get prices down
and be a good businessman
because that's what I remember from the first administration
is that prices were lower and my dollar went farther. You know, we're about to talk about
inflation. He's completely moved. He doesn't care about that at all. He's happy to have he's he even
himself said previously, I don't really think that inflation is why people voted for me. I do think
that was a big part of the reason. I absolutely think that was a big part of the reason. I'm still torn on it, actually. I still
think it might have been more immigration and culture. I mean, I think immigration is part of
it, for sure. But I also am quite confident that people were voting with their pocketbook.
They felt like things were better economically, and they buy into the idea of Trump as this great
businessman, and he did a very effective job of like humanizing himself, making himself seem like not this scary threat. And then you
come in and you're like, oh, actually, you know what, 2025 plus was the project, not just the
project 2025, but we're actually going to go way beyond that. We want a revolution. We're gutting
your public schools. We're coming for social security. None of that, we're going to, you know,
annex Greenland and Canada and Gaza and whatever. Like none of this was pitched on the campaign
trail. So I think the notion that this program in total is what people voted for. I don't think
that that is backed up by. I'll tell you why I think that's wrong, which is that what's crazy
to you is not what's crazy to a lot of people. What's crazy to you is the idea of dismantling
the CFPB. What's crazy to the rest of the, at least the people, a lot of people. What's crazy to you is the idea of dismantling the CFPB.
What's crazy to the rest of the,
at least the people, a lot of people who voted for Trump,
is the very existence of permanent bureaucracy,
DEI, transgenderism, et cetera.
So for them, it's actually normal, cool,
and what they want to dismantle the very instant.
I'm not saying that there aren't plenty of people like that,
but we're not talking about the Trump base
who will justify anything.
But it's not just the Trump base.
Who are out there now like, oh, actually us owning Gaza is a great idea.
Even the normal pro, the bro cast, shall we?
To them, permanent bureaucracy, permanent managerial class, liberalism, whatever you want to call it.
They're the crazy ones.
And in fact, I mean, I sympathize and I understand that.
What gets to it even more with the CFPB and all this stuff is that at the heart of it, regulatory agencies and all that, nobody runs on it.
Biden didn't run on NLRB and nobody gives a shit about the NLRB.
That is not true.
When did Kamala say NLRB on the campaign trail?
No.
Think of the contours of the fight between Bernie Sanders and Hillary Clinton.
He was running on breaking up the big banks.
That is a regulatory reform.
Okay.
That also was more of a cultural argument at the time.
You did your own monologue on this.
Yes, that's right.
That is a regulatory reform.
And Hillary did what these people are doing, which is to say, oh, well,
breaking up the big banks isn't going to end racism and discrimination. Yeah, and she won.
And Democrats trusted her, correct? And you're right. It was very effective. And guess what?
The whole Bernie Sanders movement, the Donald Trump movement, comes out of the destruction
of a previously effective regulatory regime. When you deregulated the banks
over successive administrations,
but especially with the end of Glass-Steagall,
which separated the wild speculation part of banking
from the traditional,
you put in your deposit kind of banking,
that's what helps to lead to a complete financial crash.
So to wave your, oh, nobody cares about the CFPB. No one cares about the SEC.
No one cares about it until you have a massive bubble that pops and destroys the entire financial
system. And that's the path they're on. Like the level of deregulation that is going on right now
by stripping and gutting these agencies, making it so that there is no enforcement whatsoever.
Even it has been so radical that David Dayen and Matt Solar were tracking this. The banks were like,
actually, we need some guidance about what's even legal now and what we can do because we can't operate in this just complete Wild West system. So even the banks are like, we need a little bit
of guardrails and guidance here because it has been rolled back so precipitously.
So listen, what will happen in terms of how people feel about this or that, et cetera,
we're both just guessing, right? Based on what we think about the politics and how it's going
to play out, who's going to make the pitch the most effectively, whether people will be revolted
by this billionaire or they'll buy into like, oh, cutting waste, fraud and abuse. That sounds great.
That's all guesswork.
What I can tell you is that what's being done is very damaging and creates massive risks
of a giant bubble popping of a redux of the financial crash that we had before.
It is a smash and grab.
It is a destruction of any force that could have been oppositional, not just to Elon,
although that is his primary goal, but to the entire cast of billionaires, the ones you like and the ones you don't like as well.
That's why, that's what matters about what's happening right now. And you're right that it's
being wrapped in these, you know, things that are more popular. But that's why I want people to
really understand the big goal here, which is not about, you know, cutting some DEI program or condoms to whatever nation they're sending condoms to.
To Jordan.
That's the big ideological play is to destroy these regulatory agencies so that the masters of the universe billionaire class can do whatever the hell they want to do. And the other thing I'll say is some of this,
it's very hard to put, like, even the destruction that's already been done will be very hard to
undo. Even with these temporary restraining orders, and even if they do ultimately comply
with the judge's wishes and blah, blah, blah, even if Democrats win in four years from now,
or take the House, not that that even really matters, two years from now.
Once you strip down, and you're right about Clinton starting the privatization trend,
once you strip down the capacity of government, it is very hard to build back up. And so that
destruction that is happening right now is going to have consequences. I understand your argument
now, which is that it's not about in the interim, it's about in the future. And I don't even
disagree. I've said from the beginning, I think the big risk is that the smash and grab, the
move fast and break things can, in government, it's not like in the, it's not like in industry
where, you know, ultimately we're just talking about money. We're talking about people's lives,
talking about programs. If there is some massive bubble, you're absolutely right. They could get
blown out and everybody will look back as they did. Nobody in 2007 knew what Glass-Steagall was.
By 2009, or when did the big short come out? I'm forgetting. And you have the famous scenes
that Adam McKay has in there of people literally explaining these previously, what was it,
CDOs and CDO squared. I remember learning about it too when I was in college. Complex financial
terminology that nobody outside of Wall Street had any business knowing. I totally will grant you that. I am trying to process it in the moment about how is it exactly that we got
here and to what end this will be. And I think the risk also for a lot of the Democrats is you can
have all this language about how it's going to be bad and all of this in the same way that they did
from Trump in 2017. But if none of it ends up happening, then you actually will end up looking either alarmist or as if you didn't have
any understanding of the public. I think that's a big reason why Russiagate and the interim Trump
rehabilitation of his image came to be, was people said, oh, this is going to be the end
of the Republican. We're like, well, it wasn't so bad, right? Actually, maybe democratic norms and
all of that rules is worse.
That's why a lot of people ended up voting for him.
So I do understand now the process argument you're making.
I think I'm just trying to think politically
and where what if the alternative happens
where they do cut Medicare, CFPB, SEC, and all of that,
and the S&P 500 continues to grow by 20% for the next four years.
There's no crash, and there's no major international crisis.
I mean, J.E. or Donald Trump Jr., probably Trump Jr. now, I guess, since we're going to talk about that
a little bit later, is going to be sailing to election. You know, it could be easy. It would
be one of the easiest power grabs and successors in modern history. The idea of President Trump Jr.
is going to give me a panic attack. Really? So maybe you should come on the Vance train.
At least you can think,
right? I don't know. Is that even something that Americans value? I'm beginning to question. At this point, to be honest with you,
I said this before, like, I'm just cheering for Trump to take back control of his own presidency.
What do you make of him being so, like, deferential and cowed by this? Like, what is going on here?
I think Trump is wowed by attention, and he understands the power of celebrity and money more than anyone else.
And the reason why he's deferential to Elon is I think he has gotten it into his head
that this control and this—
Elon has almost a Steve Jobs-esque quality of the reality distortion field around him
where he can turn whatever his pet issue is into a thing that people on Twitter and others
are just mindlessly willing to turn in.
I mean, USAID, nobody gave a shit about USAID
until Mike Pence and Elon Musk started tweeting about it.
Like, let's be honest, right?
Nobody cared.
Literally, I would single-handedly give credit to Pence
and then to Elon for paying attention to it.
Elon, I mean, that whole UK thing,
I covered that scandal at the time, a decade ago.
I thought everybody had moved on.
And then he, overnight, is able to create this thing.
So Trump views that as an extremely powerful,
I don't think he's wrong, actually.
I think he might be right in terms of Elon's ability
to just completely on a dime create narratives
and really bring a lot of the elite billionaire class, people who really look up to Elon.
Twitter has given him that power.
Exactly.
And he's wielded it in a way to be able to drive.
I mean that's when he says like you are the media.
That's what he means.
Like he is able to – he doesn't have to try to make it interesting for traditional news media to cover whatever his pet project is that day.
He can do that and pull the levers all himself.
I don't know.
There's something weird going on with that relationship between Elon and Trump.
I don't think it's just because even you'll relate to this.
The specter of Elon in the oval in a T-shirt.
Oh, yeah.
Listen, I'm hating it.
Trust me.
I mean, he's wearing sneakers, t-shirts, like shit.
And, you know, Trump is more probably of a stickler for dress code than you are, famously.
I wouldn't say more.
Okay, on the same level.
He puts up with it.
On the same level.
Yeah, yeah.
And so to see Elon there standing over him in a t-shirt, I was like, whoa.
And we know that Trump has changed a bunch of his views
to match Elon's project. You know, in the question of what was going to win out the like, you know,
national conservatism, right wing populism, whatever you want to call it, or the anarcho
capitalism, like Javier Malay crap. Javier, like, it's pretty obvious which direction things have
gone in. Even though that is, and this comes back to
like, that is not how Trump positioned himself on the campaign trail. You know, he continued,
he was driving the dump truck and working at McDonald's and trying to get unions to endorse
him or at least stay out of the race or whatever. Like he was still positioning himself in that way
versus this is Koch brothers on steroids. This is Javier Malay on steroids.
That is actually what he is now allowing to happen under his administration. So I don't know. I think
there's something else going on with this relationship with Trump and Elon. I don't know.
Maybe you're right. Yeah. I'm curious to see actually how it plays out. Like I said,
watching for those elections and all of that stuff very, very closely just to see
how whether it matches
elite democratic history. Well, here's the thing. And, and in Virginia, they're going to get crushed.
I think so. Because you know how many. But crushed to what, crushed to what end? You know how many,
you know how many federal government employees there are in Virginia. Yeah. I mean, and I'm not
just talking about Northern Virginia. No, I know. Like where I live, the whole town is, you know,
civilian scientists. You go down to Virginia Beach where I live, the whole town is, you know, civilian scientists. You go down
to Virginia Beach. I mean, these are the big population centers. Okay. Northern Virginia
dominates. Right. And it's not just federal government direct workers, the contractors,
FBI, that's the whole ecosystem in, uh, you know, and then there's a lot of military bases,
Virginia Beach, massive number of government workers there as well.
That's Virginia Beach, Norfolk, that's all.
And then the other one is Richmond, which would be less dependent on federal government.
They're going to get crushed in Virginia.
All right.
Well, let's see.
If they lose by 15, if they lose by 5, we actually don't think it'll be as bad.
I'm actually just giving you a point that you can use at the time, which is that it may not be reflective of the whole country.
Okay, fair enough.
Good point.
I like it.
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