Breaking Points with Krystal and Saagar - 6/2/26: Trump Says Everyone Hates Israel, Anthropic Pushes For IPO, Trump Hesitant On JD 2028

Episode Date: June 2, 2026

Ryan and Saagar discuss Trump says everyone hates Israel, Anthropic pushes for IPO, Trump hesitant on JD 2028.   David Dayen: https://prospect.org/author/david-dayen/    To become a Bre...aking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.com    Merch Store: https://shop.breakingpoints.com/   See omnystudio.com/listener for privacy information.

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Starting point is 00:00:00 This is an I-Heart podcast. Guaranteed Human. Number one hits, millions of records sold. Awards, sold-out tours. You think that Jonas Brothers are satisfied? Nope, it's podcast time. We get to ask other people questions because we're sick and tired of being asked questions. Hey, Jonas is available now, and their first guest is a big one.
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Starting point is 00:01:53 and we are so excited about what that means for the future of this show. This is the only place where you can find honest perspectives from the left and the right that simply does not exist anywhere else. So if that is something that's important to you, please go to breakingpoints.com, become a member today, and you'll get access to our full shows, unedited, ad-free, and all put together for you every morning in your inbox. We need your help to build the future of independent news media, and we hope to see you at breaking points.com. Good morning, everybody. Happy Tuesday. We have an amazing show for everybody today. Bro show. People live for the pound. It's good to see. see you, Ryan. Thank you very much for joining me here on this great Tuesday. Oh my God. What a difficult job setting up the elements. Iran. We're going to start with Iran. An explosive
Starting point is 00:02:40 alleged new phone call between Donald Trump and BB Netanyahu where he cusses him out. And what is it what else does he say? He cusses him out. He says, I saved you. Everybody hates Israel. All of this allegedly. What the F are you doing? Yeah, what the fuck are you doing? Allegedly, allegedly, Netanyahu and his proxies are denying, and all of this, of course, on the heels of this fire that from the Israeli side onto Lebanon, after some Hezbollah rockets over Israel. Trump says, allegedly, it's all over. We'll see a little bit about that in terms of the ceasefire. We're going to talk about AI, Anthropic filing for its IPO. Their stocks skyrocketing, trillion-dollar valuations. Stock markets are literally at all-time highs. Meanwhile, the Florida Attorney General actually suing Open AI for harm to children. And we're basically just going to spend some time on this. The backbone of the entire U.S. economy is AI. I guess. Hope it works out. And I guess hope it doesn't work out. Kind of screwed either way. I'm going to talk about J.D. Vance. There's a new New York Times story saying Trump is hesitant
Starting point is 00:03:47 on him being the 2028 fund the frontrunner asking and polling some people as Marco Rubio stock apparently is rising behind the scenes. Dave Rubin, we just, we had to do it. I mean, you know, we don't usually do these types of segments. No, that's true. We do. But, you know, he traveled to the Jubilee set. He did surround it. And right before he went on surrounded, there was actually a mashup of all of his failed predictions on the Iran War. And it's one of the rare cases of these like 20-year-olds, just absolutely schooling this dude to its face. It's just fun. Let's all revel in it together. Good forward to that one. And then finally, David Dayn of the American Prospect. He lives in California. He's going to join us, actually here in studio. We're going to break down the California governor's race and then the L.A. mayor's race,
Starting point is 00:04:37 the two highest profile races in their jungle primary system, which starts today. But, right, I believe we're not going to know the results for quite some time because of the mail-in ballots and the way that things get tabulated. And we'll see. And I'll probe Dan about some of the key house races out there, which reminds me, are there no House Republicans? contest other than Massey? I can't think of one. I haven't heard of... Well, Chitroy...
Starting point is 00:04:59 There are a few little ones. Democrats have half dozen races around the country and are growing where there's a real contest like for the direction of the party. It doesn't seem like that's happening.
Starting point is 00:05:08 No, it's all just about Trump. I mean, right now in terms of the Trump endorsement, there's a few... Because they all vote with Trump, so what's the... Exactly. So there's really nothing to be said.
Starting point is 00:05:16 Part of why it's so boring and having even really spent that much time on it. Thank you to everybody who has been subscribing to the show, breaking points. This is going to be a big month for us. Yesterday.
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Starting point is 00:05:42 It really helps other people find the show or rate us five stars. But let's go ahead and start with the alleged big bus phone call. Let's put it up here on the screen from Mark Caputo and Barack Ravid. dynamic duo over at Axios. What the fuck are you doing? Trump lit into Netanyahu over the Lebanon bombing. You are fucking crazy. You'd be in prison if it worked for me. I'm saving your ass. Everybody hates you now. Everybody hates Israel because of this. Now, Ryan, this allegedly happened in a Trump Netanyahu phone call yesterday afternoon. Okay? It came on the heels of that dramatic announcement from Netanyahu that they will be expanding their.
Starting point is 00:06:24 operation in Lebanon to include issuing an evacuation order in the Daia district of Beirut. And so what is signaled was renewed in massive strikes on the Lebanese capital, all in the midst of these alleged ceasefire negotiations and things that had been happening. We did report yesterday that there was some ceasefire talk and all of that going on. Trump, by the way, has now said that Hasbola has agreed. We'll get to that here in a second. But let's throw the next element up there on the screen just to show you what the reaction is like from neocons here in Washington. Mark Levine saying that the leak in Axios was a violation of federal law and provided support to the Iranian regime and its Hezbollah proxy.
Starting point is 00:07:12 Whomever leaked that story to Barack Ravid at Axios did a grace disservice to our country, to our president, to Israel, to Israel's prime minister. Wow, to Israel's prime minister. It must be treasonous, right? The Iranian regime will benefit from that leak, viewing us as weak, desperate for a deal. Yes, true. Even coming to as Bolas defense, the Israeli people will be furious. The missiles are aimed at them, not Washington. For 100 other reasons, what was thought to be a devastating political hit in that Natchahu by the leakers, about a private phone call has done much damage to us in our military and our diplomatic strategy.
Starting point is 00:07:44 If the leakers or others believe Israel should abandon its survival for some deal, they will have a hard lesson to learn. If the substance of the call is accurate, it is bad enough in my... view. You know, I mean, what I think is just really shocking, Ryan, is in any way that this phone call where he curses him out is indicative of real policy. We have seen this time and time and time again from five American presidents now who curse Netanyahu in private, sometimes they even curse them in public. And yet, when it comes time for the dollars, for the bombs, for the Iron Dome, and for the fad, man, it sure does seem like they get every single thing that they want.
Starting point is 00:08:23 isn't that? Yeah, we, right, we can talk about, like, how it happened, what precise words he might have used, the severity of his anger, the number of cuss words he threw at him, but you're right, like, what matters is what's on the ground, and that is that Trump is still stuck in, and I hate to glaze, so Professor Pape, but stuck in that escalation trap. He stuck in there, and, okay, so, you know, it does look like he got him to not bomb Bay Rout, right now, which, you know, probably saved hundreds of lives in the, you know, for the, for now, for the near term. They've killed, Israel has killed thousands of people in, in Lebanon, in southern Lebanon. They continue to encroach forward. They, they've pushed across the Latani River
Starting point is 00:09:11 at this point. And, you know, the, the agreement that Nanyahu is saying is reached is that, okay, well, we won't shoot at them as long as Hezbollah doesn't shoot inside Israel. What Netanyahu seems to be trying to do is lock in the kind of territorial gains that they have made to this point to say like, okay, now we're everywhere that we are, you can't shoot your FPV drones at us anymore. You can't attack us. We're just claiming all of this. And Hezbo is like, no, no, no, no, no. Here's an idea. Like, leave Lebanon. Like, go back to Israel. If you don't want us to shoot at you in Lebanon, don't be in Lebanon anymore. And they are taking significant casualties. Like, yesterday they took that, stupid Beaufort Crusader Castle or like took it a couple days ago. Yep, we cover that. And then yesterday, it looks like three Israelis were killed with FPV drone attacks in that, in that castle, or right outside of that castle. And according to my colleague, Maas, what Hezbo was saying is that because Israel celebrated their conquest of this crusader castle and put up videos, Hasble was able to study exactly where they were and just quickly sent a drone
Starting point is 00:10:21 swarm and killed several of them. And it's also a pointless fort to be holding. Right. Which Griffin told me there's actually a film from like 2007 about the futility of taking this last time. The same castle. It's almost like these religious crusader wars don't usually have a point and don't particularly work out for anybody in, I guess for the people who are in charge. We'll get a sequel. We'll get a sequel of that film. Hopefully. Let's put this next one up here on the screen, Netanyahu's proxy Amit Segal of Israel says, exclusive, according to a very senior official on the PM's team, I wonder who that is, the late-night Netanyahu call. The access report is inaccurate. Trump did not make personal remarks about jail or claim
Starting point is 00:11:05 Netanyahu is hated globally. Instead, he focused on the conflicting social media post. Trump fell Netanyahu implied that the war was continuing at full intensity, while Netanyahu felt Trump implied a total ceasefire. Trump did note that to defendants. Trump did note that defending Israel's global position is difficult and breeds hatred. Ultimately, the call ended with an understanding Israel will hold off on striking Beirut as long as it's not attacked within its own borders. So that last part actually makes a lot of sense because what Netanyahu currently has been trying to do is saying that every time Israelis who are occupying southern Lebanon, IDF soldiers
Starting point is 00:11:41 get attacked, that is then itself a pretext. However, remember, they are occupying almost half of the entire country, not just occupying saying, we're not leaving. Like, you don't take cats. You can't be here. You have to evacuate. You have to leave. Like, literally.
Starting point is 00:11:53 I mean, the craziest thing, I think you guys reported this, was when they were contacting, what was it, Sunni and Christian families and being like, hey, if you've got any Shia people, they got to go. Right. Yeah, the Christian villages. Yeah. Going to the Christian villages, any Shia residents, they have to go. And if you shelter them, we're going to kill you.
Starting point is 00:12:09 They're checking the attics. Wow. Yeah, it's like, bro. Bro. Really? Yeah, exactly. Right. You can draw the historical parallel there for yourself.
Starting point is 00:12:17 Let's put A1 up here on the screen. This is Trump's readout of the call. I had a very productive call with Netanyahu. There were will be no troops going to Beirut. Any troops that are on their way have already turned back, which, by the way, was a real breaking news because that's not even originally what was being told. They said they were going to bomb them. We didn't know that they were going to Beirut.
Starting point is 00:12:38 I mean, they may be, though. They may have actually been on their way. Likewise, through highly placed representatives, I had a very good call with Hezbollah. They agreed that all shooting will stop. that Israel would not attack them and they will not attack Israel. Remember, Hezbollah has already come out and said, no, that's not true. We will definitely attack Israelis who are in Lebanon. In terms of striking Israel, sure, if they don't hit Daia in Beirut, then yeah, we won't hit them in Israel. But in the interim, war in Lebanon is still on. Let's put A2 up here on the screen just to show you some of the video,
Starting point is 00:13:12 Ryan. It came out in the Lebanese city of Tyre. I apologize from saying he's incorrectly. buildings, including a hospital, was struck. I know there were multiple casualties that were reported. So yeah, you can see, I mean, this was literally just yesterday in terms of the Israeli strikes that were on this city, allegedly again, always a Hezbollah stronghold. So you can see why in Lebanon you have already had, what, hundreds of thousands of people displaced, IDF soldiers occupying a significant part of the country issuing evacuation orders, which, thousands actually abided by in the Daiga district of Beirut. They're like, okay, hey, we got to go. They're about to level this place. Now, Trump did hold back on those strikes. However, we all know
Starting point is 00:13:58 it's just a matter of time before anything like that happens again. Let's put A3 up here on the screen. This seems to have been the precipitating event behind Trump calling off the strikes and calling Netanyahu. Iran had suspended all diplomatic communication and messages with the U.S. according to Iranian state media, the decision was reportedly due to Iranian opposition to the Israeli strikes against Hezbollah. And so, again, to bring it back, I think, to Professor Pape's analysis here on the show. He said two things. First, he has his framework of the escalation trap. But the second was about how Iran has turned into a world power. And what you have watched now is this great strategic folly of Israel. Iran's leverage over the
Starting point is 00:14:42 Strait of Hormuz and over the nuclear issue and the ability to not surrender to the United States has enabled them to use the Strait of Hormuz and diplomatic talks, which Trump desperately, desperately wants, as leverage to obtain restraint on Israeli action in Lebanon. And so whenever they say, hey, we're pulling out of the deal or we're suspending all talks if these strikes are going to continue, Trump immediately has to pick up the phone and restrain Israel. First of all, it shows why this is probably a doomed effort in the long run because Israel is there and constantly wants to be pushing these things. But it demonstrates Iranian veto power. And this is really what Mark Levine and others are freaking out about, is that for them, it's intolerable because they
Starting point is 00:15:25 created this monster with Iran able to shut the Strait of Hormuz, able to have all this leverage in diplomatic talks, while also having literal Israeli action, even yes, extreme Israeli action, be restrained. I'm not going to say they haven't won, you know, in the near term with all their occupation. But the fact that Iran has that ability, literally, to just come in and say, nope, the entire thing is off if this continues. And then the president has to pick up the phone and call them only demonstrates their power in these negotiations. Yes, absolutely. That's the key point. Iran said, as a result of all of these Israeli attacks on Lebanon, we are cutting off contact with the American mediators, the mediators between us
Starting point is 00:16:06 in the United States. And Trump immediately called. Immediately. Yes. That is the key point. But Trump does not seem to want to take that to the next step. Exactly. Which is, okay, if that is genuinely the power relationship that exists here at this moment, certainly given oil prices and the global economy, like approaching freefall, then I need to do something about this. He gets that, but the something, he just can't get himself to it. Because there's just no way to thread the needle of resolving this without it being humiliating. I mean, I would sign on to some type of thing. I won't make fun of him for two weeks a month. Like, what do you need? Can you put A4? Because this is where I really want your analysis, because it's really complicated. Let's put A4 up here on the screen. The Lebanese embassy issued a statement yesterday. They said, with the framework of the efforts undertaken by the Lebanese state to preserve stability and spare Lebanon, following communication, et cetera. Under the proposed arrangement, Israeli strikes on the southern
Starting point is 00:17:08 suburbs of Beirut would cease in exchange for Hezbollah refraining from carrying attacks against Israel, with the scope of the ceasefire subsequently being expanded to encompass the entirety of Lebanese territory. So they're claiming that Hezbollah has agreed not only to cease attacks on Israel, but also to cease attacks on all IDF soldiers in Lebanese territory as a request of the Lebanese government, which again is not Hezbollah, but they have some sort of back channel. How much faith should we put into this? Because again, Hezbollah had denied, at least some of this in part. We don't know yet how much of it is true. But could you explain those dynamics of Lebanese government, Hezbollah, the current ceasefire talks? Because it doesn't actually include Osbola. That's what's so confusing. The key line here, and the way it's phrased is, with the scope of the ceasefire subsequently being expanded to encompass the entirety of Lebanese territory. So what that means is it's going in phases. So first, Israeli-strily, on Beirut have to stop, and then Hezbollah strikes on Israel will have to stop. Then some other things have to happen.
Starting point is 00:18:14 That's what's left unsaid in between the comma and the width here. And then subsequently, there would be a ceasefire across all of Lebanon. So then that's where the, that's, those are the, that's where the devil resides in between there. What else, what is Hezboa asking for? A full agreement with Iran and that includes Israeli withdrawal from Lebanon, which is Iran's demand, in which case, subsequently not firing within Lebanese territory would make sense because there would be no idea of troops there. They withdrew last time.
Starting point is 00:18:49 As well is hoping that they will withdraw again. Israel clearly doesn't have any intention of doing so. So this is a very difficult difference to bridge here. Yeah, and let's put A5 up there on the screen immediately after his Netanyahu call leaked Trump truths. Talks are continuing at a rapid pace with the Islamic Republic of Iran. Thank you for your attention to this matter. And so, look, all of this was market-related because what happened is Netanyahu, as we covered yesterday, announced we're going to strike Beirut. And immediately, you had Iran cut off talks. So oil-striked—
Starting point is 00:19:27 And then—oh, right, that's right. They also threaten the Bab al-Mendep straight. Trump picks up the phone. But in the meantime, Brent crude surges by 8% stock futures drop after the Trump phone call with Netanyahu leaks and his truth social post goes up. Then the stock futures went up and I believe some oil went down. But let's not forget. I mean, what's the Brent crude currently at? $83 a barrel. So, I mean, it's still high. And if I were to look at gas prices nationally, it's still 429 a gallon and diesel still sitting around $5.43.
Starting point is 00:20:02 a gallon, which is only 40 cents or so off of the all-time high back in 2022. All of this together, it's not like anything is really happening. I mean, last week. Inventories and strategic reserves, like depleted. Yeah, yesterday, I believe that the SPR will reach its lowest level ever by next week. Total oil inventory is near record lows. All that we were going to cover this yesterday. the Chevron CEO was talking about how it's basically inevitable for oil to go to 140, 150 a barrel, which to translate it to gas terms is roughly $6 a gallon, simply because he's like, look, we don't have any more oil. It's like, we don't have enough much oil. It's like, you want it, you have to pay. Yeah, he's like, somebody's going to have to pay for it.
Starting point is 00:20:47 It's a global commodity. The straits closed, Japan, Korea. You have multiple months now where, you know, it takes a long time for these tankers to move across the ocean. So a lot of the orders place in the middle of the war. Some of them are already just now either arriving, here or are on their way to their current destination. And, you know, it takes a while for all of this stuff too empty. But the bills come and do, and I mean, basically already do with gas at 429 a gallon. Let's go to A6 here from Trump. This was also his immediate reaction. By the way, just to show you how flailing this entire thing, when the news initially broke that Iran was going to cut off talks, he told this to an NBC news reporter. I think we've been talking to.
Starting point is 00:21:30 much if you want to know the truth. I think going silent would be very good, and that could be for a long time. It doesn't mean we're going to go and start dropping bombs all there. We'll just go silent. We'll keep the blockade. Blockade is a piece of steel. I think I can wait as long as they want. They're losing a fortune. The art of the deal author, he said, also seemed to have been some grudging respect for negotiators when I first asked about reports or suspending talks. Quote, it's an appropriate thing to say because they're better negotiators than they are fighters. You know, I mean,
Starting point is 00:22:01 Trump is beginning. Pretty good fighters too, apparently. Yeah, not bad. I think what they are seeing is the futility of this Gordian knot that they are in. He can either buckle or he can escalate. And that's the escalation
Starting point is 00:22:15 trap, ultimately. In the meantime, they're trying to have everything half-ass. And even just with Israel, can we all ruminate for a second? The Titanic phone call is over, is really strikes on Beirut, not the occupation of half of the country, which they claim will never be given back to the residents ever again. They literally say it. What do they say about Lebanon, southern Lebanon,
Starting point is 00:22:41 they're like, you will never return. You will literally never return. They just say it out loud. And that's the ceasefire position. If anything, by the way, the Hezbollah and Iran and all of them, not willing to fight while half of their country is occupied is nuts, I mean, from their perspective. And it's also crazy that the sticking point between two countries, the United States and Iran, when it comes to reaching a deal, is what Israel wants to do in Lebanon. Like, if you just came to this cold, you'd be like, well, that sounds like a separate thing because the war is between the United States and Iran, as far as we're told. And it's like anti-Semitic to say anything else. So then why is it being hung up by this other conflict that doesn't have anything to do with us? Yeah. If you were to say, hey, we could all pay less in gas and we can negotiate bilaterally tomorrow.
Starting point is 00:23:31 But Israel just has to withdraw from a country, which is literally not theirs. Everyone would be like, okay. Yeah, yeah, cool. The only people who wouldn't sign that deal are the Israelis, right, who are for them. It's fine. Intolerable. Yeah, we're like, okay, cool, yeah, fine. We should still reach a deal with Iran. Yeah, we could just reach a deal with Iran. You guys just have to leave Lebanon. You know, it sucks for you. And if not, Iran can deal with it. It's not really a problem. Right, exactly. But ultimately, that's why, you know, maybe we can edit this in post.
Starting point is 00:23:58 I've just been thinking about this all day. So what are my friends sent it to me? This is the mindset of Mark Levin, who basically is a traitor to the United States for doing something like this. We will soon celebrate the 250th anniversary of the Declaration of Independence. We're off to a good start, Ryan. The Declaration was, in essence, a declaration of war against the most powerful military force on Earth, the British Empire. He ruminates on the patriotism. Every delegate who signed that document had signed their own death warrant.
Starting point is 00:24:22 Here's where it gets good. Let us remember this when we listen to the debates about whether or not we should defeat the Iranian regime. So we have a full paragraph here, which is all about the courage of the American Revolution and how much everything was on the line. And now he goes, all the arguments and even excuses against it, despite 47 years of its killing, maiming, thousands of our fellow countrymen, 47 years of lies and deceit to decades of developing nuclear and missile technology to obliterate our nation, and a farm-referral. dangerous and biological
Starting point is 00:24:54 agenda than that of the British monarchy. Yet George Washington and the brave founders of our country personally risked everything. Ultimately, the British forces surrenders. The Iranian regime will never surrender. They will never abide by a deal any more than they have abided by a ceasefire. I am
Starting point is 00:25:10 mindful. Only 35% of colonists supported war with Britain. My view may be similarly be a minority view today. I hope not. But if it is, so be it. So he links the, you know, pluckiness and the courage of the founders of the American Revolution to his support for the war with Iran,
Starting point is 00:25:28 which he now says is unpopular by his own view, but is just of a cause as the American founding was. Imagine the psychology of that. The irony, of course, which I bet a bunch of viewers have picked up on, is that the Iranian revolutionaries were inspired by the American revolutionaries. We both threw off the British. Like the Iranians threw off the British.
Starting point is 00:25:49 Like the Shah was an American and British puppet. Like, we installed the Shah because Iran had nationalized British petroleum, like a British oil company. And the Brits wanted us to take it back for them. Yeah. And so then the Iranian revolution threw them back off. And I don't even know why we did it. In retrospect, when you read it, you're like, why do we do this? Yeah, why?
Starting point is 00:26:10 They wanted to be our allies. They were a democratic government. They just wanted, like, control over their oil resources, which is a completely reasonable thing. to one. And we're not talking about 1912 or when the British Empire is at its peak. We're talking about, what is, 1950. Yeah, and they were already getting cooked in the Suez. They were on their way out.
Starting point is 00:26:31 What are we doing? Why are we fighting for these people? Yeah. So, yes, there are parallels to the American Revolution and the overthrow of the British monarchy, but it doesn't go in the direction that... It's just, I mean, reading this and seeing, I mean, but you could only read this and say,
Starting point is 00:26:47 and to compare support for the American Revolution, to support for war with Iran, is existential in no way whatsoever for the United States, but is existential for one country to Israel. You should ask, okay, who are you loyal to? Literally. Like if you believe that it's so existential, then that means that you seem to be much more loyal to Israel than to the United States.
Starting point is 00:27:05 Because you know what's more existential to the US? Oh, I don't know, $6 a gallon gasoline, which, by the way, he even says is not that big of a deal. So yeah, he's willing to sacrifice all of you for his war and to try and tell you that you're just like George Washington, if you support it. That's a level, though, in some ways it's good. If that's how reductive the propaganda has gotten, then it shows how untenable support the war is for itself.
Starting point is 00:27:33 Because this is what the Iraq War was like, and I remember it well. As the Founding Father said, we must always go in search of monsters to destroy. I think that's what it said, right? George Washington famously, in his farewell address, said we must go abroad in search of monsters to destroy. So well said. All right, let's get to AI.
Starting point is 00:27:53 Pride is like love. You feel it in your heart. IAR Radio, Canada's number one streaming app for radio and podcasts, including IHart Pride Canada, your favorite hits and must have party bangers, plus personalized and curated playlists, like back in the day pride. Come together, celebrate love. Take pride with you anytime, anywhere. Just ask your smart speaker to play IHart Pride Canada.
Starting point is 00:28:19 Stream us on your phone or listen now at iHeartRadio.ca. Number one hits, millions of records sold, awards, sold out tours. You think that Jonas Brothers are satisfied? Nope, it's podcast time. We get to ask other people questions because we're sick and tired of being asked questions. Hey, Jonas is available now, and their first guest is a big one. Paul Rudd. You know, Steve Carell is a great singer.
Starting point is 00:28:41 Can you tell you not to audition at the office or something? I told him. Whoa. We were filming Anchorman. Clearly, I was the idiot. Thank God he didn't listen to me, right? Listen to Hey Jonas on the Iheart radio app, Apple Podcasts, or wherever you get your podcasts. Keith Gianmanca seemed like a mild-mannered suburban dad, but secretly he became someone else,
Starting point is 00:29:03 a master of disguise who went on a crime spree. At the time, did it seem like a crazy idea? It seemed very crazy, but I felt so desperate that I felt that I felt that it was. was the quickest, easiest way out. Did you allow yourself to think about how it could go wrong and what that might look like? No. I didn't want to manifest that.
Starting point is 00:29:28 I was trying to manifest success. Every family has its secrets. But what happens when you discover that your dad has been living a double life? That is not the look of an innocent man. This is going to change my life and my family dynamic forever, because everything that had existed prior in my reality is now untrue.
Starting point is 00:29:52 Listen to Deep Cover the Family Man on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. Turning now to AI, huge news in the markets. Let's put this up here on the screen. Anthropic has filed to go public in a blockbuster year for IPOs. The filing could put the company behind Claude on a path to go public this year. They currently, I believe, have just raised a series H, which I didn't even know was possible. Yeah, I'm like, A, B, C, D, E, F, G, H. Okay, so there's eight rounds of funding valuing their company in nearly one trillion dollars. It also comes on the heels of Sam Altman, Open A.I, Open AI wanting to IPO, and also SpaceX, which, by the way, SpaceX, we know as a rocket company, but whose current deals that they're inking with Anthropic and others are mostly behind compute and creating companies, which would be able to have chip
Starting point is 00:30:57 infrastructure and others, cloud storage, et cetera, for AI. So AI is at the backbone of all of these different things. And I think what is crazy about it is, I've really been thinking a lot about what Derek Thompson said when he was here on our show, is that the simultaneous IPO of Anthropic SpaceX and Open AI all in the same year will create more billionaires in a single year than at any time in history. And the distorting effect, in modern history, too, we will have literally hundreds of people worth, I mean, a collective, you know, several trillion dollars very likely, just based on their stock valuations. What is that going to do to our society? First of all, in San Francisco, yeah, you're never buying a home. Unless, like, if you're worth
Starting point is 00:31:42 a measly 10 million, brother, you bet you're getting your ass to Marin County or something like that. Yeah, right? You're driving, you're driving two hours over the Slum it up there in Marin. Yeah, that's right. Yeah, sorry. I'm probably wrong. I think Marin is actually really nice. But I'm just coming.
Starting point is 00:31:55 This is my limited knowledge of Northern California. It's the most spectacular place. Oakland. Okay, how about Oakland? Yeah, it's like you're living in a slum in Oakland. If you're worth a mere $10 million. You will never buy a house in San Francisco. That's number one.
Starting point is 00:32:07 Number two, the state of California and its politics will become even more billionaire influence than at any time. The number of all-in podcast copies is skyraising is going to be. skyrocketing. The number of... The number of AI Twitter posts about... Oh my God.
Starting point is 00:32:26 Lake Tahoe? Yeah, it might... Forget about it. It's just going to turn into even more of a billionaire playground. But to be actually serious, what he was pointing out
Starting point is 00:32:35 was the distortionary impact that that will have on politics and political spending will be immense. I mean, almost undescribable. And one of the things that makes that really dangerous is that all of these people,
Starting point is 00:32:48 all of these people, will have their wealth directly tied into these AI companies, and they will need it to function, which means a couple of things. Number one is it will become too big to fail. It probably already is, which we'll get into in a little bit, requiring government bailouts and all kinds of stock manipulation or regulation incentive to keep the companies at the valuations of their need because it's just too much money being sloshed around. But the second thing on that is then it fuses their political power with this technological,
Starting point is 00:33:19 power and genuinely, you know, sets the ground. I don't want to be hyperbolic, but for like genuine techno-feudalism. Like that's where things currently seem to be going. Yeah, we've talked before about the variations in public attitudes in China versus here when it comes to the advent of AI. And in China, people generally have much less anxiety about it and feel like it's going to be deployed, you know, responsibly. Here in the United States, people feel the opposite, that it's going to lead to enormous numbers of job losses and yawning inequality and just produce a whole bunch of new billionaires and make life much more miserable. And none of this, you know, none of this, I think, is going to disabuse people of that feeling.
Starting point is 00:34:06 The only possibility that I can think, well, two possibilities. One is what we'll talk about later with Bernie. And two would be that it runs into a wall of like arithmetic and that it just, they just can't compete with the Chinese products because their valuation is built on the idea that they are selling something of serious value. The Chinese are basically giving it away. And maybe some of the U.S. ones are a little bit better. But if it's free versus like super expensive and a little bit better, you're going to go with the free one. It's possible. Yeah. I mean, this is kind of like the Apple and Microsoft debate. Obviously both massively. Anthropics said recently that, you know,
Starting point is 00:34:46 they're really losing a lot of market share to Gemini among the public. And it feels to me like it's becoming similar to how a lot of kind of, you know, if you have a master's degree or something, you have an iPhone, but most normal people have an Android. Is that true? I didn't know that. I mean, I've looked at it. I think it's like 40, 50 or something like that. Yeah, for a very long time, like the Android's a more regular person. I don't know if that's a case. But they're spreading out a little bit. it's becoming normal people are using Gemini because it's it's there right in front of them it's just right there probably already have a gmail account right and it's free to start and like and so that is going to really hurt because claude can't be a trillion dollar company unless it's you know unless you
Starting point is 00:35:32 know unless you completely block the chinese from competing which is difficult to do but maybe they can pull it off and it's somehow not a mass consumer product because it has competition i think Their selling point is about the frontier model, you know, with their ability to sell to these enterprise. Because that's where they make all the money. They should just say our business models, we're going to hack the Federal Reserve and steal all the money. Did you see that, what was it, some company forgot to set spending limits and they spent half a billion dollars in a single month on Claude? So that's what shows you a little bit about how they're making money. I am interested also.
Starting point is 00:36:08 Let's put B2 up here on the screen just to highlight again how, look, we're all in. Like, we're beyond all in. So April and May of 2026 is one of the best two-month bull runs in the history of Wall Street. So they show here that you have got January to February, 1975, January, February, 1987. Can't think of anything bad that happened after those years. March to April 09, famously a phenomenal time in American history. April, May 2020. Wow.
Starting point is 00:36:34 Yeah, who I remember that one. And now April and May of 2026. And actually, in the journal, they write, it suggests the gains will keep coming. However, of course, some sort of crash is inevitable. We just don't know when or where. They write that chip stocks have powered the S&P up 16% just across May and April matched only four other times since 1950, and the index six months later each time was higher by a median of 17%.
Starting point is 00:37:02 However, skeptics remain with those troubled by the sheer scale of the moves. For example, Micron Technology, an Idaho-based memory chip maker, has increased roughly 10-fold in value over the past 12 months to a market cap of $1 trillion. Samsung is up around 465% in South Korea over that period, and a semiconductor index just posted its strongest performance through its first 100 days of any year ever on record. Even some of the companies involved recall the tech bubble era. Intel has tripled to 2026 for its first record since 2000. Cisco and Qualcomm have both surged 50%.
Starting point is 00:37:42 Many on Wall Street are all riding the wave. And so, look, obviously this is not financial advice or anything like that. But what I do think is that it surges a level of froth and of confidence at the higher levels of the economy. I'm talking about very, very rich people who on paper are worth extraordinary amounts of money in terms of the gains that they've had. But we've also seen the inverse now in consumer confidence. And I think that's exactly what's putting down. pressure on quality of life. What's interesting, too, is to see the existential risk for a political level. So let's put this one up here, and we can talk about this. The Florida Attorney General
Starting point is 00:38:19 is now suing OpenAI seeking to hold Sam Altman personally liable for alleged harms. The 83-page complaint says that Chat TPT has helped mass shooters in deadly rampages, driven some people to suicide. The complaint said that the harms are the result of Open AIs insati's insatiable quest to win the AI arms race and amass large fortunes. I mean, that's kind of inarguable. But the big question is about, well, what exactly is his responsibility? And I think this is like a bigger question. It just tells us all, there's no regulatory oversight on this whatsoever. They can just do what they want. Sam Altman was this close to doing pornography, like to doing literatica and sexy. He only didn't do it, I think, because of some advertiser or business pressure.
Starting point is 00:39:10 But one of the reasons they wanted to do it was to get you more hooked on chat GPT, to siphon even that part off of the internet. I mean, their desperate desire is to get everybody to use this thing. And then not just to use this thing to put all of its data in it, amass all of that knowledge, and then to create frontier models, which will make it so that you don't have to work anymore, or really so that you won't work, and they will do all the work for you and capture all that value, from Anthropic to Open AI, all of these frontier model companies.
Starting point is 00:39:37 Like, everything is based on making the human less important in the workplace. They claim otherwise, but what gives it away is every single op-ed and public utterance that they have is just about mass AI job loss. Like, that's the entire thing. Yes, and if you put a B4, I think this is the key development here. This is comparing public sector transportation infrastructure spending versus spending on data centers in the United States. And as you see with this chart here,
Starting point is 00:40:10 they're now equal. And I'm sure they looked for a bunch of different things to compare, but this is a useful one because this is, you know, roads, bridges, like everything we need to like basically live in a civilized society versus like dirt roads in the backwoods. And it's now equal to data center spending.
Starting point is 00:40:33 And I'm trying, I've been doing news for 20 years. I don't remember covering any debate over this. Not a presidential level debate. It just happened so quickly. Yeah, not a, there was no vote in Congress. There was no presidential campaign that was run on. I think our national priority should be building data centers to develop AI.
Starting point is 00:40:59 There was no Senate race where that was even asked it. Yet, we are considered to be a democracy, and yet we made this extraordinarily pivotal decision. Somebody made it because it's happening. But it certainly had nothing to do with democracies. Like, okay, well, this is, the business community and the market signals just decided that this is what we could do. Okay, that is a system you can have. but that is not self-government. And I think-
Starting point is 00:41:37 We're governed by something else. Yeah, I mean, you're effectively governed by disparate market forces, but it's not all that disparate. It's really like 100. Yeah, it's six guys. We're all the same podcast. We're making this decision.
Starting point is 00:41:47 Yeah, many of whom are on the same podcast and also work in the government. What I think is really scary, though, is just about their explicit desire and public utterance about how, yeah, there's going to be mass social dislocation and job loss. And this is actually a big debate
Starting point is 00:42:03 right now in Silicon Valley. I like to go on the TBPN show with my friend John Coogan, and we talk about this all the time. And from their perspective, they believe that a lot of it is marketing, is that where the anthropic and Open AI and all them use these talking points as marketing because it shows how transformative their tech is. But at the same time, there's only so many times that the CEOs of the companies themselves can in all seriousness be like half of humans aren't going to work? And Elon being like, by the way, all of you will just get UBI, that you're like, maybe there's something to it. And I've seen researchers and others.
Starting point is 00:42:36 We've had so many of them here on the show talk about, no, like, they're not lying to you. They're actually telling the truth because, A, it makes them phenomenally rich, but they want to have some level of, you know, they want to prep the ground for what that type of thing is looking like. To the data center point, I mean, and the level of CAPEX spending, that is the only reason why we're not in a full-blown recession. I believe Canada is actually in a formal recession. One of the reasons they are is they don't have AI. They don't have, endropic and open AI. Almost any company, which is living in the real world, of manufacturing, of goods, of agriculture, of oil, is facing a massive downward pressure. The only reason we are not, and that stocks are literally at all-time highs, is because Micron and other companies are worth $1 trillion.
Starting point is 00:43:24 If we were any other country in the world, it wouldn't be that way. And I think that that demonstrates, you know, the reliance on this tech. And that's why I kind of said, you're screwed if it doesn't work out because then it's a bubble and then it's dot com all over again. It took, I think it took 13 years to recover the same market top from, yeah, I think it was 2000 and 2013. 13 years for the market to return it, which is insanity for the people who invested at that time. But I think it also shows how if it does work out, well, then, yeah, if you're an asset owner, oh, great. But if it doesn't, you know, there are all kinds of problems. And then, you know, we, you know, Ryan, you and I, we were there for the phone revolution. We similarly didn't
Starting point is 00:44:07 have a debate. It was just all of a sudden we all had phones. This time, because we just went through that experience, we have enough knowledge to be like, well, let's hold on a second. Social media. Right. Like, yeah. Let's put this next one up here, which I, it's a great story. And it's about how the University of California system went all in on AI. And now it's just tearing itself apart. They said, newly admitted students to San Jose University received an unusual message from the institution's president. They said her cameral curls were tucked behind her shoulders, her hands were neatly clasped, dressed down in a royal blue hoodie, she appeared composed and approachable. She said, congratulations on your admission. You'll have opportunities to dive into
Starting point is 00:44:46 technologies, shaping the world, and redefine what's possible. That was not actually her addressing them, but a brand new custom AI avatar. The avatar, the avatar, said, I'm thrilled to share this special moment with you. It's only fitting. Technology is now a cornerstone of what makes the university such an incredible place to learn, innovate, and to grow. This is now the AI Everywhere strategy, which aims to integrate technology across all campus life. And the story, I mean, again, it's very, very long, but what it does is it just goes into the way AI has gone into every single facet of this organization and how it's, you know, basically ripping the community apart, et cetera.
Starting point is 00:45:27 But I mean, for even that, it's like you don't have the time to film a video. Sorry, my parents are in academia. All right, like, let's be honest here. In terms of, in terms of all summer. Yeah, it's like, sorry, no shade, but some shade. You know, university president, like, what is your job? Like, you're dealing with tenure bullshit and cutting ribbons
Starting point is 00:45:48 and talking to donors. You can film the damn video. You can, you can film the video. It just shows you how they're basically trying to come up with use cases for it for everything. And it is extraordinarily useful, but it's also destroying a lot of student life and homework. And it's like everything is becoming AI. And the students, as we all saw at those graduation ceremonies, they don't even like it. They're booing it at these commencement addresses.
Starting point is 00:46:18 Yeah. No, yes. And you're also seeing a lot of companies that are starting to say, wait a minute, like, it's costing us a lot of money to have these agents doing the work. They're not doing it as well as the people were before. And now we've run through our budget, our AI agent budget. And now we don't, so we don't have them anymore because we're out of money there. And we got rid of our employees. And the agent doesn't actually know where things are.
Starting point is 00:46:51 Like there's a there's a knowledge base that you have to have to like keep things to keep things going and you got rid of all those people So that is the other hope that that that's the math that's the the wall of math that this might run into But if that in that scenario like there is just a river of tears Yes that flows from this entire structure kind of collapsing But the other idea from Bernie Bernie saying well, it's a bill to have the public take 50% ownership stake in the country's biggest AI companies. The American AI Sovereign Wealth Fund Act would have the government take AI companies 50% of stock and put it under public control. And I think before people freak out, it's like, hey, look, if we're allowed to nationalize TikTok because Israel doesn't like the way that the slaughter of Palestinians is getting, is allowed to be, you know, posted on the app.
Starting point is 00:47:51 If we can literally go ahead and seize that, then I think for something that is much more significant to the United States, we should consider this as well. Because, and speaking of, we talked about Troy Kot Jakubardi earlier, one of the unusual things about him is that he has an actual AI plan. And one of his ideas that he's running on, So he says if something is free to provide or effectively free to provide using AI, then it should no longer be the realm of kind of private profit. And the government should just make it available to people.
Starting point is 00:48:31 Like if it really is free to produce or effectively free to produce a small amount of energy and running on an open model, just let people use it. And then they can build businesses off of it. They can use it in their own lives to make their lives better. And if the U.S., if the government owns half of it, then you can actually start to make those decisions as a society. Right. And look, Trump has already laid the ground for this. Trump took stake in TikTok, this took stake in Intel. I support it all of those.
Starting point is 00:49:03 Did you get Cisco too or something? Yeah, one of them. I mean, you know why I support it? Like with Intel. I'm like, yeah, Intel is a vital manufacturing, a high-tech piece of the U.S. economy, period. Yes, the government should have a say in it. I mean, how can you look at TSM or any of these major Chinese conglomerates and not say that it's obviously the best way for it to work? Same here with AI.
Starting point is 00:49:23 If we're going to say that this is going to have a national and massive import on our quality of life, our way of life, our ability to work, on our wealth, et cetera. Not only should the government have stake and or ability to guide it from a shareholder perspective, but it's actually, you know, an old Republican value of like, fine, let's take a stake in it to from a value perspective. and actually make something out of this, not just tax some of the actual dollars that it will create later on in the economy. I think it's a good idea. At the very least, somebody's thinking about it, as he has in the past.
Starting point is 00:49:54 So I like it. I like it. But anyway, a lot of new billionaires. We are about to see, there will be more billionaires in 2027 than any time in human history. And 2026, they even go down. Yeah, probably.
Starting point is 00:50:08 Which a lot of may watch it. Congrats. Based on my ideas. But there are actually, there are a lot of good people. people that's true. That's true. That's true.
Starting point is 00:50:15 Right. Yeah. Well, some of them are like, we want to guide this as to as the least bad or a good possibility. Others are like, hey, I got to have a job somewhere. Right. Got to become a billionaire somewhere. You gotta be a big. It's like, how else can I buy my house in Marin County?
Starting point is 00:50:30 Second home in Marin. That's fair. Yeah. Yeah. Who's gonna buy a yacht at the Newport Yacht? What is it? The Yacht Club in Newport, Rhode Island? No, no, I'm thinking of the one in California.
Starting point is 00:50:41 This is my problem. I don't know my California geography, which is what they always say to me. They're like, you're not even from here. Like, why are you talking about this? All right, let's get to J.D. Vance. Pride is like love. You feel it in your heart. IR. Radio.
Starting point is 00:50:54 Canada's number one streaming app for radio and podcasts, including IHart Pride Canada, your favorite hits and must have party bangers. Plus, personalized and curated playlists. Like back in the day pride. Come together, celebrate love. Take pride with you anytime, anywhere. Just ask your smart speaker to play IHart Pride Canada. Stream us on your phone. Or listen now at iHeartRadio.ca.
Starting point is 00:51:20 Hey, it's us, the Jonas Brothers, and guess what? We have some big news. What's the news, new? Huge news. We created our own podcast called, Hey, Jonas. We invented a podcast? Well, we didn't invent it. We just contributed to a...
Starting point is 00:51:32 We're the first people to do podcasts. Pretty, yeah, pretty wide range of podcasts throughout there. But this one's extra special. So how do we actually come up with a new? name Hey Jonas, guys. I honestly don't remember. I think it was on a call about what we should call it. Well, we were thinking I'm originally calling it one of the early names of our band before
Starting point is 00:51:53 Jonas Brothers was... This is how you guys remember it going down? Yes. I have a very different memory of this. We were talking about a thing, a bit for the podcast, where people could call in and say, Hey, Jonas. And then I wrote down on my little notepad, Hey Jonas, Jonas, and offered it up as a potential title for the podcast.
Starting point is 00:52:09 But thanks for remembering that, guys. Listen to Hey Jonas on the Iheart Radio app, Apple Podcasts, or wherever you get your podcast. Just listen. We don't care where you hear it. Keith Gianmanca seemed like a mild-mannered suburban dad. But secretly, he became someone else, a master of disguise who went on a crime spree. At the time, did it seem like a crazy idea? It seemed very crazy. But I felt so desperate that I felt so desperate that I,
Starting point is 00:52:41 I felt it was the quickest, easiest way out. Did you allow yourself to think about how it could go wrong and what that might look like? No. I didn't want to manifest that. I was trying to manifest success. Every family has its secrets. But what happens when you discover that your dad
Starting point is 00:53:01 has been living a double life? That is not the look of an innocent man. This is going to change my life and my family dynamic forever, because everything that had existed prior in my reality is now untrue. Listen to Deep Cover the Family Man on the IHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Turning now to J.D. Vance and a new long profile in the New York Times. Let's put this up here on the screen. Is J.D. Vance is the 2028 frontrunner? Trump has questions.
Starting point is 00:53:41 Quote, in recent conversations with AIDS and allies, Trump often interjects with a question. Does J.D. Vance have what it takes to go all the way? He usually answers his own question. He's not so sure. It's not that Trump is abandoning Vance. He involves him in major decisions, has given him high-profile opportunities for partisan warfare and trusts the 41-year-old to wage partisan warfare on his behalf. Trump recently compared him to Elliot Ness, the mob-busting federal agent. Trump has long conducted running focus groups on his closest aids and appears to enjoy needling them and keeping them off balance. When it comes to Vance's stakes are higher as the default frontrunner, Vance's fortunes ride to a substantial degree on the enthusiasm and support he gets from Trump, and Trump's regular polling people of whether they prefer Vance or Rubio has become one of the most closely watched early indicators of how power in the Republican Party might pass to the next generation. When he conducts these polls in private, Trump often compares Vance's performance to his own achievements. He has told several allies, Vance has never won a tough race without his help.
Starting point is 00:54:39 He has brought up the number of vacations that Trump has taken as vice president, Here, I just want to do a quick fact check. They write, Mr. Trump generally does not take them. Oh, really? That would be news to every single weekend of Mar-a-Lago, which I guess is apparently- A world. Yeah, literal life is living on Air Force One in Bedminster and Mar-a-Lago. But whatever, I'll move past that one.
Starting point is 00:55:03 But this was the key line. He has repeatedly mentioned the vice president's initial opposition to starting the war with Iran and has done so in front of Vance, quote, I'm more of a peace person than you are, but I had to do it. The president has also questioned his decision to send a Vance-led delegation to a negotiation session in Pakistan that failed to end the war. And I think what this does is it combines with Trump's obvious preference, or at least more recently, with Marco Rubio, because basically all of what Trump has done in the second
Starting point is 00:55:38 administration, on a foreign policy level at the very least, it's Rubio copy and paste. war with Iran, Venezuela Maduro, Cuba being our existential threat. And so, I mean, this just demonstrates, like, the sheer futility, which I think, you know, really I've realized here, where Trump demands absolute loyalty, even internally if you were to oppose or, you know, marginally opposed, let's say in the case of Iran, where publicly you're making them beclowning yourself by, you know, comparing Iran to a suicide bomber or something like that. Even that is not enough. Like, you need to be so enthusiastic of a bootlicker both publicly and privately. And yeah, I mean, for him, he made the devil's bargain. He said, okay, I'm going to be the vice president. And
Starting point is 00:56:23 but the theory behind that, which I have a spouse here, and I've said publicly, I did know him, you know, in a previous life. And what the theory of the entire policy project was, we go, we work for Trump. And in exchange, because Trump is effectively tabula rasa, blanks late, you push from the inside to have better policy. It's been a total failure. An abject and a total failure. Now, there's a lot of reasons for that. And really, what I think it ultimately comes to is there's no forcing mechanism because even in this case, let's say you did oppose war with Iran. Nobody will ever know the truth. Even if that's true, and even if you do so internally, Trump still demands absolute contrition in public, which neuters any ability that you
Starting point is 00:57:01 have, because in public, you have to go out and defend this very nonsense as it is happening. So it just creates a mechanism where Rubio would be the more honest succession at this point for MAG. What is MAGA? Like Trump. Okay, so Rubio, let's do it. Low taxes, war with Cuba, war with Iran, war with Venezuela. All right. I guess that's MAGA. Yeah, that's MAGA. And what's crazy is that in this article
Starting point is 00:57:24 it suggests that Trump privately makes fun of JD Vance for opposing the Iran war, which which blows my mind because you would think that at this point in the war, that Trump would be like, you know what, J.D., you actually,
Starting point is 00:57:40 I should have listened to you? No, dude, it's bunker mindset. It's the, have you ever watched that movie, Downfall? Not yet. The German movie
Starting point is 00:57:46 about Hitler and the bunker. Yeah, it's the bunker. Yeah. This is fear of bunker mindset. It's like you've got to be all in. If you're even marginally off, and to that extent,
Starting point is 00:57:56 this is where I don't even want to portray that there's some marginally off. Maybe behind the scenes, maybe. I am, to the limited extent of what I know, there has been, you know, he went to Islamabad and all that. But even then,
Starting point is 00:58:07 Trump set him up for failure. I was saying, you remember, we talked about this. Jady had no, ability. Ghalabov and Arachi at that table, they had some scope to negotiate that they've been given from the Supreme Leader. Jaddy's getting up from the table every five minutes. Called Trump and Bibi. Or Bibi to say, okay, what about this? Or Jared was calling Bibi. Yeah, exactly. Like,
Starting point is 00:58:27 they had no discretionary authority. He spent 18 hours in Islamabad. Nothing happens. Literally nothing. And from that, you know, J.D.'s also, I mean, Trump has put him out, and this is Jaddy's fault as well. he's the attack dog. So what does he do? He goes out and defends the stupidest shit possible. That, you know, this is my segue. The absolute stupidest shit possible that later on, they have to rugpole and say, yeah, no, actually, it was a bad idea. So here he was a couple days ago being questioned about this, you know, slush fund that Trump was setting up. Let's take a listen. I want to ask you about that $1.8 billion fund set up weaponization funds being called. Why should taxpayers be paying to settle a $10 billion lawsuit that was brought by the President of the United States?
Starting point is 00:59:15 And should people that attacked the Capitol building and assaulted police officers, should they be eligible? Should they receive money? Should they receive money from this money? Well, let me say a couple things about that. First, John, I think in some ways the media has misrepresented what this is actually about. This is about compensating Americans for the lawfare that we saw under the last administration. And by the way, anybody can apply for it. Republicans can apply for it.
Starting point is 00:59:41 Democrats can apply for it. As you know, the President of United States has pardoned a number of Democrats who he felt were actually subject to this lawfare. I mean, if Hunter Biden wants to apply for this particular fund, he is welcome to. It's going to go through a normal process where we vet everything, where we try to identify whether people's claims are actually legitimate. But here's the question. You say, why should taxpayers fund this? Whenever the United States government incurs legal expenses, it pays out those legal expenses. When it's settling a lawsuit, it pays out money to settle that lawsuit.
Starting point is 01:00:14 And the question is, is a dollar of this money going to the Trump administration? No. Is a dollar of this money going to Donald Trump personally? No. Is a dollar of this money going to Donald Trump's family? No. The people that would get the money are people, some of whom have been prosecuted completely disproportionate to any crime they've ever committed.
Starting point is 01:00:34 So he gives us passionate defense of the fund. And now what happens? Let's put this one up here on the screen. Oh, oops. Trump is now having to drop the whole fund because they're blaming the DOJ for, or sorry, they're blaming a judge for ruling against it. Here's what really happened. The entire Republican Congress rallied up against, so this is what I'm talking about.
Starting point is 01:00:54 He's forced to go out and defend the Iran War. He's forced to go out and defend the weaponization fund. He was point man on the shooting. What am I thinking of? Renee Good. I mean, this was just a bad moments. He was out in, like, my replies. Huh?
Starting point is 01:01:06 He was out in my replies about the Ramago thing. That's right. My God. I forgot about that. I mean, yeah. So what are you doing, man? And actually, allegedly in this New York Times story, there was this meeting, there was this moment where Susie Wiles, the White House Chief of Staff, allegedly tells him to give up social media. He said he gave it up for land. He gave it up for lent. I don't know. I mean, again, who knows how much of this is true. Who knows how much this is like a Rubio op also as well. Probably a lot of it. And look, I don't care.
Starting point is 01:01:34 But my point behind this is this demonstrates, I think, the failure of a project, which, again, I believed it, was Trump tabular rasa. He's a good politician, whatever. But what happens is you have a bunch of people who work for him. They have a specific ideological worldview. They'll use his presidency to push that said worldview in which Trump ostensibly agrees, although Trump says a lot of different shit. It hasn't worked. It simply has not worked. The pro-Israel lobby and the rest of these people rolled that entire faction of the administration.
Starting point is 01:02:05 To this point now, Iran is what Trump will be known for as of right now. In terms of his presidency, it really has what has pushed his polls in a dramatic new and a different direction. It's changed and shifted the culture dramatically, I think. And already things were not going so well for the administration, but this really put things over the edge. So in a certain sense, I'm like, why would you even want to be the successor of Donald Trump now at this point? point. Let Rubio have it. You know, and then maybe, you know, you're a young guy. Maybe you can make a case sometime in the future. But yeah, I don't know. I'm curious for what you think. Put simply, the bums lost, dude. But the deplorable's lost. Yeah. Yeah, they were up,
Starting point is 01:02:44 they were up against, they were outmatched. Yeah. The neocon and pro-Israel and business lobby AI guys, they beat the bums. I was rooting for the bums. I was rooting for the bums in this intramural fight. It really is a remarkable story. think about how that happened. And what I've really seen is that because Trump ultimately is just a cult, like of personality, at the end of the day, for the vast majority of his supporters, that if you cannot oppose him on any ground, you have to publicly support. And that removes any function to push things in a different direction when he is easily influenced or decides of his own accord, Iran war, massive amount of corruption. I mean, can a single MAGA Republican, a real elected official
Starting point is 01:03:30 say what he has done with the pardon system or personally enriching himself is massively correct. They can't even say that. Can't even say that. Look at the Jubilee thing with Glenn Greenwald. They're sitting there just barking at you. They're barking at you, but what about Joe Biden? Or but what about it?
Starting point is 01:03:45 And we're like, yeah, that's bad. What did Glenn say? Add a zero, and that's Trump. Multiple zeros. Multiple zeros. And it's like their brain short circuits. They're not even willing to make a okay, lesser of two evil argument. They're like, no, it's just not true.
Starting point is 01:04:04 Hey guys, it's us. The Jonas Brothers. I'm Joe. I'm Kevin. And I'm Nick. And guess what? We created our own podcast called Hey Jonas. We invented a podcast. Well, we didn't invent it. We just contributed to it. We're the first people to do podcasts. We get to ask other people questions because we're sick and tired of being asked questions. Well, sick and tired is a strong way to put it. But, you know, tired and sick. Tired and sick. Listen to Hey Jonas on the IHeart radio app, Apple Podcasts, or wherever you get your podcast. Just listen. We don't care where you hear it.
Starting point is 01:04:48 June is Black Music Month, and on the Drink Chams podcast, we're speaking with the hottest names in the culture, like Sway Lee. Do you realize how legendary you are? I appreciate that. I'd be seeing it, but I'm like, man, I still got, like, so much more to do. Like, Prince, he dropped, like, 30 albums. We dropped, like, five
Starting point is 01:05:05 right now. That's the rate we got to be going. Yep, that's a good attitude. No matter the era, Drink Chams brings you the biggest names and the most unfiltered conversations. Listen to Drink Chams, from the Black Effect Podcast Network on the I Heart Radio app, Apple Podcasts, or wherever you get your podcast.
Starting point is 01:05:21 Happy Pride from the Outspoken Podcast Network. All month long and all year round, we're celebrating being loud, proud, and always original. It's me, Brandon Kyle Goodman, host of the podcast, Tell Me Something Messy. Check out my show for unfiltered takes on dating, relationships, and adulting. Listen to High Key for the best pop culture takes,
Starting point is 01:05:40 and there are no girls on the internet for all your tech news. For your favorite celebrity kids, Check out Outlaws with T.S. Madison. Learn to love yourself unapologetically with BFF, Black Fat Fem. And start your day with intention with waking up with Ryan coming in July. Celebrate Pride with the Outspoken Network. Open your free IHeart Radio app. Search Pride and listen now.
Starting point is 01:06:01 This is an IHeart podcast. Guaranteed human.

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