Open Book with Anthony Scaramucci - America is in Peril, Can Dave McCormick Save Us?

Episode Date: June 1, 2023

In this episode, Anthony talks with Dave McCormick, former Bridgewater CEO and 2022 candidate for the US Senate in Pennsylvania.  Dave shares his concerns for America which he highlights in his brand...-new book, Superpower in Peril. Together, they analyze the US economy, deconstruct the Republican Party, explain how we can beat China - and provide a battle plan to save our country.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Starting point is 00:00:22 Free of charge. BetMGM operates pursuant to an operating agreement with Eye Gaming Ontario. Hello, I'm Anthony Scaramucci, and this is open. book where I talk with some of the brightest minds out there about everything surrounding the written word, from authors and historians to figures in entertainment, neuroscientists, political activists, and of course, Wall Street. Sorry, I can't resist. Before we get into today's episode, if you haven't already, please hit follow or subscribe wherever you get your podcast and leave us a review. We all love a review, even the bad ones. I want to hear the parts you're enjoying or how we can do better. You know
Starting point is 00:01:05 I can roll with the punches, so let me know. Anyways, let's get to it. If America is heading in the wrong direction, what do we need to do to fix it? How should we tackle China? What needs to be done to fix our economy? The questions go on. Ultimately, we have a duty to our country and we need to act. My guest today, David McCormick, has a plan. So joining us now on Open Book, a dear friend and just an incredible all-around person, David H. McCormick, a bestselling author among many other things in his life. He's the former CEO of Bridgewater Associates, a candidate for the U.S. Senate in Pennsylvania, a great conservative leader, an author of the new bestseller, which was a great read, Superpower and Peril, a battle plan to renew America. There's so many great things in this book,
Starting point is 00:02:10 David, and of course, it's great to have you here. But first of all, I want to talk about your background because I think it's so interesting. You're born in Washington. You use wrestling as a path to get into military, but you also spent a good part of your life in Pennsylvania on a Christmas tree farm. Take us back for a moment before we get into superpower in peril. Hey, Anthony, thanks for having me. It's great to be with you. And yeah, I was born, as you said, I was born in Washington, Pennsylvania, right outside of Pittsburgh. And I grew up in northeastern Pennsylvania outside of Scranton. And my folks had a farm, small farm, and we had Christmas trees on the farm, and my dad worked at the college, at local college. And, you know, it was a great rural upbringing. It's the kind of place that on
Starting point is 00:02:52 the Monday, after Thanksgiving, the entire school would be shut down because it was the first day of deer season. And we bailed hay and trimmed Christmas trees and sports got me into West Point, and that was the path to the Army. All right, what was the weight class, David? Okay, share it with all of your fans out here. What was your weight class in high school? 155 in high school, 167 in college. Okay, God bless. Okay, I haven't seen those numbers as 1980, by the way, just so you know, okay?
Starting point is 00:03:21 I mean, maybe you have to divide by two for me to get to one of those numbers. But, so, you know, Scranton, obviously, I don't know if you know this about me. My family's from Plains, PA. My dad went to, you know, he was, you know, that's sort of in that triangle, Hazleton, Wilkesbury, Scranton. And so, you know, I used to spend all my summers out there. I've been up to Harvey's Lake. I learned how to water ski there. You know, we've had guns in our family my whole life because of that. The Friday after Thanksgiving was a big deal for us. We were, you know, four o'clock in the morning, we were pushing deer. Sort of always found that bizarre. We were walking towards the other hunters as we were pushing the deer. I'm like, I'm going to get killed. He's like, relax. These people are not going to shoot you. You know, you had that orange vest on. But anyway, I get the upbringing. But why the military, David? Why, you know, you had good action. academic background. Why go into the military? Because we're roughly the same vintage. My dad was in the
Starting point is 00:04:15 army and implored me not to go in the Army. Some days I regret that when I registered for the selective service. Obviously, it didn't get drafted, so I didn't volunteer, but you did. Tell us why. You know, it was a little bit an indirect way. I got recruited to play football and wrestle at West Point, and I didn't want to go. We didn't have any family in the military, any immediate family. And my dad said, Apply. Just apply. That's, you can make your own choice, but just apply. I had dreams of being a Penn State football player. And I applied and I got in. And then what happened is my small town just embrace this. It almost became a done deal because nobody had gone to the academies for years, decades, really. And so I really started to think seriously about it and went. And this was just in the beginning,
Starting point is 00:05:01 Anthony, of the, you know, the coming back of the military under Ronald Reagan. And so I went to West Point in 1983, and that was the beginning of morning in America. And the military, which had been in really rough shape after Vietnam, was on this rise. And I became part of what was the most admired institution in America. And if you remember those days, you and I are old enough to remember Lee Greenwood, proud to be in American. That was the song of the day. And it was a great awakening. You know, listen, he created an American renewal in our youth. I think we both fell in love with Reagan. I think he's the reason why I'm a Republican. There's another weird fact about my life. My dad's union was controlled by the Republican Party in Nassau County. It was like an obscure thing. There were probably
Starting point is 00:05:45 three counties in the United States where unions were controlled by Republicans. So when I signed up for the draft and registered to vote, my dad insisted that I registered as a Republican. But then once Reagan came in office, it became very easy to be a Republican. It's a little harder to be a Republican now, David. Okay. And I've read some of your Wall Street Journal editorials, which are fabulous. Look, I'm a huge fan of yours because I think you see the world clearly. You're an American patriot. You love the country. You've written about some of the erosion and our recruiting efforts in the military and some of the cultural things that we need to think about from a civic point of view. But let me start there for a second. Where is the Republican Party right now? Is Trump right? Trump says that the Reagan Republican Party
Starting point is 00:06:32 is dead and it's over. It's now an American first working class party. And you better embrace that and forget everything else about former republicanism. Is he right, David, or is he wrong? Or what say you about the future of the Republican Party? Yeah, well, that was, you know, that that was really the purpose of writing the book. Superpower Imparel really addresses that question of what is conservatism today. And it starts with a recognition that I, and I saw this in Pennsylvania. on the campaign show, Anthony, every VFW, every diner, every fire hall, that the American dream and what we know about America has not been available for many, many millions of Americans, and they're angry. So the economy is in decline, $31 trillion of debt, record high inflation.
Starting point is 00:07:19 The ability to be born into one socioeconomic class and get to the next, much, much more difficult. We're being challenged by China globally. And then the spiritual decline, Anthony, which I talk about, the progressiveness that's shipping away our institutions, our schools, our military. The Army had a climate change strategy under President Biden before it had a warfighting strategy. So all of that is leading 80% of Americans to think the country's headed in the wrong direction,
Starting point is 00:07:43 75% living month to month, two-thirds thinking their kids aren't going to be better off than they are. So let's start with that, because that in my mind explains a lot of President Trump's success in 2016 because he tapped into that anger. And what I say in the book is that, listen, the Republican Party was sleepwalking. When we were talking about China and globalization and open markets and free trade and open borders, we weren't really understanding what that was doing to America.
Starting point is 00:08:13 And so President Trump is right, in my opinion, and the populist pulse is right in terms of addressing those problems and making sure the American dreams are available for everyone. At the same time, there's core conservative principles that I believe is a case. country and as a party, we should remain true to. Small government. America's exceptional. The role of government should be limited. America's leadership in the world's critical to protecting our liberty at home. These are basic premises. And so what I try to lay out in the book is an agenda that reflects those traditional conservative principles, but also is adjusted to reflect the challenges of our time and to make sure the American dream is available for everyone. Are there enough people, David, in the Republican Party?
Starting point is 00:08:59 I mean, look, you got me. I mean, that's exactly, when I read your book, I'm like, this is exactly where I live from a spiritual, philosophical view, in terms of where we need to go directionally. I love your long-term thinking. We are lacking public servants that have long-term thinking. You're talking about a long-term plan to renew America, to return to its super status power, and to restore pride that our fellow Americans have in. America, but I'm wondering about the fracture. I'm wondering about what you just said. We took
Starting point is 00:09:32 families that you and I grew up with that were aspirational, working class aspirational families. We turned them into economically desperational families. I'm wondering, you know, if there's just too many now, have we fractured this thing? Or is there a way to knit it back together? And how do we do? I think we do. I think there is a way to knit it back together. I mean, the book is very stark. You showed the cover. It's like these red, bold letters, superpower and peril. That's because I think we are.
Starting point is 00:10:00 We're at a tipping point. But it's also an optimistic book, as you mentioned. And the reason it's optimistic is because this is the American story. We get to the edge of the cliff. We pull ourselves back. We've had incredible moments of fracture and divide in our country where the future looked very, very uncertain. And we've been able to renew ourselves and continue to be the great American. that we all up. And that happened in my lifetime. It happened in your lifetime, Anthony. We were just talking about Reagan. But let's take a minute on it. So, 1979. I remember it. Well, I was 14, going on 15. And stagflation, 15% inflation. The economy's in recession. We had gas prices that were through the roof. We had odd days and even days for gas. You had to be an odd day or an even day. I remember standing in the gas lines with my dad or in the gas lines in our country squire, which was a station wagon, like a half a block long with wood on this.
Starting point is 00:10:54 side. We had Desert One where we lost eight service members on the sands of Iran trying to rescue our hostages under President Carter. And 80% of Americans, just like today, thought the country was headed in the wrong direction. An incredibly divisive moment. Four years later, I'm at West Point. I'm walking along those beautiful pathways. I'm in the Hudson Valley looking down over that incredible point, which was so critical in the Revolutionary War. And it's morning in America. The economy's on fires, inflation's in check. We're in the middle of the middle of the United States. of a military buildup which ends the Cold War six years later without a shot. American confidence is on the rise.
Starting point is 00:11:30 You could feel it in the air. That's leadership. That's forward-looking leadership. So I think at this moment, we have to look forward, not backward. I think we need leaders who are first and foremost about America and looking forward above self. And I'm optimistic that in these moments of crisis that we'll find our way through it. And that's what I'm trying to do with this book is to at least help the conversation by painting a path. Okay. I mean, it's brilliant stuff, but we now have a guy on the stage. Donald Trump, he's giving me a hard time in life. He's giving you a little bit of a hard time. Okay, he said, he has said way worse about me than you. Okay, although you are a nicer person to me. I fight back with the son of a bitch. I call him the fattest president since William Howard Taft and, you know, just to irritate him. But you don't. But he says that you are Wall Street, not Main Street. He says you're soft on China, not tough on China. You're a globalist, not America,
Starting point is 00:12:23 weak, not a fighter. He said that you, this is pissing me off about him. You were in the military, a combat veteran. He had bonespurs. It doesn't make it to the military, but you're weak, not a fighter, okay? And you'll fold like the other establishment Republicans, okay? Now, I mean, it's a bunch of bullshit. We both know that, okay, but his bullshit is very effective, David.
Starting point is 00:12:44 So how do you respond to that? Are you going to stay in the political theater? Obviously, I hope you do. I'm hoping this book is a precursor to that. But how do you combat him? him where other politicians have had not success combating that sort of nonsense that he's spewing. Well, you know, listen, the thing you learn, the thing you learn in plea boxing, the mandatory class is plea boxing. And there was this old boxing coach named Herb Creighton. It's kind of like
Starting point is 00:13:10 Mickey on Rocky. And the first thing he says is you can't win unless you're willing to get punched in the face. And that's modern day politics. You got to be in the arena. You got to be in the ring. And so, you know, when you get in the ring, I had lots of people say bad things about me when I was in the ring, and you have to fight through it. And so in the book, I talk about what you just described. And I essentially just tell the story. I defend myself and say, this is what I am. And I'll always do that. I'll always stand true and fight for what I believe in. And I think that's what's required in this moment. I think if all the people who have been successful in life, you know, by the way, the founders didn't think, that we were going to have career politicians, they thought people like me would go out and have successful careers and then come, come back and serve. If people are afraid to be in the ring because they're going to get a mean thing said about them or thrown at them, then I think we're lost because the country's not going to have the right people. I agree with that. I mean, listen, what other people think of you is none of your business, we have to teach our children that,
Starting point is 00:14:12 particularly in the age of social media, otherwise, you know, the bullying and all that nonsense. But let me rephrase the question, okay? We are selecting. our leaders through a popularity contest now that has elements of reality television, this is no longer a hiring decision, okay? As an example, you know, John Kennedy and Richard Nixon in their debates were talking about Kimoy and Matsu, which are two small islands off of Taiwan, and whether the United States would defend those two islands in an attack on Taiwan from communist China, okay? and the level of detail in the debate was extraordinary. Now we're talking about tired this, low energy, that.
Starting point is 00:14:56 How do you get through that with somebody with your policy background and your chops? How do you get through that, David? You know, I just think authentically, honestly, with honesty. So I think that a couple things. You know, I got more confidence, not less. the more time I spend on the campaign sure. I think people want leadership. They want a path to the future to solve this problems. I think to give President Trump his due, I think the thing that he did is he put his finger on these frustrations and the fact that the government wasn't serving their needs. And I think that
Starting point is 00:15:36 that's been a problem for many decades. And so I think from my perspective, if I'm going to be successful in the political arena, what I need to do is essentially make sure I'm connected to the future not the past to those problems and giving authentic leadership. And I think the more we're confronting crisis, the more voters are going to say, hey, we need serious leadership to take us forward. And we'll see. You know, it didn't work for me last time. I'm obviously considering running again, but I haven't made any decisions. But really the future of the country depends on getting serious people in office who can help solve these problems. And I'm confident we'll get that. I listen, it's a great message. This book, Superpower and Peril, is a message of optimism. I've encouraged everybody that listens to open book to buy Superpower and Peril to just hear a rational voice about necessary change, necessary reform, and an honest discussion about different things. So let's go to China. It seems to me, and again, maybe I'm wrong, this is the only thing, David, that the Democrats and the Republicans seem unified on, right? They're
Starting point is 00:16:40 Both upset with China. Tell us your view of China. You write in the book that you visited China in 1992. Been back, obviously, many times. Ray Dalio, your partner at Bridgewater, close relationship with the Chinese government. Tell us about your views of China. Where do you think the U.S. relationship is going with China? How do we make things better? Well, I'm not sure we can make things better. The reason I try to go back to that history is, you know, when I travel through China in 1992, was rural. You know, I was traveling on this dilapidated train through the Chinese countryside. And I went to Beijing. in Shanghai, there was a couple skyscrapers, you know, two currencies, very rural, undeveloped economy. And when I went back 15, 16 years later, when I was in the government, I mean, skyscrapers everywhere cranes. It was a remarkable evolution in the Chinese economy. And there was a bet
Starting point is 00:17:26 that Republicans and Democrats, the consensus was also there at that time in the mid-2000s or even early 2000s, a consensus is that if we engage with China, we'd get great opportunity for American businesses because there'd be reciprocity in terms of open markets. And China would be a more benign, the evolution of China would be benign and that China would become a potential, not ally, necessarily, but not a rival. And really the opposite happened. We didn't get reciprocity from China. We didn't get access to their markets, despite them having access to U.S. markets. But worse than that, China orchestrated a strategy of stealing intellectual property, of really advancing their capabilities, and their military and technology in a way that went counter to U.S. interest.
Starting point is 00:18:14 And it was a little bit like this, Anthony, where our interest diverged over time. And then 2014 happened, and President Xi came into office, and that divergence became much more extreme because she had a vision of techno-authoritarianism that went directly counter to U.S. interest in the world. And so we now confront a true rival, a true adversary in China. And the strategy I lay out in the book is one of leadership. First of all, go to the gym at home, build muscle, build our own capability in our education system, and our technology, and our data, because right now we're lagging.
Starting point is 00:18:48 And the American dream is not available at home, in part because of our weakness at home and the things we haven't done. But then we need to confront China abroad by reducing our dependency, strategic decoupling. By holding China accountable for things like COVID, seems madness that we couldn't actually have a real conversation for years that the Wuhan virus may have originated in Wuhan in the labs in Wuhan that did such research. It seems like an obvious possible connection. We need to restrict investment in China that's going directly to supporting the Chinese military, the Communist Party. And we need to have alliances around the world that are blocking China's advances.
Starting point is 00:19:25 And if you have any question in your mind of China's geopolitical challenge to America, just look a couple weeks ago. In the same week, two front page pictures, you probably saw it. Xi and Russia with Putin and the Chinese foreign minister brokering a deal between Saudi Arabia and Iran. China is an adversary. We need to find a way to coexist with China, but from a position of strength. And that's what my book argues. So give me three things that we could do. And again, these are not short-term things. So these are three long-term, long-range things that we need to do as a country to sort of build that muscle that you're describing. Well, the first one is we've got to educate our people. I mean, it is.
Starting point is 00:20:06 a disaster what's happening in our education system. We're 22nd in the world among industrialized countries. We're teaching our kids. We're not teaching our kids how exceptional America is. They're learning to be ashamed of America and the notion that America was conceived in sin. Mass science and engineering is in decline relative to the rest of the world. We've got to fix that with school choice. Conservative have been saying that for 20 years or longer. This is the moment post-COVID where we can really break open our education system and create competition. We've got to how skilled worker training that allows our technologically advanced businesses to be able to draw on American workers to support them. And we need to stop the flow of illegal immigrants at the border,
Starting point is 00:20:47 but we need to combine that with skilled immigration reform that advances our economy. So talent's a big piece of it. That's one area. The second area, we need to decouple in areas where we're highly dependent. I was shocked during COVID to learn how dependent our pharmaceutical supply chains were on China. I didn't know that. I knew but didn't see it in action how dependent from a semiconductor standpoint we are. 90% of the semiconductors we need are manufactured 90 miles from mainland China. That dependency is completely unsustainable. It's madness.
Starting point is 00:21:21 And we let that happen. So that's the second thing we need to do is decouple in areas that make sense. Third is we need to double down on investing in technology. China, there's an article in the Wall Street Journal three or four weeks ago, Anthony. You may have seen an Australian think tank did an analysis of, 44 critical technologies to economic vitality and national security, it concluded in 37 of the 44, China was in the lead. These are things like artificial intelligence, satellites, robotics, and so forth. Hypersonic missiles.
Starting point is 00:21:49 Hypersonics, this is incredible, right? Right. So we need to double down on basic R&D. We spend about half of what we spend in 1950 as a percent of GDP. And we need to bring market forces with policy, tax benefits and co-investment into those areas of technology that are most critical to America's leadership in the world. Artificial intelligence is at the top of the list. Those kinds of policies, they don't fit an easy, you know, they're not libertarian, they're not traditional conservative. They are policies that support the challenges of our moment.
Starting point is 00:22:24 And that's what's required if we're going to lead into the next century. Listen, it's brilliant stuff. I want to test something on you, get your reaction. Okay. We come out of the Reagan era with some deficit spending. We're producing guns and butter. We know it's going to cripple the Soviets. It does. They collapse. Again, these are my theories. So I'm going to go with it. George Herbert Walker Bush does a good job not embarrassing the Soviets on the world stage as they decline. And so now there's no bloodshed in the aftermath of the Soviet Union. He then comes up with a pay-as-you-go strategy. Dick Dorman and him, they put guardrails on the Congress. If you want to raise social services, fine, but you have to raise taxes. If you want to cut taxes, that's fine. But you have to have something in the budget. He goes, unfortunately, into the Gulf War, which you participated in as a combat veteran. And he now has to raise social services because we're in a recession. He raises taxes. He says no new taxes in his campaign speech. And so now he loses the election to Bill Clinton. But he sets the United States up with these guardrails. Bill Clinton adheres to those guardrails in the 90s. We end up. with a $240 billion budget surplus. The campaign Al Gore versus Bush, Bush number two, is about that surplus. The CBO says it's going to be a $5 trillion surplus by the end of 2010. Gore says he'll spend it on the environment and education. Bush wants to give it back to the taxpayers. He wins the
Starting point is 00:23:53 election. He cuts taxes in March. But unfortunately, David, we go to war in October of 2001 as a result of 9-11. It is the first time in U.S. history we go to war without a tax increase. We go to war with the opposite. A tax cut. Bush and Cheney say go to the shopping mall. Don't worry about it. And the deficit spread starts. We hit the cataclysm of 2008. It widens. And let me give you these numbers. George Washington to George W. Bush, $7 trillion of deficit spending. Barack Obama, through Donald Trump and Joe Biden, $25 trillion. of deficit spending. What's your reaction to all that? How did we lose our way? Can we put guardrails back on the Congress and see if we can right-size that? Well, I think the headline of what you're saying
Starting point is 00:24:43 is that from a bipartisan perspective, there's been, you know, an enormous amount of spending. And, you know, I think we have, there's differences of view in economic policy between conservatives and progressives. I am one who absolutely believes that pro-growth economic policies, which are going to stimulate the economy, which includes tax policy and low taxes, is part of creating the revenue base that's going to support a dynamic economy. But that also needs to go hand at hand with discipline, fiscal discipline. And we've certainly lost fiscal discipline and the 20 years of war in Iraq and Afghanistan contributed to that mightily. And so I think an honest review of history would say this has been a bipartisan problem. But it's also important to look at the last two years. And I think
Starting point is 00:25:25 it's fair to look at the last two years and say that that spending has has gone into a hockey stick over the last two years under President Biden with the Infrastructure Reduction Act, which is a, which is an ironic twist of fate to name it that way, the Infrastructure Act and the Chips Act. And that incremental spending is not only adding to a very significant debt and deficit problem, but it's also contributing to inflation. And that is when you really start to have policy instability because you're combative. the challenge of the deficit and the growing debt with inflation at the same time. And that's the position we're in. And that path of spending has been a big contributor to it, but the spike in spending
Starting point is 00:26:07 over the last couple of years has added to it. I think also that enormous spending that took place with Iraq and Afghanistan also has contributed, I think, quite appropriately, to a degree of skepticism about America's spending abroad in terms of other places. And so I'm someone as an example, who's a strong supporter of us giving support to Ukraine. But I'm also understanding of those in my party and the Democrat party who are worried about the spending associated with that. So I think we need to address these problems, honestly and openly. A big part of it is the committed spending we have in defense and in entitlements, but a big part of it is this huge pulse in discretionary spending, which we have to bring into check. I think it's well said. Okay,
Starting point is 00:26:53 In a minute, I've got five words for you. Okay, we're going to wrap this in a minute. So I want your quick take, just a few words on each of these. Ready? War. Avoidable, but sometimes necessary. Okay. Immigration.
Starting point is 00:27:08 It has to be legal and carefully manage the borders a disaster at the moment. Okay. Superpower. Diminishing. Needs to be renewed. Leadership. the single most important ingredient to America's future. America.
Starting point is 00:27:30 Exceptional. You have a love affair with America, David. This is why you'd be a great political leader. The title of the book is Superpower and Peril. Look at this handsome guy on the back of the book. Look at the jaw, okay? That's a presidential jaw, McCormick, okay? All right, I wish you nothing but great success.
Starting point is 00:27:48 And congratulations on the book. And thank you so much for joining Open Book today. You're the man. Thanks for having me. I appreciate Anthony. Closing thoughts today on David McCormick's wonderful podcast. Dave is a great person and a great leader. He's got a tremendous worldview.
Starting point is 00:28:14 He's been around the world as a military event. He's been around the world as a business executive. And now he is making his foray in a public service. And so he's getting an angle of attack from a number of very interesting platform. And I love his take on China. The notion that we can disengage with China or somehow make ourselves into a self-sufficient moat without the help of the second or possibly the tide for the largest economy of the world is just nonsensical. Moreover, what we know about world peace is the more interconnected we are, the more interdependent we are, the higher the likelihood that we will have an ability to sustain mutual prosperity, but also mutual peace. And we've found throughout history, when superpowers disrespect each other or they breach or they disbelieve in the other or mistrust the other, we typically go to war.
Starting point is 00:29:07 And so it's very, very refreshing to hear super down to earth, very successful, but also Uber confident, confident but humble people like David McCormick wanting to go into the public service. And another guy, he's running for the Senate in Pennsylvania. He grew up in Pittsburgh. You made himself a tremendous amount of money. He's a great guy. He went to West Point.
Starting point is 00:29:35 He's a military vet. He wants to be as a senator from Pennsylvania. What makes a good leader, Ma? How can you tell when somebody's on the ball and somebody's trying to do the right thing? Well, first of all, I think you're a leader. Okay. You speak well. You're compassionate.
Starting point is 00:29:52 You're fearless. And you say things the way you feel. And you think before you speak. You're not a bad language on. Okay. But don't make it about it. me, Ma'amah, what can you watch somebody on TV or you, you see somebody, you know that they're a leader and they care about other people because why? I don't think there's too many people right now that are like that though.
Starting point is 00:30:13 I think you're the one that would save this country. I really do. I'm not saying it because you're my son. And I think that you, you know where it's at. And I think that if you had, if you could run for president and you had pick someone that was good, the country would be saved. that we're in trouble. I look at us that we're in trouble. But you're not answering the question.
Starting point is 00:30:35 I answer the question. What is the quality that you see? Because you pick up at it right away and your fingers snap. You say that person has the following quality. It is blank. What is it? Authenticity. What is it?
Starting point is 00:30:50 Can I describe Trump? Yeah, go ahead. You can describe it. I don't care. I think that Trump looks very powerful, but he isn't. because he's like he doesn't speak. He doesn't think about what he's saying. He's very narcissistic and he's like ruthless.
Starting point is 00:31:08 But if he had it together by looking at him and if he were, say, for instance, in China, you would think the guy was powerful by looking at him. But he's up in his mouth, he loses it. But he's insecure, though, right? You remember Mike Facetelli's mother? Mike Facetelli's mother, who's no longer with us, you know, she'd be 95 now. She was like, he's too insecure. She's like Donald, you're just too insecure.
Starting point is 00:31:31 He's insecure, Ma, you know? Right, because he has to have the attention drawn on him, and he doesn't know how to go about it. So why do you think he's so insecure? Well, his family has alcoholism, and I don't know. Maybe he had to prove himself and his family, and he didn't know how to do it. I don't know.
Starting point is 00:31:49 Yeah, maybe the father was probably pretty rough on him, you know, and he didn't have the self-confidence to ignore him or to work around them. Okay, so, Mao, why do you love America? Because we're free. We have freedom of speech and we can, we're just free. I love America. Why do you love it, Ma? I love it. I love it. We love it. I mean, there's many reasons why I love it. Right. If you're ambitious and you want to make money, you're a perfect example of how to make money. If you have the ambition of making it, you can live very well in America. If you're Lily Lolly and you're thinking of how to make it, but you don't really, drive and you can't make it, but you do have the opportunity to thank it if you really want to.
Starting point is 00:32:34 And you can have a good life to America. But there's other reasons, though, right, ma? Well, what did America provide for somebody like Nana and Pop? Well, my father had a lot of businesses when I was growing up because he was very, very smart. And I feel as though that you have part of his brain in you and also by the other sound because they were both business people and you became a business person. Mm-hmm. Mm-hmm. All right. All right, but you get a lot of opportunity here. You got to work your ass off, but you get a lot of opportunity. Isn't that basically what it is? Absolutely. Right. What don't you like about America?
Starting point is 00:33:11 Well, right now, I don't, I think that the mental institution should be open so that we can get rid of some of the people on the street. And I think that the people that should get a higher salary so that they don't abuse the people that are sick and they don't mind working in a mental institution. and I think that that's very important right now because I think the homeless right now is terrible. And I think some of them are very mentally ill. Yeah, it's drug addiction and his mental illness. I do agree with that. All right, just checking with you mind. We've got to find some people to help us solve these problems.
Starting point is 00:33:45 They're getting out of control. But you're doing pretty well, though, right? You're driving around in your Maserati. You're talking back to the local police officers. You know, you're getting your hair. I love it. How many times a week? At the 86.
Starting point is 00:33:57 How many times a week do you get your hairs and nails? Hairs and nails done. I was in the business of makeup, and I have like an addiction almost in buying makeup, and I love to wear it at 86. I'm not that long yet. And I wear makeup every day, and I have my hair done twice a week because it's my only vice that I have that I really love to do right now at this age. All right.
Starting point is 00:34:23 I'm just checking. All right. I love you, ma. Love you, baby. I am Anthony Scaramucci and that was open book. Thank you for listening. If you like what you hear, tell your friends and make sure you hit follow or subscribe wherever you listen to your podcast. While you're there, please leave us a rating or review.
Starting point is 00:34:42 If you want to connect with me or chat more about the discussions, it's at Scaramucci on Twitter or Instagram. You can also text me at plus 1, 917, 909-29-996. I'd love to hear from you. See you back here next week.

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