Pivot - TikTok's Future, Big Tech at Trump's Inauguration, and Biden's Final Warning

Episode Date: January 17, 2025

Kara and Scott preview all the Big Tech leaders going to Washington to kiss the ring at Donald Trump's inauguration. Then, Biden issues a warning about the dangers of ultra-wealthy oligarchy and the "...tech industrial complex," but is anyone listening? Plus, as the hearings for Trump's cabinet nominees get underway, are the right questions being asked? Finally, Scott discusses latest venture – sports team owner! Follow us on Instagram and Threads at @pivotpodcastofficial. Follow us on Bluesky at @pivotpod.bsky.social. Follow us on TikTok at @pivotpodcast. Send us your questions by calling us at 855-51-PIVOT, or at nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 Support for the show comes from Delta Airlines. No matter who you are or where you're going, Delta believes that you deserve to fly in the utmost comfort and style. It's about more than just getting you from point A to point B. Flying with Delta means you get a curated experience both on the ground and in the sky. From planning to arrival, the Fly Delta app is your ultimate travel companion with AI-powered capabilities coming soon for maximum efficiency. And stay connected at every stage of your journey
Starting point is 00:00:29 with fast free Delta sync wifi presented by T-Mobile, available to SkyMiles members on most domestic flights. Go to deltaunlocks.com to learn more about the future of travel with Delta. Calling all sellers, Salesforce is hiring account executives to join us on the cutting edge of technology. Delta. was meant to be. Let's create the agent first future together. Head to salesforce.com slash careers to learn more. I wait for the day where you're gonna say something
Starting point is 00:01:11 to me that I'm gonna have to break up with you. I really don't want that to happen. Hi, everyone. This is pivot from New York magazine in the Vox Media Podcast Network. I'm Kara Swisher and it's inauguration weekend. I'm so Network. I'm Kara Swisher and it's Inauguration Weekend. I'm so excited I'm leaving town. The inauguration, ton of pornography, a lot of drinking, Peroni, Xanax,
Starting point is 00:01:33 80s music, aerial firefighters. Just hang with me. Someone asked me, they're worried about me because I got so triggered at the election. I said, are you all right about the inauguration? I'm like, well, am I all right? I feel like Vin Reims after he was ass raped in Pulp Fiction. I'm pretty fucking far from all right.
Starting point is 00:01:51 And I just, the Democrats in an attempt to be somewhat civil and like they're back at their Princeton review, I'm done. I'm not gonna be elegant or graceful about this. We're not being civil. I refuse to normalize this shit. Yes, I agree. Yeah, let's refuse. I'm with you, Scott Galloway.
Starting point is 00:02:12 Someone's like, we have to now get along. I'm like, do we? Do we? Oh yeah, just like they did. Yes, I agree with you, Scott. I'm on board. Someone told me, you have to get along. I'm like, do I? I don't do that in my regular life. I feel like I'm gonna just stick to my consistent state of being irritated.
Starting point is 00:02:29 No, I'm gonna be more partisan, more pornographic. So for those of you who don't know, and this is a part of the program we pat ourselves on the back, Karen and I's relationship ordeal ends with Vox soon, and we're hoping to renew, we love Vox, but we're out there talking to people and literally every media company in the world
Starting point is 00:02:48 wants Kara Swisher and is willing to put up with Scott Gowry as sort of the tariff, if you will, for getting Kara Swisher on board. Oh, I like that. And as a means of weeding out, I'm gonna just become so fucking pornographic and vulgar and we're gonna see who really wants you Kara. Who really wants you, that's true. Who really, really wants you.
Starting point is 00:03:08 I do not mind the pornography. You know where I'm going? By the way, away for the weekend, Miami. Your favorite place. I can tell you where to go. Stay at the Faena, go have dinner at Sparrow Italia. You're staying at the Lowe's? Don't even, I'm not going to explain.
Starting point is 00:03:22 Jesus Christ. I have children with me. I have children. Fianna is not a children hotel. Lowe's is a guy looking to meet a pro at the bar who's on, with the National Cotton Growers Association. That's who I'm aiming for. That literally, if you wanted to find the one hotel
Starting point is 00:03:39 that feels like you're at, the Dazen in Detroit or a corporate hotel you found in South Beach. Stay where. If you're looking for kids, I'm serious about this, I need to do an intervention. Stay at the addition. That's a little bit more family friendly. Yeah, I like the addition. You know, they have that bean bag throwing thing
Starting point is 00:03:56 and there's enough kids there that the adults can't get too angry. The fine is a little too adult. They're too adult, I agree. To the addition. Okay, all right, I will do that. In any case, I'm excited to go there because the weather's gonna be beautiful.
Starting point is 00:04:09 And down here in Washington, it's gonna be like in the teens or. Yeah, there's a polar vortex coming in. A polar vortex and it's called Donald Trump. Yeah, so they're gonna show up here. There's all these places. You know what? They're having a party.
Starting point is 00:04:22 Uber and X are having a party along with some other people. But that, and I wrote Darakos or Shahia, like are you in a competition to be the least deplorable? He laughed. He's like, you should come. I'm like, I would rather poke my out with a dry stick. I got invited to a party, an AI party at the inauguration where they said that Musk and Sacks will be there and I thought,
Starting point is 00:04:46 some intern fucked up the guest list. How did I get on this thing? I know. How did you? They kind of like you. They're going to try to draw you away from me. That's what they try to do. Well, you know what they see? They see, I'm like a Jehovah. They knock on the door and I'm a Jehovah's Witness and they see like, he seemed like a really unhappy and vulnerable. Yes. I think we should stop by tomorrow. I think all these guys think there's a chance. They think that- a Jehovah's Witness and they like to see like, he seemed like a really unhappy and vulnerable. Yeah. I think we should stop by tomorrow.
Starting point is 00:05:06 I think all these guys think there's a chance. They think that I haven't taken the red pill yet, but they think it's in my medicine cabinet. Yes. Yeah. Yeah. You're a little worried I'm going to lose it. To the day where you're going to say something to me that I'm
Starting point is 00:05:20 going to have to break up with you. I really don't want that to happen. But then you come back and you say thing, I'm going to be pornographic. I'm not going to be, I'm going to have to break up with you. I really don't want that to happen. But then you come back and you say thing, I'm going to be pornographic. I'm not going to be, I'm going to be partisan and then I love you again. Anyway, so anyway, we're both not going to be here for the inauguration, but good. You know, it's my favorite part. So they have the, a lot of the ex-prednisants are coming, but Michelle Obama is like, peace the fuck out. She like, she's not coming and she's not explaining why. That's my two favorite parts.
Starting point is 00:05:46 Good for her. She's not, I love that she's not explaining why. She's like, I'm not coming, that's all. Cause it sounds like the shittiest party that you don't want to go to. Yeah. I don't know. None of the presidents are going to the lunch.
Starting point is 00:05:59 Clinton, Obama and Bush are not going to the afterward lunch that they're supposed to go to. They all pieced out of that. They're going to the show, but then they're not going to the afterward lunch that they're supposed to go to. They all peaced out of that. They're going to the show, but then they're not they're not going to the lunch. I think there is I'm gonna try and bring this back to a life lesson. One of my mentors, this guy named Barry Rosenstein from Janet Partners said one of the really nice things about having economic security said life is three buckets. There's things you want to do, right? You want to hang out with your kids? You want to go to see Cole Palmer play for Chelsea? Whatever it is. There's things you want to do, right? You want to hang out with your kids, you want to go to see Cole Palmer play for Chelsea,
Starting point is 00:06:27 whatever it is, there's things you want to do. There's things you have to do, right? If Bangkok, the city of Oxford is in town and says, I really want to meet with you guys, we kind of have to do that, right? I mean, that's more want and have to. Yes, sure. Well, you know what I'm saying.
Starting point is 00:06:38 He's not like that though, but okay, yeah, go ahead. Yeah, but if, okay, what? I don't know, I don't know. If there's just things, your mother-in-law is not doing well and you need to go visit her. You have to do that, right? Anyways, and then there's things you should do.
Starting point is 00:06:54 And building your career is about things you should do. You should go to this event because who knows, you might get a client. You should go to the bat mitzvah of your co-worker's daughter, whatever it might be. He said the thing about economic security is you can eliminate should. He said, now I just do things I have to do or I wanna do. And it was really kind of an unlock for me.
Starting point is 00:07:16 And the thing that's so disappointing about these guys and what is obviously a kleptocracy where one of, I just don't think any of these people want to go. None of them have to, they're all worth $100 billion. I'm gonna update you on that, but go ahead, keep going. They've forgotten what is the point of supposedly being economically secure in a democratic society that supposedly has some rule of law
Starting point is 00:07:39 where the DOJ won't be weaponized against you or the FTC. And that is none of these people want to be there. I just don't, I don't think any of them want to sit out in 15 degree heat and watch. Cold. Yeah. And watch, and watch basically all of them, you know, slowly bend the knee. Right. To the new autograph.
Starting point is 00:07:58 And he's also sitting them next to each other. Remember when I wrote that piece calling them sheeple in 2016, where they all went up to Trump Tower? I don't. That must be the one article I haven't read that you wrote. In any way, I wrote a piece that was, because I broke things, they were all going to Trump Tower, and they did this sheeple dance. And they're doing it even worse this time. So, Elon Musk, Mark Zuckerberg, and Jeff Bezos. And let me say, they don't like each other. They'll pretend to, but I don't care what they tell you, they do not,
Starting point is 00:08:23 or have to sit next to each other on display. I don't know which is what Trump is doing. He's putting them like they're China dolls on his shelf. Tim Cook is going, TikTok CEO Xiao Chu is going, Sundar Pichai is going. Interestingly, Sachin Adela is not going, though he did meet with them, and then Elon had to do a drop-in. He is not going, which to me is interesting. I think Sam Altman is going. Mark Zuckerberg is co-hosting a reception with billionaire
Starting point is 00:08:52 Republican donors on Monday evening, including Miriam Adelson. So, I just, this is, they're like being moved around like dolls or something like that. It's really, I find it, I don't know why you would be that rich and be pushed around like that. I just, I'm rich enough not to, I mean, I have enough money where I'm like, fuck you. Right? That's entirely right. And to, from a shareholder's perspective,
Starting point is 00:09:16 these guys can't break out of the cycle of shareholder value. And to a certain extent, the reason they're CEOs is they're supposed to be fiduciaries for shareholder value. And the greatest, I got to admit it, the greatest return on investment for a $3 trillion company right now or OpenAI is to give the inaugural committee a million dollars and say he's handsome and show up at his event and be polite. You're showing up at your boss's daughter's wedding and putting money in an envelope. I like the way you describe it, like a mob wedding. And I hate to say it from a shareholder standpoint,
Starting point is 00:09:46 it's a smart thing to do. And this is the problem with a kleptocracy or an autocracy. And that is the incentives through the campaign where if I shitpost Democrats and Vice President Harris, I know that if she wins, she's not gonna come after me. I don't know that with this guy. So it creates incentive, opinion, rhetoric, false compliments that are, you know,
Starting point is 00:10:11 essentially kind of feel very much kind of Russia-like. Oh, I love Mr. Putin. He's so handsome and he's so great. I have talked to several of them off the record who are going and they really don't want to go. Let me just say, I mean, I suspect Zuckerberg, Musk, and Bezos do. Okay, they're going to be the three that are going to sit together, like in the thing. And I suspect Tim will kind of be along the edges putting his eyes down quite a bit. Same thing with
Starting point is 00:10:36 Sundar and Sam, that would be my guess, and the rest of them. And it's interesting, I haven't heard a ton of like, Bob Iger, Bob Iger is busy dealing with the fires, because he's got a lot of employees who are homeless right now, because they have most of their operations in that area. But I haven't heard a lot of high profile other CEOs. I don't know if Jamie Dimon is going or- Oh, Kara, they're the only CEOs. The only people who matter are going. I mean, these people control the media.
Starting point is 00:11:01 Right. They have companies. You know what's interesting? Is Jensen Huang going from NVIDIA? I don't know. I'll find out. I would be really interested to know if he's going. Knowing him, I don't think he'd care compared. I mean- He's probably worried he's going to be deported because he
Starting point is 00:11:16 didn't born here, right? Yeah. I think he was born in Taiwan. I'm not sure. I believe he went to Oregon State and then to Stanford. Well, let's see. Sundar was born in India. Sit him next to Bannon. Next to Bannon. Bannon, is he gonna be there? Cause he's been going, I mean,
Starting point is 00:11:31 what I would do if I were Trump. Musk and Bannon. Musk and Bannon. I'd make them sit next to each other. Celebrity death match. And I'd make them kiss. Like, you know, like you're on- Like the Prince of Dorn in the mountain.
Starting point is 00:11:41 Yes, right. You must kiss now. You must dance together, one jig. I would, see that's what I, nobody knows how to be rich and evil. Speaking of being rich and evil, waiting for the inauguration right now. Yeah.
Starting point is 00:11:54 It feels like James Bond and Goldfinger waiting for the laser to cut your dick off. Oh, remember that. Coming up the thing. By the way, that was a joke from, I think that was Jimmy Kimmel, was that Jimmy Kimmel? No, Stephen Colbert. I need to credit the comedians I steal from.
Starting point is 00:12:08 Anyway, interesting. Meanwhile, at the other end of Pennsylvania Avenue, President Joe Biden delivered a stark warning in his farewell speech on Wednesday about the dangers of tech titans with unchecked power. Shall we listen? Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead.
Starting point is 00:12:37 We see the consequences all across America, and we've seen it before. So Biden mentioned the tech industrial complex. You're welcome, Biden. I say that all the time. Taking a page from Dwight Eisenhower's military industrial complex. He also said, quote, the truth is smothered by lies told for power and for profit. I, you know, they of course made fun of him that he's whining. I kind of liked it.
Starting point is 00:12:58 I liked that Joe's going down fighting. I liked it. I liked the whole thing. What did you think? American makers of plowshares could, with time and as required, make swords as well. But now we can no longer risk emergency improvisation of national defense.
Starting point is 00:13:11 We have been compelled to create a permanent armaments industry of vast proportions. The conjunction of an immense military establishment and a large arms industry is new in the American experience. Yet we must not fail to comprehend its grave implications. This was Eisenhower warning about the military industrial complex, and it was a very prescient speech.
Starting point is 00:13:31 This was a general. Keep that in mind. Yeah, this was a guy who was not afraid of war, was a big supporter of the military, and he saw the emergence, the conflation of private interests and national interests to create a permanent military industrial complex. And there's no doubt about it. Biden's speech writers looked at this speech and I loved this speech.
Starting point is 00:13:52 I think this is, and unfortunately no one gives a shit because Musk is gonna show up at a fire station and dominate the media or they're gonna talk about Vivek Ramaswamy taking the JD Vents Senate seat. I mean, I gotta give it to them between X and social media. They have basically just squeezed out. I mean, is Biden still president? You wouldn't know.
Starting point is 00:14:18 This was an important speech. It's actually, in some ways, I think it's his most prescient speech. It's a warning about the aggregation and the concentration of power around an industry. And no one gives a shit. No, they do give a shit. Here's why.
Starting point is 00:14:34 I was thinking about the Jack Smith thing getting released, the files and some of this other stuff. And everyone's like, well, it's over. I'm like, you know what? Historically, it's not. We have to think long-term. Eventually, this will have importance. I don't know what happened when Eisenhower gave this speech.
Starting point is 00:14:50 We weren't there, and obviously, we don't know. But I feel like it's important for history to have this on the record. It's important for this report not to be suppressed. It's important for Biden to say those things. And I do, you have to sort of get a bigger, more historical thing and how it's gonna go down. What do you think Biden's legacy will be in 10, 20, 50 years?
Starting point is 00:15:11 Well, I think it'll be tarnished by the fact that he ran again when he said he wasn't going to. I think that's hard in 10 years. I think, you know, he's leaving behind a really strong economy. He's done a lot of great things. I think probably good. I think eventually good, except it really strong economy. He's done a lot of great things. I think probably good.
Starting point is 00:15:25 I think eventually good, except it depends on what Trump does, right? If Trump creates a dystopian future, it'll be bad. If he doesn't, maybe better, I guess. I think in the long run better if everything, if we move along from Trumpism. It just depends. I don't know. But getting it down for history is critically important, even if it doesn't matter. That's my feeling. I mean, remember that at long last, have you no shame? At the time, I think that was smothered out. And
Starting point is 00:15:54 now it is when it was during the Army McCarthy hearings to Joe McCarthy. That wasn't when he went down, by the way. It was much later. And so I just feel like it's to say it is important. Often people say that sometimes when I say things, they're like, why are you doing it? And I said, I'm not doing it for today. Like I'm not, it must be said, I think. And I think Biden deserves much credit. Speaking of things that I talked too much about over 400 employees at the Washington Post sent a letter to Jeff Bezos. This is interesting. 400 employees. The letter expresses concern about the future of the paper,
Starting point is 00:16:26 including quote, recent leadership decisions that have led readers to question the integrity of the institution. Makes a point to note that the concerns are unrelated to Bezos' decision and endorsements of presidential candidates. I'm just pointing it out. You don't have to say anything. I think 400 employees doing that is interesting. I didn't make them. Maybe if they really get serious,
Starting point is 00:16:44 maybe they could do a lunch walkout. Look folks, as somebody. Okay. All right. I haven't run big companies, I've run medium-sized companies. Don't send me fucking letters, just quit. Just go to work for the New York Times.
Starting point is 00:17:00 Okay. All the peacocking and posturing and complaining and whining. You know, what I said to my ex-wife, yeah, I understand, let's get divorced. I mean, that was harsh. Lovely woman, lovely woman. Anyways, I'm kind of done with employees bitching and moaning and it's a free labor market.
Starting point is 00:17:22 The reporters at the Post are some of the most talented journalists in the world. Okay. Jeff Bezos, isn't going to- you want to talk about things he should do and he won't? You really think this is going to move the needle? I get it. I'm going to interject here because when I worked there bitching and moaning during
Starting point is 00:17:42 a very early Me Too thing made a difference. Initially, they ignored the reporters and they pushed it and pushed it internally and it worked. and moaning during a very early Me Too thing made a difference. Initially they ignored the reporters and they pushed it and pushed it internally and it worked. It does, it can work at certain times. I think that's the mother of all false analogies. Well, why?
Starting point is 00:17:56 It can work to speak up. Because sexual harassment and suppressing the rights of women and that's just a whole new. All right, I'll try to think of it. That's a warning. Cartoons. Cartoons? Yeah, one time the Post cut cartoons.
Starting point is 00:18:08 They took out cartoons and it so angered the readers that they put pictures around the Post. That worked, they put it back. I'm just saying it's okay to speak up. Oh, we didn't talk, let's bring this back to me. You wanna buy newspapers, just see what I bought? What, what did you buy? I bought a football team in Columbia.
Starting point is 00:18:24 What, are you part of that group? Yeah. Explain for the people. Are you Ryan Reynolds adjacent? Yeah. Not even. I'm at the very bottom of the article and I say, also joining the investor group is podcaster and author. Yeah. I'm my midlife meat crisis, Kara.
Starting point is 00:18:43 I am part of a group. So explain the team. I don't have any interest, but go ahead. It's the second largest team in Bogota La Equidad. Second largest. It's the second largest team in Bogota. Bogota, I gotta say that correctly. Bogota.
Starting point is 00:18:57 Bogota. This really smart kid who scans the world for teams and investments approached me and said, we're putting together an investor group. And I really like this kid named Rob McElhaney. He's Ryan's partner in Rexam and he does this fantastic show called It's Always Sunny in Philadelphia. And the two of them, a friend of mine from Apollo, Eva Longoria, we've, anyways, we bought this team. Do they know who you are? Do you get to hang with them? Do we get any perks for
Starting point is 00:19:24 this situation? Well, it's cost me a lot of money, I hope so. No, but do they know who you are? Are you just- Who is they? The people you just spoke of, Ryan, Ava. Oh, the investor group. No, but Rob does. I think Rob got me into the deal.
Starting point is 00:19:36 And also the guys who do the deal. The honest answer is I don't know how I got into the investor group. Why did you get in the deal, may I ask? What, like of all the people in the world. Because I fear death and refuse to acknowledge I'm going to die. No, but how did they get to you? It's like.
Starting point is 00:19:50 How did they get to me? I don't know. You scan the world and you go, ah, Prof. Galloway. Cause of Kara Switz. Well, no, no, I don't know. I don't know if you listen to this or other podcasts. I'm super into. You talk about it.
Starting point is 00:20:01 I'm super into football. And I wanted to buy the Glasgow Rangers, but I couldn't figure that out. And so this, I'm excited to spend more time in Columbia. So are we going there? Are we flying the jet? We're going there a lot. Are you kidding?
Starting point is 00:20:14 Are you gonna scram? Can I come with you? Yeah, or at least your boys can come with me. Anyway, so good. Okay, all right. Well, that's kind of glamorous. Team owner. From now on, I want you to call me team owner.
Starting point is 00:20:23 Okay, all right. I'm gonna be a fourth, fifth wife, Well, that's kind of glamorous. Team owner. From now on, I want you to call me team owner. Okay. All right. I'm going to be a fourth, fifth wife, star-making, ridiculously stupid, bigoted racist statements and have the league freak out. Oh, all right. Yeah. I can't wait. I love that.
Starting point is 00:20:37 You're like the other guy in the investment group. I like that at the bottom of the press release. I like that. Congratulations. It's hilarious. If you do read the articles, I'm literally the last sentence. They said also joining the investor group. You're like, you're at the bottom rung,
Starting point is 00:20:50 hanging on and Ryan Reynolds ass is way up there along with the leave-in. I'm Sophia Coppola at the Academy Awards. So I'm like, I'm here. She made some very excellent movies. Anyway, congratulations, Scott. I think that's great. I think that's great.
Starting point is 00:21:04 I'm not gonna be buying a team in any case. Anyway, we've got a lot to get to today, including last minute plans to save TikTok. Big deal. And the heated confirmation hearings for Trump's cabinet nominees. Okay, so then let's get to our first big story. As we tape Thursday morning, we're still waiting for the Supreme Court to decide on the TikTok ban. TikTok, Supreme Court. I mean, it's January 19th is when it runs out, which is Sunday. But a lot of TikTok news is happening since our last episode. First up, as usual, I was right.
Starting point is 00:21:34 Chinese officials have reportedly internally discussed an option of selling TikTok to Elon Musk. Though TikTok is called the report's pure fiction, as if they'd know. Of course, they would like Elon to have it. He's adjacent. He's got a lot of business interests there. TikTok also has a lot of advocates in its corner. President -elect Donald Trump is considering executive order to save TikTok once he's in office, although someone likened it to a press release with better stationery because it doesn't have the force of
Starting point is 00:22:00 law. Because five years from now, if Trump's not there, a Democratic president or someone else could hold Apple and Google libel, just so you know. So I think they're going to follow the law and not Donald Trump. I think you're right. I think you got that right. He doesn't want to enforce it. Senators Ed Markey, Ron Wyden, and Cory Booker, along with Rep. Rep. Ro Khanna, our friend Ro Khanna, have announced legislation to extend the TikTok ban deadline. It already has a 90-day thing that the president can put in place if there's efforts underway, but there are not efforts underway. And President Biden's administration is considering, who would push this thing, is considering ways to keep TikTok available
Starting point is 00:22:34 in the U.S. if the ban goes into effect. TikTok has said it might close down Sunday. There's a number of things that could happen, but I suspect if the Supreme Court says it's legal, There's a number of things that could happen, but I suspect if the Supreme Court says it's legal, Apple and Google will shut it down or they'll shut themselves down. Talk a little about the backtracking and what, I don't know what this is about. The delay is interesting to me. Maybe there's a little bit of, or maybe they all want to write their own, this because this is such a big, and it is a big and important decision. Tell me what you think here because the delay is interesting. I
Starting point is 00:23:06 only think they all want to write. That would be my guess, and they need some time to do that. Yeah, I think it has geopolitical overlay, and that is China and the US are the two biggest economies. No one calls them enemies, but we're adversaries. And I think it's just dumb from a game theory standpoint. I mean, essentially what's happening here is the Biden administration kind of got tough, proposed this legislation, it passed, it's law. It is law of the land, as you point out.
Starting point is 00:23:33 Law of the land, law of the land. And all this bullshit with Democratic senators trying to scramble to write new laws to extend the ban, hoping that will China will back down. Well, guess what? We're blinking, they're not. And so to not the ban hoping that with China will back down. Well, guess what? We're blinking, they're not. And so to not actually ban this thing, regardless of the fallout, I believe weakens our ability and gives Xi the ability to think, you know what, when shit gets real,
Starting point is 00:23:59 we don't blink, they do. We're blinking right now. And I think that has geopolitical ramifications across any negotiation, whether it's China or trade. And that is they've said, they've essentially said, we're calling your bluff. And we've said, oh, okay, maybe we can figure out a way to extend the deadline, so maybe you'll blink. They're not going to, or it doesn't appear they're going to. The other observation I would make is that,
Starting point is 00:24:24 and I really hope this doesn't happen around Elon, is whenever Elon says something incredibly stupid or cruel or just downright bigoted, people do the kind of trumping, oh, you know, he doesn't mean it, it's late at night, he says these things, you're right, it's just he has kind of a, one of the things we love about him is he has no filter.
Starting point is 00:24:46 He has a lack of control. Well, guess what? Where he has a filter, like, you know, a woman on Tinder who's attractive, who's like, you know, swipe right on one out of 7,000 men. Notice how he never says anything negative about China. Of course not. He's got real self-control and maturity when it comes to China.
Starting point is 00:25:09 Never said anything. Oh, and by the way, Brazil, who said, go fuck yourself, all of a sudden, he's really polite and doesn't say anything. He's restrained around Brazil. So this is the problem with, again, with a democracy and free speech that's not enforced for everybody and people aren't protected universally, is the incentives become shitposts to people who don't have the balls or are still holding onto the fidelity of free speech and democracy because there's no downside.
Starting point is 00:25:38 Yeah. It'll be interesting to see what happens. I do think the Supreme Court will probably weigh in on national security issues. It seems like all the other courts have done so. It is the law. A Trump executive order will do nothing, just so you're aware. It's just empty things. And he can say, I'm not enforcing it. Pam Bondi in her hearing, which we'll talk about in a minute, didn't confirm or deny whether she do. It doesn't matter what they think. It matters is what Tim Cook and Sundar Pichai thinks can happen to them
Starting point is 00:26:05 in five years if they don't follow, because they can be liable for $60 billion in fines, right? If they don't follow it, even if Trump later and stuff like that, they are liable. They have to follow the law, which is right now that. Now, Congress can change it. They can shift things. They can make new legislation. They can override the ban completely. But then you're right. We look like fucking wimps. We look like wimps to China.
Starting point is 00:26:31 And once again, and of course Trump wants to do the deal. I'm going to do the deal. I can see apparently spending an enormous amount of its time because it's so visually interesting to him. It's like, I'm going to show the art. I keep saying art of the deal. Like stop it. Like there's no deal here.
Starting point is 00:26:45 You were the one. Let me just say, you know the OG person who started this? Donald Trump. Donald with his executive order against TikTok. I agreed with him at the time, by the way. And so he started this mess and now he's going to come, it's like the arsonist is going to come put out the fire. He started this thing.
Starting point is 00:27:04 Now he's trying to stop it. Everyone wants credit for the deal. There's all these very self-interested people around the basket like Jeff Yas, Elon Musk, Larry Ellison, whatever cockamamie idea they have, whatever billionaire can take over. And so I think they're going to, there's nothing they can do. There's nothing they can do unless they overturn the actual law, which they can do. That's what they absolutely can do. Interestingly, while TikTok users are worried about the app will be banned, our flock to
Starting point is 00:27:33 other Chinese social media app, they didn't rush off to Metta or anything else called Red Note, which is apparently, I haven't gotten it, it's apparently very fun. The app has grabbed the number one spot on Apple's most popular free apps chart with a reported over 700,000 new users joining in two days. They can do this all day and night. You remember that from the Avengers? I can do this all day and night. The Chinese can do this all day and night with us. And now people are flocking to all these Chinese apps. Well, we're gonna ban all those, right? I mean, it just got... We should have had a larger bill because... We should have had a larger, a larger bill
Starting point is 00:28:05 because, and we should have had a larger bill. That's what happened here. We had a shitty bill that was all ridiculously political and, and performative. And now we've got this. And have you tried Red Note, Scott? Have you, what do you think about? Oh, Kara, I can barely like, I had to have my assistant download Blue Sky. I am so sick of building an audience and then finding out that the people that own this one are bad and trying to get on another one. I mean, there's tug tug boat.
Starting point is 00:28:34 There's just so many. At some point, I'm just going to go back to Post-its and maybe put it in the elevator and maybe my neighbors will find it funny. I'm just going to start posting memes. I lived in Washington. I lived in faculty housing until 2017. There was a woman there who's, NYU is a gentle place and we don't kick people out of faculty housing.
Starting point is 00:28:56 So it's literally a senior's home. I was hands down the youngest person by about 70 years. There was a woman there whose husband who was like some big wheel in the Greek classics in the 60s, has been living there and she'd be outside and I liked her because she'd play with her dog and his tennis ball. And she used to, she put up a little cork bulletin board and she put up like funny comics. That's where I'm headed.
Starting point is 00:29:21 I think that's the last safe platform for me. I'm going to get you a cork bulletin. I'm going to find the cork board and I'm going to post my shit there of aerial fire fighters. Little tacks. Anybody on Monday that needs a break from this, I'm not going to advocate joining me in my Peronians-Annex methodology, the panics method. I'm going to be nonstop posting 80s music and footage of aerial firefighters.
Starting point is 00:29:46 That is it. That is it. I'm nothing- That is your pornography now at this point. Nothing about this. No, pornography I'm going to do on my own. I don't even take a retch out- You got the story I wrote you about how popular they become, how it's been like online pornography, watching these things.
Starting point is 00:30:00 Oh, really? Yeah, I sent you a story. I don't read most of it. You sent shit out all day. I don't read most of it. I do. You should read it. I sent it directly to you. It's all about the area. And also, there's many women in that group. The funniest thing you sent me,
Starting point is 00:30:11 you did send me something where I laughed out loud, was a picture of a beat-hack set. Yeah. And it said, DUI hire. I thought that was really funny. That was an AI thing. Yeah. Yeah. We'll get to that then. All right. We'll see where it's going to happen in the band.
Starting point is 00:30:24 Supreme Court, get going, tick tock, tick tock. When we come back, we'll talk about the contentious confirmation hearings for Trump's cabinet, including DUI hire Pete Hegseth, and take a listener mail question about recovery responsibility with the LA fires. Support for the show comes from Delta Airlines. In 2025, Delta Airlines turns 100 years old.
Starting point is 00:30:52 That's a century of changing the way we fly, a century of making the world more accessible by transforming global travel. Delta has led the way in shaping solutions that improve the lives of their customers. Looking to the next 100 years, they're thinking boldly and moving quickly to implement impactful innovations that make every journey as unique as you are. Delta is evolving the in-flight entertainment experience with new partnerships and features unlocked with your SkyMiles membership. Delta Sync Seatback gives you in-flight access to curated entertainment, exclusive offers, and more from brands you love.
Starting point is 00:31:26 And coming soon, you'll be able to access even more tools to help you customize your onboard experience and get ready to arrive at your destination. And coming soon, your FlyDelta app will give you access to Delta Concierge, a series of AI capabilities built into the app to give you more control and confidence navigating your travel experience. Whether you're a frequent flyer or an occasional jet setter, Delta Concierge will make you feel like a travel pro. Go to deltaunlocks.com to learn more about the future of travel with Delta. Support for the show comes from Zbiotics. If you're like me, you enjoy a good cocktail but could do without the aftermath of having one too many. You might want to try Z-Biotics.
Starting point is 00:32:08 Z-Biotics pre-alcohol probiotic drink is the world's first genetically engineered probiotic. It was invented by PhD scientists to tackle rough mornings after drinking. And according to Z-Biotics, here's how it works. When you drink, alcohol gets converted into a toxic byproduct in the gut. It's this byproduct, not dehydration, that's to blame for your rough next day.
Starting point is 00:32:28 Pre-alcohol produces an enzyme to break this byproduct down. Just remember to make pre-alcohol your first drink of the night, drink responsibly, and you'll feel your best tomorrow. So, I've been using Z-Biotics. I have tried to dramatically decrease my alcohol intake, but when I do go out and know I'm going to drink, I do Z-BBiotics and I have found the next day There's no free lunch. I still know I drank the night before but I have found that I'm not as hurting as I usually am. In other words, I have found that this works. Go to zbiotics.com
Starting point is 00:32:56 Pivot to learn more and get 15% off your first order when you use pivot at checkout. ZBiotics is back with a hundred percent money back guarantee, so if you're unsatisfied for any reason, they'll refund your money, no questions asked. Remember to head to zbiotics.com slash pivot and use the code Pivot at checkout for 15% off. Miller Lite. The light beer brewed for people who love the taste of beer, and the perfect pairing for your game time. When Miller Lite set out to brew a Light Beer, they had to choose great taste or 90 calories per can. They chose both because they knew the best part of beer
Starting point is 00:33:37 is the beer. Your game time tastes like Miller time. Learn more at MillerLite.ca. Must be legal drinking age. Scott, we're back with our second big story. A number of president-elect Trump's cabinet nominees are on Capitol Hill this week for their confirmation hearings. It's, you know, the speaking performative.
Starting point is 00:34:02 Secretary of State nominee Marco Rubio got a welcome reception from senators on both sides of the aisle. Senator Rubio has never seen more qualified. He's never seen... He's like the statesman of the 20th century right now. Yeah, little Marco, little Marco, is low bar Marco. And may I call you Marco? Well, Attorney General nominee Pam Bonney faced pointy questions about election nil
Starting point is 00:34:24 and prosecuting Trump's enemies. She was pretty slippery, I thought. And when asked by Senator Blumenthal about whether she would enforce the TikTok ban, Bondi avoided another direct answer. What a good lawyer she is. Let's listen. Will you commit to enforce that law on your first day if you are confirmed? Senator, as I discussed with you during our meeting, that is pending litigation within
Starting point is 00:34:48 the Department of Justice. Well, it's pending litigation, but will you enforce that law? I can't discuss pending litigation, but I will talk to all the career prosecutors who are handling the case. Absolutely, Senator. Oh, what? Give her the job. I don't know what else to say.
Starting point is 00:35:07 Yeah, I mean, I find all this. I'm sure it'll be under a house. It's pending litigation. Are you going to pick your kids up from school after school today? That's speculative, Senator. I don't. That's a hypothetical. I don't. I don't know. Yeah, yeah. She's not going to enforce it, but it doesn't matter. They'll enforce it themselves. What did you think of her at that hearing?
Starting point is 00:35:28 Just curious. Pam? Yeah, Pam. Let's call it Pam, Marco Pam. Let's diminutize all of them. Well, look, okay, one, as a citizen, and when these people evaluate people for what are incredibly important jobs,
Starting point is 00:35:42 I would find it refreshing if some of them actually answered questions even if it upset people. But in terms of her skill set, I thought she demonstrated real skill. She demonstrated outstanding political skills. She came across as indignant and refused to answer any questions. That's the environment we're in. So I thought she was quite skilled,
Starting point is 00:36:03 which makes her quite frankly, probably even more scary. I think Hegseth- Oh, we're getting to that. Let me read. Yeah. So the real fireworks happened at the hearing for defense secretary nominee, the very unqualified Fox News host, he's qualified to be a Fox News host, Pete Hegseth, whose confirmation is looking likely at this point, Hegseth had heated exchanges with Democrats over allegations of sexual misconduct and his comments about women in combat and whether he's qualified for the job. And when asked by Senator Elissa Slotkin about whether he would carry out an illegal order from the president, Hegseth danced around and badly. Let's listen.
Starting point is 00:36:39 Do you believe there is such a thing as an illegal order that Joe Biden or any other president Donald Trump could give? Is there anything that a commander in chief could ask you to do with the uniform military that would be in violation of the U.S. Constitution? Senator, anybody of any party could give an order that is against the Constitution or against the law. Right. Okay. So, and are you, so are you saying that you would stand in the breach and push back if
Starting point is 00:37:04 you were given an illegal order? I start by saying I reject the premise that President Trump will be giving any illegal orders at all. All right. Well, again, you know, and they also came out swinging during the hearings, focusing a lot on Hegs's personal shortcomings. I did not feel this was an effective strategy. Me and me and the Cuban didn't think it. 100%. I thought they should, like, nobody cares that he's a drunk and a cheater and possibly a sexual predator. I mean, allegedly, I think he seems pretty yucky to me.
Starting point is 00:37:35 Creepy at the very least. Creepy and drinks too much. We know that. I don't think anybody cares. Obviously Donald Trump doesn't care. The senators, these Republican senators don't care. What they needed to do was show what an incompetent person is.
Starting point is 00:37:49 And Senator Duckworth tried to by trying to get him to name countries. What are the nations in Ossiana? Yeah, right, exactly. They should have been a rat attack with, what about this in the Ukraine? What about here? What about Houthis?
Starting point is 00:38:04 What about Syria? What would be your next move in Syria? What would be like, buh-buh-buh-buh-buh-buh-buh? To show he is just as dumb as a box of hammers. And that would have been a much more effective thing to do centering in on his, with his honestly, I don't care that his wife was there. I mean, he's obviously a pig, but, and he may have changed. I have no idea. I don't get the impression I've heard. There's been reports he continues to drink heavily. I don't think that matters at this point, even though I agree it's pretty heinous, but I thought they, they bollocks this badly. What do you think?
Starting point is 00:38:36 I think you're exactly right. You kind of stole my fund. First off, uh, Senator Jill Brown's questioning of him totally triggered me. And I was trying to figure it out. And I'm like, this is summarized, her tone and his face summarized the last year of my first marriage. It just, that was a joke. I thought that'd be funnier.
Starting point is 00:38:54 Okay. But you're exactly right. The questions, folks, Trump has demonstrated that we have moved, and that is, and Democrats kind of started this off. I, you know, a lot of former presidents have not acquitted themselves well, but basically President Trump has demonstrated
Starting point is 00:39:16 that at least 49% of the populace, and probably like 70, like, regarding drinking, personal behavior, what I'll call more generally we refer to as character, you know, honey badger just don't care. And it doesn't, you come across as indignant, you come across as a cultural press, it doesn't work. What they should have been asking is,
Starting point is 00:39:39 what do you think is the likelihood or the capabilities of an amphibious assault on China and what are we doing to prevent that? What new technologies or combat techniques have you learned from the wars in Gaza and in Ukraine? And I think it would have demonstrated, I believe that quite frankly, he just doesn't have a command of the, he doesn't have the domain expertise to make really good decisions around this stuff.
Starting point is 00:40:05 I believe I don't, you know, he knows a lot about combat, but the defense secretary is supposed to be able to make very high level decisions strategically that position us to be the greatest, continue to be the greatest fighting force in history, and then coordinate resources across all sorts of agencies and five different branches of the armed services. And no, they didn't go there. Instead, the Democrats- They went a little bit around his bad management of his tiny little things, which I think they should have too, but current things.
Starting point is 00:40:36 Well, even that isn't adjacent. Current things. That's right. Senator Duckworth was the only one that kind of did her, in my opinion, that kind of did her job. And that is- She's in the, she's been in the army, obviously. He can be a low character person and still,
Starting point is 00:40:48 I hate to say this, be probably a competent secretary of defense. What you can't be is a high character person who doesn't know what the fuck you're doing and how to organize 3 million men and women in uniform with multiple alliances, multiple technology. I mean, you have to understand somewhat the incredibly complex supply chain
Starting point is 00:41:08 of trying to figure out a way to arm and supply nuclear submarines roaming the earth that aren't even coming above water for 18 months. This shit is complicated. Showing him as incompetent, showing, like I was always like, show, don't tell. They kept saying he was incompetent. Show him as incompetent.
Starting point is 00:41:30 Show that he can answer a question. The funniest one though was you show this, like what are the countries in this group and what are the countries in this? And then you ask him, okay, what are the three brands of vodka? You could make a joke. You could bring that drunkenness in,
Starting point is 00:41:43 because he knows the three. That was George Conway. That's pretty disrespectful, but okay. I know it is, but I make a joke, you could bring that drunkenness in, because he knows the three, that was George Conway. That's pretty disrespectful, but okay. I know it is, but I'm just saying, well, if they're going to do the performative thing, you might as well do that. General Jim Beam and Sergeant Jack Daniels. Right, this was the George Conway thing. First ask him the hard question and then ask him one that he knows the answer to.
Starting point is 00:42:00 But it was, it's really, it was just, let me just say, I was interesting when I said this and Mark did the same thing, I got like, like, oh, people do care. I'm like, they, I care, you care, nobody else cares, or they don't care enough to, to knock him off for this. And by the way, if you don't think we've had really creepy drunk, the Secretary of Defense in our history, I don't know what you're smoking. Because we have, we've had a lot of creepy people in high positions of power in this country for years and years and years.
Starting point is 00:42:31 I'm sure we've had rapists, I'm sure we've had drunks, I'm sure we've had all kinds of malfeasance. But what matters is competency in this moment because publicly, it doesn't, they didn't put a glove on this guy, I thought. But just to be clear, he's never been convicted of anything. Right, exactly. That he's clear.
Starting point is 00:42:53 He paid her off, that's fine. Yeah, which in some cases people do pragmatically. I feel like I have to be Mika with me on Morning Joe right now. Right, right. But I'm all about, I don't think Nixon was a good man, but I actually think he was pretty fucking brilliant geopolitically. I'd like Dave Clark,
Starting point is 00:43:15 the former head of operations from Amazon to be Secretary of Defense, because the bottom line is, when you run defense, you are essentially the world's most important operations person. And there was no questions around the dumb important stuff like supply chain, weapons developments, new tactics in war, like tunnels and drones are the new weapons. In every war, whether it's tanks or jet engines or radar, there's new technologies that change the landscape.
Starting point is 00:43:46 And if you're not on top of those technologies, you stand to lose to a smaller army, as evidenced by what's going on in Russian Ukraine. And there was no thoughtful discussion around whether this guy has any command of that whatsoever. Instead, they wanted to know if he was drunk at some gathering. I mean, come on. Anyway,
Starting point is 00:44:02 I thought the Democrats came across as like, okay, maybe you just bang your intern quietly or your PhD student, but just ask the fucking questions about being secretary of defense. Exactly. I don't know if it would have worked necessarily, but it would have put it on the record, right? It would have put it, it was,
Starting point is 00:44:19 and someone was arguing with me and I said, do you know that Katie Couric interview with Sarah Palin was deadly because she was polite? She's like, what do you read? What about this? She wasn't rude. She just showed that Sarah Palin was unqualified and ignorant and she didn't do it rudely.
Starting point is 00:44:38 She didn't, she didn't. You mean what you couldn't name one newspaper? Yeah, remember that? That was a surgical. What do you read? Why read them all? Well, which one? Which one? Well, name just one. Go watch that? What do you read? Well, I read them all. Well, which one? Which one?
Starting point is 00:44:46 Well, name just one. Go watch that interview and that's how they should. They should have a Katie Couric in there teaching them how to ask questions. And she did it very gracefully. But at the end of the interview, Sarah Palin was finished as far as I was concerned. And we understood. Everyone, the penny went click. The other thing that I thought, I will say one thing,
Starting point is 00:45:05 Joni Ernst, I get that they're putting pressure on you and they're going to primary you if you didn't do this, but you have, your values were around women in the military and sexual assault. She is a sexual assault victim. At some point, you got to stand up for what you are and you didn't, and you've taken a dive. and I understand why you did, but boy, I'm sorry, you should have stood up for women and you didn't, and women like yourself. I've been thinking about Senator Ernst and I thought, God, it's given her background and I thought,
Starting point is 00:45:35 is it unfair to hold someone to a different standard because they were a victim of something? Not just that, she was in the military too. Well, the one I love though, my favorite, is Senator Susan Collins is going to take the weekend because she's concerned. You want to talk about a new position in the narcissist crypt? Right. There is a place for Senator Collins because Senator Collins,
Starting point is 00:46:03 maybe Kalshi, oh my God, I'm going to bet on this. If anyone can find a betting site around how Senator Collins is going to vote. Oh, she's vote for him. She's like, look at me. I'm concerned. I'm a moderate. I'm thoughtful. I need to take the weekend to review his testimony. I have never been this confident ever since Floyd Mayweather fought Conan McGregor that, oh yeah, Senator Collins is really struggling
Starting point is 00:46:33 with this decision. She's like, look at me, I'm a thoughtful moderate. Nobody owns me. That vote, no one, Peter XSeth and President Trump are not worried about Senator Collins falling in line with the Republican party. But she's like, please look at me.
Starting point is 00:46:53 Look at me, I'm gonna think about it. I'm not sure. The one I like is Murkowski. I think Murkowski has got a set, but not the rest of them. Because, and it goes to the learning. Because she won, they went after her and she won. So she's like. One of the keys to having moderates who actually vote their conscience and aren't living fear is that it's, I think it's final five voting
Starting point is 00:47:14 in Alaska where moderates actually get elected. Right. Anyways, I'm all Andrew Yang. Well, they do have the prospect, this time it's slightly different, but I don't really care. I'd still be fuck you is deploying Musk's money. He keeps threatening Trump, keeps threatening the deploying of Musk money. Just saying. I'm going to a new members club tonight, Shaymar Goh, and I'm not sure I'm going to drink, Kara. I'm not sure I'm going to get fucked up and become more charming and like myself and like the world more. I need to think about it, Kara. I need to think about the ills of alcohol.
Starting point is 00:47:48 Remember, you are a team owner now. Behaved like one. That is behaving like one. Are you kidding? That's fair, that's fair. I just need to show up with a young, young hot woman. You're Ryan Reynolds adjacent now, finally. Can you get him to come on the show?
Starting point is 00:48:02 Ryan Reynolds? Yeah, get him to come on the show. Now that you're friends or whatever. Finally, can you get them to come on the show? Ryan Reynolds? Yeah, get them to come on the show. Now that you're friends or whatever. I just want a discount on Mint Mobile. Yes, Mint Mobile. Okay, Scott, they're one of our sponsors many years ago, or maybe recently.
Starting point is 00:48:16 Okay, Scott, let's pivot to a listener question. This question comes from Nancy in Santa Rosa. Let's listen. Hey, Scott and Kara. This is Nancy in Santa Rosa, California. My question is economic and tied to the fires in Southern California. Having lived through several wildfires and been evacuated, I have to say it's breaking my heart to see what's going on in Los Angeles. But my question for you two is where are the banks? It seems to me we're talking about government assistance, we're talking about rebuilding assistance,
Starting point is 00:49:00 we're talking about assistance, what the insurance companies are going to be able to do, but it seems to me that most of those homes and most of those businesses were in buildings that were basically owned by the banks and the occupants were paying it off. So where are the banks? That's my question. Where are the banks? Once again, in another disaster, where are the banks? Thanks, you guys. You've made me so much smarter than I deserve to be. Well, thank you, Nancy, from Santa Rosa. I'll very briefly say they will be here because they will suffer losses or they will collect all this property because a lot of people
Starting point is 00:49:38 probably aren't going to keep... You have to keep paying your mortgage even if your house doesn't exist, from what I understand, because you have the commitment to the banks. Many people will default or work out other terms with these banks, or the banks will get the properties or the land, I guess, and be able to develop it or sell it or whatever. I mean, I think that's what's going to happen here. And I think probably some of them will suffer, some of the banks will and some won't. The more disturbing conversation going on is all these idiot Republicans saying that they're not going to pay, they're going to add conditions onto payments around disaster
Starting point is 00:50:12 relief. It's just a ridiculous way. Our country has always went to the aid and disaster relief. And so that to me is heinous. But in this case, I think the banks will either own the properties or give building loans to build these things back at probably pretty good rates. I know Newsom's working towards keeping insurance companies off the backs of people and getting probably government will probably play a big role here. Scott. Actually, I think they're going to be fine because I think it's federal legislation.
Starting point is 00:50:40 I know that in Florida to get a mortgage, you have to show proof of insurance. So I would imagine the majority of those homes that burn down are going to get an insurance check such that they can continue to pay the mortgage. The banks cover their ass as they're supposed to. If you're in a high-fire area or a dangerous area, or I think even if you just get any mortgage, you have as a condition of getting a mortgage, you have to show homeowners insurance. So I don't think
Starting point is 00:51:06 they have much exposure, the more interesting conversation, in my view, and I'm a bit of a Darwinian here. We have a tendency to always want to socialize the losses. And the reality is when you build a tinderbox or decide to buy a tinderbox in a beautiful, spectacular desert, with high pressure and low pressure systems, I'll go to me. I live on the water in Florida. There's real climate change risk or weather risk.
Starting point is 00:51:33 And my view is I should either pay for the insurance at a market rate or move or the value of my house should go down. And so instead, we go to this understandable sympathy for these people and taxpayers, including people who could never afford to live in the palisades end up bailing folks out. I just hate to say it. I think if you're gonna live in a dangerous area
Starting point is 00:52:03 because of the upside to you personally from a consumption standpoint, I don't think taxpayers should be bailing these people out. And until people feel the full weight of whether it's climate change or the cost of living in high risk areas, we're not going to do anything about it. It's a fair point.
Starting point is 00:52:18 It's a fair point. I think there's initial disaster relief you can bring. Yeah, 100%. And cover costs that people pay back and things like that. But I tend to agree with you. I know I live in an earthquake zone in San Francisco, so I went out of my way to put in steel girders and put them down into the bedrock.
Starting point is 00:52:38 I did so much stuff around fire in terms of not having as much wood. I thought about passive, it's called passive architecture, which is thicker walls, more concrete, etc. I didn't do all of it because it was an old house. I wasn't able, it was an old wooden house. But I definitely did everything possible. It cost me a lot of money to do so. I have enormous insurance on that because of earthquake insurance. It's all the cost to me.
Starting point is 00:53:05 Now, I would expect some federal help around food or temporary things or relief, but I wouldn't demand it after a certain amount of time. Safety would be one of them. Like, keep my house safe, keep, like, looters and things like that. Why should taxpayers, federal taxpayers, at the gas pump, paying whatever it is,
Starting point is 00:53:27 tax on their current income as a waiter or as a chiropractor, why should they be subsidizing my right to live on the water in Florida? That's a bigger question. Why should people pay for schools? Because if I don't have kids, why should I pay for corn subsidies? Because there's a social good to having an educated populace. Is there a social good to making sure Scott can stare at the ocean waiting for the ass cancer?
Starting point is 00:53:52 It's not your right to live in a spectacular desert that collides with the sea, with these beautiful mountains that create these funnels of hot air. If you want to live there, in my opinion, you should bear the costs, with these beautiful mountains that create these funnels of hot air. If you want to live there, in my opinion, you should bear the costs, including the risks. Yeah. Well, Nancy, the banks will be fine. If there's a mortgage of any kind, the banks will own the property.
Starting point is 00:54:16 That tends to be the situation. Or they'll figure something out. They always sort of work it all out and will overcharge people as healthcare companies have gotten so good at doing. Anyway, if you've got a question of your own that you'd like to answer, send it our way. Go to nymag.com. com.
Starting point is 00:54:32 Pivot to submit a question for the show or call 855.51. Pivot. All right, Scott, one more quick break and we'll be back for your prediction. All signs seem to indicate that one week from today the United States will break from recent tradition and have a peaceful transition of power. It felt like a good time to assess Joe Biden's presidency, which his staff would have you believe is one of the most consequential in American history, FDR-esque. I admire their loyalty to their boss, but I think Biden is a pretty mid-tier mediocre president.
Starting point is 00:55:08 I don't think he's awful. I don't think he's a horrible threat to freedom the way that you might hear on truth social. The main way I would describe Joe Biden is that he was an unusually weak president and he was in many important moments loathed to decide when we really needed a president to decide. And I think that ultimately made him less effective than he could have been in the moment. The good, the bad and the Biden. Vox's Dylan Matthews is going to help us assess on Today Explained. Monday to Friday, wherever you listen.
Starting point is 00:55:45 This week on ProfGMarkets, we speak with Andrew Ross Sorkin, editor at large of Dealbook at the New York Times and co-anchor of CNBC's Squawk Box. We discuss the key economic trends he's watching for Trump's second term, the evolving landscape of the AI market, and the rumors that China is considering selling TikTok to Elon Musk. If China is prepared to sell to Elon Musk and only to Elon Musk, what does that say about the leverage and influence that China must think that they have over Elon Musk by dint of his factories and Tesla business in the nation state that is China? You can find that conversation and many others exclusively on the ProfG Markets podcast.
Starting point is 00:56:26 Okay, Scott, let's hear a prediction and make it good. I think that inflation and the 10-year bond are going to be the adults in the room in the next few months. Dope. Explain. Well, if you think about it, 13,000 homes have been destroyed. And the idea that, I mean, Trump's two big policies are, I mean, a few things. The implicit kind of expectation that he'll either keep taxes low or lower them.
Starting point is 00:56:58 Two that he'll be very, he'll take a tougher stand on illegal immigrants. And three that he's's gonna impose tariffs. This is the perfect storm for inflation and where you're gonna see examples of it that hit the news are when people start to rebuild in the palisades and the hiring pool is vastly diminished and the cost of a washing machine or a garage door is up 40 or 60%.
Starting point is 00:57:24 And that month you see a bump up in CPI and the tenure goes fucking crazy. It's like his entire, the person I am most excited about in the Trump cabinet who is the most qualified is the tenure bond. Because if it starts to spike and goes and says the expectation of inflation is coming back because of this guy's inflationary policies around tariffs, deporting immigrants. And I want to be clear, if you've committed a crime and you're an illegal immigrant, that's your second crime. I am damned that those people thinks being deported.
Starting point is 00:58:00 But the reality is if you go to a construction site, it is an undocumented workers' lullapalooza. It is indeed. By the way, some of these people, speaking for a friend, are remarkably fucking talented and hardworking. Especially in California, by the way. Will get on a roof,
Starting point is 00:58:15 work 12 hours such that they can make 300, 400 bucks that day and then send 200 home to wherever it is, to El Sal or wherever they're from. But the fact that all of a sudden, these people are gonna be scared to show up to a work site or that they might be worried about, or they just might not come here. It's been this, on a positive note,
Starting point is 00:58:37 this workforce has been one of the most flexible, economically advantageous workforces in history. And then you're gonna start this bullshit around taxing all these products. And by the way, these folks the next day will implement reciprocal tariffs. You want to talk about the choke point in AI. I used to think, oh, it's nuclear stocks
Starting point is 00:58:58 are going to go up. Nuclear stocks, my analyst, Misa Verial, reminded me that nuclear can't really be online. They can't handle a third of the incremental demand by like 2050 because there's latency in building a nuclear power plant. She said it's going to be all about liquid natural gas. We get a lot of LNG from Canada. What happens when Canada gets sick of being pissed on?
Starting point is 00:59:20 Food prices. You're going to see they... Do you know how many products? Chicken. Food prices. Food prices. You're going to see they, do you know how many products? Chicken. There are cars that are eventually sold or quote unquote manufactured in the US that go back and forth to Mexico, different components and different parts, like a half a dozen or a dozen times.
Starting point is 00:59:37 So they immediately reciprocate with like-minded tariffs. And what's going to bring it to light is some of the costs around trying to rebuild. And then the adult in the room on the cabinet is going to be the tenure. And if inflation starts to spike, all have his grandiose plans around tariffs. It's going to come undone. So anyways, my prediction is that the rebuild effort as we begin to cost it out are going to shine a light on the inflationary pressures of Trump's signature policies. God, that was boring.
Starting point is 01:00:07 No, it wasn't. It's interesting. Jesus, I'm bored. No, it is interesting. Man and I are renovating our house in DC and we were thrilled it's almost done. We missed all the cost of wood, all the cost of labor, all the costs of all the things. We bought locally,
Starting point is 01:00:25 we did a lot of local stuff, windows fixed and stuff like that. But I went to this guy who was doing our window restoration, we restored old windows. And it was, I don't know who the workers were, but they were these wonderful skilled workers all over the place. And I don't, they were all from, from other countries, every single person in there, he was training them. And were wonderful craftspeople. But I don't know where they were from. I don't know anything about it.
Starting point is 01:00:51 But at the same time, I was thinking, oh my God, if this was in Trump administration, this would cost us double to do the renovation or it would be the inflation pressures or the ability to even have workers would have been spiked. I agree with Scott. It's going to be,, people are going to start to feel it really hard. Food prices, furniture, couches, everything, everything you own is subject to this problem. We have so intertwined. One of the great stories actually I would push people to look at was how the, Atlantic did one on how many plastics there are in everything we do. And so one of the reasons these things burned so quickly was because
Starting point is 01:01:32 so much of our goods from couches to everything, there's so much plastic in our houses. It goes up and is quite toxic. I heard we have plastic in our testicles. Did you read that article? Not my testicles. Mine are clean. My testicles are clean. Well, based on that down vest you're wearing, I'm now convinced you have testicles. Where did you get that article? Not my testicles. Mine are clean. My testicles are clean. Well, based on that down vest you're wearing,
Starting point is 01:01:46 I'm now convinced you have testicles. Where did you get that thing? Stop it. David Zasloff gave it to me. Of course he did. Yeah, he wears it. Of course he did. He wears it. I said, where can I get one of your lesbian vests?
Starting point is 01:01:58 Any year you are? Yeah, I got it. I had an interview, Mark Thompson at one of their events. This was part of the schwag. That fits. It's very Kara Swisher. It is. It is. I love it, I had interviewed Mark Thompson at one of their events and this was part of the schwag. I love it. That's very Kara Swisher. It is, it is.
Starting point is 01:02:09 I love it. It's one of my favorite things. It's high quality, it's very soft because it's from David Zaslow. Before we go, a quick look at what's going on elsewhere in the Karen Scott universe. This week on Prof G Markets, Scott spoke with our favorite Canadian, who now will be under tariffs, Andrew Ross Sorkin, editor-at-large of Dealbook at the New York Times and co-anchor of CNBC's Squawk Box disclosure.
Starting point is 01:02:33 He's not actually Canadian, we just call him that. Let's listen to a clip of you and Andy Ross. If China is prepared to sell to Elon Musk and only to Elon Musk, what does that say about the leverage and influence that China must think that they have over Elon Musk by dint of his factories and Tesla business in the nation state that is China? And then it probably raises a whole secondary order
Starting point is 01:03:01 of questions, which is if China feels this way, how should we as Americans feel that people are calling him the co-president of the United States? To say nothing of Russia, Andy Ross, and his influence is very simple. How did that go with you and him? I love Andrew Ross.
Starting point is 01:03:17 I think the most trusted journalist in the world right now is Anderson Cooper. And I think second is probably, I think the most trusted business journalists in the world is Andrew. And my co-host, Ed Elson, this 25-year-old kid who's been working with us, who is to me what I am to you, and that is I discovered his ass.
Starting point is 01:03:37 And he said to him, he stopped the podcast, no joke, and he said, you're my professional role model. To which I responded, well, I hope he pays your bonus, bitch. But anyways. I was like, not good. Ed, don't you understand the fine art of kissing up? He has better hair, let's be clear. He's arguably the most likable man in media.
Starting point is 01:03:56 I've never heard anyone say anything bad about Andrew Sagan. I think he's underpaid actually. I've told him that because he wants to work at the entertainment. I know, but he could make bankier. He could told him that because he just thinks he wants to work at the entertainment. Oh, he makes bank. I know, but he could make bankier. He could make bankier because he could go off on his own. He does. He does.
Starting point is 01:04:10 He does. He does, but he likes to stay. He can't give speeches. He can't do other things. He can't do this. He can't do that. Maybe you should buy The New York Times. Oh, stop it.
Starting point is 01:04:19 Oh, God. Listen up. Next week, we'll be in your feeds a day late because of the holidays. See you on Wednesday to talk about the inauguration We're gonna tape on Tuesday after it's all over. I have plenty to talk about all the pictures of That you know the three amigos or the three idioties who will be sitting on at the parade and listen It is no degrees and the richest people in the world have to sit there on really uncomfortable chairs until Donald Trump gets up. What a great world this is.
Starting point is 01:04:48 Scott, read us out. Today's show is produced by Lara Naiman, Zoe Marcus, and Taylor Griffin. Ernie and Todd engineered this episode. Thanks also to Drew Burrows, Mia Severio, and Dan Shulon. Nishat Kharwaz, Vox Media's executive producer of audio. Make sure you subscribe to the show wherever you listen to podcasts. Thanks for listening to Pivot from New York Magazine and Vox Media. You can subscribe to the magazine at nymag.com slash pod.
Starting point is 01:05:09 We'll be back next week for another breakdown of all things tech and business. The Dallas Cowboys, the Los Angeles Lakers, Manchester United, Man City, cricket in India. Nothing, nothing compared to that second best team in Bogota la Equidad. Support for the show comes from Delta Airlines. Delta believes that every journey should be as unique as you are, so they're leveraging digital tools to put you and your preferences at the center of every trip. Delta is evolving the in-flight entertainment experience with new partnerships, features and functionalities unlocked by your SkyMiles membership. With fast free Delta
Starting point is 01:05:56 Sync Wi-Fi presented by T-Mobile on most domestic flights and personalized seatback entertainment, there's always something new to discover on Delta. Go to deltaunlocks.com to learn more about the future of travel with Delta.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.