Real Time with Bill Maher - Ep. #710: Arnold Schwarzenegger, Andrew Ross Sorkin, Mark Cuban

Episode Date: October 18, 2025

Bill’s guests are Arnold Schwarzenegger, Andrew Ross Sorkin, Mark Cuban (Originally aired 10/17/25) Learn more about your ad choices. Visit podcastchoices.com/adchoices...

Transcript
Discussion (0)
Starting point is 00:00:00 Welcome to an HBO podcast from the HBO late-night series, Real Time with Bill Maugh. Hi, thank you. Okay. So much to get to. Good news and bad news for the Jews. A peace deal in Gaza. We have that and the hostages are home. That is the good news. The bad news is Bobby Kennedy says circumcision causes autism. It's kind of a mixed bag for the Jews today. But yes, how about that?
Starting point is 00:01:26 Finally, peace over there. After two years, the Palestinians are returning to Palestine, the hostages coming back to Israel, and everyone's blown away that Trump pulled it off. I don't know why. I mean, if there's one thing he's good
Starting point is 00:01:38 at it sending people back where they came from. But, I mean, look, we're going to talk about it on the show. I mean, I think you've got to give credit where creditors do. I mean, a lot of people tried to pull this off. He did.
Starting point is 00:01:55 He is beloved in Israel, more than any of the president ever, for a good reason. He also won over the Arabs. He's the only thing besides hummus they both like. So that's his big thing, solving wars. You know, he says he's solved many of them around the world. He has gotten involved. It's true. And he's meeting with Putin and Hungary in a couple of weeks.
Starting point is 00:02:25 Today was Zelensky at the White House. Zelensky is asking for Tomahawk missiles to fire at Russia. And Trump said, we'd love to, but we might need them for Chicago. Oh, yeah, he's a little more popular overseas than he is here. There's a big rally tomorrow. Are you going to go? No Kings Day? Oh, you are?
Starting point is 00:02:55 This is all the people who are upset about the... Obviously, anti-democratic things he's doing here, and they are getting out in the streets. They're saying, we are not going to take this lying down. Milling around, yes. We'll do it milling around. I was going to go, but I went into the attic to find my pussy hat, and then the moths have gotten to it. So I just, no, the Republicans are just saying this is not, no, Kings Day. They said, this is Hate America Day. Yeah, liberals hate America.
Starting point is 00:03:39 That's what they think. Yeah, if you won't stop assembling freely and speaking freely, we're going to send our masked, unaccountable, secret police to arrest you, as America should be. No, but, no, I mean, Trump is not like this being called a king. He said, I am not a king, and the next person who calls me one, they're going to find their ass in the dungeon, let me tell you. He denied it.
Starting point is 00:04:09 He said, I am not a king. I have no intention of becoming a king. But if some country wants to donate a gold crown, I'm not going to say no. King. Why would you think king? The enemies list? You know, enemies list, I remember when Nixon, you know, they accused Nixon of having an enemy's list, and he denied it.
Starting point is 00:04:35 Trump reads it out loud. I'm not kidding. He just reads it out loud. That's a little bit of a difference. The latest one, I mean, Comey's indicted, Letitia James invited, now John Bolton, his former national security advisor, wrote a book about him, not a good idea.
Starting point is 00:04:55 He's indicted. It's like Trump is going after everyone that ever pissed him off. He's like an authoritarian Taylor Swift. It's amazing. But hey, here's an interesting story. Are there any young reporters? Republicans here?
Starting point is 00:05:15 Yeah. Wow. To be a young Republican. Well, it's a group. I didn't know it was an official group, and boy, are they in hot water. They were on a group chat saying the most vile things. I mean, racist, sexist, anti-Semitic, awful things. And now Democrats want these people fired.
Starting point is 00:05:35 Republicans even are issuing apologies. And Stephen Miller said they grow up so fast. But, uh... This is where we are in America. Caroline Levitt, she's the president's press spokesman. This is a very official position. This is a quote from her. He said, Democrats' main constituency are Hamas terrorists,
Starting point is 00:06:02 illegal aliens, and violent criminals. Okay, but we do make a killer mocha frappuccino. It's not all bad. All right, we've got a great show. Mark Cuban and Andrew Ross Sarkin are here. But first up, oh, I've waited for. this moment for so many years, a man who conquered both politics
Starting point is 00:06:24 and show business superstardom, not to mention bodybuilding. He's the author of the number one best-selling book, Be Useful. Arnold Schwarzenegger is finally here. Great to be in California. Yes. I thought you'd be bigger. No, I mean, you're larger than life,
Starting point is 00:06:59 but you were like almost the same height. I thought that you would have better apps. I mean, I don't know what happened. I mean, it was like a uniform. short today. All right, I don't know how you'd know that, but all right. But the opening monologue was fantastic. Oh, thank you.
Starting point is 00:07:18 So funny. Yeah, let's give him a big hand for that way. Really, great. Thank you, very, very funny. Thank you. I'm here every week, you know. But I know you're here to talk about a serious subject, and it's an interesting subject, which there are two sides to.
Starting point is 00:07:37 I think I'm on the other side of it than you, but just basically what's going on in this country is to give the broader picture. Trump does everything 10 times more than other people have done. Everybody always gerrymandered. He's taken it to a completely new level. He's getting legislatures now to redraw districts. This is where the politicians pick the voters
Starting point is 00:07:58 when really the people should be picking the politicians. You reformed this in California and said, we don't want that, which is the right thing to do in sort of just the, you know, macro. But things have changed. Would you not say, if the Republicans are doing it, how can the Democrats unilaterally disarm? He's just, he wants Indiana now to be a state that's going to have zero Democrat representatives.
Starting point is 00:08:26 If Texas is doing it, now California's Prop 50. Gavin Newsom wants us to undo what you did, made it fair, and go back to this, because we can't unilaterally disarm. What is your argument now, given the new information? Well, I think that Prop 50 is a big scam. And the reason why I'm saying that is because it says that we should fight Trump because he's a threat to democracy.
Starting point is 00:08:57 But in the meantime, they want to go and tear up the Constitution in California, get rid of the independent commission that draws the district lines and take the power away from the people and give it back to the politicians. So how does this go fighting democracy, or helping democracy, or fighting Trump,
Starting point is 00:09:17 and imitating what Texas is doing? I mean, it doesn't make any sense to me the whole thing. Well, it makes sense in that we have, the Democrats have no power now. The only power they can have is if they win the midterm elections and take back the House. If only the Republicans get to gerrymander,
Starting point is 00:09:34 the Democrats will never, never take back the House. No, no, gerrymandering is going on. It has been going on for 200 years. Not on this level. But this, look, there are states out there that have 40% of Republicans and only have like 20% representation in Congress. Congress, this state.
Starting point is 00:09:53 There's the opposite also true. So there's gerrymandering going on all over. What we wanted to do in California is we wanted to be leaders. And we wanted to show to America, as California has always been a leader. where it goes in California then goes nationwide. So we, finally, after a long kind of a battle, we passed legislation,
Starting point is 00:10:13 not only legislation, but I mean the people actually voted for an independent commission. And now we have had this independent commission and the politicians in California have performed much better because of this kind of a, you know, kind of a fair drawing of, you know, of districts, so to speak.
Starting point is 00:10:33 And so I think that to undo it, undo all of that and to take away the power. See, this is a trick that you have to understand. The Democrats are fighting the Republicans. The Republicans are fighting the Democrats. But you know something? One of them is going to win. Yes, it's going to be the Republicans
Starting point is 00:10:50 because they didn't follow your example into the halls of nobleness. But you know who I want to win? The people. The people of the win. This is what this is about. I am... See, I am... I'm a Republican, but I'm not a Republican hack.
Starting point is 00:11:08 I'm not a political hack. I don't serve the party. I don't always serve the people. The people are first. We cannot undo something and rip away the power that the people in California have and give it back to the politicians. We fought that for too long. Let's not do that.
Starting point is 00:11:25 Let us be a good example. Let the Democrats outperform the Republicans, and therefore, because of their performance, win and get the House back. I mean, this is the way I think you love to be. Okay. I don't think that's very realistic, but I read your speech at the 2004 convention. I remember it very well, where you talked about why I'm a Republican. I was very moved by it at the time.
Starting point is 00:11:50 I thought it was a great speech. I'm sure you remember it well. You talked about growing up at a time when Vienna was actually occupied, right? That's right. Auster was still occupied with the Russians. Right. So you saw socialism first. firsthand. And that's why when you came to America, you didn't know what parties were.
Starting point is 00:12:08 You didn't know which, and you heard the Democrat speak, and then you heard, I think, Nixon talk, and you heard the ideas of the Republican Party. And you said, I'm a Republican. I hear that. That's what I, I get that. You think that's still the party? You think that still applies to the Republican Party? What made you want to be a Republican where they are today? Bill, things change. It's very clear that it has changed. I'm a traditional I'm the kind of a Republican, like Lincoln, who made sure that slavery stops. He made sure that the blacks got the right to vote. He made sure the Republican Party then made sure that the blacks become citizens of the United States
Starting point is 00:12:51 and get the citizenship. All of those kind of things. Republicans did that. Look what has happened over the years, how things have changed. And this is how we are going through changes. But it doesn't mean we have to give up. doesn't mean we have to give up. I'm still a traditional Republican, because remember, it was Nixon that created the EPA in Washington to make sure that we have clean air and clean water. Republican. Ronald Reagan here created the air resources board that enabled us to reduce our
Starting point is 00:13:19 greenhouse gases by 25 percent, and to have the million solar roofs, and to get our renewables up to 70 percent. And all of this kind of stuff is because of the air resources point that Ronald Reagan created. So there were great Republicans. party has changed now. This is clear, but it doesn't mean that we have to change. We have to fight to get the party back and to get the philosophy back. Because I think the people should
Starting point is 00:13:48 know that it is important that we serve the people, not the parties. They make it their business to fight amongst each other. Look at this. The most popular things in America, for instance, universal background,
Starting point is 00:14:04 90% of the people are for universal background check, but it's not getting done. I mean, think about that. Who's hoping that out? Who's hoping not? The politicians. The politicians. Well, not the Democratic politicians. It doesn't matter.
Starting point is 00:14:17 They have to get together and solve those problems. This is what negotiating is all over. I was a Republican and I was in Sacramento. I got together with the Democrats and I made it very clear. I maybe think differently than you sometimes. But you're not my enemy. I love working with you because with the Republican brain
Starting point is 00:14:37 and with the Democratic brain together with the ultimate brain power and we can really accomplish things. So that was the idea. But that's California. California isn't America. California is one of those states, yes, where a moderate Republican governor can do well
Starting point is 00:14:56 because it's a very blue state. You might say it's too blue because we have this somebody running for for governor now, Katie Porter, and we saw she had a lot of problems this week with her image. And she was asked a question about what would you do to get the Trump voters in this state?
Starting point is 00:15:14 And I think it was very telling what her answer was, which was basically, why are you even asking that question? Why would I care about trying to get these deplorables on my side? I don't need them. Because this is... Yes, wow. Because I'm paraphrasing, but that was the attitude
Starting point is 00:15:31 because she doesn't. probably because this state is so blue. You're the last Republican. He's really the last Republican from California, the last guy who got elected in this state. Well, let me tell you something. We're talking here about saving democracy. What I suggest that the way we save democracy nationwide
Starting point is 00:15:50 is to really have a proposal, like, for instance, the Save Democracy Act. It's just an idea where we go and make election day a holiday so that everyone has time to go out and go to the election. It's just something Democrats are all for and Republicans are all against.
Starting point is 00:16:17 The second point. You have to have fair redistricting to have independent redistricting commission in each state all over the United States. And number three, Except they won't do it. And number three, you have a voter ID. So when you go and vote, people should know that you are that person.
Starting point is 00:16:41 Those are all things that they have back in Europe. So I come from Europe, I'm giving you just ideas, not that I created this ideas. Those are the things that are happening in Europe and have happened for centuries. So this is why I think that is important that we do the same thing here. I think if we take those three things, there's something that the Republicans like, something that the Democrats like, get together and solve this problem. It's a same, it's no different than talking about energy or anything like that, where Democrats and Republicans can get together.
Starting point is 00:17:10 You give something to the Republicans, you create more nuclear power, you give something to the Democrats, create more renewable power, and all of a sudden we have 80% of energy, of clean energy in America. This is the way we have to do it. We have to go talk to each other rather than hating each other, talk to each other because that's what the people want, and that's what the people need. Okay. Last question, I'll let you go.
Starting point is 00:17:36 I have to ask you because you also conquered the world of show business in a big way. What do you think about what's going on in movies? I mean, I hear people just fretting so much about it because, oh, no one's going to the theater anymore, for example. You know, we can watch it in our house. You know what? Good. I like watching it in my house. I mean, they're trying to make me feel terrible about it, like, oh, the experience of being in a theater and hearing somebody, laugh. I don't give the fuck if this guy's laughing. The guy in Roe 32B loves
Starting point is 00:18:15 and scream. I mean, what is your take on the movie industry right now as a big movie story? I think that the movie business is doing really well. I think that California is kind of out of the game because we don't have the incentives that other states have and that other countries have. But the bottom line is, I think, there's some really good movies. Whenever a good movie comes out, like Avatar is going to come out again around Christmas time, I guarantee they're going to make over a billion dollars again, and everyone is going to go and run to the theater. Why? Because it's a good movie.
Starting point is 00:18:46 Jim Cameron makes great movies. So if a movie is not that good, why would you be excited to go and pay for the parking, pay for your drink, pay for the popcorn, pay for the ticket, and then they sit in the theater and look at some shit, right? I mean, they just, you don't want to do that. No. We don't want to look at shit. Thank you so much for finally coming here, Arnold Schwarzenegger. I'm the biggest fan, you know. All right.
Starting point is 00:19:10 Governor Schwarzenegger, thank you. Let's meet our panel. Hi. Hey, guys. All right. He is co-anchor on CSNBC's Squawk Box and founder of the New York Times Deal Book, whose new book is 1929,
Starting point is 00:19:31 inside the greatest crash in Wall Street history and how it shattered a nation. We are going to get to it tonight. Andrew Rour Sorkin is here. Oh, now this guy, he's a minority owner. Minority now? Oh, no. What happened? How the mighty have fallen of the NBA's Dallas Mavericks
Starting point is 00:19:50 and co-founder of cost-plus drugs, Mark Cuban. Okay. Let's talk about the Middle East first. We are confronted here with a dilemma, I feel like. There is President Trump, the overseas hero. who does make good deals overseas, it looks like, not just this place, but a couple other ones. And then domestically, the threatener of democracy.
Starting point is 00:20:18 My first question is just, can we separate these two? Because they are two different things, and some people do not want to. I'm a separator usually, like I can recognize that R. Kelly should not have had sex with little boys or little girls. But ignition is still a great jam. You know, and I'll play it tonight. if I feel like it, but what's your first answer on that? Can we separate them and just get them?
Starting point is 00:20:44 Hold two ideas in your head at the same time. Thank you. There you go. Absolutely. You can give this president a standing ovation for getting to this point and not give him the Nobel Peace Prize, right? I think you can look at this and say, this is a very good situation. It's something that has not happened. For the last two years, we've been waiting for this moment, and then we're going to have see. But why? It's the Nobel Peace Prize, not the Nobel Democracy Prize. Well, and the question is, do we have real peace? And I think the jury is going to be out on that. We'll see where we get.
Starting point is 00:21:16 But give him credit. You can give, you can not like this president at all. No one's going to be good at everything, right? And if he's good at getting deals done overseas, give him credit for it. If he's not so good domestically, give him shit for it. Yeah, from my memory and history, the only thing that compares to this is when Reagan solved the Cold War, ended the Cold War, which I always. said, you know, Reagan did play his part in ending the Cold War. But I think
Starting point is 00:21:42 the Soviet Union was going to collapse anyway, of its own way, right? This, I'm not so sure, isn't an actually greater achievement, if it lasts, and if we have, but it looks like they're transforming the whole Middle East. So I'm not going to hide my... Yes, we certainly have had our differences. And
Starting point is 00:21:58 even after the dinner, he's still bitching at me. So for those people who thought... It's okay to give credit with credit. It's okay, it's okay. And I am not going to hide my admiration for some somebody who did this differently than anybody else did and said, without apology, I'm with Israel. You know what? There's only one country in this whole equation, and this is where America, I think, fell down in the past. We tried to be even, Steve, and it wasn't. Only one country that's a democracy. There's only one country that prizes life over the sort of cult of death.
Starting point is 00:22:30 It's only one country where you'd actually want to live, quite frankly, if you were living in the Middle East. So let's throw our lot with them, a country that actually shares our values. I mean, you start with the Abraham Accord, right? Slowly but surely, they developed the relationships, work together with each of the countries, sent Jared over to get the job done, and they deserve credit. Why not give credit where credit is due? I mean, if this thing holds, you know, I don't know if he deserves the Nobel Peace Prize.
Starting point is 00:23:01 Then that becomes the question. People will say, should he get the Nobel Peace Prize if it actually works? And that, given what you just said about the domestic peace, if you will, that's still going to be in question. But I agree 100%. You know, I actually looked at who votes on the Nobel Peace Prize. And it's a bunch of academics. It's not the type of people. It's bullshit like the Emmys.
Starting point is 00:23:22 Well, but still, it's a bunch. It may be bullshit, but if it's academics that are voting, there's no way academics are going to vote for Donald Trump. Period. End of story. But what I think he should get credit for especially is, just changing the way he approached this. They did it the same for administration after administration tried the same thing, and it didn't work, and they kept doing it.
Starting point is 00:23:45 And now they sent, like, these three real estate guys over there. Well, that's the thing. They look at Whitkoff, and they look at Jared Kushner, and they think, what are they doing, and yet they make it work. So why is that? And what does that say about experts and expertise? I'll tell you why. Because, first of all, the Trump doctrine,
Starting point is 00:24:02 which was basically, we don't judge anybody. You know what? cutting off the head of that journalist, not cool, but, you know, everybody's got to think. And, you know, Biden didn't talk to Saudi Arabia for a year after that. We're not talking to. And then he had to. He had to go over there because it's Saudi Arabia, because they have the oil, and they're the counterweight to Iran, and we had to talk to them. Trump doesn't play that game.
Starting point is 00:24:27 And he said, look, we've always put Palestine itself at the center of this. And we're going to, Palestine, which is never, let's be honest, a actual country. Okay, he said, we're going to make deals with the actual countries. There's some actual countries there, like Saudi Arabia, and like Bahrain, and like Morocco, and all the other countries, United Arab Emirates. We're going to deal with them. And you know what? They were waiting for someone to do that, because the Arabs more than anybody knew this was bullshit.
Starting point is 00:24:55 They could have made Palestine its own country from 1948 to 1967 when they had it, and they didn't. So they know who's bullshitting more than anybody. It's amazing. the Jews like him and the Arabs like him. That's quite a hat trick. Yep. Give him credit. You know, why not?
Starting point is 00:25:16 Have you noticed that now that Hamas has taken over again, they're, what? Shooting everybody. Shooting everybody. Where are the protesters? Suddenly, you know, the kaffir-wearing college kids are very quiet. Yeah, can't be found anywhere. This is okay? It's just amazing, the asymmetry of what goes on.
Starting point is 00:25:38 Because of all the sympathy, look, you can, again, this is the two ideas in you're headed at the same time that for some reason most people don't seem to want to participate in, which is you can look at Hamas and say that's a terrible terrorist organization and hate them, which you should. And at the same time, have some sympathy for the Palestinian people. I can do that. And by the way, I'm an American Jew who thinks that Israel needs to be supported in all this. I don't understand why we as a country can't have that conversation and just say it like it is. Yeah. The other thing is personal relationships. It just showed. I know the world is run by giant bureaucracies, but every, how big the bureaucracy is, there's always somebody at the head of it. It's personal relationships and how people, just one person deals with another person. And the human element, it reminds me of your book, quite frankly, because it's all about Wall Street. It's numbers and it's all this important. But really, it's about people. It's about people and the nature of people and the nature of whether they're going to do. panic and what makes them panic. And, I mean, according to your book, and I believe you're right, that has not changed from 1929. I got a little scared
Starting point is 00:26:46 reading your book. Well, look, I think there's reasons to be a little scared reading the book. I don't, I'm not here to panic people. I wrote this book about 1929 because I wanted to write a story about the people, like the actual people on the ground so we could actually understand who they were, what they were saying, what their incentives were,
Starting point is 00:27:02 what their motivations were, and I think you're right. You realize that all these economic system, structures, politics, policy is a story about people. And the decisions they make, and it's about people like Jared Kushner could have been in that book, if you will, meaning going off and trying to make us a deal. And it was about the personal relationship that led to that deal, not to put 1929 and what's happening in the Middle East all in one pocket. But the broader story is it's a story about human beings and the relationships ultimately matter to almost everything that ultimately happened.
Starting point is 00:27:36 And I know you don't want to cause the panic, but I've got to say, you know, you're like the guy on a car. Are you sure that this is not going to be a little bit of a self-fulfilling prophecy? I pray. I swear to you. As I was writing this book, I thought I was writing a history book. Now, the problem is, the truth was, as I was writing the book, I was seeing things in the headlines. I'd be talking about things on TV, writing about things in the paper, and I'd go, oh, my, that's exactly. like that. You know,
Starting point is 00:28:08 1930 comes around. Smooth Hawley tariffs are taking place. Hoover decides he needs to do this because he pledged to the farmers who got to vote for him that he needed their vote and now he says he wants to go. And every economist in America back then was screaming from the rooftop saying, please don't do this,
Starting point is 00:28:24 please don't do this. Fast forward just a couple months ago. Same story. Every economist is signing full-page ads in the New York Times saying President Trump, please don't do this, please don't do this, and here we are. But also the technology aspect of it. You know, that was what really got me, was this economy seems to now be more and more propped up by AI, as was in the 2020s, electricity. You know, AI's radio. Everybody was
Starting point is 00:28:49 excited about radio and telecommunications, and, you know, RCA was like the invidia of 1929. Everybody wanted in on the action, and they were all running to the brokers to make their bet and to gamble on it, and they thought this was the future. On margin, just. like today? And they were doing it on margin. Well, you're a guy who certainly made your fortune betting on the new technology 25 years ago. And today? What do you think of AI? I think
Starting point is 00:29:16 it's overrated. No, I think it's underrated. Underrated, as I say. But where we are today is just a smidgen of where it's going to be. We're still in the first preseason game in the first inning. And what we see with ChatsyPT
Starting point is 00:29:36 and large language models and AI girlfriends, that's just the here That's not where we're going to end up. And I think it's going to make us a lot more... You're going to end up with AI wives. What are you going to end up with? I'm not saying no, right? Put a robot in there and anything is possible.
Starting point is 00:29:52 But what's really the challenge is it goes back to 1929. You've got five companies effectively trying to find out if this is a winner-take-all AI market, right? Or is there going to be one, two, three, four, five winners. If it's winner-take-all, they're going to keep on spending money. And you can end up in five, ten years with those data centers just being hollowed out and not being used at all. And that would create a calamity. Speak against my book for a second. There's one thing that we need to remember, which is to some degree, and I am always preaching caution,
Starting point is 00:30:28 but speculation built America. It's true. When you think about all of the great technological revolutions that have taken place, whether it was technology in that period or in the dot-com boom, or AI now, there was somebody who had to speculate on it, right? When the first investors in Elon Musk's Tesla, when that seemed like a completely absurd idea, they were speculating on it. And so we need to figure out a way to both have some semblance of speculation in the system,
Starting point is 00:30:57 but to do it with guardrails and to do it in a way that's responsible. And that is a hard needle to thread because humanity... The stock market is all speculation. The stock market is not... The top companies, they're not the ones that actually make the most money. Sometimes the top ones aren't making any money. Oh, no, of course. The seven companies driving the entire market.
Starting point is 00:31:17 It's just what they think they're going to do in the future. But we learned a good lesson from crypto, right? The question is, who's on the other side of the trade? Right. What happened with Sam Bankman-Freet? They were loaning out stock and loaning out crypto, but nobody was taking the risk. Everybody was just kicking the can down the road. That's what I think happened way back when, right?
Starting point is 00:31:34 And that's the risk now, and you're starting to see, and you can speak better of this than I can. with commercial real estate. We don't even know how much commercial real estate loans are just being kicked down the road and just being renewed, renewed, and no without every hope of being paid. I tell you why I think AI is overrated. I just mean overrated as something that's going to be good for the economy. One, it's just going to put everybody out of work. That cannot be good for the economy when it can do just about everybody's job.
Starting point is 00:32:00 And also, there's this idea that it's going to make us more efficient. I think we already passed that. I don't think we, the economy can, can Amazon really get more efficient? Can an Amazon warehouse? What? Amazon can be replaced. Replaced, Amazon? Without question, yes.
Starting point is 00:32:16 With what? Just like RCA. RCA was the dominant company. Wait, well, how do you replace Amazon? By finding different ways to deliver product, by finding different, Amazon just destroys small businesses. Anybody can walk in right now and be from China and not have to register their company in the United States of America. That is going to backfire on Amazon. All my shark tank companies hate working with Amazon.
Starting point is 00:32:38 You still need a truck or something to bring the scrunchy to your house. Right, but it's knowing what to buy, knowing what to sell, the pricing, the logistics. Amazon has market dominance right now. I think AI gives smaller companies a chance to compete with it. Oh, I see. Look, in the end, I think, and you were talking about commercial real estate and everything else, the thing that I worry about that creates a true crisis every single time is leverage in the system. too much debt. When you have too much debt in the system, that is the light that, that, that's
Starting point is 00:33:11 the match, the lights the fire every single time. And what we don't know today is where all the leverage is anymore. So it used to be that we understood that credit was in the banks. Banks were the ones who were loaning out money. That's not where people get a loan anymore. They get it from all of these other places, the shadow banking system. And we have no idea what that looks like. And that's the part actually that makes me nervous. I'm very excited about AI. I think actually AI is going to change our world. But I am also with you, which is to say, if AI is as successful as it, I think we all want it to be, to some degree, it has to make us so much more productive. What does productivity mean? That's a euphemism oftentimes, I think, for taking cost out and jobs.
Starting point is 00:33:50 I have to cover all the stories. That's what we do here. The Pope is in the news. I don't know if you what. I have to tell you, this is true. I don't know if you heard, but I think it was just this year that we got a new Vatican dropped the new Pope. An American. Real name, Bob, stripper name Leo. And he was
Starting point is 00:34:19 speaking with journalists at a Vatican conference this week, and I didn't know this was on his radar, but he's very concerned with clickbait. He said, communication must be freed from the misguided thinking that corrupts it and the degrading practice of so-called clickbait.
Starting point is 00:34:36 Popes used to care about masturbation, and now the clickbait is what this guy, and I didn't realize this is a whole genre called Catholic clickbait. Would you like to see something? Catholic. There's Catholic clickbait. For example, remember baby Jesus? You won't believe what he looks like now.
Starting point is 00:35:04 This penance hack will get you in and out of confessional in seconds. We asked five Mother Superior's, the best classroom object it had a child with and they all said the same thing. The eight masturbation work around, your priest doesn't want you to know. Would you believe this
Starting point is 00:35:39 started out as water? Find out how. You won't believe what this guy did next. This friar took a vow of silence until he heard Taylor Swift's song about Travis Kelsey's dick. The best month for celebrating Christmas. Well, that should be obvious.
Starting point is 00:36:15 He became the world's most famous carpenter without making a single piece of furniture. Can you guess his name? And can you guess which one of these apostles is a snitch? Play our game. So, let me ask you a broader, both of you, economic geniuses, a broader economic question, well, economic and political, because it seems to me that there
Starting point is 00:36:51 are two pillars that this country is founded on. One is democracy, and one is capitalism, free markets. And it seems like one party wants to get rid of one, and the other party wants to get rid of the other, right? The Republicans are not that, they don't, democracy is just not number one on their list. It just isn't. It isn't. It's behind Christianity and a few other things. And the Democrats, I mean, I read these 74% are forced democratic socialism. Only 16% favor capitalism. Is this going to be a country that I don't recognize in five to ten years if we don't have these two pillars? If we don't, I mean, where are the Democrats going with this?
Starting point is 00:37:39 If Mandami is the face of the Democrats on the East Coast and Katie Porter is the face on the West Coast, I don't know if that's great politically for that party could be quite fun. No. I mean, there is a challenge, right? Kids don't like capitalism. And I think a lot of it has to do with social media. The clickbait, right? Rage bait works better in social media and gets more people's attention.
Starting point is 00:38:05 And if Mondami is out there saying, you're getting free housing, you're getting free transportation, you're getting cheaper groceries, I mean, of course, that's what they need, particularly in New York, and that's what they're going to respond positively to. Is there any way that can work? No. No. Of course not. No. Look, we have a financial literacy problem in America.
Starting point is 00:38:28 But the financial literacy problem in America is affecting the politics in America, which is that if you don't understand that if you actually decide that you think rent stabilization is going to somehow increase the supply of apartments and homes in the country, you've got it completely backwards because what happens is the developers say, well, if they're going to stabilize the rent in this town, we don't really want to be developing in this town, in which case there's not going to be enough supply, in which case it's going to cost more to rent your apartment.
Starting point is 00:38:57 That's just the way it is. And unless people understand that, when a politician stands up and says, excuse me, I'm over here, and I'm very happy to give you rent stabilization and the free groceries and this and that, and then it doesn't happen, I think people are going to be in for a surprise. But at the same time,
Starting point is 00:39:13 I think Mandami is great for the Democratic Party. You do. And I'll tell you why. Okay. Because nobody... Okay, right? If you ready. I'm ready.
Starting point is 00:39:21 I'm ready. Because nobody in a Democratic Party knows how to sell, but him. Nobody in a Democratic Party knows how to use social media, but him. They will learn from him. Now, New York may be fucked for four years, right? But they will learn from him. I'm not a New Yorker. But seriously, right?
Starting point is 00:39:38 Who in the Democratic Party knows how to sell, knows how to convey a message, knows how to commit to people? Depends what the message is, though. I've seen it. Look, we've been living through you. No, but just no one to sell anyway. You know, if you gave a Democrat a dollar bill and told him to sell it for 50 cents, they wouldn't be able to do it.
Starting point is 00:39:53 Sure. Donald Trump is a fabulous communicator. He is. Right? He is. Look where it's gotten them, right? You've got to learn from that. But I think that you disagree with his message, and that's my point.
Starting point is 00:40:02 No, of course I do. So the fact that this guy is a fabulous messenger, if you don't have the message... I'm not saying it's good for the city, but what I'm saying is he's a little Donald Trump. You know, Oh, he's trying, yeah, oh, for sure. Always in a suit. He could be anywhere. Bernie Sanders rolls up his sleeves, wants to connect.
Starting point is 00:40:20 Mandami's always in a suit. He's telling you what you want to hear. He has a social media team that designs the message, and it comes across geared towards Gen Z, geared towards even younger people, and they're accepting it. That's one of the reasons people want, young kids want socialism,
Starting point is 00:40:36 because of his ability to sell, just like Donald Trump want because of his ability to sell. I'm not going to completely say you're wrong, Because I don't know, because I would not have guessed that Trump 10 years ago would be where he is. I was watching the Katie Porter thing. Do we have any footage of Katie Porter this week having a meltdown? Show that, because I have a question I would like to ask about that. I feel like this is unnecessarily argumentative.
Starting point is 00:41:01 I don't want to keep doing this. I'm going to call it. Thank you. And the state could lose. For, you out of my fucking shot. Now, it's a... getting applaud. Okay. I remember having Katie Porter
Starting point is 00:41:20 on this show, and we did not get along. I don't like her, and I found out nobody likes her. And I think you see why. Okay. But that doesn't mean this isn't effective. I mean, when it came out, the first wave of stories where she's toast, I don't know. First of all, I got to
Starting point is 00:41:36 ask, what was that person doing in the shot? I mean, that's not how I would talk to my staff, but that is what I would be thinking is what are you doing in my fucking shock? In this world, in this new age we're in, I'm not so sure this... Because you think it looks like it's a truth-telling situation. You go, oh, there's a real person.
Starting point is 00:41:57 And it looks like, I think it, like, Trump reflects the frustration that people have and the anger that they sometimes have. This reflects, I think, the, you know what? Nobody's doing their goddamn job. And I'm just, I'm just, I've, I've had it up to here. and I'm not going to fake it anymore. People don't like faking anything. This is a New Age of politics.
Starting point is 00:42:18 I think she's auditioning for Horrible Bosses 3. I agree. I don't know that it conveys any votes. I know, but I'm here in the following way. We're all trying to comport ourselves into a way where we look like we're a certain thing. And when people see that, they go, there's something that feels real about that.
Starting point is 00:42:39 Because I'm sure you've been in interviews where you've been like, F this person. Oh, of course. I can't believe they're asking me these questions. I want to get out of the chair. Hey, I'm sitting right here. If her employees didn't say she was awful, you would be right.
Starting point is 00:43:01 Because no one goes to work and wants to be shit on it. When you see a boss, you're shitting on their employees, I don't think it works for them. That's not a good sign. I just think it's an angry country full of assholes. And she, and, you know, it's like, hey, one of us. One of us. But I got to ask about. One of us.
Starting point is 00:43:21 I'll probably see you tomorrow at the No King's thing, but... This, I mean, what is going on? Caroline Levitt, as I mentioned in the monologue. This is the president's spokesperson. This is not just somebody at the end of the bar. This is not just somebody ranting on social media. The Democratic Party's main consensus is made up of Hamas terrorists, illegal aliens, and violent criminals.
Starting point is 00:43:51 I mean, I see where the seed of all this comes. Hamas Terrace, yes, idiot college students, useful idiots who have been out there and were out there demonstrating for the wrong people. Okay, illegal aliens, yes, Biden had a terrible border policy, violent criminals, yes, did too much of that. But the Democratic Party's main constituency. And this is what the No King's thing is about, if people are wondering,
Starting point is 00:44:18 is that it looks to me, like either they really believe this, which is insane, or they are just always looking for a pretext to say, to let the other side take over this country is just unthinkable. I mean, if you really believe this, I would vote for a right-wing coup if I really thought half the country was Hamas terrorists, illegal aliens, and violent criminals. What do we do about that? They're not taking the governor Schwarzenegger approach to trying to bring people together. That's for sure.
Starting point is 00:44:51 I think they're signaling to all right-wing media. That's what they do really well. The top creates the rage bait, and then all the right-wing podcasters and all the right-wing news sources, they go and get in alignment with the same thing. That's what they're really good at, you know, rage farming. But it looks to me like they are looking for a pretext always.
Starting point is 00:45:18 Sending the troops to Portland and Chicago, and now this thing that's going on tomorrow, I think they're rooting for violence because when violence happens, then it gives you the pretext to then send in more troops. And they've already shown, they're already shown,
Starting point is 00:45:35 that they will absolutely not concede elections. Trump still is not publicly conceded the 2020 election. So like when you have this, if this is really the state of the country, I can see we have to cancel the next election. There's just too much unrest. We'll get back to elections, but we have to, this, it's just too much. Once we get things safe. Once we get things safe.
Starting point is 00:45:57 This is what this looks like, or at least they have earned the suspicion. Oh. And I imagine you think six months before the next election, there will be, you know, a blue ribbon panel that will be announced to look into, you know, election integrity as they delay the election for 12 months. You know. Blue ribbon panel. Oh, it'll be, you know, chaired by Pam Bondi. Oh. Oh.
Starting point is 00:46:19 I don't think this crowd is big on blue ribbon panels. Blue ribbon bakeoffs, maybe, but not panels. But the through line, the through line on all of these things is one thing, it's leverage. I mean, and I'm not talking about leverage. We were talking about 1929. I'm talking about leverage over other people. That's what all of this is about, right? Whether you're standing the National Guard, that's about leverage.
Starting point is 00:46:48 Whether you're going after the law firms or going after the universities, that's about leverage. Whether you're going after certain countries with tariffs, that's about leverage. That is what, that's the single piece of the whole thing. No one knows how to use leverage better than Donald Trump. I think what it's about is hanging on to power by making the case that it is an existential necessity for our side to hold on to power. Because this other side is, I mean, they... Don't you want safer streets? Right?
Starting point is 00:47:17 I mean, that's the whole pitch. Safer streets, one thing. But they actually are saying that there's a whole left-wing organized, violent movement. And it's not organized. And it's not as bad as it was in the early 70s with the weathermen bombings. It wasn't like, not even like 2020 with the George Floyd riots. But if you make that case that this country is off the hinges, then somebody's got to step in. All right, I got to step out.
Starting point is 00:47:44 Thank you, guys. Time for new rules. Now that Rite Aid has officially closed all its locations, they have to tell us what's going to happen to each store's one employee. Because I kind of liked her. Not just the lack of eye contact, but also the sneering disdain for having to do her job of having to wait on you. You know what? On second thought, bring on the robot.
Starting point is 00:48:29 I was wrong about that. No, no rule. the people complaining about biobating, which is where people on dating apps purposely oversell themselves and accentuate their good qualities, have to tell us, as opposed to doing what?
Starting point is 00:48:50 Who is going to tell you the worst about themselves? Late sleeper, whose lax on hygiene, enjoys noisy dinners and short walks anywhere but the beach. And don't get me started on the herpes. New rule, Foster, Farms who just recalled millions of pounds of their frozen corn dogs because they contained extraneous material.
Starting point is 00:49:25 Have to tell us, what's extraneous material in a corn dog? Actual meat? Hey, stay in your lane, corn dogs. You have one job and one job only to create unfortunate photos of presidential candidates. New role, the people now complaining that bad bunny shouldn't headline the Super Bowl halftime show. because he speaks Spanish, have to admit that when Kendrick Lamar headlined,
Starting point is 00:50:05 you had no idea what the fuck he was saying either. Neural, someone needs to explain what the point is of leaving a review of an airport. Oh, look, Lady Posh 98 says the food court doesn't have enough vegan options. I guess we won't fly to see Grandma ever again. Airports aren't supposed to meet your needs.
Starting point is 00:50:42 They're purgatories with a penned express. You don't go because they're good. You go because that's a... where the plane is. Finally, New Rule, if you think your job is just to tell people what they want to hear,
Starting point is 00:51:01 you're not a journalist, you're a wedding DJ. For years, I've complained about the media only telling half the story, lying by omission when they leave out the part that doesn't feed their narrative.
Starting point is 00:51:15 A couple of weeks ago, Fox News and the New York Post committed the clearest example of this I've ever seen when they described my editorial of September 26th, where I called for a grand bargain between the far left and the far right, but completely left out the far right part. The post headline was,
Starting point is 00:51:34 Bill Maher calls for a return to old America, tells left to scale back radical ideology, smug self-righteousness, all of which is true. I said that, and I stand by it. But I thought, shouldn't you have also put the other half of what I said in your headline? Well, I guess you'll get to it in the article. But you didn't do that either, you fucking liars.
Starting point is 00:52:04 I know the right likes disappearing people now, but I'm not going to let you disappear my point. And this is what happens after every show, and not just on Fox News, and not just on the right. Ironically, because the blue sky crowd hates me for calling them out on yes, their voluminous bullshit. They also will sometimes just print my critique of the left because they want people to think I'm a conservative.
Starting point is 00:52:38 You are fucking liars, too. Here's a test. Let's see who reports what I'm saying now. No. No. No, they won't because it's just so easy not to. If a truth falls in the algorithm, does it make a sound? The Fox News New York Post piece even went so far as to giddily recount all the places I carved up the woke.
Starting point is 00:53:16 And then have the balls to write, wrapping up his monologue. Maher warned liberals that if they keep pushing radically, progressive policies, those in power may never give that power back. Yeah, I said that, and I believe that. But that's not how I wrapped up my monologue. Look, I have it here. I have it. That sentence came here, top of page two.
Starting point is 00:53:47 What about this part? The part that starts with, which brings me to my friends on the right. What happened to that part? Here, let me read a chunk to you. To my friends on the right, I say, an authoritarian police state is not going to work for you either. Do you know what a drag it is to actually have to run a police state? Because half the population is seething while all the time you know down deep that they're right about America becoming something it never was and never should be? What happened to that part?
Starting point is 00:54:19 I don't want a retraction for you. I want an addition. Leaving that part out would be like reviewing the movie Jaws and saying, with three men who go fishing, but don't catch anything. Now, I know why you do this, short answer, because you're cowards, because you know if you print the part that challenges your audience, you will get angry tweets and texts, not to mention dirty looks at the Lee Greenwood concert.
Starting point is 00:55:05 But, you know, there is a new spirit taking hold in the media, and I think in the country itself, a spirit of, let's cut the bullshit on both sides, shall we? and I'm proud this show has been a part of fostering that. Why don't you jump on the bandwagon? Because the model you're working now isn't making you or your readers look good. If you need every story in your feed to be my team wins, and here's why my side is the good one, you're weak
Starting point is 00:55:33 and deliberately keeping yourself ignorant. And yes, that goes for both sides. But conservatives, I thought you were the strong people who laughed at safe spaces. But you can't even read what I really said unless Mommy promises you it has a happy ending? Guys, we may not be heading for a happy ending. And one reason is you
Starting point is 00:56:05 keeping people in their information ghettos which fosters hate and division and makes you nothing more than a human algorithm. And algorithms are as much as anything what keeps this country so fucked up. I can't tell you exactly how they work because I'm not a virgin, and I'm not a bond villain who's on the spectrum.
Starting point is 00:56:36 But I know it's an evil grimman that lives inside our phones and that it knows what you watch, what you like, what you click, what you buy, what you jerk off to, what you comment on. It knows all that, and then it owns you. If you like it and love it, it gives you more of it. And so you become a very boring, intellectually stunted, predictable person. The good news is, I have a way to break out of this.
Starting point is 00:57:06 No, not by throwing your phone away. No one would do that. But there's a better way. Fuck with the algorithm. Fuck with it. Stop. Yeah. Stop letting it pigeonhole you.
Starting point is 00:57:24 It's so easy. Just click on something you normally wouldn't. If you're a liberal, search for Morgan Wallin tickets. Order a set of shot glasses that looks like a rifle. rifle. Ask Google how to reattach a finger after a bottle rocket accident.
Starting point is 00:57:52 And if you're a conservative, go to a site that recaps the latest episode of Rupal's drag race. Order a black lady church hat on Amazon. Buy the Ruth Bader Ginsburg Halloween costume.
Starting point is 00:58:14 And soon enough, your algorithm will start treating you like a more well-rounded, open-minded person, and who knows, then maybe you'll actually become one. All right. Thank you very much, ladies gentlemen.
Starting point is 00:58:25 That's our show. I want to thank Andrew O'Salkin, Mark Pudan, and Arnold Schwarzenegger. Club Random drops every Monday on YouTube. It's awesome this year. Listen and wherever to get your podcast. Now go watch overtime on YouTube. Thank you.
Starting point is 00:58:39 Thank you, folks. Catch all new episodes of Real Time with Bill Maher every Friday night at 10. Or watch them anytime on HBO on demand. For more information, log on to HBO.com. Lazang sur-gillet, Puisance-Moyerned
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