The David Pakman Show - 5/26/25: Tesla collapsing, Trump terrified of Epstein files (CLASSIC EPISODE FROM 4/25/25)
Episode Date: May 26, 2025MEMORIAL DAY / CLASSIC EPISODE FROM APRIL 23, 2025 -- On the Show: -- Ned Lamont, Connecticut Governor, joins David to discuss the disastrous Trump tariffs, the trade war, and what states can do ...to fight back against the economic policy of the Trump administration -- Tesla records a 71% decline in net income as Elon Musk's political alliance with Donald Trump is destroying the company -- New concerns about Pete Hegseth's drinking surface after his recent manic, disheveled appearances -- Donald Trump does not like being asked about the potential release of the Jeffrey Epstein files -- Karoline Leavitt, Donald Trump's White House Press Secretary, hilariously says that Trump supporter Tim Pool is "unbiased" -- Karoline Leavitt, Donald Trump's White House Press Secretary, tells numerous obvious lies once again on live television -- Robert F. Kennedy Jr, Secretary of Health and Human Services, is planning a registry of autistic people -- Robert F. Kennedy Jr, Secretary of Health and Human Services, says he has never seen an adult with "full blown autism" in a bizarre public event -- On the Bonus Show: 60 Minutes Executive Producer resigns over loss of independence, jury finds New York Times did not libel former Alaska Governor Sarah Palin, Supreme Court seems likely to allow religious families to opt out of LGBT storybooks, much more... 🥣 Graza olive oil: Get 10% off “The Trio” set with code PAKMAN at https://graza.co 🛌 Helix Sleep mattresses: Get 27% OFF sitewide at https://helixsleep.com/pakman 🥦 Lumen lets you master your metabolism. GET 15% OFF at https://lumen.me/pakman 💻 Get Private Internet Access for 83% OFF + 4 months free at https://www.piavpn.com/David -- Become a Member: https://davidpakman.com/membership -- Become a Patron: https://www.patreon.com/davidpakmanshow -- Get David's Books: https://davidpakman.com/echo -- TDPS Subreddit: http://www.reddit.com/r/thedavidpakmanshow -- David on Bluesky: https://davidpakman.com/bluesky -- David on Facebook: http://www.facebook.com/davidpakmanshow
Transcript
Discussion (0)
Hey, this is David Pakman inviting you to enjoy a classic episode of The David Pakman
Show today.
We will return with new shows before you know it.
Well, what a way to start the day.
Tesla is collapsing with net income down 71 percent in the first quarter of 2025. And we now understand
why Elon Musk is leaving Doge and going to at least attempt to get back to work. Tesla posted
its first quarter 2025 earnings and it's an absolute bloodbath. Net income down 71 percent. Just brutal. Elon Musk chose to funnel resources
into the cyber truck, which it looks sort of like what a 10 year old would design in
Minecraft. And it is not going well. Total revenue missed expectations by nearly two billion dollars. And the kicker is that Tesla only technically turned a profit this quarter because it sold
nearly 600 million dollars of regulatory credit.
So if you take that away, you realize that Tesla only made any money because it sold government favors its actual operating income.
Just three hundred and ninety nine million dollars includes the credits.
And we are to believe that this is a nearly trillion dollar company.
I am so glad I got out when I did.
And it gets even worse.
Vehicle deliveries, which is sort of the primary activity that delivers value, generates value.
Vehicle deliveries down 13 percent, the worst quarterly sales report in three years.
And there is one thing one man responsible for this.
And that's Elon Musk. The guy spent the first quarter
as the company was on the decline, working for Donald Trump's ridiculous
Department of Government Efficiency, which mostly has targeted humanitarian programs and science,
posting authoritarian memes, attacking trans people, including his own daughter, flashing
an arguably fascist salute at Donald Trump's inauguration.
And who could have guessed that people might not want to buy a car from a guy who's doing
this stuff?
There's a growing movement called Tesla takedown where former fans, including
progressives, are dumping their cars and boycotting the brand. And if you look at the used market
for Tesla's falling off a cliff now, to be fair, right, I always try to be fair. We are
seeing a soft used market for electric vehicles in general. This is something that the EV space is going to have to contend with.
But Tesla EVs in the used market depreciating even more quickly.
And everything that I just told you about just gets us through March 31st.
The numbers I gave you only account for Q1, which ended March 31st.
Arguably the stuff that's continued in April is even worse.
And we don't even have those numbers.
That's of course part of the second quarter for Tesla, April, May, June.
And we will get that data in July.
But it's not looking good.
So the big takeaway here is that after years of exponential growth, significant growth,
maybe not always exponential, significant growth, Tesla is now in a freefall with regard
to its primary revenue generating business, justifying activity, which is delivering vehicles
to people.
And this is, you know, the right which says they defend speech and all of this stuff
They are now saying oh, this is so unfair what they're doing to Elon
This is a lesson in what happens when a brand gets hijacked by a megalomaniac
CEO with a persecution complex a bad Twitter habit and some
unfortunate political alliances.
This is speech.
And if you are a defender of speech as I am, all you can say is that this is how capitalism
works.
This is how we have the consumer choices that people are allowed to make and say, here's
what I want to support.
Here's what I don't want to support.
And of course, Elon Musk's Musk gets to say and do what he wants to do and what he believes.
But consumers can also utilize their speech rights to say, I will speak out against the
brand or I will peacefully protest at a Tesla showroom or I will not buy a vehicle.
Now, of course, I do not support the burning down of the burning of vehicles, the burning
of Tesla showrooms.
Violent.
I don't support any of that stuff.
But what I'm talking about is the speech rights, which include organizing against the company
that you don't like, choosing not to do business with a company.
All of these are values which the right claims to defend and support except when it's Elon
Musk and it becomes inconvenient.
The proof is in the pudding and the numbers are a disaster.
New alcohol concerns have exploded over Secretary of Defense Pete Hegseth's bizarre appearance
on TV yesterday at the White House on Easter.
And this has been an issue for a long time.
As many of you know, Pete Hegseth promised that he wouldn't drink at all if he were made
secretary of defense during the confirmation process.
We start with his appearance yesterday morning on Fox and Friends, where he was sort of a
combination of manic and moving weirdly.
And just again, the sort of thing that gets people asking, is he drinking again and get
along to go along and, you know, start doing meet the press and go into the council on
foreign relations and spending time with all the new cocktail sipping crowd.
That's not why I'm here.
I'm here because President Trump asked me to bring warfighting back to the Pentagon
every single day.
Right.
That is our focus.
And the day before, Pete Hegseth showed up at the White House with one sideburn, sort
of like this prototypical.
What do you call it?
It's sort of like two on the nose.
You know, you watch a movie and there's a character that struggles with alcohol that
only shaves half their face.
And Pete Hegseth showed up to the White House on Monday with one sideburn raising concerns.
This is not a joke.
This is serious.
I mean, this is serious enough that Pete Hegseth was asked about it during the confirmation
process prior to not in the confirmation hearings, but in emails and interviews rather prior
to the confirmation hearings.
And he said, no, no, no, I will not.
I have no issue with alcohol, but I promise I won't drink at all if I become secretary
of defense in potentially one of the most consequential Freudian slips we've seen.
Fox News is Brian Kilmeade accidentally introduces Pete Hegseth as the former secretary and then
corrects him.
But of course, this may simply be foreshadowing what we expect and any day now here to set
the record straight himself.
Uh, the former secretary, the current secretary of state, Pete Hicks, former a host right
here on Fox and friends.
That's right.
Former secretary Pete Segtheth.
Um, he may indeed be former secretary of state very soon as of course NPR is now reporting
that the chaos has led Trump to say it's time for him to go and Trump will publicly say that he stands
behind Hegseth until his replacement is announced.
And finally, more of this kind of pseudo manic behavior on Fox and Friends yesterday.
Jason in reality.
So Mr. Secretary, I guess I can conclude this.
We know some bizarre situation with Michael Waltz happened with the first time the whole
thing with the Signal app came out. You believe this came out, they said it was
called Team Huddle, because so one of the people who work for you, one of the three
who no longer are there, leaked this out as a way to get back at you? That's right
Brian. When you dismiss people who you believe are leaking classified information.
And again, the investigation is ongoing and that will take time.
And if when the evidence produced, it will go to DOJ.
Why would it surprise anybody, Brian?
If those very same people keep leaking to the very same reporters, whatever information
they think they can have.
So case in point, a very unusual communication style for a sober secretary of defense.
We don't know if the alcohol problem has resurfaced.
What we do know is that the performance is a disaster.
Numerous leaks and information sent to people who have no business nor clearance nor a reason
to be involved receiving a bunch of this information.
And every indication is that this guy is on the way out and that before we know it, we
will be hearing that he will resign because he has realized that he is becoming a distraction,
not because he did anything wrong.
It's all because of the deep state and people going after him.
But in order to allow Donald Trump to continue succeeding on a world stage, he has decided
to take himself out and stop being a distraction.
That is where we are right now.
I expect him to go very soon.
Alcohol or not.
This is not the guy you want in charge of the Pentagon, the Department of Defense or
any of the United States of America's foreign from smoke point cooking sizzle for everyday cooking and drizzle, which is more for garnishes and
dressings.
I've been using Graz oil in my house for years.
I love everything about it.
And my audience gets 10 percent off the trio, which comes with all three of the varieties
that they offer in a squeezy bottle.
So you are all set for every style of cooking.
Go to Grazza dot C O and use the code Pacman.
That's G R A Z A dot C O.
Use code Pacman for 10 percent off the trio.
The link is in the podcast notes When it was time for a new mattress, I didn't want to gamble on something generic. I had heard about Helix.
I liked that they customized the mattress based on how you sleep.
I'm mostly a stomach sleeper, so I took the quiz and ended up with a model that felt tailored
to me.
I've had it for years.
What I notice is I don't wake up with back stiffness.
I don't wake up with shoulder pain.
I don't toss and turn looking for a comfortable position.
It's just better than my old mattress.
It's more supportive, but it's still comfortable.
Another thing I like about Helix is that there's no one size fits all approach.
It's really tailored to you in terms of firmness as well.
It's made a difference for me and I'm thrilled to be partnering with them. And right now, Helix is running a huge sale, 27 percent off site wide, plus a free bedding
bundle that's a sheet set and a mattress protector with any Lux or elite mattress order.
Go to Helix sleep dot com slash Pacman to check it out.
The link is in the description.
The David Pakman show is, of course, an audience supported program. check it out. The link is in the description. a daily extra show for our members called The Bonus Show. We also provide commercial free audio and video streams of the show to our members and
many other great member benefits you can read about at Join Pacman Dotcom.
Remember when Donald Trump was eagerly awaiting becoming president again so that he could
immediately release the Jeffrey Epstein files?
Yeah, I don't either. As you may recall, Donald Trump has always been clearly hesitant to say he
would release the Jeffrey Epstein files. And of course, the speculation is the natural belief
is that it is because of Donald Trump being on lists associated with Epstein flights and visits to his island, potentially
that Trump has a self preservation reason not to release the Epstein files.
Well, Trump was asked about it yesterday, sort of surprised by it.
And he goes, oh, yeah, I don't know about that.
Let me give you the answer before we hear from Trump.
You're never going to see
those files under Donald Trump. Here is Trump asked about it and how he responded.
Mr. President, what do you say?
Which documents?
I don't know. I'll speak to the attorney general about that. I really don't know. I know that
we've done. We've done the RFK, the Kennedy Martin Luther King.
He just doesn't know.
It's out there very shortly.
So we'll find out.
But we've and we've we've really, really announced we're doing them in full transparency.
You know, we did JFK.
People were saying, oh, maybe it wasn't all.
It was all.
We are never going to see those files.
You can tell Donald Trump is in no hurry to release those.
And I still find it funny that anybody thinks they're going to see them.
You may recall when Donald Trump as candidate Trump did this interview with Fox and Friends.
This was, by the way, not with Secretary of Defense Pete Hegseth, but with Fox and Friends
morning host Pete Hegseth. Trump was asked again about those Epstein
files. And as you can see, he goes, oh, the Epstein ones I'm not so sure about.
Would you declassify the 9 11 files? Yeah. Would you declassify JFK files? Yeah, I did.
I did a lot of it. Would you declassify the Epstein files? Yeah, yeah, I would.
All right.
I guess I would.
I think that less so because, you know, you don't know it.
You don't want to affect people's lives if it's phony stuff in there because it's a lot
of phony stuff with that whole right world.
But I.
Yes, those files would be phony and fake.
And so Trump is a little bit less interested, a little bit less motivated in releasing those
folks. You're not going to see them probably because Trump is implicated in those files.
All right. Trump then is asked about China and his completely ridiculous trade war, tariff
war. And Trump seems to acknowledge here that China has called his bluff and China has won because Trump says, well, we're not
really going to keep these high tariffs on China.
Actually, everybody should note that Trump blinked.
What a surprise.
Secretary of Justice Justin suggested that the tariff rate is high as they are now. I'm not sure.
One hundred and forty-five percent is very high, and it won't be that high.
It's not going to be that high.
It got up to there we were talking about, Fentanyl, where, you know, various elements
built it up to one hundred and forty-five.
No, it won't be anywhere near that high.
Right.
It'll come down substantially, but it won't be zero.
Used to be zero.
We were just destroyed.
China was taking us for a ride and just not going to have it's not going to happen.
We're going to be very good to China.
I have a great relationship with President Xi.
But what a different sounding Trump all of a sudden. They would make billions
and billions and billions of dollars a year and they would build their military out of the United
States and what they made. So that won't happen, but they're going to do very well.
And you know what this has now led to? As I am recording this right now, the Dow Jones industrial average is up over a thousand
points.
Trump blinked.
All the tough talk has been replaced with no, no, the tariffs on China will come way
down and we're going to get along great.
And China hasn't done anything.
China didn't even need to negotiate.
They just waited for the tough talk to dissipate.
And all of a sudden now, Trump realizing the insanity of what he has done is taking any
step he can to try to resuscitate the stock market.
And indeed, today, the Dow up a thousand points.
Trump wildly claiming during the same event that the price of eggs is down 93 or 94 percent.
Now some of you who are good at mental math will do some calculations and realize that
doesn't sound quite right.
But if you remember my first week, I was standing here, Paul, and they were screaming about
eggs.
The cost of eggs have gone through the roof.
They were up like five hundred. crazy, like four or five times. And we won't have eggs for Easter, they were
saying. Be no eggs. You can't order eggs. They wanted us to order plastic in the shape
of eggs. Well, yesterday we had 48,000 people at the Easter hunt. They caught the Easter
roll at the White House and we had all eggs. And as
you know, the cost of eggs has come down like 93, 94% since we took office and they're pretty
much normally priced now.
That's right. A dozen eggs is now 30 cents. Prices are down 94% or alternatively, if you
look at the current egg prices and you go, wait a second, that doesn't seem right.
Maybe eggs were famously a hundred dollars, a dozen when Trump took office and he has
managed to reduce those prices 93 or 94% just pulling numbers out of his ass.
No connection to reality whatsoever.
And then finally, the second reason, in addition to Trump bending to China, that the stock
market is up today.
Trump clarified, I am not looking to fire the Fed chairman, Jay Powell.
If you're trying to pacify markets, this is a great way to do it by saying I'm actually
going to cave and not do that crazy thing.
I threatened to do.
It's late.
Not good.
I don't want to talk about that
because I have no intention of firing. I know there are words that you're considering doing
something for moms across the country. Are you considering that? Sounds like a good idea to me.
Yeah, please. You have no intention of firing for our power because here
to me. Yeah, please. You have no intention of firing for own power because of fear.
The American press a few days ago said that you and people in your lives were studying this idea of possibly doing a force turn against you.
You have any plans on doing it?
None whatsoever. Never did.
The press runs away with things.
No, I have no intention of firing him.
I would like to see him be a little more active in terms of his idea to lower interest
rates. It's a perfect time to lower interest rates. If he doesn't, is it the end? No, it's
not. But it would be good timing. It would be it. She could have taken place earlier.
There you go. A very conciliatory Donald Trump working overtime to save the stock market.
And he got to hand it to him, caving to China and caving on getting rid of Powell.
Now points to the Dow up.
It's gone up another hundred points since I started recording this segment.
Now nearly 1100 points.
Trump realizing, I guess, where his bread is buttered.
And what a shock, huh?
What a shock to all of us.
But at least eggs are down 94 percent.
That's a great miracle that he has been able to accomplish.
Hey, this is really funny.
The Trump White House press briefing room has started to bring in someone different
each day to the new media seat. And yesterday it was Tim Pool, a pro Trump influencer, who overtly said, I support Trump.
I voted for Trump.
This is not, you know, the equivalent of an Associated Press or Reuters reporter.
This is an overtly pro Trump influencer.
They bring Tim Pool into the White House. Caroline Levitt calls him unbiased.
And then he asks the most pathetic non-question.
He asks the sort of question you ask if you want to get invited back.
This is the question where you are on your knees begging for continued access.
So let's take a look at the whole exchange.
Yes.
Many of these organizations that are represented in this room have Martin lot step on false
narratives such as the very fine people hoax, the Covington smear, and now what's being
called the Maryland man hugs, where an MS 13 gang member adjudicated by two different
judges, I believe, is just simply being referred to as a Maryland man over and over again.
Now in an effort from the White House to expand access to new companies, you've
created this new media seat. So I'm wondering if you can comment on following this expansion.
You've had numerous outlets to disparage the. What a question.
He said you've had sit here as well as the reporters. I'm wondering if you can comment
on the unprofessional behavior as well as elaborate if there's any plans to expand access
to new companies.
So we're going to hear Caroline Levitt's answer in a moment, which includes calling Tim unbiased.
But this, this is not a real question.
OK, this is what you say to suck up to someone to say thank you because you allowed me to
be in here.
And I have to mention also, given all of the hubbub around how people are dressing when
they go to the White House, how is Tim wearing a hoodie and a beanie in a press briefing?
And it's not considered disrespectful.
Like if we're still going through the motions of pretending we care about decorum, which
the right is doing, what the hell is going on here?
All right.
So here after that completely farcical question, listen to how Caroline Levitt responds.
Sure.
Well, we certainly welcome diverse
viewpoints in this room, which is one of the reasons we have you in here. And there's many
new faces in this room in comparison to the previous administrations. We want to welcome
all viewpoints into this room. We welcome unbiased journalists who really care about the truth and
the facts and the accuracy. And you unbiased rightfully pointed out the Maryland man story,
which I from this podium, when the Atlantic published, she can tell how unbiased him is by the way
he framed up the story about the deported migrant who the Supreme Court said should
not have been deported on that very first day.
I came to this podium and said, this is wrong.
The press in this room have this story wrong.
And we have seen more and more evidence have this story wrong and we have seen
more and more evidence come to the table that we have had all along. We were always right.
The president was always on the right side of this issue to deport this illegal criminal
from our community. And it is despicable to see the media continue to refer to this individual
as someone who is just a peaceful man living his life in Maryland. This is was and always
has been an illegal criminal, an Ms. 13 gang member and a designated
foreign terrorist.
And the administration maintains our position to deport these individuals from our community.
So thank you for really great, great journalism, huh?
Being here, Tim, it's great to see you.
It's so good.
So there it is.
Unbiased reporter Tim Poole asking a fair question.
Certainly one way to spin it.
But we actually have a lot more serious stuff to discuss from yesterday's press briefing.
Let's talk about that.
Caroline Levitt dropped a disgusting bomb.
I mean, truly putrid stuff during yesterday's press briefing.
Uh, she was asked, do you have any actual justification for suggesting that the reason
Pete Hegseth is potentially in trouble is because the entire Pentagon has turned against
him in a concerted effort to rid themselves of him as secretary of defense.
Do you have anything that you can say to justify that?
She doesn't.
She doesn't.
I have two questions, one on the Pentagon and another on the economy.
You said on on Fox News that the entire Pentagon is working against Secretary Hegset.
But the people who were fired were Hegset's own guy.
So how do you square that and what do you say to concerns that that's bad management?
They were Pentagon employees who leaked against their boss to news agencies in this room.
And it's been clear since day one from this administration that we are not going to tolerate individuals who leak to the mainstream media, particularly
when it comes to sensitive information. And the Secretary of Defense is doing a
tremendous job, and he is bringing monumental change to the Pentagon. And
there's a lot of people in this city who reject monumental change. And I think,
frankly, that's why we've seen a smear campaign against the Secretary of
Defense since the moment that president Trump announced his nomination before the
United States Senate. Let me reiterate, the president stands strongly behind secretary
Heccef and of course, and he will stand strongly behind him until he stands behind him in order
to give him a kick in the ass out of the department of defense, which is likely going to happen
soon. So of course no actual evidence. And then were these staffers fired or did they quit confusion with regard to that as
well?
They then get to the topic of the fed and fed chairman Jay Powell.
Caroline Levitt insists that Jay Powell is acting in a political manner rather than doing
what is right for the American economy.
Powell, of course, has insisted he is not going to be influenced by political actors
and he is going to do what he believes is best for the American economy.
Meanwhile, remember that Donald Trump totally backtracked yesterday on firing J Powell and
said, oh no, no, no, it's never something I was thinking of.
But listen to the rhetoric from Levitt about J Powell here.
I'll have to ask him and I'll get back to you, Phil.
You're welcome, John.
Thanks a lot, Carolina. Thank you, Caroline. You're welcome.
John.
Thanks a lot, Caroline.
I have some economic questions for you.
Kevin Hassett has been a key economic advisor to the president in both of his terms.
In 2022...
And he still is.
And he still is.
He was just in my office.
Absolutely.
In 2022, he said that the independence of the Fed is super important.
That's a direct quote.
Is that something that the president subscribes to? He still believes in the independence of the Fed is super important. That's a direct quote. Is that something that the president subscribes to?
Does he still believe in the independence
of the Federal Reserve?
Look, I think the president has made his position on the Fed
and on Powell quite clear.
The president believes that they have been making moves
and taking action in the name of politics,
rather in the name of what's right for the American economy.
The president has the right to express his displeasure with the Fed, and he has
the right to say he believes interest rates should be lower. He believes
Americans should be able to borrow money cheaper than they currently are right
now. And I also spoke to Kevin Hassett about the Fed as well, and he has called
into question the Fed's independence and whether they are actually doing things
again out of the best interest of the economy or are they doing it for for partisan reasons?
The president wants to see interest rates lower.
He has made that quite clear.
We've also seen if I may understand that Trump wants interest rates lower for political reasons.
And what Jay Powell has said is he's not going to move interest rates around for political
reasons that the fed as an independent agency will use economic metrics, not the desires
of the president of the United States to determine when interest rates need to move.
Now we can all have opinions about what the federal funds rate should be.
Some of our opinions may be more versus less informed.
Sure. But this is overtly a
contradiction when she is saying that Trump has expressed that he wants interest rates
to be lower. That is the position of a political actor for political reasons. Jay Powell is
not going to use that to determine what the federal funds rate should be. And of course,
Trump realizing that this was not helping the stock market.
And so that's why yesterday he backed off of the idea that he would be potentially firing
Jay Powell.
Now, finally, Caroline Levitt was asked, people have been getting warned in other countries
about traveling to the United States.
Do you have a message for those people who may not travel to the United States as a result
of this?
And you'll notice she doesn't actually answer.
And you just says the U.S. is an awesome place to do business.
Go ahead.
Yes, I'm calling on you.
Thank you, Caroline.
You're welcome.
Last few weeks, several countries have warned their citizens about travel to the U.S. and
the part of the Department of Commerce's own stats know that from a lot of show that from
a lot of countries, the number of visitors is falling.
It's the way about any message for people that might be reconsidering
business or tourism travel to the US? Where did you see that report? It with
this come from the Department of Commerce. Said what? It's hard to hear you.
Sorry. That visitors from a lot of country have fallen in the from a lot
of countries have fallen in the last three months. I'd have to look at that
report to comment on the merits of it.
I think most people around the world recognize the United States of America is a great place
to do business.
It's a beautiful place to visit and they should certainly come here because it's a much safer
country than it was four years ago under the previous president.
Of course, not an answer, not an answer.
It's a great place to do business is not an answer to.
There are countries warning citizens not to come here for their own safety.
What do you say?
A more reassuring response would have been those citizens have no reason to be concerned
whatsoever.
None whatsoever.
But of course she answers about something else.
How long are these press briefings sustainable?
You know, from the point of view of the White House, I think quite a long time because her performance is certainly good in the using the rubric that Trump uses to evaluate how
these are, which is she doesn't really directly answer questions.
She always defends Trump, et cetera.
From the point of view of the reporters, I don't even know why they bother asking questions at this point, are you burning fat or carbs and give you tailored guidance to
improve nutrition, workouts, even stress management.
Your metabolism is like the engine of your body, how you turn food into fuel.
And because your metabolism is at the center of everything your body does, optimal metabolic
health can translate to many benefits, including easier weight management and improved energy levels and fitness results. at for It's great to welcome to the program today. Ned Lamont, the governor of Connecticut governor.
It's so great to have you on.
You know, my audience knows I really like talking to governors because you are administrators
in a way that our friends in the House and Senate in Washington, DC simply are not.
It's a different role.
It's a different job.
And so where I want to start with you today is when you as governor are dealing with the
on and off tariffs and the market instability and the things we are seeing from the Trump
administration, what are the kind of nuts and bolts of the issues that trickle down
to you as the governor of a state related to that that you are contending with.
Hey, David.
Great.
See you.
Yeah, you're right.
Governor is a different role.
If you're a senator every day, you could do this to Donald Trump.
If you're a Democrat because you think he's fundamentally compromising core values in
the Constitution.
If you're an attorney general, you sue him every day because you want to make sure that
they stop cutting funding
for kids in need.
If you're a governor, you're in a slightly different role,
you know, trying to find places where we can agree
and more likely where we don't agree,
but not necessarily fighting all the time.
You know, I work pretty closely with red state governors.
And I say, for example, I'll get the tariffs,
but I'll say, you you know when it comes to
Medicaid you guys are going to get hit even harder than Connecticut is because you have more rural
hospitals let's work on this together to see what we can do to save you know health care for those
folks. You know tariffs for me if I look at it through my Connecticut lens it's a it's a tax on
people it's a six-letter word for tax. I just came
from a food bank where pineapples imported from Costa Rica are going to cost the 20 percent more
comma unless Donald Trump changes his mind again. And that uncertainty is really tough for a governor
and not too easy for business folks trying to figure out whether to invest or not.
One of the things that some fellow Democrats in Connecticut have proposed to offset the
federal government cuts in places like health care, education, child care is to increase
state spending, to offset that, to keep level funding for some of these programs.
The sort of more deficit hawk type folks are of course concerned about the sustainability
of that financially.
Talk to me about how you're thinking through those cuts and what you can do at the state
level and whether the debt aspect of it is a concern.
All thing is a concern.
And let's say I get a third of my budget is paid for by the federal government.
Let's say I have 7,000 employees, including at the Veterans Hospital, who are subsidized
or paid for by the federal government. We got to say 6 billion of Medicaid alone is paid
for by the federal government. So look, there's no way that we, the state taxpayers of the state can make up for that shortfall.
You know, some of my fellow governors are pretty tough.
They're saying, we can't make up any of that shortfall.
We don't want to get into a battle of this is necessary.
This is less necessary.
You know, I've tried to say, look,
we're gonna do everything we can
to protect the most vulnerable.
We've got the ability to do that. that's what we're going to do.
Comma.
There's no way I can make up that entire shortfall.
We're going to have to find some alternatives.
When it comes to immigration, I had governor Hokel on the program about a month ago and
she said, I'm paraphrasing here, that she will really direct police and law enforcement to
cooperate with this mass deportation scheme only to the extent required by law and not
any further than that.
Within 48 hours of her statement on the show about that, the Trump official Twitter rapid
response account clipped that and said, look at what
this irresponsible governor is doing.
She wants undocumented this and criminal that.
So it was completely kind of spun around.
I want to hear about your philosophy when it comes to the immigration policy of this
administration.
Connecticut is considered a, a quote sanctuary state.
What are you doing with regard to cooperation or lack thereof with federal immigration authorities?
There's a misnomer out there that undocumented criminals are walking around the streets.
And that's just B.S.
We are very strict in terms of getting anybody dangerous off the street, criminals on the
street, those who have committed felonies off the street.
And maybe like Kathy Hochul said, you know, we work with federal DEA or ICE, whoever it
might be when it comes to those criminals.
That said, my law enforcement, the New Haven police, don't ask the immigration status of
people who commit low level crimes, you know, be that speeding or jaywalking or even shoplifting. That's just not what we do.
So I'm not saying hell no, we don't work with you. I'm just saying
we don't work with you because we are doing our job and you do your job. And I think I'm very
careful about this. I really care deeply about the fact that a lot of my kids now, Hispanic kids, trans
kids just don't feel comfortable going to school.
I want Connecticut to be a safe haven.
I want our schools to be a safe haven for these kids.
And I really worry about all this talk about mass deportations and the agents go into our
schools.
That's bad.
We're not going to stand for that.
Are you getting pressure from the from the federal administration that they're not pleased
with the way that you're handling this?
No, I haven't gotten that. But, um, look, they asked us to issue was sign an affidavit
that said, if you don't get rid of all references to D.I. in your K through 12 education, we're
going to cut all your funding.
And we said, look, we're honoring federal laws.
It goes to Title VI.
We don't have to sign an affidavit necessarily.
We have FEMA, you know, they provide a lot of emergency relief for us.
And they've gone to our Connecticut Guard and they said, if you don't do this, that,
the other thing as regards, you know, immigrants, we could cut off all your federal funding for emergency response.
It's just insane.
A lot of our FEMA funding goes to things like cybersecurity.
That doesn't just protect Connecticut.
That protects America.
So it's a complicated situation, David.
What's your instinct as to the so-called real purpose behind the DEI related push, remove
all of these guidelines, don't have these programs because it's hard for me to imagine
that Donald Trump on a personal level is really that hell bent on not protecting certain groups
or like I'm trying to figure out as an administrator what you're inferring as to the real goal
of this.
Is it to virtue signal to people who funded his campaign?
Is it because they'd rather see the money allocated differently for political gain or
what do you make of that?
I think he confuses, uh, affirmative actual quotas.
No, I folks going out and I work my heart out to get more teachers, more male teachers,
more teachers of color.
When it comes to recruiting for state government, I go to every community in the state, regardless
of background, I say, we can provide some of the training you need.
We want you involved here.
I'm not saying no, I'm not favoring one group over another, but the outreach is very important.
I tend to think that Washington and the Trump administration thinks about de is quotas and
that scares people.
I want to talk to you a little bit about blame and governors because if I kind of point us
back to 2010 and the Affordable Care Act, we had this incredible situation where Obama care was
passed and one of the aspects of that was that governors could decide to or not to do
the so-called Medicaid expansion.
Uh, red state governors disproportionately didn't do that expansion.
And one of the things that ended up happening in the 2012 election was that many voters
in red states said, I heard about Obamacare and nothing happened in my state.
I blame Obama.
And of course the real blame was with the administrator of their state, the governor
that said, we aren't going to do that expansion.
This is more a political question than a practical question because it comes to do with framing
and optics.
But do you face those same sorts of situations today where there are circumstances that are
a result of federal policy, but that you as the governor of Connecticut, in a sense, the
buck stops with you with regard to who is going to get blamed. Can you talk a little bit about that?
Yeah, the by the way, J.D. Vance told me that Donald Trump saved Obamacare. I heard him
tell that to remember that when you're talking about making all these cuts to Obamacare and
expanded Medicaid. Look, my job is to fight for my state in any way I can,
fight for those that are at most disadvantage. We did expanded Medicaid. We got more of our people
insured than just about any state in the country. That keeps us safer, less measles, less COVID as
time went on. It works and it makes a difference.
To your bigger question, you got to show people that these initiatives are not just words, that they make a difference in people's lives.
And I think that was part of what we learned in the last election.
I mean, whatever you think about Joe Biden, I think the infrastructure
Billy got through is probably one of the most important things that passed
since I've been around, I've been around a long time.
We have old infrastructure in this state.
We're speeding up rail.
We're speeding up roads.
We're putting people to work.
We got to do a better job of saying these initiatives are making a difference in your
lives.
I think to your point, some people just didn't see it or feel it.
What are some of the specific things in Connecticut with regard to infrastructure that maybe our
audience, you know, in Texas, which has its own set of circumstances or Oregon or whatever,
what what sort of specific to Connecticut infrastructure right now that's important
and needs to be funded and improved?
That our rail from New Haven to New York was 15 minutes faster 50 years ago, 60 years ago.
And now we're speeding it up again.
And I'll be able to get you from New Haven to New York
in same amount of time as it takes to get from,
you know, New London to New York.
We're really speeding things up.
We're a state that's, that makes a big difference.
More time at home with your family in the morning.
Easier to get to work.
Less time, you know, sitting on a road.
What that means in terms of your environment, getting you out of cars.
These are the type of things that make a difference.
They don't happen overnight, but I think people are already beginning to feel it.
You know, we've taken 10 minutes off that commute already.
People notice that.
Why has it slowed down 15 minutes over a period of decades when you would imagine it should
be getting faster, not slower?
Yeah, great question.
We got these old bridges.
They're built by, you know, William McKinley, Donald Trump's favorite president.
They go back 120 years.
All right.
We got to slow down as you go over those old signalization.
So the trains slow down on their way into a station, then speed up again,
just straightening out the tracks so you can go a little faster.
Look, we're not China so that Shanghai to Beijing,
they just those tracks go straight and they go 200 miles an hour.
We'll never be that because we're a democracy and sometimes have to go around Mrs. O. Gillicutty's
a home.
But that said, we can still take 10 or 15 minutes off your commute.
That's what we're doing.
Governor, last thing I want to ask you about at the national level, a lot of the feedback
I get from my audience is I don't see Democrats having a real clear and coherent vision. I know I don't like Trump, but the reason to vote for Democrats in the 2026 midterms
is a little blurrier.
I'm not sure exactly what Democrats stand for.
I understand Trump's bad, but why should I vote for you?
Can you talk a little bit about how much does the national concern after everything was lost in November affect you
and Democrats in Connecticut?
And are you as a governor operating in a in a different political environment than that?
Or are you also dealing with some of that same discontent?
I hear that discontent all the time, but the choice is clear.
I mean, he wants to have a significant tax cut for millionaires and billionaires and
pay for it by taking away health care for your grandmother at the nursing home or your
daughter who's about to have a baby in regards to Medicaid, cutting back on Obamacare, like
we said.
I think that Democrats have got to do a better job of saying how
they're fighting for you every day. He's fighting for they, them were fighting for you. In other
words, the Trump is bad. You agree it's not enough. There needs to be a positive vision
that's put forward.
Look, the world is a lot less safe than it was before. We're better with our allies.
He's pushing away our allies.
He's treating our allies like enemies.
Look, we just lost $2 trillion of market cap.
That means you're 401K is weaker
and you're not as wealthy as you were just three weeks ago.
Elizabeth Warren, she wants to have a wealth tax.
That's 1% a year for 15 years.
They did that in 15 days.
So I think we can make a pretty strong case that they're not helping the big middle class
in this state and in this country.
And Democrats are getting on our high horse and ready to go.
All right.
We are going to follow and see whether that holds through over these next couple of election
cycles.
Governor Ned Lamont of Connecticut.
Really appreciate your time and your insights today.
Nice to see you, David.
Thanks.
So many different VPNs reach out to me wanting to advertise on the show.
And I always turn them down because most of them do not pass the sniff test.
Most VPNs are all owned by the same big mysterious company.
They log your Internet activity so they can sell it or give it to law enforcement. are Sir, private internet access is the only VPN who has proven multiple times in legal proceedings.
They don't keep logs of your activity.
The judge ordered that PIA show user activity history each time they demonstrated they don't
have the records.
That no log policy is also independently audited by Deloitte and PIA is also open source. so Plus four extra months for free. Go to PIA VPN dot com slash David.
The link is in the podcast notes.
All right.
So this just happened and no, it is not a conspiracy theory.
It is real and it is happening.
The Trump administration is creating a government run autism registry, a database of autistic
people in the United States using private medical records, wearable devices, pharmacy
data and more.
And take a guess who is behind it.
Donald Trump, secretary of health and human services, Robert F. Kennedy Jr. Yes, the anti-vaxxer who thinks
that he's going to cure autism very soon.
According to NIH director Jay Bhattacharya, also kind of a vaccine skeptical crank, the
government is going to start scraping private medical data from pharmacies, from insurance
companies, from labs, from the VA, even potentially
from smartwatches and other wearable devices to build this sort of registry.
They're going to pull genomics records.
They're going to pull Medicaid data, prescription history to feed this beast of an autism registry.
A few handpicked researchers will get access.
They can study your data,
but don't worry. They can look at it, but they can't download it. Very reassuring, isn't
it? This is of course medical surveillance of a vulnerable population. No one voted for
this. No one asked for this. No one with an ounce of scientific integrity thinks that
this is going to end well. And of course, Robert F. Kennedy Jr. has claimed on the record that autism is preventable.
He's floated the idea of curing it.
And he is of course trying to resurrect the debunked, uh, autism vaccine link, which has
been thoroughly disproven for over a decade based on the now retracted
quote study from Dr. Andrew Wakefield, who has also lost his medical license and had
a financial interest in a measles only vaccine as an alternative to the MMR vaccine.
But RFK now has the power of the federal government behind him. The CDC under Kennedy is investigating the link between vaccines and autism again in
2025.
And we all know what's going to come next.
They are going to say, Hey, look, autism diagnoses are going down.
Now it won't be because autism is actually declining, but it will be because terrified
parents stop having their kids tested, fearing government retaliation, insurance discrimination,
and all of the rest because of this database that has been built built.
RFK junior and Trump will claim victory.
They'll say, look, we did some stuff and autism is going down just like we said. And then they will give the credit to removing vaccine requirements.
So this is the formula. We've seen this formula many times before you manufacture a crisis.
You credit yourself for the solution after making it impossible for anyone to seek help.
And of course, this is not about actually helping autistic people.
This is about tracking them, branding them, building a narrative.
And the kicker is that it sets a precedent because if they can do this with autism, what
stops them from creating registries for other conditions that are politically inconvenient?
Depression, ADHD, gender identity. RFK junior is a guy who can't seem to grasp that arise in diagnoses might simply be better
diagnostic tools.
And we have many examples of this in medical history.
For example, when mammograms were introduced and made standard of care. Breast cancer diagnoses went up. That didn't
mean that breast cancer suddenly appeared. It meant that we got better at finding it
and finding it earlier and finding it with more precision. They are building the autism
registry with your private health data and they're going to use the impact of people
hearing that the registry exists to claim that they're actually doing something medically.
And of course it's happening under the same president who is floating the deportation
of American citizens to El Salvador and all of the other authoritarian stuff.
The zoom out big picture is that the authoritarianism is palpable here and we're seeing it now push
into the sort of area of medical surveillance and the guy doing it couldn't possibly be
less qualified.
Speaking of RFK and autism, he now has made the wild claim that he has never seen an adult with what he is
describing as full blown autism, meaning nonverbal and not toilet trained. That's his word, not
mine. Take a listen to RFK dispensing this invaluable wisdom to Sean Hannity on Fox News this week.
And anybody with common sense, Sean would notice that because the autism, this epidemic
is only happening in our children.
It's not happening in people our age.
It was better recognition.
You'd see it in 70 year old men.
And I'll say this, I want to be very careful when I say it because I've never seen a person with full-blown autism. I've seen
many people with Asperger's and you know on the spectrum over my age. I've never
seen anybody with full-blown autism. That means nonverbal, non-toilet train.
It's that you don't see these people walking around a mall because they
don't exist in our age.
And they're very, very rare.
They do exist, but they're rare.
So rare that I've never seen one.
There you go.
This if I said to you, you know, Bobby, I never see quadriplegics at the gym.
Would you say, well, they must not exist then because I don't see them at the gym, would you say, well, they must not exist then because I don't see them at
the gym.
I think you get a little bit of the idea as to how ignorant, dangerous and flat out wrong
this is.
You know, it's like, gee, Bobby, I wonder why you don't see 70 year old nonverbal people
who can't use the bathroom by themselves walking around the mall.
What a mystery.
Adults with severe autism often live in care homes.
They often are at an age, 70 year olds, where their parents, who are often the primary care
caretakers for much of their lives, are no longer around.
So the adults with severe autism that he's suggesting don't exist are
living in support facilities or they are with caregivers. Many have lower life expectancy.
They're not out, you know, mainlining beef tallow at a fast food restaurant with RFK
Jr. Doesn't mean they don't exist. Means you're looking in the wrong places. Go to a care
facility, talk to a specialist, walk into any autism support center in the
country.
RFK seems to think that the lack of severely disabled autistic adults in his personal bubble
is proof that they don't exist.
It's not just ignorant.
It's vile.
And, and by the way, even he admits that he's met people on the spectrum.
Cool.
Well then, so what's your point?
Because when people talk about the rise in autism diagnoses, they're not talking about
exclusively severe cases being created out of thin air.
What we're talking about is broader and better diagnostic tools.
So girls, for example, are sometimes more difficult to diagnose with autism because
it presents differently.
Adults, anybody who's high functioning and has sort of evaded the diagnosis for a long
time.
People with ADHD like symptoms, but it's not actually ADHD.
It's sort of sort of lower on the spectrum autism.
That's most of the growth.
It's not this secret wave of completely incapacitated people. The number of infantile or severely disabling autism cases is basically flat.
The rise is improved screening and expanded definition.
And the same guy that's parroting the vaccines cause autism stuff for years now is actually
confused about the data that his own lies help to distort. Think about that.
The vaccine. That's not super clear. Let me explain it. The vaccine autism link has been
debunked by decades of studies. But in comes Bobby Kennedy Jr. using the absence of severely
disabled adults at his dinner parties as evidence of what exactly.
If he's going to lead a health agency, he should start by learning how autism actually
works.
And bonus clip, he also seems confused about ADHD, Tourette syndrome, narcolepsy and other
conditions, all of which he is now calling injuries.
And and these are a broad category.
The ones that Marty mentioned like ADHD, neurological disorders, ADD, ADHD, speech delay, language
delay, ticks to red syndrome, narcolepsy, ASD, autism.
All of these are injuries that I never heard of when I was a kid.
We're not part of the nomenclature.
They weren't part of the dialogue.
Yes.
Many words simply not well understood at that time.
He's 70 years old, 65 years ago when he was a kid.
Medicine was different.
That's true.
There was zero spent in this country treating chronic disease. When my uncle was president today,
it's about one point eight trillion dollars annually is bankrupting our nation.
And think about how stupid such a statement is. He's comparing the raw dollars spent on
conditions that we are only more recently getting better at diagnosing. He's comparing it without inflation adjusted numbers.
He's comparing it to a time when there were fewer people living in the United States and
he's comparing it to a time when a lot of these conditions were not as well understood
of what value is it to say $1.8 trillion?
It's just a big number meant to confuse.
It doesn't account for anything,
anything at all. 74% of American kids cannot qualify for military service. Oh, how are we
going to maintain our global leadership with such a sick population? We have all these autoimmune
diseases, these exotic diseases. And again, I never heard of juvenile diabetes, rheumatoid arthritis, lupus, Crohn's disease
and a hundred others.
So listen, he's mixing a bunch of stuff and usually there is like a kernel of truth with
a lot of these things.
Some of what he's mentioning is lifestyle related and we've got to deal with that.
We have millions and millions of Americans living increasingly sedentary, unhealthy lifestyles
and feeding themselves highly processed food all the time.
That's a problem.
There's no question about it.
Starting to go into calling these conditions injuries and saying nobody had these 65 years
ago when I was a kid.
That's not science.
That's propaganda.
And it's hard to think of someone worse to be in this position.
Truly tragic stuff on the bonus show today.
A 60 minutes executive producer has resigned, citing a loss of independence in the aftermath
of a Trump lawsuit.
It's getting bad over there.
A jury has found that the New York Times did not libel former Alaska governor Sarah Palin.
And finally, the Supreme Court seems likely to allow religious families to opt out when
there are LGBT themed stories in school.
What is their potential justification?
What will the impact be?
Is there a slippery slope here?
All of those stories and more on today's bonus show.
Sign up at join Pacman dot com.
Remember that my book, The Echo Machine, now a multi-week New York Times bestseller, is more got in the book. Please review it. Help us get there. And finally, make sure that you
are getting our newsletter. You can go to David Pakman.com to sign up. You can email
info at David Pakman.com and say, David, get me that newsletter. Or you can go to David
Pakman.substack.com. See you on the bonus show.