The Prof G Pod with Scott Galloway - Raging Moderates: Trump’s First Moves, Biden’s Final Words
Episode Date: January 21, 2025Scott Galloway and Jessica Tarlov unpack the dramatic start of Donald Trump’s second presidency, including sweeping executive actions and controversial pardons. They also reflect on Joe Biden’s fi...nal days in office. Plus, the TikTok ban reversal: what it means for U.S.-China relations and the future of tech regulation. Follow Jessica Tarlov, @JessicaTarlov. Follow Prof G, @profgalloway. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Welcome to Raging Moderates, I'm Scott Galloway.
And I'm Jessica Tarlov.
Jessica, I've decided after this kind of two week
free trial of 2025, I want my money back.
Are you gonna do this every week?
But I get the joke now.
Oh, did I use it? want my money back. I'm... Are you gonna do this every week? But I get the joke now.
Oh, did I use it?
I recycle my stuff.
So by the way, when your kids are a little bit older,
especially your son, a decent means of...
I don't have a son.
You have two daughters?
I knew that.
Yeah, sure.
And they're lovely.
Yeah, no one cut this by the way.
Oh my God.
Yeah.
You have kids?
They're so cute. They look just like you. You have kids? They're so cute.
They look just like you.
You have kids?
Let's start rumors.
I am a birthing person.
So one of the great,
I guess you could do this for your daughters,
decent education and power and history
and politics and culture,
and also oddly sex education
is to have your 16 year old boy,
and I'm about to do it with my,
I did it when I was 15, but I did it two years ago with my 17 year old. I'll do it in a year with my 16 year old boy, and I'm about to do it with my, I did it when he was 15,
but I did it two years ago with my 17 year old,
I'll do it in a year with my 14 year old,
is to watch the entire Game of Thrones series.
It just touches on everything, and it's very bonding.
And in one of the episodes,
Stannis Baratheon decides to burn his daughter,
Shireen, at the stake.
And it is so incredibly uncomfortable.
And I decided for my mental health,
going through the second run through of it,
because we're watching it again together,
I would not watch that scene.
Yesterday was Shereen Baratheon being burned at the stake.
I didn't watch it.
So you've got to carry this show,
because for my own mental health, I just couldn't watch this shit.
I just, I couldn't do it.
So you tell me what happened yesterday real quick.
Like the inauguration or in my toddler's life.
Let's start with the important stuff, your toddler's life.
Well, I don't know actually,
because I was at inauguration.
So all roads lead to Donald Trump's second.
You went to the inauguration?
Yeah, have you even looked at the script?
I have two daughters and I went to the inauguration.
You went to the inauguration as part of Fox?
Well, yeah.
Or in journalists?
I mean, we weren't in the Capitol
because there were very few people in the Capitol.
We had reporters there,
but we had two gorgeous sets that were built. One looking at the Capitol because there were very few people in the Capitol. We had reporters there, but we had two gorgeous sets that were built,
one looking at the Capitol, one looking at the White House.
And yeah, I was there Sunday and Monday doing coverage.
And it was wild. Yeah, it was pretty cool.
Give us a sense for the vibe.
Like what, give us some on the ground, same vibe check.
You said pretty cool.
So immediately I disagree with you
because I can't imagine anything about that would be cool,
but I'll defer to you because you were there, I wasn't.
Yeah, it was like a, a mega polar vortex
with the wind chill and the Trump enthusiasm bottled up.
When I say pretty cool,
I think if something's only happened 47 times in our
history, there's something cool about it. And I definitely felt the gravity of the moment,
how important it is and watching the peaceful transfer of power go off without a hitch when
everything got changed, you know, just three days before.
When it's us transferring it. I'm sorry, go ahead. 100%, and that was a major theme of the day
that obviously January 20th, 2021 looked nothing like this.
And a lot of people, even folks who like Donald Trump
more than me, if that's possible,
were citing how gracious now former president Joe Biden and former Vice President Kamala Harris
were about this and have been in the, you know, since the transition started with Biden having
Trump over right away and saying to him, welcome home, which seems pretty above and beyond,
considering the level of vitriol that's been spewed between them, the level of, I'm going to jail you. No, I'm going to jail you. And then everyone's having tea and crumpets,
which probably says something terrible about our political class that they make us think
that everybody is an existential threat to the Republic. And then actually, they're just
pretty chill. And I want to hang out with them at Jimmy Carter's funeral. But, you know, some things are bigger than politics and being
able to cover an inauguration like that and to have the kind of access that we had and
to be able to walk around a city that was totally shut down for events that didn't end
up happening, but filled with tens of thousands of people that came from all over the country
and all over the world. It was obviously a foreign influence problem
But this is the first inauguration to have foreign dignitaries there like this
You know hoping to sit next to Bezos and Lauren Sanchez and her bra and get some business done
And get access to the Trump family. I won't even go there. Anyways, no, you won't feel free
I mean, I think actually a story point. I think that, you won't. No, yeah. Feel free.
I mean, it was a story point.
I think that could save America
and I'll come back to that.
But as Jess is talking about,
we're gonna cover Trump's inauguration.
We'll come back to this.
Biden's 11th hour legacy and TikTok's ban reversal.
So I did see, I have seen some clips
and my favorite one is all of your colleagues going insane
over Michelle Obama not
showing up about how selfish and outrageous it is and rumor is that Trump
didn't show up to Biden's inauguration and maybe even inspired somewhere even
inspired kind of Duck Dynasty insurrection that was a low point in our
nation's history but yeah Michelle Obama first lady Michelle not showing up
that's really outrageous.
So, all right, let's bust right into it.
Donald J. Trump was sworn in as the 47th president
of the United States in a ceremony at the Capitol Rotunda.
Wasting no time, he signed a flurry of executive actions,
including revoking 78 of Joe Biden's policies,
withdrawing the US and the Paris Climate Agreement
and the World Health Organization
and ending birthright citizenship.
He also issued sweeping pardons for over 1,500 January 6 rioters, including members of the
Oath Keepers and Proud Boys convicted of seditious conspiracy.
For supporters, it's the fulfillment of bold campaign promises.
For critics, it's a troubling start to a presidency pushing the limits of executive
power. So it feels like you got, you were excited and caught up or, you know, appreciate the
majesty of the moment.
Any surprises or any, anything that you found sort of out of the ordinary or interesting
in your, your, your couple days in DC?
Well, the whole thing was, excuse me, I also lost my voice there to make Millennial Vocal
Fry even worse, so I apologize for that.
The whole thing was out of the ordinary because it was inside.
I was talking to Mark Thiessen, who is a Washington Post opinion columnist and was a speechwriter
for George W. Bush, now the greatest Republican president, in everyone's eyes because he does
oil paintings, right, and doesn't start wars anymore. He was saying that he didn't think that we would ever have it
outside again, because there's just no way to secure the perimeter to make
people safe. And that's a massive change in the way that this is going to happen.
Obviously, Reagan went inside because of freezing temperatures. This was a
combination of of it was
cold though around the same as Obama's inauguration which was outside with two million people,
but people are you know very clear about the fact that there was a real security threat,
which I completely believe. There've already been two assassination attempts that we
even know about. I'm sure lots of plans that have been foiled. So yeah, I'm sure he was in part concerned about crowd size,
real security threats, and then cold temperatures, especially with an older base of people that were
going to come for the inauguration. And they did a beautiful job. I don't know if the clips that you
saw were of the inauguration itself or kind of the stories that were going along around on the
sidelines of this, but it looks unbelievable.
And they had the overflow room,
which was filled with people like governors
of major states like Texas,
so they could fit our new kleptocracy in the main room.
And tech CEOs bumped out or pushed out, shoved governors.
Well, they're also government officials now,
a lot of them.
Technically. But that was, there's something, I don't want to say beautiful because it breaks my heart.
But there's something refreshing, I guess, about the fact that Trump and co. don't hide anything.
Agreed. Yeah.
Right? It's just like, hey, I'm going to stab you in the front. And when I do, it's going to have Mark Zuckerberg's perm, right?
Or I'm going to have the CEO of TikTok sitting next to our new director of national intelligence, like Tulsi Gabbard, just sitting next to the CEO of TikTok.
And we're going to talk about TikTok later in the show. But I went to the free press party, which everyone wanted to go to because Jirx Bentley was performing,
saw a lot of interesting people there. But these guys from the Norwegian embassy came up to me and they were like,
oh, you know, we love watching you. And it's amazing also how much of our cable news is consumed abroad.
That was a theme I met an Israeli reporter from Tel Aviv in the train station. I took the train back and forth who was like, we watch the five
every day. And I'm like, are you guys busier? And he was like, well, this is
agenda setting, right? Especially when it comes to what's going to happen with
the ceasefire deal. And hopefully that continues to go through as planned. But
the Norwegian embassy guys came up to me and I was like, what are you guys doing
here? They're like, oh, well, you know, we want to go to the party. And I said, are you trying
to just not end up like Greenland? And obviously, Norway is a much bigger country and has a lot more
going on there. And they said, everyone is just trying to figure out how to navigate, right?
Everyone needs to be on the right side of this. So he doesn't wake up one day and say, hey, your natural resources are very appealing to me. Hey,
you're in great strategic position, right, to counter Russia and China. Let's work a
deal out, right? I know you're a sovereign nation and I know you pay your bills on
time, but I really like what you got over there. And that was a major theme of the weekend.
I mean, all of the enormous sponsorships from big tech companies that didn't even do this
when their candidate of choice, because they were liberal leaning until 20 minutes ago,
was getting into office.
You know, everything was sponsored by X, Google, Metta, TikTok.
That really stuck out to me.
How do you get 100 drunk Norwegian fraternity guys
out of your pool?
Oh, I don't drain it.
Hey guys, would you please get out of the pool?
I mean, Norwegians are just so nice.
They're just so nice, get it?
Anyways.
Yeah, and follow directions.
That was, I thought, one of the weirdest parts
of his inaugural address.
He made statements about expanding America's borders
and bringing our flag to new.
Gulf of America.
Yeah, but even that's a renaming thing.
That's just a weird, I don't know, whatever that is.
That's his rebranding.
Let's call it, I don't know, let's call it
Altria instead of Philip Morris.
Whatever.
That, I think, is unimportant.
But when he says, it strikes me that his role model here,
hands down, is Putin, both in terms of
his kleptocratic inclinations, but also this sort of new,
we wanna withdraw from the world in terms of military aid,
but we might invade you if we can raise a flag.
It's very, well, who does he have designs on?
Well, okay, he has designs on Greenland.
Like who's next?
We're gonna start invading other nations.
That I found very strange,
but it's striking how much he seems to be parroting
or kind of mimicking what I would call
Putin's sort of approach to governance, if you will.
We will start no new wars,
but also we're an imperialist nation.
Right.
Is an interesting contrast.
But I mean, this leads me to the broader thought process
that I was going through over the course of the 48 hours.
And I've been thinking a lot about what we did wrong
in terms of liberals when Trump got into office and all of the
capital and mental health and well-being that we wasted, right, on freaking the
fuck out about absolutely everything. And then this election came around and a lot
of people told us it's just not that serious, right? So do you remember, and I
don't know who originally said it, but when it became the talking point
that you had to take Trump seriously, but not literally.
And so I thought, OK, I'm going to try to take him seriously.
Think about what undergirds what he's saying,
like the imperialist machinations
that he's clearly got in all of this.
And maybe he's not going to actually take over X country,
but what could he do in reality?
Or the number of inaccuracies, right?
In his inaugural address, then the speech that he gave
in the overflow room, which got progressively more
like a rally speech where he starts talking about jailing Liz Cheney, though I assume he was off script, but it was amazing
in the inaugural that he was like, you know, I think actually, you know, we won California.
I'm going to have them look into it.
He's so high off his own supply or whatever you're supposed to say.
And I mean, he did become president again.
So I guess it's a big day. But if you try to take him seriously and not literally, how do you square that with like
the first flurry of executive actions, which are literally the bad stuff that he said?
Right? This isn't I'm not coming after abuela, don't worry, I'm just coming after
the criminals. Or why is your hair on fire? Like my hair is on fire because you just tried to take
away birthright citizenship from the vice president's wife, right? Or from Kamala Harris,
if this was actually to be implemented and it'll be challenged in
the courts. But I don't know how to do this yet. And if it's going to be a long four years,
it was always going to be a long four years. But what do you think about the take him seriously,
not literally, and how to navigate this in a sane way that doesn't make you personally
crazy but also doesn't make you personally crazy,
but also doesn't continue to alienate people
who might wanna be part of your coalition.
I think a lot of us are struggling with,
so do we sort of come together
and recognize the election has been decided,
it's time to all be Americans,
versus an inclination I think I lean on in that is,
I just sort of refuse to normalize this shit.
I don't, I can't kind of come together around a guy
who inspired people to attack Capitol police
and refuse to show up at the last inauguration.
It doesn't believe in the peaceful transfer of power.
I don't, you know, I'm just sort of, look,
I purposely didn't wanna watch the inauguration
cause I wouldn't be able to resist shitposting it online.
And I thought, well, at least give them 24
or 48 hours of grace.
But I do struggle with the tension
between being more graceful and trying to come together
and also thinking, you know what?
I'll do about, I'll show half the grace they showed us,
which is not.
Anything times zero, right?
Which is not, yeah, half of zero is.
Thinking back, my math days.
And then the thing that was on display
that I saw these pictures of
that was so disappointing for me
was the kind of the knee bending
of all these tech billionaires.
And I know what they're thinking.
The smartest thing to do,
this guy's pretty easy to manipulate.
And that is if I show up and I give a million bucks,
there's an article committee,
it's worth tens if not hundreds of billions of dollars
to my company's shareholder value
because I'll stay in his good graces.
This is just a good trade.
At the same time, you know, where are the Americans?
Where's the fidelity to competition?
These guys don't like him.
They don't like each other.
They don't want to sit next to each other,
which brings me back to who is the most powerful person
on the planet right now and stick with me here.
I think Lauren Sanchez,
I've met her two previous husbands
and they're both amazing guys.
One, I think his name's Tony Gonzalez.
He's this NFL player.
I met him in F1 Vegas.
He's tall, he's handsome.
He's super funny.
He's just, seems like a wonderful guy.
Her second husband was a guy named Patrick Whitesell,
who's like six, four, handsome.
He's kind of the Ari Emanuel that's lower key.
He's this super agent, incredible businessman,
the guy you wanna be.
And then her third husband, Jeff Bezos,
is obviously a very impressive guy.
So this, Lauren Sanchez, I would argue,
is one of the most skilled people in the world.
I don't entirely know what those skills are.
I think she's got a magnetic personality.
Everybody I know says she's,
she's just gotta be a captivating person.
When I saw the Zuck staring at her chest,
it dawned on me that if she really wants to do
the world of solid, she should give,
her fourth husband should be the Zuck,
and then Priscilla Chan would get half the voting shares,
and I think you'd see a dramatic spike in mental wellness
and trust in our institutions.
So I think Lauren Sanchez is the leader we need right now.
Your thoughts on the impending divorce energy
of Mark Zuckerberg.
Well, I was actually surprised
to see Priscilla Chan
was there.
She didn't get to be in the room.
It was only Lauren Sanchez that got to see.
You're kidding.
So Bezos' wife or girlfriend got in, but not-
Beyoncé.
But not Zuckerberg's wife?
Yes, exactly.
Which supports your argument that she's the most powerful person in the world.
Yeah.
Or that Jeff Bezos is more valuable to Trump
than Zuckerberg is at this point.
So he'll have to continue going on Joe Rogan.
I guess because Trump likes her look.
But anyways.
I mean, who doesn't like that look?
I didn't think the look for the inauguration
was appropriate.
I thought she looked great.
You don't, you don't, I don't?
Well, yeah, she looked great, but I don't think you should have your bra out in the
rotunda.
I mean, listen, I was probably not the target audience for it.
That felt like a straight guys look at me look.
It was also high fashion, but I think it was Alexander McQueen.
But I should note as well, the fashion was incredible.
And I brought this up on air.
It is very meaningful that all the big fashion houses
have now signed on to dressing the Trumps and the Vances.
And clearly Usha Vance is the star of all of this.
Her fashion coming out, seeing her all done up
and how much she was reveling in this
and the sweet way that she was looking at her husband
with the little kids.
I don't know if you saw the daughter,
the three-year-old toddler had band-aids
on all of her fingers.
Did your kids love band-aids when they were little? And put them all over?
It's funny you said that.
I would have liked, that's one image
I would have liked to have seen.
That sounds really adorable.
I'll send, I'll text it to you.
It's very cute.
And the young family energy being back
at 1600 Pennsylvania Avenue, or I mean,
they live in the Naval Observatory,
I think is very good for the country.
I mean, he's the first millennial vice president.
It's a big deal.
She's the first Southeast Asian second lady. Yeah. I don't think it's fair. I think there's good for the country. I mean, he's the first millennial vice president. It's a big deal. She's the first Southeast Asian second lady.
Yeah.
I don't think it's fair.
I think there's a lot of family energy with Biden.
His great, great, great, great, great grandkids
are everywhere.
Get it?
Great, great, great, great grandkids?
I do.
And also, I mean, there's an implicit joke in there about.
My humor is not landing.
My humor is not landing.
There is another way to go with the joke though as well,
because there was the Hunter's kid that they don't recognize
that lives in the South and doesn't get to be part of the Bidens.
I thought you were also making that joke.
I didn't know that.
But no, it was just an old joke.
Wow.
But Trump was the one who was falling asleep at the Capital One arena.
Later in the day, Biden looked alert, perturbed,
and then on his way as he left on Marine One,
and then Trump loaned him Air Force One to go out to California for vacation.
Okay, that was the positive stuff.
No, I generally agree with you.
I think that the tech billionaires and really just the billionaires writ large, I mean,
this is in the administration, there'll be I think 13 billionaires, which is the most
there's ever been.
And I hear from my colleagues like,
oh, you wanna say you don't like rich people?
No, of course we like rich people.
But at least we have the decency
to just make them an ambassador
and not the head of a department
that they have no business.
Or put them in the rotunda versus someone elected
to be governor of a huge state.
Watching, cause Trump had this whole long exchange with Greg Abbott, the governor of
Texas, and he did make a joke because, you know, everyone was standing and then Greg
Abbott's in a wheelchair.
So he obviously doesn't stand.
And Trump had like a little, you know, funny back and forth with him about it.
But he spent 10, 12 minutes talking to Greg Abbott.
Greg Abbott was front lines of the border crisis, right?
And you can't get that guy in the rotunda,
but Lauren Sanchez can be in there,
or the CEO of TikTok.
Well, they do understand optics.
I'll give that to them.
The thing that kind of summarized what's happened here,
and that I found incredibly discouraging,
and the most under-reported story of the last few days,
was that the day before he was inaugurated,
he launched the Trump coin.
And this is essentially a meme coin.
It's a means of supporting the president, uh, on its first day at Randall, I think, 11 or $12 billion in market cap.
And I don't think I'm being an alarmist here, but the conversation I see will
happen or may have already happened is something along the following, uh,
president Trump, congratulations on your great victory. This is your along the following. President Trump, congratulations on your great
victory. This is your buddy, Vlad. Just FYI, I'm thinking about putting 600 billion rubles or 10 billion US dollars into your amazing Trump coin as a means of stabilizing our currency outflows.
We want to have more crypto. And my economists have done the math and guess what? If based on the limit amount of float,
if I just put $10 billion in, which is nothing for me,
controlling, you know, the 12th largest economy in the world,
I think it'll take probably the price of the market cap
of the Trump coin to 50 billion and based on your stake,
this would make you one of the five wealthiest men
in America, just FYI.
And oh, and unrelated news,
could you please seize arms
shipments to Ukraine?
I mean, the potential here, we thought Donald Trump media
was a conflict and a bad idea, but they have to file forms
with the SEC, making it sort of transparent
when they sell shares that would crash the stock,
all sorts of conflicts of interest.
He's tried to distance himself by that
by putting into a trust controlled by his sons,
which makes no fucking sense
as if he doesn't control his sons.
But now they figured out the ultimate grift
and that is a meme coin that they can basically say to,
say they need another vote to have a federal ban
on abortion and a few Susan Collins or whoever it is
or holdouts pretending to be moderates,
you can call them and say offline and say,
by the way, I can put $10 million in your account
for your campaign or your personal account.
And nobody even knows,
cause I can do it with the Trump coin,
which by the way has a $12 billion market cap,
although it lost half its value yesterday.
The level of like frictionless grift
that was slipped on under the cover of of night the day before the inauguration,
while the news cycle would squeeze it out.
I mean, it feels to me that this is a full, the shape shifting of America from a platform for among other things,
prosperity, economic growth, all great things, producing very wealthy people.
Also, I think a wonderful thing.
But it also used to be a platform for rule of fair play, civil rights, a lack of corruption,
an electoral process that sent people that were supposed to think about preventing a
tragedy of the commons and think long term and deny the rights of special interest groups,
specifically corporations and rich people such that we didn't end up with such great
income inequality that it leads to revolution, that we projected democracy and women's rights
and freedoms and humanity and no forced weddings or honor killings,
that we would project that power around the world.
It feels like all of that is now an asterisk on a giant fucking dollar sign.
And that is we are now a full platform for figuring out a
Hunger Games economy where you can take the most prosperous platform in the
world, the United States, and either figure out a way to make the jump to
light speed to become very, very wealthy, at which point you have political power,
the power to get wealthier and wealthier, and everything else has been crowded into
a small corner that occasionally gets a nod. But we've gone, I mean, we have gone into your point.
I sort of admire how brazen and upfront they are that we are now kleptocracy,
but the Trump coin for me and the Melania coin perfectly embody that we no longer
seem to care that, okay, the U S has been for sale for a long time,
including Democrats through citizens United and healthcare lobbyists who have weaponized
both people on both aisles.
But now the world is for sale.
And effectively, he could call,
he could get the warring parties in Sudan.
I talked to Ian Bremmer,
and he said the way Trump gets a Nobel Peace Prize,
and he's supposedly obsessed with getting one,
would be to go in and solve the civil war in Sudan.
More people are dying in Sudan every day
than in Gaza or Ukraine combined,
but no one gives a shit, right?
But I don't see him trying to solve it.
I see him calling both parties and say,
who's gonna buy more Trump coin?
And whoever buys more Trump coin
and takes my wealth up one, two, $10 billion, I'm going to weigh in with US military intelligence, some heavy equipment,
and this side is going to win.
It's going to be like eBay hits geopolitics.
Who is the highest bidder in an elegant, non-traceable, totally opaque method
through this new vehicle they have figured out?
And it's sort of, there's an insidious genius around this called the Trump coin. And I just didn't see that much coverage. I saw a lot more
coverage of Zuckerberg staring at Lauren Sanchez's chest than I saw of all the potential scenarios
that are very, very bad for the Trump coin. Yeah, I totally agree with you. And it was one of those
stories, I guess on Friday,
when it started trickling in that this was happening,
and certainly over the weekend, where I thought,
is this because we don't have people up to the job
of reporting on this?
Or is this a choice that our major news outlets are now
making to not cover him objectively?
And this is part of the war that's going on
within the Washington Post, right?
Why so many of their star reporters are leaving the paper
because they don't feel like they'll be able to,
at least to their mind, cover him objectively and accurately
because Bezos doesn't want there to be a slant against him.
And I thought a lot about the committee hearings
when they bring in the tax CEOs,
and it's so clear that the senators are not up to the job
of interrogating them about what's going on
on their platforms, and not just the kind of objective stuff
that we all see, like, you're ruining the lives
of 13-year- old girls, right?
There is a spike in harmful behavior.
Their mental health is completely in shambles because you allow them to be served ads that
make them feel terrible about themselves.
You let predators into their inboxes and their DMs.
I feel like it was only Snapchat really that took it seriously about how many
kids were being groomed online on these panels. And I think that was the main motivating factor
for Mark Zuckerberg to show up on Rogan and have this come to Jesus moment. I mean, he
said it was about free speech and censorship around COVID. But I think it's really about
the FTC coming after them and everyone knowing the dirty tricks that go on with these huge social media
platforms.
But we need good journalism on this more than ever,
because the amount of people that I
know who are very smart, informed people who didn't even
know about the Trump coin, then the Melania coin.
And I mean, this has permeated the entire Trump bubble.
I saw there was a pastor who also spoke at the RNC, a big Trump guy. He launched a coin after he spoke yesterday
at inauguration. Right? So the grift is spread across anyone that is MAGA adjacent at this
point. And it feels there's no way to stop it. And there were very obvious ways
to curry favor with the Trumps round one. You stayed at Trump International. And all of these
foreign dignitaries did it and they made sure their staff did remember they had to stay at,
you know, his golf courses where, you know, oh, just go to Scotland, check in, let's pay.
Trump will see it on the ledger. But now you have what's going on, obviously, in the Bitcoin
world or the cryptocurrency world, I should say.
But then Eric Trump announced that they're
opening a new hotel in Albania.
Oh, and we're supposed to act like this
is normal development for the first family.
Well, of course, they have these jobs.
He's a businessman.
That's all fine.
That's all well and good. You
know, we used to say like, Oh, Ivanka Trump got the patents
for her shoe line from China while Trump was in office and
Jared Kushner makes a couple billion dollars getting the
Saudis to invest in his fund. And we're like, Okay, well,
these are things that we can spot. We think they're bad, not
enough of the American public, right? Thought it was bad enough to keep them out of office
again. But this will be running out in the public, but underneath the public
eye at the same time. A lot of people don't understand what's going on. They
also don't know that 80% of Trump coin was reserved for the family and early
investors.
And all of that will vest during his first presidency.
This wasn't like putting your peanut farm in a trust, right?
That we could revisit this afterwards.
And no one seems like they're up to the job
of dealing with it.
Well, when you have Nancy or Speaker Pelosi trading stocks,
which you shouldn't be able to do with what is the world's
most privileged insider information.
It's the beginning of this corruption and hotel rooms, booking hotel rooms,
occurring favor around patents from China.
That is all just checkers versus the chess of this.
This is, those are all slingshots.
This is an elephant gun.
Even after a 30% decline in the price of the Trump coin, it has a market cap.
As we record this,
of seven and a half billion dollars.
They own about 80%.
So he basically made $6 billion on paper.
And as far as we know, he's already borrowed against it.
He's already given it to Supreme Court justices
to uphold a ban.
And if you don't think Clarence Thomas
would take $10 million in Bitcoin,
well, that's like saying he wouldn't go on
a yacht or a cruise with someone who had issues before the court.
I mean, this is, and it's sort of, we're sort of turning into, okay, like they say to unfortunately
some law enforcement people in countries with big drug cartels, you know, either lead or
gold.
And that is he's demonstrated power to kind of run people out of politics or stick online trolls after them, death threats people showing up your house, which puts a
chill on free speech and his critics.
But at the same time, he now has the ability to not only become the wealthiest man himself
through grift in other countries by selling foreign assets and foreign interest to the
highest bidder, he can start doling out money to other people very covertly to get essentially what he wants.
I mean, this is just so, it's, I gotta admit, the thing I like most about it is it's just so brazen.
They're not even, they're not even trying to hide it. All right, let's take one quick break.
Stay with us. We'll be right back.
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Welcome back. During Biden's final week, he gave his farewell address from the Oval Office. Biden chose to focus on economic inequality and take a final shot at the tech oligarchs.
He opened by addressing the ceasefire deal reached between Israel and Hamas,
an agreement he worked on with the Trump administration. Hours before the transition
of US leadership, President Biden issued pardons for General Mark Milley,
Dr. Anthony Fauci, members of Congress involved
in the January 6th investigation, and members of his family.
What do you, Jess, any thoughts on the ceasefire deal,
the timing of it, and kind of, if you will,
Biden's sort of last sort of actions on his way out?
Yeah, well, I was excited there was a ceasefire deal,
I don't know how this didn't happen earlier
since it's the same deal that's been on the table
for what, like eight months at this point.
And three phases to it were in the first phase,
which is in the last 42 days,
the big headline that 33 hostages are gonna be coming home.
We're not sure how many of them are alive or dead,
but we did see three returned over the weekend
and those reunion videos were some of the most beautiful
footage I've ever watched in my life.
And I can't believe the strength of these young women
who all thank God were quote unquote returned healthy.
Now what's going on in their minds
and the lifetime of trauma
that they will endure for this cannot be underestimated. But thrilled to see it. I really
want those Bebus babies, those little redheaded babies, better be coming home and they better be
alive. I know everyone is on pins and needles waiting for that. It's interesting that the deal
goes through the rebuilding of Gaza, which is in phase three. And Mike Huckabee, who's the new or will be the new
ambassador to Israel, gave an interview talking about a two-state solution. And he said, I'm
not really interested in that. And I think for BB, music to his ears, right, that's what
he wants to hear. And who knows how far the implementation of the deal
actually goes through. We may just get through phase one and two. And then Israel kind of says,
like, actually, this isn't good for us. Or God knows, Hamas starts again because watching the
dozens of prisoners and terrorists, Palestinian, released for these hostages that are coming back
to Israel. and they're you
know they're rejoining the fight within seconds there are videos of them back
with their terrorist cohort you know talking about how they will continue
with the plan so bracing for more in terms of impact of terrorism but very
thankful that there is a deal on the table and it has at least begun being
implemented what do you think about it?
Yeah.
So I think you got to give credit where credit's due.
And that is the upside to Trump's unpredictability.
This just had so many echoes of when Reagan came into office and then, uh,
Iran decided to release the American hostages.
And that is, I do think there's just no getting around it, despite what are
probably heroic, nonstop,
very well-orchestrated, intelligent efforts of Secretary Blinken and the Biden administration.
I just don't think it's any accident that on the eve of inauguration this deal went
through.
Of course.
And I do think that Trump's unpredictability, and quite frankly also his just resolute backing
of Israel, played a role
here.
So I think, you know, who gets credit for this?
I think the answer is yes.
And I don't think it's a zero sum game around this.
It is time, or it feels like it's time for the war to come to something resembling an
end.
I found that image of the transfer of the hostages and all of those folks in mass, Hamas just looks
as strong as ever. And just to see that kind of level of chaos, it just was a very chilling,
frightening scene to me that we're nowhere near a resolution. I don't know what that
says about the way the war was prosecuted, about the future of that region,
but that was frightening to me.
And I'm glad, I'm really glad those folks are home.
I'm glad, I'm hoping that death and destruction lets up here.
Gaza has become ground zero,
the greatest concentration of child empty teas.
So, you know, it felt like this just needed
to come to an end.
And my kind of Yoda on this is a guy named Dan Sinor,
who has a wonderful podcast called, Call Me Back.
And he's basically said, this was a bad deal for Israel,
but a deal they should take.
And I thought that kind of summarized it perfectly.
And again, people didn't talk much about that because it was sort of overridden. Well, I do want to say, and you know, when I mentioned like, why didn't this happen eight
months ago?
I understand why it didn't happen eight months ago, but I wonder.
So the key player in this was Steve Witkoff, who is the special envoy in charge of this.
He's a real estate developer and investor.
And he spoke at the Capital One arena yesterday at the kind of rally
section of Trump's inauguration.
And it has been interesting to see bonus points for bipartisanship.
That Steve Witkoff and Jake Sullivan leaving the Biden administration have
talked about how this was a joint effort and how important the support has
been on
both sides of this.
And I do want to plug Jake Sullivan gave a great interview with Ezra Klein that was
much more satisfying than Anthony Blinken's interview on the daily, to say the least.
But joint effort, I do wonder like, why couldn't the Biden administration get a special envoy like Steve Witkoff,
if it wouldn't be Steve Witkoff himself.
I know he's very close with Trump.
I'm not saying that this would have happened necessarily eight months ago,
but it feels like we probably could have made more progress than we thought if we had
had the right kind of talk and the right kind of people at the table for this.
It's easy for me to say sitting here,
but very thankful for the outcome and the hostage families.
Not all of them, but a lot of them were on stage with Trump at the Capital One Arena,
and it sends a very clear signal about which administration
people think is on the side of Israel,
and I heard that over and over again.
So let's just briefly, I'm just going to rattle off these executive actions. And I got to
be honest, I think, I think that sends a very strong signal around leadership and governance
to almost like practically on stage on the, on the day.
On stage, he had a little desk and signed them.
There you go. So ending birthrights, and I'm going to go through all of them and any specific
ones that stand out to you, ending birthright citizenship, leaving the World Health Organization, renaming the Gulf
of Mexico, revoking electric vehicle targets, reclassifying federal employees, making them
easier to fire, declaring a national energy emergency, creating a policy recognizing only
two genders, pausing the TikTok ban, rescinding 78 Biden-era executive actions,
declaring a national border emergency,
issuing pardons for January 6th defendants
for trying from the Paris Climate Agreement.
I'll stop there.
Anything especially stand out to you?
Is it especially good or bad?
I don't really have a lot that feels good about this.
It wasn't, I mean, we have to be conscious of the fact
that a lot of the things like cutting red tape, et cetera, is going to come in the reconciliation bill, or that's how
they want it to be.
Speaker Johnson didn't even want him to rescind the electric vehicle mandate because he wanted
to make sure that that could be part of the legislation that should hopefully get passed
in April.
But, you know, stuff that sticks out to me, obviously ending birthright citizenship is a huge headline in that. I already mentioned that that means
Usha Vance and Kamala Harris wouldn't be American citizens. It's supposed to take
effect, I think, February 25th. There will be huge litigation around that. I think
we have to separate the EOs into buckets of, you know, ones that are kind of
expected, like taking down the Spanish language version
of the White House site,
or taking off the women's reproductive health care
government site as like, we kind of knew this was coming.
It's shitty and weird.
Like, especially when you won record numbers
of Latino support, like why do you need to get rid
of the Spanish language Twitter account, right? Designating that America only has two genders, male and female.
You know, it was really interesting to see someone like Caitlyn Jenner cheering all of this on and
wondering where she fits in all of this. I think that a lot of the border security slash immigration EOs are a really big
deal. They canceled the Customs and Border Patrol app, which was the legal way that everyone was
making appointments for their immigration hearings. Upwards of 30,000 people had their appointments
just canceled yesterday. And these are people, by the way, that are waiting in Mexico for their
appointments. They're not running wild on the streets of Chicago killing people. They are waiting in proverbial line, right,
to have their appointment. I think that that's a very big deal. You removed all of these
people or took away the power from all of these people in the Justice Department that
oversaw our immigration laws. I think that's a big deal. We're withdrawing for the World
Health Organization. That was approved by Congress. He can't do that. And that links to our conversation that we're
going to have about TikTok. Congress passes laws. They're supposed to be separation of
government, three equal branches. He obviously doesn't believe in that, which if you aspire
to be Vladimir Putin, I totally get it. The pardoning of the January Sixers. JD Vance
was on Fox News Sunday last weekend. And Shannon Brehm asked him about this, and he said,
well, it makes sense to pardon people
who are non-violent offenders.
And having listened now to a lot of interviews
with people who literally did just walk around the Capitol,
I mean, you should have figured out
that you shouldn't have been there.
But that versus violent offenders who beat cops,
pepper-sprayed them, used metal poles against them,
riot gear, et cetera, is crazy to me.
And he pardoned everybody.
And there was an interview, I think on MSNBC,
with a guy who had turned in his father
for being part of the January 6th riot.
And he said he's scared that he's going to come and kill him now,
that he's gotten out.
I think there's going to be a huge spike in domestic violence
as a result of this.
Saw one woman who actually refused the pardon.
She said from her time, she had 60 days in jail.
She said, I realized what I did wrong
and also who's responsible for this in Donald Trump.
And I don't want it.
But that obviously sets an enormous precedent that there are no lines in the sand for people
who attack law enforcement, back the blue, out the door, obviously.
That one stuck out, and the guy who's the head of the Proud Boys getting out.
And then I wanted to ask you about, well, tariffs.
He says February 1st, he's going to start a 25% tariff
on Mexico and Canada.
Get all your avocados while you can.
And then removing the security clearances
from all these former heads of the CIA,
directors of national intelligence,
anyone who signed that letter saying that the Hunter Biden
laptop was Russian disinformation,
he's yanked security clearance.
Yeah, some of it is more meaningful than others.
The renaming stuff, some of it declaring
the border national emergency, the lifting the bans.
This stuff around, the rhetoric around energy
strikes me as especially just inaccurate.
So all of this drill baby drill,
it should be build baby build.
We're the number one oil producer in the world.
Biden, Biden okayed a bunch of drilling permits.
That's just pure rhetoric.
The naming stuff is bullshit.
I don't necessarily agree,
but I can understand declaring the border
a national emergency.
I get that.
Yeah, that's fine.
And saying they're going to expel or deport criminals
who are undocumented workers.
Technically, they've committed two crimes.
I get that.
But the birthright stuff,
pulling down the Spanish language,
that feels more like, fuck you, I'm a racist.
That's just, it's unnecessarily mean
and waving your middle finger in the face of people.
I don't understand.
I think he loses a lot of credibility
and he creates a lot of unnecessary enemies
when he does this stuff that seems just more coarse
than effective.
And some of it revoking electric vehicle targets.
OK, fine.
The thing I like is reclassifying federal employees,
making them easier to fire.
I don't see any reason why government employees shouldn't
be subject to the same pressure and accountability
as private sector employees.
Now, having said that, this notion that government is out of control,
you might find the government spending is out of control,
but that's mostly around entitlements
and the ballooning interest on our ballooning deficit.
The number of people who work for the government
has ranged over the last 50 years or six years
between 14 and 17%.
And it's actually towards a low end right now.
So, and the majority of our employees
that work for the government work for state and local.
So the notion that all of a sudden the government state
or the social welfare state has just ballooned,
that's not really true.
You could argue that government spending has ballooned,
but it's not, you know, anyways, I like that.
I think that made sense.
Declaring a national energy emergency,
that's just bullshit, it's just not true.
We just don't need,
creating a policy recognizing only two genders,
I'm sort of of the mind like,
give it to them so we can stop talking about this
because it's been such an effective cudgel
and weapon against Democrats.
And that is, I don't, okay, fine, have at it.
Let them decide that there's only male and female.
That's fine.
I do think the Democrats served up the mother
of all fastballs by deciding that, oh, a six foot four
swimmer can show up in a unitard and win everything
at the women's nationals or that a transgender woman
can cross the finish line in a bike race five minutes early,
and everybody, all the Democrats gather around
and say it's inspiring.
So I'm always sort of like, give them that,
let them move on, stop demonizing this group of people
of which there are less than the number of people
probably paying pedel in California.
But some of this just felt, yeah,
I don't agree with his economic policies.
The tariffs thing, I actually think is being, I don't think tariffs are a good idea, but
I think he's more pragmatic.
And if you look at his first term, he was seen more, he proved to be more of a pragmatist
than an ideologue.
I think he's trying to, he sees himself as a dealmaker here.
And I think he's trying to send a shot across the bow of these nations saying, you need
to come to the table and give me something
or I'll implement.
Cause he could have implemented those tariffs today,
but he decided not to.
So I do think he's being pragmatic around that.
I mean, I hope so.
And maybe it goes down to 10%.
I just, I think in his race to always do the most,
like I'm gonna sign the most executive orders
of anyone on their first day in history.
You have a lot of bullshit in there
and it creates these outrage headlines
and then you can slip a Trump coin in, right?
Because we're all hair on fire.
Yeah, 100%.
Right, totally.
But one thing that I cannot look over here about
is the nearly 1,660 Afghans
that had their resettlement in America cancelled because
he got rid of these refugee programs. These are people, a lot of them who have American
service members, family, people who worked with us during the Afghan war, and they're
up a creek. A lot of them are going to have retribution coming their way from the Taliban. And this is making one of Biden's biggest mistakes, right?
The way that we left Afghanistan, so much worse.
And I don't understand it.
If you made it a centerpiece of your campaign, that Biden was a
terrible foreign policy president, right?
And that he, 13 of our service members died and that we left
thousands of people that helped us over the course of this long war and risked their lives for us. And now you're just like, F it. You got to stay. I hair on
fire about that one. For sure.
Well said, Jess. Okay, we have one more quick break, stay with us.
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Welcome back.
Before we wrap, this weekend, TikTok went dark for US users after major app stores removed
the platform following enforcement of a 2024 law banning TikTok unless it divests from Chinese parent company ByteDance.
Less than 24 hours later, TikTok flickered back to life credited to President Trump.
Trump said he wants to delay the enforcement of the ban for 75 days, aiming to negotiate
a deal to protect national security while allowing TikTok to continue operating in the
US.
What are your thoughts on this, Jess?
It seems really bad.
And Congress passed a law.
I mean, we are now in a new frontier
in terms of the separation of powers
or returning to the old frontier,
but this time more emboldened by the fact
that he has four years to try to do as much crazy
stuff as possible.
And obviously this was something that started under him.
I was struck and I didn't know this, that all of the senators who received the classified
material about the Chinese Communist Party's influence on TikTok, voted to pass
this law banning at 50 to 0. When do you get 50 to 0 about something? And I don't know.
I mean, Tom Cotton is raising hell about it. And there are going to be a lot of people
who say, you know, well, you can't do this, but who's to stop him? And the CEO of TikTok at the inauguration,
I think is meaningful.
I get it, there are 170 million Americans on that.
There are 6 million small businesses
that make their livelihoods off of TikTok.
And that's the main argument that Kevin O'Leary,
Mr. Wonderful is making for why we need to buy it.
He has put together a $20 billion bid for it
that they don't seem that interested in, probably because this isn't about money,
it's about national security. And by that, I mean our lack of national security. But it's
extremely scary. And if you have a moment where you can get lawmakers together on something like this, why not go for it?
Also, why can't we just make our own?
I have not understood that fully.
So the mere fact that on a dime,
TikTok could have their algorithm push out
and elevate a ton of TikTokers
who are understandably upset
because they make their living
or they just plain don't like it.
170 million Americans if they can find 1% of them,
1.7 million.
And then I'm gonna go out on a limb here
and assume that they massively elevated the distribution
and viewership of that content
that inspired massive political pressure and discourse
and occupying the news, i.e. propaganda.
The fact that on demand in real time,
a platform that is obviously influenced by law
and has to do with the CCP wants,
the fact that they could inspire a real time influence
on our government is exactly the reason
it needs to be banned.
When did they do this again?
When they invade Taiwan
or when they just want us to get angry at each other?
And this has a larger theme and that is,
are we as Americans a serious people?
We're in the Paris Accords, we're out,
we're back in, we're out again.
We're in the Iran deal, no, we're out again.
We have 79 US senators, 350 odd congresspeople
sign into law something banning it.
They had six months to figure this out.
They decided not to.
And on the eve of the banning, we blinked.
President signed this into law.
It was a law, but what did the Chinese and the CCP say?
Hold my fucking
beer and we blinked. And now we're trying to figure out how to get out the knee pads
and in fillate the CCP. What happens the next time we have real negotiations with any adversary
or competitor globally? We are not a serious people. We blink. We sign laws and then we repeal
them. We enter treaties and then we leave them. We fund NATO and then we start threatening other NATO
countries. This embodies or epitomizes the fact that we are losing currency and credibility around anything we say, any threat we make, even
if it's a law that passes overwhelmingly.
Well, will it really happen?
I wouldn't take us seriously.
So what happens when we threaten to reciprocate or to defend Taiwan?
Do they take us seriously? Or do they now feel like between
our ability to turn Trump into a, a deca-billionaire and the fact that even when they vote for
a law and vote on something, they don't seem that serious, does anyone take us by our word?
We are no longer a serious people.
I would add to that, that unfortunately this became a bipartisan problem because Biden
blinked first on this. He punted it to the new administration and I think that it's
very much indicative or representative of this kind of cloud of disappointment and disgrace to
a lot of people that he left the White House in. There were a slew of stories that came out over the weekend,
big publications, right?
And the Times, Politico, The Guardian,
all these Dems who now feel emboldened
to talk about how they knew Biden
shouldn't have been the nominee, right?
And they had ex-experience with him.
And he's not talking to the Pelosi's
and Joe Biden said, we were friends for 50 years.
And then there's all this infighting. and the time for that was in the public square. Frankly, when Dean Phillips
was screaming from the rooftops, you know, if I have to be the guy, I'll be the guy, I would rather
it would be someone better, right? Josh Shapiro, Gretchen Whitmer, et cetera. And I fully take
responsibility for, I sat on TV many times that I thought
he could do it when it was clear that he couldn't do it and at least couldn't do it for the
next four years, which he's now admitted as much, even though he says he would still win
when we would have been absolutely obliterated. But he should have done this. He should have
not given Trump the opportunity to be the savior or perceived as the savior of TikTok,
and then to keep it operating for at least the next 75 days.
And when you think of how fast disinformation spreads or whatever they want the algorithm to say goes,
75 days is a lifetime, right?
And then it's going to be another 75 days until we figure out a way to.
What is their motivation to get a deal done?
Oh, we really mean it this time.
We gave you 180 days and you didn't listen,
but now we're gonna give you another 75,
but we really mean it this time.
Well, he wants to also split ownership, right?
He wants this, he had the, I don't know,
the true social pose.
Yeah, there's a word for that.
So like the 50.
There's a word for that, socialism.
We've decided, he's decided that the US government
should own 50% of a private enterprise.
I mean, how is that any difference in the UK deciding
to invest in DeLorean or Obama investing in Solandra?
That is, socialism is when the government controls
the means of production, when he decides certain businesses
and he thinks he has a better business perspective, he decides we should own 50% of that and he's going to make us rich, that
is socialism. That is the basis of, okay, we're going to now become the means of production
and own businesses because we know better than private enterprise.
Well, even if he kicks it to private enterprise, it's going to be private enterprise that he
controls. And we just have gone through this whole rigmarole over government censorship, right, of the people and the ultimate free
speech advocate, one of the biggest applause lines during the inauguration. And we're back
at zero or frankly less than zero because a lot of people are willfully blind to all
of this.
I'm going to finish where I started. I see this as Shireen Baratheon being burnt at the stake.
I just am not down with this.
I refuse to normalize it, Jess.
I am not coming together.
I am not-
You have to.
It's in the title of the show.
Is it?
Rage?
Kinda.
Well, I think I am being a moderate.
Well, let me put it this way.
We're raging. I know.
We're raging.
How's that?
I promised to rage. We're raging hard.
Yeah. Okay, we'll rage. All right. But we have to I promised to rage. We're raging hard. Yeah.
Okay, we'll rage.
All right.
But we have to work together
where we can find normal ways to do it.
There you go.
All right, that's all for this episode.
Thanks for listening to Raging Moderates.
Our producers are David Toledo and Shinenye Onike.
Our technical director is Drew Burrows.
You can find Raging Moderates on its own feed every Tuesday.
That's right, Raging Moderates on its own feed.
Please follow us wherever you get your podcast.
Jess, I hope you and your daughters are well.
We are great. Thank you.
And have a few years before Game of Thrones, thank God.
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