00:00:00
guys I'm I'm just a science nerd I don't care I'm here to get I'm here to get along with everybody why can't we all
00:00:06
get along if only what is this let me let me just trick the audience one more time he 200 look I rescued this dog I
00:00:15
rescued live we're live my PR team told me that this would generate a I got a phone call from a board member who used
00:00:22
to be important and relevant 15 years ago and he told me to feel bad about myself oh is is so funny okay I'll stop
00:00:31
I'll stop David all right stop stop beating up on him we've on the show we are live hey
00:00:36
everybody um Nick do you want to do Gallery mode because I'm looking on YouTube and it's single yeah yeah yeah
00:00:41
let's see let's see all the comments everybody we're Galler welcome to we are here live it is guys guys and
00:00:50
I'll give you one guess can I open what is in my thermos I think I know it's in your montra
00:00:58
montra I mean who puts Screaming Eagle in a thermos Screaming Eagle what is it liberal
00:01:06
tears oh my Lord he's at the office drinking what did you call HR Lial tears tears liberal
00:01:15
tears tears no Nat Nat made me walk here you know we walk at night yeah I always
00:01:24
sorry we have we have a Breakin we have a David Sachs break in we break walk to the office I have to put the everybody
00:01:30
we have a breaking news story coming to us live from uh private club somewhere in Florida it's David saxs wait sorry
00:01:40
how do you show the comments and stuff I don't even see the comments go to YouTube Type in Allin what do you mean
00:01:45
go to YouTube I'm on is this on YouTube uh oh uh oh there he isxy poop who you got there with you hey can
00:01:58
you hear us I've got Donald Trump with me Donald Donald J tremendous founder mod but actually are you are we live yet
00:02:09
or what's happening we're live do not say anything inappropriate Don do not say anything David won't but I I can't make
00:02:17
any promises right now because I died two days ago and I'm just living on caffeine nicotine and testosterone so
00:02:23
yeah well uh freeberg is actually taking the uh trt as well he's doing uh the testosterone treatment
00:02:30
s you were you were amazing on Tucker yeah nicely done on Tucker thanks yeah I thought you did a really good job
00:02:37
I just want make sure that you guys can see and hear us okay because you're we're using my personal hotspot on my
00:02:42
phone and uh broadcasting for my laptop so I just want make sounds great sounds great looks a little fuzzy but tell tell
00:02:49
us tell us where you are yeah where are you guys well I'm at the beautiful Mara logo we're at the logo you're at the
00:02:57
logo you guys are you guys are coming in Great and the are going fast and furious how much is it to be a member
00:03:04
Don junr how much is it to be a member of mar about half a million bucks right now it's uh what go up after Tom
00:03:11
,000 really yeah it's like the betting markets you never know it probably goes up depending on what happens tonight or
00:03:18
tomorrow or uh you know in three weeks unless they find a you know a couple truck loads of ballots that were filled
00:03:23
in in a warehouse somewhere morago even if he had the the yeah can can I Maro for a burger I heard
00:03:32
the burger you could work at Mar Lago maybe absolutely do you need somebody for the
00:03:39
gate house to well I think I think everybody needs a turn coat we're always looking for security especially these
00:03:44
days exactly yeah that's you never know who could break in the door yeah hey um hey Don do you want to uh just give us a
00:03:50
little bit of color sort of on the ground as you see it in real time um whatever you can share that you're
00:03:56
comfortable with yeah listen I you know no listen I'm I'm an open book share everything I know I mean you know still
00:04:01
obviously up in the air need everyone to turn up uh I think if you're if you're looking at it you probably rather be us
00:04:08
than them right now uh that doesn't account for you know any any nonsense or games but it seems uh you know they
00:04:16
called Georgia and North Carolina for us just now we have sort of really good uh
00:04:20
almost unprecedented rural turnout uh a lot of places in the in the cities uh not so good I just got an update from
00:04:27
some of my friends that are politicos sort of in Penn uh you know lacana county is like tied
00:04:32
that's unheard of uh a lot of places there I think we got in Wisconsin 51% of the 18 to 29 vote uh that's not been I
00:04:41
don't think that's ever been done by Republicans I think we're pushing uh 20% of the African-American vote there uh
00:04:48
that doesn't surprise me uh you know for me as I've gone around the country for the last um few months you know per
00:04:55
capita I think I've taken more selfies with African-American men than anyone so you know felt a lot of these kind of
00:05:00
cultural shifts on the ground you know not at a trump rally but like just in in places where you know if I'm at the
00:05:06
random airport going through Detroit or whatever it may be uh so you know it feels pretty good there's still you know
00:05:13
still a lot of unknowns who knows maybe they have some anomalies but I think they really need like massive massive
00:05:19
over performance uh you know on same day voting that they don't have you know they they've been voting for you know
00:05:25
for weeks on end for years people do that so it feels like a lot of their is already baked uh in some of these places
00:05:32
where it's close to tide you know our election day vote uh is still going to come in and that that's still going to
00:05:38
be you know heavily towards us so you know a lot of unknowns it seems like we covered the East Coast pretty well um we
00:05:46
some if you had to if you had to separate the party and the ideology for a second if and if this
00:05:52
holds what is 75 80 odd million Americans telling the rest of America in terms of the ideology that matters yeah
00:06:02
yeah this isn't like if we pull this off this isn't like the Republican Party one
00:06:07
uh I think it's really it's it's America First and it's it's very different uh it's uh it's just different and so you
00:06:15
know a big part of you know my push towards JD uh for the VP slot and all of that was to perpetuate that because I
00:06:22
feels like that's where Real Americans are on the ground certainly on the conservative side of things that's where
00:06:28
they are um and you know the traditional party still thinks that you know you Mitch McConnell has said it for the last
00:06:35
few years you know the number one issue for Republicans across the country is Ukraine and I'm like what like I I've
00:06:42
spoken to more Republicans in the last week across the country than Mitch McConnell has an his entire 273 year
00:06:49
career in the Senate and I and since the Ukraine war broke out I've served Republicans when I speak if it's 500
00:06:55
people here 5,000 people there uh you know I've I've surveyed over 100 ,000 people live in real time where I'll give
00:07:01
them the mic and so far of about 100,000 maybe a little bit more than that four people uh have said that Ukraine is a
00:07:08
top 10 issue for them none of them have been top three and I'll ask him is it top three is it top 10 four people one
00:07:13
guy I asked you know what's the deal he was from Kiev Ukraine so I was like I'm GNA give you a pass yeah uh another guy
00:07:18
had worked there for like 15 years so you know he and he he said it was 10.5 so it wasn't really a big one for him uh
00:07:24
but it was close one guy misunderstood the question it was a double negative he thought it was a double negative uh and
00:07:30
so he was actually for us and didn't and the other guy worked at Ron so uh you understand why he wanted to keep selling
00:07:37
missiles uh and and so you know there there's just a big Divergence between swamp Republicans and sort of that
00:07:43
establishment Republican party in where you know conservatives uh around the country are uh I think my father tapped
00:07:50
into that in 16 I think 2020 sort of an anomaly here because you sort of weaponized Co and all the insanity
00:07:55
around that and you know that didn't mean we were perfect on any of these things but uh I think you know a strange
00:08:00
anomaly but you know the Bas is definitely not with uh you know what would have been you know traditional
00:08:06
Republican party or traditional conservatism uh it's really that America first thing that I'm seeing uh heavy
00:08:11
around the place right now and that's what's bringing in a lot you I think we swung Independence 20 points in North
00:08:17
Carolina uh and Georgia uh you know since 2020 uh and it's because of those things not because they want to go back
00:08:24
to sort of uh the Republican like warmongering party a major issue that people have wanted to talk to you about
00:08:32
is government spending so you've engaged Elon in this Doge this department of government efficiency what are the
00:08:40
chances that we'll be sitting here four years from now and the debt will have changed in any way do you think your dad
00:08:47
and Yan can actually cut a trillion or two trillion uh from the debt or not and if so listen I I'm that that yeah I mean
00:08:57
that's what I'm most excited about that doesn't mean they're just going to roll over easily right you know I think my
00:09:00
father had a mandate to do a lot of things uh in 16 that doesn't mean the swamp is going to go along with it but
00:09:06
when you have the opportunity to basically have the Einstein of our era uh go in there and do this a guy that's
00:09:12
you know doing more in space than NASA with a 75 year Head Start uh you know what I I I'll roll the dice with that
00:09:19
you know you saw Ron Paul jump into the conversation uh you know a couple days ago people are just super excited about
00:09:24
that uh when when the interest on our debt right now is a trillion a year by itself I mean that's a that's bigger
00:09:31
than the GDP of most countries most successful countries uh we're just spending it in interest uh I'm willing
00:09:37
to give those guys a shot uh you know it doesn't mean the government DC the bureaucracy which you know which they're
00:09:44
going to cut I mean Elon did that with Twitter when he took it over he cut 80% of the workforce and it functioned
00:09:49
better uh I think DC that the same would happen but they're not just going to roll over you
00:09:55
can't just fire them that's going to take time and process Don on that yeah I was just going to say on on on
00:10:02
that topic DC isn't going to roll over and if we saw a flavor of Donald Trump's attempt to drain the swamp he's been
00:10:10
very honest about what went right and wrong and part of what went wrong was I guess team selection and you know you've
00:10:17
really led the charge to make sure that the team selection in this second iteration if it comes to pass is going
00:10:23
to be markedly different have you guys spent time thinking about what the Deep State tries to do do to stop you this
00:10:30
time around and are you planning around that like are you are you spending any time thinking about what that looks
00:10:37
like yeah we are I mean listen you know when it comes to transition uh you know I'm going to be very involved that's the
00:10:42
only thing I wanted to do and it wasn't about actually placing someone in a position it was really just blocking the
00:10:48
guys that were going to be the guys that were going to Slow Roll you uh you know
00:10:52
the guys that pretend they're on your side but they know better even if though you know they're you know they know
00:10:57
everything even though they're unelected uh bureaucrat they're going to sty me what the duly elected president of the
00:11:02
United States wants to do uh so you know you know that Playbook is is long and vicious o of what they will do but when
00:11:09
my father took office and I'm glad he's honest about that because I think it was
00:11:12
you know his biggest miss last time and though it's sort of hard to fault him he
00:11:15
came to DC the first time he ever spent a night in Washington DC was the first night he moved into the white house uh
00:11:21
you know someone has an rnx your name and uh you know some politician who was maybe great to you no this is the guy
00:11:26
this is the guy but DC it's different than than business where you sort of understand where
00:11:31
people want to be people who may even agree with you maybe on your side you know they'll shank you to get a good
00:11:35
article somewhere to get you know the contract here the consulting fee here uh it's just a very different world I think
00:11:42
with four years of experience I think we know who those people are uh we've seen
00:11:45
who are the good brokers who are the you know the dishonest guys uh you keep them
00:11:49
out of the process and that becomes a lot easier uh you you also put in the guys that are actually willing to to
00:11:55
fight that you know on our side on the conservative side so few guys are actually willing to fight you know
00:12:00
they'll sit there they rather get the the nice guy treatment from The Washington Post who would put them in
00:12:04
the Googs uh if they could do it on their own vition um and you know there are some guys that are killers on our
00:12:11
side that are actually willing to engage and and take on those things I think we
00:12:15
know who those people are I think we're going to put those guys uh in and I think that makes that process easier
00:12:21
that doesn't mean it's going to be easy uh it just means it's doable and you know I I think the reality is you know
00:12:28
everything that's going on for the last half century has been a total an abject failure in our government uh and so you
00:12:34
know with enough of a mandate from the people with enough exposure with enough transparency which you have none of in
00:12:39
Washington DC I think Elon will really help with that um by the way I don't think this race would even be close if
00:12:44
it wasn't for what elon's doing with X and just showing people what's going on enabling them to communicate even today
00:12:50
you know being able to show people you know what what's happening in real time when the games are played and enabling
00:12:56
us to put legal guys you know right on something the second they tried shutting down a polling location or they're
00:13:00
playing games uh you know I think that kind of transparency is the greatest disinfectant and if we we do that uh I I
00:13:07
think it's really important and I hope we set a precedent for other people to buy into this which will be great for
00:13:12
the American people Don have you met Congressman R con yeah joining us uh Congressman Ro how are you California Hi
00:13:19
how are you we may have met uh but yeah we don't know each other well a lot of I know you of course
00:13:28
you're everyone in the country country knows you but look who whoever wins this it's time for this country to come
00:13:33
together you know I think we've got to go do big things we've got to set up manufacturing around America I've always
00:13:40
respected uh uh Elon for for the Innovation I just think we've got to figure out how do we heal this country
00:13:46
how do we do big things whoever wins and Ro what um Ro what what are you hearing
00:13:50
on the ground on your side look I mean I I I obviously right now it's a it's a tough situation I we got to have a clean
00:13:57
sweep of Pennsylvania Wisconsin Michigan I mean that's the reality and uh it's doable but uh it's uh it's it's going to
00:14:06
be an uphill I mean that's the the honest truth and uh I don't want to spin things I mean I everyone sees the sees
00:14:12
the data uh bro I asked I asked Don this question earlier but you know I think that I think a lot of what is this
00:14:19
reducing to and he said this as well because I think Don Jr's interpretation as well as the the the team's
00:14:27
interpretation is that this is not a republ ticket right and so instead it was sort of an ideology that was put on
00:14:34
referendum and if you had to answer the question what do you think the Democratic ideology was that they put up
00:14:40
for vote what would what was that well I think we obviously ran on abortion rights I think we ran on uh
00:14:49
making sure that uh you had a uh inclusive democracy but I think we need to do more on the economy about what is
00:14:57
our vision to create good paying jobs what is our vision to have manufacturing I think we needed to go more on these
00:15:03
podcasts I mean you guys have had me on I was an advocate saying vice president har should come on all in go on Joe
00:15:09
Rogan go talk to folks uh engage in ideas but you know uh look I don't know who's going to win but given that Don is
00:15:17
on you know my plea would be let let's figure out whoever the next president is to figure out how we turn a page forward
00:15:24
and start to spend the next year doing stuff for the country I'm willing to do that whoever WI
00:15:29
and I I just hope uh people are sick of the division in this country I don't you know I hope that's what's
00:15:37
going to happen and I the sentiment is great I think we we do have to move forward as a country uh independent of
00:15:43
whoever wins but let's handicap what happened here in this election uh we saw the hot swap Biden uh giving way to
00:15:51
Harris but you did not do the Democratic speedrun primary looking back on that was that a mistake I don't think that
00:15:58
was a mistake I think there'll be questions about whether he should have gotten out a year before I mean I you
00:16:05
know that was his decision having a 100 days before an election a as it is I think the vice
00:16:11
president probably didn't have enough time to introduce herself so if we had added to that a month of selecting the
00:16:18
the candidate uh I I'm not sure that would have made much of a difference uh but you know and people will say should
00:16:25
we have had a process after the midterms and of course uh that's uh will be an openly debated question freeberg you
00:16:33
haven't had a question yet what are your thoughts here uh for Don and foro well Don I was gonna go back to uh the the
00:16:40
point about I don't think we've ever had anyone step into office at least in what
00:16:45
30 30 years that said hey you know what I'm going to cut spending dramatically like this we're gonna uh we're going to
00:16:51
really go in and Slash the wasteful inadequate kind of spending of taxpayer dollarars but how do you think about the
00:16:58
overall debts situation and where we end up in four years does the administration
00:17:02
need to worry about that and row I think the same question for you and the Democrats I've met with in private but
00:17:07
they won't say publicly they point out we're going to have to cut entitlements at some point we're going to have to do
00:17:11
something because it's uh it's an unsustainable kind of situation I I'd love to kind of hear the the the Dual
00:17:18
party kind of point of view on how much debt is too much and does that a mandate
00:17:23
is that you know slashing cost C uh cost is a mandate but is cutting the debt a mandate
00:17:29
it's kind of making that I I listen I I agree I think it's it's untenable I already brought it up
00:17:36
without the question about you know a trillion dollars just in the interest component of this right this is this is
00:17:40
not sustainable and you know both Republicans and and Democrats are guilty of this I think Mitch McConnell once
00:17:46
told my father basically like no one's ever won an election uh you know by by spending uh by or never lost an election
00:17:53
by spending too much and and that's the problem everyone just sort of buys their
00:17:57
vote with money that we don't really have uh so it's a big problem I I I love that
00:18:02
my father basically he's not running for reelection again so four years of him in
00:18:07
there not trying to run for a reelection as a business guy with the team that's surrounding him you can actually get
00:18:12
real change done when you have the career politicians they they they talk about it they get it they understand it
00:18:17
it's not oh we got broken looks like uh we may have lost well Ro how much do you
00:18:27
think about it I think it's a huge issue and let let me give you two ways I think
00:18:32
we could actually uh reduce the deficit concretely one is we we've got a defense
00:18:37
budget uh you know to to to to Don's point about look it's a huge issue that we've got a defense budget that's a
00:18:43
trillion dollars now we've got the five Prime contractors that make tons of money I mean locky Martin has gotten
00:18:51
$1.7 trillion of cost overruns on the f-35s we've got to open that up have defense Innovation have new techn
00:18:58
techology companies bid on these projects so that we can reduce the costs so we can be more competitive the other
00:19:04
thing is AI Ro can I can I just double the the reason why we spend so much money is because we virtue signal let me
00:19:12
give you an example when you talk about a defense budget you're not looking for the cheapest fastest best solution the
00:19:20
government has defined all these idiotic boundary conditions so that people can feel like they're included in the
00:19:27
participation of making something and if you actually separated the cost from the
00:19:33
outcome you'd be able to get something that doesn't cost a trillion or two trillion dollars you'd go to companies
00:19:40
like andil and all of a sudden they would make the things we need to protect America at virtually no cost because
00:19:47
they find that making it is still very remunerative for them the problem is really in the government and how we
00:19:53
frame what the goals are so how do we how do we change the goals you're absolutely right Mike Rogers who a
00:19:59
republican from Alabama he's the chair of the house arm Services committee he and I and Adam Smith did a uh a a
00:20:06
bipartisan Hearing in Silicon Valley just a month ago about exactly this and the big feedback we said is we have to
00:20:12
have an outcomes oriented defense uh procurement system not where we specify everything and we've got to open it up
00:20:20
to more than the five primes and whether it's kamla Harris if she look she still
00:20:24
has a path for sweeping the rustbell states or whether it's president Trump uh I hope that they will help work with
00:20:31
the house armed services committee to reform the process to open it up for outcome based uh Solutions and to to
00:20:39
have some of these new defense tech companies have a fair shot at the contract bidding it's totally rigged
00:20:45
right now is it is it that or is it a philosophical decision that it's not about soccer medals and it's about the
00:20:53
best well I I I think it's partly have you ever I think it's actually worse than that yeah go let me just say this
00:20:59
have you ever wondered you get why like Silicon Valley when you're there is one of the richest places in the world I
00:21:05
mean it makes sense you've got Elon you got Nvidia Apple have you ever wondered when you go to Arlington like why is it
00:21:12
that everyone there lives in like1 million homes why is that the richest part NE next to Silicon Valley the
00:21:18
richest part of America it's because there's a system of Defense contractors and the five primes rig the system they
00:21:25
get the contracts you know they their cost overruns they make Congress look impotent we're like oh lo you know you
00:21:31
have you still haven't given us the f-35s you still haven't given us the the weapons that we promised Japan I mean
00:21:37
our ambassador in Japan Rah Emanuel is saying we still haven't been able to produce the weapons we're supposed to
00:21:42
get there and you know what Republicans are frustrated talk to Mike Rogers Democrats on the committee are
00:21:47
frustrated and I hope whoever the next president is can help us fix this you wanted to say something it's it's
00:21:55
actually bigger than just Congress it's also the generals you know one wants the
00:21:59
board seat at Ron you get that by spending money making them money my father you know I remember him talking a
00:22:04
lot when he was doing the Air Force One contract right it's 2747s and it was like a$6 billion doll contract I
00:22:10
understand uh it's fitted a little bit more but he's like it's got to have a four in front of it and they're like
00:22:14
okay I mean he saved a billion dollars like that he like well why didn't why didn't we do this before well no one's
00:22:20
ever asked us to cut anything you know when you have people that are bureaucrats they've never run a business
00:22:24
they've never negotiated anything they do that the generals have no incentive to save any money because again their
00:22:29
offramp is usually a board seat at one of these companies you got to get everyone else involved I mean you know
00:22:34
it literally took one phone call to save a billion dollars on a $6 billion doll contract not an insignificant percentage
00:22:40
but they were like yeah we can do that we can make that work the second he leaves office they were back to the old
00:22:45
number because they knew no one would actually think to ask and so we also have to be proactive about it understand
00:22:51
that all of the actors in This aren't necessarily functioning uh either honestly or don't have enough business
00:22:56
sense to even think about trying to save money because they've never had to they've never been held accountable for
00:23:00
that number uh and you know that was just one example of many that he uses just because so close to him being Air
00:23:05
Force One uh you know but this is across the board in all of these things we'll put a high number in
00:23:11
because no one's ever told us no exactly and and just to build on your point what
00:23:15
you find out when you deal with government is they have these yearly budgets and it's a use it or lose it
00:23:21
philosophy and so to your point when you start getting close to the end of the fiscal year and all of a sudden you have
00:23:26
these huge amounts of dollars that you're allowed to spend and in return companies will take you out they whine
00:23:33
you they dine you of course you want to allocate Capital to them there is no incentive to save money if instead you
00:23:40
sort of figured out a way to actually incentivize these bureaucrats to actually save money to your point you'd
00:23:46
probably cut the cost of Air Force One just in that example by more than 80% because it doesn't c as many of us know
00:23:52
in private Aviation you can build an incredible airplane for a lot less than $4 billion in airplane
00:23:59
SX we haven't heard from you so far what are your thoughts um so far on the election results and then the topic at
00:24:05
hand which is Doge and we're live here on the all-in podcast 35,000 people watching live I well I'm worried about
00:24:13
I'm worried about losing our connection here because it's unstable and and I need to get to the next place so let me
00:24:18
just thank uh Donald Trump Jr for appearing on our pod appreciate it and I and I wanted to say that I I think that
00:24:25
you know Dawn is is a tremendous asset to his father I don't think people know that or or give you enough appreciation
00:24:33
for that I appreciate that well I am not actually an agent of Russia at the air point of unity despite what was four
00:24:40
years I I've never said four years of hell so I I agree with you on the unity component uh but I do take that one a
00:24:47
little personally that's some of your colleagues that wasn't you you I think you're pretty reasonable on the subject
00:24:51
but I dealt with I was like I don't know there was an article in the Wall Street
00:24:55
Journal there was an article in the Wall Street Journal where you gave a a comment recently and it was fabulous
00:25:01
and I think that you uh like your father when people get to know you a very honest broker so thank you for what
00:25:08
you've been doing I appreciate it yeah and Don is right that he really does have his finger on the pulse he's been
00:25:15
out campaigning he does talk to people on the ground and it's not the old traditional let's call it Mitch
00:25:21
McConnell republicanism it's a true America First agenda and I actually think there's probably a lot of things
00:25:28
that you guys could maybe agree with r con because I think roow to your credit I think you you're one of my favorite
00:25:34
Democrats because you're motivated by the issues you believe in dialogue and you believe in discourse and free speech
00:25:41
and uh you're not a warmonger either so you and Don Jr I think could maybe agree
00:25:46
on that and maybe find some things to work together on so I appreciate that and and and I appreciate David you're
00:25:52
having that forum and you know I've been critical of a lot of the overseas uh military r that jie V and I went when
00:26:01
with Tim Ryan in Ohio with venture capitalist talking about what we could do in investing in Ohio so here's my
00:26:07
commitment obviously I'm still hoping that vice president Harris pulls it out but if uh it's president Trump I I am
00:26:13
going to say let's figure out how we work together to get things done people are sick and tired just just uh division
00:26:21
what a great here on uh tonight and we'll all uh I guess let's all have dinner and and start working on it thank
00:26:28
you so much roana thank you so much John J Saks we will see you from the next I'll call in from the next location
00:26:34
thank thanks guys really appreciate you being on the show all right here we go we have
00:26:39
35,000 people watching live and uh the surprise guests are going to keep coming everybody uh lots of high-profile people
00:26:47
coming on tonight and we are sitting here at uh 9:30 Texas time 10:30 in New York and obviously that means let go
00:26:58
that it's it's almost Trump o'clock here in California and it's almost Trump o'clock in California let go just take a
00:27:05
look at the polls here uh yeah New York Times is saying it is uh looking like the Electoral College will be 297 for
00:27:12
Trump 241 83% chance of a trump Victory uh Georgia very likely uh North Carolina
00:27:21
likely for Trump uh and then Virginia Pennsylvania's a toss up Wisconsin's a tossup so we uh there's still a chance
00:27:30
uh for comma fans out there but uh it is looking like the Red Wave is happening in real time here uh on the Allin
00:27:41
podcast the New York Times shows Trump 5148 uh okay that is going to end up being three electoral votes North
00:27:50
Carolina is a very likely Trump 76% chance to win that yep 5346 and uh Virginia very likely
00:28:02
Harris uh 49.3 49.1 I mean Georgia is the real surprise my my electoral team has Virginia leaning down but I I'm
00:28:10
going to refute that and see I have to go and go back Virginia right now is sh I have an electoral 74% in real time oh
00:28:18
are they absolutely and by is that your Soo or not excuse me how dare how dare you say
00:28:27
that my electral my electral team is not get over here Natt get in here uh Nat it's me she's got her curlers and she's
00:28:36
taking out her curlers you're so V Let's see the curlers now no just keep the curers V she's beautiful there's a
00:28:43
difference she's not vain she's stunning she made she made me walk here but I brought my wine in a thermos this is
00:28:49
2005 colan by the way it's Del are you at your office yeah yeah yeah he went to the office to tape he he's gotten that
00:28:55
with her um and through the updates here because we've got news coming in there's
00:29:01
a lot of news coming in um and let's get MTH so that M can uh I F now I just want
00:29:08
to we we'll bring you but yeah but we just have to give a slight disclaimer here there's no disclaimer four years
00:29:15
ago he was kicked off the show permanently we're giving him a second chance stop stop you did it not me what
00:29:21
are you telling me to stop we love hel hey Nick world's greatest poker player let's get Nick who was our 7:30 guest
00:29:29
can we get M please and uh Dean Phillips is joining us very sure oh Dean yeah we
00:29:33
got a whole lineup here I have a surprise guest that is gonna blow your mind I'm not gonna say who it is is your
00:29:39
surprise guest definitely joining us gentlemen I I have a surprise guest as well who do you have oh
00:29:48
no all right uh pruc Nick Jason we might know we we want to take a quick look at
00:29:53
the polym market odds if you know what I mean oh poly Market odds you know I have
00:29:58
a question for these gentlemen what do you think of uh poly Market I guess called the election here for months by
00:30:06
the way poly Market poly Market has been the funnest site to sweat these things I
00:30:12
think though that we need to launch a couple of our own polls on top of poly market now so
00:30:19
jcal uh we should launch something with poly Market we should figure out call them and figure out how to do it but we
00:30:26
should do we should do the two trillion yeah that was my the bet I was trying to
00:30:31
get people on the group chot to take would be so it's the the federal the feder the federal debt yes after the
00:30:39
next presidential cycle so four years from now what will the federal debt that's a great bet that's a great that's
00:30:46
the market and there and and we should put that you call them do you call them markets or bets it's a market sure it's
00:30:52
a market can TR okay let's trade that I want to trade the debt market number one
00:30:58
Federal Market okay what else is a great one to oh we should trade who is the what what what be a good one well if
00:31:07
Donald Trump and JD Vance wins we should TR we should have a market for who would
00:31:12
JD's VP pick be I think I have I want I want to do a short-term Market on who is
00:31:17
Secretary of Treasury Secretary of State oh those are great we might have some inside information wait you this is uh
00:31:25
something where we could Jason stop wait a second we might have the fix might be in nobody okay
00:31:34
who's uh who's joining us by the way Pennsylvania update 50.94 Trump 4813 Harris 56 and a half%
00:31:44
in that one is so tight are you guys watching this on uh on the TV as well uh I I'm not watching on the TV I'm
00:31:52
trying to moderate this we have uh our next guest is coming he appeared on the program when one of the few Democrats
00:31:59
who was brave enough to come on the all-in podcast in the election season where podcast obviously had a major role
00:32:08
that's not true we had two out of three presidential candidates mean he was he it's
00:32:15
it's he's an amazing human being I'm just saying we had both Dean Phillips and Bobby Kennedy as Democrats when they
00:32:24
were running was he an independent when he came on or was he trying to go Democrat he was a Democrat he was a
00:32:29
Democrat you're right so we had two of the democratic hopefuls on um and uh our next guest who will be joining us in a
00:32:35
moment is Dean Phillips he was on episode 154 uh just incredibly Brave if you remember chamath he came on the show and
00:32:44
he said listen what you're seeing with Biden called it he called he the first he was the first person to actually say
00:32:52
the quiet part out loud which which must have been very complicated for him in terms of
00:32:58
potential blowback but he did it that was very it was very brave because it was a profile encourage he was he was he
00:33:05
he stood out from the Democratic Party by saying I think that Joe Biden is not equipped to have another term as
00:33:12
president and the cognitive decline was obvious to so many internally it was uh obvious to so many people publicly and
00:33:20
he is and here he is our friend friend of the all-in dean Phillips how are you sir what's the acronym for what's the
00:33:26
acronym for that friend of the Pod you're a fotub friend of the Pod yeah fotub um how are you feeling right now
00:33:36
it's got to be in some ways um if Trump wins particularly brutal for you because
00:33:42
listen you didn't get a fair shake and when they did swap out um Biden they didn't even let you run and do a
00:33:50
speedrun primary and that to me um was the most infuriating part of all this I felt like you should have been given a
00:33:57
shot and they should have been a speedrun primary how are you feeling right now at this moment in time well
00:34:03
you know it's a combination first of all good to see you guys and and I want to say thank you by the way uh I can't tell
00:34:09
you how many people not just in the US but around the world said that they were introduced to me uh not from MSNBC or
00:34:17
any of the networks but by you guys and I just want to acknowledge that and let you know how meaningful um all of you
00:34:24
are to the country and to me with that said you can imagine I'm incred I'm incredulous JK I you know this was
00:34:31
predictable I don't think she's going to win tonight um this is what happens when
00:34:36
uh a country that is predicated on competition um goes with well in this case a party goes with selection instead
00:34:43
of election and I was simply calling for competition uh you guys know it very well uh people want winners they want
00:34:52
people to Duke it out they want people to win with ideas they want battle tested they don't like anointments they
00:34:57
don't like coronations I know that you know that the country knows that and I just can't believe that the party uh
00:35:05
that I've been uh loyal to and a member of and fought for uh would be so blind to reality and that's how I feel right
00:35:14
now in a way can you just can you just tell us how the an how the anointment happened what do you know about the
00:35:21
process after it was C Biden said he's dropping out how coordinated was the appointment of or the anoint
00:35:28
ofla Harris to the um the candidacy well first of all you guys know this you know
00:35:34
these are two private corporations I mean they are a duopoly but when you really get down to it it is a monopoly
00:35:40
because uh they do work together collude if you will to prevent competition and the real answer to your question you
00:35:47
guys is going to surprise you which is I don't know I don't know I don't think there are many Democrats that really
00:35:55
know same is true in the Republican Party party the truth is uh the officers of these parties are essentially
00:36:01
appointed by either the president or the uh former president in this case uh it's
00:36:07
very opaque uh it's very siloed and I'm on a mission after beginning tomorrow probably to start exposing how Congress
00:36:14
Works how our uh Public Square operates and to start shining some light on this nonsense you guys because it is Dean
00:36:22
would you would you like to be a part of Doge could you give some insight um and help the powers that be figure
00:36:30
out how to really um set things right well I would love to I will you know chath I I will
00:36:38
help any president any Administration I don't care about the politics care about
00:36:43
the principle of of helping this country you guys have been talking about our debt and the nonsensical elements uh the
00:36:49
lack of incentives to do the right thing the perverse incentives that we have uh
00:36:54
across our political spectrum of course I would love to help I'd be honor to help I think you guys would too in fact
00:37:00
one of the great tragedies in America right now are the best and the brightest are not electively running for office
00:37:05
because who wants to undergo this nonsense uh and we have devalued Public Service whether it's police officers or
00:37:12
teachers or public officials from City councils and school boards you know all the way to running for congress and you
00:37:19
know the old joke it's so true and the first day I sat in Congress in 2019 newly sworn in I'm sitting in the
00:37:26
chamber I'm looking up up at the ceiling I'm in awe thinking how did I get here and then a week later it's filled and
00:37:32
I'm looking around and I'm thinking how did they get here and that's the reality
00:37:36
Dean there of our Congress there there were some positive elements I think of Dei and
00:37:43
wokeism when it first emerged and then I think it went through this metamorphosis
00:37:50
yeah um do you think that to the extent Donald Trump wins Dei in wokeism was um there was a referendum on it and
00:38:01
if so um what do you think the American people are saying about this whole body of policies that have now infiltrated so
00:38:11
many parts of our Lives yes it's a good question and you guys know me I I feel so deeply uh that we are a country that
00:38:19
should ensure that opportunity is afforded to everybody I believe the way to do that is not to redistribute income
00:38:25
or just take care of certain groups but to raise the foundation for everybody uh
00:38:30
and yes I think it's becoming quite evident uh that this initiative uh though good intention um has uh
00:38:37
complicated matters certainly for Democrats has turned off a lot of Voters I think border security uh I think the
00:38:43
wars overseas um and I also think this this the simple notion uh of competition uh and a perception that
00:38:52
Democrats don't fundamentally uh believe in it which is integral uh to our country its foundation its history and
00:38:59
certainly its future so um you know the truth is every party when they lose they
00:39:03
do a deep dive and an assessment and uh certainly I think Democrats are going to
00:39:08
do it again whether anything will change probably not what should change if you could change three things in order for
00:39:14
the Democratic party what do they need to change because it is infuriating to me that Joe Rogan Elon Musk chth were
00:39:22
all Democrats were all donators and they were basically kicked out of the party sure and this is just infuriating to me
00:39:29
it feels like they just threw away the entire base of the party or half of it what needs to change what would you
00:39:36
change well first of all you know the five of us right now you know we come from backgrounds where if our primary
00:39:43
competitor was on the ropes had a plant shut down or had a recall or was struggling you know what would you try
00:39:50
to do you would try to use invitation to bring more customers on board not condemnation uh to make fun or belittle
00:39:58
your competitor uh that is essentially uh what a lot of those billion dollars by the way it will be about a billion
00:40:05
doll uh that the Democratic party will have spent in the last 90 days uh and lost market share by all you know it
00:40:12
looks pretty evident to me so bad strategy what has to change you know it's got to be professionalized you know
00:40:20
I believe in in building an Enterprise and a business the same way you'd build a party with a brand that means
00:40:25
something based on principles recruiting candidates that embody those principles
00:40:30
and at the end of the day you got to want to win it's not about who's next in line or whether they check the box or
00:40:36
whether they're you know they're the they satisfy the farle you know this should be about winning and I'm just
00:40:42
afraid my party has lost sight uh of that fundamental but de Dean be specific like do you think that it was because
00:40:50
again this is a bit of a premortem so it's a bit early but if it if it continues down this path is it is that
00:40:56
they started to cat to a minority of very loud but ultimately um people that were
00:41:05
just out of touch with the rest of America yeah no you know you know what I think Jam I think I think the real I'm
00:41:11
not I'm not going to lay this all at the feet of the the party if you will you know it's it's people who have
00:41:16
considered themselves Democrats uh for many for decades uh who don't vote in primaries who don't participate who
00:41:23
don't offer their own names as candidates so it's not so much that the party is catering to it's that the party
00:41:30
is increasingly represented by uh and I don't want to condemn look we live in America everybody has different opinions
00:41:36
perspectives and I respect those but there's no question the Democratic party um is increasingly represented an
00:41:43
elected office uh by people who are pretty far left of the mainstream uh the Republican party uh probably is actually
00:41:51
closer to the mainstream in America I do not believe Donald Trump is his character and otherwise we don't have to
00:41:57
get into it but I think that's the big problem the party is increasingly represented by who are quite different
00:42:04
hate capitalism and Entrepreneurship yeah to the extent they do that to me is um just so
00:42:13
anti-American and frustrating to actually be uh holding entrepreneurship Venture Capital Innovation and contempt
00:42:22
this seems like the stupidest strategy because Americans love new products and on it it's the foundation
00:42:30
ofn you know how I feel Ur you're an entrepreneur your father was an entrepreneur I mean this is yeah
00:42:37
so and to Chas to chastise people for Success Dean that is the thing that that irks me the most because it makes me say
00:42:44
if that's the beginning what's the end yeah by the way that's not a un that's not Universal of course many of us
00:42:51
Democrats believe deeply in free enterprise and Entrepreneurship I think the people about whom you're speaking
00:42:56
are those who feel they've not benefited from from that type of um capitalist structure it's unfair it's unfair right
00:43:03
and this is a this is a big kind of yeah Theory I've kind of felt about capitalism is if you haven't benefited
00:43:09
from the nonlinear returns of capitalism you feel the system is rigged whether you inherit wealth or whether you
00:43:16
haven't been able to accumulate it either case you feel like it's unfair and by the way the same and the same is
00:43:20
true now I would say the griev that's a grievance on the right there's there's also a grievance yes and you guys know
00:43:26
what that is too that's that's human nature I'm not surprised by that but you know this I like this conversation
00:43:30
because I think there can be some common ground there in that you know there's no
00:43:34
question I think we can make some minor modifications uh to our system of capitalism uh that might reward more
00:43:41
people provide more capital for those that wish to create businesses you know there's no I I'm deeply fearful uh about
00:43:48
the growing um disparities in income and wealth in this country and around the world a lot of democracies have failed
00:43:55
because of it uh I believe deeply in business business I mean I don't think many in my party recognize that those
00:44:00
who risk capital and shed Sweat and Tears uh to build businesses and pay people uh and um provide livelihoods you
00:44:09
know they should be rewarded but I also do understand why so many Americans who are busting their tails on the right and
00:44:15
left to put food on the table and they see the extraordinary extraordinary accumulation
00:44:21
of wealth in the hands of so few I understand that and it manifests itself a little bit differently on each side
00:44:27
explain explain it what what does it mean to that person for someone to accumulate that
00:44:34
much what does here's and this is why I said earlier I believe it's time to really work together to raise the
00:44:41
foundation it's one thing if you live in Sweden and there's a billionaire that lives next door to you you know it's not
00:44:47
as big of a deal because you have your health care covered you've got great schools right you you live in beautiful
00:44:53
communities that are well taken care of there's little crime there's no gun violence you know this is this is a very
00:44:58
different country you see your people are living next to people of extraordinary means they and they can
00:45:03
barely pay their own bills they can't access healthc care their schools are crumbling you know their Parks parks are
00:45:09
not well-kept and there's crime in their neighborhoods at least that's the perception that's really at to me that
00:45:15
is the singular issue and that's why we should focus Less on redistribution more
00:45:20
on raising the foundation and um I've changed some perspectives you guys on a couple things Healthcare in particular I
00:45:26
came in uh as a Believer uh in somewhat of the status quo maybe some type of a public option but I got to tell you
00:45:33
having traveled the world looked under the hood uh and seen how corrupt this system is both from the Pharma uh the
00:45:41
insurers uh tell tell us about that and what do you think about what um Bobby Kennedy has been promised under a trump
00:45:49
Administration and what do you think means yeah I spent some time with Bobby and we had some very thoughtful
00:45:54
conversations there are elements of what he shared with me I thought were perfectly reasonable you know some
00:45:59
things that I still do not um believe to be truthful but I understand why others
00:46:04
might feel differently um I'm as for what's been promised uh by Donald Trump you know I would prefer frankly to see
00:46:13
professionals health professionals uh lead our agencies that have organizational experience with
00:46:19
multi-billion dollar organizations that's the kind of per those are the kinds of people you guys I think we need
00:46:24
in cabinet positions who understand how to manage multi-billion dollar Enterprises uh so but I don't want to
00:46:30
get into personalities and that right now but I will tell you having seen how the Pharma companies um share cash in
00:46:37
Washington how they work against anything natural whether it's psilocybin cannabis other things where they can't
00:46:44
monetize those things that could be have great efficacy for so many U human challenges that disappoints me when I
00:46:51
see a business in my backyard United Health Group employs many of my own constituents one of largest in the world
00:46:58
taking 50 some billion dollars off the table that is paid into this Health Care system while people are literally unable
00:47:06
to take care of their medical bills are going bankrupt these things are Troublesome um maybe for another day but
00:47:12
they're very Troublesome what are you gonna do uh post all of this well I'm gonna I'm gonna wake up tomorrow morning
00:47:19
and the Sun is going to rise and people are going to be freaking out uh at least
00:47:24
half the country and I'm going to go mission to remind people that uh where the rubber really hits the road isn't
00:47:30
with Donald Trump or KLA Harris it's with all of us and to do my best to keep Building Bridges and to listen and learn
00:47:37
uh from Friends colleagues and others who see things differently and at the end of the day guys I'll take a little
00:47:43
break but I can't imagine not dedicating some of my Time treasure and energy to creating more competition for both
00:47:51
parties by recruiting great candidates and who knows uh we'll see what transpires but I I think there's going
00:47:57
to be another conversation for all of us to have because the status quo is untenable well de thanks for putting
00:48:03
yourself out there thanks for showing the leadership you showed um it took a lot of Courage and the bravery and the
00:48:10
courage to put yourself out there and say what so many knew to be true but weren't um as Brave as you were to say
00:48:17
it and clearly you were in the right so we really appreciate it and we look forward it was a true profile encourage
00:48:23
Dean in in in the most sincere way possible you the entire party system which is career
00:48:32
ending in that party and I just want to let people know you are a tremendous asset to the Democratic party and they
00:48:39
need to understand that individuals like you are rare and that they should covet
00:48:44
you and they should move you up in the organization lest you join the de the Republican party and this is what keeps
00:48:51
happening to these Dopey Democrats they keep losing super high quality people and uh I I could absolutely see you
00:48:58
going to the the Republican party now because why wouldn't you if the Democratic part is not going to listen
00:49:04
to your obviously Sound Advice go ahead shamat you want to have the final word I'm sorry no I just want to say that um
00:49:10
it's infuriating you told the truth um and it was obvious to all of us so I just want to say thank you for
00:49:19
telling the truth Jah thank you and and you for the kind words you guys I really
00:49:24
it's more meaningful than you can imagine I do not see uh what transpired as an end to my career I think actually
00:49:30
it's kind of a beginning and to all those watching and listening right now believe me if it doesn't kill you it
00:49:36
does make you stronger I do thousand times again we're throwing a party on December 7th come on out and hang out
00:49:41
with come out for the Christmas part part of the family come on stage come have a party
00:49:48
well I'll tell you what how about we how about if we P if we will you have another party if we actually pass a
00:49:54
budget before the end of the year yeah right and then then I'll bring the wine whatever you do just please don't let
00:50:01
them bankrupt the country man my lord well guys let let well I hope I hope you'll have me back and we can talk
00:50:06
about some of the nitty-gritty because I'm afraid no matter who wins thank you Dean we're going to go more trillions in
00:50:10
debt anyway peace guys and keep the Fai thank you all so much hey there's been a
00:50:15
there's been a bunch of comments uh on YouTube I just want to address them so my sweater is
00:50:22
$9,450 9,000 wow and and I'm drink 2005 colan 2005 and I our suits are worth less combined are
00:50:33
worth yes and I and well yeah I don't even want to tell you how little my just trolling I'm just trolling is that a
00:50:40
Joseph A banks just kidding shot Supply no I'm not I'm not that I'm not that fancy
00:50:47
Jason no okay all right well done Dean pH our our crack reporter from Wisconsin is here Philip how how are the exit
00:50:56
polls in Wisconsin where are you Phil I mean well I mean I'm right down the street from right down the street from
00:51:02
chath of course you know okay guys listen I I want to start with the three questions oh that are on everybody's
00:51:13
mind oh no okay Phil I'm gonna give you the three questions you can process them and
00:51:20
answer them in any which way you want question number one how do each of us play poker me jcal
00:51:29
free ber and Sachs okay that's one question question number two here we go who is the best poker player Oh
00:51:36
currently or over some period of time bro it does the answer is the same um and and number three the most important
00:51:46
question Phillip as a super close friend of ours what is the real deal about how
00:51:52
you feel about us who are we to you Philip Jerome hel go ahead take it well any you like there okay let me just say
00:52:03
the best poker player is definitely of the four of you is chamath and he's won the most money so that's kind of a
00:52:09
no-brainer uh now fredberg played a lot of Poker uh like he was literally playing at the California card clubs
00:52:16
like 20 years ago 15 years ago 10 years ago fantastic player hasn't been in the game as much as Jason shth and I but I'm
00:52:26
gonna still give number two to saxs saaks has this I only had I only had one losing year in 10 Phil come on I I
00:52:33
listen I give a lot of credit I I think you play really well um but we're coming
00:52:37
to David Sachs as the second best he's one more than you have and he's just like has a knack for the game he's like
00:52:43
you know he's like very good holding player yeah he kind of finds like he Mr Mago it a little bit you know he's about
00:52:49
to step off a cliff and the the ace comes and saves him and he's about to step off like he's out there Mr mooing
00:52:55
it but Sach is like and and and then you know I mean half the time Jason will call him out because he's on the phone
00:53:02
playing chess with Peter teal and Jess and Jason will be like sex you're with your friends pay attention to us I I
00:53:10
will say that jcal actually of all four of us has the best live reads I think J Cal has the best soul reads thank you he
00:53:17
makes the it's just so it's the worst calls because they're not solver approved but they tend to work so
00:53:23
they're very I do have the ability to read uh well but that's only because freeberg is always drunk and I think
00:53:31
that is it is true I like to when I go to chim's house I like to drink the wine it's super fun like it is such I'm not
00:53:37
there to make money let's be honest no no definitely not uh so Jason I'm gonna say you're very Plucky okay I'm going to
00:53:44
you now what does that mean Plucky if if you yeah Plucky is a good word Plucky is
00:53:48
like you know doesn't give up not afraid you know what I mean like stands up to the like to the heat of the of the
00:53:55
people playing against who stands up to the heat of bullies and anybody else okay so we're gonna say you're Plucky
00:54:01
Jason and determin courage in the face of difficulties I me I learned a new word on the live stream tonight you
00:54:08
didn't know it was a compliment you thought I came right out on the insult I I thought you made up a
00:54:13
word honest CL is a good word it's a great word yeah yeah it's a big compliment for you and I think the the
00:54:20
very simple thing about Jason is if you played 10% less hands then you would then you be all of a sudden be true
00:54:28
would move yourself up but you like to get involved with you like to call with the seven9 suited every time you have
00:54:33
them and stuff like that and that that's been costly for you and you could be a little bit more aggressive now I think
00:54:39
the fans are very interested in that but I also think they're interested in the last question what do I think because oh
00:54:45
here we go you guys haven't had a lot of close close friends on this podcast no ones that can speak to chim's generosity
00:54:53
chth is the one he's the glue that pulled us all together okay he's the best poker player too so
00:54:58
you look at it from one point of view that he just like wins all the time not lately by the way he's had he's had a
00:55:06
rough like three or four weeks Jason since you left but I will say this chamat is so generous this guy we go
00:55:11
over to his house he has the dealers he has the wine he has he has cutting me off she's here she's cutting me off she
00:55:18
says no more she just text send you're so drunk and there's a 35,000 people watching
00:55:27
please she said please stop drinking I said okay I finished the rest you are so drunk it's so
00:55:36
embarrassing for my family everybody in Italy is watching and you just keep drinking you are a arrogant and stupid
00:55:46
when you drink maybe you should have a spark maybe a pelino for you the podcast becomes better when shas's drinking so
00:55:55
that's that's to speak to just a just a quick election update so the the Republicans are now locked on 49
00:56:02
seats in the Senate wow they're leading in four of the five uh key races okay so
00:56:08
it seems like it's a pretty solid lock that the Republicans will end up with the Senate majority at this stage and uh
00:56:16
Trump uh they just uh Fox News is now putting him at 216 CNN's at 211 270 to go is it over I mean leading in
00:56:26
Wisconsin freedberg I'm going to say this it's 92% right now at % yeah 92% here it is poly Market 91. just so
00:56:38
everyone knows poly Market CEO Shane will be joining us in a few minutes you want you want to tell people um what my
00:56:45
pred oh if you're done answering the question you want to tell people what goad sorry I was just giving the quick
00:56:49
election update goad no no no I we need the elction for sure keep keep those coming but yeah I I think last time I
00:56:55
think the worst we saw saw was about 6 to one and so I think a lot of people I was watching podcast I was watching the
00:57:00
numers shift all day as people were betting and uh and very interesting to me it's a very like there's going to be
00:57:06
people that are going to make 20 30 hundred million dollars on the selection there's people that have used the ARB
00:57:12
which is 7% shth if you can believe that and eight% sometimes I mean betting on the Mark or or making bet 100 million
00:57:20
one way and then 100 million the other way on the sister site and pick up seven seven million
00:57:27
of course if you bet 100 million uh that would probably you're going to move the
00:57:31
market correct correct but there's a lot of money to be made arbing and then I think there's a lot of poker players
00:57:36
that made a lot of money uh last election this election not so much so the minute that I saw it hit 90% I was
00:57:42
like wow this just looks like a lock for Trump because we never did get to nine to one in the last election so it looks
00:57:47
really bad it looks like Trump's gonna win so Phil what do you think poly Market what do you think the the folks
00:57:52
that got on poly Market knew or saw is Shane really on yeah he's coming coming on harala Bob's also coming on yeah
00:58:00
don't too many of the guests here come on now story I this is important that I tell the story no but we have a
00:58:06
professional poker player coming Phil haralabob is coming so you might want to stick around because we're literally
00:58:11
having one of the great gamblers and poker players coming on Phil Jason just tries to hit me across the face it's
00:58:18
always a smack I me it's always my standard joke I'm like we're having a pro come to the game I don't want to do
00:58:23
all the talking but I just want to say that when when it comes to Shane I'll say that you know it's very interesting
00:58:28
he was 20 years old he came to my house during the pandemic second F here it goes well no I mean I thought it'd be
00:58:35
interesting since he's coming on tell the story came with Shane came up with the idea of starting poly Market because
00:58:41
of a bet that fredberg had with Diego and I'm not going to reveal the details they were just betting on which
00:58:48
direction the market would go and then Shane called me and he said oh I'm G to switch directions uh I think this is
00:58:54
amazing so it's it's it's true and now it's recorded here in history you know and then and then so I thought it was
00:59:00
very interesting so did you get did you collect did have two% did I have a role in poly markets pivot you did you had
00:59:07
you had a big role in it yeah it was a bet I told him about a bet that you had against Diego when he was out here
00:59:12
visiting me I brought him to M David Sachs I brought him to are you an adviser Phil did you get advisor this is
00:59:18
where I blew it J K all I did was send in my 30,000 and I would had 4% now I think they raised at 300 million so that
00:59:24
would have been 12 million um I would have preferred if Shane would have called me after he pivoted but uh
00:59:30
but well done to him and nothing but positivity would you wear a poly Market hat for 10 bips would you wear a poly
00:59:38
Market hat through the World Series of Poker for 10 bips I could negotiate it for you right now no Jason pen
00:59:44
Pennsylvania 51.1% Trump 47.9% Harris 71% of the votes are in Virginia Harris 499 Trump 483 North Carolina Ina Harris
00:59:56
48 Trump 51 that looks very close 86% of the votes in North Carolina and Georgia
01:00:04
looks really hard for Harris to catch up 48% Harris 51% that's impossible now 90%
01:00:09
of the votes in 93% I don't care what I don't care what counties haven't been counted it seems like he's on the lock
01:00:15
and uh at this point everyone New York Times has it at 92% poly markets 90 some odd percent seems like a lock right I
01:00:24
mean this seems to be sh did you see this coming did you see the election being settled by like 8:30 Jamal said
01:00:32
300 electoral votes that was his bad right I no but did you see it done by 8:30 um I did
01:00:40
not I am what do you think where do you think this is gonna end up it looks like
01:00:43
it could be 290 at this point Trum I predicted it on our stream the other day and that's the stream Where We All
01:00:52
Connect where we all this is the stream this is where basically Shane got the idea to start falling market and I I
01:00:58
predicted on the stream yesterday I said I think Trump is easy Duke a discretion
01:01:02
we don't want to get any don't disclose anything I think that I think that Trump's gonna win huge and and I was
01:01:07
wondering why to me the polls are so far do you think do you think that my um prediction earlier you think it's
01:01:15
going to be 300 or you think it's going to be a little less or you think it's going to be more I I think the math
01:01:20
right now yeah 29 the Electoral College estimate right now is 301 Jama 301 you might have nailed it that's the New York
01:01:29
Times too I mean Jam you and I were both on the same side of that one yesterday jamat you were at 300 right I
01:01:36
was at 300 yeah you may have just nailed it yeah so I'd ask you Jason I'll ask you a quick question here what what is
01:01:42
what is wrong with our polls because either either because like I think there are a lot of really smart people who saw
01:01:49
this coming but then maybe there you could argue they're real smart people on the other side but it seemed kind of
01:01:54
obvious to a lot of us how can the polls be so far off Phil did you see the Amish turnout
01:02:01
in Pennsylvania there were that was weird yeah there were miles and miles of Amish in their buggies all with their
01:02:07
Trump banners and their Trump Flags going to vote at the polls in the towns and you know when they interviewed and
01:02:13
they don't vote typically right this is they said they don't vote they said and they did an interview with a guy and he
01:02:17
said in the last four years the Democrats have come in and tried to disturb how we operate how we do
01:02:21
business they tried to shut down some Farm some farming practice that was going on at one of the Amish farms so
01:02:27
the Amish all got together and there were all these big Billboards in Pennsylvania and Dutch saying go vote
01:02:32
for Trump and they all get together and 100,000 of them take their buggies and they went to vote and they're not
01:02:37
showing up in any pollster reports the pollsters aren't calling those guys and saying because they don't have phones
01:02:42
they can't answer the phone like there's a lot that's and I think a lot of people
01:02:45
didn't want to kind of talk about their votes for Trump um in other parts it's pretty clear they there are issues fell
01:02:52
around getting in touch with people to ask them because people don't have landlines and if you have a landline do
01:02:59
you really count and then um young people what I'm most interested to see is did young men come out and vote and
01:03:07
to what percentage uh because there I saw some stunning numbers under under I saw some stunning numbers from one state
01:03:14
where it said that and unfortunately I don't know the state but it said it said that more men under the age of 30 voted
01:03:20
for Trump and I I wonder if that's the Elon effect you know it was very clever what
01:03:27
he did with the um I think it's Elon effect yeah yeah it could be that Elon swung the election absolutely I mean
01:03:33
young men don't vote but young men love Elon and they love Innovation and they love
01:03:39
entrepreneurship it kind of makes Elon did you turn out to vote for Trump well I mean I I didn't share my vote but I
01:03:46
did tell you I wasn't gonna vote for kamla so I'll leave it at that um so wait minut wait a minute that's new news
01:03:52
so you you did vote we can confirm that I am not going to tell anybody what my vote was I'm not going to play this game
01:04:00
no no but you can confirm that you did vote and you did not vote for ask him if he voted in the presidential race
01:04:06
because it's easy to say you voted yeah did you vote in the presidential I will not reveal because it's too divisive uh
01:04:12
right now because you did not vote for the because you didn't vote for either candidate but you did vote for some
01:04:17
other like stuff in Austin uh I'm I'm going to I'm not going to tell anybody what I who I voted for
01:04:25
leave it out uh did you vot did you vot you skipped wait a minute Jason you skipped a once in a generation lifetime
01:04:33
opportunity to defend Free Speech uh I'm not going to share my vote I'm G to keep
01:04:38
it private what I'm asking you is did you vote for in the presidential election in 2024 I I'm gonna say I voted
01:04:45
for Marian Williamson that's it I voted for the I'm not telling you anything about my vote or if I voted I'm not
01:04:53
going to let you that's my question voted you said you voted now right away iau on to your game you didn't actually
01:05:00
vote in the presidential election so you're that my friends will bring out Trump's better angels and I am rooting
01:05:09
for him as president like I did last time so uh let's welcome our next guest Nick who do we have up next on is I
01:05:18
think Coon's joining is crashing we're going to have a professional poker player waiting room yet I will let you
01:05:23
know where is you're telling us we're going to have Pro who's won that's like the number one poker player in the
01:05:29
honestly Phil Jason in terms of greatest poker player alive right now or you stop stop Jason Jason Coon's a
01:05:42
fantastic poker player fantastic as is Adrien Matos these guys are just really good they play no limit hold them only
01:05:49
basically yeah um but there's a real there's a real there's a real series of tournaments that like you know I mean
01:05:59
these are these are two of the greatest poker players in the world 100% and no limit hold a hardest game and that's
01:06:04
what they play I give them I give them all credit I'm not there's nothing there's nothing don't read anything uh
01:06:10
there's no slights Phil I love you we love you Phil and we appreciate you coming back on the Pod uh and hey Phil
01:06:17
can you tell everyone about what outfit you're wearing tonight is it something that we bought you for your birthday
01:06:21
because we all spent a ton of money buying you an entirely new Ward which went right in the garden God every time
01:06:27
worn any of it you're wearing you're wearing the same tracksuit you've been wearing for 20 years so unbelievable you
01:06:31
guys spent $100,000 buying me clothing for my birthday in May and I have this old Arya
01:06:37
t-shirt on right now it's embarrassing but I did Jason is here we have an actual professional poker player here to
01:06:47
handicap it is it any way Jason that Phil helmuth can take a selfie with you here on the live stream would that be
01:06:54
okay he's always wanted to get a picture with a pro as long as I can stand on a stool if I'm standing beside
01:07:01
him uh welcome to the program Jason a friend of uh the Pod a friend of uh one of our besties what's your take on
01:07:10
what we saw with poly Market the prediction markets and what we're seeing right now Jason just in terms of
01:07:15
handicapping and what are the sharps and you know because I I do know a lot of people in the community uh who like to
01:07:21
wager were getting involved in this what can you tell us about uh the poker community and and just gambling RIT
01:07:28
large in this election cycle well I don't have much to offer other than a couple of the um one guy who just never
01:07:37
seems to be wrong uh who's been in my circle for a long time made an enormous wager on Trump um three or four days ago
01:07:45
how and enormous as in seven eight or nine figures um I think low eight maybe yeah um
01:07:56
yeah I mean just just just these guys are unbelievable and and I don't know the sentiment this morning was kind of
01:08:03
it was feeling like everything was shifting towards Cala and then just out of nowh closing the Gap yeah yeah this
01:08:10
Iowa survey as well Jason uh tell us um Helm youth's best characteristics for the poker
01:08:21
Kingdom oh man delicate no I love talking about Phil honestly um no I you know we all love him like I
01:08:31
said I I always and and I I I I had the most endearing experience with him the first time I ever met him in 2008 we
01:08:39
played together and I was obviously like I was taking pictures with him I was so
01:08:43
excited you know I was like a 23 year old kid and uh he played great we both bagged up chips and the next day I saw
01:08:50
him at the Rio and um he said Hey kid and I was like man this is so cool Phil homie saying hi to to me and he walked
01:08:56
up to me like tapped me on the shoulder he's like I think you learned a lot playing with me
01:09:00
yesterday U which which I always loved and I may have I may have he might have just been right so great no he might
01:09:07
have just been right um you're the you're the fifth Mo fourth most winningest poker player in in history 60
01:09:15
odd million bucks or something um and Phil mentioned another player that's up there with you and him this guy um who I
01:09:23
love who I think is a wonderful I've only interacted with a little bit but Adrien
01:09:28
Matos uh I mean is this guy the Tiger Woods right now of Poker well he's just poker's one of those things where you
01:09:36
can judge Greatness by there are a lot of metrics and I think people are really quick to jump on bandwagons of players
01:09:44
who have like run really hot for a year or two and they make they play an exciting kind of tough version of Poker
01:09:50
where people see them make like ridiculous plays that go that work and people all of a sudden decide that this
01:09:55
person's the greatest player in the world and then you'll see a lot of those types of talents like fizzle out over
01:10:01
time but Matos is one of those guys who I I've seen him since he was a baby it feels like he's been around forever and
01:10:07
and he's still really young but he's been winning at high stakes for over a decade and he just absolutely loves the
01:10:14
game he has like a just a burning desire in his heart to compete and he's one of
01:10:19
those guys you could give him a billion dollars and I'm sure he would still just
01:10:21
show up and grind like a 5k tournament um and I think the other guy that's younger and you know in this generation
01:10:29
that's similar to that is chidwick I think the British Stephen chidwick is he just loves to play the game so I think
01:10:36
Matos and him both have like the Acumen and the the longevity of their careers but they they they just want to play
01:10:43
They Don't Really Care why where they're at they just want to compete and they want to play against the best players
01:10:48
and I have a ton of respect for that and back to the helth question is I think that that's one of the reasons that you
01:10:54
know I know everybody loves picking on Phil but the guy is like he literally won the main event whenever I was three
01:11:00
years old and he's still just showing up and smashing people and and you know it's like I get it like he's very he has
01:11:09
a good sense of humor and you guys like poking at him but honestly he's earned his stripes and and I think that guys
01:11:14
like uh helmuth and and cidel and granu I'll tell you so much respect for those guys I've told you this this story
01:11:24
before Jason but um for for the rest of the internet hel youth called me must have been 15 years ago and he
01:11:32
said um hey you want to figure out a deal where you know we'll play you know I'll play a bunch of tournaments we'll
01:11:40
share the upside blah blah blah St I stake me and I said uh yeah sure I didn't even know what that
01:11:49
meant um and he's like ah you know don't worry at the most you know you're exposed
01:11:56
75 or 80k I thought okay yeah I'm heading on um so I did the deal I never even wired Helm youth the
01:12:06
money he won three million straight I've never I've never had a run in in my life it had nothing to do with
01:12:15
my own play it was justum and the crazy thing was hel youth could he was one he was One Call Away
01:12:23
from beating Brian Rass in the 50k people players and it was just so uh heartbreaking um but it's been an
01:12:32
incredible ride and hel if you've been you've been a joy to let me come back to you chth on that so chim's so classy
01:12:38
right so guys listen yeah he never had to put any money up um luckily because I just started winning right away and so
01:12:44
now the last tournament I cash for like 1.1 million and I go to give him as whatever 50% of of all the money that
01:12:51
we've won that like month or two and he says to me he says Phil whatever you made me I'm just going to
01:12:59
give it to you in my fund you worked for me now I'm going to work for you so I LP
01:13:06
yum yum I handed him like 350 400 whatever it is and he right away there was paperwork and I owned a piece of the
01:13:15
fund in that fund was slack yum yum and then eventually Bitcoin so chim's generosity like really
01:13:24
didn't owe me anything and just said Phil here's a pure gift and you know I mean I just it was just that was a
01:13:30
stunning moment for me let me ask a question so much class guys we got we've got Shane from poar one second Shane
01:13:37
we'll get you in here but it's a very important question okay which group of individuals are more annoying to a
01:13:45
steady guy like you these European guys who take like 18 minutes to make a bet and they pick up their chips like robots
01:13:55
or Phil helm youth like when he throws some you know the radio pack at the table which is more for a guy like you
01:14:03
who's like a steady James Bond kind of guy I I love it when hel youth rages it's I love it it makes me I appreciate
01:14:11
it so much and people that don't like when these guys go off I think they're a little soft I enjoy it the or not in
01:14:19
your estimation is Phil putting on a show because he's a showman or is it real this is what everybody wants to know I
01:14:28
think it's as real as it gets I think sometimes he's very smart he he's very smart and he can play to you know he'll
01:14:34
feel something and and and act but then he'll realize that people think it's hilarious and he he'll put a little
01:14:40
extra Pizzazz on there but I think it's as real as it gets all right all right there's been a lot of Poker talk we got
01:14:45
to get back to the election but Shane what the numbers are at Poly market right now all right Shane cand is here
01:14:50
he's the founder of poly Market tell us what's going on on your side Shane oh my
01:14:54
God is it how liquid is it chain is there a lot of trading happening yeah I mean I mean today I think a couple
01:15:02
hundred million dollars um which is you know a lot by I guess when you think about leverage assets it doesn't seem
01:15:08
like a lot but for for prediction markets it's it's probably an all-time high I guess in history and it's at yeah
01:15:15
94% for Trump and thanks for having me on show Shane can you explain to us um when does it diverge from just betting
01:15:26
towards this is like very accurate Bottoms Up where like the sharps are arbing and coming to your site because
01:15:33
it just makes how I think the yeah the important thing is to just Define what an ARB is right like an Arbitrage is if
01:15:40
there's multiple different markets and you can buy two sides of the same position
01:15:45
risk-free and ARB is not you think or some other person says that the value of of something the true value is higher
01:15:54
than what the market is because then you know if someone's saying that why are they not buying it up if they think that
01:16:00
it's a it's a value bet so to speak so the thing about poly Market is that it's like it's Theo in terms of global market
01:16:07
share it's like 90 something percent of the global market so very rarely is there
01:16:13
another more liquid venue for people to are poly Market with um when when there is obviously people go and and they look
01:16:21
at they look at Price Discovery venues external multiply Market um you had a lot of stuff uh recently in
01:16:29
the Press there was like this big French whale on the site he doesn't look so stupid now does he yeah and and do do
01:16:36
did you ever like do you guys talk to them are you allowed to talk to these folks that are that are out there um do
01:16:41
you do you know anything more about this person I mean for him we we like went through a compliance process because he
01:16:47
was a big Trader we kyc him and and such and you know while the media was running
01:16:51
with this story and they spun it so many different ways was just some like really wealthy ex Finance french guy
01:16:58
um and you know it's it's really it's it's difficult to take a face value any of the media narratives right where it's
01:17:05
like uh you know they try and paint him as kind of having this like fundamental misunderstanding of how polls work but
01:17:13
he's saying that he has different different theories of thinking about it but you got to commend him for putting
01:17:19
his money where his mouth is the the thing that irks me the most about uh maybe like the hundreds of pieces where
01:17:25
they were trying to kind of discredit the accuracy of the free market because someone made a big trade is that poly
01:17:31
Market is peer-to-peer we're not the house so to speak right like we're a venue and on the other side of every
01:17:38
Trump trade you know when he's when he's getting Trump exposure is someone taking
01:17:42
Comm exposure it's someone on the other side so um the idea that someone is putting a lot of money on Trump and
01:17:49
therefore it's skewing the odds I think it stems from like a fundamental misunderstanding of what ply Market is
01:17:54
where people assume it's the percentage of bets or it's the percentage of capital on each outcome when in reality
01:18:01
what it is is it's market price at that moment for the outcome shares of kamla or Trump or or or yes or no and the
01:18:10
interesting thing is when each outcome share pays out $1 uh the value of the outcome share is
01:18:16
basically derived from the probability of the outcome so whatever market price is if you really have a liquid Market
01:18:22
with you know desparate group of Market participants which is sort of what we have the the most of of anything that
01:18:29
exists today uh you get price Discovery where the anecdotal benefit but for me what
01:18:35
was always the most exciting thing was that anyone as an onlooker could just go and look at the prices and see how it
01:18:39
changes over time and while that's like a lot of gnarly nerdy Market stuff what we saw and what we've see now as we're
01:18:48
kind of you know something that's entered the zeist uh is that it's really intuitive
01:18:54
and digestible for people to see oh it's 94% likely and like it this is how it trended over time and this is how it
01:19:00
responded to to new information so in a in a weird way we always were looking at
01:19:05
what we were building as like an alternative news source and that's why I always called it an information markets
01:19:09
platform uh and it in some funny way it feels like a lot of that is is coming to
01:19:14
fruition today of all days where there was a lot of I would just say like uh criticism in the press a lot of memes
01:19:24
that were about discrediting the accuracy of the free market um because there it's based in stable coins so they
01:19:32
say it's crypto and they say that it's a French whale who's going and putting too
01:19:36
much money um but like those are all characteristics of of a free market right it's still denominated in in in
01:19:44
usdc um so that people can understand the value uh and tell us about the swing States I mean I think that is super
01:19:51
interesting people are watching them right now and you know how those markets emerge and how much liquidity they have
01:19:58
in them I guess that you're learning as well right um how many markets you can put into one betting category like the
01:20:06
election here well at the end of the day any outcome you know you're gonna have an order book and you're gonna have
01:20:12
outcome shares so the market structure is basically one siiz fits-all as it currently stands and what I think
01:20:20
is exciting is like in the other room Everyone's Watching like NFL Red Zone but for news
01:20:26
and and it like they're still telling people it's like neck and neck and it's a tossup and it could go either way and
01:20:32
it's super close and the markets tell an entirely different story it's very difficult if you don't
01:20:39
understand politics like me and a lot of other people I'm not a political scientist to go in basically get dangled
01:20:46
along and and get told one thing or another thing and and fall into an entertainment trap whereas what the
01:20:55
Market's doing is there's tons of people who with varying levels of conviction are going in trading based on how
01:21:00
they're parsing uh the information that's coming out and what's cool about that is uh you know they're basically
01:21:10
filtering for what's necessary and they're answering the question that's most important to people which is what's
01:21:14
likely to happen is Michigan going to go for comma right like and uh you're able
01:21:20
to go and look at it in real time and look at it in this graph and that's just a better way to to understand what's
01:21:26
likely to happen in the future then one just seeing them count votes and it being murky of which town which area
01:21:33
code is coming in first and the second thing is like these pollsters where it's like you have to trust how good they are
01:21:39
and then they give you this roundabout answer for what their odds are umane Shane let me just ask you a question
01:21:46
about that exactly because I'm trying to get to the bottom of that why are the pollers off there's no one on the planet
01:21:51
who's on this more than you right now you're on The Cutting Edge you're running site that does exactly this do
01:21:56
you have any insight for us we all want to know why question is why would a poer
01:22:02
be right why would a pollster be right it's just some person trying to go and buy
01:22:08
for attention and they have no skin in the game they have no consequence for being
01:22:13
wrong and people now are telling me like well you know this pollster is saying this percentage right now but poly
01:22:19
Market saying 80 something and it's like the reality is after today if things continue to to Trend in the direction
01:22:26
that they're trending like the idea of trusting an individual poller and taking their word for it is now an equated
01:22:33
technology like ply Market has arrived it has proven itself to be a 10x plus Improvement and the innovator's Dilemma
01:22:41
will inevitably run its course cool what are your thoughts on these prediction markets and how they're
01:22:48
operating now and the impact they might have on society and and how we look at assessing risk and and understanding the
01:22:55
world better I mean it's just very obvious people are putting their money where their mouth is that's that's
01:23:00
always where the data that's always where if I if I'm betting if I'm taking information I'm I'm gonna bet on the the
01:23:08
people that are actually like he said have skin in the game by the way Trump just won North Carolina and he's
01:23:14
apparently minus 450 to win the popular vote yeah North this is what I'll say is
01:23:19
yeah how's that even possible CNN CNN has CNN has not called so they're at 50.6% Trump with 87% of the vote in this
01:23:28
is like I think worth noting KLA Harris 47.9% you go over to Fox News we're looking at all these different
01:23:36
percentage amount of votes what do we want to know we want to know who's going to win which state we want to know who's
01:23:40
going to win the election who's going to win the electoral college for the sake of it go look at the CNN and fox Maps
01:23:46
and look at the poly Market map right now go to ply Market are you serious Shane that CNN's that far off Shane and
01:23:52
Fred far off it's a different data source it's saying the percentage of votes and
01:23:58
what what we're showing is the percentage likelihood Trump is Almost Up by 200,000 votes in Pennsylvania with s
01:24:04
the number of votes doesn't matter you just want to know who's going to win you don't you know you don't understand the
01:24:08
methodology of how they're counting so all I'll say is this this will be imprinted on the internet forever look
01:24:14
at the CNN map where we are it's 11:29 pm. hey guys I got a break in here I have former Speaker of the House nuke
01:24:21
engr with us oh great breaking in here we go hey new uh what's your assessment uh Mr gangri of um what's happened
01:24:31
tonight and what should the American people take from what looks like it's going to be a resounding victory for
01:24:37
Trump start of the evening Moder optimistic about a half hour ago uh I decided I was optimistic as I
01:24:48
watched various numbers he began to develop state by state um I think this will be seen in the long
01:24:57
run as one of the great historic turning points in American history uh and I really
01:25:07
feel sort of like being in the middle of a historic moment it's um it's hard to explain I've been involved in government
01:25:19
and politics since August of 1958 and even with Reagan or our contract with America um I don't think I
01:25:30
ever had a feeling like you know this guy's campaigned for nine years The Establishment from day one has done
01:25:42
everything they could to destroy him and he survived not because of him I think this is the greatest misunderstanding of
01:25:51
the news media he survived because over half the American people refused to let him go
01:26:00
down and so whatever was done to him uh millions of Americans said we're with you and I think he has become literally
01:26:11
in a league that you know you could take Washington and Jefferson and Andrew Jackson Lincoln maybe FDR very few
01:26:21
people in the history of America have come to personify for tens of millions of people
01:26:31
a movement they believe in much more than this is not about Trump this is about this is where his genius and
01:26:37
coming up with magga he didn't come up with make you know vote for Trump he came up with make America great again
01:26:44
well that is pretty astonishing new what do you think it means um there's a there's a reasonable chance that
01:26:51
President Trump wins the popular vote I'm sorry what there's there's a decent chance that President Trump could win
01:26:58
the popular vote as well as the presidency not just the electoral college but the popular I first of all I
01:27:03
think if he does win the popular vote it will be an enormous increase in his psychological ability to lead the
01:27:14
country second I'd point out to everybody that the places where the Democrats run up their huge majorities
01:27:22
California Illinois New York are places where frankly we don't spend any any money competing uh
01:27:30
if we if we were to actually put real resources into those three states Trump would be virtually guaranteed to win the
01:27:38
popular vote and I think tonight just looking at what I've seen so far there's a pretty good chance he's
01:27:45
going to win the popular vote if that happens then he has the same moral Authority that Ronald Reagan had in 1981
01:27:55
when he won the largest um Electoral College vote against an incumbent president in American history
01:28:06
you you've talked a lot about you've been in government for a very long time um can you please give us your
01:28:12
interpretation of what it means to tear down the Deep State and the administrative State and what Donald
01:28:18
Trump wants to do and whether there's going to be a good outcome there at the end of that
01:28:24
sure um I mean the most simple way to say it is that there are uh millions of bureaucrats lobbyists
01:28:37
reporters academics who collectively believe uh and and U the truth is that uh Scott rasmason has done brilliant
01:28:47
work on this in a series of things called 1% where he talks about the values of the people who think of
01:28:54
themselves as the top 1% and these people believe that they have the legitimate right to impose on
01:29:04
the rest of us whatever they believe this week or next week or last week uh that
01:29:14
extraordinary uh arrogant belief I'll tell you my favorite current story is the guy who had a squirrel and
01:29:23
a raccoon in New York State and suddenly had I think it was seven Law Enforcement Officers attack
01:29:32
his house as though he were a drug cartel dealer seize his two animals and then kill them now I would ask
01:29:42
you how sick does a system have to be to send seven people out to kill a squirrel I know that may sound silly at
01:29:52
one level but I thought it was simp symbolically the perfect example of how SE systems become it's so true it's so
01:30:01
true all right with us uh as well uh with new genrich is Steve Bannon the architect of the magga movement welcome
01:30:09
to the program Steve Bannon can you hear us thanks uh thanks guys for having me appreciate
01:30:15
it what is your this off can we kick this off um we had we had a similar framing for folks which I think it would
01:30:22
be great for you because as Jason said you were the architect of a lot of this in 2016 but what do you think if you had
01:30:31
to summarize was the ideology not the party the ideology that was on referendum today the IDE ideology is you've got to
01:30:44
put the American people in particularly working class and lower middle class people first this is just not an America
01:30:50
first movement this is American citizens first and I think the uh pattern recognition that's most important is
01:30:57
Hispanic families and Hispanic men and particularly African-American men uh in places like Philadelphia and Detroit I
01:31:04
mean 25 looks like 25% of African-American men uh could vote for president Trump more importantly I think
01:31:11
a majority of of eligible voters that are black are not going to vote for KLA Harris they're Fed Up th this is a
01:31:20
transformational night I mean look we've David Sachs you know Elon Musk Robert F
01:31:25
Kennedy Jr Tulsi gabard uh Tucker Carlson Megan Kelly Danica Patrick uh uh Nicole Shanahan you've had these group
01:31:35
of people come together that that represent a new voice in America but most importantly tonight it's the
01:31:42
working class of the country has spoken the you got to remember this Grassroots effort we've gone through the last
01:31:48
couple of years to change the architecture of the Republican Party by registrations was all done by trap and
01:31:54
then at the end the the get out the vote effort the Trump campaign didn't even have the money this was Elon Musk it was
01:32:00
Miriam adelon it was others but that all depended upon a massive Grassroots turnout to support that get out the vote
01:32:07
movement then the election integrity was also all workingclass people that came up through the precinct strategy so for
01:32:13
the last four years when President Trump was basically turned out by the political class including the Republican
01:32:20
party and Republican establishment we've rebuilt uh a populist nationalist uh really party here uh that went that in
01:32:30
Victory tonight and so it's pretty extraordinary we're going to add seats to the Senate and take the Senate I
01:32:35
think we'll add a couple of seats to the house president Trump will be in the white house obviously the big fight's
01:32:41
going to start but if you look at MSNBC and CNN all they're talking about is the
01:32:45
Electoral College they're talking about all the they're whining about all these structural issues and not getting to the
01:32:51
point that they have failed to address workingclass people's concern that economic opportunities are are going
01:32:58
away that the schools are worse the country's worse and quite frankly with these forever Wars throughout the world
01:33:05
their sons and daughters are still serving so their answer to that was maybe painted with the brush of Dei and
01:33:12
wokeism what does it mean about those things and were there any parts of that that made
01:33:20
sense I think the Dei yeah listen to have more participation in our society particularly by working class I think is
01:33:28
a great thing Dei was another top down uh from kind of the uh uh you know the uh the the intellectual Elite or the
01:33:36
credential class kind of jammed down into people not just not just the white working class but the Hispanic and black
01:33:42
working class rejected it out of hand also particularly men who they kind of condemn as part of the patriarchy right
01:33:48
the handmaid's tal so yes the the the cultural aspects of this I think we're kind of beneath it but I strongly
01:33:55
believe it is the it is the economic that really is the most important remember the the invasion of the 10 or
01:34:02
15 million that were invited in by Harris and Biden were really to kind of drive down uh wage inflation uh in in
01:34:10
unskilled workers and if you talk if you in those communities I had the opportunity my four months in federal
01:34:16
prison uh to spend a lot of time as a teacher and kind of listening to Young African-American and Hispanic nonviolent
01:34:24
uh drug dealers talk about their communities talk about their families talk about the lack of opportunity the
01:34:29
thing that drove them to sell drugs and and these guys are very smart and they detest KLA Harris because they think
01:34:36
she's in back of mass incarceration and she will not Deport these criminal so the cultural aspects had a I think had a
01:34:43
lot to do with this particularly the men saying hey uh we we not along with this
01:34:48
di but I think the the more important are the economic issues and those are the issues I think are going to be the
01:34:54
most important for us to address when we hit the debt ceiling in early January when we the re when the tax cuts revert
01:35:01
and also we have to deal with this budget when the government runs out of money president Trump and his Finance
01:35:06
team have have a a huge order to kind of uh to kind of match in January February
01:35:12
March of next year do you worry at all about what the Deep State or the administrative does to try to push back
01:35:20
between now and Jan 20th or even Beyond and do you have any advice for the incoming Administration on what to
01:35:29
do I think you have to be absolutely Relentless look I think the the look I come out of the military as a naval
01:35:34
officer for eight years serve four years at se and four years in the Pentagon as
01:35:38
the aid to the chief of Naval operations so and my daughter went to West Point so
01:35:42
it's not like I'm kind of shrinking violet but this the military-industrial intelligence legal law enforcement
01:35:49
complex is out of control uh it has to be deconstructed president Trump's going going to need some very tough people in
01:35:55
doj very tough people to really work through what's going on with the FBI the CIA he's got to hit it he's got to hit
01:36:03
deck play run and it has to be done uh it has to be done in front of the American people you can't adjudicate
01:36:09
this you can't start to deconstruct the the more radical Rogue element of the administrative State unless I think you
01:36:16
have full transparency the American people have to know what you're doing they have to see what went on I think
01:36:21
there have to be major investigations but they're definitely going to try to do so I don't think there's any doubt
01:36:26
about it look what they've tried to do to president Trump to date remember president Trump still goes for um for
01:36:33
his sentencing on the 26th of November just three weeks uh from today and uh mine there no doubt to me mine's going
01:36:41
to give him a prison sentence so we still got a lot uh you know we got a lot uh to get over but yes I think the
01:36:48
administrative State's Rogue element the Deep state will be all over trying to thwart president Trump ending the
01:36:54
American Empire and getting back to America First what are your thoughts Steve on
01:37:01
who Trump should surround himself with if he does win tonight which is obviously looking like he's going to who
01:37:07
should He surround himself with because the group of people he surrounded himself with the first time um seem to
01:37:13
have all thrown him under the bus said he's you know an authoritarian he cannot be trusted his instincts are terrible
01:37:20
you know it it's one of these things where when we're watching ing this we're wondering who's correct you tell us you
01:37:26
you're the person who was there he you have had a an on and off again relationship with Trump what is your
01:37:32
relationship with him now and how should Trump build his cabinet and the group around him for this Trump 2.0
01:37:41
term I have the an excellent relationship with him because I think I'm the only major person that really
01:37:47
had is back from you know the the Boston Herald has a story from 15 February of n
01:37:52
of 2021 after he' been in marago where I laid out the entire strategy of his comeback to win the nomination for the
01:38:00
Republican party and then win the White House our our show has been the the the ball workk of President Trump and the
01:38:06
fighter for him not just in the stolen 2020 election which was stolen but but going forward uh and I think he knows
01:38:12
that we're totally sympatico when it comes to policies look it it to me it's very straightforward you have to adopt
01:38:19
uh General Sherman's to come to Sherman's A Simple Plan aggressively EX uted I think he needs to get a handful
01:38:25
of people around him particularly White House counsel Chief of Staff uh who he's
01:38:30
going to put in doj uh the National Security advisor NEC in the White House and really have a plan to attack our
01:38:38
financial and economic problems which I think have to be addressed first because
01:38:42
I think the spending the debt uh how the debts being financed shortterm is a ticking Time Bomb national security
01:38:49
problem that has not been addressed it was not debated in this campaign that has to be addressed along with the
01:38:56
deportations and then to really start to think about these Global Wars and what we're going to do to really solve the
01:39:03
problem with the Chinese Communist party which to me is the rail head of all of it that's going to take a a a core team
01:39:09
that believes in in these vert in these verticals that believe President Trump's
01:39:13
president Trump's kind of core beliefs that's what he needs and and you believe he should start deporting millions of
01:39:19
illegal immigrants that that is something you're in favor of yeah all 15 million I'm out a start you can
01:39:29
start with quote unquote the insane the sane asylums you can start you can start
01:39:34
with the you can start with the criminals you can do all that but eventually because here's the thing you
01:39:40
either have a country or don't this is crushing opportunities for African-American and Hispanic men this
01:39:46
is what that vote was about these people understand their communities are being destroyed by the look the Federal
01:39:51
Reserve and the treasury were upfront that they wanted to take down wage inflation and they were going to go to
01:39:57
the uh to the unskilled labors to do it and they bragged about it they brag about it all the time and now the
01:40:02
Congressional budget office is telling us that if you Deport them you're going to knock off 1% of GDP well I don't care
01:40:08
about knocking off 1% of GDP these people are taking opportunities from American citizens and we have to start
01:40:15
putting American citizens first and if you show the black community and if you show the Hispanic citizens in this
01:40:20
country that we got their back and we're not going to let a new group of 15 10 to
01:40:25
15 million people come in the country and really get preferred a preferred uh services to them if you can show those
01:40:32
people they will be they will have your back politically for the next 50 years it's going to be tough you have to work
01:40:39
you can't do it uh inhumanely you can't do it uh uh just throw it out there it has to be very logically thought through
01:40:46
you have to get the countries in partnership with you but they have to go back if we don't draw the line in the
01:40:52
sand and say no this was done this was done to reform the Democratic party and bring votes in and also to help quite
01:40:59
frankly the guys on Wall Street that wanted law lower wages the corporate corpor ISS that wanted lower wages you
01:41:05
got to take this on this is going to be at the top of the agenda for the populist movement starting in uh the
01:41:10
beginning of the year Steve some people tried to put January 6th on um in the you know as part of this vote
01:41:19
and I think some people still feel very strong about January 6 what is your summation
01:41:27
about what happened and why it does or doesn't matter anymore in the history of of American
01:41:35
politics well I think it matters very much I I listen you've got to take care of the financial the geopolitical we
01:41:41
have so many issues that have to be dealt with the deportations the building of the wall but a dual track and you
01:41:47
talk about the Deep State we have to go back and I think reconvene the j6 committee and it's got to be done track
01:41:53
it's not going to be a number one priority but the house has got to get into this thing we we have to
01:41:58
investigate the FBI you have to investigate what happened on January 6 you have to investigate what happened in
01:42:02
the 2020 election until we adjudicate that publicly where the Democrats have uh a ranking member and minority Council
01:42:09
the way this committee should have been done the first time which one of the reasons I went to prison because I said
01:42:14
this committee was completely fraudulent we have to do this we're not going to have a country yes I know people some
01:42:20
people don't want to talk about it but this gets to the core of who and what we are and also how the Deep State element
01:42:26
kind of took it over you have to get to the bottom of this not just the people that have been put in prison the
01:42:32
thousand people have been put in prison but exactly what happened what was the chain of command why were president
01:42:38
Trump's orders not followed and it's not that we're going to go back and pick a scab but through the house Judiciary
01:42:44
Committee or an IG investigation there are ways to investigate there we have many different apparatuses that can
01:42:50
investigate but I think it has to be done to get to the bottom of exactly what happened and to make sure and
01:42:56
guarantee it never happens again with either political party uh for the future of the country we know you have to go
01:43:03
Steve final question have you spoken to Trump in the last couple of weeks and has he offered you some official role in
01:43:10
the new Administration I talked to president Trump he's the first guy I really talked
01:43:17
to when I left prison um and uh we had a long good chat we stay in pretty good communication
01:43:23
I have absolutely zero president Trump look the war room is the media platform for the activist base of the magga
01:43:31
movement uh we're not really entertainment uh our audience are very focused they're the people that went out
01:43:36
and did the get out the vote they're the ones that did the election Integrity the
01:43:39
precinct strategy these are the most active of all the Trump followers and that's what the show is my my my best
01:43:47
highest and best uses is doing that I I have I'm not a staffer I gave one year of my life from August 15th uh August
01:43:54
15th for one year uh I have no interest in going to the White House and quite frankly I'm much uh better for president
01:44:00
Trump to support him in his policies being on the outside and continue to do war room all right thank you Steve baton
01:44:06
for joining us on this historic night November 5th 2024 looks like a sweep for Trump is emerging uh freeberg you want
01:44:16
to give us the latest update we'll drop you off Steve thank you for coming thank
01:44:21
you Steve that was fascinating that was awesome Shane he literally wants to deport 15
01:44:28
million people he's dead serious about that um and uh yeah I don't know that the quick uh give us an update on where
01:44:36
we're at here I think people are having panic attacks right now after hearing that but on CNN CNN they're showing 22
01:44:44
they're still not calling they called North Carolina CNN called North Carolina since we lasted the update they're going
01:44:50
to call Georgia my uh my ction team called that about 15 minutes ago just to be well I mean chane election team this
01:44:58
is this is the key Point Chain's election team called that a couple days ago yeah yeah well I mean foret forget
01:45:03
about a couple days ago only thing I was gonna say and you know I know new nude is a political VIP and I'm I'm sure he
01:45:11
had a lot of a lot of gems to drop but look at the poly Market map look at this CNN or Fox map look at the
01:45:20
colors come back to them in a few days and see what was more useful at this moment in time as an information Source
01:45:27
yeah who dat first you know would have been better a few hours ago but even now and
01:45:34
you know here we are I love the news station appears awesome thank you I mean look it's like
01:45:41
the most downloaded app in the world today or you know something like on the whole app store it's crazy um but the
01:45:50
you know like people sitting in another room they're still consuming Legacy Media that's telling
01:45:56
them you know showing them ads keeping them glued in they're going to go to sleep they're not going to know what's
01:46:00
like it happen um things are being counted in in disingenuous or disingenuous ways at worst or at Best in
01:46:09
ways that are designed to just kind of have be Cliffhangers like you're going and architecting a thriller movie uh
01:46:16
whereas with poly Market it's just people competing it's Inc of compatible it's free market driven and you see the
01:46:22
lik thing you the one of the only critiques I've heard about prediction markets right now and specifically poly
01:46:28
Market is it's not yet for Americans maybe you could talk a little bit about why that is and is that going to change
01:46:35
because there are some other folks who are starting to operate in the US market and obviously wagering on Sports is
01:46:42
available so so tell us about that right you know I started poly Market which I think I think there was some some
01:46:49
chatter with Phil or like some of the org yeah Phil told us he it with you yeah he's the
01:46:54
co-founder I I can't I can't really attest to any of that I'm sure you know he's an excellent Storyteller um but we
01:47:03
know we know we know we've heard the stories yeah yeah yeah um and you know I started
01:47:10
P record with with no money and I love building things and I really did believe in a lot of the academic literature
01:47:18
around markets being the best way to go and AG information and you know I've learned a
01:47:25
lot along the way I'm really blessed and really grateful that you know we've built something that's made the impact
01:47:31
that it has and I I still think it's early but and I I know our best days are yet to come but uh you know like some
01:47:39
people lead with products some people lead with with uh with you know doing things and you know
01:47:46
navigating um system and and things like that and I I think that we never really
01:47:52
had the luxury of being able to wait and have the money to be able to wait and to
01:47:56
Lobby Etc so we just had to go build the right thing we found out how to do it in
01:48:01
a compliant way early on um and that was you know its own its own uh journey and
01:48:09
and Learning lesson and you know here we are today and we've gotten to a good enough point with traction where we have
01:48:14
the leverage and we have the capital to be able to go and luckily there's been people who've taken on a very Noble
01:48:19
fight regarding legalizing prediction markets in in the state and that's incredible and I'm happy for them it's
01:48:25
amazing for the entire space it's amazing for p Market as you know the largest global
01:48:31
player and uh yeah I mean the intent is is to use some of uh some of our what's interesting from a news perspective
01:48:39
Shane like we we we might have a point of view in our podcast where we talk about something like which um you know
01:48:46
which of the the the hyperscalers are going to have the biggest cloud business and standing up a market to track who's
01:48:53
got the re because suddenly Google's revenue growth took off in Cloud this quarter and Microsoft was lagging and so
01:48:58
the race is on and uh everyone thought that the game was over turns out it's not but I'd love to kind of you know
01:49:05
turn that into a story because part of what you do poly Market is create a story a new story that you can start to
01:49:10
follow you can create a bit of ative and and and and because you're trading it you're you know you're creating
01:49:15
probabilities around it you're seeing exactly value of it yeah I mean the kernel of like Insight that is you know
01:49:23
what po Market is predicated on is like one you know you should be able to create markets for every on anything and
01:49:29
everything within reason and the the sort of the the two Downstream effects of that are one there's a new format of
01:49:39
like you have an opinion you can put your money where your mouth is going back to why you guys said pollsters
01:49:44
aren't good what you know why would they be good they're simply just pundits entertainers they there's there's no
01:49:50
reason for them to be able to tell the future better than the next guy um and if they if they really were able to then
01:49:58
they should monetize their efforts by participating in markets right uh and monetize their special foretelling
01:50:04
skills and I think that tonight probably puts a puts a nail in the coffin for that way
01:50:10
of thinking and Reliance on just like this Legacy pollster model play Let's Play conspiracy theorist for a second
01:50:18
there was a a person she put out an Iowa poll um less than 24 hours ago that showed
01:50:27
Kamala winning Iowa um it didn't happen in fact you know Donald Trump won by 14%
01:50:34
in Iowa um is that her engaging in misinformation is that her doing a bad job yeah I mean the beauty of the fact
01:50:46
that P Market exists is I don't need to give a about what she's saying like everyone on Twitter is like you know I'm
01:50:53
not a big Tweeter I don't think anyone should care about what I have to say about this stuff because I don't know
01:50:59
what I'm talking about but okay so the Selzer poll goes live and you have the smartest people and the
01:51:05
most stupid people giving you an array of different opinions some people are saying this changes everything you're
01:51:11
going to remember the moment where you saw this poll you're GNA it's going to be etched in your memory forever and
01:51:16
other people are saying this is fake she's got one you know last way one scop on her way out something conspiratorial
01:51:24
and it's just like what is the real impact on the thing that matters the thing that matters is who's going to win
01:51:29
the various different races um because you know there's the Iowa race then it's then some people would say well Iowa has
01:51:37
you know is more sensitive to abortion and that's why it could swing a different way and that but then other
01:51:41
people are saying that you can extrapolate from Iowa different states and different Trends and when you have a
01:51:47
market you don't need to pay attention all that all that noise like you can just say okay well there's tons of
01:51:52
people competing over all available information as well as searching for new information to go and try price this as
01:51:57
well as possible and this is the most liquid Market this is what's available and I'm going to go and look at this and
01:52:04
derive my understanding of what's likely to happen from that as opposed to trying
01:52:09
to go and assign this significance to one some experts polling but two just you know comb through all these
01:52:18
different opinions on X as as as much as it's all our time on what do you think happened come to your own conclusions
01:52:25
about the different opinions because no one can do that all you do is you just lean into confirmation buys you just
01:52:30
look for things that validate what you're already looking for and Shane Shane explain what happened
01:52:37
though in the market where you had Trump meaningfully ahead and you know it looked like people were trying to trade
01:52:43
him up to like 69.9 but then there was a collapse at one point what do you think happened
01:52:50
there in the market and then by the way just before you start let's just introduce friend of the pob
01:52:54
herbus vulgaris uh haralabob as our friends know him uh we know we know him through many ways but um he owns a great
01:53:03
soccer team in Spain he is a phenomenal uh basketball uh better um a phenomenal poker player
01:53:13
um very smart thinker so uh harala welcome to the he's good at Twitter too he's pretty good on the Twitter great at
01:53:19
Twitter sorry Shane I I uh but Shane yeah so Shane yeah uh you know when you have a primary
01:53:27
Market a primary venue for Price Discovery like poly Market is um you know the market
01:53:35
initially took impact to this like seler poll and then over the course of the next few hours or 24 hours you know
01:53:42
there was like the the the market interprets and ingest that information and maybe there's some frenzy and
01:53:49
volatility to start and then it it finds equilibrium um and you know I'm I don't claim to be and
01:53:57
nor should I be the person who can go and have asymmetric Intel on what the market is saying right like I I just
01:54:04
built the website you know um the cool thing is that it's transparent and you can go and see who's participating who's
01:54:10
taking what positions there's a comment section it's one of the most like it's a
01:54:14
new format of of like social networking where not only are you communicating in text but it shows your position and what
01:54:20
you bought it at in the comment so you know some people want to go and say well this guy put down $250,000 maybe he
01:54:28
actually has something interesting to say um and I should take it with more you know less of a grain of salt and and
01:54:34
and and place more emphasis on it um but ultimately the market when I when I think back at at
01:54:42
how and you know things are not over yet but like when I think back at this cycle
01:54:47
I think the market functioned perfectly I think this is how markets are supposed
01:54:50
to function I think that despite all the the sort of misinformation and hit pieces that were put out about what is
01:54:57
truly the closest thing we have to a free market for events um it it ended up being by far and way
01:55:05
the the best information source and the best way to follow who is likely to win something that's really important this
01:55:09
election so um I'm proud of that and I I I can't really think of many times where
01:55:15
I've I've been able to say that I'm always quite cautious and skeptical and just want to want to be able to have
01:55:21
like true true data to validate that something worked and I think that you know if things continue to head in this
01:55:27
direction this is this is a big win for poly market and as as as the sort of disruptor for Legacy
01:55:35
Media when it comes to try understand what's like to happen in the future Shane let's thank Shane for coming on
01:55:40
Shan we want to say thanks and we we I really want to say it'd be great to kind of get you back on at some point in the
01:55:44
future and talk about ways that we could kind of list some stuff on the market all abolutely all of the stuff that we
01:55:50
do like the end of the year markets and stuff I actually think what we should do
01:55:54
J Cal maybe we can ask Nick to do this but the bets that we made last year yeah make markets out of them can we turn
01:56:00
them into markets now we definitely can the thing that you know so it's going to
01:56:04
be exciting for people to be able to bet their beliefs if they have an opinion but the thing that's even more exciting
01:56:10
is to be able to look at the odds and how they Trend over time and be able to go and and get sh a fact Shan Shane I'm
01:56:18
going to win all of these but yes it's right whatever Shane blah blah blah I'm gonna win right
01:56:25
all right well guys thanks thanks for having me on seriously Shane can we can we get can we get your help getting your
01:56:31
team to look at our endof year predictions episodes absolutely 100% yeah AB let's make let's make those best
01:56:38
we'll do that let's do it the final thing I say anyone uh thank you so much um final thing say is anyone
01:56:45
who's listening who has ideas as well just DM DM poly Market on Twitter with your ideas um and they there'll be an
01:56:52
announcement regarding that soon which we're really excited about thanks bro guys for I want I want to do truth or
01:56:59
truth or false with haralabob before we ask him a question okay haralabob true or false uh oh true or false I know
01:57:06
where this is going you have made more than a 100 million less than a billion betting
01:57:12
basketball oh um no definitely true yeah definitely true less than a billion true
01:57:19
true or false same question on crypto I mean I don't even I'm just I'm just getting my feet wet I'm
01:57:28
just getting my feet wet in the uh imaginary internet money streets so for me harab you were the assistant GM of
01:57:37
the Dallas Mavericks under Mark cubin no was false I was like the the facto GM I
01:57:42
think if you really want to okay let's uh let's kick it off uh tell us about Mark Cuban and tell us about what you
01:57:50
thought when he stepped into the political dragons then um it was kind of shocking to me to
01:57:57
be honest uh mostly because I had a lot of people who thought that I had like some insight as to like what what he was
01:58:03
going through like the number one thing people were asking me was like yo is Mark compromise or something which of
01:58:08
course I don't think that was the case but um I don't know hold on sorry hold on hold on let's just let's just double
01:58:13
click into that there is a theme which was that like all of the people that went to Epstein island or were involved
01:58:21
in the Diddy part parties had to vote Democratic did you yeah did you think that that was
01:58:28
real or that was just like a not in Mark's case like just to be clear uh because I don't know anything about that
01:58:33
at all and I I was that wasn't but with the other people 100% I mean I really JLo I mean come on give me a
01:58:42
break like it was absurd it was like Usher it was like Usher went from like oh I don't really want to talk about
01:58:48
politics too much you know whatever and then next thing you know he's on stage oh but but the part that's interesting
01:58:53
though is like it's funny but it's actually not funny because it's dark it's very dark super dark I mean if you
01:59:00
want to go I'm not saying it's true but if you want to think it's true it's very
01:59:04
it's a very dark truth yeah um I mean the JLo thing was just absurd it's just like okay okay yeah the Puerto Rico
01:59:11
thing happen so let's get JLo but then she like that was like the best acting job she did since G jigle or whatever
01:59:16
that movie was I mean it was like unbelievable performance I was like what is what is
01:59:21
she's like almost in years uh I don't know the whole lection to me was just odd because I think a lot
01:59:26
of people thought that I was like I had like Trump I was like I got curved to the right and I was like I went down
01:59:32
this rabbit hole and I was radicalized but it was just like I've always been this person like the only time I wasn't
01:59:37
that person was the short period of time where I lost my mind during covid where
01:59:41
I believed that like all the stuff they were telling me was true like that's like the only time I wasn't part of the
01:59:47
where I've actually followed the herd was during Co where I actually got the vaccine I wore my little Mask walked
01:59:53
around well because you're a good person you didn't want to kill old people it's
01:59:57
a pretty reasonable thing to do to put a mask on if they tell you if you don't you're going to spread the disease and
02:00:02
you can kill old people that's a very reasonable thing to do but the part no but Jason but the part the part but but
02:00:08
I I remember very specifically reading like the great barington declaration that came out written by some you know
02:00:14
three very very sharp Physicians and epidemiologists from Harvard I think Stanford and Oxford yeah and these
02:00:20
people were made out to be quack like total quacks and then you look at their what their ideas of what they had were
02:00:26
actually quite reasonable but my point is I remember reading that and going oh that yeah that kind of does make sense
02:00:30
to me um and then seeing like the policy completely switch my point is is um yeah
02:00:36
I don't know the didy stuff is very dark did you um did you bet so sorry back to
02:00:41
back to Cuban for a second um why do you think he jumped into the dragon then why
02:00:46
why do you think he felt the what triggered him because he had opinions for a while but something seemed to him
02:00:52
you know I don't know I mean I don't you know for me it was interesting because you know he blocked me on Twitter but
02:00:58
still like messaging me uh and emailing me I'm just like and I know the only reason he blocked me is because he
02:01:04
didn't want to see what I was posting in my feed because it was bothering him that's like could be the only reason why
02:01:10
and um I don't know I think he really believes Trump's a bad person but it doesn't really make sense to me because
02:01:16
he said that he know he knew Trump was a bad person since like forever but then he was like supporting him in 2016 but
02:01:21
then he said he had bad business deals with Trump but then Trump was president from 2016 2020 so what businesses could
02:01:26
you really be involved in during that time period when he's president of the United States so I don't know I'm not
02:01:31
sure look he can answer that uh he he he really believed that kala for whatever reason was the better choice but it
02:01:38
didn't seem to me like it was a reasonable uh argument the arguments you was making did not seem reasonable to me
02:01:45
personally did you bet on this election did you bet or trade and if so how um I did on poly Market
02:01:52
um I very early I mean the the Seltzer pole thing that you guys were talking about it wasn't like she was just like
02:01:59
some random poller she had like a very very good reputation I think when the when the poll came out Stellar
02:02:03
reputation appar I think Nate silver even said like wof I don't want to be sitting across the poker table from from
02:02:08
Selzer basically yeah um but the odds dropped there uh and then she did an interview a video interview that
02:02:15
basically made her out to be like a total C like I don't know if you guys saw that interview that she did but she
02:02:19
basically kind of came across like she didn't know what she was talking about know what the D and the r stood for that
02:02:23
was like Democrat Republican um wait where where was that where was that interview for all it was it everything
02:02:30
yeah she was it was posted on Twitter I'm not sure it was on Twitter you bet so you bet it based on that I did then I
02:02:37
mean look I shouldn't have had any position on Trump because I'm just so Overexposed as I have been for like the
02:02:43
last 15 years or however long in in in in Bitcoin so it's it's and obviously a trump you could you could just see that
02:02:52
bitcoin price was tracking Trump's you know you know percentage to win the election so um there was a point where I
02:02:57
had Trump at like 50 cents and then I closed it at like when you got up quite high and then I had no position uh and
02:03:03
then I thought about buying some comml at like 35 cents just to have like a kind of like some oh breaking news about
02:03:11
Bitcoin is it at an all-time high 74,000 is that the high of all time yeah this is why like to me the as much as I agree
02:03:19
with Shane in terms of the prediction markets track like is are a lot more accurate than
02:03:24
polls I I do believe that is true but I also believe like if you just follow the
02:03:28
price of Bitcoin the price of Doge the Mexican US Dollar exchange ratio all of those things were were were were leading
02:03:35
were getting beted up way before the prediction Market start moving because those are the truest biggest markets the
02:03:40
most liquid markets we had Bitcoin was ripping I mean Doge I think was up 35% doge is at 20 cents yeah that's crazy
02:03:48
yeah so I didn't have a big I didn't have a big election position this election just cuz I already you know I'm
02:03:52
just running my little my little humble football team are you ever going to tell
02:03:55
the uh story of the uh bet on I don't know how this rumor rumor got started but it sounds like a crazy story but I I
02:04:03
probably I've heard I've heard some Rumblings about it but yeah all well this is I'll tell you what I know you
02:04:09
tell me if you want to go there there was a guy who was convinced that Trump won 2020 not Steve Bannon who was just
02:04:16
on but that that Trump had actually won last time and and he wanted to B that it's not it's not enough to think that
02:04:25
he won to think that he's going to win and that he was going to win yes that he was GNA overturn it in the Supreme Court
02:04:32
and that there were some 10 to1 odds or something crazy and somebody took the other side of this bat and made a large
02:04:38
amount of money and that was you um yeah I mean it sounds like a I don't know there's I'm a very disciplined Gambler
02:04:45
so for me there's no Kelly Kelly Criterion for past posted elections like there's no confidence interval ratio for
02:04:51
that I couldn't but but yeah I don't know I've heard that story from a few people and it sounds kind of crazy but
02:04:57
would you take that action if somebody did that in 2020 would I would I lay 11 to one on the fall of the Republic yeah
02:05:04
I probably would I'd probably lay 11 to1 on the fall of the Republic because if that that you know I think there was
02:05:09
like a point when they when when um they they filed their supreme court brief in
02:05:14
Texas and there was like spelling errors and punctuation errors in the brief and
02:05:19
then there was like a statement that like it's proven that he must have won the election because no other president
02:05:24
has won this state that state and that state and lost the election which of course is proof of anything um but also
02:05:29
I guess Nixon had also done it so um go so yeah but yeah it was it was a a weird
02:05:34
situ I would I take that back yeah I probably would but I don't yeah not okay there it is folks who knows where that
02:05:40
rumor came from but a good one at that probably probably Phil helmouth because I've heard him say it three times on on
02:05:45
on different podcasts today so oh great awesome the Duke of distraction has spoken again exactly um so what is your
02:05:54
takeaway from what we saw tonight and just what it means for democracy America these political parties like it's this
02:06:03
feels like seismic uh you know I'm pretty I'm pretty bullish America right now like I have never really been
02:06:10
bullish America um I'm not American to be clear I don't live in America I have in different periods of my life but I
02:06:16
don't anymore um yeah I'm pretty bullish on it I think like it's the part that interesting to me is like both sides
02:06:23
said that democracy was on the line you know Elon made a compassion on the Rogan
02:06:27
podcast I actually thought it was quite compelling is we know his talk of how if
02:06:31
you know they continue to import new citizens and make them citizens and give them voting power rights these people
02:06:35
are going to vote Democrat and then the only election is going to be the Democratic candidate and and the
02:06:40
Republicans will never basically have a chance um then the other side was saying
02:06:44
that I think opra for instance yesterday was saying that uh democracy was was was
02:06:50
done if Trump won so um I don't know I'm a big fan of I'm not a big huge fan of trump to be clear like I actually do
02:06:56
like him now I actually do I actually do think he's changed a little bit and I while while I don't think he's
02:07:00
presidential in the way he conducts himself and he can't help himself with some of the things he says he's very
02:07:04
honest about who he is and that's just who he is as a person and if you look back at his the stuff he said even like
02:07:09
20 years ago it was all the same stuff whereas kamla was giving like different versions depending on who she was
02:07:14
talking to and um but I'm a big fan of like I I think I think it's silly to think that um Callie means who I who I
02:07:21
talked to um and Casey me who I talked to jamath about those guys have an actual impact on health I think will
02:07:27
make a big difference great big fan of RFK I'm a big fan of Elon so yeah I'm very I'm very bullish on America right
02:07:33
now hu shout out to Calli and Casey means actually yeah I just I just had to come on line here and just say hi to my
02:07:42
favorite uh white dude for Harris Erin Ley are you on to make your concession speech or are you drunk saxs it sounds
02:07:51
like learn your words dring is are want to say line but um wait SX that's not the
02:08:02
that's not the group I'm in I'm in beta males for for Harris oh yeah yeah actually you had a funny tweet about
02:08:06
that I give you a credit for that thank you thank you um yeah actually of all the comma supporters in Silicon Valley
02:08:15
most of whom are just terrible people uh you actually are you are you are my favorite you're my favorite com so uh
02:08:23
well I I don't know if that's a compliment but um it's definitely compliment there are lots of lots of
02:08:28
good uh common supporters out here don't worry okay listen I would love to keep talking but Trump is we're at the
02:08:35
convention center and it looks like we're all being hearded downstairs because Trump is gonna speak I think
02:08:39
he's gonna make some sort of victory speech I don't think I can broadcast it it's probably going to be on TV it's
02:08:45
yeah it's broadcasting live are you guys are you guys already calling it is it I
02:08:49
don't know I think I think it's I think Trump's calling this election and 2020 for himself he's
02:08:56
calling both right now so yeah I would tone down with uh tone down with that little no Jes no
02:09:04
Jesy little little bit of humility on your part would be called for I texted Trump uh J texted Trump whoa I texted
02:09:14
him your address Jason so oh okay great yes all right I got to drop off I'll be back lucky him sending a drone to me uh
02:09:20
to the ranch eron how are you feeling uh right about now you were a big supporter
02:09:24
of comma what are your thoughts yeah wait guys the market the poly Market still it's like it's you know we have a
02:09:30
it's still a 33 to1 chance we got this like there's there's so much room I'm trying to buy Robin contracts right now
02:09:37
what are you talking about yeah you got room you got room to play I Robin Hood blocked me earlier today it was trying
02:09:44
to shut me out of the system I I had overspent my uh coring the cornering the market on commo I believe in dollar
02:09:51
averaging so um I thought uh I thought we could we could hold on to some upside here so but like is it it's not like
02:09:58
literally fully called I mean we're we're we have we're holding on to some counties no you gotta wait till January
02:10:03
20th for that or January 6th let me ask you this when will you be riding at the capital Aaron are you going to be yeah
02:10:11
leading a we're gonna be riding in all the cities so it's all the cities I uh I I'll be I'll be honest with you I I
02:10:20
really hope we Deport jcal works for me the only one he's the only one of us that's born here you guys
02:10:29
don't know who I voted for by the way I really hope don't I may have to show you
02:10:35
my vot I really hope we Deport you maybe on Thursday I should show my my ballot I
02:10:39
have a picture of my a picture of it really I have a picture of my ballot it might I might have to flip it maybe
02:10:44
we'll we'll see oh wow no but uhon let's talk aboutou so we don't we don't have to I me I'm good I'm yeah we
02:10:53
don't we don't know where it's going to end but we know where it's leaning sure so break it down for us what's your
02:11:01
interpretation if what this is is where it ends up what does it mean for what you believe no about like because you
02:11:09
have strong beliefs and yeah um what does it mean that so many people think you have no idea what you're talking
02:11:17
about you're just talking about my my ex replies at the moment I know I I I fully
02:11:22
respect that if this is the outcome I'm going to be dunked on for the next couple weeks so no no but all of that
02:11:28
aside no what what do you think it means for what you believe in versus what a bunch of many other people believe in
02:11:36
well uh I you know the the tricky thing about this whole election cycle has been
02:11:42
um I have uh I I've you know found many problems with the Democrat kind of you know just you know sort of system alog
02:11:53
together uh the the Democrats there's no question that we have let the party uh slide you know out of being a a sort of
02:12:02
firmly Pro business you know Pro Tech party at times um there's been issues around you know regulation that that
02:12:09
absolutely blocks uh the kind of innovation that we need I have you know extremely you know pro-democrat friends
02:12:15
that are doing things for like climate change and they can't get it done because of democrat policies so so so
02:12:21
like it's very clear that that there's been a number of things that have gone wrong I have you know some beliefs on
02:12:27
things like inflation you know and all the underlying causes and and you know is that is that one president's you know
02:12:33
doing or not um uh I think we have actually a better economic record right now than the Democrats could make the
02:12:39
case for um uh when you look at unemployment when you look at the markets uh when you look at our just you
02:12:45
know uh uh status globally um so I think that case was probably not made as well
02:12:49
as it as it could have been um but uh but I think there's you know very reasonable arguments on on inflation um
02:12:56
and some areas of the economy that that we still have to you know do work on but
02:12:59
you know if if it does end up being you know fully the outcome that uh that Trump wins um I think it's pretty clear
02:13:05
you know the the set of reasons why um and the hopefully the the Democrats would have some introspection and say
02:13:12
okay um you know what what are we doing about what would you change if you were in control of the democratic party and
02:13:17
they lose yeah what would you change I think the the party uh I think we have have veered more toward uh regulation
02:13:28
where we shouldn't be regulating I think we have uh We've made it very hard to do
02:13:31
business in a number of of categories I think the tax policies um uh have been uh have been rough at times there's
02:13:39
there's no question um uh I think that you have some culture War dynamics that uh that that you know I think there's
02:13:48
still going to be a big conversation about in the country over the coming years that we're going to have to kind
02:13:52
of resolve I think if you look at things like SF um and California whether it's you know the crime issue whether it's
02:13:58
what's happened to some of the schools um and you know math uh in SF I mean these are all these are all problems
02:14:05
that I think uh the Democrats need to to rec you know uh be able to reconcile and
02:14:09
actually uh start to address as a party so um you think they're capable of it sorry do I yeah do you think they're
02:14:18
capable of it it seems like they kind of don't get it I think um I think we are uh you know
02:14:25
the party has some mixed views on these topics and it's tough because I I you know I I think both parties happen to be
02:14:32
kind of big tents at the moment just cut in these random ways um I I you know the
02:14:37
reason I was proa and not pro Trump is there's a set of things um that I couldn't get behind on the Republican
02:14:44
side in this particular environment and um and that makes it you know equally hard uh now do they end up winning by a
02:14:50
few extra million people or in the right you know counties uh with those messages
02:14:55
you know it's very possible that that's going to be the outcome um but uh but but Democrats I think you know it's a
02:15:00
tough party because you have let's say the the extreme left you know it starts to fracture pretty pretty massively like
02:15:07
uh what do you do in Israel you know you start to peel off different factions um
02:15:11
what do you do in um in education you start to peel off more factions and so I think you have to you have to bring it
02:15:17
in um I do think you know we have uh we have some degree of Centrist leaders uh that are that are waking up uh in the
02:15:25
the party or at least moving more to the center and so hopefully this will be a wake up call uh for many that have moved
02:15:30
more to the left that would be a great outcome of this um if uh if this is the ultimate outcome and I think uh you know
02:15:35
hopefully it would uh would it would set a lesson for uh for some folks I think that's well
02:15:41
said I'm just here to say things less well it's a lot of hard lessons I think yeah um they they went full woke and
02:15:50
it's no sense yeah not having a primary made no sense do you think you would have voted for comma if you had other
02:15:57
choices uh I think uh it would you know you'd have to have run a much longer process uh this was a condensed process
02:16:04
and and I think just due to the uh the pragmatism of who can you put on a national stage with three months to go
02:16:12
that everybody's going to Rally behind um I think I I think the the real postmortem is um you know you'd have to
02:16:19
go back a year or a year and a half and and start to have a much more robust conversation around you know some of the
02:16:24
Biden Dynamics no one was no one was willing to talk the truth eron and we had Dean Phillips on earlier today but
02:16:29
everyone saw the cognitive issues with Biden that he wasn't going to be a good candidate and they let him run and they
02:16:35
let this whole thing go on way too long and the de going up against Donald Trump
02:16:40
probably one of the most disliked political characters in American history would have been an easy Victory if they
02:16:46
had just allowed a process to run and they could have had a shot of putting a good candidate forward
02:16:52
that they did that was it obvious to you Aaron before the switch you feel that or
02:16:55
no because I think we were talking about it over a year ago like a year and a half ago probably is when everyone
02:17:00
started obviously it's like so obvious we should be talking about this and then they put him up yeah uh yeah yeah it's
02:17:07
um so I went to a Biden Event in May um and this this may um and we were we were
02:17:14
talking about high skill immigration uh and and then was it in the afternoon I don't mean to make light of it but yeah
02:17:21
I mean it was like not at 10 p.m so um like he's not talking to high skill immigration at um you know yeah well I
02:17:29
mean the the theory is I don't mean to poke fun of it make light of it is that he was experiencing sundowning and they
02:17:35
said that he's like there in the afternoon and then at night it's a known thing with people with Alzheimer's or
02:17:40
dementia that at night they can become irritable and show signs Al Z Russell teror had Sundowners was very
02:17:47
uh he really did I'm sorry bro you would post pictures haralabob would post pictures of his Jack Russell Terrier on
02:17:55
his yacht no that's my doodle that's my doodle the Jack passed away during covid
02:18:01
and he had he did have Sundowners my my doodle is is on the yacht okay sorry eron Erin go back so you said
02:18:10
in May you felt like because Reed swears to this other people swear to this that
02:18:14
they met with Biden in person this year and they're like there's nothing wrong with this guy he should continue to be
02:18:18
president we should get him reelected you you there uh yeah but but so I mean you guys spend literally hundred times
02:18:24
longer thinking about these types of things than I do like I met Biden uh we talked about high skill immigration he
02:18:30
did a speech like it was fine like you know you don't leave like wow I'm so fired up this is the most amazing you
02:18:36
know situation of all time but you're not like thinking to yourself that there's a dimension problem so so I
02:18:42
don't know what what people are dealing with all day long in the White House you
02:18:45
know that this is just like not an area that that I'm I'm I'm actively thinking about uh but if you do have a situation
02:18:51
where the the you know a new campaign can't get out their message you know with enough uh with enough dialogue with
02:18:58
enough of the right messages with enough rallying um with enough you know potential options of what the choice
02:19:04
looks like then then clearly have a situation where something should have been done you know sooner than three
02:19:07
months ago yeah and she I think the VP pick they'll look back on that and say she should have done Shapiro and
02:19:14
then I mean Erin honestly do you think she should have done shipiro I I like Shapiro um but uh I
02:19:21
you I'm not was that how could you not pick Tim Walls this is one of the most qualified politicians I think America's
02:19:27
ever seen I don't think guy doesn't own his home well well so so the come on I don't home I don't think the postmortem
02:19:36
on this is going to be wals uh I I think that would be pretty pretty crazy I think you're right yeah um I I don't
02:19:42
think you're you don't think Shapiro though would have been more Dynamic come on Dynamic yeah I mean I mean walls if
02:19:49
you want if you want like the AIS of dynamic I think you I mean walls is I don't know if you saw his uh was it John
02:19:57
Stewart or or coar or whatever like he's like exactly what you know you'd expect
02:20:03
the median Democrat voter to to be you know excited by so that's I I don't think that that walls lost this I think
02:20:10
that um I I think that the party that the party has been unfortunately has has lost its footing on a number of job Rel
02:20:20
ated socialist type type adjacent you know topics uh it's I you know I was I am uh I have felt like we should be
02:20:30
having a message of let's let's build more let's accelerate let's you know have more science let's drive more AI
02:20:36
let's go to space let's build more businesses I think some of that message landed I don't think all of it was you
02:20:42
know there was enough time to deliver it all um and then of course you just have
02:20:46
an albatross that that I don't think is related to Comm or anybody yeah eron does a doeses Dei and wokeism allow you
02:20:53
to do your job better worse or the same I mean you know there's there's a lot of things that that were merging
02:21:00
into those things I think the idea of uh can we have you know uh companies or organizations that are fair to you know
02:21:08
all all employees that can be thoughtful about hiring and promotions and who's on
02:21:13
the board all those things like that that seems like a very you know logical direction that we should take things I
02:21:19
mean actually JD Vance is was there was an interview two months ago I don't know
02:21:23
maybe it was even all in who knows but but he basically said that when his wife uh had his her first child their first
02:21:29
child it was like hard like it like getting dealing with the workplace would became hard and he was advocating that
02:21:35
we should make it easier to have families and be able to have be in work uh environments and so so the idea of
02:21:42
creating you know fairer environments that that companies you know drive and and participate in building I think
02:21:47
makes total sense the idea that anybody should protest every single aspect of their of their campus or their
02:21:53
organization and every single topic I think obviously we went too far um so so you know there's there's these things
02:22:00
where we lose the plot um and you do have a slippery slope Dynamic that can happen um and I think we should you know
02:22:06
probably bring bring things back more into the center but I also think that that the concept itself has probably
02:22:12
been weaponized um and probably taken too far in terms of how it's being portrayed in
02:22:17
a lot of respects no no but but weaponized by by by people that have a completely different plot uh that that
02:22:24
are trying to drive a very different outcome for the country so you know I what is that what is that outcome uh
02:22:30
there's a lot of people in my Twitter feed that basically say that we should not have high-skill immigrants that call
02:22:36
me a Jew boy or whatever and these are not people on the left so this idea that that you know the uh that the it's the
02:22:45
left that that you know is fully compromised by some of these types of things is just it's just wrong
02:22:51
and so um and so there are some people that are exploiting the ideas of wokeism to make their own case for a different
02:22:58
vision for the country than I think is the right vision for the country and so it would be fantastic if we actually
02:23:04
could you know find the 80% that brings us all together and be able to go and drive that outcome I think that actually
02:23:10
exists I I you know I have uh optimism that somebody like Elon could actually go and drive that forward if you look at
02:23:16
the makeup of the people that work inside of any Elon company it looks like the kind of America that I'm talking
02:23:22
about that we should be building but that's not the one that that's of the people that are most extreme on saying
02:23:28
that wokeism and and Dei has destroyed us the the those are the not the that's not the type of style of organization
02:23:36
that those people are are thinking about well he runs an extreme meritocracy totally but but that's not but but the
02:23:43
kind if you see the replies of the people that are most oriented I I want to respect that and and I'm sorry that
02:23:48
I'm sorry that you see that I'm just curious like oh it doesn't bother me actually I'm just saying that that we
02:23:54
should not pretend that that doesn't exist either no no no I and I don't want to take away from I'm looking at the
02:23:58
YouTube comments right now I can confirm it exists are we getting a lot of Jew boys
02:24:03
right now there's a decent number yeah okay yeah cool I uh but In fairness they just as well Cham chth when I tweet
02:24:10
something like we should make sure that we bring in the best talent from all around the world to help us build the
02:24:15
next set of companies the amount of people that say that this is a Jewish woke globalist ideology like that
02:24:23
is okay but but but that is that is a that is an adjacent concept to the people that have weaponized this to make
02:24:31
companies feel like they actually have to reel everything back in so of course we should have meritocracy there's no
02:24:35
question do you think that meritocracy should exist at the sake of diversity meritocracy should exist at the sake of
02:24:43
diversity I think that I think that we should find a way where these are not trade-offs like and and they're just not
02:24:49
perceived to be trade-offs so I think we can we can absolutely you know blend these two together in a way that that is
02:24:56
that they you don't compromise in either now now I think that a lot of people got
02:24:59
upset about the equity component and and there's a lot of definitions that that kind of expanded into and I think that's
02:25:05
a super interesting debate um because I you know anybody who imagines that we're
02:25:09
going to get to you know equal outcomes that's obviously not going to happen so we we have to be thoughtful about the
02:25:15
fact that we're going to have to have a system that that when you have Merit you
02:25:18
know that there are going to be different outcomes but we should double click on that because freedberg brought
02:25:24
this up at the beginning of the Pod it just seems like successful people are hated in America you're very successful
02:25:31
you started this company right out of college um you know it's a multi-billion Dollar business you've done very
02:25:37
well um should people not like you without knowing you I guess maybe is the question like you know do you Des don't
02:25:47
you deserve to have the success that you've achieved um yeah yeah but but like I'm not like
02:25:53
that's not what doesn't keep me up at night so the the I also am am like realistic that the upbringing I had
02:26:00
absolutely contributed to my ability to go and build a multi-billion dollar company so so like I think it's like not
02:26:07
not crazy to think like okay we should probably keep working on improving the environments for everybody and this is
02:26:12
not a race thing like we should do this across the country like we should build a a society where you know anybody can
02:26:18
go on and build a company and and you know innovate and execute um there there's no question about that and I
02:26:25
think that's again where where things started to maybe lose the plot a little bit was this became you know I I I like
02:26:31
I'm like a you know three-hour expert on the topic but this you know any of the kind of oppressor oppress you know
02:26:36
oppressed type things that appeared on campuses like that's obviously insane like that that you know that's clearly
02:26:42
an example of this going way too far but the idea that you can build like inclusive organizations and that you
02:26:48
might be thoughtful about like you know your Talent hiring process is just a totally reasonable thing
02:26:55
yeah all right do you think that um these guys are going to be successful in tearing down all of this
02:27:03
infrastructure inside the United States do you look forward to it do you think it's has a chance what do you um so uh
02:27:10
are we talking guess maybe maybe more pointedly like is it hard for you to do business in the United States in ways
02:27:16
where you wish it would be easier uh we're we're really lucky I mean in the land of bits it's uh it's
02:27:23
about as as simple as it gets um I think where where we clearly have a crisis is
02:27:29
uh energy Transportation EVS anything autonomous you know you can you know list 20 things that that run into just
02:27:37
unending regulation you have the state regulation you have the Federal Regulation um you know just endless
02:27:44
Loops that people go into um do you uh so so like no matter what we need to go solve that actually I felt like kamla
02:27:52
was one of the first sort of democrat presidents that had that as a message it was like not the most expansive part of
02:27:57
the message because there's like 50 things you have to get out in three months but she talked about red tape she
02:28:02
talked about we have to beat China we have to move faster all that you know in in the in the Trump outcome scenario you
02:28:09
have obviously Elon as this sort of superpower that's can go and drive a lot of that way faster I'd hope it's kind of
02:28:16
Applied somewhat surgically versus a total Hammer because um uh I just think there's there's you know
02:28:22
like I I think having some degree of thoughtfulness of where can we go and you know create these Fast Lanes for
02:28:28
Innovation and for acceleration I think is a good thing um uh but uh but yeah like getting drugs approved faster
02:28:35
building more building more houses it's insane our housing and zoning laws uh being able to do anything in
02:28:41
transportation shipping Logistics like we should make sure that this is you know the century where we just go crazy
02:28:47
with Innovation and building and the great thing is it's going to create an insane amount of jobs it will also mean
02:28:51
that we have to do more on immigration uh because we're going to need the talent to both create the ideas and and
02:28:57
actually work for these organizations all right uh I we have no more guests coming correct Nick this is
02:29:03
it we've we've wrapped uh unless David saaks pops back in another Victory lab no this is it I I mean I I think we've
02:29:12
been going for three hours I think it's time 2:30 2:30 is a pretty good one uh Jason are you tired or something what
02:29:19
what time is I'm just wondering how much longer we could go I mean I think we're
02:29:23
done here our work has been done I I don't I'm glad you guys woke me up at 6:30 in the morning my time to answer
02:29:29
two questions and have to listen to uh talk about de why don't you tell these guys a story
02:29:35
about your soccer team which really is the real life version um it is true you are Ted lasso
02:29:43
Ted lasso what's the name of the who the name of the like Harris Harris might given a
02:29:50
speech and oh can we pull that up no not yet no we will get uh booted yeah they're cutting to both thought I think
02:29:58
you could show it picture in a picture the one thing I would like to say is just doesn't have anything do with me is
02:30:02
I'm here in Spain I don't know if you guys have been following the Valencia region even Barcelona there's been awful
02:30:07
awful flood devastated devast devastating floods um if you go to my football team's Twitter uh we're raising
02:30:14
money to give to the people who are affected and I've have agreed to match every dollar one for one up to 500,000
02:30:20
so until Monday so if anyone wants to donate the money will be good put to a good cause I'm in for five there you go
02:30:27
five $5,000 5,000 match it if you want I just did my first Buy in five I'm in for
02:30:35
5,000 I just said it you know listen I'm just yeah I mean it's just every bit helps yes you're in for five yeah or or
02:30:42
you just even giving exposure to it so other people who want to for send me a link we're in send link
02:30:48
aon's in for five freeberg you're in for five send me a link Chamas for five I'm
02:30:54
sure right there it also looks like San Francisco voted Daniel luran for mayor oh wow V friend of the Pod is now
02:31:02
running the city and voted um a lot of the candidates that were meant to kind of be
02:31:10
some of the transform transformative candidates in the Board of Supervisors so I think San Francisco is also making
02:31:16
kind of a resounding um San Francisco is such a garbage dump I hope they fix it did
02:31:23
gatone get voted out too in La I just saw that go by San Francisco ago you know what's amazing is
02:31:33
like all of these policies there are a couple of places organ implemented some of these policies San Francisco out you
02:31:39
can study the impact of these things so you don't have to guess and that's very valuable so for example the the the
02:31:48
decisions on uh prosecutions the decisions on open air drug markets the decisions on uh legalizing of hardcore
02:31:57
drugs we now have huge Bodies of Evidence that these things don't work so you do not need to spend
02:32:07
$200,000 and go to an Ivy League school to pretend that you think that these ideas are good ideas I don't think the
02:32:13
people who are who are even implementing these ideas necessarily think they're good ideas I think they realize it's a
02:32:18
way to have themselves climb up the latter in the Democratic party this this this Soros kid is is collecting these
02:32:25
politicians like Pokemon cards I don't know if you've seen his Instagram he's got different pictures of of a different
02:32:29
politician every week if it if it makes me feel better I didn't want to legalize
02:32:33
marijuana so I think marijuana is a I think marijuana is a Scourge I don't think it
02:32:39
should be legalized and I'll just say this for all the parents that think it's it's okay this is not your marijuana no
02:32:46
of course not but I mean realiz for adults obviously toxity and these are and it'sing them
02:32:58
all kinds of damage this is this it's not cool to smoke drugs it's not cool to do drugs I'm sorry no of course not but
02:33:04
like wake up legalizing cannabis is a fine idea or at least decriminalizing it okay like fine but you know you should
02:33:12
highly regulate it um it's insane people have lost the script it's insane I gotta jump but hey this has been this
02:33:22
has been great everybody go open a box account hey Aron thank you for joining us if you're if you're on December 7th
02:33:31
come to our party come on December 7th and do a shot see you guys uh fly fly to America bro come come and see us uh I
02:33:40
will yeah back to my house let's play poker we'll have play some cards we'll do it Saturday your house in poker I'm
02:33:46
down definitely down let's do it I really apprciate haralabob where can people go to donate um this is actually
02:33:53
a really good idea and we'll put it in the um if you just go to my Twitter haralabob I'll I'll retweet I'll retweet
02:33:58
it now so it'll come up but it's um yeah we're I mean there's lots of different ways you want to donate to the Red Cross
02:34:03
you can it's just I I've agreed out of my own I'm I'm going to um I love it it's great yeah it'll be in Spanish but
02:34:10
I'll I'll I'll repost it and then I'll repost the English one in hey Nick call call on his cell phone and ask him to
02:34:16
hop on zoom on his cell phone just to wrap the night and just hear how over there and just give him a call and then
02:34:21
let's just hop on and just get a quick shot he's in the room I see it on TV and it looks like both the Harris and Trump
02:34:28
HQ assemblies are kind of happening right now where everyone's coming on stage sounds like yep CNN is calling
02:34:36
Georgia for Trump so the concession and victory speech might be underway you guys crazy if you go to the New York
02:34:43
Times it says Harris 210 and Trump 230 so they're like almost pretending it's close they're they're just calling it on
02:34:49
CNN right now so now CNN's got Trump at 246 and yep uh it looks like they're the
02:34:56
the two candidates are gonna do their kind of speeches in a minute here but we should get saxs on real
02:35:03
quick because I think he's in the room at the Trump HQ there we can kind of he just sent me right to voicemail
02:35:10
give us the Big R oh it did okay yeah yeah wa wait all right everybody hold on hold on he's going back back wait I
02:35:16
wonder who's going to run Treasury and State whoa jkl Housing and Urban Development
02:35:25
for you what do you think would you do that could be press secretary no problem yeah be press secretary I will say I
02:35:35
have some empathy for jcal because I started thinking like if I had to put up with four years of kalot I would be like
02:35:41
as completely deranged as jcal was after Trump I'll be totally honest I I'm if you know my my issues with Trump have
02:35:48
always been around January 6 in the election denial which I think a lot are fair things to have an issue with him
02:35:53
and I I've said from the beginning I'm not down with comma and her being appointed you know if
02:36:01
anybody you know uh doesn't have character issues with Trump they have not been paying attention now I do
02:36:07
understand if you it's a binary choice you got to pick one and so I do get it and uh you know maybe people would be
02:36:13
surprised by my vote I don't know I mean you keep teasing it are you just gonna show us the ballot with Trump
02:36:21
I mean maybe I'll save it for another episode I don't want to be for two to you said you were gonna announce your
02:36:25
vote on ele Jason you can if if uh if it if it listen if you if you did vote for
02:36:31
Donald J Trump you can come to the inauguration January uh you know I I am my I do have concerns about you know
02:36:41
Trump's presidency when you hear Steve Bannon and some of these lunatics saying things like they want to deport 15
02:36:47
million people and that has to start tomorrow you do have to get worried is Trump going to listen to Elon is he
02:36:53
going to listen to Steve Bannon is he going to listen to saaks and yth or is it going to be these darker people
02:36:58
around do you think do you think Elon is is is fine with 15 million of course not
02:37:04
I know for a fact he's not yes of course not so the question is who does Trump listen to in you know you remember what
02:37:11
JD Vance said at the Allin Summit he start 1 million yeah criminal start with the criminals and you slowly work your
02:37:17
way I mean he's got a plan that seems different than Steve Bannon right I mean there's a whole cacophony of ideas that
02:37:26
I think Trump is going to have to Pi at the end of the day these people that are
02:37:29
in the country should not be the ones that are blamed for being here they were told they could come they there an open
02:37:34
border and now you have and they came from shitty conditions and they're looking for a better life and a
02:37:39
degree of empathy around the circumstances that all these people are dealing with is super important as we
02:37:44
tackle this really hard issue for the country so I don't want to just be like flippant and Blas about it
02:37:49
like got to kick people and how do we you know this is like these are people's lives and it's like really difficult
02:37:53
many of us were very fortunate to come to this country as well and start a new life here right three of the four
02:37:58
besties are immigrants Elon immigrant like we have a one of the best things about this we're all about immigrants
02:38:07
we're all about I'm not even an American citizen I American citizen but many of many of the people immigrant long many
02:38:13
of many of these you know labeled illegal immigrants came from far worse conditions than many of us and it's a
02:38:19
struggle to think about like how do you deal with the humanity let's just not be so flippant
02:38:23
about it right like yes yeah I'm not by way I'm not saying that about anyone I'm
02:38:27
just saying it's it's going to be a really hard issue to tackle I think I think that this is a very complicated
02:38:31
topic and I do agree that an enormous degree of empathy is required I think it's very straightforward though to um
02:38:40
stop what's happening at the border so that we don't we don't increase this problem um any and make it worse we need
02:38:49
to deport the criminals immediately no Brer um and then we need to work through a process that tries to humanely and
02:38:58
compassionately deal with the rest of the folks I think that that's straightforward now put that put that
02:39:03
issue to the side there's an enormous amount of other work that this Administration if it does turn out to be
02:39:10
a trump Administration can get done and I think that that um it is a refounding moment for the United States and the
02:39:17
reason I say that is that allows us to completely reset the expectations of administrative class of
02:39:26
people that I think fundamentally think they are better than many Americans and I have felt that on my
02:39:34
skin I take that a little bit personally probably maybe I'm being a little bit Petty when I say this and so if it does
02:39:40
turn out that Donald J Trump wins I'll be honest with you I um I I I'm excited okay so the speeches have started uh
02:39:52
Harris's campaign co-chair no no KLA Harris tonight he said she will not speak tonight she'll
02:39:58
talk she not speak tonight I see that's it everybody go home all right all right everybody it looks like
02:40:06
it's uh virtually guaranteed at this point that Trump is going to be the 47th president of the United States is that
02:40:15
right 47 47th 47th president of the United States is Trump gonna give his speech now or is he I'm on the thing
02:40:23
right now I haven't seen him yet but and Nick can you just tell us is saak goingon to be able to join again or no
02:40:28
he didn't answer my call and then put me on voicemail so I don't think so but I'll call him again I'm going home I'm
02:40:32
going to bed we'll call it all right everybody uh thanks for coming on harala Bob everybody um night guys harala Bob
02:40:39
thank you bro you guys enjoy you guys want to do a reflection on America on Election night sure Jam go ahead you
02:40:47
start see you guys ciao see you later goad freeberg yeah I guess we'll kind of figure it all out but tomorrow's
02:40:56
going to be uh feel like a very different day I mean you want me to show some tweets I saw
02:41:02
tonight that I thought were interesting that you guys could oh I want freeberg to actually share his opinion okay good
02:41:06
go free BR let's hear it I'm Prett you vote for free pretty tired you freeberg I voted for
02:41:14
RFK you're such a troll you did not vote for RFK you voted for Trump we know you don't like
02:41:27
socialism who does yeah um look I mean I think that for just just just speaking on the politics of what took place over
02:41:35
the past year and a half I think there there were for me like if you look back on the The Campaign that the opportunity
02:41:41
set that the Democrats had along the way they let the Biden thing go on too long
02:41:47
they should have run a speed primary 100% And the VP pick was off everything else seemed to be a pretty well executed
02:41:54
campaign I mean they had hard-hitting messages they were really clear but it seems like the messages just didn't
02:41:59
resonate as strongly as those from the Trump campaign and um yeah I mean it I I just
02:42:08
I just really worry about the idea of dropping all income taxes while spending keeping entitlements fully funded and
02:42:15
there's a there's a lot of big question marks ahead in the years in for the next
02:42:19
four years so buckle up shath any final thought her as we W what did freeb just say buckle
02:42:27
up no he didn't say anything tired it's a word salad it was a comma word salad yeah he's not afraid of what has been or
02:42:36
what could be he's don't be burdened by what he's not burdened by tonight's live stream or
02:42:43
what happens on December 7th at the Holiday Spectacular are you going to the inauguration Jam
02:42:51
y Jal you can be his plus one all right guys n will be my plus reflection well no she
02:42:58
invited me I'm her plus one so you've got a plus one plus one uh all right everybody uh we will oh
02:43:08
here we go um what uh oh Elon Musk from uh maral Lago made a huge difference that Trump
02:43:20
and Vance went on lengthy podcasts like Rogan Allen and Lex they appealed to normal to the normal person nothing
02:43:28
would do more damage to kamala's campaign than going on Rogan and hitting ARS two or three she would have
02:43:33
melted she would be a melted puddle of nonsense I mean I guess if we were to look at this the
02:43:41
fact that the Democrats could not field the candidate that would beat Trump who was who was incredibly unpopular as a
02:43:52
candidate speaks volumes U to how the Democrats are running their primaries in their
02:43:59
institution they need to do some serious soul searching as to why they kicked really successful people out of the
02:44:08
democratic party and why they don't have an inclusive tent I've never felt more included than by the Republican party I
02:44:16
have been a hundred ways courted by Republicans and zero from Democrats so I think they you know are doing a terrible
02:44:29
job of courting Silicon Valley technologists venture capitalists and and just builders in the country and we
02:44:36
heard that tonight from a number of people uh God Bless America and we'll see you all next time byebye love you
02:44:44
boys