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





