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