00:00:00
Jamal do you hear that freeberg got
00:00:02
busted looking at porn on his
00:00:03
computer no I did not you got busted
00:00:06
looking at porn you want to know what it
00:00:08
was yeah it was Elon of AES Wall Street
00:00:11
Journal off that it was I lost it oh man
00:00:15
was too good I think he was pleasuring
00:00:17
himself to that
00:00:20
off skin flute what happened you had to
00:00:24
go for a quick game of pocka pool how's
00:00:26
you oh my God it was it was too exciting
00:00:29
you were beating the bishop Allison came
00:00:31
in and just like wondering what was
00:00:32
going on she grabbed my computer she
00:00:34
looked at it and it was an
00:00:37
essay let your winners
00:00:39
[Music]
00:00:44
ride we open sources to the fans and
00:00:47
they've just gone crazy
00:00:49
[Music]
00:00:52
withen all right before we get to Doge
00:00:56
we got a little housekeeping a little
00:00:57
Housey housekeeping you know we're
00:00:59
getting into the holiday spirit here
00:01:00
it's Episode 205 we're in year 4 and
00:01:04
we're having a Christmas party it's
00:01:05
going to be great the Allin Holiday
00:01:08
Spectacular is happening in San
00:01:11
Francisco on Saturday December 7th I
00:01:15
think the VIP sold out there's still
00:01:17
some tickets left go to allin.com
00:01:19
events and uh if you can't make it to
00:01:22
San Francisco I think you can buy a a
00:01:24
ticket for $50 on uh on the uh Zoom I
00:01:28
think we're going to have it on Zoom is
00:01:29
that right am do I have my fact straight
00:01:31
there
00:01:32
freeberg yeah there's going to be a live
00:01:35
stream thanks to zoom for setting this
00:01:37
up for us it's kind of interesting
00:01:39
they're doing this thing where you could
00:01:41
you kind of you know get access to Live
00:01:43
Events so they're helping us get this
00:01:46
set up if you want to watch the the
00:01:47
stream live on Zoom anything's possible
00:01:51
it could be spicy true that true that
00:01:53
all right listen bestie Elon and bestie
00:01:56
V wrote an OP ED a barn burner in the
00:01:59
Wall Street Journal about Doge the
00:02:03
department of government efficiency and
00:02:06
they laid it out they want to cut
00:02:07
overbearing and unnecessary regulation
00:02:10
obviously they want to cut unnecessary
00:02:12
administrative roles save taxpayers
00:02:14
money they want to run it by Founders
00:02:16
not politicians helping the Trump
00:02:19
transition team find a way to hire quote
00:02:22
a lean team of small government
00:02:24
Crusaders team's going to work closely
00:02:26
with the White House Office of
00:02:27
Management and budget here's the plan
00:02:30
First Take Aim at 500 billion in annual
00:02:33
F Federal expenditures that are
00:02:35
unauthorized by Congress then fix the
00:02:37
government's procurement process by
00:02:38
conducting massive audits during
00:02:41
temporary payment suspensions this is an
00:02:43
interesting Playbook that Elon has done
00:02:46
before so basically suspend all the
00:02:49
payments and hey let everybody audit
00:02:52
those payments Drive change through
00:02:55
executive action based on existing
00:02:57
legislation rather than passing new laws
00:02:59
and two two scotus rulings are going to
00:03:01
play a major role here West Virginia
00:03:04
versus EPA that's when scotus ruled that
00:03:06
federal agencies can't impose
00:03:08
regulations dealing with major economic
00:03:11
or policy questions unless Congress
00:03:13
authorizes them to do so and Looper
00:03:15
brigh versus Rondo that's from 2024 and
00:03:19
that overturned the Chevron Doctrine we
00:03:20
talked about that on a previous episode
00:03:22
so according to Doge when combined quote
00:03:26
these cases suggest that a plethora of
00:03:29
current Federal Regulations exceed The
00:03:31
Authority Congress has granted under the
00:03:33
law do will use software and legal
00:03:36
experts to create a list of regulations
00:03:38
that Trump can immediately pause they're
00:03:40
going to make some sort of a leaderboard
00:03:42
Elon said
00:03:44
and vake said he would do he suspended
00:03:47
his existing podcast I didn't know he
00:03:48
had a podcast but he's doing a doge cast
00:03:51
a doge podcast and so freeberg this has
00:03:55
been you know a major issue for you you
00:03:57
you've been talking about on this
00:03:59
podcast
00:04:00
the unsustainable existential issue for
00:04:03
our country is all of the debt we have
00:04:08
what are the chances that this is going
00:04:11
to occur because obviously we all know
00:04:13
the machine is going to fight to
00:04:15
preserve the machine chances that we are
00:04:18
sitting here in four years and we've
00:04:19
seen meaningful Cuts in spending and a
00:04:22
meaningful reduction in size of the
00:04:24
government look it it Doge has probably
00:04:27
18 months to do what they can do before
00:04:31
the midterms and there's going to be an
00:04:33
inevitable amount of recoil and backlash
00:04:35
that's going to arise from the actions
00:04:38
that they're going to try and take and
00:04:39
president Trump's going to try and take
00:04:41
uh under the uh recommendations provided
00:04:43
by Doge um so they need to move fast and
00:04:46
aggressively and that's only going to
00:04:47
cause The Recoil to be harder and and
00:04:49
faster there's going to be a ton of
00:04:51
litigation obviously everything's going
00:04:52
to go to court it's going to be um
00:04:55
incredibly politicized what is
00:04:57
frustrating and challenging to me is
00:04:59
that there is nothing that they said
00:05:01
that doesn't seem obvious and right I
00:05:03
don't know how you can politicize the
00:05:06
points that they're making put aside
00:05:07
their party put aside who they are
00:05:08
individually put aside how we got here
00:05:11
at the end of the day this federal
00:05:13
government needs to be run more
00:05:15
efficiently more effectively it is
00:05:17
unfair and it is a tax on every one of
00:05:20
us to have money thrown away to have
00:05:22
wasted Capital to have bureaucracy that
00:05:24
gets in the way of people being able to
00:05:26
do their jobs it is a tax on all of us
00:05:29
and our kids and our future it needs to
00:05:31
be fixed if it doesn't get fixed as I've
00:05:33
said countless times before we are in an
00:05:35
arithmatic debt depth spiral there is no
00:05:39
way out of it so by resolving both the
00:05:41
inefficiency reducing the bureaucracy
00:05:43
stopping the wasteful spending having
00:05:46
accountability in the or in the
00:05:47
government we can actually get the
00:05:49
United States another 50 years a 100
00:05:52
years whatever long we want but we were
00:05:54
literally in a death spiral leading up
00:05:56
to this moment and I have no idea how we
00:05:58
ended up on this time timeline I was
00:06:01
over the moon and shocked when I read
00:06:04
all of the progress over the last couple
00:06:05
of weeks and putting this thing together
00:06:07
I did not know that this is where we
00:06:08
would end up I couldn't be more happy
00:06:09
with what I think is going to happen
00:06:11
with Doge and its effect on if not
00:06:13
actually making the changes shining a
00:06:15
light on the issues that need to be
00:06:16
addressed and I will say it is unfair to
00:06:19
Americans for this to be politicized the
00:06:22
Democrats shouldn't make this a
00:06:24
republican issue this is not about
00:06:26
Republicans doing damage this is about
00:06:28
doing the right thing for the government
00:06:30
for the country and the Democrats had an
00:06:32
opportunity to own this issue and
00:06:34
instead they've chosen to oppose it
00:06:35
which makes no sense it is frustrating
00:06:38
and challenging to me as an American to
00:06:39
think that this is even a political
00:06:41
point this should be a what's right for
00:06:43
America point it's almost like we're
00:06:44
going to war war with ourselves with our
00:06:47
bureaucracy with the morass that's been
00:06:49
built up over the last couple of decades
00:06:51
and I'm thrilled that this is happening
00:06:53
and frankly put the put the people aside
00:06:55
maybe it's the fact that you need people
00:06:57
that are as outspoken as challenging as
00:07:00
difficult as these two particular
00:07:01
individuals are going to run this group
00:07:03
but that might be what it takes for it
00:07:05
to happen in the small 18mon window that
00:07:07
they have so I don't know that's my rant
00:07:09
on it yeah great rant and uh we had a
00:07:11
Milton fredman clip go viral and he
00:07:14
spoke exactly about his positions on
00:07:17
what he would eliminate departments like
00:07:19
agriculture Commerce education let's
00:07:21
just play that clip and then there was
00:07:23
obviously the Malay interview by Lex
00:07:25
Freeman earlier this week keep them or
00:07:27
abolish them Department of Agriculture
00:07:30
abolish gone Department of Commerce
00:07:33
abolish gone Department of Defense keep
00:07:36
keep it Department of Education abolish
00:07:39
gone energy abolish Health and Human
00:07:43
Services there is room for some public
00:07:45
health activities to prevent uh uh
00:07:48
contagion will'll eliminate half of the
00:07:50
Department of Health and Human Service
00:07:51
okay one half there we go Housing and
00:07:53
Urban Development down done that's gone
00:07:56
Department of the Interior the problem
00:07:58
there is you first have to sell off all
00:08:00
the land that the government owns but
00:08:02
that's what you should do it could be
00:08:03
done pretty quickly you should do
00:08:06
Department of Justice oh yes keep that
00:08:08
one keep that one labor no gone State
00:08:12
keep keep it Transportation Gone Gone
00:08:16
the treasury you have to keep it to
00:08:19
collect taxes all right collect taxes
00:08:21
through the treasury sax you see that
00:08:22
clip you see the activity going on with
00:08:26
Doge do you think that the machine will
00:08:29
allow what Milton Freeman is describing
00:08:31
there what Javier Malay is doing in
00:08:34
Argentina and what Elon is proposing
00:08:37
with Doge do you think the machine's
00:08:38
going to
00:08:39
allow you know the
00:08:42
wholesale deleting of Department of
00:08:45
Agriculture Department of Education at a
00:08:47
federal level and move all that stuff to
00:08:48
the states what do you think's going to
00:08:50
happen here and how hard will the
00:08:53
machine fight back against this in your
00:08:55
mind because hey you might have some
00:08:58
Republicans some Democrats they fought
00:08:59
really hard to get jobs to get subsidies
00:09:02
to put in factories whatever from the
00:09:04
federal government are they going to
00:09:05
just give that all back the clip is from
00:09:08
1998 by the way Sach your
00:09:10
thoughts well that Milton Freeman clip
00:09:13
as great as it is I mean it really is
00:09:15
outstanding is setting expectations a
00:09:18
little bit too high here I mean we're
00:09:19
not going to be able to wipe out entire
00:09:21
major Departments of the government that
00:09:23
are cabinet level positions I don't
00:09:25
think that's in the cards what mil
00:09:27
Freeman's basically describing as a
00:09:28
night Watchman State and I don't think
00:09:30
we're going to get back to that however
00:09:33
if you look right now at the opinions on
00:09:38
the Legacy Media msdnc CNN all that kind
00:09:41
of stuff they are forecasting that doge
00:09:44
is going to amount to nothing they're
00:09:45
basically saying that the powers that be
00:09:47
in Washington are going to rejected
00:09:49
completely there's somehow going to be a
00:09:50
falling out between Elon and djt they're
00:09:53
just very cynical gjt and then you have
00:09:56
people who are not
00:09:59
necessarily dismissive in that way in
00:10:03
the media but just kind of longtime
00:10:05
Wasington insiders who feel like they've
00:10:07
seen it all before and nothing ever
00:10:09
happens and so they're just very jaded
00:10:10
and cynical so I would say that you know
00:10:13
again I wouldn't have the expectations
00:10:15
of the Milton Freeman level but I think
00:10:16
that the expectations for Doge right now
00:10:18
are being set incredibly Low by the
00:10:21
media and by the Washington insiders and
00:10:24
I think there are good reasons to
00:10:25
believe that the results will surpass
00:10:28
those those low
00:10:30
expectations number one is you've got
00:10:33
Elon Musk running this thing with fa and
00:10:36
Elon understands better than anybody the
00:10:38
impact of delarius regulations on
00:10:41
business so he can really put a
00:10:43
microscope on that he's got the largest
00:10:45
speech platform in the world with x the
00:10:47
largest account on X and he's also built
00:10:50
a get out the vote operation that he
00:10:54
funded in the last election that he's
00:10:56
promised to keep around and potentially
00:10:58
expand so his influence hopefully is not
00:11:02
going anywhere he's going to be able to
00:11:03
keep using that to help keep politicians
00:11:08
on side here right yeah so that's number
00:11:11
one is no one's ever made money betting
00:11:13
against Elon Musk and I don't expect
00:11:15
that to start right now number two is
00:11:17
you got V who is co-head with Elon of
00:11:21
this thing and I think he's a perfect
00:11:23
partner for Elon because V first of all
00:11:26
he's a brilliant guy with a lot of
00:11:27
success in business but he's also a
00:11:30
Harvard trained lawyer he's a brilliant
00:11:31
legal mind and I think you could see in
00:11:34
that oped I suspect the parts that were
00:11:36
citing all those Court decisions were
00:11:38
his influence and so they figured out a
00:11:40
legal road map here it's not just a
00:11:43
matter of kind of going to Congress and
00:11:46
hoping Congress acts they've got a way
00:11:48
here sequentially to do this through the
00:11:50
executive branch through executive
00:11:52
orders going through the court system
00:11:54
they've kind of got a game plan here
00:11:55
that's not entirely reliant on
00:11:57
legislation so I think think
00:12:00
the's influence and and sort of legal
00:12:04
strategic mind is a is a big asset here
00:12:07
and then I think the third reason to be
00:12:08
optimistic is just the fact that this
00:12:10
was printed on the Wall Street Journal
00:12:12
oped page is suggestive in and of itself
00:12:16
what this shows is that this Doge effort
00:12:20
is I think uniting both the kind of
00:12:22
populist reformers and the establishment
00:12:25
types within the party if Elon and aake
00:12:29
were're trying to get a mandate for no
00:12:31
more Forever War I don't think the Wall
00:12:32
Street Journal will be publishing that
00:12:34
right just would not happen so there are
00:12:36
are reasons to believe that this will
00:12:38
not actually divide the party that the
00:12:40
party could building yeah could be yeah
00:12:43
now look every congressman and every
00:12:45
Senator is still going to advocate for
00:12:48
their pork barrel project in their
00:12:50
District or their state and it's going
00:12:51
to be very hard to push back on that
00:12:53
however you could imagine a process like
00:12:55
we had with the base closure commission
00:12:57
when the United States needed to close a
00:12:59
bunch of military bases and they created
00:13:01
a an outside commission to recommend the
00:13:03
cuts and everyone kind of shared the
00:13:05
pain equally maybe do could somehow play
00:13:08
into that for trade a bit yeah so I'm
00:13:10
not saying it's going to be perfect but
00:13:12
I do think that if
00:13:14
Republicans share a principle across
00:13:17
again both these establishment and the
00:13:19
populace side it would be in reducing
00:13:22
unnecessary regulation and the number of
00:13:26
regulators needed the number of
00:13:28
government employees needed to enforce
00:13:29
all those regulations so I'm hopeful
00:13:31
that they'll be able to get something
00:13:32
done within the party and since the
00:13:34
Republicans have the trifecta if they've
00:13:37
got Trump's leadership and they've got
00:13:39
the leadership of the Senate and House
00:13:41
backing it I think they'll be able to
00:13:42
get something done again it's not GNA be
00:13:44
it's not gonna be Milton Freeman level
00:13:46
but I'm optimistic they'll get something
00:13:48
good and important done I think the
00:13:50
easiest thing for them to get done with
00:13:52
doge is the naming the shaming the
00:13:54
auditing the transparency of what we're
00:13:57
actually spending because so many of the
00:13:59
audits Jam off are just not completed
00:14:02
people don't know what's being spent and
00:14:04
if you show Americans a $112,000 hammer
00:14:07
or people with job titles not coming
00:14:09
into the office or coming into the
00:14:11
office one day a week one day a month
00:14:14
that's going to infuriate taxpayers and
00:14:16
I think there's a very easy way to
00:14:17
navigate all this you just create the
00:14:19
leaderboard and you not only shame
00:14:21
people who are wasting our tax dollars
00:14:23
you celebrate the people who are heroes
00:14:26
Who start showing frugality and cost and
00:14:29
they're going to do this with a
00:14:30
leaderboard of the heroes and the goats
00:14:32
this could be the unifying not just the
00:14:34
Republican party as as sax is pointing
00:14:36
out shof I think this could unify the
00:14:38
whole country is there anybody paying
00:14:40
taxes that wants to see money wasted
00:14:43
that wants to see us pay people high
00:14:44
salaries to not come to work shath
00:14:47
what's your take on the sequence of
00:14:48
events here what are easy layups that
00:14:52
they could actually get done and then
00:14:54
where is the machine going to fight and
00:14:56
try to stop this thing I think you
00:15:00
are highlighting something that they can
00:15:01
do right away which I think is very
00:15:03
powerful which is just using these
00:15:05
distribution channels that Elon has now
00:15:08
to create a massive layer of
00:15:11
accountability I do think that Sunshine
00:15:14
is a really incredible disinfectant I
00:15:17
think the best way that they could start
00:15:19
if possible is to stop paying their
00:15:23
vendors until you actually have some
00:15:25
amount of accounting to figure out as
00:15:27
you said how many $600 soap dispensers
00:15:30
are actually being bought and sold now
00:15:33
that kind of whatever you want to call
00:15:35
that corruption or grift it's not going
00:15:37
to account for hundreds of billions or
00:15:40
trillions of dollars but I do think that
00:15:43
it is a very moral and symbolic win that
00:15:46
says we're going we're going to start to
00:15:47
get much more rational and it starts to
00:15:52
allow the average American to actually
00:15:54
feel like they have a little bit of
00:15:56
control and they have a more vested
00:15:58
interest
00:15:59
in how the governments M but I want to I
00:16:02
actually want to take a step back for a
00:16:04
second and before I talk about what Doge
00:16:06
can do I just want to highlight
00:16:08
something that's been going on in
00:16:10
California because I think it it
00:16:11
explains a lot in California and I'm
00:16:14
just going to read this St because it's
00:16:15
incredible the regulatory burden in
00:16:19
California as a state from 1997 to 2015
00:16:23
this is when the data is available that
00:16:25
I found has increased by almost 50%
00:16:30
as of May of
00:16:32
2022 there are almost
00:16:36
61,000 individual regulations in the
00:16:39
state of California so what does that
00:16:42
mean and where does it come from and
00:16:45
Nick if you can just put out the tweet
00:16:46
it has happened over a period of time in
00:16:50
which the government has been the
00:16:54
absolute singular source of employment
00:16:58
in the
00:16:59
state and we talked about this before
00:17:02
where this is also a problem at the
00:17:04
federal level when you look at GDP and
00:17:06
job growth because it looks like a lot
00:17:08
of these jobs are actually fake
00:17:10
manufactured government type jobs so why
00:17:12
is this a problem you've seen in
00:17:14
California the issue that we have is
00:17:16
that if you
00:17:17
have a growth in the number of employees
00:17:20
in this case in California all the job
00:17:22
growth in recent memory has been state
00:17:25
employees what is the byproduct
00:17:27
regulations go up what is the byproduct
00:17:30
of that there are actually no private
00:17:31
sector jobs and more to the point the
00:17:33
private sector flees so now let's bubble
00:17:36
that up and look at the federal
00:17:38
government Nick if you want to just show
00:17:39
that chart that I that I sent you what
00:17:42
is incredible jcal is that the more
00:17:45
people are hired by the
00:17:46
government lo and behold what do you see
00:17:49
the number of regulations issued by
00:17:51
federal agencies has just continued
00:17:54
unabated year in year out you cannot run
00:17:58
a country like
00:18:00
this
00:18:01
so these accumulate right Congress is
00:18:04
doing less and less of a job actually
00:18:07
trying to frame how the country should
00:18:08
work that white space is filled in as
00:18:11
freeberg said by these federal agencies
00:18:14
it compounds and accumulates this is not
00:18:17
replacing laws none of these regulations
00:18:19
have expiry dates and so as a result I
00:18:23
think what you probably have is an
00:18:25
incredible restraint on the US economy I
00:18:28
think that the US economy could be
00:18:31
growing at four or
00:18:33
5% but the reason that it doesn't grow
00:18:35
at four or 5% is in that one single
00:18:37
chart it is impossible to be able to
00:18:40
live up to your economic potential when
00:18:43
you have this burden on your neck so I
00:18:46
think the real opportunity for doge is
00:18:49
to basically do whatever it needs to do
00:18:52
using the law to wipe as many of these
00:18:55
regulations off the books we are better
00:18:59
cutting them all to zero and then
00:19:01
finding the ones we really need and then
00:19:03
repassing those then we are going at
00:19:06
this peace meal and there's some incred
00:19:09
there's some incredible ideas by the way
00:19:10
that this creates Nick I don't know if
00:19:13
you can find this tweet but Doge asked
00:19:15
what people think of the
00:19:17
IRS and there was an enormous amount of
00:19:20
activity that essentially said give us a
00:19:22
flat tax and wipe out the tax
00:19:25
code and people were very flexible in
00:19:28
the of tax that they were willing to pay
00:19:30
but could you imagine the
00:19:32
simplification in the tax code and the
00:19:34
implications of that I was in Singapore
00:19:36
by the way 10 days ago when I started my
00:19:38
trip Nick beep out the name of the
00:19:40
person I'm about to say but I had a long
00:19:42
meeting with who you know is there and I
00:19:46
was asking him the
00:19:48
complexity of dealing with taxes he's
00:19:51
like what do you mean we don't we pay a
00:19:53
very simple tax system there's no
00:19:55
capital gains in Singapore and so as a
00:19:56
result our filing requirements are diim
00:19:59
small but as a result people like him
00:20:02
meaning great entrepreneurs can spend
00:20:05
all their time thinking about what to
00:20:06
build not how not tax optimization
00:20:09
exactly not or how to account for it so
00:20:12
could you imagine if these guys
00:20:13
basically use Doge as a mechanism to
00:20:16
shrink the tax code create a flat tax
00:20:19
potentially I know that that has to be
00:20:20
passed by Congress I understand that but
00:20:24
the idea of just cutting this all the
00:20:27
way down and then finding through that
00:20:29
process what you actually need I think
00:20:32
can find America 100 200 basis points of
00:20:36
GDP growth it could be an economic
00:20:38
Renaissance I mean just to build on that
00:20:40
cutting all the regulations to zero you
00:20:42
might have throw out some babies in the
00:20:45
bath water so why not put a clock on
00:20:46
them and just say whenever this was
00:20:48
enacted plus five years and then it
00:20:51
rolls off or plus two years whatever
00:20:53
number of months and then you could have
00:20:55
them Cham rolling off every month to be
00:20:59
but it I think that's a good idea but
00:21:01
Jal I think you first have to cancel all
00:21:03
these regulations and then say whatever
00:21:06
we need we will reenact P your point on
00:21:08
a five-year shock clock that then has to
00:21:10
be renewed in a new Congressional period
00:21:13
And I think that that's extremely
00:21:15
healthy well because you know what
00:21:16
people die paradigms shift and then
00:21:19
nobody even remembers these regulations
00:21:21
you have to do archaeology to figure out
00:21:22
who created this what was the intent and
00:21:25
you would never do that you would never
00:21:26
live Sachs with all of these rules
00:21:29
forever just one last comment In
00:21:31
fairness to these government
00:21:33
employees the one thing is that it's not
00:21:35
their fault right meaning in the sense
00:21:37
that they were hired into a regime where
00:21:40
the incentive was to regulate so that
00:21:43
you had things to oversee and so they
00:21:46
did their job in fact I would say they
00:21:48
did their job incredibly well but the
00:21:50
point is that now we need to Pivot for
00:21:51
them to do a totally different job well
00:21:53
chath I'll hand this over to free
00:21:55
freeberg freeberg if you were to get R
00:21:59
rid of regulations as somebody working
00:22:00
in the government you might work your
00:22:02
way out of a job so the incentive is
00:22:04
completely perverse and revers to what
00:22:07
we actually need in the country Which is
00:22:09
less regulation more thoughtful
00:22:11
regulation and some process by taking
00:22:12
these things on and off the books and
00:22:14
adapting them to reality yeah this is
00:22:17
where I
00:22:18
think I think we've talked about this
00:22:20
many many times in the past but like all
00:22:22
organizations have a natural tendency to
00:22:24
grow they they want to grow they're not
00:22:26
yes like find me one nonprofit or find
00:22:29
me one University or find me one company
00:22:32
or one government agency that's ever
00:22:34
said my job is to shrink myself it's
00:22:37
never happened so why does that happen
00:22:40
well if you look at the like daytoday
00:22:42
operating role of each individual over
00:22:45
time like all individuals they want to
00:22:47
do more they want to have a bigger
00:22:48
impact they want to have more scale they
00:22:50
want to have more leverage so there's
00:22:52
this natural set of incentives that
00:22:53
drives a lot of choices and operating
00:22:55
procedures on the ground that create
00:22:57
more
00:22:59
more scale more leverage and drive more
00:23:01
hiring everyone wants to become a
00:23:03
manager of people they don't want to
00:23:04
just be doing the same IC job forever
00:23:06
individual contributor job forever so if
00:23:08
they want to be a manager they got to
00:23:10
find more stuff to do and then they got
00:23:11
to hire people to do that stuff so all
00:23:13
of these organizations whether again and
00:23:15
we've all been on Boards of nonprofits
00:23:17
I'm sure and we've all been involved in
00:23:19
this sort of thing there's always this
00:23:20
like incentive to raise more Capital to
00:23:22
hire more people to do more stuff that
00:23:24
sort of it's really unclear until you
00:23:26
really dig into the psychology of each
00:23:28
individual a person working there why
00:23:29
this is happening I don't think that the
00:23:31
federal government is any different each
00:23:33
of these people feel they want to be
00:23:34
more important they want to have a
00:23:36
bigger role they want to have a bigger
00:23:39
impact J if your job direct
00:23:42
directionally is to regulate then what's
00:23:44
the scaler on regulation more regulation
00:23:47
so therefore to do more you have to
00:23:49
regulate more there's no regulator that
00:23:51
says I want to regulate less over time
00:23:53
because we've created a system that's
00:23:55
one directional so you have to have
00:23:57
these resets if you don't have them
00:23:59
naturally they're going to happen
00:24:00
unnaturally in the form of social unrest
00:24:03
and breakdowns of the economy and
00:24:05
collapse of social structures all these
00:24:06
other things that happen way way down or
00:24:08
as chamat is pointing out in California
00:24:10
in the economic structure of California
00:24:12
which I think is happening on a kind of
00:24:14
national scale because of the outsid
00:24:15
role the federal government plays in our
00:24:17
national economy here today so so you
00:24:20
have to have these unnatural forces come
00:24:22
in and and do this Readjustment from
00:24:23
time to time otherwise it's just going
00:24:26
to break on its own and mle in Argentina
00:24:30
has basically I don't know a year or an
00:24:33
18-month head start on us and has been
00:24:35
doing this he did a great podcast with
00:24:37
Lex
00:24:38
pedman they translated it actually they
00:24:40
dubbed it which is kind of interesting
00:24:43
technology and in this discussion they
00:24:47
talked about reducing the Ministries
00:24:49
agencies from 20 to 8 they fired 50,000
00:24:52
government workers 15% of the total
00:24:54
Workforce there were 341,000 when he
00:24:57
started they implemented daily
00:25:00
deregulation process to remove
00:25:01
inefficient policies so they just do
00:25:03
that day in and day out they ended
00:25:05
discretionary payments to provinces and
00:25:07
cities that restored Market driven
00:25:08
utility prices no more subsidies yada
00:25:11
yada y Right Down the Line sax your
00:25:14
thoughts
00:25:15
on how many months it will take to do
00:25:19
this and there's this this discussion
00:25:21
and I don't know if that's from inside
00:25:23
the Trump administration of hey we got
00:25:25
to get this done in 18 months we got to
00:25:27
get this done in 18 months What can you
00:25:28
tell us about the the sense of urgency
00:25:30
about getting this done
00:25:32
quickly and and why that's occurring
00:25:36
well I think Elon and V have announced
00:25:38
that Doge will be sunsetting or
00:25:41
disbanding at the 250th anniversary of
00:25:45
America which would be July 4th of
00:25:49
2026 so they've only given themselves
00:25:51
about what's that 18 months yep which
00:25:54
kind of makes sense right that's leading
00:25:56
into the midterms right right exactly
00:25:58
you tend to have the most momentum
00:26:01
coming off an election like this one
00:26:02
where you have the trifecta so I think
00:26:05
it makes a lot of sense that they're
00:26:06
going to be able to have the greatest
00:26:08
impact let's say in the first year after
00:26:10
the new president of Congress gets sworn
00:26:13
in how do you get Democrats in on this
00:26:15
sax how do you push them to join the
00:26:18
party to to join the movement to be more
00:26:21
efficient to be more transparent is
00:26:23
there a possibility for us to get some
00:26:26
coordination here with the other side or
00:26:27
no
00:26:29
you might be able to get some support of
00:26:30
particular Democrats on particular
00:26:32
things I don't want to say that it's not
00:26:35
possible difficult but not not
00:26:38
impossible but look I think what melee
00:26:41
has done in Argentina is remarkable I
00:26:43
mean that was a country that was a total
00:26:45
basket case inflation was out of control
00:26:48
it's already because of the cuts he's
00:26:50
made they now have a more normal
00:26:52
inflation rate and they've gone from
00:26:54
basically being uninvestable to
00:26:57
investable as as a country now the
00:27:00
United States is not the basket case
00:27:02
that Argentina is but we are on an
00:27:04
unsustainable fiscal trajectory doge is
00:27:07
also not going to have the power that
00:27:08
mle has it's not going to have the
00:27:10
degrees of freedom to act but we also
00:27:12
don't have as big a problem what we need
00:27:14
to do is just bend our fiscal curve from
00:27:17
being unsustainable to being sustainable
00:27:20
and if we can do that it'll have a huge
00:27:21
impact on the economy specifically what
00:27:25
we saw in the last election the thing
00:27:26
that probably hurt the Democrat the most
00:27:29
was inflation voters clearly do not like
00:27:32
inflation they do not like the
00:27:33
diminishment of their purchasing power
00:27:36
but how do you stop inflation you have
00:27:37
to raise interest rates and that's not
00:27:39
good either because that raises the cost
00:27:41
of a mortgage that raises the cost of a
00:27:43
car payment is bad for investment right
00:27:46
because if interest rates are higher
00:27:48
then that means the discount rate on
00:27:50
stocks and real estate on every
00:27:52
investment class basically is higher and
00:27:56
the hurdle rate for Investments higher
00:27:58
so high interest rates are also bad for
00:27:59
the economy so how do you get out of
00:28:01
that box where you either have high
00:28:03
inflation or high interest rates the
00:28:04
only way is to bend the fiscal curve to
00:28:07
that more sustainable path and if you
00:28:10
can and if you can do that the bond
00:28:12
markets will actually give you credit
00:28:13
for it in advance because they know
00:28:17
because they know that they're not GNA
00:28:18
be flooded with the need to keep funding
00:28:21
all of this US Government debt so we
00:28:24
either get to kind of you know startups
00:28:27
have the saying by being either default
00:28:28
alive or default Dead We either get to
00:28:30
default sustainable or default
00:28:32
unsustainable right now we're
00:28:33
unsustainable the bond markets know it
00:28:35
inflation remains persistently high
00:28:37
around 3% the FED has not been able to
00:28:40
cut interest rates the way that they
00:28:42
expected to remember the markets were
00:28:44
expecting seven Cuts this year we got
00:28:47
basically three we got a 50 and a 25 so
00:28:49
it's just hasn't been the cuts that
00:28:51
people were expecting and that's because
00:28:52
inflation hasn't come down as much as
00:28:54
people thought so if Doge working with
00:28:58
the rest of the government om the
00:29:00
treasury Congress executive orders can
00:29:02
now convince the markets that the US
00:29:05
Financial picture is more sustainable
00:29:07
we'll get credit for that interest rates
00:29:09
will come down and that'll lead to a
00:29:11
boom in the economy so it's all win-win
00:29:14
if they can pull this off prre any final
00:29:17
thoughts here before we move on from
00:29:19
Doge wishing Elon and v as much success
00:29:23
as possible we've really I mean
00:29:25
everybody should be rooting for this you
00:29:27
want to give us your final
00:29:30
thoughts I feel like America is Neo from
00:29:34
The Matrix where there was like a
00:29:37
thousand bullets being shot at America
00:29:39
and we like literally had to dodge every
00:29:42
single one of them in order to get to
00:29:44
this this point I again I am so shocked
00:29:47
and surprised in a positive way that we
00:29:51
ended up on this particular timeline
00:29:53
look everything had to go the way it
00:29:54
went for this to have happened Biden
00:29:56
decided to run for re-election Biden
00:29:59
stayed in too long they didn't run a
00:30:01
primary they put kamla in Elon got off
00:30:04
the fences switch parties Elon decided
00:30:06
to throw 100 million bucks at the
00:30:08
problem Elon bought
00:30:10
Twitter China had a real estate bubble I
00:30:13
mean you can go down the list of things
00:30:15
that had to go right for us to get to
00:30:17
this very moment where a small group of
00:30:19
people have recognized the fiscal death
00:30:23
spiral that the United States federal
00:30:25
government has been in and have the
00:30:28
Authority and the capacity and the skill
00:30:31
to be able to go and execute against a
00:30:33
solution I have no idea how this could
00:30:36
have been architected maybe saak knew
00:30:38
all along and I convinced him two years
00:30:40
ago that this was how things had to go
00:30:42
and he's been designing it like emper
00:30:44
talking about Ray doio in the end of the
00:30:46
empire for three years podcast maybe you
00:30:48
did it freeberg we remember when when we
00:30:50
talked with doo about this he's like
00:30:52
been hand and also around the the
00:30:56
relationship with China which I think
00:30:57
this is all very tightly related we may
00:31:00
have dodged a lot of bullets and and if
00:31:03
the United States can get its house in
00:31:04
order reduce federal spending while
00:31:07
increasing um economic activity uh it
00:31:10
can be a tremendous unlock for the US
00:31:13
and for world pieace so because again I
00:31:16
think that conflict arises when when we
00:31:17
don't have our own fiscal housing order
00:31:20
and so I feel very positive more more
00:31:22
surprised and positive than I was a year
00:31:25
ago six months ago it's just amazing
00:31:27
we're on this timeline and I do think
00:31:28
the United States as Neo dodged a lot of
00:31:30
bullets here absolutely fre I told you
00:31:32
everything was proceeding as I had
00:31:35
foreseen the emperor you know what
00:31:37
happened to the tenure and Elon and VI
00:31:39
wrote that essay I actually don't what
00:31:41
happened yields contracted by five basis
00:31:43
points you know what the value of that
00:31:45
is couple billion 15 billion per year
00:31:49
yeah yeah so so I think that it was
00:31:51
probably a hundred billion doll essay
00:31:54
just writing it I think you will find
00:31:57
that this doge is quite
00:32:02
operational I mean it I think it's got a
00:32:05
chance I mean if you I just wish it
00:32:07
weren't political right I I want I want
00:32:09
all I want all Americans and Democrats
00:32:11
to stand up and say this is the right
00:32:13
thing for the United States forget about
00:32:15
the fact the problem the essay saved us
00:32:18
a 100 billion just the essay
00:32:23
here you're going to have to be very
00:32:25
strategic true about how they detailed
00:32:28
what they're doing pick the the Doge
00:32:30
team's just going to have to be very
00:32:31
strategic to pick things that are
00:32:33
consensus building that don't make
00:32:36
people feel like this is going to grind
00:32:38
the poor more and make the rich richer
00:32:40
that's the expectation that's going to
00:32:42
be the negative framing on this I
00:32:44
predict which is just a bunch of Rich
00:32:46
guys making Cuts talking their books
00:32:48
making cuts for things that are their
00:32:50
pet projects their Investments they have
00:32:53
to come out and not make it that they
00:32:54
have to make it here's inefficiency
00:32:56
here's inefficiency here's inefficiency
00:32:58
and a great way to do that would be to
00:32:59
say the efficiency gains and the tax
00:33:02
cuts are going to go to people making
00:33:04
let's say under
00:33:05
$250,000 these are not and these cuts
00:33:07
are not being made just to make the rich
00:33:09
richer that's going to be the
00:33:11
framing you think that don't you think
00:33:13
that that's going to happen no matter
00:33:14
what what which part of it that they're
00:33:17
going to say that no matter what so I I
00:33:19
actually disagree with the first part of
00:33:20
what you said I agree with you that the
00:33:23
media the mainstream media will try to
00:33:24
characterize this as hurting the poor
00:33:27
agree and I'm not sure yet whether still
00:33:30
or not yeah but I think the first part I
00:33:32
disagree with is I don't think they
00:33:34
should operate towards consensus I think
00:33:36
that they should do what's right well
00:33:39
you could do what's right and you could
00:33:40
start with things that are the most
00:33:41
wasteful like if you start cutting kids
00:33:44
lunches or pel grants or you start
00:33:48
cutting people's jobs to in healthcare
00:33:51
education that people perceive are
00:33:53
helping people I think you're going to
00:33:56
just feed into this narrative that it's
00:33:58
a way to cut taxes on rich people and
00:34:01
you know what you do need to build
00:34:02
consensus how does that cut taxes on
00:34:04
rich
00:34:05
people if you cut regulations and a
00:34:08
bunch of our companies benefit from it
00:34:10
just to be self-aware the framing is
00:34:13
already that this is an effort for
00:34:16
companies that we invest in to have less
00:34:20
regulation to make the equity holders in
00:34:22
those companies more Rich you have to
00:34:24
make sure that the hold on have to make
00:34:26
sure the saving is for all Americans and
00:34:29
that all Americans benefit from it and
00:34:30
the way they benefit it the best framing
00:34:32
they could do is your taxes are going to
00:34:34
be lower because you're not wasting your
00:34:36
tax dollars if they can keep to that not
00:34:39
hey we're moving regulations so that our
00:34:41
companies I to be honest biger being a
00:34:44
hairdresser requires more regulation
00:34:45
than being any one of most of my
00:34:47
companies so I actually think it benefit
00:34:50
I think it benefits other people way way
00:34:52
more than it benefits me and you have to
00:34:54
show it is my point show it that's the
00:34:56
point is you have to show people that
00:34:58
you're doing this for everybody not just
00:35:00
for the people on this podcast and our
00:35:02
friends that's going to be the key what
00:35:04
sham just said is so important there's a
00:35:06
great interview I've mentioned this in
00:35:08
the past between Tim Ferris and Charles
00:35:10
KO from a couple years ago where he
00:35:11
brings up this exact example yes about
00:35:14
how regulatory burdens make it difficult
00:35:16
for women to become hairdressers it's
00:35:18
like $7,000 so they don't have the
00:35:20
capital to do that because of the
00:35:21
regulatory burden to get there think
00:35:23
about building building your home or you
00:35:26
know like let's say you want to change
00:35:27
put shower in your bathroom change the
00:35:29
shower in your bathroom you don't want
00:35:31
to spend $115,000 on all the permitting
00:35:33
regulatory stuff to make that happen
00:35:35
it's going to unlock value for everyone
00:35:37
that's a small example of kind of a
00:35:38
regulatory problem but this benefits
00:35:40
everyone and the cost of Transportation
00:35:42
will come to communicate that you have
00:35:44
to be able to communicate that and
00:35:47
that's where using platform but show up
00:35:52
perfect job of communicating this to
00:35:53
people and that's the Playbook freeberg
00:35:55
that's my point people are going to
00:35:57
fight this you have to convince them you
00:35:59
have to show them that this is helping
00:36:01
every can we just agree that there okay
00:36:03
but that's different than how you
00:36:04
started you said only work on consensus
00:36:06
projects I age no I didn't say that I I
00:36:08
think you have to highlight those do
00:36:10
them first I said do those first make
00:36:12
sure that people understand this is to
00:36:13
save them money I'm not saying that you
00:36:15
don't change regulations for spaceships
00:36:18
and self-driving cars as well but you
00:36:20
have to make sure you show people that
00:36:22
this can benefit them or else they're
00:36:24
going to just fight it and and that's
00:36:26
it's going to be the whole all this
00:36:27
effort will be for not if you if you get
00:36:30
a bunch of Republicans sacks Who start
00:36:32
fighting this and you have a splintering
00:36:33
in your party because they feel like
00:36:35
this is in helping their local
00:36:36
constituents this whole thing could be
00:36:38
for not that that's my that story that
00:36:41
you told is going to be told by the
00:36:43
Legacy Media and all the haters and the
00:36:46
enemies regardless of what Elon do I
00:36:50
don't think so I think win people
00:36:53
over you show people you show people
00:36:56
haters you're not going you show I'm
00:36:58
talking about the public who votes we
00:36:59
already won the election now is the time
00:37:01
to implement when you show people
00:37:03
$22,000 you know Hammers and wasted
00:37:06
money you will get a 100% of Americans
00:37:09
backing this not 60 minut been doing
00:37:11
that for 30 years nothing's happened we
00:37:13
got to just act now yeah act and bring
00:37:16
people along with Communications I mean
00:37:17
if you got if your communicate poorly
00:37:20
great go for it yeah I'm not saying that
00:37:22
communication isn't part of the job in
00:37:24
fact this whole conversation started by
00:37:26
us talking about an oped
00:37:28
that Elon and V wrote correct they lay
00:37:31
out in which they're laying out their
00:37:32
objectives and they're doing podcasts
00:37:34
and Elon has the biggest platform in the
00:37:37
world and biggest following so I just
00:37:39
don't think communication is going to be
00:37:40
the problem but you're also not going to
00:37:41
be able to convince everyone and you
00:37:44
know we've already won the election and
00:37:45
now is the time to figure out very
00:37:47
strategically how to implement as much
00:37:48
as possible be humble by two million
00:37:51
votes keep it in mind you have to bring
00:37:53
everybody along okay you know what if
00:37:54
the media was fair it would have been 20
00:37:56
million votes for Trump to have won
00:37:58
under these circumstances and he won the
00:38:01
trifecta it's impressive nobody saying
00:38:05
it's not minimize it I'm not minimizing
00:38:07
it I'm just saying be aware there's 74
00:38:09
million people who are rooting against
00:38:11
Trump and I think getting some them on
00:38:14
that's not true that's not true I think
00:38:16
there's a decent number of people who
00:38:17
are probably very upset that you know
00:38:20
Trump won just like last time they were
00:38:21
upset that Biden won including all
00:38:24
Americans in this is the most virtuous
00:38:26
thing you can do I think it's der I
00:38:29
think I think it's deranged the idea
00:38:31
that 74 million people are actually
00:38:32
rooting against him I don't think that
00:38:34
that's true I they feel good that they
00:38:36
lost people don't feel good about losing
00:38:39
bringing those people on board is
00:38:41
virtuous dude there's already a shi in
00:38:43
the country have you seen the Trump
00:38:45
Dance I mean there's been such a sh
00:38:48
let's see it let's see it I'm not going
00:38:49
to do it right now but there's been such
00:38:51
a huge Vibe shift the energy is so
00:38:54
optimistic right now
00:38:58
the energy right now is incredible and I
00:39:01
think people are feeling much more
00:39:02
optimistic can you imagine what a downer
00:39:03
would have be if like we were expecting
00:39:06
president KLA Harris to take the oath of
00:39:08
office it would be a downer it would be
00:39:09
a downer to me if they were still
00:39:12
pushing a 7.2 trillion dollar federal
00:39:14
budget next year it that would be a
00:39:16
downer and by the way I think that
00:39:18
there's a deeply linked relationship
00:39:20
between social issues economic issues
00:39:23
political policies and foreign conflict
00:39:27
they all seem like they're four
00:39:28
different things but they're so tightly
00:39:30
interwound and it's interesting how
00:39:33
everything kind of moves together with
00:39:34
the shift in who ended up winning
00:39:37
winning this election cycle and I think
00:39:39
it really speaks to the relationship
00:39:41
between the four well by the way there's
00:39:43
a great meme that was floating around
00:39:45
where it showed a photo of trump Elon
00:39:50
Bobby Kennedy and tulsey Gabbert and it
00:39:52
said that all four of the field used to
00:39:54
be Democrats yep yep you know demat in
00:39:57
it I tweeted that it used it used to be
00:40:00
that that Democrats were Progressive
00:40:02
Progressive means progress looking
00:40:04
forward and the last decade the last
00:40:07
couple years in particular I think a lot
00:40:08
of people that I know that are former
00:40:10
Democrats jamat you can speak for
00:40:12
yourself feel like the Democrats stopped
00:40:14
looking forward and it was all about
00:40:16
trying to
00:40:18
like and grievance and victim culture
00:40:21
and all of a sudden you've got guys like
00:40:22
Elon promoting themselves as Republicans
00:40:25
highlighting that it's all the this is
00:40:27
the party that looks forward this is the
00:40:28
party that drives progress it's an
00:40:30
amazing
00:40:31
shift I don't know if there's been
00:40:33
anything like it that's happened this
00:40:34
quickly I voted more to make America
00:40:37
great again than I did vote for being a
00:40:40
republican I I think that the Republican
00:40:42
party right
00:40:43
totally is is less important than it's
00:40:46
ever been and I think Maga is more
00:40:47
important than it's ever been I agree
00:40:50
and I'd say the biggest RIS of the whole
00:40:51
agenda probably is not the Democrats
00:40:54
it's actually some of these old Bulls in
00:40:56
Cong
00:40:58
who are anti- Maga for some reason Trump
00:41:02
is the one who just won the trifecta he
00:41:04
just won this big election if you stick
00:41:07
with the old Republican message you're
00:41:08
just a shorefire loser so give Trump his
00:41:12
due as the leader of the party realize
00:41:14
it's now a magga party and let's get
00:41:16
some things
00:41:17
done if the reform agenda fails to be
00:41:20
frank it probably is not going to be the
00:41:22
Democrats it's probably going to be
00:41:24
these holdouts in the Republican party
00:41:26
for it yeah yeah yeah that was my
00:41:29
question earlier I think I asked it
00:41:30
twice I didn't get anybody to engage in
00:41:32
it how do you convince them how are they
00:41:34
being brought on board to this if they
00:41:36
have all this pork barrel spending is
00:41:37
there a strategy there or do you have a
00:41:39
strategy I think saak laid it out which
00:41:41
is that if you use the combination of
00:41:43
the carrot and the stick I think the
00:41:45
carrot
00:41:46
is creating
00:41:48
transparency and I think the other part
00:41:51
of the carrot is you'll have now an
00:41:54
extremely well-funded pack that can
00:41:56
support people who are on board with
00:41:59
this agenda but the stick is if you
00:42:02
don't I think that if Elon makes this a
00:42:04
really concerted long-term part of his
00:42:06
strategy then I think you should run
00:42:08
candidates who actually are aligned with
00:42:10
the agenda that the make America great
00:42:13
again movement wants so I think that's
00:42:16
the carrot and stick Jason which is like
00:42:18
some of these old Republicans will have
00:42:19
to decide do I basically help invest in
00:42:23
a renewal of the American Spirit or do I
00:42:25
keep pushing back because I like the way
00:42:26
it was and want to go to war and I want
00:42:29
to Cozy up to these lobbyists I think
00:42:30
those folks are going to have a very
00:42:33
tough four and eight years because I
00:42:35
think you'll see a bunch of magga
00:42:37
candidates rising up to run against them
00:42:39
everywhere in the United States as you
00:42:41
can see my Young Apprentice your friends
00:42:44
have failed now witness the Firepower of
00:42:47
this fully armed and operational battle
00:42:50
station man I said be humble like three
00:42:53
times it's none of it sinking in huh no
00:42:56
I just explained I explained the risk I
00:42:59
I've been very clear you're not going to
00:43:00
get Milton Freeman okay you're not going
00:43:02
to get Javier Malay what we can
00:43:03
hopefully get is a bending of the curve
00:43:05
toward
00:43:06
sustainable I'm setting my expectations
00:43:09
to be realistic okay I mean breaking
00:43:11
even would be great if we do just
00:43:13
weren't adding to the debt that would be
00:43:15
amazing look if if if the federal budget
00:43:18
gets to three
00:43:20
trillion and regulation gets cut if you
00:43:22
get 50% of the regulation in federal
00:43:28
agencies cut I think you unleash an
00:43:30
economic Sonic Boom I'm all in I think
00:43:34
it's the greatest thing that could ever
00:43:35
happen my gosh could you imagine America
00:43:38
clocking in regat I mean how much are
00:43:41
you guys stuck with companies zero I'm
00:43:44
dealing with regulatory the regulatory
00:43:47
stuff is brutal man it's like it's legit
00:43:50
brain like melting sh tell me your
00:43:53
number one regulatory frustration we
00:43:55
could go around the horn this is a topic
00:43:57
actually I don't have any I think I'm
00:43:59
very blessed to work in an industry
00:44:01
that's very light with regulation I
00:44:02
think it affects many many other
00:44:04
industries that if they were Unleashed
00:44:07
could contribute to American G
00:44:09
Construction I also think regulations
00:44:12
are very regressive because they touch
00:44:14
poor and middle inome people way more
00:44:17
than it touch folks like me rip these
00:44:20
regulations out two regulations that do
00:44:23
affect you crypto regulation and capital
00:44:26
formation both of those things are they
00:44:28
haven't hurt me they haven't hurt me
00:44:30
this my point you but they definitely
00:44:32
are the economy right I can snap a
00:44:35
finger and raise a couple billion
00:44:36
dollars that is not it's so I'm in a
00:44:37
unique position and I and I recognize
00:44:39
that what is much harder is if you're
00:44:42
trying to be an electrician if you're
00:44:44
trying to be a hairdresser if you're
00:44:45
trying to be a massage therapist when
00:44:46
you have to spend 15 20 30% of your
00:44:49
salary on lure why totally why do we
00:44:53
need these stupid rules if if you're a
00:44:55
person that's trying to like construct
00:44:57
home why does it take six and eight
00:44:59
weeks to get permits approved why and
00:45:02
there are no good answers for these
00:45:03
things so forget about me like it
00:45:05
doesn't matter about me but the mainline
00:45:07
part of the United States economy as I
00:45:09
said before is a coiled spring if you
00:45:12
get rid of those regulations it
00:45:14
disproportionately impacts middle inome
00:45:17
and lower middle inome jobs this is why
00:45:19
if you if you see if you see GDP if
00:45:22
America clocks in GDP at four to four
00:45:25
and a half percent
00:45:27
watch out folks Sonic Boom watch out
00:45:30
I'll give you two really simple ones
00:45:32
allowing everybody in the United States
00:45:34
to participate in company formation
00:45:37
would change everything 95% of the
00:45:40
company cannot participate in investing
00:45:42
in startups or any you know new compan
00:45:47
czy the accreditation L I think more
00:45:50
massive freedom to operate just freedom
00:45:52
to do stuff you want that's what it is I
00:45:53
mean you're free to go to Vegas and
00:45:55
gamble you're free to you know play you
00:45:58
know online you're free to buy Bitcoin
00:46:01
you're not free to buy you are free to
00:46:03
buy Bitcoin you can buy Bitcoin you can
00:46:05
yeah but you're not afraid to create a
00:46:06
token right there should be some clear
00:46:09
path of Regulation I think there's many
00:46:11
more traditional forms of economic
00:46:13
growth that we can have before we need
00:46:15
to make icos legal and easier I I want
00:46:19
to say something I think that the person
00:46:20
that runs for governor in California
00:46:23
should commit to cutting those 65,000
00:46:27
regulations down to 10,000 as
00:46:30
needed to replacing the DMV with a
00:46:33
digital app and to cut taxes to near
00:46:37
zero and to create school choice whoever
00:46:40
does that incredible will create a
00:46:42
Renaissance in California it's the fifth
00:46:43
largest economy in the world folks and
00:46:47
it can be a bellweather for the rest of
00:46:48
the world well you know there there's a
00:46:50
lot of scuttlebutt online that Nicole
00:46:52
Shanahan's going to run for governor of
00:46:55
California and I'd be in favor of that I
00:46:58
would say that of all the political
00:47:00
personalities involved in the election
00:47:03
over the past year she gets my most
00:47:05
improved award I remember when like
00:47:07
Bobby named her to his ticket I was a
00:47:09
little bit skeptical of that choice
00:47:11
because of some of the causes that she
00:47:12
had identified with or donated to in the
00:47:14
past but she I think has ended up being
00:47:18
a star she's pretty based she's a star
00:47:20
yeah totally I mean she's she's red
00:47:22
pilled and ended up
00:47:23
supporting Maha and Maga and I don't
00:47:27
think we're going to get anyone better
00:47:29
in California so if she's willing to do
00:47:31
it and take it on that'd be awesome SX
00:47:33
what about you you don't want you don't
00:47:35
want that that
00:47:36
Mansion that'd be a significant
00:47:38
downgrade for me I about to say you took
00:47:40
the joke right out before I got to it
00:47:42
damn it that was such an easy one yeah
00:47:45
you could live in the governor's mansion
00:47:47
also known as smer than your guest
00:47:49
house that would be your backup man cave
00:47:52
well actually that's happened people
00:47:53
have in New York I remember one of the
00:47:55
governors was like yeah yeah you know
00:47:57
I'm good I don't need to live in the
00:47:58
Mansion where do you want to go next
00:48:00
boys we we have other things on the
00:48:01
docket would you like to go to our war
00:48:04
correspondent would you like to go
00:48:06
Chrome Google breakup would you like to
00:48:07
go Nvidia where would you like to go
00:48:09
World War III I think is important sax
00:48:11
you put World War II on the docket would
00:48:13
you like to te it up for us yeah sure
00:48:16
well there's a several events that have
00:48:18
happened in reasonably close succession
00:48:20
the the first thing to understand is
00:48:21
what's happening on the ground in
00:48:23
Ukraine the ukrainians been losing
00:48:25
territory and Accel ating Pace there's
00:48:27
an excellent graphic in the New York
00:48:29
Times that I'll put on the screen that
00:48:31
shows this is not a stalemate remember I
00:48:33
said on this
00:48:34
podcast six months or a year ago that it
00:48:37
was no longer a stalemate it was a war
00:48:39
of attrition in which the ukrainians
00:48:40
were now losing and every single month
00:48:43
now the Russians are taking more and
00:48:44
more territory again the curve is
00:48:46
accelerating we had all invest in a
00:48:47
business who had a growth curve that
00:48:48
looked like this so not good news for
00:48:50
the ukrainians in response to that I
00:48:53
think that's fundamentally the condition
00:48:54
on the ground that's created the next
00:48:56
set of actions which is the Biden
00:48:58
Administration finally approved the use
00:49:01
of longrange missiles attack's missiles
00:49:03
storm Shadows to hit territory deep
00:49:06
inside of Russia the Russians believe
00:49:09
and I don't know whether this is true or
00:49:10
not but what they say is that those
00:49:11
weapons cannot be operated without
00:49:15
Americans or
00:49:16
British operators being there to you
00:49:19
know they're too complicated for the
00:49:20
ukrainians just to use on their own so
00:49:22
they the Russians view this as not just
00:49:25
a direct attack on their Homeland on
00:49:28
their motherland but also a direct
00:49:31
involvement by the NATO allies United
00:49:34
States and Britain in the war and that
00:49:38
is a big
00:49:39
escalation you know a lot of people say
00:49:41
that the Russians have all these red
00:49:43
lines we keep Crossing them and they
00:49:45
don't do anything that's not true if you
00:49:46
actually listen to what the Russians
00:49:47
have said there's only been two red
00:49:49
lines the first red line was they said
00:49:52
they would not accept NATO expanding to
00:49:54
Ukraine and they proved their
00:49:57
seriousness on that issue by invading
00:49:59
Ukraine in February of 2022 the second
00:50:02
red line is they said that they would
00:50:04
not accept American long-range missiles
00:50:07
being used to Target inside of Russia
00:50:11
and that line has now been crossed so
00:50:12
this leads us to the next set of events
00:50:15
which is Russia just used what may be
00:50:19
some people are saying it's an ICBM but
00:50:21
it probably is more likely to be not an
00:50:24
InterContinental but an intermediate
00:50:26
range
00:50:27
ballistic missile that hit a Ukrainian
00:50:31
City and it's obviously it didn't carry
00:50:34
a nuclear payload but it's the type of
00:50:36
of ballistic missile that is used to
00:50:38
carry nuclear weapons there are a couple
00:50:41
of features of this that I think are
00:50:43
really important number one it's a
00:50:44
Hypersonic missile it hit the target at
00:50:47
something like mach 10 what that means
00:50:49
is that it just can't be intercepted
00:50:51
it's too fast the the west and the
00:50:53
United States in particular does not as
00:50:55
far as we know have a tech techology to
00:50:57
intercept a Hypersonic missile like that
00:50:59
the second is that it had what's called
00:51:01
a
00:51:02
MV Warhead or payload MV is multiple
00:51:07
independently targeted re-entry Vehicles
00:51:10
basically what it means is the Warhead
00:51:11
splits up right when it gets close to
00:51:14
the ground it splits into six separate
00:51:16
warheads and the reason for this is I
00:51:18
understand it is diabolical again it's
00:51:20
just if you're launching nuclear weapon
00:51:23
it just makes it that much harder to now
00:51:25
intercept it because now you've got six
00:51:27
Warheads hitting you instead of just one
00:51:30
so I
00:51:31
mean as I understand a missile like this
00:51:33
has never been used before and what the
00:51:35
Russians are doing obviously is sending
00:51:37
us a signal and what that message is is
00:51:40
that they're saying we have the means to
00:51:42
hit any European city or any European
00:51:46
asset with a Hypersonic missile that you
00:51:49
can't stop that may or may not have a
00:51:52
nuclear warhead attached to it and is
00:51:56
it's just a way of them expressing their
00:51:58
seriousness and displeasure and and and
00:52:01
reacting to and escalating in response
00:52:02
to the fact that we are now allowing
00:52:05
Western missiles to be hitting targets
00:52:07
deep inside of Russia so the bottom line
00:52:10
is this war is escalating it's
00:52:11
escalating nowhere good and at some
00:52:14
point soon yeah it's really we're gonna
00:52:16
have to get off of this escalatory
00:52:18
ladder to or we're going to end up in a
00:52:21
really disastrous place and just the
00:52:23
last final point is it's absolutely
00:52:25
remarkable that Biden decided to take us
00:52:29
to this place with what just 6 weeks
00:52:31
left in his term completely I mean as a
00:52:33
lame duck president what is his mandate
00:52:35
for doing that for taking this
00:52:37
extraordinary risk on behalf of the
00:52:39
country the voters just voted for Trump
00:52:42
who made it really clear he wanted to
00:52:44
end the war and Biden and his team have
00:52:46
unilaterally now escalated this war they
00:52:48
did it without consulting with Trump's
00:52:50
team at least that's what was publicly
00:52:52
reported is there was no briefing set up
00:52:54
for Trump's transition team
00:52:57
so you have here Biden his team taking a
00:52:59
unilateral action to expand and escalate
00:53:01
this war even when he's a lame duck
00:53:03
president and the question you have to
00:53:05
ask is why what is the point of this
00:53:07
well I think it's just completely
00:53:08
deranged because it's not just that for
00:53:11
forget Biden and Trump for a second if
00:53:14
you take a step back what was voted in
00:53:18
was to end this war and for the United
00:53:21
States to get our hands out of it so you
00:53:25
couldn't have a clear message to the
00:53:27
sitting president in the white house
00:53:28
which is this is not what Americans want
00:53:31
and so to basically ignore the will of
00:53:34
the voters and to essentially go and
00:53:36
push another country into the brink I
00:53:38
think is so incredibly responsible and
00:53:41
you know other times we've said in the
00:53:43
past take Donald Trump seriously but not
00:53:47
literally Russia you should take
00:53:49
seriously and
00:53:51
literally because they actually write it
00:53:54
down for you and tell you and so when
00:53:56
they said Every Act of aggression from
00:53:59
now on is going to be viewed by us on a
00:54:01
lookth through basis to the actual
00:54:03
country that is enabling this to happen
00:54:06
you couldn't be more clear but Americans
00:54:08
couldn't have been more clear which is
00:54:09
we don't want this war
00:54:11
anymore and I just think it's really
00:54:13
deranged what the Biden White House is
00:54:15
doing it's incredibly Dangerous by the
00:54:17
way not to mention it's incredibly
00:54:19
costly as well I mean we've had like
00:54:21
some last minute efforts to sort of Tamp
00:54:23
down on these last minute budget
00:54:24
approvals and whatnot but we're talking
00:54:26
about tens and hundreds of billions of
00:54:27
dollars that we're giving on top of the
00:54:29
risk of of nuclear escalation I just
00:54:32
think it's absolutely crazy it's
00:54:34
absolutely crazy Putin is not a dummy he
00:54:38
has heard and seen Trump's campaign
00:54:42
rhetoric and sax I don't know if this is
00:54:47
this has been publicly reported that he
00:54:48
had a call with with Trump after the uh
00:54:51
the election Victory does Putin not see
00:54:54
that in a couple of weeks a couple
00:54:56
months there will be new leadership in
00:54:59
the white house and there's going to be
00:55:00
a path to a resolution
00:55:02
here like does that not give us all a
00:55:04
little bit of reprieve that this is not
00:55:06
going to escalate because everyone's
00:55:08
waiting for January 20th oh I mean for
00:55:10
sure I mean thank goodness I would say
00:55:13
that we have a new president coming in
00:55:14
who does not own this War I mean the
00:55:16
problem with Biden is that he completely
00:55:19
owns this war and he does not want to
00:55:20
admit defeat and so what you've seen is
00:55:23
that over the last couple of years every
00:55:25
weapon system that Biden said he
00:55:27
wouldn't give to Ukraine because it
00:55:29
could literally cause World War III
00:55:30
these are Biden's words he said it could
00:55:32
be Armageddon if we gave Ukraine f-16s
00:55:35
it could be Armageddon if we gave them
00:55:36
Abrams Tanks it would be Armageddon if
00:55:39
we gave them himars and attacks and
00:55:42
could lead to World War III if we let
00:55:43
them hit targets inside of Russia these
00:55:45
are Biden's words and he has basically
00:55:48
given in on every single one of those
00:55:49
points because he's so committed to this
00:55:52
policy right he's he's in the Quagmire
00:55:54
he can only double down he doesn't to
00:55:56
extricate himself and now we don't know
00:55:59
exactly what KLA Harris would have done
00:56:00
but I think probably she would have
00:56:02
inherited Joe bid's policy and likely
00:56:04
continued it and I think we have a
00:56:06
wonderful opportunity here with Trump
00:56:07
taking office he doesn't own this policy
00:56:10
he can look at it with fresh eyes and
00:56:12
most importantly he campaigned on ending
00:56:14
the war so he has the Mandate of the
00:56:16
American people to stop it all I can say
00:56:19
is thank goodness and we just need to
00:56:21
get through the next two months we just
00:56:22
need to get to January 20th without
00:56:24
there being some new horrible escalation
00:56:27
in this
00:56:30
war he's B Joe Biden is marting galing
00:56:33
that's his strategy for the Ukraine
00:56:36
Russia War just keep doubling down and
00:56:38
doubling down down oh yeah do you want
00:56:39
to explain what that is oh yeah sorry
00:56:41
Martin giling is a strategy in gambling
00:56:44
where let's just say you know you start
00:56:46
betting a dollar and you lose your next
00:56:48
bet is $2 doll if you lose your next bet
00:56:50
is $4 if you lose your next bet is $8
00:56:53
and eventually you'll win once is the
00:56:55
theory
00:56:56
but there's many times where
00:56:58
Mortin but you only WI a
00:57:00
dollar so you could be betting you know
00:57:04
80 you know 40 bucks 80 bucks $160 $320
00:57:08
and then you finally win and you win a
00:57:09
dollar right or or you go broke that's a
00:57:12
great analogy because you can also go
00:57:14
broke right this is why they have caps
00:57:16
at the roulette table one time I would
00:57:19
do this that's why all casinos have a
00:57:21
Max yeah exactly so I would do this as a
00:57:23
joke with my wife or when I was at the
00:57:24
world serice a poker i' be like I'll go
00:57:26
pay for dinner or lunch or whatever and
00:57:28
I put $100 on black lose put 200 on
00:57:31
black win go pay for lunch and I did it
00:57:34
one time with the WSOP and I went 100
00:57:37
200 400
00:57:39
800600 I ran out of cash I got 3,200
00:57:41
from my friend I put it down the floor
00:57:44
man came over and said that's your last
00:57:45
bet oh no my buddy and I my budy and I
00:57:48
would if you do this yeah in our college
00:57:52
Years early 20s we would go to drink for
00:57:54
free at the casino you just sit at the
00:57:55
blackj table
00:57:57
just table and watch your drink this was
00:58:00
this was a long time ago happened last
00:58:02
year I would well I mean if you bet a
00:58:03
dollar then you bet two bucks you can
00:58:05
just keep drinking for free for like two
00:58:06
or three hours then go out and enjoy
00:58:08
your night you've made 15 bucks and call
00:58:10
it did I tell you about the losing a
00:58:12
million dollars playing roulette
00:58:15
no me Nick you got to beep up the names
00:58:19
me it was me and and oh you did tell me
00:58:24
this you did tell me this yeah this is
00:58:25
so good says guys I've developed a
00:58:27
system it's full oh
00:58:29
no that's always what happens before you
00:58:32
lose a million somebody says that it's
00:58:34
like we need to risk a million we can
00:58:36
win like two or
00:58:38
three and it's like
00:58:40
99.996%
00:58:42
so so I say to them so are you really
00:58:45
telling me that we just have to fade
00:58:48
0.004% chance of like total loss and he
00:58:51
says yep well guess what hit the 4% shot
00:58:58
me totally and and it was devastating I
00:59:01
just kept looking at this thing like
00:59:03
what just happened he's like oh we lost
00:59:05
yeah and I was like there it is folks
00:59:07
never again I've never gonna play
00:59:08
roulette again I think the gambling
00:59:10
analogies are the right analogies
00:59:12
because I look I'm not saying World War
00:59:13
II is going to happen I've never said
00:59:14
World War II is going to happen I'm
00:59:16
saying that there's a risk of World War
00:59:17
II and I don't need the risk to be very
00:59:19
high to be very worried about it because
00:59:21
it would be such a disaster outome right
00:59:24
totally exactly so I want to minimize
00:59:26
risk of Ruin I want to exactly I want
00:59:28
there to be hopefully a zero risk of
00:59:30
that but you know what's interesting is
00:59:32
remember just like a week or two ago
00:59:35
president Trump made that trip to DC and
00:59:36
he met with Biden in the Oval Office and
00:59:38
Biden had this he was like all smiles
00:59:42
and I'm everyone's like wondering why is
00:59:44
he so happy and the speculation was that
00:59:48
he somehow wanted to Common a lose or
00:59:50
something but now you think back on this
00:59:53
he must have known he was about to
00:59:54
authorize this decision
00:59:56
so what he's doing here he's grin he's
00:59:59
grin Trump he knows he's about to give
01:00:02
Trump this horrible hand right he's
01:00:04
about to make this situation in Ukraine
01:00:07
so much worse so that Trump will have to
01:00:09
inherit this mess that is like the
01:00:11
definition of
01:00:13
grin yeah he definitely knew more than
01:00:16
that picture L on because a the
01:00:18
interpretation of that picture was they
01:00:20
are getting along he's being super
01:00:22
gracious what an incredible gesture it
01:00:25
just looked like
01:00:26
yeah he promised a smooth transition of
01:00:28
power and then we find out that he
01:00:30
didn't confer with his successor about
01:00:33
this
01:00:35
extraordinarily meaningful decision to
01:00:37
escalate the war escalation yeah it's
01:00:40
like that's just crazy it's crazy you
01:00:44
guys want to do science corner I got one
01:00:46
for you yeah yeah it all right your
01:00:49
super fans are desperate for a science
01:00:51
Corner give him one freeor give him
01:00:52
something all right I will give you guys
01:00:55
something here here's a depressing paper
01:00:58
that was published in the journal Nature
01:01:01
just this week research team out of
01:01:04
Switzerland going over to the Swiss
01:01:06
where they are conducting extraordinary
01:01:09
research in the epigenetics of fat cells
01:01:13
in oh so we're going to Fat shame me on
01:01:15
the uh science Corner go ahead great no
01:01:17
we're actually going to understand
01:01:19
perhaps why it is difficult for people
01:01:21
that have been overweight yes to keep
01:01:24
the weight off I did read this and I I
01:01:27
think it's fascinating yeah explain it
01:01:28
it is it is really incredible so
01:01:30
remember we've talked about this many
01:01:31
times in the past but every cell has
01:01:33
your whole all your DNA all your genes
01:01:36
and certain genes are turned on or off
01:01:39
in different cells and those genes being
01:01:42
on or off differentiates those cells and
01:01:44
causes them to act differently that's
01:01:46
the difference between an eye cell and a
01:01:48
skin cell and a heart cell is they have
01:01:50
different genes that are up regulated
01:01:51
down regulated turned on and turned off
01:01:54
and even when you have different kinds
01:01:55
of cells you have certain genes that are
01:01:56
overexpressed or underexpressed or over
01:01:58
regulated up regulated or down regulated
01:02:00
so that means that those genes are
01:02:02
turning pumping out certain proteins
01:02:04
that do certain things in that
01:02:06
particular cell so what these folks did
01:02:09
is they wanted to understand what is the
01:02:12
EPO meaning what are the genes that are
01:02:14
turned on or off or up regulated or down
01:02:17
regulated in fat tissue in fat
01:02:21
cells and does the epigenome change when
01:02:26
an individual loses weight so once
01:02:29
they're obese and they lose weight do
01:02:32
the fat cells actually change their
01:02:34
epigenome or do they have an epigenetic
01:02:37
memory meaning that those cells even
01:02:39
though the person has lost weight those
01:02:40
cells still continue to act as if that
01:02:43
person were obese so I'll tell you in
01:02:45
humans they basically took five
01:02:47
individuals that were obese and lost
01:02:50
more than 25% BMI and they looked at the
01:02:53
epome they looked at the markers of what
01:02:55
genes are UL and down regulated before
01:02:57
and after they lost the weight after
01:03:00
they lost the weight there were a set of
01:03:01
markers that were still upregulated that
01:03:04
are associated with poor metabolism an
01:03:07
increased fibrosis and increased
01:03:09
cellular death so these are inflammatory
01:03:11
genes these are genes that are
01:03:12
associated with the cells being
01:03:14
inefficient at utilizing glucose to
01:03:16
create energy and so these cells
01:03:18
contined to act like slow dying cells
01:03:22
even after the person lost weight and
01:03:24
they did the same thing in and they
01:03:26
found similar results that they caused
01:03:29
these mice to gain weight looked at the
01:03:31
epome of the fat cells and then looked
01:03:33
at the epigenome after they lost the
01:03:34
weight and again the mouse epigenome
01:03:37
continued to act as if the mouse was
01:03:39
obese and what this means is that the
01:03:42
metabolism remained reduced fibrosis
01:03:45
remained elevated and likelihood of cell
01:03:47
death remained elevated so now they
01:03:49
applied glucose in a Petri dish to those
01:03:51
cells and they saw that the glucose had
01:03:53
a harder time being fully being
01:03:56
appropriately utilized from a healthy
01:03:58
fat cell that hadn't been obese so it
01:04:01
actually permanently alters and creates
01:04:04
an epigenetic memory in the fat cells
01:04:06
after obesity and this could explain
01:04:09
pretty significantly why when people
01:04:12
that have been obese lose the weight
01:04:14
they are more likely to gain the weight
01:04:15
back and have a hard keeping the weight
01:04:17
off you're referring to yes and that
01:04:19
makes total sense because anybody who's
01:04:22
added weight chth if that you add but
01:04:25
you know you eat one extra Oreo a week
01:04:28
that's 3,500 calories you do that over
01:04:31
20 years all of a sudden you wake up one
01:04:32
day you're 20 30 pounds overweight like
01:04:34
I was three or four years ago and this
01:04:35
is why I think OIC and wovi and mouro
01:04:38
and all these things are so great
01:04:39
because it does seem like it breaks you
01:04:41
through that
01:04:42
no the problem but we we do see in all
01:04:45
those results that when you go off of
01:04:46
The glp1 Agonist drugs you gain the
01:04:50
weight back very quickly this is some
01:04:51
amount of yeah not the total amount it's
01:04:54
a pretty significant bounce back effect
01:04:56
so and this is pretty well
01:04:59
documented and so I think that it speaks
01:05:01
to the why now it also introduces an
01:05:04
opportunity there are molecules that can
01:05:06
turn certain genes on or off can now be
01:05:08
identified and utilized to change that
01:05:11
epigenetic memory so now flip that
01:05:13
switch in
01:05:15
addition exactly this could arise from
01:05:17
things like increased exercise it turns
01:05:19
out that when you do significant amounts
01:05:21
of cardiovascular exercise there are
01:05:23
certain genes that are expressed that
01:05:25
trigger gen to switch on or off and so
01:05:28
we can start to identify those
01:05:29
particular
01:05:31
molecules and produce either supplements
01:05:34
or additional drugs or combo therapies
01:05:38
that can both knock the weight off and
01:05:40
keep it off by changing we tic memory in
01:05:42
those cells wow and so it introduces a
01:05:45
whole new class of opportunity for folks
01:05:47
to explore how do we help folks that are
01:05:49
obese lose the weight and then flip the
01:05:51
switch that they can keep the weight off
01:05:52
I've been doing rocking this is like the
01:05:55
old man activity that Peter AA and these
01:05:57
guys are all put weights on and you like
01:05:59
go walk I wear a I I started with a 10
01:06:02
pound weight vest now I'm at 35 pounds I
01:06:04
I do a mile and a half hike every day
01:06:06
with 35 pounds on man I fall asleep
01:06:09
immediately and the the amount of
01:06:11
intensity that puts on your body you do
01:06:14
it right before you go to bed no no I do
01:06:16
it anytime during the day but I'm just
01:06:17
saying it's it's I'm I'm focused on four
01:06:19
things right now with my health diet
01:06:22
sleep exercise meditation and I I try to
01:06:25
do four each day but the rucking
01:06:27
specifically in this Zone 2 stuff is
01:06:29
what they say 40 50y olds should focus
01:06:32
on so that's what I'm focused on but
01:06:34
that rucking man does it make your whole
01:06:36
body strong I highly recommend it it's
01:06:38
really transformative my meditation is
01:06:40
reading Doge ESS for chamath popatia
01:06:44
German dictator 8090 he's running a
01:06:47
software company services company great
01:06:49
look at you in the driver's seat David
01:06:51
fredberg your suant of science working
01:06:54
on ohal and the architect the Rainman
01:06:58
yeah definitely David sax from Craft
01:07:01
Ventures and maybe it's going to be
01:07:03
involved in Doge I I wouldn't be
01:07:05
surprised if we see a sax Doge uh hook
01:07:08
up in the future I don't know I'm taking
01:07:09
a guess here I am your host here Jason
01:07:14
calanis we'll see you all on December
01:07:16
7th live or in person by the way did you
01:07:19
guys Holiday Spectacular did you see
01:07:21
this tweet from Brian Johnson he tweeted
01:07:24
out all of his blood levels this is
01:07:26
incredible I love this guy look at these
01:07:29
results they're incredible if he can
01:07:31
break this down into like a turnkey
01:07:33
thing that normal folks like us can
01:07:37
follow for people who don't know what
01:07:40
this kid's doing is he is spending like
01:07:43
$3 million a year or something to that
01:07:45
effect on his own personal health
01:07:47
documenting it sharing it everything
01:07:50
from sleep to his bone density
01:07:53
everything is an open book and uh he's
01:07:55
made some products out of it as well so
01:07:56
you you can you can eat his pudding too
01:07:58
if if you're interested in it but I
01:08:00
don't think it's as good as how do you
01:08:01
follow his regimen you know what I mean
01:08:03
like it just seems too hard you can't
01:08:05
have a job I mean he's doing it's like
01:08:06
he's got two jobs right now doing all
01:08:08
this stuff his biomarkers are showing
01:08:09
he's 10 years younger than his actual
01:08:11
biological
01:08:12
age dude look at some of these results
01:08:15
his his speed of Aging he says his
01:08:17
birthday now happens every 19 months
01:08:21
what
01:08:23
the freeberg
01:08:26
I mean freeberg do you you look at what
01:08:28
do you think here science uh from a
01:08:30
science perspective any thoughts on all
01:08:31
this well I think his nighttime erection
01:08:33
rate is pretty impressive not three
01:08:35
hours and8 minutes for a nighttime
01:08:37
erection that is he reading is he
01:08:40
reading uh Elon and V's opad colum what
01:08:44
slowly he's reading it very
01:08:47
slowly wow he's got a 240 lb bench press
01:08:50
and an 800 lb leg press Jesus he looks
01:08:54
like he's dead though though that's the
01:08:55
only problem with he's so pale sax has
01:08:58
got to go djt online too we'll see you
01:09:02
all next time on the love byee love
01:09:07
you let your winners
01:09:10
ride Rainman
01:09:14
David and instead we open source it to
01:09:17
the fans and they've just gone crazy
01:09:18
with it love you queen of
01:09:24
[Music]
01:09:28
besties
01:09:29
are that's my dog taking your
01:09:35
driveway oh man myit meet we should all
01:09:39
just get a room and just have one big
01:09:40
huge orgy cuz they're all useless it's
01:09:42
like this like sexual tension that they
01:09:44
just need to release
01:09:45
[Music]
01:09:51
somehow we need to get merch our
01:09:56
[Music]
01:10:01
I'm going all in
