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What organization in the world is more corrupt than the Donald Trump White House? The answer is boing, FIFA.
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Hi everyone, this is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Carara Swisser. Scott is
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off today, so I brought in the one and only Anthony Scaramucci, the mooch, podcaster, founder of Skybridge Capital,
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and author of the upcoming book, which is getting a lot of kudos, All the Wrong Moves. And I think I gave you a blurb,
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Anthony, didn't >> I got a blurb out of Hey, listen. >> I never give blurbs. You know that.
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>> I got to I got to, you know, I had to use the crowbar, ladies and gentlemen, to get the I pivoted on pivot. I had to
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use the crowbar to get the blurb out of her, but it worked. >> All right, but so be honest with me. You
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were at Taylor Swift wedding, were you? >> Well, I'll be really honest with you and
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tell you I would have liked to have been invited to Taylor Swift's wedding because when you look up in the
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dictionary named dropping and starfucking, there's a picture of me. >> But alas, I was not invited to her
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wedding. It >> it made no sense the invitations. I mean, I got the dancers and everybody
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else like her all her friends and her cousins and everything, but the celebrities were just odd. It was so
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they were some of them were obvious like you know Bradley Cooper and those kind of people but an you know like Adam
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Sandler being the the the officient was interesting. It was such a it was such a
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dog's breakfast of celebrities. It was fascinating. What do you think? >> Well, what I love about it is it was
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original and it was true to whatever they wanted to do. You know, at the end of the day, it's your wedding. Have at
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it. >> Yeah. >> And they they went crazy. I mean, I one time got married with a lot of fanfare
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in a Roman Catholic church. The second time I got married, dear and I got married in our living room. So, I mean,
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you know, you it's a it's a time in their lives. They're both first time married. I wish them nothing but great
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success with their their marriage. But, you know what? If you don't mind, I'm going to give them a shout out because
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they did list 20 charities and I'm on the board of City Harvest, which is one of the largest food banks in the
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country, if not the largest, and they gave a million dollars to City Harvest. So, uh, God bless them for doing that
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because we have a lot of food insecure people in our great city car. >> Yeah. Yeah. They gave a bunch Dolly
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Parton. They gave a bunch to all these like amazing They gave $26 million, which is 13 times too, if you're a
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Taylor Swift person. Um, which is her favorite number. But it was really interesting that it what was interesting
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is how they handled it. I was going to compare it to the Bezos wedding. I wanted to be fair, but for some reason
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that one felt awful and this one cracked me up. And I don't know why the difference because it was obviously an
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over-the-top wedding. Um it was directly in the middle of New York City which I loved. And of course they did it to
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protect them at Matt You've been to Madison Square Garden a hundred times, right? Presumably.
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>> Yeah, I know. Madison I consider Madison Square Garden one of my homes. I'm a
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Nick and a Ranger fan. But I I think I think the difference was the the Bezos wedding was trying to be the Venice Film
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Festival but for the Bezos family. And this was like, hey, we're corny people and we're going to have a little bit of
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a cornball situation go on and we're going to do whatever we want, but oh, by the way, we're good people. We're going
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to write some big checks to charity. So, hey, listen, you know, I'm I'm a c I'm all about if Jeff Bezos and his wife
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Laura Buren Bezos, if they want to spend money like that, God bless. I have no problem with I know other people get
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very upset with it. My attitude is, you know, you make the money, spend the money, no problem. And people forget how
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many jobs are tied to events like this. You know, you've got porters and waiters
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and you've got people in the hotels and and to me I like people spending their money because it goes into the system
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and it takes care of a lot of >> experience right now. What's really it was to me was interesting is one is
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theirs was rather private even though it was in the middle of New York City. one
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there weren't you haven't seen pictures very many you've seen very few pictures come out and the ones that are out are
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just people hey I'm going to this wedding and sort of bragging about which I'm fine with um the Bezos one was so
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performative like waving from the docks and the outfits and everything else and I think that was one of the differences
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I I suspect there's going to be a movie of the wedding I sus I suspect that's coming for all of us
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>> let me ask Carara Swisser a question though would you have promoted that you were going to the wedding
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>> would you have had like a selfie a swisher like selfie. >> I had would have to cuz it was strange.
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>> I'm totally shameless. I would have been promoting it. I would have had I maybe
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even gotten a drone for myself like follow me walking cuz I'm a revoling person.
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>> Yeah, I think they wanted that. I think they wanted that. And I did like that
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the even the celebrities were like showing off, right? Like I was there. Oh, by the way, I was there. And showing
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off their dresses and it was a little bit like the Met Gala. What was fascinating is very little leaked and it
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seemed adorable. It just seemed I you know I like everything Taylor Swift and Scott doesn't but I felt like now I'm
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thrilled for you here for you can because you probably like her but but I do think that charitable giving
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>> not to like I mean let me again I like success stories you know God bless her.
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What's not to like? All the girl every kid likes her. God bless you know. >> And by the way he's won you know how
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many Super Bowls did the kid win? He won two Super Bowl. Three. Three. Okay there
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you go. Come on. I know they're a very handsome guy. >> Although I will say this about him and
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he can respond to me. Uh he can direct message me on Twitter, probably be mad at me. He has the thinnest arms and the
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least amount of biceps of any tight end. >> He's a hunk. >> Take a look at his arms. Okay, I'm just
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tell this kid is very slender for a tight end, which made him, in my opinion, faster, quicker, and a better
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receiver. I don't see him as a blocking tight end. Okay. He's almost like a third receiver for Mahomes, which was
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part of the part of the warfare there and part of the offensive success story. >> Yeah, I guess I don't know what you're
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talking about. He looks handsome to me and I'm a lesbian. I think he's hot. Um uh I think
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>> Am I allowed to say that I'm also a lesbian or you may say that if you'd like, but um anyway, I was happy for New
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York to do it and it actually was in juxtaposition of something happening down in Washington which was just a
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disaster. But first, let let me start first since we're talking about sports. President Trump's officially inserted
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himself into the World Cup. This is really bad. I even I know this is bad. US soccer star Foleran Balagan is set to
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play against Belgium after FIFA overturned his one match suspension from a controversial red card. Trump
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personally called a FIFA President Giani Infantino to push uh for a review of the
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decision Trump posted on True Social saying thank you for doing what was right and reversing a great injustice.
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As we tape on Monday, Belgium has been granted the right to appeal the ruling. So things may have changed by the time
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you listen to this. I mean, why did he do this? It seems like it's it's just sort of Sully's thoughts. If you're ever
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on Jeopardy, they don't answer the they don't ask the questions like this, but they say, "What organization in the
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world is more corrupt than the Donald Trump White House?" The answer is boing FIFA.
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>> Boing. Yes. >> That that's the answer. So, so I mean, so you know, it's like the two of them
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got married and did something very corruptive and delicious to the world's most favorite sport. But, but to me, cuz
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I want to channel Trump for you. So, get the barf bags out, guys, cuz I want to tell you exactly how he thinks. I am the
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man. Everything is about me. Let's insert ourselves. Where's the attention this week? Oh my god, there's billions
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of people watching the World Cup. I got to get myself inserted into that. >> Right. And Taylor, he tried to insert
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himself into the Taylor Swift wedding. You saw that we tried to do that. >> He tried to do that cuz she hates him.
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He hates her. Blah blah. But let let's just roll. But hello, Buttlick. Howard. Howard. Howard, are you there? Butlick.
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Okay. Get some evidence together. Okay. And then he calls Infantino, who we're calling sick sickopantino.
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>> And he says, "This is what I want done." And he basically does it. and and everyone's looking around scratching
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their heads and saying, "Wow, this is low for America, you know, because it just makes us look crash." But to Trump,
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he's patting himself on the back. You know what he's saying? Nobody could have done this other than me. This is like
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another war that I solved. I need another FIFA peace. >> Look, FIFA is very corrupt. And I did a
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whole show on this about the corruption and the ticket sales and everything else, but the games seem to be going
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well, right? people seem to be enjoying the people here from other countries. You know, you had Cape Verde, you had
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Mexico last night. Even I I'm paying attention to this a little bit. Um but but this sort of it creates does it
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create a problem here if this guy gets By the way, just for people who don't know, this soccer star was was born in
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the United States. His parents are from London. So he's what he's the kind of the birthright citizenship that Trump
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rails against at the same time which I think is kind of of course ironic. It's not ironic. It's typical.
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>> Well, yeah. I mean that's that's Trump. You know, he doesn't even probably not
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even aware of that. And so that's another big irony of the whole thing. But but just just remember it has to be
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about him. Uh enough of me talking about me. What do you think of me? And how can
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I get myself inserted into every situation? Even if it's controversial, it sort of sullies the U US win if there
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is one. >> Yeah. You see that? Okay. So, now that's the FIFA's position. They're like,
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"Okay, the Americans are going to win anyway. It'll mean more ratings." Uh, but somebody somebody Look, that was
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supposed to be done on the QT. And then Trump can't help himself. He's got these
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AI generated truth socials which are incredibly revolting where the guy's pulling out the Trump card on the ref
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saying, "Yeah, you're trying to throw me out, but I've got the Donald Trump Trump
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card, so I'm back in." And so, you know what what happens is it's just a turnoff
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to people. And and I got to say this to you, Karen, and I'd love to hear your opinion on this. I thought the games
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were going great for America. I thought people were coming in very thought the place was so hospitable. And I'd be
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like, "All right, well, America's finally getting a a slap on the back from >> That's cuz he was out of it. He wasn't
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near it. That's why." >> Exactly. >> You know, and speaking of being near, I mean, I think it'll just You're right.
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If the Americans don't win, it hardly matters, but which is probably what they what Infantino was thinking. Um, he also
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marked America's 250th birthday, which is kind of a a dud by giving a speech. It was essentially a MAGA rally on the
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National Mall after storms delayed the event. He honored veterans and astronauts while also touting his own
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record and pushing for the Save America Act. He also focused on his latest obsession, communism, saying commun
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communism is a loser and it will always be. The night before at Mount Rushmore, where there was hail, a lot of weather
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his way, which was interesting. He called communist menace a greater threat than Pearl Harbor and 9/11 argued
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American identity under renewed attack. I I thought communists were losing. And speaking of threats to American
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identity, hundreds of mass members of the white nationalist group Patriot Front marched through DC on the 4th
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carrying Confederate flags and chanting reclaim America. Those photos were kind of bizarre to look at. They were on the
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subway. talk a little bit about what was happening and also you know that you couldn't see the fireworks because there
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were too many of them and too much smoke and there's smoke all we all have been advised to stay inside over the next day
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or two in DC because of the heat and the the particullet from the from the fireworks which nobody could see very
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easily. Um talk a little bit about this communism thing. This is I hadn't heard communism from him. So thoughts on
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what's happening here? >> Well, it's Mandani related. This is all related to the electoral success that
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the Democratic Socialists have had recently. And this is also related to uh the speech that uh the mayor of New York
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gave from George Washington's desk, which uh obviously was very polarizing to some people. Uh my arch nemesis,
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Steve Bannon, somebody I can't stand, actually nailed it in my opinion. He said, "Hey, you better pay attention to
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Zora Mandani because yeah, he's a great communicator. He's got a vision for things. He understands
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where people are and how upset they are and especially >> young people. >> Exactly. And Trump's response is to
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label everything with a broad bush that it's communism, Carl. And I think that's
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a that's a big danger because when you when you do that, you're missing the elements of what's got people upset. And
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uh this isn't communism. He if you listen to his speech I sort of felt like it was Scandinavianism you know it was
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it was northern Europe it wasn't communism >> you know and Trump's trying to label as
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something that it isn't and he does that very successfully a lot of >> who is this successful I haven't thought
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about communist since like the cold war essentially >> yeah so I don't I don't think it's going
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to be successful because you remember Zoron Mandani is not flatfooted you know when you're calling Hillary Clinton
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crooked or Joe Biden sleepy or Jeb Bush, low energy. They're more like standard politicians and they're a little
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flatfooted. You know, this guy, in my opinion, has made one mistake. I won't name the billionaire, but when he docks
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a billionaire in New York City with social media, I thought that was bad. I mean,
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>> I agree. I said so. >> You don't want to put people in harm's way. You want to put a peer to tear tax
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in and people can pay it, no problem. But don't name the people because you're going to get you're going to make
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people, you know, in a dangerous position. But to me, this kid has only made one gaff and I'm I wasn't a
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supporter of his. I think the city is a lot cleaner. The city looks very safe to
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me. >> Taylor Swift got married there. >> You said to me last week that New York
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is back. New York is flourishing. Is that not true? >> Yeah, absolutely. When you go there,
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it's it's hard to walk the streets. It's so full and vibrant and exciting and along with the Knicks, the Taylor Swift
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thing, just there's a lot happening there. But what what is the you know having the the no white nationalists
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show up again was sort of my I was like oh my god them again in that in those weird outfits they wear the blue shirts
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and the khakis with the weird white mask that they have to hide themselves cuz they're not proud of who they are
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presumably. >> Yeah. Okay. But you see see what's going on. Elon Musk said that this was a uh
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false flag operation. This is hard left people that are sending out these white supremacists. and there was a photo of a
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young African-American woman on the bus with them and people saying, "Okay, that
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photo was contrived." Okay, I don't believe I don't believe any of that, by the way. But I'm just I'm just saying to
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me, they're doing that for publicity. They're doing that for the shock and awe effect. And unfortunately for this
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country and perhaps most countries, we do have racist [ __ ] in this country and we do have white supremacists in
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this country. Uh but unfortunately we have somebody in the White House that sort of blows a dog whistle for these
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people as opposed to denouncing these people or ignoring these people. He's like, "Oh, that sounds like a lot of
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fun. Can you guys bring the matches over here? Let's light the door flame log for
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the white supremacist bonfire." You know, that's the stuff that I I really can't see.
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>> It's all around the Save America Act, though. I mean, that's really the focus.
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There's, you know, story after story of him the desperation of either passing this or pulling some emergency powers,
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you know, declaring a national security emergency around voting and everything else. To me, that's where everything
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funnels down to is this fear of November. >> Yeah. I mean, listen, I mean, that's the
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goal, right? We got to get black and brown people not to vote. And so, we're going to get ICE agents out. We're going
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to scare you. Uh, I've got to get this uh legislation passed, the Save America Act. Uh, and if we get that passed as
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well, you know, hopefully you'll stay in your house and we can organize as much of the white vote as we possibly can to
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win these elections. And so Trump said something people should really listen to. If I can get this thing passed, we
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won't lose an election for the next 100 years. Did you hear him say that? >> He said that. Pay attention. So now
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thankfully Thun is American enough still where he's blocking Trump and he's stopping him. Uh but you know listen you
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know what what comes next is the answer car because I think I think we got Trump. Uh I think the courts have
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knocked him to the ground a notch. I think he's age is getting him. I think some of the podcasters have broken from
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him. Some of the traditional Republicans are just waiting him out. Okay. So I think we got Trump. I'm worried about
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the next lunatic that shows up with the same message, you know. >> Any thoughts on who that would be?
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>> None of the current lunatics. You know, they they don't they don't have the Riz
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Carisser. It would have to be a young lunatic that we don't know right now, but when I look at
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>> Tucker Carlson, I've never asked you about Tucker Carlson. >> How do you look at him?
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>> You know, Tuck Tucker is a typical dweeb in the high school. Like, I wasn't a
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click guy in high school. My uncle owned a motorcycle shop, so I did have a leather jacket, but I was also the
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captain of the football team. So, I was like not into the whole click thing. But
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Tucker would have been that kid that was like a sneaky bully. And so, a sneaky bully is no one's looking. I'm going to
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poke Cara in the eye. Okay, no one's looking. I'm going to do something devious or pranksterish to somebody
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that's weaker than me due to my insecurities. Right? So Tucker wasn't the outand-out bully because I mean you
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saw that guy, you just walk off to him, punch him in the face, and make him go away. And so what Tucker does, he's like
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a dodgeball bully. Okay, so hear me out. You remember when you were in elementary
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school, you were probably the you were probably the smart kid in the back lurking with the ball.
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>> I was too small to hit. I was always the last kid before to get hit. >> And you were always waiting for the big
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jock to hit the other jock and then you snuck up and hit the big jock and you weren't.
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>> Correct. Thank you. >> Okay. But Tucker is a dodgeball bully, okay? He's been sneaking around bullying
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and terrorizing people, okay, for his adult life. And now he's got a very big broad podcast that he can do this on. My
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buddy Chris Cuomo, people should go look at the tape. He took a karate chop to Tucker's Adams appall as as he was
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spousing his BS about Russia, okay? And you know, and and Chris doesn't give a [ __ ] just took him to the ground. And
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so I say to myself, number one, is he on the take from Russia? I don't know. So I'm not going to say yes or no. But he
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he uses Russian talking points when he talks. He >> does. Yeah. >> No. Number two, what, you know, he's all
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of a sudden anti-Israel. And we can debate that. I'm not saying Israel's got a great brand right now. I think they've
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had a lot of mishaps. But you went from pro-Israel hanging out with Huckabe to now you're anti-Israel. And I'm like,
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guy, what are you doing exactly? And you know what he's doing? He's feeding the ducks of his audience. Okay. So, he's a
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dodgeball bully who feeds the ducks of his audience. I I think the guy >> give him a chance or not.
00:18:46
>> No. No, he's got no chance. And I think he's a complete tool. Also, if Trump is alive when he announces his
00:18:53
candidacy, Trump is going to send like orange maned cruise missiles up to Maine and and blow blow Trump, you know, blow
00:19:02
blow Tucker out of the water because One thing about Trump, he knows the Achilles
00:19:08
heel of people like Tucker. So, so and and and I predict Tucker won't run >> because listen, that is that is a big
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boy sport as you know. It's not podcasting. He's not hanging around >> waiting for your next massage. It's
00:19:23
like, okay, we got to get on the road. And you can hate Donald Trump, but Donald Trump is a grinder. I watched
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him, >> you know, 8 in the morning till midnight. Let's grind this thing out. Tucker doesn't strike me as that.
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>> I see. Pass me the nail file. I'm about to get a Manny Petty, Tucker Carlson,
00:19:39
the dodgeball. >> Can I ask you one last question on this? Um, so what's Trump's move? We got July,
00:19:44
August, everything's quiet. What does he have? He doesn't have much time till the
00:19:48
midterms besides trying to stop the election itself. What What does he do now? How does he get attention? What is
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What is he going to do? >> We have more revulsion coming. And so on July 19th, he'll be in the Meadowlands.
00:20:00
He'll be at the New Jersey New York stadium handing the trophy to somebody who has won the World Cup because
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Infantino Sikafantino is going to let him do that. So that's going to be a big day for him. Lots of attention on him.
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You'll have billions of people watching him. He'll be very happy about that. Right. Exactly. And he's he's announced
00:20:18
his griff to the public. Okay. So if you ever thought that he hasn't learned from
00:20:22
the KGB, he has actually because what does the KGB do? They spy out in the open, right? Remember John Lar would
00:20:29
explain to you that the person shows up, they look like a KGB spy, they act like
00:20:33
a KGB spy, so you don't think they're a KGB spy, but guess what? They are one. And so Trump is like, "Let me announce
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to you my grift." Okay? And so here's all the different things I'm doing. He even put the $15,000
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of Infantino tickets that were given to him on his financial disclosure, the FIFA tickets that were given to him. So
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So what he's going to do is he knows he doesn't give a [ __ ] about his party. He
00:20:57
doesn't care who wins the election as long as he's not overly investigated. He's going to pardon himself and his
00:21:02
family. He's going to try to make $10 billion over the next two years. >> All right. Well, that'll get us into So,
00:21:09
that's what he's working on. >> That's what he's going to do. Yeah. He He's about glory, self angerandisement,
00:21:15
and moola. Those are that's the holy trinity inside his brain. >> Okay. Well, we'll talk about that
00:21:21
because we're going to talk about something that you know a lot about, which is cryptocurrency. Okay, Anthony,
00:21:25
let's go on a quick break. We come back. Millions of investors lost billions on Trump's memecoin.
00:21:31
>> This is advertiser content from Harvey AI. We have a choice over who we work with and who we don't. Specifically, who
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tailored for law. You can learn more at harvey.ai. Anthony, we're back. Nearly 1 million
00:23:10
people who bought President Trump's memecoin have lost a combined 3.8 billion. Guess where it went. At the
00:23:15
same time, Trump disclosed earnings of $636 million from the memecoin. In 2025, Trump profited whether the coin uh price
00:23:23
rose or fell, collecting fees every time the token was traded, which he which is
00:23:27
called a vig, which he often uh prompted his followers on True Social to do. Meanwhile, Michael Sailor's strategy has
00:23:34
abandoned its famous never sell Bitcoin, wasn't a holder anymore, um mantra. The
00:23:40
company is launching a $1.25 25 billion monetization program to raise capital with Bitcoin sales already has sold 216
00:23:47
million. Trump's disclosure, by the way, showed active trading of strategy shares. Um, where, you know, for people
00:23:53
who don't understand what was happening, we talked about this last week, he made
00:23:56
several billion dollars largely related to crypto, very small amount in real estate, similar similar to what he
00:24:03
always makes in real estate essentially. uh nothing more or less but there's a lot of you know and of course the kids
00:24:08
have their own griffs going on and Jared and Ivanka have their own grift so talk
00:24:13
about how we should be thinking about crypto now and what happened here with Trump
00:24:18
>> well I mean it's important to people to understand how dramatic this griff was
00:24:23
he needs an academy award or a FIFA World Cup trophy maybe FIFA will give him the grifter prize of the you know we
00:24:30
gave you the the FIFA peace prize but the griing has been so Good. Here's the FIFA Grifter Prize because this is
00:24:38
unbelievable. Just to put it into context for everybody, all of the publicly traded crypto companies
00:24:43
combined made less than Donald Trump did in crypto. Just so everybody knows, he made more money than Coinbase, Kraken.
00:24:50
Put them all together. Kraken's not public, but you get get my point. They do disclose their financials. Uh, and
00:24:56
remember this, okay? Trump's disclosure was 927 pages. Barack Obama, his ex his his was
00:25:04
eight pages. Okay. So, this guy filed a phone book. He didn't file disclosure, but but the crypto stuff is so bad. It
00:25:13
is so egregious. So many people lost money and the differential of 3.8 billion losing and him making 800 is
00:25:22
just to me insidious. But I'm I'm going to say this to you and I know you get this. The Emirati royal family bought
00:25:28
$500 million stake in his company before the inauguration. Right. >> Okay. So, I don't know. You tell me. Uh,
00:25:37
that was just a Hey, that's a nice gesture. >> Hey, Cara, how you doing? You know,
00:25:42
there's a Cara Swisser. It looks like it's from your longevity documentary behind you. I'd like to buy that from
00:25:48
you for $500 million just because, you know, you're a nice person, Cara. Is that how the Emirati royal family
00:25:55
treated that situation? >> Right. >> So, so to me, it's again, I'm taking the money. And by the way, you stupid crypto
00:26:03
bros, what did you think was going to happen? Oh, you thought I was supporting you? No, no, no. This Clarity Act, which
00:26:10
everybody would like to get passed, that can't happen because my opposition uh hates me and they're going to vote
00:26:16
against it to spite me. And oh, by the way, that spits you. But haha, guess what? I didn't care about you, right? I
00:26:23
didn't care about you. >> What happens to the the cryp what what is happening like what Sailor has done?
00:26:28
Obviously, he's been super aggressive and you've been deep into crypto and Bitcoin particularly where does this
00:26:35
hurt the Bitcoin business because it was actually improving allegedly under Trump
00:26:41
with all these you know the regula Gensler was gone everything else. Where does this leave crypto now? Because it
00:26:47
then has this taint as as as the world the World Cup has of Trump's finger dirty fingers all over it.
00:26:55
>> Yeah. So, nobody likes me in the crypto community for saying this, but I'm going
00:26:59
to continue to say this. Gary Gensler was a pain in the ass to the industry. But you know what Gary Gensler did? He
00:27:05
blocked a lot of the low lives and a lot of the people, a lot of the scammers out
00:27:10
of the industry. Trump has opened up the floodgates and became the scammer and chief in the industry. So people said,
00:27:16
"Oh, this is going to be great for the industry." It's not great for the industry. You you would want the mama
00:27:20
bear. You would want propitious and ordinary transparent crypto regulation with a defense system against
00:27:29
scumbaggery. We didn't get that. So when Trump announced that memecoin, Cara, I was at the World Economic Forum with
00:27:36
Brian Armstrong on a panel and I said, "This is going to be very bad for the industry because this makes us look
00:27:44
terrible." And his opposition, there are young Democrats that would probably support the cryptocurrency industry that
00:27:51
are looking around saying, "I can't do it now because of what Trump has done." Uh, and so so to me, I think it's a I
00:27:57
think it's a big issue. You mentioned sailor, so we might as well bring him up. You know, Michael's got to be
00:28:02
careful because he's an absolutist and he's an extremist. So, he said at a one side of his mouth, I'm never selling my
00:28:09
Bitcoin. You should sell one of your kidneys to buy and hold Bitcoin, but he's got pressure on him and he's got a
00:28:16
in he's got a cash imbalance. And so, guess what he's doing? He's starting to sell his Bitcoin. Like, Michael's not
00:28:22
going to take advice from me. And I like Michael, but I would say Michael, you become part of the story. you go on your
00:28:27
yacht, sail off into Sicily somewhere, stop tweeting about Bitcoin, get out of the story making business. Because what
00:28:36
happens in a situation like this is like a fighter squadron. Let's say we got B17s about to strafe Berlin and one has
00:28:44
engine trouble and is lagging behind the others in the squadron. Uh, what are the
00:28:48
meersmiths going to take out first? They're going to take out that one and this is Michael right now. So get out of
00:28:54
the story. I wouldn't sell any more Bitcoin, by the way. Your job is to have Bitcoin go back up, and you getting out
00:29:01
of the story will probably help that. I'm long-term bullish on Bitcoin. I think we're in the typical four-year
00:29:08
cycle where we've corrected 50%. We could correct more, but I think the long-term bias for Bitcoin is up. And uh
00:29:16
I think if you hold it for 5 years, you're going to be well well situated. >> Here you have Trump sort of dirtying up
00:29:21
the the industry in a ways. what needs to happen from a bipartisan, how can it return to a way where you don't have,
00:29:29
you know, too much regulation and at the same time you zero out all the all the scammers.
00:29:36
>> So I I I think there's only one thing and that is time and demography. So I think if you're above the age of 60 and
00:29:44
you're in the Democratic party, you hate crypto. I think if you're below the age,
00:29:48
if you're in the 50 to 60, you're crypto by curious, but you're like cryptokeepic. If you're below the age of
00:29:56
50, you're generally like, okay, I get this, and there should be an ecosystem allowing us for tokenization and for
00:30:04
general improvements of the financial services/fintech community. And so I think he set the
00:30:11
industry back. I think it'll be three, four, five years before we see the right type of regulation. I want to be wrong.
00:30:17
You know, Cynthia Lumis, Tim Scott are saying that the Clarity Act is going to get passed if you go to the poly
00:30:23
markets. >> Explain what the Clarity Act is. >> Okay, so the Clarity Act in the most
00:30:28
simple elevator pitch is exactly that. We're going to offer you clarity on regulation associated with crypto. Where
00:30:38
is Bitcoin going to be regulated at the CFTC or the SEC? Where are these other coins going to be regulated? What's
00:30:44
going to be allowed in the industry? How are we going to deal with stable coins?
00:30:48
Are they going to be able to pay interest on their um the balances that you put at a stable coin company? Uh
00:30:54
what will the banks be able to do? Will will we charge the banks on their balance sheet, which they would do right
00:31:00
now if I held my Bitcoin? I can't hold it at JP Morgan, but if I was able to, they they they hit them with an
00:31:06
overcharge on their capital account. But let's say they could segment it out. Will the money center banks eventually
00:31:12
be able to custodian Bitcoin? And so why are we calling it clarity? Because the pendulum has been
00:31:19
swinging back and forth between the administrations. You get hard left-leaning regulation from the SEC and
00:31:25
it swings back to hard right leaning regulation. We were having regulation by enforcement under Gensler. Now we're
00:31:32
having light touch regulation. This would this would provide a clear signal to Democrats and Republicans. Here are
00:31:41
the laws as legislated by the Congress signed by the president. And so this is the interpretation bandwidth you have
00:31:50
now as opposed to this, you know, this bit this wider bandwidth. >> It feels like grift again. That's what
00:31:55
it it has more of a nervousness around it because the Trumps are around. Well, well, well, it Let me explain why it
00:32:01
does, though. Because all Gillibrand and these people are asking for is, okay, we
00:32:06
don't want the president's family to steal another couple billion dollars of of crypto. So, can we at least legislate
00:32:14
or create a rules-based system that's ethically guided? And the White House said, uh, no. Uh, we like when the
00:32:24
president steals. Scott Bent said that the 2.4 four billion that he took is a sign of US innovation is what he said in
00:32:32
an interview. This guy I mean you know I mean you got to be kidding me. I mean this is this is literally unbelievable.
00:32:38
>> This guy >> it's like I mean but it's you know you know what it is it's like a sock puppet
00:32:42
at this point. It's like that used to be a person you know like Prince formerly known as Prince that used to be a person
00:32:48
formerly known as Scott Bent. He's now a sock puppet for Caroline Levid and Donald Trump. Okay. And you're saying
00:32:56
that with a straight face in an interview, guy. I mean, come on. >> I know. I agree. So, uh, last small
00:33:02
thing. Uh, July 4th officially marked the end of the Department of Government Efficiency, better known as Doge. In a
00:33:06
post on X, the agency said, "While the formal mission of Doge has come to an end, the mission to eliminate waste,
00:33:11
fraud, and abuse will continue. Good stewardship of taxpayer dollars and accountable government are not temporary
00:33:16
initiatives." Researchers estimate Doge's cuts to US aid and humanitarian aid contribute to hundreds of thousands
00:33:22
of deaths worldwide. Jo claims it saved taxpayers about $215 billion through spending cuts. The original goal was 2
00:33:29
trillion. Many people feel it cost the United States. Actually, one thing we won't be getting is a final assessment
00:33:35
of what actually accomplished. Uh budget director Russell Vote recently told Congress, "We have no plans to publish a
00:33:41
closing Doge report." Of course not, because if they did a good job, they would tell you. Uh I think this was just
00:33:47
as it turned out as I said it would it was a nothing burger of of massive proportions and actually led to death of
00:33:54
people around the globe especially children. So uh any final thoughts on Doge? Just another waste of time.
00:34:01
>> Again there there was a Doge. Uh it was it was the Clinton Gore reinventing government. That's right. Yeah,
00:34:07
>> I just want to remind everybody, we took 426,000 jobs and we eliminated them over eight
00:34:14
years through attrition and buyouts and process redesign. Uh, and what I don't never can understand for the life of me
00:34:22
is I think I'm a reasonably smart guy, but I know I'm stupid in a lot of areas. But if I had a B next to my name, you
00:34:30
have to explain this to me car because you hang out with these people more than I do. So, I've got billionaires that
00:34:35
troll me on Twitter cuz they're smarter than me and they know more about everything than I could possibly know.
00:34:43
>> But, and I understand that. Yes, you know more about neurology than neurologists and more about the military
00:34:48
than the military. Yes, you have a billion dollars. You're the smartest. I understand that. But why wouldn't you
00:34:53
have gone to 25-year veterans of the GAO, the government administration office, and said, "Okay, where are the
00:35:02
worms in the system? How can I plug a few holes? I'm not going to save a trillion dollars or $2 trillion, but you
00:35:09
know, from an engineering perspective, the structural design and the embedded cost of the government, what could we do
00:35:16
to stop some of the >> They didn't want to do that. >> And how could we do that gradually?"
00:35:21
They didn't. And >> they didn't want to do that because what? >> Because they wanted to please Elon and
00:35:24
let him jump all over the place with I don't know. I I think he just was to please Elon. I think Elon felt like this
00:35:31
was important. And that's where they had the falling out over the tax bill when he started to show what he really was
00:35:37
made of, which was spending more government money. Um, and I just think it was just all a act. They thought it
00:35:43
was all nonsense and idiotic and possibly gave Elon and his minions uh access to lots of secure government
00:35:52
data. I always thought it was about the data, but that's just me. >> Well, it was definitely it was
00:35:57
definitely a missed opportunity because we could have gone back to payo legislation
00:36:03
uh that got us to the budget surplus during the Clinton era. >> We could have gone with a Clintes a
00:36:10
dozelike system that was bipartisan. Uh we could have said to our fellow Americans, "Hey, we're not going to fix
00:36:16
the problem in 10 years." But you know what? Over a 20-year period of time, we could get the debt, we could get the
00:36:22
spend in line with where the GDP is. >> Uh and we didn't do that. And you know what's going to happen? And you know
00:36:29
this, and I know this, my buddy Ray Dallio knows this. You're going to have an American president in 2036, 2040
00:36:37
dealing with a $55 trillion budget deficit. Mhm. >> And they're going to be sitting there
00:36:43
saying, "Okay, the money's not worth anything anymore because the only way we can pay for
00:36:48
this, guys, remember >> unfunded tax liability is what a deficit is." That's what Milton Friedman said.
00:36:55
All deficit spending, unfunded tax liability. And guess how we're paying for it? We're using the most pernitious
00:37:02
and most regressive form of taxation because we're cowards. We're using inflation. And so we're going to we're
00:37:09
going to blow out your bank account. You think you got $1,000 in your account. It
00:37:13
only has $750 worth of purchasing power cuz that's our way of monetizing our debt. And that's a problem. And that's
00:37:22
one of the reasons why I am long gold and one of the reasons why I'm long Bitcoin because I do think that these
00:37:27
will be part of the as we reinvent ourselves once again, they will be part of the answer uh to the way the monetary
00:37:36
system works in the future. This was a missed opportunity and it was all performative. Performative. Anyway,
00:37:41
let's go on a quick break. We come back, the pros and cons of Trump accounts. >> Support for the show comes from
00:37:47
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00:38:50
Anthony, we're back. Speaking of trying to make money for American citizens, Trump accounts, which I hope will the
00:38:55
name will be changed after he leaves, and new investment accounts for children have officially launched. Trump marked
00:39:00
the occasion by ringing the bell to open the markets from the Oval Office on Monday morning. 6 million Trump accounts
00:39:05
have already been open for children under 18, according to Treasury Department. A fraction of eligible kids.
00:39:11
That's a small amount, actually. Babies born during Trump's term between 2025 and 2028 will receive a $1,000 deposit
00:39:18
of seed money in these accounts. The Social Security Administration is introducing a process uh for parents to
00:39:23
enroll their babies uh in these Trump accounts at the hospital. They register as they register for social security
00:39:29
numbers. We've seen a number of individual and corporate donors to these accounts, including Michael Dell and as
00:39:34
you mentioned, Ray Dallio. The latest is SpaceX President Gwyn Shotwell, who just
00:39:38
announced she's donating company stock. Um, what do you think about these accounts? I'm not necessarily against
00:39:44
them. I don't I think it's I I just I feel like grift will happen because Trump's involved with it. Um, and at the
00:39:52
same time, I feel like maybe we should just have, you know, child care. Maybe we should just have healthcare. maybe
00:39:58
she would just have these kind of things that are that cost people. I don't mind
00:40:02
forced savings which essentially this is and I have accounts for my own kids for
00:40:07
college and things like that but and everyone should be able to avail themselves to them in a tax-free basis.
00:40:13
So, and at the same time relying on the stock market's problematic from my perspective. But go ahead. Let's hear.
00:40:20
>> Oh, I want to listen. You know, I I have to say this one straight. For me as a
00:40:25
Wall Street person, I like this because I even if it's going to be 6 million people, that's what it looks like right
00:40:33
now. Uh getting these people autoenrolled in the stock market and the idea that they have some investment,
00:40:39
which means they're technically invested in something. Uh, and it if it could spark some aspiration, if it could spark
00:40:46
some interest in long-term thinking and saving and investing, I like those things. You know, I you know, listen,
00:40:54
Michael Dell, I think, gave 6 and a4 billion. I know he's a very wealthy man, but I think it's a very generous
00:40:59
statement that he's trying to make. I I don't like the Trump name on it, but of course, anything that Trump does, he's
00:41:06
going to have to put his name on it. He's trying to get his signature on your money. He's trying to get his face and
00:41:11
your passport. he cannot help himself. So, but but here's the thing I would say about this and people should really be
00:41:16
concerned about this number. 40% of the Americans own nothing in a retirement account,
00:41:22
>> right? >> And I want you to think of the pressure on that. And so that also, we do know
00:41:26
this and we don't teach it in school and perhaps we should. We know we have a lot
00:41:29
of financially illiterate people in the country. And if you're listening to this
00:41:34
podcast and you're financially literate, don't look down on those people. figure
00:41:39
out a way to educate those people because more educated people and more financially literate people will mean
00:41:45
there'll be more self- sustaining people, okay? And there'll be people seeking their aspirations. So, I do like
00:41:51
this one. Uh Trump is taking more credit for it than than he deserves. This was an idea that was proposed 10 years ago.
00:41:58
Uh lots of people blocked it. I think I think believe it or not uh uh Vice President Harris if she was president
00:42:05
would have accepted this at this point in our culture. You're making a different point though and I would just
00:42:11
say not to conjoin those. The point that you're making which I agree with. We need a platform of good food in the
00:42:17
school so the kid doesn't go to school unhealthy or hungry. We need some sustainable educational ideas and we
00:42:24
need some health care for these kids. That's more important than putting $1,000 in their savings. I I accept
00:42:30
that. But I would just say to you, Cara, and people listening in, you got to deal
00:42:33
with the world the way it is, not the way it should be and not the way we want it to be. And so this one I like and I
00:42:41
would like I would like to see more billionaires. I'd like to see more people do this
00:42:46
>> giving money. So is this like although some people feel like open AI doing it
00:42:50
as a way to get a bailout at some point or you give you give him the money and he takes credit for it and then you get
00:42:59
some sort of break of something else that giving money these things gives you something else.
00:43:04
>> Well, that's been the case with Donald Trump. I we've learned that you you give
00:43:07
him money, you buy a documentary from his family, you get more rocket contracts, you you u you line up behind
00:43:14
him, he takes care of you. uh you know, you've got people that have given him money or given money to his pack and uh
00:43:21
Howard Butlick has written them out of certain tariffs and has gotten them an exemption on certain things. So, yes, we
00:43:28
know that there's a pay per place system going on. And so, yeah, there's people thinking, you know what, I'm going to
00:43:34
give this I'm going to get the tax cut and Trump's got two and a half years left. I may need a favor from him and
00:43:40
he's a guy that pays for play and I I can get in there and ask for that favor and probably will get it done. You know,
00:43:47
there's there's a queue of people and I'd be very interested. I'm not an investigative uh reporter, but I would
00:43:53
love somebody to work on this. There's a queue of people that are lined up for pardons and I know it's in the tens of
00:44:00
millions of dollars is being paid to get these pardons. They're hiring lobbyists.
00:44:05
They're hiring attorneys. They're they're buying I don't know fragrances from the family or they're buying
00:44:11
>> all of Kelly and Conways. >> Yeah, they're buying meme coins. I don't know what the hell they're doing, but
00:44:16
I'm I'm sure there's a legion of people. They're like, "Hey, we got a 2 and 1/2 year window. We broke a lot of laws, but
00:44:23
this guy could pardon my ass." >> And and this is Trump's personality. Rather than using the norms in the
00:44:29
system, he breaks the norms and then he brags about it. And only I only I could have gotten our player back on the
00:44:37
field. only I could take in billions of dollars for myself. These other presidents were stupid. They could have
00:44:43
made billions of dollars for themselves. I'm the genius. You see what I mean? And
00:44:47
it it's very corruptive. And let me tell you what it does, which pisses me off the most, if you don't mind, because we
00:44:52
grew up similarly. >> When I was a kid growing up, maybe Richard Nixon was corrupt, but he wasn't
00:44:58
so corrupt that I thought the system was broken and unfair. I looked up at the system. I said, "All right, the guy's
00:45:03
probably corrupt, but you know what? If I go to a good school and work my ass off, I can move classes in this country.
00:45:09
This guy is putting a suppression on middle and lower income people, they're they're like, "Holy [ __ ] there's a
00:45:17
two-tier justice system. You're either one of the president's crony friends or you're not. And if you're not, you're
00:45:23
not going to make it, and I'm going to do way less economically than my parents did. And I don't have any hope, and I
00:45:31
don't have any chance." That's what the corruption does in a society and that's what pisses me off the most.
00:45:37
>> Yep. I would agree. I would agree. So, we're both sort of for these things, but
00:45:40
it just seems like I'd love to get the Trump name off of it. I almost signed up for one. I almost did, but then I was
00:45:45
like, I have an up stock holdings. So, last thing very briefly. Um, so Mark Zuckerberg told Meta employees the
00:45:51
company's AI agents aren't advancing as quickly as expected. Like a lot of corporate people, Zuckerberg said Meta's
00:45:57
AI reorganization hasn't delivered the results the company had hoped for, though he expects progress over the next
00:46:02
3 to 6 months. In May, Meta laid off around 8,000 employees and reassigned about 7,000 AI focused teams. Zuckerberg
00:46:09
uh said this move is not as clean as it should have been. Meta is expected to spend as much as $145 billion on AI
00:46:16
infrastructure this year. Um, everybody's a little worried about even uh Palanteer the Palunteer even though
00:46:22
he said it in a crazy way was making a lot of sense around uh the the high price of tokens, the effectiveness, the
00:46:29
safety of your data, whether you want to hand it over to these things, all signs
00:46:34
of possible highs of these of this spending. Do you think how much impact how much patience do investors have if
00:46:42
companies keep saying progress is slower than hoped, including the center companies in this?
00:46:46
>> Yeah. Well, I mean, you you know the answer to that. I know the answer to that. They have patience until bam, they
00:46:53
don't have patience. And this is very reminiscent of global crossing and very reminiscent of Cisco. And you and I are
00:47:00
old enough to remember web one where we were building the infrastructure. We're putting all the switches in. We have all
00:47:06
these transatlantic, transpacific cables. We got cables coming down the uh Persian Gulf all the way into the
00:47:13
straight of Hermuz. and we are going to electrify and globalize everything and they overspent uh and they had too much
00:47:20
leverage in the system as a result of wi which like a like a real estate speculation
00:47:26
uh the system got built but it collapsed and the people that were owning the equity and were buying the opium at that
00:47:32
time actually got crushed and so what I'm fearful is also the way this stuff is booked right because if you're you're
00:47:39
you're you're you're spending on the R&D and then someone else is booking a profit it at the same time. You know, to
00:47:46
me, you've artificially stimulated some people's earnings, okay? Particularly the data centers and things like that.
00:47:53
And so, I'm worried about that because that's exactly what happened in web one. And you and I are old enough to remember
00:47:59
that movie >> and that movie ended in tears. Yeah. That wasn't a happy Hollywood ending.
00:48:03
That movie, >> then there was Google, then there was Meta, then there was, you know.
00:48:06
>> Well, yeah. Well, yeah. Well, well, that's the bet. So, now you've got your cards. You're playing this hand. You
00:48:11
gota hopefully you can close your position out before the thing blows up and then you wait for whatever replaces
00:48:18
it. Right know you know listen alista >> ask ask jeies. >> Yeah I >> okay we could you you remember the
00:48:27
search capital group Scott and I were reminiscing about that. remember Internet Capital Group. Remember the
00:48:32
boom in Internet Capital? They named the They named the Pat I knew it was over when they named the Patriots Stadium the
00:48:38
Internet Capital Group Stadium or whatever the holding company was. And so, so to me, what I'm worried about
00:48:44
here and I think it's fair to be worried about this is this is a great technology. I think it'll add to
00:48:54
productivity. It'll boost things. The internet certainly did that. But as we invest, there were pockets in the
00:49:01
railroad industry that blew up, pockets in telecom that blew up. And there's going to be pockets here that blow up.
00:49:08
>> Do you expect to blow up? Because a lot of economists are suddenly sounding alarms now. It took a years before that
00:49:14
happened in the one you were taught, global crossing, and everything else. It took several years before it broke
00:49:20
essentially. >> Well, you got to tell me where rates are going. you you tell me where the rates
00:49:23
are going and I'll tell you where the fuse is because if we manage to stave off despite the economic data and the
00:49:30
spectre of current inflation uh and remember we we had 100 basis point differential on rate expectation.
00:49:37
So if you and I were doing this podcast January 1, Anthony, what are you expecting? Three 25 basis cuts this
00:49:44
year. What is it now? We flipped it over to one 25 basis point hike. So that did
00:49:50
affect a large part of the markets. It did affect crypto and obviously gold also sold off as a result of that. But
00:49:56
if you're telling me we have a 50 basis point 75 basis point rate increase due to the quagmire in Iran all the
00:50:03
assortment of different things you're going to you're going to shorten that flu fuse. Somebody could say hey I'm
00:50:09
going to miss a bomb payment here. Sorry. Uh I think it's very telling Cara that Facebook which mints money and
00:50:18
Google that mints money I think they combined went out to raise in bond market activity something like $140
00:50:25
billion in the last 6 weeks. And so that's telling you something. >> They're like, "Holy [ __ ] we're spending
00:50:31
so much money. we better get another hundred or so billion dollars in reserve here to protect ourselves uh and to
00:50:39
create a a layer of protection on the interest rates that we're going to be paying.
00:50:43
>> We're going to be paying. So, we'll see where that goes. Anyway, uh one more quick break. We'll be back for wins and
00:50:48
fails. >> Support for the show comes from Vanta. Every new tool your team signs up for.
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00:51:46
Support for the show comes from NPR. Is social media bad for your mental health? Are we
00:51:54
spending too much on other people's weddings? Why is hetereroesimism trending? If the culture is asking it,
00:52:01
NPR's been a minute podcast is talking about it. It's been a minute stands for your right to be curious one big
00:52:07
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00:52:13
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00:52:18
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00:52:25
listening to it for my entire life. They do a great job. You know, try to hit it
00:52:29
straight down the middle. Fantastic production values. It's been a minute. Knows cultural trends don't happen by
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accident. It's not just what's trending. It's why it's trending and what that says about us. Britney and her guests
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dig into the latest memes to unpack how they got into your feed in the first place and why they're stealing our
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attention. These are the conversations you want to have and the ones you'll be bringing up later. Follow NPR's It's
00:52:52
been a minute podcast and indulge your cultural curiosity. >> Okay, Anthony, let's hear some wins and
00:52:58
fails. You go first. >> Well, listen. I mean, we talked about it. I think the win of the week is the
00:53:03
Trump accounts. Actually, I I don't like to call them that, but I want Americans
00:53:07
to get into the saving and the investing mindset. And certainly, if you can get children into the saving investing
00:53:13
mindset, it could be a lifecher. So, I think that's the clearest win for me. Uh, the second clearest win, uh, which
00:53:21
is obscure to people, but I I I think it's a it's meaningful is is the birthright citizenship. And we talked a
00:53:28
little bit about that last week on my show. I think that is the big message. is sorry. You know, you pushed and
00:53:35
shoved us around. We are afraid of you here at the court, but you know what? It was a 6-3 decision and we're going to
00:53:42
stick with the Constitution over the Orange Maniac. And I and I think those are two big wins. All right.
00:53:48
So, losses for me are FIFA and Sick of Fentino. I think this is a big loss for him. And I think and I
00:53:55
think weirdly, you know, and sadly, uh I think he's uh I think he's hurt the game. And I and I think it sucks because
00:54:03
the World Cup to me is about togetherness. You know, when you want to love people and you want to love the
00:54:09
world. I think of the World Cup. I'm like, "All right, look at all these people." You know, the happiness and the
00:54:14
sadness is based on a sporting event. It's not based on a war. I love the whole environment. I love the whole
00:54:20
carnival of it. And I just think the notion that this guy poisoned that, too. It's like he won't stop at anything. So,
00:54:28
so, so those are the those are the wins and those are the losses. That sort of goes into my fail is the continued
00:54:34
sucking up of people like Be Bessant and others about like yes there's plenty of
00:54:39
people behind me. The the the cultism is so strange and it's so at some point when are you going to say the emperor
00:54:46
has no clothes that's that kind which I don't want to see Donald Trump naked necessarily but um this
00:54:52
>> Have you ever thought about it though? Is it ever like you're an imaginative person? Has it ever just gone into the
00:54:58
brain? I have a a sense it's like an open spam can like you just opened a spam can and there he is. Have you
00:55:06
thought of it? >> Open spam can with a penis which a bent penis. >> Well, you don't know it. Yeah, we
00:55:11
haven't confirmed or denied that. It just could be an open spam. >> I believe this I believe porn stars is
00:55:15
what I do. Um but uh I the sycopency is just astonishing and Douglas Bergam in particular like with the whole thing
00:55:23
around the reflecting pool. I mean, first of all, everything like that fair. Nobody was there and they were
00:55:29
pretending they were there. That was hysterical. But he was going on and on about these cuts and without any proof.
00:55:34
And then when the why are you meeting people, why don't you just accept this? And they're like cuz you're a liar, Doug
00:55:40
Bergam. Like to me, he seemed to be a even though he's an obvious suckup. Obvious suckup, but that the level of
00:55:47
suckupery is really and I'm like, you're not stupid and you're sucking up. And that to me was um really a a a fail. I
00:55:56
thought that I just can't believe it's going to continue. I just don't know when it's going to stop. And I'm sort of
00:56:00
waiting for the moment where somebody points to him and says, "You're naked." essentially. Um my win um uh is uh is ah
00:56:09
this is going to seem strange. So over the holiday I went to see Supergirl because everyone didn't want to see it,
00:56:14
right? Because it's you know it's this big disaster for Warner um and people aren't going to see it. And I have to
00:56:19
tell you it's a pretty good movie. This is a pretty good movie. Uh I know it's not going to win. I see the numbers. Uh
00:56:25
you I could see why it would be hard to get a man to go to it. Um it's pretty um
00:56:30
woman focused. There's there's a sex trafficking um thematic. It's dark. Um but I do think this actor who's in it,
00:56:38
Millie uh I think it's Alco uh is amazing. Was amazing. And I think it's a lovely I think it's a good it's a really
00:56:44
solid it wouldn't there's been some bad uh movies in this genre in the superhero
00:56:49
genre and lots of bad ones. This is not one of them and I'm sorry it's not doing
00:56:53
better. I bet it has a life outside of this time. Later it'll become a cult favorite I think cuz it's really
00:57:00
interesting and strange. >> I'll definitely go see. Look, I'm a big Superman afficionado and I love
00:57:05
>> Yeah, she's really interesting. It's dark. It's but it's dark and I can see why people wouldn't necessarily go to
00:57:10
it. So I get it. I get it. I get it. Anyway, and of course, the biggest win of the week is Taylor Swift.
00:57:15
Congratulations with you and Travis getting married. It's just >> it's nice. I mean,
00:57:19
>> two crazy kids. You two crazy kids. I hope for the best. I hope you can make it both of you.
00:57:23
>> It's great. But, you know, if guys, I would like to if you're probably not going to have another wedding, but if
00:57:28
there's an anniversary party, Cara and I would like to be invited because >> we will see.
00:57:33
>> You may have invited me to this, but I may have just missed it in the mail, but
00:57:36
I you know, I would like to be >> agree. We will be there for you. Anyway, uh Anthony, I really appreciate it. We
00:57:42
just for people know we want to hear from you. Send us your questions about business tech or whatever's on your
00:57:46
mind. Go to nymag.com/pivot. Submit a question for the show or call 85551 pivot. Okay, that is the show.
00:57:53
Thank you, Anthony. As always, people can check out your book, All the Wrong Moves this Fall. It's a it's a it's a
00:57:59
really terrific book. Thank you for listening to Pivot. Be sure to like and subscribe to our YouTube channel. We'll
00:58:04
be back on Friday again. Anthony, thank you so much. >> It's always great to be on with you,
00:58:08
Cara. Thank you, guys.