00:00:00
so here we have it here they have they're trying to buy a presidency essentially I think Trump doesn't get
00:00:05
what just happened with with JD Vance let me just take a moment we talked about him last week he his job record is
00:00:13
not good in Tech let me just say and and including Steve Kate saying he didn't do
00:00:17
much right when he worked for him um he had a he had a firm that didn't do well uh he he had one company took public
00:00:24
that's gone bankrupt um he essentially was you know it really interesting cuz Rachel M did a great thing on him uh
00:00:32
this week where she basically called him an intern for Peter teal Peter teal got
00:00:35
him all his jobs and then gave him money to run for Senate and now has pushed him
00:00:39
right into Trump's arms including getting the the Senate um endorsement which was critical to him and then
00:00:46
convincing Donald Jr to press the president for this so you know this has been a beat or teal operation the whole
00:00:52
time I I have to tip my hat to him because I do think he's quite brilliant um not so much David saaks but he
00:00:59
certainly is but you know it's a small group of people they put up a list of them David sax did and it's all like the
00:01:04
Winkle vosses and bunch of other this Sean McGuire person who never shuts up um he's a VC it's all these unpleasant
00:01:11
VCS and um when you the information did a a poll of Voters uh Silicon Valley and
00:01:18
it was overwhelmingly Biden over Trump the average people um and startup people and this and that it's mostly these
00:01:26
incredibly Afflicted uh VCS who think they're victims um so you know and there's there's there's others on the
00:01:34
other side obviously um Reed Hoffman Mark Cuban etc etc quietly Cheryl Samberg it is a dramatic shift red
00:01:42
because in past I think the past couple presidential elections you've had like 80 plus percent of the dollar volume
00:01:47
coming out of the value has gone Democratic these are real players the thing that struck me was that I found it
00:01:54
a couple things one for SEO and andrees to come out and be this political overly
00:02:00
um must mean that they have such extraordinary they feel they have such extraordinary upside probably around
00:02:06
Bitcoin probably around some sort of dialogue they've had with with President Trump that if he's elected he's going to
00:02:14
do something that that totally legitimizes or integrates Bitcoin technology into whatever the Federal
00:02:20
Reserve or fiscal planning or some sort of monetary policy that would take the price of Bitcoin and crypto so far up
00:02:28
that they've decided to sort the risk is what I got got to think here is if I'm seoa has a Ottawa teachers or the state
00:02:35
pension fund from Michigan is limited partners I got to think right away they got letters saying okay let's be clear
00:02:43
we gave you money to get an above Market return investing in startups we are not
00:02:48
interested in taking the pensions of teachers of public school teachers in Michigan yep and having it go to a trump
00:02:56
pack so the the deal here must be on the face of it so incredibly lucrative in terms of upside for them to publicly
00:03:05
come out in favor of trump it's just I it's dramatic but the thing that's the thing that's disappointing here is that
00:03:12
it's one thing when people so first off citizens united it's too much money in politics it is what it is the the
00:03:17
Supreme Court has decided that money is Free Speech okay it is it is what it is people have the right to give money and
00:03:24
it's going to result in influence this seems to have taken it though to kind of a next level of
00:03:30
uh pay to play that these are specific issues that aren't even connected to any sort of ideology or political way of
00:03:37
thinking it's a general notion that if I give $45 million a month I'm pretty sure
00:03:43
he will place slap tariffs on byd the largest ev Chinese EV company I'm pretty sure that if these if we and andrees
00:03:53
give a lot of money to Trump that he will do what we want around crypto this is this feels like a kleptocracy it's
00:04:00
not supporting political ideology it's just if I give you enough money you will you will you will use the the strength
00:04:08
and the reach of the government to ensure that I get I get sweetheart deals and they're also trying to go against
00:04:15
competitors you know elon's way behind an AI so attack open AI attack Google uh one thing that's interesting is um is
00:04:23
with JD Vance we'll talk about in a second but one of the things um you know elon's bought Twitter and made it assful
00:04:29
but it's also oo part of a play which Mark cubin told me was he said this isn't about Twitter or anything else he
00:04:34
comes out of his stupid mouth it's about his Global impact in terms of dealing with autocrats and his other businesses
00:04:41
right he always was like focus on his businesses care and not his stupid remarks about trans people even though
00:04:47
they're stupid um you know but he's erased any error of neutrality for the platform the New York Times noted
00:04:53
another thing I would note is back in March I said he was going to back Trump and back him heavy and those his stance
00:04:59
came down on me like a ton of bricks when I said that on Jennifer Jens saki show and right you know because I know
00:05:05
he wants money and that was sort of inspired by my a discussion I had with Mark cubin I think he was 100% right he
00:05:11
predicted that and this role of JD Vance uh in all this is interesting um you know he's kind of a a tech bro uh Butler
00:05:20
he's a he's a tech bro Butler is what I a billionaire Butler um Rachel mat called him Peter Teal's intern which I
00:05:25
thought was funny um Vance worked at this Venture Capal said um and he's just been Peter teal has been holding his
00:05:32
hand the whole time you know you know holding everything to um to help him along the way you know it's it's
00:05:39
literally like um you know they say everyone gets on their own Merit this guy is like the the a poster child for
00:05:46
uh special needs um he keeps getting pushed upward even though he's not that particularly successful um but he has
00:05:53
those stances he's bullish on crypto um he owns Bitcoin uh he's he's actually praised FC FTC charina con he's a
00:06:00
conservative for her efforts to crack down on big Tech but the tech he's going after is Google because in his words
00:06:06
it's explicitly Progressive technology company they're also going after Facebook which is interesting Mark and
00:06:12
Rec's on the board of that he's called for the reform of section 230 he's just in there he's in their pocket I just
00:06:18
don't know what else to say what do you think yeah did like I said it feels like
00:06:24
a kleptocracy it's pay forplay it's not on ideology it's you know I think I think we've covered this I I the place I
00:06:31
disagree with you on I like JD Vance does he have the credentials to be vice president probably not he well I
00:06:39
don't know he's been there a year and a half Scott he's passed no significant legis how long was Obama there I get
00:06:44
that but nonetheless he's passed no significant registation he's he had no business he had he had no business
00:06:50
success I'm not a fan of the man I I think that when the scariest thing in my view around Trump is that he's uh in my
00:06:59
opinion lacks focus and wants to take us to the handmaid's tale and 2025 if you're interested is literally a
00:07:06
Manifesto for where they're planning to go and the thing that scares me about Vance is that he has said repeatedly I
00:07:11
don't care about Ukraine and generally speaking throughout history when world leaders have shown Western leaders have
00:07:17
shown an indifference to an autocrat invading Europe it doesn't end well and so I'm I you know I find both of these
00:07:24
people scarier and scariest but in terms of just the pick itself and his performance as a politician you know my
00:07:31
joke around Vance and I'll get you know Vance is half Trump's age hot and deep down hates Trump it's
00:07:40
Trump's fourth wife you know I agree with you on that I I do think he's thinking this is Don Jr successful but
00:07:47
this guy's not successful neither is Don Jr and he was shoved he he was you know
00:07:51
they he made the decision supposedly like right after he got shot which is perfect Murdoch and other Sarah Palin
00:07:57
wasn't successful that that hasn't gotten way Murdoch was pushing for beram who is actually successful and he runs a
00:08:04
state even if it's a small state it's a state um and same thing with Rubio I don't like margar Rubio but he's an
00:08:10
experienced legislator this guy is like a nobody he's a he's a vessel that said there's a really good article I push
00:08:17
everyone to in Politico about people JD Vance likes go find out who his Inspirations are you will be disturbed
00:08:24
it's all cons very conservative catholic christian theology who are very frightening in terms of what they say
00:08:32
about gays about women about all kinds of things there's a whole he help of weird with this guy you know that the he
00:08:40
so said that these people on the far left talking about like how do you be misogynist and weird at the same time
00:08:44
are all cat owning childless people that are deeply unhappy and hate children I'm
00:08:50
like uhhuh he was like you liberals don't believe in the future with childless and
00:08:56
I said I have [ __ ] children you have wrong with your with you I don't get it like I think he he mentioned children
00:09:03
was so strange it was such a strange look just to keep it real because we need somebody needs to have increasingly
00:09:10
honest and open and Urgent conversations with President Biden they're kicking our ass right now Cara
00:09:16
no I don't think they are kicking our ass oh my gosh they're killing it I like our chances I like our chances I
00:09:25
do band talk because of the bandage that's why I've decided who are we talking about when you say like our
00:09:31
chances who who women who do you think once they get a whole heap in helping of this guy they will he's not a good
00:09:36
choice he's made Trump vulnerable to a I don't think Trump actually does believe
00:09:41
a lot of that stuff you know what I mean this guy's a died in the W strange one with the with the he's the
00:09:47
he's the handmaid's tail guy not Trump necessarily