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so here we have it here they have
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they're trying to buy a presidency
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essentially I think Trump doesn't get
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what just happened with with JD Vance
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let me just take a moment we talked
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about him last week he his job record is
00:00:13
not good in Tech let me just say and and
00:00:15
including Steve Kate saying he didn't do
00:00:17
much right when he worked for him um he
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had a he had a firm that didn't do well
00:00:23
uh he he had one company took public
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that's gone bankrupt um he essentially
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was you know it really interesting cuz
00:00:29
Rachel M did a great thing on him uh
00:00:32
this week where she basically called him
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an intern for Peter teal Peter teal got
00:00:35
him all his jobs and then gave him money
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to run for Senate and now has pushed him
00:00:39
right into Trump's arms including
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getting the the Senate um endorsement
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which was critical to him and then
00:00:46
convincing Donald Jr to press the
00:00:48
president for this so you know this has
00:00:50
been a beat or teal operation the whole
00:00:52
time I I have to tip my hat to him
00:00:54
because I do think he's quite brilliant
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um not so much David saaks but he
00:00:59
certainly is but you know it's a small
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group of people they put up a list of
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them David sax did and it's all like the
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Winkle vosses and bunch of other this
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Sean McGuire person who never shuts up
00:01:09
um he's a VC it's all these unpleasant
00:01:11
VCS and um when you the information did
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a a poll of Voters uh Silicon Valley and
00:01:18
it was overwhelmingly Biden over Trump
00:01:21
the average people um and startup people
00:01:24
and this and that it's mostly these
00:01:26
incredibly Afflicted uh VCS who think
00:01:29
they're victims um so you know and
00:01:32
there's there's there's others on the
00:01:34
other side obviously um Reed Hoffman
00:01:36
Mark Cuban etc etc quietly Cheryl
00:01:39
Samberg it is a dramatic shift red
00:01:42
because in past I think the past couple
00:01:44
presidential elections you've had like
00:01:45
80 plus percent of the dollar volume
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coming out of the value has gone
00:01:48
Democratic these are real players the
00:01:50
thing that struck me was that I found it
00:01:54
a couple things one for SEO and andrees
00:01:56
to come out and be this political overly
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um must mean that they have such
00:02:03
extraordinary they feel they have such
00:02:04
extraordinary upside probably around
00:02:06
Bitcoin probably around some sort of
00:02:10
dialogue they've had with with President
00:02:12
Trump that if he's elected he's going to
00:02:14
do something that that totally
00:02:16
legitimizes or integrates Bitcoin
00:02:19
technology into whatever the Federal
00:02:20
Reserve or fiscal planning or some sort
00:02:22
of monetary policy that would take the
00:02:24
price of Bitcoin and crypto so far up
00:02:28
that they've decided to sort the risk is
00:02:29
what I got got to think here is if I'm
00:02:31
seoa has a Ottawa teachers or the state
00:02:35
pension fund from Michigan is limited
00:02:37
partners I got to think right away they
00:02:40
got letters saying okay let's be clear
00:02:43
we gave you money to get an above Market
00:02:45
return investing in startups we are not
00:02:48
interested in taking the pensions of
00:02:51
teachers of public school teachers in
00:02:53
Michigan yep and having it go to a trump
00:02:56
pack so the the deal here must be on the
00:02:59
face of it so incredibly lucrative in
00:03:03
terms of upside for them to publicly
00:03:05
come out in favor of trump it's just I
00:03:09
it's dramatic but the thing that's the
00:03:11
thing that's disappointing here is that
00:03:12
it's one thing when people so first off
00:03:14
citizens united it's too much money in
00:03:16
politics it is what it is the the
00:03:17
Supreme Court has decided that money is
00:03:19
Free Speech okay it is it is what it is
00:03:21
people have the right to give money and
00:03:24
it's going to result in influence this
00:03:26
seems to have taken it though to kind of
00:03:28
a next level of
00:03:30
uh pay to play that these are specific
00:03:33
issues that aren't even connected to any
00:03:35
sort of ideology or political way of
00:03:37
thinking it's a general notion that if I
00:03:39
give $45 million a month I'm pretty sure
00:03:43
he will place slap tariffs on byd the
00:03:46
largest ev Chinese EV company I'm pretty
00:03:49
sure that if these if we and andrees
00:03:53
give a lot of money to Trump that he
00:03:55
will do what we want around crypto this
00:03:57
is this feels like a kleptocracy it's
00:04:00
not supporting political ideology it's
00:04:03
just if I give you enough money you will
00:04:06
you will you will use the the strength
00:04:08
and the reach of the government to
00:04:10
ensure that I get I get sweetheart deals
00:04:13
and they're also trying to go against
00:04:15
competitors you know elon's way behind
00:04:16
an AI so attack open AI attack Google uh
00:04:20
one thing that's interesting is um is
00:04:23
with JD Vance we'll talk about in a
00:04:24
second but one of the things um you know
00:04:27
elon's bought Twitter and made it assful
00:04:29
but it's also oo part of a play which
00:04:30
Mark cubin told me was he said this
00:04:32
isn't about Twitter or anything else he
00:04:34
comes out of his stupid mouth it's about
00:04:36
his Global impact in terms of dealing
00:04:39
with autocrats and his other businesses
00:04:41
right he always was like focus on his
00:04:43
businesses care and not his stupid
00:04:45
remarks about trans people even though
00:04:47
they're stupid um you know but he's
00:04:50
erased any error of neutrality for the
00:04:51
platform the New York Times noted
00:04:53
another thing I would note is back in
00:04:54
March I said he was going to back Trump
00:04:56
and back him heavy and those his stance
00:04:59
came down on me like a ton of bricks
00:05:01
when I said that on Jennifer Jens saki
00:05:03
show and right you know because I know
00:05:05
he wants money and that was sort of
00:05:07
inspired by my a discussion I had with
00:05:09
Mark cubin I think he was 100% right he
00:05:11
predicted that and this role of JD Vance
00:05:15
uh in all this is interesting um you
00:05:17
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
00:05:22
a billionaire Butler um Rachel mat
00:05:24
called him Peter Teal's intern which I
00:05:25
thought was funny um Vance worked at
00:05:28
this Venture Capal said um and he's just
00:05:31
been Peter teal has been holding his
00:05:32
hand the whole time you know you know
00:05:34
holding everything to um to help him
00:05:37
along the way you know it's it's
00:05:39
literally like um you know they say
00:05:41
everyone gets on their own Merit this
00:05:43
guy is like the the a poster child for
00:05:46
uh special needs um he keeps getting
00:05:48
pushed upward even though he's not that
00:05:50
particularly successful um but he has
00:05:53
those stances he's bullish on crypto um
00:05:55
he owns Bitcoin uh he's he's actually
00:05:57
praised FC FTC charina con he's a
00:06:00
conservative for her efforts to crack
00:06:02
down on big Tech but the tech he's going
00:06:04
after is Google because in his words
00:06:06
it's explicitly Progressive technology
00:06:08
company they're also going after
00:06:10
Facebook which is interesting Mark and
00:06:12
Rec's on the board of that he's called
00:06:14
for the reform of section 230 he's just
00:06:16
in there he's in their pocket I just
00:06:18
don't know what else to say what do you
00:06:21
think yeah did like I said it feels like
00:06:24
a kleptocracy it's pay forplay it's not
00:06:26
on ideology it's you know I think I
00:06:29
think we've covered this I I the place I
00:06:31
disagree with you on I like JD
00:06:34
Vance does he have the credentials to be
00:06:36
vice president probably not he well I
00:06:39
don't know he's been there a year and a
00:06:40
half Scott he's passed no significant
00:06:42
legis how long was Obama there I get
00:06:44
that but nonetheless he's passed no
00:06:46
significant registation he's he had no
00:06:48
business he had he had no business
00:06:50
success I'm not a fan of the man I I
00:06:53
think that when the scariest thing in my
00:06:55
view around Trump is that he's uh in my
00:06:59
opinion lacks focus and wants to take us
00:07:02
to the handmaid's tale and 2025 if
00:07:04
you're interested is literally a
00:07:06
Manifesto for where they're planning to
00:07:07
go and the thing that scares me about
00:07:09
Vance is that he has said repeatedly I
00:07:11
don't care about Ukraine and generally
00:07:13
speaking throughout history when world
00:07:15
leaders have shown Western leaders have
00:07:17
shown an indifference to an autocrat
00:07:19
invading Europe it doesn't end well and
00:07:22
so I'm I you know I find both of these
00:07:24
people scarier and scariest but in terms
00:07:26
of just the pick itself and his
00:07:29
performance as a politician you know my
00:07:31
joke around Vance and I'll get you know
00:07:34
Vance is half Trump's
00:07:36
age hot and deep down hates Trump it's
00:07:40
Trump's fourth wife you know I agree
00:07:43
with you on that I I do think he's
00:07:44
thinking this is Don Jr successful but
00:07:47
this guy's not successful neither is Don
00:07:48
Jr and he was shoved he he was you know
00:07:51
they he made the decision supposedly
00:07:53
like right after he got shot which is
00:07:55
perfect Murdoch and other Sarah Palin
00:07:57
wasn't successful that that hasn't
00:07:59
gotten way Murdoch was pushing for beram
00:08:01
who is actually successful and he runs a
00:08:04
state even if it's a small state it's a
00:08:07
state um and same thing with Rubio I
00:08:09
don't like margar Rubio but he's an
00:08:10
experienced legislator this guy is like
00:08:13
a nobody he's a he's a vessel that said
00:08:15
there's a really good article I push
00:08:17
everyone to in Politico about people JD
00:08:20
Vance likes go find out who his
00:08:22
Inspirations are you will be disturbed
00:08:24
it's all cons very conservative catholic
00:08:28
christian theology who are very
00:08:30
frightening in terms of what they say
00:08:32
about gays about women about all kinds
00:08:35
of things there's a whole he help of
00:08:37
weird with this guy you know that the he
00:08:40
so said that these people on the far
00:08:41
left talking about like how do you be
00:08:43
misogynist and weird at the same time
00:08:44
are all cat owning childless people that
00:08:48
are deeply unhappy and hate children I'm
00:08:50
like
00:08:52
uhhuh he was like you liberals don't
00:08:55
believe in the future with childless and
00:08:56
I said I have [ __ ] children you have
00:08:59
wrong with your with you I don't get it
00:09:01
like I think he he mentioned children
00:09:03
was so strange it was such a strange
00:09:05
look just to keep it real because we
00:09:07
need somebody needs to have increasingly
00:09:10
honest and open and Urgent
00:09:12
conversations with President Biden
00:09:14
they're kicking our ass right now Cara
00:09:16
no I don't think they are kicking our
00:09:19
ass oh my gosh they're killing it I like
00:09:22
our chances I like our chances I
00:09:25
do band talk because of the bandage
00:09:28
that's why I've decided who are we
00:09:29
talking about when you say like our
00:09:31
chances who who women who do you think
00:09:32
once they get a whole heap in helping of
00:09:34
this guy they will he's not a good
00:09:36
choice he's made Trump vulnerable to a I
00:09:39
don't think Trump actually does believe
00:09:41
a lot of that stuff you know what I mean
00:09:42
this guy's a died in the
00:09:44
W strange one with the with the he's the
00:09:47
he's the handmaid's tail guy not Trump
00:09:50
necessarily
