Episode 2886 CWSA 07/03/25
Big Beautiful Bill, Diddy, flailing Democrats, lots more ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure.
Good to see you. Have you lost weight? You're looking great this morning. Come on in. I got a show for you. It's just for you. Just for you. Let's check the stock market first. Well, the stock market is up. Good. Good. People are feeling patriotic and all that. All right. While you're streaming in…
View segment →highlight of human civilization. It's called Coffee with Scott Adams and you've never had a better time. But if you'd like to try to take this experience up to levels that no one could possibly understand with their tiny shiny human brains, all you need for that is a copper mug or a glass or a tanka…
View segment →didn't need to do if they had just asked Scott. Uh, oh, here's something from Aarhus University. The myth is busted. They say that men do not sleep through a baby crying more than a woman. Did any of you believe that men and women have different ability to hear a crying baby? Well, I didn't doubt i…
View segment →e doesn't want to wake you up. So, shh, don't say anything. We're all in this together, guys. Well, the Wall Street Journal was doing a hit piece on Tesla and Musk. I no longer see the news as purely the news. It all has this overt and obvious political element to it depending on the story. But any…
View segment →ll of his companies when obviously he was doing it before. Did he suddenly lose his ability to deal with multiple problems at the same time? I doubt it. But apparently if you're the Wall Street Journal, you can just sort of declare that you know what he's thinking and how he feels and what his inner…
View segment →lleged to have done are the things he was found guilty of, probably they wouldn't even take it to court. I think it was basically technically prostitution with women who clearly were, according to their own text messages, women who were consensually involved. That's it. Now, I don't obviously I'm t…
View segment →f those you don't get much or any of the SALT benefits. So everything's too complicated for anybody to understand. We'll see if it gets passed. The most easy example of two movies on one screen is that the critics and at least some of these scoring organizations say that it will drive up the debt o…
View segment →somebody that you don't know told you they did an analysis and they came up with a certain answer. Would you believe that? These are completely unknowable things at this point. So I do think that if anyone except Trump had said to me, we're going to goose the economy so much that we'll make extra m…
View segment →o the big DOGE cuts. Maybe. I mean, I feel like anything where you have to get 60 votes in the Senate will never happen, but maybe. All right, see what else we have. Let's check in with what the Democrats are saying about the big beautiful bill. Pramila Jayapal, Representative Jayapal says, quote,…
View segment →into kicking mom out of her nursing home, which by the way is not close to anything that's really going to happen, but wow, that's visual persuasion right there. Well, meanwhile, Trump says he's got a deal with Vietnam for trade in which there would be no tariff when we sell into Vietnam, but they…
View segment →. One ridiculous thing is that anybody could know if an election was rigged or not rigged successfully because if something is rigged successfully by definition you wouldn't know. That's what makes it successful. And the other ridiculous assumption is that the people who protested and including Trum…
View segment →idterms. Now, that's what James Carville says. Now, that would be an example of getting your base all riled up, but it does seem to suggest that he believes that you could rig an election. So can he talk to Anderson Cooper on CNN? Cuz he believes that an election can be rigged, but maybe not by rigg…
View segment →y supporting innovation and removing bureaucratic stuff and red tape and stuff. Now, hold that in your brain. Do you remember 2016 or so when I was one of the people on social media who was lobbying really hard for both sides of the aisle to understand that nuclear power was not just better than you…
View segment →Good to see you. Have you lost weight? You're looking great this morning. Come on in. I got a show for you. It's just for you. Just for you.
Let's check the stock market first. Well, the stock market is up. Good. Good. People are feeling patriotic and all that.
All right. While you're streaming in, let me get my comments working on Locals.
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That's right. Go.
Oh, it's just as good as I imagined it would be.
Well, I wonder if there's any science that they didn't need to do if they had just asked Scott.
Uh, oh, here's something from Aarhus University. The myth is busted. They say that men do not sleep through a baby crying more than a woman. Did any of you believe that men and women have different ability to hear a crying baby? Well, I didn't doubt it, but I did imagine that men are better at pretending to be asleep and not hearing a baby. It turns out that women still do three times as much of the baby tending at night. And much of that has to do with the fact that all men across the planet have agreed. It's sort of a silent agreement we all have. Even if you don't have children, you know the agreement, right, guys? You know what I'm talking about, right? That's right. As long as we all pretend that men can't hear crying babies, we can continue to stay in bed while your spouse goes off to check on the crying baby because she thinks you can't hear it and she doesn't want to wake you up. So, shh, don't say anything. We're all in this together, guys.
Well, the Wall Street Journal was doing a hit piece on Tesla and Musk. I no longer see the news as purely the news. It all has this overt and obvious political element to it depending on the story. But anything about Tesla and Elon Musk that comes out around now is definitely going to have a political bend to it.
But listen to this headline. This is the Wall Street Journal and this is their opinion piece here. It says Tesla is in disarray. Is it? Do you think Tesla is in disarray? What evidence would you have that Tesla's in disarray? All right. And that Musk has already moved beyond caring about cars. And so the idea is that he's shifted his focus to robots and robo taxis and he's letting the Tesla car company disintegrate in disarray.
Now, how would they know any of that? Are they in the meetings? Do they have some kind of source that's sleeping in a tent with them at the AI headquarters? Because he's spending a lot of time there lately. I don't think there's any real evidence that he has suddenly lost the ability to run all of his companies when obviously he was doing it before. Did he suddenly lose his ability to deal with multiple problems at the same time? I doubt it. But apparently if you're the Wall Street Journal, you can just sort of declare that you know what he's thinking and how he feels and what his inner thoughts are.
Anyway, there but it is true that their sales were down but we're talking about the period where politics were affecting everybody's buying decision. So if you just project forward a couple of years, do you think people will still not be buying a Tesla because they don't like what Trump did or what Musk did with DOGE? I don't know if this is some kind of a lifetime problem. Feels to me that if he keeps making cars that are unambiguously better than the other cars, that's going to have an effect on the market over time. So we'll see.
But also the value of Tesla does have a lot built into it about the optimism about robots and robo taxis. So it might be true that the Tesla ordinary car part of the company is now where all the value will be in just a few short years. That's what the market thinks, that the value is in the future stuff. And it's probably true because I do agree with Elon Musk who says that the humanoid robot market will be maybe the biggest market of any market of all time and Tesla might be leading that.
Well, Sean Diddy Combs has some good luck and some bad luck. Good news, bad news. Good news for Diddy is that he was acquitted on the most serious charges in the multi-charge case. The most serious ones would have given him potentially life in prison, but the jury found not guilty by unanimous decision. But he's still in jail and he's not getting bail because he was found guilty on two lesser charges which, as I listen to the people who know what they're talking about (which does not include me for any of the legal stuff), the people who know what they're talking about say that generally the crimes he's been convicted of now, they don't even prosecute that generally because it's so small that if this were someone else and the only thing he'd been alleged to have done are the things he was found guilty of, probably they wouldn't even take it to court. I think it was basically technically prostitution with women who clearly were, according to their own text messages, women who were consensually involved. That's it.
Now, I don't obviously I'm the worst one to talk about the legal stuff, but what I think is true is that he was accused of a technical crime in which there was no alleged victim because the victim has a text record of being consensually involved in all that stuff. So I asked a question on X. Is it too soon to talk about a pardon? Because here's my take. I'm not defending Diddy. I'm not a fan of his work and I certainly would not defend him beating up his ex in the hallway of the hotel. But that wasn't apparently what he was being tried for. I don't understand why. Seems like that would have been the obvious thing to try him on. But again, probably because the woman was not pressing charges. Do you even need to press charges if it's on video and we can all see it? I don't know how that works.
But so just to be clear, I don't think he's a good guy. And I'm sure he's been involved in things which if we knew for sure what he was doing, we'd say to ourselves, hmm that looks pretty bad. All right, so I'm not defending him, but I will defend the following standard, which is you don't treat Diddy worse than you would treat anybody else. And it sort of looks like they're treating him worse than they would treat other people. Because if someone else had been accused and convicted of only these things, we'll find out. If the judge gives him serious jail time for what he's been convicted of, I feel like a pardon is completely in order.
And Trump was asked about it. Steve Doocy asked about it in one of Trump's open Oval Office events just yesterday, I think. And Trump said he wasn't really paying attention to the case. So he didn't have an opinion on it. But I always forget that Trump had lots of interesting friends in the past. He lost a lot of them when he ran for office. But he actually was friendly with Diddy. So it's not a stranger for Trump. It's somebody he knows pretty well. But I guess Diddy probably changed when Trump ran for office. So Trump did not rule out a pardon, but he had also not looked into pardoning Diddy.
Now, depending on what I hear about what's going on with him, I might be in favor of the pardon. It's probably too soon to have a hard opinion on it, but I wouldn't want to see him treated in a way that would not be normal for anybody else to be treated. That seems like a reasonable standard. So we'll see.
Anyway, why in the world does he not get bail? Does anyone know why he doesn't get bail? The judge's reasons were that he can't demonstrate that he is not a danger to the community. Who can do that? You know what I can't do? I can't demonstrate that I'm not a danger to the community. Can you? How would you possibly demonstrate that? You could demonstrate what you are perhaps simply by being that, but how do you demonstrate that you would not do something dangerous? That's not even a real thing.
And they also say he's a flight risk. To which I say, a flight risk? Really? How in the world would he get on a flight? I guess a private flight. But he doesn't seem like a flight risk to me. He seems like somebody who worst case scenario might serve another year or two and then he's back in business. So is that a flight risk? I don't know. He served a year. If they told him that his record would be cleared and he could go back to his good life if he served one or two more, would that be enough for him to make him leave the country and become, you know, live in some place where they don't have an extradition treaty, which wouldn't be fun. I don't know. So keep an eye on that.
So give me an update. The big beautiful bill allegedly there was going to be a vote this morning and it's postponed. The early reporting is that they had the votes so they hadn't done the vote but they knew that they had the commitments for the vote to get it passed. And of course that was after Trump had private conversations with some of the holdouts. Wouldn't you love to have been a fly on the wall listening to Trump convince the final holdouts? Do you think there was any threatening going on? Probably. There was probably a lot of threatening going on. Some would call it blackmail, but I think it was just if you don't vote for this, you know, I will destroy you.
But it also might have been, and I think this is more likely, well, maybe equally likely, it might be equally likely true, that Trump convinced them that they'll do some serious deficit reduction in the upcoming budget process, which is a bigger process. So do you think the holdouts got a commitment that some of the DOGE stuff would be taken more seriously than it is in this bill? I don't know. We'll see. We don't know what they said.
But I was looking at people reporting what the big beautiful bill has in it because it got tweaked by the Senate a million times. And by the time it goes back to the House to see if they're okay with the Senate tweaks, we members of the public, we don't have any idea what's in that thing at this point. So I thought, well, I'll dive in and I'll see just some obvious questions. Like one of the things the bill allegedly does is it removes a tax on Social Security. Do you believe that? Do you believe the big beautiful bill eliminated taxes on Social Security? Because I saw online that it does. Well, probably not for me. There's some kind of an income cutoff and I would be above it. So if you're still working and you're getting a regular paycheck, it won't take much regular paycheck for you not to be eligible for the no tax on Social Security. So even something as simple as that, is there or is there not a tax on Social Security? You would have to do a deep dive to figure out where you stand in that. Do you even know? Do you even know if it applies to you?
Same with a number of other topics. So we've got this big beautiful bill that the public does not understand. The pundits, some might, some won't. But here's what I call the perfect situation. You know, if you look at the incentive of the people in Congress and you say, "Are they doing it for the money or are they doing it to keep their jobs?" You know, why do they vote the way they vote? Well, I would submit to you that the ideal bill for Congress is one where the public doesn't understand anything about what's in it. Because then both sides can criticize it with wildly misleading claims about what it does and doesn't do. And the public will not really have the time or interest or even ability to look at the details of the bill.
And if you're going to depend on watching the news or watching social media or watching even me and then oh well I'll watch my favorite pundits who seem really smart and they'll talk about the bill and then I'll know if I like it because the pundits said this or that is a good idea. Do you think the pundits, even the ones that you agree with, do you think they understand what's in the bill and all the implications? No, they don't. Very few might. Very few might. But you won't even know which the few are because the Republicans are all going to say the same thing.
If you talk to any Republican or anybody who supports Republicans and you say, "Did you cut Medicaid?" What will the Republican say? They would say, "Cut Medicaid? No, we protected it." And then they would give their argument that you don't understand about well you know it's for a lot of the people kicked off would be migrants and stuff and then you would walk away saying oh nobody's being kicked off of Medicaid that's not even a thing. It's just the people who shouldn't have been there. Waste and abuse, the non-citizens who you believe should not have been eligible, the people who refuse to work even though they're able-bodied. And so you're going to go away with the Republican view of it that nothing got cut and in fact it got strengthened by protecting against abuse.
And then if you happen to be a Democrat and you watch any of the Democrat-leaning news or social media, it will say that the mean old Republicans cut Medicaid and they will not specify who got cut. They'll just say it's a big ass number like 12 million or something. And then they'll say, "Well, 12 million people will lose their health care." And they'll act like it could be people, you know, and able-bodied people. And neither of those I would say that neither of those takes are accurate. It's just that you can say anything about a bill that people aren't going to look into on their own. So the two sides will just have the two different movies running. Which one's true? I'd say neither.
You know, I've heard the argument on both sides and then I've also read what the news reports about it and I would say to me it looks like neither side is telling the truth, but they don't need to because they know that their people will accept their version as the truth and then they'll just parrot it because our opinions are assigned to us. We don't come up with them on our own.
Anyway, so I was looking at what it would do to my taxes and pretty good. It looks like it might help me. But then I look at the SALT taxes. Yeah. The state and local taxes deduction that used to be there and then it was taken away. Taken away from the blue state residents like me but now it's back but there are all these caps on it so it doesn't make any difference to me you know if your house is above a certain level or your income is you don't get any of those you don't get much or any of the SALT benefits. So everything's too complicated for anybody to understand. We'll see if it gets passed.
The most easy example of two movies on one screen is that the critics and at least some of these scoring organizations say that it will drive up the debt or the deficit by over $3 trillion over time. $3 trillion. But the Trump administration would say they're not scoring it right because they're acting like nothing changes except the budget. But what would really change is that the budget could be part of a larger effort to goose the economy Trump style until the economy is just clicking away like we've never seen it. The GDP's up to five or seven or some number we've never even seen before. And it's producing all this extra revenue that the groups who do the analysis of the budget impact don't include because they just assume that the GDP does what it always does. And the whole point of it is to goose the GDP so it doesn't do what it always did, but it does way better.
So Trump and company would say it's going to reduce the deficit by two trillion. So now we have a $5 trillion gap between what the Democrats are being told the bill will do and what the Republicans are being told it will do. So will it cost you three trillion or will it save you two trillion? Which one do you believe is true? And the answer is, I don't know. How would I know? I mean, really, how would I know? How would you know? Because somebody that you don't know told you they did an analysis and they came up with a certain answer. Would you believe that? These are completely unknowable things at this point.
So I do think that if anyone except Trump had said to me, we're going to goose the economy so much that we'll make extra money. If anyone else had said that, I would not believe it for a second. Because I would just think they're going to do normal stuff and get normal results. But Trump, he does now have a solid track record of doing things that other people can't get done and achieving things that even if you were very pro-Trump, you might have said to yourself, "Well, he's never going to get that done." And then he does. So he might be able to goose the economy like we've never seen before. Certainly, he has all the tools to do that now. And some of it is luck, but it all seems lined up at this point that maybe we could see an economy like we've just never seen before. Could happen.
And then maybe this would be the Republican best case scenario. Maybe when the upcoming budget process is engaged, and that wouldn't be too many months from now. I think it happens in a few months that that's where they do the big DOGE cuts. Maybe. I mean, I feel like anything where you have to get 60 votes in the Senate will never happen, but maybe.
All right, see what else we have. Let's check in with what the Democrats are saying about the big beautiful bill. Pramila Jayapal, Representative Jayapal says, quote, "If they do succeed today," which means getting the big beautiful bill signed, "July 4th is going to be about apple pie kicking mom out of her nursing home and health care for no one." And so she's telling her constituents that the bill will remove health care for everyone. How many of the Democrat public will know that that's just not true or not close to true? It's just miles away from being true. How many will know that? I don't know. Probably the people who support her would not be looking into it. And if they looked into it, they'd turn on MSNBC. And MSNBC would say, "Oh yeah, here's this example of somebody who got kicked out of a nursing home." And they won't ask questions like, you know, "Were you supposed to be there in the first place? Did you legally have access to this?"
So that's her take. However, I'm gonna give her persuasion points for being visual in her persuasion because listen, just listen to this thing she said: kicking mom out of her nursing home. That one you feel because you see your own mom and you see the building and you say to yourself, "Holy, what am I going to do if I don't have professionals taking care of her and somebody else paying the bill for it?" You know, I can't stay home from work. I can't afford to do it on my own. That one really hits. So I don't want to give her advice, but if you're talking about a budget and you can turn it into kicking mom out of her nursing home, which by the way is not close to anything that's really going to happen, but wow, that's visual persuasion right there.
Well, meanwhile, Trump says he's got a deal with Vietnam for trade in which there would be no tariff when we sell into Vietnam, but they would still pay a 20% tariff for what they're selling into the US. So that would be a... Oh, and also the bigger part is that Vietnam would not be allowed to take Chinese products and just ship it through Vietnam so it looks like it came from Vietnam to avoid the higher tariffs. The US would impose extra tariffs on stuff that came from China first and that would be a 40% tariff. So Vietnam agreed to that apparently. So that's like a really big deal because it sort of validates what Trump was saying that we have the most valuable market. So we can essentially charge other countries an entry fee just to have access to the market. So Vietnam will pay well, you know, you could say that US companies are paying it, but the point is that it would suppress imports from Vietnam. And sure enough, it would put a price on access to American markets.
There's a report. Anyway, so what's the big deal about the Vietnam thing is if it's true, and it's probably too soon to know if it's the final deal, but if he really got this, it's going to validate everything he said. It's just going to make him look like he was so right about tariffs that the other trade deals might hasten to make a deal maybe. So Trump's having the best summer ever.
Speaking of which, allegedly, according to the Times of Israel, Hamas is satisfied with the Trump-motivated ceasefire idea. So that would mean that Israel said yes to a ceasefire for Gaza and that Hamas has agreed to the terms. Do you believe that? I'm going to put that in my category of too soon. And I only see one source so far, Times of Israel. Now, I'm not saying the Times of Israel is low credibility. I'm just saying that this topic is low credibility. That if you hear that Hamas agreed to do something reasonable, what should be your first response to that? Should you say to yourself, "Wow, finally Hamas decided to be reasonable and make a deal." Or would it be more reasonable to say Hamas is never going to make a reasonable deal with anybody, so obviously the story can't be true? I lean toward I don't think Hamas can make a reasonable deal with anybody. So I lean toward this not being a true story. So I'm not going to embrace it yet. But it would be really impressive if Trump got this done right before the 4th of July. Oh my goodness.
So my optimism wants it to be true because it would be incredible. I mean, it would just be jaw-droppingly give me the Nobel Peace Prize. You know, that conversation is over forever. Best president of all time. So I mean it'd be wonderful if it's true, but I'm going to bet against it at the moment. Maybe it'll be true later.
Well, in a story that in normal times would be the biggest story in the country, but it's just sort of a thing that passes by at this point. CIA director John Ratcliffe. So he's head of the CIA. The CIA did an analysis of the Russia collusion prosecution against Trump. I call it the Russia collusion hoax. And what they concluded was that, and I love this because they concluded exactly what you and I thought was true. So see how many of you say, "Uh, that's what I thought was the case from day one." So they say that John Brennan and Clapper and Comey manipulated intelligence and silenced career professionals all so they could pursue Trump and try to drive him out of office with essentially just made-up stuff. And according to CIA director John Ratcliffe, the CIA can conclude that they were bad actors who tried to essentially overthrow the election.
Now, when you saw Brennan and Clapper appear on all the networks that they appeared on during the time when the Russia collusion thing was at its peak, didn't you know that they were the two guys behind it and that they had manipulated things? Couldn't you tell every time they appeared on TV? Because I could. I just didn't want to say it out loud because I thought, well, I don't have evidence. So if you don't have evidence, you know, you don't want to get sued for libel or something. But every time I saw Brennan and Clapper, they looked so obviously like they were lying and they were obviously the ones who had the most, you know, their hands on the levers of what happens and what doesn't happen. It seemed really, really super glaringly obvious that they were trying to overthrow the country with their winged monkeys and the media supporting them. So to me, this is just the oldest news in the world. But the new part is that the CIA confirms it. They looked into it. So yes, these three guys, if you had Comey in there as the third, that they literally manipulated things and ignored things that they shouldn't have ignored and focused on things they shouldn't have focused on and they did it intentionally to Trump.
Now, I don't know what the criminal penalty is for that, but it's also part of the twin hoaxes at the moment. Well, you know the story of the fine people hoax that was the central tentpole hoax that was holding the Democrats together. You know, no matter what they thought about their own bad politicians, you could always depend on a Democrat to believe the fine people hoax. And they would say things like, "Well, yeah, my side isn't doing so well, but at least they're not promoting neo-Nazis," which of course never happened in the real world. Trump denounced them. He did not promote them. But as long as that hoax was there, Democrats could manipulate their base because they'd say, "Trump is worse. Look at what he said in Charlottesville," which of course he did not say. He said the opposite. So that hoax was holding up all the other hoaxes and then it collapsed.
So what did they do? They just put in a new tentpole. The new tentpole is January 6. The January 6 quote insurrection. And I was listening to CNN yesterday, I guess, and Anderson Cooper had some journalist on. And the journalist was just so deep into the pure propaganda. No, the 2020 election, the fact that Biden won is a fact. It's a fact. And do you know how he defended that he alone apparently would know that the election was not rigged cuz it's a fact. It's a fact. You can't change it. It's a fact. But you know, there's nothing you can say because it's a fact. It's just a fact. And he would just say that over and over again until the idiots watching that network would say, "Well, I guess we know that for sure." To which I say, "How would anybody know that for sure? Are you telling me that if our CIA tried to throw an election in another country that they get caught every time? Are you telling me that there's nobody involved in United States politics or intelligence or anywhere who would know how to cheat one of our elections? How would we possibly know if somebody knew how to cheat the election and whether they didn't? You can't know what you don't know."
And how in the world do these journalists get off telling you it's a fact when nobody can know that? That is a completely unknowable proposition. Now, do I have proof that that election was rigged? No. No, I don't have any proof of that. The only thing I know for sure with 100% certainty is that you couldn't know just by following the news. Yeah. What are you going to do? You can tell if the election is good because the news said it was good. Have you learned nothing about the news?
And then Anderson Cooper was agreeing with his guests. You know, it's a fact. It's a fact. It's a fact. Now, in order to sell that fact, they have to get you to believe two ridiculous things. One ridiculous thing is that anybody could know if an election was rigged or not rigged successfully because if something is rigged successfully by definition you wouldn't know. That's what makes it successful. And the other ridiculous assumption is that the people who protested and including Trump knew that the election was won by Biden and were simply pretending it didn't happen. Pretending they were simply pretending that it was an illegitimate election so that they could take over the country by what? Wandering around in a building and trespassing. Is that how you take over a country?
So the January 6 hoax has the two most ridiculous assumptions at its core that anybody could know if an election was rigged and that the people on January 6 believed that it was totally fairly went to Biden and that they were there to try to change it to Trump because of his authoritarian blah blah blah brainwashing propaganda. It's a cult. Oh my goodness. It's the weakest hoax of all time because you don't even need to do any research to know that those two problems exist, the ones I mentioned, but it's all they have.
So the Democrats are a hoax-based machine. They need at least one tentpole hoax. Tentpole hoax means it's the main one that makes all the other hoaxes look like they're reasonable. Because all the other stuff that they say about Trump, just like the fine people hoax, where if they could sell that as being true, then any other accusation of being racist sounded like it was true because you say to yourself, well, if the main thing that would make him a racist, the fine people hoax, if that main thing is true, it's really easy to believe all the other accusations because you've already established who he is. So now they've taken that technique over to the insurrection and they'll say if you buy the fact that he was part of a knowing he had not been elected but trying to take the job anyway, then all of the other accusations about authoritarianism, they all sound true because you say to yourself, well, he tried to conquer the country and stay in office once. So then they can sell you that he doesn't plan to leave after a second term, which you would never believe unless you had fallen for the tentpole hoax, which is that he had already tried once to conquer the country by telling his followers to trespass and wander around in a building without any guns.
So anyway, beware the fine people hoax. We'll take care of that one. I'll work on that one.
The University of California system, so that's the system that binds together all the various California universities, has announced that boycotts of Israel will be banned and that's because of pressure from Trump on funding. So now they're banning protests against Israel or boycotts of Israel. To which Glenn Greenwald might ask, are they now allowed to boycott everybody but Israel? What if the University of California system didn't say no if they decided to boycott some other country? Or do we really have laws now that are Israel specific and it's the one place you can't boycott? I don't know.
So while I'm certainly in favor of tamping down any signs of anti-Semitism, I'm not sure if boycotting a country quite satisfies the anti-Semitism claim. Because I would wonder, you know, it would make more sense if they said you can't boycott anybody. You know, maybe universally should not be involved in boycotting. Or if we said you can't boycott anybody who's an ally of the United States, that wouldn't be bad, would it? Because then it's not Israel specific, but it would include anybody who's an ally of the United States. So what happens if somebody wants to boycott Russia? Still legal, still okay? Or boycott China? Don't we always talk about not buying China stuff? Effectively, you know, a boycott. So I guess we have laws now that apply to one country.
Let's see. What else is happening? Yeah, CNN is announcing that they're saying that CEOs are now admitting that there's going to be a lot of layoffs with AI. Oh no. I'm sorry. There's two opposite stories. I'm confusing them. The positive story is that CNN is admitting that the number of layoffs under Trump have declined tremendously. So apparently they went out of their way to say a story that was just unambiguously positive for Trump. Again, I've been telling you CNN's making a legitimate attempt to include a little bit of both sides, which I had not seen before. So it is a change, but this is a good example of that, admitting that the number of layoffs under Trump are way down, down 49%.
But not all good news. Meanwhile, a federal judge, let's see if you understand this better than I do because the legal stuff is just so far out of my domain. But a federal judge in Washington DC just ruled that Trump does not have the power to declare that he's going to close the asylum process because it's turned into an invasion. So the word invasion is the active word. So Trump was saying that if it's an invasion the federal government has responsibility of repelling it on behalf of the states and that's all he was doing. The executive order closed the asylum process as his response to the quote invasion.
Now, the federal judge says that invasion language doesn't give Trump any new powers that he didn't have before. So he doesn't really have that power. And the part I don't understand is that the Supreme Court just ruled that a federal judge can't overrule something that applies to the entire country. They can only do things that apply to their domain. So how did this judge do the very thing that the Supreme Court just made illegal? Well, it has something to do with declaring future asylum seekers a protected class. And here's where I'm going to bow out. Because if you understand the law well enough to know why that is an appropriate workaround to just simply declare them a class. How exactly does that give him the power to do what the Supreme Court just said you guys can't do? You can't block something nationwide if you're just a federal judge. Oh no. We'll just declare that these people who might come in in the future are a protected class. Somehow that works around it. How's that work?
All right. So I'm a little bit confused by it. I assume it'll go to the Supreme Court. I assume the Supreme Court would say you can't do this trick to get around our ruling. I don't know. Maybe it would go the other way. So listen to the people who know something about the law if you want to know more about that.
Meanwhile, James Carville, he says that he thinks that Trump's going to try to rig the midterm election. And he says that Trump can't possibly win fair and square in the midterms because the big beautiful bill is about 25 points underwater in terms of popularity in the country in general. And that's he's that Trump will have a massive defeat and he's not going to be able to handle that. So that Trump will declare martial law or declare that there's some other national emergency so that he can throw out the results of the midterms. Now, that's what James Carville says. Now, that would be an example of getting your base all riled up, but it does seem to suggest that he believes that you could rig an election. So can he talk to Anderson Cooper on CNN? Cuz he believes that an election can be rigged, but maybe not by rigging the vote. I think he's suggesting that he might rig something about the system, you know, declaring an emergency or martial law or something, which would be more overthrowing an election than rigging it.
Going back to Representative Jayapal, here's what she's saying on CNN. She says, "What is deranged and cruel and outrageous is that literally we're seeing literally like literally actually happening. We're seeing ICE agents and they're coming and kidnapping and disappearing people on the streets of the United States." Is that happening? Are they kidnapping and disappearing people or just people who are illegal and shouldn't be here in the first place? Well, probably their net is picking up more people than you thought they would. So there is a little bit of that. So this is hyperbole. Of course, there's no kidnapping and there's no disappearing. But I can definitely see that the aggressive approach to immigration is going to pick up some people who are not the worst of the worst and they will get shipped off to who knows where.
So my take on this is that it does transfer a burden from the legal citizens of the United States and their risk would be having too many people come in who were not vetted. It shifts the burden to the people who have already come in illegally. Now I don't mind shifting burden from the people who are obeying the law to the people who did not obey the law. That does seem, you know, my empathy gene kicks in and I definitely have empathy for the population that is being most affected. I have lots of empathy. But from a conceptual level, philosophically, shifting the burden from the people who are doing everything right to the people who are trying to get a little extra from the system, that doesn't seem terrible even though it does have a price.
There's this guy Eli Mystal, you've seen him. He looks like he has the big white afro and he's often on MSNBC. Well, he was on Joy Reid's podcast and he said that America is the bad guys on the world stage and a menace to free and peaceful people because America is the one causing all the trouble. To which I say, well, that's sort of true, but I would say that America pursues its national best interest, which is often tied to its multinational profitability. And that's not really pleasant for the rest of the world. But every country gets the opportunity to pursue their own best interest. We don't complain too much when other countries do it. We just say, "Well, obviously everybody pursues their own best interests." So yeah, we're sort of the bad guys to other countries because we're doing the same thing they're doing, pursuing our own best interests. So he's kind of right and kind of wrong at the same time.
CNN's Harry Enten was blown away, as was I, by new data showing that Democrats have shifted massively from being pro-Israel to being pro-Palestinian and anti-Israel. And the shift is enormous. The pro-Palestinian position is up by 43 points. 43 points. In other words, it's not even close. That it's one of the few issues where it's just not close. So the Democrats are just anti-Israel, pro-Palestinian, and the Republicans. I haven't seen the Republican numbers, but probably not that. My guess is that the Republicans are still pro-Israel by a majority, but I don't know.
So obviously the Gaza situation and the military might that Israel has been employing with US support is not popular, but I didn't see that it could ever move that much. So apparently something big is happening. I don't know if it's a TikTok effect, a social media effect, but if you take the Gaza situation and you put it all over TikTok and social media, I can see how you could turn half of the country 180. Looks like that's what happened.
According to the Wall Street Journal, there's a bunch of CEOs who are now saying that AI will vastly reduce the number of jobs. Now remember, at the moment, the number of jobs is looking good. So employment looks pretty good and we've had AI for kind of two years and so far not really any direct effect on the overall job situation. Definitely affect some individual companies, but overall employment stayed strong. And I'm wondering if this is an example of the Adams law of slow-moving disasters where if everyone can see the problem coming like all these CEOs, I think the CEO of Anthropic, which is an AI company, says we'll see unemployment levels of 10 to 20% from AI replacing people. Now that would be unemployment of 20%. That's depression level, isn't it? Correct me if I'm wrong, but I think even the Great Depression was around 20% unemployment. That's hard to survive that level. And I think the CEO of Ford says that half of all white collar workers might be replaced by AI.
But I'm going to be a little bit skeptical about these predictions. I think it's a little bit too obvious and easy to say that oh AI will replace a bunch of workers. If you're wrong, nobody's going to be mad at you. They'll just be happy that nothing bad happened. And if you're right, you get to say, "Look how right I was." So it's sort of a safe, easy, routine thing to predict. Oh yeah. The AI will take half our jobs. But so far, I feel like it will definitely take jobs in some businesses and some industries, but I don't know. I feel like maybe as many jobs will be created as there are taken away. We'll see. I'm a skeptic. I'm a loss.
Apparently in LA there's some kind of $30 minimum wage hike that was passed by the city council. So if you have a hotel in LA, you would have to pay all of your workers a minimum of $30 an hour. Now, the federal minimum wage is still like $7.50, but a lot of states have higher ones, like $15 maybe. I don't know what it is in California. Is it $15 minimum wage? But for the hotels, it would be $30 minimum wage. And of course, the hotels are saying they can't survive that. And maybe they can't.
Well, let's talk about Jerome Powell. Does it feel to you that Jerome Powell has that Joe Biden vibe now? When I see pictures of Jerome Powell, he doesn't look like he still has his fastball. Now, it's still only based on the videos and the pictures. It's not even based on anything he says or believes or anything like that. It's based on just the vibe. He's got that Joe Biden, you know, I stayed in the job too long vibe.
But Bill Pulte is pointing out that when Powell testified to the Senate Banking Committee, so that's a testimony under oath I think, that he had answered some questions dishonestly and the questions were involved a new building that was being built for the Fed and he was being asked about some of the alleged luxuries that were being built into the building, I'll call them luxuries, like a rooftop garden and some stuff like that. And that he must have said that they're not planning that. And now we know that maybe that is part of the plan. So if he lied to Congress, is that grounds for removing him from the Fed? Because it was a big project. It was I think it was over a billion dollars in construction that they were looking at. Well, Bill Pulte has called this out as potential grounds for removing him along with being too late about everything. So and then Trump has agreed with that to put more pressure on Powell.
There's new video of this Zohran Mamdani guy back in 2021. We already saw the video where he said that the ultimate goal is seizing the means of production which confirms that he's a communist, not just a socialist, but actually wants to go full communist, seizing the means of production. In other words, the government owning all the factories and the productions. I don't know. But apparently he also in a similar video in 2021 said something about I think the government taking over the penthouses and turning them into low-cost housing. So basically getting rid of private ownership of residential homes. Now, you might argue that there's no such thing as private ownership of homes in the United States because if you're paying property tax, which you are, if you stop paying the property tax, you'd be jailed by the government. So you could argue that we already don't have private ownership of business, but it's closer to private than the idea of the government owning it directly.
So yes, Mamdani with his creepy communist smile. That smile that every time you see it, you say to yourself, "Wait a minute, that smile looks like a snake oil salesman. Somebody is trying to put one over on me." He has the least trustable face because of that weird smile, the creepy communist smile. So we'll see if that becomes an issue.
Well, Newsmax is talking about how the Washington Post has a big opinion piece about how Trump can lead the US to a nuclear energy revolution by supporting innovation and removing bureaucratic stuff and red tape and stuff. Now, hold that in your brain. Do you remember 2016 or so when I was one of the people on social media who was lobbying really hard for both sides of the aisle to understand that nuclear power was not just better than you thought it was in terms of safety and economics etc. but required that we would never make it into the future as an important country unless we had turned around completely our nuclear energy policies and made them pro-nuclear power plants being built. So that's now the common opinion on both the left and the right because the Washington Post opinion piece would represent I think the left fully embracing you know maybe not the left left left but the ordinary left embracing nuclear power as a requirement but also the fact that they would write an article saying that Trump might be exactly the right person to get us there because he's big on removing the unnecessary regulations. That's amazing. It's just amazing that this even exists in the Washington Post.
And then I said to myself, oh, wait a minute. Did the Washington Post just think from first principles and came to this idea that now they can be full-throatedly embracing nuclear energy. Is that what just happened? Or is it possible that the Washington Post is owned by Jeff Bezos? It is. And that Jeff Bezos needs massive amounts of electricity to run his robot factories and his own AI. Oh yeah. So the owner of the Washington Post absolutely cannot survive in the future without massive nuclear power and every other kind of energy. So did the Washington Post on their own come up with a new love for nuclear energy or do they know who they work for and they know that the business of the owner, you know, the extended business of all of his businesses can't survive without a robust nuclear energy industry in the United States? Just asking.
All right. According to Modernity, John Fleetwood, the Xfinity company, the one who provides cable and Wi-Fi to your house, at least does in my house, they now can spy on your physical movements in your house via your Wi-Fi. So you've probably seen stories about this where Wi-Fi can see interference and it can draw a little picture of where you are in your house. Did you know that? Now, that's not a big problem except there's an allegation that Palantir, which is a big government contracted company that has connections to a whole bunch of data about you. So do you feel okay that Palantir might, I don't know this for sure, but might someday have access to the Wi-Fi movement information so they could tell where you are in your house and maybe even decisions about what you might be doing and what you might do in the future. I don't know how much of this is real and how much of this is people just worrying that it could become real, but it's pretty scary. So I don't know if it's real or just a potential real thing. It is real that they can determine where you are. So even Xfinity is advertising that. What we don't know or I don't know is if Palantir is going to have access to that data and use it in some way you don't like.
All right. Fox News is reporting how the IAEA has warned that Iran could restart their uranium enrichment within months despite the US strikes. So do you buy that? So even Iran has admitted that the nuclear program was hit hard and you know a lot of destruction. But do you believe the IAEA who are experts in this field that they could start enriching in a few months? I don't know. I don't know how they would know that. But we also wouldn't know what they can do that we don't know about. So I don't know.
So anyway, some bipartisan lawmakers, people on both sides have proposed that we put together a plan to sell B-2 stealth bombers to Israel so that we don't have to be involved if Israel wants to rebomb Iran. Is that a good idea or a terrible idea? Because I feel like Trump got a lot of benefit from being the only one who could do these bunker buster bombs. If Israel could do it on its own, then Trump would have had no leverage over Israel, right? And we like it when you know because we know Israel is influential in the United States in Congress. Wouldn't it be good if there was some influence that worked both ways and it was pretty strong influence? Cuz then you've got a more productive ally situation where you're both you both got your hand on a lever and sometimes one prevails and sometimes the other, but you know, you're both pushing. I don't know. I don't know if that's a good idea or a bad idea.
There's another report in Newsmax that North Korea is going to be sending 25,000 to 30,000 soldiers to boost the Russian military in Ukraine. Is that because Russia is running out of troops? Or whether they were running out or not, it's just cheaper and easier to burn up these North Korean soldiers who don't even know why they're there. So it could be either one. I'm not sure I'd read too much into it.
All right, that is all I have to say today. And look how I came pretty close to 8:00. So did the big beautiful bill get voted on? You remember my prediction? My prediction is that they would delay it after July 4th. So I don't have a prediction about whether it gets signed, just a prediction that they're not going to make the July 4th deadline. They tried and I think there's still a really good chance they're going to hit it. So we'll compare my prediction that they won't hit it to all the reporting that's a lot smarter than me that says, "Yeah, it looks like they're going to hit it." So I see in the comments that Jack Pobiec thinks it will happen today. I think most people think it will happen today because Trump's going to put the pressure from hell on the Republicans. Trump really, really, really, really wants this to happen before July 4th or even on July 4th. And he's going to push as hard as anybody ever pushed anybody, but anything to get it done. So I would agree with Jack that the odds are it'll get done, but I'm still going to go with my prediction that it won't just to be a contrarian.
All right. All right. That's all I got. I'm going to say a few words to the people on Locals, my beloved subscribers on Locals. The rest of you, thanks for joining and I will see you again tomorrow. Same time, same place. Hope you enjoyed it.
Good to see you.
Have you lost weight?
You're looking great this morning.
Come on in.
I got a show for you.
It's just for you.
Just for you.
Let's check your uh stock market first.
Well, stock market is up.
Good.
Good.
People are feeling patriotic and all that.
All right.
While you're streaming in, let me get my comments working on locals.
Good morning everyone and welcome to the highlight of human civilization.
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Oh, it's just as good as I imagined it would be.
Well, I wonder if there's any science that they didn't need to do.
if they had just asked Scott.
Uh, oh, here's something from Aros University.
Um, the myth is busted.
They say that men do not sleep through a baby crying um more than a woman.
Did Did any of you believe that men and women have different ability to hear a crying baby?
Well, I didn't doubt it, but I did imagine that men are better at pretending to be asleep and not hearing a baby.
It turns out that women still do three times as much of the baby tending at night.
And uh much of that has to do with the fact that all men across the planet have agreed.
It's sort of a silent agreement we all have.
Even if you don't have children, you know the agreement, right, guys?
You know what I'm talking about, right?
That's right.
As long as we all pretend that men can't hear crying babies, we can continue to stay in bed while your spouse goes off to check on the crying baby because she thinks you can't hear it and she doesn't want to wake you up.
So, shh, don't say anything.
We're all in this together, guys.
Well, the Wall Street Journal was doing a hit piece on Tesla and Musk.
Um, I no longer see the news as purely the news.
It all has this, you know, real overt and obvious political element to it depending on the story.
But anything about uh Tesla and Elon Musk that comes out around now is definitely going to have a political bend to it.
But listen to this headline.
This is the Wall Street Journal and this is their uh their opinion piece here.
It says Tesla is in disarray.
Is it?
Do you think Tesla is in disarray?
What?
What evidence would you have that Tesla's in disarray?
All right.
Um, and that Musk has already moved beyond caring about cars.
And so the idea is that he's shifted his focus to robots and and robo taxis and he's letting the Tesla car company um disintegrate in disarray.
Now, how would they know any of that?
Are they in the meetings?
Do they have some kind of source that's sleeping in a tent with them at the AI headquarters?
Because, you know, he's spending a lot of time there lately.
Um, I don't think there's any real evidence that he has the suddenly he has the inability to run all of his companies when obviously he was doing it before.
Did Did he suddenly lose his ability to deal with multiple problems at the same time?
I doubt it, but but apparently if you Wall Street Journal, you can just sort of declare that you know what he's he's thinking and how he feels and what his inner thoughts are.
Anyway, there but it is true that their sales were down but we're talking about the period where politics were affecting everybody's buying decision.
So if you just project forward, you know, a couple of years, do you think people will still not be buying a Tesla because they don't like what Trump did with or what must with Doge?
I don't know if this is some kind of a a lifetime problem.
Um, feels to me that if if he keeps making cars that are unambiguously better than the other cars, that's going to have an effect on the market over time.
So, we'll see.
But also, the uh value of Tesla does have a lot built into it about the optimism about robots and robo taxis.
So um it might be true that the Tesla ordinary car part of the company is now where all the value will be in just a few short years.
That's what the market thinks that the that the value is in the future stuff.
And it's probably true because I do agree with uh Elon Musk who says that the humanoid robot market will be maybe the biggest market of any market of all time and Tesla might be leading that.
Well, Sean Diddy Combmes has some good luck and some bad luck.
Good news, bad news.
Good news for Diddy is that he was acquitted on the most serious charges um in the multi-charge case.
The most serious ones would have given him potentially life in prison, but those the jury found not guilty by unanimous decision.
But he's still in jail and he's not getting bail because he was found guilty on two lesser charges which uh as I listen to the people who know what they're talking about which does not include me for any of the legal stuff.
the uh people who know what they're talking about say that um generally the crimes he's he's uh he's been convicted of now that that they don't even prosecute that generally because it's so small that if this were someone else and the only thing he'd been alleged to have done are the things he was found guilty of probably they wouldn't even take it to court.
Um, I think it was basically technically prostitution with women who clearly were um, according to their own text messages, um, women who were consensually involved.
That's it.
Now, I don't, you know, obviously I'm the worst one to talk about the legal stuff, but what I I think is true is that he was accused of a technical crime in which there was no there's no alleged victim because the victim has a text record of being consensually involved in all that stuff.
So, so I asked a question on X.
Is it too soon to talk about a pardon?
Because here's my take.
I'm not defending Diddy.
I'm not I'm not a fan of his work and I certainly would not defend him beating up his ex in the hallway of the hotel.
But that wasn't apparently he wasn't being tried for that.
I don't understand why.
Seems like that would have been the obvious thing to try him on.
But again, probably because the woman was not pressing charges.
Do you even need to press charges if it's on video and we can all see it?
I don't know how that works.
But so just to be clear, I don't think he's a good guy.
And I'm sure he's been involved in things which if we knew for sure what he was doing, we'd say to ourselves, M.
H that looks pretty bad.
All right, so I'm not defending him, but I will defend the following standard, which is you don't treat Diddy worse than you would treat anybody else.
And it sort of looks like they're treating him worse than they would treat other people.
Um because if someone else had been accused and convicted of only these things, um we'll find out.
If the judge gives him serious jail time for what he's been convicted of, I feel like a pardon is completely in order.
And Trump was asked about it.
Steve Ducey asked about it in one of Trump's uh open oval office events just yesterday, I think.
And Trump said he, you know, wasn't really paying attention to the case.
So, he didn't have an opinion on it.
But I always forget that Trump had lots of interesting friends in the past.
He lost a lot of them when he ran for office.
But he actually was friendly with Diddy.
So, it's not a stranger for Trump.
It's somebody he knows pretty well.
But, you know, I guess did he probably changed when Trump ran for office.
So Trump did not rule out, but he had also not looked into pardoning, did he?
Now, depending on what I hear, you know, about what's going on with him, um, I might be in favor of the pardon, uh, it's probably too soon to have a hard opinion on it, but I wouldn't want to see him treated in a way that would not be normal for anybody else to be treated.
that that seems like a reasonable standard.
Um, so we'll see.
Anyway, why in the world does he not get bail?
Does anyone know why he doesn't get bail?
The judge's reasons were that he that he can't demonstrate that he is not a danger to the community.
Who who can do that?
You know what I can't do?
I can't demonstrate that I'm not a danger to the community.
Can you?
How would you possibly demonstrate that?
You could demonstrate what you are perhaps simply by being that, but how do you how do you demonstrate that you would not do something dangerous?
That's not even a real thing.
And they also say is a flight risk.
To which I say, a flight risk?
Really?
How in the world would he get on a flight?
I guess a private flight.
But he doesn't seem like a flight risk to me.
He seems like somebody who worst case scenario might serve another year or two and then he's back in business.
So, is that a flight risk?
I don't know.
He served a year.
If he if they told him that, you know, his record would be cleared and he could go back to his good life if he served one or two more, would that be enough for him to make him leave the country and become, you know, live in some place where they don't have an extradition treaty, which wouldn't be fun.
I don't know.
So, keep an eye on that.
So, give me an update.
Uh the big beautiful bill allegedly there was going to be a vote this morning and is postponed.
Um the early reporting is that uh they had the votes so they hadn't done the vote but they they knew that they had the commitments for the vote to get it passed.
Um and of course that was after Trump had private conversations with some of the holdouts.
Wouldn't you love to have been a fly on the wall listening to Trump convince the final holdowns?
Do you think there was any threatening going on?
Probably.
There was probably a lot of threatening going on.
Uh some would call it blackmail, but I think it was just if you don't vote for this, you know, I will destroy you.
But it also might have been, and I think this is more likely, well, maybe equally likely, uh, it might be equally likely true, that Trump convinced them that they'll do some serious deficit reduction in the upcoming budget process, which is a bigger a bigger process.
So, do you think they got the hold downs got a commitment that some of the Doge stuff would be taken more seriously than it is in this bill?
I don't know.
We'll see.
We don't know what what they said.
But I was looking at uh people reporting what the big beautiful bill has in it because it got tweaked by the Senate a million times.
And you know, by the time it goes back to the House to see if they're okay with the Senate tweaks, we members of the public, we don't have any idea what's in that thing at this point.
So, I I thought, well, I'll dive in and I'll see, you know, just some obvious questions.
Like, one of the one of the things the bill allegedly does is it removes a tax on social security.
Do you believe that?
Do you believe the big beautiful bill uh eliminated taxes on social security?
Because I saw online that it does.
Well, probably not for me.
There there's some kind of an income uh cut off and you know, I would be above it.
So, if you're still working and you're you're getting a uh regular paycheck, it won't take much regular paycheck for you not to be eligible for the no tax on social security.
So, even something as simple as that, is there or is there not a tax on social security?
You would you would have to do sort of a deep dive to figure out where you stand in that.
Do you even know?
Do you even know if it applies to you?
Um, same with uh same with a number of other topics.
So, we've got this big beautiful bill that the public does not understand.
The pundits, some might, some won't.
But here's what I call the perfect situation.
You know, if you look at the incentive of the people in Congress and you say, "Are they doing it for the money or they doing it to keep their jobs?" You know, why do they vote the way they vote?
Well, I would submit to you that the ideal bill for Congress is one where the public doesn't understand anything about what's in it.
Because then both sides can criticize it, which is wildly, wildly misleading claims about what it does and doesn't do.
and the public will not really have the time or interest or even ability to look at the details of the bill.
And if you're if you're going to depend on watching the news or watching social media or watching even me and then oh well I'll watch my favorite pundits who seem really smart and they'll talk about the bill and then I'll know I'll know if I like it because the pundits said this or that is a good idea.
Do you think the pundits, even the ones that you agree with, do you think they understand what's in the bill and all the implications?
No, they don't.
Very a few might.
Very few might.
But you won't even know which the few are because the Republicans are all going to say the same thing.
If you talk to any Republican or anybody who supports Republicans and you say, "Did you cut Medicaid?" What will the Republican say?
They would say, "Cut Medicaid?" No, we protected it.
And then they would give their argument that you don't understand about well you know it's it's for a lot of the people kicked off would be migrants migrants and stuff and and then you would walk away saying oh nobody's being kicked off of Medicaid that's not even a thing.
It's just the people who shouldn't have been there.
waste and abuse, the the the non-citizens who should who you believe should not have been eligible, the people who refuse to work even though they're able-bodied.
And so you're going to go away with the Republican view of it that nothing got cut and in fact it got strengthened by protecting against abuse.
And then if you happen to be a Democrat and you watch any of the Democratleaning news or social media, it will say that there the mean old Republicans uh cut Medicaid and they won't they will not specify who got cut.
They'll just say it's a big ass number like 12 million or something.
And then they'll say, "Well, 12 million people will lose lose their health care." And they'll they'll act like it could be people, you know, and able-bodied people.
And neither of those I would say that neither of those takes are accurate.
It's just that you can say anything about a bill that people aren't going to look into on their own.
So the two sides will just have the two different movies running.
Which one's true?
I'd say neither.
You know, I I've heard the argument on both sides and then I've also read it, you know, what the news reports about it and I would say to me it looks like neither side is telling the truth, but they don't need to because they know that their people will accept their version as the truth and then they'll just parrot it because our opinions are assigned to us.
We don't come up with them on our own.
Anyway, um so I was looking at what it would do to my taxes and uh pretty good.
It looks like it might help me.
But then I look at the salt taxes.
Yeah.
The state and local taxes deduction that used to be there and then it was taken away.
taken away from the blue state residents like me and but now it's back but there are all these caps on it so it doesn't make any difference to me you know if your house is above a certain level or your income is you don't get any of those you don't get much or any of the salt benefits.
So everything's too complicated for anybody to understand.
We'll see if it gets passed.
The the most uh probably the the thing that is the most easy example of two movies on one screen is that the uh critics and at least some of these scoring organizations say that it will drive up the debt or up the deficit by over $3 trillion over time.
$3 trillion.
But the Trump administration would say they're not scoring it right because they're acting like nothing changes except the budget.
But what would really change is that the budget could be part of a larger effort to goose the economy Trump style until the economy is just clicking away like we've never seen it.
the GDP's up to, you know, five or seven or some number we've never even seen before.
And it's producing all this extra revenue that the the groups who do the analysis of the budget impact don't include because they just assume that the GDP does what it always does.
And the whole point of it is to goose the GDP so it doesn't do what it always did, but it does way better.
So, so Trump and and company would say it's going to reduce the deficit by two trillion.
So, now we have a $5 trillion gap between what the Democrats are being told the bill will do and what the Republicans are being told it will do.
So, will it cost you three trillion or will it save you two trillion?
Which one do you believe is true?
And the answer is, I don't know.
How would I know?
I mean, really, how would I know?
How would you know?
Because somebody that you don't know told you they did an analysis and they came up with a certain answer.
Would you believe that?
These are completely unknowable things at this point.
So, um I do think that if anyone except Trump had had said to me, we're going to goose the economy so much that we'll make extra money.
If anyone else had said that, I would not believe it for a second.
Because I would just think they're going to do normal stuff and get normal results.
But Trump, he does now have a solid track record of doing things that other people can't get done.
and achieving things that even if you were very pro.
Trump, you might have said to yourself, "Well, he's never going to get that done." And then he does.
So, he might be able to goose the economy like we've never seen before.
Certainly, he has all the tools to do that now.
And some of it is luck, but it all seems lined up at this point that maybe we could see an economy like we've just never seen before.
could happen.
And then maybe this would be the Republican best case scenario.
Maybe um when the upcoming budget process is um engaged, and that wouldn't be too many months from now.
I think it happens in a few months that that's where they do the big Doge cuts.
Maybe.
I mean, I feel like anything where you have to get 60 votes in the Senate will never happen, but maybe.
All right, see what else we have.
Uh, let's check in with what the Democrats are saying about the big beautiful bill.
Uh, Premila Japal, Representative Japal says, quote, "If they do succeed today," which means getting the big beautiful bill signed.
July 4th is going to be about uh apple pie kicking mom out of her nursing home and health care for no one.
And so she's telling she's telling her constituents that the bill will remove health care for everyone.
How many of the Democrat public will know that that's just not true or not close to true?
It's just miles away from being true.
How many will know that?
I don't know.
Probably the people who support her would not be looking into it.
And if they looked into it, they'd turn on MSNBC.
And MSNBC would say, "Oh yeah, here's this example of somebody who got kicked out of a nursing home." And they won't ask questions like, you know, "Were you supposed to be there in the first place?
You know, did you legally have access to this?" So that's her take.
However, I'm gonna give her persuasion points for being visual in her persuasion because listen, just listen to this thing she said kicking mom out of her nursing home.
That one you feel because you see your own mom and you see the building and you say to yourself, "Holy, what am I going to do if I don't have professionals taking care of her and somebody else paying the bill for it?" You know, I can't stay home from work.
I can't afford to do it on my own.
That one really hits.
So, I don't want to give her advice, but if you're talking about a budget and you can turn it into kicking mom out of her nursing home, which by the way is not close to anything that's really going to happen, but wow, that's that's visual persuasion right there.
Well, meanwhile, Trump says he's got a deal with Vietnam for trade in which u there would be no tariff when we sell into Vietnam, but they would still pay a 20% tariff for what they're selling into the US.
So that would be a Oh, and also the the bigger part is that uh they Vietnam would not be allowed to take Chinese products and just ship it through Vietnam.
So it looks like it came from Vietnam to avoid the uh higher tariffs.
Uh the US impos would impose extra tariffs on stuff that came from China first and that would be a 40% tariff.
So Vietnam agreed to that apparently.
So that's like a really big deal because it sort of validates what Trump was saying that we have the most valuable market.
So we can essentially charge other countries an entry fee just to have access to the market.
So Vietnam will pay well, you know, you could say that US companies are paying it, but the point is that it would suppress imports from Vietnam.
And sure enough, it it would put a price on access to American markets.
Um, there's a report.
Anyway, so what's what's the big deal about the Vietnam thing is if it's true, and it's probably too soon to know if it's the final deal, but if he really got this, it's going to validate everything he said.
It's just going to make him look like he was so right about tariffs that the other trade deals might hasten to, you know, make a deal maybe.
So Trump's having the best summer ever.
Um, speaking of which, allegedly, according to the Times of Israel, Hamas is satisfied with the Trump motivated ceasefire idea.
So that would mean that Israel said yes to a ceasefire for Gaza and that Hamas has agreed to the terms.
Do you believe that?
I'm going to put that in my category of too soon.
And I only see one source so far, Times of Israel.
Now, I'm not saying the Times of Israel is low credibility.
I'm just saying that this topic is low credibility.
That if you hear that Hamas agreed to do something reasonable, what should be your first response to that?
Should you say to yourself, "Wow, finally Hamas decided to be reasonable and make a deal." Or would it be more reasonable to say Hamas is never going to make a reasonable deal with anybody, so obviously the story can't be true?
I lean toward I don't think Hamas can make a reasonable deal with anybody.
So, I lean toward this not being a true story.
So, I'm not going to embrace it yet.
But it would be really impressive if Trump got this done right before the 4th of July.
Oh my goodness.
So, so my optimism wants it to be true because it would be incredible.
I mean, it would just be jaw-droppingly give me the Nobel Peace Prize.
Um, you know, that conversation is over forever.
Best president of all time.
Um, so I mean it'd be wonderful if it's true, but I'm going to bet against it at the moment.
Maybe it'll be true later.
Well, in a story that, you know, in I guess normal times would be the biggest story in the country, but it's just sort of a thing that passes by at this point.
CIA director John Rackcliffe.
Um, so he's head of the CIA.
The CIA did a analysis of the Russia collusion um prosecution against Trump.
I call it the Russia collusion hoax.
And what they concluded was that, and I love this because they concluded exactly what you and I thought was true.
So see how many of you say, "Uh, that's what I thought was the case from day one." So they say that uh John Brennan and Clapper and Comey manipulated intelligence and silenced career professionals uh all so they could pursue Trump and try to drive him out of office with essentially just madeup And according to CIA director John Rackcliffe, the CIA can conclude that they were bad actors who tried to essentially overthrow the uh the election.
Now, when you saw Brennan and Clapper appear on, you know, all the networks that they appeared on during the time when the Russia collusion thing was at its peak, didn't you know that they were the two guys behind it?
and and that they had manipulated things.
Couldn't you tell every time they appeared on TV?
Because I could.
I just didn't want to say it out loud because I thought, well, I don't have evidence.
So, if you don't have evidence, you know, you don't want to get sued for liel or something.
But every time I saw Brennan and Clapper, they looked so obviously like they were lying.
and they were obviously the ones who had the most, you know, their hands on the levers of what happens and what doesn't happen.
It seemed really, really super glaringly obvious that they were trying to overthrow the country with their winged monkeys and the media supporting them.
So to me, this is just the oldest news in the world.
But the new part is that the CIA confirms it.
They looked into it.
So yes, these three guys, if you had Comey in there as the third, that they literally manipulated things and ignored things that they shouldn't have ignored and focused on things they shouldn't have focused on and they did it intentionally to Trump.
Now, I don't know what the criminal penalty is for that, but it's also part of the twin hoaxes at the moment.
Well, you know the story of the fine people hoax that was the the central tentpole hoax that was holding the Democrats together.
You know, no matter what they thought about their own bad politicians, you could always depend on a Democrat to believe the Fine People hoax.
And they would say things like, "Well, yeah, my side isn't doing so well, but at least they're not promoting neo-Nazis," which of course never happened in the real world.
Trump uh denounced them.
He did not promote them.
But as long as that hoax was there, Democrats could manipulate their base because they'd say, "Trump is worse.
Look at look at what he said in Charlottesville," which of course he did not say.
He said the opposite.
So that hoax was holding up all the other hoaxes and then it collapsed.
So what did they do?
They just put it in a new tenpole.
The new tenpole is January 6.
The January 6 quote insurrection.
And I was listening to CNN yesterday, I guess, and Anderson Cooper had some journalist on.
And the journalist was just so deep into the pure propaganda.
No, the 2020 election, the f the fact that Biden won is a fact.
It's a fact.
And do you know how he defended that he he alone apparently would know that the election was not rigged cuz it's a fact.
It's a fact.
You can't change it.
It's a fact.
But you know, there's nothing you can say because it's a fact.
It's just a fact.
And he would just say that over and over again until the idiots watching that network would say, "Well, I guess we know that for sure." To which I say, "How would anybody know that for sure?
Are you telling me that if our CIA tried to throw an election in another country that they get caught every time?
Are you telling me that they're not there's nobody involved in the United States politics or or intelligence or anywhere who would know how to cheat one of our elections?
How would we possibly know if somebody knew how to cheat the election and and whether they didn't?
You can't know what you don't know.
And how in the world do these journalists get off telling you it's a fact when nobody can know that?
That is a completely unknowable proposition.
Now, do I have proof that that election was rigged?
No.
No, I don't have any proof of that.
The only thing I know for sure with 100% certainty is that you couldn't know just by following the news.
Yeah.
What are you going to do?
You can tell if the election is good because the news said it was good.
Have you learned nothing about the news?
And then Anderson Cooper was, you know, agreeing with his guests.
You know, it's a fact.
It's a fact.
It's a fact.
Now, in order to sell that fact, they they have to get you to believe two ridiculous things.
One ridiculous thing is that anybody could know if an election was rigged or not rigged successfully because if something is rigged successfully by definition you wouldn't know.
That's what makes it successful.
And the other the other uh ridiculous assumption is that the people who protested and including Trump knew that the election was won by Biden and were simply pretending it didn't happen.
Pretending they were simply pretending that it was illegitimate election so that they could take over the country by what?
uh wandering around in a building and trespassing.
Is that how you take over a country?
So, the January 6 hoax has the two most ridiculous assumptions at its core that anybody could know if an election was rigged and that the people on January 6 believed that it was totally fairly went to Biden and that they were there to try to change it to Trump because of his authoritarian blah blah blah brainwashing propaganda.
It's a cult.
Oh my goodness.
It's the weakest it's the weakest hoax of all time because you don't even need to do any research to to know that those two problems exist, the ones I mentioned, but it's all they have.
So, the Democrats are a hoaxbased machine.
They need at least one tentpole hoax.
10pole hoax means it's the main one that makes all the other hoaxes look like they're reasonable.
Because all the other stuff that they say about Trump, just like the fine people hoax, where if they could sell that as being true, then any other accusation of being racist, sounded like it was true because you you say to yourself, well, if the main thing that that would make him a racist, the fine people hoax, if that main thing is true, it's really easy to believe all the other accusations because you've already established who he is.
So now they've taken that technique over to the insurrection and they'll say if you buy the fact that he was part of a, you know, knowing he had not been elected but trying to take the job anyway, then all of the other accusations about authoritarianism, they all sound true because you say to yourself, well, he tried to conquer the country and stay in office once.
So then they can sell you that he doesn't plan to leave after a second term, which you would never believe unless you had fallen for the tentpole hoax, which is that he had already tried once to conquer the country by telling his his followers to trespass and wander around in a building without any guns.
So anyway, beware the fine people hoax.
We we'll take care of that one.
I'll work on that one.
um the University of California system, so that's the system that is uh binds together all the various California universities has announced that boycots of Israel will be banned and that's because of pressure from Trump on funding.
Um, so now they're banning protests against Israel or boycots of Israel.
To which Glenn Greenwald might ask, um, are they now allowed to boycott everybody but Israel?
What if the University of California system um didn't say no if they decided to boycott some other country?
or do we do we really have laws now that are Israel specific and it's the one place you can't boycott?
I don't know.
So, while I'm certainly in favor of tamping down any signs of anti-semitism, I'm not sure if boycotting a country quite satisfies the anti-semitism claim.
Because I would wonder I would wonder, you know, it would make more sense if they said you can't boycott anybody.
You know, maybe universally should not be involved in boycotting.
Or if we said you can't boycott anybody who's an ally of the United States, that wouldn't be bad, would it?
because then it's not Israel specific, but it would include anybody who's an ally of the United States.
So, what happens if uh somebody wants to boycott Russia?
Still legal, still okay?
Or boycott China?
Don't Don't we always talk about not buying China stuff?
Effectively, you know, a boycott.
So, I guess we have laws now that apply to one country.
Um, let's see.
Uh, what else is happening?
Um, yeah, CNN is u announcing that the uh they're saying that CEOs are now admitting that there's going to be a lot of layoffs with AI.
Oh, no.
I'm sorry.
There's two opposite stories.
I'm confusing them.
Um, the positive story is that CNN is admitting that uh the number of layoffs under Trump have declined tremendously.
So, apparently the they went out of their way to say a story that was just unambiguously positive for Trump.
Again, I've been telling you CNN's making a legitimate attempt to include a little bit of both sides, which I had not seen before.
So, it is a change, but uh this is a good example of that, admitting that the number of layoffs under Trump are way down, down 49%.
But not all good news.
Meanwhile, a federal judge, let's see if you understand this better than I do because the legal stuff is just so far out of my domain.
But a federal judge in Washington DC just ruled that uh Trump does not have the power to declare that uh he's going to close the asylum process because it's turned into an invasion.
So the word invasion is the active word.
So Trump was saying that if it's an invasion um the federal government has responsibility of repelling it on behalf of the states and uh that's all he was doing.
The uh executive order closed the asylum process as his response to the quote invasion.
Now, the federal judge says um that invasion language doesn't give Trump any new powers that he didn't have before.
So, he doesn't really have that power.
And the part I don't understand is that the Supreme Court just ruled that a federal judge can't overrule something that applies to the entire country.
They can only do things that apply to their their domain.
So, how did this judge do the very thing that the Supreme Court just made illegal?
Well, it has something to do with declaring future asylum seekers a protected class.
And here's where I'm going to bow out.
Because if you understand the law well enough to know why that is a appropriate workaround to just simply declare them a class.
How exactly does that give him the power to do what the Supreme Court just said you guys can't do?
You can't you can't block something nationwide if you're a f just a federal judge.
Oh no.
We'll just declare that these people who might come in in the future are a protected class.
Somehow that works around it.
How's that work?
All right.
So, I'm a little bit confused by it.
I assume it'll go to the Supreme Court.
I assume the Supreme Court would say you can't do this trick to get around our ruling.
I don't know.
Maybe it would go the other way.
So listen to the people who know something about the law if you want to know more about that.
Meanwhile, James Carville, uh he says that he thinks that Trump's going to try to rig the midterm election.
Um and he says that uh Trump can't possibly win fair and square in the midterms because the big beautiful bill is about 25 points underwater in terms of popularity in the country in general.
Um and that's he's that Trump will have a massive defeat and he's not going to be able to handle that.
So that uh Trump will declare martial law or declare that there's some other national emergency.
so that he can throw out the results of the midterms.
Now, that's what James Garville says.
Now, that would be an example of um getting your base all riled up, but it does seem to suggest that he believes that you could rig an election.
So, can he talk to Anderson Cooper on CNN?
Cuz he believes that an election can be rigged, but maybe not by rigging the vote.
I think he's suggesting that he might rig something about the system, you know, declaring an emergency or martial law or something, which would be more overthrowing an election than rigging it.
Um, going back to Representative Japal, here's what she's saying on CNN.
He she says, "What is deranged and cruel and outrageous is that literally we're seeing literally like literally actually happening.
We're seeing ICE agents and they're coming and kidnapping and disappearing people on the streets of the United States.
Is that happening?
Are they kidnapping and disappearing um people or just people who are illegal and shouldn't be here in the first place?
Well, probably their net is picking up more people than you thought they would.
So, there is a little bit of that.
So, this is hyperbole.
Of course, there's no kidnapping and there's no disappearing.
But I can definitely see that the aggressive approach to immigration um is going to pick up some people who are not the worst of the worst and they will get shipped off to who knows where.
So my take on this is that it does transfer a burden from the the legal citizens of the United States and their their risk would be having too many people come in who were not vetted.
It shifts the burden to the people who have already come in illegally.
Now I don't mind shifting burden from the people who are obeying the law to the people who did not obey the law.
That's it does seem, you know, my my empathy gene kicks in and I definitely have empathy for the population that is being most affected.
I have lots of empathy.
Um, but from a conceptual level, philosophically, shifting the burden from the people who are doing everything right to the people who are trying to get a little extra from the system, that doesn't seem terrible.
even though it does have a price.
Um, there's this guy Eli Mistell, you've seen him.
He looks like he has the big white afro and uh he's often on MSNBC.
Well, he was on Joy Reed's podcast and he said that uh that America is the bad guys on the world stage and a menace to free and peaceful people because America is the one causing all the trouble.
To which I say, well, that's sort of true, but I would say that America pursues its national best interest, which is often tied to its multinational profitability.
And uh that's not really pleasant for the rest of the world.
But every country gets the opportunity to pursue their own best interest.
We don't complain too much when other countries do it.
We just say, "Well, obviously everybody pursues their own best interests." So yeah, we're sort of the bad guys to other countries because we're doing the same thing they're doing, pursuing our own best interests.
So, he's kind of right and kind of wrong at the same time.
CNN's Harry Enon was uh blown away, as was I, by new data showing that Democrats have shifted massively from being pro-Israel to being pro-Palestinian and anti-Israel.
And the shift is enormous.
Um, it's a the uh the pro Palestinian position is up by 43 points.
43 points.
In other words, it's not even close.
That it's one of the few issues where where it's just not close.
So, the Democrats are just anti-Israel, pro Palestinian, and the Republicans.
I haven't seen the Republican numbers, but probably not that.
My guess is that the Republicans are still pro-Israel by a majority, but I don't know.
So, obviously, the Gaza situation um and the military might that Israel has been employing with US support is not popular, but I didn't see that it could ever move that much.
So apparently the uh um something big is happening.
I don't know if it's a Tik Tok effect, a social media effect, but if you take the Gaza situation and you put it all over Tik Tok and social media, I can see how you could turn half of the country, you know, 180.
Looks like that's what happened.
According to the Wall Street Journal, there's a bunch of CEOs who are now saying that AI will vastly reduce the number of jobs.
Now remember, at the moment, the number of jobs is looking good.
So employment looks pretty good and we've had AI for kind of two years and so far not really any direct effect on the overall job situation.
definitely affect some individual companies, but overall employment stayed strong.
Um, and I'm wondering if this is an example of the Adams law of slowmoving disasters where if everyone can see the problem coming like all these CEOs, um, I think the the CEO of Anthropic, which is an AI company, says we'll see unemployment levels of 10 to 20% from AI replacing people.
Now that would be unemployment of 20%.
That's depression level, isn't it?
Correct me if I'm wrong, but I think even the Great Depression was around 20% unemployment.
That's hard to survive that level.
Um, and that I think uh CEO of what Ford says that half of all white collar workers might be replaced by AI.
But I'm going to be a little bit skeptical about these predictions.
I think it's a little bit too obvious and easy to say that oh AI will replace a bunch of workers.
It, you know, if you're wrong, nobody's going to be mad at you.
they'll just be happy that nothing bad happened.
And if you're right, you get to say, "Look how right I was." So, it's sort of a safe, easy, routine thing to predict.
Oh, yeah.
The AI will take half our jobs.
But so far, um, I I feel like it will definitely take jobs in some businesses, and some industries, but I don't know.
I feel like maybe as many jobs will be created as there are taken away.
We'll see.
I'm a skeptic.
I'm a loss.
Um, apparently in LA there's some kind of u $30 minimum wage hike that was passed by the city council.
So, if you have a hotel in LA, you would have to pay all of your workers a minimum of $30 an hour.
Now, the federal minimum wage is still like $7.50, but a lot of states have higher higher ones, like $15 maybe.
I don't know what it is in California.
Is it $15 minimum wage?
But for the hotels, it would be $30 minimum wage.
And of course, the hotels are saying they can't survive that.
And maybe they can't.
Well, let's talk about uh Jerome Powell.
Does it feel to you that Jerome Powell has that Joe Biden vibe now?
When I see pictures of Jerome Powell, he doesn't look like he still has his fast.
Now, it's still only based on the videos and the pictures.
It's not even based on anything he says or believes or anything like that.
It's based on just the vibe.
He's got that Joe Biden, you know, I stayed in the job too long vibe.
But uh Bill Py is pointing out that when uh Powell testified uh to the Senate Banking Committee, so that's a testimony under oath I think um that he had answered some questions um dishonestly and the questions were involved a new building that was being built for the Fed and he was being asked about some of the alleged luxuries that were being built into the building, I'll call them luxuries, like a rooftop garden and some stuff like that.
And that he must have said that they're not planning that.
And now we know that maybe that is part of the plan.
So if he lied to Congress, is that grounds for removing him from the Fed?
Because it was a big project.
It was I think it was over a billion dollars in construction that they were looking at.
Well, Bill Py has called this out as uh potential grounds for removing him along with being too late about everything.
So, and then Trump has uh agreed with that um put to put more pressure on Powell.
Um there's new video of this Zoran Mani guy back in 2021.
We already saw the video where he said that the ultimate goal is seizing the means of production which confirms that he's a communist, not not just a socialist, but actually wants to go full communist, seizing the means of production.
In other words, the government owning all the factories and the the productions.
I don't know.
But apparently he's he also in the similar video in 2021 said something about um I think the government taking over the pen houses and turning them into lowcost housing.
So basically getting rid of private ownership of residential homes.
Now, you might argue that there's no such thing as private ownership of homes in the United States because if you're paying property tax, which you are, um if you stop paying the property tax, you you'd be uh you jailed by the government.
So, I you know, you could argue that we already don't have private ownership of business, but it's closer to private than the idea of the government owning it directly.
So yes, uh, Mom Donnie with his creepy communist smile.
That smile that every time you see it, you say to yourself, "Wait a minute, that smile looks like a snake oil salesman.
Somebody is trying to put one over on me." He has the least trustable face because of that weird smile, the creepy communist smile.
Um, so we'll see if that becomes an issue.
Well, Newsmax is talking about how the Washington Post has a big um opinion piece about how Trump can lead the US to a nuclear energy revolution by supporting innovation and removing bureaucratic stuff and red tape and stuff.
Now, hold that in your brain.
Do you remember 2016 or so when I was one of the people on social media who was lobbying really hard for both sides of the aisle to understand that nuclear power was not just better than you thought it was in terms of safety and economics etc.
but required that we would never make it into the future as an important country unless we had turned around completely our nuclear energy policies and made them, you know, pro- nuclear power plants being built.
So that's now the common opinion on both the left and the right because the Washington Post opinion piece would represent I think the left fully embracing you know maybe not the left left left but the ordinary left embracing nuclear power as a requirement but also the fact that they would write an article saying that Trump might be exactly the right person to get us there because he's he's big on removing the, you know, the unnecessary regulations.
Um, that's amazing.
It's just amazing that this even exists in the Washington Post.
And then I said to myself, oh, wait a minute.
Did the Washington Post just think from, you know, first principles and came to this idea that now they can be fullthroatedly embracing nuclear energy.
Is that what just happened?
Or or is it possible that the Washington Post is owned by Jeff Bezos?
It is.
And that Jeff Bezos needs massive amounts of electricity to run his robot factories and his own AI.
Oh yeah.
So the owner of the Washington Post absolutely cannot survive in the future without massive nuclear power and every other kind of energy.
So, did the Washington Post on their own come up with a new love for nuclear energy or or do they know who they work for and they know that the business of the owner, you know, the extended business of all of his businesses can't survive without a robust nuclear energy industry in the United States.
Just asking All right.
According to modernity, John Fleetwood, uh the Xfinity company, the one who provides cable and Wi-Fi to your house, at least uh does in my house, um they now can spy on your physical movements in your house via your Wi-Fi.
So, you've probably seen stories about this where uh Wi-Fi can see interference and it can draw a little picture of where you are in your house.
Did you know that?
Now, that's not a big problem except there's an allegation that Palunteer, which is a big uh you know government contracted company, um that has connections to a whole bunch of data about you.
So, are you do you feel okay that Palunteer might I don't know this for sure, but might someday have access to the Wi-Fi movement information so they could tell where you are in your house and maybe even decisions about what you might be doing and what you might do in the future.
I don't know how much of this is real and how much of this is people just worrying that it could become real, but it's pretty scary.
So, I don't know if it's real or just a potential real thing.
It is real that they can determine where you are.
So, even even Xfinity is advertising that.
What we don't know or I don't know is if Palenter is going to have access to that data and use it in some way you don't like.
All right.
Um, Fox News is reporting how the IAEA uh has warned that Iran could restart their uranium enrichment within months despite the US strikes.
So, do you buy that?
So, even Iran has admitted that the nuclear program was hit hard and you know a lot of destruction.
But do you believe the IAEA who are experts in this field that they could start enriching in a few months?
I don't know.
I don't know how they would know that.
But we also wouldn't know what they can do that we don't know about.
So I don't know.
So anyway, a part some part bipartisan lawmakers, people on both sides have proposed that we put together a plan to sell B2 stealth bombers to Israel so that we don't have to be involved if Israel wants to rebomb Iran.
Is that a good idea or a terrible idea?
Because I feel like Trump got a lot of benefit from being the only one who could do these bunker buster bombs.
If Israel could do it on its own, then Trump would have had no leverage over Israel, right?
And we like it when um you know, because we know Israel is influential in the United States in Congress.
Wouldn't it be good if there was some influence that worked both ways and it was pretty strong influence?
Cuz then you've got a more productive, you know, ally situation where you're both you both got your hand on a lever and uh sometimes one prevails and sometimes the other, but you know, you're both pushing.
I don't know.
I don't know if that's a good idea or a bad idea.
Um, there's another report in Newsmax that North Korea is going to be sending 25,000 25,000 soldiers to boost the uh the Russian military in Ukraine.
25 to 30,000 more.
Is that because Russia is running out of troops?
Or whether they were running out or not, it's just cheaper and easier to burn up these North Korean soldiers who don't even know why they're there.
So, it could be either one.
I'm not sure I'd read too much into it.
All right, that is all I have to say today.
And look how I came pretty close to 8:00.
So, did uh the big beautiful bill get voted on?
You remember my prediction?
My prediction is that they would delay it after January 1 or after July 4th.
Um, so I don't have a prediction about whether it get signed, just a prediction that they're not going to make the July 4th deadline.
They tried and I think there's still a really good chance they're going to hit it.
So, we'll we'll compare my prediction that they won't hit it to all the reporting that's a lot smarter than me that says, "Yeah, it looks like they're going to hit it." So, uh I see in the comments that, uh Jack Pobec thinks it will happen today.
I think most people think it will happen today because Trump's going to put the pressure from hell on the Republicans.
Trump really, really, really, really wants this to happen before July 4th or even on July 4th.
Um, and he's going to push as hard as anybody ever pushed anybody, but anything to get it done.
So, I would agree with Jack that the odds are it'll get done, but I'm still going to go with my prediction that it won't u just to be a contrarian.
All right.
All right.
That's all I got.
I'm going to say a few words to the people on locals, my beloved subscribers on locals.
The rest of you, thanks for joining and I will see you again tomorrow.
Same time, same place.
Hope you enjoyed it.
Good to see you. Have you lost weight?
You're looking great this morning. Come
on in. I got a show for you. It's just
for you.
Just for you. Let's check your uh stock
market first. Well, stock market is up.
Good.
Good. People are feeling patriotic and
all that.
All right. While you're streaming in,
let me get my comments working on
locals.
[Music]
[Music]
Good morning everyone and welcome to the
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called the simultaneous sip. That's
right. Go.
Oh, it's just as good as I imagined it
would be.
Well, I wonder if there's any science
that they didn't need to do. if they had
just asked Scott. Uh, oh, here's
something from Aros University.
Um, the myth is busted. They say that
men do not sleep through a baby crying
um more than a woman.
Did
Did any of you believe that men and
women have different ability to hear a
crying baby?
Well, I didn't doubt it, but I did
imagine that men are better at
pretending to be asleep and not hearing
a baby. It turns out that women still do
three times as much of the baby tending
at night.
And uh much of that has to do with the
fact that all men across the planet have
agreed. It's sort of a silent agreement
we all have. Even if you don't have
children, you know the agreement, right,
guys? You know what I'm talking about,
right? That's right. As long as we all
pretend that men can't hear crying
babies,
we can continue to stay in bed while
your spouse goes off to check on the
crying baby because she thinks you can't
hear it and she doesn't want to wake you
up.
So, shh, don't say anything. We're all
in this together, guys.
Well, the Wall Street Journal was doing
a hit piece on Tesla and Musk. Um, I no
longer see the news as purely the news.
It all has this, you know, real overt
and obvious political element to it
depending on the story. But anything
about uh Tesla and Elon Musk that comes
out around now
is definitely going to have a political
bend to it. But listen to this headline.
This is the Wall Street Journal
and this is their uh their opinion piece
here. It says Tesla is in disarray.
Is it? Do you think Tesla is in
disarray?
What? What evidence would you have that
Tesla's in disarray?
All right. Um, and that Musk has already
moved beyond caring about cars.
And so the idea is that he's shifted his
focus to robots and and robo taxis and
he's letting the Tesla car company um
disintegrate in disarray. Now, how would
they know any of that? Are they in the
meetings? Do they have some kind of
source that's sleeping in a tent with
them at the AI headquarters?
Because, you know, he's spending a lot
of time there lately. Um, I don't think
there's any real evidence
that he has the suddenly he has the
inability to run all of his companies
when obviously he was doing it before.
Did Did he suddenly lose his ability to
deal with multiple problems at the same
time? I doubt it,
but but apparently if you Wall Street
Journal, you can just sort of declare
that you know what he's he's thinking
and how he feels and what his inner
thoughts are.
Anyway, there but it is true that their
sales were down but we're talking about
the period where politics were affecting
everybody's buying decision.
So if you just project forward, you
know, a couple of years, do you think
people will still not be buying a Tesla
because they don't like what Trump did
with or what must with Doge?
I don't know if this is some kind of a a
lifetime problem.
Um, feels to me that if if he keeps
making cars that are unambiguously
better than the other cars,
that's going to have an effect on the
market over time. So, we'll see. But
also, the uh value of Tesla does have a
lot built into it about the optimism
about robots and robo taxis. So
um it might be true that the Tesla
ordinary car part of the company is now
where all the value will be in just a
few short years. That's what the market
thinks that the that the value is in the
future stuff. And it's probably true
because I do agree with uh Elon Musk who
says that the humanoid robot market will
be maybe the biggest market of any
market of all time and Tesla might be
leading that. Well, Sean Diddy Combmes
has some good luck and some bad luck.
Good news, bad news. Good news for Diddy
is that he was acquitted on the most
serious charges
um in the multi-charge case. The most
serious ones would have given him
potentially life in prison, but those
the jury found not guilty by unanimous
decision.
But he's still in jail and he's not
getting bail
because he was found guilty on two
lesser charges which uh as I listen to
the people who know what they're talking
about which does not include me for any
of the legal stuff. the uh people who
know what they're talking about say that
um generally the crimes he's he's uh
he's been convicted of now that that
they don't even prosecute that generally
because it's so small
that if this were someone else and the
only thing he'd been alleged to have
done are the things he was found guilty
of probably they wouldn't even take it
to court. Um, I think it was
basically technically prostitution
with women who clearly were um,
according to their own text messages,
um, women who
were consensually involved.
That's it. Now, I don't, you know,
obviously I'm the worst one to talk
about the legal stuff, but what I I
think is true is that he was accused of
a technical crime in which there was no
there's no alleged victim because the
victim
has a text record of being consensually
involved in all that stuff.
So,
so I asked a question on X. Is it too
soon to talk about a pardon?
Because here's my take.
I'm not defending Diddy. I'm not I'm not
a fan of his work and I certainly would
not defend him beating up his ex in the
hallway of the hotel. But that wasn't
apparently he wasn't being tried for
that. I don't understand why. Seems like
that would have been the obvious thing
to try him on. But again, probably
because the woman was not pressing
charges. Do you even need to press
charges if it's on video and we can all
see it? I don't know how that works. But
so just to be clear, I don't think he's
a good guy. And I'm sure he's been
involved in things which if we knew for
sure what he was doing, we'd say to
ourselves, M. H that looks pretty bad.
All right, so I'm not defending him, but
I will defend the following standard,
which is you don't treat Diddy worse
than you would treat anybody else. And
it sort of looks like they're treating
him worse than they would treat other
people.
Um because if someone else had been
accused and convicted of only these
things,
um we'll find out. If the judge gives
him serious jail time for what he's been
convicted of, I feel like a pardon is
completely in order. And Trump was asked
about it. Steve Ducey asked about it in
one of Trump's uh open oval office
events just yesterday, I think. And
Trump said he, you know, wasn't really
paying attention to the case. So, he
didn't have an opinion on it. But I
always forget
that Trump had lots of interesting
friends in the past. He lost a lot of
them when he ran for office. But he
actually was friendly with Diddy.
So, it's not a stranger for Trump. It's
somebody he knows pretty well. But, you
know, I guess did he probably changed
when Trump ran for office. So Trump did
not rule out, but he had also not looked
into pardoning, did he?
Now, depending on what I hear, you know,
about what's going on with him, um, I
might be in favor of the pardon,
uh, it's probably too soon to have a
hard opinion on it, but I wouldn't want
to see him treated in a way that would
not be normal for anybody else to be
treated. that that seems like a
reasonable standard. Um, so we'll see.
Anyway, why in the world does he not get
bail?
Does anyone know why he doesn't get
bail? The judge's reasons were that he
that he can't demonstrate that he is not
a danger to the community.
Who who can do that? You know what I
can't do? I can't demonstrate that I'm
not a danger to the community. Can you?
How would you possibly demonstrate that?
You could demonstrate what you are
perhaps simply by being that, but how do
you how do you demonstrate that you
would not do something dangerous?
That's not even a real thing. And they
also say is a flight risk. To which I
say, a flight risk?
Really? How in the world would he get on
a flight? I guess a private flight. But
he doesn't seem like a flight risk to
me. He seems like somebody who worst
case scenario might serve another year
or two and then he's back in business.
So, is that a flight risk? I don't know.
He served a year.
If he if they told him that, you know,
his record would be cleared and he could
go back to his good life if he served
one or two more, would that be enough
for him to make him leave the country
and become, you know, live in some place
where they don't have an extradition
treaty, which wouldn't be fun. I don't
know.
So, keep an eye on that.
So, give me an update. Uh the big
beautiful bill allegedly there was going
to be a vote this morning
and is postponed.
Um the early reporting is that uh they
had the votes so they hadn't done the
vote but they they knew that they had
the commitments for the vote to get it
passed. Um and of course that was after
Trump had private conversations with
some of the holdouts. Wouldn't you love
to have been a fly on the wall listening
to Trump convince the final holdowns?
Do you think there was any threatening
going on?
Probably. There was probably a lot of
threatening going on. Uh some would call
it blackmail, but I think it was just if
you don't vote for this, you know, I
will destroy you. But it also might have
been, and I think this is more likely,
well, maybe equally likely, uh, it might
be equally likely true, that Trump
convinced them that they'll do some
serious deficit reduction in the
upcoming budget process, which is a
bigger a bigger process.
So, do you think they got the hold downs
got a commitment that some of the Doge
stuff would be taken more seriously than
it is in this bill? I don't know. We'll
see. We don't know what what they said.
But I was looking at uh people reporting
what the big beautiful bill has in it
because it got tweaked by the Senate a
million times. And you know, by the time
it goes back to the House to see if
they're okay with the Senate tweaks,
we members of the public, we don't have
any idea what's in that thing at this
point. So, I I thought, well, I'll dive
in and I'll see, you know, just some
obvious questions. Like, one of the one
of the things the bill allegedly does is
it removes a tax on social security.
Do you believe that?
Do you believe the big beautiful bill
uh eliminated taxes on social security?
Because I saw online that it does.
Well, probably not for me.
There there's some kind of an income
uh cut off and you know, I would be
above it. So, if you're still working
and you're you're getting a uh regular
paycheck,
it won't take much regular paycheck for
you not to be eligible for the no tax on
social security.
So, even something as simple as that, is
there or is there not a tax on social
security? You would you would have to do
sort of a deep dive to figure out where
you stand in that. Do you even know? Do
you even know if it applies to you? Um,
same with uh same with a number of other
topics. So, we've got this big beautiful
bill that the public does not
understand. The pundits, some might,
some won't. But here's what I call the
perfect situation.
You know, if you look at the incentive
of the people in Congress and you say,
"Are they doing it for the money or they
doing it to keep their jobs?" You know,
why do they vote the way they vote?
Well, I would submit to you that the
ideal bill for Congress is one where the
public doesn't understand anything about
what's in it. Because then both sides
can criticize it, which is wildly,
wildly misleading claims about what it
does and doesn't do. and the public will
not really have the time or interest or
even ability to look at the details of
the bill.
And if you're if you're going to depend
on watching the news or watching social
media or watching even me and then oh
well I'll watch my favorite pundits who
seem really smart and they'll talk about
the bill and then I'll know I'll know if
I like it because the pundits said this
or that is a good idea. Do you think the
pundits, even the ones that you agree
with, do you think they understand
what's in the bill and all the
implications?
No, they don't.
Very a few might. Very few might. But
you won't even know which the few are
because the Republicans are all going to
say the same thing. If you talk to any
Republican or anybody who supports
Republicans and you say, "Did you cut
Medicaid?"
What will the Republican say?
They would say, "Cut Medicaid?" No, we
protected it.
And then they would give their argument
that you don't understand about well you
know it's it's for
a lot of the people kicked off would be
migrants migrants and stuff and
[Music]
and then you would walk away saying oh
nobody's being kicked off of Medicaid
that's not even a thing. It's just the
people who shouldn't have been there.
waste and abuse, the the the
non-citizens who should who you believe
should not have been eligible, the
people who refuse to work even though
they're able-bodied. And so you're going
to go away with the Republican view of
it that nothing got cut and in fact it
got strengthened by protecting against
abuse.
And then if you happen to be a Democrat
and you watch any of the Democratleaning
news or social media, it will say that
there the mean old Republicans
uh cut Medicaid and they won't they will
not specify who got cut. They'll just
say it's a big ass number like 12
million or something. And then they'll
say, "Well, 12 million people will lose
lose their health care." And they'll
they'll act like it could be people, you
know, and able-bodied people.
And neither of those I would say that
neither of those takes
are accurate.
It's just that you can say anything
about a bill that people aren't going to
look into on their own. So the two sides
will just have the two different movies
running. Which one's true?
I'd say neither. You know, I I've heard
the argument on both sides and then I've
also read it, you know, what the news
reports about it and I would say to me
it looks like neither side is telling
the truth, but they don't need to
because they know that their people will
accept their version as the truth and
then they'll just parrot it because our
opinions are assigned to us. We don't
come up with them on our own.
Anyway, um
so I was looking at what it would do to
my taxes and uh pretty good.
It looks like it might help me. But then
I look at the salt taxes. Yeah. The
state and local taxes deduction that
used to be there and then it was taken
away. taken away from the blue state
residents like me and but now it's back
but there are all these caps on it so it
doesn't make any difference to me you
know if your house is above a certain
level or your income is you don't get
any of those you don't get much or any
of the salt benefits.
So everything's too complicated for
anybody to understand. We'll see if it
gets passed. The the most uh
probably the the thing that is the most
easy example of two movies on one screen
is that the uh critics and at least some
of these scoring organizations
say that it will drive up the debt or up
the deficit by over $3 trillion over
time. $3 trillion. But the Trump
administration would say they're not
scoring it right because they're acting
like nothing changes except the budget.
But what would really change is that the
budget could be part of a larger effort
to goose the economy Trump style until
the economy is just clicking away like
we've never seen it. the GDP's up to,
you know, five or seven or some number
we've never even seen before. And it's
producing all this extra revenue that
the the groups who do the analysis of
the budget impact don't include because
they just assume that the GDP does what
it always does. And the whole point of
it is to goose the GDP so it doesn't do
what it always did, but it does way
better.
So, so Trump and and company would say
it's going to reduce the deficit by two
trillion. So, now we have a $5 trillion
gap between what the Democrats are being
told the bill will do and what the
Republicans are being told it will do.
So, will it cost you three trillion or
will it save you two trillion? Which one
do you believe is true? And the answer
is, I don't know.
How would I know? I mean, really, how
would I know? How would you know?
Because somebody that you don't know
told you they did an analysis and they
came up with a certain answer. Would you
believe that? These are completely
unknowable things at this point. So,
um I do think
that if anyone except Trump had had said
to me, we're going to goose the economy
so much that we'll make extra money. If
anyone else had said that, I would not
believe it for a second. Because I would
just think they're going to do normal
stuff and get normal results. But Trump,
he does now have a solid track record of
doing things that other people can't get
done. and achieving things that even if
you were very proTrump, you might have
said to yourself, "Well, he's never
going to get that done." And then he
does. So, he might be able to goose the
economy like we've never seen before.
Certainly, he has all the tools to do
that now. And some of it is luck, but it
all seems lined up at this point that
maybe we could see an economy like we've
just never seen before.
could happen.
And then maybe this would be the
Republican best case scenario. Maybe
um when the upcoming budget process
is um engaged, and that wouldn't be too
many months from now. I think it happens
in a few months that that's where they
do the big Doge cuts. Maybe. I mean, I
feel like anything where you have to get
60 votes in the Senate will never
happen, but maybe.
All right,
see what else we have. Uh,
let's check in with what the Democrats
are saying about the big beautiful bill.
Uh, Premila Japal,
Representative Japal says, quote, "If
they do succeed today," which means
getting the big beautiful bill signed.
July 4th is going to be about uh
apple pie kicking mom out of her nursing
home and health care for no one.
And so she's telling she's telling her
constituents that the bill will remove
health care for everyone.
How many of the Democrat public will
know that that's just not true or not
close to true? It's just miles away from
being true. How many will know that? I
don't know.
Probably the people who support her
would not be looking into it. And if
they looked into it, they'd turn on
MSNBC.
And MSNBC would say, "Oh yeah, here's
this example of somebody who got kicked
out of a nursing home." And they won't
ask questions like, you know, "Were you
supposed to be there in the first place?
You know, did you legally have access to
this?"
So that's her take. However, I'm gonna
give her persuasion points for being
visual in her persuasion because listen,
just listen to this thing she said
kicking mom out of her nursing home.
That one you feel because you see your
own mom and you see the building and you
say to yourself, "Holy, what am I going
to do if I don't have professionals
taking care of her and somebody else
paying the bill for it?" You know, I
can't stay home from work. I can't
afford to do it on my own. That one
really hits. So, I don't want to give
her advice, but if you're talking about
a budget and you can turn it into
kicking mom out of her nursing home,
which by the way is not close to
anything that's really going to happen,
but wow, that's that's visual persuasion
right there.
Well, meanwhile, Trump says he's got a
deal with Vietnam for trade in which u
there would be no tariff when we sell
into Vietnam, but they would still pay a
20% tariff for what they're selling into
the US. So that would be a Oh, and also
the the bigger part is that uh they
Vietnam would not be allowed to take
Chinese products and just ship it
through Vietnam. So it looks like it
came from Vietnam to avoid the uh higher
tariffs. Uh the US impos would impose
extra tariffs on stuff that came from
China first and that would be a 40%
tariff. So Vietnam agreed to that
apparently. So that's like a really big
deal because it sort of validates what
Trump was saying that we have the most
valuable market. So we can essentially
charge other countries an entry fee just
to have access to the market. So Vietnam
will pay well, you know, you could say
that US companies are paying it, but the
point is that it would suppress imports
from Vietnam.
And sure enough, it it would put a price
on access to American markets.
Um,
there's a report. Anyway, so what's
what's the big deal about the Vietnam
thing is if it's true, and it's probably
too soon to know if it's the final deal,
but if he really got this, it's going to
validate everything he said. It's just
going to make him look like he was so
right about tariffs that the other trade
deals might hasten to, you know, make a
deal maybe.
So Trump's having the best summer ever.
Um, speaking of which, allegedly,
according to the Times of Israel, Hamas
is satisfied with the Trump motivated
ceasefire idea. So that would mean that
Israel said yes to a ceasefire for Gaza
and that Hamas has agreed to the terms.
Do you believe that? I'm going to put
that in my category of too soon. And I
only see one source so far, Times of
Israel. Now, I'm not saying the Times of
Israel
is low credibility. I'm just saying that
this topic is low credibility. That if
you hear that Hamas agreed to do
something reasonable, what should be
your first response to that? Should you
say to yourself, "Wow, finally Hamas
decided to be reasonable and make a
deal." Or would it be more reasonable to
say Hamas is never going to make a
reasonable deal with anybody,
so obviously the story can't be true? I
lean toward I don't think Hamas can make
a reasonable deal with anybody.
So, I lean toward this not being a true
story. So, I'm not going to embrace it
yet. But it would be really impressive
if Trump got this done right before the
4th of July. Oh my goodness.
So, so my optimism wants it to be true
because it would be incredible. I mean,
it would just be jaw-droppingly
give me the Nobel Peace Prize. Um, you
know, that conversation is over forever.
Best president of all time.
Um, so I mean it'd be wonderful if it's
true, but I'm going to bet against it at
the moment. Maybe it'll be true later.
Well, in a story that, you know, in I
guess normal times would be the biggest
story in the country, but it's just sort
of a thing that passes by at this point.
CIA director John Rackcliffe.
Um, so he's head of the CIA. The CIA did
a analysis of the Russia collusion
um prosecution against Trump. I call it
the Russia collusion hoax. And what they
concluded was that, and I love this
because they concluded exactly what you
and I thought was true. So see how many
of you say, "Uh, that's what I thought
was the case from day one." So they say
that uh John Brennan and Clapper and
Comey manipulated intelligence and
silenced career professionals
uh all so they could pursue Trump and
try to drive him out of office with
essentially just madeup
And according to CIA director John
Rackcliffe, the CIA can conclude
that they were bad actors who tried to
essentially overthrow the uh the
election.
Now, when you saw Brennan and Clapper
appear on, you know, all the networks
that they appeared on during the time
when the Russia collusion thing was at
its peak,
didn't you know that they were the two
guys behind it? and and that they had
manipulated things.
Couldn't you tell every time they
appeared on TV? Because I could. I just
didn't want to say it out loud because I
thought, well, I don't have evidence.
So, if you don't have evidence, you
know, you don't want to get sued for
liel or something.
But every time I saw Brennan and
Clapper,
they looked so obviously like they were
lying. and they were obviously the ones
who had the most, you know, their hands
on the levers of what happens and what
doesn't happen. It seemed really, really
super glaringly obvious that they were
trying to overthrow the country with
their winged monkeys and the media
supporting them.
So to me, this is just the oldest news
in the world. But the new part is that
the CIA confirms it. They looked into
it. So yes, these three guys, if you had
Comey in there as the third, that they
literally manipulated things and ignored
things that they shouldn't have ignored
and focused on things they shouldn't
have focused on and they did it
intentionally
to
Trump.
Now, I don't know what the criminal
penalty is for that, but it's also part
of the twin hoaxes
at the moment. Well, you know the story
of the fine people hoax that was the the
central tentpole hoax that was holding
the Democrats together. You know, no
matter what they thought about their own
bad politicians, you could always depend
on a Democrat to believe the Fine People
hoax. And they would say things like,
"Well, yeah, my side isn't doing so
well, but at least they're not promoting
neo-Nazis,"
which of course never happened in the
real world. Trump uh denounced them. He
did not promote them.
But as long as that hoax was there,
Democrats could manipulate their base
because they'd say, "Trump is worse.
Look at look at what he said in
Charlottesville," which of course he did
not say. He said the opposite.
So that hoax was holding up all the
other hoaxes
and then it collapsed.
So what did they do? They just put it in
a new tenpole. The new tenpole is
January 6. The January 6 quote
insurrection.
And I was listening to CNN yesterday, I
guess, and Anderson Cooper had some
journalist on. And the journalist was
just so deep into the pure propaganda.
No, the 2020 election, the f the fact
that Biden won is a fact. It's a fact.
And do you know how he defended that he
he alone apparently would know that the
election was not rigged cuz it's a fact.
It's a fact. You can't change it. It's a
fact. But you know, there's nothing you
can say because it's a fact. It's just a
fact. And he would just say that over
and over again until the idiots watching
that network would say, "Well, I guess
we know that for sure." To which I say,
"How would anybody know that for sure?
Are you telling me that if our CIA tried
to throw an election in another country
that they get caught every time?
Are you telling me that they're not
there's nobody involved in the United
States politics or or intelligence or
anywhere who would know how to cheat one
of our elections?
How would we possibly know if somebody
knew how to cheat the election and and
whether they didn't? You can't know what
you don't know.
And how in the world do these
journalists get off telling you it's a
fact when nobody can know that? That is
a completely unknowable proposition.
Now, do I have proof that that election
was rigged? No. No, I don't have any
proof of that. The only thing I know for
sure with 100% certainty is that you
couldn't know just by following the
news.
Yeah. What are you going to do? You can
tell if the election is good because the
news said it was good. Have you learned
nothing about the news?
And then Anderson Cooper was, you know,
agreeing with his guests. You know, it's
a fact. It's a fact. It's a fact. Now,
in order to sell that fact, they they
have to get you to believe two
ridiculous things.
One ridiculous thing is that anybody
could know if an election was rigged or
not rigged successfully
because if something is rigged
successfully
by definition you wouldn't know. That's
what makes it successful.
And the other the other uh ridiculous
assumption is that the people who
protested and including Trump knew that
the election
was won by Biden and were simply
pretending it didn't happen. Pretending
they were simply pretending
that it was illegitimate election so
that they could take over the country by
what?
uh wandering around in a building and
trespassing.
Is that how you take over a country?
So, the January 6 hoax has the two most
ridiculous
assumptions at its core that anybody
could know if an election was rigged and
that the people on January 6
believed that it was totally fairly went
to Biden and that they were there to try
to change it to Trump because of his
authoritarian
blah blah blah brainwashing propaganda.
It's a cult.
Oh my goodness. It's the weakest
it's the weakest hoax of all time
because you don't even need to do any
research to to know that those two
problems exist, the ones I mentioned,
but it's all they have. So, the
Democrats are a hoaxbased machine. They
need at least one tentpole hoax. 10pole
hoax means it's the main one that makes
all the other hoaxes look like they're
reasonable. Because all the other stuff
that they say about Trump, just like the
fine people hoax, where if they could
sell that as being true, then any other
accusation of being racist, sounded like
it was true because you you say to
yourself, well, if the main thing that
that would make him a racist, the fine
people hoax, if that main thing is true,
it's really easy to believe all the
other accusations because you've already
established who he is. So now they've
taken that technique over to the
insurrection and they'll say if you buy
the fact that he was part of a, you
know, knowing he had not been elected
but trying to take the job anyway, then
all of the other accusations
about authoritarianism,
they all sound true because you say to
yourself, well, he tried to conquer the
country and stay in office once. So then
they can sell you that he doesn't plan
to leave after a second term,
which you would never believe unless you
had fallen for the tentpole hoax, which
is that he had already tried once to
conquer the country by telling his his
followers to
trespass
and wander around in a building without
any guns.
So anyway,
beware the fine people hoax. We we'll
take care of that one. I'll work on that
one.
um the University of California system,
so that's the system that is uh binds
together all the various California
universities has announced that boycots
of Israel will be banned
and that's because of pressure from
Trump on funding. Um, so now they're
banning protests against Israel or
boycots of Israel. To which Glenn
Greenwald might ask,
um, are they now allowed to boycott
everybody but Israel?
What if the University of California
system um didn't say no if they decided
to boycott some other country?
or do we do we really have laws now that
are Israel specific
and it's the one place you can't
boycott?
I don't know. So, while I'm certainly in
favor of tamping down any signs of
anti-semitism,
I'm not sure if boycotting a country
quite satisfies the anti-semitism claim.
Because I would wonder I would wonder,
you know, it would make more sense if
they said you can't boycott anybody.
You know, maybe universally should not
be involved in boycotting. Or if we said
you can't boycott anybody who's an ally
of the United States,
that wouldn't be bad, would it? because
then it's not Israel specific, but it
would include anybody who's an ally of
the United States.
So, what happens if uh somebody wants to
boycott Russia?
Still legal,
still okay? Or boycott China?
Don't Don't we always talk about not
buying China stuff? Effectively, you
know, a boycott.
So, I guess we have laws now that apply
to one country.
Um,
let's see. Uh,
what else is happening?
Um, yeah,
CNN is u announcing that the uh they're
saying that CEOs are now admitting that
there's going to be a lot of layoffs
with AI.
Oh, no. I'm sorry. There's two opposite
stories. I'm confusing them. Um, the
positive story is that CNN is admitting
that uh the number of layoffs under
Trump have declined tremendously.
So, apparently the they went out of
their way to say a story that was just
unambiguously positive for Trump. Again,
I've been telling you CNN's
making a legitimate attempt
to include a little bit of both sides,
which I had not seen before. So, it is a
change, but uh this is a good example of
that, admitting that the number of
layoffs under Trump are way down, down
49%.
But not all good news. Meanwhile, a
federal judge,
let's see if you understand this better
than I do because the legal stuff is
just so far out of my domain. But a
federal judge in Washington DC just
ruled that uh Trump does not have the
power to declare that uh he's going to
close the asylum process because it's
turned into an invasion. So the word
invasion
is the active word. So Trump was saying
that if it's an invasion
um the federal government has
responsibility of repelling it on behalf
of the states and uh that's all he was
doing. The uh executive order closed the
asylum process as his response to the
quote invasion.
Now, the federal judge says
um that invasion language doesn't give
Trump any new powers that he didn't have
before. So, he doesn't really have that
power. And the part I don't understand
is that the Supreme Court just ruled
that a federal judge can't overrule
something that applies to the entire
country. They can only do things that
apply to their their domain.
So, how did this judge do the very thing
that the Supreme Court just made
illegal?
Well, it has something to do with
declaring future asylum seekers a
protected class.
And here's where I'm going to bow out.
Because if you understand the law well
enough to know why that is a appropriate
workaround
to just simply declare them a class.
How exactly does that give him the power
to do what the Supreme Court just said
you guys can't do? You can't you can't
block something nationwide if you're a f
just a federal judge. Oh no. We'll just
declare that these people who might come
in in the future are a protected class.
Somehow that works around it. How's that
work?
All right. So, I'm a little bit confused
by it. I assume it'll go to the Supreme
Court. I assume the Supreme Court would
say you can't do this trick to get
around our ruling. I don't know. Maybe
it would go the other way.
So listen to the people who know
something about the law if you want to
know more about that.
Meanwhile, James Carville,
uh
he says that he thinks that Trump's
going to try to rig the midterm
election.
Um and he says that uh Trump can't
possibly win fair and square in the
midterms because the big beautiful bill
is about 25 points underwater in terms
of popularity in the country in general.
Um and that's he's that Trump will have
a massive defeat and he's not going to
be able to handle that. So that uh Trump
will declare martial law or declare that
there's some other national emergency.
so that he can throw out the results of
the midterms.
Now, that's what James Garville says.
Now, that would be an example of um
getting your base all riled up, but it
does seem to suggest that he believes
that you could rig an election.
So, can he talk to Anderson Cooper on
CNN? Cuz he believes that an election
can be rigged, but maybe not by rigging
the vote. I think he's suggesting that
he might rig something about the system,
you know, declaring an emergency or
martial law or something,
which would be more overthrowing an
election than rigging it.
Um, going back to Representative Japal,
here's what she's saying on CNN. He she
says, "What is deranged and cruel and
outrageous is that literally we're
seeing literally like literally actually
happening. We're seeing ICE agents and
they're coming and kidnapping and
disappearing people on the streets of
the United States. Is that happening?
Are they kidnapping and disappearing
um people or just people who are illegal
and shouldn't be here in the first
place?
Well, probably their net is picking up
more people than you thought they would.
So, there is a little bit of that. So,
this is hyperbole. Of course, there's no
kidnapping and there's no disappearing.
But I can definitely see that the
aggressive approach to immigration
um is going to pick up some people who
are not the worst of the worst
and they will get shipped off to who
knows where.
So my take on this is that it does
transfer a burden from the the legal
citizens of the United States
and their their risk would be having too
many people come in who were not vetted.
It shifts the burden to the people who
have already come in illegally.
Now I don't mind shifting burden from
the people who are obeying the law to
the people who did not obey the law.
That's it does seem, you know, my my
empathy gene kicks in and I definitely
have empathy for the population that is
being most affected. I have lots of
empathy. Um,
but from a conceptual level,
philosophically,
shifting the burden from the people who
are doing everything right to the people
who are trying to get a little extra
from the system,
that doesn't seem terrible. even though
it does have a price.
Um,
there's this guy Eli Mistell, you've
seen him. He looks like he has the big
white afro and uh he's often on MSNBC.
Well, he was on Joy Reed's podcast and
he said that uh that America is the bad
guys on the world stage and a menace to
free and peaceful people because America
is the one causing all the trouble. To
which I say, well, that's sort of true,
but I would say that America pursues its
national best interest, which is often
tied to its multinational profitability.
And uh that's not really pleasant for
the rest of the world.
But every country gets the opportunity
to pursue their own best interest. We
don't complain too much when other
countries do it. We just say, "Well,
obviously everybody pursues their own
best interests." So yeah, we're sort of
the bad guys to other countries
because we're doing the same thing
they're doing, pursuing our own best
interests.
So, he's kind of right and kind of wrong
at the same time.
CNN's Harry Enon
was uh blown away, as was I, by new data
showing that Democrats have shifted
massively from being pro-Israel
to being pro-Palestinian and
anti-Israel.
And the shift is enormous. Um, it's a
the uh the pro Palestinian
position is up by 43 points.
43 points. In other words, it's not even
close. That it's one of the few issues
where where it's just not close. So, the
Democrats are just anti-Israel, pro
Palestinian,
and the Republicans. I haven't seen the
Republican numbers, but probably not
that. My guess is that the Republicans
are still pro-Israel by a majority, but
I don't know.
So, obviously, the Gaza situation
um and the military might that Israel
has been employing with US support is
not popular,
but I didn't see that it could ever move
that much.
So apparently the uh
um something big is happening. I don't
know if it's a Tik Tok effect, a social
media effect, but if you take the Gaza
situation and you put it all over Tik
Tok
and social media, I can see how you
could turn half of the country, you
know, 180.
Looks like that's what happened.
According to the Wall Street Journal,
there's a bunch of CEOs who are now
saying that AI will vastly reduce the
number of jobs. Now remember, at the
moment, the number of jobs is looking
good. So employment looks pretty good
and we've had AI for
kind of two years
and so far not really any direct effect
on the overall job situation. definitely
affect some individual companies, but
overall employment stayed strong.
Um, and I'm wondering if this is an
example of the Adams law of slowmoving
disasters where if everyone can see the
problem coming like all these CEOs,
um, I think the the CEO of Anthropic,
which is an AI company,
says we'll see unemployment levels of 10
to 20% from AI replacing people. Now
that would be
unemployment of 20%.
That's depression level, isn't it?
Correct me if I'm wrong, but I think
even the Great Depression
was around 20% unemployment.
That's hard to survive that level.
Um, and that I think uh
CEO of what Ford says that half of all
white collar workers might be replaced
by AI.
But I'm going to be a little bit
skeptical about these predictions. I
think it's a little bit too obvious and
easy to say that oh AI will replace a
bunch of workers. It, you know, if
you're wrong, nobody's going to be mad
at you. they'll just be happy that
nothing bad happened. And if you're
right, you get to say, "Look how right I
was." So, it's sort of a safe, easy,
routine thing to predict. Oh, yeah. The
AI will take half our jobs. But so far,
um, I I feel like it will definitely
take jobs in some businesses, and some
industries,
but I don't know. I feel like maybe as
many jobs will be created as there are
taken away. We'll see.
I'm a skeptic.
I'm a loss.
Um, apparently in LA there's some kind
of
u $30 minimum wage hike that was passed
by the city council. So, if you have a
hotel in LA,
you would have to pay all of your
workers a minimum of $30 an hour. Now,
the federal minimum wage is still like
$7.50,
but a lot of states have higher higher
ones, like $15 maybe. I don't know what
it is in California. Is it $15 minimum
wage? But for the hotels, it would be
$30 minimum wage. And of course, the
hotels are saying they can't survive
that. And maybe they can't.
Well, let's talk about uh Jerome Powell.
Does it feel to you that Jerome Powell
has that Joe Biden vibe now? When I see
pictures of Jerome Powell, he doesn't
look like he still has his fast.
[Laughter]
Now, it's still only based on the videos
and the pictures.
It's not even based on anything he says
or believes or anything like that. It's
based on just the vibe. He's got that
Joe Biden, you know, I stayed in the job
too long vibe.
But uh Bill Py is pointing out that when
uh Powell testified
uh to the Senate Banking Committee, so
that's a testimony under oath I think um
that he had answered some questions um
dishonestly and the questions were
involved a new building that was being
built for the Fed and he was being asked
about some of the alleged luxuries that
were being built into the building, I'll
call them luxuries, like a rooftop
garden and some stuff like that. And
that he must have said that they're not
planning that. And now we know that
maybe that is part of the plan. So if he
lied to Congress,
is that grounds for removing him from
the Fed? Because it was a big project.
It was I think it was over a billion
dollars in construction that they were
looking at.
Well, Bill Py has called this out as uh
potential grounds for removing him along
with being too late about everything.
So, and then Trump has uh agreed with
that um put to put more pressure on
Powell.
Um there's new video of this Zoran Mani
guy back in 2021. We already saw the
video where he said that the ultimate
goal is seizing the means of production
which confirms that he's a communist,
not not just a socialist, but actually
wants to go full communist, seizing the
means of production. In other words, the
government owning all the factories and
the the productions. I don't know. But
apparently he's he also in the similar
video in 2021
said something about um I think the
government taking over the pen houses
and turning them into lowcost housing.
So basically
getting rid of private ownership of
residential homes.
Now, you might argue that there's no
such thing as private ownership of homes
in the United States because if you're
paying property tax, which you are, um
if you stop paying the property tax, you
you'd be uh you jailed by the
government. So,
I you know, you could argue that we
already don't have private ownership of
business, but it's closer to private
than the idea of the government owning
it directly.
So yes, uh, Mom Donnie with his creepy
communist smile. That smile that every
time you see it, you say to yourself,
"Wait a minute, that smile looks like a
snake oil salesman. Somebody is trying
to put one over on me." He has the least
trustable face
because of that weird smile, the creepy
communist smile. Um, so we'll see if
that becomes an issue. Well, Newsmax is
talking about how the Washington Post
has a big um opinion piece about how
Trump can lead the US to a nuclear
energy revolution by supporting
innovation and removing bureaucratic
stuff and red tape and stuff. Now, hold
that in your brain.
Do you remember 2016 or so when I was
one of the people on social media who
was lobbying really hard for both sides
of the aisle to understand that nuclear
power was not just better than you
thought it was in terms of safety and
economics etc. but required that we
would never make it into the future as
an important country unless we had
turned around completely our nuclear
energy policies and made them, you know,
pro- nuclear power plants being built.
So that's now the common opinion on both
the left and the right because the
Washington Post opinion piece would
represent I think the left fully
embracing you know maybe not the left
left left but the ordinary left
embracing nuclear power as a requirement
but also the fact that they would write
an article saying that Trump might be
exactly the right person to get us there
because he's he's big on removing the,
you know, the unnecessary regulations.
Um, that's amazing. It's just amazing
that this even exists in the Washington
Post. And then I said to myself,
oh, wait a minute. Did the Washington
Post just think from, you know, first
principles and came to this idea that
now they can be fullthroatedly embracing
nuclear energy. Is that what just
happened?
Or or is it possible that the Washington
Post is owned by Jeff Bezos? It is. And
that Jeff Bezos needs massive amounts of
electricity to run his robot factories
and his own AI.
Oh yeah. So the owner of the Washington
Post absolutely cannot survive in the
future without massive nuclear power and
every other kind of energy.
So, did the Washington Post on their own
come up with a new love for nuclear
energy or or do they know who they work
for and they know that the business of
the owner, you know, the extended
business of all of his businesses can't
survive without a robust nuclear energy
industry in the United States.
Just asking
All right. According to modernity, John
Fleetwood, uh the Xfinity company, the
one who provides cable and Wi-Fi to your
house, at least uh does in my house, um
they now can spy on your physical
movements in your house via your Wi-Fi.
So, you've probably seen stories about
this where uh Wi-Fi can see interference
and it can draw a little picture of
where you are in your house. Did you
know that?
Now, that's not a big problem except
there's an allegation that Palunteer,
which is a big uh you know government
contracted company,
um that has connections to a whole bunch
of data about you.
So, are you do you feel okay that
Palunteer might I don't know this for
sure, but might someday have access to
the Wi-Fi movement information so they
could tell where you are in your house
and maybe even
decisions about what you might be doing
and what you might do in the future.
I don't know how much of this is real
and how much of this is people just
worrying that it could become real, but
it's pretty scary. So, I don't know if
it's real or just a potential real
thing.
It is real that they can determine where
you are. So, even even Xfinity is
advertising that. What we don't know or
I don't know is if Palenter is going to
have access to that data and use it in
some way you don't like.
All right. Um,
Fox News is reporting how the IAEA
uh has warned that Iran could restart
their uranium enrichment within months
despite the US strikes.
So,
do you buy that?
So, even Iran has admitted that the
nuclear program was hit hard and you
know a lot of destruction. But do you
believe the IAEA
who are experts in this field that they
could start enriching in a few months?
I don't know. I don't know how they
would know that. But we also wouldn't
know what they can do that we don't know
about. So
I don't know. So anyway, a part some
part bipartisan lawmakers, people on
both sides have proposed that we put
together a plan to sell B2 stealth
bombers to Israel so that we don't have
to be involved if Israel wants to rebomb
Iran. Is that a good idea or a terrible
idea?
Because I feel like Trump got a lot of
benefit from being the only one who
could do these bunker buster bombs.
If Israel could do it on its own, then
Trump would have had no leverage over
Israel, right? And we like it when um
you know, because we know Israel is
influential in the United States in
Congress.
Wouldn't it be good if there was some
influence that worked both ways and it
was pretty strong influence? Cuz then
you've got a more productive, you know,
ally situation where you're both you
both got your hand on a lever and uh
sometimes one prevails and sometimes the
other, but you know, you're both
pushing.
I don't know. I don't know if that's a
good idea or a bad idea.
Um, there's another report in Newsmax
that North Korea is going to be sending
25,000 25,000 soldiers to boost the uh
the Russian military in Ukraine.
25 to 30,000 more. Is that because
Russia is running out of troops?
Or whether they were running out or not,
it's just cheaper and easier to burn up
these North Korean soldiers who don't
even know why they're there. So, it
could be either one. I'm not sure I'd
read too much into it. All right,
that is all I have to say today. And
look how I came pretty close to 8:00.
So, did uh the big beautiful bill get
voted on?
You remember my prediction? My
prediction is that they would delay it
after January 1 or after July 4th.
Um, so I don't have a prediction about
whether it get signed, just a prediction
that they're not going to make the July
4th deadline. They tried and I think
there's still a really good chance
they're going to hit it. So, we'll we'll
compare my prediction that they won't
hit it to all the reporting that's a lot
smarter than me that says, "Yeah, it
looks like they're going to hit it."
So, uh I see in the comments that, uh
Jack Pobec thinks it will happen today.
I think most people think it will happen
today because Trump's going to put the
pressure from hell on the Republicans.
Trump really, really, really, really
wants this to happen before July 4th or
even on July 4th.
Um,
and he's going to push as hard as
anybody ever pushed anybody, but
anything to get it done. So, I would
agree with Jack that the odds are it'll
get done, but I'm still going to go with
my prediction that it won't
u just to be a contrarian. All right.
All right. That's all I got. I'm going
to say a few words to the people on
locals, my beloved subscribers on
locals. The rest of you, thanks for
joining and I will see you again
tomorrow. Same time, same place. Hope
you enjoyed it.