Coffee With Scott Adams — Knowledge Archive July 10, 2026
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Back to episode — Episode 2539 CWSA 07/17/24

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often in public. So it's more revealing about what they actually think. And I do think that there are quite a few people who want people like me to be literally dead, like actually literally dead. Now why is that? Is it because they accurately know things I've said? Is it because they accurately know things Trump has said and done? No, it's the news. The news is the story again. If you think this…

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tupid can get to Trump anymore? Think about it. Trump now has a smart filter that he surrounded himself with that's largely impenetrable. There is no way that something just stupid is going to get all the way to Trump and turn into a policy. Because you've got Vivek standing in the way. You've got JD Vance standing in the way. You've got Elon Musk standing in the way. You've got most of Silicon Valley's smartest venture capitalists, we'll talk about in a moment, standing in the way. Now he didn't have that before, right? He did not. He had smart people of course, but he didn't have that. That's like an impenetrable shield of high-IQ people who are going to make sure that the dumb doesn't get to Trump. And if it does, it's not going to stick. They're going to give him a Silkwood bath if he gets any dumb in there. So I've never felt so confident about a presidency. You know, fingers crossed that becomes Trump. He is assembling the most credible team.

And then we heard today that there's some talk of Jamie Dimon being considered for Treasury. Now I can't imagine that he would ever take that job because Jamie Dimon has like the best job ever if you're in that space. And working for the government and working for Trump is pretty much putting a target on your back. So I can't imagine you'd take the job. But I love the fact that it's not crazy. I mean Jamie Dimon did say, hey, you know, Trump got some things right. Which is not being a Trump supporter. That's not a Trump supporter. He's just saying, you know, the criticism is a little off base. Could he do it? The fact that we're even talking about it as a possibility when Jamie Dimon was being talked about as a potential replacement for Biden is kind of phenomenal. I mean if you think about what that would look like in terms of unity, it would be incredible.

Now I would say to Jamie Dimon, if I were advising you, what's good for you in your life, don't do it if you get asked. That's going to be a tough assignment. You know, you might want to keep your reputation intact. But if you've got the guts and if you're the patriot that I actually think you are, it would be a hell of a service to the country, assuming that the story is real and it's really being considered and it really gets offered. It would be a hell of a service. And I for one would have extreme gratitude for anybody who took that kind of a just a pure risk for the benefit of the country. There's nothing in it for Jamie Dimon. There's nothing in it. But if he did it, that would look like pure, pure service. So I don't expect it because that's a lot to ask for anybody, especially if they have a family and you know everything else. But wow, just the fact that it's even being considered is quite interesting.

All right. Fed is looking at cutting some rates. That's your good news, bad news. The Fed doesn't look at cutting rates unless the economy is starting to drag and unemployment isn't as good as it should be. But we're always going to put a political spin on everything, right? So if the Fed cuts the rates, it's going to look positive for the economy. The stock market presumably will go up. It's going to help Biden's argument. Hey, look what I've done. The economy loves me. And then of course the people who are smarter than that will say, but the stock market is a forward indicator which is really already priced in Trump. So it's already a Trump market. I'm just going to say it. The stock market is a Trump market from now on. Is that fair? Would you agree it's a Trump market? I think it's going to respond to what they expect Trump will do from this point on because he's the presumed winner.

All right. Elon Musk says he's moving two of his headquarters out of California. So he's moving the X people and he's moving the SpaceX headquarters out of California. And he says the reason is that California's new law that basically tells schools that they can transition your kid without your knowledge. Now that's my own description. That's not what anybody smart would say. What smart people would say, the schools are not required to tell parents if the child is identifying as a different gender, I guess. Now is anybody okay with that? I have real questions. Is there any parent anywhere, Democrat or Republican, is there any parent who thinks that's a good idea for their own children? You know, maybe they think it's a good idea for your kids or something. But I feel like there's no actual human being who has children who thinks that's a good idea. That sounds like something that childless people would say. Like what parent would ever give up their own rights over their own children? No matter what the right was, why would a parent ever give up a right that involves their own children? I don't understand how there's even one person who could be in favor of that. I've never heard the argument. What's even the argument? Because the argument is presumably something like the parents don't have the best interests of the

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kids in mind in some cases. I assume that's the argument, right? But what parent would be in favor of that? There's no parent who would be in favor. So did people without kids make decisions for people with kids? I don't know what went on there. I don't know how such an absurd thing could happen. Now I do suspect that Elon Musk had a bit of a fake, meaning that he was already talking about moving…

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