Coffee With Scott Adams — Knowledge Archive October 9, 2026
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MainContent Economics & Finance

Back to episode — Episode 2647 CWSA 11/02/24

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Whales on X, top 1% of American households hold 30% of US wealth, a massive 44.6 trillion. Now on one hand that sounds pretty bad that 1% own that much wealth. On the other hand, whenever the news talks about economics they get so much wrong that I feel like I have to add at least this clarification. Billionaires technically have billions of dollars but it's not in the mattress where nobody else c…

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have so you'll never be able to have a real job or make money or take care of a family probably. But the criminal trial, I don't know that you could get 12 people of which certainly there will be a few people who want more Daniel Pennys and not fewer of them. I mean could you really get 12 Americans and not one of them wants more Daniel Pennys? You know what I mean? Because I want more Daniel Pennys. If you could give me a hundred Daniel Pennys I will take every one of them even if they do this, even if every one of them was involved in this. Because it doesn't look like he killed him. It looks like what he did was at the very minimum that seems to have been proved is that Daniel Penny knew where the line was and didn't cross it. That's what it looks like. It looks like he knew where the line was, what would be deadly force, and he did not use it. And then the fact that he had already loosened to a recovery mode before the police got there and there were other people around helping, it certainly shows that his intention was protection. Both protection of the people in the car, protection of himself obviously, but also protecting the person because he put him in a protective mode once the danger had passed.

If this guy gets put in jail for this I'm going to have a real problem with it. All right, because it looks like racism. Let's be honest. It just looks like racism against white guys. And I'd like to see Daniel Penny get out. I'd like to see President Trump get in and I'd like to see a lot of things go our way this week.

Meanwhile Jamie Raskin was on Bill Maher's show. Eric Abinante watched the show so I didn't have to and he reports some of the things that happened, saw some clips. And Bill Maher asking if he was worried that Trump would go after his enemies. And Maher said to Raskin you yourself might be in trouble. You were the lead impeachment manager. How big an a-hole do you have to be where they go after you after you left the job of being that person I guess?

And here's my answer to that. You may have heard this before. No one is above the law. Why are they so afraid? Why are they so afraid? No one's above the law and no one is suggesting that anything outside the law happen. Are there some Republicans who are suggesting let's do something outside the legal process? I've never heard that. I've never heard a single person suggest we do something outside the legal process. So why would anybody be worried? It seems to signal some indication of guilt.

Now I can't read minds but I know if you said to me Scott are you worried about being arrested for murdering that guy that died in the hands of Daniel Penny I'd say well no I wasn't even there. How could a legal process put me in jail when I literally wasn't even in the state and it's easy to prove? So no, not worried. But Jamie Raskin seems to be worried. What's he worried about if he didn't break any laws? I don't know any Republican that would be in favor of the legal process being used against them. I mean there must be, it's a big world so there's somebody in favor of everything but I don't know anybody. I wouldn't be in favor of it. If I see the legal system being pushed by Republicans to do something against Democrats I'm going to be really loud about it because it's not just about Trump. It's just we can't have a country if we're lawfaring our leaders. Just can't do it. So no, Republicans, I think the good ones are not anywhere near the page where they would want to punish anybody just for revenge. But if the law was broken, no one's above the law.

But here's the best part. Bill Maher asked Raskin if he would accept the results of the election. What have I been saying? I've been saying can somebody please, please do your job as a reporter and ask a ranking Democrat: will you accept the results of the election if it doesn't look legitimate to you? Because that's what Trump did. He didn't accept it when it didn't look legitimate to him. So the question has to be Jamie Raskin, will you accept the result if it doesn't look legitimate to you? Do you know what he said? No. He said no. He said if it looked like there was some, I'm paraphrasing, but if it looks like there's some shenanigans and it's sort of clear that there are some shenanigans then no of course I would not accept that.

There it is. That's it. We're done. That's the whole election. January 6 was the only thing they were hanging their hat on. If by the end of Monday at least the Republican press hasn't

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made this the biggest story then they're pretty incompetent. This is the biggest story. This is everything. Trump just won January 6. He won it in a knockout. It's a knockout. Jamie Raskin just said he'd do the same thing Trump would do. You said it on live TV. You said it clearly. You said it unambiguously. There was no gray area. He said if it doesn't look real he's not going to accept it. Exact…

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