Back to episode — Episode 2669 CWSA 11/24/24
Context —
opposite of what makes sense, but if a small city can elect a mayor who then can make sure that the contracts go to their brother-in-law and anybody else who's going to give them a kickback, we don't have a workable system. See that's a system problem again. So what I'd like to see is Vivek and Elon coming up with maybe some ideas collectively for how we can make sure that if money is sent to an…
← Previous segment →ds around my teenage kid, and maybe those friends will influence them. Now that would be a real solution. But sending money? No. I mean if Trump decided that HUD didn't really have a future, I wouldn't be surprised anyway.
I saw Chamath talking about on the All-In Pod. Chamath, I think I say his name wrong. It's Chamath, right? And then I never try to say his last name because I'll just embarrass myself. But it's like Palihapitiya. Jason, are you watching? If Jason is watching, you're laughing at me right now. There's some names that I really try hard. Like every time I read his name, Chamath's last name, I read it and I sound it out and then I try to memorize the order of the letters and stuff. Never works. It doesn't last a day anyway.
But Chamath said, can you imagine if these guys, you're talking about the people working on DOGE, can you imagine if these guys basically use DOGE as a mechanism to shrink the tax code, create a flat tax potentially, the idea of just cutting this all the way down and finding through that process what they actually need. And he says I think America could get 100 to 200 basis points of GDP growth. It could be an economic renaissance. I agree.
Now I don't think flat tax will ever work in America. There's just no way, because it's good for rich people, it's bad for poor people. No way. You're never going to get a flat tax. So just forget about it, right? I mean it's great to talk about, but you're never going to get a flat tax. However, if you could reduce your taxes and make sure the taxes have the right incentives and you get it down to a minimum and you cut the cost of the government so you don't need as much taxes, could you get 100 to 200 basis points, meaning that instead of growing by 3.5 you would grow at 5.5, which would be incredible? Yes. Yes, I think you could do that. Is it hard? Oh my God, it's hard. Is it possible? I think it is. And so I have the same intuition as Chamath, less faith than a flat tax could ever even be within a mile of being viable. And I just think that's because of the way our brains work. We wouldn't, we just couldn't handle it. Flat tax would just make everybody complain too much. Good for rich people.
So now we know much more about January 6 and that the National Guard was delayed three hours and 19 minutes when everybody knew that there was going to be a problem. And it looks like we got a real problem. So Chief Steven Sund, who was in charge of the Capitol Police, and he's noting that we now know that there was this three-hour delay, and if they had sent the reinforcements, it would have looked completely different. Does it look to you like the delay was intentional to make the optics as bad as possible? Maybe. You know, you can't rule out incompetence, but it certainly has the look of an op, and you can't ignore that.
So certainly the January 6 committee are at the top of my list of people we need to be looked at to see if there was a crime there. Now I don't believe in lawfare. It has to be a real crime. But if they were hiding evidence and lying under oath or any of that stuff, these are really bad consequences. I mean what happened to the country? People in jail for it. If there's nobody on the January 6 committee that ends up in jail, I feel like I'd be disappointed. But if they didn't break a law, that's the way it's got to be.
Anyway, California is making it harder to produce gas in California, so we're all dead. Forget about that.
So the story about Biden doing this last-ditch effort to send all the money they have to Ukraine. Was it Antony Blinken said President Biden has committed to make sure that every dollar we have at our disposal will be pushed out the door between now and January 20th. So that really doesn't sound like somebody who's taking care of America, does it? We're going to make sure that we push every one of your dollars out the door before the government changes. That doesn't sound like they're on our side. It really doesn't. So I mean there's a tone problem there. But the way it's being framed is that these moves are designed to make sure that Ukraine is in the strongest possible negotiating position when Trump takes over. Really? Really? Is that why they're pushing all that money through right now? It's to help Trump get a good outcome? Is that why? I don't think so. I don't think so. No.
I think that there's a massive money laundering operation and they're pushing as much money through it so they can suck as much out of it as they can and basically robbing Ukraine and robbing the United States while they leave office. That's what it looks like. That's what it feels like. I don't have any proof, but it sure looks and feels like it's a money laundering, money stealing operation. But nonetheless, it could be true that it would keep Ukraine strong enough to negotiate well as well. So that's good.
All right, that's all I got for you for my prepared remarks today. I'm going to go talk to the people on Locals who haven't yet banned me, and I will see the rest of you on Rumble and YouTube and X tomorrow, same time, same place, and we'll have fun again. Thanks for joining. And Locals coming at you privately in 30 seconds.