Back to episode — Episode 2732 CWSA 01/27/25
Context —
one of the things Marc Andreessen said, he was dumping on Larry Fink, the head of BlackRock. And he said that Larry Fink fell for every idea in the world. Those are his words. Of course I'm much too nice to use that, but I'm quoting because apparently it's semi-approved at the moment. So he was saying that the DEI and the ESG and the zero point whatever. So yeah, I love to see a hugely important b…
← Previous segment →migration. And lots of people say some of them are involved in child trafficking, sex trafficking. And the only thing I know for sure is why are there so many of them and why do they cost so much and why are we funding them? It couldn't possibly be a good idea. So I'm pretty sure that nearly all of these need to be shut down immediately because they seem to be working against the interests of America while we're funding them. How in the world did we get in a situation where we're funding these unlimited number of entities that are actually trying to, seemingly, I mean if you just looked at what they're doing it looks like they're trying to destroy America. How in the world are we letting that go on? I've got a feeling that Trump's getting ready to put the hammer down.
And yesterday apparently Elon Musk suggested tongue in cheek that the English Channel, the water between England and France, should be renamed to the George Washington Channel. Now I saw one commenter who was terribly incensed that he would suggest that the English Channel would be renamed to the George Washington Channel. How do you not know he's joking? How does somebody read that and not know that's obviously just a meme? Think about what it would be like to be one of the people who doesn't know how jokes work. Like I don't know, that looks real to me. Anyway, that's funny.
Well, Trump is pushing his idea of a tariff-funded economy instead of just taxes. I don't see any way that he could get to a tariff-only economy. But if it got to a point where taxes didn't have to go up because tariffs were handling it, maybe. But you know if there's tariffs also your expenses go up. So I don't know how to net that out. I'm not sure if anybody does. But it is true that we used to have a tariff-funded economy when things were simpler. And it could be that it's easier to raise taxes than it is to raise tariffs because all the obvious reasons. It makes it
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harder to get stuff there. There'll be retaliation, etc. And then you have the separate problem that if you just become the tariff country, wouldn't it cause other people to find workarounds and not sell things to you? Or would it cause people to... there would be some confusion if you tried to use it as a weapon if it was also your normal way of doing business. But I suppose you could still crank…
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