Back to episode — Episode 2750 CWSA 02/14/25
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n into every big move. And cleaning up LA is a big move. They probably are just holding out for diversity and getting their cronies the jobs and figuring out some way to monetize this for the government itself. So I don't trust anything about the California government. They have not earned any trust. I assume that the reason it's not happening rapidly is just pure corruption. It could be incompete…
← Previous segment →iations with countries that maybe give us some advantage. Maybe not. Maybe it's all we need. Maybe just keep us simple. You tariff us, we tariff you, end the story. I don't know. So I'm going to wait and see on this one. Could be good.
Meanwhile the House budget, now this is the budget that's been pushed forward by the House. The Senate still has to weigh in. But it's a $4.5 trillion budget and it extends the 2017 tax cuts for 10 years. I like that part. And it's going to be, let's see, but it also increases the debt ceiling by $4 trillion. So does that mean that the debt is going to go up $4 trillion or are they just thinking ahead and it might be one trillion per year which would still be bad, but it might get to four trillion? So all this work with DOGE but at the same time we're looking at raising the debt ceiling by 4 trillion. Can anybody explain what's going on here? Because I don't understand. And again I'm somebody who watches news every single day. You know, I dive into things pretty deeply. I have no idea. No idea what's going on here. But it doesn't look good.
It says they would try to get their congressional committees to find at least 1.5 trillion in spending cuts. Really? Are those committees going to do something that DOGE isn't doing? How does any of this fit in with DOGE? Are the DOGE numbers already baked into these estimates or do they fix them later when the DOGE cuts become more transparent and we know what's going on? This doesn't make sense. It looks to me, and I'd love to be wrong, but it looks to me like Republicans are going to drive up the deficit and that they know it and that they've just all agreed to do it. What world am I living in now?
You know, the first time I brought this up I got a little heated about it but I decided let me back off a little bit. I want to see what Elon says because he's better at math than I am. If Musk says yeah, you know, the budget that they passed out the House makes sense because if you consider the DOGE cuts everything's going to work out, maybe I would love to hear him say that. But so far, correct me if I'm wrong, Elon Musk has been silent on this, has he not? I haven't seen a comment. If Musk is silent about the budget that the Republicans have passed, that could only mean one thing. Because Musk is not silent on anything that is big and matters. And what would matter more than this? I mean if you're working on cost cutting and then the Republicans are working on making it all a waste of time because they spent the money you saved. This is what I think's going on. I fear that Congress is so broken that when they hear that Musk can find a way to cut a trillion dollars out of the budget instead of saying yes let's bank that reduction and that'll reduce our deficit, here's what I think. I think our politicians, both Republican and Democrats, say oh we just got another trillion dollars and then they got to spend it. Which is the opposite, the opposite of what you should be doing. But that's what it looks like. It looks like they're taking the DOGE cuts as a way to spend money on other things in the same amount as the cuts. Now I'm just saying it looks like it. I'm not saying that it is. So can somebody in the government who's good at explaining stuff, could be JD Vance, could be Elon Musk, could be Vivek if he's dug into it enough, I want somebody smart to give me a whiteboard and say this is what we're going to spend, this is what we're going to cut, here's how DOGE works into it, here's your deficit for one year and then this is the deficit as it will go forward. You need to tell us that. Because correct me if I'm wrong, if I don't understand it as much time as I put into understanding things like this and I have a background in this domain, if I can't understand it there's no way that the average barely interested person understands it. So yeah, we need some help on this one please.
So I'm going to give a little grace period and I'm going to back off of my heated cursing anger over this because I might be wrong. I might be wrong. It's happened before. So I'd love to find out I am.
Well, John Bolton is in the news. I love the fact that once you know the players then when they talk everything makes sense but not until you know the players. So John Bolton says that Trump is a Russian agent working for the Kremlin or at least he acts like it. He acts like a Russian agent working for the Kremlin and maybe he is. It would have surprised you to know that John Bolton used to be involved in USAID. There are no coincidences. Yeah, Bolton was part of USAID or he got funded by it or somehow he was involved with it. So how many of you think that Trump is an agent of the Kremlin? I don't think so.
Well, one of the things that Trump's getting done is that the military, in anticipation of DOGE coming for them, are putting together their own list of things to cut. Now I don't trust it. I don't trust it. But it's interesting that they're trying to get ahead of it. So apparently there's some weapon systems that even the military thinks they don't need, you know, that might be outdated or whatever. And so they're putting together a list of outdated drones and vehicles and things that you could cut billions of dollars. Now I think it's a trick because they might want to be trying to head off DOGE. It's like oh DOGE, yeah you don't really need to dig into this. We've already done the work for you. Thanks for setting us on the right track. We've already found 20 billion dollars to cut out of the budget. We're good. But DOGE might find a lot more than 20 billion. So I don't trust the military finding their own cuts because it's never worked before. It's probably more of a trick than an actual good thing. But we'll see.
So the Trump administration's buyout offer to get rid of government workers, I think they were hoping to get 100,000 people to sign up for the early package to leave their work. But they got 75,000 so far. I don't know if the
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window closed yet. But 75,000, that's pretty good. If you're shooting for 100 and you get 75 that's really good because how in the world could you estimate how many people will take an offer? If you estimated it this well, you said 100 and you got 75, that's pretty impressive. I don't know if you've never done this kind of work where you're estimating things that are impossible to estimate. This i…
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