Back to episode — Episode 2777 CWSA 03/13/25
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to take this experience up to levels that nobody can even understand with their tiny shiny human brains, all you need for that is a coffee mug or a glass or a tankard, a chalice, a stein, a canteen, a jug, a flask, a vessel of any kind. Fill it with your favorite liquid. I like coffee. And join me now for the unparalleled pleasure, the dopamine hit of the day that makes everything better. It's cal…
← Previous segment →fter Rosie O'Donnell announced that she's moving to Ireland, the prime minister of Ireland was in the White House. And the president's talking to the prime minister, and Trump says, quote, Ireland is known for very happy, fun-loving people. Why in the world would you let Rosie O'Donnell move to Ireland? Why would you let her move? She's going to ruin the whole country.
Oh well, I've got one data point that's not scientific, but according to someone I was talking to, I guess yesterday he was talking to a sales rep for Tesla, and the sales rep said it's one of the busiest days they've ever had for sales. So after Trump bought his Tesla, a lot of people apparently followed suit. So Tesla had one of his best days ever. I have a feeling that's going to continue for a little while, so we'll see.
You know, one of the biggest changes for Tesla is it did seem like it was a little bit of a climate change lever kind of a car. So I think Republicans were a little bit, you know, I'll take my gas-powered truck, thank you. I don't need your electric cars. But now that it's so clearly a political thing, a whole bunch of Trump lovers are saying, oh yeah, it's a great car. Are you kidding me? Everybody wants one.
So if you add the Democrats who just like a good car to the Republicans who might buy one partly for political reasons, it could actually end up being good for Tesla net. Maybe. We'll see. Could go either way.
Well, Mike Johnson, House Speaker Mike Johnson, he says that Congress is going to investigate, quote, the domestic terrorism against the Tesla dealerships and charging stations, because there's been vandalism, destruction, and set fires and all that stuff. And yeah, domestic terrorism, that's exactly right.
At what point does the domestic terrorism though become a RICO? Does there have to be, like, do you have to steal something to make it RICO? But if you have a large, organized, well-funded group whose job it is to destroy these Tesla places, even if they don't have directions to say set it on fire or vandalize it, they know what's happening. So if the organizers know that their actions will cause vandalism at various places, at what point does it become RICO? If we can, we have visibility to the entire funding apparatus and everything else anyway.
So Elon Musk is trying again to get the courts to agree to his $56 billion Tesla pay package that was disapproved by a lower court. And the thing that occurred to me today is if he gets a $56 billion payday, do you know how much taxes that means? So you know, I don't know his whole tax situation, but it could be 37 percent of that goes to federal taxes. It would be one of the greatest gains for the government in terms of paying down the debt. Almost nothing would be more immediately impactful than just paying Elon Musk the amount that he's owed, and he's going to pay billions of dollars in taxes, I think.
Speaking of Elon, I guess yesterday they tried to launch the rocket to go get the astronauts that are stranded on the International Space Station, but they had a little technical problem. It looks like they might try again on Friday morning. And I'm wondering, will Democrats come out in favor of leaving them stranded? Now that sounds like a joke, right? Oh, the Democrats disagree with everything no matter how logical it is. So maybe they'll be opposed to Elon Musk saving the lives and rescuing the astronauts. But Biden actually was opposed. That's a real thing. And one imagines that Biden wasn't the only one. He just didn't want Elon Musk to get a win, so he left the astronauts up there.
Do you think those astronauts are Democrats or Republicans when they come back? I've got a feeling that they left the Earth as Democrats but they're coming back as hardcore Republicans. Let me tell you my rule. If I ever get stranded in an International Space Station and the party that I belong to decides they don't want to come get me, and the other party says I'll do it and they send up a rocket and they save me, I'm switching parties right away. It's like, okay, okay, you got my vote. Got my vote.
Anyway, I'd like to give you a tariff update. You know, a lot of stuff's happening in tariffs, and the tariff update goes like this. There's some countries have some tariffs against us, so Trump put some tariffs on them, but then they put some tariffs on us. Then they negotiated some of it. Some of the tariffs went away, but then we tariffed them. Then they tariffed us. Then we went up 200 percent. Then they went up 50 percent. And then there was a tariff and then there was not a tariff and then there was a tariff. It's almost a waste of time to give you any update on tariffs because it's changing so quickly and, you know, sort of a negotiation.
So I guess we're not going to be able to cheaply get alcohol from Europe. How much does that affect you? If I said to you, damn it, no more French wine and champagne, you're going to have to drink that California stuff, do you think you could live with that? I don't know if you're aware of this, but California makes really good wine. I'm not in favor of alcohol, by the way, but you know, it's a free country.
So I'm kind of wondering at what point do the tariffs start costing me money in any category that I care about? Like how long does it take before that works its way through the economy? I don't know. It seems like they keep tariffing things that don't immediately affect me, because even if they do things that affect the price of cars, if I were to buy a car this month, it's already built. So I'd have to wait several months before the cost of a car went up. I don't know. So we'll see.
But according to The Hill, the CEO of Goldman Sachs said this about tariffs. This is David Solomon. He said that the business community understands what Trump is trying to do with the levies on various goods, meaning tariffs. He says that Trump is more engaged with the business community than his White House predecessor, Biden. Now that's a kind of a big deal to get the head of Goldman Sachs to not say anything negative about tariffs. That's a big deal, because it would be so easy to say, well, you know, it's causing some chaos or, you know, there's uncertainty in the markets. It'd be so easy to come up with something negative to say. But when Goldman Sachs decides to say, yeah, the business community understands why he's doing it, that's a really big statement. So I think this is telling us something.
Meanwhile, inflation was down, as you know, and you probably noticed if you're on X that once again the Democrats were doing the identical messages. Have you seen that? So they're doing identical messages about, well actually identical. They were copy-paste. I think there were 50 different Democrats who had the same message. I don't even know what it was. It was boring. But then somebody said, oh yeah, well Republicans do that too, and it showed a whole bunch of messages from people who noted that egg prices were down, gas prices were down, and inflation and mortgage rates were down. And so the Democrat who found all those was saying, yeah, see, you guys do the same thing. Except none of them were cut and paste. Every one of them was written individually, and it was a headline that day. All they were doing is talking about the good news that was in the headlines, which is what we all do. If there's good economic news and it favors your team, of course you're going to tweet about it or post about it.
But here's what I think about the inflation looking good, and I guess jobs are kind of pretty close to in line to what we expected. Jobless claims. It basically gives Trump a month of breathing room, because until and if things start turning the other way, people are going to say, oh well, it looks like that tariff stuff didn't really change anything. At least it didn't make anything more expensive. So the best news is not just that the interest rates are down and eggs and gas are less expensive. The good news is it gives Trump another 30 days of operating space. And if he gets two in a row, I wouldn't predict it but it's possible, if he gets two months in a row where things look down in terms of prices, he's going to have a lot of wiggle room.
You know, after two months of threatening every kind of tariff in the world, if prices go down, and they could because a lot of it is based on expectations for the future economy, so if the economy looks like it's a little soft, prices can go down. I don't know if that's directly what's affecting it. I suspect that with gas and with eggs it has more to do with just something specific to those domains.
So I was watching Bernie Sanders do some event. He's going around talking to big groups, gave an interview. And this is what Bernie Sanders says about the Trump administration. He says it's the scariest time in his life. And I thought, really? This is the scariest time in your life? Why? And he said blah blah blah oligarchs. So the Democrats are trying to find this way to bond with their base, you know, really talk like the regular
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person. Do you know any regular person who complains about oligarchs? Have you ever heard that? I've never heard that once. I've never heard like just an ordinary voter say something like, you know, there are a few things I like about the world but man it's a scary time because of the oligarchs. I would go so far as to say 70 percent of the entire Democrat base thinks that oligarch is one of the…
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