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Back to episode — Episode 2837 CWSA 05/12/25

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deo of French President Macron and British Prime Minister Starmer and German Chancellor Merz. They were all together at a table. It looked like it was on a train maybe or maybe some kind of a jet. But they were sitting at a table and the photographers came in, the videographers I guess, and you saw Macron grab this little rolled-up tissue and sort of take it surreptitiously away. And then you saw…

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k hole and there does seem to be some indication that they're part of the problem of the higher prices.

Now you might say, well, they're a middleman so they're supposed to take their cut, which is true. But you can't really monitor whether their cut makes sense or it's too high because if you try to ask them questions, you would get nothing. It's just a big black hole. Now this is where Mark Cuban becomes a valuable citizen. So you might know that Mark Cuban has his own discount pharma drug company that he's been promoting lately. I think it's Cost Plus Drugs. Hope I have the name right. And he weighed in on this and he had a lot to say about the PBMs, these middlemen. Now I won't read you his whole explanation of how bad they are, but if any of what he said about them is true, and I think it is, they're pretty bad. And so there's some kind of fix that will be needed for these PBMs.

If we just let — well, I guess it's a free market so they can do what they want. But you should see what Mark Cuban says about them because if you're trying to understand the whole pharmaceutical — why are our prices so high — he's got a lot that contributes to that. So I think you should really pay attention to him on this topic because it's one that he knows a lot about. Well, so that's going to make the prices come down.

In other news, Futurism is reporting that the FDA is going to start using AI to speed up the approval of drugs. Now you might say to yourself, "But wait, AI hallucinates. Is AI going to say my drug is safe when it isn't?" Well, they're still going to have to check the work of the AI to make sure it's not hallucinating, but apparently you can speed through the analysis and do in minutes what would take days for a human to do. So I don't know if they have a lot of wrinkles they have to iron out of this, but they seem to be very optimistic about it. It does seem to me that it's the perfect application for AI because it's wildly complicated every time there's a new trial and a new drug and all the rest. So yeah, AI to accelerate the FDA approvals. Probably there's going to be some problems because it's such a big change, but I feel like we have to get there. It seems like that's exactly the place AI should make a difference.

Breitbart is reporting that Trump signed four bills on Friday where he's rolling back some Biden regulations on appliances like water heaters and refrigerators and walk-in coolers and some other household appliances. Now the Biden regulations were, of course, to reduce energy consumption, I believe, and so Trump's rolling that back. So that would lower the cost of those devices. So now we've got Trump lowering the cost of big pharma, lowering the cost of household appliances, lowering the cost of eggs, gas, and a lot of other things, and energy I guess. So it's going to be hard to ignore that. So Trump is having the week of all weeks. I mean I'm still going that the list gets longer, but I don't think any president has ever had this good a week because he's really nailing it this week.

But I'll tell you what isn't working. The Republicans are trying to wrap up their big beautiful bill, the budget. Everything about this budget effort looks fake and theatrical and performative. I don't believe anything that's coming out of

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it. I don't think they're going to give Trump half or even three-quarters. Well, I don't think they'll give him a quarter of what he wants. I think that they will just kick the can down the road, add to the budget deficit, and lead us toward doom. I don't know what's going to stop it, but they're pretending to have this markup session in which they're going to do a bunch of good things. It's all t…

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