Back to episode — Episode 2976 CWSA 10/02/25
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f they don't mention it, I guess it comes down to this one thing. And to Tapper's credit, although he called it a lie technically, he did also support why it's a perfectly good point that the Republicans are making. It's a perfectly good point. If they don't want to fund people who are non-citizens, that's the choice the voters. And then anyway, so Jeffries didn't have much of an answer to that. H…
← Previous segment →say will, according to the Post Millennial, it will supercharge pediatric cancer research with AI. Now, that's a good idea. So I think it's mostly an AI related thing, but they want to direct the AI at looking at all the apparently they have immense amounts of cancer data that would be relevant to childhood, but they don't really have an excellent way to see what that data means, which is strange. I would think that they would have, but apparently they're going to fix that. And you know what I say, faster, please. 'Cause if they fix it for children, well, you know, they're not going to be working on prostate cancer for children. But they might learn something about cancer that could be useful, keep me alive a few more years.
Here's some more good news. The US Department of Energy is going to take a 5% ownership stake in Lithium America's Corp., which I didn't know this, but apparently Lithium America's Corp. owns rights to look for lithium in a giant what do you call it when a volcano is dead, but it's that big volcano hole. Well, anyway, the non-active volcano apparently has the largest lithium deposits in the world in America. So America has the largest lithium deposit in the world. The only thing we don't have is the efficient way to get it legally. So the US department takes a 5% ownership which presumably will help them get the resources and the approvals and the regulations that they need. Now my question is this. How many companies has the US taken an equity position in? Intel and there was another one. Few. I feel like we already have taken the value of something that will easily be a few hundred billion dollars. Maybe not right away, but fairly easily will be worth a few hundred billion dollars. And it makes me wonder since I like this model where the government takes a small piece of equity in return for being a more let's say active participant in the company's success where the government makes a difference. I kind of like it. Kind of like it. And it makes you wonder if we could get to paying off the entire debt that way. Cats. So I feel like we could get to a trillion dollars in equity with maybe half a dozen more deals. That would all make sense. That would make sense for the company. They'd make sense for the government. And it wouldn't be fascist because they would just have a little equity. Just a taste. I feel like we couldn't pay off the entire $37 trillion debt, but we would at least get on the ride that can go up, whereas taxes can't go up that much. You know what I mean? So if you check in in five years and the government has taken a bunch of equity, in five years that equity may have doubled in value, it may have tripled in value because of the government's. So we may have found a way to pay off 5 trillion without raising taxes. I mean just think about it. This model of if you add tariffs to taking equity suddenly you have two it's not you know the tariffs I understand often come from the domestic importers but still it's creating a non-directly tax way to take a bite out of that debt maybe that could be good news I do like the government taking equity if it's a small part anything over 10% would start that would be bothersome but up to about 10% yeah sometimes all right. The lithium America stocks already went up 130% I think just on announcements or suspicions of the deal I don't know if we're already part of that because if we already had our deal. Did we already get the upside or did the upside happen before the equity was granted? I don't know. But Trump picking up free money for the country. I will never dislike that.
Well, as you know, there's all these drone sightings over in Europe. So now we've had and they think it might be Russian drones, but now we've seen Denmark and Estonia and Poland and Romania and now the latest is Germany got some drones that they can't identify and didn't shoot down, but they look like they were surveilling important infrastructure. So what do you think this is? Is
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it possible that each of these countries is just saying domestic drones, but they don't know what they're seeing? So they're just imagining that it's more of a Russia problem because everything's a Russia problem. Or is Putin showing NATO that NATO has no air defense? Because if it is Putin, he is in fact country by country proving that they have no air defense. Now, you notice that France is not…
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