Back to episode — Episode 2988 CWSA 10/14/25
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? So Time Magazine I believe is owned by Marc Benioff, the founder CEO of Salesforce who is very left but in an honest way. I'm very pro-Benioff as both an entrepreneur and as a good influence on the world. I don't agree with everything he would do of course but you know that's just a basic thing you say about everybody. But he owns I believe he owns Time magazine now and it was a very unflatterin…
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How many of you would have guessed that the New York City office market would not just be okay but would be better than it has in decades like right now? I'll bet not one of you would have guessed that. This is why it seemed absurd to me when I was getting my degree in economics because I thought, you know, I don't think anybody can predict anything. So what exactly is the point of economics if you can't predict anything ever? All right, I'm exaggerating a little bit there. But my guess is that the reason that New York City is doing well and the other cities have not matched this kind of comeback is that the biggest companies know they need a New York City presence. And so I think the biggest companies are saying, "Oh, cheap real estate. Let's lock it down now." I think that's what's happening.
I guess the most powerful rocket ever built was launched today successfully. But what caught my attention was that in succeeding allegedly it lowered the economics of rocket launches by showing that you could do it and reuse all the parts. It didn't blow up. The cost of a launch dropped today, just today, from 67 million for a launch to 10 million, under 10 million. Now if that keeps on, because the whole idea of a reusable rocket is to get the price way down, that's 85% cheaper just because Elon Musk crossed this economic barrier of success. 85%. I don't know how much farther it can go, but wow, I'm pretty impressed.
Eric Trump is crediting the law of positive thinking for Trump's success in the Middle East. And you know, he points out how other people were negative, but his father was positive. You know, I've said before that the power of positive thinking is the book... well actually the author of that famous book was his pastor, Trump's pastor. So on Sundays he would be listening to literally the guy who invented the idea of positive thinking. And then years later he employed it in the Middle East. He took the yes instead of the no when everybody was saying yes, we'll do a deal, but you know, no, we haven't agreed. And he took the yes and ignored the no. Positive thinking. And he changed reality.
As I've said before, he didn't just negotiate. That's not what happened. He changed how we looked at reality and then within that reality, he could get what he wanted. But he had to change the reality first. And the reality was that they had said no to the deal. But they'd used the word yes because they said yes but you know not this stuff. And the but was actually the important stuff. So yeah, he just changed how they saw reality and then they entered his reality and then they made a deal. But that wasn't negotiating. And that's what I mean when I say nobody else could do that. Nobody else could do that. He changed reality. I will never be less impressed by that. I'll never be less impressed.
Anyway, Biden has tried to take some credit for Gaza. He put out a statement that said in part, "My administration worked relentlessly to bring the hostages home." Okay, but they weren't home. "I commend President Trump and his team for their work to get a renewed ceasefire deal over the finish line." So he's trying to make it look like he queued it up and all Trump did is finish it off. But nice try, Biden.
How many of you watched with fascination Trump meeting in Egypt with all the big leaders of the Middle East and a bunch of Europeans as well? And how many of you watched that? That was so interesting.
So Trump got to do the Trumpiest thing I've ever seen in my life. He had unlimited time to speak because he was getting a hero's reception. And all the leaders were there and they had to sort of stand there just respecting and praising him because they didn't have anything else to do. And then he goes through his act where he tries to mention all the leaders, but he makes it really clear which ones he likes and which ones he doesn't like and he's telling you like he loves Erdogan because Erdogan does whatever, you know, he always does a favor if he needs it. He says he likes strong leaders and it just got funnier and funnier.
But then he starts talking about the prime minister of Italy being an attractive young woman and he's joking. Yeah, you know, you could lose your job if you call somebody an attractive young woman, but I'm going to take a chance. And she managed to brush that off. I mean I don't think that was what she wanted to happen, but she managed to go with the flow. She does seem to like him. They do seem to have a real relationship.
But then he's pumping hands with people and stuff but the best part is that the UK prime minister Starmer was right behind him. So some of them were on the dais standing behind him and it looked like he forgot the name of the leader Starmer. He turns around and he goes, "Where's the UK?" So he calls him by his country instead of his name. And then Starmer thinks that he's been summoned over to say something because the head of Pakistan had just done a little statement in which he was recommending Trump to be a Nobel Prize winner. So then Starmer gets sort of recognized and he comes up to the back of the dais where Trump is because he was already in that neighborhood and it looked like he was waiting for Trump to ask him to say a few words and Trump just turns his back on him and starts talking again and he has to slink back to standing in line waiting for Trump. It was the Trumpiest thing of all time. He just put him in his place.
So he makes them all listen to the Pakistan guy say that he should have a Nobel Prize and they all just had to stand there like idiots because none of them were able to get this done but Trump did.
So anyway and the funniest thing was as he's going through the countries you know that there are some leaders he hasn't met. So like he'll give a big compliment to like MBS and Erdogan and others. And he gets to Greece. He's like, "Where's Greece?" Ah, there you are. That's all Greece got.
But the funniest one was he goes he's looking at his list of all the people who are attending. He goes, "Norway? What the hell happened to Norway?" And he never explained and the news never explained what his problem with Norway was. He's like, "Well, what the hell happened to Norway?" It was so funny because I still don't know what happened to Norway or why he was mad at Norway. The only thing I know which I tell you all the time is that he makes the biggest distinction between people who are making him happy, Erdogan, and people who are not. And I guess Norway wasn't making him happy for something. Norway. What the hell's wrong with Norway?
And then we saw caught on a hot mic the Indonesian president who is a president or something else but anyway the leader of Indonesia which is the biggest population of Muslims in the world was for some reason we don't know asking Trump if he could get an introduction to Eric Trump and then I think he also said maybe Don Jr. one or the other. What do you think that was about? Why would that be the one thing that the Indonesian leader would want to talk to Trump about? Can you introduce me to your sons? It's got to be crypto, right? Isn't it crypto? I don't know what else it would be. Yeah. Anyway, it's a mystery.
According to Blaze Media, Joseph McKinnon is writing that the new polls are showing that Trump is beating Obama and Bush at the same time in their term. So at the same month number, Trump is more popular than Obama was. And Bush... doesn't mention Biden, so maybe Biden might have been more popular anyway. So he's outperforming his predecessors. And then Nate Silver says that Trump is still more popular now than he was 8 years ago. So Trump's popularity is higher than it was eight years ago and better than his predecessors. And let's see but his job approval was under 50%. It's 45.3 according to one poll. Real Clear Politics I think.
Anyway, I'm fascinated by what the Democrats are going to do when Trump is being so
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successful and they've got nothing going on. So I sort of made a list of all the things that they can do. Like what are they going to do? What are they going to complain about now? I mean half of their energy was about this and just went away in the most satisfying way. So I'm fascinated that they're... that Hitler did the peacemaking that nobody else could do, and they have to explain why they'v…
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