Coffee With Scott Adams — Knowledge Archive August 23, 2026
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els like they change the rules after we got there. Now as a trained economist, in case you didn't know that, one of the worst things you can do in an economic system is change the system midstream unless you're really fixing it. In this case it's a change that was good for YouTube presumably but certainly not good for many creators such as myself. So anyway, enough on that. Have you heard the st…

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ce that you're going after the banking relationships of the cartels, what we should expect is a response and we should expect that Bitcoin would be up. Up 2.2% this morning. Okay, I don't know if that's cause and effect. But if you take the banking relationships away from the cartel, where are they going to put their money? Crypto maybe. So and I don't know if the government can actually track down crypto stuff these days. Maybe they have a way. Maybe they don't.

Anyway, that's good news. Now it doesn't necessarily mean, as somebody saying in the comments, a two percent move of Bitcoin is just in the noise. You know Bitcoin can go up and down eight, nine percent a day without any effort. So what we'll look for is to see if the moves are mostly up based on that. Well I don't know. Maybe the cartels don't have enough money to make a difference although that seems unlikely.

So designating the cartels as terrorist groups does not necessarily therefore give us military options. You know I think Congress probably still has to get involved. I don't know what the president can do on his own legally in terms of combating the cartels without Congress on its side. But this is a big deal. I think it looks to me like a big deal to designate the cartels as terrorist groups. I think we're getting serious now.

The smart people have also warned that if we do get serious with the cartels, especially if we get serious in a military way, that there will be blowback. You know they're not going to just roll over. They're gonna go completely savage on innocent citizens. You know Americans will be kidnapped and tortured. It's gonna get really ugly. But at the moment I don't think it could get much worse.

Now I would like to suggest that if you want to take the cartels out, designating them as terrorist groups is a good start. But also we need to take a look at legalizing their product. We have to look at legalizing the drugs that are being shipped from Mexico and wrapping those users in some kind of a protective medical wrapping if you will. So I think we have to legalize because we're out of options. Even if we were to go in with the military and wipe out every cartel member it would take about ten minutes before there was another fentanyl path into the United States. So if you really want to take them out you got to make their stuff legal and take away all of their options.

Now you could make it all legal and still wipe them out but I don't see any point in wiping them out other than revenge which I have in favor of. So we'll see what happens there.

All right, Melania went to an event in Baltimore I think, a youth summit on opioid awareness. And the news is reporting that she got booed. She got booed by the youth at the youth summit for opioid awareness. I just don't know what to say about that. First of all Melania is not Trump. Not Donald Trump. Melania is Melania. And is there anything that Melania has done since we became aware of her as the candidate's wife, is there anything that Melania has done that isn't just positive? I mean really, you know if anybody deserved some kind of a medal it's got to be Melania because not only does she put up with her husband but she does it with class and grace and completely just one of the best first ladies we've ever had I would say.

So the fact that she gets booed when she's just trying to help, keep in mind she didn't run for office. If she's had an opioid awareness summit it's because she's just trying to help. It's just trying to help. Like there's no politics on opioids. There's nobody on the other side of this issue booing her over that. That's just something wrong with the country.

All right, CNN has produced a new poll saying that impeachment is still at 50% approval. So because the news was working against CNN, the other news was saying that another poll said that there was less support for impeachment after the hearings. What do you know? CNN comes up with a new poll there quite coincidentally, quite coincidentally says that impeachment is still just as popular. It's not more popular. So the impeachment hearings did not make it more popular but it's exactly the same as before the hearings. Isn't that a convenient poll for CNN? Do you believe that one? I'm gonna say no on that one.

So Buttigieg has surged into second place at least in one CNN poll. I'm not sure the other polls are going to back that up yet but it looks like Buttigieg is really making a play for it now.

I would like to run by you a Joel Pollak hypothesis that I find very compelling. Joel Pollak of Breitbart had this thought on Twitter and it goes like this. Actually I think he had an article about it. It goes like this. There are so many candidates running for the Democratic nomination and nobody seems to be getting a dominant purchase on the nomination who also could win in the general election. So Biden has the highest poll numbers but nobody thinks he could win in the general. Sanders and Warren who would destroy the economy and could not win in the general and they were one two and three.

Now Buttigieg is surging up into the top. Maybe he's second, you know depending on how the polls shape up. But Buttigieg has an African-American problem which makes him probably unelectable in a general election. So what do you do if you're the Democrats and you go into the convention and nobody who could win has a dominant position? And let's say you do the first round of votes and there's no decision. Now not an expert on the new rules about superdelegates etc. But my understanding is if you don't get a clear result in the first round of voting I think it's after the first round then the delegates are released. In other words they can negotiate and they can work out a deal behind closed doors.

Now what would happen if the Democrats and let's say the superdelegates can't work out a deal? Somebody in the comments just said I'm Kamala Harris and I approve this message. Yeah you know where I'm going on this. If it's a brokered deal they're gonna broker the candidate. They're gonna end up with the candidate who the smart people in the party, the people with the money, the people with the powe

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r, the Democrat bigwigs, whoever the candidate is if it's brokered is gonna be somebody who could bring together the so-called Obama coalition because that's how you can win as a Democrat. And who could do that? Right, Kamala Harris. Now Kamala Harris's policies still look a little sketchy. She'd have to work on her policies but that's not unusual. It's not unusual to have to modify your policies…

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