In short
Podcast Summary: All-In with Chamath, Jason, Sacks & Friedberg
Episode Title
Trump wins! How it happened and what's next
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Hosts
- Chamath Palihapitiya
- Jason Calacanis
- David Sacks
- David Friedberg
Overview
In this episode, the hosts discuss the recent election results, focusing on Donald Trump’s victory, the implications for the Democratic Party, and expectations for the upcoming political landscape. They analyze the factors that contributed to Trump's success and the failures of Kamala Harris and the Democratic coalition.
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Key Highlights
- Introduction and Election Night Recap
- David Sacks shares his experience at Trump’s Mar-a-Lago during election night, where a sense of calm was evident among attendees, including Trump himself.
- Elon Musk was also present, highlighting the notable figures at the event.
- Analysis of Trump’s Victory
- Trump's Strategy: The hosts attribute Trump's success to effective messaging that resonated with voters’ desires for economic stability, safety, and clear educational curriculums.
- Democratic Failures: The Democratic Party's reliance on identity politics and dismissive labeling (e.g., calling voters racist or sexist) alienated many potential supporters.
- Democratic Party's Struggles
- The Coalition's Breakdown: Discussion about how the Democratic coalition is failing, particularly highlighted by dwindling support in traditionally blue states like California and New York.
- Campaign Discrepancies: Emphasis on the disparity in campaign spending, with Democrats outspending Republicans significantly but failing to secure necessary victories.
- Public Sentiment and Policy Issues
- Key Takeaways: The hosts argue that voters are tired of being told how to think and prefer straightforward policies over political correctness.
- Voter Behavior: Young male voters are increasingly drawn to Trump's message, marking a shift in demographics that could influence future elections.
- GOP’s Legislative Agenda
- Expectations for Trump’s Presidency: Anticipated focus areas include reforming the bureaucracy, economic policies, and addressing inflation.
- Cabinet Positions: Discussion around potential cabinet appointments and the importance of selecting effective leaders to drive Trump’s agenda.
- State Elections and Abortion Laws
- California's Political Shift: Significant local elections in California, including the election of a moderate mayor in San Francisco and ballot measures concerning abortion.
- Public Reaction to Abortion Laws: Both sides of the abortion debate are addressed, with an acknowledgment of the changing landscape in state laws post-Roe v. Wade.
- Cultural Dynamics
- Media Influence: The hosts reflect on the legacy media's role in shaping public perception and the growing distrust toward traditional news outlets.
- Movement Towards Transparency: Emphasis on the need for transparency in government and potential reforms to restore public trust.
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Conclusion The episode encapsulates a pivotal moment in American politics, with Trump’s victory signaling potential shifts in voter behavior and party strategy. The discussion highlights the importance of addressing public concerns with clarity and a return to first principles in governance. The hosts encourage constructive dialogue moving forward, recognizing a critical juncture for both political parties as they navigate the evolving landscape of American democracy.
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Additional Resources
- Tickets for The All-In Holiday Spectacular: [Link to Event](https://allin.ticketsauce.com/e/all-in-holiday-spectacular)
- Follow the Hosts on X:
- [Chamath](https://x.com/chamath)
- [Jason](https://x.com/Jason)
- [David Sacks](https://x.com/DavidSacks)
- [David Friedberg](https://x.com/friedberg)
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Notes
- The reflections on past election strategies provide insight into how political messaging can evolve.
- Key arguments present a perspective on the significance of voter engagement and understanding public sentiment.
- The episode showcases a blend of personal anecdotes and broader political analysis, typical of the show's dynamic format.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Well, let's let's just go around the horn who voted for Trump. Let's all raise their hands for those who voted for Trump ready One two three go. I voted twice I voted in four swing states they said multiple about my house. I've shown to all of them
0:30And it said we open source into the fans and they've just got a reason. WS nice. Queen of the world. I'm going Berlin. Hey, everybody. Welcome back to my J. Callum. I'm glad your energy is so door welcome. Welcome. Welcome. I'm Tim Waltz. I'm Tim Waltz of the All in Pod. Welcome. Welcome. Welcome. You're the local. I'm a dad. Did you just sashay into the your seat? I am right there. Show us your. Yes, chose your chance. By the way, that name, you just enjoy that name Tim Wallace while you can because you're never going to hear about that guy again. He's giving you more forgettable than Tim Cain.
1:07They're going to be doing us some house. Oh, God, did you see that set up live bit? They're going to be doing SNL skits and how forgettable he is. That SNL skit was next level. I agree. Okay, so today we are going to cover the big news. Are you thinking of the news? Yeah, right. We'll start out with a little housekeeping and then we'll get into it. So like and subscribe on YouTube YouTube .com slash at all in. We're trying to hit a million subscribers. Don't forget the holiday party all in .com slash events. It is Saturday, December 7th, NSF. We have a couple of great announcements for the holiday party, which I think we are spending way too much money on.
1:41Steve Aoki will be DJing. Nice. And on on Dreia, Bo Tez will be there doing the opening DJ set and her sister Alex will be joining us as well. And Dre and Alex will also be playing the Bo Tez sisters. we're gonna have a chess tournament during the party, which will be super fun, Sacks. You can get in on that, challenge Alex Botez or David Sacks to chess. Gary Richards, also known as Destructo. This is an awesome chance for a rematch. That's right. As I recall, I beat her last time. Yeah, and we both have a board on screen. You totally told me to go f*** myself and wouldn't give me any help. I also blundered my queen and still won on time, which I will always hold dear in my heart.
2:22But that was more time if we give her more time that was a really tough situation. Yeah, she would have crushed all of us 4v1 tough. Yeah, but it's gonna be a great show other guests to be announced in the future VIPs almost sold out and we're doing them like a special dinner after the live show and then the party's gonna be awesome Casino games food drinks DJs. This is just to have fun guys. This is not meant to be Kind of like the summit type show. We're gonna just have a great time So we hope everyone will join us and if you've got startups that want to join Please come on by buy some tickets and how much is this?
2:55You said a million bucks Yes, but the odds are we are so we're gonna lose money on this the idea is to see if we get to re -sell it Not enough not enough. Yeah What's the total attendance size? Sacks you just won the White House. I think you're fine I can do this anyone can do this math. Let me how big is the theater and what are we charging for the tickets? Well, it's not a theater. So there's like the tickets like 500 bucks. I do love you being the moderator and taking all the arrows. This is great
3:25Well, it's the PFA remember where they used to have the exploratorium that that building where they they built for the the world's fair or whatever So it's in there and it's all empty so we're kind of taking that we're building a stage inside we're gonna build all the Yeah, it should be fun. Okay, so Sounds great Yeah, if you could take some pictures Yeah, sex would love to say what I'm looking at. So we unless it's Mar -a -Lago Sex will not show up. I want to just congratulate. Oh, we're showing a million dollars. I won't be there. Thanks Okay, so I keep going I want to congratulate someone really special without whom Trump would likely not have been elected president So your bravery your ingenuity your creativity You led the way and you brought millions of people the direct news.
4:10They couldn't get anywhere else Jason Congrats. Like you think the all -in pod, you've inadvertently architected a system that's helped return Trump to the White House and for that, many people are praising you today. Congrats Jason. How does it feel to have finally accomplished your dream? I feel great. Yeah, absolutely. Yeah, big shout out to Jay. I did see it Tweet. If somebody gave me a lot of credit for moving the Overton window and Silicon Valley and they said that Jason was indispensable as my foil. If I do have him to dunk on for four years with my political takes, So when the near those effective, so thank you for that.
4:43Absolutely not. Yeah, my pleasure. I'm happy for you. I am abit to you. It's your, your internal MSM debating partner. Anyway, I want to represent the legacy media point of view. Absolutely. Absolutely. OK, so let's kick it off. Sachs, you were at Mar -a -Lago on election night. I thought it'd just be great if you could tell us a little bit about what the scene was like. How was it? And when did you guys kind of know that Trump had kind of the victory in the bag? was it pre the polls coming in because you had poster data early or you know tell us a little bit about the experience there and when it all kind of came together?
5:18Yeah I went over there I guess around 7 30 I want to say Eastern time Tucker invited me to come on his show Tucker was doing a live stream from the library at Mara Lago that actually never been over there before there was also a dinner going on in the ballroom which was I think primarily for Mara Lago members and you know there were some centers there members of the campaign and then there's another room set up with a bunch of TVs for basically the staff to watch the results come in. When I first got there people were kind of just watching trying to find out the early results. I would say that the the whispers were positive but people didn't fundamentally know more than the rest of us.
6:00You know everyone's kind of waiting for the results to come in. I did get a chance to take a photo with the president. Actually, Elon came in separately around the same time and we got a very memorable photograph here. When I shook the president's hand, I got to tell you, he was cool as a cucumber. He did not seem nervous. Did he feel confident like he had it in the back? Yeah, I think he was confident, but I don't think he was acting like he had it in the back or anything like that. They didn't know yet, but he was just super, super relaxed and calm and I'm taking photos with everyone who's in a good mood.
6:30We remember the moment when his hand touched yours. Take us to that. I can a little bit. And, man, give me the shake. He gives that little shake to exert a little dominance. To give you the shake. It was just a normal handshake, but my point is, like I could detect no nervousness whatsoever on his part. And look, the rest of us were like nervous. We were wondering what was gonna happen. Well, the country was nervous, yeah. And what were you guys doing? and just hanging out, having cocktails, having dinner, just everyone was meandering, chilling. What's the scene like at Mar -a -Lago? There's a dinner in the ballroom.
7:04Actually, I saw Jared there. Jared was very nice to me. He asked me, do you wanna sit down at the dinner? And I could have joined it, but then I decided to do the livestream with you guys, and I pulled in Don Jr. and we did the livestream with Don Jr. Like I said, you know. Are you officially a Mar -a -Lago member, by the way? For 500 large? Oh no. Lord, is that true? 500 ,000? Well, that's what Don Jr. told us. But look, there's a process get in. I mean, I don't live in Palm Beach. I think that's Palm Beach community as members of Mar -a -Lago. Yeah. So I think that there were, you know, it wasn't a huge group of people at Mar -a -Lago.
7:39And really, all the supporters were convened at the Convention Center in Palm Beach. There were thousands of people there. I think originally they talked about doing a election party at Mar -a -Lago, but it just got too big. So they moved it to the Convention Center. So I don't know, whatever it was that I dropped off the livestream with you guys, I then moved to the convention center, got back on with Newt. And then we were kind of waiting at the convention center. We were all feeling good, increasingly so throughout the night. I would say that when Pennsylvania finally got called, then I think everyone knew that it was in the bag at that point.
8:13And it was just a matter of time before the election got called for Trump. And then, you know, at some point they kind of hurt us downstairs into that large ballroom where Trump gave his victory speech with the rest of the campaign staff. So the final tally it looks like is going to be 312 electoral college votes for President Donald Trump versus Kamala Harris is 226. just for context in 2016, Trump won with 304 electoral votes and Biden won in 2020 with 306. So it's a pretty sweeping victory. He won all the supposed swing states this year. Fairly resoundingly there's no real super close calls or some close calls, but but pretty resounding victory.
8:59Jamoth, what happened? Wow, it's a really good question. I think that there's many layers of the answer. But I think in its most basic calculation, I think that the bottom fell out of the Democratic party. And if you look at why, there's a simple explanation and then there's the more nuanced explanation. I think the simple explanation is like they just lost the script. I think that there was so many people that just got really tired of being spoken at and labeled. Massage and racist, fascist, transphobe, whatever it was. And there was just these litany of these judgmental labels that would come out instead of engaging on the topics at hand.
9:57So I think the Democratic Party played this game of trying to use identities, genders, races as a bid to basically get people that they thought should always vote in their direction to continue to support them. And instead what happened was people just started to think for themselves and say, hold on a second. I'm just a normal person that wants to be left alone. What matters to me? And I think what Donald Trump spoke to was a desire for folks to have economic prosperity, a safe neighborhood, a predictable educational curriculum where these kids could go to school, not being doctrinated and come out the other side and just know some useful skills so that they could get a good job and do better than they did.
10:41And all these basic truths ended up on the ballot. And so it was a bunch of perception versus just a bunch of hard realities. And I think Trump state focused and ultimately made sure that people understood that that's what he was focused on. And I think the Democrats just went to this place of demagoguery and labels. And I think it was just a resounding defeat. And David, I just want you to like just to put a pin on how resounding it is. In California, in New York, which I would say are the two most prolific bastions of the leadest liberal thinking. Democrats won those states in some of the narrowest margins they've ever seen.
11:28I think in 2020 they won California by 29 points. It was barely half is what they won by this year. In New York it shrunk to a 12 point margin. So what is this telling you? It's telling you that the Democrats really need to retool and get back to first principles. It was a cataplysmic dismissal of wochism, of cancel culture, of judgmentalism. It was a ringing endorsement of a meritocracy, of just plain, simple, common sense of talking with people and two people, being able to tolerate disagreements, remaining friends, all of those things were on the ballot. And it was just an absolute resounding victory for just normalcy.
12:18That's what I think we saw. We saw a return to normalcy. Jason, do you think that that message got across more clearly in this election than ever before, as some have claimed because of the power of alternative media for reaching the audience, rather than having everything pushed through reporters in traditional or legacy media. In this case, many of the candidates, particularly on the Republican side, went direct to the audience through long -form podcasts like ours, but also Joe Rogan and Lex and many others. And did that move the needle for a lot of people in a way that won this? Or was it the policies and the difference alone?
12:57Yeah, well, clearly, being on podcasts was a major part of Trump's strategy that people are starting to report on right now. And, you know, in media, you go where the audience and I think the Democrats just didn't get that. Now stepping back, I think the number one problem here is the candidate that the Democrats put up. And probably the close number two is inflation. And the economy, as we all know, it's the economy stupid. If you were paying $2 for a cheeseburger at McDonald's and now it's $4, that's what people are gonna remember. and the inflation that occurred over this last four years was huge and people cited that over and over and over again.
13:43So there's probably three buckets you could put this conversation into. There's the candidate, Kamala Harris was a terrible candidate. She was put in at the last minute and she was anointed and she didn't go through a proper primary. I think that's probably number one in this entire thing. It was a terrible candidate. You're saying number one is the candidate. Kamala Harris. Kamala Harris. the candidate. Number two, I think, because remember, Trump was incredibly unpopular as well. And all credit Trump for winning and running an incredible campaign. I mean, just they crushed it on podcasts with JD Vance turned out to be spectacular on podcasts and really delivered the message.
14:22And then number two is obviously inflation in the economy. And then I think number three is the bucket that Shemout started with, which is the country really, really does not like being told that they're racist or sexist, etc. cancel culture. And you put those three things together. One of the things that's coming out right now is some of the ads and that we'll play an ad here. I wanted you guys to see this. I think this ad sums up exactly how bad Kamala was and we'll combine this ad with just some of the statistics that have come out of how many people have gone right. This is Charlene the God from the Breakfast Club for those who don't know in a Donald Trump ad.
15:28they them. President Trump is for you. I'm Donald J. Trump and I approve this message. And so how does Kamala come back from this with black voters, with male voters, with people who are tired of having this agenda shoved down their throat? Obviously it's going to be incredibly difficult. Plus she was in charge of the border, claimed she wasn't. Plus she was in charge of, you know, and by doing more in charge of the economy when inflation In spite, terrible candidate combined with a bad track record, combined with a flawless campaign from Trump, I think, easy victory. And, you know, if we pull up this FT chart, Nick that I sent you ahead of time.
16:08And I tweeted this, you know, Americans love winners in innovation and they hate socialism and this woke nonsense. And if you look at how Trump's support increased, look at this, Chema, every single demographic, black, Asian, Hispanic, 18 to 29, 30 to 34. Except two. Except two. Except two. 65 year old plus very moderately, very modestly went left. And white college women very modestly went left in terms of increasing support. So it was a hard shift right, including somebody. And somebody went right. So the biggest shift right was in Hispanic and Asian population. And these are people. So people, I think, who you can double click on young people, Hispanic and Asians, Asians believe in meritocracy, I think, is what most people have read into that dramatic swing.
17:01And Hispanics are anti, or more traditional family values. And that's probably what pushed that so far away. But I want to just get your take on that chart, Shema, in relation to your handicapping of the election. And then how much Kamala and how much the inflation played into it. I think that there are three ways to kind of identify and tell me if you guys think these are the wrong vectors. There's either the policies, the candidate, and the methods of the campaign. All of it. All three. Right. That's how I kind of break down what happened in the selection cycle. There's a big difference between the candidates as people.
17:40Some people cannot see past the fact that Kamala did not get any primary vote. Some people cannot see past. the behavior of Donald Trump on Twitter and when he talks to people and how he has talked to people and perceived to be a bully and the felony conviction and some people cannot get past other factors of those two candidates and then some people can get past it. I've been saying this since I'm doing the face, but I'll try it again. I think that the mainstream media has been working hand in hand with the Democratic Party to propagate and move forward an agenda that tried to vilify Donald from.
18:18I did not know that when I initially encountered him in 2015 as a candidate. But what you're supposed to do as an adult is once you start to see a pattern of behavior, you know, this is for the safety security of your family. This is about how you think about economically taking care of your family. Like you have to reunderwrite decisions from first principles. You must be prepared to change your mind when you see important information. And I have said this till I've boomed the face, but I'll say it again. If I think of all of the people in the political infrastructure of America that I have met and spent time with, from Bill Clinton on, I remember sitting and having dinner with Barack Obama the day of Brexit and getting a note that he read and he said, oh my gosh, and says, wow, the UK just pulled out.
19:13I was sitting across from him that dinner. I've been with all of these people. The Democrats only come to me to ask me for money. The only politician that has ever called me just to have a conversation just to say thank you and be kind, the only one has been Donald Trump. Isn't that incredible? Of all of the people, every other person has only ever called and asked me for money. So what does that mean? I think what it means is that there has been a concerted effort to perturb the way that you interpret who he is. Separately, there's been a concerted effort to prop up whoever ever is sitting against him in opposition.
20:06And I think this is an opportunity to finally acknowledge that if you trust these traditional legacy sources of helping you to get to a decision, you're gonna get tricked. There's that old saying, you know, fool me once, shame on you, but fool me twice, shame on me because I am now allowing this to happen. And I think that for a lot of Americans, that is what happened. I think it is really as simple as that. I think they were able to see through the veneer of an attempt to malign and corner somebody and on the other side an attempt to basically play on vibes and feelings and emotions. And I don't think that America wants that.
20:53That is not what they want in running the country. They want somebody serious running the country where you can have disagreements with them, and you can still find an opportunity to work together with those people. I think it's that. Sex, do you think about how important the policy versus the individual versus the way they ran the campaign, the media, and how they reached people as kind of three vectors? And if so, how would you kind of rank those three and importance and what changed people's votes and got them to vote differently when they did the last election? Yeah, I think it's a pretty good framework.
21:29I mean you have the message you have the messenger And I guess you have the the campaign at a tactical level. I think it's a little bit unfair to blame this entire defeat on Kamala Harris being a bad messenger or candidate. It's true. She's not the greatest candidate. She has a lot of Problems however, I don't think she was dealt particularly strong hand the fact the matter is that that we did have rampant inflation in this country that really hurt people in their pocketbooks every time they went to the grocery store. And that resulted from the trillions of spending that was agreed to by virtually the entire Democratic Party.
22:07Remember, they, not only did they pass trillions and spending, they wanted four and a half trillion more for build back better. And the only reason that didn't happen is because Manchin and Cinema voted against it. And you mentioned how much more and how much more inflation would have been. Manchor was driven into retirement and cinema was basically kicked out of the party. She effectively told us that at the all in summit. So this defeat is on the entire Democratic Party. The Democratic Party was in support of Joe Biden and Kamala Harris's agenda. They were in support of the de facto open -border policies.
22:38They were in support of the soft on crime, Soros, DA, decarceral policies. You can see that even in California, which is a deep blue state, there's a huge backlash huge this sort of insane soft on crime agenda the Democrats have 70 % of California voted for Prop 36, which basically reverse the excesses of Prop 47, which a decade ago basically made shoplifting legal in California. You know who opposed Prop 36 despite its massive popularity? Gavin Newsom. Kamal Harris wouldn't say whether she supported or not. So what you see is that even in blue states, the Democratic Party elites are completely out of touch with what people want.
23:22And then finally, you've got foreign policy where I think that the Democratic agenda, basically wanting to engage in a proxy war with Vladimir Putin because he's the incarnation of all evil that I think is blown up in the collective West face. That has been a disaster that was supported by the entire Democratic Party. So on issue after issue that I think mattered in this election you cannot just put the blame on Kamala Harris It's got to be on the Democratic Party as a whole and just to echo what Jamal said about the cultural stuff They've talked down to us. They've lectured us. They've insulted us.
23:57They've censored us. They've gaslit us They've tried to cancel us. They tried to cancel us. They tried to punish dissent with law fair They turned Elon into an enemy, which was the single worst own goal in history. Remember this wasn't just And Joe Rogan don't forget Joe Rogan, but it wasn't as well. Bernie supported Joe Rogan, but with Elon It wasn't just disinviting him or never inviting him to the EV summit. It goes all the way back to Lorraine against all Is this tweet telling him to f off and leave the state of California. So look the Democratic Party as a whole has to own this and And they're not going to start winning elections again until they have an improvement in their agenda, not just their messenger.
24:38So Saks, is this the nature of democracy that over time, when you have a two party system and one party veers too far to the left or one party veers too far to the right, people jump ship to the other party and ultimately they pull the policies of the party that they left back to the middle. And that's the way democracy is supposed to work and has worked historically. So is this the way it's supposed to go and do we project that four years from now, the Democrats will need to be and need to adjust to the center and we'll see less of this extremism because of the way the voting turned out this cycle.
25:15Well, I think that's a very interesting question is whether the Democrats have the necessary introspection to learn from this loss. I would say that one of them does. If you look at Madaglaceous, who someone I've spard with on Twitter acts who is the Democrat partisan, he basically tweeted a list of principles that he thought the Democrat party need to adopt. I read it and retweet it. I said, lashing my ass off. This is a list of Republican principles. It was all about opposing woke and being in favor of merit and innovation. Tolerance, tolerance, hate, hate, hate, hate. I'm like, great. Look, you know what, if the Democratic Party wants to adopt these principles, that's a wonderful thing for the country.
25:50I hope that they do it. Okay. But will they do it? I have my doubts you look at this tweet by Ari Fleischer where he talks about who the Democratic party now is Yeah, I think that this is a really important tweet because it sort of tells you Saks who's gonna be left in the room Exactly if these are the only people left in the room the last thing they're gonna do is admit defeat Right exactly so what you see is that the Democratic party base is these a very affluent very overeducated very non -religious types And frankly, I wonder whether they're too out of touch to know they're out of touch. They're certainly very whiny and entitled.
26:29And I just don't think they're going to seed control of the party without a fight. And frankly, they disappeared so far up their own woke asses that I don't think they can find an electoral majority if they try. So if these people stay in control of the party, and these are the people who you're seeing having a mental breakdown on TikTok, They're posting all the videos. They're insulting the electorate and let's face it. It's not just on TikTok. It's on the legacy media. It's on MSDNC. It's basically the legacy media who are trying to diagnose a psychosis in the American electorate to explain why they were so wrong.
Read the full transcript
27:07If those people stay in control, I think that the Republicans could have an electoral majority as far as the I can see. I completely agree with you and I'll go even further, which is I think that the Democrats will lose one of California or New York in the next eight years. If they don't have, right? So that's the key question. There's an attack. If you think that the intelligence, yeah, quote unquote, the Bill Gates read Hoffman's of the world that funds Dustin Moskovitz that funds the Democratic apparatus at the highest level. If they can't change, what are the odds that the state infrastructure or the local infrastructure changes?
27:48I think maybe, and the margins, the local infrastructure can change more quickly and adeptly because it just costs a lot less money and it's much more concentrated. But I think the states are very laggard in that sense. And I think that they take the table scraps of what's left over. So if you have the Democrats lead, there is no chance. But unless they change the planks of their platform that the state legislatures in New York and California are going to change what they believe. Nick pull up the link I just sent. So let me just underscore an important aspect for you guys on this, which is the amount that the Democrats spent in this campaign.
28:23And obviously they saw a significant negative return. They lost across the board Senate majority, House majority, governorships, the White House, but they spent more. Here you can see the difference between the Harris campaign and the Trump campaign spending Harris campaign spent nearly $900 million, the Trump campaign, $350 million. If you look at the super PACs, the super PACs spent $1 .4 billion on the dem side, roughly $400 million, $450 million on the Republican side. And if you scroll down in some of these key Senate races, the Dems are outspent the Republicans and still lost the Ohio Senate race, shared Brown $58 million of spending.
29:03Bernie Moreno, $21 million and Bernie Moreno had a resounding victory. John Tefter, 84 million of spending, Tim Shihi, 22 million, Tim Shihi won the election. So across the board, the spending was greater. The return was negative. Because money cannot overcome common sense. So my question again is, does this not necessitate attack to the center for the Democrats? They want to see the party survive. And if they're going to continue to lose like this, they will not continue to maintain the same policy agenda that got them into this position in the first place. Jake, how do you think that the Democratic Party will need to attack the center?
29:40And that they're going to start to adjust because of this? They started that process. They knew that going into the selection and they started moving to the center. It was laughable in some cases because you have Kamala talking about providing sex changes for prisoners and all of those receipts came out. So even as she started to try to get to the center, people didn't buy it. So of course they're going to. But what's very interesting about spend there and the genius of Trump is earned media. What's earned media? When you are trying to get hits in media, you will put them into two buckets, paid and earned.
30:15What you just showed was paid. Paid is considered what you do if you can't earn media. All in podcast is an example of earned media. We do this every week. We earned our audience. We didn't pay anybody for this audience. And I think that was, you know, what Trump did. And Jay, yeah, importantly, someone that comes on the show earns that. So that's the piece of this that I think is so important. You don't have to pay to go on Joe Rogan. But the candidate, that's a Democrats put out there was so bad that she could not even and I think Saks is, you know, master at setting people up here. The Democrats put up a horrible, horrible candidate.
30:58And I know Saks is saying, oh, it's not common as fault. Kabula could not go on Joe Rogan because they knew that it would be so embarrassing and that she would get so embarrassed that it would lose her votes. His doom loop, you know, observation from, I don't know, eight weeks ago you had that Saks was exactly correct. The more she spoke, the more she started going down. She was leading Trump at one point on polymarket in some of these places. And she absolutely proved that she could not communicate well. And so, and I just want to just circle back to the point about inflation. Here's the McDonald price increases that I was mentioning before.
31:38End of 2019, by a McChicken for a buck 29. And in mid 2024, it was $3 .89. in a sense, the majority of Americans wind up going to Taco Bell McDonald's every week. Some cases, multiple times a week, you cannot discount exactly how profound this cost of eating food and buying groceries had on this election. It is the number one issue, I think, this election. We can talk in our bubble about it, but this is what I mean. This is what I mean by a return to normalcy. These are normal people problems. How much does it cost to put food on the table? Exactly. How much does it cost to drive from point A to point B?
32:20I want to send my kid to a school where they go and they learn the ABCs and the one, two, threes because they're going to have 100 % and compete with India and China. I don't want to worry about indoctrination and all this other stuff. Yeah. So look, I did predict the doom loop for Conval Harris two months ago because she is just not good at interviews or being off the cuff or being unscripted. Not good as generous. Yes. Sackster Thomas was right about that. Absolutely. However, and I would say the biggest problem in her campaign is that she would neither defend the Biden -Harris record nor say what she would do differently.
32:55The question you have to ask is, why? And I think it's because she was in a really tough position that her own party put her in, which is they said, you can't criticize Joe Biden because he's the sitting president, But at the same time, you can't defend him either because he's so unpopular. Well, what made him unpopular? Democratic Party policies. They should have frankly looking back. They should have just let Joe Biden defend his own record. The old man must have been in the White House, gnashing his teeth, saying, please, put me in the game. Let me defend my own record. He at least believed in it.
33:32The Democrats wouldn't defend their own record because it was so bad. You have to put some blame for that not just on Kambla, but on the entire party. That's my Well, it sucks. It's so obvious that that technique they use to defeat Trump in 2020 after those chaotic four years was Hey, do you want normalcy and then? technique is at 15 million votes What what's that? I didn't hear the the joke. I said what what tactic was that 15 million extra votes? Oh, you're Please don't throw at the conspiracy theories. Well, no, explain. It's way more really gonna explain that this has to be a conspiracy theory now.
34:09Well, I mean, who's the chart from? Who's the chart from? Who's the chart from? What's the problem with the chart? Just so you know, the Y -axis starts at 50 million. So don't be, you know, like a little too crazy. Like they've nailed out all the, they've nailed out all the, let me just finish my point. Then you guys can go to conspiracy corner and say the election was stolen. The point I'm making here is obviously, Biden ran a very successful campaign against Trump based on vibes and based on his creating chaos in the country And most people's mind in this return to normalcy so that did work for them previously It just didn't work this time because they had to defend their record on the border They needed to defend their record on the economy and taxes exactly right.
34:49They didn't touch that And how do you not talk about their own record. And their record had some good bright spots to it. Record low employment, record high stock market, and we tamed inflation. And they could have had a really great discussion about inflation and just said, hey, listen, both of the last two terms, there was a lot of spending and so inflation manifested during the last four years. And hey, we tamed it. So here we are. We still have record low unemployment. We still have a record high stock market. And we tamed inflation, things are going to get better. But she couldn't even communicate that.
35:24I can communicate that better than the presidential candidate. Come on. She could have easily done that. Let me just go back to your point about the money. It is true that the Democrats had roughly three times as much money as the Republicans did. The Democrats had something like a billion dollars for this campaign. The Republicans had for the presidential campaign. For the presidential campaign, exactly. The Republicans obviously still won in a landslide. Sorry, that excludes the super PACs which had additional funding that we're going towards supporting the nominee. Fair enough. My point is just the number of pass had a massive advantage on the money side.
35:56They also, I think, had a massive advantage on what you would call the legacy media side. I mean, I don't know how you put a value, a dollar value on what the legacy media has done, not just in this election cycle, but for the last eight or nine years, they have basically called Donald Trump a Nazi, a fascist, a traitor. To their work? Or did it pull up in their faces? I'm not sure. They called him an agent of Putin. They called him an insurrectionist. They called him a convicted felon. They called him a dictator. They've been yelling that at the top of their lungs now for at least four years.
36:34The country didn't believe it. I would say that the legacy media's spell is broken. Their credibility has been destroyed. And I think that the repudiation of the legacy media is one of the most important. important results of this election. It just shows that the Democrats had, I don't know how you valued a trillion dollar propaganda machine on their side and Trump was still able to win. And you have to, at the end of the day, say that that's a result not just of alternative media, gaining steam and free speech on X. I think those were absolutely necessary enablers. It's also the fact that Trump has a trillion dollar personality and is a tremendously gifted a communicator and politician in his own unique way.
37:16But then, but finally, you have to say that the issues are on Trump's side. Americans want the border to be sealed. They see that the spending and the bureaucracy in Washington are out of control. They do not want woke cancel culture anymore. They see America getting over -involved and foreign wars. They want the spending to be brought back home where it benefits them. these are the key points of the Trump agenda. And at the end of the day, whatever you wanna say about Trump, he ran a campaign based on issues. He talked about issues. What did Kamala Harris run her campaign on? Vibes, celebrity endorsements, name coloring.
37:57Work's last time. De -bunked hoaxes. I just wanna go around the horn real quick and ask each of you guys once again, I'm gonna ask you one more question after this. What mattered most? Was it the policy sacks as you're proclaiming is what a lot of people voted on? Was it the issues with the candidate the individual or was it the media or the campaign tactics of those three? What mattered most you think in terms of moving votes? What move the most? Listen, I don't think you can separate the man from the message or the messenger from the message. Okay, listen if you had a conventional Republican out there, I don't think that they could have overcome the trillion dollar propaganda machine two go ahead and hand of the legacy media that being said i think if dial trump had been campaigning with mit romney's message or miche mcconald's message i don't think he would have gone anywhere i don't even think he would have been the republican nominee you have to say that trump since 2016 has tapped into something very deep in the american electorate and you know this is something we can get into but i think that if you look back now over the last ten years it's clear that he's the transformational figure in American politics.
39:03It's not Barack Obama with all dearest. Take out your turn. The policies, yeah, the individual or the campaign tactics. It's very clearly this had to do, you know, primarily with Kamala. It is the candidate. You're going to get selected. Yeah, I mean, obviously, if you had, it's interesting for you to say that as a demo, right? Because I think that may have changed a lot of people. I'm a moderate. I'm not a moderate. I voted Republican one -third of the time. Maybe you don't a little bit more recently. But two -thirds you voted them, so you were open to that and I'm a less leading moderate. I mean, I've been very clear about that.
39:37My record's been very clear about that. It is clear that it was hard because I will say if you had put up freeberg, and I think it's great that you're forcing us to pick one of the three. And it's a hard thing to do. But if you had picked Dean Phillips and Shapiro, I think they would have been Trump very easily. Or because remember, Trump was phenomenally unpopular. And I think the big question that's going to come out of this is how How did Elon do getting young men and how did Joe Rogan and podcasts like ours do at getting young men to come out of vote? That's something we haven't talked about yet.
40:08And I feel like that could be the one thing that comes out of this election over the coming years that we look at that'll be the sustainable change is that young men are now voting and they want to vote for something very different than white women or old people. And, Jim, what is your read on what mattered most? Do you have one of those three? How would you wait? He had to write them. I think the policies of the Democratic Party are fundamentally broken. They've become the exact opposite of where they were even 20 years ago. So the Democrats used to be the protector of free speech. Now they are pro -censorship.
40:50The Republicans are free speech. The Democrats used to be all about anti -war. Now they are more likely to get mangled into all of these foreign misadventures in partnership with the military and industrial complex, whereas the Republicans have been a bullworked to work. And they embraced the Cheney's ultimate proof of that. Oh my gosh. I mean, that was the scariest and oddest turn of events. So I think that what happened is the policies, they just lost their way. Now, the question is, was it purposeful or was it by accident? And I think that belies the bigger question, which is just the people in charge of the democratic party, I think to Sachsis Point, do they even have a sense of that they have to change?
41:34Or are they just so now fundamentally out of touch? And they just believe what they believe so ferociously. They're going to have to go through maybe three or four or five more elections of just getting totally trounced in order to learn the lesson. Okay, I'll, I'll wear my McLaughlin hat and say, Chimoff, right answer. Now, my next, my next question back to you, Chimoff is I've had a lot of conversations in the last few days with good friends, with people in close with family and so on. Hold on, freeberg, what do you think before you ask the next question? I think policy matter, but here's the stumbling block.
42:10If you talk to anyone that did not vote for Trump and voted for Kamala Harris, that is, you know, kind of, reasonable people or what, you know, I don't want to kind of classify people, but people that you would normally have decent long form conversations with. And you start talking about specific policy issues with them. The conversation keeps coming back to Trump the person. In my experience, people can't see past a person who has a quote convicted felon as they claim, who is taking away women's rights, who is a bully, who is mean, a lot of this is influenced by his past behavior and things he said and the way he's said things and done things on Twitter.
42:50We can proclaim that there was a lot of misrepresentation about Trump in the legacy media, but there were a lot of tweets that Trump put out that were off -putting to a lot of people. So I want you to speak to the many individuals out there who are good people who feel disenfranchised, who are not like the funny people you can make fun of on lips of TikTok or what have you. But just every day normal people that said, I really don't trust the guy. I really don't believe that this is a good person. And I think that the policies make more sense. I agree with a lot of the policy issues, but frankly, the guy doesn't seem like the right guy for me.
43:25How do you kind of break through? Is that possible? And can you speak to that person to help them kind of see pass the individual to the policies and have trust in faith that this individual can actually shepherd this nation forward? There are so many very powerful examples of how the media colluded with the Democratic Party to fundamentally lie about things that actually happen when it relates to Donald Trump. One of the most simple and powerful was the lie about Charlottesville. When I processed Charlottesville, I'm probably one of those people, David, that you talk about. I was just so scared and angry and I took at face value what the media said that Donald Trump said.
44:23And then I was really angry at Donald Trump until I saw the footage and saw that it was just in complete lie. And that is just an incredible shirking of responsibility that the media has undertaken. The deviousness, the dishonesty, it's really bad. And that's where I said, I have to stop as a grown up rational man as the head of my family. I need to reunderwrite where I'm coming from.
45:02Well, I can feel her. I can feel her. Keep that line in Nick. I am the head of my family. Okay. Anyways, guys, sorry. Let's get back. Let's get back. Let's go back. Go back. Go back. But the thing is like I started to re -underwrite and I do that every day in my day job. I'm running a company is 80, 90 going well or not well. It depends on the conditions on the ground. When things are going well, I need to do more of those things. When things are not going well, I need to re -underwrite. Is it something that I'm in control of? Is it something that I've missed? How do I change it? How do I get my team to be better?
45:48I live it every day in investing. It's the same thing. You know, there was periods where I was on top of the world and everything was working. Then there were waves where things were not working, but I still had to show up and do my job well. As it's turning out, in those darkest hours was when I probably have made some of my absolute best new investments. That would not have happened if I did not keep my feet on the ground and constantly reunderwrite and try to challenge my biases. There are so many examples that have happened to Trump that when you actually unpack them, there was a concerted effort to lie.
46:26And that is why it's important for folks to be able to suspend that judgment. The second thing I would say is, then you saw four years of the man in office, and if you actually separate, the interpretation by the media who frankly just hate him. With what he actually did, you take a step back and you're like, man, these accomplishments were incredible. For example, let's look at what happened with the Abraham Accords. We have never been closer to substantial and sustained peace in the Middle East. In any era of government under any president, then we were when Jared Kushner on behalf of Donald Trump negotiated those agreements and look how far we have slipped since then.
47:17And all of that happened as a result of the incoming government wanting to undo what was so logically right in the first place. And part of that was to feed a media cycle. So again, I just go back to David, all of these normal people and I know a lot of them as well. speak to them. Yeah, like, I mean, I think what, yeah, you guys need to just take a step back and take a beat and just think about something for a second. How do so many normal high functioning, well -intended people switch sides? How did that happen? Now, Jake, let me ask you, the flip side of the coin, you have expressed publicly, recently, even on a podcast yesterday, with SACs in vigorous debate on the show many times, reservations about Trump and the character of Trump.
48:08Yeah. How do you feel? You obviously align with the policies that he's highlighted and indicated. You've said so. Yeah. Do you see past the person or do you still have a strong degree of reservation about the individual? And do you see that playing out in your cohort, friends, family, what have you? That there's a strong reservation because of the character. Yeah. It's a great question. You know, I think the thing we have to do now has come together as a country. He's the president. It's great that it was not a debatable election and we're not going to have riots at the Capitol and people beating up police officers.
48:42And now it's time to actually look at what Trump said. And then we will grade him on what he actually gets done. And you know, if he is able to hang out with the cohort of Elon and Shemaah and Saks and JD Vance, I feel a lot better about it. Now, there's a lot of people speculating he will turn on Shamaath, he will turn on Saqq, he will turn on Elon, and that relationship will end in the next year or two. That's what I'm looking at. Will Trump actually do the things he says he's gonna do? And what did he say he was gonna do? Well, he's not gonna have a national abortion then. He's not gonna have kick people out who get college degrees here.
49:24Remember, he said on this show, he's gonna staple the green guard to it. And but then there's other than he said he's going to end the Ukraine, the war in Ukraine on day one. So let's make a list of all the things he promised and like anybody else, let's judge him based on what he gets done. Now some of the things he promised, like the mass deportation of 15 million people, I think a lot of people even on this podcast probably don't agree with. I don't think anybody here wants to see 15 million people who came here to have a better alive and who are working hard and who are productive members of our society literally get dragged out of here.
50:00The 500 ,000 that are criminals or a million, sure, nobody wants to see them get a free pass here. But, you know, there's going to be some of the items on his agenda that are going to be very uncomfortable to see executed and some of them would be amazing in miracles. If he comes in and all of a sudden, Ukraine war is settled, fantastic. it. If he starts dragging a million people every, you know, two or three months out of the country, that could be absolutely disastrous and incredibly hard to watch happen in America. So we got a judge who based on his actions. That's great. Let's give him the support he needs.
50:37And I really hope, you know, the thing that gives me hope is the fact that Saks, Shamoff, Yilan and JD Vance are by his side. So I'm going to move on to the rest of the election, and the other races. So the presidency we've talked about, let's talk about the House and the Senate sats. In the House, there's 37 races that have yet to be called, but it looks like the Republicans need about 12 more to be called to have a majority. It seems very likely, I mean, according to Polymarket, it's 99 % that the Republicans will have the majority in the House. The Republicans have control of the Senate and Trump is in the White House.
51:14us, what are the top policy items that the Republicans will pursue with this degree of legislative and executive control? What's number one, two, three on the list? What's top priority? And how are they kind of getting together to figure out what and how to execute those items in the weeks and months after January 20th? Well, so first of all, I think the Senate majority matters a lot in terms of Trump getting the appointment study once because if he was just at 51, let's call it, it would be quite hard Susan Collins and Lisa Murkowski tend to be very, very moderate Republicans and would oppose I think a lot of conservative appointments.
52:00Trump's already at 53 senators and there's two more that are still up for grabs and we ain't counted so you might get to 54 in the next week or so. It just means he's going to have a freer range on appointments. I think that'd be really good for Bobby Kennedy. I think it might be harder to get. Bobby Kennedy confirmed for a major cabinet post with 51, with 53, 54. I think we get there. I think that's a really great thing for the country. There's other appointments in a similar vein that I think will be easier for Trump to get through. In terms of the rest of the agenda, I mean, Trump clearly does want to end the war in Ukraine.
52:36Is he going to be able to do it on day one? No. I mean, I don't think that's realistic stick because, frankly, the Ukrainians are not willing to make the concessions yet. They're not in a place where they're willing to make a deal. I still think that what Trump was saying during the campaign, if you look at it as expression of his motivations and where his sentiments are coming from, they were good sentiments. But if he can't solve it on day one, because Ukrainians don't want to make a deal, I can't really fault him for that. But I think he'll try. I think that on Doge, there's clearly a strong desire of many in the Republican Party and Elon and the people that Elon brought with him for major government reform.
53:15Much more efficiency, much less spending. I think that we have to get as much of that past as possible in the first, certainly in the first year. There's a necessity for legislative action to get all the cuts in a federal spending that they're looking to cut. Is that right, SAC? So if Elon's objective is country -cully -indulterated. There might be some things you can just do through executive orders, and they should do as much as they can. But I think you do need some congressional action as well. This is an area where it's going to be really hard because spending is a bipartisan problem and it's going to be really hard to jam through the type of deep Reform that we really should have at the federal level, but I think that now there's a shot because Trump does have Majorities in the House and Senate that he can at least get something through So at least we have a shot of getting something done there.
54:04Are we going to get two trillion in cuts like Elon wants? I would love that I doubt you're going to be able to pass that to Congress, but do you start with that number and then work your way down to a number that you can get. Parties to support maybe that's possible hopefully I would have started I would have started with three that. But that's just my that's just my tax I could whatever but I think reforming the bureaucracy is just such a huge theme coming out of this election. And we just have to figure out how to get that done and we have the mandate that's Trump's mandate. And the federal government is such a large sprawling.
54:39It is the largest organization on earth, except for maybe the CCP. And in that sense, you really have to have leverage in leadership to be able to realize that degree of action at that scale. So the cabinet positions matter a lot to realize that agenda. Is that fair to say, Chimoff? And maybe we can talk a little bit about who are the folks in the orbit of Donald Trump and the transition team that are being considered for different cabinet posts. And as an advisor or as a, let's call you a theoretical advisor to the transition team, what are the kind of key posts that matter to you? How would you kind of advise them who to look for?
55:20That could really realize the outcome that the mandate is dictating. Well, I have no influence on this process. So I'm just totally spitballing. But people who I think are, who I think are excellent. I'm going to put Bobby Kennedy right at the top of the list. I think that Bobby has an opportunity to allow the transparency of information that will allow folks to keep doing what we've done or to change course in a way that right now I think is a little bit more difficult than it needs to be. I think Vivek Ramaswamy is indefatigable. I think he He's a, you know, if you remember back to the Republican primaries, there's only one person that did not attack Donald Trump and it was Vivek.
56:10I think he believed in what Donald Trump was doing and was willing to sort of embrace and extend this idea. So I think he'd be a really good proxy. I don't know what role that looks like, but I just think that he would be. It'd be amazing. There's some rumors that he's going to run for governor of Ohio, but he would be amazing in the federal government. Tulsi Gabbard. Tulsi Gabbard in there. Yeah, yeah, I just just to go through the list. I think Tulsi Gabbard is so awesome. For what? What would you put her in? You know, I think the rumor is is veteran affairs. Yeah, that's a fair. But you know, hopefully it's at least that.
56:44Yeah, that's a cabinet position, right? Yeah, there's another race that's going on that's really below the surface, but it's extremely important and that is the new set of majority leader. A mid -term leader. Yeah, Mitch McConnell says he's stepping aside. There's two major candidates. versus Mike Lee. Yeah, well, it's it's John Thruin versus Corning from Texas and Mike Lee has been sort of agitating. It's not clear that Mike Lee will throw his hat in the ring. If he did, I would be all in favor of it. If Mike Lee who is from Utah doesn't, we should really go with whoever he recommends. I really trust that Mike Lee will represent the Maga Agenda, whereas, probably frankly, the other candidates will be a continuation of Mitch.
57:25And And this is Trump's moment to weigh in on that. He's basking in the globe right now. He is in the winter circle. He can get anything through the Republican caucus. And I think that he could weigh in right now in the Senate majority race and make sure the right person gets it. If you get a continuation of Mitch McConnell, you will not get real reform through the Senate. Look at what happened during Trump won. Mitch McConnell was one of Trump's biggest opponents. So there would be alternatives, but I think Trump would have to step in and act. There's some talk about Rick Scott from Florida being a candidate.
58:00I think you'd be very good if he's still on the race or just go right over the top and go with him, Mike Lee. This is your moment to basically put in a loyalist. And then the big cabinet positions that are left, I think defense. Probably somebody like Rick Grinnell who's already worked for Trump and was the DNI right at the end, I think. and then in treasury, it's, you know, I think people say it's between Scott Besent and John Paulson. I'm not so sure, I don't know. If I'd governor, I think it's like probably Haskell, but then, you know, I saw like happen. You saw Jerome Powell this morning said he would not step aside if asked to resign by Donald Trump.
58:40No, he's got two more years. So he's got until 26. He's got until mid 26. So, you know, I mean, the room, I don't want to say too much, but I think this is pretty much out there. I think we're now on state not defense. I think that such a thing is going to get it. I don't know. But that's been out there for a long time. I think that what a lot of people in, let's call it the Maga movement, the America first movement are going to be looking at very closely is do new cons worm their way into this administration. Look at what happened during Trump won. He ran in opposition to forever wars. I think it was a major part of his appeal.
59:15It's what allowed him to shatter the Bush dynasty. It's what I think really hurt Kamala in terms of having the Chinese embrace her. So it's a major part of his, I'd say, not just appeal, but also his legacy that he will not continue forever wars. But the problem is that the blob keeps infiltrating a Trump administration, or they did, they infiltrated Trump one by putting in John Bolton and Esper and all these guys who frankly betrayed Trump. Totally. So I think a lot of people are looking closely at will Neocons be able to worm their way into this administration and if they do it's a very It would be very very sad I think the difference this time around which is so incredible is that you're now seeing on X People asking all the Neocons to be named and chained and they're creating these lists so that they can't worm their way in It's the most incredible thing I've ever seen where have you espoused those views in the past?
1:00:10If so, the likelihood that somebody will raise an alarm bell now so that you can't get near this administration, I've never seen anything like that before, actually. Yeah, and you know what, here's the great danger is, you look at the last few months, okay, who was there for Trump? It was people like Elon, it was basically, you know, all of us who worked and looked, I'm a very minor, minor figure, but I did my little part, And there were a lot of other people on the ground doing their thing. But where is Elon today? You don't have to fly home for a Tesla board meeting. He's got real companies to run.
1:00:43And who all of a sudden shows up in Mar -a -Lago? The Swann creatures. They were nowhere to be found for the last three months. Now the Swann creatures come crawling out. And they're going to be swarming Mar -a -Lago and trying to worm their way into the administration. And that's the issue. We've got to keep... You know, this is where I hope that all the the MAGA influencers users stay frosty and stay involved. We have to consolidate this victory and get reformed type people in the administration, not just the usual type people from Washington. Would you serve it fast? No, I've already said before I'm the key man at Kraft, I can't do that.
1:01:21But, you know, look, I would do something part -time, meaning if it wasn't a full -time job, if I didn't have to leave my current job, if it was just serving on some advisory committee or something that was compatible with my current job, I would do that. That's a no -go -inter. I would love to. Absolutely. It's not full -time because I'm running a company, but if there was the opportunity to help basically... Just put me on the doge. You need to be like, if you wouldn't mind, I just want to go like, line -in and buy line -in and one afternoon and I'm out of there. I'm just going to go and come.
1:01:49Elon did say this today, but he said, the 18 are running companies. We're all running companies. But if asked to serve, especially in a part -time capacity where you don't have to divest everything you own and you can actually just go and call bullshit and actually just make sure good decisions get made it would be an honor to serve in that capacity. Yeah, I think everybody should have given a chance. I want to say one thing just to build on taxi. Yeah, and then I want to ask you one more question, Tomah, go ahead. I do want to give a shout out to you on and in one very specific way. You know, you've heard all these stories where he gets obsessed about something and then he focuses on it at the sake of everything else and strips it down and gets to first principles, rebuilds it back up and it works.
1:02:38And as far as I can tell, basically when he decided that this election was going to come down to Pennsylvania on one hand and young men on the other. He just kept doing that one thing over and over and over again. Every time you churned on X, he was doing a rally. Crazy. He was speaking to the residents of Pennsylvania and like two weeks ago, young disaffected voters and getting them out. And then his pack built an infrastructure that rivaled the democratic infrastructure in terms of get out the vote and transition with a lot less money and only in a month or two. Is this incredible? Well, and then the sweepstakes was also really incredible.
1:03:32It's really, really incredible. There was a lot of controversy around the sweepstakes idea. I don't know why that was so controversial because if you think about it, that was the media trying to make an issue that was nothing burger a burger. Yeah. And so they, you know, I think it was dismissed on its face because if any person spent eight seconds understanding the law, the judge dismissed it within an hour. So, you know, if we look at that million dollar sweepstakes to sign up for his pack, if you think about how people normally get people to sign up, they're paying a dollar or click, probably $50 or so click, whatever it is, using giving money to ABC or giving money to Facebook.
1:04:09I need to say, I'll just do a sweepstakes, sign up for this, and then I have you in the database, and then I can market it to you. There's no difference between giving away a million dollar sweepstakes or buying a bunch of ads and paying by click. And for everybody to frame that as he's buying votes, when it was so clear, he wasn't. I think that's the kind of medium manipulation people are getting savvy to and does not work anymore. It was very clear. It was just a sweepstakes to sign up for his pack. It's no different the legal ten dollars a collect to face when the legal infrastructure of america dismisses a case on its face within sixty minutes of it being heard yes means it is a farce yeah i mean look i think what you want to show is that a smart person can come in who who basically like you said can go into demon mode with has a startup or innovation mentality is willing to spend money but wants to do it smartly but is really hardcore or can come in and beat the supposed professionals that own game.
1:05:05I think one of the big stories that's gonna come out, there's already some tea being spilled within Democratic circles about Gen O'Malley Dillon who was the campaign manager that Kamala Harris inherited from Biden. She had a billion dollars to spend. A billion dollars. The campaign still ended $20 million in debt. In debt. And this at least has been reported. Where did the money go? So well, I'll tell you, the money went to expensive consultants. They did overly elaborate staged events. They did these like fake concerts celebrity cameos supposedly they paid Beyoncé $10 million and they didn't even get a song out of it and that ended up you know Pissing people off they were paying They were paying to get out of this through I just read it in a tweet So I can't say for sure, but that's what I read yeah, I said who knows it sounds it sounds suspect But the point is they spent a lot of money on the consultants and you know the events in Elon went after the omnisch you know That's like a lot smarter.
1:06:02The person on the Democratic side where I feel the most disappointment after all of this is Barack Obama. I think he in the period when he was elected to me was just transcended. And I thought that this is a person that really was immune to getting assimilated into the board. And I don't know why I thought that but I did think that. And I was just so saddened to see the tone and the rhetoric from Barack Obama during this last home stretch. It, I think, was reputationally very damaging to him. And I think that offended you. It was less about it. It didn't offend me. It was just observing. Or disappointing.
1:06:49When the rhetoric was trying to propagate these lies, the very fine people hoax all of these things, I just thought he's so much smarter than the abortion man the abortion about he knows that these things are not true Why is he saying? Objective lies. I don't really judge Politicians for doing it in general, but I never considered him a politician. I sort of considered him here just like this edge shalana bug And I and I was I was really disappointed that he chose to go down that path Yeah, well, I could definitely add to that. I mean look I think Obama's whole mystique was that he transcended politics and he tried to maintain that position of being above the fray and Let the grubby business of politics be beneath him and even during the whole coup against Biden I mean they say that Obama signed off he was basically in favor of the the switcheroo to Harris But he was the last person to endorse it right he did not want to be seen as doing the dirty work That was left to Nancy Pelosi, but there's no question that the switcheroo I think was was backed by obama and then he did everything he could to prop him here is including using the very fine people hoax telling these lies and i i agree to moth i think that he has diminished himself he's brought himself now down to the level of the whole day of a average politician right i think probably your disappointing because you had such a high bench mark for him but we were just talking about trump saying he would and the war on day one he said that he's going to deport fifteen million people and you know all these politicians lie.
1:08:23So I think my closing statement on all of this is y 'all were a key part in putting Trump in obviously and if he starts behaving in the way he behaved during his first term, the darker things he did, I hope that y 'all will call him on it and publicly call him on it and that he will steer towards you know his better angels and that's my I hope for America and I hope for all of you who helped put him in office and played a very significant role in getting him here. When he does something crazy, if he does try to drag 15 million people out of the country, is that okay with you, Sex? Well you said that he would start with a million people, 500 ,000 to a million who are clear criminals.
1:09:03He should do that. Well that's what JD Van said. We all agree on that. Yeah, JD said that the way he would report, he said that the way that you do deportations is the same way you eat an elephant. You do it one by one at a time. A sandwich. eat a sandwich. So the way you eat an elephant, you do one bite at a time. Let's start with the biggest criminals. The biggest people we shouldn't be here. And then let's see what happens after that. And look, if you were, here's the thing to our team million, what would you, would you be in support of that? We haven't gotten there yet. The point is you take the first bite of the sandwich.
1:09:29They will talk about the second bite. But there was a line from the 2016 election about Trump that I think was attributed to Peter Tio, which is very important, which is that Trump should be taken seriously but not literally. Sometimes when he expresses a policy or a point of view, he sells it. So when he says, I'm going to end the Ukraine war on day one, does that mean he's literally going to do it on day one? No, what it means is he's going to try really hard to end the Ukraine war. If he does it on day 365 of his presidency instead of day one, I'm not going to come out and say he lied and do what he said.
1:10:01No, I'm going to say he got the job done. He did what he said he was going to do. So I think it's very important to judge him in that way. When he says, I'm going to deport 15 million people. Do I expect him to do all 15 million, not necessarily, but if he closes the border, builds the wall, seals it so it's no longer a problem and deports 500 ,000 to a million hardcore criminals out of this country, I'm going to say that was a massive success. And you know what's going to happen? The legacy music is going to say, well, he lied because he didn't deport the other 14 .2 million. Come on. No, I'm not your successor.
1:10:32He got the difference between complaining and governing. I agree with all that and I do think if he does try to do the $4 ,000 ,000, that's the thing I have concerns about. Got it. Okay. Freeberg over to you. So let's talk about the cabinet positions. Chimath. A guy like RFK Jr. has never held an executive position before. You and others on this panel, Sachs, J .Kell, myself, we've all kind of managed large groups of people. We've all been in positions of being a CEO of a business. You talk a lot about bringing in the outsiders and the Trump campaign talks a lot about bringing in these outsider sacks begrudgingly highlights the swamp creatures emerging to ask for those slots in those positions because they are lifelong politicians and bureaucrats.
1:11:12How do we have trust in faith or do you think that that's the whole point is that you have folks that don't have the experience to run these organizations that don't have the insights on who actually works there on how they operate and them coming in is going to provide enough of a fresh perspective and f**king up enough that that's exactly the point. And like talk a little bit about bringing in outsiders, but outsiders that can be effective in transforming these government agencies, not just blowing them up, or is the goal to blow them up. No, again, I would just temper and tone down that rhetoric.
1:11:44There's not nobody's blowing up anything. But I think step one is going to be a level of transparency so that doing the obvious becomes obvious. And I think that if you look back over 40 or 50 years, what has happened is that secretaries and political appointments have gone from get the best person in the job because they know it to, here's political payola, if you will. And I think the pendulum has swung to too far of an extreme. That's why the swamp people are able to maintain control because the person above them who's appointed doesn't fundamentally know the inner workings of the organization.
1:12:21I suspect what you're going to see is a radical push to transparency. And I think that when you combine transparency and SACS called for this a version of the quitter files for the government, I do think you're going to see that. But if you combine that push to transparency with a handful of topics, you know, by the way, we introduced a long time ago this idea of zero -based budgeting into the lexicon and language of these political candidates that they used all the way through to the finish line. I do believe the Republicans earnestly mean it. And so I think when you put these two things together, freeberg, I think what you will have is all of this laid bear.
1:13:00And then I think it'll start a debate on what to do. And I think the decisions about what to do will be so blindingly obvious. The low hanging fruit will save this country once we pluck it. Can I say a word about? I be confirmed in whatever cabinet position that he's going to get. Number one, you know, we look back the campaign now and it seems obvious that Trump was going to win it. But at the time that Bobby Kennedy came on board, that was a major factor in shifting momentum towards Trump. So that's number one. Number two, we need to keep Bobby Kennedy's coalition as part of our movement. It's not just about what he did in this last election.
1:13:42It's keeping all of those people, those young people and those former Democrats on side and part of the Republican Party in the Magda movement. And number three, he's genuinely going to reform that huge part of the bureaucracy. And that's extremely important. We need outsiders to come in and shake things up. He's right about the regulatory capture. He's right about the marriage of state power and corporate greed. Let's have someone go in there who's got fresh eyes, but also understands that the bureaucracy works because he's litigated and shake things up. If you look at what Bobby posted to Instagram, Nick, I don't know if you can find it, but it was pretty telling on this dimension of the first inning is going to be about absolute radical transparency and sharing with the American people.
1:14:28Everything that's been under the covers. By the way, it's not just on that dimension, right? We're going to see the Epstein files. We're going to see the Diddy lists. We're going to see the JFK file. I know that these things are sort of fringe conspiracy theory type things for some people. But the point is from pillar to post that first phase of this radical truth seeking transparency is an incredible disinfectant that you can build from. And he told the FDA, I think something to the effect of pack your bags and keep your records. Now let's let's take the hyperbolic part of it out. But it's to keep your records part that should be valuable because we deserve to have answers.
1:15:07Now, when you think at the same time that you have inventions like AI that can crunch every single piece of data under the sun and tell you the absolute truth, imagine when you put transparency and the government sharing incredible amounts of information with the compute power that the Googles and the Facebooks and the open AIs of the world are creating, you'll know these answers to all of these questions. Vaccines are they good or bad? When? How? How? Floorite is good or bad when how? All of these drugs that have been approved, why? All of these drugs that have not been approved, why? You're going to start to see some really interesting things.
1:15:45Has there been research on the impacts of food on physiology? Were they suppressed? Were they not suppressed? So I think phase one is get it all out into the open. Totally. And what I said, just what what your mouth referred to is, yeah, I said we should do a Twitter files for the whole federal government. It is what I meant by that is remember before Elon bought Twitter. They told us for years that the idea that Twitter was shadow -baiting conservatives and engaging in censorship was a conspiracy theory. Then Elon opened up the Twitter files and we saw that it was all true and moreover that the government was engaged in censorship.
1:16:24They had been working hand in glove with the trust and safety department. The FBI had logins. They could just go in themselves. Yeah, the FBI had their own tool called teleport, which would allow them to transmit secret instructions to the trust and safety team at Twitter And they were censoring based on those instructions. That's completely unacceptable. Twitter management lied about it. The government lied about it We only found out through the Twitter files. Let's do a Twitter files for the federal government. What do you think we're gonna find out? What do you think we had find out about Ovid?
1:16:53What do you think really happened there if Bobby Kennedy can do that? the lies they told us. In completeness of the actual clinical validation studies, the authorizations and the waivers that were secured, how good or how brittle or how fragile was that data. By the way, I think what we, what it'll also do, Freeberg is if, if it looks like this data is actually an extreme high quality, you know what that does? It reestablishes trust in that institution, which is also a win. So this whole thing is a win -win. Well, and let's not forget the FOIA leader. They were literally being taught how to route around, Fauci's team, how to route around subpoenas and people looking for information.
1:17:37I mean, there's a lot to uncover here. I'm 100 % here for it. Yeah. So just to be clear, there's a law in the United States called the Freedom of Information Act. The FOIA is kind of a common term. and it gives the power and authority to individual citizens and third party agencies to have a check and balance on the federal government that they can go in, they can request actual data, actual files, and it is all necessarily available to the public at any time except for classified information. Okay, well the federal government now overclassifies everything. We have something like what like a billion classified documents, they literally classify everything.
1:18:14So through the FOIA process, third party lawyers and nonprofits have made requests to federal agencies to get access to this sort of information. And I've done it. I don't know if you guys have ever used FOIA powers for information from the federal government. I had to do FOIA requests 10 years ago to get weather data or 15 years ago for my startup climate. It was the only way we were able to get access to a bunch of weather data was through FOIA requests. And then we were able to use that data in our services because it is public data, the taxpayers pay for it. So we had a right to it. Similarly, you can make FOIA requests of emails and interagency communications and so on.
1:18:49But I think it seems, and Jake out here pointed out the FOIA lady, there may over time have been some degree of corruption of the FOIA process in all of these agencies, which has made it more difficult for individuals and third parties to have the appropriate checks and balances on the data in these agencies because of the way they've kind of obfuscated access, slowed down the process. Sometimes it takes months for them to respond to you, and it's become quite difficult. So the FOIA, the intention of the Freedom of Information Act may have to be hindered by the bureaucracy. This will not be through FOIA.
1:19:19They make one other suggestion is we need a massive declassification effort of the federal government. Maybe this is the way to actually implement the Twitter files strategy is the problem is we have a massive overclassification problem. Billions of documents may classify it the federal government. Why? Because those bureaucracies know that they can kind of do whatever they want and kind of work in peace without having to just close what they're really doing. If they just mark classified on a document, someone needs to go through that and start massively declassifying. If they do that, then there'll be a lot more documents available to FOIA requests.
1:19:54So that right there would be a huge help. And then like you said, the FOIA process could be tightened up, it could be a lot faster, it could be a lot easier. And they should not be able to circumvent it by doing the kind of stuff that Jake Hout referred to during COVID where they were like, deliberately misspelling words So they would have asked Rex in, you know, Hacker speak in order to avoid this. And they were also told a bunch of people who are in three letter agencies just by default put this at the highest level of security not to be disclassified, declassified. So they unnecessarily put everything classified.
1:20:30And so now every email is marked at the highest level of classification, which means there's no discerning it. And if you were to blame an FBI agent, if they told you, hey, just put everything on classified. So it doesn't get out. Okay. That seems like a pretty good way to cover your ass. And that's got to change. Yeah. Well, a lot, a lot to come in the weeks ahead. I'm sure we will do more updates as the cabinet positions. Where do you see three more? You're a man of science. I know you have some differences with RFK. Do you want to see him? I have a very deep trepidation about RFK having oversight.
1:21:03I think the authority might be limited with respect to the legislative authority that's vested by the Congress, which is the one piece. I look, I mean, as you guys know, there's a lot that RFK brings up that I very, that resonates with me. I'm not a black and white guy. So, there are things that he says that make a lot of sense. There are things I've pointed out, particularly around microplastics in the environment, particularly around chemistry that we use in our food, and our systems of food and production. And I believe very strongly that we have real issues that have, you know, compounding effects on our health.
1:21:36So let me not be too flippant about that. I am not a, all vaccines are always good all the time person. I think that every one of them needs to be studied on the merits and the risks. I think fluoride is an interesting conversation to have. What are the merits? What are the risks and why is it a federal, why is there a federal authority over fluoride and water? Which by the way, there isn't. It's all local municipalities get to decide on a new on spaces. Then net net where do you wind up free, Burke? Net net where do you wind up? I will say that there are a number of things that RFK have said that that caused me a lot of trouble, that I'm very troubled by, because I think that he has said things that are factually wrong, and I want him to be open to debate and open to review of objective truth, and that's it.
1:22:14And that's it. And as long as he's not that, do you like him as a disinfectant, as a rabble rouser, as to shake up the system, or NetNet, do you think it's too risky to let him in? Generally, I think all these systems should be challenged, 100%. Okay, so NetNet, you want to send him in. You say you want him to be open to debate? I personally never seen a candidate for office has been more open to discourse debate interviews than Bobby Kennedy's done everything he's been on the show twice. I'm not going to explain him otherwise. I'm not going to explain him otherwise. You know, who is not open to debate and discourse and transparency is a bureaucracy.
1:22:48That's the problem. If you want government reform, you have to get into the bureaucracy. You need outsiders to come in. You need to make it transparent. You got to declassify. That's what you got to do. One of the most important aspects of science, not the recently legacy media or jokingly definition of quote, quote, science, but science is meant to be a process of skepticism, interrogation, and the search for objective truth, which means that you should be constantly questioning whether you are right or wrong. And I do think that that is a necessary part of the process of science. Science is not meant to be a dictatorial regime.
1:23:22And so I think that resetting the framework for how we operate some of the agencies and authorities that are supposed to be rooted in science to have the necessary process of skepticism review and transparency into that I think we'll re re -assert faith and re -assert trust by the public in how these agencies are operating And I hope that that happens. I really do because I do think that there are very good people in all these agencies who do very good work and there's a lot of very important advances that have come out of the United States of America and have gone through processes through the federal government that have actually done really great things for Americans and for humanity.
1:24:00And so I don't want us to dismiss things as being whimsical bureaucracies that don't have any rooting in science, but I do think that it's important to have this degree of skepticism and process and have transparency. So that's all. Well, I'd like you to show me in the Constitution where the bureaucracy or the administrative state is a branch of the government. I see in the Constitution that we are supposed to be ruled by an executive branch, a legislative branch, and a judicial branch. I do not see an administrative branch. That has sprung into existence over the last several decades. And it rules us.
1:24:36There's roughly three million people who work for the federal government of those, the president basically appoints three thousand and it takes forever to get them through. Yeah. So we have roughly three million people who don't report to anyone. Namely, they're supposed to report to the executive branch, but the president can't fire him. We talked about in a previous show if Elon had gone into Twitter and he hadn't been allowed to fire anyone, do you think he could have restored free speech to Twitter? Of course not. They just would have kept doing whatever they wanted to do. And that is the big problem in the federal government right now is we are ruled by a fourth branch of government that is not in the constitution that doesn't report to anybody.
1:25:12It is not subject to elections. We can't vote them out and we can't fire them. And they have been in the forefront of trying to stop Trump and the larger reform movement that he represents. Ever since Trump got elected in 2016, remember it was members of the administrative state, specifically the security state who said, don't worry, we're going to be the insurance policy against Trump. and they have done everything possible through the Russian eight hoax, through law fair, through the whole steel dossier hoax to basically try and stop Trump and there are four movement that he represents. And the big question of Trump's second term will be whether he can finally subdue this bureaucracy and bring it under democratic control under the control of the executive branch as the American people want.
1:25:57And as I think the Constitution intended, right now we are run by an unelected branch a government that has to stop and what Trump represents is not dictatorship, but democracy, the triumph of democracy over this bureaucracy. And a big important moment for this movement, this return to the fundamentals of what was vested in the Constitution is the Chevron doctrine case at the Supreme Court earlier this year. It reversed the authority for agencies to create their own rules and regulations that they can then enforce on private enterprise. And if that case carries through and is allowed to be used to support the efforts to deregulate or to deagency what you call it kind of the bureaucracy, I think it enables a lot of the change that folks are looking for.
1:26:48why should, for example, some commission be sprung out of, you know, some assembly being created, and then that commission gets to create their own rules and their own regulations that effectively are law that prevent private citizens and enterprises from being able to operate and make decisions. And I think that was a very important moment for this movement was the Supreme Court case on the Chevron doctrine earlier this year. I don't know if you agree with me on this. 100 % not totally agree. I think that was an absolute precursor. which is it was insane. I mean, again, you had a Supreme Court ruling that effectively made the administrative state the highest law on the land, even though there's no constitutional basis for it.
1:27:26So yeah, repealing Chevron was definitely half of it. And I think the other half it is going to be whether or not. Well, makers have to pass laws. You can't have individual commissions pass laws. That's that's the whole point. We need bills passed by the Republican Congress at Trump consigned, but we also need, I think, cabinet level appointments who will start to subdue the bureaucracy, bring them under control, find out what they're doing. Just give us your transparency around what they're doing. Twitter filed this thing so then we can reform it. I think that we're going to look back on this era and I think it's going to last about 20 years or so at least, which I call a return to originalism.
1:28:04We are returning to the founding principles of this startup called America. And I think it's incredible. I think Sax is right. There is this unbelievable living document that created this incredible experiment. We veered way far away from it. It's taken us a lot of courage to get back to that place where now you can actually let that guiding document govern a highly meritocratic country. So it's going to be a lot of hard work, but my gosh, it's just an incredible moment and opportunity. Everybody should just take a breath and remember that. I'd just like to do a quick survey of some of the local and state elections and get some reactions.
1:28:52I was going to try and talk a little bit about what's going on in San Francisco and California. I'll just hit on it. Our friend, my friend Daniel Lurie was, it looks like he's going to be the mayor of San Francisco beating out the incumbent mayor, London breed. Daniel ran on a moderate platform and has an intention of fixing a lot of the operations and inefficiencies in the San Francisco government, which has seen a ballooning in budget. San Francisco has the highest budget per capita of any city in the United States. I think 50 % higher than New York with a lower functioning kind of set of municipal services.
1:29:27And there's a lot of opportunity for improvement there. This is the first time, really important stat. First time an outsider has been elected mayor in San Francisco since 1911. Every mayor elected since 1911 in San Francisco was an existing government employee or government civil servant. So just like what we saw in the federal elections, we are seeing an outsider being placed in I wish I wish I wish to luri a hearty congratulations neck. Can you show them the please? I said he has become a dangerous dirty dumpster fire for bad ideas from lips. I hope you do the obvious and be on the side of cops justice clean streets and meritocracy.
1:30:04That's your message to the incoming power. Yeah, I mean he is has been a major proponent. You were going to run for mayor once, once, Jacob. I was lobbied, I was approached and I was given a lot of support, seven figures of support to go do it. It's a very hard job because the supervisors actually run the city and a lot of the supervisors like they got booted to know that you get booted and got booted. Dean Preston got booted. Dopey Dean and Aaron. Dopey Dean. So the board of supervisors has also shifted moderate. The mayor is now going to be a moderate outsider. And there's a real opportunity to rebuild and reform San Francisco.
1:30:48It's a place that I've called home for 25 years. It's a place where I operate my business. And it feels like a lot of the citizens of what has historically been. You don't have to. I still live there. Hold on. I still live there. And I do think that it was a big election in terms of improving things in San Francisco. So grass to Daniela, he's a friend of mine as well. You go down to LA, another big race. We booted Gascon who was the Soros DA, who ruined San Francisco and then failed his way up to LA, was ruining LA and Nathan Hockman, who's moderate, beat him by something like 20 points. And then like I mentioned, we got Prop 36 pass in California by about 70%, which reversed some of the excesses of Prop 47, which was the proposition a decade ago.
1:31:33So that was passed by then Lieutenant Governor Gavin Newsom and then Attorney General Kabbalaheir is to a de facto legal eye shoplifting. So the people of California have had enough of these policies that frankly enable crime, enable homelessness, enable drug use, and they want a correction. Look, even wokes and blue state liberals don't want their cars broken into. I mean, it's really. It's shocking. It's really simple. And the crazy thing in Los Angeles with Gus Gone was a number of people who I know live there now No people in Santa Monica in Brentwood in Bel Air where we lived For so many years sacks Have home invasions have started again.
1:32:17I mean that is like a breaking point It's scary to have your home broken into by a gang right and you know one one final point on this is that while the people of California resoundingly, again, over 70 % supported Prop 36, there was one prominent figure who was opposed to it, which was Gavin Newsomey said, when he saw it really pulling, I don't know what state I'm living in. So, you know, look, the state we're living in, Gavin, is the one that you created. You're the one who gave us these policies. You're the one who gave us Prop 47. You're the one who gave us zero bail. You're the one who allowed the Democratic party in California to be taken over by Storos DAs.
1:32:56You've never resisted these policies. Now you have a choice. You can see where the people are at. Over 70 % California, once a change, I'd say on the rest of the country, if it's 70 % California, 90 % of the United States must, you know, is opposed to these soft on crime policies. If you ever have aspirations to be anything more than Governor California, you better get on the right side of this issue. Sacks David Sacks should be the governor of California. Let's do it. I'm I'm I'm 100 % serious. It's the fifth largest economy in the world This is this is this is marked today as the day that I have decided Oh, I am going to cast a son that I am going to convince David to be the governor of California.
1:33:40I know it is great I will say I will say I'll make a part of it. I'm just gonna say that David Sacks would be an incredible governor of California I really don't understand. I understand blind. I'm not blind right now. There's nothing to be privately. There's no rumor. I'm just telling you right now that within two years I will have convinced him to do it. It'll be the perfect time. Gavin Newsom has been terrible for this state. We have seen trillions of dollars of market cap exit this state in terms of corporations that have left. We have gone from record surpluses to record deficits. We have an education system that is failing millions of kids.
1:34:20What is going on here? We have taxes that are through the roof and When you spend more and more and more to get less and less and less and it takes more and more out of everybody's pocket What is the answer? The answer is you have to fundamentally change everything that's happening from first principles Well, I will say one more point about I will call it balance in the force when a party is captured and moves too far in one direction, people leave the party and they vote for the other party. And then in order to attract people back to the party, they tack to the center. My big prediction over the next few years is you will see a more centrist Democratic party as they try and re -apply.
1:35:07And they try and attract their two to the back. I'll take the other side. So one more topic before we see, guys. I just Sacramento. to see sex and sex and then do. Not gonna happen. Not gonna happen. Guys, before we wrap, there's one other topic that came up in every conversation I had with everyone about Trump that was a female, which was abortion. And it was, and look, I don't want to rehash again that it was misrepresented what Trump's position is. But abortion has become a very sensitive topic. A woman's right to do what she wants to do with her body when she wants to do it is something that most women feel they are very deeply endowed with.
1:35:41and that should be an unalienable right, particularly in the United States of America, and that even sending this back to states and states voting on it creates a significant emotional response that drives folks to one party or the other. In Florida, voters rejected an abortion extension to 24 weeks. Florida previously had a 15 -week abortion ban, but the current six -week ban took effect in May. The amendment that was being proposed on the ballot this week would have cutified abortion procedures up to 24 weeks in the state constitution, but it needed 60 % of the votes to pass, but it only got 57%.
1:36:18So it looks like a loss for a pro -choice advocate sex. What is going to happen now that these abortion laws are being voted on, these amendments to state constitutions are being voted on? How is this going to reshape American politics and how are the parties going to shift in the years ahead given how important and how sensitive this topic has become after the decision of the Supreme Court recently. Look, I think that what you're seeing in the last election that we just had is the beginning of the end of the salience of this issue. I mean, abortion has been an issue that has deeply fragmented America for 50 years.
1:36:54I mean, the pro -choice for pro -life movements have been a staple of American politics, talking past each other. they were never able to get to any sort of compromise with the repeal of Roe v. Wade with the Dopp's decision the issues now been thrown back to the states and every state is working it out for themselves and in most states what's happening is it's either the pro -choice totally wins or they compromise on some number of weeks. I think that in Florida going for 24 weeks might have been a little bit too many if they try to go back to 15 you know they probably could have gotten there they probably could have gotten from 57 to 60 but that's what the in red states, it's going to be about agreeing on a certain number of weeks.
1:37:34Blue states are pretty much going to be pro -choice. And you can see that the federal level, no one wants to touch this anymore. JK, you raised the point during the election cycle, during the campaign, that doves would be crushing for Trump and that women were going to turn out in droves for Harris on the base of this issue. That simply did not happen. If you look at voter turnout, Trump increased his share of the women's vote. He did lose college educated women. So that's subset of, call it more progressive. Yeah. Sorry. College educated women too. I think came out. Yeah. But if you look at women as a whole, he won more of their votes.
1:38:09So how did Trump inoculate himself on this issue? He made it really clear. He was not in favor of a national band. He said that he favored the exceptions and that it was now up to the states. He basically assured the country, the women of the country that, again, that abortion would not be banned and that was now a local issue. And I think the voters of the country, including women, accepted that. And it is now a state issue. So. So Maryland, Missouri, I think it's gone. Maryland, Missouri, Nevada, Montana, Colorado, Arizona, all voted to codify the right to abortion and remove abortion bands.
1:38:42On the other hand, Nebraska voted for a ban on abortions after the first trimester. And South Dakota voted against a right to abortion. So South Dakota prohibits all abortions except when necessary to save. You're going to have to listen. You're even in deep red states like Ohio, the pro -choice forces have won these referenda. It's just a handful of cases, like a very small number, where the pro -life have gotten their way. Again, I think we're at the tail end of this being a saline issue in American politics. I think Trump has ended it as a federal issue and it's now going state by state. And in most of those states, the pro -choice forces are winning.
1:39:19I think this issue is over and I think it's over because Republicans know No, not to touch this. Jake, you've said it's one of the most important issues of the day, several times in the past. You said women were gonna vote in droves for Kamala because of the perception that Trump was trying to pass a federal board. I think a lot of them did, clearly, but not enough to swing the election. And, you know, it's going to be, I think it's gonna be, to the question is, right, is this gonna stop being an issue? And it's now codified and state law. And, or is this gonna continue to be a list in? We'll remember to not be able to get an abortion sadly and they will not be able to make that decision for themselves That's my personal belief.
1:39:56They should be able to make the decision for themselves. I'd like to stay out of it But Sax is largely right that if you don't if I'm reading it correctly Think about it if you're a state in you ban abortion Who's gonna want to live there? You're gonna have a lot of people leaving and that's been an issue here in Texas a lot of companies Are having a hard time with not only getting women to move here to work at specific companies in Texas but men are a well or not are citing it as a concern. So it's going to make it really untenable for an economy. You're saying that you don't want to work for Tesla or SpaceX because of abortions?
1:40:32I have heard many stories about people not wanting to come work at companies in Texas because of the slug. Yes. I have heard that from employers. I'm not talking about any of the Elon's companies that don't speak for him, obviously. But this has been an issue for companies in Texas. Okay. Guys, this has been a fantastic follow up to this week's election. I know some people are bitterly disappointed, frustrated, angry and sad about the future of America and others are deeply optimistic and excited and I think to be in the day. It's all going to be okay. It's going to be okay. And I really do hope that everyone can kind of have constructive conversations about the future.
1:41:09We don't like to build together. I do here. And I really appreciate the friendship with you guys. I I wanna say congratulations to Sachs and Chimoff for putting yourselves out there as early as you did in campaigning and promoting Donald Trump. I think you guys had a very influential role in moving people for the effort you made and the outcome congratulations. More than, I'll say what I said again. He's a good human being. I would encourage you to get to know him. Yeah. Just that. Hold him accountable. Take a good look at this. If he wants to remind me tomorrow, I can't have a veggie burger and fries on there.
1:41:43I will I will hang out. I'm going to let no veggie burgers. What are you talking about? Before you go. It's my best. I forgot. We're going to ban veggie burgers. That's Bobby's Florida. I'm going to text it. Bobby to ban anything with solar. I know. I know. I remember all of your gum. That all that stuff is verbose. But don't worry. Bears on the menu. Vegan's better to learn. Yeah. To find natural sources of protein because the unnatural sources. The free market Republicans have decided it's time to go in and ban the market for fake me because my God we can't introduce to you. I'm not gonna tell you what to do.
1:42:16Continue to disregulate your physiology. Xantham. Xantham. Stop using your moderator privileges to push your agenda free bird. Take care guys. I love you guys. Love you guys. Love you guys. Bye bye. We'll let your winners ride. Bring man David Saad. I'm going to win. We open source it to the fans and they've just gone crazy. I'm going to the toilet. What? What? What? What? Besties are gone. Go through. That's my dog. Take him in. I wish you drive away. Sit next. Wait at all. Oh man. My hamster will meet me at the place. We should all just get a room and just have one big hug. Because they're all just like this like sexual tension.
1:43:05They just need to release that. What? B. What? You're a B. B. What? We need to get merch. I'm going on a list.
1:43:22I'm going on a list.
From the publisher
(0:00) Bestie intros!
(4:55) Sacks recaps election night at Mar-a-Lago
(8:28) Analyzing the results: how Trump won, why Kamala and the Democratic Party lost
(25:55) The failing Democratic coalition, campaign spend disparity, Trump's advantage in earned media
(37:59) What mattered most: Policy, Candidate, or Campaign?
(50:44) GOP will likely win House and Senate, potential cabinet positions, avoiding neocons
(1:10:42) Cabinet positions, shaking up the unelected bureaucratic branch
(1:28:47) California rejects progressives
(1:35:17) Abortion laws being settled around the US
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Referenced in the show:
https://x.com/twobitidiot/status/1854192602985255042
https://www.270towin.com/2024-election-results-live/president
https://x.com/ChrisCillizza/status/1854515791690953066
https://www.youtube.com/watch?v=_e8-KX3XKL8
https://x.com/Jason/status/1854209590424121464
https://x.com/SawyerMerritt/status/1854045298475110779
https://x.com/DavidSacks/status/1854342908356297068
https://x.com/arifleischer/status/1854270972775305291
https://www.fec.gov/data/spending-bythenumbers/?office=P
https://x.com/DavidSacks/status/1829383729284067659
https://www.snopes.com/fact-check/trump-very-fine-people
https://x.com/TheRabbitHole84/status/1840977783247286429
https://www.cnn.com/election/2024
https://polymarket.com/event/house-control-after-2024-election
https://x.com/MarioNawfal/status/1854536321282519396
https://www.instagram.com/p/DCFJ4mlsmEG/?hl=en
https://x.com/DavidSacks/status/1854202717637411199
https://x.com/chamath/status/1854229735477551600
https://www.nytimes.com/interactive/2024/11/05/us/elections/results-abortion.html




