Hey guys, Saga and Crystal here.

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We need your help to build the future of independent news media and we hope to see you at Breakingpoints dot com. Good morning, everybody, Happy Tuesday. Have an amazing show for everybody today. What do we have, Crystal?

We need your help to build the future of independent news media and we hope to see you at Breakingpoints dot com. Good morning, everybody, Happy Tuesday. Have an amazing show for everybody today. What do we have, Crystal?

Indeed we do.

Indeed we do.

As for usual, many many things are happening. Yesterday was the worst day of the year in these stock markets. We will get into what is going on there to the best of our ability and what the fallout could be. Republicans are scrambling to get a spending bill, paths to avoid a shutdown, and Trump is threatening a key hold out with a primary challenge that would be Thomas Massey. So interesting drama there also some drama with our great ally Israel over US.

As for usual, many many things are happening. Yesterday was the worst day of the year in these stock markets. We will get into what is going on there to the best of our ability and what the fallout could be. Republicans are scrambling to get a spending bill, paths to avoid a shutdown, and Trump is threatening a key hold out with a primary challenge that would be Thomas Massey. So interesting drama there also some drama with our great ally Israel over US.

Negotiations directly with Hamas.

Negotiations directly with Hamas.

We've also got a bunch of updates for you on that pro Palestine activist Green card Holder that the Trump administration arrested and starting with deportation.

We've also got a bunch of updates for you on that pro Palestine activist Green card Holder that the Trump administration arrested and starting with deportation.

We've got a court.

We've got a court.

Update there and lots of news, so we'll break all of that down for you. We also have Elon and Bannon actually told by Trump to make up. So what's going on there in that key relationship. That's an interesting one, and Twitter was down for most of yesterday. Elon is claiming potentially Ukrainians were attacking it.

Update there and lots of news, so we'll break all of that down for you. We also have Elon and Bannon actually told by Trump to make up. So what's going on there in that key relationship. That's an interesting one, and Twitter was down for most of yesterday. Elon is claiming potentially Ukrainians were attacking it.

We'll see, we'll explore who knows. I wouldn't put it past them. Also would like to see some evidence.

We'll see, we'll explore who knows. I wouldn't put it past them. Also would like to see some evidence.

I yeah, don't trust anyone involved in that particular dispute.

I yeah, don't trust anyone involved in that particular dispute.

So well, look at what we know there. I'm taking a look at Tesla.

So well, look at what we know there. I'm taking a look at Tesla.

Actually I had to update my monologue because I woke up to the news that Trump is saying he's going to buy a Tesla to support the great and wonderful Elon Muss So that's kind of funny.

Actually I had to update my monologue because I woke up to the news that Trump is saying he's going to buy a Tesla to support the great and wonderful Elon Muss So that's kind of funny.

And we had an interview.

And we had an interview.

That we recorded yesterday with Brian Tyler Cohen his channel is just absolutely blowing up as liberals are fleeing MSNBC and CNN. So we really wanted to talk to him about who he thinks, his audiences, what they're interested in, and you know, to what he attributes his success and the sort of failure of liberal outlets.

That we recorded yesterday with Brian Tyler Cohen his channel is just absolutely blowing up as liberals are fleeing MSNBC and CNN. So we really wanted to talk to him about who he thinks, his audiences, what they're interested in, and you know, to what he attributes his success and the sort of failure of liberal outlets.

So really interesting conversation.

So really interesting conversation.

Yeah, I really enjoyed talking to him. I think that Brian Midas, Touch and a few others are really at the vanguard of where the Democratic Party is right now and just observing you know, here in Washington, everybody writes profiles about each other, but they're ignoring the actual stars on YouTube right now on the left who are not only exploding but like leading a lot of the liberal energy that's not on MSNBC, it's not on CNN. So I really wanted to talk to Brian just about like what he thinks about the current moment, what he thinks the Democratic Party should do, his analysis of where thing's wrong. And he's an interesting guy and I think people will get a lot out of the comment.

Yeah, I really enjoyed talking to him. I think that Brian Midas, Touch and a few others are really at the vanguard of where the Democratic Party is right now and just observing you know, here in Washington, everybody writes profiles about each other, but they're ignoring the actual stars on YouTube right now on the left who are not only exploding but like leading a lot of the liberal energy that's not on MSNBC, it's not on CNN. So I really wanted to talk to Brian just about like what he thinks about the current moment, what he thinks the Democratic Party should do, his analysis of where thing's wrong. And he's an interesting guy and I think people will get a lot out of the comment.

And he's also a guy with access.

And he's also a guy with access.

I mean, yeah, that's right. This guy was on the White House, on the Capitol Hill like literally last week. He interviewed AOC. They're paying attention in an interesting way where he could be if he wanted to be one of the biggest, you know, most important young people so called in the Democratic Party. So it's important to get to know who are these people, what do they want? Policy wise? Politics wise? How do they think the last election?

I mean, yeah, that's right. This guy was on the White House, on the Capitol Hill like literally last week. He interviewed AOC. They're paying attention in an interesting way where he could be if he wanted to be one of the biggest, you know, most important young people so called in the Democratic Party. So it's important to get to know who are these people, what do they want? Policy wise? Politics wise? How do they think the last election?

What?

What?

Who are the right? You know, the new stars and all of that will be so anyway breaking points. We're trying to be here at the vanguard literally where politics is. I'm fascinated by it. I really am. All right, might have touched guys. Ben what's that guy's name? Neck? I can never say his last name. He's whatever. Anybody, Ben, you should come on to I'll treat you fairly. Yeah, I would love to talk to him. I really would. It's purely analytical. I'm just like, who are you? What do you guys want? You know, you and a couple of brothers. You got the top podcast in the entire country. What's up with that? Right?

Who are the right? You know, the new stars and all of that will be so anyway breaking points. We're trying to be here at the vanguard literally where politics is. I'm fascinated by it. I really am. All right, might have touched guys. Ben what's that guy's name? Neck? I can never say his last name. He's whatever. Anybody, Ben, you should come on to I'll treat you fairly. Yeah, I would love to talk to him. I really would. It's purely analytical. I'm just like, who are you? What do you guys want? You know, you and a couple of brothers. You got the top podcast in the entire country. What's up with that? Right?

You know?

You know?

What do you attribute your success?

What do you attribute your success?

Change?

Change?

Absolutely fascinated? All right, let's start with the markets. As you said, it's been an absolutely dizzying twenty four seventy two week hours in the markets. Absolutely, you know, terrible start right now. It's the worst stock market performance for an American president in their opening days since two thousand and nine. White House is not exactly offering up quite a bit of confidence. Here is Kevin Hassett. He is the White House Economic advisor previously served in the Trump administration, downplaying the stock market drop, saying it's just a blip. Let's take a lesson if.

Absolutely fascinated? All right, let's start with the markets. As you said, it's been an absolutely dizzying twenty four seventy two week hours in the markets. Absolutely, you know, terrible start right now. It's the worst stock market performance for an American president in their opening days since two thousand and nine. White House is not exactly offering up quite a bit of confidence. Here is Kevin Hassett. He is the White House Economic advisor previously served in the Trump administration, downplaying the stock market drop, saying it's just a blip. Let's take a lesson if.

You think about, like, what's going to happen to capital formation of the US. If you take our costa capital measures, it goes up ten to eleven percent over the next year. There are a lot of reasons to be extremely bullish about the economy going forward. But for sure this quarter there are some blips of the data, including the negative GDP DOW, which are related both to the Biden inheritance and to some you know, timing effects that are happening ahead of tariffs.

You think about, like, what's going to happen to capital formation of the US. If you take our costa capital measures, it goes up ten to eleven percent over the next year. There are a lot of reasons to be extremely bullish about the economy going forward. But for sure this quarter there are some blips of the data, including the negative GDP DOW, which are related both to the Biden inheritance and to some you know, timing effects that are happening ahead of tariffs.

You don't think Trump owns any of that.

You don't think Trump owns any of that.

I think you know someone there was right in the middle, right in the middle, would not immediately attribute to soft I'm seeing it on Twitter constantly. You know, how's this guy doing? Now, how's that feel? How's winning feel with the economy and they're not tying it to Biden, Kevin, they're tying it to some of the incertainty from the Trump administration.

I think you know someone there was right in the middle, right in the middle, would not immediately attribute to soft I'm seeing it on Twitter constantly. You know, how's this guy doing? Now, how's that feel? How's winning feel with the economy and they're not tying it to Biden, Kevin, they're tying it to some of the incertainty from the Trump administration.

Well, well, let's be clear, though, Joe. The last year, the Biden numbers, we kept getting these great jobs numbers, and then by the end of the year we see that they're revised down by a whole million, and so a lot of the numbers that looked kind of good at the advance release weren't good and red words.

Well, well, let's be clear, though, Joe. The last year, the Biden numbers, we kept getting these great jobs numbers, and then by the end of the year we see that they're revised down by a whole million, and so a lot of the numbers that looked kind of good at the advance release weren't good and red words.

They're still pretty good.

They're still pretty good.

And that was a technical.

And that was a technical.

Thing then, So it's just a blip, just a blip, don't worry about it. I'm not so sure that's the way that I would read it, especially when you take a look at the indicies. Let's go and put this up there on the screen. So we got the Dow Jones Industrial Average dropped some six points in the last month, and a couple I think two or three percent of that or sorry, six percent just in the last month, and a couple of percent just yesterday. Let's go to the next one, please, and let's take a look at that. Oh, there's the NASDAC down eleven percent on the month, down full four percent yesterday. NASDAK is a very tech heavy index. So that's another reason why you should pay attention. Let's go to the next one, the S and P five hundred, and what do we see there? That's right down seven point five percent they are in the last month. Keep in mind, things obviously could change, you know, by the time that we post this, but futures are not looking that great right now. I mean, basically a point five percent increase there in the S and P five hundred, but not erasing the multiple points that were dropped yesterday in the overall index. And the most worrying part of this is it basically is making a reality of something that we've really been warning about here on this show now for several months, if not years, which is just the way that these indexes are. Indices are so heavily reliant on these so called magnificent seven stocks. And today is a very inauspicious day if you're a technology investor. Let's go and put this up there on the screen. Today is exactly twenty five years to the day from when the dot com bubble burst. And if you read this, it's really interesting what the dot com bus can tell us about today's AI boom is quote today some investors are worried the same cycle is playing out when it comes to artificial intelligence. Even if that's the case, there is an important lester for investors. Ultimately, the early Internet hype did prove correct, but it took years for that to materialize. The economy was effectively in a recession. I went back and was reading some chapters from John Cassidy. He's a New Yorker reporter book and he wrote a book in three Call dot Com highly recommend it, and that book just nails the very similar way that we think about Nvidia, about Google, about Meta, about not only there not only the amount of capital that they were burning as much at the time, but in the similar way of the sky is the limit in the moonshot ideas that people had behind them. Now, not everything is as insane as diapers or Priceline dot com per se. But remember even a modest correction of let's say thirty forty percent for end Video, which still leave it massively valuable, that's a huge percentage of the S and P five hundred, same for the Nasdaq, for the Dow Jones, for the total market, and it affects everything going forward, just as the dot com bubble did as well, interest rates, how Americans are thinking about their retirement, consumer spending. Don't forget how many of these dollars are flowing through the economy that are keeping up employment statistics, housing. I mean, there's so many different downstream effects of what the dot com recession, which we effetively were in recession for almost two years. After that period, it was not a good time. Remember we also had nine to eleven and even with that there was a huge public bailout, but the markets did not recover for quite some time. So I am very worried about this situation. No, you know, it's not about the fact that rich people have lost a bunch of money. It's that, especially today, America has a social contract. Our social contract is we don't have any social welfare beyond social Security. We have the number and the number has got to go up because if it doesn't go up, then none of us can retire. And with that, Americans are very very tuned in right now, just as they were back in two thousand and eight. It not only causes a lot of fear at the retirement level, it obviously restricts consumer spending, which is a disaster in an economy with seventy percent. Not on top of that, we've got tariff threats, some that are literally supposed to go into effect today and April second is the big one Donald Trump's words reciprocal tariffs. So all of that right now markets are spooked. Really with a takeaway that I've seen on Wall Street is he's not kidden around and this is bad for us. It could be good in the long run, could be you need to sell it to us though, you know, I remember the Biden administrations saying, oh, actually, what you're seeing and hearing is in all that is actually okay. Things are good at the fundamentals, or look in the future for where things are. Nobody, nobody in American politics has ever won a message with something like that. They need to have a lot of trust and a lot of faith they're going to put them through a period of pain.

Thing then, So it's just a blip, just a blip, don't worry about it. I'm not so sure that's the way that I would read it, especially when you take a look at the indicies. Let's go and put this up there on the screen. So we got the Dow Jones Industrial Average dropped some six points in the last month, and a couple I think two or three percent of that or sorry, six percent just in the last month, and a couple of percent just yesterday. Let's go to the next one, please, and let's take a look at that. Oh, there's the NASDAC down eleven percent on the month, down full four percent yesterday. NASDAK is a very tech heavy index. So that's another reason why you should pay attention. Let's go to the next one, the S and P five hundred, and what do we see there? That's right down seven point five percent they are in the last month. Keep in mind, things obviously could change, you know, by the time that we post this, but futures are not looking that great right now. I mean, basically a point five percent increase there in the S and P five hundred, but not erasing the multiple points that were dropped yesterday in the overall index. And the most worrying part of this is it basically is making a reality of something that we've really been warning about here on this show now for several months, if not years, which is just the way that these indexes are. Indices are so heavily reliant on these so called magnificent seven stocks. And today is a very inauspicious day if you're a technology investor. Let's go and put this up there on the screen. Today is exactly twenty five years to the day from when the dot com bubble burst. And if you read this, it's really interesting what the dot com bus can tell us about today's AI boom is quote today some investors are worried the same cycle is playing out when it comes to artificial intelligence. Even if that's the case, there is an important lester for investors. Ultimately, the early Internet hype did prove correct, but it took years for that to materialize. The economy was effectively in a recession. I went back and was reading some chapters from John Cassidy. He's a New Yorker reporter book and he wrote a book in three Call dot Com highly recommend it, and that book just nails the very similar way that we think about Nvidia, about Google, about Meta, about not only there not only the amount of capital that they were burning as much at the time, but in the similar way of the sky is the limit in the moonshot ideas that people had behind them. Now, not everything is as insane as diapers or Priceline dot com per se. But remember even a modest correction of let's say thirty forty percent for end Video, which still leave it massively valuable, that's a huge percentage of the S and P five hundred, same for the Nasdaq, for the Dow Jones, for the total market, and it affects everything going forward, just as the dot com bubble did as well, interest rates, how Americans are thinking about their retirement, consumer spending. Don't forget how many of these dollars are flowing through the economy that are keeping up employment statistics, housing. I mean, there's so many different downstream effects of what the dot com recession, which we effetively were in recession for almost two years. After that period, it was not a good time. Remember we also had nine to eleven and even with that there was a huge public bailout, but the markets did not recover for quite some time. So I am very worried about this situation. No, you know, it's not about the fact that rich people have lost a bunch of money. It's that, especially today, America has a social contract. Our social contract is we don't have any social welfare beyond social Security. We have the number and the number has got to go up because if it doesn't go up, then none of us can retire. And with that, Americans are very very tuned in right now, just as they were back in two thousand and eight. It not only causes a lot of fear at the retirement level, it obviously restricts consumer spending, which is a disaster in an economy with seventy percent. Not on top of that, we've got tariff threats, some that are literally supposed to go into effect today and April second is the big one Donald Trump's words reciprocal tariffs. So all of that right now markets are spooked. Really with a takeaway that I've seen on Wall Street is he's not kidden around and this is bad for us. It could be good in the long run, could be you need to sell it to us though, you know, I remember the Biden administrations saying, oh, actually, what you're seeing and hearing is in all that is actually okay. Things are good at the fundamentals, or look in the future for where things are. Nobody, nobody in American politics has ever won a message with something like that. They need to have a lot of trust and a lot of faith they're going to put them through a period of pain.

Yeah, and certainly Donald Trump has a vastly greater ability to sell a story to the American public than Joe Biden did. But as of right now, there is nothing. And I mean I think, you know, I have long thought that his policy was and sane and made no sense, especially given the economic landscape that we're facing today. But to your point, Sager, you know, for Hassett to say like, oh, this is just a blip.

Yeah, and certainly Donald Trump has a vastly greater ability to sell a story to the American public than Joe Biden did. But as of right now, there is nothing. And I mean I think, you know, I have long thought that his policy was and sane and made no sense, especially given the economic landscape that we're facing today. But to your point, Sager, you know, for Hassett to say like, oh, this is just a blip.

Yeah, sure, we're just we got the hangover from the Biden administration. We're dealing with.

Yeah, sure, we're just we got the hangover from the Biden administration. We're dealing with.

That, and you know, maybe there's a little adjustment period. Is the tariffs kick in, et cetera. It's hard to imagine. Maybe he's right, but it's hard to imagine that's the case when you have no end in sight of the sort of tumult and chaos. So, as Ager mentioned, you've got the imposition of the reciprocal reciprocal tariffs coming into effect on April second, So you know, all of the tariffs that were rolled back with regard to Canada and Mexico, those are supposed to be put back on at that point, along with additional tariffs, you know, levied against countries around the world. So it's going to be even larger action than the last one that he flirted with the last time we went through the teriffs. Are they on again, off again, et cetera. And also we should keep in mind, you know, we didn't roll back all of the terrors on Canada and Mexico, majority of them. The goods that are subject to the USMCA will rolled back, but there's still a significant portion of goods coming in from those countries that are subject to tariffs.

That, and you know, maybe there's a little adjustment period. Is the tariffs kick in, et cetera. It's hard to imagine. Maybe he's right, but it's hard to imagine that's the case when you have no end in sight of the sort of tumult and chaos. So, as Ager mentioned, you've got the imposition of the reciprocal reciprocal tariffs coming into effect on April second, So you know, all of the tariffs that were rolled back with regard to Canada and Mexico, those are supposed to be put back on at that point, along with additional tariffs, you know, levied against countries around the world. So it's going to be even larger action than the last one that he flirted with the last time we went through the teriffs. Are they on again, off again, et cetera. And also we should keep in mind, you know, we didn't roll back all of the terrors on Canada and Mexico, majority of them. The goods that are subject to the USMCA will rolled back, but there's still a significant portion of goods coming in from those countries that are subject to tariffs.

So you already have that.

So you already have that.

You have, as we're going to talk about in this show, potential shut down battle.

You have, as we're going to talk about in this show, potential shut down battle.

How is that going to go?

How is that going to go?

It looks like there continue to be some Republican holdouts. Are they going to ultimately buckle? The Democrats say that they are holding the line, so you've got that as well, and you've got you know, Doge and elons still doing their thing out there, imposing austerity at a time when you know, it looks like the economy is in danger of pulling back and even potentially retracting, if you believe what the Atlanta Fed has to say. So there's just a lot out there, and consumers are increasingly concerned consumer spending is soft and is retreating. You have the reverberating effects of the federal government cuts and freezes that are ongoing. So there are quite a lot of reasons to think that this is not, in fact just a blip.

It looks like there continue to be some Republican holdouts. Are they going to ultimately buckle? The Democrats say that they are holding the line, so you've got that as well, and you've got you know, Doge and elons still doing their thing out there, imposing austerity at a time when you know, it looks like the economy is in danger of pulling back and even potentially retracting, if you believe what the Atlanta Fed has to say. So there's just a lot out there, and consumers are increasingly concerned consumer spending is soft and is retreating. You have the reverberating effects of the federal government cuts and freezes that are ongoing. So there are quite a lot of reasons to think that this is not, in fact just a blip.

Now, it's hard to know these things in the moment. You know, if you.

Now, it's hard to know these things in the moment. You know, if you.

Look at that graph of what the market did during the Dot com crash. It's not like it was straight down, you know. There it would go to oh, and then it's recovering. Now it's going back to oh, it's recovering a little bit more. And so it can be hard to know what the ultimate trajectory is. And you know, there's no guarantees here as well, what direction the market is ultimately going to go in. But while you know, the gains in the stock market are disproportionately consolidated among the rich, everybody suffers when the market crashes because people lose their jobs, consumer spending drops. And there is a theory out there that that's actually kind of a plan from Trump that you know, he's worried that the tariffs could hike inflation, and one way to deal with inflation is basically to crush regular people so they have no money to spend in the economy, so that there's less demand, as you know, to combat the other pressures that would cause prices to increase. So that could what's going on here as well.

Look at that graph of what the market did during the Dot com crash. It's not like it was straight down, you know. There it would go to oh, and then it's recovering. Now it's going back to oh, it's recovering a little bit more. And so it can be hard to know what the ultimate trajectory is. And you know, there's no guarantees here as well, what direction the market is ultimately going to go in. But while you know, the gains in the stock market are disproportionately consolidated among the rich, everybody suffers when the market crashes because people lose their jobs, consumer spending drops. And there is a theory out there that that's actually kind of a plan from Trump that you know, he's worried that the tariffs could hike inflation, and one way to deal with inflation is basically to crush regular people so they have no money to spend in the economy, so that there's less demand, as you know, to combat the other pressures that would cause prices to increase. So that could what's going on here as well.

Yeah, they also call that the Federal reserve theory of politics. Let's also take a listen to Donald Trump on Air Force one being asked about a recession and how he will quote land the plane. Let's take a listen.

Yeah, they also call that the Federal reserve theory of politics. Let's also take a listen to Donald Trump on Air Force one being asked about a recession and how he will quote land the plane. Let's take a listen.

We're just about ready to land.

We're just about ready to land.

Are you worried about a recession?

Are you worried about a recession?

Maria Burdero will ask you, and he kind of hesitated. I'll tell you what, of course you hesitated? Who knows? All I notice is we're gonna take in hundreds of billions of dollars in tariffs, and we're gonna become so rich. You're not gonna know where to spend all that money. I'm telling you you just watch. We're gonna have jobs. We're gonna have open factories. It's gonna be great. And to play is landing and we gotta go. Thank you for a lot of good questions. Okay, thank you very much, everybody.

Maria Burdero will ask you, and he kind of hesitated. I'll tell you what, of course you hesitated? Who knows? All I notice is we're gonna take in hundreds of billions of dollars in tariffs, and we're gonna become so rich. You're not gonna know where to spend all that money. I'm telling you you just watch. We're gonna have jobs. We're gonna have open factories. It's gonna be great. And to play is landing and we gotta go. Thank you for a lot of good questions. Okay, thank you very much, everybody.

Thank you. So he still won't rule out a recession, even though his commerce secretary did and Fox News having a full blown freak out Fox Business over at Charles Gasparino is like kind of a what how would you say? It's he's kind of a business whisperer of the Fox business community. But he is definitely somebody who try has taken seriously. I know that for sure. Let's take a listen to what he had to say.

Thank you. So he still won't rule out a recession, even though his commerce secretary did and Fox News having a full blown freak out Fox Business over at Charles Gasparino is like kind of a what how would you say? It's he's kind of a business whisperer of the Fox business community. But he is definitely somebody who try has taken seriously. I know that for sure. Let's take a listen to what he had to say.

One thing that people need to do maybe is go back and maybe Scott Besson should do this. Read his old boss's book, George Soros, The Age of Turbulence, where he talks about herd mentality. The herd is really negative right now and it's focused all on tarrs and I think what Scott Bessen needs to do, that's a treasure secretary. I saw him at the Economic Club, and you know, it was a very wonky speech where it was all about.

One thing that people need to do maybe is go back and maybe Scott Besson should do this. Read his old boss's book, George Soros, The Age of Turbulence, where he talks about herd mentality. The herd is really negative right now and it's focused all on tarrs and I think what Scott Bessen needs to do, that's a treasure secretary. I saw him at the Economic Club, and you know, it was a very wonky speech where it was all about.

Tariffs and trying to explain it and all this stuff.

Tariffs and trying to explain it and all this stuff.

And at the end he starts talking about all the good stuff, the candy that's coming. We're getting good stuff coming for this economy and for the markets, and I think some of this is a sales job. They have to go out there and maybe stop talking about tariffs so much and start talking about how we're going to infuse the economy. We're we're going to release the animal spirits, we're going to deregulate stuff.

And at the end he starts talking about all the good stuff, the candy that's coming. We're getting good stuff coming for this economy and for the markets, and I think some of this is a sales job. They have to go out there and maybe stop talking about tariffs so much and start talking about how we're going to infuse the economy. We're we're going to release the animal spirits, we're going to deregulate stuff.

Bich he has said in the past. Yeah, No, I think those are enormously stimulative positive messages or businesses especially. You know, there's been a number of things in terms of depreciation on equipment, all that kind of that business really really loves. And also the enticement to you know, to open new businesses, which is something they want. They've got a lot of business coming in from overseas and building companies here in the United States. So all of that very positive. I think this whipsaw effect of that the tariffs are in, the tariffs are out, and I see it from you know, small business owners. We're trying to figure out their supply chain. You know, might do you to be more on this or less on that? Do I have to stockpile stuff at my factories so that I you know, don't get over understanded.

Bich he has said in the past. Yeah, No, I think those are enormously stimulative positive messages or businesses especially. You know, there's been a number of things in terms of depreciation on equipment, all that kind of that business really really loves. And also the enticement to you know, to open new businesses, which is something they want. They've got a lot of business coming in from overseas and building companies here in the United States. So all of that very positive. I think this whipsaw effect of that the tariffs are in, the tariffs are out, and I see it from you know, small business owners. We're trying to figure out their supply chain. You know, might do you to be more on this or less on that? Do I have to stockpile stuff at my factories so that I you know, don't get over understanded.

And is he serious or.

And is he serious or.

Is he using this as a negotiating tool.

Is he using this as a negotiating tool.

We don't know.

We don't know.

So there's always going to be turbulence in the in the in Trump in the Trump Economic Plan. But again, you've got to lead with your best shot, and the best shot here is the tax cuts. I will say this though, and here's another thing that I'm picking up. You get the impression that the that that the people in the White House say, well, our voters are not being affected by this.

So there's always going to be turbulence in the in the in Trump in the Trump Economic Plan. But again, you've got to lead with your best shot, and the best shot here is the tax cuts. I will say this though, and here's another thing that I'm picking up. You get the impression that the that that the people in the White House say, well, our voters are not being affected by this.

That you know, we had a very good base.

That you know, we had a very good base.

What percentage of Americans have money in the stock market.

What percentage of Americans have money in the stock market.

Well, you know, they all have for own case, but what percentage, how much? How big are there are four to one k's, And I think they're making a calculus that most Americans did not do well over the past four years. They got hitmid inflation, the economy was revved up by the government by Joe Biden, and people could speculate rich people in the stock market to get around it. Average Americans working class couldn't do that. That theory is going to be put to the test.

Well, you know, they all have for own case, but what percentage, how much? How big are there are four to one k's, And I think they're making a calculus that most Americans did not do well over the past four years. They got hitmid inflation, the economy was revved up by the government by Joe Biden, and people could speculate rich people in the stock market to get around it. Average Americans working class couldn't do that. That theory is going to be put to the test.

You know, he's actually making a good point there, which is the idea is that the stock market is only paid attention to by rich people. And I would say it's paid attention to the most by people who are rich. But that does not mean that people who don't have four oh one k's and or retirement are not paying attention. There's also something emotional about the stock market, as you and I know from covering politics, people feel very viscerally whenever they see it go down. I think as a measure of knowing so many times in the past, how when that thing starts to go down, that means my job is on the line. Yeah, that means that spending at my company is going to start to restrict that means you know X, y Z. There's been so many different periods where the recession, let's say from two thousand and eight, wasn't just about housing. Of course it was devastating, but those stock market drops had a real pullback effect, and there was huge problems with consumer sentiment, with unemployment, there were issues with mass layoffs and with firing, and a lot of that was financialization. So even if you don't care, you should pay attention simply because you're going to be affected by it. No matter what every American is. It's like the Federal Reserve, there's just the American financial system. This is the bedrock really of our entire social contract. Let's go to a seven, please, because this again just highlights the real danger that we are walking into right now. The seven most valuable stocks on Wall Street yesterday lost seven hundred and fifty billion dollars in market cap, the worst day for the Nasdaq since two thousand and two. Now, the reason why I think that this is really interesting in a dot com bubble way is if, again, if you look back to that time, nothing really happened in March of two thousand and one, nothing or in March of two thousand. There was no great precipitating event. It was just a confluence of factors. It was the Federal Reserve, it was asking questions, It was this panal. As you said, there was a bump a little bit later on that definitely happened. So people weren't one hundred percent in that day saying oh, it's all a fugasi. It's just that it took time to evaluate those and it was pushed off a cliff for a variety of reasons. It was almost like the straw that broke the camel's back. That is the problem that we have here with the tariff policy, with the chaos and with everything, is that the pullback the yo yo from that gives a lack of confidence of both to investors and to companies, which was restricting overall consumer sentiments. So across the board, all of the inputs and the outputs of the economy are very very uncertain right now, which means that we're going to see that not only the drop there, but potential ramifications. The White House has got to project confidence and faith with the people, which I don't think that they have done a good job at right now. There's just no there's too much uncertainty for both Main Street and Wall Street, and in both of those you are not going to see enough confidence from them to be like I can make a decision for one month from now, three months from now, or even people who are retiring. There's a lot of old people in this country. A lot of them decide when to retire based on their four oh one k you know, so what are they going to do? I wouldn't be too happy if I was sixty nine years old right now. I can tell you that.

You know, he's actually making a good point there, which is the idea is that the stock market is only paid attention to by rich people. And I would say it's paid attention to the most by people who are rich. But that does not mean that people who don't have four oh one k's and or retirement are not paying attention. There's also something emotional about the stock market, as you and I know from covering politics, people feel very viscerally whenever they see it go down. I think as a measure of knowing so many times in the past, how when that thing starts to go down, that means my job is on the line. Yeah, that means that spending at my company is going to start to restrict that means you know X, y Z. There's been so many different periods where the recession, let's say from two thousand and eight, wasn't just about housing. Of course it was devastating, but those stock market drops had a real pullback effect, and there was huge problems with consumer sentiment, with unemployment, there were issues with mass layoffs and with firing, and a lot of that was financialization. So even if you don't care, you should pay attention simply because you're going to be affected by it. No matter what every American is. It's like the Federal Reserve, there's just the American financial system. This is the bedrock really of our entire social contract. Let's go to a seven, please, because this again just highlights the real danger that we are walking into right now. The seven most valuable stocks on Wall Street yesterday lost seven hundred and fifty billion dollars in market cap, the worst day for the Nasdaq since two thousand and two. Now, the reason why I think that this is really interesting in a dot com bubble way is if, again, if you look back to that time, nothing really happened in March of two thousand and one, nothing or in March of two thousand. There was no great precipitating event. It was just a confluence of factors. It was the Federal Reserve, it was asking questions, It was this panal. As you said, there was a bump a little bit later on that definitely happened. So people weren't one hundred percent in that day saying oh, it's all a fugasi. It's just that it took time to evaluate those and it was pushed off a cliff for a variety of reasons. It was almost like the straw that broke the camel's back. That is the problem that we have here with the tariff policy, with the chaos and with everything, is that the pullback the yo yo from that gives a lack of confidence of both to investors and to companies, which was restricting overall consumer sentiments. So across the board, all of the inputs and the outputs of the economy are very very uncertain right now, which means that we're going to see that not only the drop there, but potential ramifications. The White House has got to project confidence and faith with the people, which I don't think that they have done a good job at right now. There's just no there's too much uncertainty for both Main Street and Wall Street, and in both of those you are not going to see enough confidence from them to be like I can make a decision for one month from now, three months from now, or even people who are retiring. There's a lot of old people in this country. A lot of them decide when to retire based on their four oh one k you know, so what are they going to do? I wouldn't be too happy if I was sixty nine years old right now. I can tell you that.

The one thing he could do is if he said definitively we're not doing the tariffs, that's what the markets really want to hear it.

The one thing he could do is if he said definitively we're not doing the tariffs, that's what the markets really want to hear it.

Or you could say we're going to do the tariffs, and it's because we're going to do them. It's six months and in that six month period companies have X, Y and z. In the tax bill that's coming up, you will have specific investment credits for taking care of this. I will make that an absolute priority of this White House. Then you actually don't need to have a market correction at all. Will give you a tax break if you build stuff here, and we won't have to have a selloff, and we can have terrort. You can have everything that you want right now, just not this way.

Or you could say we're going to do the tariffs, and it's because we're going to do them. It's six months and in that six month period companies have X, Y and z. In the tax bill that's coming up, you will have specific investment credits for taking care of this. I will make that an absolute priority of this White House. Then you actually don't need to have a market correction at all. Will give you a tax break if you build stuff here, and we won't have to have a selloff, and we can have terrort. You can have everything that you want right now, just not this way.

Maybe. I mean.

Maybe. I mean.

The thing is like that sort of defeats the whole policy of tariffs because if you're like they're ending in six months, then everyone will go, okay, then we're.

The thing is like that sort of defeats the whole policy of tariffs because if you're like they're ending in six months, then everyone will go, okay, then we're.

Just waiting the metal feel like we're not going to change their policy.

Just waiting the metal feel like we're not going to change their policy.

They're going to effect six months, So you have six months. You have to reshore, figure it out. You have to come to this government and you have to say here is X, Y and Z, and if you don't do it, you're going to be severely punished. No Fox cons No more Fox cons man. You know, it's like, but that's what real policy make maybe looks.

They're going to effect six months, So you have six months. You have to reshore, figure it out. You have to come to this government and you have to say here is X, Y and Z, and if you don't do it, you're going to be severely punished. No Fox cons No more Fox cons man. You know, it's like, but that's what real policy make maybe looks.

Like maybe, I mean, And that's the thing is like so much of his domestic policy has been outsourced to Elon who's just on this like radical Austerian austerity tour.

Like maybe, I mean, And that's the thing is like so much of his domestic policy has been outsourced to Elon who's just on this like radical Austerian austerity tour.

Yesterday he said.

Yesterday he said.

That entitlements need to be eliminated, social Security, Medicare, and Medicaid eliminated because those are quote unquote the big ones.

That entitlements need to be eliminated, social Security, Medicare, and Medicaid eliminated because those are quote unquote the big ones.

So you know, you've got that going.

So you know, you've got that going.

On, which obviously for average people is just a complete and utter disaster. You've got the government freezes going on. There's just a lot of headwinds at this point that are all directly generated by this administration and their decisions.

On, which obviously for average people is just a complete and utter disaster. You've got the government freezes going on. There's just a lot of headwinds at this point that are all directly generated by this administration and their decisions.

And I just don't think that people are going.

And I just don't think that people are going.

To buy this line from them that like, oh, if things are going poorly, it's all Joe Biden's fault, because I mean, Trump's been in charge for fifty days now, and it's quite clear he's doing a lot. We can, you know, have differing opinions about whether that a lot is good or bad. You guys know where I stand on that. But he's certainly doing a lot, and he owns what's happening in the economy now, you know, he really has taken control of it him and Elon, and he owns whatever happens from here on out. So, you know, to go back to Gasparino, I think it was interesting hearing what he was saying because it reminded me of a few things. First of all, it reminded me of all the wish casting that the business world in Wall Street did around Trump and what his policies would be. You know, there are a lot of things that have happened in this administration that I did not necessarily anticipate. Tariffs are not one of them. He was really clear, repeatedly on the campaign trail. Terras is the most beautiful word. I love tariffs, we're doing across the board.

To buy this line from them that like, oh, if things are going poorly, it's all Joe Biden's fault, because I mean, Trump's been in charge for fifty days now, and it's quite clear he's doing a lot. We can, you know, have differing opinions about whether that a lot is good or bad. You guys know where I stand on that. But he's certainly doing a lot, and he owns what's happening in the economy now, you know, he really has taken control of it him and Elon, and he owns whatever happens from here on out. So, you know, to go back to Gasparino, I think it was interesting hearing what he was saying because it reminded me of a few things. First of all, it reminded me of all the wish casting that the business world in Wall Street did around Trump and what his policies would be. You know, there are a lot of things that have happened in this administration that I did not necessarily anticipate. Tariffs are not one of them. He was really clear, repeatedly on the campaign trail. Terras is the most beautiful word. I love tariffs, we're doing across the board.

Terrors.

Terrors.

I mean, he was consistent. And if you didn't listen to that and take.

I mean, he was consistent. And if you didn't listen to that and take.

That seriously, like, I don't know what to tell you, because the man told you many many times that that's the direction that he was heading. So no one should be surprised when he moved forward with the plans that he himself repeatedly announced that he was going to put into place. The other thing it reminded me of is how Democrats would talk about like and still do act like their only issue is like a messaging problem, like that's what oh they need to, you know, just talk about the deregulation and just don't really talk about the terrors, like let's just pretend that is all not happening. No, especially when it comes to the economy, you have a reality problem. People have their own personal experience with the economy, and yes, they are subject to political narratives, and they are subject to changing their mind based on which president.

That seriously, like, I don't know what to tell you, because the man told you many many times that that's the direction that he was heading. So no one should be surprised when he moved forward with the plans that he himself repeatedly announced that he was going to put into place. The other thing it reminded me of is how Democrats would talk about like and still do act like their only issue is like a messaging problem, like that's what oh they need to, you know, just talk about the deregulation and just don't really talk about the terrors, like let's just pretend that is all not happening. No, especially when it comes to the economy, you have a reality problem. People have their own personal experience with the economy, and yes, they are subject to political narratives, and they are subject to changing their mind based on which president.

Is in power or what they are.

Is in power or what they are.

Leaders that are both trusted, you don't have to say about what the economic status is currently. But if you are looking at people are in the center, who are independents who could go either way in an election, they have their own personal experience with how things are going for them. I just don't think that you can spin and message your way out of real economic trouble. And it looks like we could very well be headed for real economic trouble. The last thing I would say, because we've made the dot com comparison and there are definitely there feels like there are some real echoes here with this, you know, technology that has yet to fully arrive, but there's a lot of speculation around it. The one thing that is very different though from this bubble versus that bubble is the fact that our eggs are in many fewer baskets this time around than last time. You know, the story of the dot com bubble was all of these startups that we're getting, you know, massive investment, and part of the pull back back starts when the Federal Reserve hikes rates and then they're financing becomes more expensive and lo and behold, they're not turning a profit yet, so you know, they're getting they're not able to get funding, and then there starts to be this gradual realization that a bunch of these things are just kind of like fake and not ever going to work and not ever going to really have a self.

Leaders that are both trusted, you don't have to say about what the economic status is currently. But if you are looking at people are in the center, who are independents who could go either way in an election, they have their own personal experience with how things are going for them. I just don't think that you can spin and message your way out of real economic trouble. And it looks like we could very well be headed for real economic trouble. The last thing I would say, because we've made the dot com comparison and there are definitely there feels like there are some real echoes here with this, you know, technology that has yet to fully arrive, but there's a lot of speculation around it. The one thing that is very different though from this bubble versus that bubble is the fact that our eggs are in many fewer baskets this time around than last time. You know, the story of the dot com bubble was all of these startups that we're getting, you know, massive investment, and part of the pull back back starts when the Federal Reserve hikes rates and then they're financing becomes more expensive and lo and behold, they're not turning a profit yet, so you know, they're getting they're not able to get funding, and then there starts to be this gradual realization that a bunch of these things are just kind of like fake and not ever going to work and not ever going to really have a self.

Sustaining business model.

Sustaining business model.

Here, I would say we have profoundly actually more risk because we have so much concentrated in these seven giant tech effectively monopolies. And that's what makes me really really nervous about this particular moment. You know, I think that Trump believes he can sort of control things and you know, put the terrafs on and take him off and let the market drop just enough so that he's comfortable and maybe flirt with a recession, but not go full recession or be able to pull back from that. Like I think he feels like his hands are on the levers in that way. But these things are really unpredictable and can have massive cascading effects that just get totally out of hand. And if you think that ordinary people don't suffer when the stock market drops, like I would recommend you go back and look at every major stock market crash and how ordinary people fared in the wake of that, because it ends up the pain does not just stay on Wall Street. The pain does not just stay with wealthy people or even with people who are looking towards retirement, and therefore a way and case has a massive reverberating effect throughout the economy.

Here, I would say we have profoundly actually more risk because we have so much concentrated in these seven giant tech effectively monopolies. And that's what makes me really really nervous about this particular moment. You know, I think that Trump believes he can sort of control things and you know, put the terrafs on and take him off and let the market drop just enough so that he's comfortable and maybe flirt with a recession, but not go full recession or be able to pull back from that. Like I think he feels like his hands are on the levers in that way. But these things are really unpredictable and can have massive cascading effects that just get totally out of hand. And if you think that ordinary people don't suffer when the stock market drops, like I would recommend you go back and look at every major stock market crash and how ordinary people fared in the wake of that, because it ends up the pain does not just stay on Wall Street. The pain does not just stay with wealthy people or even with people who are looking towards retirement, and therefore a way and case has a massive reverberating effect throughout the economy.

YEP, absolutely correct. So that's the last thing. I just want to make this point here. Yeah, let's put this up there on the screen. This is the changes in the S and P five hundred since the inauguration day of Trump's first and second term. And you can just see that yellow line going reel down in the first fifty days of the Trump administration as opposed to the first Trump administration, where even the drop that happened in even modest drops or whatever that happened, were overcome by some pretty overwhelming growth up to almost twenty percent in the first two hundred and twenty five days that he was in office. So keep that in mind. And that's certainly something that a lot of people who if you think back to especially the quote normal voter, like the voter who voted for Trump to restore normalcy, was like, listen, you know, we had a lot of issues. Sure it was chaotic, et cetera. But the stock market went up, and deregulation and the tax bill et cetera. Much more middle class, suburban type folks. And the big question here now is how working class voters, other populist voters who decided to back Donald Trump in a Hail Mary style for this election, how are they going to feel about much of this, especially if this continues. So we'll see, but I do think it's a significant problem for the White House, and if they don't adjust their messaging and policy soon, they could have a big, big problem on their hands.

YEP, absolutely correct. So that's the last thing. I just want to make this point here. Yeah, let's put this up there on the screen. This is the changes in the S and P five hundred since the inauguration day of Trump's first and second term. And you can just see that yellow line going reel down in the first fifty days of the Trump administration as opposed to the first Trump administration, where even the drop that happened in even modest drops or whatever that happened, were overcome by some pretty overwhelming growth up to almost twenty percent in the first two hundred and twenty five days that he was in office. So keep that in mind. And that's certainly something that a lot of people who if you think back to especially the quote normal voter, like the voter who voted for Trump to restore normalcy, was like, listen, you know, we had a lot of issues. Sure it was chaotic, et cetera. But the stock market went up, and deregulation and the tax bill et cetera. Much more middle class, suburban type folks. And the big question here now is how working class voters, other populist voters who decided to back Donald Trump in a Hail Mary style for this election, how are they going to feel about much of this, especially if this continues. So we'll see, but I do think it's a significant problem for the White House, and if they don't adjust their messaging and policy soon, they could have a big, big problem on their hands.

This sets up the spending bill because we've got more rocky road ahead of us this week, so Republicans planning to vote on what's called a continuing resolution to basically keep the government open. President Trump has been making the pitch like, just give me some a few more months so we can then tackle this out of control spending and pass our budget. So that's the pitch he's been making. Because, of course, you've got some people in the caucus who do not want to continue spending at the current levels. They're you know, into fiscal austerity and they're concerned about the dead and the deficit. People like Thomas Massey, who has been most consistent Republican on this issue, true, died in the wool libertarian and Tea party type, really concerned about smaller government.

This sets up the spending bill because we've got more rocky road ahead of us this week, so Republicans planning to vote on what's called a continuing resolution to basically keep the government open. President Trump has been making the pitch like, just give me some a few more months so we can then tackle this out of control spending and pass our budget. So that's the pitch he's been making. Because, of course, you've got some people in the caucus who do not want to continue spending at the current levels. They're you know, into fiscal austerity and they're concerned about the dead and the deficit. People like Thomas Massey, who has been most consistent Republican on this issue, true, died in the wool libertarian and Tea party type, really concerned about smaller government.

You know, he's not my.

You know, he's not my.

Political ideology, but I respect the fact that the man remains quite principled at times when it's very difficult, including on things like free speech in Israel. In any case, Trump is out now threatening Thomas Massey with a primary challenge. Let's go and put this up on the screen. He posted this on True Social He says, thank you to the House Freedom Caucus for just delivering a big blow to the radical left Democrats their desire to raise taxes and shut our country down. They hate American all it stands for. That's why they allowed millions of criminals invade our nations. Sometimes it takes great courage to do the right thing. Congressman Thomas Massey, a beautiful Kentucky, is an automatic no vote on just about everything, despite the fact that he has always voted for continuing resolutions in the past. He should be primaried and I will lead the charge against him. He's just another grand stander who's too much trouble and not worth a fight. He reminds me of Liz Cheney before her historic record breakings. Fault loss the people of Kentucky won't stand for it.

Political ideology, but I respect the fact that the man remains quite principled at times when it's very difficult, including on things like free speech in Israel. In any case, Trump is out now threatening Thomas Massey with a primary challenge. Let's go and put this up on the screen. He posted this on True Social He says, thank you to the House Freedom Caucus for just delivering a big blow to the radical left Democrats their desire to raise taxes and shut our country down. They hate American all it stands for. That's why they allowed millions of criminals invade our nations. Sometimes it takes great courage to do the right thing. Congressman Thomas Massey, a beautiful Kentucky, is an automatic no vote on just about everything, despite the fact that he has always voted for continuing resolutions in the past. He should be primaried and I will lead the charge against him. He's just another grand stander who's too much trouble and not worth a fight. He reminds me of Liz Cheney before her historic record breakings. Fault loss the people of Kentucky won't stand for it.

Just watch.

Just watch.

Do I have any takers anyway? Thank you again to the House.

Do I have any takers anyway? Thank you again to the House.

Freedom Caucus for you a very important vote. We need to buy some time in order to make America great again, greater than ever before. Unite and win soccer. You may know more about this than I do. I know Thomas Massey has faced primary challenges before.

Freedom Caucus for you a very important vote. We need to buy some time in order to make America great again, greater than ever before. Unite and win soccer. You may know more about this than I do. I know Thomas Massey has faced primary challenges before.

I don't think that he's faced one.

I don't think that he's faced one.

That was backed so directly by President Trump or been put on blast quite to this extent by President Trump.

That was backed so directly by President Trump or been put on blast quite to this extent by President Trump.

So you have to take that seriously.

So you have to take that seriously.

I will say, I think he has his own support base, and people in his district seem to really, you know, really appreciate him for the principled stances that he's been taking. But when you've got the combination of Trump, who has his cult of personality and Elon who has almost limitless money to fund said primary challenges, of course you have to ultimately take this seriously.

I will say, I think he has his own support base, and people in his district seem to really, you know, really appreciate him for the principled stances that he's been taking. But when you've got the combination of Trump, who has his cult of personality and Elon who has almost limitless money to fund said primary challenges, of course you have to ultimately take this seriously.

So what did you make of this move from Trump?

So what did you make of this move from Trump?

And doesn't betray sort of any nervousness about whether or not the CR is going to pass? Because I did see there were a few other Republicans who may continue to be holding.

And doesn't betray sort of any nervousness about whether or not the CR is going to pass? Because I did see there were a few other Republicans who may continue to be holding.

Be afraid because it's not just about the House. Don't forget. They've got to pass this thing through the Senate as well, and all the Democrats are currently on the record. No, they're gonna have huge problems being able to get this piece of legislation on the Massy front. I mean, look, like you said, I remember five years ago, I hated Thomas Massey because he voted against a lot of the COVID stimulus checks and he was, you know, holding it all up. You could say what you want about the guy, but I think what it has proven out is, like you said, he's principal. He's one of the rarest people in Washington. Right, there's like only four or five people like him in the entire United States Congress, including the Senate.

Be afraid because it's not just about the House. Don't forget. They've got to pass this thing through the Senate as well, and all the Democrats are currently on the record. No, they're gonna have huge problems being able to get this piece of legislation on the Massy front. I mean, look, like you said, I remember five years ago, I hated Thomas Massey because he voted against a lot of the COVID stimulus checks and he was, you know, holding it all up. You could say what you want about the guy, but I think what it has proven out is, like you said, he's principal. He's one of the rarest people in Washington. Right, there's like only four or five people like him in the entire United States Congress, including the Senate.

So if people having having people like him around.

So if people having having people like him around.

It's good. It's good for us to have wild cards. And it's not the Republic. It's not Massi's fault of the Republicans only have a two or three seat majority, right, It's like, it's why are we backing primary challenges against him? As you said, he'd been absolutely courageous on foreign eight, on Israel, he stood up to a pack free speech. I mean this got maha. I mean, don't forget. By the way, even on the Elon thing, it would be preposterous for Thomas Massey to speak out against Elon. Thomas mass was one of the first people in Congress to buy a Tesla, and if you'll all recall he Massey was on that call with Elon Musk when Ron DeSantis did his disastrous campaign launch. Thomas Massy loves Elon Musk and he loves Dose, So this idea is ridiculous that he's not, you know, in the camp. It's just that he is a libertarian and he doesn't want to vote for CRS and continued spending. He even said, he's like, look, according to you, Dose, you found massive fraud in USAID. This CR continues to fully fund USAID. So aren't you guys kind of full of it from the White House asking for full funding of an agency you say is corrupt. So what's up with that?

It's good. It's good for us to have wild cards. And it's not the Republic. It's not Massi's fault of the Republicans only have a two or three seat majority, right, It's like, it's why are we backing primary challenges against him? As you said, he'd been absolutely courageous on foreign eight, on Israel, he stood up to a pack free speech. I mean this got maha. I mean, don't forget. By the way, even on the Elon thing, it would be preposterous for Thomas Massey to speak out against Elon. Thomas mass was one of the first people in Congress to buy a Tesla, and if you'll all recall he Massey was on that call with Elon Musk when Ron DeSantis did his disastrous campaign launch. Thomas Massy loves Elon Musk and he loves Dose, So this idea is ridiculous that he's not, you know, in the camp. It's just that he is a libertarian and he doesn't want to vote for CRS and continued spending. He even said, he's like, look, according to you, Dose, you found massive fraud in USAID. This CR continues to fully fund USAID. So aren't you guys kind of full of it from the White House asking for full funding of an agency you say is corrupt. So what's up with that?

Right?

Right?

None of it makes it any sense? Now, you're right, he has survived multiple primary challenges. I was just looking back here.

None of it makes it any sense? Now, you're right, he has survived multiple primary challenges. I was just looking back here.

I know APAK came after Oh they came out and funded a primary challenge in twenty twenty. I don't think I don't think they even came close.

I know APAK came after Oh they came out and funded a primary challenge in twenty twenty. I don't think I don't think they even came close.

No, he didn't even break twenty percent. Yeah, year, And Massy is again he's one of those folks who is genuinely he's like Bernie. He's one of those people to me at least, where all the caricatures of him are bs. You know who he is. He's a principal guy in his votes, in the way he talks, in how I mean, He's made decisions which are some of the most inconvenient in all of Washington because of what he believes, and I think his constituents reward him for that, so broadly, I don't think that this will work. You know, people like him. Chip Roy is another example who Trump is currently backing a primary challenge against these these guys are you know, they actually believe what they say, which is one of the most rare things in the entire city. So I'm behind him one hundred percent, and I do think it's pretty ridiculous to primary him for the problems and the challenges that are a creation of this GOP caucus, not of Thomas Massey. It's not his fault. Also, by the way, you could easily have the CR pass if you had worked with Democrats, right, but you're not. You don't want to do that, right, There's a lot of different varieties. It's like this is just where they demand fealty to the king, and I think that's just ridiculous and.

No, he didn't even break twenty percent. Yeah, year, And Massy is again he's one of those folks who is genuinely he's like Bernie. He's one of those people to me at least, where all the caricatures of him are bs. You know who he is. He's a principal guy in his votes, in the way he talks, in how I mean, He's made decisions which are some of the most inconvenient in all of Washington because of what he believes, and I think his constituents reward him for that, so broadly, I don't think that this will work. You know, people like him. Chip Roy is another example who Trump is currently backing a primary challenge against these these guys are you know, they actually believe what they say, which is one of the most rare things in the entire city. So I'm behind him one hundred percent, and I do think it's pretty ridiculous to primary him for the problems and the challenges that are a creation of this GOP caucus, not of Thomas Massey. It's not his fault. Also, by the way, you could easily have the CR pass if you had worked with Democrats, right, but you're not. You don't want to do that, right, There's a lot of different varieties. It's like this is just where they demand fealty to the king, and I think that's just ridiculous and.

Not to overend analyze this, but also the comparison to Liz Change, yeah right, I mean these are scottiologically like wild different people.

Not to overend analyze this, but also the comparison to Liz Change, yeah right, I mean these are scottiologically like wild different people.

But to me, it's the perfect emblem.

But to me, it's the perfect emblem.

Of how politics in the Trump era just collapses down to the central divide are you with Trump or are you against him? And so if you go against him on anything, even though he's like completely I mean, he is probably the biggest Doge supporter, you know, he's all about the project of cutting government that Elon is engaged in that Trump has fully you know, thrown his backing for At this point he would be the number one guy in support of that. But because he dares to buck Trump on anything, then you get thrown in the category of Liz Cheney, which you know, for the Republicans, that's like the greatest insult you can possibly be imagined to be compared to a trader such as Liz Cheney. So I thought that was you know, interesting and very telling as well, let me go ahead and get into some of the details of this bill. I think Soccer makes a good point about one of the levels of absurdity about this is, of course, all the Republicans are claiming that the government is rife with all of this massive waste, fraud, and abuse, that some of these agencies should be destroyed and cut out entirely. Get here, you are whipping your entire caucus to vote to continue what you allege is massively fraudulent spending across the board and all of this government. So this is one of the things that a Thomas Massey would certainly be bucking. But I think let's put this up on the screen. They say, the ninety nine page legislation was slightly decreased spending overall from last year's funding levels, but would increase spending for the military. Don't worry, and a not to the concerns of GOP defense hawks that stopgap measures would hamstring the Pentagon. Would not include any funds for any earmarks for projects in lawmaker's districts or state, saving roughly thirteen billion according to Congressional Aids. Also provides a slight funding boost for ICE. An additional four hundred eighty five million, gives administration more flexibility on how the agency can spend. It also increases funding for the federal program that provides free groceries to millions of low income women and children, known as WICK, by about five hundred million dollars. The other line from Democrats is who I think are going to hang together and vote in locksteps. Certainly in the House, Schumer has been a little bit cagier about the direction there. But I know Takim Jefferies is whipping a no vote among the Democratic House members, and I think they're likely to stick with that, and all of them vote against this continuing resolution. Basically be like, look, y'all have the majority, go ahead, do your thing. Republicans did get a little bit of a boost because a Democratic member just died, so their majority has They now have like a four vote margin instead of a three vote margin.