I'm ecstatic over here I'm going he did that he did that he did that and he did that yep it's hilarious and kind of Awesome it's the geopolitical version of winning the lottery what would you do if you were president for a day.
03:38. What Trump is doing now is walking in with a sledgehammer and breaking everything far beyond that I think even what the most radical of and I believe the sincerely because I kind of know these people the most radical Libertarians don't have the stones to do what he's doing they say they do and they would get into the office and and you can just tell they're just not any good at winning. They don't know how to win they don't have any real intestinal fortitude they just like sniping from the outside and so they never walk in and actually do what was necessary because they wouldn't be organized enough to do it they wouldn't understand the massive problem I'm getting in there and having a team ready to go to implement and get everything done implementing in real real time the plan. And Trump, the failure of the first season of the Trump show there is that whole thing about how television is due season 1 was always kind of the test bed hey let's get the Riders to figure out what the characters are let's get the actors to figure out what their roles are and everything else and then we'll do a classic postseason review after a corrective Action Report worked what didn't get rid of this character get rid of these guys you know and then season 2, 3, and 4 are usually the best of any television show because they've done the beta test everybody's comfortable in their roles and no one has gotten tired of doing it no one's taking for granted anymore. That's where we are with the Trump show right now right now and you can see it it's everywhere and so many people don't realize that's what happened he just went to Davos on Thursday the 23rd he just spoke at Davos an hour ago and he basically did exactly what he did when he was in the Rotunda he told everybody who are his political enemies and everybody who has sold out the United States oh by the way your Traders is oh by the way we are tearing down everything you've built and we're going to do it in an hour because it's all brittle bullshit and that's it it's gone and he did the same thing at Davos and then he started doing Q & A, and I didn't think my life would get any better so I turned off the stream after I watched him turn to Brian Moynihan CEO of Bank of America who is asking him some milk toast? And said, "Oh by the way, Brian, I want your assurance that you're going to stop de-banking conservatives." At Davos, he told Brian Moynihan get your shit together or we're coming after you.
07:05. If the permanent bureaucracy fights him on half of what he's already put in motion it is still the most wildly successful presidency ever in the last interview you and I did you called it maubocracy how did Trump get into this position of power now this time around he understands how the game is played now he understands that you don't just assume the presidency the presidency is he's an executive if an executive does not have good VPS of each vertical he does not have good staff if they don't have good staff if they don't have clear directives then he can't get this done and then he also has to have some institutional support behind him which is what I've been arguing for years that we have a 12 trillion dollar bill back better bill we have leil Brainard at in control of the Federal Reserve the fomc we have all this stuff happening we never get off the zero bound we are already doing mmt we're already doing massive social credit scores we have bits and pieces of the whole social credit score system in place and it's because those projects have been on autopilot they got funded they've been moving forward and there's not any real way to stop them there's no way because that's what these people want to do they've got the money it's been allocated you've got a congressman you know you can't stop that system so much of the criticism about these things ignores the fact that inertia is a very real thing. It's in everything. In order to change anything, you first got to arrest the momentum and the inertia and shipped it back in the other direction and then of course there's going to be a legacy of those systems continuing. Our friends over at Davos, if I want to use a very Putinesque construction, our partners over at Davos seem to think that all they have to do is wait Trump out and then they can get back to doing what they were doing four years from now. That's not going to happen. By the time he's done none of it will exist because he understands that you have to root these things out root and branch and empower the people deeply embedded in every one of these agencies that has been beaten down and beaten into submission and who have been running around with their heads down like this for 30 years and I'm not rocking the boat no one else wants to now everybody's been empowered like go read some of these EOs that he's put out? You've got 90 days to catch anybody trying to obfuscate the fact that D E I hire let us know what it is doesn't matter whoever is doing it doesn't matter if you were complicit before all of it like he's empowering people to stand up and take control of their jobs or careers their government their livelihood and you know he's saying look it's up to you if you want to do it let's do it if you don't want to do it then we'll continue I'll figure out other things to get rid of. I've got plenty of work to do on my plate but I would like to get it all done.
10:47. Hindsight is 20/20 but if you really think about the stuff isn't Davos weren't they always bound to fail to begin with given their philosophical underpinnings of rewarding and competence wasn't it all predictable in a weird way to begin with?
11:11. Of course it was but the question is timing and remember what pieces of the infrastructure that get put in place permanently and I'm talking now specifically of the monetary system and the way Capital flows around the world if they were able to get all that architected then they could limp along for an awful long time and do an awful lot more damage along the way look at what they've tried to do in the last 7 months Bill Gates is out there still trying to vaccinate cows to keep them from farting and he's got EU countries destroying their cattle industry that's damage that's a war against humanity that's mass murder by proxy it's insane. And yet it's happening even though yes at a head level and intellectual level so you can say absolutely this is all going to fail because the problem with socialism is eventually you run out of other people's money and all the bombs that you like to throw around but the truth of the matter is that these systems and with incentives built within those systems to keep them running for as long as possible you can change them you can change the incentive structure but again it's going to be one of these things churning very slow turning the battleship so on and how many people are going to resist it so what Trump and his team have spent four years figuring out how do we minimize that inertia as much as possible? I did a podcast with Vince launch you the other day
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