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Anthony Scaramucci: Trump Is Waging War With "A 12-Year-Old's Mentality" | Pivot

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Anthony Scaramucci: Trump Is Waging War With "A 12-Year-Old's Mentality" | Pivot

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1752 segments

0:00

Look at me. Look at me.

0:01

>> Look at me, too.

0:02

>> I'm a normal [ __ ] guy. I can't

0:04

believe I thought I was a Ludy tune. I'm

0:07

in the bell curve of normal male

0:10

nuttiness.

0:17

Hi everyone, this is Pivot from New York

0:19

Magazine and the Vox Media Podcast

0:21

Network. I'm Carara Swisser. Scott is

0:23

off today and I'm joined by the man who

0:25

may or may not be running for president.

0:27

It's Anthony Scaramucci, the mooch,

0:30

lawyer, podcaster, and founder of

0:31

Skybridge Capital. Hello, Anthony. How

0:34

you doing?

0:34

>> All right, I'll stipulate right here on

0:36

this show. You're my running mate. We're

0:38

going to go for it, Carrie. You and me

0:40

the day after April Fools.

0:42

>> I'm your running mate. Let's flip that.

0:45

Strike that. Flip it.

0:47

>> Okay. You want to be the president?

0:48

Okay, great. I'll be your running mate.

0:50

Okay. I'll grow a beard like JD Vance.

0:52

Okay.

0:52

>> Yeah. Oh, please don't.

0:54

>> Emphasis on the word beard. Okay. What

0:56

are we talking about today?

0:57

>> All right, we're talking about Anthony.

0:58

There is so much going on. I just don't

1:00

even know. Explain people. You You put

1:01

up an a fake uh April Fool's thing about

1:04

running for president. Correct. And what

1:06

was

1:07

>> I thought it was I thought it was fun. I

1:08

mean, the reaction was sort of crazy

1:10

actually, but I I thought

1:11

>> I know. I thought it was real for a

1:13

second. Like why not given the craziness

1:15

of this world?

1:16

>> Well, I mean the truth of the matter is

1:17

we could be doing better than we are

1:19

doing right now. That's my honest

1:20

opinion. But I I I I've never felt that

1:23

political calling. But

1:25

>> my my uh my staff made up that mooch

1:27

2028 hat.

1:29

>> Yeah.

1:29

>> And they said, "Let's put this out for

1:31

April Fools." I said, "Okay." You know,

1:32

I I'm not going to play the jokes, you

1:34

know.

1:34

>> Yeah. Yeah. It was

1:35

>> Last year, I wrote that Elon Musk had

1:37

given me a job at Doge. A lot of people

1:39

thought that was true, you know. I don't

1:41

know. People I mean,

1:42

>> I don't engage in April Fools. It's odd.

1:44

I don't I get tricked by them a lot. But

1:46

I I I like it. I appreci I I believed it

1:49

for a second, honestly. I was like,

1:50

"What?" And I sent it to the staff. I

1:52

was like, "Is he running?" I mean,

1:54

again, you never know.

1:56

>> Let me stipulate. I'm not running. I'm

1:58

running for reelection in my marriage

2:00

and and and knows my wife.

2:02

>> How's the polling going? The

2:03

>> going I could be termlimited. That's the

2:05

one problem with my marriage. I'm

2:07

worried about that.

2:07

>> That's true. Your wife is

2:09

>> running for re-election in my marriage.

2:10

My wife has a political platform of

2:12

castration. So, I will not be running

2:15

for president. But anyway, it was a good

2:17

April Fool's joke.

2:18

>> Okay, Anthony, let's get to the news.

2:20

Donald Trump says uh the war in Iran is

2:22

nearing completion, but the US will hit

2:24

Iran extremely hard over the next two to

2:26

three weeks, bombing the country back to

2:28

the stone ages, which is just a lovely

2:30

term. Uh a 19-minute address to the

2:32

nation on Wednesday night, Trump tried

2:34

to justify the war, but didn't offer

2:35

anything new. It was rambling. It was

2:37

problematic. I think he didn't he made

2:39

he lied a lot. He also downplayed

2:41

concerns about economic fallout, calling

2:43

the spike in the gas price a short-term

2:45

increase and saying the straight of

2:46

hormuz would open up naturally after the

2:49

war. He said the same thing about co it

2:51

would end naturally, which it really

2:53

didn't. He didn't say anything about

2:55

putting um uh troops there or following

2:58

through on threats to leave NATO. He

2:59

talks about it but then doesn't do it.

3:02

Talk about the speech because I thought

3:03

it really was a big flat zero like a it

3:06

really was flat and nobody was paying

3:08

attention to it in a weird way. Although

3:10

the markets certainly were.

3:11

>> Yeah. Well, I mean, the speech is about

3:13

power. Okay. So, CBS News, still in

3:16

Trump's mind, the Tiffany Network, said,

3:19

"Hey, no problem. Our reality show

3:21

that's been on the air for 25 years,

3:23

Survivor, we're going to interrupt the

3:26

programming to bring you this speech."

3:28

So, it's not just going to be a cable

3:30

news speech. It' be a network speech.

3:31

Trump's like, "Hey, definitely doing

3:33

that." And so, that shows you a little

3:36

bit of the corruption of the media. Uh,

3:38

I think he has decapitated The reason

3:40

why your show is doing so well is that

3:42

he's decapitated corporate media. He's

3:46

got them chilled. He's got their lawyers

3:48

triple-checking everything they say. And

3:50

so Trump's looking at saying, "Hey, I'm

3:52

going to get attention and uh people on

3:55

me. I'm going with the speech, even if

3:57

it's a speech about nothing." But to

3:59

your point, the market said, "Oh, whoa.

4:03

We're likely going to have ground troops

4:04

in there. we're likely going to have a

4:06

really tough time and a result of which

4:09

it was full risk off after the speech.

4:12

So, and and you know, and people are

4:14

saying to me, they always say, "Oh,

4:15

Trump cares about the market. Trump

4:16

cares about the market." Trump doesn't

4:18

care about the market. Trump cares about

4:19

manipulating the market. Trump cares

4:21

about making money from the market for

4:23

himself and the people around him. He

4:26

doesn't care about your portfolio or

4:28

your market. He doesn't even care about

4:29

the polls anymore because he's not

4:31

running for reelection. And so guys, get

4:33

off of those notions of firstterm Trump

4:37

caring about the market and the poll

4:39

numbers. He has worse poll numbers than

4:42

Jimmy Carter did at the peak of the oil

4:45

crisis

4:46

>> in 1978, 1979. That poll numbers are

4:49

terrible. He doesn't care.

4:50

>> Doesn't care. So what how did you what

4:52

what was the reason for the speech? What

4:54

what is he doing? Why is he making such

4:55

efforts if he doesn't care?

4:57

>> The the the the the reason for the

4:59

speech and as an American

5:00

>> a weak speech. I think we'd agree.

5:02

>> Yeah. But but there was something he

5:04

said in the speech that people should be

5:06

listening to. And as an American citizen

5:09

that's still exercising my first

5:10

amendment right, I denounce it as an

5:13

American citizen. He said he's going to

5:16

bomb Iran into the stone age.

5:19

>> Right.

5:19

>> Okay. That was the reason for the

5:21

speech. And let me explain why that was

5:23

important.

5:24

>> That was important because I'm putting

5:26

the ground troops in. I have a

5:28

12year-old's mentality. Uh, and when I'm

5:31

moving stuff into the region, guess

5:33

what, guys? I'm not using that as a

5:35

leverage point. I'm using the stuff. So,

5:37

the 82nd Airborne is going in there. So

5:39

are the Marines.

5:40

>> 50,000 troops, right?

5:41

>> And but by the way, uh, you know, uh,

5:44

General Kaine told me that that booby

5:46

trap Car Island and they've got all

5:48

these little Vietnam like guerilla

5:50

things they're going to do to our troops

5:51

and our troops are really set up for

5:53

cold war army to army battle. So, I've

5:56

got to spend the next three weeks

5:58

blasting the living daylights out of

6:01

Iran before I can get the troops in

6:03

position. So, I'm going to give you the

6:05

speech and it's going to be I'm going to

6:07

bomb them back to the stone age speech.

6:09

So, this is going to be the speech when

6:11

historians look at the wreckage of

6:13

Donald Trump. They're going to say,

6:15

"What were you guys doing when you let

6:17

somebody that inhumane into the White

6:20

House?"

6:20

>> And so, in preparation for this, I

6:22

prepared something for you. Can I just

6:24

go over this very quickly? Go right

6:25

ahead.

6:26

>> So, it is not enough for MAGA the

6:29

following.

6:30

>> We're going to release the Epstein

6:31

files. Oh, wait a minute. Trump's in the

6:33

Epstein files. We're not going to

6:35

release the EPS files. We're going to

6:36

bomb people to distract from them. We're

6:38

going to bomb a school in Iran with

6:40

young kids in it, mostly women. We're

6:43

going to create alligator Alcatra, which

6:45

is this disgusting penitentiary for

6:48

immigrants in Florida that has sewage

6:51

backup. And we're going to laugh about

6:52

it while we're down there. We're going

6:54

to murder people in Minneapolis. We're

6:56

going to kidnap children and not even

6:58

know where we're sending them. We're

7:00

going to manipulate the markets. Cara,

7:02

we're going to take bribes, particularly

7:04

a big $400 million jet. And I'm going to

7:06

keep the jet after I leave. I'm going to

7:09

excoriate our allies that have been our

7:12

friends for over a century. And I'm

7:14

going to threaten to attack a NATO

7:16

country, Greenland. I'm going to [ __ ]

7:19

all over Canada. And then I'm going to

7:21

come after your first, fourth,

7:24

fifth, and 14th amendment rights in the

7:28

Constitution.

7:30

And oh, by the way, every price in

7:32

America is going to go up as a result of

7:34

my tariffs. And I'm going to lower uh

7:38

corporate taxes, big beautiful spending

7:41

bill. And so if you're making a million

7:43

dollars or more, you're going to get a

7:44

$7,000 benefit. And if you're making

7:46

$50,000 or less, I'm taking $500 of

7:48

benefits away from you and this is what

7:52

I'm going to do and you're going to shut

7:54

up and you're going to like it. MAGA,

7:55

you're still going to support me 34%.

7:58

But let me tell you what's going to kill

7:59

them.

8:00

>> It's the gas prices. So, it turns out

8:03

that the red line for MAGA Carris

8:05

Swisser are the gas prices because they

8:08

don't want to go into the 250th uh

8:11

birthday of America grilling hot dogs at

8:13

$8 a gallon in gas. And so, his approval

8:16

ratings are going into the gutter. But

8:20

everything I just read, including the

8:22

gutting of the Department of Justice,

8:24

and we could name 50 other things,

8:26

hollowing out USAID,

8:28

was acceptable to these

8:29

>> scientists attacking lawyers, attacking

8:32

media.

8:33

>> No, no NIH grants anymore. We're not

8:35

going to do any cancer research in the

8:37

country.

8:38

>> But you said he doesn't care. Like you

8:40

just said like doesn't care.

8:41

>> Doesn't care. So why do it

8:45

>> besid self self-promotion, self

8:47

argrandisement, self-interest?

8:49

>> He he he's doing it because he likes

8:54

putting people in pain. He's doing it

8:57

because he's a miserable sob and he's

9:02

doing it because anybody in his path

9:06

gets destroyed.

9:08

You know, some people say Neilist, other

9:10

people say nihilist, but that is him.

9:12

He's attacking Mcronone this morning.

9:15

>> Oh,

9:15

>> Mcronone is in his field of vision

9:17

today. Uh then he'll attack another

9:19

person. Last yesterday afternoon, he

9:22

said, you know, JD Vance is out there

9:24

negotiating this thing. If it works,

9:26

I'll take all the credit. If it doesn't,

9:28

I'll give him all the blank. That is

9:31

Donald Trump. I have

9:32

>> So, can I can I ask you is is it

9:34

cognitive issues? I mean, you spent it

9:36

seems like that that speech last night

9:38

was like s looked I hate to say it

9:40

looked like my mom on a bad day at the

9:42

at the at the at the nursing home.

9:45

>> Oh, okay. So, I'm the contrarian on this

9:47

cuz I've known the son of a [ __ ] for 20

9:49

years. It's slight cognitive issues, but

9:52

he's not in full-on dementia. He's an

9:54

80-year-old guy that's a little bit

9:56

forgetful. He's stooping a little bit.

9:59

He's lost some posture. Maybe his spine

10:01

is uh a little bit weakened through old

10:03

age. a whole bunch of inflam Speaking of

10:05

inflammation.

10:06

>> Yeah, inflammation. His ankles are

10:08

swollen, but he has not lost it. And

10:11

whether people like it or not, he has a

10:14

lot of energy for an 80-year-old. He's

10:16

moving himself around.

10:18

>> Okay? And so, but what it is, what it is

10:22

is hatred of self and projection of that

10:26

hatred onto others. And and you got to

10:28

see it for what it actually is. Okay.

10:32

The other the other thing is let's say

10:34

that I'm not saying anybody's an agent

10:36

of Putin, but let's say I was an agent

10:38

of Putin. Okay, let's just say

10:40

hypothetically I happen to be an agent

10:42

of Putin and I happen to oh, I happen to

10:44

be the president of the United States.

10:46

So, let me do the following. Let me go

10:49

after the NATO allies. Let me threaten

10:51

to pull out of NATO. Let me to pull aid

10:53

and material from Ukraine, excoriate the

10:56

Ukrainian president. Let me Oh, here's a

10:59

good idea. let me attack Iran and then a

11:03

result of attacking Iran, I'm gonna lift

11:06

the sanctions onions Russian oil

11:09

>> and I'm gonna lift the sanctions on

11:10

their ally Iran's oil.

11:13

>> So now the Russians are going to make

11:15

billions and billions of dollars off of

11:16

this which will help my buddy Vlad.

11:18

>> Mhm.

11:19

>> And uh I don't know, you tell me.

11:23

>> I don't know what he's doing. I I felt

11:25

like I was slightly cognizant, but you

11:27

know, he is having a rough week in

11:28

courts cuz courts are pushing back on

11:30

him everywhere you look. It was like 10

11:32

of them yesterday. Let's go through some

11:33

of his losses. A federal judge

11:35

temporarily halted construction on his

11:37

beloved White House ballroom, saying it

11:39

needs Congress's authorization, and

11:40

Congress doesn't seem to be moving on

11:42

it. Trump's executive order cutting

11:44

funding to NPR and PBS was struck down.

11:46

A judge ruling it violated the First

11:47

Amendment. Another judge ruled that

11:49

civil suit against Trump for his actions

11:51

on January 6 can go forward and that the

11:53

presidential immunity does not apply to

11:54

his speech that day. Uh talking to

11:56

supporters before they marched the

11:58

capital. And one more a judge in Texas

11:59

blocked a Trump back deal allowing

12:01

churches to endorse political

12:02

candidates. Trump also was at the

12:04

Supreme Court on Wednesday very briefly

12:06

listening to arguments out whether his

12:08

executive order will limit to limit

12:09

birthright citizenship is

12:11

constitutional. The justices seemed

12:13

skeptical and that's being kind. his

12:16

latest order restricting mail and voting

12:17

ahead of the 2026 election is already

12:19

facing legal challenges and he's gonna

12:21

lose. He's going to lose badly on that

12:22

one. So, pick a case, any case, and do I

12:26

mean, this is what he does. He

12:27

transgresses with illegal actions and

12:29

then everyone's picking up the pieces

12:31

and pushing back legally and he he does

12:33

damage in the wake. Um, what is he's

12:37

going to lose on every one of these

12:38

things? It seems like any does it matter

12:41

or what? Well, I see I don't I don't I

12:44

>> The only one he cares about is the

12:45

ballroom from what I can tell.

12:46

>> Well, see, I actually think there's a

12:48

bigger thing going on here because

12:50

remember Trump to a group of right-wing

12:53

intellectuals is an empty vessel. Okay,

12:56

so they they bought call options on him

12:59

on January 7, 2021.

13:02

Low point for Trump right after the

13:04

insurrection. Everyone said he was

13:06

politically dead. And so these

13:08

right-wing lunatics that couldn't get

13:10

the time of day of a Mitt Romney or a

13:11

George W. Bush, they said, "Let's team

13:13

up with Donald Trump. He's probably

13:15

going to come back. He still has lots of

13:18

MAGA popularity. And if he comes back,

13:20

we can take all of this intellectual

13:23

nonsense that we believe and we can run

13:25

the card table with Trump." So let's

13:27

talk about one of the cases, which is

13:29

the argument against birthright

13:31

citizenship. So remember, everybody's

13:33

looking at the case like, "Oh, he's

13:35

trying to repeal the 14th amendment.

13:37

Blah blah blah. He's going to lose the

13:39

case. Ho haha." I don't see it that way.

13:43

This is a maximalist position. Okay?

13:46

This is a group of people to Trump's

13:48

right, these intellectual imbeciles that

13:51

want to expand article 2 executive power

13:56

and they are pushing for a maximalist

13:59

position. Okay? So every fight whether

14:02

it's win or lose expands the boundaries

14:05

of what future presidents will try.

14:09

Carol and I think this is the point that

14:11

people need to

14:11

>> even if he loses like

14:13

>> even if he loses you just put on the

14:16

table that everything in this

14:18

constitution is negotiable.

14:20

>> You see what I just did? I I I went to

14:22

the court to intimidate them for my

14:25

base.

14:26

>> Didn't work. My base hates black and

14:29

brown people and they hate anchor babies

14:32

and I'm sending my base a message that

14:35

I'm fighting for them. Okay, but

14:37

imbecile let me just point out

14:39

something. If you let's say they ruled

14:42

with you, you would create a situation

14:45

that is ridiculous. Okay. And what is

14:48

that situation? you would have children

14:50

born in the country

14:52

>> that are actually have no citizens

14:55

rights anywhere because a lot of the

14:57

parents

14:58

>> the justices pointed that out the

15:00

justice

15:00

>> okay so that you would have that they

15:02

wouldn't be able to work legally in the

15:04

country they wouldn't be entitled to

15:05

schooling uh this is this is a

15:09

constitutional

15:11

>> why do the maximist thing when the

15:13

minimalist thing is how they get things

15:15

that's how they got to abortion they

15:16

slowly slowly slowly slowly

15:19

ate at it. This is this is going to

15:20

never be

15:22

>> brought up again for 20 years, 50 years.

15:25

>> Cara, I got three years to push and

15:27

shove you guys. Okay. Now, if I can only

15:30

get control of the elections, what I can

15:33

then do is install another rightwinger

15:36

to further weaken everything in the

15:38

constitution. You know, Peter Teal, he

15:40

says, "I don't like the Constitution.

15:42

The Constitution's very, very messy. I

15:45

don't like these people that I don't

15:47

agree with. I want the things to go my

15:50

way or the highway. And so I need the

15:53

orange wrecking ball. I've got three

15:55

years left. I got to smash into that

15:57

constitution as hard as possible. And

16:01

but and see and by the way, good news

16:03

for me. I've already weakened the

16:05

Constitution in the eyes of 30 40 50% of

16:10

the people.

16:11

>> So I got to keep going on this and see

16:12

this.

16:12

>> I see. So, they're going to just keep

16:14

trying to smash until they can't

16:16

>> until they can't, even if they don't

16:18

win.

16:19

>> But I have a question for you if you

16:21

don't mind. Are

16:22

>> we living, you and me?

16:24

>> Mhm.

16:24

>> Are we living in a rogue state?

16:28

>> Meaning

16:29

>> Okay. Well, we're Let's go over what a

16:31

rogue state is. Where

16:33

>> I know, but who's the rogue? Him or us?

16:35

>> Uh, well, I I have to say that our

16:38

government is the rogue. Yes. You know,

16:40

our government is the rogue.

16:41

>> Parts of it. Parts of it. Are we are we

16:43

living in a rogue state?

16:45

>> We're living in an executive that wants

16:47

to take more power than ever, which is

16:49

something that's happens in Silicon

16:51

Valley. It happens in which you're

16:53

trying to apply their Silicon Valley um

16:57

you spoke of Teal and the others Silicon

16:58

Valley management style to the

17:01

government which has been growing for

17:03

decades and decades and decades. That's

17:04

not a new fresh thing. and some used to

17:07

accuse Franklin Don Roosevelt of a

17:09

similar thing if you were, you know, I

17:10

was not alive then, but if you read

17:12

history, um, so I think there's always

17:14

been this push for unitary executive

17:17

power, it just tends to get pushed back

17:19

every single time.

17:21

>> Let me ask a different question then. If

17:22

if if a smaller nation

17:25

>> Mhm.

17:26

>> was indiscriminately striking another

17:28

nation in direct violation of law

17:31

>> Mhm.

17:31

>> and was applying

17:35

this type of violent behavior, would the

17:38

Americans, the old school American

17:40

governments be designating that country

17:43

a rogue state?

17:44

>> Yes. Yes, I would think so. But I think

17:46

it's a rogue group of people within the

17:48

state because I what what I've been

17:49

struck by is how um

17:53

enduring some of it is, right? You're

17:55

seeing push back everywhere. And I know

17:57

it's I think one of the things that I

17:59

think about a lot is it's very easy when

18:01

you when you run for office, you can be

18:03

and I don't like to use this phrase as

18:05

much, but a bombthrower, right? You can

18:06

make trouble everywhere. And when you're

18:09

governing, you change as a governor,

18:12

right? To govern things. And you you

18:14

aren't a bombthrower. So, this is a this

18:17

is a government that just never governs.

18:19

It bombthrows and breaks and doesn't fix

18:22

just like I mean the White House

18:24

ballroom is a perfect like it's it's a

18:26

construction pit. They just destroy. And

18:29

I don't even know if that ballroom's

18:30

ever going to get made. It's a it's a

18:31

kind of a physical manifestation of the

18:33

mentality of just destroy. And once

18:36

we've destroyed, we've won the we've won

18:39

the fight already because now we have to

18:41

the rest of us pick it up. Um, but I am

18:44

struck by the power of the push back

18:46

actually at the same time.

18:49

>> Well, there there's symbolism in

18:50

destroying that by the way. You know,

18:51

I'm here as a wrecker of everything.

18:55

>> And this is the thing that the Americans

18:56

have to answer. The American people have

18:59

to answer for the following.

19:01

>> You got a system that got put in place,

19:03

tremendous checks and balances,

19:05

tremendous processes. You had statesmen

19:08

and women abide to the system, even

19:10

Richard Nixon. and the system made you

19:13

the most prosperous country and arguably

19:16

one of the most if not the most powerful

19:18

country in the world and you've now

19:20

decided that you want to wreck that

19:23

system and so so and and I understand it

19:26

because you and I grew up with these

19:27

people so I understand it you want to

19:29

wreck the system because you think the

19:31

system is unfair to you there's a few

19:33

fat cats getting super rich and you're

19:36

in a full-on affordability crisis for

19:38

yourself and you've gone from

19:40

economically aspirating to

19:41

desperational. So Trump is your avatar

19:44

for anger. System's not working for you.

19:47

Blow up the system.

19:49

>> Yes. Yes. Yeah.

19:50

>> Okay. So but but that's going to re very

19:52

bad for people. The people that want to

19:54

blow up the system, it's going to really

19:57

hurt them.

19:58

>> Yes, it will be. I mean when I I know it

20:00

sounds crazy, but when I was in college,

20:02

two guys ran for pre the student body

20:04

presidency, right? And they had a whole

20:06

they basically had a nealistic thing

20:08

like we just want to party. we want to

20:10

spend all the money on ourselves. They

20:12

and they won, right? They won. They they

20:14

they people were kind of sick of the,

20:16

you know, the student body president

20:17

types um who wanted to do good

20:19

government. And there is a moment where

20:21

I think voters do like chaos, right? But

20:25

at some point they don't. They

20:27

absolutely do not. And I think it does I

20:30

think we'll be picking up from this guy

20:32

for centuries. Like it's not a century,

20:34

for decades. Um, and I think it's not a

20:38

good thing, but it isn't necessarily a

20:40

bad thing to have to be battered, right,

20:43

for a second, just to see what holds and

20:46

what needs to be fixed. And it does

20:47

allow us to reflect on who we are and

20:50

what we want to be. I mean, it is it's

20:52

kind of interesting that we're in this

20:54

250 this quarter, you know, the the 250

20:58

years and it says, okay, what doesn't

21:00

work? What does work? What do we need to

21:02

think about? And it does knock everyone

21:04

into a sense of what matters to them.

21:06

And I don't think I think it's a painful

21:08

way to learn something, but I think it's

21:12

a way to learn things. I do.

21:14

>> All right. So, this is a big question.

21:16

Okay. And I and I follow you and I love

21:18

your podcast and I and I read your

21:20

writings.

21:21

>> So, I'm going to I'm going to I'm going

21:22

to stipulate something. I'm going to ask

21:24

a very big question.

21:25

>> All right. So I believe that this is a

21:27

very young country and we don't have the

21:30

cultural mores of Italy, France,

21:34

Germany, you pick the country. Okay? Not

21:36

saying it's a bad thing, but I'm just

21:37

trying to explain to you what happens in

21:39

our country is we go into the [ __ ]

21:42

every 80 or so years. Yep, we do.

21:45

>> Okay. So 1776

21:47

into the [ __ ] civil war. Uh we've

21:50

lost all the institutional memory

21:52

because 80 years is enough where the

21:53

generation dies off. And then we go 80

21:56

years out from the Civil War. We're in

21:58

the Great Depression.

21:59

>> We go into the [ __ ] again. We have to

22:01

pull ourselves out of it. And then we

22:03

build the postw World War II society

22:06

along with our allies.

22:08

>> And we have this moment of great peace,

22:10

generally great peace and prosperity.

22:12

But we're 80 years out again, Cara. And

22:14

so now we're going into the [ __ ]

22:16

again, which

22:18

>> Well, we've been in the [ __ ] but go

22:19

ahead.

22:19

>> All right. Well, we're in the [ __ ]

22:20

but but America has been always in these

22:23

moments to your point that you just made

22:26

>> reflective,

22:28

redemptive, and then it renews itself.

22:31

>> However, that's right.

22:32

>> However, there's something going on

22:33

right now, and this is the car Swisser

22:35

question.

22:36

>> All right.

22:36

>> Something going on right now. The

22:38

proliferation of social media,

22:41

>> right? and the addiction of the social

22:43

media which has created this tribalism

22:47

and created these stove pipes silos.

22:51

>> Is this going to prevent us

22:54

>> from coming out of the [ __ ] Are we

22:55

going to be able to have a postpartisan

22:57

moment?

22:57

>> I think they're finished these cases

23:00

that are starting to build up. I think

23:02

people are it takes you know as you know

23:04

cigarettes 20 years

23:06

>> this is Philip Morrison then

23:07

>> this is Philip Morris again and

23:09

everybody is like just a [ __ ] second

23:11

and I think I know it sounds crazy but I

23:14

have so many people now coming up to me

23:15

after I wrote Burnbook which at the time

23:17

people are like oh you're so mean to

23:18

them they're such important innovators

23:20

people come to me now and they're like

23:21

you weren't mean enough you weren't mean

23:23

enough like you weren't tough enough on

23:24

them and I think people are suddenly

23:28

taking control of themselves whether

23:30

it's social media I think young people

23:32

are I've my sons I see that's an

23:35

anecdotal thing but I see people pushing

23:37

back across the globe against the tech

23:39

and I think the fact that the

23:40

technologist put theirs in with Trump

23:44

was the final moment of oh they are the

23:47

villains like the Marvel villains and I

23:49

think I I really do think there's a very

23:52

healthy push back happening and I don't

23:55

think I I I feel positive for the first

23:58

time that people understand

24:00

>> very optimistic

24:01

I hope so. It's very optimistic. I'm

24:02

going to say something does not reflect.

24:03

>> You're going to be opposite. All right,

24:04

we have to move on to Christine Nome's

24:05

husband's boo. 30 seconds. I'm going to

24:08

say something very does not reflect well

24:10

on me or Deardra.

24:11

>> I let the kids have the iPad

24:14

>> and it was ruining their personalities

24:16

and I let them have it for too long.

24:18

>> I've taken the iPad away from them and

24:21

the phones and all that other stuff.

24:22

I've got my children back.

24:24

>> They have been desified by that process.

24:28

Okay. So, a shout out to Jonathan Hayes.

24:30

Is that how you say his name? Jonathan.

24:32

>> And a shout out to Caris Swisser for

24:35

putting out the surgeon general's

24:37

warning label before the surgeon general

24:40

did that these stupid products give your

24:43

kids brains lung cancer. I know it's a

24:46

mixed metaphor, but

24:47

>> I'll tell you one one of the themes in

24:48

this series I did, the car sleep is

24:51

about chat the danger of chat bots with

24:53

kids. You know, I've been talking to the

24:54

parents and and doing interviews with

24:56

them. I think the the the the most

24:59

dangerous thing right now is

25:00

relationships with AI bots and the

25:02

sycopantic relationships. And I'll tell

25:04

you that I'll do a pl a plot spoiler

25:07

this entire series. Guess what the

25:09

number one indicator of longevity is?

25:11

You'll know.

25:12

>> Money, right? Or no?

25:13

>> Money. Money. Of course. Yes. Don't be

25:15

poor. But what's the actual number one?

25:18

>> Genetics.

25:19

>> No. Not sleep. Not diet. Not exercise.

25:23

>> Stress.

25:24

>> Friends and family.

25:25

>> Friends and family. Ah, that makes

25:26

sense. That makes sense. Community, not

25:28

just people, you know, but walking to a

25:31

coffee shop and saying, "Hey, how's your

25:32

day going?" I do that now all the time.

25:34

People, you know, they look down and you

25:36

go, "Hey, how's your day going?" They go

25:38

like this.

25:38

>> Mhm.

25:39

>> Like you can see them go, "Oh, I'm

25:42

okay." And I go, "Are you sure? Is

25:43

everything good?

25:44

>> Let me give it."

25:44

>> It's It's amazing. If you talk to people

25:46

you don't know and you have friends and

25:48

family around you, you live longer,

25:49

you're happier, you're healthier, it's

25:51

less costly. It's and and it's s and

25:53

it's not it's not um correlation, it's

25:57

causation. It's abs and and the more

25:59

time you spend with bots and online, the

26:01

sicker you're going to be.

26:02

>> Cara, I'm I'm loving you more every

26:04

every day. Can I put out a public social

26:06

message to billionaire dickweeds? Can I

26:09

just have a public social message? Hey,

26:11

hey, hey, billionaire dickweeds, are you

26:14

out there? Listen to me, okay? No more

26:17

asymmetrical relationships, okay? If you

26:19

don't call me, guess what? I'm not

26:21

[ __ ] calling you. You're not that

26:23

important. Okay? You have to take a crap

26:25

every day. You have to go to the

26:26

bathroom. You're really not that

26:28

important. So, you know what? I want to

26:30

live a long time. So, I'm going to have

26:33

symmetrical relationships and bilateral

26:36

relationships with people. If you think

26:37

you're too [ __ ] important to call me

26:39

back.

26:40

>> Yeah.

26:40

>> You're never getting another call from

26:41

me.

26:42

>> Okay. All right. Let's go to the next.

26:44

Speaking of this,

26:44

>> we're going to Christine because I

26:46

brought props.

26:47

All right. All right. Never mind. Let's

26:48

go on a quick break. When we come back,

26:50

SpaceX officially files for an IPO.

26:54

>> Support for the show comes from Back

26:55

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28:05

>> Anthony, we're back with more news.

28:06

SpaceX has confidentially fi I don't

28:08

know confidentially everyone knows about

28:09

it filed for an IPO. The filing puts the

28:12

company in track for a June listing

28:13

ahead of other upcoming massive IPOs

28:15

from OpenAI and Anthropic. There's a lot

28:17

of them coming this year. Uh SpaceX will

28:19

reportedly seek a valuation of 1.75

28:22

trillion. It's not making that much

28:24

money. Company will reportedly allocate

28:26

as much as 30% of the offerings to small

28:27

investors. That's nice. Um uh it's

28:30

really I'm going to go through a whole

28:32

bunch of market things but that's it.

28:33

They I think it's $15 billion in

28:35

revenue. the the numbers are really

28:37

crazy for this. It's highly overvalued.

28:39

At the same time, people will probably

28:40

run into it. Um, a couple things. Oracle

28:42

stock has been fluctuating after laying

28:44

off thousands of employees. Microsoft

28:45

dropped almost a quarter of its value in

28:47

the first three months of the year.

28:49

Worst quarter. Open AAI is beginning to

28:50

let individual investors access the

28:52

stock months before its planned IPO. Um,

28:55

lots of companies gotten hit.

28:57

Palunteer's gotten hit. It's really kind

28:58

of an up and down thing. talk a little

29:00

bit about the SpaceX IPO and and where

29:03

the markets are from your perspective

29:04

and and of course if you'd like Bitcoin,

29:06

tell us where what's happening there

29:08

since you're Mr. Bitcoin.

29:09

>> All right. Well, I mean I mean let's

29:10

start with SpaceX. I mean listen the

29:15

cult of personality around Elon Musk is

29:18

such where he gets an excessive

29:21

exogenous premium for his companies.

29:24

They they are off of the scale of

29:28

>> even if they're suffering like Tesla.

29:29

>> Even if they're suffering like Tesla,

29:31

they get enormous metrical valuation

29:35

numbers. Okay, you're talking about a

29:37

$1.65

29:39

trillion

29:40

>> 675 trillion valuation. He's going to

29:44

raise apparently $75 billion. So that

29:47

would crush the Saudi Arampo IPO record.

29:52

Okay. It's two to three times larger

29:53

than any IPO ever. Okay. And he does

29:57

have a good product with Starlink. We

30:00

have to we have to tell people

30:01

>> same thing with this

30:03

>> is good. But we don't know the revenue

30:05

splits yet between Starlink,

30:08

>> the launching business, the defense

30:10

business. We don't know the breakout of

30:12

the profitability. Okay. Okay. And we

30:14

also don't know the capex burn because

30:16

it it would feel like the Starship stuff

30:18

is a blast furnace, if you will, a blast

30:22

furnace of uh capex. Okay. Now, having

30:25

said that, I want to disclose this to

30:26

people. I do own SpaceX. I have

30:29

participated in one of the private

30:30

rounds of SpaceX.

30:32

>> Why did you do that? Because you thought

30:34

they they were far and away the biggest

30:36

provider.

30:37

>> I I I did that because I see this

30:40

Starlink being worth a fortune for him.

30:43

And I see this idea, and I'm not saying

30:46

it'll happen, and this is why it's

30:47

venture capital in my portfolio, but I

30:50

see the notion that creating

30:53

interstellar or orbital data centers,

30:56

uh, where you're getting the energy from

30:58

the sun and not from the electricity

31:00

grid and you're beaming it back down to

31:02

Earth using satellite technology. I

31:05

think that's near near science fiction.

31:07

I think that become science fact and I

31:10

think he's well positioned to do it. I

31:12

also think that he's merged Grock into

31:16

this and I think Grock on its own which

31:19

I again full disclosure I was an

31:21

investor in XAI I mean I think you know

31:24

this Antonio Gracias and I worked

31:26

together at at Goldman uh obviously I

31:29

would have been smarter to invest

31:30

earlier but he's been helpful in getting

31:32

me access to these investments and for

31:34

me in my venture portfolio that side of

31:36

my portfolio I think this guy has done a

31:40

very good job of executing ing uh and

31:43

the valuations may be high but what I've

31:46

learned in life and you and I are for

31:48

I'm 40 years as an investor uh I missed

31:51

out on a few things early like Amazon

31:54

because I was reading Warren Buffett's

31:56

annual reports and the valuation for

31:58

Amazon was too high but ultimately the

32:00

guys that bought Amazon were right. I

32:02

missed it. Uh and it was a big miss for

32:04

me. you know, a $10,000 investment in

32:06

Amazon on the May 15th, 1997 IPO is

32:10

worth almost $20 million today, right?

32:12

And so I want to have a few things,

32:13

>> although it could have been touchandgo.

32:15

There was a point where Amazon

32:17

>> and we could be five years from now, if

32:19

you're kind enough to invite me back on,

32:20

we could be saying that was a big miss

32:22

for SpaceX. That was a big miss. But

32:24

again, what I would tell investors is

32:26

you got to have a little bit of your

32:28

portfolio

32:29

in the dream because it is America and

32:32

we have to believe in that dream. Now I

32:34

have most of my portfolio in stocks and

32:36

bonds and I have most of my portfolio in

32:39

the garden variety S&P 500 some

32:41

Berkshire Hathaway etc. But I do I do

32:43

own this stuff but

32:45

>> would you would you buy open AI in

32:48

comparatively now they're in a much more

32:50

competitive position now yeah with

32:52

Anthropic and others or or would you buy

32:54

anthropic? So I own both

32:56

>> and uh you know I had this nightmare

32:59

situation with Sam Bankman Freed which

33:00

I've well documented and talked about

33:02

but one of the things he did for me

33:04

>> he bought Anthropic

33:05

>> he brought anth he told me to buy

33:07

Anthropica and I bought Anthropic very

33:09

early

33:10

>> and let me tell you how this works in

33:11

life. Anthropic is up 140 to1 from where

33:16

I bought it in terms of its current

33:18

private market valuation. So anthropic

33:21

is a larger percentage of my net worth

33:25

than certain legacy assets that I have.

33:28

Cara and so this is another reason why I

33:30

always tell people you it's okay and by

33:32

the way you don't have time in the day

33:34

for all my zeros and all my stupid

33:37

decisions and stuff. You know I had

33:39

Travis Kalanick is that he said I had

33:41

him in my office $50 million valuation

33:43

for Uber. I said, "Wait a minute. An

33:45

unknown guy in an unknown black car is

33:48

going to drive my 16-year-old daughter

33:49

around Manhattan. Get out of my office.

33:52

>> Get out of Get out of here."

33:53

>> And I and I missed it. Right. So, I'm I

33:55

I I'm I can give you all my losses as

33:57

well,

33:58

>> right?

33:59

>> But but you got to me

34:01

>> I believe that you have to have some of

34:03

these in. So, Open AI has its

34:06

challenges. Obviously, he's fighting it

34:08

out with Elon and all the different

34:10

things that we could describe, but I

34:12

think he's got lots of market share and

34:14

I think he's going to grow his market

34:15

share and right and by the way, I think

34:16

Claude is going to win Anthrop is going

34:18

to win his case against the government,

34:19

Trump's going to lose that case, too,

34:21

>> right? So, when you look around, you're

34:22

like, look, take these risks and as long

34:24

as it's like it's not a a situation

34:26

where it's not a real business, right?

34:28

And in this case, um, Starlink is a real

34:31

business. The rocket business is a real

34:33

business. is a much smaller business

34:35

than ever than the valuation by far.

34:39

Especially when you you you zero out it

34:41

against a Facebook like it's it's worth

34:43

more than Facebook and Facebook has a

34:45

talk about a real real business that's

34:46

like a significant and ongoing business

34:49

and the threats Scott feels like there's

34:51

a real moat that they have. I never

34:53

think there's any moes ever especially

34:55

when you look at Tesla how quickly when

34:57

a couple years ago I was like Tesla's

34:58

going to get killed by China and

35:00

competitors and everyone's like no

35:02

Tesla's the winner. I'm like, there's no

35:04

way they're keeping a 70% market share.

35:06

It's not happening. And of course, it's

35:08

gone down and down and he lost interest

35:09

in it. And instead of putting out really

35:12

innovative cars, he put out the Cybert

35:14

truck, right? And so you once I saw the

35:16

Cybertruck, I'm like that this thing is

35:18

watch out below. But his particular, as

35:22

you said, uh you know, he has a lot of

35:25

misses, but he has a lot of wins. And so

35:27

you kind of have to go with him in that

35:28

regard in this particular thing. What

35:30

will you be looking for specifically in

35:33

>> just one thing because this is something

35:35

we have to accept and that's called

35:37

memeification.

35:39

>> And so we have to accept that there's a

35:42

prolific number of bewarming retail

35:46

investors, Wall Street bet like

35:49

investors

35:51

that are with Elon and that there's a

35:53

personality cult around Elon that is

35:57

affecting valuation. And by the way,

36:00

they are way sturdier than any of my

36:03

shortselling buddies

36:06

>> thought. And they've knocked out a lot

36:09

of my short selling buddies.

36:11

>> So I would just tell people, listen, I'm

36:13

a I'm a market realist, okay? I'm not a

36:16

market purist,

36:18

>> okay? I Yes, I've read Buffett and

36:19

Buffett is the papay uh edict giver of

36:24

value. You know, we're gonna get to

36:25

Bitcoin, but Buffett thinks Bitcoin's

36:26

rat poison or rat poison squared and all

36:29

this other stuff. But the the point I'm

36:31

making is that I'm a market realist, not

36:34

a market idealist. And this man, Elon

36:37

Musk, has a memeification

36:40

in bed in him. It may not last forever,

36:43

but there's a memeification in bed in

36:45

there. And that I am not too proud or

36:50

too idealist to take advantage of it.

36:52

Okay, that's all. You know, it was

36:53

interesting. I one time I called

36:55

Berkshire H because he had never made an

36:57

internet investment. This was a decade

36:58

ago or more, more than that. It was more

37:00

than that. And I called up to ask him. I

37:02

wanted I was doing a was the Wall Street

37:04

Journal, so it was a long time ago. And

37:06

I I called up and I said, "I'd like, you

37:07

know, I thought I was going to get a PR

37:09

person." And the phone rings through and

37:11

it's him. And I was like, "Oh, hi, hi

37:14

there, Warren Buffett." And he's like,

37:16

"I just don't believe in this internet

37:17

thing." And I was like, "I think you're

37:18

wrong. I can't believe I'm giving you

37:20

advice, sir." Um but he was very much

37:22

against internet investments and he he

37:24

admitted he was wrong about it much

37:26

later like that he was wrong about all

37:27

of them and there is some value in

37:30

understanding it's going to take a while

37:31

for people to catch up to Musk in this

37:34

area but as I always say they will catch

37:36

up because it's a great market right as

37:38

you say if we have these data centers in

37:40

space if you think he's going to be the

37:42

only one running the show you're

37:44

absolutely wrong people will r greedy

37:46

people will rush into the business

37:48

whether it's Amazon with Kyper or

37:51

whatever. Um, it's it's going to be a

37:53

lot of people, but it'll take his

37:55

attention, which he it fell away from

37:59

because I think he he got redpilled in

38:01

many ways. Um, it'll if if his attention

38:05

waines, it's in trouble. If it doesn't,

38:08

it's hard to compete with him and his

38:10

meme vacation, as you talk about. I

38:12

think you're right.

38:13

>> Portfolio approach. I own a lot of them

38:15

and and some of them will work, some of

38:17

them won't. But my lesson from 30 years

38:20

ago is I wasn't bold enough. And and and

38:23

again I'm talking about 5% 7% of the

38:26

capital,

38:26

>> but not the whole thing.

38:27

>> Yeah, that's all

38:28

>> right. What very briefly, Bitcoin? We

38:30

got to get to their stories.

38:32

>> Uh after Bitcoin is in a significant

38:34

bare market. Uh Bitcoin uh Bitcoin got

38:38

hurt by Trump. Uh, I know the Trump

38:40

lovers and the Trump crypto lovers don't

38:42

like me saying this, but I said when

38:44

those meme coins came out, Trump and

38:46

Melania memecoins, he's going to crush

38:49

us. He's going to hurt us because he

38:50

hurts everything that he touches. And so

38:52

what ended up happening is the

38:54

regulation that should have been passed

38:56

uh didn't get passed because of the

38:58

hatred of Trump. And so so a result of

39:01

which we're in a typical Bitcoin bare

39:03

market. So it's 66,000 almost

39:06

>> 66,000 but it's been pretty sturdy

39:08

during the Iranian war.

39:10

>> And I I would

39:11

>> but it hasn't rushed upwards which one

39:12

would

39:13

>> but I would say to Bitcoin enthusiasts

39:15

this is a typical four-year cycle having

39:18

cycle situation this point in the cycle

39:21

Bitcoin loses roughly half of its value.

39:23

It did. I'll make a prediction on your

39:26

show. I've been humbled by markets

39:28

probably could be wrong. I think the

39:30

$60,000 bottom is in for Bitcoin and I

39:33

think that Bitcoin starts to rally in

39:35

the fourth quarter, which would be

39:38

consistent with the 4-year cycle of

39:41

Bitcoin. So, even though you've got more

39:44

buyers in Bitcoin, you were offset by

39:47

whale selling in the last 12 months. And

39:50

guess what? You got the typical

39:53

four-year cycle of Bitcoin. And since

39:55

I'm a long-term holder, I'm okay with

39:58

that. I mean, you're right. Trump came

40:00

in and made a mess of it by by all the

40:02

shitcoins, all the all the scams, and so

40:04

it it linked to Bitcoin quite

40:07

>> and he sucked so much money, political

40:09

donations into his coffers from guys

40:12

that thought Trump was going to help

40:13

him. He doesn't help people.

40:14

>> He doesn't help people.

40:15

>> He doesn't like people because they

40:16

don't like the trough. We are in the

40:18

trough of Bitcoin. All right, I'm going

40:20

to keep that prediction. We'll find out.

40:21

Um, all right, Anthony, we're going to a

40:22

quick break. When we come back, we'll

40:24

talk about those photos of Christine

40:25

Gnome's husband. Support for this

40:28

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Morgan Stanley.

41:11

Anthony, we're back and Scott is going

41:12

to be very sad he's missing this one.

41:15

Christine Gnome is quote devastated and

41:18

blindsided by the allegations that her

41:20

husband is it Brian's activities in

41:22

online fetish communities. Earlier this

41:24

week, the Daily Mail published an

41:25

investigation into Gnome's husband,

41:27

which included a photo of him wearing

41:29

pink hot pants and fake breasts with

41:30

nipples. Uh, the story also alleges he

41:33

spent at least $25,000 communicating

41:35

with WIMO of women in the bimboication

41:37

scene. I didn't know about this, but

41:39

fascinating, which fetishes people with

41:41

surgical enhancements. Republicans are

41:43

party family values. These this couple

41:46

was particularly performative. I I don't

41:49

know what to say here. I I just don't

41:51

know.

41:51

>> I'm in hot water with my mother-in-law

41:53

because last night when I came home, I

41:54

said, "Ma, were you in one of those chat

41:56

rooms?" She got pissed. Oh, no. Was bad,

41:58

right? But look at me because I know

42:00

Scott Galloway isn't here.

42:01

>> I got a picture.

42:02

>> But I brought pops. See? Pops. See?

42:05

>> What is that? Is that them?

42:06

>> Those are boobies. They're actually

42:08

dodge balls that my kids play with. But

42:10

you could put the boobies on. Do you

42:11

want me to send you them?

42:12

>> No, I don't.

42:12

>> Do you want to wear these later or

42:14

>> No, I do not. Do not dare. Don't you

42:15

dare put them on.

42:16

>> Okay. I'm not putting them on because I

42:18

don't want to make fun of somebody. But

42:19

I just say I did bring

42:20

>> Let me say let me say what I think. I

42:22

feel sad for this guy because I think he

42:24

has um I I um Listen, I'm from San

42:27

Francisco. If you want to marry a goat,

42:29

I'm pretty okay with it. Not great with

42:31

it, but that's okay.

42:32

>> I'm okay with it.

42:33

>> Yeah. Uh I think it's it's he obviously

42:36

has an interest and I don't I find

42:37

fetishes somewhat interesting and I

42:39

think you should express yourself and

42:40

it's not hurting anybody, right? Is it

42:42

really hurting anybody that he likes

42:43

this? No. He seems he see my part is he

42:46

seems very sad about liking it, right?

42:49

And that you know some of these actually

42:51

some of the women he was he hired are

42:53

actually quite wise. I have to say some

42:56

of these sex workers are like well he

42:57

really liked it and he seemed sad and I

42:59

was trying to make him have fun because

43:01

he seemed stressed and they're the most

43:03

reasonable people in this entire affair.

43:05

Um so I felt bad for him that he had

43:07

this furt of life and he couldn't

43:09

express himself. That's one. I also

43:12

think he's in huge hypocrite in that all

43:14

this performative religious stuff when

43:16

he's has a life that's more interesting

43:19

and more unusual and he should have that

43:21

life without feeling shamed shame

43:24

himself in her case. I do think uh she

43:27

did know about it. I suspect she did. I

43:29

don't think it's any excuse for her

43:30

behavior with uh Cory Luwendowski. I

43:33

don't I think I part of I put this stuff

43:36

up saying I felt sad for this guy and

43:38

everyone's like don't you know that Cory

43:39

Luwendowski leaked this to get the focus

43:42

off of them and their and what we should

43:44

be focusing on not this poor guy which

43:47

is sad but uh for him I wish he enjoyed

43:50

himself more as I said um but on their

43:53

on their grift right their enormous

43:55

grift and what happened there and the

43:57

investigations into the two of them and

43:59

their behaviors in there and by

44:01

extension Donald Trump should continue

44:03

and focus in on those two.

44:06

>> We've normalized corruption, which is

44:08

hopefully we'll have to come back from

44:10

that as well. But we will.

44:11

>> Here's here's three quick things I would

44:12

say. Number one, you're coming down from

44:15

heaven and you're on the assembly line

44:17

and there are some fetishes like feet

44:19

fetishes or eyelash fetish. I don't know

44:21

what the fetishes are, but then the

44:23

supervisor stops the assembly line and

44:25

brings out the inflatable boobies and

44:27

said, "Hey, we're sending you to Earth

44:29

with these." Okay. I mean, that was a

44:31

rough one. Okay. So, I feel bad for the

44:32

guy because I think you're born with

44:34

that maybe. Number two,

44:36

>> okay, MAGA men

44:38

>> are repressing a lot of stuff and you

44:40

know that my buddy Don Lemon tells me

44:43

that the Grinder stuff lights up at all

44:45

these Christian conservative things.

44:48

Okay, we spot Lindsey

44:50

>> Graham with the magic wand down in Walt

44:52

Disney World.

44:53

>> Yes. Just so people don't know, he was

44:55

at Disney World with a little mermaid

44:56

bubble wand in one photo and waiting in

44:58

line for Space Mountain in another. He

45:00

said he was meeting with Trump and Steve

45:02

Whitoff and then went to Orlando to meet

45:04

friends just for a quick You never go

45:05

quickly to Disneyland. Um

45:08

>> look look look the the problem is the

45:10

repression is the problem, right? Like

45:12

so to me

45:13

>> I'm going to tell you that MAGA men are

45:17

repressing a lot of stuff and then

45:20

they're taking it out on the rest of us,

45:21

right? Like if you read The Velvet Rage

45:24

by Allen DS,

45:26

>> okay guys, relax. Whatever it is,

45:29

whatever your orientation is,

45:31

>> let it go. Nobody cares. Okay, we're in

45:33

a totally different environment.

45:34

>> The fine words of Frozen. Let it go.

45:36

>> I I Yeah, exactly. I think these guys

45:38

are

45:39

>> can't hold it back anymore.

45:40

>> You know, you know this, Cara. Born in

45:43

the

45:43

>> I let it go a long time.

45:45

>> Born in the 40s and 50s

45:47

>> and with all of that repression. Okay.

45:50

And who the hell knows what Donald

45:52

Trump's father did to him as a kid? The

45:55

guy's a repressed sad guy, okay? He's

45:58

decorating the Oval Office like

46:00

Liberace. He wants the ballroom. He took

46:03

over the Kennedy Performing Arts Center.

46:06

He wants to take his pain out on us.

46:09

Calm down. Let it all go. Okay? And I

46:13

feel bad for this guy, but I'm telling

46:16

you, this type of repression, for some

46:19

reason, has found its way into our

46:21

politics. And then the last point, cuz I

46:24

had three last.

46:25

>> That's a serious point.

46:26

>> The last point. Look at me. Look at me.

46:28

>> I thought you were just going to make

46:29

booby jokes, but go ahead.

46:30

>> Last point. Look at me. Look at me.

46:31

>> Look at me, too.

46:33

>> I'm a normal [ __ ] guy. I can't

46:35

believe I thought I was a Ludy tune. I'm

46:37

in the bell curve of normal male

46:41

>> nuttiness.

46:42

>> I know. But let me ask you,

46:43

>> crazy. I I thought I was nuts until I

46:45

met these [ __ ] people.

46:46

>> No, you're totally boring compared to

46:48

most of these people. I'm living.

46:50

>> What does it do to What does it do to

46:52

She has no political prospects now,

46:54

correct? Or will she go the I didn't

46:56

know I'm a

46:57

>> victim. They took They took the couple

46:59

hundred million off the ad thing. So,

47:01

what did they do? They put the $200

47:02

million into the ad thing. They hired a

47:05

consultant. The consultant skimmed like

47:07

they do with these political action

47:09

committees. Let me let me tell people

47:10

from Pivot, guys, never put any money in

47:14

a political action committee because

47:16

what they do is the cronies at the top,

47:20

they skim all the money and they charge

47:22

a 15, 20, 30% advertising consulting fee

47:27

and they're laughing at you. They're

47:29

laughing at you. Okay. So, what Gnome

47:31

and Corey did was took the money, okay,

47:34

and they diverted it and they're going

47:36

to go live somewhere. God bless them.

47:37

They got some money. Okay.

47:38

>> Mhm. I don't want to make the money like

47:40

that.

47:40

>> Well, they they'll they'll be they will

47:42

have a problem. They'll have legal

47:44

problems forever. I would assume that

47:46

she has no presidential prospects.

47:48

Correct. Cuz I know that was

47:50

>> No, she's got she's got no presidential

47:52

prospects, but she's also

47:55

>> Come on. You these are the people that

47:57

we want running the country. Come on.

47:59

>> No.

48:00

>> Okay. I mean, you're shooting at You're

48:02

shooting at people. You're kidnapping

48:03

kids with ICE and you're proud of it and

48:06

you're riding around on your horse. You

48:08

know, I did see one great meme though.

48:10

You mind if I share it? You know, we had

48:11

the [ __ ] marry, kill.

48:13

>> So, we had to marry the guy with the big

48:14

boobies. We're [ __ ] Cy and we're

48:17

killing the dog. I thought that was

48:18

really funny. Okay. All right. But

48:20

anyway, sorry.

48:21

>> That's a good one. That's good. Uh, it's

48:24

interesting though. It's It's really

48:26

interesting. Someone a company that I

48:28

didn't think was going to do it. I'm

48:29

friends with Harvey Leven from TMZ, but

48:31

he's been publishing photos after asking

48:33

people to submit pictures of lawmakers

48:35

on vacation during the DHS shutdown. And

48:37

I'll note, it's a bipartisan shaming

48:39

targeting Democrats and Republicans

48:41

alike. It's part of a larger push by

48:42

TMZ, which has amped up its political

48:44

coverage, showing what it calls the

48:46

intersection of politics and pop

48:47

culture. I kind of like that they're

48:49

doing this so you can let us see you

48:51

what you're doing versus how you're

48:54

talking, right?

48:55

>> You're exposing the hypocrisy, you know.

48:56

>> Yeah. Exactly. And and here's the thing

48:58

I would tell you. You know, they they

48:59

had thun last week bypassing the entire

49:02

TSA at the uh Reagan airport. I think he

49:06

was in or maybe Dallasos. And guy,

49:08

you're a hip hop. You know, you're

49:10

hypocrite. You know, fix fix the

49:12

country. You know, there's a 14%

49:14

approval rating for the Congress. It's

49:17

just slightly above Kim El Jung. Okay.

49:19

But you know what? 95% of these guys get

49:22

reelected because of gerrymandering and

49:25

Citizens United. They pick the voters.

49:28

That's the only thing they're able to

49:30

do. Are we in a real democracy, Carara?

49:32

Where the politicians pick the voters? I

49:34

thought the voters were supposed to pick

49:35

the politicians. And they get unlimited

49:38

money from the corporates. And so they

49:40

can stay in power. It would be like you

49:42

and I opening up a restaurant. Our food

49:44

sucks. We got onestar Yelp ratings, but

49:48

we can't ever get fired.

49:49

>> Right.

49:50

>> Okay. It's it's it's appalling.

49:52

>> Yeah, it is. And they I think they're

49:54

paying the price for it, though. I love

49:55

that these pictures are there. I think

49:57

people should do more of this exposure.

49:59

Like, here's how they live. Here's how

50:01

they behave. I did like when Delta said,

50:03

"We're not going to let them jump the

50:05

line if they're on Delta, you know,

50:07

we're not going to let them have special

50:09

things." And now I think things are

50:10

calming down at airports. Apparently,

50:12

TSA's sort of started to organize it a

50:14

little better, but it's still the fact

50:16

that they can't pass a basic funding

50:17

bill um is really quite something, you

50:20

know, without making everything

50:22

partisan. All right, one more quick

50:24

break. will be back for predictions.

50:26

Okay, Anthony, let's hear a prediction.

50:28

>> All right, so listen, you know, listen,

50:29

first of all, happy Easter and happy

50:31

Passover to you and your family.

50:33

>> And I'm gonna I'm gonna make three

50:35

predictions. Uh so the first prediction,

50:38

Pam Bondi is long gone.

50:40

>> Okay, Zeldon will replace her. Uh they

50:43

have gutted the Department of Justice

50:45

and it's become the Trump family law

50:47

firm.

50:48

>> And so that's actually good for these

50:50

Supreme Court decisions because they got

50:51

nobody there to argue these stupid

50:52

cases. but just very bad for the

50:55

country. Number two, and I think this is

50:58

also uh one that I don't like, is that

51:00

we're going to have ground troops in

51:03

Iran. And again, the bomb the people

51:05

back to the stone age was to degrade

51:07

them in such a way where we can put the

51:09

ground troops in. And then my last

51:12

prediction is that the Chinese are going

51:15

to be involved in a resolution of this.

51:17

And so what Trump is going to do, and

51:19

this is the reason why he delayed the

51:21

meeting with Shei. He's going to get the

51:23

people at the Car Island. He's going to

51:24

get them in the straight. He's going to

51:26

shut off the oil. He's going to pick up

51:28

the phone and call Shei and say,

51:29

"Listen, you're getting 40 50% of your

51:32

oil out of here. And this is a satellite

51:34

state of yours. You got to secularize

51:37

that state, and you got to let me and

51:39

the UN or whoever go in there and take

51:41

the uranium out of there. And when we're

51:44

doing that, when we're done doing that,

51:46

I'm going to open the oil spot again and

51:48

you can have the oil. I understand that

51:50

you got to run your economy and I want

51:52

to be a cooperative economic competitor

51:55

of yours and I do need those rare earth

51:57

minerals. But that third prediction

52:00

>> is is where we're going on the chess

52:03

board

52:04

>> because there are some smart people in

52:05

the Pentagon and now that they're in

52:07

this thing,

52:08

>> that why not take advantage?

52:10

>> That's what that's where they're going.

52:11

So those are my three predictions.

52:12

>> Might as well. But that could cause a

52:13

lot of deaths, American deaths, which

52:15

could be

52:16

>> unintended consequences. But they don't

52:18

care. You know, he doesn't care. You're

52:20

an object in Trump's field of vision.

52:21

You're not a person. So, he doesn't

52:23

care.

52:24

>> We might as well take advantage of this

52:26

the situation. Let me ask you, what do

52:28

you think of Lee Zelden?

52:29

>> Well, Lee, I know a long time. You know,

52:31

Lee Lee was district one out here on

52:33

Long Island.

52:36

>> Yeah, he was the House of

52:37

Representatives guy out here. He's a

52:39

conservative guy. He ran for governor

52:41

here. Uh Lee is

52:44

>> formerly reasonable as I recall but then

52:47

became crazy.

52:48

>> That's where I was going. So Lee is in

52:50

that group of people that went into the

52:52

MAGA chamber and came out with the red

52:54

hat and the long tie and the cuckoo

52:57

laala. But he was not that way. But now

53:00

he is. And so we'll have to see. Yeah.

53:02

We'll have to see how many piouettes

53:04

he's willing to do for Donald Trump to

53:07

destroy his reputation, too. Because

53:09

that's what you do. You go in. I want

53:11

the power. I want the significance.

53:13

Trump moves the goalposts on you. Hey,

53:17

Carara,

53:19

prices are going down. No forever wars.

53:22

We're ending our involvement in the

53:24

Middle East. Okay. Okay. Well, now are

53:27

you guys loyal to me? Yes, you're loyal

53:28

to me. Now, we're going to do the

53:29

opposite of that. We're moving the

53:31

goalpost. You got to stay loyal to me.

53:33

And so that's Lee Zeldon is the type of

53:36

kid he's going to look back on this

53:38

because I know how he grew up, you know,

53:41

uh, and you know, he's out here on Long

53:42

Island with me. He's going to look back

53:43

on this and say, "Wow, I really screwed

53:45

this up. I shouldn't have done the

53:46

things that I'm doing."

53:47

>> So, is there a lack of There are a lot

53:49

of Republicans. I just interviewed Tom

53:51

Tillis. He's sort of run out of fog.

53:53

There's a lot of people that to me, even

53:56

Marjorie Taylor Green. Do you see a push

53:58

back anywhere? And and what are the

54:00

implications of that? Are you seeing and

54:02

I'm not talking about like the goan no

54:05

thoon goes down as a scarecrow. You know

54:07

it goes down as one of the worst of the

54:08

worst. You know like when we have you

54:11

and I will be dead or maybe because of

54:12

the red light therapy on your new show

54:14

you and I will be alive but it'll be 50

54:16

years from now

54:18

>> and the people going to look back and

54:19

say what the hell happened

54:21

>> and John Thun is the poster boy for

54:25

cowardice. Okay. Because he could have

54:27

called Schumer and he could have said

54:29

hey we're shutting this down. Okay, we

54:31

are article one of the constitution for

54:33

a reason and we're shutting this down.

54:35

You and I are going to the White House

54:36

today and we're going to tell this

54:38

[ __ ] that he's the most unamerican

54:40

president that's ever lived and we're

54:42

going to go in a different direction or

54:45

we're going to blow him out of the seat.

54:46

But he didn't do that because he's got

54:48

no kones and he wants personal power

54:52

over the serving of the public and he

54:54

wants to bypass the security line.

54:57

Okay. And guy, you used to be a good

54:59

guy. I knew you a long time when I was

55:01

on the Romney campaign. You were a good

55:03

guy, but you are now a loser.

55:05

>> So, what happens? Very brief. What

55:06

happens to these? Because something's

55:08

going to happen after November.

55:09

>> They've lost in Palm Beach. They've lost

55:11

in Kansas. They've lost They're losing

55:14

They'll lose the midterms on the House.

55:17

They won't lose the Senate.

55:19

>> Trump Trump will go maybe they'll lose

55:21

the Senate, but they won't lose it

55:22

enough for Trump to get impeached

55:23

because they need twothirds vote.

55:26

>> Trump will strongarm everybody. The last

55:28

two years will be about grifting and

55:30

making money and market manipulation

55:32

because they've telling people they want

55:33

to be the richest family after they

55:35

leave. And on the 19th of January, he

55:39

will pardon himself and his family

55:41

members and the people that are close to

55:44

him. And he'll drop that in the lap of

55:46

the Supreme Court and the Congress is

55:48

whether or not a president can pardon

55:49

themselves. and he will leave an unbuilt

55:53

ballroom and a complete catastrophic

55:55

[ __ ] storm for whoever the cleanup crew

55:58

is going to be. And uh and by the way,

56:01

as people have said, in a democracy, you

56:04

sometimes get the people that you

56:06

deserve. And we'll have to look at

56:08

ourselves and say, how did we let that

56:10

happen? And this is the point of the

56:11

book that I'm writing which you've been

56:13

nice enough to read for me is that we

56:15

let this happen through bad

56:18

decisionmaking but we left out the

56:20

people Carara that you and I grew up

56:23

with who once felt unbelievable about

56:26

the American dream and unbelievable

56:28

about the my father was making money by

56:30

the hour. He was a union guy but he was

56:34

like you know what my kids are going to

56:35

live the American dream. Let's get to

56:37

work. Now those people are like, "Hey

56:39

man, I can't get a job." And by the way,

56:42

my kids are not going to get a job. [ __ ]

56:44

you people. Burn it down. And we've got

56:47

to go. You talk about burn book. How

56:48

about burn the whole thing? Burn the

56:50

social contract.

56:51

>> So it's burnt. So now

56:53

>> So now we got to get some people in

56:55

there that are postpartisan

56:57

transformational leaders that going to

56:59

want to restate a vision for the

57:01

country. Like I said, we go through this

57:03

every 83 years. We're in our 250th year

57:06

anniversary. Here are the things that we

57:08

need to do to redeem ourselves. We have

57:11

to clean up these certain things that

57:12

have happened. We have to take big

57:14

business, big pharma, big zillionaires

57:17

out of the political equation. We

57:19

created a separate but equal democracy

57:22

with Citizens United. That's the pie

57:24

versus Ferguson case of our democracy.

57:27

Brown Board of Education overturned

57:29

that. We're 16 years out from Citizens

57:32

United. We have to overturn it and we

57:34

got to put these rich people back in a

57:36

box where they belong where one vote

57:38

equals one vote.

57:39

>> I'm gonna ask one final question. Who

57:41

are pick two people who would be someone

57:44

on each side? Two people you are like

57:46

those people could do that right now. Or

57:49

don't they? We don't know.

57:51

>> No, I mean listen you know you know here

57:53

here's the thing, okay? Like your

57:55

roommate Scott

57:57

>> Galloway,

57:58

>> okay? He's the type of guy that could

58:01

actually pull it off. Honestly, I think

58:02

he could pull it Cuban. Why you laugh?

58:05

You don't think he could pull it? I

58:05

think he could actually.

58:06

>> Not Scott, but Cuban. Yes.

58:07

>> Okay. Okay. All right. Cuban. I mean,

58:09

somebody like that could probably pull

58:11

it off.

58:12

>> But then they have to do something that

58:15

is ridiculously Lincolnesque in terms of

58:19

its heroism.

58:21

>> You got to piss every single person off

58:24

in power to reframe the argument. Okay.

58:28

Teddy Roosevelt got the Robert Barons in

58:30

place and said, "Hey, MFS, we're going

58:33

to break up your trusts. We're going to

58:35

knock out your monopolies. I got it.

58:37

These poor people, the tenementss are

58:39

coming down on them and they're going to

58:41

come after you with a pitchfork and a

58:43

torch. You want them to set fire to your

58:45

mansion? Knock it off.

58:47

>> Knock it off." So, it requires somebody

58:51

that doesn't care about the power

58:54

structure. And that's why I can't name

58:57

somebody because everybody that's in the

59:00

power

59:01

>> cares about the power structure. I don't

59:02

give a [ __ ] about the power.

59:04

>> It has to be you and me. It has to be

59:06

you and me. That's what's going to

59:07

happen.

59:07

>> You can have the top job by the way.

59:08

Okay. We'll give you the top job.

59:09

>> I don't want the top job.

59:11

>> I would be so bad. I would You'll be the

59:13

red light therapy president. Okay.

59:15

You'll be

59:15

>> No way. Those things longevity

59:17

president.

59:18

>> Don't work. Don't work. But sauna

59:20

president. The sauna.

59:21

>> Sauna. I'm just being a sauna naked.

59:22

I'll do from there. Anyway, Anthony, as

59:25

always, fantastic. Uh, and

59:28

>> I love being on with you. Thank you for

59:29

inviting me back. And tell Scott I miss

59:31

him and wish him a happy Easter for me.

59:32

>> Listeners, we want to hear from you. Let

59:34

us know what you think of Anthony. Send

59:35

us your questions about business, tech,

59:36

or whatever's on your mind. Go to

59:38

nymag.com/pivot.

59:39

Submit a question for the show or call

59:41

855-51 Pivot. This is a big week for

59:44

both of us. We got nominated for Webbby

59:46

Awards. Pivot and Onw with Carara

59:48

Swisser got nominated. and your limited

59:49

series podcast with Scott Lost Boys also

59:52

got nominated. Uh we want your vote

59:55

because we're not too proud to beg. Um

59:58

go to the link in the episode

60:00

description to vote for us. I'm very

60:02

pleased for you. Uh and congratulations

60:04

and I I will see you next week. Okay,

60:07

that's the show. Thanks for listening to

60:09

Pivot and be sure to like and subscribe

60:10

to our YouTube channel. We'll be back

60:12

next week. I will read us out. Today's

60:15

show was produced by Larara Neon, Zoe

60:17

Marcus, and Taylor Griffin. Ernie

60:18

Anderdat engineered this episode. Manola

60:21

Mareno edited the video. Nishhat Kerwa

60:24

is Vox Media's executive producer of

60:25

podcast. Make sure to follow Pivot and

60:27

anything does on your favorite podcast

60:30

platform. Thanks for listening to Pivot

60:32

from New York Magazine and Vox Media.

60:34

You can subscribe to the magazine at

60:35

nymag.com/pod.

60:37

We'll be back next week for another

60:39

breakdown of all things tech and

60:42

business. Thank you, Anthony.

Interactive Summary

In this episode of Pivot, host Cara Swisher is joined by guest host Anthony Scaramucci to discuss a variety of political and economic developments. The conversation covers Donald Trump's rhetoric regarding Iran and the markets, his ongoing legal battles, and the strategic 'maximalist' legal positions taken by his supporters. Scaramucci provides an investor's perspective on the upcoming SpaceX IPO, the valuation of Elon Musk's companies, and the current 'trough' in the Bitcoin market. Additionally, they discuss the impact of social media on society, the '80-year cycle' of American history, and recent scandals involving Republican figures, concluding with predictions about the future of the GOP and potential transformational leaders.

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