HomeVideos

Kristi Noem Fired — Her New Role Sounds Like a “Bad Marvel Movie” | Pivot

Now Playing

Kristi Noem Fired — Her New Role Sounds Like a “Bad Marvel Movie” | Pivot

Transcript

1826 segments

0:00

We used to be the cop or the protection

0:03

when we hear a knock at the door. Now we

0:05

are the knock at the door.

0:13

>> Hi everyone. This is Pivot from New York

0:14

Magazine and the Vox Media Podcast

0:16

Network. I'm Cara Swisser.

0:17

>> I'm Scott Callawa.

0:19

>> And where are you Scott?

0:21

>> Uh somewhere over the North Atlantic.

0:23

Cara, where are you?

0:24

>> All right. I am in my studio in DC. But

0:27

we we recorded

0:28

>> Corey maintain eye contact.

0:30

Maintain eye contact.

0:33

>> Is Corey Luwendowski with you?

0:35

>> No. Wendowski.

0:37

>> Yeah. So, I'm fairly certain.

0:40

>> Yeah.

0:40

>> He's not going to keep his job either.

0:43

>> I'm guessing. Well, let me just give

0:44

people back it up for a minute. Scott,

0:46

we recorded earlier but had to hop back

0:48

on. Hence why you're on a plane and and

0:50

I'm and we're redoing this. President

0:52

Trump has fired Homeland Security

0:54

Secretary Christy Nomer, giving her a

0:55

fake job. Trump announced the move on

0:57

True Social, saying Gnome had served us

1:00

well and had has had numerous and

1:02

spectacular results. He announced the

1:04

Republican Senator Mark Wayne Mullen

1:07

would replace Gnome. Gnome is stepping

1:09

into a new role. Apparently, she wasn't

1:11

quite fired. I don't know what this is.

1:12

It's like a firing.

1:13

>> Oh, no. She was fired.

1:14

>> I get it.

1:15

>> She's like special envoy to Hulu

1:18

original programming or something.

1:19

>> She's special envoy. Let's get it right.

1:22

special envoy to The Shield of the

1:25

Americas. I I I don't even That's like a

1:28

bad Marvel movie. I feel like like the

1:31

one that we don't want to watch. But

1:32

let's talk about this cuz uh later in

1:35

the show you have we we'll be talking

1:37

about a lot of things happening right

1:38

now for the Republicans. But um talk to

1:42

me about this firing a little bit. Well,

1:44

supposedly, I mean, you might have more

1:46

information than me, but supposedly it

1:48

wasn't the conflict of interest of

1:51

having an affair with her number two. It

1:54

wasn't

1:55

uh uh essentially killing American

1:59

citizens. It wasn't it wasn't

2:02

essentially overseeing what I would

2:03

argue are the definition of

2:05

concentration camps and that is black

2:07

sites outside legal jurisdiction or

2:09

protection of your of your um origin

2:13

country which is the definition of a

2:14

concentration camp. It was supposedly

2:17

what was the straw that broke Trump's

2:19

back was that she had spent close to or

2:23

over $200 million I believe on ads

2:26

featuring her which appear to be uh

2:30

courtesy of her her number two an

2:33

attempt to raise her awareness for a

2:34

presidential run that that that was what

2:37

angered Trump. What have you heard

2:39

Karen? she was advantaging herself and

2:41

Trump likes to only advantage himself,

2:44

right? And so anybody else who's trying

2:45

to do that, there was also the question

2:47

these two recent congressional hearings.

2:50

To me, I I felt the writing was on the

2:52

wall because Republicans in the Senate

2:54

particularly were really going after

2:56

her. So they knew that they had no

2:58

repercussions to do so, right? If they

3:00

had gone after her because they were

3:02

good people or because they had a

3:04

backbone. I think only Tom Tillis has

3:05

been doing that because he's leaving.

3:07

Um, uh, this is Senator Tillis from

3:09

North Carolina. I think she, uh, I think

3:12

they had permission to go after her,

3:13

whether it was, uh, Kennedy, uh, John

3:15

Kennedy or or others that really did

3:18

attack her. Um, and the Democrats did an

3:20

excellent job, too, bringing up all

3:22

these issues you talked about. I just

3:23

felt like it was open season on her, so

3:25

to speak, someone who enjoys killing

3:27

dogs. And, you know, even the reaction

3:29

has been interesting. uh Senator Tom

3:31

Tillis uh who was very upset about the

3:33

disaster relief fuckups I think very

3:35

much so and about also about f getting

3:39

rid of people uh I mean going after

3:42

people who didn't commit any crimes

3:43

right just in terms of he kept talking

3:45

about a quota system why are you doing

3:47

it on a quota system in the in these

3:49

hearings he his uh his thing on ex

3:52

saying goodbye was Senator Mark Wayne

3:55

Mullen is a great guy and a great choice

3:56

to lead DHS restore competence and

3:58

refocus efforts on quickly distributing

4:00

disaster aid. That's the first thing he

4:02

noted. Keeping the border secure and

4:04

targeting violent illegal immigrants for

4:06

deportation. Another big positive. He

4:08

likes dogs. Um which of course is

4:10

referenced to to uh her her killing uh

4:13

her dog. Um people are having a field

4:14

day about this of course uh on the

4:16

thing. Although one of the good ones

4:18

about Mark Wayne Mullen who was a

4:20

senator from Oklahoma was uh he can't

4:22

even have a border between his name uh

4:25

Mark and Wayne Mark Wayne. Um, but no,

4:28

they, you know, people, the Republicans

4:30

felt emboldened to attack her and

4:32

therefore it was very clear that they

4:34

got their signals from the White House

4:36

would be my guess.

4:37

>> I mean, that just goes to what a poor

4:40

manager and what a low character person,

4:43

spoiler alert, the president is, and

4:44

that is when you hire people and you

4:47

expect them to be part of a team. If you

4:49

know you're going to fire them, which it

4:50

sounds like he did because it took about

4:53

3 seconds. The moment they announced she

4:55

was leaving, they announced her

4:56

replacement

4:58

to quite frankly trot her out and use

5:00

her as an anger pillow and humiliate her

5:04

before showing her the door knowing that

5:06

you were going to fire as opposed to

5:08

saying, "Look, we're making a change.

5:10

There's no reason for you to go in front

5:11

of Congress or once you resign, you

5:14

probably will not be called. Maybe maybe

5:16

they still would have called her."

5:17

>> That last two days in Congress was bad.

5:20

>> But that was okay. We have absolutely no

5:25

respect, fidelity, camaraderie for the

5:27

people I hire. And if it serves my

5:29

political purposes, I will throw them

5:31

under the bus and then back up the bus

5:33

and run over them again.

5:34

>> That's the Trump way, right? That's the

5:36

Trump way. And in fact, he doesn't even

5:38

give her the I don't think she deserves

5:39

any dignity. The dignity of just firing

5:41

her like you're fired. I mean, the guy

5:43

who's so famous for doing you're fired

5:45

cannot say you're fired. you have to

5:47

give him this symmetrical envoy to the

5:49

shield of the Americas which and of

5:51

course she's bragging as if she won

5:53

right as if it was a good thing because

5:55

like even as she's humiliated and by the

5:57

next humiliation by the way is going to

5:58

be Pam Bondi right that's obvious he's

6:01

going to go all the ladies as you know

6:03

of the Trump administration are in big

6:05

trouble um and they will be the first to

6:08

go they'll get to Cash Patel at some

6:09

point or maybe not but like another

6:11

incompetent another you know same thing

6:13

with Pam Bondi menacious and incompetent

6:16

Um, and so he he doesn't the fact that

6:20

he hasn't let go so many of these people

6:22

already who are just not up to the task

6:24

is really says a ton about his

6:27

management style.

6:28

>> I think they're more strategic than

6:29

people want to give me a credit for. And

6:32

when I was a consultant, I always used I

6:35

would review DAXs and associates going

6:37

in to present to a management team. I

6:39

would say I would ask a series of

6:40

questions. And one of the questions I

6:42

would ask what I would say I would ask

6:44

who's in the room that's not in the room

6:46

and that is what is the context what is

6:48

the influences what is the overarching

6:50

theme of the vibe in this room or their

6:53

objectives before you even show up and

6:55

the two people that are always in the

6:57

room around any Trump official and any

7:00

public activity are one Roy Conn. If you

7:03

look at the way these people have put

7:04

themselves in front of the Senate and

7:07

the Congress, one of the greatest

7:08

erosions in the grand equity of the

7:10

United States is there has always been a

7:12

level of civility and decorum. They

7:14

aren't that South Korean Senate where

7:15

they break into fisticuffs or they start

7:17

yelling at each other. There was always

7:19

a certain amount of respect. But this

7:21

Roy Con deny, deflect,

7:25

uh, obuscate, attack, you're you're a

7:28

you're you're ashamed of yourself.

7:30

You're a failed lawyer. Go on. Don't

7:33

answer the question. That has in and

7:36

among itself eroded the value and the

7:39

prestige of the Senate. Roy Con is

7:41

always in the room when these guys

7:42

testify. The person that's always in the

7:45

room is Epstein. And I believe there are

7:48

three people armed with LLM saying

7:50

monitoring the temperature of Epstein in

7:52

the news. And when it gets above a

7:54

certain temperature, they think of

7:56

distractions. And nothing is better than

7:58

one of these hearings or declaring war

8:01

or saying you're going to raise tariffs

8:03

of 50%. But I literally think they have

8:06

they are monitoring the the number of

8:08

times Epstein and Trump are linked

8:10

together when it gets above a certain

8:12

temperature in the press. they they they

8:15

throw someone under the bus, announce a

8:17

tariff, start start firing missiles,

8:20

whatever it might be, you know,

8:23

capturing or uh absconding with with um

8:27

leaders of Central American countries,

8:29

but Roy Conn and Jeffrey Epstein are

8:33

>> very smart. That's a And the Epstein

8:35

stuff is not going away. Let me just say

8:37

it is not. It is, as I said a half a

8:40

year ago, it is it is here to stay. like

8:42

it's the thing. To to Christy Gnome's

8:45

credit, she did not go to the island on

8:47

her plane. Um, so that's a good

8:50

that's a good part of her. But we wish

8:52

you well, Christy. You're completely

8:53

incompetent and deserve to be fired. Um,

8:55

but the fact that he kept you there that

8:57

long says more about Donald Trump than

8:59

it does about Christine Gnome. She she's

9:01

is what she is, I guess.

9:03

>> I heard she's going to be volunteering

9:05

to get an all kill dog shelter.

9:07

>> Oh, very funny. I mean, that's going to

9:10

that's going to go to the end of her

9:11

days and deservedly so. Anyway, uh now

9:14

back to the rest of the show. Guess

9:17

where I went last night?

9:19

>> Where'd you go?

9:19

>> Party for uh Andrew Ross Sorcin at the

9:22

French Embassy, our favorite Canadian.

9:24

>> I was not invited.

9:25

>> I know. It was by Puck and he got the

9:27

First Amendment award. He gave a He gave

9:30

such a good speech. He's like,

9:31

>> he's a very talented guy.

9:32

>> He's such a nice boy. I don't know what

9:34

else to say. He's a nice boy. He gave an

9:36

excellent speech about the First

9:37

Amendment. And he he said everyone

9:39

thinks he's Canadian because we say

9:40

that's the case. He now is asked about

9:43

Canadian his wife too. His wife they're

9:45

very

9:46

>> but let's just say he's Canadian even

9:47

though he's not.

9:48

>> Can I tell you the first time I heard

9:49

his name?

9:49

>> What? Yeah.

9:50

>> My first board meeting at the New York

9:52

Times. Uh they were going around and we

9:55

have this su succession strategy and

9:57

that's when I knew the CEO wasn't very

9:58

good was it was clear she was like

9:59

shooting everybody that got near the CEO

10:01

spot. and they went through and we're

10:04

trying to everyone was asking about

10:05

compensation and equity awards and they

10:08

mentioned this one young reporter and

10:11

everyone's like well offer them 8% you

10:13

know and they mentioned they go oh and

10:16

we have this young reporter who's really

10:17

talented Andrew soccer and everyone went

10:19

pay him whatever he wants

10:20

>> oh

10:22

>> everyone literally said you know we're

10:23

trying to manage a company that we need

10:25

fiscal discipline it wasn't doing well

10:27

yeah

10:27

>> and his name comes up and everyone looks

10:29

around pay him whatever he wants we

10:30

can't lose that guy

10:31

>> yeah Well, he looks great. He gave He

10:33

got the First Amendment award. I I And

10:36

he gave a beautiful speech. Anyway,

10:37

congratulations, Andrew.

10:38

>> Was it a fun party?

10:39

>> It was a good party.

10:40

>> Daddy's going to a big party.

10:42

>> What are you doing?

10:42

>> Well, you were invited, but you wouldn't

10:43

be my plus.

10:44

>> Oh, the Vanity Fair. I actually um the

10:47

guy who's the editor's boyfriend, Sean

10:48

McCree, was there and he sat where I was

10:50

going. I said, "Well, Scott Galloway is

10:52

going to be there, so he'll shot the

10:53

place." Buckale.

10:55

>> Um uh you want to see someone at the bar

10:57

having a good time? Yeah. I've been so

10:59

nervous about what to wear. Spent most

11:01

of the weekend trying to style myself.

11:03

>> Don't wear jeans at a tux like Ted

11:05

Sarandos. I didn't think that worked.

11:07

>> I'm rolling up to the bar and I'm

11:08

getting up and I'm just going to

11:10

observe. I don't need to speak to

11:11

anybody.

11:12

>> No, you need to talk to people.

11:13

>> You know what I do? I talk to Ted

11:14

Sarandos about strategy and who he

11:16

should acquire. That's that's the limit

11:19

of my social capabilities.

11:20

>> Do you not do the executives there? Can

11:22

I tell you two quick stories of vanity?

11:24

>> I want to meet the gay hockey guys. Will

11:25

they be there?

11:26

>> Oh, they pro. Oh, I'm sure they'll be

11:27

there. Oh, I bet they are. We are Are

11:29

you allowed to take selfies with that

11:30

thing or do they kick you out?

11:31

>> Well, I don't know. They used to. Yeah.

11:33

I don't No, I don't think so. I think

11:35

you're not allowed to. Let me tell you

11:36

two quick stories. I went to one when it

11:38

was up at this um the sand not it was in

11:41

that hotel Sunset Towers. It used to be

11:44

the sunset

11:44

>> and it was small, much more intimate and

11:46

one year all the tech people got went

11:49

like all they invited all the tech

11:51

people. And so I was like I don't

11:52

want to see these people. I want to see

11:54

celebrities. And they they kept they're

11:56

really shy at the time. And they kept

11:58

bothering me like to talk to me. And I

12:00

was like, I don't want to talk to you,

12:00

Sergey Bren. I don't want to talk to you

12:02

all you people. And Sergey Brand

12:04

wouldn't wasn't able to talk to anybody,

12:06

but except they were wearing Google

12:08

Glass. He was wearing a Google Glass.

12:10

And he goes, "No one's talking to me."

12:12

And I'm like, "Take off your

12:13

Google Glass and like say you're a

12:16

billionaire. That's how it's going to

12:17

work here." The second time uh the

12:20

second time I went there I ran into um I

12:22

was talking as you did to Bob Iger or I

12:26

forget Comcast head may have been Ted

12:29

Sarandos and the guy who plays uh Harry

12:33

Potter came up to me and said excuse me

12:35

you know and he said I've noticed all

12:38

the really important uh studio people

12:41

are sort of

12:42

>> so like you to have a story that makes

12:43

you sound powerful.

12:44

>> No I did. No let me finish the story.

12:46

Shut up. So he said, "I've noticed

12:48

you're talking. They're all talking to

12:49

you and they're very interested in

12:51

talking to you. Who are you?" This guy

12:53

is really smart. I love him. Daniel

12:54

Gradcliffe. And I said, "I'm their drug

12:56

dealer."

12:58

>> That's what I did.

12:59

>> But I'm not.

13:01

>> Anyway, I have a lot of good stories

13:02

from there. You'll have a good time.

13:03

Talk to people. Talk say hello to Robert

13:05

Dairo if he's there cuz he

13:07

>> Yeah, that's not my style. I wasn't

13:08

going to go. I said no. And then someone

13:11

we both know said, "You have to go

13:12

once." So I'm going go on. But I'm

13:14

literally It's been very stressful

13:15

picking out my outfit.

13:17

>> It's early. Remember, it's early. You go

13:18

like like 10.

13:20

>> I'm literally leaving you at South by

13:21

Southwest. I'm changing on the plane and

13:23

I'm going straight to the event.

13:25

>> Yeah. Yeah. It goes on forever though.

13:26

Stay till late. Stay till late.

13:28

>> I only think I was invited cuz they

13:29

thought I was going to be your plus one.

13:31

And then you said no when I said yes.

13:34

>> No, I don't think so. Anyway, have a

13:35

great time. You'll have a great time.

13:36

We've got a lot to get to today because

13:38

we also this weekend will be in

13:40

Minneapolis. We'll talk about that in a

13:41

second. on Sunday. We're very excited to

13:43

do resist and unsubscribe there. Um, but

13:46

let's get to the news first. Let's dig

13:47

in. First, uh, Defense Secretary Pete

13:49

Hegsth says the war in Iran is far from

13:52

over, warning that we've only just

13:54

begun. It was such a ridiculous press

13:56

conference. As a record, the House is

13:58

set to vote on a measure to block

14:00

President Trump from taking further

14:01

action in Iran without congressional

14:03

support. And the Senate already failed

14:05

to do that. By the way, European leaders

14:07

are pushing back on Trump, notably

14:09

Spain's prime minister, who said, "We

14:11

can't play Russian roulette with the

14:12

destiny of millions of people." He's

14:14

absolutely correct. The White House said

14:16

they were cooperating and then they said

14:17

they weren't. Um Trump is also facing

14:20

push back from parts of his MAGA base

14:22

over the war. Even as he insists MAGA

14:23

loves what I'm doing, they do not love

14:25

what he's doing. And looking at the

14:26

economic impact, US gas prices saw their

14:29

biggest single day spike in three years

14:30

this week, and oil prices continue to

14:33

rise. Um, this drag on the in the US

14:36

economy is going to be very tough for

14:38

Trump and and the Republicans as we

14:39

approach the midterms. I've been uh I've

14:42

been talking to a lot of Republicans. In

14:43

fact, had a meeting with a very

14:45

prominent one yesterday. Um, and they

14:48

are they I can tell you they do not like

14:50

this or they they think Pete Hath is is

14:53

an imbecile. That's for sure. And they

14:55

don't think this was well thought out at

14:57

all. I think and that's that's the

14:59

Republicans and these are people who

15:01

maybe publicly are being supportive by

15:03

at least voting against his the

15:05

restrictions on Trump. What what are

15:07

your thoughts about the economy? What's

15:08

happening here?

15:09

>> It really hasn't taken much of a hit

15:11

yet. It's the existential threat that it

15:12

could digress into something much bigger

15:14

and more dangerous. The oil is up about

15:17

11 11 bucks a barrel or 10% uh or 12%

15:23

which translates to about 25 cents a

15:25

gallon typically. Typically wars the

15:28

markets go down and then they check back

15:30

and actually the year after a war ends

15:32

markets typically outperform. So I don't

15:34

think you can say that the markets have

15:37

responded or that we know this is going

15:39

to be inflationary.

15:40

>> Yeah.

15:41

>> What what I think you can say is that I

15:44

believe if he had gone to Congress and

15:46

made an argument for why we're doing

15:48

this, why now, and what are our

15:50

objectives, he might have gotten the

15:52

authorization for the use of military

15:54

force. They they never get declarations

15:57

of war any longer. They get AUMFs.

16:00

But unfortunately, what they've done is

16:02

because they had to position this as a

16:04

defensive action, they said, "Oh, one of

16:07

our allies was about to be imminently

16:08

attacked. We were going to have to

16:10

respond." So, it's like, "Okay, you just

16:11

gave into this very dangerous trope

16:15

>> that Israel is controlling the US."

16:17

>> Yes.

16:17

>> That was just And you have had such

16:20

inconsistent messaging.

16:22

>> Absolutely.

16:22

>> This is regime change. No, we don't want

16:24

regime change. This is going to be 5

16:26

days. We'll be there as long as it

16:27

takes. Yeah. This is a

16:29

>> Now the Kurds. We're bringing the Kurds

16:30

in.

16:31

>> Yeah. Now we're going to operate the

16:32

Kurds. Well, okay. What does that mean

16:34

when the Kurds get fired up in other

16:35

regions? This is a special combat

16:38

operation. No, it's a war. They have so

16:41

much inconsistent messaging. And the

16:43

fact that they didn't reflect the

16:44

confidence to at a minimum think about

16:46

the American citizens in the Gulf and a

16:48

plan for getting them out of there.

16:50

>> That seems like makes Biden's

16:52

Afghanistan withdrawal seem like

16:55

>> in addition just just tactically

16:57

>> Mhm.

16:59

>> tactically

17:01

bombing Thran the the majority the real

17:04

danger here is that the Iranian people

17:07

are not on our side turn against us. Uh

17:11

because what the Iranian biggest

17:13

miscalculation was firing they basically

17:16

John Stewart summarized it as two guys

17:18

start beating up on you. So what do you

17:20

do? You try and start a fight with

17:21

everyone in the bar. That was a real

17:24

strategic mistake on the part of Iran.

17:27

But our potentially biggest mistake is

17:29

when we're bombing Thran, you're

17:31

essentially flattening neighborhoods of

17:34

people who are probably more pro- West

17:36

>> and empathetic. It's the the kind of

17:39

religious the theocracies in the rural

17:42

area. So,

17:43

>> no one really trusts. I think the why

17:45

why now and objectives had legitimacy

17:48

here and he potentially could have got

17:51

77% of Republicans are or 72% of

17:54

Republicans are in favor of this. Only

17:55

17% of progressives.

17:57

>> It's low. 72% of Republicans is low.

18:00

It's usually 95%.

18:01

>> The the broader number is 4159. So,

18:04

let's be clear. The majority of

18:05

Americans do not support this. I still

18:07

think had he had a well thoughtout plan,

18:09

he could have gotten potentially

18:11

>> I don't agree with you. I think uh this

18:12

was interesting listening to this

18:14

Republican very high-profile politician,

18:16

he was like they have 15 days to resolve

18:20

this like because if it drags on more

18:22

and they don't seem to have a point, uh

18:25

it's a problem. And one of the things he

18:26

was pointing to was unaffiliated um

18:30

voters. He's like the yeah the

18:33

independence he says across there there

18:35

are red lights everywhere for

18:37

Republicans around independence and

18:38

independents hate this and he said if he

18:41

doesn't have a very tight sharp plan in

18:44

place I mean he was blumx that they

18:46

didn't have one Mike that they didn't

18:48

and they they weren't communicating them

18:49

and I'll tell you one when he had gone

18:51

to that briefing about whether there

18:53

really was an imminent threat and one of

18:55

the reporters asked him is was there an

18:57

im imminent threat and he said well

18:59

there's been one for 47 years. That's

19:01

what it sounded like. Like he was like

19:03

didn't even buy their nonsensical

19:05

reasons.

19:06

>> But you asked you asked about the

19:09

economy.

19:10

So the the decision to to go to war in

19:13

my opinion is not what is going to be

19:15

quote unquote the downfall or really

19:17

hurt the Trump administration. It's the

19:18

following. It appears that these types

19:21

of actions, unilateral actions, where

19:23

you don't make any attempt to get

19:25

European or Gulf nations involved to

19:27

increase legitimacy, much less the

19:29

resources, right? These nations could

19:31

have helped shoot down these nations

19:33

have their own military, their own

19:34

intelligence. They could have served a

19:35

real valuable role in help protecting

19:37

those Gulf States, achieving the

19:39

objectives. The fact that we now have a

19:42

$ 1.1 trillion military that appears to

19:44

be run by incompetence. In addition,

19:47

America was the operating system. We

19:50

everyone settles their trades and

19:51

dollars. They operate on the IP

19:53

agreements of America. We largely

19:55

enforce the flows of energy with our

19:57

navy, our military bases, make sure that

20:00

rogue nations don't go too rogue. We're

20:03

sort of been the operating system. Now,

20:05

this decision amongst others,

20:06

specifically going about it unilaterally

20:08

with no attempt to even consult Congress

20:11

or our allies, all of a sudden shows the

20:14

nation that used to enforce that no

20:16

nation go too rogue, they're now that

20:18

rogue nation.

20:19

>> Yeah.

20:19

>> But I think the real existential threat

20:21

to the economy and to American

20:23

prosperity is the following. It's yet

20:25

another data point that shows we used to

20:28

be the cop or the protection when we

20:31

hear a knock at the door. Now we are the

20:33

knock at the door.

20:34

>> Yeah, I get it. It's really What's

20:36

interesting is that um how many people

20:39

are are secretly not for it, right? It's

20:41

it's a really you do see the strength of

20:45

of people pushing back now on Trump,

20:47

which is really interesting. Much more

20:49

so all over the place, not listening to

20:50

him, not going along with him. Now,

20:53

typically politicians go along with uh

20:56

anybody when there's a war happening.

20:57

They try not to be too difficult. But

21:00

one of the things is this further

21:01

abrogation of power by the Congress, you

21:03

know, in terms of where they where they

21:05

and they're sitting around act talking

21:07

and debating about whether they have

21:09

power or not. If I don't know if you've

21:10

followed any of that, it's kind of

21:11

ridiculous. And they do. And one of the

21:14

it just I think it just creates more cha

21:16

chaos around Trump. Like he's chaotic

21:19

>> at the same time as all his his his work

21:22

the people that work for him are

21:23

incompetent that seem more and more and

21:25

especially Pete Seth. He seemed

21:27

completely out of sorts for this. And

21:29

one of the the of course there's

21:31

conspiracy theories everywhere, but one

21:33

of them is that if Iran hits the United

21:36

States in some way, a city of a United

21:38

States city, which is entirely possible,

21:40

that's what he'll use as the excuse to

21:42

call martial law. Just just so you know,

21:44

there's a lot of things happening all

21:47

all at the same time. And I don't I just

21:49

don't it's not good because it's chaos

21:50

and Trump. Chaos and Trump. And so I

21:53

think Trump is the same thing as our

21:54

domestic problems here with him. It's

21:56

chaos. It's chaos and it's not thought

21:59

out and it's incompetence. Um, and you

22:01

know, there obviously the Republicans

22:03

are worried about the midterms and they

22:04

should. Um, the first primaries of the

22:07

2026 midterms. Here are some of the

22:09

highlights from Tuesday's elections. In

22:11

Texas, incumbent Senator John Cornin and

22:14

Texas Attorney General Ken Paxton are

22:16

headed to a late May GOP Senate runoff.

22:19

The GOP clash is already the most

22:21

expensive Senate primary in history with

22:23

Republicans alone racking up nearly

22:24

hund00 million in ad buys. Um Trump is

22:28

supposedly going to pick one and tell

22:29

the other to get out, but Ken Pax has

22:31

already said he's not getting out even

22:32

if he doesn't get picked. Um and state

22:35

representative James Terico beat

22:37

Representative Jasmine Crockett in

22:38

Texas's Democratic Senate primary. Let's

22:41

listen to a clip from Telerico's victory

22:43

speech. To the billionaires who have

22:46

taken over our state and taken over our

22:49

country, your unchecked power is coming

22:52

to an end.

22:56

>> Your days dividing working people are

22:59

numbered.

23:00

>> Oh, he sounds like a guy we should hang

23:01

out with. Um, good, good, good. It was a

23:04

good speech. And actually, I have to say

23:05

Crockett handled the the defeat well.

23:08

They seemed to come together. Everyone's

23:10

like, "We're all going to come

23:10

together." Um and uh they both ran

23:13

really tough campaigns and and then they

23:15

they I have to say everybody acted the

23:18

Democrats look like they're not uh in

23:21

disarray as they say. Uh Texas Supreme

23:23

Court stepped in to block a lastminute

23:24

voting extension in two counties after

23:26

GOP primary polling mixups backing an

23:29

appeal from Ken Paxton. It seemed like

23:31

he was just trying to create chaos. In

23:33

North Carolina, former Governor Roy

23:35

Cooper won the Democratic Senate primary

23:37

quite easily and will face Republican

23:39

Michael Wattley uh for uh Senator Tom

23:42

Tillis' seat in the race that could help

23:44

decide Senate control. Um so interesting

23:48

stuff going on there. A lot of people

23:49

lost their jobs. Um Dan Krenshaw lost

23:51

his job. Uh he was targeted by a

23:53

billionaire, speaking of billionaires,

23:55

who spent enormous amounts of money to

23:57

get rid of him. in North Carolina, the

23:58

head of the state senate who'd been in

24:00

power for a long long time uh is in a

24:03

very tight race. A lot of people losing

24:05

losing their jobs like all over the

24:07

place. So, uh what do you think uh this

24:10

means for Democrats this year and for

24:11

Republicans?

24:12

>> It's very exciting for Democrats. the I

24:15

mean the Torico race. First off, if

24:18

Terico wins the seat against the

24:20

Republican nominee, I think he's likely

24:23

or very likely to be the vice

24:25

presidential pick in 2028 because if he

24:27

wins this and shows an ability to win in

24:30

Texas, if as VP they think he could

24:33

deliver Texas, it's game over for

24:35

whoever's for the Democrats win. If you

24:38

could flip Texas in a presidential race,

24:39

do

24:40

>> you think he should stay there for a

24:41

little bit? get amass power.

24:44

>> Well, how long did how long was Obama

24:46

senator?

24:46

>> Yeah, that's right.

24:47

>> I mean, they do. The VP is supposed to

24:50

be the person who could take over. It's

24:51

not. The VP is brought on to hopefully

24:53

win a state

24:54

>> that is a swing state for the most part.

24:56

Anyways, so it's exciting moment for

24:59

Terico, but what's really exciting for

25:01

Democrats is that through the odds, the

25:04

majority or the number of Democrats

25:07

turning out in a primary was in the high

25:10

hundreds of thousands, 7 or 800,000.

25:13

>> 2.1 million Democrats turned out. And

25:16

the very this the other very exciting

25:18

thing is that

25:19

>> I think it was 1.8 million Republicans

25:21

turned out. So whoever whoever whatever

25:24

party is able to turn out more people

25:26

for the primary gives you real insight

25:29

into what's going to happen in the

25:30

general

25:30

>> especially among Hispanics he really

25:32

pulled in that he shifted them

25:35

>> and if we have the first Texas statewide

25:37

Democrat elected in 20 or 30 years

25:40

>> yes was the last one.

25:42

>> What's that?

25:43

>> Lloyd Benson was the last one I think.

25:45

>> I thought it was an Richards.

25:47

>> No she was governor.

25:48

>> She was governor. There you go. So, this

25:50

is an exciting this is just a super

25:53

exciting moment uh for Democrats. So, I

25:56

I don't you know I don't I don't think

25:58

you can overstate it. All the races look

26:00

to be have been closer. The surprising

26:04

stuff was some of the more some of the

26:06

Republicans who lost their lost their

26:08

seats. That was very interesting.

26:10

>> Um I was thinking of sending some money

26:12

to Paxton because I'd love to see him

26:13

against Terara because I think that

26:15

means Terica wins.

26:16

>> Yeah. Yeah. Um, anyways,

26:18

>> he's refusing to get out. I mean, who

26:20

knows if he I mean, Trump's going to try

26:22

to get him out. Um, supposedly they

26:24

think Cornin's the better person to run

26:25

against.

26:26

>> Well, he's more electable. He's

26:27

absolutely

26:28

>> within the MAG. It doesn't excite the

26:30

MAGA groups, right? They like Paxton.

26:32

He's backed by all the MAGA groups. All

26:35

of them.

26:36

>> Yeah. It's This is Look, I I looked at

26:39

the results and all I thought was and I

26:42

tried to screen out my biases. I thought

26:43

there's just no getting around this.

26:45

Mhm.

26:45

>> This feels really good.

26:47

>> Yeah. Yeah. Yeah. We'll see. It was

26:48

really interesting. Um and I thought

26:50

that uh Telerico's continued focus on

26:53

the rich was really interesting. It's

26:55

really it's it's got a similar vibe of

26:57

obviously you would point to AOC and

27:00

>> Bernie. Yeah.

27:01

>> Bernie and uh of course Mandani. Like

27:04

he's like the Texas Mandani kind of

27:06

thing. Um and so you know I kept saying

27:08

you know if he wins and of course Trump

27:11

attacked him quite a bit he'll be at the

27:13

White House hanging out with Trump like

27:14

Trump will be hugging him like and stuff

27:16

like that because he loves a winner that

27:18

kind of thing. He's just the kind of

27:19

person that will do pull a similar thing

27:21

that Montani did.

27:23

>> Well Mandami was to his credit Mandami

27:25

was smart. He showed that he was a

27:26

pragmatist and he was willing to

27:28

>> um he he wanted to be effective versus

27:30

right and not politically grandstand and

27:33

he got that woman released. He's he's

27:35

proven to be quite pragmatic.

27:37

>> He's kept Jessica Tish as police

27:38

commissioner who is very effective. I

27:41

just have a feeling Telerico is going to

27:42

have the same experience with Trump that

27:44

Trump will will bear hug him.

27:46

>> The class warfare if you will around the

27:48

billionaire class. So the genie

27:50

coefficient which is a measure of

27:52

inequality

27:53

>> if it's zero to one. If you're at zero

27:56

it means everyone has exactly the same

27:57

amount. If you're at one it means one

27:59

person has everything.

28:01

>> Mhm.

28:01

>> I think but revolution always takes on a

28:03

different complexion. I think what we

28:04

have now is a series of smaller

28:06

revolutions. But when you start

28:08

identifying a class of people based on

28:10

their wealth, I mean that that kind of

28:12

means that the revolution is coming and

28:15

Trump and Epstein and the people Epsteed

28:18

himself with it has created I I mean we

28:22

are I mean the revolution here might be

28:25

a series of of tax increase. I I don't

28:27

know how it's going to

28:28

>> let me let me just read something. This

28:30

was in a story I read. The richest

28:32

Americans have amassed enormous wealth

28:33

in recent years, while most Americans

28:35

have seen theirs stagnate. The net worth

28:37

of the top 0.1% doubled from 2020 to a

28:42

collective sum of 24.9 trillion in the

28:45

third quarter of 2025 and now accounts

28:48

for 14.4% of the total household wealth

28:52

according to the Federal Reserve. That's

28:54

an astonishing figure. That's just

28:56

astonishing.

28:57

>> Well, yeah. The what William Gibson said

29:00

about technology is true about

29:02

prosperity in that it's prosperity is

29:04

here in America. It's just not evenly

29:05

distributed.

29:06

>> Yeah. But it's

29:06

>> and now and it's made us more fragile as

29:08

an economy to think of the morality of

29:10

it. 10% the top 10% of US households are

29:13

now responsible for 50% of the spend.

29:15

>> Right. I think tech billionaires have

29:17

done so much damage to themselves in

29:19

this the way they behaved and they do

29:20

act like they have unch and I think Elon

29:22

Musk will go down in history as someone

29:24

who really began the push back against

29:26

this because the way the imperious and

29:28

ridiculous way he conducted himself and

29:30

all of them all of them do all of them

29:31

do

29:32

>> well becoming the wealthiest man in the

29:33

world such that you can cut off aid to

29:34

HIV positive mothers that's not a good

29:36

luck

29:36

>> yeah it's not a good look any

29:38

congratulations to uh Telerico and

29:40

others who won yesterday

29:42

>> and to Jasmine Crockett by the way I

29:43

thought she ran a great campaign She

29:45

went right up and then attacked Christy

29:47

Gnome beautifully. Like did a beautiful

29:49

take down of Christy Gnome which is

29:51

she's very good at her job. Um I we

29:53

haven't seen the last of her.

29:55

>> Hope not. She really is. Okay, Scott,

29:58

let's go on a quick break. When we come

30:00

back, what Sam Alman is saying about

30:02

OpenAI's deal with the Pentagon and what

30:04

Daario Amodi is saying about Sam Alman.

30:06

It's pretty eviscerating.

30:09

>> Support for the show comes from

30:10

Cororeweave. AI isn't just a new tool.

30:13

It encompasses so much more. It's

30:15

spurring a revolution across all

30:16

industries and reshaping itself to

30:18

become a big part of our future

30:19

together. Coreweave is at the center,

30:21

powering some of the biggest names in

30:23

AI. As the essential cloud for AI,

30:25

Coreweee provides an AI platform that

30:27

combines next generation infrastructure,

30:29

intelligent tools, and expert support.

30:31

It's powering the world's most complex

30:32

AI workloads faster and more

30:34

efficiently. From medical research and

30:36

diagnosis to education, from complex

30:37

visual effects for movies to

30:39

breakthroughs in science and technology.

30:41

If it's AI, Cororeweave is uniquely

30:43

ready to power it with purpose-built

30:44

tech. The big ideas, the wild visions,

30:46

and what-ifs and why nots. Cororeweave

30:49

is working to build what's never been

30:51

built before. Corweave is the essential

30:53

cloud for AI. Ready for anything, ready

30:55

for AI. To learn more about how Coree

30:57

powers the world's best AI, go to

30:59

corweave.com/refor

31:00

anything.

31:08

Scott, we're back. Open A has updated

31:10

its deal with the Pentagon, adding

31:12

language that says uh its AI system

31:14

quote shall shall not be intentionally

31:17

used for domestic surveillance. CEO Sam

31:20

Alman wrote it's critical to protect the

31:22

civil liberties of Americans. But at an

31:24

all hands meeting this week, Sam told

31:26

staff that open had no control over how

31:28

the defense department uses its

31:29

software. And while uh defending the

31:31

deal in the Pentagon, he acknowledged

31:33

that rolling it out so quickly made the

31:35

company look quote opportunistic and

31:37

sloppy. That's the the app producing

31:39

sloppy is the poor name of of open AI.

31:43

Sam said it's been painful to try to do

31:45

the quote right thing and then get quote

31:48

personally crushed for it. Oh my god,

31:50

Sam, this is so he needs to stop

31:52

talking. I've got to say um it's a

31:54

question of whether he's actually

31:56

tarnished the brand too much in his

31:57

actions. Um Chachi PT uninstalls surged

32:00

295% the day after the Pentagon deal was

32:03

announced. Claw downloads continue to

32:05

spike. Meanwhile, um, uh, Anthropic CEO

32:08

Dario Modi told his staff that the Trump

32:10

administration didn't like Anthropic

32:12

because it didn't, uh, it it hadn't

32:14

given, um, dictator style praise to

32:17

Trump, while Sam has. He really laid

32:20

into they they there's, if you think

32:22

Elon Musk and Sam Alman have a problem,

32:24

Dario Modi and Sam Alman have a problem.

32:27

So, what do you think about this? This

32:28

is like a a real od

32:32

something's going on over there at

32:34

OpenAI that they really need to fix.

32:36

>> I think of it on the other side and you

32:38

know as as people know we're going to be

32:40

resist and unsubscribe in Minneapolis on

32:42

Sunday. And the way we're evolving it is

32:45

we're now going to um try and encourage

32:48

people to sign up for who we think are

32:50

good actors. And the most obvious

32:52

contrast here is the contrast between

32:53

open AI and anthropic. And I've been

32:56

saying for six months that I thought one

32:58

of the biggest commercial opportunities

32:59

was for a CEO basically to say no and

33:02

say these are we're we're done enabling

33:04

these type of this type of depraved

33:06

behavior. We're not going to engage in

33:08

the violation of Americans Americans

33:10

rights. And the hero we didn't think we

33:12

needed is Dario Amod. He's basically

33:15

stepped up and he said no. And just to

33:18

the point of it being a huge commercial

33:20

opportunity,

33:21

uh he uh Anthropic immediately surged

33:24

number one in the app store and its

33:26

annual recurring revenue has gone from

33:28

14 billion to 19 billion in just one

33:31

week. So this is going to be this is a

33:35

big moment because what Daario and

33:36

Anthropic have done even if they don't

33:39

realize it is they're all of a sudden

33:41

gonna give a bunch of CEOs across

33:43

America

33:44

>> the confidence to start saying no. Yeah,

33:47

>> because I thought it was going to be

33:48

Nike, but we said this six months ago.

33:51

It's a huge commercial opportunity.

33:52

>> Got to be a tech person.

33:55

>> Tech has been so in bed with Trump. It's

33:57

got to be a tech person doing it. That's

33:59

>> fair point. But the the point is the

34:01

opportunity here

34:02

>> was for someone to just stand up and say

34:04

enough already. I'm I'm not going to I'm

34:06

done. And

34:07

>> I'll tell you, a lot of Republican

34:09

senators really have not liked the way

34:11

Hegath has handled. I've been talking to

34:13

a lot of them quietly. They have been

34:15

saying this

34:16

>> it's anti- capitalist.

34:17

>> Yes. It's very they're very not

34:20

disposed. They're like when did we

34:21

become communists essentially and and

34:24

one of the things that'll be

34:25

interesting. I mean sort of anthropic is

34:27

a little like um what Tom Tillis has

34:29

been doing. He's left but he has

34:31

enormous leverage over the Trump

34:33

administration now because he can say

34:35

things and so in he says this sucks.

34:37

Pete he or Steven Miller sucks, right?

34:40

he does say it outright and then others

34:43

say well I'm not really liking some of

34:45

the things Zen Miller it gives them the

34:46

courage to say slightly less critical

34:49

things and I think that's a great way to

34:51

be and Dario is playing that role I get

34:54

it but he's playing the role of a heat

34:56

shield in a lot of ways

34:57

>> if you're under you get to make weapons

34:59

for the government it's legal if you're

35:02

>> if you're um

35:04

palunteer you get to sell data to the

35:06

government as long as it's legal and for

35:08

whatever purposes they might use it for.

35:10

And if you're anthropic, you get to work

35:13

with who you want. You can't do it based

35:15

on you can't discriminate or not work

35:16

with people based on their sexual

35:18

orientation or their ethnicity, but they

35:20

can absolutely. We get to decide who we

35:22

take ads from.

35:23

>> We we we say no all the time to

35:25

advertisers and say no, we're not

35:27

comfortable with it. Uh the what the the

35:30

big thing here is that in one week,

35:35

Claude went from number 42 to number one

35:37

in the free app store.

35:40

So, this is I mean this is a big moment.

35:44

This is a turning point because I just

35:46

trust me on this. In the next 30 days,

35:49

all of a sudden, we're going to see

35:50

these these CEOs cosplaying Nelson

35:54

Mandela and acting all righteous.

35:56

>> I don't know. I don't know about that.

35:57

One of the things that was interesting,

35:58

there was a poll out in Emerson poll. I

36:00

can't remember. No, that wasn't Emerson.

36:01

It was a it was a more normal poll um

36:04

that said that people want CEOs to

36:07

remain neutral but they also want them

36:08

to be genuine. So they kind of like this

36:11

you know even though they say they don't

36:13

want companies to weigh in they kind of

36:15

do which is interesting that people

36:17

answer differently. I do think people do

36:21

vote like with resistance unsubscribe if

36:23

you don't like how chat g I so many

36:25

people have told me they have dumped

36:27

chat GPT more than any of the other ones

36:30

and Amazon would be the second one when

36:31

they come up to me to ask me about your

36:33

efforts with resistant unsubscribe. It's

36:36

always Amazon and and Open AI that they

36:38

focus in on. That's what I've noticed.

36:41

>> But we haven't had an option to the

36:42

upside. We haven't had a carrot just to

36:44

stick.

36:45

>> Great idea. And this has given everyone

36:46

the ability to say all right my lack of

36:49

spending is a signal but my spending can

36:51

also be a signal

36:52

>> right

36:53

>> and I think there's a big opportunity

36:55

here and I'm personally going to urge

36:58

people to sign up for and patronize

37:01

anthropic

37:03

>> and to unsubscribe and not use open AI

37:05

and send a very strong signal that

37:08

people notice and when certain companies

37:11

stand up at potentially you know

37:13

potentially pretty severe risk of

37:14

retribution

37:16

There's all kinds of second order

37:17

effects of Palanteer uses Claude. A lot

37:20

of people use Claude%. It's a real risk.

37:22

It might cost them in the short run.

37:23

>> Well, there's a there's a lot over the

37:25

medium and the long term. I believe this

37:27

is one of the biggest commercial

37:28

opportunities presented to companies

37:30

right now.

37:30

>> Yeah, we'll see where it goes. Um the

37:33

issue, let me just make a warning for

37:35

anthropic Dario who is typical te tech

37:39

person, arrogant. It can be arrogant and

37:42

um imperious kind of thing. He loves to

37:44

write, which I I appreciate. I like a I

37:46

like a CEO that does really is a good

37:48

writer actually. Um he he's got to be

37:51

careful not to appear too righteous,

37:54

right? Too self-righteous. I think

37:55

that's where

37:56

>> I think he should go dark and just let

37:57

his action speak for his words.

37:59

>> Yeah, exactly. I think there is that,

38:00

you know, he's definitely getting

38:01

attacked by the idiot Emil Michael and

38:05

David Saxs, the other Um

38:07

>> well, again, government government

38:08

officials deciding that

38:11

>> we're now, like you said, central

38:12

planning. Yeah,

38:15

>> it's another data point you asked about

38:17

the economy. Every time we diminish the

38:19

rule of law and that everyone gets to is

38:22

is is enable everyone is entitled to and

38:25

subject to the same laws. Every time we

38:27

say okay the the law is now a tool for

38:30

political retribution based on who's in

38:32

who's in power. We lose we our price

38:36

earnings multiple on the S&P goes down.

38:38

>> Right. He's more powerful. Dary Mod is

38:40

more powerful now than he was because

38:42

he's the only one. Right. And the same

38:44

thing with the Tom Tillis, he has more

38:46

leverage now in his 300 days left cuz it

38:50

gives the gives people permission to be

38:53

to push back in a maybe not he gets to

38:56

be the louder one both of them. And it

38:58

it'll be interesting. It'll be all over

38:59

the place. Um speaking of not pushing

39:02

back, FCC chair Brendan Carr, who I love

39:05

to call a because he is, says he

39:07

expects the Warner Brothers Paramount

39:09

merger deal to get through approval

39:11

pretty quickly. Of course, you lap dog.

39:14

Let's listen to what he said when asked

39:15

about whether he would have concerns

39:16

about the Netflix deal.

39:18

>> Yeah, there was a lot of concerns in DC

39:19

and you can see it already. Just the

39:21

scope and scale on the streaming service

39:23

in particular, they would had a very

39:25

difficult path forward from regulatory

39:26

perspective. This deal uh is a lot

39:28

cleaner, does not raise at all the same

39:30

types of concerns. I think there's some

39:31

real consumer benefits that could emerge

39:33

from it.

39:33

>> He's right about it was obviously

39:35

they're smaller. That's that's right,

39:36

Brandon. But Brandon has nothing to do

39:38

with this deal and he always mouths off

39:40

on everything. Um, meanwhile, Fitch

39:42

Ratings, one of the Wall Street's big

39:44

credit rating agencies, has cut

39:45

Paramount's credit ratings to junk

39:47

status. No surprise. Enormous debt, I

39:50

think, from 75 to hundred billion

39:51

dollars in debt. It's a big It's a big

39:53

chunk of money. They say they're going

39:55

to delever quickly, but it's always

39:56

hard, as Bill Cohen noted. Um, and David

39:59

Zazoff, also not looking so good.

40:01

President and CEO of Warers. He's

40:02

looking good to shareholders. Filed to

40:04

sell over $114 million worth of stock in

40:06

the company. he's getting pillaried by

40:08

because it's very clear that um that uh

40:11

Paramount will have to cut. They say six

40:13

billion it's much higher. Um you know

40:17

CAR does not play a role here just just

40:19

for people to understand a real role. Um

40:22

but it will get through it probably will

40:23

you know they've been working Europe,

40:25

they've been working the government. Um

40:28

it's just a question of how they get

40:29

through and and what damage they have

40:32

done by doing this very non-economic

40:35

deal. Um, any more thoughts on that?

40:37

>> When the book on the worst acquisitions

40:39

in history

40:41

>> is written, it should just be called

40:42

Warner Brothers.

40:44

>> It's true.

40:45

>> I mean, if you if you r if you ran into

40:49

>> time Warner executives in 2005, Steve K

40:53

is super smart. He realized that AOL had

40:56

nowhere near the value it was trading

40:57

at. So he said, "This is a time to trade

40:59

it in for boring revenues that come from

41:01

records and books and parks and movies."

41:05

>> And if you find a Time Warner executive

41:07

two or three years later, literally

41:09

their retirements were ruined because of

41:12

what was the worst acquisition

41:14

uh in history. And that's Time Warner's

41:16

merger with AOL. And AOL within like 36

41:19

months was worth 10% of what Time Warner

41:23

had to pay for it and give up. And then

41:25

AT&T bought Time Warner and then barely

41:27

and then had to take a had to take a

41:29

haircut.

41:30

>> And then Time Warner merged with

41:33

Discovery.

41:34

>> Yeah.

41:34

>> And basically it turned into just a

41:37

giant

41:38

>> uh public benefit organization. It's

41:40

like basically the merger between

41:42

Discovery and Warner Brothers is if

41:45

David Zazov had been honest, he would

41:47

have stood up and said, "Look, this can

41:49

make me almost a billionaire regardless

41:52

of whether I destroy or make shareholder

41:54

value."

41:54

>> He certainly didn't improve it. He

41:56

didn't improve it.

41:57

>> It did not. It's underperformed the S&P

42:00

by any stretch of the imagination. He's

42:01

a brilliant investment banker and he's

42:04

going to walk away with $700 million,

42:05

whatever. It's legal.

42:07

>> Good for him shareholders. What I don't

42:09

get is if I was Netflix, I would be I'd

42:12

be much meaner or more mavelian and I'd

42:14

be trying to fire up as many Democratic

42:16

lawmakers as possible.

42:18

>> I think they are I think probably they

42:19

are they're saying a lot of p you know

42:21

uh Jerry Cardelli who's one of the

42:23

investors tried to clap back at Netflix

42:25

all the all the I've talked to some

42:27

Paramount executives and they're all

42:29

>> the unions I don't get I can't get over

42:31

like Netflix has got sour grapes. I'm

42:33

like they're accurate sour grapes like

42:35

sorry I think it's very effective by

42:38

slapping them you know making them a

42:40

villain but yeah I agree the union's

42:42

>> it's going to be 8x and also uh Edgar

42:45

Bronman Sher Redstone and now David

42:47

Ellison there's a general trend

42:49

>> throughout history where dad makes a

42:52

ton of money through grit and

42:54

creativity and then dad Jr. loses it.

42:57

Yeah,

42:59

>> Junior.

42:59

>> But basically the only ones who were

43:01

>> Murdoch Rupert Murdoch took his dad, but

43:03

that was like a small

43:04

>> Oh, no. He he I mean he was a rich kid,

43:07

but he turned his father's

43:08

>> Yeah.

43:09

>> into an empire.

43:10

>> Empire. Yeah.

43:11

>> And and and

43:13

anyways, this

43:15

>> anyone involved in media now is

43:17

basically a billionaire's kid looking to

43:19

go to the Oscars and make the family 80%

43:22

less wealthy.

43:23

>> Yeah, it's true.

43:24

>> And that's what Brmpman did. That's what

43:26

Sherry Redstone did. She

43:27

>> definitely did.

43:28

>> And that's that's what David Ellison is

43:30

about to do.

43:31

>> Well, he has a lot of money, so he has a

43:33

lot to lose. He really really really

43:34

likes making movies. Scott,

43:36

>> this company this company is going to be

43:38

they're going to try to go to AI to cut

43:40

re to cut I think and I think you're

43:42

going to see a lot of AI slop. I think

43:44

the creative community is going to turn

43:45

on them.

43:46

>> Yeah.

43:46

>> And I think this is going to be very I

43:49

would not want to own those bonds right

43:50

now unless they're seniors secured in

43:52

the stack.

43:52

>> Yeah. Uh, but I think this is going to

43:54

be very

43:55

>> and and of course they're going to get a

43:57

lot of attention with the news thing

43:58

even though it's a smaller part of the

44:00

empire. Um, you know, they're going to

44:02

>> I wouldn't be surprised if they sell it.

44:03

I I don't I I don't I've never for sure

44:06

they're merging CBS and CNN that they

44:08

have to. They It's economically

44:10

untenable not to do so. I would hope

44:13

they would put Mark Thompson in charge

44:14

of the whole thing. Um, I think he's a

44:17

really good u person and very wellliked.

44:20

I can tell you it's hair on fire over at

44:22

CNN in terms of being I get I get like

44:25

like covered with CNN. What's happening

44:27

Carol? What's happening Karen? I have

44:28

some knowledge I will say. Uh but

44:30

they're definitely uh merging um merging

44:34

the two of them. There's no other choice

44:35

for them to do.

44:36

>> I think they should have CNN anchors on

44:38

Survivor, the CNN show. Dana Bash, oh my

44:42

god, she would so I mean

44:44

>> win Caitlyn Collins would kill them all.

44:46

Don't you think?

44:47

>> Oh no. I think Dana B I think Dana Bash

44:49

is the kind of person that would smother

44:50

you in your sleep if she needed to.

44:52

>> Really? I feel like Kayn Collins. Did

44:54

you see her like kicking kick in the

44:56

>> I think there's a very secretary's ass.

44:58

>> I think there's a very dark interesting

44:59

side to Dana.

45:00

>> Okay. All right. But we know we don't.

45:02

>> And I'm here for it. Dana, by the way,

45:04

no. Jake probably will get gotten.

45:06

Anderson of course is so sweet. Um I'm

45:09

trying to think if there's an outside

45:11

person. Bruno. I don't know. There's a

45:13

lot of people there. There's a lot of

45:14

people. I'm I'm going to vote Gayen

45:16

Collins. You can invite Dana Bash. But

45:18

we definitely think uh Anderson and Jake

45:21

will be will be off will be will be

45:23

>> I think Far just opens a bar on the

45:25

island and says, "I'm done.

45:27

>> I'm done.

45:28

>> I'm sick of telling people what's going

45:30

to happen."

45:30

>> Jack rank survivability on an island of

45:33

CNN anchors. Oh, that's so funny.

45:36

>> Yeah. Who wins in Survivor? CNN

45:38

Survivor. They're literally going to

45:39

have to do creative.

45:41

>> So cool.

45:42

>> Survivor. The CNN edition. Uh, Scott,

45:45

what do you do with Scott Jennings? What

45:47

do you Where do you put him?

45:48

>> Oh, he's killed by his own troops.

45:51

>> He's like he's they I mean, yeah. No,

45:55

he's the guy he's the guy they bury they

45:57

bury up to his neck in sand and let's

45:59

let the tide come in slowly.

46:02

They're like, "Is there a fire ant? Is

46:06

there a fire ant hill on the island? We

46:08

have an idea for Scott." Yes,

46:10

>> we have Michael Smirkcon leading

46:12

Campfire songs at the end of night to

46:14

make everyone feel good.

46:15

>> He won't have a bar.

46:16

>> We have AC 360, that guy who who

46:19

substitutes for Anderson. He just has to

46:20

walk around with his shirt off. He's

46:22

hot. Sean,

46:23

>> he just has to walk around with his

46:24

shirt off. I've got it all planned. If

46:27

Ellison's call me, I take back

46:29

everything I've said. I have a way to

46:31

pay off your debt.

46:34

Survivor, the CNN edition.

46:36

>> I'm telling you, Kaitlyn Collins will

46:38

take them all down. All right, Scott,

46:40

let's go on a quick break. When we come

46:42

back, the return of the Burger Wars.

46:44

This is right near your wheelhouse.

46:46

Support for this show comes from Harvey

46:48

AI. Law is a craft forged through

46:51

repetition, sharpened by judgment,

46:53

perfected in the details most people

46:55

never see. Practice makes perfect is

46:58

Harvey's belief in relentless

46:59

refinement, in turning complexity into

47:01

clarity, pressure into precision, and

47:03

experience into advantage. Legal work

47:06

isn't just knowing the law. It's about

47:08

applying it carefully, consistently, and

47:10

under real stakes. Harvey is an AI

47:12

platform built specifically for legal

47:14

practice, helping teams analyze large

47:16

volumes of documents, drafts with

47:18

precision, and collaborate securely

47:20

across complex matters. It doesn't

47:23

replace expertise, it strengthens it,

47:25

making teams faster, more exacting, more

47:28

certain. Today, more than half of the AM

47:30

Law 100 use Harvey as part of their

47:32

workflow. Learn more at harvey.ai.

47:38

Scott, we're back with more news. Burger

47:40

King and McDonald's have some social

47:41

media beef. I can't believe I just read

47:43

that. McDonald's posted a video of its

47:46

CEO eating the company's Big Arch uh

47:48

burger last month. And while he says he

47:50

was taking a big bite, the bite was

47:52

small, he also called it the product. Uh

47:54

the video went viral because of the

47:56

discrepancy. And then on the day of the

47:58

release of the Big Arch, Burger King

48:00

posted a video of its president eating a

48:02

Whopper burger in a more enthusiastic

48:04

fashion than the rest of them. There's a

48:06

Wendy's one. I think there's a Taco

48:08

Bell. I don't know. There's so many of

48:09

them now. Um and and while it was What

48:12

did you think very briefly? What did you

48:14

think of this? It's kind of fascinating.

48:16

It really took off the burger eating

48:18

situation. Funny, stupid.

48:21

>> Well, what no one wanted to talk about

48:23

was

48:23

>> Mhm.

48:24

>> There was a CO McDonald's who I think

48:25

died of colorctal cancer in his late

48:27

40s. Um

48:29

>> Oh, well,

48:29

>> like I don't Yeah, that that's a real

48:32

pickme up story.

48:33

>> Thanks, Scott.

48:35

Um, I don't know why I brought that up.

48:37

I don't I What do you I could not be

48:39

less interested in the story other than

48:41

to say that

48:42

>> other than to say that I want

48:46

I want to buy

48:48

>> I I've been as as I'm sure you are. I've

48:51

been talking to all these presidents,

48:52

presidential candidates who call me for

48:54

ideas, which is their way of saying,

48:55

"Send me money."

48:57

>> I'm like, "Not buy a billion doses of of

49:00

GOP one uh drug."

49:01

>> Yeah. Actually, these businesses are

49:03

under siege. You're absolutely right.

49:05

>> Distributed to rural communities. Uh if

49:08

you want to if you want to solve the

49:09

deficit, all roads lead to health care.

49:11

If we want to reduce health care costs,

49:12

all roads, in my opinion,

49:14

>> lead to GLP1. And that the best

49:16

investment we could make. I I think I

49:18

think fast food, by the way, I I got to

49:20

be honest. I look forward The only thing

49:22

I'm the only thing I like about travel

49:24

is if I'm at an airport, I grant myself

49:26

the luxury of eating McDonald's. I have

49:28

a general rule. I don't eat fast food or

49:30

go to strip bars in cities I live in

49:31

because that could just go bad places.

49:34

>> So, but when I'm at the airport, the

49:36

McDonald's at Newark is the best

49:38

McDonald's in the world.

49:39

>> You like In-N-Out, too. And Shake Shack.

49:41

>> Oh, that's not even fast food. That's

49:43

That's the best meal in the world.

49:45

>> It is. You're right. That's literally

49:46

the best.

49:46

>> Well, then let me get on this. We're on

49:48

food chains. RFK Junior question. What's

49:49

in Dunkin Donuts products in

49:51

Massachusetts is not having it. Governor

49:53

Mora Healey posted an image with a

49:55

Dunkin cup saying come and take it.

49:57

Others are having fun with uh the the

49:59

jab on social media saying things like

50:01

if this administration changes anything

50:02

that goes into Duncan I will make

50:04

January 6 look like a tea party. Um you

50:07

know it's interesting they're going

50:08

after brands like well RFK is such an

50:11

such a another Um it's it's

50:14

interesting because remember when

50:15

Bloomberg did this with the co with the

50:17

sugar? It wasn't good. It wasn't a good

50:19

minute for him.

50:19

>> Now the big gulp. What do you what do

50:22

you think about this? I think Duncan is

50:24

not a good thing to go after. I feel

50:25

like people really like that Dunkin

50:27

Donuts. They really do.

50:30

>> They know it's full of sugar. They're

50:31

aware.

50:32

>> America runs on Duncan. Cara, um,

50:35

>> look, I I think people have the right to

50:37

kill themselves. And if they want to do

50:39

it slowly with McDonald's and Duncan,

50:41

that's kind of their opportunity. I

50:43

think the government has an obligation

50:44

to go the other way and provide more

50:46

education. 70% of Americans are obese or

50:49

overweight. It's like 38% are obese. In

50:51

Japan, it's 4%. And it starts very

50:53

early. They have every public school has

50:56

to have a nutritionist and they are not

50:58

allowed to have any processed food and

51:00

everything has to be fresh in the

51:01

morning.

51:01

>> There's a whole scene in my documentary

51:03

with me in a Korean school eating their

51:05

food. It's astonishing when you see

51:07

>> and you ask these kids what their

51:08

favorite food is. They're like broccoli.

51:10

>> Yes. They were like, "Oh, this kimchi

51:12

here." It was a fermented food. It was

51:15

miso soup. It was rice. Certainly. It

51:18

was It was so good. It was so healthy.

51:20

It was crazy. and they end up paying

51:21

6,000 or $7,000 per consumer on

51:24

healthcare and we pay 13,000 folks.

51:26

Let's do the math. So, I don't like I

51:28

don't like demonizing.

51:30

>> Look, I like McDonald's. I like Dunkin

51:32

Donuts. I like to think that because of

51:35

education early on I I got some, you

51:38

know, I'm focused on eating the right

51:40

foods. Also, the reality is fast food is

51:43

a function of poverty and that is or or

51:46

going back to the same income inequality

51:48

and that is if you're a single mother,

51:50

>> the cheapest caloric intake is fast

51:52

food.

51:53

>> It is.

51:53

>> And people people want to get moral and

51:55

lecture people about the importance of

51:56

cooking at home and cooking with good

51:58

food. Actually, the the myth is that

52:00

cooking at home saves you money. No,

52:01

it's not. To cook at home with natural

52:03

ingredients is really expensive.

52:05

>> It is.

52:06

>> And so,

52:07

>> and also time. A lot of people have two

52:09

jobs

52:09

>> or food deserts.

52:10

>> Yeah.

52:10

>> Uh but again, I'm I I've said this

52:13

before. I think the most transformative

52:15

technology over the next five or 10

52:16

years is not AI. I think it's GLP1. But

52:19

>> um love McDonald's. Think people should

52:21

have the right to kill themselves fast

52:22

or slow if they want.

52:24

>> But I think a really good investment

52:26

would be giving people enough money and

52:28

enough education that they want to and

52:29

can afford to eat well.

52:31

>> Yeah. But I have to say I wouldn't go up

52:33

against Mara Healey. I would not if I

52:35

were you, RFK. She's a tough nut. She

52:37

was a big basketball player. I don't

52:38

know if you know that. She was a very

52:39

good one. Um anyway, uh we'll see what

52:42

happen, right? That one.

52:43

>> Yeah, she's great. But it's really

52:45

interesting that that these these I have

52:47

to say some of the brands on social

52:49

media are really interesting. Um and

52:52

some of them are better than others.

52:53

Wendy's does an amazing job, for

52:54

example, online.

52:56

>> Well, you know what Peter Pan's favorite

52:57

place to eat out is?

52:58

>> Where where is

52:59

>> Wendy's?

53:01

Oh god, I can't believe you have a dirty

53:04

joke about Wendy's. Oh, thank God. All

53:08

right, Scott, one more quick break.

53:10

We'll be back for predictions. Okay,

53:12

Scott. Um, let's hear a prediction. I

53:14

have something very quickly to say in

53:16

the prediction department. I if for

53:18

people who didn't notice, there was a

53:19

story uh again on uh bots again about

53:24

problems with wrongful deaths and

53:25

suicides. This time it's Google with

53:28

Gemini AI chatbot coached a man towards

53:30

suicide. And it is the story is

53:32

devastating. This is an adult, not a ch

53:35

not a young person, not someone

53:37

underage, but uh it's still just as

53:39

devastating what it did and what it told

53:41

him to do and it made him go to places

53:43

and look for things in order to find a

53:46

robot to put this digital girlfriend

53:48

into. Um, I have to say I predict some

53:52

really significant legislation around

53:54

this in a way that is probably going to

53:57

be too reactive and at the same time um,

54:01

uh, it necessary because of the way

54:02

these companies are conducting their

54:04

their chat bots that interact with

54:06

people on a personal level and they have

54:08

done nothing to to rein them in. Um, and

54:11

so I think there's going to be a flood

54:13

of things around how we interact with

54:16

technology, uh, that's going to be

54:18

bipartisan and pretty ugly for the tech

54:20

companies. Go ahead. I've been talking

54:22

about this for years, but I think

54:23

>> Yeah. And I didn't mean to make light at

54:25

fast food that there was that mass

54:26

shooting at a fast food restaurant where

54:28

the guy was screaming, "You've ordered

54:29

your last McRib." And then one of the

54:31

workers said, "Sir, this is a Wendy's."

54:33

>> Oh my god,

54:34

>> that's so wrong, Cara.

54:36

>> It's so wrong.

54:37

>> That's so wrong.

54:37

>> Either way. Anyway, what's your

54:39

prediction?

54:40

>> You know, I want to take some license

54:43

here and I wanted to talk I wanted to do

54:45

kind of a a fail in a win. And that is

54:49

um

54:51

I just I watched I'm one of my living

54:54

heroes is uh Madame uh Secretary Clinton

54:58

and it's the only person I've ever

55:01

canvas for. And

55:03

I saw what I saw uh when I saw I watched

55:07

her entire testimony.

55:09

I just thought the level of sexism

55:13

was so insane.

55:16

Um and that is um so first off,

55:22

when is the last time

55:24

a man was asked repeatedly to explain

55:27

his wife's behavior or actions?

55:30

and the the absurdity of holding wives

55:32

accountable for husbands.

55:35

And here's what's so incredibly

55:37

up about this. We live in a world

55:38

>> they ought to responsible for you. So go

55:40

ahead.

55:41

>> We live in a world where a woman with

55:42

her own 50-year career in public

55:44

service, senator, secretary of state,

55:45

presidential candidate gets hauled in

55:48

front of a committee and asked to

55:49

explain what her husband did, not what

55:51

you did, what he did. And also there's

55:55

this implicit assumption that like and

55:58

why didn't you stop him? And we've seen

56:00

the same for decades. When a

56:02

powerful man does something wrong, we

56:05

turn to his wife and ask, "Where were

56:06

you? Why didn't you know? Why didn't you

56:08

leave him? Why are you still with him?"

56:10

>> She's often

56:12

>> and we never ask the inverse. When a

56:14

woman in power screws up, we don't haul

56:16

her husband in and ask him to explain

56:18

her choices.

56:19

>> We don't demand he account for her

56:21

behavior. Yeah,

56:22

>> we don't ask why did you stay with her

56:25

>> because implicit in all this is this

56:28

>> we do ask that but go ahead

56:30

>> implicit in all this is this assumption

56:32

that men are autonomous agents

56:33

responsible for their own actions which

56:35

is right whereas women are responsible

56:38

for everyone's actions including their

56:40

husbands the double standard is

56:43

staggering if if if Hillary had left

56:46

Bill after the Lewinsky scandal she'd

56:48

have been called a calculating

56:49

opportunist who who abandoned him and

56:52

that it was politically convenient. If

56:53

she stays with him, she's complicit in

56:56

everything

56:57

um he's ever done. So, I just think it's

57:00

insane that they kept asking her

57:03

questions when he was testifying the

57:05

next day. Well, ask him.

57:07

>> She handled it beautifully.

57:08

>> Yeah, I agree. So now just to to piss

57:11

off the Brooklyn Sandled or Birkenstock

57:14

crowd on the other side, there is

57:17

absolutely a double standard

57:19

for for women when it comes to asking

57:23

them to explain obvious discretions or

57:27

conflicts of interest. Watching the

57:28

exchange, basically saying, "Are you

57:30

having sex with are you in an

57:33

extrammarital?" And I I'm gonna be

57:35

clear. I'm not judging them on having an

57:36

extrammarital affair or having sex. When

57:39

you're having a relationship with your

57:41

number two who is unqualified,

57:44

that is reason to be fired at any

57:46

organization, any corporation, much less

57:49

a cabinet position. And and what the

57:51

exchange reminded me of was how

57:53

selectively we apply accountability and

57:56

politics. And as someone who considers

57:57

them a feminist, that means you're

57:59

subject to the same opportunities. And

58:00

also, you're entitled to the same amount

58:03

of as everybody else. And when male

58:05

politicians face questions about

58:08

personal conduct, the expectation is

58:09

clear. Answer the question. And

58:12

when they dodge, the press and the

58:14

opposition usually press harder until

58:16

they deny it or or admit it.

58:18

>> Tony Gonzalez, did that just happen?

58:20

>> Evasion becomes the story. But when a

58:22

woman, Secretary Gnome, respond to a

58:24

direct question about a relationship,

58:26

calling it total garbage and declining

58:28

to actually say no, the moment largely

58:31

passed without the same relentless

58:33

followup.

58:34

>> Yeah, Gonzalez is still in the news for

58:36

>> because of this double standard of being

58:37

accused of shaming. This is sexism

58:40

the other way. If a male cabinet

58:42

secretary responded that way to a

58:43

similar question, the headlines would

58:45

reads would read refuses to deny and the

58:48

questioning wouldn't stop. So there is

58:50

sexism asking women to take

58:52

responsibility for their husbands, but

58:54

at the same time there's a double

58:56

standard of a lack of accountability

58:58

amongst women for the same types of

59:00

things where the press and and other

59:03

lawmakers would not let up. God

59:06

>> lawmakers I know I think lawmakers did

59:09

did not let up. I think they said it

59:11

>> it's over. It's done.

59:12

>> They are not they are doing their job.

59:14

They did ask and they asked several

59:15

times. say yes.

59:17

>> If this had been Bill Clinton or another

59:22

media until they clarified their

59:24

comments.

59:24

>> I'm going to say you're right about the

59:25

media. I'd say I think they

59:29

they asked as hard as they could and she

59:31

just refused. She went she just

59:33

>> I think I think they should have said

59:34

the following and it's easy to pick when

59:36

I think one of them senators should have

59:38

said

59:38

>> you are having an inappropriate

59:40

relationship with your number two who is

59:43

unqualified and this puts the nation at

59:45

risk. I would have backed her into a

59:46

corner.

59:47

>> That's fair that they could have done it

59:49

a different way. You're right.

59:50

>> So I'll move on. Um real quick my

59:53

prediction yeah

59:54

>> is no. And that is Dario Amodi has given

59:59

license and permission to CEOs to say

60:01

no.

60:01

>> And in the next 30 days, you are going

60:04

to see a raft of CEOs find their

60:07

testicles and start saying no to this

60:09

administration.

60:10

>> No. No. There's going to be a lot of

60:12

that. I agree with you 100%. Um, okay.

60:14

Well, speaking of yes, we will be in

60:17

Minnesota, everybody. Just so you know,

60:19

we're going to be there on Sunday night

60:21

and we're very excited and we're very

60:23

excited to do this show. It'll be a

60:25

pivot show and at the same time we're

60:26

going to talk a lot about Resist and

60:28

Unsubscribe and Scott's got some tricks

60:30

up his sleeve. We've got some special

60:31

guests, secret guests. Uh we're sold

60:33

out. Um so it's not like we're selling

60:36

it, but we're we're very excited to do

60:37

it and raise money for a legal

60:39

organization that helps immigrants

60:41

there. Um anyway, we want to hear from

60:43

you. Send us your question about

60:44

business tech or whatever's on your

60:46

mind. Go to nymag.com/pivot

60:48

to submit a question for the show or

60:49

call 85551 pivot. Elsewhere in the Karen

60:52

Scott universe, this week on ProfG

60:54

Markets, Scott spoke with big short

60:56

legend Steve Iceman about why he thinks

60:59

the war in Iran is unlikely to rattle

61:01

markets and why the bigger risk

61:03

investors should be watching again is

61:05

AI. Let's listen to a clip.

61:07

>> Everything that's being created by

61:09

people who are doing AI has value. The

61:11

question is how much value? So much

61:13

money is being spent.

61:17

Are the returns that these companies are

61:20

going to generate, are they going to

61:21

justify those returns? I suspect not. If

61:24

I had to stake my life on it, I'd say

61:26

we'd have some kind of replay where,

61:31

you know, in the internet bubble, the

61:32

first generation of internet companies

61:34

basically failed. And it was the second

61:37

generation of internet companies that

61:39

that took us on to glory in terms of the

61:41

value of the internet.

61:42

>> Oh, very good. Very sensible. That makes

61:44

sense. Okay, that's the show. Thanks for

61:47

listening uh to Pivot and be sure to

61:49

like and subscribe to our YouTube

61:51

channel. We'll be back next week with an

61:53

episode, as I said, taped live in

61:55

Minneapolis. Scott, I can't believe we

61:56

did it. I mean, we just thought about it

61:58

on the show and then we made it. So,

62:00

>> yeah, we had an idea and it's happened.

Interactive Summary

The video discusses the firing of Homeland Security Secretary Kirstjen Nielsen by President Trump, exploring the reasons behind it and the political implications. It also touches upon the ongoing conflict in Iran, its potential economic impact, and the lack of clear strategy from the White House. The conversation then shifts to the media industry, including the Warner Bros. Discovery merger and the social media strategies of fast-food chains. Finally, the speakers discuss the evolving landscape of AI companies, particularly OpenAI and Anthropic, and their ethical considerations, as well as the societal impact of wealth inequality and the challenges of healthy eating in America. The episode concludes with predictions about future legislation regarding AI and the pervasive sexism in political discourse.

Suggested questions

5 ready-made prompts