What Trump & Elon Don’t Want You to See About Their Plan to Audit the IRS | Tom Bilyeu Show
ILxY6J_9_D0 • 2025-02-17
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Kind: captions Language: en Doge dives into the IRS and people freak out Trump ratchets up saying Canada will have to become the 51st state and I freak out someone bombed a Chernobyl nuclear facility but conspiracies abound about who it was Dems actively call for censorship of Americans and a finance expert wakes up to how money printing drives the stock market someone leaked audio of Jamie Diamond thrashing his employees and Ohio legislators want to charge men 10 K per nut plus if solo ball play is all you got fear not cuz AI going to Riz for you Lisa billu welcome to the show it is yet another crazy day in the world tell me about it what do you think where we at um all right well I am feeling in for Drew today and the first thing is I can't believe so why are people freaking out about Doge diving into the IRS okay that is a very good question I think this is going to be the great conspiracy of our time as exactly what is it that the Democrats are pushing back on is it that they're afraid that the that they've been doing things for years for decades that they don't want people to know about or is this a political Ploy and they're just going to try to stop them no matter what they're doing that's going to be the question but I heard a really interesting comment I cannot verify that this is true but if it is true uh it certainly gives you a leaning that the searches for um litigators for defense attorneys excuse me have skyrocketed in DC now if that's true and again I don't know that it is but if that's true that tells you that people are worried that they're going to in all of these searchings are going to begin to uncover things but to me this is an extension of the thing that made the US a uh breakdown incredibly important is the American people can feel that there is a reason that they cannot get ahead they don't know what that reason is now anybody that's been following me for a while knows that ultimately you sniff this back it's all going to come back to how currency is manipulated money printing inflation we have something on that later in the show but why on Earth would anybody want 87,000 more IRS agents this is what the Biden Administration was putting forward whatever two years ago and people were like yeah cool like get in there because it was this whole ethos of uh billionaires are not paying their share let's get in let's figure this out I ran the math on it at one point and it was something like each IRS agent would only have to audit uh something like five people for the entire top 1% to be audited you you do not need 87,000 agents to uh even if we accept that the 1% aren't paying their fair share you don't need that many Auditors this is very much about getting into the business of Americans controlling their finances even farther they making sure that the government can spend as much money as they want with impunity this is the exact kind of mentality that's driving us off this fiscal cliff so you have the previous administration instead of saying how do we get the government more efficient they're saying how do we get more money from the American people that to me is so grotesque and so horrifying that I it it's almost hard to comprehend now the same people who were saying get 87,000 more Auditors in here are twigging out that the Trump Administration is saying instead let's point that audit back at the IRS to see exactly what they're doing why would you not want to see that go forward if you're clearly not opposed to audits happening but you're opposed to the agency itself being audited so this feels like a bunch of people telling on themselves but again I want to be honest it could either just be no matter what they say we're against it we want to oppose it and that they go in and they find that there is gross in efficiencies I think that will be very obvious but they don't find anything nefarious you need to let that play out I think jumping to conclusions that you know we're going to find anything other than waste I think is unwise at this point but you're either saying I don't care what's good for the American people I don't want efficiency here I just want to stop what they're doing or they really are hiding something but this era of transparency is is I think the most important thing to happen in a very long time the only way for us to move forward as a country in an age where information travel so fast and in such huge amounts the only way for people to be able to make sense of this is to put things out there I'd love to see it on the blockchain but you put where are we spending money where are we intaking money like what what are the receipts so that people can look at this and go okay we're doing this deficit spending and I'm I'm here for it it's yielding these tremendous out outomes but what they're going to find is that the reason you feel that you can't get ahead is because of all this the government is spending way more than they intake uh they are artificially stifling growth through regulations and so by continuing to take money from people in the form of direct taxes and the indirect tax of inflation that is the reason that we can't get ahead and then you layer on top of that creating a very unfriendly business environment and you cap our growth and so now you see and it didn't make the cut for today's episode but there's this one sort of loan legislator who is just trying to get people to understand how much debt we are bringing on and once you understand that the interest on our debt alone is a bigger expense than our defense budget okay the thing everybody wants to see audited the thing that's bigger than that is the interest on the debt so you have that reality to be faced and growing by the way rapidly and if we don't make dramatic changes you're going to add in the next 10 years it's something like another 20 trillion dollar I mean just absurd in the extreme and so you've got that reality is there and yet people are freaking out about an approach to efficiency so to me it's just laying bear that we have a wildly dysfunctional system where people just want to fight against the other side um that they aren't interested in what's better for the American people which there is literally at the level of Economics there's just no arguing that you can't sustain these levels of debt uh that you have to print money to do it printing money makes makes the rich richer and the poor poor which I've walked people through the mechanism a thousand times I'm happy to do it more but you're just up against structural realities and so when I see people push back against that uh it is truly maddening okay a cple questions um you said you don't want to think like the go dark or think really badly until you figure out why but why else would they do it it seems like it's those two it's either um man is political animal and they will do whatever they have to to maintain power which we have a clip later of a Democrat she she actually says the words we'll show it she says the words um I want to support somebody that's serious about censoring the American people and I quote and I went and watched the whole speech cuz I was like in context does it make sense nope that they this is a naked grab for power and because of my whole thing and I haven't talked about this in a while but people in my audience um hopefully have seared this into their memory uh there are three books that I don't think people can read and not develop a real fear of top-down authoritarian government and that is the rise and fall of the Third Reich uh B the unknown story and the gulg archipelago and though there three books that I mean this this is relatively recent history we're talking like 80 years ago and in the case of Mao less and when governments Force compliance of thought through censorship you end up necessarily murdering people now hopefully that sounds absurd but the reality is that when you have a pluralistic society where I mean just think about how we have a small company and we can't get everyone to agree on everything you and I don't agree on everything so the only way to make somebody agree with you is force and you can make things very uncomfortable financially we're obviously seeing that uh or you can imprison and then when people just won't stop you start killing them that that is how top- down authoritarian control works because eventually people push back and they say I'm not willing to take this anymore more but you force them to take it and so that is the when I hear people calling for censorship that's just where it goes and so uh I'm way more freaked out by what's going on in the UK than you are but you're seeing this now in Western countes the UK you guys don't have freedom of speech and so people are getting arrested for posts on social media like arrested they're getting longer terms than people commit sexual violence I mean it's just it's insane uh so I don't think when people look at this stuff that they're taking it seriously enough that naked grabs for power are horrifying and they're done by both sides and so the only punchline here is you one go slow don't don't add to the problem by freaking out but when somebody raises their hand and says I don't want you looking into how money's being spent like insane red flag and then when you see people calling for censorship that for me you have to draw a hard and fast line so what does the reality of this um investigation look like for the everyday person like is there a we want this to happen because now it benefits me like what does I don't think people really understand what it's going to mean for the IRS to be audited so what the right way to read this moment is that Trump feels that he has an edict from the American people to come in and make government more efficient to put money back in their pockets to reduce the cost of living and Trump has said I'm going to go out to the greatest Capital allocator the potentially world has ever seen certainly the greatest living capital allocator and I'm going to have him go into these tremendously complicated systems and like a systems engineer figure out what's going on so one of the most this this happened a few days ago but one of the most fascinating things that um Elon has found in taking a systems approach to looking at whether it's the IRS or the big one was they were offering people retirement they were being told to to shrink the government and they were being told well people can't retire that quickly he said why not and the punchline and this is this is first principles thinking the punchline of why people couldn't retire faster was because of the speed of an elevator in a Min shaft now I hope you're like what yeah as if I just glitched and there's no way was I was I was thinking I was glitching you're like maybe I didn't understand that correctly okay I will repeat and then I'll explain how this is true uh the rate at which people in the US government can retire is uh tied to the speed of an elevator in a specific Min shaft okay why because back in the 1950s they started storing the record of people retiring in a I think a limestone mine uh in Pennsylvania as just a place to keep these gigantic documents and they've never updated it they've never gone digital so imagine this is 2025 and so now to transport the records down into the mine they have to go down this elevator and the elevator speed then says okay wait we can't store the documents fast enough so we have to um basically process people at a certain rate and so when you put in for retirement they schedule it based on how quickly they can get the documents into that mind and so nobody's saying to themselves why don't we update these systems I mean technically they are but they're they've gotten in 10 years I think they've gotten to the letter B what yeah so th this is where it's like people legitimately do not understand systems level first principles thinking when you look at all of these audits making the government more efficient it's going to bring to the surface things that will be very confusing to people but it's what you have to do so if you're spending $2 trillion and you know that the government is um nakedly taxing and using syruptitious tax going to the IRS that controls all of that is a great place to start just to get a baseline where are we at so again I won't leap to the conclusion that you're going to find uh fraud but I will will certainly leap to the conclusion that that's a really good place to get a sense of where are we right now is this being done efficiently are we only taxing people what we're supposed to are we keeping more of people's money because they don't seek a return right and this is the one that I worry we're going to see that you're going to go in and realize that the government is over taxing people and they're just waiting for you to be too dumb to understand the tax code and so why are billionaires quote unquote not paying their fair share because they understand the tax code or they pay an army of people to understand the tax code but the average person doesn't and so the government isn't going to be like uh oh we're going to give you a lot more back this is they're they're going to give you back only what you put forward using Turbo Tax and so the the terrifying thing will be terrifying in the sense that people are going to be very angry if they go in and they find oh [ __ ] the government already knows what you owe and they should just say this is what you owe knowing the tax code and making it they should make the tax code clean and simple this is what you owe we're not taking a penny more than you owed we're not counting on you to outsmart us we're just going to say simple tax code this is what we take so I have a feeling that what Trump and Elon are I am I am now way out over my skis I am mind reading but I have a feeling it will be something like um the government is taking more than they need to there are obvious things that people could be claiming and aren't and the government isn't saying hey he hey we you don't owe us this much we you only need to give us this much we're going to give you this much back um that will light people on fire and then they're going to point and say this is all the other guys now we get into the WWE of it all because let's remember Trump is already president so you have a system that is I think just wildly unmodernized first of all will take as much from the people as the people will allow them to take you need look no further than money Printing and all of the data is there for anybody to see and so the second you start looking at it the people who most want every dime that they can get from the American people are going to yell the loudest and right now the people yelling the loudest are on the left so does elon's tweet hurt or help this situation all right so this is an Elon tweet Reuters was paid millions of dollars by the US government for large social large scale social deception he put that in quotes uh that is literally what it says on the purchase order they're a total scam just wow okay uh this is why just reading headlines is problematic I do it everybody does it I get it so for sure for sure um we all have to be thoughtful about this but if you pull up the image and to his credit he included the image but if you go look at the description which is what he's quoting so right there in the description field it says active social this is uh the payment that Reuters was given in the description they say what this is for and it says active social engineering defense in parenthesis as d n parenthesis next uh part of the description large scale social deception in parentheses LSD now I don't think there's any way to read that other than that this is for defense of social engineering I think Elon knows that and I think that he put this out because he knew the headline would be amazing now the headline is technically true it does say large scale social deception but let me tell you if you're actually paying Reuters to do large-scale social deception you do not put that in the field you only put that in the description field because it's tied to defense defending against this now I still think that's worthy of question because I doubt very much that I'm going to agree with Reuters that they should be in this game of deciding how they're going to protect us from that because it's probably [ __ ] it's probably all propaganda but the way that Elon is framing this is also propaganda so boys and girls it is propaganda up down left right AB select start like it's just everywhere and once you understand that every time somebody is speaking they're speaking in propaganda like unintentionally every word out of my mouth is from my frame of reference I am I am giving you the lens of the world through my frame of reference reference that's why you cannot listen to any one person myself included you've got to be triangulating the truth by seeking out people who are sincere now because of the way the human mind works uh sincerity doesn't always get you the most clicks the most views uh it doesn't get people on your side I think Elon knows that he he can get people uh get their emotions inflamed by saying look it says it right there uh so yeah I I don't love it but this is how the game is played uh this is why you can't you cannot allow your government to censor because at least I can come on and say look that's [ __ ] it's obviously [ __ ] so I don't know what the [ __ ] uh but you're going to see more and more of this now if you're going to run every person through a purity test everyone's going to fail so um it's not like I'm going to be like well now [ __ ] Elon like get him out of here but if Elon says something that I read to be ridiculous I'm going to say I read this to be ridiculous um and I think that's the way this has to play so does that help no it does not do I wish that he hadn't said it yes I do um do I think that this invalidates what they're trying to do no I don't there's one more clip that we have to play of the finance expert coming to realize that money printing is the problem not a problem it's the problem I didn't realize that if the average year the money printer goes call it 8 to 10% even in the western countries even in the oacd Nations and the average return on the S&P 500 is call it 9ish per including dividends maybe 9.7 maybe a little less that it means that all of the work of the S&P 500 all of the value created there is actually the money printer that to me was startling that is a startling Insight so uh this is the thing I am just trying trying to get people to understand like it all comes back to money printing like there are so many illusions that are created from money printing like oh the stock market's going up no it's not the stock market is simply keeping uh the way that it works is as you print money the money loses value therefore anything that is I hate using this phrase denominated in dollars meaning it's just priced in dollars will acknowledge that those dollars are worth less by going going up in price it's the same reason it seems like your house is going up in price your house is not going up in price the dollar is going down in value so to get the same value it must go up in price I will use the coffee analogy again if what you want out of coffee is caffeine if I keep pouring water into your coffee you have to drink a lot more mugs of coffee in order to get the same amount of caffeine it's not that my uh coffee has somehow magically gotten stronger it's that it's in fact the opposite you've watered it down so much that you have to like drink your five cups 8 cups 10 cups whatever to get the same Buzz so once that locks into place for people all a sudden you go oh my God the game is not at all what I thought I was playing if you want an increase in in real wealth then and he goes on to say it in the clip we don't have to play it because we're pressed for time but uh if you want an increase in relative wealth you have to make a huge bet and be right and this is why I say the stock market is gambling because if you really want to do something like if you want to buy a house that's actually going to go up in value compared to the devaluation of the dollar you've got to like call Austin 10 years ago call Austin 10 years ago now for real it goes up in value because a ton of people flooded into that area so now it's not just keeping Pace with inflation it's that area has truly become more valuable but you have to call it early and be right most people will bet early and be wrong and that's why the that kind of trading ends up demolishing most people it's something like 5% of the people make all the gains uh but you have to own assets this is not me saying assets are bad you have to own assets to keep up with inflation but if you don't understand the actual game you're playing you're in trouble and that is a finance expert uh who said he's been teaching Finance for like 20 years and only just like in the last few years as he realized oh this is what's actually going on I'm telling you people that think they know money do not know money even myself I consider my uh Vision incomplete I've got to keep learning learning learning but when you get to that foundational piece it really does change how you view everything we'll get back to the show in a moment but first I have an important message for anyone who owes back taxes or has unfiled returns if you get a knot in your stomach every time you think about the IRS and Dread what might happen if they come knocking at your door you need to listen tax Network USA can help these aren't just tax people they're problem solvers they've got a direct line to the IRS they know exactly how to navigate the system and they've all already resolved over 1 billion in tax debt for people just like you whether you owe $10,000 or 10 million they've got the expertise to settle your tax problem in your favor don't let tax trouble hold you back face it headon and let tax Network USA help you put it behind you for good call tax Network USA Today at 1 800 958 1000 or visit TN usa.com impact again that's 1800 958 1000 or go to TN usa.com SL impact this is a paid advertisement and now let's get back to the show so I can imagine it'd be absolutely detrimental if you owns property and in a neighborhood that ends up declining because now your property value goes down so do you technically lose even more money well yeah I mean if you pick a neighborhood and something bad ends up happening in that neighborhood hey since Chernobyl come up if you owned a house in Chernobyl o buddy uh your property value just went to zero so yes of course you'd be losing more money um but property values are it's I mean take somewhere like um Southern California because it's impossible or getting more Impossible by the day to get fire coverage yes the value of your house is going to decline and you are going to feel that for real that that's a real decline in value for sure but people need to understand it's just spin spin spin as far as the I can see all right well speaking of spin let's go I feel that transition coming Trump um somewhat insists and says um that Canada must become the F 51st state yeah play the clip so people can hear it directly from him technically says have to but uh I want people to hear it for themselves by the way Canada is just about the lowest payer also just be you know they shouldn't be that they are just about the low EST payer in nato in addition to everything else so Canada's really been taken advantage of and if they had to pay just something uh modestly Fair they would be able to uh succeed as a country and that's why that's why I I feel they have to become a state so uh look I think people are getting used to this rhetoric now when he first said it honestly I thought he was teasing I I I literally just thought he was being playful and over the toop uh but but the more he talks about it the more I realize he's serious now I don't think it's ever going to happen and I don't think that there's enough pressure in the world that he's going to be able to put on them uh without breaking all kinds of other things in terms of our standing in the world and people just thinking like this is absolutely absurd now play this clip uh of me being the wrongest person in the world if it ends up happening I I will certainly update my thinking but I cannot fathom a universe in which this actually happens but why is he pushing this rhetoric so hard okay so um he talks about this a lot and I think ultimately it boils down to if you're an entrepreneur and you're looking at the world and you're you're saying okay I have a mandate from the people my job is to come in and make lives better for the average American how do we make lives better for the average American you put more money in their pocket I just cannot tell you it it there's a famous saying it's the economy stupid like if you want to know why somebody gets elected or Not Elected it is when a person who is about to cast a vote thinks about what that person is going to mean for them what they mean is are you going to make my life financially better and are you going to make my kids' lives even better than mine when you get people to say yes this person will put more money in my pocket and it will make sure that there will be more opportunities for my kids people are going to vote for that person it really is the economy stupid when people feel like they're flush with cash they feel good when they feel hamstrung they feel terrible humans are that simple and he's coming in saying okay I've been given the Mandate that I have to flip that for Americans because despite all what I'll call [ __ ] reporting over the last four years from the Biden Administration about economies better than ever we're going to get into when we talk about the economist later or the the finance expert later who was like Jesus I just realized inflation printing money is the problem um we'll see why but he understands okay I've got to get spending under control and I've got to find growth now as an entrepreneur you say to yourself okay what's the fastest way for my my company to grow oftentimes the answer is acquisition so this is Trump looking at basically the acquisition of a 51st state uh I think very much in his heart whether he would say it out loud or not he's got like uh oh man this is going to be terrible uh all right this would require a very long episode unto itself so dear world please forgive me I know this is going to get clipped out uh that he has a pulk like tendency to want to make America great through expansion and so whether that is um Greenland whether that is Canada as a 51st state whether that is getting the Panama Canal back and the bad news historically is that it works and we all just think that we're living in a time where all that stuff is done man like nobody has to think about that anymore apparently we do like he is I think serious that he wants to see Canada become the 51st state thinking like an entrepreneur who can acquire this company uh known as Canada Inc and Canada Inc has a ton of resources and he's looking so when you acquire a company you go uh o I've just found a company that's undervalued if it were in my hands so uh you look at it it's what's known as a strategic acquisition so not being bought by like a private Equity company that can't make um can't merge two entities together and get efficiencies instead it's a strategic like when we sold Quest we sold to another protein bar company and so they were like oh my gosh like we can bring these guys in get their revenue get their community and we'll be able to bring manufacturing efficiencies not have to pay to accounting companies all that kind of stuff uh so for a strategic acquir you usually get a much higher multiple because they uh on your Revenue or your iida whatever you're being valued against and so um by selling to a strategic it's like they really think they have a vision for how they can make use of this okay so Trump is drill baby drill so he's looking at America and he's saying hey like we're GNA stop all this green New Deal [ __ ] we're going to uh return to fossil fuels we're going to get this economy humming by drilling then he starts looking up at Canada in some kind of way and is like oh damn these guys are even more Greenly absurd than we are I'm going to get them to be the 51st state I'm going to now be able to use my drill baby drill TCT I mind reading here I'm fully aware of that I he has not said this uh but this this is my read I'm going to apply the same ideas up there they've got all these natural resources that they're not exploiting we would be able to bring massive growth to the now very expanded US economy uh and where does that make us as an energy producer in the world if it was us and Canada I mean we're already one of the uh biggest energy producers in the world if we were also combined with Canada it would be insane and so it becomes not only territorial expansion but you get the revenue opportunities from a GDP perspective of not only just getting those resources but being way more in his mind efficient with those resources and so I mean honestly God I hate to say this because it's so [ __ ] terrible but if they became the 51st state you we would be economically monstrous okay so good for America yeah what about for Canada I mean oh God from the uh Canadian psyche terrible you you want to be your own country you don't want to do things the American way in fact from what I hear from what I hear I don't have any studies but from what I hear there's not exactly a lot of proam sentiment in Canada which is exactly why this is never going to happen like even if they were like yeah economically it would be better for us that's not the country we want to be uh and boy oh boy would I think it uh an absolute Earth shattering crime for uh Trump to pursue territorial acquisition through force that that is I am not here for that that would be an atrocity is he threatening to do I don't see anything like that I don't think that's his play I don't think he's going to go down that road but I think he is going to keep beating the drum about this is better for them and they're going to get more prote and he's going to do what he can with tariffs uh to make it harder for them uh to be independent so even what he's saying there in terms of um if they were asked to pay their fair share of NATO they would be in a very difficult position economically as a country now he tips his hand there where it's like oh if you can weaken their economy then it becomes like way better for them to consider becoming being the 51st state so is he going to play that economic card yeah probably is some of the flirtation with the tariffs about that probably um is he going to try to push that through in the next four years I don't know I don't know this is where you read enough history and you start going huh this has pulk Vibes and for anybody that knows how pulk did the Manifest Destiny to get America to go from sea to shining sea he was the guy uh and did it in four years he said I'm only going to run once what is pul p president pulk p o l k I forget his first name um but he said I'm gonna run one time I'm going to be in office for four years and I am going to get America to go all the way across the country and he did it and his own like it was I previously said I wasn't sure if it was uiss srant it was uh he he was like yeah this is horrific because it forced us to go to war with Mexico uh and we just [ __ ] slapped them around and took like a huge amount of like 20 1 million square miles I think fact check me on that number it's directionally correct for sure uh and yeah people were [ __ ] mortified so that would be um that would be civil war time in America if he tried to do it through Force for sure because even I'd be like what the [ __ ] is going on and so probability because sometimes you know what the man's going to do so as an Act of Faith I choose to believe it is essentially 0% chance that he will do it by force I don't think it not keeping me up at all uh but I do think that he's going to try to play that card pretty hard economically it's just crazy that this is real but crazy in a like I am realizing uh there's a concept called real uh Pol real politique real politique so it's like real politics basically what is real politique real politique is this is all Force that's all this ever was economic and physical uh and for 70 years we got to think in the west that that wasn't what this really is that's the game well speaking of force so someone apparently bombed Chernobyl yeah so what on Earth is going on there who and why on Earth would they bombit I don't think anybody knows but uh this is where tinfoil hats will abound and you mean conspiracy theorists yeah yeah because so uh why would Putin do it so the is that the spe forward thing would be this um Putin wants to do a show of because Trump is saying that Putin wants peace and Putin is saying no no no this is all going to be on my terms and I'm going to really [ __ ] these guys up and I'm going to drop a bomb on the sarcophagus around Chernobyl so Chernobyl for people that don't know melted down back in the 80s when it was a part of Russia and they had to build this gigantic concrete sarcophagus over uh Chernobyl to trap the radiation and someone Just Dropped a Bomb on it now either Putin did it as a show of strength like hey [ __ ] you Ukraine like we're going to ruin you guys we're going to get all the territorial concessions just a reminder that we're totally in control there's this concept called a false flag where you do something against yourself to justify uh in zelinsky's case I this is breaking news I am not saying this is what happened I'm just saying this is these are the two things that are being talked about online for zalinsky it would also like if if the world wasn't so used to false Flags now it would be a pretty gangster move you drop that bomb on troby yourself you say Putin did this as an act of aggression dear us all European countries you got to give us more military aid so that we can push this guy back as you can see he's a Madman who would do that now only time is going to tell who actually did this um but you can see a flex on either side if I'm honest the person probably with more to gain is zalinsky doesn't mean he did it but it does mean that it does give him a pretty big card to play to say hey like we've really got to push back against this and uh that's the world that we've always lived in I do not want people to think that's somehow a new world this is the world we've always lived in this is how uh these games are played people will the Nazis did things against themselves uh the US goed Japan into attacking us so that we could enter World War II um this stuff's just real people do this kind of thing all the time people talk about January 6 that there were some number of FBI agent inform or um people faking they were in Disguise but they were actually in the FBI trying to rile people up to get them to attack the capital so these things are real people do this stuff all the time so going back to the nordstream pipeline who blew it up we still don't know but uh many things bound many conspiracy question I have is you said earlier that um Trump said that Putin wants peace and he was like no I don't no no no I'm saying if if it was Putin that dropped that it is entirely possible that his play is to say um either no I want to continue being aggressive I want to get what I want but this is Tom prognosticating this is not Putin actually saying that no but you said Trump said that Putin wants peace yes is he saying that as a manipulative tactic or he really believes it well according to Trump they had a private phone call and um Putin said said I want the war to end now that doesn't mean that Putin yeah of trump of course I want the war to end but I'm going to get all of Ukraine so as soon as they hand everything over peace um we don't know yet or at least I haven't heard anything out of Putin's Camp yet about what this is so I don't know I only know what Trump said about it he was pretty brief and just said that yes he wants peace um you said something earlier which is a little heartbreaking for me as a Brit because when I was in England growing up the thing was America is the land of the free you go there to dream big and be able to execute on that dream but you mentioned it earlier that Dems are actively calling for censorship on Americans yeah this this is crazy to me uh play this clip look let me tell you something I'll take a bit of umbrage here I'll speak on behalf of my colleagues I think I can say we are all willing to work with anyone who's serious about doing the work of censoring the American people and advancing progress that's right but they are not serious I would love to tell you so I watched the whole speech from beginning to end and I would love to tell you that in context that line meant anything other than censoring Americans it doesn't that's liter literally what uh she's calling for ah yeah I am uh I am scandalized by people's lack of fear of being censored and how devastating that is because that is the thing that ultimately it just leads to being crushed from the top down or in addition to that surreptitiously being manipulated through things like all the back Channel stuff that people were doing with the algorithms of the social media companies through covid and this is exactly how you make somebody like Brett Weinstein become radicalized and uh be told that he's crazy and he doesn't understand one of the preeminent uh evolutionary biologist of our time and just absolute Insanity uh the exact person you want trying to sift through the data of the stuff not that he knows the answer but that he knows how to use the scientific method to get to the answer but you need to allow people to speak and so yeah it is super bizarre in this moment to watch the two sides go at each other from hey we need more transparency we need to audit we need to see what's going on and then other people going the only way to get progress is to censor people it's uh it is a gross ignorance of History how can they convince themselves that's a good idea oo okay so steel Manning the other side uh it goes like this oh people I'm sorry for repeating things but they are true you have to understand man is political animal okay what does that mean that means that you have a wide array of human beings with a wide array of opinions a wide array of knowledge a wide array of intellectual capacity given that that is true and that there are extreme Logistics to be taken into consideration if you want to run what's known as a direct democracy so imagine you say Tom this is so simple just ask the people what they want let them vote why do we have to why do we have a representative democracy that's dumb don't have Representatives we live in the digital age you were just saying like all these records should be digital why don't we just make it everybody's got an app on their phone to vote for this that or the other and then you realize that people won't do it that they don't pay attention to the news they're not informed um if they hear a headline they don't read the actual thing they're not making decisions for themselves uh people manipulate because manipulation works and so you have this uh mass of people the vast majority of people they they just want to be in love we're recording this on Valentine's Day they just want to be in love they just want to raise their kids they just want to do a good job at work they want to play some video games they want to go play pickle ball like they they don't want to think about this stuff they don't want to deal with it or they don't have time they're working three jobs and raising kids by themselves they don't have time for this stuff it's not even that they don't want to it's that they don't have the energy to do it okay so that is just a reality to be faced so even if you put an app on everybody's phone they're not going to be educated on the topics they're not going to have time most people won't show up for the vote even if you make it as simple as humanly possible and so now you're even in a direct democracy where you're just saying vote on everything you'll get a small group of people that do the research that do the voting that try to sway the public all of that so there there is no way given the architecture of the human mind to get direct democracy to work plus with all the people voting on all the things you're you're going to be pulled in a thousand directions so what people have realized through the course of human history I'm talking from the dawn of man is that there are always going to be a few people at the top and those few people are going to give you a story and that story is going to help you understand you your country your role in your country what a good person looks like what they do and this is why when people look at say the US versus China it's very jarring because China is a very different cultural story than America now we're all humans but we have these wildly different stories and when you're raised under one story or the other you begin to form a frame of reference that allows people uh internalize this idea your frame of reference controls both what you look at and what you see it it controls more of your life than you could possibly imagine and by telling those stories you can get people to look at certain things you can get them to you can control what they look at but you can also control what they see when they look at it and because of that truth the people at the top who have sad to report often higher intellectual capabilities um they have often more financial means so they have the ability to pay attention to this stuff and they certainly have the temperament for it and they construct that narrative now a more just naked way of saying it is they spin things to get you to see the world the way they want you to see the world and so how do they convince themselves that censorship is a good idea because it works and so by censoring people as long as you're the person in power what do you care unless you have the moral connection to like every human life is sacred then what we we've got a billion people in the country why I mean this is Mal right we've got a billion people why not kill a 100 million to make sure that the other 900 million have a better life if you don't have the empathy of like but that's those are real lives those are real tragedies every one of those people that you starve to death or murder in the most heinous way like that that is a a tragedy of just Epic Proportions if you don't have that you go to the you got to crack some eggs to make an omelet you got to break eggs to make an omelet and that's how they convince themselves that we're right we're just doing these things will lead to Utopia which it never does because humans are far too complicated for that um but that's how they convince themselves and so imagine if you really really believed you were right and you're really going to lead people to the promised land how many people would you be willing to kill and unless your answer is zero then you end up in a weird position okay that explains why she would say it thank you for breaking that down why would me let's say the average citizen why would I agree to censorship like that seems so crazy to me that's like hey whatever you think you shouldn't be able to say how has that convinced me it's like an every person why would someone vote for that okay this frame of reference so it comes down to what I call and the team is begging me to come up with better branding on this it's what I call the dumb voter problem ask somebody Point Blank you have a voter who's too dumb to make an informed decision and they're going to vote for Donald Trump uh what should you do with that person and that's where you get people who are like you can't let Trump speak you can't let him reach into the minds of people that are too dumb to realize that that he's lying to them that he's a criminal like that's going to be their thing now to me the only right answer to that question and obviously I'm not saying that person actually is too dumb I'm saying when somebody believes that person is too dumb uh what do they want to see happen the only right answer is you must allow them to vote you must allow them to have a voice because you can't let anybody decide who's too dumb to vote or who's too ignorant or too manipulatable or whatever uh because again you go back to authoritarian rules the only way to stop that is through force all right well um free speech right now still exists and in America in America yes thank you basically only America but people are freaking out over the speech that Jamie Diamond say Jamie Diamond Jam Diamond did um that was leaked and he is the CEO of Chase and we have a clip of it let's show that that is not it that is not it Jamie D from home not clip that yep a lot of you were on the [ __ ] zoom and you were doing the following okay you know look at your mail sending text to each other about an [ __ ] the other person is okay not paying attention not reading your stuff you know and if you don't think that slows down efficiency creativity creates rudeness and Stu it does okay and when I found out that people were doing that you don't do at my goddamn meetings you you go to me with me you got my attention you got my focus I don't bring my goddamn phone I'm not sending text to people okay it simply doesn't work and it doesn't work for creativity it slows down decision- making and don't give me the [ __ ] to work from home Friday works I I call a lot of people Friday they're not a goddamn person you get a hold of but here are the problems okay and they are substantial okay which is the Young Generation is being damaged by this that may they may or may not be in your particular staff but they are being left behind behind they're being left behind socially ideas meeting people in fact my guess is most you live in communities a hell of a lot less diverse than this room every area should be looking to be 10% more efficient if I was ready to depart with 100 people I guarantee you if I wanted to I can run it with 90 and be more efficient I guarantee you I could do it just I could do it in my sleep and the notion these bureaucracies I need more people I can't get it done no because you're you're feeling that request that don't need done your people going to meetings they don't need to go to someone told me to approve some his wealth management that they had to go to 14 committees I am dying to get the name of the 14 committees and I feel like firing 14 chairman of committees I can't stand it anymore now you have a choice you don't have to work at JP Morgan so the people of you who don't want to work at the company that's fine with me I'm not I'm not mad at you don't be mad at me it's a free country you can walk with your feet you know but this company we could have set our own standards and do it our own way woo all right as a business owner and someone that used to be an employee um so let's not forget that how do you feel about that he's right and there's just no two ways about it and I don't expect what he said to be popular but it's so accurate that uh this is one of those I wish there was a way to run an experiment to make somebody run a company for a year and put their house on the line that if you don't get this right you lose your house like all of a sudden it just cuts through all the [ __ ] and the reality is work from home is wildly inefficient humans are way better when they can overhear each other when they can just walk into a room and have a a quick conversation people getting bogged down in meetings and all of that stuff it it is not only deeply inefficient but it is going to be the downfall of a lot of companies in the AI age they are just not going to survive you have to be lean you have to be mean you have to be aggressive you have to understand that business is a competition and so people want business people want business to basically take care of the employees but you cannot take care of the employees if the company goes out of business and that's the thing that I think people are super blind to because they don't think of it as a business because he even said like the efficiency of it if we can do something with 90 people instead of 100 at least for me my business brain goes sometimes you have to make those decisions to keep the company alive you have to keep the the p&l Align so if it's not you end up shutting down the company no one has a job yeah um so do you think that this is just a difference in mindset between entrepreneurs because guaranteed every person that I know that owns a business would agree with this ye yes it's not just that though you will get people that are hungry and they really want to do something awesome they're ambitious and so people in that position are probably going to hear that and be like yeah that resonates with me like I'm here to win I want to be a part of something that matters I want to go there a really um interesting story of an engineer that was working for Elon I think at SpaceX and um he was burnt out and he quit and goes and works somewhere else and I think it was the um the author that wrote the biography I think and comes back later and sees that guy that had previously quit because he was burnt out and he was like why'd you come back and he was like uh I went to another company and I was bored out of my mind and I realized that I'd rather be burnt out than bored and so there that's not necessarily somebody that's
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