Discussions about houses and impressions, including a mention of a fundraiser and a donation from the Winklevoss brothers.

Introduction and House Impressions

Discussions about the challenges faced by businesses under the Biden administration, including the need for a business framework and regulations.

Business Challenges Under Biden Administration

Discussions about tax cuts, regulations, and their impact on the economy and business investments.

Tax Cuts and Regulations

Discussions about the impact of taxes and regulations on productivity, crime, and quality of life in certain cities.

Impact of Taxes and Regulations on Quality of Life

Discussions about the impact of tax cuts, tariffs, and potential inflation due to tax cuts and tariffs.

Impact of Tax Cuts and Tariffs

Discussions about controlling spending, impoundment authority, and reducing bureaucracy and wasteful spending.

Controlling Spending and Impoundment Authority

Discussions about energy policy, nuclear power, and the competitiveness of the U.S. in the global energy market.

Energy and Nuclear Power

Discussions about foreign policy, NATO expansion, and the U.S. stance on military involvement in Ukraine.

Foreign Policy and NATO

Discussions about the Israel-Palestine conflict, Iran's nuclear capability, and the impact of U.S. policies on the Middle East.

Israel-Palestine Conflict and Iran

Discussions about Roe v. Wade, abortion laws, and the authority of states in regulating abortion.

Roe v. Wade and Abortion Laws

Insights on the US-China relationship, the impact of COVID-19, and the potential for peaceful coexistence with China.

US-China Relations

Discussion on Fauci, gain of function research, and the decision to stop funding research in China.

Fauci and Gain of Function Research

Insights on the World Health Organization, US funding, and China's influence over the organization.

World Health Organization and China

Remarks on the deep state, FBI, World Health Organization, and government reforms.

Deep State and Government Reform

Discussion on border security, the construction of the wall, and immigration policies, including the H1B visa program.

Border Security and Immigration

Insights on federal debt, deficit, and government spending, including the impact of tariffs and tax cuts.

Debt, Deficit, and Government Spending

Remarks on foreign policy, Ukraine's entry into NATO, and the US military involvement in European conflicts.

Discussion on Iran's excess cash and the JFK question as a proxy for the deep state and government influence.

Iran and JFK

The importance of transparency in government and the influence of the CIA in decision-making.

Transparency in Government

The influence of the establishment class in various institutions and the need for clarity and information.

Establishment Class and Institutions

Discussion on Fauci, China, and Trump's response to Fauci.

Fauci and China

The media portrayal of President Trump and Biden's promised return to normalcy.

Media Portrayal and Presidential Views

Discussion on Trump's agenda, leadership style, and the need for unifying speech.

Trump's Agenda and Leadership

Comparison of Trump and Biden's economic policies and skepticism of big government spending.

Economic Policies and Infrastructure

Assessment of Biden's presidency and Trump's softened approach in the interview.

Biden's Presidency and Trump's Approach

Reflection on the interview with President Trump and the importance of forming independent opinions.

Interview Takeaways

- The conversation includes discussions about houses, a fundraiser, and the difficulty of doing business under the Biden administration
- The President emphasizes the importance of tax cuts and regulation cuts for business and economic growth
- The conversation also touches on the impact of high taxes and regulations on productivity and quality of life in Democrat-run cities
- The President expresses his belief in the effectiveness of tariffs for both economic and political gain, despite concerns raised by Larry Summers

- The speaker discusses the importance of maintaining the US's economic competitiveness and the impact of tariffs on trade relations with other countries. 
- They also address the national deficit and the need for growth and efficiency to control spending. 
- The speaker proposes sending education funding back to the states to save money and improve the education system. 
- There is also a discussion about the need for increased electricity supply for AI development and the challenges with nuclear energy production in the US.

- The speaker supports nuclear power but believes it should be done in a cost-effective manner
- He expresses concern about foreign policy, particularly regarding Ukraine and NATO
- He criticizes the Biden administration's approach to Iran and the Middle East
- He discusses the issue of abortion and states that it should be left up to the states to decide

- The speaker discusses the liberal vote in Ohio, Kansas, and Texas, and the issue of abortion in the eighth and ninth month
- They express support for exceptions in abortion laws for rape, incest, and the life of the mother
- The speaker believes war with China is not inevitable and discusses their actions in relation to China during their presidency
- They also discuss their distrust of Dr. Fauci and their decision to withdraw from the World Health Organization and the Paris Accord
- The speaker mentions their actions regarding the FBI and the border situation

- The interviewee discusses the border situation and the effectiveness of the wall that was built
- They express the need for high skilled workers in the country and promise to make it easier for them to stay in the US after graduating from college
- The interviewee also mentions the release of the JFK files and expresses a willingness to be transparent about it
- They express concerns about the competence of their political opponent in the upcoming debate

- The interviewee expressed appreciation for the interview and hopes for a return in the future
- They discussed Biden's potential willingness to do the interview, with the interviewee expressing doubt
- The interviewee praised the president's handling of questions on Roe v. Wade, Ukraine, and H1B policy
- The interviewee expressed concern about federal spending and deficit, and the potential impact of tariffs and tax cuts on inflation
- The interviewee highlighted the president's clarity on abortion, H1B visas, and NATO involvement
- The interviewee expressed a desire for more clarity on the Israeli-Palestinian conflict

- The speaker discusses the Israeli-Palestine conflict and the influence of Iran
- They also talk about the JFK files and the need for transparency in government institutions
- There is a discussion about trust in Fauci and Trump's negotiation tactics with dictators
- Overall, the speaker supports Trump's pro-growth agenda and negotiation skills, but also questions his approach to debt and internal conflict.

- Discussion on houses, fundraiser, and challenges of doing business under Biden administration
- Emphasis on importance of tax and regulation cuts for business and economic growth
- Impact of high taxes and regulations on productivity and quality of life in Democrat-run cities
- Belief in effectiveness of tariffs for economic and political gain, despite concerns raised
- Importance of maintaining US economic competitiveness and impact of tariffs on trade relations
- Addressing national deficit and need for growth and efficiency to control spending
- Proposal to send education funding back to states to save money and improve education system
- Need for increased electricity supply for AI development and challenges with nuclear energy production
- Concern about foreign policy, criticism of Biden administration's approach to Iran and Middle East
- Discussion on abortion laws and support for exceptions in cases of rape, incest, and life of the mother
- Belief that war with China is not inevitable and distrust of Dr. Fauci
- Actions regarding FBI, border situation, and release of JFK files
- Need for high skilled workers in the country and promise to make it easier for them to stay in the US
- Concern about competence of political opponent and appreciation for the interview

- The speaker discusses the internal and external conflicts caused by debt and war
- They express concern about repeating history and the need for a change in leadership
- They compare infrastructure costs between the US and China
- The speaker discusses their impressions of President Trump and their invitation to President Biden
- They emphasize the importance of forming independent opinions and providing ground truth data for listeners

The video features a conversation with Sachs and ends with talk of sexual tension and the need for release.

The speaker discusses the impact of debt and war, expresses concern about repeating history, compares US and China infrastructure costs, shares impressions of President Trump and invites President Biden. They emphasize the importance of forming independent opinions and providing ground truth data. The video ends with talk of sexual tension and the need for release."""

(0:00) Bestie intros: Big house talk!
(1:37) Economy: Regulation, taxes, tariffs, taming inflation, de-dollarization
(12:02) Federal debt: growth, spend control, where to cut, role of energy, nuclear
(20:22) Foreign policy: Ukraine/Russia
(25:05) Foreign policy: Israel/Palestine
(28:13) Abortion: Stance on a national ban
(31:09) Foreign policy: China
(32:33) COVID: Origins, Fauci relationship, deep state, bad deals
(39:39) Border: Wall, immigration, H-1Bs, recruiting global talent
(46:07) JFK Files: Full release, importance of transparency
(48:06) Debate prediction
(50:15) Post-interview debrief

Follow the besties: 
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https://twitter.com/Jason
https://twitter.com/DavidSacks
https://twitter.com/friedberg

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Intro Music Credit:
https://rb.gy/tppkzl
https://twitter.com/yung_spielburg

Intro Video Credit:
https://twitter.com/TheZachEffect

Referenced in the show:
https://x.com/tyler/status/1803872859938549920
https://x.com/cameron/status/1803876953860247831
https://x.com/LHSummers/status/1802097688269181436
https://x.com/davidsacks/status/1798883245670707465

#allin #tech #news

I heard you have a pretty nice house, too.

I know, the judge said 18 million people said, Palm Beach has gone down a long way.

And it's said we open source it to the fans and they've just gone crazy

Thanks so much for sitting down with us, Mr.

The All In Pod is basically the 4 of us having conversations.

It's kind of a spectrum of different views.

We got sort of like a little bit of some Fox News and then some MSDNC at the same time.

Anyway, Chamath and I, we had a great time at the fundraiser that we did a couple weeks ago.

And I heard the Winklevoss brothers are actually announcing that they're donating a million dollars each in Bitcoin to you tomorrow.

So I think that's a great result to come out of it as well.

Got to meet them for the first time at your house and terrific, terrific.

I don't know if that court case was proper, but they were very nice, both of them.

You know, and I think maybe this is a good place to start in our conversation is, you know, 1 of the things I think we heard a lot at that dinner was just the difficulty that people in business were having under this Biden administration.

You got the crypto guys who just want a framework.

They just want the government to tell them how to operate, and they can't get that.

You got no M&A happening right now in tech.

The real estate guys, they can't get loans because the interest rates are through the roof and there's a credit crunch So I think 1 of the common themes we just heard across that dinner was that it was just so hard to do business Right now and I guess maybe a good place to start would just be you know what's the number 1 thing or maybe the top 3 things that you would do to kind of get things moving again, you know, if you're reelected?

So I'd say regulation, regulation and taxes.

You know, I gave the biggest tax cut in the history of our country a lot to business.

It took him down from, look, as you know, they were paying people, companies were paying 40%, 45%, including state and city taxes in many cases.

We'd like to get it down lower, actually, but we got it down and the revenues were better than ever, even with the lower rate.

We had record revenues, which tells you a little bit about that.

But also the regulations and when I asked a lot of people, a lot of big people, a lot of corporate types, big corporate types, I said, if you had your choice between just the taxes or just the regulations, where did I do better?

In 4 years, I cut more regulations than anybody by far, not even close.

And when I spoke to different people about the regulation versus the taxes, I don't think I've ever had anybody say, and the taxes were a massive cut, from 37%, 38%, if you look at it just there, to 21%.

I don't think I ever had anybody say that the taxes were more important than the regulation cuts.

I made it possible to do things, to invest.

I was able to get companies with a lot of money outside of the USA to bring that money back in.

So that means if they bring the money back, they lose half their money before they even start.

But it was also impossible from a standpoint, a structural standpoint, a legal standpoint.

And they were able to bring back, I mean, Apple's an example.

They brought hundreds of billions of dollars back from other countries into the United States and invested it here.

But it's very interesting because I asked the question all the time, which was more important.

And almost everybody said I did an even better job.

And I got the biggest tax cuts, the biggest tax cuts, bigger than the Reagan tax cuts, but they found regulations and the regulation cuts were even more effective.

And that's where we had the great economy And that's where we had the great economy, and that's where we had the most jobs ever produced.

So there's this odd thing that happens in certain states where taxes

keep going up, and then you start to see the states break, right?

Productivity breaks, crime goes up, and quality of life goes down.

But then people don't understand that taxation and all of those things are correlated.

Why don't people understand universally that lower taxation is better for productivity?

And it's such an interesting question, because you look at some of these places, like Chicago and New York and LA and so many more.

I'd hate to even mention the 3, because there are worse examples than that.

You look at what's happened in Oakland, and you look at what's happened into some cities that are disappearing.

I mean, they're literally just crime waves.

Nobody lives there except for criminals, because you can't live there.

And when you look at the kind of crime that we're talking about, and then they take the power away from the police, the police can't do anything.

If they do anything to stop it, they end up losing their pension, their house, their family.

And we're not talking about the rogue cops who do something really bad and should be taken care of badly, you know, be nasty.

But mostly, I mean, these people, they want to really, like 99%, they want to stop crime.

They're not allowed to even, they're told not to do anything.

When you see a department store that was so proud, they opened up a new store in a certain city and all of a sudden, over the last couple of years this happened, this phenomena where 500 usually young people walk into the store and take everything.

They have masks on, they walk out with television sets, air conditioners, they walk out with everything.

This is a new phenomena that's taking place and it's incredible.

Look at drug stores, Look at what's going on.

I don't walk into too many drug stores, but I used to love it.

I used to love to walk around and just look at what it is, whether it's a drug store or department store.

But they told me just a little while ago, I had a meeting with some people, and they say you walk into a drugstore in New York and everything's covered up with bars and glass and if you want just a little thing of aspirin or if you want to buy a toothbrush, you have to wait a half an hour to get a clerk and they open up this vault and they give you a toothbrush or they give you, how do you do business like that?

This is a phenomenon, there's never been anything like this.

They didn't use to have theft of even the most minor items.

They had very little theft, relatively speaking.

They didn't have theft, But they had the police would arrest them if they did something.

If you steal less than $2,000, you don't get arrested.

It's incredible when you see what's happened to the quality of life in our country.

But you look at retail, and I know the big deal.

It used to be a big deal when a department store moved into a city or, you know, a certain store opened up even in a town.

But it's usually the Democrat-run big cities where this problem is taking place.

I just say you look at the 25 cities, the top problems, they're just about all Democrat.

Yeah, no cash bail, all of these different things that have taken place.

And on top of that, you can't walk to a store, you end up getting shot or mugged or something.

The level of crime in the cities, in these big cities is out of control.

President, Can I just ask on your point about the tax cuts?

Larry Summers made a comment the other day and I thought maybe you could respond to his tweet that the tax cuts coupled with the tariffs that you've proposed would cause a massive, I think he called it the mother of all stagflation where you would have kind of inflation because of the tariffs, you would have economic decline, because more money would start to fund an increase in prices with tax coming down, tax cuts being put in place.

Can you maybe just comment on the comment made by Larry Summers and how we implement tax cuts without inflation.

Well, let me say that I respect Larry Summers a lot.

He's been right about a lot of things and Obama and Biden have been wrong.

Certain things that he said turned out to be true, certain things.

And he really, I do have a good respect for him.

He's a different kind of a guy, and he speaks his mind.

I happen to be a big believer in tariffs, because I think tariffs give you 2 things.

They give you economic gain, but they also give you a political gain.

If a country is out of control and something having nothing to do with economics or having nothing to do with money coming in or money going out, but other things that are very political because there are a lot of other things involved in countries, you have tremendous power over a country.

Now not everybody can say that, but we can because we're the big piggy bank.

But our piggy bank is going to get smaller and smaller all the time because we're losing power.

We're losing a lot of countries on the dollar.

If we ever lose that, that's the equivalent of losing a war.

Ukraine doesn't sort of exist in a sense.

But when you look at China is essentially gone.

The other day, I read where Saudi Arabia is willing to now go in various different currencies instead of the dollar.

This is a big thing that's happening against our country, and we cannot let that happen.

With tariffs, it gives you a tremendous power as an example not to let that happen.

You say you want to do that, we're going to put tariffs on your product coming into the United States.

But more importantly, and that's a big importance, but probably of more importance is they tax us, we tax them, reciprocal trade.

I think we should have a reciprocal trade act.

If China is going to charge us $100 tariff or 100% tariff on a car, then we should say you got to pay 100% to us.

You know, I put on a large tariff on China cars coming in, And it had a huge impact, a huge positive impact.

But, and Biden only is doing the electric cars.

I don't know why that is because the electric cars, they're gonna end up all being made in China, by the way.

The United Auto Workers are gonna take a blow like no unions have.

Between that and people coming in, pouring into our country, unions are getting absolutely decimated.

But the reciprocal act is, I think, a very important thing when these countries, and I don't mean just China.

They don't want our farm product, and they don't want our cars, and they don't want anything.

But you could go with many countries, and they essentially do things to us, and we should do things to them.

1 of the things we've talked about President Trump on this podcast a lot is the deficit under your administration.

We added close to 8000000000000 under Biden.

It's going to be paradoxically about the same number.

Seems incredibly unpopular in Washington to cut costs, but that's something we're going to need to do.

And it looks like you're going to win a second term here.

What's your plan in your second term to control spending?

Is there the will in Washington to allow you to do that?

Well, the biggest thing I think is growth, because we can grow our way out.

As an example, we have more liquid gold under our feet.

We have more everything than anybody else.

He's going to keep it that way until after the election if they ever won the election There's no more oil coming out.

They were going down oil is what caused the inflation You'd have nothing coming out.

It would be a disaster So They were intelligent enough to let the oil wells continue to go.

But if this election were won by them, I can tell you right now, you would be- we would see oil go through the roof because they would really close it up.

Already they're taken out of the strategic reserves just for politics because they want to try and keep the prices down as low as possible.

But the big thing, we have tremendous growth potential and we have tremendous numbers of dollars that can be saved through efficiency.

The way we're spending money, hundreds of billions of dollars, what Biden did with the trillions of dollars that he borrowed for COVID.

We were getting ready to start paying off debt.

I had to throw a lot of money at COVID in order that we didn't end up in a 1929 type depression, which we could still end up in now because of what they've done.

But I threw a lot of money in, and We ended up not in a depression, and then we ended up with a very strong, you know, I ended up with a higher stock market than it was just previous to COVID coming in, which was pretty much of a miracle, according to most.

But we had to throw money out there in order to keep our country going.

We would have ended up, if I didn't do that, we would have ended up in a depression.

The problem is, when Biden came in, he took trillions and trillions of dollars for COVID.

He didn't use it for COVID, he used it for other things.

Energy costs, his energy policies caused inflation.

And his spending, the unbelievable spending that they did, caused inflation, tremendous inflation.

And it's going to have an impact for a long time to come.

Can you talk about your impoundment authority intention?

You mentioned that in the past that you could go in and reduce the bureaucracy and the spend.

I always tell people my position going into the election is less than I'm interested in knowing what the government's going to do for me.

And I'm more interested in knowing what the government's going to stop doing that doesn't do any good for anyone.

And I'm really curious to hear, sir, how you think about using the impoundment authority vested in you as president of the United States to reduce some of the bureaucracy, wasteful spending, and create accountability.

And what's the, you know, is there a team that you've built around you to help build a specific plan on backing out of some of these issues?

We have a lot of money floating around that should be brought back into the government, should be given back to DC, to Washington.

As you know, there was a lot of money given out over the last couple of years, especially over the last, my money was given out to help us with COVID, then they took money and they have no idea what they're even doing with it.

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In conversation with President Trump