← The Dan Bongino Show
The Dan Bongino Show
Another Assassination Plot? (Ep. 2525)
01:17:02
In this episode, I break down the foiled plot to assassinate Ivanka Trump, the "war on fraud" takes on a larger scope, and the Iran war draws closer to the end.
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- [00:03]
A
All America, all the time. Sit down, buckle up and get ready for the Dan Bongino show. All right. You know, I, I don't like asking for favors. Matter of fact, I hate it. I think it's stupid. You know what the favor is? You listening to the show like that's the greatest favor of all. Like you've already done enormous amounts for me in my life. However, I have an interview. For those of you don't know, occasionally while tape interviews in advance right before the show. I actually just finished it a minute ago. And it's only because of timing or, you know, we don't. Sometimes we don't want any tech hiccups. Sometimes they're live, sometimes not. It's not the point. Point is I just two minutes ago wrapped up an interview with a guy you may know from the show. We play his clips all the time on economics. Peter Stage. I'm telling you, we're going to get to it in about 45, 50 minutes. It's about 20 minutes long. If you cannot tune out, I can't forbid it. I believe in Big R, God given rights, but if this was a communist socialist state, I would forbid it. You can't. You got to watch it tune out. Come back, watch it VOD later if you're short on time. Gotta take the kids to school. It is the best 20 minutes on what AI is really gonna do and it's the story rather than us story. I'm telling you, you will not regret it. It is just. I'm just gonna leave it there because it sounds like too much. You say too much. I got a big show for you today. Can the Democrats get their message straight in Iran, another assassination plot against Ivanka Trump. The picture that I think is going to sink a Democrats campaign. I don't know who does this kind of stuff. Thanks to producer Jim. I saw this picture pop up yesterday, sent it to me and I almost. You ever laugh so hard your diaphragm goes in a spasm? This is one of those. So I got a lot to get to. Today's show brought to you by Beam Dream. Beam Dream. If you need to get a good night's sleep, it'll change your nights like it did mine. Deeper sleep, clearer mornings, more energy like I have today. Get American Made Beam Dream Powder for up to 40%. Off with code bongino@shopbeam.com Bongino get a good night's sleep. Today's show also brought to you by my morning go to Bott blackout coffee. We're thinking about Doing one of these, like, hey, mornings with Dan before the show kind of thing. And one of the things you're gonna see is I drink a lot of blackout coffee. You're still starting your day with watered down big corporate crap brown water coffee. Big mistake. Huge. Huge. You're doing it wrong. Every morning I drink real coffee. Bold, never bitter. Tastes like coffee. Coffee just like Texas as Texas. You want coffee, Tastes like coffee. Blackout coffee. No nonsense coffee. Exactly how coffee should be. And here's the difference. It tastes amazing. Blackout coffee is a small American company that actually shares your values and are proud of it. They roast some of the best coffee I've ever had. But listen, it's important. Don't just buy a bag. Join the coffee club. That's what I do. Your coffee shows up automatically. You save money. You get free shipping. You save time so you don't got to constantly go back and order. You're never stuck drinking bad coffee again. Plus, you start stacking rewards. They eventually hook you up with bonus credits after a few deliveries. Can't beat that. And right now they've got some really cool limited releases for the 250th anniversary of the United States because they love the country. You don't want to miss those. Go to blackoutcoffee.com Bongino Use code BONGINO. B O N G I N O for 20 off your first order. That's blackoutcoffee.com BonginO Join the coffee club today. Trust me, once you switch, you're not going back to some crappy old brown water coffee again. Blackoutcoffee.com Bongino all right, let's go. Listen, I haven't spent a ton of time on Iran. I'm just going to say this in the beginning of the show because the Democrats message on Iran. They're on Team Iran right now. Death to America. The Democrats are like, yeah, go Iran. They like, you know the number one finger, the foamy finger they used to sell at the thing? Their thing says, go Iran. Death to America. Ayatollah's rule. They're like, hashtag, welove Iran. Like they're on Team Iran. I've never seen anything like it. No matter what the President does, the Democrats constantly bitch and moan about it. I have never seen anything like this. President Trump bombs Iran and kills the ayatollahs that want to kill us. How do we know they want to kill us, Justin? Because they say it every day. It's like the bumper sticker on their car. It says, like, death To America. And it's like footnoted with the dates. They said it thousands of times. They said it. Trump goes and kills the Ayatollahs, wipes out the leadership, destroys a lot of their missile supply, destroys their ability to easily get their footing back up to launch a freaking nuclear weapon. And the Democrats are bitching and moaning, I can't believe it. It's an illegal and unnecessary war. Okay, Democrat talking point number one, how it's illegal. Are they going to try. You're going to make up a fake criminal case against President Trump. Justin's like, don't give him ideas. Don't give him ideas. He's the commander in chief. Impeachment, three peat. Right? Well, that's definitely coming. No matter what, they'll just make it up. So talking point number one, illegal and unnecessary. Unnecessary. They were only trying to get a nuclear weapon to kill us all. Whatever. Then President Trump, they go through a ceasefire process. President Trump is negotiating with the Iranians to get a deal for some, hopefully midterm. I don't think it's ever going to be long term stability, but midterm stability. So we don't have this sword of Damocles hanging over our head in this threat. And the Democrats are bitching again. I can't believe this guy's in the deal making process. What freaking. Oh, I want to say something there. What freaking story is it? Can the Democrats. Can you engage in a cranial rect automy and pull your craniums out of your collective asses and just tell us what your stance is? Not that it matters anymore because you're so crazy, but at least we would know what you're arguing. I watched this news coverage from these crazy CNN and MSNBC channels and I. Do you want him to negotiate or not? I guarantee you the same people bitching that he's negotiating. If he starts dropping bombs again tomorrow and wipes out level 62 of the Iranian malaocracy, they'll be bitching about that. I can't believe he's bombing again. Okay, bro. I mean, we all still live in this country. We. We see the flag behind me. That's not the Republican flag. That's the flag of the United States of America. It used to be gauche to do this while we're engaged in hostilities. Be shitting all over the country. Really? I've never seen a party you can gripe all you want about the Republican Party and the MAGA movement. I'm going to tell you something. You're comparing it to like the freaking Bad News Bears before they had good news. The. I'm like, getting old. Some of you remember that movie. What's your standard of excellence? The Democrats, they're in total disarray. They've got a cabal of candidates so bad. You've got a Nazi tattoo guy, one guy who's alleged to be part of some al Qaeda associated group. You got another lady running in Michigan who tells everyone how Michigan sucks. You've got a bunch of. You got a candidate who's now the mayor of New York talking about confiscating people's real estate because he doesn't, like, quote, bad landlords. This is your slate of candidates. This is like, loser freaking central. Gripe all you want about the Republicans and the MAGA movement. Your movement is total shit. It is garbage. It's like, man, that microwave pizza is terrible. Well, you could eat dog shit now. Take the microwave pizza. Everything's relative, folks. Oh, yeah, that was the other one. The one running in Texas. 35 who wanted to put Jews in concentration camps and castration centers. Like, you might have cut their balls off and stuff. What the. She got 40% of the vote, by the way. They're all pissed off, too. The Democrats are all pissed off at themselves. They're in disarray. They. Because what's the one story they did not want back in the news? The Joe Biden story. Folks, I've got from very good sources on the political front in D.C. that the Democrats on Capitol Hill are freaking furious. Hunter Biden's out there doing podcasts again, talking about the Jews, whatever. You got Jill Biden out there. Like, I think my husband had a stroke and then we took him to Waffle House after the debate. Nobody, when the Democrat Party wants to talk about this. I'm going to make a case to you. Yesterday, the show. We shouldn't have started with that story. But because I'm going to tell you something. Not only the Democrats not want to talk about Joe Biden and 2024. I should have known this yesterday. I've been in this business a long time. Nobody on the Republican side cares either. I can tell feedback on a segment. No, everybody's done with it. The guy obviously has some cognitive decline. Just move on. And it's all over the news. Nobody wants to talk about this loser presidency anymore. So they've got two problems at Dems right now they can't get. Well, actually three they can't get. Oh, here's President Trump about Jill Biden. They got three problems right now. They can't get a coherent message together on Iran. Trump should negotiate. Trump shouldn't engage in war. Trump engages in war. They criticize war. Trump engages negotiations. They criticize negotiations. Their second problem, Joe Biden's back in the news reminding everyone of the really shitty Joe Biden era of 9% inflation, which are all from Afghanistan. American power going down, down the tubes and an open border. The Democrats want to move on. The third problem they have is their candidates are genuinely awful. They are terrible. Their candidates are the worst I have ever seen. And what it's doing is it's leading to this infighting on the Democrats side where they're all showing their ass. And the only way to prove bona fides to your Democrat cause is to engage in increasingly violent rhetoric. Folks, this stuff is getting really, really, really dangerous. It got really dangerous a long time ago. Did you see this story from Fox yesterday? Poor Erica Kirk, she loses her husband and you've got lunatics out there like this Texas man accused of threatening to kill Erica Kirk and bomb a turning point event. Looks like the FBI and the locals got ahead of that. Guy's been charged with a third degree felony count of making a terroristic threat. Everyone's innocent till proven guilty. However, 26 year old Jacob Wensky allegedly wrote a disturbing series of online posts and emails saying he knows exactly where to bomb an upcoming TP USA event. What the is going on here? The answer is there's a party in disarray where their only coherent message is violence. At this point, that's it. We have another assassination attempt disrupted by the FBI against the Trump family. Did you see this story on Fox News? This time against Ivanka Trump. Now you may say to yourself, well, what stage was this in? Apparently serious enough that this Iranian connected suspect in the case had blueprints to her House Democrats. When are you going to dial down the bullshit and just come up with an actual platform to run on other than let's go whack the other side. Check this out.
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According to a court filing earlier this month, it turns out that as alleged terrorist from Iran's notorious security service had pledged to murder first daughter Ivanka Trump. And his plot was actually so advanced he had obtained a blueprint of her $24 million Florida home. According to the New York Post, he also posted a chilling threat on X that translates to quote, I say to the Americans, look at this picture and know that neither your palaces nor the Secret Service will protect you. We're currently in the stage of surveillance and analysis. I told you our revenge is a matter of time now. The suspect, Mohammed Al saadi, is a 32 year old Iraqi national. He now stands accused of taking part in as many as 20 different terror attacks on Americans. He was taken into FBI custody after agents identified his revenge plot. He was hoping to avenge the killing of Iranian military chief Qasem Soleimani in a US Drone strike in Baghdad. As you just mentioned, Dana, six years ago.
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Folks, and please, like, let's not with the. And I know the media folks who listen to my show. I read your nonsense and stuff. The left wing media people, please stop with the childish bullshit. It's both sides. It's not both sides. We have been cleaning up people pretending to be part of our movement for the last, you know, year plus of the Trump administration. Did you miss all those stories? Because I've been central to a lot of them. Not the only one. Don't tell us it's both sides. We accept none of this stuff on our side. You guys just. I've never seen a worse slate of candidates, a worse messaging campaign. That's why Democrat approval. We had that poll up the other day. Democrat party approval is like at like 10% or some ridiculous number because you guys just really suck. I told you. You complain about the Republican microwave pizza being terrible and you're feeding your people dog food. By the way, speaking of feeding people, this is the worst slate of candidates I've ever seen. I'm going to tell you something. I think Platner is the worst Nazi tattoo guy up in Maine. But this dude in Texas, Talafrico, I can't get enough of this story. This guy's running in Texas. Look at this picture producer Jim, who's like the barbecue king. He's won like barbecue smoke, meats, like awards and stuff. Jim's like. Jim's religion is like barbecue. He loves Jim's like God barbecue. Jim loves his barbecue. He sends this over to. There's a picture of Talofrico. What the. Who the eats barbecue like that. You get the napkins for when you're done eating the barbecue. You don't like eat the napkin with the barbecue. What the hell is that? Has this guy ever had like extra moist brisket? Is he. What the hell is this guy doing? Let me get it. You can get your hands dirty with barbecue. Some of these places even have like the quickie wipes or whatever you call them, like the Quickie Mart from the Simpsons. They even got the wipes afterwards. Here you go. You eat the barbecue. You can get your hands dirty with Barbecue, bro. This, I mean, you. Davy Crockett, Jim Bowie, Talafrico. No. Sam Houston. Talafrico. No. No. Worst slate of candidates I've ever seen. And now we're in with the Democrat Party because they can't get a message. We're in the, like, total chaos stage where the Back to the Dipsy doo flipperoo. Does anybody remember what the Dipsy do Flipperoo is? I haven't mentioned one of these in a long time. This is when the Democrats are in such disarray that they sense the Republicans are onto something. So they just take the message and they flip it around and make it about the Republicans. I'm going to show you an example. Senator Mark Warner from Virginia coming up here on CNN in a second. It's a short clip, but they are really worried right now that President Trump's Department of Justice may be onto something with election fraud in this Fulton County, Georgia case. I played the clip yesterday. We'll see what happens. That I'm going to get it as you get it. I'm out in the public space now. However, they're really starting to freak out. It's incredible how a search warrant was issued, meaning a federal judge said there's enough evidence here, potential election anomalies in Fulton County, Georgia, that we're going to look into this and issue a search warrant. And the Democrats continue to claim, well, there's no evidence now that they know they're losing that argument because a judge has already signed off on this. They do the dipsy do fliparoo. They say, well, if you're going to focus on Democrats potentially cheating in elections, we're just going to turn around, do the flipparoo and we're going to say Donald Trump is trying to cheat and win elections. The Dipsy Doo Flipperoo is the, it's a tactic as old as electoral time. They do it every time, but, but it's always a sign they're in a panic. So when you see it, you got to point it out here, as I said, a stereotypical example of when they do this every time. Check this out. Anyone that doesn't think that we could see, you know, actually the interference in our elections at an unprecedented scale, I think it's a bit naive. Again, I pray that I'm wrong. And I, and I could be wrong if, if people in both parties find a spine and say, yeah, no, we gotta have free and fair elections this country. But all so much of the evidence I'm seeing so far doesn't lead me to that conclusion, folks, whenever you see the gypsy do call it out immediately. It is a hallmark sign of red line, 9,000 rpm panic on the Democrat side every single time. They are so concerned that this investigation in Georgia is going to turn up. Is it going to turn up enough information that there were enough votes to overTurn the Georgia 2020 election vote? I don't know that. I'll find out as you do as it, you know, works its way through the process in the court system, I would argue to that point secondary, that election's over. Donald Trump's in office. He's number 47. Now the primary yard's not irrelevant. However, the primary argument is going to be Even if it's 100 votes or 500 votes, the fact that there was a process uncovered in a court system to flip votes or steal votes is the argument because the Democrats have made the opposite argument. Oh, this voter fraud is bs. It's all a Republican talking point. It's all garbage. They can't say that anymore. That's what they're worried about. That's why he's pulling a fliparoo. Get the media to talk about Trump trying to steal elections while Trump's trying to focus on people not stealing elections. Folks, the Democrat messaging machine, there's something Trump has done to them. He has thrown some malicious code into their messaging machine software. I'm telling you, I've been at this game a long time between being a candidate and a commentator. Not as long as everybody. I mean certainly not as long as Levin and Hannity and others. But it's been well over a decade. I've got a good body of experience. I only tell you that because it's relevant to my next point. I have never seen them this chaotic, angry and violent in their message ever. Whether it's this eat the rich docs, conservatives, bomb threats, shooting up threats, actual attacks on President Trump, White House correspondents dinner. I have never seen swatting of Amy Coni Barrett. I've never seen anything like this. I haven't. Not in my lifetime. Here's the guy who used to be considered like a moderate voice of reason for the Democrats. Who James Carville, who they used to go to him as like the Clinton era, moderate Southern Democrat, Louisiana droll kind of guy where he could appeal to the working class Democrat. This guy's freaking lost his mind. If this isn't another indicator of absolute chaos on the dog food Democrats versus at times the microwave pizza Republicans. But what I believe to be like the elite tier one level pizza MAGA movement. There's no better example than this guy. He used to be the sane one. Listen to this meltdown. Check this out. Hate him.
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And it's.
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It's a refreshing but genuine visceral hatred we have. And we want him to know that. And the last thing that we should want and the last thing I want, I want anybody to die. Okay, that, that's. No, I particularly. I don't want him just to be alive this November. I want him to be cognizant because I want him to know how much the American people hate his fucking guts. I'm sorry, I missed the language alert again. I hear with our Democrats. And moment at the end, there's another language alert. I'll remind you at the end, I'm really, really trying my hardest to put a squelch on the queens in me. Do you see how angry this guy is, folks? I'm going to tell you something from a guy who's run in elections and been in this business a while, anger as a movement can. I'm not going to tell you, doesn't work. It can work if it's. And I mean, I don't mean in a good way. I mean, you saw it with the growth of the Bolsheviks and the growth of the Nazi National Socialist movement in Germany. Anger can work. And it usually ends in death and destruction, starvation, torture, and basically national humiliation. Anger in the United States with a prosperous burgeoning middle class in a relatively healthy economy, I'm telling you, is not going to work. It just isn't. People do not. Outside of this raging group of far left liberal Democrats who want to kill and dox and bomb everyone on the other side, this is not a mainstream movement. Contrast the faces. Do you guys got a screenshot of that face? Carville's like, he looks like he's ready to kill someone. I love how he throws the caveat in there too, by the way. Well, I don't want anybody to get hurt or anything. Gee, thanks, buddy. Like, that's really nice. You threw that in there like a little asterisk foot. Look at the face on this guy. I mean, you want that on a campaign bumper sticker? Vote for this guy. He bother this guy. He's so angry. But don't worry, he doesn't want anybody bombed or hurt. That's your message. Folks, this is going nowhere. The rage campaign on the left is going to implode as long as we keep the economy in relatively good condition. I mean, they've been relegated now to like screaming at the quarterback. Of the Giants because he introduced the President United States Donald Trump at a. At a rally. And by the way, why is this? I. I saw this yesterday. You notice Jackson Dart guy. I've been slowly like I'm into college football. I've been slowly trying to. Because it's newsy. Following the NFL again, I'm not that hip on pro sports. However, put up that tweet if you would. This is by a Mike. What is it? Carofalo or something? So the quarterback of the Giants football team does nothing wrong. He introduces Donald Trump at a rally. Who. Who cares? Mike Garofalo tweets. Giants quarterback Jackson Dart addressed teammates in a meeting yesterday to discuss his introduction to President Trump last week. Other team leaders spoke up as well. And Dart and the players worked through it. They moving forward. Work through what? What the hell is it? What are we working through? What's to. I don't understand. What's to work through? Listen, Jackson, I don't know you at all. You appear very talented. My father's a Giants fan. I'm not. All I remember back in the day was Phil Sims and Jeff Hostetler and Zeke Moat and that team back in the day used to follow football a lot. Harry Carson and those guys. However. What? I don't know. If you apologize, do not apologize. You are a free American citizen. You are a potential rock star all pro player in this league. At some point you don't need to apologize to people. I hope you didn't. Do not listen to me. There is nothing good that's going to come out of this. I've told you. This is the tendency of people. Listen to your boy DB here for a second. You're like, he's on your. Well, just pretend I went through this at the FBI. We had an incredible year. Crush violent crime, transform the whole plate, whatever self praise things. People have this tendency in government to come out, want to talk about it endlessly, to over explain themselves because they feel the need to like counter their critics. Let me tell you something. The people who know what you did, respect it. Just like in my time and don't give a shit. They don't want to hear about your accolades endlessly. Great, great, good. You mentioned it. The people who hate you don't care about your results. They just hate you. It doesn't matter. You can apologize a thousand times. You're only over explaining. Nobody who matters cares. I promise you it is a huge mistake. Someone sent me a cup once. A listener says no kowtow, no apologies. It's not That I don't do things wrong. It's that the apologies are relevant about these particular matters. You go out and kick grandma on the street, you damn well better apologize. Don't ever kick grandma, by the way. But you have a political stance that's unpopular with your audience. You're going to have political stances, as brother Leo told me. And in. And when I went to Malloy High School, he was the guidance counsel. Real men walk alone, brother. You take a stance in your life, there's always a counterparty. That's why it's a stance. Someone else is going to hate it. Take a stance on abortion, it's going to be someone who's pro killing babies. You can't try to make everybody happy. It is a huge mistake. Your friends don't need it, your allies don't need it, and your enemies don't give a shit. Please stop doing this. He's probably a young man. He's probably half my age. Probably less than half my age. I'm telling you as a friend in this because my dad likes the Giants. Please don't do this. And to any NFL or NBA or any other player who wants to go out and introduce, just do it. Don't apologize for it. Now I'm going to show you the difference, by the way, because contrasts matter, right? Practice what you preach. You talk about contrast in politics, it's not good enough to talk about you. You got to talk about your opponent, what they're doing wrong, too. Contrast matter. So you got angry James Carville screaming, effing hate you, brother with the face and the snarling. Dude's going to need some Botox. By the time he's done going to wrinkle his face, he looks so pissed off. Contrast that with smiling, happy Marco Rubio, smiling, happy Donald Trump, smiling, happy JD Vance, you get Pete up there. Always celebrating Pete Hegseth, Secretary of War. The wonders of the country. Contrast the two and you see why the MAGA movement has historic popularity with the Republican Party. Why the Democrats hate their own dog food. Democrats, the dog food. Dems are all they have. That's all they have is dog food. You're not getting a Smith and Wolinsky steak over there. Sorry. There we go. There it is. Wait, hold this. We are going to play. This gets even better. No, hold it. These guys like Marco, so they're dancing inside. I thought they were doing their air squats. I didn't even know Andy Dance. He's got hips like a fire hydrant. Not like Shakira. His hips do lie. I promise he's got the same like gringo dancing jeans I do. Which is to say none, zero at all. Although I did dance at my wedding and the guy who owned the place said I was actually pretty good. I know he's lying. I think he just likes the show. I'm going to show you what I that in a minute. That was kind of a birthday greeting they put out for Secretary Rubio. Contrast that with Angry Carville and Mark Warner. I can't believe election Trump stealing an election. Really? Really. Folks, here's a question. How many brokers does it take to insure your business? Here's the answer. Because I'm in business. Too many. If you're like most business owners, that is the answer. Way too many. It's really annoying. Multiple policies, multiple applications. No clear view of how it all fits together. 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That's super sure.combongino consult with a licensed insurance provider. Discuss coverage options for your specific business needs. Paid for by Super Sure Insurance LLC Super Sure Insurance Agency LLC. A licensed insurance agency. Thanks Super Sure. Great tool. Check it out. Compare and contrast was Marco Rubio's birthday? Was it yesterday? Fellas, he's a little bit older than me. This is how crazy. I mean I. I didn't even know he's a couple of years. He looks amazing. You know, I thought he was my age. He's a little older. I think he was 55 or something. But the Department of State one of Marco's 15 different jobs in the administration. Marco Rubio's probably. He's Gonna be running the. Probably the post office next is. He's so good at all this. This is the Trump administration and the messaging they put out versus Jim Carver. We effing hate your guts, man. Give me some Botox because I wrinkled up my face screaming at President Trump, telling him for the 10th time how much we hate him. Here's the other message. Check this out. Justin's dancing. He's got like the body rocking thing going on in there. Justin's a little younger. That's the messaging coming out of the White House. We live in a great country. Have some fun with it. I know there was some people, I said, oh, the White House, you know, Department of State, Trump administration shouldn't be putting this stuff. Oh, stop being such stiffs, man. It's fun, it's fun. I get it. Thank God we got people like Rubio and Vice President Vance and Pete in there now. And don't sleep on Pete, by the way. I've said this a couple times for a significant role in 2028. I don't know what that may be. He could be a VP selection for someone. You know. I think he's doing a bang up job. And I promise you, I say that as objectively as possible, not just because we've had a working relationship and a friendly relationship at Fox and elsewhere. Now, again, compare that with these absolute zeros and their snapshots and sound bites. You've got this like free spirit, like, kind of relatable, natural, totally authentic guy in Rubio. And then you've got Talafrico with his napkin using barbecue eating buffoonery. Again, I think of, like, the icons of Texas history. Bowie, Houston, all of them. And then you get Talofrico, who can't even eat a piece of barbecue meat. Oh, my gosh, I may get some barbecue residue on my. I don't want those heterocyclic amines from the barbecue to get on my. What? Just eat the freaking barbecue, bro. Stick the barbecue in your mouth, get your hands dirty. Someone will give you a wipey later. Wuss. Here's Talafrico on the phenomenon that many of you are going to be confused by. Justin was like, is that a thing? Apparently it is a thing. How it's going to roll in Texas, I don't know. Talafrico apparently is very concerned about men and abortions. Like, you mean men like donating to. No, no men having abortions. Now if you're confused here, like, men can have abortion. No, they can't. However, this is a Big issue for Talafrico. Male abortion. Don't listen to me. Listen to Talafrico in Texas. Check this out. I want to acknowledge that our trans
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B
community needs abortion care too. Defending trans Texans is something we have
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to do every day. No, they don't. No, dudes don't need a matter of fact. No one should be getting an abortion. You don't want to wipe out a human life. Okay, forget that fact. Men cannot have abortions. Do we even have to say this? I hate to say that I got to wait time on this. On the Dan Bongino show, if you are a dude, you cannot get pregnant, therefore, terminating the life in the womb is not a possibility because there will be no life in a womb you don't have. Now, here's an interview I saw Talafrico doing with this female activist. Some of you get the joke, but Talafrico doing with a female activist, and she's apparently into all this trans stuff and how men can have units. I mean, men can have vaginas, women can have units and stuff like that. I was totally unaware that that's a thing, because it's not. But this is a really fascinating interview, a little bit of a blast from the past. I need you to check this out to see the insanity of all of this. Check this out.
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Women have penises, right?
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Some men have vaginas.
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That's not how gender works.
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How do we know that? How do we know that that's not true? Where did we learn that from?
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Yeah, well, I learned that from hearing from transgender people who've said, like, oh, I'm a trans woman. And just because I happen to have a penis, that doesn't mean that this is who I am as a person or that genitalia doesn't equal gender.
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Who they are, their gender, their gender expression.
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That.
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Yeah, a trans woman is a woman. With the fluidity of these things, how do I know if I'm a woman? You know, I. That's a great question. I like scented candles.
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Yeah.
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I've watched Sex and the City. Yeah.
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Yeah.
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So how do I know?
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Yeah, Matt, that question right there, like, that question is, like, when it's asked with a lot of curiosity.
- [33:58]
A
Right.
- [33:58]
B
That's the beginning of a lot of people's, like, gender identity development journeys.
- [34:06]
A
Glad you guys caught on to that. I was a little worried, like, they're gonna be like, what do you mean? Of course that's not Talafrico. That is the great Matt Walsh from his fascinating and amazing movie. What is a woman I played that because Matt, who's a conservative commentator, is obviously being sarcastic and the woman doesn't catch on because they're so living in a bubble. The reason I played it is that is displace Matt and put Talaferico's face up. Those would be serious questions. How do I know I'm that way? Matt's being funny. Talafrico is not. He's really telling you that men can have abortions and he thinks that's going to roll in Texas. Folks, compare and contrast again, the insanity going on with Carville. Botox face, screaming and yelling, bomb threats, death threats, threats against the Trump family. Iranian messaging all over. He shouldn't bomb Iran. He shouldn't engage in negotiations with Iran. Iran's great foamy finger number one, Iran. We love the malaocracy. I've never seen a party so, like, consumed with eating dog food. There's nothing. I can't tell you a single thing they're offering you other than like, we're going to steal your property through socialism. That's it. They don't have a message on anything. And to kind of, boys have a
- [35:31]
B
penis, girls have a vagina.
- [35:35]
A
Is that from Kindergarten Cop? I. Bam. Where? That's. That's way before your time, Justin. Good call on that one. The boy knows it. From Kindergarten Cop. That kid is what, five? Even though I'm getting terrible at judging age ever since my kids got older. That was a skit. That was a skit in a movie that probably wouldn't get past the DEI people in Hollywood. You can't say that. You know what they do? They'll boycott the kid. He's five. They'll be like, no, no. Boycott his family. Destroy their business for acting in the movie. Compare that with the dubs, the W's, the being racked up by the Trump administration. Because, folks, yeah, you know, it's Friday. Show's a little lighter today. Not lighter on content, but, you know, I want you all to laugh a little bit, but it's not funny. It's. None of this is funny. Like, we could lose our country to the idiocracy. The barbecue eating, Talafrico, Botox, Carville. Like, we could lose the country. These people. It's a very real possibility. Contrast that with the Trump administration, which for all the BS about Donald Trump, Orange man bad. All this other stuff, the guy just continues to rack up W's. Continues to rack up W's. We found out there was massive government fraud going on. What does he do? He thinks it's so important. He says. Vice President Vance, get on it. J.D. vance is on it. Not even 30 days. And they're into like the hundreds of federal indictments and billions of dollars saved. I had worked with this gentleman at the Department of Justice. Not that it matters, but he's a very, very good, competent, solid attorney. Colin McDonald is the assistant Attorney General working with Vice President Vance on all this. He was on Fox yesterday, which is some staggering numbers. Contrast this with the Democrat. We effing hate you. They don't have anything other than like women can have a penis. Like, that's their thing. And we don't know how to eat barbecue. Check this out.
- [37:24]
B
Really the worst of the worst kind of conduct that we encounter, which is people who prey on the elderly, the sick, sick and the needy. They take their money, but they also steal their identities. They steal their personal information to make it appear as though those sick and needy and elderly are, in fact their patients. And then they bill the taxpayer for services that they do not render to those patients. It's very egregious conduct. These are not paperwork crimes that we're after. These are crimes that affect our communities, that affect the most vulnerable among us. And that's what we are devoted more now than ever before to solving and to stamping out.
- [38:09]
A
Folks, Colin is excellent at what he does, but I brought this clip up for a reason, not just because of the obvious point about the W's. The Trump administration continues to rack up. They're doing things. Forget that nothing is happening. Losers they just got smoked for. Forget them. Nobody's paying attention to them anymore. Notice everything kind of calmed down after that, too, now that the foreign money's dried up. Do you notice that? You online, Tell me in the chat, did you not notice it? I told you it was an up. Do you notice every. The temperature's gone down like 30 degrees right now. Fahrenheit or Celsius doesn't even matter because now the foreign money dried up. That's what's going on. It was always an up. Colin brings up an amazing point, folks. You know when people in politics, they say this a lot and it's a cliche and they don't even mean it, they'll say something like, well, that should be bipartisan and they don't really mean it. Government fraud, no matter where you are on the ideological political spectrum. AOC versus Jim Jordan and Ted Cruz. Total opposites. Correct. Why would you not be interested in arresting people who stole taxpayer money? I really. This. I don't understand. I Like to think I understand a lot or I wouldn't have a podcast in politics. I genuinely don't understand how even like the AOC crowd, they don't run on this saying, hey, government could be. I'm not telling you this is true. I'm just telling you this could be their message. You know, government's such a positive externality, forcing all these great things happen. You didn't build that. Government built it. Whatever. But people stealing from government is not a good thing. Just like people stealing from a charity, we want it to go to people who are actually in need. How is this not a bipartisan message? They can't do it. And the reason they can't do it, I just explained it to myself as neurons started firing in the suprachiasmatic nucleus. As the light flows into my retina here, I'm telling you why they won't do it. They won't do it because they are afraid that the scale and scope of government fraud is so bad that people will never trust government to do anything in the future. Even things they think are net goods. That's why the scale of this is like nothing you've ever seen. It's like a charity that doesn't only have a fraud problem, you find out is 90% fraud. That's why they want to hide this. And yes, good point, Justin Mace. Justin's point is sound. You know what it is because Trump did it. I promise you, if Joe Biden did this, they'd be highlighting it. Barack Obama, forget it. Barack Obama. They'd be carving him into Mount Rushmore right now as like the anti fraud president. It would be amazing. But you're right. Donald Trump does it. So show your ass theory. They got to hate it. All right, it is Friday. We had an interesting interview with Dr. Mike yesterday. You know, I love my Maha moments. This is a huge portion of our movement. I'm so proud of the fact, by the way, that the Democrats were not smart enough to catch on to this flourishing component of maga, the subcomponent of maga, which is the Make America Healthy Again movement. Folks, this is long overdue. The era of like sit on your ass and eat rice cakes upside down food pyramids, stupid advice from the government, hey, eat your rice cakes or whatever that is over. Over. And powerful growing portion of this movement as we start to coalesce around the midterms is this maha, Make America Healthy Again movement because it applies to everyone.
- [41:43]
B
You know why?
- [41:44]
A
Cuz everyone is the one who has a body and a system and doesn't want to die. Because the golden rule of the Dan Bongino show is please don't get dead. You don't want to get dead. But because getting dead is final. One of the guests we had on the show about this, the health hacks, is a fantastic doctor, Rhonda Patrick. She was talking about the dangers of body fat. And you're like, oh, yeah, you don't want to be overweight. Yeah. But did you ever say to yourself why? It's not just the physics of it, that it eats up your joints. It makes your heart have to, you know, support extra weight. You don't need folks fat in your body. Visceral fat does things. It's biologically active and they're really bad, not good. That's why obesity and these old school Democrats. Remember, Justin, everyone in the show is in really good shape. Remember in the back they were like body positivity. No, no, there's nothing positive about that. You're going to die, and this show is not going to. Bullshit. You don't tell me you don't have time and a. Bullshit. I don't have time. I'm sorry. I'm 51 with bad arthritis. I'm still busting my ass in a gym. You want to find time and not die, you'll find it. Here's Dr. Rhonda talking about how bad this visceral fat is. Get rid of it stat. Check this out. So that is a big consequence of having this visceral fat. In addition to those inflammatory molecules that are being generated from this fat, it's just so metabolically active.
- [43:12]
B
And that inflammation that you're generating not only does things like raise your cancer risk by 44%, it. It also makes you tired. It gives you brain fog, lethargy. When your immune system is being activated
- [43:25]
A
by this inflammation, you're taking energy away from your brain. It's a lot of energy to activate your immune system.
- [43:34]
B
Yeah.
- [43:34]
A
So that energy is now going to the wrong place. It's not going to your brain. So you won't feel cognitively as sharp and absolutely won't. Just think about. When you have an infection, your immune system's very active. You're fighting off a pathogen. Right.
- [43:47]
B
Do you feel like you're tired or do you feel like you're cognitively at your peak?
- [43:52]
A
Oh, yeah, I'm like, I'm out of action for several days usually.
- [43:55]
B
Right.
- [43:55]
A
You're tired and your brain isn't working. And part of that reason is because your activation of your immune system is
- [44:00]
B
sucking energy away from your brain.
- [44:02]
A
And the other reason is because the inflammation being generated gets into the brain and disrupts neurotransmitters and things like that.
- [44:09]
B
So it's like a double whammy. Your brain isn't working properly.
- [44:13]
A
And so there's a lot of people walking around constantly feeling tired, feeling lethargic, feeling brain fog. And they might have a high amount of visceral fat and not even know it. Listen, man, I'm just telling you cause I care about you. Again, I know it's not a popular thing to say, but this body positivity thing is not a thing, okay? It's gonna kill you. It's gonna kill you. You've got all of these different, like pharmaceuticals out there. You gotta do it. I know some people in the chat are getting pissed off at me. That's okay. Someone said, dan, I've been listening to you as a P1. How is it that you've been 51 for 15 years? I don't know. It's crazy. I've like defied the chronological age. I've been old forever. You're right. I am always complaining about age and getting old and falling apart. I'm just trying to help and I'm going to do the right thing. If it encourages one person to say, I've had enough of this, I'm going to get back in shape, then I'm doing it because I need you around. Because I need you to not get dead. There's another clip I saw yesterday too. And please, please don't go anywhere. You know, I'm probably going to get to it a little bit early. You know what? I think I'm going to get to it. Let me do my Democrats and. And then I'll do the spot. We'll save the. That clip about the quantum stuff maybe too heavy right now anyway. Please, I'm asking you as a favor. I don't care about the views, the clicks, none of that. I'm telling you as a friend. This next interview with Peter St. Andre on AI and where it's going to go, a lot of the gloom and doom. You will get a lot less nervous after this interview. As a matter of fact, some of you may have a smile on your face. This is going to be an explosion of economic growth. I have to play this though, for you because it is Friday. Producer Jim always puts together for us a nice relaxing moment at the end of the week. We call it Democrat Zen, where you get one of these nice peaceful Democrats talking about how wonderful the world is going to be in their Pollyanna utopian view of tomorrow. This will put you at ease. Get ready to meditate. Get like you're smelling salts and you're smoking jacket out. Get ready to go. Thank you, producer Jim, for this Democrat Zen moment. Language warning. Yes, thank you, Justin. Language alert. Your Democrat Zen moment of the day. A peaceful moment to center your mind. Stupid fuck off. Off. This has been Democrat Zen. Thank you, ma'. Am. We needed that on a Friday. We really. And you know, the Democrats complain about my language sometimes. I'm sorry. You know, I grew up in Queens and in Queens that. I know it sounds crazy, especially to folks who live in like the Bible belt and elsewhere. And I'm not telling you it's right, but curse words in New York City are not like considered curse words. I know that sounds crazy. I told you the first time I realized, like, the F bomb was a really horrendous thing. You're gonna laugh. I moved to Maryland. I was at a house party and I slipped one in on accident and the whole party like stopped. Did he just say that? It was like this middle class neighborhood in Severna Park I lived in. Everybody was stunned. Okay, I'm gonna get to this interview. Take a quick break. I'm gonna get to this interview a little early. Please check it out. It is really worth your time. We're gonna clip it up to send it around, spread it to your friends. Because I hate doomers and gloomers and everyone's going to die. I don't need that in my life. I'm sorry. I'm getting, I'm getting too old for that shit. As the listener said, I've been 51 for the last 15 years. Hey, criminals, they exploit weak systems. I know that because I've seen it firsthand throughout my career in law enforcement. That's why I'm proactive about my own privacy. I'm like really proactive on my own privacy. We've had a lot of problems. I don't wait for something bad to happen. I took control early. I used delete me. You, you should too. It's never been easier to find personal information online for anyone. Folks, it is way too easy. Your home address, your phone number, even your family's names, your kids names can be exposed and they have real world consequences. Today, a lot of bad actors are using this data to target public servants, businesses, and everyday people just for their opinions. You've seen all the doxing going on with delete me. You can protect your personal or business privacy from doxing or before Sensitive information is exploited before, it's critical to take action. Do it today. Delete Me makes it really easy. Take control of your data and keep your private life private. By signing up for Delete Me now with a special discount for our listeners. Get 20% off your delete Me plan when you go to join delete me.com/bongino and use promo code bongino at checkout. The only way to get 20% off is to go to JoinDeleteMe.com Bongino and and enter code Bongino at checkout. That's JoinDeleteMe.com BongINO code Bongino. Man, am I excited. I feel like I know this gentleman already. I cover his clips all the time. Professor Peter St. Ange. His website is Prof. P R O F short for Professor Professor. S-T o n g e.com Prof. San Ange P-O-F-S-T o n g e on Twitter X I strongly recommend you check it out for your economic. Your economic advice of the day. Sir, welcome to the show. So good to have you.
- [49:29]
B
Thank you for having me on.
- [49:30]
A
Yeah, I feel like we know each other. I played so many of your clips. You just have such a really good balanced perspective on everything. So I think the biggest question economically the average American has right now is obviously artificial intelligence. Where is it going? Is this the.com era? Is it a new industrial revolution? Is it like nuclear power? However, the ROI on it, the return on investment, there's trillions and trillions of dollars being spent. Some of these companies are clearly not going to see that future financial benefit materialize. But the technology is so profound in its scale and scope that I'm not sure the doomsday predictions of the dot com era part two are accurate. What's your thoughts on that?
- [50:16]
B
Yeah, it's funny. So I think you and I are the age where dot com came in when we were young and the assumption of the time was that that was like a once in a lifetime, maybe a once in a millennium invention, the Internet. And I think what's been shocking is that in many ways AI is much bigger. I mean like 5x, arguably 10x. If you look at things like dominance of VC capital, if you're a venture capitalist. Right now there's almost nothing but AI. It's much more dominant than it was during dotcom. The amounts invested. Again, there's something like 8x what was invested inflation adjusted. What was inflation during.com? during.com it was, you know, fiber optics. It was infrastructure. It was servers. When you look at the scale of these hyperscalers of the data centers, this is much bigger in terms of money, in terms of sort of VC bandwidth. And then the other side of it is of course the revenue. And there AI is interesting because the revenue case is much, much stronger than it was for dot com. So during dot com I remember Paul Krugman made fun of the Internet. He said, you know, we're going to run out of things to say.
- [51:29]
A
That's right.
- [51:30]
B
I don't think we're there yet. There was an analyst who, you know, they said, I don't get Yahoo. You know, it's like opening a storefront and giving everybody a free glass of water so they can watch ads. I don't care how you make money off that. Like when you really boil out the sort of use case in the first five, 10 years of the Internet, it was pretty weak. You know, it was, it was Google guiding your searches, putting display ads up. It was display ads all over the place. Amazon.com that was pretty much it, right? The rest of it, like Reddit, it was just people goofing around. There's very little money to be made. Now if you Compare that to AI, I mean there we're talking like 100x the monetization is so clear in AI. So Goldman Sachs, for example, they've run experiments where, you know, they used to have a whole team of quarter million dollar analysts on, you know, IPO paperwork and now they can do it in like 15 minutes with Claude and they just need one guy to go through and make sure it didn't do anything stupid. You're seeing across the board like 10x reductions in cost. That of course means that companies are willing to pay up to 9x worth of tokens. So I think, you know, you see complaints on, for example, Zero Hedge. I love Zero Hedge. But you would lose money listening to them. They, you know, they want to poo poo everything, every trend. And you know, they've been talking a lot about the circular, how the vendors are financing. So during.com I worked in a telecoms company, Harris Corporation. We did vendor financing. That's how the world works. Welcome to reality. I think if you look at the underlying economics of AI, they are so much stronger than dotcom that honestly. Is it a bubble? Without a doubt it's a bubble. You can look at Nvidia, you can look at Broadcom at their stock market price. The question is, does it have longer to run? I think it's got a lot longer to run.
- [53:19]
A
I Think so too. We're talking to Peter saying Ange, if you're listening on Apple or Spotify, please check them out on X. I highly, highly recommend it. You will be far smarter. One of the, one of the reasons I think the comparison is bunk between the dot com era and even the industrial revolution and the electrification of the economy is sir, think about it like that. You know when you had a coal generating electrical plant early on, imagine the capex to build out the electrical lines. The capex on the consumer end to electrify your entire home and build out the wire so it didn't burn down. Now you're seeing similar capex expenditure on the production side with the labs pouring trillions meta and others pouring trillions into it. But the implementation. You don't have to rewire your house if you're running whatever dogtoys.com you don't have to pay a web developer $10,000 for a website. All you've got to do is go on ChatGPT or Google Gemini. It's almost essentially free to you. So I don't even buy the comparisons. I think that's why your optimistic tone, I agree with you. Like this is not the dot com era where you've got to move an entire consumer market from in person consumption to online. You just basically give them the website and let them implement it in their own H vac business with an H vac agent.
- [54:42]
B
And you make a great point, which is that I think the key on AI that's getting lost is that it is a massively democratizing technology, right? So a single person can build literally a billion dollar business. There was a guy who, he built a business using AI to compete with hims for GLP. 1 drugs, $1.8 billion 1 dude, he didn't even need contractors. He just fed it all into Claude and then he checked it over for mistakes. It is massively democratizing, not only in economic opportunity, but especially in jobs. The story of AI is a massive blue collar boom. If the industrial revolution was revenge of the nerds, right, where physical labor got devalued and then cognitive intellectual labor took over the world, AI is the exact opposite. AI commoditizes that specialist information. If you've got a robot with AI in it from Tesla for example, and it's folding your laundry, well guess what, it can also do brain surgery. So AI massively devalues the nerds. It's revenge of the shop class. You're already seeing that. For example PricewaterhouseCoopers, they're estimating 4.7 million construction jobs in data center construction. These are electricians. They're doing the infrastructure, they're doing the racks, the servers themselves. They're building the things. This is what gets lost in it. Because the AI doom porn, how all the jobs are going to vanish. Those are written by journalists who are losing their jobs to AI. They're written by professors who are being replaced by AI analysts who work at think tanks who are being replaced by AI. The tiny portion of the economy that is going to get gutted by AI are these specific people who are writing the doom porn. If you zoom out, AI is massive for the rest of the economy, for the other 80% as especially for the blue collars who by the way, the jobs are going to Americans now because of mass deportations.
- [56:42]
A
You know, the messaging component is, is tough with this because you're dealing with a tidal wave of foreign money. You're dealing with a bunch of foreign governments that want to see us lose the AI fight. It's been tough. However, to give a balanced perspective on it. I'd just say one last point. On the upside, the democratization of this technology. Can you imagine how many I mentioned this idea yesterday? Unfortunately I had to deal with cancer. Thank the Lord I'm done with it now. But when you see a nine year old with leukemia and MD Anderson wheeled in with a cannula and a food tube in at the end of his life, the minute AI comes out with a breakthrough that can save these lives. Peter, I'm telling you, it's going to change. It's going to be really hard to argue against that. I think that alone is going to change the doom porn narrative.
- [57:29]
B
That is a fantastic point. If you look at the actual wins on AI so far we've got much better weather models. This is important for farming, for scheduling, transportation, things like that. But the biggest single win, and again this is. I don't see this anywhere. Protein folding by AI DeepMind that won the 2024 chemistry Nobel. Okay, this is not something weird and fringe. Protein folding tells you how genes can or how drugs interact with the body because they tell you sort of the missing link between the genes and the actual effect in the body. They're absolutely massive. They're a holy grail. That is the single biggest contribution. That alone is bigger than the Internet managed in its first 10 years. We're already looking at drug development is compressed. So you know, what used to take years identifying targets is now taking months. Estimates that drug development is going to compress from 10 or 15 years to five or seven, the number of lives being saved like that. Right. So again, there's this narrative from the doom pointers that, you know, ChatGPT is about sociology students cheating on their essays. No, this is going to be absolutely tremendous. It's possible that we could even go after aging itself. I think there are going to be the impact ultimately of AI, I think, is going to be on the order of electricity. It's going to be absolutely massive.
- [58:49]
A
Now, I couldn't agree with you more on the downside component is we are dealing with a massive messaging machine. What I love about your X channel, again, it's at Prof. Short for Professor St. Ange S T O N G E. Check that out. It's in the background if you're watching on video. There is a heavy doom porn business out there from people. I believe a lot of it's foreign. When you trace some of the money, you know, Kevin O', Leary, Mr. Wonderful, has done some exposes on this with a data center he's conducting, he's constructing out there in Utah. He's an investor in. I think we are going to have to deal with the old kind of, you know, this class warfare battle that's been ginned up by the socialists against us from the beginning of time. And the wealth creation from this, I agree with you, is gonna be on par with and I think supersede electricity. There are gonna be trillionaires and a lot of them are not a possibility or a guarantee. The messaging component's gonna be the tough. What I love about your X channels, you never fall for these bullshit stories. You know, you'll tell the story, but it's a real thing. We're gonna have to deal with whether it's an unparalleled legacy of philanthropy where a bunch of these trillionaires pledged to give away a lot of their wealth. We are gonna have to deal with this because we've been dealing with it basically unsuccessfully since the beginning of time, as you can see, because Bernie Sanders, his message unbelievably still resonates.
- [60:10]
B
Yeah, well, Elizabeth Warren, for example, she just came out with this screed. It's a coordinated attack by a number of Democrats where they want to tax AI and their point is that we tax workers. We have all these burdens that we place on workers and we don't place them on AI. Now, I agree with her. Right? Yeah. No, we should get rid of payroll tax. We should get rid of the income tax, without a doubt. But yes, the left is going to make hay on this if you look at opinion surveys, most Americans are hostile to AI. That's especially the case for young people, above all for college students. There was a speaker at UCF a couple of weeks ago who got booed off stage for saying nice things about, about AI. And you know, some of that is misunderstanding on the jobs. You know, if you sort of zoom out on it, a house painter in the United States, which is industrialized, makes 10 times more, I'm sorry, 20 times more, $200 a day, 20 times more than they make in India. Why? Because India is only half industrialized. Right. What people don't understand thousands of years of technological innovation. There's been a concern forever. The ancient Greeks worried that oxen were going to replace men. We'd have too many men. We'd have to start wars to get rid of them.
- [61:22]
A
All right?
- [61:22]
B
Technological unemployment is not new. It's very, very old. And what happens every time is some people take a step down on an escalator, okay? They end up much, much higher. Okay? So when a house painter in America who was victimized by automation, we are a high automation society. They're relatively at the bottom of the ladder, but they're making 20 times what they would have made before the Industrial Revolution. So that's what we're going to get out on the other end of it. So in the long run, it's fine. The problem is you got a bunch of people in the middle. You got a bunch of people who've got crappy degrees. They've got useless degrees. Roughly half of degrees are, you know, English majors, sociology majors. They end up working at Goldman Sachs because they have generally high IQ and Goldman finds something to do with them. But those people, those generalists are absolutely going to get socked. You know, you've got probably 20 million admin jobs inside of large organizations doing medical bill processing. Those people are going to wipe down. They're going to be very upset about it. They are going to take a step down on the escalator. Eventually the escalator comes up. But you know, if somebody's starving right now or, you know, anyway trying to make bills meet and you tell them, I don't know, it's going to be fine in 10 years. That's a trick. So absolutely, you know, the biggest goal there is that government gets proactively out of the way. If you've got a small business, hiring somebody should be like ordering something on Amazon, right? Today, anybody who runs a business there is so much, you know, compliance, regulation, so much you have to jump through get rid of all that, remove the friction. We've got that a bit with the. What do they call it, the gig economy. Right. So DoorDash, TaskRabbit, we have sort of the basics of it, and that is spreading really fast. But that's the solutions. That's gonna be very, very easy to hire people. Beyond that, you know, people worry about the energy usage of data centers. Trump recently required that AI companies have to build their own generation. It's a very, very good idea. The water thing is BS AI uses almost no water. There was a. One of the guys from the all in podcast had a tweet, he said, f almonds, you know, because almonds use like 100 times more water. That's fake news, but. Yeah, but right. The areas where AI is actually impacting people, you know, data centers have to look, learn how to bribe local towns. You know, like if a data center comes into some small towns and says, look, we're going to give you so much money, you're not going to have to pay any property taxes, okay, that changes the equation. So they got to get more proactive about that. And absolutely the rest of us have to be prepared that just as the Industrial revolution, they are going to be coming at it with everything they got.
- [63:56]
A
And you know what? This, this generation of younger kids is, you know, and I, I find it a little distasteful when you see a lot of people out there, they're always like crapping on you. We were all like that. I mean, everybody thought they knew everything at 20. And then you've turned 40. You realize how little you knew at 20. But it's part of the journey is to fall in your face and dust off. But this is more of a kind of bohemian generation. They like to travel, they like their free time. You brought something up. Wasn't an intended question. I want to move on to the macro economy. But you brought up something fascinating. AI and mixing and matching and the ability of these, this super intelligence to go and find a needle in a haystack in an employment market. You know, these younger folks with their skill sets could possibly go out in this massive gig economy and forget about like Uber and DoorDash. They could just, like you said, task TaskRabbit or whatever, say they've got some experience, whatever it may be, they have an H Vac business and they want to go fact check, you know, AI H vac answers on questions. They're going to be able to do that, pick a job for maybe 2 or 3 weeks, make themselves 50k go off to Paris or Europe, come back and do. I mean really, this has the potential. I don't believe in utopian fallacies, but this has a really, really big potential to give them everything they want. Their cake and eat it too.
- [65:17]
B
I think you describe it perfectly. That is exactly what's going to happen. You know, it will take you about 40 minutes on YouTube right now to learn how to repair a screen. Okay. It's a big issue in Florida. Right. Take you 40 minutes and then you can hang a shingle, you can go out, go on TaskRabbit. You can do that right now. Right? When people talk about where the job's coming from, they're all around. Two thirds of Americans mow their own lawn. There is an unlimited number of jobs out there. There's, there's pet sitting there, there's taking care of older people, keeping them company there. There's an unlimited number of jobs. That's exactly what's going to happen. If the incomes go up 20x people are, they're going to work for a couple months. This already happens A lot of industries, people in oil rigs are on fishing boats. They work two, three months and then they chill out the rest of the year. It's not that bad compared to the soul crushing cubicle jobs that the vast majority of people have today.
- [66:06]
A
Right. It's like you can't make both arguments at the same time. Like we don't want to be Henry Ford assembly line workers. Widget here, widget here, widget here. And then you get the opportunity to apply your specific skill set to a global economy online, connected by AI. Either one of those arguments doesn't work. I'm really sorry, but you had a great video on your X account. Again, it's Prof. P R O F S T O N G E strongly recommend you follow the account. You were talking about how in the macro picture how all the doomsday predictions about the hostilities over in Iran, we're going to have stagflation back to the crowd Carter era and in the word stagnation and inflation at the same time. All Phillips curve kind of nonsense stuff that didn't happen. Yeah, there's been some oil disruptions, no doubt. I'm sure the President recognizes that. It's not a politically popular decision, I believe a necessary one. But the national security component aside, that did not happen. The S and P is doing fine. The NASDAQ's doing great. GDP growth has been better than I think expected. The jobs numbers are doing pretty well. We're not only not in stagflation. We're not stagnant. And although inflation's not great, it's nowhere near. We were in the Biden era.
- [67:17]
B
Yeah, no, I absolutely agree. In fact, before the war started, truflation, you know, whenever you talk about government numbers, people complain they're pulling out of their, out of their hats. Truflation does real time. They scrape like 1.3 million numbers, 0.7%. We were running on inflation before the war. Now since the war, of course, course energy came up, yes, everybody knows this, everybody expected that. But the point is, if you look at what happened last, oil shock, right? So in the 1970s, stocks ultimately fell by half. Gold doubled, bonds held up fine. It has been a completely different economy. This time Gold is down 50% annualized. Gold got a tiny little bump from the war and then just crashed. Stocks have been on fire. So they're up something like 10% on, on the S and P in what are we three months in. So that's 40, 50% annualized. And I think there's two reasons for that. So on the stocks, the economy has completely changed since the 1970s. Between half and two thirds of the economy is tech. About one fifth is stuff that you drop on your foot. So industrials, manufacturing. Now big reason for that is because we gave manufacturing away from China. China stole it. Yes, but Congress had a lot to do with that. So we lost a lot of the stuff that is oil sensitive. And what we've replaced that with is tech. And by the way, the entire world, including China, is very envious of our tech industry. However, that means that the stock market does, most of it does not care what happens in Iran. Right. Whatever's left is health care that doesn't care about Iran and has very little impact on the gold. I think that's a little bit more concerning which is that the, you know, normally when you have a war, you have the safe haven move into gold and also into bonds. But in this war, bonds are down annualized 20%, gold is down annualized 40% or 50%. I think what's happening there is that reality doesn't matter anymore. The question is the Fed all the market looks at really ever since Alan Greenspan is what the Fed's going to do. Is the Fed going to bail us out? Right. That's why during COVID we had a, like a world ending catastrophe and yet everything went up like every single asset class soared during COVID And the reason is because the Fed is ready. Right. It's communicated to the markets that Anytime anything bad happens, we're shoot a bazooka full of money at it. The issue this time is that when you combine that with oil prices, the fear is that the Fed's actually going to panic, they're going to slash, and then that is what's dominating gold. It's also what's dominating bonds. So the healthy part is that we're not as exposed to oil as we used to be. Plus we have a whole bunch of it, right? The 70s we didn't have any oil, but we needed it. Now we have plenty of oil, we're exporting it to the whole world and we don't really need it. The concerning part is what's going on with the Fed.
- [69:56]
A
Well, one concerning part of our macro economy for me, which I know watching your videos concerns you as well, is the exploding amount of government debt. It's not a new problem, but I don't know if, you know, unlike Canada, which had this wake up moment decades ago, even the United States, which has had it at times, there doesn't seem to be even a mild concern. I mean, it doesn't even come up. No one even talks about the national debt anymore. The optimistic case is that this AI electrification industrial revolution is going to grow productivity, that it's going to make the household debt called the United States irrelevant. I'm not necessarily that much of an optimist on it, given the amount of accumulating debt. However, I am concerned that we're in a race against time, against the bond market. The Clinton era. Clinton was always afraid of the bond vigilantes. They were afraid the bond market was gonna disappear with the Fannie and Freddie and all that. But if people stop lending us money, the government has to pay people, its employees, contractors, it has to pay Social Security. If people stop lending money, it has to print it. I'm very concerned that we're in a race against time. And this bond market, one day just might wake up and say that we're done and then we're screwed.
- [71:13]
B
Yeah, we've already seen that happen in some other countries, Japan and the uk. The UK a couple of years ago, their bond markets blew up. The government basically had to retreat and promise to never ever again cut taxes. I think that we are very much in that danger. Now, when you look historically, what happens at that point if the bond vigilantes, you know, lose patience, meaning that bond investors are. They don't want to buy all the debt that the government is creating because they say, well, we're not sure you guys are going to Pay it back. So historically, when you get to that kind of bond crisis, or what you're starting to see in these other countries, especially in Japan, is that the central bank steps in and you get much closer to a world where the central bank is literally printing the budget deficit. Now, the problem with that is once Congress gets a hold of an unlimited credit card, what do you think they're going to do next? And that goes to your point about the growth, right? So we had the perfect storm when Trump came into office in 24, which is that we had Doge, we had Trump, who is instinctively hostile to the federal government. He thinks the vast majority of is a waste of time. We had Doge, which had, you know, a lot of fire from the Republican base. It amounted to nothing. At which point they switched over to, well, okay, forget cutting spending, maybe that'll never happen, but we're gonna grow the economy. So Scott Bessant, for example, said, you know, the trick at this point is that we get the, the economy to outrun the debt. Now, I encourage that as a political project because it helps push through reforms like deregulation and tax cuts and investment promotion that do grow the economy. So I think it's fighting the good fight. But the issue is again, going back to Congress. Even if in theory they manage, you know, they got the AI in the investment, they do everything right. Even if they get the economy growing 6 or 8 or 10%, I guarantee you Congress is going to spend twice that. Okay? Every. Everything you give Congress, they will take that and take double. So you put that together with a Congress that has an unlimited appetite and then a central bank that, you know, you're seeing this trend worldwide that the central bank steps in whenever the bond markets blow up, it goes in and just buys the debt itself. Well, that's called monetization. That is converting the debt directly into inflation. So I think that that's how this ends. It's not that the system necessarily collapses on bond markets. I mean, it does initially, but that then gets converted into inflation. At that point you have a problem where you've got a K shaped economy, where you got all the rich people, they've got Nvidia stock, their portfolio is going up two, three, four times. And they got all these people in the bottom who are financing the whole thing largely because of these government deficits. They're the ones who are getting the inflation. So we've been seeing that since COVID I think that that's going to accelerate that even more than, you know, the water use and the almonds on AI, I think that's getting a lot of people upset. We're already seeing that. We're seeing all these democratic socialists who are making hay off the fact that prices have gone up so much. It happened under Biden. But you know, normal people, God bless them, they have jobs, they have real lives, they don't pay attention to this stuff.
- [74:11]
A
You know, I got to run. But you brought up such a fantastic point. I've really tried to drill into the skull of people on the fence out there politically that this never ending government welfare state of socialism where they endlessly print money eventually results in the K shaped economy where super wealthy people who have assets, you can't inflate away the asset. Matter of fact, inflation sometimes works for them. They may have TIPS bonds, their house may triple in value. Their house isn't going anywhere. They've got a $10 million mansion that on paper is worth 30. It's the same freaking mansion. But if you're living in a housing project and you can't afford to buy bread, you're starving to death. That's what socialism always does. It screws over the little guy. It's not the oligarchs that lose out. Oh, I'm so glad you brought that up. I've got to run. But what? What? Just an unbelievable thrill to have you on. I've been following you for. I feel like I know you. Please give him a follow on X Prof. Short for Professor S T O N G E Websites. Same. Prof. Saint S-O-N-G e.com. i really hope you come back. Your. Your X account is absolutely a source of great material. Thanks so much for your time.
- [75:18]
B
Thank you for having me on.
- [75:19]
A
You got it folks. What I'm telling you, I feel like I already already know him. If you watch my show and you're a P1, he's like a regular member of your household by now. His economic takes are just incredible. No bs, nice balance approach to everything. No talking points. I love that. I hope that conversation about AI spread that to your kids and spread that last message about socialism too. Quickest way to make poor people poorer is socialism and rich people wealthier. Socialism. That's the irony of the whole thing. Don't forget every day download the Rumble app. Join us at 10am Also you get Vince and Haley at 8am and noon respectively. You can check us out on the Rumble app or on the web. It is all free. Rumble.com just click that follow button while you're there. We'd really appreciate it. You can also check us out on your tv if you have a smart tv. Most of you do. Just go to the apps thing, download the Rumble app. You can watch the show every day on your tv Free on Demand Live. Join us in the chat. We'd love to have you. I will see you back here on Monday. Hey there. I'm Vince. I'm Haley Caradilla, host of Vince, Host of Scrolling with Haley. You can always catch my show right here. Right here on the Bongino Report live,
- [76:27]
B
8am Eastern weekday mornings, weekdays at noon.
- [76:30]
A
If you miss it, no worries. The show will always be right here, anywhere you find podcast. Thanks for watching.