Jessica Tarlev (23:07)
Well, they do understand optics. I'll give that to them. The thing that kind of summarized what's happened here and that I found incredibly discouraging and the most underreported story of the last few days was that the day before he was inaugurated, he launched the Trump Coin. And this is essentially a meme coin. It's a means of supporting the president on its first day. It ran to, I think, 11 or $12 billion in market cap. And I don't think I'm being an alarmist here, but the conversation I see will happen or may have already happened, is something along the following. President Trump, congratulations on your great victory. This is your Buddy Vlad. Just FYI. I'm thinking about putting 600 billion rubles or 10 billion US dollars into your amazing Trump Coin as a means of stabilizing our currency outflows. We want to have, you know, more crypto. And my economists have done the math, and guess what? If, based on the limit amount of float, if I just put $10 billion in, which is nothing for me, controlling, you know, the 12th largest economy in the world, I think it'll take probably the price of the market cap of the Trump coin to 50 billion. And based on your stake, this would make you one of the five wealthiest men in America. Just. Just FYI. And oh, and unrelated news, could you please seize arms shipments to Ukraine? I mean, the potential here we thought Donald Trump media was a conflict and a bad idea, but they have to file forms with the sec, making it sort of transparent when they sell shares that would crash the stock, all sorts of conflicts of interest. He's tried to distance himself by that, by putting into a trust controlled by his sons, which makes no fucking sense. As if he doesn't control his sons. But now they've figured out the ultimate grift, and that is a meme coin that they can basically say to say they need another vote to have a federal ban on abortion and a few Susan Collins or whoever it is or holdouts pretending to be moderates. You can call them and say offline and say, by the way, I can put $10 million in your account for your campaign or your personal account and nobody even knows because I can do it with the Trump coin, which, by the way, has a $12 billion market cap, although it lost half its value. I say the level of like frictionless that was slipped on under the COVID of night the day before the inauguration while the news cycle would squeeze it out. I mean, it feels to me that this is a full. The shape shifting of America from a platform for, among other things, prosperity, economic growth, all great things producing very wealthy people also, I think a wonderful thing. But it also used to be a platform for rule of fair play, civil rights, a lack of corruption, an electoral process that sent people that were supposed to think about preventing a tragedy of the commons and think long term and deny the rights of special interest groups, specifically corporations and rich people, such that we didn't end up with such great income inequality that it leads to revolution that we projected democracy and women's rights and freedoms and humanity and no, you know, no forced weddings or honor killings that we would project that power around the world. It feels like all of that is now an asterisk on a giant dollar sign. And that is we are now a full platform for figuring out a Hunger Games economy where you can take the most prosperous platform in the world, the United States, and either figure out a way to make the jump to light speed to become very, very wealthy, at which point you have political power, the power to get wealthier and wealthier, and everything else has been crowded into a small corner that occasionally gets a nod. But we've gone. I mean, we have gone. And to your point, I sort of admire how brazen and upfront they are that we are now a kleptocracy. But the Trump coin for me and the Melania coin perfectly embody that. We no longer seem to care that, okay, the US has been for sale for a long time, including Democrats through Citizens United and healthcare lobbyists who have weaponized both people on both aisles. But now the world is for sale. And effectively, he could get the warring parties in Sudan. I talked to Ian Bremer, and he said the way Trump gets a Nobel Peace Prize, and he's supposedly obsessed with getting one, would be to go in and solve the Civil War. In Sudan. More people are dying in Sudan every day than in Gaza or Ukraine combined. But no one gives a shit, right? But I don't see him trying to solve it. I see him calling both parties and say, who's going to buy more Trump Coin? And whoever buys more Trump coin and takes my wealth up 1 to $10 billion, I'm going to weigh in with US military intelligence, some heavy equipment, and this side is going to win. It's going to be like ebay hits geopolitics. Who is the highest bidder in an elegant, non traceable, totally opaque method through this new vehicle they have figured out. And it's sort of, there's a insidious genius around this called the Trump Coin. And I just didn't see that much coverage. I saw a lot more coverage of Zuckerberg staring at Lauren Sanchez's chest than I saw of all the potential scenarios that are very, very bad for the Trump coin.