Send us Fan Mail Another day in the oligarchy. It is midterm day, there is escalation in Iran, 33 countries have warned their populations to stock up, and grocery stores across Europe are getting their freezers hacked. Let’s get into it. We open with a Ted Cruz clip from March where he said if this Iran thing is still front and center in November, we have done something wildly wrong. Well, here we are. Then Trump on Fox saying Iran’s navy is on the ocean floor and all 288 of their planes are ...

Send us Fan Mail In the intro we react to a video we could not include in the podcast for copyright reasons. See the video below. https://youtube.com/live/iY1i3Osf5RM Five stories today. A Vanity Fair excerpt on Jared Kushner that he is denying outright. Trump’s rally marathon. An AI company telling the SEC its product might end humanity. And then we close on Ron Lauder and 9/11. We start with the $5,000 checks being floated for after the midterms, roughly $1.2 trillion if it goes to every...

Send us Fan Mail The president seems stressed. Oil just hit its highest point since this war began. And at the end of this one I am showing you something I spent 48 hours building that I think answers the question people keep asking me. Are we actually in a recession right now? We start with Trump at a series of rallies, a cabinet exchange with a reporter, and a question I keep coming back to. How did we get so disillusioned about what a president is supposed to sound like that this became no...

Send us Fan Mail I turned on an emergency stream because Bibi Netanyahu just said the quiet part out loud, and I need you to be ready for what comes next. At an IDF officer course graduation ceremony, Netanyahu claimed Iran is once again attempting to develop a nuclear weapon, and then said there is only one way to remove the threat once and for all. Overthrow the regime in Iran. He said that is his directive to the IDF, Mossad, and the security branches. He followed it with a post saying tha...

Send us Fan Mail I got Julian Dorey and Tommy G on at the same time, two of the hardest working people in this space, and we spent an hour on one question. What would it actually take to change this country? Tommy opened with his answer. We need a flashpoint. Something that gets young people united in the streets regardless of party. Julian pushed back, and his pushback is worth hearing. We have had plenty of flashpoints this year and nothing moved. He also made the case that revolutions almo...

Send us Fan Mail We have a diesel deal that turned out to be a nothing sandwich, a ceasefire nobody actually agreed to, a 3D printed salmon with no fish in it, and two pieces of real data that dropped yesterday and this morning. We start with Trump at a midterm rally saying out loud that he could say the stupidest things and the crowd would still clap. I think that is the most honest thing he has said in a while, and it frames everything that follows. On the diesel deal with Putin, people r...

Send us Fan Mail Freddie Smith came back on for our second minisode and we spent the whole hour on one question. Can the housing market actually be fixed? We started with the grieving process. Freddie made the point that if inflation and home prices had taken fifteen years to get where they are, we would have slowly adjusted. Still been getting screwed, just in smaller pieces. Instead it happened all at once between 2022 and 2026, and that speed is what made it so devastating. He also pointed...

Send us Fan Mail I want to start with my buddy Jared. I sold him a home in Kent County Delaware in the summer of 2022 for $267,000 when he was making $63,000 a year. Four years later he built a software company, works harder than almost anyone I know, and now makes $127,000. More than double. His home is now worth $410,000. If I tried to requalify him today, for his own house, he would not qualify. He has a $1,500 mortgage and nowhere to go, because selling it and buying something comparable ...

Send us Fan Mail Five things Trump said this week that are worth sitting with, an AI development that genuinely rattled me, and our full reaction to the FlyDubai story. We open with the numbers because the numbers do not spin. The August Monthly Treasury Statement is out and we are running a $167 billion deficit in a single month. Tariff revenue comes in fourth on the receipts sheet, below Miscellaneous. You would have to multiply our tariff income by twelve just to break even for one month. ...

Send us Fan Mail I got James Li on the stream and we covered a lot of ground. He is one of the best independent journalists working right now, 5149 on every platform, and he does it as a one man operation with no producers, no editors, and no researchers. We opened on Israel and the 9/11 overlap, the Greater Israel Project, the cyber bill that just merged the American and Israeli military intelligence apparatus, and why James thinks this is the last administration that gets to offer unconditi...