g the problem which is Reagan-ish improvements in the investment outlook or the investment situation? Have we ever been in the situation with those two things lining up at the same time? I don't know for sure but in terms of risk reward it might be the best investment opportunity of all time maybe.

Now let me say before you go off and invest anything you really shouldn't take investment advice from me. I'm not good at it. So can I say that clearly? I'm not really good at this, at the investment stuff because nobody is. The only way to be good at investing is either buy Apple computer stock or an index fund and don't go buy Apple stock because I just said that. I'm using Apple as an example of something that's such a big company it's almost a diversified stock portfolio by itself. It does so many things.

All right did I sell it? ETH when it jumped? No. My philosophy is on ETH and Bitcoin just hold forever and it's just a hedge just in case. It's a small portion of portfolio.

Father's Day is Juneteenth Day. How about that? The richest man in the world gets sued a lot. Elon Musk is getting sued over allegedly pumping up Dogecoin and then it became worthless. So I don't, who knows? Is there anybody who was buying crypto who thought it was an investment? I feel like this is a lawsuit of smart people against numb people. Like the only way you'd win is if you've got a jury of your peers who also believed that crypto was a good investment. In some cases it's never going to be a good investment except in the narrow sense of a diversified portfolio.

All right so apparently there are 30 alleged officials from the Trump administration who believe that Trump is not fit to be president again. What do you think of that? Do you think that there are 30 people who are close to Trump who say he should not be, that he's not fit for president? You know what I wonder is if Republicans are going to throw away everything because Trump might be the only Republican who can lose. I hate to say it. He might be the only Republican who could lose the presidency. Because imagine if it's just some strong candidate that's not Trump. DeSantis, Tom Cotton let's say. I believe that without Trump's baggage and given Biden's low poor popularity that anybody could beat Biden. And by the Republican Biden I mean the person who doesn't have so much baggage that that's the whole story. They just have to be a Republican and they'll just get elected. Trump is the only one who brings risk because I'm not sure how many people are going to vote for somebody whose former advisors say you shouldn't vote for them. That's pretty much a, now if that stays. And by the way these former advisors, I'd need to see some more names. I saw two or three but I'm not so sure there are 30 of them. Yeah but allegedly there's some conversation about how to keep him from running.

And by the way I'm not convinced that he's decided to run or let's say I'm not convinced he will decide to run. I think he could take a better offer. He could. I think he could take a better offer. I don't know what that would look like but if anybody ever made a better offer he's a deal maker. I think he'd take it. Yeah he's already a kingmaker. So imagine if they said look you know you're a little bit dangerous as the president but you've been a kingmaker until now. How about you just keep it up? How about you continue to be a kingmaker? Imagine if the Republican Party said look you know we're going to run a different candidate for president but we'd love you to get Trump back on Twitter and make him the voice of the party because he's so interesting. You know I would listen to Trump talk all day and be happy about it if somebody like Ron DeSantis was actually running the job. And you know because I love all the controversy that Trump brings. Like I love the entertainment. I love the show. And I do think that in the way that Fox News can influence Republicans I think that Trump could influence topics almost as much by talking about them out of office. You know if he had his Twitter platform back for example. So I don't know. I think there's at least a 50% chance that Trump will take a better offer. And the better offer would be to not do the job of president but be the most influential voice in the country. Because he could easily do that because he can decide who gets his endorsement.

And you know what? Oh my god I just realized there's a hole in the conservative world that hasn't been plugged yet. Do you know what the hole is? Just yeah you're okay you got me you're ahead of me. Rush Limbaugh. Republicans lost their strongest provocative non-politician voice. Trump should have a prime time show. Maybe a radio show but I think he's better live. Maybe a podcast. Yeah Trump as the new Rush Limbaugh having actually served in the office would be insanely interesting. Like you couldn't look away from that. And as soon as you hear it that he would be the Rush Limbaugh replacement what does that tell you about the quality of that option? It changes it doesn't it? If you said to President, to ex-President Trump here's the deal you can run for president and get all that attention and maybe even win or you could be the Rush Limbaugh power center of the Republican Party, which do you think sounds like a better offer at his age and given the risk reward of running for president? Because if he runs for president he's going to be a target again and he is a certain age. He could take the win and go off and have some kind of a prime time show.

Remember I told you that I'd love to see a show like The Apprentice except he deals with topics. Imagine Trump filling the Rush Limbaugh role of the important voice if you will and except doing it and allowing both the left and the right to debate with him as the moderator of the debate. Oh my god imagine watching him interrupt people on the left and the right because you know there's stories of him challenging even the people on the right during meetings. What do you love to see him say stop, stop, answer the question. No you're lying. You're lying. Answer the question. How much would you love to see Trump with his thumb on two experts making them fight it out but they have to make sense and they have to stay on topic and they have to answer the questions? Oh my god.

Now imagine a sidekick because you always have to have a sidekick. So who would be the, most notably would be, okay I guess that would be first choice for one type of sidekick. But I'm talking about a sidekick who would be the data person you know. Imagine somebody who's like a real data expert who was just there and Trump says all right is that even true? And then the data person says well actually that's not true so they're gonna have to try. No again not the data person. That wouldn't be me. This would be amazing. Trump could own political commentary just by having both sides. Think about it because anybody would go on the show after a while. He could get anybody as long as he let the liberal side have as much time. I think he'd get anybody on the show because they would want to show that their opinion is better than the other side. If they couldn't do it you know why? Somebody said I just described Fox News 15 to 20 years ago. You know I think you're right about that.

All right apparently SpaceX fired some employees who put together a little letter saying that Elon's, Elon Musk's behavior in the public sphere is a frequent source of distraction and embarrassment for us particularly in recent weeks. So SpaceX found out who was involved in it and allegedly what do you think of that? Do you think the free speech guy Elon Musk should fire his own employees for his freedom of speech in which they said that the boss is embarrassing them? Yes. Yes he should. Yes that's a firing offense. Do you know what's a good reason for firing somebody? They don't want to work there or they're unhappy. That's a perfectly good reason. Now it's also a good reason for changing something. Yeah there are two good things you can do when employees are disgruntled. You could find out what it is and if it's valid maybe change it. And if it is something you don't want to change well then the thing you should do is fire them if it's a big enough problem. So yeah I think this is, I think he's right to, I think any company in this situation is perfectly within their right to fire a disgruntled employee.

And so CNN is even talking about Biden maybe running for reelection because they admit he might be the best they have because they don't have anybody else who could beat Trump they think. Now I think that's wrong. I do think that they have other people who could beat Trump because Trump has the risk of beating himself right and the media would be on one side. But I think it's interesting that CNN's opinion of the Democrat bench if you will is so low that even though they're also beating on Biden that's having the lowest approval. So while CNN is saying that Biden has the lowest approval that's the news people and opinion people. An opinion piece on their site is saying that he might be the best they have. The lowest opinion ever of a president and they admit he might be the best candidate. Just think about that. How in the world could Democrats win?

Oh here's how. Do you think there's any way that Democrats can recover from this? Here's the bad news. They already did. Turns out that Rasmussen has a new poll and that they do the hypothetical match between a hypothetical Republican and hypothetical Democrat in the congressional races. And they say if it's just a Republican or just a Democrat and that's all you know they're just generic who do you vote for? Well there had been a nine point difference which is huge in favor of the generic Republican until today. Now that those January 6 hearings are making a dent apparently now there's a six point, no a five point lead. So almost cut in half. So the Republican advantage going into the midterms was a nine point lead. That just got cut to five.

Now what happened? What's happening in the world that would cause such a radical change in this opinion? January 6 coverage. I can't think of anything else. I don't think it's margin of error. I think it's the January 6 coverage. I think it's working. I think it's actually working. Because remember the January 6 coverage is mostly showing violent looking Republicans. It basically is look at these Republicans. I mean that's all people are getting from the coverage because they don't follow the details. It just looks like Republicans have become a violent extremist country. If you just dip into the coverage you just see Republicans attacking the Capitol. That's kind of all you know. So I think the January 6 propaganda is working really well. And you know I like to separate what I like from what is good work. Good being subjective. I think the propagandists are doing a great job on propaganda. Now I don't like propaganda but if you're going to do it you might as well do it well. And I think they're killing it. I think they're killing it. They've actually cut their strategy. I guess credit to Nancy Pelosi or whoever makes up their strategy but they came up with a strategy to come up with this gigantic hoax that it was an insurrection while there were in fact some violent people who probably wanted exactly that. It wasn't an insurrection I mean not in general it wasn't an insurrection. But the hoax looks like it's working.

And speaking of hoaxes, Biden just repeated the fine people hoax which still exists. Now here's the test. You've seen me compliment CNN quite a bit lately because I do think that their new leader is trying to make them report straight news on both sides and they do show signs that they're taking that seriously. So I'm going to give them massive credit every time they make a step in that direction and even I would even encourage you to watch them more because it's an interesting shift. You can see it in real time happening. But why, do you think that CNN will report what's happening with the fine people hoax? This is the ultimate test. If CNN's leader is going to take seriously that CNN is going to report straight news from now on he has a fresh example of Biden repeating the fine people hoax. I would bet you that the guy who's in charge of CNN knows it's a hoax. I'm not positive because I can't know what he's thinking but I'll bet he does. I'd say it's a 60-40.

I'll bet he does. Now if he knows that's a hoax and he knows the president just repeated it in public, if he doesn't see his people call it down as a hoax will he make them? Will he say you're going to have to say that was a hoax because we do context now. We're not doing the leave stuff on a context thing. We're going to put the context in it. It looks like he's serious. So that's something to watch for today. If you see that CNN is back that would be big news. And if I were the head of CNN I would just break the world in half and just say look let's really make a splash. Let's admit that all of our coverage was fake about this fine people hoax. We don't have to actually go back and do apologies but you're going to have to put it in context going forward and you're going to have to start today because the president just repeated it. What would happen to CNN's viewership if they did that? Would they lose viewers because their own side would say hey what's this? Or would they gain viewers because it would be a national debate about what's going on over there? I think they could gain and I would love to see this. I would love to have us battling it out about whether CNN has actually changed the direction of the ship. Because again credit where credit is due. I think they're trying. I think they're trying legitimately trying and that could be a great thing for the world. I mean really a great thing. You know it's funny because there's an opening for a major news network who reports the news straight down the middle. If they find themselves that they can do that well maybe they've got something there.

All right since summer has come