Back to episode — Episode 2569 CWSA 08/17/24
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his? How about you tell me if CNN or MSNBC will have a mortgage loan broker on and then you ask the question, hey, how many more loans do you think you'll make if people get $25,000 for their first home buy? Let's see what they say. At best they'll say something generic like, well, you know, more money is better. I don't know. But if you ask them how many extra loans they'd make, it'd probably be…
← Previous segment →Monstrously difficult. And if you looked at any of the individual things they were asking for, they were all defensible individually. Everything they asked for was defensible. It's just that collectively it made it almost impossible.
I was thinking the other day about, you know, every now and then I think about starting a business. Usually I'm just playing around in my head. But I think, what if somebody started a business and did this? Hey, what if I do it? And I realized that there's no situation in which I would ever start a business in California. Just think about that. I've started a number of businesses in California. They didn't all work out like my restaurants. But I would never start a business in California. So I'm done economically in my state. I don't know how I would start it in another state exactly, what that would look like. But if it were a local business that had to be in California, I wouldn't even do it. It wouldn't matter how good the numbers looked. Like if I ran the spreadsheet and it was like wow, this is making tons of money here, I wouldn't do it because it's the wrong state to be in business. So that's got to matter.
Well, the All-In Pod podcast, we're not so happy with Kamala Harris's grocery price gouging price control idea. Because everybody who's smart — and let me say that not as hyperbole — everybody who's smart knows that price controls are devastating for civilization. It's like an end of civilization plan. It's so bad. It's not like other things where we go, oh if you do this there might be some trouble. You know, the usual political stuff. You know everybody says if you elect Trump it'll be the end of democracy, but you know nobody takes that too seriously except idiots. But when I say that price controls on food specifically could be the end of civilization, that's not hyperbole. If you run out of food, everything falls apart. So price controls would guarantee that you had less food. Now that doesn't say there's 100 percent chance it's the end of civilization, but in terms of your real risks it's way up there as one of the biggest risks to civilization. And I can't even believe that is being proposed. I mean it's actually mind-boggling.
Now I have not heard a single person in favor of it yet. So the reason I like to refer to the All-In Pod people is because they're unusually smart and unusually big talent stacks and they've seen a lot of businesses and they've succeeded in a lot of businesses and they invest in a lot of businesses. So they're the ones who, if you get all four of them saying this is a bad idea — because remember they don't all agree politically, but all four of them would say from a business perspective, I think all four of them are on the same page — this is not a good idea. It's a terrible idea to have price controls on food.
There's a video going around. I think it was from maybe 2019 of Kamala Harris talking to some crowd. And I don't know the context. I think the context is lacking. But she was talking how the government could snatch the patents from companies. Now the context must have been companies with really bad behavior. So I don't know why she'd even talk about snatching their patents. But I saw people forwarding it around and talking about her being a patent snatcher, which I love to say by the way. You patent snatcher. That might be my new insult for everybody. You little patent snatcher. I love saying that. Say it at home. You'll like it. Go ahead, say it at home. Say it at home to your dog if there's nobody else there. Just say it out loud and see how much you enjoy saying "patent snatcher." It sounds like it's going to be naughty but then it's not. You little patent snatcher.
Anyway, here's my point about that. Everybody was talking about how bad it would be if she, if the government tried to snatch your patent. And they buried the lead. You know what the lead is? She was obviously drunk. If you see the video — I think I forwarded it on my X account, but you can see it easily. Just look at it and ask yourself if she's drunk. You'll see it immediately. Why in the world is the story that she's going to snatch your patent when the real story should be there she is drunk again? I mean obviously drunk. It's you don't have to be some kind of expert in drug abuse to know a drunk. How in the world is that not the top line topic all the time? I guess no proof, no proof.
And the tell is, have you ever known a woman who when she drinks too much she has an extra high pitched voice sometimes? Have you ever seen that? It's such a tell. Where you'll be talking along and maybe you're quite animated but then your voice will go up to this level that it never goes up to unless you're drunk. You know somebody like that. I know you do. Just listen to it a
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nd when she hits that high note you'll be like, ah yeah. That's her. Her eyes look drunk and her demeanor looks drunk. But when she hits the high note you're going to say to yourself, yeah, you don't talk like that unless you're drinking. Meanwhile, Brazil as you know is trying to censor the X platform. They came at him again. And Musk has stated that the Brazilian attempt to censor free speech i…
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