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Episodes Episode #2730 Segments
NewsReaction Media & Fake News

Back to episode — Episode 2730 CWSA 01/24/25

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st week. And guess what the overnight is? The overnight is Trump at 59% approval. Does that even seem possible? Now, Rasmussen gets a lot of criticism from the Democrats, and part of the reason they get criticized is they're one of the most accurate pollsters, and they generally have a better view of Trump, better results on Trump than, let's say, the average of the other pollsters. But they're a…

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voters saying, yeah, that actually does matter to me.

But AOC and Stewart both agree that what it does when Democrats are in favor of keeping it, which they are, that it makes them easy targets for Republicans to say you hypocrites, look what you're doing. And interestingly, it's just interesting they're calling out their own side for this huge error.

Now I remember before Trump was president, if AOC and John Stewart were on a podcast, the one and only thing you would expect from that is dunking on Republicans. And instead they dunked on Democrats hard. They dunked hard on Democrats. This is the Trump effect, is it not? This is Democrats trying to figure out how to do something different from everything they've done. And AOC, whatever you want to say about AOC, you know I fully accept all the criticisms as often valid, but remember I tell you that she is a unique character and that she can break frame sometimes. They can't. The rest of them can't do it. Fetterman can do it. Fetterman can break frame. Eric can break frame. AOC can break frame. Now that's not always good. It doesn't mean they're great. Doesn't mean you should vote for any of them because of that. But it's rare. And when anybody can break frame, I always pay attention. So I'm going to pay attention to this one.

Meanwhile, CBS News fired Nora O'Donnell, who has not been historically very favorable to President Trump. Is this the Trump effect? Yes, yes it is. Trump destroyed the reputation and therefore the entire business model of traditional news, and they are in freefall and trying to figure out how to make it work.

But I'm going to put my MBA hat on for a minute. And instead of looking at this as a political thing, I'm going to look at it, which it might be. It might be that the network is trying to be a little less anti-Trump because they need to have access to the administration to make stories and stuff. So it could be just normal politics overlapping business. But there's a bigger business question. I think that the days of hiring a gazillion-dollar host to just read the news is not a business model that can ever work again because they're competing against podcasters who are just killing it.

Here's what I'm going to make a prediction about the traditional news business. I think they're going to morph into a syndication company. And what I mean is that instead of being the people who essentially own the talent, I think they're going to become a platform for distribution and promotion, but that they'll work with essentially podcasters who are in charge of their own content. So it's not for podcasters like me because I'm almost entirely opinion-based. But there are podcasters who have real news experience. You know, I'll just pick one randomly, but I'm not anticipating that this one goes into that model. But just for example, somebody like Megyn Kelly has a huge audience and also has a lot of experience in the traditional news business. If somebody like CBS said, hey, we got a new model, we're just going to distribute people and you just have to do all the content, that seems like that would be a good model because that's how cartoons work, by the way.

The way the cartooning industry works mostly is that the cartoonists don't work for the newspaper. Some of the political ones do, but the ones that are three-strip, four-panel kinds of things, they don't work for the newspaper. They're part of a syndication group where there's a business that does all the distribution and the promotion, and then the content people draw the comics and then they just share the money. So I think TV news is going to turn into a syndication model because nothing else will work. They're not going to pay $10 million for a celebrity. Why would it make more sense to pay zero dollars and say we'll distribute you if you can get a big audience? We both make money. So it's just positive from the first day. That's what I think.

Ross Ulbricht, as you know, the creator of the Silk Road, who was in jail for two life sentences plus 40 years, has been pardoned or commuted, I forget which word it is, but he's a free man now. And he did a little video directed at President Trump. Now this was really interesting because clearly if you had your life saved by President Trump, as he did, Trump just saved his life for all

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practical purposes, and you can't leave that alone. You're going to have to acknowledge that that was a great thing for you. And he does. But you also don't want to be killed in 2025 by all the wokies who can't stand the fact that you thanked Trump. So he picked his words so carefully that it reminds you how smart he is. And how smart he is is really sort of the big story on this. I don't think yo…

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