Coffee With Scott Adams — Knowledge Archive July 1, 2026
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Episodes Episode #2730 Segments
MainContent Economics & Finance

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

Context —

Tucker Carlson podcast. I haven't finished it yet, but like I said, it's the most eye-opening, jaw-dropping, incredible set of useful points that you should understand. It's really special. You know, so you got to watch that. So that's a big deal. If you're looking for some optimism, this story about allowing any kind of power plant, you know, not stupid but just normal power plants to be associa…

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to be the perfect example because it's one where the government literally and the president alone can decide whether, well not alone, Congress should be helpful, but he can make it worth a trillion dollars. Take Greenland. Would you invest in a mineral mining operation in Greenland if you knew it wasn't protected and China or Russia could come in and start strong-arming you and getting you in trouble? That's a risk. But suppose Trump says to Greenland, here's the deal. I will remove all risk of invasion. What's that worth to you? Unlimited everything. Well, what would it cost if I were to just buy Greenland? Oh, you couldn't afford it, Mr. President. That'd be almost a trillion dollars. Okay, so a trillion dollars if I buy it. But what if I don't buy it and also don't protect it? What's that worth to you? And the next thing you know, Trump makes a mining operation in Greenland which wouldn't be economical because it's such a big investment and you don't know if you could get elbowed out by a foreign country. And Trump will just make that risk away. Oh no, they're not going to touch you if you put a mining operation in Greenland, and the U.S. puts it there. And let's say they share some of the revenue with the locals, more than they've ever had, quadruple the lifestyle of the locals, and also protect them from any kind of foreign invasion. And maybe if Denmark wants to have some commonwealth kind of connection, let them have it for historical reasons but not any real control. I think this deal can get done. I really think he can get this done. We'll see. But it's brilliant thinking.

And no matter what you think, Trump also signed an executive order to start the process, which could take a long time, to unleash the declassified documents on Kennedy and Kennedy, two Kennedys, and Martin Luther King. And Trump says everything will be revealed.

Now I'm a little confused about something about this story. You're the president of the United States, and you have been the president of the United States at least four other years. The president is allowed in theory to see 100% of all secrets. I'm not wrong about that, am I? The president is allowed to see 100% of all secrets, no exceptions. I think that's what the system is. And yet the president doesn't act like he knows what's in those files. Now it'd be one thing not to know the details, but Kash Patel says he's seen them. So Kash has looked at them, and he's not giving us a hint what's in there but says yes, they should be released.

Do you think that Trump has not once talked to Kash Patel and said, all right, I don't have time to look through all these documents, but are there any big surprises in there? Wouldn't Kash Patel be able to tell him? Because Trump has the ultimate security clearance. Yes, I looked through, and when the public finds out that XYZ is true, it's going to be a big story. I don't think Trump has heard that because Trump's nature is that he's a tease. If he knew what was in there, I think he would have teased us and said, wait till you find out what's in there. That would be like a perfect Trumpism. But he didn't do that. He actually legitimately acts like he doesn't know what's in the files.

Now I think there's nothing in there. I think that if you're expecting that the government files say the government killed the president, well that's a little bit unrealistic because it would be exactly the same people who controlled the files as allegedly would have killed the president. They didn't put it in a memo. I don't think there's any memos. You know, it was before email. It's not like they're going to find the email or the history of online searches or anything. I don't think it's going to be anything. I think all three of them are going to be a yawn. It's going to be stuff we already knew and maybe some details that make you run down a rabbit hole, but you'll end up at the same place you started. So I don't expect anything, and it's going to be a longer process than people want. You know, we're going to forget about it, and then someday there'll be a story that says well I guess we can't show you everything and we can't tell you why. So Mike Pompeo blocked it when Trump was first in office. And I understand that Trump just removed the security clearance for Mike Pompeo. Ouch. Not related, I think, but never know.

All right. So Trump gave a video speech to the World Economic Forum. If you're tapped into this stuff, you know the World Economic Forum is, let's see, they're big on climate change. That's one of their biggest things. And they were big on ESG, which is sort of the corporate form of diversity and equity. So that's what the E in ESG is for, is equity, right? So they love DEI and they love climate change. So that's what the WEF is. They're more than that, but you know those are the big themes.

Trump goes on video, shits all over DEI, brags about getting rid of it, says there are two genders, and he calls the Green New Deal the green new scam. So he's canceling all that green new scam stuff and getting out of the Paris Accords. Now if that's the only thing that happened during his speech, you would say who does that? Who goes to this famous full of billionaire CEOs and heads of state and just tells them that their core mission is harmful? And he said it. He didn't use those words, but he said it as clearly as a person can say it. I mean he didn't leave any doubt. And they sat there and they just took it.

And then he said, because he knew the top bankers were there and one of them was on stage, they had a Bank of America, Trump actually got in his grill in a live video exchange while the entire world was watching and told B of A, you better stop debanking conservatives. And then he brought up Jamie Dimon, the other biggest banker in the country. And Jamie, to you, better stop debanking conservatives. What do you think the bankers said in their statements and such afterwards? We've never debanked any. What are you talking about, debank people? We've never debanked any conservatives.

Well, what kind of conservatives do you think we debanked? Well, let me give you an example, courtesy of Marc Andreessen. Trump's wife, his wife, they debanked. They debanked his wife. And she wasn't the only one. You know, there are plenty of other examples. General Flynn weighed in. Are you kidding? They debanked me. They debanked all these people. Then Eric Prince weighs in. Are you kidding? They debanked me. They debanked my family. They debanked everybody related to me. And then they debanked his ex-wife simply because she'd received some money as your normal divorce money. And then the banker said we've never done that. And as Marc Andreessen points out accurately, huh, it's funny that there

Context —

's so much debanking that's confirmed and yet no bank was involved. That was just a great moment. One thing I can tell you is that unless the banks have started looking into all of their debanking past, there's going to be hell to pay. I don't think they're going to get away with we didn't do that. Oh, the fake news will protect us. I'm pretty sure MSNBC will say it never happened, so we'll just…

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