00:40:38 · Ed Elson
[00:40:38] S3: I agree to an extent. There are some elements on which I disagree. On the on the data centers, you know, I look at... I don't think that we're seeing, like, a populist lurch to the left. I think a lot of these candidates have been massively mischaracterized about what their policies actually are. And I'll just give you an example. Like, Acton in Ohio. She has backed a moratorium. And a lot of people say... I mean, some people support that. They hear that. Oh, great. I hate data centers. Great. But I think a lot of people hear that and they say, oh, she's a populist idiot. She must be a socialist. She just hates data centers. And the truth is she has backed a conditional moratorium unless the developers of the data centers cover a 100% of their utility costs. And that to me is sensible regulation. You are saying, here's the framework. You're not allowed to do it unless it actually benefits the American people. And I look around at a lot of these candidates, and I see a very similar thing. I mean, I look at El-Sayed as an example who was immediately dubbed DSA socialist whack job and jihadist terrorist. I mean, that's a little easier to see as crazy because it's like, okay. You're just racist. But in terms of the socialism, it's like this guy has specifically said, I am not a socialist. I am not affiliated or in the DSA. I am a Mhmm. Capitalist, and what I am for is regulated capitalism, which is what we are all for. That's exactly what we're going for. And so I look at a lot of these people, and I'm like, these are actually overwhelmingly reasonable people who have... I mean, even AOC, she said woke one point o was done. It's like, I actually don't see a problem with any of these people. I think they're being caricatured as these crazy people who are taking these things into this crazy direction. It's like, actually, most of the people that I'm looking at, a lot of these candidates are sane. The only thing that makes people anxious is that they are fiery and strong. And to me, that's actually important, and we need that. And this is where I think... I mean, it sounds like maybe we overlap in what we think about the impeachment and the prosecution. I agree that that shouldn't be your number one priority. Your number one priority needs to be go after the economic problems, figure out housing. We need to build more homes.
00:43:08 · Ed Elson
We need to address inequality, but I think you need prosecution and retribution because what has this guy done? Crimes. I mean, just flat out. And by not prosecuting crimes, you're giving in to politics by saying... I mean, it... To me, it's disrespectful of the law not to prosecute the shit out of this guy. And I agree performative impeachments and congressional hearings where some Democrat gets their moment to be cool and get their clip. Fuck that. But this guy clearly committed crimes. I mean, we'll see. Let's see the evidence. But you need to prosecute these people. You need to bring Gail Slater from the DOJ into Congress and ask what happened. Why were you ousted right after you tried to investigate the Trump administration? Why why was Meg Ryan ousted from the SEC after she tried to investigate Trump and his insider trades? Why were CFTC officials told to stop investigating the the billions of dollars in oil trades that were very unusually timed right before Trump went and changed his decision on Iran? Like, these are these are just crimes. And so I hope that the Democrats don't give in to being seen as being politically biased, by not prosecuting the law. And I hope that they're actually very strong and resolute in that. I hope it doesn't mean that it's the only thing they do, but I actually do wanna see some prosecution.
00:44:33 · Scott Galloway, Ed Elson
[00:44:33] S0: I I agree with with most, if not all of that. And... But I... The way I would position is not as retribution, but as accountability. And, you know, let's look at all of the stock trades. Let's bring in experts. Let's talk about... Let's bring in maybe certain family members and say, what exactly was the deal? Why did you... Someone who has no background in money management get $2,000,000,000 and what was given... What was returned in exchange for that? When the entire group investigating, the entire crypto fraud group at the SEC was eliminated. Okay. I mean, you're right. There's just a ton of... At a minimum, the American public needs to understand what happened here. Also, in terms of rail politic, I think as Democrats, it would be a mistake to go on an impeachment nostalgia tour. And to be blunt, I think Americans and Democrats have to get used or come to grips with the fact that Donald Trump probably is not going to be prosecuted nor go to jail. [00:45:26] S3: While he's president. Right?
00:45:26 · Ed Elson, Scott Galloway
[00:45:26] S3: While he's president. Right? [00:45:28] S0: Because he'll pollute himself or or or what? We're not gonna put an obese 82 year old former president in prison, Ed. We're just not. And all of that, even if he's... Everyone says no one's above the law. I'm not sure that's true because if you put a president in prison, what happens the next time when it swings back? Remember the Republican chants of lock her up? Now granted, I don't think secretary... Madam secretary Clinton, we interviewed Sunday night or Monday night, was guilty of a crime. But I think it is dangerous when you start putting presidents in prison. [00:46:00] S3: But you're letting them win. If you're saying that we're not gonna prosecute the law and and adhere to justice because we're worried about what might happen later politically, you're letting these criminals take over our system. [00:46:15] S0: Do you really think we're gonna put a president who was elected legitimately twice in prison at the age of 83 or 84? You think that would be good for America? [00:46:26] S3: If the judge believes that that is that is what is deserving of the crimes, and I I think probably the answer will be yes, then, yeah, I think it's good for America. I think it shows you that no one is above the law. And if we don't do it, then we're admitting that our justice system is flawed.
00:46:45 · Scott Galloway
[00:46:45] S0: There's 90% overlap. I wanna have Howard Lutnick in there. Like, what... Let me understand how your son's got this a billion dollars in investment. And can we have can we have you just read this section from the emoluments clause and and help us understand how you tried to thread the needle between stated law that your family is not supposed to be benefiting from trading off geopolitical power. I am all for it. That needs to be overwhelmed by thoughtful policies around health care, around reducing tariffs. I think immediately, a presidential candidate should do a couple things. One, announce a framework for a democracy free trade zone. We need to go the other way on tariffs. It will hurt some American industry, but say consumers need to benefit from a local economy. Shareholders need to benefit from our comparative advantage around higher margin IP driven products. And we need to send a signal to democracies and our former allies and trading partners that we're serious about lifting everyone's prosperity, and we're gonna have the mother of all free trading zones, and we're gonna take tariffs absolutely the other way. I think another thing we should do immediately is outline an enormous bill of support in terms of weapons, in terms of capital, in terms of intelligence for Ukraine. Because even if those things don't pass, even if they're vetoed, they set the agenda for the next twenty four months. But to go on... If we're just overwhelmed with another what I'll call... If we go on a retribution slash impeachment nostalgia tour against Trump, I I think we lose the swing voters. I don't think the swing voters... I think the swing voters are looking for... I do think they're looking for accountability, but more than anything, Ed, I think they're looking for affordability and a way forward for their families. I don't... They're trying to figure out how they're gonna pay for their health care, how they take their kids to Disneyland again, how they afford an education, how they find housing that's reasonable, how they get their kid out of the basement. And, yeah, they want wanna understand. They want to understand how the SEC has become so neutered. They wanna see the IRS funded again. They want big tech held accountable. Sure. They they want all of those things. But I think that gets... I don't think that can be the banner we flag... We fly under.
00:49:10 · Scott Galloway, Ed Elson
And an obsession with putting the president in prison [00:49:13] S3: If he committed prison worthy crimes. That's what... I mean, you shouldn't be putting the president in prison just because you don't like him. You shouldn't be putting [00:49:20] S0: We're not gonna come to an agreement on this. I'm more a rail politic. I think that's a bit of a side issue. I worry that creates an ultimate circus and distraction, and that's not what American families are focused on right now, but around what I'll call accountability and restoring the SEC, restoring laws, figuring out what... Even the crypto market, the the hardcore serious crypto people want some accountability here. They wanna go, okay. What the fuck was with this meme coin? Who are these wallets buying it the day before? Who got... Are so many interesting hearings that are gonna happen for wonks like you and me. The majority of Americans are just gonna look at gas prices and where the rent is.