Thomas and I, we we had a great time at the at the fundraiser that we did a couple weeks ago. I think it turned out great. Time turned out great. I would rather take every single person arrested and give them zero days in jail, and add it all up and give it to Trump. [00:00:15] - He is a complete piece of scumbag. - He's garbage. Fascinating. Coming from individuals who are now raising money for Donald Trump. What you just watched is a newly unearthed video showing two [00:00:30] of the four hosts at the All In podcast. Basically saying that they're not huge Trump fans. And this was after January 6th, I believe this episode was recorded on January 8th. So the Capitol riots were fresh in their minds. [00:00:46] They were not happy about it, so they had no problem being far more critical of Donald Trump. The two key players in this are long time Republican host David Sacks and Trump convert Chamath, with a very long last name that I'm not even going to attempt to pronounce [00:01:02] because I'm going to butcher it and I'd rather not do that. So they were basically joined by a curious host, John Calacanis, and David Friedberg, who is a long time Democrat, not a Trump fan. Now again, this clip is from January 8th, 2021 and was unearthed by Tim Miller, [00:01:23] who's the host of bulwark podcast and an MSNBC analyst. So let's hear a bit more. I would rather take every single person arrested and give them zero days in jail, and add it all up and give it to Trump. [00:01:39] - He is a complete piece of scumbag. - He's garbage. Is Trump responsible? Yes. I mean, clearly 100%. 100%? Yes. Because he he is the one who, who, who put forth this theory that the election [00:01:54] was stolen and was constantly repeating it for the last two months. If you want to see this mob as a gun. I think he loaded the gun. He pointed it in a certain direction. - And even at the. - End of his political career. I think he's I think he's disqualified himself from being a candidate at, [00:02:11] you know, at a national level. Can I ask you guys what you think of this? Basically, Pelosi has told pence, you have to invoke the 25th amendment or they're going to take up impeachment. - What do you guys think about that? - I think it's the right thing to do. He's a maniac. I mean, this is insane, deranged, criminal, lunatic behavior. [00:02:29] It's completely possible that he could do something more dangerous in the last 14 days. It really is incredible how much things have changed since then, especially considering the comments we heard from Chamath in that video. He's the one who said, you know, I would prefer that the rioters [00:02:47] don't get a single day in jail, and instead we take all of what would have been their sentences and add it all up and have Trump serve that time in prison. He's singing a very different tune today. So look, it is true that David Sax is a long time Republican, [00:03:04] but at one point he was a Never Trumper. Those sax has long been a conservative. He donated to Hillary Clinton in 2016. In recent years, he's thrown his support behind the Republican Party and started publicly backing Trump when it was clear that Trump [00:03:19] would be the Republican nominee. Chamath donated more than a quarter million dollars to Biden in 2020, which, God, this is even though he donated to Biden like it is a sickness in our system. We have to get the money out. This is crazy. But yeah, he donated a quarter million dollars to Biden. [00:03:36] But in June, Sax and Chamath hosted this huge megadonor fundraiser for Donald Trump, which was a signal for not just their political shift, but the political shift in Silicon Valley overall. [00:03:53] And I think if you've been paying close attention, you might have noticed that. So David Sax, a prominent venture capitalist and part of the PayPal Mafia, held the fundraiser at his Pacific Heights residence. Tickets sold for $50,000 a head with $300,000 with a $300,000 tier that [00:04:11] includes perks like a photo with Trump. I can't. I was invited to a Biden fundraiser, not as a donor. Obviously. It was someone I know within the media industry, and I'm like, I'm not going to donate any money. So like, why are you inviting me? [00:04:27] And he was like, no, no, I just want you to come as my guest so you can see what, like happens, what it's like. And they're so excited to take a picture. So excited. Like paying that kind of money just to take a picture with someone blows my mind. Okay, but anyway, the event sold out and is expected [00:04:43] to raise $12 million for Trump. So I'm going to get to potential reasons for their political shift. But John, I'm curious what you think about their political shift. Yeah, I hadn't been I think I'd heard of David Sax. I wasn't familiar with any of the other guys, but I think we've [00:05:02] obviously seen things like this before. The statements they made were back, you know, in the wake of January 6th were pretty strong. And that's always what makes these, like, all the more amazing that you could go from that point and then maybe honestly not even realize, [00:05:19] like they may not think of themselves as really changing at any particular point. It was probably gradual. They probably criticized him for weeks or a month or two after that. But some of the criticisms start to drop away. And then Biden is president and we don't like what he's doing. [00:05:35] And Trump goes away for a few months. You're not thinking about him. And that's how these things can, I guess, creep back. There's not a lot of examples I can think of where the statements were as strong as you just showed. Maybe JD Vance with he could be America's Hitler or some of what Ted Cruz said [00:05:51] in the 2016 primary was pretty brutal against him. But this is the the evolution that a lot of Republicans have have had to have. There's only been a few of them in media that have been willing to be like, no, I'm going to make my moral stand. He's not right. He's not qualified. [00:06:07] And if that means that my career is different for the rest of my life, that's just what it's going to be. There's a few like that. Not a lot. And you can understand why there's way, way less money in it. And I'm not saying that's what motivates any individual, but that's that's definitely a factor. [00:06:23] And so yeah, I and by the way, really fast, you could, you could go from being highly critical of a politician to supporting them. I do think there should be a story about why why exactly you went. And I do think it matters what your criticism was about [00:06:38] criticism about a particular policy. Maybe you can get past criticism of a particular comment. Maybe you can get past. But criticism of what you found to be an unacceptable extrajudicial attempt to overthrow American democracy. I don't think you should be able to bounce back from that and support a guy. [00:06:56] - But yeah. - I look, I totally agree with you. Especially that last part. Because for me, even if I went through some sort of like insane political change and I'm now like, you know, voting along with Republicans [00:07:11] or whatever, which I'm not. But even if that were the case, the whole fake electors scheme and the disrespect of our democratic process, as flawed as it is, and believe me, I recognize how flawed it is. But it's all we've got in terms of voicing [00:07:28] who we want to represent us disrespecting that, and going against the will of the American people in order to reverse the results of the election. That is unforgivable for me. Okay. And I could never support anyone Democrat. Republican doesn't even matter. [00:07:46] I could never support anyone who disrespects this country and our voters like that. And so when it comes to people like Chamath, you know, sacks, Calacanis, you know, There's something else in it for them. And it's abundantly clear through this story that the, you know, the willingness [00:08:08] of Trump to go against the will of the American people to to basically steal an election that's secondary to them. The priority is something else right now. What is the priority? They didn't give us any real reasons. We can only speculate. But currently, you know, all four of the hosts on this podcast [00:08:25] are located in San Francisco. They're part of Silicon Valley. And despite San Francisco being thought of as a, you know, liberal area, it's actually not that surprising that key figures in that industry in Silicon Valley are like shifting toward the right, [00:08:40] because they view the Republican policies as far more friendly to the tech industry. They're concerned about regulations. They're concerned about, you know, antitrust lawsuits. They certainly are not fans of the head of the FTC, Lina Khan. [00:08:56] And so when you consider their business interests, their switch tends to make a little more sense. But what's also interesting, John, is in recent weeks, we've been getting a lot of messaging from Kamala Harris that has shifted on a little more to not a little more, a lot more toward the pro-business community. [00:09:16] And, you know, she's talking about like, how moderate she is, how much she's she's she's a capitalist. She loves business. And apparently that signaling is not really working for some of these wealthy tech bros, but we're in a we're in a dire situation, man. [00:09:33] Like, right now, we don't really have someone who's talking about substantial policies to improve the lives of ordinary people. And I just feel like every election cycle tends to devolve into that. But any thoughts? [00:09:49] Some ordinary people or ordinary tech people, I suppose. And by the way, look, I understand, like on a logical level, why you would make the decision If that's the decision they're making, that they want the deregulation or they want the tax cuts or whatever, that's fine to say. I care about a favorable business environment and more income for me. [00:10:08] So I'm willing to accept the demonization of outsiders, the end of popular democracy, all of those things. I think it's understandable that some people would make that decision. And I think in the rise to power of every fascist regime, there's been a lot of people who've made that decision and have been perfectly willing to allow, you know, [00:10:25] under groups and all sorts of other other people that aren't like them to be demonized or have their rights taken away or be imprisoned or possibly killed because that's what you think it takes for the business environment or the tax structure to be favorable to you? - I think it sucks. - I mean, I do too. [00:10:42] I mean, what are what are your real values? I mean, in this case, I think their values are pretty clear. So I don't know I. Don't know the I literally don't know those guys. I've never heard of them before. So I can't speak for them. So let's, let's you're going to hear from them right now because they are very concerned about regulations against cryptocurrencies. [00:11:01] Under Biden, the SEC has taken measures against cryptocurrencies and his antitrust regulations have cracked down on megacap tech companies. David Sax, by the way, has been clear in his displeasure with the Biden administration and the economy that he blames the Biden administration for. [00:11:19] He says Biden came into office promising a return to normalcy. What has he actually given us? A decelerating economy. A spike in inflation. A world on fire. Vindictive partizan witch hunts. Democrats are going all in on lawfare because they've [00:11:35] got nothing else to run on. But I think what's also informative here is the appearance that Trump made on their podcast back in June. Because the issue of crypto did come up, the issue of tech companies did come up. Let's hear what he had to say. You know, one of the things I think we heard a lot at that dinner was just the [00:11:53] difficulty that people in business were having under this Biden administration. You got the crypto guys who just want a framework. They just want the government to tell them how to operate, and they can't get that. You got no M&A happening right now in tech. [00:12:10] The real estate guys, they can't get loans because the interest rates are through the roof and there's a credit crunch. So I think one of the common themes we just heard across that dinner was that it was just so hard to do business right now. And I guess maybe a good place to start would just be, you know, [00:12:26] what's the number one thing? Or maybe the top three things that you would do to kind of get things moving again? You know, if you're reelected. So I'd say regulation, regulation and taxes. When I asked a lot of people, a lot of big people, a lot of corporate types, big corporate types, [00:12:43] they said if you had your choice between just the taxes or just the regulations, where did I do better? He said the regulations. I was the biggest cutter of regulation in four years. I cut more regulations than anybody by far, by far, not not even close. [00:13:00] Feel like that has a lot to do with their support. Probably that statement from Trump. So look, the race is insanely close and I have no idea who's going to win. You know, the the polls show that, you know, if Harris is leading, [00:13:18] you know, she's within the margin of error and vice versa. Like I have no idea. So it's unsettling. I mean, look, the election overall to me is unsettling. And I'm not crazy about either candidate. I'm just going to keep it real with you. But if you're, you know, really hoping that Kamala Harris wins, I can't tell you. [00:13:36] And I can't predict that he's she's definitely going to win. I mean, the polls are way too close and within the margin of error. But we'll see. We'll see what happens. I think it's an indictment on the Democratic Party that they can't increase the lead. I just yeah. [00:13:53] Listen to listen to the voters. Just listen to the voters, please. Like, I get it, I get it. How much? What's her haul now, John, you mentioned it when we were on break over $1 billion. Like they're going to spend a lot of that money and that might help in these last couple of weeks. But, yeah, it's, it's depressing how close it is. [00:14:11] And, look, we're a very partizan country, and, you know, the support for Trump is it's not super malleable. Like there's a lot of people who they've been. Trump has been their entire political life for ten years, and they're going to stick with him until he's finally moldering under the ground. [00:14:26] And and so you can you can cut into that a bit. And I think, I don't know, it's tough, man. It's tough. I'm depressed too I do I like that she has a lead. And I think that it is slightly gone up over the past couple of weeks, but not nearly enough. Hey, thanks for watching the video. We really appreciate it guys, and we appreciate it if you become members, [00:14:44] because that allows us to be independent, honest, progressive, all the things that you don't get from corporate media and all of that is because of you guys. Hit the join button below and become one of us. Become a young Turk.