Ed Dowd
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, and let's also not forget this. The fourth branch of government, the bureaucratic state, the administrative state, the deep state, whatever you want to call it, did not get thrown out of office on November 5th. They're still there. They're like blood-soaked ticks. And they're going to do everything they can to protect their jobs.
Yeah, and let's also not forget this. The fourth branch of government, the bureaucratic state, the administrative state, the deep state, whatever you want to call it, did not get thrown out of office on November 5th. They're still there. They're like blood-soaked ticks. And they're going to do everything they can to protect their jobs.
And the messaging from the Trump administration, Elon Musk and the VAC, is we're going to cut jobs. So these people are going to do everything they can to thwart Donald Trump and his administration. This is existential for them. So this is not going to be as easy as we think. There's a lot of mechanisms they can use to thwart him. You know, let's say he writes an executive order around day one.
And the messaging from the Trump administration, Elon Musk and the VAC, is we're going to cut jobs. So these people are going to do everything they can to thwart Donald Trump and his administration. This is existential for them. So this is not going to be as easy as we think. There's a lot of mechanisms they can use to thwart him. You know, let's say he writes an executive order around day one.
It'll be challenged in the D.C. Circuit Court, and then they'll have to go to the Supreme Court, as opposed to Biden does an executive order. No one challenges him in any courts. So this is part of the problem we have. It's going to be a battle. It's going to be a communication effort, a PR effort.
It'll be challenged in the D.C. Circuit Court, and then they'll have to go to the Supreme Court, as opposed to Biden does an executive order. No one challenges him in any courts. So this is part of the problem we have. It's going to be a battle. It's going to be a communication effort, a PR effort.
And Trump needs to get out in front of the economy before the mainstream media does and call it before it happens.
And Trump needs to get out in front of the economy before the mainstream media does and call it before it happens.
I'm not sure the inner specifics of how it's going to work. What I do know is they're already, before Trump gets in there, trying to pre-spend so that he can't cut the spending before, you know, the end of 25. Trying to front load the budget and then, you know, make it into law so that he can't start cutting spending until after the fiscal year end in 95. Or 25, sorry, 95. Yeah.
I'm not sure the inner specifics of how it's going to work. What I do know is they're already, before Trump gets in there, trying to pre-spend so that he can't cut the spending before, you know, the end of 25. Trying to front load the budget and then, you know, make it into law so that he can't start cutting spending until after the fiscal year end in 95. Or 25, sorry, 95. Yeah.
Well, I was very nervous about the Treasury Secretary. I like Scott Fesson. I like what he's talking about. I want to put people at ease. He did work for George Soros, but that doesn't necessarily mean anything because you have to understand how his operation works. He has Soros fund investment, and then he has the Open Society, which is his political arm.
Well, I was very nervous about the Treasury Secretary. I like Scott Fesson. I like what he's talking about. I want to put people at ease. He did work for George Soros, but that doesn't necessarily mean anything because you have to understand how his operation works. He has Soros fund investment, and then he has the Open Society, which is his political arm.
The fund investment is about making money. You could care less whether you're one horn, one eye, purple people eating monster. If you make money, you're in. And there were plenty of people I'd known over the years who had nothing like George Soros' political views, but yet worked there because it was a good job and paid well.
The fund investment is about making money. You could care less whether you're one horn, one eye, purple people eating monster. If you make money, you're in. And there were plenty of people I'd known over the years who had nothing like George Soros' political views, but yet worked there because it was a good job and paid well.
as Scott Besant left because of his political disorientation with Soros and had enough FU money that he could go out on his own. So I don't think people, don't label this guy as a Soros toady. He's saying all the right things. The capital markets and people on Wall Street like him. And there were other appointees that were floated that were were making me very nervous.
as Scott Besant left because of his political disorientation with Soros and had enough FU money that he could go out on his own. So I don't think people, don't label this guy as a Soros toady. He's saying all the right things. The capital markets and people on Wall Street like him. And there were other appointees that were floated that were were making me very nervous.
So I'm happy about that because if we don't get the treasury right and the dollar right and the economy right, it's chaos. So I'm glad about that. Obviously, I'm happy with Bobby Kennedy and Jay and others. There are some I don't like, but that's okay. I'm not going to get my laundry list of everybody.
So I'm happy about that because if we don't get the treasury right and the dollar right and the economy right, it's chaos. So I'm glad about that. Obviously, I'm happy with Bobby Kennedy and Jay and others. There are some I don't like, but that's okay. I'm not going to get my laundry list of everybody.
No, January, but the disability numbers come out Friday. Gotcha, gotcha. Look, what I think might happen, this is game theory, but if I'm a bureaucrat in the Bureau of Labor Statistics and I'm worried about my job, I'd start reporting truthful numbers now under the Biden administration. That's my hope.
No, January, but the disability numbers come out Friday. Gotcha, gotcha. Look, what I think might happen, this is game theory, but if I'm a bureaucrat in the Bureau of Labor Statistics and I'm worried about my job, I'd start reporting truthful numbers now under the Biden administration. That's my hope.