Scott Adams
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Podcast Appearances
Anyway, remittances to Mexico have collapsed. John Nolte in Breitbart is writing about that. So if he didn't know what a remittance is to Mexico, as the Mexican undocumented people come into the United States and make money, They send some of their money back to Mexico. That's called a remittance. I don't know why. It's just sending money. But Trump plans to tax those remittances.
Anyway, remittances to Mexico have collapsed. John Nolte in Breitbart is writing about that. So if he didn't know what a remittance is to Mexico, as the Mexican undocumented people come into the United States and make money, They send some of their money back to Mexico. That's called a remittance. I don't know why. It's just sending money. But Trump plans to tax those remittances.
But at the moment, they're way down. It's not entirely clear to me why they're down. Would it be because there are fewer people here? I thought they, you know, I don't think we sent back that many Mexicans, did we? But anyway, remittances are down, and Trump's planning to put a 3.5% tax on those remittances. So it might make $22 billion over the next several years if he does that.
But at the moment, they're way down. It's not entirely clear to me why they're down. Would it be because there are fewer people here? I thought they, you know, I don't think we sent back that many Mexicans, did we? But anyway, remittances are down, and Trump's planning to put a 3.5% tax on those remittances. So it might make $22 billion over the next several years if he does that.
Newsmax is reporting that Trump's not happy with, surprise, the Federal Reserve and their interest rate policies. So Trump says that Powell, head of the Fed, is too late. He should go for a full point reduction in interest. He goes, too late. The Fed is a disaster. Europe has had 10 rate cuts. We have had none. Despite him, our country is doing great. Go for the full point. Rocket fuel.
Newsmax is reporting that Trump's not happy with, surprise, the Federal Reserve and their interest rate policies. So Trump says that Powell, head of the Fed, is too late. He should go for a full point reduction in interest. He goes, too late. The Fed is a disaster. Europe has had 10 rate cuts. We have had none. Despite him, our country is doing great. Go for the full point. Rocket fuel.
Trump posted that on True Social. All right. Now, I don't have an opinion on what is the right amount of interest rates to be set. But it does feel to me that Trump is a little bit more right than Powell. Does anybody have that same sort of just instinct? I feel like Powell might be holding back for political reasons that maybe he doesn't process as political reasons.
Trump posted that on True Social. All right. Now, I don't have an opinion on what is the right amount of interest rates to be set. But it does feel to me that Trump is a little bit more right than Powell. Does anybody have that same sort of just instinct? I feel like Powell might be holding back for political reasons that maybe he doesn't process as political reasons.
You might think he has other reasons. But I do worry that our interest rates are not being set by economics. Does anybody else worry about that? Now, you could blame Trump and say, well, if Trump had not been so hard on Jerome Powell, Powell would admit it maybe just on his own lowered interest rates more. But there's no evidence of that because in both cases, he would be helping Trump.
You might think he has other reasons. But I do worry that our interest rates are not being set by economics. Does anybody else worry about that? Now, you could blame Trump and say, well, if Trump had not been so hard on Jerome Powell, Powell would admit it maybe just on his own lowered interest rates more. But there's no evidence of that because in both cases, he would be helping Trump.
And if he didn't think that helping Trump was a good idea, well, we'd be in the same place. So in surprising news, Just the News is talking about this. Alan Dershowitz is urging a pardon or commuted sentence for Ghislaine Maxwell, Epstein's accomplice.
And if he didn't think that helping Trump was a good idea, well, we'd be in the same place. So in surprising news, Just the News is talking about this. Alan Dershowitz is urging a pardon or commuted sentence for Ghislaine Maxwell, Epstein's accomplice.
Now, I've been saying for years, so most of you have heard me say this, that when there's a big legal question, I like to wait for Dershowitz because... I like to wait for Dershowitz because he always has the cleanest and what I consider the most reliable answer. And if you check back later, you'll see he's usually right. But this one's a weird one.
Now, I've been saying for years, so most of you have heard me say this, that when there's a big legal question, I like to wait for Dershowitz because... I like to wait for Dershowitz because he always has the cleanest and what I consider the most reliable answer. And if you check back later, you'll see he's usually right. But this one's a weird one.
So I don't think I can automatically agree with this. And the argument is that Maxwell got a stiffer sentence than people who did similar crimes. So I said to myself, really, is that true? First of all, what kind of crime would be similar to this? And the second thing is, what is her sentence? So she got 20 years in prison and she's been there, how long has she been there? Four years.
So I don't think I can automatically agree with this. And the argument is that Maxwell got a stiffer sentence than people who did similar crimes. So I said to myself, really, is that true? First of all, what kind of crime would be similar to this? And the second thing is, what is her sentence? So she got 20 years in prison and she's been there, how long has she been there? Four years.
How long has Ghislaine Maxwell been in prison? Four years? Five years? Something like that. It's already been a while. But she's got a 20-year sentence. And Dershowitz thinks that it would make sense to commute her sentence. Now, it's been three years. So I'm hearing it's three years. Okay. Okay. Now, how many of you think that what she did fits a three or four year sentence?
How long has Ghislaine Maxwell been in prison? Four years? Five years? Something like that. It's already been a while. But she's got a 20-year sentence. And Dershowitz thinks that it would make sense to commute her sentence. Now, it's been three years. So I'm hearing it's three years. Okay. Okay. Now, how many of you think that what she did fits a three or four year sentence?
Because it literally involved trafficking minors. That's a tough argument. So I went to Grok. And I asked if her sentence was unaligned with comparable court cases and sentences. And Grok basically threw up his hands. It doesn't show them very often. because there's nobody who did a crime that's quite like that.
Because it literally involved trafficking minors. That's a tough argument. So I went to Grok. And I asked if her sentence was unaligned with comparable court cases and sentences. And Grok basically threw up his hands. It doesn't show them very often. because there's nobody who did a crime that's quite like that.