December 22 2025 Budget Deficit - goal was 3% Came down from 1.8T to 1.78T (estimated was 2.0T which would have been much worse) 40% of government spending occurred in the 4th quarter of 2024 during Biden administration trying to convince voters to their side Projecting $200-$300B contraction Year nominal growth of 6% Hoping to get it down to mid 5s Tariffs Alan Greenspan did a great job in the 90s and during Clinton years economy was roaring Folks were even worried there wouldn’t be enough government debt to service some financial actors SF Fed with 150 years of data shows that tariffs are disinflationary and do not cause inflation (see study) Tariff policy is part of national security Fentanyl imports dropping by putting pressure on China Trump retaliated to Chinese rare earth tariffs with his own tariffs Chinese won’t stop producing because of tariffs - their economy is based on volume Current tariffs is to cause a rebalancing of the economy - over time it shou...
December 31 2025 Minnesota Fraud Apparently its been a long time issue Jeff Baillon investigated this issue about a decade ago Other fraud investigations and issues later on in similar cases 100s of millions of dollars in fraud reported across multiple cases Nick Shirley joins the show Started out as YouTuber in high school Claims YouTube would demonetize if he had political content Claims no big backing - he is independent Started on this Minnesota fraud story recently Hasn’t thought through about his legal safety on these issues so far Learned to do door-to-door salesmanship throughout his life Mormon upbringing Youngest brother Even the judges let the fraudsters go They set aside jury convictions Minnesota CCAP - state administered program but largely funded by Federal funds Nick’s work is almost like a decentralized DOGE - exposing the government fraud The country is being eaten alive by all this fraud, waste and abuse Autis...