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All In Podcast Episode 181 Recap and Notes May 31 2024

May 31 2024

  • The Rainman’s court
  • Sacks + Chamath hosting fund raise for Trump
    • Trump leading in the polls
    • He might come on the pod also
    • They kinda already did pod + fund raiser for RFK Jr, Dean Phillips, Vivek
      • Chris Christie came on the pod but they didn’t do official fund raiser
    • They would do Biden also (at least Chamath would)
    • They want to model being able to associate with friends who have different political opinions
    • Chamath has donated to Democrats massively
    • They are hoping to fight the preference falsification issue where people secretly support Trump and don’t want to admit it
    • Jason thinks Dems will switch their candidate soon
      • Sacks is skeptical about that
  • House COVID-19 investigation
    • Bipartisan investigation
    • Focused on communication between NIH officials and Eco Health Alliance
    • Peter Daszak mentioned
    • Fauci mentioned
      • He even pushed back against Rand Paul when asked about it some time ago
    • Does the effort to try and stop the problem actually cause the problem? Post SARS efforts were well intentioned but might have gone astray
    • US has cut funding to Eco Health alliance and Peter Daszak has been fired?
    • Eco Health name And Kristian Andersen words/names were mis-spelled
    • David Morens grilled in hearing
      • About conversations with Fauci about this whole issue
    • There is a “FOIA lady” at NIH teaching people to write/communicate stuff so that emails can disappear, etc
      • Apparently this was Marge Moore?
    • Fauci supported gain of function research
      • He helped reverse Obama era ban
      • He wrote op-eds about it
    • Fauci might have wanted to cover up his role in the release of Covid
    • Results
      • We over-reacted and broke the seal on unmitigated spending
      • Billions of people were made to have these immaturely developed/tested vaccines/drugs
      • We empowered power-drunk elites - who believe that they know better - now the cover up is way greater than the crime
        • These people went on the offensive - they were not elected by us but they attacked us
      • Our kids lost 2 years of school
    • Job 1 is how will you prevent it from breaking out - put it on a remote island - they didn’t even do that
    • Internal NIH emails claim that Covid leaked from a level 2 facility which isn’t that locked down
    • Sadly we now have to be more skeptical of experts
    • What kind of government do we really have? Politicians come and go - but these bureaucrats stay forever and do what they want
      • Fauci passionately committed to Gain of function research
      • Victoria Nuland passionately committed to bringing Ukraine into NATO
    • Maybe we need term limits for this administrative apparatchik - the deep state
    • Why isn’t this the top story at the news networks?
      • Maybe they were complicit?
    • US youth despairs over US politics
    • Most people don’t trust mainstream media
  • Crypto Corner
    • Halving just happened
    • Price has increased following each halving
    • There’s almost like a pattern 1mo, 3mo, 6mo, etc after a halving
    • Crazy appreciation is possible if past trends hold true (not financial advice)
  • Salesforce shares drop 20% in worst day since 2004
    • Revenue up but less than Wall St expectations
    • Lost ~$40B in market cap
    • Macro economic slow down
    • SaaS software is cheaper to make now? Using AI tools, etc
    • Generative AI might not be a new product line, given all the open source tools
    • Inflation
      • 3.6% annualized CPI
      • 1.4% GDP growth
      • 4+% interest rates
    • Founder CEO companies outperform any index
  • Trump found guilty of all 34 charges in hush money trial
    • Falsifying business records in the first degree is the charge
    • Election interference was another charge
  • Dell earnings also down
    • Increased costs on AI
    • Other tech companies could be hit too

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