All the crap you never needed

November 23 2024 Friedberg excited about DOGE DOGE - Elon and Vivek oped in WSJ Team will work with OMB Get rid of $500B not authorized Conduct audits Use West Virginia vs EPA and Loper Bright vs Raimondo (overturning Chevron doctrine) DOGEcast Everything they said is obviously right Government waste is a tax on all of us Why are democrats making this a political issue - this affects all of us At the very least they are highlighting these issues Milton Friedman viral clip Expectations are raised by the clip but lowered by media and Washington insiders No one has made money betting against Elon Musk Vivek Ramaswamy is a big legal mind WSJ oped published it means that this is unifying the party They can show a big leaderboard of what kinds of money wastage is happening This can help the average American feel like they have insight and some control into how the government spends its money CA example Regulatory burde 1997-2015 has incr...

 E204: November 16 2024

E203: November 8 2024 Trump Wins! Holiday Party Steve Aoke DJing Andrea Botez + Alex will do DJ and Chess Spending $1M+ All In expanded the overton window + foil (Sacks and Jason) - so helped Trump win Indirectly Jason starting All In Pod helped Trump win maybe! Sacks at Mar A Lago Joined Tucker show in the library Trump felt calm Met Elon, Jared, etc Trump had a resounding victory What happened People got tired of being judged harshly by the Dems Comprehensive victory Inflation Bad Dem candidate Podcast strategy Chamath was with Clinton, Obama (during Brexit had breakfast), etc Dems only come to him for money Trump was the only one who just talked to him There have been deliberate efforts to perturb the way he is portrayed and how people from across him are portrayed Message, Messenger and Campaign Strategy Manchin was driven into retirement and Sinema was kicked out of the party because Dems didn’t get to pass even more $4.5T sp...

November 1 2024 Jason partying stories from the previous week AllIn holiday party Dec 7 at Palace of Fine Arts Apparently it’ll be $1M party??? Election Night YouTube Live stream at 7pm pacific US GDP growth seems healthy 2.8% growth in Q3 (adjusted for inflation) Better than other western countries Lots of national debt though 3M federal government employees Total almost 25M people working for the government (fed + state + local, etc) Both candidates are proposing lots of spending Government consumption of GDP Most of the gains under Biden administration are from the government But private sector is struggling DropBox layoffs latest example (announced layoffs) Questionable whether this will affect voting because its come so late in the news cycle Voters might be more affected by inflation and jobs Prime Rate is 8% This rate determines bond rates Bank unrealized losses are crazy This is worse than in 2008 Buffett war...