Topics covered in the podcast include nationwide cell outages in the U.S, Kelly Wong's appointment to San Francisco's Elections Commission, Elon Musk's Neuralink breakthrough, Biden dismissing speculations about Gavin Newsom, Nikki Haley's comments on Donald Trump, and Putin's net worth compared to Elon Musk.
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Quick takeaways
Speculation on potential Democratic nominees for 2024 with focus on Michelle Obama as a favorite replacement for Biden.
Growing concerns about Biden's performance, fundraising, and mounting legal expenses leading to speculations of his potential stepping down.
Shift in donor dynamics for Trump's 2024 campaign compared to previous campaigns, emphasizing the importance of small donors.
Investigation into Putin's estimated wealth, rivaling Elon Musk, highlighting a complex network of hidden wealth through offshore deals and assets.
Comparison of Elon Musk's legitimate wealth from successful companies to Putin's alleged kleptocracy, showcasing different paths to accumulation.
Deep dives
Speculation on Democratic Presidential Nominee for 2024
There is growing speculation about potential Democratic nominees for the 2024 presidential race. Newsweek reports that Michelle Obama is a favorite to replace Joe Biden if he were to drop out. Similarly, Fox Business highlights concerns over Biden's health and rising legal expenses, fueling rumors about a potential switch in the nominee. Additionally, Nikki Haley's war chest and strategic waiting game to see Trump's fate adds another layer of complexity to the Democratic nominee landscape.
Concerns Over Biden's Performance and Fundraising
Concerns about Joe Biden's performance and fundraising efforts have emerged. Only 16% of middle-class families credit Biden for helping them significantly, highlighting a disconnect in economic policies. Biden's donor numbers have dropped by 200,000 compared to his previous campaign, raising concerns about his fundraising capabilities for the upcoming election year. The mounting legal expenses have contributed to speculation over Biden's potential stepping down from the contest.
Trump's Campaign Finances and Competition
Trump's 2024 campaign raised $189 million, contrasting with Biden's $202 million from a smaller donor base. Trump's diminishing donor numbers are attributed to donor fatigue and competition with other Republican candidates like Nikki Haley, underscoring the importance of small donors to Trump's campaign. The current political landscape showcases a shift in donor dynamics compared to previous campaigns.
Potential Democratic Nominee at the Convention
There is an increasing likelihood of a different Democratic nominee emerging at the convention. Trump's donor numbers dropping by 200,000 compared to 2019 raises concerns about fundraising capabilities for the upcoming election year. With competition from other Republican candidates and shifting donor dynamics, the role of small donors becomes crucial in shaping the political landscape for the 2024 elections.
Putin's Network Compared to Elon Musk's Wealth
Experts highlight that Putin's wealth is estimated between $70 billion and $200 billion, rivaling top businessmen like Elon Musk. Putin's secretive network involves offshore deals and complex financial structures, hiding his true value behind a web of bank accounts and assets.
Kremlin's Support and Wealth Acquisition Tactics
Putin's wealth is reportedly gained through support from allies, coercive tactics, and the Kremlin's protection known as Krisha, shielding businessmen involved in kickbacks and wealth accumulation. The use of obfuscation tactics complicates the disclosure of Putin's true wealth.
Luxurious Assets and Connections
Putin is said to own luxurious items like mega yachts and Black Sea palaces, reflecting substantial earnings hidden under official modest income declarations. Close allies like Yuri Kobalchuk exemplify the intricate network managing Putin's valuable assets, including expensive compounds.
Complex System of Wealth Redistribution
The article reveals a complex system of wealth redistribution and obfuscation in Putin's network, raising questions about transparency and ethical business practices. The exposure of Putin's financial structures sheds light on the challenges of uncovering the true extent of his wealth.
Elon Musk's Wealth vs. Putin's Kleptocracy
Elon Musk's significant wealth is attributed to his successful companies, including Tesla and SpaceX, while contrasting Putin, described as a kleptomaniac ruling through a kleptocracy. The discussion highlights the stark difference in how wealth is amassed between a builder like Musk and a leader like Putin, who is criticized for exploiting his position to enrich himself.
Controversy in Girls' Basketball
A girls' high school basketball game faced controversy when a player identifying as female, yet biologically male, led to injuries and subsequent forfeits due to concerns about fairness and safety. The incident underscores ongoing discussions about trans women competing in women's sports and the need for clear rules and regulations to address such challenges.
Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana discuss whether nationwide cell outages in the U.S are the result of tech failure or a cyber attack, non-U.S. citizen Kelly Wong being appointed by the San Francisco's Board of Supervisors to city's Elections Commission, and Elon Musk announces MAJOR breakthru at Neuralink.
TIMESTAMPS:
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10:16 - Non-U.S citizen Kelly Wong has been appointed by the San Francisco's Board of Supervisors to city's Elections Commission.
24:48 - Massive cell outages across the U.S. as Verizon and AT&T go down.
45:00 - Joe Biden laughs off rumors Gavin Newsom will be the Democrat's nominee for 2024.
52:04 - Nikki Haley takes shots at Donald Trump, claims he has dementia.
1:01:22 - New York Times article claims Mar-a-Lago was up for sale for $20 million 43 years ago.
1:09:38 - Nvidia surpasses Tesla as the most traded stock ahead of anticipated earnings.
1:18:13 - Elon Musk announces first Neuralink patient able to control computer mouse with his mind.
1:33:42 - Harvard professor receives threats after a study showed no racial bias in police shootings.
1:44:57 - Bill Maher calls out celebrities who fly privately while advocating for climate change.
1:52:59 - Vladimir Putin's net worth 'rivals Elon Musk' according to reports.
2:08:54 - Gig workers pay down 15% for Uber Eats and DoorDash.
2:11:04 - Tinder instituting a driver's license and passport police to get a blue checkmark.
2:15:18 - Basketball team forfeits game after trans player injures female players.
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