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Truth with Vivek Ramaswamy

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May 2, 2023 • 48min

The Dark Side of Crypto with Lee Reiners

In this episode of The Vivek Show, host Vivek Ramaswamy and guest Lee Reiners, a Duke University lecturer and financial regulation expert, discuss the aftermath of the 2008 financial crisis and its impact on American capitalism. They delve into the world of cryptocurrency, exploring its origins, security vulnerabilities, and philosophical implications. From the role of intermediaries to North Korea's use of cryptocurrency to fund its ballistic missile program, this conversation provides valuable insights into the complexities of the crypto ecosystem and the future of the financial system.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Time-codes:00:00:25 - Negative impact of 2008 financial crisis on American capitalism00:01:47 - Learning from past crises to prevent long-term damage00:03:30 - Introduction of guest Lee Reiners and his background00:06:58 - The polarizing nature of cryptocurrency00:07:57 - Students becoming crypto regulatory experts00:08:36 - Cryptocurrency failing as a store of value00:10:35 - Blockchain technology as the backbone of cryptocurrencies00:11:20 - Crypto as a peer-to-peer payment system00:11:47 - Why people prefer intermediaries in crypto transactions00:14:27 - Security vulnerabilities of cryptocurrency00:15:33 - North Korea's exploitation of crypto vulnerabilities00:16:14 - Cryptocurrency funding North Korea's ballistic missile program00:18:18 - Complexities of regulating crypto exchanges00:20:54 - Philosophical debate on property rights in cryptocurrencies00:22:07 - The high-profile 2016 DAO hack on Ethereum blockchain Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 1, 2023 • 33min

Fear Leads to Submission: COVID, Climate Change, and Authority with Dana Loesch

In this episode of The Vivek Show, host Vivek Ramaswamy is joined by radio host and political commentator Dana Loesch. They delve into Loesch's journey in the 2016 presidential cycle and her initial hesitation about Trump, as well as Ramaswamy's experience stepping down as a biotech CEO. The conversation covers faith, Marxism, GOP politics, and the challenges posed by ideologies like Critical Race Theory. They also discuss the consequences of society's increasing reliance on government authority and the blurring of political lines in modern America.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Time-codes:00:00:23 - Dana Loesch's experience supporting a governor in the 2016 presidential cycle00:01:34 - Loesch reveals her journey from Perry to Cruz to Trump00:04:46 - Vivek Ramaswamy's decision to step down as a biotech CEO00:05:32 - Ramaswamy's choice not to run for US Senate00:08:16 - Challenges of being the head of the GOP00:09:56 - The few in Congress who don't care about special interests00:11:33 - Inoculating oneself against the administrative state's influence00:14:01 - Vivek's motivations for running and knowing when to walk away00:16:57 - Dana Loesch's journey to non-denominational Christianity00:18:18 - Loss of faith in God's impact on society00:21:24 - Freedom, equality under God, and the threat of Marxism00:25:39 - Science and reason becoming a "superstition"00:26:06 - Dostoevsky's "The Brothers Karamazov" and its relevance today00:27:42 - Fear of the unknown leading to submission to authority00:29:27 - The shift in the political landscape and blurred lines between right and left Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 28, 2023 • 39min

Reforming the Fed: The Inside Story with Danielle DiMartino Booth and Vivek Ramaswamy

In this compelling episode of 'The Vivek Show,' host Vivek Ramaswamy is joined by Danielle DiMartino Booth, founder of Money Strong, LLC, and a former adviser at the Federal Reserve Bank of Dallas. They dive deep into the inner workings of the Federal Reserve, discussing its policies and their consequences on the global economy. Danielle sheds light on the questionable alliance between Wall Street and modern monetary theory, as well as the Fed's role in the 2008 financial crisis. She also shares her insights on the COVID-19 pandemic, the broken notion of trickle-down economics, and the rise of "unicorn" companies. Finally, they discuss the potential for the next US president to reform the Fed and the importance of strong leadership.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Time-codes:00:00:13 - Vivek's focus on reforming the Federal Reserve00:02:07 - Danielle calls COVID-19 an "act of war" by China00:05:31 - Danielle's book "Fed Up"00:07:33 - The broken notion of trickle-down economics00:08:12 - How Greenspan and Bernanke distorted price signals00:11:26 - The Dodd-Frank Reform Act and its impact on small banks00:13:01 - The 2007 Jackson Hole Symposium00:15:05 - Negative effects of zero interest rates00:15:48 - Federal Reserve's role in the 2008 financial crisis00:17:27 - The boom of venture capital funding and "unicorn" companies00:19:06 - Raising the capital requirements ceiling to $250 billion for banks00:20:42 - BlackRock's involvement with the Fed00:21:29 - Interest rates shouldn't have been reduced to zero after the 2008 crisis00:22:34 - The shadow banking system00:23:21 - Only one round of quantitative easing needed after Lehman00:25:00 - Unequal benefits of low interest rates and asset inflation00:27:04 - Modern monetary theory and its alliance with Wall Street00:28:35 - Erosion of checks and balances in government00:29:19 - Federal Reserve should safeguard the value of the US dollar00:30:21 - Unfilled job openings due to people being paid not to work00:31:27 - Opportunity for the next president to reform the Fed00:32:05 - Importance of a market disciplining event00:32:26 - A single large regulator for the financial system00:33:22 - Allowing banks to fail without causing widespread Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 27, 2023 • 51min

The Dark Side of College Admissions: Uncovering the $25 Million Scam

In this episode of 'The Vivek Show,' host Vivek Ramaswamy explores the topic of meritocracy in America and voices his opposition to race-based affirmative action. He is joined by guest Andrew Lelling, a former U.S. Attorney from Boston, who led the prosecution of the notorious college admission corruption scandal. Lelling sheds light on Rick Singer's elaborate scam involving bribing college coaches and cheating on standardized tests, which secured the admission of wealthy parents' children into prestigious universities. Over 10 years, Singer's scheme amassed an estimated $25 million. Lelling also reveals some high-profile individuals involved in the case, highlighting the wide range of wealthy participants.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Andrew Lelling, a distinguished former United States Attorney and senior Department of Justice (DOJ) official, brings his extensive expertise in white collar, securities, and international enforcement matters to the podcast. With a track record of successfully trying dozens of cases in both federal and state courts, Lelling shares valuable insights as he defends companies and individuals in complex government investigations, spearheads internal investigations, and provides guidance on compliance with federal, state, and international laws.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 26, 2023 • 44min

American Express Exposed: The Dark Side of Woke Policies

In this eye-opening episode of 'The Vivek Show,' host Vivek Ramaswamy is joined by guests Nick Williams and Kenny Xu, who reveal the unexpected alliance between corporate America and the woke movement. Nick shares his personal experience at American Express, where he was pushed out of the company due to controversial racial policies. Together, they explore how these practices are eroding the culture of merit and hard work in the United States. Additionally, Kenny Xu introduces his new book, "School of Woke: How Critical Race Theory Infiltrated Our Schools and Why We Need to Reclaim Them." --Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Kenny Xu is a distinguished commentator on education, identity politics, and the ongoing battle against meritocracy in our culture. He is the author of two insightful books, An Inconvenient Minority and School of Woke, which delve into these critical issues. Kenny has contributed to notable publications such as The Wall Street Journal, Newsweek, and The Federalist. As the President of Color Us United, he actively works to create a more inclusive and equitable society. Kenny currently resides in North Carolina. Nick Williams is a former employee of American Express, where he worked for over eight years as an Iowa-based manager of business development. His unexpected termination in March 2021 sparked his determination to speak out against the company's controversial racial policies. Despite being offered a six-figure settlement, Nick refused to remain silent, opting instead to share his story and stand up against what he views as the detrimental effects of "woke corporate America." Nick's courage and conviction serve as a powerful example of taking a stand for what is right.--Time-Codes:00:21 - Vivek Ramaswamy discusses the mystery of the arranged marriage between corporate America and the woke movement.01:18 - Introduction of guests Nick Williams and Kenny Xu, who have been fighting back against the trend in corporate America.02:17 - Nick shares his personal experience at American Express and how he was pushed out of the company.10:20 - Vivek Ramaswamy questions the motivations behind American Express's actions regarding race and relaxing standards for specific objectives.11:09 - Kenny Xu reveals that American Express provided a 15% bonus for firing white males and hiring people of color, according to the company's documents.12:07 - Kenny Xu suggests that American Express's decision to "go woke" might be an attempt to deflect attention from federal investigations and charges against the company.20:13 - Vivek discusses the origins of the word merit and its connection to America, highlighting the importance of rewarding results and effort.21:53 - Vivek asks Nick about his black colleague's reaction to the diversity policy and how it affected their working relationship.23:34 - Nick emphasizes that merit and hard work should be the focus, not race, and that the culture at his company was destroyed due to these policies.28:44 - The impact of college admissions on the Asian American community is discussed, particularly racial preferences and how they can be harmful.31:00 - The conversation turns to how people are no longer being rewarded based on their merit, but rather on compliance with a particular system.32:27 - The idea of taming the spirit of excellence in America based on race and assumptions is explored.34:22 - The potential for creating a new social structure of racism through the current system is debated.38:41 - Vivek Ramaswamy explains that civil rights statutes, as broadly construed by the EEOC, create the conditions for viewpoint discrimination.39:58 - Vivek discusses the importance of treating these issues as American issues, not just left or right issues.41:09 - Kenny Xu introduces his new book "School of Woke: How Critical Race Theory Infiltrated Our Schools and Why We Need to Reclaim Them." Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 25, 2023 • 1h 3min

The Carbon Reduction Paradox: Why Do Some Oppose Nuclear Energy? with Neil Chatterjee

In this episode of The Vivek Show, host Vivek Ramaswamy explores the paradox of carbon reduction advocates opposing nuclear energy and discusses the complexities of US energy policy with guest Neil Chatterjee, former Chairman of the Federal Energy Regulatory Commission (FERC). They delve into FERC's role in overseeing competitive wholesale power markets, the challenges faced by differing state policies on decarbonization, and the consequences of shutting down coal plants on communities. The conversation covers the role of public policy and market forces in shaping the energy landscape, touching on the controversial topic of carbon capture pipelines and the potential for fostering nuclear energy without subsidies. Throughout the episode, Ramaswamy and Chatterjee engage in a thought-provoking discussion on the future of US energy policy and the potential for reforming key regulatory agencies.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Indranil "Neil" Chatterjee is a prominent American lawyer, political advisor, and former member of the Federal Energy Regulatory Commission (FERC). He served twice as FERC Chairman, from August 10, 2017, to December 7, 2017, and October 24, 2018, to November 5, 2020. Prior to FERC, Chatterjee was an energy policy advisor to United States Senate Majority Leader Mitch McConnell and held roles with the United States House Committee on Ways and Means, and the National Rural Electric Cooperative Association. Throughout his career, he has been committed to shaping balanced energy policies that promote both energy production and environmental stewardship.--Time-codes:00:00:00 - Mystery of carbon reduction advocates not supporting nuclear energy00:01:19 - Possible anti-growth agenda in the US00:02:53 - Introduction of guest Neil Chatterjee00:08:21 - Structure of FERC for independent judgment00:09:37 - Constitutionality concerns over independent agencies00:11:59 - Oversight and nomination process reining in radical FERC agenda00:16:12 - FERC's role in competitive wholesale power markets00:17:58 - Implementation of a minimum offer price rule00:20:56 - Reversal of the minimum offer price rule after 2020 election00:34:36 - Vivek questions the need for a top-down energy transition00:36:19 - Neil's support for solar plus storage00:38:57 - Impact of shutting down coal plants on communities00:40:41 - Neil's opposition to burdensome EPA regulations00:43:50 - Vivek's skepticism on government-subsidized carbon capture pipelines00:44:53 - Biden administration's clean energy transition and transmission line challenges00:46:20 - Opposition to energy infrastructure built near homes00:52:06 - Bilateral contracting in energy markets00:53:07 - Roles of RTOs and ISOs in energy markets00:56:49 - Fostering nuclear energy without subsidies and private capital's role00:57:38 - Public Utility Commission's role in evaluating utility rates00:58:38 - Challenge of short-term thinking for long-term energy projects01:01:04 - Vivek's proposal for a new nuclear energy regulatory agency Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 24, 2023 • 1h 11min

The Power of Debate: Fostering Civic Capacity and Tackling the Fentanyl Epidemic with James Fishback

In this engaging episode of "The Vivek Show," host Vivek Ramaswamy and guest James Fishback, investor at Greenlight Capital and founder of the nonprofit organization Incubate Debate, discuss the power of high school debate in fostering civic capacity and addressing critical issues like the fentanyl crisis. They cover topics such as the Federal Reserve, the impact of AI on education, and the rise of tribalism in politics. Fishback shares his experiences in founding Incubate Debate, which aims to break financial barriers and provide opportunities for young Americans to engage in open dialogue, and highlights the urgency of combating the deadly fentanyl epidemic.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--James Fishback founded Incubate Debate in 2019, a non-profit organization aimed at making debate accessible to students of all socioeconomic backgrounds and political beliefs. Incubate has welcomed thousands of students from all over Florida to its tournaments, workshops, and camps, all at no cost. The organization's proprietary debate formats make it easy to learn and hard to master, requiring dedication and a willingness to continually strive for improvement. James Fishback, born and raised in Davie, FL, started Incubate Debate after serving as a volunteer debate coach and competing in high school debate.--Time-codes:00:00 - Vivek Ramaswamy's introduction and background00:14 - The difference between capitalism and democracy voting systems00:35 - Introducing James Fishback and his background00:08:21 - Conversation with David Einhorn on the Federal Reserve00:09:20 - Debate coaching during COVID00:11:52 - Hosting free debate tournaments with Incubate Debate00:16:14 - The impact of debate on civic culture00:17:22 - The rise of tribalism in politics00:18:11 - Changes in high school debate00:20:55 - Loss of free speech in high school settings00:23:46 - The first in-person debate tournament in Glades County00:24:31 - Biased debate topics00:26:41 - The Trojan horse model of the illiberal left00:29:18 - Navigating biased debate topics00:30:57 - Racial equity as a tiebreaker in debates00:31:41 - The concept of "tyranny of merit"00:33:18 - Alternative approaches for underserved students00:36:55 - Addressing the extracurricular gap00:37:43 - Minds changing during debates00:39:50 - The Florida parental rights bill00:41:53 - Upcoming debate topic: AI and education00:42:49 - Reforming the Federal Reserve00:46:33 - Micromanaging inflation targets00:51:45 - The importance of civic capacity00:52:31 - Launch of "Not Even Once" School Assembly Series Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 21, 2023 • 2h 17min

Vivek Ramaswamy on TimCast with Tim Pool

Tim Pool is an American political commentator, podcast host, and independent journalist born on March 9, 1986, in Chicago, Illinois. He first gained recognition for live streaming the 2011 Occupy Wall Street protests. Pool later joined Vice Media and Fusion TV in 2014 before transitioning to YouTube and other platforms. Throughout his career, Pool has covered various protests and events across the world, including the Gezi Park protests in Istanbul, the 2016 Milwaukee riots, and the 2020 US presidential election. Despite expressing support for Bernie Sanders in 2019, he announced his support for Donald Trump in the 2020 US presidential election.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 20, 2023 • 1h 1min

The Truth About Race and Affirmative Action: A Powerful Discussion with Adam Coleman

In this episode of The Vivek Show, host Vivek Ramaswamy welcomes Adam Coleman, the author of a book about black victimhood culture. They discuss race, affirmative action, and the importance of overcoming challenges through education and strong family structures. Adam shares his personal story of growing up in a single-parent home and the hardships he faced throughout his life. They also discuss Adam's political transformation, his discovery of Thomas Sowell's work, and the exaggerated media narratives surrounding the Black community and policing. Throughout the conversation, they emphasize the significance of good communication and the need for open, honest conversations about race. Adam reflects on the role his faith has played in his personal and professional growth, revealing his journey through mental health struggles and the importance of owning one's experiences.Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy Time-codes:00:00 - Vivek outlines his opposition to race-based affirmative action02:30 - Vivek highlights the importance of a two-parent household03:15 - Introduction of guest Adam Coleman04:49 - Adam shares his motivation for writing his book06:20 - Adam discusses his upbringing in a single-parent home10:14 - Vivek asks about Adam's inspiration and book's thesis12:16 - Adam's concerns about media narratives and the Black community13:53 - Adam talks about his political transformation15:22 - Adam's introduction to Thomas Sowell's work30:38 - Vivek and Adam discuss the connections between their ideas31:45 - The right to discuss race-related issues34:33 - The importance of 'how' people talk about race41:54 - Adam's approach to discussing race43:13 - Shifting the focus from race to class in affirmative action discussions52:06 - Adam reveals his admission to a mental health institution at age six Learn more about your ad choices. Visit megaphone.fm/adchoices
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Apr 19, 2023 • 51min

US vs. China: The Fight for Economic Independence with Jim Nelles

In this episode of The Vivek Show, host Vivek Ramaswamy is joined by supply chain expert Jim Nelles. They discuss the impact of fear and uncertainty on policy decisions, such as COVID-19 school closures, the war in Ukraine, and the Silicon Valley bank bailout. The conversation delves into the complexities of the American supply chain, including regulatory failures, antiquated laws, and the consequences of a truck driver shortage. They explore the concept of declaring economic independence from China, focusing on the potential benefits and alternatives. Throughout the episode, Vivek and Jim emphasize the importance of setting ambitious goals, having a clear vision, and inspiring the American people to achieve greatness. Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy Jim Nelles is a Chicago-based supply chain consultant with extensive experience in various leadership roles, including Chief Procurement Officer, Chief Supply Chain Officer, and Chief Operations Officer. A former Naval Officer, Jim attended college on an NROTC scholarship before earning his BA in Economics and French from Northwestern University. He also holds a Masters in Management from the prestigious JL Kellogg Graduate School of Business. Join us as Jim shares his invaluable insights on the complexities of supply chain management in today's world. Time-Codes:00:00:00 - Fear and uncertainty driving policy decisions00:03:21 - Consequences of declaring independence from China00:04:59 - Introduction of guest, Jim Nelles00:12:32 - Inefficiency of government regulations in supply chains00:13:14 - Ineffectiveness of the current secretary of transportation00:14:22 - Exploring supply chain chokepoints00:15:42 - The truck driver shortage and its impact00:17:19 - Human capital shortage and its causes00:18:27 - Importance of declaring independence from China00:20:47 - The need to defeat China economically00:21:48 - Factory construction increase in the US00:22:43 - American companies investing in US plants00:23:42 - Potential benefits of decoupling from China00:24:34 - Incentives and tax credits for US investments00:25:50 - Decoupling doesn't mean isolationism00:37:06 - Setting ambitious targets and using an offense strategy00:38:00 - Need for a clear vision to lead the country00:39:10 - Proposing independence from China00:40:48 - Aiming for significant GDP growth00:41:37 - Fear during the COVID-19 pandemic00:42:53 - Inspiring the younger generation00:43:55 - Disappointment in the silence of due process advocates00:45:34 - Encouraging open conversation despite fear of judgment Learn more about your ad choices. Visit megaphone.fm/adchoices

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