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Elon. I don't think you've met
Dean yet, Elon Musk meet entrepreneur Dean

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Phillips, also a presidential candidate now
running. I think at about twenty six

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percent in New Hampshire. Elon.
Dean is under the age of eighty,

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he's run. He ran Belvidere Vodka. I think we might have popped a

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bottle of Belvedere Laca back in the
day. And he also, you know,

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ran the delicious Silenty gelato company.
So he's an entrepreneur, he's under

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eighty, and he's a moderate,
and you know he has the backing of

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Bill and myself now I think in
this election. So maybe your thoughts today

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just on twenty twenty four DII and
Mark picking Day, everything well at Friscal.

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I agree with the puzsanive attribute that
you listed. I think there's definitely

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something if you said full of those
things. And I agree with what Blackin

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said about the I you know this, we really want to in order for

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records be the land of opportunity,
we have to be arit based society.

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The moment we let go of being
a merit based society, we are no

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longer the land of opportunity, and
that is very important to appreciate. So

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out of King of this country is
nothing. Actually it just ended up with

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a ties student debt. And you
know, I've had some success, so

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you know, I think and and
and this is this, This is true

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of many people. And I think
there's there's perhaps of sometimes I misunderstanding or

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lack of appreciation that uh, when
kids are born into comfort, there that

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lack of adversity uh is actually a
liability for them. It is not the

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case that a lack of adversity makes
them motivated. It tends to decrease motivation.

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So the reason they had the sort
of loads and peasants in most societies

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and still you know some cases still
have it was in order to preserve the

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power of the the kids who were
not as capable as their parents. So

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and you know, and they wanted
to have in America a place where you

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could prosper and succeed based upon your
merits, based upon your skills and hard

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work. That's that was extremely important. So I just want to emphasize it

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is not the case that want its
prosperity is a path to success. I

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think it is very often not a
path to success. You have to say,

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how many second and third generations of
those who were very success well are

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themselves successful. They are the exception
at the normal. Yeah, I think

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we've seen that first and in uh
yeah, in our circles and just the

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people who tend to in entrepreneurship drive
results are the ones who come from a

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lot of adversity and my gosh,
Silicon Valley gets you know, a pretty

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gets criticized a whole lot. But
just watching who has run to the positions

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of power, in many cases immigrants, kids of immigrants, and people who

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started with nothing. I think moving
on to this election, Dean, I

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was wondering if you could give us
an idea of what it's like to be

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running in the Democratic Party and what
you're seeing, you know, in the

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streets of New Hampshire, what you're
you're getting from the electorate in terms of

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their choice and a lot of us
who are lifelong Democrats actually you want most

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people don't know this, I think
has been a speak for himself. But

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sure a lifelong Democrat, yeah,
so made for I mean as fared to

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be a lifelong independent, but for
practical purposes I have I have for most

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of my life been a Democrat.
Now I do believe that one should consider

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both parties, and so I sort
of favorite in patis thought that that you

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shouldn't just vote for a candidate because
of a political party. I think you

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should vote for a candidate on the
merits of the candidate and be open at

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least occasionally to voting for the candidate
of the other party. But but yes,

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it's the life of never Democrat can
mean, it can mean that you

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will vote for a Democrat no matter
what, and that is certainly not the

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case. Remain Yeah, you're but
but I have objectively, you know,

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voted for Democrats the vast majority of
my life. Yes, And so you

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know, Dean, when when you
look at the feedback you're getting on the

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choices people, I think overwhelmingly in
America or not interested in a rematch of

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that's another statement. And maybe yeah, and we're in fact looking for maybe

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moderates, not lunatics on either side
of the fringe, and maybe some normalcy

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and competency in the White House.
But you've had a heck of a time

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getting on the ballots. So maybe
you could talk a little bit about the

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ballot issue being blocked by the Democratic
Party, which we thought was hopefully going

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to be incredibly democratic, and then
just why you're breaking ranks and now the

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most hated man in the Democratic Party
for criticizing Biden running at his advance.

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So you know, there's actually there's
an interesting analogy here because in my business

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life, my father, my partner
Steve Gill, Josh hawkshul or others.

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You know, we provided antidotes to
duopolies. When it was vodka, it

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was absolute and stolic Chnaia, and
we introduced Belvedere. When it was ice

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cream it was Ben and Jerry's and
Hagenda's. We introduced to Lenti. And

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it is the analogy of politics.
We have Democrats and Republicans. And the

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truth is it's great to be an
independent in America until you run for office,

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because the system is designed to prevent
the success of independence, free thinkers,

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people who might have some views on
the left, some on the right.

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In fact, it was George Washington
that warned us in his farewell address

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so long ago that he believed that
the great risks of this country would be

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in the development of factions, which
is exactly exactly what we're facing right now.

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So that is the system in which
I now operate that I wish to

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disrupt in the same way I did
to the other categories, and to the

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extent that you everybody listening, which
is to join me. Doesn't matter if

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you're a Democrat, a Republican,
a libertarian, independent. By the way,

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more independence in America than far more
in fact now than Democrats and Republicans.

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That's ultimately my mission, because the
truth is both parties are participating in

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the erosion of democracy right now.
On January sixth, I will say that

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it was an effort to prevent the
counting of ballots. I was there in

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the chamber that day. I felt
it. You all watched on TV.

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It was horrific. Democrats now in
the state of Florida, in the state

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of North Carolina have literally decided that
Joe Biden won the primary. There need

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not be a competition, and they
will submit his name and all the delegates

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to the convention in Chicago next year
without even an election. Democrats have no

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chance to vote. The state of
New Hampshire, where I am right now,

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you guys, it's even more appalling. The Democratic National Committee decided to

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take one hundred and three year old
extraordinary practice of democracy transfer. It to

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South Carolina, and that means that
any candidate on the ballot here, including

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me, is not going to get
any delegates, no matter how well we

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do. In fact, it's so
atrocious that the Democratic National Committee sent a

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letter to the New Hampshire Democrats last
week saying that this is a meaningless effort,

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it is not an election and they
should stand down, which got a

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response from this State of New Hampshire. Listen to this. The State of

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New Hampshire sent a cease and assist
to the Democratic National Committee just days ago

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for the quote unlawful suppression of voters. Now, I don't think most people

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listening probably even are aware of this, but these are the truths, and

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I'm on a Yeah. It's insane
and it's wrong. It is just as

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significant of an erosion of democracy as
the effort to now one was violent in

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a mob and a riot, of
course, and it was horrifying, But

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the behind the scenes effort to essentially
disenfranchise Americans is just as dangerous. And

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I'm going to make that case to
you guys. I'm a proud Democrat.

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I'm trying to, at least in
a last ditch effort to restore the principles

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of democracy through the Democratic Party.
That's why I'm running. And the coronation

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of a candidate, in this case
Joe Biden, who is unelectable. Every

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single poll is approval numbers, intuition. We all know why the coronation of

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a candidate is exactly the opposite,
is antithetical to what this country was founded

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on. So what I'm seeing you
guys, is actually joyful. I've been

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campaigning around the country and it is
the most beautiful, patriotic, inspiring and

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reinvigoring and reinvigorating experience you could possibly
imagine. If you, guys, your

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families want to come along for a
couple of days, I'm telling you,

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anybody listening, come along. If
you want to restore your faith in this

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country, join me and talking to
Trump supporters to far left liberals to libertarians.

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It is a beautiful, remarkable experience
and entertainment which I considered the evening

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cable opinioned news talkers would have us
believe that we're so much more divided than

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we really are. And I'm pretty
appalled when I hear people say shame on

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you for even appearing right now with
those three guys on Twitter or on Ax,

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I'm sorry forgive me, Elon,
don't hold me accountable for that.

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Sorry, I'm sure I bet you
do it once and more. Whatever you

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understand, It's just I was trying. I was trying to brood in the

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platform beyond the original premise of short
text messages like that. So that's my

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whole case is this, guys.
I love conversation. I can never do

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my long test exactly, So that's
all. You know, Guys, what

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I love about this is we need
debate. We need deliberation. You know,

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in business, I was taught,
I was taught. I was that

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if two people always agree, you
only need one of them. We need

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to celebrate difference. I just want
to close with this, Jason. You

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know, we going back to what
you start and what Elon said as well.

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You know, two things can be
true at once. We should be

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a meritocracy, but we should also
ensure that everybody can participate in that meritocracy.

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And I think we can all agree
on that, and that's to me,

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the grand solution for our country is
to do just that. There has

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been injustice, we can correct it, and we can correct it for everybody

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so that everybody participates. What a
beautiful outcome. I got to tell you,

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guys, Joe Biden and Donald Trump
are not going to be the guys

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that can even dream about that,
let alone execute it. They aren't prepared

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for AI. They don't understand what
is forthcoming, what we can do,

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and how we can do it.
And that's why I'm running. And I

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got to tell you it's the most
extraordinary and fun experience of my life.

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And I hope people can come out
and join me because it is, uh,

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it's reinvigorating. So Bill Ackman,
I'm curious you're a position on just

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what's happening in the Democratic Party.
Obviously, I think you've been a donor

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and obviously you get courted by them. What is your best thinking handicapping of

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what the Democratic Party is doing by
not having debates and putting up a candidate

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that is so unpopular and that is
you know, I think you've said this,

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you know has no chance of winning. And then what do you think

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of this Democratic Party machine blocking the
debates and blocking the balance. I think

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it's an embarrassment to our country and
I and I'm ashamed. And you know,

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I know some very high quality people
that have good relationships with tender Reschumer,

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who I've enormous respect for as a
good man, and I can't imagine

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his being sort of part of it. I think the original premise was,

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well, quote unquote, the only
person who can be Donald Trump is President

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Biden. So we got to stick
by President Biden. And I think that

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was the original logic behind putting up
Biden the candidate, because they didn't see

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anyone a logical person they felt that
could be competitive with Trump. Now that

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as Biden falls further and further behind
the polls, as his health and cognitive

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health, you know, sort of
obviously deteriorates, I think there's got to

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be great concern. But all of
that being said, I think it's a

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bit like we go back to the
Emperor's new clothes, you know, well

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the childhood book. No one wants
to say the Emperor has no clothes.

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And I give Dean a lot of
credit for saying that, because again,

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if you step out of line.
Unfortunately most people in Washington, being a

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politician is a career, it's a
source of income, it's their business,

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and they can't risk not getting re
elected. Right, So if you challenge

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the king, your toast and there
goes your career, right, It always

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comes to back to incentives. In
my view, drive all human, babe.

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You look at the incentives of the
people. Most of the people large

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in the Congress. I mean,
Dean has the benefit of he's a super

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talented entrepreneur. He can go right
back to that anytime he wants. He's

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made some money, so he's say
if he doesn't need the job, and

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therefore he's unfortunately one of the few
people, or always say fortunately he's one

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of the few people who can step
into this race. But I think everyone

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else is. You know, if
the machines against them, there's no chance

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of reelection. You know, in
the Congress, you've got to get reelection.

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Every coompany bills, right, you
guys. I got to say,

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you know one thing, another truth
is that Congress is populated almost exclusively with

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people that have been brought up in
the political world. All they know is

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a spirit of competition winning the next
election. And that's why incumbency is part

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of the It's almost biblical in politics. The incumbent is always recordinated. Forget

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the data, forget the national mood, forget winning. It is just baked

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in. So the absence of entrepreneurial
spirit, and looking at this from a

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different perspective is staggering. And then
to Bill's other point, you know,

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I have been successful, and that
means nobody can buy me, nobody can

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influence me. I will always make
the right decision, but I won't make

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that decision until I hear from all
perspectives on any issue. And as the

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only member of Congress, you guys, five hundred and thirty five people,

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I'm the only one that takes no
pack money of any kind that means corporate

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or union or anything else, no
special interest money. I don't take any

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lobbyist money. I don't take or
give money to fellow members of Congress because

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that's basically just money laundering. And
I don't have a leadership pack, which

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is basically just a politician's slush fund, the only one out of five hundred

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and thirty five people. And people
wonder why policies tend to favor only the

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wealthy and well connected. Well,
you got the farm industry that brings three

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hundred million dollars a year to Washington
in the form of lobbying and in the

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form of campaign contributions, literally enriching
the campaigns of the very people who are

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on the committees of jurisdiction for their
industries. All it is is legalized corruption,

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you guys. So I understand why
people who support Donald Trump are angry

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and they're fed up and they're nauseated, because you know what, I've been

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on the inside now for five years
and I am too. So I appreciate

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those words from Bill and he's spot
up. I want to bring up a

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topic that's, you know, being
discussed on x every day, videos being

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shared, and it feels like it's
a top it might be the top topic

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of this election, which is the
border. Kelan, you have to you're

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an immigrant who came to this country
again with nothing. I think you seem

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to have done okay for yourself so
far. Keep working, I mean so

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false, so good. You know, yes, okay at one day and

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you can make it too one day. It's America. I would say most

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most of the eland's games are paper
games. That's question. Yeah, but

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what do you think as an entrepreneur
ended immigrant elon a reasonable immigration strategy because

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we have two groups that you know, on one side there seems to be

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absolutely no border control. On the
other side, Hey shut down the border.

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What would be a reasonable approach that
you ask somebody who's an immigrant and

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who needs to get talented immigrants to
work at space X, to work at

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your companies, what would you do
if they said hate Elan? You decide,

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well, pray first last that I
should send a very pro immigrant,

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obviously being one myself. And you
can just look at the you know,

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old aces that have come to America
and built incredible things to say like,

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wow, it would be foolish if
that if we had prevented them from coming,

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or if they chose not to come
because they've added so much value to

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the team. I mean, you
can think of I think the right way

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to think about countries like a pro
sports team. It's like, okay,

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you want to get the ace players
on your team, or and you suddenly

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don't want to force them to fight
against you on the other team. That's

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crazy. And if you add,
if you you add some ace players to

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the team, that's going to help
you win the championship and it helps the

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whole team. So I'm very much
a favor of a greatly expanded UH legal

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immigration system because right now it is
trying to get us a green card or

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citizenship. Is UH a byzantine,
kafka esque laborious uh and just flat out

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wrong. It doesn't make it's it's
an insane obstacle course to become a parent

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resident and then a citizen, and
and and and it's to a very small

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number of people. So when you
really need to first of all fix that,

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and then secondly, we cannot have
not really an open border, but

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a border where the federal company is
facilitating the transfer of vast numbers of people

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into the country. And even when
say Texas tries to take action to enforce

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the law, the federal government is
trying to stop them from doing so there's

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like literally a federal laws lawsuit to
stop Texas from actually enforcing the legal immigration

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laws. And it's important to bear
in mind that the United States is only

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four to five percent of the world
population, so it's very easy for the

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varied states to get swamped by illegal
immigration, just absolutely swamped. And you

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know, if if you're somewhere else
and you say, like, okay,

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well they're going to give free money, housing, and medical care to illegal

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immigrants, and you know, and
that exceeds the standard of living in half

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the world, why doesn't half the
world just move here. That's certainly that

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you know, as as Bill said
a moment ago, instead of dry behavior.

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Obviously, it'd be strange if they
didn't. And so and what we're

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seeing as that word is getting out
so that it's getting it's going viral.

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Basically, legal immigration through the southern
border is going viral. This is not

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a Mexico thing. Almost none of
the people coming across are Mexican. Yeah,

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and you saw it first, says
And just so people know this is

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being positioned Bill as some sort of
a partisan issue. There was just a

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pull that came out this month.
Seventy five percent of the country, seventy

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five percent of Americans view what's happening
at the border as a crisis or very

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serious. So I guess Bill,
I'll hand it to you. You heard

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you all sort of Yeah. I
just want to like that people do not

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just look at the graphs of the
rate of growth of illegal immigration. It

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is going exponential. Is it is
going like it's going you know, to

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use a rocket ship analogy, it
is a rocketship of growth of legal immigration

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because because of social media, everyone
on Earth knows this and they all know

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and it is now an industry from
speaks for getting as Oni Lemit are all

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absolutely so it's it's exactly the amount
of press on it has now given it

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a tipping point back when I'm curious, Bill, what your thoughts are on

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this and what's reasonable? I mean, you have countries Australian, zeal And,

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Canada, the Nordics say, well, are based on a points system,

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right, and they have specific number
targets which we don't have in this

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country. And then Dan will go
to you because I know you have a

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reasonable position on this, so Bell
and Nindian. So I totally agree with

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Elon and this. And my wife's
company recruits, you know, scientists all

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over the world and she generally gets
them because they need a very very high

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standard for you know, their their
backgrounds. But it's still a huge process.

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But the notion that you know,
like one of my colleagues at work,

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uh, it was married to a
woman from South America. You know,

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she's you know, got two degrees, super capable, smart, you

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know, makes a lot of money, and she still hasn't gotten her green

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card, okay, and she's married, legitimate everything else. It's a huge

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pain in the ass. And I
think that speaks to it but I'd love

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to take my time and turn over
Dean. Actually, you know, this

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is one of many I thought very
thoughtful perspectives he had on a kind of

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a critical issue, and I just
agree. I think a very high percentage

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of the country is we need a
solution. But Demons Jill, lay out

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what you're I appreciate it. I
well, let's start with the basics.

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You know, unless you are a
descendant of enslaved people or indigenous Americans,

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all of us have an immigrant background. My fore mothers and forefathers escaped programs

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in Eastern Europe in the late nineteenth
century. All of each of the four

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of us have stories of immigration.
It's the most beautiful part of America.

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It's what made us the most remarkable
country on Earth. I think we can

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all agree on that our system is
not just broken, it is so dysfunctional

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and so poorly managed. Even with
the laws we have in place and back

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to management, we've not had a
legitimate executive as president in a long long

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time. The amount of time it
takes Bill I spoke to your associate who's

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facing that problem. You won't believe
this, but every single member of Congress

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will tell you the same thing.
We are the de facto customer service departments

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for every federal agency because they are
not managed by managers, they're managed by

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politicians. They do not understand customer
service. They have no reward system for

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customer service. It takes people months, sometimes years to get an IRS check

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back to get their green card process. So even the law that's in place

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right now, if the laws in
place right now, they're not even being

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well executed, which is the job
of the executive. So my proposition is

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this, we should lower the barriers
to entry to legal immigration. We should

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be welcoming, inviting, attracting,
hospitable to people. Yeah, with ideas

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and capital and want to be part
of this extraordinary experience here and just like

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you that reference to a ball team
or something, elon, Yeah, we

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should attract the stars, but we
also need the support team, the people

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taking care of the field and preparing
food and helping coach, and the bat

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boys and the bat girls and the
whole that's the whole duty of America,

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right, So we all agree on
that. So here's my proposition. Yeah,

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no, actually should class It's not
just like attract the elitest. I

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mean, I think that's the reason
that if I think anyone who is like

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honest, hard working, I mean
i'd be fair of like if like if

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they're going to have if they have
high integrity, are going to work hard

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and contribute to to to the economy
and producers and services like that's that's that's

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going to be a plus. But
that we're losing a lot of that talent,

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like yeah, well there's to Canada
too, and people are getting educated

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here, then we actually lose that
talent. And and I and if I

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could, if I could just continue
with my proposition, because I think we

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should lower the barriers to legal immigration
and literally raise the barriers to illegal immigration.

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It's not rocket science. And I'm
a Democrat who's telling you the truth.

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I've been to the southern border twice. I have seen the atrocity.

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It is inexcusable. How much of
this dene is because Trump said we have

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to build the wall. And there
Democrats are saying, I just don't want

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to give Trump a win, and
just that you know what, he got

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something right, We have to close
the southern border. Is that what happens

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in meetings amongst Democrats is that they're
just scared of you know this optics of

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giving Trump a win on bit or
you know, or is it something else.

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It's very confounding the American the seventy
five percent, or looking at this

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saying fix it. It's a crisis. It's a big problem. Yeah,

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why you guys, just I'll tell
you, jakel what The first meeting I

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was invited by Donald Trump to the
White House was in twenty nineteen, and

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it was about the border wall.
And it was an experience right out of

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Saturday Night Live. We had about
an hour together about eight of US,

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four Democrats, four Republicans, and
I listened to him make his proposition because

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if you remember, he he shut
down the government because he didn't get the

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funding for his border wall. And
during this discussion in the White House situation

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room, he remarked and was he
was flabbergasted that Congress wouldn't go along with

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just building a few hundred miles of
border wall. And I actually, I

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00:25:15,400 --> 00:25:18,319
actually interrupted and I said, mister
President, a few hundred miles this is

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00:25:18,440 --> 00:25:22,359
proposed as a you know, from
the Pacific to the Atlantic, you know,

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00:25:23,200 --> 00:25:27,119
see the Signing Sea, kind of
medieval wall. And he says,

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no, it's just a few hundred
and I could tell. His team immediately

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interrupted him because they didn't want the
truth to be known because it had been

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a political proposition. We're going to
build a wall now, and that's how

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things work, you guys, And
that's there. But there you go.

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Well it's a red herring exactly.
And you guys, and this is this

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00:25:47,559 --> 00:25:51,039
is the binary nature of this day
and age, particularly in Washington. It's

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00:25:51,079 --> 00:25:55,039
such a joke. You're either for
or against. It's either good or bad.

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In this case, his proposition was
a tiny portion. Yes, we

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need some barriers, of course we
do to prevent entry. But what he

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didn't talk about is the fact that
our ports of entry are so archaic,

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the infrastructure so poorly designed for basically
the mid twentieth century, not for human

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beings and for commerce. When I
was down there, I saw human beings

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in cages. I saw a line
of a mile long of semi trailer trucks

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waiting and baking in the heat because
it's so slow and arduous to get across

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the border. And probably a half
mile long line of people who come across

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that border every day to work,
to shop, to go to school.

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And this is the United States of
America. In the twenty first century.

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It is appalling. So yes,
we can at border security. We will

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have border security, by the way, not just at the southern border,

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but at the northern border. We
are not long away, my friends,

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months or maybe years from huge migration
waves due to famine, due to war,

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due to lack of clean water,
and we should be prepared. It's

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not inhumane. What we're doing now
is the most inhumane. So here's my

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00:26:59,160 --> 00:27:06,000
proposition. It's the asylum policy that
it is the source of this whole problem,

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00:27:06,039 --> 00:27:10,279
and it is so fixable. Elan
you know this. We listen to

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what the United States is doing right
now. We are forcing these people who

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wish to become Americans, first to
save about ten thousand dollars per person,

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and then to make this arduous journey
across the ultimate through the Rio Grand where

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people literally drown. They pay the
Mexican cartels ten thousand dollars to be escorted

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across, enriching them by the way, which is just nonsensical. They're processed

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by border patrol agents then literally dumped
in the streets of El Paso with not

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a penny in their pocket, don't
speak the language and cannot work. And

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now become the responsibility of cities that
have no money. The federal government,

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00:27:47,000 --> 00:27:49,119
including the Biden administration, not giving
any support to help them. So here's

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what we do. It's so simple. Change the law so that asylum cases

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are actually filed in the country of
origin. So let's say you're coming from

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El Salvador in the Northern Triangle countries, you would file your case at an

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consulate or an embassy. I believe
we should build dormitories nearby, very inexpensive

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to keep people safe while their applications
are being processed. If they're at under

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risk. When we adjudicate it locally, first, we have people there that

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00:28:15,960 --> 00:28:19,359
actually will know if it's a legitimate
case. If they're approved, we escort

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them to the United States. And
best of all, they have ten thousand

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00:28:23,359 --> 00:28:27,279
dollars per person to start their lives
here, to become owners of this economy.

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00:28:27,279 --> 00:28:30,079
They can open a restaurant, they
can put a down payment on a

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00:28:30,119 --> 00:28:34,599
place to live, and we don't
have to use our existing social services to

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00:28:34,599 --> 00:28:38,440
get them started. They want to
work, and that's the easiest way to

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00:28:38,440 --> 00:28:42,599
fix this, And in the meantime, we're doing it completely the opposite,

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and that would stem the wave,
and that would stem the wave, and

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00:28:45,920 --> 00:28:48,960
we could as solve vote. But
I'll tell you why it doesn't happen.

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00:28:48,000 --> 00:28:53,359
They'll wrap up with this. There's
no political courage because every single person in

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00:28:53,519 --> 00:28:57,759
Washington wants to get re elected in
their next election, and they know that

392
00:28:57,880 --> 00:29:03,440
doing the right thing will undermine their
chances because of this country that has so

393
00:29:03,119 --> 00:29:08,920
separated and become so binary. And
that's the answer. And it's almost as

394
00:29:08,960 --> 00:29:14,799
if we're steering based on what's in
the review mirror. You look at the

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00:29:15,279 --> 00:29:19,960
reason people are upset about immigration is
that we had all of these jobs leaving

396
00:29:21,319 --> 00:29:26,039
touring free trade, and now we
are at the lowest unemployment of all of

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00:29:26,079 --> 00:29:29,000
our collective lifetimes, the four of
us at least. I don't know how

398
00:29:29,079 --> 00:29:32,720
old people in the audience are.
We've still got almost two jobs for each

399
00:29:32,799 --> 00:29:36,640
unemployed American that the unemployment rate is
under four or five percent. Right now,

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00:29:37,279 --> 00:29:40,559
I want to talk about the hardest
topic for a politician to talk about,

401
00:29:40,559 --> 00:29:45,640
which is spending the national debt.
Now we've added about twelve trillion dollars

402
00:29:45,640 --> 00:29:48,279
between the last two presidents. I
think it was eight. Bill Lackman,

403
00:29:48,440 --> 00:29:52,079
maybe I could have you just sort
of teat this up for us here,

404
00:29:52,079 --> 00:29:56,799
and how concerned you are about our
national debt? If you are eight billion?

405
00:29:56,839 --> 00:30:00,079
I think under Trump obviously COVID you
know, it was a bit of

406
00:30:00,119 --> 00:30:03,039
a wildcard there, and then Biden's
gone buck wild as well. I think

407
00:30:03,079 --> 00:30:06,839
you put four or five maybe he's
that five or six trillion on top of

408
00:30:06,880 --> 00:30:11,079
that. How big of an issue
is the national debt? And what's the

409
00:30:12,319 --> 00:30:17,000
you know, if Bill Ackman was
president, if you gave the plan to

410
00:30:17,119 --> 00:30:18,680
Dean or where the advisory committee to
say, how do we get to sing

411
00:30:18,759 --> 00:30:22,519
under control? What would be your
plan to kind of land this plan safely?

412
00:30:23,559 --> 00:30:26,720
And here I think I'm going to
for a Dean, I'll give you

413
00:30:26,720 --> 00:30:27,880
a kind of quick view on it. I think the biggest problem that we

414
00:30:27,960 --> 00:30:33,400
have now is that we have a
Congress that sort of figures out want to

415
00:30:33,440 --> 00:30:37,519
cost them nothing politically or otherwise to
support a bill to give money to someone,

416
00:30:38,000 --> 00:30:41,359
and in fact, if anything,
it helps them get reelected. And

417
00:30:41,400 --> 00:30:47,559
so the people politicians are spending the
country's collective future. And that's what when

418
00:30:47,559 --> 00:30:49,039
you're borrowing money that gets paid back
in the future, you're borrowing from the

419
00:30:49,079 --> 00:30:52,799
next generation, giving it to distant
generation, and we don't have kind of

420
00:30:53,079 --> 00:30:59,119
a culture of fiscal discipline in Washington, and unfortunately, you know, it's

421
00:31:00,039 --> 00:31:02,640
we've lost people. You know,
the numbers are so large, people just

422
00:31:03,160 --> 00:31:07,240
sort of ignore them. In terms
of thirty four trillion of debt, you

423
00:31:07,279 --> 00:31:08,160
know, I think the way to
look at this is, you know,

424
00:31:08,559 --> 00:31:11,160
it's a bit like you can't look
at debt on as stendable one basis,

425
00:31:11,200 --> 00:31:14,519
you have to compare it to the
quote unquote value of the country. And

426
00:31:14,559 --> 00:31:18,039
the value of the country is very
very high. Right. The government owns,

427
00:31:18,319 --> 00:31:23,200
you know, the right to tax
its citizens and tax its corporation,

428
00:31:23,319 --> 00:31:27,599
so it basically owns you know,
call it thirty five percent of SpaceX.

429
00:31:29,000 --> 00:31:32,400
It owns thirty five percent of you
know, federal government. Ever, every

430
00:31:32,519 --> 00:31:36,519
person's sort of income, and they
have the right to adjust that dial.

431
00:31:36,720 --> 00:31:40,079
Right, So that's a very valuable
asset. And plus we have enormous real

432
00:31:40,200 --> 00:31:42,759
estate assets and other assets globally,
et cetera. So it's an enormously valuable

433
00:31:42,799 --> 00:31:47,720
country. But the trend is very
very negative, and we've been you know,

434
00:31:47,720 --> 00:31:48,519
it's a bit like you've been,
you know, living in a world

435
00:31:48,519 --> 00:31:52,960
where your cost of money was very
close to zero. You accumulate a ton

436
00:31:52,000 --> 00:31:56,319
of debt in that world, and
now the world gets repriced at a much

437
00:31:56,400 --> 00:31:59,759
higher interest rate, and all of
a sudden, we're spending on interest pretty

438
00:31:59,759 --> 00:32:02,319
soon, and we're spending on national
defense, and that's a grave threat to

439
00:32:02,359 --> 00:32:07,640
the country. And there is a
moment at which the bond market, you

440
00:32:07,640 --> 00:32:08,880
know, you know, we get
into a bit of a death sparl.

441
00:32:08,960 --> 00:32:14,640
So I think this very f prospect. I asked Ian precisely this question at

442
00:32:14,960 --> 00:32:17,359
on Friday, and i'd look for
the group to hear his answer. Yeah,

443
00:32:17,400 --> 00:32:20,519
thank you, Bill, and everything
he just said is spot on.

444
00:32:20,599 --> 00:32:23,119
We have thirty three trillion dollars in
debt just a couple of years ago,

445
00:32:23,200 --> 00:32:28,400
mid twenty one. I think the
interest on that debt was about one and

446
00:32:28,400 --> 00:32:30,480
a half percent roughly. Now it's
a little over three. So about one

447
00:32:30,519 --> 00:32:36,240
hundred and fifty basis point change in
just a couple of years. That's going

448
00:32:36,279 --> 00:32:37,720
to turn out to be about if
it stays, and by the way,

449
00:32:37,720 --> 00:32:42,079
it might even go up, it's
going to be about a four hundred billion

450
00:32:42,200 --> 00:32:47,119
dollar incremental change to our debt service
responsibility. And as Bill just said,

451
00:32:47,200 --> 00:32:52,920
we will not just be approaching our
defense budget. We are then officially spending

452
00:32:52,960 --> 00:32:57,039
more on the past than we are
investing in the future. There is no

453
00:32:57,119 --> 00:33:01,359
money left to spend at a discretionary
level in the United States. And while

454
00:33:01,400 --> 00:33:06,079
our country first of all, I
am pro growth, and I ultimately want

455
00:33:06,119 --> 00:33:09,319
to develop policies to grow our way
out of this mess, it's not going

456
00:33:09,359 --> 00:33:14,400
to be easy. We have to
be become more efficient as well, and

457
00:33:14,480 --> 00:33:16,480
if we do so, we can
actually make it happen. But in the

458
00:33:16,519 --> 00:33:20,319
meantime, what no one talks about. We can accommodate a little bit more

459
00:33:20,319 --> 00:33:22,359
debt. I think so, but
nobody is talking about that. Debt service

460
00:33:22,680 --> 00:33:25,960
to go from four hundred billion a
year to about eight hundred billion a year

461
00:33:27,599 --> 00:33:32,400
is a huge change and a troublesome
burden for all of us. And when

462
00:33:32,400 --> 00:33:35,799
I become president, I have a
few propositions. First, I'm going to

463
00:33:35,799 --> 00:33:38,920
have a bipartisan cabinet, not comprised
of politicians, but of the best and

464
00:33:39,000 --> 00:33:44,279
brightest operators and managers in America.
I don't care about politics. I care

465
00:33:44,279 --> 00:33:47,799
about principles, experience, and capacity
to lead. I'm going to have a

466
00:33:47,799 --> 00:33:52,119
youth cabinet as well. That's another
story. I will employ zero based budgeting

467
00:33:52,240 --> 00:33:58,400
because I've never encountered an organization,
institution for profit or non that budgets in

468
00:33:58,440 --> 00:34:00,480
the manner that we do by people
who can't even read a P and L

469
00:34:00,599 --> 00:34:05,799
or a balance sheet. We have
a Pentagon budget that is approaching a trillion

470
00:34:05,839 --> 00:34:09,039
dollars and they cannot passing on it. So I will engage one of the

471
00:34:09,079 --> 00:34:15,119
big international consulting firms to conduct a
top down assessment of every federal agency,

472
00:34:15,280 --> 00:34:22,000
every program, every expenditure, and
make an independent proposition to me and to

473
00:34:22,039 --> 00:34:27,199
the Congress about how we can improve
efficiency and delivery of service. If we

474
00:34:27,239 --> 00:34:30,400
are not generating ROI on our core
mission, we should eliminate it. And

475
00:34:30,480 --> 00:34:35,639
if there's a private enterprise that can
do so better, we will outsource it.

476
00:34:36,039 --> 00:34:38,360
We have got to operate more efficiently, and then you all know,

477
00:34:39,159 --> 00:34:45,079
you guys are successful men in America. We can only match reductions and expenditures

478
00:34:45,519 --> 00:34:50,679
with increases in revenue if we hope
to get our way out of this mess.

479
00:34:50,719 --> 00:34:53,480
In addition to pro growth policies.
But I don't blame people right now

480
00:34:53,519 --> 00:34:58,000
for not wanting to share more because
they don't believe in their government, They

481
00:34:58,000 --> 00:35:01,280
don't have faith in our executive leadership
and we have to do better. But

482
00:35:01,440 --> 00:35:06,719
as you know, gentlemen, I
propose a massive change to our healthcare system.

483
00:35:07,079 --> 00:35:09,079
Not the provision of care that has
to be private. But we're spending

484
00:35:09,119 --> 00:35:14,000
twice as much than any nation in
the world per capita. Our outcomes are

485
00:35:14,039 --> 00:35:16,679
mid pack. We're the only nation
in the world that has pharmaceutical pricing like

486
00:35:16,719 --> 00:35:22,719
we have. We could reduce healthcare
expenditures in our country and generate better outcomes

487
00:35:23,000 --> 00:35:29,119
by also reducing the consumption of our
GDP from about eighteen percent to about ten

488
00:35:29,159 --> 00:35:32,440
percent. These are ways we can
actually save money and generate better outcomes.

489
00:35:32,519 --> 00:35:39,559
And yeah, I think the zero
based budgeting technique something which is public now.

490
00:35:39,559 --> 00:35:44,480
I think Elon you did Elon when
you took over Twitter, or maybe

491
00:35:44,480 --> 00:35:47,679
you could speak to the power of
zero based budgeting and maybe Elon explained to

492
00:35:47,719 --> 00:35:52,519
the audience what that is and why
it's important. Yeah, it's pretty simple.

493
00:35:52,800 --> 00:35:58,000
You really just start with nothing and
build up from there, as opposed

494
00:35:58,039 --> 00:36:04,159
to starting with what exists subtracting,
so you know, unless something is obviously

495
00:36:04,280 --> 00:36:08,599
useful and contributing to in the in
the the case of Twitter X, making

496
00:36:08,599 --> 00:36:14,039
the product better or running running the
Silver operations. Uh, then than that

497
00:36:14,079 --> 00:36:20,440
role shouldn't exist. And and then
obviously to create an intesta structure where the

498
00:36:20,519 --> 00:36:25,760
rate of innovation and improvement of the
product is what gives people ahead and and

499
00:36:25,840 --> 00:36:36,159
not have the the process for investment
be obtuse or backwards. So and and

500
00:36:36,239 --> 00:36:40,920
we're we've gotten more done in a
year with twenty percent of the personnel than

501
00:36:40,960 --> 00:36:46,559
Twitter had with hypercent personnel over five
years. So you can even see in

502
00:36:46,559 --> 00:36:52,119
the evolution of spaces. I mean, we unfortunately try to hold the spaces

503
00:36:52,159 --> 00:36:57,559
and it just broke when we you
know, just when we had the Rons

504
00:36:57,599 --> 00:37:00,960
of Sciences spaces and I was I'm
trying to have spaces be you know,

505
00:37:00,960 --> 00:37:05,440
as non pot as them as possible. And so I'm glad that Dean Phillips

506
00:37:05,480 --> 00:37:08,800
is doing this. Then you're doing
it. The point is not to promote

507
00:37:09,400 --> 00:37:14,400
one ideology over another, or one
political group or another, but to provide

508
00:37:14,400 --> 00:37:20,119
a forum where the public can listen
to candidates from a wide range of view

509
00:37:20,159 --> 00:37:28,280
points and make their decision regarding their
vote. And I'm just against anything that

510
00:37:28,760 --> 00:37:34,119
utterminds the democratic process and certainly getting
candidates especially popular, you know, o

511
00:37:34,159 --> 00:37:39,199
key candidates that are quite liable removed
from ballots is taking that decision away from

512
00:37:39,239 --> 00:37:47,960
the public, which is fundamentally anti
democratic. That's insane. So and you

513
00:37:47,960 --> 00:37:51,800
know, some political party shouldn't think
that they know better than the public.

514
00:37:52,760 --> 00:37:55,880
And I think I also took about
these, you know, the lawfare.

515
00:37:57,000 --> 00:38:02,159
We're using the judicial system to get
Canada to all ballots. Also good let

516
00:38:02,199 --> 00:38:07,079
the public make make their own decision, that's the whole. That is literally

517
00:38:07,079 --> 00:38:13,440
what democracy needs. So well,
yeah, it's pretty crazy. I will

518
00:38:13,440 --> 00:38:16,119
say I'm disappointed being a former journalist
has been a while now in twenty years,

519
00:38:16,119 --> 00:38:21,519
but that the press is not covering
Dean, the fact that you're being

520
00:38:21,599 --> 00:38:24,079
blocked from certain ballots. I did
a search on Google this this morning and

521
00:38:24,400 --> 00:38:29,920
trying to find good money covering the
issue. And you know, I was

522
00:38:30,000 --> 00:38:34,440
talking to the best Day. I'll
have him remain nameless right now, but

523
00:38:34,480 --> 00:38:38,239
he basically, you know, dispected
me, like, how can you block

524
00:38:39,119 --> 00:38:43,920
somebody from even being on the ballot. And I'm not talking about Trump and

525
00:38:43,960 --> 00:38:50,840
the in direction you know cases,
I'm talking specifically about you, a Democrat,

526
00:38:50,880 --> 00:38:52,559
being blocked from being on the ballot, and the press won't cover it,

527
00:38:52,599 --> 00:38:59,360
but they will cover them the Trump
you know, over and over again.

528
00:38:59,480 --> 00:39:02,079
Soas what's going on in your press
machine? Good Bill, Yeah,

529
00:39:02,119 --> 00:39:06,320
if I could just jump in because
I wanted to make a point on this

530
00:39:06,360 --> 00:39:07,559
sort of bigger question, which I
think is a really important one. So

531
00:39:07,920 --> 00:39:10,599
one of the on the downside case, here's what we have to worry about.

532
00:39:12,000 --> 00:39:15,440
The debt accumulations happened during one of
the strongest economies we've had in you

533
00:39:15,480 --> 00:39:20,559
know, generations, right, and
now you're set up with an enormous amount

534
00:39:20,559 --> 00:39:23,280
of debt, a huge deficit going
into what could potentially be a recession.

535
00:39:23,480 --> 00:39:28,440
Right. That's when now your revenues
are declining, your debt is compounding,

536
00:39:28,719 --> 00:39:30,480
and that's a really, really bad
outcome. That's why the next president,

537
00:39:30,559 --> 00:39:35,719
it's critically important that the next president
of the country is a talented, successful

538
00:39:35,880 --> 00:39:39,039
business leader because fundamentally, the United
States is a massive business. Now it

539
00:39:39,880 --> 00:39:45,039
suffers from We've seen this on a
much smaller scale in everything from railroads to

540
00:39:45,119 --> 00:39:50,840
restaurants to various other businesses. But
a poorly run business, as you know,

541
00:39:51,360 --> 00:39:55,440
tons of duplicative costs, an uninspired
team, doesn't use technology effectively,

542
00:39:55,559 --> 00:40:00,920
the incentives are misdesigned, and there's
really no, no culture of excellence,

543
00:40:01,440 --> 00:40:06,920
and fortunately that describes a lot of
our government. But I've also learned that

544
00:40:07,159 --> 00:40:10,159
just putting in one new person to
a dysfunctional company, you can do an

545
00:40:10,159 --> 00:40:15,280
incredible turnaround because that person attracts really
amazing talent if you find the right one,

546
00:40:15,440 --> 00:40:19,880
and then you know, you make
a tremendous progress. And the appeal

547
00:40:19,880 --> 00:40:23,519
to me of Dean is he's a
legitimately successful business person. He gets it.

548
00:40:23,559 --> 00:40:28,440
He's smart and is capable, and
he spent three terms, uh and

549
00:40:28,599 --> 00:40:31,480
being you know, been re elected
in the Congress, understands how the government

550
00:40:31,519 --> 00:40:36,760
works. You have a combination of
business talent and understanding. You know,

551
00:40:36,840 --> 00:40:42,920
cost control, designing incentives, you
know leadership, you know, charismatic leadership,

552
00:40:42,920 --> 00:40:45,960
which is necessary to achieve these goals. And also you know, how

553
00:40:45,960 --> 00:40:49,360
does the system work? How do
you break the quote unquote politics, how

554
00:40:49,400 --> 00:40:52,159
do you fix the culture? You
know, he has those elements and that's

555
00:40:52,159 --> 00:40:55,199
what's made him a very you know, pealing candidate. To me, I

556
00:40:55,719 --> 00:41:00,760
just want to make sure people understand
what Bill's talking about in a crystal clear

557
00:41:00,800 --> 00:41:05,280
fashion. There is a website for
the Saint Louis fed It's called Fred and

558
00:41:05,320 --> 00:41:07,679
you could just look up gross federal
debt as a percentage of gross domestic product,

559
00:41:08,079 --> 00:41:13,280
our debt to what we make.
For the majority of our lifetimes,

560
00:41:13,360 --> 00:41:17,280
it has been between a thirty and
sixty percent, in other words, our

561
00:41:17,320 --> 00:41:22,000
debt to what we produce every year. The last time it broke one hundred

562
00:41:22,039 --> 00:41:24,360
percent, and you know right now, I think we're at about one hundred

563
00:41:24,360 --> 00:41:29,639
and twenty or so was at the
end of World War Two. That was

564
00:41:29,679 --> 00:41:34,119
the spike. It took us in
that spike, gosh, from nineteen forty

565
00:41:34,159 --> 00:41:37,199
six when the war ended, forty
five, forty six, all the way

566
00:41:37,280 --> 00:41:40,440
to you know, the seventies,
in order to work off two and a

567
00:41:40,480 --> 00:41:45,320
half decades to work off that debt. We are now, to Bill's point,

568
00:41:45,519 --> 00:41:50,079
in a vibrant economy at one hundred
and twenty percent. This is and

569
00:41:50,760 --> 00:41:54,440
the most acute issue you can think
of. It's incredibly hard for politicians to

570
00:41:54,480 --> 00:42:00,280
take this on. And the reason
it's my number one, you know,

571
00:42:00,639 --> 00:42:04,199
I understand we have culture wars going
on right now. Trump is triggering people,

572
00:42:04,320 --> 00:42:07,679
Biden has got cognitive issues, the
border a bubble. Else if their

573
00:42:07,760 --> 00:42:13,400
balance sheet is broken, this holding
can come apart. And the idea that

574
00:42:13,440 --> 00:42:17,760
people can get stimmy checks or unemployment. This could be kindaclismic. Yes,

575
00:42:17,840 --> 00:42:22,840
absolutely. And by the way,
Steve Balmer has an organization called the USA

576
00:42:22,960 --> 00:42:27,280
Facts and encourage people to take a
look. They present the US federal budget

577
00:42:27,360 --> 00:42:30,880
in a way that anybody in business
can better understand. It's really great work.

578
00:42:30,920 --> 00:42:34,639
I'm not sure Joe Biden can read
a P and L a balance sheet.

579
00:42:35,519 --> 00:42:37,960
Donald Trump, you know, Donald
Trump, through his bankruptcies, clearly

580
00:42:38,719 --> 00:42:43,239
can't either. And I do think
it's time that we start recognizing that these

581
00:42:43,239 --> 00:42:47,199
are times where we should be reducing
debt because when we face another recession or

582
00:42:47,239 --> 00:42:54,000
crisis, it reduces the capacity to
respond to provide the stimulus necessary to get

583
00:42:54,079 --> 00:42:57,119
us out of it. I think
we're all in agreement on this. It's

584
00:42:57,239 --> 00:43:01,599
nonsensical. We cannot spend two trillion
dollars annually more than we generate in revenue.

585
00:43:02,039 --> 00:43:06,920
And as one of you guys said
earlier, you know, the incentives

586
00:43:06,920 --> 00:43:14,079
in Congress are so perverse. Nobody
is rewarded for reducing costs or generating more

587
00:43:14,079 --> 00:43:16,480
revenue. I've never had someone come
to my office and say, please spend

588
00:43:16,519 --> 00:43:21,119
less on my program or please raise
my taxes. So we can generate more

589
00:43:21,119 --> 00:43:22,480
revenue. I mean, come on, it doesn't happen for obvious reasons,

590
00:43:22,760 --> 00:43:27,119
and there's no courage. The obvious
question is I know to fix it.

591
00:43:27,159 --> 00:43:30,320
Okay, now you're president, tell
us give us the first one hundred days.

592
00:43:30,599 --> 00:43:32,400
You understand the system, that you
understand the broken incentives. So here

593
00:43:32,400 --> 00:43:36,599
we go. I'm glad for the
question. Executive leadership. The best,

594
00:43:36,760 --> 00:43:42,800
the most extraordinary bipartisan cabinet in American
history. We maybe we'll have a third

595
00:43:42,800 --> 00:43:45,880
of them on this spaces right now, by the way, guys, and

596
00:43:45,920 --> 00:43:51,400
then we go into zero based budgeting, a comprehensive assessment, attracting the best

597
00:43:51,440 --> 00:43:52,719
and brightest. By the way,
I can't do it alone. No individual

598
00:43:53,519 --> 00:43:58,719
can do this alone. Has to
attract extraordinary Americans. That's how we start.

599
00:43:58,719 --> 00:44:01,320
At the executive level. I'm the
second most bipartisan member of Congress,

600
00:44:01,320 --> 00:44:06,679
Bill you know this. That means
I work beautifully with people on both sides

601
00:44:06,719 --> 00:44:12,119
of the aisle. And I will
work with the Republican Party to better manage

602
00:44:12,159 --> 00:44:14,559
our government. It is a focus
of THEIRS. I will work with the

603
00:44:14,559 --> 00:44:19,679
Republican Party on national defense and security. I will work with my fellow Democrats

604
00:44:19,920 --> 00:44:23,000
on some of the issues of raising
the foundation, healthcare, housing, education,

605
00:44:23,679 --> 00:44:28,679
cost of food and fuel. We
can actually combine the core principles of

606
00:44:28,719 --> 00:44:32,599
both parties right now and do better. All of us have negotiated. You

607
00:44:32,639 --> 00:44:36,320
can't take everything off the table.
And by the way, you got to

608
00:44:36,360 --> 00:44:39,119
put people on the plane at the
takeoff if you want them there at the

609
00:44:39,159 --> 00:44:43,599
landing. And I have to tell
you this might surprise people listening, but

610
00:44:44,000 --> 00:44:50,480
I've received an extraordinary number of thoughtful, friendly texts and calls for my Republican

611
00:44:50,519 --> 00:44:55,559
colleagues in Congress saluting my effort in
running for president against an established incumbent against

612
00:44:55,559 --> 00:45:00,679
one's party. I cannot wait to
get to work. They can't wait to

613
00:45:00,679 --> 00:45:06,239
get to work. The system is
suffocating and stifling the very progress we need

614
00:45:06,320 --> 00:45:09,119
to make. And that's what happens
when you have people in Congress in the

615
00:45:09,119 --> 00:45:13,880
White House who have been there for
literally fifty years, guys. So that's

616
00:45:13,880 --> 00:45:15,440
how we start fixing it. Bill. But my call to action right now

617
00:45:15,480 --> 00:45:20,159
for everybody listening, in fact,
is to start considering. If you're a

618
00:45:20,159 --> 00:45:23,519
person who's been successful, you're looking
for your next endeavor. I mean it.

619
00:45:23,599 --> 00:45:29,360
The elections coming up in November inauguration
day is January twentieth of twenty twenty

620
00:45:29,360 --> 00:45:34,800
five. We are going to need
an extraordinary number of great executives, great

621
00:45:34,840 --> 00:45:40,440
managers, idators, innovators, and
to fundamentally change the operations of a government

622
00:45:40,760 --> 00:45:46,119
that is increasingly broken because of an
exodus of the very people of confidence who

623
00:45:46,119 --> 00:45:50,199
have left in the last number of
years. And Jason, I was going

624
00:45:50,239 --> 00:45:52,760
to answer your question really quickly about
being left off ballots and it's not being

625
00:45:52,760 --> 00:45:58,119
reported in the news. Look at
I'm staggered, you guys. One reason

626
00:45:58,119 --> 00:46:01,639
I'm thrilled to do this spaces with
you is to call attention to the truth

627
00:46:01,679 --> 00:46:06,440
that is not being reported. It
is dangerous, it is despicable. But

628
00:46:06,480 --> 00:46:13,000
you ask why, because the Democratic
and Republican parties are private institutions. They're

629
00:46:13,000 --> 00:46:16,320
not public. They don't work for
us, They're working against us. And

630
00:46:16,360 --> 00:46:21,239
I'm really sick of and I'm a
competitor. I want to create competition from

631
00:46:21,280 --> 00:46:23,199
both the inside and the outside.
I'm a proud Democrat, you guys,

632
00:46:23,239 --> 00:46:28,719
but I'm a disruptor and there is
a day coming where we need to ensure

633
00:46:28,800 --> 00:46:31,800
that there is competition for these two
parties because in the future it is only

634
00:46:31,880 --> 00:46:37,320
going to get worse when you have
the wrong people in the wrong positions working

635
00:46:37,519 --> 00:46:39,119
against us. And by the way, you want to learn more about me,

636
00:46:39,880 --> 00:46:45,800
go to my website. Oh,
Jason, he's got it down dot

637
00:46:45,800 --> 00:46:49,800
com. You got it were happier. I just want to say, it's

638
00:46:49,840 --> 00:46:54,280
great to have everybody come on and
have this important discussion. You know,

639
00:46:54,599 --> 00:47:00,800
this is I think the year that
the two party system really do get challenged.

640
00:47:00,840 --> 00:47:06,000
I think it's it's thanks to places
like x and Twitter where people can

641
00:47:06,039 --> 00:47:10,960
speak freely. It's thanks to podcasts
and alternative media channels. And the public

642
00:47:12,039 --> 00:47:14,760
is sick of these two parties and
the choices. You know, say what

643
00:47:14,840 --> 00:47:17,960
you will about. You may like
them be not RFK, you may like

644
00:47:19,039 --> 00:47:22,000
him not. But man, we
are starting to see a lot more choices,

645
00:47:22,599 --> 00:47:25,320
and if we don't like the choices
we have, we have to fight

646
00:47:27,000 --> 00:47:30,800
h to get more choices on the
ballot and data. I'm really excited that

647
00:47:30,880 --> 00:47:37,320
you left, you know, being
an entrepreneur and running businesses to go be

648
00:47:37,400 --> 00:47:39,199
of service. We know, Jason, I'm still hey, you know what,

649
00:47:39,239 --> 00:47:43,039
I'm an entrepreneur still. In fact, it's the most it's the most

650
00:47:43,079 --> 00:47:46,480
important entrepreneurial mission. Of my entire
life. And so to you, j

651
00:47:46,639 --> 00:47:50,199
Cal, to you, Bill,
to you, Elon, thank you,

652
00:47:50,320 --> 00:47:52,400
and I need your help, I
need your advocacy, and everybody listening,

653
00:47:52,400 --> 00:47:55,639
I love you all. Let's get
to it and let's shock this country in

654
00:47:55,679 --> 00:48:00,119
November with the most massive change for
the better we've ever ever dreamt about.

655
00:48:01,800 --> 00:48:05,079
Well, thank you, thank you
for coming on nex spaces, and I

656
00:48:05,079 --> 00:48:09,840
think people will be break glad to
hear from you directly and be surprised about

657
00:48:09,880 --> 00:48:14,199
some of the negative tactics that have
been used against you, which are obviously

658
00:48:14,199 --> 00:48:20,119
inappropriate and underminded democratic process. And
I mean to be honest, I actually

659
00:48:20,159 --> 00:48:22,880
had not heard of you. Well, I sort of make we heard your

660
00:48:22,920 --> 00:48:27,119
name, but I didn't know you
were appalling. So I literally at that

661
00:48:27,199 --> 00:48:31,639
in the last few days and just
I mean again, I'm seeing such obvious

662
00:48:31,679 --> 00:48:37,840
facts that there it's a miarrocable that
one should even have to state them.

663
00:48:37,920 --> 00:48:40,920
But the public should have the right
to pick the candidates that the public once.

664
00:48:40,960 --> 00:48:45,679
That's the whole essence of democracy,
and you know, we should be

665
00:48:45,800 --> 00:48:50,000
against anything that underlines that, whether
it's a public and democrat or otherwise.

666
00:48:50,599 --> 00:48:54,039
You're here. I guess if I
can I'm not the campaign manager, but

667
00:48:54,079 --> 00:48:57,920
I guess my suggestion would be the
following. Uh, you know, Dean's

668
00:48:57,920 --> 00:49:00,519
put five million dollars of his own
money into his camp, Pa, I'm

669
00:49:00,519 --> 00:49:05,440
contributing a million towards his pack,
and I just you know, you're contributing

670
00:49:05,480 --> 00:49:07,760
ten dollars, one hundred dollars or
otherwise. You like what you heard,

671
00:49:07,000 --> 00:49:10,360
Money actually matters. It cost a
lot of money in litigation and otherwise for

672
00:49:10,400 --> 00:49:14,280
him to get on ballots, and
that's before kind of getting the word out.

673
00:49:14,679 --> 00:49:16,840
This is one of the most capable
people I've ever met. I believe.

674
00:49:17,440 --> 00:49:21,239
I'm incredibly excited that he's running from
president of the United States. I

675
00:49:21,280 --> 00:49:23,519
think the country is really fortunate.
It's taking a lot of personal risk and

676
00:49:23,559 --> 00:49:28,280
attacks and all the other things things
I get used to over time. But

677
00:49:29,079 --> 00:49:31,039
if you like what you hear,
find a way to help the guy Dean.

678
00:49:31,360 --> 00:49:35,000
How can people help other than money? Hey, thank you. Treasure

679
00:49:35,079 --> 00:49:38,320
is really important, but your time, your advocacy, and your invitation.

680
00:49:38,760 --> 00:49:43,119
I'm going to be crisscrossing the country. I've got lots of days on the

681
00:49:43,159 --> 00:49:45,280
calendar shown up in a lot of
states. If you send an email to

682
00:49:45,400 --> 00:49:50,239
me at Dean at Dean twenty four
dot com. Believe it or not,

683
00:49:50,360 --> 00:49:52,239
I actually see it, as does
my team. If you want to help

684
00:49:52,280 --> 00:49:55,239
us out, you want to host
a gathering to introduce me, you want

685
00:49:55,280 --> 00:49:59,760
to write postcards, you want to
do some door knocking, tell your friends,

686
00:49:59,800 --> 00:50:01,280
tell your family to vote in primaries. If I could just make one

687
00:50:01,280 --> 00:50:06,280
final call to action, guys,
the reason we've handed over the keys to

688
00:50:06,320 --> 00:50:09,840
the furthest Right and the furthest Left
is because the parties don't want you to

689
00:50:09,920 --> 00:50:15,280
vote in primary elections. They want
to coordinate a candidate and then force that

690
00:50:15,400 --> 00:50:19,320
choice upon you. So please register
to vote in your primaries, and then

691
00:50:19,440 --> 00:50:22,480
let me know if you want me
to come to your town and do a

692
00:50:22,559 --> 00:50:25,599
rally, do a fundraiser, do
a meet and greet, and help us

693
00:50:25,639 --> 00:50:29,599
out. You guys, it's all
up to us, the powers in everyone's

694
00:50:29,639 --> 00:50:32,079
hands. Still, let's keep it
that way. And exactly what Elon said.

695
00:50:32,400 --> 00:50:37,400
The minute they start taking names off
ballots, suppressing you, refusing to

696
00:50:37,440 --> 00:50:39,880
debate, we are in big trouble. But it's not too late. So

697
00:50:39,880 --> 00:50:43,360
thanks Bill, thanks for the shout
out, and to all you guys,

698
00:50:43,480 --> 00:50:45,280
I think the world of view.
And one more thing. If I may

699
00:50:45,519 --> 00:50:47,880
be rude to interrupt one second,
Dean, one of the other things.

700
00:50:49,239 --> 00:50:52,000
For people to support you, they
have to believe there's a credible path for

701
00:50:52,079 --> 00:50:53,159
you to be president. I think
you make a very well you made a

702
00:50:53,239 --> 00:50:57,079
very credible case which convinced me.
Once you go ahead and just chhare people

703
00:50:57,119 --> 00:50:59,719
shortly. Thanks Bill. So here
it is guys. You know I'm an

704
00:50:59,760 --> 00:51:01,599
under and I love it, and
that's why we're going to succeed. We're

705
00:51:01,639 --> 00:51:07,760
scrappy, we're efficient, We're using
twenty first century technologies to do better.

706
00:51:07,400 --> 00:51:12,039
It starts in New Hampshire. January
twenty third, just about eight days from

707
00:51:12,039 --> 00:51:15,440
now, is the first primary election
in the country. And if we surprise

708
00:51:15,559 --> 00:51:21,119
that night, it's game on.
And if any of you listening have friends

709
00:51:21,119 --> 00:51:23,639
here, have family, want to
spread the words somehow in New Hampshire to

710
00:51:23,639 --> 00:51:27,760
get people to come out and vote
in the primary for me, mark my

711
00:51:27,840 --> 00:51:30,039
words, that will be the igniter
for the whole campaign. Either way,

712
00:51:30,400 --> 00:51:34,800
I will be continuing, and my
mission is to get to this summer June

713
00:51:34,880 --> 00:51:37,880
July, before the convention in Chicago, to a point where the country knows

714
00:51:37,920 --> 00:51:40,760
me. I got a lot of
work to do to introduce myself. When

715
00:51:40,800 --> 00:51:46,239
they do, I almost I can
almost guarantee that the polls will continue to

716
00:51:46,280 --> 00:51:52,159
show Joe Biden losing to both Donald
Trump and probably any other competitor, and

717
00:51:52,239 --> 00:51:57,239
also will show me probably beating Donald
Trump and other competitors. And when that

718
00:51:57,360 --> 00:52:02,199
happens, Democrats will have a very
choice. Do we coordinate an unelectable candidate

719
00:52:02,440 --> 00:52:07,559
or do we get behind someone who
can't just win but can actually achieve reasonable,

720
00:52:07,599 --> 00:52:13,800
common sense solutions and actually get this
country to be excited and joyful and

721
00:52:13,840 --> 00:52:16,840
optimistic. Again. That's my mission. Bill and all of you listening would

722
00:52:16,920 --> 00:52:20,960
love to have you join the Dean
team because we can do it. We

723
00:52:21,119 --> 00:52:23,360
absolutely can do it, and I'm
not going to give up. And today's

724
00:52:23,400 --> 00:52:29,440
a great day. Thank you all
very much. Thanks so much Elon Bell

725
00:52:29,519 --> 00:52:34,679
for joining us, and Dean,
we thank you for running and your public

726
00:52:34,719 --> 00:52:38,239
service and commitment to helping solve America's
problems in a reasonable fashion. We wish

727
00:52:38,280 --> 00:52:40,679
you the best. Everybody. Go
to Dean twenty four dot com if you

728
00:52:40,719 --> 00:52:44,440
want to give a donation if you
have the means to do so. If

729
00:52:44,440 --> 00:52:47,400
not, yeah, just tell your
friends, maybe tweet about it, X

730
00:52:47,400 --> 00:52:51,800
about it, post about it on
X. I'm catching up. In fact,

731
00:52:51,840 --> 00:52:54,440
i'm catching up to Elon. I've
got forty thousand followers on X and

732
00:52:54,679 --> 00:52:58,360
you're only at one hundred and sixty
nine million Elon. So I'm catching up

733
00:52:58,360 --> 00:53:01,639
fast, catching up fast. Yeah, closing, closing fast. Thanks everybody.

734
00:53:02,920 --> 00:53:07,679
That's good, all right, Thank
you, Thanks for cheers. Like

735
00:53:07,760 --> 00:53:09,760
and subscribe if you haven't yet,
and I will see you in tomorrow's episode.

736
00:53:09,760 --> 00:53:10,719
Thank you so much for watching.
