#2474 - Dave Smith
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Guest: Dave Smith, political commentator and comedian.
“So, Dave, you were telling me right before the show that you are now retiring because you got an impromptu phone call and bet hundreds of millions of dollars on oil prices going down.”
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Monitor the emerging secondary market for 'tariff refund rights,' where firms buy future government duties at a discount in anticipation of legal reversals.
“The idea was that of course later struck down the tariffs the government would have to refund duties and Cantor or its clients would collect the full refund while the original importers only kept a small upfront payment.”
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Prepare for a high-frequency cycle of federal investigations and subpoenas targeting administration business deals and meme coins following the midterm elections.
“I mean, they're going to be, that'll just be the next two years of politics, will be investigations and subpoenas... targeting stuff like this and the meme coin stuff.”
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Evaluate AI integration in public administration as a long-term solution to systemic human greed and institutional corruption.
“I can't wait until it takes over government. It's going to be awesome. It's not going to be greedy.”