Elon Musk and Trump hold press conference on Musk's last day at DOGE

By Bloomberg Technology

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Key Concepts

  • Russiagate hoax
  • 2020 election rigging
  • Autopen usage for official documents
  • Tariffs on China
  • Ceasefire agreement in Gaza
  • Potential deal with Iran regarding nuclear weapons
  • Government spending cuts and inefficiencies
  • Doge project (government efficiency initiative)
  • Banal evil of bureaucracy
  • Swing states and election strategy
  • Pardoning Diddy
  • Tariffs and presidential power
  • Elon Musk's contributions (Starlink, tunnels, etc.)
  • Trump tax cuts
  • Debt extension/debt ceiling
  • International students and Harvard funding
  • Judicial overreach
  • Immigration and criminal deportations

New York Times and Russiagate

The speaker criticizes a New York Times report, accusing it of "blurring" something. He questions if it's the same New York Times that received a Pulitzer Prize for false reporting on the Russiagate hoax. He mentions a judge ruled against the New York Times for lies about the Russiagate hoax and they might have to return the Pulitzer Prize.

Biden's Cognitive Decline and Dr. Jill Biden

The speaker addresses the question of whether Dr. Jill Biden should testify about President Biden's cognitive decline. He expresses discomfort with the idea, calling it "the wife of a man who was going through a lot of problems." He suggests the debate made it clear that Biden was declining.

2020 Election and European Scandal

The speaker claims there was "a lot of dishonesty in the election" and that it was a "rigged election." He then pivots to a "European" scandal, implying someone was operating it. He contrasts this with his perception of Joe Biden, stating Biden was not in favor of open borders and letting criminals into the country.

Autopen Usage

The speaker discusses the use of an autopen. He explains that autopens are meant for signing letters, not major proclamations or anything related to borders. He claims he "almost never" used the autopen and would notice if something was signed without his approval. He contrasts this with the current president, who he claims signs "almost everything" with an autopen, calling it a "very dangerous thing" that implies the president isn't truly in control.

Tariffs on China and International Relations

The speaker acknowledges that China violated a "big part of the agreement we've made" regarding tariffs. He expresses hope to work it out with President Xi. He also mentions that Israel is "very close to an agreement on Gaza" and that there's a chance of making a deal with Iran to prevent nuclear war.

Advising the President

The speaker states he expects to continue providing advice to the president and will do anything the president wants him to do.

Government Spending Cuts (Doge Project)

The speaker discusses the effort to achieve $1,000,000,000,000 in spending cuts. He attributes the difficulty to the sheer volume of line items and the resistance from those receiving the money, even if inappropriately. He notes finding "millions of software licenses with zero people using them." Elon Musk jokes that colonizing Mars would be easier than making the government efficient. The speaker believes they are on track to achieve $20 billion in savings by the middle of next year.

Doge as a "Whipping Boy"

The speaker explains that the Doge project became a "whipping boy," blamed for any cuts, even those unrelated. He attributes many government inefficiencies to the "banal evil of bureaucracy" and the "largely uncaring nature of bureaucracy." He quotes Milton Friedman: "money is spent most poorly when it is someone else's money being spent on people you don't know." He describes a system of "complaint minimization" where managers avoid trouble by simply paying expenses, even if unjustified.

Election Strategy and "Woke" Issues

The speaker criticizes the opposing party's election strategy, suggesting they are wasting money trying to learn how to talk to Americans. He identifies issues like "men playing in women's sports" and "transgender for everybody" as unpopular. He also criticizes "open borders" allowing criminals into the country. He claims these are not "80/20 issues" but "97/3" or "99/1."

Potential Pardon for Diddy

The speaker addresses the possibility of pardoning Diddy, stating he hasn't been watching the situation closely. He mentions that Diddy used to like him but their relationship changed when he ran for politics. He states he would "certainly look at the facts" if he thought someone was mistreated, regardless of their personal feelings towards him.

Tariffs and Presidential Power

The speaker emphasizes the importance of tariffs and the need to maintain presidential power in that area. He argues that without the power to use tariffs, the US would be "economically destroyed" by other countries. He celebrates the lifting of a stay that would have taken away presidential power.

Elon Musk's Contributions

The speaker praises Elon Musk's contributions, including his rockets, communication technology, and tunnels. He highlights Starlink's role in saving lives in North Carolina during a crisis. He believes Musk doesn't get enough credit and describes him as a "very good person who loves the country."

Tax Cuts and Debt Extension

The speaker discusses a bill that extends the Trump tax cuts. He claims it's an "unbelievable bill" that cuts deficits. He would like to see even bigger tax cuts. He warns that if the bill isn't approved, there will be a "68% tax increase." He also addresses the need to extend the debt, stating that failure to do so would result in the US being in default. He mentions that Senator Elizabeth Warren has previously advocated for getting rid of the debt ceiling.

International Students and Harvard Funding

The speaker expresses a desire to have "great students" in the US, but not those "causing trouble." He criticizes Harvard for having a high percentage of foreign students (close to 31%) and for receiving over $5 billion in funding from the US government. He suggests the money should go to trade schools instead.

Judicial Overreach and Immigration

The speaker criticizes "immense judicial overreach" that is undermining faith in the legal system. He claims that millions of people, including criminals and murderers, have poured into the country due to the current administration's policies. He believes these countries are intentionally sending their criminals to the US. He expresses disbelief that Joe Biden would allow this to happen. He believes the "fundamental moral floor of the left is empathy for the criminals and not empathy for the victims."

Deportation and Tariffs

The speaker emphasizes the need to deport criminals quickly and criticizes judges who prevent this. He argues that without the ability to deport criminals rapidly, the US will be overwhelmed. He also mentions that tariffs may affect companies like Tesla, but believes Musk will end up building his whole car in America.

Ukraine Conflict

The speaker states that the Ukraine war "was not going to happen" if he were president. He expresses disappointment in the conflict and the number of people being killed. He mentions rockets being shot into cities during negotiations.

Conclusion/Synthesis

The speaker covers a wide range of topics, from domestic policy and economic issues to international relations and election strategy. He consistently criticizes the current administration's policies, particularly regarding immigration, energy, and spending. He defends his own record, highlighting the success of his tax cuts and his efforts to control inflation. He emphasizes the importance of strong borders, economic nationalism, and maintaining presidential power. He also praises individuals like Elon Musk for their contributions to the country. The speaker's remarks are often framed in the context of his potential return to power and his vision for the future of the United States.

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