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Free electricity for every American? Chamath explains how it’s possible. Chamath Palihapitiya: “I think the president should try to create a $300B-$500B tax equity fund and help eliminate the electricity costs of 50-100M American households.” “If you actually go to solar and storage, for every 15 million homes, you...

526,540 views • 5 months ago •via X (Twitter)

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David Friedberg Breaks Down Zohran Mamdani's Win in NYC: The College Debt Crisis Has Led Young People to Socialism "It's really a revolution against the system that brought them to this moment." "Because the promise that we gave in America, the American Dream, was if you go to college, you will graduate, you will have income, you will have stability, you'll be able to buy a home." "And what we did is we increased the government's role in making that dream possible, and in doing so, we created effectively a system where we gave unrestricted access to capital, which inflated the cost of education." " People could go to school like Zohran and major in African studies and graduate with $200-300K of debt and then never get a job. The guy has not had a real job. And this is the truth for 32 million young Americans." " They all have what is called negative capital. They have debt and they will never be able to get out of that cycle." "So where do you turn in that moment? You don't go turn to corporations to solve your problems. You don't go turn to your friends and your siblings and your family, they're not gonna bail you out." "You turn to the voting booth, and you hear a guy like Zohran show up and say, 'There can be a better path forward.' The better path forward is the government can and should do more to help." "And in doing more to help, we will increase government, we will tax the rich, we will tax the corporations. We will take all of that capital and we will redistribute it in the form of services and checks and support for all of the people that find themselves unable to take care of themselves." "And this becomes a tipping point when the majority of the voter base ends up in that situation where they're that deeply in need, where they have negative capital." "And that is the situation America finds itself in today."

The All-In Podcast

470,748 views • 1 year ago

Friedberg’s Datacenter Wake-Up Call: If We Don't Build Them Here, Other Countries Will david friedberg explains why a datacenter moratorium would be a disaster for the US: The data coming in and out of datacenters moves at roughly the speed of light, so you could put them anywhere. And I think that our policymakers need to be very cognizant of that fact. You have, and we do, connect to the internet using high speed cable, high speed fiber optic throughout the world, and so theoretically, if we don't embrace and allow the economic development of the datacenter industry, and it will fundamentally be an industry because it is almost like the new oil, if we don't put them here, someone else will put them on their shores. Someone else will put them in their country, someone else will put them in their jurisdiction, and a lot of the economic value that arises from the people that will build those facilities, the energy that will be installed to produce power for those facilities, and then all of the second and third order industries that emerge as a result of those installations, that value will accrue elsewhere. The demand is there. The economy's moving forward, AI's moving forward. Datacenters do not take up a lot of space. They're very small relative to the economic value that they produce. If you zoom out on the map of the world, all the datacenters in the world fit under the tip of a pin, and so this is a very small footprint. If we're going to give up hundreds of thousands of jobs and many billions of dollars of economic value creation, we're being pretty silly and pretty obtuse in our view of the world. Provided datacenters are producing their own electricity, that means that you're taking electricity consumption off the grid because they otherwise are not being used on the grid, and that will reduce the cost of electricity for other residential and industrial users. So it's silly to think that we need to put a moratorium on datacenters. As soon as you do that, the companies that use datacenters are not going to slow down. They're going to go put them somewhere else, and we're going to miss out.

The All-In Podcast

89,297 views • 3 months ago

VP VANCE PREDICTED: PEOPLE ARE GOING TO GET ANGRY, AND RIGHTFULLY SO "This stuff we can and we should prosecute, and I'm just telling you, this is going to be a real problem, and the people are going to get really pissed at Senate Republicans if we don't have the U.S. attorneys on the ground to actually achieve justice. People are going to get angry, and rightfully so." If you want justice, you've got to empower the President of the United States to actually appoint the officers of justice all over the country. The Democrats are stalling that, and we're going to wake up in a couple of years, if we don't have more U.S. attorneys approved, if we don't have more judges approved, we're going to wake up in a couple of years and realize that we've done a lot of great work at the Trump administration, but justice is not being meted out as it should be because we don't have the people on the ground. That is a big problem, and I know that's somewhat unrelated to Arctic Frost, but it actually is related to Arctic Frost, because you cannot get the justice for the people who are targeted by the Biden administration unless we've got good people, especially in these U.S. attorneys offices, and that's something we've got to pay attention to over the next year. Spying on President Trump, prosecuting him, investigating senators, congressmen, and congressmen who are just aligned with the President of the United States some of this stuff is going to get covered by statute of limitations, but some of this stuff we can and we should prosecute, and I'm just telling you, this is going to be a real problem, and the people who watch your show are going to get really pissed at Senate Republicans, excuse my language, if we don't have the U.S. attorneys on the ground to actually achieve justice, people are going to get angry, and rightfully so. If you want justice, you've got to empower the President of the United States to actually appoint the officers of justice all over the country. The Democrats are stalling that, and we're going to wake up in a couple of years, if we don't have more U.S. attorneys approved, if we don't have more judges approved, we're going to wake up in a couple of years and realize that we've done a lot of great work at the Trump administration, but justice is not being meted out as it should be because we don't have the people on the ground. That is a big problem, and I know that's somewhat unrelated to Arctic Frost, but it actually is related to Arctic Frost, because you cannot get the justice for the people who are targeted by the Biden administration unless we've got good people, especially in these U.S. attorneys offices, and that's something we've got to pay attention to over the next year. Spying on President Trump, prosecuting him, investigating senators, congressmen, and congressmen who are just aligned with the President of the United States some of this stuff is going to get covered by statute of limitations, but some of this stuff we can and we should prosecute, and I'm just telling you, this is going to be a real problem, and the people who watch your show are going to get really pissed at Senate Republicans, excuse my language, if we don't have the U.S. attorneys on the ground to actually achieve justice, people are going to get angry, and rightfully so.

Svetlana Lokhova

254,268 views • 5 months ago

Marine Veteran says we are coming to the point where we are realizing “We cannot vote our way out of this” “Has anybody else started to reach their breaking point or a boiling point? This is starting to look like a country that I am no longer proud to have served I've been working my entire adult life and I have paid half or more than half back to the government in some way, shape or form in taxes for the past 30 years, and if you don't believe me, look up everything that you have that is taxed - State income tax - Federal income tax - Property taxes - Payroll taxes - Medicare taxes - Medicaid taxes - Sales taxes - Everything is taxed. Everything. And we have a political apparatus where half of them say that if you don't keep us in power, we will steal from you so that we can import people that will. So shut up and go back to work. And another side of the aisle that is either in on it or is totally complete chicken sh*t and won't do anything about it and won't even try to actually represent the people that vote for them. Is anybody else getting to a point where we feel like we cannot vote our way out of this? Where does that leave us? Because nothing is going to happen about the fraud. Nothing. All of the fraud that Elon Musk and DOGE exposed, the Republican Congress put it on the back burner and refused to f*cking vote on it. Turned around to the American voter that put them in power and extended one of these. It doesn't matter what we do this situation is completely freaking unstable, totally and completely unsustainable. It's a waste of time to vote, and it's a waste of energy to pay taxes so that we can give it to people that are going to steal from us. And then we can send it to other countries that hate us, and we can send it to people in the European Union that look down their nose at the American worker and say, good little, go back to work. It's putting us in a helpless situation. And I don't think the people in Washington living in that bubble realize the anger that is fuming outside of the borders of that city. And I am not interested in watching another theatrical Congressional hearing where a couple of ballsy Republicans out a corrupt leftist and then nothing happens. Accountability and a f*cking tax strike is what needs to happen”

Wall Street Apes

673,503 views • 5 months ago

🚨Should the US create a Sovereign Wealth Fund? Chamath and Friedberg discuss Chamath: “I think that we should start a sovereign wealth fund right now.” “The great news is that these Trump tariff deals come with huge amounts of capital that these other countries have committed to spending inside the United States.” “We've exceeded $1T of inbound capital on the investment side. We get 90% of the upside.” “A lot of that capital should be the seed capital for a sovereign wealth fund.” Friedberg: “The concern I have is anytime we create a new income stream at the federal government, or we have some sort of growing asset that you mark up on the book, someone tends to invest ahead of the curve on that.” “Meaning someone takes that and they're like, ‘Oh, great, I can spend more now.’ I mean, we even saw this in California (with) Gavin Newsom and the budget skyrocketed as the income went up.” “Rather than take the surplus and book it for a rainy day, they went and spent ahead of it, and then all of a sudden they had a huge deficit.” “Which is what happened with Social Security is, it's like, okay, all these people are providing this income every year to the federal government, which they're supposed to be paying into their Social Security Trust Fund, which is gonna go bankrupt sometime between 2030 and 2033.” “But then what happened is we raided the coffers, we took all that money, and we started spending it on random new programs.” “And the problem is, by giving the government more assets, by giving the government more income, we set ourselves up for a circumstance where the federal government, the Congress says, ‘Great, we got more money to spend. Let's do X, Y, and Z program and let's do this. Let's build a high speed train. Let's do this. These are all good for American people.’” “And all of a sudden, you don't actually solve any real problems. And this is why my argument is that we should use it to fill the hole that we have, for example, in Social Security.” “And that needs to become an asset that's strictly used as an offset on Social Security, because if you don't put it in that box, it just becomes another spending mechanism.”

The All-In Podcast

44,397 views • 9 months ago

Chamath: Hyperscalers should subsidize residential electricity costs to solve AI’s PR crisis Right now, there is a narrative that “AI may take your job while doubling your electric bill.” That narrative has contributed to the recent cancellation of three major datacenter projects by Google, Microsoft, and Amazon in three different locales. Chamath believes 1) this is a major problem for the entire AI movement, but 2) it’s fixable. His plan: hyperscalers should use their massive cash positions to subsidize residential electricity costs in areas where they want to build datacenters. “Google was planning a $1B spend on a data center in Indianapolis.” “There was enough pushback, and so I think to avoid what would've been an awkward press cycle, Google just pulled it.” “In this same week, it happened two other times.” “In Wisconsin, there was a proposal very similar to Google's, but this time from Microsoft. And in the 11th hour, Microsoft pulled it.” “And then in the third example, there was an attempt by an Amazon datacenter to get built near Tucson that I think also was mothballed.” “I do think that this is the beginning of a trend.” “Why is this happening? People are seeing their prices of electricity go up in the local areas where the datacenters are being built.” “These hyperscalers need to get these communities on their side.” “We can't have this narrative that AI may take your job away while it's also doubling your electricity price, because they're not feeling and seeing the abundance that we think (AI) can offer.” “We need to figure out how to fix this because you can't have Google, Microsoft and Amazon cancel essential projects that advance this entire sector and economy forward.” “We're not talking about some random fly by night business here, we're talking about three of the five pinnacle horsemen of the AI race.” “I think that we can fix those problems.” “My idea is, you have to use the balance sheet of these big companies. And it can act as a cushion for a lot of what needs to happen.” “They can pay higher tariffs for electricity. They can also just frankly, go and pay for some amount of the electricity bill of these local folks. They could pay for solar and storage if they wanted to.” “There’s a plethora of ideas here where they probably are going to need to step in to market to get folks on their side, and I think they have to do it.”

The All-In Podcast

245,610 views • 8 months ago

🚨WATCH: A 40-year compilation of Donald Trump speaking out against NAFTA, the WTO, and other trade deals that have exploited American consumers and devastated U.S. manufacturing. "When you put a tax on Japan for the products that they're selling, you will bring in hundreds of billions of dollars to this country, which can go to rebuilding our inner cities instead of giving Japan free military defense, you charge them for what they're getting, and you bring in hundreds of billions of dollars. If the right person asked, they would gladly pay, because they'd have to pay." "The fact is that you don't have free trade. We think of it as free trade, but right now, you don't have free trade. We let Japan come in and dump everything right into our markets. If you ever go to Japan right now and try to sell something, forget about it. Just forget about it. It's almost impossible. They don't have laws against it. They just make it impossible. They come over here, they sell their cars, their VCRs. They knock the hell out of our companies. And hey, I have tremendous respect for the Japanese people. I mean, you can respect somebody that's beating the hell out of you, but they are beating the hell out of this country." "It's tough to build housing for people when you're losing $200 billion a year. What I'm saying is the United States is systematically being ripped off by many of the wealthiest countries of the world. You look at Saudi Arabia, Kuwait, and various of the other oil-producing countries, you'll see their lifestyle is beyond belief because we give them their freedom and they give us nothing. I'm saying I want the money so that we can put it into Harlem. So that we can give the money back to education because that's the big picture." "Kuwait, they live like kings. We make it possible for them to sell their oil, and yet they're not paying us. Why aren't they paying us 25% of what they make? ... Look at how we opened up the Persian Gulf. Most of the oil goes to Japan. We open up the Persian Gulf for Japan to get oil, for Saudi Arabia, for Kuwait to make money. Why aren't they paying us for this?" "NAFTA has ripped the heart out of this country, signed by Bill Clinton. It has been probably the worst trade deal, the worst economic trade deal ever signed by any country anywhere in the world." "I want free trade, but it's got to be fair trade. It's got to be good deals for the United States. I was asked recently, well, what is your definition of trade? I say make good deals for the United States, and ideally, make great deals for the United States. These horrendous trade deals have destroyed New York State. They have destroyed Pennsylvania and Michigan. Look at what's going on in Michigan. The car companies are moving to Mexico in particular. It's unbelievable." "China just devalued its currency. They're basically saying, 'we're really ripping you big league.' And believe me, they are taking our jobs, and China is not the only one. You look at other countries and they're all doing the same thing... They're making all our products. We're not manufacturing anything. They are selling it to us. They take our money and they loan it back to us." Chart below👇

KanekoaTheGreat

185,588 views • 1 year ago

Thank you to all who joined us in Brewer yesterday to fight to stop this senseless war. Full remarks and video below. ********* First, I want to say thank you to Food and Medicine for having me. The work of Food and Medicine, the Eastern Maine Labor Council, quite frankly, has really kept organizing alive and as part of the state for a long time. And if you have the time and the energy to get involved, I highly recommend that you do. I also just want to give a hearty thank you to everyone who's joined us here today. It means a lot and it also shows that this is, whether it's mothers, whether it's veterans, whether it's people just running for political office and part of our main community, nobody wants this war. Absolutely no one thinks that this is a good idea. And the reason why they don't want it is because they know what it's actually about. This is a war that's being pushed by Benjamin Netanyahu. He's been trying to make this war happen for almost 30 years. This is a war that's being pushed by the Saudis, who have also wanted this war to happen. Two nations that are happy to watch American blood be expended on their behalf. This war is also being pushed because Donald Trump is in the Epstein files. And other people in the White House, and other people connected with the Epstein class. They are terrified that we have noticed what they are doing. They are terrified that we're going to start wondering why the hell we let them stay in power. And to do that, they're going to do the oldest trick in the book. They're going to try to just start a war to distract all of us. They are willing to sacrifice the lives of young American men and women and the lives of Iranian civilians simply to protect their political interests. I cannot think of a more reprehensible act. I cannot think of a more unpatriotic act, of a more un-American act, than to send our sons and daughters off to die, to kill, to bring immense violence to innocent civilians abroad simply because you're afraid you might lose the midterms. It is disgusting. As reprehensible as it is, it's also important to remember that this situation we find ourselves in is only possible because we have had a Congress that for decades has abdicated its responsibility, its constitutional responsibility, in making war. We need to rescind the 2001 Authorization of Use of Military Force. Its vague language and lack of clarity has been abused by multiple administrations of both parties to carry out wars in the name of the military-industrial complex and those in power, to carry out military operations that did absolutely nothing to keep Americans safe, but made some people very, very wealthy and protected the political interests of those in power. It needs to go. But not only does it need to go, we need a war powers resolution that actually claws power back from the executive branch. The resolutions that are on the table, I highly recommend you call your elected officials and put pressure on them to vote for them. They are necessary, but they are not sufficient. We need a truly reformed War Powers Act, where we really pull the power back. No more 48 hours of combat operations where you have to notify Congress. No more 60 days of combat operations before you have to prove to Congress that you should have gone to war in the first place. No. We need to know why military force is used right off the bat. And it needs to be approved by Congress right off the bat. The Constitution is clear about who is supposed to have the power of waging war in this country. It is the body that is most representative of the American people because it is the American people who have to bear the brunt of combat. It is the American people who are asked to make the sacrifice. It is American families who have to bury their dead sons and daughters. It is American friends who have to watch their best friends come home from a war and struggle for years with physical and mental trauma.

Graham Platner for Senate

75,172 views • 3 months ago

David Friedberg on the Nonprofit Scam: 90% Are Bullsh*t “ The definition of exempt activities is charitable, religious, educational, scientific, literacy, public safety, or fostering amateur sports competition, or preventing cruelty to children or animals. You tell me how the f**k 90% of what we call nonprofits today fall under that definition. We have completely f**king closed our eyes to the fact that organizations, regardless of political affiliation or social interest, have fundamental commercial and probably not aligned interests with the definition of a 501(c)(3), and we've allowed them all to get away with it for far too long. I don't think that this is a blue or red thing. I think that this is a thing where we let these organizations make it easy to get money, to hide the money, and to do whatever the hell they want with the money, and we need to stop it. And I think that it's an amazing opportunity right now for everyone to kind of reset the decks by cleaning all the sh*t up, and getting all of these organizations flushed, and make sure that any organization that wants to do whatever bullsh*t, nefarious things they want to do, by all means do it. But it's not a nonprofit and you shouldn't get a charitable donation deduction, and the government should not be putting money into these sorts of things. This is an entirely different sort of activity in the social order. And as a libertarian, I'm all for it, but I don't think that they should be tax exempt, and I don't think they should be getting government money, and I don't think that individuals should be benefiting from giving them money. And if we could fix all that shit up, I think a lot of these problems are going to go away.”

The All-In Podcast

574,026 views • 2 months ago