Palihapitiya says hardcast liberals like Tim Cook and Bill Gates have completely embraced Trump after difficulties under Biden.
“And you saw some very truly hard cast liberals who have now completely embraced president Trump, folks like Tim Cook, folks like Bill Gates.”
Palihapitiya suggests bipartisan reforms halt because one person reads political tea leaves and decides no.
“Do you think Americans would be shocked if we really knew the inner workings to understand that at the end of the day, bipartisan coalitions and reforms literally stop on a dime on all number of issues because a person one day interprets and reads the tea leaves and says, no, yes, no.”
Palihapitiya notes Manchin spoke with Trump more in two years than eight years with Obama.
“And then you said in the first two years, you spoke with Trump more than you ever did under eight years of Obama.”
Palihapitiya describes how one party considered eliminating the filibuster to pass laws with simple majority.
“And there's been a lot of talk that one party at some point will try to eliminate the filibuster so that when they have a simple majority, they can pass any law they want.”
Palihapitiya asks if politics has shifted from work dignity to extreme giveaways for votes.
“There can't be this idea that you work and then you earn something, that there's that dignity of work.”
Palihapitiya argues addressing housing, healthcare, and student debt would transform domestic policy and impact 50 to 75 million households.
“So I think if we get these three issues addressed, something in housing, something in health care, and something on the student loan side, it is a transformational domestic policy agenda that puts affordability front and center that will impact 50 to 75,000,000 American households.”
Palihapitiya argues the article's purpose is to intimidate experienced people from serving in government.
“What this article does is it tries to intimidate those kinds of people to say, wow. This is not worth it.”
Palihapitiya dismisses New York Times article on Sacks as having no substance, only inflammatory headline.
“There is nothing here. Okay? There was no crime here. There's no smoke here. There's no fire here. What you did get right, though, is the headline, was the goal.”
Palihapitiya argues the California wealth tax would have been legally bulletproof if delayed until 2027 instead of retroactive.
“If this union were smart enough, what they would have done is say this is gonna start 01/01/2027. It probably would make the ballot.”
Palihapitiya says realizing media lied about Trump made him feel betrayed by institutions responsible for truth to power.
“So for me it was an evolution where I was like I can't believe I'm being lied to by this group of people whose sole responsibility is to hold truth to power.”
Palihapitiya notes Tom Homan was awarded a medal by Obama for managing deportations.
“The fact that Tom Homan is going there is a really good thing. He was the same person that was awarded a medal by Obama for how he managed Obama's deportation process.”
Palihapitiya argues that the majority clearly wanted both borders shut with structured immigration path.
“Everybody wanted the southern border shut and the northern border shut and a structured path to deal with illegal immigration.”
Palihapitiya argues debt-to-GDP ratios don't matter if all major economies rise together since 1700 to potentially 300 percent.
“So if the entire world moves in unison like this, there is an argument to be made, which is that you could end up at 300, two fifty, 200% of debt to GDP.”
Palihapitiya predicts debt-to-GDP will reach 200 to 600 percent globally because governments are addicted to spending.
“But I think debt to GDP, quite honestly, if I had to be a betting man, will trend into the $2.03, $4.05, 600 on a relative basis for all countries because I just think the governments of these countries are addicted to spending, and there is no reason to stop, safe of some other planetary species invading planet Earth.”
Palihapitiya supports student loan forgiveness and says nimbyism creates housing crisis driving young people toward socialism.
“It is a noose on the necks of these young people. And then also just the structural nimbyism that exists in most North American cities is tragic.”
Palihapitiya argues progressive Democrats fundamentally hate Silicon Valley and won't let tech companies they don't control thrive.
“But I think that if they think that they have the Democrats, that's fleeting as well because I think progressive Democrats fundamentally just hate Silicon Valley and technology, and so there's no way they're gonna let some god king over here that they don't control either.”
Palihapitiya asks whether quarterly reporting burdens have contributed to killing the IPO market, citing Trump's proposal for longer cycles.
“But recently, Paul president Trump said maybe we should move to six month reporting or one year reporting, and it was really well received by a lot of people.”
Palihapitiya describes how a town board was ousted overnight to undo a $6 billion data center approval.
“A town approves a $6,000,000,000 data center build, and then half the the the board gets ousted. Just voted out overnight so that they could put in new people to undo the decision.”
“And the good news is we were able to hold the line in some of these key places, but just barely.”
Palihapitiya identifies Canada, UK, and Australia as having moved far toward socialism with disastrous outcomes before the United States.
“I was on Megyn Kelly yesterday, and I had this theory that I've been kind of working through. And I'll just share it with you guys because I'd love your reaction.”
Palihapitiya claims California's management is worse than Illinois when compared to Florida's performance.
“And then just ask your favorite AI, compare California on the spectrum of Florida versus Illinois. And what you'll find is California is even worse than Illinois in most of those comparisons.”
Palihapitiya suggests right-side company should kill left-side companies to make trillions and influence politics
“If I were the company on the right I would try to kill every company that is like the one on the left. This way, the company on the right can make trillions of dollars and then infect American politics with hundreds of billions of dollars to implement their vision of being the https://t.co/u8BD5pQ1jN”
Palihapitiya suggests right-side company should kill left-side companies to make trillions and influence politics
“If I were the company on the right I would try to kill every company that is like the one on the left. This way, the company on the right can make trillions of dollars and then infect American politics with hundreds of billions of dollars to implement their vision of being the https://t.co/u8BD5pQ1jN”
Palihapitiya warns data center backlash in Texas, Pennsylvania, Ohio risks 200-300 basis points of GDP
“Texas, Pennsylvania and now Ohio. This is a powder keg and has the potential to unwind 200-300 basis points of annual GDP if it metastasizes. How did it get this bad? The collective leadership of frontier AI has failed miserably in doing the basics: 1. Paint a positive https://t.co/6Uu1IlAtSS”
If a politician loses an election blamed on data centers, other politicians nationwide will avoid approving new ones.
“If he loses and data centers get the blame, politicians across the country will take notice — and they will not go near the next one.”
Palihapitiya highlights Anthropic spending millions via Politico to warn about technology it builds
“Here is where the money you pay Anthropic is going. Hope you agree!! via Politico: “ANTHROPIC’S ANTI-AI BLITZ: The political war over AI is spilling deeper into the midterms — with one of the industry’s biggest players spending millions to warn voters about the technology it”
Palihapitiya warns liberal cities banning AI in schools will create economic segregation trapping kids in poverty.
“In all of these highly liberal bastions, they are embracing this far left wing ideology, and I think it's going to come with these kinds of policies.”