yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Why Its Good That The Democrats Lost


2m read
·Nov 7, 2024

I'm going to stay on this theme for a moment and call this perhaps the greatest night the Democratic party can ever have if they lose. Let me explain that I was very troubled just over a 100 days ago when they circumvented the Democratic process and anointed somebody. The analogy is easy to a Super Bowl: you arrive at the Super Bowl game and by any measure this is the Super Bowl of global politics. A presidential race, your quarterback Biden is injured; he's taken out of the game. You don't bring a quarterback in that's never, ever, ever won any game anywhere.

You run a process, and they missed that opportunity. This is a chance for them to—I'm not saying they're going to lose—but I'm going to those percentages and saying they get to reboot; they get to go back to the center. They get to scratch this whole thing and the influences of a Schumer or Pelosi or a movie star or an Obama deciding to anoint somebody. Those guys are gone in four years; they won't have that kind of influence.

This could be great for America because I'm an investor. I have to work with whoever is in the White House in January, but I care about policy. When I hear policies coming out of a party that are so twisted against the American way of life—like basically taxing capital gains that are unrealized—that's not America. Or price controls? That's not America.

A 2018 % tax rate takes us to the bottom quartile of competition; that's bad. We can't do that; that would hurt the country. All I do is work with entrepreneurs that want to build businesses. There's a reason people come here under barbed wire and drown in rivers to get into America. It's the American dream.

It's the only thing the president has to do: to maintain it. Those policies are against the American dream. I have nothing against Harris; I mean, look, she did a masterful job in getting to where she is. It would be good for them to lose tonight. It would reset and reboot and get that party back to the center. It would be good for them; they may not want to hear that, but they may have to.

Kevin, you may have to deal with it.

More Articles

View All
The Remarkable Story Behind The Most Important Algorithm Of All Time
This is a video about the most important algorithm of all time, the Fast Fourier Transform or FFT. I mean, you use it all the time, including right now to watch this video, and it’s used in radar and sonar, 5G and WiFi. Basically, anytime a signal is proc…
Nat Geo's Aaron Huey's Most Epic Photos | National Geographic
That’s how I actually get my work. It’s not because I know how to take pictures. It’s because I only wear gold shoes when I come into the National Geographic offices. (classical music) My name’s Aaron Huey. I’m a National Geographic photographer. A lot of…
The FED Just Popped The Market Bubble
What’s up guys, it’s Graham here. So first of all, I am shocked that more people aren’t talking about this, because we are about to face the worst U.S. debt crisis in history. Instead of addressing the problem head-on, we’re putting up statues of Walter W…
What Does the Moon Smell Like? #kurzgesagt #shorts
What does the Moon smell like and how do we know that? Certainly not by smelling samples from the Moon, that would be extremely stupid. Luna dust is toxic; inhaled, it can be swallowed up by immune cells such as macrophages and trigger further immune reac…
Sources of loans/credit | Loans and debt | Financial Literacy | Khan Academy
So let’s talk a little bit about credit and lending. When I talk about credit, I’m literally just talking about someone’s willingness to lend you money or to actually lend you money. You’ve heard of a credit card; when you buy something with a credit card…
Charlie Munger: Do This 1 Thing to be a Great Investor
You shouldn’t be trying to guess whether you know one drug company has a better drug pipeline than another. You want to go, when you’re young, someplace that’s very inefficient, and you shouldn’t be trying to guess whether the stock market is going to go …