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Chapter 1: Why did Democrats refuse to force a government shutdown?
They warned each other in private and in public about forcing a government shutdown, but then they tried to force the government shutdown. So this set the Democratic base up for disappointment for seemingly no reason. And they violated the first rule of politics. Never interrupt your opponent while he's making a mistake.
And right now, the mistake the Democrats should be focusing in on is the tariff war, because that tariff war is driving the Dow Jones Industrial Average down. That is an easy case to make. If it recovers, of course, that case will disappear. But they can say, well, Dow Jones Industrial Average is now in corrections.
Instead, they decided, hey, maybe we should start a giant fight over a continuing resolution we have no chance of actually stopping. And if the government shuts down, we get to own the economic chaos. I mean, it's just the dumbest thing I've ever heard. In a second, we'll be joined by the Speaker of the House. First, only two things in life are certain, death and taxes.
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Chapter 2: What is the significance of the continuing resolution?
The Dow ended the day down 537 points, 1.3%. The S&P 500 fell 1.39%. The NASDAQ was almost 2% lower. The sell-off extended a route in US markets that has been driven by the uncertainty around Trump's tariffs. And by the way, you can see this happening in real time. When President Trump does a presser, You can see the actual stock market reaction to his presser based on his answers.
You'll be watching him on the main screen talking about tariffing the EU. And you will see the Dow Jones Industrial Average dip from green into red as he talks because the markets react very quickly to what President Trump is saying. And as I've said before, even the sort of flip-flop appearance of chaos with regard to these tariffs is bad for markets. Uncertainty is just bad for markets.
This is a point that the Treasury Secretary, Scott Besson, was making. And I really hope that President Trump is taking advice from his quite brilliant Treasury Secretary. And Besson is an excellent pick. He knows exactly what he's doing. Here he was making the case for what the administration really is focusing on or at least should be focusing on.
As I told the Business Roundtable yesterday, as I tell your viewers, what we're trying to do is create economic certainty. We're going to do it with the tax plan. We're going to do it with deregulation.
And I also said to the Business Roundtable, I think it was 135 CEOs yesterday, if you came out with a plan similar to what Doge wants to do with the federal government, all your stocks would go up 15% or 20%. it would be considered a miraculous restructuring, cost savings, and put you on a sustainable course.
And that, of course, is exactly, that's the stuff that Trump really needs to focus in on. Unfortunately, the stock market has now dropped. The Dow Jones Industrial Average has dropped from a high on February 19th, which, again, is less than a month ago, of 44,627, all the way down to yesterday's close at 40,813.
Okay, which means that the stock market has now dropped something like 3,700 points, almost more than 8% over the course of the last month. So that should be a winning case for Democrats, right? This is what they should be focusing in on. James Carville has been making this case. Again, I think James Carville is a schmuck, but James Carville is not stupid.
And when he says, wait around for your opponent to make the mistake, that, of course, is good political advice. Well, obviously... I want President Trump's agenda to succeed. I've said this a thousand times. The way that it's going to succeed is focusing in on Doge, on deregulation, on tax cuts, on doing the things that create a predictable investment environment.
It is not helped by President Trump continuing to bang on the Canadians and smacking around the Canadians. Again, it might be fun and games. It might be enjoyable to rip on the people up north who keep putting use in words that don't need them. I just don't understand what the actual economic goal here is. What is the attempt to achieve?
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Chapter 3: How did Speaker Mike Johnson achieve a win for Republicans?
And it seems to me that the Democratic Party, if they are going to have any shot at electoral success in the future, is going to have to move away from a lot of these cultural kind of wokeness-based issues and into the sort of demagoguery of success. And you see that in a lot of the attacks on Elon. A lot of what they're doing right now is Elon is bad, Elon is evil, Elon is corrupt.
That's my favorite one, is when they say that Elon is corrupt. He's the richest man on planet Earth. What would you have to pay him to buy Elon off? How would you even accomplish this? But I think you're going to see an enormous amount of this left-wing economic populism, which is mirrored by parts of the right, that starts to become a sentence. And that has its own sort of bizarre logic.
Yeah, we're seeing some of that already, for sure. So what's next for you guys? You guys have done a number of projects. You have the Bee itself, which is text-based, and then you've done videos. You've done now a movie about January 6th, the worst day. What's the name of the film? I don't want to screw it up. Yeah, January 6th, the most deadliest day. The most deadliest day, correct, exactly.
So what's next on the horizon for bigger projects?
Well, that was fun. So that was kind of our first foray into, you know, I guess you could kind of style that or call that a mockumentary, you know, where we're taking an idea and treating it like super seriously when it shouldn't have been taken as seriously as it was and mocking the actors involved in that.
That was a fun foot in the door for us to do like a larger project, a long form project beyond just like a short comedy sketch for YouTube. So we're going to dabble in more of that, you know, try some of these other ideas that we have kind of floating around and see if we can make some more films like that because the audience loved it.
We generated a lot of subscribers with that, got a lot of really good feedback. There's a lot we learned from it that we can do differently and better the next time. And so we'll iterate on that some, but I think for the beat, the primary thing for us, what we do really well is news satire. We mimic a news publication and publish satirical headlines. Funny fake news you can trust.
That's our thing. That's what we do really well. And the next logical extension of that is probably some kind of a... a show that is a satirical news show, a daily show style thing. Something like that, I think, could be really successful under the Bees brand. So we have some things in the works along those lines that we're looking at, too, that we're really excited about.
So where that lives and when that lands is anyone's guess. But we're excited about kind of continuing to do what we've done well that the audience really enjoys and bringing that out to a broader audience in new forms.
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