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thedsrnetwork.com slash bye.

1:35

Thank you and enjoy the

1:38

show. Hello

1:52

and welcome to the DSR Daily.

1:55

I'm David Rothkoff, joined by

1:57

Riley Fessler. Hello Riley. Hello,

1:59

how are you? Good and Minna Stein.

2:01

How are you Minna? Fabulous.

2:04

Thank you for asking. Of course. We're

2:06

all Canadians today. Oh happy to see

2:08

Canada doing the right thing where we

2:10

here in the United States have been

2:12

unable to do so. And

2:15

perhaps that's where we should

2:17

start our conversation. That's

2:20

what I was going to say. Excellent

2:22

foresight. into what our first story was going

2:24

to be today. Yeah, they would never

2:26

have any idea that an hour before each

2:29

podcast, you send me the story list,

2:31

but go on. We like

2:33

to create an illusion of you

2:35

just being able to guess. Just

2:37

spontaneous conversation about, hey,

2:39

let's talk about Canada today. Yeah.

2:42

All right. Let's talk about,

2:44

let's talk about Canada today. Tim

2:47

Hortons, Lobots Brewery,

2:50

hockey. See, I

2:52

speak Canadian. All

2:54

things covered in this article. Mark

2:57

Carney, a former central

2:59

banker, led Canada's Liberal Party

3:01

to a surprising electoral

3:04

victory, capitalizing on Donald Trump's

3:06

threats of tariffs and

3:08

annexation, which derailed a previously

3:10

dominant conservative campaign. Carney's

3:14

centrist policy shifts and reputation

3:16

for economic competence helped neutralize

3:18

conservative attacks and win back.

3:20

voter confidence after Justin Trudeau

3:22

stepped down amid party dissatisfaction.

3:24

With a renewed mandate, Carney

3:26

now faces an urgent task

3:28

of negotiating with the Trump

3:30

administration to avert a trade

3:32

war and steer Canada towards

3:34

greater economic independence. Let's

3:38

just close our eyes

3:40

and have a little

3:42

fantasy here. Imagine the

3:44

United States elected a

3:46

Harvard educated economist. former

3:49

hockey player who was

3:51

the central bank governor

3:53

of both Canada and

3:55

he was so good

3:58

as the Canadian he

4:00

became the central bank

4:02

governor of England ran

4:04

the Bank of England

4:07

and You know he

4:09

was offering clear policies

4:11

in defiance of local

4:13

and next -door neighbor

4:16

fascism and he

4:18

engineered a 25 point

4:20

or more shift in opinion

4:22

polls in just a

4:24

matter of a couple of

4:26

months. You would

4:28

think that a country that was

4:30

smart enough to do that

4:32

in this fantasy, like if we

4:34

were a country like that, might

4:37

have other things going for

4:39

it, like healthcare for everybody,

4:42

lower priced

4:44

pharmaceuticals, more

4:47

sensible foreign policy, greater

4:50

social safety debt

4:52

more broadly. It

4:55

was a little bit more

4:57

like an enlightened European country

4:59

than, you know, the United

5:01

States. Unfortunately, that's

5:04

not us. That's Canada. But

5:06

good on you, Canada, for doing

5:08

the right thing. And

5:11

I think, you know, Let

5:13

it be a message to Donald

5:15

Trump and to MAGA. He

5:19

attacked Canada. The

5:21

person who pushed back did

5:23

better. He attacked Mexico. The

5:26

new president who pushed back

5:28

boosted in the polls. He

5:30

attacked China. China pushed back.

5:32

China looks stronger. We

5:34

look weaker. He attacked

5:36

Harvard. Harvard pushed

5:39

back. Now 400 or

5:41

500 universities have

5:43

signed on. alongside Harvard.

5:45

There's a message here. Push back

5:48

on Trump. You do

5:50

better. Go along with

5:52

Trump. You do poorly. How do we

5:54

know? Well, to go back to

5:56

the Canadian story, the pro

5:58

-Trump, mega -ish candidate

6:00

Pierre Poilet lost his

6:02

own seat in

6:05

this election. Given their

6:07

system, he'll stay

6:09

the head of the

6:11

party. But

6:13

his party will be in

6:15

the minority after three months

6:17

ago. It was an absolute

6:19

shoe in they were gonna

6:21

win they threw in with

6:23

Trump big mistake anyway, here

6:25

we are and Onto the

6:27

next thing but not thanks

6:29

for starting us off a

6:31

little good news today minute.

6:33

Let's see if Riley can

6:35

keep it going Maybe President

6:38

Trump plans to ease the effects

6:40

of his tariffs on U .S.

6:42

automakers by reducing some import duties

6:44

on foreign parts used in domestic

6:47

vehicle manufacturing. While cars made

6:49

abroad will still face tariffs, they will

6:51

not be subjected to additional levies like

6:53

those on steel and aluminum. The

6:55

move is seen as an attempt to show

6:57

flexibility in his trade policy amid backlash from

6:59

the auto industry and concerns about economic disruption.

7:02

Industry leaders, including GM's CEO,

7:04

welcome to the decision, though

7:06

concerns remain about potential impacts

7:09

on prices and sales. Well,

7:13

look, that's better

7:15

news than him adding

7:18

to the tariffs or adding

7:20

new tariffs. It's

7:23

a further sign that

7:25

his tariff plan is completely

7:27

crazed and is falling

7:29

apart all around his ears.

7:32

There are a couple goals of

7:34

these tariffs. One, make

7:36

the world fairer place for

7:39

the US to trade. Two, move

7:41

jobs to the United States. Move

7:45

manufacturing to the United States.

7:48

The deal -by -deal approach they're doing

7:50

isn't going to achieve any of

7:52

that. None of their goals

7:54

will be achieved. Last

7:58

month, Peter

8:00

Navarro, the president's demented trade

8:02

advisor said, 90 deals

8:04

in 90 days. But

8:06

we're 20 days into that, zero

8:08

deals. They're talking

8:11

about fake, maybe

8:13

subdeals,

8:15

not happening.

8:19

Gradually, they're going to cave on almost

8:21

everything. They'll get a few

8:23

small side deals. This thing will be

8:25

seen as a bake. fiasco. Didn't have

8:27

to be that way, by the way.

8:30

The president started out, and I mean,

8:32

let's give credit where it's due, saying,

8:34

I want to attract investment to the

8:36

United States, and I'm going to make

8:38

it easier for investors to come to

8:40

the United States. And even though he

8:42

was going to waive some laws and

8:44

things that were sensible regulations to do

8:46

it, this would have been a much

8:48

more positive approach for Trump to take.

8:50

Let him go out there and be

8:52

the chief salesman of the US, attract

8:55

foreign investment, attract foreign jobs, attract foreign

8:57

workers, attract foreign students,

8:59

make America stronger. All

9:02

those things which were sort of

9:04

bubbling up, those were things, Elon Musk

9:06

and they were all talking about that

9:08

stuff. They went off in this

9:10

other crazy direction. Maybe they'll go back.

9:14

Okay, two not entirely

9:16

insane stories. Next. Chris

9:19

Krebs, former head of the

9:21

US Cyber Defense Agency, publicly

9:23

condemned the Trump administration's sweeping

9:25

cuts of federal cybersecurity programs

9:27

and called on the tech

9:29

community to express outrage over

9:31

the changes. Speaking at

9:33

the RSA conference, Krebs

9:35

warned that downsizing efforts, particularly

9:37

those targeting election security,

9:39

are endangering national security amid

9:41

growing global cyber threats.

9:43

His remarks met with strong

9:45

applause come as other

9:48

cyber leaders also voiced concern

9:50

over Trump's restructuring moves

9:52

and investigations targeting Krebs himself

9:54

for affirming the illegitimacy

9:56

of the 2020 election. For

9:59

affirming the legitimacy.

10:02

Yeah, exactly. Yeah. Well, look, you

10:04

know, you want to get applause? Stand

10:07

up to Trump. Seems to be a

10:09

theme here. At

10:11

the funeral for the Pope,

10:13

Zelensky walks in. A plus

10:15

Trump walks in no applause

10:17

Carney gets applause. Well, I

10:19

have no applause Chris Krebs

10:21

as it happens is a

10:24

hundred percent right people in

10:26

the technology space know that

10:28

he's right Trump's arguments to

10:30

the contrary put the United

10:32

States at risk and You

10:34

know, I'm glad that he's

10:36

speaking out. I'm glad people

10:39

are hearing it and I'm

10:41

glad the message is coming

10:43

through that Trump policies don't

10:45

work. There was a poll

10:47

that came out yesterday and

10:49

it showed Trump's policies on

10:51

immigration, Trump's policies on tariffs,

10:54

Trump's policies on cutting, cutting

10:56

corners with

10:59

regard to

11:01

the law.

11:03

They're all hugely unpopular in

11:06

America. 60 65 % of

11:08

Americans opposed those policies

11:10

only 20 30 % I

11:12

think 13 % of Americans

11:14

supported You know Trump's idea

11:16

that we should take

11:18

over Canada 20 ish percent

11:20

the Greenland idea 30

11:22

ish percent his idea of

11:24

cutting corners on immigration

11:26

You know that's that's kind

11:28

of you know constant

11:30

in american politics for the

11:32

past 10 years they're

11:35

kind of like 25 30

11:37

of americans who are

11:39

just absolute shits and who

11:41

will support anything trump

11:43

does but the vast majority

11:45

of americans the vast

11:47

majority of americans 60 65

11:49

70 of americans are

11:51

super sensible super sensible you

11:53

know you know what

11:55

they support healthcare for everybody

11:57

you know what they

11:59

support Education reform, you know

12:01

what they support common

12:04

sense gun reform, you know

12:06

what they support taking

12:08

care of the environment You

12:10

know what they support

12:12

fairer taxes, you know what

12:14

they oppose these Trump

12:16

policies when you hear somebody

12:18

going oh the Democrats

12:20

are in trouble Bullshit when

12:22

you hear somebody saying

12:24

the Democrats need to stand

12:26

for something bullshit the

12:28

things the Democrats stand for

12:30

like a strong economy,

12:33

like strong defense, like protecting

12:35

our individual freedoms, like

12:37

enforcing the law, not breaking

12:39

it in the government, like

12:42

educating our people, like

12:44

taking care of the sick

12:46

and the elderly. That's

12:48

what Democrats are for. That's

12:50

what 70 % of Americans are for.

12:53

The last election was an aberration.

12:56

The vast majority of Americans

12:58

are already in the right

13:00

place. It's time to recalibrate. So

13:04

our elections reflected the views

13:06

of most Americans. That would

13:08

happen, by the way. Most

13:10

Americans actually voted. But

13:12

the majority of Americans who could

13:14

vote didn't. So up

13:16

off your ass out of your

13:18

chair, you

13:20

know, express your views or

13:23

your views are going

13:25

to get overwhelmed by that

13:27

shitty 25%. Riley. Not

13:29

that there are any of them in

13:31

Ohio, Riley. None of them. Nope. A

13:35

massive blackout left tens of

13:37

millions without power across Spain

13:39

and Portugal for nearly 18

13:41

hours, halting transportation, disrupting communications,

13:43

and shutting down businesses. By

13:46

Tuesday morning, electricity had been

13:48

fully restored, though officials remained uncertain

13:50

about the exact cause of

13:52

the outage. Preliminary findings

13:54

pointed to two nearly simultaneous

13:56

failures in southwestern Spain, possibly

13:58

triggered by a voltage line

14:00

interruption between France and Spain.

14:02

While I've gradually returned to

14:04

normal, many residents remain shaken

14:06

and confused by the rare

14:08

and widespread disruption. Yeah.

14:12

You know, we try to have commentary on

14:14

every story. I don't have anything to say

14:16

about that. That's the news. It's important news.

14:18

We should report it. But, you

14:20

know, it's one of those things. Something

14:23

went wrong. People are fixing it. I'm

14:25

glad they're fixative. We had friends. David

14:28

Sandelow, the host of one of our podcasts, was off

14:30

there in the middle of all that. Glad

14:32

it's getting resolved. What's

14:34

our last story a minute? House

14:37

Republicans have proposed a sweeping

14:39

overhaul of the college financial

14:41

aid and student loan system

14:43

that would cut Pell Grant

14:45

eligibility, raise loan repayment

14:47

costs, and reduce regulation

14:49

of for -profit colleges, all

14:51

to save money and enable

14:53

tax cuts. Critics warn

14:55

the plan would disproportionately harm

14:57

low -income and community college

14:59

students while also overburdening

15:01

a downsized education department ill

15:03

-equipped to implement such drastic

15:05

changes. The Republicans aim

15:07

to pass the bill via

15:09

budget reconciliation to bypass

15:11

Senate Democrats. Legal and logistical

15:13

hurdles could block its

15:15

path forward. The Republican

15:17

Party is waging a war, not

15:19

on just poor Americans, not just

15:21

on Americans of color, although they

15:23

bear the brunt of it. On

15:26

all normal Americans, people

15:28

who depend on government

15:30

policies in order to

15:32

support them. The kind of

15:34

policies governments are supposed to

15:37

provide, whether that's a functioning

15:39

education system or whether it's

15:41

a functioning health care system

15:43

or a system that protects

15:45

us from diseases or care

15:48

for people who are elderly

15:50

or care for veterans. Every

15:53

vulnerable group is

15:55

being attacked. Is

15:57

it purely by virtue as

15:59

a result of malice? No,

16:01

it's because they want to

16:03

cut taxes for the rich

16:05

and they want to justify

16:07

it by cutting services to

16:09

everybody else. But it's

16:12

not waste, fraud, and abuse

16:14

services. It's not

16:16

the government paying $1 ,000

16:18

for a toilet seat on

16:20

an aircraft carrier. It's

16:23

vital services that all

16:25

of us depend on. And

16:27

in this reconciliation process

16:30

yesterday, They reduced the

16:32

size of the cut to

16:34

Medicaid that they were going

16:36

for from $880 billion to

16:38

just $600 billion. It's

16:40

still going to lead to

16:42

tens of thousands of

16:44

debts in the United States.

16:47

Tens of thousands of debts.

16:49

One estimate, one person

16:51

dying every 18

16:53

minutes needlessly because of

16:56

this. Want to know

16:58

another place, apparently, they're cutting?

17:00

the Scientific Advisory Board for the

17:02

National Cancer Institute, they're

17:04

firing them all, just like

17:06

they're stopping cancer research,

17:08

just like they're stopping development

17:10

of key vaccines, their

17:12

ability to approve them. So,

17:15

case by case by case, every

17:18

single person you know

17:20

is going to be negatively

17:22

affected, whether it's a

17:24

Social Security cut, or a

17:26

Medicare cut, Medicaid cut,

17:28

or a VA cut, or

17:30

a HHS cut, or

17:32

an education cut, or cut

17:34

in our foreign aid

17:37

or other things that make

17:39

the world a safer

17:41

place, or cuts in environmental

17:43

programs. Make a

17:45

list. Talk to your

17:47

friends. Every single person is

17:49

going to be harmed by

17:51

these policies, but only a

17:53

small handful will benefit from

17:55

the big tax cuts. for

17:57

billionaires and centimillionaires that are

17:59

the purpose of this policy

18:01

will benefit nobody That you

18:03

know it will harm everybody

18:05

that you know Well, that's

18:07

it. It's a tuesday. Thank

18:09

you for joining us We've

18:11

got a lot of good

18:13

podcasting coming up this week

18:15

because that's what we do

18:17

here good podcasting go to

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bye bye.