Yes, Bernie Sanders, who has always admitted to being a socialist, has called for the government to take equity stakes in American AI companies. And yes, it is a terrible idea. But today on the Capital Record, David does what too few on the right appear willing to do: say why it is a bad idea, and why the right are going to have a very hard time stopping it.

Clip courtesy of Overtime with Bill Maher

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Treasury Secretary, Scott Bessent, gave a memorable speech at the Reagan Foundation Economic Forum last week. In it, he reiterated the completely true economic principle of permanence – that when policies are properly codified they assure economic actors of the rules of the road, enabling more confident decision-making when it comes to hiring, production, consumption, and investment.

In today’s Capital Record, David flushes out this concept more, acknowledges where the permanence of OBBBA has been a benefit, and asks a rather obvious question about another tax policy that remains, well, not permanent.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sen. Elizabeth Warren’s recent tirade against private equity is a libelous set of dishonest manure that should be treated as seriously as any attempt to broadly demonize private equity these days, which is not at all. Whether the Senator’s problem is intellectual or just in telling the truth, she is wrong in so many ways that today’s Capital Record gives us a chance to set the record straight. You will be better off for hearing it, which is never true when one listens to today’s private equity critics.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.