Mark Cuban: Love/Hate Relationship with Trump, Why He's Backing Kamala Harris

1. 0:00 – 5:43

   The Besties intro Mark Cuban: Voting record, working with Ross Perot's campaign in 1992

   1. JCJason Calacanis0:00

      All right, everybody. Welcome to the number one podcast in the world. Here we are on the All-In Podcast. We have a fifth bestie with us today. Joining David Freiberg, Chamath Palihapitiya, David Sacks, and myself is the one and the only Mark Cuban. How you doing, buddy?

   2. MCMark Cuban0:15

      What's up, guys? I'm doing great. Thanks for having me on.

   3. JCJason Calacanis0:18

      Of course. Of course.

   4. CPChamath Palihapitiya0:19

      Good to have you here.

   5. MCMark Cuban0:20

      And, uh, thank you. I've been practicing my virtue signaling, so I'm ready. (laughs)

   6. JCJason Calacanis0:23

      (laughs)

   7. CPChamath Palihapitiya0:23

      Let's go.

   8. JCJason Calacanis0:23

      You ready to go? All right.

   9. CPChamath Palihapitiya0:24

      Let's go. Let's go.

   10. DSDavid Sacks0:25

       I think we're gonna have twice the virtue signaling as normal in this episode. (laughs)

   11. JCJason Calacanis0:29

       (laughs) Double the virtue signaling.

   12. MCMark Cuban0:30

       Now, I promise you, I don't virtue signal.

   13. DSDavid Sacks0:32

       (laughs)

   14. MCMark Cuban0:32

       I'll say fuck you to anybody.

   15. DSDavid Sacks0:34

       (laughs)

   16. NANarrator0:34

       We're going all in. Let your winner slide. Rain Man, David Sacks. Going all in. And I said- We open source it to the fans and they've just gone crazy with it. Love you guys. Queen of Quinoa. I'm going all in.

   17. JCJason Calacanis0:51

       You have gotten very vocal about politics during this cycle.

   18. MCMark Cuban0:55

       Uh-huh.

   19. JCJason Calacanis0:55

       And you seem to be, I don't know if it's official, you know, speaking on behalf of the Kamala ticket.

   20. MCMark Cuban1:02

       Uh-huh.

   21. JCJason Calacanis1:03

       So why- why are you this active? What- what is the, um, reason that you've decided to get this active during this election? Because I'm proud to be an American.

   22. MCMark Cuban1:13

       (laughs)

   23. CPChamath Palihapitiya1:14

       (laughs)

   24. DSDavid Sacks1:15

       (laughs)

   25. MCMark Cuban1:15

       That's exactly why. I mean, you know, we all make choices and think what's best for the country and show our patriotism in different ways. And, you know, I'm not a Democrat, I'm not a Republican, I'm an Independent through and through.

   26. DSDavid Sacks1:25

       Oh my God, like J-Cal, he's an-

   27. MCMark Cuban1:27

       Yeah.

   28. DSDavid Sacks1:27

       ... Independent too.

   29. JCJason Calacanis1:28

       There we go.

   30. CPChamath Palihapitiya1:29

       Yeah.
2. 5:43 – 19:08

   The history of Cuban's love/hate relationship with Trump

   1. MCMark Cuban5:43

      so obviously, as you guys know, I'm not a big fan of Donald Trump. I gave him a shot eight years ago, it didn't work out.

   2. DSDavid Sacks5:49

      Okay, wait, wait. C- could we get- could we get into this? 'Cause I-

   3. MCMark Cuban5:51

      Sure.

   4. DSDavid Sacks5:51

      You obviously have, like, a love-hate relationship with Trump going back 20 something years, so-

   5. MCMark Cuban5:55

      Yeah.

   6. DSDavid Sacks5:56

      Ge- let's just go through the, the, um, the timeline here. I'm just very curious about this.

   7. MCMark Cuban6:00

      First of all, I don't hate the guy at all.

   8. DSDavid Sacks6:01

      Okay.

   9. MCMark Cuban6:01

      If he was r- was running for president and we all got together and, you know, just shot the (censored) like we are now-

   10. DSDavid Sacks6:08

       Yeah.

   11. MCMark Cuban6:08

       ... he's a blast. He's fun to talk to, you know? He's got charisma, he's got personality, he's easy to like. I mean, you know, he's used to schmoozing. He's a gr- he's one of the world's best schmoozers and so he's easy to get along with. It's not personal. But that doesn't mean, like, you guys (censored) with each other, it doesn't mean you can't, you know, as different things happen over time, you can't go back and forth. And, you know, he did the same thing. So the whole history of it was back, um, right when, um, we went public at Broadcast.com... No, right after we announced the sale in 2000, um... Was it 2000? Yeah, after we announced the sale in January 2000, the, he threw a Super Bowl party at Mar-a-Lago.

   12. DSDavid Sacks6:48

       Okay.

   13. MCMark Cuban6:48

       And one of my buddies, um, who, um, knew him invited me and I was like, "Cool, I'll go." Mar-a-Lago, hadn't seen it, Donald Trump, maybe I'll meet him. And so, uh, you know, you guys have seen Mar-a-Lago, had a beautiful pool, beautiful b- view. There's a veranda up there and he had like a bunch of, um, hooters and, um, what's the suntan lotion that always had girls, whatever.

   14. CPChamath Palihapitiya7:13

       Oh. Tropicana?

   15. MCMark Cuban7:15

       Tropicana? No, no-

   16. CPChamath Palihapitiya7:16

       Yeah.

   17. MCMark Cuban7:16

       But you-

   18. CPChamath Palihapitiya7:17

       Suntropic, Suntropic.

   19. MCMark Cuban7:18

       He sent one of those, right?

   20. CPChamath Palihapitiya7:19

       Suntropic. Yeah.

   21. MCMark Cuban7:19

       And so they were all dressed in orange and they were walking around and it was just like a big deal and it was funny as hell. And so, not that that's a bad thing. It was actually kind of entertaining. And, um, so he comes up to me and I'm with, um, VP of Visa, my buddy, and Jerry Yang, I think it was. Maybe it wasn't Jerry, but, um-

   22. CPChamath Palihapitiya7:39

       Co-founder of Yahoo.

   23. DSDavid Sacks7:39

       Yep.

   24. MCMark Cuban7:40

       Yeah, co-founder of Yahoo. And, um, he was like, "Hey, guys, nice to meet you." And I'm like, "Hey, I'm Mark. Donald. Dah, dah, dah." And he just, you know, not to be mean, just in a flippant way, he was like, "Hey, some day you'll be able to sit up there with the rich people pointing to the veranda."

   25. CPChamath Palihapitiya7:55

       (laughs)

   26. MCMark Cuban7:56

       And walked away. And I'm like, "Okay, fine," you know? Whatever.

   27. CPChamath Palihapitiya8:00

       Yeah.

   28. MCMark Cuban8:00

       And so, um, then, um, not long after that, through my friend, he got back in touch with me and, you know, this is the early days of the internet, early 2000s, and, um, still, I guess two, still 2000 and, um, I get an invitation to go to, um, his office in Trump Towers. And I'm like, "This is cool. Of course." And, you know, he wants to talk to me a- about business and I'm like, "You know what, Donald? I'll help you all I can." He, you know, he's getting donaldtrump.com and he wants to sell tchotchkes of merchandise. I guess some things never change. Um, and so, you know, so I'm in there trying to tell him about what you can and can't sell online and what works. And that was all fine and good, met Ivanka. It was all really cool. But it, the one thing that left with me, if you've ever been or seen pictures of his office, every inch of his office is covered with pictures of him.

   29. CPChamath Palihapitiya8:49

       Mm.

   30. MCMark Cuban8:50

       Every single inch of the office and I-
3. 19:08 – 40:46

   Trump's performance as President: what he got right and wrong

   1. DFDavid Friedberg19:08

      What... How would you think about the four years that he was president, in hindsight? What, what would you say was done well, what would you say was done poorly? Just those two things.

   2. MCMark Cuban19:19

      I think the way he dealt with the... zeitgeist isn't the right word. Just the vibe of the country was really, really, really bad. I think the hate that he conveyed, I think the fact that what he tweeted negatively, you know, so companies didn't know what was coming next. You know, he tweeted negatively about me, he com- tweeted negatively about other people. I thought that was a real bad thing. When the BLM, um, protests happened and turned into riots, when they went into Minnesota, he was like, "When the looting, when the looting starts, the shooting starts." Who the (censored) says that as a president? And so we had more people die during riots during his term than, than Biden by a long shot. And I think he misrepresented where he stood in terms of being anti-war. If you go back to 2019, um, and look at the war in, in Yemen, um, there were hundreds, at least 100,000 people plus died. And there was a bipartisan resolution to say, "We're not selling any more to the Saudis. We're not selling any more weapons to the Saudis." And a bipartisan resolution, including Mark Meadows and Rand Paul and others said, you know, passed it, and it went to his desk and he said, "We're still going to sell these, um, munitions and this, um, these weapons to Saudi Arabia, even though these people continue to die." So when we talk about, it's, you know, it's not all that much different than Ukraine in, in some respects, only Saudi Arabia got the Glengarry leads and Ukraine got our old stuff and we replaced it. And so, if, when he talk- comes out now and says, "Look, you know, I'm against all wars. There were no wars." That's bull (censored) , right? The mainstream media, and I know-

   3. DSDavid Sacks21:02

      Well, hold on. Well, okay, so there's two things there. So-

   4. MCMark Cuban21:04

      Uh-huh.

   5. DSDavid Sacks21:04

      ... just, just on the 2020 riots, I don't know how you blame Trump for the BLM riots of summer of 2020.

   6. MCMark Cuban21:10

      I didn't say, I didn't blame him for the riots, what I said was how he dealt with it. When you have-

   7. DSDavid Sacks21:14

      Yeah, okay, I get you don't like the mean tweets. I get, I totally get-

   8. MCMark Cuban21:16

      It's not about mean tweets. No, don't diminish it, David. Don't diminish it as just mean tweets. People pay attention to what happens and when you are, have people whose lives are at stake-

   9. DSDavid Sacks21:24

      I think, I think it's far worse to actually have riots going on in the streets, that's what needed to be controlled.

   10. MCMark Cuban21:29

       How many people have-

   11. DSDavid Sacks21:30

       He wanted to... Hold on, he wanted to send in the National Guard to Minnesota, it was actually Waltz who rejected the National Guard.

   12. MCMark Cuban21:35

       He had no problem banning the-

   13. DSDavid Sacks21:36

       And there were plenty of ties between, hold on, there were plenty of ties between Democratic activists and the BLM organizers of those riots.

   14. MCMark Cuban21:44

       Not the point.

   15. DSDavid Sacks21:44

       TIME Magazine did my story on that.

   16. MCMark Cuban21:46

       I'm not saying he's at fault that the riots happened, what I'm saying-

   17. DSDavid Sacks21:48

       I understand, but I can't believe that you're using the, the riots throughout the summer of 2020 as an argument against Trump when it was the left that did that in this country.

   18. DFDavid Friedberg21:54

       No, I think what he's saying is the leadership that he shows is of low moral character. Did he do anything right, Mark? In hindsight.

   19. MCMark Cuban22:02

       Well, wait, I'm not done with the wrong stuff.

   20. DFDavid Friedberg22:03

       Okay.

   21. MCMark Cuban22:03

       But wait, there's more, right?

   22. DFDavid Friedberg22:04

       (laughs)

   23. DSDavid Sacks22:04

       Okay, well let's just, but let, let's go back to the, the foreign policy for a second.

   24. MCMark Cuban22:08

       Uh-huh.

   25. DSDavid Sacks22:08

       Trump is correct that he did not start any new wars during his presidency. You agree with that, right?

   26. MCMark Cuban22:14

       Um, that no new war started or he didn't start any, um...

   27. DSDavid Sacks22:19

       He didn't start any. He was like the first president in 20 years not to start a new war.

   28. MCMark Cuban22:23

       Well, he inherited some for sure, and-

   29. DSDavid Sacks22:25

       He inherited Syria and Afghanistan and he wanted to get out and the generals didn't let him.

   30. MCMark Cuban22:30

       And there wasn't really a war that happened in Turkey and then when we got shot down, um, he didn't... No, there wasn't really a war. I, I'll agree with that, he did start war.
4. 40:46 – 49:18

   Party nominations: Kamala vs. Trump

   1. DFDavid Friedberg40:46

      question is, if it were an open Democratic primary, would you have voted for Kamala Harris?

   2. MCMark Cuban40:52

      I don't know. But then again, if Donald Trump participated in the debates on the Republican primary, in the Republican primary, would you have voted for Donald Trump? You know, then it's all hypothetical.

   3. DSDavid Sacks41:04

      Wait, hold... Wait, wait, wait. You're saying, you're saying it's analogous. The Republicans had an open primary.

   4. MCMark Cuban41:08

      No, but they did, they did.

   5. DSDavid Sacks41:09

      DeSantis competed-

   6. MCMark Cuban41:10

      They did, but he didn't participate.

   7. DSDavid Sacks41:11

      ... but Biden competed, Nikki Haley competed. They had an open primary.

   8. MCMark Cuban41:14

      Yeah, but they did-

   9. DSDavid Sacks41:14

      Trump was 50-

   10. MCMark Cuban41:15

       But, boy-

   11. DSDavid Sacks41:15

       Hold on a second. Trump, Trump was 50 points ahead. Maybe he should have debated, I don't know.

   12. CPChamath Palihapitiya41:19

       Maybe.

   13. MCMark Cuban41:20

       Of course, yeah.

   14. DSDavid Sacks41:21

       But, but, uh... No, I mean, look, I would have been in favor of him debating, but he was 50 points ahead and everybody had a chance to run. The Democrats did something totally different.

   15. MCMark Cuban41:28

       Yeah, but they didn't really have a chance because they wouldn't debate.

   16. DSDavid Sacks41:29

       The Democrats pretended... Hold, hold on. Let me finish, then you can get your response.

   17. MCMark Cuban41:32

       Okay.

   18. DSDavid Sacks41:32

       The Democrats pretended that Joe Biden was just fine, that he was sharp as a tack, that he was the best version of Joe Biden, and when the primary came and you had, um, outsiders like Bobby Kennedy, uh, try to compete, not only did he... Not only did Biden not debate, they basically used lawfare to keep Bobby Kennedy off the ballot. They did not allow him a fair shot at the nomination, which is why he had to leave the party and run as an independent. Then we find out after the debate that actually Biden is not fine. He's actually, appears to be in significant cognitive decline. So somehow, Nancy Pelosi gets him out of there, and then Kamala Harris is anointed. She's never won a primary vote ever. She... In 2020, she ran and dropped out before the first primary.And then this time around, she never had to compete in the primary, and so now she's known as the candidate.

   19. JCJason Calacanis42:27

       Is that a question there, Sax?

   20. DSDavid Sacks42:27

       The question is, I don't think... Well, the question is how can you liken this to what the Republicans did, having an open and competitive primary?

   21. MCMark Cuban42:34

       So first of all, the Republicans did not have an open and competitive, keyword, competitive, primary because if one of the candidates refuses to participate because they have a lead, look what happened to Joe Biden. For all we know, Vivek, Vivek would have destroyed Trump as much as-

   22. JCJason Calacanis42:50

       I agree.

   23. MCMark Cuban42:50

       ... Trump destroyed Joe Biden. Nikki Haley would have destroyed Trump as much as Joe, um, Donald Trump destroyed Joe Biden. I don't think that's-

   24. DSDavid Sacks42:59

       Well, I was, I was supporting DeSantis at that time and it was definitely competitive.

   25. MCMark Cuban43:02

       And I think DeSantis would have crushed him too, right? They, those, they all had disadvantages.

   26. DSDavid Sacks43:05

       They were allowed to compete, their names were on the ballot.

   27. MCMark Cuban43:07

       I know-

   28. DSDavid Sacks43:07

       You're talking about a very specific-

   29. JCJason Calacanis43:08

       Sax, would you, do you think DeSantis, Nikki Haley, or Vivek would have beaten Trump in a, in a debate?

   30. DSDavid Sacks43:15

       No. I think when... If you look at-
5. 49:18 – 55:45

   Biden's performance as President: what he got right and wrong

   1. MCMark Cuban49:18

      wasn't so much that. Sorry, Tremont, I thought-

   2. DFDavid Friedberg49:19

      Okay.

   3. MCMark Cuban49:19

      ... something Trump.

   4. JCJason Calacanis49:20

      Yeah, yeah.

   5. MCMark Cuban49:20

      The negative wasn't so much he continued it. The negative is the hypocrisy in his approach.

   6. DFDavid Friedberg49:24

      Hypoc... Okay. Right, in the style. Okay, now can we just see a-

   7. JCJason Calacanis49:25

      In the tone and style of how he governed.

   8. DFDavid Friedberg49:28

      Can we do Biden? What are the things that Biden and Harris did well that have helped the country, and what are the things that they could have done better, did not do well?

   9. MCMark Cuban49:36

      So I'll start with the negatives first so just so you know that there's a lot of them. One, the way they handled the border was horrific. There's no way to, you know, to say it any differently. Now, I understand why they took the approach they did. Literally if- if I were in a central E- uh, central American compa- country and my family was at risk of getting shotgunned because there's a drug war, I'm doing everything I can and-

   10. DFDavid Friedberg50:01

       To get out.

   11. MCMark Cuban50:01

       ... I reco- I recognize, you know, that if I just set foot on American soil, I have a chance for asylum and I get that. And I get why Biden and his administration might say, "Just for human- humanitarian reasons, we're gonna increase the number of people that we allow to do that." I understand why he would do it. But at the same time, he opened the door too wide and he made it so that there were too many people that came through, and that created cascading problems. Now to his credit, down, back in June I think it was, he ex signed, he signed an executive order which he now has made permanent, or as permanent as you can as president, that changed, um, that y- it there's no longer the option to just set foot on American soil and be eligible for, um, a hearing for asylum. You can't do that any longer. And to her credit, she worked with the, um, head of, um, the Mexican government and they have taken steps to reduce the flow of people to the border. And so now the number of encounters at the border is about the same as what it was right before the pandemic under the Trump administration. So while he was too long to do it, while he, um, handled it incorrectly overall and the messaging was horrible, I think they got to the right place. But now we have a problem, right, that he created where we have too many, um, noncitizens, illegal aliens, however you wanna call them, howe- however you wanna brand them, and we have to understand how to deal with them. I think that they have talked about, Kamala's talked about first... And even JD Vance said this. First we're gonna get rid of the criminals, which makes sense. But Donald Trump says we're just going to deport everybody. Any illegal, we're just going to port- deport them. Now Obama was the deporter-in-chief. He deported more people than Trump or Biden, over three million people, but he had a specific process in place that everybody could understand. And I think with Trump, remember, um, that Or- Orion Gonzalez kid, the six-year-old kid in Miami?

   12. JCJason Calacanis52:00

       Elian Gonzalez.

   13. HOHost52:01

       Oh.

   14. MCMark Cuban52:01

       Elian Gonzalez, right? Where y- all of a sudden you had these, these cops with, you know, riot gear on and machine, you know, and AR- AR-15s or whatever they use pointing them at a six-year-old kid cowering in a closet. If Donald Trump does that, and that's not contrary to how he approaches things, we could have another series of riots and protests that go really, really bad. And so while I think Biden handled things completely wrong at the beginning, I think with Harris now... And she's saying she'll support the, um, the immigration bill that was bipartisan, et cetera, et cetera, you guys know that. I think she has a more common sense approach to dealing with deportations and getting people through the asylum system. And the asylum, that bill I think said that it would reduce the amount of time to adjudicate asylum to 90 days, which means that there's a chance to get control of this-

   15. DFDavid Friedberg52:55

       Okay. So-

   16. MCMark Cuban52:56

       ... before it turns into a riot.

   17. DFDavid Friedberg52:57

       Okay. So ba- that was border was bad. Anything else bad or should we shift to the good?

   18. MCMark Cuban53:01

       I think the spending was bad. I think, um, that we overspent and I think we went through a period where, uh... And I'm not trying to make excuses for him. I just think, you know, you guys mentioned this before, he did overspend and I think the- the infrastructure bill was good. I think the broadband bill was good and everybody says we spent $42 billion on broadband and got nothing. We should have gone to Starlink. But the reality is the money went to the states and they could buy s- um, Starlink from Elon all they want. So that's just kinda the mainstream media pooh-poohing something they shouldn't pooh-pooh. But the EV stuff, the EV chargers, that's a cluster (beep) . You know? And there's no way around that. And so I think that was bad. Um...

   19. DFDavid Friedberg53:41

       So pork barrel spending, basically unaccountable spending.

   20. MCMark Cuban53:44

       Yeah, no, I think, you know, what they did in healthcare, um, you know, you can take Lina Khan and say what she's doing for the mergers, you know, Albertsons and Krogers, I think is too much. I think, you know, and I even told her this. I sat on a panel sitting right next to her and I said the most important thing from a technological perspective in this country today is that we win AI. That is going to define everything militarily for us and economically for us. And that when you try to break up companies like Google and Facebook, you diminish our ability to compete globally with AI. And she told me no, that she didn't, didn't impact at all, that she understands that and she's heard that before. I think their approach to that is wrong. I think that what she's done with the FTC against pharmacy benefit managers has been good, right? Pharmacy benefit managers are ripping off more companies and costing and increasing the cost of medications more than anything else that's happening in healthcare. And she's called them on the carpet with a recent report and just sued them. I think that's good. Um-... I think in terms of other negatives, like Kamala Harris now, I think, um, the, um, um, filibuster, I think that's a mistake to try to get rid of the filibuster because then somebody else gets rid of it for something else and it's just cascading problems. Um, on spending, we talked about I think he spent too much there.

   21. DFDavid Friedberg55:01

       So what... And what have they done well?

   22. MCMark Cuban55:03

       I think he changed the tone of the country. I think that was really, really important. No one woke up. You know, David calls it mean tweets, but not waking up concerned about mean tweets is important, not waking up concerned about there being some random, um, tariff on your company that you didn't expect, not waking up being accused of, of doing something. I think those were all huge positives. I think, um, supporting workers. I think, you know, just having just a sensibility of, "Okay, we're, we're not in the middle of everything." Th- there just wasn't this uncertainty like every single day that every business woke up with with Trump. Just r- removing that was the biggest positive

6. 55:45 – 1:07:01

   Should Kamala share blame for Biden's failures?

   1. MCMark Cuban55:45

      of all.

   2. DFDavid Friedberg55:46

      So let's look forward now to a Kamala Harris candidacy for president. Of the things... So we know the Donald Trump track record because he gets the credit for the things he got right and he has to take ownership of the things...

   3. MCMark Cuban56:00

      But, but how it's been defined, I'll use the Yemen example again, I'll use the price example in oil again, the, you know, we have Trumpnesia, right? We presume that what he did in terms of the economy and everything and no wars, you know, no... everything was just rosy under Donald Trump. And I think that's another thing that's ne-

   4. DFDavid Friedberg56:21

      I'll be honest, I've never heard this specific theory. I'll take the time to look and figure it out for myself-

   5. MCMark Cuban56:25

      Let's do it. Yeah.

   6. DFDavid Friedberg56:25

      ... and I'll let you... But what I'm curious about is that track record is there. Now, how much of the... and do you think it's important for us to give credit for the good things to Kamala and responsibility for the bad things to Kamala in that so that you have an equivalent A, B comparison? Do you think about it that way or no?

   7. MCMark Cuban56:42

      No. No, I don't. And I'll tell you why.

   8. DFDavid Friedberg56:44

      Okay.

   9. MCMark Cuban56:45

      I'm assuming all you guys have had a boss at one point or another. Yes?

   10. DFDavid Friedberg56:49

       Yeah. Yeah.

   11. MCMark Cuban56:49

       And do you all agree with everything that that boss did all the time? No.

   12. DFDavid Friedberg56:55

       No.

   13. MCMark Cuban56:56

       No. But you had to do what the boss told you to do.

   14. DFDavid Friedberg56:59

       Yeah.

   15. MCMark Cuban56:59

       And that's Kamala's job.

   16. DFDavid Friedberg57:00

       But I li- I like to take credit for when the boss tells me I'm owning something and then I do it.

   17. MCMark Cuban57:04

       Well, but at the same time-

   18. DFDavid Friedberg57:06

       (laughs)

   19. MCMark Cuban57:06

       ... you, you get credit for doing it, but it doesn't matter, you know, if it turns out to be wrong, it's still the boss that's on the hook for it.

   20. DSDavid Sacks57:13

       What about the border, Mark? Because you made a comment about the border and she was declared the border czar.

   21. MCMark Cuban57:18

       Yeah. Again, that, that's branding. I mean, we play branding games with politics all the time. If you look at what her specific responsibility was, I alluded to it earlier, her job was to go to Central America and talk to the heads of the countries there and try to reduce the reasons why people were leaving their countries to go to the United States. I mean, look, what-

   22. JCJason Calacanis57:38

       Why do you think they, uh, opened the border-

   23. MCMark Cuban57:40

       Go ahead.

   24. JCJason Calacanis57:40

       ... so much? I'm wondering, Mark. Th- there is a conspiracy theory or theory, um, you can, you can pick how you want to frame it, that this is to increase the number of Democratic voters. At the same time, we hear that a lot of the folks coming in who are the working class, that the Republican Party is now the populist party so those votes would go to the Republicans. So, uh, you know, I've heard this argument from both sides. What does Mark Cuban think?

   25. DSDavid Sacks57:59

       There's another, there's another theory, an economic-

   26. JCJason Calacanis58:01

       Okay.

   27. DSDavid Sacks58:01

       ... theory, Mark, which is that it increases the base of workers when we're at our lowest unemployment rate in history and inflation is raging. So by bringing in low-cost workers that, that you're, that you're able to get to work at a lower wage rate, you actually have a deflationary effect and a stimulatory effect because then they end up being spenders as well.

   28. MCMark Cuban58:19

       Yeah. And I, and I get the logic there. I don't think they're... I think maybe they might have thought of that earlier and that's why they let too many people in. But I think they realize now that they screwed up. And you've seen that-

   29. DSDavid Sacks58:31

       And that shouldn't be an e- that shouldn't be an executive authority, right? I mean, that should be like a legislative congressional authority that makes that decision and that determination on whether to change immigration policy. Do you think that the executive branch should be able to unilaterally determine who comes into the country without following laws?

   30. MCMark Cuban58:46

       No. No. I prefer that the Congress does it. Unfortunately, that's just not what worked. Look at the SEC with Gary Gensler. The guy's a (beep) moron. And, but, you know-
7. 1:07:01 – 1:21:33

   International conflict, national debt, crypto regulation

   1. DSDavid Sacks1:07:01

      that.

   2. Let's just go outside of America for one second because, Mark, you're Jewish, you're of Jewish heritage. I would really like your opinion on what's happening outside of America. There was some crazy pictures over the last few weeks coming out from the Middle East. There's still all this complications, complicating stuff with China. Where do you stand on all of these things? Where do you stand on the Mearsheimer Sachs, Jeffrey Sachs kind of school of logic that there's a military industrial accomplice that tends to just push us towards these war zones and these forever wars? Where do you just stand on those issues and how do you think about that?

   3. MCMark Cuban1:07:41

      I mean, honestly, I don't have enough information to give you a qual- qualified response. I'm, I'm pro-Israel to the core 'cause I'm Jewish. Um, I'm anti-Hamas to the core. I think, you know, they're terrorists, they are terrorists. Um, I want to see Israel to succeed. I wanna see Israel succeed. I wanna see the United States support them and help them in that. Um, but, you know, when Israel was going into Gaza, I thought it was too blunt an instrument, but when they went after Hezbollah, I thought they did it the exact right way. And so, you know, I'm, I'm always only gonna respond to what I see-

Episode duration: 2:06:27