People have suggested she's going to operate even more to the left of Biden as it relates to regulation, potentially taxes, other things related to business. Kamala Harris is pro-business. Kamala Harris, this is Kamala Harris's campaign. It's not Joe Biden's campaign, right. Kamala Harris is not Joe Biden. [00:00:16] You know, I've talked to the Biden administration, I've talked to the Trump administration, I've talked to the Obama administration. And I think the Harris administration has been most open. Let me just tell you, I probably talked to them, and I know others do as well, 3 or 4 times a week about what's the best approach to taxing the wealthy [00:00:34] and increasing revenues and cutting costs, for that matter. Wealthy man Mark Cuban called in to CNBC to assure everyone that there's no need to panic about Kamala Harris potentially pursuing progressive economic policies, [00:00:49] because it ain't gonna happen. In fact, Mark has been having some interesting conversations, and he's shedding light on those conversations with Kamala Harris. Let's hear more. A lot of folks have come on our broadcast who are critical of the vice president and her campaign have suggested that she's a progressive and that she is [00:01:08] going to operate very similarly to Biden, or in some cases, people have suggested she's going to operate even more to the left of Biden as it relates to regulation, potentially taxes, other things related to business. On the other side, you hear, at least privately, from folks in and around [00:01:24] the Biden campaign saying, no, no, no, no, no, we're really talking to the middle. What do you think is really happening here? Kamala Harris is pro-business. Kamala Harris, this is Kamala Harris's campaign. It's not Joe Biden's campaign, right? Kamala Harris is not Joe Biden. [00:01:40] They're very, very different. She's trying to be. And again, this is my perspective. She's trying to be very respectful of the president and everything he's proposed. She's trying not to directly contradict him in any way, you know, so she talks a little bit around the subject when it comes to taxing in particular. [00:01:56] But she's going center 100%. So look, I am sharing this with everyone because these are the types of clues that should be paid attention to in predicting what an administration is going to be like. Now, I already kind of had an inkling that Kamala Harris [00:02:14] was kind of moving toward, as Mark Cuban is like referring to it, the center when it comes to economic policies. I also got that sense after she became the Democratic nominee. And honestly, in the beginning, Bernie Sanders was just kind of like, hesitant about it. [00:02:29] And I knew that it had to do with where she stands on some of these issues versus Biden, who was a little more left wing on some of these economic policies, relatively speaking. And that, relatively speaking part is really important because obviously, [00:02:46] there's been a lot of neoliberal policies that have been endorsed by Democrats in recent years. So Biden kind of moved on that a little bit. - But what do you think, Jake? - Hey, don't scroll away. Come back, come back. Because before the video continues, we just want to urge you to lend your support [00:03:01] to tight U power our honest reporting. You do it at tight.com/team and we love you for it. First off he said oh they're not the Biden administration. They're more pro-business. Oh boy. I know. Yeah. And then he even mentioned Barack Obama and how she's more pro-business [00:03:19] than Obama. Obama did the bank bailouts in Obama's recovery in 2010. More than 90% of the gains went to the top 1%. If she's more pro-corporate than that, Jesus, what are we going to get? So, progressives, I need you to like, please, I don't want you to get your heart [00:03:35] broken and then, like, collapse into a black pill universe and all despondent. She's not going to do any of the progressive things she's saying or she's not going to do. The overwhelming majority of them, she's going to do the same thing that all Democrats do release valve just 5% to 10% change. [00:03:52] So there isn't like a physical revolution right now. That being said, the Republicans go in the wrong direction opposite direction. They make it more pro-corporate, and Trump is going around bragging about how he's like the most corporate guy in the world, and he's going to give them even bigger tax cuts and more deregulation [00:04:08] and more mergers and everything that they ever wanted. Right? Because he's trying to get their donor money. So it's relative. So as I watched that whole interview. Look, Mark Cuban was a relative good guy here. He's a rich guy saying corporate capital gains is at 24%. [00:04:25] Kamala Harris wants to move it to 28%. And I agree the capital gains tax on people like me should be higher. He's saying, okay, now look, we can make an argument for being a better rate than that and higher than that. And we can agree and disagree in parts with Mark Cuban. [00:04:43] But he's trying to push in the right direction. So he's not the bad guy here. Okay. But when you look at the number that they put up on the screen of Biden saying the capital gains rate should be 44%, that's. But guys, this is the whole conversation is nonsense. [00:04:59] She's not going to move it from 24 to 28. She's not going to move it at all. But Biden said it should be 44. Is it 44? No, it's 24. Because he didn't do anything to move it. He didn't do anything. That's what Democrats do 98% of the time. They give you all these promises during an election cycle, [00:05:15] and then you have debates. Nonsense debates on CNBC about what they're going, what they're promising to do. It doesn't really matter because they almost never do what they promise. So of course, same is true of Trump on steroids. Never. Oh, I promise you the wall. Like a couple of months before the election. [00:05:31] Oh, right. The wall. I forgot about the wall. But he didn't forget to bring corporate taxes from 35% down to 21% and give trillions of dollars to his rich friends. God, I'm so blackpilled. I'm just so black. Like, what are we rooting for here? [00:05:46] - You know what I'm saying? - Like, I know that's a great question. What are we doing? Like what? What am I supposed to do? I'm supposed to cheerlead that. No. You should vote for. I don't know. Anyway. Go ahead. Tell me. Yeah. Tell me what we should root for. - So, look, guys. - There's. A camp that says, oh, Kamala Harris is the savior. She's going to be amazing. She's going to do all these things. [00:06:03] And by the way, 90% of that camp, after she becomes more establishment Democrats right after she doesn't do those things, they'll come back and yell at us and go, oh, that's unreasonable to ask for her to do all those things. Well, then why are you excited about it now? When you later, you're going to tell me that she had no chance of ever [00:06:20] passing them and the parliamentarian. And we're unreasonable for asking her to do the things that she promised, right? So that's the same cycle that happens every time with the Democrats. The Republicans are even more corporate, etc., as I explained, and Donald Trump is a raging lunatic. So what am I fighting for as a populist progressive? [00:06:37] I'm fighting to live today, to fight another day. Okay, so Trump is so unhinged. He's talking about arresting his political opponents. He's talking about arresting anyone that he says doesn't, you know, doesn't [00:06:54] agree that there was mail in fraud. You don't. The election hasn't even happened, he says. Unhinged things 24 over seven makes up crazy stuff and and has already tried to end democracy and said that we should terminate the Constitution. And no, he wasn't joking. No, it wasn't taken out of context. [00:07:11] When he lost the election, he said, let's just get rid of the Constitution. I'm not handing the country over to a madman. So now, but I don't think Kamala Harris is the savior. So what we're doing is live to fight another day. At some point, you need a populist to rise up on the Democratic side [00:07:31] and win a presidential primary, and then you've got a fighter's chance. But right now, we're just like, it's this election is to just survive. We are not going to get to have a vote for a populist progressive [00:07:48] or an economic populist on the right. You're not going to get to vote for any of those guys. If you put in the guy who says, if I lose, then then it it wasn't a real election. It was rigged with no evidence at all. And a giant liar who doesn't like the idea of democracy [00:08:04] and has said it a thousand times. Right. How much clearer does he have to be? So I will hold Kamala Harris accountable. We all need to hold Kamala Harris accountable. If you go back to, oh, I will bow down to Kamala Harris, we should always bow down to the Democrats, even if they never deliver, then no, [00:08:22] we gain nothing from this election. We have to survive. And then, for God's sake, a populist progressive must win in a primary. Otherwise we will live in corporate rule forever. Yeah. The idea of holding Kamala Harris accountable. [00:08:39] Let's also not pretend like that's a possibility. They don't care what we think. They don't care that we're upset at the broken promises. I mean, look at Joe Biden. I mean, he hasn't moved an inch when it comes to, you know, the war in Gaza because he doesn't care. [00:08:56] It doesn't matter to him. Right? Like we're nothing to him and we're nothing to Kamala Harris either. She wants to win. They're going to tell us what we want to hear right now, but it's important to pay attention to what kind of conversations are happening in the rooms that we're not in. And that's what Mark Cuban is shedding light on. [00:09:12] So let's watch the next clip and hear what he has to say about where she's getting her advice on economic policies. You know, I've talked to the Biden administration, I've talked to the Trump administration, I've talked to the Obama administration. And I think the Harris administration has been most open. [00:09:27] I mean, they've been very clear to me and other business people that, look, we realize that rich people have to pay their fair share, but we don't have all the answers. So Mark and others, what do you think is the best approach to taxing wealthy people [00:09:43] so that they pay their fair share to help contribute to reducing the deficit? And we can come up with some new ideas. And let me just tell you, I probably talked to them, and I know others do as well, 3 or 4 times a week about what's the best approach to taxing the wealthy and increasing revenues and cutting costs for that matter. [00:10:02] You know, credit to Kamala Harris. That is a good source of information. I, too, like to ask the criminals how they'd like to be punished for the crimes they've committed. Yeah, I know you're using an analogy here. And so, and look, on the one hand, should you talk to business people [00:10:17] and get their perspective? Of course you should. Right. But you should also talk to other people. You know, you should talk to everybody. Progressive, economists, conservative economists, because you don't want to miss anything, and you don't. [00:10:34] Because especially when you're doing regulation, if you do something slightly wrong, it could lead to bigger problems. Okay. But once you've talked to everyone, you should make up your own mind and actually deliver for the American people. But what Anna and I are worried about is if you're talking to business leaders [00:10:51] 3 to 4 times a week, as Cuban just said, that means that's the main people you're talking to, and you're getting that perspective, which and even if they're good guys, they're going to give you the perspective of, oh, well, look, not too much taxes, not too much regulation. [00:11:07] And remember, we have to have the mergers and the stock market is paramount. So make sure the stock market is roaring. Right. They won't they won't even think that. That's an open question. They all assume that that's your main goal is to help the stock market. [00:11:22] But that doesn't help the average American much at all. And they're not even having that conversation. Instead, they're having this conversation 3 to 4 times a week. I want to go to one more clip of the conversation and get a load of the framing from Andrew Ross Sorkin here. Let's watch. [00:11:38] What are the kinds of people you think she's ultimately going to appoint to her cabinet and around her? And I'm thinking of a Treasury secretary. I'm thinking of I have no idea, you know, folks who are going to run Commerce. But but I think it's an important question. I think it's a question about who's going to run the FTC, who's going to run antitrust for the DOJ. [00:11:55] I mean, the Biden administration did not surround itself with with virtually anybody from the private sector. Right. I agree with you 100%. So two things. One, I told her, I told her team, look, put my name in for the SEC. It needs to change. And two, that I've strongly suggested that she put together [00:12:14] a multi-level business advisory group. And they said once we get past the debate, it's something we're going to look very strongly at. And when I, you know, the details of that that I suggested were one, you have small entrepreneurs and just a council of those types of business people. Two medium sized companies, because they have different issues [00:12:32] than smaller, larger. And then, you know, the big companies because they're going to have a completely different perspective. Yeah, guys, we live under corporate rule. So my bias is that I kind of like Mark Cuban. And there's things that I disagree with him and things I've [00:12:47] gotten angry about in regards to him. ET cetera. And here as I watch the whole interview, he's trying to get to the right place. But there's a giant problem here. Here's a Democratic donor saying, why don't you give me the FCC? On the other side, Trump is saying, oh, Elon Musk gave me a lot of money, [00:13:04] so I'm going to have him audit the entire government and restructure the entire federal government because he's my donor. We've turned this into an open auction where the different donors are talking to both Kamala Harris and Donald Trump about how much they can help [00:13:20] corporate rule and corporations. And they've totally lost the thread on how to help the actual average American. So this is exactly what's wrong with the system. Thanks for watching The Young Turks really appreciate it. Another way to show support is through YouTube memberships. [00:13:36] You'll get to interact with us more. There's live chat emojis, badges. You've got emojis of me Anna John Jr. So those are super fun. But you also get playback of our exclusive member only shows and specials right after they air. [00:13:52] So all of that, all you got to do is click that join button right underneath the video. Thank you.