Jamie Dimon Rips Biden Admin. Wasting Money on Green Stuff and EVs: They Knew It Isn’t Going to Work

MODERATOR So you re ░░░░░░░░ about a total realignment ░░░░░░░░ the global order We ░░░░░░░░ talking about a restructuring ░░░░░░░░ simultaneous reassertion of American ░░░░░░░░ in the middle of ░░░░░░░░ this Huge gamble afoot ░░░░░░░░ now with some of ░░░░░░░░ policies that are coming ░░░░░░░░ and how they re ░░░░░░░░ shape What does it ░░░░░░░░ for it to pay ░░░░░░░░ DIMON You know I ░░░░░░░░ just a list of ░░░░░░░░ OK We have to ░░░░░░░░ the grievances that have ░░░░░░░░ us in this position ░░░░░░░░ start with and they ░░░░░░░░ real OK Immigration what ░░░░░░░░ hell are we doing ░░░░░░░░ know the 20 the ░░░░░░░░ 20 percent of our ░░░░░░░░ you know their wages ░░░░░░░░ t go up for ░░░░░░░░ years They re dying ░░░░░░░░ years younger You know ░░░░░░░░ when administrations you know ░░░░░░░░ Biden Administration was giving ░░░░░░░░ this money to EVs ░░░░░░░░ cars and wasting a ░░░░░░░░ of money on green ░░░░░░░░ which isn t going ░░░░░░░░ work and all that ░░░░░░░░ you think people in ░░░░░░░░ cities do you think ░░░░░░░░ in inner cities thought ░░░░░░░░ were getting anything Do ░░░░░░░░ do they do you ░░░░░░░░ that those people think ░░░░░░░░ the American government is ░░░░░░░░ and competent and that ░░░░░░░░ was in their best ░░░░░░░░ Their schools don t ░░░░░░░░ They re not getting ░░░░░░░░ skills they need And ░░░░░░░░ heard that just now ░░░░░░░░ we ve got to ░░░░░░░░ that And I also ░░░░░░░░ it blue tape because ░░░░░░░░ know Republicans generally don ░░░░░░░░ like red tape You ░░░░░░░░ the devastation of it ░░░░░░░░ you know most Democrats ░░░░░░░░ love it They want ░░░░░░░░ of it and they ░░░░░░░░ to make it so ░░░░░░░░ You can t even ░░░░░░░░ the rules so you ░░░░░░░░ punished and fined afterwards ░░░░░░░░ so you know we ░░░░░░░░ then you have permitting ░░░░░░░░ you know I call ░░░░░░░░ government the leviathan that ░░░░░░░░ too weak can t ░░░░░░░░ stuff done and too ░░░░░░░░ and imposes things on ░░░░░░░░ American public that they ░░░░░░░░ getting sick of and ░░░░░░░░ should be getting sick ░░░░░░░░ it and acknowledge that ░░░░░░░░ our virtues freedom of ░░░░░░░░ freedom of religion freedom ░░░░░░░░ enterprise equal opportunity family ░░░░░░░░ country You know and ░░░░░░░░ can acknowledge the flaws ░░░░░░░░ we have which are ░░░░░░░░ we did to the ░░░░░░░░ population for years Don ░░░░░░░░ denigrate the great things ░░░░░░░░ this country because those ░░░░░░░░ two different things If ░░░░░░░░ have a in any ░░░░░░░░ if you put a ░░░░░░░░ on the field and ░░░░░░░░ re the team s ░░░░░░░░ apart they re going ░░░░░░░░ lose And that s ░░░░░░░░ of us right now ░░░░░░░░ know we re not ░░░░░░░░ re not a team ░░░░░░░░ and we don t ░░░░░░░░ we don t talk ░░░░░░░░ much to each other ░░░░░░░░ with our policy And ░░░░░░░░ this is the enemy ░░░░░░░░ We ve got to ░░░░░░░░ our permitting our regulations ░░░░░░░░ immigration our taxation which ░░░░░░░░ I think they re ░░░░░░░░ their way We have ░░░░░░░░ fix our inner city ░░░░░░░░ our healthcare system We ░░░░░░░░ we fix those things ░░░░░░░░ can grow 3 percent ░░░░░░░░ year and all these ░░░░░░░░ will disappear But the ░░░░░░░░ important is maintain those ░░░░░░░░ alliances Spend whatever you ░░░░░░░░ to spend to have ░░░░░░░░ strongest military in the ░░░░░░░░ and keep and I ░░░░░░░░ the goal I m ░░░░░░░░ the goal of the ░░░░░░░░ Administration is this keep ░░░░░░░░ Western military alliances together ░░░░░░░░ the world cannot rely ░░░░░░░░ America s military umbrella ░░░░░░░░ may have paid too ░░░░░░░░ we have not done ░░░░░░░░ if the world can ░░░░░░░░ rely on it they ░░░░░░░░ going to be looking ░░░░░░░░ alternatives only one other ░░░░░░░░ alternative out there or ░░░░░░░░ a nuclear weapon And ░░░░░░░░ maintain and expand and ░░░░░░░░ our economic alliance We ░░░░░░░░ tons of treaties economic ░░░░░░░░ We do a terrible ░░░░░░░░ in development finance but ░░░░░░░░ know expand that The ░░░░░░░░ like you know beating ░░░░░░░░ Europe the goal should ░░░░░░░░ help Europe get stronger ░░░░░░░░ know what their problems ░░░░░░░░ Keep them closer You ░░░░░░░░ do the trade agreements ░░░░░░░░ investment agreements they ll ░░░░░░░░ the Western world together ░░░░░░░░ two things will keep ░░░░░░░░ world safe and free ░░░░░░░░ democracy If we don ░░░░░░░░ do those things the ░░░░░░░░ is not safe and ░░░░░░░░ for democracy And so ░░░░░░░░ s what we have ░░░░░░░░ do And people know ░░░░░░░░ they are We ve ░░░░░░░░ written about it We ░░░░░░░░ have failed to actually ░░░░░░░░ it.”