54. Fauci Steps Down | Pelosi's Suspicious Nvidia Stock Trade | Is Student Debt Forgiveness a Mistake?
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Welcome back to another episode of The Skepsis Telegraph where we look into what we do not know about what we do know. And on today's episode we know that Fauci is stepping down from his current position is director of the NIAID (I think I spelled all of that right). It is no surprise as he has been talking for a while about Biden's presidential term being a natural deadline for him to step away. But are there some aspects of this we may not be told about? But first we start off with a little bit of fight talk about the recent events to get things warmed up.
We then talk about if forgiving all this student loan debt is a mistake or not. On the previous episode, Jesse asked if there would be after-effects of such a large forgiveness of debt having an impact on other areas of our economy. Naturally, this is a fair question. I believe Jesse found a source that answers those questions. So are there some things we do not know about whether or not student loan forgiveness is ultimately a good thing for the whole of society? Or will everyone else bear the weight of increased inflation and taxes later on?
We then talk about Paul Pelosi having sold tons of stock in Nvidia right as a new bill regarding sitting members of Congress actively trading in stocks. This seems like such an obvious conflict of interest, and when we dig into the things we do not know about this situation, it seems pretty clear that there is some insider trading happening. Nancy and Paul Pelosi, among others are always trading stocks at the right time to minimize losses and maximize gains. Jesse enlightened me that Nancy Pelosi is actually a better trader than Warren Buffet! What?!?!
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Here is the open letter to Fauci from 1988 discussed in the episode:
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