The DSA Is More Sinister Than You Think, Caleb Hammer Explains Taxes, & Alex Karp Pops The AI Bubble

On the eve of America's 250th birthday, Tom and Drew take stock of what actually built the most prosperous nation in history — and what's quietly tearing at it. The through-line: a rising socialist movement that says it's fighting for the working class, and the mechanism that shows it robs them instead. They trace it from the "overproduction of elites" driving the DSA, to the one American town that ran the most sincere socialism experiment ever attempted (and what happened two years later), to why inflation is the real theft from working people. Plus: what China understands about energy that's left the West rationing AC, the truth hiding under Trump's growth numbers, Michael Saylor's high-wire bitcoin bet, Palantir CEO Alex Karp's CNBC blow-up over who really owns your data, and the collapse of free speech playing out in the UK. 00:00 Intro 06:00 The foreign-born American Vs the rise of socialism 15:56 The "overproduction of elites" behind the DSA 25:22 Why inflation is theft from the working class 30:17 New Harmony: America's most sincere socialist experiment (1825) 51:10 How taxes actually work — and who really pays 1:06:17 Mamdani's AC tweet and What China understands about energy that we don't 1:19:00 Trump's economic claims — and what the growth number hides 1:26:14 Michael Saylor, bitcoin troubles 1:33:09 Alex Karp's CNBC crash-out on AI 1:51:58 The UK and the erosion of free speech Sign up for my AI Masterclass:  https://tombilyeu.com/ai-masterclass?utm_campaign=TBS-Livestream&utm_source=youtube&utm_medium=social Check us out wherever you get your podcasts: Spotify:https://open.spotify.com/show/1nARKz2vTIOb7gC9dusE4b?si=a8daffd2bf1f48fd Apple: https://podcasts.apple.com/us/podcast/tom-bilyeus-impact-theory/id1191775648 Do you need my help STARTING a business? Join me here inside ZERO TO FOUNDER: (https://tombilyeu.com/zero-to-founder) Get the exact systems, mindset shifts, and principles that built a $1B brand delivered straight to your inbox every week. Subscribe for free (https://tombilyeu.com) Check out our Video game - Project Kyzen: (https://projectkyzen.io/) Catch Me Streaming on Twitch -  (https://twitch.tv/tombilyeu) Link to IT discord: https://discord.gg/TZKJ2etPbT Tom's Favorite Things List:  https://amzn.to/41Ftt7e FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu Twitter: https://x.com/TomBilyeu YouTube: https://www.youtube.com/@TomBilyeu