E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more

Each other today or, you know, he's an Iso player. He turned into an Iso player. He's like the Carmelo Anthony of this.

He's the Carmelo Anthony of the all in pod. Sachs, you want to pass the ball or you want to clank it off the rim?

Raymond. Clank.

I think we should have a focus on having a dialogue with each other today. Several points in the thing as opposed to all standing up, saying our piece, and then hopping.

Sachs. We lost a little bit of the fiber of this team here. There's three people playing as a team, and then there's, like, facts.

I would love to ask you questions, and I would love to pass the ball.

J Cal, you're the guard. You pass the ball. I'm supposed to score.

Oh, really?

Remember what Shaq used to say when he wasn't getting the ball? He gets really unhappy. He said, pass the ball to the big dog. He'll score. I'm Shaq. You're not Kobe. Who is the shitty little, like Derek Fisher? Yeah, you're Derek Fisher. Make sure the big dog gets the ball. There won't be any problems.

I'm Bob Koozie. Okay. I'm Gary Payton. In this.

We open sources to the fans, and they've just gone crazy with it.

Love you, wet ice queen of Kinwa. Hey, everybody. Welcome to the all in podcast, where three besties talk about a range of topics and one monologues about Biden Derangement syndrome. With you again this week, the Sultan of science and the dictator Chamath Polyhapatia David Friedberg. And playing Iso ball, somewhere in the wing is your political commentator, Tucker Jr. David Sachs.

It's an active projection story which Sachs.

Is going to lose his mind over. He's got two monologues prepared. Justin Trudeau has invoked an emergency order to freeze bank accounts linked to trucker protests in Canada. On Monday, Trudeau invoked an emergency law that requires financial institutions in Canada to examine customer records and take action against people involved with or aiding in the protest. Here's Trudeau's tweet from yesterday. If you're watching on the video streams, illegal blockades and occupations are not peaceful protests. They're a threat to jobs and communities and they cannot continue. In the House of Commons earlier today, I joined members of the parliament to speak about that and about the need to invoke the Emergencies act. The countersignal, which is a right leaning canadian digital publication, reported that 34 different crypto wallets were also being targeted by canadian officials. This law grants the government extraordinary powers, like the right to ban public assembly in certain locations. The Canadian Civil Liberties association said it planned to challenge the government's decision in court. Remember, Sachs wrote a piece on financial deplatforming for Bari Weiss's common sense about a year ago. The piece was about the private sector financial platforms deplatforming, folks. So your thoughts? Sachs, you have 90 seconds on the.

Uninterrupted clock, on the shot clock. All right, thank you, Jcal. It's true. Last summer I wrote a piece for Barry Weiss substack talking about how financial deplatform would be the next wave of online censorship. And here we are. It's actually happened. What I could not have predicted is that it would occur in our mild mannered neighbor to the north and that the reprisals would be directed by the government itself, not just a consortium of private actors. And what Trudeau has done is he didn't just employ the emergency act against the truckers so that he could basically arrest them and break up the protests. They have now directed banks and any financial institution, even cryptocurrency wallets, to freeze the accounts. Not just of the truckers, but anybody who's contributed to them, basically anyone who's contributed $25 or more. There were two crowdfunding sites that they raised money from. All those people, the thousands of just ordinary Canadians who did nothing more than contribute to an anti government protest, they are now at risk of financial ruin because their bank accounts have been frozen. And you have to wonder, what is the end here that justifies the, you know, Omicron is on the wane. It's on its way out. At the same time that Trudeau was announcing these dictatorial measures, Ford, the guy who runs Ontario, the largest province, 15 seconds. Ford was out there saying that Covid mandates were going to be over. So why exactly are they doing this? We're at the end of COVID Zach.

Let me ask you a question.

Go for it.

If there were people online making donations to the criminals who loot and kill people in San Francisco, which you've railed against, being criminals who are breaking the law and should all be put behind bars, do you think that it would be appropriate in that context for the government to block their donations to supporting criminal activity in a criminal ring that I think we all agree shouldn't be transpiring?

Well, but the implication there is that truckers are using violence or something like that. And they're not. I mean, it's been largely a peaceful protest. It's been very annoying to people who's.

But isn't the case being made that they are actually breaking the law by blocking streets and there's a peaceful protest where you can go and get a permit and actually go in a public zone and peacefully protest within the confines of the law and what's allowed in that jurisdiction? Look, but what these folks are doing is civil disobedience, which is not a peaceful protest. It is kind of breaking the law to make a point.

It is peaceful because there's been no violence. If you look at actual.

They're breaking the law, right?

Well, let me ask the question for Freeberg then, Sachs. If a group of truckers were shutting down the bay bridge with three lanes of traffic and then shut down the 280 and the 101 and it impacted this, if they in fact are shutting.

Down roads, our businesses and our emergency.

Can'T get through, would you want them to be towed? Would you want their cars to be towed?

Listen, here's the thing. The ambassador bridge, this vital choke point of commerce between the US and Canada, that was blocked and that was creating a serious problem. But it had already been cleared on Monday by the time that Trudeau invoked the emergencies act. And then on Tuesday, he then invokes your opinion.

Sachs, if they block roads and bridges, would you. Yeah, if they're breaking the law in that way in one lane, it's all.

Three lanes damages society. I'm just trying to understand the standard here because just zooming out to last year and the year before, right, there was a protest happening with BLM. And those BLM protests resulted in damage to private property, to burning cars. There were protests at the Capitol that involved folks trespassing into federal land and federal buildings. And now there's protests that are blocking vital trade routes and access to emergency vehicles and all this sort of stuff. To me and also people in San Francisco breaking the law and not being put in jail, my personal opinion is anyone that's breaking the law, we should stop them from breaking the law. And anyone that wants to kind of follow a peaceful protest or make a point should kind of make the point. But if the law is the law, shouldn't there be a universal standard to hold up the law? And if the case is people are giving money to aid in breaking the law, shouldn't we stop the transmission?

Hold on a second. Look, I think you're conflating a bunch of really important things there. Aiding and abetting criminals is already illegal. There are RICO statutes that allow the authorities to go after people that are aiding and abetting through monetary support, criminal behavior. Separately, there is a whole body of law at the federal, state, local level that allows you to deal with protests.

Okay?

The real question is, why did you have to go and invoke emergency powers at the tail end of a pandemic for what is effectively nonviolent protests? Again, that's the key question. Right. So just to give you some canadian history, as a canadian citizen, what I can tell you is that we've invoked this emergency powers act three times in the past. The first was for World War II, the second, sorry, World War I. The second was for World War II. And the third was the FLQ crisis, which was a domestic terrorist organization in Quebec that was fighting for a separate homeland. Those are the three other times in the past that a sitting prime minister has invoked these broad, sweeping emergency powers. And they did it because you exhaust the natural body of law and the constitution and the bill of the Charter of Rights that governs the normal behavior of a democratic society. What this was is not any of those things. I don't think anybody could claim that a bunch of nonviolent protests, yes, they were annoying, yes, they basically stopped some commerce. But I don't think it was on the order of World War I, World War II, or a domestic terrorism issue like the FLQ Cris. So why invoke this basically get out of jail free card where you can behave without any checks and balances?

This is the confounding.

Hold on a second. Did we exhaust the current body of normal governing law? And if we didn't, why is this example? Okay, and the counterfactuals are so many. Imagine Trump invoked this thing during BLM. Imagine Biden did this right now, you would be up in arms.

I think that's well said. Let me just add something to that. The Emergencies act that Trudeau invoked requires something like an act of espionage against the country or the word serious violence, or in the law or the threat of serious violence. Those conditions were simply not met. And then on top of that, to go after people who contribute as little as $25 to these truckers who are trying