4.2 • 7.1K Ratings
🗓️ 31 December 2025
⏱️ 103 minutes
🧾️ Download transcript
(0:00) Bestie intros! Nick Shirley joins the show to discuss his recent investigation on potential daycare fraud in Minnesota
(3:32) Nick's background, how he got into investigative reporting and YouTube, independence, finding this story
(16:36) Why this fraud story is resonating, why the national press initially avoided it
(30:08) Future plans, California, possible Al-Shabaab connection, how high up does Minnesota's fraud go?
(49:15) What the scale of fraud means for America, Minnesota's future, potential patronage scheme
(1:09:06) CA's wealth tax: normalizing the seizure of private property
(1:33:56) Chamath breaks down the $20B Groq-Nvidia deal
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Referenced in the show:
https://x.com/nickshirleyy/status/2004642794862961123
https://www.nytimes.com/2025/11/29/us/fraud-minnesota-somali.html
https://www.fox9.com/news/fraud-minnesota-detailing-nearly-1-billion-schemes
https://x.com/EricLDaugh/status/2005410646603473256
https://x.com/kevinkileyca/status/2006053056660541840
https://x.com/chamath/status/2006087862492582084
https://x.com/C_3C_3/status/2005722313795440956
https://x.com/OliLondonTV/status/2005988021946999166
https://x.com/tomhennessey69/status/2005556784228909441
https://x.com/WallStreetApes/status/2005849513676923358
https://x.com/MarioNawfal/status/2005179409465299219
https://dcyf.mn.gov/programs-directory/child-care-assistance-program
https://x.com/susancrabtree/status/2006079778873565541
https://x.com/chamath/status/2005386348169953607
https://x.com/aaronburnett/status/2003874734661161064
https://newsletter.amuseonx.com/p/the-somali-patronage-system-has-taken
https://x.com/realdailywire/status/2006122428196442388
Click on a timestamp to play from that location
| 0:00.0 | All right, we have a massive show for you today, besties. |
| 0:03.4 | But it's not going to be our prediction show. |
| 0:06.2 | We thought we were doing predictions, end of the year. |
| 0:08.0 | But we had so many amazing stories to cover in the news that we're going to do predictions next week. |
| 0:13.4 | The first story is we have investigative journalist Nick Shirley on. |
| 0:17.9 | He has uncovered in a breaking 42-minute video that went viral, $110 million in |
| 0:25.1 | potential fraud in Minnesota. |
| 0:26.3 | It's part of $9 billion in overall fraud, and we've got him on the show here exclusively. |
| 0:31.1 | This video, apparently perhaps prompted responses from Cash Patel and DHS Secretary |
| 0:37.2 | Christy Noem, who have sent |
| 0:39.6 | agents in to inspect these facilities. |
| 0:42.0 | Here's some sort of important contacts. |
| 0:44.7 | These entitlement frauds in Minnesota have been going on for over 10 years. |
| 0:49.3 | It's a 13, 14-year-old story. |
| 0:50.9 | It's started by an investigative reporter named Jeff Baylon launched his first |
| 0:56.2 | investigation into this in February of 2013 at Fox 9 News, local investigative journalists. |
| 1:03.0 | And after that expose, charges were brought in 2014 against a Somali woman and her husband. |
| 1:09.0 | They skip bail out. they never faced trial. |
| 1:14.1 | Here's a 45-second clip from 2016 from Baylon. |
| 1:18.8 | Ali is facing numerous counts of theft by swindle and racketeering. |
| 1:23.9 | She ran a daycare business and home health care company that catered to low-income families. |
| 1:33.3 | But former employees told the Fox 9 investigators back in 2013 that it was really part of a scam to collect millions in public subsidies. When I saw the bank account for the business, there were large cath withdrawals on a continuous basis. |
... |
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