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The New Abnormal

Spare Us the Crocodile Tears, Bill Ackman

The New Abnormal

The Daily Beast

News & Politics

4.67.9K Ratings

🗓️ 8 April 2025

⏱️ 63 minutes

🧾️ Download transcript

Summary

The New Abnormal hosts Danielle Moodie and Andy Levy say MAGA billionaires like Bill Ackman can’t act shocked by the Trump administration’s economic policies when the president ran on them. Then, The Bulwark editor Jonathan V. Last discusses why he believes the American-led world order is over. Plus, Semafor finance and business editor Liz Hoffman talks about why Wall Street is suddenly panicking about Trump's economic agenda.

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Transcript

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0:00.0

Hi, I'm Andy Levy, former Fox News and CNN-HLN guy and current cable news conscientious objector.

0:06.1

I'm a former libertarian who now sits pretty comfortably on the left.

0:09.6

Hi, I'm Danielle Moody, former educator and recovering lobbyist.

0:13.4

But today, I'm an unapologetic, woke commentator on America's threats to democracy.

0:18.5

And I'm producer Jesse Cannon, and I'm here to make sure things don't go too far off the rails. We're here to have fun, smart conversations with some of

0:25.6

the most knowledgeable and entertaining people in politics, media, and beyond. Our goal is to try

0:30.8

and make sense of our current crazy world, our new abnormal, and hopefully even make you laugh

0:36.3

through the tears.

0:39.1

What a great show we have for you today.

0:43.2

Jonathan V. Last, editor at the bulwark and author of the newsletter at the Triad,

0:48.3

joins us to explain why he believes the American-led world order is over and why from Canada to China the rest of the world is moving on.

0:50.3

Then, semaphore business and finance editor Liz Hoffman is here to explain why the

0:54.2

capital class is suddenly panicking about Trump's economic agenda and why the markets, not the media,

0:58.9

might be the loudest voice of opposition. But first, let's have some fun. I know that we never

1:04.1

talk about good news on this show, and so just for a brief moment, wow, as it is being reported right now, over 5 million people showed up for

1:15.5

the hands-off nationwide rallies on April 5th, which was Saturday. And it was a site to be seen

1:22.9

across the country, even in some of the reddest of places that Donald Trump won by some double digits.

1:29.4

People were out in the streets protesting, and it was amazing. And I think it is just the beginning.

1:34.9

It was incredible to see all the pictures on social media and wherever of just all across the

1:41.2

country, just people turning out in droves.

1:45.2

And there's been a lot of reporting lately about how, oh, there's no real resistance this time

1:50.8

around.

...

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