Joe Lonsdale argues that excessive regulations allow government agencies to selectively harass business leaders who express dissenting views.
Disclosure
Lonsdale: Fund managers hide conservative views to preserve pension fund LP capital
“And I have a lot of friends who in person are like, Joe, I totally agree with you. This is crazy. Like, I can't believe they're doing this. This is so wrong. But of course, I can't say that in public. I'd mess up all my fundraising with all these pension funds…”
Assertion Supported
Lonsdale: Harris-Warren price gouging proposal covers 23,000 large companies
“Well, if you look at the price gouging law that Kamala Harris and Senator Warren and all these people on the very extreme left were putting forward, it's actually something that applies to about 23,000 big companies, and it would give them a lot of arbitrary p…”
Assertion Partly supported
Lonsdale: US federal government abandoned merit-based testing 45 years ago
“So this was basically a form of DEI. It's like proto-DEI in the late seventies, and it was under Jimmy Carter's administration, and then eventually the courts pushed it and finalized it in the early eighties. So for 45 years, We haven't had merit-based tests i…”
Assertion Not checkable as stated
Lonsdale: Palantir Helped Reduce IED Deaths in Iraq
“Palatine worked because we worked really closely with a lot of the special forces communities and the teams and people like that who were competent, and we helped go to Iraq, we helped reduce the number of IED deaths, and really kind of, you know, fix things, …”
Opinion
Lonsdale: Billionaires avoid public attacks by echoing moderate Democratic stances
“If you're a billionaire in our country, If you just put out, like, standard kind of moderate left Democratic stuff that goes along with that party, then you're like, you're totally fine, and everyone's going to like you, and everyone's going to not attack you.”
Insight
Lonsdale: Recessions are necessary to prune unproductive parts of the economy
“Recessions are actually good to have every once in a while. They clean out a lot of nonsense. You know, what happens is there's a lot of resources being used for things that are not productive in the economy, and you need a sensor mechanism. You need certain t…”