AI transcript
0:00:02 Support for this show comes from Contentful.
0:00:05 Marketers, you know that feeling when your content just works.
0:00:11 When you crush a viral trend before 10 a.m., when one tweak to a landing page sends click-through rates through the roof.
0:00:14 That’s Contentful, dynamic content made blissfully simple.
0:00:19 Contentful helps you create and launch personalized experiences instantly across any digital channel.
0:00:25 Breaks silos to streamline workflows, execute faster campaigns, and analyze performance metrics in real time.
0:00:31 Take the chaos out of managing and delivering content so teams can easily orchestrate impactful, data-driven campaigns.
0:00:34 No limits, no stress, only possibilities.
0:00:37 Come get the feels at Contentful.com.
0:00:40 That’s C-O-N-T-E-N-T-F-U-L.com.
0:00:42 Contentful.com.
0:00:50 There’s a lot nobody tells you about running a small business, like the pricing.
0:00:52 The marketing.
0:00:53 The budgeting.
0:00:55 The accidents.
0:00:56 The panicking.
0:00:57 And the things.
0:00:58 And the things.
0:01:00 And the non-stop things.
0:01:04 But having the right insurance can help protect you from many things.
0:01:09 Customize your coverage to get the protection you need with BCAA Small Business Insurance.
0:01:15 Use promo code PROTECT to receive $50 off at bcaa.com slash smallbusiness.
0:01:18 Megan Rapinoe.
0:01:18 Megan Rapinoe here.
0:01:28 This week on A Touch More, we’re talking all about the WNBA All-Star roster with ESPN analyst and former All-Star herself, Chanae Agumike.
0:01:32 She also tells us what she wants to see from the CBA negotiations.
0:01:37 Plus, I’m sharing some of the record-breaking updates from the Euros in Switzerland.
0:01:42 Check out the latest episode of A Touch More wherever you get your podcasts and on YouTube.
0:01:49 I’m Scott Galloway, and this is No Mercy, No Malice.
0:01:58 What would a modern-day Gestapo with Wi-Fi and drones targeting people based on their identity, not their behavior, look like?
0:02:00 We know what it looks like.
0:02:01 It’s called ICE.
0:02:05 ICE Age, as read by George Han.
0:02:15 President Trump is no longer fighting inflation, China, or AI.
0:02:25 Instead, he’s declared war on a manufactured threat, the enemy within, immigrants, journalists, and professors.
0:02:31 Our biggest threat, apparently, isn’t Russian aggression or economic inequality.
0:02:34 It’s your Uber driver or anthropology professor.
0:02:41 This is not only cruel and depraved, but stupid.
0:02:50 As the chill being cast across the agriculture, services, and construction sectors will likely be more inflationary than the tariffs.
0:02:52 More stupidity.
0:02:58 Trump’s goal is to deport 4 million undocumented people over four years.
0:03:01 That’s about 3% of the U.S. workforce.
0:03:05 10 to 15% in several sectors dependent on immigrant labor.
0:03:11 The big, beautiful bill signed into law on July 4th isn’t about border security.
0:03:16 It’s a blueprint for mass detention and deportation.
0:03:20 A $75 billion hammer in search of a scapegoat.
0:03:32 Under the law, ICE gets funding that rivals the military budgets of Italy or Israel to build sites like the facility in the Everglades, nicknamed Alligator Alcatraz.
0:03:33 The goal?
0:03:35 Fear.
0:03:38 This isn’t law enforcement.
0:03:44 It’s authoritarian cosplay designed to scare the electorate and silence dissent.
0:03:53 Trump’s war doesn’t punish behavior, but identity, as immigrants from certain countries and ethnicities are targeted.
0:04:02 Federal agents in full tactical gear swept through a park in Latino-heavy L.A. this week just to make a point.
0:04:03 The mayor said,
0:04:04 The mayor said,
0:04:07 It’s the way a city looks before a coup.
0:04:09 Question.
0:04:14 What do stormtroopers, the KKK, and ICE have in common?
0:04:17 A mask.
0:04:21 ICE has become Trump’s personal Praetorian guard.
0:04:30 Minnesota Governor Tim Walz, Vice President Harris’ running mate, was excoriated for comparing ICE to the Gestapo.
0:04:33 But spare us the bullshit indignation.
0:04:43 Masked agents in fatigues, raiding churches and schools, separating families is not modern America, but 1930s Europe.
0:04:45 Or is it?
0:04:55 In the 2026 fiscal year, ICE will receive over $11 billion, a 10% increase from current funding.
0:04:58 The new law will more than double that.
0:05:06 It authorizes the hiring of 10,000 agents, bringing ICE’s force to nearly 30,000.
0:05:17 In 1944, Nazi Germany had 32,000 Gestapo officers and $2 billion, inflation-adjusted, in funding.
0:05:20 They were fighting a world war.
0:05:24 Trump is fighting home health aides and Uber drivers.
0:05:30 ICE claims it’s targeting the worst of the worst.
0:05:39 But fewer than one-third of the record 59,000 immigrant detainees have been convicted of any crime.
0:05:40 The rest?
0:05:44 A. Immigrants who didn’t look like the typical Iowa voter.
0:05:49 Trump’s reach even extends to his political rivals.
0:05:58 He publicly questioned the citizenship of NYC mayoral candidate Zoran Mamdani and his former first friend, Elon.
0:06:02 Mamdani has been a U.S. citizen since 2018.
0:06:03 Doesn’t matter.
0:06:07 Criminal now also means not for Trump.
0:06:18 The argument that immigrants are stealing jobs is a lie told by people who’ve never built a business or managed a P&L.
0:06:21 Immigrants create jobs.
0:06:25 They work jobs native-born Americans won’t touch.
0:06:29 They pay into Social Security but rarely collect.
0:06:33 Deporting them is an economic own goal.
0:06:40 The Cato Institute estimates the cost of mass deportations could eventually exceed $1 trillion.
0:06:51 The Peterson Institute projects a 1.2% drop in GDP if 1.3 million people are deported.
0:06:57 Growing to 7% if deportations hit $8 million.
0:07:02 That’s not policy but, see above, stupidity.
0:07:05 Hurting others while hurting yourself.
0:07:15 Instead of militarizing immigration enforcement, we should be investing against the real challenge.
0:07:16 AI.
0:07:25 The World Economic Forum says 9 million jobs globally may be displaced in the next five years.
0:07:32 Anthropics CEO warns AI could eliminate half of all entry-level white-collar jobs.
0:07:39 Imagine the population of Greece storming the shores of America and taking jobs,
0:07:41 even jobs Americans actually want,
0:07:44 as they’re willing to work 24-7 for free.
0:07:47 You’ve already met them.
0:07:50 Their names are GPT, Claude, and Gemini.
0:07:53 Want to protect American workers?
0:07:55 Train.
0:07:56 Don’t terrorize.
0:08:02 Trump’s war on domestic enemies doesn’t stop with ICE.
0:08:05 He’s coming for the press and the Academy.
0:08:11 Disney, Meta, and Paramount have all settled nuisance lawsuits with Trump
0:08:13 for a combined total of about $60 million.
0:08:17 All the funds go to his presidential library,
0:08:20 where truth will go to be laundered, not learned.
0:08:24 Newsrooms are folding or playing defense.
0:08:27 Breaking with a long-standing tradition,
0:08:31 the White House is hand-picking press pool participants.
0:08:37 Harvard, once America’s aircraft carrier strike force of soft power,
0:08:39 is now a mega-speed bag.
0:08:42 Autocrats always come for universities,
0:08:45 which train people to ask questions.
0:08:50 The White House is threatening to defund billions in research,
0:08:53 choke off international student visas,
0:08:55 and criminalize campus dissent.
0:09:02 Nearly 300 top researchers have applied for scientific asylum.
0:09:04 In France!
0:09:07 In the 30s and 40s,
0:09:11 some of the world’s premier academics fled Europe for America.
0:09:13 They brought quantum theory,
0:09:14 chemotherapy,
0:09:15 modern computing,
0:09:17 and other breakthroughs with them.
0:09:19 Oh, including the bomb.
0:09:24 The rivers of elite human capital are now flowing in reverse,
0:09:26 and we’re sending the scholars back.
0:09:30 How can we be this fucking stupid?
0:09:35 This isn’t a slippery slope,
0:09:37 but a vertical drop.
0:09:40 Trump has Congress kneeling,
0:09:41 courts folding,
0:09:43 and corporations cashing in.
0:09:46 What’s left is us.
0:09:49 This was never just about immigrants,
0:09:50 professors,
0:09:51 or journalists.
0:09:54 It’s about unchecked power
0:09:55 that,
0:09:56 unchallenged,
0:09:58 is metastasizing.
0:10:02 Democracy doesn’t defend itself.
0:10:05 We won’t fight this with hashtags,
0:10:07 but with votes,
0:10:08 lawsuits,
0:10:10 and courage.
0:10:14 This is the moment we decide,
0:10:17 are we citizens of a republic,
0:10:21 or spectators to its collapse?
0:10:27 Life is so rich.
0:00:05 Marketers, you know that feeling when your content just works.
0:00:11 When you crush a viral trend before 10 a.m., when one tweak to a landing page sends click-through rates through the roof.
0:00:14 That’s Contentful, dynamic content made blissfully simple.
0:00:19 Contentful helps you create and launch personalized experiences instantly across any digital channel.
0:00:25 Breaks silos to streamline workflows, execute faster campaigns, and analyze performance metrics in real time.
0:00:31 Take the chaos out of managing and delivering content so teams can easily orchestrate impactful, data-driven campaigns.
0:00:34 No limits, no stress, only possibilities.
0:00:37 Come get the feels at Contentful.com.
0:00:40 That’s C-O-N-T-E-N-T-F-U-L.com.
0:00:42 Contentful.com.
0:00:50 There’s a lot nobody tells you about running a small business, like the pricing.
0:00:52 The marketing.
0:00:53 The budgeting.
0:00:55 The accidents.
0:00:56 The panicking.
0:00:57 And the things.
0:00:58 And the things.
0:01:00 And the non-stop things.
0:01:04 But having the right insurance can help protect you from many things.
0:01:09 Customize your coverage to get the protection you need with BCAA Small Business Insurance.
0:01:15 Use promo code PROTECT to receive $50 off at bcaa.com slash smallbusiness.
0:01:18 Megan Rapinoe.
0:01:18 Megan Rapinoe here.
0:01:28 This week on A Touch More, we’re talking all about the WNBA All-Star roster with ESPN analyst and former All-Star herself, Chanae Agumike.
0:01:32 She also tells us what she wants to see from the CBA negotiations.
0:01:37 Plus, I’m sharing some of the record-breaking updates from the Euros in Switzerland.
0:01:42 Check out the latest episode of A Touch More wherever you get your podcasts and on YouTube.
0:01:49 I’m Scott Galloway, and this is No Mercy, No Malice.
0:01:58 What would a modern-day Gestapo with Wi-Fi and drones targeting people based on their identity, not their behavior, look like?
0:02:00 We know what it looks like.
0:02:01 It’s called ICE.
0:02:05 ICE Age, as read by George Han.
0:02:15 President Trump is no longer fighting inflation, China, or AI.
0:02:25 Instead, he’s declared war on a manufactured threat, the enemy within, immigrants, journalists, and professors.
0:02:31 Our biggest threat, apparently, isn’t Russian aggression or economic inequality.
0:02:34 It’s your Uber driver or anthropology professor.
0:02:41 This is not only cruel and depraved, but stupid.
0:02:50 As the chill being cast across the agriculture, services, and construction sectors will likely be more inflationary than the tariffs.
0:02:52 More stupidity.
0:02:58 Trump’s goal is to deport 4 million undocumented people over four years.
0:03:01 That’s about 3% of the U.S. workforce.
0:03:05 10 to 15% in several sectors dependent on immigrant labor.
0:03:11 The big, beautiful bill signed into law on July 4th isn’t about border security.
0:03:16 It’s a blueprint for mass detention and deportation.
0:03:20 A $75 billion hammer in search of a scapegoat.
0:03:32 Under the law, ICE gets funding that rivals the military budgets of Italy or Israel to build sites like the facility in the Everglades, nicknamed Alligator Alcatraz.
0:03:33 The goal?
0:03:35 Fear.
0:03:38 This isn’t law enforcement.
0:03:44 It’s authoritarian cosplay designed to scare the electorate and silence dissent.
0:03:53 Trump’s war doesn’t punish behavior, but identity, as immigrants from certain countries and ethnicities are targeted.
0:04:02 Federal agents in full tactical gear swept through a park in Latino-heavy L.A. this week just to make a point.
0:04:03 The mayor said,
0:04:04 The mayor said,
0:04:07 It’s the way a city looks before a coup.
0:04:09 Question.
0:04:14 What do stormtroopers, the KKK, and ICE have in common?
0:04:17 A mask.
0:04:21 ICE has become Trump’s personal Praetorian guard.
0:04:30 Minnesota Governor Tim Walz, Vice President Harris’ running mate, was excoriated for comparing ICE to the Gestapo.
0:04:33 But spare us the bullshit indignation.
0:04:43 Masked agents in fatigues, raiding churches and schools, separating families is not modern America, but 1930s Europe.
0:04:45 Or is it?
0:04:55 In the 2026 fiscal year, ICE will receive over $11 billion, a 10% increase from current funding.
0:04:58 The new law will more than double that.
0:05:06 It authorizes the hiring of 10,000 agents, bringing ICE’s force to nearly 30,000.
0:05:17 In 1944, Nazi Germany had 32,000 Gestapo officers and $2 billion, inflation-adjusted, in funding.
0:05:20 They were fighting a world war.
0:05:24 Trump is fighting home health aides and Uber drivers.
0:05:30 ICE claims it’s targeting the worst of the worst.
0:05:39 But fewer than one-third of the record 59,000 immigrant detainees have been convicted of any crime.
0:05:40 The rest?
0:05:44 A. Immigrants who didn’t look like the typical Iowa voter.
0:05:49 Trump’s reach even extends to his political rivals.
0:05:58 He publicly questioned the citizenship of NYC mayoral candidate Zoran Mamdani and his former first friend, Elon.
0:06:02 Mamdani has been a U.S. citizen since 2018.
0:06:03 Doesn’t matter.
0:06:07 Criminal now also means not for Trump.
0:06:18 The argument that immigrants are stealing jobs is a lie told by people who’ve never built a business or managed a P&L.
0:06:21 Immigrants create jobs.
0:06:25 They work jobs native-born Americans won’t touch.
0:06:29 They pay into Social Security but rarely collect.
0:06:33 Deporting them is an economic own goal.
0:06:40 The Cato Institute estimates the cost of mass deportations could eventually exceed $1 trillion.
0:06:51 The Peterson Institute projects a 1.2% drop in GDP if 1.3 million people are deported.
0:06:57 Growing to 7% if deportations hit $8 million.
0:07:02 That’s not policy but, see above, stupidity.
0:07:05 Hurting others while hurting yourself.
0:07:15 Instead of militarizing immigration enforcement, we should be investing against the real challenge.
0:07:16 AI.
0:07:25 The World Economic Forum says 9 million jobs globally may be displaced in the next five years.
0:07:32 Anthropics CEO warns AI could eliminate half of all entry-level white-collar jobs.
0:07:39 Imagine the population of Greece storming the shores of America and taking jobs,
0:07:41 even jobs Americans actually want,
0:07:44 as they’re willing to work 24-7 for free.
0:07:47 You’ve already met them.
0:07:50 Their names are GPT, Claude, and Gemini.
0:07:53 Want to protect American workers?
0:07:55 Train.
0:07:56 Don’t terrorize.
0:08:02 Trump’s war on domestic enemies doesn’t stop with ICE.
0:08:05 He’s coming for the press and the Academy.
0:08:11 Disney, Meta, and Paramount have all settled nuisance lawsuits with Trump
0:08:13 for a combined total of about $60 million.
0:08:17 All the funds go to his presidential library,
0:08:20 where truth will go to be laundered, not learned.
0:08:24 Newsrooms are folding or playing defense.
0:08:27 Breaking with a long-standing tradition,
0:08:31 the White House is hand-picking press pool participants.
0:08:37 Harvard, once America’s aircraft carrier strike force of soft power,
0:08:39 is now a mega-speed bag.
0:08:42 Autocrats always come for universities,
0:08:45 which train people to ask questions.
0:08:50 The White House is threatening to defund billions in research,
0:08:53 choke off international student visas,
0:08:55 and criminalize campus dissent.
0:09:02 Nearly 300 top researchers have applied for scientific asylum.
0:09:04 In France!
0:09:07 In the 30s and 40s,
0:09:11 some of the world’s premier academics fled Europe for America.
0:09:13 They brought quantum theory,
0:09:14 chemotherapy,
0:09:15 modern computing,
0:09:17 and other breakthroughs with them.
0:09:19 Oh, including the bomb.
0:09:24 The rivers of elite human capital are now flowing in reverse,
0:09:26 and we’re sending the scholars back.
0:09:30 How can we be this fucking stupid?
0:09:35 This isn’t a slippery slope,
0:09:37 but a vertical drop.
0:09:40 Trump has Congress kneeling,
0:09:41 courts folding,
0:09:43 and corporations cashing in.
0:09:46 What’s left is us.
0:09:49 This was never just about immigrants,
0:09:50 professors,
0:09:51 or journalists.
0:09:54 It’s about unchecked power
0:09:55 that,
0:09:56 unchallenged,
0:09:58 is metastasizing.
0:10:02 Democracy doesn’t defend itself.
0:10:05 We won’t fight this with hashtags,
0:10:07 but with votes,
0:10:08 lawsuits,
0:10:10 and courage.
0:10:14 This is the moment we decide,
0:10:17 are we citizens of a republic,
0:10:21 or spectators to its collapse?
0:10:27 Life is so rich.
As read by George Hahn.
ICE Age
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