In the latest episode of the No Agenda Show, hosts Adam Curry and returning co-host Rob Dew deliver a wide-ranging media deconstruction, arguing that opposition to AI data centers has been engineered into an anti-Republican wedge issue. Citing a Gallup poll showing 7 in 10 Americans oppose local data center construction, the hosts contend that this narrative is shaping midterm election coverage, often overshadowing the economic benefits of the buildout.
Curry frames the data center expansion as a generational economic opportunity comparable to the railroads or the fiber boom of the 1990s. He urges listeners to train as electricians, welders, and technicians, stating, "This is an opportunity for the American people to take money from BlackRock, from Vanguard, from Google, from Meta. Take their money." Dew adds a firsthand account of friends in Alexandria, Virginia being offered $4 million for homes surrounded by existing data centers, illustrating how private equity money is flowing directly to homeowners in affected corridors.
The episode also scrutinizes Texas Governor Greg Abbott's reversal after accepting $20 million in campaign donations from data center executives, now imposing a construction moratorium. The hosts view this as a political pivot ahead of the midterms, highlighting how media narratives often overlook the complex local dynamics.
Beyond data centers, Curry and Dew tackle Treasury Secretary Scott Bessent's activist bond strategy, a maneuver they trace back to Janet Yellen and dubbed 'activist Treasury issuance' by economists Nouriel Roubini and Stephen Miran in 2024. They explain how swapping long-term 30-year bonds for short-term T-bills is designed to lower yields and prop up the stablecoin market, with Tether and Circle now controlling more than 80 percent of a $300 billion stablecoin sector projected by Citi to reach $3.5 trillion by 2030.
The conversation also covers CENTCOM's stealth Omani shipping corridor moving 10 million barrels of oil daily, Trump's declaration of the Strait of Hormuz as 'American territory,' and Agriculture Secretary Brooke Rollins defending the 300,000-ton Argentine ground beef import deal. A boots-on-the-ground note from a soldier deployed under NAVCENT offers context on USS Lincoln conditions.
Additional topics include Flock camera vandalism, Fourth Amendment questions on public roads, and the alleged coming crackdown on infrastructure tampering. The hosts also discuss Confucius Institutes, Pentagon audits of 30 universities, and Chinese national voter fraud charges in Massachusetts.
Curry and Dew push back hard on the framing that data centers are inherently harmful, instead framing them as an opportunity for American workers and homeowners. They emphasize that the midterm elections are shaping nearly every major news narrative, from AI data center panic to affordability messaging, beef imports, and the ongoing U.S. posture at the Strait of Hormuz.
The episode continues the show's tribute to the late John C. Dvorak through the newly launched Order of the Ant. Episode 1897 of the No Agenda Show, titled 'Caconian,' is available now wherever podcasts are heard, and through modern podcast apps at podcastapps.com.
