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Speaker 1: On scorn needs Ostrodia.

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Speaker 2: This is the Wader Panalte Show.

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Speaker 3: Good evening, Welcome to the reader Panahe show.

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Speaker 4: I'm Caroline Druso coming up on the show tonight, and

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Speaker 4: a property developer delivers a die warning for Australian renters.

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Speaker 4: Dan Wild joins me to discuss that and the day's

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Speaker 4: top headlines. Labor's intention to tax unrealized capital gains, well,

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Speaker 4: that has caused quite a stir. I'll be joined by

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Speaker 4: Jeff Wilson to explain what that means for superannuans and

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Speaker 4: our economy. And of course everyone's favorite segment left is

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Speaker 4: losing it, including this compassionate lefty with a message for

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Speaker 4: South Africans.

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Speaker 5: Yeah, this is for all you yit South africaners that

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Speaker 5: are being shipped in by Trump. You need to know

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Speaker 5: the majority of Americans don't want you here.

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Speaker 4: But first joining me now to discuss the day's headlines

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Speaker 4: is Deputy Executive Director for the Institute of Public Affairs

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Speaker 4: Daniel Wild. Dan a fascinating development this week ASIK is

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Speaker 4: so doing mcquarie for allegedly misreporting our short selling over

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Speaker 4: a period of fourteen years. Now, what are the nature

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Speaker 4: of the allegations and why is that happening now?

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Speaker 1: Yeah, look there's a couple of things.

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Speaker 6: It's I think Acid has been pursuing McQuary for some

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Speaker 6: time now that they weren't correctly or they were under

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Speaker 6: reporting their short selling. So this can have implications for

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Speaker 6: the broader market. And what Acik is saying is it

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Speaker 6: can impact the confidence of the market. You know what

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Speaker 6: I think it's really interesting here is that it's an

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Speaker 6: example of what happens, whether it's mcquarie or whether it's

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Speaker 6: other big businesses and banks in Australia, when you take

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Speaker 6: your eye off the ball. Many of these organizations spend

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Speaker 6: all of their time moralizing to Australians about diversity, equity

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Speaker 6: and inclusion or ESG mandates and quotas and climate change

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Speaker 6: and refusing to lend to farmers because of climate change

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Speaker 6: and other considerations. Well, you know, this is what happens

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Speaker 6: when you take your eye off the ball and when

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Speaker 6: you ignore your key business and key considerations in this

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Speaker 6: casinancial institutions.

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Speaker 1: And I think a lot of Australians look.

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Speaker 6: At this and say, well, you know, just get back

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Speaker 6: to basics, focus on your core business rather than engaging

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Speaker 6: in woke moralizing that I suspect is a part of

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Speaker 6: the reason why they've taken their eye off the ball.

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Speaker 3: Yeah, it does appear to be that.

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Speaker 4: And look, that'll be very very interesting once those proceedings

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Speaker 4: progress it and we start to see a bit more

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Speaker 4: meat on those bones. Now, Tim Gerner, he's not backwards

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Speaker 4: in in saying he's peace and he has been very

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Speaker 4: controversial before, but this week he said that he foresees

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Speaker 4: a fifteen year rental crisis ahead.

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Speaker 3: So Dan, firstly, why is it that long? And what

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Speaker 3: does he suggest is the cause?

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Speaker 6: Well, I think there's a couple of things here, Caroline.

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Speaker 6: I mean, the number one cause that we have in

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Speaker 6: this country is this massive unplanned migration intake that's been

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Speaker 6: taking place since COVID. It has not been planned for,

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Speaker 6: it hasn't had the consent of the community, and it

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Speaker 6: also hasn't been targeted towards areas.

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Speaker 1: Of economic needs.

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Speaker 6: So you know, we have a housing crisis because we've

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Speaker 6: had this massive surge of demand coming from this massive

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Speaker 6: migrant intake. Now I'm not blaming the migrants themselves, because

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Speaker 6: of course you'd want to come to our great country

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Speaker 6: and have a better future, but you know, it's the

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Speaker 6: faults of governments for having this massive demand without the

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Speaker 6: supply coming online. It's not just housing. All you have

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Speaker 6: to do is look at the roads, the social services,

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Speaker 6: how long it takes to get into a GP appointment,

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Speaker 6: local schools. Often in many of these developments there's no

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Speaker 6: local public school in place. So you know, these are

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Speaker 6: massive issues. And yes, at the same time, we have

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Speaker 6: a supply side issue when you look at the taxes,

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Speaker 6: the red tape, all of the cost imposts upon developers

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Speaker 6: when they actually do want to set up a new development.

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Speaker 6: So look, the number one thing governments must do immediately

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Speaker 6: is to cut our immigration intake to ease the pressure

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Speaker 6: on the housing market.

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Speaker 3: Absolutely.

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Speaker 4: And if you are going to bring people in, please

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Speaker 4: bring in tradees because we definitely need a few more

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Speaker 4: of those, and it would also be helpful I suppose

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Speaker 4: if a few less building companies went under.

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Speaker 3: But you know, another one of.

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Speaker 4: Those woes I suppose for business but also for the

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Speaker 4: household is the cost of energy. And probably the least

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Speaker 4: surprising piece of news this week is that New South

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Speaker 4: Wales is the second most expensive state to run household appliances.

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Speaker 4: And guess what dan the cost is going to continue

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Speaker 4: to go up. So this is obviously going to be

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Speaker 4: unsurprising to anyone with half a clue. But how can

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Speaker 4: these governments continue to fail on energy policy when the

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Speaker 4: reality is clear for all of us to see.

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Speaker 6: Well, exactly, this has been a long time coming. You know,

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Speaker 6: we've been warning about the consequences of net zero for

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Speaker 6: a very long time and it's you know, this is

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Speaker 6: net zero in action. It's how it impacts the day

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Speaker 6: to day life of Australians, not just through energy bills,

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Speaker 6: not just through the increased risk of blackouts, but through

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Speaker 6: the things that we do every single day.

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Speaker 1: And you know, fortunately this is going.

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Speaker 6: To continue until we remove net zero and until we

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Speaker 6: remove emissions as a centerpiece of our energy policy. I mean,

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Speaker 6: energy policy should be focused on one thing, and that

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Speaker 6: is cutting costs, reducing prices, to ease the burden on households,

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Speaker 6: to ease the burden on businesses, and make sure we

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Speaker 6: can actually have a manufacturing and heavy industry sector again.

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Speaker 6: So look, unfortunately Australians are going to keep feeling the

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Speaker 6: pain while these inner city activists push the net zero

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Speaker 6: agenda upon us.

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Speaker 4: And despite all of that, and still on this topic,

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Speaker 4: you know, this sector, this energy sector has vacuumed up

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Speaker 4: all manner of government grants and subsidies over the last

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Speaker 4: few years. And for example, now questions are being asked

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Speaker 4: about fmg's close Gladstone plant. Well, what's the story here

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Speaker 4: and how those subsidies and grants impact the broader industry.

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Speaker 6: Yeah, I think there's a couple of things. I mean,

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Speaker 6: green hydrogen has basically been shown to be a hoax

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Speaker 6: and a bit of a fraud being perpetuated on the

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Speaker 6: Australian people, and in particular on those who are at

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Speaker 6: risk of losing their jobs in traditional industries. They were told, oh,

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Speaker 6: you're going to get new jobs in green hydrogen. Well,

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Speaker 6: I mean that's just not happening. So, and the other

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Speaker 6: point is this is used green hydrogen has been used

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Speaker 6: as a bit of a front to fleece tax payers

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Speaker 6: of subsidies. And you've got these sort of subsidy hunters

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Speaker 6: that go around and they set up these projects and

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Speaker 6: get subsidies and then don't go ahead with the projects

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Speaker 6: or the projects shut down.

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Speaker 1: And I think it's a real issue.

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Speaker 6: I think the subsidies should be paid back where a

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Speaker 6: project does not go ahead, and we also need to

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Speaker 6: get real about this fact that green hydrogen is not

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Speaker 6: the future, at least not at the moment. I'm all

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Speaker 6: in favor of exploring new technologies, but at the end

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Speaker 6: of the day, we need base load power supply that

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Speaker 6: actually exists right now, and what we have is coal

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Speaker 6: and gas. That's how you keep the lights on and

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Speaker 6: get prices down and keep regional communities ticking over.

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Speaker 4: Now, want to end education and a fascinating piece in

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Speaker 4: the age where Frank Cardi, and he's the chair of

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Speaker 4: Victoria's Independent Office of School Dispute Resolution, has suggested that

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Speaker 4: parents should face it a thousand dollar fine for defaming

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Speaker 4: teachers or principles online. Now, Daniel, I'm sure there is

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Speaker 4: a problem there of some sort, but is that.

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Speaker 3: Really the solution?

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Speaker 1: Well, sadly, maybe it is.

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Speaker 6: I mean, I haven't come across this before, but you know,

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Speaker 6: reading the article, it's something that's not common, but it

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Speaker 6: does happen. And look, I think that a school has

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Speaker 6: every right to protect its teachers and its principal. I mean,

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Speaker 6: I was actually a candidate for the Liberal Party in

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Speaker 6: the election recent federal election, and one of the things

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Speaker 6: I did was meet with schools and school principles, and

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Speaker 6: I was shocked to learn that one of the highest

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Speaker 6: burnout rates and one of the highest levels of actually

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Speaker 6: post traumatic stress is among principles. So I don't doubt

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Speaker 6: that there's a real problem here. And it's not just

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Speaker 6: this particular issue, but the range of other issues that

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Speaker 6: principles and school staff have to deal with. So I mean,

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Speaker 6: if you've got parents that are defaming or abusing teachers

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Speaker 6: or principles or support staff, then I think there needs

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Speaker 6: to be consequences. And it's just I think another example

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Speaker 6: of what a mess, what an absolute mess our education

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Speaker 6: system has become.

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Speaker 1: Unfortunately.

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Speaker 4: Yeah, and it appears to me that there's all these

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Speaker 4: other underlying issues and I just feel like, you know, yes,

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Speaker 4: this is something that needs to be dealt with, but

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Speaker 4: there's probably also those deeper issues that need to be

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Speaker 4: dealt I think this is symptomatic of something else. Essentially,

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Speaker 4: now onto the UK and here is British Prime Minister

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Speaker 4: Keir Starmer and a stunning about face on immigration policy.

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Speaker 2: So when you have an immigration system that seems almost

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Speaker 2: designed to permit abuse, then you're not championing growth, you're

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Speaker 2: not championing justice or how else people defend the status quo.

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Speaker 2: You're actually contributing to the forces that are slowly pulling

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Speaker 2: our country apart. So yes, I believe in this. I

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Speaker 2: believe we need to reduce immigration significantly.

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Speaker 7: Dan.

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Speaker 4: Is this a come to Jesus moment for Starma or

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Speaker 4: has he simply been mugged by political reality.

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Speaker 6: I really think this is a landmark speech. I think

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Speaker 6: this will have far reaching consequences in the UK and

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Speaker 6: around the Western world.

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Speaker 1: This is the.

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Speaker 6: Speech that we need to hear here in Australia, and

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Speaker 6: our political leaders haven't been up to the job. I'm

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Speaker 6: surprised to hear it from Keir Starmer. I didn't expect

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Speaker 6: him to do this, but he has and I think

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Speaker 6: this is incredibly important. Clearly he's under electoral pleasure from

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Speaker 6: Nigel Farage. This speech would not have been given without

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Speaker 6: Nigel Farage and his Reform Party having made significant m

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Speaker 6: roads at the recent council elections, and he can quite

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Speaker 6: clearly see the writing on the wall that a si

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Speaker 6: significant majority of mainstream British society are fed up with

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Speaker 6: the immigration program. It was also a list of substantive

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Speaker 6: proposals that he's put forward. He has now also created

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Speaker 6: a rod for his back. He's going to have to

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Speaker 6: deliver and deliver very significant reductions to the immigration intake

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Speaker 6: into the UK.

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Speaker 1: But a lot of what.

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Speaker 6: Keir Starmer said, sadly, particularly when he talked about an

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Speaker 6: island of strangers, that applies to Australia as well. And

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Speaker 6: I hope the government here is paying attention because we

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Speaker 6: need action on this issue.

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Speaker 3: I couldn't agree more.

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Speaker 4: Dan back here in Australia and new data is showing

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Speaker 4: that wages grew over the March quarter and they are

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Speaker 4: above the inflation rate annually. Now Michelle Bullok at the

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Speaker 4: Reserve Bank, she has still suggested caution.

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Speaker 3: What is the basis of that caution?

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Speaker 4: What's the issue that remains and is it or is

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Speaker 4: it's not as simple I suppose as the economy just recovering.

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Speaker 1: Well, I think there's a couple of issues.

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Speaker 6: One is we don't have much productivity growth, and so

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Speaker 6: if the supply of your economy isn't increasing and wages

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Speaker 6: are going up and you're pumping more money into the economy,

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Speaker 6: that can fuel inflation. So there's a concern there and

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Speaker 6: basically the reason why we care about the supply side

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Speaker 6: of the economy is it really reflects the capacity of

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Speaker 6: your economy to generate wealth, and so if that's not growing,

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Speaker 6: then the fundamentals of the economy are not improving. So

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Speaker 6: it's obviously great news that real wages are going up,

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Speaker 6: but what we need to see is that is for

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Speaker 6: that to be sustainable. And I think that's partly why

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Speaker 6: Jim Chalmers has pointed to productivity as being an aim

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Speaker 6: of his Now, whether they follow through and I don't know,

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Speaker 6: but they're on the right path if they are generally

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Speaker 6: going to do something about it.

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Speaker 4: Indeed, now we don't usually associate the Australian Financial Review

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Speaker 4: with the Royal family, but it appears that ASX listed

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Speaker 4: company len Lease, they're expected to announce a fifty to

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Speaker 4: fifty joint venture with the Crown as state Dan.

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Speaker 8: What's the deal?

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Speaker 1: Well, I think this is really interesting. I mean.

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Speaker 6: King Charles has always had an interest in urban development

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Speaker 6: and architectural beauty. He's actually set up basically his own

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Speaker 6: suburb that exists, if you like, called Mini County in

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Speaker 6: the UK that's kind of designed around his views of

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Speaker 6: a Villagy type arrangement. Now, I don't know whether this

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Speaker 6: landlease deal is going to go to that or not,

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Speaker 6: But I think it's in keeping with an interest that

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Speaker 6: King Charles has shown over many years about wanting people

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Speaker 6: to live in a certain sort of beautified and dignified

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Speaker 6: environment that often we're lacking. A lot of new developments

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Speaker 6: are done in a way that are functional and are needed,

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Speaker 6: but don't always take into account the human consideration.

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Speaker 1: So I'm going to be interested to see what comes

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Speaker 1: out of it.

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Speaker 4: I think it's going to be absolutely fascinating. Daniel Wilde,

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Speaker 4: thank you so much for your time joining me Now.

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Speaker 4: Is Wilson Asset Management founded? Jeff Wilson. Jeff, Welcome to

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Speaker 4: the show. An alluming political issue is Labour's in ten

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Speaker 4: to tax unrealized capital gains. Just to start with for

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Speaker 4: our audience, can you please explain the nature or the

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Speaker 4: principle of what Labor's intending to do here.

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Speaker 9: Yeah, look, thanks Carolyn, thanks for your time. The labor

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Speaker 9: government is bringing in what they plan on bringing it

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Speaker 9: just needs to go through the Senate a policy whereby

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Speaker 9: come superannuation funds that have more than three million dollars

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Speaker 9: in will pay an additional tax of fifteen percent, So

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Speaker 9: it's all up tax of about thirty percent over that

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Speaker 9: three million dollar mark, which I think no people that

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Speaker 9: have money and super are concerned about. Where the concern is.

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Speaker 9: For some reason, the government is talking about taxing unrealized gains.

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Speaker 9: So the theoretical change in the value of your investments

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Speaker 9: that aren't turned into aren't realized and it's really bad

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Speaker 9: tax policy. Also, what they're saying is that they're not

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Speaker 9: going to index the three million dollar cap, which means

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Speaker 9: that eventually everyone in Australia with inflation will be paying

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Speaker 9: this tax. So that's the parts. All I need to

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Speaker 9: do is index it and remove the tax on unrealized

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Speaker 9: gains which sort of are paper profits or theorical profits

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Speaker 9: which may end up turning into losses.

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Speaker 4: Yeah, and obviously is a huge cash flow issue. But

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Speaker 4: yesterday Treasurer Jim Chalmers he tried to applicate fears.

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Speaker 3: Here's what he had to say.

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Speaker 7: We've made it clear that these changes are relatively modest,

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Speaker 7: but they're important in the context of the budget and

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Speaker 7: define benefit schemes have been appropriately recognized as part of

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Speaker 7: our effort.

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Speaker 4: Whenever a politician says something he is modest, it eventually,

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Speaker 4: in inevitably my ears prick up. What are the unintended

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Speaker 4: consequences of this policy on the superannuation.

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Speaker 9: Industry, They are significant. Jim Charmers and also Anthony Albernizi

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Speaker 9: they say that the taxony impacts a very small percentage

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Speaker 9: of the Australian population point five percent, and that is correct.

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Speaker 9: The negative part or the illogical part, or the reason

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Speaker 9: why there are those significant unintended consequences is because it

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Speaker 9: will impact the behavior of the whole superannuation industry and

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Speaker 9: that's really a major supporter of corporate Australia. So four

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Speaker 9: point two trillion dollars, it's going to impact how that

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Speaker 9: four point two trillion dollar, how it behaves. So why

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Speaker 9: would you take risk? So there's one point one trillion

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Speaker 9: dollars in self managed super funds. They have been big

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Speaker 9: supporters of startups small companies in Australia and now if

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Speaker 9: they're going to be taxed on a pretend profit that

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Speaker 9: may never eventuate, why are you going to take the risk?

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Speaker 9: So that there are significant untended constants we estimate that

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Speaker 9: are close to one hundred and fifty billion dollars will

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Speaker 9: come out of the superannuation sector and go onto the

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Speaker 9: property sector because there's no tax on your own home,

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Speaker 9: whether it's your home or your children's home or your

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Speaker 9: grandchildren's home. I mean we're already seeing it. I think

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Speaker 9: front page of the Financial Review today they're saying self

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Speaker 9: managed super funds panic money coming out before June thirty. Well,

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Speaker 9: actually you've got to a June thirty next year to

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Speaker 9: get the money to me. It's the the Unfortunately, this tax,

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Speaker 9: it will backfires. It's not a it's not a good

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Speaker 9: tax and a good idea.

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Speaker 3: And is that because the government.

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Speaker 4: I mean, look in principle, I find the principal offensive

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Speaker 4: in itself. But has the government just not not consulted

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Speaker 4: broadly enough or understood the actual human behaviors that are

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Speaker 4: essentially going to occur to be able to avoid paying

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Speaker 4: tax on unrealized capital gains.

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Speaker 9: Well that could be the case, or you know what's

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Speaker 9: probably more concerning. I know from page to The Australian

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Speaker 9: the other day Matthew Cranston wrote an article and it's

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Speaker 9: said that Treasury has been trying to bring in the

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Speaker 9: tax on unrealized games for the last fifteen years. So

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Speaker 9: maybe this is a way of the thin edge of

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Speaker 9: the wedge getting them in. I think what the government

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Speaker 9: doesn't understand, or maybe it hasn't fully modeled, or it's

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Speaker 9: a bigger conspiracy theory they want to put it on

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Speaker 9: other assets family homes, etc. Is Globally this has failed.

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Speaker 9: More recently, Norway brought in at a tax for the

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Speaker 9: very high income earners, an unrealized gains tax, and fifty

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Speaker 9: six billion dollars left Norway instead of the money. They're

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Speaker 9: only expecting to raise about one hundred and fifty million

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Speaker 9: dollars from this new tax, and instead they went negative

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Speaker 9: close to five hundred million dollars. So what they don't

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Speaker 9: realize is everyone changes their behavior. And it's clear already

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Speaker 9: that people are going to start changing their behavior.

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Speaker 4: And you mentioned investment in startup and you mentioned the

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Speaker 4: potential for that extra liquided or that extra demand to

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Speaker 4: go into the housing market.

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Speaker 3: But what are the broader.

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Speaker 4: Industry and investment consequences either have we seen elsewhere or

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Speaker 4: would we suspect under a policy change like this.

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Speaker 9: Well, I mean just another example in the UK in

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Speaker 9: terms of the unintended consequences. In the UK, they increase

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Speaker 9: the tax on capital gains by twenty one percent and

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Speaker 9: instead of the tax take increasing by twenty percent, it

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Speaker 9: actually fell by ten percent.

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Speaker 10: So.

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Speaker 9: But probably one of the biggest ones. It's really really

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Speaker 9: everyone is now questioning superannuation. Is superannuation this pot of

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Speaker 9: gold that every government tries to take money out of.

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Speaker 9: People that are older they can take their money out

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Speaker 9: of Super and there's no consequences. Younger people are locked

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Speaker 9: in there, and I'm aware of a number of people

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Speaker 9: that have said, hey, look, we're not going to We're

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Speaker 9: going to try to put as little as we can

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Speaker 9: into Super going forward. So it really that that pool

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Speaker 9: of capital that's helped support growing small businesses in Australia

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Speaker 9: that Paul Keating is very proud of. You know, I think, well,

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Speaker 9: he's already well he hasn't come out publicly, but privately

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Speaker 9: he's come out and said that he thinks it's just

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Speaker 9: really bad, bad policy.

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Speaker 4: Now, just one last thing before we go, Asik has

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Speaker 4: launched prosecution proceedings against Macquarie and the allegations there relate

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Speaker 4: to the reporting of short selling. Obviously it's subject to

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Speaker 4: a legal process and they're just allegations at the moment,

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Speaker 4: But what do you make of that particular.

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Speaker 9: Move, Well, in terms of does it make mcquarie a

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Speaker 9: less attractive investment. You will it have a negative impact

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Speaker 9: on their earnings?

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Speaker 11: Uh?

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Speaker 9: You know, the answer is is probably no from an

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Speaker 9: investment perspective. In terms of is it the fact that

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Speaker 9: they've let this happen? Is that is that poor corporate behavior?

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Speaker 9: The answer is yes. Now they obviously haven't communicated clearly

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Speaker 9: with the with the regulator, and they're going to suffer

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Speaker 9: the consequences. You know, there will be some financial pain.

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Speaker 9: It will be a one on financial pain. Maybe this

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Speaker 9: is a function of growing too quickly and not having

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Speaker 9: the right systems in place. That that's what appears like

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Speaker 9: to me. I mean, obviously this will this is a

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Speaker 9: big wake up call for them to get their house

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Speaker 9: one hundred percent in order.

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Speaker 4: Yeah, I'd say it absolutely would be. Jeff Wilson, thank

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Speaker 4: you so much for your time and your insight.

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Speaker 3: Still to come. Left is losing it.

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Speaker 4: Plus Trump delivers speech to the Saudi US Investment Forum.

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Speaker 4: Batio Unga Sagon joins us to explain why she labeled

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Speaker 4: it the most momentous foreign policy address of her time.

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Speaker 4: Welcome back, and now it's time for lefties losing it.

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Speaker 4: And first up, this bloke is pretty convinced that white

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Speaker 4: people coming to the US from South Africa are all racist,

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Speaker 4: all of them not grateful at all to have a

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Speaker 4: new home in the Land of the Free.

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Speaker 3: Just there to be big goal racists.

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Speaker 10: I need y'all realize what Trump just did. He brought

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Speaker 10: eight thousand white people out here from South Africa, not

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Speaker 10: because they need refuse, not because they need asylum. It's

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Speaker 10: because he knows these eight thousand white South Africans are racist.

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Speaker 10: He knows they fore to come over here and they're

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Speaker 10: gonna be blatantly racist thinking that they're still in South Africa.

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Speaker 10: These eight thousand races don't burn out the hard way.

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Speaker 10: They don't out. You can't tump that over on FOI.

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Speaker 4: And of course it didn't take long for the Karens

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Speaker 4: to jump on the bandwagon.

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Speaker 5: Yeah, this is for all you white tea South Africaners

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Speaker 5: that are being shipped in by Trump. You need to

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Speaker 5: know the majority of Americans don't want you here. You

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Speaker 5: just jump back on another plane and fly your little racist,

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Speaker 5: white supremacist butts right on back to these to your country,

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Speaker 5: go back to Africa.

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Speaker 4: And it doesn't even And there even Bishop Sean Roe

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Speaker 4: from the Episcopal Church seemed against helping white refugees from

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Speaker 4: South Africa.

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Speaker 12: We can't be ourselves in the Episcopal Church and take

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Speaker 12: the step of resettling white africaners from South Africa. Our

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Speaker 12: church has a long commitment to racial justice and reconciliation

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Speaker 12: and we have a historic ties with the Anglican Church

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Speaker 12: of South Africa. Desmond Tutu is a part of a

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Speaker 12: partner and a partner in this work for us. We're

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Speaker 12: just not able to take this staff. It's not in

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Speaker 12: line with anything that we're about.

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Speaker 4: So Jesus can hang out with the tax collectors and

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Speaker 4: the sinners, but apparently he can't hang out with.

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Speaker 3: The saffas well. That's a very interesting delineation there. And

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Speaker 3: if there was any.

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Speaker 4: Question that white people have had a target on their back,

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Speaker 4: just look at this speech by South African politician from

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Speaker 4: back in twenty eighteen. This rhetoric has clearly been around

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Speaker 4: for some time. Fine, if you back to the US

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Speaker 4: and onto lefty economics and the Oakland mayor thinks you

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Speaker 4: get rid of inflation by raising the minimum wage.

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Speaker 13: You call it for a fifty dollars an hour federal

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Speaker 13: minimum wage. That's seven times the current national minimum wage

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Speaker 13: of seven to twenty five an hour. Can you explain

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Speaker 13: how that would be economically sustainable for small businesses.

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Speaker 14: In the Bay Area. I believe it was the United

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Speaker 14: Way came out with the report that very recently one

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Speaker 14: hundred and twenty seven thousand dollars for a family of

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Speaker 14: four is just barely enough to get by. Another survey

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Speaker 14: very recently one hundred and four thousand for a family

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Speaker 14: of one barely enough to get by low income because

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Speaker 14: of the affordability crisis, and so just do the math.

442
00:25:37,520 --> 00:25:40,200
Speaker 4: Frederick Hayek was bang on the money when he said

443
00:25:40,200 --> 00:25:44,280
Speaker 4: he socialist understood economics, they wouldn't be socialists. But there

444
00:25:44,320 --> 00:25:48,439
Speaker 4: is still more, and the barrage of progressives against RFK

445
00:25:48,640 --> 00:25:52,120
Speaker 4: Junior continues, and it continues to escalate.

446
00:25:52,680 --> 00:25:54,680
Speaker 3: Even the Capitol Police had to get involved.

447
00:25:54,960 --> 00:25:58,960
Speaker 9: The budget I'm presenting today is of courts. These goals reflects.

448
00:26:09,040 --> 00:26:11,240
Speaker 1: The witness will suspend your committee.

449
00:26:10,840 --> 00:26:11,560
Speaker 8: Will become your order.

450
00:26:12,000 --> 00:26:14,960
Speaker 15: Capital police are asked to remove the individuals will.

451
00:26:16,560 --> 00:26:19,359
Speaker 4: The members of the audience, and among those arrested was

452
00:26:19,520 --> 00:26:21,639
Speaker 4: Ben and Jerry's co founder Ben Cohen.

453
00:26:21,960 --> 00:26:24,600
Speaker 3: Now we've seen some pretty revolting carry on from Ben

454
00:26:24,680 --> 00:26:25,840
Speaker 3: and Jerry's but I can't.

455
00:26:25,680 --> 00:26:29,200
Speaker 4: Decide if this later stunt is just an exercising consistency

456
00:26:29,400 --> 00:26:31,280
Speaker 4: or quite frankly, the cherry on the top of that

457
00:26:31,440 --> 00:26:31,920
Speaker 4: ice cream.

458
00:26:32,560 --> 00:26:35,040
Speaker 3: Here he is again from another angle.

459
00:26:35,440 --> 00:26:38,960
Speaker 7: The audience reminded disruptions will not be permitted while the

460
00:26:39,000 --> 00:26:42,639
Speaker 7: committee conducts his business. Capitol police are asked to remove

461
00:26:43,280 --> 00:26:45,320
Speaker 7: the individuals from the hearing room.

462
00:26:45,600 --> 00:26:48,280
Speaker 4: And lastly, and of course, this segment would be nothing

463
00:26:48,359 --> 00:26:52,240
Speaker 4: without progressives indulging their children who identify as another species.

464
00:26:52,560 --> 00:26:56,280
Speaker 11: The best teacher my daughter has ever had. She lets

465
00:26:56,320 --> 00:26:59,480
Speaker 11: her be as weird as she is, and she encourages it,

466
00:26:59,600 --> 00:27:05,320
Speaker 11: and she enjoys it, and that is really meaningful to

467
00:27:05,440 --> 00:27:08,280
Speaker 11: me and my family. She calls my daughter Ellie Cat

468
00:27:08,480 --> 00:27:12,240
Speaker 11: because in adit and during attendance my daughter meals instead

469
00:27:12,240 --> 00:27:15,640
Speaker 11: of saying here, And she doesn't make her feel bad

470
00:27:15,680 --> 00:27:18,520
Speaker 11: about it. She just imprases it and she loves it.

471
00:27:18,640 --> 00:27:20,879
Speaker 11: And that's really cool for me as a parent, and

472
00:27:21,080 --> 00:27:24,240
Speaker 11: it's really cool for my daughter to feel seen in school.

473
00:27:24,480 --> 00:27:27,960
Speaker 4: It's no longer just fashionable enough to identify as another gender.

474
00:27:28,359 --> 00:27:30,280
Speaker 4: We need to keep upping the ante.

475
00:27:30,160 --> 00:27:31,920
Speaker 3: On this escape from reality.

476
00:27:32,880 --> 00:27:36,600
Speaker 4: I'm done joining me now is author and journalist Battia

477
00:27:36,760 --> 00:27:40,119
Speaker 4: Unga Sagon Batia. I want to start with Trump's speech

478
00:27:40,240 --> 00:27:42,800
Speaker 4: to the Saudi US Investment Forum.

479
00:27:42,600 --> 00:27:45,800
Speaker 15: This way here it is, as president of the United States,

480
00:27:49,400 --> 00:27:53,919
Speaker 15: my preference will always be for peace and partnership whenever

481
00:27:54,040 --> 00:27:57,680
Speaker 15: those outcomes can be achieved. Always, it's always going to

482
00:27:57,760 --> 00:27:58,360
Speaker 15: be that way.

483
00:27:58,720 --> 00:27:59,880
Speaker 8: Only a fool would think other.

484
00:28:00,640 --> 00:28:02,520
Speaker 4: And in a post on Eggs you said it was

485
00:28:02,640 --> 00:28:07,080
Speaker 4: probably the most momentous foreign policy address of your lifetime.

486
00:28:07,359 --> 00:28:07,520
Speaker 8: Was that.

487
00:28:09,359 --> 00:28:11,320
Speaker 3: Thank you so much for having me. Yes.

488
00:28:11,359 --> 00:28:14,240
Speaker 16: As I wrote about in my Free Press column, what

489
00:28:14,400 --> 00:28:17,879
Speaker 16: the President did throughout his hour long speech was effectively

490
00:28:18,000 --> 00:28:23,480
Speaker 16: repudiate both the sort of neokon war mongering of Republican

491
00:28:23,760 --> 00:28:28,560
Speaker 16: administration's past, but also the kind of appeasement and attempts

492
00:28:28,600 --> 00:28:31,800
Speaker 16: to find common ground and insist that everybody has the

493
00:28:31,840 --> 00:28:35,800
Speaker 16: same values of democratic administrations.

494
00:28:35,000 --> 00:28:35,639
Speaker 8: Of the past.

495
00:28:36,040 --> 00:28:38,440
Speaker 16: So he took on both, you know, the Bush model

496
00:28:38,560 --> 00:28:41,000
Speaker 16: and the Obama Biden model and said, we're not going

497
00:28:41,080 --> 00:28:42,360
Speaker 16: to do either of those things.

498
00:28:42,800 --> 00:28:43,200
Speaker 1: We're going to.

499
00:28:43,240 --> 00:28:48,080
Speaker 16: Respect the sovereignty of our allies, and we're going to

500
00:28:48,240 --> 00:28:52,040
Speaker 16: respect the sovereignty of our own people, and we're going

501
00:28:52,080 --> 00:28:55,280
Speaker 16: to prioritize the dignity of working class Americans by looking

502
00:28:55,360 --> 00:28:58,320
Speaker 16: for partners who bring something to the table, who are

503
00:28:58,360 --> 00:29:01,920
Speaker 16: able to fight their own fight and come together and

504
00:29:02,080 --> 00:29:07,920
Speaker 16: put aside warring factionalism in order to pursue peace through

505
00:29:08,000 --> 00:29:13,120
Speaker 16: strength and through partnership, through commerce, through the great economic

506
00:29:13,360 --> 00:29:16,120
Speaker 16: boon that the President was able to generate through the

507
00:29:16,200 --> 00:29:19,200
Speaker 16: Abraham Accords. So this is really a new moment in

508
00:29:19,240 --> 00:29:23,640
Speaker 16: American foreign policy. They're putting aside the nation building and

509
00:29:23,720 --> 00:29:26,640
Speaker 16: the failed forever wars that we've been having in this

510
00:29:26,760 --> 00:29:30,760
Speaker 16: country for the last decades. Donald Trump is fundamentally anti war.

511
00:29:31,160 --> 00:29:34,480
Speaker 16: He hates war. He thinks it's unbelievably wasteful. And what

512
00:29:34,600 --> 00:29:36,920
Speaker 16: he's offering both to the American people and to the

513
00:29:37,000 --> 00:29:44,920
Speaker 16: globe is partnership through strength, through deals, through success, and

514
00:29:45,240 --> 00:29:49,520
Speaker 16: through bringing massive amounts of investment back home to the US.

515
00:29:49,680 --> 00:29:51,920
Speaker 16: It's really a golden age in America. And he is

516
00:29:51,960 --> 00:29:54,560
Speaker 16: inviting our allies to join us if they're willing to

517
00:29:54,760 --> 00:29:57,440
Speaker 16: put down their guns and their swords and pursue peace

518
00:29:57,520 --> 00:29:57,920
Speaker 16: over war.

519
00:30:00,040 --> 00:30:01,640
Speaker 3: And you mentioned the Ibraham mccolds.

520
00:30:01,720 --> 00:30:05,760
Speaker 4: Luke Hayes urged Syrian and Saudi latest to sign the

521
00:30:05,840 --> 00:30:07,880
Speaker 4: Abraham Accords recognizing Israel.

522
00:30:08,120 --> 00:30:09,200
Speaker 3: How big a deal is that.

523
00:30:10,920 --> 00:30:13,000
Speaker 16: It's a really big deal, and the way that he

524
00:30:13,160 --> 00:30:15,720
Speaker 16: phrased it in his speech was really beautiful. He said

525
00:30:15,800 --> 00:30:19,520
Speaker 16: he personally would be very honored if the Saudis would

526
00:30:19,600 --> 00:30:23,280
Speaker 16: join the Abraham Accorns and sign normalization with Israel on

527
00:30:23,400 --> 00:30:26,480
Speaker 16: their own time. He was very clear to say that's

528
00:30:26,520 --> 00:30:29,400
Speaker 16: not going to happen right now. Obviously the situation in

529
00:30:29,480 --> 00:30:32,600
Speaker 16: Gaza is too volatile. But this was really a shot

530
00:30:32,640 --> 00:30:34,600
Speaker 16: across the bow both for the Saudis and I think

531
00:30:34,640 --> 00:30:38,560
Speaker 16: for the Israelis to be a little bit more open

532
00:30:39,320 --> 00:30:43,680
Speaker 16: to a different approach to fighting their wars, which of

533
00:30:43,720 --> 00:30:47,160
Speaker 16: course are just wars, but to think more broadly and

534
00:30:47,240 --> 00:30:50,440
Speaker 16: more openly about what President Trump can achieve for them,

535
00:30:50,680 --> 00:30:53,240
Speaker 16: given the success that he brought to the Middle East

536
00:30:53,280 --> 00:30:54,280
Speaker 16: through the Abraham Accords.

537
00:30:56,040 --> 00:30:58,280
Speaker 4: And in just the last twenty four hours it Baine

538
00:30:58,360 --> 00:31:01,479
Speaker 4: reports of an IDF striking Unis aimed at well, who

539
00:31:01,600 --> 00:31:04,520
Speaker 4: is now? I suppose the de facto later Mohammed Simoa.

540
00:31:05,200 --> 00:31:06,120
Speaker 3: What's the lightest on that?

541
00:31:08,040 --> 00:31:11,320
Speaker 16: Yes, we can only hope that these that these reports

542
00:31:11,360 --> 00:31:15,600
Speaker 16: are accurate. Hamas's leadership is in absolute tatters. There is

543
00:31:16,240 --> 00:31:20,360
Speaker 16: a vacuum there, there is nobody leading the terrorist organization.

544
00:31:21,600 --> 00:31:25,920
Speaker 16: The way that they released the American captive Dane Alexander

545
00:31:26,520 --> 00:31:30,480
Speaker 16: was through an intermediary, and so it's really an opportune

546
00:31:30,600 --> 00:31:35,400
Speaker 16: moment for somebody like the Saudis or the Qataris to say,

547
00:31:35,840 --> 00:31:38,760
Speaker 16: you know what, in recognition of what President Trump is

548
00:31:38,840 --> 00:31:41,480
Speaker 16: offering us, We're going to step into that leadership hole

549
00:31:42,120 --> 00:31:46,720
Speaker 16: and really pursue peace on behalf of the forgotten Palestinian

550
00:31:46,760 --> 00:31:50,040
Speaker 16: people who have been living, of course as Hamas's hostages

551
00:31:51,360 --> 00:31:53,160
Speaker 16: for over fifteen years.

552
00:31:55,480 --> 00:31:58,640
Speaker 4: Now back home in the US, and since the presidential election,

553
00:31:59,640 --> 00:32:02,560
Speaker 4: it's really been quite astonishing some of the admissions about

554
00:32:02,840 --> 00:32:07,080
Speaker 4: Biden's cognitive decline, but the revisionism and the refraining of

555
00:32:07,200 --> 00:32:09,760
Speaker 4: the narrative. Look, it's almost been impressive.

556
00:32:10,480 --> 00:32:11,440
Speaker 3: And Jack Tapper is.

557
00:32:11,440 --> 00:32:14,960
Speaker 4: Obviously the most notable just released a book what's been

558
00:32:15,040 --> 00:32:16,000
Speaker 4: most notable about it?

559
00:32:16,080 --> 00:32:16,280
Speaker 11: For you?

560
00:32:18,160 --> 00:32:23,240
Speaker 16: I'm really really disgusted with this because they aren't doing

561
00:32:23,360 --> 00:32:26,760
Speaker 16: this because they actually care about telling the truth. They're

562
00:32:26,880 --> 00:32:30,600
Speaker 16: doing this because they are trying to launder their reputations

563
00:32:30,960 --> 00:32:33,480
Speaker 16: so that they can once again seize power. They know

564
00:32:33,640 --> 00:32:36,760
Speaker 16: that the American people were exposed to their lying and

565
00:32:36,880 --> 00:32:40,120
Speaker 16: to their gaslighting. All of these people who had access

566
00:32:40,240 --> 00:32:43,080
Speaker 16: to the president and knew what the situation was kept

567
00:32:43,160 --> 00:32:45,680
Speaker 16: that to themselves for as long as they thought that

568
00:32:45,760 --> 00:32:48,360
Speaker 16: he was still able to give them the power that

569
00:32:48,440 --> 00:32:51,880
Speaker 16: they so desperately want. And the minute the American people

570
00:32:52,080 --> 00:32:54,400
Speaker 16: became wise to this on their own because of the debate,

571
00:32:54,760 --> 00:32:58,800
Speaker 16: they stabbed Biden in the back and the roost was up.

572
00:32:59,240 --> 00:33:02,320
Speaker 16: But to me, this whole fake maya culpa is just

573
00:33:02,440 --> 00:33:06,880
Speaker 16: as appalling as the initial gas lighting because it's not real.

574
00:33:07,480 --> 00:33:11,560
Speaker 16: It's not about anything except their limitless desire for more

575
00:33:11,680 --> 00:33:13,960
Speaker 16: and more power. And the worst part about it is

576
00:33:14,200 --> 00:33:16,720
Speaker 16: that the Democrats don't even know what they want to

577
00:33:16,800 --> 00:33:20,000
Speaker 16: do with that power. They have no agenda. If you

578
00:33:20,120 --> 00:33:24,040
Speaker 16: ask them, okay, you want to win, why what would

579
00:33:24,080 --> 00:33:28,160
Speaker 16: you do if you want? They literally have no answer.

580
00:33:28,960 --> 00:33:32,000
Speaker 16: And when you see what they're prioritizing right now, whether

581
00:33:32,040 --> 00:33:36,200
Speaker 16: it's trans people and women's sports, or illegal immigrants or

582
00:33:36,320 --> 00:33:41,320
Speaker 16: gang bangers, it really boggles the mind. They're very, very lost,

583
00:33:41,480 --> 00:33:45,040
Speaker 16: and the reason for that is because Donald Trump stole

584
00:33:45,560 --> 00:33:49,400
Speaker 16: everything that was popular from their agenda. They abandoned the

585
00:33:49,440 --> 00:33:53,560
Speaker 16: working class, they abandoned the labor to cater to far left,

586
00:33:53,800 --> 00:33:57,520
Speaker 16: radical economic elites, and that's who their base is now,

587
00:33:57,640 --> 00:34:00,880
Speaker 16: the top ten percent. Unfortunately, can't when an election with

588
00:34:01,000 --> 00:34:02,600
Speaker 16: ten percent of the electorate.

589
00:34:03,840 --> 00:34:05,200
Speaker 3: No, you absolutely can't.

590
00:34:05,320 --> 00:34:09,600
Speaker 4: And it's been so self serving, obviously, as you said,

591
00:34:10,040 --> 00:34:14,399
Speaker 4: laundering their reputations. But there's been plenty of people saying

592
00:34:14,480 --> 00:34:18,680
Speaker 4: plenty about this for a very long time, and it's

593
00:34:18,719 --> 00:34:21,000
Speaker 4: occasionally nice to be right about these things.

594
00:34:21,480 --> 00:34:22,040
Speaker 3: Now, onto the.

595
00:34:22,080 --> 00:34:25,040
Speaker 4: Economy, and obviously you've had a period of high inflation

596
00:34:25,600 --> 00:34:27,680
Speaker 4: in the US, We've had it here in Australia, has

597
00:34:27,719 --> 00:34:30,920
Speaker 4: been global. But recent data is showing that that inflation

598
00:34:31,160 --> 00:34:33,840
Speaker 4: in the US is now coming in below expectation, and

599
00:34:33,960 --> 00:34:36,480
Speaker 4: even the left landing CNN had to admit it.

600
00:34:36,719 --> 00:34:39,160
Speaker 17: There is new data that just later from the Later

601
00:34:39,280 --> 00:34:43,160
Speaker 17: Department showing inflation year every year actually slow to the

602
00:34:43,239 --> 00:34:47,080
Speaker 17: lowest annual inflation rate since February of twenty twenty one.

603
00:34:47,280 --> 00:34:49,160
Speaker 4: But here, what's the cause of this and what does

604
00:34:49,239 --> 00:34:51,560
Speaker 4: this tell us about the current US economy.

605
00:34:53,040 --> 00:34:55,719
Speaker 16: It's so amazing because every economists predicted we were going

606
00:34:55,760 --> 00:34:58,320
Speaker 16: to go into a recession, and every economists predicted that

607
00:34:58,400 --> 00:35:00,680
Speaker 16: the tariffs were going to be in fleetion, and of

608
00:35:00,760 --> 00:35:03,040
Speaker 16: course this was all nonsense. They've been just as wrong

609
00:35:03,080 --> 00:35:05,480
Speaker 16: about this as they were about NAFTA, and as they

610
00:35:05,560 --> 00:35:08,120
Speaker 16: wore about mass immigration, which they always tell us raises

611
00:35:08,160 --> 00:35:08,680
Speaker 16: the GDP.

612
00:35:09,160 --> 00:35:10,200
Speaker 3: They're wrong about.

613
00:35:09,960 --> 00:35:13,440
Speaker 16: Everything when it comes to the daily lives of average Americans.

614
00:35:13,480 --> 00:35:15,919
Speaker 16: And Trump has been right again and again and again

615
00:35:16,040 --> 00:35:19,520
Speaker 16: and again. And it is so amazing to see that

616
00:35:19,640 --> 00:35:24,600
Speaker 16: the economy is just so nimble as to absorb the

617
00:35:24,840 --> 00:35:28,440
Speaker 16: very important shock of the tariffs. A ten percent tariff

618
00:35:28,520 --> 00:35:31,640
Speaker 16: is now the new normal for the United States. Donald

619
00:35:31,640 --> 00:35:34,719
Speaker 16: Trump is raising billions of dollars in revenue to pay

620
00:35:34,760 --> 00:35:38,759
Speaker 16: off our debt, which is extraordinary news and long overdue.

621
00:35:39,360 --> 00:35:42,800
Speaker 16: And inflation has gone down, so everything they predicted what

622
00:35:43,040 --> 00:35:46,560
Speaker 16: happen out of hatred of Donald Trump simply did not appear.

623
00:35:47,000 --> 00:35:48,960
Speaker 16: And yet they cannot give him an ounce of credit

624
00:35:49,040 --> 00:35:50,840
Speaker 16: for this. All they do is move on to the

625
00:35:50,920 --> 00:35:52,920
Speaker 16: next thing that they try to turn into a scandal.

626
00:35:53,200 --> 00:35:57,920
Speaker 16: The untold story here is the way that American business

627
00:35:58,160 --> 00:36:01,879
Speaker 16: is actually absorbing some of the costs of inflation out

628
00:36:01,960 --> 00:36:05,040
Speaker 16: of a newfound patriotism that I believe is very much

629
00:36:05,239 --> 00:36:07,640
Speaker 16: generated out of their respect for Donald Trump and for

630
00:36:07,719 --> 00:36:10,359
Speaker 16: the economy that he's trying to build. So you see

631
00:36:10,360 --> 00:36:14,040
Speaker 16: people like GM promising that any cost student due to

632
00:36:14,120 --> 00:36:17,040
Speaker 16: the tariffs, they will take out of their corporate profits

633
00:36:17,120 --> 00:36:19,359
Speaker 16: rather than passing on to the consumer. There are other

634
00:36:19,400 --> 00:36:21,520
Speaker 16: companies that are doing that, and boy are those companies

635
00:36:21,600 --> 00:36:23,960
Speaker 16: going to be rewarded by the American consumer.

636
00:36:25,840 --> 00:36:26,000
Speaker 6: Yeah.

637
00:36:26,080 --> 00:36:29,120
Speaker 4: Absolutely, And those pesky egg prices, look at them come

638
00:36:29,239 --> 00:36:32,160
Speaker 4: down despite what everyone had to say about them. Now,

639
00:36:32,239 --> 00:36:34,840
Speaker 4: moving on to immigration and that there does continue to

640
00:36:34,920 --> 00:36:37,080
Speaker 4: be a hot button issue in the US, including in

641
00:36:37,160 --> 00:36:40,520
Speaker 4: relation to foreign gang members, so much so that Trump's

642
00:36:40,520 --> 00:36:43,520
Speaker 4: announced a first ever self deportation program.

643
00:36:43,880 --> 00:36:46,640
Speaker 15: I assigned an executive order to launch the first ever

644
00:36:46,840 --> 00:36:51,400
Speaker 15: self deportation program for illegal aliens. We are making it

645
00:36:51,560 --> 00:36:55,680
Speaker 15: as easy as possible for illegal aliens to leave America.

646
00:36:56,400 --> 00:36:59,560
Speaker 15: Any illegal alien can simply show up at an airport

647
00:36:59,719 --> 00:37:02,720
Speaker 15: and receive a free flight out of our country.

648
00:37:03,000 --> 00:37:06,800
Speaker 3: But here that sounds almost quite sensible. What's the feeling

649
00:37:06,920 --> 00:37:07,319
Speaker 3: over there?

650
00:37:07,440 --> 00:37:11,080
Speaker 4: And it's been interesting some of the rubs, some of

651
00:37:11,120 --> 00:37:15,640
Speaker 4: the friction in relation to Americans defending legal immigrants and

652
00:37:15,960 --> 00:37:17,160
Speaker 4: criminals from deportation.

653
00:37:19,280 --> 00:37:21,200
Speaker 16: This is not my favorite thing, only because I feel

654
00:37:21,239 --> 00:37:24,840
Speaker 16: like it's a little bit rewarding bad behavior. If it works,

655
00:37:24,920 --> 00:37:27,759
Speaker 16: I will totally support it, but honestly, I'm not sure

656
00:37:27,800 --> 00:37:29,680
Speaker 16: people are going to self deport. I think they are

657
00:37:29,760 --> 00:37:31,479
Speaker 16: going to have to do a little bit more work

658
00:37:31,560 --> 00:37:33,920
Speaker 16: going and getting these people. We know where a lot

659
00:37:33,920 --> 00:37:35,840
Speaker 16: of them are living, because they're living in hotels that

660
00:37:35,840 --> 00:37:37,400
Speaker 16: are being paid for by taxpayers.

661
00:37:38,200 --> 00:37:38,360
Speaker 8: You know.

662
00:37:38,480 --> 00:37:40,400
Speaker 16: I think if they cut them from a lot of

663
00:37:40,440 --> 00:37:43,680
Speaker 16: the benefits roles, a lot of people would then consider

664
00:37:43,760 --> 00:37:47,040
Speaker 16: self deporting at that point. But that's going to take Congress,

665
00:37:47,120 --> 00:37:49,040
Speaker 16: and you know, Congress right now is mired in this

666
00:37:49,120 --> 00:37:51,080
Speaker 16: reconciliation bill, so we'll see what happens with that.

667
00:37:53,520 --> 00:37:53,640
Speaker 10: Now.

668
00:37:54,040 --> 00:37:59,839
Speaker 4: As a corollary tool that varies objection within the US too,

669
00:38:00,760 --> 00:38:03,960
Speaker 4: the US offering asylumn to why South Africans, where does

670
00:38:04,360 --> 00:38:05,839
Speaker 4: why and where does that come from?

671
00:38:07,440 --> 00:38:09,160
Speaker 16: I have to say this was not my favorite thing.

672
00:38:09,440 --> 00:38:11,239
Speaker 16: You know, of all the people who are desperately in

673
00:38:11,360 --> 00:38:14,319
Speaker 16: need of asylum, they wouldn't have been at the top

674
00:38:14,440 --> 00:38:17,520
Speaker 16: of my you know, to me, this seems a little

675
00:38:17,520 --> 00:38:20,920
Speaker 16: bit like reverse identity politics in a way. There's somebody

676
00:38:21,320 --> 00:38:23,719
Speaker 16: in the administration, perhaps Elon Musk, for whom this was

677
00:38:23,760 --> 00:38:25,960
Speaker 16: an important issue. Me of course, is from South Africa,

678
00:38:26,840 --> 00:38:29,120
Speaker 16: but it did seem to me in a way to

679
00:38:29,160 --> 00:38:32,440
Speaker 16: be a bit of a troll of the left. And

680
00:38:32,719 --> 00:38:34,839
Speaker 16: I don't know why we're bringing in more people when

681
00:38:34,880 --> 00:38:36,960
Speaker 16: the whole point is, you know, we're trying to depoort

682
00:38:37,000 --> 00:38:40,120
Speaker 16: people who are here illegally. But you know, this is

683
00:38:40,160 --> 00:38:43,680
Speaker 16: something that I think obviously was important to somebody and

684
00:38:43,760 --> 00:38:44,319
Speaker 16: they got what they.

685
00:38:44,280 --> 00:38:44,759
Speaker 8: Were looking for.

686
00:38:46,880 --> 00:38:50,759
Speaker 4: An immigration I suppose it's still causing some problems for

687
00:38:50,960 --> 00:38:55,080
Speaker 4: the Democrats and including the California Governor Garin Gavin Newsom

688
00:38:55,440 --> 00:38:59,880
Speaker 4: flip flopping on a policy in relation to illegal immigrants

689
00:39:00,239 --> 00:39:04,760
Speaker 4: receiving taxpayer funded health You know, you think the answer

690
00:39:04,840 --> 00:39:07,239
Speaker 4: here would be pretty common sense, but like you said,

691
00:39:07,560 --> 00:39:10,440
Speaker 4: taxpayers paying for them to stay in hotels. But this

692
00:39:10,560 --> 00:39:13,080
Speaker 4: is still a complicated issue for the Democrats, isont it

693
00:39:13,160 --> 00:39:14,400
Speaker 4: even though they're not in government.

694
00:39:16,280 --> 00:39:19,480
Speaker 16: The fact that Gavin Newsom is out there saying he's

695
00:39:19,600 --> 00:39:21,400
Speaker 16: ready to take the fall and be the first to

696
00:39:21,440 --> 00:39:23,640
Speaker 16: flip flop, He's going to be the first of many.

697
00:39:23,760 --> 00:39:27,040
Speaker 16: The Democrats have no future if they can't get behind

698
00:39:27,200 --> 00:39:30,160
Speaker 16: where the American people are at on immigration, and so

699
00:39:30,400 --> 00:39:32,680
Speaker 16: seeing somebody like Gavin Newsom who's sort of on the

700
00:39:32,760 --> 00:39:34,799
Speaker 16: fence about whether he's going to run in twenty twenty

701
00:39:34,840 --> 00:39:39,080
Speaker 16: eight or not, somebody who's positioned very well to make

702
00:39:39,160 --> 00:39:41,960
Speaker 16: these big pronouncements because you know, he may not run.

703
00:39:42,040 --> 00:39:42,759
Speaker 3: He may he may not.

704
00:39:43,600 --> 00:39:46,440
Speaker 16: This is a sign that the wind is changing and

705
00:39:46,520 --> 00:39:48,680
Speaker 16: that people are getting the message in the Democratic Party

706
00:39:48,960 --> 00:39:50,960
Speaker 16: that they have to really do a bit of a

707
00:39:51,040 --> 00:39:52,719
Speaker 16: one to eighty on immigration if they ever want to

708
00:39:52,760 --> 00:39:53,520
Speaker 16: be competitive again.

709
00:39:55,360 --> 00:39:57,040
Speaker 3: I think that's an excellent observation.

710
00:39:57,239 --> 00:40:00,920
Speaker 4: And lastly, while President Donald Trump is trying to strike

711
00:40:01,040 --> 00:40:04,480
Speaker 4: trade deals and bring peace to the Middle East, alone,

712
00:40:04,680 --> 00:40:05,680
Speaker 4: House Democrat for.

713
00:40:05,760 --> 00:40:07,640
Speaker 3: Michigan's trying to impeach the president.

714
00:40:08,080 --> 00:40:11,680
Speaker 4: Now sure Thanada recently moved to force a chamber wide

715
00:40:11,800 --> 00:40:15,879
Speaker 4: vote on his impeachment resolution against President Donald Trump.

716
00:40:16,239 --> 00:40:19,960
Speaker 3: He ended up backing down bire but what's the point

717
00:40:20,000 --> 00:40:20,200
Speaker 3: of this.

718
00:40:20,400 --> 00:40:24,440
Speaker 16: Honestly, this man is a joke and an embarrassment to

719
00:40:24,520 --> 00:40:26,600
Speaker 16: his party, and I think even a lot of Democrats

720
00:40:26,680 --> 00:40:29,040
Speaker 16: realized that, and so they shut it down very quickly.

721
00:40:30,640 --> 00:40:33,440
Speaker 16: I think they realized that they need to get their

722
00:40:33,480 --> 00:40:35,759
Speaker 16: act together, and I was glad to see them not

723
00:40:35,880 --> 00:40:36,920
Speaker 16: have any tolerance for this.

724
00:40:38,600 --> 00:40:42,040
Speaker 3: Yeah, excellent, Thank you, Thank you so much for your observations.

725
00:40:42,560 --> 00:40:45,359
Speaker 3: Batir Unga Sagon. Thank you for joining the show, Thank

726
00:40:45,440 --> 00:40:46,920
Speaker 3: you for having me, Thank you so much.

727
00:40:47,440 --> 00:40:49,600
Speaker 4: Still to come, and Prince Harry has been called door

728
00:40:49,680 --> 00:40:52,480
Speaker 4: knocking on random doors while looking for a mate.

729
00:40:52,840 --> 00:40:55,200
Speaker 3: The Louise Roberts joins me next to discuss that and

730
00:40:55,400 --> 00:40:56,080
Speaker 3: much much more.

731
00:41:05,760 --> 00:41:07,680
Speaker 4: Welcome back to the show and joining me now is

732
00:41:07,719 --> 00:41:09,720
Speaker 4: Skynews contributor Louise Roberts.

733
00:41:10,239 --> 00:41:13,880
Speaker 3: Louise for all the carry on about Prince Harry.

734
00:41:13,719 --> 00:41:16,839
Speaker 4: Needing security when he visits the UK, Well you think

735
00:41:16,880 --> 00:41:20,120
Speaker 4: you'd be a bit more discerning about knocking on random

736
00:41:20,200 --> 00:41:21,200
Speaker 4: doors in London?

737
00:41:21,440 --> 00:41:22,359
Speaker 3: What's the story here?

738
00:41:22,880 --> 00:41:27,160
Speaker 18: Absolutely Well, this amazing picture of Harry has come out

739
00:41:27,200 --> 00:41:29,719
Speaker 18: of London where he's buzzy on someone's door. It's been

740
00:41:29,800 --> 00:41:32,080
Speaker 18: captured on a ring cam, which occurs only every London

741
00:41:32,160 --> 00:41:35,280
Speaker 18: home has now due to security fears. He was wandering

742
00:41:35,320 --> 00:41:38,160
Speaker 18: the streets of Fulham in West London looking for a friend.

743
00:41:38,520 --> 00:41:41,399
Speaker 18: He knocked on about three doors until he found the house,

744
00:41:41,520 --> 00:41:43,960
Speaker 18: but discovered that, of course, the people he knew don't

745
00:41:44,000 --> 00:41:46,640
Speaker 18: live there anymore. Apparently a Spanish family is now renting

746
00:41:46,680 --> 00:41:49,960
Speaker 18: the property. But as you say, Caro, kind of it

747
00:41:50,080 --> 00:41:52,399
Speaker 18: makes a mockery of his claim of wanting to make

748
00:41:52,480 --> 00:41:55,800
Speaker 18: taxpayers to pay for his security because it's too dangerous

749
00:41:55,800 --> 00:41:58,320
Speaker 18: for him to wander the streets or his family to

750
00:41:58,400 --> 00:42:01,239
Speaker 18: actually visit as well, so the fact that he's quite

751
00:42:01,280 --> 00:42:03,920
Speaker 18: happily walking around Fulham looking for a mate on his

752
00:42:04,040 --> 00:42:06,480
Speaker 18: mobile phone and he looks like some sort of Chelsea

753
00:42:06,560 --> 00:42:08,800
Speaker 18: Tops sort of trying to get recruits to go to

754
00:42:08,840 --> 00:42:09,200
Speaker 18: the pub with.

755
00:42:09,280 --> 00:42:10,920
Speaker 8: Him and have a few bevies in the afternoon.

756
00:42:11,040 --> 00:42:14,080
Speaker 18: It was utterly bizarre, and there was no evidence of

757
00:42:14,160 --> 00:42:17,680
Speaker 18: any security around him. And he's constantly claiming that he's

758
00:42:18,280 --> 00:42:23,080
Speaker 18: an assassination target. But someone who's legitimately fearful for their

759
00:42:23,120 --> 00:42:25,520
Speaker 18: safety on the streets doesn't do what he's been doing

760
00:42:25,920 --> 00:42:26,440
Speaker 18: in Fulham.

761
00:42:28,160 --> 00:42:30,640
Speaker 4: Well absolutely, I mean, look, there's just such a big

762
00:42:30,760 --> 00:42:33,880
Speaker 4: difference between the words and the deeds there that it

763
00:42:34,040 --> 00:42:37,560
Speaker 4: makes you really question the credibility of what he has

764
00:42:37,640 --> 00:42:40,920
Speaker 4: to say. Now we're constantly being bombarded with the new

765
00:42:41,040 --> 00:42:44,040
Speaker 4: Fresh lifestyle Megan, but a stunning piece in the UK

766
00:42:44,200 --> 00:42:45,240
Speaker 4: Telegraph this week.

767
00:42:45,080 --> 00:42:47,920
Speaker 3: About how she doesn't have time to cook. But this

768
00:42:48,040 --> 00:42:49,840
Speaker 3: is not very on brand. He's the Luise.

769
00:42:50,600 --> 00:42:52,280
Speaker 8: No, it's not very on brand.

770
00:42:52,400 --> 00:42:56,680
Speaker 18: But maybe it's another example of optics over authenticity. For Megan,

771
00:42:56,760 --> 00:42:59,520
Speaker 18: so what she's this is her podcast, The Confessions of

772
00:42:59,560 --> 00:43:03,120
Speaker 18: a Female Founder, And in this she's revealed that probably

773
00:43:03,200 --> 00:43:05,000
Speaker 18: like the rest of us, she does actually get takeaway

774
00:43:05,040 --> 00:43:06,960
Speaker 18: food every now and then. But what Meghan does is

775
00:43:07,000 --> 00:43:10,440
Speaker 18: sort of elevated by adding vegetables from her own garden,

776
00:43:10,600 --> 00:43:13,480
Speaker 18: clearly organic, and sort of jazzes up this food so

777
00:43:13,600 --> 00:43:15,799
Speaker 18: it doesn't look like something which just comes straight from

778
00:43:16,320 --> 00:43:18,640
Speaker 18: Uber Eats like the rest of us. So I guess

779
00:43:18,680 --> 00:43:21,480
Speaker 18: you could argue that she's being more realistic in this

780
00:43:21,640 --> 00:43:24,640
Speaker 18: way by you know, saying she does get the occasional

781
00:43:24,719 --> 00:43:28,080
Speaker 18: takeaway dish, but you know, at the same time, her

782
00:43:28,200 --> 00:43:31,239
Speaker 18: mission is to be this lifestyle guru, to be this

783
00:43:31,400 --> 00:43:34,640
Speaker 18: expert on creating food from scratch. And I really don't

784
00:43:34,719 --> 00:43:36,960
Speaker 18: think that you'd see Martha Stewart claiming to add a

785
00:43:36,960 --> 00:43:39,920
Speaker 18: few bits of chop chives or flowers or whatever it

786
00:43:40,080 --> 00:43:42,719
Speaker 18: is on top of her takeaway food. So it's a

787
00:43:42,760 --> 00:43:43,839
Speaker 18: bit of an own goal I think here.

788
00:43:43,880 --> 00:43:47,560
Speaker 4: For Megan, I think so, and I think you know,

789
00:43:47,640 --> 00:43:50,200
Speaker 4: most of us when we're ordering takeaways because we're under

790
00:43:50,280 --> 00:43:53,719
Speaker 4: time pressure. When I order takeaway, I never think about elevating.

791
00:43:53,760 --> 00:43:57,080
Speaker 4: It is literally the furthest thing from my mind if

792
00:43:57,160 --> 00:44:00,359
Speaker 4: I am going to eat takeaway anyway. Onto the other

793
00:44:00,560 --> 00:44:05,440
Speaker 4: British royal family, the Beckhams. Well, rumors of that family feud,

794
00:44:05,640 --> 00:44:08,440
Speaker 4: they don't appear to be dissipating.

795
00:44:07,880 --> 00:44:11,200
Speaker 8: What's the latest, So yes, this feud.

796
00:44:11,880 --> 00:44:13,960
Speaker 18: Look, the nucleus is meant to be a budding of

797
00:44:14,040 --> 00:44:18,760
Speaker 18: heads between Brooklyn Beckham's mother Victoria and his wife Nicola Peltz,

798
00:44:18,800 --> 00:44:21,279
Speaker 18: of course, and they're both very strong world and it's

799
00:44:21,280 --> 00:44:24,840
Speaker 18: a very emotional situation which culminated in Brooklyn and his

800
00:44:24,960 --> 00:44:30,120
Speaker 18: wife abandoning all of David Beckham's fiftieth birthday celebrations, which

801
00:44:30,200 --> 00:44:32,680
Speaker 18: is really very sad because this is a family which

802
00:44:33,480 --> 00:44:34,239
Speaker 18: their brand is a.

803
00:44:34,360 --> 00:44:37,040
Speaker 8: Very tight unit and I also think is legitimate as well.

804
00:44:37,120 --> 00:44:39,319
Speaker 18: I mean, the kids and the mum and dad are

805
00:44:39,320 --> 00:44:42,239
Speaker 18: always being photographed together and doing lots of events together.

806
00:44:42,120 --> 00:44:44,160
Speaker 8: And there's a real authenticity there.

807
00:44:44,920 --> 00:44:48,200
Speaker 18: But Brooklyn has done an interview in which he talks

808
00:44:48,280 --> 00:44:51,040
Speaker 18: and it's a bit sad really. He talks about his

809
00:44:51,239 --> 00:44:53,400
Speaker 18: passion for cars and he says that's one of the

810
00:44:53,480 --> 00:44:56,239
Speaker 18: things that he bonded with his father David over so

811
00:44:56,400 --> 00:44:57,640
Speaker 18: the love of motor vehicles and.

812
00:44:57,680 --> 00:44:58,160
Speaker 8: Things like that.

813
00:44:58,400 --> 00:45:02,919
Speaker 18: But look, this feud, I can't see it ending anytime soon.

814
00:45:03,640 --> 00:45:05,120
Speaker 18: On that note, I we'll add that I did see

815
00:45:05,120 --> 00:45:07,680
Speaker 18: a story this week as well about how Harry and

816
00:45:07,760 --> 00:45:12,319
Speaker 18: Meghan apparently are counseling Brooklyn and his wife in California

817
00:45:12,400 --> 00:45:16,960
Speaker 18: because they clearly been through a similar thing. But I think,

818
00:45:17,080 --> 00:45:20,160
Speaker 18: you know, children need to respect their parents and perhaps

819
00:45:20,320 --> 00:45:22,920
Speaker 18: make the first overture and making things up. And I

820
00:45:22,960 --> 00:45:25,840
Speaker 18: think the ball is very much in Brooklyn's court.

821
00:45:25,719 --> 00:45:29,840
Speaker 4: Here and not necessarily the people I'd be going to

822
00:45:30,040 --> 00:45:35,000
Speaker 4: with how to deal with a family feud situation onto

823
00:45:35,080 --> 00:45:39,719
Speaker 4: something a little just quietly, onto something a little more serious. Though,

824
00:45:39,800 --> 00:45:43,280
Speaker 4: And the trial of rapper Sean Diddycombs that has started

825
00:45:43,440 --> 00:45:48,640
Speaker 4: it has revealed some horrific details of alleged abuse. Now,

826
00:45:48,760 --> 00:45:51,360
Speaker 4: this situation, I have a feeling is going to go

827
00:45:51,520 --> 00:45:55,160
Speaker 4: from bad from bad to worse. But what has recently

828
00:45:55,800 --> 00:45:58,239
Speaker 4: been revealed in the testimony, So.

829
00:45:58,480 --> 00:46:01,759
Speaker 18: Cassie Ventura is his ex girlfriend who is in the

830
00:46:01,800 --> 00:46:04,560
Speaker 18: witness stand at the moment. She's the star witness obviously

831
00:46:04,640 --> 00:46:08,200
Speaker 18: for the prosecution. Over did his sex trafficking trial in

832
00:46:08,280 --> 00:46:11,600
Speaker 18: the Manhattan Court She's eight months pregnant with her third

833
00:46:11,719 --> 00:46:14,920
Speaker 18: child to her husband, so it's obviously a very stressful

834
00:46:14,960 --> 00:46:16,759
Speaker 18: and emotional time for her. And I have to say

835
00:46:16,840 --> 00:46:19,080
Speaker 18: some of the evidence that's come out should carry a

836
00:46:19,160 --> 00:46:22,799
Speaker 18: warning because it is absolutely vile and just unimaginable. Well,

837
00:46:22,800 --> 00:46:25,799
Speaker 18: I think she allegedly went through and what she said

838
00:46:25,880 --> 00:46:28,680
Speaker 18: most recently is that she alleges that did he stomped

839
00:46:28,719 --> 00:46:32,239
Speaker 18: on her head and punched her and would fly into

840
00:46:32,320 --> 00:46:35,879
Speaker 18: these sort of terrible rages if she made the wrong

841
00:46:35,960 --> 00:46:38,440
Speaker 18: face or sort of looked the wrong way. So the

842
00:46:38,560 --> 00:46:41,919
Speaker 18: micromanaging of her behavior was such an extent. She says

843
00:46:42,440 --> 00:46:45,960
Speaker 18: that he would lash out if something wasn't to his liking.

844
00:46:46,120 --> 00:46:49,879
Speaker 18: So it's a very very upsetting court case, I think,

845
00:46:50,000 --> 00:46:51,920
Speaker 18: and obviously very triggering. I think for a lot of

846
00:46:51,960 --> 00:46:55,000
Speaker 18: people to listen to this type of evidence and the

847
00:46:55,040 --> 00:46:56,920
Speaker 18: allegations that Cassie's putting forward.

848
00:46:58,480 --> 00:47:02,120
Speaker 4: Absolutely and after the whole Harvey Weinstein saga, I feel

849
00:47:02,239 --> 00:47:04,839
Speaker 4: like a lot of people perhaps feeling like we're going

850
00:47:04,920 --> 00:47:09,800
Speaker 4: back around the same mountain again onto the Can's Film Festival,

851
00:47:09,880 --> 00:47:13,520
Speaker 4: and it's recently changed his dress guidelines to ban nudity.

852
00:47:14,520 --> 00:47:16,759
Speaker 3: So what's the background to that and has anyone come

853
00:47:16,800 --> 00:47:17,440
Speaker 3: a cropper yet?

854
00:47:18,480 --> 00:47:20,920
Speaker 18: Well, yes, there'll be plenty of stars I think will

855
00:47:20,920 --> 00:47:22,480
Speaker 18: come a cropper over the next few days if they

856
00:47:22,520 --> 00:47:24,960
Speaker 18: don't listen to these rules. So the dress code it

857
00:47:25,040 --> 00:47:28,480
Speaker 18: can has been very much tightened. So they're saying no

858
00:47:28,920 --> 00:47:31,000
Speaker 18: full nuditive. I think what they mean is any kind

859
00:47:31,000 --> 00:47:33,600
Speaker 18: of nudity at all. And also any of those you know,

860
00:47:33,680 --> 00:47:37,919
Speaker 18: these massive trains that actresses and you know Z List

861
00:47:37,960 --> 00:47:40,080
Speaker 18: Wanna bees, I guess sort of, you know, they sort

862
00:47:40,120 --> 00:47:42,879
Speaker 18: of trail up the red carpet and it causes such

863
00:47:42,920 --> 00:47:44,720
Speaker 18: a chaos because the dress has got to be puffed

864
00:47:44,760 --> 00:47:47,120
Speaker 18: up for the photographs and then has to be basically

865
00:47:47,239 --> 00:47:49,839
Speaker 18: packed away, and so it causes a huge log jam

866
00:47:49,920 --> 00:47:53,080
Speaker 18: in the sort of blistering French or you know, south

867
00:47:53,120 --> 00:47:55,759
Speaker 18: of Front sunshine. So he is a problem for the

868
00:47:55,840 --> 00:47:58,719
Speaker 18: celebrities whose makeup's probably dripping from their faces at this point.

869
00:47:59,239 --> 00:48:01,719
Speaker 18: But it's also an when you're in the aisles inside

870
00:48:01,880 --> 00:48:04,560
Speaker 18: the actual theater because nobody can move because the dresses

871
00:48:04,600 --> 00:48:09,720
Speaker 18: are blocking everyone's access access point as well. So Pallie

872
00:48:09,760 --> 00:48:12,239
Speaker 18: Barry has come a cropper because she had a dress

873
00:48:12,280 --> 00:48:14,520
Speaker 18: in mind which had one of these massive trains on it,

874
00:48:14,520 --> 00:48:16,399
Speaker 18: and she said, well, I had to pick something else.

875
00:48:16,480 --> 00:48:19,800
Speaker 18: So she was photographed yesterday in quite a nice demure.

876
00:48:19,960 --> 00:48:22,840
Speaker 18: I was pleased to see said black and white striped

877
00:48:22,960 --> 00:48:25,279
Speaker 18: whole to neck number, which was a bit of a

878
00:48:25,360 --> 00:48:28,560
Speaker 18: contrast to what she wought the Matt Gala and New

879
00:48:28,640 --> 00:48:30,600
Speaker 18: York recently, which I thought looked like she was wearing

880
00:48:30,640 --> 00:48:32,839
Speaker 18: gaffer tape. I thought it was absolutely horrific. And she's

881
00:48:32,880 --> 00:48:36,239
Speaker 18: a very attractive woman and the idout feel needs to

882
00:48:36,280 --> 00:48:38,759
Speaker 18: sort of dress like something out of Share in the

883
00:48:38,840 --> 00:48:42,359
Speaker 18: nineteen eighties. But she's obviously taken the memo she will

884
00:48:42,480 --> 00:48:44,759
Speaker 18: stick to the rule because she's on the jury, of course.

885
00:48:47,840 --> 00:48:51,920
Speaker 4: Yeah, and fair enough, and you would absolutely expect that

886
00:48:52,120 --> 00:48:54,759
Speaker 4: and look and to be honest, I actually have no

887
00:48:54,880 --> 00:48:57,239
Speaker 4: issue with these sorts of rules being in place. I mean,

888
00:48:57,280 --> 00:49:00,600
Speaker 4: when we watch from the television, you obviously don't see

889
00:49:00,680 --> 00:49:03,040
Speaker 4: that sort of chaos there on the ground with all

890
00:49:03,120 --> 00:49:06,320
Speaker 4: this fabric everywhere, But you can understand they're on a

891
00:49:06,360 --> 00:49:07,960
Speaker 4: schedule and they've got to get on with it.

892
00:49:08,160 --> 00:49:11,479
Speaker 3: Absolutely. Louise Roberts, thank you so much for your time.

893
00:49:11,840 --> 00:49:15,480
Speaker 3: Good to see that's it from me. Up next is Newsnight,

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00:49:15,640 --> 00:49:16,040
Speaker 3: good Night,