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Speaker 1: Live from the Heartland and the crossroads of America.

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Speaker 2: It's Tony Katz today.

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Speaker 3: Thank you and good morning everyone, And I first want

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Speaker 3: to extend it a thank you to the RSC chair

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Speaker 3: and the members of the RSC who are here today,

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Speaker 3: and thank you for all the work that you've been

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Speaker 3: doing in the district. I know we appreciate it. More importantly,

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Speaker 3: I know your constituents appreciate it. I know I've been

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Speaker 3: standing at this podium with Speaker Johnson and House leadership

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Speaker 3: for weeks now, and every time we have said the

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Speaker 3: same thing. Republicans voted to keep the government open. Democrats

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Speaker 3: voted to shut it down. Period. It is that simple.

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Speaker 3: This week, more than any other week, the consequences become

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Speaker 3: impossible to ignore. As of yesterday, more than ten thousand

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Speaker 3: flights have been delayed because of staffing shortages. By the

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Speaker 3: end of this week, nearly two million, two million paychecks

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Speaker 3: will be missed by Americans, and by Saturday, forty two

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Speaker 3: million Americans will lose their Snap benefits.

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Speaker 4: Let that sink in.

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Speaker 3: Forty two million Americans will lose their Snap benefits this

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Speaker 3: Saturday because Democrats want to use them as leverage. This

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Speaker 3: is real pain real fear and real consequences.

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Speaker 5: Maybe we should be considering the fact that forty two

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Speaker 5: million Americans need food stamps. Maybe we should be asking

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Speaker 5: of those forty two million, how many of them are

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Speaker 5: actually Americans? Which is a legitimate conversation. But more importantly,

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Speaker 5: this is the Republican speaking about day twenty eight of

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Speaker 5: the government shutdown. Democrats still sticking to their well they

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Speaker 5: don't carry guns, whatever it is they stick to. Tony Katz,

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Speaker 5: Tony Katz today, good to be with you. I forget

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Speaker 5: the name of that member of Congress. Oh, it's going

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Speaker 5: to drive me crazy. But Speaker Johnson again took to

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Speaker 5: the rosterrum, but took to the podium.

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Speaker 2: To say, listen, the pain is real.

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Speaker 5: You've got air traffic controllers not getting paid full paychecks

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Speaker 5: as of today.

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Speaker 2: You've got these issues with snap benefits.

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Speaker 5: Their money is not there, they will not fund And

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Speaker 5: everything the Democrats tell you is look at the great

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Speaker 5: leverage we have, which is a weird argument.

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Speaker 2: And Republicans, you know what is it?

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Speaker 5: They always write in the news when Republicans say something,

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Speaker 5: Republicans pounce. Republicans sees right. It's always how Republicans sees

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Speaker 5: on this and sees on the great they're doing a

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Speaker 5: terrific job of showing that Schumer and Bernie Sanders and

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Speaker 5: the rest only care about a leverage position, which is

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Speaker 5: the abuse of Americans not getting paid.

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Speaker 2: I've said before I don't think people are paying attention to.

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Speaker 5: The shutdown, but I also said the longer this goes

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Speaker 5: on and when people start not getting paid, more people

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Speaker 5: will pay attention.

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Speaker 2: I think we're into the pay attention part of this.

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Speaker 5: The Speaker Mike Johnson, who not only is talking about

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Speaker 5: the shutdown, but talked about this report. If you haven't

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Speaker 5: heard me discuss it, I will Republicans coming out with

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Speaker 5: a report of just exactly how inept not only Biden was,

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Speaker 5: but incapable at the end, and how much it was

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Speaker 5: indeed a cabal running the country and not the president.

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Speaker 6: The House also continues to carry out its essential oversight duties,

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Speaker 6: and you'll be reporting on this all day. But the

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Speaker 6: over Chairman James Comer, released a blockbuster report now on

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Speaker 6: the Biden Autopen presidency. And this report includes forty seven

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Speaker 6: hours worth of transcripts and testimony revealing that every executive

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Speaker 6: action signed by the Autopen without written authorization from President

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Speaker 6: Biden should be voided.

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Speaker 2: This is an.

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Speaker 6: Unprecedented situation in American politics and government. The actions at

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Speaker 6: President Biden simply were not all his own actions, and

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Speaker 6: there are major implications to that, including all the pardons

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Speaker 6: that he signed. Republicans are here in Washington and we're

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Speaker 6: out in our district, fendat across the country doing good

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Speaker 6: work on behalf the people we serve and represent.

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Speaker 7: And what are the Democrats doing. You've seen it.

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Speaker 6: They're posting TikTok videos, they're bragging about using the American

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Speaker 6: people's pain as their political leverage. And House Republicans are

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Speaker 6: taking this day by day just like the rest of

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Speaker 6: the country. We have our House Republicans on a forty

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Speaker 6: hour return notice, so then get back, understanding that some

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Speaker 6: flights may well be delayed, but to get everybody back here.

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Speaker 7: As soon as possible.

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Speaker 6: As soon as the Democrats decide to do the right

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Speaker 6: thing and reopen the government, we will get back to

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Speaker 6: immediate and urgent and necessary business on the House floor itself.

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Speaker 6: We're anxious to get back to that, but we cannot

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Speaker 6: have a regular legislative session until the Democrat do their

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Speaker 6: most basic responsibility to reopen the government and get this

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Speaker 6: moving again.

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Speaker 5: So once again, Speaker Johnson has stated, I'm not calling

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Speaker 5: the members back. They're ready to come back until we

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Speaker 5: vote to open the government. No one's coming back to

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Speaker 5: nothing's happening. Don't tell me about the congresswoman elect from

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Speaker 5: Arizona being seated.

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Speaker 2: Don't tell me about this, that or the other. You

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Speaker 2: do your job.

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Speaker 5: Republicans in the weirdest rarest moment are completely unified on

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Speaker 5: the subject. You're the ones not voting for the continuing Resolution.

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Speaker 5: We'll talk after you pass it. Until then, have a

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Speaker 5: nice time you figure it out. We're just going to

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Speaker 5: point out how terrible you are. And then he reached

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Speaker 5: out to Congressman I think it's Fugler Fluger. Congressman Fluger

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Speaker 5: who got into a whole conversation from the Republican Study

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Speaker 5: Committee about how are members returning to their districts. How

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Speaker 5: do you look veterans and military people in the eye

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Speaker 5: and say, sorry, you're not getting paid.

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Speaker 8: You know, it's really sad to think about what Catherine

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Speaker 8: Clark's said last week. She said, of course there will

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Speaker 8: be families that are going to suffer, but this is

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Speaker 8: one of the few leverage times we have my colleagues

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Speaker 8: stand for families. The Republican Party stands for families because

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Speaker 8: we believe, we know that our greatest asset in this

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Speaker 8: country is the American family, That our country rests on

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Speaker 8: the shoulders of families, that the Republican Party will always

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Speaker 8: advocate for families.

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Speaker 7: That we will look up for families, that we will.

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Speaker 8: Legislate to prosper families. And instead the family is only

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Speaker 8: a point of leverage for our Democrat colleagues. How sad

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Speaker 8: is that, you know, I'm thinking about military families right now.

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Speaker 8: I'm thinking about that soldier who is deployed around the

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Speaker 8: globe to keep our country safe, to push back against

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Speaker 8: a threat.

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Speaker 7: And I'm thinking about that phone call.

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Speaker 8: That that's probably received this year, this month, in the

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Speaker 8: last couple of days, asking whether or not they're going

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Speaker 8: to get a paycheck, talking about the new baby at home,

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Speaker 8: trying to figure out if they're going to be able

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Speaker 8: to pay their rent or even.

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Speaker 7: Buy some groceries or put gas in the car. I

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Speaker 7: was there.

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Speaker 8: I'm a veteran, I've been serving on active duty when

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Speaker 8: shutdowns happened. This is a very stressful time for military families.

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Speaker 8: And commanders right now, instead of being focused on the mission,

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Speaker 8: instead of being focused on the threat, instead of being

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Speaker 8: focused on the training and the exercises that keep our

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Speaker 8: readiness and our lethality at the highest possible levels.

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Speaker 7: Now they're focusing all of their attention.

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Speaker 8: On making sure that they're families of their subordinates, their soldiers,

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Speaker 8: and their airmen, their marines, their sailors are taken care

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Speaker 8: of that they actually have the resources. We have members

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Speaker 8: of the Republican Party who are in our communities right

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Speaker 8: now convening groups of community leaders in banks, food banks,

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Speaker 8: and other resources.

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Speaker 7: Because Schumer has chosen not to pay them.

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Speaker 8: Now, communities are having to take up with zero percent

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Speaker 8: interest bridge loans. Now, communities are having to defer those

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Speaker 8: mortgage payments and those car payments. So where the Democrat

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Speaker 8: Party is failing, our communities are succeeding because they know

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Speaker 8: that the right thing to do is to fund and

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Speaker 8: help in this time of need. You know, the enemy

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Speaker 8: has not shut down. Our enemies around the world want

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Speaker 8: us to be divided. I'm calling on my colleagues on

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Speaker 8: the other side of the aisle who served in the

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Speaker 8: military to do the right thing.

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Speaker 7: We were there We were there when Joe.

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Speaker 8: Biden and Nancy Pelosi put crs on the floor, and

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Speaker 8: guess what, we did the right thing.

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Speaker 7: Multiple times. We did the right thing.

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Speaker 8: Where are my Democrat colleagues who served in uniform to

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Speaker 8: stand up and rise above petty politics to do the

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Speaker 8: right thing. Have you not gone home to your districts

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Speaker 8: to hear from your military communities, from your federal workers.

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Speaker 8: Have you not listened to your local communities telling you

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Speaker 8: to stop the nonsense? No, you know what, they're not there.

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Speaker 8: They're in New York City campaigning for Mondami.

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Speaker 2: I think that's strong. Actually it's August Flueger.

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Speaker 5: He is out of Texas, their chairman of the Republican

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Speaker 5: Study Committee. That's strong. You're not there to take care

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Speaker 5: of military families. The enemy has not stopped. And what

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Speaker 5: are you doing. You're campaigning for this Islamis slash communists,

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Speaker 5: slash communists slash islamis loser in New York. I don't

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Speaker 5: care if New York falls off the clip. That's New

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Speaker 5: York's problem. Although I don't think it's good for any

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Speaker 5: American city to vote for our communist, But holy cow,

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Speaker 5: this guy you campaign for, but you don't have time

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Speaker 5: for your district. Now this has a flip side conversation. Oh,

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Speaker 5: there's the president off on another trip. But he is

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Speaker 5: not willing to negotiate with us. He's not negotiating with you,

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Speaker 5: is correct. He doesn't have to. But he is negotiating

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Speaker 5: with Malaysia, creating peace deals between Cambodia and Thailand, now

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Speaker 5: getting peace deals, not peace deals, but trade deals with

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Speaker 5: Japan and all of this, getting ready for the big

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Speaker 5: dog conversation regarding China. He's doing the job we voted

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Speaker 5: for him to do. This is about you not doing

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Speaker 5: your job. You're campaigning with a kami pinko. That's the story.

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Speaker 5: So as far as again messaging and visuals go, I

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Speaker 5: think Republicans are continuing to engage here because even the

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Speaker 5: military people have got to be like, well, that's a point.

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Speaker 5: And as we've discussed, you have got a union called

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Speaker 5: the American Federation of Government Employees. I think they have

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Speaker 5: eight hundred thousand members, and they're like, pass the continuing

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Speaker 5: resolution and this shutdown today quote no half measures and

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Speaker 5: no gamesmanship. That's real pressure on the Democratic Party, which

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Speaker 5: still isn't going anywhere.

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Speaker 1: Congressman Steve Scalise speakers talked about this over and over again.

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Speaker 1: But what has their reaction been, not figuring out.

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Speaker 4: A solution to get out of it an off ramp, it's.

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Speaker 1: Doing stupid TikTok videos making fun of this situation, thinking

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Speaker 1: that the American people are leverage leverage in their.

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Speaker 4: Game to get some kind of unachievable goal.

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Speaker 1: A trillion and a half dollars in new spending, two

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Speaker 1: hundred billion dollars in taxpayer benefits, free legals, gutting fifty

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Speaker 1: billion dollars out of a healthcare fund for rural hospitals,

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Speaker 1: and again they try to claim it's about something else,

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Speaker 1: maybe it's about healthcare. Well, if it was about healthcare,

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Speaker 1: they wouldn't be gutting fifty billion dollars out of.

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Speaker 4: The rural healthcare fund.

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Speaker 1: They wouldn't have fought, by the way on the Center

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Speaker 1: four months ago to remove a provision the cost sharing

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Speaker 1: ratios that would have lowered premiums on families by eleven percent.

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Speaker 1: It was in our bill, we voted for, it passed

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Speaker 1: out of the House. Democrats are still to this day

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Speaker 1: bragging that they removed that provision from the bill that

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Speaker 1: would have lowered premiums health insurance premiums on families by

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Speaker 1: eleven percent, and they want to talk about healthcare. Give

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Speaker 1: me a break. Look at what they've done. They've wrecked

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Speaker 1: the healthcare system. They fought to raise premiums on families.

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Speaker 1: Democrats have over and over again, and now they're imposing

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Speaker 1: real pain on American families with this shutdown. We've got

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Speaker 1: some new numbers that have come in, and these are

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Speaker 1: not good numbers.

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Speaker 7: Unfortunately.

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Speaker 1: Reuter's reported more than twenty seven hundred flight delayed nation

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Speaker 1: nationwide on Monday, and more than eighty six hundred flight

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Speaker 1: delays just Sunday, eighty six hundred flight delays.

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Speaker 4: Just think of how many families were impacted.

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Speaker 1: Every flight, well over one hundred people on each one

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Speaker 1: of those eighty six hundred flights that were delayed, all

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Speaker 1: because Chuck Schumer and radical Democrats want to use American

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Speaker 1: people as leverage.

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Speaker 5: This leverage conversation even more than what's going on with

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Speaker 5: their travel. This leverage conversation. This I don't know why

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Speaker 5: Democrats said it.

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Speaker 2: This is the leverage we need.

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Speaker 5: Whether it's Katherine Clark there from Massachusetts or it's Bernie Sanders, this,

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Speaker 5: Chuck Schumer, this is a good spot for us. They

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Speaker 5: still I'm convinced that the left still doesn't believe that

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Speaker 5: there are cameras. They don't believe there are microphones. Somehow,

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Speaker 5: because the press so insulates them from anything that's considered

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Speaker 5: real pressure. They still at this moment don't believe that

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Speaker 5: anybody's recording them. They don't believe that anybody's going to

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Speaker 5: take what they say and play it back for them

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Speaker 5: and say, what did you mean by this?

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Speaker 2: To say it's good leverage is nuts.

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Speaker 5: And Republicans, as I said, seizing like seizing is now

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Speaker 5: their main job.

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Speaker 1: A Democrat aide said they won't concede short of quote

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Speaker 1: planes falling.

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Speaker 4: Out of the sky. Who are these people?

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Speaker 1: Didn't they once care about this great nation and making

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Speaker 1: it better and now they think if a plane falls

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Speaker 1: on the sky that's their leverage for what.

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Speaker 4: Goodness? Chuck Schumer quote every day gets better for us?

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Speaker 4: Who is us? Because I can tell you who them are.

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Speaker 1: The American people are sick and tired of Chuck Schumer

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Speaker 1: and his friends thinking it's a better day for him

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Speaker 1: when they are feeling more pain. Senator Koons quote, The

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Speaker 1: point of this shutdown is not just suffering for sufferings sake,

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Speaker 1: But to make a point as if suffering of the

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Speaker 1: American people is not enough. We've heard, of course, over

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Speaker 1: and over again, Catherine Clark. Shutdowns are terror. Of course,

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Speaker 1: there will be families that are going to suffer. But

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Speaker 1: it is one of the few leverage times we have.

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Speaker 1: They keep saying over and over again, they know American

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Speaker 1: people are suffering, they don't care. They want leverage for themselves.

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Speaker 1: They want to show off to their radical socialist base. Bernie,

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Speaker 1: of course, Bernie Sanders, who was on the stage with

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Speaker 1: aoc over with Mandami the other day with their socialist

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Speaker 1: love fest. Bernie, quote, you reopen the government and we

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Speaker 1: lose our leverage. That's what this hole shutdown is about.

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Speaker 1: They're telling you what they mean. Democrats sourced in the

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Speaker 1: Hill article last week that we talked about, quote, we

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Speaker 1: would have enough votes to reopen the government if people

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Speaker 1: were not terrified of getting the guillotine.

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Speaker 5: And that's another part of this, right, The whole leverage

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Speaker 5: thing plays ugly, But the reality is they're not moving

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Speaker 5: because they're afraid of the progressive base that they create.

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Speaker 5: And so there's this great weird thing happening. I want

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Speaker 5: to correct the record right. It is not a fear

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Speaker 5: of their base, of their progressive base. It is in

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Speaker 5: concert with their progressive base. They're not scared of them.

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Speaker 5: They are them. They just don't know it yet. This

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Speaker 5: is what you created, this is what you're in league with.

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Speaker 2: This is what you get.

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Speaker 5: It's not fear because the people who might have fear

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Speaker 5: or will be voted out, they will be pushed out.

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Speaker 5: They will soon be gone. And the mom Dannis of

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Speaker 5: the world are the leadership. The Acossio Corteses are the leadership.

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Speaker 5: Bernie Sanders is still there. Must feel good. Look at

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Speaker 5: the fruits of all of his commie labors. My gosh,

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Speaker 5: this is who they are. Leverage.

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Speaker 2: This is just the beginning.

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Speaker 5: Tearing it down is the goal. So that's what they're doing.

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Speaker 5: There's no question, there's no debate, and it's not fear.

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Speaker 5: This is who they are. This is the Democratic Party.

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Speaker 5: I'm Tony Katz. This is Tony Katz today. So Malay

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Speaker 5: wins big in Argentina. Maybe this is good news for

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Speaker 5: us considering the twenty billion dollars in credit swaps. Maybe

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Speaker 5: we'll actually get our money back. I'm not not holding

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Speaker 5: my breath, but it'd be nice Tony Katz, Tony Katz today,

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Speaker 5: good to be with you. Find everything over at Tony

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Speaker 5: Katz dot com. You should do that immediately, if not sooner.

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Speaker 5: Hobby Mlay a huge, huge win. Investors are very very happy.

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Speaker 5: The Argentinian peso up four percent against the dollar. Turns

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Speaker 5: out that all of those people who said, oh, look,

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Speaker 5: you voted for Hobby Mlay and and all these austerity measures,

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Speaker 5: and I guess that didn't work. I guess now they

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Speaker 5: need us to bail them out. I guess this doesn't work.

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Speaker 5: You need more liberal policies. Resounding is the word that

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Speaker 5: I believe the Wall Street Journal used. This was actually

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Speaker 5: the headline, Malay wins mandate for free market revolution. In

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Speaker 5: Argentina's election, they won almost forty one percent of the

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Speaker 5: national vote. They more than doubled their representation in Congress.

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Speaker 5: I mean, I think in the Senate they went from

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Speaker 5: six seats to twenty seats. I can think what they

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Speaker 5: call the Senate. So that's like a two hundred percent

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Speaker 5: increase plus. That's how well it did. That's how well

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Speaker 5: the party did. This is really interesting conversation.

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Speaker 2: If you take a look at Argentina, you take a

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Speaker 2: look at.

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Speaker 5: Georgia Maloney in Italy. You take a look at what

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Speaker 5: happened in Japan with the election of Sanae Takeichi. I

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Speaker 5: think I'll pronounce you that one right, finally for the

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Speaker 5: first time. And you're seeing this recognition of hey, we're

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Speaker 5: our own nation and we can have relationships. We have

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Speaker 5: to be good as us, we have to be stronger,

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Speaker 5: we have to be better.

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Speaker 2: And some people say, well, that's the rise of nationalism.

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Speaker 2: It's the problem.

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Speaker 5: A recognition of borders and a sense of self is

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Speaker 5: not the problem. The idea of global one global government

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Speaker 5: is a problem.

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Speaker 2: The idea of nationalism thinking that one nation should be

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Speaker 2: able to take over another nation because we're so great,

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Speaker 2: Well that's an issue.

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Speaker 5: But nations saying we can actually fight and win better

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Speaker 5: battles within ourselves, I think that's good. I'm Tony kash

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Speaker 5: So all seems to have gone pretty well with President

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Speaker 5: Trump in Japan. So far, this Asia trip is doing

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Speaker 5: its job. He's having the meetings, he's trying to make

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Speaker 5: the the deals. He's saying, look, we've got frameworks for

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Speaker 5: this and frameworks for that. Well, the only thing that

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Speaker 5: matters is the meeting with Ajijinping and what happens with China.

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Speaker 2: Tony Katz, Tony Katz today.

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Speaker 5: Great to be here, great to be with you find

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Speaker 5: everything over there at Tony Katz dot com.

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Speaker 2: You should do that immediately, if not sooner.

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Speaker 5: If you don't mind the conversation about Japan and what

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Speaker 5: has come of these conversations. Well, first, it is very

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Speaker 5: very clear that the new Prime Minister of Japan, Sanae Takaichi,

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Speaker 5: she's a fan, and certainly one could argue if she's

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Speaker 5: not a fan, she's at least smart enough to understand

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Speaker 5: that you need to have the United States with you

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Speaker 5: when dealing with two things, a pulling your nation out

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Speaker 5: of the stagflation once and for all, and be dealing

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Speaker 5: with the threat that is China.

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Speaker 2: So you know, Trump is there, and of course he's

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Speaker 2: doing what he does.

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Speaker 9: And we had a phenomenal day here in Japan with

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Speaker 9: a momentous trade deal. We met a big, big, beautiful

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Speaker 9: trade deal for both countries. In fact, to the best

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Speaker 9: of my knowledge, I think Japan also had the best

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Speaker 9: stock market day ever. So your new prime minister is

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Speaker 9: doing very well, first female, first woman prime minister. And

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Speaker 9: I said, you already hit the highest stock price you've

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Speaker 9: ever hit. So she's very happy and we spent the

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Speaker 9: whole day together. It was beautiful and she's great. We

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Speaker 9: went out to the USS George Washington, the SS George Washington.

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Speaker 9: It was it was really great, the.

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Speaker 4: Sailors and a lot of others.

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Speaker 9: We had a lot of people, a lot of military

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Speaker 9: people were there, but boy, there was some scene.

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Speaker 2: It was incredible.

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Speaker 4: He wouldn't believe that a ship could hold that many people.

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Speaker 9: But I just want to say that she is a

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Speaker 9: delight and she's going to be. I think she's going

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Speaker 9: to be a great prime minister, really do. I've got

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Speaker 9: to know pretty well in a short period of time.

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Speaker 9: She was a very good friend in Ali of shinzo Abi,

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Speaker 9: who is a friend of mine, one of my best

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Speaker 9: friends in terms of this world, the world of nations.

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Speaker 9: And he was a great man and he got unfortunately

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Speaker 9: what happened to him was sad.

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Speaker 5: The former prime minister of shinzo Abe was assassinated in

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Speaker 5: Takaichi is a protege, and she says so very very

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Speaker 5: proudly of shinzo Abe. And it's true that that Trump

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Speaker 5: and ab actually had a rather good relationship from every source.

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Speaker 2: I have seen this, so that does add to it.

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Speaker 2: This is to.

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Speaker 5: Our advantage to have somebody who is not only pro American,

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Speaker 5: but is very much thinking profoundly about her nation's future,

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Speaker 5: because that means we have a better effort in thwarting China.

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Speaker 2: This is good stuff. Now, there were a series of

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Speaker 2: moves made.

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Speaker 5: Including you have Japan giving the United States two hundred

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Speaker 5: and fifty cherry trees to celebrate the two hundred and

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Speaker 5: fiftieth anniversary of America. You have the purchase that is

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Speaker 5: taking place of Ford F one fifties that Japan has

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Speaker 5: said they're going to do, which the minute Trump heard

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Speaker 5: about I think he was on Air Force when we

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Speaker 5: heard about a Goada. That's smart. You know, that's a

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Speaker 5: hot truck. That is a hot hot truck right there.

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Speaker 5: Good on them, and these people are not fools. It's

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Speaker 5: about building the relationship.

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Speaker 9: But tonight I'm more confident than ever that the friendship

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Speaker 9: between the United States and Japan is strong, as strong

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Speaker 9: as it can be, and it's thriving, it's prosperous, and

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Speaker 9: it will.

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Speaker 7: Soon be I think.

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Speaker 9: Greater than ever before. And we had four great years.

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Speaker 9: You know, we had the greatest economy in the history

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Speaker 9: of our country. But we're blowing it away this time.

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Speaker 9: To be honest with you, we're blowing that was we

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Speaker 9: had four great years.

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Speaker 5: Of course he starts talking about him, He starts talking

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Speaker 5: about the country and the economy.

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Speaker 2: Look what I created, and look what we had, Look

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Speaker 2: what Biden did.

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Speaker 5: But talking about that, the friendship between the United States

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Speaker 5: and Japan is strong, as strong as it can be,

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Speaker 5: and it's thriving. That's what Japan wants to hear. That

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Speaker 5: is absolutely the kind of talk that they want to have.

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Speaker 5: They want to be able to say that we have

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Speaker 5: gotten the relationship and through that relationship, we're going to

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Speaker 5: be able to grow other opportunities. They signed the Rare

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Speaker 5: Earth's Deal, they signed a conversation or engage a deal

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Speaker 5: about nuclear power. All of these things, all of these

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Speaker 5: things are not just about hey, America's going to make

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Speaker 5: some loot, not just about Japan saying, hey, Japan's going

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Speaker 5: to make some loots. All of this is how do

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Speaker 5: you tie together to deal with the Chinese threat.

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Speaker 2: That's all there is.

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Speaker 5: It was interesting Reuters made the point they made no

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Speaker 5: direct public mention of China, which processes more than ninety

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Speaker 5: percent of the world's rare earths, making it the source

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Speaker 5: of each country's concern about its mineral supply chain. So

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Speaker 5: they were China's been engaging in export curbs, and when

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Speaker 5: they did that, it was Trump He said them, well,

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Speaker 5: I don't need to meet with Jesion Peng. He's going

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Speaker 5: to be like this. That's fine. But now rare earth

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00:25:55,880 --> 00:26:00,840
Speaker 5: has been the focus, has been a serious, serious subject

440
00:26:00,880 --> 00:26:04,240
Speaker 5: for Trump. You saw, I think it was the deal

441
00:26:04,280 --> 00:26:06,880
Speaker 5: with Australia. You've seen other deals. You saw the deal

442
00:26:07,000 --> 00:26:10,040
Speaker 5: just a day or two ago with Malaysia on rare earths,

443
00:26:10,080 --> 00:26:13,280
Speaker 5: and now the deal with Japan. The issue with rare

444
00:26:13,359 --> 00:26:15,680
Speaker 5: earth minerals. I mean, we should be at least all

445
00:26:15,760 --> 00:26:21,119
Speaker 5: understanding what it is we're talking about. It's not that

446
00:26:21,240 --> 00:26:26,520
Speaker 5: we don't have the access of the minerals, and these

447
00:26:26,560 --> 00:26:30,200
Speaker 5: things are used in critical components, electronics, things like that.

448
00:26:31,440 --> 00:26:39,760
Speaker 5: It's that the clearing, the cleaning, the processing of rare earth.

449
00:26:41,320 --> 00:26:44,840
Speaker 2: That is dirty, dirty work.

450
00:26:46,040 --> 00:26:49,520
Speaker 5: And the issue there is that not every nation is

451
00:26:49,640 --> 00:26:55,840
Speaker 5: set up to do this dirty work, and so it

452
00:26:56,040 --> 00:26:59,920
Speaker 5: is China that is set up to do this dirty work.

453
00:27:00,920 --> 00:27:06,639
Speaker 5: They have the most amount of control over its sale

454
00:27:07,160 --> 00:27:09,120
Speaker 5: and utility.

455
00:27:09,280 --> 00:27:10,720
Speaker 2: The last thing in the world you.

456
00:27:10,720 --> 00:27:17,199
Speaker 5: Want is China having this level of control. There are

457
00:27:17,200 --> 00:27:22,160
Speaker 5: other nations that have rarers. Canada has a lot of rarers,

458
00:27:23,200 --> 00:27:25,800
Speaker 5: but it's about the other parts of it. So China

459
00:27:25,840 --> 00:27:28,760
Speaker 5: has been the key player in this. Other nations are

460
00:27:28,760 --> 00:27:35,760
Speaker 5: coming along now ipso facto after the fact the relationship deals.

461
00:27:35,560 --> 00:27:39,879
Speaker 5: It's the same way China is working, although they do

462
00:27:39,920 --> 00:27:43,960
Speaker 5: it differently. To get soybeans grown in South America so

463
00:27:44,000 --> 00:27:45,960
Speaker 5: they don't have to rely on American farmers, so you

464
00:27:45,960 --> 00:27:46,840
Speaker 5: can cut them right out.

465
00:27:46,840 --> 00:27:48,960
Speaker 2: Twelve and a half billion dollars.

466
00:27:48,720 --> 00:27:51,160
Speaker 5: That right now because of the trade issues has gone

467
00:27:51,200 --> 00:27:55,840
Speaker 5: to zero on soybean sales to China. They utilize soybeans

468
00:27:55,840 --> 00:28:00,280
Speaker 5: and soybean byproducts to feed the hugs, which are a

469
00:28:00,680 --> 00:28:02,320
Speaker 5: massive source.

470
00:28:03,080 --> 00:28:04,919
Speaker 2: I would argue the primary source. So that could have

471
00:28:04,960 --> 00:28:06,080
Speaker 2: changed in the last couple of years.

472
00:28:06,280 --> 00:28:09,400
Speaker 5: I don't think it has primary source of food for

473
00:28:09,720 --> 00:28:15,720
Speaker 5: the Chinese people. Massive massive industry in China. How people

474
00:28:15,760 --> 00:28:19,440
Speaker 5: get fed, it's it's pigs and so soybeans are a

475
00:28:19,520 --> 00:28:21,719
Speaker 5: huge part of that diet. That's what they have had

476
00:28:21,760 --> 00:28:23,360
Speaker 5: to rely in the United States for. They don't want

477
00:28:23,359 --> 00:28:26,199
Speaker 5: to rely in the United States. So they've been working

478
00:28:26,640 --> 00:28:29,679
Speaker 5: with South American nations. Now understand, they don't work with

479
00:28:29,720 --> 00:28:32,720
Speaker 5: them because they don't engage free trade. They say, hey,

480
00:28:32,720 --> 00:28:35,880
Speaker 5: here's all this money, and then basically they're buying that nation.

481
00:28:36,200 --> 00:28:39,640
Speaker 5: This has happened in Africa repeatedly. Oh yeah, well we'll

482
00:28:39,640 --> 00:28:41,120
Speaker 5: have trade with you. Hey, you know what, we'll build

483
00:28:41,120 --> 00:28:42,960
Speaker 5: an airport for you. We'll build an airport for you.

484
00:28:43,000 --> 00:28:44,400
Speaker 2: In that way, things can get in and out easy

485
00:28:44,400 --> 00:28:45,040
Speaker 2: to be. It's so great.

486
00:28:45,320 --> 00:28:47,400
Speaker 5: And oh yeah, now we control the airport. We decide

487
00:28:47,400 --> 00:28:49,360
Speaker 5: who gets in and out and what gets.

488
00:28:49,080 --> 00:28:49,520
Speaker 2: In and out.

489
00:28:49,880 --> 00:28:53,280
Speaker 5: And that is how you take over a country without

490
00:28:53,280 --> 00:28:54,520
Speaker 5: having to fire a shot.

491
00:28:55,720 --> 00:28:57,120
Speaker 2: It's China, We get it.

492
00:28:57,880 --> 00:29:02,600
Speaker 5: I didn't I didn't say anything that you didn't already know. Now,

493
00:29:02,640 --> 00:29:04,920
Speaker 5: maybe you didn't know that that's how China is operating.

494
00:29:05,160 --> 00:29:06,680
Speaker 5: But once you heard it, you're like, well, of course

495
00:29:06,720 --> 00:29:09,680
Speaker 5: that's how China's operating. All right, I'm busy with my life, right,

496
00:29:09,720 --> 00:29:11,480
Speaker 5: You've got your job, you got your kids, you got

497
00:29:11,480 --> 00:29:13,920
Speaker 5: your things. You haven't thought about that. But the minute

498
00:29:13,960 --> 00:29:15,800
Speaker 5: you hear it, you're like, well, of course it's how

499
00:29:15,880 --> 00:29:18,960
Speaker 5: China does it. Of course, why would anybody be shocked

500
00:29:19,040 --> 00:29:20,880
Speaker 5: or surprised when they heard that.

501
00:29:21,040 --> 00:29:24,120
Speaker 2: It would make you go, oh really, well, yeah, of

502
00:29:24,160 --> 00:29:26,520
Speaker 2: course that's China. China spending money.

503
00:29:26,560 --> 00:29:32,560
Speaker 5: I'm building like railways, a railcar systems in South America

504
00:29:32,760 --> 00:29:36,400
Speaker 5: so they could transport the soybeans, all to cut.

505
00:29:36,200 --> 00:29:37,040
Speaker 2: Out the United States.

506
00:29:37,120 --> 00:29:40,840
Speaker 5: So this is the objective of trying to You're not

507
00:29:40,840 --> 00:29:43,760
Speaker 5: going to cut China out. I don't know how that

508
00:29:43,800 --> 00:29:46,280
Speaker 5: one would work. I would need much more research to

509
00:29:46,360 --> 00:29:49,360
Speaker 5: figure that one out. But rather, how do you limit

510
00:29:50,640 --> 00:29:54,960
Speaker 5: lessen China's capability and the more rare earth you're able

511
00:29:55,000 --> 00:29:57,320
Speaker 5: to get processed and from other places?

512
00:29:57,520 --> 00:29:58,720
Speaker 2: You do what you.

513
00:29:58,760 --> 00:30:02,800
Speaker 5: Drive down cost. If you're driving down cost, you are

514
00:30:02,840 --> 00:30:07,840
Speaker 5: playing the Reagan oil game on Gorbachev and you are

515
00:30:08,040 --> 00:30:14,040
Speaker 5: sinking economies, which is exactly how you beat the Chinese.

516
00:30:14,240 --> 00:30:20,760
Speaker 5: You beat the Chinese by beating them economically. You economically

517
00:30:20,960 --> 00:30:26,440
Speaker 5: starve them, you economically strangle them. Now, I'm not saying

518
00:30:26,440 --> 00:30:28,080
Speaker 5: that in the end, I mean it is China. It

519
00:30:28,160 --> 00:30:30,560
Speaker 5: might not involve a fight. I don't want to see

520
00:30:30,560 --> 00:30:33,880
Speaker 5: that fight. Nobody wants that fight. How do you do it?

521
00:30:34,600 --> 00:30:39,200
Speaker 5: You create hardship in China that gets the people who

522
00:30:39,280 --> 00:30:43,600
Speaker 5: have been promised a lifestyle through this communist, communist embrace.

523
00:30:44,160 --> 00:30:48,360
Speaker 5: It gets them to be anxious and they start to

524
00:30:48,440 --> 00:30:53,000
Speaker 5: get what's the word I'm looking for? That's right upity,

525
00:30:53,080 --> 00:30:58,720
Speaker 5: that's the story, and that's what I believe Japan is

526
00:30:58,760 --> 00:31:03,280
Speaker 5: all in for. That's what Australia's all in for. This

527
00:31:03,360 --> 00:31:08,280
Speaker 5: whole conversation about August, the Australia UK US agreement, now

528
00:31:08,280 --> 00:31:11,080
Speaker 5: that's quite a few years old now, but the building

529
00:31:11,120 --> 00:31:14,360
Speaker 5: of submarines in Australia.

530
00:31:14,720 --> 00:31:15,440
Speaker 2: You know, we talk.

531
00:31:15,320 --> 00:31:17,920
Speaker 5: About our US Navy and the need for more ships,

532
00:31:17,920 --> 00:31:20,240
Speaker 5: and I've been on this for years and it's very,

533
00:31:20,360 --> 00:31:22,760
Speaker 5: very true. We need much more ship building, not only

534
00:31:22,800 --> 00:31:25,800
Speaker 5: in the cargo ship place, but in destroyers and aircraft carriers.

535
00:31:25,680 --> 00:31:28,120
Speaker 2: And all these things. We need to get a.

536
00:31:28,120 --> 00:31:32,720
Speaker 5: Cruisers back out there and engaged in the fight anytime

537
00:31:32,720 --> 00:31:33,920
Speaker 5: we need it aggressively.

538
00:31:34,160 --> 00:31:36,160
Speaker 2: We need a three hundred and forty ship navy.

539
00:31:36,200 --> 00:31:41,280
Speaker 5: I am a believer in this philosophy ten thousand percent.

540
00:31:42,560 --> 00:31:45,920
Speaker 2: This has to happen. But we're really good at submarines,

541
00:31:46,640 --> 00:31:50,600
Speaker 2: like we're we're really really we're really really really.

542
00:31:50,280 --> 00:31:54,680
Speaker 5: Good at submarines. We just we've really got to figure

543
00:31:54,680 --> 00:31:57,280
Speaker 5: it out. The technologies are out of control and it's

544
00:31:57,280 --> 00:32:00,000
Speaker 5: a place where we have beyond dominating.

545
00:32:01,480 --> 00:32:03,520
Speaker 2: There's nothing wrong with being even better at it.

546
00:32:03,920 --> 00:32:07,720
Speaker 5: And so if we're gonna build in Australia, why is

547
00:32:07,760 --> 00:32:09,000
Speaker 5: that so important to us?

548
00:32:09,040 --> 00:32:10,000
Speaker 2: Take a look at the map.

549
00:32:11,080 --> 00:32:14,920
Speaker 5: The strategic importance of building submarines and then launching from

550
00:32:14,920 --> 00:32:17,160
Speaker 5: Australia is you're.

551
00:32:17,040 --> 00:32:18,160
Speaker 2: Already where you need to be.

552
00:32:19,360 --> 00:32:23,120
Speaker 5: You don't have to go halfway around the globe to

553
00:32:23,320 --> 00:32:26,240
Speaker 5: get there. To keep an ear on people, to keep

554
00:32:26,280 --> 00:32:29,760
Speaker 5: an eye on people, to keep the Taiwan straight clear.

555
00:32:30,280 --> 00:32:31,360
Speaker 2: Lord only knows.

556
00:32:32,000 --> 00:32:35,840
Speaker 5: Because if you allow China to be the hegemonic power,

557
00:32:36,080 --> 00:32:38,040
Speaker 5: you have a problem with the navigable seas.

558
00:32:38,280 --> 00:32:39,800
Speaker 2: Therefore you have a problem with trade.

559
00:32:40,120 --> 00:32:42,280
Speaker 5: And you take a look at Japan, you take a

560
00:32:42,280 --> 00:32:43,560
Speaker 5: look at Australia, and that's not.

561
00:32:43,480 --> 00:32:44,120
Speaker 2: What they want.

562
00:32:44,440 --> 00:32:47,400
Speaker 5: And so you go back to this conversation, this meeting

563
00:32:47,680 --> 00:32:53,040
Speaker 5: with Japan, and really go back to Japan's election, Go

564
00:32:53,160 --> 00:32:58,120
Speaker 5: back to the election here of choosing Sanai Takeichi.

565
00:32:58,840 --> 00:32:59,960
Speaker 2: This is a big deal.

566
00:33:00,360 --> 00:33:00,440
Speaker 8: This.

567
00:33:00,600 --> 00:33:03,800
Speaker 5: You know, we talk about Argentina and the vote from

568
00:33:03,920 --> 00:33:07,960
Speaker 5: la and winning re election and his party getting record numbers.

569
00:33:08,440 --> 00:33:11,720
Speaker 5: This is about nations saying there's a better way. We

570
00:33:11,760 --> 00:33:13,400
Speaker 5: got to believe in ourselves and we got to have

571
00:33:13,440 --> 00:33:15,920
Speaker 5: the right relationships with others, and we need people who

572
00:33:15,960 --> 00:33:19,280
Speaker 5: know how to make those relationships work. And so there

573
00:33:19,360 --> 00:33:22,560
Speaker 5: she is. That's what these meetings are about. That's what

574
00:33:22,560 --> 00:33:25,760
Speaker 5: makes them so important. And yes, they're hugely important for Japan.

575
00:33:26,600 --> 00:33:29,880
Speaker 5: Let's not be fools. They're very important for us. These

576
00:33:29,880 --> 00:33:36,280
Speaker 5: strategic relationships, these friendships, this is all about thwarting the

577
00:33:36,400 --> 00:33:41,400
Speaker 5: China threat. Good work, mister president. Let's hope it holds.

578
00:33:41,840 --> 00:33:44,680
Speaker 5: I'm Tony Katz. This is Tony Katz Today. This was

579
00:33:44,720 --> 00:33:52,280
Speaker 5: a fascinating headline from CNBC. Bill Gates softens climate disaster approach,

580
00:33:52,760 --> 00:33:57,680
Speaker 5: says strategy needs to shift. So are you admitting that

581
00:33:57,760 --> 00:33:59,960
Speaker 5: you have been one of these doom and gloom people

582
00:34:00,120 --> 00:34:03,160
Speaker 5: in order to amass power or believe that people should

583
00:34:03,200 --> 00:34:05,840
Speaker 5: listen to you And now you realized, wait a second,

584
00:34:05,960 --> 00:34:08,799
Speaker 5: maybe not everything is doom and gloom. Or do you

585
00:34:08,840 --> 00:34:11,160
Speaker 5: want to shift strategies so you can push more doom

586
00:34:11,200 --> 00:34:13,880
Speaker 5: and gloom? Which what are we looking at here? Tony Katz,

587
00:34:14,280 --> 00:34:16,800
Speaker 5: Tony Katz today, Good to be with you. It was

588
00:34:16,840 --> 00:34:20,279
Speaker 5: a letter that he published and Bill Gates said, too

589
00:34:20,320 --> 00:34:24,040
Speaker 5: many resources are going toward climate change instead of issues

590
00:34:24,120 --> 00:34:25,320
Speaker 5: like welfare and poverty.

591
00:34:25,480 --> 00:34:29,880
Speaker 2: Oh oh, this is interesting.

592
00:34:30,440 --> 00:34:33,560
Speaker 5: Gates is arguing there are too many resources focused on

593
00:34:33,600 --> 00:34:36,760
Speaker 5: emissions and the environment, and there' should be more money

594
00:34:36,760 --> 00:34:40,680
Speaker 5: going to improving lives and curbing disease and poverty, saying,

595
00:34:40,800 --> 00:34:43,520
Speaker 5: quote this was an interview with Aaron Andrew Ross Sorkin

596
00:34:44,000 --> 00:34:47,000
Speaker 5: quote climate is super important, but has to be considered

597
00:34:47,040 --> 00:34:50,319
Speaker 5: in terms of overall human welfare. I didn't pick that

598
00:34:50,360 --> 00:34:54,440
Speaker 5: position because everybody agrees with it. It's I think, intellectually

599
00:34:54,840 --> 00:34:58,080
Speaker 5: the right answer. So allow me to kind of cut

600
00:34:58,080 --> 00:35:02,279
Speaker 5: through some of this for you. What Bill Gates is

601
00:35:02,480 --> 00:35:06,600
Speaker 5: saying is we got to focus over here instead of

602
00:35:06,680 --> 00:35:09,879
Speaker 5: over there. But if we focus over here, we can

603
00:35:09,960 --> 00:35:13,319
Speaker 5: have more people do what we say. Now, I'm asking you,

604
00:35:13,680 --> 00:35:16,200
Speaker 5: am I off base there? Because I think I'm not

605
00:35:16,400 --> 00:35:20,360
Speaker 5: off base there. This is Gates calling out the doomsday

606
00:35:20,440 --> 00:35:22,759
Speaker 5: view of climate change, and you need to make a

607
00:35:22,800 --> 00:35:26,600
Speaker 5: strategic pivot to focus on what has quote greatest impact

608
00:35:26,600 --> 00:35:28,759
Speaker 5: on human welfare. Let me give you a part two

609
00:35:28,800 --> 00:35:31,920
Speaker 5: of this, maybe the place you went to first. We've

610
00:35:32,000 --> 00:35:35,120
Speaker 5: tried to tell people the sky is falling about the environment,

611
00:35:35,400 --> 00:35:37,520
Speaker 5: and they never believed us, and it turns out we're

612
00:35:37,560 --> 00:35:39,960
Speaker 5: a bunch of liars and frauds. So now we have

613
00:35:40,040 --> 00:35:43,640
Speaker 5: to find another way to gain control. Now see now,

614
00:35:43,640 --> 00:35:46,560
Speaker 5: you see, now you're with me. Now, that's exactly what

615
00:35:46,640 --> 00:35:47,200
Speaker 5: happened here.

616
00:35:48,000 --> 00:35:50,840
Speaker 2: Wow. I just didn't know they'd be so honest about it.

617
00:35:50,880 --> 00:35:51,040
Speaker 9: Now.

618
00:35:51,080 --> 00:35:53,400
Speaker 5: I could be wrong. I could just be being, you know,

619
00:35:54,480 --> 00:35:56,120
Speaker 5: a little cynical, but.

620
00:35:56,120 --> 00:35:57,880
Speaker 2: I don't think I am.

621
00:35:58,000 --> 00:36:00,399
Speaker 5: We'll follow the story find everything at Tony CA's dot

622
00:36:00,440 --> 00:36:01,520
Speaker 5: com tomorrow.

623
00:36:01,520 --> 00:36:03,120
Speaker 2: Everyone, you'd be good. Now take care,