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Speaker 1: Seven tenors. Mark Simone show continues Now well Steve, brilliant

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Speaker 1: economist Steve Moore, of course you seem all over television.

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Speaker 1: Read his columns. Is one coming in the Wall Street Journal,

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Speaker 1: and make sure you get his book is brilliant book,

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Speaker 1: The Trump Economic Miracle. If you really want to understand this,

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Speaker 1: better get Steve Moore's book. Also, make sure you subscribe

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Speaker 1: to the daily Briefing, the hotline. It's the best one

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Speaker 1: there is. It's free, it'll come write to your email.

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Speaker 1: Just go to Unleash prosperity dot com. Unleash Prosperity dot com.

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Speaker 1: Steve Moore, how you doing.

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Speaker 2: Well, Mark, I'm doing great. Twenty twenty six is off

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Speaker 2: to a rip roar and start. We've seen amazing gains

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Speaker 2: in the stock market. We've seen, you know, an incredible

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Speaker 2: military operation that will go down in the annals of history.

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Speaker 2: Is one of the most flawless operations ever. We liberated

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Speaker 2: thirty million people in Venezuela, a very humanitarian mission and

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Speaker 2: I think in places coming down, jobs are going up.

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Speaker 2: GDP's going up. It's going to be a blockbuster year.

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Speaker 1: Yeah, you know, Venezuela is fascinating. There's no better example

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Speaker 1: of the uselessness of socialism. He decides to go socialist.

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Speaker 1: Everybody's starving to death. It's horrible. They're sitting on three

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Speaker 1: hundred billion barrels of oil there seventeen Yeah, why was

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Speaker 1: he in these drug things? Why didn't he just become

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Speaker 1: an oil baron?

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Speaker 2: You know, we had something in how you mentioned our

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Speaker 2: hotline thank you and by the way, that's free. Folks

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Speaker 2: just go to onun least past thirty to kind of

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Speaker 2: get that for free. But on Monday we had an

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Speaker 2: item that got a lot of attention which we just

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Speaker 2: we just walked people through with charts. What had happened

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Speaker 2: to Venezuela since they went communists back in around two

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Speaker 2: thousand and This was a country, it was fairly middle

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Speaker 2: class country. They had, as you said, they have trillion

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Speaker 2: dollars of oil resources. First of all, they've cut their

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Speaker 2: oil production by two thirds, the one thing that they

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Speaker 2: were getting money from they couldn't even run the oil wells.

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Speaker 2: And so you had you had the poverty rate in

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Speaker 2: u in Venezuela is seventy five to eighty percent. What

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Speaker 2: seventy five to eighty percent of people in Venezuela living

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Speaker 2: in public. This is a country, by the way, that

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Speaker 2: has as much oil as Saudi Arabia. I don't see

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Speaker 2: a lot of stop poverty in Saudi Arabia, do you.

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Speaker 2: Everybody's rich in Saudi Arabia. And so there the eight

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Speaker 2: million people have left. They lost a quarter of their citizens.

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Speaker 2: You've seen inflation, you know, it's so funny, Mark, you

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Speaker 2: know we in I don't know, funny story word, but

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Speaker 2: you know in the US, will you have three or

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Speaker 2: four percent in place? Oh? My god, plays out of control.

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Speaker 2: You know what inflation? Ate wasn't Venezuela five hundred percent?

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Speaker 2: What five hundred percent inflation? So people stopped using the currency.

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Speaker 2: You know, the only thing they could trade in was dollars.

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Speaker 2: So they destroyed their currency. They put everybody in poverty.

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Speaker 2: Their their homicide ran rate went up by about one

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Speaker 2: thousand percent. It's one of the most unsafe. It was,

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Speaker 2: at least until our troops came in, one of the

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Speaker 2: most unsafe. Caracas was one of the most unsafe cities

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Speaker 2: in the world. On and on and on they destroyed it.

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Speaker 2: And now, you know, let's keep our fingers crossed and

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Speaker 2: pray that they can get those oils bigots going again

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Speaker 2: and they should be a rich country and if they

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Speaker 2: do it right, they will, but it requires what Milton

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Speaker 2: Friedman told us is, you know, free markets are the

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Speaker 2: way to go. And Vince Nellie Poland, you may have

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Speaker 2: seen Poland. We had some story on this Poland when exactly,

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Speaker 2: you know, when they became free and the Berlin Wall

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Speaker 2: came down. They've had one of the fastest growing economies

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Speaker 2: over the last thirty years.

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Speaker 1: Yeah. I think you pointed out they Polish economy is

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Speaker 1: now as big as Japan's economy.

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Speaker 2: Incredible. I mean, it's just unbelievable what's happened there because

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Speaker 2: of their free So this is not complicated. You know,

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Speaker 2: a boy, New York could use some free market capitalism.

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Speaker 1: Yeah, good luck.

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Speaker 2: But I mean the latest I'm reading, Mark is that

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Speaker 2: they're talking about like putting so many restrictions on rental

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Speaker 2: properties in New York City. Nobody's going to build another

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Speaker 2: apartment building for twenty years there.

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Speaker 1: Yeah. Now he points this housing director. She took down

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Speaker 1: her whole Twitter ataunt crazy, she took it down.

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Speaker 2: Oh my god.

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Speaker 1: She had tweeted home ownership as white supremacy.

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Speaker 2: So yeah, well, you know what you're not gonna have

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Speaker 2: any homeownership in New York because there's not going to

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Speaker 2: be any homes to buy. I mean, who would buy

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Speaker 2: under these kind of conditions? Who would build a new

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Speaker 2: apartment building in New York? Now? You know?

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Speaker 1: But you watch this Mondonnie talk. He seems like a

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Speaker 1: very smart young guy. Very smart. Why is he so?

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Speaker 1: Why did they get so crazy with this socialism? Why

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Speaker 1: did they become irrational over it?

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Speaker 2: You know, it's a real indictment of our education system

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Speaker 2: because Mndonnie is well educated, he's well spoken, he's not

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Speaker 2: a dummy. He just has really really crazy ideas. And

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Speaker 2: you ask the question where did they come from? I

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Speaker 2: think they came from the you know, the faculty lounges

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Speaker 2: at these crazy universities. I do.

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Speaker 1: Yeah. I don't think he can use the phrase well

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Speaker 1: educated anymore, because if you go to these places you're

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Speaker 1: not well educated. You come out Yeah exactly.

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Speaker 2: Yeah, he's he has let me say, he's got a

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Speaker 2: lot of years of education, but I don't think he

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Speaker 2: has any you know, common sense. And I think we

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Speaker 2: have to do a real soul search as a country

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Speaker 2: about what are what are universities and schools teaching kids

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Speaker 2: because by the way that you know, the people who

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Speaker 2: were most enamored by Mandami were the young people in

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Speaker 2: New York.

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Speaker 1: Yeah. Wow, But you point out in the hotline this week,

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Speaker 1: you look at cities like Dallas or Miami, they're just booming.

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Speaker 1: They're attracting business like that. Crazy. Why can't everybody see that?

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Speaker 2: Yeah? I mean in the Dallas mayor. By the way,

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Speaker 2: they've a new mayor. He's African American. He's an African

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Speaker 2: American Republican, and he's basically saying, hey, you know Wall Street,

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Speaker 2: you know, if you're fed up with the high taxes

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Speaker 2: and high regulations, we're open for business here. We now

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Speaker 2: have a Texas Stock Exchange. Why not, You're Dallas is

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Speaker 2: out of one hundred thousand financial service jobs in just

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Speaker 2: the last ten years. So they are building Wall Street

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Speaker 2: South and New York better, you know, stop taxing the

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Speaker 2: people who create the wealth in that city or they're

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Speaker 2: going to be gone.

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Speaker 1: Yeah hey all that are you going.

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Speaker 2: To take the big bull you know in front of

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Speaker 2: Wall Street and Ukraine and did and you know, transport

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Speaker 2: that to Dallas. I mean, look, I say this facetiously,

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Speaker 2: but as you know, I worked for ten years at

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Speaker 2: the Wall Street Journal. I love New York City. New

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Speaker 2: York City is the most important city in the world, arguably,

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Speaker 2: and we cannot allow it to to go.

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Speaker 1: Yeah. Now, the other thing goes on with these socialists.

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Speaker 1: Money disappears like crazy Somalia fraud. And what about this

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Speaker 1: green green scheme, this climate green scheme that took billions

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Speaker 1: and zillions, And will we ever get it back? Can

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Speaker 1: we ever plot back?

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Speaker 2: Are you talking about the thing in Washington State?

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Speaker 1: Yeah? All of it?

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Speaker 2: Yeah, which went? I mean the whole thing. I mean,

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Speaker 2: we've spent hundreds of billions of dollars on climate change

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Speaker 2: and none of it has changed the temperature by one

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Speaker 2: hundredth of a degree, so it has had no impact whatsoever.

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Speaker 2: But people are getting really, really rich off of this,

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Speaker 2: and so fortunately Trump is really starting to defund a

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Speaker 2: lot of the cheap programs because they don't work. And

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Speaker 2: finally the American people are onto this scam. So the

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Speaker 2: best way to by the way, the more you know,

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Speaker 2: we can produce natural gas, which is Venezuela has a

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Speaker 2: lot of that, Oklahoma has a lot of Texas natural

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Speaker 2: gas is the best way to reduce carbon emissions. So right,

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Speaker 2: is the left against natural gas production?

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Speaker 1: Yeah. Also, you know, look at the New York City.

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Speaker 1: You know, the charge of an extra couple bucks for

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Speaker 1: congestion pricing. We're sitting on a ton of natural gas,

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Speaker 1: aren't we here in New York State? That would pay

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Speaker 1: for everything.

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Speaker 2: Oh yeah, you know, New York should be one of

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Speaker 2: the major oil and gas produce in the world. You're

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Speaker 2: right there on the shale formation. And you know, I've

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Speaker 2: said this many times. In Pennsylvania, they you know, go

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Speaker 2: down and they go horizontally underneath New York and suck

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Speaker 2: out your oil. So they you don't that's that's pretty

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Speaker 2: stupid for New York to outlaw. You know, that'd be

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Speaker 2: like Texas saying, oh, we're not going to drive for

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Speaker 2: oil anymore. See, that would be a smart policy.

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Speaker 1: It's like Maduro, let's not bother with that oil underneath us.

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Speaker 1: So yeah, we'll speak more great stuff now, the Committee

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Speaker 1: to Unleashed Prosperity, which you put together. It's a great

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Speaker 1: organization and every morning the best briefing analysis. I don't

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Speaker 1: know how you guys write that. It's really good stuff

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Speaker 1: and it's free, right and they can just get it.

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Speaker 2: Sign up, just go. Yeah, it's fun. And in bed way,

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Speaker 2: you mentioned I thought you were talking about item today

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Speaker 2: that they had a program in Washington State that was

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Speaker 2: supposed to reduce by eight million tons of carbon emissions

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Speaker 2: and it turned out to only eighty thousand, so they

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Speaker 2: were off by.

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Speaker 1: Well that's this daily briefing has the best analysis of

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Speaker 1: the stories you know, and it has all these stories

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Speaker 1: you don't know about. But it's free. Just go sign

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Speaker 1: up for the hotline Unleash Prosperity dot com. And Steve Moore,

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Speaker 1: you got a column coming in the Wall Street Journal.

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Speaker 2: Well we're doing something on this. How about this idea

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Speaker 2: index capital gains taxes for inflation, so you pay only

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Speaker 2: the tax on you know, you're after inflation gain. And

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Speaker 2: we think that will spurl out of new housing coming

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Speaker 2: on the market, and so keep stay tuned for that.

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Speaker 1: I like it. And get Steve Moore's book, The Trump

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Speaker 1: Economic Miracle. It's excellent. Steve Moore, a miracle. You're gonna

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Speaker 1: have to do a volume two in a couple of years.

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Speaker 2: All right, Mark, thanks.

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Speaker 1: For being with us. Take care the great Steve Moore.

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Speaker 1: And that is the best daily analysis and briefing. It's free.

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Speaker 1: Just sign up. Go to Unleash Prosperity dot com sign

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Speaker 1: up for the hotline. Hey, don't forget Buck and Clay

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Speaker 1: at noon today. I love listening to them every day

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Speaker 1: twelve noon. Then you got the most listened to radio

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Speaker 1: show in America. Sean Hannity got Jesse Kelly at six

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Speaker 1: and Jimmy Fayla does the best show. It's funny, it's interesting,

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Speaker 1: every night at nine, and he'll be with us in

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Speaker 1: the next hour here on seven, ten, wor