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Speaker 1: Welcome to today's edition of The Clay Travis and Buck

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Speaker 1: Sexton Show podcast. Welcome everybody to the Monday edition of

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Speaker 1: The Clay Travis and Buck Sexton Show. This is Buck.

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Speaker 1: I'm gonna be solo this week. Clay is on vacation Italy,

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Speaker 1: having a great time with the family, and boy, oh boy,

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Speaker 1: do we have a lot to talk about. The second

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Speaker 1: largest bank failure in US history occurred on Friday. We

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Speaker 1: got a lot of banks right now getting crushed in

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Speaker 1: terms of their stock price. The contagion has spread a bit.

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Speaker 1: Biden saying that your money will be there when you needed.

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Speaker 1: Emergency actions taken by the federal government here all to

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Speaker 1: prevent the domino effect of banking collapse that could lead

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Speaker 1: to not just a recession, but even a depression. We

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Speaker 1: are not out of the woods, and I think many

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Speaker 1: people are just beginning to understand what the implications of

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Speaker 1: this really are. A lot of fingerpointing going on, Oh,

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Speaker 1: it's Trump's fault because of deregulation. They say, well, that's interesting.

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Speaker 1: Biden's been president for two years. Why didn't he address

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Speaker 1: the regulations that Trump deregulated. A lot of people also

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Speaker 1: pointing to the wokeness and the obvious left wing Democrat

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Speaker 1: positioning of the Silicon Valley Bank and the people that

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Speaker 1: run it. And so there's quite a bit of schadenfreude

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Speaker 1: right now as they have blown up their balance sheet.

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Speaker 1: Their bank is well, it is caput, but it has

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Speaker 1: been given a second life now by the federal government.

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Speaker 1: We will discuss all of this. Spent much of the

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Speaker 1: weekend looking into everything happening here and want to talk

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Speaker 1: about where this is likely all going. Basically, are we

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Speaker 1: in the beginning of a massive financial crisis instead of

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Speaker 1: a contained, don't worry about it moment? Is this just

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Speaker 1: the beginning? Is this the first domino to fall? We'll

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Speaker 1: discuss this. You also have a massive immigrant hoarde storming

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Speaker 1: a checkpoint in al Paso, Texas, about a thousand of

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Speaker 1: them just making a run for it across the border

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Speaker 1: and a big push. People are starting to say, wait,

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Speaker 1: maybe they're not really asylum seekers. Maybe something else is

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Speaker 1: going on here. Yeah, you don't say. And over the

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Speaker 1: weekend a video went very viral of a Fifth Circuit judge,

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Speaker 1: Federal Judge Duncan, who was at Stanford University Law School,

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Speaker 1: and the Stanford students and a diversity dean, because that's

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Speaker 1: apparently a job that you have to have it all

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Speaker 1: these schools. In fact, many many people have that job

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Speaker 1: to be the enforcers of d EI, to be the

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Speaker 1: commissars of wokeness. She lectured him and effectively was part

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Speaker 1: of an ambush, a verbal ambush of this federal judge

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Speaker 1: at Stanford University Law School as well. We'll discuss that

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Speaker 1: coming up later on in the program. All right, we've

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Speaker 1: got to start with where we are with the banks plural.

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Speaker 1: You'll notice, because you've had a lot of banks that

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Speaker 1: are having big problems with their stock price right now.

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Speaker 1: You've had temporary trading halts in dozens of banks, some

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Speaker 1: of them had shares falling fifty sixty, even up to

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Speaker 1: seventy five percent when the markets opened at nine to

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Speaker 1: thirty am Eastern today. Now Joe Biden is out there

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Speaker 1: telling everybody that your money is safe, don't worry about it,

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Speaker 1: It's all going to be fine. This is clip three,

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Speaker 1: Joe Biden telling everybody the government is covering deposits. Play three.

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Speaker 1: All customers who had deposits in these banks can rest assured.

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Speaker 1: I'm gonna rest assured they'll be protected. They have access

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Speaker 1: to their money as of today. That includes small businesses

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Speaker 1: across the country that bank there and need to make payroll,

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Speaker 1: pay their bills, and stay open for business. No losses

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Speaker 1: will be and I'm like this is an important point.

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Speaker 1: No losses will be borne by the taxpayers. I mean

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Speaker 1: to repeat that, no losses will be borne by the taxpayers. Instead,

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Speaker 1: the money will come from the fees at banks, payings

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Speaker 1: of the deposit Insurance Fund. Okay, let's just start with

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Speaker 1: basic facts here. This is a bailout. They're saying it

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Speaker 1: is not a bailout, but this is a bailout. They're

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Speaker 1: just trying to structure it in a way that it

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Speaker 1: seems less like the downside. Here. First, Silicon Valley Bank

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Speaker 1: is being socialized. Right. The upside is all capitalism. We're geniuses,

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Speaker 1: we get to pay ourselves huge bonuses. The downside, the

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Speaker 1: losses are socialized. It's whoa, This is society's loss. And

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Speaker 1: it's interesting because Silicon Valley Bank had been a lobbying

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Speaker 1: for years that it was not necessary for it to

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Speaker 1: have the same stringent balance sheet requirements and risk management

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Speaker 1: requirements because it wasn't a systemically important bank SIB that

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Speaker 1: it was a bank that should be able to operate

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Speaker 1: a little more on the edge. Well now it has

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Speaker 1: fallen off the edge, and we are told that there

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Speaker 1: has to be the government swooping in. Janet Yellen says

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Speaker 1: there will be no bailout, but that's not really true.

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Speaker 1: Play clip one. Let me be clear that during the

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Speaker 1: financial crisis there were investors and owners of systemic large

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Speaker 1: banks that were built out and we're certainly not looking

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Speaker 1: and the reforms that have been put in place means

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Speaker 1: that we're not going to do that again. But they're

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Speaker 1: kind of doing something similar. Here's here's what's happen, and

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Speaker 1: it's complicated, and I know that there are there are

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Speaker 1: a lot of competing narratives, a lot of things you're

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Speaker 1: hearing out there. First of all, over the weekend, the

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Speaker 1: big debate was should you just let the bank fail

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Speaker 1: and should the depositors have to deal with the fact

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Speaker 1: that they now have effectively an IOU beyond the guaranteed

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Speaker 1: two hundred and fifty thousand dollars per account that the

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Speaker 1: FDIC ensures that they would have an IOU when the

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Speaker 1: bank assets would be sold or what they have been sold.

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Speaker 1: They were selling them at auction effectively, because once you

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Speaker 1: understand what really happened here, it becomes more clear how

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Speaker 1: how it is that this could happen first of all

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Speaker 1: at other banks, and also I think everyone understands the

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Speaker 1: politics that are at work, but effectively, you had the

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Speaker 1: IOUs that they would have instead of So if you

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Speaker 1: have a million dollars in the bank, right, seven hundred

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Speaker 1: and fifty thousand of that is wait, am I getting

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Speaker 1: that right? Yes, seven hund fifty thousand of that is insured,

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Speaker 1: not insured, rather not in shurt. So you have two

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Speaker 1: hundred fifty thousand dollars that are in sure, but the

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Speaker 1: FDIC seven fifty k you're on your own. You'd have

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Speaker 1: some share that the bank's assets. A Silicon Valley bank

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Speaker 1: would supposedly pay back to you at some point. You'd

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Speaker 1: recoup the money at some point in time. And that's

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Speaker 1: not good enough because for a lot of small businesses

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Speaker 1: out there that we're banking with them, just parking their

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Speaker 1: money with them, they got to make payroll, so that's

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Speaker 1: not going to work. So they need the money now.

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Speaker 1: So what is the FED doing? The FED is taking

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Speaker 1: onto its balance sheet the treasuries, particularly that Silicon Valley

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Speaker 1: Bank bought in order to make more yield on the

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Speaker 1: money that it was given, and they're buying it at

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Speaker 1: this point in time, taking onto the FED balance sheet.

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Speaker 1: So really the government is and if in effect here

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Speaker 1: stepping in in some capacity, and it is a bailout.

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Speaker 1: I mean, they're gonna all at all these different things.

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Speaker 1: But if it was left to its own devices, you

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Speaker 1: would have to have a liquidation of the bank and

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Speaker 1: all the rest, and that would be a problem for

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Speaker 1: a whole lot of people. Right now, with two hundred

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Speaker 1: plus billion dollars of assets, there's a lot of money

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Speaker 1: here that is at stake for people, right so now

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Speaker 1: you have the well why is it that we have

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Speaker 1: a two hundred and fifty thousand dollars People are asking

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Speaker 1: this question over the weekend. There's a lot of questions here,

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Speaker 1: by the way, and this is fascinating and I haven't

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Speaker 1: even gotten into is just going to get a whole

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Speaker 1: lot worse And even if it doesn't get catastrophically worse immediately,

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Speaker 1: what are banks going to do? In response to this,

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Speaker 1: everyone says, oh, they need tighter regulations. You know what

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Speaker 1: it's going to happen less lending. Well, gee, that means

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Speaker 1: less credit. What do we think less credit does to

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Speaker 1: the economy. That's the thing that's gonna be a fun one.

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Speaker 1: The original sin of all of this, the original sin

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Speaker 1: was creating artificially low interest rates, which effectively destroyed the

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Speaker 1: bond market through the machinations of the FED and the

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Speaker 1: federal government and the printing trillions of dollars. That's the

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Speaker 1: basis for all of this. That's how we even got

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Speaker 1: into the mess in the first place. Now, some people

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Speaker 1: are gonna say, puck the Zekoll Island in the beginning

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Speaker 1: of the Federal Reserve. Okay, but I mean the recent

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Speaker 1: the recent basis for all of this. The bill is

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Speaker 1: coming due for that. That's what you're seeing right now.

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Speaker 1: It turns out that if you manipulate the market as

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Speaker 1: a function of government policy, so you have artificially low

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Speaker 1: interest rates because you're trying to keep stimulating the economy

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Speaker 1: with more and more money, and you're printing, you're putting

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Speaker 1: more money into the economy, and people can't actually get

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Speaker 1: any yield for the money that they're putting into well

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Speaker 1: banks but also bonds because those interest rates are so low.

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Speaker 1: You create economic dislocations. You create a market that is

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Speaker 1: inefficient and that can have both bubbles and collapses. Bubbles

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Speaker 1: and collapses. Doesn't that seem like something we should all

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Speaker 1: pay very close attention to right now? So over the

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Speaker 1: weekend there people are arguing, this is just a bunch

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Speaker 1: of Democrat fat cat donors who run Silicon Valley Bank.

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Speaker 1: They should bear all of the consequences on their own

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Speaker 1: and if you're a depositor, too bad. Well the problem

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Speaker 1: of that is what kind of valley banks? Not the

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Speaker 1: only one that it seems, got on the wrong side

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Speaker 1: of investing in treasuries, taking these long term investments that

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Speaker 1: allow them to get some yield there on the money

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Speaker 1: that is deposited with them. So they're on the wrong

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Speaker 1: side of this like other banks are on the wrong

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Speaker 1: side of this. There's a very rapid run on the bank,

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Speaker 1: forty billion dollars in one day, people saying we want

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Speaker 1: our money out, we want our money out. If this

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Speaker 1: happens at other places, then you've got not just a

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Speaker 1: financial crisis in the making, you have a financial catastrophe

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Speaker 1: because you're gonna have people that aren't going to have

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Speaker 1: access to pay bills and pay staff and employees right now.

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Speaker 1: And maybe it gets unwound in the next six months

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Speaker 1: or they figure it out down the line. But what

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Speaker 1: happens in the meantime job loss is economic destruction, bad things.

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Speaker 1: On the other side of this. There are people who

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Speaker 1: keep pointing out though, so the way this system seems

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Speaker 1: to work is we say that your accounts are FDIC

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Speaker 1: backed up to two hundred and fifty thousand dollars, But

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Speaker 1: really the banking system is such now that you're unlimited

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Speaker 1: in your as long as there's a politically potent narrative

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Speaker 1: behind it. You're unlimited in what the government will backstop

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Speaker 1: for yours. So why even have the two hundred and

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Speaker 1: fifty thousand dollar limit for FDIC Also kind of an

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Speaker 1: arbitrary number, isn't it. What's that really all about? When

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Speaker 1: you start to look at this, you see the banking

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Speaker 1: system a lot of it is based on, you know,

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Speaker 1: operating as a big black box. People don't really understand.

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Speaker 1: There are people who are arguing, well, you should lose

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Speaker 1: all of the money that you invested in Silicon Valley

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Speaker 1: Bank because they didn't do meaning the depositors didn't do

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Speaker 1: the due diligence to know what the bank is really doing. Okay,

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Speaker 1: does anybody do the due diligence before they invest in

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Speaker 1: a bank that is capitalized, an FDIC back in, etc.

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Speaker 1: I mean, we got to really think about this. Does

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Speaker 1: anyone do that? Does anyone even know how to do that?

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Speaker 1: I mean, if you told me I had to do

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Speaker 1: due diligence on JP Morgan Chase or Bank of America

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Speaker 1: or you know what, Covey or what massive banks, where

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Speaker 1: do you start? You kind of assume, and this is

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Speaker 1: the bottom line truth of it all. You kind of

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Speaker 1: assume that there are adults in charge and people more

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Speaker 1: or less know what's going on, and that will all

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Speaker 1: be okay. The whole system is based on trust. That's

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Speaker 1: the whole banking system. Really. Ultimately, it's trust. Otherwise it's

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Speaker 1: numbers on a computer screen. We're not even really trading

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Speaker 1: in hard currencies. You're not even really going to the

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Speaker 1: bank teller anymore. When was the last time even went

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Speaker 1: to a bank, not an ATM machine, a bank and

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Speaker 1: did anything else? You'll say, oh, well, a month ago

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Speaker 1: or six months ago, Okay, some people might say that

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Speaker 1: a few years. So how much due diligence can you

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Speaker 1: really do with all of this? So you know, there's

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Speaker 1: there's many layers of this. There's what is it going

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Speaker 1: to do to the economy? Big piece? Right? What is

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Speaker 1: the Biden administration doing about all of this? And there

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Speaker 1: are a bunch of incompetent buffoons. We know that who

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Speaker 1: is going to pay, who is getting bailed out? How

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Speaker 1: much worse can this get? These are all questions that

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Speaker 1: are still being answered. And one thing that keeps a

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Speaker 1: thought that keeps bouncing around my head on all of

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Speaker 1: this is if you were looking for the match that

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Speaker 1: could start the conflagration of a major recession, a two

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Speaker 1: thousand and eight style recession, a series of bank failures.

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Speaker 1: By the way, it's not just SVB that has failed.

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Speaker 1: There are three of them, I believe now that have

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Speaker 1: officially failed in the last few days, and a whole

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Speaker 1: lot of other banks under tremendous pressure right now in

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Speaker 1: terms of their stock price because people are worried about them.

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Speaker 1: Wouldn't this be if you were if you were war

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Speaker 1: gaming as an economist or somebody who just wants to

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Speaker 1: know where the country's going. If you're going to war game,

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Speaker 1: how things get really ugly economically really fast, and how

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Speaker 1: you could have massive spikes in unemployment and a huge

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Speaker 1: depression in real estate prices, and just just go down

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Speaker 1: the list all the things, all the reset mechanisms in

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Speaker 1: an economy that has been overheated and just full of bubbles.

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Speaker 1: If you were getting ready for that, or if you

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Speaker 1: thought that was com wouldn't a series of bank failures

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Speaker 1: be one of the most likely ways that it would begin.

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Speaker 1: That's a thought that keeps sponsor gram My head. I

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Speaker 1: hope it is not true. I hope that this is

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Speaker 1: relatively contained, and it may be, but no matter what,

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Speaker 1: it's a reminder of how fragile this whole system is.

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Speaker 1: Jim Kramer was on TV a month ago telling people,

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Speaker 1: you know the guy on TV. He's like, hey, buy this,

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Speaker 1: buy that. You know, Hong Kong, and he's like playing

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Speaker 1: the noises and the bull noise and everything else. He

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Speaker 1: was telling people to buy SVB a month ago. This

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Speaker 1: is a problem with reliance on experts and adults in

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Speaker 1: the room. People are greedy, people are fearful. People do

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Speaker 1: not want to be held accountable when they make mistakes.

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Speaker 1: We'll get into all this, by the way, if you

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Speaker 1: happen to work in the banking industry and you have

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Speaker 1: some particular insight on this one you've dealt with, SVB

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Speaker 1: would love to hear from you eight hundred two two

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Speaker 1: eight two on the phone lines. We'll get back to

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Speaker 1: it in a moment. The daylight savings change throw you

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Speaker 1: buck Sexton Making sense in an insane world. Biden attempts

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Speaker 1: to restore confidence in US banks. That's the headline on

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Speaker 1: Fox right now, and you're seeing similar headlines all across

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Speaker 1: the media. US banks. It's all gonna be okay, they

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Speaker 1: keep telling us. Don't worry about it. Everything is going

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Speaker 1: to be just fine. When it comes to your bank.

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Speaker 1: You don't want to have to be told that everything

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Speaker 1: is going to be just fine. You just want to

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Speaker 1: go on believing that it will be there and the

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Speaker 1: money that you've worked to make that you keep in

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Speaker 1: the bank is safe. They're telling you it is, But

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Speaker 1: there are clearly problems. Some banks are dealing with the

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Speaker 1: reality that their stock press are we down. Look, we

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Speaker 1: will continue to follow this and see if we have

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Speaker 1: any updates on this over the course of the program.

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Speaker 1: But it is interesting because this is all relying on

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Speaker 1: what are effectively elite governed institutions or elitist governed institutions

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Speaker 1: with the major banks all the way down to your

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Speaker 1: regional banks, and something like Silicon Valley Bank is a

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Speaker 1: place that you're supposed to think has very very smart

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Speaker 1: people operating it. But people over the weekend we're seeing

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Speaker 1: a video, a video that perhaps challenges from another angle,

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Speaker 1: the sense that our institutions of the elites are run

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Speaker 1: by and full of really smart people, people who are

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Speaker 1: super intelligent, and you know they they've done, they've all

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Speaker 1: done so much better than everybody else on all that testing,

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Speaker 1: and they're just all brilliant, and just let them do

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Speaker 1: what they do and let them run things. It's clearly

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Speaker 1: not the case with the banks, and everybody remembers two

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Speaker 1: thousand and eight, just a bunch of greedy people taking

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Speaker 1: advantage of their positions, bunch of pigs at the trough,

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Speaker 1: making sure they could get more than everybody else, and

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Speaker 1: almost melted down the entire financial system globally in the process.

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Speaker 1: Now we have the banksters at a Silicon Valley bank

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Speaker 1: creating a crisis through their own mismanagement. And I can

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Speaker 1: tell you right now people are going to be frustrated

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Speaker 1: and this will continue because the folks running that bank

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Speaker 1: they will continue to be rich. They will be after

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Speaker 1: all this is done. They will be rich, they will

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Speaker 1: be connected. They will not suffer the ones making the decisions,

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Speaker 1: the ones that were making all the upside when things

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Speaker 1: were good. But you wonder, how does this happen? What

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Speaker 1: else is in Silicon Valley? Stanford University, Palo Alto. I mean,

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Speaker 1: it's basically it's in the Bay area, right, Palo Alto,

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Speaker 1: Silicon Valley. They are right there. And Stanford University has

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Speaker 1: produced graduates, particularly from the computer science department, that have

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Speaker 1: built enormously successful companies, if people founders of Google, etc.

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Speaker 1: So you think Stanford's got to have really really smart people.

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Speaker 1: The Harvard of the West Coast people will say, right,

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Speaker 1: and Stanford graduates and sure will tell you it's even

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Speaker 1: better than Harvard whatever. Who cares. Point being, you're supposed

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Speaker 1: to be really impressed. You are supposed to think that

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Speaker 1: people that go to these the same way that the

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Speaker 1: people that are paying themselves millions, maybe tens of millions

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Speaker 1: of dollars to run banks can make the most How

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Speaker 1: hard is it to know that interest rates might turn

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Speaker 1: against you, given that we're having unprecedented rate or rate hikes,

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Speaker 1: and all the efforts to combat inflation. This wasn't actually

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Speaker 1: that difficult to foresee. But they were greedy. Here, here's

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Speaker 1: what we'll do. We'll make money this way. And now

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Speaker 1: it seems they're right because they're making money, and now

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Speaker 1: they're gonna get bailed out. On the other side of it, Okay,

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Speaker 1: Stanford University, it is full of brilliant people and run

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Speaker 1: by really wise people. That's what the public is supposed

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Speaker 1: to think. But what you've seen is that the left,

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Speaker 1: like the virus of the brain that it is, is

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Speaker 1: destroying all these institutions entirely. They were always left leaning.

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Speaker 1: Now the inmates entirely run the asylum. That's what's happening.

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Speaker 1: And this has been growing and getting more and more

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Speaker 1: obvious for years now. Judge Kyle Duncan, Federal judge on

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Speaker 1: the Fifth Circuit, was invited by the Federalist Society. Do

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Speaker 1: you go speak at Stanford University Law School. Now, the people,

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Speaker 1: the students in the Stanford University Law School, you're to think,

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Speaker 1: have the highest LSAT scores, are of the highest character

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Speaker 1: and integrity, and are absolutely devoted to the Constitution and

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Speaker 1: the rule of law. That's what you're supposed to think.

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Speaker 1: In reality, you have a bunch of lunatic, left wing,

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Speaker 1: woke social justice activists, many of whom have gotten in

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Speaker 1: there honestly with highly mediocre scores on all these things.

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Speaker 1: Or if they even did well, it's because they just

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Speaker 1: learned how to play the system in school and get

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Speaker 1: the grades they need to get by holding the opinions

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Speaker 1: and the positions that you're supposed to. And there's a

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Speaker 1: whole videos, it's quite quite long online you can see

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Speaker 1: of this speech. People students, law students at Stanford Law School.

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Speaker 1: We're standing up. This is the second most elite law

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Speaker 1: school in the country. And they had signs written this

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Speaker 1: is for a visiting federal judge. You think maybe maybe,

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Speaker 1: even if they disagree with them whatever, they would want

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Speaker 1: to at least hear what the sitting federal judge has

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Speaker 1: to say about the constitutional law. But of course they

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Speaker 1: don't to say. They heckled him, as an understatement, they

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Speaker 1: shouted over him, they screamed profanity at him, They talked

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Speaker 1: about him and his wife and sexuality. I mean things

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Speaker 1: I cannot repeat on the radio. This is how they speak,

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Speaker 1: this is how Oh they're so smart, they're amazing Stanford

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Speaker 1: Law Schoo will hire them to the best law firms

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Speaker 1: of the country. This is how this collection of woke

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Speaker 1: imbeciles acted. But what makes it even worse is that

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Speaker 1: there was he asked for a Judge Duncan. Now, fortunately

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Speaker 1: Judge Duncan I believe, did have marshals there, so at

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Speaker 1: least he doesn't he would think, have to worry about

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Speaker 1: his physical safety, or he has some level of protection

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Speaker 1: for his physical safety from these are all you know,

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Speaker 1: woke overgrown babies. Now none of them ever been in

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Speaker 1: a fistfight in their lives, which, unfortunately is part of

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Speaker 1: the problem. A lot of woke people are used to

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Speaker 1: being very aggressive in places where the administration will protect them,

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Speaker 1: or they're very aggressive online. They don't have to deal

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Speaker 1: with another human being in a context where the power

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Speaker 1: is not entirely on the side of the woke aggressor

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Speaker 1: who's saying, really, why don't you you know, say that again?

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Speaker 1: What did you say say that to my face? Come

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Speaker 1: a little closer. All these these deeply unhappy woke maniacs

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Speaker 1: go through life without ever actually dealing with real conflict

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Speaker 1: or the threat of real conflict, and they think they're

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Speaker 1: brave you know, they're the one that shows up at

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Speaker 1: the end of the bar fight shouting, yeah, that's right,

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Speaker 1: you're lucky I didn't get in there. You know, that's

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Speaker 1: that's the mindset of the woke. But they brought along

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Speaker 1: this diversity and inclusion Dean. This is a an administrator,

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Speaker 1: a bureau crat, probably making one hundred and fifty to

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Speaker 1: two hundred and fifty k too, you know, waltz around

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Speaker 1: from classroom to classroom, building to building and tell everybody

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Speaker 1: about how racist everything is and how you better agree

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Speaker 1: with everything she says or else you're racist too, and

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Speaker 1: and just just feeds all the most most destructive grievance

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Speaker 1: politics of the student body of minority students. Oh, it's

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Speaker 1: so hard. Oh my gosh. I'm a I'm I'm I'm

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Speaker 1: a Latino student. I'm a black student at Stanford. It's

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Speaker 1: I'm so oppressed. I have I have McKinsey and Golden

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Speaker 1: Sacks offering me one hundred and eighty grand my first

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Speaker 1: year out of school. It's been so hard. And the

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Speaker 1: diversity Dan exists there to say yes, yes, you got

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Speaker 1: in here with SATs three hundred points lower than many

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Speaker 1: of your colleagues. And aren't paying a dime to go

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Speaker 1: to this school. That caused some of the you know,

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Speaker 1: middle other middle class kids who are going caused their

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Speaker 1: parents sixty five thousand and seventy thousand dollars a year.

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Speaker 1: You're going for free, but you're very oppressed, and you

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Speaker 1: should be very upset at the system. And you better

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Speaker 1: make sure that when you go to Goldman Sachs, or

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Speaker 1: when you go to McKinsey or Bane, or when you

430
00:26:15,280 --> 00:26:19,919
Speaker 1: take a job at you know, Wachtel or whatever. These are.

431
00:26:19,920 --> 00:26:21,800
Speaker 1: Now these are law school students, right, so they're gonna

432
00:26:21,800 --> 00:26:26,600
Speaker 1: go to law firms. Yeah, that that you make sure

433
00:26:26,640 --> 00:26:29,560
Speaker 1: that diversity inclusion is the top of the agenda there too.

434
00:26:30,720 --> 00:26:34,480
Speaker 1: Oh okay, okay, So this dean shows up while the

435
00:26:34,560 --> 00:26:36,760
Speaker 1: judge is trying and there's I mean, you've got to

436
00:26:36,760 --> 00:26:38,160
Speaker 1: see the video. Well, well, you know what, we should

437
00:26:38,160 --> 00:26:40,120
Speaker 1: put it up at clayinbuck dot com so anyone who's

438
00:26:40,119 --> 00:26:42,920
Speaker 1: watching this can see it and you can watch it.

439
00:26:42,920 --> 00:26:44,919
Speaker 1: It's horrific. I mean, the things that they were saying,

440
00:26:46,160 --> 00:26:51,120
Speaker 1: I would never say to any adult. It was a disgrace,

441
00:26:51,200 --> 00:26:56,480
Speaker 1: an utter disgrace, honestly, and I wish I could say

442
00:26:56,560 --> 00:26:58,520
Speaker 1: but you know, I know there's family and kids listening

443
00:26:58,560 --> 00:27:01,040
Speaker 1: and everything to the show. So we also have you

444
00:27:01,280 --> 00:27:03,960
Speaker 1: FCC rules. But if I could even just read to

445
00:27:04,000 --> 00:27:06,600
Speaker 1: you what the signs were that they were holding up

446
00:27:07,040 --> 00:27:09,399
Speaker 1: while they were shouting him down. They didn't let him speak,

447
00:27:09,480 --> 00:27:12,920
Speaker 1: they didn't let him get out a word, and yell

448
00:27:13,000 --> 00:27:18,840
Speaker 1: over him. Then this dean, this dean comes over and

449
00:27:18,960 --> 00:27:21,399
Speaker 1: it's an ambush. She had a speech written out, and

450
00:27:21,520 --> 00:27:25,280
Speaker 1: here is just a section. This is an employee of

451
00:27:25,400 --> 00:27:30,320
Speaker 1: Stanford University whose job is you would think to be

452
00:27:30,440 --> 00:27:35,719
Speaker 1: the adult in the room. Here. She is Angela Stein,

453
00:27:36,359 --> 00:27:41,400
Speaker 1: Tyrian Angela Stein back play clip twelve. I really do

454
00:27:41,520 --> 00:27:46,040
Speaker 1: wholeheartedly welcome because me and many people in this administration

455
00:27:46,160 --> 00:27:49,800
Speaker 1: to absolutely believe in pre speech. We believe that it

456
00:27:49,880 --> 00:27:53,919
Speaker 1: isn't necessary. We believe that the way to address speech

457
00:27:54,000 --> 00:27:57,920
Speaker 1: that feels a for us, that feels harmful, that literally

458
00:27:58,000 --> 00:28:01,919
Speaker 1: denies the humanity, that one way to do that is

459
00:28:01,920 --> 00:28:05,480
Speaker 1: with more speech and not less, and not to shut

460
00:28:05,520 --> 00:28:09,000
Speaker 1: you down or censor you, or censor the student group

461
00:28:09,040 --> 00:28:12,080
Speaker 1: that invited you here. That is hard, that is uncomfortable,

462
00:28:12,560 --> 00:28:15,199
Speaker 1: and that is a policy and a principle that I

463
00:28:15,240 --> 00:28:19,560
Speaker 1: think is worthy of defending even in this time, even

464
00:28:19,600 --> 00:28:22,280
Speaker 1: in this time, and again I still ask is the

465
00:28:22,359 --> 00:28:28,280
Speaker 1: Jews with as please? She is lecturing him on how

466
00:28:28,400 --> 00:28:33,640
Speaker 1: much the idiot leftist ideology that she represents values free speech.

467
00:28:34,520 --> 00:28:37,840
Speaker 1: When she is in a room of people who are

468
00:28:37,880 --> 00:28:41,600
Speaker 1: shouting him down every time he tries and intentionally shouting

469
00:28:41,640 --> 00:28:44,360
Speaker 1: him down every time he tries to say anything. He

470
00:28:44,360 --> 00:28:47,080
Speaker 1: would try to speak, they would all start screaming and say,

471
00:28:47,160 --> 00:28:49,880
Speaker 1: you know, shut up at you know, all kinds of curses,

472
00:28:49,960 --> 00:28:53,880
Speaker 1: and you know, they were challenging. They were challenging the

473
00:28:53,960 --> 00:28:57,360
Speaker 1: judge's sexual capabilities. I don't know what else to say, folks,

474
00:28:57,400 --> 00:28:59,520
Speaker 1: that's what they're doing a federal judge. These are law

475
00:28:59,560 --> 00:29:06,920
Speaker 1: schools students who are who are questioning his manhood shouting it.

476
00:29:07,040 --> 00:29:09,520
Speaker 1: How do you now? I'm just what do you think

477
00:29:09,520 --> 00:29:14,520
Speaker 1: would happen if a group of Federalist Society students, which

478
00:29:14,520 --> 00:29:16,560
Speaker 1: they would never do this because the Federalist Society is

479
00:29:16,600 --> 00:29:21,880
Speaker 1: intellectual and you know, is very respectful and is something

480
00:29:21,880 --> 00:29:25,040
Speaker 1: that campuses should all celebrate and should grow on campuses.

481
00:29:25,040 --> 00:29:27,120
Speaker 1: But anyway, what would happen if a group of students

482
00:29:27,160 --> 00:29:32,160
Speaker 1: associate with the Federalist Society when a female minority judge

483
00:29:32,160 --> 00:29:36,560
Speaker 1: showed up all started shouting over her and saying, well,

484
00:29:36,600 --> 00:29:38,920
Speaker 1: did you get your job because you're qualified? Or did

485
00:29:38,920 --> 00:29:42,120
Speaker 1: you get your job because of affirmative action? And then said, well,

486
00:29:42,160 --> 00:29:44,280
Speaker 1: you know, Joe Biden, for example, said he was only

487
00:29:44,320 --> 00:29:47,480
Speaker 1: going to a point a female black Supreme Court justice.

488
00:29:47,520 --> 00:29:50,600
Speaker 1: So it seems fair to ask, is this something that

489
00:29:50,600 --> 00:29:53,960
Speaker 1: happens elswhere in the system? Did you just for the

490
00:29:54,000 --> 00:29:58,040
Speaker 1: purposes of discussion here, female minority judge, Did you get

491
00:29:58,080 --> 00:29:59,760
Speaker 1: this because you did so well in the alsats that

492
00:29:59,760 --> 00:30:02,320
Speaker 1: are so it's a brilliant lawyer, or because of identity politics?

493
00:30:02,480 --> 00:30:04,040
Speaker 1: What do you think would happen if those students not

494
00:30:04,040 --> 00:30:07,000
Speaker 1: only ask that question but shouted down every time she

495
00:30:07,080 --> 00:30:11,160
Speaker 1: tried to answer, they would be expelled. You know it,

496
00:30:11,400 --> 00:30:14,200
Speaker 1: I know it. Everybody knows it. You know what Stanford

497
00:30:14,280 --> 00:30:16,920
Speaker 1: University did here. Oh, it's so elite, the students are

498
00:30:16,920 --> 00:30:20,280
Speaker 1: so smart. Put out some letter. This is a violation.

499
00:30:20,960 --> 00:30:25,760
Speaker 1: This is a violation of student policy of the campus.

500
00:30:26,000 --> 00:30:29,960
Speaker 1: And we apologize for the disruption and this should not

501
00:30:30,040 --> 00:30:33,480
Speaker 1: have happened. And so yes, there's an apology. I mean,

502
00:30:33,680 --> 00:30:37,840
Speaker 1: that's it nothing. You know. They also put out a

503
00:30:37,920 --> 00:30:40,840
Speaker 1: notice to the students that if they felt emotionally harmed

504
00:30:40,840 --> 00:30:43,320
Speaker 1: by this, they should go speak to a dean about it,

505
00:30:43,360 --> 00:30:44,840
Speaker 1: you know, like the dean who was a part of

506
00:30:44,840 --> 00:30:47,960
Speaker 1: the ambush here. Now you might say, we'll block this

507
00:30:48,000 --> 00:30:50,920
Speaker 1: is Stanford, maybe it's not as well. No, this is

508
00:30:50,920 --> 00:30:53,600
Speaker 1: at every school. Now, this is all over the place,

509
00:30:54,680 --> 00:30:57,120
Speaker 1: and we can either fight it or they can brainwash

510
00:30:57,120 --> 00:31:00,760
Speaker 1: your kids. And if they can't brainwash your kids, they're

511
00:31:00,760 --> 00:31:03,120
Speaker 1: going to persecute your kid when he or she gets

512
00:31:03,120 --> 00:31:05,720
Speaker 1: to college. They're either going to be able to brainwash

513
00:31:05,760 --> 00:31:10,240
Speaker 1: them or they're going to punish them for not going

514
00:31:10,240 --> 00:31:14,240
Speaker 1: along with this lunatic ideology. But more to the point here,

515
00:31:15,240 --> 00:31:18,240
Speaker 1: this is all to the point, I guess these supposedly

516
00:31:18,240 --> 00:31:23,560
Speaker 1: a leading institutions are not that anymore wokeness d and

517
00:31:23,840 --> 00:31:28,800
Speaker 1: I or d EI. These policies of the left have

518
00:31:29,840 --> 00:31:34,320
Speaker 1: made these places really for those who know, a laughing stock. Now,

519
00:31:34,360 --> 00:31:37,160
Speaker 1: they still have a lot of cultural cachet and power influence,

520
00:31:37,200 --> 00:31:40,840
Speaker 1: and there's a lot of powerful, rich companies are going

521
00:31:40,880 --> 00:31:43,760
Speaker 1: to recruit out of them. But it takes a long time.

522
00:31:44,240 --> 00:31:46,280
Speaker 1: You know, this is an iceberg that is melting and

523
00:31:46,320 --> 00:31:49,160
Speaker 1: it will take time. But the iceberg is melting. My friends.

524
00:31:50,120 --> 00:31:52,800
Speaker 1: These places are no longer what they once, at least

525
00:31:53,240 --> 00:31:58,400
Speaker 1: were believed to be, which is institutions that that at

526
00:31:58,440 --> 00:32:04,600
Speaker 1: some level aspire to foster excellence. Nope, that's not the now.

527
00:32:04,600 --> 00:32:07,640
Speaker 1: It's just a little factory of Marxism. That's what these

528
00:32:07,720 --> 00:32:11,280
Speaker 1: colleges have become. There's not a day that goes by

529
00:32:11,320 --> 00:32:13,640
Speaker 1: without some reminder in the news at being prepared for

530
00:32:13,760 --> 00:32:16,600
Speaker 1: everything and anything. It's a good thing. Just ask our

531
00:32:16,600 --> 00:32:18,960
Speaker 1: friends in California who got snowed in for more than

532
00:32:19,000 --> 00:32:21,920
Speaker 1: two weeks, or those who are contending with serious flooding

533
00:32:22,000 --> 00:32:24,480
Speaker 1: right now. One of the really important things to take

534
00:32:24,520 --> 00:32:26,960
Speaker 1: on is stocking up on a supply of emergency food.

535
00:32:27,360 --> 00:32:29,960
Speaker 1: Like it or not, you may well need this food someday,

536
00:32:30,240 --> 00:32:32,080
Speaker 1: so you want to get it now, have it on

537
00:32:32,160 --> 00:32:35,280
Speaker 1: hand before it's too late. Go to my Patriot Supply

538
00:32:35,360 --> 00:32:38,200
Speaker 1: dot com stock up on their popular three month emergency

539
00:32:38,240 --> 00:32:40,840
Speaker 1: food kid. When you do, you'll also get two hundred

540
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Speaker 1: dollars worth of rugged survival gear as a free bonus.

541
00:32:44,040 --> 00:32:46,160
Speaker 1: To see what you get, go to my Patriot Supply

542
00:32:46,320 --> 00:32:49,160
Speaker 1: dot com. Your two hundred dollar bonus gift comes free

543
00:32:49,160 --> 00:32:52,120
Speaker 1: with each three month emergency food. Kid you order so

544
00:32:52,200 --> 00:32:54,920
Speaker 1: everybody in your family is fully prepared. We've got this

545
00:32:55,000 --> 00:32:57,440
Speaker 1: in our household, and Clay his family, they've got it

546
00:32:57,480 --> 00:33:01,080
Speaker 1: set up to go to my Patriots Supply dot com

547
00:33:01,120 --> 00:33:04,080
Speaker 1: and enjoy free shipping. That's right, free shipping when you

548
00:33:04,120 --> 00:33:08,760
Speaker 1: go to my Patriot Supply dot com. Our three of

549
00:33:08,880 --> 00:33:11,920
Speaker 1: Clay and Buck starts right now. Thanks for being with me, everybody.

550
00:33:12,440 --> 00:33:14,680
Speaker 1: This is Buck. I'm in solo this week. Play is

551
00:33:14,720 --> 00:33:17,360
Speaker 1: on vacation having a great time with his family in Italy.

552
00:33:17,400 --> 00:33:21,760
Speaker 1: He'll be back next week. The hopefully the economy will

553
00:33:21,800 --> 00:33:24,560
Speaker 1: still be around next week. That would be good. There'll

554
00:33:24,600 --> 00:33:28,240
Speaker 1: still be a US economy. Things are certainly moving in

555
00:33:28,800 --> 00:33:32,240
Speaker 1: the wrong direction right now. You have about twenty banks

556
00:33:32,280 --> 00:33:37,560
Speaker 1: that have been hit as a result of the failure

557
00:33:37,760 --> 00:33:41,840
Speaker 1: of Silicon Valley Bank SVB that happened at the end

558
00:33:41,840 --> 00:33:46,280
Speaker 1: of last week. Bide administration has stepped in and they've

559
00:33:46,280 --> 00:33:49,000
Speaker 1: worked out some deal. They don't want to call it

560
00:33:49,040 --> 00:33:53,520
Speaker 1: a bail out, something else, a deal where the depositors

561
00:33:53,560 --> 00:33:57,600
Speaker 1: are fine. I have a feeling that the executives, all

562
00:33:57,640 --> 00:34:00,080
Speaker 1: of whom I guarantee you are big Democrat donors. If

563
00:34:00,120 --> 00:34:03,840
Speaker 1: they Democrat if they donate any money to politicians, they'll

564
00:34:03,880 --> 00:34:05,720
Speaker 1: be fine too. They'll be very rich at the end

565
00:34:05,760 --> 00:34:08,400
Speaker 1: of all of this, and so the losses will just

566
00:34:08,440 --> 00:34:11,080
Speaker 1: be covered up. There are other banks that are under

567
00:34:11,160 --> 00:34:15,880
Speaker 1: serious stress right now. You have twenty banks that have

568
00:34:16,000 --> 00:34:22,920
Speaker 1: been rocked a bit by this, and you have Bill Ackman,

569
00:34:23,080 --> 00:34:28,239
Speaker 1: the hedge fund billionaire, who is saying that we better

570
00:34:28,239 --> 00:34:31,799
Speaker 1: make sure everybody feels safe about their deposits in the

571
00:34:31,800 --> 00:34:34,000
Speaker 1: bank or else this thing could melt down the economy.

572
00:34:35,320 --> 00:34:37,680
Speaker 1: Let me also say, there are problems even if they

573
00:34:37,760 --> 00:34:42,719
Speaker 1: stop this crisis. This is exposing some systemic problems that

574
00:34:42,800 --> 00:34:46,600
Speaker 1: we have in the economy right now. I want to

575
00:34:46,600 --> 00:34:49,000
Speaker 1: get into some of those problems and how they're going

576
00:34:49,040 --> 00:34:51,160
Speaker 1: to affect all of us here in a moment. But

577
00:34:51,280 --> 00:34:53,840
Speaker 1: first let's take a look at what Joe Biden is saying.

578
00:34:54,280 --> 00:34:57,560
Speaker 1: Not only is Joe Biden telling you that this is

579
00:34:57,640 --> 00:35:02,600
Speaker 1: going to be fine, right Not only is Joe Biden

580
00:35:02,680 --> 00:35:05,400
Speaker 1: telling you that the money that is in the bank

581
00:35:05,520 --> 00:35:08,759
Speaker 1: will be there for you when you need it's those

582
00:35:08,760 --> 00:35:13,319
Speaker 1: are his words. He's also as of this morning, bragging

583
00:35:13,520 --> 00:35:19,160
Speaker 1: about how great the Biden economy is. I'm being serious

584
00:35:19,200 --> 00:35:23,320
Speaker 1: he's really saying that things right now are are really

585
00:35:23,360 --> 00:35:27,440
Speaker 1: good in this economy. Biden's doing a great job. According

586
00:35:27,440 --> 00:35:31,680
Speaker 1: to Joe Biden, this is a guy who only knows

587
00:35:31,719 --> 00:35:36,520
Speaker 1: how to create jobs for Hunter through corrupt Ukrainian oligarchs

588
00:35:36,560 --> 00:35:40,960
Speaker 1: and Chinese Communist Party front companies. That is Biden job creation.

589
00:35:41,520 --> 00:35:46,120
Speaker 1: Other than that, it's a whole lot of very creative accounting. Here,

590
00:35:46,160 --> 00:35:50,759
Speaker 1: he is saying that his administration not only has he

591
00:35:50,800 --> 00:35:55,120
Speaker 1: been good, more, he's created more jobs than any administration

592
00:35:55,160 --> 00:35:58,600
Speaker 1: in history. This is a five pinocchios kind of lie play.

593
00:35:58,680 --> 00:36:01,720
Speaker 1: Twenty seven. We've made wrong economic progress in the past

594
00:36:01,760 --> 00:36:04,880
Speaker 1: two years. We've created more than twelve million new jobs,

595
00:36:05,560 --> 00:36:07,919
Speaker 1: more jobs in two years than any president has ever

596
00:36:08,000 --> 00:36:14,400
Speaker 1: created in a single four year term. Okay, everybody, let's

597
00:36:14,719 --> 00:36:18,320
Speaker 1: take a look for a second. Here. He just claimed

598
00:36:18,880 --> 00:36:21,640
Speaker 1: right now, this was today, while he's trying to stop

599
00:36:21,680 --> 00:36:25,279
Speaker 1: the bank meltdown from happening. He is claiming that he

600
00:36:25,320 --> 00:36:28,600
Speaker 1: has created he has created like he's waiving a magic

601
00:36:28,680 --> 00:36:33,600
Speaker 1: wand more jobs than any administration any four years of

602
00:36:33,640 --> 00:36:36,120
Speaker 1: any administration history. You say, oh my gosh, this sky

603
00:36:36,200 --> 00:36:38,920
Speaker 1: must be a genius. Joe Biden, all this time We

604
00:36:39,000 --> 00:36:41,840
Speaker 1: thought he was really dumb and bottom of his class

605
00:36:41,840 --> 00:36:44,160
Speaker 1: at Syracuse Law School and led about getting a scholarship

606
00:36:44,239 --> 00:36:46,239
Speaker 1: being top of his class, and had to drop out

607
00:36:46,239 --> 00:36:51,080
Speaker 1: of a presidential election because of plagiarism, and has been

608
00:36:51,080 --> 00:36:54,120
Speaker 1: a laughing stock every time he stepped in the national

609
00:36:54,160 --> 00:36:57,720
Speaker 1: stage until twenty twenty when they just created this Joe Biden,

610
00:36:57,800 --> 00:37:01,800
Speaker 1: the grandpa figure that you know, anyway, during a pandemic,

611
00:37:01,840 --> 00:37:04,920
Speaker 1: people thought maybe I'll try this. Do you know how

612
00:37:04,960 --> 00:37:07,120
Speaker 1: many jobs? This is the Bureau of Labor Statistics, So

613
00:37:07,200 --> 00:37:10,160
Speaker 1: I don't know what better source. I want to make

614
00:37:10,200 --> 00:37:12,640
Speaker 1: this really easy, right, let's just look at something we

615
00:37:12,680 --> 00:37:15,600
Speaker 1: can verify quite quickly, Joe Biden. They're just claimed the

616
00:37:15,640 --> 00:37:18,719
Speaker 1: economy right now is really good and he's the best

617
00:37:18,760 --> 00:37:21,200
Speaker 1: jobs president in history. That's what he is claiming by

618
00:37:21,239 --> 00:37:23,200
Speaker 1: saying he's created more jobs in two years than any

619
00:37:23,200 --> 00:37:26,280
Speaker 1: president ever did in four He's the best jobs president

620
00:37:26,280 --> 00:37:31,680
Speaker 1: in history. This is really interesting because if you look

621
00:37:32,680 --> 00:37:36,279
Speaker 1: right now at the Bureau of Labor Statistics, you will

622
00:37:36,360 --> 00:37:39,400
Speaker 1: find that it was one hundred and fift There were

623
00:37:39,440 --> 00:37:44,480
Speaker 1: one hundred and fifty eight million employed people in the

624
00:37:44,600 --> 00:37:50,120
Speaker 1: United States at the end of twenty nineteen. Okay, so

625
00:37:50,480 --> 00:37:52,920
Speaker 1: at the end of twenty nineteen there were one hundred

626
00:37:52,920 --> 00:37:57,440
Speaker 1: and fifty meaning before the pandemic. How many people are

627
00:37:57,480 --> 00:38:01,759
Speaker 1: employed now? Well, if you were to look at it now,

628
00:38:01,880 --> 00:38:07,160
Speaker 1: you would see that you have close to the same number,

629
00:38:07,160 --> 00:38:11,480
Speaker 1: about one hundred and fifty eight million people who were working.

630
00:38:12,920 --> 00:38:15,440
Speaker 1: So how is it that, Joe Biden, And even if

631
00:38:15,480 --> 00:38:17,360
Speaker 1: that number is you know, if it's a million or

632
00:38:17,360 --> 00:38:22,840
Speaker 1: two off, whatever, how is Joe Biden created twelve million jobs.

633
00:38:23,840 --> 00:38:28,040
Speaker 1: What he's actually referring to everybody is when the government

634
00:38:28,200 --> 00:38:33,239
Speaker 1: artificially and idiotically shut down the economy during COVID and

635
00:38:33,360 --> 00:38:37,720
Speaker 1: destroyed millions of jobs. And then when the fauciite lunacy

636
00:38:37,920 --> 00:38:40,200
Speaker 1: had at least lessened its grip on the throat of

637
00:38:40,200 --> 00:38:44,760
Speaker 1: the American people enough that stopped and then the jobs

638
00:38:44,760 --> 00:38:50,399
Speaker 1: started to come back. This is amazing. This is Joe

639
00:38:50,440 --> 00:38:56,800
Speaker 1: Biden effectively saying he's the greatest firefighter in history, when

640
00:38:56,840 --> 00:39:01,240
Speaker 1: really the government set the fire and he just showed

641
00:39:01,320 --> 00:39:03,680
Speaker 1: up with the water. If they don't set the fire,

642
00:39:03,680 --> 00:39:09,520
Speaker 1: there is no fire. He's done nothing. He's done nothing

643
00:39:10,600 --> 00:39:15,279
Speaker 1: that has had an appreciable impact on making people, The

644
00:39:15,320 --> 00:39:18,400
Speaker 1: American people more prosperous and better off, and yet he

645
00:39:18,440 --> 00:39:24,440
Speaker 1: claims twelve million jobs. Twelve million jobs. Yeah, now it's saying,

646
00:39:25,040 --> 00:39:28,239
Speaker 1: by the way, as of the US Chamber of Commerce

647
00:39:29,160 --> 00:39:33,400
Speaker 1: right now, as of February twenty twenty three, he's saying,

648
00:39:33,400 --> 00:39:38,160
Speaker 1: we have three million fewer people working today compared to

649
00:39:38,280 --> 00:39:41,680
Speaker 1: February of twenty twenty So they're saying three million less.

650
00:39:41,680 --> 00:39:44,000
Speaker 1: I looked at the numbers Beer of Labor Statistics, got

651
00:39:44,000 --> 00:39:49,359
Speaker 1: it roughly roughly equal, but three million fewer people. How

652
00:39:49,400 --> 00:39:54,239
Speaker 1: do you create twelve million jobs in two years but

653
00:39:54,560 --> 00:39:59,320
Speaker 1: you have less people working. I mean, you know, unless

654
00:39:59,360 --> 00:40:02,840
Speaker 1: you're gonna tell me that we've had massive population change,

655
00:40:04,719 --> 00:40:08,479
Speaker 1: that makes absolutely no sense. The point here I'm making,

656
00:40:08,520 --> 00:40:11,440
Speaker 1: my friends, is that he is lying to you. He

657
00:40:11,560 --> 00:40:17,120
Speaker 1: is doing so shamelessly. He is doing so at a

658
00:40:17,200 --> 00:40:20,879
Speaker 1: moment of economic crisis. And there's going to be more

659
00:40:20,920 --> 00:40:23,759
Speaker 1: of this. There is going to be more of this

660
00:40:23,960 --> 00:40:26,319
Speaker 1: going forward because they do not want to tell you

661
00:40:26,400 --> 00:40:30,279
Speaker 1: what is really happening. They didn't want you to think

662
00:40:30,280 --> 00:40:32,239
Speaker 1: about how we even got to this place in the

663
00:40:32,280 --> 00:40:36,240
Speaker 1: first place. Remember, Biden wanted to spend another five trillion

664
00:40:36,239 --> 00:40:41,480
Speaker 1: dollars of your money and wasn't able to do that.

665
00:40:42,120 --> 00:40:45,719
Speaker 1: Came into office, spent two trillion, spent five trillion, and yes,

666
00:40:45,760 --> 00:40:48,560
Speaker 1: Trump in twenty twenty spent trillions during COVID. Was not

667
00:40:48,640 --> 00:40:52,160
Speaker 1: a good idea, was not. We have to be consistent.

668
00:40:52,200 --> 00:40:55,279
Speaker 1: If we don't like trillions of additional spending, then we

669
00:40:55,280 --> 00:40:57,399
Speaker 1: don't like trillions of additional spending. Doesn't matter who does

670
00:40:57,400 --> 00:41:00,560
Speaker 1: it now. Biden went completely crazy with it, and it

671
00:41:00,600 --> 00:41:02,520
Speaker 1: was also not the very beginning of the pandemic. It

672
00:41:02,600 --> 00:41:06,439
Speaker 1: was clearly not necessary, but he did it anyway. Why

673
00:41:06,440 --> 00:41:09,319
Speaker 1: are we in this current situation? Why are we in

674
00:41:09,360 --> 00:41:12,359
Speaker 1: the midst of what could be the beginning of a

675
00:41:12,400 --> 00:41:19,960
Speaker 1: massive recession hopefully not. We were in this because there

676
00:41:20,000 --> 00:41:24,279
Speaker 1: was inflation and that was a government policy. And then

677
00:41:24,320 --> 00:41:28,719
Speaker 1: there was the FED trying to bring inflation down, which

678
00:41:29,280 --> 00:41:31,440
Speaker 1: is also government policy. I know it's the FED, but

679
00:41:32,000 --> 00:41:35,239
Speaker 1: the government policy in essence, the FED tries to bring

680
00:41:35,280 --> 00:41:38,440
Speaker 1: inflation down by raising rates. This bank out of the

681
00:41:38,480 --> 00:41:41,040
Speaker 1: wrong side of the rate rise, and boom, we got

682
00:41:41,040 --> 00:41:42,560
Speaker 1: to run on a bank. We got a big problem.

683
00:41:43,480 --> 00:41:45,360
Speaker 1: But here's the other part of this that not a

684
00:41:45,400 --> 00:41:47,040
Speaker 1: lot of people are talking about, because we're just hoping

685
00:41:47,080 --> 00:41:48,560
Speaker 1: that all of our deposits are going to be there

686
00:41:48,560 --> 00:41:53,719
Speaker 1: in the banks. What happens after this? Do you think

687
00:41:53,719 --> 00:41:56,560
Speaker 1: that banks are going to be more or less likely

688
00:41:57,320 --> 00:42:00,879
Speaker 1: to lend out money two people? In general? I think

689
00:42:00,920 --> 00:42:03,600
Speaker 1: they'll be more or less stringent. Will they want to

690
00:42:03,600 --> 00:42:07,239
Speaker 1: shore up their balances? Well, if the answer is yes,

691
00:42:08,200 --> 00:42:09,880
Speaker 1: you may be in a situation where you start to

692
00:42:09,880 --> 00:42:12,160
Speaker 1: have a bit of a credit crunch where people not

693
00:42:12,160 --> 00:42:14,120
Speaker 1: only are paying a higher interest rate for the money

694
00:42:14,120 --> 00:42:16,240
Speaker 1: that they borrow, but it's harder for them to access

695
00:42:16,280 --> 00:42:19,120
Speaker 1: capital in the first place, you know, to buy stuff

696
00:42:20,080 --> 00:42:24,080
Speaker 1: like houses and cars and you name it. We have

697
00:42:24,120 --> 00:42:30,040
Speaker 1: an economy that is pretty consumer spending depended, and this

698
00:42:30,640 --> 00:42:34,400
Speaker 1: stopping of the banks from all failing, Yeah, that's a

699
00:42:34,520 --> 00:42:37,520
Speaker 1: necessary step, but it's not like we're out of the woods.

700
00:42:37,520 --> 00:42:40,520
Speaker 1: Even when that happens. And when you have an administration

701
00:42:40,560 --> 00:42:43,240
Speaker 1: that is telling you they've created twelve million jobs, which

702
00:42:43,280 --> 00:42:45,960
Speaker 1: only an economic illiterate would actually believe they have not

703
00:42:46,120 --> 00:42:50,800
Speaker 1: created those jobs, right, it is not creation to stop

704
00:42:51,040 --> 00:42:56,640
Speaker 1: your destruction, you know what I mean? If I if

705
00:42:56,719 --> 00:43:02,919
Speaker 1: I am, you know, drinking ten bottles of wine out

706
00:43:02,960 --> 00:43:06,160
Speaker 1: of your seller every month, and then the next one

707
00:43:06,160 --> 00:43:07,680
Speaker 1: and then Finally, I say, you know what, I'm not

708
00:43:07,719 --> 00:43:10,160
Speaker 1: going to drink your wine. But I haven't created ten

709
00:43:10,200 --> 00:43:13,800
Speaker 1: bottles of wine. I didn't create them. I just stopped

710
00:43:13,800 --> 00:43:17,400
Speaker 1: taking them from you. It's not the same thing. And

711
00:43:17,520 --> 00:43:20,160
Speaker 1: that is what the government did under the guise of

712
00:43:20,200 --> 00:43:21,960
Speaker 1: COVID protection. Of course, as we know, it was all

713
00:43:22,000 --> 00:43:25,279
Speaker 1: a total waste. So they don't want you underston that.

714
00:43:25,320 --> 00:43:27,600
Speaker 1: By the way, you are noticing there's a move to

715
00:43:27,760 --> 00:43:31,799
Speaker 1: the center. There's a move to the center on a

716
00:43:31,840 --> 00:43:34,840
Speaker 1: whole range of issues from the Democrats. Now it's not

717
00:43:34,920 --> 00:43:37,880
Speaker 1: a big move, but it's the beginning of it because

718
00:43:37,920 --> 00:43:40,960
Speaker 1: their policies have put them in a position now where

719
00:43:42,040 --> 00:43:44,600
Speaker 1: they will if we have a if we have a

720
00:43:44,719 --> 00:43:49,680
Speaker 1: solid Republican candidate and Republican party overall going to twenty

721
00:43:49,719 --> 00:43:55,920
Speaker 1: twenty four, the Democrats are facing a real final reckoning,

722
00:43:56,200 --> 00:43:59,520
Speaker 1: or finally a reckoning at the ballot box. That's a

723
00:43:59,560 --> 00:44:01,319
Speaker 1: big if. Are we going to have the right person?

724
00:44:01,360 --> 00:44:03,640
Speaker 1: Are we gonna have the right messaging? This is why

725
00:44:03,680 --> 00:44:05,920
Speaker 1: they're moving to the middle though, because of the failures

726
00:44:05,920 --> 00:44:08,840
Speaker 1: of left wing policies they have pursued, including at the

727
00:44:08,840 --> 00:44:10,799
Speaker 1: southern border, which I had mentioned to you, and we

728
00:44:10,840 --> 00:44:15,120
Speaker 1: are going to spend some time talking about this. Is.

729
00:44:16,960 --> 00:44:22,400
Speaker 1: This is really troubling. You have people that are just

730
00:44:22,520 --> 00:44:27,240
Speaker 1: now mobbing our resources at the southern border and deciding

731
00:44:27,239 --> 00:44:33,440
Speaker 1: that they can just get through by running in a

732
00:44:33,480 --> 00:44:37,040
Speaker 1: big mob through the El Paso Bridge. I mean, I've

733
00:44:37,080 --> 00:44:40,279
Speaker 1: I've been to this border crossing area and they just

734
00:44:40,480 --> 00:44:44,880
Speaker 1: you can see the video of this Mexican military and

735
00:44:44,960 --> 00:44:48,040
Speaker 1: US Customs and Border Protection at the El Paso border

736
00:44:48,080 --> 00:44:52,040
Speaker 1: crossing on Sunday evening had about a thousand migrants tried

737
00:44:52,080 --> 00:44:55,759
Speaker 1: to rush a checkpoint. Wait, but I thought, you know,

738
00:44:55,920 --> 00:44:57,839
Speaker 1: we're just a nation of immigrants, and they just want

739
00:44:57,880 --> 00:44:59,920
Speaker 1: to do the jobs Americans won't do. And they're all

740
00:45:00,120 --> 00:45:03,759
Speaker 1: fleeing tyranny and stuff. Right. No, now, these are people

741
00:45:03,760 --> 00:45:07,640
Speaker 1: who have decided our laws don't matter. Our laws don't matter.

742
00:45:07,680 --> 00:45:13,959
Speaker 1: America is it's just a place to be exploited. There's

743
00:45:14,000 --> 00:45:17,840
Speaker 1: no reason to believe that our laws should even be obeyed.

744
00:45:18,440 --> 00:45:20,319
Speaker 1: We owe the rest of the world. We're too you see,

745
00:45:20,320 --> 00:45:23,400
Speaker 1: America's too prosperous, America's too wealthy. So we owe the

746
00:45:23,400 --> 00:45:25,200
Speaker 1: rest of the world. And as part of owing the

747
00:45:25,200 --> 00:45:27,840
Speaker 1: rest of the world, they don't have to obey our laws.

748
00:45:28,320 --> 00:45:31,279
Speaker 1: This is the mentality. This is the mindset, and the

749
00:45:31,320 --> 00:45:34,200
Speaker 1: Democrats have created it here. This is very real. We'll

750
00:45:34,200 --> 00:45:36,680
Speaker 1: talk about this border situation here in just a moment.

751
00:45:37,520 --> 00:45:40,240
Speaker 1: Under the category of getting the best sleep possible, having

752
00:45:40,280 --> 00:45:44,160
Speaker 1: the most comfortable pillow, it is key. My Pillow has

753
00:45:44,280 --> 00:45:46,680
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754
00:45:46,719 --> 00:45:48,960
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755
00:45:49,040 --> 00:45:51,759
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756
00:45:51,800 --> 00:45:55,680
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757
00:45:55,960 --> 00:45:57,600
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758
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759
00:45:59,239 --> 00:46:01,839
Speaker 1: pillow over during the night, this is for you. Comes

760
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761
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763
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764
00:46:13,360 --> 00:46:16,040
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765
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766
00:46:18,280 --> 00:46:20,080
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767
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768
00:46:23,320 --> 00:46:25,720
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769
00:46:25,800 --> 00:46:28,479
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771
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772
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775
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Speaker 1: point zero. Now Truth Seeking, Reality Telling the Clay Travis

776
00:46:48,800 --> 00:46:52,080
Speaker 1: and Buck Sexton Show. The border is a mess. You

777
00:46:52,160 --> 00:46:56,439
Speaker 1: know that. We try to update you here about what's

778
00:46:56,440 --> 00:47:00,640
Speaker 1: happening there as often as we can, and there doesn't

779
00:47:00,680 --> 00:47:03,880
Speaker 1: seem to be any end inside. If anything, the Biden

780
00:47:03,880 --> 00:47:09,120
Speaker 1: administration seems to be favorable to the millions, to the

781
00:47:09,160 --> 00:47:13,480
Speaker 1: prospect of millions more illegal immigrants coming into the United States,

782
00:47:13,680 --> 00:47:18,880
Speaker 1: in addition to those who have already entered the six million,

783
00:47:18,920 --> 00:47:23,120
Speaker 1: seven million, whatever the actual number is since Biden became president.

784
00:47:23,880 --> 00:47:27,560
Speaker 1: Now I understand the way that they're playing the game.

785
00:47:27,600 --> 00:47:31,920
Speaker 1: They're saying, oh, well, sure, their initial entry was illegal,

786
00:47:32,080 --> 00:47:35,000
Speaker 1: for which many of them were not even detained, even

787
00:47:35,040 --> 00:47:37,799
Speaker 1: though the law says they're supposed to be detained. Their

788
00:47:37,800 --> 00:47:40,360
Speaker 1: initial entry the United States was illegal in all cases

789
00:47:41,719 --> 00:47:45,440
Speaker 1: because walking into the United States, even just walking across

790
00:47:45,480 --> 00:47:49,399
Speaker 1: the US Mexico border. You're breaking the law a way

791
00:47:49,400 --> 00:47:52,240
Speaker 1: that walking on someone's front law. And you know trespassing

792
00:47:52,480 --> 00:47:54,960
Speaker 1: is a violation of law. You're breaking the law when

793
00:47:55,000 --> 00:48:00,080
Speaker 1: you enter the United States. You are violating our sovereign territory.

794
00:47:59,719 --> 00:48:02,400
Speaker 1: But instead of deciding, you know what, if you do that,

795
00:48:02,440 --> 00:48:06,120
Speaker 1: we're just going to send you back across the border,

796
00:48:06,239 --> 00:48:08,400
Speaker 1: or even send you to your country of origin, we

797
00:48:08,520 --> 00:48:12,680
Speaker 1: allow for what are called defensive asylum claims, where people

798
00:48:12,760 --> 00:48:15,120
Speaker 1: are able to say, Okay, sure, I came into your

799
00:48:15,120 --> 00:48:21,200
Speaker 1: country illegally, but I am fleeing violence in my home country.

800
00:48:21,800 --> 00:48:24,920
Speaker 1: They are coached about what to say. It's very easy,

801
00:48:25,480 --> 00:48:28,879
Speaker 1: and then they beat the credible fear the first phase

802
00:48:28,880 --> 00:48:31,839
Speaker 1: of their credible fear tests, and they effectively disappear into

803
00:48:31,880 --> 00:48:34,600
Speaker 1: this system that has millions and millions of people waiting

804
00:48:34,600 --> 00:48:39,399
Speaker 1: to go through it, a massive backlog, multiple stages of

805
00:48:40,280 --> 00:48:43,840
Speaker 1: process and enforcement, at which point it can break down,

806
00:48:45,239 --> 00:48:48,200
Speaker 1: and it does. And so it's just a backdoor way

807
00:48:48,200 --> 00:48:50,120
Speaker 1: of letting people come into the United States illegally and

808
00:48:50,160 --> 00:48:52,920
Speaker 1: stay here forever. That's the whole game. They say, oh,

809
00:48:52,960 --> 00:48:55,960
Speaker 1: these are asylum seekers. What do you think the Democrats

810
00:48:55,960 --> 00:49:00,279
Speaker 1: who are making that claim now, including the or of

811
00:49:00,360 --> 00:49:02,919
Speaker 1: New York City, Eric Adams, What do you think those

812
00:49:02,920 --> 00:49:06,120
Speaker 1: Democrats will say when in a couple of years time

813
00:49:06,200 --> 00:49:09,759
Speaker 1: it has become very clear to everybody that they're not

814
00:49:09,760 --> 00:49:12,719
Speaker 1: showing up for their hearings, they're breaking the law. Then

815
00:49:12,760 --> 00:49:17,239
Speaker 1: they're illegal in the country outright. And do you think

816
00:49:17,239 --> 00:49:19,200
Speaker 1: they're gonna say, okay, yeah, now we're going to deport them.

817
00:49:19,960 --> 00:49:24,400
Speaker 1: Does anyone believe that? Of course not, of course not.

818
00:49:24,760 --> 00:49:27,560
Speaker 1: So this would be like saying that we're going to

819
00:49:27,640 --> 00:49:31,040
Speaker 1: give bail to all kinds of people who we know

820
00:49:31,080 --> 00:49:32,960
Speaker 1: are never going to show up for trial. And when

821
00:49:32,960 --> 00:49:34,560
Speaker 1: we say, hold on a second, there's a problem here,

822
00:49:34,560 --> 00:49:37,040
Speaker 1: they say, what do you mean they're going to show up.

823
00:49:37,360 --> 00:49:39,839
Speaker 1: They're not going to flee, they're not a flight risk.

824
00:49:39,840 --> 00:49:42,879
Speaker 1: They're all flight risks. They're never showing up. And even

825
00:49:42,880 --> 00:49:44,839
Speaker 1: if they show up and are convicted in this case

826
00:49:44,840 --> 00:49:46,560
Speaker 1: that they're denied asylum, they're not going to have to

827
00:49:46,640 --> 00:49:50,799
Speaker 1: leave the country because that would require deportation proceedings and

828
00:49:50,840 --> 00:49:53,879
Speaker 1: they're not going to do it. So guess what, It's

829
00:49:53,920 --> 00:49:57,360
Speaker 1: all a scam, the whole thing. It's not like the

830
00:49:57,440 --> 00:50:01,719
Speaker 1: Democrats will commit to expelling those who are in the

831
00:50:01,719 --> 00:50:05,279
Speaker 1: country who do not qualify for asylum, because then they

832
00:50:05,280 --> 00:50:07,520
Speaker 1: are no longer have any legal basis to be here.

833
00:50:07,520 --> 00:50:09,200
Speaker 1: They're not going to expel them. There are millions of

834
00:50:09,320 --> 00:50:12,560
Speaker 1: legal imigrants who are already here before this whole asylum scam.

835
00:50:14,040 --> 00:50:16,279
Speaker 1: So this is why the whole thing is a mess.

836
00:50:16,560 --> 00:50:18,759
Speaker 1: But you also get a sense of the mentality of

837
00:50:18,760 --> 00:50:22,040
Speaker 1: the migrants who are coming over now, as over the

838
00:50:22,080 --> 00:50:27,880
Speaker 1: weekend at the Paso del Norte Bridge in El Paso

839
00:50:29,440 --> 00:50:31,719
Speaker 1: Passage North Bridge, I guess is that what that is?

840
00:50:31,840 --> 00:50:35,719
Speaker 1: In El Paso, there was a group of a thousand

841
00:50:35,840 --> 00:50:41,080
Speaker 1: migrants that tried to rush checkpoints. This is on video.

842
00:50:41,200 --> 00:50:46,279
Speaker 1: There's video and photographs of this between Warez and El

843
00:50:46,360 --> 00:50:50,400
Speaker 1: Paso to War's Mexico and El Paso, Texas, and the

844
00:50:50,640 --> 00:50:55,000
Speaker 1: photos show you that this was a very serious and

845
00:50:55,160 --> 00:50:59,040
Speaker 1: it's a very very serious effort. This was an attempt

846
00:51:00,840 --> 00:51:06,720
Speaker 1: to overwhelm the people who were supposed to be enforcing

847
00:51:06,719 --> 00:51:09,480
Speaker 1: our laws and preventing this kind of thing from happening. Now,

848
00:51:09,719 --> 00:51:12,240
Speaker 1: they were not successful because of all the barbed wire

849
00:51:12,320 --> 00:51:18,320
Speaker 1: and a joint deployment of US and Mexican officials, Mexican military,

850
00:51:18,440 --> 00:51:22,040
Speaker 1: US Border patrol. They were not able to just run

851
00:51:22,160 --> 00:51:26,839
Speaker 1: through these these checkpoints. But there have been other times

852
00:51:26,840 --> 00:51:29,080
Speaker 1: where we've already seen one hundred, two hundred, three hundred.

853
00:51:29,120 --> 00:51:34,160
Speaker 1: They'll do this, They'll they'll have effectively a jailbreak approach.

854
00:51:34,200 --> 00:51:36,200
Speaker 1: They'll all just run for it at the same time

855
00:51:37,239 --> 00:51:41,240
Speaker 1: and try to get into the United States. And so

856
00:51:41,800 --> 00:51:43,279
Speaker 1: what are we going to do to stop all of us?

857
00:51:43,280 --> 00:51:45,319
Speaker 1: You say, oh, well, this time they stop them the checkpoint. Yeah,

858
00:51:45,320 --> 00:51:47,319
Speaker 1: but they'll be other checkpoints where they can't stop them though,

859
00:51:47,320 --> 00:51:49,840
Speaker 1: the other places along the border where they're able to

860
00:51:49,880 --> 00:51:57,319
Speaker 1: get in easily. Until we refuse to allow people to

861
00:51:57,320 --> 00:52:00,640
Speaker 1: come into the country illegally and stay here legally and

862
00:52:00,840 --> 00:52:05,120
Speaker 1: benefit from the American welfare state, the American economy, and

863
00:52:05,480 --> 00:52:11,000
Speaker 1: benefit from the actions of their illegality. This continues, and

864
00:52:11,120 --> 00:52:14,440
Speaker 1: in fact, it just gets worse, it gets worse. I

865
00:52:14,440 --> 00:52:16,560
Speaker 1: really think the Democrat plan here with all of this

866
00:52:17,640 --> 00:52:19,440
Speaker 1: is to allow the numbers to get to be so

867
00:52:19,520 --> 00:52:23,680
Speaker 1: big of illegals in the country that there becomes a

868
00:52:23,719 --> 00:52:27,240
Speaker 1: sense of inevitability for the amnesty that is supposed to happen,

869
00:52:27,960 --> 00:52:31,040
Speaker 1: and then once they enact that amnesty, they're gonna want

870
00:52:31,120 --> 00:52:34,239
Speaker 1: voting rights, and once they give them voting rights, you

871
00:52:34,320 --> 00:52:37,279
Speaker 1: have a permanent Democrat majority in the United States. That's

872
00:52:37,360 --> 00:52:42,000
Speaker 1: the plan. That's the plan because people that are here

873
00:52:42,040 --> 00:52:45,480
Speaker 1: with first of all, who have broken the law, criminals

874
00:52:45,520 --> 00:52:48,399
Speaker 1: tend to vote Democrats. Just just the truth. But people

875
00:52:48,440 --> 00:52:52,799
Speaker 1: who have broken the law, people who don't speak English,

876
00:52:53,000 --> 00:52:58,160
Speaker 1: people who are unable to effectively immediately compete in a

877
00:52:58,200 --> 00:53:01,600
Speaker 1: primarily information or increase the information based economy, are going

878
00:53:01,600 --> 00:53:04,040
Speaker 1: to be more dependent upon the resources of the state.

879
00:53:04,880 --> 00:53:07,280
Speaker 1: They're gonna need more welfare, They're gonna need more state assistance.

880
00:53:07,360 --> 00:53:09,760
Speaker 1: And if anyone wants to argue at this point, explain

881
00:53:09,840 --> 00:53:11,560
Speaker 1: that to the mayor of New York City who's saying

882
00:53:11,840 --> 00:53:14,840
Speaker 1: they can't afford the forty thousand illegal migrants who have

883
00:53:14,840 --> 00:53:17,880
Speaker 1: been dropped in New York City. The city but a

884
00:53:17,920 --> 00:53:20,880
Speaker 1: budget can't afford it, Uh, you know, two billion dollars,

885
00:53:20,880 --> 00:53:22,440
Speaker 1: they say it's going to cost something like that. It's

886
00:53:22,480 --> 00:53:26,279
Speaker 1: crazy talking about billions of dollars for people aren't even

887
00:53:26,320 --> 00:53:29,920
Speaker 1: supposed to be here in the first place. In one city. Oh,

888
00:53:29,960 --> 00:53:31,920
Speaker 1: hold on, I thought there's so much more law abiding

889
00:53:31,920 --> 00:53:35,400
Speaker 1: and hard working than Americans. Why why would we believe

890
00:53:35,400 --> 00:53:38,239
Speaker 1: that that is true? It. Notice how the people that

891
00:53:38,280 --> 00:53:41,040
Speaker 1: are the biggest advocates of illegal immigration, one of the

892
00:53:41,080 --> 00:53:45,400
Speaker 1: first things they do is denigrate Americans, all Americans. Ah, Americans,

893
00:53:45,600 --> 00:53:49,319
Speaker 1: we're too lazy, we won't do these jobs. We're not okay,

894
00:53:50,280 --> 00:53:53,200
Speaker 1: we're not as law abiding as the illegals who in

895
00:53:53,200 --> 00:53:56,640
Speaker 1: this case, we're trying to storm a border patrol checkpoint,

896
00:53:56,640 --> 00:54:00,520
Speaker 1: who run into America because our laws and our sovereignty

897
00:54:00,760 --> 00:54:04,600
Speaker 1: do not matter. There a matter of Democrats, that's for sure.

898
00:54:05,520 --> 00:54:07,680
Speaker 1: Do they matter enough to Republicans that they'll do something

899
00:54:07,680 --> 00:54:10,640
Speaker 1: about it? What is the plan? I don't even know

900
00:54:10,640 --> 00:54:13,359
Speaker 1: if the Republicans have a plan for this. I don't

901
00:54:13,400 --> 00:54:16,279
Speaker 1: think they've really thought this one through, and I think

902
00:54:16,320 --> 00:54:19,239
Speaker 1: they're wondering, first of all, who the Republican candidate is

903
00:54:19,239 --> 00:54:24,799
Speaker 1: going to be. But the immigration issue was far from

904
00:54:24,880 --> 00:54:28,719
Speaker 1: solved even under the last president. So this is a

905
00:54:28,760 --> 00:54:32,759
Speaker 1: major challenge that continues to this day, and it's just

906
00:54:32,880 --> 00:54:37,160
Speaker 1: going to continue. In the meantime, the fentonyl flow, the

907
00:54:37,200 --> 00:54:40,560
Speaker 1: strength of the cartels, the human smuggling operations, and then

908
00:54:40,880 --> 00:54:43,839
Speaker 1: the enormous costs borne by the taxpayer and It's one

909
00:54:43,880 --> 00:54:45,880
Speaker 1: thing when it feels like the economy is doing pretty

910
00:54:45,880 --> 00:54:48,799
Speaker 1: well and we got plenty of money, we had into

911
00:54:48,840 --> 00:54:52,239
Speaker 1: a really difficult period here economically, which I think is

912
00:54:52,640 --> 00:54:54,279
Speaker 1: very possible. I think a lot of people think that.

913
00:54:56,040 --> 00:54:59,879
Speaker 1: You think that the billion dollars here, billion dollars there

914
00:55:00,080 --> 00:55:03,799
Speaker 1: for illegal migrants pay for their food, they're housing, their

915
00:55:03,800 --> 00:55:06,239
Speaker 1: medical care. You know, the illegal migrants who were protesting

916
00:55:06,239 --> 00:55:08,680
Speaker 1: in New York City because they weren't able to continue

917
00:55:08,680 --> 00:55:11,320
Speaker 1: to stay at taxpayer expense at a four star hotel

918
00:55:11,800 --> 00:55:14,400
Speaker 1: for months on end. Do you think that starts to

919
00:55:14,440 --> 00:55:19,000
Speaker 1: be a problem at least politically. We shall see. I

920
00:55:19,040 --> 00:55:21,040
Speaker 1: think the Democrats may be finding this one out the

921
00:55:21,040 --> 00:55:24,479
Speaker 1: hard way. You know, my cell phone company is Pure Talk,

922
00:55:24,520 --> 00:55:26,680
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923
00:55:26,719 --> 00:55:29,719
Speaker 1: family over nine hundred dollars a year when they switch

924
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Speaker 1: from Verizon AT and T or T Mobile. You won't

925
00:55:33,080 --> 00:55:37,280
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926
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Speaker 1: nine hundred bucks a year, that's what you can save.

927
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928
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929
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930
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931
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932
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