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Speaker 1: A little state of the race in twenty twenty four.

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Speaker 1: We're gonna do you voted for this? Congressman Elight Crane,

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Speaker 1: Matt Walsh, John Karney about the economy jam packed tonight on.

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Speaker 1: I'm right. You know what sucks about being a political person.

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Speaker 1: You know this. You're a political person. I'm talking about

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Speaker 1: you and I'm talking about me, So it don't act

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Speaker 1: like you're not one of these What sucks is you

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Speaker 1: understand then when it comes to races, when it comes

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Speaker 1: to political races, whatever those races may be, there's the

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Speaker 1: story the public sees, and then there's the story behind

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Speaker 1: the story. Here's what I mean. Here's what I mean

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Speaker 1: right now. Obviously a lot of people are focused on

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Speaker 1: the presidential race in twenty twenty four. Ah, it's Trump

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Speaker 1: versus Biden, it's all these other things, and here's what

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Speaker 1: normal people do. You don't do this, but here's what

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Speaker 1: normal people do. Well. Joe Biden, his economic views are

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Speaker 1: unpopular and his border views are unpopular, so he's probably

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Speaker 1: in trouble. But you know, you follow politics, there's always

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Speaker 1: a story behind the story. And one of the ugly

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Speaker 1: things about politics, one of the worst things about politics

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Speaker 1: is money. Now let me positive for a moment. Just

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Speaker 1: because it's ugly and horrible doesn't mean it's ever going

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Speaker 1: to go away. So don't ever say ever, ever, ever,

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Speaker 1: definitely don't say it to me. Let's get the money

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Speaker 1: out of politics. What you're never going to get the

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Speaker 1: money out of politics. Money has been in politics since

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Speaker 1: the tribes were electing their local chieftain and you had

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Speaker 1: to buy someone an extra cow to get their vote.

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Speaker 1: Money is involved in politics and it ain't ever going

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Speaker 1: to change no matter what you do. The amount of

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Speaker 1: money these candidates raise matters. Now, why does money matter

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Speaker 1: in politics? Let's be clear about this. Well, if everyone

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Speaker 1: was like you, it wouldn't matter. What do I mean

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Speaker 1: by like you? You're informed. You're an informed voter. You're

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Speaker 1: sitting here right now watching me on the first TV

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Speaker 1: you have options today and as options, flip it through

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Speaker 1: your television, anything on your phone and ass options. You're

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Speaker 1: watching me. You're hyper informed. The money they raise is

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Speaker 1: not for you. You're going to know the issues. You're

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Speaker 1: going to know the candidates. I don't need to come

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Speaker 1: if I'm running for office, I don't need to run

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Speaker 1: a TV commercial doing the football game. You're watching you

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Speaker 1: already know me, you know the enemy, you know it.

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Speaker 1: This is for the people who actually decide elections. These

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Speaker 1: weird people. I don't understand. Maybe you understand them. I

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Speaker 1: never have these independents. I voted for Obama twice and

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Speaker 1: then I voted for Trump the first time, but then

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Speaker 1: I voted for Biden. These are real people. These people

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Speaker 1: actually exist. That's who the money is for. This person

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Speaker 1: is not hyper informed. These are low info voters. They

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Speaker 1: vote on how they feel. They vote on the television ads,

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Speaker 1: they see, the online ads they see. That's what the

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Speaker 1: money's for. Joe Biden has a super pack. I saw this.

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Speaker 1: This is one of those things that went right by everybody.

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Speaker 1: It did not go right by me. They just made

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Speaker 1: the largest ad purchase in the history well of television.

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Speaker 1: I guess I should say I was about to say

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Speaker 1: in the history of the country, but I guess that

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Speaker 1: would predate things anyway, in the history of the country,

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Speaker 1: the largest ad purchase. And so this is why I

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Speaker 1: tend to be dismissive when people say, Jesse American people

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Speaker 1: aren't going to vote in Joe Biden again. After all,

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Speaker 1: he can't even talk beer brute here. It is used

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Speaker 1: to make the prove Beard to find it.

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Speaker 2: Ooh, earth Rider, thanks for the great Lakes.

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Speaker 1: I wonder right, maybe be debay you and didn't. Look.

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Speaker 1: Everyone knows Joe Biden can't function, And yes, there are

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Speaker 1: concerns in Democrat circles about Biden. They know they can't

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Speaker 1: go to Dome. A lot of you have seen this

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Speaker 1: undercover video from James O'Keefe. I work the way else yourself,

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Speaker 1: So you're pretty high up in the government. Yeah, I'm

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Speaker 1: fairly high up.

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Speaker 3: I'm good at keeping secret Listen, so I manage two

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Speaker 3: general agencies in the State Department and USAID.

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Speaker 4: Is he going to be the nominee?

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Speaker 1: Yes?

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Speaker 5: And she will be the vice president nominee.

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Speaker 6: Yeah, I don't.

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Speaker 1: There was a debate about removing her from the ticket,

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Speaker 1: but sadly they did. She can't keep black. Yeah, they

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Speaker 1: put on her in me.

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Speaker 2: But with him, and I know.

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Speaker 6: He's got dementia.

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Speaker 1: Yeah, well he's definitely flowing down.

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Speaker 4: But they won't say it.

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Speaker 1: Well, I guess if they say it publicly, they can't

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Speaker 1: see the public.

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Speaker 7: They've got it they got to do.

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Speaker 8: So I'm just what I've heard.

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Speaker 4: You're just telling me the truth.

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Speaker 1: Doesn't make sense.

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Speaker 2: No, but that's what I've heard.

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Speaker 5: And I've had a meeting with Michelle Moum at one

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Speaker 5: point when I was an intern, and he actually someone

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Speaker 5: asked her, will you ever run her office?

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Speaker 7: And she said no, empactically.

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Speaker 1: Really, I've seen all the my husband has had to

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Speaker 1: go through, and that does not interest me. Yeah. One

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Speaker 1: funniest part of that video is the dude who's on

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Speaker 1: video spilling all the tea, bragging in the beginning that

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Speaker 1: he's the one in charge of keeping secrets. Anyway, let's

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Speaker 1: let's talk about this. Yes, Joe Biden can talk. Yes,

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Speaker 1: they've had talks about removing him. But Democrats have a

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Speaker 1: machine in place, a political machine in place. They have

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Speaker 1: the money, they have the organization, and a guy can

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Speaker 1: deny it all they want, all he wants. Michelle Obama

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Speaker 1: is starting to make noise. She is starting to be

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Speaker 1: more vocal. She's appearing on podcasts every other day. There's

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Speaker 1: an article here, and we now know because of these

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Speaker 1: weird DNC rules, they can go through their entire primary

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Speaker 1: process and they very clearly are, and then for whatever reason,

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Speaker 1: Joe Biden decides to resign before the convention, they can

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Speaker 1: then just nominate whoever they please at the convention. And

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Speaker 1: the thing about that is all that money, all that organization,

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Speaker 1: the volunteers to everything. It's just kind of plug and

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Speaker 1: play for Michelle. Joe Biden may be old and non

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Speaker 1: functional and crappy, but that brings us to this. The

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Speaker 1: American people, Oh pains me to say it. They like

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Speaker 1: Michelle Obama. I do not. I despise that America hating hag.

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Speaker 1: But the American people, they don't know that about her.

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Speaker 1: You know that about her. You're hyper informed. You understand

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Speaker 1: and who she is, you understand how awful she is,

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Speaker 1: you understand all that. But the regular people who decide

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Speaker 1: elections do not. Whether it's Joe Biden or whether they

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Speaker 1: plug into Michelle Obama. I have concerns about some of

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Speaker 1: the basic structure of twenty twenty four. They have so

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Speaker 1: much more money than us, and they're so much better organized.

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Speaker 1: That's why I don't look at all the new polls

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Speaker 1: that come out. Biden's down five, and I don't get

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Speaker 1: giddy and start clapping. I hope they're right right, I

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Speaker 1: hope everything works out. I don't know, and I think

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Speaker 1: about I think about how voters don't learn lessons. They

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Speaker 1: really truly don't Voters. Human beings were famous for divorcing

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Speaker 1: our choices from the results of those choices. You see

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Speaker 1: this guy, Brandon Johnson in Chicago. Chicago's an absolute war zone,

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Speaker 1: and a war zone in and of it sells. They're

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Speaker 1: passing ceasefire resolutions for Israel.

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Speaker 3: But at this point, now we're looking at twenty five

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Speaker 3: thousand Palestinians that have been killed during this war and

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Speaker 3: the killing has to stop. So yes, we need to

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Speaker 3: cease fire.

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Speaker 1: Here's the thing. He's going to be re elected. Remember

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Speaker 1: I make mistakes every election cycle, and I'm not going

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Speaker 1: to make it this election cycle. And I don't want

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Speaker 1: to be a Debbie Downer, but I want to make

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Speaker 1: sure you know the mistake I make every time, because

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Speaker 1: maybe you make the same mistake. I sit back and

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Speaker 1: I look at the horror of the Democrats. I hate

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Speaker 1: Republicans too, you know that. But Democrats really are evil

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Speaker 1: now in this country. What they push is really it's

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Speaker 1: really gross, it's really evil. And I say to myself, Man,

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Speaker 1: the American people they're gonna reject this. They've had enough

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Speaker 1: of this. Yeah, remember that Red wave we were supposed

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Speaker 1: to have twenty twenty two. Remember the red wave that

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Speaker 1: turned into the red drip. I don't know that the

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Speaker 1: American people are going to be able to withstand the

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Speaker 1: ad buy money because, let's be honest, you voted for this,

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Speaker 1: this campaign we're on. We're on the campaign because people

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Speaker 1: don't know. They don't take ownership of their vote. Are

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Speaker 1: they going to take ownership and vote the opposite way

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Speaker 1: next time? I don't know. I hope so I'll believe

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Speaker 1: it when I see it. All that may have made

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Speaker 1: you uncomfortable, but I am right. You know what makes

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Speaker 1: me uncomfortable. Dirty timeshare companies that rip people off. They

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Speaker 1: don't let you out of your time share when you

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Speaker 1: want out, I'm done with it. Oh we're done? Oh sorry,

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Speaker 1: pay your annual fees, and the annual fees now double.

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Speaker 1: I don't have to tell you. You know you're stuck

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Speaker 1: in your timeshare. Are you tired of write that check?

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Speaker 1: Probably a credit card these days? Are you tired to

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Speaker 1: write that check for the timeshare you want out of?

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Speaker 1: You know you could just call the one start transfer

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Speaker 1: and stop doing that. Right you make that last check

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Speaker 1: you wrote to your time share company, the last check

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Speaker 1: you write to your time share company. Lone Star Transfer

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Speaker 1: will legally and permanently get you out. They put it

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Speaker 1: in writing, they guarantee it in writing, They give you

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Speaker 1: a time frame you want to talk about calling your shop.

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Speaker 1: Ninety nine percent of the time, lone Star Transfer will

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Speaker 1: get you out. Family business. Call them. They can't. It's

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Speaker 1: the only way they can't help you is if you

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Speaker 1: don't call. They can't. They're not going to come knock

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Speaker 1: on your door. Call them eight four four three one

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Speaker 1: zero two six four six, All right, we'll be back.

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Speaker 1: You know what sucks. My fifteen year old is turning

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Speaker 1: into a really hardcore anti communist. And no, that doesn't suck.

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Speaker 1: I'm proud of him. He knows the issues, he's learning everything.

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Speaker 1: But now you'll be text back and forth when I'm working,

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Speaker 1: he's at school. We'll text certain things. You see this story,

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Speaker 1: you see this, And he'll text me videos every now

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Speaker 1: and then. Various commentators on the right. I have a

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Speaker 1: TV show, I have a nationally syndicated radio show. I'm

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Speaker 1: not saying I'm the biggest thing in the world. I'm

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Speaker 1: the furthest thing from him, but I have stuff I've

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Speaker 1: never once gotten a video of me I get Matt

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Speaker 1: Walsh videos all the time. My kid, Hey, dad, do

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Speaker 1: you see what Matt Walsh said if he's allowed to

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Speaker 1: have some computer time? Dad, look at Matt Walsh. Frankly,

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Speaker 1: I'm sick of it. Joining me now, Host of the

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Speaker 1: Matt wallsh Show on the Daily Wire, Matt Walsh, Matt,

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Speaker 1: what's what's going on around here? Is my commentary not

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Speaker 1: good enough for my kid? Apparently?

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Speaker 7: Well?

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Speaker 9: I mean the good news is you're raising your son right.

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Speaker 9: He's got a good head on his shoulders, he's got

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Speaker 9: great taste.

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Speaker 1: And I just don't think he sends you.

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Speaker 9: My question is when he sends you my videos, do

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Speaker 9: you watch the videos or not?

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Speaker 1: Because you know you can learn it, you watch the videos?

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Speaker 1: A you know, I do watch the stupid videos Matt,

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Speaker 1: and yes they're good. But because he demands feedback, Ah,

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Speaker 1: what did you like? We won't let me get about

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Speaker 1: you know what. We're moving on, Matt. Pro lifers are

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Speaker 1: being arrested for praying and seeing worship songs in the

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Speaker 1: United States of America. Obviously, people on the writer are

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Speaker 1: under attack from our justice system. Do you think normy

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Speaker 1: norm understands how evil the cultural institutions have become in

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Speaker 1: this country.

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Speaker 9: Does he not get it yet? No, I don't think

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Speaker 9: people fully understand this. I also think part of the

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Speaker 9: problem is obviously the corporate media is not going to

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Speaker 9: relay that message to people. But then you also have

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Speaker 9: conservative media that you might rely on to talk about

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Speaker 9: things like this, and I think the conservative media is

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Speaker 9: also dropping the ball in many ways, and especially on

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Speaker 9: this issue. The fact that you know, the Biden administration

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Speaker 9: has been launched this war against pro life activists years ago,

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Speaker 9: and it announced that they were doing it, and they

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Speaker 9: have gone around the country putting people like this in

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Speaker 9: prison or trying to. And this is not this is

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Speaker 9: not the first case, the case down here in Nashville

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Speaker 9: of peaceful pro life protesters. And in this case we

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Speaker 9: say peaceful protesters, we don't meet it in the BLM

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Speaker 9: sense where they're actually burning buildings down.

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Speaker 1: In this case, like actually peaceful. They've sat outside of.

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Speaker 9: An abortion clinic in an office building in the hallway

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Speaker 9: outside the office on the floor, and they sang hymns

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Speaker 9: and they pray and that's all they did. And now

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Speaker 9: they're looking at ten years in prison for that, for

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Speaker 9: that violation of federal law. Supposedly, and as I said,

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Speaker 9: this is, this is, this is not the first time,

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Speaker 9: and I don't think people quite grasp because if they did,

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Speaker 9: they're probably be more panic and more anger than there

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Speaker 9: is right now.

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Speaker 1: Why is it ignored by our side? Because you're right,

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Speaker 1: it is. Everyone will focus on the new shiny object

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Speaker 1: every day when the Department of Justice is declared open

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Speaker 1: warfare on the right, and yet we don't talk about it. Why.

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Speaker 1: I think there's a few reasons.

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Speaker 9: Some of it is just what you just said, new

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Speaker 9: shiny object. We have a we have a real problem culturally,

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Speaker 9: we have a real problem focusing on one thing for

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Speaker 9: more than thirty seconds.

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Speaker 1: I think on the right that problem seems to even

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Speaker 1: be more.

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Speaker 9: I think the left they're better in general at finding

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Speaker 9: their topic, finding their issue, and hammering you to death

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Speaker 9: with it until you don't want to hear about it anymore,

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Speaker 9: and then they keep on going.

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Speaker 1: The right we're not as good at doing that. Now.

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Speaker 10: When the occasion occurs where we are able to focus

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Speaker 10: on one thing for a while, then you'll see actual progress,

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Speaker 10: Like when we decided, hey, let's focus on ending child mutilation,

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Speaker 10: and then we did, And what do you know in

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Speaker 10: dozens of states they're.

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Speaker 9: Shutting it down, but generally I think we struggle with that.

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Speaker 9: Then in this issue in particular, I think there's also

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Speaker 9: a political pivot by some on the right where they

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Speaker 9: think that the abortion issue is embarrassing, that it's politically toxic.

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Speaker 1: It's an election year and they don't want to talk

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Speaker 1: about it.

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Speaker 9: And unfortunately, for these ProLife activists to talk about their

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Speaker 9: plight is to also talk about the abortion issue, which

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Speaker 9: I think some conservatives would rather not do, which I

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Speaker 9: think is just is wrong morally, but it's also wrong

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Speaker 9: politically because if we cannot turn this into a winning

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Speaker 9: political issue, the number one, they're killing babies. Number two

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Speaker 9: they're arresting peaceful protesters. If we can we can't make

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Speaker 9: that a winning political issue, then we just then we've

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Speaker 9: got bigger problems.

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Speaker 1: Why are we so afraid of issues like this, Matt,

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Speaker 1: It's kind of go beyond an election or not. It's

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Speaker 1: it's a baby. It's the easiest thing in the world

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Speaker 1: to fight for, completely innocent, god formed child. There's nothing

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Speaker 1: easier to fight for in the world. And yet you're right,

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Speaker 1: I'm told all the time, all don't touch that, or

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Speaker 1: we might make we might make this feminist angry, what

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Speaker 1: if we lose those saintly women vote or something like that.

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Speaker 1: Just every excuse in the world to avoid talking about

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Speaker 1: a baby who's about to die.

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Speaker 9: Yeah, I think it's I think it does come down

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Speaker 9: to politics, but it's also it's just a deeper kind

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Speaker 9: of fear people have because they recognize that on the left,

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Speaker 9: abortion is their highest sacrament. It's the most important thing

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Speaker 9: to them for many, many reasons. And so if you

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Speaker 9: go after that, well you see what happens. I mean,

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Speaker 9: they'll literally try to throw you in prison for it

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Speaker 9: if you do. And so that kind of explains some

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Speaker 9: of the fear. Of course, it doesn't justify it. And

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Speaker 9: I'd also say that this thing about well, we can't

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Speaker 9: talk about it because.

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Speaker 1: We'll lose the woman vote.

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Speaker 9: Look, if we're at a point in this country where

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Speaker 9: we cannot get women to vote for us, if we

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Speaker 9: don't also endorse infanticide, then we're done as a country.

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Speaker 9: There's nothing even to talk about at that point, We're

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Speaker 9: just finished, and there's nothing left to fight for. It

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Speaker 9: might as well pack it in. But I don't believe that.

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Speaker 9: I just don't. I refuse to believe that. I can't

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Speaker 9: believe it. I don't believe that. I don't think it's true.

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Speaker 9: It's just you can win on this issue, but you

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Speaker 9: can't win on it if you don't talk about it,

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Speaker 9: or if you're too afraid to fight over it, then

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Speaker 9: of course you're not gonna win. If you abandon the battlefield,

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Speaker 9: then the other side automatically claims a victory by default.

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Speaker 1: And I think that's what we're experiencing. Speaking of issues,

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Speaker 1: fake hate crimes or a big issue in this country,

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Speaker 1: it seems to be there's a new one every single day,

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Speaker 1: like this one out of San Diego.

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Speaker 6: A routine walk turned into a nightmare for a Southern

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Speaker 6: California man. Thirty nine year old Scott Rowan went to

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Speaker 6: a restaurant in his San Diego neighborhood to inquire about

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Speaker 6: a job. He says he heard two people yelling homophobic

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Speaker 6: slurs at him.

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Speaker 1: So he yelled back.

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Speaker 6: Rowan, who was gay, says the next thing he knew

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Speaker 6: he was being dounsed with some sort of liquid and

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Speaker 6: then set on fire.

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Speaker 4: Immediately after that, Yeah, I just I went up, kind

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Speaker 4: of like coals on a barbecue.

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Speaker 1: Suddenly he just went into flames.

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Speaker 4: They were obviously out targeting LGBT community.

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Speaker 6: Three days lay down Plaisa, A man who says he

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Speaker 6: was attacked and burned in an alleged hate crime is

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Speaker 6: suspected of assaulting a pregnant woman. Officers determined the man

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Speaker 6: with the burn injuries was the suspect in the attack

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Speaker 6: on the pregnant woman. Then they say she retaliated using

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Speaker 6: a fire, using fire as a weapon against him.

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Speaker 1: Matt, what is it with people's mentality that they want

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Speaker 1: this to happen to them? I understand the social cloud

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Speaker 1: and everything else, but these people, they really think they're

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Speaker 1: the good guy when they make this stuff up. Why

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Speaker 1: what's broken?

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Speaker 5: Well?

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Speaker 9: I think, well, first of all, I also want to

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Speaker 9: say that I would love to hear more about that's

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Speaker 9: the story, which is like, how did the pregnant woman

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Speaker 9: who defended herself and I'm glad that she did, but

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Speaker 9: how did she use fire in self defense?

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Speaker 1: Like that you have a flame throw after what? I

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Speaker 1: hope that she did. But I look, I.

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Speaker 9: Think that it's it's uh, it is so, you know,

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Speaker 9: the social credit is through victimization. People realize that victimization

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Speaker 9: is power. I think that this I don't know how

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Speaker 9: deep you want to go psychologically, But it's I think

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Speaker 9: when people live empty, meaningless lives and they don't have

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Speaker 9: any fundamental sense of.

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Speaker 1: Purpose, they they look for it in pity.

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Speaker 9: They look for it, and you know, they want attention

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Speaker 9: because to get attention is to remind themselves that they exist.

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Speaker 9: They don't feel like they exist unless they get attention.

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Speaker 1: And the best way and the.

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Speaker 9: Easiest way to get attention is to get it through

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Speaker 9: through pity.

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Speaker 1: And so that's where this comes from. It.

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Speaker 9: But I don't even you know, the hoaxers and the

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Speaker 9: people that make this stuff up. I can't even get

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Speaker 9: mad at them because I know that there are liars

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Speaker 9: and these sorts of pathetic people out there. I do

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Speaker 9: almos feel sorry for them that you're such a pathetic

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Speaker 9: human being that this is you know that you want

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Speaker 9: everyone to feel pity for you making these stories up.

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Speaker 9: You're just a pathetic h I put more of the

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Speaker 9: blame on the media for amplifying these stories in the

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Speaker 9: first place. You know, that particular story that news channel

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Speaker 9: whichever it was, they reported the initial story about this

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Speaker 9: guy being assaulted by with the by by you know,

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Speaker 9: fire breathing homophobes without without any schepistim they ask any

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Speaker 9: follow up questions, nothing at all, and of course they

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Speaker 9: know exactly what they're.

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Speaker 1: Doing, of course they do. Matt, thank you, my brother.

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Speaker 1: I appreciate you all right. You know what is an

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Speaker 1: actual crime? The government blowing all your money. It's a

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Speaker 1: big deal. It's gonna matter. We're gonna talk to Congressman

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Speaker 1: Eli Crane about it in a moment. On that same issue.

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Speaker 1: Do you have precious metals yet? I don't care what kind,

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Speaker 1: whether silver or gold, but you have it in your

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Speaker 1: physical possession. Right. They've stopped pretending, they've stopped acting like

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Speaker 1: there will be any cuts to spending. They're not gonna

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Speaker 1: stop printing money. We've all watched the value of our

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Speaker 1: money go down. Well it's gonna keep going down. So

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Speaker 1: what do people do? What can normal people do? The

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Speaker 1: only thing you can do is get in your hands

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Speaker 1: something these people can't destroy. They can't destroy the gold

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Speaker 1: coins Oxford Gold will send you. Get it in your

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Speaker 1: retirement as well. You worked hard for that four to

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Speaker 1: oh one k that Ira. Don't let these people blow

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Speaker 1: up the stock market and give away your retirement. Get

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Speaker 1: that as part of your retirement, Jesse, how do I

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Speaker 1: do that. I don't know Oxford does. Oxford handles all

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Speaker 1: that for you. That's why I don't know. I don't

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Speaker 1: have to know. I call Oxford, they mail me what

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Speaker 1: I need. They take care of getting it in my

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Speaker 1: mess investments Oxford Gold Group eight three three Gold. All right,

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Speaker 1: we'll be back. Okay, Let's try to figure out what

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Speaker 1: exactly is happening in the House of Representatives. Right now.

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Speaker 1: We have an impeachment inquiry. I think I don't know

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Speaker 1: if that's going anywhere. Are we ever going to cut

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Speaker 1: spending secure the border? I don't know. Yeah, I bet

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Speaker 1: Eli knows he's an avcal. He's now a congressman out

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Speaker 1: of Arizona. Eli, Okay, let's deal with that piece of trash.

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Speaker 1: Alejandro mayork Is first gets appointed DHS secretary, promptly opens

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Speaker 1: up the border of our country on purpose, flood of

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Speaker 1: the country with about eight million illegals. I think I

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Speaker 1: have that number, right. Is he actually gonna get impeached?

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Speaker 4: I hope so, Jesse. I think he's going to be

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Speaker 4: impeached in the House. I don't have any confidence that

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Speaker 4: the Senate will impeach him, but you know, at the

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Speaker 4: very least I want that blemish to be on his

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Speaker 4: record forever. Because when I look at our options and

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Speaker 4: what we can do to actually secure the southern border,

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Speaker 4: you know, we can do it legislatively. We passed HR

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Speaker 4: two that's going nowhere with the Senate and President. We

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Speaker 4: can try and deny the power of the purse and

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Speaker 4: and funding for it.

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Speaker 7: We don't have enough strong Republicans.

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Speaker 4: Willing to do that, so our other options are impeachment

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Speaker 4: and then try and use our platforms to uh, you know,

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Speaker 4: expose and you know, this issue and this crisis as

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Speaker 4: much as we can do the American people.

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Speaker 1: Speaking of Unich Republicans, let's talk about Ken Buck. He said,

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Speaker 1: quote may Orcus is terrible. The border is a disaster,

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Speaker 1: but it's not impeachable. We don't have to talk about

435
00:22:30,600 --> 00:22:33,359
Speaker 1: Bucks specifically, just because we're not focusing on women today.

436
00:22:33,560 --> 00:22:38,760
Speaker 1: But how many GOP congressmen in the House lack any

437
00:22:38,840 --> 00:22:41,720
Speaker 1: testosterone at all? Clearly the number is high. I just

438
00:22:41,760 --> 00:22:45,119
Speaker 1: want to know how many, well.

439
00:22:45,640 --> 00:22:47,320
Speaker 4: You know, I happen to think Buck might be with

440
00:22:47,400 --> 00:22:49,359
Speaker 4: us on the on the floor on this one, but

441
00:22:49,520 --> 00:22:52,560
Speaker 4: as far as you know, just and Buck with was

442
00:22:52,600 --> 00:22:55,800
Speaker 4: with us when we when we vacated McCarthy, So I

443
00:22:55,840 --> 00:22:57,720
Speaker 4: definitely will give a shout out to kiin Buck for that,

444
00:22:59,160 --> 00:23:01,400
Speaker 4: you know. But to be honest, some of those things

445
00:23:01,400 --> 00:23:04,440
Speaker 4: that you talked about earlier in your opening Jesse, are

446
00:23:04,440 --> 00:23:05,760
Speaker 4: we going to cut spending, are we going.

447
00:23:05,760 --> 00:23:06,720
Speaker 7: To secure the border?

448
00:23:07,000 --> 00:23:09,359
Speaker 4: You know, some of these biggest issues to the American people.

449
00:23:10,000 --> 00:23:12,320
Speaker 4: The answer is no, not with the individuals that we

450
00:23:12,400 --> 00:23:14,600
Speaker 4: have up here, not with the leadership that we have

451
00:23:14,720 --> 00:23:17,679
Speaker 4: up here. I hate to say it, but this is

452
00:23:17,680 --> 00:23:20,359
Speaker 4: what I see each and every day. I see our

453
00:23:20,440 --> 00:23:23,480
Speaker 4: leadership constantly surrounding themselves with people that tell.

454
00:23:23,359 --> 00:23:26,160
Speaker 7: Them why we can't fight, why we have to do.

455
00:23:26,240 --> 00:23:29,840
Speaker 4: The typical Republican play of, you know, kick the can

456
00:23:29,920 --> 00:23:31,919
Speaker 4: down the road and oh, well, we'll fight once we

457
00:23:31,960 --> 00:23:35,199
Speaker 4: take the Senate or the president presidency back, but we

458
00:23:35,240 --> 00:23:38,600
Speaker 4: can't do it right now. And unfortunately, I don't know

459
00:23:38,640 --> 00:23:41,960
Speaker 4: that this country has enough time left to be employing

460
00:23:42,000 --> 00:23:43,080
Speaker 4: those type of strategies.

461
00:23:44,680 --> 00:23:47,680
Speaker 1: Yeah, I know, it certainly doesn't. Seventy eight billion dollar

462
00:23:47,840 --> 00:23:51,640
Speaker 1: tax credit bill passed last night more Democrats than Republicans.

463
00:23:51,680 --> 00:23:53,560
Speaker 1: I learned most of what I needed to know about

464
00:23:53,560 --> 00:23:55,879
Speaker 1: it by the fact you voted against it. What is

465
00:23:55,920 --> 00:23:58,679
Speaker 1: this pile of crap. I'm sure they foist it on us.

466
00:23:59,720 --> 00:24:00,120
Speaker 7: Yeah.

467
00:24:00,160 --> 00:24:02,359
Speaker 4: Well, I mean, at the end of the day, you know,

468
00:24:02,520 --> 00:24:04,479
Speaker 4: the biggest issue for me is, you know, we're going

469
00:24:04,520 --> 00:24:06,919
Speaker 4: to be giving you know, tax breaks and incentives to

470
00:24:07,520 --> 00:24:09,560
Speaker 4: people that aren't supposed to even be in this country.

471
00:24:09,600 --> 00:24:13,159
Speaker 4: And you cannot do that. You cannot incentivize you know,

472
00:24:13,240 --> 00:24:16,080
Speaker 4: this this invasion at our southern border. Obviously, Jesse, we

473
00:24:16,119 --> 00:24:19,280
Speaker 4: can't afford it. We're thirty four trillion dollars in debt

474
00:24:19,320 --> 00:24:22,080
Speaker 4: running it, you know, over two trillion dollars annual deficit.

475
00:24:22,480 --> 00:24:24,520
Speaker 4: That's not to say that there weren't some good things

476
00:24:24,560 --> 00:24:27,320
Speaker 4: in there, you know, for you know, you know, businesses

477
00:24:27,400 --> 00:24:30,560
Speaker 4: and families within the tax bill. But that's what they

478
00:24:30,600 --> 00:24:33,560
Speaker 4: do up here, Jesse. They take something that has something

479
00:24:33,760 --> 00:24:36,600
Speaker 4: you know, virtuous in it, and they lob on a

480
00:24:36,600 --> 00:24:38,679
Speaker 4: bunch of crap to it, and then you know, they

481
00:24:38,840 --> 00:24:40,680
Speaker 4: they want you to vote for it, and if you don't,

482
00:24:41,000 --> 00:24:43,240
Speaker 4: you know, they start running commercials abalue calling you a

483
00:24:43,320 --> 00:24:46,680
Speaker 4: legislative terrorist. And so we just need more people up here.

484
00:24:46,720 --> 00:24:48,560
Speaker 4: I hope the American people are waking up to it.

485
00:24:48,600 --> 00:24:51,400
Speaker 4: I hope they're watching your show and other shows where

486
00:24:51,400 --> 00:24:53,440
Speaker 4: they get actual news.

487
00:24:53,520 --> 00:24:55,520
Speaker 7: You know, that isn't you know, dominated and.

488
00:24:55,520 --> 00:24:59,280
Speaker 4: Controlled by you know, corporate sponsorships and globalists, you know,

489
00:24:59,320 --> 00:25:01,439
Speaker 4: so that they can act to get the grasp truth

490
00:25:01,520 --> 00:25:04,000
Speaker 4: about what's going on up here and who's actually fighting.

491
00:25:03,720 --> 00:25:09,399
Speaker 1: For speaking of the truth. Ukraine, obviously it's been a

492
00:25:09,400 --> 00:25:12,520
Speaker 1: big old mess for quite some time before Russia ever

493
00:25:12,520 --> 00:25:14,840
Speaker 1: stepped foot in there. It was the black market weapons

494
00:25:14,880 --> 00:25:18,480
Speaker 1: hub of the planet. Now we know forty million dollars

495
00:25:18,480 --> 00:25:22,360
Speaker 1: meant for munitions disappear. That's that number is obviously very

496
00:25:22,440 --> 00:25:25,320
Speaker 1: very low compared to how much has been swindled over there.

497
00:25:25,920 --> 00:25:29,439
Speaker 1: How crooked do we believe these people are. It's clearly

498
00:25:29,480 --> 00:25:32,040
Speaker 1: not getting to the Ukrainian men on the front lines.

499
00:25:32,119 --> 00:25:34,600
Speaker 1: We already know that. How crooked is this place?

500
00:25:36,520 --> 00:25:39,359
Speaker 4: I think it's extremely crooked, Jesse, I think, you know,

501
00:25:39,480 --> 00:25:42,040
Speaker 4: when you look at some of the data, it's been

502
00:25:42,160 --> 00:25:44,480
Speaker 4: voted many times as one of the most corrupt countries

503
00:25:44,520 --> 00:25:48,040
Speaker 4: in the world, and you know, it just seems fishy

504
00:25:48,040 --> 00:25:50,320
Speaker 4: that that seems to be the priority of the Senate

505
00:25:50,720 --> 00:25:53,640
Speaker 4: and some of the most powerful individuals in Washington, DC,

506
00:25:53,840 --> 00:25:56,520
Speaker 4: that we continue to pump tens of billions of dollars

507
00:25:57,080 --> 00:25:59,520
Speaker 4: over into one of the most corrupt countries in the world,

508
00:25:59,720 --> 00:26:02,119
Speaker 4: you know, pushing World War three with you know, a

509
00:26:02,160 --> 00:26:05,560
Speaker 4: country that has more nuclear weapons than anybody on Earth. Meanwhile,

510
00:26:05,600 --> 00:26:07,960
Speaker 4: they could care less about our southern border, and they

511
00:26:08,000 --> 00:26:11,879
Speaker 4: even try and attach you know, you know, border security

512
00:26:11,960 --> 00:26:14,879
Speaker 4: to money for Ukraine. We continually hear that that's the

513
00:26:14,960 --> 00:26:17,840
Speaker 4: number one thing that the Senate wants and some of

514
00:26:17,880 --> 00:26:20,879
Speaker 4: the most powerful and people in Washington d C want.

515
00:26:20,920 --> 00:26:22,879
Speaker 4: And obviously, when we go back and look at the

516
00:26:22,880 --> 00:26:25,840
Speaker 4: Biden administration and you know, the ties that he has

517
00:26:25,920 --> 00:26:28,480
Speaker 4: to Ukraine, being the point man over there, his son

518
00:26:28,920 --> 00:26:31,160
Speaker 4: making a lot of money over there, you.

519
00:26:31,119 --> 00:26:34,520
Speaker 7: Know, it just it smells really really swampy.

520
00:26:34,600 --> 00:26:39,199
Speaker 1: Jesse. Is that why so many of these people, Democrats

521
00:26:39,240 --> 00:26:42,840
Speaker 1: and Republicans talk about it so much? Congressman, Because I'll

522
00:26:42,880 --> 00:26:45,200
Speaker 1: be honest with you, I find it to be amazing,

523
00:26:45,200 --> 00:26:48,760
Speaker 1: whatever you feel about Russia Ukraine, that senators Republican and

524
00:26:48,800 --> 00:26:52,280
Speaker 1: Democrat announced publicly that they will not pass any border

525
00:26:52,359 --> 00:26:55,240
Speaker 1: security bill unless they can also send money to Ukraine.

526
00:26:55,280 --> 00:26:59,280
Speaker 1: That is such a dumbfoundingly horrific statement. And yet these

527
00:26:59,280 --> 00:27:03,359
Speaker 1: people just make these claims publicly. Now, yeah, I think.

528
00:27:03,240 --> 00:27:05,400
Speaker 4: That's part of it, Jesse. I think there's definitely a

529
00:27:05,400 --> 00:27:07,560
Speaker 4: corruption part of it. But I think, you know, there's

530
00:27:07,600 --> 00:27:09,879
Speaker 4: still a lot of even Republicans who live in this,

531
00:27:10,440 --> 00:27:12,919
Speaker 4: you know, this old mentality that the United States is

532
00:27:12,960 --> 00:27:16,440
Speaker 4: supposed to be this global defender of you know, everybody

533
00:27:16,440 --> 00:27:18,960
Speaker 4: and everyone around the country. The bottom line, though, is

534
00:27:19,080 --> 00:27:22,000
Speaker 4: times have changed. We can't afford it. And meanwhile we

535
00:27:22,040 --> 00:27:24,359
Speaker 4: have an administration that couldn't even pull us out of

536
00:27:24,400 --> 00:27:28,800
Speaker 4: Afghanistan without creating one of the biggest you know, debacles,

537
00:27:29,200 --> 00:27:32,480
Speaker 4: you know, in in in history. Do you trust these

538
00:27:32,520 --> 00:27:35,840
Speaker 4: guys if war was to break out with Russia in

539
00:27:35,880 --> 00:27:39,000
Speaker 4: the United States because of our effort supporting Ukraine, Jesse,

540
00:27:39,119 --> 00:27:41,760
Speaker 4: do you trust this administration and this government to take

541
00:27:41,760 --> 00:27:44,600
Speaker 4: on Russia? I can't tell, brother, I don't trust these

542
00:27:44,640 --> 00:27:47,400
Speaker 4: guys to take on Nicaragua. I mean, they didn't even

543
00:27:47,440 --> 00:27:50,600
Speaker 4: know where you know, Austin was for like ten days

544
00:27:50,600 --> 00:27:52,840
Speaker 4: while he's getting you know, surgery. I mean that just

545
00:27:52,920 --> 00:27:58,399
Speaker 4: shows you know, how incompetent, unorganized that this administration is.

546
00:27:58,440 --> 00:28:00,440
Speaker 7: And that's that's something that we have to think think about.

547
00:28:03,480 --> 00:28:07,640
Speaker 1: Joe Biden finally finally brought it on himself to call

548
00:28:07,680 --> 00:28:10,040
Speaker 1: off the family. He's at least one of the families

549
00:28:10,119 --> 00:28:12,800
Speaker 1: of the fallen. We've recently lost two Navy Seals to

550
00:28:12,880 --> 00:28:15,159
Speaker 1: the deep. Prayers out for you, and I know the

551
00:28:15,280 --> 00:28:18,520
Speaker 1: Navy seal family is hurting right now. Three reservists and

552
00:28:18,800 --> 00:28:21,840
Speaker 1: from George I just got killed. Joe Biden called the

553
00:28:21,880 --> 00:28:23,800
Speaker 1: family and of course talked about his son.

554
00:28:25,240 --> 00:28:30,360
Speaker 2: I know, you know, everybody, I know, there's nothing anybody

555
00:28:30,400 --> 00:28:33,240
Speaker 2: can say or do. I've been there.

556
00:28:33,520 --> 00:28:34,280
Speaker 5: Well, I tell you.

557
00:28:34,160 --> 00:28:37,560
Speaker 2: What it means a lot to walk to media. My

558
00:28:37,680 --> 00:28:47,040
Speaker 2: son spent a year in Irack lost. You know, of

559
00:28:47,080 --> 00:28:52,080
Speaker 2: all these kids, who wants to take care of ninety

560
00:28:52,120 --> 00:28:52,920
Speaker 2: a half percents?

561
00:28:55,040 --> 00:28:58,720
Speaker 1: Gosh, that's freaking said Eli. What what's the mental state

562
00:28:58,760 --> 00:29:02,120
Speaker 1: of the seal community right now underneath this administration?

563
00:29:04,280 --> 00:29:07,280
Speaker 4: Well, I definitely I know they feel it, you know, Jesse,

564
00:29:07,520 --> 00:29:09,560
Speaker 4: you know, and when I look when I watch videos

565
00:29:09,600 --> 00:29:11,520
Speaker 4: like that, my my heart breaks.

566
00:29:11,200 --> 00:29:14,360
Speaker 7: For those parents. But looking looking forward.

567
00:29:14,000 --> 00:29:15,760
Speaker 4: Brother, I can't tell you that there's not going to

568
00:29:15,800 --> 00:29:18,920
Speaker 4: be more of those parents unless we, you know, pull

569
00:29:18,960 --> 00:29:21,680
Speaker 4: our heads out of our rears and you know, adopt

570
00:29:21,880 --> 00:29:26,440
Speaker 4: the America first mentality. We need to start putting Americans first.

571
00:29:26,840 --> 00:29:29,160
Speaker 4: We need to quit thinking that, you know, we're some

572
00:29:29,200 --> 00:29:32,920
Speaker 4: imperialist country that you know, has to protect the rest

573
00:29:32,920 --> 00:29:33,520
Speaker 4: of the world.

574
00:29:34,440 --> 00:29:36,760
Speaker 7: And you see the job that we do at you.

575
00:29:36,720 --> 00:29:40,160
Speaker 4: Know, at even you know, our efforts overseas often you

576
00:29:40,160 --> 00:29:42,600
Speaker 4: know Jesse with you know, sending one hundred and fifty

577
00:29:42,640 --> 00:29:46,120
Speaker 4: billion dollars over to Ukraine, telling the American people that

578
00:29:46,160 --> 00:29:48,360
Speaker 4: the Ukrainians are going to go on the offensive and

579
00:29:48,480 --> 00:29:49,560
Speaker 4: push the Russians back.

580
00:29:49,640 --> 00:29:50,600
Speaker 7: That never happens.

581
00:29:50,920 --> 00:29:54,680
Speaker 4: Pulling out of Afghanistan, you know, you see, you know,

582
00:29:54,760 --> 00:29:57,600
Speaker 4: Afghani's allies falling off of planes.

583
00:29:57,240 --> 00:29:58,800
Speaker 7: While they while they pull out of there.

584
00:29:58,880 --> 00:30:02,040
Speaker 4: Meanwhile we're leaving, you know, hundreds of millions of dollars

585
00:30:02,080 --> 00:30:05,360
Speaker 4: of military gear that then gets used all over the

586
00:30:05,400 --> 00:30:09,200
Speaker 4: world to fight against our allies, and probably, you know,

587
00:30:09,280 --> 00:30:11,640
Speaker 4: in a date in the near future, will be used

588
00:30:11,640 --> 00:30:15,160
Speaker 4: to fight against us. And it's just like, brother, it

589
00:30:15,240 --> 00:30:18,160
Speaker 4: concerns me because I know mommies and daddy's like that

590
00:30:18,200 --> 00:30:19,520
Speaker 4: one you showed on the screen.

591
00:30:19,640 --> 00:30:20,920
Speaker 7: I know they love this country.

592
00:30:20,960 --> 00:30:23,680
Speaker 4: I know they love their kids and just like I

593
00:30:23,720 --> 00:30:25,920
Speaker 4: love mine, and I'm very concerned that there's going to

594
00:30:25,960 --> 00:30:28,480
Speaker 4: be a lot more Americans just like that if we

595
00:30:28,560 --> 00:30:32,560
Speaker 4: don't wise up, learn, learn from the past, and you know,

596
00:30:32,640 --> 00:30:36,560
Speaker 4: actually start making decisions that are based on what's best

597
00:30:36,720 --> 00:30:37,840
Speaker 4: for this country.

598
00:30:37,880 --> 00:30:43,200
Speaker 1: First, Eli, what was the worst part of Buds? Was

599
00:30:43,240 --> 00:30:45,520
Speaker 1: it the sand? Was it the cold? Was it the

600
00:30:45,600 --> 00:30:47,640
Speaker 1: lack of sleep? What was the part? Looking back on

601
00:30:47,640 --> 00:30:49,840
Speaker 1: it now that you're like, man, that that part, I know,

602
00:30:50,000 --> 00:30:52,880
Speaker 1: none of it was fun. That part was the worst.

603
00:30:53,680 --> 00:30:57,080
Speaker 4: The worst part, you know, Jesse was you know, coming

604
00:30:57,160 --> 00:30:59,680
Speaker 4: home on the weekends and you know, having to look

605
00:30:59,720 --> 00:31:01,560
Speaker 4: at my friends in the Marine Corps will be like.

606
00:31:01,520 --> 00:31:04,920
Speaker 7: Hey, you guys are cool too, you know, now I'm

607
00:31:04,960 --> 00:31:05,360
Speaker 7: just kidding.

608
00:31:05,360 --> 00:31:09,880
Speaker 1: The worst part Jesse fronted with the boats.

609
00:31:09,520 --> 00:31:10,160
Speaker 7: On our heads.

610
00:31:10,200 --> 00:31:12,840
Speaker 4: Man, It's hard to describe to somebody, but if you

611
00:31:12,920 --> 00:31:16,320
Speaker 4: take a forty pound paint bucket, put a rubber pad

612
00:31:16,400 --> 00:31:18,360
Speaker 4: under it, put it on top of your head, and

613
00:31:18,400 --> 00:31:21,200
Speaker 4: then you know, you know, run fifteen twenty miles with

614
00:31:21,280 --> 00:31:24,520
Speaker 4: it a day, you'll get the idea what it's like

615
00:31:24,600 --> 00:31:28,000
Speaker 4: to do an elephant run in Buds.

616
00:31:28,000 --> 00:31:33,080
Speaker 1: Oh that just sucks, Eli, You are the man, Congressman.

617
00:31:33,120 --> 00:31:38,400
Speaker 1: I appreciate you very much. All right. Interest rates the

618
00:31:38,440 --> 00:31:40,720
Speaker 1: FED talked about it. They're going up, but they're going down.

619
00:31:40,760 --> 00:31:43,560
Speaker 1: What does any of this mean. I don't know. John

620
00:31:43,640 --> 00:31:55,560
Speaker 1: Carney does, though he'll join us next. The Feds don't

621
00:31:55,600 --> 00:32:00,720
Speaker 1: anticipate cutting interest rates, and that sucks because ins are high.

622
00:32:00,840 --> 00:32:03,040
Speaker 1: At least I think it sucks. Maybe it's a good thing.

623
00:32:03,080 --> 00:32:05,720
Speaker 1: I don't know. Let's ask John about it. Joining me now,

624
00:32:05,800 --> 00:32:10,600
Speaker 1: John Carney, Breitbart News Finance and Economics editor. Okay, John,

625
00:32:11,120 --> 00:32:14,320
Speaker 1: the Fed says cuts aren't imminent. It is what they said.

626
00:32:14,320 --> 00:32:17,960
Speaker 1: That's how they put it. No, why the.

627
00:32:17,800 --> 00:32:19,920
Speaker 5: Fed looked at the economy and they said there's no

628
00:32:20,000 --> 00:32:22,440
Speaker 5: need for a rate cut right now, and there's a

629
00:32:22,480 --> 00:32:25,880
Speaker 5: big risk that if they cut too early, it could

630
00:32:25,920 --> 00:32:30,040
Speaker 5: reignite inflation, and then they would have to reverse the cuts.

631
00:32:30,040 --> 00:32:32,960
Speaker 5: They would have to start raising again. Beneficials have made

632
00:32:33,000 --> 00:32:36,040
Speaker 5: it very clear that they view the worst outcome here

633
00:32:36,080 --> 00:32:39,720
Speaker 5: would be to cut and then have to come back

634
00:32:39,760 --> 00:32:42,520
Speaker 5: with hikes just a few months later. They want to

635
00:32:42,560 --> 00:32:45,440
Speaker 5: be able to say that when they make this momentous

636
00:32:45,480 --> 00:32:48,920
Speaker 5: decision to start cutting rates for the first time since

637
00:32:48,920 --> 00:32:53,920
Speaker 5: we had this gigantic explosion of inflation, that they know

638
00:32:54,000 --> 00:32:55,080
Speaker 5: they're doing the right thing.

639
00:32:57,280 --> 00:33:02,440
Speaker 1: Okay, So that means inflation is under control. Everyone watching

640
00:33:02,520 --> 00:33:05,160
Speaker 1: this can rest easy that the value of their dollar

641
00:33:05,200 --> 00:33:06,520
Speaker 1: will not continue to go down.

642
00:33:07,200 --> 00:33:09,080
Speaker 5: No, it's going to continue to go down. The FED

643
00:33:09,120 --> 00:33:12,280
Speaker 5: doesn't want inflation to go away altogether. The real risk

644
00:33:12,320 --> 00:33:16,560
Speaker 5: we're facing right now is that inflation may reignite. It

645
00:33:16,600 --> 00:33:19,680
Speaker 5: has come down a lot, it's still way above where

646
00:33:19,800 --> 00:33:23,040
Speaker 5: it should be. The FED targets two percent. We're far

647
00:33:23,080 --> 00:33:26,960
Speaker 5: above that, but the Fed things it's on the path

648
00:33:27,040 --> 00:33:29,880
Speaker 5: to two percent. The problem is if you look at

649
00:33:30,000 --> 00:33:33,640
Speaker 5: both the economy, we're growing very fast, unemployment is very low.

650
00:33:34,160 --> 00:33:37,560
Speaker 5: It's very little reason to think that inflation will keep falling.

651
00:33:38,120 --> 00:33:40,320
Speaker 5: And if you look around the world, there's a lot

652
00:33:40,360 --> 00:33:43,200
Speaker 5: of reason to think that inflation might pick back up.

653
00:33:43,440 --> 00:33:45,680
Speaker 5: We have this conflict going on in the Red Seat.

654
00:33:45,760 --> 00:33:49,440
Speaker 5: It's going to cause new supply chain problems. Oil prices

655
00:33:49,440 --> 00:33:52,520
Speaker 5: could rise as the conflict in the Middle East, in

656
00:33:52,680 --> 00:33:56,520
Speaker 5: Gaza in the Red Sea begins to spread and get worse.

657
00:33:56,960 --> 00:33:59,680
Speaker 5: So I think the FED looks around and says, we'd

658
00:33:59,760 --> 00:34:03,840
Speaker 5: like to see that inflation keeps coming down, so that

659
00:34:03,920 --> 00:34:06,840
Speaker 5: we think it's pretty certain that we're going to get

660
00:34:06,880 --> 00:34:10,440
Speaker 5: on this path towards two percent, and not you know,

661
00:34:10,560 --> 00:34:12,240
Speaker 5: just oh well, we had a good couple of months.

662
00:34:12,239 --> 00:34:13,600
Speaker 5: So let's go ahead.

663
00:34:13,320 --> 00:34:19,560
Speaker 1: And cut John. Can you merge two worlds for me? Here?

664
00:34:19,960 --> 00:34:22,680
Speaker 1: You talked about how the economy's doing well and unemployments low,

665
00:34:22,719 --> 00:34:26,160
Speaker 1: and obviously all that stuff seems true. Yet I don't

666
00:34:26,160 --> 00:34:29,520
Speaker 1: talk to anybody who feels like the economy is doing well.

667
00:34:29,560 --> 00:34:32,440
Speaker 1: People can't find work. If they can, the work sucks,

668
00:34:32,440 --> 00:34:35,200
Speaker 1: They're not happy with it. They're working two jobs, costs

669
00:34:35,239 --> 00:34:38,600
Speaker 1: are up. What am I seeing a mirage? No?

670
00:34:38,600 --> 00:34:41,000
Speaker 5: No, what you're seeing is right. I think most of

671
00:34:41,040 --> 00:34:44,680
Speaker 5: what people are feeling about what's wrong with the economy

672
00:34:44,880 --> 00:34:47,680
Speaker 5: is the fact that we had so much inflation. When

673
00:34:47,719 --> 00:34:51,440
Speaker 5: you have people's savings losing value, so if you're had

674
00:34:51,520 --> 00:34:54,480
Speaker 5: money in the bank, you've been wiped out by this inflation.

675
00:34:55,040 --> 00:34:59,120
Speaker 5: If when you have people's income until very recently not

676
00:34:59,360 --> 00:35:03,000
Speaker 5: keeping up with inflation. We did better last year than

677
00:35:03,040 --> 00:35:06,880
Speaker 5: we had been, so incomes started to rise faster than inflation,

678
00:35:07,320 --> 00:35:09,920
Speaker 5: but you're still behind if you look at the last

679
00:35:09,960 --> 00:35:13,040
Speaker 5: couple of years. And so I think when people say, yeah,

680
00:35:13,080 --> 00:35:15,640
Speaker 5: the economy is not doing well, what they're really telling

681
00:35:15,680 --> 00:35:19,640
Speaker 5: you is that they know that their cost of living

682
00:35:19,640 --> 00:35:23,600
Speaker 5: has risen a lot faster than their incomes. And they

683
00:35:23,800 --> 00:35:26,360
Speaker 5: the things that they used to be able to afford

684
00:35:26,440 --> 00:35:32,880
Speaker 5: they can't afford anymore. Family vacations, food, These are you know,

685
00:35:33,320 --> 00:35:39,439
Speaker 5: cars are very expensive. So people are correct in saying that, Yes,

686
00:35:40,160 --> 00:35:45,000
Speaker 5: you know, they're suffering economically. But growth is very high,

687
00:35:45,440 --> 00:35:48,360
Speaker 5: Unemployment has been very low. We're starting to see rises

688
00:35:48,480 --> 00:35:51,319
Speaker 5: in productivity. That's also a good sign. So there are

689
00:35:51,320 --> 00:35:54,400
Speaker 5: things that are going right with the economy, but the

690
00:35:54,560 --> 00:35:57,640
Speaker 5: cost of getting that right has been very high, very

691
00:35:57,719 --> 00:35:58,400
Speaker 5: high inflation.

692
00:36:00,840 --> 00:36:04,760
Speaker 1: Can you explain something to me, John, So the American

693
00:36:04,800 --> 00:36:08,360
Speaker 1: people have record high credit card debt and they've drained

694
00:36:08,360 --> 00:36:13,680
Speaker 1: their savings. Does that impact or will it impact in

695
00:36:13,719 --> 00:36:18,760
Speaker 1: some bad way the national economy? Personal debt, personal credit

696
00:36:18,800 --> 00:36:22,319
Speaker 1: card debt, lack of personal savings. Does that hurt the

697
00:36:22,440 --> 00:36:23,560
Speaker 1: United States as a whole?

698
00:36:24,560 --> 00:36:28,320
Speaker 5: It could, but right now Actually a lot of people

699
00:36:28,560 --> 00:36:31,080
Speaker 5: really did have a lot of excess savings, and some

700
00:36:31,120 --> 00:36:36,080
Speaker 5: of that still seems to be around. They when you

701
00:36:36,120 --> 00:36:38,960
Speaker 5: couldn't spend money, when you couldn't eat out, when you

702
00:36:38,960 --> 00:36:40,600
Speaker 5: couldn't go to the movies, you can go on vacation,

703
00:36:41,040 --> 00:36:44,200
Speaker 5: people built up a lot of excess savings. So they're

704
00:36:44,280 --> 00:36:48,680
Speaker 5: still spending that down credit card debt is and delinquencies

705
00:36:48,719 --> 00:36:52,359
Speaker 5: have started to rise, but they're not really high when

706
00:36:52,400 --> 00:36:57,279
Speaker 5: compared to normal historical levels, so I also don't think

707
00:36:57,360 --> 00:37:01,080
Speaker 5: that's a big problem. It can become a problem, but

708
00:37:01,440 --> 00:37:04,799
Speaker 5: most of the debt people have is actually fixed. It's

709
00:37:04,880 --> 00:37:09,080
Speaker 5: mostly mortgage debt, and that doesn't go up when the

710
00:37:09,120 --> 00:37:12,719
Speaker 5: FED raises interest rates. Your mortgage debt doesn't go up.

711
00:37:12,760 --> 00:37:14,359
Speaker 5: It only goes up if you buy a new home,

712
00:37:14,480 --> 00:37:16,960
Speaker 5: which is one of the reasons people aren't selling their

713
00:37:16,960 --> 00:37:19,319
Speaker 5: homes because they have very good mortgages. They don't want

714
00:37:19,320 --> 00:37:21,879
Speaker 5: to trade their three percent per seven percent. So we've

715
00:37:21,920 --> 00:37:26,319
Speaker 5: seen very low volumes of home sales. But it's not

716
00:37:26,400 --> 00:37:29,080
Speaker 5: impacting people's ability to spend money right now.

717
00:37:31,200 --> 00:37:35,360
Speaker 1: Okay, John, the rate cut? Does it have anything to

718
00:37:35,400 --> 00:37:38,319
Speaker 1: do with politics? Everyone will make it about politics, and

719
00:37:38,320 --> 00:37:41,600
Speaker 1: obviously I know these are all political animals. But would

720
00:37:41,640 --> 00:37:45,200
Speaker 1: the FED make a decision before or after the election

721
00:37:45,600 --> 00:37:48,839
Speaker 1: because of the election? Is that something that you would anticipate.

722
00:37:49,440 --> 00:37:52,160
Speaker 5: So the Fed, if they start cutting early enough, I

723
00:37:52,160 --> 00:37:55,480
Speaker 5: think they won't let the election bother them. But they're nervous.

724
00:37:55,520 --> 00:37:58,719
Speaker 5: They don't want to cut too early, and so this

725
00:37:58,800 --> 00:38:02,040
Speaker 5: pushes out the rate right now a lot of people

726
00:38:02,080 --> 00:38:05,279
Speaker 5: think maybe it'll not May, maybe June. If they don't

727
00:38:05,320 --> 00:38:08,239
Speaker 5: cut in July, if they haven't started cutting, I do

728
00:38:08,280 --> 00:38:11,160
Speaker 5: think the election starts to matter. I don't think the

729
00:38:11,200 --> 00:38:14,200
Speaker 5: Fed wants to cut in September. There's no meeting in August,

730
00:38:14,480 --> 00:38:17,360
Speaker 5: so if they don't cut in July, September's the earliest

731
00:38:17,360 --> 00:38:20,480
Speaker 5: they can cut. That is right on the precipice.

732
00:38:20,000 --> 00:38:20,520
Speaker 1: Of the election.

733
00:38:20,920 --> 00:38:23,080
Speaker 5: And I don't think they want to be seen as

734
00:38:23,560 --> 00:38:26,719
Speaker 5: cutting into the election, which would be seen as boosting

735
00:38:27,239 --> 00:38:33,440
Speaker 5: giving a boost to Biden. And they're worried about their independence. Frankly,

736
00:38:33,719 --> 00:38:37,759
Speaker 5: they know that if they seem too overtly political. Look,

737
00:38:37,880 --> 00:38:40,640
Speaker 5: ninety percent of the economists at the Federal Democrats. This

738
00:38:40,800 --> 00:38:43,200
Speaker 5: is not you know, they are Democrats. There is a

739
00:38:43,239 --> 00:38:47,359
Speaker 5: bias there. They are definitely not pro Trump. So if

740
00:38:47,360 --> 00:38:50,000
Speaker 5: he's the nominee, which you know he's almost certain to be,

741
00:38:50,960 --> 00:38:53,160
Speaker 5: most of the people at the feder are not Trump supporters,

742
00:38:53,560 --> 00:38:56,120
Speaker 5: so it will be very easy to paint them as

743
00:38:56,520 --> 00:38:59,480
Speaker 5: being political. They know this, they're aware of this, they

744
00:38:59,520 --> 00:39:03,560
Speaker 5: want to They're probably going to shy away from cutting rates,

745
00:39:03,840 --> 00:39:07,640
Speaker 5: if they haven't already by the time Ball rolls around.

746
00:39:09,160 --> 00:39:12,080
Speaker 1: John, can you explain to people who might be confused

747
00:39:12,239 --> 00:39:16,200
Speaker 1: why the next trillion dollar bill, five hundred billion dollar

748
00:39:16,280 --> 00:39:19,960
Speaker 1: bill they passed in Congress, why it affects them personally?

749
00:39:20,040 --> 00:39:22,520
Speaker 1: Because this is something the American people have have They

750
00:39:22,680 --> 00:39:25,320
Speaker 1: divorced those two things from each other, but they matter

751
00:39:25,440 --> 00:39:27,640
Speaker 1: and they matter a lot. Can you bring that home

752
00:39:27,719 --> 00:39:28,919
Speaker 1: for us? Yeah?

753
00:39:28,920 --> 00:39:31,600
Speaker 5: I actually think one of the big drivers of inflation

754
00:39:31,840 --> 00:39:36,880
Speaker 5: has been this huge government deficit. When we did giant

755
00:39:36,920 --> 00:39:40,360
Speaker 5: government deficits when inflacement was very low, that was probably fine.

756
00:39:40,680 --> 00:39:45,000
Speaker 5: When we did it during COVID also, okay, we kept

757
00:39:45,160 --> 00:39:48,200
Speaker 5: doing elevated deficits. First of all, Biden came in and

758
00:39:48,360 --> 00:39:50,680
Speaker 5: just decided he needed to spend a ton of money

759
00:39:50,960 --> 00:39:52,759
Speaker 5: because you know, he's a Democrat and he had a

760
00:39:52,800 --> 00:39:56,160
Speaker 5: lot of constant Democrat special interests he had to satisfy.

761
00:39:56,920 --> 00:40:00,360
Speaker 5: And then they kept spending money. By now, we should

762
00:40:00,400 --> 00:40:03,759
Speaker 5: have been in a fiscal retrenchment, meaning the government should

763
00:40:03,800 --> 00:40:06,919
Speaker 5: be pulling back on spending. It's not. It's growing. It's

764
00:40:07,040 --> 00:40:08,960
Speaker 5: not going to shrink this year. I think that is.

765
00:40:09,160 --> 00:40:12,839
Speaker 5: We are going to have a fiscally driven, high inflationary

766
00:40:12,920 --> 00:40:15,399
Speaker 5: environment for quite some time. So Yeah, it does matter

767
00:40:15,440 --> 00:40:19,160
Speaker 5: when the government spends because the government is competing with

768
00:40:19,360 --> 00:40:23,080
Speaker 5: you and I for goods and services. When it does

769
00:40:23,160 --> 00:40:26,560
Speaker 5: that by spending money, that means those things get more

770
00:40:26,600 --> 00:40:29,040
Speaker 5: expensive for us to buy.

771
00:40:30,200 --> 00:40:32,960
Speaker 1: Is a lot of this hot economy or growing economy

772
00:40:33,040 --> 00:40:36,440
Speaker 1: right now because the government's just dumping trillions into it.

773
00:40:37,320 --> 00:40:39,000
Speaker 5: I do think that's a huge part of one of

774
00:40:39,040 --> 00:40:41,200
Speaker 5: the reasons the economy is growing. If you look at

775
00:40:41,200 --> 00:40:44,000
Speaker 5: the jobs offers, for instance, the portion that is going

776
00:40:44,040 --> 00:40:46,760
Speaker 5: to government jobs and what I'll call it like government

777
00:40:46,840 --> 00:40:53,440
Speaker 5: adjacent jobs, so education, social services, healthcare, those that's very high,

778
00:40:53,520 --> 00:40:56,920
Speaker 5: and so there's a lot of government spending going into

779
00:40:56,920 --> 00:40:59,360
Speaker 5: the growth numbers. I do think there's some healthy things

780
00:40:59,360 --> 00:41:02,360
Speaker 5: going on. We really did incentivize a lot of good

781
00:41:02,520 --> 00:41:05,760
Speaker 5: investment in the tax cuts that Trump put in place.

782
00:41:06,280 --> 00:41:10,360
Speaker 5: I think that's helping boost growth. But I think the

783
00:41:10,640 --> 00:41:14,600
Speaker 5: unhealthy part of growth is coming from excessive government spending,

784
00:41:15,040 --> 00:41:18,279
Speaker 5: and that also may not work out. We're seeing the

785
00:41:18,680 --> 00:41:21,800
Speaker 5: things like the Chips Act and the so called Inflation

786
00:41:21,920 --> 00:41:26,160
Speaker 5: Reduction Act direct a lot of investment into people building

787
00:41:26,200 --> 00:41:30,000
Speaker 5: new factories in the US. They're building it to get subsidies,

788
00:41:30,000 --> 00:41:34,240
Speaker 5: and that worries me because it's not really an economic decision.

789
00:41:34,480 --> 00:41:37,480
Speaker 5: It's more of a political decision, and if those investments

790
00:41:37,480 --> 00:41:39,080
Speaker 5: don't pay off, we may regret it later.

791
00:41:41,280 --> 00:41:44,439
Speaker 1: Okay, finally, are normal people ever going to be able

792
00:41:44,440 --> 00:41:48,600
Speaker 1: to afford a house? Again? You mentioned housing prices. I

793
00:41:48,640 --> 00:41:51,920
Speaker 1: get these heartbreaking emails from these young professionals, young married

794
00:41:51,960 --> 00:41:54,800
Speaker 1: couples wanting to buy a house. It's not even close

795
00:41:54,880 --> 00:41:56,960
Speaker 1: to being in the cards for them. Is that just

796
00:41:57,360 --> 00:41:58,400
Speaker 1: something of the past.

797
00:41:59,400 --> 00:42:02,760
Speaker 5: It is very hard to buy a house. You're absolutely correct.

798
00:42:03,000 --> 00:42:06,880
Speaker 5: We have one of the least lowest levels of home affordability,

799
00:42:07,160 --> 00:42:10,440
Speaker 5: which you measure by home prices and mortgage rates, that

800
00:42:10,480 --> 00:42:13,839
Speaker 5: we've had ever in American history. So that's it's a

801
00:42:13,920 --> 00:42:17,279
Speaker 5: really tough situation and it's going to stay tough. I'm

802
00:42:17,320 --> 00:42:19,960
Speaker 5: sorry to be so negative about it, but interest rates

803
00:42:20,000 --> 00:42:22,680
Speaker 5: aren't coming down to where they were which made it

804
00:42:22,719 --> 00:42:26,400
Speaker 5: easier to buy a house. And frankly, the kind of

805
00:42:26,440 --> 00:42:29,960
Speaker 5: regulations that we have put in place that make building

806
00:42:30,360 --> 00:42:36,920
Speaker 5: the normal single family home possible or sorry, more difficult.

807
00:42:37,000 --> 00:42:40,280
Speaker 5: The regulations are making it more difficult. That is going

808
00:42:40,320 --> 00:42:44,680
Speaker 5: to really weigh on home construction for a long time.

809
00:42:45,120 --> 00:42:47,799
Speaker 5: And so home prices will stay elevated and it will

810
00:42:47,800 --> 00:42:50,640
Speaker 5: become very hard. It will stay very hard for young

811
00:42:50,680 --> 00:42:55,560
Speaker 5: people to be able to achieve the dream of homeownership.

812
00:42:56,520 --> 00:43:02,600
Speaker 1: I know, no, thank you, thank you for joining us, man.

813
00:43:02,640 --> 00:43:05,799
Speaker 1: I appreciate it. All Right, we have Black History Month.

814
00:43:05,920 --> 00:43:09,400
Speaker 1: I'm to celebrate it next. Before we do that, Monday

815
00:43:09,400 --> 00:43:12,680
Speaker 1: through Friday. Right here on the first TV, my boy

816
00:43:12,760 --> 00:43:16,719
Speaker 1: Mike Slater, he hosts Britebart News Daily. You don't have

817
00:43:16,719 --> 00:43:20,239
Speaker 1: to change the channel seven to nine am Eastern time,

818
00:43:20,360 --> 00:43:22,920
Speaker 1: Monday through Friday. Come watch my boy Slater bring you

819
00:43:22,960 --> 00:43:25,920
Speaker 1: the news of the morning. All right, all right, Black

820
00:43:26,000 --> 00:43:37,880
Speaker 1: History Month next. It is February first, and you know

821
00:43:37,920 --> 00:43:41,759
Speaker 1: what that means. It's the beginning of Black History Month.

822
00:43:42,080 --> 00:43:45,880
Speaker 1: For many, this begins a month of celebration of Black History.

823
00:43:46,360 --> 00:43:49,600
Speaker 1: For some, they roll their eyes and cringe because we

824
00:43:49,640 --> 00:43:52,600
Speaker 1: know we're gonna have so much nauseating dei stuff that

825
00:43:52,680 --> 00:43:55,480
Speaker 1: comes with this month. But you know what, I like

826
00:43:55,560 --> 00:43:57,480
Speaker 1: to look at the positive on things. I like to

827
00:43:57,640 --> 00:44:01,200
Speaker 1: lighten the mood and think about the good that comes

828
00:44:01,640 --> 00:44:04,600
Speaker 1: with Black History Month. What are some good things that

829
00:44:04,640 --> 00:44:08,000
Speaker 1: have come from from the outreach to Black America. Well,

830
00:44:08,200 --> 00:44:11,000
Speaker 1: in my opinion. The greatest one ever is when Rear

831
00:44:11,080 --> 00:44:14,120
Speaker 1: abro Butt Gig was running for president and he wasn't

832
00:44:14,120 --> 00:44:18,160
Speaker 1: getting any traction because they didn't like him for reasons

833
00:44:18,280 --> 00:44:20,520
Speaker 1: in the black community, so he decided he was going

834
00:44:20,600 --> 00:44:22,000
Speaker 1: to go do some black outreach.

835
00:44:23,320 --> 00:44:25,760
Speaker 8: It's a fog of war.

836
00:44:28,600 --> 00:44:30,719
Speaker 1: We heard you're a whiskey guy. Oh my goodness, that

837
00:44:30,800 --> 00:44:32,799
Speaker 1: is nothing but top show you.

838
00:44:33,440 --> 00:44:35,239
Speaker 8: I don't know if you want to come here more off,

839
00:44:35,320 --> 00:44:37,920
Speaker 8: you know, let's don't let the kids see.

840
00:44:38,640 --> 00:44:43,239
Speaker 3: All right, I to you and your new moon squad.

841
00:44:41,520 --> 00:44:52,040
Speaker 8: All keep it low, kisnocking, no problem, say.

842
00:44:53,800 --> 00:44:55,120
Speaker 1: But we're good though. You just pull up and be

843
00:44:55,160 --> 00:44:55,440
Speaker 1: like yo.

844
00:44:56,360 --> 00:44:57,919
Speaker 6: Matter of fact, if you come president, you could pardon

845
00:44:58,080 --> 00:45:00,640
Speaker 6: us nice.

846
00:45:02,600 --> 00:45:07,439
Speaker 5: Yeah, he drank a forty out of a paper bag.

847
00:45:09,080 --> 00:45:14,319
Speaker 1: All right, quit focus in all seriousness, that's in honor

848
00:45:14,320 --> 00:45:17,040
Speaker 1: of Black History Month. Let's honor one of the pre

849
00:45:17,080 --> 00:45:21,680
Speaker 1: eminent civil rights leaders of our time, Sean King. Sean

850
00:45:22,360 --> 00:45:25,880
Speaker 1: for me to you shout out, I know exactly what

851
00:45:25,880 --> 00:45:29,319
Speaker 1: you've gone through in life. All right, set them