1 00:00:01,120 --> 00:00:05,280 Speaker 1: So you got Russia their meeting with China in Russia 2 00:00:05,400 --> 00:00:09,000 Speaker 1: for like three days and hours and hours of meetings. 3 00:00:09,000 --> 00:00:11,080 Speaker 1: And we're not just talking about like random people from 4 00:00:11,080 --> 00:00:14,400 Speaker 1: the Chinese government meeting with random people from the Russian government. 5 00:00:14,440 --> 00:00:17,680 Speaker 1: No, no no, no, We're talking about Vladimir Putin and Gee 6 00:00:17,760 --> 00:00:22,800 Speaker 1: meeting together. They're coming together. Two of our adversaries, the 7 00:00:22,800 --> 00:00:26,920 Speaker 1: biggest adversaries that we have, are now hand in hand 8 00:00:26,960 --> 00:00:29,560 Speaker 1: meeting with one another. And make no mistake about it, 9 00:00:29,640 --> 00:00:34,160 Speaker 1: They're meeting in Russia to send a signal. Vladimir Putin 10 00:00:34,240 --> 00:00:35,960 Speaker 1: did not want to leave Russia to go to China. 11 00:00:36,120 --> 00:00:39,720 Speaker 1: He wanted China to come to them. Why would he 12 00:00:39,840 --> 00:00:42,879 Speaker 1: want that? Because China and Russia wanted to make it 13 00:00:42,960 --> 00:00:47,600 Speaker 1: clear we are on the same playing field. We together 14 00:00:47,720 --> 00:00:52,280 Speaker 1: are working together, we are allies. That is what this 15 00:00:52,360 --> 00:00:56,440 Speaker 1: is all about. Now, what was our president doing while 16 00:00:56,440 --> 00:01:01,760 Speaker 1: these two superpowers that are clearly a natural alliance doing 17 00:01:01,800 --> 00:01:03,720 Speaker 1: What were they doing? Like, what was this the White 18 00:01:03,720 --> 00:01:06,959 Speaker 1: House doing? As these two superpowers are meeting. I can 19 00:01:07,000 --> 00:01:09,440 Speaker 1: tell exactly what they were doing. They decided it was 20 00:01:09,480 --> 00:01:14,160 Speaker 1: a good idea to bring in the cast of a 21 00:01:14,400 --> 00:01:20,880 Speaker 1: great Apple TV show, Ted Lasso, The cast of Ted 22 00:01:21,000 --> 00:01:26,320 Speaker 1: Lasso came to the White House to talk about different issues. 23 00:01:26,480 --> 00:01:28,440 Speaker 1: I wish I was joking, I'm really not. Now, imagine 24 00:01:28,440 --> 00:01:31,679 Speaker 1: if you're Vladimir Putin or ggping, and you're sitting there 25 00:01:31,720 --> 00:01:34,720 Speaker 1: in Moscow and you're talking about basically taking over the 26 00:01:34,720 --> 00:01:37,760 Speaker 1: world and undermining the United States of America or even 27 00:01:37,800 --> 00:01:39,760 Speaker 1: taking down the United States of America. You're on the 28 00:01:39,840 --> 00:01:43,080 Speaker 1: Vergibal were three, and you're talking about giving weapons to 29 00:01:43,480 --> 00:01:46,959 Speaker 1: Russia from China that could allow for them to destroy 30 00:01:47,160 --> 00:01:51,000 Speaker 1: the Ukraine and maybe move even beyond that. And you'll 31 00:01:51,000 --> 00:01:53,600 Speaker 1: look up and you see, as of course you're monitoring 32 00:01:53,640 --> 00:01:58,960 Speaker 1: the US, that we've got a show, an Apple TV 33 00:01:59,080 --> 00:02:04,000 Speaker 1: show staff that is being escorted into the White House 34 00:02:04,600 --> 00:02:08,200 Speaker 1: into the Oval Office, and official pictures are being taken 35 00:02:08,280 --> 00:02:10,840 Speaker 1: with the first Lady in the President sitting around chatting 36 00:02:10,840 --> 00:02:14,800 Speaker 1: in the Oval Office. Now, while all this is also happening, 37 00:02:15,480 --> 00:02:18,960 Speaker 1: you have a banking crisis that is unfolding in this 38 00:02:19,040 --> 00:02:21,840 Speaker 1: country at the very same time. So the message that 39 00:02:21,840 --> 00:02:24,240 Speaker 1: you're sending to people that are worried about their finances 40 00:02:24,320 --> 00:02:26,440 Speaker 1: and the rest of the world is we have a 41 00:02:26,480 --> 00:02:31,160 Speaker 1: president that's hanging out with an Apple TV show Janet Yellen, 42 00:02:31,360 --> 00:02:36,600 Speaker 1: the Treasury Secretary, speaking at the American Bankers Association, actually 43 00:02:36,720 --> 00:02:39,040 Speaker 1: said that things are pretty much so bad that there 44 00:02:39,040 --> 00:02:43,640 Speaker 1: may be additional bank rescues that are going to be warranted. 45 00:02:44,480 --> 00:02:48,000 Speaker 1: So there is the lay of the land. And while 46 00:02:48,080 --> 00:02:50,799 Speaker 1: this is happening, we also found out that there's eleven 47 00:02:51,160 --> 00:02:55,519 Speaker 1: more business deals that the Chinese have done the Communist 48 00:02:55,520 --> 00:02:59,320 Speaker 1: Party has done with a Biden crime family. So that's 49 00:02:59,360 --> 00:03:02,240 Speaker 1: what's going on. And you bring in ted Lasso to 50 00:03:02,360 --> 00:03:06,320 Speaker 1: fix your problems. Now listen too, Janet Yellen talk about 51 00:03:06,360 --> 00:03:10,639 Speaker 1: what she believes could be another bank bailout. First, we 52 00:03:10,680 --> 00:03:15,519 Speaker 1: worked with the Federal Reserve and FDIC to protect all 53 00:03:15,639 --> 00:03:21,640 Speaker 1: depositors in the resolutions of Silicon Valley Bank and Signature Bank. 54 00:03:23,040 --> 00:03:27,960 Speaker 1: The steps we took were not focused on aiding specific 55 00:03:28,040 --> 00:03:33,480 Speaker 1: banks or classes of banks. Our intervention was necessary to 56 00:03:33,639 --> 00:03:39,600 Speaker 1: protect the broader US banking system, and similar actions could 57 00:03:39,640 --> 00:03:46,400 Speaker 1: be warranted if smaller institutions suffered deposit runs that pose 58 00:03:46,560 --> 00:03:51,800 Speaker 1: the risk of contagion. I believe that our actions reduced 59 00:03:51,800 --> 00:03:55,440 Speaker 1: the risk of further bank failures that would have imposed 60 00:03:55,480 --> 00:03:59,360 Speaker 1: losses on the Deposit Insurance Fund, which is paid for 61 00:03:59,600 --> 00:04:02,840 Speaker 1: through He's on banks. So you just had the Treasury 62 00:04:02,880 --> 00:04:05,880 Speaker 1: Secretary coming out and saying, first we work with an 63 00:04:05,960 --> 00:04:11,080 Speaker 1: FDIC to protect your dollars in the resolution, the Silicon 64 00:04:11,160 --> 00:04:13,160 Speaker 1: Valley Bank and signature banks. So she's saying this is 65 00:04:13,200 --> 00:04:16,720 Speaker 1: a good thing. The steps we took were not focused 66 00:04:16,720 --> 00:04:20,000 Speaker 1: on aiding specific banks or classes of banks. That's a lie. 67 00:04:20,600 --> 00:04:23,000 Speaker 1: She says, our intervention was necessary to protect the broader 68 00:04:23,080 --> 00:04:27,800 Speaker 1: US banking system, and similar actions could be warranted if 69 00:04:27,839 --> 00:04:31,839 Speaker 1: smaller institutions suffered deposit runs that pose a risk to 70 00:04:32,440 --> 00:04:36,960 Speaker 1: the country to your deposits. So this is what's going 71 00:04:37,000 --> 00:04:40,719 Speaker 1: on in Biden's America. And Joe Biden sends out a 72 00:04:40,720 --> 00:04:43,599 Speaker 1: picture and has a meeting and opens up the White 73 00:04:43,600 --> 00:04:50,000 Speaker 1: House to Ted Lasso, a TV show on Apple. He's 74 00:04:50,040 --> 00:04:54,520 Speaker 1: not sitting with Janet Yellen. Okay, he's not sitting with her. 75 00:04:56,000 --> 00:05:01,200 Speaker 1: He's sitting with Ted Lasso, a fake person on a show. 76 00:05:01,720 --> 00:05:04,200 Speaker 1: And the White House Press secret terry, she may be 77 00:05:04,240 --> 00:05:07,159 Speaker 1: the worst White House Press secret terry that we've ever seen. 78 00:05:08,080 --> 00:05:12,080 Speaker 1: Here's how some we're talking about this ridiculous meeting at 79 00:05:12,120 --> 00:05:14,560 Speaker 1: the White House, and some of the press was actually angry, 80 00:05:14,560 --> 00:05:16,479 Speaker 1: saying we've had enough of this crap. Take a listen. 81 00:05:16,960 --> 00:05:19,920 Speaker 1: Prior to the cast's appearance, Press Secretary Karan Jehan Pierre 82 00:05:20,040 --> 00:05:24,240 Speaker 1: was called out by Today News Africa reporter Simon Atiba, 83 00:05:24,520 --> 00:05:27,560 Speaker 1: accusing her of ignoring him. Watch this. So we're not 84 00:05:27,640 --> 00:05:33,800 Speaker 1: doing this. We're not doing this against some people. And 85 00:05:33,880 --> 00:05:48,000 Speaker 1: I'm saying welcome one times. Welcome, guys, welcome, welcome to 86 00:05:48,040 --> 00:05:51,560 Speaker 1: the press briefing room. So Atiba says, he's been raising 87 00:05:51,640 --> 00:05:56,760 Speaker 1: his hand and sending emails, but he feels disrespected. Liz, uh, look, 88 00:05:56,920 --> 00:05:59,000 Speaker 1: if this is not an S ANDL skit in the 89 00:05:59,040 --> 00:06:03,720 Speaker 1: coming weekend shocked, I agree too much. I love it. 90 00:06:03,839 --> 00:06:07,719 Speaker 1: This has to be a you know, Maria. It was 91 00:06:07,880 --> 00:06:12,359 Speaker 1: embarrassing obviously and yet kind of truthful. The truth is 92 00:06:12,440 --> 00:06:16,600 Speaker 1: this White House spokesperson and the White House in general 93 00:06:16,600 --> 00:06:19,760 Speaker 1: has been shutting down the press, and the anger about 94 00:06:19,760 --> 00:06:23,440 Speaker 1: that is bubbling to the surface. President Biden refuses to 95 00:06:23,480 --> 00:06:27,240 Speaker 1: take interviews, that he refuses to answer questions when he's 96 00:06:27,279 --> 00:06:30,760 Speaker 1: walking around. He comes and talks to the nation about 97 00:06:30,839 --> 00:06:34,560 Speaker 1: something really serious like our banking crisis. Five minutes he 98 00:06:34,640 --> 00:06:38,040 Speaker 1: turns his back on questions and walks away. And Karine 99 00:06:38,120 --> 00:06:40,960 Speaker 1: Jean Pierre, who is probably the worst creft secretary in 100 00:06:40,960 --> 00:06:47,040 Speaker 1: my lifetime, basically defends defends him with word salads and 101 00:06:47,240 --> 00:06:51,400 Speaker 1: completely meaningless statements. I feel almost sorry for her because 102 00:06:51,440 --> 00:06:54,880 Speaker 1: it's really her boss that is short changing the American 103 00:06:55,000 --> 00:06:59,560 Speaker 1: people here in terms of communications and answering questions or 104 00:07:00,120 --> 00:07:02,400 Speaker 1: be just that the White House is saying, will do 105 00:07:02,560 --> 00:07:06,200 Speaker 1: anything but actually answer real questions and will do anything 106 00:07:06,800 --> 00:07:13,960 Speaker 1: outside of and trying to distract, right, try to distract 107 00:07:14,000 --> 00:07:17,320 Speaker 1: from what's really happening here. I mean, you got to 108 00:07:17,360 --> 00:07:23,760 Speaker 1: understand these reporters shouting at the Press secretary during the 109 00:07:23,800 --> 00:07:30,480 Speaker 1: opening statements with Ted Lasso. A TV show is the 110 00:07:30,520 --> 00:07:34,200 Speaker 1: biggest disconnect from reality when you're and when you are 111 00:07:34,640 --> 00:07:36,920 Speaker 1: doing I guess what the Biden crime family is doing. 112 00:07:36,960 --> 00:07:41,160 Speaker 1: This is your only option. New Gingrich talking about how 113 00:07:41,280 --> 00:07:43,200 Speaker 1: ridiculous it is to have the Ted Lasso cast the 114 00:07:43,200 --> 00:07:46,000 Speaker 1: White House or Russian China or meeting, he says, shows 115 00:07:46,120 --> 00:07:51,040 Speaker 1: absolute shallow behavior as he described it of the Biden administration. 116 00:07:51,240 --> 00:07:55,200 Speaker 1: Action Foxings, contributor at New Gingrich. All Right, Num, I've 117 00:07:55,200 --> 00:07:57,520 Speaker 1: never watched Ted Lasso, but I guess they thought it 118 00:07:57,560 --> 00:08:00,920 Speaker 1: was important to put that up at the in the 119 00:08:00,960 --> 00:08:04,760 Speaker 1: White House press room. Any thoughts on that one. Well, 120 00:08:04,920 --> 00:08:07,840 Speaker 1: first of all, mental health is a very important issue, 121 00:08:08,320 --> 00:08:12,640 Speaker 1: and the number of Americans who are committing suicide or 122 00:08:12,760 --> 00:08:16,760 Speaker 1: dying from drug overdose, or having their lives ruined, running 123 00:08:16,880 --> 00:08:19,800 Speaker 1: up homeless, that's all a tragedy. But I think what 124 00:08:19,920 --> 00:08:24,320 Speaker 1: today showed you more was the absolute shallow behavior of 125 00:08:24,400 --> 00:08:29,880 Speaker 1: the Biden administration. We are in a very dangerous situation. 126 00:08:30,760 --> 00:08:35,640 Speaker 1: We have two of our two major international competitors, Russia 127 00:08:35,679 --> 00:08:39,480 Speaker 1: and China, coming closer and closer together. We have a 128 00:08:39,520 --> 00:08:44,080 Speaker 1: president who clearly does not have a clue what to do. 129 00:08:44,520 --> 00:08:47,680 Speaker 1: We have a vice president who is an embarrassment and 130 00:08:47,760 --> 00:08:51,840 Speaker 1: the best possible insurance policy for keeping Biden as president. 131 00:08:52,679 --> 00:08:56,480 Speaker 1: And Americans need to understand this is not a game. 132 00:08:57,080 --> 00:08:59,960 Speaker 1: This is not one of those things you get on Xbox. 133 00:09:00,440 --> 00:09:04,320 Speaker 1: We're in a real world, faced with real crises, and 134 00:09:04,480 --> 00:09:07,400 Speaker 1: we have a president who is totally out of touch 135 00:09:07,440 --> 00:09:10,120 Speaker 1: with reality in terms of what's going on in the world, 136 00:09:11,360 --> 00:09:13,880 Speaker 1: totally out of touch with reality with what's going on 137 00:09:13,960 --> 00:09:17,040 Speaker 1: in the world. Couldn't agree with him more, or maybe 138 00:09:17,200 --> 00:09:18,719 Speaker 1: is in touch, And this is the only thing you 139 00:09:18,800 --> 00:09:20,600 Speaker 1: know is to do to cover up for what he's 140 00:09:20,640 --> 00:09:23,720 Speaker 1: been up to lately. Now, before I get into more 141 00:09:23,760 --> 00:09:25,600 Speaker 1: of this story, I want to say thank you and 142 00:09:25,640 --> 00:09:27,240 Speaker 1: tell you about our good friends at the Gusts of 143 00:09:27,280 --> 00:09:30,480 Speaker 1: Precious Medals. They are different because they will even tell 144 00:09:30,520 --> 00:09:34,440 Speaker 1: you if a gold Ira isn't your answer, they give 145 00:09:34,480 --> 00:09:37,520 Speaker 1: you just the facts. Now. Gust of Precious Medal is 146 00:09:37,840 --> 00:09:40,760 Speaker 1: all about protecting your ira and your four oh one k. 147 00:09:41,440 --> 00:09:46,400 Speaker 1: They're great people a great conservative company. 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The media, however, is covering none of this. 165 00:10:49,760 --> 00:10:53,840 Speaker 1: What they are covering it's Donald Trump, and it's wall 166 00:10:53,840 --> 00:10:58,640 Speaker 1: to wall coverage for the possible arraignment, indictment and mug 167 00:10:58,679 --> 00:11:02,640 Speaker 1: shot of the four president of the United States of America. 168 00:11:02,800 --> 00:11:06,120 Speaker 1: Alan Dershowitz, you may know, is a liberal professor, but 169 00:11:06,200 --> 00:11:09,920 Speaker 1: he's a pretty smart guy. He just wrote a book 170 00:11:09,960 --> 00:11:13,680 Speaker 1: about Getting Donald Trump, and he understands it the way 171 00:11:13,679 --> 00:11:17,040 Speaker 1: that I've been explaining it to you. That there is 172 00:11:17,200 --> 00:11:19,360 Speaker 1: one thing that Democrats going to do right now, and 173 00:11:19,400 --> 00:11:21,760 Speaker 1: that's get Donald Trump and lock up their political opponent. 174 00:11:21,760 --> 00:11:24,760 Speaker 1: They've been trying this since twenty sixteen with the Russian 175 00:11:24,760 --> 00:11:29,920 Speaker 1: collusion hoax. He went on Newsmax and he said that 176 00:11:30,000 --> 00:11:32,920 Speaker 1: Americans should be terrified of what's happening right now because 177 00:11:33,040 --> 00:11:35,439 Speaker 1: we are losing our rule of law, which is the 178 00:11:35,480 --> 00:11:39,000 Speaker 1: only thing that separates the United it's America from becoming 179 00:11:39,000 --> 00:11:42,840 Speaker 1: a third world country. Listen to this. Alan Dershowitz is 180 00:11:42,840 --> 00:11:45,800 Speaker 1: the author of Get Trump, a Harvard law professor as well, 181 00:11:46,280 --> 00:11:50,400 Speaker 1: and as I said earlier, a democrat. So good to 182 00:11:50,440 --> 00:11:53,040 Speaker 1: have you on, going to see you again as a society. 183 00:11:53,200 --> 00:11:55,400 Speaker 1: You know, you have a whole book about this that's 184 00:11:55,440 --> 00:11:58,320 Speaker 1: just been released, the desperation to get Donald Trump and 185 00:11:58,360 --> 00:12:00,679 Speaker 1: what it's doing to our society. Have we lost our 186 00:12:00,720 --> 00:12:03,600 Speaker 1: minds over the former president? Oh, it's worse than just 187 00:12:03,679 --> 00:12:07,440 Speaker 1: losing their minds. Who are losing our rule of law? Here. Look, 188 00:12:07,480 --> 00:12:10,719 Speaker 1: this happened once before. I remember it very vividly. It 189 00:12:10,760 --> 00:12:14,080 Speaker 1: was nineteen sixty one, nineteen sixty two. I was training 190 00:12:14,120 --> 00:12:17,400 Speaker 1: to go down South to be a civil rights monitor, 191 00:12:17,559 --> 00:12:20,920 Speaker 1: watching the civil rights riots and demonstrations. And I was 192 00:12:20,960 --> 00:12:24,720 Speaker 1: being taught by the NACP civil rights people, and they 193 00:12:24,760 --> 00:12:26,800 Speaker 1: said to me and to all of us in the class, 194 00:12:27,280 --> 00:12:30,080 Speaker 1: do not spit on the sidewalk. If you spit on 195 00:12:30,120 --> 00:12:33,680 Speaker 1: the sidewalk, they will turn it into a felony, destroying property. 196 00:12:33,840 --> 00:12:38,040 Speaker 1: Because they're targeting every civil rights worker. They want to 197 00:12:38,080 --> 00:12:42,000 Speaker 1: get them. They've instructed the sheriffs, they've instructed the police, 198 00:12:42,200 --> 00:12:46,040 Speaker 1: they've instructed the prosecutors. If they do anything wrong, if 199 00:12:46,040 --> 00:12:48,760 Speaker 1: they cross against the light, if they put a cigarette 200 00:12:48,760 --> 00:12:52,199 Speaker 1: ad on the sidewalk, felony. Put them in jail. We 201 00:12:52,240 --> 00:12:54,839 Speaker 1: want to make sure we get them if they're civil 202 00:12:54,880 --> 00:12:59,120 Speaker 1: rights workers. Is this really what District Attorney Bragg wants 203 00:12:59,160 --> 00:13:03,280 Speaker 1: to emulate the South in the segregation period when they 204 00:13:03,320 --> 00:13:06,200 Speaker 1: were getting civil rights workers. That's what this is like. 205 00:13:07,520 --> 00:13:11,320 Speaker 1: You know, we've talked a lot about how you know 206 00:13:11,360 --> 00:13:13,880 Speaker 1: that I guess that the left in this country has changed. 207 00:13:14,600 --> 00:13:17,439 Speaker 1: How people used to fight against this and now they 208 00:13:17,520 --> 00:13:20,920 Speaker 1: capitulate to people that will will take any excuse to 209 00:13:20,920 --> 00:13:23,600 Speaker 1: go after their political opponents, and how that's how that's 210 00:13:23,679 --> 00:13:26,080 Speaker 1: changed socialmatica. You've talked about on the show about the 211 00:13:26,120 --> 00:13:28,120 Speaker 1: ACLU and how they used to fight different than they 212 00:13:28,160 --> 00:13:31,880 Speaker 1: do today and how they've morphed. We've moved into a 213 00:13:31,880 --> 00:13:35,600 Speaker 1: different place in this country. Well, particularly people like the 214 00:13:35,640 --> 00:13:39,040 Speaker 1: ACOU and some of my colleagues, that Harvard Lawrence Tribe 215 00:13:39,040 --> 00:13:42,560 Speaker 1: for example, and others who will do anything to get Trump. 216 00:13:42,679 --> 00:13:46,280 Speaker 1: They don't care about the constitution. They think that Trump's 217 00:13:46,320 --> 00:13:49,320 Speaker 1: reelection would be like the election of Adolf Hitler in 218 00:13:49,400 --> 00:13:53,120 Speaker 1: nineteen thirty two, and they're prepared to do anything short 219 00:13:53,120 --> 00:13:56,720 Speaker 1: of assassination. They're prepared to stretch the law. Look, in 220 00:13:56,720 --> 00:13:59,760 Speaker 1: this case, it's not even a misdemeanor. Let me explain 221 00:13:59,800 --> 00:14:03,960 Speaker 1: why it's perfectly appropriate to make a deal to settle 222 00:14:04,000 --> 00:14:07,240 Speaker 1: a case. That's what happened here. Lawyers do it every day, 223 00:14:07,480 --> 00:14:11,400 Speaker 1: you settle cases. She promises not to disclose it to 224 00:14:11,440 --> 00:14:14,760 Speaker 1: your wife, your children, your business associates, and he pays 225 00:14:14,760 --> 00:14:17,280 Speaker 1: her one hundred and thirty thousand dollars. Have you ever 226 00:14:17,320 --> 00:14:20,720 Speaker 1: heard of anybody listing it in the records as payment 227 00:14:20,760 --> 00:14:24,560 Speaker 1: of hush money for adulterous affair with a point star, 228 00:14:24,760 --> 00:14:28,440 Speaker 1: of course not. You're gonna say something like legal fees. Well, 229 00:14:28,480 --> 00:14:31,000 Speaker 1: it was in some respect to legal fee, that is, 230 00:14:31,000 --> 00:14:33,880 Speaker 1: it was in payment for the settling of a case. 231 00:14:33,960 --> 00:14:38,320 Speaker 1: But nobody has ever been prosecuted for trying to hide 232 00:14:38,320 --> 00:14:41,479 Speaker 1: the fact that he paid hush money to a prosecute. 233 00:14:41,640 --> 00:14:44,600 Speaker 1: And then you try to say that the reason he 234 00:14:44,640 --> 00:14:48,760 Speaker 1: did it was only in order to cover up a 235 00:14:48,840 --> 00:14:51,480 Speaker 1: federal crime. That's the last thing that would have occurred 236 00:14:51,520 --> 00:14:54,880 Speaker 1: to him that he'd ever be charged with a crime, 237 00:14:54,960 --> 00:14:59,080 Speaker 1: a federal crime of campaign contributions. Obviously, the reason that 238 00:14:59,160 --> 00:15:02,520 Speaker 1: he listed it not as a hush money payment was 239 00:15:02,560 --> 00:15:05,280 Speaker 1: to prevent the public from knowing it, prevent his wife, 240 00:15:05,320 --> 00:15:08,240 Speaker 1: prevented a new York Post from running the story. Then 241 00:15:08,400 --> 00:15:09,880 Speaker 1: you have to get to the point where it was 242 00:15:09,920 --> 00:15:14,640 Speaker 1: a campaign contribution. And of course part of his mind 243 00:15:15,080 --> 00:15:17,080 Speaker 1: may have been on the campaign, but that's not enough 244 00:15:17,120 --> 00:15:20,720 Speaker 1: for a criminal TRUSTe. This is the worst abuse of 245 00:15:20,840 --> 00:15:24,400 Speaker 1: prosecutorial discretion that I have seen in my sixty years 246 00:15:24,480 --> 00:15:28,880 Speaker 1: of practicing criminal law. Sixty years of practicing criminal law. 247 00:15:28,920 --> 00:15:32,920 Speaker 1: And this is Alan Dershowitch again a Democrat, who is 248 00:15:32,960 --> 00:15:36,320 Speaker 1: saying this is the worst he has ever seen it. 249 00:15:37,240 --> 00:15:39,840 Speaker 1: These people will do anything to get Trump. He says, 250 00:15:40,120 --> 00:15:43,400 Speaker 1: they don't care about the constitution, that is the Democratic Party. 251 00:15:44,200 --> 00:15:46,840 Speaker 1: They think that Trump's reelection would be like the election 252 00:15:46,880 --> 00:15:49,360 Speaker 1: of Adolph Hitler in nineteen thirty two, and they're prepared 253 00:15:49,400 --> 00:15:52,240 Speaker 1: to do anything short of assassination. Alan dersha Which said 254 00:15:53,040 --> 00:15:57,800 Speaker 1: they're prepared to stretch the law. It's the worst prosecutor 255 00:15:57,880 --> 00:16:00,960 Speaker 1: misconduct he's seen in his lifetime, all because they want 256 00:16:00,960 --> 00:16:05,760 Speaker 1: to get Donald Trump. Now, this is the big distraction 257 00:16:06,600 --> 00:16:11,560 Speaker 1: from Joe Biden's failures. Donald Trump, all of this this 258 00:16:11,640 --> 00:16:16,800 Speaker 1: is what Joe Biden needs. And every time bad news 259 00:16:16,840 --> 00:16:21,400 Speaker 1: concerning Joe Biden and his administration comes up, moves are 260 00:16:21,440 --> 00:16:25,840 Speaker 1: being made clearly to distract the American public. The pending 261 00:16:25,880 --> 00:16:30,040 Speaker 1: indictment of a former president, Donald Trump is no exception 262 00:16:30,120 --> 00:16:34,440 Speaker 1: to this. The reality is we have a media in 263 00:16:34,480 --> 00:16:37,040 Speaker 1: this country, in DC, in New York, in LA, all 264 00:16:37,040 --> 00:16:40,360 Speaker 1: over the country that literally loves to distract you from 265 00:16:40,400 --> 00:16:45,680 Speaker 1: what's happening with the failures of the Biden administration. You 266 00:16:45,800 --> 00:16:51,000 Speaker 1: have eleven new business deals we found out about with 267 00:16:51,120 --> 00:16:54,640 Speaker 1: a Biden crime family in the Chinese Communist Party. We 268 00:16:54,800 --> 00:16:58,360 Speaker 1: have over a million dollars now that we know has 269 00:16:58,400 --> 00:17:02,320 Speaker 1: gone to the Biden crime and new members of the 270 00:17:02,360 --> 00:17:07,400 Speaker 1: Biden family that are on the take financially with this money. 271 00:17:07,480 --> 00:17:09,760 Speaker 1: This is all new news. This isn't old. This is 272 00:17:09,880 --> 00:17:15,640 Speaker 1: new okay, this is new intel, new information. They need 273 00:17:15,680 --> 00:17:20,080 Speaker 1: a distraction. You can't get a better distraction than arresting 274 00:17:20,080 --> 00:17:23,359 Speaker 1: a former president of the United States of America. You 275 00:17:23,480 --> 00:17:27,359 Speaker 1: also have another distraction, that's the banking scandal, which has 276 00:17:27,440 --> 00:17:33,080 Speaker 1: just completely disappeared. How did this bank that and I 277 00:17:33,160 --> 00:17:35,360 Speaker 1: played for you a moment ago the Treasury Secretary talking 278 00:17:35,359 --> 00:17:38,600 Speaker 1: about more bailouts. How did a bank Silicon Valley Bank 279 00:17:39,359 --> 00:17:43,160 Speaker 1: get away with being upside down? Their deposits were only 280 00:17:43,160 --> 00:17:46,120 Speaker 1: ten percent their deposits were actually covered by the FDIC, 281 00:17:46,280 --> 00:17:48,200 Speaker 1: and they say a healthy number for a bank is 282 00:17:48,240 --> 00:17:53,280 Speaker 1: fifty plus percent of deposits. Other banks, just to put 283 00:17:53,280 --> 00:17:56,280 Speaker 1: in perspective, like JP Morgan Chase are above fifty percent. 284 00:17:56,520 --> 00:17:59,720 Speaker 1: Silicon Valley Bank, the FDC was covering less than ten 285 00:17:59,760 --> 00:18:02,960 Speaker 1: percent sent of their deposits. This was a bank that 286 00:18:03,040 --> 00:18:06,320 Speaker 1: was extremely vulnerable, and the people that were supposed to 287 00:18:06,400 --> 00:18:10,280 Speaker 1: be watching the banks clearly look the other way because 288 00:18:10,480 --> 00:18:16,280 Speaker 1: this bank was a liberal bank. This bank was a 289 00:18:16,359 --> 00:18:20,040 Speaker 1: bank that they were okay with doing whatever the hell 290 00:18:20,080 --> 00:18:23,480 Speaker 1: they wanted to do, because this bank was giving millions 291 00:18:23,480 --> 00:18:28,040 Speaker 1: and millions and millions and millions of dollars to liberal 292 00:18:28,080 --> 00:18:32,400 Speaker 1: and woke causes. We also had something else, a big 293 00:18:32,440 --> 00:18:37,040 Speaker 1: news story that the media has completely not touched today, 294 00:18:37,640 --> 00:18:43,240 Speaker 1: and that big news story also deals with the financial industry. 295 00:18:43,840 --> 00:18:46,160 Speaker 1: The President of the United States of America. And usually 296 00:18:46,160 --> 00:18:49,320 Speaker 1: when a president has this first veto, it's a big 297 00:18:49,400 --> 00:18:53,080 Speaker 1: news story. It's a big deal. The President just used 298 00:18:53,119 --> 00:18:59,320 Speaker 1: his very first, very first veto and it was a 299 00:18:59,440 --> 00:19:03,800 Speaker 1: veto that should have never happened. It was a veto 300 00:19:04,640 --> 00:19:10,160 Speaker 1: that should shock people. What was the veto about? The 301 00:19:10,160 --> 00:19:13,600 Speaker 1: President said that fund managers who are in charge of 302 00:19:13,640 --> 00:19:17,640 Speaker 1: your retirement, your four oh one k, your pensions, can 303 00:19:17,760 --> 00:19:22,680 Speaker 1: actually purposely make bad investments on your behalf in your 304 00:19:22,720 --> 00:19:26,920 Speaker 1: portfolio that you're a part of if it is in 305 00:19:27,160 --> 00:19:30,800 Speaker 1: green and alternative energy trying to save the world from 306 00:19:30,840 --> 00:19:38,119 Speaker 1: global warming Center Mansion has slammed Joe Biden for vetoing 307 00:19:38,200 --> 00:19:41,600 Speaker 1: this anti ESG bill. Now, I'll explain this to you 308 00:19:41,640 --> 00:19:44,600 Speaker 1: the best way that I can. This is a radical 309 00:19:44,760 --> 00:19:49,840 Speaker 1: policy agenda that they've decided to put in ahead of 310 00:19:50,080 --> 00:19:54,440 Speaker 1: getting you, as a hard working American, the best financial 311 00:19:54,480 --> 00:19:58,200 Speaker 1: returns that you can get so that you can retire. 312 00:19:58,960 --> 00:20:01,800 Speaker 1: This administration and as Joe Manchin put it, continues to 313 00:20:01,880 --> 00:20:06,000 Speaker 1: prioritize their radical policy agenda over the economic, energy, and 314 00:20:06,080 --> 00:20:09,879 Speaker 1: national security needs of our country. And it's absolutely infuriating, 315 00:20:10,280 --> 00:20:13,639 Speaker 1: is what Mansion said. Now, Mansion, who is a Democrat, 316 00:20:14,400 --> 00:20:17,239 Speaker 1: is referring to Biden issuing his very first veto that 317 00:20:17,320 --> 00:20:22,480 Speaker 1: no one's covering to reject a bipartisan bill HR thirty 318 00:20:22,520 --> 00:20:26,480 Speaker 1: that would nullify his Labor Department rule that would allow 319 00:20:26,680 --> 00:20:31,919 Speaker 1: left wing environmental, social and government governance policies known as 320 00:20:32,680 --> 00:20:38,560 Speaker 1: ESG to be considered in retirement investing in other words, 321 00:20:38,760 --> 00:20:42,720 Speaker 1: You open up an investing account, you work hard, and 322 00:20:42,920 --> 00:20:45,480 Speaker 1: you save your money, and the people that are in 323 00:20:45,800 --> 00:20:51,960 Speaker 1: charge of managing that money can actually go woke with 324 00:20:52,040 --> 00:20:54,360 Speaker 1: that money, which they know is not going to give 325 00:20:54,400 --> 00:20:58,040 Speaker 1: the returns that are needed for you. While we're in 326 00:20:58,160 --> 00:21:01,160 Speaker 1: a once in a generation that we've had to deal with, 327 00:21:01,680 --> 00:21:04,800 Speaker 1: while we're having to pay bills amid record inflation, while 328 00:21:04,880 --> 00:21:08,760 Speaker 1: Wall Street suffering, and while interest rates have more than doubled, 329 00:21:09,119 --> 00:21:11,720 Speaker 1: and while we are facing the largest land war in 330 00:21:11,760 --> 00:21:16,439 Speaker 1: Europe since World War Two, and this administration is unrelenting. 331 00:21:17,000 --> 00:21:20,800 Speaker 1: They want to advance a radical social environmental agenda and 332 00:21:21,000 --> 00:21:25,600 Speaker 1: exacerbate these challenges by now saying that it is totally 333 00:21:25,880 --> 00:21:32,560 Speaker 1: fine for these money managers to basically take your dollars 334 00:21:33,200 --> 00:21:37,160 Speaker 1: and reinvest them into global warming initiatives, even if they 335 00:21:37,359 --> 00:21:41,560 Speaker 1: know that it's going to actually hurt your bank account, 336 00:21:41,560 --> 00:21:44,399 Speaker 1: your retirement account. You're four oh one k all right, 337 00:21:44,400 --> 00:21:45,960 Speaker 1: Before I get into that, I want to talk to 338 00:21:46,000 --> 00:21:48,639 Speaker 1: you real quick about our friends over at Patriot Mobile. 339 00:21:48,880 --> 00:21:52,600 Speaker 1: They are now offering a performance guarantee. If you're not 340 00:21:52,720 --> 00:21:55,320 Speaker 1: happy with your coverage, you can switch between the three 341 00:21:55,359 --> 00:22:00,200 Speaker 1: major carriers for free. Yeah, Patriot Mobile is America's ownly 342 00:22:00,280 --> 00:22:04,879 Speaker 1: Christian conservative wireless provider. They are for nationwide coverage on 343 00:22:04,920 --> 00:22:07,200 Speaker 1: the best G four and G five networks, the same 344 00:22:07,240 --> 00:22:10,760 Speaker 1: at network and towers you're using right now. 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Call them right now, or go online 354 00:22:41,520 --> 00:22:46,040 Speaker 1: to Patriotmobile dot com slash ferguson. That's Patriotmobile dot com 355 00:22:46,040 --> 00:22:49,600 Speaker 1: slash ferguson. Or call them eight seven eighth Patriot. You're 356 00:22:49,600 --> 00:22:53,520 Speaker 1: gonna get free activation with the offer code ferguson. That's 357 00:22:53,560 --> 00:22:58,439 Speaker 1: eight seven eight Patriot or Patriotmobile dot com slash ferguson. Now, 358 00:22:58,760 --> 00:23:02,000 Speaker 1: this veto is giving the green light from the Biden 359 00:23:02,040 --> 00:23:06,440 Speaker 1: administration and the Labor Department to enable these activists. Woke 360 00:23:06,800 --> 00:23:12,560 Speaker 1: financial managers, fund managers Okay, pension fund managers to wait 361 00:23:12,760 --> 00:23:18,639 Speaker 1: climate change and prioritize that over your financial investment. So 362 00:23:18,680 --> 00:23:22,280 Speaker 1: when you're selecting a retirement investments, you think they're going 363 00:23:22,320 --> 00:23:25,560 Speaker 1: to try to actually make sure you retire with money. No, no, no, 364 00:23:25,600 --> 00:23:30,120 Speaker 1: not anymore. They don't have to exercise shareholder rights and 365 00:23:30,280 --> 00:23:33,439 Speaker 1: protect your dollars. No. They now have been given the 366 00:23:33,480 --> 00:23:36,240 Speaker 1: green light to go out there and to take your 367 00:23:36,240 --> 00:23:38,639 Speaker 1: money and to put it into things like Cylinder. Remember 368 00:23:38,680 --> 00:23:42,639 Speaker 1: when your taxpayers went to Cylindra and that multibillion dollar 369 00:23:42,720 --> 00:23:45,439 Speaker 1: government back loans that went into Cylinder that failed and 370 00:23:45,480 --> 00:23:48,080 Speaker 1: all the other green woke alternative energy comings. Well, your 371 00:23:48,080 --> 00:23:50,440 Speaker 1: money now can actually be put into that. So let's 372 00:23:50,480 --> 00:23:53,159 Speaker 1: say you have a state pension. You're in a liberal state, 373 00:23:53,600 --> 00:23:56,199 Speaker 1: and those people in charge of that pension plan for 374 00:23:56,320 --> 00:24:01,119 Speaker 1: your state where you worked and met major requirements to 375 00:24:01,119 --> 00:24:04,159 Speaker 1: get in that pension, can now take those hundreds of 376 00:24:04,200 --> 00:24:07,439 Speaker 1: millions or billions of dollars and go out there and 377 00:24:07,480 --> 00:24:10,040 Speaker 1: say we want to get into green alternative energy. We 378 00:24:10,200 --> 00:24:16,200 Speaker 1: want to invest and prioritize a ESG agenda, and if 379 00:24:16,240 --> 00:24:19,200 Speaker 1: we lose a lot of money while doing it, we 380 00:24:19,240 --> 00:24:22,280 Speaker 1: will not be held accountable for it. I want you 381 00:24:22,320 --> 00:24:29,359 Speaker 1: to listen to another Republican who's running for office. This 382 00:24:29,480 --> 00:24:31,280 Speaker 1: is a guy who's a tech guy. He appeared on 383 00:24:31,359 --> 00:24:35,480 Speaker 1: CNBC on the show Last Call to discuss Biden's veto 384 00:24:35,520 --> 00:24:39,760 Speaker 1: of this anti EESG bill. There's also another guest you're 385 00:24:39,760 --> 00:24:42,199 Speaker 1: gonna hear who's actually part of the woke agenda, who 386 00:24:42,280 --> 00:24:45,560 Speaker 1: ranks companies on how woke they are for investors, so 387 00:24:45,640 --> 00:24:49,840 Speaker 1: that you can, you know, invest and woke companies. And 388 00:24:49,920 --> 00:24:52,320 Speaker 1: now you can do this knowing that that company is 389 00:24:52,359 --> 00:24:54,160 Speaker 1: not going to give you the return and no one 390 00:24:54,240 --> 00:24:57,520 Speaker 1: can stop you. These fund managers because the Biden administration 391 00:24:57,520 --> 00:25:00,960 Speaker 1: has sanctioned this, allowed them to stop a fiduciary for 392 00:25:01,080 --> 00:25:04,320 Speaker 1: your dollars. Instead go out there and invest your dollars. 393 00:25:04,320 --> 00:25:07,159 Speaker 1: And awoke agenda, listen carefully. This hot button issue is 394 00:25:07,160 --> 00:25:08,960 Speaker 1: the man leading the charge against the s G, and 395 00:25:09,000 --> 00:25:11,840 Speaker 1: that is Vivek Ramaswamy, founders Drive Asset Management and a 396 00:25:11,880 --> 00:25:15,840 Speaker 1: Republican presidential candidate, and Martin Whittaker, the founder of Just Capital, 397 00:25:15,960 --> 00:25:20,000 Speaker 1: organization that ranks companies by how just they are. Vivek, 398 00:25:20,080 --> 00:25:23,200 Speaker 1: I'll start with you. Listen. It is complicated. It's sort 399 00:25:23,200 --> 00:25:26,880 Speaker 1: of flipped upside down. But respectfully to the White House, 400 00:25:26,920 --> 00:25:28,800 Speaker 1: do you feel like in any way this veto or 401 00:25:28,880 --> 00:25:31,879 Speaker 1: leaving it on or off, has anything to do with 402 00:25:32,040 --> 00:25:36,680 Speaker 1: protecting people's retirement savings. It does not. It has absolutely everything. 403 00:25:36,720 --> 00:25:38,400 Speaker 1: I'm trying to connect the dots that I can't figure 404 00:25:38,400 --> 00:25:40,479 Speaker 1: it out. Well, let me help you with that. So 405 00:25:40,560 --> 00:25:43,360 Speaker 1: here's the history on the rule, just giving some facts here. 406 00:25:43,720 --> 00:25:46,520 Speaker 1: They first, the Department of Labor under Biden proposed this 407 00:25:46,640 --> 00:25:48,879 Speaker 1: rule last summer, and at first they were nervous about 408 00:25:48,880 --> 00:25:51,639 Speaker 1: this because this is really mixing business with politics. This 409 00:25:51,800 --> 00:25:54,960 Speaker 1: is saying we can use retirement funds to advance agendas 410 00:25:55,000 --> 00:25:57,280 Speaker 1: like fighting climate change. They were nervous about it. So 411 00:25:57,320 --> 00:26:00,000 Speaker 1: at first, in their draft rule they had a disclosure 412 00:26:00,119 --> 00:26:02,920 Speaker 1: requirement saying that you had to say this to retirees. 413 00:26:03,200 --> 00:26:05,119 Speaker 1: But guess what, they got bolder over the course of 414 00:26:05,200 --> 00:26:07,080 Speaker 1: last year. So by the end of the year, when 415 00:26:07,080 --> 00:26:09,720 Speaker 1: the final Department of Labor rule passed, they dropped the 416 00:26:09,760 --> 00:26:12,679 Speaker 1: disclosure requirement. And the reason why is they said that 417 00:26:12,760 --> 00:26:16,520 Speaker 1: disclosing this to retirees would actually have a chilling effect, 418 00:26:16,720 --> 00:26:20,160 Speaker 1: that's their words, chilling effect on the use of ESG factors. 419 00:26:20,400 --> 00:26:22,280 Speaker 1: What does that tell you. It tells you that they 420 00:26:22,359 --> 00:26:26,520 Speaker 1: know that most retirees don't want to advance social agendas 421 00:26:26,560 --> 00:26:30,080 Speaker 1: with their money, but they want to effectively hide that 422 00:26:30,200 --> 00:26:33,040 Speaker 1: from those retirees so they can do it anyway. So 423 00:26:33,080 --> 00:26:37,240 Speaker 1: I'm glad there was bipartisan consensus. That's important. Both Democrats 424 00:26:37,240 --> 00:26:41,600 Speaker 1: and Republicans voted for a bill to negate this disastrous 425 00:26:41,640 --> 00:26:45,320 Speaker 1: action from the Department of Labor, and nonetheless Biden still 426 00:26:45,400 --> 00:26:48,159 Speaker 1: vetoed it as his first veto, which tells you that 427 00:26:48,280 --> 00:26:50,600 Speaker 1: this myth that ESG is really just about the free 428 00:26:50,640 --> 00:26:53,640 Speaker 1: market is a lie. It's actually not the invisible hand 429 00:26:53,640 --> 00:26:56,320 Speaker 1: of the free market. It's the invisible fist of government, 430 00:26:56,400 --> 00:26:59,760 Speaker 1: Biden's invisible fist. That's what happened here. I love the 431 00:26:59,760 --> 00:27:02,080 Speaker 1: way they described this, by the way, from a true 432 00:27:02,200 --> 00:27:04,920 Speaker 1: monetary perspective, and that's a guy, by the way, the 433 00:27:05,000 --> 00:27:07,359 Speaker 1: training for president is a Republican. I'm glad he's running 434 00:27:07,400 --> 00:27:09,199 Speaker 1: because I do think he's going to bring something to 435 00:27:09,240 --> 00:27:11,760 Speaker 1: the debate, and it's going to be talking about our 436 00:27:11,800 --> 00:27:14,320 Speaker 1: finances in this country and how out of whack they are, 437 00:27:14,760 --> 00:27:17,399 Speaker 1: and how we need to have a balanced budget and 438 00:27:17,520 --> 00:27:20,040 Speaker 1: not live the way that we're living. Right now. But 439 00:27:20,160 --> 00:27:22,040 Speaker 1: what Biden has done now is he said, I'm going 440 00:27:22,080 --> 00:27:28,639 Speaker 1: to put everything else above. I'm gonna put my politics 441 00:27:28,680 --> 00:27:33,120 Speaker 1: above your financial well being. And this was a bipartisan bill. 442 00:27:33,359 --> 00:27:36,880 Speaker 1: We don't have many bipartisan bills. And the reason why 443 00:27:36,880 --> 00:27:40,080 Speaker 1: Republicans and Democrats are in favor of this bipartisan bill 444 00:27:40,200 --> 00:27:44,720 Speaker 1: is because they understood how outrageous it is that these 445 00:27:44,760 --> 00:27:48,320 Speaker 1: fund managers can just go rogue with your dollars and 446 00:27:48,480 --> 00:27:54,440 Speaker 1: basically give them to their political ideology, knowing that it's 447 00:27:54,480 --> 00:27:56,679 Speaker 1: going to be either a a risky investment or be 448 00:27:56,920 --> 00:28:01,040 Speaker 1: a bad investment with virtually no returns. That is the 449 00:28:01,200 --> 00:28:04,960 Speaker 1: part that people need to understand. And they've said to 450 00:28:05,000 --> 00:28:07,399 Speaker 1: these fund managers, liberals, do what you want with the 451 00:28:07,440 --> 00:28:10,760 Speaker 1: American people's heart earned dollars, these people's retirement accounts. Do it, 452 00:28:11,280 --> 00:28:15,760 Speaker 1: move forward and go as fast as you can, go 453 00:28:15,840 --> 00:28:18,720 Speaker 1: as fast as you can, and spend as much as 454 00:28:18,720 --> 00:28:23,920 Speaker 1: you want to as long as it is approved ideological 455 00:28:23,960 --> 00:28:27,280 Speaker 1: perspectives in the green alternative energy space that we say, 456 00:28:27,480 --> 00:28:31,679 Speaker 1: do it. And that's what they've done. This is it. 457 00:28:32,760 --> 00:28:35,439 Speaker 1: And your government just sanctioned this or the President just 458 00:28:35,640 --> 00:28:37,600 Speaker 1: vetoed a bill that would have said no to this, 459 00:28:38,040 --> 00:28:42,040 Speaker 1: that was bipartisan. You think the media is covering that. No, 460 00:28:42,720 --> 00:28:46,480 Speaker 1: they're not covering this at all. Now, finally, the last 461 00:28:46,520 --> 00:28:49,120 Speaker 1: thing that was said on CNBC about this, which was 462 00:28:49,200 --> 00:28:55,000 Speaker 1: really funny, as them trying to somehow say all right, 463 00:28:55,040 --> 00:28:57,440 Speaker 1: well let's look at it from another perspective here and 464 00:28:57,680 --> 00:29:02,000 Speaker 1: justify this wokeness in your investments. Listen to how they 465 00:29:02,040 --> 00:29:03,960 Speaker 1: set up their guests and they're like, well, does it 466 00:29:04,080 --> 00:29:07,800 Speaker 1: really matter to people's investments if you know they're baking 467 00:29:07,880 --> 00:29:13,000 Speaker 1: into the investment portfolios these ESG initiatives. Is global warming 468 00:29:13,000 --> 00:29:16,680 Speaker 1: and issues like doesn't really matter. They're normalizing this. Listen, 469 00:29:16,960 --> 00:29:20,320 Speaker 1: I don't know if the rule matters either way, and 470 00:29:20,400 --> 00:29:24,680 Speaker 1: do think it matters to people's retirement savings? Well, Brian, 471 00:29:24,760 --> 00:29:26,560 Speaker 1: thanks for having me on that. Good to see you again. 472 00:29:27,000 --> 00:29:29,800 Speaker 1: I think I look at this through a business in 473 00:29:29,880 --> 00:29:34,560 Speaker 1: a market's lens, not through a political lens. So what 474 00:29:34,560 --> 00:29:38,720 Speaker 1: what what ESG is all about? Is um really just 475 00:29:38,760 --> 00:29:41,600 Speaker 1: trying to get a handle on a suite of environmental 476 00:29:41,640 --> 00:29:45,280 Speaker 1: social governance related risks that may or may not be 477 00:29:45,320 --> 00:29:49,480 Speaker 1: relevant to business and financial performance. And so to do that, well, 478 00:29:49,520 --> 00:29:52,560 Speaker 1: you need information, you need data, and you need information 479 00:29:52,600 --> 00:29:54,960 Speaker 1: that is that has meaning that you can trust, so 480 00:29:55,040 --> 00:29:58,880 Speaker 1: you can have confidence in. And so what this rule 481 00:29:58,960 --> 00:30:02,560 Speaker 1: does is is sites of fiduciaries. If you think these 482 00:30:02,640 --> 00:30:07,160 Speaker 1: masses are relevant to investment decision making, you should consider them. 483 00:30:08,040 --> 00:30:12,240 Speaker 1: That's it. That's it. But again exactly yeah, and so 484 00:30:12,320 --> 00:30:16,240 Speaker 1: you look at that. What can I ask a different question, Martin? 485 00:30:16,440 --> 00:30:19,600 Speaker 1: Why are we fightings? Why is this the stand to 486 00:30:19,640 --> 00:30:22,440 Speaker 1: be made? It don't I mean, I hate to say it. 487 00:30:22,440 --> 00:30:25,240 Speaker 1: It doesn't sound like that big a deal. Either way, 488 00:30:25,440 --> 00:30:27,160 Speaker 1: I love this. It doesn't sound like that big of 489 00:30:27,200 --> 00:30:30,400 Speaker 1: a deal. As long as you don't mind people investing 490 00:30:30,440 --> 00:30:33,080 Speaker 1: your money in these insane ways, that doesn't seem that 491 00:30:33,080 --> 00:30:35,000 Speaker 1: big of a deal. Just disclose it. Whether you after 492 00:30:35,000 --> 00:30:39,000 Speaker 1: you or not doesn't really matter, because they don't mind 493 00:30:39,040 --> 00:30:43,680 Speaker 1: if you lose money in woke ideals that they're demanding 494 00:30:43,720 --> 00:30:45,960 Speaker 1: out of your dollars, And they don't mind that you're 495 00:30:46,000 --> 00:30:50,520 Speaker 1: not being told about these woke ideals and these fund 496 00:30:50,520 --> 00:30:53,800 Speaker 1: managers basically taking your cash and doing whatever the hell 497 00:30:53,840 --> 00:30:57,880 Speaker 1: they want to do with your cash. They don't mind it. 498 00:30:58,640 --> 00:31:01,400 Speaker 1: So when they're all talking about Trump up, just remember this. 499 00:31:02,320 --> 00:31:07,440 Speaker 1: Don't forget hit subscribe auto download the Ben Ferguson Show 500 00:31:07,560 --> 00:31:09,880 Speaker 1: each and every day, and I'll see you back here 501 00:31:09,960 --> 00:31:10,440 Speaker 1: tomorrow