WEBVTT - Biden Throws a Depressing Recession Party

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<v Speaker 1>You're listening to the Buck Sexton Show podcast, make sure

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<v Speaker 1>you subscribe to the podcast on the iHeart Radio app

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<v Speaker 1>or wherever you get your podcasts. Team. Welcome to the

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<v Speaker 1>Freedom Hunt Wednesday, September fourteenth edition of the program. Appreciate

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<v Speaker 1>you being with me. We have the Biden celebration at

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<v Speaker 1>a moment where there should be no celebration of the

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<v Speaker 1>economy at all. Bring you some moments from that just

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<v Speaker 1>yesterday where it was clear that things are not going

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<v Speaker 1>as this White House would like them too. We've also

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<v Speaker 1>got more from the border. They said it was secure.

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<v Speaker 1>Kamala Harris told us specifically among other Democrats that was

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<v Speaker 1>secure earlier in the week. That is certainly not the case.

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<v Speaker 1>And the live action version of The Little Mermaid stars

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<v Speaker 1>a black actress. This is creating a lot of discussion online.

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<v Speaker 1>We will dive into oh, dive into Little Mermaid. Dive

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<v Speaker 1>into that together coming up here in just a moment.

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<v Speaker 1>But due to your love for my pillow products and

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<v Speaker 1>b u c K. Actually, I'm gonna change the line

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<v Speaker 1>up here for a second because you may have seen this.

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<v Speaker 1>They had the FBI go chase down Mike Lindell. Mike's

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<v Speaker 1>been talking about this. Chase down Mike Lindell and take

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<v Speaker 1>his cell phone. And we believe this is part of

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<v Speaker 1>the flurry of subpoenas that have been sent out there.

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<v Speaker 1>The subpoena is sent with regard to either mar Lago

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<v Speaker 1>or January sixth, or both the mor Lago documents. It's

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<v Speaker 1>not clear exactly what the Democrat endgame is here, but

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<v Speaker 1>it is clear what the opening salvo is Man, and

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<v Speaker 1>that's just a it's meant to freak people out. It's

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<v Speaker 1>meant to send a message. It's meant to make you

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<v Speaker 1>really concerned about what happens if you stand with Donald Trump.

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<v Speaker 1>What happens if you are an outspoken conservative who in

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<v Speaker 1>the case of Mike Lindell, who's been a long time

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<v Speaker 1>friend and sponsor of Man, who sponsors a lot of

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<v Speaker 1>great content online, Mike Lindell having a cell phone taken

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<v Speaker 1>from about the FBI at a Hearties. In fact, here

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<v Speaker 1>we have Mike telling you exactly what happened day the FBI.

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<v Speaker 1>You're gonna hear this, and you're probably already hearing in

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<v Speaker 1>the news. The FBI came after me and took my phone.

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<v Speaker 1>They surrounded me at the Hearties and took my phone,

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<v Speaker 1>and I run all my business everything with um. They

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<v Speaker 1>could have just do what we've done, is weaponize the

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<v Speaker 1>FBI is disgusting I don't have a computer. Everything I

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<v Speaker 1>do have that phone. Everything was on there, and and

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<v Speaker 1>they told me not to tell anybody there's in order

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<v Speaker 1>not to don't tell anybody. Okay, I won't. I am

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<v Speaker 1>don't tell anybody. Well, clearly Mike is not gonna take

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<v Speaker 1>that bit of advice. He's not going to listen to

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<v Speaker 1>them on that one. Why would the FBI take Mike's phone?

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<v Speaker 1>First of all, he runs his business, as he said,

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<v Speaker 1>as from his phone. So this is a huge inconvenient

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<v Speaker 1>it's a huge invasion of privacy. What possible justification for

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<v Speaker 1>this could there be? Mike obviously has nothing to do

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<v Speaker 1>with the Mari Lago documents, not that we're aware of.

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<v Speaker 1>I don't think anyone believes Mike get anything to do

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<v Speaker 1>with that. So is this about speaking to the White

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<v Speaker 1>House in the aftermath of the twenty twenty election and

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<v Speaker 1>trying to criminalize what is effectively debate over how the election, well,

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<v Speaker 1>first of all, any irregularities or cheating the election, how

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<v Speaker 1>to find that, what the electors should do in response

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<v Speaker 1>to that, making a legal argument, which even if people

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<v Speaker 1>don't like whatever the electors debate was after the election,

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<v Speaker 1>making a legal argument cannot be made ilegal in this

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<v Speaker 1>country if we want to say that we have a

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<v Speaker 1>free country. Right, if you're going to say the constitution

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<v Speaker 1>protects the following, Okay, maybe it doesn't. Maybe you're wrong,

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<v Speaker 1>and that's what the final disposition maybe, but you got

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<v Speaker 1>to be able to make that case. If you can

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<v Speaker 1>make that case, then how are we in a free

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<v Speaker 1>country If you can't make an argument that you believe

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<v Speaker 1>the laws on your side. I mean, what's next. We've

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<v Speaker 1>got to criminalize defense attorneys. All this person is clearly guilty.

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<v Speaker 1>Look at all the Look at all the stuff being

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<v Speaker 1>said in court that's not true about what happened here.

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<v Speaker 1>We got to throw all the defense attorneys in prison.

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<v Speaker 1>I mean, I know some people are probably a cheering

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<v Speaker 1>sing yes, throw all the defenses. I walked into that one,

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<v Speaker 1>but you know what I mean, it's absurd. But the

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<v Speaker 1>message that is sent here is very clear. The message is,

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<v Speaker 1>at a minimum, you step out of line and we

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<v Speaker 1>will crush you. You step out of line and we

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<v Speaker 1>will be visiting you, taking your phone and maybe making

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<v Speaker 1>you get lawyers. A lot of expense, a lot of anxiety.

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<v Speaker 1>You know, the FBI shown up for the average person

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<v Speaker 1>saying we're taking your stuff. It's gonna make them really uncomfortable. Now,

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<v Speaker 1>Mike is a high profile guy. He's got friends and

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<v Speaker 1>allies like me and so many others on the conservative media.

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<v Speaker 1>You obviously knows former President Trump personally well, so he's

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<v Speaker 1>not just an everyday guy in that sense, although he

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<v Speaker 1>was having dinner at a Hearties. You know, Mike is

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<v Speaker 1>the real deal. You know, he's a real a real

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<v Speaker 1>salt of the earth American's a good man. But you know,

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<v Speaker 1>the fact that they would get away with this, this

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<v Speaker 1>obvious intimidation in the rought up to an election. Keep

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<v Speaker 1>in mind, this is a major sponsor of conservative content,

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<v Speaker 1>like I said, including me, including my shows, and the

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<v Speaker 1>fact that they would do this right before an election

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<v Speaker 1>is clearly infringing upon the free media ecosystem that we

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<v Speaker 1>need here to be able to get the truth out

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<v Speaker 1>and have people make their cases to the public. So

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<v Speaker 1>and then it just reminds me if they're willing to

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<v Speaker 1>go to this length or these lengths, what makes anybody

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<v Speaker 1>think that they're not actually going to they're not actually

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<v Speaker 1>going to prosecute Trump. You know, they're really forcing us,

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<v Speaker 1>They're forcing us to here, They're they're going into a

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<v Speaker 1>position where Trump, if he doesn't get prosecuted, it's essentially

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<v Speaker 1>an admission that all this was political, and all of

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<v Speaker 1>this was you know, nonsense, underhanded gamesmanship from the Libs. Okay,

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<v Speaker 1>that's one part of it. And if they do prosecute him, yes,

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<v Speaker 1>it would be flimsy, it would be the worst kind

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<v Speaker 1>of third world dictator politics. But they're crazy, So I

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<v Speaker 1>can't exclude the possibility, right, I mean, if you're if

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<v Speaker 1>I'm gonna sit around here all the time say the

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<v Speaker 1>Libs are nuts, which I do, how can I then

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<v Speaker 1>turn around and tell you, well, reason will prevail here

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<v Speaker 1>and they won't actually bring some charge um and you know,

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<v Speaker 1>they bring an obstruction charge. For example, Julie Kelly, who

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<v Speaker 1>I've been talking to about this on the radio show,

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<v Speaker 1>she says that that what she thinks they're going to do, obstruction,

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<v Speaker 1>which is interesting because for the lib audience that CNN

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<v Speaker 1>and these other places, they've been trained to think that

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<v Speaker 1>obstruction was what they were going to get Trump on. Remember,

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<v Speaker 1>after the whole Muller probe there was no Russia collusion.

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<v Speaker 1>They admitted that because they couldn't fabricate that evidence. Entirely,

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<v Speaker 1>or rather the Special Council. Couldn't it have been fabricated

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<v Speaker 1>by Democrat media, the Hillary Clinton campaign, all the rest

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<v Speaker 1>of it. But when you look at what was said

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<v Speaker 1>in that Russia collusion investigation, the Special Council, they claimed

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<v Speaker 1>that ten counts of possible obstruction occurred, ten counts of

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<v Speaker 1>possible obstruction. That was the whole big reveal. Oh we're

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<v Speaker 1>gonna get them, and they didn't, because it turns out

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<v Speaker 1>if you have somebody nailed on obstruction, you say which one,

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<v Speaker 1>you don't say, there's ten possible places where maybe we

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<v Speaker 1>could concoct some basis for doing this. That's what we

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<v Speaker 1>saw there. But they were the lib audience was promised

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<v Speaker 1>this Democrats, the Democrat base, the lunatic left. They thought, oh,

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<v Speaker 1>we're going to get him on obstruction, maybe obstruction in

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<v Speaker 1>the documents. Look at what they did to Roger Stone.

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<v Speaker 1>See this is why I have to have to look

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<v Speaker 1>at this from what the facts are and then what

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<v Speaker 1>the lunatic reaction to this all will be. Roger Stone

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<v Speaker 1>didn't do anything. I mean, they said that he lied

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<v Speaker 1>to the Special Counsel about a non event, effectively, about

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<v Speaker 1>something immaterial to anything that matters, and they sent dozens

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<v Speaker 1>of FBI agents to his home, and they tipped CNN

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<v Speaker 1>off so they could film the whole thing to try

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<v Speaker 1>to humiliate him. In that environment, with that FBI, with

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<v Speaker 1>that Democrat deep state Department of Justice, would they maybe

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<v Speaker 1>as a last ditch effort, especially if the midterms go

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<v Speaker 1>heavily Republican, which I'm hopeful that that will happen. Why

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<v Speaker 1>should we believe that won't be the come It's worthwhile asking,

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<v Speaker 1>right that they will decide to prosecute Trump. They will

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<v Speaker 1>decide to throw a wrench into the gears of our

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<v Speaker 1>sacred democracy, as they always say, talking about the border

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<v Speaker 1>here in a second. But you know, these data breaches

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<v Speaker 1>keep coming. Another one's just announced, this one including social

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<v Speaker 1>security numbers that's obviously really sensitive. The olkloholm Is student

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<v Speaker 1>loan Authority announced to breach that affected two point five

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<v Speaker 1>million student borrowers. Breach information include social security numbers, emails,

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<v Speaker 1>phone numbers, and addresses. Now, the thing about these data breaches,

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<v Speaker 1>you don't know when they happen, So you have to

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<v Speaker 1>percent off. Border is a total mess. Interestingly you okay?

0:11:42.137 --> 0:11:44.297
<v Speaker 1>First of all, here is Kamala. I mentioned this Kamala

0:11:44.377 --> 0:11:46.537
<v Speaker 1>back on Monday. I want you to hear this again,

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<v Speaker 1>saying that the border is secure. Play twenty would you

0:11:50.257 --> 0:11:53.737
<v Speaker 1>call the border secure. I think that there is no

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<v Speaker 1>question that we have to do. What the President and

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<v Speaker 1>I asked Congress to do is the first request. We

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<v Speaker 1>may pass a bill to create a pathway to sistum ship.

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<v Speaker 1>The border is secure, but we also have a broken

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<v Speaker 1>immigration system, in particular over the last four years before

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<v Speaker 1>we came in, and it needs to be fixed. We're

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<v Speaker 1>gonna have two nine people across this border for the

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<v Speaker 1>first time ever. You're confident this border secure? We have

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<v Speaker 1>a secure border. Just repeats it. We have a secure border.

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<v Speaker 1>No one believes that. And there are some photos now

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<v Speaker 1>circulating on the daily mail of these campsites that are

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<v Speaker 1>popping up all over El Paso of legal migrants who

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<v Speaker 1>are showing up. They get into this country and they're

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<v Speaker 1>now living on the streets. In New York City, you

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<v Speaker 1>have illegal migrants that are being bussed there from Texas

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<v Speaker 1>who are now being put up in hotels at taxpayer expense.

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<v Speaker 1>That's also happening, and we're being told that the shelters

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<v Speaker 1>are overwhelmed, so New York is now sending some migrants,

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<v Speaker 1>so all this headline today to Florida. So they're moving

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<v Speaker 1>the migrants around because there's so many of them. It's

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<v Speaker 1>obviously a major factor in the resources that these cities

0:13:13.897 --> 0:13:18.297
<v Speaker 1>have to deal with these kinds of issues, deal with

0:13:18.297 --> 0:13:22.977
<v Speaker 1>these kinds of challenges that come about when you have

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<v Speaker 1>people that arrive in a country you have no legal status,

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<v Speaker 1>maybe don't speak the language. So that's a major consideration

0:13:30.777 --> 0:13:33.297
<v Speaker 1>right now for places like New York, DC, in Chicago.

0:13:34.297 --> 0:13:36.897
<v Speaker 1>But I thought that illegal immigration, it just makes everything better,

0:13:37.017 --> 0:13:39.217
<v Speaker 1>Everything works so much better when you have more and

0:13:39.257 --> 0:13:42.857
<v Speaker 1>more illegal migrants in the country. Well, it turns out

0:13:42.937 --> 0:13:46.577
<v Speaker 1>that is not really what we are seeing here. And

0:13:46.777 --> 0:13:48.977
<v Speaker 1>it also is the case that as the American people

0:13:48.977 --> 0:13:51.977
<v Speaker 1>will focus in more on how five million people have

0:13:52.017 --> 0:13:54.177
<v Speaker 1>come into the country illegally over the last two years.

0:13:54.817 --> 0:13:58.097
<v Speaker 1>Why is that illegality not an issue at all for

0:13:58.137 --> 0:14:00.897
<v Speaker 1>the federal government. But you know they wanted to force

0:14:00.977 --> 0:14:03.137
<v Speaker 1>you to get a shot, or that you should get

0:14:03.137 --> 0:14:05.977
<v Speaker 1>fired from your job. Basically, you know they want to

0:14:06.017 --> 0:14:07.857
<v Speaker 1>raise your taxes. That you don't pay your taxes, you

0:14:07.857 --> 0:14:09.937
<v Speaker 1>go to jail. Any one of you listening this right now,

0:14:10.137 --> 0:14:12.857
<v Speaker 1>Your taxes mean nothing to the treasury as an individual,

0:14:13.017 --> 0:14:15.777
<v Speaker 1>makes no difference whatsoever. But if you don't pay your taxes,

0:14:15.777 --> 0:14:19.217
<v Speaker 1>what happens you go to prison. Why it's the law,

0:14:19.537 --> 0:14:23.777
<v Speaker 1>That's what they'll say, right, Okay, So then why are

0:14:23.817 --> 0:14:26.257
<v Speaker 1>people able to come to the country in violation of

0:14:26.297 --> 0:14:28.617
<v Speaker 1>federal law and stay here in violation of federal law

0:14:28.657 --> 0:14:30.497
<v Speaker 1>and break a whole host of other laws, you know,

0:14:30.937 --> 0:14:34.657
<v Speaker 1>document fraud things like that when they're in the country

0:14:34.817 --> 0:14:38.737
<v Speaker 1>because they're here illegally, because they're a protected class. That's

0:14:38.857 --> 0:14:40.777
<v Speaker 1>really the Democrats don't want to say that, but that

0:14:40.897 --> 0:14:44.017
<v Speaker 1>is the truth of the matter. Oh, I mentioned, and

0:14:44.057 --> 0:14:46.657
<v Speaker 1>I wanted to get to it. The aftermath of the

0:14:46.697 --> 0:14:50.897
<v Speaker 1>Biden party yesterday, you know, the big victory dents they

0:14:50.897 --> 0:14:55.497
<v Speaker 1>were doing outside the White House. People were really having

0:14:55.537 --> 0:14:57.497
<v Speaker 1>a tough time with this when the stock market got

0:14:57.777 --> 0:15:04.617
<v Speaker 1>clawbered yesterday, absolutely clawbered. And here, for example, over at CNN,

0:15:04.657 --> 0:15:07.417
<v Speaker 1>which is regime media. But they're a little more cautious

0:15:07.457 --> 0:15:09.657
<v Speaker 1>these days than they used to be because they realize

0:15:09.697 --> 0:15:16.337
<v Speaker 1>that people aren't buying the anti Trump left wing Oh

0:15:16.377 --> 0:15:19.177
<v Speaker 1>but we're still a news organization. They're not buying that,

0:15:20.257 --> 0:15:23.057
<v Speaker 1>So they're having to go more toward a centrist point

0:15:23.057 --> 0:15:26.337
<v Speaker 1>of view. Here is or just objective I should say

0:15:26.337 --> 0:15:28.697
<v Speaker 1>point of view. Here is a CNN cutting away from

0:15:28.697 --> 0:15:31.617
<v Speaker 1>the Biden ceremony yesterday as it was happening, because it

0:15:31.697 --> 0:15:33.377
<v Speaker 1>was just too much to take. So I think the

0:15:33.417 --> 0:15:36.937
<v Speaker 1>Republicans who stood up. Okay, you're listening there to President

0:15:36.937 --> 0:15:39.817
<v Speaker 1>Biden at the White House. He's celebrating the passage of

0:15:39.857 --> 0:15:42.377
<v Speaker 1>the Inflation Reduction Act. He says that he's been fighting

0:15:42.377 --> 0:15:45.377
<v Speaker 1>big Pharma for decades. But there is this unfortunate split

0:15:45.457 --> 0:15:48.297
<v Speaker 1>screen right now with the Dow taking a total beating

0:15:48.417 --> 0:15:52.177
<v Speaker 1>down more than twelve hundred points, and so it feels

0:15:52.257 --> 0:15:54.977
<v Speaker 1>like it's hard to be celebratory for some people in

0:15:54.977 --> 0:15:56.777
<v Speaker 1>the crowd. Yeah, this is the day on which the

0:15:56.777 --> 0:16:00.017
<v Speaker 1>White House celebrates the Inflation Reduction Act when we get

0:16:00.017 --> 0:16:03.697
<v Speaker 1>a new report that shows that inflation is still especially high,

0:16:03.777 --> 0:16:06.537
<v Speaker 1>and what we're seeing on Wall Street is a reaction

0:16:06.617 --> 0:16:10.417
<v Speaker 1>to that, anticipating what's coming from the Fed, theia that

0:16:10.457 --> 0:16:14.017
<v Speaker 1>will come on, whether to increase or likely they will increase,

0:16:14.057 --> 0:16:17.777
<v Speaker 1>but by how much the interest rates. There's gonna be

0:16:17.777 --> 0:16:21.217
<v Speaker 1>a big interest rate increase coming next week, probably maybe

0:16:21.217 --> 0:16:23.897
<v Speaker 1>a full point. It's gonna have a huge impact on

0:16:24.337 --> 0:16:28.137
<v Speaker 1>the market, on finances, on everything else. And so while

0:16:28.137 --> 0:16:32.297
<v Speaker 1>the Biden administration for political reasons, because we're going into elections,

0:16:32.337 --> 0:16:34.417
<v Speaker 1>trying to do the whole h Look, all great things

0:16:34.457 --> 0:16:37.737
<v Speaker 1>are here, all right, I'm we're I'm a big aviator.

0:16:37.857 --> 0:16:40.617
<v Speaker 1>She can't see my face, and my eyes look a

0:16:40.657 --> 0:16:44.337
<v Speaker 1>little vacant behind the glasses, but you can't see. Not

0:16:44.377 --> 0:16:46.937
<v Speaker 1>a joke. Not a joke. Actually, do we have Biden

0:16:46.977 --> 0:16:50.697
<v Speaker 1>saying the United States of Schmamerica or whatever he was

0:16:50.737 --> 0:16:52.817
<v Speaker 1>that he said? This was I think this was actually

0:16:52.817 --> 0:16:55.737
<v Speaker 1>from last week. But this is the person they want

0:16:55.737 --> 0:16:57.657
<v Speaker 1>in charge of the nuclear codes. The person they want

0:16:57.737 --> 0:16:59.817
<v Speaker 1>is the commander chief United States Military. Here he is.

0:16:59.977 --> 0:17:03.737
<v Speaker 1>This is the United States Kamara, for God's sake, United

0:17:03.777 --> 0:17:10.137
<v Speaker 1>States ship kamarre Ah. You know, get off my on.

0:17:10.417 --> 0:17:13.497
<v Speaker 1>Biden's yelling at all the kids across Samerica. It's pretty crazy.

0:17:13.577 --> 0:17:17.537
<v Speaker 1>But this is the guy who they have put in charge.

0:17:17.657 --> 0:17:19.817
<v Speaker 1>This is the guy that we're supposed to listen to,

0:17:19.857 --> 0:17:22.097
<v Speaker 1>you know, the steady hand on the economy and national

0:17:22.097 --> 0:17:25.417
<v Speaker 1>security and all the rest of it. So c Ann cutaway.

0:17:25.457 --> 0:17:28.297
<v Speaker 1>This was even better Neil Cavudo yesterday on Fox during

0:17:28.297 --> 0:17:32.257
<v Speaker 1>this celebration. You know, Cavudo is a very even temperate,

0:17:32.657 --> 0:17:38.377
<v Speaker 1>fair minded guy, and during this broadcast, this is he

0:17:38.417 --> 0:17:39.937
<v Speaker 1>just feels need to jump in. He's just like, this

0:17:40.017 --> 0:17:43.137
<v Speaker 1>is just this Biden Celebration's crazy town. Watch big farmer

0:17:43.217 --> 0:17:48.257
<v Speaker 1>block Medicare from negotiating lower drug pices. All right, I

0:17:48.337 --> 0:17:50.137
<v Speaker 1>do not want to be a party crasher, but we

0:17:50.297 --> 0:17:53.737
<v Speaker 1>interrupt this celebration for a hard, cold dose of reality.

0:17:54.097 --> 0:17:59.017
<v Speaker 1>Stocks tanking because inflation is accelerating, the very inflation that

0:17:59.097 --> 0:18:03.217
<v Speaker 1>the President says he's made great progress addressing Fox on

0:18:03.297 --> 0:18:05.537
<v Speaker 1>top of a sell off the likes of which we've

0:18:05.577 --> 0:18:09.057
<v Speaker 1>not seen in quite some time. In percentage terms, the

0:18:09.177 --> 0:18:11.817
<v Speaker 1>roughly four percent hid in the Dow is the worst

0:18:11.857 --> 0:18:15.137
<v Speaker 1>we've seen in two years. Ditto the SMP five hundred

0:18:15.337 --> 0:18:18.897
<v Speaker 1>and again the NASDAC all hit and hit hard because

0:18:18.937 --> 0:18:24.257
<v Speaker 1>inflation remains stuck and no one can get it under control.

0:18:25.137 --> 0:18:31.457
<v Speaker 1>Inflation remains stuck. Yeah, it's gonna get worse too, or

0:18:31.537 --> 0:18:34.977
<v Speaker 1>rather it goes on and it's worse every month because

0:18:35.377 --> 0:18:38.297
<v Speaker 1>the effect on prices will continue, the price of food

0:18:38.337 --> 0:18:40.657
<v Speaker 1>still going up, the price of rent, the price of

0:18:40.657 --> 0:18:44.577
<v Speaker 1>housing going up. And what does anyone think happens when

0:18:44.697 --> 0:18:49.977
<v Speaker 1>they increase the rate? The FED rate, which is I'm

0:18:49.977 --> 0:18:54.337
<v Speaker 1>gonna guess gonna go up by point seventy five. It

0:18:54.417 --> 0:18:56.177
<v Speaker 1>may go up by it may go up by a

0:18:56.217 --> 0:19:00.497
<v Speaker 1>full point next week. That could happen. Here is former

0:19:00.537 --> 0:19:04.417
<v Speaker 1>Obama administration economist Steve Rattner who's saying, look, it's more

0:19:04.457 --> 0:19:07.257
<v Speaker 1>economic pain ahead. Meaning basically, he's telling everybody, look, we're

0:19:07.257 --> 0:19:12.177
<v Speaker 1>going into while while Biden's throwing a inflation deflation whatever

0:19:12.297 --> 0:19:16.217
<v Speaker 1>victory party, anti inflation victory party for a bill that

0:19:16.737 --> 0:19:18.977
<v Speaker 1>if anything makes inflation worse, the whole thing is so

0:19:19.137 --> 0:19:22.617
<v Speaker 1>crazy town. A former Obama guy, who's a smart guy,

0:19:22.937 --> 0:19:27.617
<v Speaker 1>Obama administration official, Ratner is saying, look, the pain is coming.

0:19:27.657 --> 0:19:30.657
<v Speaker 1>We're heading into an inflate in a recession. How long

0:19:30.737 --> 0:19:33.537
<v Speaker 1>with these rate heights, Steve, will it take to see

0:19:33.697 --> 0:19:37.137
<v Speaker 1>inflation come down using this blunt instrument, this tool of

0:19:37.337 --> 0:19:39.617
<v Speaker 1>raising rates to bring it down? Is that a short

0:19:39.697 --> 0:19:41.297
<v Speaker 1>term goal or is that something that takes a lot

0:19:41.337 --> 0:19:44.177
<v Speaker 1>of time. That's exactly the right question, Willie. And what

0:19:44.417 --> 0:19:47.897
<v Speaker 1>yesterday's numbers did was it increased the probability of there

0:19:47.897 --> 0:19:50.017
<v Speaker 1>being what we call we're calling a hard landing that

0:19:50.057 --> 0:19:52.257
<v Speaker 1>there's going to have to be a recession here to

0:19:52.257 --> 0:19:55.617
<v Speaker 1>get inflation down anywhere near the fence two percent target,

0:19:56.017 --> 0:19:58.017
<v Speaker 1>and so we're going to have to see what comes

0:19:58.017 --> 0:20:01.057
<v Speaker 1>of it, but it's certainly not going to happen in

0:20:01.097 --> 0:20:03.457
<v Speaker 1>the near term. There's only one more report before the

0:20:03.537 --> 0:20:07.017
<v Speaker 1>midterm elections, and we're looking at a much longer process

0:20:07.017 --> 0:20:08.977
<v Speaker 1>than that, and the question is going to be how

0:20:09.017 --> 0:20:13.937
<v Speaker 1>consumers react of these numbers, well economic themthetically, it's not

0:20:13.977 --> 0:20:17.417
<v Speaker 1>going to be good. The short version of the version

0:20:17.457 --> 0:20:19.417
<v Speaker 1>of this is that it's it's not going to go well.

0:20:20.217 --> 0:20:23.097
<v Speaker 1>We are heading into a recession, and the recession in

0:20:23.217 --> 0:20:29.697
<v Speaker 1>part will be pushed by the reduction rather the elevation

0:20:29.977 --> 0:20:35.057
<v Speaker 1>of the FED lending rate Fed interest rates are fed's

0:20:35.097 --> 0:20:36.817
<v Speaker 1>going to send interest rates up, and that's going to

0:20:36.857 --> 0:20:40.497
<v Speaker 1>mean that the cost of everything is going to be

0:20:40.497 --> 0:20:42.657
<v Speaker 1>going up, to the cost of borrowing is going to

0:20:42.737 --> 0:20:45.097
<v Speaker 1>go up, which was going to raise prices in a

0:20:45.097 --> 0:20:47.657
<v Speaker 1>whole range of areas. This is going to be really

0:20:47.657 --> 0:20:51.577
<v Speaker 1>negative for the economy. There is very clearly an effort

0:20:51.657 --> 0:20:56.737
<v Speaker 1>underway to just hold back the dam of realization from

0:20:56.777 --> 0:21:00.417
<v Speaker 1>breaking here before the election, because the one thing that

0:21:00.497 --> 0:21:03.577
<v Speaker 1>Democrats know they can't talk their way around is everyone

0:21:03.577 --> 0:21:07.497
<v Speaker 1>realizes that their inner recession and that the Democrat policies

0:21:07.577 --> 0:21:11.377
<v Speaker 1>worsened their recession. That's abely going to be an enormous,

0:21:12.417 --> 0:21:16.537
<v Speaker 1>an enormous drag on them going into this midterm election.

0:21:16.537 --> 0:21:19.577
<v Speaker 1>It's going to be a massive, massive problem. So I

0:21:19.617 --> 0:21:22.217
<v Speaker 1>think it's important that we tell the truth about what's

0:21:22.257 --> 0:21:24.257
<v Speaker 1>really going on here and what's really going to be

0:21:25.017 --> 0:21:28.497
<v Speaker 1>happening in these in these midterm elections. So that's why

0:21:28.537 --> 0:21:33.817
<v Speaker 1>we're focusing on the economy, focusing on the border crime. Crime.

0:21:33.857 --> 0:21:36.457
<v Speaker 1>I mean, here is Tucker last night on his show,

0:21:37.177 --> 0:21:39.777
<v Speaker 1>because I talk about crime frequently here, it's so important

0:21:39.777 --> 0:21:41.897
<v Speaker 1>because it's out of control. It really is dangerous in

0:21:41.937 --> 0:21:43.817
<v Speaker 1>so many of these cities. Here's Tucker on his show

0:21:44.657 --> 0:21:49.057
<v Speaker 1>saying that he wants a nonviolent civil disobedience campaign to

0:21:49.097 --> 0:21:51.977
<v Speaker 1>get more attention for how the authorities have to tackle

0:21:52.017 --> 0:21:54.857
<v Speaker 1>the problem of crime. Watching those crimes are so appalling,

0:21:54.937 --> 0:21:58.377
<v Speaker 1>their attacks not just on individuals but against civilization and

0:21:58.457 --> 0:22:02.417
<v Speaker 1>humanity itself, that they at this point really do require

0:22:02.697 --> 0:22:08.777
<v Speaker 1>in immense and organized nonviolent civil disobedience campaign. So just

0:22:08.777 --> 0:22:10.937
<v Speaker 1>pick one of those videos that ran, who's the prosecutor

0:22:10.937 --> 0:22:13.297
<v Speaker 1>to let that person out, refuse to charge them in

0:22:13.297 --> 0:22:16.537
<v Speaker 1>the first place, Who's the politician who decided that attacker

0:22:16.617 --> 0:22:18.577
<v Speaker 1>had more rights than the old lady he was beating up.

0:22:18.897 --> 0:22:21.737
<v Speaker 1>Why aren't fifteen thousand people blocking that person's office or

0:22:21.777 --> 0:22:25.097
<v Speaker 1>chain themselves to the front door, demanding an answer again,

0:22:25.217 --> 0:22:30.737
<v Speaker 1>Why isn't there massive nonviolent civil disobedience that can change this?

0:22:31.137 --> 0:22:33.417
<v Speaker 1>Barking about it uncable news clearly isn't working. We've been

0:22:33.457 --> 0:22:36.897
<v Speaker 1>doing it for five years. Why isn't there more of

0:22:36.897 --> 0:22:38.657
<v Speaker 1>a focus on this, Well, I can tell you it's

0:22:39.097 --> 0:22:43.017
<v Speaker 1>because not only are Democrats responsible for pushing the policies

0:22:43.017 --> 0:22:46.617
<v Speaker 1>that led to so much of this, but they want

0:22:46.617 --> 0:22:50.217
<v Speaker 1>to continue it. We have not suffered enough. In our

0:22:50.257 --> 0:22:54.377
<v Speaker 1>cities and towns, even royal areas. I've seen major increases

0:22:54.377 --> 0:22:57.137
<v Speaker 1>in crime because when you open up the prisons and

0:22:57.217 --> 0:23:00.377
<v Speaker 1>let people out, when you refuse to prosecute people, It's

0:23:00.377 --> 0:23:02.497
<v Speaker 1>not just the cities, I mean their criminals going to

0:23:02.537 --> 0:23:06.217
<v Speaker 1>be more criminals in circulation everywhere, at least in the

0:23:06.297 --> 0:23:09.737
<v Speaker 1>region of where these policies are being instituted. That's why

0:23:09.777 --> 0:23:12.057
<v Speaker 1>Shougo is getting rid of cash bail. They've got this

0:23:12.177 --> 0:23:16.017
<v Speaker 1>they called the Safe t Act, and that'll be starting

0:23:16.057 --> 0:23:18.577
<v Speaker 1>in January of this year. It's also gonna make a

0:23:18.657 --> 0:23:23.937
<v Speaker 1>whole range of serious crimes non arrestable. Chicago is going

0:23:23.977 --> 0:23:25.257
<v Speaker 1>to be doing this, just to give you a sense

0:23:25.297 --> 0:23:30.177
<v Speaker 1>of how crazy the Democrat state legislatures are. Mayor's offices, governors,

0:23:30.977 --> 0:23:32.777
<v Speaker 1>they're not They're not yet at the point where they

0:23:32.857 --> 0:23:35.457
<v Speaker 1>realize the suffering has to stop. And I just mentioned

0:23:35.457 --> 0:23:38.977
<v Speaker 1>this before you know. I'm I'm watching a little bit

0:23:39.017 --> 0:23:41.777
<v Speaker 1>of the Lord of the Rings prequel. I watched a

0:23:41.777 --> 0:23:43.577
<v Speaker 1>little bit of that recently. I've watched a little bit

0:23:43.657 --> 0:23:47.177
<v Speaker 1>of House of the Dragon, so it's I forget what

0:23:47.217 --> 0:23:49.177
<v Speaker 1>the Lord of the Rings one's even called, but anyway,

0:23:49.217 --> 0:23:52.137
<v Speaker 1>the House of the Dragon I've been watching. And there's

0:23:52.137 --> 0:23:54.057
<v Speaker 1>a lot of discussion about the Lord of the Rings

0:23:54.097 --> 0:24:00.177
<v Speaker 1>trilogy and Wokeness, And now you also have a discussion

0:24:00.177 --> 0:24:04.737
<v Speaker 1>that's broken out online about a black mermaid in the

0:24:04.857 --> 0:24:11.777
<v Speaker 1>Little Mermaid Live action movie. I find I find, you know,

0:24:11.937 --> 0:24:15.537
<v Speaker 1>the the casting of actors and actress of any color, creed, etc.

0:24:16.817 --> 0:24:19.057
<v Speaker 1>As long as it just has fealty to the story great,

0:24:19.377 --> 0:24:20.777
<v Speaker 1>you know, as long as it's just meant to tell

0:24:20.817 --> 0:24:22.497
<v Speaker 1>a good story. So I don't see any I don't

0:24:22.577 --> 0:24:26.497
<v Speaker 1>see the issue with having a Little Mermaid been changing

0:24:26.537 --> 0:24:29.737
<v Speaker 1>The Little Mermaid from being a you know, there was

0:24:29.777 --> 0:24:31.777
<v Speaker 1>a cartoon before. I don't think they've made a live

0:24:31.817 --> 0:24:34.817
<v Speaker 1>action version of it before. I don't see the issue

0:24:35.057 --> 0:24:39.537
<v Speaker 1>with that. I think it's fine. The issue I see

0:24:39.537 --> 0:24:43.377
<v Speaker 1>with other series is when it feels like they're pushing

0:24:44.057 --> 0:24:48.817
<v Speaker 1>diversity for its own sake at the expense of storytelling.

0:24:49.817 --> 0:24:52.257
<v Speaker 1>An example this would be in the show Billions, where

0:24:52.257 --> 0:24:55.137
<v Speaker 1>out of nowhere, all of a sudden, the most genius

0:24:55.177 --> 0:24:58.737
<v Speaker 1>person on Wall Street is a trans individual who goes

0:24:58.817 --> 0:25:03.497
<v Speaker 1>by the pronouns they that felt like that felt like

0:25:03.537 --> 0:25:06.297
<v Speaker 1>there were some politics there, right, I mean, and who

0:25:06.377 --> 0:25:07.977
<v Speaker 1>was twenty two or something like that. By the way,

0:25:07.977 --> 0:25:11.577
<v Speaker 1>so twenty two year old transgender walls three geniuses cast

0:25:11.617 --> 0:25:14.337
<v Speaker 1>in the show Billions, right at a time when the

0:25:14.337 --> 0:25:16.657
<v Speaker 1>transagenda is particularly in the news and everything else. You say,

0:25:16.737 --> 0:25:22.577
<v Speaker 1>that feels like politics. A Little Mermaid is black. I

0:25:22.617 --> 0:25:24.377
<v Speaker 1>hope it's a great I hope it's a great movie

0:25:24.377 --> 0:25:26.217
<v Speaker 1>and it's really entertaining and kids love it. I don't know,

0:25:26.217 --> 0:25:29.337
<v Speaker 1>so I don't really. I see there's wokeness and then

0:25:29.377 --> 0:25:32.457
<v Speaker 1>there's just telling good stories. As long as you're telling

0:25:32.457 --> 0:25:36.617
<v Speaker 1>good stories, great all in favor of casting whoever people

0:25:36.657 --> 0:25:39.657
<v Speaker 1>want to cast. Kind of talk to you more about

0:25:39.657 --> 0:25:42.217
<v Speaker 1>all this. Tomorrow Team talk to you then Shield Tie