1 00:00:01,040 --> 00:00:02,760 Speaker 1: Tell you what it must be nice to be a 2 00:00:02,759 --> 00:00:05,640 Speaker 1: Democrat where you can walk up on stage, just like 3 00:00:05,720 --> 00:00:10,720 Speaker 1: John Kerry did yesterday, lie to the American people, lie 4 00:00:10,760 --> 00:00:14,480 Speaker 1: to the media, and tell everybody that these sudden, massive 5 00:00:14,560 --> 00:00:17,240 Speaker 1: job losses in the oil and gas industry are somehow 6 00:00:17,280 --> 00:00:21,560 Speaker 1: not Joe Biden's fault with this green and alternative energy 7 00:00:22,079 --> 00:00:26,279 Speaker 1: climate change agenda that they are forcing on all of you. 8 00:00:26,800 --> 00:00:31,240 Speaker 1: I was watching the White House press briefing and the 9 00:00:31,320 --> 00:00:35,240 Speaker 1: headline at the bottom of MSNBC was Biden executive action 10 00:00:35,360 --> 00:00:41,280 Speaker 1: to elevate climate as a national security priority. Not like 11 00:00:41,400 --> 00:00:45,320 Speaker 1: taking out ISIS or al Qaeda, or even dealing with 12 00:00:45,400 --> 00:00:49,239 Speaker 1: domestic terrorism. No, no no, no, the Biden executive action is 13 00:00:49,280 --> 00:00:54,880 Speaker 1: going to elevate climate change as a national security priority. 14 00:00:55,680 --> 00:00:59,480 Speaker 1: So they've got this press conference and John Kerry is 15 00:01:00,000 --> 00:01:04,360 Speaker 1: telling the American people that what you should not be 16 00:01:04,480 --> 00:01:06,920 Speaker 1: sleeping overnight, what should keep you up, what should make 17 00:01:06,920 --> 00:01:08,880 Speaker 1: you worry, what should be the center of your universe 18 00:01:08,880 --> 00:01:10,959 Speaker 1: and the conversation you're having in your family and friends. 19 00:01:13,040 --> 00:01:16,440 Speaker 1: It's climate change, and you need to focus on what 20 00:01:16,480 --> 00:01:19,800 Speaker 1: we tell you is the real problem and the real problem, 21 00:01:21,520 --> 00:01:28,160 Speaker 1: and it's a national security priority. It's climate change. We did, 22 00:01:29,280 --> 00:01:33,959 Speaker 1: and there's really no telling long term how much to 23 00:01:34,000 --> 00:01:38,360 Speaker 1: improve the economy worldwide by these shutting down of the 24 00:01:38,400 --> 00:01:41,920 Speaker 1: world with COVID nineteen. People are not driving like they 25 00:01:42,040 --> 00:01:44,560 Speaker 1: used to to work. We've all seen that on the expressway. 26 00:01:44,600 --> 00:01:46,560 Speaker 1: You can drive around forty two forty you see, it's 27 00:01:46,640 --> 00:01:49,320 Speaker 1: very clear. You can go anywhere in the country and 28 00:01:49,400 --> 00:01:51,800 Speaker 1: you travel and you can see just how empty the 29 00:01:51,800 --> 00:01:54,120 Speaker 1: streets are. Traffic is not a problem like it used 30 00:01:54,160 --> 00:01:57,200 Speaker 1: to be. You know, you look over in China and 31 00:01:57,200 --> 00:01:58,800 Speaker 1: they were showing mountains that you hadn't been able to 32 00:01:58,840 --> 00:02:03,520 Speaker 1: see in forty years. And the pictures you saw in France, 33 00:02:03,520 --> 00:02:05,040 Speaker 1: how you can all of a sudden see the bottom 34 00:02:06,680 --> 00:02:11,240 Speaker 1: or in Italy in the canals where they were saying 35 00:02:11,280 --> 00:02:14,320 Speaker 1: in lifetime, people had not seen the bottom of those 36 00:02:14,320 --> 00:02:16,680 Speaker 1: canals because they were already so dirty, right, they were 37 00:02:16,760 --> 00:02:20,320 Speaker 1: churned up so much. The boats had stopped, the sediment 38 00:02:20,360 --> 00:02:23,560 Speaker 1: had settled. You could even see dolphins going through the 39 00:02:23,600 --> 00:02:28,200 Speaker 1: canals in Italy. These are just some of the examples. 40 00:02:29,280 --> 00:02:32,520 Speaker 1: But look at your odometer. How many miles have you 41 00:02:32,560 --> 00:02:35,119 Speaker 1: put on your car this year compared to last year. 42 00:02:36,360 --> 00:02:40,639 Speaker 1: Mine's probably about a third less use in the last year. 43 00:02:40,800 --> 00:02:43,200 Speaker 1: That's just the reality. It's probably less than a third. 44 00:02:44,360 --> 00:02:47,040 Speaker 1: And the reason why is because we've all been staying home. 45 00:02:48,360 --> 00:02:52,680 Speaker 1: You cannot tell me that this hasn't had a massive impact. 46 00:02:55,280 --> 00:02:58,360 Speaker 1: You cannot tell me that this has not had a 47 00:02:58,680 --> 00:03:05,680 Speaker 1: massive packed on our air quality and around the world, 48 00:03:05,720 --> 00:03:09,919 Speaker 1: not just in America, literally around the world. Now. Of course, 49 00:03:09,960 --> 00:03:13,720 Speaker 1: if you listened to the left, they will tell you 50 00:03:15,200 --> 00:03:17,800 Speaker 1: there's two threats to you right now, two massive threats you. 51 00:03:17,919 --> 00:03:19,800 Speaker 1: Number one, Donald Trump, we got to impeach him even 52 00:03:19,840 --> 00:03:22,440 Speaker 1: though he's out of office. And number two, we've got 53 00:03:22,440 --> 00:03:24,120 Speaker 1: to tell you that climate changes everything, and we got 54 00:03:24,120 --> 00:03:25,960 Speaker 1: to get gas prices back up, and they will go 55 00:03:26,120 --> 00:03:29,960 Speaker 1: up if you have buyer's remorse. It's on you, folks. 56 00:03:30,040 --> 00:03:33,359 Speaker 1: I told you this was going to happen. If you 57 00:03:33,480 --> 00:03:36,840 Speaker 1: voted for Joe Biden, you knew this was coming. I 58 00:03:36,920 --> 00:03:38,880 Speaker 1: told you so. I warned you. I told you it 59 00:03:38,920 --> 00:03:41,400 Speaker 1: was going to happen. If you didn't think this was 60 00:03:41,400 --> 00:03:44,520 Speaker 1: going to happen, you weren't paying attention. This was always 61 00:03:44,560 --> 00:03:46,160 Speaker 1: going to happen. We knew it was going to happen. 62 00:03:46,560 --> 00:03:52,560 Speaker 1: This is what happens when you get these crazy liberals 63 00:03:52,600 --> 00:03:56,840 Speaker 1: and you give them power. Global warming, by the way, 64 00:03:56,960 --> 00:03:59,080 Speaker 1: was not even on the top ten issues and exit 65 00:03:59,120 --> 00:04:02,640 Speaker 1: pulling of the last on election day. Why are they 66 00:04:02,680 --> 00:04:04,960 Speaker 1: going back to it? Because it's where they make their money, folks, 67 00:04:06,000 --> 00:04:07,600 Speaker 1: this is how they get paid. This is how they 68 00:04:07,640 --> 00:04:11,640 Speaker 1: make their cash. You don't believe me, Let me give 69 00:04:11,640 --> 00:04:13,320 Speaker 1: you a new headline that, of course the media is 70 00:04:13,360 --> 00:04:16,840 Speaker 1: not going to be covering. There's a new headline out 71 00:04:17,120 --> 00:04:22,799 Speaker 1: reminding you, warning you that Kamala Harris, now vice president 72 00:04:22,839 --> 00:04:27,560 Speaker 1: Knights It's America Solar Wins, targeted by massive cyber attack, 73 00:04:27,680 --> 00:04:34,679 Speaker 1: hires Kamala Harris's husband, a former Chinese Communist Party linked 74 00:04:34,760 --> 00:04:38,920 Speaker 1: law firm as their new lobbyists. Solar Wins, a software 75 00:04:39,000 --> 00:04:41,360 Speaker 1: vender used by the US government and recently a target 76 00:04:41,360 --> 00:04:44,640 Speaker 1: of a massive cyber attack, has now retained former law 77 00:04:44,680 --> 00:04:52,719 Speaker 1: firm a vice president Kamala Harris's husband as its lobbying group. Yeah, 78 00:04:52,800 --> 00:04:57,320 Speaker 1: he's getting paid. You know who's getting paid by He's 79 00:04:57,360 --> 00:05:03,400 Speaker 1: getting paid by a sol wind company. There's money to 80 00:05:03,440 --> 00:05:05,880 Speaker 1: be made on the left. If you're on the left, 81 00:05:05,960 --> 00:05:08,680 Speaker 1: you went and you invested heavy in this crap. And 82 00:05:08,880 --> 00:05:10,920 Speaker 1: the reason why is because you knew this was part 83 00:05:10,920 --> 00:05:13,080 Speaker 1: of your agenda. And now they're out there on TV 84 00:05:13,240 --> 00:05:17,680 Speaker 1: selling it to you, telling you right, they're telling you 85 00:05:17,720 --> 00:05:20,680 Speaker 1: that you got to do this. Folks. Solar wind is 86 00:05:20,680 --> 00:05:25,280 Speaker 1: where it's at. Solar wind is everything, Folks, Solar wind 87 00:05:25,400 --> 00:05:31,919 Speaker 1: is what you have to focus on. It's a national 88 00:05:32,040 --> 00:05:37,800 Speaker 1: security issue, as they described it. Now, there's been a 89 00:05:37,800 --> 00:05:40,640 Speaker 1: lot of job losses. Apparently that doesn't matter right now, 90 00:05:40,720 --> 00:05:44,440 Speaker 1: no one cares. Job losses are something you should not 91 00:05:44,520 --> 00:05:46,600 Speaker 1: worry about job loss or something you shouldn't care about 92 00:05:46,640 --> 00:05:49,719 Speaker 1: job losses, or something you shouldn't even focus on ask 93 00:05:49,839 --> 00:05:52,560 Speaker 1: questions about, because we're going to replace those jobs with 94 00:05:52,640 --> 00:05:54,760 Speaker 1: other jobs. That's how they sell you on this. And 95 00:05:54,760 --> 00:05:56,160 Speaker 1: this is exactly what they sold you to in the 96 00:05:56,200 --> 00:06:00,760 Speaker 1: Obama years, and it never materialized. It never happened. In 97 00:06:00,920 --> 00:06:04,719 Speaker 1: full disclosure. Sure there were some jobs that were created 98 00:06:04,760 --> 00:06:07,440 Speaker 1: and so learned they disappeared. They were subsidized with the 99 00:06:07,440 --> 00:06:10,280 Speaker 1: federal government. Go look at Celindra and the disaster of 100 00:06:10,320 --> 00:06:13,240 Speaker 1: all the companies that we spent hundreds of millions of 101 00:06:13,279 --> 00:06:18,280 Speaker 1: dollars billions of dollars overall investing in. Go look at them, 102 00:06:19,440 --> 00:06:22,719 Speaker 1: Take a look. How many of those jobs are still 103 00:06:22,720 --> 00:06:28,360 Speaker 1: around today. They're not because they're not permanent. They're temporary. 104 00:06:28,440 --> 00:06:31,080 Speaker 1: They were never designed to be permanent. It was a 105 00:06:31,160 --> 00:06:37,240 Speaker 1: political agenda you were pushing, nothing more than that. It 106 00:06:37,320 --> 00:06:43,080 Speaker 1: was just a political agenda. I want you to hear 107 00:06:43,160 --> 00:06:47,359 Speaker 1: John Kerry at this press conference trying to make you 108 00:06:47,440 --> 00:06:49,960 Speaker 1: believe that the massive sudden job losses in the oil 109 00:06:49,960 --> 00:06:55,360 Speaker 1: and gas industry are not Biden's fault, even though it's 110 00:06:55,360 --> 00:06:58,760 Speaker 1: clearly there's no one else to blame. Right, you can't 111 00:06:58,760 --> 00:07:02,640 Speaker 1: blame Orange Man for this. The only reason why these 112 00:07:02,720 --> 00:07:05,600 Speaker 1: jobs were loss is because of your new policies. Right 113 00:07:05,640 --> 00:07:09,960 Speaker 1: when you came in and the media did not push back. 114 00:07:10,000 --> 00:07:12,000 Speaker 1: They were like, oh, okay, well we'll report it that way. 115 00:07:12,040 --> 00:07:15,480 Speaker 1: Sounds great, Thanks for playing. I'm gonna play this for 116 00:07:15,520 --> 00:07:18,440 Speaker 1: you in just a moment. It's Ben Ferguson's show much more, 117 00:07:18,520 --> 00:07:20,400 Speaker 1: and you'll hear John Kerry what he had to say, 118 00:07:20,640 --> 00:07:23,160 Speaker 1: and the media, of course letting him off the hook 119 00:07:24,400 --> 00:07:26,240 Speaker 1: when he says, oh no, no, no no, no, no, these 120 00:07:26,280 --> 00:07:29,720 Speaker 1: aren't our fault. This isn't our fault. Quickly, by the way, 121 00:07:29,720 --> 00:07:31,520 Speaker 1: I got to remind you about something. You got two 122 00:07:31,640 --> 00:07:34,400 Speaker 1: days left. If you want to get in the fight 123 00:07:34,600 --> 00:07:38,679 Speaker 1: on the statewide level and join for free the number 124 00:07:38,720 --> 00:07:41,760 Speaker 1: one conservative organizations in the country. AMAC. We're only gonna 125 00:07:41,760 --> 00:07:43,200 Speaker 1: be able to do it for two more days. We're 126 00:07:43,200 --> 00:07:45,120 Speaker 1: gonna give you that membership now. It'll cost you like 127 00:07:45,120 --> 00:07:51,400 Speaker 1: twenty dollars after in two days, so don't wait. Join 128 00:07:51,600 --> 00:07:54,440 Speaker 1: right now. AMAC is doing something really cool. They are 129 00:07:54,480 --> 00:07:58,440 Speaker 1: actually going state by state and organizing members because every 130 00:07:58,480 --> 00:08:00,600 Speaker 1: state's going to have different fights. They're going to have 131 00:08:00,640 --> 00:08:03,560 Speaker 1: to battle against First and Second Amendment rights being taken 132 00:08:03,560 --> 00:08:07,960 Speaker 1: away from us, holding the administration accountable for what they're doing, 133 00:08:08,000 --> 00:08:11,080 Speaker 1: trying to decimate the old gas industry. So if you've 134 00:08:11,080 --> 00:08:14,880 Speaker 1: not joined the number one conservative organizations in the country AMAC, 135 00:08:15,080 --> 00:08:17,440 Speaker 1: do it now because it's gonna cost you about twenty 136 00:08:17,440 --> 00:08:21,160 Speaker 1: dollars in two days. Go to ben free online dot 137 00:08:21,160 --> 00:08:27,760 Speaker 1: com that's been free online dot com kawww dot ben 138 00:08:28,000 --> 00:08:30,880 Speaker 1: free online dot com and you can join the number 139 00:08:30,880 --> 00:08:34,880 Speaker 1: one conservative organizations in the country and you'll get updates 140 00:08:34,880 --> 00:08:38,360 Speaker 1: based on where you live. It doesn't matter what state 141 00:08:38,400 --> 00:08:41,559 Speaker 1: you live in. The battles are going to be different 142 00:08:42,000 --> 00:08:44,719 Speaker 1: state by state. You want to get organized, you want 143 00:08:44,720 --> 00:08:46,400 Speaker 1: to know what you're fighting for in your state. You 144 00:08:46,480 --> 00:08:48,520 Speaker 1: want to know how to fight back, go to ben 145 00:08:48,679 --> 00:08:52,240 Speaker 1: Free online dot com. Get your free membership to AMAC now. 146 00:08:53,000 --> 00:08:54,640 Speaker 1: You got two days left to do it. After that's 147 00:08:54,640 --> 00:08:56,560 Speaker 1: gonna cost you about twenty dollars to become a member, 148 00:08:56,600 --> 00:08:58,200 Speaker 1: So why pay for it when I'm giving it to 149 00:08:58,240 --> 00:09:01,960 Speaker 1: you for free right now, ben Free online dot com. 150 00:09:03,320 --> 00:09:09,360 Speaker 1: National security That is how the Biden administration has declared 151 00:09:09,360 --> 00:09:13,320 Speaker 1: the war on natural gas and oil in this country. 152 00:09:13,320 --> 00:09:16,439 Speaker 1: They're saying it's a national security issue, just like dealing 153 00:09:16,440 --> 00:09:23,360 Speaker 1: with terrorism. John Kerry, who is in charge of shutting 154 00:09:23,400 --> 00:09:26,319 Speaker 1: down and attacking the oil and gas industry, because they 155 00:09:26,360 --> 00:09:29,120 Speaker 1: say it's as dangerous as al Qaeda. It's a top 156 00:09:29,160 --> 00:09:34,760 Speaker 1: priority of the administration. It's a national security issue. They 157 00:09:34,800 --> 00:09:38,199 Speaker 1: are now saying, yeah, a bunch of job draw loss, 158 00:09:38,240 --> 00:09:41,600 Speaker 1: but it's not our fault. Like, it's really not our fault. Okay, 159 00:09:42,960 --> 00:09:45,520 Speaker 1: don't don't act like it's our fault that you can't 160 00:09:45,520 --> 00:09:47,640 Speaker 1: blame us for the job losses. It's not. It's not 161 00:09:47,720 --> 00:09:51,400 Speaker 1: our fault. I want you to take a listen to 162 00:09:51,520 --> 00:09:54,960 Speaker 1: this question from the media to John Kerry. After Biden 163 00:09:55,000 --> 00:09:59,679 Speaker 1: takes executive action to elevate climate as a national security priority, 164 00:10:00,600 --> 00:10:05,720 Speaker 1: he would they're very certainly are oil and gas industry 165 00:10:05,760 --> 00:10:09,000 Speaker 1: workers who are watching you both right now who will 166 00:10:09,080 --> 00:10:12,600 Speaker 1: hear the message that the takeaway to them is that 167 00:10:12,679 --> 00:10:16,360 Speaker 1: they are seeing an end to their livelihoods. What do 168 00:10:16,480 --> 00:10:20,559 Speaker 1: you say to them, particularly those people who who presidential 169 00:10:20,880 --> 00:10:23,400 Speaker 1: struck a court with on the campaign trail he promised 170 00:10:23,400 --> 00:10:25,800 Speaker 1: to save their jobs. What is your message to them 171 00:10:25,880 --> 00:10:28,920 Speaker 1: right now? And also to the oil industry executives who 172 00:10:28,960 --> 00:10:32,600 Speaker 1: are listening, are you putting them on notice today? Well, 173 00:10:32,640 --> 00:10:34,920 Speaker 1: we didn't come here to put anybody on notice except 174 00:10:35,000 --> 00:10:39,720 Speaker 1: to the seriousness of President Biden's intent to do what 175 00:10:39,800 --> 00:10:41,880 Speaker 1: needs to be done to deal with this crisis. And 176 00:10:41,920 --> 00:10:47,640 Speaker 1: it is a crisis with respect to those workers. No 177 00:10:49,040 --> 00:10:52,600 Speaker 1: two people are more in this realm. I'm not more 178 00:10:52,600 --> 00:10:55,160 Speaker 1: concerned about it. And the President of the United States 179 00:10:55,600 --> 00:10:58,679 Speaker 1: has expressed in every comment he has made about to 180 00:10:58,960 --> 00:11:04,960 Speaker 1: climate the need to grow the new jobs that pay better. 181 00:11:05,000 --> 00:11:07,000 Speaker 1: They're the cleaner that I mean. You know, you look 182 00:11:07,000 --> 00:11:09,760 Speaker 1: at the consequences of black lung for a minor, for instance, 183 00:11:09,760 --> 00:11:12,199 Speaker 1: and measure that against the fastest growing job in the 184 00:11:12,280 --> 00:11:16,760 Speaker 1: United States before COVID was solar power technician. The same 185 00:11:16,800 --> 00:11:19,640 Speaker 1: people can do those jobs, but the choice of doing 186 00:11:19,920 --> 00:11:23,920 Speaker 1: the solar power one now is a better choice. Similarly, 187 00:11:25,080 --> 00:11:29,000 Speaker 1: you have the second fastest growing job pre COVID was 188 00:11:29,120 --> 00:11:34,040 Speaker 1: wind turbine technician. This is happening. Seventy five seventy percent 189 00:11:34,080 --> 00:11:36,520 Speaker 1: of all the electricity that's come online in the United 190 00:11:36,559 --> 00:11:41,000 Speaker 1: States in the last few years came from renewables, not 191 00:11:41,800 --> 00:11:44,760 Speaker 1: you know, coal plants have been closing over the last 192 00:11:44,760 --> 00:11:49,400 Speaker 1: twenty years. So what President Biden wants to do is 193 00:11:49,480 --> 00:11:54,000 Speaker 1: make sure those folks have better choices, that they have alternatives, 194 00:11:54,000 --> 00:11:55,600 Speaker 1: that they can be the people who go to work 195 00:11:55,840 --> 00:11:58,319 Speaker 1: to make the solar panels, they were making them here 196 00:11:58,320 --> 00:12:01,360 Speaker 1: at home. That is going to be a particular focus 197 00:12:02,120 --> 00:12:07,480 Speaker 1: of the Build Back Better agenda. And I think that 198 00:12:07,920 --> 00:12:10,439 Speaker 1: I got to ask this question though, before I continue 199 00:12:10,760 --> 00:12:14,600 Speaker 1: with these lies. When he says pre COVID this was 200 00:12:14,640 --> 00:12:16,920 Speaker 1: like the industry where everybody was getting paid, right, and 201 00:12:16,920 --> 00:12:19,240 Speaker 1: it was just you're insane not to jump on board, 202 00:12:19,280 --> 00:12:23,560 Speaker 1: like we're gonna make you all this money. The statistics 203 00:12:23,559 --> 00:12:27,320 Speaker 1: that he just described show me where they are. You're 204 00:12:27,360 --> 00:12:30,439 Speaker 1: telling me that no one was reporting on this massive 205 00:12:30,520 --> 00:12:35,040 Speaker 1: growth in an industry that you're telling me is absolutely there. 206 00:12:35,559 --> 00:12:38,840 Speaker 1: I want to see the data. I don't believe you. 207 00:12:38,920 --> 00:12:41,480 Speaker 1: Second thing, did you notice how he pivoted to coal, 208 00:12:41,800 --> 00:12:44,959 Speaker 1: not oil and gas. She did not ask a question 209 00:12:45,000 --> 00:12:50,479 Speaker 1: about coal. Coal is totally different than oil and gas industry, 210 00:12:51,520 --> 00:12:53,560 Speaker 1: and he pivoted and they should have asked him. Well, 211 00:12:53,559 --> 00:12:57,800 Speaker 1: hold on a second, I'm not asking about coal. Carry right, 212 00:12:57,960 --> 00:13:00,599 Speaker 1: I'm not asking I didn't ask you about coal. That's 213 00:13:00,200 --> 00:13:02,480 Speaker 1: not as coal has nothing to do with oil and gas. 214 00:13:03,120 --> 00:13:05,120 Speaker 1: And he just says coal jobs are disappearing over the 215 00:13:05,200 --> 00:13:07,520 Speaker 1: last twenty years. No one would dispute that fact. That's 216 00:13:07,520 --> 00:13:11,280 Speaker 1: not the damn question they asked you. And these are 217 00:13:11,320 --> 00:13:14,079 Speaker 1: how this is how much of a scumbag these guys are. 218 00:13:14,520 --> 00:13:16,840 Speaker 1: They tell you that you can get a new job 219 00:13:17,280 --> 00:13:21,120 Speaker 1: if you're in the oil and gas industry easily, and 220 00:13:21,160 --> 00:13:23,400 Speaker 1: then they compare it to people losing jobs of coal, 221 00:13:24,080 --> 00:13:27,720 Speaker 1: which was not the question at all. No one asked 222 00:13:27,760 --> 00:13:31,240 Speaker 1: a question about coal. They asked a question about the 223 00:13:31,280 --> 00:13:35,120 Speaker 1: oil and gas industry. You then decided you couldn't answer 224 00:13:35,160 --> 00:13:39,000 Speaker 1: that question with a straight face, so you altered you changed, 225 00:13:39,280 --> 00:13:42,280 Speaker 1: You went to something that was totally unrelated. Cole had 226 00:13:42,360 --> 00:13:46,000 Speaker 1: nothing to do with the question he was asked. There 227 00:13:46,040 --> 00:13:50,400 Speaker 1: isn't anything that he was asked about that dealt with Cole. Now, 228 00:13:50,400 --> 00:13:52,720 Speaker 1: the second thing he just said that also just irritates 229 00:13:52,720 --> 00:13:54,600 Speaker 1: the crap out of me. Is this idea that I 230 00:13:54,640 --> 00:13:58,640 Speaker 1: can just go from a driller right fracking or one 231 00:13:58,679 --> 00:14:01,760 Speaker 1: of the jobs, or the pipeline and immediately just turn 232 00:14:01,840 --> 00:14:05,320 Speaker 1: into a technician with wind. Who's gonna pay for that 233 00:14:06,440 --> 00:14:11,160 Speaker 1: change in my education? Who's gonna change or pay for 234 00:14:11,160 --> 00:14:15,760 Speaker 1: that trade school? Then, who's gonna pay for my family 235 00:14:15,800 --> 00:14:17,920 Speaker 1: to leave where I'm living now to go to somewhere 236 00:14:17,920 --> 00:14:20,840 Speaker 1: completely different? To do this third thing he said, that's 237 00:14:20,880 --> 00:14:25,200 Speaker 1: just total crap. He says, well, we gotta make these 238 00:14:25,200 --> 00:14:27,640 Speaker 1: solar panels here. How were you going to do that 239 00:14:27,840 --> 00:14:30,800 Speaker 1: when you're fighting against China that can make them for 240 00:14:30,880 --> 00:14:32,920 Speaker 1: ten cents on the dollar compared to what the labor 241 00:14:32,960 --> 00:14:36,600 Speaker 1: costs are and the unionization and you're fifteen dollar minium 242 00:14:36,640 --> 00:14:41,240 Speaker 1: wage you're mandating. Now, you cannot make solar panels in 243 00:14:41,280 --> 00:14:44,800 Speaker 1: America at a competitive rate compared to what they can 244 00:14:44,840 --> 00:14:49,320 Speaker 1: do in China and other nations. You just can't. So 245 00:14:49,360 --> 00:14:51,320 Speaker 1: he just sorts this, we gotta make this stuff here, Okay, 246 00:14:51,360 --> 00:14:54,200 Speaker 1: how are you gonna do it? Show me a viable 247 00:14:54,280 --> 00:14:57,280 Speaker 1: way to make it here. I'm willing to listen. But 248 00:14:57,400 --> 00:14:59,400 Speaker 1: you guys have already opened China back up to doing 249 00:14:59,400 --> 00:15:03,040 Speaker 1: a way of the health China wants to do. Right, 250 00:15:03,080 --> 00:15:09,120 Speaker 1: You've literally already opened up China and said, China start 251 00:15:09,200 --> 00:15:13,760 Speaker 1: manufacturing everything again and just torch us, go for it, 252 00:15:16,640 --> 00:15:21,320 Speaker 1: flat out, just just blow this thing up. That's what 253 00:15:21,360 --> 00:15:26,960 Speaker 1: they've been doing. Am I wrong? That is? I mean? 254 00:15:27,240 --> 00:15:31,800 Speaker 1: Is that not exactly what they've been doing. So he's 255 00:15:31,840 --> 00:15:36,160 Speaker 1: selling you now nothing but a con artist's response. I'm 256 00:15:36,200 --> 00:15:38,000 Speaker 1: going to tell you that the cold jobs are dying, 257 00:15:38,040 --> 00:15:42,720 Speaker 1: which is true, instead of actually answering the question about 258 00:15:42,720 --> 00:15:44,440 Speaker 1: the oil and gas industry, because the oil and gas 259 00:15:44,480 --> 00:15:47,680 Speaker 1: industry is not coal. Now, either he's deliberately lying to you, 260 00:15:47,840 --> 00:15:49,600 Speaker 1: or he's a complete dumb a and doesn't know the 261 00:15:49,600 --> 00:15:53,760 Speaker 1: difference between cold jobs and oil and gas jobs. John Kerry, 262 00:15:53,800 --> 00:15:59,040 Speaker 1: by the way, he's not a moron. Okay, He's not 263 00:15:59,080 --> 00:16:03,320 Speaker 1: an idiot. I want to make that clear. He knows 264 00:16:03,360 --> 00:16:07,080 Speaker 1: what he's doing here. He's not stupid. He understands what 265 00:16:07,120 --> 00:16:12,160 Speaker 1: he's doing here. He's not an idiot. And the media 266 00:16:12,480 --> 00:16:15,000 Speaker 1: lets him get away with it. No one, no one, 267 00:16:15,160 --> 00:16:18,000 Speaker 1: stops him in his tracks when he starts talking about Cole. 268 00:16:18,480 --> 00:16:20,960 Speaker 1: They just let him keep talking. All the electricity that's 269 00:16:20,960 --> 00:16:23,120 Speaker 1: come online in the United States in the last few 270 00:16:23,240 --> 00:16:28,880 Speaker 1: years came from renewables, not you know, coal plants have 271 00:16:28,960 --> 00:16:32,320 Speaker 1: been closing over the last twenty years. Immediately right there, 272 00:16:32,360 --> 00:16:35,440 Speaker 1: the media should jumped in and said, mister, you know, carry, secondary, 273 00:16:35,520 --> 00:16:38,040 Speaker 1: carry whatever you want to call this guy. But I 274 00:16:38,040 --> 00:16:39,800 Speaker 1: didn't ask you about Cole. Cole has nothing to do 275 00:16:39,800 --> 00:16:41,640 Speaker 1: with the oil and gas industry. Then the jobs just 276 00:16:41,760 --> 00:16:43,560 Speaker 1: were lost in oil and gas that were just decimated 277 00:16:43,560 --> 00:16:46,000 Speaker 1: in oil and gas. With all due respect the oil 278 00:16:46,040 --> 00:16:51,040 Speaker 1: and gas manufacturers, at workers the executives that I asked 279 00:16:51,040 --> 00:16:53,160 Speaker 1: you a question about their industry has nothing to do 280 00:16:53,160 --> 00:16:55,400 Speaker 1: with coal. Why are you talking about Cole right now? 281 00:16:57,000 --> 00:17:01,080 Speaker 1: But none of them asked the question quickly. By the way, 282 00:17:01,120 --> 00:17:02,920 Speaker 1: I got to remind you about something. You got two 283 00:17:03,000 --> 00:17:05,800 Speaker 1: days left if you want to get in the fight 284 00:17:05,960 --> 00:17:10,040 Speaker 1: on the statewide level and join for free the number 285 00:17:10,080 --> 00:17:13,120 Speaker 1: one conservative organizations in the country. Amac We're only gonna 286 00:17:13,119 --> 00:17:14,560 Speaker 1: be able to do it for two more days. We're 287 00:17:14,560 --> 00:17:16,480 Speaker 1: gonna give you that membership. Now, it'll cost you like 288 00:17:16,480 --> 00:17:22,760 Speaker 1: twenty dollars after in two days, so don't wait. Join 289 00:17:22,960 --> 00:17:25,840 Speaker 1: right now. AMAC is doing something really cool. They are 290 00:17:25,840 --> 00:17:29,840 Speaker 1: actually going state by state and organizing members because every 291 00:17:29,840 --> 00:17:32,479 Speaker 1: state's gonna have different fights. They're gonna have to battle 292 00:17:32,520 --> 00:17:35,760 Speaker 1: against First and Second Amendment rights being taken away from us, 293 00:17:36,359 --> 00:17:39,639 Speaker 1: holding the administration accountable for what they're doing, trying to 294 00:17:39,680 --> 00:17:43,200 Speaker 1: decimate the old gas industry. So if you've not joined 295 00:17:43,320 --> 00:17:46,520 Speaker 1: the number one conservative organizations in the country, AMAC, do 296 00:17:46,640 --> 00:17:49,159 Speaker 1: it now because it's gonna cost you about twenty dollars 297 00:17:49,160 --> 00:17:52,800 Speaker 1: in two days. Go to ben free online dot com. 298 00:17:52,880 --> 00:18:00,000 Speaker 1: That's been free online dot com okwww dot ben free 299 00:18:00,160 --> 00:18:02,440 Speaker 1: online dot com and you can join the number one 300 00:18:02,880 --> 00:18:06,639 Speaker 1: conservative organization in the country and you'll get updates based 301 00:18:06,680 --> 00:18:09,840 Speaker 1: on where you live. It doesn't matter what state you 302 00:18:09,920 --> 00:18:13,679 Speaker 1: live in. The battles are going to be different state 303 00:18:13,720 --> 00:18:16,159 Speaker 1: by state. You want to get organized, you want to 304 00:18:16,160 --> 00:18:18,000 Speaker 1: know what you're fighting for in your state, you want 305 00:18:18,000 --> 00:18:20,399 Speaker 1: to know how to fight back. Go to ben free 306 00:18:20,520 --> 00:18:23,600 Speaker 1: online dot com. Get your free membership to AMACK now. 307 00:18:24,359 --> 00:18:26,000 Speaker 1: You got two days left to do it after that's 308 00:18:26,000 --> 00:18:27,920 Speaker 1: going to cost you about twenty dollars to become a member, 309 00:18:27,960 --> 00:18:29,600 Speaker 1: So why pay for it when I'm giving it to 310 00:18:29,600 --> 00:18:33,200 Speaker 1: you for free right now, ben free online dot com. 311 00:18:34,600 --> 00:18:39,880 Speaker 1: I gotta get to this amazing story that is taking 312 00:18:39,960 --> 00:18:42,920 Speaker 1: the world by storm. And if you don't know what 313 00:18:43,080 --> 00:18:45,879 Speaker 1: game Stop is, let me explain it to you, because 314 00:18:46,760 --> 00:18:50,359 Speaker 1: the entire world is enamored by what is happening right now. 315 00:18:51,080 --> 00:18:57,680 Speaker 1: Game Stop is a gamers heaven. It is where they 316 00:18:57,760 --> 00:19:01,720 Speaker 1: go to absolutely geek out to where you buy video games, 317 00:19:02,520 --> 00:19:07,240 Speaker 1: and a lot of video game players also have gotten 318 00:19:07,240 --> 00:19:11,959 Speaker 1: into day trading. They've started using different sites like Reddit 319 00:19:12,000 --> 00:19:15,480 Speaker 1: and others to organize to kind of take on the 320 00:19:15,600 --> 00:19:18,919 Speaker 1: rich people in this country that manipulate the markets and 321 00:19:19,000 --> 00:19:23,520 Speaker 1: turn turn Wall Street basically in their own personal casinos, 322 00:19:23,520 --> 00:19:25,760 Speaker 1: turn in their own Vegas. Right. It's a it's a 323 00:19:25,840 --> 00:19:30,240 Speaker 1: true David Verse's Goliath story with what these gamers have done, 324 00:19:30,960 --> 00:19:35,520 Speaker 1: and they totally destroyed the rich people yesterday. The people 325 00:19:35,520 --> 00:19:37,880 Speaker 1: that do this every day manipulate the markets and don't 326 00:19:37,920 --> 00:19:39,639 Speaker 1: go to prison for it, which is why this is 327 00:19:39,680 --> 00:19:44,399 Speaker 1: such an amazing story. So these share prices for the 328 00:19:44,480 --> 00:19:48,560 Speaker 1: video game retailer game Stock have shocked and really owed 329 00:19:49,400 --> 00:19:53,639 Speaker 1: everyone over the past week. After an online campaign to 330 00:19:53,840 --> 00:19:56,480 Speaker 1: screw the hedge Fund manager, the rich people on Wall 331 00:19:56,520 --> 00:20:01,000 Speaker 1: Street sent the stock literally sore through the roof. Now 332 00:20:01,359 --> 00:20:03,560 Speaker 1: this is David Burgers Goliath, which is the reason why 333 00:20:03,600 --> 00:20:07,040 Speaker 1: I think this is an amazing story. Wall Street saw 334 00:20:07,080 --> 00:20:10,680 Speaker 1: an opportunity to make money by shorting the game stock 335 00:20:10,960 --> 00:20:15,800 Speaker 1: stop stock say that three times fast. They started shorting 336 00:20:15,840 --> 00:20:17,520 Speaker 1: it because they thought it was gonna just you know, 337 00:20:17,600 --> 00:20:21,280 Speaker 1: they saw it was going to tumble. That is when 338 00:20:21,320 --> 00:20:26,320 Speaker 1: an online community of very small do it yourself investors. 339 00:20:26,359 --> 00:20:28,560 Speaker 1: I'm talking about small as and we're not talking aboutout 340 00:20:28,560 --> 00:20:31,679 Speaker 1: a lot of money each. These people have rallied to 341 00:20:31,720 --> 00:20:35,840 Speaker 1: buy up shares in the company. It started to work. 342 00:20:36,920 --> 00:20:42,600 Speaker 1: It rocketed the stock price to a dazzling one thousand, 343 00:20:42,760 --> 00:20:48,000 Speaker 1: six hundred percent increase since it began beginning of January. 344 00:20:48,119 --> 00:20:53,280 Speaker 1: It has now cost heads fun short sellers literally billions 345 00:20:53,280 --> 00:20:58,440 Speaker 1: of dollars to cover their losses. What's happened has been 346 00:20:58,520 --> 00:21:02,040 Speaker 1: characterized by everyone in the media worldwide in the money 347 00:21:02,040 --> 00:21:06,600 Speaker 1: markets is a true David Verse Goliath story. If you're 348 00:21:06,640 --> 00:21:08,640 Speaker 1: in wash, if you're in Hollywood right now, you should 349 00:21:08,680 --> 00:21:11,399 Speaker 1: go ahead and start making this movie because I'm gonna 350 00:21:11,400 --> 00:21:15,359 Speaker 1: want to watch it. It's a story of how the 351 00:21:15,400 --> 00:21:19,200 Speaker 1: little guys. The trolls right that are hated by Wall 352 00:21:19,240 --> 00:21:23,440 Speaker 1: Street on the internet from forum Reddit have at least 353 00:21:23,440 --> 00:21:28,040 Speaker 1: for now, beat the credentialed expert billionaire investors of Wall Street. 354 00:21:29,240 --> 00:21:33,040 Speaker 1: Game Stock, like many retailers, have suffered during the coronavirus pandemic, 355 00:21:34,040 --> 00:21:36,359 Speaker 1: but for years now, they've also been confronted with a 356 00:21:36,440 --> 00:21:40,480 Speaker 1: changing market landscape. Simply put customers or moving to online retail. 357 00:21:41,160 --> 00:21:43,880 Speaker 1: They're buying now digital copies of their video games over 358 00:21:43,920 --> 00:21:47,159 Speaker 1: the internet, relying less on brick and mortar stores to 359 00:21:47,320 --> 00:21:50,200 Speaker 1: go in and buy physical copies of the games they play. 360 00:21:51,119 --> 00:21:56,160 Speaker 1: Last December, the retail chain game Stop, facing mounting debt, 361 00:21:56,160 --> 00:21:59,119 Speaker 1: announced it would close more than a thousand stores by 362 00:21:59,119 --> 00:22:01,639 Speaker 1: the end of the the fiscal year in March, after already 363 00:22:01,640 --> 00:22:04,119 Speaker 1: closing more than seven hundred and eighty three stores in 364 00:22:04,160 --> 00:22:07,879 Speaker 1: the past two years. As reported by Business Insider, in 365 00:22:07,920 --> 00:22:10,120 Speaker 1: twenty eighteen, the company had a net loss of four 366 00:22:10,280 --> 00:22:14,439 Speaker 1: hundred and eighty five million dollars. It's not good. Twenty nineteen, 367 00:22:14,480 --> 00:22:18,719 Speaker 1: game Stop rebounded slightly, losing just eighty three million compared 368 00:22:18,760 --> 00:22:20,280 Speaker 1: to the four hundred and eighty five million in the 369 00:22:20,359 --> 00:22:25,480 Speaker 1: year before, and in twenty twenty it faces nineteen million 370 00:22:25,600 --> 00:22:29,639 Speaker 1: in net losses. In a bid to revitalize game Stop, 371 00:22:29,720 --> 00:22:33,959 Speaker 1: last September, investor Ryan Cohen, the founder of the online 372 00:22:34,000 --> 00:22:38,399 Speaker 1: pet food retailer Chewey, decided to buy a thirteen percent 373 00:22:38,480 --> 00:22:41,240 Speaker 1: stake in the company and started campaigning for a change 374 00:22:41,880 --> 00:22:45,159 Speaker 1: of the business model. Cohen envisioned game Stop as a 375 00:22:45,200 --> 00:22:48,280 Speaker 1: competitor to Amazon, pushing for it to transition to online 376 00:22:48,320 --> 00:22:53,720 Speaker 1: retail and compete in that space. On January the eleventh, 377 00:22:53,760 --> 00:22:56,800 Speaker 1: game Stop announced that it had added three new directors 378 00:22:56,840 --> 00:23:01,200 Speaker 1: to its board, including Cohen. That causes stock price to jump. 379 00:23:01,840 --> 00:23:03,879 Speaker 1: At the beginning of twenty twenty one, the Coming stock 380 00:23:03,960 --> 00:23:09,600 Speaker 1: was trading it around seventeen dollars. CNN even recounting that 381 00:23:09,640 --> 00:23:13,280 Speaker 1: the Coming stock price surged thirteen percent after that announcement. 382 00:23:14,040 --> 00:23:19,400 Speaker 1: But since then what has happened is almost unexplainable. Wall 383 00:23:19,440 --> 00:23:22,920 Speaker 1: Street observed game Stops decline, and they decided to bet 384 00:23:22,920 --> 00:23:25,880 Speaker 1: it would not be able to compete against Amazon, so 385 00:23:25,920 --> 00:23:29,960 Speaker 1: they saw a big opportunity to make big money. Hedge 386 00:23:30,000 --> 00:23:35,040 Speaker 1: funds including Melvin Capital and Citron indicated they would short 387 00:23:35,080 --> 00:23:38,400 Speaker 1: the stock, meaning you're betting against the stock going up. 388 00:23:39,720 --> 00:23:41,560 Speaker 1: But when you're short of stock. It can get very 389 00:23:41,560 --> 00:23:44,280 Speaker 1: expensive if you're wrong, especially if you're wrong to the 390 00:23:44,359 --> 00:23:50,520 Speaker 1: tune of what we've just witnessed by these people on Reddit. 391 00:23:50,600 --> 00:23:54,920 Speaker 1: These gamers right predicting that the increase in game stock 392 00:23:55,000 --> 00:23:58,240 Speaker 1: stock would temperate, was only temporary, and it would fall soon. 393 00:23:58,320 --> 00:24:03,560 Speaker 1: They started shorting it like crazy. They were even tweeting 394 00:24:03,560 --> 00:24:07,119 Speaker 1: it out. Citron Research on Twitter tweet out January the nineteenth, Tomorrow, 395 00:24:07,119 --> 00:24:10,600 Speaker 1: eleven thirty Eastern, Citron will live stream the five reasons 396 00:24:10,680 --> 00:24:14,680 Speaker 1: game stock buyers at these levels are the suckers at 397 00:24:14,680 --> 00:24:19,480 Speaker 1: the poker game stock back to twenty dollars fast. We 398 00:24:19,560 --> 00:24:25,600 Speaker 1: understand short interest better than you and will explain, oh, well, 399 00:24:25,640 --> 00:24:28,480 Speaker 1: that just decided that you know at that point, it's war, right. 400 00:24:28,600 --> 00:24:32,520 Speaker 1: The arrogant rich people of Wall Street just tweeted out 401 00:24:32,560 --> 00:24:38,520 Speaker 1: to tweet mocking the gamers. Last Wednesday, the reddit community 402 00:24:38,800 --> 00:24:42,480 Speaker 1: wall street bets entered the equation. Wall street bets is 403 00:24:42,560 --> 00:24:45,879 Speaker 1: essentially a messaging board that discusses day trading with some 404 00:24:45,960 --> 00:24:49,800 Speaker 1: three million users who refer to themselves as the degenerates. 405 00:24:50,840 --> 00:24:53,160 Speaker 1: After the news broke that Wall Street head funds were 406 00:24:53,160 --> 00:24:57,200 Speaker 1: going to short game stock, members of the community started 407 00:24:57,200 --> 00:25:01,359 Speaker 1: a campaign for the decentralized group of independent investors to 408 00:25:01,400 --> 00:25:04,560 Speaker 1: buy up shares an attempt to squeeze the short sellers, 409 00:25:05,040 --> 00:25:07,760 Speaker 1: forcing them to buy more of the stock they were 410 00:25:07,800 --> 00:25:10,600 Speaker 1: trying to short to cover the losses as its prices 411 00:25:10,640 --> 00:25:15,520 Speaker 1: went up, not down. Many acted as their own stockbrokers, 412 00:25:15,600 --> 00:25:18,320 Speaker 1: using services like robin Hood to trade stocks at home 413 00:25:18,400 --> 00:25:22,720 Speaker 1: using smartphone apps, and guess what happened, The little guys 414 00:25:22,960 --> 00:25:29,520 Speaker 1: finally won. C Net reports that game Stock blasted their 415 00:25:29,600 --> 00:25:33,359 Speaker 1: stock through the roof. Shares were at seventeen twenty five 416 00:25:33,840 --> 00:25:36,320 Speaker 1: and ended at one hundred and fifty nine dollars on Monday. 417 00:25:36,880 --> 00:25:39,679 Speaker 1: On Tuesday, the stock price fell before rising back up 418 00:25:39,680 --> 00:25:42,840 Speaker 1: to one forty seven. Then the market rally drew the 419 00:25:42,840 --> 00:25:47,159 Speaker 1: attention of the Tesla CEO Elon Musk, who tweeted about it, 420 00:25:47,200 --> 00:25:49,520 Speaker 1: causing more people to pay attention to what was happening, 421 00:25:50,400 --> 00:25:53,960 Speaker 1: after which the stock prices soared again. As of Wednesday morning, 422 00:25:54,000 --> 00:25:56,399 Speaker 1: game stock stock was trading it more than three hundred 423 00:25:56,400 --> 00:26:00,520 Speaker 1: and fifteen dollars a share insert the little guy is winning, 424 00:26:00,600 --> 00:26:05,800 Speaker 1: which is amazing. By the way, game stop shares or 425 00:26:05,920 --> 00:26:09,199 Speaker 1: higher again as Reddit traders pushed the stock up, really 426 00:26:09,240 --> 00:26:13,520 Speaker 1: wanting to squeeze these investors, these scumbags of Wall Street. Remember, 427 00:26:13,560 --> 00:26:17,280 Speaker 1: these are the degenerates that are now doing this. The 428 00:26:17,359 --> 00:26:21,600 Speaker 1: astounding success of Reddit's campaign has some members of Wall 429 00:26:21,640 --> 00:26:25,280 Speaker 1: Street saying we got to regulate them, We got to 430 00:26:25,320 --> 00:26:27,119 Speaker 1: shut them down, because that's what they do when you 431 00:26:27,160 --> 00:26:30,480 Speaker 1: get in the game. Right, Wall Street bets community attempted 432 00:26:30,480 --> 00:26:35,480 Speaker 1: to replicate what they've done with these other companies, then 433 00:26:35,520 --> 00:26:39,360 Speaker 1: decided to do it with AMC the movie company, and BlackBerry, 434 00:26:39,400 --> 00:26:42,920 Speaker 1: the old phone that everybody had. As for the short sellers, 435 00:26:42,960 --> 00:26:46,120 Speaker 1: Melvin Capital was forced to close out in short position 436 00:26:46,520 --> 00:26:51,959 Speaker 1: Tuesday afternoon after taking massive losses. CNBC could not report 437 00:26:52,000 --> 00:26:55,639 Speaker 1: the exact amount Melvin Capital loss but did note that 438 00:26:55,960 --> 00:27:00,200 Speaker 1: Citadel in point seventy two having fused close to three 439 00:27:00,400 --> 00:27:03,760 Speaker 1: billion into the hedge fund to cover some of their 440 00:27:03,760 --> 00:27:07,960 Speaker 1: massive losses. For some of the degenerates on rereditors as 441 00:27:07,960 --> 00:27:11,920 Speaker 1: they're also called, the whole episode was amazing. It was 442 00:27:11,960 --> 00:27:15,080 Speaker 1: a meme stock that really blew up Wall Street, moderator 443 00:27:15,520 --> 00:27:19,560 Speaker 1: toldwire dot com. The massive short contributed more towards the 444 00:27:19,640 --> 00:27:23,120 Speaker 1: meme stock. In total, short sellers of lost more than 445 00:27:23,200 --> 00:27:31,080 Speaker 1: five billion dollars this month on game stock game Stop stocks, 446 00:27:31,119 --> 00:27:38,000 Speaker 1: I should say credential investors have expressed that they're angry. 447 00:27:38,760 --> 00:27:42,359 Speaker 1: Hedge fund managers sang in a now deleted tweet Michael 448 00:27:42,400 --> 00:27:47,919 Speaker 1: Burry that what they had done with game Stop was unnatural, insane, 449 00:27:47,960 --> 00:27:51,800 Speaker 1: and dangerous. Burry, who became famous for betting against the 450 00:27:51,800 --> 00:27:56,880 Speaker 1: housing bubble, was a subject of the Big Short movie Yeah, 451 00:27:57,520 --> 00:28:00,800 Speaker 1: also said there should be legal and regulatory repair cushions, 452 00:28:00,840 --> 00:28:05,399 Speaker 1: probably because he lost money. But the degenerates, as they 453 00:28:05,520 --> 00:28:08,080 Speaker 1: describe themselves, argue that what they're doing is no different 454 00:28:08,119 --> 00:28:11,840 Speaker 1: from a hedge fund taking action to manipulate a stocks price. 455 00:28:14,640 --> 00:28:20,840 Speaker 1: Insert Tucker Carlson last night saying, now the government wants 456 00:28:20,840 --> 00:28:23,159 Speaker 1: to shut down the little guy from actually making some 457 00:28:23,240 --> 00:28:25,400 Speaker 1: money doing exactly what the big guys have been doing 458 00:28:25,440 --> 00:28:30,280 Speaker 1: for decades, because the Internet's now fighting back. Hedge funds 459 00:28:30,320 --> 00:28:32,040 Speaker 1: do a lot of things to make money, but one 460 00:28:32,040 --> 00:28:35,879 Speaker 1: of those things is trading in the options market, shorting companies, 461 00:28:35,920 --> 00:28:40,080 Speaker 1: in other words, making money. When the stock price of 462 00:28:40,160 --> 00:28:44,160 Speaker 1: other companiesis American companies goods down, they lose money. Hedge 463 00:28:44,160 --> 00:28:47,600 Speaker 1: funds make money as part of the business model shorting stocks, 464 00:28:48,360 --> 00:28:51,720 Speaker 1: so borrowing shares and selling them on the expectation that 465 00:28:51,760 --> 00:28:54,840 Speaker 1: those shares will decline in value. Well. For the past 466 00:28:54,840 --> 00:28:56,920 Speaker 1: several months, hedge funds have short at the stock of 467 00:28:56,920 --> 00:29:00,440 Speaker 1: a retailer called game Stop. People online watch this. This This 468 00:29:00,600 --> 00:29:02,480 Speaker 1: kind of stuff happens all the time. And by the way, 469 00:29:02,520 --> 00:29:05,360 Speaker 1: sometimes hedge fund managers go on television We've talked about 470 00:29:05,360 --> 00:29:08,760 Speaker 1: this before on the show and attack specific companies or 471 00:29:08,760 --> 00:29:11,920 Speaker 1: whole sectors of the economy, hoping the value will go 472 00:29:12,040 --> 00:29:14,240 Speaker 1: down and they can profit from it. That's pretty ugly, 473 00:29:14,880 --> 00:29:17,360 Speaker 1: very ugly. It's very wrong. It's apparently legal, though, So 474 00:29:17,400 --> 00:29:20,560 Speaker 1: people on watch all this, and ultimately they decided to act. 475 00:29:21,240 --> 00:29:23,480 Speaker 1: A group of people on Reddit decided to buy up 476 00:29:23,640 --> 00:29:26,640 Speaker 1: game Stop options and that triggered a chain reaction that 477 00:29:26,720 --> 00:29:29,840 Speaker 1: drove game Stop share price higher and higher and higher. 478 00:29:29,840 --> 00:29:32,800 Speaker 1: As of today, shares of game Stop are up seventeen 479 00:29:32,920 --> 00:29:35,960 Speaker 1: hundred percent since the beginning of the month. That means 480 00:29:36,000 --> 00:29:39,479 Speaker 1: people on Reddit profited. People in hedge funds who are 481 00:29:39,480 --> 00:29:42,440 Speaker 1: betting that share price who could down lost money. And 482 00:29:42,560 --> 00:29:45,719 Speaker 1: that's a crime. Only people who work for hedge funds 483 00:29:45,800 --> 00:29:48,320 Speaker 1: are allowed to manipulate the market, often with the help 484 00:29:48,360 --> 00:29:53,040 Speaker 1: of CNBC. Now people are not allowed to do that. Already. 485 00:29:53,040 --> 00:29:56,840 Speaker 1: The people in charge of our system are outraged that 486 00:29:57,120 --> 00:30:02,800 Speaker 1: anyone without an official position at a hedge fund would 487 00:30:02,880 --> 00:30:07,880 Speaker 1: dare manipulate the market to their benefit. The communications platform 488 00:30:07,960 --> 00:30:10,520 Speaker 1: Discord has taken action against this. They shut down the 489 00:30:10,600 --> 00:30:15,479 Speaker 1: day traders, claiming that they're committing hate speech. In other words, 490 00:30:15,800 --> 00:30:18,320 Speaker 1: if you do what hedge funds do, but you don't 491 00:30:18,320 --> 00:30:23,360 Speaker 1: work at a hedge fund, you're a racist. Obviously, it's 492 00:30:23,400 --> 00:30:26,280 Speaker 1: just the beginning. Today, the CEO of NASDAK jumped to 493 00:30:26,280 --> 00:30:28,440 Speaker 1: the hedge fund's rescue and suggested, the day trading we 494 00:30:28,600 --> 00:30:32,680 Speaker 1: need to be halted. If we see a significant rise 495 00:30:32,680 --> 00:30:34,920 Speaker 1: in the chatter on social media channels, and then we 496 00:30:35,000 --> 00:30:38,720 Speaker 1: also match that up against unusual trading activity, we will 497 00:30:38,760 --> 00:30:42,560 Speaker 1: potentially halt that stock to allow ourselves to investigate the situation, 498 00:30:42,920 --> 00:30:44,960 Speaker 1: to be able to engage with the company, and to 499 00:30:45,000 --> 00:30:49,520 Speaker 1: give investors a chance to recalibrate their positions. So this 500 00:30:49,560 --> 00:30:52,080 Speaker 1: seems like a really big and significant story. This is 501 00:30:52,120 --> 00:30:54,120 Speaker 1: not a financial show that we're not fluent really in 502 00:30:54,160 --> 00:30:56,960 Speaker 1: this stuff. Charles pay By the way, I'm gonna let 503 00:30:56,960 --> 00:31:00,240 Speaker 1: you hear with Charles Payne, a good friend of show, 504 00:31:00,320 --> 00:31:02,720 Speaker 1: had to say about this. But you can hear now 505 00:31:02,760 --> 00:31:06,480 Speaker 1: they're freaking out. They are absolutely losing their minds and 506 00:31:06,640 --> 00:31:09,280 Speaker 1: freaking out that the little guy actually had a big 507 00:31:09,360 --> 00:31:12,760 Speaker 1: victory quickly. By the way, I got to remind you 508 00:31:12,840 --> 00:31:16,040 Speaker 1: about something. You got two days left if you want 509 00:31:16,080 --> 00:31:19,360 Speaker 1: to get in the fight on the statewide level and 510 00:31:19,560 --> 00:31:22,600 Speaker 1: join for free the number one conservative organizations in the 511 00:31:22,640 --> 00:31:24,600 Speaker 1: country AMAC, We're only gonna be able to do it 512 00:31:24,600 --> 00:31:26,880 Speaker 1: for two more days. We're gonna give you that membership now. 513 00:31:26,840 --> 00:31:32,080 Speaker 1: It'll cost you like twenty dollars after in two days, 514 00:31:32,280 --> 00:31:35,520 Speaker 1: So don't wait. Join right now. AMAC is doing something 515 00:31:35,560 --> 00:31:38,720 Speaker 1: really cool. They are actually going state by state and 516 00:31:38,880 --> 00:31:42,320 Speaker 1: organizing members because every state's going to have different fights. 517 00:31:42,360 --> 00:31:44,840 Speaker 1: They're going to have to battle against First and Second 518 00:31:44,880 --> 00:31:49,080 Speaker 1: Amendment rights being taken away from us, holding the administration 519 00:31:49,120 --> 00:31:51,360 Speaker 1: accountable for what they're doing, trying to decimate the old 520 00:31:51,400 --> 00:31:54,880 Speaker 1: and gas industry. So if you've not joined the number 521 00:31:54,920 --> 00:31:58,040 Speaker 1: one conservative organizations in the country AMAC, do it now 522 00:31:58,320 --> 00:32:00,760 Speaker 1: because it's gonna cost you about twenty in two days. 523 00:32:01,240 --> 00:32:05,440 Speaker 1: Go to ben Free online dot com. That's been free 524 00:32:05,800 --> 00:32:12,200 Speaker 1: online dot com okawww dot ben free online dot com 525 00:32:12,200 --> 00:32:15,160 Speaker 1: and you can join the number one conservative organizations in 526 00:32:15,160 --> 00:32:18,760 Speaker 1: the country and you'll get updates based on where you live. 527 00:32:19,760 --> 00:32:22,760 Speaker 1: It doesn't matter which state you live in. The battles 528 00:32:22,800 --> 00:32:26,040 Speaker 1: are going to be different state by state. You want 529 00:32:26,040 --> 00:32:27,720 Speaker 1: to get organized, you want to know what you're fighting 530 00:32:27,760 --> 00:32:29,360 Speaker 1: for in your state. You want to know how to 531 00:32:29,400 --> 00:32:32,960 Speaker 1: fight back. Go to ben free online dot com get 532 00:32:33,000 --> 00:32:36,040 Speaker 1: your free membership to AMAC now. You got two days 533 00:32:36,120 --> 00:32:37,760 Speaker 1: left to do it. After That's gonna cost you about 534 00:32:37,760 --> 00:32:39,640 Speaker 1: twenty dollars to become a member, So why pay for 535 00:32:39,720 --> 00:32:41,560 Speaker 1: it when I'm giving it to you for free right now, 536 00:32:42,000 --> 00:32:46,560 Speaker 1: ben free online dot com. Charles Payne is a guy 537 00:32:46,680 --> 00:32:50,480 Speaker 1: that really understands the little man. The little guy. I've 538 00:32:50,480 --> 00:32:52,880 Speaker 1: known Charles now for almost twenty years. He does an 539 00:32:52,880 --> 00:32:56,000 Speaker 1: incredible show over at Fox Business. He is a guy 540 00:32:56,080 --> 00:32:59,360 Speaker 1: that understands Wall Street really well. From being kind of 541 00:32:59,400 --> 00:33:02,120 Speaker 1: an outside of that became an insider and that the 542 00:33:02,160 --> 00:33:04,480 Speaker 1: little guy and the average Americans should have a chance 543 00:33:04,520 --> 00:33:07,080 Speaker 1: to make money on Wall Street is really what he 544 00:33:07,120 --> 00:33:11,880 Speaker 1: advocates for. Charles Payne was brought on Tucker's show last 545 00:33:11,960 --> 00:33:16,080 Speaker 1: night talking about what has been done by these people 546 00:33:16,680 --> 00:33:18,560 Speaker 1: on the internet to say screw you to the big 547 00:33:18,560 --> 00:33:21,120 Speaker 1: hedge Funge managers, and now Wall Street's like, well, we're 548 00:33:21,160 --> 00:33:22,440 Speaker 1: going to figure out a way to make sure this 549 00:33:22,480 --> 00:33:26,400 Speaker 1: never happens again. We're the only ones that can make money. 550 00:33:27,000 --> 00:33:29,440 Speaker 1: Take a listen to what he had to say as 551 00:33:29,440 --> 00:33:31,600 Speaker 1: he was talking to Tucker about this is a huge 552 00:33:31,760 --> 00:33:34,760 Speaker 1: victory for David and Goliath loss and now Goliath is 553 00:33:34,760 --> 00:33:37,840 Speaker 1: trying to shut down anything that they are doing. The 554 00:33:37,960 --> 00:33:40,160 Speaker 1: David's of the world are doing on the internet to 555 00:33:40,280 --> 00:33:42,000 Speaker 1: try to make some money on Wall Street doing the 556 00:33:42,040 --> 00:33:45,479 Speaker 1: same exact thing that these Wall Streets comebacks do every 557 00:33:45,560 --> 00:33:48,640 Speaker 1: single day. A really big and significant story. This is 558 00:33:48,680 --> 00:33:50,680 Speaker 1: not a financial show though we're not fluent really in 559 00:33:50,680 --> 00:33:53,520 Speaker 1: this stuff. Charles Payne is. He's hosted Making Money with 560 00:33:53,600 --> 00:33:55,840 Speaker 1: Charles Paint and Fox Business, and so we're grateful to 561 00:33:55,840 --> 00:33:57,800 Speaker 1: have him on tonight to explain what is going on 562 00:33:57,800 --> 00:33:59,960 Speaker 1: and what it means. Charles, thanks for coming on. Hey, Tucker, 563 00:34:00,040 --> 00:34:01,280 Speaker 1: you hit a whole lot of it, but let me 564 00:34:01,320 --> 00:34:03,640 Speaker 1: just fill it in a little bit more. Because not 565 00:34:03,760 --> 00:34:08,440 Speaker 1: only are these folks, these hedge funds selling the stock, 566 00:34:08,760 --> 00:34:11,520 Speaker 1: they don't own the stock, so they borrow it. Imagine 567 00:34:11,520 --> 00:34:14,120 Speaker 1: you borrow a stock that's trading at ten dollars and 568 00:34:14,160 --> 00:34:17,120 Speaker 1: then you drive the share price down and then you 569 00:34:17,160 --> 00:34:20,080 Speaker 1: buy it back for a dollar. You make the difference 570 00:34:20,160 --> 00:34:23,680 Speaker 1: nine bucks. And to your point, they're allowed to short 571 00:34:23,800 --> 00:34:26,280 Speaker 1: so much stock. Do you know the amount of stock 572 00:34:26,360 --> 00:34:28,799 Speaker 1: that was out on Game Stop. Let's just say one 573 00:34:29,239 --> 00:34:31,800 Speaker 1: percent of the shares that are out, Well, they shorted 574 00:34:31,800 --> 00:34:35,440 Speaker 1: one hundred and forty percent of the stock. So they 575 00:34:35,520 --> 00:34:38,960 Speaker 1: borrowed the same stock over and over and over, the 576 00:34:39,040 --> 00:34:42,400 Speaker 1: same shares and sold it into the market over the 577 00:34:42,400 --> 00:34:45,440 Speaker 1: Their job, their mission was to drive Game Stop to 578 00:34:45,680 --> 00:34:51,000 Speaker 1: zero zero. No one said a word on any financial network, 579 00:34:51,040 --> 00:34:54,319 Speaker 1: particularly CNBC, which always lets the shorts come on and 580 00:34:54,360 --> 00:34:58,440 Speaker 1: a sale go to war with companies almost voiceless companies. 581 00:34:58,760 --> 00:35:02,080 Speaker 1: So what happens. Some people give wind to this, these 582 00:35:02,120 --> 00:35:05,239 Speaker 1: folks that you said on, these these individual investors, they 583 00:35:05,320 --> 00:35:07,800 Speaker 1: decide to buy the stock up. They start to pressure 584 00:35:07,840 --> 00:35:11,760 Speaker 1: the shorts. It's called a short squeeze, and it's working. 585 00:35:12,040 --> 00:35:14,480 Speaker 1: And Wall Street is losing its mind. And Wall Street 586 00:35:14,560 --> 00:35:17,840 Speaker 1: now wants to change the rules of the game because 587 00:35:17,880 --> 00:35:20,560 Speaker 1: a bunch of people would accounts arranging for a five 588 00:35:20,680 --> 00:35:23,680 Speaker 1: hundred dollars, the twenty five hundred dollars are taking down 589 00:35:23,840 --> 00:35:29,320 Speaker 1: the billionaires amazing. So the options, I mean, it's a 590 00:35:29,400 --> 00:35:32,120 Speaker 1: much longer conversation about where the options market actually helps 591 00:35:32,160 --> 00:35:34,560 Speaker 1: the real American economy in any way. But unless I'm 592 00:35:34,560 --> 00:35:39,279 Speaker 1: missing what you're saying, when individual investors tried to do 593 00:35:39,680 --> 00:35:43,120 Speaker 1: what hedge funds do every day but to the benefit 594 00:35:43,120 --> 00:35:45,799 Speaker 1: of game stop, they're not racist for doing that, and 595 00:35:45,840 --> 00:35:49,839 Speaker 1: they need to be purged from the internet. Well, you know, 596 00:35:50,120 --> 00:35:52,440 Speaker 1: in any war, the first thing you want to do 597 00:35:52,480 --> 00:35:55,719 Speaker 1: is cut off the line of communication. So hence they 598 00:35:55,719 --> 00:35:58,160 Speaker 1: are going to be cutting off this discord, right, They're 599 00:35:58,160 --> 00:36:01,120 Speaker 1: not going to allow the communication. You do that, then 600 00:36:01,160 --> 00:36:04,480 Speaker 1: you start to change other rules of the game. Clearly, 601 00:36:04,640 --> 00:36:07,040 Speaker 1: Charles Payne, I really appreciate your coming on tonight. Thank you. 602 00:36:07,360 --> 00:36:09,640 Speaker 1: I love this by the way. Finally, and I don't 603 00:36:09,680 --> 00:36:13,560 Speaker 1: think they're gonna let them win again, right. MSNBC is 604 00:36:13,600 --> 00:36:16,360 Speaker 1: watched by the elites. They're not gonna and they'll let 605 00:36:16,400 --> 00:36:18,360 Speaker 1: anybody come on and destroy a company as long as 606 00:36:18,400 --> 00:36:20,080 Speaker 1: they can make money for the other elites. They're not 607 00:36:20,160 --> 00:36:22,759 Speaker 1: gonna let this go like, they're gonna make sure this 608 00:36:22,800 --> 00:36:26,279 Speaker 1: cannot happen every week. Hell, they're gonna make sure it 609 00:36:26,280 --> 00:36:29,759 Speaker 1: can't happen once a year. That's why they're gonna shut 610 00:36:29,760 --> 00:36:32,759 Speaker 1: down these Reddit forums saying, oh, these Reddit forums. You 611 00:36:32,840 --> 00:36:38,040 Speaker 1: can't actually come on, you can't actually let this go right, 612 00:36:38,080 --> 00:36:43,560 Speaker 1: you can't actually say that this should happen. We're gonna 613 00:36:43,560 --> 00:36:45,600 Speaker 1: make sure it never happens again, because we are the 614 00:36:45,640 --> 00:36:49,600 Speaker 1: only ones that can make money. So we'll shut it down. 615 00:36:50,320 --> 00:36:52,280 Speaker 1: We'll make sure that you guys never have an opportunity 616 00:36:52,320 --> 00:36:55,080 Speaker 1: to do it again. You never have a chance to 617 00:36:55,120 --> 00:36:58,000 Speaker 1: do it again. We're gonna shut you down. We're gonna 618 00:36:58,000 --> 00:37:03,160 Speaker 1: silence you. We're gonna make that the little man can't, 619 00:37:03,200 --> 00:37:07,920 Speaker 1: the David's of the world cannot have success. Ever, that 620 00:37:08,040 --> 00:37:11,839 Speaker 1: is exactly what they're advocating for. And I'll tell you, 621 00:37:12,040 --> 00:37:14,319 Speaker 1: I think this is one of the greatest things, the 622 00:37:14,360 --> 00:37:16,800 Speaker 1: fact that Elon Musk is screwing with Wall Street, the 623 00:37:16,880 --> 00:37:20,080 Speaker 1: way that he is bringing attention to when this stuff happens. 624 00:37:20,600 --> 00:37:27,839 Speaker 1: I love it. I genuinely love what has happened here. 625 00:37:28,920 --> 00:37:34,360 Speaker 1: It is amazing what is happening all right? Quick reminder, 626 00:37:34,400 --> 00:37:37,040 Speaker 1: our podcast is up every single day, so if you 627 00:37:37,120 --> 00:37:40,200 Speaker 1: missed any of our back episodes, go back and check 628 00:37:40,239 --> 00:37:43,400 Speaker 1: them out. Also, so we can communicate with you directly. 629 00:37:44,040 --> 00:37:47,120 Speaker 1: Make sure that you subscribe for free to our text 630 00:37:47,160 --> 00:37:48,719 Speaker 1: messaging so that we can get in touch with you 631 00:37:49,000 --> 00:37:53,200 Speaker 1: in case big Tech makes us disappear. All you gotta 632 00:37:53,280 --> 00:37:59,800 Speaker 1: do is literally text us to five five four three three. 633 00:38:00,200 --> 00:38:03,640 Speaker 1: That's our phone number, five five four three three, your 634 00:38:03,680 --> 00:38:06,680 Speaker 1: text itself. Just send the word Ben and hit send. Okay, 635 00:38:06,800 --> 00:38:08,799 Speaker 1: so where you'd normally right like hey, honey, what do 636 00:38:08,800 --> 00:38:10,759 Speaker 1: you want for dinner? Or Hey, what time will you 637 00:38:10,760 --> 00:38:13,320 Speaker 1: be here? Just write the word Ben and hit send 638 00:38:13,600 --> 00:38:16,839 Speaker 1: our phone number again, five five four three three. That's 639 00:38:16,840 --> 00:38:20,359 Speaker 1: five five four three three. Text the word Ben. All right. 640 00:38:20,480 --> 00:38:23,960 Speaker 1: I will see you guys back here tomorrow on our podcast. 641 00:38:24,160 --> 00:38:25,520 Speaker 1: Have a great day.