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Speaker 1: All right, our two Sean Hannity Show. Thanks for being

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Speaker 1: with us eight hundred and ninety four one Sean, if

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Speaker 1: you want to be a part of the program. All right, So,

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Speaker 1: how worried, how concerned should Americans be about this banking collapse,

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Speaker 1: these banking stocks and Joe Biden. Look the entire administration,

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Speaker 1: they've they've settled on telling you one thing after another.

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Speaker 1: Everything is safe, everything is secure, everything is solid, okay,

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Speaker 1: And then Joe Biden says no losses will be borne

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Speaker 1: by taxpayers over the bank closures. Now, remember your FDIC

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Speaker 1: insurance goes up to two hundred and fifty thousand dollars.

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Speaker 1: I keep calling this Biden's billionaire bailout because regardless of

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Speaker 1: what people had in terms of FDIC insurance, he's guaranteeing

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Speaker 1: all the money will be paid back. But he says

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Speaker 1: no losses will be borne by the American taxpayers over

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Speaker 1: the bank closures. So I guess that means that Joe Biden,

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Speaker 1: maybe his son Hunter will kick in, maybe his brother

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Speaker 1: Jim will kick in. But apparently they're telling you you're

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Speaker 1: not gonna have to pay a penny. Listen to Joe,

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

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Speaker 1: I'm gonna rest assured they'll be protected and they'll have

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Speaker 1: access to their money. As of today, that includes small

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Speaker 1: businesses across the country that bank there and need to

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Speaker 1: make payroll, pay their bills, and stay open for business.

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Speaker 1: No losses will be in iman. This is an important point.

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Speaker 1: No losses will be borne by the taxpayers. I'm gonna

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

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Speaker 1: the money will come from the fees at banks paying

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Speaker 1: to the deposit Insurance Fund. Okay, If the taxpayers aren't

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Speaker 1: going to pay it, where's Joe getting the money from?

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Speaker 1: Because the money's got to come from somewhere. There was

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Speaker 1: an interesting piece in The New York Post today that

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Speaker 1: you Joe decides to toss out the rule book and

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Speaker 1: guarantee deposits that exceed two hundred fifty thousand dollars. Okay,

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Speaker 1: so why well? The New York Post reports that the

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Speaker 1: Biden administrations moved to protect customer deposits at the Silicon

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Speaker 1: Valley Bank is rankling critics who call it a gift

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Speaker 1: to wealthy Democratic donors in the tech sector. I call

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Speaker 1: it Biden's billionaire bill out myself, even as mom and

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Speaker 1: pop investors are getting burned in this deal. Quote. This

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Speaker 1: is a bail out, and the account holders they bailed

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Speaker 1: out are Democrats. According to one tech insider quote, Silicon

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Speaker 1: Valley Bank is the bank Democrats. They're looking out for

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Speaker 1: their own If it was the Bank of MAGA, what

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Speaker 1: are the chances it would be bailed out? Not a

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Speaker 1: chance in hell. They're saving democratic donors. But who are

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Speaker 1: the equity holders? The tech insider notice retirement funds bought

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Speaker 1: into this. Many are policeman, teachers, fireman's just trying to retire. Meanwhile,

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Speaker 1: equity and bondholders were completely wiped out as part of

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Speaker 1: the rescue. State regulators and the FDIC anyway here to

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Speaker 1: shed light on this, and more importantly, will this become

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Speaker 1: a contagion because we now have more banks that are

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Speaker 1: losing massive amounts of equity in the markets even still today.

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Speaker 1: Steve Moore, author of Trump and Omics, is with us.

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Speaker 1: David Bonsen is back with us, author of There's No

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Speaker 1: Free Lunch, two hundred and fifty Economic Truths. Welcome both

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Speaker 1: of you back to the program. Steve Moore, I guess

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Speaker 1: everyone should be very, very comfortable and reassured that we're

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Speaker 1: not going to be paying for this Biden billionaire bailout. Well, Sean,

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Speaker 1: first of all, you're exactly right to call this a

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Speaker 1: billionaire bailout. It is. It is for billionaires, and it

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Speaker 1: is a bailout. And by the way, I'll leave it

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Speaker 1: to David, who's the market expert, to talk about whether

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Speaker 1: there's a contagion effect here. But I've got to tell you,

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Speaker 1: you know, I'm pretty libertarian in my view. I want

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Speaker 1: very limited government, but I've always supported deposit insurance for

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Speaker 1: the average you know, average middle class deposit holders, so

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Speaker 1: they can feel secure when they put their money into

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Speaker 1: a bank. But now we're talking about not the mom

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Speaker 1: and top shop investor and not the person next door,

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Speaker 1: but as you said, millionaires and billionaires who have accounts

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Speaker 1: millions and tens of millions of dollars in these deposit accounts,

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Speaker 1: and now they're going to be essentially ensured by the

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Speaker 1: US taxpayer. This money obviously has to come from the taxpayer,

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Speaker 1: because where else who will come from. One other quick point,

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Speaker 1: it's also not fair to raise the fees on the

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Speaker 1: banks that acted responsibly because of the fact that you've

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Speaker 1: got these irresponsible banks likes of Silicon Valley Bank. David Bonson,

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Speaker 1: let me ask you about Moody's outlook on this on

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Speaker 1: the US banking system, It's negative, citing a quote rapidly

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Speaker 1: deteriorating operating environment, a pretty harsh blow to an already

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Speaker 1: reeling sector. Moody's Investor Services cut its view on the

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Speaker 1: entire banking system from negative to negative from stable. The firm,

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Speaker 1: part of three Rating Services, said Monday that it's making

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Speaker 1: the move in light of key bank failures and prompting

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Speaker 1: regulators now to step in with drastic rescue plans for

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Speaker 1: depositors and other institutions. What do you make of that?

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Speaker 1: How big an impact is that going to have? Well,

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Speaker 1: Moody's going to a more negative outlook is kind of

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Speaker 1: a little late to the party. It's a backward looking

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Speaker 1: and I don't think in and of itself it creates

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Speaker 1: a problem. It more reflects a problem. Sean. But let

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Speaker 1: me answer the question about the general risk and the

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Speaker 1: reality here and do so in the most non political objective. Honestly,

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Speaker 1: I can we have fractional reserve banking in our country?

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Speaker 1: Everybody knows that the banks don't have the money in

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Speaker 1: the back room that you give them. And we've chosen

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Speaker 1: as a society for over a hundred years to do that,

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Speaker 1: and there's rozan cons to it. But what you have

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Speaker 1: to do if you're going to have fractional reserve banking

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Speaker 1: is not allow people to think that their deposits are

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Speaker 1: ever at risk. And this is a self fulfilling prophecy problem.

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Speaker 1: You don't have a problem if no one thinks you do,

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Speaker 1: and you do have a problem if people start thinking

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Speaker 1: there's a problem, and the reality is that they were

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Speaker 1: not at all worried about Silicon Valley Bank depositors. They

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Speaker 1: were worried about contagion, because contagion is very difficult to

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Speaker 1: slow once it starts. The problem I have is not

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Speaker 1: necessarily then deciding to go say we're going to cover

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Speaker 1: these uninsured depositors. I don't like it, and I may

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Speaker 1: very well be against it because I think there were

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Speaker 1: better solutions available. But the far bigger problem, Sean, is

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Speaker 1: why it was necessary to begin with what was Dodd

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Speaker 1: Frank for? Why did they pass Dodd Frank if well,

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Speaker 1: it was Barney Frank who sits on the board of

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Speaker 1: what are these failed banks? Banks? That was lobbying to

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Speaker 1: get the regulation that he put as law changed. But

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Speaker 1: let me let me give you, let me throw a

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Speaker 1: number out of you, because I'm really concerned about this.

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Speaker 1: The four biggest US banks combine lost fifty two billion

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Speaker 1: in market value. I'm talking about City Group, JP Morgan,

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Speaker 1: Chase Wills, Fargo, Bank of America. Now to credit JP Morgan.

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Speaker 1: They predicted this very bank would have this problem because

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Speaker 1: of Biden inflation. Remember he inherited one point four percent.

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Speaker 1: Inflation rate went up to nine point one thereabouts, and

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Speaker 1: as a result, the Fed goes crazy raising interest rates.

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Speaker 1: And this bank out in Silicon Valley had invested, you know,

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Speaker 1: a fortune in long term ten year treasuries and then

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Speaker 1: when the money came due and they had to pay

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Speaker 1: their depositors, they had to sell at a huge, massive

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Speaker 1: loss for the bank. Again, the root cause of it

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Speaker 1: is Biden inflation. But if you look at the four

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Speaker 1: biggest US banks, fifty two billion of lost value as

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Speaker 1: of yesterday and at one point eight billion dollars loss

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Speaker 1: and deals, etc. Etc. JP Morgan, they lost twenty two billion.

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Speaker 1: Bank of America sixteen billion, Wells Fargo ten billion, City

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Speaker 1: Bank four billion. What does that tell you. But Sean,

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Speaker 1: JP Morgan's market cap has four hundred billion dollars and

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Speaker 1: on Friday it was four hundred and twenty billion. So

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Speaker 1: we're still not talking about a significant systemic risk to

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Speaker 1: the big banks. Those guys are fine, they have it's

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Speaker 1: still little banks. The dog Frank was always the bill

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Speaker 1: that keeps on giving for the bigger banks. And that's

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Speaker 1: what's happening here is the outflows are going into JP Morgan.

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Speaker 1: They're not coming out of JP Morgan. It's scared depositors

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Speaker 1: at other banks. Now, the depositors of silicon valleys should

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Speaker 1: have been scared because their deposit base was all shiny objects,

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Speaker 1: crypto companies, unprofitable tech companies, and they built up a

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Speaker 1: big bubble that was Fed induced. And that was the

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Speaker 1: point in the article I wrote for National Review yesterday

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Speaker 1: that Sean, the FED blew this bubble up and then

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Speaker 1: they burst it. They did the damage. They were at

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Speaker 1: the scene of it. Oh wait a minute, did the

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Speaker 1: FED do it? Hang on a second. Now, the Fed

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Speaker 1: had to deal with Biden's inflation. Biden's inflation was caused

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Speaker 1: by Biden's economic policies and energy policies. So we have

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Speaker 1: a forty year high. It wasn't transitory month after month,

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Speaker 1: year after year now with Joe Biden. So as a result,

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Speaker 1: the FED to deal with inflation, they raise interest rates.

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Speaker 1: Is that would be the normal rational solution according to

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Speaker 1: any economists that I would speak to. If you think

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Speaker 1: that's different, you tell me. And as a result, the

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Speaker 1: FED cannot create the energy pipelines that Biden administration took

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Speaker 1: away the FED by tightening this tightly. First of all,

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Speaker 1: core goods inflation right now is one percent. The inflation

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Speaker 1: for goods has run down seven months in a row.

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Speaker 1: What Biden did has kill the supply side of the

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Speaker 1: economy and there's nothing that the FED can do about that.

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Speaker 1: But I'm referring to the bigger problems on is In

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Speaker 1: twenty twenty one, this bank brought in one hundred billion

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Speaker 1: dollars of new assets. How do they do that because

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Speaker 1: we were in a bubble from zero percent interest rates

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Speaker 1: with Silicon Valley, So they went from over fifty billion

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Speaker 1: to one hundred and eighty seven billion, I think is

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Speaker 1: the number that's right. And where in the world do

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Speaker 1: you get over one hundred billion dollars of new deposits?

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Speaker 1: You get it so then and they put all of

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Speaker 1: that money in treasuries, etc. Etc. And then all of

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Speaker 1: a sudden interest rates rise rapidly. And why would they

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Speaker 1: put one hundred billion into long dated treasuries at one

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Speaker 1: or two percent? Because the moral hazard the FED had created,

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Speaker 1: the believing that they were never going to have to

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Speaker 1: get off of this, and they kept it there for

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Speaker 1: three years. It's one thing that the FED wand to zero.

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Speaker 1: So there there were ten years, there were ten year treasuries,

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Speaker 1: as I understand it. Yeah, that's right. So why would

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Speaker 1: they go to ten year treasuries and not hedge the

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Speaker 1: interest rate risks? There is in this country that would

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Speaker 1: do that. It was the dumbest thing I've ever seen.

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Speaker 1: And the regulators apparently found out about it three days ago.

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Speaker 1: Probably need more. That's a great question. I mean, I

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Speaker 1: think that's the dumbest move I ever heard. Also, you know,

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Speaker 1: I wrote a piece in the Wall Street Journal about

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Speaker 1: three or four years ago saying that we had record

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Speaker 1: low interest rates, and why doesn't the federal government, you know,

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Speaker 1: which is the biggest follower in the world, with you know,

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Speaker 1: thirty tillion dollars of debt, Why isn't it locking in

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Speaker 1: these long term rates because it was obvious to anyone,

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Speaker 1: almost anyone, that the era of zero interest rates that

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Speaker 1: David is talking about was coming to an end. So

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Speaker 1: don't you know rewarding these banks for their stupidity in

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Speaker 1: thinking that they're gonna we're gonna have zero interest rates forever.

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Speaker 1: And I want to make another quick point about this.

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Speaker 1: Look we get we're now in this ent of what

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Speaker 1: they call too big to fail in corporate America. This

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Speaker 1: bank is too big, this manufacturing company is too big.

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Speaker 1: You know who's not too big to fail? John, You

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Speaker 1: and me and the people listening to this show. And

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Speaker 1: I'm just sick of us getting screwed by dad decisions

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Speaker 1: that businesses make in combination with them the government giving

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Speaker 1: them a big safety nut. See, I'm agreeing with both

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Speaker 1: of you, and I think let me ask you this question.

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Speaker 1: I didn't get the numbers as of today. I'll get

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Speaker 1: them by the end of the day. Well, I want

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Speaker 1: to add up all the numbers these smaller banks, their

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Speaker 1: stocks are crashing, David bonson, what does that mean? How

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Speaker 1: do we interpret that? Are they on the verge of failing?

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Speaker 1: Is that the contagion possibility? Yeah? And this is why

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Speaker 1: they were ensuring the deposits yesterday above two hundred and

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Speaker 1: fifty thousand was to try to put people at ease.

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Speaker 1: And there is a little recovery going on today as

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Speaker 1: we're talking with some of those banks, but they're way

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Speaker 1: way down over the last week and there's no reason

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Speaker 1: for it. All right, quick break more with our economic

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Speaker 1: expert Steve Moore and David Bonson on the other side.

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Speaker 1: We'll get to your calls. The other news of the

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Speaker 1: day as well. Eight hundred and nine four one sewn

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Speaker 1: as we continue, Look, your friend Shan handed here, it's

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Speaker 1: tax season again. The deadline to file your taxes is

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Speaker 1: right around the corner. But what do you do if

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Speaker 1: you already owe the irs or you haven't filed a

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Speaker 1: return in a few years. Forty two thousand federal employees

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Speaker 1: apparently haven't. Wow anyway, Folks, every minute you put off

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Speaker 1: dealing with it, the IRS is burying you in penalties

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Speaker 1: and interests, and you are crazy to try to deal

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Speaker 1: with the IRS on your own. Look, you'll get crushed.

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Speaker 1: You need to call my friends at Rush Tax Resolution.

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Speaker 1: I've been talking about Rush Tax now for years, and

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Speaker 1: that's because they are the only ones that I trust

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Speaker 1: and recommend. If you're a business owner, you're behind on

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Speaker 1: payroll taxes, did you know that the IRS has the

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Speaker 1: power to shut you down and come after you personally

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Speaker 1: for that money. Now, Rush Tax can protect you and

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Speaker 1: your business today. If you have these issues called now

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Speaker 1: it's toll free eight hundred four eight five three zero

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Speaker 1: two one, and rush Tax will tell you upfront and

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Speaker 1: for free if they can help you, and they'll only

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Speaker 1: take your case if they know they can help eight

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Speaker 1: hundred four eight five thirty twenty one. Eight hundred eight

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Speaker 1: five thirty twenty one. On the web, it's rush Tax

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Speaker 1: resolution dot com. One thing we've always known about Hannity,

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Speaker 1: he stands up for what he believes in, and what

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Speaker 1: you believe in follow Hannity is he fights the left

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Speaker 1: who are trying to extinguish conservative voices. John Hannity, all right,

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Speaker 1: we continue looking at this banking debacle of Biden and

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Speaker 1: Biden's billionaire bailout with Steve Moore and David bonson what

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Speaker 1: percentage or a lot of these banks down? What? Well,

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Speaker 1: the First Republic is a massive bank and they're down

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Speaker 1: sixty six percent on the year, but they're up thirty

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Speaker 1: percent today, So I think that the market is starting

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Speaker 1: to feel that, Okay, they're not going to go out

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Speaker 1: of business. But you're talking about some of these banks

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Speaker 1: sean to have five and six times the protective equity

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Speaker 1: the Silicon Valley Bank did. Silicon Valley was a particularly

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Speaker 1: stupid bank. The other banks that they look they do

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Speaker 1: not have the vulnerabilities unless everyone thinks they have the vulnerabilities.

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Speaker 1: Your deposit base going away changes your financial strength, and

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Speaker 1: that you can't have a run on those banks in

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Speaker 1: a fractional reserve banking system. That's what I want people

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Speaker 1: to understand. And my point is that Todd Frank was

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Speaker 1: supposed to keep this from happening, and right now, Look,

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Speaker 1: I'll pick on Joe Biden any day with anybody. Nobody

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Speaker 1: could be as critical of him as I am. In

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Speaker 1: this case, he's left with no good options because if

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Speaker 1: you let all those depositors lose money, even will hang

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Speaker 1: on a second. I'm not willing to give him that pass.

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Speaker 1: Because JP Morgan wrote about this in November, and if

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Speaker 1: JP Morgan saw this coming, why didn't they see it coming?

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Speaker 1: That's on them. Last twenty seconds, Steve Well, great question,

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Speaker 1: and again the fact of the matter is that the

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Speaker 1: people really who are going to come out behind them,

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Speaker 1: this our average middle class Americans. And this is why

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Speaker 1: Trump was popular because it was basically he was he

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Speaker 1: was talking to the middle class against big business, big banks,

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Speaker 1: big government all in kind of cahoots. And this only,

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Speaker 1: this incident only kind of encourages that kind of, you know,

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Speaker 1: skepticism about whether our government is living for the average person.

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Speaker 1: I got to run Steve Moore, David Bonson. I appreciate

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Speaker 1: both of you. Eight hundred and nine four one sewn

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Speaker 1: on number. You want to be a part of the program,

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Speaker 1: we still have. Joe Takapina is President Trump on the

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Speaker 1: verge of being indicted in New York. He's the attorney

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Speaker 1: for President Trump. You'll join us quick break, right back

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Speaker 1: your calls on the other side, straight ahead. All right, listen,

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Speaker 1: there's a whole lot of stories I haven't gotten to here,

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Speaker 1: and I know we're really dialed in. I know everybody.

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Speaker 1: If you're being told by people, just stay calm. Everything's

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Speaker 1: fine about the banking system. I'm just telling you don't

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Speaker 1: believe them. I'm not saying that there's a pending collapse.

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Speaker 1: I'm not saying that I just see what looks like

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Speaker 1: a very volatile situation unfolding, and I think they're just

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Speaker 1: trying to calm people, and they'll say anything to calm

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Speaker 1: people down. Now, when it comes to your money, you've

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Speaker 1: got to be smart. Probably a good time to check

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Speaker 1: in with your financial advisor, your accountant, people that you

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Speaker 1: know and respect that do this for a living. I

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Speaker 1: don't do it professionally. That's why we bring on experts

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Speaker 1: like we did at the top of this hour, Steve

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Speaker 1: Moore and David Bonson. This is what they do every day.

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Speaker 1: And you know this absolutely, according to the expert, could

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Speaker 1: get a lot worse before it gets better. So I'm

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Speaker 1: just urging all of you to be careful. There is

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Speaker 1: other news out there. They'll give you an example about

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Speaker 1: New York City police. Now, you know, with the Democratic

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Speaker 1: parties unrelenting rhetoric about you know, systemic racism and law

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Speaker 1: enforcement and defund and dismantle and no bail laws. What

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Speaker 1: you're seeing is even in a city like New York City,

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Speaker 1: which has a minority majority police force, the majority of

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Speaker 1: police officers or minorities, they're leaving, they're quitting. They've had

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Speaker 1: enough in just the last two months two and thirty

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Speaker 1: nine cops quit thirty six percent, increased from just this

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Speaker 1: period last year. You know, it's a tremendous spike from

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Speaker 1: even two years ago. And this year's figures show the

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Speaker 1: highest number of police departures since a contract dispute, going

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Speaker 1: all the way back to two thousand and seven. Now

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Speaker 1: this news comes as New York City is facing a

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Speaker 1: massive crime increase under Democratic Mayor Eric Adams. Robberies, burglaries,

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Speaker 1: felony assaults, grand larcenies, other crimes. You know, they are

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Speaker 1: already up from last year's high, now up another twenty

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Speaker 1: two percent since last year, and cops field that they're

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Speaker 1: not supported and they can do their job. Out in

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Speaker 1: San Francisco, they have a proposal, a draft reparations proposal

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Speaker 1: that will include five million, a lump sum payment for

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Speaker 1: each eligible black person. That they could make San Francisco

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Speaker 1: the first major city in the US to fund reparations.

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Speaker 1: I remember Gavin Nusson is talking about some six hundred

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Speaker 1: and however many billions of dollars that they're willing to

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Speaker 1: spend out in California. I don't know how they're going

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Speaker 1: to afford it. I don't know how. I don't know

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Speaker 1: the criteria either. You might find this interesting, Linda, I

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Speaker 1: don't know if you've heard what Pope Francis says that

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Speaker 1: the Catholic Church banning priests from engaging in sex is temporar.

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Speaker 1: Did you see that? I did see it. Okay, he's

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Speaker 1: an enlightening pope, I must say, really, just expanding the

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Speaker 1: church in the most interesting ways. You know, first, what

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Speaker 1: did he have Instagram? Then he had a book deal,

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Speaker 1: then he's on social media. So the Catholic Church began

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Speaker 1: requiring celibacy in the eleventh century. Let's go back even

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Speaker 1: further now, Jesus had twelve apostles. According to my understanding

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Speaker 1: of scriptures, eleven of the twelve apostles were married. He didn't,

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Speaker 1: He didn't demand that of his own disciples, right that

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Speaker 1: he panchos. In the early years of the church, until

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Speaker 1: the eleventh century, clergy with no children were more likely

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Speaker 1: to leave their money to the church. But then the issue,

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Speaker 1: the fear, I believe, became about the issue of divorce

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Speaker 1: and the church potentially losing property. By the way, that

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Speaker 1: issue can be resolved quickly, at least in the United States,

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Speaker 1: And I would asume most countries with something called the

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Speaker 1: prenuptial Agreement. And anyway, the Vatican ban sex among priests,

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Speaker 1: although it's you know, base calls to terminate the rule,

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Speaker 1: et cetera, but not allowing priests to marry, which is

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Speaker 1: Catholic doctrine that you wouldn't have sex until you got married.

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Speaker 1: Putting aside that debate for a different day. Allowing them

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Speaker 1: to marry, I think that you would get probably a

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Speaker 1: higher number of people that would be willing to serve

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Speaker 1: in the priesthood if they could live, you know, a

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Speaker 1: life with a family as well. Also, if you don't

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Speaker 1: have a family, you know, and you're not married, you know,

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Speaker 1: how can you possibly really counsel couples that are dealing

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Speaker 1: with real life issues. I don't know how that's possible.

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Speaker 1: You make, you make some really good points, Sean. I

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Speaker 1: have to say I kind of agree with you on this.

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Speaker 1: I know there's a lot of Catholics out there. They're

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Speaker 1: gonna hate me for that, you know, as a former Catholic,

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Speaker 1: you know, and you know, I still attend the Catholic

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Speaker 1: Church from time to time. I'm a practicing Christian. I

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Speaker 1: belong to my church as you well know with Pastor

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Speaker 1: Tim and you know, I believe that you know, pre

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Speaker 1: should be allowed to get married. I also believe that

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Speaker 1: nuns should be allowed to get married. You know, there

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Speaker 1: should be some equity in the church for sure. There.

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Speaker 1: I don't really understand the whole idea of being married

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Speaker 1: to God. I don't think that you need to say

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Speaker 1: you're married to God when you devoted your life to God,

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Speaker 1: which these people clearly have. And I don't think that

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Speaker 1: you can give to pay into counseling pre kana, right,

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Speaker 1: that's what it's called when you're Catholic. So for a

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Speaker 1: thousand years they allowed this, and then you got to ask, well,

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Speaker 1: why did they change the rule? And I think that

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Speaker 1: I think at the end of the day, it had

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Speaker 1: to do with money. But it always has to do

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Speaker 1: with money. Money is the root of all evil. You know,

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Speaker 1: that expression exists for a reason. But I think if

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Speaker 1: we're sensible and using common sense, it makes sense for

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Speaker 1: people to be able to be in love have that

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Speaker 1: part of their lives, because then they can lead their parishes,

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Speaker 1: their churches, their congregations from a place of knowledge, from

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Speaker 1: a place of experience. You know what my pastor says, listen,

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Speaker 1: I feel you. You know, marriage is hard. I'm like, well,

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Speaker 1: he knows. He's been married for forty years. You know.

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Speaker 1: In other news, you have a merrilland teacher who describes

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Speaker 1: herself as proud as f to be a liberal, bragging

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Speaker 1: about how she indoctrinates her students and call for an

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Speaker 1: urgent fight against capitalism, while adding revolutions involve violence. Right.

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Speaker 1: If you run into teachers like this that think that

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Speaker 1: they have the right to indoctrinate children rather than educate children,

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Speaker 1: maybe it's time to fire them. Just a quick thought.

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Speaker 1: One Florida university reportedly denied a white student. This was

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Speaker 1: on foxnews dot Com mental health access because quote, the

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Speaker 1: person is white. How about anybody that needs mental health

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Speaker 1: services gets the service they need right away? Anyway, The

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Speaker 1: student at USF was reportedly denied mental health services because

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Speaker 1: he was not a member of the black, Indigenous, and

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Speaker 1: people of color community, according to the communications obtained by

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Speaker 1: the Campus Reform. That's a sad story. I thought we're

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Speaker 1: all supposed to love each other and treat everybody the same.

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Speaker 1: It's pretty unbelievable. Anyway. Eight hundred nine for one, Shawn

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Speaker 1: our number. If you want to be a part of

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Speaker 1: the program. At the top of the hour, will check

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Speaker 1: in with the President's attorney. President Trump's attorney Joe Takapina

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Speaker 1: all these reports that a possible indictment against Donald Trump

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Speaker 1: is imminent, will get his take on it. Let's say

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Speaker 1: hi to Ronda's in Oklahoma. Ronda, how are you. I'm good, Sean,

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Speaker 1: thanks for taking my call. Hi, thank you. Yesterday with

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Speaker 1: Jim Jordan and he acknowledged that nothing's been done with

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Speaker 1: the evidence we have already on Hunter and it's been

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Speaker 1: three years. I think they're just trying to wait two

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00:24:48,040 --> 00:24:50,680
Speaker 1: more years to see if the statue of limitation runs out.

428
00:24:50,720 --> 00:24:52,960
Speaker 1: But don't think it will happen with treason and fraud.

429
00:24:53,040 --> 00:24:56,960
Speaker 1: But maybe my question is, is there some kind of

430
00:24:56,960 --> 00:25:00,000
Speaker 1: a workaround if the dj and the FBI just don't

431
00:25:00,200 --> 00:25:03,240
Speaker 1: their job. The workaround as you defund it. That's the

432
00:25:03,320 --> 00:25:07,800
Speaker 1: only option that the Republicans would have, you know, if

433
00:25:08,240 --> 00:25:12,720
Speaker 1: we're gonna find out just how deep deeply rooted the

434
00:25:12,880 --> 00:25:17,320
Speaker 1: FBI being politicized is. If if it is that bad,

435
00:25:17,960 --> 00:25:21,600
Speaker 1: I suspect it's possible, based on my own conversations with

436
00:25:21,600 --> 00:25:26,320
Speaker 1: whistleblowers on air. Whistleblowers off air, and people that I

437
00:25:26,400 --> 00:25:29,399
Speaker 1: know that were agents and served in the FBI themselves,

438
00:25:30,760 --> 00:25:34,920
Speaker 1: they are telling me it's not the same FBI any longer,

439
00:25:35,119 --> 00:25:38,720
Speaker 1: that the FBI has gone woke, that the FBI's politicized,

440
00:25:39,040 --> 00:25:42,960
Speaker 1: and that the FBI has two systems of justice. Now,

441
00:25:43,480 --> 00:25:47,879
Speaker 1: after these hearings, if they conclude that you'll need a

442
00:25:48,000 --> 00:25:53,480
Speaker 1: church style committee change and things are gonna have to change,

443
00:25:53,520 --> 00:25:56,560
Speaker 1: They're gonna have to return to being the world's premier

444
00:25:56,640 --> 00:26:02,040
Speaker 1: law enforcement agency. Otherwise the country itself is in trouble.

445
00:26:02,760 --> 00:26:08,320
Speaker 1: There's been too much involvement with the FBI in our elections,

446
00:26:08,680 --> 00:26:12,199
Speaker 1: but only favoring one party. That needs to stop. We

447
00:26:12,280 --> 00:26:16,919
Speaker 1: don't need their involvement in issues like this. But and

448
00:26:17,320 --> 00:26:20,320
Speaker 1: if the DOJ is weaponized, that needs to be dealt

449
00:26:20,359 --> 00:26:23,040
Speaker 1: with too, and I think it has been. I think

450
00:26:23,040 --> 00:26:26,080
Speaker 1: we have a two tier justice system, a dual justice system.

451
00:26:26,160 --> 00:26:29,600
Speaker 1: And it's sad for me to say because I had

452
00:26:29,680 --> 00:26:32,480
Speaker 1: I grew up having the most respect for law enforcement,

453
00:26:32,520 --> 00:26:35,000
Speaker 1: because so many of my family members were law enforcement,

454
00:26:35,560 --> 00:26:38,600
Speaker 1: and the two members of my family that made it

455
00:26:38,640 --> 00:26:40,679
Speaker 1: to the FBI, they were they were like gods in

456
00:26:40,680 --> 00:26:44,760
Speaker 1: our family. They were deity, and they they reached the

457
00:26:44,880 --> 00:26:49,480
Speaker 1: pinnacle of success as the children of immigrants from Ireland,

458
00:26:50,119 --> 00:26:53,359
Speaker 1: and I just would hope that that we can return

459
00:26:53,400 --> 00:26:55,800
Speaker 1: it to greatness and bring back the ethics and bring

460
00:26:55,840 --> 00:27:00,399
Speaker 1: back the true mission. We have the tools neces sarry

461
00:27:00,840 --> 00:27:03,600
Speaker 1: for them to do a phenomenal job, and many of

462
00:27:03,640 --> 00:27:06,960
Speaker 1: them do that job every day, and they do it bravely, courageously,

463
00:27:07,680 --> 00:27:11,359
Speaker 1: and yet to hear these stories it breaks my heart.

464
00:27:11,640 --> 00:27:15,400
Speaker 1: Because I revered this agency. I don't revere it anymore.

465
00:27:15,720 --> 00:27:18,800
Speaker 1: I have a very realistic view of it, and what

466
00:27:18,880 --> 00:27:22,120
Speaker 1: I see is not pretty. And I think what we're

467
00:27:22,160 --> 00:27:25,919
Speaker 1: going to discover with each whistleblower is a pattern of

468
00:27:26,000 --> 00:27:30,800
Speaker 1: behavior that exposes things that we never thought were possible. There, Ronda,

469
00:27:30,880 --> 00:27:34,200
Speaker 1: good call, appreciated South Carolina. Marvin next on the Sean

470
00:27:34,240 --> 00:27:38,000
Speaker 1: Hannity Show, What's up, Marvin, how are you glad you called? Hey? Sean,

471
00:27:38,160 --> 00:27:42,879
Speaker 1: I appreciate all you do, guys. Sean A question and

472
00:27:42,920 --> 00:27:46,159
Speaker 1: then a quick point. The question is I'm pressing the

473
00:27:46,240 --> 00:27:49,920
Speaker 1: legality of this so called bailout and you know, going

474
00:27:49,960 --> 00:27:53,600
Speaker 1: beyond what the fd I c Ashley mandates as far

475
00:27:53,640 --> 00:27:56,159
Speaker 1: as the two hundred and fifty thousand dollars you know,

476
00:27:56,400 --> 00:27:57,960
Speaker 1: help out for the people that have the money in

477
00:27:58,000 --> 00:28:01,639
Speaker 1: the bank. And then the the statement really is about

478
00:28:02,280 --> 00:28:04,960
Speaker 1: you know, I've learned over the years the Democrats don't

479
00:28:04,960 --> 00:28:09,680
Speaker 1: do anything without having some type of ultramotives. Okay, so

480
00:28:10,800 --> 00:28:14,720
Speaker 1: this bank in Silicon based in Silicon Valley, I mean,

481
00:28:15,840 --> 00:28:18,680
Speaker 1: is there a way of finding out how many politicians,

482
00:28:18,680 --> 00:28:23,200
Speaker 1: how many politicians kids, the family members, how was their

483
00:28:23,240 --> 00:28:26,440
Speaker 1: connection to the money to that bank failing and then

484
00:28:26,480 --> 00:28:30,160
Speaker 1: the rescue, Because again I'm just totally convinced the Democrats

485
00:28:30,200 --> 00:28:32,240
Speaker 1: don't do anything without a motive. So I think if

486
00:28:32,240 --> 00:28:34,040
Speaker 1: they're going to be protected, well, I mean, it is

487
00:28:34,119 --> 00:28:37,600
Speaker 1: interesting because the Silicon Valley of apparently a lot of

488
00:28:37,640 --> 00:28:42,720
Speaker 1: big Democratic donors. This is a billionaire, a Biden billionaire baillout,

489
00:28:42,760 --> 00:28:46,600
Speaker 1: there's no other way to describe it here and largely liberal.

490
00:28:46,800 --> 00:28:50,160
Speaker 1: I think when we get a list of depositors names,

491
00:28:50,200 --> 00:28:53,920
Speaker 1: probably three years from now, all our instincts are going

492
00:28:53,960 --> 00:28:55,960
Speaker 1: to be proven true. Mike God tells me this is

493
00:28:56,000 --> 00:29:01,000
Speaker 1: a baillout of Biden's billionaire buddies because they put all

494
00:29:01,040 --> 00:29:03,880
Speaker 1: their money in one bank. They weren't smart in doing that,

495
00:29:04,520 --> 00:29:07,040
Speaker 1: and you know, I doubt the rest of us would

496
00:29:07,080 --> 00:29:09,920
Speaker 1: get that treatment. I think. I think if you're not

497
00:29:10,000 --> 00:29:12,960
Speaker 1: a big Democratic donor, you're gonna be treated like the

498
00:29:13,000 --> 00:29:16,400
Speaker 1: people in East Palestine in Ohio, and that is, you

499
00:29:16,400 --> 00:29:20,800
Speaker 1: know what ignored. The people are being ignored in East Palestine.

500
00:29:20,960 --> 00:29:24,160
Speaker 1: Joe Biden all, I'm gonna go visit when because he

501
00:29:24,200 --> 00:29:26,720
Speaker 1: had had plenty of time to visit. It's not on

502
00:29:26,760 --> 00:29:30,400
Speaker 1: a schedule, So it's yeah, I think, uh, you know,

503
00:29:30,480 --> 00:29:33,120
Speaker 1: I this is one other thing here that we're not

504
00:29:33,200 --> 00:29:37,760
Speaker 1: even talking about, and that is we can't afford this pailout.

505
00:29:38,400 --> 00:29:42,440
Speaker 1: We just can't. It's the sixteenth largest bank in America.

506
00:29:42,520 --> 00:29:45,480
Speaker 1: Now we've got other bank failures, then trading stopped with

507
00:29:45,640 --> 00:29:48,800
Speaker 1: these with even more banks. You know, is this going

508
00:29:48,880 --> 00:29:51,520
Speaker 1: to be a contagion? Is this going to continue to spread?

509
00:29:52,000 --> 00:29:55,400
Speaker 1: You know, stock prices plummeting on these local banks, left, right,

510
00:29:55,480 --> 00:29:58,800
Speaker 1: sideways and every other way. This has the potential to

511
00:29:58,960 --> 00:30:02,320
Speaker 1: spiral out of control. And that's my fear. And I

512
00:30:02,440 --> 00:30:05,760
Speaker 1: say that very very cautiously. I'm not saying it's going

513
00:30:05,800 --> 00:30:08,600
Speaker 1: to happen. I don't want it to happen, but we

514
00:30:08,680 --> 00:30:11,680
Speaker 1: have to be very realistic. Nobody thought this was going

515
00:30:11,720 --> 00:30:14,680
Speaker 1: to happen, and I don't think that using time and

516
00:30:14,680 --> 00:30:17,920
Speaker 1: then to be told we're not going to use taxpayer money. Okay,

517
00:30:18,320 --> 00:30:20,400
Speaker 1: the banks are going to pay it back. Okay, how

518
00:30:20,400 --> 00:30:22,160
Speaker 1: do they pay a pack. Well, they're going to be

519
00:30:22,240 --> 00:30:25,200
Speaker 1: charging you know, twice, three, four, or five six times

520
00:30:25,200 --> 00:30:27,400
Speaker 1: the fees that they used to charge. In other words,

521
00:30:27,440 --> 00:30:30,200
Speaker 1: we will be the ones to pay back this money.

522
00:30:30,680 --> 00:30:33,160
Speaker 1: And you know, why should we be paying for billionaires

523
00:30:33,200 --> 00:30:38,240
Speaker 1: that that didn't use the banking system appropriately. They know

524
00:30:38,280 --> 00:30:42,320
Speaker 1: how much insurance there is anyway, eight hundred nine point

525
00:30:42,360 --> 00:30:43,640
Speaker 1: one SEA on our number. If you want to be

526
00:30:43,640 --> 00:30:45,200
Speaker 1: a part of the program. Thanks for a good call,

527
00:30:49,280 --> 00:30:54,160
Speaker 1: Man for America, great for interited fake news. Dead couple

528
00:30:54,320 --> 00:31:02,720
Speaker 1: spends the truth for you and me. Sean Hannity, you

529
00:31:02,760 --> 00:31:05,000
Speaker 1: may not know this, but all of the best shooters

530
00:31:05,000 --> 00:31:07,360
Speaker 1: in the world, they do the majority of their training

531
00:31:07,720 --> 00:31:10,560
Speaker 1: what's called dry fire practice. They do it in their

532
00:31:10,560 --> 00:31:13,760
Speaker 1: own homes, they do it outside in their backyard. Sometimes

533
00:31:13,760 --> 00:31:16,440
Speaker 1: they do it at the range as well. Mantis X

534
00:31:16,560 --> 00:31:19,400
Speaker 1: is used by the Marine Corps, the Army, Special Forces,

535
00:31:19,800 --> 00:31:23,560
Speaker 1: and all the best shooters use this. Why mantis X

536
00:31:23,720 --> 00:31:27,880
Speaker 1: is a firearms training system, it's no Ammo it's all electronic.

537
00:31:28,200 --> 00:31:31,200
Speaker 1: You get to practice and improve your shooting accuracy. You

538
00:31:31,320 --> 00:31:34,560
Speaker 1: simply attached Mantis to your own firearm like a weapon light,

539
00:31:34,920 --> 00:31:37,040
Speaker 1: and you can use it at home or on the range.

540
00:31:37,320 --> 00:31:40,760
Speaker 1: Mantis x gives you data driven, real time feedback on

541
00:31:40,840 --> 00:31:44,800
Speaker 1: your technique, guide you through drills and courses. Look, ninety

542
00:31:44,800 --> 00:31:47,800
Speaker 1: four percent of shooters improve within twenty minutes of using

543
00:31:47,840 --> 00:31:51,720
Speaker 1: mantis X. You get military grade technology used by the

544
00:31:51,760 --> 00:31:55,800
Speaker 1: Marine Corps, Army Special Forces, and it's at an affordable price,

545
00:31:55,840 --> 00:31:58,480
Speaker 1: and it's fun. It's the best thing that you're ever

546
00:31:58,520 --> 00:32:00,240
Speaker 1: going to use. It'll be fun with your friend ends,

547
00:32:00,280 --> 00:32:02,840
Speaker 1: your neighbors, your family that you're gonna love it, and

548
00:32:02,920 --> 00:32:05,400
Speaker 1: you'll become a marksman. If you believe in your Second

549
00:32:05,400 --> 00:32:08,880
Speaker 1: Amendment rights, well, you have a responsibility to be competent

550
00:32:09,160 --> 00:32:13,320
Speaker 1: and confident in your shooting ability. Anyway, it's simple to order,

551
00:32:13,400 --> 00:32:16,400
Speaker 1: Just go to their website mantis x dot com. That's

552
00:32:16,560 --> 00:32:20,360
Speaker 1: m A n tis x dot com. All right, when

553
00:32:20,400 --> 00:32:24,160
Speaker 1: we come back, we keep reading report after report after

554
00:32:24,240 --> 00:32:28,720
Speaker 1: report that there is in New York the Attorney General

555
00:32:28,840 --> 00:32:35,680
Speaker 1: Alvin Bragg, that he will soon issue literally a warrant,

556
00:32:35,880 --> 00:32:39,880
Speaker 1: a subpoena if you will for President Trump and charge

557
00:32:39,920 --> 00:32:42,680
Speaker 1: him as it relates to the Stormy Daniel's case. Joe

558
00:32:42,680 --> 00:32:46,240
Speaker 1: Takapina is Donald Trump's attorney on this He will respond

559
00:32:46,360 --> 00:32:49,680
Speaker 1: to these articles and we'll get his thoughts about the

560
00:32:49,760 --> 00:32:52,840
Speaker 1: law and everything that applies to this case as we continue.

561
00:32:53,000 --> 00:32:55,760
Speaker 1: Eight hundred nine four one Shawn our number, and then

562
00:32:55,880 --> 00:32:58,960
Speaker 1: later Benjamin Hall, my friend and colleague at Fox News,

563
00:32:59,240 --> 00:33:02,360
Speaker 1: will tell his story of survival and inspiration