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Speaker 1: Ahead on American Sunrise early edition. Not so fast, everybody.

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Speaker 1: Yesterday's big market rally faded and stocks ended up down

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Speaker 1: again for the day. But we also had some more

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Speaker 1: encouraging reports of free trade offers, So everyone just be patient. Hey,

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Speaker 1: China is playing its favorite victimhood card to the hilt

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Speaker 1: in the midst of a trade dispute, and the Beijing

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Speaker 1: regime is deciding that, hey, it treats a billion of

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Speaker 1: its own people like peasants, so it's angry at Vice

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Speaker 1: President Vance for calling them peasants.

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Speaker 2: But now let's get serious.

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Speaker 1: A new report says the Trump team is considering using

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Speaker 1: drone strikes against the Mexican drug and human trafficking cartels.

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Speaker 2: That would be a game changer, to say the least.

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Speaker 1: The long rumored alliance between the IRS and ICE is

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Speaker 1: a done deal, and now America's most meticulous collection agency

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Speaker 1: can give ICE all the best tips on where illegal

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Speaker 1: aliens are working and living.

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Speaker 2: And get this.

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Speaker 1: Ukraine says it captured two Chinese nationals fighting for Russia

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Speaker 1: in the Ukraine Russia War. Is this a preview of

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Speaker 1: what we can expect from the huge number of Chinese

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Speaker 1: military aged men who crossed our border during the Biden years,

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Speaker 1: I hope not. American Sunrise Early Edition begins now.

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Speaker 3: Welcome to American Sunrise Early Edition, the show where faith, freedom,

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Speaker 3: and the values that built this nation takes centers.

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Speaker 2: To your good, thiefs and bad deeds. That's how we're

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Speaker 2: gonna judge you.

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Speaker 3: Join host Jake Novak because he breaks down the stories

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Speaker 3: that matter.

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Speaker 1: He will be letting the public know regularly what we

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Speaker 1: have found.

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Speaker 3: American Sunrise Early Edition with your host Jake Novak, starts now.

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Speaker 1: Welcome everybody to this Wednesday edition of American Sunrise Early Edition.

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Speaker 2: I'm Jake Novak and especial.

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Speaker 1: Welcome to those of you watching and commenting on Getter

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Speaker 1: and Rumble. Don't know how many times I want to

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Speaker 1: say this news business these days is not a passive game.

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Speaker 1: Got to get your viewers talking, got to get and

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Speaker 1: you listen to them as well.

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Speaker 2: Well.

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Speaker 1: I'm not going to spare you the pain any longer.

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Speaker 1: I can't really hold it out. Let's take a look

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Speaker 1: at where the markets is going to open, because we

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Speaker 1: are still in the midst of a worldwide tantrum over

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Speaker 1: President Trump simply asking for the world to be fair

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Speaker 1: with us in trade deal. So let's take a look

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Speaker 1: what we're expected to open now. It is volatile, Okay,

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Speaker 1: it's a little volatile.

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Speaker 2: As you can see, we're.

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Speaker 1: Looking to open down on the Dow one hundred and

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Speaker 1: fifty six points right now. Every time you close your

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Speaker 1: eyes and open them again, the number is different. You

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Speaker 1: see that the S and P is looking like it might,

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Speaker 1: you know, change higher. This is all really being extremely valatable.

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Speaker 1: I want you to look at something in the middle

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Speaker 1: of that chart. Take a look at gold, because again,

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Speaker 1: for those of you who have been investing in physical gold,

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Speaker 1: you know you've made out pretty well. I think gold

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Speaker 1: is only lost maybe three or four percent of its

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Speaker 1: value in all of this massive tumult that we've had,

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Speaker 1: and it's still very, very close to the all time high.

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Speaker 2: We were just celebrating. For those of us that like gold,

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Speaker 2: we were.

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Speaker 1: Just celebrating the three thousand dollars per ounce mark just

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Speaker 1: a couple of weeks ago. And look at it now

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Speaker 1: this morning at thirty thousand and sixty one. So you

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Speaker 1: were making out really, really well. And again I'm trying

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Speaker 1: to give you some silver linings to here, folks. If

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Speaker 1: you work on an oil rig or in Texas. Close

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Speaker 1: your eyes, everyone else. Look crude oil fifty seven dollars

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Speaker 1: and thirty six cents a barrel right now, that is

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Speaker 1: a four year low. We're already starting to see gas

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Speaker 1: prices come down pretty precipitously.

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Speaker 2: It's getting about two cents.

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Speaker 1: A day national average, but where you live it might

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Speaker 1: have come down a lot just in the last few days.

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Speaker 1: So those are the things that I want you to

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Speaker 1: focus on again that it looks like the Dow is

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Speaker 1: going to open lower, but hey, maybe by the end

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Speaker 1: of the show it'll be up. Now, let's take a

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Speaker 1: look at bitcoin for a second, because bitcoin is one

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Speaker 1: of those things that is still You've made so much

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Speaker 1: money on bitcoin. If you invested in bitcoin ten years ago,

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Speaker 1: five years ago, even two years ago, you are way up.

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Speaker 1: Bitcoin has lost less than ten percent of its value

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Speaker 1: since this all started, because remember we were stuck between

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Speaker 1: eighty thousand and eighty eight.

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Speaker 2: Thousand on bitcoin.

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Speaker 1: So we're at seventy seven thousand dollars on bitcoin up

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Speaker 1: this morning, and that has actually been a little bit

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Speaker 1: more of a safe bet than stocks. But nothing's been

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Speaker 1: better than gold, I guess right now for an asset.

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Speaker 1: So those are some of the things that I want

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Speaker 1: everyone to focus on right now. It has been i know,

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Speaker 1: a rough several days. And one of the things that

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Speaker 1: I want everyone to remember though, is that while Wall

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Speaker 1: Street is really crying, we haven't heard Main Street get

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Speaker 1: too angry yet. Now we'll have to see where the

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Speaker 1: poles are coming in. But even if the polls come

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Speaker 1: in against the tariffs, we're not seeing people marching in

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Speaker 1: the streets.

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Speaker 2: We're not seeing riots in the streets. And when you

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Speaker 2: go to the grocery store and when you go to the.

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Speaker 1: Department store right now, and how many people still go

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Speaker 1: to department stores. I feel like I'm talking to the

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Speaker 1: very older crowd right there, but hey, some of us

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Speaker 1: like to do it still. Or you're shopping on I

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Speaker 1: guess online, you're still finding the things you need. You're

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Speaker 1: still getting the things that you need, and some of them,

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Speaker 1: like gas and eggs, are cheaper than they were just

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Speaker 1: a few weeks ago. So again, I'm trying to find

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Speaker 1: the silver lining. But I'm also not trying to lie

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Speaker 1: to you. The markets are going to be tremendously violatile.

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Speaker 1: If you have a four oh one k, it's going

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Speaker 1: to be ugly when you open up those statements. If

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Speaker 1: you are close to retirement and we're planning on drawing

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Speaker 1: on that four oh one K, I certainly hope you

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Speaker 1: had a financial advisor that told you that as you

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Speaker 1: get to the three, four, five, six, seven years before retirement,

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Speaker 1: you've got to get out of stocks and you've got

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Speaker 1: to get into bonds. You have to do that and

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Speaker 1: other things that are safer and maybe even a little

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Speaker 1: physical goal. All right, here's another story that broke over

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Speaker 1: the last couple of days, and it's important for us

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Speaker 1: to understand. The Supreme Court has also finally come in

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Speaker 1: with some clarity. They have handed President Trump a big

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Speaker 1: win yesterday. They are going to allow the administration to

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Speaker 1: use that Alien Enemy Act to deport illegal aliens. Now, look,

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Speaker 1: this is a very important decision. I wish it were

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Speaker 1: more permanent. Apparently the Court is is making this more

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Speaker 1: of a temporary thing and they're going to look on

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Speaker 1: some of these things on a case by case basis.

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Speaker 1: But this is a very big deal because I mean,

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Speaker 1: I don't do you have to be in fifth grade

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Speaker 1: or sixth grade, or maybe even high school, but maybe

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Speaker 1: it's certainly by high school. You should understand that the

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Speaker 1: President of the United States has the right to use

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Speaker 1: different laws that are on the books to protect all

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Speaker 1: the Constitution and the United States of America from all enemies,

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Speaker 1: foreign and domestic. That's part of the inauguration Oath. Now,

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Speaker 1: the Court also handed President Trump another victory yesterday, and

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Speaker 1: that first one about the Alien Enemies Act. That was

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Speaker 1: Monday Tuesday, which was yesterday, the Supreme Court ruled that yes,

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Speaker 1: the President, duh, can fire people in the executive branch.

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Speaker 1: This is a little bit less of a temporary decision.

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Speaker 1: This is a more permanent decision. Again, it's not as

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Speaker 1: easy as it should be. I don't know why people

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Speaker 1: think that you can vote for a president who is

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Speaker 1: the head of the executive branch, and then people think

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Speaker 1: that they can sue the president and not be able

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Speaker 1: to not let him run the executive branch within the

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Speaker 1: parameters of the law. If you have some listen, I

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Speaker 1: understand he can't fire Congress. I understand he can't fire

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Speaker 1: the judiciary. We get that that's the separation of powers.

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Speaker 1: But the separation of power should not include a president

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Speaker 1: in the United States being able to reduce the federal workforce.

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Speaker 1: Nobody sued Bill Clinton and al Gore when they cut

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Speaker 1: the federal workforce by about the same amount that the

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Speaker 1: President Trump has cut the federal workforce in the first

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Speaker 1: one hundred days or so of his administration. The fact

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Speaker 1: that this case had to go to the Supreme Court

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Speaker 1: at all is actually kind of a disgrace. It's also

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Speaker 1: a little bit of a disgrace that it's taken the

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Speaker 1: Supreme Court this long. They need to get involved a

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Speaker 1: little bit earlier. It's not even even if you don't

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Speaker 1: like these decisions by the Supreme Court or the decisions

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Speaker 1: by President Trump. We need clarity and we need to

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Speaker 1: stop wasting time in this country. Chief Justice John Roberts,

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Speaker 1: I want everyone to understand. You guys know what the

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Speaker 1: official title of Chief Justice John Roberts is. It's not

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Speaker 1: Chief Justice of the Supreme Court John Roberts. His official title,

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Speaker 1: and it's more than just a title, is Chief Justice

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Speaker 1: of the United States, which means every judge from the

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Speaker 1: federal level all the way down to traffic court, he

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Speaker 1: has some sort of authority over. Sometimes it may just

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Speaker 1: be a moral authority, but in other words, when he

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Speaker 1: is addressing the judiciary, he's addressing every judge in this country,

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Speaker 1: and he has the right to say, stop giving decisions,

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Speaker 1: Stop making decisions that are so obviously not constitutional. The

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Speaker 1: President of the United States has always had the right

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Speaker 1: to cut the workforce in the executive branch. Why are

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Speaker 1: you ruling that he can't. You might feel like, well,

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Speaker 1: this is just my personal protest, and the Supreme Court

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Speaker 1: will make it right, and John Robertson needs to say

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Speaker 1: it's not up to me to make it right. You

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Speaker 1: need to make it right in the beginning. That would

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Speaker 1: be a very powerful statement. Of course, he would get

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Speaker 1: slimed as being a pro Trump puppet. It's not true.

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Speaker 1: He's ruled against President Trump on a number of occasions,

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Speaker 1: as many of us have noted. Many people who support

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Speaker 1: President Trump can't stand that about him. But the facts

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Speaker 1: are the facts, and he has the right to do

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Speaker 1: that as the Chief Justice of the United States, and

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Speaker 1: he's not doing it. Yes, he's made the right decision yesterday,

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Speaker 1: he made the right decision on Monday. But it shouldn't

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Speaker 1: come to this. We need to have judicial clarity in

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Speaker 1: this country. It's not about giving President Trump any new powers.

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Speaker 1: It's not about giving him any new political power. It's

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Speaker 1: simply about making it clear that all the just judges

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Speaker 1: in this country, whether they're a traffic court judge or

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Speaker 1: a federal Appeals Court judge or a Supreme Court justice,

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Speaker 1: have to interpret some of the parts of the Constitution

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Speaker 1: that are really not up for any debate. And this

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Speaker 1: was not one of those things. All right now, I

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Speaker 1: want to go back to some of the things that

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Speaker 1: are going on right now in our cities right now.

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Speaker 1: This is interesting because it's one of the things that

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Speaker 1: gets me as a New Yorker. Somebody snapped a picture

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Speaker 1: of Alexandria Casio Cortes flying to one of those fight

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Speaker 1: the Oligarchy protests with Bernie Sanders, but she was flying

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Speaker 1: in first class. Now, look, I understand sometimes people, especially

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Speaker 1: frequent flyers. I can imagine a member of Congress probably

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Speaker 1: flies a lot and probably has a gazillion mile She

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Speaker 1: may not, she may not, And I'm gonna underline this,

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Speaker 1: she may not have been using taxpayer money to get

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Speaker 1: that first class ticket, but she did definitely use some

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Speaker 1: taxpayer money probably to get to the airport and to

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Speaker 1: get to that apartment that she's staying in, and on

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Speaker 1: and on down the line. But this is all about optics.

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Speaker 1: This is a so called Fight the Oligarchy protest. And

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Speaker 1: I've said this three or four times on this program already.

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Speaker 1: Is that the worst name for a protest?

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Speaker 2: Or not? Most people at those protests what I wouldn't give.

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Speaker 1: Maybe we should send David Zier or Ben Burke want

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Speaker 1: to go to the people going to these fight the

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Speaker 1: Oligarchi protests and ask them if they know what oligarchy means.

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Speaker 1: I'm getting a feeling that they won't be able to

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Speaker 1: define it. They'll say something along the lines of, well,

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Speaker 1: it means that the rich are taking over sort of,

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Speaker 1: but that's not really the answer. I'd love to hear

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Speaker 1: ten people try to answer that question, or maybe even

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Speaker 1: spell oligarchy. That would be a fun too, all Right. Anyway,

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Speaker 1: flying first class to a rally where the rich are

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Speaker 1: being beaten down is a bad look.

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Speaker 2: Here's also a bad look.

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Speaker 1: Some of those people at those rallies, including people like

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Speaker 1: Bernie Sanders and AOC, are complaining about the tariffs because

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Speaker 1: it's hurting Wall Street. So they're at a rally saying

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Speaker 1: the rich have too much power in this country, and

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Speaker 1: then they give a SoundBite on the news saying, boy,

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Speaker 1: we can't have tarists because it's hurting the rich, Which

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Speaker 1: is it?

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Speaker 2: Guys. It's one of those.

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Speaker 1: Things where Donald Trump has really flipped the script on

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Speaker 1: the Democrats by being someone who actually is much more populous,

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Speaker 1: not only more populous than any Republican has ever been,

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Speaker 1: meaning a man of the people, but more populous than

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Speaker 1: the Democrats are right now.

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Speaker 2: That is incredible. So I think this is.

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Speaker 1: Actually going to hurt her these kinds of pictures of

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Speaker 1: her in first class. Remember, there are strong rumors that

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Speaker 1: she is going to challenge Chuck Schumer in the New

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Speaker 1: York Senate primary next year. I think her chances of

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Speaker 1: winning just got a little bit weaker.

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Speaker 2: All right, coming up, you crime me.

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Speaker 1: And warriors love such interesting things, you meet such interesting people. Actually,

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Speaker 1: if you're fighting that war in the Crimea, you're fighting

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Speaker 1: that war in Ukraine, you just met a couple.

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Speaker 2: Of Chinese nationals.

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Speaker 1: What are Chinese soldiers fighting for the Russians.

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Speaker 2: This isn't a good story. I don't.

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Speaker 1: It's funny for a second, but I gotta tell you

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Speaker 1: it's no joke. And there is a report that says

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Speaker 1: the Trump team may green light massive drone strikes on

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Speaker 1: drug and human trafficking cartels.

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Speaker 2: In Mexico.

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Speaker 1: Not here in Mexico, the Mexican government that kind of

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Speaker 1: sort of works for those cartels. Can you imagine what

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Speaker 1: they're saying about it. Take one guess. American Sunrise early

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Speaker 1: edition is going to be right back