1 00:00:00,160 --> 00:00:02,160 Speaker 1: So imagine you're at the White House. You're in a 2 00:00:02,240 --> 00:00:05,520 Speaker 1: crisis meeting that we're now being told has happened over 3 00:00:05,559 --> 00:00:07,840 Speaker 1: the last several days trying to figure out how to 4 00:00:07,920 --> 00:00:11,119 Speaker 1: deal with a hunter Biden's story and the hacking of 5 00:00:11,200 --> 00:00:14,640 Speaker 1: his iCloud account, which is giving us even new information 6 00:00:14,680 --> 00:00:16,799 Speaker 1: about you know, how to wait crack on a scale, 7 00:00:16,840 --> 00:00:19,440 Speaker 1: and how to buy hookers and you know all of 8 00:00:19,440 --> 00:00:21,840 Speaker 1: this type of stuff that the White House's like, all right, 9 00:00:21,880 --> 00:00:25,280 Speaker 1: it's a problem. Now what do we do? Well? You distract? 10 00:00:25,880 --> 00:00:28,400 Speaker 1: Look at Joe Biden. She went out and compared the 11 00:00:28,400 --> 00:00:32,159 Speaker 1: Hispanic community is unique as breakfast tacos. Yes, you can 12 00:00:32,200 --> 00:00:34,239 Speaker 1: get a bunch of different kinds of breakfast tacos. That's 13 00:00:34,320 --> 00:00:38,040 Speaker 1: kind of like Mexicans in America. Totally fine, No big deal, right, 14 00:00:38,080 --> 00:00:41,680 Speaker 1: you just dodge, and we even distract, And then you 15 00:00:41,760 --> 00:00:44,440 Speaker 1: go to maybe the present. You throw him out there 16 00:00:44,520 --> 00:00:47,880 Speaker 1: on stage and say, hey, he'll distract everybody from himself. 17 00:00:48,000 --> 00:00:51,040 Speaker 1: And Joe Biden yesterday said every time I hear Hell 18 00:00:51,080 --> 00:00:54,320 Speaker 1: of the Chief, I wonder where the hell is a present? 19 00:00:54,480 --> 00:00:56,440 Speaker 1: He actually said that on the microphone. I'll play that 20 00:00:56,480 --> 00:00:59,040 Speaker 1: for you in a moment, and then you got some 21 00:00:59,160 --> 00:01:03,600 Speaker 1: real bad problems here America. Lass Biden is now bragging 22 00:01:03,600 --> 00:01:06,720 Speaker 1: that we are importing record number of foreign workers to 23 00:01:06,880 --> 00:01:11,320 Speaker 1: actually compete against Americans for jobs. Biden also interrupted the 24 00:01:11,840 --> 00:01:18,280 Speaker 1: Mexican president to flatter lovely lady camera woman literally from Mexico. 25 00:01:19,480 --> 00:01:22,080 Speaker 1: That's how off script this two is. And then when 26 00:01:22,120 --> 00:01:25,360 Speaker 1: he was hiking and new videos come out showing that 27 00:01:25,440 --> 00:01:27,560 Speaker 1: the President of the United States America still has an 28 00:01:27,560 --> 00:01:30,600 Speaker 1: affinity for smelling women. Yes, there's now a video of 29 00:01:30,640 --> 00:01:33,839 Speaker 1: him while hiking showing him reaching down and smelling a woman. 30 00:01:34,920 --> 00:01:39,880 Speaker 1: So between Taco Tuesday and doctor Jill's staff apologizing to 31 00:01:40,040 --> 00:01:45,039 Speaker 1: latinos but not latin X's I'm not joking for comparing 32 00:01:45,120 --> 00:01:48,280 Speaker 1: human beings to unique breakfast tacos, she hasn't actually apologize 33 00:01:48,240 --> 00:01:52,400 Speaker 1: bar staff has. This is now where we are in America. Now, 34 00:01:52,440 --> 00:01:55,920 Speaker 1: all of this is great and entertaining, right, it's very 35 00:01:55,960 --> 00:01:59,880 Speaker 1: funny like watching the demise, But there is a possibility 36 00:01:59,880 --> 00:02:01,560 Speaker 1: that some of this is being done on purpose to 37 00:02:01,560 --> 00:02:03,600 Speaker 1: distract you from the real story, which is just how 38 00:02:03,600 --> 00:02:06,480 Speaker 1: bad the economy is and how corrupt the Biden White 39 00:02:06,480 --> 00:02:09,840 Speaker 1: House is. With Hunter Biden oil and gas being sold 40 00:02:09,840 --> 00:02:12,880 Speaker 1: to China. So let's look at the inflation numbers real 41 00:02:12,919 --> 00:02:15,160 Speaker 1: quick in just a moment. But before I get to that, 42 00:02:15,280 --> 00:02:16,760 Speaker 1: I want to tell you real quick about our good 43 00:02:16,760 --> 00:02:19,560 Speaker 1: friends over at Legacy Precious Metals. If you've been paying attention, 44 00:02:19,560 --> 00:02:22,079 Speaker 1: you've seen the stock market that is in Bared Territory. 45 00:02:22,120 --> 00:02:24,919 Speaker 1: We're headed into a recession and that's why the stock 46 00:02:25,000 --> 00:02:28,600 Speaker 1: market is plumbing now. Many economists are predicting now unfortunately, 47 00:02:29,040 --> 00:02:31,720 Speaker 1: this is actually just the beginning and we could see 48 00:02:31,720 --> 00:02:35,359 Speaker 1: a market pullback well into twenty twenty three. Now, when 49 00:02:35,400 --> 00:02:38,560 Speaker 1: this happens, there's going to be tremendous losses than there 50 00:02:38,560 --> 00:02:41,960 Speaker 1: already have been for many Americans and their portfolios. Well, 51 00:02:42,000 --> 00:02:45,480 Speaker 1: there's been one historical answer to this, gold and precious 52 00:02:45,480 --> 00:02:48,280 Speaker 1: metals and the O eight crash. When the markets dip, 53 00:02:48,360 --> 00:02:50,800 Speaker 1: gold went up, and that's what we're seeing right now. 54 00:02:51,400 --> 00:02:54,440 Speaker 1: Legacy Precious Metals is a company that I use and 55 00:02:54,560 --> 00:02:57,320 Speaker 1: I trust when investing in gold and precious metals, and 56 00:02:57,360 --> 00:03:00,760 Speaker 1: they can advise you on whether gold is for you 57 00:03:01,120 --> 00:03:04,399 Speaker 1: right now, so whether it becomes a part of your 58 00:03:04,520 --> 00:03:08,399 Speaker 1: retirement account or having physical medals ship to you, you 59 00:03:08,440 --> 00:03:11,200 Speaker 1: need to call them and get in touch with the 60 00:03:11,320 --> 00:03:13,880 Speaker 1: experts so that you can protect your hard earned dollars. 61 00:03:14,400 --> 00:03:19,320 Speaker 1: Call them one eight six six seven five one twenty 62 00:03:19,320 --> 00:03:24,120 Speaker 1: two eighteen. That's one eight six six seven five one 63 00:03:24,280 --> 00:03:28,280 Speaker 1: twenty two eighteen. Or you can download right now the 64 00:03:28,480 --> 00:03:33,680 Speaker 1: Gold Guide, the Comprehensive Gold Guide at LEGACYPM Investments Legacy 65 00:03:33,680 --> 00:03:37,880 Speaker 1: PM investments dot com. Now, Biden, inflation is actually much 66 00:03:37,920 --> 00:03:42,840 Speaker 1: worse than expected, as prices have now soared nine point 67 00:03:42,920 --> 00:03:47,440 Speaker 1: one percent your year. That is the highest since nineteen 68 00:03:47,480 --> 00:03:51,200 Speaker 1: eighty one. So if you're forty or younger, this is 69 00:03:51,240 --> 00:03:55,600 Speaker 1: the worst of your entire lifetime. Also, remember when they 70 00:03:55,640 --> 00:03:58,280 Speaker 1: said that inflation wasn't going to be a problem because 71 00:03:58,480 --> 00:04:01,720 Speaker 1: wages were keeping up with inflation. That is no longer 72 00:04:01,760 --> 00:04:06,080 Speaker 1: the case. Real wages have fallen yet again. And Joe 73 00:04:06,120 --> 00:04:09,680 Speaker 1: Biden was criticized for the high gas prices, and he said, hey, 74 00:04:09,720 --> 00:04:12,600 Speaker 1: hold on a second, you need to calm down. Gas 75 00:04:12,640 --> 00:04:15,640 Speaker 1: prices are actually down thirty days in a row. Where's 76 00:04:15,640 --> 00:04:18,200 Speaker 1: the average in this country four dollars and sixty five 77 00:04:18,279 --> 00:04:21,400 Speaker 1: cents a gallon? As he sold a million barrels of 78 00:04:21,440 --> 00:04:24,159 Speaker 1: oil to the Chinese Communist government and to a company 79 00:04:24,200 --> 00:04:27,039 Speaker 1: that his son has a financial interest in I say 80 00:04:27,080 --> 00:04:30,680 Speaker 1: it again, that is an impeachable offense the president. But 81 00:04:30,880 --> 00:04:33,359 Speaker 1: Joe Biden on Tuesday said, look, the cost for a 82 00:04:33,360 --> 00:04:36,920 Speaker 1: gallon of gasoline has dropped thirty days in a row, 83 00:04:37,560 --> 00:04:40,920 Speaker 1: even though prices are still at all time highs. He says, 84 00:04:40,920 --> 00:04:42,880 Speaker 1: it's gone down for thirty days a row, so you 85 00:04:42,920 --> 00:04:46,479 Speaker 1: need to be thankful. He said that defensively after President 86 00:04:46,520 --> 00:04:50,000 Speaker 1: of Mexico commented on the high gas prices in the 87 00:04:50,080 --> 00:04:52,320 Speaker 1: United States of America taking a jab at us while 88 00:04:52,360 --> 00:04:55,760 Speaker 1: sitting in the White House. It was amazing. The Mexican 89 00:04:55,880 --> 00:04:58,760 Speaker 1: president and Biden discussed the gas prices during immedia at 90 00:04:58,800 --> 00:05:01,919 Speaker 1: the White House on Tuesday. At the time of Biden's remarks, 91 00:05:01,960 --> 00:05:04,359 Speaker 1: the national average for the cost of a gallon of 92 00:05:04,400 --> 00:05:07,880 Speaker 1: gas was four dollars and sixty five cents, according to 93 00:05:07,880 --> 00:05:10,480 Speaker 1: Triple A Data, after topping record high of five oh 94 00:05:10,520 --> 00:05:15,080 Speaker 1: one a gallon nationwide in June. Although gas prices have 95 00:05:15,600 --> 00:05:19,719 Speaker 1: well moderated somewhat, they still remain at record highs for 96 00:05:19,839 --> 00:05:23,320 Speaker 1: consistent levels, higher than their previous peaks. In fact, in 97 00:05:23,360 --> 00:05:26,000 Speaker 1: two thousand and eight, when the average price of gasoline 98 00:05:26,240 --> 00:05:29,280 Speaker 1: was four dollars and eleven since when Joe Biden was 99 00:05:29,320 --> 00:05:32,040 Speaker 1: the vice president and Barack Obama was the president. Now 100 00:05:32,040 --> 00:05:33,560 Speaker 1: they did it on purpose, and oh eight, and they've 101 00:05:33,600 --> 00:05:35,880 Speaker 1: done it on purpose again. Now they want to force 102 00:05:35,920 --> 00:05:39,960 Speaker 1: you into submission. Now, this is all happening, and the 103 00:05:40,120 --> 00:05:45,400 Speaker 1: Democrats clearly have gotten on board with selling you this story. 104 00:05:45,600 --> 00:05:49,120 Speaker 1: How do I know this? Well, Democrats had their weekly 105 00:05:49,160 --> 00:05:53,120 Speaker 1: press conference of the US House of Representatives and representative 106 00:05:53,160 --> 00:05:57,080 Speaker 1: a Democrat representative, Jason Crowe, came out to remind the 107 00:05:57,120 --> 00:06:00,240 Speaker 1: American people of why the Democrats are somehow winning now 108 00:06:00,279 --> 00:06:02,760 Speaker 1: even though they're losing and you're losing as an American 109 00:06:03,279 --> 00:06:07,839 Speaker 1: and said that the number one the largest national security 110 00:06:07,880 --> 00:06:12,080 Speaker 1: threat facing our planet, not just America, but the planet. 111 00:06:12,120 --> 00:06:14,840 Speaker 1: So apparently we're now total globalists in the Democratic Party 112 00:06:14,839 --> 00:06:18,560 Speaker 1: where they believe they should govern the world is global warming. 113 00:06:18,600 --> 00:06:20,560 Speaker 1: So you should still be happy to be paying almost 114 00:06:20,560 --> 00:06:22,760 Speaker 1: five hours a gallon and over five hours a gallon 115 00:06:22,760 --> 00:06:25,560 Speaker 1: in many parts of the country. And this is a 116 00:06:25,560 --> 00:06:29,120 Speaker 1: bigger threat, they say, than Putin, than Russia in general, 117 00:06:29,160 --> 00:06:32,360 Speaker 1: than China in general, than Al Qaeda, than isis every 118 00:06:32,440 --> 00:06:36,799 Speaker 1: all terrorism combined. They say, the largest national security threat 119 00:06:36,839 --> 00:06:41,880 Speaker 1: facing our planet right now is global warming. Listen, bottom 120 00:06:41,920 --> 00:06:44,440 Speaker 1: line is at the Democratic Party in the House Democratic 121 00:06:44,480 --> 00:06:47,799 Speaker 1: Caucus is the party of national security in the twenty 122 00:06:47,800 --> 00:06:51,360 Speaker 1: first century. National security. I thought that was the Republicans. 123 00:06:51,400 --> 00:06:53,039 Speaker 1: I thought we were the ones that like to fight terrorists, 124 00:06:53,040 --> 00:06:55,480 Speaker 1: and you're the ones that like to surrender the Taliban 125 00:06:55,520 --> 00:06:57,720 Speaker 1: and Afghanistan. Won't even go six feet to go get 126 00:06:57,720 --> 00:06:59,880 Speaker 1: an American citizen or to go get one of our 127 00:07:00,000 --> 00:07:02,680 Speaker 1: translated that saved American lives or one of the people 128 00:07:02,680 --> 00:07:05,400 Speaker 1: that helped us with intelligence in Afghanistan. Wait, wait, now, 129 00:07:05,480 --> 00:07:08,040 Speaker 1: you guys are the party of national security. That's right. 130 00:07:08,080 --> 00:07:11,160 Speaker 1: The bottom line is quote, the Democratic Party in the House, 131 00:07:11,200 --> 00:07:14,000 Speaker 1: Democratic Caucus is the party of national security in the 132 00:07:14,000 --> 00:07:17,120 Speaker 1: twenty first century. That is not what they would say 133 00:07:17,160 --> 00:07:20,760 Speaker 1: in Afghanistan right now, Britty Grinder would disagree with you, 134 00:07:20,800 --> 00:07:24,440 Speaker 1: by the way, the lesbian and being held in Russia, 135 00:07:24,440 --> 00:07:26,160 Speaker 1: that was, by the way, ashamed of being an American 136 00:07:26,160 --> 00:07:28,320 Speaker 1: and said that the national anthem had no place in 137 00:07:28,320 --> 00:07:31,720 Speaker 1: the w NBA. But they want you to believe right now. 138 00:07:31,760 --> 00:07:33,840 Speaker 1: The bottom line is the Democratic Party in the House, 139 00:07:33,840 --> 00:07:36,560 Speaker 1: Democratic Caucus is the party of national security in the 140 00:07:36,560 --> 00:07:39,800 Speaker 1: twenty first century. Why are we that party of match security? 141 00:07:39,800 --> 00:07:42,080 Speaker 1: Because we said, so are we doing anything to protect 142 00:07:42,080 --> 00:07:44,800 Speaker 1: and defend you. Nope, We're taking orders from the Taliban 143 00:07:44,800 --> 00:07:48,679 Speaker 1: and Afghanistan with left Americans behind. Right, We're giving tons 144 00:07:48,680 --> 00:07:51,560 Speaker 1: of money to corrupt in shady individuals in Ukraine right now. 145 00:07:51,640 --> 00:07:54,480 Speaker 1: But we're the party of national security. You're the party 146 00:07:54,920 --> 00:07:58,320 Speaker 1: that's dedicated the rule of law. Well, hold on, you 147 00:07:58,360 --> 00:08:00,720 Speaker 1: were the party that has dedicated the rule of all. Okay, 148 00:08:00,880 --> 00:08:03,000 Speaker 1: got to ask you a question. Then why do we 149 00:08:03,040 --> 00:08:05,400 Speaker 1: have an open border? And why are millions and millions 150 00:08:05,440 --> 00:08:09,480 Speaker 1: of illegal immigrants actually coming across the border right now? 151 00:08:09,480 --> 00:08:13,680 Speaker 1: I'm just asking, I'm just curious. Right now. This is 152 00:08:13,680 --> 00:08:15,920 Speaker 1: what they do to distract you from the Hunter Biden story. 153 00:08:16,280 --> 00:08:18,680 Speaker 1: This is what they do to distract you from the 154 00:08:18,760 --> 00:08:20,880 Speaker 1: league's coming out from his cell phone. This is what 155 00:08:20,960 --> 00:08:23,040 Speaker 1: they do to distract you from the hotter than expected 156 00:08:23,080 --> 00:08:28,360 Speaker 1: June inflation report that blows past expectations to nine point 157 00:08:28,720 --> 00:08:31,840 Speaker 1: one percent. They come out and say, we're protecting you. Hey, 158 00:08:31,880 --> 00:08:34,640 Speaker 1: I know things are expensive, but by golly, we are 159 00:08:34,800 --> 00:08:38,680 Speaker 1: protecting you from yourselves. We're protecting the world. And the 160 00:08:38,800 --> 00:08:41,440 Speaker 1: number one natur security issue in this country is global warming. 161 00:08:41,600 --> 00:08:43,200 Speaker 1: So yes, it's going to cost you some more money 162 00:08:43,200 --> 00:08:45,880 Speaker 1: at the pump, but who cares, right, Because this is 163 00:08:46,000 --> 00:08:49,520 Speaker 1: a national security issue. Listen to us. We are trying 164 00:08:49,520 --> 00:08:51,480 Speaker 1: to protect you. So just pay whatever we tell you 165 00:08:51,520 --> 00:08:54,240 Speaker 1: to pay for a gallon of gas. Don't pay attention 166 00:08:54,280 --> 00:08:57,120 Speaker 1: to Hunter Biden, don't pay attention to our strategical reserves 167 00:08:57,160 --> 00:08:59,839 Speaker 1: being the lowest they've ever been in my lifetime. Because 168 00:09:00,000 --> 00:09:03,439 Speaker 1: we are protecting you. Buy Gali, to affirming our connection 169 00:09:03,480 --> 00:09:07,360 Speaker 1: with our allies, to addressing the largest national security threat 170 00:09:07,400 --> 00:09:10,520 Speaker 1: facing our planet in our country. That is climate change. 171 00:09:10,640 --> 00:09:13,560 Speaker 1: Oh there, it is, so the number one threat facing 172 00:09:13,559 --> 00:09:16,400 Speaker 1: our planet in our country. The largest security threat facing 173 00:09:16,440 --> 00:09:19,680 Speaker 1: our planet in our country is climate change. Therefore, it 174 00:09:19,800 --> 00:09:21,760 Speaker 1: is totally fine that you're paying five hours a gallon 175 00:09:21,760 --> 00:09:23,560 Speaker 1: and the economy has gone to hell in a handbasket. 176 00:09:23,800 --> 00:09:26,360 Speaker 1: We are the Democratic Party, and we are we are 177 00:09:26,480 --> 00:09:29,720 Speaker 1: the party of national security. Now listen. The last part 178 00:09:29,720 --> 00:09:32,640 Speaker 1: of this is a closing argument here, which is both 179 00:09:33,440 --> 00:09:38,000 Speaker 1: a threatened multiplier and a threat magnifier and dedicated to 180 00:09:38,040 --> 00:09:41,040 Speaker 1: doing this in the right way. So when we pass 181 00:09:41,160 --> 00:09:43,520 Speaker 1: the National Defense Authorization Act this week, we have a 182 00:09:43,520 --> 00:09:46,520 Speaker 1: couple of really important goals. One is we have to 183 00:09:46,640 --> 00:09:50,120 Speaker 1: keep a couple of goals here. I'm going to cut 184 00:09:50,160 --> 00:09:52,239 Speaker 1: you from that crap, but I want you to understand. 185 00:09:52,559 --> 00:09:55,240 Speaker 1: This is how you distract. Now you know how bad 186 00:09:55,280 --> 00:09:58,440 Speaker 1: the economy is right now. Now. The other thing the 187 00:09:58,480 --> 00:10:00,440 Speaker 1: media is doing right now is there going on and 188 00:10:00,520 --> 00:10:03,079 Speaker 1: on about what they referred to as a nine to 189 00:10:03,120 --> 00:10:05,760 Speaker 1: eleven January the six and the hearings, and they're telling 190 00:10:05,760 --> 00:10:08,720 Speaker 1: you that you need to pay attention, you need to 191 00:10:08,760 --> 00:10:12,320 Speaker 1: care because this is what's wrong in America. You don't 192 00:10:12,400 --> 00:10:14,640 Speaker 1: understand how bad Donald Trump and his allies where you 193 00:10:14,679 --> 00:10:17,000 Speaker 1: don't understand they try to overthrow the government. You don't 194 00:10:17,080 --> 00:10:19,959 Speaker 1: understand that. This is everything. That's why you need to 195 00:10:20,040 --> 00:10:23,559 Speaker 1: vote for us, right everything right now to the Democrats 196 00:10:23,679 --> 00:10:26,280 Speaker 1: is the world is ending, Roe v. Wade right ending. 197 00:10:26,600 --> 00:10:28,480 Speaker 1: Teachers Unions came out and said, we're gonna get rid 198 00:10:28,520 --> 00:10:30,360 Speaker 1: of the word woman and mother and we're going to 199 00:10:30,440 --> 00:10:32,800 Speaker 1: refer to them as birthing people in our new contracts. 200 00:10:32,840 --> 00:10:34,880 Speaker 1: That happened yesterday, right because the world's ending. If you 201 00:10:34,880 --> 00:10:38,240 Speaker 1: don't agree with that, these January six insurrection hearings, the 202 00:10:38,360 --> 00:10:41,160 Speaker 1: media just going nuts and covering this even with the 203 00:10:41,200 --> 00:10:45,080 Speaker 1: low ratings. That's the other thing if you look at 204 00:10:45,120 --> 00:10:48,400 Speaker 1: the ratings on MSNBC and on CNN, which is where 205 00:10:48,480 --> 00:10:52,640 Speaker 1: liberals go to watch TV, and these are two networks 206 00:10:52,720 --> 00:10:55,480 Speaker 1: and where the viewers are obsessed with Donald Trump, and 207 00:10:55,480 --> 00:10:57,560 Speaker 1: they hate Donald Trump, and they will never let it go, 208 00:10:57,600 --> 00:11:00,880 Speaker 1: and they will celebrate the day that he eventually dies. Right, 209 00:11:00,880 --> 00:11:02,720 Speaker 1: they will dance in the streets the day he dies 210 00:11:02,760 --> 00:11:06,000 Speaker 1: because they're psychotic and they hate him that much. Their 211 00:11:06,080 --> 00:11:10,640 Speaker 1: ratings for the January six hearings are insanely low, yet 212 00:11:10,679 --> 00:11:13,160 Speaker 1: they are still going wall to wall and airing them 213 00:11:13,200 --> 00:11:16,080 Speaker 1: all day long because they they're willing to even sacrifice 214 00:11:16,120 --> 00:11:19,000 Speaker 1: their ratings to put out this propaganda because they have 215 00:11:19,120 --> 00:11:23,559 Speaker 1: nothing else to offer the American people. There is no 216 00:11:23,640 --> 00:11:26,760 Speaker 1: good news out there right now for the Democratic Party. 217 00:11:27,480 --> 00:11:30,640 Speaker 1: You've got wide open borders, right. You got a vice 218 00:11:30,679 --> 00:11:33,839 Speaker 1: president of the United States of America that's totally irrelevant. 219 00:11:34,200 --> 00:11:36,960 Speaker 1: You have a president that's out there not even charis 220 00:11:37,000 --> 00:11:41,480 Speaker 1: the president sniffing people's hair, falling off bicycles and is 221 00:11:42,240 --> 00:11:44,800 Speaker 1: involved in one of the biggest corruption schemes in American 222 00:11:44,840 --> 00:11:47,880 Speaker 1: history with his crime family. You got Jill Biden who 223 00:11:48,600 --> 00:11:52,400 Speaker 1: looks at Hispanics and sees them as breakfast tacos. What 224 00:11:52,440 --> 00:11:54,800 Speaker 1: else are you going to talk about? January of six, 225 00:11:55,720 --> 00:11:59,000 Speaker 1: you got a four decade high inflation that doesn't reflect 226 00:11:59,000 --> 00:12:01,679 Speaker 1: the reality the White House says of how good things 227 00:12:01,720 --> 00:12:05,120 Speaker 1: actually are. And then you have the White House today 228 00:12:05,160 --> 00:12:08,240 Speaker 1: coming out and lying to the American people again saying, quote, 229 00:12:08,240 --> 00:12:11,040 Speaker 1: we don't have enough refining capacity, so the challenge really 230 00:12:11,160 --> 00:12:14,640 Speaker 1: is a global one. I want you to listen to 231 00:12:14,679 --> 00:12:19,760 Speaker 1: the White House going on CNBC and genuinely trying to 232 00:12:19,800 --> 00:12:24,640 Speaker 1: sell you on this idea that we don't have enough 233 00:12:24,720 --> 00:12:29,000 Speaker 1: refining capacity to challenge the gas price in this country 234 00:12:29,000 --> 00:12:31,520 Speaker 1: even though we clearly do. We did it under Donald Trump. 235 00:12:32,360 --> 00:12:34,040 Speaker 1: They then go on to say this is an issue 236 00:12:34,080 --> 00:12:36,720 Speaker 1: in China where they have reduced or export quotas of 237 00:12:36,800 --> 00:12:39,400 Speaker 1: refined products. Now, you would think CNBC would like look 238 00:12:39,440 --> 00:12:41,719 Speaker 1: at the White House, right and the representative from the 239 00:12:41,720 --> 00:12:44,800 Speaker 1: White House teas and say, hey, speaking of China, why 240 00:12:44,800 --> 00:12:46,679 Speaker 1: did you guys send a million barrels of all to 241 00:12:46,760 --> 00:12:50,120 Speaker 1: China when the American people clearly need it right now 242 00:12:50,160 --> 00:12:52,440 Speaker 1: when you were taking air strategic oversorts. They didn't ask 243 00:12:52,440 --> 00:12:55,439 Speaker 1: that question. No, no, no, they let the propaganda keep 244 00:12:55,480 --> 00:13:00,480 Speaker 1: flowing for the White House just this report underscores that. Brian, 245 00:13:00,520 --> 00:13:04,560 Speaker 1: you said you're in constant communication with CEOs of semiconductor companies. 246 00:13:05,440 --> 00:13:08,200 Speaker 1: My colleague, mister Kramer would say, when industry you're not 247 00:13:08,280 --> 00:13:12,440 Speaker 1: in constant communication with is the energy industry? The darren 248 00:13:12,480 --> 00:13:14,920 Speaker 1: Woods of Exxon, the mic Wors, the Chevron Do you 249 00:13:14,960 --> 00:13:17,319 Speaker 1: talk to them at all? And if so, what do 250 00:13:17,440 --> 00:13:21,440 Speaker 1: you here in terms of energy production worldwide? Not just 251 00:13:21,520 --> 00:13:24,040 Speaker 1: in this country, but given it's a worldwide commodity around 252 00:13:24,240 --> 00:13:27,080 Speaker 1: around the globe, given so many pressures and cross currents 253 00:13:27,080 --> 00:13:32,319 Speaker 1: currently occurring in those markets. I do we do as 254 00:13:32,320 --> 00:13:35,560 Speaker 1: a team, We stay in consistent communication and what we 255 00:13:35,679 --> 00:13:39,120 Speaker 1: hear is the challenge is a global one. It is 256 00:13:39,160 --> 00:13:42,280 Speaker 1: about supply in the in the main that on the 257 00:13:42,280 --> 00:13:44,880 Speaker 1: oil side. The efforts that we are taking with our 258 00:13:44,880 --> 00:13:48,800 Speaker 1: European counterparts and others to try to really focus the 259 00:13:48,880 --> 00:13:56,120 Speaker 1: economic pain on putin without reducing global oil supply is important. 260 00:13:56,160 --> 00:13:58,280 Speaker 1: But a lot of this is about refining capacity. We've 261 00:13:58,320 --> 00:14:00,880 Speaker 1: talked about this before. This is what I here that 262 00:14:01,000 --> 00:14:04,920 Speaker 1: globally we don't have enough refining capacity. That's an issue 263 00:14:04,960 --> 00:14:07,880 Speaker 1: in China where they have reduced their export quotas of 264 00:14:08,000 --> 00:14:12,000 Speaker 1: refined product that's an issue that is if active conversation. 265 00:14:12,480 --> 00:14:14,840 Speaker 1: But also here in the United States, what more we 266 00:14:14,880 --> 00:14:17,319 Speaker 1: can do with the margin to keep the refineries that 267 00:14:17,360 --> 00:14:20,120 Speaker 1: are operating running at the high capacity utilization that they 268 00:14:20,160 --> 00:14:23,080 Speaker 1: are now, but also bring some of that million barrels 269 00:14:23,080 --> 00:14:26,200 Speaker 1: a day that they took offline during the pandemic back online. 270 00:14:26,240 --> 00:14:28,000 Speaker 1: Not all of it can come back online, but some 271 00:14:28,080 --> 00:14:30,840 Speaker 1: of it can. That's really those are the two areas 272 00:14:30,840 --> 00:14:33,440 Speaker 1: that we focus on. We're having those conversations. They're not 273 00:14:33,480 --> 00:14:35,680 Speaker 1: having those conversations, by the way, because X and chev 274 00:14:35,840 --> 00:14:38,280 Speaker 1: and all these companies have said they're not having those conversations. 275 00:14:39,160 --> 00:14:42,000 Speaker 1: And he said, you know, we're trying to bring back 276 00:14:42,040 --> 00:14:43,600 Speaker 1: some of that one million barrels a day they took 277 00:14:43,600 --> 00:14:46,880 Speaker 1: offline during the pandemic back online, but not all of 278 00:14:46,880 --> 00:14:48,400 Speaker 1: it can come back online. Where you're putting out a 279 00:14:48,400 --> 00:14:51,480 Speaker 1: million dollars a day from the strategical reserves. So that 280 00:14:51,560 --> 00:14:55,280 Speaker 1: should help the problem, right, White House Hypothetically, even though 281 00:14:55,280 --> 00:14:57,240 Speaker 1: you guys have no clue how the markets actually work. 282 00:14:57,880 --> 00:15:01,000 Speaker 1: Well now, if you're sending it to China doesn't help us. 283 00:15:01,480 --> 00:15:03,840 Speaker 1: And that's where they're sending the oil. They're sending it overseas, 284 00:15:03,880 --> 00:15:06,920 Speaker 1: millions and millions and millions of barrels they're sending overseas 285 00:15:07,000 --> 00:15:09,320 Speaker 1: because they don't actually want the price of gas to 286 00:15:09,360 --> 00:15:12,280 Speaker 1: go down. They want you to believe that we can't 287 00:15:12,280 --> 00:15:13,880 Speaker 1: fix this problem on our own. They want you to 288 00:15:13,880 --> 00:15:16,320 Speaker 1: believe that they are totally inapt and totally have no 289 00:15:16,400 --> 00:15:19,240 Speaker 1: ability to stop any of this. They want you to 290 00:15:19,400 --> 00:15:23,720 Speaker 1: believe that they are real problems that they just can't fix, 291 00:15:23,800 --> 00:15:25,760 Speaker 1: and no one can fix them in the world. They 292 00:15:25,800 --> 00:15:28,320 Speaker 1: want you to believe this is a worldwide issue. They 293 00:15:28,400 --> 00:15:30,760 Speaker 1: want you to believe that everything in the world is 294 00:15:30,800 --> 00:15:34,560 Speaker 1: a problem that they cannot fix, so therefore you shouldn't 295 00:15:34,560 --> 00:15:38,320 Speaker 1: blame them, therefore you should vote for them. So just recap. 296 00:15:39,960 --> 00:15:42,080 Speaker 1: The White House can't figure out who the president is. 297 00:15:42,120 --> 00:15:44,200 Speaker 1: The president can't figure out who the president is when 298 00:15:44,240 --> 00:15:46,320 Speaker 1: hell the chief comes on, but he can sniff women 299 00:15:46,760 --> 00:15:52,200 Speaker 1: while walking. They believe that Hispanics are like breakfast tacos. 300 00:15:53,160 --> 00:15:58,200 Speaker 1: Breakfast tacos, folks, breakfast tacos, that's what they believe. They 301 00:15:58,240 --> 00:16:02,080 Speaker 1: believe that women are breakfast ties. And the White House 302 00:16:02,120 --> 00:16:03,920 Speaker 1: wants you to believe that we don't have in America 303 00:16:04,040 --> 00:16:06,880 Speaker 1: enough for all refining capacity to paull this off, and 304 00:16:07,080 --> 00:16:11,120 Speaker 1: all of these disasters are happening right now, Every single 305 00:16:11,160 --> 00:16:14,640 Speaker 1: one these disasters that are happening right now are happening 306 00:16:14,920 --> 00:16:17,600 Speaker 1: while there's the biggest story that has hit the White 307 00:16:17,600 --> 00:16:21,840 Speaker 1: House since Watergate, that's legitimate, the biggest story since you 308 00:16:21,840 --> 00:16:25,320 Speaker 1: could even argue around Contra with the present nine States 309 00:16:25,320 --> 00:16:28,560 Speaker 1: of America compromised by the Russians and by the Chinese, 310 00:16:29,000 --> 00:16:32,960 Speaker 1: by the crime family that he's involved in. CNBC Steve 311 00:16:33,000 --> 00:16:36,520 Speaker 1: Lashman said this about inflation, these new numbers skyrocketing, and 312 00:16:36,920 --> 00:16:39,360 Speaker 1: listen carefully, because they're not lying to you. They're telling 313 00:16:39,360 --> 00:16:41,680 Speaker 1: you the truth on this. And I think the reason 314 00:16:41,880 --> 00:16:44,240 Speaker 1: is because when I look at this report, I don't 315 00:16:44,240 --> 00:16:47,520 Speaker 1: see any relief anywhere. Even before we got to this 316 00:16:47,640 --> 00:16:50,440 Speaker 1: nine point one percent, there had been some sectors that 317 00:16:50,480 --> 00:16:52,840 Speaker 1: were behaving a little bit better. I look at rents 318 00:16:52,880 --> 00:16:55,320 Speaker 1: going up. I didn't see any relief in apparel. There 319 00:16:55,400 --> 00:16:58,280 Speaker 1: was some hope folks that maybe with the inventory the 320 00:16:58,320 --> 00:17:01,000 Speaker 1: Courtney Reagan's been talking about at some of the department 321 00:17:01,040 --> 00:17:02,960 Speaker 1: stories that you might see some relief in apparel. Not 322 00:17:03,200 --> 00:17:07,760 Speaker 1: much there, not much, right, didn't see any relief, no appeal, 323 00:17:07,880 --> 00:17:10,880 Speaker 1: nothing right and I think the reason is because when 324 00:17:10,880 --> 00:17:13,000 Speaker 1: I look at this report, I don't see any relief anywhere. 325 00:17:13,160 --> 00:17:15,760 Speaker 1: That's the truth, there is no relief. They are not 326 00:17:15,840 --> 00:17:18,480 Speaker 1: trying to stop this. But I take a step back, 327 00:17:18,520 --> 00:17:21,040 Speaker 1: and I remind you I have been telling you, in 328 00:17:21,119 --> 00:17:23,720 Speaker 1: warning you this the entire time that they have been 329 00:17:23,920 --> 00:17:27,720 Speaker 1: in office. They are trying to make you weak, and 330 00:17:27,760 --> 00:17:30,480 Speaker 1: that weakness means they have more control over you. Look 331 00:17:30,480 --> 00:17:35,159 Speaker 1: at Facebook right now, Facebook, the hardcore lefty Facebook, is 332 00:17:35,160 --> 00:17:37,920 Speaker 1: prepping for what we're being told now is mass layoffs 333 00:17:38,200 --> 00:17:42,000 Speaker 1: after one of the worst downturns for the platform many 334 00:17:42,080 --> 00:17:44,720 Speaker 1: years ago. As a new college graduated, writers said, I 335 00:17:44,720 --> 00:17:47,240 Speaker 1: started out and what turned out to be a temporary 336 00:17:47,280 --> 00:17:51,280 Speaker 1: career and retail management. There was an insight I took 337 00:17:51,280 --> 00:17:54,840 Speaker 1: away from a kindly but experienced superior. He was the 338 00:17:54,880 --> 00:17:57,160 Speaker 1: first one to explain to me that a job description 339 00:17:57,760 --> 00:18:01,199 Speaker 1: was in part a tool user tracking document justifiable reasons 340 00:18:01,240 --> 00:18:07,439 Speaker 1: for terminating low performing employees. Sounds like CEO Mark Zuckerberg 341 00:18:07,480 --> 00:18:11,800 Speaker 1: knows the same business practice. In response to looming financial downturns, 342 00:18:11,880 --> 00:18:14,560 Speaker 1: Zuckerberg is laying the groundwork from as layouts at Meta, 343 00:18:14,840 --> 00:18:17,879 Speaker 1: the new name of his company, Zuckerberg put managers on 344 00:18:17,960 --> 00:18:20,360 Speaker 1: notice to start identifying those who are unable to get 345 00:18:20,400 --> 00:18:24,000 Speaker 1: on track for future cuts, as reported by Reuters during 346 00:18:24,000 --> 00:18:27,640 Speaker 1: a weekly employee question answer session, that they have weekly 347 00:18:27,800 --> 00:18:30,240 Speaker 1: that should tell you something about how idiots, how idiotic 348 00:18:30,320 --> 00:18:32,359 Speaker 1: these people actually are. You don't have weekly Q and 349 00:18:32,440 --> 00:18:35,840 Speaker 1: a's do your job right, Like I don't need a 350 00:18:35,840 --> 00:18:38,520 Speaker 1: week every week tell me about your feelings. But they 351 00:18:38,560 --> 00:18:41,120 Speaker 1: do this at Meta right they have a weekly questioned 352 00:18:41,119 --> 00:18:44,480 Speaker 1: answer session. Zuckerberg also delivered a message to Meta workers, 353 00:18:44,560 --> 00:18:47,960 Speaker 1: saying it seems it seems going woke does lead to 354 00:18:48,040 --> 00:18:52,360 Speaker 1: going broke what Discussing the situation at Meta, Zuckerberg said, 355 00:18:52,400 --> 00:18:55,280 Speaker 1: if I had to bet, I'd say that this might 356 00:18:55,320 --> 00:18:57,119 Speaker 1: be one of the worst downturns that we've seen in 357 00:18:57,160 --> 00:19:03,240 Speaker 1: recent history. Zuckerberg put responsibility layoff squarely unemployee performance. Realistically, 358 00:19:03,320 --> 00:19:05,800 Speaker 1: there are probably a bunch of people at the company 359 00:19:05,800 --> 00:19:08,920 Speaker 1: who shouldn't be here, he stated. Part of my hope 360 00:19:08,920 --> 00:19:12,439 Speaker 1: by raising expectations and having more aggressive goals and just 361 00:19:12,560 --> 00:19:14,720 Speaker 1: kind of turning up the heat a little bit is 362 00:19:14,720 --> 00:19:17,080 Speaker 1: that I think some of you might decide that this 363 00:19:17,119 --> 00:19:20,960 Speaker 1: place isn't for you, and that self selection is okay 364 00:19:21,000 --> 00:19:26,119 Speaker 1: with me. Welcome to what happens when you put liberals 365 00:19:26,160 --> 00:19:30,560 Speaker 1: in office, and this is what happens to business. You 366 00:19:30,640 --> 00:19:33,040 Speaker 1: go woke and the country goes broke. But I don't 367 00:19:33,080 --> 00:19:36,360 Speaker 1: believe that this White House is not is having any 368 00:19:36,400 --> 00:19:40,000 Speaker 1: problems with because when you're weak, they are powerful, Biden. 369 00:19:40,000 --> 00:19:45,240 Speaker 1: Inflation is much worse than expected, as consumer prices rise 370 00:19:45,320 --> 00:19:49,520 Speaker 1: to nine point one percent already at forty year highs. 371 00:19:49,560 --> 00:19:52,160 Speaker 1: They rose to an annual rate of nine point one percent. 372 00:19:52,240 --> 00:19:54,600 Speaker 1: So all these people are like, well, but your salaries 373 00:19:54,600 --> 00:19:57,399 Speaker 1: are keeping up with us, No, it's not. This is 374 00:19:57,400 --> 00:20:00,560 Speaker 1: the highest rate in the history of my lifetime, highest 375 00:20:00,640 --> 00:20:03,400 Speaker 1: rate in my lifetime. Economists had expected that the CPI 376 00:20:03,520 --> 00:20:05,960 Speaker 1: to rise to an annual rate of eight point eight percent, 377 00:20:06,000 --> 00:20:08,760 Speaker 1: up from eight point six percent of May. They expected 378 00:20:08,760 --> 00:20:10,880 Speaker 1: a month every month increase of one point one percent 379 00:20:10,920 --> 00:20:13,000 Speaker 1: of anybody get at one point one percent cost of 380 00:20:13,040 --> 00:20:17,919 Speaker 1: living raise last month. No inflation has American families hitting 381 00:20:17,960 --> 00:20:22,760 Speaker 1: them hard by raising prices for everyday and assesses like food, gasoline, housing, 382 00:20:22,760 --> 00:20:26,480 Speaker 1: transportation utilities all up. Huge increase in the price of 383 00:20:26,520 --> 00:20:30,040 Speaker 1: gasoline in June, which at all time hides several times 384 00:20:30,080 --> 00:20:32,320 Speaker 1: during the months started to sap household in business spending 385 00:20:32,359 --> 00:20:38,119 Speaker 1: on other items. Economists took a subcategory of inflation that 386 00:20:38,160 --> 00:20:41,280 Speaker 1: excludes food and fuel prices is a better guide to 387 00:20:41,400 --> 00:20:44,000 Speaker 1: future inflation than the headline number. So this is how 388 00:20:44,000 --> 00:20:46,600 Speaker 1: you're supposed to be excited. Right. They say, that's only 389 00:20:46,600 --> 00:20:49,679 Speaker 1: a five point nine percent in June, so that's a 390 00:20:49,720 --> 00:20:53,159 Speaker 1: good thing. So there's your silver lining for you. The 391 00:20:53,280 --> 00:20:56,320 Speaker 1: question we should be asking now is this, are they 392 00:20:56,400 --> 00:21:00,679 Speaker 1: doing this on purpose? When CNBC says there's no relief 393 00:21:00,680 --> 00:21:04,680 Speaker 1: and inflation anywhere. We have a present that lands by 394 00:21:04,680 --> 00:21:07,840 Speaker 1: the way today in Israel and actually says, when getting 395 00:21:07,840 --> 00:21:12,119 Speaker 1: off the airplane, confused, what am I doing now? Because 396 00:21:12,119 --> 00:21:13,920 Speaker 1: he doesn't know what he's doing now when he lands, 397 00:21:13,920 --> 00:21:15,360 Speaker 1: and you're gonna I'm gonna play this for you. It's 398 00:21:15,359 --> 00:21:24,720 Speaker 1: hard to hear, but listen carefully, What am I doing now? 399 00:21:25,520 --> 00:21:28,119 Speaker 1: That's president units It's America. He gets off a plane, 400 00:21:28,480 --> 00:21:31,240 Speaker 1: he says, not looking at anybody's face, just says out 401 00:21:31,240 --> 00:21:34,120 Speaker 1: loud to the general world, what am I doing now? 402 00:21:34,920 --> 00:21:37,560 Speaker 1: You think maybe Democrats are destroying this country on purpose? 403 00:21:37,600 --> 00:21:39,800 Speaker 1: They can rebuild it the way they want to. There's 404 00:21:39,840 --> 00:21:42,240 Speaker 1: a pretty good chance that's exactly what they're doing right now. 405 00:21:42,920 --> 00:21:44,760 Speaker 1: Maybe they don't want you to have relief. Maybe they're 406 00:21:44,760 --> 00:21:46,480 Speaker 1: not trying to fix the problem. In fact, maybe they're 407 00:21:46,480 --> 00:21:48,800 Speaker 1: trying to make it worse so that you're so weak 408 00:21:48,840 --> 00:21:54,399 Speaker 1: you can'tnot stand up to them. Sarah Huckabee Sanders, who's gonna, 409 00:21:54,440 --> 00:21:57,080 Speaker 1: I think, be the next governor of Arkansas. When the 410 00:21:57,119 --> 00:21:59,359 Speaker 1: news broke this morning, the AP put out a tweet 411 00:21:59,359 --> 00:22:01,440 Speaker 1: and it said US inflation hit at nine point one 412 00:22:01,480 --> 00:22:04,600 Speaker 1: percent over the past year, highest rate in four decades. 413 00:22:05,320 --> 00:22:08,600 Speaker 1: She said it this way, Inflation is a pay cut 414 00:22:08,640 --> 00:22:12,080 Speaker 1: for every American, and Democrats are held been on making 415 00:22:12,080 --> 00:22:16,040 Speaker 1: it worse with more government spending. Now you may say, well, 416 00:22:16,040 --> 00:22:17,960 Speaker 1: they're not really trying to do that, are they, Like, 417 00:22:18,119 --> 00:22:21,200 Speaker 1: come on, they're not actually trying to spend more money. Yes, 418 00:22:21,240 --> 00:22:24,960 Speaker 1: they are. In fact, Brian D's at the White House, 419 00:22:25,000 --> 00:22:28,600 Speaker 1: standing in front of the White House this morning, said 420 00:22:28,640 --> 00:22:31,560 Speaker 1: it's time for Congress to spend not less money, it's 421 00:22:31,600 --> 00:22:36,560 Speaker 1: time for Congress to spend more money. Listen, well, look, 422 00:22:36,840 --> 00:22:38,800 Speaker 1: you know a couple of points on today's reports you 423 00:22:38,840 --> 00:22:41,480 Speaker 1: just said. The first is, you know, it's backward looking 424 00:22:41,480 --> 00:22:43,800 Speaker 1: and it doesn't reflect what we've seen over the last 425 00:22:43,840 --> 00:22:46,600 Speaker 1: thirty days, which is a significant declining. Gas prices down 426 00:22:46,600 --> 00:22:49,800 Speaker 1: about forty cents that June report, about half of it 427 00:22:49,840 --> 00:22:53,560 Speaker 1: was driven by energy prices, and we've seen moderation since. 428 00:22:53,960 --> 00:22:55,440 Speaker 1: I love this. By the way, next time you screw 429 00:22:55,520 --> 00:22:57,639 Speaker 1: up at work, right, next time you're being held accountable 430 00:22:57,640 --> 00:23:00,679 Speaker 1: for crappy sales numbers or missing work, yes, they just go. 431 00:23:00,720 --> 00:23:03,680 Speaker 1: Hold on a second. That's backward looking. That's not the future. 432 00:23:04,520 --> 00:23:08,800 Speaker 1: That's backward looking, like I know, my sales numbers haven't 433 00:23:08,840 --> 00:23:10,679 Speaker 1: been good, Like I know I haven't been showing up 434 00:23:10,680 --> 00:23:13,840 Speaker 1: on time, but this morning I did. And that's backward looking. 435 00:23:13,880 --> 00:23:16,639 Speaker 1: That's the excuse from the White House. It says, backward looking. 436 00:23:16,680 --> 00:23:19,440 Speaker 1: How dare you call us out on the disaster which 437 00:23:19,480 --> 00:23:23,000 Speaker 1: is economy because just backward looking, we're looking forward. But 438 00:23:23,080 --> 00:23:26,760 Speaker 1: the second point is that in the core, inflation remains 439 00:23:26,800 --> 00:23:29,119 Speaker 1: too high, which is why we need action. And I 440 00:23:29,160 --> 00:23:31,000 Speaker 1: just want to underscore. If there's one thing to take 441 00:23:31,040 --> 00:23:34,080 Speaker 1: away from this report, it's that there is more urgency 442 00:23:34,200 --> 00:23:37,160 Speaker 1: now than ever in Congress moving to pass a bill 443 00:23:37,520 --> 00:23:40,480 Speaker 1: to try to build more domestic semiconductors to try to 444 00:23:40,520 --> 00:23:43,440 Speaker 1: bring down the price of those goods. You see across 445 00:23:43,480 --> 00:23:46,480 Speaker 1: this report, things like used cars and new vehicles, those 446 00:23:46,520 --> 00:23:50,399 Speaker 1: prices holding up. That is not principally driven by demand. 447 00:23:50,440 --> 00:23:53,399 Speaker 1: It's driven by supply and constraint supply. We know how 448 00:23:53,480 --> 00:23:55,440 Speaker 1: to solve that. We should have solved that months ago, 449 00:23:55,520 --> 00:23:57,400 Speaker 1: but we now have a moment we need to do that. 450 00:23:57,600 --> 00:23:59,600 Speaker 1: If there's any takeaway from this report, it should be 451 00:23:59,600 --> 00:24:02,880 Speaker 1: that the national economic like the dude at the White House, 452 00:24:03,240 --> 00:24:08,160 Speaker 1: This is the guy. Okay, he's literally telling you that 453 00:24:08,280 --> 00:24:10,919 Speaker 1: we need to spend more money to somehow fix the 454 00:24:11,000 --> 00:24:14,600 Speaker 1: problem with all the money we already spent that's gotten 455 00:24:14,680 --> 00:24:19,120 Speaker 1: us into the situation. Listen the response from CNBC, Although 456 00:24:19,200 --> 00:24:21,600 Speaker 1: that brings us right back to the circular argument, Brian 457 00:24:21,720 --> 00:24:24,960 Speaker 1: that more spending is not what you typically do in 458 00:24:25,000 --> 00:24:27,600 Speaker 1: the face of high inflation. How do we break out 459 00:24:27,600 --> 00:24:31,080 Speaker 1: of that circle? No, Look, I think you have to 460 00:24:31,080 --> 00:24:32,960 Speaker 1: look at the unique situation that we're in as an 461 00:24:32,960 --> 00:24:35,560 Speaker 1: economy and think about how do we build more supply. 462 00:24:35,640 --> 00:24:38,240 Speaker 1: How do we increase the productive capacity of our economy 463 00:24:38,440 --> 00:24:41,760 Speaker 1: so that we actually can supply more goods bring prices down. 464 00:24:42,000 --> 00:24:44,760 Speaker 1: We know the answer on semiconductors exactly. We need more 465 00:24:44,760 --> 00:24:47,119 Speaker 1: supply of those goods you were just talking about housing, 466 00:24:47,200 --> 00:24:49,960 Speaker 1: same issue. Obviously, mortgage rates are going to increase us 467 00:24:50,000 --> 00:24:52,800 Speaker 1: as the FED continues to tighten. But as we do that, 468 00:24:52,880 --> 00:24:56,440 Speaker 1: we need to keep homebuilders building supply because we know 469 00:24:56,480 --> 00:24:58,840 Speaker 1: that at core the housing issue is a lack of 470 00:24:58,880 --> 00:25:01,800 Speaker 1: affordable supply. It's been a decade or more in the making. 471 00:25:01,840 --> 00:25:05,680 Speaker 1: But as we move through this transition, providing incentives, for example, 472 00:25:05,680 --> 00:25:09,479 Speaker 1: for builders to continue to build affordable homes as we do. 473 00:25:09,560 --> 00:25:13,480 Speaker 1: So that's that's out of the traditional box of fiscal 474 00:25:13,840 --> 00:25:16,160 Speaker 1: you know, Keynsi and fiscal stimulus. It's more about how 475 00:25:16,160 --> 00:25:19,080 Speaker 1: do we actually invest to build more capability here in 476 00:25:19,119 --> 00:25:21,520 Speaker 1: the country that will help bring down prices in areas 477 00:25:21,520 --> 00:25:24,000 Speaker 1: like semiconductors and housing. So there it is. We're going 478 00:25:24,040 --> 00:25:26,280 Speaker 1: to bring down prices. We're not exactly sure, but we're 479 00:25:26,320 --> 00:25:29,320 Speaker 1: gonna bring them down. And and if we just spend 480 00:25:29,359 --> 00:25:32,600 Speaker 1: more money, right, so, just we need Congress to actually 481 00:25:32,680 --> 00:25:37,000 Speaker 1: spend more money, get us into more debt, print more money, 482 00:25:37,040 --> 00:25:39,040 Speaker 1: which would then got us to where we are now, 483 00:25:39,040 --> 00:25:41,480 Speaker 1: but somehow to fix us because we didn't spend enough 484 00:25:41,480 --> 00:25:46,040 Speaker 1: trillions before. Again, I asked the question, you think maybe 485 00:25:46,080 --> 00:25:51,160 Speaker 1: they're doing this on purpose. You think maybe they're actually 486 00:25:51,160 --> 00:25:54,000 Speaker 1: trying to destroy this country on purpose so they can 487 00:25:54,040 --> 00:25:57,200 Speaker 1: rebuild this country the way they want to, because they're 488 00:25:57,200 --> 00:25:59,239 Speaker 1: certainly not trying to fix the problem. You can hear 489 00:25:59,280 --> 00:26:03,440 Speaker 1: it from what they're saying there. You know, the White 490 00:26:03,480 --> 00:26:07,640 Speaker 1: House has still got their talking points out there. Democrats 491 00:26:07,760 --> 00:26:11,399 Speaker 1: had their press conference today and they're still ripping on 492 00:26:11,440 --> 00:26:16,960 Speaker 1: the Supreme Court. Representative Jeffries saying this today about the 493 00:26:16,960 --> 00:26:19,160 Speaker 1: Spring Court. Now, this is while they're having their meeting. 494 00:26:19,160 --> 00:26:21,240 Speaker 1: They're trying to distract you, right, hold on, we got 495 00:26:21,240 --> 00:26:22,520 Speaker 1: to talk about the Spring courts some more, and the 496 00:26:22,520 --> 00:26:25,560 Speaker 1: spren Court sucks. Representtive Jeffries had this to say about 497 00:26:25,560 --> 00:26:28,400 Speaker 1: the Spreme Court just this morning. No one's talking about 498 00:26:28,400 --> 00:26:30,199 Speaker 1: the Spring Court and average America right now. But the 499 00:26:30,200 --> 00:26:35,639 Speaker 1: Democrats are given the recent Supreme Court rulings on guns 500 00:26:35,640 --> 00:26:38,240 Speaker 1: on aboard chan. You's also got all these recess coming 501 00:26:38,320 --> 00:26:41,440 Speaker 1: up the elections. It's safe to say that the Supreme 502 00:26:41,480 --> 00:26:44,240 Speaker 1: Court ruling on the EPA, that won't be enough time. 503 00:26:44,440 --> 00:26:48,520 Speaker 1: Can you do anything legislatively on that? In this congerdence, Well, 504 00:26:48,080 --> 00:26:51,680 Speaker 1: I want to yield to Andy and Jason here as 505 00:26:51,680 --> 00:26:54,560 Speaker 1: we close. But you know, we have a radical, right wing, 506 00:26:55,040 --> 00:27:02,040 Speaker 1: extreme Supreme Court majority that is undermining the ability of 507 00:27:02,080 --> 00:27:07,840 Speaker 1: the Congress to address issues of clear public concern, which 508 00:27:07,880 --> 00:27:11,800 Speaker 1: include making sure we have clean water, clean air, and 509 00:27:11,880 --> 00:27:14,159 Speaker 1: can protect the health, safety, and well being of the 510 00:27:14,160 --> 00:27:17,320 Speaker 1: American people. At the same time, they are stripping away 511 00:27:17,880 --> 00:27:21,720 Speaker 1: a woman's freedom to make our own reproductive healthcare decisions 512 00:27:21,760 --> 00:27:24,960 Speaker 1: and want to open the door to allow a nation 513 00:27:25,320 --> 00:27:32,840 Speaker 1: wide ban and criminalization of reproductive healthcare, and are opening 514 00:27:32,840 --> 00:27:35,800 Speaker 1: the door to flooding our streets with more guns at 515 00:27:35,800 --> 00:27:38,120 Speaker 1: the same time. So we're going to continue to look 516 00:27:38,880 --> 00:27:44,199 Speaker 1: at every available legislative avenue to address these issues of 517 00:27:44,240 --> 00:27:47,520 Speaker 1: concern to the American people. The moment demands it, and 518 00:27:47,560 --> 00:27:49,520 Speaker 1: we're going to act with the fierce urgency of now 519 00:27:49,640 --> 00:27:53,800 Speaker 1: Atlas he's being transparent. We're going to undermine the Constitution. 520 00:27:54,000 --> 00:27:57,040 Speaker 1: We're going to undermine the American people. We're gonna make 521 00:27:57,080 --> 00:27:59,760 Speaker 1: you go broke so we can add more power over you. 522 00:28:00,040 --> 00:28:02,760 Speaker 1: Going to spend more money from a government so that 523 00:28:02,800 --> 00:28:05,920 Speaker 1: the government so you become weaker, the economy becomes weaker, 524 00:28:06,240 --> 00:28:08,640 Speaker 1: so that the consumer pricings go up and you don't 525 00:28:08,680 --> 00:28:10,640 Speaker 1: get a pay increase and we're going to do all 526 00:28:10,680 --> 00:28:14,480 Speaker 1: this so that we can fundamentally change the United States 527 00:28:14,560 --> 00:28:16,960 Speaker 1: of America, because this is what you can do when 528 00:28:16,960 --> 00:28:19,480 Speaker 1: you have the party leader Joe Biden sniffing a young 529 00:28:19,520 --> 00:28:24,080 Speaker 1: woman in Delaware biking trail on camera. Go watch it, 530 00:28:24,080 --> 00:28:28,159 Speaker 1: it's out there, look at it. One last thing. The 531 00:28:28,200 --> 00:28:30,399 Speaker 1: media is also still trying to sell you on this 532 00:28:30,480 --> 00:28:34,000 Speaker 1: January the sixth thing. They're still trying to sell you 533 00:28:34,080 --> 00:28:38,320 Speaker 1: on this, you know, you know, this January the sixth 534 00:28:38,840 --> 00:28:42,120 Speaker 1: insurrection the Republican Party, and I think they've overplayed it 535 00:28:42,160 --> 00:28:44,760 Speaker 1: to the point now where not only are the as 536 00:28:44,760 --> 00:28:47,800 Speaker 1: I mentioned earlier, the ratings dismal, even on the liberal 537 00:28:47,800 --> 00:28:50,000 Speaker 1: networks who are covering this twenty four seven, the January 538 00:28:50,080 --> 00:28:53,440 Speaker 1: six hearings, but they are, but they are over selling 539 00:28:53,480 --> 00:28:55,120 Speaker 1: this point where I think people are just tuning out 540 00:28:55,120 --> 00:28:57,479 Speaker 1: to it. I think they are. I think they're going 541 00:28:57,520 --> 00:28:59,960 Speaker 1: to have a very big root awakening come November became 542 00:29:00,000 --> 00:29:02,719 Speaker 1: as American people do not give a crap about January 543 00:29:02,840 --> 00:29:05,600 Speaker 1: sixth right now. They care about how bad things are 544 00:29:05,600 --> 00:29:07,800 Speaker 1: in the economy. But the media, all of them, are 545 00:29:07,840 --> 00:29:11,440 Speaker 1: still pushing this narrative. Listen, there's never been a bigger 546 00:29:11,560 --> 00:29:15,000 Speaker 1: or more important story in American history than this. This 547 00:29:15,040 --> 00:29:18,080 Speaker 1: is the most important story in the history of the Republic. 548 00:29:18,160 --> 00:29:21,320 Speaker 1: These January sixth hearings are remarkable. They are riveting. The 549 00:29:21,400 --> 00:29:24,320 Speaker 1: hearings last night, they were searing, They were vivid, it 550 00:29:24,400 --> 00:29:27,520 Speaker 1: was compelling, it was chilling. The videos were chilling, and 551 00:29:27,560 --> 00:29:30,120 Speaker 1: it was I think it's going to be historic. This 552 00:29:30,320 --> 00:29:36,560 Speaker 1: was a historic, compelling hearing. This is very compelling television. 553 00:29:36,600 --> 00:29:39,480 Speaker 1: Because it's a very compelling hearing, and it's compelling, it's 554 00:29:39,520 --> 00:29:42,720 Speaker 1: must SETV. I've been texting with a number of sources. 555 00:29:42,760 --> 00:29:45,360 Speaker 1: I was texting people live during the hearing. The words 556 00:29:45,360 --> 00:29:48,680 Speaker 1: that I was hearing from them were stomach turning, riveting, compelling. 557 00:29:48,680 --> 00:29:50,680 Speaker 1: One senator told me that he had a lump in 558 00:29:50,760 --> 00:29:53,080 Speaker 1: his throat as he was watching the video and hearing 559 00:29:53,080 --> 00:29:56,600 Speaker 1: this testimony. Stunning testimony from the House Select Committee investigating 560 00:29:56,640 --> 00:30:00,640 Speaker 1: the January sixth assault, A stunning round of testimony from 561 00:30:00,680 --> 00:30:02,800 Speaker 1: the witnesses. Of course, what the committee was able to 562 00:30:02,840 --> 00:30:05,080 Speaker 1: offer in terms of new materials that we had never 563 00:30:05,080 --> 00:30:09,360 Speaker 1: seen before. This is so much worse than something like Watergate. 564 00:30:09,520 --> 00:30:11,680 Speaker 1: This is so much worse than Watergate. This is a 565 00:30:11,720 --> 00:30:16,160 Speaker 1: watershed moment for our democracy. What happened on January sixth 566 00:30:16,240 --> 00:30:19,320 Speaker 1: is so much worse than Watergate. Really, it really is 567 00:30:19,600 --> 00:30:25,720 Speaker 1: by a hundred degrees orders of magnitude worse than Watergate. 568 00:30:26,640 --> 00:30:29,960 Speaker 1: You know you know about Watergate history books. This blows 569 00:30:30,000 --> 00:30:32,200 Speaker 1: Watergate out of the water. Watergate is a woke in 570 00:30:32,280 --> 00:30:34,920 Speaker 1: the park next to the January sixth attack on American 571 00:30:34,960 --> 00:30:38,480 Speaker 1: democracy and the almost assassination of an American vice president 572 00:30:38,640 --> 00:30:41,640 Speaker 1: at the hounds of a mob incited by the American president. 573 00:30:41,760 --> 00:30:45,200 Speaker 1: This is the most important and disturbing incident that's ever 574 00:30:45,280 --> 00:30:47,520 Speaker 1: happened in the two hundred forty six years of the 575 00:30:47,560 --> 00:30:51,719 Speaker 1: American Constitutional Republic. There it is. That's what they are 576 00:30:51,760 --> 00:30:55,080 Speaker 1: wanting you to focus on. None of this is real, 577 00:30:55,320 --> 00:30:59,200 Speaker 1: none of this is accurate, but who cares keep doing it? 578 00:31:00,160 --> 00:31:01,880 Speaker 1: The thing, if you think states are going to back 579 00:31:01,880 --> 00:31:05,240 Speaker 1: down from taking away your rights, they're not. California Governor 580 00:31:05,280 --> 00:31:08,640 Speaker 1: just announced he's signed a law allowing gun violence victims 581 00:31:08,640 --> 00:31:13,240 Speaker 1: to sue the firearm manufacture for damages. What does this mean, Well, 582 00:31:13,280 --> 00:31:16,000 Speaker 1: you could also, I guess, in the future in California, 583 00:31:16,040 --> 00:31:18,080 Speaker 1: if you get hit by a drunk driver, sue the 584 00:31:18,160 --> 00:31:22,280 Speaker 1: vehicle company maker. And say, well, Volvo or land Rover 585 00:31:22,480 --> 00:31:25,120 Speaker 1: or Honda was responsible for my crash. And if this 586 00:31:25,280 --> 00:31:30,280 Speaker 1: happens that it's designed to put any business out of business, 587 00:31:30,320 --> 00:31:33,479 Speaker 1: any business out of business, because you could never stop 588 00:31:33,520 --> 00:31:35,600 Speaker 1: all the lawsuits coming in and defend them all, even 589 00:31:35,600 --> 00:31:37,920 Speaker 1: if you're right on every one of them. Imagine you 590 00:31:37,920 --> 00:31:40,640 Speaker 1: get burned by coffee, and then in California they say 591 00:31:40,080 --> 00:31:44,240 Speaker 1: you can actually sue the electric company who gave the 592 00:31:44,240 --> 00:31:47,160 Speaker 1: electricity for the coffee maker, and sue the coffee maker 593 00:31:47,160 --> 00:31:49,760 Speaker 1: company and the filter company, and the coffee being grower, 594 00:31:50,040 --> 00:31:52,680 Speaker 1: and the coffee being manufacturer, and the coffee being roaster, 595 00:31:52,720 --> 00:31:55,120 Speaker 1: and the coffee being packager. And then you can sue 596 00:31:55,120 --> 00:31:57,000 Speaker 1: the cup company that the coffee was in when you 597 00:31:57,040 --> 00:31:59,560 Speaker 1: spill it on yourself and the lid and the holder, 598 00:31:59,760 --> 00:32:02,080 Speaker 1: and then the store and then the store owner and 599 00:32:02,120 --> 00:32:05,160 Speaker 1: the waitress who brought it to you. That's what California 600 00:32:05,240 --> 00:32:09,840 Speaker 1: is now doing. California Governor Knewsom signed a law today 601 00:32:09,840 --> 00:32:12,640 Speaker 1: that clears the path for gun violence victims to file 602 00:32:12,720 --> 00:32:17,080 Speaker 1: civil suits against the companies that manufactured the firearm using crimes. 603 00:32:18,560 --> 00:32:21,560 Speaker 1: They say. The movement titans gun laws in California, which 604 00:32:21,560 --> 00:32:24,040 Speaker 1: has the strictest gun safety measures in the nation, according 605 00:32:24,320 --> 00:32:27,320 Speaker 1: to the Gifford's Law Center, to the victims of gun 606 00:32:27,400 --> 00:32:29,840 Speaker 1: violence in their family, the California governor says, we stand 607 00:32:29,880 --> 00:32:32,440 Speaker 1: with you. The gun industry can no longer hide from 608 00:32:32,440 --> 00:32:36,760 Speaker 1: the datavas setting harm their products cause. By the way, 609 00:32:36,760 --> 00:32:39,600 Speaker 1: a two thousand and five federal law protects gun manufacturers 610 00:32:39,600 --> 00:32:42,520 Speaker 1: and dealers from lawsuits when the weapons they produce are 611 00:32:42,600 --> 00:32:44,640 Speaker 1: used to commit crimes. The same way that you can't 612 00:32:44,640 --> 00:32:47,840 Speaker 1: just randomly sue everybody involved in something when you have 613 00:32:47,880 --> 00:32:50,120 Speaker 1: a bad day at any issue, Just like I referred 614 00:32:50,120 --> 00:32:54,560 Speaker 1: to with the hot coffee scenario, it's called a frivolous lawsuit. 615 00:32:54,640 --> 00:32:57,920 Speaker 1: We don't allow it. Well now in California, they're absolutely 616 00:32:57,960 --> 00:33:00,320 Speaker 1: trying to get it to be norm so that they 617 00:33:00,320 --> 00:33:02,400 Speaker 1: can put any business out of business they want to. 618 00:33:03,000 --> 00:33:07,280 Speaker 1: You notice the remaking America, Wake up and pay attention. 619 00:33:07,880 --> 00:33:10,200 Speaker 1: Make sure you share this podcast with your family and friends. 620 00:33:10,280 --> 00:33:12,840 Speaker 1: Please write us a five star review if you've never 621 00:33:12,880 --> 00:33:15,840 Speaker 1: done that before. It helps us reach more conservatives and 622 00:33:15,840 --> 00:33:17,720 Speaker 1: get the word out. And we'll see you back here tomorrow.