1 00:00:00,280 --> 00:00:03,600 Speaker 1: In a pirate. How's that street fighter and a pirates. 2 00:00:03,880 --> 00:00:08,880 Speaker 1: I'm in. That's bulling. I'm in. Have a great weekends. 3 00:00:08,880 --> 00:00:11,880 Speaker 1: Talk to Rob Sigmu will land that up. All right, brother, 4 00:00:11,920 --> 00:00:15,240 Speaker 1: thank you so much on a Friday. Appreciate you. Okay, folks, 5 00:00:15,480 --> 00:00:20,000 Speaker 1: historic day, big sell off, orderly, not no panic there, 6 00:00:20,040 --> 00:00:24,360 Speaker 1: although the MSNBC and CNBC trying their best to stir 7 00:00:24,480 --> 00:00:25,960 Speaker 1: up a panic. Here's were going to do. We got 8 00:00:26,040 --> 00:00:27,960 Speaker 1: kind of a cold open, longer col over because so 9 00:00:28,040 --> 00:00:31,200 Speaker 1: much going on. Let's play it in our return with 10 00:00:31,440 --> 00:00:34,879 Speaker 1: observations in analysis. As we open the ward. 11 00:00:35,520 --> 00:00:37,239 Speaker 2: It's so important that you bring up the fact that 12 00:00:37,280 --> 00:00:40,760 Speaker 2: the Biden administration was late on figuring out just how 13 00:00:42,120 --> 00:00:45,280 Speaker 2: dangerous inflation would be to working Americans. And again he 14 00:00:45,320 --> 00:00:48,040 Speaker 2: said it was transitory. It ended up not being transitory. 15 00:00:48,680 --> 00:00:51,040 Speaker 2: But Steph, it's very interesting you you you bring up 16 00:00:51,240 --> 00:00:54,160 Speaker 2: the Treasury Secretary who again a couple of weeks ago, 17 00:00:54,320 --> 00:00:59,280 Speaker 2: said ah, cheap goods, affordable goods, not a god given 18 00:00:59,360 --> 00:01:03,560 Speaker 2: right for America and consumers, and then saying yesterday, well, 19 00:01:03,600 --> 00:01:07,640 Speaker 2: other countries shouldn't push back against these high tariffs. 20 00:01:07,800 --> 00:01:09,200 Speaker 3: They're just going to do that. 21 00:01:09,240 --> 00:01:11,279 Speaker 2: And we showed some clips of Scott Bessant. 22 00:01:11,640 --> 00:01:12,720 Speaker 3: Lee looks very. 23 00:01:12,640 --> 00:01:16,000 Speaker 2: Uncomfortable, and I suspect it's because neither he nor many 24 00:01:16,040 --> 00:01:18,600 Speaker 2: of the people who are advising the president, certainly not 25 00:01:18,760 --> 00:01:22,000 Speaker 2: those on Wall Street supporting him, actually agree with the 26 00:01:22,040 --> 00:01:26,440 Speaker 2: president on tariff. I mean, Donald Trump stands almost completely 27 00:01:26,560 --> 00:01:31,679 Speaker 2: alone in believing that he can reorder you know, forty 28 00:01:31,680 --> 00:01:34,360 Speaker 2: five years of globalism. 29 00:01:35,280 --> 00:01:36,080 Speaker 3: Bingo Joe. 30 00:01:36,200 --> 00:01:38,600 Speaker 4: My sources say that Scott Bessant is kind of the 31 00:01:38,640 --> 00:01:40,880 Speaker 4: odd man out here and in the inner circle that 32 00:01:40,920 --> 00:01:43,760 Speaker 4: Trump has, He's not even close to Scott Bessont or 33 00:01:43,800 --> 00:01:46,040 Speaker 4: listening to him. Some have said to me he's looking 34 00:01:46,080 --> 00:01:48,760 Speaker 4: for an exit door to try to get himself to 35 00:01:48,800 --> 00:01:51,400 Speaker 4: the Fed, because in the last few days he's really 36 00:01:51,440 --> 00:01:54,560 Speaker 4: hurting his own credibility and history in the markets. Those 37 00:01:54,560 --> 00:01:58,120 Speaker 4: who have said this man actually understands how the markets work, 38 00:01:58,320 --> 00:02:00,559 Speaker 4: and what's happening right now is on going. 39 00:02:00,440 --> 00:02:01,240 Speaker 3: To hurt markets. 40 00:02:01,240 --> 00:02:03,360 Speaker 4: And even for stop Besson to say a few weeks ago, 41 00:02:03,640 --> 00:02:05,880 Speaker 4: you know, getting cheap goods fast is not part of 42 00:02:05,880 --> 00:02:08,080 Speaker 4: the American dream. No, it's not part of the American dream, 43 00:02:08,360 --> 00:02:11,680 Speaker 4: but as part of the way Ericans live, especially people 44 00:02:11,720 --> 00:02:15,560 Speaker 4: who are economically vulnerable, they don't have the option to 45 00:02:16,200 --> 00:02:19,200 Speaker 4: say nope, I like hire things that cost war. They 46 00:02:19,200 --> 00:02:21,160 Speaker 4: need low cost things because they don't make. 47 00:02:21,040 --> 00:02:23,320 Speaker 5: It that much money uns that Jerome pal and the 48 00:02:23,320 --> 00:02:26,959 Speaker 5: Federal Reserve now faced before what we talked about was inflation, 49 00:02:27,400 --> 00:02:31,600 Speaker 5: the high costs of everything homes, mortgages, cars, whatever caught 50 00:02:31,639 --> 00:02:34,120 Speaker 5: up in the COVID supply chain crunch that we had 51 00:02:34,120 --> 00:02:35,000 Speaker 5: a couple of years ago. 52 00:02:35,280 --> 00:02:37,520 Speaker 3: Price is still too darn high. 53 00:02:37,560 --> 00:02:40,639 Speaker 5: I will filter myself as it's the family Show, and 54 00:02:40,720 --> 00:02:42,840 Speaker 5: now all of a sudden, the Federal Reserve is finding 55 00:02:42,840 --> 00:02:46,720 Speaker 5: itself trying to fight this tariff, this trade war, which 56 00:02:46,840 --> 00:02:48,880 Speaker 5: I almost say came out of the blue, but certainly 57 00:02:48,919 --> 00:02:51,440 Speaker 5: is a lot worse than people expected. I'm not sure 58 00:02:51,520 --> 00:02:53,480 Speaker 5: anybody on Wall Street that we have talked to here 59 00:02:53,560 --> 00:02:57,440 Speaker 5: on CNBC expected the President to do exactly what he did. 60 00:02:57,680 --> 00:03:00,720 Speaker 3: Most people said, wow, you know what's He's just hubris. 61 00:03:00,840 --> 00:03:02,960 Speaker 5: He's going to say this, but ultimately we're not going 62 00:03:03,000 --> 00:03:05,560 Speaker 5: to get the worst. Well guess what we got the 63 00:03:05,600 --> 00:03:10,400 Speaker 5: worst and then some. Now to your point, jose China's responding, What. 64 00:03:10,320 --> 00:03:12,640 Speaker 3: Did j Powell say today? The Fed share? Well number one, 65 00:03:12,680 --> 00:03:13,280 Speaker 3: he said. 66 00:03:13,080 --> 00:03:15,919 Speaker 5: I'm not going to respond to what the President did, 67 00:03:15,960 --> 00:03:19,000 Speaker 5: because the Federal Reserve is not supposed to respond to 68 00:03:19,040 --> 00:03:22,160 Speaker 5: elected officials. But if you read between the lines that 69 00:03:22,200 --> 00:03:24,880 Speaker 5: I can assure you there is no love loss between 70 00:03:24,880 --> 00:03:25,919 Speaker 5: these two men, J. 71 00:03:26,160 --> 00:03:27,520 Speaker 3: Powell and President Trump. 72 00:03:28,240 --> 00:03:32,960 Speaker 5: President Trump wants lower interest rates, lower mortgages, and lower inflation. 73 00:03:33,120 --> 00:03:35,280 Speaker 3: He has openly called for the Federal Reserve to cut rates. 74 00:03:35,920 --> 00:03:39,120 Speaker 5: The Federal Reserve, though now is believing that if tariffs 75 00:03:39,400 --> 00:03:42,680 Speaker 5: are enacted as we know that they will be, prices 76 00:03:42,800 --> 00:03:46,840 Speaker 5: are likely to rise. That's inflation, and the Federal Reserve 77 00:03:46,880 --> 00:03:49,280 Speaker 5: does not cut rates in inflation. If anything, it might 78 00:03:49,680 --> 00:03:52,920 Speaker 5: keep rates steady or perhaps even raise them. So this 79 00:03:52,960 --> 00:03:56,680 Speaker 5: is a global conundrum that, as we're seeing from the 80 00:03:56,760 --> 00:03:59,520 Speaker 5: charts and the numbers today, Wall Street is caught in 81 00:03:59,520 --> 00:04:01,600 Speaker 5: the middle of and it's kind of a self first, 82 00:04:01,720 --> 00:04:03,840 Speaker 5: asked questions later theory. 83 00:04:03,920 --> 00:04:06,880 Speaker 4: Good look at the markets. It has obviously been a 84 00:04:06,920 --> 00:04:10,520 Speaker 4: disastrous week. The response from big investors in small near 85 00:04:10,600 --> 00:04:13,320 Speaker 4: and far is not good. And it's no surprise that 86 00:04:13,440 --> 00:04:16,920 Speaker 4: this White House is under pressure, the President, his cabinet. 87 00:04:16,960 --> 00:04:20,600 Speaker 4: They are getting calls from CEOs from investors because across 88 00:04:20,640 --> 00:04:23,279 Speaker 4: the board we are hearing this is bad news. This morning, 89 00:04:23,320 --> 00:04:25,160 Speaker 4: I reported that I had heard from close to the 90 00:04:25,160 --> 00:04:28,000 Speaker 4: White House that there was so much pressure Scott Vessen, 91 00:04:28,120 --> 00:04:32,119 Speaker 4: the Treasury Secretary Secretary, was potentially not in the inner 92 00:04:32,160 --> 00:04:34,760 Speaker 4: circle and potentially looking to make a move to the FED. 93 00:04:34,839 --> 00:04:37,520 Speaker 4: I actually spoke to someone this afternoon, a high level 94 00:04:37,560 --> 00:04:41,080 Speaker 4: person inside the administration, who cleared that up, and they 95 00:04:41,080 --> 00:04:42,480 Speaker 4: said to me, and I want to get it right. 96 00:04:42,560 --> 00:04:45,200 Speaker 4: Secretary Vessent is more committed than ever to his role 97 00:04:45,200 --> 00:04:48,840 Speaker 4: as Treasury Secretary. He's meeting with the President several times 98 00:04:48,880 --> 00:04:51,880 Speaker 4: a day and communicating with the rest of the cabinet. Obviously, 99 00:04:51,920 --> 00:04:55,000 Speaker 4: this week's market reaction is painful, but this is about 100 00:04:55,040 --> 00:04:58,320 Speaker 4: an economic reset. So according to Bessent, he's not leaving. 101 00:04:58,360 --> 00:05:01,200 Speaker 4: But Katie, you've covered this has been a this time 102 00:05:01,279 --> 00:05:05,080 Speaker 4: and last. Palace intrigue is not new to a Trump administration, 103 00:05:05,480 --> 00:05:08,200 Speaker 4: and when there's pressure like this, you know the knives 104 00:05:08,240 --> 00:05:10,680 Speaker 4: are out for one another. The interesting thing in the 105 00:05:10,720 --> 00:05:13,960 Speaker 4: tariff situation, though, Katie, who is the President going to 106 00:05:14,000 --> 00:05:18,120 Speaker 4: blame but himself. President Trump is deeply committed to this 107 00:05:18,240 --> 00:05:21,000 Speaker 4: idea of tariffs. What we've heard from Secretary of Vesson 108 00:05:21,200 --> 00:05:23,479 Speaker 4: is less about the tariffs, but he had what he 109 00:05:23,560 --> 00:05:25,839 Speaker 4: has talked about over and over and the reason he 110 00:05:25,920 --> 00:05:29,320 Speaker 4: wanted to join this administration. His panic is about debt 111 00:05:29,600 --> 00:05:32,400 Speaker 4: and deficits. Now we're not seeing any of that cleared 112 00:05:32,440 --> 00:05:34,400 Speaker 4: up just yet. And the thing that has me thinking 113 00:05:34,480 --> 00:05:36,919 Speaker 4: so much, you were just talking to Yasmin about that 114 00:05:37,080 --> 00:05:40,400 Speaker 4: dress at Macy's. If you and I finished your program 115 00:05:40,520 --> 00:05:42,520 Speaker 4: and decided to take a walk in the garment district 116 00:05:42,560 --> 00:05:43,680 Speaker 4: of New York City, you know why. 117 00:05:43,560 --> 00:05:45,560 Speaker 3: That would be a problem because. 118 00:05:45,320 --> 00:05:48,320 Speaker 4: There isn't a garment district in New York City anymore. 119 00:05:48,480 --> 00:05:51,320 Speaker 4: It doesn't exist. You can walk into a shopping mall 120 00:05:51,360 --> 00:05:54,119 Speaker 4: this weekend and wonder are all of these stores still 121 00:05:54,120 --> 00:05:56,440 Speaker 4: going to be solvent. And while we've heard it less 122 00:05:56,440 --> 00:05:59,680 Speaker 4: from Vessent and more from Commerce Secretary Leutnik, who is 123 00:05:59,720 --> 00:06:03,880 Speaker 4: the negotiating on these tariffs, this idea that we're suddenly 124 00:06:03,880 --> 00:06:07,080 Speaker 4: going to bring all this manufacturing back where Adita is 125 00:06:07,120 --> 00:06:10,400 Speaker 4: spent fifteen years trying to build manufacturing in the United States. 126 00:06:10,480 --> 00:06:12,720 Speaker 4: We don't have it in a scalable way. I think 127 00:06:12,760 --> 00:06:15,960 Speaker 4: New Balance has a small sneaker making operation, but on 128 00:06:15,960 --> 00:06:18,120 Speaker 4: one of our other networks over the week, I heard 129 00:06:18,120 --> 00:06:19,880 Speaker 4: someone saying, you know, it's time for me to be 130 00:06:19,920 --> 00:06:22,960 Speaker 4: buying my two hundred dollars Nike sneakers that were made here. Well, 131 00:06:22,960 --> 00:06:24,760 Speaker 4: if they're going to be made here, it's going to 132 00:06:24,800 --> 00:06:26,920 Speaker 4: take two more years or three more years to build 133 00:06:26,920 --> 00:06:29,720 Speaker 4: that factory, and they're going to cost four hundred dollars. 134 00:06:29,880 --> 00:06:31,960 Speaker 4: So the panic that's in the market's Katie. 135 00:06:32,080 --> 00:06:34,040 Speaker 3: I don't know that it's going away, but. 136 00:06:34,000 --> 00:06:36,360 Speaker 4: It's understandable that you would start to see some sort 137 00:06:36,400 --> 00:06:39,280 Speaker 4: of panic or pressure inside the White House because look 138 00:06:39,320 --> 00:06:40,280 Speaker 4: what the markets are doing. 139 00:06:40,720 --> 00:06:44,520 Speaker 6: Yeah, after Donald Trump's damage for the US economy comes 140 00:06:44,520 --> 00:06:47,560 Speaker 6: into fuller view of the markets today once again taking 141 00:06:47,560 --> 00:06:50,920 Speaker 6: a nose diive, the dial plunging twenty two hundred points 142 00:06:50,960 --> 00:06:54,320 Speaker 6: more than five percent. Even those good jobs numbers that 143 00:06:54,360 --> 00:06:57,600 Speaker 6: were released this morning could not shake the market's pessimism. 144 00:06:58,000 --> 00:07:01,359 Speaker 6: As trying to retaliate it against Donald Trump's tariff regime, 145 00:07:01,800 --> 00:07:04,839 Speaker 6: the Chinese government imposed a thirty four percent tax on 146 00:07:04,920 --> 00:07:08,640 Speaker 6: all goods imported from the United States, as Sir Donald 147 00:07:08,680 --> 00:07:12,240 Speaker 6: Trump is for now tripling down. Yesterday he said things 148 00:07:12,240 --> 00:07:15,559 Speaker 6: were quote going well today. He said on his site 149 00:07:15,640 --> 00:07:20,240 Speaker 6: truth Social that China had quote played it wrong and panicked. 150 00:07:20,480 --> 00:07:23,280 Speaker 6: He added that the unemployment figures are a sign that 151 00:07:23,360 --> 00:07:27,480 Speaker 6: his strategy is working, but those jobs numbers reflect the 152 00:07:27,480 --> 00:07:32,640 Speaker 6: month before Donald Trump's so called Liberation Day economic meltdown 153 00:07:32,720 --> 00:07:35,400 Speaker 6: was put into motion. It puts him at odds with 154 00:07:35,520 --> 00:07:38,360 Speaker 6: the chair of the Federal Reserved Jerown Powell, who said 155 00:07:38,360 --> 00:07:42,040 Speaker 6: today that the tariffs would raise prices for consumers and 156 00:07:42,080 --> 00:07:44,360 Speaker 6: will weaken the US economy. It put him at odds 157 00:07:44,440 --> 00:07:47,840 Speaker 6: with JP Morgan, who now predicts a sixty percent chance 158 00:07:48,320 --> 00:07:52,720 Speaker 6: of a global recession this year. Their report is titled quote, 159 00:07:52,760 --> 00:07:56,480 Speaker 6: there will be blood. The Bank says t Trump's tariffs 160 00:07:56,480 --> 00:08:00,640 Speaker 6: will cost consumers seven hundred billion dollars this year alone. 161 00:08:01,000 --> 00:08:03,920 Speaker 6: It's a tax hike on a scale that LBJ imposed 162 00:08:03,920 --> 00:08:07,040 Speaker 6: to pay for the Vietnam War. It also puts Trump 163 00:08:07,120 --> 00:08:10,320 Speaker 6: at odds with members of the Republican Party. NBC News 164 00:08:10,400 --> 00:08:14,040 Speaker 6: reports this quote after the GOP led Senate delivered a 165 00:08:14,120 --> 00:08:17,560 Speaker 6: rare rebuke to Donald Trump on Wednesday by voting to 166 00:08:17,720 --> 00:08:21,640 Speaker 6: undo his tariffs on Canada. Whilemakers in both chambers are 167 00:08:21,680 --> 00:08:25,679 Speaker 6: weighing additional steps to rein him in, senators are eyeing 168 00:08:25,720 --> 00:08:29,760 Speaker 6: other mechanisms to rescind Trump's existing tariffs while limiting his 169 00:08:29,880 --> 00:08:31,640 Speaker 6: ability to impose new ones. 170 00:08:32,400 --> 00:08:34,480 Speaker 1: Now we're not going to have all factories come back, 171 00:08:34,559 --> 00:08:37,640 Speaker 1: like clothing manufacturing, that's tough to bring back. 172 00:08:37,640 --> 00:08:41,240 Speaker 5: But what kind of manufacturing are you talking about returning here? 173 00:08:43,080 --> 00:08:46,920 Speaker 7: Well, don't you can't just give that away. See what's 174 00:08:46,960 --> 00:08:50,360 Speaker 7: going to happen is robotics are going to replace the 175 00:08:50,520 --> 00:08:53,679 Speaker 7: cheap labor that we've seen all across the world. I mean, 176 00:08:53,720 --> 00:08:56,040 Speaker 7: think of what our factories did. They went to the 177 00:08:56,120 --> 00:08:59,600 Speaker 7: cheapest labor the whole world, slave labor, cheap labor, the 178 00:08:59,640 --> 00:09:02,000 Speaker 7: worst environmental conditions. 179 00:09:01,440 --> 00:09:02,760 Speaker 3: Polluting the heck out of it. 180 00:09:02,920 --> 00:09:05,720 Speaker 7: And then we bring back those cheap products here and 181 00:09:05,760 --> 00:09:08,400 Speaker 7: we feel good about ourselves because we don't see the pain. 182 00:09:08,800 --> 00:09:13,200 Speaker 8: So I really view Liberation Day as he calls it, 183 00:09:13,240 --> 00:09:16,560 Speaker 8: to be a real turning point, not just for Americans themselves, 184 00:09:16,600 --> 00:09:18,880 Speaker 8: but for the way the rest of the world is 185 00:09:18,920 --> 00:09:21,160 Speaker 8: dealing with Donald Trump, not just as it relates to 186 00:09:21,200 --> 00:09:25,560 Speaker 8: his rhetoric, but his policy. 187 00:09:25,600 --> 00:09:30,840 Speaker 1: This is the primal screen of a dying regime. Pray 188 00:09:30,960 --> 00:09:34,240 Speaker 1: for our enemies, because we're going to medieval. 189 00:09:33,760 --> 00:09:34,360 Speaker 3: On these people. 190 00:09:35,600 --> 00:09:37,720 Speaker 1: You're not going to a free shot. All these networks 191 00:09:37,840 --> 00:09:41,040 Speaker 1: lying about the people. The people have had a belly 192 00:09:41,040 --> 00:09:42,880 Speaker 1: full of it. I know you don't like hearing that. 193 00:09:43,280 --> 00:09:44,560 Speaker 1: I know you've tried to do everything in the world 194 00:09:44,600 --> 00:09:46,000 Speaker 1: to stop there, but you're not going to stop it. 195 00:09:46,000 --> 00:09:47,080 Speaker 1: It's going to happen. 196 00:09:47,200 --> 00:09:49,400 Speaker 5: And where do people like that go to share the 197 00:09:49,400 --> 00:09:50,080 Speaker 5: big line? 198 00:09:50,640 --> 00:09:51,960 Speaker 3: Mega media? 199 00:09:52,040 --> 00:09:55,280 Speaker 5: I wish in my soul, I wish that any. 200 00:09:55,080 --> 00:09:58,840 Speaker 1: Of these people had a conscience. Ask yourself, what is 201 00:09:58,880 --> 00:10:02,360 Speaker 1: my task and what is my purpose? If that answer 202 00:10:02,640 --> 00:10:07,400 Speaker 1: is to save my country, this country will be saved. 203 00:10:08,440 --> 00:10:15,000 Speaker 1: Here's your host, Stephen k back a big day in 204 00:10:15,080 --> 00:10:20,679 Speaker 1: world markets. Of course they are royaling with the announcement 205 00:10:20,760 --> 00:10:24,200 Speaker 1: of Liberation Day. I think that we're gonna end doubt 206 00:10:24,240 --> 00:10:27,080 Speaker 1: on here to walk through what's actually going on because 207 00:10:27,440 --> 00:10:31,720 Speaker 1: the MSNBC, CNBC, all of them, they're out to do 208 00:10:31,760 --> 00:10:34,360 Speaker 1: one thing. They are trying to crash markets to bring 209 00:10:34,440 --> 00:10:37,400 Speaker 1: Donald Trump down. This has nothing to do with the 210 00:10:37,440 --> 00:10:39,199 Speaker 1: American people, nothing to do with you know, all of 211 00:10:39,240 --> 00:10:42,360 Speaker 1: a sudden, Katie Turr and these people, they're so interested 212 00:10:42,360 --> 00:10:45,400 Speaker 1: and so fascinating and so concerned about capitalism and people's 213 00:10:45,400 --> 00:10:48,720 Speaker 1: four one case it is. It is a complete and 214 00:10:48,800 --> 00:10:55,360 Speaker 1: total joke. However, you know about a situational is president 215 00:10:55,400 --> 00:11:00,400 Speaker 1: Trump's policy is absolutely correct. What he's doing is a 216 00:11:00,440 --> 00:11:06,319 Speaker 1: geoeconomic reset of the global trading system. Pretty big, right 217 00:11:06,920 --> 00:11:09,079 Speaker 1: he started through. You see how he's rolled out on 218 00:11:09,120 --> 00:11:13,480 Speaker 1: the reciprocity, on the term of reciprocity. And you've already 219 00:11:13,480 --> 00:11:18,880 Speaker 1: had some major nations like, for instance, Vietnam, where so 220 00:11:18,920 --> 00:11:21,559 Speaker 1: many of the jobs during the pandemic from China. As 221 00:11:21,559 --> 00:11:25,400 Speaker 1: they started, people started to reshore. It wasn't reshore to 222 00:11:25,440 --> 00:11:29,440 Speaker 1: the United States. Immediately they went to other low cost, 223 00:11:29,679 --> 00:11:34,560 Speaker 1: low labor countries. Vietnam is President Trump put up on 224 00:11:34,559 --> 00:11:37,120 Speaker 1: true social has already reached out to President Trump and said, hey, 225 00:11:37,160 --> 00:11:40,079 Speaker 1: no Mas, we're in. Just tell us what we got 226 00:11:40,120 --> 00:11:44,679 Speaker 1: to do. Right, we see word forty seven percent. At 227 00:11:44,800 --> 00:11:46,640 Speaker 1: least you got his down to forty seven percent. Maybe 228 00:11:46,679 --> 00:11:48,760 Speaker 1: we'll fight you on the margins, but we're in. Just 229 00:11:48,760 --> 00:11:50,120 Speaker 1: tell us what we got to do. We don't want 230 00:11:50,160 --> 00:11:52,200 Speaker 1: to get into a trade war with the biggest market 231 00:11:52,600 --> 00:11:57,319 Speaker 1: and the most powerful nation on Earth. The messaging here, 232 00:11:57,480 --> 00:12:01,520 Speaker 1: when you have a messaging apparatus, is gonna sit there 233 00:12:01,559 --> 00:12:04,720 Speaker 1: and tell lie after lie after lie after lie, do 234 00:12:04,800 --> 00:12:08,559 Speaker 1: no analysis and repeat the lie. You have to combat that. 235 00:12:08,679 --> 00:12:12,280 Speaker 1: You have to go on offense. First, this is not 236 00:12:12,320 --> 00:12:15,120 Speaker 1: about cabinet secretaries or people at the White House coming 237 00:12:15,160 --> 00:12:17,720 Speaker 1: on shows, which I think they do. They do a 238 00:12:17,720 --> 00:12:22,319 Speaker 1: fine job. Scott Besson's Secretary of Treasury, Howard Lutnick, Secretary 239 00:12:22,320 --> 00:12:26,920 Speaker 1: of Commerce Peter Navarro, the Trade and Manufacturing czar, also 240 00:12:27,040 --> 00:12:30,679 Speaker 1: has it. They're out, They're gonna do the Sunday shows 241 00:12:30,679 --> 00:12:32,600 Speaker 1: this weekend. They do a good job when they're on. 242 00:12:32,960 --> 00:12:37,000 Speaker 1: I think. I think in Stephanie Rule and we love 243 00:12:37,040 --> 00:12:40,600 Speaker 1: your show. We watch it every night to deconstruct it 244 00:12:40,760 --> 00:12:42,839 Speaker 1: because that's the show kind of all Wall Street and 245 00:12:42,880 --> 00:12:46,880 Speaker 1: the corporate people watch late at night before they hit 246 00:12:46,920 --> 00:12:50,680 Speaker 1: the rack to see what's going on. It's kind of 247 00:12:50,760 --> 00:12:56,280 Speaker 1: news for the business community. I believe you're wrong, Scott Besson. 248 00:12:56,400 --> 00:12:58,880 Speaker 1: His style is different. He's not Howard Lutnik, he's not 249 00:12:59,000 --> 00:13:01,640 Speaker 1: Donald Trump, he's not Peter Navarre, he's not Steve Bannon. 250 00:13:01,920 --> 00:13:05,559 Speaker 1: He's got a different professorial take on things. That's why 251 00:13:05,600 --> 00:13:07,760 Speaker 1: he's a safe payer hands. That's why he's a contributor 252 00:13:07,800 --> 00:13:10,720 Speaker 1: here for years. That's why we fought so hard to 253 00:13:10,880 --> 00:13:17,880 Speaker 1: having as Secretary Treasury. He's a safe pair of hands. 254 00:13:19,360 --> 00:13:21,319 Speaker 1: He's in and he's on the inner circle, not the 255 00:13:21,360 --> 00:13:23,719 Speaker 1: Intercircleit talks to the president multiple times a day, but he's 256 00:13:23,760 --> 00:13:25,120 Speaker 1: not going to go out with his hair and fire 257 00:13:25,200 --> 00:13:29,240 Speaker 1: running around. It's very it's discernment, it's reserve. It's what 258 00:13:29,280 --> 00:13:32,079 Speaker 1: the capital markets want to hear because he's not making 259 00:13:32,160 --> 00:13:36,440 Speaker 1: it up and kind of winging it about trading tariffs. 260 00:13:37,360 --> 00:13:39,600 Speaker 1: My issue is you got to have, as I said 261 00:13:39,600 --> 00:13:42,079 Speaker 1: on Eric Bowensher, at the end, you have to have 262 00:13:42,120 --> 00:13:45,480 Speaker 1: one hundred surrogates. The people in the White has Cambra secretaries. 263 00:13:45,679 --> 00:13:47,720 Speaker 1: They have a job, they got stuff to do. Yes, 264 00:13:47,760 --> 00:13:50,240 Speaker 1: they have to be a messing and they should. But 265 00:13:50,400 --> 00:13:56,559 Speaker 1: you have to have fifty economists, fifty businessmen, including the 266 00:13:56,600 --> 00:13:59,240 Speaker 1: most major ones, that buy into the program and understand it. 267 00:13:59,320 --> 00:14:02,880 Speaker 1: The union readers boom, they ought to be all over. 268 00:14:02,920 --> 00:14:05,559 Speaker 1: At riv we already say no, no, no, we can't take anymore. 269 00:14:05,920 --> 00:14:08,280 Speaker 1: At Newsmax, we can't take anymore. At Fox, you can't 270 00:14:08,320 --> 00:14:14,559 Speaker 1: take anymore. The other side has that we've got a 271 00:14:14,600 --> 00:14:17,720 Speaker 1: weekend to kind of do this. Trump ain't backing off 272 00:14:17,760 --> 00:14:21,920 Speaker 1: this thing. So White House staff, I love you guys, 273 00:14:21,920 --> 00:14:23,760 Speaker 1: doing a great job so far, but now we've got 274 00:14:23,760 --> 00:14:26,760 Speaker 1: to go fixed banets. We've got to push this over 275 00:14:26,800 --> 00:14:28,320 Speaker 1: the top. We got to push it over the top. 276 00:14:30,040 --> 00:14:32,080 Speaker 1: President Trump is not going to back off this, and 277 00:14:32,120 --> 00:14:34,800 Speaker 1: he doesn't need to back office. The nations of the 278 00:14:34,920 --> 00:14:39,360 Speaker 1: Earth are surrendering, are figuring out how to surrender. I've 279 00:14:39,400 --> 00:14:42,320 Speaker 1: talked to people for forty eight hours straight. They're trying 280 00:14:42,320 --> 00:14:45,000 Speaker 1: to figure out how they can work around this, how 281 00:14:45,000 --> 00:14:47,120 Speaker 1: they can do this, how can they get Trump to 282 00:14:47,160 --> 00:14:49,800 Speaker 1: some amenable point. I'm not saying President Trump's going to 283 00:14:49,880 --> 00:14:56,920 Speaker 1: do it, but Trump ain't blinking. They're blinking. Short commercial 284 00:14:56,920 --> 00:14:59,440 Speaker 1: break and return in a moment. Got eded out. 285 00:15:00,000 --> 00:15:01,560 Speaker 3: Who's your host, Stephen K. 286 00:15:01,800 --> 00:15:08,400 Speaker 1: Bath. Okay, remember during the pandemic, Remember the pandemic, and 287 00:15:08,440 --> 00:15:15,840 Speaker 1: the pandemic just happened to come at in early twenty twenty. 288 00:15:16,080 --> 00:15:19,120 Speaker 1: Let me back up. Let's go back to the beginning, 289 00:15:19,280 --> 00:15:21,360 Speaker 1: not the total beginning, of the story about pick a 290 00:15:21,440 --> 00:15:25,600 Speaker 1: random chapter. One of the most important months of not 291 00:15:25,720 --> 00:15:32,200 Speaker 1: the most important month in the geopolitical history of the 292 00:15:32,240 --> 00:15:35,360 Speaker 1: Earth in the twenty first century, was May of twenty nineteen. 293 00:15:37,040 --> 00:15:42,560 Speaker 1: In May of twenty nineteen, almost two years in his administration, 294 00:15:42,600 --> 00:15:46,800 Speaker 1: are just over this construct this deal we had worked 295 00:15:46,800 --> 00:15:50,040 Speaker 1: on from beginning, led by Bob Leithheiser heretofore referred to 296 00:15:50,080 --> 00:15:54,600 Speaker 1: as the Lightheiser Deal that Peter Navarre and Lithheiser were 297 00:15:54,640 --> 00:15:59,480 Speaker 1: working on every day after we'd had a little how 298 00:15:59,480 --> 00:16:02,360 Speaker 1: do you say that? Gary Cone in the globalist crowd 299 00:16:02,440 --> 00:16:06,840 Speaker 1: took their shot in April May June of twenty seventeen 300 00:16:07,760 --> 00:16:12,640 Speaker 1: and failed miserably. President Trump reverted back to exactly what 301 00:16:12,680 --> 00:16:15,080 Speaker 1: he wanted. He knows exactly what he wants, the world Trade. 302 00:16:15,840 --> 00:16:20,360 Speaker 1: Lightthheiser and Navarro, working with Lee Hu, came up with 303 00:16:20,360 --> 00:16:23,000 Speaker 1: It's called the Lightheiser Deal. It was seven verticals to 304 00:16:23,040 --> 00:16:26,080 Speaker 1: take away the seven original sins, as doctor Navar calls it, 305 00:16:27,040 --> 00:16:30,160 Speaker 1: of the Chinese, the Chinese companies party economy, and to 306 00:16:30,280 --> 00:16:36,640 Speaker 1: actually folded into kind of merge it into the economy 307 00:16:36,680 --> 00:16:39,160 Speaker 1: of the West led by the United States of America 308 00:16:39,200 --> 00:16:43,200 Speaker 1: and Western Europe. It would take away the problem of 309 00:16:43,280 --> 00:16:46,600 Speaker 1: excess capacity and state owned industries and how they gained 310 00:16:46,600 --> 00:16:50,480 Speaker 1: the entire as system, all of it. They also had 311 00:16:50,560 --> 00:16:54,400 Speaker 1: that month the first Belton Road Big Conference, and they 312 00:16:54,440 --> 00:16:57,040 Speaker 1: had putin com I think was I think it was 313 00:16:57,080 --> 00:17:01,680 Speaker 1: actually the Beijing or Shanghai, And at that time, why 314 00:17:01,840 --> 00:17:04,720 Speaker 1: she shan and she looked and said, hey, this one belt, 315 00:17:04,760 --> 00:17:08,000 Speaker 1: one road thing may work. This predatory capitals. We're letting 316 00:17:08,080 --> 00:17:11,560 Speaker 1: all the all the nations on the Eurasian land mass 317 00:17:11,560 --> 00:17:14,600 Speaker 1: and the Central Asian sub Saharan Africa and the Middle East, Pakistan, 318 00:17:14,600 --> 00:17:18,240 Speaker 1: they're all taking the money. They're all getting these infrastructure 319 00:17:18,240 --> 00:17:19,840 Speaker 1: programs up. We all know they're not going to be 320 00:17:19,840 --> 00:17:21,840 Speaker 1: a payback the money totally at first. So we're going 321 00:17:21,880 --> 00:17:25,200 Speaker 1: to restructure the dead take ownership of the of the 322 00:17:25,240 --> 00:17:27,679 Speaker 1: infrastructure projects, control of the countries, and then we have 323 00:17:27,760 --> 00:17:31,600 Speaker 1: the networking effect that we've been looking for, and the 324 00:17:31,680 --> 00:17:35,679 Speaker 1: United States and Europe will fall shortly thereafter with Russia 325 00:17:35,720 --> 00:17:39,960 Speaker 1: as our partner. They canceled the Why she shan said, 326 00:17:39,960 --> 00:17:42,439 Speaker 1: why should we bow to the foreign devils now? They canceled. 327 00:17:42,480 --> 00:17:44,120 Speaker 1: They actually called them and said, we're not doing this deal. 328 00:17:44,160 --> 00:17:46,520 Speaker 1: When it was the draft was prepared, they were prepared 329 00:17:46,560 --> 00:17:48,040 Speaker 1: to work do and sign a draft, and they get 330 00:17:48,119 --> 00:17:51,600 Speaker 1: ready to have a signing ceremony event with President Trump, 331 00:17:51,600 --> 00:17:55,040 Speaker 1: and she canceled, not doing that deal. We'll get back 332 00:17:55,040 --> 00:18:00,000 Speaker 1: to you that they're not instant. Typical Chinese circumstances changed. 333 00:18:00,320 --> 00:18:03,720 Speaker 1: That's when they retrade. You. Circumstances change. Okay, thank you. 334 00:18:03,960 --> 00:18:06,840 Speaker 1: I got that. That's what contracts was to go through circumstances. 335 00:18:06,840 --> 00:18:10,520 Speaker 1: But I got it. You guys rolled differently. I got it. 336 00:18:10,600 --> 00:18:13,000 Speaker 1: They also declared, as Frank Gaftey tells you all the time, 337 00:18:13,080 --> 00:18:14,880 Speaker 1: the Committee on the Present Danger tells you all the time, 338 00:18:14,880 --> 00:18:16,800 Speaker 1: they declared the People's war against the United States. She 339 00:18:16,840 --> 00:18:20,320 Speaker 1: did said let's go, let's throw down. In fact, we 340 00:18:20,359 --> 00:18:22,160 Speaker 1: don't want to get together. We kind of we don't 341 00:18:22,160 --> 00:18:24,480 Speaker 1: mind decoupling. We want to roll because we see what 342 00:18:24,520 --> 00:18:28,679 Speaker 1: they're trying to do. Shortly thereafter, I don't know, in 343 00:18:28,720 --> 00:18:31,439 Speaker 1: the summer or the fall, I think the late summer, 344 00:18:31,720 --> 00:18:37,320 Speaker 1: the military games, right, the COVID nineteen started to spread. 345 00:18:38,480 --> 00:18:40,119 Speaker 1: They knew what they were doing. They're going to take 346 00:18:40,119 --> 00:18:41,879 Speaker 1: down in the United States Trump and of course the 347 00:18:41,880 --> 00:18:44,720 Speaker 1: economy of Trump in twenty nineteen, on a roll. In 348 00:18:44,760 --> 00:18:49,840 Speaker 1: the fall of twenty nineteen, on a roll, virtually no inflation, virtue, 349 00:18:50,240 --> 00:18:53,280 Speaker 1: super low interest rates, a three and a half percent growth, 350 00:18:53,560 --> 00:18:56,560 Speaker 1: We're taking a trillion dollars of liquidity off the balance 351 00:18:56,560 --> 00:18:58,800 Speaker 1: sheet of the Federal Reserve. Janet Yellen was a Federal 352 00:18:58,840 --> 00:19:02,960 Speaker 1: Reserve chair. I actually thought she was doing okay, quantitative tightening. 353 00:19:04,480 --> 00:19:08,119 Speaker 1: Trump grew the economy of that with that headwind. Plus 354 00:19:08,160 --> 00:19:10,479 Speaker 1: you had first time wages, as Cortes tells you all 355 00:19:10,560 --> 00:19:13,280 Speaker 1: times got the charts on the whiteboard. Blue collar wages 356 00:19:13,320 --> 00:19:18,080 Speaker 1: higher than white collar, rages on growth, non college graduates 357 00:19:18,160 --> 00:19:20,320 Speaker 1: higher than college graduates, first time in a long time, 358 00:19:20,800 --> 00:19:25,119 Speaker 1: record low unemployment. Hispanics, African Americans, baby were cooking with gas. 359 00:19:25,200 --> 00:19:30,960 Speaker 1: Let's roll. Then the pandemic and now we're in this situation. 360 00:19:33,560 --> 00:19:35,280 Speaker 1: President Trump was going to do it then, now he's 361 00:19:35,320 --> 00:19:37,119 Speaker 1: going to do it now. He has thought about this 362 00:19:37,240 --> 00:19:41,400 Speaker 1: to the core of his being. This is why he's 363 00:19:41,400 --> 00:19:44,240 Speaker 1: in public office. This is why he started thinking about 364 00:19:45,400 --> 00:19:47,840 Speaker 1: back in the late eighties and the early nineties particularly, 365 00:19:47,840 --> 00:19:52,080 Speaker 1: remember when they're buying the air rights over Tiffany the Japanese. 366 00:19:53,280 --> 00:19:56,240 Speaker 1: Remember the Japanese in the late eighties and early nineties 367 00:19:56,240 --> 00:19:59,040 Speaker 1: where had an acid bubble. But man, they were on 368 00:19:59,080 --> 00:20:04,120 Speaker 1: a roll a concress and Lou Dobbs, who was kind 369 00:20:04,119 --> 00:20:06,680 Speaker 1: of his mentor on TV because watching CNN and Lou 370 00:20:06,720 --> 00:20:09,280 Speaker 1: Dobbs was hammering this every night. Nobody talked about it. 371 00:20:10,600 --> 00:20:12,720 Speaker 1: The beginning of the trade deficit. Then Lou Dobbs was 372 00:20:12,760 --> 00:20:16,400 Speaker 1: hammering that in the eighties and nineties. Remember the trade 373 00:20:16,400 --> 00:20:20,080 Speaker 1: devisits twenty five trillion dollars eighteen trade and since Chinese, 374 00:20:20,119 --> 00:20:23,040 Speaker 1: since the globalist in New York City, and of course 375 00:20:23,080 --> 00:20:25,760 Speaker 1: the Bush apparatus and the Clinton eperd the political class 376 00:20:26,280 --> 00:20:29,439 Speaker 1: and Wall Street invited the Chinese companies party in so 377 00:20:29,480 --> 00:20:32,280 Speaker 1: we can make slave labor allaw Bijing and everybody make 378 00:20:32,359 --> 00:20:35,640 Speaker 1: more money except for the working class in the middle 379 00:20:35,640 --> 00:20:37,400 Speaker 1: class United States, who are going to have it all 380 00:20:37,440 --> 00:20:39,760 Speaker 1: on their shoulders. And oh, by the way, can you 381 00:20:39,800 --> 00:20:44,199 Speaker 1: also Moloch wants your children for forever wars in the 382 00:20:44,200 --> 00:20:52,520 Speaker 1: Middle East. Let's start there. That's the system. Trump is 383 00:20:52,600 --> 00:20:56,560 Speaker 1: breaking the system. Whether it's the legal apparatus that runs 384 00:20:56,600 --> 00:20:59,880 Speaker 1: the imperial capital, was the universities that radicalize these kids, 385 00:21:01,160 --> 00:21:05,159 Speaker 1: whether it's the institutions and groups that allowed for a 386 00:21:05,320 --> 00:21:10,040 Speaker 1: ten million person invasion on the southern border into our 387 00:21:10,040 --> 00:21:14,120 Speaker 1: beloved country in four years, or allowed Fetnah to come 388 00:21:14,160 --> 00:21:19,600 Speaker 1: in and destroy working class people of every ethnicity and race, 389 00:21:21,240 --> 00:21:25,240 Speaker 1: both in rural communities and in our inner cities. Oh 390 00:21:25,320 --> 00:21:28,720 Speaker 1: and designate sanctuary cities at the same time. The corruption, 391 00:21:29,080 --> 00:21:33,000 Speaker 1: the incompetence, the hatred of the United States of America 392 00:21:33,280 --> 00:21:35,640 Speaker 1: and the citizens of the United States of America by 393 00:21:35,720 --> 00:21:41,360 Speaker 1: our elites is virtually unfathomable. If the revolution or generation 394 00:21:41,480 --> 00:21:43,600 Speaker 1: came back here, it's not just the structure and the results. 395 00:21:43,600 --> 00:21:48,080 Speaker 1: A good, good God in Heaven, what have you done 396 00:21:48,119 --> 00:21:50,320 Speaker 1: to allow these people to have control of this, our 397 00:21:50,359 --> 00:21:56,080 Speaker 1: beloved republic that we put everything on the line for. Yeah, 398 00:21:56,119 --> 00:21:59,719 Speaker 1: how does it make you think? Was Trenton with It 399 00:21:59,760 --> 00:22:03,800 Speaker 1: was forged Worth, It was Morristown worth. It was Sarahtoga Worth, 400 00:22:03,840 --> 00:22:07,440 Speaker 1: it was Bunker Hill worth, it was all of it worth. 401 00:22:07,440 --> 00:22:09,719 Speaker 1: It was that worth. It is that what you were 402 00:22:09,760 --> 00:22:14,080 Speaker 1: doing for this? And forget the freak show and the culture. 403 00:22:14,640 --> 00:22:19,280 Speaker 1: I'm just talking about the power and the money. They 404 00:22:19,320 --> 00:22:23,480 Speaker 1: have outright contempt and hatred for this country. It's sovereignty, 405 00:22:23,600 --> 00:22:26,199 Speaker 1: this republic and it's citizens. And they're gonna sit up 406 00:22:26,200 --> 00:22:30,040 Speaker 1: here now in wine all day long. This is so terrible. 407 00:22:30,359 --> 00:22:33,000 Speaker 1: People are gonna have to pay more for the dress 408 00:22:33,040 --> 00:22:34,760 Speaker 1: we can get in Macy's. People are gonna have to 409 00:22:35,040 --> 00:22:36,720 Speaker 1: They're gonna pay more for this. They don't give a 410 00:22:36,800 --> 00:22:39,000 Speaker 1: damn about that. They never given a damn about that. 411 00:22:39,040 --> 00:22:43,320 Speaker 1: Were they talking about that when Biden juices, as we 412 00:22:43,480 --> 00:22:46,479 Speaker 1: said on this show at the moment, they did it 413 00:22:46,520 --> 00:22:51,040 Speaker 1: in twenty one, and they did that whole nother cash infusion. 414 00:22:51,480 --> 00:22:55,399 Speaker 1: We said it's gonna skyrocket inflation, ourselves and Larry Summer 415 00:22:55,440 --> 00:23:00,240 Speaker 1: and nobody else, and particularly not the Trader's Republican that 416 00:23:00,359 --> 00:23:03,880 Speaker 1: signed up for it to get it passed. And now 417 00:23:03,960 --> 00:23:08,359 Speaker 1: those same Republicans, the same people that signed on to 418 00:23:08,480 --> 00:23:11,960 Speaker 1: that blood oath with Biden, that crowd for this spending 419 00:23:12,040 --> 00:23:14,840 Speaker 1: that crushed everything and sent inflation up. Did you see 420 00:23:14,840 --> 00:23:16,800 Speaker 1: the Repartment of talking about no but all they're running 421 00:23:16,840 --> 00:23:20,159 Speaker 1: to the mic. Now, my lord, this is terrible. We 422 00:23:20,240 --> 00:23:22,680 Speaker 1: must stop. But Trump must be stopped. He must be that. 423 00:23:22,800 --> 00:23:27,359 Speaker 1: He's not going to be stopped. He's not going to 424 00:23:27,359 --> 00:23:29,440 Speaker 1: be stopped in the White House staff and you guys 425 00:23:29,440 --> 00:23:31,199 Speaker 1: are doing a great job. You got to get I 426 00:23:31,200 --> 00:23:33,679 Speaker 1: need one hundred economists. I need a hundred businessmen. I 427 00:23:33,720 --> 00:23:36,240 Speaker 1: need one hundred entrepreneurs. I need a hundred union people. 428 00:23:36,359 --> 00:23:38,159 Speaker 1: I need one hundred folks from Main Street, and I 429 00:23:38,160 --> 00:23:41,679 Speaker 1: need them in microphones. I need them on shows starting Monday. 430 00:23:41,920 --> 00:23:44,040 Speaker 1: My producers should be coming to me every second. Said, 431 00:23:44,040 --> 00:23:46,280 Speaker 1: these people are so obnoxious, they want everything they want 432 00:23:46,320 --> 00:23:51,560 Speaker 1: every second of the show. It's crickets. Trump's got a job. 433 00:23:52,119 --> 00:23:55,880 Speaker 1: He's president of these United States, the commander in chief 434 00:23:55,920 --> 00:23:58,920 Speaker 1: are armed forces, and the chief magistrate and chief law 435 00:23:59,000 --> 00:24:04,800 Speaker 1: enforcement officer of our nation. He's fully engaged. I got 436 00:24:04,840 --> 00:24:08,240 Speaker 1: a Secretary Treasury, he's great. I got a Secretary of Commerce. 437 00:24:08,280 --> 00:24:12,240 Speaker 1: He's getting better. I got They got jobs too. I 438 00:24:12,280 --> 00:24:17,600 Speaker 1: don't need them on TV constantly. You give you know besting. 439 00:24:17,680 --> 00:24:19,680 Speaker 1: Come out and do something with Calinc's fine. I don't 440 00:24:19,720 --> 00:24:27,040 Speaker 1: even He's not a TV host. Where are the economists? 441 00:24:27,160 --> 00:24:31,359 Speaker 1: Where are the businessmen? Where are the entrepreneurs? And God 442 00:24:31,440 --> 00:24:33,119 Speaker 1: in heaven, where are the working class? 443 00:24:33,200 --> 00:24:33,320 Speaker 3: Hell? 444 00:24:33,960 --> 00:24:36,160 Speaker 1: Guys were coming up in the Rose Garden and high 445 00:24:36,160 --> 00:24:39,320 Speaker 1: five and Trump and taking the microphones. President Trump. I'm 446 00:24:39,320 --> 00:24:42,720 Speaker 1: from McCombe County, the home o Reagan Democrats, and I 447 00:24:42,880 --> 00:24:55,520 Speaker 1: love this. Where's that gang? They're called surrogates, folks. If 448 00:24:55,520 --> 00:25:01,320 Speaker 1: you think the biggest change in the global economy, it's 449 00:25:01,440 --> 00:25:05,800 Speaker 1: World War two against people that control that and have 450 00:25:05,880 --> 00:25:10,680 Speaker 1: made so much money. Let me just repeat, I think 451 00:25:10,680 --> 00:25:13,040 Speaker 1: it's since October one, the beginning of the fiscal year, 452 00:25:14,119 --> 00:25:17,159 Speaker 1: four point four trillion dollars of wealth has accreed it 453 00:25:17,200 --> 00:25:19,560 Speaker 1: to the top one or two percent of point zero percent. 454 00:25:19,720 --> 00:25:23,560 Speaker 1: Let's say this the top guys greater than the bottom 455 00:25:23,760 --> 00:25:29,479 Speaker 1: fifty percent. A note to self. Trump's whole purpose is 456 00:25:29,480 --> 00:25:33,480 Speaker 1: to change that. It's not to take He's not the 457 00:25:33,480 --> 00:25:36,840 Speaker 1: French Revolution, He's not a Bolshevik. It's Donald Trump. You 458 00:25:36,840 --> 00:25:40,200 Speaker 1: don't have a bigger capitalist, a bigger entrenos Trump. All 459 00:25:40,240 --> 00:25:42,760 Speaker 1: he's trying to say is, Hey, I'm tired of these 460 00:25:42,760 --> 00:25:45,560 Speaker 1: elites ripping off American people. And American people want a 461 00:25:45,600 --> 00:25:48,760 Speaker 1: piece of the action. They deserve a piece of the action, 462 00:25:48,840 --> 00:25:55,280 Speaker 1: and they're gonna get a piece of the action. So 463 00:25:55,359 --> 00:25:59,160 Speaker 1: why don't we help him out. You gonna help him out. 464 00:25:59,240 --> 00:26:03,560 Speaker 1: Let's go rip some faces off. You're telling me, Katie 465 00:26:03,640 --> 00:26:05,840 Speaker 1: terror and it's the crowd at MSNBC and seeing a 466 00:26:05,880 --> 00:26:07,960 Speaker 1: Steve leasman, this is what's gonna do it, and this 467 00:26:08,000 --> 00:26:10,520 Speaker 1: is gonna create this kind of firestorm, and they're sitting there, 468 00:26:10,560 --> 00:26:12,399 Speaker 1: Oh my god, it's terrible. It's terrible, terrible, And then 469 00:26:12,480 --> 00:26:15,919 Speaker 1: have a million people call Trump over the weekend. You 470 00:26:16,000 --> 00:26:17,639 Speaker 1: got it. Back off, You got to back off. This 471 00:26:17,720 --> 00:26:20,840 Speaker 1: is terrible because they're all they all grabbed all these donors. 472 00:26:20,840 --> 00:26:24,840 Speaker 1: They're all pearl clutchers. They're all gutless, and they panic 473 00:26:24,880 --> 00:26:27,920 Speaker 1: at the first sign of a fight. We gotta fight. 474 00:26:27,960 --> 00:26:29,359 Speaker 1: You think they're gonna give this, so you think you're 475 00:26:29,400 --> 00:26:31,400 Speaker 1: gonna toss the keys Trump? Why not think of that? 476 00:26:31,840 --> 00:26:34,520 Speaker 1: Why didn't I think of the reciprocal terrorists? Why was 477 00:26:34,560 --> 00:26:36,919 Speaker 1: that our idea? That's so great? Here's the keys? You 478 00:26:37,040 --> 00:26:39,479 Speaker 1: just take it for a while. Have we lost our 479 00:26:39,560 --> 00:26:44,840 Speaker 1: fricking minds? This is a war, and if you don't 480 00:26:44,840 --> 00:26:47,560 Speaker 1: treat it like a war, you're gonna get your ass 481 00:26:47,760 --> 00:26:57,320 Speaker 1: kicked ed down. Will join us? I think for Mali 482 00:26:57,640 --> 00:27:02,000 Speaker 1: or for White next time? Who's your host? Stephen k Back. 483 00:27:04,280 --> 00:27:07,119 Speaker 1: You know, sometimes, like in deals or what you know, 484 00:27:08,040 --> 00:27:10,200 Speaker 1: events are messing. Some things are gonna be bought. Other 485 00:27:10,200 --> 00:27:13,440 Speaker 1: things you gotta sell. You have to sell this because 486 00:27:13,480 --> 00:27:19,240 Speaker 1: it's such a massive reorganization and it's not complicated to 487 00:27:19,320 --> 00:27:22,920 Speaker 1: this audience, because we've walked you through this for the 488 00:27:23,000 --> 00:27:25,920 Speaker 1: last five years. You know it. In fact, hell, why 489 00:27:25,920 --> 00:27:29,879 Speaker 1: don't we just get the warm posseb surrogans. Honestly, you 490 00:27:29,920 --> 00:27:31,880 Speaker 1: guys could sell it better, and it's being sold right now. 491 00:27:31,880 --> 00:27:33,520 Speaker 1: It's got to be sold because you see the counter 492 00:27:34,560 --> 00:27:38,880 Speaker 1: the people that controlled the system that made all the money, 493 00:27:39,480 --> 00:27:41,600 Speaker 1: and also the theory of the cases. We're just gonna 494 00:27:41,640 --> 00:27:45,840 Speaker 1: wait Trump out. We're gonna wait Trump out. We see 495 00:27:45,840 --> 00:27:47,720 Speaker 1: in Wisconsin, Trump not at the top of it. We 496 00:27:47,760 --> 00:27:51,640 Speaker 1: saw the eighteen midterm. We saw the twenty two midterm. 497 00:27:51,680 --> 00:27:54,760 Speaker 1: Didn't turn out quite They won great effort, but didn't 498 00:27:54,800 --> 00:27:56,919 Speaker 1: quite win as big as they wanted. We saw the 499 00:27:56,920 --> 00:28:04,280 Speaker 1: eighteen midterm. They got smoked. We saw Wisconsin. These Trump people, 500 00:28:04,320 --> 00:28:05,879 Speaker 1: they love it when Trump's on the battle, when they 501 00:28:05,920 --> 00:28:07,200 Speaker 1: pick a ballot and his name is at the top, 502 00:28:07,200 --> 00:28:12,880 Speaker 1: they're good. No, Trump not so good. They think they 503 00:28:12,880 --> 00:28:17,119 Speaker 1: can wait us out. This is a ten or twenty 504 00:28:17,240 --> 00:28:21,480 Speaker 1: year struggle. Why do you think I'm the biggest advocate 505 00:28:21,520 --> 00:28:25,639 Speaker 1: of Trump twenty eight Trust me, folks, I don't waste 506 00:28:25,640 --> 00:28:30,680 Speaker 1: my time chasing rabbits. Okay, this is a war for 507 00:28:30,920 --> 00:28:34,520 Speaker 1: this country, for the direction of this country. We're either 508 00:28:34,560 --> 00:28:40,120 Speaker 1: a constitutional republic built upon entrepreneurial capitalism, or we're going 509 00:28:40,200 --> 00:28:42,240 Speaker 1: to be what you had in those four years. And 510 00:28:42,320 --> 00:28:45,160 Speaker 1: you saw it, baby, the economics of it. You saw 511 00:28:45,160 --> 00:28:47,360 Speaker 1: what they thought about our sovereignty. They thought about what 512 00:28:47,400 --> 00:28:50,520 Speaker 1: you thought about as you as citizens, what they thought 513 00:28:50,520 --> 00:28:53,000 Speaker 1: about our true allies and where they want to put 514 00:28:53,000 --> 00:28:54,560 Speaker 1: their money and how they want to sneak it around. 515 00:28:54,560 --> 00:28:57,040 Speaker 1: The New York Post got a story today about Hunter 516 00:28:57,120 --> 00:29:00,560 Speaker 1: Biden and grime happening on the Obama administration, all that 517 00:29:01,200 --> 00:29:05,680 Speaker 1: these people are perverts, the degenerates, they're crooks, they're incompetent, 518 00:29:05,800 --> 00:29:11,360 Speaker 1: and they're just overall not good folks, full stop, and 519 00:29:11,400 --> 00:29:13,200 Speaker 1: they want to create all the money and power to 520 00:29:13,240 --> 00:29:17,680 Speaker 1: themselves and give you a fare thee. Well, this is 521 00:29:17,680 --> 00:29:21,640 Speaker 1: about the forgotten man and woman who are forgotten no longer. 522 00:29:21,680 --> 00:29:24,640 Speaker 1: And guess what, in the last couple of years, you've 523 00:29:24,720 --> 00:29:27,440 Speaker 1: raised your head up and you've roared, and you put 524 00:29:27,520 --> 00:29:31,800 Speaker 1: him on your shoulders and delivered the biggest comeback victory 525 00:29:32,000 --> 00:29:34,000 Speaker 1: in the history of the nation, bigger than the one 526 00:29:34,000 --> 00:29:38,800 Speaker 1: in sixteen, against all odds on a man they wanted 527 00:29:38,840 --> 00:29:41,400 Speaker 1: to put in prison, a man they wanted to bankrupt, 528 00:29:41,440 --> 00:29:43,840 Speaker 1: a man. They brought up all these charges, women, all 529 00:29:43,880 --> 00:29:48,320 Speaker 1: this stuff, everything, all this stuff, all of it, all 530 00:29:48,360 --> 00:29:51,080 Speaker 1: of it, every day, and he had the moral courage 531 00:29:51,040 --> 00:29:52,520 Speaker 1: and say, hey, I know it's going to happen, but 532 00:29:52,600 --> 00:29:55,600 Speaker 1: I'm all in. That's why he may be the greatest 533 00:29:55,640 --> 00:29:58,200 Speaker 1: leader of this country ever had. And I understand he's 534 00:29:58,240 --> 00:30:01,000 Speaker 1: got a couple of three imperfections to Lincoln, and so 535 00:30:01,080 --> 00:30:04,960 Speaker 1: did Washington. Go read the histories of them, the memoirs, 536 00:30:05,080 --> 00:30:07,600 Speaker 1: go in detail and see that they had plenty of shortcomings, 537 00:30:09,240 --> 00:30:12,560 Speaker 1: and they were disruptors, and guess what, they were hated 538 00:30:12,600 --> 00:30:15,880 Speaker 1: by a lot of people. Also. That kind of gets 539 00:30:16,040 --> 00:30:18,640 Speaker 1: washed out in history, just like this will be washed 540 00:30:18,640 --> 00:30:21,680 Speaker 1: out when we win. And we're a long way from winning. 541 00:30:21,720 --> 00:30:23,880 Speaker 1: I don't hear more about the inauguration. I don't hear 542 00:30:23,920 --> 00:30:26,160 Speaker 1: more about tech bros. I don't hear about this and 543 00:30:26,200 --> 00:30:30,600 Speaker 1: that and all these sunshine patriots and summer heroes. I'm 544 00:30:30,720 --> 00:30:34,840 Speaker 1: talking about now, and I'm talking about a gut check 545 00:30:34,920 --> 00:30:39,360 Speaker 1: this weekend, because baby, it's coming all weekend. Trump's destroyed 546 00:30:39,360 --> 00:30:42,440 Speaker 1: the economy, Trump's destroyed this He's crushed our allies, he's 547 00:30:42,440 --> 00:30:45,800 Speaker 1: done everything. He's the most destructive individual ever and now 548 00:30:45,840 --> 00:30:51,920 Speaker 1: we're getting autocratic breakthrough. He's destroying the courts. He's sent 549 00:30:51,960 --> 00:30:56,560 Speaker 1: these poor innocent, these poor little boys, these poor innocent kids. 550 00:30:57,080 --> 00:30:59,960 Speaker 1: They're so good, their mommy's gone TV. The big tears 551 00:31:00,080 --> 00:31:03,440 Speaker 1: they put. They're down in this prison in thing because 552 00:31:03,440 --> 00:31:06,560 Speaker 1: they're good kids. And somehow they just got a rock 553 00:31:06,600 --> 00:31:09,320 Speaker 1: and roll tattoo. And you know, people got them for 554 00:31:09,360 --> 00:31:11,160 Speaker 1: all the wrong reasons. We got to bring them all 555 00:31:11,200 --> 00:31:16,120 Speaker 1: back and tuck them in. Because Trump's evil, He's incompetent, 556 00:31:16,160 --> 00:31:20,000 Speaker 1: He's a bad person, folks. I told you when the 557 00:31:20,000 --> 00:31:22,640 Speaker 1: inauguration's going, they're all running around and they got the 558 00:31:22,680 --> 00:31:24,840 Speaker 1: crypto thing here, and they got that here, and they're 559 00:31:24,880 --> 00:31:26,800 Speaker 1: doing this here, and they're running around. I said, give 560 00:31:26,800 --> 00:31:29,400 Speaker 1: it one hundred days. Well I think we're before seventy 561 00:31:30,280 --> 00:31:33,760 Speaker 1: because Trump is going to get down to it. He 562 00:31:33,840 --> 00:31:37,840 Speaker 1: didn't put he didn't risk seven hundred years of three 563 00:31:37,880 --> 00:31:41,320 Speaker 1: hundred fifty years in prison, he didn't risk bankruptcy, he 564 00:31:41,360 --> 00:31:46,440 Speaker 1: didn't risk having his family destroyed, his honor destroyed, all 565 00:31:46,520 --> 00:31:50,800 Speaker 1: of it to come and do small things. Good lord, 566 00:31:50,840 --> 00:31:53,640 Speaker 1: he's done more big things in sixty five days than 567 00:31:53,760 --> 00:31:56,600 Speaker 1: all the presidents combined of the twentieth century. And I'm 568 00:31:56,600 --> 00:32:00,000 Speaker 1: gonna throw FDR in there and Reagan if you think 569 00:32:00,000 --> 00:32:06,200 Speaker 1: think about it structurally, for the little guy, they'renning. Oh 570 00:32:06,280 --> 00:32:09,680 Speaker 1: my god, he said, raking an FDR. I can't be 571 00:32:09,720 --> 00:32:14,280 Speaker 1: greater than that. Yeah, he is yep, he is. And 572 00:32:14,280 --> 00:32:17,040 Speaker 1: you're already starting to see fissures. They're already coming out 573 00:32:17,040 --> 00:32:19,200 Speaker 1: of the Senate's already passed something. He got, cruise gets, 574 00:32:19,400 --> 00:32:21,080 Speaker 1: he got them all. Oh my god, terrorists are terrible. 575 00:32:21,120 --> 00:32:22,440 Speaker 1: It's gonna be a off what it's gonna be terrible. 576 00:32:22,440 --> 00:32:26,440 Speaker 1: They're breaking ranks. I don't see anybody banging heads from 577 00:32:26,440 --> 00:32:29,440 Speaker 1: the war from the White House. He's a busy guy. 578 00:32:29,760 --> 00:32:31,840 Speaker 1: President Trump's got a couple of three things on his plate. 579 00:32:32,040 --> 00:32:34,160 Speaker 1: Where are the head bangers? Go bang some heads? 580 00:32:35,120 --> 00:32:35,200 Speaker 3: What? 581 00:32:35,240 --> 00:32:36,480 Speaker 1: I don't want to see him as up on the 582 00:32:36,480 --> 00:32:43,120 Speaker 1: Capitol steps with the sign that says reciprocity, sir, because 583 00:32:43,160 --> 00:32:45,480 Speaker 1: behind the scenes they're the ones leaking to the press 584 00:32:45,480 --> 00:32:48,400 Speaker 1: and yearman, this is terrible. I don't know what's gonna happen. Yeah, 585 00:32:48,400 --> 00:32:51,160 Speaker 1: I don't know what's gonna happen. This is the same 586 00:32:51,200 --> 00:32:53,440 Speaker 1: crowd that won't go down and have a town hall 587 00:32:53,520 --> 00:32:56,400 Speaker 1: because they're afraid of democrats gonna say something bad to him. 588 00:32:57,200 --> 00:33:00,600 Speaker 1: A Democrat's gonna say something bad. So you know if 589 00:33:00,640 --> 00:33:02,560 Speaker 1: these demo is, these democrats are gonna get some things. 590 00:33:02,640 --> 00:33:04,960 Speaker 1: They tell them, Democrats, go screw yourself. You guys had 591 00:33:04,960 --> 00:33:08,760 Speaker 1: four years. You drove this country into the ground. This 592 00:33:08,840 --> 00:33:12,280 Speaker 1: country is so great you how come working class people 593 00:33:12,320 --> 00:33:13,960 Speaker 1: are not voting for your vote or voting for us. 594 00:33:14,000 --> 00:33:15,560 Speaker 1: I don't want to see the paid guys they show up there. 595 00:33:15,600 --> 00:33:18,520 Speaker 1: It ask them getting their grill, shut up. And if 596 00:33:18,520 --> 00:33:20,160 Speaker 1: they don't shut up, how you get a question? If 597 00:33:20,160 --> 00:33:22,200 Speaker 1: you don't ask a decent question, throw them out of there, 598 00:33:23,800 --> 00:33:28,080 Speaker 1: Take them and throw them out. You guys start playing 599 00:33:28,080 --> 00:33:31,920 Speaker 1: the same tactics. The reason the country's in the shape 600 00:33:31,920 --> 00:33:34,400 Speaker 1: it's in for too long. The Republicans just went along 601 00:33:34,400 --> 00:33:36,360 Speaker 1: with this little bow ties and you know, gonna have 602 00:33:36,400 --> 00:33:39,440 Speaker 1: a you know, gonna have a thing a punch. This 603 00:33:39,560 --> 00:33:43,000 Speaker 1: is not a cotillion. This is not when we're in 604 00:33:43,120 --> 00:33:47,680 Speaker 1: thin ties and you know reading uh Witaker Chambers Witness. 605 00:33:47,720 --> 00:33:49,440 Speaker 1: That's all great, but that's not what this is about. 606 00:33:49,480 --> 00:33:52,240 Speaker 1: This's a fight for the direction of your country. This 607 00:33:52,360 --> 00:33:54,760 Speaker 1: is like the guys in the Patriots in the in 608 00:33:54,840 --> 00:33:57,320 Speaker 1: the Revolutionary War, This like the Civil War, This is 609 00:33:57,360 --> 00:34:02,160 Speaker 1: like World War two. This is a political Donnybrook, a 610 00:34:02,240 --> 00:34:07,200 Speaker 1: fight and they're fighting and we're sitting around feeling good. 611 00:34:08,920 --> 00:34:11,200 Speaker 1: You better not be feeling good now because President Trump's 612 00:34:11,200 --> 00:34:13,359 Speaker 1: put it all on the line, and they're coming for him. 613 00:34:14,680 --> 00:34:18,480 Speaker 1: They're coming for him because they think they saw Wisconsin. 614 00:34:18,600 --> 00:34:23,040 Speaker 1: They take him out the whole thing Creators. They got 615 00:34:23,040 --> 00:34:24,839 Speaker 1: a guy running around the cheese head on the whole 616 00:34:24,840 --> 00:34:29,240 Speaker 1: thing Creators. They trust me. These people are plenty tough, 617 00:34:29,320 --> 00:34:33,080 Speaker 1: and they're plenty smart, and they're conniving. They got the institutions, 618 00:34:33,280 --> 00:34:36,040 Speaker 1: they got the money, they got the power. They're taking 619 00:34:36,040 --> 00:34:38,880 Speaker 1: it from overseas. The last thing they want is the 620 00:34:38,920 --> 00:34:41,560 Speaker 1: American people to have the sovereignty of their nation back. 621 00:34:43,440 --> 00:34:47,640 Speaker 1: They think we can just wait Trump out. We'll wait 622 00:34:47,680 --> 00:34:50,759 Speaker 1: this out. He's at least got another twelve he's got 623 00:34:50,760 --> 00:34:56,839 Speaker 1: twelve years of eleven and a half years minimum. Yeah, 624 00:34:56,840 --> 00:35:00,640 Speaker 1: we got a couple of cards of our sleeve. Not 625 00:35:00,760 --> 00:35:04,560 Speaker 1: wasting our time on that one. They think we don't 626 00:35:04,600 --> 00:35:06,440 Speaker 1: need their need to worry about that. Don't peach him 627 00:35:06,480 --> 00:35:12,440 Speaker 1: in the midterms. Because of this, Ed Dowd, we never 628 00:35:12,480 --> 00:35:14,399 Speaker 1: really made the case. I mean we would make it here, 629 00:35:14,440 --> 00:35:16,520 Speaker 1: but they lay out the case of what President Trump 630 00:35:16,520 --> 00:35:18,959 Speaker 1: inherited and what he's trying to reorient. 631 00:35:19,360 --> 00:35:22,960 Speaker 9: Walk us through it, sir, Well, you mentioned in this 632 00:35:23,840 --> 00:35:28,799 Speaker 9: monologue that MSNBC and CNBC are talking about Trump's wrecked 633 00:35:28,840 --> 00:35:31,759 Speaker 9: the economy, the middle class economy, the real economy was 634 00:35:31,760 --> 00:35:34,600 Speaker 9: already wrecked going into the election. Trump won because of 635 00:35:34,640 --> 00:35:38,640 Speaker 9: that economy. Real wage growth was minus two percent. And 636 00:35:38,680 --> 00:35:40,919 Speaker 9: I've said before and I'll say it again, Ronald Reagan 637 00:35:40,960 --> 00:35:44,000 Speaker 9: had a similar setup, one in a landslide. He had 638 00:35:44,000 --> 00:35:47,640 Speaker 9: a double dip reception recession while he restructed the economy. 639 00:35:48,600 --> 00:35:51,760 Speaker 9: Bill Clinton same set up minus two percent real wage 640 00:35:51,760 --> 00:35:54,560 Speaker 9: growth versus Bush, and he won. 641 00:35:55,000 --> 00:35:55,960 Speaker 3: And Trump won. 642 00:35:55,800 --> 00:35:59,040 Speaker 9: Because economy was already wrecked. The stock market, which is 643 00:35:59,080 --> 00:36:02,720 Speaker 9: now I guess making headlines, was already in the process 644 00:36:02,760 --> 00:36:06,680 Speaker 9: of topping since December. And what people need to understand 645 00:36:06,800 --> 00:36:08,799 Speaker 9: is that the last two years of the buy administration 646 00:36:09,120 --> 00:36:12,640 Speaker 9: was a fraudulent economy. You know, in every FED cycle 647 00:36:13,440 --> 00:36:16,839 Speaker 9: of easing and then tightening, the fraud comes out. Well, 648 00:36:17,239 --> 00:36:20,120 Speaker 9: we corporate fraud in the nineties, we had bank of 649 00:36:20,200 --> 00:36:22,680 Speaker 9: fraud that almost took the system down in the seven 650 00:36:22,680 --> 00:36:24,880 Speaker 9: o eight period. Then we had a fourteen year easy 651 00:36:24,880 --> 00:36:27,920 Speaker 9: money period and then an interest rate hike. And usually 652 00:36:28,680 --> 00:36:30,719 Speaker 9: once the punch bowls taken away and it has been 653 00:36:30,760 --> 00:36:33,279 Speaker 9: taken away, interest rates are too tight they need to 654 00:36:33,280 --> 00:36:35,880 Speaker 9: come down. And there was fraud that propped up the 655 00:36:35,960 --> 00:36:38,600 Speaker 9: last leg of this and this fraud was the elephant. 656 00:36:38,280 --> 00:36:38,719 Speaker 1: In the room. 657 00:36:38,960 --> 00:36:42,160 Speaker 9: A legal immigration ten to fifteen million people brought in 658 00:36:42,160 --> 00:36:44,160 Speaker 9: in a four year span, majority of which in the 659 00:36:44,239 --> 00:36:46,919 Speaker 9: last two years. That was a tremendous amount of money. 660 00:36:47,000 --> 00:36:49,960 Speaker 9: It's easy to assume the all in economic costs for 661 00:36:50,000 --> 00:36:54,520 Speaker 9: a new legal alien, which was a purposeful policy of 662 00:36:54,560 --> 00:36:57,840 Speaker 9: the buid administration outsourced to NGOs, the all in economic 663 00:36:57,880 --> 00:37:01,360 Speaker 9: costs that got it worked its way into the using 664 00:37:01,360 --> 00:37:04,799 Speaker 9: our balance sheet and deficits, was about fifty one hundred 665 00:37:04,800 --> 00:37:08,160 Speaker 9: thousand per legal That includes getting them from Central America 666 00:37:08,480 --> 00:37:11,280 Speaker 9: to the Darien Gap, to the border into the interior 667 00:37:11,280 --> 00:37:13,640 Speaker 9: of the US, setting them up with accommodations, and then 668 00:37:13,680 --> 00:37:17,120 Speaker 9: giving them food and shelter for the period that they're there. 669 00:37:17,560 --> 00:37:20,680 Speaker 9: That's a that's a very easy estimate, and that's about 670 00:37:20,920 --> 00:37:23,239 Speaker 9: one and if you say fifteen million illegals, good and 671 00:37:23,239 --> 00:37:25,200 Speaker 9: that's one and a half trillion that was spent to 672 00:37:25,200 --> 00:37:28,239 Speaker 9: prop up this economy through the NGO system. And it 673 00:37:28,400 --> 00:37:32,080 Speaker 9: was fake, false, and that's why we had fraudulent nonfarm 674 00:37:32,120 --> 00:37:34,880 Speaker 9: payroll numbers. We suspect only about two million of the 675 00:37:34,920 --> 00:37:38,640 Speaker 9: illegals actually got jobs. The rest of the freebies. Doge 676 00:37:38,880 --> 00:37:43,320 Speaker 9: is exposed so much fraud getting Social Security numbers, free benefits. 677 00:37:43,600 --> 00:37:46,120 Speaker 9: I think the administration needs to really talk about the 678 00:37:46,160 --> 00:37:49,280 Speaker 9: fraud that they've uncovered and how it propped up the economy, 679 00:37:49,400 --> 00:37:51,960 Speaker 9: and the economy quite frankly started the week in the 680 00:37:52,000 --> 00:37:53,160 Speaker 9: moment Trump got a life. 681 00:37:53,120 --> 00:37:57,120 Speaker 1: Because sixteen it's just sixteen trillion dollars in the pandemic. 682 00:37:57,120 --> 00:37:59,120 Speaker 1: Go on sixteen trellion dollars to say you get to 683 00:37:59,160 --> 00:38:02,560 Speaker 1: the thirty seven started twenty one tree and sixteen treeion dollars. 684 00:38:03,920 --> 00:38:06,120 Speaker 1: The reason the thing was propped up is federal spending 685 00:38:06,680 --> 00:38:10,160 Speaker 1: in the in and the Congress went along with it, 686 00:38:10,239 --> 00:38:12,480 Speaker 1: and Biden went along with I mean, we stopped and 687 00:38:12,480 --> 00:38:16,200 Speaker 1: turfed out McCarthy, and that's got to stop. Inflation is 688 00:38:16,239 --> 00:38:17,839 Speaker 1: not going to stop till you stop that. We have. 689 00:38:17,960 --> 00:38:21,359 Speaker 1: Okay for the people on CNBC in MSNBC, particularly Katie 690 00:38:21,360 --> 00:38:24,319 Speaker 1: tour take your number two princis, Like Katie, Katie, I 691 00:38:24,320 --> 00:38:27,000 Speaker 1: can tell right away that you were a math with 692 00:38:27,080 --> 00:38:29,640 Speaker 1: tears person just saying maybe not. I think you said 693 00:38:29,680 --> 00:38:31,959 Speaker 1: the other day she took calculus. That's okay, that's good. 694 00:38:33,239 --> 00:38:36,800 Speaker 1: We have twenty five tree dollars trade deficit cumulative aggregate 695 00:38:36,840 --> 00:38:39,120 Speaker 1: and thirty seven tree dollars a debt. That's the face ofment. 696 00:38:39,160 --> 00:38:42,000 Speaker 1: I got another one hundred treeion dollars of you know, 697 00:38:42,800 --> 00:38:46,879 Speaker 1: live contingent liabilities of her. Call them we're in hawk. 698 00:38:47,360 --> 00:38:49,960 Speaker 1: The twenty part of the thirty seven trade is that 699 00:38:50,000 --> 00:38:53,600 Speaker 1: people not making of mine. They're they're buying the cheap 700 00:38:53,640 --> 00:38:56,560 Speaker 1: goods center from China because they don't have the jobs 701 00:38:56,560 --> 00:38:58,960 Speaker 1: here anymore. That's how you get to the deficit. The 702 00:38:59,000 --> 00:39:01,560 Speaker 1: trade deficits are real thing, eighteen tree in dollars since 703 00:39:01,640 --> 00:39:04,839 Speaker 1: China's come into the World Trade Organization and got most 704 00:39:04,840 --> 00:39:09,080 Speaker 1: Favored Nation status by Clinton and Bob Rubin and that 705 00:39:09,120 --> 00:39:13,280 Speaker 1: whole crowd that the neoliberal neo cons of the Bush Clinton. 706 00:39:13,640 --> 00:39:16,000 Speaker 1: They're all the same folks, and that's the gospel they're 707 00:39:16,000 --> 00:39:19,200 Speaker 1: preaching here every day. And we're not countering it with 708 00:39:19,400 --> 00:39:23,799 Speaker 1: economic nationalism up in your face, brute force. Sorry you 709 00:39:23,840 --> 00:39:26,520 Speaker 1: don't like it. This is what we're doing. The American 710 00:39:26,520 --> 00:39:29,520 Speaker 1: people are going to get a great deal. What does 711 00:39:29,560 --> 00:39:32,799 Speaker 1: pacobics say it's a great deal. It's not a good deal. 712 00:39:32,920 --> 00:39:35,239 Speaker 1: It's not an okay deal. It's not a kind of 713 00:39:35,280 --> 00:39:39,239 Speaker 1: a it's a great deal. And that's why. Why do 714 00:39:39,239 --> 00:39:41,480 Speaker 1: you think they're on MSNBC and seeing the New York Times, 715 00:39:41,520 --> 00:39:44,040 Speaker 1: Wall Street Journal, Financial Times. Jenny and Tet's up there. 716 00:39:44,080 --> 00:39:45,440 Speaker 1: She's one of the smartest women in the world of 717 00:39:45,480 --> 00:39:52,520 Speaker 1: capal markets. She's very upset. She's very upset. Hell, it's 718 00:39:52,560 --> 00:39:56,359 Speaker 1: the Financial Times of London, the Wall Street Journal, the 719 00:39:56,440 --> 00:39:59,840 Speaker 1: New York Times. That these people have anything in common 720 00:39:59,920 --> 00:40:01,839 Speaker 1: or ever have the back of working men and women 721 00:40:01,880 --> 00:40:05,560 Speaker 1: in the United States of America. Ever, No, they do not. 722 00:40:05,719 --> 00:40:08,759 Speaker 1: Why do they hate Trump so much? They hate him 723 00:40:08,760 --> 00:40:11,719 Speaker 1: because they think he's a trader to his class. He's 724 00:40:11,760 --> 00:40:17,000 Speaker 1: abating there, for God's sake, he's exposed to con, the 725 00:40:17,080 --> 00:40:20,759 Speaker 1: long con. And that's what this has been. And then 726 00:40:20,840 --> 00:40:23,759 Speaker 1: Dew just walked into a couple of three numbers that 727 00:40:23,840 --> 00:40:26,160 Speaker 1: they never wanted to talk about. Were they running around 728 00:40:26,200 --> 00:40:29,400 Speaker 1: with inflation, inflation, inflation and talking about how bad inflation 729 00:40:29,440 --> 00:40:30,880 Speaker 1: they were trying to cover it up. It's really not 730 00:40:30,920 --> 00:40:33,160 Speaker 1: that bad. It's only two percent. Not talking about the 731 00:40:33,160 --> 00:40:35,239 Speaker 1: cumult not talking about the decline and the purchase power 732 00:40:35,280 --> 00:40:38,440 Speaker 1: of the dollar. Of why the bricks nations were upset 733 00:40:40,040 --> 00:40:42,840 Speaker 1: because they run a circus program. Hell, they got hundreds 734 00:40:42,880 --> 00:40:45,120 Speaker 1: of economists and hundreds of business guys are all coming 735 00:40:45,160 --> 00:40:49,879 Speaker 1: out because they're part of a corrupt system and they 736 00:40:49,960 --> 00:40:52,240 Speaker 1: want to take their hands off the levers of power. 737 00:40:53,480 --> 00:41:03,840 Speaker 1: What could be simpler? Shortbreak, use your hosts kack birch 738 00:41:03,880 --> 00:41:07,640 Speaker 1: gold dot com, take your phone out, text Bannon b 739 00:41:07,719 --> 00:41:09,799 Speaker 1: A N N O N at nine eight nine eight 740 00:41:09,880 --> 00:41:14,000 Speaker 1: nine eight. Get the ultimate guide to investing in gold 741 00:41:14,080 --> 00:41:17,719 Speaker 1: and precious metals in the era of Trump, now more 742 00:41:17,760 --> 00:41:21,160 Speaker 1: than ever. Also go to birch Gold dot com. Go 743 00:41:21,200 --> 00:41:24,239 Speaker 1: to the website birch Gold dot com. Slash Bannon into 744 00:41:24,280 --> 00:41:26,400 Speaker 1: the dollar empire. Get the six free and so I 745 00:41:26,440 --> 00:41:29,360 Speaker 1: mean get them all. You get the six free one uh. 746 00:41:29,680 --> 00:41:32,359 Speaker 1: Modern monetary theory, the idea that broke the world. Don't 747 00:41:32,360 --> 00:41:35,160 Speaker 1: think one of the world's biggest margin call stand by 748 00:41:36,400 --> 00:41:38,719 Speaker 1: over at Substack. I'll put this up later. Ton Vy 749 00:41:39,000 --> 00:41:43,800 Speaker 1: Ratna very perceptive. Trump's new tariffs aren't a trade tweak, 750 00:41:43,920 --> 00:41:47,839 Speaker 1: They're a first move and a full spectrum reset. Nine 751 00:41:47,840 --> 00:41:50,200 Speaker 1: point two train of debt matures in twenty twenty five, 752 00:41:50,239 --> 00:41:54,759 Speaker 1: Infaci Lingers Alliance are shifting. She breaks and does a 753 00:41:54,760 --> 00:41:56,640 Speaker 1: whole analysis that's the way to think about it. Think 754 00:41:56,640 --> 00:41:59,520 Speaker 1: about this smartly, the pieces of it. Remember on the 755 00:41:59,560 --> 00:42:03,160 Speaker 1: pandemic they want to do, Remember the world economic form 756 00:42:03,160 --> 00:42:08,040 Speaker 1: of like kloss Schwab retired the other day. They want 757 00:42:08,120 --> 00:42:10,080 Speaker 1: to do what the build back better? A bunch of 758 00:42:10,080 --> 00:42:15,880 Speaker 1: pencil necks with power points doing ted talks. Donald Trump's 759 00:42:15,960 --> 00:42:18,800 Speaker 1: changed in the world with action. He steps and you 760 00:42:18,880 --> 00:42:20,719 Speaker 1: see that speech in the Rose Guard the other day. 761 00:42:20,760 --> 00:42:24,000 Speaker 1: That's a man stepping into it and say here's the 762 00:42:24,040 --> 00:42:27,200 Speaker 1: way it's going to be. And let's give him a 763 00:42:27,200 --> 00:42:30,759 Speaker 1: little backup. How about that. Everybody ought to be to 764 00:42:30,800 --> 00:42:34,040 Speaker 1: the ramparts on this and he's not going to back 765 00:42:34,080 --> 00:42:37,640 Speaker 1: off this. You got a one shot to do this, folks. 766 00:42:37,800 --> 00:42:40,240 Speaker 1: You blink now. I don't want to hear any whining 767 00:42:40,320 --> 00:42:43,280 Speaker 1: and bitching and moaning about, oh this is so terrible. 768 00:42:43,320 --> 00:42:45,640 Speaker 1: They sent all the jobs at China. Hell, he just 769 00:42:45,640 --> 00:42:47,960 Speaker 1: got a fifty four percent if you add the twenty 770 00:42:48,000 --> 00:42:50,320 Speaker 1: to the thirty four, he got fifty four percent tariff. 771 00:42:51,239 --> 00:42:55,120 Speaker 1: Chinese Communist Party, they ain't sleeping a night. They're figuring 772 00:42:55,160 --> 00:42:57,080 Speaker 1: out how we did We got to do something with Trump. 773 00:42:58,719 --> 00:43:01,359 Speaker 1: He just went to economic war of the CCP said Hey, 774 00:43:01,360 --> 00:43:04,640 Speaker 1: suck on this. How about this deal with this? I 775 00:43:04,719 --> 00:43:08,360 Speaker 1: respect you. She deal with the fifty four percent tariff, 776 00:43:08,640 --> 00:43:12,799 Speaker 1: of which twenty percent is starting immediately. This is not 777 00:43:12,880 --> 00:43:15,560 Speaker 1: a ted talk. It's not a bunch of foils. It's 778 00:43:15,600 --> 00:43:18,840 Speaker 1: not some presentation. Not a deck to go to a 779 00:43:18,840 --> 00:43:22,359 Speaker 1: world economic foreign Davis. Let's have a deck. There's all 780 00:43:22,400 --> 00:43:24,279 Speaker 1: those guys, they all weigh ninety eight pounds or one 781 00:43:24,360 --> 00:43:26,400 Speaker 1: hundred and two pounds, right, get the thin suits and 782 00:43:26,440 --> 00:43:28,359 Speaker 1: the you know, all the different colors that's sitting there, 783 00:43:28,440 --> 00:43:30,399 Speaker 1: giving you a deck. How about a deck? How about 784 00:43:30,400 --> 00:43:33,800 Speaker 1: a presentation you're doing on a presentation. Trump's changing the world, 785 00:43:34,600 --> 00:43:38,680 Speaker 1: a world that you built that's screwing working class people 786 00:43:38,719 --> 00:43:41,520 Speaker 1: throughout the world, are particularly in the United States of America. 787 00:43:44,080 --> 00:43:45,600 Speaker 1: And he doesn't care if you like it or you 788 00:43:45,600 --> 00:43:49,840 Speaker 1: don't like it. So get on board or if you 789 00:43:49,880 --> 00:43:54,400 Speaker 1: want listen. This is going to be remembered, folks. This 790 00:43:54,480 --> 00:43:56,319 Speaker 1: is going to be Remember every climbed on. They all 791 00:43:56,320 --> 00:43:58,919 Speaker 1: climb on. When Trump's winning, they all climb on November fifth, 792 00:43:58,960 --> 00:44:01,360 Speaker 1: remember on the evening of in Trump Great, my phone's 793 00:44:01,360 --> 00:44:03,279 Speaker 1: blown up. Been an amazing people I hunted from in 794 00:44:03,280 --> 00:44:07,399 Speaker 1: the years isn't it fantastic that he Oh, by the way, 795 00:44:07,400 --> 00:44:10,279 Speaker 1: he had a prison Steve. It's a great Trump won. 796 00:44:11,440 --> 00:44:14,000 Speaker 1: They all had the road to Damascus. All the people 797 00:44:14,080 --> 00:44:16,319 Speaker 1: hated him for so many years abandoned. They're all back. 798 00:44:17,320 --> 00:44:21,000 Speaker 1: After ten o'clock, after Pennsylvania and Wisconsin and Michigan, after 799 00:44:21,040 --> 00:44:25,840 Speaker 1: all fell, they all yet tech bros. Facebook went in, 800 00:44:25,920 --> 00:44:30,200 Speaker 1: started working out more. He getting broke out, getting Dana 801 00:44:30,239 --> 00:44:31,840 Speaker 1: White on his board. He's gonna be He's gonna be 802 00:44:31,880 --> 00:44:35,520 Speaker 1: a brother, gonna be a kung Fu fighter. All of 803 00:44:35,560 --> 00:44:38,280 Speaker 1: them coming back. This is great. Let's have anaugur Let's party. 804 00:44:39,080 --> 00:44:41,960 Speaker 1: Where are they? I kind of I think I've missed 805 00:44:41,960 --> 00:44:44,479 Speaker 1: those voices the last couple of days. Have I seen 806 00:44:44,520 --> 00:44:47,960 Speaker 1: them up there about this? Maybe I missed it. Maybe 807 00:44:48,000 --> 00:44:51,880 Speaker 1: my staff just didn't pull all those endorsements, ringing endorsements. 808 00:44:53,200 --> 00:44:56,600 Speaker 1: Where all those Republican politicians all down there begging him, 809 00:44:56,640 --> 00:45:00,000 Speaker 1: kissing his ass to get an endorsement. So nobody running 810 00:45:00,000 --> 00:45:02,280 Speaker 1: against him. Tell me the greatest thing in the world 811 00:45:02,560 --> 00:45:05,920 Speaker 1: up on Capitol Hill. Hell, they're getting the knives ready. 812 00:45:06,920 --> 00:45:09,320 Speaker 1: Trump better not come up. Here'll be the IDEs of April. 813 00:45:12,160 --> 00:45:14,520 Speaker 1: Do you think any of have their back. They don't 814 00:45:14,560 --> 00:45:17,680 Speaker 1: have his back. How many have come forward, went full 815 00:45:17,719 --> 00:45:20,759 Speaker 1: throat and said, absolutely, this is one hundred percent right. 816 00:45:20,800 --> 00:45:23,520 Speaker 1: We're sticking with this. Trump's redoing this for the American people, 817 00:45:23,520 --> 00:45:28,719 Speaker 1: forgotten man and woman. They're all kind of faux populous. 818 00:45:28,719 --> 00:45:33,799 Speaker 1: There's much cosplay as Bernie Sanders. Where's Bernie in this? Oh? 819 00:45:33,840 --> 00:45:37,279 Speaker 1: Bernie put out a sharply worded press release. Yes, you 820 00:45:37,320 --> 00:45:38,759 Speaker 1: need terrorists, but this is not the way. There's the 821 00:45:38,840 --> 00:45:43,000 Speaker 1: mumbo jumbo Bernie, Bernie, you're irrelevant, Go go play in 822 00:45:43,000 --> 00:45:44,840 Speaker 1: the corner. You had two shots of Hillary Clinton. He 823 00:45:44,840 --> 00:45:48,239 Speaker 1: had two shots at the neoliberal neo Khon mafia, and 824 00:45:48,280 --> 00:45:51,080 Speaker 1: you blinked both times. You know why, you're gutless old man, 825 00:45:52,520 --> 00:45:55,960 Speaker 1: always drawing big crowds, drawing brick crowd Hey, hapless fools 826 00:45:55,960 --> 00:45:59,080 Speaker 1: that go to Bernie Sanders are going to remain hapless fools. 827 00:46:00,440 --> 00:46:04,080 Speaker 1: Not sorry. Oh but he's got his opening acts at AOC. 828 00:46:04,320 --> 00:46:06,279 Speaker 1: She's a fire breather, she's on top of her, she's 829 00:46:06,280 --> 00:46:14,360 Speaker 1: got it, she understands it. There's two beauties. This is 830 00:46:14,440 --> 00:46:19,000 Speaker 1: political warfare. You got one shot at this. Everybody for 831 00:46:19,160 --> 00:46:23,080 Speaker 1: decade after decade after decade after decade, it said, the 832 00:46:23,160 --> 00:46:26,120 Speaker 1: job's all shipped, and the jobs left and the drugs 833 00:46:26,120 --> 00:46:30,239 Speaker 1: came in. They gut it. The Midwest, they got it, 834 00:46:30,280 --> 00:46:33,399 Speaker 1: the Upper Middlewest, they got it. New England, they gut 835 00:46:33,400 --> 00:46:36,840 Speaker 1: it the South. And you see those people, you know, 836 00:46:36,880 --> 00:46:39,560 Speaker 1: Stephanie rolling that crowd on them. They're all, yeah, it's 837 00:46:39,640 --> 00:46:41,600 Speaker 1: just too bad, you know. And they're making a pitch. 838 00:46:41,640 --> 00:46:44,719 Speaker 1: They're not including the service economy. They're not including the 839 00:46:44,760 --> 00:46:49,640 Speaker 1: service economy. There's no sustainable competitive advantage in the service economy. Oh, 840 00:46:49,719 --> 00:46:52,919 Speaker 1: except if you come up with an algorithm. I got it, 841 00:46:53,040 --> 00:46:57,319 Speaker 1: the algorithmic age. I got it with the only reason 842 00:46:57,400 --> 00:47:01,480 Speaker 1: that you got Come on, you granted these guys monopoly status. 843 00:47:02,800 --> 00:47:05,040 Speaker 1: Let Leana con on them for a month and see 844 00:47:05,040 --> 00:47:08,520 Speaker 1: how what big shots they are. Let Gail Slater take 845 00:47:08,520 --> 00:47:12,319 Speaker 1: a shot at it. Oh, it's a service economy all day. 846 00:47:12,320 --> 00:47:15,880 Speaker 1: It's a service economy. They're not counting services and services 847 00:47:15,880 --> 00:47:21,200 Speaker 1: so competitive. No, No, that's just not true. It's what 848 00:47:21,280 --> 00:47:23,279 Speaker 1: you make, how you make it, how you produce it, 849 00:47:23,760 --> 00:47:29,680 Speaker 1: how you grow it. That's it. I don't want to 850 00:47:29,719 --> 00:47:34,960 Speaker 1: hear any whinnying. If we don't win this moment. We're 851 00:47:34,960 --> 00:47:38,279 Speaker 1: gonna win this moment. Okay, and remember I'm taking names. 852 00:47:38,320 --> 00:47:40,799 Speaker 1: I got my black book out. I'm irish, I'm taking them, 853 00:47:40,800 --> 00:47:43,560 Speaker 1: breaking that down with my number two princip who's with 854 00:47:43,640 --> 00:47:46,040 Speaker 1: us and who's the guinness? And I don't want to 855 00:47:46,080 --> 00:47:49,160 Speaker 1: after this, no more shot coming back on the boat. 856 00:47:49,239 --> 00:47:50,360 Speaker 1: We're gonna shoot the people. 857 00:47:50,360 --> 00:47:50,799 Speaker 3: Behave you. 858 00:47:50,960 --> 00:47:52,680 Speaker 1: If you jumped through the boat, you're gonna swim back. 859 00:47:52,719 --> 00:47:55,080 Speaker 1: You try to get out of the way. No, no, no, no, no, no, 860 00:47:55,640 --> 00:48:00,799 Speaker 1: shoot them. That's a metaphor. Why do I care. We're 861 00:48:00,840 --> 00:48:03,799 Speaker 1: banned everywhere for good reason, and I'm damn glad of it. 862 00:48:05,640 --> 00:48:08,160 Speaker 1: It's so detestable what I've seen the last couple of days. 863 00:48:09,440 --> 00:48:14,759 Speaker 1: The cowardness, the lies, when the American people their livelihood, 864 00:48:15,160 --> 00:48:18,520 Speaker 1: their pursuit of happiness, which I happen to read somewhere, 865 00:48:18,560 --> 00:48:21,600 Speaker 1: their pursuit of happiness, and their children and their grandchildren. 866 00:48:22,360 --> 00:48:29,600 Speaker 1: We're on the line, the misrepresentations, the lies, baldface lies, 867 00:48:31,360 --> 00:48:34,280 Speaker 1: because those in charge of the money and the power 868 00:48:34,360 --> 00:48:36,239 Speaker 1: are not prepared to pat you on the head and 869 00:48:36,280 --> 00:48:40,120 Speaker 1: say what a brilliant idea. Yes, Jack Vsovic, you're correct, Yes, 870 00:48:40,200 --> 00:48:42,600 Speaker 1: Charlie Kirk, you're correct. It's a great deal. Why didn't 871 00:48:42,640 --> 00:48:45,920 Speaker 1: we think of that? Why didn't we think of that? 872 00:48:46,040 --> 00:48:49,040 Speaker 1: It is a great deal. Thanks for explaining that to us. Fellas, 873 00:48:49,680 --> 00:48:52,040 Speaker 1: let's as well get on board now, that's not the 874 00:48:52,080 --> 00:48:57,279 Speaker 1: way this is going to roll, Folks, short break, ed 875 00:48:57,320 --> 00:48:58,000 Speaker 1: Doubt and others