1 00:00:00,160 --> 00:00:03,360 Speaker 1: All right, day three thirty four, but day three forty seven, 2 00:00:03,480 --> 00:00:07,000 Speaker 1: nearly a year now since Joey abandoned our fellow Americans. 3 00:00:07,040 --> 00:00:09,240 Speaker 1: He said three hundred and forty seven days ago that 4 00:00:09,280 --> 00:00:11,360 Speaker 1: he would never do such a thing, and he did it, 5 00:00:11,440 --> 00:00:14,720 Speaker 1: and we now see the consequences and they're real and 6 00:00:14,760 --> 00:00:19,680 Speaker 1: they're severe, and it's pretty unbelievable. Anyway, glad you're with 7 00:00:19,760 --> 00:00:21,720 Speaker 1: us eight hundred and nine four one sean, if you 8 00:00:21,760 --> 00:00:24,880 Speaker 1: want to be a part of the program, more bad 9 00:00:24,880 --> 00:00:27,159 Speaker 1: economic news will get it out of the way so 10 00:00:27,200 --> 00:00:28,600 Speaker 1: we can get to some of the other news of 11 00:00:28,640 --> 00:00:30,840 Speaker 1: the day. Though there's not a lot of oh, this 12 00:00:30,960 --> 00:00:33,400 Speaker 1: is great news. You know, I'll be sharing with people, 13 00:00:33,400 --> 00:00:35,959 Speaker 1: but you need to be aware. You know. The one 14 00:00:36,000 --> 00:00:38,320 Speaker 1: thing that I don't talk enough about that I really 15 00:00:38,360 --> 00:00:41,680 Speaker 1: should talk more about, is well, how do you how 16 00:00:41,680 --> 00:00:47,960 Speaker 1: do you navigate through inflationary times tough economic times? You know, 17 00:00:48,000 --> 00:00:52,120 Speaker 1: I pointed out yesterday the average individual, the Biden inflation 18 00:00:52,240 --> 00:00:57,760 Speaker 1: tax for the average American is thirty four hundred dollars. Now, 19 00:00:57,760 --> 00:00:59,600 Speaker 1: if you drive a car, you're gonna pay an additional 20 00:00:59,600 --> 00:01:04,520 Speaker 1: two thousand dollars in gas. Considering since Joe's been president, 21 00:01:04,800 --> 00:01:07,920 Speaker 1: gas prices have more than doubled. Oh but it went 22 00:01:08,000 --> 00:01:11,000 Speaker 1: down thirty cents, Hannity, You're not factory that sucker in. 23 00:01:11,080 --> 00:01:14,280 Speaker 1: I'm like, okay, I'll take the cut, but I expected 24 00:01:14,319 --> 00:01:17,360 Speaker 1: to go back up again. I'm sure probably will. Well, 25 00:01:17,400 --> 00:01:19,040 Speaker 1: you know what does it mean? There was an article 26 00:01:19,040 --> 00:01:22,600 Speaker 1: on foxnews dot com skyrocketing and plation is forcing shoppers 27 00:01:22,640 --> 00:01:27,279 Speaker 1: to work overtime and change diets as prices sword. Now, Linda, 28 00:01:27,400 --> 00:01:29,000 Speaker 1: you might laugh at me, and I don't care if 29 00:01:29,040 --> 00:01:30,560 Speaker 1: you laugh at me. I tell you all the time. 30 00:01:30,600 --> 00:01:33,680 Speaker 1: I love walmarts. I love targets. As a matter of fact, 31 00:01:33,680 --> 00:01:36,360 Speaker 1: Me Gomez, sweet baby James, we took you to a 32 00:01:36,520 --> 00:01:39,200 Speaker 1: target so you could buy a choo Choo train for 33 00:01:39,240 --> 00:01:41,720 Speaker 1: your son. Liam. I would like to say that I 34 00:01:41,800 --> 00:01:44,000 Speaker 1: was not in favor of that group trip that was 35 00:01:44,040 --> 00:01:46,680 Speaker 1: supposed to be a solo adventure. Okay, but I knew 36 00:01:46,720 --> 00:01:48,559 Speaker 1: you would go in there, and I was right, because 37 00:01:48,600 --> 00:01:51,680 Speaker 1: I'm watching your shopper one choo Choo train and you 38 00:01:51,800 --> 00:01:54,520 Speaker 1: pick up every choo Choo train in the aisle and 39 00:01:54,880 --> 00:01:57,680 Speaker 1: looking at the price and twisting it and turning it 40 00:01:57,720 --> 00:02:00,240 Speaker 1: and running it and playing with it and seeing which 41 00:02:00,280 --> 00:02:02,320 Speaker 1: and I'm Finally I said, I can't take it anymore. 42 00:02:02,960 --> 00:02:05,680 Speaker 1: I couldn't stand it. That's because you're impatient. That's not 43 00:02:05,680 --> 00:02:08,800 Speaker 1: anything I know. I mean, it's just ridiculous. So I 44 00:02:08,880 --> 00:02:11,440 Speaker 1: went and I got a cart, and I brought the 45 00:02:11,480 --> 00:02:13,679 Speaker 1: cart back and I started throwing all the choo choo 46 00:02:13,720 --> 00:02:16,919 Speaker 1: trains in, or at least the top ten or twelve, 47 00:02:17,360 --> 00:02:19,680 Speaker 1: and I said, let's get out of here. I mean, 48 00:02:20,160 --> 00:02:23,440 Speaker 1: you're very selective in your shopping. Okay, Now it was 49 00:02:23,480 --> 00:02:25,519 Speaker 1: like Christmas for Liam. Liam got all the choo choo 50 00:02:25,520 --> 00:02:29,079 Speaker 1: trains he wanted. He was happy bags when we got 51 00:02:29,120 --> 00:02:32,880 Speaker 1: off the air and we got off the airplane. Presents 52 00:02:32,919 --> 00:02:37,919 Speaker 1: for the kid. A horrible uncle I am. Anyway, So 53 00:02:37,960 --> 00:02:41,120 Speaker 1: skyrocketing inflation forces shoppers to work over time and change 54 00:02:41,160 --> 00:02:44,240 Speaker 1: their diets as prices store. This is true. I saw 55 00:02:44,320 --> 00:02:48,480 Speaker 1: this article and it blew me away because I have 56 00:02:49,000 --> 00:02:54,959 Speaker 1: eaten this myself. And so at the Wall Street Journal 57 00:02:55,040 --> 00:02:58,840 Speaker 1: had the article the one dollar and fifty cent Costco 58 00:02:59,000 --> 00:03:04,160 Speaker 1: hot dog umbo that defies inflation. This is how great 59 00:03:04,240 --> 00:03:08,600 Speaker 1: this deal is. Now the price of this hot dog, 60 00:03:08,639 --> 00:03:13,200 Speaker 1: Now you get a twenty ounce you know, pepsi with it. 61 00:03:13,200 --> 00:03:16,040 Speaker 1: It's only a buck fifty for an all beef hot dog, 62 00:03:16,720 --> 00:03:20,919 Speaker 1: and that price has not changed since nineteen eighty five. 63 00:03:21,000 --> 00:03:23,840 Speaker 1: This is why I love Costco. I love Costco. I 64 00:03:23,919 --> 00:03:26,919 Speaker 1: love Costco two at least prior to COVID. Well, they're 65 00:03:26,919 --> 00:03:28,680 Speaker 1: bringing it back a little bit. They always would have 66 00:03:28,720 --> 00:03:31,440 Speaker 1: people cooking like you know, the different foods and the 67 00:03:31,520 --> 00:03:33,639 Speaker 1: aisle and giving you a taste of it. You get 68 00:03:33,639 --> 00:03:36,400 Speaker 1: a slice of pizza that's really good, you know, for 69 00:03:36,480 --> 00:03:39,440 Speaker 1: a buck ninety nine, you can get a sixteen inch 70 00:03:39,520 --> 00:03:41,400 Speaker 1: hole I think it's sixteen inch how big is it? 71 00:03:41,480 --> 00:03:45,360 Speaker 1: Eighteen inch hole pie for nine dollars and ninety five 72 00:03:45,400 --> 00:03:47,840 Speaker 1: cents and it's it's good food. I'm sorry, I like 73 00:03:47,960 --> 00:03:50,720 Speaker 1: junk food, as you know. But these are the decisions. 74 00:03:51,000 --> 00:03:54,120 Speaker 1: There's only two. Well, there are two main things people 75 00:03:54,160 --> 00:03:56,080 Speaker 1: can do. One is also, by the way, make the 76 00:03:56,080 --> 00:03:59,440 Speaker 1: switch to pure talk and your cell phone service, check 77 00:03:59,480 --> 00:04:02,280 Speaker 1: in with a and financing dot net. These are these 78 00:04:02,000 --> 00:04:05,120 Speaker 1: These are companies that are saving people a lot of money. 79 00:04:05,160 --> 00:04:07,120 Speaker 1: But you have two choices. You either cut back on 80 00:04:07,200 --> 00:04:12,600 Speaker 1: your spending or you can alter your diet and maybe eating. 81 00:04:12,800 --> 00:04:16,200 Speaker 1: You know, for example, beans are very healthy in protein. 82 00:04:16,279 --> 00:04:18,680 Speaker 1: I'm a big protein guy. I'm I'm a paleo guy, 83 00:04:19,360 --> 00:04:21,560 Speaker 1: and so I eat a lot of meat, and I 84 00:04:21,680 --> 00:04:23,719 Speaker 1: watched meat prices and they're going through the roof. It 85 00:04:23,760 --> 00:04:27,240 Speaker 1: tries me absolutely bunkers, but there's got it. And then 86 00:04:27,240 --> 00:04:29,920 Speaker 1: you got to look at is there any way that 87 00:04:30,200 --> 00:04:33,520 Speaker 1: you can work into your busy schedule the ability to 88 00:04:34,120 --> 00:04:37,120 Speaker 1: make more money, maybe start a little side business, maybe 89 00:04:37,200 --> 00:04:40,120 Speaker 1: whatever it happens, to maybe take another job. It sucks, 90 00:04:40,720 --> 00:04:43,640 Speaker 1: but that's the only two ways I know of when 91 00:04:43,680 --> 00:04:46,320 Speaker 1: I was living paycheck to paycheck to do it. Now 92 00:04:46,320 --> 00:04:49,880 Speaker 1: it got worse today because yesterday we got the CPI number, 93 00:04:49,960 --> 00:04:52,920 Speaker 1: the in plation, the highest now in over forty one years, 94 00:04:52,960 --> 00:04:55,640 Speaker 1: the highest number for Biden and he's already had forty 95 00:04:55,680 --> 00:04:58,480 Speaker 1: year highs at nine point one percent. We got new 96 00:04:58,560 --> 00:05:03,720 Speaker 1: numbers today, inflation rising to eleven point three percent. This 97 00:05:03,839 --> 00:05:08,040 Speaker 1: is the as measured by the producer wholesale prices. You 98 00:05:08,120 --> 00:05:13,000 Speaker 1: gotta understand, we buy retail. Producer wholesale prices went up 99 00:05:13,040 --> 00:05:17,040 Speaker 1: to eleven point three percent. That is nearer the highest 100 00:05:17,240 --> 00:05:21,719 Speaker 1: number ever recorded. Now, what does that mean? When wholesale 101 00:05:21,760 --> 00:05:25,440 Speaker 1: prices go up, that means that all of that cost 102 00:05:25,560 --> 00:05:29,120 Speaker 1: increase is going back to you. So that means expect 103 00:05:29,160 --> 00:05:33,800 Speaker 1: another eleven percent increase in goods that we're going to 104 00:05:33,880 --> 00:05:36,360 Speaker 1: buy everywhere. You know, I don't know where the Dow 105 00:05:36,480 --> 00:05:38,960 Speaker 1: is dowsed down about two hundred night last look. Today 106 00:05:39,320 --> 00:05:42,680 Speaker 1: hasn't been great at the DAO. We you know, they're 107 00:05:42,720 --> 00:05:46,880 Speaker 1: flirting with going below thirty thousand again. So people, we've 108 00:05:46,880 --> 00:05:50,920 Speaker 1: wiped out people's you know, with retirement funds, people on 109 00:05:51,080 --> 00:05:53,520 Speaker 1: fixed incomes, the poor, the middle class in this country, 110 00:05:53,520 --> 00:05:56,599 Speaker 1: they're getting killed by this. And now the only the 111 00:05:56,640 --> 00:05:59,039 Speaker 1: next step they're talking about is Okay, well, the Fed's 112 00:05:59,040 --> 00:06:02,400 Speaker 1: going to come back out with a point seven five 113 00:06:02,720 --> 00:06:07,800 Speaker 1: basis point increase in interest rates or some or even 114 00:06:07,839 --> 00:06:12,799 Speaker 1: predicting a full point basis point increase at one point 115 00:06:12,800 --> 00:06:15,920 Speaker 1: one percentage point. That that's not going to be good. 116 00:06:16,000 --> 00:06:20,000 Speaker 1: Laurence Summers has not been wrong in this work with Obama. 117 00:06:20,080 --> 00:06:22,760 Speaker 1: So I'm not quoting the most conservative people out there, 118 00:06:22,800 --> 00:06:28,520 Speaker 1: but even he is saying that the June inflation report 119 00:06:28,640 --> 00:06:32,200 Speaker 1: has increased the likelihood the FED will push the economy 120 00:06:32,279 --> 00:06:35,080 Speaker 1: into a deep procession. I think we already are in one. 121 00:06:35,160 --> 00:06:37,280 Speaker 1: That's my take. The early days of it, for sure, 122 00:06:37,880 --> 00:06:40,920 Speaker 1: as they try to combat runaway consumer prices. According to 123 00:06:41,360 --> 00:06:44,000 Speaker 1: Lauren Summers, he said, quote, I think it is unlikely, 124 00:06:44,640 --> 00:06:47,239 Speaker 1: very unlikely that we're going to see inflation come down 125 00:06:47,480 --> 00:06:52,520 Speaker 1: to a target range without a significant economic downturn. Now 126 00:06:52,560 --> 00:06:56,240 Speaker 1: all of this is happening, and the real estate market 127 00:06:56,480 --> 00:07:00,520 Speaker 1: hasn't been impacted yet, hasn't been will be only beginning 128 00:07:00,560 --> 00:07:04,360 Speaker 1: to see signs of it being impacted. And all of 129 00:07:04,400 --> 00:07:07,400 Speaker 1: these assurances by the White House. Who's a really good 130 00:07:07,400 --> 00:07:11,280 Speaker 1: New York Post cover today and it said repeat the line, 131 00:07:11,760 --> 00:07:14,800 Speaker 1: Joe doesn't need a teleprompter to quote, repeat the line. 132 00:07:15,280 --> 00:07:21,040 Speaker 1: Inflation hits historic highs again, Biden blames everyone else again, 133 00:07:21,440 --> 00:07:25,200 Speaker 1: He's got no plan again, and then it goes through 134 00:07:25,200 --> 00:07:27,680 Speaker 1: the Biden presidency. I was very impressed with the graphs 135 00:07:27,680 --> 00:07:32,320 Speaker 1: they had, and Joe is blind to you know, what's 136 00:07:32,360 --> 00:07:39,000 Speaker 1: happenings as inflation has just declined dramatically. Now Joe becomes president, 137 00:07:39,440 --> 00:07:42,360 Speaker 1: inflation is one point four percent, the consumer price index 138 00:07:42,440 --> 00:07:45,600 Speaker 1: one point four percent. Then in February one point seven, 139 00:07:45,720 --> 00:07:49,360 Speaker 1: March two point six, April four point two, May five 140 00:07:49,440 --> 00:07:52,800 Speaker 1: point zero, now at one point your own power saying well, 141 00:07:52,800 --> 00:07:55,520 Speaker 1: these one time increases and prices are likely to have 142 00:07:55,600 --> 00:07:59,239 Speaker 1: only a transitory effect, or Janet Yellen saying, my judgment 143 00:07:59,320 --> 00:08:01,920 Speaker 1: right now is the recent inflation that we have seen 144 00:08:02,000 --> 00:08:05,440 Speaker 1: will be temporary. It's not something that's endemic. She said 145 00:08:05,480 --> 00:08:08,880 Speaker 1: that in May, and in May was only five percent 146 00:08:09,640 --> 00:08:14,160 Speaker 1: the consumer price index half away we're at now then, 147 00:08:14,200 --> 00:08:16,880 Speaker 1: of course, you know, Joe Biden said in December when 148 00:08:16,880 --> 00:08:19,520 Speaker 1: it was at seven percent, he said, well, you know, 149 00:08:20,040 --> 00:08:22,520 Speaker 1: we probably have now hit our peak here. I think 150 00:08:22,560 --> 00:08:26,200 Speaker 1: it's it's the peak of the crisis that was December tenth, 151 00:08:26,240 --> 00:08:30,080 Speaker 1: when we got the numbers for November that didn't work 152 00:08:30,080 --> 00:08:33,640 Speaker 1: out particularly well either, you know. Then Powell backing off 153 00:08:33,640 --> 00:08:36,800 Speaker 1: the transitory comment. We tend to use transitory to mean 154 00:08:36,880 --> 00:08:39,679 Speaker 1: that it won't leave permanent, a permanent mark in the 155 00:08:39,679 --> 00:08:42,440 Speaker 1: form of high inflation. I think it's it's probably a 156 00:08:42,440 --> 00:08:45,200 Speaker 1: good time to retire that word and try to explain 157 00:08:45,280 --> 00:08:48,719 Speaker 1: more clearly what we mean. We knew too well what 158 00:08:48,760 --> 00:08:50,400 Speaker 1: you mean. You were in denial and you had no 159 00:08:50,480 --> 00:08:54,199 Speaker 1: clue about what was happening to the economy. And then 160 00:08:54,200 --> 00:08:56,959 Speaker 1: the blame game, we'll blame, we'll blame the Republicans now, 161 00:08:56,960 --> 00:08:59,480 Speaker 1: as he did earlier this week, and then blaming Putin 162 00:08:59,520 --> 00:09:04,120 Speaker 1: and then blame the pandemic. And I'm blaming Trump and 163 00:09:04,240 --> 00:09:08,680 Speaker 1: blaming Fox News, and you know, Biden in June saying, look, 164 00:09:09,000 --> 00:09:11,720 Speaker 1: here's where we are. We have the fastest growing economy 165 00:09:11,760 --> 00:09:14,720 Speaker 1: in the world, the world, he said, just leading into 166 00:09:14,760 --> 00:09:18,880 Speaker 1: this recent disaster. Now it's worse today. I mean, this 167 00:09:18,920 --> 00:09:22,920 Speaker 1: report of eleven point three percent wholesale producer wholesale prices 168 00:09:23,000 --> 00:09:27,600 Speaker 1: ticking up is not good for anybody. They've been wrong 169 00:09:27,679 --> 00:09:32,160 Speaker 1: the entire time. Even Joe Mansion is blasting Biden for 170 00:09:32,240 --> 00:09:35,840 Speaker 1: continuing to fuel this inflation fire. He put out a statement, 171 00:09:36,640 --> 00:09:42,080 Speaker 1: you know, shooting down any notion of the Senate passing 172 00:09:42,120 --> 00:09:45,680 Speaker 1: additional stimulus funding, which in part caused all of this. 173 00:09:45,800 --> 00:09:49,160 Speaker 1: According to any economists that has any brain, and he said, 174 00:09:49,200 --> 00:09:53,120 Speaker 1: today's inflation data illustrates the pain families across the country 175 00:09:53,120 --> 00:09:56,400 Speaker 1: of feeling as costs continue to rise at a historic 176 00:09:56,559 --> 00:10:01,240 Speaker 1: rate and is caused for serious concern. He said, like chicken, eggs, 177 00:10:01,360 --> 00:10:05,120 Speaker 1: lunch meat have increased to new highs. Energy costs rose 178 00:10:05,200 --> 00:10:08,800 Speaker 1: more than forty percent in June, and those that can 179 00:10:08,960 --> 00:10:11,520 Speaker 1: least afford it are suffering the most. In other words, 180 00:10:11,520 --> 00:10:14,400 Speaker 1: Mansion got this nailed. He's right. He's been right from 181 00:10:14,440 --> 00:10:17,079 Speaker 1: the beginning, and he gets the crap beat at him 182 00:10:17,080 --> 00:10:20,320 Speaker 1: by the climate alarmist religious cult. So it's time to 183 00:10:20,360 --> 00:10:25,040 Speaker 1: work together to get unnecessary spending under control, produce more 184 00:10:25,240 --> 00:10:28,360 Speaker 1: energy at home, and take active and serious steps to 185 00:10:28,400 --> 00:10:32,160 Speaker 1: address record inflation that now poses a clear and present 186 00:10:32,240 --> 00:10:36,800 Speaker 1: danger to our economy. Yeah, and what a democrat. Democrats 187 00:10:36,800 --> 00:10:39,520 Speaker 1: are pushing for higher taxes for the middle of class 188 00:10:39,559 --> 00:10:44,440 Speaker 1: in this country, and they're pushing to use reconciliation. They 189 00:10:44,480 --> 00:10:48,000 Speaker 1: want more spending, which I thought the idea was that 190 00:10:48,040 --> 00:10:52,920 Speaker 1: the economy was overheated. Bonds are slumping, is inflation is surging, 191 00:10:53,480 --> 00:10:56,320 Speaker 1: and people now are betting on a hundred basis point 192 00:10:56,400 --> 00:10:59,480 Speaker 1: FED rate hike that'll happen before the end of the month. 193 00:10:59,559 --> 00:11:04,240 Speaker 1: Mark my words. Point seven five or full point. The 194 00:11:04,320 --> 00:11:12,160 Speaker 1: White House's assurances on inflation has sparked a backlash from 195 00:11:12,240 --> 00:11:15,360 Speaker 1: swing state Democrats that know that their political futures are 196 00:11:15,360 --> 00:11:18,560 Speaker 1: hanging in the balance because of this idiocy. You know, 197 00:11:18,640 --> 00:11:21,079 Speaker 1: we went over with Steve Moore yesterday on this program. 198 00:11:21,080 --> 00:11:23,560 Speaker 1: He was on TV last night fifteen page report that 199 00:11:23,640 --> 00:11:27,640 Speaker 1: he put together and his Committee to Unleashed Prosperity. John 200 00:11:27,679 --> 00:11:31,280 Speaker 1: Decker did it with him and not ready for primetime. 201 00:11:31,280 --> 00:11:35,760 Speaker 1: Players went through the majority of Biden appointees have zero 202 00:11:35,960 --> 00:11:40,439 Speaker 1: years of business experience, and they analyzed the background of 203 00:11:40,480 --> 00:11:43,679 Speaker 1: the top sixty eight officials in the Biden administration, starting 204 00:11:43,679 --> 00:11:48,320 Speaker 1: with the President himself, including the cabinet members, regulatory officials, 205 00:11:48,320 --> 00:11:53,080 Speaker 1: white House advisors, and their executive summary. What they determined was, 206 00:11:53,240 --> 00:11:56,360 Speaker 1: first and foremost, sixty two percent of Biden's top political 207 00:11:56,400 --> 00:12:01,280 Speaker 1: appointees and staffers who deal with economic policy regular Asian commerce, energy, 208 00:12:01,640 --> 00:12:05,520 Speaker 1: and finance have virtually no business experience. I mean, why 209 00:12:05,520 --> 00:12:07,560 Speaker 1: don't we just take kids out of grade school and 210 00:12:07,640 --> 00:12:10,360 Speaker 1: put them in charge? Because that's how stupid this all is, 211 00:12:10,760 --> 00:12:13,840 Speaker 1: and so much of it is preventable, just like the 212 00:12:13,920 --> 00:12:18,280 Speaker 1: border crisis preventable, just like the energy crisis, preventable if 213 00:12:18,280 --> 00:12:21,360 Speaker 1: you would have maintained the Trump the Trump policies on 214 00:12:21,400 --> 00:12:26,040 Speaker 1: both those issues. Inflation is erasing any wage gain and 215 00:12:26,240 --> 00:12:29,920 Speaker 1: people can't keep up, so now people are stuck. Oh 216 00:12:29,960 --> 00:12:32,880 Speaker 1: but gases down thirty cents, Hannity, you need, it's still 217 00:12:32,960 --> 00:12:36,480 Speaker 1: double what it was when they took office. And now 218 00:12:36,520 --> 00:12:40,360 Speaker 1: he's sucking up to Iran. He's trying to sell the Israelis. 219 00:12:41,040 --> 00:12:45,240 Speaker 1: He's trying to sell the Saudis on this idiotic deal 220 00:12:45,320 --> 00:12:49,320 Speaker 1: with Iran just so he can get Iranian energy, and 221 00:12:49,440 --> 00:12:54,000 Speaker 1: again completely ignoring the hundreds and hundreds of years of 222 00:12:54,200 --> 00:12:59,920 Speaker 1: resources we have domestically. We don't need Iran, we don't 223 00:13:00,160 --> 00:13:04,040 Speaker 1: ed OPEC, we don't need the crown prints of Saudi Arabia, 224 00:13:04,200 --> 00:13:08,680 Speaker 1: we don't need the murdering dictator thug in Venezuela. You know, 225 00:13:09,080 --> 00:13:12,720 Speaker 1: is it not one person besides Joe Mansion from West 226 00:13:12,800 --> 00:13:18,160 Speaker 1: Virginia that gets this good grief? These people are dumb. 227 00:13:19,360 --> 00:13:23,000 Speaker 1: It created the crisis, and they continue to double down 228 00:13:23,040 --> 00:13:27,480 Speaker 1: on their religious indoctrination, their cult indoctrination. All right, just 229 00:13:27,520 --> 00:13:30,240 Speaker 1: to put a fine point on where this is headed, 230 00:13:30,320 --> 00:13:32,320 Speaker 1: I forgot where I read this today. Somebody called it 231 00:13:32,360 --> 00:13:36,080 Speaker 1: the economic Canaria in the coal mine. This hasn't even 232 00:13:36,160 --> 00:13:40,280 Speaker 1: hit the housing market yet. I mean, well, in one 233 00:13:40,360 --> 00:13:44,559 Speaker 1: sense it has. I gave you the statistic that nationwide 234 00:13:44,720 --> 00:13:49,040 Speaker 1: in June, fourteen point nine percent of homes that went 235 00:13:49,160 --> 00:13:53,520 Speaker 1: under contract the contract agreements fell through. That's about sixty 236 00:13:53,640 --> 00:13:59,120 Speaker 1: thousand home purchases on average, which is a really high number. 237 00:13:59,120 --> 00:14:03,400 Speaker 1: The highest Harrison recently was when the pandemic hit in 238 00:14:04,040 --> 00:14:07,760 Speaker 1: March and April of twenty twenty, and there was allowed 239 00:14:07,800 --> 00:14:11,160 Speaker 1: so much uncertainty at the time. So now we're at 240 00:14:11,240 --> 00:14:14,920 Speaker 1: this point. What happens when the housing market gets hit 241 00:14:15,000 --> 00:14:17,360 Speaker 1: and gets hit hard? What's going to happen when we 242 00:14:17,360 --> 00:14:20,600 Speaker 1: get a point seven five increase, a basis point increase 243 00:14:20,760 --> 00:14:24,320 Speaker 1: or a full point basis point increase in interest rates 244 00:14:24,320 --> 00:14:26,520 Speaker 1: on top of all the other rate increases. What does 245 00:14:26,520 --> 00:14:31,200 Speaker 1: it mean for a thirty year mortgage? What six seven 246 00:14:31,240 --> 00:14:35,440 Speaker 1: percent thirty year average? We're headed probably to even eight percent, 247 00:14:35,760 --> 00:14:40,800 Speaker 1: probably even more. It means that new home construction is 248 00:14:40,880 --> 00:14:44,000 Speaker 1: going to stop dead in its tracks, with maybe a 249 00:14:44,040 --> 00:14:47,480 Speaker 1: few notable exceptions in states where people are migrating to, 250 00:14:47,640 --> 00:14:52,600 Speaker 1: like Florida, Tennessee, the Carolinas, It's you know, Texas, they 251 00:14:52,720 --> 00:14:55,360 Speaker 1: might there's going to be some exceptions. Then what's going 252 00:14:55,440 --> 00:14:58,960 Speaker 1: to happen to the sale of existing properties? That's going 253 00:14:59,000 --> 00:15:02,200 Speaker 1: to cause the come to a standstill? Also, now you 254 00:15:02,280 --> 00:15:05,080 Speaker 1: think people that have three percent thirty year mortgages are 255 00:15:05,120 --> 00:15:08,800 Speaker 1: going to sell their home and upgrade their home and 256 00:15:08,840 --> 00:15:11,720 Speaker 1: get a seven percent thirty year mortgage, which is going 257 00:15:11,760 --> 00:15:13,760 Speaker 1: to cost them thousands more every month, they're not going 258 00:15:13,840 --> 00:15:16,800 Speaker 1: to do it, So that's going to come to a standstill. 259 00:15:17,320 --> 00:15:19,520 Speaker 1: What's that gonna What is that going to do? On 260 00:15:19,560 --> 00:15:23,360 Speaker 1: top of everybody losing a fortune in their retirement funds, 261 00:15:23,360 --> 00:15:25,920 Speaker 1: they're four to one k is, iras, etc. Because the 262 00:15:25,960 --> 00:15:29,600 Speaker 1: stock market is tanked under Biden. All right, most people's 263 00:15:29,600 --> 00:15:32,520 Speaker 1: biggest investment is their home. So now when their home 264 00:15:32,600 --> 00:15:37,520 Speaker 1: values decrease, what happens to their net worth? It tanks? 265 00:15:37,960 --> 00:15:39,680 Speaker 1: All right, twenty five to the top of the hour. 266 00:15:39,760 --> 00:15:41,840 Speaker 1: Thank you for being with us, eight hundred and nine 267 00:15:41,880 --> 00:15:43,920 Speaker 1: four one Sean. You want to be a part of 268 00:15:43,960 --> 00:15:46,520 Speaker 1: the So I'm not trying to be the bearer of 269 00:15:46,560 --> 00:15:49,360 Speaker 1: bad news. I'm just giving you the truth to reality. 270 00:15:49,480 --> 00:15:55,400 Speaker 1: So you understand this is only the beginning. So the extent, 271 00:15:56,320 --> 00:15:58,600 Speaker 1: I'm not a financial advisor, just like I wasn't a 272 00:15:58,680 --> 00:16:01,200 Speaker 1: doctor during COVID, So I'm not given anybody any advice 273 00:16:01,240 --> 00:16:04,520 Speaker 1: here except its simple basic economics. You know, to the 274 00:16:04,560 --> 00:16:09,000 Speaker 1: extent you can find areas in your life to save money. 275 00:16:09,200 --> 00:16:12,160 Speaker 1: I would urge you strongly to dig in for the 276 00:16:12,240 --> 00:16:15,760 Speaker 1: long haul here. Now, Now, why my predicting is going 277 00:16:15,840 --> 00:16:18,640 Speaker 1: to be a long haul because it hasn't even really 278 00:16:18,680 --> 00:16:24,480 Speaker 1: touched the housing industry yet that that's gonna get clobbered. 279 00:16:24,760 --> 00:16:28,080 Speaker 1: It's inevitable, and the fact that people aren't talking about 280 00:16:28,120 --> 00:16:31,760 Speaker 1: it or anticipating it is a little bit shocking to 281 00:16:31,800 --> 00:16:35,200 Speaker 1: me because it's so obvious what's going to happen. You know. 282 00:16:35,240 --> 00:16:39,520 Speaker 1: I guess the administration's too worried about bogatas and calling 283 00:16:39,560 --> 00:16:44,840 Speaker 1: people tacos. But it's gonna it's going to get worse. 284 00:16:45,080 --> 00:16:49,760 Speaker 1: It's not going to get better. And on the other hand, 285 00:16:50,440 --> 00:16:53,040 Speaker 1: you know, to the extent you can do two things, 286 00:16:53,840 --> 00:16:57,200 Speaker 1: save in these places where you can save, you know, 287 00:16:57,480 --> 00:17:01,080 Speaker 1: and then on the other hand, you try and find 288 00:17:01,200 --> 00:17:04,280 Speaker 1: other sources of income, which is a really hard thing 289 00:17:04,320 --> 00:17:06,359 Speaker 1: to say to people, Linda, I think people take it 290 00:17:06,400 --> 00:17:09,720 Speaker 1: the wrong way. Just I'm speaking as somebody that struggled 291 00:17:10,440 --> 00:17:13,640 Speaker 1: and live paycheck to paycheck for years in my early 292 00:17:13,640 --> 00:17:17,280 Speaker 1: adult life. It wasn't fun, but I remember that mindset 293 00:17:17,320 --> 00:17:19,560 Speaker 1: has never left me, and you look for other ways 294 00:17:19,560 --> 00:17:21,479 Speaker 1: to make money. Now, at that point in my life, 295 00:17:21,880 --> 00:17:25,399 Speaker 1: I was responsible for myself and myself only, so I 296 00:17:25,520 --> 00:17:29,040 Speaker 1: just worked myself to death and that was kind of 297 00:17:29,160 --> 00:17:33,840 Speaker 1: my DNA. So that helped you have a family. It 298 00:17:33,840 --> 00:17:36,080 Speaker 1: gets a little tougher because you got to get your 299 00:17:36,119 --> 00:17:38,160 Speaker 1: kids off to school, you got you got a whole bunch, 300 00:17:38,240 --> 00:17:41,120 Speaker 1: you gotta a whole other list of priorities you gotta 301 00:17:41,160 --> 00:17:44,680 Speaker 1: deal with. So it gets it gets way more complicated. 302 00:17:45,480 --> 00:17:47,520 Speaker 1: Can I make a reference? Do you remember a very 303 00:17:47,520 --> 00:17:49,320 Speaker 1: good reference that you and I have talked about before? 304 00:17:49,400 --> 00:17:52,520 Speaker 1: And I just watched this again recently, But the movie 305 00:17:52,560 --> 00:17:55,800 Speaker 1: Cinderella Man, and he's giving the interview to all the 306 00:17:55,880 --> 00:17:58,840 Speaker 1: reporters and they asked him, you know what changed? What changed? 307 00:17:58,880 --> 00:18:00,520 Speaker 1: Why are you fighting so differently? He goes, well, I 308 00:18:00,520 --> 00:18:03,880 Speaker 1: know what I'm fighting for now. It's well wait, wait, wait, wait, milk, 309 00:18:04,160 --> 00:18:07,920 Speaker 1: that's right. And the unfortunately, I kind of feel like 310 00:18:07,960 --> 00:18:10,200 Speaker 1: that's where we're at, Like we're in a spot right 311 00:18:10,240 --> 00:18:14,040 Speaker 1: now where people are choosing to not eat to feed 312 00:18:14,040 --> 00:18:17,280 Speaker 1: their kids, to not buying all the little things, to 313 00:18:17,440 --> 00:18:20,320 Speaker 1: not going places. Like for Kamala Harris to say that 314 00:18:20,400 --> 00:18:23,320 Speaker 1: gas is down forty cents because it's something they did, 315 00:18:23,359 --> 00:18:25,920 Speaker 1: I'm like, no, it's supply and demand and people can't 316 00:18:25,920 --> 00:18:29,240 Speaker 1: afford it, so they're staying home, so the demand is lower. 317 00:18:29,760 --> 00:18:32,520 Speaker 1: That's all that's happening. But she doesn't understand basic economics. 318 00:18:32,520 --> 00:18:35,240 Speaker 1: So that's I mean, goes back to Steve Moore's report 319 00:18:35,240 --> 00:18:40,120 Speaker 1: from yesterday. Um and and that's all that I could 320 00:18:40,160 --> 00:18:42,080 Speaker 1: say to people. I mean, I wish I had I 321 00:18:42,080 --> 00:18:44,199 Speaker 1: wish I had other words to tell you that this 322 00:18:44,280 --> 00:18:47,080 Speaker 1: is going to end anytime soon. Listen. I'll be the 323 00:18:47,119 --> 00:18:50,640 Speaker 1: first to admit I hope I'm wrong. I hope this 324 00:18:50,680 --> 00:18:55,240 Speaker 1: isn't gonna be as deep. And they talk about soft landings. 325 00:18:55,320 --> 00:18:59,000 Speaker 1: I don't see a soft landing here. I don't see 326 00:18:59,000 --> 00:19:03,159 Speaker 1: it at all. I see nothing but radical policies. The 327 00:19:03,280 --> 00:19:06,080 Speaker 1: one thing they could do would be to return to 328 00:19:06,119 --> 00:19:10,199 Speaker 1: the Trump economic energy policies, and that's not on the table. 329 00:19:10,880 --> 00:19:12,920 Speaker 1: Which brings us to Joe Biden. By the way, his 330 00:19:13,000 --> 00:19:16,560 Speaker 1: chief of staff ron Klain, says, his fitness, his vigor 331 00:19:16,720 --> 00:19:21,440 Speaker 1: is beyond question. I don't know what is your bait. 332 00:19:21,760 --> 00:19:25,639 Speaker 1: What's the basis for that idiotic statement? We had Ronnie 333 00:19:25,720 --> 00:19:28,639 Speaker 1: Jackson on last night, this nasty email that's sent to 334 00:19:28,720 --> 00:19:32,240 Speaker 1: him by Obama? How dare he? It's beneath his office. 335 00:19:32,320 --> 00:19:35,320 Speaker 1: He took care of three presidents George W. Bush, Obama, 336 00:19:35,440 --> 00:19:38,040 Speaker 1: and Donald Trump, and he was the one that administered 337 00:19:38,080 --> 00:19:41,400 Speaker 1: the cognitive test that the mob and the media demanded 338 00:19:41,400 --> 00:19:43,640 Speaker 1: about Donald Trump. He can't be that smart. He must 339 00:19:43,640 --> 00:19:47,480 Speaker 1: be done. He aced the test. Where's the call for 340 00:19:47,560 --> 00:19:50,679 Speaker 1: the test for Joe Biden's cognitive abilities because he doesn't 341 00:19:50,760 --> 00:19:54,880 Speaker 1: have any. If you agree with me, go to Joe 342 00:19:54,560 --> 00:19:58,960 Speaker 1: three oh three three oh. Play the radio. Make sure 343 00:19:58,960 --> 00:20:02,199 Speaker 1: the television. Excuse me, make sure you have the record 344 00:20:02,200 --> 00:20:05,959 Speaker 1: player on at night. Make sure the kids hear words. 345 00:20:06,119 --> 00:20:09,880 Speaker 1: We truth, truth over where kids are just as bright 346 00:20:09,960 --> 00:20:12,360 Speaker 1: and just as tall as white kid Man and Hampshire 347 00:20:12,400 --> 00:20:15,040 Speaker 1: America have gone on the men, and they're on them. 348 00:20:15,040 --> 00:20:17,080 Speaker 1: They're not on the men any longer. They're on the move. 349 00:20:17,480 --> 00:20:21,560 Speaker 1: And I please sit down. I'm Jill's husband, and then 350 00:20:21,800 --> 00:20:25,520 Speaker 1: we Biden's and granted father Sander Duckworth introduced her to 351 00:20:25,520 --> 00:20:31,639 Speaker 1: a let on year old is a Vivian began, I'm sorry, 352 00:20:31,840 --> 00:20:34,119 Speaker 1: you mean a woman who just died the Secretary of 353 00:20:34,160 --> 00:20:35,879 Speaker 1: State and used to have an expressions. He said, we 354 00:20:35,920 --> 00:20:40,479 Speaker 1: are the essential nation. The first lady's husband contracting COVID. 355 00:20:40,560 --> 00:20:43,400 Speaker 1: But look at this room and what you want to see. 356 00:20:44,440 --> 00:20:57,680 Speaker 1: Pardon that's right, she's fine, not together. And by the way, 357 00:20:57,840 --> 00:21:04,160 Speaker 1: my sympathies to your family, any of your if your 358 00:21:04,280 --> 00:21:09,200 Speaker 1: CFO who dropped dead very unexpectedly, my best of their 359 00:21:09,240 --> 00:21:22,520 Speaker 1: family is tough, good grief. Political coverage, it looks some 360 00:21:22,600 --> 00:21:30,480 Speaker 1: of the political players and some of them. Let me 361 00:21:30,520 --> 00:21:39,720 Speaker 1: ask a rhetorical question. No, anyway, it's that bad. Senator 362 00:21:39,800 --> 00:21:42,240 Speaker 1: John Kennedy was on Hannody last night said Biden is 363 00:21:42,280 --> 00:21:45,520 Speaker 1: like an old buick. Someday he starts, the other day 364 00:21:45,560 --> 00:21:50,320 Speaker 1: he doesn't. I couldn't stop. I started laughing, and I'm 365 00:21:50,320 --> 00:21:52,399 Speaker 1: not supposed to laugh at this anymore. I don't know 366 00:21:52,400 --> 00:21:54,880 Speaker 1: whether it'll laugh. You have to, you have to where 367 00:21:54,880 --> 00:21:57,640 Speaker 1: you're getting burst into tears. I'm gonna have a show. 368 00:21:57,640 --> 00:22:00,000 Speaker 1: I'm gonna stroke out right here on this program, which 369 00:22:00,000 --> 00:22:03,720 Speaker 1: I know would make a lot of liberals really happy. Anyway, 370 00:22:04,160 --> 00:22:07,760 Speaker 1: so they make a big deal. You have Jake Sullivan 371 00:22:07,800 --> 00:22:11,960 Speaker 1: announcing Wednesday last week, maybe I guess it was this 372 00:22:12,520 --> 00:22:15,480 Speaker 1: past Wednesday. I apologize that the President is going to 373 00:22:15,520 --> 00:22:18,760 Speaker 1: avoid shaking hands during his forge day trip out of 374 00:22:18,800 --> 00:22:24,040 Speaker 1: an abundance of caution due to COVID nineteen. Anyway, so 375 00:22:24,560 --> 00:22:28,280 Speaker 1: he appears to abide by the policy when he arrived 376 00:22:28,280 --> 00:22:33,080 Speaker 1: in Israel, greeting the Israeli Prime minister and other officials 377 00:22:33,080 --> 00:22:37,080 Speaker 1: with fist pumps. But then Biden shook hands with former 378 00:22:37,119 --> 00:22:40,480 Speaker 1: Prime minister bb Net and Yahoo, who I think will 379 00:22:40,560 --> 00:22:43,320 Speaker 1: likely be Prime minister again if and God, we need 380 00:22:43,400 --> 00:22:46,080 Speaker 1: him back on the world stage more than ever. The 381 00:22:46,240 --> 00:22:51,720 Speaker 1: problem is is Biden's trip is really twofold. Here one 382 00:22:51,840 --> 00:22:55,000 Speaker 1: is when he goes to Saudi Arabia, he's gonna beg 383 00:22:55,080 --> 00:22:59,520 Speaker 1: them for oil. The only reason that Donald Trump was 384 00:22:59,600 --> 00:23:02,600 Speaker 1: able to pull off something that he'll never get credit for, 385 00:23:02,800 --> 00:23:07,000 Speaker 1: which was an alliance that I would never have predicted 386 00:23:07,160 --> 00:23:11,840 Speaker 1: could happen, and that was the United States, Israel, the Saudis, 387 00:23:12,320 --> 00:23:18,720 Speaker 1: the Emirates, the Jordanians, the Egyptians, was all against Iranian hegemony. 388 00:23:18,800 --> 00:23:21,560 Speaker 1: You know, because you know, Donald Trump back right out 389 00:23:21,600 --> 00:23:25,200 Speaker 1: of this idiotic, stupid deal with Iran. Remember that that 390 00:23:25,280 --> 00:23:28,600 Speaker 1: deal gave them you know how many billions of dollars 391 00:23:28,600 --> 00:23:33,080 Speaker 1: in cash and other currency, and they had they'd never 392 00:23:33,119 --> 00:23:38,680 Speaker 1: got inspections any place anytime, No US inspectors at all. 393 00:23:38,880 --> 00:23:42,639 Speaker 1: They continue to enrich their uranium. They never abide by 394 00:23:42,640 --> 00:23:46,600 Speaker 1: any agreement. And the agreement would have expired in what 395 00:23:46,680 --> 00:23:50,360 Speaker 1: twenty twenty five and allowed the Iranians to then continue 396 00:23:50,400 --> 00:23:53,840 Speaker 1: to pursue nuclear weapons. You can't have a nuclear armed Duran. 397 00:23:54,520 --> 00:23:59,840 Speaker 1: You can't marry that radical ideology with weapons as powerful 398 00:24:00,119 --> 00:24:03,520 Speaker 1: as nuclear weapons. If you do, you know, their promise, 399 00:24:03,600 --> 00:24:05,919 Speaker 1: their threats that are never ending to wipe Israel and 400 00:24:05,960 --> 00:24:09,600 Speaker 1: the United States off the map could be real anyway. 401 00:24:09,680 --> 00:24:16,000 Speaker 1: So he, you know, Joe Biden addresses the controversy with Iran. 402 00:24:16,119 --> 00:24:20,080 Speaker 1: He's there to convince Israel, and he's there to convince 403 00:24:20,119 --> 00:24:24,520 Speaker 1: the Saudis that his stupid Iranian deal, which again is 404 00:24:24,560 --> 00:24:28,600 Speaker 1: all rooted in his desire to get energy from Iran, 405 00:24:28,880 --> 00:24:32,600 Speaker 1: and now it's even being supported by the idiotic you 406 00:24:32,640 --> 00:24:37,639 Speaker 1: know NATO countries, Western European countries that were stupid the 407 00:24:37,720 --> 00:24:41,199 Speaker 1: first time by getting all of their energy capitulating to 408 00:24:41,240 --> 00:24:45,720 Speaker 1: their own climate alarmist religious cult members and giving up 409 00:24:45,760 --> 00:24:49,040 Speaker 1: all their energy independence. You know, they're now trying to 410 00:24:49,080 --> 00:24:54,199 Speaker 1: fire back up these these old coal burning electrical grid 411 00:24:55,160 --> 00:24:59,280 Speaker 1: grids that have been in mofthball for years because Vladimir 412 00:24:59,320 --> 00:25:02,000 Speaker 1: Putin turned the picket. So they gave a hostile actor, 413 00:25:02,040 --> 00:25:05,200 Speaker 1: a hostile regime, all power and got him rich as hell. 414 00:25:05,600 --> 00:25:09,040 Speaker 1: And they were reliant on foreign sources of the lifeblood 415 00:25:09,080 --> 00:25:12,840 Speaker 1: of their economy, especially Germany, and Trump warned everybody. Nobody 416 00:25:12,920 --> 00:25:16,760 Speaker 1: listened to Trump anyway. So Biden is there defending this 417 00:25:17,000 --> 00:25:21,119 Speaker 1: Iranian deal, which we're told would open up not only 418 00:25:21,560 --> 00:25:24,680 Speaker 1: tens of billions of dollars in sanction moneys that are 419 00:25:24,680 --> 00:25:28,760 Speaker 1: frozen to the Iranian mulas, but would also then open 420 00:25:28,880 --> 00:25:33,720 Speaker 1: up the ability of the Iranians. We would buy their oil, 421 00:25:34,800 --> 00:25:38,080 Speaker 1: Western Europe would buy their oil, and then we'd be 422 00:25:38,119 --> 00:25:41,440 Speaker 1: dependent on those people, the mulas that Iran Let's to 423 00:25:41,520 --> 00:25:43,879 Speaker 1: be clear, the very people that threatened to wipe us 424 00:25:43,920 --> 00:25:47,159 Speaker 1: off the map and wipe Israel off the map, the 425 00:25:47,320 --> 00:25:49,800 Speaker 1: number one state sponsor of terror. We're going to do 426 00:25:49,840 --> 00:25:52,760 Speaker 1: a deal with them. And the saudiast You know what, 427 00:25:52,920 --> 00:25:55,560 Speaker 1: I've never trusted the Saudias. I would look. I know 428 00:25:55,600 --> 00:25:58,480 Speaker 1: this big golf thing that Saudi Arabia is a big 429 00:25:58,520 --> 00:26:01,040 Speaker 1: deal to everybody. I could care less what golfers decided 430 00:26:01,040 --> 00:26:04,600 Speaker 1: to do. That's between them and their conscience. I don't 431 00:26:04,640 --> 00:26:08,040 Speaker 1: want anything to do with Saudi Arabia. You know a 432 00:26:08,080 --> 00:26:12,200 Speaker 1: country that oppresses women. You know, gays and lesbians are 433 00:26:12,240 --> 00:26:16,920 Speaker 1: often killed for who they are. Women up until recently 434 00:26:16,960 --> 00:26:19,520 Speaker 1: couldn't drive, they're told what to wear, they're told when 435 00:26:19,560 --> 00:26:21,280 Speaker 1: they can go out in public, who they have to 436 00:26:21,320 --> 00:26:24,960 Speaker 1: be with when they're out in public. It's insane. And 437 00:26:25,280 --> 00:26:28,440 Speaker 1: you know they talk about human rights abuses. So that's 438 00:26:28,480 --> 00:26:31,639 Speaker 1: what Joe is there for, begging for oil and begging 439 00:26:31,680 --> 00:26:35,359 Speaker 1: them to see the wisdom behind his deal with Iran. 440 00:26:36,280 --> 00:26:39,879 Speaker 1: And it's just so shortsighted, dumb and stupid. I can't 441 00:26:39,920 --> 00:26:42,320 Speaker 1: believe you'd want to do business with the devil. You 442 00:26:42,400 --> 00:26:45,720 Speaker 1: don't do business with the states number one state sponsor 443 00:26:45,760 --> 00:26:51,440 Speaker 1: of terror that threatens you constantly. Why would you put 444 00:26:51,480 --> 00:26:54,600 Speaker 1: your reliance on them. This goes to the heart of 445 00:26:54,640 --> 00:26:57,600 Speaker 1: everything that's wrong with the Biden administration. So much of 446 00:26:57,640 --> 00:27:02,600 Speaker 1: it is rooted in the climate alarmist religious cult because 447 00:27:02,640 --> 00:27:07,520 Speaker 1: somehow they've convinced themselves that we can't produce our energy 448 00:27:07,600 --> 00:27:10,119 Speaker 1: needs domestically, and they lie and they say, oh, no, 449 00:27:10,119 --> 00:27:14,080 Speaker 1: we're producing it all domestically. No, they're not. I've talked 450 00:27:14,119 --> 00:27:18,639 Speaker 1: to the leaders of the people in the gas industry, 451 00:27:18,680 --> 00:27:21,440 Speaker 1: oil industry. They're all telling me the same thing. They've 452 00:27:21,480 --> 00:27:27,280 Speaker 1: taken away every possible venue for them to increase output 453 00:27:27,359 --> 00:27:31,160 Speaker 1: and production of oil and gas in this country. We 454 00:27:31,200 --> 00:27:34,560 Speaker 1: wore energy independent, we wore a net exporter of energy. 455 00:27:34,640 --> 00:27:37,040 Speaker 1: We are now And I hear these liberals and they're 456 00:27:37,040 --> 00:27:39,320 Speaker 1: out there, you just repeat the line, No we still aret, 457 00:27:39,359 --> 00:27:45,199 Speaker 1: No we're not. He artificially reduced the world supply and 458 00:27:45,320 --> 00:27:48,760 Speaker 1: the idea that we're now somehow they've convinced themselves they 459 00:27:48,760 --> 00:27:52,520 Speaker 1: because remember this was all to protect Mother Earth and 460 00:27:52,880 --> 00:27:56,400 Speaker 1: the environment. As if it makes a difference if you 461 00:27:56,920 --> 00:28:02,879 Speaker 1: extract a barrel of oil from Russia, Iran, this, Saudi Arabia, 462 00:28:03,280 --> 00:28:07,160 Speaker 1: other OPEC nations of Venezuela, or produce it domestically. We're 463 00:28:07,160 --> 00:28:12,040 Speaker 1: gonna do it faster, cheaper and cleaner than any of 464 00:28:12,040 --> 00:28:15,640 Speaker 1: these other countries. So why don't we do it here now? 465 00:28:15,800 --> 00:28:21,639 Speaker 1: If they come up with some incredible new energy that's clean, 466 00:28:21,880 --> 00:28:25,840 Speaker 1: that's cheap and affordable, that will transform the world, I'm 467 00:28:25,840 --> 00:28:29,000 Speaker 1: not against it. I'm all for it. Whoever comes up 468 00:28:29,040 --> 00:28:31,280 Speaker 1: with it, it's going to be, you know, a multi 469 00:28:31,359 --> 00:28:35,240 Speaker 1: trillionaire at that point. It has the potential to transform 470 00:28:35,320 --> 00:28:38,720 Speaker 1: the world. But we're not there yet. That's the problem. 471 00:28:40,320 --> 00:28:43,720 Speaker 1: By the way, Professor Allen Dershowitz just thenews dot Com, 472 00:28:44,400 --> 00:28:48,480 Speaker 1: another top legal experts blasting Biden's Justice Department over their 473 00:28:48,480 --> 00:28:52,400 Speaker 1: strong arm tactics that they're employing against Trump supporters that 474 00:28:52,480 --> 00:28:56,080 Speaker 1: dare to criticize the White House, the FBI Justice Department 475 00:28:56,160 --> 00:29:01,000 Speaker 1: or violating civil liberties using brutish tactics during politically motivated, 476 00:29:01,080 --> 00:29:06,080 Speaker 1: highly politicized raids arrests of critics of dividen administration. These 477 00:29:06,160 --> 00:29:09,920 Speaker 1: displays of force, some observers have claimed or unnecessary design 478 00:29:09,960 --> 00:29:13,960 Speaker 1: to humiliate those arrested intimidate. Others appear to have one 479 00:29:14,360 --> 00:29:18,440 Speaker 1: thing in common. The person of interest supported Donald Trump quote. 480 00:29:18,760 --> 00:29:21,760 Speaker 1: Law enforcement seems to be using arrest tactics on Trump 481 00:29:21,840 --> 00:29:26,280 Speaker 1: supporters that are generally reserved for violent and or fleeing suspects. 482 00:29:26,320 --> 00:29:30,480 Speaker 1: Professor Alan Dershowitz. They do not seem justified in most 483 00:29:30,480 --> 00:29:33,440 Speaker 1: of these cases. And he's right, And why are we 484 00:29:33,560 --> 00:29:36,400 Speaker 1: enforcing the laws now? Maryland's announced that they're going to 485 00:29:36,520 --> 00:29:41,480 Speaker 1: arrest Supreme Court Justice presidential protesters, but only if they 486 00:29:41,560 --> 00:29:43,440 Speaker 1: disturb the peace. They're not going to be allowed to 487 00:29:43,520 --> 00:29:48,160 Speaker 1: use bullhorns or drums or any loud behavior. Linda, what 488 00:29:48,160 --> 00:29:52,120 Speaker 1: are you saying? You might hear you're talking to me. Okay, 489 00:29:52,320 --> 00:29:56,000 Speaker 1: hang on one second, this is urgent. Blah blah blah 490 00:29:56,040 --> 00:30:06,120 Speaker 1: blah blah blah. Let's see da da da da. Oh No, Okay, 491 00:30:07,560 --> 00:30:13,360 Speaker 1: Donald Trump's first wife, Avannah Trump, has passed away. We're 492 00:30:13,440 --> 00:30:18,560 Speaker 1: sure this is yeah, We're sure, you're sure. Seventy three 493 00:30:18,600 --> 00:30:24,640 Speaker 1: years old. That's Don Junior, Eric and Ivanka's mom. Anyway, 494 00:30:24,680 --> 00:30:29,680 Speaker 1: Apparently the incident reported twelve thirty today emergency Services. She 495 00:30:29,840 --> 00:30:32,480 Speaker 1: was in New York City at the time. Paramedics arrived, 496 00:30:33,160 --> 00:30:39,480 Speaker 1: later pronounced dead. Wow. I'm very saddened to inform all 497 00:30:39,520 --> 00:30:42,520 Speaker 1: those that loved her, of which there are many, that 498 00:30:42,600 --> 00:30:46,720 Speaker 1: Avannah Trump has passed away and at her home in 499 00:30:46,720 --> 00:30:49,960 Speaker 1: New York City. The former president said she was a wonderful, beautiful, 500 00:30:50,040 --> 00:30:53,120 Speaker 1: amazing woman who led a great inspirational life. He added 501 00:30:53,160 --> 00:30:56,680 Speaker 1: her pride and joy were her three children, Don Junior, 502 00:30:56,680 --> 00:31:00,400 Speaker 1: Ivanka and Eric. She was so proud of them, as 503 00:31:00,440 --> 00:31:03,600 Speaker 1: were as we were also proud of our arrest and 504 00:31:03,680 --> 00:31:09,360 Speaker 1: peace to honor. Oh boy, I hate sadness. Let's continue 505 00:31:09,480 --> 00:31:12,080 Speaker 1: a lot about the economy. This is where our friends 506 00:31:12,080 --> 00:31:15,360 Speaker 1: at American Financing dot net come in. Look, they're gonna 507 00:31:15,360 --> 00:31:18,160 Speaker 1: look at your entire economic picture. They're gonna look at 508 00:31:18,200 --> 00:31:21,600 Speaker 1: your mortgage. They're gonna look at whether you can read finance, etc. Etc. 509 00:31:21,880 --> 00:31:24,240 Speaker 1: And the great thing is they'll look at debt consolidation 510 00:31:24,360 --> 00:31:27,800 Speaker 1: potential with your mortgage. They'll look at your entire financial picture. 511 00:31:28,200 --> 00:31:29,920 Speaker 1: And all you have to do is give them a call, 512 00:31:30,240 --> 00:31:33,280 Speaker 1: check in with their their financial professionals. They'll give you 513 00:31:33,280 --> 00:31:38,920 Speaker 1: a free mortgage, financial and debt consolidation review and tell 514 00:31:38,920 --> 00:31:40,800 Speaker 1: you how much you might be able to save every month, 515 00:31:41,160 --> 00:31:43,920 Speaker 1: maybe hundreds, maybe thousands of dollars, maybe over the course 516 00:31:43,920 --> 00:31:47,320 Speaker 1: of your loan, maybe tens of thousands, maybe hundreds of 517 00:31:47,360 --> 00:31:50,840 Speaker 1: thousands of dollars. And do it now before interest rates 518 00:31:50,920 --> 00:31:53,240 Speaker 1: keep going up. We're going to get another rate increase 519 00:31:53,280 --> 00:31:56,160 Speaker 1: in the next week or two. Anyway, call them now. 520 00:31:56,200 --> 00:31:59,760 Speaker 1: It's toll free and it's absolutely no obligation whatsoever. Eight 521 00:32:00,120 --> 00:32:03,160 Speaker 1: six six one five ninety two hundred eighty six six 522 00:32:03,240 --> 00:32:05,440 Speaker 1: six one five ninety two hundred. On the web, it's 523 00:32:05,480 --> 00:32:08,720 Speaker 1: American Financing dot net. All right, we're gonna shoot it 524 00:32:08,720 --> 00:32:11,240 Speaker 1: out with Austin Goulsby on the economy. I don't know 525 00:32:11,280 --> 00:32:12,800 Speaker 1: how he's going to spin his way out of this one. 526 00:32:12,840 --> 00:32:15,120 Speaker 1: He's gonna try, though. We'll get to that a lot 527 00:32:15,120 --> 00:32:16,960 Speaker 1: of your calls coming up eight hundred and nine four 528 00:32:17,040 --> 00:32:18,400 Speaker 1: one Sean if you want to be a part of 529 00:32:18,400 --> 00:32:20,600 Speaker 1: our program as we continue