WEBVTT - Suffering Socialism's Horrors 0:00:10.840 --> 0:00:17.440 You are entering the Freedom Hudge, massive protests in France 0:00:17.520 --> 0:00:21.800 that look to put some difficulties into enacting the green 0:00:21.960 --> 0:00:24.959 agenda of President Matt Kron. What does this tell us 0:00:25.000 --> 0:00:29.560 about big government and environmentalist whackos here at home and 0:00:29.680 --> 0:00:32.640 the rise of socialist among the Democrats. We'll talk about 0:00:32.680 --> 0:00:34.680 that a much more coming up on the Buck Sexton Show. 0:00:35.080 --> 0:00:38.720 This is the Buck Sexton Show, where the mission or 0:00:38.800 --> 0:00:42.960 mission is to decode what really matters with actionable intelligence, 0:00:43.560 --> 0:00:48.680 What magnor mistake American? You're a great American? Again, the 0:00:48.880 --> 0:01:34.520 Buck Sexton Show begins. Analysts, remember no, welcome to the 0:01:34.520 --> 0:01:39.440 Buck Sexton Show. Hundreds of thousands of protesters weeks now 0:01:39.600 --> 0:01:43.880 of this in France, and you might be saying, well, Buck, 0:01:43.920 --> 0:01:46.080 what does France have to teach us about anything? We'll 0:01:46.120 --> 0:01:47.560 let me tell you a few things. One if France, 0:01:47.600 --> 0:01:51.960 as you know, is more of a democratic socialist country 0:01:51.960 --> 0:01:54.800 than we are, though not that much more to the French. 0:01:55.320 --> 0:01:58.080 The Europeans in general, but also the French in particular, 0:01:58.240 --> 0:02:02.400 are very into their social welfare state and their benefits 0:02:02.400 --> 0:02:09.120 and their government interventions. And also the green movements. Remember 0:02:09.120 --> 0:02:13.079 it is the Paris Climate Accords that President Obama was 0:02:13.120 --> 0:02:16.240 so very, very proud of. It is the French and 0:02:16.320 --> 0:02:18.200 the Europeans who were said to be leading the way 0:02:18.200 --> 0:02:23.320 on the environment. Well, it's a very important lesson as 0:02:23.880 --> 0:02:27.800 these protesters are battling an out with French police on 0:02:27.840 --> 0:02:30.360 the streets of major cities across that whole country. And 0:02:30.360 --> 0:02:37.240 the lesson is summarized as follows. When people who are 0:02:37.280 --> 0:02:42.040 having a hard enough time paying their bills are told 0:02:42.120 --> 0:02:46.280 that they're going to have to pay even more for 0:02:46.520 --> 0:02:49.919 gas and yes, other goods that are made with or 0:02:50.000 --> 0:02:57.080 transported with gas with oil because of the need to 0:02:57.200 --> 0:03:02.440 fight climate change, those people tend to get pretty annoyed. 0:03:04.520 --> 0:03:07.080 And that's what's happening right now in France. The way 0:03:07.120 --> 0:03:12.080 the media is reporting on this is just classic, instead 0:03:12.120 --> 0:03:16.560 of making it clear to your casual observer that this 0:03:16.680 --> 0:03:24.720 is really a reaction to the ineffectual bureaucraticism of Emmanuel Makran, 0:03:25.560 --> 0:03:31.040 who was the centrist left favorite candidate of the elites 0:03:31.040 --> 0:03:35.040 and of the establishment in the most recent election. This 0:03:35.160 --> 0:03:40.960 is somebody who is supposed to be a political tacticians, 0:03:40.960 --> 0:03:44.160 supposed to understand markets, supposed to know how to engage 0:03:44.160 --> 0:03:46.640 in good governance. This is what the state is so 0:03:46.680 --> 0:03:49.520 always say they want they want someone who is calm, 0:03:49.600 --> 0:03:54.880 cool and collected, has the right views and understands systems 0:03:54.920 --> 0:03:58.400 and bureaucracies well enough to implement them. It's really the 0:03:58.640 --> 0:04:02.840 progressive dream in this country, mc kroll. It's kind of 0:04:02.880 --> 0:04:05.800 like Beato, except mc crals actually had to earn a living. 0:04:05.840 --> 0:04:09.200 From what I understand, Beato just got to marry a billionaire. 0:04:09.240 --> 0:04:12.560 That's a fun job. I should I should try that 0:04:12.640 --> 0:04:16.760 job that I'm going to marry a billionaire routine. Nonetheless, 0:04:18.240 --> 0:04:22.400 you have these yellow jackets, no relation to the bees. 0:04:22.560 --> 0:04:25.880 It is because they are in fact wearing these high 0:04:25.960 --> 0:04:30.320 visibility jackets as a symbol of their of their protests 0:04:30.320 --> 0:04:32.440 in France. And they're running around and they're very upset, 0:04:32.480 --> 0:04:41.200 and they're upset because mac kroll, in his infinite wisdom sarcasm, 0:04:41.440 --> 0:04:44.159 has raised the price of a gas producer. Mike, what 0:04:44.279 --> 0:04:46.240 is it now? You said right before we came on, 0:04:48.080 --> 0:04:52.279 seven dollars seven dollars a gallon? Right now in the 0:04:52.400 --> 0:04:55.200 US there are a number of states with gas stations 0:04:55.279 --> 0:04:57.240 with at least one gas station. Heard this today on 0:04:57.279 --> 0:05:01.159 Fox Business. I think you're at under under two dollars 0:05:01.160 --> 0:05:04.440 a gallon. You're paying seven dollars a gallon for gas 0:05:04.440 --> 0:05:07.200 in France and they just added a thirty cent per 0:05:07.240 --> 0:05:10.920 gallon climate change fighting tax. And then there's a fight, 0:05:10.920 --> 0:05:13.920 as this always happens, right, they take the money and 0:05:14.000 --> 0:05:18.120 just parallel all the things I'm talking about. The Democrats 0:05:18.120 --> 0:05:22.279 in this country are basically the French political establishment in 0:05:22.320 --> 0:05:26.920 their own country. Right. The Democrats here mirror image everything 0:05:26.960 --> 0:05:33.120 that the French political establishment wants that the European elites won. 0:05:33.240 --> 0:05:36.440 In fact, democrats in this country often point to countries 0:05:36.800 --> 0:05:40.479 like France but more soda, Denmark and Sweden with their 0:05:40.520 --> 0:05:44.279 massive social welfare state, their tremendous government intervention in the markets. 0:05:44.279 --> 0:05:47.320 They see, we could do it like them. And this 0:05:47.400 --> 0:05:49.880 is always the response to look at Venezuela, it's a 0:05:49.960 --> 0:05:54.400 socialist hellscape. Now they say, well look at ten market. 0:05:54.440 --> 0:05:56.119 I say, okay, well, let's let's look at these places. 0:05:56.320 --> 0:05:59.760 Let's look at what's going on in France and sure 0:06:00.040 --> 0:06:05.000 off on the issue of climate change. People who are 0:06:05.040 --> 0:06:07.880 having a hard time don't want to be told they 0:06:07.880 --> 0:06:09.640 have to pay more money in a way that's really 0:06:09.680 --> 0:06:11.320 going to affect them. It's really money out of their 0:06:11.320 --> 0:06:17.800 pocket because there's a need to fight climate change. This 0:06:17.880 --> 0:06:19.880 climate change thing really is some kind of a mental 0:06:19.920 --> 0:06:24.559 illness at this point. I the fight climate change, how why? 0:06:26.160 --> 0:06:29.080 Because we're going to stop the temperature from being raised 0:06:29.120 --> 0:06:31.719 one degree or two in a hundred years. Does anybody 0:06:31.760 --> 0:06:37.760 really think the different technologies we use today for energy 0:06:37.760 --> 0:06:39.560 are going to be the same in twenty years, in 0:06:39.600 --> 0:06:43.880 five years. Does anyone really think that there's a human 0:06:43.920 --> 0:06:48.279 being alive today who knows what a modern economy looks like, 0:06:48.560 --> 0:06:51.920 how it functions, what it's right. Think back, I think 0:06:51.920 --> 0:06:54.720 back seventy years from where we are right now, and 0:06:54.760 --> 0:07:00.400 then look seventy years in the future. I don't think 0:07:00.400 --> 0:07:03.640 anybody could have imagined if if they were to go 0:07:03.720 --> 0:07:08.720 back to nineteen fifty, that I'd be sitting here talking 0:07:08.760 --> 0:07:12.520 to you while I have, you know, a computer. I 0:07:12.520 --> 0:07:15.160 have two computers, one on my desk, one in my hand, 0:07:15.200 --> 0:07:19.200 my phone, both of which are more powerful. Either which 0:07:19.240 --> 0:07:21.480 more powerful than all the computing power of the entire 0:07:21.600 --> 0:07:25.280 modern world. Right, I mean, you know that's we have 0:07:25.400 --> 0:07:27.440 changed so dramatically. Mean this idea they can project in 0:07:27.480 --> 0:07:29.520 the future. This is why that climate change report that 0:07:29.560 --> 0:07:32.920 came out last week or the week before it was 0:07:33.000 --> 0:07:36.000 just such nonsense. It's look at the most dire prediction possible, 0:07:36.040 --> 0:07:39.640 look seventy years out in the future, and and then 0:07:39.680 --> 0:07:41.360 tell us that we need to change our lives now. No, 0:07:41.440 --> 0:07:44.840 and the French have had enough. They're they're up at 0:07:44.920 --> 0:07:48.160 arms about this, and some of these protests got really nasty. 0:07:48.200 --> 0:07:49.960 Mean now there's there's footage you can see it. It's 0:07:50.000 --> 0:07:53.440 tear gas and there protests are getting beat with batons. 0:07:53.480 --> 0:07:55.400 I mean, they're really going after the cops. Some woman 0:07:55.520 --> 0:07:57.840 was an elderly woman was killed. You actually got hit 0:07:57.880 --> 0:08:00.920 by a tear gas canister in her home. But you know, 0:08:00.920 --> 0:08:04.240 these protests are ugly, and there's they're vandalizing the Arc 0:08:04.360 --> 0:08:07.720 de Triomphe, you know, up there with the Eiffel Towers, 0:08:07.760 --> 0:08:10.120 the most famous and visible symbols of all of France. 0:08:10.120 --> 0:08:14.240 I mean, this is really combustible stuff there. And do 0:08:14.280 --> 0:08:18.040 you know who's the most upset by this? I mean, 0:08:18.160 --> 0:08:20.400 do you know who's at the core of the so 0:08:20.520 --> 0:08:26.560 called yellow jacket movement in France? People who don't make 0:08:26.640 --> 0:08:31.080 so little that they qualify for government assistance, but don't 0:08:31.080 --> 0:08:36.959 make enough that they can pay their bills. Kind of 0:08:37.000 --> 0:08:39.080 reminds you of the people that don't like Obamacare in 0:08:39.120 --> 0:08:41.440 this country, right, not enough that you get free stuff 0:08:41.440 --> 0:08:44.040 for subsidies you know you got you've got too much 0:08:44.080 --> 0:08:48.240 money for that, but not enough that you can comfortably 0:08:48.240 --> 0:08:50.680 pay your bills and be independent, even though you're working, 0:08:50.720 --> 0:08:54.200 even though you're producing, even though you're being a productive 0:08:54.200 --> 0:08:59.079 member of society. You know, the government can make things 0:08:59.240 --> 0:09:03.719 just too hard. The government is not always helpful. In fact, 0:09:03.760 --> 0:09:07.280 that government is generally unhelpful when it comes to you 0:09:07.400 --> 0:09:09.600 paying your bills. The government wants to take from you. 0:09:09.640 --> 0:09:13.200 It is not assisting you in paying your bills. And 0:09:13.280 --> 0:09:17.160 the French people know this, and you know this is 0:09:17.200 --> 0:09:20.200 the group. Also, I would note that in a in 0:09:20.280 --> 0:09:24.840 a social socialist democrat or democrat socialist, all the same 0:09:24.880 --> 0:09:30.440 crap state, the people that really suffer the most are 0:09:30.440 --> 0:09:34.840 those who are struggling but working. They're the ones who 0:09:34.880 --> 0:09:38.959 really suffer. And you see this and with the Occasio 0:09:39.040 --> 0:09:45.040 Cortez and the Bernie Sanders just mythology. I mean, they're 0:09:45.080 --> 0:09:49.560 either so bad at math that they can't be very smart, 0:09:49.679 --> 0:09:51.800 or they're just kind of being cynical and really lying 0:09:51.840 --> 0:09:54.760 to all of us all the time. Because this idea 0:09:54.880 --> 0:10:00.520 that the numbers can work out. It's just flatly, simply 0:10:00.840 --> 0:10:06.560 not true. It is inaccurate to pretend that all you 0:10:06.559 --> 0:10:09.320 have to do is have the rich pay for the 0:10:09.440 --> 0:10:13.079 kinds of programs that people want in France to fight 0:10:13.200 --> 0:10:17.679 climate change, an issue that shouldn't even be under discussion. 0:10:17.760 --> 0:10:21.440 I mean, this is just nonsense. Fight climate change. You 0:10:21.480 --> 0:10:24.640 know that. You know that they push fighting climate change 0:10:24.800 --> 0:10:28.439 to justify the gas tax raise. And then the media 0:10:28.480 --> 0:10:31.320 in this country is saying, oh, that it's just because 0:10:31.360 --> 0:10:34.360 gas prices are going up, that's why they're riding. No, 0:10:34.760 --> 0:10:37.959 they're forcing. This is just like what Obama want to do. 0:10:38.000 --> 0:10:41.160 Remember you know electricity prices will skyrocket. That's what Obama said. 0:10:41.160 --> 0:10:43.599 This is what they want to do. This is destructive 0:10:44.520 --> 0:10:48.280 to productivity, This is destructive to wealth. But they think 0:10:48.360 --> 0:10:51.040 they're so smart they know better than you, whether it's 0:10:51.080 --> 0:10:56.040 Matt kran or Obama or Sanders or you name it, 0:10:56.120 --> 0:10:58.240 that the pain that you have to suffer and the 0:10:58.280 --> 0:11:01.600 private property that the state is appropriating from you, stealing 0:11:01.640 --> 0:11:04.600 from you, the theft that's occurring under the guise of 0:11:04.679 --> 0:11:09.080 combating an imaginary foe climate change that's going to melt 0:11:09.120 --> 0:11:16.400 the world, that upsets people, right, It upsets people when 0:11:16.400 --> 0:11:19.240 this happens, and that the theory that the people that 0:11:19.280 --> 0:11:22.760 are making these decisions are so smart, so much better 0:11:22.760 --> 0:11:24.080 than all the rest of us, that they know better, 0:11:24.080 --> 0:11:28.200 and that your suffering doesn't matter, Your pain at the 0:11:28.240 --> 0:11:30.360 pump for your gas or just trying to pay your 0:11:30.360 --> 0:11:32.800 bills doesn't really matter because they've got something bigger and 0:11:32.840 --> 0:11:36.360 better in mind. That is the root fallacy from which 0:11:36.400 --> 0:11:41.479 all the rest of socialism's misery grows. That collectivist impulse 0:11:42.200 --> 0:11:44.400 Oh okay, well this is gonna this is gonna harm 0:11:44.480 --> 0:11:46.760 some people, but it's gonna be better in the long run, 0:11:46.760 --> 0:11:52.760 and we know better, so we're just gonna do this thing. No, no, 0:11:53.000 --> 0:11:58.679 this is this is state intrusion into the market. This 0:11:58.760 --> 0:12:02.520 is the state involving self in ways that is just damaging. 0:12:02.559 --> 0:12:05.480 There's no offsetting gain here. This is not oh, we 0:12:05.520 --> 0:12:08.200 need taxes for a military. This is some of us 0:12:08.240 --> 0:12:11.440 have this idea and we want the people to fund it. 0:12:11.679 --> 0:12:14.600 And the elites don't really care about this, because you know, 0:12:14.640 --> 0:12:17.559 the real difference in society that you get from those 0:12:17.559 --> 0:12:21.080 who are working in those who are don't have to 0:12:21.120 --> 0:12:24.400 care about these democratic socialist policies are. You know, the 0:12:24.400 --> 0:12:26.360 people that a little more or a little less money 0:12:26.400 --> 0:12:28.920 doesn't really change their lifestyle. You know, their taxes go up, 0:12:28.920 --> 0:12:30.600 a little bit down a little bit doesn't affect them, 0:12:30.840 --> 0:12:33.000 versus people with taxes going up or down means they're 0:12:33.000 --> 0:12:35.640 going into debt or not. They can get that house 0:12:36.240 --> 0:12:39.960 payment down or not, they can send their kid maybe 0:12:40.000 --> 0:12:44.280 to school or not. I mean, it really matters. And 0:12:44.320 --> 0:12:47.120 so when you look at these protests in France, I 0:12:47.120 --> 0:12:51.000 mean it's it's I think a warning of what is 0:12:51.000 --> 0:12:53.040 to come in this country because when people start to 0:12:53.160 --> 0:12:59.800 understand what the real costs of these very appealing slogans. 0:13:00.240 --> 0:13:03.040 Remember Thomas Soul, the great part about socialism is that 0:13:03.040 --> 0:13:06.240 it sounds good. The bad part about socialism is that 0:13:06.280 --> 0:13:11.760 it doesn't freaking work. And in France, you know, they 0:13:12.240 --> 0:13:17.200 they tend now, they're tending toward bigger government, raising taxes, 0:13:17.240 --> 0:13:19.560 doing these things. And sure enough, you know people, Yeah, 0:13:19.600 --> 0:13:21.880 combatant climate chain sounds great until you actually have to 0:13:21.920 --> 0:13:23.720 pay some money in combatant Then you realize it's all 0:13:23.720 --> 0:13:25.319 a big joke. You don't want to do it anymore. 0:13:27.640 --> 0:13:30.840 So I understand the frustration of these yellow jacket protesters 0:13:30.920 --> 0:13:32.959 by the way, it's they're far left and far right, 0:13:33.000 --> 0:13:35.800 as I understand that they're represented in this. This is 0:13:35.840 --> 0:13:40.840 an uprising of everyday folks. This is an uprising of people, 0:13:41.720 --> 0:13:47.240 a political insurgency of people who recognize that the French 0:13:47.320 --> 0:13:50.800 state is messing up. They want mccron to stop, to 0:13:50.840 --> 0:13:55.480 step down. They're sick of this ineptitude on display from 0:13:55.520 --> 0:13:59.760 the government. The government isn't giving them, is making promises 0:13:59.760 --> 0:14:02.200 that it can't follow through on. People's taxes keep going up. 0:14:02.200 --> 0:14:06.240 The taxes people can keep going up. Their quality of 0:14:06.280 --> 0:14:08.560 life is going down, their expenses are going up all 0:14:08.600 --> 0:14:13.480 the time. You know, remember the current generation of youth 0:14:13.559 --> 0:14:16.520 activist types, you know, people in their twenties and their thirties. 0:14:16.559 --> 0:14:19.240 They're the ones who are just realizing, oh, the modern 0:14:19.360 --> 0:14:22.440 welfare state as we know it. Those bills are really 0:14:22.480 --> 0:14:27.200 just coming due ten twenty thirty years from now, and 0:14:27.320 --> 0:14:29.720 these states to meet their obligations are going to have 0:14:29.760 --> 0:14:33.840 a crushing tax burden on the youth. I hate to 0:14:33.880 --> 0:14:35.760 say it, but you know, like the boomers in this 0:14:35.840 --> 0:14:39.720 country of kind of looted the national treasury, and the 0:14:39.760 --> 0:14:41.720 future generations the ones that have to make up for 0:14:41.760 --> 0:14:45.000 the shortfall. That's just the truth. In the French and 0:14:45.000 --> 0:14:47.280 European states, they're realizing they've got the same problem that 0:14:47.400 --> 0:14:49.800 have enough young people working, that have enough people paying 0:14:49.840 --> 0:14:52.120 in and you can raise taxes and raise taxes, and 0:14:52.240 --> 0:14:55.520 they created this millionaire's tax was a disaster because they're 0:14:55.560 --> 0:15:02.520 really rich. People just leave this is there's there's something 0:15:02.600 --> 0:15:04.920 going on to you, there's something very troubling about this, 0:15:04.920 --> 0:15:07.680 this movement in France because it's also coming out of time, 0:15:07.840 --> 0:15:09.840 just like how they point to the rise of nationalism 0:15:09.840 --> 0:15:13.440 in Europe and Trump and you know, oh gosh, there's 0:15:13.480 --> 0:15:19.320 a correlation between this discontent and the recognition that the 0:15:19.400 --> 0:15:24.600 social democrat state in Europe is crumbling and also doesn't 0:15:24.600 --> 0:15:28.760 give people a sense of purpose and isn't culturally vibrant 0:15:28.880 --> 0:15:32.840 enough to sustain itself over the long term, especially with 0:15:33.360 --> 0:15:38.240 large amounts of immigration coming from very disparate cultures. There's 0:15:38.360 --> 0:15:40.440 echoes of what's going on here in this country with 0:15:40.520 --> 0:15:42.560 the rise of socialist movements. All right, I have to 0:15:42.720 --> 0:15:45.080 I've am passionate about this stuff. We'll get into more 0:15:45.080 --> 0:15:49.000 of this um and uh, you know, I just I 0:15:49.080 --> 0:15:52.960 find that so I apologize by other guys as you 0:15:52.960 --> 0:15:55.200 can tell them I'm coming down with a cold, so 0:15:55.280 --> 0:15:57.400 my voice is it's going to be a little to 0:15:57.400 --> 0:15:59.440 be a little sketchy during the show today, I'm trying 0:15:59.440 --> 0:16:02.400 to drink as much teas as they possibly can. But 0:16:02.560 --> 0:16:08.720 these these socialists in Europe versus the socialists here, they're 0:16:08.760 --> 0:16:10.560 going to have a very big problem to deal with them. 0:16:10.640 --> 0:16:16.640 That is, they're creating this sense of impending utopia, but 0:16:16.720 --> 0:16:18.320 they're telling me, they're not talking about how we're going 0:16:18.400 --> 0:16:21.640 to pay for this. And once, you know, once they 0:16:22.040 --> 0:16:24.640 if they get into powers they have in Europe as 0:16:24.640 --> 0:16:26.680 they have in France, if they get into power here, 0:16:26.960 --> 0:16:29.360 if in twenty twenty we have the rise of social 0:16:29.680 --> 0:16:35.200 socialist democrats in America and in a more open fashion, um, 0:16:36.400 --> 0:16:39.040 we're going to see a lot of discontent similar to 0:16:39.080 --> 0:16:41.560 what's happening on the streets of Paris and across France. 0:16:41.560 --> 0:16:44.080 Because we don't have the money to pay for this. 0:16:45.360 --> 0:16:46.920 We've got a lot more show comments. Stay with me. 0:16:47.400 --> 0:16:50.520 Are you concerned about your current email service, your privacy 0:16:50.520 --> 0:16:54.040 and protection? Then ipatriots dot us is for you. It's 0:16:54.040 --> 0:16:58.480 a new conservative alternative to liberal based email. 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At checkout and select your ipatriots email 0:17:36.960 --> 0:17:39.800 address and your promo code buck ten for ten percent 0:17:39.840 --> 0:17:43.640 savings during your first whole year of membership. Again ipatriots 0:17:43.960 --> 0:17:47.480 dot us promo code buck ten for ten percent off. 0:17:50.359 --> 0:17:53.680 The government takes everything from us. They steal from us. 0:17:53.760 --> 0:17:57.199 We have to pay for everything. We are overtext. We 0:17:57.280 --> 0:18:02.920 hope that the protests will change things. The rising cost 0:18:02.960 --> 0:18:05.359 of fuel is going to trigger a civil war, and 0:18:05.520 --> 0:18:09.200 I like amongst of the citizens we are already we're 0:18:09.200 --> 0:18:11.400 fed up with paying so much all the time. It's 0:18:11.440 --> 0:18:14.240 become the new normal. By paying so much, it's just 0:18:14.320 --> 0:18:18.919 not possible anymore, that's right, a bunch of French people, 0:18:19.520 --> 0:18:21.600 one hundreds of thousands. By the way, the support for this, 0:18:21.720 --> 0:18:23.680 just so you know that I'm not This isn't like 0:18:24.000 --> 0:18:27.440 some little small group of radicals. The support for these 0:18:27.520 --> 0:18:29.880 yellow vest protests that they've been able to measure via 0:18:29.920 --> 0:18:34.639 polling in France is like seventy to eighty so most 0:18:34.680 --> 0:18:38.360 of the country, a huge majority of the country supports this. 0:18:38.800 --> 0:18:41.159 They're saying, these guys are right, this is bull crap. 0:18:41.200 --> 0:18:43.640 What's going on? And you hear are these French people 0:18:43.640 --> 0:18:46.000 that any who are saying they're taxing is too much, 0:18:46.119 --> 0:18:50.560 They're taking too much of our stuff. Remember in this country, 0:18:51.119 --> 0:18:54.639 we started a revolution because the man was taking too 0:18:54.760 --> 0:18:56.720 much of our stuff. In fact, also the man had 0:18:57.560 --> 0:19:02.280 given a monopoly for the East India Company with tea. 0:19:02.480 --> 0:19:06.240 But the man was taking too much of our stuff, 0:19:06.280 --> 0:19:09.080 eating out our substance. I believe from the Declaration of 0:19:09.119 --> 0:19:12.480 Independence is the verbiage used. People don't like it when 0:19:12.480 --> 0:19:15.600 the state is getting too greedy, and the state in 0:19:15.640 --> 0:19:20.440 France isn't just getting greedy, it's delusional. You're gonna start 0:19:20.480 --> 0:19:24.800 taking people's money to fight climate change. This is like saying, Hey, 0:19:24.840 --> 0:19:27.959 I've got an idea. Let's have a forced collection of 0:19:28.000 --> 0:19:30.679 citizens where we take money from them and then we 0:19:30.760 --> 0:19:34.640 make a big bonfire and light it on fire. Yeah, 0:19:34.640 --> 0:19:36.720 that sounds like a great idea. That's what they're doing 0:19:36.760 --> 0:19:41.000 in France under the guy's a climate change. This movement 0:19:41.040 --> 0:19:46.080 has given rise to major demonstrations and also unacceptable violence. 0:19:48.280 --> 0:19:52.000 I have understanding for these fellow citizens, but I will 0:19:52.040 --> 0:19:55.520 not give anything to those who want destruction and disorder, 0:19:56.000 --> 0:19:58.800 because the republic is both public order and the free 0:19:58.800 --> 0:20:04.920 expression of opinions. It's not quite as a not quite 0:20:04.920 --> 0:20:07.800 as catchy when the translator, as I say, but that 0:20:07.880 --> 0:20:15.040 was Emmanuel Macron, Emmanuel Macron, who is saying, of course, 0:20:15.080 --> 0:20:16.760 you know, the violence is bad, but he has simply 0:20:16.800 --> 0:20:19.160 for the people, blah blah, all the things you would expect. 0:20:21.200 --> 0:20:24.720 This is what's happening, is that the the in the modern, 0:20:25.200 --> 0:20:29.919 the modern social democrat state, he's running into the issue 0:20:29.920 --> 0:20:32.960 of how do we pay for all this stuff? And 0:20:33.400 --> 0:20:36.920 how does unsustainable debt get handled? I mean, this is 0:20:36.920 --> 0:20:40.000 where you also have Occasio Cortez say, yeah, let's just 0:20:40.040 --> 0:20:42.719 spend thirty trillion dollars, want to make it one hundred trillion. 0:20:44.640 --> 0:20:47.960 The people that are pushing these policies don't understand what 0:20:48.880 --> 0:20:53.040 these kinds of numbers would do to the overall economy. 0:20:52.720 --> 0:20:56.080 They just don't have enough of an understanding of how 0:20:56.119 --> 0:20:59.680 this would affect the private sector, the pressures this would 0:20:59.720 --> 0:21:05.119 put on investment, on hiring, on innovation, on productivity, on 0:21:05.240 --> 0:21:07.880 doing stuff that people want. I mean that the basis 0:21:07.920 --> 0:21:11.879 of commerce. You know, there can be a level at 0:21:11.880 --> 0:21:15.919 which it is just simply too much, and we're quickly 0:21:16.000 --> 0:21:20.200 approaching that. But there is a really interesting piece and 0:21:20.560 --> 0:21:23.560 made me think of all this over the weekend, called 0:21:23.560 --> 0:21:27.679 the tax the rich delusion of the Democratic Left by 0:21:27.680 --> 0:21:30.760 this guy Brian reedal Ever, hear anyone left spell out 0:21:30.760 --> 0:21:32.520 exactly how they're going to pay for Medicare for all, 0:21:32.520 --> 0:21:35.199 free college and the rest didn't think so, And he 0:21:35.280 --> 0:21:37.919 just he just crunches the numbers. And it's not really 0:21:38.000 --> 0:21:43.120 that hard and exercise to do. And remember, you've got 0:21:44.320 --> 0:21:50.240 people rioting on the streets of major French cities, defacing 0:21:50.280 --> 0:21:52.920 the arc that we offen, squaring off in pitch street 0:21:52.960 --> 0:21:57.840 battles with riot police, and it's because of a raise 0:21:57.920 --> 0:22:03.480 in the gas tax. Now, and you have widespread national 0:22:03.560 --> 0:22:07.000 support for the people that are doing this right, I 0:22:07.040 --> 0:22:09.320 love in the media says raising gas prices. No, it's 0:22:09.320 --> 0:22:12.040 the government camelot, it's exactly. It's essentially a carbon tax, 0:22:12.800 --> 0:22:15.199 that's all it is. It's the French version of a 0:22:15.240 --> 0:22:18.480 carbon tax. It's okay, we don't like CO two in 0:22:18.520 --> 0:22:21.800 the air, so we're gonna tax it. You know, you 0:22:21.920 --> 0:22:23.720 tax more of it, you get less of it. That's 0:22:23.720 --> 0:22:27.120 the idea. It's it's a punitive tax for the environment. 0:22:27.119 --> 0:22:31.399 And people are already struggling and they're like the environment. Really, 0:22:31.960 --> 0:22:34.280 he's just gonna make everything more expensive so we can 0:22:34.320 --> 0:22:39.040 all what have you know, solar panels on our rooftops everywhere. 0:22:39.640 --> 0:22:41.880 Whenever I make jokes about solar those two with solar 0:22:41.920 --> 0:22:43.840 panels live in Arizona or something that always write me a 0:22:43.800 --> 0:22:45.760 a book. My solar panels are great. I'm sure they are. 0:22:45.760 --> 0:22:50.439 I'm just saying when you start to look at the numbers, 0:22:50.440 --> 0:22:57.359 here's here's what really comes into comes into stark relief 0:22:57.440 --> 0:23:00.320 right away. Here's what he writes. Quote, let's again with 0:23:00.359 --> 0:23:02.480 income taxes. Remember this is to pay for all the 0:23:02.640 --> 0:23:07.000 stuff that the social democrats want in Europe, and in 0:23:07.000 --> 0:23:09.440 this case, this is to pay for the Occasio Cortez 0:23:09.680 --> 0:23:15.359 Sanders war in wing of the Democrat Party. Free college, 0:23:15.560 --> 0:23:19.000 free healthcare. What else is free? There's something else that 0:23:19.040 --> 0:23:23.080 I'm missing. Now those are the big ones. Free college, 0:23:23.119 --> 0:23:26.040 free healthcare, other free stuff too. They'll figure that out 0:23:26.080 --> 0:23:28.159 in time. When you start to look at it, it it 0:23:28.280 --> 0:23:30.560 gets scary, though. Here you go. Let's begin with income taxes, 0:23:30.600 --> 0:23:34.640 he writes. Imagine one hundred percent tax rates on all 0:23:34.800 --> 0:23:39.480 income earned over the one million dollar threshold. That's politically impossible, 0:23:39.520 --> 0:23:42.159 but for the sake of argument, imagine it. Even that 0:23:42.240 --> 0:23:45.480 would add just five percent of GDP and revenues until 0:23:45.560 --> 0:23:50.080 people quickly stopped working at that income. Slightly more realistically, 0:23:50.480 --> 0:23:53.600 doubling the top tax two taps brackets to seventy and 0:23:53.640 --> 0:23:58.760 seventy four percent would raise at best one point six 0:23:58.840 --> 0:24:04.800 percent of GDP. Show you might say, okay, Bucky raised 0:24:04.800 --> 0:24:07.080 one point six percent of GDP and taxes to deal 0:24:07.119 --> 0:24:10.520 with things, all right, So let's now look at what 0:24:10.600 --> 0:24:14.560 it would cost. When you look at what it would cost, 0:24:14.640 --> 0:24:18.159 you find out that even if the twenty seventeen and 0:24:18.240 --> 0:24:22.760 twenty eighteen tax cuts in defense spending hikes expired, The 0:24:22.880 --> 0:24:26.959 CBO projects a baseline budget deficit running to five percent 0:24:27.040 --> 0:24:30.960 of GDP over the next decade. And that's when you 0:24:31.000 --> 0:24:33.440 start to get into the far left wish list that 0:24:33.480 --> 0:24:37.640 we're talking about here. Forty two trillion dollars democratic agenda 0:24:37.880 --> 0:24:40.520 so far the left and Okazio Cortez I've come with 0:24:40.560 --> 0:24:42.720 two trillion dollars in tax increase. And now why I 0:24:42.720 --> 0:24:45.040 am we talk about Okasio quartets. She's just saying what 0:24:45.080 --> 0:24:49.280 other Democrats want but aren't willing to say yet. All right, 0:24:49.880 --> 0:24:53.080 you know she also wants free electricity. There you go, 0:24:53.119 --> 0:24:56.399 free electricity. That's gonna be great, universal jobs and housing. 0:24:56.400 --> 0:24:58.000 As a human writer, just a few more things on 0:24:58.040 --> 0:25:01.359 our platfor Oh dude, free, it's gonna be free, every free. 0:25:01.640 --> 0:25:06.000 Everything's going to be amazing. And what do they want? 0:25:06.040 --> 0:25:09.800 Forty two trillion dollars of a democratic socialist agenda, single 0:25:09.800 --> 0:25:13.320 pair of healthcare thirty two trillion, A federal jobs guarantee 0:25:13.359 --> 0:25:17.240 six point eight trillion, student loan forgiveness one point four trillion, 0:25:17.480 --> 0:25:22.720 free public college, eight hundred billion, infrastructure a trillion. How 0:25:22.760 --> 0:25:25.800 the heck do you pay for all that? Will? They say? 0:25:25.800 --> 0:25:31.320