1 00:00:00,640 --> 00:00:04,160 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics, 2 00:00:04,360 --> 00:00:07,120 Speaker 1: where we discussed the top political headlines with some of 3 00:00:07,160 --> 00:00:13,039 Speaker 1: today's best minds and Emmy Acton leads the bake Ramaswamy 4 00:00:13,200 --> 00:00:16,200 Speaker 1: by ten points in Ohio's governor race. We have such 5 00:00:16,200 --> 00:00:19,079 Speaker 1: a great show for you today, think like an economist's own. 6 00:00:19,400 --> 00:00:22,959 Speaker 1: Justin Wolfer stops by to talk about Trump's terrible instincts 7 00:00:23,079 --> 00:00:25,160 Speaker 1: destroying the United States economy. 8 00:00:25,400 --> 00:00:26,280 Speaker 2: Then we'll talk to. 9 00:00:26,400 --> 00:00:30,880 Speaker 1: Texas goubernan Toil candidate Gina Hinnajosa about her run to 10 00:00:30,960 --> 00:00:32,599 Speaker 1: beat Governor Greg Abbott. 11 00:00:32,600 --> 00:00:33,199 Speaker 2: But first the. 12 00:00:33,200 --> 00:00:36,040 Speaker 3: News Welling, We're going to have a collection of things 13 00:00:36,080 --> 00:00:37,760 Speaker 3: that I like to think of as a trove of 14 00:00:37,840 --> 00:00:40,199 Speaker 3: things that when I think of how President Trump could 15 00:00:40,240 --> 00:00:43,199 Speaker 3: wreck his presidency in his approval rating, the first one 16 00:00:43,200 --> 00:00:45,440 Speaker 3: that comes to mind is land invasion. 17 00:00:45,000 --> 00:00:45,320 Speaker 4: Of her On. 18 00:00:45,720 --> 00:00:49,080 Speaker 1: Yeah, you know, wreck his presidency and more importantly, just 19 00:00:49,240 --> 00:00:50,920 Speaker 1: wreck the whole fucking world. 20 00:00:51,040 --> 00:00:53,720 Speaker 2: I mean, we are in it team. 21 00:00:53,880 --> 00:00:58,240 Speaker 1: This story is so important because it's fucking war and 22 00:00:58,600 --> 00:01:02,240 Speaker 1: Donald Trump. So while Street Journal reports that the Pentagon 23 00:01:02,320 --> 00:01:05,280 Speaker 1: is moving additional marines and warships to the Middle East 24 00:01:05,480 --> 00:01:09,600 Speaker 1: as Iran steps up its attacks, on the Straits of Vermouth, 25 00:01:10,040 --> 00:01:15,520 Speaker 1: so three officials in the Pentagon. Pete Hegsath's weekend television host, 26 00:01:15,520 --> 00:01:18,280 Speaker 1: has approved a request from US Central Command, responsible for 27 00:01:18,319 --> 00:01:21,360 Speaker 1: American forces in the Middle East. This is more troops, 28 00:01:21,520 --> 00:01:25,040 Speaker 1: five thousand marines and sailors. This is a Japanese based 29 00:01:25,280 --> 00:01:28,600 Speaker 1: ship and it's coming to the Middle East. Here's what's happening. 30 00:01:28,680 --> 00:01:32,200 Speaker 1: And we're two weeks into a war that has no reason. 31 00:01:32,440 --> 00:01:35,120 Speaker 1: There is no reason for this war. And I've met 32 00:01:35,120 --> 00:01:38,040 Speaker 1: this book fair in New Orleans at the Two Lane 33 00:01:38,040 --> 00:01:39,919 Speaker 1: Book Fair, and I want to talk about this among 34 00:01:40,000 --> 00:01:42,560 Speaker 1: a lot of panels, with a lot of smart political people, 35 00:01:42,800 --> 00:01:46,240 Speaker 1: with you know, Tim Miller and James Carvill and this 36 00:01:46,280 --> 00:01:48,680 Speaker 1: one and that one, and the thing we keep saying 37 00:01:48,840 --> 00:01:51,360 Speaker 1: to each other and to the audience, and I think 38 00:01:51,400 --> 00:01:55,440 Speaker 1: it's really important to talk about is that Democrats should 39 00:01:55,520 --> 00:01:59,520 Speaker 1: be saying the exact thing that every normal person is saying, 40 00:01:59,520 --> 00:02:02,080 Speaker 1: which is what the fuck we should not be in 41 00:02:02,160 --> 00:02:02,600 Speaker 1: this war. 42 00:02:02,960 --> 00:02:04,400 Speaker 2: There is no reason for this. 43 00:02:04,840 --> 00:02:09,720 Speaker 1: We're just burning billions of dollars every day for no reason. 44 00:02:09,919 --> 00:02:15,560 Speaker 2: There is no reason. Understand Aaran, this Ayatola not a 45 00:02:15,600 --> 00:02:16,080 Speaker 2: good guy. 46 00:02:16,320 --> 00:02:18,720 Speaker 1: We don't like him, not good to the Ranian people, 47 00:02:18,880 --> 00:02:22,080 Speaker 1: but it's not our place to do this. The American 48 00:02:22,080 --> 00:02:24,400 Speaker 1: people elected Donald Trump because he said he was going 49 00:02:24,480 --> 00:02:27,280 Speaker 1: to end this kind of stuff, and instead he is 50 00:02:27,360 --> 00:02:30,720 Speaker 1: doing this, and it is infuriating, but also more importantly, 51 00:02:31,000 --> 00:02:34,919 Speaker 1: it's not what anyone wants. And Democrats should be loudly 52 00:02:35,440 --> 00:02:38,480 Speaker 1: condemning this war. And this is the kind of moral 53 00:02:38,560 --> 00:02:42,480 Speaker 1: leadership America desperately needs at this moment. So it's very annoying. 54 00:02:42,800 --> 00:02:46,880 Speaker 3: So, speaking of other ways to wreck your presidency, Inflation 55 00:02:47,400 --> 00:02:51,639 Speaker 3: on the rise, his economy keeps getting downward, revisions, it's 56 00:02:51,680 --> 00:02:53,520 Speaker 3: going fucking great. Can't stop winning. 57 00:02:54,040 --> 00:02:57,480 Speaker 1: Justin Wolfers and I hear this in the interview. We 58 00:02:57,520 --> 00:03:02,440 Speaker 1: talk about how basically Donald Trump has you know, since 59 00:03:02,560 --> 00:03:05,560 Speaker 1: Liberation Day, he just at every point he's done something 60 00:03:05,600 --> 00:03:11,640 Speaker 1: to hurt the economy. So the tariff's inflationary, expensive, slowing manufacturing. 61 00:03:12,040 --> 00:03:15,880 Speaker 1: People don't know what the landscape is going to look like, 62 00:03:16,160 --> 00:03:17,760 Speaker 1: so they keep going back and forth. 63 00:03:17,840 --> 00:03:19,000 Speaker 2: It's just a. 64 00:03:18,960 --> 00:03:25,000 Speaker 1: Complete disaster, very very problematic for any number of reasons. 65 00:03:25,480 --> 00:03:28,800 Speaker 1: Then we have the tax cut, the one piece of 66 00:03:28,919 --> 00:03:32,000 Speaker 1: legislation he passed a tax cut for very wealthy people 67 00:03:32,760 --> 00:03:36,360 Speaker 1: and billions of dollars to ice, and you know it's 68 00:03:36,640 --> 00:03:41,560 Speaker 1: just a completely for cocta way to run the economy. 69 00:03:41,640 --> 00:03:44,240 Speaker 3: Is that the economists term for cocta. 70 00:03:44,400 --> 00:03:47,000 Speaker 1: Yes, And look, I want to say one thing. The 71 00:03:47,040 --> 00:03:49,560 Speaker 1: tariffs don't make sense if you think about them as 72 00:03:49,640 --> 00:03:52,160 Speaker 1: trying to grow the economy. But they do make sense 73 00:03:52,280 --> 00:03:55,120 Speaker 1: if you think about a kleptocrat who is desperate to 74 00:03:55,200 --> 00:03:56,120 Speaker 1: a mass. 75 00:03:56,040 --> 00:03:58,320 Speaker 2: Power and blackmail his enemies. 76 00:03:58,440 --> 00:04:00,640 Speaker 1: And I think that you should stop thinking about this 77 00:04:00,720 --> 00:04:03,839 Speaker 1: is trying to bring back American manufacturing and start thinking 78 00:04:03,840 --> 00:04:07,520 Speaker 1: about this as a power hungry autocrat who is just 79 00:04:07,680 --> 00:04:10,880 Speaker 1: trying to wield the levers of power over people. 80 00:04:11,360 --> 00:04:15,000 Speaker 3: Huh, you talked about this blackmail thing. So, Mike, you know, 81 00:04:15,040 --> 00:04:17,200 Speaker 3: there's some times we're doing this show and I'm I 82 00:04:17,320 --> 00:04:19,440 Speaker 3: just look at the article and I go, there's no 83 00:04:19,640 --> 00:04:22,440 Speaker 3: fucking way that this article is telling me what it's 84 00:04:22,480 --> 00:04:25,039 Speaker 3: telling me. There's no fucking way. And this was the 85 00:04:25,040 --> 00:04:27,360 Speaker 3: one I felt the strongest about in a long time, 86 00:04:27,400 --> 00:04:29,960 Speaker 3: which is Trump seems to be selling fans access to 87 00:04:30,040 --> 00:04:31,479 Speaker 3: national security briefings. 88 00:04:31,800 --> 00:04:34,640 Speaker 1: I think when you see these articles, you have the 89 00:04:34,760 --> 00:04:36,840 Speaker 1: same thing I do. When you see the article and 90 00:04:36,839 --> 00:04:39,520 Speaker 1: you're like, that is probably not true. That can't be right. 91 00:04:39,600 --> 00:04:42,120 Speaker 1: That's got to be like a clickbait headline and then 92 00:04:42,160 --> 00:04:43,159 Speaker 1: you read it and you're. 93 00:04:43,040 --> 00:04:46,240 Speaker 2: Like, oh, whoa. 94 00:04:45,440 --> 00:04:49,760 Speaker 1: So in eyebrow raising fundraising email was circulated Thursday by 95 00:04:49,800 --> 00:04:54,280 Speaker 1: a Trump affiliated super paw promising supporters a national security 96 00:04:54,320 --> 00:04:58,000 Speaker 1: briefing membership. This is like everything is for sale and 97 00:04:58,120 --> 00:05:03,359 Speaker 1: the Trump administration, including like our secrets. Does Vladimir Putin 98 00:05:03,400 --> 00:05:07,640 Speaker 1: already have that special national security briefing membership? 99 00:05:07,640 --> 00:05:08,400 Speaker 2: Who else has it? 100 00:05:08,520 --> 00:05:11,040 Speaker 3: MEXINGI you know this is going to be his only fans. 101 00:05:11,080 --> 00:05:11,680 Speaker 2: Yeah, it is. 102 00:05:11,760 --> 00:05:14,720 Speaker 1: It's another way of selling an oly fans. And by 103 00:05:14,760 --> 00:05:16,680 Speaker 1: the way, I think it's important, just like pull back 104 00:05:16,720 --> 00:05:19,240 Speaker 1: for a minute. Donald Trump is raising money. He is 105 00:05:19,320 --> 00:05:22,960 Speaker 1: not running for president again, So why is he raising money? 106 00:05:23,120 --> 00:05:25,240 Speaker 1: Is he raising money to have a legal slush fund? 107 00:05:25,360 --> 00:05:27,960 Speaker 1: Is he raising money because he plans on not leaving? 108 00:05:28,040 --> 00:05:31,000 Speaker 1: Is he raising money? I mean a normal president would 109 00:05:31,040 --> 00:05:34,800 Speaker 1: not be in an insane fundraising push. So that's another 110 00:05:35,040 --> 00:05:38,200 Speaker 1: part of this story, which I think is relevant and horrible. 111 00:05:38,680 --> 00:05:43,000 Speaker 3: Yeah. So the greatest cover up in American history, the 112 00:05:43,279 --> 00:05:45,880 Speaker 3: Jeffrey Epstein files. It seems that Trump has picked an 113 00:05:45,920 --> 00:05:49,599 Speaker 3: Epstein investigator who's going to limit the probe because guess what, 114 00:05:49,920 --> 00:05:51,360 Speaker 3: he's all over the fucking thing. 115 00:05:51,760 --> 00:05:55,080 Speaker 1: Jake Clayton, Donald Trump's pick to lead the District of 116 00:05:55,120 --> 00:05:57,720 Speaker 1: Southern New York, has been tasked with investigating people and 117 00:05:57,800 --> 00:06:01,640 Speaker 1: institutions tied to Jeffrey Epstein, but he himself as financial 118 00:06:01,720 --> 00:06:04,760 Speaker 1: ties to the Wall Street bank and firms under scrutiny. 119 00:06:04,800 --> 00:06:08,160 Speaker 1: The Lever reports Clayton holds between one point five and 120 00:06:08,279 --> 00:06:12,480 Speaker 1: six million dollars worth of Apollo Global Management stock. Apollo 121 00:06:13,200 --> 00:06:16,120 Speaker 1: is the big fund that is. 122 00:06:16,120 --> 00:06:17,479 Speaker 2: Run by Leon Black. 123 00:06:17,600 --> 00:06:21,520 Speaker 1: Leon Black is in the Epstein files, has settled with victims, 124 00:06:21,800 --> 00:06:25,480 Speaker 1: is about as ebsteined as you can get and still 125 00:06:25,520 --> 00:06:28,279 Speaker 1: be a random rich person. He was later accused of 126 00:06:28,360 --> 00:06:31,880 Speaker 1: raping a sixteen year old. He has been ordered to 127 00:06:31,960 --> 00:06:34,560 Speaker 1: be disposed as part of a lawsuit alleging Bank of 128 00:06:34,600 --> 00:06:40,159 Speaker 1: America profited from Epstein's alleged sex trafficking. Clayton also owns 129 00:06:40,279 --> 00:06:43,960 Speaker 1: stock in JP Morgan Chase Bank of America. That's not 130 00:06:44,320 --> 00:06:47,400 Speaker 1: so problematic for him, you know, But the question is 131 00:06:47,440 --> 00:06:50,360 Speaker 1: will he go hard on the banks and said a 132 00:06:50,480 --> 00:06:54,040 Speaker 1: Finance Committee chair. Ron Wyden, friend of the pod, has 133 00:06:54,200 --> 00:06:58,719 Speaker 1: said he is pushing hard for disclosure. Look by virtue 134 00:06:58,760 --> 00:07:01,159 Speaker 1: of the fact that Donald Trump has put this guy 135 00:07:01,240 --> 00:07:03,640 Speaker 1: in charge, that's all you need to know. He's not 136 00:07:03,680 --> 00:07:06,560 Speaker 1: going to put anyone in charge of anything that's going 137 00:07:06,640 --> 00:07:09,800 Speaker 1: to go after him, and that is as true as anything. 138 00:07:10,120 --> 00:07:12,440 Speaker 2: So we'll see what happens here. 139 00:07:12,480 --> 00:07:16,560 Speaker 1: But the fact that this is even happening means that 140 00:07:16,880 --> 00:07:22,040 Speaker 1: he's going to try really, really, really hard to obfuscate 141 00:07:22,240 --> 00:07:24,120 Speaker 1: and make everything as. 142 00:07:24,200 --> 00:07:26,000 Speaker 2: Hard to manage as possible. 143 00:07:29,320 --> 00:07:34,640 Speaker 1: We have exciting news over at our YouTube channel. The 144 00:07:34,880 --> 00:07:39,360 Speaker 1: third episode is out now from our series Project twenty 145 00:07:39,440 --> 00:07:43,520 Speaker 1: twenty nine are reimagining where we examine what went wrong 146 00:07:43,720 --> 00:07:47,080 Speaker 1: with Democrats' approach to policy and how we can correct 147 00:07:47,120 --> 00:07:52,520 Speaker 1: it and deliver changes for the American people. The first 148 00:07:52,600 --> 00:07:59,040 Speaker 1: episodes dove into campaign finance, reform, antitrust, and regulation. Our 149 00:07:59,240 --> 00:08:04,600 Speaker 1: newest episode is on how we solidify reproductive rights for women. 150 00:08:04,840 --> 00:08:07,960 Speaker 1: We talk to the smartest names in the fields like 151 00:08:08,040 --> 00:08:12,560 Speaker 1: abortion every Day is Jessica Valenti, the Center for Reproductive Rights, 152 00:08:12,760 --> 00:08:17,920 Speaker 1: Nancy Northam, UCLA is oh and Mary Ziegler, and the 153 00:08:17,960 --> 00:08:23,080 Speaker 1: gout Macher Institute's Kelly Badden. Republicans were prepared for when 154 00:08:23,160 --> 00:08:26,720 Speaker 1: they got the levers of power. Democrats need to be too, 155 00:08:27,160 --> 00:08:31,160 Speaker 1: So please head over to YouTube and search Molly John 156 00:08:31,280 --> 00:08:34,800 Speaker 1: Fast Project twenty twenty nine or go to the Fast 157 00:08:34,840 --> 00:08:36,960 Speaker 1: Politics YouTube channel page and. 158 00:08:36,880 --> 00:08:39,720 Speaker 2: You'll find it there. Help us spread the word. 159 00:08:40,920 --> 00:08:43,160 Speaker 1: Justin Wolfers is the host of the Think Like an 160 00:08:43,160 --> 00:08:46,040 Speaker 1: Economist podcast and a professor at the University of Michigan. 161 00:08:46,360 --> 00:08:49,800 Speaker 2: Welcome, Welcome, Justin right, good. 162 00:08:49,600 --> 00:08:51,439 Speaker 4: To see you. You don't look like you're at home, Molly. 163 00:08:51,760 --> 00:08:52,600 Speaker 2: I am not at home. 164 00:08:52,679 --> 00:08:55,040 Speaker 1: I am in New Orleans at the wonderful book fair 165 00:08:55,120 --> 00:08:57,679 Speaker 1: at Tulane University, and I'm very lucky. 166 00:08:57,520 --> 00:09:01,280 Speaker 4: To be here, wonderful, hanging out with the literary folks. 167 00:09:02,920 --> 00:09:06,360 Speaker 1: So justin American economy killing it? 168 00:09:07,080 --> 00:09:08,840 Speaker 2: Yeah, So what's happening? 169 00:09:09,679 --> 00:09:10,199 Speaker 3: Yeah? 170 00:09:10,600 --> 00:09:12,720 Speaker 4: So I think I should be used to the rhythm 171 00:09:12,800 --> 00:09:14,520 Speaker 4: of this by now. Molly, you're one of the few 172 00:09:14,520 --> 00:09:16,360 Speaker 4: people who always begins. They want to know where the 173 00:09:16,400 --> 00:09:19,679 Speaker 4: economy's at, So we'll start there. But by no means 174 00:09:19,800 --> 00:09:21,760 Speaker 4: is that the biggest story. You might have noticed other 175 00:09:21,800 --> 00:09:25,280 Speaker 4: things going on, So look, where are we at. Since 176 00:09:25,320 --> 00:09:28,120 Speaker 4: I last spoke to your audience, we got the latest 177 00:09:28,200 --> 00:09:30,760 Speaker 4: jobs report. I want to remind people where it was 178 00:09:30,800 --> 00:09:33,360 Speaker 4: the day before that came in. The day before that 179 00:09:33,400 --> 00:09:36,000 Speaker 4: came in, there'd been some pessimism about and then suddenly 180 00:09:36,040 --> 00:09:37,720 Speaker 4: we've got a couple of good numbers and it looked 181 00:09:37,760 --> 00:09:40,320 Speaker 4: like things really weren't so bad through the beginning of 182 00:09:40,320 --> 00:09:40,920 Speaker 4: twenty six. 183 00:09:41,200 --> 00:09:42,319 Speaker 5: Then, well, it. 184 00:09:42,280 --> 00:09:45,000 Speaker 4: Turns out that when you get more data over time, 185 00:09:45,040 --> 00:09:48,000 Speaker 4: you change your mind, you revise things, and the new 186 00:09:48,080 --> 00:09:52,240 Speaker 4: view was actually that was purely statistical illusion. So things 187 00:09:52,600 --> 00:09:55,600 Speaker 4: which looked bright, it's not that they subsequently turned down, 188 00:09:55,600 --> 00:09:59,480 Speaker 4: it's just they would never bright green shirts actually were 189 00:09:59,679 --> 00:10:03,800 Speaker 4: a statistical mirage. Okay, then we got the latest jobs 190 00:10:03,880 --> 00:10:07,880 Speaker 4: number which was sharply negative. The crying that makes me sad. 191 00:10:07,960 --> 00:10:12,160 Speaker 4: Betsy and I sat at home hugging each other, crying, 192 00:10:12,679 --> 00:10:15,880 Speaker 4: thinking about the American worker too. 193 00:10:16,200 --> 00:10:18,720 Speaker 1: This is the danger of a two economist family. 194 00:10:19,360 --> 00:10:21,640 Speaker 4: I mean, it's great because with lots of other people, 195 00:10:21,679 --> 00:10:23,640 Speaker 4: I'd start crying and they'd say what's wrong, and I 196 00:10:23,679 --> 00:10:25,800 Speaker 4: would explain and they wouldn't get it. I know, you 197 00:10:25,800 --> 00:10:28,480 Speaker 4: would get it, but you know there's. 198 00:10:28,280 --> 00:10:31,040 Speaker 1: A fraud would get it the way Betsy would get it. 199 00:10:31,080 --> 00:10:32,240 Speaker 2: Let's be honest here. 200 00:10:32,559 --> 00:10:36,599 Speaker 4: Well that's true, and it's because we are we economists 201 00:10:36,640 --> 00:10:40,760 Speaker 4: are exquisitely attuned to understand suffering, pain and emotion. Oh 202 00:10:40,800 --> 00:10:47,040 Speaker 4: you're drinking a coffee. Hey, same, look at this. Mine's 203 00:10:47,040 --> 00:10:49,720 Speaker 4: a little more archis it all? Look at that like 204 00:10:49,720 --> 00:10:50,280 Speaker 4: it's a claque. 205 00:10:50,480 --> 00:10:53,720 Speaker 1: No, no, minus from minus from a very well yours 206 00:10:53,800 --> 00:10:54,560 Speaker 1: is from your yes? 207 00:10:54,679 --> 00:10:55,040 Speaker 5: All right? 208 00:10:55,120 --> 00:10:57,360 Speaker 1: Well anyway, continue on, continue on. 209 00:10:57,400 --> 00:10:59,440 Speaker 4: Yes, and we have a side by our conversation on 210 00:10:59,440 --> 00:11:02,120 Speaker 4: the side of him about the size of American coffee. 211 00:11:02,160 --> 00:11:03,559 Speaker 4: If not now. One day. 212 00:11:05,200 --> 00:11:08,160 Speaker 1: I asked for five shots and they were like, that's 213 00:11:08,240 --> 00:11:11,959 Speaker 1: quite a lot, and I was like, okay, six did 214 00:11:11,960 --> 00:11:12,480 Speaker 1: you leave. 215 00:11:12,360 --> 00:11:15,000 Speaker 4: Your ADHD medication at home? And this is just how 216 00:11:15,040 --> 00:11:16,480 Speaker 4: you things under control. 217 00:11:17,080 --> 00:11:21,080 Speaker 1: I don't have ADHD medication, as jesse Kin attest, all right. 218 00:11:21,559 --> 00:11:24,439 Speaker 4: So what's great is you didn't say I don't have ADHD. 219 00:11:24,640 --> 00:11:28,439 Speaker 4: It's just like medicate, give me five shots. 220 00:11:28,720 --> 00:11:30,920 Speaker 1: I think anyone who talks to me knows very well 221 00:11:30,960 --> 00:11:35,959 Speaker 1: that I have ADHD. Okay, So revision showed that actually 222 00:11:36,640 --> 00:11:36,880 Speaker 1: it was. 223 00:11:37,720 --> 00:11:39,760 Speaker 4: Well off, and then it turns out it was Denmont 224 00:11:39,760 --> 00:11:42,120 Speaker 4: Baden the last month. And you should never take any 225 00:11:42,240 --> 00:11:44,400 Speaker 4: number or a headline. Seriously. What you should do is 226 00:11:44,440 --> 00:11:46,840 Speaker 4: look over a run of time as happy Kevin, in 227 00:11:46,840 --> 00:11:48,160 Speaker 4: fact has been reminding us. 228 00:11:48,280 --> 00:11:51,280 Speaker 2: But when you do happy Kevin, I worn't to remember. 229 00:11:51,640 --> 00:11:55,880 Speaker 1: Happy Kevin is Kevin Hassett, who will in fact sign 230 00:11:55,960 --> 00:11:58,960 Speaker 1: off on anything Donald Trump likes. 231 00:11:59,080 --> 00:12:02,280 Speaker 4: Even brings in prison some whole new lives wrapped in love. 232 00:12:02,880 --> 00:12:07,719 Speaker 1: That's right, here's a Sean Spicer of economists. 233 00:12:07,040 --> 00:12:07,640 Speaker 4: But happier. 234 00:12:08,880 --> 00:12:10,080 Speaker 2: Yeah. 235 00:12:09,400 --> 00:12:14,600 Speaker 4: Okay, So since Liberation Day, now, I want you to 236 00:12:14,640 --> 00:12:17,120 Speaker 4: remember what we were promised on Liberation Day in udo 237 00:12:17,320 --> 00:12:20,360 Speaker 4: and for the American economy, the return of American manufacturing, 238 00:12:20,400 --> 00:12:24,120 Speaker 4: where Siga being kicked around, American economy turns around. We 239 00:12:24,160 --> 00:12:27,120 Speaker 4: need tariffs. Tariffs, the most beautiful word in English language. 240 00:12:27,120 --> 00:12:30,400 Speaker 4: Without tariffs, this would be a disaster. Since Liberation Day, 241 00:12:30,800 --> 00:12:35,920 Speaker 4: the US economies lost jobs. Yeah, that doesn't happen. Just 242 00:12:35,960 --> 00:12:43,160 Speaker 4: to be clear, I mean it does happen in recessions, right, So. 243 00:12:41,240 --> 00:12:42,640 Speaker 2: We were not in a recession. 244 00:12:42,720 --> 00:12:45,880 Speaker 1: It's important to point out before Liberation Day we were 245 00:12:45,920 --> 00:12:49,240 Speaker 1: sort of in a kind of goldilocks state where as 246 00:12:49,360 --> 00:12:52,400 Speaker 1: much as there were problems, it was still we were 247 00:12:52,440 --> 00:12:55,319 Speaker 1: still pretty well off considering the rest of the world. 248 00:12:55,559 --> 00:12:57,840 Speaker 4: Molly, did you look at my hair and think of goldilocks? 249 00:13:01,240 --> 00:13:03,760 Speaker 1: Continue Continue continue on, you. 250 00:13:03,720 --> 00:13:04,640 Speaker 4: Can share the truth. 251 00:13:05,760 --> 00:13:07,040 Speaker 3: It's normal. 252 00:13:07,120 --> 00:13:09,320 Speaker 1: I've read the thing in the Economists where it's at 253 00:13:09,360 --> 00:13:10,800 Speaker 1: the Goldilocks economy. 254 00:13:11,240 --> 00:13:18,880 Speaker 4: You know, normal adult feelings. Moly, it's okay. 255 00:13:20,120 --> 00:13:24,280 Speaker 2: Okay, so it's an academic but it's funny. 256 00:13:24,480 --> 00:13:27,640 Speaker 4: All right, go on, Yes, you forgot to say handsome. 257 00:13:28,480 --> 00:13:31,319 Speaker 2: You can say it, Jesse. 258 00:13:32,280 --> 00:13:34,640 Speaker 1: We hear the sound of Jesse throwing up. All right, 259 00:13:34,720 --> 00:13:37,040 Speaker 1: go on, move on, let's keep going here. 260 00:13:37,440 --> 00:13:37,760 Speaker 3: Okay. 261 00:13:38,040 --> 00:13:41,319 Speaker 4: Economies are not meant to lose jobs thereating them. They 262 00:13:41,320 --> 00:13:44,880 Speaker 4: do lose jobs during recessions. When the economy is losing 263 00:13:45,000 --> 00:13:48,520 Speaker 4: output or production, we call it a recession, so we 264 00:13:48,559 --> 00:13:50,760 Speaker 4: wouldn't call it a recession. But I think right now 265 00:13:50,760 --> 00:13:52,800 Speaker 4: you can call it a job's recession. 266 00:13:52,960 --> 00:13:55,400 Speaker 1: But also you need two quarters right to call it 267 00:13:55,440 --> 00:13:56,040 Speaker 1: a recession. 268 00:13:56,320 --> 00:13:59,960 Speaker 4: I'm the PhD. Here I get to decide. I wrote 269 00:14:00,160 --> 00:14:03,320 Speaker 4: the book, Marley, and. 270 00:14:03,480 --> 00:14:04,000 Speaker 2: See the book. 271 00:14:04,040 --> 00:14:06,079 Speaker 1: I'm too middle aged to be able to see the book, 272 00:14:06,360 --> 00:14:06,760 Speaker 1: the text. 273 00:14:06,800 --> 00:14:08,040 Speaker 4: I'll send you a copy. 274 00:14:08,720 --> 00:14:11,760 Speaker 1: Yes, it costs like eighty nine dollars because it's a 275 00:14:11,800 --> 00:14:12,280 Speaker 1: text book. 276 00:14:12,679 --> 00:14:15,160 Speaker 4: And did you think it was amongst the best value 277 00:14:15,200 --> 00:14:17,600 Speaker 4: of any book you've ever read? Do you think I 278 00:14:17,679 --> 00:14:20,280 Speaker 4: should have been invited to Tulane to the book fair 279 00:14:20,560 --> 00:14:22,480 Speaker 4: in the textbook writer has got no respect. 280 00:14:23,200 --> 00:14:24,440 Speaker 5: That's right, no respect. 281 00:14:24,560 --> 00:14:27,560 Speaker 4: I might have sold more copies, okay. 282 00:14:27,280 --> 00:14:30,240 Speaker 1: And you've definitely made more money. We're not going there 283 00:14:30,840 --> 00:14:32,400 Speaker 1: because textbooks are a good business. 284 00:14:32,400 --> 00:14:32,600 Speaker 3: Go on. 285 00:14:32,720 --> 00:14:37,200 Speaker 4: We were talking about your feelings, Molley, not about my income. Okay. 286 00:14:37,480 --> 00:14:40,960 Speaker 4: The economy's in a job's recession. Jobs recession just means 287 00:14:41,000 --> 00:14:44,240 Speaker 4: going backwards, so it's going back right, and since April, 288 00:14:44,280 --> 00:14:45,920 Speaker 4: So yeah, that's more than two quarters, if you want 289 00:14:45,960 --> 00:14:51,680 Speaker 4: to use your alternative definition. So that's all bad news. 290 00:14:52,160 --> 00:14:55,440 Speaker 4: On the flip side, Happy Kevin and company tend to 291 00:14:55,480 --> 00:14:57,280 Speaker 4: look for the bright spots. Is there a number of 292 00:14:57,320 --> 00:15:00,520 Speaker 4: misrepresents where we're at? And actually, just a couple weeks ago, 293 00:15:00,560 --> 00:15:02,680 Speaker 4: Happy Kevin was saying, in the fourth quarter of twenty 294 00:15:02,720 --> 00:15:05,360 Speaker 4: twenty five, he was telling us that the economy was 295 00:15:05,400 --> 00:15:08,960 Speaker 4: growing at five percent. Actually we just got the latest 296 00:15:09,000 --> 00:15:10,840 Speaker 4: numbers that grew at zero point seven percent. 297 00:15:11,440 --> 00:15:13,400 Speaker 1: That seems like less than five percent. 298 00:15:13,920 --> 00:15:16,000 Speaker 2: Not to be a mad genius. 299 00:15:15,520 --> 00:15:17,600 Speaker 4: Here, you are a mad journius. 300 00:15:18,200 --> 00:15:21,560 Speaker 2: Mat Matt mad oh Matt, oh God. 301 00:15:21,760 --> 00:15:24,480 Speaker 1: Nobody can understand what I say. It's my accent. 302 00:15:24,600 --> 00:15:27,760 Speaker 4: Go on, it's your mad genius. Okay, zero points of 303 00:15:27,760 --> 00:15:28,480 Speaker 4: the set is sick. 304 00:15:29,560 --> 00:15:29,880 Speaker 3: Now. 305 00:15:30,280 --> 00:15:33,000 Speaker 4: Part of that is the government shutdown occurred. What happened 306 00:15:33,040 --> 00:15:36,080 Speaker 4: in the government shutdown. It's deep in the sausage of 307 00:15:36,080 --> 00:15:39,480 Speaker 4: how we estimate GDP. But basically everyone ended up having 308 00:15:39,480 --> 00:15:42,200 Speaker 4: to work or got paid for working. But because they 309 00:15:42,200 --> 00:15:45,240 Speaker 4: weren't going to work, they weren't producing stuff governments produce, 310 00:15:46,200 --> 00:15:50,400 Speaker 4: and so that not artificially, but artificially subtracts some growth. 311 00:15:51,040 --> 00:15:53,760 Speaker 4: That will given the level of output, we'll go back 312 00:15:53,760 --> 00:15:55,520 Speaker 4: to normal in the first quarter. I actually get a 313 00:15:55,560 --> 00:15:58,600 Speaker 4: bounce back in the first quarter of twenty twenty six. 314 00:16:00,080 --> 00:16:04,240 Speaker 4: The point, though, is the indicators that have been more 315 00:16:04,240 --> 00:16:08,880 Speaker 4: optimistic don't look more optimistic anymore. The bottom line of 316 00:16:08,960 --> 00:16:12,160 Speaker 4: all of this is this is an economy that's either 317 00:16:12,280 --> 00:16:17,400 Speaker 4: in recession, probably not, but on the precipice. And so 318 00:16:17,560 --> 00:16:21,480 Speaker 4: given the ease economic data, the one piece of advice 319 00:16:21,560 --> 00:16:25,280 Speaker 4: I started giving the administration fourteen days ago is don't 320 00:16:25,280 --> 00:16:26,240 Speaker 4: do anything stupid. 321 00:16:27,040 --> 00:16:28,760 Speaker 2: Wait fourteen days ago. 322 00:16:29,000 --> 00:16:31,080 Speaker 1: Remind me what happened fourteen days ago. 323 00:16:31,800 --> 00:16:34,480 Speaker 4: Well, then they bummed a run. 324 00:16:34,800 --> 00:16:39,920 Speaker 1: Explain to our listeners why bombing around was such a 325 00:16:39,960 --> 00:16:45,200 Speaker 1: big move, and why it's so catastrophic for the financial markets. 326 00:16:45,280 --> 00:16:45,400 Speaker 3: Right. 327 00:16:45,560 --> 00:16:47,440 Speaker 4: I don't need to explain to anyone why it's a 328 00:16:47,440 --> 00:16:49,280 Speaker 4: big move if you look tow an economist for some 329 00:16:49,320 --> 00:16:53,280 Speaker 4: intellectual justification or rationale, I just always want to say this. 330 00:16:53,400 --> 00:16:55,560 Speaker 4: It's a right. It's a big move because it's a 331 00:16:55,720 --> 00:17:03,080 Speaker 4: wary Wars are bad. We don't like death. I'm anti destruction. 332 00:17:03,560 --> 00:17:07,119 Speaker 4: I don't like grief. I don't like anxiety. I don't 333 00:17:07,160 --> 00:17:08,640 Speaker 4: like all of the harm that it's done. I don't 334 00:17:08,720 --> 00:17:10,359 Speaker 4: like the harm that's done to Americans. I don't like 335 00:17:10,359 --> 00:17:12,280 Speaker 4: the harm that's done to Iranians. I don't like the 336 00:17:12,800 --> 00:17:14,680 Speaker 4: harm that's done to Lebanese people. I don't like the 337 00:17:14,720 --> 00:17:20,119 Speaker 4: harmness in israelis right, it's all bad. Yes, Now some people, 338 00:17:21,200 --> 00:17:24,840 Speaker 4: moral people would start there and move forward other people 339 00:17:25,960 --> 00:17:29,040 Speaker 4: in a surprisingly large quantity of the American business press. 340 00:17:29,320 --> 00:17:31,639 Speaker 4: So how does it affect the pocket book of the 341 00:17:31,680 --> 00:17:34,520 Speaker 4: average American? Because that's what we care about. 342 00:17:34,680 --> 00:17:38,879 Speaker 1: Even from the morally bad part, it's all bad. So, 343 00:17:39,040 --> 00:17:44,080 Speaker 1: for example, it's both bad morally, but it's also bad financially, 344 00:17:44,600 --> 00:17:45,520 Speaker 1: and tell us why. 345 00:17:45,720 --> 00:17:49,359 Speaker 4: So the story you hear most about is an oil story. 346 00:17:49,520 --> 00:17:52,440 Speaker 4: The price of oil has gone up enormously, up around 347 00:17:52,480 --> 00:17:55,280 Speaker 4: one hundred bucks a barrow right now, that's up about 348 00:17:55,400 --> 00:17:59,000 Speaker 4: two thirds, so it's maybe sixty seventy percent. A rough 349 00:17:59,080 --> 00:18:01,840 Speaker 4: rule of thumb is, because gasoline is made from oil, 350 00:18:02,480 --> 00:18:05,520 Speaker 4: when oil goes up sixty percent, expect gas prices to 351 00:18:05,520 --> 00:18:08,720 Speaker 4: go up sixty percent. And we're on our way there. 352 00:18:08,760 --> 00:18:11,560 Speaker 4: We're probably at least halfway there, depending on which gas 353 00:18:11,600 --> 00:18:14,080 Speaker 4: station you're going to at the moment. And the average 354 00:18:14,080 --> 00:18:18,639 Speaker 4: American spends three thousand dollars a year on gas. So therefore, 355 00:18:18,640 --> 00:18:20,520 Speaker 4: if you're going to spend, say fifty percent more, that's 356 00:18:20,520 --> 00:18:22,800 Speaker 4: a fifteen hundred dollar tack on you this money left 357 00:18:22,840 --> 00:18:24,400 Speaker 4: over at the end of the day. Let me point 358 00:18:24,400 --> 00:18:26,920 Speaker 4: out what's different for the United States. Many people when 359 00:18:26,920 --> 00:18:29,359 Speaker 4: they think about Middle East oil trouble, they think about 360 00:18:29,359 --> 00:18:33,399 Speaker 4: the nineteen seventies stagflation, Karta lines of gas stations, and 361 00:18:33,400 --> 00:18:36,240 Speaker 4: so on. No, that's the wrong model. It's the wrong 362 00:18:36,240 --> 00:18:39,120 Speaker 4: model because subsequently the US has gone from being very 363 00:18:39,240 --> 00:18:44,760 Speaker 4: energy dependent to roughly all because of a lot of things. 364 00:18:44,800 --> 00:18:49,199 Speaker 4: Actually we're roughly energy independent. The most important thing there, 365 00:18:49,200 --> 00:18:53,520 Speaker 4: by the way, is that we produce more GDP per 366 00:18:53,560 --> 00:18:56,120 Speaker 4: barrel of oil than wherever did before, which is would 367 00:18:56,160 --> 00:18:59,320 Speaker 4: become more efficient. And also we're a service economy. It 368 00:18:59,359 --> 00:19:01,880 Speaker 4: turns out that, as Molly types away at the other 369 00:19:01,960 --> 00:19:04,399 Speaker 4: end of this inter view, she's not using a lot 370 00:19:04,440 --> 00:19:06,679 Speaker 4: of oil, whereas in the old days when she went 371 00:19:06,720 --> 00:19:09,399 Speaker 4: to her manufacturing job, she was using a lot. So 372 00:19:10,640 --> 00:19:13,280 Speaker 4: we're roughly energy independent. That means what we saw in 373 00:19:13,320 --> 00:19:17,800 Speaker 4: the seventies was stagflation. We both got inflationary impact, and 374 00:19:17,880 --> 00:19:21,320 Speaker 4: also it really destroyed the economy this time. Where let 375 00:19:21,359 --> 00:19:23,280 Speaker 4: me there's several layers of this. I'm going to start 376 00:19:23,280 --> 00:19:26,480 Speaker 4: at the top level and work two details. We're roughly 377 00:19:26,600 --> 00:19:29,040 Speaker 4: energy independent. What does that mean? We make about as 378 00:19:29,080 --> 00:19:32,720 Speaker 4: much oil as we use. Now, if you're an energy nerd, 379 00:19:32,760 --> 00:19:34,240 Speaker 4: you'll come and see we make a different kind of 380 00:19:34,280 --> 00:19:36,439 Speaker 4: oil than what we blah blah blah, stop being an 381 00:19:36,520 --> 00:19:38,719 Speaker 4: energy If we make as much as we use, then 382 00:19:38,720 --> 00:19:42,679 Speaker 4: if the price goes up, nothing happens on average. So 383 00:19:42,760 --> 00:19:45,040 Speaker 4: that means the US is actually not very affected by 384 00:19:45,080 --> 00:19:48,240 Speaker 4: the oil story. That's the first layer. Now you might say, hey, 385 00:19:48,240 --> 00:19:50,040 Speaker 4: wait a minute, I'm paying a lot more for gas, 386 00:19:50,040 --> 00:19:52,320 Speaker 4: and you said, and so are a lot of other Americans, 387 00:19:53,040 --> 00:19:54,959 Speaker 4: And you said, we come out of even. How's that 388 00:19:55,000 --> 00:19:58,560 Speaker 4: even possible. It's because this is the second level. It's 389 00:19:58,600 --> 00:20:01,919 Speaker 4: actually a major redistribution. The gas price goes up, and 390 00:20:01,960 --> 00:20:04,359 Speaker 4: those of us who use gas. I live in the 391 00:20:04,400 --> 00:20:07,720 Speaker 4: suburbs of ann Arbor, Michigan. I'm in the heartland Real America. 392 00:20:07,760 --> 00:20:10,119 Speaker 4: We drive to work here. I mean, I understand elite 393 00:20:10,119 --> 00:20:10,920 Speaker 4: New Yorkers. 394 00:20:10,600 --> 00:20:13,160 Speaker 1: Don't real America. 395 00:20:13,680 --> 00:20:16,879 Speaker 4: That's right, Yeah, here to represent. One day, we'll have 396 00:20:16,880 --> 00:20:20,200 Speaker 4: a competition. We'll figure out who's more real. Five shots. 397 00:20:20,480 --> 00:20:23,000 Speaker 4: Five shots in your coffee makes you a good chance, 398 00:20:23,320 --> 00:20:27,160 Speaker 4: actually the size of that coffee. Let's not get distracted. 399 00:20:27,280 --> 00:20:29,440 Speaker 1: You are way more real American than I am. And 400 00:20:29,480 --> 00:20:31,320 Speaker 1: my grandparents were born in this country. 401 00:20:31,400 --> 00:20:35,439 Speaker 4: Continue great a lot of gas. So families are spending 402 00:20:35,440 --> 00:20:37,159 Speaker 4: more on gas. Well, how do we come out of. 403 00:20:37,119 --> 00:20:41,160 Speaker 1: I means they're spending less, They're spending less on other stuff. 404 00:20:41,600 --> 00:20:44,480 Speaker 4: How does the country as a whole come out of even? Well, 405 00:20:44,520 --> 00:20:47,879 Speaker 4: the folks who drill for oil are now getting more 406 00:20:47,920 --> 00:20:57,280 Speaker 4: dollars for every barrel, So folks, and yeah, so some 407 00:20:57,320 --> 00:20:59,879 Speaker 4: of it will be the oil companies, some of the 408 00:21:00,160 --> 00:21:02,400 Speaker 4: be the workers. I'm sure we'll get a few extra shifts. 409 00:21:03,040 --> 00:21:05,280 Speaker 4: Some of it will be the low rounds because the 410 00:21:05,320 --> 00:21:08,399 Speaker 4: workers who worked an extra shift need another coffee, but 411 00:21:08,960 --> 00:21:12,320 Speaker 4: probably not many of our audience. And so there's a 412 00:21:12,400 --> 00:21:18,160 Speaker 4: major redistribution from households to oil producing regions and oil companies. 413 00:21:18,520 --> 00:21:19,840 Speaker 2: Right, the heartwarming story. 414 00:21:20,119 --> 00:21:23,560 Speaker 4: Yeah, now realize it's really important to realize. America may 415 00:21:23,600 --> 00:21:27,240 Speaker 4: be roughly energy independent, but Europe is not. And so 416 00:21:27,400 --> 00:21:31,240 Speaker 4: every time the US has the US stock market, for instance, 417 00:21:31,280 --> 00:21:33,000 Speaker 4: has gone down a little bit, the Europeans have gone 418 00:21:33,040 --> 00:21:35,560 Speaker 4: down a lot. So the right way of thinking about 419 00:21:36,160 --> 00:21:38,159 Speaker 4: this is it's not like the nineteen seventies. It's like 420 00:21:38,200 --> 00:21:40,480 Speaker 4: twenty two. Twenty twenty two is when we had problems 421 00:21:40,520 --> 00:21:44,679 Speaker 4: in world oil markets because of Putin, Ukraine, sanctions and 422 00:21:44,720 --> 00:21:47,159 Speaker 4: so on. Basically we lost a ton of Right with 423 00:21:47,240 --> 00:21:50,800 Speaker 4: a win, the American economy kept on keeping on. You 424 00:21:50,840 --> 00:21:53,720 Speaker 4: and I paid Morpha gas at the tank, but the 425 00:21:54,000 --> 00:21:58,280 Speaker 4: economy kept keeping on. In Europe, they freaked out. If 426 00:21:58,320 --> 00:22:00,520 Speaker 4: you remember, if you went to European period, told to 427 00:22:00,560 --> 00:22:03,399 Speaker 4: European policy mic is an economist, energy was just a 428 00:22:03,440 --> 00:22:07,200 Speaker 4: huge deal. That's where they are right now. Okay, that's 429 00:22:07,240 --> 00:22:09,960 Speaker 4: the oil story. The one thing I really want to 430 00:22:09,960 --> 00:22:13,440 Speaker 4: emphasize is it's not the whole story. The I think 431 00:22:13,440 --> 00:22:16,840 Speaker 4: the American media the oil story is the easiest story 432 00:22:16,840 --> 00:22:18,760 Speaker 4: to tell. You're like, oh, I don't know anything about 433 00:22:18,760 --> 00:22:23,440 Speaker 4: the Middle East. All the countries have complicated times to pronounce. 434 00:22:24,119 --> 00:22:26,439 Speaker 4: Sometimes I accidentally say a rock when I'm in Iran. 435 00:22:26,880 --> 00:22:28,359 Speaker 4: You know it's there's a strike. 436 00:22:29,760 --> 00:22:32,800 Speaker 1: There's nobody our age who says a rock or a rock. 437 00:22:32,840 --> 00:22:34,280 Speaker 1: Who confuses a rock or iron? 438 00:22:35,080 --> 00:22:36,720 Speaker 2: We know that a rock. 439 00:22:38,119 --> 00:22:40,760 Speaker 1: We had a rock nophobia, and now. 440 00:22:42,480 --> 00:22:46,159 Speaker 4: That wasphobia like spiders. 441 00:22:46,520 --> 00:22:48,320 Speaker 2: Yeah, yeah, exactly did you mean it? 442 00:22:48,480 --> 00:22:48,600 Speaker 4: So? 443 00:22:48,800 --> 00:22:54,800 Speaker 1: I mean I, yes, Oh I came of eight and 444 00:22:54,840 --> 00:22:57,360 Speaker 1: where the age really came of age during Golf four 445 00:22:57,520 --> 00:23:01,679 Speaker 1: one and Golf four two. We know thatraphy there, right, Okay, 446 00:23:02,040 --> 00:23:03,440 Speaker 1: But so a lot of people are like, oh, the 447 00:23:03,480 --> 00:23:04,320 Speaker 1: Middle East, that's oil. 448 00:23:04,400 --> 00:23:06,320 Speaker 4: Let's just talk about oil now. What I want to 449 00:23:06,359 --> 00:23:09,080 Speaker 4: do is say, actually, this is a wool right. So 450 00:23:09,080 --> 00:23:10,840 Speaker 4: we just took about the oil channels. The old Channel's 451 00:23:10,880 --> 00:23:13,199 Speaker 4: not too bad for the US, it's terrible for the war. 452 00:23:13,400 --> 00:23:16,800 Speaker 1: Right. But but there's another thing I want to talk 453 00:23:16,800 --> 00:23:19,840 Speaker 1: about because I think it's really important that relates to 454 00:23:19,880 --> 00:23:22,119 Speaker 1: all of this, and Jesse's going to kill us, but whatever, 455 00:23:22,200 --> 00:23:25,040 Speaker 1: which is, when I was growing up and you were 456 00:23:25,040 --> 00:23:28,520 Speaker 1: growing up in the nineties, the Middle East did not 457 00:23:28,680 --> 00:23:32,480 Speaker 1: have the kind of tourism that it does now. And 458 00:23:32,960 --> 00:23:36,000 Speaker 1: it is there is like there is a lot of 459 00:23:36,040 --> 00:23:38,520 Speaker 1: money in the Middle East that is not related to oil, 460 00:23:38,920 --> 00:23:42,520 Speaker 1: and that's new in the last twenty years. And I 461 00:23:42,560 --> 00:23:46,040 Speaker 1: did it. I mean and tourism and people living there 462 00:23:46,040 --> 00:23:47,200 Speaker 1: to not pay taxes. 463 00:23:47,760 --> 00:23:49,920 Speaker 4: Yeah, I was gonna say much of this is unrelated 464 00:23:49,960 --> 00:23:52,320 Speaker 4: to oil, which is they build these beautiful shining cities 465 00:23:52,320 --> 00:23:56,159 Speaker 4: in the desert with oil money and then it becomes 466 00:23:56,240 --> 00:23:57,480 Speaker 4: kind of interesting in don't. 467 00:23:57,440 --> 00:24:01,200 Speaker 1: Visit, right, But that so the point of this story 468 00:24:01,320 --> 00:24:06,120 Speaker 1: is that that also that affects that economy is being affected. 469 00:24:05,880 --> 00:24:08,360 Speaker 4: Right, Oh absolutely, the Middle East absolutely, yeah. 470 00:24:08,800 --> 00:24:11,560 Speaker 2: So I mean, and that has it's being affected because. 471 00:24:11,280 --> 00:24:13,399 Speaker 4: They're oil dependent. I mean, they can't get this. 472 00:24:14,000 --> 00:24:17,160 Speaker 1: I mean, it's affecting the larger American economy to have 473 00:24:17,320 --> 00:24:21,840 Speaker 1: that offline. And for example, like so much travel and 474 00:24:21,880 --> 00:24:26,200 Speaker 1: trade goes through Dubai and the Emirates and now travel 475 00:24:26,200 --> 00:24:29,040 Speaker 1: and trade and that's where we get to Hormos, the 476 00:24:29,040 --> 00:24:31,640 Speaker 1: Straits of Hermose. So let's go through that too. 477 00:24:32,320 --> 00:24:36,520 Speaker 4: Yeah, okay, right, so it turns out sorry, So when 478 00:24:36,520 --> 00:24:38,760 Speaker 4: I said Iran is an oil story, it's a lightly 479 00:24:38,800 --> 00:24:41,040 Speaker 4: more complicated oil story. So with a rock, we just 480 00:24:41,080 --> 00:24:41,600 Speaker 4: bummed the art. 481 00:24:41,680 --> 00:24:43,720 Speaker 2: It's a trade issue too, go on. 482 00:24:43,920 --> 00:24:47,480 Speaker 4: There's something called the stride of hormos. As of today, 483 00:24:47,520 --> 00:24:52,320 Speaker 4: everyone's in a reigning geography expert, particularly me. The Strait 484 00:24:52,480 --> 00:24:54,679 Speaker 4: is like four miles. If you want to get a 485 00:24:54,720 --> 00:24:57,480 Speaker 4: tanker at you to go through four miles. The point 486 00:24:57,520 --> 00:24:59,640 Speaker 4: about it being four miles across is you don't need 487 00:24:59,720 --> 00:25:02,119 Speaker 4: much of military to make it terrifying to go through. 488 00:25:02,840 --> 00:25:04,840 Speaker 4: And if you're the captain of a big tanker that's 489 00:25:04,880 --> 00:25:07,800 Speaker 4: full of oil, you prefer not to go places where 490 00:25:07,840 --> 00:25:12,159 Speaker 4: there are drones and mines want to blow you up. Yeah, 491 00:25:12,440 --> 00:25:17,520 Speaker 4: and you can't get insured, so once you die in flames, 492 00:25:17,840 --> 00:25:19,359 Speaker 4: you won't get a big payout either. 493 00:25:21,520 --> 00:25:23,200 Speaker 3: So Iran. 494 00:25:24,119 --> 00:25:26,680 Speaker 4: Roughly twenty percent of the world's oil goes through the Strait. 495 00:25:26,960 --> 00:25:29,760 Speaker 4: No one can send oil through the Strait. That means 496 00:25:29,760 --> 00:25:32,560 Speaker 4: folks are in the Middle East actually stopping their oil 497 00:25:32,640 --> 00:25:36,480 Speaker 4: production right now because all their storage facilities are full, 498 00:25:36,520 --> 00:25:38,840 Speaker 4: so there's no way to put the oil that supply 499 00:25:39,000 --> 00:25:41,679 Speaker 4: shock so there's less supply of oil under the world market, 500 00:25:42,320 --> 00:25:44,480 Speaker 4: and you might say, well, nothing's happening in the United 501 00:25:44,480 --> 00:25:46,440 Speaker 4: States wise, the price of oil and gas in the 502 00:25:46,520 --> 00:25:49,879 Speaker 4: United States going up, and the reasons very simple. For 503 00:25:49,960 --> 00:25:52,520 Speaker 4: an American oil company, if someone abroad will pay one 504 00:25:52,600 --> 00:25:54,359 Speaker 4: hundred bucks for a barrel, you'll never sell it to 505 00:25:54,440 --> 00:25:57,320 Speaker 4: an American for ninety nine a barrel. So we are 506 00:25:57,600 --> 00:26:00,360 Speaker 4: energy independent in the sense that we produce as many 507 00:26:00,400 --> 00:26:05,520 Speaker 4: barrels as we need, but where price dependent, because those 508 00:26:05,560 --> 00:26:08,639 Speaker 4: barrels are priced on world markets. As far as I 509 00:26:08,680 --> 00:26:11,800 Speaker 4: can tell, despite the fact that almost everyone's first instinct 510 00:26:11,840 --> 00:26:14,720 Speaker 4: when talking about the Middle East is to say oil, oil, sharks, 511 00:26:15,240 --> 00:26:18,240 Speaker 4: oil is important for the economy as far as I 512 00:26:18,280 --> 00:26:20,760 Speaker 4: can till the administration appears not to have thought through 513 00:26:20,800 --> 00:26:23,720 Speaker 4: the idea that invading Iran would have impacts on global 514 00:26:23,720 --> 00:26:28,240 Speaker 4: oil markets. I don't do in depth White House reporting. 515 00:26:28,320 --> 00:26:32,040 Speaker 1: Right all evidence supports this deposition. I want you to 516 00:26:32,119 --> 00:26:36,200 Speaker 1: talk about the thing that this White House has now 517 00:26:36,280 --> 00:26:40,480 Speaker 1: done to put a patch on the problem, which is 518 00:26:40,880 --> 00:26:47,159 Speaker 1: and sanctions on Russian oil, thus making Vladimir Putin a 519 00:26:47,359 --> 00:26:49,320 Speaker 1: very happy young man. 520 00:26:49,720 --> 00:26:54,520 Speaker 4: So after they invade Iran and after they discover that's 521 00:26:54,520 --> 00:26:57,480 Speaker 4: got something to do with oil. And after oil rises, 522 00:26:57,800 --> 00:27:02,440 Speaker 4: and after gas prices rise, when oil price rise, Susie Wiles, 523 00:27:02,480 --> 00:27:08,440 Speaker 4: the Chief of Staff, runs around the White House saying, oh, yeah, right, 524 00:27:08,600 --> 00:27:09,480 Speaker 4: you have an Apple Watch. 525 00:27:13,600 --> 00:27:16,040 Speaker 1: Yeah, because that's when the people saw the pictures. They 526 00:27:16,040 --> 00:27:18,800 Speaker 1: were like, she has an Apple Watch. That's a security bridge. 527 00:27:18,960 --> 00:27:21,040 Speaker 2: And then she was like, no, i have a wop 528 00:27:21,960 --> 00:27:22,720 Speaker 2: that's a fun way. 529 00:27:23,080 --> 00:27:27,119 Speaker 1: I'm very focused on the very irrelevant details continue. 530 00:27:27,560 --> 00:27:30,919 Speaker 4: So she walks around and she says, hey, does anyone 531 00:27:30,920 --> 00:27:33,440 Speaker 4: have any ideas on how to get gas prices down? Now, 532 00:27:33,880 --> 00:27:36,160 Speaker 4: I'm glad she did that because no one in human 533 00:27:36,240 --> 00:27:38,639 Speaker 4: history has ever thought that. She's probably the first person 534 00:27:38,640 --> 00:27:40,040 Speaker 4: in the White House to say, I wonder if there's 535 00:27:40,040 --> 00:27:42,399 Speaker 4: why of getting gas prices down? That was snarcasm in 536 00:27:42,400 --> 00:27:45,520 Speaker 4: an Australian accent, right, right, I have to announce it. 537 00:27:45,760 --> 00:27:48,960 Speaker 4: I've learned it says that you can't. Well, actually they're 538 00:27:48,960 --> 00:27:50,719 Speaker 4: really clever. They figured out a way. What you need 539 00:27:50,760 --> 00:27:52,600 Speaker 4: to do is increase the supply of oil. How could 540 00:27:52,640 --> 00:27:57,359 Speaker 4: we do that? We've isolated Russia because they invaded Iran, 541 00:27:57,440 --> 00:27:59,639 Speaker 4: and I said, what if we unisolated them? You know, 542 00:28:00,240 --> 00:28:03,840 Speaker 4: like I mean, we're bombing around for no reason. We 543 00:28:03,960 --> 00:28:08,560 Speaker 4: used to why not on Ukraine's side for a good reason? Right, 544 00:28:09,440 --> 00:28:13,000 Speaker 4: why not give up in Ukraine in order to help 545 00:28:13,080 --> 00:28:16,760 Speaker 4: us at home because the trouble caused by a run. 546 00:28:17,280 --> 00:28:20,679 Speaker 4: So they said we're going to unsanction a small amount 547 00:28:20,680 --> 00:28:23,159 Speaker 4: of Russian oil. Turns out the thing is when it's 548 00:28:23,160 --> 00:28:25,120 Speaker 4: a small amount that's doing a lot of work there. 549 00:28:25,119 --> 00:28:28,440 Speaker 4: They announced this and it basically there's no effect. Yeah, 550 00:28:28,520 --> 00:28:31,399 Speaker 4: and you also saw big countries say that they were 551 00:28:31,400 --> 00:28:35,240 Speaker 4: going to release oil from their strategic reserves. But again, 552 00:28:36,119 --> 00:28:37,919 Speaker 4: these reserves are not particularly large. 553 00:28:38,240 --> 00:28:43,200 Speaker 1: What did America not have a strategic reserve because Donald 554 00:28:43,240 --> 00:28:44,920 Speaker 1: Trump was waiting for it to get cheaper. 555 00:28:47,080 --> 00:28:49,680 Speaker 4: So if you we do have a strategic petroleum reserve, 556 00:28:50,120 --> 00:28:52,520 Speaker 4: but we didn't refill it. We let it run down 557 00:28:52,880 --> 00:28:56,080 Speaker 4: during the Biden years. Now, if you're about to go 558 00:28:56,160 --> 00:28:58,720 Speaker 4: into a run, I know the president's very good at this, 559 00:28:58,760 --> 00:29:01,360 Speaker 4: you would think to yourself, prices are about to rise. 560 00:29:01,360 --> 00:29:03,920 Speaker 4: So what did I buy low and sell high? If 561 00:29:03,920 --> 00:29:05,560 Speaker 4: that was too difficult for the president. I have a 562 00:29:05,600 --> 00:29:09,000 Speaker 4: funny feeling if he called Baron in and said, hey, Baron, 563 00:29:09,080 --> 00:29:10,560 Speaker 4: here's what I'm going to do. How are you going 564 00:29:10,640 --> 00:29:12,760 Speaker 4: to trade on your private account? Baron would have said, 565 00:29:12,800 --> 00:29:15,360 Speaker 4: I know, I'm going to buy oil while it's cheap, 566 00:29:15,360 --> 00:29:18,440 Speaker 4: and maybe then i'll have it when it's expensive. But anyway, 567 00:29:18,480 --> 00:29:20,840 Speaker 4: no one did that with the Strategic Petroleum Reserve, so 568 00:29:20,960 --> 00:29:23,120 Speaker 4: it remains half empty. They could have spent a few 569 00:29:23,120 --> 00:29:26,440 Speaker 4: months just sloshing it full of oil before they went in, 570 00:29:26,640 --> 00:29:29,640 Speaker 4: but they didn't, so we lost that opportunity as well. 571 00:29:29,720 --> 00:29:33,160 Speaker 4: So this is the sense which is literally no evidence 572 00:29:33,200 --> 00:29:35,360 Speaker 4: of planning. There's also a bunch of Americans in the 573 00:29:35,400 --> 00:29:37,840 Speaker 4: Middle East. They forgot to get them out? 574 00:29:37,680 --> 00:29:37,880 Speaker 3: At me? 575 00:29:38,040 --> 00:29:39,240 Speaker 2: Are they getting them out now? 576 00:29:39,680 --> 00:29:40,080 Speaker 3: Slowly? 577 00:29:40,840 --> 00:29:42,440 Speaker 4: Are they getting them out now? Do you know more 578 00:29:42,480 --> 00:29:42,760 Speaker 4: than I do? 579 00:29:42,920 --> 00:29:43,160 Speaker 3: Mai? 580 00:29:43,880 --> 00:29:47,560 Speaker 2: No, all right, I did not. Justin Wolfer's well can 581 00:29:47,600 --> 00:29:48,120 Speaker 2: you come back? 582 00:29:49,800 --> 00:29:52,240 Speaker 4: I will, But I'm going to tell you that being 583 00:29:52,280 --> 00:29:58,920 Speaker 4: interviewed from a bed feels unprofessional, and I'm going to 584 00:29:59,000 --> 00:29:59,840 Speaker 4: go and talk to hr. 585 00:30:00,680 --> 00:30:07,880 Speaker 1: Yes you must, you must. Gina Henna Josa is a 586 00:30:07,880 --> 00:30:11,600 Speaker 1: member of the Texas House of Representatives representing the forty 587 00:30:11,680 --> 00:30:15,200 Speaker 1: ninth District and the Democratic nominee for the Governor of 588 00:30:15,240 --> 00:30:17,440 Speaker 1: the Great State of Texas. 589 00:30:17,800 --> 00:30:21,280 Speaker 5: Welcome, Welcome, Gina, Thank you, it's great to be with you. 590 00:30:21,640 --> 00:30:26,600 Speaker 1: So you are running as the Democratic candidate for governor 591 00:30:26,760 --> 00:30:30,680 Speaker 1: in the great state of Texas, running against Greg Abbott. 592 00:30:30,800 --> 00:30:37,840 Speaker 5: Discuss Look all across the state right now, people are excited, 593 00:30:37,880 --> 00:30:40,080 Speaker 5: people are showing up, people are engaged. We just had 594 00:30:40,120 --> 00:30:43,320 Speaker 5: our primary elections last week where I was elected in 595 00:30:43,320 --> 00:30:46,600 Speaker 5: the field of nine Democrats running for governor. I won 596 00:30:46,720 --> 00:30:50,320 Speaker 5: outright without a runoff. In Texas, you have to get 597 00:30:50,360 --> 00:30:54,520 Speaker 5: over fifty percent of the vote to avoid a competition 598 00:30:54,520 --> 00:30:57,520 Speaker 5: of runoff between the top two vote getters, and so 599 00:30:57,560 --> 00:30:59,920 Speaker 5: I was able to clear that. But what we saw 600 00:31:00,080 --> 00:31:03,560 Speaker 5: across the state in these primary elections is that a 601 00:31:03,600 --> 00:31:07,080 Speaker 5: lot more Democrats showed up to vote than Republicans, which 602 00:31:07,120 --> 00:31:10,440 Speaker 5: is a new thing here right We haven't experienced anything 603 00:31:10,480 --> 00:31:13,440 Speaker 5: like that since two thousand and eight. So already this 604 00:31:13,600 --> 00:31:18,200 Speaker 5: midterm election in Texas has been historic and it tracks 605 00:31:18,760 --> 00:31:22,320 Speaker 5: with what we're seeing all across the state where people 606 00:31:22,360 --> 00:31:25,440 Speaker 5: are showing up, people are electing Democrats where we haven't 607 00:31:25,440 --> 00:31:30,320 Speaker 5: elected Democrats in decades, sometimes ever. And it's like finally 608 00:31:30,640 --> 00:31:34,760 Speaker 5: people woke up. They woke up to the gript, the corruption. 609 00:31:35,040 --> 00:31:41,000 Speaker 5: It's impacting them directly. Their families, and once people understand 610 00:31:41,040 --> 00:31:43,880 Speaker 5: their power and we've had some wins, then they're hooked. 611 00:31:44,200 --> 00:31:46,440 Speaker 5: So like Ran County and Tarrant County, where we just 612 00:31:46,560 --> 00:31:52,560 Speaker 5: flipped a deeply Republican Gerrymanderd Senate seat. We flipped that 613 00:31:53,080 --> 00:31:55,560 Speaker 5: a few weeks ago in a special election, and then 614 00:31:55,640 --> 00:32:00,960 Speaker 5: they had crazy turnouts in the regular primary Electionmocrats way 615 00:32:01,120 --> 00:32:06,560 Speaker 5: overperformed and voted in bigger numbers than Republicans. So it's like, 616 00:32:06,960 --> 00:32:09,320 Speaker 5: once you know what, do you feel your power, you're hooked. 617 00:32:09,720 --> 00:32:12,720 Speaker 1: So let's talk about that. There were more Democrats voting 618 00:32:13,040 --> 00:32:16,920 Speaker 1: than Republicans in the primers that said, And actually I 619 00:32:16,960 --> 00:32:20,120 Speaker 1: was looking at the numbers and it was like one 620 00:32:20,400 --> 00:32:24,720 Speaker 1: point to what for the Democrats one point four one. 621 00:32:24,600 --> 00:32:27,120 Speaker 5: Point four million? Are you saying that voted? I don't 622 00:32:27,160 --> 00:32:28,640 Speaker 5: have the specific numbers. Is that what? 623 00:32:28,840 --> 00:32:30,040 Speaker 2: But it's something like that. 624 00:32:30,480 --> 00:32:31,000 Speaker 5: Yeah. 625 00:32:31,120 --> 00:32:33,000 Speaker 1: But Texas tends to be a state with a lot 626 00:32:33,000 --> 00:32:35,440 Speaker 1: of independence too, right, well more and more. 627 00:32:35,920 --> 00:32:38,680 Speaker 5: And I think we're just in a time where people 628 00:32:38,760 --> 00:32:42,800 Speaker 5: are kind of throwing off partisan labels, right because government's broken. 629 00:32:42,960 --> 00:32:48,280 Speaker 5: Politics is broken. People are angry at everybody, establishment, everybody, right, 630 00:32:48,640 --> 00:32:52,160 Speaker 5: and so we have a lot of Independence. What is 631 00:32:52,200 --> 00:32:55,800 Speaker 5: happening with independence in Texas? Like our poll, our only 632 00:32:55,840 --> 00:32:58,280 Speaker 5: pull of this campaign shows me beating Greg Aabbott by 633 00:32:58,320 --> 00:33:03,280 Speaker 5: thirteen points. There was a like a conservative leaning public poll, 634 00:33:03,440 --> 00:33:07,120 Speaker 5: the Emerson Pole. It had me beating Greg Abbott with 635 00:33:07,240 --> 00:33:11,400 Speaker 5: Independence by thirteen points. Bet though was losing Independence by 636 00:33:11,480 --> 00:33:14,280 Speaker 5: thirteen points when he ran against Abbott. It's not that 637 00:33:14,360 --> 00:33:16,600 Speaker 5: I'm a better candidate, it's just it's a better time. 638 00:33:16,800 --> 00:33:19,400 Speaker 1: I would love you to talk us through your biography 639 00:33:19,480 --> 00:33:22,080 Speaker 1: a little bit about where you come from in Texas. 640 00:33:22,320 --> 00:33:27,000 Speaker 5: Yeah. So I'm originally from the Rio Grande Valley, South Texas, Bordertown, Brownsville. 641 00:33:27,120 --> 00:33:29,600 Speaker 5: Went to public school there, and in fact, that's where 642 00:33:29,600 --> 00:33:33,120 Speaker 5: we launched this campaign. I never met to run for 643 00:33:33,200 --> 00:33:36,640 Speaker 5: any office. I made my husband promise to never run 644 00:33:36,680 --> 00:33:39,520 Speaker 5: for any office. That's how much I did not want 645 00:33:40,000 --> 00:33:43,720 Speaker 5: this to be part of our life. But sometimes like 646 00:33:43,800 --> 00:33:46,520 Speaker 5: as other plans, and my said school wasn't going to 647 00:33:46,560 --> 00:33:49,360 Speaker 5: be shut down. He was in kindergarten, so I was 648 00:33:49,440 --> 00:33:51,560 Speaker 5: just a mad mom. I ran for the school board. 649 00:33:51,680 --> 00:33:54,560 Speaker 5: I won. We stopped the closure of our neighborhood schools 650 00:33:54,760 --> 00:33:57,760 Speaker 5: and then from there I figured out that the reason 651 00:33:57,800 --> 00:33:59,960 Speaker 5: our schools are shutting down. Is because the state takes 652 00:34:00,160 --> 00:34:02,200 Speaker 5: our money and doesn't put it back into schools to 653 00:34:02,280 --> 00:34:04,080 Speaker 5: put them back into our neighborhoods, doesn't put it back 654 00:34:04,080 --> 00:34:06,880 Speaker 5: into our needs. So I ran for the Texas House 655 00:34:06,920 --> 00:34:10,520 Speaker 5: and that's where I've been fighting against Greg Abbott's disastrous 656 00:34:10,560 --> 00:34:14,719 Speaker 5: policies for our schools and for our communities. And my 657 00:34:15,280 --> 00:34:19,200 Speaker 5: conclusion watching Greg Abbott and fighting Greg Abbott in the 658 00:34:19,239 --> 00:34:23,880 Speaker 5: Texas House is everything is driven by grift and corruption. 659 00:34:24,120 --> 00:34:28,719 Speaker 5: We are all paying the Greg Abbot corruption tax in Texas. 660 00:34:28,960 --> 00:34:33,839 Speaker 5: We just passed a billion dollar voucher scam last year. 661 00:34:34,239 --> 00:34:37,239 Speaker 5: Governor Abbot got ten million dollars from an out of 662 00:34:37,320 --> 00:34:41,080 Speaker 5: state billionaire at Jeff Yaz who has a financial interests 663 00:34:41,120 --> 00:34:44,239 Speaker 5: in this voucher right, so he turned his back on 664 00:34:44,280 --> 00:34:47,600 Speaker 5: our public schools, turned his back on Texans because public 665 00:34:47,680 --> 00:34:53,319 Speaker 5: schools are really a very Texas notion, right, They're part 666 00:34:53,320 --> 00:34:56,560 Speaker 5: of our identity. They're enshrined in our Texas Constitution that 667 00:34:56,560 --> 00:34:59,759 Speaker 5: we shall support our public schools. It is Friday night light. 668 00:35:00,080 --> 00:35:03,040 Speaker 5: It is the only option for most of our counties, 669 00:35:03,280 --> 00:35:06,880 Speaker 5: the rural counties in Texas, and so in lots of 670 00:35:06,920 --> 00:35:10,919 Speaker 5: ways people could not believe that our governor would do that. 671 00:35:11,360 --> 00:35:15,000 Speaker 5: It is the corruption, the grift that explains most of 672 00:35:15,040 --> 00:35:19,080 Speaker 5: his policy his big policy positions in this state, and 673 00:35:19,120 --> 00:35:20,719 Speaker 5: people are rising up to it. 674 00:35:21,040 --> 00:35:26,160 Speaker 1: So we've seen before things like this happen where governors 675 00:35:26,480 --> 00:35:30,480 Speaker 1: whereas state will turn on Republican leadership. Kansas is a 676 00:35:30,480 --> 00:35:34,480 Speaker 1: good example where you know it's just too much. There 677 00:35:34,640 --> 00:35:37,239 Speaker 1: hits this sort of tipping point. Do you think that 678 00:35:37,480 --> 00:35:39,800 Speaker 1: you guys are at that tipping point? 679 00:35:40,000 --> 00:35:40,399 Speaker 2: I do. 680 00:35:40,719 --> 00:35:44,560 Speaker 5: Governor Abbott has been there twelve years. He wants to 681 00:35:44,600 --> 00:35:47,120 Speaker 5: be elected to another term, which would put him at 682 00:35:47,320 --> 00:35:50,560 Speaker 5: sixteen years. He would be the longest serving governor in 683 00:35:50,640 --> 00:35:53,160 Speaker 5: Texas history. First of all, people don't like that he's 684 00:35:53,200 --> 00:35:56,919 Speaker 5: been there long enough, and most Texans are struggling more 685 00:35:57,160 --> 00:35:59,640 Speaker 5: not less after twelve years of Greg Abbott. It's like, 686 00:35:59,640 --> 00:36:02,319 Speaker 5: what's he going to do for us now after twelve 687 00:36:02,400 --> 00:36:05,880 Speaker 5: years that he hasn't already done for us? But we 688 00:36:06,120 --> 00:36:10,919 Speaker 5: have the most uninsured working Texans', most uninsured children. Our 689 00:36:11,360 --> 00:36:14,480 Speaker 5: income is raising at a rate that is slower than 690 00:36:14,520 --> 00:36:18,640 Speaker 5: the national average. Despite Texas being an international or a 691 00:36:18,760 --> 00:36:24,160 Speaker 5: world economic powerhouse. Right, Texans are not benefiting from his leadership. 692 00:36:24,200 --> 00:36:26,920 Speaker 5: Texans are struggling. People are ready for change. The polling, 693 00:36:27,000 --> 00:36:28,880 Speaker 5: our first poll of this campaign shows we're in a 694 00:36:28,880 --> 00:36:32,239 Speaker 5: statistical tie with Greg Abbott. People don't really know who 695 00:36:32,280 --> 00:36:35,680 Speaker 5: I am yet because I'm a Texas house right, so 696 00:36:35,800 --> 00:36:39,160 Speaker 5: I've represented a smaller part of Texas, and so my 697 00:36:39,320 --> 00:36:42,719 Speaker 5: challenge is to get my name profile, tell people what 698 00:36:43,120 --> 00:36:46,000 Speaker 5: I'm about. Greg Abbott's challenge is that people know what 699 00:36:46,040 --> 00:36:49,080 Speaker 5: he's about, and they don't like him. The public polling 700 00:36:49,160 --> 00:36:53,640 Speaker 5: shows he is the most unpopular person on the ballot 701 00:36:54,120 --> 00:36:58,759 Speaker 5: in November, more unpopular than John Cornyan, more unpopular than 702 00:36:58,880 --> 00:37:03,239 Speaker 5: Ken Paxton. So he's in real trouble. He's deeply unpopular. 703 00:37:03,680 --> 00:37:06,520 Speaker 5: He had ten opponents in his primary, which was the 704 00:37:06,560 --> 00:37:10,480 Speaker 5: first time ever, and people are just ready for a change, 705 00:37:10,480 --> 00:37:11,919 Speaker 5: and he just offers more of the same. 706 00:37:12,280 --> 00:37:16,080 Speaker 1: I want to talk about Brownsville. It's basically been taken 707 00:37:16,120 --> 00:37:19,120 Speaker 1: over by Elon Musk. There are a lot of billionaires 708 00:37:19,239 --> 00:37:22,719 Speaker 1: who have moved to that state for the taxes. What 709 00:37:22,840 --> 00:37:24,400 Speaker 1: kind of problems does that present? 710 00:37:24,920 --> 00:37:28,040 Speaker 5: The reason the billionaires move here is because Greg Abbott 711 00:37:28,080 --> 00:37:31,920 Speaker 5: gives them the keys to the castle. Basically, so Brownsville 712 00:37:32,040 --> 00:37:35,440 Speaker 5: is right by South Padre Island, which is the beach 713 00:37:35,719 --> 00:37:38,560 Speaker 5: that so many of us spend summers at. I grew 714 00:37:38,640 --> 00:37:41,720 Speaker 5: up going to booka Chiko beach right on South Padre Island. 715 00:37:42,040 --> 00:37:46,479 Speaker 5: He just gave Elon Musk the sole ability to shut 716 00:37:46,600 --> 00:37:51,320 Speaker 5: down the beach for whenever he wants to to test 717 00:37:51,480 --> 00:37:54,680 Speaker 5: his rockets. This is the public beach. It is enshrined 718 00:37:54,680 --> 00:37:58,000 Speaker 5: in our Texas Constitution that their beaches should be free 719 00:37:58,000 --> 00:38:02,360 Speaker 5: and open to the public. Handed over control of the 720 00:38:02,400 --> 00:38:05,680 Speaker 5: beach and it is anticipated the beaches will be shut 721 00:38:05,719 --> 00:38:09,040 Speaker 5: down three months out of the year. Right, Yeah, So 722 00:38:09,120 --> 00:38:12,680 Speaker 5: that's just one example, but more and more he does 723 00:38:12,800 --> 00:38:17,279 Speaker 5: the bidding of the billionaires. They are feeding off of 724 00:38:17,280 --> 00:38:22,640 Speaker 5: the system that benefits the point one percent at this 725 00:38:22,800 --> 00:38:27,040 Speaker 5: point and using our taxpayer dollars. So yeah, it is 726 00:38:27,200 --> 00:38:31,840 Speaker 5: a big, big problem. We have Larry Ellison here in Austin, 727 00:38:32,400 --> 00:38:37,080 Speaker 5: who is the CEO, founder of Oracle Right, which is 728 00:38:37,760 --> 00:38:42,799 Speaker 5: now in control of TikTok In CBS and parts of 729 00:38:42,840 --> 00:38:47,399 Speaker 5: our military as well. Right, I mean, it's just the 730 00:38:47,440 --> 00:38:54,000 Speaker 5: consolidation of wealth and power is very scary, it is historic, 731 00:38:54,520 --> 00:38:57,279 Speaker 5: and Greg Abbott just paves the way for it here 732 00:38:57,280 --> 00:38:57,880 Speaker 5: in Texas. 733 00:38:58,280 --> 00:38:59,920 Speaker 1: I mean, what would you do if you were going 734 00:39:00,480 --> 00:39:02,160 Speaker 1: give us sort of a sense of what you would 735 00:39:02,160 --> 00:39:03,200 Speaker 1: do when you got in there. 736 00:39:03,560 --> 00:39:05,600 Speaker 5: So I get asked this question. I get asked, like, 737 00:39:05,600 --> 00:39:07,719 Speaker 5: what are the three things? And the problem we have 738 00:39:08,080 --> 00:39:11,719 Speaker 5: is that it's so much more than three things to 739 00:39:11,760 --> 00:39:15,960 Speaker 5: fix what's broken in Texas because we've had thirty years 740 00:39:15,960 --> 00:39:19,919 Speaker 5: of one party role, twelve years of Greg Abbott. There's 741 00:39:20,080 --> 00:39:23,080 Speaker 5: just so much grift baked into the system. So my 742 00:39:23,840 --> 00:39:27,680 Speaker 5: approach would be clean slate, fresh start. We've got to 743 00:39:28,120 --> 00:39:32,879 Speaker 5: just start from scratch when it comes to figuring out 744 00:39:32,960 --> 00:39:36,000 Speaker 5: what our tax payer dollars would go to. I focus 745 00:39:36,040 --> 00:39:38,160 Speaker 5: a lot on public schools because again it is why 746 00:39:38,160 --> 00:39:41,040 Speaker 5: I ran, but public schools. Like if you just home 747 00:39:41,239 --> 00:39:44,440 Speaker 5: in on public schools, it is an example of what 748 00:39:44,520 --> 00:39:47,279 Speaker 5: is wrong with the whole system. So I just got 749 00:39:47,719 --> 00:39:51,480 Speaker 5: off an education panel where we're talking about the vouchers, 750 00:39:52,040 --> 00:39:54,360 Speaker 5: and the vouchers are part of the waste, fraud, and 751 00:39:54,400 --> 00:39:56,840 Speaker 5: abuse in the education system in the stay of Texas. 752 00:39:56,840 --> 00:40:00,919 Speaker 5: But it's like technology vendor contracts that don't really serve 753 00:40:00,960 --> 00:40:06,880 Speaker 5: our kids. It's an accountability system or a testing regime 754 00:40:06,960 --> 00:40:11,040 Speaker 5: that is really about feeding the testing companies, and they 755 00:40:11,080 --> 00:40:14,440 Speaker 5: make hundreds of millions of dollars off of our taxpayer dollars. 756 00:40:14,480 --> 00:40:17,320 Speaker 5: And it's not about kids, right, So if you white 757 00:40:17,400 --> 00:40:20,799 Speaker 5: clean on the vendor contracts and hate teachers, they're worth 758 00:40:20,960 --> 00:40:23,000 Speaker 5: which our teachers are paid ten thousand ars low the 759 00:40:23,040 --> 00:40:27,480 Speaker 5: national average, has smaller class size, fund special education, which 760 00:40:27,520 --> 00:40:30,560 Speaker 5: is the most underfunded part of our school finance system, 761 00:40:30,680 --> 00:40:34,080 Speaker 5: and focus on school safety. There are kids after Uvalde 762 00:40:34,120 --> 00:40:36,440 Speaker 5: who are kept home by their parents because they're afraid 763 00:40:36,440 --> 00:40:39,480 Speaker 5: to send their kids to school. But like, it's not 764 00:40:39,560 --> 00:40:43,520 Speaker 5: rocket science, it's a back to basics approach to governing 765 00:40:44,160 --> 00:40:47,560 Speaker 5: that billionaires don't get rich off of, right, But it's 766 00:40:47,800 --> 00:40:51,520 Speaker 5: actually serves the people of Texas. So that's an example 767 00:40:51,560 --> 00:40:53,360 Speaker 5: of how you would do it in education. But the 768 00:40:53,400 --> 00:40:55,600 Speaker 5: safe thing needs to happen with our healthcare dollars. The 769 00:40:55,640 --> 00:40:58,719 Speaker 5: safe thing needs to happen with our energy dollars, all 770 00:40:58,760 --> 00:41:01,720 Speaker 5: of it, all of it. It needs to be clean slate, 771 00:41:01,920 --> 00:41:05,080 Speaker 5: fresh start, focus on the basic needs of Texans which 772 00:41:05,200 --> 00:41:08,480 Speaker 5: are not getting served today. In the state of Texas. 773 00:41:08,520 --> 00:41:11,319 Speaker 5: It was breaking news within the last forty eight hours 774 00:41:11,360 --> 00:41:15,640 Speaker 5: that Corpus Christi is going to be out of water. Right, 775 00:41:15,760 --> 00:41:18,799 Speaker 5: we all know the story of the grid shutting down 776 00:41:18,920 --> 00:41:22,920 Speaker 5: in Texas, and over seven hundred Texans are estimated to 777 00:41:23,040 --> 00:41:25,719 Speaker 5: have been killed because our electric grid didn't work. So 778 00:41:25,719 --> 00:41:30,640 Speaker 5: it's like these fundamental basics that are not working in again, 779 00:41:30,760 --> 00:41:34,720 Speaker 5: a state that is a world economic powerhouse because government 780 00:41:34,760 --> 00:41:37,879 Speaker 5: does not serve the needs of the people, even though 781 00:41:37,920 --> 00:41:41,160 Speaker 5: the people are paying the price for what is happening 782 00:41:41,160 --> 00:41:41,720 Speaker 5: in government. 783 00:41:41,880 --> 00:41:45,640 Speaker 1: Can you undo some of Abbott's executive orders? And can 784 00:41:45,640 --> 00:41:47,480 Speaker 1: you tell us sort of the craziest ones. 785 00:41:48,200 --> 00:41:52,120 Speaker 5: I can undo all of them. That's the beauty of 786 00:41:52,160 --> 00:41:55,879 Speaker 5: an executive order, you know. Here, let me give you an, 787 00:41:56,000 --> 00:41:59,080 Speaker 5: I think egregious example, and I do think in some 788 00:41:59,160 --> 00:42:02,960 Speaker 5: ways that trumps copied Abbot's playbook when it comes to this. 789 00:42:03,239 --> 00:42:08,760 Speaker 5: In twenty twenty, Abbot started signing emergency executive orders every 790 00:42:08,880 --> 00:42:13,279 Speaker 5: month to wipe clean and to set aside our competitive 791 00:42:13,320 --> 00:42:17,600 Speaker 5: bidding laws, the laws that require the state to evaluate 792 00:42:17,760 --> 00:42:22,279 Speaker 5: any contract proposals to determine who is giving us the 793 00:42:22,320 --> 00:42:25,319 Speaker 5: best price, the best value of the best product. Right 794 00:42:25,400 --> 00:42:28,520 Speaker 5: it protects the taxpayers. So every month since twenty twenty, 795 00:42:28,520 --> 00:42:33,400 Speaker 5: Greg Abbot has signed an emergency executive order waighing those 796 00:42:33,480 --> 00:42:37,000 Speaker 5: competitive bidding laws. And there was a report released about 797 00:42:37,040 --> 00:42:39,320 Speaker 5: four or five months ago that found he's given almost 798 00:42:39,360 --> 00:42:43,560 Speaker 5: a billion dollars in no bid contracts to his donors. 799 00:42:43,760 --> 00:42:47,720 Speaker 5: It's nuts, right, it's and I'm starting to see echoes 800 00:42:47,760 --> 00:42:50,600 Speaker 5: of this at the federal level, where the Trump administration 801 00:42:50,760 --> 00:42:54,279 Speaker 5: is giving out all these non competitive bid contracts and 802 00:42:54,320 --> 00:42:57,840 Speaker 5: declaring some sort of emergency in Texas. It started with 803 00:42:57,880 --> 00:43:01,320 Speaker 5: the pandemic that was a real emergency that continued happening 804 00:43:01,360 --> 00:43:04,279 Speaker 5: for like two years. Then it was border security, then 805 00:43:04,320 --> 00:43:09,040 Speaker 5: it was water, drought, flood, whatever. But there's always something, 806 00:43:09,239 --> 00:43:11,960 Speaker 5: and it's just an abuse of power. It would stop 807 00:43:12,000 --> 00:43:12,800 Speaker 5: when I'm governor. 808 00:43:13,080 --> 00:43:16,279 Speaker 1: I wonder if you could talk to us for a 809 00:43:16,400 --> 00:43:20,920 Speaker 1: minute about how you win this state. Because Republicans have 810 00:43:21,040 --> 00:43:23,680 Speaker 1: a lot of money. They're gonna have a lot of money. 811 00:43:23,719 --> 00:43:26,520 Speaker 1: You got elon, there are a lot of billionaires who 812 00:43:26,560 --> 00:43:28,920 Speaker 1: want to keep Abbot and power. So how do you 813 00:43:28,960 --> 00:43:31,520 Speaker 1: win when you're going to be outspent. 814 00:43:32,080 --> 00:43:34,319 Speaker 5: We need to raise tens of millions of dollars, but 815 00:43:34,400 --> 00:43:36,879 Speaker 5: we don't have to match Abbot dollar for a dollar, 816 00:43:37,000 --> 00:43:40,480 Speaker 5: because again, he is a known quantity and Texans don't 817 00:43:40,560 --> 00:43:42,520 Speaker 5: like him. So we need to raise enough to get 818 00:43:42,560 --> 00:43:45,280 Speaker 5: our name ID out. What we saw in Terran County 819 00:43:45,400 --> 00:43:49,160 Speaker 5: where we flipped that Senate seat is Taylor Ramet, our 820 00:43:49,200 --> 00:43:53,200 Speaker 5: Democratic candidate. He got outspent ten to one. What we 821 00:43:53,280 --> 00:43:57,120 Speaker 5: saw outside of Houston there are school board elections where 822 00:43:57,480 --> 00:44:01,080 Speaker 5: Democrats were up against book book banner, like big money 823 00:44:01,080 --> 00:44:03,760 Speaker 5: book banners who are trying to take over these patriot 824 00:44:03,800 --> 00:44:06,120 Speaker 5: mobile but did people who are trying to take over 825 00:44:06,160 --> 00:44:10,040 Speaker 5: these school districts, And still the Democrats won because people 826 00:44:10,080 --> 00:44:12,480 Speaker 5: saw through the agenda. They were sick and tired of 827 00:44:12,520 --> 00:44:14,719 Speaker 5: what was happening in their schools, and they elected Democrats. 828 00:44:14,760 --> 00:44:17,440 Speaker 5: We've seen the same thing happen in Leander. This is 829 00:44:17,480 --> 00:44:20,319 Speaker 5: all just within the last few months. They flipped a 830 00:44:20,400 --> 00:44:23,359 Speaker 5: mayor's seat and a city council seat, and we saw 831 00:44:23,360 --> 00:44:28,600 Speaker 5: it happen in Robstown. So it's already organically happening in Texas. 832 00:44:29,120 --> 00:44:32,120 Speaker 5: And what we know is that all of the polling 833 00:44:32,200 --> 00:44:35,919 Speaker 5: shows that Greg Abbin is vulnerable. The closest we came 834 00:44:36,320 --> 00:44:40,640 Speaker 5: to flipping in Texas in recent history was Betho in 835 00:44:40,680 --> 00:44:45,840 Speaker 5: twenty eighteen. Beto got sixty four percent of the latinal vote. 836 00:44:46,080 --> 00:44:48,840 Speaker 5: In twenty eighty. When I get sixty four percent of 837 00:44:48,880 --> 00:44:53,160 Speaker 5: the Latinal vote in twenty twenty six, I win because 838 00:44:53,160 --> 00:44:57,480 Speaker 5: there's more Latinos in the poll since twenty eighteen. Tailor Ramet, 839 00:44:58,000 --> 00:45:02,160 Speaker 5: the Senate candidate, got set even the nine percent of 840 00:45:02,239 --> 00:45:06,839 Speaker 5: the Latinos just about a month ago. Right, So Latinos 841 00:45:06,880 --> 00:45:12,120 Speaker 5: are already open to moving towards Democrats. They are feeling 842 00:45:12,480 --> 00:45:16,800 Speaker 5: targeted isolated by the current administration, by the current government. 843 00:45:16,920 --> 00:45:21,279 Speaker 5: They are targeted as not American enough, not Texan enough. 844 00:45:21,719 --> 00:45:25,920 Speaker 5: There are raids happening that are impacting our families. Literally, 845 00:45:25,960 --> 00:45:29,000 Speaker 5: they're hitting us at home because many Latinos come from 846 00:45:29,040 --> 00:45:33,480 Speaker 5: mixed status families. My mother was born in another country. 847 00:45:33,520 --> 00:45:36,479 Speaker 5: My mother was born in Mexico. My grandmother never became 848 00:45:36,520 --> 00:45:40,560 Speaker 5: a citizen. Right, So targeting indiscriminate of people who have 849 00:45:40,640 --> 00:45:44,360 Speaker 5: been in our country for decades, hard working law biting 850 00:45:44,800 --> 00:45:49,359 Speaker 5: is really angering many in the Latino community. Many people 851 00:45:49,520 --> 00:45:53,200 Speaker 5: consider themselves conservative, right, So in other words, it is 852 00:45:53,239 --> 00:45:56,800 Speaker 5: a perfect storm of opportunity to flip in Texas. 853 00:45:57,239 --> 00:45:59,759 Speaker 1: Whenever I go anywhere, there are two things I hear 854 00:46:00,040 --> 00:46:05,680 Speaker 1: out locally are data centers and ice warehouses. So I 855 00:46:05,760 --> 00:46:09,279 Speaker 1: assume that that is a problem for Texans too. Can 856 00:46:09,320 --> 00:46:10,319 Speaker 1: you talk us through that. 857 00:46:10,800 --> 00:46:15,640 Speaker 5: Yeah, let me start with the ice detention centers. It's 858 00:46:15,680 --> 00:46:19,000 Speaker 5: important that people understand we are the only state in 859 00:46:19,040 --> 00:46:23,439 Speaker 5: the country that allows for little children to be locked 860 00:46:23,480 --> 00:46:26,359 Speaker 5: up with their parents in these detention centers. That's why 861 00:46:26,480 --> 00:46:29,880 Speaker 5: Liam was here in Texas in a detention center. And 862 00:46:29,920 --> 00:46:33,400 Speaker 5: it happened after Greg Abbott received tens of thousands of 863 00:46:33,480 --> 00:46:38,160 Speaker 5: dollars in campaign contributions from the private prison companies that 864 00:46:38,280 --> 00:46:42,359 Speaker 5: now operate these detention centers. He created a new kind 865 00:46:42,400 --> 00:46:45,760 Speaker 5: of licensing for these detention centers to make it legal 866 00:46:45,840 --> 00:46:48,880 Speaker 5: to lock up these little kids with their parents. Like 867 00:46:48,920 --> 00:46:52,680 Speaker 5: anywhere else that would be prosecuted as child abuse. But 868 00:46:52,800 --> 00:46:55,440 Speaker 5: that's the corrupt reality we're dealing with in Texas. And 869 00:46:55,480 --> 00:46:58,080 Speaker 5: I tell you this story because I think it's important 870 00:46:58,440 --> 00:47:02,640 Speaker 5: that we all unders stand. So much of the ugliness 871 00:47:02,640 --> 00:47:05,080 Speaker 5: that is happening in the state and in this country 872 00:47:05,200 --> 00:47:08,799 Speaker 5: is being driven by this level of corruption, the likes 873 00:47:08,840 --> 00:47:12,560 Speaker 5: of which we have not seen before. Right, the data 874 00:47:12,640 --> 00:47:17,840 Speaker 5: centers are growing much faster than communities can get a 875 00:47:17,880 --> 00:47:23,480 Speaker 5: handle of, and there are projections that these data centers 876 00:47:23,520 --> 00:47:28,080 Speaker 5: will cost Texans about six hundred dollars more annually in 877 00:47:28,160 --> 00:47:31,319 Speaker 5: electric bills because of the infrastructure that needs to be 878 00:47:31,400 --> 00:47:34,960 Speaker 5: put in to make these operate well. Of course these 879 00:47:34,960 --> 00:47:38,520 Speaker 5: are run by the wealthiest men in the world. They 880 00:47:38,520 --> 00:47:42,360 Speaker 5: should pay for themselves, right, We need to like at minimum, 881 00:47:42,719 --> 00:47:44,759 Speaker 5: this is just bare minimum. As people are trying to 882 00:47:44,760 --> 00:47:47,120 Speaker 5: figure out what to do with these data centers, they 883 00:47:47,120 --> 00:47:50,680 Speaker 5: should pay for themselves. They need to be their own 884 00:47:50,719 --> 00:47:54,880 Speaker 5: source of electricity. They need to have water that is 885 00:47:55,000 --> 00:47:58,160 Speaker 5: contained within the system so that we're not losing water. 886 00:47:58,280 --> 00:48:00,759 Speaker 5: But also local community should have to say in what 887 00:48:00,920 --> 00:48:04,200 Speaker 5: is happening. And right now, local communities are left behind 888 00:48:04,640 --> 00:48:07,400 Speaker 5: because Greg Abbot. Abbott has promised that Texas will have 889 00:48:07,480 --> 00:48:11,719 Speaker 5: more data centers in any state in the nation, and 890 00:48:11,920 --> 00:48:15,719 Speaker 5: Texans are not down with that. Texans have not been 891 00:48:16,120 --> 00:48:19,800 Speaker 5: consulted on this plan, and so we're engaging with Texans 892 00:48:19,800 --> 00:48:22,640 Speaker 5: all over the state about data centers and even in 893 00:48:23,280 --> 00:48:24,759 Speaker 5: rural Republican communities. 894 00:48:25,160 --> 00:48:28,080 Speaker 2: Gina, thank you, thank you, thank you. I hope you'll 895 00:48:28,080 --> 00:48:28,640 Speaker 2: come back. 896 00:48:28,960 --> 00:48:31,360 Speaker 5: I would love to be back. I need everybody to 897 00:48:31,400 --> 00:48:35,680 Speaker 5: be all in for Texas in this mid term election. 898 00:48:36,239 --> 00:48:38,120 Speaker 5: Can I tell you one more thing that I want 899 00:48:38,120 --> 00:48:41,400 Speaker 5: you to know about why please, Texas is going to 900 00:48:41,400 --> 00:48:45,200 Speaker 5: gain four to five new congressional seats at the end 901 00:48:45,239 --> 00:48:48,240 Speaker 5: of the decade because we're just growing so much faster 902 00:48:48,760 --> 00:48:53,200 Speaker 5: than other states. And what that means is that if 903 00:48:53,239 --> 00:48:56,680 Speaker 5: we don't flip by the end of the decade so 904 00:48:56,719 --> 00:49:00,399 Speaker 5: that Democrats control the map drawing in the Texas House 905 00:49:00,400 --> 00:49:02,800 Speaker 5: and Senate and we have a governor who can veto 906 00:49:02,880 --> 00:49:08,320 Speaker 5: any corrupt, rigged map, that can't have Democrats in control 907 00:49:08,400 --> 00:49:11,200 Speaker 5: of Congress for a generation. The math no longer works 908 00:49:11,239 --> 00:49:14,680 Speaker 5: because Texas gets too big, and because those congressional seats 909 00:49:14,680 --> 00:49:18,160 Speaker 5: equate to electoral votes, there won't be Democratic control of 910 00:49:18,200 --> 00:49:20,800 Speaker 5: the White House for a generation if we don't flip 911 00:49:20,880 --> 00:49:23,960 Speaker 5: by the end of the decade. This midterm election with 912 00:49:24,080 --> 00:49:26,960 Speaker 5: Trump in the White House is our best opportunity to 913 00:49:27,000 --> 00:49:30,360 Speaker 5: make those gains. The last time we had a midterm 914 00:49:30,360 --> 00:49:33,560 Speaker 5: election with Trump in the White House, Democrats swept. We 915 00:49:33,600 --> 00:49:36,799 Speaker 5: took control of all Harris County, Houston. We put in 916 00:49:36,920 --> 00:49:41,320 Speaker 5: twelve Democrats in the Texas House. And this was just organic. 917 00:49:41,400 --> 00:49:44,759 Speaker 5: It wasn't a strategy or investment or plan. It is 918 00:49:44,800 --> 00:49:48,560 Speaker 5: why I am running this time around. We have to 919 00:49:48,600 --> 00:49:52,000 Speaker 5: be ready. We can't be caught flat footed. And the 920 00:49:52,160 --> 00:49:54,960 Speaker 5: entire country has a stake in what happens in these 921 00:49:55,000 --> 00:49:56,160 Speaker 5: midterm elections. 922 00:49:56,640 --> 00:49:59,319 Speaker 2: Yeah, thank you, Gina, thank you, Molly. 923 00:49:59,400 --> 00:50:00,160 Speaker 5: I appreciate you. 924 00:50:02,400 --> 00:50:08,640 Speaker 3: No moment, Peculy, Jesse Cannon, I jump fast, so I 925 00:50:08,840 --> 00:50:12,799 Speaker 3: personally wake up and read Twitter, and I'm disgusted by 926 00:50:12,800 --> 00:50:16,080 Speaker 3: the way Representative Randy Fine talks and Andy Eugles has 927 00:50:16,120 --> 00:50:18,880 Speaker 3: long been this person too. The Dems are finally moving 928 00:50:18,920 --> 00:50:22,160 Speaker 3: to censure them because they're such insane islamophobes and just 929 00:50:22,320 --> 00:50:24,040 Speaker 3: repulsive in their language. 930 00:50:24,320 --> 00:50:25,880 Speaker 2: Yeah, so this is good. 931 00:50:26,040 --> 00:50:31,160 Speaker 1: This is Democrats doing things and making a real red 932 00:50:31,239 --> 00:50:35,600 Speaker 1: line here, and you know it's really important. So this 933 00:50:35,719 --> 00:50:39,200 Speaker 1: is a two page resolution to Center Ogles for writing 934 00:50:39,239 --> 00:50:41,919 Speaker 1: on social media earlier this week that Muslims don't belong 935 00:50:41,960 --> 00:50:46,120 Speaker 1: in American society. Imagine saying that, Imagine saying that public. 936 00:50:46,680 --> 00:50:52,520 Speaker 1: It's just so incredibly gross and upsetting. And jakeem says, 937 00:50:53,080 --> 00:50:55,640 Speaker 1: Mike Johnson has spent a lot of time talking about decorum. 938 00:50:55,719 --> 00:50:58,560 Speaker 1: Get your members under control, because if you don't, we will, 939 00:50:58,800 --> 00:51:01,279 Speaker 1: he said at a press conference. And you know, we 940 00:51:01,440 --> 00:51:05,160 Speaker 1: have seen again and again that people really want Democrats 941 00:51:05,239 --> 00:51:09,400 Speaker 1: to fight. They do not want them to be so 942 00:51:09,680 --> 00:51:13,480 Speaker 1: passive and scared of their own shadows. It's a very 943 00:51:13,560 --> 00:51:15,759 Speaker 1: good way to show that you're willing to fight, and 944 00:51:15,800 --> 00:51:20,040 Speaker 1: it's also happens to be also morally correct, right, like, 945 00:51:20,239 --> 00:51:25,040 Speaker 1: this is the correct way to act with this insane 946 00:51:25,200 --> 00:51:28,880 Speaker 1: Islamophobia that is not okay by any stretch of the imagination. 947 00:51:29,280 --> 00:51:33,200 Speaker 1: So good for everyone involved in this. Let's do more 948 00:51:33,239 --> 00:51:37,399 Speaker 1: of this, more centering on this kind of stuff. So 949 00:51:37,560 --> 00:51:40,840 Speaker 1: I think it's good. That's it for this episode of 950 00:51:40,960 --> 00:51:47,719 Speaker 1: Fast Politics. Tune in every Monday, Wednesday, Thursday, and Saturday 951 00:51:47,880 --> 00:51:51,200 Speaker 1: to hear the best minds and politics make sense of 952 00:51:51,520 --> 00:51:55,759 Speaker 1: all this chaos. If you enjoy this podcast, please send 953 00:51:55,760 --> 00:51:58,560 Speaker 1: it to a friend and keep the conversation going. 954 00:51:59,040 --> 00:51:59,960 Speaker 2: Thanks for listening.