WEBVTT - 2020: Socialism Vs. Capitalism 0:00:01.080 --> 0:00:15.480 You are entering the freedom hunt. The twenty twenty battle 0:00:15.520 --> 0:00:22.479 lines are drawn socialism versus capitalism, Sanders and others versus Trump. 0:00:22.720 --> 0:00:24.840 Bernie Sanders is now in the mix. We'll talk about 0:00:24.880 --> 0:00:28.360 what this means for the conversation for the presidential election 0:00:28.400 --> 0:00:32.560 coming up, and also updates on McCabe's tour of trying 0:00:32.600 --> 0:00:37.120 to reevaluate and redo his reputation and Jesse Smollett. We 0:00:37.159 --> 0:00:38.880 got updates on that too coming up on The buck 0:00:38.920 --> 0:00:43.040 Sexton Show. This is the buck Sexton Show, where the 0:00:43.080 --> 0:00:46.319 mission or mission is to decode what really matters with 0:00:46.479 --> 0:00:53.320 actionable intelligence. Mag Noo, mistake America, You're a great American Again. 0:00:53.400 --> 0:01:02.400 The buck Sexton Show begins now. First of all, I 0:01:02.440 --> 0:01:05.800 wanted to let the people to say Vermont know about 0:01:05.800 --> 0:01:09.520 this first. And what I promised to do is as 0:01:09.520 --> 0:01:11.600 I go around the country is to take the values 0:01:11.760 --> 0:01:15.400 that all of us in Vermont are proud of, belief injustice, 0:01:16.080 --> 0:01:20.360 in community, in grassroots politics and town meetings. That's what 0:01:20.440 --> 0:01:23.360 I'm going to carry all over this country. I think 0:01:23.480 --> 0:01:28.440 the current ocument of the White House is an embarrassment 0:01:28.480 --> 0:01:31.479 to our country. I think he is a pathological lawyer. 0:01:31.560 --> 0:01:35.800 Every day he is telling one lay or another, and 0:01:35.880 --> 0:01:37.760 it gives me no pleasure to say that. But I 0:01:37.840 --> 0:01:42.240 also think he is a racist, a sexist, a homophobe, 0:01:42.400 --> 0:01:48.720 a xenophobe, somebody who is gaining cheap political points by 0:01:48.760 --> 0:01:52.920 trying to pick on minorities off an undocumented immigrants. Bernie 0:01:52.960 --> 0:01:56.720 Standers is running out, that's right. First of I think 0:01:56.720 --> 0:01:59.840 he missed his time. But I like Bernie because he's 0:02:00.160 --> 0:02:03.680 he is one person that you know on trade, he 0:02:03.920 --> 0:02:06.440 sort of would agree on trade. I'm being very tough 0:02:06.480 --> 0:02:08.520 on trade. He would solf and trade. The problem is 0:02:08.840 --> 0:02:10.760 he doesn't know what to do about it. We're doing 0:02:10.800 --> 0:02:14.760 something very spectacular on trade. But I wish Bernie well. 0:02:15.680 --> 0:02:18.119 It'll be interesting to see how he does. I think 0:02:18.520 --> 0:02:22.600 what happened to Bernie maybe was not so nice. I 0:02:22.639 --> 0:02:24.919 think he was taking advantage of he ran great four 0:02:25.000 --> 0:02:29.079 years ago and he was not treated with respect by Clinton, 0:02:29.919 --> 0:02:32.720 and that was too bad. I thought what happened to 0:02:32.720 --> 0:02:37.240 Bernie Sanders four years ago was quite sad as it 0:02:37.320 --> 0:02:39.400 pertains to our country. So we'll see how he does. 0:02:39.680 --> 0:02:42.919 You get a lot of people running, but only one 0:02:42.960 --> 0:02:45.600 person's going to win. I hope you know who that 0:02:45.639 --> 0:02:48.880 person is. Good bye, everybody. Oh yeah, welcome to the 0:02:48.880 --> 0:02:54.959 Buck Saxon Show. Everybody. President Trump never lacking in confidence, 0:02:55.760 --> 0:02:58.639 and you can tell he doesn't even phaze him that Bernie. 0:02:59.240 --> 0:03:01.960 And I don't like this version of Bernie. I like 0:03:02.080 --> 0:03:04.680 the one who's all the millionaires and the billionaires and 0:03:04.680 --> 0:03:07.240 we're gonna make everybody can free this and free that. 0:03:07.400 --> 0:03:10.240 Then it's gonna be unicorns and rainbows. It's gonna be amazing, 0:03:11.000 --> 0:03:13.760 and only super rich people are gonna pay. I don't 0:03:13.800 --> 0:03:15.800 like the Bernie that's talking about how Trump is so 0:03:15.880 --> 0:03:20.000 evil and bad and that's not fun Bernie. And unfortunately 0:03:20.040 --> 0:03:22.080 that's where the Democratic Party is, and you get a 0:03:22.120 --> 0:03:27.400 sense of one Trump realizes that they're just gonna throw 0:03:27.400 --> 0:03:30.160 so much it's not even worth him responding all that 0:03:30.240 --> 0:03:32.160 much to it. Although I know the Trumpster is gonna 0:03:32.240 --> 0:03:34.639 he's gonna put out some haymakers on Twitter. Here, he's 0:03:34.680 --> 0:03:37.800 gonna he's gonna lay down the lay down the pain 0:03:37.960 --> 0:03:41.880 on Twitter for bat candidates as he as he deems fit. 0:03:42.840 --> 0:03:46.920 But there's also this little crossover between and I remember 0:03:46.960 --> 0:03:50.320 it from the primary, between Bernie Sanders and Trump voters. 0:03:51.200 --> 0:03:56.000 Because the Democratic Party on trade and on immigration has 0:03:56.240 --> 0:03:59.760 has sold out the working class, and Bernie Sanders knows this. 0:04:00.320 --> 0:04:02.720 And it's really the far left of the Democratic Party 0:04:03.400 --> 0:04:08.160 that supports Bernie Sanders that on this one issue has 0:04:08.320 --> 0:04:10.760 a whole lot more sense than the establishment than the 0:04:10.880 --> 0:04:15.760 kind of Hillary Clinton. Now Corey Booker, Kamela Harris Wing 0:04:16.000 --> 0:04:19.040 of the Democratic Party, Kamela, by the way, came out. 0:04:19.120 --> 0:04:21.400 She was asked about this straight up. Are are you, 0:04:22.240 --> 0:04:25.920 because she's a top contender on the Democrat side, are 0:04:26.000 --> 0:04:29.479 you a socialist? Here is what she said, Play fifteen. 0:04:29.760 --> 0:04:33.960 Bernie Sanders describes himself as a Democratic socialist to compete 0:04:33.960 --> 0:04:36.400 in New Hampshire in the Democratic primary, Jeff to move 0:04:36.440 --> 0:04:40.880 more toward the Democratic socialist part of the party. Well, 0:04:40.920 --> 0:04:42.920 the people of New Hampshire will tell me what's required 0:04:42.960 --> 0:04:44.680 to compete in New Hampshire. But I will tell you 0:04:44.760 --> 0:04:48.440 I am not a Democratic socialist. Also, I think that 0:04:48.480 --> 0:04:50.400 answer is kind of weird that people will tell you 0:04:50.440 --> 0:04:52.440 what is required to compete there. No, I think you 0:04:52.480 --> 0:04:54.279 tell them what your ideas are and then they vote. 0:04:54.960 --> 0:04:56.960 I don't think that. I think that she got a 0:04:56.960 --> 0:05:01.600 little but I digress. But she's not a Democratic socialist. 0:05:01.640 --> 0:05:05.320 He says, Well, that's interesting because her party is a 0:05:05.320 --> 0:05:11.080 party of democratic socialism. This is what people don't want 0:05:11.080 --> 0:05:13.400 to say in the media. They don't want to go there, 0:05:13.520 --> 0:05:16.560 but it has happened. I think that Bernie Sanders as 0:05:16.600 --> 0:05:20.120 much as he's probably too old to be doing this 0:05:20.320 --> 0:05:23.640 or why is that so wrong to say there's a 0:05:23.680 --> 0:05:26.880 constitutional restriction on being too young to run for president. 0:05:27.720 --> 0:05:29.559 I know we don't have one for being too old, 0:05:29.600 --> 0:05:33.479 but I also think the founding fathers probably never foresaw 0:05:33.680 --> 0:05:36.200 somebody who is going to be eighty in their first 0:05:36.279 --> 0:05:38.599 year as president. I don't think they thought that was 0:05:38.640 --> 0:05:43.560 a thing. But why is it? Why is that unfair? 0:05:43.640 --> 0:05:46.080 It wasn't an unfair conversation. It hasn't been an unfair 0:05:46.120 --> 0:05:50.159 conversation in previous elections. And I think that Sanders is 0:05:50.360 --> 0:05:53.080 right at the if not beyond the red line, right 0:05:53.120 --> 0:05:55.680 at the red line, for there's a certain degree of 0:05:55.760 --> 0:05:58.159 energy and just day to day vitality that you're going 0:05:58.200 --> 0:06:00.680 to need to do this job. And Sanders may have 0:06:00.720 --> 0:06:04.600 missed his window. In fact, I think that Sanders feels 0:06:04.720 --> 0:06:10.320 from his supporters a a push into the into the 0:06:10.400 --> 0:06:13.040 race because they know that Warren is a non starter. 0:06:14.120 --> 0:06:16.839 Warren was supposed to pick up the torch, you know, 0:06:16.920 --> 0:06:19.640 take up the mantle of Bernie Sanders going into twenty twenty. 0:06:19.640 --> 0:06:22.120 I don't think it's gonna happen. I think I think 0:06:22.200 --> 0:06:25.560 Warren is Her brand is just too damaged. It's too silly. 0:06:25.960 --> 0:06:32.000 Corey Booker with his IRB Spartacus. You know, the Democrats, 0:06:32.080 --> 0:06:34.440 they may they may warm up to him. I think 0:06:34.440 --> 0:06:36.960 that Corey Booker and producer Mike we can mark this 0:06:37.000 --> 0:06:39.520 one down. If you're asking me right now, who's gonna 0:06:39.520 --> 0:06:43.560 win the Democratic nomination, I think it's Corey Booker. Really, 0:06:43.600 --> 0:06:47.120 I'm gonna chi, yeah, yeah, I'm gonna change this a 0:06:47.160 --> 0:06:50.640 bunch of times, and we'll play whichever prediction is right 0:06:51.160 --> 0:06:53.040 down the line, and we'll just pretend like the other 0:06:53.040 --> 0:06:56.800 ones didn't happen, because you know radio. But right now, 0:06:56.839 --> 0:06:59.120 if somebody, somebody tried to turn nail me down, I'd 0:06:59.120 --> 0:07:02.240 I'd say Corey book He's got the media, the elite left, 0:07:02.240 --> 0:07:05.400 the establishment, they all like him. And I think that 0:07:05.440 --> 0:07:09.159 he could play reasonably well in Pennsylvania, in Ohio, in 0:07:09.240 --> 0:07:14.120 those states. So you know, Kamala Harris just doesn't have 0:07:14.200 --> 0:07:18.680 the doesn't have the retail politics skills. He pulled ahead 0:07:18.680 --> 0:07:23.280 of Hillary. For you who Hillary, I said, Booker, He's 0:07:23.320 --> 0:07:27.520 pulled ahead of Hillary. Huh in your hollow. I'm starting 0:07:27.520 --> 0:07:29.440 to walk. I'm starting to walk back from my She's 0:07:29.520 --> 0:07:32.720 running again. I think it's too crazy, even for her. 0:07:32.760 --> 0:07:36.080 Although you see that there's a crazy I don't put 0:07:36.080 --> 0:07:40.920 anything past the Clinton Michael. You know they they actually 0:07:40.960 --> 0:07:43.840 have a speaking engagement. I think in DC and I 0:07:43.880 --> 0:07:47.400 saw this. It could I didn't verify this, this could 0:07:47.440 --> 0:07:49.880 be fake, but you can get a I'm being serious. 0:07:50.000 --> 0:07:52.200 I did see a flyer for how you can get 0:07:52.200 --> 0:07:54.640 a great deal to go here Bill and Hillary Clinton speak. 0:07:55.200 --> 0:07:57.760 The tickets are they are originally two hundred dollars and 0:07:57.800 --> 0:08:00.000 now they're like one hundred and fifty or something, right, 0:08:00.000 --> 0:08:02.040 So they're gonna have to bust people in. They're gonna 0:08:02.080 --> 0:08:05.440 pay them. Yeah, No, no one cares anymore. The Clinton say. 0:08:05.480 --> 0:08:07.880 This is why that when people talk about Trump and 0:08:08.000 --> 0:08:10.960 Moscow and the tower and all this stuff, the Clinton 0:08:11.040 --> 0:08:16.080 corruption is so brazen and so outlandish and so obvious 0:08:16.600 --> 0:08:19.880 that all these people, all these journo firefighter types out 0:08:19.920 --> 0:08:22.480 there in the journalist world who act like they care 0:08:22.560 --> 0:08:25.520 so much about conflicts of interest and the emoluments clause. 0:08:26.040 --> 0:08:31.720 The Clintons ran a multi billion dollar influenced peddling empire 0:08:31.720 --> 0:08:34.800 out of the open, pretending that it was a charity 0:08:35.880 --> 0:08:38.880 and the press had no interest in digging into what 0:08:38.920 --> 0:08:42.800 was really going on here. Fifty million dollars spent on 0:08:42.880 --> 0:08:46.320 private jet travel, a private jet travel for the Clinton Foundation. 0:08:46.480 --> 0:08:55.320 Fifty million. You know, nobody, nobody, uh can fly commercial. 0:08:55.440 --> 0:08:58.240 They oft to fly private, the Clinton Foundation anyway, don't 0:08:58.240 --> 0:09:00.160 even don't even get me started. I mean, that's why 0:09:00.440 --> 0:09:04.160 the people that are making all this noise about Trump 0:09:04.200 --> 0:09:07.000 and his dealings overseas, and at least Trump's running a 0:09:07.040 --> 0:09:09.480 business where people get a product, they buy an apartment, 0:09:09.559 --> 0:09:11.439 or they buy a stake or whatever it is. With 0:09:11.559 --> 0:09:16.240 the Clintons, you buy the perception of power. That's all 0:09:16.240 --> 0:09:17.959 that they were selling. But let me get back into 0:09:18.040 --> 0:09:23.200 the Democrat race here, because you know, Kamala Harris is 0:09:23.200 --> 0:09:28.200 making this calculation that the Democratic Party is not yet 0:09:28.240 --> 0:09:34.640 a fully owned subsidiary of Bernie ink and the whole 0:09:35.000 --> 0:09:40.199 left wing democratic socialism wave. And I think she's wrong, 0:09:40.760 --> 0:09:43.600 and I think Bernie Sanders recognizes this, which sets up 0:09:43.679 --> 0:09:47.199 a truly a truly and I mean this word a 0:09:47.240 --> 0:09:51.280 people overuse it epic, but an epic political showdown in 0:09:51.280 --> 0:09:53.720 twenty twenty over the future of the country. This is 0:09:53.760 --> 0:09:56.880 not John Carrey versus George Bush, which was kind of, 0:09:57.400 --> 0:09:59.840 let's be honest, kind of a potato potato. I know 0:10:00.120 --> 0:10:01.640 people are gonna get mad at me for saying that 0:10:01.679 --> 0:10:08.079 it's reality. This is Do you want a capitalist who 0:10:08.640 --> 0:10:11.640 approaches day to day issues with common sense the way 0:10:11.640 --> 0:10:15.080 a normal person would President Trump? Or do you want 0:10:15.160 --> 0:10:18.360 a pie in this guy democratic socialist who thinks climate 0:10:18.440 --> 0:10:21.720 change is an urgent national security threat, that redistributing wealth 0:10:21.760 --> 0:10:25.360 makes people wealthier and it makes the country wealthier. And 0:10:26.559 --> 0:10:29.600 that's a real choice. And whether it's Bernie Sanders or 0:10:29.600 --> 0:10:34.760 another Democrat, I think that sanders Ism has one in 0:10:34.800 --> 0:10:36.720 the Democratic Party and it's not just going to be 0:10:36.760 --> 0:10:39.280 for the primary. I think that we are facing a 0:10:39.480 --> 0:10:42.559 question as a nation as to whether we are going 0:10:42.600 --> 0:10:46.559 to become a socialist country. Now Trump has stated, thank 0:10:46.600 --> 0:10:49.559 Hammin's We're never going to be a socialist country, and 0:10:49.640 --> 0:10:52.640 I hope he's right, and I know he's fired up 0:10:53.000 --> 0:10:59.439 about this. But let's understand that Bernie, Hillary and Bernie 0:10:59.480 --> 0:11:02.880 in that line election that was meaningful for what the 0:11:02.920 --> 0:11:07.080 opposition is going to be that we face. Hillary represented 0:11:07.120 --> 0:11:09.760 that old Democrat party of the media props you up 0:11:10.000 --> 0:11:12.119 a lot of pay to play, a lot of access 0:11:12.760 --> 0:11:19.040 the establishment, and kind of this rickety, unsteady coalition of 0:11:19.040 --> 0:11:21.960 all these different groups identity politics groups and all the 0:11:21.960 --> 0:11:25.600 rest of it unions, and Hillary was just sitting atop 0:11:25.640 --> 0:11:31.520 of that. Sandersism for the country is socialism is massive 0:11:31.600 --> 0:11:36.679 government spending is crippling you and your business with taxation 0:11:37.080 --> 0:11:41.480 and regulation, all with the promise that what you're going 0:11:41.520 --> 0:11:44.360 to get they call it Medicare for all. But let 0:11:44.400 --> 0:11:46.959 me tell you something, we'll be lucky if it's even 0:11:47.120 --> 0:11:51.480 Medicaid for all. And anyone with any familiarity about the 0:11:51.520 --> 0:11:54.760 Medicaid program knows you do not want to be on 0:11:54.840 --> 0:11:58.679 it if you have a choice. Doctors don't take it. 0:11:59.040 --> 0:12:05.120 Top hospitals won't see you. There is a cost to 0:12:05.360 --> 0:12:08.360 this that the Democrats that the Bernie Sanders wing will 0:12:08.360 --> 0:12:12.120 not tell you about. They pretend that this is all 0:12:12.160 --> 0:12:15.040 just going to be better if it wasn't, because if 0:12:15.040 --> 0:12:19.400 it wasn't for those greedy, mean capitalist Wall Streeters Republicans. 0:12:19.480 --> 0:12:22.520 Even the Wall Street is a Democrat stronghold now they 0:12:22.559 --> 0:12:25.800 don't like the Wall Street is a Democrat subsidiary now. 0:12:27.559 --> 0:12:31.720 But I think Goldman Sachs was the single biggest contributor 0:12:31.720 --> 0:12:33.920 to Hillary Clinton. I forget the exact staff, but it 0:12:33.960 --> 0:12:36.280 was one of the biggest contributors to Hillary Clinton's campaign 0:12:36.640 --> 0:12:41.600 of any private company might have been number one. But 0:12:41.720 --> 0:12:45.600 Bernie's Bernie's approach here is going to be the Democrat approach. 0:12:45.679 --> 0:12:47.520 So even if Sanders is too old, even if he 0:12:47.559 --> 0:12:51.000 can't win, even if he's not able to get through 0:12:51.720 --> 0:12:57.120 this incredible field of clowns that the Democrats have put forward, 0:12:57.600 --> 0:13:00.000 his ideology I think is going to be the Democrat 0:12:59.840 --> 0:13:05.240 Party's ideology. Play eighteen. Many of the ideas that I 0:13:05.440 --> 0:13:09.280 talked about, Medicare for all, raising the minimum wage to 0:13:09.520 --> 0:13:14.679 fifteen dollars an hour, making public colleges and universities tuition free, 0:13:14.960 --> 0:13:18.280 all of those ideas. People say, oh, Bernie, they're so radical, 0:13:18.559 --> 0:13:22.600 they are extremely American. People just won't accept those ideas. Well, 0:13:22.640 --> 0:13:25.240 you know what's happened to over three years. All of 0:13:25.280 --> 0:13:27.679 those ideas and many more and now part of the 0:13:27.760 --> 0:13:33.439 political mainstream. They are part of the Democratic Party mainstream. 0:13:33.559 --> 0:13:37.400 That is not a point that can be refuted. The 0:13:37.520 --> 0:13:41.800 Democrats have embraced this stuff. They have. They have seen 0:13:41.840 --> 0:13:45.560 the twenty two trillion dollars in debt. They've seen government 0:13:45.720 --> 0:13:50.079 in action over the course of decades to bloat, the corruption, 0:13:50.160 --> 0:13:53.720 the waste, to fraud, the abuse to spending, the regulations, 0:13:54.200 --> 0:13:59.320 the crushed dreams of business, businesses and entrepreneurs and innovators. 0:13:59.320 --> 0:14:03.960 And they've seen all that. And their answer is more taxation, 0:14:04.400 --> 0:14:08.559 more regulation, a bigger state, heavier chains on all of us. 0:14:10.360 --> 0:14:14.920 That's their answer to this. And I think if we 0:14:15.000 --> 0:14:18.120 just look around our own hemisphere, we see what can 0:14:18.160 --> 0:14:23.440 happen when a government of social justice warriors decides that 0:14:23.480 --> 0:14:27.680 the wealth should be redistributed first and foremost, that is 0:14:27.720 --> 0:14:29.920 the single most important thing that the government can do. 0:14:30.800 --> 0:14:33.000 This does not end well for us, my friends. This 0:14:33.040 --> 0:14:37.680 means also that not only is four more years of 0:14:37.800 --> 0:14:39.640 Trump going to be at stake, with all of his 0:14:39.720 --> 0:14:43.440 policies and promises and an agenda that I very much 0:14:43.480 --> 0:14:45.960 support and have signed on for for a long time now, 0:14:46.720 --> 0:14:50.560 but also the choice is not Trump or your run 0:14:50.560 --> 0:14:55.920 of the mill democrat. The choice is Trump or socialism. 0:14:56.080 --> 0:14:58.840 That's what we face. That is what has been said 0:14:58.840 --> 0:15:02.000 in motion right now, so get ready for the fight, 0:15:02.080 --> 0:15:08.800 my friends. We'll be right back. And so as the 0:15:08.880 --> 0:15:14.640 United States stands up for democracy in Venezuela, we reaffirm 0:15:14.880 --> 0:15:19.400 the solidarity with the long suffering people of Cuba and 0:15:19.560 --> 0:15:24.840 Nick Ruckle and people everywhere living under socialists and communistry. 0:15:25.800 --> 0:15:29.560 And to those who would try to impose socialism on 0:15:29.680 --> 0:15:34.880 the United States, we again deliver a very simple message. 0:15:35.320 --> 0:15:42.680 America will never be a socialist country. We are born 0:15:42.800 --> 0:15:50.520 free and we will stay free now and forever. I 0:15:50.600 --> 0:15:53.640 certainly hope the President's right. I know he'll do his 0:15:53.760 --> 0:15:57.600 part to fight so that he is. But we are 0:15:57.720 --> 0:16:01.840 at a at a real moment of us as a nation, 0:16:02.320 --> 0:16:09.200 as a people, the tide of socialism is rising. Yes, 0:16:09.560 --> 0:16:13.560 there is at least an opportunity here for the entire 0:16:13.600 --> 0:16:18.280 Western hemisphere to look at what's going on in South 0:16:18.320 --> 0:16:23.440 America and say, okay, well, clearly Venezuela has gone down 0:16:23.440 --> 0:16:26.880 a very wrong path. But you only need you only 0:16:26.880 --> 0:16:30.240 need one administration to come along in this country and 0:16:30.480 --> 0:16:35.240 impose reckless socialist policies and do a tremendous amount of damage, 0:16:36.160 --> 0:16:37.800 damage that I don't know if we ever really recovered 0:16:37.840 --> 0:16:40.120 from as a country. Keep in mind, China is becoming 0:16:40.720 --> 0:16:43.120 a near peer competitor. Some would argue it already is 0:16:43.160 --> 0:16:45.480 a near peer competitor. It's got a lot more people 0:16:45.520 --> 0:16:49.880 than us, it has some advantages built in with its 0:16:49.960 --> 0:16:53.880 industrial capacity because of well obviously the lack of environmental 0:16:53.920 --> 0:16:58.240 regulations and it's predatory trade practices. So I don't think 0:16:58.280 --> 0:17:01.120 that America can be asleep at the wheel as an 0:17:01.120 --> 0:17:04.679 economic powerhouse for eight years without suffering real consequences. You 0:17:04.720 --> 0:17:09.360 put somebody like Bernie Sanders and o'cazio Quartez is too young, 0:17:09.400 --> 0:17:12.520 I know, But why is she getting so much attention? 0:17:13.200 --> 0:17:16.080 Why is it that the left is holding up this 0:17:16.240 --> 0:17:23.960 absolute ignoramus as the premier Democrat voice in the nation, 0:17:24.040 --> 0:17:26.359 which has been the case for the last couple of months. 0:17:27.359 --> 0:17:30.800 Ocazio Quartez has more sway. I think she I saw 0:17:30.840 --> 0:17:32.400 something that said that she might be in the top 0:17:32.480 --> 0:17:38.000 five most interacted with Twitter accounts in the world, of 0:17:38.080 --> 0:17:40.199 all of them, I know, I think she's in the 0:17:40.240 --> 0:17:41.840 top ten for sure. It might have been the top five. 0:17:42.400 --> 0:17:49.520 O'casio Cortez has greater cultural media and political sway than 0:17:49.720 --> 0:17:52.400 anybody else in the party right now, and she doesn't 0:17:52.680 --> 0:18:01.439 know a thing about a thing. She just represents the trappings, 0:18:01.480 --> 0:18:08.679 the appearance, the facade of a socialist future, which is 0:18:08.760 --> 0:18:11.800 why she is so wildly popular with the left in 0:18:11.840 --> 0:18:14.240 this country that thinks that now that we don't have 0:18:14.280 --> 0:18:18.080 some major war on the horizon, and we're wealthy, and 0:18:18.160 --> 0:18:20.119 things have been going well in this country for at 0:18:20.200 --> 0:18:23.240 least a couple of years, but overall, obviously for decades, 0:18:23.280 --> 0:18:25.760 things that have been going very well in America financially. 0:18:27.440 --> 0:18:29.240 Now is the time for them to say, you know what, 0:18:29.480 --> 0:18:31.920 let's just put the brakes on all that and let's 0:18:32.119 --> 0:18:37.240 fundamentally bar from Obama here, fundamentally transform not just the 0:18:37.280 --> 0:18:40.159 way the American economy operates, but the purpose of the 0:18:40.200 --> 0:18:43.919 American economy, which is not to create wealth, but in 0:18:44.000 --> 0:18:48.479 a Sanders socialist dystopia, it will be to redistribute it. 0:18:57.600 --> 0:19:01.600 He's holding the line for America. Bug Sexton is back, 0:19:05.320 --> 0:19:08.440 Can you be a democratic socialist and a capitalist? Well, 0:19:08.800 --> 0:19:10.800 I think it depends on your interpretation. So there are 0:19:10.840 --> 0:19:14.000 some democratic socialists that would say absolutely not. There are 0:19:14.040 --> 0:19:16.879 other people that are democratic socialists that would say, I 0:19:16.920 --> 0:19:19.560 think it's possible. What are you I think it's possible? 0:19:19.840 --> 0:19:22.520 I think you say do. So I'm a capitalist, but 0:19:23.520 --> 0:19:25.600 I don't say that. Okay, you know, if anything, I 0:19:25.600 --> 0:19:30.439 would say, I'm I believe in in a democratic economy. 0:19:30.680 --> 0:19:35.720 But gotcha. But the but is there so so in 0:19:35.760 --> 0:19:38.840 some ways, whether it's you're coming from say Elizabeth Warren's 0:19:38.840 --> 0:19:41.639 perspective where she says, you know, she says things like, 0:19:42.000 --> 0:19:46.680 I'm a capitalist, but we need to have hard rules 0:19:47.040 --> 0:19:49.640 for the game. What does the private sector do better 0:19:49.680 --> 0:19:52.120 than you know that the private Look, government should stay 0:19:52.119 --> 0:19:54.600 out of X because the private sector does that better. Yeah, 0:19:54.640 --> 0:19:56.280 I think there's a lot of things. There's a lot 0:19:56.320 --> 0:19:59.359 of consumer goods where the private sector works. And by 0:19:59.400 --> 0:20:03.680 the way, if it's important to delineate that just because 0:20:03.680 --> 0:20:06.359 you're in the private sector does it. You can be 0:20:06.400 --> 0:20:09.679 in the private sector and be a democratically socialist business. 0:20:10.000 --> 0:20:15.080 Worker cooperatives are a perfect example of that. Okay, So yeah, 0:20:15.119 --> 0:20:16.800 you gotta. I just wanted to give you a sense 0:20:16.840 --> 0:20:20.800 of what the Democratic Party it gets excited about and 0:20:20.840 --> 0:20:23.280 you're hearing it there now. I also go back and 0:20:23.280 --> 0:20:25.360 forth as to how much I want to just go yeah, 0:20:25.560 --> 0:20:28.159 like I mean like it totally like democratic and I 0:20:28.280 --> 0:20:30.960 know that anybody can do that. So it's a little 0:20:30.960 --> 0:20:32.639 bit of fun once in a while. But I do 0:20:32.720 --> 0:20:36.680 think we have to take this seriously. Even to call 0:20:36.760 --> 0:20:39.359 them ideas, and to take these ideas seriously might be 0:20:39.400 --> 0:20:42.440 giving them too much credit in a sense, because it's 0:20:42.440 --> 0:20:46.040 really more emotions. It's really more an impulse, a feeling 0:20:46.200 --> 0:20:51.080 of if only we were able to have the government 0:20:51.160 --> 0:20:55.879 making more decisions, there would be less poverty in America. 0:20:56.000 --> 0:21:00.840 There would be more fairness, which is a very easy 0:21:00.880 --> 0:21:03.400 to abuse term, which we will remember with Obama. Pay 0:21:03.520 --> 0:21:05.800 fair share, right, You're gonna pay your fair share. That 0:21:05.840 --> 0:21:11.600 was always the pitch from Obama himself, and the Democrats 0:21:11.600 --> 0:21:17.280 are embracing this emotion based economics, which I think is 0:21:18.080 --> 0:21:23.760 very troubling because it is superficially appealing. If you think 0:21:23.800 --> 0:21:26.720 about this, Yeah, you know, I feel badly when I 0:21:26.720 --> 0:21:28.800 see a poor person on the street. Really, if if 0:21:28.800 --> 0:21:30.800 we just pay a little bit higher taxes we want 0:21:30.800 --> 0:21:33.760 to have poor people on the streets. The answer to 0:21:33.760 --> 0:21:36.320 that is no. But you can see how people if 0:21:36.320 --> 0:21:38.840 they're told this enough, and if they're told that climate 0:21:38.960 --> 0:21:42.840 change is an existential threat to the nation, that all 0:21:42.920 --> 0:21:47.480 these things that the Democrats have the advantage of a 0:21:47.600 --> 0:21:51.560 media apparatus that just pushes the propaganda all the time. 0:21:52.760 --> 0:21:54.800 It's easy for someone who's just trying to live his 0:21:54.920 --> 0:21:56.560 or her life and go through their day to day 0:21:56.600 --> 0:22:00.440 to say, yeah, you know, Sweden's not so bad, right, 0:22:00.560 --> 0:22:02.960 I mean, maybe Bertie Sanders should run for mayor of Sweden, 0:22:03.000 --> 0:22:06.720 but or mayor of Stockholm. But he's running for president 0:22:06.760 --> 0:22:11.040 of the United States. It's a different job. We are 0:22:11.200 --> 0:22:15.280 different than these other countries because of the underlying philosophy 0:22:15.320 --> 0:22:19.320 we have about the relationship between citizen and state and 0:22:19.440 --> 0:22:24.199 the boundaries the individual rights that we all enjoy that 0:22:24.240 --> 0:22:29.320 the state cannot cross. Once it's all about what's good 0:22:29.320 --> 0:22:31.720 for the collective, then it's just a question of who's 0:22:31.760 --> 0:22:36.760 in power to determine what that collective good may be. Democrats, 0:22:36.760 --> 0:22:40.399 of course, view this as them If they're in power, 0:22:40.520 --> 0:22:42.760 they know what's the best for all of us, and 0:22:42.840 --> 0:22:45.960 so what that means they're going to do to you 0:22:46.080 --> 0:22:51.879 as an individual doesn't really matter. This is where you 0:22:51.920 --> 0:22:58.520 get into the troubling and eventually catastrophic deterioration of individual 0:22:58.600 --> 0:23:03.119 rights that happens in a statist society when the state 0:23:03.160 --> 0:23:07.600 makes all determinations, makes all decisions for you, this leads 0:23:07.640 --> 0:23:12.560 down pathways that are very dark in our history, I mean, 0:23:12.880 --> 0:23:15.320 and in recent history. I mean, you just look at 0:23:15.320 --> 0:23:18.160 the history of the twentieth century and you don't want 0:23:18.320 --> 0:23:20.159 and I'm not just saying, oh, Nazi Germany and the 0:23:20.200 --> 0:23:22.760 Soviet you get no. No No, I mean, look at any 0:23:22.800 --> 0:23:27.720 country that's gone increasingly that has left the direction of 0:23:27.760 --> 0:23:32.960 free markets and freedom and gone toward state control authoritarianism. 0:23:33.880 --> 0:23:36.360 And people say, well, Buck, look at China, and they says, yeah, 0:23:36.400 --> 0:23:40.040 China has become more and more free market. China was 0:23:40.320 --> 0:23:44.600 a dogmatic communist state that is now a kind of 0:23:44.680 --> 0:23:50.840 communist capitalist hybrid. You know, it's an authoritarian state based 0:23:50.880 --> 0:23:54.600 on an economic model of really almost mercantilism too, especially 0:23:54.600 --> 0:23:59.560 when you look at what it's doing abroad. So if 0:23:59.560 --> 0:24:01.560 we're going to talk about these matters, we should at 0:24:01.600 --> 0:24:04.800 least try to do so with some accuracy, if we 0:24:04.840 --> 0:24:09.080 can't even get into specificity. But o'casio cortez I doesn't 0:24:09.080 --> 0:24:11.000 know about any of this stuff. All she knows is 0:24:11.080 --> 0:24:12.880 there are people who are upset, they feel like they're 0:24:12.960 --> 0:24:16.240 left out. There's a concentration of wealth in what feels 0:24:16.280 --> 0:24:18.919 like very few hands, even though the overall concentration of 0:24:18.960 --> 0:24:21.960 wealth for the American people is much greater than it was, 0:24:22.760 --> 0:24:25.679 and that the two income trap, which is something I 0:24:25.720 --> 0:24:28.440 want to address again on this show. That's a problem. 0:24:28.480 --> 0:24:31.879 But there's a lot of a lot of things to 0:24:31.960 --> 0:24:35.520 unpack in that. It is true that people were able 0:24:35.560 --> 0:24:40.600 to raise at least in the American middle class. You 0:24:40.640 --> 0:24:43.840 were able to raise a family on one income more 0:24:43.880 --> 0:24:47.960 comfortably in the fifties than you could today. But there's 0:24:47.960 --> 0:24:50.159 a lot to look at as to why that's the 0:24:50.160 --> 0:24:55.320 case and what government policies today and then influence those economics. Remember, 0:24:55.359 --> 0:24:58.920 we do not exist. We are not a free market country. 0:24:59.119 --> 0:25:01.800 We aspire to free market, we aspire to be a 0:25:01.920 --> 0:25:06.960 purely capitalist society, but there's a lot of regulation and 0:25:07.040 --> 0:25:11.000 politics and red tape and government intrusion in the marketplace. 0:25:11.840 --> 0:25:13.399 You know, it would be fascinating if I could just 0:25:13.520 --> 0:25:18.600 get an answer to whether o'casio Cortez has read Hyak 0:25:18.640 --> 0:25:21.479