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Speaker 1: This is the primal scream of a dying regime. Pray

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Speaker 1: for our enemies because we're going to medieval on these people.

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Speaker 1: You've not got a free shot. All these networks lying

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Speaker 1: about the people, the people have had a belly full

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Speaker 1: of it. I know you don't like hearing that. I

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Speaker 1: know you tried to do everything in the world to

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Speaker 1: stop that, but you're not going to stop it. It's

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Speaker 1: going to happen. And where do people like that go

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Speaker 1: to share the big line? Mega media?

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Speaker 2: I wish in my soul, I wish that any of

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Speaker 2: these people had a conscience.

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Speaker 1: Ask yourself, what is my task and what is my purpose?

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Speaker 1: If that answer is to save my country, this country

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Speaker 1: will be saved. Wor u'se Your host, Stephen k Man, Wednesday,

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Speaker 1: twelve February, Year of a Lord twenty twenty five. No

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Speaker 1: cold open this morning. We had lots to go through,

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Speaker 1: but we have. There's a subcomm a Doge subcommittee under

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Speaker 1: Marjorie Taylor Green that's going to begin in a moment.

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Speaker 1: Also their votes today at eleven o'clock. I'm looking to

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Speaker 1: my ever crack in studio production team. I think Tulsi

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Speaker 1: is at eleven. You can get a chance for a

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Speaker 1: last call. Two zero two two two four three one

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Speaker 1: two one. Today's game day for Tulsi Gabbard. Also, we're

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Speaker 1: going to break cloture today on Bobby Kennedy Doge. Let's

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Speaker 1: go Bobby Kennedy at cloture voted one. The probably vote

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Speaker 1: around midnight tonight, maybe later, let's go to the Doge Committee.

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Speaker 1: We're going to dip in here before we come back

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Speaker 1: to the show.

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Speaker 3: Not a Republican problem, this is an American problem. To

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Speaker 3: make it clear for everyone, not only are we thirty

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Speaker 3: six trillion dollars in debt, but the compounding interest on

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Speaker 3: our debt is also growing out of control.

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Speaker 1: Even if we.

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Speaker 3: Decided to defund the entire federal government, we cannot escape

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Speaker 3: our debt and the compounding interests owed on our debt,

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Speaker 3: which grows bigigger and bigger every year. In twenty twenty five,

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Speaker 3: interest payments are projected to be nine hundred and fifty

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Speaker 3: two billion dollars, which is more than our entire military budget.

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Speaker 3: In twenty twenty six, it will be one trillion dollars,

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Speaker 3: and by twenty thirty five one point eight trillion dollars.

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Speaker 3: Over the next decade, total interest payments are projected to

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Speaker 3: be thirteen point eight trillion dollars. These interest payments don't

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Speaker 3: serve a single American. They don't build a bridge, e roade,

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Speaker 3: provide disaster relief, or fund a single part of the

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Speaker 3: behemoth that is the federal government. These interest payments pay

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Speaker 3: our masters who own our debt, and the American people

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Speaker 3: are in debt slavery to everyone who owns our debt.

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Speaker 3: Our crippling national debt and massively growing interest on our

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Speaker 3: debt will destroy us. Not destroy one political part or

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Speaker 3: the other, It will destroy all of us together. It

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Speaker 3: drives inflation, making life unaffordable for Americans struggling to financially survive.

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Speaker 3: It is crippling small businesses struggling to be successful. Our

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Speaker 3: massively growing debt and interest are the chains and shackles

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Speaker 3: harnessed to every American and their children and every generation

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Speaker 3: to come. But first, let us be brutally honest about

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Speaker 3: how this massive debt came to be in the first place.

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Speaker 3: It came from Congress and from elected presidential administrations. And

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Speaker 3: I believe enslaving our nation and debt is one of

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Speaker 3: the biggest betrayals against the American people by its own

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Speaker 3: elected government. This American the American people's anger over this

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Speaker 3: betrayal is what gave birth to the concept of DOGE,

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Speaker 3: the Department of Government Efficiency. In fact, DOGE became a

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Speaker 3: major part of President Trump's campaign and led to his

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Speaker 3: overwhelming victory in November. Every day Americans go to work,

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Speaker 3: they run businesses. They have to earn their paycheck, no

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Speaker 3: one guarantees it, and if they don't do a good job,

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Speaker 3: they get fired. They also have to pay their bills,

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Speaker 3: credit card debts, balance their checkbooks, and scrap and save

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Speaker 3: every penny they can in order to plan for that

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Speaker 3: rainy day and hopefully retirement one day. Private businesses only

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Speaker 3: survive on hard earned income by serving their customers so

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Speaker 3: well that their customers pay them for the services and

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Speaker 3: products they consume. If that business fails, its employees lose

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Speaker 3: their jobs and paychecks, and the owners lose their business

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Speaker 3: and everything they risk along with it. Many go bankrupt

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Speaker 3: in this process and lose everything. No one bails them out.

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Speaker 3: They only survive by excellent customer service and smart financial management.

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Speaker 3: This is the real world that most Americans live, work,

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Speaker 3: and survive in every day. This is the pursuit of happiness,

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Speaker 3: and this is how you pursue the American dream. However,

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Speaker 3: the federal government, government employees, and unelected bureaucrats do not

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Speaker 3: live by the same rules as the great American people

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Speaker 3: and private businesses. The federal government's income is the American

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Speaker 3: people's hard earned tax dollars, their literal blood, sweat, and tears,

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Speaker 3: and taxes are collected by law at gunpoint. Don't pay

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Speaker 3: your taxes and you go to jail. The federal government

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Speaker 3: does not have to provide excellent customer service to earn

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Speaker 3: its income. It takes your money, whether you like it

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Speaker 3: or not, and federal employees receive their paycheck no matter what,

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Speaker 3: whether veterans receive their benefits or not, whether your mail

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Speaker 3: shows up or not, and whether your tax dollars are

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Speaker 3: used to help Americans in need or sent to foreign

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Speaker 3: countries for foreign people for foreign causes. No matter how

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Speaker 3: bad the federal government fails the American people, it still

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Speaker 3: takes your money, it still pays its own federal employees,

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Speaker 3: and it never ever goes out of business. There are

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Speaker 3: no consequences for bad customer service, total failure, and for

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Speaker 3: enslaving the American people against their will, and the ever

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Speaker 3: growing and future all consuming national debt. Congress has a

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Speaker 3: dismal approval rating that ranges between twelve and twenty percent.

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Speaker 3: I don't blame the American people one bit for their

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Speaker 3: sentiment and disgust. The American people will be watching this

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Speaker 3: committee and how we tackle one of the biggest problems

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Speaker 3: of our time. While we are a committee made up

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Speaker 3: of the opposite far reaching corners of Congress, we were

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Speaker 3: each elected to serve and represent the American people and

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Speaker 3: how their hard earned tax dollars are spent. We as

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Speaker 3: Republicans and Democrats, can still hold tightly to our beliefs,

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Speaker 3: but we are going to have to let go of

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Speaker 3: funding them in order to save our sinking ship. This

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Speaker 3: is not a time for political theater and partisan attacks.

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Speaker 3: The American people are watching. The legislative branch can't sit

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Speaker 3: on the sidelines. In this subcommittee, we will fight the

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Speaker 3: war on waste shoulder to shoulder with President Trump, Elon Musk,

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Speaker 3: and the DOGE team. This week, we turn our attention

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Speaker 3: to improper payments by the federal government, including in Medicaid

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Speaker 3: and Medicare. I'm looking forward to what we find out

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Speaker 3: and how to solve this crisis, and now you yield

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Speaker 3: to the ranking member. Miss Stansbury for her opening statement,

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Speaker 3: let me let me take it.

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Speaker 1: She's got a number of They've got a number of

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Speaker 1: activists or people that follow this. You know, in DC

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Speaker 1: you have these groups that are kind of good government

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Speaker 1: groups that do a terrific job of following government corruption,

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Speaker 1: you know, lack of accountability, et cetera. She's got a

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Speaker 1: number of heads of those organizations. And if we see

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Speaker 1: something that's fascinating, we will love, which I'm sure most

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Speaker 1: would be very interesting, but we see fascinating. You have

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Speaker 1: a higher bar to get in life in the worm

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Speaker 1: we will dip in there. Marjorie Taylor Green. They are

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Speaker 1: so this committee is and I think part of this

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Speaker 1: is payment system. It gets to do you have the

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Speaker 1: Moskovitz thing, and then I'll bring Natalie in the next

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Speaker 1: block we play Jared Moskovitz.

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Speaker 4: Let me know.

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Speaker 1: We got that there's an issue I want to go

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Speaker 1: back to. What the point is is that we have

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Speaker 1: on fourteen March at midnight, we technically run out of

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Speaker 1: ability to pay anything else. We run out of money,

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Speaker 1: not that we don't we're already at the debt ceiling limits.

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Speaker 1: So we can't bar anymore. What we're doing right now

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Speaker 1: is Scott Bessen. He's kind of juggling the books over

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Speaker 1: there and make sure the cash comes in and pays

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Speaker 1: down everything in a current basis interest. So we're not

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Speaker 1: in arrears on anything. In fact, I didn't give you

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Speaker 1: the Moskovitz thing. We'll just get it off if you

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Speaker 1: get it. Let's bring in Natalie Winters. Natalie wants you

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Speaker 1: tee up. So there's many a multi prong attack on

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Speaker 1: President Trump. MTG right, there is given some back up,

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Speaker 1: particularly in the House of exactly what DOJE is finding?

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Speaker 1: And I'm gonna play Moscovitch this thing in a little while.

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Speaker 1: He went down to the well. You have to seeing

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Speaker 1: kind of repeated war room, which is, hey, we got

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Speaker 1: a fourteen march. The House refuses to address it because

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Speaker 1: they're run around these reconciliation bills, which reconciling bills are fine.

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Speaker 1: We're very supportive of the concept and particularly supportive of

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Speaker 1: the two bill process, which I think think is what

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Speaker 1: we're going to end up doing, which they should have

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Speaker 1: started doing at the beginning. But the compulsories you have

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Speaker 1: to fund the government, and that funding runs out at

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Speaker 1: midnight on fourteen March, and don't think the Democrats are

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Speaker 1: too dumb to understand that they're laying a trap to

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Speaker 1: essentially force the shutdown or the government of President Trump's government.

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Speaker 1: Let's play. I want to play Moskovitz from yesterday, and

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Speaker 1: then I'll comment Natalie's going to join us, because the

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Speaker 1: other attack is in the federal courts. The other attacks

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Speaker 1: in the state courts. They're trying to slow down days

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Speaker 1: of thunder. And now you've got many people coming in

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Speaker 1: and kind of piling to the back to make sure

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Speaker 1: they have President Trump's President Trump's back. Let's go and play.

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Speaker 1: This is a Democrat from Florida. It's going to play it.

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Speaker 4: Thank you, mister Speaker. Mister Speaker, I rise today because

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Speaker 4: I am deeply concerned that we are headed towards a

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Speaker 4: government shutdown, which is on March fourteenth. And it's not

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Speaker 4: about whether Democrats or Republicans would win politically, because we

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Speaker 4: know the American people will lose.

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Speaker 1: But let me tell you why.

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Speaker 4: I'm deeply concerned that we are headed to a government

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Speaker 4: shut down on March fourteenth. I'm worried because the Speaker

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Speaker 4: has not brought the twelve individual spending bills the way

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Speaker 4: we should fund the government. In fact, the promise that

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Speaker 4: was made by my Republican colleagues on how we would

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Speaker 4: fund the government. Republicans have made the argument that the

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Speaker 4: last election was about the status quo disappearing. It can't exist.

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Speaker 4: People are fed up. They created Doge, right Doge, which

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Speaker 4: is going through the federal government and finding fraud, waste,

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Speaker 4: and abuse, so they say, so, they claim. But if

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Speaker 4: that's true, mister Speaker, if Elon Muskin Doge has found

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Speaker 4: all this fraud and waste and abuse hundreds of billions

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Speaker 4: of dollars as they claim, well, then, mister Speaker, we

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Speaker 4: can't fund the government by CR anymore because the CR

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Speaker 4: would refund all of that waste, fraud, and abuse that

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Speaker 4: Doge has found, which means the only way to fund

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Speaker 4: the government is to fund it by individual spending bills.

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Speaker 4: But we're running out of time, mister Speaker. We have

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Speaker 4: a month before the government shuts down. We got to

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Speaker 4: get back to the process of individual spending bills if

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Speaker 4: we don't. If we don't, then the Speaker will be

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Speaker 4: the one who will have closed the government for the

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Speaker 4: American people. And so I'm concerned I'm here to work

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Speaker 4: with the Speaker on the twelve individual spending bills. Democrats

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Speaker 4: are at the table to do that.

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Speaker 1: But we have to be honest.

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Speaker 4: We can't tell the American people where for reducing fraud,

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Speaker 4: waste and abuse, we're for government efficiency. Look at all

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Speaker 4: these things we have found, and then say, but we're

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Speaker 4: going to refund them all with a clean cr And so,

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Speaker 4: mister Speaker, I rise to say, I'm here. I'm willing

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Speaker 4: to stay weekends. I'm willing to work for the next

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Speaker 4: month so that we can if on the government appropriately

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Speaker 4: by the twelve individual spending bills, a promise that my

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Speaker 4: Republican colleagues made. But the Speaker's got to start getting

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Speaker 4: that train moving otherwise he will close the government.

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Speaker 1: Have you heard that before? These people are not dumb people.

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Speaker 1: That's the logic of it. And this is why I've

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Speaker 1: said now for months since those first came up, You've

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Speaker 1: got to merge in the DOGE process, into the appropriations process.

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Speaker 1: Did we not fight for individual appropriations bills? Because this

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Speaker 1: is where you're actually going to address not just the waste, fraud, abuse,

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Speaker 1: but even deeper programmatically. Why are we're doing this? This

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Speaker 1: is why in the middle of the night. MTG. Lauren Bobert,

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Speaker 1: Eli Crane, Matt Gates, Andy Biggs. Familiar names. Heard those

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Speaker 1: names before went through, particularly on AID. There's nothing that's

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Speaker 1: come up in the USAID except maybe the Internet, the

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Speaker 1: Internet news connections to some others that people haven't argued about.

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Speaker 1: For you, it was establishment Republicans at the committee level.

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Speaker 1: At the committee level, you couldn't even get it out.

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Speaker 1: The budgets now just come out, take a hat, to

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Speaker 1: take a bout. War and posse. Things had a little

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Speaker 1: bit to do with the banets being out, like stop

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Speaker 1: the nonsense, let's just put your cards on table, let's

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Speaker 1: have the discussion now dead ceiling increase of four tree

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Speaker 1: and dollars is what the House Freedom Caucus recommended a

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Speaker 1: week or so ago. Two weeks I told you that

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Speaker 1: would be we got to face some hard truth, folks.

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Speaker 1: That means two trillion dollars this year. That means two

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Speaker 1: treeon dollars next year. That gets you to four So

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Speaker 1: and they got all. They've also announced a four and

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Speaker 1: a half tree and of cuts or five training cuts

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Speaker 1: or something. I guarantee you haven't looked at the details.

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Speaker 1: Guarantee you a dollar to a donut. As my lovely

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Speaker 1: mother would say, that it's all in the out years

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Speaker 1: and it's not now use your host, Stephen k back. Okay,

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Speaker 1: So we're going to explain it to you. So the

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Speaker 1: warm posse, the force multipliers, the cadres fully understand it

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Speaker 1: because in the land of the blind, the one eyed

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Speaker 1: man is king. As we've said for months, it's all

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Speaker 1: coming together because we're forcing their hand. They've got a

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Speaker 1: budget they put out. It's got, you know, trains of

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Speaker 1: the Let me say this, it's all performative. You don't

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Speaker 1: get to thirty six trillion dollars and you don't know

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Speaker 1: where the money was spent. I'm not talking on an

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Speaker 1: operating basis. That's different. That's what doge going on. I'm

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Speaker 1: talking on the balance sheet. I keep saying, show me,

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Speaker 1: I see where I know the sources of proceeds. That's

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Speaker 1: taxes and barring money, creating fee had money, and I

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Speaker 1: see we got thirty six as the face amount on

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Speaker 1: the national debt. That does not include the contingent liabilities

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Speaker 1: against the dollar. That's a whole another discussion. And that

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Speaker 1: gets over the net present value that's over one hundred tree,

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Speaker 1: and so hold it. Put down your morning call, I mean,

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Speaker 1: have another cup of coffee. I'm not going to get

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Speaker 1: into that today. Let's just deal. Let's deal with the

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Speaker 1: easier of the financial mess that we're in. But some

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Speaker 1: point in time you have to have the political will

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Speaker 1: to just say we can only afford this going forward

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Speaker 1: at these spending levels. If we increase three ways to

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Speaker 1: do it, you increase the denomina, you increase growth. Right

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Speaker 1: and President Trump in nineteen I think got up to

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Speaker 1: three three and a half percent growth. Right now, CBO

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Speaker 1: projects one point eight percent growth. I think in these

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Speaker 1: budget numbers, if memory serves me correctly, what the Republicans

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Speaker 1: aren't present today is two point five percent growth. I

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Speaker 1: don't see a get to two point five. I know

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Speaker 1: Scott's Besson's planned with hisply Sack cut as you get

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Speaker 1: to three percent. I love all that. And this is

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Speaker 1: not arguing about angels on the head of a pin.

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Speaker 1: This is kind of the predicate that sets all the

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Speaker 1: anth it comes forward. These are the basic core assumptions

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Speaker 1: that one has to be kind of correct about, or

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Speaker 1: at least directionally correct. Now elon yesterday, and I'll break

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Speaker 1: that down later in the show, he was talking about

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Speaker 1: five percent. You know, Andreas and these guys saying, if

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Speaker 1: you just take off the regulatory apparatus, in other words,

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Speaker 1: if you let the oligarchs be oligarchs, they're going to

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Speaker 1: get to five percent. Now there won't be anybody working

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Speaker 1: for them, because I'll be artificial intelligence. But I digress.

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Speaker 1: I don't think you're gonna get to five percent. And

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Speaker 1: I think it's a fantasy to talk about that, particularly

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Speaker 1: the situation we're in, because it can lead you to

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Speaker 1: a lot of false conclusions and you have to be

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Speaker 1: realistic about what you can cut. And I'm all for

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Speaker 1: cutting it down to the bone. But as I've said,

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Speaker 1: I think Glenn Greenwald backed me up last night on

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Speaker 1: Jesse Waters. Until you cross the Potomac and get into

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Speaker 1: it with the defense apparatus over there, you're not going

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Speaker 1: to have any will to cut anything else. And let's

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Speaker 1: be blunt. At two years, at four trillion dollars of

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Speaker 1: debt increase. And I'm not saying I pose that. I

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Speaker 1: think you have to face reality. This is an unpleasant reality.

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Speaker 1: The creditors committee, which is you have to face is

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Speaker 1: that it takes a while to turn the bout turn

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Speaker 1: the aircraft carrier around. But four trillion dollars two years

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Speaker 1: is basically two trillion dollars a year, and that is

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Speaker 1: let's get back to it. We're almost halfway through the

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Speaker 1: fiscal year. We will be I think by fourteen March

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Speaker 1: we're on a runner. I think we're eight hundred and

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Speaker 1: eight hundred and fifty eight billion already in deficit right now,

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Speaker 1: which by the way, up until least January was a

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Speaker 1: record pace that will lead to two trillion dollars. CBO

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Speaker 1: says that cboss one to nine. The numbers they put

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Speaker 1: out the other day on the ten year forecast was

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Speaker 1: two trade. In the house, they come in with this

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Speaker 1: deal in the budget, except I House freedom Cocks is

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Speaker 1: of two trade, and so hey, guess what, there's no cuts.

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Speaker 1: There's no cuts if the cuts are on the margin.

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Speaker 1: Now they're presenting this budget and they say, Steve, you're

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Speaker 1: too hard on us because by by statue, we have

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Speaker 1: to provide ten years. I go, guys, I understand that.

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Speaker 1: And you walk into companies that are turned around. So

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Speaker 1: they got all kind of legal stuff they got to do.

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Speaker 1: But that's fine, that's form, that's performative. That's not reality.

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Speaker 1: Reality is cash in, cash out, because where you cash

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Speaker 1: in cash out gap and that would be mister deficit.

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Speaker 1: It has to be financed somehow, and right now it's

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Speaker 1: finance essentially by printing money. As you know yesterday from

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Speaker 1: our discussion. The more money comes in the system wire

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Speaker 1: flooded now with dollars. The more money comes in, the

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Speaker 1: greater inflation is. And this is why the price of

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Speaker 1: eggs are not going to go down. It's not a

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Speaker 1: supply chain issue anymore. It's really part of it. In

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Speaker 1: as significant part is the is the financing of the debt,

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Speaker 1: which roughly one third has to be refinanced every year.

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Speaker 1: Marjorie Taylor Green and her open talked about the interest

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Speaker 1: payments being almost as high as the Pentagon's nine hundred

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Speaker 1: billion dollars. Well, actually that's the net number that's taking

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Speaker 1: out the interest we have for owning our own bonds

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Speaker 1: because you can't sell them, so guess what, we just

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Speaker 1: make them up. And I'm not kidding you. This is

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Speaker 1: how it's done. When there's when we run out of

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Speaker 1: Japanese insurance companies, when we run out of the Chinese

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Speaker 1: companiest party, when you run out of the guys and

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Speaker 1: the golf emirates. When everybody's tapped out. When everybody's tapped out,

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Speaker 1: they just create them and you own them, and they

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Speaker 1: do all kind of you know. Oh, but this is

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Speaker 1: public debt, public health. They get all the things of

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Speaker 1: the debt and the net debt. I'd like to look

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Speaker 1: at the gross number, which I think is one through

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Speaker 1: three or one four tree and an interest. Like I said,

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Speaker 1: I haven't taken these numbers to the fifth decimal place,

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Speaker 1: but directionally this is all close. And look everything I've said,

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Speaker 1: it's all coming to like I told you months ago.

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Speaker 1: Not that I'm happy about that. I think we've kind

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Speaker 1: of forced this topic of coming out. Now. Let me

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Speaker 1: give you some more reality check. When they talk about

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Speaker 1: because the spending is now, the debt increases now now

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Speaker 1: now now, because that's reality. That's cash going out the door.

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Speaker 1: It's cash going out the door, and you have two

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Speaker 1: ways of cash going at the door. What DOSEE is

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Speaker 1: doing they call it audit. What they're initially doing is

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Speaker 1: going in and finding inefficiencies and appropriate misappropriations. They're talking

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Speaker 1: about illegal payments. I don't know. I would assume the

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Speaker 1: systems are better than that maybe they're not. We'll see,

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Speaker 1: but Moscowitz just calls the bluff. Okay, we can't finance it.

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Speaker 1: If it's if it's illegal, or if it's inappropriate, or

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Speaker 1: if it's misdirected. That's got to come out. This is

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Speaker 1: what I've been saying forever. We can't do that. Now.

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Speaker 1: The harder of that, that's and that's gonna be some

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Speaker 1: that's gonna be a number. Hopefully it's a significant number

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Speaker 1: to get because so we can stop it. We'll be

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Speaker 1: able to stop that immediately. The harder is programmatically, remember

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Speaker 1: it's not finding waste far an abuse and getting rid

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Speaker 1: of some bureaucrats. Of course, that's got to be done.

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Speaker 1: And President Trump yesterday signed it executive order in there,

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Speaker 1: and that was a riff. That's a major reduction force.

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Speaker 1: I think he's up to fifty percent of the federal workforce.

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Speaker 1: And that's gonna be tangled up in courts, but at

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Speaker 1: least it's a shot across the bow. And now he's

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Speaker 1: going to be here in a second talk about that's

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Speaker 1: not easy because these judges are this is this is

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Speaker 1: the J six all over again. Now it's against President

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Speaker 1: Trump and his programs, but let's get back. You have

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Speaker 1: the tax, you have the tax deal, and they want

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Speaker 1: I think four and a half trellion dollars in the

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Speaker 1: tax and the ways. I mean, I haven't seen. I

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Speaker 1: just got to make sure that no tax on social

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Speaker 1: Security is there, because yesterday, voila out of nowhere, the

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Speaker 1: Penn Wharton, you know, all of a sudden they put

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Speaker 1: in analysis out there that I'm sure wasn't paid by

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Speaker 1: the Koch brothers. Hint, hint, because it said, gosh, we

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Speaker 1: can't really cut taxes on social Security for the middle

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Speaker 1: class because you know, it may help the wealthy too much.

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Speaker 1: And then when you look at the study, is they

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Speaker 1: said to be a bad thing or hurt the social

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Speaker 1: security thing? You look down they never like had Oh

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Speaker 1: you would back and fill if you get to everybody

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Speaker 1: you had a gap. Maybe you increase taxes on the wealthy.

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Speaker 1: Yeah m hm, yep. They missed that point. That's kind

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Speaker 1: of buried down there trying to sell you on the

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Speaker 1: fact that taking out the tax on social Security is

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Speaker 1: a bad thing. No, it is a good thing. It

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Speaker 1: is a very good thing. One Folks that have worked

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Speaker 1: all their lives and are now in the golden years

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Speaker 1: and finally get a little time off to themselves to

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Speaker 1: kind of, you know, do what they want to do

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Speaker 1: and pursue their purposes having to be in the grind

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Speaker 1: every day, even if you loved your job. Now you

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Speaker 1: get your Social Security, which is not supposed totally be yet,

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Speaker 1: but you get that you don't have to pay taxes

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Speaker 1: on it, which has always been I thought egregious. So

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Speaker 1: you got this tax. We haven't gotten to the body.

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Speaker 1: We haven't gotten into that because I think I don't

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Speaker 1: think it's been a release. Show was released during the show. However,

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Speaker 1: to performingly pay for that, they have to have cuts.

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Speaker 1: And I've gone through this so many times. People call

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Speaker 1: me up on the McCarthy and for years, Oh, we've

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Speaker 1: got so many conservative wins. We have so many conservative wins.

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Speaker 1: We have so many conservative wins. You feeling any wins?

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Speaker 1: You see Elon up there every day. He's talking about

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Speaker 1: stuff that's been in the system that people have been

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Speaker 1: trying to dig out for years and have been buried

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Speaker 1: by the Republican statist at the subcommittee level, not even

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Speaker 1: come up to the at the subcommittee level. USAID is

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Speaker 1: perfect example. Mike Benz Darren Beattie, Raheem Kassam, Jack Pasobaic,

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Speaker 1: I go on and on and Eli Crane, Marjorie Taylor Green,

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Speaker 1: Matt Gates, Andy Biggs, Paul Gosar, on and on and on,

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Speaker 1: and it's all gets voted and it gets in there

428
00:24:53,119 --> 00:24:55,920
Speaker 1: because I guarantee you all this four and a half

429
00:24:56,000 --> 00:24:58,639
Speaker 1: train we got all the massive cuts really is like

430
00:24:58,800 --> 00:25:00,600
Speaker 1: one and a half tree and two train. It's all.

431
00:25:00,680 --> 00:25:02,639
Speaker 1: It's not this year, it's not next year, it's in

432
00:25:02,720 --> 00:25:08,760
Speaker 1: the outyears, and therefore it's irrelevant. One thing we're going

433
00:25:08,800 --> 00:25:10,960
Speaker 1: to make the political class wake up to is that

434
00:25:11,040 --> 00:25:13,720
Speaker 1: we're in a crisis and there's no easy choices, there's

435
00:25:13,760 --> 00:25:16,520
Speaker 1: no magic wand you can power this. I've said this

436
00:25:16,640 --> 00:25:19,879
Speaker 1: for years, and the farther you go down, the fewer

437
00:25:20,280 --> 00:25:24,399
Speaker 1: alternatives and choices you're even going to have. But now

438
00:25:24,480 --> 00:25:27,360
Speaker 1: when people say, well, Steve, differences don't matter, that don't matter. Yeah,

439
00:25:27,400 --> 00:25:31,080
Speaker 1: it matters because now it's embedded into That's one of

440
00:25:31,080 --> 00:25:33,120
Speaker 1: the reasons inflation is up. And oh, by the way,

441
00:25:33,280 --> 00:25:38,120
Speaker 1: even as I'm speaking, the FED just and expected poping inflation,

442
00:25:39,480 --> 00:25:43,080
Speaker 1: pop in inflation. What have I warned about? The bond

443
00:25:43,119 --> 00:25:45,439
Speaker 1: market is going to get a vote here, they're going

444
00:25:45,520 --> 00:25:48,719
Speaker 1: to get a vote, and the bond market is turfed

445
00:25:48,760 --> 00:25:52,560
Speaker 1: out more governments than Howitzer's. Look at the carnage and

446
00:25:52,600 --> 00:25:58,000
Speaker 1: the global political uh to three British governments now trust

447
00:25:58,840 --> 00:26:06,600
Speaker 1: sunk and now and now secure. You've got France turfed out,

448
00:26:06,720 --> 00:26:12,639
Speaker 1: mccrone's control of the of the Assembly, Canada, on and

449
00:26:12,800 --> 00:26:17,760
Speaker 1: on and on. Biden I would argue, we have to

450
00:26:17,760 --> 00:26:19,840
Speaker 1: get serious about this. It's not serious right now. It's

451
00:26:19,840 --> 00:26:24,840
Speaker 1: still performative fourteen March. And the Democrats are not dumb people.

452
00:26:24,960 --> 00:26:26,760
Speaker 1: We had them on their back heel and now they're

453
00:26:26,800 --> 00:26:30,800
Speaker 1: plotting and planning in federal courts and state courts because

454
00:26:30,800 --> 00:26:33,120
Speaker 1: they have in the political power they don't have. They're

455
00:26:33,119 --> 00:26:34,560
Speaker 1: going to sit there and try to leverage on the

456
00:26:34,600 --> 00:26:38,680
Speaker 1: fourteenth of March. They're all in for shutting down Trump's

457
00:26:38,720 --> 00:26:43,760
Speaker 1: government in its first one hundred days. So will weave

458
00:26:43,840 --> 00:26:48,240
Speaker 1: our way through the thicket in the fog of war.

459
00:26:49,000 --> 00:26:54,760
Speaker 1: It's important to see through the gun smoke clearly, sure

460
00:26:54,760 --> 00:27:01,280
Speaker 1: commercial break back. In a moment, he was Stephen K

461
00:27:06,560 --> 00:27:09,880
Speaker 1: welcome back, particularly rumble chat. Don't worry about the hair.

462
00:27:09,960 --> 00:27:11,920
Speaker 1: You've got to do this like once every year or

463
00:27:12,000 --> 00:27:13,840
Speaker 1: so to kind of get it set to go back.

464
00:27:13,880 --> 00:27:16,760
Speaker 1: It was. It was too out of control. As much

465
00:27:16,800 --> 00:27:18,200
Speaker 1: as I love it long and we're gonna get it

466
00:27:18,200 --> 00:27:20,520
Speaker 1: along again. You gotta you gotta, you gotta re you

467
00:27:20,560 --> 00:27:24,359
Speaker 1: gotta reposition, you gotta reset. We had a reset. So

468
00:27:24,520 --> 00:27:28,120
Speaker 1: don't don't fret. We're going the main is coming back.

469
00:27:28,480 --> 00:27:30,159
Speaker 1: We're just doing it in a way that maybe is

470
00:27:30,240 --> 00:27:34,639
Speaker 1: not so crazy. I'm trying to go to these numbers

471
00:27:34,680 --> 00:27:36,240
Speaker 1: as we're doing it. I want to bring in Natalie.

472
00:27:37,119 --> 00:27:39,840
Speaker 1: So folks, uh, let's step back for a second on

473
00:27:39,960 --> 00:27:43,600
Speaker 1: the battlefield of Days of Thunder and pushing through President

474
00:27:43,600 --> 00:27:46,720
Speaker 1: Trump's agenda. As I said, you've got the let's go

475
00:27:46,840 --> 00:27:49,200
Speaker 1: back to the you've got the kinetic part of the

476
00:27:49,240 --> 00:27:53,960
Speaker 1: Third World War. And so Bestin's over there, JD's over there,

477
00:27:54,080 --> 00:27:57,879
Speaker 1: hegsas over there, are owned Jack Psobacs over there. President

478
00:27:57,920 --> 00:28:02,640
Speaker 1: Trump's given them instruction, gave gave of Bestent a big

479
00:28:03,920 --> 00:28:05,600
Speaker 1: atta boy to go over there and get involved in

480
00:28:05,720 --> 00:28:07,720
Speaker 1: Now he's supposed to that. I guess negotiating some of

481
00:28:07,800 --> 00:28:10,399
Speaker 1: the minerals, as you know, we're like cut run just

482
00:28:10,640 --> 00:28:12,680
Speaker 1: you know, shake their hands, say it was great knowing

483
00:28:12,760 --> 00:28:16,359
Speaker 1: you good luck, hoping it works out, and then depart.

484
00:28:16,560 --> 00:28:19,640
Speaker 1: No security force, no commitment of putting up any money

485
00:28:19,840 --> 00:28:24,560
Speaker 1: for a security force, and certainly no reconstruction money. That

486
00:28:24,760 --> 00:28:26,840
Speaker 1: may not be happening as you like, but hey, it's

487
00:28:27,000 --> 00:28:29,080
Speaker 1: all part of it. So the first thing is President

488
00:28:29,119 --> 00:28:31,040
Speaker 1: Trump wants the guns down and the killing to stop.

489
00:28:31,080 --> 00:28:33,320
Speaker 1: He said that over and over again. Number two, you

490
00:28:33,440 --> 00:28:35,119
Speaker 1: got in the Middle East, you got you know, President

491
00:28:35,160 --> 00:28:39,880
Speaker 1: Trump's kind of given the old tamata, the ultimatum high

492
00:28:39,920 --> 00:28:45,280
Speaker 1: noon hostages, all hostages or you know, they're going to

493
00:28:45,360 --> 00:28:47,600
Speaker 1: go back to work on the Muslim brotherhood Hamas. I

494
00:28:47,680 --> 00:28:50,640
Speaker 1: will tell you the General c c canceled his trip

495
00:28:51,760 --> 00:28:53,719
Speaker 1: to see President Trump last week. I had the King

496
00:28:53,760 --> 00:28:56,240
Speaker 1: of Jordan yesterday. That was not a great meeting. We

497
00:28:56,360 --> 00:28:58,520
Speaker 1: teed it up on the on the six o'clock show.

498
00:28:58,680 --> 00:29:01,240
Speaker 1: Excuse me, on the five o'clock show. That was not

499
00:29:01,320 --> 00:29:05,360
Speaker 1: a great meeting. You could tell. I think President Trump

500
00:29:05,400 --> 00:29:08,239
Speaker 1: gave him some hard truths. I'm not so sure they

501
00:29:08,280 --> 00:29:11,880
Speaker 1: were digging that. Uh So, the whole Middle East, Remember,

502
00:29:12,000 --> 00:29:15,640
Speaker 1: these are not going to be easy. If President Trump

503
00:29:15,880 --> 00:29:18,280
Speaker 1: had not had the elections stolen from him from the usurper,

504
00:29:18,320 --> 00:29:20,600
Speaker 1: we wouldn't be in this situation, but hey, we are.

505
00:29:20,880 --> 00:29:22,920
Speaker 1: We were, we were not winding about. Just giving me

506
00:29:22,920 --> 00:29:25,760
Speaker 1: a reality check. Both of those are hard. Then the

507
00:29:25,840 --> 00:29:29,800
Speaker 1: second on the southern border, it's pretty obvious Homan needs

508
00:29:29,840 --> 00:29:33,840
Speaker 1: some cash, just does because the infrastructure was allowed to

509
00:29:33,920 --> 00:29:39,600
Speaker 1: deteriorate under Biden. Also Homan, Liz your probably this afternoons

510
00:29:39,600 --> 00:29:42,840
Speaker 1: of choice. The Catholic Church, the progressive part of the

511
00:29:42,880 --> 00:29:45,720
Speaker 1: Catholic Church, i e. The Pope and his uh his

512
00:29:45,960 --> 00:29:49,720
Speaker 1: gang are now fully thrown down on this thing to

513
00:29:50,000 --> 00:29:52,840
Speaker 1: basically go against MAGA, the president Ied States, the United

514
00:29:52,880 --> 00:29:57,360
Speaker 1: States of America, Tom Homan. So that's that's coming at

515
00:29:57,440 --> 00:29:59,800
Speaker 1: us and and Homan's grinding is still doing the ice rates.

516
00:29:59,840 --> 00:30:02,040
Speaker 1: But at some point in time to get to the

517
00:30:02,560 --> 00:30:05,240
Speaker 1: mass part of the mass deportations, you've got to have

518
00:30:05,320 --> 00:30:07,880
Speaker 1: some infrastructure. You got to be ready to roll. And

519
00:30:07,960 --> 00:30:10,840
Speaker 1: so that's hung up. They're pushing, they're doing the ice

520
00:30:10,960 --> 00:30:12,880
Speaker 1: raids as best they can. Then in the middle of

521
00:30:12,920 --> 00:30:15,320
Speaker 1: the existential is what we're just talking about, and we'll

522
00:30:15,320 --> 00:30:18,160
Speaker 1: get back to that. But then you've got the three ways,

523
00:30:18,200 --> 00:30:20,760
Speaker 1: You've got the confirmations, you have the executive orders, and

524
00:30:20,760 --> 00:30:22,800
Speaker 1: executive actions for the days of thunder. You got the

525
00:30:22,880 --> 00:30:26,160
Speaker 1: confirmations right, and then you have the legislation part, which

526
00:30:26,200 --> 00:30:28,880
Speaker 1: is the reconciliation. So we're covering that kind of matrix

527
00:30:30,480 --> 00:30:34,480
Speaker 1: in this And yesterday I held up the New York

528
00:30:34,560 --> 00:30:37,960
Speaker 1: Times outside the courthouse to say, they're coming at the

529
00:30:38,120 --> 00:30:40,840
Speaker 1: at But in the federal courts, they're all over their suits,

530
00:30:40,880 --> 00:30:44,480
Speaker 1: all over the place, and they're in they're selecting these judges,

531
00:30:45,480 --> 00:30:50,280
Speaker 1: these district federal judges to give blanket relief or blanket

532
00:30:50,440 --> 00:30:54,000
Speaker 1: stand downs for the whole nation. And as Natalie Winners

533
00:30:54,040 --> 00:30:56,880
Speaker 1: has found, these are the most radical judges and really

534
00:30:57,000 --> 00:31:02,600
Speaker 1: activist and this big question constitutional crisis. Do you actually

535
00:31:03,160 --> 00:31:04,960
Speaker 1: when they when they tell you you've got to stop

536
00:31:05,040 --> 00:31:06,880
Speaker 1: you stopped spending, you got to keep putting the money

537
00:31:06,880 --> 00:31:08,480
Speaker 1: in the system, you just say, no, we're not going

538
00:31:08,560 --> 00:31:11,040
Speaker 1: to do that. Let's go to the appella court or

539
00:31:11,040 --> 00:31:14,400
Speaker 1: what are you going to do about it? My big fear,

540
00:31:14,760 --> 00:31:17,280
Speaker 1: and I think I'm right on this one. The ticking

541
00:31:17,360 --> 00:31:19,960
Speaker 1: time bomb, or the or the clear and present danger

542
00:31:20,120 --> 00:31:23,160
Speaker 1: is the state court in New York City, Because if

543
00:31:24,200 --> 00:31:27,000
Speaker 1: the Washington d C is the bridge of the ship

544
00:31:27,760 --> 00:31:29,720
Speaker 1: with the home offices, and the FED and the Treasury

545
00:31:29,720 --> 00:31:32,120
Speaker 1: and the White House. If it's the bridge, the engine

546
00:31:32,200 --> 00:31:35,600
Speaker 1: room on transactions is New York City. Everything runs through

547
00:31:35,640 --> 00:31:38,120
Speaker 1: there and it gives them jurisdiction. And you have a

548
00:31:38,560 --> 00:31:42,840
Speaker 1: radical source element in the Manhattan District Attorney who panel

549
00:31:42,840 --> 00:31:46,080
Speaker 1: grand jury indict anybody, and Tiss James, who's overseeing it,

550
00:31:47,280 --> 00:31:52,800
Speaker 1: who can bring civil suits or whatever to slow people down. So, uh,

551
00:31:53,040 --> 00:31:55,880
Speaker 1: the resistance is building. The courts, they're going, they're going

552
00:31:55,960 --> 00:31:59,520
Speaker 1: lawfare again. We're engaging at folks, and every day here

553
00:31:59,600 --> 00:32:01,920
Speaker 1: has got to be You've got to move the change.

554
00:32:01,920 --> 00:32:05,480
Speaker 1: You gotta wins. Let's go, Natalie. You've unearthed some things

555
00:32:05,520 --> 00:32:08,280
Speaker 1: that are quite disturbing, but reality check. What do you got, ma'am?

556
00:32:09,520 --> 00:32:09,720
Speaker 5: Sure?

557
00:32:09,800 --> 00:32:11,560
Speaker 6: Well, I think just to link it back to everything

558
00:32:11,600 --> 00:32:13,440
Speaker 6: you're saying right all the people right now who are

559
00:32:13,520 --> 00:32:17,120
Speaker 6: melting down about how USAID beings shut down is going

560
00:32:17,200 --> 00:32:22,160
Speaker 6: to destroy the so called soft power of the United States, Well,

561
00:32:22,200 --> 00:32:24,240
Speaker 6: I think what they've done to you, what they've done

562
00:32:24,280 --> 00:32:27,400
Speaker 6: to President Trump, what they've done with these radical appointments,

563
00:32:27,800 --> 00:32:30,520
Speaker 6: not of judges but of activists. I guess we now

564
00:32:30,640 --> 00:32:33,880
Speaker 6: know why Democrats in the Senate were working overtime and

565
00:32:33,960 --> 00:32:35,920
Speaker 6: into the wee hours of the night to confirm as

566
00:32:36,000 --> 00:32:40,280
Speaker 6: many judges as possible, because that was essentially the backbone, the.

567
00:32:40,320 --> 00:32:43,880
Speaker 5: Sort of central nervous system of their resistance efforts.

568
00:32:43,920 --> 00:32:47,400
Speaker 6: Of course, in concert with the media, with the civil society,

569
00:32:47,520 --> 00:32:51,240
Speaker 6: mass demonstration type groups. But I think it's important to

570
00:32:51,400 --> 00:32:54,280
Speaker 6: not just sort of let the idea of someone being

571
00:32:54,400 --> 00:32:58,960
Speaker 6: a judge kind of go unnoticed or leave no stone unturned.

572
00:32:59,080 --> 00:33:01,440
Speaker 6: So basically, all of the judges who have tried to

573
00:33:01,480 --> 00:33:03,640
Speaker 6: block President Trump's efforts to.

574
00:33:03,680 --> 00:33:04,720
Speaker 5: I think, if you get to the heart of.

575
00:33:04,720 --> 00:33:09,480
Speaker 6: It, deconstruct the administrative state, whether that's suspending freeze, whether

576
00:33:09,560 --> 00:33:13,960
Speaker 6: that's stopping the grants over at nih USAID, Treasury Labor,

577
00:33:14,440 --> 00:33:15,080
Speaker 6: you name it.

578
00:33:15,560 --> 00:33:17,040
Speaker 5: All of those judges who are.

579
00:33:17,000 --> 00:33:20,760
Speaker 6: Basically rougher stamping the kind of I would say activist

580
00:33:20,920 --> 00:33:24,480
Speaker 6: wet dreams. Of the most far left resistance organizations that

581
00:33:24,560 --> 00:33:29,040
Speaker 6: you've ever met, they all have extremely concerning histories and

582
00:33:29,160 --> 00:33:32,480
Speaker 6: track records not just of donating to Democrats and being

583
00:33:32,560 --> 00:33:37,160
Speaker 6: involved with democratic politics, but more precisely making legal.

584
00:33:36,960 --> 00:33:39,560
Speaker 5: Decisions that are not rooted in anything constitutional.

585
00:33:39,600 --> 00:33:42,200
Speaker 6: You want to talk about a constitutional crisis, let's talk

586
00:33:42,200 --> 00:33:43,600
Speaker 6: about the records of these judges.

587
00:33:43,680 --> 00:33:45,560
Speaker 5: But just to get really granul or one of the

588
00:33:45,640 --> 00:33:46,840
Speaker 5: top judges who's been.

589
00:33:46,800 --> 00:33:50,360
Speaker 6: Really creating issues for President Trump is none other not

590
00:33:50,520 --> 00:33:54,120
Speaker 6: Mitch McConnell, but John McConnell, the chief judge out in

591
00:33:54,240 --> 00:33:57,640
Speaker 6: Rhode Island, who is not only just blocking President Trump's

592
00:33:57,680 --> 00:34:00,720
Speaker 6: federal spending freeze, but he's even going so to threaten

593
00:34:00,800 --> 00:34:04,200
Speaker 6: criminal charges against President Trump and those of his advisors

594
00:34:04,240 --> 00:34:05,080
Speaker 6: who want to kind of.

595
00:34:05,160 --> 00:34:07,400
Speaker 5: Roll out that policy proposal.

596
00:34:07,840 --> 00:34:09,480
Speaker 6: Just to set the stage, we're going to play a

597
00:34:09,760 --> 00:34:12,400
Speaker 6: kind of smattering of clips showing you just how radical

598
00:34:12,440 --> 00:34:14,520
Speaker 6: this guy is. But this is someone who was a

599
00:34:14,600 --> 00:34:18,000
Speaker 6: member of the finance committee back for Hillary Clinton's Senate campaign,

600
00:34:18,080 --> 00:34:21,719
Speaker 6: hosted fundraisers for her, was on the board of Planned Parenthood,

601
00:34:22,080 --> 00:34:27,080
Speaker 6: helped Aclu sue Ice over a dead Chinese probably Communist

602
00:34:27,120 --> 00:34:31,560
Speaker 6: Party linked migrant, worked on countless democratic campaigns. Collectively, between

603
00:34:31,640 --> 00:34:35,359
Speaker 6: him and his wife, they've donated six figures to Democratic

604
00:34:36,040 --> 00:34:40,279
Speaker 6: politicians candidates campaigns. And the media wants to just make

605
00:34:40,360 --> 00:34:44,520
Speaker 6: the headline, right, Oh, judge slaps down Dictator.

606
00:34:44,080 --> 00:34:46,360
Speaker 5: Trump wanting to do a federal spending freeze.

607
00:34:46,360 --> 00:34:48,120
Speaker 6: But I want to play this montage of clips if

608
00:34:48,160 --> 00:34:51,640
Speaker 6: we can't just to show you how truly beyond the

609
00:34:51,760 --> 00:34:56,040
Speaker 6: pale and radical this so called independent arbiter of fact

610
00:34:56,160 --> 00:34:57,240
Speaker 6: in this legal.

611
00:34:57,120 --> 00:34:59,759
Speaker 5: Mind that the mainstream media is now in will and

612
00:34:59,800 --> 00:35:03,320
Speaker 5: will going over Judge John mcconnought's roll the clips.

613
00:35:12,040 --> 00:35:16,160
Speaker 1: Uh, we're not playing the club, you guys. Okay, I

614
00:35:16,200 --> 00:35:18,759
Speaker 1: have the talk. By the way, I just want to

615
00:35:18,760 --> 00:35:21,040
Speaker 1: make sure the engine rooms, the engine rooms are sending

616
00:35:21,080 --> 00:35:22,960
Speaker 1: me something. What we call this is.

617
00:35:24,880 --> 00:35:36,320
Speaker 7: Yah root government actions. When you're sentencing someone, when we

618
00:35:36,880 --> 00:35:40,040
Speaker 7: talk about sentencing that you have to take a moment

619
00:35:40,239 --> 00:35:43,720
Speaker 7: and realize that this you know, middle class, white male,

620
00:35:44,560 --> 00:35:49,879
Speaker 7: privileged person needs to understand the human being that comes

621
00:35:49,960 --> 00:35:52,640
Speaker 7: before us that maybe a woman and may be black,

622
00:35:52,719 --> 00:35:56,280
Speaker 7: maybe transgender, may be poor, may be rich, maybe whatever

623
00:35:57,560 --> 00:36:01,440
Speaker 7: where courts stand uh, and enforced the rule of law

624
00:36:01,880 --> 00:36:06,680
Speaker 7: that is against arbitrary and caprecious actions by by what

625
00:36:06,880 --> 00:36:09,799
Speaker 7: could be a tyrant could be what happened. We saw

626
00:36:09,920 --> 00:36:13,400
Speaker 7: plenty of examples of that recently, so too often to

627
00:36:13,520 --> 00:36:17,520
Speaker 7: really understand that, we fall back on kind of a

628
00:36:17,640 --> 00:36:22,680
Speaker 7: stereotypical comments that judges should have no opinions and and whatnot,

629
00:36:22,680 --> 00:36:25,239
Speaker 7: and that's just not true. We have put together a

630
00:36:25,360 --> 00:36:31,359
Speaker 7: Diversity and Inclusion and Racial Justice Committee that has three

631
00:36:31,440 --> 00:36:34,640
Speaker 7: goals that in many ways, racism is a white people's problem,

632
00:36:34,719 --> 00:36:36,879
Speaker 7: and white people need to figure out how to solve

633
00:36:36,920 --> 00:36:40,120
Speaker 7: it and need to do the hard work to fixing it.

634
00:36:41,239 --> 00:36:41,719
Speaker 1: We all have.

635
00:36:44,320 --> 00:36:48,360
Speaker 7: Have have racism, obviously, but not not the overkind. So

636
00:36:48,640 --> 00:36:50,440
Speaker 7: I think where he's had the biggest thing.

637
00:36:52,719 --> 00:36:55,680
Speaker 1: Okay, So Natalie h And by the way, I want

638
00:36:55,719 --> 00:36:59,840
Speaker 1: to thank for getting that it worked out. The enginers

639
00:37:00,120 --> 00:37:03,680
Speaker 1: sent me that this is forum shopping, the official term

640
00:37:03,719 --> 00:37:05,759
Speaker 1: of our form or venue shopping. And that's what you're

641
00:37:05,760 --> 00:37:10,080
Speaker 1: saying here, is that the federal judge. That guy sounds

642
00:37:10,120 --> 00:37:12,280
Speaker 1: like a mid level Grundane activist.

643
00:37:12,440 --> 00:37:15,960
Speaker 5: Ma'am, No, that is the federal judge.

644
00:37:16,000 --> 00:37:18,799
Speaker 6: It's absolutely absurd the buried lead to of that whole

645
00:37:18,920 --> 00:37:20,440
Speaker 6: kind of display of commentary.

646
00:37:20,520 --> 00:37:22,800
Speaker 5: It was back in twenty twenty one. I obtained the

647
00:37:22,840 --> 00:37:25,239
Speaker 5: whole hour long event. I watched it. I cringed through

648
00:37:25,320 --> 00:37:25,920
Speaker 5: every moment.

649
00:37:26,320 --> 00:37:31,040
Speaker 6: But he was actually speaking to high school both children

650
00:37:31,120 --> 00:37:33,240
Speaker 6: and their parents. So that was this sort of watered

651
00:37:33,280 --> 00:37:37,240
Speaker 6: down version of radicalism. But no, that's the chief judge,

652
00:37:37,280 --> 00:37:39,560
Speaker 6: like I said in Rhode Island, who runs the court

653
00:37:39,640 --> 00:37:42,600
Speaker 6: up there, and basically, Steve, I mean they, and when

654
00:37:42,640 --> 00:37:45,000
Speaker 6: I say they, I mean the mark Eliases of the world,

655
00:37:45,080 --> 00:37:46,640
Speaker 6: the normalis and the people who are sort of the

656
00:37:46,719 --> 00:37:50,640
Speaker 6: architects of the Democrat current lawfare strategy. They've admitted to

657
00:37:50,760 --> 00:37:53,120
Speaker 6: court shopping, right, that was sort of what they were planning.

658
00:37:53,200 --> 00:37:56,680
Speaker 6: I think since they saw President Trump win North Carolina

659
00:37:56,719 --> 00:37:59,560
Speaker 6: and then Pennsylvania, they started realizing, we need to get.

660
00:38:00,120 --> 00:38:01,919
Speaker 5: You know, kind of our work in order.

661
00:38:02,480 --> 00:38:04,960
Speaker 6: But I just think it's sort of broadly more conceptually

662
00:38:05,040 --> 00:38:08,520
Speaker 6: goes back to this idea, right that the NGOs that

663
00:38:08,600 --> 00:38:12,359
Speaker 6: were bankrolling they're not actually NGOs, they're traders and their

664
00:38:12,480 --> 00:38:15,440
Speaker 6: organizations that are being used to destroy this country. Bureaucrats

665
00:38:15,480 --> 00:38:19,040
Speaker 6: are not bureaucrats, they're embeds. Schools are not schools right

666
00:38:19,080 --> 00:38:21,160
Speaker 6: there in doctrination grounds. And in the same way, I

667
00:38:21,200 --> 00:38:23,239
Speaker 6: think the brilliance of President Trump is he can sort

668
00:38:23,280 --> 00:38:27,319
Speaker 6: of unmask and reveal the radicalism and politicization of every

669
00:38:27,360 --> 00:38:30,839
Speaker 6: aspect of American society. Though I guess it's not really politicization,

670
00:38:31,000 --> 00:38:33,920
Speaker 6: it's just the embedding of the deep state and the

671
00:38:34,040 --> 00:38:37,080
Speaker 6: idea that these courts, whether it's the kind of impeachment

672
00:38:37,120 --> 00:38:39,920
Speaker 6: witnesses that they don't have to answer to President Trump,

673
00:38:40,040 --> 00:38:43,400
Speaker 6: and just because they don't like his approach to politics,

674
00:38:43,480 --> 00:38:46,799
Speaker 6: therefore they are justified to engage in sort of outside the.

675
00:38:46,840 --> 00:38:49,120
Speaker 5: System change, which I think if you get to the.

676
00:38:49,160 --> 00:38:52,400
Speaker 6: Core of what norm Eisen is talking about, the idea

677
00:38:52,440 --> 00:38:56,160
Speaker 6: of these color revolutions, to its core, is a movement

678
00:38:56,200 --> 00:38:58,240
Speaker 6: that fundamentally rejects selection results.

679
00:38:58,480 --> 00:39:01,080
Speaker 5: And in the same way, all of these right are

680
00:39:01,239 --> 00:39:04,560
Speaker 5: essentially doing that because they just don't like the policies

681
00:39:04,600 --> 00:39:05,359
Speaker 5: of President Trump.

682
00:39:05,400 --> 00:39:08,720
Speaker 6: And yeah, what he said in those clips are absolutely radical,

683
00:39:08,800 --> 00:39:10,759
Speaker 6: and it's not just supposed to be a gotcha moment,

684
00:39:11,120 --> 00:39:14,560
Speaker 6: but it just shows you that judges like him are

685
00:39:14,760 --> 00:39:18,000
Speaker 6: using their courts, their power, and their influence not to

686
00:39:18,120 --> 00:39:22,279
Speaker 6: reflect anything constitutional, but to take out they're willfully misguided,

687
00:39:22,719 --> 00:39:26,440
Speaker 6: truly radical ideologies on this country.

688
00:39:26,600 --> 00:39:28,680
Speaker 5: And after the break, if we still have time.

689
00:39:28,520 --> 00:39:31,280
Speaker 6: We can get into who's exactly doing the court shopping

690
00:39:31,320 --> 00:39:33,359
Speaker 6: the groups that are behind this, because as you can

691
00:39:33,400 --> 00:39:35,440
Speaker 6: probably imagine, it all goes back.

692
00:39:35,280 --> 00:39:37,160
Speaker 5: To the locker that we've seen over the last four

693
00:39:37,239 --> 00:39:37,719
Speaker 5: years too.

694
00:39:39,920 --> 00:39:41,920
Speaker 1: Yeah, hang with us now, I'm gonna let you. I

695
00:39:42,000 --> 00:39:43,800
Speaker 1: won't need you in the next segment. We'll let you

696
00:39:43,840 --> 00:39:45,120
Speaker 1: at the top hour. I know you need got to

697
00:39:45,160 --> 00:39:47,439
Speaker 1: get to the White House. Okay, So what Natalie was talking,

698
00:39:47,520 --> 00:39:49,320
Speaker 1: I think Pam Bondi's just announce she's going to have

699
00:39:49,320 --> 00:39:51,920
Speaker 1: a press conference at four thirty. I'm sure that's going

700
00:39:51,960 --> 00:39:54,000
Speaker 1: to be covered by Real America's Voice before us. Well,

701
00:39:54,080 --> 00:39:56,879
Speaker 1: we'll pick the at five o'clock. We will go live

702
00:39:56,960 --> 00:39:59,320
Speaker 1: to the to the press conference. If there's something that

703
00:39:59,400 --> 00:40:01,680
Speaker 1: bigger into the White House, I wouldn't assume. I think

704
00:40:01,680 --> 00:40:05,839
Speaker 1: they let her have runway. Pete Hegseth, Folks, you fought

705
00:40:05,920 --> 00:40:08,880
Speaker 1: for him. It's the reason he's Secretary of Defense. Uh,

706
00:40:09,040 --> 00:40:11,920
Speaker 1: he just dropped a bomb over it. Over in the

707
00:40:12,080 --> 00:40:14,160
Speaker 1: discussions in the Ukraine, I think they're in I think

708
00:40:14,200 --> 00:40:19,160
Speaker 1: they're Munich and the head and the Brussels. Pete Hexas said, Hey,

709
00:40:19,640 --> 00:40:23,359
Speaker 1: it's unrealistic to think we're going back to pre war

710
00:40:23,480 --> 00:40:28,960
Speaker 1: borders in Ukraine. Finally, an American official that had the

711
00:40:29,120 --> 00:40:32,239
Speaker 1: stones to sit there and let the Ukrainian people in

712
00:40:32,560 --> 00:40:36,240
Speaker 1: NATO and Europe while he's over in Europe hear the truth.

713
00:40:37,600 --> 00:40:39,480
Speaker 1: This is what President Trump says. He's trying to get peace.

714
00:40:40,440 --> 00:40:44,120
Speaker 1: Get peace first, prosperity. Second, and in getting peace, you

715
00:40:44,160 --> 00:40:47,000
Speaker 1: got to talk truth. These people have been led down

716
00:40:47,040 --> 00:40:51,160
Speaker 1: the primrose path to their destruction and finally you've got

717
00:40:51,200 --> 00:40:53,920
Speaker 1: people like Hexeth are telling them the truth. Short commercial

718
00:40:53,960 --> 00:40:56,320
Speaker 1: breaker and get more into the war against President of

719
00:40:56,360 --> 00:40:57,160
Speaker 1: Trump next.

720
00:40:59,120 --> 00:41:02,120
Speaker 8: Praise remarket paired with a decreased willingness of banks to

721
00:41:02,239 --> 00:41:05,640
Speaker 8: act as intermediaries is a major issue on the horizon.

722
00:41:06,520 --> 00:41:10,480
Speaker 8: When former Treasury Secretary Yellen was before this committee last year,

723
00:41:10,560 --> 00:41:12,759
Speaker 8: I asked her about the resiliency of the treasury market,

724
00:41:13,040 --> 00:41:17,879
Speaker 8: specifically about the wisdom of permanently modifying the SLR. She said,

725
00:41:17,920 --> 00:41:21,560
Speaker 8: it's something that the banking regulator should consider. Does the

726
00:41:21,640 --> 00:41:24,360
Speaker 8: FED plan to finally look at the SLR?

727
00:41:25,360 --> 00:41:26,439
Speaker 2: Yes, I believe we will.

728
00:41:26,560 --> 00:41:27,040
Speaker 3: I have.

729
00:41:28,760 --> 00:41:32,360
Speaker 2: For a long time, like others, been somewhat concerned about

730
00:41:32,560 --> 00:41:35,240
Speaker 2: the levels of liquidity in the treasury market. The amount

731
00:41:35,280 --> 00:41:38,800
Speaker 2: of treasuries has grown much faster than the intermediation capacity

732
00:41:38,880 --> 00:41:41,680
Speaker 2: has grown. And one obvious thing to do is to

733
00:41:42,200 --> 00:41:47,320
Speaker 2: lower to is to reduce the effective something on a

734
00:41:47,400 --> 00:41:50,479
Speaker 2: leverage ratio with the bindingness of it. So that's something

735
00:41:50,600 --> 00:41:54,200
Speaker 2: I do expect we will return to and h and

736
00:41:54,400 --> 00:41:56,480
Speaker 2: work on with our with our new colleagues at the

737
00:41:56,520 --> 00:41:58,520
Speaker 2: other agencies and get done.

738
00:41:59,040 --> 00:42:02,000
Speaker 8: Because I think my call leagues are aware that over

739
00:42:02,040 --> 00:42:04,080
Speaker 8: the course of recent times, literally we have eight times

740
00:42:04,120 --> 00:42:06,399
Speaker 8: as much debt to process and only half as many

741
00:42:06,760 --> 00:42:12,239
Speaker 8: major market makers. The Federal Reserve is not immune to politics. You,

742
00:42:12,480 --> 00:42:15,600
Speaker 8: like every FED governor, go through a lengthy confirmation process

743
00:42:15,640 --> 00:42:19,200
Speaker 8: and Senate, and of course you're required to answer to

744
00:42:19,320 --> 00:42:23,080
Speaker 8: Congress and hearings like this. I can trace a major

745
00:42:23,120 --> 00:42:26,040
Speaker 8: political turning point at the FED to the passage of

746
00:42:26,120 --> 00:42:29,960
Speaker 8: Dodd Frank, which greatly expanded the Fed's regulation and supervision authority.

747
00:42:30,640 --> 00:42:33,440
Speaker 8: Sherman Pal, do you worry that the independence of the

748
00:42:33,560 --> 00:42:37,400
Speaker 8: Federal Reserve's monetary policy function is any way hindered by

749
00:42:37,480 --> 00:42:42,080
Speaker 8: its role as a bank regulator? Can you do both? Well?

750
00:42:42,120 --> 00:42:44,320
Speaker 2: We can, and we do, and we'll continue to do that.

751
00:42:45,320 --> 00:42:45,920
Speaker 1: Clearly, the.

752
00:42:48,920 --> 00:42:53,240
Speaker 2: Regulatory and supervisory side is more contentious in political circles,

753
00:42:54,480 --> 00:42:56,319
Speaker 2: but we will continue to carry it out as best

754
00:42:56,360 --> 00:42:58,200
Speaker 2: we can, and to do so in a non political

755
00:42:58,280 --> 00:42:59,279
Speaker 2: way as best we can.

756
00:43:00,000 --> 00:43:02,799
Speaker 8: Clearly, that'll be a major discussion topic in the task

757
00:43:02,880 --> 00:43:06,600
Speaker 8: force in my remaining time. Could you discuss the FEDS

758
00:43:06,640 --> 00:43:10,520
Speaker 8: five year review of monetary policy. What are the categories

759
00:43:10,560 --> 00:43:13,600
Speaker 8: of issues you think that will be helpful to receive

760
00:43:13,680 --> 00:43:14,239
Speaker 8: feedback on.

761
00:43:15,960 --> 00:43:18,600
Speaker 2: So a good part of it will be looking at

762
00:43:18,600 --> 00:43:21,000
Speaker 2: the changes we made in twenty twenty, which were made

763
00:43:21,040 --> 00:43:24,800
Speaker 2: in an environment where we had been stuck at the

764
00:43:24,880 --> 00:43:29,120
Speaker 2: effective lower bound at zero for seven years, and as

765
00:43:29,320 --> 00:43:32,400
Speaker 2: the highest we got our rate really was sustainably was

766
00:43:32,440 --> 00:43:34,040
Speaker 2: one and a half percent, and that was the highest

767
00:43:34,080 --> 00:43:36,960
Speaker 2: of any advanced economy central bank. So the concern was

768
00:43:37,600 --> 00:43:40,239
Speaker 2: that at the slightest downturn we'd be back at the

769
00:43:40,400 --> 00:43:42,680
Speaker 2: zero lower bound and we'd be stuck. So we were

770
00:43:42,719 --> 00:43:45,759
Speaker 2: looking for ways to make up for that. So then

771
00:43:45,840 --> 00:43:49,080
Speaker 2: the question is we got this inflation out of the

772
00:43:49,160 --> 00:43:52,080
Speaker 2: pandemic and the events related to it, are we in

773
00:43:52,120 --> 00:43:54,080
Speaker 2: a different place now? And I think the chances are

774
00:43:54,160 --> 00:43:57,400
Speaker 2: pretty good that maybe that the effective lower bound is

775
00:43:57,440 --> 00:43:59,840
Speaker 2: still a concern, but it's not the base case anymore.

776
00:44:00,200 --> 00:44:03,040
Speaker 2: So we need to look at that and decide how

777
00:44:03,120 --> 00:44:05,360
Speaker 2: that what are the implications of that for our framework.

778
00:44:06,120 --> 00:44:08,680
Speaker 8: Thank you, Chairman, and I look forward to several more

779
00:44:08,719 --> 00:44:11,040
Speaker 8: discussions on these topics, and with that I go back

780
00:44:11,080 --> 00:44:11,839
Speaker 8: the balance of my time.

781
00:44:11,920 --> 00:44:16,040
Speaker 1: So he's at the House Finance Committee. That's pal. We'll

782
00:44:16,120 --> 00:44:17,600
Speaker 1: dip a bit in and out of that because it

783
00:44:17,680 --> 00:44:21,040
Speaker 1: can be directly related to President Trump's plan. Don't know

784
00:44:21,080 --> 00:44:23,239
Speaker 1: if he's taken on board this new spending plan, but

785
00:44:23,640 --> 00:44:27,799
Speaker 1: as he said right there, until you get control this debt,

786
00:44:28,280 --> 00:44:30,960
Speaker 1: until you get controlled the refinancing of I don't know,

787
00:44:31,080 --> 00:44:33,279
Speaker 1: up to thirty percent of the debt every year, a

788
00:44:33,360 --> 00:44:37,120
Speaker 1: third of the dead every year, you're in an INBD inflation.

789
00:44:38,920 --> 00:44:42,600
Speaker 1: Birch Gold remember here, and with Birch Gold, we're trying

790
00:44:42,600 --> 00:44:46,759
Speaker 1: to talk show you process the process of because they

791
00:44:46,800 --> 00:44:49,440
Speaker 1: don't say, go buy gold. That's not our job. Go

792
00:44:49,560 --> 00:44:51,279
Speaker 1: talk to the guys of Birch Gold. What we've done

793
00:44:51,360 --> 00:44:53,200
Speaker 1: with Burch Gold, and I think it's genius, is to

794
00:44:53,640 --> 00:44:57,960
Speaker 1: lay out to you the things that drive monetary marks,

795
00:44:58,000 --> 00:45:00,200
Speaker 1: to drive capital markets. That's why I go. We had

796
00:45:00,239 --> 00:45:03,400
Speaker 1: the six free installment on the end of the dollar empire.

797
00:45:04,480 --> 00:45:06,960
Speaker 1: This has been high enough. Uh, you know issue that

798
00:45:07,040 --> 00:45:09,120
Speaker 1: President Trump came out with a truth, you know, weeks

799
00:45:09,160 --> 00:45:11,439
Speaker 1: ago saying, hey, bricks nations, if you even think about

800
00:45:11,480 --> 00:45:14,520
Speaker 1: ganging up and trying an alternative currency backed by gold

801
00:45:15,520 --> 00:45:18,360
Speaker 1: or somehow backed by gold, I will put a hundred

802
00:45:18,360 --> 00:45:23,320
Speaker 1: percent tariff on each one of you. And when Saudi

803
00:45:23,320 --> 00:45:25,560
Speaker 1: arabiing these guys some of the countries doing it, that

804
00:45:25,680 --> 00:45:28,480
Speaker 1: gets their attention. Birch Gold dot com. You got to

805
00:45:28,480 --> 00:45:31,320
Speaker 1: read the sixth Free Installment. We'll read them all, but

806
00:45:31,440 --> 00:45:35,480
Speaker 1: the sixth Free Installment is a modern monetary theory, the

807
00:45:35,600 --> 00:45:37,680
Speaker 1: idea that broke the world. Because we're a huge believer

808
00:45:37,719 --> 00:45:42,000
Speaker 1: in ideas have consequences. Birch Gold dot com slash Bannon,

809
00:45:42,160 --> 00:45:46,640
Speaker 1: go check it out today, Natalie Winners. The groups that

810
00:45:46,719 --> 00:45:49,920
Speaker 1: are driving this and and driving these to really go

811
00:45:50,160 --> 00:45:53,359
Speaker 1: forum shopping and to get these radical judges that at

812
00:45:53,400 --> 00:45:55,640
Speaker 1: the forefront, they're the they're the they're the vanguard of

813
00:45:55,680 --> 00:45:58,080
Speaker 1: trying to shut down President Trump's revolution. Ma'am.

814
00:45:59,360 --> 00:46:04,040
Speaker 6: Yeah, I guess it's forum shopping to destroy America. And

815
00:46:04,120 --> 00:46:06,480
Speaker 6: when you look at who these people are that are involved,

816
00:46:06,560 --> 00:46:08,640
Speaker 6: it's always they say conspiracy theories.

817
00:46:08,680 --> 00:46:11,000
Speaker 5: I think in the war where we say pattern.

818
00:46:10,760 --> 00:46:15,480
Speaker 6: Recognition and I think case in point right, protect democracy.

819
00:46:15,719 --> 00:46:18,759
Speaker 6: This group that was intimately involved with keeping President Trump

820
00:46:18,840 --> 00:46:22,080
Speaker 6: off the ballot in Colorado is part of the group

821
00:46:22,520 --> 00:46:26,600
Speaker 6: that represents Democracy Forward, that's been behind virtually every single

822
00:46:26,760 --> 00:46:31,200
Speaker 6: lawsuit against every action taken by President Trump. And you

823
00:46:31,320 --> 00:46:35,239
Speaker 6: know who chairs the board of Democracy Forward, none other

824
00:46:35,360 --> 00:46:38,480
Speaker 6: than Mark Elias, Right, So please spare me the idea

825
00:46:38,560 --> 00:46:41,840
Speaker 6: that Mark Elias is some independent arbiter of elections and

826
00:46:41,880 --> 00:46:45,920
Speaker 6: electoral politics when he's the one directly responsible for not

827
00:46:46,080 --> 00:46:49,279
Speaker 6: just being the lifeblood and the front lines of everyone.

828
00:46:49,040 --> 00:46:50,960
Speaker 5: Who represents the deep state here in DC.

829
00:46:51,640 --> 00:46:55,680
Speaker 6: But they're launching legal assault after legal assault on President

830
00:46:55,760 --> 00:47:01,640
Speaker 6: Trump every single day. And remember States United for Democracy,

831
00:47:01,719 --> 00:47:05,120
Speaker 6: the Democracy Defender's Fund, that's the normaliz In group. They're

832
00:47:05,160 --> 00:47:07,360
Speaker 6: the one that basically brought the case against all the

833
00:47:07,400 --> 00:47:11,560
Speaker 6: people out in Arizona as boyand Information and Materials now show.

834
00:47:11,960 --> 00:47:15,920
Speaker 6: They've also been suing Doge from every single vertical. So

835
00:47:16,040 --> 00:47:19,520
Speaker 6: it's the same exact people who are all bankrolled and

836
00:47:19,680 --> 00:47:23,320
Speaker 6: funded by the same exact institutions, and they're using the

837
00:47:23,400 --> 00:47:26,080
Speaker 6: same strap lines and messaging that they used to come

838
00:47:26,120 --> 00:47:28,960
Speaker 6: after President Trump, certainly for the kind of interregnum period

839
00:47:29,000 --> 00:47:31,560
Speaker 6: from twenty twenty to twenty twenty four, but it's also

840
00:47:31,600 --> 00:47:33,719
Speaker 6: the same people who are involved from twenty sixteen to

841
00:47:33,840 --> 00:47:36,160
Speaker 6: twenty twenty with the impeachments.

842
00:47:35,840 --> 00:47:38,279
Speaker 5: Or the various lawfair stuff. So I think It just

843
00:47:38,400 --> 00:47:40,960
Speaker 5: sort of sort of shows you that the deep.

844
00:47:40,840 --> 00:47:44,600
Speaker 6: State does exist, and right now their weapon of choice

845
00:47:45,160 --> 00:47:47,440
Speaker 6: is lawfare because they have nothing else.

846
00:47:47,800 --> 00:47:49,720
Speaker 5: But I think it sort of proves that every.

847
00:47:49,600 --> 00:47:52,480
Speaker 6: Lawsuit that they're bringing against him is not rooted in

848
00:47:52,600 --> 00:47:57,000
Speaker 6: constitutional jurisprudence or anything remotely legal. It's rooted in pure

849
00:47:57,280 --> 00:48:00,440
Speaker 6: political grievance and a meltdown over the fact that.

850
00:48:00,440 --> 00:48:02,799
Speaker 5: President Trump is deconstructing the administrative state.

851
00:48:05,480 --> 00:48:07,560
Speaker 1: Okay, Natalie, we're gonna let you get over to the

852
00:48:07,600 --> 00:48:10,280
Speaker 1: White House. Be a lot happening this afternoon. Pam Bondi

853
00:48:10,440 --> 00:48:12,120
Speaker 1: is going to have a press conference at four point

854
00:48:12,120 --> 00:48:14,920
Speaker 1: thirty her first as Attorney General of the United States,

855
00:48:15,040 --> 00:48:17,760
Speaker 1: vote on Tulca Gabbert's coming up, vote on Bobby Kennedy's

856
00:48:17,760 --> 00:48:20,480
Speaker 1: coming up. A full day. You've got to hear dose

857
00:48:20,520 --> 00:48:23,799
Speaker 1: s hearing going on right now, subcommittee hearing, a testimony

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Speaker 1: of the Chairman of the Federal Reserve, and much much more.

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Speaker 1: Alista Grass is going to join us in the second hour.

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Speaker 1: We've got a lot going on, Natalie, social media.

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Speaker 6: Some people can follow you, Natalie, is you in terms

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Speaker 6: of all social media platforms?

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Speaker 5: Thank you for having me.

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Speaker 1: Great job man. See her with the White House Afternoon

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Speaker 1: Natalie Winners, our White House correspondent. Short commercial break. The

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Speaker 1: right stuff is going to take you out. We'll be back,

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Speaker 1: I think in ninety seconds. Second Hourly warder