1 00:00:01,680 --> 00:00:03,640 Speaker 1: Did you see these people on my right the way 2 00:00:03,680 --> 00:00:08,680 Speaker 1: that you said some of them? How about Omar screaming, screaming, 3 00:00:09,920 --> 00:00:11,480 Speaker 1: screaming like a lunatic. 4 00:00:11,520 --> 00:00:13,960 Speaker 2: You looked at her, bulging eyes. She's crazy. Get it 5 00:00:14,040 --> 00:00:18,120 Speaker 2: the hell out of here, the Omar and her friends 6 00:00:18,239 --> 00:00:19,560 Speaker 2: and her little friends. 7 00:00:20,600 --> 00:00:24,759 Speaker 3: You're listening to the forty seven Morning Update with Ben ferguson. 8 00:00:24,320 --> 00:00:26,119 Speaker 4: Good Saturday morning. Nice to have you with us on 9 00:00:26,200 --> 00:00:28,400 Speaker 4: the forty seven Morning Update. And we've got one big 10 00:00:28,440 --> 00:00:31,400 Speaker 4: story for you. President Trump Say the Union, Well, we 11 00:00:31,440 --> 00:00:33,959 Speaker 4: now know if it connected with voters. And the big 12 00:00:34,080 --> 00:00:36,320 Speaker 4: question is did the president get a real bump in 13 00:00:36,360 --> 00:00:39,199 Speaker 4: the polls, the data. We've got it all for you. 14 00:00:39,360 --> 00:00:42,400 Speaker 4: It's the forty seven Morning Update and it starts right now. 15 00:00:42,640 --> 00:00:43,640 Speaker 3: Story number one. 16 00:00:43,840 --> 00:00:47,640 Speaker 4: We've got new data out about the performance of Donald 17 00:00:47,640 --> 00:00:50,800 Speaker 4: Trump as president United States of America and the State 18 00:00:50,840 --> 00:00:54,440 Speaker 4: of the Union address. And the numbers, well, they're exactly 19 00:00:54,480 --> 00:00:59,080 Speaker 4: what I expected. Donald Trump's post Stay the Union approval 20 00:00:59,160 --> 00:01:04,200 Speaker 4: rating has now jumped to fifty one percent. That isn't 21 00:01:04,240 --> 00:01:08,320 Speaker 4: a poll taken entirely after the President's triumphant say of 22 00:01:08,360 --> 00:01:12,559 Speaker 4: the Union on Tuesday night. The new survey that came 23 00:01:12,600 --> 00:01:17,320 Speaker 4: out was more than one thousand likely voters between February 24 00:01:17,319 --> 00:01:19,640 Speaker 4: the twenty fourth and the twenty six and had found 25 00:01:19,680 --> 00:01:23,560 Speaker 4: that forty seven point one percent of those polled strongly 26 00:01:23,600 --> 00:01:26,479 Speaker 4: approved of the job of the president was doing well. 27 00:01:26,520 --> 00:01:31,280 Speaker 4: Three point seven percent said they approved. Trump's disapproval ratings 28 00:01:31,319 --> 00:01:33,920 Speaker 4: sits at forty eight percent, not surprising because we're a 29 00:01:34,000 --> 00:01:37,280 Speaker 4: very divided country. The number, by the way, is made 30 00:01:37,360 --> 00:01:40,920 Speaker 4: up of thirty nine point one percent who strongly disapprove 31 00:01:41,120 --> 00:01:44,199 Speaker 4: of President Trump and what he's doing. That's your radical left, 32 00:01:44,280 --> 00:01:48,440 Speaker 4: the socialist, Marxist and communists. Well, eight point five percent 33 00:01:48,560 --> 00:01:53,840 Speaker 4: merely disapproved. Now, this poll is one that is significant 34 00:01:54,160 --> 00:01:56,880 Speaker 4: because it shows that the present obviously did what he 35 00:01:56,960 --> 00:02:01,240 Speaker 4: needed to do at that speech, talking to Americans and 36 00:02:01,320 --> 00:02:04,760 Speaker 4: making sure that he feels like Americans have pride in 37 00:02:04,800 --> 00:02:07,680 Speaker 4: their country. Part of what the President talked about. 38 00:02:08,480 --> 00:02:11,200 Speaker 1: Two hundred and fifty years is a long time in 39 00:02:11,200 --> 00:02:14,400 Speaker 1: the life of a nation, But in other sense, it's 40 00:02:14,440 --> 00:02:18,240 Speaker 1: really a mere moment in the eye of history. Two 41 00:02:18,280 --> 00:02:21,000 Speaker 1: of the gentlemen we met in the gallery this evening 42 00:02:21,040 --> 00:02:25,680 Speaker 1: took their first breaths one century ago. One hundred years 43 00:02:25,720 --> 00:02:30,440 Speaker 1: before that, on July fourth, eighteen twenty six, the author 44 00:02:30,520 --> 00:02:36,520 Speaker 1: of the Declaration of Independence, brilliant Thomas Jefferson, to his 45 00:02:36,840 --> 00:02:41,760 Speaker 1: last breath. Just a single long human lifespan separates the 46 00:02:41,880 --> 00:02:46,040 Speaker 1: giants who declared and won our independence from the heroes 47 00:02:46,080 --> 00:02:50,080 Speaker 1: who stand among us tonight. Everything our nation has done, 48 00:02:50,160 --> 00:02:53,200 Speaker 1: everything we have achieved, has been the work of those 49 00:02:53,280 --> 00:02:58,000 Speaker 1: few great lifetimes. In those brief chapters, Americans built this 50 00:02:58,200 --> 00:03:03,880 Speaker 1: nation from thirteen colonies into the pinnacle of human civilization 51 00:03:04,040 --> 00:03:08,839 Speaker 1: and human freedom, the strongest, wealthiest, most powerful, most successful 52 00:03:08,960 --> 00:03:13,799 Speaker 1: nation in all of history. Americans ventured out across the 53 00:03:14,160 --> 00:03:20,640 Speaker 1: daunting and dangerous continent. We carved, passed through an unforgiving wilderness, 54 00:03:21,280 --> 00:03:25,200 Speaker 1: settled a boundless frontier, and tamed the beautiful but very 55 00:03:25,520 --> 00:03:32,079 Speaker 1: very dangerous wild West. From empty marshes and wide open plains, 56 00:03:32,120 --> 00:03:37,080 Speaker 1: we raised up the world's greatest cities. Together, we mastered 57 00:03:37,120 --> 00:03:43,400 Speaker 1: the world's mightiest industries and shattered histories monstrous tyrannies, and 58 00:03:43,440 --> 00:03:48,240 Speaker 1: we liberated millions from the chains of fascism, communism, oppression, 59 00:03:48,280 --> 00:03:52,560 Speaker 1: and terror. Americans lifted humanity into the skies on the 60 00:03:52,600 --> 00:03:56,760 Speaker 1: wings of aluminum and steel, and then we launched mankind 61 00:03:56,840 --> 00:04:01,160 Speaker 1: into the stars on rockets powered by sheer American will 62 00:04:01,280 --> 00:04:07,680 Speaker 1: and unyielding American pride. We wired that lobe with our ingenuity, 63 00:04:08,320 --> 00:04:12,840 Speaker 1: We captivated the planet with American culture, and now we 64 00:04:12,960 --> 00:04:17,120 Speaker 1: are pioneering the next great American breakthroughs that will change 65 00:04:17,800 --> 00:04:19,160 Speaker 1: the entire world. 66 00:04:19,880 --> 00:04:21,000 Speaker 2: All of this and. 67 00:04:20,960 --> 00:04:25,760 Speaker 1: So much more is the enduring legacy, unmatched glory of 68 00:04:25,839 --> 00:04:29,480 Speaker 1: the hard working patriots who built and defended this country, 69 00:04:30,040 --> 00:04:34,080 Speaker 1: and who still carry the hopes and freedoms on all 70 00:04:34,160 --> 00:04:39,000 Speaker 1: of humanity's backs. For years, they were forgotten, betrayed, and 71 00:04:39,080 --> 00:04:42,760 Speaker 1: cast aside. But that great betrayal is over and they 72 00:04:42,800 --> 00:04:47,520 Speaker 1: will never be forgotten again. Because when the world needs courage, daring, 73 00:04:47,680 --> 00:04:53,040 Speaker 1: vision and inspiration, it is still turning to America. And 74 00:04:53,120 --> 00:04:57,240 Speaker 1: when God needs a nation to work his miracles, he 75 00:04:57,400 --> 00:05:02,640 Speaker 1: knows exactly who to ask. There is no challenge Americans 76 00:05:02,720 --> 00:05:06,919 Speaker 1: cannot overcome, no frontier too vast for us to conquer, 77 00:05:07,800 --> 00:05:12,120 Speaker 1: no dream too bold for us to chase, no horizon 78 00:05:12,279 --> 00:05:15,960 Speaker 1: too distant for us to claim. For our destiny is 79 00:05:16,000 --> 00:05:20,320 Speaker 1: written by the hand of Providence, and these first two 80 00:05:20,360 --> 00:05:24,600 Speaker 1: hundred and fifty years were just the beginning. From the 81 00:05:24,680 --> 00:05:28,839 Speaker 1: rugged border towns of Texas to the heartland villages of Michigan, 82 00:05:29,640 --> 00:05:32,880 Speaker 1: from the sun kissed shores of Florida to the endless 83 00:05:32,920 --> 00:05:36,880 Speaker 1: fields of the Dakotas, and from the historic streets of 84 00:05:37,080 --> 00:05:41,680 Speaker 1: Philadelphia to right here in our nation's capital, Washington, d C. 85 00:05:42,560 --> 00:05:46,799 Speaker 1: The Golden Age of America is upon us. The revolution 86 00:05:46,960 --> 00:05:51,080 Speaker 1: that began in seventeen seventy six has not ended. It 87 00:05:51,160 --> 00:05:56,000 Speaker 1: still continues because the flame of liberty and independence still 88 00:05:56,040 --> 00:06:00,360 Speaker 1: burns in the heart of every American patriot. And our 89 00:06:00,440 --> 00:06:04,920 Speaker 1: future will be bigger, better, brighter, bolder, and more glorious 90 00:06:04,960 --> 00:06:09,440 Speaker 1: than ever before. Thank you, God bless you, and God 91 00:06:09,520 --> 00:06:14,760 Speaker 1: bless America. 92 00:06:15,480 --> 00:06:18,000 Speaker 4: It was that type of messaging during the City Union 93 00:06:18,040 --> 00:06:21,359 Speaker 4: that made so many Americans remember exactly why they voted 94 00:06:21,400 --> 00:06:24,239 Speaker 4: for Donald Trump in the first place. The President talking 95 00:06:24,240 --> 00:06:27,920 Speaker 4: about so many of his successes and what is happening 96 00:06:27,960 --> 00:06:31,160 Speaker 4: right now with no tax on tips, no tax on overtime, 97 00:06:31,200 --> 00:06:34,600 Speaker 4: getting rid of regulations that will over the costs of cars, 98 00:06:34,600 --> 00:06:38,280 Speaker 4: for example, all major things the President is talking about. 99 00:06:38,560 --> 00:06:41,039 Speaker 4: He also spent time talking about how important it is 100 00:06:41,080 --> 00:06:46,160 Speaker 4: that Americans aren't having to compete with massive corporations for housing, 101 00:06:46,760 --> 00:06:50,400 Speaker 4: standing up for so many Americans, and the way that 102 00:06:50,480 --> 00:06:53,320 Speaker 4: President Trump talked about. It was clear he was putting 103 00:06:53,400 --> 00:06:57,800 Speaker 4: Americans first, ahead of corporations who were buying up so 104 00:06:57,880 --> 00:07:01,359 Speaker 4: many houses and making it unaffordable for many Americans to 105 00:07:01,360 --> 00:07:04,880 Speaker 4: get in the home buying process for the very first time. 106 00:07:05,480 --> 00:07:07,800 Speaker 4: Just take a listen to President Trump talking about this 107 00:07:07,880 --> 00:07:09,080 Speaker 4: issue at the Say of the Union. 108 00:07:09,520 --> 00:07:14,640 Speaker 1: Make that band permanent because home is for people. Really, 109 00:07:14,640 --> 00:07:17,880 Speaker 1: that's what we want, homes for people, not for corporations. 110 00:07:17,920 --> 00:07:19,520 Speaker 2: Corporations to doing just fine. 111 00:07:19,640 --> 00:07:22,080 Speaker 1: Racel, Thank you very much, Good luck with you home 112 00:07:22,120 --> 00:07:22,880 Speaker 1: You'll get one, sir. 113 00:07:32,320 --> 00:07:34,720 Speaker 4: Now, this wasn't just a line that the President wanted 114 00:07:34,720 --> 00:07:36,320 Speaker 4: to deliver in the Say of the Union to check 115 00:07:36,320 --> 00:07:39,520 Speaker 4: a box. This is something the President is actually working 116 00:07:39,800 --> 00:07:43,120 Speaker 4: very hard on. The President saying this at the World 117 00:07:43,320 --> 00:07:46,320 Speaker 4: Economic Forum back at the end of January. 118 00:07:46,960 --> 00:07:50,400 Speaker 2: Home ownership has always been a symbol of health and 119 00:07:50,520 --> 00:07:54,240 Speaker 2: vigor of American society. But that goal fell out of 120 00:07:54,280 --> 00:07:57,600 Speaker 2: reach for millions and millions of people in the Biden 121 00:07:57,640 --> 00:08:01,200 Speaker 2: ear because interest rates went up so high. Today, I'm 122 00:08:01,240 --> 00:08:05,040 Speaker 2: taking action to bring back this bedrock of the American dream. 123 00:08:05,680 --> 00:08:09,520 Speaker 2: In recent years, Wall Street giants and institutional investment firms, 124 00:08:09,600 --> 00:08:11,160 Speaker 2: many of you are here. Many of you are good 125 00:08:11,160 --> 00:08:13,520 Speaker 2: friends of mine. Many of you are supporter. Sorry to 126 00:08:13,600 --> 00:08:17,240 Speaker 2: do this, I'm so sorry, but you've driven up housing 127 00:08:17,280 --> 00:08:20,880 Speaker 2: prices by purchasing hundreds of thousands of single family homes 128 00:08:20,880 --> 00:08:24,560 Speaker 2: and it's been a great investment for them, often as 129 00:08:24,640 --> 00:08:27,800 Speaker 2: much as ten percent of houses on the market. You know. 130 00:08:27,840 --> 00:08:30,440 Speaker 2: The crazy thing is a person can't get depreciation on 131 00:08:30,480 --> 00:08:34,240 Speaker 2: the house, but when a corporation buys it, they get depreciation. Okay, 132 00:08:34,280 --> 00:08:35,800 Speaker 2: that's something we're going to have to think about too. 133 00:08:36,160 --> 00:08:37,920 Speaker 2: I don't know if too many people think about that. 134 00:08:38,520 --> 00:08:42,400 Speaker 2: You buy a corporation, they buy five hundred houses, they 135 00:08:42,400 --> 00:08:45,400 Speaker 2: buy hundreds of thousands, they buy five hundred houses, they 136 00:08:45,400 --> 00:08:50,199 Speaker 2: can take depreciation. A person sweats and works and buys 137 00:08:50,240 --> 00:08:53,800 Speaker 2: one house, they can't. But homes are built for people, 138 00:08:54,200 --> 00:08:57,680 Speaker 2: not for corporations. And America will not become a nation 139 00:08:57,920 --> 00:09:00,880 Speaker 2: of renters. We're not going to do that. That's why 140 00:09:00,960 --> 00:09:04,880 Speaker 2: I have signed and executive order banning large institutional addresses 141 00:09:04,960 --> 00:09:07,520 Speaker 2: from buying single family homes. It's just not fair to 142 00:09:07,559 --> 00:09:11,360 Speaker 2: the public. They're they're not able to buy a house. 143 00:09:12,520 --> 00:09:15,000 Speaker 2: And I'm calling on Congress to pass that band into 144 00:09:15,040 --> 00:09:16,400 Speaker 2: permanent loan and I think they. 145 00:09:16,280 --> 00:09:20,880 Speaker 4: Will it's clear the President Trump has made this a 146 00:09:21,040 --> 00:09:24,679 Speaker 4: priority for the midterm elections. It's exactly why he's campaigning 147 00:09:24,840 --> 00:09:27,320 Speaker 4: on this issue, and it's exactly why, by the way, 148 00:09:27,720 --> 00:09:30,680 Speaker 4: his approval rating went up in a significant way after 149 00:09:30,720 --> 00:09:33,840 Speaker 4: the State of the Union, because not only is President 150 00:09:33,880 --> 00:09:37,000 Speaker 4: Trump saying we want to put Americans first, he's also 151 00:09:37,040 --> 00:09:40,680 Speaker 4: saying it's time to stop having Congress make it harder 152 00:09:40,720 --> 00:09:43,520 Speaker 4: on you to buy a home. Donald Trump putting out 153 00:09:43,520 --> 00:09:46,600 Speaker 4: a true social tweet saying quote, for a very long time, 154 00:09:46,679 --> 00:09:48,800 Speaker 4: buying and owning a home was considered a pinnacle of 155 00:09:48,840 --> 00:09:52,840 Speaker 4: the American dream. It was the reward for working hard 156 00:09:53,280 --> 00:09:56,160 Speaker 4: and doing the right thing. But now, because of the 157 00:09:56,720 --> 00:10:00,440 Speaker 4: record high inflation caused by Joe Biden and the demicocrats 158 00:10:00,440 --> 00:10:04,280 Speaker 4: in Congress, the American dream is increasingly out of reach 159 00:10:04,480 --> 00:10:08,960 Speaker 4: for far too many people, especially younger Americans. It is 160 00:10:09,000 --> 00:10:12,480 Speaker 4: for that reason and much more, that I am immediately 161 00:10:12,520 --> 00:10:17,120 Speaker 4: taking steps to ban large institutional investors from buying more 162 00:10:17,280 --> 00:10:20,800 Speaker 4: single family homes, and I will be calling on Congress 163 00:10:21,080 --> 00:10:25,880 Speaker 4: to codify it people live in homes, not corporations. I 164 00:10:25,920 --> 00:10:30,679 Speaker 4: will discuss this topic, including further housing and affordability proposals, 165 00:10:30,720 --> 00:10:33,840 Speaker 4: and more at my speech in Davos in two weeks, 166 00:10:34,400 --> 00:10:36,080 Speaker 4: and then he did it again in the State of 167 00:10:36,080 --> 00:10:40,080 Speaker 4: the Union. Trump also going after the US housing market 168 00:10:40,320 --> 00:10:45,080 Speaker 4: and talking exactly about why these corporations need to be watched. 169 00:10:45,480 --> 00:10:48,760 Speaker 4: A great example of this is after President Trump announces 170 00:10:48,840 --> 00:10:53,520 Speaker 4: banning single family home purchases by institutional investors. Within minutes, 171 00:10:54,200 --> 00:10:59,680 Speaker 4: Blackstone Stock erased as much as seventeen billion dollars because 172 00:11:00,000 --> 00:11:02,760 Speaker 4: I will realize that the presence onto what's happening with 173 00:11:02,880 --> 00:11:06,520 Speaker 4: his institutional investors and now calling on Congress to ban 174 00:11:06,679 --> 00:11:11,360 Speaker 4: investment firms buying homes is exactly what the American people needed. 175 00:11:12,040 --> 00:11:13,920 Speaker 4: They need it to make sure they can take care 176 00:11:13,920 --> 00:11:18,840 Speaker 4: of themselves and become first time home buyers. That's why 177 00:11:18,880 --> 00:11:22,920 Speaker 4: this is such an important conversation and again why I 178 00:11:22,960 --> 00:11:26,360 Speaker 4: think so many Americans are like Donald Trump is my president. 179 00:11:26,600 --> 00:11:29,640 Speaker 4: I'm proud of him, and he's standing out for all 180 00:11:29,720 --> 00:11:32,040 Speaker 4: of us and trying to make it easier for us 181 00:11:32,080 --> 00:11:34,480 Speaker 4: to live in the greatest country in the world. 182 00:11:34,640 --> 00:11:37,320 Speaker 3: Thank you for listening to the forty seven Morning Update 183 00:11:37,480 --> 00:11:41,560 Speaker 3: with Ben Ferguson. Please make sure you hit subscribe wherever 184 00:11:41,640 --> 00:11:44,640 Speaker 3: you're listening to this podcast right now. And for more 185 00:11:44,679 --> 00:11:48,439 Speaker 3: in depth news. Also subscribe to the Ben Ferguson podcast 186 00:11:48,760 --> 00:11:50,920 Speaker 3: and we will see you back here on Monday morning.