1 00:00:00,240 --> 00:00:03,360 Speaker 1: They've got a plan. Biden and Harris have come out 2 00:00:03,360 --> 00:00:07,240 Speaker 1: with their new plan to fight inflation. The only problem 3 00:00:07,440 --> 00:00:09,320 Speaker 1: is none of the things that are in their plan 4 00:00:09,400 --> 00:00:13,119 Speaker 1: are actually going to stop what's happening in this country 5 00:00:13,240 --> 00:00:16,560 Speaker 1: with inflation. Gas prices have now soared to four hours 6 00:00:16,560 --> 00:00:20,840 Speaker 1: and thirty seven cents a gallon average, after a seventeen 7 00:00:20,960 --> 00:00:27,479 Speaker 1: cent rise in one week, solely due to inflation. Now, Biden, 8 00:00:27,720 --> 00:00:30,400 Speaker 1: speaking at the White House talking about this, is now 9 00:00:30,440 --> 00:00:33,600 Speaker 1: said we're going to release oil from the strategic reserves, 10 00:00:33,960 --> 00:00:36,480 Speaker 1: which has had no bearing on the price of allen 11 00:00:36,520 --> 00:00:39,960 Speaker 1: gas when he's done this earlier this year. He also 12 00:00:40,040 --> 00:00:42,680 Speaker 1: says to fight quote inflation, he is going to put 13 00:00:42,800 --> 00:00:46,440 Speaker 1: curbs on drug companies. That is not going to fix 14 00:00:46,479 --> 00:00:49,839 Speaker 1: the problem with inflation. He says they're also going to 15 00:00:49,920 --> 00:00:55,040 Speaker 1: crack down on a legal food price fixing. Where is 16 00:00:55,040 --> 00:00:58,200 Speaker 1: that actually happening. We have no idea, but apparently this 17 00:00:58,280 --> 00:01:02,760 Speaker 1: is a problem they have created now out of thin air. Also, 18 00:01:02,920 --> 00:01:06,360 Speaker 1: while this is happening, we have new news on Hunter Biden, 19 00:01:06,520 --> 00:01:08,559 Speaker 1: and this may be part of the reason why Joe 20 00:01:08,600 --> 00:01:12,720 Speaker 1: Biden has come out with this new quote inflation plan, 21 00:01:12,840 --> 00:01:16,360 Speaker 1: because he realizes things are getting really nasty with Hunter 22 00:01:16,440 --> 00:01:22,200 Speaker 1: Biden and this extremely strange relationship between a Hollywood lawyer 23 00:01:22,640 --> 00:01:25,679 Speaker 1: who is paid off over two million dollars of Hunter 24 00:01:25,720 --> 00:01:29,679 Speaker 1: Biden's to linquent taxes. Why did he do that? We 25 00:01:29,760 --> 00:01:31,520 Speaker 1: have more of those details I'm going to share for 26 00:01:31,560 --> 00:01:34,120 Speaker 1: you in just a moment. 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They've been doing this 42 00:02:26,760 --> 00:02:31,120 Speaker 1: for over forty years, so call them eight sixty six 43 00:02:31,800 --> 00:02:37,519 Speaker 1: three one nine forty five thirteen, eight six six three 44 00:02:37,800 --> 00:02:44,080 Speaker 1: one ninety five thirteen or visit Legacy PM investments dot com. 45 00:02:44,080 --> 00:02:47,840 Speaker 1: That's Legacy PM investments dot Com. Also want to remind 46 00:02:47,880 --> 00:02:50,600 Speaker 1: you very quick if you've not hit that subscriber auto 47 00:02:50,600 --> 00:02:53,880 Speaker 1: download buttons so you get our podcasts alerts every day 48 00:02:53,919 --> 00:02:55,600 Speaker 1: so you know we've got the new show out there. 49 00:02:55,639 --> 00:02:58,040 Speaker 1: Makes you hit that real quick while you're listening now, 50 00:02:58,160 --> 00:03:02,280 Speaker 1: Joe Biden on the economy is really focused right now 51 00:03:02,360 --> 00:03:05,800 Speaker 1: on distracting you. He says he's going to push Congress 52 00:03:05,840 --> 00:03:09,760 Speaker 1: to approve money for childcare. That is not going to 53 00:03:09,800 --> 00:03:13,160 Speaker 1: fix the problem with inflation. The White House also has 54 00:03:13,200 --> 00:03:15,720 Speaker 1: come out saying tax increases are going to come for 55 00:03:15,840 --> 00:03:19,040 Speaker 1: corporations and the wealthy. How is that going to help 56 00:03:19,040 --> 00:03:23,320 Speaker 1: you with inflation? If you raise taxes on corporations, they're 57 00:03:23,360 --> 00:03:26,360 Speaker 1: going to end up charging you more for their products, 58 00:03:26,400 --> 00:03:29,000 Speaker 1: which would add to the high prices we already have 59 00:03:29,160 --> 00:03:33,120 Speaker 1: with inflation. In fact, this would literally make things worse. 60 00:03:33,600 --> 00:03:35,400 Speaker 1: But what the White House is now trying to do 61 00:03:35,520 --> 00:03:37,680 Speaker 1: is they're trying to say that they're going to be 62 00:03:37,720 --> 00:03:40,920 Speaker 1: able to fix everything with a bunch of things that 63 00:03:41,000 --> 00:03:44,840 Speaker 1: have nothing to do with actually fighting inflation. Now, look 64 00:03:44,840 --> 00:03:48,440 Speaker 1: at gas prices that have rocketed to another record high. 65 00:03:48,640 --> 00:03:51,160 Speaker 1: Costs have now sword of four hours and thirty seven 66 00:03:51,200 --> 00:03:55,240 Speaker 1: cents a gallon after the seventeen cents rise in one 67 00:03:55,280 --> 00:03:59,480 Speaker 1: week due to surge and crude oil rates bide inflation, 68 00:04:00,480 --> 00:04:04,280 Speaker 1: he says, don't worry, I'm gonna come after the real problem. 69 00:04:04,360 --> 00:04:08,960 Speaker 1: What is it, ultra maga Republicans, this is not a joke. 70 00:04:09,880 --> 00:04:12,360 Speaker 1: You have gas prices across the US that have sword 71 00:04:12,440 --> 00:04:16,000 Speaker 1: to the highest prices that we've ever seen. And the 72 00:04:16,080 --> 00:04:19,480 Speaker 1: national average price, national average price for a gallon of 73 00:04:19,520 --> 00:04:22,920 Speaker 1: gasoline triple a reported four thirty seven, and that number 74 00:04:22,960 --> 00:04:25,839 Speaker 1: they do not believe is gonna come down. Where were 75 00:04:25,880 --> 00:04:29,120 Speaker 1: we one year ago? National average two dollars and ninety 76 00:04:29,120 --> 00:04:31,320 Speaker 1: four cents a gallon, So we were in the two 77 00:04:31,320 --> 00:04:35,239 Speaker 1: dollars range. Now we're in the four thirty seven average. 78 00:04:35,760 --> 00:04:40,240 Speaker 1: Now analysts are warning that crude prices are actually unlikely 79 00:04:40,320 --> 00:04:43,120 Speaker 1: to fall as long as the supply chain remains tight. 80 00:04:43,640 --> 00:04:46,640 Speaker 1: So the President claiming, I'm going to release from the 81 00:04:46,960 --> 00:04:51,360 Speaker 1: strategic oil reserves. What does that actually mean. It's not 82 00:04:51,440 --> 00:04:53,960 Speaker 1: going to have a bearing on the price of gas. 83 00:04:53,960 --> 00:04:56,680 Speaker 1: We've already seen this when the President has done this 84 00:04:56,800 --> 00:05:00,040 Speaker 1: in the past. A spokesman for Triple A Middle and 85 00:05:00,160 --> 00:05:02,040 Speaker 1: I said it now costs drivers in the United States 86 00:05:02,040 --> 00:05:05,520 Speaker 1: of America an average of more than twenty three dollars 87 00:05:05,560 --> 00:05:07,679 Speaker 1: more to fill up than it did one year ago. 88 00:05:08,520 --> 00:05:10,920 Speaker 1: The record setting numbers were released less than a week 89 00:05:10,960 --> 00:05:14,120 Speaker 1: after Pole revealed that about forty four percent of Americans 90 00:05:14,120 --> 00:05:17,520 Speaker 1: now disapprove of how President Biden is handling the United 91 00:05:17,520 --> 00:05:21,880 Speaker 1: States economy, according to a Reuters Pole. Now, if you 92 00:05:21,920 --> 00:05:24,679 Speaker 1: think it's just bad for you at the pump, oho, 93 00:05:25,440 --> 00:05:29,520 Speaker 1: you've seen nothing. Let's talk about the truck drivers in 94 00:05:29,560 --> 00:05:34,159 Speaker 1: this country. Truck drivers are now telling ABC's local affiliate 95 00:05:34,240 --> 00:05:37,360 Speaker 1: twenty five in Florida that for the first time ever, 96 00:05:37,880 --> 00:05:41,680 Speaker 1: it's costing them a thousand dollars to fill up their 97 00:05:42,000 --> 00:05:44,960 Speaker 1: big rigs. Take a listen. Talk about the gas prices 98 00:05:45,000 --> 00:05:48,920 Speaker 1: They ever on the rise once again. As monacosar Abdu explains, 99 00:05:49,200 --> 00:05:51,839 Speaker 1: drivers could see a record level of pain at the 100 00:05:51,920 --> 00:05:55,600 Speaker 1: pump as they go back to work this week. Today, 101 00:05:55,680 --> 00:05:58,960 Speaker 1: gas prices are within striking distance of yet another record 102 00:05:59,040 --> 00:06:03,600 Speaker 1: high just ahead of the summer driving season. According to 103 00:06:03,600 --> 00:06:06,520 Speaker 1: Triple A, the national average for a gallon of regular 104 00:06:06,800 --> 00:06:09,480 Speaker 1: is now four dollars and thirty two cents, of eighteen 105 00:06:09,520 --> 00:06:12,240 Speaker 1: cents from last month and one cent below the all 106 00:06:12,240 --> 00:06:15,720 Speaker 1: time high set on March eleventh. Some analysts predict an 107 00:06:15,760 --> 00:06:18,719 Speaker 1: average price as high as four dollars and fifty cents 108 00:06:18,720 --> 00:06:21,520 Speaker 1: a gallon by summer, and the cost of diesel fuels 109 00:06:21,520 --> 00:06:24,680 Speaker 1: soar to another all time high this weekend five dollars 110 00:06:24,720 --> 00:06:28,000 Speaker 1: and fifty three cents a gallon on average. In New England, 111 00:06:28,080 --> 00:06:30,760 Speaker 1: some truck drivers are paying three dollars and fifty cents 112 00:06:30,839 --> 00:06:34,760 Speaker 1: more per gallon of diesel compared to last year. That number, 113 00:06:34,800 --> 00:06:37,080 Speaker 1: by the way, is exactly why we're having these record 114 00:06:37,160 --> 00:06:40,720 Speaker 1: highs with inflation. When you're paying double what you're paying 115 00:06:40,720 --> 00:06:44,080 Speaker 1: a year ago for you to deliver goods and services, 116 00:06:44,520 --> 00:06:47,640 Speaker 1: well on these big rigs, you're gonna pay more for this. 117 00:06:48,600 --> 00:06:52,000 Speaker 1: I have friends than import goods right from all over 118 00:06:52,040 --> 00:06:55,400 Speaker 1: the world. They have importing businesses. They are now telling 119 00:06:55,440 --> 00:06:59,120 Speaker 1: people to get rid of the palettes when shipping, and 120 00:06:59,240 --> 00:07:04,440 Speaker 1: they are using laborers to unpack their containers. Now, why 121 00:07:04,480 --> 00:07:06,200 Speaker 1: are they getting rid of the palettes which made it 122 00:07:06,240 --> 00:07:08,520 Speaker 1: easy to drive a forkliffon and pull the product out, 123 00:07:08,560 --> 00:07:12,920 Speaker 1: because that's how expensive the costs are on shipping that 124 00:07:13,000 --> 00:07:16,680 Speaker 1: they can get more things in right in that container, 125 00:07:17,080 --> 00:07:19,720 Speaker 1: and when they're praying so much for that container to 126 00:07:19,720 --> 00:07:22,400 Speaker 1: be shipped that they don't want to waste the space 127 00:07:23,000 --> 00:07:28,640 Speaker 1: with a palette. Never before have they even thought about 128 00:07:28,720 --> 00:07:31,760 Speaker 1: that idea. But that is exactly now what they are doing. 129 00:07:32,440 --> 00:07:34,560 Speaker 1: And they are saying now that you could see six 130 00:07:34,600 --> 00:07:39,120 Speaker 1: dollars a gallon diesel gas within the next thirty to 131 00:07:39,400 --> 00:07:44,200 Speaker 1: sixty days. Listen to the end of this report. Yesterday's 132 00:07:44,200 --> 00:07:45,840 Speaker 1: the first time I ever filled my hulk up and 133 00:07:45,840 --> 00:07:51,040 Speaker 1: I hit over a thousand dollars. Yesterday is the first 134 00:07:51,120 --> 00:07:53,560 Speaker 1: day I've ever hit over a thousand dollars filling up 135 00:07:53,600 --> 00:07:58,280 Speaker 1: my truck a thousand dollars to fill up a big rick. Yeah, 136 00:07:58,320 --> 00:08:01,320 Speaker 1: it's a problem, folks. Well, if you want to know 137 00:08:01,360 --> 00:08:06,600 Speaker 1: what the Biden administration is really focused on, well, Yellen 138 00:08:07,480 --> 00:08:10,440 Speaker 1: talking about supplying demand and balance in the labor market 139 00:08:10,520 --> 00:08:13,080 Speaker 1: right now, and she also said what you should blame 140 00:08:13,160 --> 00:08:16,960 Speaker 1: for all of this is climate change, calling it an 141 00:08:16,960 --> 00:08:20,840 Speaker 1: existential threat to our globe and our future. So while 142 00:08:20,880 --> 00:08:22,520 Speaker 1: you're trying to figure out how to put food on 143 00:08:22,560 --> 00:08:24,440 Speaker 1: the table, you're trying to figure out how to pay 144 00:08:24,440 --> 00:08:28,480 Speaker 1: your bills. You're watching hyperinflation happened before your very eyes, 145 00:08:28,760 --> 00:08:32,280 Speaker 1: and you're seeing the interest rates skyrocket. They're telling you 146 00:08:32,320 --> 00:08:36,000 Speaker 1: it's climate change in Washington, DC, then climate risk, and 147 00:08:36,160 --> 00:08:39,800 Speaker 1: I think that's kind of surprising because it's so obvious 148 00:08:39,840 --> 00:08:44,840 Speaker 1: to most people. Cybersecurity is a real time, continuous risk 149 00:08:44,920 --> 00:08:49,600 Speaker 1: to every single financial institution in America. There's constant bombardments 150 00:08:49,600 --> 00:08:53,120 Speaker 1: of the tax and if one major one gets through, 151 00:08:53,240 --> 00:08:57,240 Speaker 1: it could be devastating. Climate change does not pose that 152 00:08:57,320 --> 00:09:02,040 Speaker 1: kind of imminent risk. I think climate changes an existential 153 00:09:02,120 --> 00:09:07,480 Speaker 1: threat to our globe and to our future. You can 154 00:09:07,760 --> 00:09:12,120 Speaker 1: see that countries. It is a long term risk, but 155 00:09:12,320 --> 00:09:16,840 Speaker 1: it is becoming notably more severe, and you can see 156 00:09:16,920 --> 00:09:22,640 Speaker 1: a growing number of countries take significant steps to address 157 00:09:22,720 --> 00:09:31,240 Speaker 1: this risk. Financial institutions themselves have voluntarily decided that they 158 00:09:31,320 --> 00:09:37,360 Speaker 1: need to align their portfolios with a framework of net 159 00:09:37,440 --> 00:09:42,239 Speaker 1: zero by twenty fifty, and that's really in the absence 160 00:09:42,280 --> 00:09:47,040 Speaker 1: of any requirement that they do so. I do believe 161 00:09:47,200 --> 00:09:51,800 Speaker 1: that transition risks are very real as more and more 162 00:09:51,880 --> 00:09:58,520 Speaker 1: countries adopt frameworks that are meaningful to address climate change, 163 00:09:57,960 --> 00:10:01,520 Speaker 1: could be we could see signific you can changes in 164 00:10:01,640 --> 00:10:07,960 Speaker 1: asset valuations that pose risk to financial institutions. So there 165 00:10:07,960 --> 00:10:10,720 Speaker 1: it is, gent Yellen is there telling you I think 166 00:10:10,760 --> 00:10:13,200 Speaker 1: climate change is the accedental threat to our globe in 167 00:10:13,200 --> 00:10:16,080 Speaker 1: our future. You can see the countries. It is a 168 00:10:16,200 --> 00:10:18,959 Speaker 1: long term risk, but it is becoming not only more severe, 169 00:10:19,200 --> 00:10:21,800 Speaker 1: and you can see growing number of countries take significant 170 00:10:21,800 --> 00:10:26,000 Speaker 1: steps to address this risk. Financial institutions themselves have voluntarily 171 00:10:26,000 --> 00:10:28,120 Speaker 1: decided that they need to line their portfolios with a 172 00:10:28,160 --> 00:10:32,600 Speaker 1: framework of net zero carbon emissions by twenty fifty. That's 173 00:10:32,720 --> 00:10:36,960 Speaker 1: really in the absence of any requirement that they do so. 174 00:10:36,960 --> 00:10:38,280 Speaker 1: So if you want to know what the White House 175 00:10:38,280 --> 00:10:41,240 Speaker 1: has focused on this morning, it ain't fixing the economy, folks, 176 00:10:41,760 --> 00:10:45,960 Speaker 1: it's global warming. Now. The White House has also been 177 00:10:46,000 --> 00:10:49,960 Speaker 1: really getting their team out there to try to give 178 00:10:50,040 --> 00:10:56,199 Speaker 1: excuses for why there is skyrocketing inflation and skyrocketing gas prices. 179 00:10:56,920 --> 00:11:02,680 Speaker 1: CNBC this morning they had on Donna Edwards and she 180 00:11:02,920 --> 00:11:07,000 Speaker 1: decided to explain to you this is actually on CNBC, 181 00:11:07,640 --> 00:11:10,920 Speaker 1: this propaganda that the real reason why things are so 182 00:11:10,960 --> 00:11:13,840 Speaker 1: bad right now is because we didn't invest as much 183 00:11:13,840 --> 00:11:16,720 Speaker 1: as we should have in quote, clean energy. And as 184 00:11:16,760 --> 00:11:20,480 Speaker 1: I would listen to this conversation, my view is that 185 00:11:20,520 --> 00:11:24,880 Speaker 1: we're about thirty years behind investing in the kinds of 186 00:11:24,920 --> 00:11:28,880 Speaker 1: renewable energies that would get us off of fossil fuels. 187 00:11:29,000 --> 00:11:32,040 Speaker 1: And we have sitting over in the in the Senate 188 00:11:32,120 --> 00:11:37,439 Speaker 1: of five hundred and fifty billion dollars investment in renewables 189 00:11:37,600 --> 00:11:42,120 Speaker 1: and in dealing with climate change. And so this is 190 00:11:42,160 --> 00:11:46,160 Speaker 1: not about just social and moral values. It's about an 191 00:11:46,200 --> 00:11:50,920 Speaker 1: existential threat. It's an existential threat, folks. And we've got 192 00:11:50,920 --> 00:11:55,640 Speaker 1: a congresswoman, a Democrat out there, Donna Edwards, congresswoman who's 193 00:11:55,679 --> 00:11:58,480 Speaker 1: out there saying exactly this, right, we gotta, we gotta. 194 00:11:58,679 --> 00:12:01,320 Speaker 1: We have a lack of investment clean energy and for 195 00:12:01,360 --> 00:12:04,880 Speaker 1: inflation and skyrocket and gas prices, and that is why 196 00:12:05,320 --> 00:12:07,440 Speaker 1: we have these problems. So if you guys just would 197 00:12:07,440 --> 00:12:09,880 Speaker 1: have listened to us, all this would have been fixed. 198 00:12:09,880 --> 00:12:11,640 Speaker 1: If you just would have listened to what we were 199 00:12:11,679 --> 00:12:14,640 Speaker 1: trying to tell you, you would understand why we are 200 00:12:14,640 --> 00:12:17,960 Speaker 1: where we are right now. I truly do believe by 201 00:12:18,000 --> 00:12:20,640 Speaker 1: the way that Democrats want to tear down American institutions. 202 00:12:20,640 --> 00:12:23,440 Speaker 1: This is part of their plan to do this. I 203 00:12:23,480 --> 00:12:25,599 Speaker 1: truly believe that this is part of their way of 204 00:12:26,360 --> 00:12:29,160 Speaker 1: undermining this country so that they can gain more power. 205 00:12:29,520 --> 00:12:31,600 Speaker 1: I don't think they mind what's happening right now. How 206 00:12:31,720 --> 00:12:34,800 Speaker 1: they created it, they orchestrated it. Look at what has happened. 207 00:12:34,840 --> 00:12:37,000 Speaker 1: They want to beat you in a submission. They want 208 00:12:37,040 --> 00:12:39,320 Speaker 1: gas prices to go through the roof. But this week 209 00:12:39,440 --> 00:12:41,960 Speaker 1: is also about getting out of the headlines. The other 210 00:12:42,000 --> 00:12:45,120 Speaker 1: big story that deals with Joe Biden and his brother 211 00:12:45,240 --> 00:12:48,520 Speaker 1: and his son. Why do you think they're now all 212 00:12:48,520 --> 00:12:50,679 Speaker 1: of a sudden coming out. Why do you think the 213 00:12:50,720 --> 00:12:56,320 Speaker 1: top Biden economic advisor is dismissing recession fears and spending levels. 214 00:12:56,960 --> 00:13:00,280 Speaker 1: She said that will cause even worse inflation. Right. This 215 00:13:00,360 --> 00:13:04,560 Speaker 1: is another example of how they're spinning this. She was 216 00:13:04,800 --> 00:13:07,480 Speaker 1: coming on from the White House at CNN. We're not 217 00:13:07,520 --> 00:13:09,720 Speaker 1: worried about any of this. Everything's fine. You sure about this? 218 00:13:09,800 --> 00:13:13,199 Speaker 1: You're the White House economic advisor. Biden considers forgiving student 219 00:13:13,200 --> 00:13:15,640 Speaker 1: loan debt right because we need to buy votes, which 220 00:13:15,640 --> 00:13:17,880 Speaker 1: would add, by the way, to our deficit, which would 221 00:13:17,880 --> 00:13:22,160 Speaker 1: add to rising costs, which would add to inflation. Listen, wait, 222 00:13:22,640 --> 00:13:26,640 Speaker 1: Former Trump White House economic advisor Kevin Hassett says America 223 00:13:26,800 --> 00:13:30,680 Speaker 1: is already in a recession. Is it possible? He's correct, 224 00:13:31,760 --> 00:13:34,679 Speaker 1: So I'm not sure where that comes from. So what 225 00:13:34,720 --> 00:13:37,320 Speaker 1: we saw is coming out of twenty twenty one that 226 00:13:37,400 --> 00:13:40,240 Speaker 1: we had economic growth of about five point five percent, 227 00:13:40,800 --> 00:13:44,040 Speaker 1: the strongest one year growth you know, almost on record 228 00:13:44,080 --> 00:13:47,800 Speaker 1: for a first year president. Last quarter, the advanced estimate 229 00:13:47,880 --> 00:13:50,840 Speaker 1: showed that there was slowing in the first quarter. However, 230 00:13:50,880 --> 00:13:53,559 Speaker 1: if you look at the components of GDP, that really 231 00:13:53,600 --> 00:13:57,880 Speaker 1: reflects a personal consumption, business investment that actually grew a 232 00:13:57,920 --> 00:14:01,920 Speaker 1: healthy three point five percent. Many economists we have documented 233 00:14:02,160 --> 00:14:04,680 Speaker 1: that that is a better predictor of what next quarters 234 00:14:04,679 --> 00:14:08,559 Speaker 1: GDP is likely to be. Typically economist data recession as 235 00:14:08,600 --> 00:14:12,280 Speaker 1: being at least two quarters of negative growth and other 236 00:14:12,640 --> 00:14:15,240 Speaker 1: and other factors which we have not seen at all. 237 00:14:15,520 --> 00:14:17,640 Speaker 1: So we are not expecting that we are already in 238 00:14:17,640 --> 00:14:19,880 Speaker 1: the recession. In fact, the guts and the bones of 239 00:14:19,880 --> 00:14:23,040 Speaker 1: this economy remain strong. So as you're struggling, they're going 240 00:14:23,080 --> 00:14:24,400 Speaker 1: to look at you in the face. They're going to 241 00:14:24,480 --> 00:14:27,880 Speaker 1: tell you that everything's fine. And her exact words there 242 00:14:28,640 --> 00:14:31,360 Speaker 1: the bones of this economy are strong. The gut of 243 00:14:31,400 --> 00:14:37,760 Speaker 1: this economy is strong. Right, That's what this is. This is, 244 00:14:37,800 --> 00:14:40,320 Speaker 1: this is we are. We are in great shape. There's 245 00:14:40,400 --> 00:14:42,200 Speaker 1: no reason to think that we are going to be 246 00:14:42,560 --> 00:14:46,240 Speaker 1: moving into you know, a recession here, right. That's not 247 00:14:46,320 --> 00:14:48,760 Speaker 1: what we're doing here. That's not what we that's not 248 00:14:48,840 --> 00:14:51,000 Speaker 1: what we see. Well that's what everybody else sees. No, no, 249 00:14:51,080 --> 00:14:53,520 Speaker 1: it's not. We're gonna lie to you, and we're gonna 250 00:14:53,560 --> 00:14:55,840 Speaker 1: give you the platforms on national TV to do exactly 251 00:14:55,840 --> 00:15:00,720 Speaker 1: at two lie to you about all this. Now again, 252 00:15:00,760 --> 00:15:04,520 Speaker 1: I go back to why is this happening now? Why 253 00:15:04,640 --> 00:15:07,400 Speaker 1: is this happening now? Why is all of a sudden 254 00:15:07,400 --> 00:15:09,640 Speaker 1: the White House playing into this the way that they're 255 00:15:09,680 --> 00:15:14,600 Speaker 1: playing into this. It's a great question. It is because 256 00:15:14,640 --> 00:15:16,960 Speaker 1: there are major problems at this White House. And when 257 00:15:16,960 --> 00:15:18,840 Speaker 1: I say there are major problems at this White House, 258 00:15:18,880 --> 00:15:22,000 Speaker 1: you need to understand what I mean by major problems 259 00:15:22,160 --> 00:15:27,240 Speaker 1: at this White House. This White House right now is 260 00:15:27,280 --> 00:15:31,720 Speaker 1: absolutely terrified of what is happening with Joe Biden and 261 00:15:31,800 --> 00:15:38,440 Speaker 1: the connections with Hunter Biden. They are absolutely terrified that 262 00:15:38,560 --> 00:15:41,600 Speaker 1: you're going to find out what is actually happening right now. 263 00:15:41,960 --> 00:15:46,200 Speaker 1: I'll give you an example. Hollywood lawyer who represents the 264 00:15:46,240 --> 00:15:48,840 Speaker 1: South Park creator, and I mentioned this earlier this week 265 00:15:49,640 --> 00:15:53,320 Speaker 1: as well as Chris Rock has paid off two million 266 00:15:53,400 --> 00:15:55,760 Speaker 1: dollars of Hunter Biden's overdue taxes. Now, why would a 267 00:15:56,240 --> 00:15:59,560 Speaker 1: Hollywood lawyer pay off two million dollars of Hunter Biden's 268 00:15:59,560 --> 00:16:01,920 Speaker 1: overdue town as when apparently the guy I guess doesn't 269 00:16:01,960 --> 00:16:06,560 Speaker 1: have the money. His tax bill more than two million 270 00:16:06,600 --> 00:16:08,920 Speaker 1: was paid off in full by a high powered Hollywood 271 00:16:09,080 --> 00:16:13,280 Speaker 1: lawyer and writer. It has been claimed as the President's 272 00:16:13,280 --> 00:16:16,800 Speaker 1: son awaits the findings of the investigation to his personal finances. 273 00:16:17,680 --> 00:16:21,400 Speaker 1: Entertainment attorney and now sugar brother Kevin Morris, footed the 274 00:16:21,520 --> 00:16:24,320 Speaker 1: overdue tax bill facing Hunter Biden, according to The New 275 00:16:24,360 --> 00:16:27,720 Speaker 1: York Post, and also has bankroll the fifty two year 276 00:16:27,720 --> 00:16:32,520 Speaker 1: olds lavish lifestyle by covering his rent and daily expenses, 277 00:16:32,520 --> 00:16:35,320 Speaker 1: while also helping him to sell his artwork produced at 278 00:16:35,320 --> 00:16:42,120 Speaker 1: a Los Angeles residence. Morris, who funded and also who 279 00:16:42,320 --> 00:16:47,760 Speaker 1: has founded an entertainment law firm, Morris Yourn Barnes Levine, 280 00:16:48,120 --> 00:16:50,960 Speaker 1: and later won a Tony Award for co producing his 281 00:16:51,520 --> 00:16:56,440 Speaker 1: hit musical The Book of Mormon, has not publicly announced 282 00:16:56,480 --> 00:16:59,800 Speaker 1: a relationship with the president's son, but Hunter Biden zero 283 00:16:59,840 --> 00:17:03,560 Speaker 1: by attorney Christopher Clark confirmed to CBS News that Morris 284 00:17:03,640 --> 00:17:07,960 Speaker 1: is serving his client as a trusted advisor, while Morris's 285 00:17:07,960 --> 00:17:11,040 Speaker 1: office told a CBS reporter the Hollywood lawyer is crafting 286 00:17:11,080 --> 00:17:14,720 Speaker 1: a legal immedia strategy for Hunter now. Morris is fifty 287 00:17:14,760 --> 00:17:18,199 Speaker 1: eight years old. Earned his fortune negotiating several licensing deals 288 00:17:18,480 --> 00:17:21,520 Speaker 1: worth hundreds of millions of dollars for Matt Stone and 289 00:17:21,560 --> 00:17:26,000 Speaker 1: Trey Parker, the creators of the satirical cartoons southpark And, 290 00:17:26,080 --> 00:17:28,520 Speaker 1: while his entertainment law firm has represented the likes of 291 00:17:28,520 --> 00:17:31,560 Speaker 1: Matthew McConaughey, Chris Rock, Allen de Generes, and Scott Johansson. 292 00:17:32,200 --> 00:17:35,560 Speaker 1: Morris is also a published author, having released a collection 293 00:17:35,600 --> 00:17:39,600 Speaker 1: of short stories entitled white Man's Problems in twenty fifteen, 294 00:17:39,640 --> 00:17:43,040 Speaker 1: followed by novel entitled All Joe Knight Is All Joe 295 00:17:43,119 --> 00:17:47,199 Speaker 1: Knight in twenty sixteen. I should say Hunter Biden meanwhile, 296 00:17:47,280 --> 00:17:50,320 Speaker 1: remains under investigation with a Delaware grand jury for failing 297 00:17:50,320 --> 00:17:52,919 Speaker 1: to pay taxes on time, along with a host of 298 00:17:53,160 --> 00:17:58,920 Speaker 1: international financial dealings which intersected with his father's political life. 299 00:17:59,520 --> 00:18:02,880 Speaker 1: Kevin Worst's office has been contacted for comment on that one. 300 00:18:04,320 --> 00:18:07,240 Speaker 1: The investigation on Hunter Biden's taxes began with his father 301 00:18:07,320 --> 00:18:10,000 Speaker 1: was still serving as Vice president during the Obama administration, 302 00:18:10,480 --> 00:18:12,840 Speaker 1: but in twenty eighteen, the inquiry was open up to 303 00:18:12,840 --> 00:18:16,080 Speaker 1: include potential tax fraud, money laundering, and violations of lobbying 304 00:18:16,160 --> 00:18:19,600 Speaker 1: laws after it transpired that the fifties year old may 305 00:18:19,640 --> 00:18:23,040 Speaker 1: have used political leverage to influence business deals. Then, in 306 00:18:23,119 --> 00:18:25,760 Speaker 1: October twenty twenty, the New York Posts revealed the existence 307 00:18:25,760 --> 00:18:30,360 Speaker 1: of the now infamous Hunter Biden laptop, a damaged bacbook 308 00:18:30,359 --> 00:18:33,480 Speaker 1: pro the president's son took to repair shop in Wilmington. 309 00:18:34,640 --> 00:18:37,199 Speaker 1: More than twenty thousand emails have since been recovered from 310 00:18:37,200 --> 00:18:41,480 Speaker 1: the laptop's hard drive, which are thought to provide extensive 311 00:18:41,560 --> 00:18:45,040 Speaker 1: evidence of Hunter biden shaty business dealings. The New York 312 00:18:45,080 --> 00:18:48,800 Speaker 1: Times reported that prosecutors may find it hard to convict 313 00:18:49,240 --> 00:18:52,400 Speaker 1: Hunter Biden for tax fraud, that's what they're now saying, 314 00:18:52,440 --> 00:18:54,840 Speaker 1: and suggested he would likely receive a lenient sentence in 315 00:18:54,880 --> 00:18:57,640 Speaker 1: the event of a conviction because the bill was ultimately paid. 316 00:18:59,280 --> 00:19:02,159 Speaker 1: But the investigation into his business dealings backed up by 317 00:19:02,160 --> 00:19:04,600 Speaker 1: the trove of verified emails on his laptop. I mean 318 00:19:04,640 --> 00:19:10,320 Speaker 1: the US leaders embattled SUN may face considerable consequences. For example, 319 00:19:12,400 --> 00:19:17,159 Speaker 1: the Kentucky congressman, who will lead Republican investigations if the 320 00:19:17,240 --> 00:19:21,000 Speaker 1: GOP takes back the House in twenty twenty two, is 321 00:19:21,080 --> 00:19:23,719 Speaker 1: lining up Hunter Biden as one of the main targets. 322 00:19:24,240 --> 00:19:27,320 Speaker 1: Representative James Comer, who is primed to take over as 323 00:19:27,359 --> 00:19:29,560 Speaker 1: chairman of the Committee on Oversight and Reforms, said Hunter 324 00:19:29,600 --> 00:19:33,320 Speaker 1: Biden his business associates have many questions to answer over 325 00:19:33,400 --> 00:19:37,280 Speaker 1: his foreign deals and taxes. He's right by the way, 326 00:19:38,000 --> 00:19:40,879 Speaker 1: he confirmed. The White House will also be pressed on 327 00:19:40,880 --> 00:19:44,439 Speaker 1: whether the President knew about any of the transactions and 328 00:19:44,560 --> 00:19:47,440 Speaker 1: believes American voters are now coming around to the fact 329 00:19:47,480 --> 00:19:50,919 Speaker 1: that Hunter scandal isn't a conspiracy theory as it was 330 00:19:51,200 --> 00:19:54,440 Speaker 1: referred to by the Disinformations are at the White House 331 00:19:55,240 --> 00:20:00,359 Speaker 1: and are questioning the administration's ethics and transparency, especially after 332 00:20:00,440 --> 00:20:04,240 Speaker 1: we know that Hunter Biden's been associates actually went to 333 00:20:04,320 --> 00:20:07,480 Speaker 1: the White House dozens of times when he was the 334 00:20:07,600 --> 00:20:11,080 Speaker 1: Vice President, hooking him up with business deals. Just think 335 00:20:11,119 --> 00:20:16,639 Speaker 1: about that. This is significant. Comber called Hunter and national 336 00:20:16,640 --> 00:20:20,560 Speaker 1: security risk as well, and a grifter who has built 337 00:20:20,560 --> 00:20:24,119 Speaker 1: his business model and selling access to his father, and 338 00:20:24,200 --> 00:20:27,040 Speaker 1: believes Democrats see him as an issue leading up to 339 00:20:27,040 --> 00:20:33,119 Speaker 1: the midterms. Outgoing White House Pressretary Jensaki has consistently denied 340 00:20:33,160 --> 00:20:35,359 Speaker 1: Biden has spoken to his son about his business deals. 341 00:20:35,359 --> 00:20:38,000 Speaker 1: We know that's a lie, and has referred to the 342 00:20:38,040 --> 00:20:41,080 Speaker 1: Department of Justice when asked about the investigation in Delaware 343 00:20:41,080 --> 00:20:44,480 Speaker 1: and attack offenses, as well as money laundering and illegal 344 00:20:44,520 --> 00:20:47,800 Speaker 1: lobbying for foreign clients, which include the Chinese Communist Party 345 00:20:48,440 --> 00:20:52,240 Speaker 1: and that Chinese energy company which the Biden crime family 346 00:20:52,320 --> 00:20:57,440 Speaker 1: was actually invested in. If you just take a step 347 00:20:57,480 --> 00:21:00,439 Speaker 1: back and you look at where we are, what liberals 348 00:21:00,480 --> 00:21:03,160 Speaker 1: are basically saying is, look, you know, I pay seven 349 00:21:03,160 --> 00:21:05,679 Speaker 1: dollars a gallon for gas or eight dollars a gallon 350 00:21:06,200 --> 00:21:09,240 Speaker 1: for gas because I know that it's the right thing 351 00:21:09,359 --> 00:21:12,320 Speaker 1: long term for our future. It's the same exact thing 352 00:21:12,320 --> 00:21:15,159 Speaker 1: they're saying about. You know, well, everybody can afford to 353 00:21:15,160 --> 00:21:17,040 Speaker 1: pay eight dollars gallon for milk. It's not a joke, 354 00:21:17,080 --> 00:21:18,520 Speaker 1: that's what they're now saying. I was in New York 355 00:21:18,600 --> 00:21:21,679 Speaker 1: last week. They were seven ninety a gallon in some 356 00:21:21,800 --> 00:21:26,240 Speaker 1: of the grocery stores. You know, if you're rent skyrocketing, 357 00:21:26,240 --> 00:21:28,720 Speaker 1: which a lot of people's rents are skyrocketing now right now, 358 00:21:28,760 --> 00:21:30,840 Speaker 1: because inflaces they're like, well, you just got to deal 359 00:21:30,880 --> 00:21:34,199 Speaker 1: with it. Right We have shortages on baby formula in 360 00:21:34,200 --> 00:21:37,320 Speaker 1: this country right now, in the greatest country in the world. 361 00:21:39,080 --> 00:21:40,520 Speaker 1: We had a good friend the other day that's like 362 00:21:42,119 --> 00:21:45,040 Speaker 1: desperately trying to find baby formula, where now every time 363 00:21:45,080 --> 00:21:46,320 Speaker 1: we go to the grocery, if we see it, we 364 00:21:46,359 --> 00:21:50,040 Speaker 1: immediately buy it for them because there's a shortage. We'll 365 00:21:50,080 --> 00:21:53,000 Speaker 1: get this country and crime right now surging right now. 366 00:21:54,440 --> 00:21:56,800 Speaker 1: The world, by the way, foreign policy is literally on 367 00:21:56,800 --> 00:21:59,200 Speaker 1: the brink of chaos because of what we have done 368 00:21:59,280 --> 00:22:01,960 Speaker 1: under the bidenstration in Afghanistan and pulling out and then 369 00:22:02,000 --> 00:22:04,359 Speaker 1: bad actors like Putin saying I can do whatever I 370 00:22:04,359 --> 00:22:07,880 Speaker 1: want to do right now, and there's the same idiots 371 00:22:07,880 --> 00:22:10,320 Speaker 1: that said, well, I'm happy to have all of this 372 00:22:10,440 --> 00:22:13,320 Speaker 1: termoil I just mentioned because Donald Trump isn't in office anymore. 373 00:22:14,880 --> 00:22:17,120 Speaker 1: And not only is Donald Trump not in office anymore, 374 00:22:17,800 --> 00:22:19,520 Speaker 1: but I don't have to worry about as mean tweets. 375 00:22:21,119 --> 00:22:24,359 Speaker 1: Now Republicans have to figure this out. And when I 376 00:22:24,400 --> 00:22:26,560 Speaker 1: say they got to figure this out, let me explain 377 00:22:26,600 --> 00:22:30,520 Speaker 1: exactly what I mean by this. They need to realize 378 00:22:30,520 --> 00:22:32,280 Speaker 1: they have two things here they need to deal with. 379 00:22:32,840 --> 00:22:35,040 Speaker 1: Number One, they've got to deal with the economy and 380 00:22:35,119 --> 00:22:37,960 Speaker 1: explaining how bad things are in the economy. That part 381 00:22:38,000 --> 00:22:39,879 Speaker 1: I'm totally on board with. All Right, I want to 382 00:22:39,880 --> 00:22:42,959 Speaker 1: be that point you've got to do. But you also 383 00:22:43,080 --> 00:22:45,280 Speaker 1: need to be running on the corruption issue because it 384 00:22:45,400 --> 00:22:49,080 Speaker 1: is an issue that I think matters to the American people. 385 00:22:50,520 --> 00:22:54,560 Speaker 1: Not relitigate the past. All right, Russian collusion and all that, Right, 386 00:22:54,640 --> 00:22:56,920 Speaker 1: that's not going to win you the election. I want 387 00:22:56,920 --> 00:23:00,200 Speaker 1: to be clear. What will win you this election. If 388 00:23:00,200 --> 00:23:02,679 Speaker 1: you explain to people exactly how corrupt Hunter Biden and 389 00:23:02,720 --> 00:23:05,160 Speaker 1: Joe Biden are, how they've been working against you while 390 00:23:05,160 --> 00:23:08,000 Speaker 1: profiting themselves while you're suffering with the economy that we 391 00:23:08,080 --> 00:23:12,960 Speaker 1: have right now, that will get you somewhere. If the 392 00:23:13,000 --> 00:23:18,800 Speaker 1: Republicans are smart, they will do exactly this so that 393 00:23:18,840 --> 00:23:23,760 Speaker 1: they're no longer the minority in Congress. You look at 394 00:23:23,760 --> 00:23:27,359 Speaker 1: the polls and these mounting issues for President Biden, and 395 00:23:27,440 --> 00:23:30,359 Speaker 1: the Democrats are saying, well, you needed to stick with us. 396 00:23:30,400 --> 00:23:34,200 Speaker 1: That's a bad closing argument for them. In Congressman Comber 397 00:23:34,200 --> 00:23:37,040 Speaker 1: and his colleagues. They better be ready to get to 398 00:23:37,080 --> 00:23:39,520 Speaker 1: work as soon as they take charge if they get 399 00:23:39,560 --> 00:23:42,400 Speaker 1: the majority, and they better follow through with what they're 400 00:23:42,440 --> 00:23:45,760 Speaker 1: saying right now. You know, this is the reason why 401 00:23:45,800 --> 00:23:47,800 Speaker 1: the presidents they got a backstop at the White House 402 00:23:47,800 --> 00:23:49,720 Speaker 1: behind him saying as he's talking about how he's going 403 00:23:49,800 --> 00:23:51,920 Speaker 1: to lower the issue, you deliver these remarks and the 404 00:23:51,960 --> 00:23:55,960 Speaker 1: economy and inflation. Behind him, it said lowering costs, tackling inflation. 405 00:23:56,920 --> 00:23:59,600 Speaker 1: He's not doing either of these things, but he's gonna 406 00:23:59,600 --> 00:24:05,800 Speaker 1: act like and Republicans need to call him out. The 407 00:24:05,840 --> 00:24:08,800 Speaker 1: Republicans don't need to be smart. Congressen Comer said, the 408 00:24:08,880 --> 00:24:11,760 Speaker 1: narrative along has been that Hunter quote was on his 409 00:24:11,880 --> 00:24:16,080 Speaker 1: own and Joe Biden had no interest or knowledge of 410 00:24:16,119 --> 00:24:19,439 Speaker 1: anything that his son was doing with respect to business. 411 00:24:19,880 --> 00:24:22,840 Speaker 1: I think that we're seeing now is that it's completely 412 00:24:22,880 --> 00:24:27,800 Speaker 1: not true. Joe Biden's lying to the American people. We 413 00:24:27,880 --> 00:24:31,120 Speaker 1: need to tell the story of John Paul mack Isaac, 414 00:24:31,160 --> 00:24:33,800 Speaker 1: the owner of that Mac shop who said the president's 415 00:24:33,800 --> 00:24:38,639 Speaker 1: son appeared reeking of alcohol when he came into his store. 416 00:24:39,480 --> 00:24:41,159 Speaker 1: We need to talk about what the Left try to 417 00:24:41,160 --> 00:24:46,560 Speaker 1: do to him. That's an important story. But what this 418 00:24:46,720 --> 00:24:49,399 Speaker 1: really comes down to is it's the economy stupid and 419 00:24:49,560 --> 00:24:53,359 Speaker 1: corruption stupid. Both of these things. Okay, it is the 420 00:24:53,359 --> 00:24:59,760 Speaker 1: economy stupid, yes, but we need to follow the money. 421 00:25:00,840 --> 00:25:03,920 Speaker 1: Joe Biden, we know paid an eight hundred thousand dollars check. 422 00:25:04,000 --> 00:25:07,240 Speaker 1: We talked about the follow the money for legal fees 423 00:25:07,320 --> 00:25:11,080 Speaker 1: for Hunter Biden and his businesses. Wasn't doing an investigation. 424 00:25:11,119 --> 00:25:15,280 Speaker 1: I want to make that clear. We need to talk 425 00:25:15,320 --> 00:25:20,640 Speaker 1: about that. This is a guy that was not just 426 00:25:20,680 --> 00:25:23,840 Speaker 1: a weirdo and deviant, but even and I'm not going 427 00:25:23,880 --> 00:25:25,080 Speaker 1: to say it on the air, but go look at 428 00:25:25,119 --> 00:25:30,280 Speaker 1: his password. His password to get into his MacBook where 429 00:25:30,280 --> 00:25:33,320 Speaker 1: his account was protected had one of the most disgusting 430 00:25:34,040 --> 00:25:37,280 Speaker 1: phrases I've ever heard as a password. And this is 431 00:25:37,280 --> 00:25:40,840 Speaker 1: the guy that was doing multi million dollar deals, hundreds 432 00:25:40,880 --> 00:25:44,200 Speaker 1: of millions with the Chinese Communist Party, with Russian oligarchs. 433 00:25:48,160 --> 00:25:50,520 Speaker 1: This is the guy who had sexual images with various 434 00:25:50,560 --> 00:25:55,480 Speaker 1: women and shady documents from twenty seventeen titled income pdf 435 00:25:55,520 --> 00:25:58,320 Speaker 1: that detailed his salary At the top where the years 436 00:25:58,359 --> 00:26:02,240 Speaker 1: twenty thirteen, fourteen, fifteen next to the year was the 437 00:26:02,240 --> 00:26:04,360 Speaker 1: amount of tax will income earned eight hundred and thirty 438 00:26:04,400 --> 00:26:07,800 Speaker 1: three and thirteen eight hundred and forty seven thousand. I'm 439 00:26:07,880 --> 00:26:11,320 Speaker 1: inted to one point two four million in fourteen. Then 440 00:26:11,320 --> 00:26:15,000 Speaker 1: he jumped to two point four million higher the next 441 00:26:15,080 --> 00:26:18,720 Speaker 1: year in fifteen. So he was blown away all that money. 442 00:26:18,720 --> 00:26:22,359 Speaker 1: And this guy couldn't spring for a backup hard drive 443 00:26:22,400 --> 00:26:26,639 Speaker 1: for his computer. The President of the United States of 444 00:26:26,640 --> 00:26:29,360 Speaker 1: America knew all this was going on, and the President 445 00:26:29,440 --> 00:26:33,560 Speaker 1: exploited his son and did it so that he could 446 00:26:33,560 --> 00:26:36,000 Speaker 1: make money. And there's no way that you can separate 447 00:26:36,040 --> 00:26:39,040 Speaker 1: the two from one another. So when Biden comes out 448 00:26:39,080 --> 00:26:40,600 Speaker 1: and he's telling you, I'm going to fix things with 449 00:26:40,640 --> 00:26:42,840 Speaker 1: the economy and I'm gonna make things better, and when 450 00:26:42,840 --> 00:26:45,840 Speaker 1: he has his White House Economic Advisor coming out and 451 00:26:45,960 --> 00:26:49,880 Speaker 1: dismissing the recession, phil saying fear saying spinning levels will 452 00:26:50,200 --> 00:26:54,080 Speaker 1: cause even worse inflation if we don't get that under control. 453 00:26:54,119 --> 00:26:57,199 Speaker 1: But really everything's fine. You have to understand and know 454 00:26:58,680 --> 00:27:02,120 Speaker 1: that they're lying to you. Secretary Yellen, by the way, 455 00:27:02,119 --> 00:27:08,520 Speaker 1: this morning, was asked about eliminating abortions, and she said 456 00:27:08,520 --> 00:27:13,240 Speaker 1: it will actually damage the economy and will and help 457 00:27:13,320 --> 00:27:18,199 Speaker 1: ley to increase labor force participation. When we have abortions 458 00:27:18,200 --> 00:27:20,960 Speaker 1: if we get rid of them. So if you think 459 00:27:20,960 --> 00:27:22,919 Speaker 1: they're focused on the economy and how to fix it, 460 00:27:22,960 --> 00:27:28,360 Speaker 1: you're also wrong. Listen to Secretary Yellen literally there at 461 00:27:28,400 --> 00:27:31,679 Speaker 1: this meeting today while the economy is burning, telling you 462 00:27:31,720 --> 00:27:33,800 Speaker 1: we got to have more abortions to help our economy 463 00:27:33,880 --> 00:27:35,440 Speaker 1: come out. I want to talk you about some things 464 00:27:35,440 --> 00:27:39,159 Speaker 1: that also can affect our economy. The ability to have 465 00:27:39,359 --> 00:27:45,040 Speaker 1: full control over one's reproductive health has real world economic consequences. 466 00:27:45,520 --> 00:27:47,280 Speaker 1: By the way, if you can't pay your bills right now, 467 00:27:47,720 --> 00:27:49,320 Speaker 1: do you really think you give a crap about what 468 00:27:49,400 --> 00:27:53,959 Speaker 1: center Menendez is pushing in this propaganda. According to the 469 00:27:54,000 --> 00:27:58,639 Speaker 1: Institute for Women's Policy Research, current state level abortion restrictions 470 00:27:58,680 --> 00:28:01,920 Speaker 1: already costs the United States about one hundred and five 471 00:28:02,040 --> 00:28:07,200 Speaker 1: billion annually due to reduce earning levels, increase job turnover, 472 00:28:07,280 --> 00:28:12,119 Speaker 1: and time off of women. So, Secretary Yellen, if the 473 00:28:12,359 --> 00:28:16,840 Speaker 1: draft of the courts majority holding in ROVERSUS way is 474 00:28:17,200 --> 00:28:20,480 Speaker 1: the actual decision, what impact will the loss of abortion 475 00:28:20,520 --> 00:28:25,200 Speaker 1: access mean economically for when well, I believe that eliminating 476 00:28:25,240 --> 00:28:29,720 Speaker 1: the right of women to make decisions about when and 477 00:28:29,840 --> 00:28:34,480 Speaker 1: whether to have children would have very damaging effects on 478 00:28:34,520 --> 00:28:39,880 Speaker 1: the economy and would set women back decades rov wade 479 00:28:39,880 --> 00:28:44,120 Speaker 1: and access. And by the way, she's reading this, So 480 00:28:44,280 --> 00:28:47,000 Speaker 1: you've got the woman who's supposed to be there talking 481 00:28:47,040 --> 00:28:50,360 Speaker 1: about the economy, reading pre prepared remarks in a pre 482 00:28:50,560 --> 00:28:56,520 Speaker 1: organized conversation. This is an American economist who's serving as 483 00:28:56,560 --> 00:29:00,720 Speaker 1: the seventy eighth United States Secretary of the Treasury. This 484 00:29:00,840 --> 00:29:03,280 Speaker 1: is a woman who's there now, all of a sudden, 485 00:29:03,920 --> 00:29:08,040 Speaker 1: as a Treasury secretary talking to you about abortion instead 486 00:29:08,040 --> 00:29:11,040 Speaker 1: of worrying about the economy. So when you're having hardship 487 00:29:11,080 --> 00:29:14,040 Speaker 1: in your life, no, this is what Democrats were pre 488 00:29:14,160 --> 00:29:17,440 Speaker 1: arranging and pre planning for her comments before the Senate 489 00:29:17,760 --> 00:29:23,560 Speaker 1: to reproductive healthcare, including abortion, helped lead to increase labor 490 00:29:23,600 --> 00:29:30,200 Speaker 1: force participation. It enabled many women to finish school that 491 00:29:30,360 --> 00:29:35,080 Speaker 1: increased their earning potential. It allowed women to plan and 492 00:29:35,200 --> 00:29:40,080 Speaker 1: balance their families and careers, and research also shows that 493 00:29:40,160 --> 00:29:44,080 Speaker 1: it had a favorable impact on the well being and 494 00:29:44,200 --> 00:29:49,960 Speaker 1: earnings of children. There are many research studies that have 495 00:29:50,080 --> 00:29:55,360 Speaker 1: been done over the years looking at the economic impacts 496 00:29:55,440 --> 00:30:00,479 Speaker 1: of access or lack there of, to abortion, and makes 497 00:30:00,480 --> 00:30:05,800 Speaker 1: clear that denying women access to abortion increase their odds 498 00:30:05,800 --> 00:30:09,600 Speaker 1: of living in poverty or need for public assistance, or 499 00:30:09,640 --> 00:30:14,080 Speaker 1: half of the population of America, eliminating a right that 500 00:30:14,120 --> 00:30:17,720 Speaker 1: has existed for half a century, particularly for low income 501 00:30:17,720 --> 00:30:20,520 Speaker 1: and minority women, who have already showed that much of 502 00:30:20,520 --> 00:30:23,640 Speaker 1: the burden from the COVID pandemic would be a disaster. 503 00:30:24,520 --> 00:30:27,440 Speaker 1: So get an abortion, it's good for the economy. Kill 504 00:30:27,480 --> 00:30:31,080 Speaker 1: a baby, it's good for the economy. Continue to have 505 00:30:31,120 --> 00:30:35,680 Speaker 1: abortions because it's good for the economy. That's your closing argument. 506 00:30:35,760 --> 00:30:38,360 Speaker 1: That's the selling point, Like, just just get an abortion. 507 00:30:39,200 --> 00:30:41,640 Speaker 1: If you hurry up and get that abortion, everything will 508 00:30:41,640 --> 00:30:45,320 Speaker 1: work out. They're not trying to fix the economy. They 509 00:30:45,360 --> 00:30:48,560 Speaker 1: love that you're suffering. Proof of it is the plan 510 00:30:48,680 --> 00:30:51,320 Speaker 1: by this present to not fix what's actually going on. 511 00:30:52,640 --> 00:30:55,000 Speaker 1: If any of these people involved were actually trying to 512 00:30:55,000 --> 00:30:59,000 Speaker 1: fix the economy instead of getting you weak economically. You 513 00:30:59,040 --> 00:31:02,960 Speaker 1: have to understand these socialists gained power the weaker you are. 514 00:31:04,440 --> 00:31:06,600 Speaker 1: Right when you can't pay your bills and you have 515 00:31:06,680 --> 00:31:08,880 Speaker 1: to come to the government to pay for your bills, 516 00:31:08,960 --> 00:31:13,080 Speaker 1: for your food, for your basic necessities in life, they 517 00:31:13,160 --> 00:31:17,800 Speaker 1: gain power over you. Secretary Yellen knows this. That's the 518 00:31:17,800 --> 00:31:19,920 Speaker 1: reason why she's spending time talking about abortion. That's why 519 00:31:19,920 --> 00:31:22,240 Speaker 1: Democrats are talking about abortion. That's why the presidents saying, 520 00:31:22,480 --> 00:31:24,920 Speaker 1: you know, we're going to lower costs and tackle inflation 521 00:31:25,040 --> 00:31:28,840 Speaker 1: by taxing the rich. Right, so everybody's gonna cheer four. 522 00:31:30,520 --> 00:31:33,840 Speaker 1: But he's not really accomplishing anything. He's not really doing anything, 523 00:31:34,640 --> 00:31:36,440 Speaker 1: and anybody with a brain knows this, and this is 524 00:31:36,440 --> 00:31:38,720 Speaker 1: the reason why Wall Street is going to react. Accordingly, 525 00:31:39,720 --> 00:31:42,360 Speaker 1: things are going to get worse, but hey, at least 526 00:31:42,360 --> 00:31:44,120 Speaker 1: for this week, we got it the headlines out of 527 00:31:44,120 --> 00:31:46,960 Speaker 1: the way that deal with me, my corruption, my son, 528 00:31:47,080 --> 00:31:51,000 Speaker 1: my brother and what's going on. And if Republicans want 529 00:31:51,000 --> 00:31:55,200 Speaker 1: to win in November, they better start highlighting all of this. 530 00:31:57,000 --> 00:31:59,000 Speaker 1: Make sure you share a podcast, and if you haven't 531 00:31:59,040 --> 00:32:01,480 Speaker 1: clicked that auto down download or subscribe button, you'll get 532 00:32:01,480 --> 00:32:04,160 Speaker 1: the podcast to your phone or wherever you're listening each 533 00:32:04,160 --> 00:32:07,200 Speaker 1: and every day. It's obviously free. Make sure you do that, 534 00:32:07,240 --> 00:32:09,200 Speaker 1: and please, if you don't mind, take a moment to 535 00:32:09,240 --> 00:32:11,760 Speaker 1: write us a five star review. When you do that, 536 00:32:11,800 --> 00:32:15,400 Speaker 1: it helps us tremendously on the podcast charts, which allows 537 00:32:15,440 --> 00:32:18,720 Speaker 1: for more people to find our podcast. We'll see you 538 00:32:18,760 --> 00:32:19,520 Speaker 1: back here tomorrow.