1 00:00:00,080 --> 00:00:03,320 Speaker 1: Welcome to today's edition of the Clay Travis and Buck 2 00:00:03,360 --> 00:00:08,760 Speaker 1: Sexton Show podcast. Welcome in Thursday edition Clay Travis Buck 3 00:00:08,840 --> 00:00:11,719 Speaker 1: Sexton Show. We hope all of you, wherever you may be, 4 00:00:11,840 --> 00:00:14,760 Speaker 1: across this great country or this great land, are having 5 00:00:14,840 --> 00:00:17,960 Speaker 1: a fantastic day so far. We're here to make it 6 00:00:18,520 --> 00:00:23,000 Speaker 1: a lot better. Joe Biden has tested positive for COVID. 7 00:00:23,800 --> 00:00:28,320 Speaker 1: We will discuss primarily all the lies that he spread 8 00:00:28,320 --> 00:00:31,440 Speaker 1: about how well the COVID shot worked. Got a couple 9 00:00:31,480 --> 00:00:34,400 Speaker 1: of great clips for you there. We certainly wish him well. 10 00:00:34,479 --> 00:00:37,360 Speaker 1: He will be fine. Was talking with Buck right before 11 00:00:37,400 --> 00:00:39,320 Speaker 1: we started the show and said, one of the interesting 12 00:00:39,360 --> 00:00:42,400 Speaker 1: things that you see now is even seventy nine year 13 00:00:42,400 --> 00:00:47,200 Speaker 1: old Joe Biden, who has tested positive for COVID, White 14 00:00:47,240 --> 00:00:51,920 Speaker 1: House announces it, and the stock market totally doesn't adjust 15 00:00:51,960 --> 00:00:56,160 Speaker 1: at all. As COVID is now for many people the 16 00:00:56,280 --> 00:01:01,440 Speaker 1: equivalent of the cold the flu. I don't know whether 17 00:01:01,520 --> 00:01:04,399 Speaker 1: anybody even hardly reacts at all. We've got a couple 18 00:01:04,400 --> 00:01:07,440 Speaker 1: of great guests coming your way. Art Laugher, who is 19 00:01:07,640 --> 00:01:13,280 Speaker 1: a genius economist, on where are we right now in 20 00:01:13,400 --> 00:01:16,440 Speaker 1: terms of a recession or not a recession? Where is 21 00:01:16,480 --> 00:01:20,360 Speaker 1: inflation going, How does he analyze our current economic condition? 22 00:01:20,920 --> 00:01:23,559 Speaker 1: That should be fun Nick Sarcy as we get ready 23 00:01:23,640 --> 00:01:28,840 Speaker 1: for another primetime January sixth hearing. But I wanted to 24 00:01:28,920 --> 00:01:33,360 Speaker 1: begin with you this discussion of Joe Biden, who probably 25 00:01:33,520 --> 00:01:38,759 Speaker 1: is buck the most protected man in America in terms 26 00:01:38,760 --> 00:01:41,560 Speaker 1: of the way that they tried to prevent him from 27 00:01:41,600 --> 00:01:45,679 Speaker 1: getting COVID. Right, they have spent months, eighteen months of 28 00:01:45,720 --> 00:01:50,440 Speaker 1: his presidency essentially hiding him from everyone. Is basically chewing 29 00:01:50,440 --> 00:01:52,640 Speaker 1: his food for him at this point. But yes, yes, 30 00:01:53,160 --> 00:01:57,360 Speaker 1: and so what's interesting about this in particular is Biden 31 00:01:57,440 --> 00:02:01,840 Speaker 1: has been awful in terms of the draconian restrictions that 32 00:02:01,920 --> 00:02:06,000 Speaker 1: he has tried to implement through mandatory vaccination programs that 33 00:02:06,240 --> 00:02:10,200 Speaker 1: have not worked in terms of stopping the spread or 34 00:02:10,320 --> 00:02:13,760 Speaker 1: keeping people from getting COVID. Biden now has had his 35 00:02:13,840 --> 00:02:18,240 Speaker 1: initial two COVID shots and two boosters, all within the 36 00:02:18,280 --> 00:02:21,880 Speaker 1: space of about fifteen or sixteen months. And I want 37 00:02:21,880 --> 00:02:25,520 Speaker 1: to flashback to the lies that Joe Biden told the 38 00:02:25,560 --> 00:02:30,040 Speaker 1: American public. Here is Joe Biden nearly a year ago, 39 00:02:30,680 --> 00:02:35,320 Speaker 1: in July of twenty twenty one, saying on CNN, You're 40 00:02:35,360 --> 00:02:39,280 Speaker 1: not gonna get COVID if you have these vaccinations. July 41 00:02:39,480 --> 00:02:43,080 Speaker 1: twenty first, twenty twenty one. This was a CNN town hall. 42 00:02:43,440 --> 00:02:47,160 Speaker 1: Joe Biden said this there, you're okay, You're you're not 43 00:02:47,200 --> 00:02:51,160 Speaker 1: gonna get COVID if you have these vaccinations. That is 44 00:02:51,160 --> 00:02:55,639 Speaker 1: a lie. Buck. As recently as January, you'll remember during 45 00:02:56,000 --> 00:02:59,760 Speaker 1: the White House's self proclaimed Winter of Death, when they 46 00:02:59,760 --> 00:03:02,560 Speaker 1: were trying to mandate that everyone get the COVID shot, 47 00:03:02,680 --> 00:03:05,919 Speaker 1: even though we knew that the COVID shot wasn't preventing 48 00:03:06,080 --> 00:03:08,000 Speaker 1: or keeping people from getting COVID. And let me say 49 00:03:08,040 --> 00:03:11,880 Speaker 1: this about July twenty first of last year, Buck, we 50 00:03:11,880 --> 00:03:16,280 Speaker 1: were on air telling everyone already by then the data 51 00:03:16,400 --> 00:03:19,880 Speaker 1: was clear that you could still get COVID and spread 52 00:03:19,919 --> 00:03:24,520 Speaker 1: COVID even if you got the COVID shot. So Biden 53 00:03:24,639 --> 00:03:28,320 Speaker 1: was spreading untruths even then. I want you to listen 54 00:03:28,760 --> 00:03:33,480 Speaker 1: January of twenty twenty two, when Biden said, this is 55 00:03:33,480 --> 00:03:38,040 Speaker 1: a pandemic of the unvaccinated. Listens, no excuse, no excoops 56 00:03:38,080 --> 00:03:42,280 Speaker 1: for anyone being unvaccinated. This continues to be a pandemic 57 00:03:42,360 --> 00:03:46,040 Speaker 1: of the unvaccinated. So we got to make more progress. 58 00:03:46,440 --> 00:03:49,560 Speaker 1: So they were wrong about everything. Yes, absolutely everything, top 59 00:03:49,600 --> 00:03:54,000 Speaker 1: to bottom, left to right, front to back, everything they 60 00:03:54,040 --> 00:03:57,800 Speaker 1: have been wrong about so far. And it's remarkable that 61 00:03:57,840 --> 00:04:02,040 Speaker 1: there is no humility that comes from this for them whatsoever, 62 00:04:02,120 --> 00:04:05,200 Speaker 1: no sense of you know, maybe you know, if I 63 00:04:05,200 --> 00:04:08,160 Speaker 1: could sit down with obviously Fauci and all the rest 64 00:04:08,160 --> 00:04:10,920 Speaker 1: of them and Burks, I would have so many questions 65 00:04:10,920 --> 00:04:13,200 Speaker 1: that they would not have good answers for. We all 66 00:04:13,240 --> 00:04:16,400 Speaker 1: know that. But even with the social media companies, with 67 00:04:16,520 --> 00:04:20,119 Speaker 1: the Democrat aligne corporate media, do any of them feel 68 00:04:20,120 --> 00:04:23,480 Speaker 1: badly about shutting down conspiracy theories about how the vaccine 69 00:04:23,520 --> 00:04:25,760 Speaker 1: doesn't work as well as advertised. Do any of them 70 00:04:25,800 --> 00:04:30,120 Speaker 1: feel like maybe the suppression of the most important issues 71 00:04:30,240 --> 00:04:33,480 Speaker 1: in the country at the time, the abandonment to free 72 00:04:33,520 --> 00:04:38,480 Speaker 1: speech in favor of the narrative and enforced shut your mouth, 73 00:04:38,520 --> 00:04:41,760 Speaker 1: shut your face, or you lose your job or you know, 74 00:04:41,960 --> 00:04:45,240 Speaker 1: or worse, maybe they should feel badly about that, and 75 00:04:45,279 --> 00:04:47,760 Speaker 1: they don't feel badly at all. Maybe the fact that 76 00:04:47,800 --> 00:04:51,960 Speaker 1: they advocated for people to lose decades long careers or 77 00:04:52,000 --> 00:04:54,000 Speaker 1: just lose their job that they just start, it doesn't matter, 78 00:04:54,040 --> 00:04:56,960 Speaker 1: it has huge impact on people over a vaccine. That 79 00:04:57,120 --> 00:04:59,480 Speaker 1: Let's be very clear, because they're gonna lie about this now, 80 00:04:59,560 --> 00:05:02,200 Speaker 1: they're gonna say, oh, but it still works so well 81 00:05:02,279 --> 00:05:05,320 Speaker 1: to stop hospitalization and death. That's if you're within the 82 00:05:05,320 --> 00:05:09,280 Speaker 1: booster window. And that's only for a very small segment 83 00:05:09,320 --> 00:05:11,960 Speaker 1: of the population that is actually even at risk. And 84 00:05:12,000 --> 00:05:13,680 Speaker 1: I don't even know how long that booster window is 85 00:05:13,760 --> 00:05:15,080 Speaker 1: or how good it is. By the way, I mean, 86 00:05:15,200 --> 00:05:18,920 Speaker 1: you know they are now, folks, They are defending on 87 00:05:18,960 --> 00:05:21,760 Speaker 1: their five yard line. This is a red zone defense 88 00:05:21,800 --> 00:05:24,960 Speaker 1: for them. Clay, Hey, look at you. That's right. And 89 00:05:25,240 --> 00:05:28,880 Speaker 1: what we have to understand is that the initial reality 90 00:05:28,960 --> 00:05:31,600 Speaker 1: here was the promise that if you got the shot, 91 00:05:32,240 --> 00:05:35,280 Speaker 1: you wouldn't spread it. And that's how they ram these 92 00:05:35,320 --> 00:05:38,440 Speaker 1: needles into everyone's arms, including me. By the way, I 93 00:05:38,480 --> 00:05:41,000 Speaker 1: had no choice if you worked in New York City. 94 00:05:41,200 --> 00:05:42,840 Speaker 1: Not people say, oh, just because you wanted to go 95 00:05:42,880 --> 00:05:46,000 Speaker 1: to restaurants. No, you couldn't go into a corporate building. 96 00:05:46,240 --> 00:05:49,560 Speaker 1: You can't go into a studio. You had to be vaccinated. 97 00:05:49,760 --> 00:05:52,640 Speaker 1: I had to be vaccinated to go into Fox for 98 00:05:52,720 --> 00:05:55,200 Speaker 1: TV hits. You have to be vaccinated if you're going 99 00:05:55,240 --> 00:05:57,719 Speaker 1: to do your job here. And it was all based 100 00:05:57,800 --> 00:06:01,120 Speaker 1: on if you don't get the shot, you're to other people. 101 00:06:01,440 --> 00:06:03,360 Speaker 1: It's not a choice you're allowed to make for yourself, 102 00:06:03,400 --> 00:06:06,840 Speaker 1: my body, my choice. That's they were wrong about this. 103 00:06:07,120 --> 00:06:09,839 Speaker 1: They lied about this, and they should be ashamed of 104 00:06:09,880 --> 00:06:12,120 Speaker 1: what they did. And said they're just gonna go look 105 00:06:12,120 --> 00:06:14,520 Speaker 1: at Bud and he's gonna do the genuflection. Clay so 106 00:06:14,720 --> 00:06:17,039 Speaker 1: happy that I had four shots, almost got to my 107 00:06:17,080 --> 00:06:20,599 Speaker 1: fifth and shot six and seven really kick in. Well, 108 00:06:20,640 --> 00:06:23,640 Speaker 1: what he's gonna say is without these four shots, I 109 00:06:23,640 --> 00:06:26,240 Speaker 1: would have been in a lot more danger. What I 110 00:06:26,240 --> 00:06:28,720 Speaker 1: would ask all of you, we just played you those 111 00:06:28,760 --> 00:06:33,520 Speaker 1: clips from July and from January from the president. If 112 00:06:34,040 --> 00:06:43,200 Speaker 1: they are wrong about everything that they told you in January, February, March, April, May, June, July, August, September, October, November, December, 113 00:06:43,279 --> 00:06:46,719 Speaker 1: January and up to now, why would you expect that 114 00:06:46,760 --> 00:06:50,040 Speaker 1: a year from now they're not still wrong about everything? 115 00:06:51,040 --> 00:06:54,800 Speaker 1: In other words, yes, if at some point, if you're 116 00:06:54,839 --> 00:06:59,000 Speaker 1: just a rational human being out there and someone constantly 117 00:06:59,160 --> 00:07:03,320 Speaker 1: tells you information that you later find out is wrong, 118 00:07:03,720 --> 00:07:06,240 Speaker 1: and they cite the science all the time as the 119 00:07:06,320 --> 00:07:09,800 Speaker 1: reason why they're right, and you can't ask any questions 120 00:07:09,840 --> 00:07:14,040 Speaker 1: at all, a year from now, what is likely to 121 00:07:14,120 --> 00:07:17,840 Speaker 1: be known about these COVID shots. Where are we going 122 00:07:17,920 --> 00:07:20,120 Speaker 1: to be sitting in Buck's right, because they're going to 123 00:07:20,200 --> 00:07:22,720 Speaker 1: be on the fifth, the sixth, or the seventh booster 124 00:07:22,840 --> 00:07:25,960 Speaker 1: by then a year from now. And what they're hanging 125 00:07:26,040 --> 00:07:30,640 Speaker 1: onto as tightly as they possibly can is what Biden 126 00:07:30,800 --> 00:07:35,080 Speaker 1: is going to say, I didn't die because I got 127 00:07:35,120 --> 00:07:37,520 Speaker 1: the COVID shot. But what the data is reflecting. I 128 00:07:37,560 --> 00:07:40,200 Speaker 1: was reading what Alex Barnson is sharing from around the 129 00:07:40,240 --> 00:07:45,320 Speaker 1: world data. What the data is increasingly showing is each 130 00:07:45,320 --> 00:07:48,160 Speaker 1: of these booster shots last for a shorter period of 131 00:07:48,200 --> 00:07:52,200 Speaker 1: time and does a less efficient job of protecting you 132 00:07:52,680 --> 00:07:55,680 Speaker 1: from dying. In fact, in some of these countries now, 133 00:07:56,040 --> 00:08:00,840 Speaker 1: the people who are dying are double vaxed, triple boosted, 134 00:08:00,920 --> 00:08:04,600 Speaker 1: quadruple boosted at super high rates, and they're not sharing 135 00:08:04,640 --> 00:08:07,559 Speaker 1: that information. And what I think everyone out there listening 136 00:08:07,600 --> 00:08:08,840 Speaker 1: to us right now, and I think most people have 137 00:08:08,880 --> 00:08:11,480 Speaker 1: already made this decision, Buck, what you have to recognize 138 00:08:11,600 --> 00:08:15,360 Speaker 1: is you're all gonna get COVID. Every single one of 139 00:08:15,400 --> 00:08:17,480 Speaker 1: you is going to get COVID if you haven't already 140 00:08:17,520 --> 00:08:21,560 Speaker 1: had it. I really believe that, And there's almost nothing 141 00:08:21,600 --> 00:08:23,880 Speaker 1: you're going to be able to do to keep yourself 142 00:08:23,920 --> 00:08:28,000 Speaker 1: from getting COVID. By the time people could even get vaccines, 143 00:08:28,880 --> 00:08:31,800 Speaker 1: at least seventy percent of the country had already had COVID, 144 00:08:31,880 --> 00:08:34,559 Speaker 1: probably even higher than that, meaning that for the first 145 00:08:34,679 --> 00:08:38,000 Speaker 1: I'm talking about, you know, vaccines one point zero, you know, 146 00:08:38,040 --> 00:08:40,320 Speaker 1: you get that shot, and it was all now you're safe. 147 00:08:40,320 --> 00:08:43,680 Speaker 1: And all these libs were taking photos themselves crying every 148 00:08:43,720 --> 00:08:46,840 Speaker 1: bit outside my living room in every year, and now 149 00:08:46,880 --> 00:08:49,280 Speaker 1: I can find It's like you're twenty five. Yeah, you know, 150 00:08:49,320 --> 00:08:52,520 Speaker 1: if you're a zero citizen with real health issues. You know, 151 00:08:52,600 --> 00:08:54,640 Speaker 1: I understand my parents stayed inside a lot of the 152 00:08:54,679 --> 00:08:56,960 Speaker 1: beginning COVID. I get it. But there were twenty five 153 00:08:57,040 --> 00:08:59,200 Speaker 1: year old libs who were more likely to die from 154 00:08:59,200 --> 00:09:01,400 Speaker 1: a lightning strip, who were in tears because they got 155 00:09:01,720 --> 00:09:03,440 Speaker 1: But the point is by the time you could even 156 00:09:03,480 --> 00:09:06,360 Speaker 1: get a shot, because remember they did it, they made 157 00:09:06,360 --> 00:09:08,640 Speaker 1: it so that it was tiered, right, I mean, you 158 00:09:08,640 --> 00:09:11,319 Speaker 1: know some people could get it earlier. And remember they 159 00:09:11,360 --> 00:09:15,200 Speaker 1: prioritized people in the schools getting them. They were all 160 00:09:15,240 --> 00:09:17,439 Speaker 1: the teachers unions, places like New York City. It was, oh, 161 00:09:17,520 --> 00:09:19,640 Speaker 1: we have to the White House. Under Trump. Actually there 162 00:09:19,679 --> 00:09:21,440 Speaker 1: was a big fight with Fauci and the rest of 163 00:09:21,480 --> 00:09:25,640 Speaker 1: them early on before the transition actually happened, about what 164 00:09:25,679 --> 00:09:27,480 Speaker 1: the policy should be. I was told about this by 165 00:09:27,480 --> 00:09:30,000 Speaker 1: people working in the White House because they were like, 166 00:09:30,040 --> 00:09:32,280 Speaker 1: we gotta get it to seniors. That's what the Scantists 167 00:09:32,320 --> 00:09:35,480 Speaker 1: did as soon as possible, and the Libs were like, no, 168 00:09:35,559 --> 00:09:37,000 Speaker 1: let's get it to it, you know, let's get it 169 00:09:37,040 --> 00:09:39,679 Speaker 1: to the essential where the grocery store clerks who were 170 00:09:39,679 --> 00:09:42,920 Speaker 1: in their thirties and teachers who are an average age 171 00:09:42,920 --> 00:09:46,000 Speaker 1: of like thirty two, because they're at such risk. Because 172 00:09:46,000 --> 00:09:49,959 Speaker 1: those were democratic constituencies. There were so many awful decisions 173 00:09:49,960 --> 00:09:53,679 Speaker 1: made here, and no one's been fired, no one has 174 00:09:53,679 --> 00:09:56,800 Speaker 1: even where's even the maya culpa? You know, where's the 175 00:09:56,840 --> 00:10:00,199 Speaker 1: maya Fauci? I'm so sorry that I ruined everything thing 176 00:10:00,240 --> 00:10:04,800 Speaker 1: for everybody with no upside. Instead we get the genuflection 177 00:10:04,840 --> 00:10:07,320 Speaker 1: from Biden. You're totally right. Oh, it'd be so bad 178 00:10:07,360 --> 00:10:12,320 Speaker 1: if I had trumpet COVID, no vaccine. He was fine too. 179 00:10:12,440 --> 00:10:14,720 Speaker 1: We're noticing a pattern here, guys in their seventies and 180 00:10:14,760 --> 00:10:18,640 Speaker 1: reasonable health. I mean, Biden yesterday was muttering gibberish about 181 00:10:18,640 --> 00:10:20,280 Speaker 1: how he thinks he might have cancer or something that 182 00:10:20,400 --> 00:10:22,480 Speaker 1: we need to play that for people. If he's fine, 183 00:10:23,040 --> 00:10:25,240 Speaker 1: you know your odds are pretty good, folks, And none 184 00:10:25,240 --> 00:10:26,599 Speaker 1: of us are going to live forever. I don't know 185 00:10:26,640 --> 00:10:29,360 Speaker 1: what else to say. These libs are out of their minds. 186 00:10:30,360 --> 00:10:33,360 Speaker 1: I knew all the way back, Buck when they said, 187 00:10:33,400 --> 00:10:35,280 Speaker 1: and this doesn't get talked about a lot, when they 188 00:10:35,280 --> 00:10:38,240 Speaker 1: gave Fizer and Maderna, Johnson and Johnson and everybody who 189 00:10:38,240 --> 00:10:42,320 Speaker 1: made the COVID shots immunity forever from being sued for 190 00:10:42,480 --> 00:10:45,400 Speaker 1: their shots. Because we did that and it doesn't get 191 00:10:45,440 --> 00:10:50,160 Speaker 1: talked about very much. I got really nervous because do 192 00:10:50,240 --> 00:10:53,520 Speaker 1: you know how often drugs that come on the market 193 00:10:53,760 --> 00:10:59,400 Speaker 1: end up having awful impacts. Even with decades of testing, 194 00:10:59,600 --> 00:11:03,320 Speaker 1: we still get things wrong. And we rushed this COVID 195 00:11:03,320 --> 00:11:06,960 Speaker 1: shot out without a long range plan for what it's 196 00:11:07,040 --> 00:11:09,720 Speaker 1: long term impact was going to be. And I I 197 00:11:09,760 --> 00:11:14,200 Speaker 1: have my fingers crossed about this from a data perspective, Buck, 198 00:11:14,360 --> 00:11:16,880 Speaker 1: I just hope we hit it on this, and we've 199 00:11:16,880 --> 00:11:19,360 Speaker 1: talked about it for months. I just hope that the 200 00:11:19,480 --> 00:11:24,680 Speaker 1: COVID shot isn't actually going to end up making COVID 201 00:11:24,960 --> 00:11:27,240 Speaker 1: far worse than it would have been if we had 202 00:11:27,240 --> 00:11:29,319 Speaker 1: never had a COVID shot at all, and to be clear, 203 00:11:29,440 --> 00:11:33,240 Speaker 1: if you had even brought up the possibilities of how 204 00:11:33,360 --> 00:11:36,760 Speaker 1: vaccines can over a long term have problems that are 205 00:11:36,800 --> 00:11:39,920 Speaker 1: unforeseen or go wrong. If you brought up any of 206 00:11:39,960 --> 00:11:44,720 Speaker 1: these concepts a year ago last summer, you became public 207 00:11:44,800 --> 00:11:47,760 Speaker 1: enemy number one, and the biggest news outlets in the 208 00:11:47,760 --> 00:11:51,360 Speaker 1: country and the social media giants would seek to deep 209 00:11:51,400 --> 00:11:54,480 Speaker 1: person you and destroy you, get you fired, cut you 210 00:11:54,520 --> 00:11:57,760 Speaker 1: off from Eddie. These people are horrifying, the people who 211 00:11:57,760 --> 00:12:01,000 Speaker 1: pushed this and did this and abandoned all the fundamental 212 00:12:01,000 --> 00:12:03,840 Speaker 1: principles or freedom and liberty in our society in order 213 00:12:03,880 --> 00:12:05,720 Speaker 1: to tell in order to make us do things that 214 00:12:05,800 --> 00:12:09,440 Speaker 1: they assured us one hundred They knew the answers too. 215 00:12:10,000 --> 00:12:12,800 Speaker 1: They were wrong. And this is why it's so important 216 00:12:12,800 --> 00:12:15,680 Speaker 1: that we hold them to account politically. It's the only 217 00:12:15,720 --> 00:12:18,880 Speaker 1: mechanism we have, folks, is to hold them to account. 218 00:12:18,920 --> 00:12:20,600 Speaker 1: In a few months when you can vote on this, 219 00:12:20,800 --> 00:12:23,480 Speaker 1: the Democrat Party deserves the biggest ass kicking it's ever 220 00:12:23,520 --> 00:12:27,640 Speaker 1: gotten in history based on its COVID wrongness alone. Period. 221 00:12:28,080 --> 00:12:30,680 Speaker 1: The one thing I will say that I'm super optimistic 222 00:12:30,679 --> 00:12:34,440 Speaker 1: about as it pertains to COVID is. I felt like, 223 00:12:34,640 --> 00:12:36,280 Speaker 1: I know you felt this way too, Buck. I felt 224 00:12:36,320 --> 00:12:38,040 Speaker 1: like for a long time we were screaming into the 225 00:12:38,080 --> 00:12:41,400 Speaker 1: wilderness because there was hardly anybody who would pay attention 226 00:12:41,400 --> 00:12:43,599 Speaker 1: to what we were saying. In terms of the data, 227 00:12:43,679 --> 00:12:46,680 Speaker 1: the fact that only two percent of parents have gotten 228 00:12:46,720 --> 00:12:49,720 Speaker 1: their six months to five year old kids COVID shots 229 00:12:50,400 --> 00:12:52,880 Speaker 1: is the most telling statistic that I have seen about 230 00:12:52,920 --> 00:12:55,280 Speaker 1: COVID in a long time, because every single parent cares 231 00:12:55,320 --> 00:12:58,280 Speaker 1: more about their young children's health than anything in the world, 232 00:12:58,760 --> 00:13:02,439 Speaker 1: and overwhelmingly ninety eight percent so far, if parents are saying, 233 00:13:02,720 --> 00:13:05,400 Speaker 1: I'm not putting this shot into my kid's arms, and 234 00:13:05,440 --> 00:13:09,559 Speaker 1: it's the right call. Look, American farmers, they're sounding the alarm. 235 00:13:09,679 --> 00:13:12,600 Speaker 1: Many of them have shared that they're running out a fertilizer. 236 00:13:12,920 --> 00:13:16,800 Speaker 1: This means we're going to have food shortages because without fertilizer, 237 00:13:16,880 --> 00:13:20,000 Speaker 1: you can't grow food. It doesn't take a prepper to 238 00:13:20,040 --> 00:13:22,319 Speaker 1: see the danger that's going on here. So I've got 239 00:13:22,320 --> 00:13:25,920 Speaker 1: an easy solution prepares you for what's ahead, And I'm 240 00:13:25,960 --> 00:13:28,960 Speaker 1: telling you I did this. My wife was listening to 241 00:13:28,960 --> 00:13:30,720 Speaker 1: these ads. She said, we've been talking about this for 242 00:13:30,720 --> 00:13:34,400 Speaker 1: a long time. Let's just get a ton of food 243 00:13:34,559 --> 00:13:37,320 Speaker 1: in the house that's gonna last a long time. 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The 260 00:14:40,160 --> 00:14:44,480 Speaker 1: economy is important to all of us and is certainly 261 00:14:44,480 --> 00:14:47,480 Speaker 1: going to play a massive role in the upcoming election 262 00:14:47,600 --> 00:14:50,320 Speaker 1: just a few months away. Now, we want to bring 263 00:14:50,360 --> 00:14:55,240 Speaker 1: on somebody who is legendary in the space, even does 264 00:14:55,280 --> 00:14:58,280 Speaker 1: get a shout out in the fantastic Ferris Bueller's day 265 00:14:58,320 --> 00:15:02,200 Speaker 1: off for his amazing curve. Art Laugher of the Laffer Curve, 266 00:15:02,280 --> 00:15:06,240 Speaker 1: former Reagan Economic advisors with us now, Art, great to 267 00:15:06,240 --> 00:15:09,040 Speaker 1: talk to you again, sir, Thank you very much, My pleasure, 268 00:15:09,120 --> 00:15:11,520 Speaker 1: My pleasure. Start with the big ones and we'll work 269 00:15:11,560 --> 00:15:14,680 Speaker 1: down into some specifics here, Art. Are we in a recession? 270 00:15:14,840 --> 00:15:18,440 Speaker 1: How bad is it going to get? Well? City Corps 271 00:15:18,520 --> 00:15:22,160 Speaker 1: today said that their expectation was a fifty percent chance 272 00:15:22,240 --> 00:15:26,240 Speaker 1: of getting in a recession, and my comment on that was, 273 00:15:26,680 --> 00:15:29,560 Speaker 1: we had the first quarter was down GDP one point 274 00:15:29,600 --> 00:15:32,360 Speaker 1: six percent, the second quarter is already over, and the 275 00:15:32,480 --> 00:15:34,240 Speaker 1: estimate starry it's going to be down around one and 276 00:15:34,280 --> 00:15:36,880 Speaker 1: a half percent, which means we're already in a recession. 277 00:15:36,920 --> 00:15:38,720 Speaker 1: How in heck can they ever say it's a fifty 278 00:15:38,760 --> 00:15:42,520 Speaker 1: percent chance when it's already happened and we've been in 279 00:15:42,600 --> 00:15:45,200 Speaker 1: one now. The only question is really is how long 280 00:15:45,240 --> 00:15:46,520 Speaker 1: is it going to last? Now? Bad is it going 281 00:15:46,560 --> 00:15:50,280 Speaker 1: to be? Art? Where would we be? First of all, 282 00:15:50,280 --> 00:15:53,560 Speaker 1: thanks for coming on a second, where would we be 283 00:15:54,320 --> 00:15:57,840 Speaker 1: if the Democrats had been able to pass their build 284 00:15:57,840 --> 00:16:02,960 Speaker 1: back Better multi trip million dollar expenditures in terms of 285 00:16:03,000 --> 00:16:06,440 Speaker 1: inflation in your mind, and we're at nine point one 286 00:16:06,520 --> 00:16:08,760 Speaker 1: percent right now, do you think that inflation is going 287 00:16:08,800 --> 00:16:11,000 Speaker 1: to get worse? How much worse do you think it 288 00:16:11,080 --> 00:16:13,760 Speaker 1: might have been if Biden had gotten his way and 289 00:16:13,880 --> 00:16:17,320 Speaker 1: been able to get build back better past? Well, first place, 290 00:16:17,360 --> 00:16:18,840 Speaker 1: I do think it's going to look get worse, and 291 00:16:18,880 --> 00:16:20,720 Speaker 1: I think it's going to get a good deal worse. 292 00:16:21,000 --> 00:16:23,640 Speaker 1: How much worse, because it's pretty bad right now. So 293 00:16:23,880 --> 00:16:25,840 Speaker 1: but you say it's going to get worse, Not really, 294 00:16:26,000 --> 00:16:28,120 Speaker 1: I mean, you know the next three numbers if you 295 00:16:28,200 --> 00:16:30,360 Speaker 1: look at let me do inflation with you for a 296 00:16:30,400 --> 00:16:34,400 Speaker 1: second first, just to see it. Inflation is the percent 297 00:16:34,480 --> 00:16:37,760 Speaker 1: change in the consumer prices from a year ago. So 298 00:16:37,800 --> 00:16:42,120 Speaker 1: it's an annual change in the percentage change in the 299 00:16:42,160 --> 00:16:45,640 Speaker 1: CPI Consumer Price Index. Now, every month we get a 300 00:16:45,640 --> 00:16:48,800 Speaker 1: new number, which means we drop off one months a 301 00:16:48,880 --> 00:16:51,400 Speaker 1: year ago and we had a new month on now. 302 00:16:52,320 --> 00:16:55,400 Speaker 1: The numbers we have been dropping off over the last 303 00:16:55,480 --> 00:16:59,200 Speaker 1: four months have been very, very large numbers, which means 304 00:16:59,240 --> 00:17:02,200 Speaker 1: that the new numbers have even been larger. For that 305 00:17:02,320 --> 00:17:05,080 Speaker 1: is thing to increase it's really amazing. I would have 306 00:17:05,119 --> 00:17:08,080 Speaker 1: thought the inflation rate would have dropped now the next 307 00:17:08,119 --> 00:17:11,640 Speaker 1: three months. The numbers dropped off are really small, are 308 00:17:11,840 --> 00:17:15,040 Speaker 1: very very small. So even modest numbers on inflation are 309 00:17:15,040 --> 00:17:17,600 Speaker 1: going to pop us up over ten percent in the 310 00:17:17,640 --> 00:17:20,040 Speaker 1: next three months. So coming into the election, I would 311 00:17:20,040 --> 00:17:23,720 Speaker 1: expect inflation numbers to be above ten percent. Speaking of 312 00:17:23,840 --> 00:17:28,359 Speaker 1: Art Laugher, former Reagan economic advisor, Art, I've got a 313 00:17:28,400 --> 00:17:30,959 Speaker 1: question that I keep posing to people, and I hear 314 00:17:31,000 --> 00:17:33,480 Speaker 1: all these different explanations. I really wanted to hear this 315 00:17:33,560 --> 00:17:36,960 Speaker 1: from you, because one thing the Biden White House talks 316 00:17:36,960 --> 00:17:40,520 Speaker 1: about a lot. They'll say, the unemployment rate is so low, 317 00:17:40,680 --> 00:17:42,760 Speaker 1: so things are good. You just don't know it. Yeah, 318 00:17:42,880 --> 00:17:44,879 Speaker 1: gas is expensive, and so is your food, and so 319 00:17:44,960 --> 00:17:48,040 Speaker 1: is everything else. That inflation is a problem, but look 320 00:17:48,080 --> 00:17:51,120 Speaker 1: at how good the unemployment rate is. That's one part 321 00:17:51,160 --> 00:17:54,679 Speaker 1: of this. But then even more specifically, I come across 322 00:17:54,840 --> 00:17:58,040 Speaker 1: businesses and have talked to business owners who keep saying 323 00:17:58,160 --> 00:18:02,720 Speaker 1: it's really hard to find people to take jobs and 324 00:18:02,840 --> 00:18:05,879 Speaker 1: restaurants and stores. This seems to be happening in different 325 00:18:06,000 --> 00:18:09,040 Speaker 1: parts of the country. Across the country, though, What is 326 00:18:09,119 --> 00:18:12,719 Speaker 1: going on there? Oh, really it's very very simple. I mean, 327 00:18:12,760 --> 00:18:16,080 Speaker 1: the unemployment rate is very very low. Yes, there are 328 00:18:16,240 --> 00:18:19,200 Speaker 1: very few people available to take jobs. There are lots 329 00:18:19,200 --> 00:18:21,520 Speaker 1: of job openings for a number of people. But one 330 00:18:21,560 --> 00:18:23,760 Speaker 1: other thing you have to add into that is the 331 00:18:23,800 --> 00:18:27,919 Speaker 1: employment rate is also very very low and others. The 332 00:18:27,920 --> 00:18:31,000 Speaker 1: employment rate has dropped huge amounts to where it's a 333 00:18:31,000 --> 00:18:34,159 Speaker 1: little over sixty two percent. All of this means is 334 00:18:34,200 --> 00:18:38,000 Speaker 1: one thing, Lots and lots and lots of potential workers 335 00:18:38,280 --> 00:18:41,600 Speaker 1: have left the labor force and are no longer included 336 00:18:41,640 --> 00:18:45,320 Speaker 1: in the employment rate and or the unemployment rate. So 337 00:18:45,560 --> 00:18:47,920 Speaker 1: what's happened is workers have just left the labor force 338 00:18:47,960 --> 00:18:50,280 Speaker 1: because they were given enough money to not have to 339 00:18:50,320 --> 00:18:52,800 Speaker 1: go back to their jobs that they didn't like. So 340 00:18:52,840 --> 00:18:57,320 Speaker 1: we have a huge reduction in total employment, reduction in 341 00:18:57,359 --> 00:19:01,240 Speaker 1: the number of unemployed, and also a lot of what's 342 00:19:01,480 --> 00:19:03,679 Speaker 1: what's you said, sixty two percent? What would be the 343 00:19:03,720 --> 00:19:06,800 Speaker 1: standard number? Well, let's say back to Clinton, it was 344 00:19:06,840 --> 00:19:11,320 Speaker 1: sixty eight sixty nine percent. Gotcha, Now that's seven times 345 00:19:12,280 --> 00:19:15,040 Speaker 1: that's a seven times one million, a half million, six 346 00:19:15,119 --> 00:19:17,920 Speaker 1: I'm one hundred and sixty sixty millions something like that. 347 00:19:18,320 --> 00:19:21,200 Speaker 1: So you're talking eleven twelve million people have left the 348 00:19:21,280 --> 00:19:26,040 Speaker 1: labor for us. Wow, lot of people. You have been 349 00:19:26,080 --> 00:19:30,200 Speaker 1: talking about the impact that COVID had in our response 350 00:19:30,240 --> 00:19:31,600 Speaker 1: to it for a while, So I want to kind 351 00:19:31,600 --> 00:19:34,320 Speaker 1: of give you a two parter here. One, going back 352 00:19:34,359 --> 00:19:37,159 Speaker 1: to the question build Back Better passes, you say you 353 00:19:37,160 --> 00:19:38,840 Speaker 1: think we're going to be over ten percent in the 354 00:19:38,840 --> 00:19:41,320 Speaker 1: next three months running into the election. What do you 355 00:19:41,359 --> 00:19:43,800 Speaker 1: think it would have been if Biden had gotten his 356 00:19:43,840 --> 00:19:46,800 Speaker 1: economic agenda in place? And as you now have a 357 00:19:46,840 --> 00:19:49,080 Speaker 1: couple of years of data to look back over how 358 00:19:49,080 --> 00:19:52,240 Speaker 1: we responded to COVID Building off of that, how much 359 00:19:52,240 --> 00:19:55,639 Speaker 1: of a disaster from a pure economic perspective were the 360 00:19:55,640 --> 00:19:59,560 Speaker 1: policies that we embraced associated with COVID. But let me 361 00:19:59,600 --> 00:20:02,240 Speaker 1: just say number one, if the Buildback Better had passed, 362 00:20:02,720 --> 00:20:04,720 Speaker 1: depending on how they rolled it out, we would have 363 00:20:04,760 --> 00:20:08,080 Speaker 1: a lot higher inflation rate, a lot higher debt to 364 00:20:08,160 --> 00:20:10,880 Speaker 1: GDP ratio, and the economy would be in a lot 365 00:20:10,920 --> 00:20:14,560 Speaker 1: worse shape than it is now. That's number one. There 366 00:20:14,560 --> 00:20:18,679 Speaker 1: would be a lot less people working, either employment or unemployment. 367 00:20:18,720 --> 00:20:21,840 Speaker 1: It would have been a major reduction and output and 368 00:20:22,119 --> 00:20:24,760 Speaker 1: also a major increase in the rate of inflation. That's 369 00:20:24,840 --> 00:20:27,240 Speaker 1: what would have happened if we had build back better 370 00:20:27,280 --> 00:20:29,440 Speaker 1: and it would have been rolled out over a longer 371 00:20:29,480 --> 00:20:32,600 Speaker 1: period of time, so this would continue for several years 372 00:20:32,600 --> 00:20:35,960 Speaker 1: from now. That's true. Now. The COVID thing, the one 373 00:20:36,080 --> 00:20:38,679 Speaker 1: thing I liked on COVID, and I I as you 374 00:20:38,720 --> 00:20:40,320 Speaker 1: probably know, I spent a lot of time with the 375 00:20:40,320 --> 00:20:43,359 Speaker 1: President on COVID, and he did. One thing that was 376 00:20:43,440 --> 00:20:48,119 Speaker 1: amazing was the developing a development of the vaccine. His 377 00:20:51,160 --> 00:20:54,720 Speaker 1: efforts to get that vaccine were wonderful. He spared no 378 00:20:54,800 --> 00:20:57,480 Speaker 1: expense and we got a vaccine in less than a year, 379 00:20:57,880 --> 00:20:59,919 Speaker 1: which is just unheard of. It was the most amazing. 380 00:21:00,359 --> 00:21:04,040 Speaker 1: Everything else on COVID should not have been done. You know, 381 00:21:04,680 --> 00:21:08,120 Speaker 1: it's a tragedy COVID. It's everyone got hurt. But any 382 00:21:08,200 --> 00:21:11,520 Speaker 1: of this trying to alleviate the pain by redistributing income 383 00:21:11,880 --> 00:21:15,080 Speaker 1: makes no sense whatsoever. All Right. I like to try 384 00:21:15,080 --> 00:21:19,120 Speaker 1: to focus on the optimistic side of things if I can, 385 00:21:19,280 --> 00:21:21,960 Speaker 1: But it's hard to be optimistic about where this economy 386 00:21:22,160 --> 00:21:25,680 Speaker 1: seems to be going, especially given the people who are 387 00:21:25,680 --> 00:21:28,400 Speaker 1: pulling the levers, whether it's at the White House, Treasury, 388 00:21:28,520 --> 00:21:32,520 Speaker 1: and the Fed. What does it look like if things 389 00:21:32,600 --> 00:21:35,560 Speaker 1: get If you said we're intercession. I've claimed I've been 390 00:21:35,560 --> 00:21:38,240 Speaker 1: saying that for months, just because it's pretty apparent everybody 391 00:21:38,280 --> 00:21:41,000 Speaker 1: paying attention or already in a recession. But it could 392 00:21:41,040 --> 00:21:43,200 Speaker 1: be six months, it could be three or four years, 393 00:21:43,280 --> 00:21:45,480 Speaker 1: right for us to actually turn this thing around. Some 394 00:21:45,600 --> 00:21:48,160 Speaker 1: of these some of these last a long time. I mean, 395 00:21:48,800 --> 00:21:51,520 Speaker 1: the stock market in February of sixty six was at 396 00:21:51,520 --> 00:21:55,359 Speaker 1: a thousand, and inflation adjusted, in August of nineteen eighty 397 00:21:55,359 --> 00:21:58,800 Speaker 1: two it was at two thirty five. So the value 398 00:21:58,800 --> 00:22:01,680 Speaker 1: of the stock market in real terms followed by seventy 399 00:22:01,680 --> 00:22:03,880 Speaker 1: six and a half percent in sixteen and a half years. 400 00:22:04,040 --> 00:22:07,439 Speaker 1: That's a bear market. And you know, those things are 401 00:22:07,520 --> 00:22:10,920 Speaker 1: not impossible. And we have worse government today than we've 402 00:22:10,920 --> 00:22:13,119 Speaker 1: ever had. So what does it look like though, if 403 00:22:13,119 --> 00:22:15,760 Speaker 1: you're looking for indicators for the for the folks out 404 00:22:15,760 --> 00:22:19,320 Speaker 1: there that not only we having this inflation and you're 405 00:22:19,400 --> 00:22:22,520 Speaker 1: you know, you explained why the job's numbers aren't really 406 00:22:22,560 --> 00:22:24,960 Speaker 1: reflective of the health of the economy. Right now, what 407 00:22:25,400 --> 00:22:27,240 Speaker 1: do you see on the front page of the Wall 408 00:22:27,240 --> 00:22:30,000 Speaker 1: Street Journal or or you know, popping up on CNBC 409 00:22:30,119 --> 00:22:33,280 Speaker 1: and you go, oh, this is going to get ugly. Yeah, well, 410 00:22:33,359 --> 00:22:34,920 Speaker 1: let let me just tell you what I look at 411 00:22:34,920 --> 00:22:37,359 Speaker 1: and why I'm why I can be a little optimistic. 412 00:22:37,480 --> 00:22:40,560 Speaker 1: I don't like to be optimistic or pessimistic, Buck, I 413 00:22:40,680 --> 00:22:44,359 Speaker 1: like to really be realistic. Tax rates are low, the 414 00:22:44,440 --> 00:22:46,840 Speaker 1: thirty seven percent. These guys were not able to roll 415 00:22:46,880 --> 00:22:49,960 Speaker 1: back the Trump tax cuts all of that, which means 416 00:22:50,320 --> 00:22:54,000 Speaker 1: that the economy could really do a lot better than 417 00:22:54,040 --> 00:22:56,159 Speaker 1: it would have done let's say, during the seventies and 418 00:22:56,640 --> 00:23:01,880 Speaker 1: and sixties, late sixties. So I'm much more optimistic because 419 00:23:01,880 --> 00:23:03,760 Speaker 1: of tax rates. We never went back up to the 420 00:23:03,840 --> 00:23:07,480 Speaker 1: seventy ninety percent tax rates, and that's a big blessing. 421 00:23:08,240 --> 00:23:10,840 Speaker 1: We have a huge debt overload, which makes it much 422 00:23:11,000 --> 00:23:13,959 Speaker 1: lot worse than it was back then. So here we 423 00:23:14,000 --> 00:23:16,600 Speaker 1: are in a world where we have a lot of 424 00:23:16,640 --> 00:23:19,400 Speaker 1: conflicting things. But my view is I think the economy 425 00:23:19,480 --> 00:23:22,119 Speaker 1: is in rough shape. Unless we win the elections in 426 00:23:22,160 --> 00:23:25,480 Speaker 1: November and then win them again in November of twenty four, 427 00:23:26,040 --> 00:23:29,440 Speaker 1: we really need to change policies, change direction, and change 428 00:23:29,440 --> 00:23:35,359 Speaker 1: the incentive structure dramatically. Art You're way smarter obviously than 429 00:23:35,480 --> 00:23:38,639 Speaker 1: either Buck or I in analyzing the economic situation. And 430 00:23:38,640 --> 00:23:41,400 Speaker 1: Buck and I have been talking off air and I'm 431 00:23:41,400 --> 00:23:43,320 Speaker 1: curious if you could explain it to me in a 432 00:23:43,359 --> 00:23:46,120 Speaker 1: way that our audience can understand and I can understand. 433 00:23:46,760 --> 00:23:49,640 Speaker 1: Despite the fact that our economy certainly appears to be 434 00:23:49,720 --> 00:23:54,960 Speaker 1: in a very challenging time, the dollar has been skyrocketing 435 00:23:55,000 --> 00:23:59,600 Speaker 1: and value against virtually every other other global currency out 436 00:23:59,640 --> 00:24:03,040 Speaker 1: there recently achieved parity with the Euro, which hadn't happened 437 00:24:03,080 --> 00:24:06,360 Speaker 1: in roughly twenty years. What is going on that we're 438 00:24:06,400 --> 00:24:09,600 Speaker 1: seeing a flight into the dollar such that the dollar 439 00:24:09,840 --> 00:24:14,440 Speaker 1: is increasing in value against virtually every currency around the world. Yeah, 440 00:24:14,520 --> 00:24:16,879 Speaker 1: there's three measures of the value of a dollar. You 441 00:24:16,880 --> 00:24:19,600 Speaker 1: can measure it in terms of eggs, you can measure 442 00:24:19,600 --> 00:24:22,000 Speaker 1: it in terms of shoes. You can measure it in 443 00:24:22,080 --> 00:24:24,639 Speaker 1: terms of gold. You can measure it in terms of 444 00:24:24,640 --> 00:24:27,280 Speaker 1: foreign exchange, or you can measure it in terms of 445 00:24:27,280 --> 00:24:30,119 Speaker 1: goods and services. The dollar is very strong relative to 446 00:24:30,160 --> 00:24:33,800 Speaker 1: the other really really bad currencies. The dollar has even 447 00:24:33,840 --> 00:24:37,480 Speaker 1: improved relative to goals, but relative to goods and services 448 00:24:37,520 --> 00:24:41,640 Speaker 1: of dollars in terrible shape, you know, being very short myself. 449 00:24:42,880 --> 00:24:45,440 Speaker 1: The way I like to say it is, you know, 450 00:24:45,520 --> 00:24:49,359 Speaker 1: the dollars is the tallest midget in the group, and 451 00:24:49,920 --> 00:24:53,320 Speaker 1: you know, all currencies worldwide are and really bad shape, 452 00:24:53,600 --> 00:24:55,359 Speaker 1: and the dollar is just in the least bad of 453 00:24:55,400 --> 00:24:57,720 Speaker 1: those words. What if you could get the Biden administration 454 00:24:57,760 --> 00:25:00,480 Speaker 1: back to your back to your your realism tinged with 455 00:25:00,520 --> 00:25:03,680 Speaker 1: optimistm Perhaps we're speaking of art laugh for everybody. The 456 00:25:03,760 --> 00:25:07,919 Speaker 1: legendary economist, Reagan's advisor on the economy, advised Trump on 457 00:25:07,960 --> 00:25:10,760 Speaker 1: the economy during COVID art. If you could, if you 458 00:25:10,760 --> 00:25:12,960 Speaker 1: could get let's just assume him for a second. You know, 459 00:25:13,040 --> 00:25:15,200 Speaker 1: we're doing a talk show here. You could sit down 460 00:25:15,240 --> 00:25:18,960 Speaker 1: with Biden after the midterms, after the utter butt kicking 461 00:25:19,040 --> 00:25:22,200 Speaker 1: that we hope and believe is coming in the Congress 462 00:25:22,200 --> 00:25:25,280 Speaker 1: for the Democrats. And Biden was willing to listen to 463 00:25:25,320 --> 00:25:27,639 Speaker 1: you on a thing or two. Right, He's not going 464 00:25:27,680 --> 00:25:30,000 Speaker 1: to do everything, but on a thing or two. What 465 00:25:30,040 --> 00:25:33,160 Speaker 1: would you say, Please just do this because you will 466 00:25:33,160 --> 00:25:36,320 Speaker 1: see the benefits for the American people. Well, let me 467 00:25:36,359 --> 00:25:38,639 Speaker 1: start up by saying, how do you reduce the price 468 00:25:38,680 --> 00:25:42,080 Speaker 1: of apples? If you look at the marketplace and apples, 469 00:25:42,080 --> 00:25:44,560 Speaker 1: and how do we get apple prices to fall? Well, 470 00:25:44,600 --> 00:25:47,800 Speaker 1: there are two ways you can get apple prices to fall. One, 471 00:25:47,880 --> 00:25:50,680 Speaker 1: you can get people to demand less apples, and if 472 00:25:50,680 --> 00:25:53,160 Speaker 1: there's less demand for apples, the price of apples will 473 00:25:53,200 --> 00:25:56,520 Speaker 1: fall as we move downward along the supply curview with me, yes, sir, 474 00:25:57,280 --> 00:25:59,640 Speaker 1: there's another way of making the price of apples to fall, 475 00:25:59,680 --> 00:26:01,480 Speaker 1: as to have a bumper crop and apples, to have 476 00:26:01,480 --> 00:26:04,400 Speaker 1: a huge increase in the supply of apples, and then 477 00:26:04,400 --> 00:26:06,640 Speaker 1: we move down along the demand curve and the price 478 00:26:06,680 --> 00:26:09,840 Speaker 1: of apples falls. One way is to crush demand. The 479 00:26:09,920 --> 00:26:14,000 Speaker 1: other way is to enhance supply. My view is, as 480 00:26:14,000 --> 00:26:17,600 Speaker 1: opposed Larry Summers in these other Kenesian economists, is I 481 00:26:17,720 --> 00:26:21,119 Speaker 1: like to see us reduce inflation by increasing the supply 482 00:26:21,200 --> 00:26:24,840 Speaker 1: of goods and services, which would naturally help bring down 483 00:26:25,160 --> 00:26:28,879 Speaker 1: the price of goods and services. That's number one. Number 484 00:26:28,880 --> 00:26:32,080 Speaker 1: two the currency you need to have a tight money policy. 485 00:26:32,720 --> 00:26:36,760 Speaker 1: Inflation is basically too much money chasing too few goods. 486 00:26:36,800 --> 00:26:39,119 Speaker 1: As I said, I'd like to increase the supply of 487 00:26:39,200 --> 00:26:42,159 Speaker 1: goods to make it more goods, and also to reduce 488 00:26:42,200 --> 00:26:44,000 Speaker 1: the supply of money or to make the demand for 489 00:26:44,080 --> 00:26:46,879 Speaker 1: money there, which means you have to stop trying to 490 00:26:46,920 --> 00:26:49,320 Speaker 1: control interest rates and let interest rates seat their own 491 00:26:49,400 --> 00:26:52,920 Speaker 1: level in the marketplace. I mean, with inflation running a 492 00:26:53,040 --> 00:26:56,800 Speaker 1: nine point one percent. How in the heck, Clay, how 493 00:26:56,840 --> 00:26:59,240 Speaker 1: in the heck is it possible that we have a 494 00:26:59,280 --> 00:27:02,520 Speaker 1: ten year bond yield of around three percent? Would you 495 00:27:02,600 --> 00:27:05,679 Speaker 1: buy a government bond today for ten years the yield 496 00:27:05,880 --> 00:27:09,200 Speaker 1: at three percent with your money? No, that's one of 497 00:27:09,240 --> 00:27:12,040 Speaker 1: the questions that I that we both have in general 498 00:27:12,080 --> 00:27:13,840 Speaker 1: about the way the mortgage rates are going. And that 499 00:27:13,960 --> 00:27:17,760 Speaker 1: leads me Art And you're awesome on all this stuff, 500 00:27:17,800 --> 00:27:20,399 Speaker 1: by the way, that even people who are not a 501 00:27:20,480 --> 00:27:24,320 Speaker 1: Nobel Prize winning economists can understand. Basically, as you work 502 00:27:24,400 --> 00:27:27,439 Speaker 1: through here, we're at nine point one percent inflation. You 503 00:27:27,560 --> 00:27:30,800 Speaker 1: think we're going over ten percent by the mid terms? Oh, 504 00:27:30,920 --> 00:27:33,000 Speaker 1: you know, there is nothing I see that's going to 505 00:27:33,040 --> 00:27:36,639 Speaker 1: stop inflation anytime soon. That was my question for everybody 506 00:27:36,640 --> 00:27:38,920 Speaker 1: out there right now that is dealing with the ravages 507 00:27:38,960 --> 00:27:42,240 Speaker 1: of inflation. Now, how long is it going to be 508 00:27:42,440 --> 00:27:45,439 Speaker 1: told there's some normalcy in terms of an inflation to 509 00:27:45,520 --> 00:27:47,480 Speaker 1: what the Fed does. If the Fed let's interest rates 510 00:27:47,480 --> 00:27:51,359 Speaker 1: stay below the rate of inflation, you could last forever. Yeah, 511 00:27:51,359 --> 00:27:53,960 Speaker 1: if they keep printing more money. Now, when you look 512 00:27:54,000 --> 00:27:56,280 Speaker 1: at it, M one, the money supply is a share 513 00:27:56,280 --> 00:28:01,479 Speaker 1: of GDP has increased fourfold in the last two three years. Hello, 514 00:28:02,320 --> 00:28:04,400 Speaker 1: you've got a huge increase in the quantity of money 515 00:28:04,400 --> 00:28:08,720 Speaker 1: in liquidity and there's no controls there, and you're constricting 516 00:28:08,720 --> 00:28:11,480 Speaker 1: the supply of goods and services. You know, it makes 517 00:28:11,520 --> 00:28:15,400 Speaker 1: no sense whatsoever if those policies are continued. You could 518 00:28:15,440 --> 00:28:17,880 Speaker 1: just see that inflation going on and on and on. Now. 519 00:28:18,080 --> 00:28:21,040 Speaker 1: I lived through the seventies and the eighties, and we 520 00:28:21,119 --> 00:28:23,640 Speaker 1: had two sets of policies that brought it under control. 521 00:28:24,080 --> 00:28:26,600 Speaker 1: Paul Boker allowed interest rates to rise. I think the 522 00:28:27,280 --> 00:28:30,399 Speaker 1: interest rates were at fifteen sixteen seventeen percent when the 523 00:28:30,440 --> 00:28:33,639 Speaker 1: inflation rate was in the low teams, and that really 524 00:28:33,680 --> 00:28:36,359 Speaker 1: made it tight money. Then we had the tax cuts 525 00:28:36,359 --> 00:28:38,720 Speaker 1: which increased the supply of goods and service under Reagan. 526 00:28:38,880 --> 00:28:41,240 Speaker 1: And if you look at that inflation, it felt like 527 00:28:41,280 --> 00:28:45,640 Speaker 1: a stone. It just came straight down. And that's exactly 528 00:28:45,640 --> 00:28:47,680 Speaker 1: what we have to do now. But you know, there 529 00:28:47,760 --> 00:28:50,280 Speaker 1: is no talent on the Federal Reserve Board today. They're 530 00:28:50,280 --> 00:28:53,840 Speaker 1: picked for all sorts of characteristics other than being competent 531 00:28:53,960 --> 00:28:56,960 Speaker 1: in FED policy, and I can't see them having the 532 00:28:57,240 --> 00:28:59,680 Speaker 1: wherewithal to even the knowledge to be able to choose 533 00:28:59,680 --> 00:29:03,840 Speaker 1: a good answer. They just don't know. These are not professionals. 534 00:29:04,000 --> 00:29:06,960 Speaker 1: This is not Paul Bulker, it's not Alan Greenspan, it's 535 00:29:07,000 --> 00:29:10,160 Speaker 1: not Arthur Burns, it's not mcchesley Martin. These are people 536 00:29:10,240 --> 00:29:12,640 Speaker 1: selected because of their gender or whatever it may be, 537 00:29:13,560 --> 00:29:15,960 Speaker 1: and they are running something very serious and they don't 538 00:29:16,000 --> 00:29:18,760 Speaker 1: have the wherewithal to do it. Our laugh for everybody. Clay, 539 00:29:18,800 --> 00:29:21,640 Speaker 1: I'm gonna cofee your notes after class today. Okay, yeah, 540 00:29:21,280 --> 00:29:23,960 Speaker 1: I'm not kid. This is amazing that. First of all, 541 00:29:24,000 --> 00:29:27,520 Speaker 1: thank you for the time and my pleasure. I hope 542 00:29:27,520 --> 00:29:30,320 Speaker 1: people enjoyed this as much as Buckeye did, because it 543 00:29:30,360 --> 00:29:32,160 Speaker 1: does feel like you get to sit with a like 544 00:29:32,200 --> 00:29:34,000 Speaker 1: you're an economics class. I think I got to go 545 00:29:34,040 --> 00:29:38,080 Speaker 1: home for that and study though, like do some homework. Oh, 546 00:29:38,080 --> 00:29:43,000 Speaker 1: he's awesome. Look, we gotta tell you cyber criminals have 547 00:29:43,080 --> 00:29:47,000 Speaker 1: been taken advantage of so much of your information out there, 548 00:29:47,280 --> 00:29:50,160 Speaker 1: whether it's your private medical information, whether it is your 549 00:29:50,200 --> 00:29:53,680 Speaker 1: credit card data. It's all out there. And how often 550 00:29:53,800 --> 00:29:57,960 Speaker 1: are you seeing all of these different companies announcing that 551 00:29:58,080 --> 00:30:01,080 Speaker 1: all of their all of their infra nation has leaked 552 00:30:01,120 --> 00:30:04,040 Speaker 1: and it's out on the internet. It's important to understand 553 00:30:04,040 --> 00:30:07,960 Speaker 1: how cybercrime and identity theft are affecting our lives. Your 554 00:30:08,000 --> 00:30:11,120 Speaker 1: information is out there all the time, which is why 555 00:30:11,160 --> 00:30:16,800 Speaker 1: you need Norton LifeLock. While LifeLock can't guarantee that your 556 00:30:18,080 --> 00:30:20,680 Speaker 1: identity is not going to be stolen, nobody can, but 557 00:30:20,840 --> 00:30:24,960 Speaker 1: they can monitor all of your transactions at all businesses 558 00:30:25,000 --> 00:30:28,960 Speaker 1: and help you if something arises. They've got specialists that 559 00:30:29,000 --> 00:30:32,640 Speaker 1: can fix it and they can help to protect you 560 00:30:33,000 --> 00:30:37,760 Speaker 1: with their great opportunity at LifeLock. Identity theft starts here. 561 00:30:37,960 --> 00:30:41,560 Speaker 1: Join now save up to twenty five percent off your 562 00:30:41,600 --> 00:30:46,080 Speaker 1: first year with promo code Clay. Go online right now 563 00:30:46,160 --> 00:30:49,600 Speaker 1: to LifeLock dot com. You can also call one eight 564 00:30:49,680 --> 00:30:54,240 Speaker 1: hundred LifeLock. Remember that promo code clay cla why for 565 00:30:54,360 --> 00:30:59,320 Speaker 1: twenty five percent? Welcome back into the clan Buck Show. 566 00:31:00,040 --> 00:31:02,920 Speaker 1: We just had a great conversation with Art Laugher. If 567 00:31:02,920 --> 00:31:04,840 Speaker 1: you missed it, you want to know what's going on 568 00:31:04,920 --> 00:31:08,880 Speaker 1: the economy. Make sure you have your your notebook out, 569 00:31:08,920 --> 00:31:13,280 Speaker 1: your number two pencils, and perhaps a protractor, one of 570 00:31:13,280 --> 00:31:16,200 Speaker 1: those graphic calculators they made us all buy back in 571 00:31:16,720 --> 00:31:19,560 Speaker 1: in you know, high school or junior high or whenever 572 00:31:19,600 --> 00:31:21,080 Speaker 1: you had the graphic guy. I think it was high 573 00:31:21,120 --> 00:31:24,200 Speaker 1: school graphic calculators Texas Instruments. I remember that. Oh yeah, 574 00:31:24,200 --> 00:31:26,600 Speaker 1: I remember that. I hated. I hated the graphic were 575 00:31:26,720 --> 00:31:30,200 Speaker 1: to Oh man, No good. Anyway, get all that stuff ready, 576 00:31:30,200 --> 00:31:32,480 Speaker 1: but you'll learn a lot. The podcast The Clan Buck 577 00:31:32,520 --> 00:31:34,479 Speaker 1: shows that. I'm telling you to go check out and 578 00:31:34,520 --> 00:31:37,160 Speaker 1: subscribe to it. Please. Iheartapp a great place to do it, 579 00:31:37,400 --> 00:31:41,200 Speaker 1: Apple Podcast Store. Listen to it wherever you like, but 580 00:31:41,240 --> 00:31:43,200 Speaker 1: it's put up hour by hours so you can listen 581 00:31:43,560 --> 00:31:48,000 Speaker 1: also to a best of and there you go. Uh. Now, 582 00:31:48,760 --> 00:31:52,760 Speaker 1: we have a couple of things. One is the that 583 00:31:52,760 --> 00:31:56,440 Speaker 1: that shooting that was stopped in progress at the mall 584 00:31:56,560 --> 00:32:02,840 Speaker 1: in Indiana by Elisha dicken twenty two years old. The 585 00:32:03,120 --> 00:32:05,920 Speaker 1: reports were that he was forty yards away with a 586 00:32:06,000 --> 00:32:09,360 Speaker 1: pistol and put eight of ten rounds on target hit 587 00:32:09,400 --> 00:32:13,240 Speaker 1: the mass shooter, who would would have been somebody that 588 00:32:13,640 --> 00:32:17,840 Speaker 1: likely killed dozens of people in this mall. Elisha Dickon 589 00:32:18,640 --> 00:32:22,440 Speaker 1: pulled out his side arm or his firearm, i should say, 590 00:32:22,800 --> 00:32:25,960 Speaker 1: and hit him with eight out of ten rounds. The 591 00:32:26,040 --> 00:32:28,840 Speaker 1: word hero is the first thing for any normal person 592 00:32:28,880 --> 00:32:31,360 Speaker 1: that comes to mind. It has just been fact for 593 00:32:31,440 --> 00:32:35,440 Speaker 1: Elishah Dicken. Just been fascinating to see how CNN, for example, 594 00:32:35,480 --> 00:32:39,840 Speaker 1: writes about him, and had tip my friend Mike Ernovich 595 00:32:40,040 --> 00:32:44,160 Speaker 1: on this one. What we know about the armed bystander 596 00:32:44,240 --> 00:32:48,480 Speaker 1: who killed the shooter at an Indiana mall. No, they 597 00:32:48,560 --> 00:32:50,800 Speaker 1: do only use the word hero There's no sense of, 598 00:32:51,160 --> 00:32:53,360 Speaker 1: oh my gosh, what this guy did is amazing. Keep 599 00:32:53,360 --> 00:32:55,680 Speaker 1: in mind, folks, even if you're the good guy in 600 00:32:55,720 --> 00:32:59,680 Speaker 1: the situation, you know, you draw your pistol, you miss, 601 00:33:00,160 --> 00:33:02,320 Speaker 1: and you might hit somebody. And you know, this is 602 00:33:02,320 --> 00:33:04,280 Speaker 1: a tough situation. You're in a crowded place, you're in 603 00:33:04,320 --> 00:33:06,120 Speaker 1: a mall. You might hit somebody. You have to deal 604 00:33:06,120 --> 00:33:08,440 Speaker 1: with those consequences. Even if you were to hit the shooter, 605 00:33:08,480 --> 00:33:11,040 Speaker 1: you might hit somebody behind him. That did not happen. Here, 606 00:33:11,560 --> 00:33:14,080 Speaker 1: You're going up against somebody who's got a rifle clay 607 00:33:14,120 --> 00:33:16,560 Speaker 1: at this range. Guess what the rifle is gonna be 608 00:33:17,480 --> 00:33:19,120 Speaker 1: much more you know, it's gonna be a much more 609 00:33:19,120 --> 00:33:21,440 Speaker 1: potent in close quarters combat than the pistol will be. 610 00:33:21,680 --> 00:33:23,320 Speaker 1: You're going up again. You know, he could have died 611 00:33:24,160 --> 00:33:28,600 Speaker 1: doing this heroic act. Instead, he absolutely nailed it and 612 00:33:28,720 --> 00:33:32,280 Speaker 1: saved lives and CNN's like, yeah, I guess that's a 613 00:33:32,320 --> 00:33:36,840 Speaker 1: good thing. Arm bystander. Buck, he took the guy out 614 00:33:36,880 --> 00:33:41,360 Speaker 1: in fifteen seconds. Fifteen seconds, for fifteen seconds from the 615 00:33:41,360 --> 00:33:44,120 Speaker 1: start of the shooting. Yes, that's what I'm saying. Yeah, 616 00:33:44,160 --> 00:33:46,560 Speaker 1: he think about just think about the last time you 617 00:33:46,600 --> 00:33:50,400 Speaker 1: were in a mall food court. I'm not sure that 618 00:33:50,440 --> 00:33:54,200 Speaker 1: I could react in fifteen seconds to one of my 619 00:33:54,320 --> 00:33:57,440 Speaker 1: kids knocking over the Chick fil a right and like 620 00:33:57,800 --> 00:34:00,440 Speaker 1: get it, get it, reacted to to clean up. This 621 00:34:00,440 --> 00:34:03,280 Speaker 1: guy is just there with his girlfriend. He's twenty two 622 00:34:03,360 --> 00:34:05,920 Speaker 1: years old. So far as I have seen, Buck, He's 623 00:34:05,920 --> 00:34:08,399 Speaker 1: never been in the military. He's not like he's had 624 00:34:08,520 --> 00:34:11,960 Speaker 1: special ops training or something. He is the definition of 625 00:34:11,960 --> 00:34:15,120 Speaker 1: a good guy with a gun within fifteen seconds of 626 00:34:15,160 --> 00:34:19,640 Speaker 1: that shooter. And I will say, Buck, it seems to 627 00:34:19,680 --> 00:34:24,120 Speaker 1: me that there's becoming less attention paid to mass shooters. 628 00:34:24,800 --> 00:34:27,840 Speaker 1: I have barely seen anything about this mass shooter in 629 00:34:27,960 --> 00:34:31,400 Speaker 1: terms of his background, in terms of his story. Fifteen seconds, 630 00:34:31,760 --> 00:34:34,479 Speaker 1: he hits him eight out of ten times and ends 631 00:34:34,560 --> 00:34:38,600 Speaker 1: the situation in a food court. It's it's a remarkable story. 632 00:34:39,560 --> 00:34:42,480 Speaker 1: My favorite of of the worst of these sort of 633 00:34:42,520 --> 00:34:45,959 Speaker 1: headlines from to Be fair, and we are always fair 634 00:34:46,000 --> 00:34:49,520 Speaker 1: and honest. Here. Okay, New York Times yesterday had after 635 00:34:49,560 --> 00:34:53,640 Speaker 1: indianamall shooting one hero. They use the h word, but 636 00:34:53,800 --> 00:34:57,120 Speaker 1: no lasting solution other than taking everyone's guns away, of course, 637 00:34:57,160 --> 00:34:58,960 Speaker 1: But the New York Times on the front page New 638 00:34:59,000 --> 00:35:01,680 Speaker 1: York Times yesterday, be fair. That is the right way 639 00:35:01,680 --> 00:35:04,080 Speaker 1: to approach, at least the description of this individual. He 640 00:35:04,320 --> 00:35:07,480 Speaker 1: is a hero. But I thought this is funny. BBC 641 00:35:07,960 --> 00:35:12,839 Speaker 1: armed hero in quotes stopped mass shooter. It's like, I 642 00:35:12,960 --> 00:35:16,200 Speaker 1: think you guys are safe given the facts of the 643 00:35:16,280 --> 00:35:19,400 Speaker 1: case in the declaration, but you know, the hero in quotes. 644 00:35:19,480 --> 00:35:21,160 Speaker 1: I think it was a pretty funny one. Well, they 645 00:35:21,239 --> 00:35:25,360 Speaker 1: used to remember not use the phrase liar in or 646 00:35:25,440 --> 00:35:29,000 Speaker 1: a lie in traditional media coverage. I'm not talking about 647 00:35:29,040 --> 00:35:31,719 Speaker 1: a column, I'm talking about a story. And then during 648 00:35:31,719 --> 00:35:34,560 Speaker 1: the Trump era they were like, the lies were so 649 00:35:34,640 --> 00:35:38,240 Speaker 1: overwhelming that we had to start saying in our traditional 650 00:35:38,360 --> 00:35:41,839 Speaker 1: news coverage. And so I think they're probably still trying 651 00:35:41,840 --> 00:35:44,239 Speaker 1: to hue to that by the hero is probably a 652 00:35:44,320 --> 00:35:48,920 Speaker 1: quote from the mayor or or the what the mayor 653 00:35:49,000 --> 00:35:51,360 Speaker 1: I think spoke and also the chief of police in 654 00:35:51,360 --> 00:35:54,960 Speaker 1: that community and called him a hero. Almost immediately. But 655 00:35:55,120 --> 00:35:56,800 Speaker 1: so on the one end, we had the story of 656 00:35:58,000 --> 00:36:00,759 Speaker 1: heroism from this individual and a man shooting. Three people 657 00:36:00,760 --> 00:36:02,520 Speaker 1: were killed in the shooting, but it would have been 658 00:36:02,560 --> 00:36:04,879 Speaker 1: a much higher death toll if he had not, if 659 00:36:04,920 --> 00:36:08,040 Speaker 1: Elishah Dickon had not stepped in. So the the biggest 660 00:36:08,080 --> 00:36:11,960 Speaker 1: of high fives, uh and uh and and praise for 661 00:36:12,080 --> 00:36:15,080 Speaker 1: Elishah dickens on the Elishah dicken On this one. Um. 662 00:36:15,239 --> 00:36:17,799 Speaker 1: But then there's there's the situation we mentioned yesterday of 663 00:36:18,440 --> 00:36:22,239 Speaker 1: Starbucks is closing stores all and I, you know, I 664 00:36:22,280 --> 00:36:24,239 Speaker 1: just I like the egg bites. I'm just gonna say it. 665 00:36:24,239 --> 00:36:28,600 Speaker 1: I'm an egg bite guy. I like those eggite Clay Travis, 666 00:36:28,640 --> 00:36:31,759 Speaker 1: this is madness. They're delicious, man, They're not a breakfast guy. 667 00:36:32,040 --> 00:36:34,080 Speaker 1: Is this a breakfast food? No, I eat at any 668 00:36:34,080 --> 00:36:37,200 Speaker 1: time of day because otherwise it's like pastries, and I 669 00:36:37,200 --> 00:36:39,600 Speaker 1: can't eat flour obviously unless I want to get really sick. 670 00:36:39,680 --> 00:36:41,440 Speaker 1: So the only thing I can usually eat is either 671 00:36:41,480 --> 00:36:43,200 Speaker 1: banana or an egg bite that I can get there. 672 00:36:43,600 --> 00:36:48,080 Speaker 1: But you know, Starbucks, really, you know, it's it was 673 00:36:48,400 --> 00:36:53,080 Speaker 1: the beginning of the nationwide coffee chain revolution. Became a 674 00:36:53,160 --> 00:36:58,680 Speaker 1: multi multi billion dollar business. One of the most recognizable brands, certainly, 675 00:36:58,760 --> 00:37:00,839 Speaker 1: I would say in the United States, right, and it's 676 00:37:00,880 --> 00:37:03,640 Speaker 1: now you know, you see Starbucks all over the world. 677 00:37:04,600 --> 00:37:07,839 Speaker 1: They've closed sixteen stores, which given how many stores they have, 678 00:37:07,880 --> 00:37:10,960 Speaker 1: may not sound like it's that big of a number. 679 00:37:11,360 --> 00:37:14,760 Speaker 1: But more are coming. And the reason for the stores 680 00:37:14,800 --> 00:37:17,520 Speaker 1: closing and the reality of those stores is yet another 681 00:37:17,520 --> 00:37:21,240 Speaker 1: indicator of Democrats are crazy when it comes to crime. 682 00:37:21,320 --> 00:37:24,080 Speaker 1: They're crazy on COVID, They're crazy on crime. Here's what 683 00:37:24,120 --> 00:37:27,400 Speaker 1: I mean. Howard Schultz, CEO of Starbucks, has said that 684 00:37:27,400 --> 00:37:32,000 Speaker 1: the sixteen stores they're closing, which are all in Seattle, 685 00:37:32,120 --> 00:37:36,759 Speaker 1: Los Angeles, Philadelphia, Portland, DC, what do those places have 686 00:37:36,880 --> 00:37:40,480 Speaker 1: in common? My friends, who's calling the shots in the 687 00:37:40,520 --> 00:37:45,120 Speaker 1: mayor's office, as police commissioner, as prosecutors. Oh we all know, 688 00:37:45,280 --> 00:37:49,640 Speaker 1: don't we? These are democrats cities blue deep blue enclaves. 689 00:37:50,040 --> 00:37:53,279 Speaker 1: More store closures are coming despite the fact that they 690 00:37:53,280 --> 00:37:57,359 Speaker 1: are profitable because of the assaults and the crime. This 691 00:37:57,520 --> 00:38:01,840 Speaker 1: is audio of the Starbucks CEO, Our Schultz, telling people 692 00:38:01,880 --> 00:38:04,440 Speaker 1: in the company that it is in fact crime that 693 00:38:04,560 --> 00:38:07,160 Speaker 1: is closing these stores. You all read the press release 694 00:38:07,360 --> 00:38:09,279 Speaker 1: the last couple of days about the fact that we 695 00:38:09,320 --> 00:38:13,759 Speaker 1: are beginning to close stores that are not unprofitable. It 696 00:38:13,800 --> 00:38:18,200 Speaker 1: has shocked me that one of the primary concerns that 697 00:38:18,280 --> 00:38:23,080 Speaker 1: our retail partners have is their own personal safety. And 698 00:38:23,120 --> 00:38:25,440 Speaker 1: then we heard the stories that go along with it 699 00:38:25,480 --> 00:38:29,040 Speaker 1: about what happens in our bathrooms, the issue of mental illness, 700 00:38:29,360 --> 00:38:32,759 Speaker 1: the issues of homelessness, and the issues of crime. And 701 00:38:32,880 --> 00:38:35,960 Speaker 1: Starbucks is a window into America. We have stores in 702 00:38:36,000 --> 00:38:39,120 Speaker 1: every community and we are facing things in which the 703 00:38:39,160 --> 00:38:42,400 Speaker 1: stories were not built for them. And so we're listening 704 00:38:42,480 --> 00:38:44,920 Speaker 1: to our people and closing stores. And this is just 705 00:38:45,040 --> 00:38:48,000 Speaker 1: the beginning. They are going to any more because Starbucks 706 00:38:48,080 --> 00:38:51,600 Speaker 1: is unsafe now Clay in these democrat cities. I wonder 707 00:38:51,680 --> 00:38:54,680 Speaker 1: what led to this. This is what happens when you 708 00:38:54,760 --> 00:39:02,120 Speaker 1: allow woke viral outrage on social media to change your 709 00:39:02,160 --> 00:39:05,600 Speaker 1: policies effectively overnight. And you'll remember that there were suddenly 710 00:39:05,640 --> 00:39:09,160 Speaker 1: a lot of complaints. It went viral. It was trending 711 00:39:09,880 --> 00:39:13,000 Speaker 1: around the fact that I believe the protocol used to 712 00:39:13,040 --> 00:39:17,520 Speaker 1: be buck that Starbucks bathrooms were only available for people 713 00:39:17,560 --> 00:39:22,719 Speaker 1: who were consumers of Starbucks products. And then they said, no, what, 714 00:39:22,840 --> 00:39:26,680 Speaker 1: anybody can use our bathrooms, and they effectively turned into 715 00:39:27,800 --> 00:39:30,680 Speaker 1: But why do they make that decision about anybody can 716 00:39:30,800 --> 00:39:32,839 Speaker 1: use not just but it's not just the bathrooms, Clay, 717 00:39:33,000 --> 00:39:34,759 Speaker 1: you can sit down at a Starbucks and not buying, 718 00:39:34,840 --> 00:39:36,640 Speaker 1: never have to buy anything. Why why do they make 719 00:39:36,680 --> 00:39:38,759 Speaker 1: that decision? We all remember this one. I think it 720 00:39:38,800 --> 00:39:40,480 Speaker 1: was because there were a couple of black guys sitting 721 00:39:40,480 --> 00:39:43,080 Speaker 1: there that supposedly got They said it was racist when 722 00:39:43,080 --> 00:39:44,719 Speaker 1: they were asked, why, you know, to leave if they 723 00:39:44,760 --> 00:39:48,040 Speaker 1: didn't buy something. So Starbucks an accused of racism by 724 00:39:48,040 --> 00:39:51,640 Speaker 1: two people who weren't buying anything. And then they changed 725 00:39:51,640 --> 00:39:54,839 Speaker 1: the policy nationwide. And at the same time we had 726 00:39:54,840 --> 00:39:57,680 Speaker 1: the rise of the BLM movement, progressive prosecutors, and ending 727 00:39:57,680 --> 00:40:01,200 Speaker 1: of mass incarceration where by police for are told, look, 728 00:40:01,200 --> 00:40:05,480 Speaker 1: if there's a crazy homeless person who's, you know, throwing 729 00:40:05,600 --> 00:40:08,000 Speaker 1: trash at people and screaming and they're spit on flying 730 00:40:08,000 --> 00:40:09,880 Speaker 1: out of his mouth or whatever, it's like, it's no 731 00:40:10,040 --> 00:40:11,759 Speaker 1: big deal. Just let them be. You don't want the 732 00:40:11,800 --> 00:40:13,400 Speaker 1: cops to actually make an arrest. You don't want the 733 00:40:13,440 --> 00:40:16,399 Speaker 1: cops to remove them from a private business, don't don't 734 00:40:16,400 --> 00:40:18,200 Speaker 1: want to do that. This is what's happened in these 735 00:40:18,200 --> 00:40:20,680 Speaker 1: cities and I think it's also significant Bucket the very 736 00:40:20,719 --> 00:40:23,759 Speaker 1: beginning there, he said, these are still stores where they're 737 00:40:23,800 --> 00:40:26,480 Speaker 1: making money. They are profitable. It's one thing if you 738 00:40:26,560 --> 00:40:29,600 Speaker 1: decide to close down because you're not businesses not being 739 00:40:29,640 --> 00:40:34,200 Speaker 1: a successful, people don't feel safe and so they're having 740 00:40:34,239 --> 00:40:37,200 Speaker 1: to shut down. I mean they have to go back 741 00:40:37,200 --> 00:40:40,000 Speaker 1: to the policies that they had for decades before they 742 00:40:40,040 --> 00:40:43,799 Speaker 1: trended for being racist for a day and destroyed all 743 00:40:43,840 --> 00:40:46,600 Speaker 1: of these places. And the irony is, I'm sure a 744 00:40:46,640 --> 00:40:48,000 Speaker 1: lot of the people who are going to lose their 745 00:40:48,040 --> 00:40:52,239 Speaker 1: jobs at these sixteen stores in these different cities are minorities. 746 00:40:52,520 --> 00:40:55,400 Speaker 1: There's the ceo here, who's who's you know, left of 747 00:40:55,440 --> 00:41:00,000 Speaker 1: center guy, a Democrat, actually spoke about some smoke at 748 00:41:00,160 --> 00:41:02,880 Speaker 1: elected officials being to blame. We have that audio too, 749 00:41:02,880 --> 00:41:04,640 Speaker 1: so you should hear it, folks, you want to he 750 00:41:04,680 --> 00:41:06,920 Speaker 1: knows this democrat play it. We'll play it when we 751 00:41:06,920 --> 00:41:09,840 Speaker 1: come back. That'd be perfect. My Pillow is serving up 752 00:41:09,920 --> 00:41:12,640 Speaker 1: a big time summer sale on another of their very 753 00:41:12,680 --> 00:41:15,960 Speaker 1: popular products. This sale is on their per cow sheets 754 00:41:15,960 --> 00:41:18,400 Speaker 1: that are available in a variety of colors and sizes. 755 00:41:18,680 --> 00:41:20,560 Speaker 1: Just to give you a sense of this online sale, 756 00:41:20,760 --> 00:41:24,000 Speaker 1: their Queen size sheets are regularly about ninety bucks, but 757 00:41:24,040 --> 00:41:26,960 Speaker 1: are now only thirty nine ninety eight. You need to 758 00:41:27,040 --> 00:41:29,720 Speaker 1: use our names Clay and Buck as the promo code. 759 00:41:29,960 --> 00:41:33,319 Speaker 1: There's a very limited supply, so order now because when 760 00:41:33,360 --> 00:41:36,600 Speaker 1: they're gone, they're gone. The per Cow sheets are breathable 761 00:41:36,600 --> 00:41:39,520 Speaker 1: and have a cool, crisp feel, perfect for summer nights, 762 00:41:39,680 --> 00:41:42,160 Speaker 1: especially during the heat wave. They come with a ten 763 00:41:42,280 --> 00:41:45,960 Speaker 1: year warranty and a sixty day money back guarantee. Go 764 00:41:46,080 --> 00:41:48,440 Speaker 1: to my pillow dot com, click on the radio listener 765 00:41:48,520 --> 00:41:52,000 Speaker 1: special Square and use the promo code Clay and Buck. 766 00:41:52,280 --> 00:41:55,280 Speaker 1: You'll also get deep discounts on all my Pillow products. 767 00:41:55,480 --> 00:41:57,520 Speaker 1: Same is true if you call this phone number eight 768 00:41:57,600 --> 00:42:01,160 Speaker 1: hundred seven nine two three two six nine. Again that 769 00:42:01,239 --> 00:42:04,439 Speaker 1: number and remember these per Cow sheets are phenomenal eight 770 00:42:04,520 --> 00:42:07,880 Speaker 1: hundred seven nine two three two six nine and use 771 00:42:07,960 --> 00:42:14,080 Speaker 1: the same promo code Clay and Buck. Welcome back in Clay, 772 00:42:14,080 --> 00:42:17,919 Speaker 1: Travis Buck Sexton Show. Appreciate everybody hanging out with us. 773 00:42:18,640 --> 00:42:21,160 Speaker 1: Joe Biden just put out a video in the last 774 00:42:21,400 --> 00:42:24,560 Speaker 1: thirty minutes or so about testing positive for COVID. He 775 00:42:24,600 --> 00:42:27,359 Speaker 1: recorded it or someone recorded it for him. I'm quite 776 00:42:27,360 --> 00:42:30,879 Speaker 1: certain he can't record a video. Hunter can, however, on 777 00:42:30,920 --> 00:42:34,640 Speaker 1: the video on the steps of the Truman balcony. There 778 00:42:34,680 --> 00:42:39,080 Speaker 1: also is going to be a press availability discussing this 779 00:42:39,760 --> 00:42:42,279 Speaker 1: in the near future. We'll share any of that that 780 00:42:42,320 --> 00:42:45,640 Speaker 1: has any substance to it. We're joined now by Nick Sercy, producer, director, 781 00:42:45,680 --> 00:42:47,839 Speaker 1: film and TV star. He has a new movie out 782 00:42:47,880 --> 00:42:51,560 Speaker 1: about January sixth, called Capital Punishment. You can find the 783 00:42:51,600 --> 00:42:55,799 Speaker 1: movie at Capital Punishment dot locals dot com or give 784 00:42:55,880 --> 00:43:00,319 Speaker 1: me Liberty dot com now, sorry, give me Liberty now 785 00:43:00,400 --> 00:43:02,680 Speaker 1: dot org. Nick, you also live part of the year 786 00:43:02,680 --> 00:43:06,640 Speaker 1: down in Franklin, Tennessee, near where I live, and you 787 00:43:06,800 --> 00:43:09,759 Speaker 1: are deeply concerned about what's going on with the January 788 00:43:09,800 --> 00:43:13,319 Speaker 1: six political prisoners. What's the latest you can tell us 789 00:43:13,320 --> 00:43:17,640 Speaker 1: and what will we learn by watching the movie? Well, 790 00:43:17,680 --> 00:43:21,120 Speaker 1: you'll learn what the truth is as opposed to what 791 00:43:21,200 --> 00:43:24,120 Speaker 1: the January sixth Committee is putting out. I mean, the 792 00:43:24,280 --> 00:43:28,720 Speaker 1: January sixth Committee is really just like the Mueller investigation. 793 00:43:28,880 --> 00:43:32,400 Speaker 1: It's really a fake investigations that is meant to cover 794 00:43:32,560 --> 00:43:37,000 Speaker 1: up what they actually did. And it's come out that 795 00:43:37,080 --> 00:43:41,960 Speaker 1: Adam Kinzinger brought a gun to the Capital on January 796 00:43:42,000 --> 00:43:44,759 Speaker 1: sixth and told his staff not to come in, and 797 00:43:44,840 --> 00:43:49,560 Speaker 1: Liz Cheney she brought a retired Secret Service agent with 798 00:43:49,600 --> 00:43:53,279 Speaker 1: her that day for security because they knew something was 799 00:43:53,320 --> 00:43:56,160 Speaker 1: going to happen. And so what's going on now is 800 00:43:56,200 --> 00:43:59,279 Speaker 1: they are persecuting innocent Americans who happened to go to 801 00:43:59,360 --> 00:44:04,520 Speaker 1: Washington day in order to cover up the actual crimes 802 00:44:04,600 --> 00:44:08,000 Speaker 1: that the people in Washington committed. Nick, thanks for being 803 00:44:08,000 --> 00:44:10,360 Speaker 1: with us. It's buck. What are you What are some 804 00:44:10,440 --> 00:44:14,600 Speaker 1: of the stories of people you mentioned the way that 805 00:44:14,640 --> 00:44:17,759 Speaker 1: they're they're tracking down all over the nation, people who 806 00:44:17,840 --> 00:44:21,840 Speaker 1: were there, and many of whom didn't really do anything. 807 00:44:22,480 --> 00:44:26,239 Speaker 1: They were there, but they didn't actually attack police, or 808 00:44:26,280 --> 00:44:31,279 Speaker 1: they didn't engage in violent or even destructive behavior necessarily, 809 00:44:31,640 --> 00:44:35,879 Speaker 1: and have had the FBI show up as though they're 810 00:44:35,920 --> 00:44:39,080 Speaker 1: a member of Al Qaido or something. What are some 811 00:44:39,120 --> 00:44:41,480 Speaker 1: of the stories that you tell in the documentary and 812 00:44:41,480 --> 00:44:47,120 Speaker 1: the film you made here about just how they're being persecuted. Well, 813 00:44:47,719 --> 00:44:50,320 Speaker 1: one of the people featured in the film is Derek Kennison, 814 00:44:50,480 --> 00:44:53,000 Speaker 1: and he went to the Washington that day with his 815 00:44:53,040 --> 00:44:56,040 Speaker 1: friend Tony Martinez. They didn't go in the building, and 816 00:44:56,120 --> 00:44:58,680 Speaker 1: both of them had their homes rated by the FBI 817 00:44:58,800 --> 00:45:03,360 Speaker 1: and the six am RA swat teams, armored vehicles coming 818 00:45:03,400 --> 00:45:07,919 Speaker 1: down their suburban streets and their families pulled out into 819 00:45:07,920 --> 00:45:13,160 Speaker 1: the street. One of Tony Martinez's daughter, Isabel, who's thirteen 820 00:45:13,239 --> 00:45:17,279 Speaker 1: years old, was handcuffed by the FBI. And what they 821 00:45:17,320 --> 00:45:21,439 Speaker 1: do is they do this to humiliate them in front 822 00:45:21,440 --> 00:45:24,640 Speaker 1: of their neighbors, as well as scare everybody to death 823 00:45:24,719 --> 00:45:29,080 Speaker 1: that you should never ever ever resist the government ever again. 824 00:45:29,719 --> 00:45:33,359 Speaker 1: And what's happened to these people is chilling, and it's 825 00:45:33,920 --> 00:45:37,359 Speaker 1: continuing to happen. I just heard from a lady last 826 00:45:37,440 --> 00:45:40,920 Speaker 1: night who had her home rated a month ago, on 827 00:45:41,080 --> 00:45:45,239 Speaker 1: June twenty second, and another person who never went inside 828 00:45:45,280 --> 00:45:48,560 Speaker 1: the building, who just went there and protested peacefully and 829 00:45:48,680 --> 00:45:53,120 Speaker 1: came home. And this is an intimidation tactic that you're 830 00:45:53,200 --> 00:45:57,400 Speaker 1: used to seeing in a totalitarian country, but you're not 831 00:45:57,520 --> 00:46:00,440 Speaker 1: used to seeing this kind of a tactic the United 832 00:46:00,480 --> 00:46:03,560 Speaker 1: States of America. I really couldn't believe it. After we 833 00:46:03,640 --> 00:46:06,960 Speaker 1: started making the film and we started uncovering these stories, 834 00:46:07,520 --> 00:46:10,480 Speaker 1: I was shocked. I could not believe that this was 835 00:46:10,520 --> 00:46:13,319 Speaker 1: going on. Nick, I'm with you and that I was 836 00:46:13,360 --> 00:46:16,160 Speaker 1: shocked also, And I'm coming to it from the perspective 837 00:46:16,160 --> 00:46:18,520 Speaker 1: of an attorney. We've had Julie Kelly on, who I 838 00:46:18,560 --> 00:46:20,719 Speaker 1: bet you have interacted with some as a part of 839 00:46:20,719 --> 00:46:25,359 Speaker 1: covering this January sixth political persecutions, and she told us, 840 00:46:25,480 --> 00:46:28,719 Speaker 1: I think it's recently. Yeah, a couple of weeks ago, Nick, 841 00:46:28,760 --> 00:46:31,160 Speaker 1: we had her on and she said there are still 842 00:46:31,200 --> 00:46:35,600 Speaker 1: eighty people being held in Washington, DC. Were coming up 843 00:46:35,600 --> 00:46:38,080 Speaker 1: on certainly well over a year and a half since 844 00:46:38,360 --> 00:46:41,600 Speaker 1: January sixth, and a lot of these guys still don't 845 00:46:41,640 --> 00:46:45,000 Speaker 1: have access to good attorneys. They still haven't had any 846 00:46:45,040 --> 00:46:47,600 Speaker 1: resolution to their cases. Some of them are still in 847 00:46:47,680 --> 00:46:51,719 Speaker 1: solitary confinement, and yet it's as if they don't exist. 848 00:46:52,200 --> 00:46:57,239 Speaker 1: It's wild. Yeah, And I know of at least one 849 00:46:57,320 --> 00:47:00,960 Speaker 1: case in which a man that's still arrayed. He's been 850 00:47:01,000 --> 00:47:04,280 Speaker 1: in there since January sixth. They are holding this man 851 00:47:04,560 --> 00:47:08,839 Speaker 1: because he actually witnessed the death of Roseanne Boylan, who 852 00:47:08,960 --> 00:47:13,080 Speaker 1: is the second woman who was murdered that death, and 853 00:47:13,280 --> 00:47:15,480 Speaker 1: they want to say that Roseanne Boylan. They put out 854 00:47:15,520 --> 00:47:18,000 Speaker 1: the story that Roseanne Boylan died of a drug overdose. 855 00:47:18,160 --> 00:47:21,120 Speaker 1: She didn't she was beaten to death. And one of 856 00:47:21,120 --> 00:47:23,839 Speaker 1: the people they're keeping there was a witness to that, 857 00:47:23,920 --> 00:47:26,160 Speaker 1: and that's why they don't want him to speak. They 858 00:47:26,160 --> 00:47:27,839 Speaker 1: don't want him to come out. And that is what 859 00:47:28,440 --> 00:47:32,080 Speaker 1: is such a travesty about the January six Committee. If 860 00:47:32,120 --> 00:47:35,120 Speaker 1: they really were a fact finding committee and they really 861 00:47:35,160 --> 00:47:37,759 Speaker 1: wanted to find out what was happening, they would call 862 00:47:38,000 --> 00:47:41,800 Speaker 1: people like this man who saw what happened to Roseanne Boiland. 863 00:47:42,040 --> 00:47:45,120 Speaker 1: They would call Ray Epps. They would ask Ray Epps 864 00:47:45,160 --> 00:47:48,000 Speaker 1: why he was telling people to go inside the capitol 865 00:47:48,040 --> 00:47:52,640 Speaker 1: for two days. I mean, they would also investigate the 866 00:47:52,680 --> 00:47:55,920 Speaker 1: fact that John Sullivan was in the hallway when Ashley 867 00:47:56,000 --> 00:47:59,920 Speaker 1: Babbitt was killed. John Sullivan is a known bom active 868 00:48:00,400 --> 00:48:02,840 Speaker 1: and you have Christopher Ray getting up and testifying that 869 00:48:02,920 --> 00:48:08,239 Speaker 1: there's no knowledge of any blmr Antifa presence there. And 870 00:48:08,520 --> 00:48:10,520 Speaker 1: I have the footage, it's in the movie. I'm just 871 00:48:10,560 --> 00:48:14,000 Speaker 1: some actor from Hollywood. I know Christopher Ray knows who 872 00:48:14,080 --> 00:48:17,120 Speaker 1: was in there. And that's the joke about the January 873 00:48:17,160 --> 00:48:19,400 Speaker 1: sixth Committee. They're not interested in the truth. They're just 874 00:48:19,480 --> 00:48:24,320 Speaker 1: advancing an attendance. Nick, where can people go to watch 875 00:48:24,560 --> 00:48:28,280 Speaker 1: this film and how can they support the efforts to 876 00:48:28,320 --> 00:48:34,319 Speaker 1: get out more of the suppressed truth. Well, you can 877 00:48:34,360 --> 00:48:37,560 Speaker 1: go to Nick Serty dotlocals dot com. You can watch 878 00:48:37,600 --> 00:48:40,680 Speaker 1: the film there. You can also go to Capital Punishment 879 00:48:40,760 --> 00:48:43,960 Speaker 1: the Movie dot com. Both of those places you can 880 00:48:44,560 --> 00:48:48,120 Speaker 1: purchase the film on streaming or on a DVD. And 881 00:48:48,520 --> 00:48:51,520 Speaker 1: the important thing. Another thing that's been happening with the 882 00:48:51,560 --> 00:48:54,560 Speaker 1: movie is one American News has been airing it opposite. 883 00:48:55,200 --> 00:48:58,439 Speaker 1: Whenever the January six show trials are on, they air 884 00:48:58,520 --> 00:49:01,759 Speaker 1: Capital Punishment as counter programming. So there's a lot of 885 00:49:01,800 --> 00:49:04,439 Speaker 1: ways to see the film. But the important thing about 886 00:49:04,480 --> 00:49:08,040 Speaker 1: the film is it's going to show you what the 887 00:49:08,600 --> 00:49:11,600 Speaker 1: establishment in Washington is covering up, and that is the 888 00:49:11,640 --> 00:49:16,440 Speaker 1: way they are torturing common ordinary citizens who disagree with 889 00:49:16,480 --> 00:49:19,359 Speaker 1: the government, thought something was fishy about the election and 890 00:49:19,480 --> 00:49:22,840 Speaker 1: wanted to publicly say something about it. They're trying to 891 00:49:22,880 --> 00:49:26,720 Speaker 1: send a message to everyone, don't you ever ever resist 892 00:49:26,840 --> 00:49:32,280 Speaker 1: us ever Again. Good stuff, Nick, One last question for you. 893 00:49:32,280 --> 00:49:35,919 Speaker 1: You come out of the Hollywood universe. We certainly hear 894 00:49:36,000 --> 00:49:39,480 Speaker 1: all the time about the left wing bias in Hollywood. 895 00:49:39,560 --> 00:49:42,000 Speaker 1: One of the things that I've seen, however, there's a 896 00:49:42,040 --> 00:49:44,640 Speaker 1: lot of people who are sort of under the radar 897 00:49:45,239 --> 00:49:48,960 Speaker 1: in Hollywood that agree with a lot of what Trump 898 00:49:49,120 --> 00:49:50,960 Speaker 1: was saying. And a lot of what we say on 899 00:49:50,960 --> 00:49:54,719 Speaker 1: a regular basis on this program. What was your experience 900 00:49:54,760 --> 00:50:00,200 Speaker 1: in sort of interacting with undercover Trump supporters in the 901 00:50:00,320 --> 00:50:04,800 Speaker 1: entertainment universe. I have a lot of friends and there 902 00:50:04,800 --> 00:50:07,719 Speaker 1: people that you would know, actors whose faces you would know, 903 00:50:07,760 --> 00:50:10,680 Speaker 1: if not in their names, who totally agree with me. 904 00:50:10,760 --> 00:50:13,680 Speaker 1: Always say to me, you know, I agree with you totally, 905 00:50:13,719 --> 00:50:16,480 Speaker 1: but you're insane for speaking out the way you do. 906 00:50:16,520 --> 00:50:18,680 Speaker 1: If I said what you said, I'd never work again. 907 00:50:19,520 --> 00:50:22,319 Speaker 1: And I always tell them, look, I'm working a lot. 908 00:50:22,360 --> 00:50:24,359 Speaker 1: I'm just not working with the same people I used 909 00:50:24,360 --> 00:50:26,840 Speaker 1: to work with. And I think that what we have 910 00:50:26,920 --> 00:50:29,840 Speaker 1: to do in Hollywood, we have to get our courage 911 00:50:29,920 --> 00:50:32,440 Speaker 1: up and start standing up to these bullies, because that's 912 00:50:32,440 --> 00:50:36,000 Speaker 1: what they are. They want to intimidate you into silence, 913 00:50:36,239 --> 00:50:39,560 Speaker 1: exactly like what the January sixth Committee is doing. They 914 00:50:39,600 --> 00:50:42,359 Speaker 1: want to make sure you shut up so that no 915 00:50:42,400 --> 00:50:45,120 Speaker 1: one hears your point of view. And I keep telling 916 00:50:45,120 --> 00:50:47,719 Speaker 1: them there's people out there you can work with. I 917 00:50:47,800 --> 00:50:50,279 Speaker 1: work with them all the time. Don't worry about it. 918 00:50:50,520 --> 00:50:54,279 Speaker 1: Say what you think, and hopefully more and more of 919 00:50:54,360 --> 00:50:58,160 Speaker 1: us will have the courage to start speaking out. Nick Sercie. 920 00:50:58,239 --> 00:51:01,279 Speaker 1: Go check out Capital Punishment the movie. Nick, thanks so 921 00:51:01,360 --> 00:51:04,960 Speaker 1: much for being with us, Thanks so much. Fucking Clay 922 00:51:05,080 --> 00:51:07,719 Speaker 1: was an honor, Clay. We gotta come back here in 923 00:51:07,760 --> 00:51:13,439 Speaker 1: a second. There there, we're watching like it's almost like 924 00:51:13,800 --> 00:51:18,400 Speaker 1: the hysterics right now, because I can see the transcript 925 00:51:18,440 --> 00:51:21,440 Speaker 1: on the screen. Uh you know, the closed captures on 926 00:51:21,440 --> 00:51:24,560 Speaker 1: the screen. They're diving in during this White House press 927 00:51:24,600 --> 00:51:30,040 Speaker 1: briefing to any close contacts, Biden half as if I 928 00:51:30,120 --> 00:51:35,360 Speaker 1: mean it's omicron. Biden's almost eighty. He basically has a cold. Okay, 929 00:51:35,480 --> 00:51:38,799 Speaker 1: he has a sniffle. We're really gonna freak out. They're like, 930 00:51:38,840 --> 00:51:41,239 Speaker 1: what about the photographer that was near him? Did he 931 00:51:41,280 --> 00:51:44,200 Speaker 1: have an AED ninety five mask on? These any of 932 00:51:44,280 --> 00:51:46,520 Speaker 1: all these journos who are in the West wing now, 933 00:51:46,560 --> 00:51:49,680 Speaker 1: by the way, with the tightest looking face masks on 934 00:51:49,800 --> 00:51:52,080 Speaker 1: I've ever seen. Now, that's a new thing. It's it 935 00:51:52,200 --> 00:51:55,080 Speaker 1: has to be well fitted, it has to be you know, 936 00:51:55,440 --> 00:51:57,560 Speaker 1: it's like one hundred and fifty degree. Some of these 937 00:51:57,560 --> 00:51:59,600 Speaker 1: people are gonna be passing out because they can't breathe. 938 00:52:00,440 --> 00:52:04,000 Speaker 1: It's like they're strapping saran wrap around their faces. These 939 00:52:04,000 --> 00:52:07,600 Speaker 1: people who are out of their minds. We will discuss 940 00:52:07,680 --> 00:52:10,319 Speaker 1: this and more coming up here in a second. We're 941 00:52:10,320 --> 00:52:13,480 Speaker 1: living through a year of rapidly increasing expenses, not just 942 00:52:13,520 --> 00:52:16,840 Speaker 1: a gallon of gas, but groceries, travel, restaurants, meals, you 943 00:52:16,920 --> 00:52:19,520 Speaker 1: name it. It's all going up. Thankfully, so is the 944 00:52:19,600 --> 00:52:22,200 Speaker 1: value of your home. We've seen housing values go up 945 00:52:22,320 --> 00:52:24,759 Speaker 1: twenty percent a lot of places across the country. That 946 00:52:24,840 --> 00:52:28,200 Speaker 1: means the equity in your home has likely grown by 947 00:52:28,440 --> 00:52:31,960 Speaker 1: a substantial percentage, and that equity can be accessed as 948 00:52:32,040 --> 00:52:34,719 Speaker 1: cash for the things you need. 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