1 00:00:00,120 --> 00:00:03,280 Speaker 1: News Roundup and information Overload our Sean Hannity Show, eight 2 00:00:03,400 --> 00:00:05,920 Speaker 1: hundred and nine four one Sean, if you want to 3 00:00:06,000 --> 00:00:09,119 Speaker 1: be a part of the program. We've been spending a 4 00:00:09,119 --> 00:00:11,440 Speaker 1: lot of time on this program, and we've been talking 5 00:00:11,480 --> 00:00:15,040 Speaker 1: about how bad the economy is and what it means 6 00:00:15,040 --> 00:00:17,320 Speaker 1: for you, what it means for your family, and we've 7 00:00:17,360 --> 00:00:20,320 Speaker 1: gone through a list of people that are suffering. Today 8 00:00:20,480 --> 00:00:23,239 Speaker 1: was the first bit of bad news that where we 9 00:00:23,360 --> 00:00:27,440 Speaker 1: got this week consumer confidence declining. Now the third straight month, 10 00:00:27,600 --> 00:00:29,640 Speaker 1: we'll find out how much the Fed is going to 11 00:00:29,920 --> 00:00:34,920 Speaker 1: raise interest rates tomorrow. We're expecting seven point seven five 12 00:00:34,960 --> 00:00:37,280 Speaker 1: basis points, three quarters of a point. In other words, 13 00:00:37,960 --> 00:00:40,320 Speaker 1: you know, one thing I pointed out earlier that if 14 00:00:40,360 --> 00:00:44,519 Speaker 1: you calculated inflation as they as they calculated it in 15 00:00:44,560 --> 00:00:48,199 Speaker 1: the nineteen eighties, it'd be over seventeen percent. I understand 16 00:00:48,240 --> 00:00:51,080 Speaker 1: this is a really important point. We're at nine point 17 00:00:51,120 --> 00:00:54,600 Speaker 1: one percent consumer price index, the indication of inflation. Now, 18 00:00:54,680 --> 00:00:58,400 Speaker 1: remember Biden inherited one point four percent a CPI, and 19 00:00:58,440 --> 00:01:01,480 Speaker 1: the actual number is much much high. Even President Trump 20 00:01:01,480 --> 00:01:03,760 Speaker 1: said this in a speech in where did he say it? 21 00:01:03,760 --> 00:01:06,840 Speaker 1: Out in Arizona? And on average now we see a couple, 22 00:01:07,120 --> 00:01:10,120 Speaker 1: an average couple paying Biden inflation at the cost of 23 00:01:10,240 --> 00:01:13,040 Speaker 1: six thousand, eight hundred dollars a year, and if you 24 00:01:13,280 --> 00:01:16,119 Speaker 1: drive to work, it's about another two thousand dollars a year. 25 00:01:16,160 --> 00:01:20,240 Speaker 1: You're paying in gas because of Joe's energy stupidity and 26 00:01:20,280 --> 00:01:24,280 Speaker 1: his dumb policies of reducing the world supply while demand 27 00:01:24,319 --> 00:01:27,520 Speaker 1: remains constant or even higher. But the former president didn't 28 00:01:27,520 --> 00:01:30,440 Speaker 1: give his own estimate for the true rate of inflation. 29 00:01:30,480 --> 00:01:33,240 Speaker 1: When calculated, if you used the same methodology that our 30 00:01:33,280 --> 00:01:36,600 Speaker 1: government used in the eighties, inflation seventeen point three percent, 31 00:01:36,920 --> 00:01:40,560 Speaker 1: which would actually be a seventy five year high. Now 32 00:01:40,600 --> 00:01:44,080 Speaker 1: they're trying to change the name the definition of recession 33 00:01:44,319 --> 00:01:48,040 Speaker 1: ahead of Thursday's numbers GDP numbers. You know, Steve Moore 34 00:01:48,160 --> 00:01:49,440 Speaker 1: is going to join us in a second. He had 35 00:01:49,480 --> 00:01:51,880 Speaker 1: a pretty funny list. I mentioned that in the last 36 00:01:51,880 --> 00:01:55,440 Speaker 1: half hour. You know, Democrats have tried to redefine, okay, 37 00:01:55,480 --> 00:01:58,440 Speaker 1: what a recession is, what the definition of peaceful is, 38 00:01:58,480 --> 00:02:01,360 Speaker 1: what the definition of a woman is, what the definition 39 00:02:01,360 --> 00:02:05,480 Speaker 1: of a secure border means, what transitory means. And government 40 00:02:05,760 --> 00:02:08,960 Speaker 1: they never say they spend money, they're always investing money. Well, 41 00:02:09,000 --> 00:02:12,880 Speaker 1: that's investing your money. That's spending. Just like invading Ukraine. 42 00:02:12,880 --> 00:02:15,200 Speaker 1: Well it's only if it's only a minor incursion, it's 43 00:02:15,200 --> 00:02:17,800 Speaker 1: still an invasion. And you know, it's it's kind of 44 00:02:17,800 --> 00:02:21,360 Speaker 1: like this Alice in Wonder thinking that they have. But 45 00:02:21,440 --> 00:02:24,720 Speaker 1: the bottom line is every aspect of our economy is 46 00:02:24,760 --> 00:02:28,920 Speaker 1: getting hurt. The poor, the middle class, people unfixed incomes 47 00:02:28,960 --> 00:02:31,200 Speaker 1: are getting clobered. I went through all those numbers at 48 00:02:31,240 --> 00:02:33,000 Speaker 1: the beginning of the program. I'm not going to do 49 00:02:33,040 --> 00:02:35,840 Speaker 1: it again. You know. Joe Biden saying this week we're 50 00:02:35,919 --> 00:02:38,519 Speaker 1: not going to see a recession. I think we're gonna 51 00:02:38,560 --> 00:02:42,480 Speaker 1: if I'm betting if the Atlanta Fete is predicting negative 52 00:02:42,560 --> 00:02:45,440 Speaker 1: one point six percent growth for quarter number two, the 53 00:02:45,520 --> 00:02:49,400 Speaker 1: definition of a recession is very simple, two quarters, two 54 00:02:49,440 --> 00:02:53,200 Speaker 1: consecutive quarters of negative growth. So if the Atlanta Fete 55 00:02:53,320 --> 00:02:56,040 Speaker 1: is right, we will be officially in a recession no 56 00:02:56,080 --> 00:02:58,920 Speaker 1: matter what they say. So Joe says it's not going 57 00:02:59,000 --> 00:03:01,760 Speaker 1: to be a recession, and bring Jean Pierre refuses to 58 00:03:01,800 --> 00:03:05,200 Speaker 1: give a definition of recession. Listens, President, we're getting GDP 59 00:03:05,360 --> 00:03:09,600 Speaker 1: numbers on Thursday. How worried should Americans be that we 60 00:03:09,720 --> 00:03:13,040 Speaker 1: could be in a recession, We're not commit in a recession. 61 00:03:13,880 --> 00:03:17,960 Speaker 1: My view, the employment rate is still on the most 62 00:03:18,480 --> 00:03:21,200 Speaker 1: we had in history, to the three point six area. 63 00:03:22,000 --> 00:03:26,520 Speaker 1: We still find ourselves with people investing. My hope is 64 00:03:26,560 --> 00:03:30,480 Speaker 1: we go from this rapid growth to steady growth and 65 00:03:30,840 --> 00:03:33,560 Speaker 1: so sing we'll see some coming down. But I don't 66 00:03:33,600 --> 00:03:36,000 Speaker 1: think we're going to God willing. I don't think we're 67 00:03:36,000 --> 00:03:38,360 Speaker 1: going to see a recession. But based on the President 68 00:03:38,400 --> 00:03:42,000 Speaker 1: said earlier, his economic advisors told him they also don't 69 00:03:42,040 --> 00:03:44,920 Speaker 1: think a recession is likely. And what is exactly the 70 00:03:44,920 --> 00:03:48,480 Speaker 1: White Houses definition of a recession? Again, we don't. We 71 00:03:48,560 --> 00:03:51,240 Speaker 1: don't define I'm not going to define it from here. 72 00:03:51,280 --> 00:03:53,960 Speaker 1: I'm just going to leave it to the NBRS as 73 00:03:54,040 --> 00:03:57,640 Speaker 1: we have stated, and how they define recession of procession 74 00:03:57,840 --> 00:04:00,720 Speaker 1: declared one until day of deserted one. I'm just saying 75 00:04:00,720 --> 00:04:02,560 Speaker 1: that we're just not going to define it. We use 76 00:04:02,640 --> 00:04:07,200 Speaker 1: the indicators that the NBRE the National Bureau of Economic 77 00:04:07,240 --> 00:04:10,720 Speaker 1: Research have used. We've mentioned that a few times. All right, 78 00:04:10,800 --> 00:04:13,240 Speaker 1: joining us now, Steve Moore was a member of President 79 00:04:13,240 --> 00:04:18,039 Speaker 1: Trump's Economic Recovery Task Force, author of Trump Eonomics. Inside 80 00:04:18,080 --> 00:04:21,359 Speaker 1: the America First plan to revive our economy. David Bonson 81 00:04:21,440 --> 00:04:24,680 Speaker 1: back with us, founding managing partner the Bonson Group, author 82 00:04:24,720 --> 00:04:28,520 Speaker 1: of There's No Free Lunch, two hundred and fifty Economic Truths. 83 00:04:29,400 --> 00:04:32,480 Speaker 1: Thank you both for being with us. Steve, I kind 84 00:04:32,520 --> 00:04:34,080 Speaker 1: of got a kick out of your list of new 85 00:04:34,120 --> 00:04:37,880 Speaker 1: definitions for everything. But the reality is is two thirds 86 00:04:37,880 --> 00:04:42,119 Speaker 1: of Americans are gulping water, barely surviving, and it's getting 87 00:04:42,120 --> 00:04:45,120 Speaker 1: worse for them every day. Yeah, the inflation numbers are 88 00:04:45,120 --> 00:04:50,360 Speaker 1: so bad that it almost sounds insulting the American people 89 00:04:50,480 --> 00:04:52,720 Speaker 1: and completely out of touch when the White House said, oh, 90 00:04:52,760 --> 00:04:54,640 Speaker 1: things are just buying, We're not really in a recession 91 00:04:55,600 --> 00:04:58,240 Speaker 1: when you have eighty percent of Americans who say the 92 00:04:58,279 --> 00:05:01,040 Speaker 1: economy is headed in the run direction. And by the way, Sean, 93 00:05:01,120 --> 00:05:04,560 Speaker 1: those are worse numbers than they were at the depths 94 00:05:04,600 --> 00:05:09,440 Speaker 1: of Jimmy Carter's reception. So that's how Americans understand the 95 00:05:10,320 --> 00:05:13,280 Speaker 1: ditch that we're in right now. And I have to 96 00:05:13,279 --> 00:05:16,120 Speaker 1: say that having worked for Donald Trump on the economy 97 00:05:16,120 --> 00:05:19,000 Speaker 1: and so I'm a little biased, but I honestly believe, Sean, 98 00:05:19,200 --> 00:05:22,320 Speaker 1: if we just stuck with the Trump policies, the economy 99 00:05:22,360 --> 00:05:26,000 Speaker 1: would be booming today. We let me talk about a recession. Well, 100 00:05:26,000 --> 00:05:28,040 Speaker 1: you know, we got people going finally going back to work. 101 00:05:28,120 --> 00:05:30,240 Speaker 1: We got restaurants reopening, or have people going back to 102 00:05:30,279 --> 00:05:33,640 Speaker 1: the movie theaters. You know. So there's no reason that 103 00:05:33,720 --> 00:05:36,960 Speaker 1: we're in this ditch except that Biden changed all the 104 00:05:37,000 --> 00:05:40,200 Speaker 1: Trump policies that we're working and as you said, the 105 00:05:40,240 --> 00:05:43,080 Speaker 1: worst was shutting off our energy production. We wouldn't have 106 00:05:43,120 --> 00:05:45,599 Speaker 1: to be by the way, Sean, we wouldn't have to 107 00:05:45,640 --> 00:05:49,440 Speaker 1: be drawing down our reserves right now of the street 108 00:05:49,800 --> 00:05:52,520 Speaker 1: or selling them to China, which was a really brilliant 109 00:05:52,560 --> 00:05:54,680 Speaker 1: move to pay back for I guess all the money 110 00:05:54,720 --> 00:05:56,440 Speaker 1: Hunter made. But go ahead, Well, I was just going 111 00:05:56,480 --> 00:05:58,440 Speaker 1: to say that we should be producing about three or 112 00:05:58,440 --> 00:06:01,640 Speaker 1: four million more bare of the day, and we would. 113 00:06:01,760 --> 00:06:04,760 Speaker 1: We would be completely energy independent. You wouldn't have the 114 00:06:04,800 --> 00:06:06,840 Speaker 1: problem that Europe has right now because we could be 115 00:06:06,880 --> 00:06:09,880 Speaker 1: exporting some of this stuff and we wouldn't be depleting 116 00:06:09,920 --> 00:06:12,800 Speaker 1: our energy result. I mean, my gosh, hurricane season is 117 00:06:12,800 --> 00:06:15,119 Speaker 1: coming up. What if we have a hurricane that knocks 118 00:06:15,160 --> 00:06:18,280 Speaker 1: out one of our major refineries or one of one 119 00:06:18,320 --> 00:06:21,919 Speaker 1: of our major pipelines, then what are we going to do? 120 00:06:22,279 --> 00:06:25,719 Speaker 1: We're pretty close to running on empty here, Sean, it's 121 00:06:25,760 --> 00:06:28,760 Speaker 1: that serious. I agree with you, David Bonson, welcome back 122 00:06:28,800 --> 00:06:33,000 Speaker 1: to you, sir. Looking at these numbers, I put my 123 00:06:33,080 --> 00:06:36,080 Speaker 1: money on the Atlanta Fed over Joe Biden. And the 124 00:06:36,120 --> 00:06:38,479 Speaker 1: fact that they want to change the definition of recession 125 00:06:38,560 --> 00:06:42,919 Speaker 1: is a little you know, appalling to me. I find 126 00:06:42,920 --> 00:06:46,279 Speaker 1: it pretty or welly in nineteen eighty four ish, But 127 00:06:46,560 --> 00:06:50,560 Speaker 1: that's who they are. Yeah, look, it's a tricky thing 128 00:06:50,640 --> 00:06:54,920 Speaker 1: in this sense. I expect politicians to lie, cheats, steel 129 00:06:55,200 --> 00:06:59,880 Speaker 1: and spin and you know, the NBR very high expectations. 130 00:07:00,040 --> 00:07:04,320 Speaker 1: I'll tell you, yeah, Well, experience is a great teacher. Um. 131 00:07:04,760 --> 00:07:08,920 Speaker 1: I believe that nbr's definition is a problem. When they 132 00:07:08,920 --> 00:07:12,280 Speaker 1: say it's two quarters in a row of contraction along 133 00:07:12,360 --> 00:07:16,200 Speaker 1: with other you know, deterioration and wages in employment. They 134 00:07:16,280 --> 00:07:18,200 Speaker 1: leave it as a gray area. And there's no reason 135 00:07:18,520 --> 00:07:21,960 Speaker 1: these these economists are funny. They say that economics is 136 00:07:22,080 --> 00:07:24,800 Speaker 1: maths and science and that the central planners can get 137 00:07:24,800 --> 00:07:27,680 Speaker 1: everything right. But then when it comes to defining recession, 138 00:07:27,720 --> 00:07:31,160 Speaker 1: all of a sudden they resort to some gray area 139 00:07:31,280 --> 00:07:34,880 Speaker 1: type definition. You know, Sean, Politically, it's irrelevant if there's 140 00:07:34,920 --> 00:07:37,080 Speaker 1: two quarters in a row of a negative GDP print. 141 00:07:37,160 --> 00:07:40,560 Speaker 1: Even with three point six percent unemployment, it's gonna hurt Biden. 142 00:07:40,680 --> 00:07:43,680 Speaker 1: That's just not gonna matter. I'll open in the world. 143 00:07:43,760 --> 00:07:46,240 Speaker 1: Laurence Summers says, unless we have a year at ten 144 00:07:46,320 --> 00:07:51,320 Speaker 1: percent unemployment, we're not getting out of this fast multiple years. 145 00:07:51,640 --> 00:07:53,960 Speaker 1: I want to be clear Larry's wrong about that, because 146 00:07:54,040 --> 00:07:57,800 Speaker 1: Larry is wrong that what you need in inflation area 147 00:07:57,920 --> 00:08:01,720 Speaker 1: periods is to go attack a What the supply siders 148 00:08:01,760 --> 00:08:04,320 Speaker 1: of the eighties taught us is that you can actually 149 00:08:04,360 --> 00:08:07,679 Speaker 1: help the economy to take down inflation. I agree. Reagan 150 00:08:07,720 --> 00:08:10,000 Speaker 1: did it simultaneously, and I was going to make that point. 151 00:08:10,000 --> 00:08:12,600 Speaker 1: He created twenty million new jobs, the longest period of 152 00:08:12,600 --> 00:08:16,000 Speaker 1: peacetime economic growth in history. So you're right on all points, 153 00:08:16,520 --> 00:08:19,280 Speaker 1: you know. I'm just looking at the impact. They're not 154 00:08:19,320 --> 00:08:21,640 Speaker 1: going to change their energy policy. So we're going to 155 00:08:22,000 --> 00:08:26,120 Speaker 1: are to keep the world supply of the lifeblood of 156 00:08:26,120 --> 00:08:29,640 Speaker 1: the world's economy. We're going to keep it artificially reduced. 157 00:08:30,000 --> 00:08:32,520 Speaker 1: Here's my prediction. Tell me, and I've been saying it 158 00:08:32,559 --> 00:08:36,120 Speaker 1: for two months now on this program. Once the housing 159 00:08:36,200 --> 00:08:39,720 Speaker 1: market really gets impacted here, let's say they go up 160 00:08:39,800 --> 00:08:43,439 Speaker 1: maybe a full basis point tomorrow in the FED with 161 00:08:43,559 --> 00:08:46,679 Speaker 1: interest rates. Okay, now we're talking about a thirty year 162 00:08:46,840 --> 00:08:51,160 Speaker 1: mortgage somewhere close to the seven percent mark for a 163 00:08:51,200 --> 00:08:54,920 Speaker 1: thirty year fixed mortgage, new home construction, I predict Steve 164 00:08:54,960 --> 00:08:57,880 Speaker 1: Moore will come to a screeching halt. Sale of pre 165 00:08:57,960 --> 00:09:01,120 Speaker 1: existing homes will stop. Nobody's gonna want to give up 166 00:09:01,160 --> 00:09:03,400 Speaker 1: their two point eight percent mortgage or the three point 167 00:09:03,440 --> 00:09:06,480 Speaker 1: seven five percent mortgage, whatever it happens to me, and 168 00:09:06,679 --> 00:09:09,760 Speaker 1: nobody's gonna want to pay seven percent. So those sales 169 00:09:09,760 --> 00:09:12,679 Speaker 1: will come to a screeching halt. Home values will begin 170 00:09:12,760 --> 00:09:18,120 Speaker 1: to tank quickly, and then we'll really feel the impact 171 00:09:18,360 --> 00:09:20,880 Speaker 1: even greater, because that's all going to happen in the 172 00:09:20,880 --> 00:09:24,959 Speaker 1: next six, nine, twelve months. Well, I hope you're wrong, Sean, 173 00:09:25,120 --> 00:09:28,000 Speaker 1: but you very well meet it may be right. I'm 174 00:09:28,000 --> 00:09:30,240 Speaker 1: nervous about that too. And we saw what happened in 175 00:09:30,280 --> 00:09:32,880 Speaker 1: two thousand. What are the odds that I'm right? Well, 176 00:09:32,960 --> 00:09:34,800 Speaker 1: you know, those rates are going to go up, and 177 00:09:34,840 --> 00:09:37,040 Speaker 1: we're already seeing a little bit of a slowdown in 178 00:09:37,080 --> 00:09:40,920 Speaker 1: the housing and the housing Yeah, it's a pretty significant slowdown. Yeah, 179 00:09:41,000 --> 00:09:43,760 Speaker 1: So I think that, and look, I'll just give you 180 00:09:43,840 --> 00:09:45,880 Speaker 1: a personal example, my wife and I looked at her 181 00:09:45,960 --> 00:09:48,200 Speaker 1: for or one K plan. Don't forget about the stock market, 182 00:09:48,240 --> 00:09:50,960 Speaker 1: that's a catastrophe. This cheer as well. So we lost 183 00:09:51,000 --> 00:09:53,120 Speaker 1: several one hundred thousand dollars. And I'm not rich in 184 00:09:53,160 --> 00:09:55,760 Speaker 1: our retirement savings, and so we said, well, at least 185 00:09:55,760 --> 00:09:57,920 Speaker 1: we got a lot of equity in our house. But 186 00:09:58,760 --> 00:10:01,280 Speaker 1: if those home values go down, you know you're gonna 187 00:10:01,280 --> 00:10:03,720 Speaker 1: have families like the more family to do what happened 188 00:10:03,720 --> 00:10:05,840 Speaker 1: to all our money? Quick break more on the economy 189 00:10:05,920 --> 00:10:08,240 Speaker 1: with Steve Moore and David Bonsen on the other side. 190 00:10:08,280 --> 00:10:10,520 Speaker 1: Eight hundred and nine four one sean our number will 191 00:10:10,520 --> 00:10:12,880 Speaker 1: take your calls anyway, one way to save money. And 192 00:10:12,920 --> 00:10:14,640 Speaker 1: this is the great thing that our friends in American 193 00:10:14,720 --> 00:10:17,920 Speaker 1: Financing dot net are offering. We no interest rates are 194 00:10:17,960 --> 00:10:20,720 Speaker 1: going up. We're gonna have another rate increase tomorrow. We're 195 00:10:20,720 --> 00:10:24,720 Speaker 1: expecting as many six seven more rate increases after this. 196 00:10:25,679 --> 00:10:29,680 Speaker 1: They're going to give you a free financial review, mortgage review, 197 00:10:30,120 --> 00:10:34,400 Speaker 1: debt consolidation review, and see if they can't save you 198 00:10:34,480 --> 00:10:37,160 Speaker 1: money every month and over the course of your loan. 199 00:10:37,440 --> 00:10:39,320 Speaker 1: Now all you have to do is pick up the phone, 200 00:10:39,520 --> 00:10:44,200 Speaker 1: no risk, no obligation, no pressure at all whatsoever. Let 201 00:10:44,240 --> 00:10:46,679 Speaker 1: them go over all of your finances with you, and 202 00:10:46,760 --> 00:10:49,280 Speaker 1: let them get back to you with a plan that 203 00:10:49,400 --> 00:10:51,800 Speaker 1: might save you money every month and save you a 204 00:10:51,840 --> 00:10:54,080 Speaker 1: ton of money over the course of your mortgage. Maybe 205 00:10:54,080 --> 00:10:56,680 Speaker 1: you do debt consolidation, you have one low monthly payment, 206 00:10:56,760 --> 00:10:58,600 Speaker 1: but you won't know if you don't make the call. 207 00:10:58,760 --> 00:11:03,679 Speaker 1: Their financial experts there, they're debt consolidation experts, they're mortgage experts, 208 00:11:03,720 --> 00:11:05,559 Speaker 1: are standing by. They'll take your call. They give you 209 00:11:05,600 --> 00:11:09,640 Speaker 1: a free consultation, no obligation review eight six six six 210 00:11:09,800 --> 00:11:13,959 Speaker 1: one eighty six six six two hundred. On the web, 211 00:11:14,000 --> 00:11:17,360 Speaker 1: it's American Financing dot net, American Financing MLS when a 212 00:11:17,480 --> 00:11:25,880 Speaker 1: two three three four nmls, Consumer access dot org. Keeping 213 00:11:26,040 --> 00:11:33,720 Speaker 1: the truth alive. Sanity is on right now, all right. 214 00:11:33,760 --> 00:11:36,800 Speaker 1: More on the economy. Bad news today, consumer confidence down. 215 00:11:36,880 --> 00:11:40,560 Speaker 1: We'll see how many basis points the FED raises interest 216 00:11:40,679 --> 00:11:44,360 Speaker 1: rates tomorrow, and then on Thursday we'll see if find 217 00:11:44,400 --> 00:11:47,480 Speaker 1: out officially if we're in a recession. Atlanta Fed is 218 00:11:47,520 --> 00:11:50,480 Speaker 1: predicting negative growth at one point six percent. We'll see 219 00:11:50,480 --> 00:11:52,559 Speaker 1: if they're right, or if Joe Biden's right that we're 220 00:11:52,600 --> 00:11:54,880 Speaker 1: not going to head a recession, but that would be 221 00:11:55,080 --> 00:11:58,679 Speaker 1: by definition a recession. What's going to happen in your view? 222 00:11:58,800 --> 00:12:01,560 Speaker 1: David Bonson to the to the real estate market. Am 223 00:12:01,600 --> 00:12:03,560 Speaker 1: I right? Am I wrong? Am I in the middle? 224 00:12:03,600 --> 00:12:05,959 Speaker 1: Where am I? Well? I don't want Steve Moore and 225 00:12:06,120 --> 00:12:08,240 Speaker 1: his wife to feel poor, but I have to say, 226 00:12:08,280 --> 00:12:10,920 Speaker 1: if home prices come down a little bit, I think 227 00:12:10,960 --> 00:12:13,960 Speaker 1: that might be a good thing because they're in a bubble. 228 00:12:14,559 --> 00:12:16,840 Speaker 1: They went up too much too fast, and I don't 229 00:12:16,840 --> 00:12:20,079 Speaker 1: think Steve and his wife were really getting richer when 230 00:12:20,120 --> 00:12:23,000 Speaker 1: the market, the housing prices went up twenty five percent 231 00:12:23,400 --> 00:12:25,720 Speaker 1: artificially in the last couple of years. And I don't 232 00:12:25,760 --> 00:12:29,839 Speaker 1: think I know people that sold their homes in the 233 00:12:29,960 --> 00:12:34,960 Speaker 1: last year at a massive profit, and they cashed out, 234 00:12:35,120 --> 00:12:37,880 Speaker 1: they would put their home up for sale, they'd have 235 00:12:38,120 --> 00:12:42,000 Speaker 1: three four fifteen offers over asking the same day. Those 236 00:12:42,120 --> 00:12:44,320 Speaker 1: days are dead. They were over, and they should be dead. 237 00:12:44,320 --> 00:12:46,880 Speaker 1: They weren't good and the FED created it with artificially 238 00:12:46,960 --> 00:12:50,079 Speaker 1: low rates. But here back to my supply side agenda 239 00:12:50,160 --> 00:12:52,640 Speaker 1: that you both agree with. Well, our problem is that 240 00:12:52,720 --> 00:12:54,959 Speaker 1: we are not doing enough to facilitate the building of 241 00:12:55,080 --> 00:12:57,959 Speaker 1: new houses. We need to clear the market and you 242 00:12:58,160 --> 00:13:01,559 Speaker 1: have a supply demand and balance. Because the governors like 243 00:13:01,720 --> 00:13:05,840 Speaker 1: Newsom in California put so many restrictions on building new houses, 244 00:13:06,200 --> 00:13:09,920 Speaker 1: so many crazy environmental regulations. That's the way you right 245 00:13:10,000 --> 00:13:13,440 Speaker 1: size the housing market. Don't get the FED manipulated. Let's 246 00:13:13,520 --> 00:13:16,880 Speaker 1: build more. But David, the problem is is, all right, 247 00:13:16,960 --> 00:13:19,120 Speaker 1: if you've got if you're getting a three percent thirty 248 00:13:19,200 --> 00:13:21,000 Speaker 1: year fixed mortgage, and now you're going to get a 249 00:13:21,080 --> 00:13:23,480 Speaker 1: seven percent thirty year fixed mortgage, you guys do the 250 00:13:23,600 --> 00:13:26,319 Speaker 1: math the half a million dollar home. How much more 251 00:13:26,400 --> 00:13:28,280 Speaker 1: per month are you going to be paying just an interest? 252 00:13:28,360 --> 00:13:32,640 Speaker 1: It's going to be what two? Solution, Sean, I know 253 00:13:32,760 --> 00:13:35,280 Speaker 1: the solution is I don't want FED picking the rate. 254 00:13:35,320 --> 00:13:37,880 Speaker 1: It shouldn't be three and it shouldn't be seven. The 255 00:13:37,960 --> 00:13:40,319 Speaker 1: buyers and sellers can figure out what the rates should be. 256 00:13:40,480 --> 00:13:43,120 Speaker 1: And seven is too hot, That threats too Huh. When 257 00:13:43,160 --> 00:13:45,480 Speaker 1: has that ever happened in modern history? That's not the 258 00:13:45,559 --> 00:13:49,000 Speaker 1: way it works. Once the FED raises interest rates, it's 259 00:13:49,000 --> 00:13:50,920 Speaker 1: going to go up across the board, is it not. 260 00:13:51,559 --> 00:13:54,320 Speaker 1: It's been going up. I think that mortgage rates are 261 00:13:54,360 --> 00:13:57,040 Speaker 1: probably going to peak soon, but they're peaking at a 262 00:13:57,160 --> 00:13:59,560 Speaker 1: level that is very high compared to what people are 263 00:13:59,679 --> 00:14:03,240 Speaker 1: used to. I think that the reality is people that 264 00:14:04,000 --> 00:14:06,800 Speaker 1: need a two percent mortgage to buy a home can't 265 00:14:06,840 --> 00:14:09,240 Speaker 1: afford the home they're buying, so they created a bubble. 266 00:14:09,679 --> 00:14:12,000 Speaker 1: And now all of a sudden, we care about housing 267 00:14:12,040 --> 00:14:16,160 Speaker 1: prices being too high because people's kids, grandkids, they can't 268 00:14:16,160 --> 00:14:18,959 Speaker 1: afford to buy a home. So I'm just saying that 269 00:14:19,040 --> 00:14:21,240 Speaker 1: there's two sides to it. I don't want to there is, 270 00:14:21,320 --> 00:14:23,600 Speaker 1: but here's the point two. Who's gonna want to give 271 00:14:23,720 --> 00:14:26,120 Speaker 1: up a three percent thirty year mortgage for a seven 272 00:14:26,160 --> 00:14:29,160 Speaker 1: percent thirty year mortgage? Nobody? Yeah, well that's true. And 273 00:14:29,280 --> 00:14:32,280 Speaker 1: you know people can't refinance. You know, that was a 274 00:14:32,320 --> 00:14:33,920 Speaker 1: big part of the housing boom in the in the 275 00:14:34,000 --> 00:14:37,560 Speaker 1: banking boom was the refinancing. Nobody's going to refinance at 276 00:14:37,640 --> 00:14:40,080 Speaker 1: higher or interest rate. I'm worried. I'm with you, son, 277 00:14:40,160 --> 00:14:44,280 Speaker 1: I am worried about this bubble. And you know, David's right, 278 00:14:44,320 --> 00:14:46,360 Speaker 1: there's been a bit of a bubble. But we've we 279 00:14:46,480 --> 00:14:48,880 Speaker 1: should have learned from two thousand and six and seven 280 00:14:48,920 --> 00:14:51,920 Speaker 1: and eight that when the fet allows these bubbles to do, 281 00:14:52,240 --> 00:14:55,440 Speaker 1: you know, top boy, it can cause real pain and suffering. 282 00:14:55,520 --> 00:14:58,280 Speaker 1: And remember how banks, big banks. I don't know if 283 00:14:58,280 --> 00:15:00,560 Speaker 1: you think this could happen, David, but remember the fair 284 00:15:00,680 --> 00:15:04,520 Speaker 1: Stearns and companies like that. Really literally seventy two hours 285 00:15:05,200 --> 00:15:08,520 Speaker 1: they were out of business. So I hope I'm wrong, 286 00:15:08,640 --> 00:15:10,560 Speaker 1: but those kind of financials, I'm not sure that we 287 00:15:10,680 --> 00:15:13,760 Speaker 1: made that same mistake, and that was lowering the standards 288 00:15:13,960 --> 00:15:17,640 Speaker 1: for applicants in terms of their ability to get mortgages. 289 00:15:18,120 --> 00:15:20,200 Speaker 1: And I have been reading that a lot of banks 290 00:15:20,280 --> 00:15:23,480 Speaker 1: have actually been preparing for the possibility of a lot 291 00:15:23,520 --> 00:15:25,800 Speaker 1: of foreclosures, which I hope doesn't happen to anybody. I 292 00:15:25,840 --> 00:15:28,160 Speaker 1: don't wouldn't wish that on anyone. Yeah, all right, we're 293 00:15:28,160 --> 00:15:30,320 Speaker 1: gonna let you both go. Stephen Moore. Now, by the way, 294 00:15:30,400 --> 00:15:35,640 Speaker 1: David Bonsen has a brand new free introduction to Economics class. 295 00:15:35,680 --> 00:15:38,360 Speaker 1: What is it online? Yes, it is on Ryan Free. 296 00:15:38,560 --> 00:15:41,720 Speaker 1: We want to people learn economics supply side the right 297 00:15:41,800 --> 00:15:44,920 Speaker 1: way as God understood it to be. What is the 298 00:15:45,160 --> 00:15:49,520 Speaker 1: real quick one sentence each What do you recommend people do? Now? 299 00:15:50,000 --> 00:15:52,840 Speaker 1: I'm saying save money wherever you can, and if you 300 00:15:52,880 --> 00:15:54,960 Speaker 1: can bring an extra money, find a way. What do 301 00:15:55,040 --> 00:15:57,880 Speaker 1: you say, Steve, I say you continue to work hard. 302 00:15:57,920 --> 00:15:59,560 Speaker 1: If you don't have a job, that'll get one while 303 00:15:59,600 --> 00:16:01,880 Speaker 1: they're out there. And I don't think i'd sell the 304 00:16:01,960 --> 00:16:04,640 Speaker 1: stock marker right now because the devices have fallen already 305 00:16:04,720 --> 00:16:07,720 Speaker 1: so much. David, wake up every day and be as 306 00:16:07,800 --> 00:16:10,080 Speaker 1: productive as you can be, because that's what God made 307 00:16:10,120 --> 00:16:12,240 Speaker 1: you to be. Be productive. And it solves a lot 308 00:16:12,280 --> 00:16:15,120 Speaker 1: of financial problems too, it does maybe a little maybe 309 00:16:15,200 --> 00:16:17,040 Speaker 1: instead of working a forty hour a week, join the 310 00:16:17,080 --> 00:16:20,320 Speaker 1: rest of us work seventy eighty ninety hours. And I 311 00:16:20,440 --> 00:16:22,480 Speaker 1: know that people don't like to hear that advice, but 312 00:16:22,680 --> 00:16:25,360 Speaker 1: that's what I do anyway. Thank you both, David Bonson, 313 00:16:25,440 --> 00:16:28,920 Speaker 1: Steve Moore. They've done that my whole life. Just keep working, working, 314 00:16:29,080 --> 00:16:31,520 Speaker 1: working anyway. When I was a contractor, I remember I 315 00:16:31,720 --> 00:16:34,040 Speaker 1: would work through the night if I could, you know, 316 00:16:34,080 --> 00:16:35,720 Speaker 1: if people would let me stay. If I was working 317 00:16:35,760 --> 00:16:38,000 Speaker 1: in a commercial facility, I'd stay as long as they 318 00:16:38,120 --> 00:16:48,800 Speaker 1: let me job. Joe Biden can't spell it and he 319 00:16:49,000 --> 00:16:52,160 Speaker 1: can't keep them for the American people. Check out the 320 00:16:52,320 --> 00:16:56,680 Speaker 1: sew and Hannity jobs for him today. Now, Hannity's on 321 00:16:57,080 --> 00:16:59,960 Speaker 1: coast to coast twenty five to the top of the hour. 322 00:17:00,160 --> 00:17:01,840 Speaker 1: Let's go right to our busy phones. Final half hour 323 00:17:01,880 --> 00:17:03,600 Speaker 1: of the show. Today, we got a great Hannity tonight, 324 00:17:03,680 --> 00:17:05,359 Speaker 1: nine Easton. I'll tell you about that in a minute. 325 00:17:06,119 --> 00:17:09,000 Speaker 1: Let's start in Connecticut. Christine is with us. Christine, Hi, 326 00:17:09,200 --> 00:17:11,800 Speaker 1: Welcome to the show. Glad you called hi. Thanks Sean. 327 00:17:11,920 --> 00:17:15,200 Speaker 1: I happened to be a conservative transgender woman and I 328 00:17:15,480 --> 00:17:19,639 Speaker 1: hated the idea of that venue that canceled out on 329 00:17:19,840 --> 00:17:22,800 Speaker 1: Dave Chappelle, forcing him to relocate. You know you're you're 330 00:17:22,840 --> 00:17:26,520 Speaker 1: talking about a comedian, sir. They entertained, they make jokes 331 00:17:26,560 --> 00:17:29,440 Speaker 1: about everybody. It's it's no big deal, and it's our 332 00:17:29,840 --> 00:17:32,600 Speaker 1: leftist transactivists had a problem with it. Don't buy a 333 00:17:32,680 --> 00:17:35,800 Speaker 1: ticket and just be quiet about it. Did you watch 334 00:17:36,160 --> 00:17:40,720 Speaker 1: the Netflix special where he addressed this very specific issue 335 00:17:40,760 --> 00:17:44,520 Speaker 1: in great, great detail, great specificity was a lot of 336 00:17:44,600 --> 00:17:47,120 Speaker 1: it was funny, but but he really dug down deep 337 00:17:47,160 --> 00:17:50,720 Speaker 1: and really went into the weeds that he doesn't hate anybody. 338 00:17:50,800 --> 00:17:52,639 Speaker 1: And I watched it very closely, and I thought it 339 00:17:52,720 --> 00:17:56,040 Speaker 1: was actually a pretty powerful m segment that he did. 340 00:17:57,080 --> 00:18:00,320 Speaker 1: And you're right on that point. Let me ask you question. 341 00:18:00,359 --> 00:18:05,680 Speaker 1: I am betting that when you tell people that you're transgender. 342 00:18:06,200 --> 00:18:10,280 Speaker 1: I'm betting most people probably don't bat an eyelash. I 343 00:18:10,400 --> 00:18:12,359 Speaker 1: think most people, if we really want to cut to 344 00:18:12,440 --> 00:18:14,560 Speaker 1: the chase, I think we're all wrapped up in our 345 00:18:14,600 --> 00:18:18,520 Speaker 1: own lives. Okay, you're a transgender, that's you're an adult. 346 00:18:18,640 --> 00:18:21,159 Speaker 1: You've made your decision based on what you believe is 347 00:18:21,240 --> 00:18:24,600 Speaker 1: right for you, and I think that most people probably 348 00:18:25,160 --> 00:18:28,680 Speaker 1: are pretty accepting of it. Maybe occasionally, you know, you 349 00:18:28,800 --> 00:18:32,040 Speaker 1: meet some jackass, but they're jack I meet jackasses that 350 00:18:32,119 --> 00:18:34,240 Speaker 1: hate my guts and they have no problem telling me 351 00:18:34,440 --> 00:18:37,960 Speaker 1: that they hate my guts. But I'm betting that most 352 00:18:38,040 --> 00:18:41,359 Speaker 1: people are pretty accepting of it and they leave you alone. 353 00:18:41,600 --> 00:18:45,200 Speaker 1: Is that right or wrong? That's perfect? I think. Ever 354 00:18:45,280 --> 00:18:49,000 Speaker 1: since Biden took office in right after he declared war 355 00:18:49,119 --> 00:18:53,480 Speaker 1: on fossil fuels, he started, well, all the transgender rights, 356 00:18:53,720 --> 00:18:56,080 Speaker 1: we're gonna do this. He threw us right into the 357 00:18:56,200 --> 00:19:00,040 Speaker 1: center spring. He put the spotlight us on us, and 358 00:19:00,240 --> 00:19:03,240 Speaker 1: that created like, oh, you're you're shoving an agenda down 359 00:19:03,320 --> 00:19:06,400 Speaker 1: anyone's throat, which we're really not. We're trying to live 360 00:19:06,480 --> 00:19:09,359 Speaker 1: our lives quietly. And then they double down with a 361 00:19:09,520 --> 00:19:13,760 Speaker 1: social engineered learning with the LGBT issues in school. I'm 362 00:19:13,800 --> 00:19:16,960 Speaker 1: totally against that too. And then Rachel, do you think 363 00:19:17,000 --> 00:19:19,920 Speaker 1: it's age appropriate to be talking about gender identity in 364 00:19:20,040 --> 00:19:23,080 Speaker 1: grade school? Because I don't know. Hey, it's no I 365 00:19:23,200 --> 00:19:26,720 Speaker 1: agree with you, sir. And Plus, introducing a gender ideology 366 00:19:26,880 --> 00:19:31,679 Speaker 1: making think trains is cool, that's totally not. It's totally 367 00:19:31,800 --> 00:19:36,080 Speaker 1: different from gender dysphoria. I wouldn't wish gender dysphoria on anyone. 368 00:19:36,440 --> 00:19:40,000 Speaker 1: And why are we introducing young kids to this? They're 369 00:19:40,040 --> 00:19:41,919 Speaker 1: not help me. Let me ask you one other question. 370 00:19:42,119 --> 00:19:45,400 Speaker 1: What do you think about people born biologically as men 371 00:19:45,680 --> 00:19:48,719 Speaker 1: competing in women's sports like Leah Thomas? Oh is it Thompson? 372 00:19:48,880 --> 00:19:52,120 Speaker 1: I think it's Thompson, Leah Thomas. Sorry Leah Thomas, Leah Thomas. 373 00:19:52,600 --> 00:19:56,800 Speaker 1: I happen to be an athlete in my sport pre transition. 374 00:19:57,000 --> 00:20:00,600 Speaker 1: I'm probably the most accomplished athlete in the trans before 375 00:20:00,680 --> 00:20:05,159 Speaker 1: we transition. I think something has to be done. I think, um, 376 00:20:05,560 --> 00:20:10,000 Speaker 1: what is it? For example, Bruce when Caitlyn Jenner, Remember 377 00:20:10,080 --> 00:20:12,159 Speaker 1: when when Caitlin was Bruce, I mean there was no 378 00:20:12,280 --> 00:20:15,520 Speaker 1: greater athlete in the world winning the decathalon. I mean 379 00:20:15,600 --> 00:20:19,040 Speaker 1: he was phenomenal. She has said to me that I 380 00:20:19,119 --> 00:20:21,639 Speaker 1: don't really care what your testosteron levels are. Now, what 381 00:20:21,840 --> 00:20:25,359 Speaker 1: were they when you were going through puberty? And then 382 00:20:25,480 --> 00:20:29,080 Speaker 1: she said I could compete in professional golf tournaments. Caitlyn 383 00:20:29,160 --> 00:20:31,160 Speaker 1: Jenner loves to play golf, but I drive the ball 384 00:20:31,200 --> 00:20:36,080 Speaker 1: two two ninety yards. Um, I would have advantage because 385 00:20:36,200 --> 00:20:38,879 Speaker 1: I was biologically born a man. Do you agree with 386 00:20:38,960 --> 00:20:41,720 Speaker 1: that because at that point, now Title nine comes into 387 00:20:41,800 --> 00:20:47,520 Speaker 1: effect taking away opportunities for girls sports, which Title nine 388 00:20:47,680 --> 00:20:51,280 Speaker 1: sought to address. To me, it's not really that complicated. 389 00:20:51,560 --> 00:20:55,040 Speaker 1: I think it gives an unfair advantage based on what 390 00:20:55,200 --> 00:20:58,639 Speaker 1: Kaitlyn has said. Well, you're seeing in some sports they 391 00:20:58,720 --> 00:21:01,159 Speaker 1: make the way time longer. In my sport, you now 392 00:21:01,320 --> 00:21:06,440 Speaker 1: have to send your sport bowling. Really, you're a good bowler. 393 00:21:06,920 --> 00:21:10,000 Speaker 1: I been on a national championship team. I'm in for 394 00:21:10,119 --> 00:21:15,119 Speaker 1: different bowling Hall of Fames. That's amazing. Congratulations. But you know, 395 00:21:15,160 --> 00:21:16,320 Speaker 1: when I was a kid, I used to be a 396 00:21:16,400 --> 00:21:18,560 Speaker 1: good pitcher, and I used to be a decent bowl 397 00:21:18,680 --> 00:21:21,280 Speaker 1: I can't I throw a gutter ball now I can't 398 00:21:21,320 --> 00:21:23,840 Speaker 1: even throw it anymore because of all my martial arts 399 00:21:23,920 --> 00:21:27,160 Speaker 1: training and all bolt up to So where'd you grow 400 00:21:27,200 --> 00:21:29,280 Speaker 1: up bowling? I bowl a lot of tournaments in that 401 00:21:29,680 --> 00:21:31,800 Speaker 1: just locally is a kid I used to you know, 402 00:21:32,080 --> 00:21:34,240 Speaker 1: at school they take us once a week. Anyway, Look, 403 00:21:34,240 --> 00:21:37,200 Speaker 1: I appreciate your call and more importantly, you know, just 404 00:21:37,359 --> 00:21:40,679 Speaker 1: common sense. I think people get very offended when they 405 00:21:40,800 --> 00:21:44,840 Speaker 1: feel like that that people with an agenda, like, for example, 406 00:21:44,920 --> 00:21:47,119 Speaker 1: there might be parents that have very different views on 407 00:21:47,160 --> 00:21:50,240 Speaker 1: the issue of gender identity than you do and how 408 00:21:50,280 --> 00:21:52,320 Speaker 1: they want to teach their kids. It's not the school 409 00:21:52,400 --> 00:21:56,160 Speaker 1: district's responsibility in my view, to do that. Their job 410 00:21:56,280 --> 00:21:59,760 Speaker 1: is reading, writing, math, science, computers, and if they want 411 00:21:59,800 --> 00:22:02,320 Speaker 1: to do classes after school, the kids can opt into 412 00:22:02,480 --> 00:22:04,920 Speaker 1: of talk about these issues. I'm fine with that, but 413 00:22:05,119 --> 00:22:09,200 Speaker 1: don't take away precious education time, especially with our kids 414 00:22:09,280 --> 00:22:12,840 Speaker 1: failing to meet you know, basic core standards in most 415 00:22:12,920 --> 00:22:15,920 Speaker 1: public schools in America. So anyway, but we appreciate you 416 00:22:16,040 --> 00:22:17,960 Speaker 1: being out there. Thanks for your call, Christine. Thank you. 417 00:22:18,960 --> 00:22:21,760 Speaker 1: Brenda in New Mexico is next, Brenda? How are you 418 00:22:21,840 --> 00:22:24,680 Speaker 1: glad you called? I'm kay Sean. How about yourself? I'm good, 419 00:22:24,760 --> 00:22:28,879 Speaker 1: thank you, yamm good. I was listening yesterday about Gavin 420 00:22:28,960 --> 00:22:31,680 Speaker 1: Newsom and I wanted to just touch base on the 421 00:22:31,720 --> 00:22:36,320 Speaker 1: apocrisy of his energy. We're contractors and we recently were 422 00:22:36,359 --> 00:22:41,119 Speaker 1: working out at a coal powered plant electricity plant, and 423 00:22:41,760 --> 00:22:44,800 Speaker 1: I was questioning them on where this power was actually 424 00:22:44,920 --> 00:22:48,000 Speaker 1: going to and the answer was California. And I said, well, 425 00:22:48,040 --> 00:22:51,000 Speaker 1: I thought we weren't going to do this in California. 426 00:22:51,240 --> 00:22:53,240 Speaker 1: And I found out that they have a twenty year 427 00:22:53,320 --> 00:22:57,000 Speaker 1: contract with the State of California to get our coal 428 00:22:57,240 --> 00:23:02,240 Speaker 1: powered electricity to them, which I mean, the hypocrisy of bounds, right, 429 00:23:02,520 --> 00:23:05,000 Speaker 1: But I mean, what choice do they have. They already 430 00:23:05,040 --> 00:23:09,359 Speaker 1: have rolling brownouts, you know, in California, and we've not 431 00:23:09,600 --> 00:23:13,720 Speaker 1: updated our electric grid or added to it because environmental extremists. 432 00:23:14,000 --> 00:23:16,359 Speaker 1: You know. One of the most interesting stories today that 433 00:23:16,480 --> 00:23:18,960 Speaker 1: nobody will pay any attention to that has a lot 434 00:23:19,040 --> 00:23:22,560 Speaker 1: to do with the economy, has to do with with 435 00:23:22,880 --> 00:23:27,679 Speaker 1: Vladimir Putin and his policies as it relates to energy 436 00:23:28,240 --> 00:23:32,600 Speaker 1: with Western Europe, and they're now they have cut back 437 00:23:32,800 --> 00:23:36,920 Speaker 1: eighty percent. They have reduced by eighty percent the flow 438 00:23:37,000 --> 00:23:40,880 Speaker 1: of natural gas into Western Europe. Now you would think 439 00:23:40,920 --> 00:23:44,359 Speaker 1: that that might be a warning sign to America, don't 440 00:23:44,440 --> 00:23:48,520 Speaker 1: give up your energy independence. Like they mothballed in Germany. 441 00:23:49,080 --> 00:23:54,119 Speaker 1: They mothballed all of their cold fire electric grid and 442 00:23:54,320 --> 00:23:58,000 Speaker 1: became reliant on a hostile regime Russia, a hostile act 443 00:23:58,040 --> 00:24:02,639 Speaker 1: of Vladimir Putin. They did multi billion dollar deals for 444 00:24:03,000 --> 00:24:06,320 Speaker 1: natural gas and energy from Putin. Now Putin is mad 445 00:24:06,400 --> 00:24:09,760 Speaker 1: that they're supporting Ukraine, and now he's shut off the spicket, 446 00:24:10,320 --> 00:24:15,920 Speaker 1: and now Germany is scrambling to get an electric grid 447 00:24:16,000 --> 00:24:19,000 Speaker 1: that they find reliable. The smart thing would be for 448 00:24:19,200 --> 00:24:22,280 Speaker 1: us to be providing their natural gas needs, considering we 449 00:24:22,359 --> 00:24:26,280 Speaker 1: have hundreds of years worth of resources available in this country. 450 00:24:26,359 --> 00:24:29,680 Speaker 1: We are we are the Middle East of natural gas. 451 00:24:29,840 --> 00:24:31,640 Speaker 1: We have so much of it. You know, we would 452 00:24:31,680 --> 00:24:34,120 Speaker 1: be able to help them out and their time and need. 453 00:24:34,240 --> 00:24:39,200 Speaker 1: But unfortunately New Green dealism, climate alarmist cultism won't allow 454 00:24:39,320 --> 00:24:40,960 Speaker 1: us to do it. We'd get so rich as a 455 00:24:41,040 --> 00:24:43,240 Speaker 1: country we would never have to worry about a recession. 456 00:24:43,560 --> 00:24:46,160 Speaker 1: Any American that wanted a high paying career job would 457 00:24:46,200 --> 00:24:49,320 Speaker 1: get one. We wouldn't need any neat New Green Deal 458 00:24:49,400 --> 00:24:52,400 Speaker 1: and government guaranteed wages because the wages would be high. 459 00:24:52,680 --> 00:24:54,679 Speaker 1: But we're too stupid to do it. We are about 460 00:24:54,720 --> 00:24:57,800 Speaker 1: to make the same mistake Western Europe made. And that's 461 00:24:58,680 --> 00:25:03,800 Speaker 1: Joe dealing with a Ran, Russia, Venezuela, Saudi Arabia OPEC. 462 00:25:04,040 --> 00:25:05,919 Speaker 1: We don't need to do business with them. We've got 463 00:25:06,160 --> 00:25:10,240 Speaker 1: hundreds of years worth of energy supplies right here in 464 00:25:10,359 --> 00:25:13,600 Speaker 1: the good old USA. It's good for national security, it's 465 00:25:13,640 --> 00:25:17,560 Speaker 1: good for job creation. It would automatically reduce the price 466 00:25:17,760 --> 00:25:20,520 Speaker 1: of energy to heat and cool your home, the price 467 00:25:20,600 --> 00:25:22,760 Speaker 1: of the pump, and the price of every item you 468 00:25:22,840 --> 00:25:24,720 Speaker 1: buy in every store you go to, and it would 469 00:25:24,800 --> 00:25:27,480 Speaker 1: reduce some plation dramatically. But they're never going to do that. 470 00:25:27,840 --> 00:25:31,600 Speaker 1: For some reason, they've convinced themselves that it's okay if 471 00:25:31,680 --> 00:25:35,080 Speaker 1: we pay, or as Pete Budhaja says, you know, the 472 00:25:35,200 --> 00:25:37,560 Speaker 1: more people pay, the higher the cost, the more benefit. 473 00:25:37,800 --> 00:25:40,640 Speaker 1: There's no more benefit here, there's no benefit at all 474 00:25:41,200 --> 00:25:44,720 Speaker 1: because they don't have the technology you know, in the 475 00:25:44,880 --> 00:25:49,000 Speaker 1: foreseeable future defined by the next decade, or too easy 476 00:25:49,320 --> 00:25:53,760 Speaker 1: to replace the power grid with renewable energy. So now 477 00:25:54,000 --> 00:25:57,200 Speaker 1: we're all stuck paying the price because of their adherence 478 00:25:57,240 --> 00:25:59,800 Speaker 1: to their religious cult and we're all paying a big 479 00:26:00,000 --> 00:26:02,440 Speaker 1: ice for it. But that's the only reason we're suffering, 480 00:26:02,560 --> 00:26:07,240 Speaker 1: because their decision to get off of fossil fuels. But 481 00:26:07,400 --> 00:26:10,879 Speaker 1: only domestic fossil fuels, not fossil fuels from countries that 482 00:26:10,960 --> 00:26:13,800 Speaker 1: hate our guts, from hostile regimes. It makes no sense. 483 00:26:14,560 --> 00:26:17,040 Speaker 1: It does make no sense. And at the same time, 484 00:26:17,160 --> 00:26:21,000 Speaker 1: while he's over baking Saudi Arabia, Venezuela and everybody else 485 00:26:21,119 --> 00:26:29,080 Speaker 1: for oil, he's selling our oil to China's strategic preserve oil, 486 00:26:29,240 --> 00:26:32,800 Speaker 1: which is for strategically for emergencies. I think it was 487 00:26:32,840 --> 00:26:35,800 Speaker 1: Steve Moore made the point earlier this hour. What happens 488 00:26:35,800 --> 00:26:39,160 Speaker 1: if a hurricane knocks out one of our refineries. We're screwed. 489 00:26:39,800 --> 00:26:41,840 Speaker 1: And by the way we're heading in the hurricane season, 490 00:26:42,080 --> 00:26:45,160 Speaker 1: could happen. It happen easily. You know, we haven't built 491 00:26:45,200 --> 00:26:48,360 Speaker 1: a refinery in this country in three decades or more, 492 00:26:48,760 --> 00:26:52,680 Speaker 1: and that's another big mistake we've made. Anyway, Brenda, thank you. 493 00:26:52,800 --> 00:26:55,679 Speaker 1: Good called Greg and Detroit. Greg, How are you all right? 494 00:26:55,760 --> 00:26:58,840 Speaker 1: Greg's not there? Mary in California? What's up? Mary? How 495 00:26:58,920 --> 00:27:01,400 Speaker 1: are you glad you called? Yeah? Hi, thanks for taking 496 00:27:01,520 --> 00:27:06,320 Speaker 1: my call. I'm calling because I live in Los Angeles, California. 497 00:27:07,000 --> 00:27:10,840 Speaker 1: I live under Gavin Newsom, and I'm calling to warn 498 00:27:11,600 --> 00:27:15,560 Speaker 1: every American out there that if he becomes president, the 499 00:27:15,800 --> 00:27:18,760 Speaker 1: crime rate, you will not be able to live in 500 00:27:18,880 --> 00:27:23,560 Speaker 1: this country. Let me tell you, not hearsay, but firsthand, 501 00:27:24,080 --> 00:27:27,760 Speaker 1: what's really happening in Los Angeles. I live in Malado. 502 00:27:28,480 --> 00:27:32,200 Speaker 1: I have three college degrees. Okay, my kid was shot 503 00:27:32,240 --> 00:27:35,919 Speaker 1: in the back. Okay, down the street, neighbor, that kid 504 00:27:36,080 --> 00:27:40,440 Speaker 1: was murdered. Okay, just in a store. They are looting 505 00:27:41,160 --> 00:27:45,640 Speaker 1: all the stores San Francisco, Los Angeleos, Newport, San Diego. 506 00:27:46,240 --> 00:27:49,680 Speaker 1: You can't go to any nice store and just walk in. 507 00:27:50,000 --> 00:27:53,359 Speaker 1: Every store has a guard. Why because there's just throwing 508 00:27:53,480 --> 00:27:58,240 Speaker 1: hammers through the windows, running in taking everything. You can't 509 00:27:58,280 --> 00:28:03,960 Speaker 1: buy anything out here anymore. Okay, homeless. Gavin Newsom is 510 00:28:04,240 --> 00:28:10,920 Speaker 1: one hundred percent responsible for the homeless problem out here. 511 00:28:11,400 --> 00:28:15,800 Speaker 1: There are hundreds of thousands of them. I am very 512 00:28:15,840 --> 00:28:20,399 Speaker 1: well traveled. I just came back from Europe. You America 513 00:28:20,560 --> 00:28:25,480 Speaker 1: has no idea about the homeless problem here. They are everywhere. 514 00:28:25,640 --> 00:28:30,080 Speaker 1: I go to DC quite a bit. Magnify the homeless 515 00:28:30,160 --> 00:28:34,560 Speaker 1: problem out of DC by fifty thousand times. And you 516 00:28:34,640 --> 00:28:37,800 Speaker 1: know why they're not doing the homeless count. They always 517 00:28:37,920 --> 00:28:41,320 Speaker 1: use the cover of COVID. No, they don't want to 518 00:28:41,320 --> 00:28:44,760 Speaker 1: do the homeless count because there are so many of them. 519 00:28:45,040 --> 00:28:48,160 Speaker 1: You go to the beach here, now you see this fight. 520 00:28:48,560 --> 00:28:52,880 Speaker 1: There's no cops, there's nothing. Malibu, they took a machete 521 00:28:53,000 --> 00:28:56,200 Speaker 1: to some poor tourists. Ear you go down to Venice, 522 00:28:56,560 --> 00:29:01,160 Speaker 1: they're shootings all the time. Pacific Power the States, Okay, 523 00:29:01,240 --> 00:29:06,040 Speaker 1: one of the wealthiest neighborhoods. They are actively looting all 524 00:29:06,240 --> 00:29:09,480 Speaker 1: the stores. I was in a store. The guy ran 525 00:29:09,560 --> 00:29:12,760 Speaker 1: in with a gigantic bag, said a bunch of curse words, 526 00:29:12,800 --> 00:29:15,800 Speaker 1: and then took all the sunglasses off the shelf. I 527 00:29:16,040 --> 00:29:19,800 Speaker 1: was sitting there. This is not hearsay. I am living 528 00:29:19,920 --> 00:29:24,920 Speaker 1: a proof that if Gavin Newsom becomes president of the 529 00:29:25,000 --> 00:29:29,400 Speaker 1: United States, it will every single town in this country 530 00:29:29,840 --> 00:29:33,760 Speaker 1: will become what has become of California. And then I 531 00:29:33,800 --> 00:29:36,800 Speaker 1: want to add something. He just pulled a real fast one. 532 00:29:37,360 --> 00:29:40,240 Speaker 1: He just said that now in California, we're going to 533 00:29:40,320 --> 00:29:46,080 Speaker 1: give healthcare to undocumented residents. Okay, And he's trying to say, well, 534 00:29:46,120 --> 00:29:48,360 Speaker 1: that's a good thing, so the hospitals, you know, will 535 00:29:48,400 --> 00:29:53,360 Speaker 1: be reimbursed through federal and state. Do your tax dollars. Basically, well, 536 00:29:53,400 --> 00:29:56,440 Speaker 1: it's not a good thing because number one more will 537 00:29:56,520 --> 00:30:00,520 Speaker 1: just come They don't pay anything into the system, and 538 00:30:00,640 --> 00:30:03,800 Speaker 1: then when you turn fifth year sixty and you need 539 00:30:03,880 --> 00:30:07,320 Speaker 1: the healthcare system, it's not going to be there for you. Okay. 540 00:30:08,000 --> 00:30:13,640 Speaker 1: I want America to really understand something. They hate your guts. 541 00:30:14,280 --> 00:30:21,600 Speaker 1: Come to la come to San Francisco, Newport Beach, San Diego, Riverside, Tahoe. 542 00:30:22,720 --> 00:30:25,520 Speaker 1: They are smash and grab and they're not going to 543 00:30:25,640 --> 00:30:28,160 Speaker 1: do anything about it. And they're not going to do 544 00:30:28,240 --> 00:30:31,360 Speaker 1: anything about it because it gives them control. And if 545 00:30:31,440 --> 00:30:36,600 Speaker 1: that it's not about any other issue. You can't live 546 00:30:36,760 --> 00:30:40,560 Speaker 1: somewhere if you're not safe. Oh you can't say it 547 00:30:40,600 --> 00:30:43,680 Speaker 1: any better than that. You cannot pursue happiness if you 548 00:30:43,720 --> 00:30:47,240 Speaker 1: don't have law and order, safety security. It's that simple, 549 00:31:01,240 --> 00:31:03,400 Speaker 1: all right. Let's gonna wrap things up with today. We 550 00:31:03,520 --> 00:31:07,520 Speaker 1: have two investigations on Hanniday Tonight, Ted Cruz giving US 551 00:31:07,640 --> 00:31:12,960 Speaker 1: exclusive graphic video detailing a Narco slave trade at our 552 00:31:13,160 --> 00:31:17,600 Speaker 1: southern border. It's beyond barbaric, and Ted Cruz says President 553 00:31:17,640 --> 00:31:21,479 Speaker 1: Biden is responsible for quote a plague of slavery. Also, 554 00:31:22,120 --> 00:31:26,480 Speaker 1: Ron Johnson will join US whistleblowers now saying that the Biden, FBI, 555 00:31:26,600 --> 00:31:31,520 Speaker 1: and DJ are burying damning evidence against zero experience hunter Biden. 556 00:31:31,840 --> 00:31:34,240 Speaker 1: We'll look into that. We'll look at the economy with 557 00:31:34,400 --> 00:31:38,200 Speaker 1: Steve Moore, Laura Trump, Pambondi, Mark Meadows, and Jim Jordan. 558 00:31:38,440 --> 00:31:41,800 Speaker 1: Nineties turns, Say DVR, Hannity, Fox, see you tonight, back 559 00:31:41,880 --> 00:31:44,840 Speaker 1: here tomorrow. Thank you for joining us and making this 560 00:31:45,360 --> 00:31:46,560 Speaker 1: show possible.