1 00:00:00,120 --> 00:00:02,120 Speaker 1: There are a lot of headlines today that we're gonna 2 00:00:02,160 --> 00:00:04,360 Speaker 1: have to get through. One, if you're looking to buy 3 00:00:04,400 --> 00:00:07,480 Speaker 1: a gun, you may want to stop before you swipe 4 00:00:07,520 --> 00:00:10,000 Speaker 1: that card. I'll tell you why in a moment. Is 5 00:00:10,520 --> 00:00:15,440 Speaker 1: now big Brother is using big banking to spy on 6 00:00:15,560 --> 00:00:20,680 Speaker 1: your financial transactions. Also, we have some student loan forgiveness 7 00:00:20,880 --> 00:00:23,560 Speaker 1: estimates that it's gonna cost you a lot more than 8 00:00:23,560 --> 00:00:26,960 Speaker 1: they told you before, an average of two thousand, five 9 00:00:27,080 --> 00:00:31,680 Speaker 1: hundred dollars per tax payers. So they can buy votes. 10 00:00:32,280 --> 00:00:35,800 Speaker 1: And this coming as there's a new pull out. The 11 00:00:35,840 --> 00:00:39,960 Speaker 1: majority of voters now say they believe that Joe Biden 12 00:00:40,360 --> 00:00:47,280 Speaker 1: was consulted Joe Biden profited from his son's overseas corrupt 13 00:00:47,800 --> 00:00:51,199 Speaker 1: business dealings. All right, but first I want to tell 14 00:00:51,200 --> 00:00:54,560 Speaker 1: you about the incredible company Patriot Mobile. If you are 15 00:00:54,640 --> 00:00:57,040 Speaker 1: like me and you're sick and tired of giving your 16 00:00:57,160 --> 00:01:01,280 Speaker 1: money to companies that are fighting against your family, fighting 17 00:01:01,280 --> 00:01:04,200 Speaker 1: against your First and Second Amendment rights, trying to indoctrinate 18 00:01:04,240 --> 00:01:07,319 Speaker 1: your kids, then you need to make the switch to 19 00:01:07,440 --> 00:01:11,920 Speaker 1: the only Christian conservative cell phone company in the US. Now, 20 00:01:11,920 --> 00:01:14,800 Speaker 1: they're not just a company that is a Christian conservative company. 21 00:01:14,959 --> 00:01:17,280 Speaker 1: They actually take a part of your bill every month 22 00:01:17,280 --> 00:01:20,320 Speaker 1: when you pay, and they use that money to fight 23 00:01:20,880 --> 00:01:24,640 Speaker 1: for our first, our Second Amendment rights. They use it 24 00:01:24,680 --> 00:01:28,520 Speaker 1: to fight for the sanctity of life and for adoption services. 25 00:01:28,680 --> 00:01:31,720 Speaker 1: After we have had this big victory with Roe v Wade. 26 00:01:32,200 --> 00:01:35,520 Speaker 1: This is a company that's on the front lines fighting 27 00:01:35,680 --> 00:01:38,880 Speaker 1: for our freedoms. That's why I want you to make 28 00:01:38,880 --> 00:01:41,360 Speaker 1: the switch to Patriot Mobile, because every time you use 29 00:01:41,360 --> 00:01:44,320 Speaker 1: your phone, you're going to be making a difference on 30 00:01:44,360 --> 00:01:47,800 Speaker 1: these important issues. Now, it doesn't matter what your budget is. 31 00:01:48,000 --> 00:01:53,200 Speaker 1: Patriot Mobile has incredible plans nationwide coverage that will work 32 00:01:53,320 --> 00:01:58,520 Speaker 1: with your budget. So go to Patriotmobile dot com slash 33 00:01:58,640 --> 00:02:01,200 Speaker 1: ferguson and get in the fight and stand with a 34 00:02:01,240 --> 00:02:04,000 Speaker 1: company that's fighting for your values. You can also call 35 00:02:04,040 --> 00:02:08,639 Speaker 1: them right now nine seven two Patriot. That's nine seven 36 00:02:08,680 --> 00:02:10,480 Speaker 1: two Patriot. Now. All you gotta do is use the 37 00:02:10,480 --> 00:02:16,200 Speaker 1: promo code ferguson to get free activation. Plus special discounts 38 00:02:16,240 --> 00:02:20,200 Speaker 1: are available for all veterans and first responders. So join 39 00:02:20,400 --> 00:02:24,239 Speaker 1: the movement and make the switch today. Patriot Mobile dot 40 00:02:24,240 --> 00:02:28,720 Speaker 1: com slash ferguson, Patriot Mobile dot com slash ferguson, or 41 00:02:28,840 --> 00:02:33,560 Speaker 1: call nine seven two patriot. Now, I want to get 42 00:02:33,639 --> 00:02:37,239 Speaker 1: back to this student loan aspect first, so you understand 43 00:02:37,320 --> 00:02:40,320 Speaker 1: how expensive and how much this is going to cost you. 44 00:02:41,200 --> 00:02:46,440 Speaker 1: Joe Biden's plan to cancel up to twenty thousand dollars 45 00:02:46,440 --> 00:02:50,720 Speaker 1: in student loan debt per person will cost taxpayers an 46 00:02:50,720 --> 00:02:54,280 Speaker 1: average of more than two thousand, five hundred per year, 47 00:02:55,120 --> 00:03:00,520 Speaker 1: according to the National Taxpayers Union Foundation. The National Taxpayers 48 00:03:00,600 --> 00:03:05,880 Speaker 1: Union Foundation estimates that debt cancelation could cost between three 49 00:03:05,960 --> 00:03:10,200 Speaker 1: hundred and eighty six billion to four hundred and five billion, 50 00:03:10,720 --> 00:03:14,640 Speaker 1: and the total net cost to the taxpayers that works 51 00:03:14,680 --> 00:03:18,440 Speaker 1: out to be an average of a tax increase per 52 00:03:18,560 --> 00:03:22,840 Speaker 1: taxpayer of two thousand, five hundred three dollars and twenty 53 00:03:22,919 --> 00:03:27,560 Speaker 1: two cents in tax increases per year for you to 54 00:03:27,639 --> 00:03:32,480 Speaker 1: pay off someone else's student loan debt. Betsy Divos came 55 00:03:32,520 --> 00:03:36,960 Speaker 1: out and reminded the American people this week the debt cancelation, 56 00:03:37,120 --> 00:03:40,800 Speaker 1: that's exactly what this is is a totally illegal act 57 00:03:41,400 --> 00:03:44,960 Speaker 1: coming from the US government. Well Sean, first of all, 58 00:03:44,960 --> 00:03:47,760 Speaker 1: it's a totally illegal act on the part of the president. 59 00:03:47,840 --> 00:03:50,280 Speaker 1: He has no legal authority to just go wave a 60 00:03:50,360 --> 00:03:55,040 Speaker 1: magic wand and forgive billions of dollars in student loan debt. Secondly, 61 00:03:55,400 --> 00:03:59,240 Speaker 1: as we've talked about frequently, this is simply not fair. 62 00:03:59,680 --> 00:04:02,160 Speaker 1: It's not fair to two out of three Americans who 63 00:04:02,200 --> 00:04:05,440 Speaker 1: never went to college or took out student loans. And 64 00:04:05,520 --> 00:04:07,960 Speaker 1: it's not fair to those students who have faithfully paid 65 00:04:08,040 --> 00:04:12,200 Speaker 1: off their student debt and for those veterans who earned 66 00:04:12,240 --> 00:04:16,800 Speaker 1: their tuition. All of this boils down to a totally 67 00:04:16,960 --> 00:04:21,000 Speaker 1: unfair move that is just a political payoff in hopes 68 00:04:21,000 --> 00:04:26,840 Speaker 1: of getting votes this fall. It is unconscionable. Students have 69 00:04:26,600 --> 00:04:30,760 Speaker 1: been haven't been paying on their loans since the pandemics started, 70 00:04:31,080 --> 00:04:35,080 Speaker 1: and that alan has cost American taxpayers billions and billions 71 00:04:35,080 --> 00:04:39,400 Speaker 1: of dollars. Now, what she's referencing with the billions of 72 00:04:39,480 --> 00:04:43,039 Speaker 1: dollars that she said it's additional for the taxpayer is 73 00:04:43,080 --> 00:04:47,720 Speaker 1: the fact that we had paused the repayment now for 74 00:04:47,839 --> 00:04:52,440 Speaker 1: several years with low unemployment by the way, and a 75 00:04:52,560 --> 00:04:57,240 Speaker 1: quote robust economy. That's how the White House described the economy. 76 00:04:57,360 --> 00:05:00,719 Speaker 1: Right now, we pause people from paying their student loan 77 00:05:00,839 --> 00:05:03,880 Speaker 1: debts now for years now. During that time, they were 78 00:05:03,880 --> 00:05:07,400 Speaker 1: still using things like Netflix, right These people were still 79 00:05:08,120 --> 00:05:12,680 Speaker 1: out there buying new iPhones and going on vacations and 80 00:05:12,800 --> 00:05:17,000 Speaker 1: having a grand old life. As the government stepped in 81 00:05:17,480 --> 00:05:21,040 Speaker 1: and treated them like infant children, people were still buying 82 00:05:21,160 --> 00:05:25,599 Speaker 1: cars at record rates, homes at record rates while not 83 00:05:25,760 --> 00:05:28,960 Speaker 1: paying on their student loan debts. Now, the interest on 84 00:05:29,000 --> 00:05:31,919 Speaker 1: those student loan debts did not pause during that time, 85 00:05:32,600 --> 00:05:36,520 Speaker 1: So we have added to those student loans billions upon 86 00:05:36,760 --> 00:05:40,400 Speaker 1: billions of dollars in interest. Right, because everybody in the 87 00:05:40,480 --> 00:05:44,800 Speaker 1: country virtually stopped paying on their student loans, and when 88 00:05:44,839 --> 00:05:49,440 Speaker 1: they did that, the interest still kept accruing. These are real, legitimate, 89 00:05:49,640 --> 00:05:56,360 Speaker 1: private loans that private individuals chose to take out to 90 00:05:56,400 --> 00:05:59,920 Speaker 1: go to college. And that's why the number is much 91 00:06:00,200 --> 00:06:05,719 Speaker 1: higher now than anyone is willing to admit. Even Fox 92 00:06:05,760 --> 00:06:10,880 Speaker 1: News No Cavudo decide to throw down with one of 93 00:06:10,880 --> 00:06:16,080 Speaker 1: those on the left about forgiving student loan debt Democratic congressman, 94 00:06:16,440 --> 00:06:19,200 Speaker 1: and he said it the right way, like, look, there's 95 00:06:19,240 --> 00:06:22,039 Speaker 1: no such thing as forgiving debt. You're you're making and 96 00:06:22,120 --> 00:06:26,159 Speaker 1: forcing other people to pay off other people's debt. That 97 00:06:26,320 --> 00:06:28,599 Speaker 1: is not the way that the debt is supposed to 98 00:06:28,640 --> 00:06:31,919 Speaker 1: work in this country. Right, Republicans and Democrats have gotten 99 00:06:31,960 --> 00:06:34,480 Speaker 1: us knee deep in all this read, I just wonder 100 00:06:34,720 --> 00:06:36,520 Speaker 1: how are we going to dig out of it? Because 101 00:06:36,560 --> 00:06:40,840 Speaker 1: your goals are always are altruistic, very good and well intended, 102 00:06:41,240 --> 00:06:43,760 Speaker 1: but we can't afford them. And I don't see any 103 00:06:43,800 --> 00:06:46,440 Speaker 1: effort to try to rein that in. I don't see 104 00:06:46,480 --> 00:06:49,080 Speaker 1: any effort to try to remind people that when you 105 00:06:49,200 --> 00:06:51,640 Speaker 1: sign on a dotted line to pay someone back and 106 00:06:51,760 --> 00:06:54,760 Speaker 1: the government absolves you of that, what else will it 107 00:06:54,760 --> 00:06:58,240 Speaker 1: absolve you of? And what else will it spend money on? 108 00:06:58,279 --> 00:07:00,919 Speaker 1: And what else will it drag us into the red? 109 00:07:01,200 --> 00:07:03,480 Speaker 1: And then hanging on the notion that maybe if you 110 00:07:03,640 --> 00:07:06,200 Speaker 1: tax rich guys to the full health, you'll be able 111 00:07:06,240 --> 00:07:08,440 Speaker 1: to pay the bill, when you know, the math just 112 00:07:08,600 --> 00:07:12,280 Speaker 1: doesn't add up. By the way, everything Neil Kovudo just 113 00:07:12,320 --> 00:07:15,960 Speaker 1: said they're is spot on right? What else? What's next? Right? 114 00:07:16,000 --> 00:07:19,360 Speaker 1: Why pay on anything? Why pay for anything? Why paid 115 00:07:19,440 --> 00:07:22,160 Speaker 1: on any debt? Now I'm angry because not only are 116 00:07:22,200 --> 00:07:25,360 Speaker 1: you raising my taxes by two thousand, five hundred dollars 117 00:07:25,360 --> 00:07:27,640 Speaker 1: a year to pay for this for me to pay 118 00:07:27,680 --> 00:07:30,400 Speaker 1: for someone else going to college and someone else deciding 119 00:07:30,640 --> 00:07:33,600 Speaker 1: to take out a student loan debt. Remember, college is 120 00:07:33,600 --> 00:07:35,560 Speaker 1: not a right, it's a privilege, and you get to 121 00:07:35,560 --> 00:07:38,080 Speaker 1: decide if you're gonna go for free or not, depending 122 00:07:38,080 --> 00:07:39,880 Speaker 1: on how hard you're willing to work at sports or 123 00:07:39,880 --> 00:07:44,280 Speaker 1: extra creeco activities or academics. Or you get to decide 124 00:07:44,280 --> 00:07:46,520 Speaker 1: if you want to go to community college and get 125 00:07:46,640 --> 00:07:49,160 Speaker 1: and get that and then move on to other things 126 00:07:49,280 --> 00:07:51,280 Speaker 1: right and then transfer in, or if you want to 127 00:07:51,280 --> 00:07:53,640 Speaker 1: go to college and party. A lot of the student 128 00:07:53,680 --> 00:07:56,640 Speaker 1: loan debt that you're now forcing me to pay for 129 00:07:57,920 --> 00:08:02,400 Speaker 1: is student loan debt. That is eerie. Responsible student loan debt. 130 00:08:03,640 --> 00:08:05,240 Speaker 1: That's the only way I know how to describe it. 131 00:08:05,240 --> 00:08:12,080 Speaker 1: It's irresponsible student loan debt. People went failed out party, 132 00:08:12,080 --> 00:08:15,880 Speaker 1: their abs is off, and now they're forcing me to 133 00:08:16,160 --> 00:08:20,320 Speaker 1: pay for it. It's a problem. And Neil Cavuto was 134 00:08:20,360 --> 00:08:23,200 Speaker 1: saying that to the congressman. But don't worry. The congressman's smart. 135 00:08:23,280 --> 00:08:26,040 Speaker 1: He understands this is not about what's fair. He didn't 136 00:08:26,080 --> 00:08:28,400 Speaker 1: give a crap if he raises your taxes twenty five 137 00:08:28,440 --> 00:08:32,040 Speaker 1: hundred dollars a year to pay for someone else's either irresponsibility. 138 00:08:32,840 --> 00:08:34,880 Speaker 1: And there's another side of the student loan debt that 139 00:08:34,920 --> 00:08:39,240 Speaker 1: I have to mention. We have made these loans so 140 00:08:39,320 --> 00:08:43,679 Speaker 1: easy for people to pay them back that many multi 141 00:08:43,880 --> 00:08:49,400 Speaker 1: multimillionaires still have six figures in student loan debt. I 142 00:08:49,520 --> 00:08:52,720 Speaker 1: have genuine, dear friends who are doing nothing wrong. They're 143 00:08:52,760 --> 00:08:55,480 Speaker 1: playing by the rules that the government has decided to 144 00:08:55,520 --> 00:08:59,760 Speaker 1: interfere with the private sector and with banking and mandates 145 00:09:00,120 --> 00:09:04,000 Speaker 1: on student loans. That I have friends that are actually multimillionaires. 146 00:09:04,080 --> 00:09:08,120 Speaker 1: I have friends that have private planes and helicopters and 147 00:09:08,520 --> 00:09:11,760 Speaker 1: third homes and fourth homes who have not paid off 148 00:09:11,760 --> 00:09:13,840 Speaker 1: their student loan debt because there is no incentive to 149 00:09:13,920 --> 00:09:16,880 Speaker 1: pay it off. Let me explain why the interest rate 150 00:09:16,960 --> 00:09:21,080 Speaker 1: is incredibly low. Number one, you can invest that money 151 00:09:21,200 --> 00:09:24,160 Speaker 1: in the markets or into something else and make more 152 00:09:24,200 --> 00:09:27,319 Speaker 1: money than it's worth paying off the student loan debt. 153 00:09:27,559 --> 00:09:30,360 Speaker 1: That's number one. Number two, we have made student loan 154 00:09:30,440 --> 00:09:35,920 Speaker 1: debts where they are forgivable when you die. So if 155 00:09:35,920 --> 00:09:38,319 Speaker 1: you have an estate that has a billion dollars, I'll 156 00:09:38,360 --> 00:09:41,640 Speaker 1: give you another example. Elon Musk, if he still had 157 00:09:41,679 --> 00:09:44,040 Speaker 1: student loan debt, and it is the type of student 158 00:09:44,040 --> 00:09:47,320 Speaker 1: loan debt at nine point nine percent of Americans carry it, 159 00:09:47,440 --> 00:09:51,199 Speaker 1: when he dies, his student loan debt would be forgiven 160 00:09:51,280 --> 00:09:54,680 Speaker 1: Bill Gates the same way any rich person out there, 161 00:09:54,720 --> 00:09:57,320 Speaker 1: it would be forgiven. There is no incentive for wealthy 162 00:09:57,360 --> 00:09:59,120 Speaker 1: people to pay off their student loan debt. Now, I 163 00:09:59,200 --> 00:10:03,080 Speaker 1: was stupid, I admit it. I was young, dumb, and naive, 164 00:10:03,200 --> 00:10:07,280 Speaker 1: and I actually believed that my student loan debt was 165 00:10:07,600 --> 00:10:12,559 Speaker 1: my responsibility to pay off. I got my first my 166 00:10:13,200 --> 00:10:15,679 Speaker 1: first big check in life was from my advance on 167 00:10:15,760 --> 00:10:19,640 Speaker 1: my book, and I wrote that book my senior year 168 00:10:19,640 --> 00:10:21,560 Speaker 1: in college, and the first thing I did was pay 169 00:10:21,600 --> 00:10:25,760 Speaker 1: off student loan debt. I got my second check, pay 170 00:10:25,880 --> 00:10:29,679 Speaker 1: my taxes right, and then the rest of my student loans. 171 00:10:29,720 --> 00:10:32,560 Speaker 1: So I came out of college with no student loan debt. 172 00:10:33,760 --> 00:10:37,120 Speaker 1: I was dumb because I didn't realize that that was 173 00:10:37,200 --> 00:10:39,559 Speaker 1: what you referred to many referred to in the financial 174 00:10:39,559 --> 00:10:42,160 Speaker 1: industry as good debt. Right. It's it's it's low risk 175 00:10:42,280 --> 00:10:45,280 Speaker 1: or no risk to you, the interest rates extremely low. 176 00:10:45,360 --> 00:10:49,280 Speaker 1: Hell they'll can't, They'll pause your debt for years, and 177 00:10:49,440 --> 00:10:52,360 Speaker 1: that money can be used in other ways, which is 178 00:10:52,400 --> 00:10:55,000 Speaker 1: exactly what we are witnessing right now. It's what we 179 00:10:55,040 --> 00:11:01,040 Speaker 1: are seeing literally right now now. No one conceptualized when 180 00:11:01,040 --> 00:11:06,360 Speaker 1: I graduated or twenty four, No one could have conceptualized 181 00:11:06,400 --> 00:11:10,520 Speaker 1: that someone would actually in our government force other people 182 00:11:10,640 --> 00:11:15,360 Speaker 1: to pay off the debt of other individuals. And you're 183 00:11:15,360 --> 00:11:18,480 Speaker 1: going to be paying off millionaire and literally billionaire student 184 00:11:18,480 --> 00:11:22,440 Speaker 1: loan debt the majority of doctors. In fact, the longer 185 00:11:22,480 --> 00:11:25,920 Speaker 1: they are in school, the more debt they probably had. 186 00:11:26,320 --> 00:11:30,520 Speaker 1: I have friends that are doctors who ended up taking 187 00:11:30,559 --> 00:11:34,160 Speaker 1: out maximum loans for living expenses. You're going to now 188 00:11:34,200 --> 00:11:37,640 Speaker 1: pay for their life. Right, Many doctors towards the end 189 00:11:37,679 --> 00:11:41,640 Speaker 1: would max out their student loans because they were ready 190 00:11:41,640 --> 00:11:44,240 Speaker 1: to start living a better quality of life. They would 191 00:11:44,240 --> 00:11:47,240 Speaker 1: pay for vacations. They even would use that money to 192 00:11:47,280 --> 00:11:49,440 Speaker 1: pay for a car. Some of them I know use 193 00:11:49,520 --> 00:11:51,040 Speaker 1: it for a down payment of house because it was 194 00:11:51,080 --> 00:11:53,880 Speaker 1: such cheap debt and they knew they were going to 195 00:11:53,920 --> 00:11:55,680 Speaker 1: make a bunch of money when they became a doctor. 196 00:11:55,760 --> 00:11:59,360 Speaker 1: Right when they got out of medical school, they maxed 197 00:11:59,400 --> 00:12:02,760 Speaker 1: out this. Now you're going to pay that off. Just 198 00:12:02,840 --> 00:12:05,680 Speaker 1: get your head around it and think about what I'm saying. 199 00:12:06,840 --> 00:12:08,679 Speaker 1: I want to go back now. You heard what Neil 200 00:12:08,720 --> 00:12:11,319 Speaker 1: Cubudo had to say, and I want you to hear 201 00:12:11,360 --> 00:12:15,280 Speaker 1: the Democratic congressman who's going to explain to you why 202 00:12:15,559 --> 00:12:18,880 Speaker 1: you should be have your taxes raised, because be clear, 203 00:12:19,240 --> 00:12:23,520 Speaker 1: this is a two thousand, five hundred dollar tax increase 204 00:12:23,920 --> 00:12:26,520 Speaker 1: on you as a taxpayer to payoffs to loan debt 205 00:12:26,520 --> 00:12:29,840 Speaker 1: per year. Listen, well, Neil, I think we have to 206 00:12:29,920 --> 00:12:35,119 Speaker 1: distinguish from productive investment to just spending that's not productive. 207 00:12:35,400 --> 00:12:39,440 Speaker 1: I believe that investing in education, investing in vocational training, 208 00:12:39,440 --> 00:12:43,400 Speaker 1: investing inducted to get someone a ten or twenty thousand 209 00:12:43,400 --> 00:12:46,000 Speaker 1: dollars break on their bills, but a lot of other 210 00:12:46,040 --> 00:12:49,040 Speaker 1: people no break on their bills. How was it productive 211 00:12:49,360 --> 00:12:52,200 Speaker 1: for others who aren't getting a penny of this to 212 00:12:52,480 --> 00:12:56,559 Speaker 1: underwrite that loan forgiveness when they did everything right, when 213 00:12:56,559 --> 00:12:59,040 Speaker 1: they did everything right, and now pissed off that these 214 00:12:59,080 --> 00:13:03,080 Speaker 1: people are the fruit of their bounty. Well they they 215 00:13:03,280 --> 00:13:06,120 Speaker 1: they're not underwriting it. If you have progressive taxation on 216 00:13:06,600 --> 00:13:09,679 Speaker 1: your paying for this, Congressmen, debt, but you're payings. You 217 00:13:09,840 --> 00:13:12,880 Speaker 1: increased our credit line or visa credit line. There isn't 218 00:13:12,920 --> 00:13:14,640 Speaker 1: cash paying for this. It's going on a debt. We 219 00:13:14,679 --> 00:13:18,440 Speaker 1: all pay. That debt is payless. You've just increased our 220 00:13:18,480 --> 00:13:21,439 Speaker 1: credit line. But here's the reality, and you know that 221 00:13:21,679 --> 00:13:24,360 Speaker 1: most of these loans weren't being repaid. So what was 222 00:13:24,400 --> 00:13:28,840 Speaker 1: happening The people's credit was being destroyed. This isn't actually, 223 00:13:28,880 --> 00:13:33,640 Speaker 1: that's debt was already there. Now, what we're saying is, okay, 224 00:13:33,640 --> 00:13:36,880 Speaker 1: if you forgive it, you're gonna not destroy people's credit, 225 00:13:36,960 --> 00:13:38,960 Speaker 1: so they can go work, they can get it. So 226 00:13:39,000 --> 00:13:42,320 Speaker 1: they're getting rewarded. They're getting rewarded for holding off on 227 00:13:42,400 --> 00:13:45,960 Speaker 1: paying back those loans. Reward. The guy who's holding back 228 00:13:46,000 --> 00:13:48,880 Speaker 1: on paying his utility of reward, the guy bought a 229 00:13:48,880 --> 00:13:51,000 Speaker 1: car and got in knee deep and didn't realize it. 230 00:13:51,120 --> 00:13:54,240 Speaker 1: So you see what you're opening up here again with them. 231 00:13:54,800 --> 00:13:57,320 Speaker 1: Do you feel differently, Neil, Let's say we were charging 232 00:13:58,000 --> 00:14:00,800 Speaker 1: for years for public high school and then someone came 233 00:14:00,840 --> 00:14:03,000 Speaker 1: along and said, you know what, we should have free 234 00:14:03,000 --> 00:14:05,400 Speaker 1: public high school in this country, and we should forgive 235 00:14:05,440 --> 00:14:07,320 Speaker 1: some of the debt of people who have to pay 236 00:14:07,320 --> 00:14:10,400 Speaker 1: for high school. Would you feel differently? Then, By the way, 237 00:14:10,520 --> 00:14:14,040 Speaker 1: you understand the congressman here, he's now advocating for free college. 238 00:14:14,760 --> 00:14:17,079 Speaker 1: So we've already screwed up public education at the high 239 00:14:17,080 --> 00:14:20,800 Speaker 1: school level. It's a it's a dismal failure nationwide. Right. 240 00:14:20,800 --> 00:14:23,960 Speaker 1: We've fallen behind and reading, writing, and arithmetic and graduation 241 00:14:24,040 --> 00:14:28,080 Speaker 1: rates way behind China and other countries that we're competing against. 242 00:14:28,400 --> 00:14:30,960 Speaker 1: And now what he's doing, since we've screwed that up, 243 00:14:31,040 --> 00:14:35,200 Speaker 1: he's now actually calling for very quietly, right, but he's 244 00:14:35,240 --> 00:14:44,640 Speaker 1: calling for it now. He is calling for free college. 245 00:14:45,000 --> 00:14:47,320 Speaker 1: Now there's nose a thing is free college. He's now 246 00:14:47,360 --> 00:14:51,720 Speaker 1: calling for your taxes to go up indefinitely. He's saying, yeah, 247 00:14:51,760 --> 00:14:54,520 Speaker 1: you got to pay more money. You as a taxpayer, 248 00:14:54,560 --> 00:14:57,080 Speaker 1: have to pay more money. And listen to his closing argument, 249 00:14:57,960 --> 00:15:01,000 Speaker 1: what we're doing, what we're doing is we're doing this 250 00:15:01,160 --> 00:15:03,520 Speaker 1: again with all the right intentions. Aren't going to be wrong. 251 00:15:03,560 --> 00:15:05,640 Speaker 1: I don't think you're an evil person or a tallis 252 00:15:05,800 --> 00:15:08,440 Speaker 1: or an a different person. What you're losing sight of 253 00:15:08,680 --> 00:15:11,200 Speaker 1: is paying for something by opening up a credit line, 254 00:15:11,400 --> 00:15:14,560 Speaker 1: and that bragging about as the administration has bringing our 255 00:15:14,640 --> 00:15:18,040 Speaker 1: deficit down to only a trillion dollars and saying a 256 00:15:18,120 --> 00:15:20,760 Speaker 1: ship has come in and that better than trillion dollars 257 00:15:20,800 --> 00:15:22,840 Speaker 1: that we've brought the deficit down is good enough to 258 00:15:22,840 --> 00:15:25,920 Speaker 1: pay for this, good enough to pay for this? Right, 259 00:15:26,280 --> 00:15:30,239 Speaker 1: it's about buying votes. That's what it's going to cost you, taxpayers, 260 00:15:30,240 --> 00:15:32,720 Speaker 1: your taxes are going to go up two thousand and 261 00:15:32,840 --> 00:15:37,000 Speaker 1: five hundred dollars per year according to the National Taxpayer 262 00:15:37,080 --> 00:15:41,880 Speaker 1: Union Foundation, because of an illegal activity where you are 263 00:15:41,920 --> 00:15:45,760 Speaker 1: going to pay off the debt to the tune of 264 00:15:45,840 --> 00:15:49,200 Speaker 1: four hundred and five billion in net costs to taxpayers 265 00:15:49,240 --> 00:15:54,120 Speaker 1: because all of the interest now other than just the 266 00:15:54,360 --> 00:15:57,400 Speaker 1: high price tag here. The Committee for a Responsible Federal 267 00:15:57,440 --> 00:16:00,800 Speaker 1: Budget is also estimating that the Biden plan would likely 268 00:16:00,880 --> 00:16:05,680 Speaker 1: cost around five hundred billion. The libertarian Kiddo Institute had 269 00:16:05,800 --> 00:16:08,200 Speaker 1: estimates that it would cost four hundred and twenty seven billions. 270 00:16:08,200 --> 00:16:10,120 Speaker 1: So the number I gave you is the lowest of 271 00:16:10,160 --> 00:16:14,240 Speaker 1: the three quote. According to the uneven distribution of tax 272 00:16:14,320 --> 00:16:18,400 Speaker 1: burdens across different income levels, we estimate that low income 273 00:16:18,440 --> 00:16:23,400 Speaker 1: taxpayers making between a dollar and fifty thousand would bear 274 00:16:23,440 --> 00:16:25,520 Speaker 1: an average burden of one hundred ninety dollars a year. 275 00:16:26,160 --> 00:16:30,920 Speaker 1: Taxpayers making between one hundred thousand two hundred thousand would skyrocket. 276 00:16:31,760 --> 00:16:35,480 Speaker 1: The average burden would be three thousand, seven hundred and fifty. 277 00:16:35,520 --> 00:16:37,280 Speaker 1: So you gotta understand, if you make one hundred two 278 00:16:37,360 --> 00:16:39,680 Speaker 1: hundred thousand a year, you are now going to have 279 00:16:39,760 --> 00:16:44,560 Speaker 1: a four thousand dollar rounding number here of a tax increase. 280 00:16:45,560 --> 00:16:48,240 Speaker 1: This isn't debt forgiveness, which is what they keep saying. 281 00:16:48,280 --> 00:16:52,800 Speaker 1: This Biden plan is a debt transfer program. The student 282 00:16:52,800 --> 00:16:57,720 Speaker 1: loans being quote forgiven are not being forgiven. They're being transferred. 283 00:16:58,600 --> 00:17:02,560 Speaker 1: They're being transferred from the individual to the federal government, 284 00:17:02,800 --> 00:17:05,280 Speaker 1: and the loss of revenue from those loans will be 285 00:17:05,320 --> 00:17:08,879 Speaker 1: made up by borrowing from the government, which you, as 286 00:17:08,920 --> 00:17:13,920 Speaker 1: a taxpayer, will have to pay the money back. Quote well, 287 00:17:13,960 --> 00:17:16,480 Speaker 1: taxpayers will fill the bite on this year's tax bill. 288 00:17:16,840 --> 00:17:19,000 Speaker 1: Congress will have to make up the difference to reduce 289 00:17:19,080 --> 00:17:24,760 Speaker 1: spending elsewhere or higher taxes, most likely increased borrowing, assuming 290 00:17:24,760 --> 00:17:27,320 Speaker 1: the latter. The federal government essentially just took a two 291 00:17:27,600 --> 00:17:32,200 Speaker 1: five hundred dollars loan on the average taxpayer's behalf. That's 292 00:17:32,240 --> 00:17:33,959 Speaker 1: the average. So again, if you make one hundred two 293 00:17:34,000 --> 00:17:36,960 Speaker 1: hundred thousand, it's almost four grand a year that you, 294 00:17:37,119 --> 00:17:39,560 Speaker 1: as a taxpayer, will have to pay. The taxpayers will 295 00:17:39,560 --> 00:17:44,200 Speaker 1: be paying interest on this for years to come quote unquote. 296 00:17:45,520 --> 00:17:48,240 Speaker 1: So ultimately the cost to taxpayers is likely to be 297 00:17:48,280 --> 00:17:52,240 Speaker 1: even higher because the loan cancelation does nothing to address 298 00:17:52,320 --> 00:17:55,680 Speaker 1: the underlying problem that has led to such a high 299 00:17:55,720 --> 00:17:59,400 Speaker 1: level of student debt. According to the Committee for Responsible 300 00:17:59,400 --> 00:18:03,160 Speaker 1: Federal at the total level of student debt will return 301 00:18:03,280 --> 00:18:08,520 Speaker 1: to pre cancelation levels by twenty twenty eight. If students 302 00:18:08,560 --> 00:18:13,480 Speaker 1: borrow more because they're expecting future forgiveness, that timeline could 303 00:18:13,520 --> 00:18:15,320 Speaker 1: be even shorter. In other words, you can so all 304 00:18:15,320 --> 00:18:17,520 Speaker 1: this debt and we're gonna be right back where we 305 00:18:17,520 --> 00:18:20,800 Speaker 1: are right now by twenty twenty eight. And don't think 306 00:18:20,880 --> 00:18:23,439 Speaker 1: for a moment that they're not going to try to 307 00:18:23,480 --> 00:18:27,480 Speaker 1: do this again, because it's about buying votes. If every 308 00:18:27,480 --> 00:18:31,280 Speaker 1: person gets out of college gets free college, right because 309 00:18:31,280 --> 00:18:33,800 Speaker 1: the government does us over and over again, they're going 310 00:18:33,880 --> 00:18:36,160 Speaker 1: to vote for the party that is willing to pay 311 00:18:36,160 --> 00:18:40,480 Speaker 1: off their debts. And the government doesn't pay off any debts. 312 00:18:40,480 --> 00:18:43,400 Speaker 1: The taxpayers do, the citizens do, because without our money, 313 00:18:43,480 --> 00:18:47,440 Speaker 1: none of us even is an issue. Now, this brings 314 00:18:47,480 --> 00:18:50,800 Speaker 1: me to this other financial issue that I mentioned at 315 00:18:50,800 --> 00:18:54,200 Speaker 1: the beginning of the show, and that is this other 316 00:18:54,280 --> 00:18:58,760 Speaker 1: issue which deals with your credit cards right now and 317 00:18:58,880 --> 00:19:04,359 Speaker 1: the federal government now having the ability to monitor your 318 00:19:04,440 --> 00:19:09,560 Speaker 1: transactions when it comes to you buying lawful things. What 319 00:19:09,720 --> 00:19:13,320 Speaker 1: I mean, visa has now caved. I'm talking about your 320 00:19:13,400 --> 00:19:16,840 Speaker 1: visa card, your debit card, your credit card, and they 321 00:19:16,880 --> 00:19:22,200 Speaker 1: are now going to recategorize gun and AMMO purchases so 322 00:19:22,320 --> 00:19:26,920 Speaker 1: that then the government can be flagged or they will 323 00:19:26,960 --> 00:19:29,760 Speaker 1: flag it and send it to the government for them 324 00:19:29,760 --> 00:19:34,280 Speaker 1: to then monitor your transactions. Now, it's legal to buy 325 00:19:34,280 --> 00:19:36,240 Speaker 1: Ammo and it's legal to buy guns, but if you 326 00:19:36,280 --> 00:19:39,760 Speaker 1: buy too much of them over a certain period of time, 327 00:19:40,160 --> 00:19:42,160 Speaker 1: they're going to flag you. Is that what they would 328 00:19:42,200 --> 00:19:45,240 Speaker 1: basically refer to as a possible mass shooter and or 329 00:19:45,280 --> 00:19:49,640 Speaker 1: a domestic terrorist, all because you swiped your card when 330 00:19:49,760 --> 00:19:56,000 Speaker 1: buying a legal product. Gabby Gifford's Gun Control Group has 331 00:19:56,040 --> 00:20:00,480 Speaker 1: been demanding the major credit card companies flag bag gun 332 00:20:00,520 --> 00:20:05,160 Speaker 1: and AMMO purchases and put them in a new sales categorization. 333 00:20:06,240 --> 00:20:10,560 Speaker 1: Gifford's posted a tweet which said the shooters, the shooters 334 00:20:10,560 --> 00:20:13,600 Speaker 1: in at least five mass shootings have stockpiled guns and 335 00:20:13,680 --> 00:20:16,680 Speaker 1: Ammo using credit cards and killed one hundred and forty 336 00:20:16,680 --> 00:20:20,960 Speaker 1: five people. This is where they make their demand. They say, Visa, 337 00:20:21,400 --> 00:20:25,240 Speaker 1: MasterCard and American Express have the power to flag suspicious 338 00:20:25,280 --> 00:20:29,000 Speaker 1: purchases and save lives. Call on them, they say, to 339 00:20:29,200 --> 00:20:35,359 Speaker 1: act now. On August the thirtieth, Democratic New York lawmakers 340 00:20:35,960 --> 00:20:41,080 Speaker 1: demanded major credit card companies create a new firearms specific 341 00:20:41,200 --> 00:20:45,760 Speaker 1: category code, which would in effect flag gun purchases in 342 00:20:45,840 --> 00:20:51,320 Speaker 1: the state and also around the country. Then you had 343 00:20:51,320 --> 00:20:53,880 Speaker 1: the New York Governor. The new governor took over when 344 00:20:53,960 --> 00:20:58,159 Speaker 1: Cuomo resigned in disgrace. She came out and joined with 345 00:20:58,280 --> 00:21:02,159 Speaker 1: state Assembly leaders to announce ten new gun control bills, 346 00:21:02,200 --> 00:21:06,360 Speaker 1: including a new minimum age and licensing requirements for the 347 00:21:06,400 --> 00:21:12,679 Speaker 1: purchase of a semi automatic rifle. On September seventh, New 348 00:21:12,760 --> 00:21:17,760 Speaker 1: York Governor was urging then Visa, American Express and MasterCard 349 00:21:18,160 --> 00:21:22,880 Speaker 1: to take action and quote do their part for gun control. 350 00:21:23,800 --> 00:21:27,280 Speaker 1: Now all of those companies have moved forward with this 351 00:21:27,359 --> 00:21:30,760 Speaker 1: gun control plan. Now, before I get into more of 352 00:21:30,760 --> 00:21:32,679 Speaker 1: this story, I want to say thank you and tell 353 00:21:32,720 --> 00:21:35,600 Speaker 1: you about our good friends at Legacy Precious Medals. Without them, 354 00:21:35,640 --> 00:21:39,199 Speaker 1: the show wouldn't be possible. And if you have not 355 00:21:39,280 --> 00:21:41,360 Speaker 1: looked at gold and silver as a way to protect 356 00:21:41,359 --> 00:21:43,880 Speaker 1: your hard earned dollars against what the happening on Wall 357 00:21:43,920 --> 00:21:47,320 Speaker 1: Street with inflation, it's time for you to call them 358 00:21:47,400 --> 00:21:50,120 Speaker 1: and get the free Investor's Guide. Why because so many 359 00:21:50,160 --> 00:21:52,720 Speaker 1: around the world are now using gold and silver and 360 00:21:52,840 --> 00:21:56,520 Speaker 1: historically they have for decades as a protection, a hedge 361 00:21:56,560 --> 00:21:59,480 Speaker 1: against inflation, which is exactly what we're dealing with right now. 362 00:22:00,040 --> 00:22:02,320 Speaker 1: If you're terrified to look at your retirement account, your 363 00:22:02,320 --> 00:22:05,639 Speaker 1: four one case statement because of what's happening on Wall Street, 364 00:22:06,160 --> 00:22:08,159 Speaker 1: that's all the more reason why you should call and 365 00:22:08,200 --> 00:22:10,800 Speaker 1: get the investors got in gold and silver, protect your 366 00:22:10,840 --> 00:22:13,919 Speaker 1: hard earned money and diversify. Call them and get the 367 00:22:13,960 --> 00:22:17,720 Speaker 1: free investor's Guide from Legacy Precious Medals one eight six 368 00:22:17,840 --> 00:22:22,680 Speaker 1: six seven five one twenty two eighteen one eight six 369 00:22:22,760 --> 00:22:27,080 Speaker 1: six seven five one twenty two eighteen or online at 370 00:22:27,160 --> 00:22:33,200 Speaker 1: Legacy PM Investments dot com. Now, the Associated Press has 371 00:22:33,240 --> 00:22:36,439 Speaker 1: come out and explained that VISA has given in and 372 00:22:36,640 --> 00:22:42,920 Speaker 1: will recategorize gun purchases and other quote sales at gun shops. 373 00:22:42,960 --> 00:22:45,160 Speaker 1: So you buy anything at a gun shop and that 374 00:22:45,200 --> 00:22:49,480 Speaker 1: will probably flag you to the government. The AP is 375 00:22:49,520 --> 00:22:52,399 Speaker 1: also saying, now, quote this is a major win for 376 00:22:52,520 --> 00:22:57,159 Speaker 1: gun control advocates, who said, well, help better track you. 377 00:22:57,800 --> 00:23:00,720 Speaker 1: They claim it suspicious surges of guns ls that could 378 00:23:01,200 --> 00:23:04,240 Speaker 1: be a prelude to a prelude to a mass shooting. 379 00:23:04,280 --> 00:23:06,040 Speaker 1: So in other words, I go out and I buy 380 00:23:06,080 --> 00:23:09,000 Speaker 1: three guns and then a few days later, or a 381 00:23:09,040 --> 00:23:11,680 Speaker 1: few weeks later, I buy another gun. And maybe a 382 00:23:11,720 --> 00:23:14,160 Speaker 1: few weeks later I buy another gun. Right, maybe I'm collecting. 383 00:23:14,200 --> 00:23:16,760 Speaker 1: Maybe I decide that I want to buy three guns 384 00:23:16,840 --> 00:23:20,600 Speaker 1: for my son's Bam, the federal government gets an alert 385 00:23:20,600 --> 00:23:26,880 Speaker 1: about me for buying something that's lawful. Until now, gun 386 00:23:26,880 --> 00:23:30,160 Speaker 1: and AMMO purchases have shown up under a broad category 387 00:23:30,840 --> 00:23:35,480 Speaker 1: like sporting goods. But Visa's moved to comply with Democrat 388 00:23:35,600 --> 00:23:40,000 Speaker 1: and gun control group demands means such purchases will have 389 00:23:40,040 --> 00:23:46,040 Speaker 1: a distinct firearm related marker, making them easier to flag. 390 00:23:47,000 --> 00:23:52,399 Speaker 1: The NRA commented on Visa's decision to recategorize gun purchase 391 00:23:52,480 --> 00:23:57,280 Speaker 1: by saying this quote. The ISO decision to create a 392 00:23:57,320 --> 00:24:01,520 Speaker 1: firearm specific code is nothing more than a capitulation to 393 00:24:01,760 --> 00:24:06,720 Speaker 1: anti gun politicians and activists bent on eroding the rights 394 00:24:06,760 --> 00:24:11,600 Speaker 1: of law abiding Americans one transaction at a time. This 395 00:24:11,800 --> 00:24:16,720 Speaker 1: is not about tracking or prevention or any virtuous motivation. 396 00:24:16,840 --> 00:24:20,880 Speaker 1: It's about creating a national registry of gun owners. And 397 00:24:21,000 --> 00:24:23,639 Speaker 1: really you have to ask yourself the question, why else 398 00:24:23,640 --> 00:24:27,680 Speaker 1: would you do this? This is about a gun registry. 399 00:24:27,800 --> 00:24:30,000 Speaker 1: They want to know what you bought, and they want 400 00:24:30,040 --> 00:24:33,320 Speaker 1: to know where you bought it. That's what they want 401 00:24:33,320 --> 00:24:36,600 Speaker 1: to do. They want to know when you purchase guns. 402 00:24:36,600 --> 00:24:38,800 Speaker 1: So down the road they can go backwards and say, 403 00:24:38,800 --> 00:24:42,600 Speaker 1: excuse me, mister Ferguson. We see back in two seventeen 404 00:24:42,680 --> 00:24:45,879 Speaker 1: in March, you went to this gun store and you 405 00:24:45,960 --> 00:24:48,520 Speaker 1: spent eight hundred and twelve dollars. What gun did you 406 00:24:48,560 --> 00:24:54,000 Speaker 1: buy or how much Ammo did you stockpile? Now was 407 00:24:54,000 --> 00:24:57,679 Speaker 1: there anything illegal with a purchase that I made? No, 408 00:24:58,840 --> 00:25:02,480 Speaker 1: But you can now be turned in by visa, buy MasterCard, 409 00:25:02,480 --> 00:25:05,440 Speaker 1: buy American Express. In other words, you can be harassed 410 00:25:05,480 --> 00:25:10,639 Speaker 1: because they don't like what you're purchasing something that's legal. 411 00:25:11,359 --> 00:25:13,000 Speaker 1: I had one person to describe it to me in 412 00:25:13,080 --> 00:25:15,080 Speaker 1: law Enforce and this way, and said, imagine if every 413 00:25:15,080 --> 00:25:19,159 Speaker 1: time someone bought pornography we had a special category for it. 414 00:25:19,240 --> 00:25:22,840 Speaker 1: And then we decided to go in and harass people 415 00:25:22,880 --> 00:25:25,600 Speaker 1: that bought pornography, right saying, well, you could be a 416 00:25:25,640 --> 00:25:29,439 Speaker 1: sexual predator or a possible perspective rapist because we've noticed 417 00:25:29,480 --> 00:25:33,159 Speaker 1: a large influx of pornography online that you're buying. No 418 00:25:33,160 --> 00:25:35,760 Speaker 1: one would stand for that, of course, right, because it's 419 00:25:35,760 --> 00:25:38,240 Speaker 1: your right to watch pornography, whether you like pornography or 420 00:25:38,240 --> 00:25:40,600 Speaker 1: not not defending it or anything like that. I'm just 421 00:25:40,600 --> 00:25:43,160 Speaker 1: saying a fact, is your right to buy it. It's 422 00:25:43,240 --> 00:25:47,040 Speaker 1: legal in this country. That's all I'm saying. So imagine 423 00:25:47,040 --> 00:25:49,320 Speaker 1: if someone did that. Lets let's just say you eat 424 00:25:49,320 --> 00:25:52,600 Speaker 1: a lot of fast food. What if the government one 425 00:25:52,680 --> 00:25:55,119 Speaker 1: day decides they want to make sure that you eat healthy? 426 00:25:55,520 --> 00:25:58,680 Speaker 1: What if they want to track your purchases on gasoline? 427 00:25:59,720 --> 00:26:03,600 Speaker 1: We're we're banning electric vehicles, right, or excuse me, gas 428 00:26:03,680 --> 00:26:06,480 Speaker 1: vehicles in California and now other states. In fact, Mayor 429 00:26:06,480 --> 00:26:10,200 Speaker 1: Pete came out today saying he's interested in the California 430 00:26:10,280 --> 00:26:12,919 Speaker 1: ban on new gas cars as he weighs a quote 431 00:26:13,000 --> 00:26:16,440 Speaker 1: national policy. Well, how would you reiin in people, Well, 432 00:26:16,440 --> 00:26:21,560 Speaker 1: maybe it's at gas stations. We flag your gas purchases 433 00:26:22,359 --> 00:26:24,440 Speaker 1: and come to your house saying why are you buying 434 00:26:24,520 --> 00:26:28,359 Speaker 1: so much gasoline? Mister Ferguson, why did you need to 435 00:26:28,400 --> 00:26:30,840 Speaker 1: buy another twenty seven gallons of gas? How do you 436 00:26:30,880 --> 00:26:33,280 Speaker 1: know what I bought? Well, VISA flagged it. We have 437 00:26:33,320 --> 00:26:38,400 Speaker 1: a special category for petroleum products. You understand the slippery 438 00:26:38,400 --> 00:26:43,920 Speaker 1: slope here. Now again, I will not buy a firearm 439 00:26:44,480 --> 00:26:47,240 Speaker 1: with a credit card any longer. I will buy a 440 00:26:47,240 --> 00:26:49,920 Speaker 1: firearm with cash, I will get it out of an ATM, 441 00:26:50,440 --> 00:26:53,800 Speaker 1: because I'm sure as hell not going to trust them 442 00:26:54,240 --> 00:26:58,879 Speaker 1: to not abuse the power, especially if what I am 443 00:26:58,920 --> 00:27:04,680 Speaker 1: purchasing is a legal product. They should not have They 444 00:27:04,760 --> 00:27:07,719 Speaker 1: should not have the ability if I am not breaking 445 00:27:07,760 --> 00:27:15,040 Speaker 1: the law, to turn me into some government gestapo demanding 446 00:27:15,080 --> 00:27:17,880 Speaker 1: that I do something because they don't like the product 447 00:27:17,920 --> 00:27:21,639 Speaker 1: I'm buying. This is harassment by the banks. This is 448 00:27:21,680 --> 00:27:27,000 Speaker 1: harassment by Visa MasterCard and American Express. You need to 449 00:27:27,080 --> 00:27:30,640 Speaker 1: understand what harassment looks like and feels like. This is it. 450 00:27:33,000 --> 00:27:37,560 Speaker 1: These companies have decided that they are anti gun. American Express, 451 00:27:37,680 --> 00:27:42,360 Speaker 1: Visa mass Card are criminalizing a legal activity because they 452 00:27:42,359 --> 00:27:47,760 Speaker 1: are saying that they don't like your activities. Now, let 453 00:27:47,800 --> 00:27:51,320 Speaker 1: me just go back for Also to Mayor Pete, the 454 00:27:51,359 --> 00:27:55,919 Speaker 1: Transportation Secretary now and his remarks that he has quote 455 00:27:56,040 --> 00:28:00,840 Speaker 1: interested in an upcoming California ban on new gas powered 456 00:28:00,840 --> 00:28:05,360 Speaker 1: cars as a bid administration weighs nationwide electric vehicle mandates. 457 00:28:06,320 --> 00:28:10,119 Speaker 1: Last month, the California Air Resources Board issued new rules 458 00:28:10,160 --> 00:28:14,840 Speaker 1: requiring thirty five percent of new vehicles to produce zero 459 00:28:14,920 --> 00:28:18,720 Speaker 1: missions by twenty twenty six. That's just four years from now, 460 00:28:19,200 --> 00:28:22,359 Speaker 1: a standard they say will progressively rise to one hundred 461 00:28:22,359 --> 00:28:27,280 Speaker 1: percent by twenty thirty five. During an interview in La, 462 00:28:27,440 --> 00:28:31,800 Speaker 1: Transportation Secretary Pete argue that a rapid transition to electric 463 00:28:31,800 --> 00:28:36,120 Speaker 1: cars is required to effectively combat climate change around the world. 464 00:28:36,200 --> 00:28:38,920 Speaker 1: He says, it's interesting to see how the states are 465 00:28:38,960 --> 00:28:41,000 Speaker 1: trying to go above and beyond what we're doing at 466 00:28:41,040 --> 00:28:43,920 Speaker 1: the federal level. I'm really interested in these developments while 467 00:28:43,920 --> 00:28:47,160 Speaker 1: we continue to set a national policy that's the baseline 468 00:28:47,160 --> 00:28:48,840 Speaker 1: for all this. We need to move in the direction 469 00:28:48,840 --> 00:28:54,560 Speaker 1: of electric vehicles. California unveiled their new benchmarks days before 470 00:28:54,560 --> 00:28:58,640 Speaker 1: The Golden State required that residents lower energy usage during 471 00:28:58,640 --> 00:29:01,840 Speaker 1: peak hours and the interest of averting power grid failures. 472 00:29:02,520 --> 00:29:06,880 Speaker 1: Among other actions, officials asked citizens to not charge their 473 00:29:06,880 --> 00:29:13,400 Speaker 1: electric vehicles that they're demanding they buy. Prominent policy makers 474 00:29:13,440 --> 00:29:17,440 Speaker 1: and industry leaders, including Tesnaseo Elon Musk, have warned that 475 00:29:17,520 --> 00:29:21,480 Speaker 1: the rushed option and the rushed I should say adoption 476 00:29:21,520 --> 00:29:27,280 Speaker 1: of renewable energy solutions could induce economic harm, doesn't matter 477 00:29:27,320 --> 00:29:30,560 Speaker 1: because they want to mandate what you can and cannot buy. 478 00:29:30,720 --> 00:29:33,640 Speaker 1: Mayor Pete argue that the speed is necessary for a 479 00:29:33,760 --> 00:29:36,880 Speaker 1: robust electric vehicle policy, saying, quote, we've got to make 480 00:29:36,920 --> 00:29:40,280 Speaker 1: sure that this happens quickly enough to help us be 481 00:29:40,520 --> 00:29:44,080 Speaker 1: climate change. We've got to make sure it happens affordably 482 00:29:44,160 --> 00:29:46,560 Speaker 1: enough that it's not just wealthy people, but low income 483 00:29:46,560 --> 00:29:50,640 Speaker 1: people who most need these gas savings if they can 484 00:29:50,680 --> 00:29:53,440 Speaker 1: afford the evs in the first place, which means they're 485 00:29:53,440 --> 00:29:57,800 Speaker 1: going to subsidize them at the federal level. Now you 486 00:29:57,880 --> 00:30:01,480 Speaker 1: look at what they're also demanding. Biden administration has already 487 00:30:01,560 --> 00:30:05,960 Speaker 1: established their goal of procuring only one hundred percent zero 488 00:30:06,080 --> 00:30:08,760 Speaker 1: mission light duty vehicles by twenty twenty seven, that's just 489 00:30:08,960 --> 00:30:11,880 Speaker 1: five years from now. They say they will extend the 490 00:30:11,920 --> 00:30:14,400 Speaker 1: same standard to all vehicles and the federal government's fleet 491 00:30:14,400 --> 00:30:17,160 Speaker 1: by twenty thirty five. That according to the fact sheet 492 00:30:17,200 --> 00:30:20,480 Speaker 1: from the White House they put out. So what if 493 00:30:20,520 --> 00:30:23,280 Speaker 1: you don't get on board, What if you start hiding 494 00:30:23,480 --> 00:30:26,800 Speaker 1: your gas guzzling cars right or your farm trucks, or 495 00:30:26,880 --> 00:30:30,240 Speaker 1: you just don't get on board, Well, you don't think 496 00:30:30,240 --> 00:30:31,840 Speaker 1: that they're going to do the same thing they're now 497 00:30:31,880 --> 00:30:35,040 Speaker 1: doing with gun purchases with Visa MasterCard American Express, where 498 00:30:35,040 --> 00:30:37,400 Speaker 1: they tagged amount of dollars you spend at a gas 499 00:30:37,400 --> 00:30:39,880 Speaker 1: station and they come knock on your door saying, why 500 00:30:39,880 --> 00:30:41,640 Speaker 1: are you buying so much gasoline? And where are you 501 00:30:41,720 --> 00:30:45,880 Speaker 1: putting it? What cars it in? This isn't a slippery slope, 502 00:30:45,960 --> 00:30:50,960 Speaker 1: my friends. This is reality. If every purchase you make 503 00:30:51,560 --> 00:30:56,440 Speaker 1: Visa and MasterCard and AMEX turns it over to the 504 00:30:56,440 --> 00:30:59,160 Speaker 1: federal government, so the federal government will give them whatever 505 00:30:59,160 --> 00:31:02,200 Speaker 1: the hell they want, right, whatever it is they want 506 00:31:02,200 --> 00:31:05,320 Speaker 1: in return or response to what they want to demand 507 00:31:05,320 --> 00:31:09,120 Speaker 1: that you do, and they get, you know, nice banking 508 00:31:09,240 --> 00:31:12,320 Speaker 1: rules and regulations. In their opinion, I'm sure it's like, 509 00:31:12,480 --> 00:31:17,680 Speaker 1: let's go, let's do this. What do you want to know? 510 00:31:17,880 --> 00:31:20,640 Speaker 1: You want to know how much gas Ben Ferguson's bought. Done? 511 00:31:20,680 --> 00:31:22,400 Speaker 1: You want to know how many guns he's bought? Done? 512 00:31:22,440 --> 00:31:24,680 Speaker 1: You want to know how much money he's spent on 513 00:31:24,720 --> 00:31:26,160 Speaker 1: any of these things? Done? How? You want to know 514 00:31:26,160 --> 00:31:28,160 Speaker 1: what his electricity bill is? He didn't put the solar 515 00:31:28,200 --> 00:31:31,760 Speaker 1: panels on his house? Done? Just turn off the spickets. 516 00:31:31,800 --> 00:31:33,680 Speaker 1: Don't let him buy what he wants to buy, don't 517 00:31:33,720 --> 00:31:37,240 Speaker 1: let him do what he wants to do. That's all, literally, 518 00:31:37,240 --> 00:31:40,840 Speaker 1: that's all you gotta do. And you own the entire economy. 519 00:31:40,880 --> 00:31:44,760 Speaker 1: This is what they do in socialists and communist countries, 520 00:31:45,120 --> 00:31:50,160 Speaker 1: and you're witnessing it by virtue signaling from these nations 521 00:31:50,160 --> 00:31:52,840 Speaker 1: of what they're telling you is an acceptable purchase and 522 00:31:52,880 --> 00:31:57,480 Speaker 1: what is not an acceptable purchase. Please stand up for 523 00:31:57,520 --> 00:32:00,360 Speaker 1: your rights. Make sure you share this pod cast with 524 00:32:00,520 --> 00:32:03,400 Speaker 1: your family and friends. Write us a five star review 525 00:32:03,760 --> 00:32:06,560 Speaker 1: so that more people will see this podcast. And I'll 526 00:32:06,600 --> 00:32:07,600 Speaker 1: see you back here tomorrow