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Speaker 1: Let's talk about untying knots, draining the swamp. Let's talk

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Speaker 1: about foreign policy things, Washington, d C. Donald Trump just

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Speaker 1: took on a lobby there. All that and more coming up,

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Speaker 1: I'm right now. Let's talk about the system, the swamp,

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Speaker 1: draining the swamp. Let's talk about all this because we're

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Speaker 1: all going through something here, all of us. I'm going

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Speaker 1: through the exact same thing you're going through. We're all

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Speaker 1: doing the same thing right now. Donald Trump won an

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Speaker 1: election in November. We're excited about that. Happy, couldn't afford

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Speaker 1: all that. Yeah, but we didn't want Trump to be

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Speaker 1: there just to be there. Right. You have things you

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Speaker 1: want him to do. I have things I want him

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Speaker 1: to do. And one of the things that's central to

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Speaker 1: most of us on the right is and stopping the

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Speaker 1: terrible corruption inside of Washington, d C. Obviously, that's that.

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Speaker 1: Draining the swamp is what most people call it. We've

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Speaker 1: called it that here. But the system, the criminal enterprise,

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Speaker 1: whatever it is. So let's discuss that, what's happening, what's

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Speaker 1: not happening, reality versus what we wish that. Let's talk

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Speaker 1: about it. For instances, think about a knot. I'm talking

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Speaker 1: about the worst not you've ever had to confront. You're

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Speaker 1: thinking about it. Maybe it was a bunch of wires

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Speaker 1: or one wire, choo, strings, chords something. At some point

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Speaker 1: you're like, maybe fishing. If you're fishing, you've encountered it.

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Speaker 1: At some point you've encountered a knot. That is a disaster.

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Speaker 1: Now why is it a disaster? Time? Over a long

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Speaker 1: enough period of time, this mixing with this and that

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Speaker 1: and this that, the NT just got worse and worse,

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Speaker 1: tighter and tighter and tighter over time. The longer it

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Speaker 1: was festering, the worse it got. Now, how do you

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Speaker 1: want to tie it with time? That's the truth. Draining

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Speaker 1: the swamp is going to take a lot of time,

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Speaker 1: because creating the swamp took a lot of time. We

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Speaker 1: didn't get to this place of corruption as a country

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Speaker 1: five years ago. You know, it didn't start under Joe Biden,

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Speaker 1: although he may have made it all worse. It didn't

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Speaker 1: even start under Barack Obama. Decades and decades of neglect

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Speaker 1: by US the public and evil deeds by people in Washington,

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Speaker 1: d C. Has created this not that may seem impossible

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Speaker 1: at times, Well, I don't believe it is impossible. I

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Speaker 1: will tell you this just right between the eyes. It's

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Speaker 1: going to take time, and it's going to take a

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Speaker 1: lot of effort, focused, ongoing effort. We're not going to

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Speaker 1: be able to look at it and just solve it

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Speaker 1: with one election. That's not how it works. For instance,

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Speaker 1: let's talk about the Epstein stuff, because that's probably a

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Speaker 1: priority one for a lot of people. Jeffrey Epstein, as

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Speaker 1: you already know, billionaire financier, famously was involved with underage

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Speaker 1: sex trafficking, just the grossest stuff you can possibly imagine.

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Speaker 1: And he wasn't doing it alone. He was friends partners

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Speaker 1: with a lot of the wealthiest, most powerful people on

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Speaker 1: the planet. We don't know who exactly did what, but

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Speaker 1: we know for a fact that, for instance, he was signed.

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Speaker 1: It's public record he was signed into Bill Clinton's White

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Speaker 1: House multiple times. Jeffrey Epstein famously has well had I

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Speaker 1: guess a painting of Bill Clinton a really weird when

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Speaker 1: he's in a blue dress. It's odd. Jeffrey Epstein was

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Speaker 1: friends with Bill Gays. We know his wife gave an

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Speaker 1: interview where she blamed their friendship as part of the

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Speaker 1: reason she divorced him. Very interesting, right, So again, we're

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Speaker 1: talking wealthy, powerful people, royal family members, and so you me,

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Speaker 1: I would like to know who these people are. If

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Speaker 1: you were abusing women, especially under age ones, but really

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Speaker 1: any age, if you were abusing women and children, I

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Speaker 1: don't care how much money you're worth or how powerful

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Speaker 1: you are. I believe you should be brought to justice

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Speaker 1: just the same way anyone would. And so we're very

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Speaker 1: interested in that Epstein list. Now, Cash Mattel, head of

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Speaker 1: the FBI, gave a little update on it.

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Speaker 2: Did Jeffrey Epstein shell or did somebody go on.

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Speaker 3: Center I believe in himself in a cell in the

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Speaker 3: Metropolitan Tention Center.

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Speaker 4: Are you going to release all the information about that center?

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Speaker 3: We are working through that right now with the Department

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Speaker 3: of Justice.

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Speaker 4: When you think you'll have it done, Cash, uh, I.

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Speaker 3: Think in the in the near future, sir, Like before

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Speaker 3: I die. Center we are, we are, We've we've been

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Speaker 3: working on that, and we're doing it in a way

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Speaker 3: that protects.

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Speaker 1: Victims. Okay, Well that was about as non committal as

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Speaker 1: non committal can get. So what's at play here is

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Speaker 1: Cash Patel using his role with the FBI to protect evil,

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Speaker 1: powerful sex traffickers. I doubt that very much. That's not

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Speaker 1: his reputation. I don't know Cash Pateel, but he has

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Speaker 1: an excellent reputation. I doubt that. So what's really a play?

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Speaker 1: Are they really protecting victims? Maybe? Do keep in mind

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Speaker 1: it's a very very dangerous thing to have damaging information

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Speaker 1: on wealthy, powerful men. It can be very hazardous to

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Speaker 1: your health, as you are well aware. Maybe they are

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Speaker 1: protecting victims, maybe the wealthy powerful men who are about

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Speaker 1: to be exposed. Possibly maybe they have outstanding thousand dollars

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Speaker 1: an hour attorneys who are mucking up the whole process. Maybe,

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Speaker 1: maybe maybe there are people on that list who didn't

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Speaker 1: commit any crimes or necessarily do anything wrong. Remember this

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Speaker 1: was a billionaire financier with a private jet. Somebody came

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Speaker 1: to you with a potential business deal and said, I'll

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Speaker 1: send my private jet along. Would you hop on? Would

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Speaker 1: you do all the vetting of him first? Probably not.

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Speaker 1: I don't know that I would you are fer me

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Speaker 1: a private jet? Maybe somebody wrote on that jet you

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Speaker 1: didn't do anything wrong, didn't touch anybody, didn't hurt anyone.

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Speaker 1: I don't know now, I don't know, but I guess

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Speaker 1: that's the point of this entire conversation when it comes

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Speaker 1: to the system in the swamp. And there are many, many,

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Speaker 1: many things we don't know, things we want to know,

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Speaker 1: some things we'll never know. But here's what we do know.

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Speaker 1: We know. But the corruption of Washington DC is years

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Speaker 1: in years and years in the making. We have a

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Speaker 1: bad not to untie, and electing Donald Trump for four

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Speaker 1: more years is not going to get the job done.

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Speaker 1: It helps, it's a lot better than electing Dome. It helps.

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Speaker 1: But even if he was perfect, and he's not and

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Speaker 1: nobody is. But even if he was perfect, you can't

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Speaker 1: undo decades of Washington DC corruption walking in there for

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Speaker 1: your final four years of president. That's not how it

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Speaker 1: works at all. Remember Ed Martin, this was the story

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Speaker 1: from last week. But it's kind of a big deal.

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Speaker 1: The US Attorney the DC court system is one of

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Speaker 1: the most evil court systems on planet Earth. I am

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Speaker 1: not overstating that at all. I don't care where you go,

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Speaker 1: North Korea, Russia, Iran. I don't know that you can

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Speaker 1: find a more biased, evil court system than the one

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Speaker 1: in Washington DC. That court system is the reason all

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Speaker 1: these nonviolent January six ers were charged with things like

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Speaker 1: terrorism and thrown in cages because you can convict any

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Speaker 1: Republican of anything there. You can't get a Democrat conviction

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Speaker 1: because they're all communists. And you can convict a Republican

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Speaker 1: of anything, I've spitting on the sidewalk, They'll throw them

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Speaker 1: in prison there. And that DC court system, it is

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Speaker 1: in many ways the enforcement arm and protectorate of the swamp.

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Speaker 1: So Trump wanted Ed Martin. Ed Martin's good man. We've

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Speaker 1: interviewed him here on this show before. Ed Martin wanted

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Speaker 1: to drain the swamp. Tom Tillis, Republican Senator, stopped it.

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Speaker 1: Stopped at Martin. So Trump came out last week he

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Speaker 1: said this, he.

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Speaker 5: Wasn't getting the support from people that I thought. You know,

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Speaker 5: he's done a very good job. Crime is down twenty

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Speaker 5: five percent in DC during his period of time. I'm

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Speaker 5: very disappointed in that. But I have so many different

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Speaker 5: things that I'm doing with the trade. You know, one person,

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Speaker 5: I can only make boom, I can only lift that

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Speaker 5: little phone so many times in a day. But we

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Speaker 5: have somebody else that will be great. I just want

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Speaker 5: to say, Ed is unbelievable, and hopefully we can bring

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Speaker 5: him into whether it's doj or whatever in some capacity

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Speaker 5: because really outstand it. To me, it was disappointing. I'll

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Speaker 5: be honest, I have to be straight. I was disappointed.

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Speaker 5: A lot of people would disappointed, but that's the way

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Speaker 5: it works sometimes.

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Speaker 1: Now, when Donald Trump made those comments last week, I

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Speaker 1: felt then and I do feel now. It's not that

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Speaker 1: I've changed my mind a bit of frustration with that tone.

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Speaker 1: And this is what I mean by that. Donald Trump

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Speaker 1: is not afraid to crucify anybody publicly. If they anger him,

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Speaker 1: He'll go on social media and call an actress fat

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Speaker 1: and stupid. I mean, Donald Trump will blast away at anybody.

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Speaker 1: Donald Trump bounced Bob Good from Congress, the most conservative

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Speaker 1: one of the most conservative members of Congress primary to gone.

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Speaker 1: Has publicly threatened chip Roy Thomas Massey with primaries for

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Speaker 1: opposing spending bills. Donald Trump will come after you. Left

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Speaker 1: right middle Tom tillis, Republican Senator from North Carolina single

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Speaker 1: handedly pretty much in conjunction with Democrats, but really single

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Speaker 1: handedly stop Donald Trump's pick for US Attorney of DC.

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Speaker 1: Trump gets on there and kind of get well, I

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Speaker 1: was disappointed, you know, like my son brought home a

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Speaker 1: b in math or something like that. Well, I'm disappointed,

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Speaker 1: and so I was frustrated by that, But the way

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Speaker 1: I listened to it, I listened to it a couple

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Speaker 1: of times more over the weekend. You know what I

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Speaker 1: heard there? Actually, I'm gonna ask the producer to play

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Speaker 1: that clip again here in just one second when I

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Speaker 1: call for it. But you know what I heard here.

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Speaker 1: I heard a man that maybe in a tired moment,

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Speaker 1: an honest moment, I heard a man who's exhausted trying

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Speaker 1: to untie the knob.

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Speaker 5: He wasn't getting the support from people that I thought.

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Speaker 5: You know, he's done a very good job. Crime is

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Speaker 5: down twenty five percent in DC during his period of time.

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Speaker 5: I'm very disappointed in that, but I have so many

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Speaker 5: different things that I'm doing now with the trade. You know,

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Speaker 5: I'm one person.

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Speaker 1: I can only make boom.

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Speaker 5: I can only lift that little phone so many times

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Speaker 5: in a day. But we have somebody else that will

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Speaker 5: be great. I just want to say, Ed is unbelievable,

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Speaker 5: and hopefully we can bring him into whether it's DOJ

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Speaker 5: or whatever, in some capacity, because really outstanding it was.

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Speaker 5: To me, it was disappointing. I'll be honest. I have

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Speaker 5: to be straight. I was disappointed. A lot of people

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Speaker 5: were disappointed. But that's the way it works.

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Speaker 1: Sometimes I'm only one man, can only pick up the phone.

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Speaker 1: I was just disappointed. Sounds like a guy. I was exhausted.

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Speaker 1: And that brings us to Congress. Here's a little fun

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Speaker 1: stat came out this member. The GOP controls house in

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Speaker 1: the Senate, they've sent fewer bills to the White House

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Speaker 1: to be signed than any Congress in seven decades. Seventy years,

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Speaker 1: seventy years it was the Korean War, since we had

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Speaker 1: a Congress that did this little It's exhausting. Where's the

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Speaker 1: rest of our help? But it goes to the point

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Speaker 1: that I really want to make here, a point we've

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Speaker 1: made many times before. We still have a lot of

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Speaker 1: work to do, and we can get it done, but

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Speaker 1: it's not going to be fast. It's not going to

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Speaker 1: be easy. There are Democrats filling up the swamp. Remember

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Speaker 1: what Chip Roy told us last week. There are Republicans

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Speaker 1: protecting the swamp. So the Republicans saying they won't repeal

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Speaker 1: the IRA, they're just Republicans getting fat federal checks for

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Speaker 1: their district.

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Speaker 6: Right, That's exactly right. And so to be clear, the

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Speaker 6: CBO said that we could save about seven hundred and

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Speaker 6: fifty billion dollars. Right now, I'm being told that they're

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Speaker 6: going to find four hundred billion in savings. You know

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Speaker 6: what that really means is three hundred and fifty billion

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Speaker 6: or a bunch of things. Hey, I need to bring

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Speaker 6: home the checks to my corn states, or let me

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Speaker 6: be bared to. There are Texans. Oh, we have oil

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Speaker 6: and gas companies that wanted their free money too. I

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Speaker 6: don't mind walking into Houston where you are, or going

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Speaker 6: out to Midland or in Austin and walking into the

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Speaker 6: board rooms saying, guys, I am opposing the subsidies that

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Speaker 6: you're taking on the back of your children and my

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Speaker 6: children and our grandchildren. I have no problem telling Texas

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Speaker 6: that we should not be doing that and selling out

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Speaker 6: the future of our country. To walk into room and say, oh,

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Speaker 6: we're bringing home your free subsidies. They're not free. They're

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Speaker 6: killing our country.

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Speaker 1: There's a lot of people protecting the swamp. One final

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Speaker 1: example of this, you saw the video last week of

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Speaker 1: the Democrat Democrat members of Congress assaulting federal agents at

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Speaker 1: an ICE facility, assaulting federal agents in an attempt to

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Speaker 1: break out illegals who were being held inside. You saw

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Speaker 1: all that. Now that's a felony. If you walked up

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Speaker 1: to a federal agent guarding an ICE facility and you,

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Speaker 1: I mean, if you so much has laid a finger

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Speaker 1: on them, you would be charged with a felony. If

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Speaker 1: you shoved one, elbowed one, as Democrats did on camera. Honestly,

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Speaker 1: even if you didn't have a criminal record, that's probably

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Speaker 1: ten years you're gone. Then you'll be saying hello to

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Speaker 1: your wife and children through prison glass for ten years.

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Speaker 1: Those Democrats should all have already been arrested, charged with

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Speaker 1: felonies on the way to prison, lawyering up Republicans in DC.

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Speaker 1: Michael McCall, this is how committed they are. I'm just curious.

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Speaker 5: Should ICE be arresting or even threatening to arrest members

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Speaker 5: of Congress.

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Speaker 2: I mean, that's obviously a very drastic move. I would

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Speaker 2: only do that if they were complicit with a crime.

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Speaker 2: I don't know all the facts behind this. If they

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Speaker 2: were just visiting a detention center that I've done that

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Speaker 2: many times. If they're disrupting law enforcement, that's another question.

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Speaker 2: So you know, we can peacefully protest in this country,

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Speaker 2: but you cannot be complicit with gang violence against our

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Speaker 2: law enforcement. And I think perhaps that's what it comes

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Speaker 2: down to. And if I could just add one last

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Speaker 2: thing on the gaza.

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Speaker 1: Well, with a stance like that, you see, we got

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Speaker 1: a lot of work to do on the not it

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Speaker 1: won't be fast. All that may have made you uncomfortable,

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Speaker 1: but I am right. Let's talk about something good, really

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Speaker 1: really good. You ready for that? Before we do that,

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Speaker 1: let me talk to you about something great. How I

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Speaker 1: slept last night. I don't want to rub it in,

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Speaker 1: but yesterday was Mother's Day. Run it around all kinds stuffs,

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Speaker 1: and then the end of the day came and I

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Speaker 1: got what is known as the Sunday scary Sunday scaries?

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Speaker 1: Have you ever heard of that before? That's that moment

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Speaker 1: on Sunday where you realize, oh my gosh, the weekend's

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Speaker 1: about over. Mondays here tomorrow, we gotta go to work,

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Speaker 1: gotta get ready. What did I do about nine o'clock

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Speaker 1: last night? I went to the kitchen, made myself a

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Speaker 1: cup of hot chocolate dream powder from Beam Hot Chocolate,

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Speaker 1: Delicious cinnamon chocolate. But it puts me to sleep. With

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Speaker 1: natural things, things like melatonin and Rashi and all kinds

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Speaker 1: of things. I slept like a baby, like ten hours

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Speaker 1: last night, woke up ready to go. You want to

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Speaker 1: sleep like that, you want to feel like that every Monday,

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Speaker 1: every day, shopbeam dot com, slash Jesse Kelly, we'll be back.

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Speaker 1: All right. Let's talk about something wonderful. And Donald Trump

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Speaker 1: is really really great at foreign policy. It just is.

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Speaker 1: And there are reasons behind that, which we'll get into

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Speaker 1: in just a moment. But let me first talk about

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Speaker 1: the release of the hostage Eden Alexander Guy was held

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Speaker 1: by hamas long time. Trump gets some sprung here he

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Speaker 1: was talking about it.

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Speaker 5: He ends the only American citizen was captured and held

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Speaker 5: hostage by HUMUS since October seventh, twenty twenty three, and

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Speaker 5: he's coming home to his parents, which is really great news.

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Speaker 1: Meant to me.

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Speaker 5: It's bigness. They thought he was dead. So that's it,

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Speaker 5: all right.

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Speaker 1: I love this about Donald Trump, and it actually makes

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Speaker 1: me angry at other American presidents like Joe Biden and Obama.

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Speaker 1: But I love that Donald Trump brings American home. If

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Speaker 1: you are an American citizen and you are held abroad

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Speaker 1: by an evil foreign government, an evil terrorist organization, you

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Speaker 1: have every right to expect your president, Democrat or Republican,

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Speaker 1: whoever it is, to get you home. That's the deal,

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Speaker 1: that's the reason, that's part of the reason we elect

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Speaker 1: these people to serve this country, protect this country. An

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Speaker 1: American president should see it as one of his highest

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Speaker 1: duties to find American citizens wherever they may be around

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Speaker 1: the globe and get them home. And Democrats just don't

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Speaker 1: do this anymore. And this really comes down to how

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Speaker 1: you see yourself and how you see America. It's one

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Speaker 1: of the reason Trump is so very good at it.

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Speaker 1: Donald Trump loves this country. I really don't think that's deniable.

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Speaker 1: It's obvious. He's been talking lovingly about America since years

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Speaker 1: before he ever got into politics. He loves the country.

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Speaker 1: And more importantly, or probably as important, Donald Trump sees himself.

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Speaker 1: He sees himself as a protector of us, as of

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Speaker 1: the American people. And that's how I want the American

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Speaker 1: president to see himself. He sees himself as someone who

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Speaker 1: should look out for you no matter who you are,

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Speaker 1: no matter where you are held. If you're held somewhere else,

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Speaker 1: he will make it a priority to bring you home

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Speaker 1: when he does. And I just love that so much.

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Speaker 1: And I love the fact that Donald Trump doesn't want war.

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Speaker 1: A lot of political leaders today and always have loved war. War.

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Speaker 1: It could be profitable, it could be good for your popularity,

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Speaker 1: but it really takes somebody to command the most powerful

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Speaker 1: army on the planet and always push for peace, which

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Speaker 1: Trump does. Remember his inn Augro address when he talked about.

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Speaker 5: It, My proudest legacy will be that of a peacemaker

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Speaker 5: and unifier. That's what I want to be, a peacemaker

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Speaker 5: and a unifier.

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Speaker 1: Well, they didn't just say that. India and Pakistan. You

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Speaker 1: remember all that dust up last week, Maybe you with

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Speaker 1: these saw some headlines about it. Well, these countries historically

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Speaker 1: despise each other. There's all kinds of history there which

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Speaker 1: I won't go into here, but it's all ugly. It

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Speaker 1: was really, really bad. They hate each other. They're right

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Speaker 1: next to each other and they're always fighting. They just

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Speaker 1: hate each other. And something breaks out and it's getting bad,

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Speaker 1: and people were dying, and people were looking and they're saying,

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Speaker 1: my goodness, these are both nuclear powers. Two nuclear powers

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Speaker 1: who hate each other are starting to kill each other.

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Speaker 1: This could get way out of control badly. Well, the

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Speaker 1: American President didn't have to stepped in.

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Speaker 5: On Saturday. My administration helped brokery full and immediate ceasefire,

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Speaker 5: I think, a permanent one between India and Pakistan, ending

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Speaker 5: a dangerous conflict of two nations with lots of nuclear

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Speaker 5: weapons and they were going at it hot and heavy,

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Speaker 5: and it was seemingly not going to stop.

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Speaker 1: We helped a lot.

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Speaker 5: And we helped also with trade. I said, come on,

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Speaker 5: we're going to do a lot of trade with you guys.

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Speaker 5: Let's stop it. Let's stop it. If you stop it,

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Speaker 5: we'll do a trade. If you don't stop it, we're

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Speaker 5: not going to do any trade. People have never really

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Speaker 5: used trade the way I used it, that I can

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Speaker 5: tell you. And all of a sudden they said, I

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Speaker 5: think we're going to stop, and they have, and we

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Speaker 5: stopped the nuclear conflict. I think it would it could

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Speaker 5: have been a bad nuclear war.

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Speaker 1: And that is a big part of why he's very

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Speaker 1: good at foreign policy as well. Donald Trump has made

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Speaker 1: deals his whole life. You know, the bookey rode art

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Speaker 1: of the deal and whatnot, but both foreign and domestic,

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Speaker 1: Donald Trump has dealt with powerful men across the planet,

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Speaker 1: always trying to make a deal. Hey, why are we fighting,

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Speaker 1: No need to fight. Let's make it along a little

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Speaker 1: bit and you'll get a little bit. Let's make a

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Speaker 1: deal with He approaches the American presidency the exact same way.

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Speaker 1: Just heard it right there. He sits down India, Pakistan. Hey,

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Speaker 1: come on, come on, let's do a deal and we'll

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Speaker 1: make it work for you. We'll make it work for you.

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Speaker 1: You can have some extra curry. We'll throw a little

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Speaker 1: bit of this, little of that in or work out

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Speaker 1: for Everybody makes deals with people, and it works, and

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Speaker 1: now people aren't dying. It matters, and it's a far

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Speaker 1: far departure from what we get every dag gone time

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Speaker 1: there's a Democrat president.

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Speaker 7: We immediately rejoined the Parish Agreement.

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Speaker 4: We convened major climate summits and re established.

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Speaker 1: I apologize, we never pulled out of the agreement three years.

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Speaker 1: I'm sorry. I'm sorry. We kind of sucked. I'm sorry.

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Speaker 1: It's pretting awful. Glad we're done with that anyway. Let's

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Speaker 1: move on, because we have bore things, foreign things to discuss.

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Speaker 1: Before we get to those foreign things, let's get some

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Speaker 1: thing as American as it gets, and that would be

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Speaker 1: chock natural herbal supplements from Chok Do I seem excited

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Speaker 1: when I talk about Chalk, I am because I feel

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Speaker 1: ten years younger I do. I have so much energy.

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Speaker 1: Ze about my late thirties. Just felt like my energy

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Speaker 1: wasn't there anymore. I need to have a coffee. All

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Speaker 1: day's horrible. And then I started taking a male vitality

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Speaker 1: stack from Chalk and my mind feels good. Does that

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Speaker 1: sound weird to say? It's true? My mind feels good.

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Speaker 1: Have so much energy, ready to go, not running out

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Speaker 1: of guys staring at the clock. You want to feel

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Speaker 1: like that, Go get a subscription to something at Chalk

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Speaker 1: you feel like a million bucks. Raise your tea levels

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Speaker 1: through the roof. Gentlemen, ladies, energy levels. They have female

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Speaker 1: Chalk dot com slash jessetb We'll be back.

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Speaker 5: We achieved a total reset with China after productive talks

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Speaker 5: in Geneva. Both sides now agreed to reduce the tariffs

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Speaker 5: imposed after April second to ten percent for ninety days

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Speaker 5: as negotiators continue in the largest structural issues. We're not

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Speaker 5: looking to hurt China. China was being hurt very badly.

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Speaker 5: They were closing up factories, they were having a lot

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Speaker 5: of unrest, and they were very happy to be able

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Speaker 5: to do something with us. And the relationship is very

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Speaker 5: very good.

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Speaker 1: Okay, well that sounds good at least for ninety days.

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Speaker 1: I don't know what all is going on, but I

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Speaker 1: don't have to John does. That's what we rely on

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Speaker 1: John for joining me.

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Speaker 8: Now.

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Speaker 1: John Carney Breibart news editor or News Finance and Economics editor. Hey, John, Okay,

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Speaker 1: first of all, I'm going to ask you so many

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Speaker 1: stupid questions that's to make your head spin, but you're

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Speaker 1: used to that by Now. What deal did we have?

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Speaker 1: What deal do we have? Now? What's with the ninety days?

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Speaker 1: You can just have the show for tonight. What's going on? Yeah?

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Speaker 8: So, Scott Bessett, the Treasury Secretary, and Jameson Greer, the

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Speaker 8: US Trade Representative, went to Switzerland and had what I

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Speaker 8: would call the preliminary discussions. This is really the first

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Speaker 8: time the US and China have gotten together formally since

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Speaker 8: we started putting the tariffs on, since Liberation Day on

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Speaker 8: April third. So what they did is they came together,

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Speaker 8: they you know, had a day of talks. It wasn't

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Speaker 8: a very prolonged thing. There was some preliminary, you know,

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Speaker 8: talks that went on before that, and they agreed to

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Speaker 8: call it like a ninety day cease fire where we

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Speaker 8: would bring down our tariffs to around ten percent, plus

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Speaker 8: there's an additional twenty percent fentanyl tariff that's staying on.

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Speaker 8: China would bring down their tariff to around ten percent.

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Speaker 8: They had gone up to one hundred and twenty five percent.

430
00:26:06,960 --> 00:26:09,480
Speaker 8: We had gone up to one hundred and forty five percent,

431
00:26:10,880 --> 00:26:14,879
Speaker 8: none of which was the intended tariff level. When Trump

432
00:26:14,880 --> 00:26:18,040
Speaker 8: announced the tariff levels, it was down near sixty percent

433
00:26:18,080 --> 00:26:23,400
Speaker 8: originally on Liberation Day. So they are in talks, and

434
00:26:23,720 --> 00:26:27,560
Speaker 8: while they're in talks, the tariffs are going to stay lower.

435
00:26:28,480 --> 00:26:30,679
Speaker 8: There's a reason to be a little skeptical. I know,

436
00:26:30,720 --> 00:26:33,800
Speaker 8: the market is really excited about this, and people are saying,

437
00:26:33,840 --> 00:26:36,400
Speaker 8: you know, yes, this means like trade war called off.

438
00:26:37,240 --> 00:26:41,360
Speaker 8: But this is just really the it's not even an

439
00:26:41,400 --> 00:26:44,960
Speaker 8: outline of a deal. It's a plan to make a deal,

440
00:26:45,760 --> 00:26:48,280
Speaker 8: and so we don't know what's going to happen over

441
00:26:48,359 --> 00:26:52,040
Speaker 8: the next ninety days or after that. I mean, there's

442
00:26:52,440 --> 00:26:55,720
Speaker 8: got to be some institutional memory in the Trump administration

443
00:26:57,000 --> 00:27:00,880
Speaker 8: that last time, they made a bunch of deals with China,

444
00:27:00,920 --> 00:27:02,840
Speaker 8: and China didn't follow through on any.

445
00:27:02,640 --> 00:27:04,040
Speaker 1: Of the things that they said.

446
00:27:03,840 --> 00:27:05,840
Speaker 8: They were going to do, and that's one of the

447
00:27:05,880 --> 00:27:08,119
Speaker 8: reasons why when Trump came back in, he had to

448
00:27:08,119 --> 00:27:12,480
Speaker 8: go big with tariffs again. So, yes, it's a positive

449
00:27:13,000 --> 00:27:17,800
Speaker 8: that talks began, but we'll have to wait and see

450
00:27:17,800 --> 00:27:21,200
Speaker 8: to see, you know, where those things really end up

451
00:27:21,320 --> 00:27:24,440
Speaker 8: and whether China actually follow us through on whatever they

452
00:27:24,480 --> 00:27:24,919
Speaker 8: agree to.

453
00:27:26,320 --> 00:27:29,359
Speaker 1: Okay, So I have a feeling I'm about to ask

454
00:27:29,400 --> 00:27:31,720
Speaker 1: the million dollar question, which would be a miracle for me.

455
00:27:31,800 --> 00:27:36,320
Speaker 1: But Trump referenced the larger structural issues, and I can't

456
00:27:36,359 --> 00:27:38,879
Speaker 1: help but think that's what you seem to be so

457
00:27:39,000 --> 00:27:43,040
Speaker 1: skeptical of. What larger structural issues are we talking about here?

458
00:27:43,640 --> 00:27:47,160
Speaker 8: Yeah, I mean a big problem is China's economy basically

459
00:27:47,359 --> 00:27:51,320
Speaker 8: runs on the idea that they have a huge surplus,

460
00:27:51,720 --> 00:27:55,159
Speaker 8: that they make a ton more than they consume, that

461
00:27:55,200 --> 00:27:58,320
Speaker 8: they run trade deficits against the rest of the world

462
00:27:58,400 --> 00:28:01,479
Speaker 8: and the United States in particular, or I don't know

463
00:28:01,680 --> 00:28:05,080
Speaker 8: how they can easily address that. So one of the

464
00:28:05,080 --> 00:28:08,000
Speaker 8: reasons why I've been skeptical that we would ever really

465
00:28:08,080 --> 00:28:12,240
Speaker 8: come to a deal with China, because I think they'll

466
00:28:12,280 --> 00:28:18,320
Speaker 8: say a lot of things, but they really demand almost

467
00:28:18,320 --> 00:28:22,360
Speaker 8: the right to run trade surpluses, meaning other countries get

468
00:28:22,359 --> 00:28:26,639
Speaker 8: to have trade deficits with China, and it's hard to

469
00:28:26,680 --> 00:28:28,760
Speaker 8: see how they move away from that and stay at

470
00:28:28,800 --> 00:28:33,080
Speaker 8: the level of employment that they really have had, and

471
00:28:33,600 --> 00:28:37,600
Speaker 8: that in itself, like China can't have a ten percent

472
00:28:37,680 --> 00:28:41,480
Speaker 8: unemployment right. If unemployment climbs in China, it will become

473
00:28:41,560 --> 00:28:45,080
Speaker 8: so politically destabilizing that the regime is afraid of that.

474
00:28:45,080 --> 00:28:47,240
Speaker 8: That's one of the reasons they run their country the

475
00:28:47,280 --> 00:28:50,560
Speaker 8: way they do, to keep people very busy so that

476
00:28:50,640 --> 00:28:53,400
Speaker 8: they don't notice that their economy is actually propped up

477
00:28:53,840 --> 00:28:59,920
Speaker 8: by the set by central planning and exits mainly on experts.

478
00:29:00,640 --> 00:29:03,160
Speaker 8: So I'm not sure they'll be able to address the

479
00:29:03,200 --> 00:29:06,479
Speaker 8: structural issues, but I'm glad they're trying. I mean, look,

480
00:29:06,600 --> 00:29:10,480
Speaker 8: the Trump administration has been a lot more positive and

481
00:29:10,600 --> 00:29:14,760
Speaker 8: optimistic than I am on this stuff, and you know,

482
00:29:14,800 --> 00:29:17,800
Speaker 8: maybe I'm just I've grown cynical over the years watching

483
00:29:17,880 --> 00:29:21,880
Speaker 8: China sort of pull the rug out from administration after administration.

484
00:29:22,280 --> 00:29:25,040
Speaker 8: They did it to the first Trump administration, so.

485
00:29:25,000 --> 00:29:25,920
Speaker 1: I'm a little cynical.

486
00:29:26,040 --> 00:29:29,800
Speaker 8: They think that they really can get something done, and

487
00:29:29,880 --> 00:29:32,760
Speaker 8: so I hope that they're right, and then I'm wrong

488
00:29:32,800 --> 00:29:33,080
Speaker 8: on that.

489
00:29:37,040 --> 00:29:40,120
Speaker 1: How how does this work when we have a new

490
00:29:40,200 --> 00:29:45,160
Speaker 1: president in three years, John, meaning can't China or can

491
00:29:45,280 --> 00:29:48,280
Speaker 1: China just kind of ride this out? Or is the

492
00:29:48,280 --> 00:29:52,240
Speaker 1: political situation, as you mentioned, so sensitive there that they

493
00:29:52,360 --> 00:29:55,280
Speaker 1: have to get something done too. Essentially, I'm worried about

494
00:29:55,280 --> 00:29:58,640
Speaker 1: the dictatorship knowing it can ride out the elected president.

495
00:29:59,640 --> 00:30:03,720
Speaker 8: Yep. That's always been a danger. But I actually think

496
00:30:03,880 --> 00:30:07,959
Speaker 8: in this case, time is on our side. Jijingping is

497
00:30:08,000 --> 00:30:11,720
Speaker 8: not Jijingping from ten years ago. In twenty fifteen, he

498
00:30:11,800 --> 00:30:15,160
Speaker 8: was a much younger man. Time is no longer on

499
00:30:15,320 --> 00:30:20,920
Speaker 8: Jijingping's side. He will eventually not be the supreme leader

500
00:30:21,040 --> 00:30:24,520
Speaker 8: of China that we are, and we're ten years closer

501
00:30:24,520 --> 00:30:27,200
Speaker 8: to the day when he's not doing it being the

502
00:30:27,280 --> 00:30:31,200
Speaker 8: leader of China than we were ten years ago. How

503
00:30:31,240 --> 00:30:33,320
Speaker 8: long does he have Nobody knows. He doesn't look like

504
00:30:33,360 --> 00:30:36,480
Speaker 8: a very healthy man to me, and he may get

505
00:30:36,520 --> 00:30:40,280
Speaker 8: turned out before he intends to leave. China is not

506
00:30:40,440 --> 00:30:43,880
Speaker 8: a stable country. There are a lot there are a

507
00:30:43,920 --> 00:30:49,320
Speaker 8: lot of things in the background happening. People you find

508
00:30:49,320 --> 00:30:54,800
Speaker 8: out about generals who disappear, or you know, various secretaries

509
00:30:55,400 --> 00:30:59,120
Speaker 8: under secretaries who just vanish. Why because it's not a

510
00:30:59,120 --> 00:31:03,040
Speaker 8: stable country. And I think the other thing that China

511
00:31:03,440 --> 00:31:06,480
Speaker 8: that's got to be a little bit jarring to China

512
00:31:06,720 --> 00:31:08,960
Speaker 8: is I think they thought the first time around, well,

513
00:31:09,600 --> 00:31:13,040
Speaker 8: once Trump's gone, they'll take those tariffs off. But Biden

514
00:31:13,160 --> 00:31:16,200
Speaker 8: did do that. Biden actually kept the tariffs on. And

515
00:31:16,280 --> 00:31:20,160
Speaker 8: if you look across the political spectrum, whether it's Donald

516
00:31:20,160 --> 00:31:26,200
Speaker 8: Trump all the way to Gavin Newsome actually is saying, yeah,

517
00:31:26,200 --> 00:31:29,200
Speaker 8: we've got to do something about our trade deficit with

518
00:31:29,520 --> 00:31:34,280
Speaker 8: China in particular. So looking across the political spectrum in

519
00:31:34,280 --> 00:31:36,560
Speaker 8: America today, I think they have to be a little

520
00:31:36,600 --> 00:31:38,280
Speaker 8: more nervous than they were.

521
00:31:40,000 --> 00:31:41,040
Speaker 1: Ten years ago.

522
00:31:41,480 --> 00:31:43,160
Speaker 8: Ten years ago they could say, yeah, we've got this

523
00:31:43,280 --> 00:31:46,240
Speaker 8: crazy Trump guy, but he's on his own. The rest

524
00:31:46,280 --> 00:31:50,480
Speaker 8: of the American establishment doesn't agree with him. Now, I

525
00:31:50,520 --> 00:31:53,360
Speaker 8: think we've come to a consensus in this country that

526
00:31:53,440 --> 00:31:56,680
Speaker 8: we're not going to let China continue to run the

527
00:31:56,760 --> 00:32:01,080
Speaker 8: kind of abusive, mercantilist, predatory trade policies that they have

528
00:32:01,800 --> 00:32:05,800
Speaker 8: for the last twenty five years. And that's on both parties.

529
00:32:05,840 --> 00:32:08,800
Speaker 8: So I don't think they can be very confident that

530
00:32:08,840 --> 00:32:10,760
Speaker 8: if we get it, you know, certainly not if we

531
00:32:10,800 --> 00:32:13,480
Speaker 8: get Jade vance In as the next president, but even

532
00:32:13,520 --> 00:32:15,760
Speaker 8: if we get a Democrat in, I don't think it's

533
00:32:15,760 --> 00:32:17,600
Speaker 8: going to be I think a Democrat's going to have

534
00:32:17,640 --> 00:32:21,440
Speaker 8: to end up running hard on trade. Remember Kamala Harris

535
00:32:21,480 --> 00:32:24,240
Speaker 8: tried to run against tariffs. She called it a national

536
00:32:24,320 --> 00:32:29,680
Speaker 8: sales tax and failed very badly. I think the next Democrat,

537
00:32:30,080 --> 00:32:32,560
Speaker 8: the next group of Democrats to run, are actually going

538
00:32:32,600 --> 00:32:34,280
Speaker 8: to be pretty hawkish on trade issues.

539
00:32:36,080 --> 00:32:39,120
Speaker 1: Let's switch gears a little bit here to address the

540
00:32:39,120 --> 00:32:42,400
Speaker 1: FED thing. The FED thing being the fact that Donald

541
00:32:42,440 --> 00:32:45,760
Speaker 1: Trump called Jerome Powell fool last week. What's going on

542
00:32:45,840 --> 00:32:47,320
Speaker 1: with this this little tiff?

543
00:32:48,280 --> 00:32:52,400
Speaker 8: Well, yeah, so Donald Trump believes that he should be

544
00:32:52,400 --> 00:32:55,360
Speaker 8: able to call you know, the head of the Federal

545
00:32:55,400 --> 00:32:58,800
Speaker 8: Reserve a fool or his you know, too late is

546
00:32:58,840 --> 00:33:00,320
Speaker 8: his nickname for j.

547
00:33:00,520 --> 00:33:00,760
Speaker 1: Powell.

548
00:33:01,560 --> 00:33:04,600
Speaker 8: He really thinks Ja Palell should be cutting rates. We

549
00:33:04,720 --> 00:33:09,200
Speaker 8: got some very low inflation reports, particularly the inflation report

550
00:33:09,200 --> 00:33:11,800
Speaker 8: for March was very low. Later this week we'll get

551
00:33:11,840 --> 00:33:16,160
Speaker 8: out the April inflation report. If that's also very low.

552
00:33:16,560 --> 00:33:19,920
Speaker 8: Donald Trump will have a much better argument. And look,

553
00:33:20,280 --> 00:33:23,280
Speaker 8: the market does agree that the FED will start cutting

554
00:33:23,400 --> 00:33:27,800
Speaker 8: sometime this year, that they'll probably cut three or four times.

555
00:33:29,200 --> 00:33:33,040
Speaker 8: And Trump's point is that e thinks fuel prices are

556
00:33:33,080 --> 00:33:37,120
Speaker 8: coming down, we're deregulating, We're going to have more supply

557
00:33:37,320 --> 00:33:41,000
Speaker 8: side on the economy, and so therefore we're probably not

558
00:33:41,080 --> 00:33:44,280
Speaker 8: going to have a lot of inflation. The Fed holding out,

559
00:33:44,640 --> 00:33:48,200
Speaker 8: maybe holding back the economy. I'll say, in the defense

560
00:33:48,280 --> 00:33:51,040
Speaker 8: of Jeram Powell, I think there's a little bit of

561
00:33:51,680 --> 00:33:55,239
Speaker 8: still reason to be nervous that not all of the

562
00:33:55,280 --> 00:33:58,360
Speaker 8: Biden inflation has been squeezed out of the economy, that

563
00:33:58,440 --> 00:34:03,480
Speaker 8: we still may have a residual inflationary impulse in the economy,

564
00:34:04,200 --> 00:34:08,080
Speaker 8: and if you cut rates too early, you risk reigniting that.

565
00:34:08,719 --> 00:34:13,239
Speaker 8: So look, I get it. Trump's a low interest rate guy.

566
00:34:13,280 --> 00:34:17,160
Speaker 8: He wants them to cut. It's probably been too early.

567
00:34:17,600 --> 00:34:20,040
Speaker 8: The next meeting or the meeting after that, probably not

568
00:34:20,080 --> 00:34:21,800
Speaker 8: too early. Then we're probably about ready.

569
00:34:24,080 --> 00:34:26,919
Speaker 1: John, as always, brother, I appreciate you very much. Thanks

570
00:34:26,920 --> 00:34:32,320
Speaker 1: for making us smarter. All right, Trump did something enormous

571
00:34:32,360 --> 00:34:36,480
Speaker 1: today with big Pharma. Jeffrey Tucker, as you can imagine,

572
00:34:36,560 --> 00:34:39,080
Speaker 1: has a lot to say about this. We will get

573
00:34:39,120 --> 00:34:41,800
Speaker 1: to Jeffrey in a moment. Before we get to Jeffrey,

574
00:34:42,680 --> 00:34:46,680
Speaker 1: let me get to this. You know, I'm not a

575
00:34:46,719 --> 00:34:52,120
Speaker 1: big jewelry accessory guy. It's just not who I am.

576
00:34:53,560 --> 00:34:55,840
Speaker 1: I really really take a lot of pride in my watch.

577
00:34:56,840 --> 00:34:59,720
Speaker 1: And it's not because it's nice, although it is very nice.

578
00:35:00,440 --> 00:35:04,440
Speaker 1: It's because it's a Wasson Watch. Wasson Watch, you know,

579
00:35:05,360 --> 00:35:08,760
Speaker 1: by a United States Marine run by a United States

580
00:35:08,760 --> 00:35:12,120
Speaker 1: Marine veteran. Wasson Watched, the company that not only makes

581
00:35:12,120 --> 00:35:16,920
Speaker 1: these super nice Swiss watches, they share and promote our

582
00:35:17,000 --> 00:35:21,120
Speaker 1: values without shame. I love that Wasson watch it. Go

583
00:35:21,120 --> 00:35:24,000
Speaker 1: look at their social media. If you're wondering, Hey, what

584
00:35:24,160 --> 00:35:26,480
Speaker 1: should I get one? I'm not really sure. Go look.

585
00:35:26,880 --> 00:35:29,960
Speaker 1: Wasson Watch will be proudly talking about the Second Amendment,

586
00:35:30,160 --> 00:35:33,560
Speaker 1: about being pro life. That's what makes me proud of it.

587
00:35:33,560 --> 00:35:35,800
Speaker 1: It's not just the fact that it's a really nice watch.

588
00:35:36,239 --> 00:35:39,920
Speaker 1: I love my Wasson Watch. Do you want one? You

589
00:35:39,920 --> 00:35:42,680
Speaker 1: want a nice discount on one? Came and tell you

590
00:35:42,719 --> 00:35:45,120
Speaker 1: how cool the little leather cake. Just go get a

591
00:35:45,160 --> 00:35:50,560
Speaker 1: Wasson Watch. Wassonwatch dot com code Jessie gets you a

592
00:35:50,600 --> 00:35:52,960
Speaker 1: nice discount on one. We'll be back.

593
00:36:01,239 --> 00:36:03,320
Speaker 5: So for the first time in many years, we'll slash

594
00:36:03,360 --> 00:36:06,480
Speaker 5: the costs of prescription drugs and we will bring fairness

595
00:36:06,480 --> 00:36:09,640
Speaker 5: to America. Drug prices will come down. But starting today,

596
00:36:09,640 --> 00:36:12,600
Speaker 5: the United States will no longer subsidize the healthcare of

597
00:36:12,640 --> 00:36:16,120
Speaker 5: foreign countries and will no longer tolerate profiteering and price

598
00:36:16,160 --> 00:36:18,160
Speaker 5: gouging from big pharma.

599
00:36:18,239 --> 00:36:19,040
Speaker 1: But it's called.

600
00:36:18,840 --> 00:36:21,400
Speaker 5: Most Favored nation. We are going to pay the lowest

601
00:36:21,440 --> 00:36:25,080
Speaker 5: price there is in the world. We will get whoever

602
00:36:25,160 --> 00:36:28,279
Speaker 5: is paying the lowest price. That's the price that we're

603
00:36:28,320 --> 00:36:30,840
Speaker 5: going to get. I am doing this for the American people.

604
00:36:32,040 --> 00:36:35,520
Speaker 5: I'm doing this against the most powerful lobby in the world,

605
00:36:35,640 --> 00:36:39,839
Speaker 5: probably the drug lobby, drug and pharmaceutical lobby. But it's

606
00:36:39,880 --> 00:36:42,120
Speaker 5: one of the most important orders I think that's ever

607
00:36:42,160 --> 00:36:45,680
Speaker 5: been signed, certainly with regard to healthcare or health in

608
00:36:45,719 --> 00:36:46,800
Speaker 5: the history of our country.

609
00:36:48,800 --> 00:36:53,080
Speaker 1: Okay, what happened today? My head is spinning about the

610
00:36:53,120 --> 00:36:56,960
Speaker 1: whole thing. I can't tell. Is it good? Is it

611
00:36:57,000 --> 00:36:59,360
Speaker 1: going to blow up the market? Is it bad? I

612
00:36:59,400 --> 00:37:02,040
Speaker 1: don't know. I'd love for everybody to be paying less.

613
00:37:02,200 --> 00:37:05,240
Speaker 1: Joining me now, is somebody who does know Jeffrey A. Tucker,

614
00:37:05,280 --> 00:37:10,200
Speaker 1: President Brownstone Institute. Okay, Jeffrey, pretend I know nothing about

615
00:37:10,239 --> 00:37:13,320
Speaker 1: big pharma, which I pretty much do. What happened today?

616
00:37:13,520 --> 00:37:15,840
Speaker 1: Was it good? Was it a disaster? To explain this

617
00:37:15,880 --> 00:37:16,120
Speaker 1: to me.

618
00:37:16,760 --> 00:37:19,880
Speaker 9: It's a huge move towards market competition to break up

619
00:37:19,880 --> 00:37:24,279
Speaker 9: the American cartel of pharmaceutical companies that have been overcharging

620
00:37:24,800 --> 00:37:28,920
Speaker 9: ridiculous amounts at the expense of the taxpayers for decades

621
00:37:28,960 --> 00:37:31,719
Speaker 9: and decades. Nobody's ever had the courage to do this.

622
00:37:32,239 --> 00:37:35,520
Speaker 9: It's an obvious thing. It's a common sense thing. And

623
00:37:35,600 --> 00:37:40,920
Speaker 9: the executive order I just read it today is totally perfect.

624
00:37:41,480 --> 00:37:44,319
Speaker 1: Okay, though the executive order is perfect, I love to

625
00:37:44,320 --> 00:37:48,120
Speaker 1: hear that. Now, what cartel are you talking about? Could

626
00:37:48,160 --> 00:37:52,279
Speaker 1: you describe this pharmaceutical cartel? And why at least in

627
00:37:52,320 --> 00:37:55,239
Speaker 1: the past we have been paying like eight times as

628
00:37:55,360 --> 00:37:58,680
Speaker 1: much for Thailand all as those dirty Europeans do. Well.

629
00:37:58,719 --> 00:38:00,960
Speaker 9: A lot of it comes down to the patents with

630
00:38:01,480 --> 00:38:05,480
Speaker 9: essentially establish an industrial monopoly, and they're shared with the

631
00:38:05,520 --> 00:38:09,200
Speaker 9: agencies thanks to the Bidol Act, which permits this kind

632
00:38:09,200 --> 00:38:16,000
Speaker 9: of racketeering to go on legally, so that NIH is

633
00:38:16,040 --> 00:38:19,239
Speaker 9: sharing patents with private producers, and they share employees, and

634
00:38:19,280 --> 00:38:24,040
Speaker 9: they share funding. Taxpayers are on the hook for funding

635
00:38:24,440 --> 00:38:27,200
Speaker 9: these the R and D for the drugs, and then

636
00:38:27,480 --> 00:38:30,160
Speaker 9: sometimes even buying all the drugs, and then of course

637
00:38:30,280 --> 00:38:35,360
Speaker 9: through medicare and medicaid being the main customer for these drugs,

638
00:38:36,120 --> 00:38:38,440
Speaker 9: and no other country is stupid enough to do this.

639
00:38:39,160 --> 00:38:43,040
Speaker 9: So they charge just normal market prices, which could be

640
00:38:43,080 --> 00:38:46,480
Speaker 9: a tenth as much as you get in the US.

641
00:38:46,560 --> 00:38:50,919
Speaker 9: So you know, in the US you might pay three

642
00:38:50,920 --> 00:38:53,400
Speaker 9: thousand dollars for a drug and then just go just

643
00:38:53,520 --> 00:38:56,879
Speaker 9: one ch across the Canadian border and it'll be three

644
00:38:57,000 --> 00:38:59,480
Speaker 9: hundred dollars for the exact same drug from the exact

645
00:38:59,480 --> 00:39:04,400
Speaker 9: same plan. So the whole thing is outrageous the US.

646
00:39:04,680 --> 00:39:08,320
Speaker 9: They put it today that the US is subsidizing the world,

647
00:39:08,360 --> 00:39:11,719
Speaker 9: which is kind of true. It's hard to say if

648
00:39:11,760 --> 00:39:15,000
Speaker 9: that's true. One thing is for sure, Americans are paying

649
00:39:15,120 --> 00:39:19,479
Speaker 9: monopoly prices. Whether you're paying without insurance, in which case

650
00:39:19,520 --> 00:39:22,560
Speaker 9: you're absolutely going to get fleeced. If you're paying with insurance,

651
00:39:23,440 --> 00:39:27,000
Speaker 9: then the insurance company is getting fleeced, and who's getting

652
00:39:27,040 --> 00:39:31,440
Speaker 9: the profits. It's a lot of times these pharmacy benefit

653
00:39:31,520 --> 00:39:37,359
Speaker 9: manager companies that are skimming off the top, and it's

654
00:39:37,400 --> 00:39:41,600
Speaker 9: all coming at the expensive taxpayers and consumers. It's just

655
00:39:41,719 --> 00:39:45,640
Speaker 9: complete robbery. It's astounding that it's been allowed to go

656
00:39:45,640 --> 00:39:49,520
Speaker 9: go on this long. But the thing is that the

657
00:39:49,520 --> 00:39:52,560
Speaker 9: pharmaceutical lobby, which Trump put it out, is so powerful

658
00:39:52,600 --> 00:39:56,040
Speaker 9: in Washington, who's exactly right, has always been able to

659
00:39:56,280 --> 00:39:59,680
Speaker 9: forestall any kinds of changes in this based on the

660
00:39:59,719 --> 00:40:02,399
Speaker 9: idea that they have a free market in the US

661
00:40:02,560 --> 00:40:05,160
Speaker 9: and these are free market prices that are anything but

662
00:40:05,520 --> 00:40:08,680
Speaker 9: free market prices. And then they also claim that all

663
00:40:08,719 --> 00:40:13,680
Speaker 9: these excess profits are necessary for research and development, which

664
00:40:13,680 --> 00:40:17,160
Speaker 9: if that's true, it just simply means that American taxpayers,

665
00:40:17,200 --> 00:40:21,560
Speaker 9: American consumers are paying vast amounts of money to develop

666
00:40:21,800 --> 00:40:24,400
Speaker 9: drugs for the world that they're getting at a deep discount,

667
00:40:24,440 --> 00:40:27,359
Speaker 9: So that by itself is outrageous. But I'm making sure

668
00:40:27,440 --> 00:40:30,120
Speaker 9: that's true. I mean, a lot of these drugs are repurposed.

669
00:40:30,320 --> 00:40:33,360
Speaker 9: When you look at the GLS ones that everybody is

670
00:40:33,400 --> 00:40:36,160
Speaker 9: talking about for losing weight, they weren't developed as weight

671
00:40:36,200 --> 00:40:39,239
Speaker 9: loss drugs. They're developed as diabetes drugs, So that's the

672
00:40:39,280 --> 00:40:42,880
Speaker 9: secondary purpose. I mean, the research and development didn't discover

673
00:40:43,000 --> 00:40:43,759
Speaker 9: that it was.

674
00:40:43,680 --> 00:40:45,000
Speaker 1: Discovered in use.

675
00:40:45,600 --> 00:40:49,960
Speaker 9: So there's wild exaggeration concerning this black hole called R

676
00:40:50,000 --> 00:40:52,680
Speaker 9: and D, which we're supposed to just be shelling out

677
00:40:52,719 --> 00:40:57,719
Speaker 9: for forever. But there's what's fascinating to me about this.

678
00:40:58,280 --> 00:41:01,080
Speaker 9: Like I watched the press conference. It was totally great.

679
00:41:02,120 --> 00:41:07,279
Speaker 9: RFK was fantastic. Trump was amazing, and his scope of

680
00:41:07,320 --> 00:41:11,240
Speaker 9: his knowledge and its ferocity on the subject. Martin McCarey,

681
00:41:11,320 --> 00:41:16,399
Speaker 9: doctor Oz, and also Jay Badataria, We're all fantastic. Don't forget.

682
00:41:16,480 --> 00:41:19,400
Speaker 9: Jay Batataria is also a health economist who's got a

683
00:41:19,440 --> 00:41:24,640
Speaker 9: PhD in economics, and a classical liberal libertarian in some

684
00:41:24,760 --> 00:41:29,240
Speaker 9: ideological sense. But he recognizes too, this is about creating

685
00:41:29,440 --> 00:41:33,600
Speaker 9: an internationally competitive market price for these drugs, and so

686
00:41:34,200 --> 00:41:39,000
Speaker 9: he gave a very articulous statement. What shocks me about

687
00:41:39,000 --> 00:41:42,080
Speaker 9: the whole thing, or what strikes me is kind of

688
00:41:42,160 --> 00:41:45,920
Speaker 9: really interesting about this is that this order from the

689
00:41:45,960 --> 00:41:49,840
Speaker 9: top in Trump's right, it's it's epic. It's like nothing

690
00:41:50,000 --> 00:41:55,400
Speaker 9: like this has ever happened, has already set off wars

691
00:41:55,520 --> 00:41:57,920
Speaker 9: on the left and the right. I mean, for one thing,

692
00:41:58,000 --> 00:42:01,440
Speaker 9: the left is ostensibly always favored this until they got

693
00:42:01,360 --> 00:42:04,840
Speaker 9: in bed with big pharma, and now they're sort of

694
00:42:04,920 --> 00:42:07,880
Speaker 9: hilariously against it. So it puts in the awkward position

695
00:42:07,960 --> 00:42:11,520
Speaker 9: of arguing for higher drug prices on behalf of a

696
00:42:11,600 --> 00:42:14,200
Speaker 9: drug cartel. I mean, that's not a good place for

697
00:42:14,239 --> 00:42:16,839
Speaker 9: the Democrats to be in, but that's where Trump has

698
00:42:16,880 --> 00:42:19,520
Speaker 9: put them. And then on the other hand, you have

699
00:42:19,640 --> 00:42:24,360
Speaker 9: this sort of corporate right wing I guess lack of

700
00:42:24,360 --> 00:42:27,319
Speaker 9: a better term. For example, the Wall Street Journal and

701
00:42:27,360 --> 00:42:33,360
Speaker 9: almost every establishment libertarian, liberty, free market person online that

702
00:42:33,400 --> 00:42:36,880
Speaker 9: I could find is totally aggreinst this on grounds that

703
00:42:36,960 --> 00:42:41,000
Speaker 9: they say this is price control, which is an Orwelian

704
00:42:41,160 --> 00:42:45,479
Speaker 9: upside down claim, but they're making it every day.

705
00:42:47,560 --> 00:42:51,600
Speaker 1: Yeah, Jeffrey, I know this is a complicated thing. I

706
00:42:51,640 --> 00:42:53,640
Speaker 1: asked you to try to do that in about five minutes,

707
00:42:53,640 --> 00:42:56,080
Speaker 1: but I appreciate you giving it an effort. Thank you.

708
00:42:57,520 --> 00:43:09,479
Speaker 1: All Right, we have light in the loop next hight.

709
00:43:10,080 --> 00:43:15,920
Speaker 1: It is time to lighten the mood. And Jill Biden

710
00:43:16,200 --> 00:43:21,000
Speaker 1: is just a heartless, heartless woman. She dragged poor Joe

711
00:43:21,040 --> 00:43:24,000
Speaker 1: out of retirement and threw a suit on him because

712
00:43:24,040 --> 00:43:26,480
Speaker 1: she has some new fake gig in Washington, d C.

713
00:43:26,719 --> 00:43:29,719
Speaker 1: Which will keep her rich and famous, and she had

714
00:43:29,760 --> 00:43:32,520
Speaker 1: poor Joe do this media tour, and she had to

715
00:43:32,520 --> 00:43:34,359
Speaker 1: sit there right by him the whole time to hold

716
00:43:34,440 --> 00:43:36,720
Speaker 1: his little hand, because Joe's just not even a functional

717
00:43:36,800 --> 00:43:40,640
Speaker 1: adult anymore. And they made him, they made him go

718
00:43:40,719 --> 00:43:42,799
Speaker 1: do the view and it went about like you thought

719
00:43:42,800 --> 00:43:43,360
Speaker 1: it was gonna go.

720
00:43:44,200 --> 00:43:47,160
Speaker 10: Yeah, mister president. Since you left office, there have been

721
00:43:47,160 --> 00:43:50,360
Speaker 10: a number of books that have come out, deeply sourced

722
00:43:50,360 --> 00:43:53,359
Speaker 10: from democratic sources, that claim in your final year there

723
00:43:53,400 --> 00:43:57,840
Speaker 10: was a dramatic decline in your cognitive abilities in the

724
00:43:58,080 --> 00:44:00,319
Speaker 10: final year of your presidency. What is your response to

725
00:44:00,360 --> 00:44:02,640
Speaker 10: these allegations? Are these sources wrong?

726
00:44:03,360 --> 00:44:07,560
Speaker 7: They are wrong. There's nothing to sustain that. We found

727
00:44:07,560 --> 00:44:13,000
Speaker 7: ourselves unable to deal with a lot of just basic

728
00:44:13,080 --> 00:44:16,520
Speaker 7: issues and I won't go into it in interesting time.

729
00:44:17,280 --> 00:44:19,920
Speaker 7: And so we went to work and we got it done.

730
00:44:20,000 --> 00:44:23,480
Speaker 7: And you know one of the things that.

731
00:44:22,920 --> 00:44:26,759
Speaker 11: That well well, and listen, you know, one of the

732
00:44:26,800 --> 00:44:30,560
Speaker 11: things I think is that the people who wrote those

733
00:44:30,600 --> 00:44:33,759
Speaker 11: books were not in the White House with us, and

734
00:44:33,800 --> 00:44:38,600
Speaker 11: they didn't see how hard Joe worked every single day.

735
00:44:39,480 --> 00:44:43,560
Speaker 2: They're all the the projects, the.

736
00:44:43,480 --> 00:44:45,840
Speaker 4: Benefit how do you lead the world with having that?

737
00:44:45,960 --> 00:44:47,719
Speaker 4: Best instructions were how do you leave the world having

738
00:44:48,000 --> 00:44:49,680
Speaker 4: But out of the best health care role. How do

739
00:44:49,719 --> 00:44:52,279
Speaker 4: you lead the world without having the best education were

740
00:44:52,480 --> 00:44:54,120
Speaker 4: How do you lead the world and you don't have

741
00:44:54,200 --> 00:44:58,160
Speaker 4: that done?

742
00:45:00,239 --> 00:45:04,799
Speaker 1: Four years. That man pretended to be our president for

743
00:45:04,880 --> 00:45:08,520
Speaker 1: four years. I'll see them up.

744
00:45:09,600 --> 00:45:14,920
Speaker 8: Mm hmmmmmmmmmmmmm