WEBVTT - Reverse Robin Hood

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<v Speaker 1>People think that the President of the United States has

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<v Speaker 1>the power for debt forgiveness. He does not. He can postpone,

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<v Speaker 1>he can delay, but he does not have that power.

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<v Speaker 1>That has to be an act of Congress. The president

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<v Speaker 1>can't do it, So that's not even a discussion. Not

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<v Speaker 1>everybody realizes that. But the president can only postpone, delay,

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<v Speaker 1>but not forgive. That is a quote from Democrat House

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<v Speaker 1>Speaker Nancy Pelosi twenty seven days before Joe Biden unilaterally

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<v Speaker 1>forgave student debt. This is Verdict with Ted Cruz. This

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<v Speaker 1>episode of Verdict with Ted Cruz is sponsored by American

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<v Speaker 1>Hartford Gold. If you're like me, then you are growing

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<v Speaker 1>more and more concerned about the state of our country

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<v Speaker 1>and about your own future. Inflation is at the highest

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<v Speaker 1>rate that we've seen in forty years, and interest rates

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<v Speaker 1>are skyrocketing. In fact, market experts like Jamie Diamond, who

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<v Speaker 1>is the CEO of JP Morgan, are not only predicting

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<v Speaker 1>that we will face an economic recession, they're using phrases

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<v Speaker 1>like economic hurricane and unprecedented. If you want to protect

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<v Speaker 1>your future, then do what I did. Call the only

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<v Speaker 1>precious metal dealers that I trust American Heart for gold.

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<v Speaker 1>They can show you how to hedge your hard earned

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<v Speaker 1>savings against inflation by diversifying a portion of your portfolio

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<v Speaker 1>into physical gold and silver. All it takes to get

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<v Speaker 1>started is a short phone call and they'll have physical

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<v Speaker 1>gold and silver shipped directly to your door or perhaps

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<v Speaker 1>into your IRA or four oh one K and they

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<v Speaker 1>and thousands of satisfied clients. And if you call them

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<v Speaker 1>right now, they will give you up to fifteen hundred

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<v Speaker 1>dollars of free silver and a free safe on your

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<v Speaker 1>first qualifying order. So don't wait, call them now. Call

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<v Speaker 1>eight five five seven six eight one eight eight three.

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<v Speaker 1>That's eight five five seven six eight one eight eight three.

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<v Speaker 1>Or if you prefer text messaging, you can text the

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<v Speaker 1>word cactus to six five five three two. Again the

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<v Speaker 1>phone number is eight five five seven six eight one

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<v Speaker 1>eight eight three. Or you can send the word cactus

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<v Speaker 1>via text message to six five five three two. You'll

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<v Speaker 1>be glad you did. Welcome back to Verdict with Ted Cruz.

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<v Speaker 1>I am Michael Knowles, joined as ever by Senator Cruz.

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<v Speaker 1>We're so happy to be with all of you, and

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<v Speaker 1>condolences to all of the poor schmucks out there who

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<v Speaker 1>actually paid off your student debts or your kids student debts.

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<v Speaker 1>You really blew it, folks. You could have gotten a

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<v Speaker 1>freebe but you did the right thing, and now too

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<v Speaker 1>bad for you. It's fairly stunning. You know. I'm reminded

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<v Speaker 1>of mel Brooks when he observed it's good to be

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<v Speaker 1>the king. What Joe Biden is doing is completely lawless.

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<v Speaker 1>So Senator I not only take your word for it

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<v Speaker 1>that this is not legal, I so take Nancy Pelosi's

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<v Speaker 1>word for it. Never thought I would say that's statement.

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<v Speaker 1>But when's the last time Nancy and I agreed this

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<v Speaker 1>might be the one and only time Joe Biden bringing

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<v Speaker 1>the country together. I think the argument they tried to

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<v Speaker 1>make was that this in some way related to the

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<v Speaker 1>Heroes Act after September eleventh, and they're all these kind

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<v Speaker 1>of bizarro expost facto explanations of how Biden did this.

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<v Speaker 1>But I take both of your word for it that

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<v Speaker 1>it's not really legal, and yet obviously he is doing

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<v Speaker 1>it so well. He might not have the right to

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<v Speaker 1>do it, he apparently has the power to do it.

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<v Speaker 1>My question then, is less about the law and more

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<v Speaker 1>about the politics of this Biden. I guess he just

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<v Speaker 1>thinks he's buying votes and the way that machine politics

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<v Speaker 1>has often bought votes. Is this going to work in November. Well,

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<v Speaker 1>let's thank those one at a time. On the law question,

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<v Speaker 1>I think it is clear that he does not have

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<v Speaker 1>the legal authority to do this, and this week's cloak

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<v Speaker 1>Room on Verdict Plus is entirely about that we do

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<v Speaker 1>a deep dive into the statutes, into the asserted justifications.

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<v Speaker 1>The Biden Department of Justice put out a new memorandum

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<v Speaker 1>from the Office Legal Counsel trying to claim it had

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<v Speaker 1>the authority to do this, and so on cloak Room,

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<v Speaker 1>I go into the statutes, into the details and explain

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<v Speaker 1>why all of that is nonsense. And in terms of

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<v Speaker 1>the politics, I don't know. So there are cross cutting concerns,

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<v Speaker 1>and the honest answer is I don't know how this

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<v Speaker 1>will play politically. Let me give the argument for why

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<v Speaker 1>it will play badly for the Democrats, and then I'll

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<v Speaker 1>give the argument why it'll play well. The argument why

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<v Speaker 1>it plays badly is that it is reverse Robin Hood.

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<v Speaker 1>Robin Hood stole from the rich and gave from the poor.

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<v Speaker 1>This is Joe Biden stealing from the poor and giving

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<v Speaker 1>to the rich. And let me give you some statistics.

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<v Speaker 1>According to Brookings, the left wing think to the media,

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<v Speaker 1>and income of households with student loans is seventy six thousand,

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<v Speaker 1>four hundred. Only seven percent of those are below the

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<v Speaker 1>poverty line. So these are not typically the poor that

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<v Speaker 1>we're talking about that have student loans. But look they've

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<v Speaker 1>gone to college or grad school, so that that tends

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<v Speaker 1>to move you up in the income skis strata to

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<v Speaker 1>begin with, among those making payments on their loans. So

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<v Speaker 1>if you exclude the people who aren't making any payments

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<v Speaker 1>and you focus just on those making payments on their loans,

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<v Speaker 1>the media income is eighty six thousand, five hundred dollars,

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<v Speaker 1>so that's starting to get up there, and only four

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<v Speaker 1>percent are in poverty. Overall, the top forty percent of

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<v Speaker 1>American households hold sixty percent of the student loans. How

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<v Speaker 1>many Americans have degrees, Well, thirty seven percent of Americans

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<v Speaker 1>have a bachelor's degree and fourteen percent of Americans have

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<v Speaker 1>a graduate or professional degree. That's courted the Census Bureau

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<v Speaker 1>and the unemployment rate for college graduates right now is

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<v Speaker 1>two point nine percent. Approximately eighty seven percent of American

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<v Speaker 1>adults do not have student loans, so it is benefiting

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<v Speaker 1>a relatively small, discreete class um. This could play very

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<v Speaker 1>badly for Joe Biden if the people who are paying

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<v Speaker 1>for it are pissed off. You know this is this

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<v Speaker 1>will cost every taxpayer on average two thousand, one hundred

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<v Speaker 1>dollars to give away this money. So, Senator, do you

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<v Speaker 1>remember a couple of years ago there was a voter

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<v Speaker 1>or constituent on the campaign trail he approached Liz Warren,

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<v Speaker 1>your colleague, when Senator Warren was pitching student loan forgiveness,

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<v Speaker 1>and he didn't like the idea I'm having. Yep, I

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<v Speaker 1>just want asking questions. My daughter's getting out of school.

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<v Speaker 1>I saved all my money. Just am I gonna get

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<v Speaker 1>my money back? So you're gonna pay for people who

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<v Speaker 1>didn't save the money, so that those of us that

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<v Speaker 1>did the right thing get screwed. My buddy hit Fun

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<v Speaker 1>bought a car, went on vacations. I saved my money.

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<v Speaker 1>He made more than idea, but I worked a double.

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<v Speaker 1>The ship worked extra, my dallars works. He his ten.

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<v Speaker 1>So you're laughing, Yeah, that's exactly what you're doing. We

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<v Speaker 1>did the right thing and we get screwed. I appreciate

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<v Speaker 1>I didn't look like that was playing very well in Peoria.

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<v Speaker 1>And so I do think folks like that guy questioning

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<v Speaker 1>Elizabeth Warren are going to be pissed off. I do think, Uh,

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<v Speaker 1>steel workers and truck drivers and plumbers have a reason

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<v Speaker 1>to be pissed off. All of this could bounce badly

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<v Speaker 1>for Democrats. Don't let me give you the flip argument.

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<v Speaker 1>It may be a political master stroke. Why is that that?

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<v Speaker 1>There's there's a school of thought and economics that's called

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<v Speaker 1>public choice theory, and public choice theory examines how decision

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<v Speaker 1>making is made in a democratic society. And essentially what

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<v Speaker 1>it focuses on is when you have a relatively small

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<v Speaker 1>group with a concentrated benefit and you have a large

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<v Speaker 1>group with a diffuse harm. The small group cares a

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<v Speaker 1>lot about it, and the large group typically doesn't. And

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<v Speaker 1>so look that there is a real risk if if

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<v Speaker 1>you are that that slacker barista who who wasted seven

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<v Speaker 1>years in college studying completely useless things now has loans

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<v Speaker 1>and can't get a job. Joe Biden just gave you

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<v Speaker 1>twenty grand, like holy cow, twenty grand that you know,

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<v Speaker 1>maybe you weren't going to vote in November and suddenly

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<v Speaker 1>you just got twenty grand. And you know, if you can,

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<v Speaker 1>you know, get off the bond for a minute and

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<v Speaker 1>head down to the voting station or just send in

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<v Speaker 1>your mail in ballot that the Democrats have helpfully sent you,

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<v Speaker 1>it could drive up turnout, particularly among young people and

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<v Speaker 1>the people who are getting screwed. It's not necessarily the

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<v Speaker 1>case that they understand they're getting screwed. It's a little

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<v Speaker 1>more diffuse of I'm paying taxes, but it's not like

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<v Speaker 1>you get a bill in October, Dear Michael, send in

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<v Speaker 1>your two thousand, one hundred dollars to pay for slacker

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<v Speaker 1>boys loans getting forgiven. When I think of the whatever

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<v Speaker 1>the estimated three hundred billion to six hundred billion dollars

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<v Speaker 1>that this could cost, we don't have a really firm

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<v Speaker 1>number yet, I think, yeah, that's a lot of money.

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<v Speaker 1>But in the perspective of all the other money that

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<v Speaker 1>the federal government spends, it's it's just not going to

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<v Speaker 1>make a huge difference. So that is one great fear,

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<v Speaker 1>and then the other fear long term as to whether

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<v Speaker 1>or not this is a Democrat political masterstroke is you've

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<v Speaker 1>now created a system of incentives whereby people will be

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<v Speaker 1>more likely to go to college, assuming that they're not

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<v Speaker 1>going to have to pay back their loans, assuming that

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<v Speaker 1>the big Daddy government is going to come in and

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<v Speaker 1>take care of them whenever a Democrat is in the

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<v Speaker 1>White House. And the thing we know about college these

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<v Speaker 1>days is it doesn't train you for jobs. It doesn't

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<v Speaker 1>give you a liberal education that seemed to go out

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<v Speaker 1>the window decades ago. All it really seems to do

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<v Speaker 1>is make people more likely to vote for Democrats. So

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<v Speaker 1>even forgetting even about the midterm elections or twenty twenty four,

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<v Speaker 1>in the long term, as a result of this education

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<v Speaker 1>bill that almost certainly will not result in any real

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<v Speaker 1>additional education for people, you could have Democrats grooming a

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<v Speaker 1>whole new generation of voters to be more likely to

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<v Speaker 1>support them. Well, I think that's possible. I think there's

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<v Speaker 1>another effect that this act is going to drive up inflation.

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<v Speaker 1>I think significantly. You know, it's amazing, between this and

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<v Speaker 1>the build back Broke bill they just jammed through, the

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<v Speaker 1>Democrats have just spent another trillion dollars. Inflation is the

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<v Speaker 1>number one issue in the country, and they're just pouring

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<v Speaker 1>gasoline on it. You know, we just saw today the

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<v Speaker 1>Wall Street Journal reported that that home mortgage rates have

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<v Speaker 1>jumped up even more to five and a half percent.

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<v Speaker 1>You know, look, that's real economic pain for a first

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<v Speaker 1>time home buyer for for that matter, or anyone trying

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<v Speaker 1>to buy a home. One of the effects of the

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<v Speaker 1>inflation most concentrated is going to be on college tuition.

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<v Speaker 1>You know, everyone this does nothing about the crisis. I

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<v Speaker 1>actually agree there's a student loan problem because universities are

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<v Speaker 1>engaged in hyper inflation. You know, they've got you know,

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<v Speaker 1>you're and my alma maters have endowments, you know, thirty

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<v Speaker 1>forty fifty billion dollars, and yet they're bilking students out

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<v Speaker 1>of massive amounts. They keep jacking up the prices year

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<v Speaker 1>after year after year. And they've got tenured faculty who

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<v Speaker 1>teach one class. They've got you know, fifty diversity administrators

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<v Speaker 1>who all make six figure checks. This is the very

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<v Speaker 1>worst of leftist politics, which is they take care of

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<v Speaker 1>their friends and they give them money. You look at

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<v Speaker 1>this build back Broke bill where they paid off all

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<v Speaker 1>these left wing environmentalist groups who are just making billions

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<v Speaker 1>of dollars, and all the Washington lobbyists that are making

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<v Speaker 1>billions of dollars, they take care of their friends and

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<v Speaker 1>they screw their enemies. I mean, for the left, it

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<v Speaker 1>is a zero sum game of reward and retribution, and

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<v Speaker 1>it creates a vicious cycle where all the people they're

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<v Speaker 1>paying off are then going to keep trying to keep

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<v Speaker 1>the people paying them off in power. I'm reminded of

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<v Speaker 1>one of my favorite Simpsons episodes where where Grandpa Simpsons

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<v Speaker 1>has been getting checks for I think it was having

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<v Speaker 1>like itch an Itchy and scratchy cartoon or something, and

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<v Speaker 1>he hadn't done it. It was a mistake, and and

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<v Speaker 1>and Lisa says, well, Grandpa didn't. Didn't you think it

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<v Speaker 1>was strange that you were getting checks in the mail

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<v Speaker 1>for not having done anything? And he says no, Lisa,

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<v Speaker 1>I just figured the Democrats were back in power. Well,

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<v Speaker 1>speaking of the friends of the Democrats, and actually speaking

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<v Speaker 1>of your ability, you know, to send your kids to

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<v Speaker 1>school and to make any money at all, Senator, I

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<v Speaker 1>don't know if you saw this headline, but someone is

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<v Speaker 1>coming for your job. You have got a major figure.

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<v Speaker 1>At least according to CNN and MSNBC, coming after you,

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<v Speaker 1>the future former congress Lady Liz Cheney is launching a

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<v Speaker 1>political action committee. She's targeting not Democrats, of course, she's

0:13:57.679 --> 0:14:03.960
<v Speaker 1>targeting Republicans. And you or at the top of the list. Well,

0:14:04.280 --> 0:14:06.679
<v Speaker 1>you know, you can tell a lot about a person

0:14:06.800 --> 0:14:08.640
<v Speaker 1>by their friends, and you can tell even more by

0:14:08.679 --> 0:14:12.800
<v Speaker 1>their enemies. Listen, I gotta say, Liz Cheney, I've known

0:14:12.920 --> 0:14:15.319
<v Speaker 1>Liz a long time. I've known her twenty plus years.

0:14:16.800 --> 0:14:21.480
<v Speaker 1>Yet there are some people who Donald Trump just broke that.

0:14:21.640 --> 0:14:27.560
<v Speaker 1>They just they hate Trump so much that their mind

0:14:27.680 --> 0:14:31.280
<v Speaker 1>went on Fritz. And I gotta say, Liz is unrecognizable.

0:14:31.400 --> 0:14:34.360
<v Speaker 1>She has become a left wing Democrat now and like

0:14:34.520 --> 0:14:36.640
<v Speaker 1>ten years ago, the idea that Liz Cheney was a

0:14:36.720 --> 0:14:39.280
<v Speaker 1>left wing Democrat would have been ludicrous. Obviously, her dad

0:14:39.400 --> 0:14:43.720
<v Speaker 1>was Dick Cheney. He was a conservative Republican. She was. Look,

0:14:43.800 --> 0:14:47.840
<v Speaker 1>they're both too neo Connie for me. They're both too

0:14:47.960 --> 0:14:51.360
<v Speaker 1>eager to get us involved in foreign wars. But that

0:14:51.600 --> 0:14:57.240
<v Speaker 1>being said, on taxes, on social issues, on most issues,

0:14:57.400 --> 0:15:02.360
<v Speaker 1>Liz Cheney was a down the road conservative Republican. And

0:15:02.520 --> 0:15:04.400
<v Speaker 1>by the way, that's where Wyoming is, and and and

0:15:04.800 --> 0:15:09.160
<v Speaker 1>then Trump came into power and her mind just shattered,

0:15:09.360 --> 0:15:12.440
<v Speaker 1>and and and she what's amazing is that she's become

0:15:13.160 --> 0:15:15.800
<v Speaker 1>It's not even just that she says, Okay, I don't

0:15:15.840 --> 0:15:18.520
<v Speaker 1>like Donald Trump, like I don't like his what he says,

0:15:18.560 --> 0:15:21.040
<v Speaker 1>I don't like how he acts. That's I understand someone

0:15:21.080 --> 0:15:22.760
<v Speaker 1>who says that I don't like everything he says and

0:15:22.840 --> 0:15:24.920
<v Speaker 1>does I like the policies we had acted together. I

0:15:25.000 --> 0:15:27.760
<v Speaker 1>work closely with him on that. But she doesn't limit

0:15:27.800 --> 0:15:30.200
<v Speaker 1>it to that. It's it's like Bill Crystal as someone else,

0:15:30.400 --> 0:15:35.720
<v Speaker 1>like Liz Cheney who has just become a liberal Democrat

0:15:35.760 --> 0:15:40.600
<v Speaker 1>who what they say, you know, Cheney's uh circus act

0:15:40.720 --> 0:15:44.960
<v Speaker 1>on on the January sixth Commission is indistinguishable from what

0:15:45.080 --> 0:15:48.280
<v Speaker 1>Nancy Pelosi would say. It's indistinguishable from what Chuck Schumer

0:15:48.320 --> 0:15:51.760
<v Speaker 1>would say. And so we just had the primary and

0:15:53.200 --> 0:15:57.320
<v Speaker 1>in in Wyoming, and you know, she had won by

0:15:57.760 --> 0:16:00.080
<v Speaker 1>I don't know, seventy eighty percent last time around in

0:16:00.120 --> 0:16:03.520
<v Speaker 1>the primary. This time she didn't just lose. She lost

0:16:04.080 --> 0:16:07.000
<v Speaker 1>by almost forty points. Thirty nine points is what she

0:16:07.160 --> 0:16:11.720
<v Speaker 1>lost by. And the reason is simple. She doesn't represent

0:16:11.840 --> 0:16:14.880
<v Speaker 1>the people of Wyoming anymore. The people of Wyoming are conservative,

0:16:15.400 --> 0:16:19.560
<v Speaker 1>and she's decided she is a Washington, DC left wing

0:16:19.680 --> 0:16:23.120
<v Speaker 1>Democrat now. And so it's completely unsurprising, you know, right

0:16:23.200 --> 0:16:28.880
<v Speaker 1>after she gets just trounced by the voters, there's no remorse,

0:16:28.960 --> 0:16:34.280
<v Speaker 1>there's no contrition, there's no gush. You know, for some reason,

0:16:34.320 --> 0:16:37.120
<v Speaker 1>the people of Wyoming don't think I'm representing them anymore.

0:16:37.120 --> 0:16:40.280
<v Speaker 1>There's none of that. It is. Instead, she says it's

0:16:40.320 --> 0:16:44.080
<v Speaker 1>her mission to do what defeat conservative Republicans. And I

0:16:44.120 --> 0:16:45.920
<v Speaker 1>guess it's a badge of honor that I'm the number

0:16:45.960 --> 0:16:48.440
<v Speaker 1>one person on her list. That she's going to take

0:16:48.560 --> 0:16:50.520
<v Speaker 1>the PAC money she raised, and I think she's gotten

0:16:50.520 --> 0:16:55.160
<v Speaker 1>like seven eight million dollars that came from lefty Democrats

0:16:55.240 --> 0:16:58.560
<v Speaker 1>all over the place, and she's going to use that

0:16:58.760 --> 0:17:02.400
<v Speaker 1>now to attack Republican And listen, there are two things

0:17:02.480 --> 0:17:06.200
<v Speaker 1>Liz Cheney is doing. Number One, she's got a fundraising

0:17:06.240 --> 0:17:09.840
<v Speaker 1>grift where she will raise money like the Lincoln Project.

0:17:09.880 --> 0:17:12.600
<v Speaker 1>Lincoln Project is a great example where it's a fundraising

0:17:12.680 --> 0:17:15.800
<v Speaker 1>grift of people who used to be kind of sort

0:17:15.800 --> 0:17:19.080
<v Speaker 1>of Republicans who now make millions of dollars when they're

0:17:19.160 --> 0:17:23.440
<v Speaker 1>not engaged in other illicit activities. Now make millions of

0:17:23.520 --> 0:17:27.960
<v Speaker 1>dollars raising money from lefties to attack Republicans. And they're,

0:17:28.040 --> 0:17:33.960
<v Speaker 1>to use that phrase useful idiots because their attacks arguably

0:17:34.080 --> 0:17:36.320
<v Speaker 1>have some saliots, because they can say I was once

0:17:36.359 --> 0:17:38.520
<v Speaker 1>a Republican, now I can be a left wing Democrat

0:17:38.600 --> 0:17:41.720
<v Speaker 1>attack them. So she'll engage in a fundraising grift for

0:17:41.840 --> 0:17:45.520
<v Speaker 1>a while. My guess is she probably runs for president,

0:17:46.280 --> 0:17:52.320
<v Speaker 1>she gets crushed, and then she will happily retire to

0:17:52.560 --> 0:17:55.800
<v Speaker 1>being a commentator at either MSNBC or CNN. I don't

0:17:55.800 --> 0:17:59.320
<v Speaker 1>know which one it'll be, or maybe Mother Jones. I mean,

0:17:59.400 --> 0:18:02.800
<v Speaker 1>I mean, I think those are choices. Now, Senator, speaking

0:18:02.880 --> 0:18:07.639
<v Speaker 1>of large amounts of money and empowering bad forces, the

0:18:07.720 --> 0:18:10.520
<v Speaker 1>Iran nuclear deal seems to be back on the table.

0:18:10.720 --> 0:18:13.720
<v Speaker 1>The Obama administration crafted this deal and sent palettes of

0:18:13.800 --> 0:18:18.040
<v Speaker 1>cash to Iran and paid obeisance to Iran after they

0:18:18.119 --> 0:18:20.159
<v Speaker 1>captured our sailors and set them on the path to

0:18:20.240 --> 0:18:22.680
<v Speaker 1>getting a nuclear weapon, all of which was very, very bad.

0:18:22.960 --> 0:18:26.879
<v Speaker 1>And then Obama leaves, Trump comes in, and the Republicans

0:18:26.920 --> 0:18:30.879
<v Speaker 1>and Trump tear up the Iran nuclear deal. Now Biden

0:18:30.960 --> 0:18:34.000
<v Speaker 1>seems to be reviving it, although the details are a

0:18:34.040 --> 0:18:37.000
<v Speaker 1>little bit unclear. I know you've been very, very involved

0:18:37.040 --> 0:18:39.800
<v Speaker 1>in this issue. What do we need to know? Look,

0:18:39.920 --> 0:18:42.440
<v Speaker 1>Biden is desperate to an announce that an Iran deal,

0:18:42.520 --> 0:18:45.200
<v Speaker 1>and he doesn't care what the substances he is willing

0:18:45.280 --> 0:18:49.399
<v Speaker 1>to give the Ayatola. I think literally anything the Ayatola wants.

0:18:50.640 --> 0:18:54.520
<v Speaker 1>It is a political mission for Biden in the White

0:18:54.560 --> 0:19:00.320
<v Speaker 1>House and to say it is indefensible. You know, it

0:19:00.400 --> 0:19:02.720
<v Speaker 1>was a year ago that Biden surrendered to the Taliban

0:19:02.800 --> 0:19:06.800
<v Speaker 1>and Afghanistan. Biden is right now trying to give Iran

0:19:06.960 --> 0:19:10.280
<v Speaker 1>and the Iatola nuclear weapons. That that is the effect

0:19:10.320 --> 0:19:13.440
<v Speaker 1>of the deal that they're negotiating is to make it

0:19:13.520 --> 0:19:16.320
<v Speaker 1>inevitable that Iran has nuclear weapons. And let's be clear,

0:19:17.480 --> 0:19:23.440
<v Speaker 1>the Iatola leads chance of death to America and death

0:19:23.520 --> 0:19:27.680
<v Speaker 1>to Israel with thousands of people. In fact, every year

0:19:27.920 --> 0:19:31.080
<v Speaker 1>they celebrate in Iran what they call Death to America Day,

0:19:31.480 --> 0:19:38.240
<v Speaker 1>and that is it is the anniversary of the Islamic

0:19:38.359 --> 0:19:43.960
<v Speaker 1>Revolutionary Guard taking American hostages in nineteen seventy nine in Iran,

0:19:44.080 --> 0:19:47.320
<v Speaker 1>and that is in effect a national holiday where they

0:19:47.400 --> 0:19:52.800
<v Speaker 1>celebrated in Iran every day. Right now, today, the current

0:19:52.880 --> 0:19:59.200
<v Speaker 1>Iatola Commune is actively trying to murder the former Secretary

0:19:59.280 --> 0:20:02.560
<v Speaker 1>State of the United States Mike Pompeo, the former National

0:20:02.640 --> 0:20:06.800
<v Speaker 1>Security Advisor in the White House, John Bolden, and another

0:20:07.520 --> 0:20:11.080
<v Speaker 1>State Department official, Brian Hook. All three of them have

0:20:11.760 --> 0:20:16.399
<v Speaker 1>hit squads being paid for by the Iranian government actively

0:20:16.520 --> 0:20:19.920
<v Speaker 1>trying to murder them. And you may recall a couple

0:20:19.960 --> 0:20:22.120
<v Speaker 1>of months ago, Tony blink In the Secretary of State

0:20:22.240 --> 0:20:24.960
<v Speaker 1>was testifying in the Senate Form Relations Committee, and I

0:20:25.080 --> 0:20:28.720
<v Speaker 1>asked him in the hearing, I said, is it true

0:20:29.840 --> 0:20:34.440
<v Speaker 1>that the State Department is right now paying two million

0:20:34.600 --> 0:20:40.440
<v Speaker 1>dollars a month for security for Pompeo and Hook to

0:20:40.520 --> 0:20:43.080
<v Speaker 1>protect them from Iranians trying to murder them? He said, yeah,

0:20:43.119 --> 0:20:46.439
<v Speaker 1>that's true. And I said, is it true that as

0:20:46.480 --> 0:20:50.560
<v Speaker 1>you were sitting down in Vienna negotiating with the Iranians,

0:20:51.760 --> 0:20:55.880
<v Speaker 1>that the Biden State Department asked the Iranians, hey, would

0:20:55.920 --> 0:21:00.760
<v Speaker 1>you guys stop actively trying to murder former senior US

0:21:00.840 --> 0:21:06.000
<v Speaker 1>government officials, and that they said no, no, we will

0:21:06.119 --> 0:21:09.920
<v Speaker 1>not stop trying to murder them. And you still sat

0:21:09.960 --> 0:21:13.200
<v Speaker 1>there and said, Okay, well, let's keep negotiating and and

0:21:13.480 --> 0:21:18.399
<v Speaker 1>Blincoln back pedaled and he obfuscated. He didn't want to

0:21:18.400 --> 0:21:21.359
<v Speaker 1>answer that question because the answer is yes, and about

0:21:21.359 --> 0:21:23.360
<v Speaker 1>the only thing I got candor from Lincoln on as

0:21:23.359 --> 0:21:26.560
<v Speaker 1>I said. My next question was, I said, mister secretary,

0:21:28.080 --> 0:21:32.440
<v Speaker 1>would you agree that trying to murder the US Secretary

0:21:32.480 --> 0:21:36.040
<v Speaker 1>of State is a pretty bit big damn deal At

0:21:36.400 --> 0:21:39.359
<v Speaker 1>Blncoln was forced to laugh and say, yeah, okay, that

0:21:39.600 --> 0:21:42.520
<v Speaker 1>that is a big deal. But who I'm stopped Biden,

0:21:45.680 --> 0:21:53.560
<v Speaker 1>it is ludicrous. Here's some good news. The chances that

0:21:53.720 --> 0:21:56.200
<v Speaker 1>the next Republican president, which I think will be in

0:21:56.280 --> 0:22:01.680
<v Speaker 1>twenty twenty five, will rip up whatever ridiculous deal these

0:22:01.760 --> 0:22:04.560
<v Speaker 1>guys negotiate. I think they're very close to one hundred percent.

0:22:05.040 --> 0:22:08.160
<v Speaker 1>And that's something I'm trying to make very very clear.

0:22:08.240 --> 0:22:10.520
<v Speaker 1>I'm trying to lay the basis for it, lay the

0:22:10.600 --> 0:22:14.199
<v Speaker 1>factual credit it for it. The aetola. The biggest thing

0:22:14.240 --> 0:22:16.879
<v Speaker 1>the aetola wants an agreement is some sort of promise

0:22:16.960 --> 0:22:19.840
<v Speaker 1>that will bind the next president. Because Trump the most

0:22:19.920 --> 0:22:23.320
<v Speaker 1>important national security decision he made was to tear up

0:22:23.359 --> 0:22:27.159
<v Speaker 1>the older Rand deal. The next Republican president, whoever it is,

0:22:27.240 --> 0:22:31.119
<v Speaker 1>I think there's widespread agreement whoever the next Republican president is,

0:22:31.600 --> 0:22:35.800
<v Speaker 1>will tear up whatever disastrous deal this is. That's a

0:22:35.960 --> 0:22:39.480
<v Speaker 1>very good thing. And you know, look, one of the

0:22:39.600 --> 0:22:42.960
<v Speaker 1>things that the Biden team is desperately trying to find

0:22:43.119 --> 0:22:46.680
<v Speaker 1>is some way to tie the hands of the next president.

0:22:46.720 --> 0:22:49.680
<v Speaker 1>I don't think they'll succeed, but they're trying to write

0:22:49.760 --> 0:22:53.680
<v Speaker 1>into the agreement clauses that, you know, hand over a

0:22:53.760 --> 0:22:56.399
<v Speaker 1>massive amount of money if the next administration pulls over.

0:22:56.480 --> 0:22:59.920
<v Speaker 1>They're trying to put poison pills in there to prevent

0:23:00.200 --> 0:23:03.960
<v Speaker 1>the next administration from pulling out. We'll see what they

0:23:04.040 --> 0:23:07.080
<v Speaker 1>come up with. But I think regardless, the next president

0:23:07.200 --> 0:23:10.399
<v Speaker 1>is pulling out of this disastrous deal because allowing the

0:23:10.480 --> 0:23:15.680
<v Speaker 1>Aetola to have a nuclear weapon is an unacceptably high

0:23:15.800 --> 0:23:18.639
<v Speaker 1>risk that that weapon would be used to murder millions

0:23:18.680 --> 0:23:22.880
<v Speaker 1>of Americans. Now, the Biden administration is clearly working overtime

0:23:23.000 --> 0:23:27.360
<v Speaker 1>in this regard, but gen Z is not working overtime.

0:23:27.400 --> 0:23:29.639
<v Speaker 1>And I know that we are going overtime, but I

0:23:29.760 --> 0:23:32.680
<v Speaker 1>have to get your opinion on this. This is completely

0:23:33.119 --> 0:23:36.120
<v Speaker 1>outside of the Iran deal or even the Education Bill.

0:23:36.240 --> 0:23:38.600
<v Speaker 1>Is just a cultural matter. But it really shocked me

0:23:38.640 --> 0:23:40.520
<v Speaker 1>as reading the Wall Street Journal that there is a

0:23:40.640 --> 0:23:44.399
<v Speaker 1>trend that has taken over TikTok and all sorts of

0:23:44.840 --> 0:23:47.639
<v Speaker 1>commentary among the zoomers, among Gen z, you know, the

0:23:47.760 --> 0:23:51.760
<v Speaker 1>people younger than millennials, which is the trend of quiet quitting.

0:23:52.240 --> 0:23:55.560
<v Speaker 1>And quiet quitting is when you keep your job. You're

0:23:55.640 --> 0:23:58.320
<v Speaker 1>not You don't quit, you don't resign, you don't even

0:23:58.359 --> 0:24:02.439
<v Speaker 1>get fired. You just do the bare minimum. You clock

0:24:02.600 --> 0:24:05.560
<v Speaker 1>in at nine o'clock on the dot, you clock out

0:24:05.600 --> 0:24:07.280
<v Speaker 1>at five o'clock on the dot. You don't pick up

0:24:07.280 --> 0:24:09.720
<v Speaker 1>your phone, you don't work weekends, you don't do anything.

0:24:10.080 --> 0:24:14.200
<v Speaker 1>And it was so bizarre to read this because I

0:24:14.440 --> 0:24:16.920
<v Speaker 1>was always raised that you just work hard and you

0:24:17.040 --> 0:24:19.000
<v Speaker 1>never stop working hard. And all the guys at the

0:24:19.040 --> 0:24:21.240
<v Speaker 1>top are working really hard. I know you work about

0:24:21.240 --> 0:24:23.359
<v Speaker 1>twenty seven hours a day. I've seen it up close

0:24:23.640 --> 0:24:27.000
<v Speaker 1>in cities all around the country. How do you explain

0:24:27.080 --> 0:24:30.520
<v Speaker 1>this trend and do the zoomers have any sort of

0:24:30.640 --> 0:24:34.280
<v Speaker 1>point when they're looking for work life balance. Well, Michael,

0:24:34.280 --> 0:24:37.639
<v Speaker 1>I gotta say, I think you're being agist, and it

0:24:37.760 --> 0:24:40.040
<v Speaker 1>may just be that you've gotten too old and you're

0:24:40.080 --> 0:24:44.080
<v Speaker 1>too far removed from the youngsters and you need someone

0:24:44.200 --> 0:24:51.080
<v Speaker 1>like me. Who's who's more in touch with the utes. Listen,

0:24:52.119 --> 0:24:56.000
<v Speaker 1>we have a prominent example of someone doing this, Joseph

0:24:56.080 --> 0:24:59.520
<v Speaker 1>Robinette Biden Julian The guys had a job for a

0:24:59.600 --> 0:25:04.240
<v Speaker 1>year to and he hasn't left his basement. You know

0:25:04.440 --> 0:25:12.960
<v Speaker 1>it it um Look. I do think the pandemic had

0:25:13.000 --> 0:25:16.240
<v Speaker 1>all sorts of harms, but it was particularly harmful to

0:25:16.359 --> 0:25:21.080
<v Speaker 1>gen z. It was particularly harmful to people starting their careers.

0:25:22.560 --> 0:25:24.639
<v Speaker 1>It's very harmful to kids too. I mean kids who

0:25:24.680 --> 0:25:27.320
<v Speaker 1>had school shuts down, shut down. That was incredibly harmful.

0:25:27.400 --> 0:25:31.359
<v Speaker 1>But you know, you have a lot of people in

0:25:31.440 --> 0:25:33.639
<v Speaker 1>their early twenties who have their first job and their

0:25:33.680 --> 0:25:36.719
<v Speaker 1>first job was during the pandemic where they worked from

0:25:36.760 --> 0:25:39.199
<v Speaker 1>home and they just zoom from home. And I get

0:25:39.280 --> 0:25:40.960
<v Speaker 1>to say now, and I talked to a lot lots

0:25:40.960 --> 0:25:44.720
<v Speaker 1>of people in the workplace who say that that. You know,

0:25:44.840 --> 0:25:46.719
<v Speaker 1>twenty somethings say hey, I'm just going to work from

0:25:46.760 --> 0:25:50.800
<v Speaker 1>home this week, and they think that it's it's just

0:25:51.000 --> 0:25:53.840
<v Speaker 1>the way it's done, that you just zoom in. And

0:25:56.320 --> 0:25:58.600
<v Speaker 1>there are lots of problems with that, one of which

0:25:58.760 --> 0:26:01.000
<v Speaker 1>is that that often people who are working from home

0:26:01.160 --> 0:26:05.400
<v Speaker 1>don't work like they claim. I'm working, and magically they're

0:26:05.440 --> 0:26:09.440
<v Speaker 1>doing everything from you know, playing golf to sleeping to

0:26:10.640 --> 0:26:13.960
<v Speaker 1>you know, running on the beach, but none of which

0:26:14.000 --> 0:26:19.800
<v Speaker 1>are actually the job presumably you're paid to do. But

0:26:19.920 --> 0:26:22.440
<v Speaker 1>it also really hurts young people not to be in

0:26:22.520 --> 0:26:26.200
<v Speaker 1>the office. And I look at you know, I mean,

0:26:26.240 --> 0:26:30.040
<v Speaker 1>I think back to when I was in my twenties

0:26:30.080 --> 0:26:35.000
<v Speaker 1>and just starting working, the experience of being there, of

0:26:35.640 --> 0:26:39.280
<v Speaker 1>being in the office, culture, of seeing people who are

0:26:39.359 --> 0:26:43.800
<v Speaker 1>more experienced, of learning from them. You know, look, I

0:26:44.119 --> 0:26:48.040
<v Speaker 1>worked obviously as a lawyer. It is still very much

0:26:48.160 --> 0:26:49.639
<v Speaker 1>the case that the way you learn how to be

0:26:49.680 --> 0:26:51.040
<v Speaker 1>a lawyer, you don't learn how to be a lawyer

0:26:51.040 --> 0:26:55.040
<v Speaker 1>in law school. You learn to be a lawyer much

0:26:55.160 --> 0:26:57.400
<v Speaker 1>like they did in the days of Abraham Lincoln, which

0:26:57.520 --> 0:27:00.440
<v Speaker 1>could you carry someone's briefcase. You just watch someone, you

0:27:00.560 --> 0:27:04.520
<v Speaker 1>apprentice under someone who is doing it, and you learn

0:27:04.640 --> 0:27:07.760
<v Speaker 1>by osmosis. You learn by just observing and being there

0:27:07.800 --> 0:27:10.280
<v Speaker 1>and seeing the day to day rhythm and how you

0:27:10.440 --> 0:27:15.400
<v Speaker 1>do it. And I do think young people in particular

0:27:15.440 --> 0:27:17.080
<v Speaker 1>who think I don't ever need to go into the

0:27:17.200 --> 0:27:26.080
<v Speaker 1>office to work are robbing themselves of really critical education

0:27:26.240 --> 0:27:32.080
<v Speaker 1>and on the job training and that at the end

0:27:32.119 --> 0:27:34.160
<v Speaker 1>of the day, it's not healthy for society, but it's

0:27:34.160 --> 0:27:39.720
<v Speaker 1>not healthy for them either. Like working hard and you know, listen,

0:27:39.800 --> 0:27:44.600
<v Speaker 1>I had years after years after years of you know,

0:27:44.840 --> 0:27:53.680
<v Speaker 1>working sixteen, eighteen, twenty hours a day, and that that discipline.

0:27:53.760 --> 0:27:56.919
<v Speaker 1>If if you want to do things that are important

0:27:56.960 --> 0:28:01.240
<v Speaker 1>and significant, it takes that time and commitment and energy.

0:28:01.280 --> 0:28:05.840
<v Speaker 1>And so I do worry that all of the lessons

0:28:05.960 --> 0:28:11.840
<v Speaker 1>society is teaching the younger generations are lessons that are

0:28:11.880 --> 0:28:14.679
<v Speaker 1>going to be really harmful for them in the long term. Well,

0:28:14.680 --> 0:28:16.679
<v Speaker 1>I'm glad that I could. I could get that insight

0:28:16.880 --> 0:28:19.359
<v Speaker 1>from someone who is young and hip to what the

0:28:19.440 --> 0:28:22.400
<v Speaker 1>youths are talking about, and I can take that back

0:28:22.480 --> 0:28:24.560
<v Speaker 1>and stew in that. Before we go, I have to

0:28:24.640 --> 0:28:29.960
<v Speaker 1>remind you to subscribe if you're on Apple, Podcast, Spotify, Stitcher, wherever,

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<v Speaker 1>go subscribe YouTube, make sure you join locals and the

0:28:33.840 --> 0:28:36.280
<v Speaker 1>Verdict plus community because there will be a whole other

0:28:36.320 --> 0:28:38.520
<v Speaker 1>episode of The Cloak Room coming up with our friend

0:28:38.600 --> 0:28:40.959
<v Speaker 1>Liz Wheeler. Liz, what are you going to talk about? Hi,

0:28:41.080 --> 0:28:44.640
<v Speaker 1>Michael High, Senator. Yes, So it's very obvious that Biden's

0:28:44.760 --> 0:28:48.320
<v Speaker 1>student loan debt cancelation executive order is unfair to people

0:28:48.440 --> 0:28:51.200
<v Speaker 1>who have paid their debts off. It's also very expensive.

0:28:51.240 --> 0:28:53.640
<v Speaker 1>It's going to cost the American taxpayer billions of dollars.

0:28:53.880 --> 0:28:57.040
<v Speaker 1>It's redistribution of wealth, but opposite from what the Democrats

0:28:57.160 --> 0:28:59.080
<v Speaker 1>usually advocate for. This is actually taken from the poor

0:28:59.200 --> 0:29:01.680
<v Speaker 1>to give to the rich. It's also inflationary. It's going

0:29:01.760 --> 0:29:04.080
<v Speaker 1>to increase or worse in inflation. But here's here's a

0:29:04.120 --> 0:29:07.800
<v Speaker 1>million dollar question. Is Joe Biden canceling student loan debt

0:29:07.920 --> 0:29:12.000
<v Speaker 1>via this executive order even legal? That's what we're going

0:29:12.040 --> 0:29:14.120
<v Speaker 1>to explore it today on the Cloakroom. Join us at

0:29:14.200 --> 0:29:17.120
<v Speaker 1>Verdict with Ted Cruise dot com slash plus. If you

0:29:17.240 --> 0:29:20.440
<v Speaker 1>use my promo code Cloakroom, you can watch for free

0:29:20.640 --> 0:29:23.320
<v Speaker 1>for the first month of your annual subscription. That's Verdict

0:29:23.360 --> 0:29:27.640
<v Speaker 1>with Ted Cruise dot com slash Plus. Sounds fabulous, by

0:29:27.680 --> 0:29:31.160
<v Speaker 1>the way, speaking of speaking of speaking, we want to

0:29:31.240 --> 0:29:35.440
<v Speaker 1>see all of you in person. Verdict is going back

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<v Speaker 1>you submit your school today. Hyaf dot org slash Verdict,

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<v Speaker 1>and I very much hope that I will see all

0:29:50.520 --> 0:29:53.320
<v Speaker 1>of you in person soon. In the meantime, I'm Michael Knowles.

0:29:53.560 --> 0:30:05.040
<v Speaker 1>This is Verdict with Ted Cruise. This episode of Verdict

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