WEBVTT - Why The Left Hates Capitalism 0:00:10.840 --> 0:00:16.600 You are entering the freedom hunt not one but two 0:00:17.120 --> 0:00:20.480 senior Democrat politicians in the state of Virginia in a 0:00:20.520 --> 0:00:23.240 lot of hot water, and it looks like the media's 0:00:23.360 --> 0:00:25.880 running cover for them. We'll talk about that, and also 0:00:26.400 --> 0:00:30.479 the fight for capitalism in this country is very much 0:00:30.520 --> 0:00:33.880 on the front lines. Are the Democrat versus Republican battle. 0:00:34.040 --> 0:00:35.760 We'll talk about how we should think about that and 0:00:35.920 --> 0:00:39.080 much more coming up from the Buck Sexton Show. This 0:00:39.320 --> 0:00:42.400 is the Buck Sexton Show, where the mission or mission 0:00:42.640 --> 0:00:48.440 is to decode what really matters with actionable intelligence. Make 0:00:48.520 --> 0:00:52.280 no mistake American, You're a great American Again. The Buck 0:00:52.360 --> 0:01:05.160 Sexton Show begins. No, welcome to the book Sex and Show. Everybody, Man, 0:01:05.280 --> 0:01:10.119 we have a lot of stuff talk about today. Who 0:01:10.920 --> 0:01:13.280 man getting it getting it kicked off here on this 0:01:13.360 --> 0:01:15.360 on this Monday. Oh man, I'm in a good mood too, 0:01:15.400 --> 0:01:18.520 because it's it just felt like after the deep freeze 0:01:18.600 --> 0:01:20.800 last week. I don't even know, John, what was the 0:01:20.840 --> 0:01:22.600 temperature like down the East Coast. It wasn't like the 0:01:22.840 --> 0:01:27.399 isn't the forties. Maybe it felt like felt like in 0:01:27.480 --> 0:01:31.399 the fifties. It felt like spa. I could have busted 0:01:31.400 --> 0:01:35.360 out my MANKINI I mean it was it felt warm today, 0:01:35.640 --> 0:01:39.160 it felt warm. It was it was good stuff. Uh, 0:01:39.280 --> 0:01:42.560 it's or my speedo, as some people would refer to it. 0:01:43.560 --> 0:01:45.760 So I got one. I got one somewhere in the closet, 0:01:45.800 --> 0:01:48.880 don't you know. Hey, it's books. I know, John, I 0:01:48.920 --> 0:01:50.880 should probably put it. I should probably get a grip. 0:01:51.040 --> 0:01:54.760 All right. Uh, well, the big things today are you know, 0:01:54.920 --> 0:01:59.120 there's the news, the news aspect of this, and then 0:01:59.200 --> 0:02:03.640 there's the philosophical the news aspect of today's show. We 0:02:03.920 --> 0:02:05.920 got a bunch of things to get to obviously, continue 0:02:05.960 --> 0:02:11.160 negotiations over the wall, but more than anything else you have, 0:02:12.160 --> 0:02:14.000 and the aftermath of the super Bowl, some of the 0:02:14.040 --> 0:02:16.000 commercials I'm not going to waste your time giving you, Lou, 0:02:16.240 --> 0:02:18.639 I think Tom Brady's the greatest of all. Yeah, you 0:02:18.639 --> 0:02:21.240 don't care what I think about that, So we'll skip 0:02:21.320 --> 0:02:23.519 right over that. The news that matters to us news 0:02:23.560 --> 0:02:27.320 and politics and national media discussion has to do with 0:02:27.400 --> 0:02:34.639 this just massive and growing toxic dumpster fire of Virginia 0:02:34.720 --> 0:02:38.320 politics right now, or the Virginia Democratic Party where you 0:02:38.400 --> 0:02:42.880 have a one two punch going. They're going after the 0:02:43.720 --> 0:02:48.560 governor for what is clearly racist stuff that he's lying about. 0:02:48.840 --> 0:02:51.040 I mean when I say they, I'm just talking about 0:02:51.040 --> 0:02:55.240 Republican everybody. You've got Democrats, Schumer, Pelosi, there's a whole 0:02:55.240 --> 0:02:58.520 slew of them, Kirsten gillibrand, I mean, all these different 0:02:58.520 --> 0:03:00.840 prominent Democrats are saying that nor the means to resign 0:03:01.560 --> 0:03:04.800 after and we'll get into some of the details of it. 0:03:04.840 --> 0:03:07.680 But his apology and then I don't know if I'm apologizing. 0:03:07.760 --> 0:03:10.920 I'm not sure it was me. I did blackface another time, 0:03:11.080 --> 0:03:13.920 not that time. The guy almost busted out into a 0:03:13.960 --> 0:03:17.839 moonwalk during a press conference over the weekend. It was man, 0:03:17.919 --> 0:03:22.120 I was trying to trying to distance myself from the 0:03:22.120 --> 0:03:23.600 new cycle of the weekend, and it was a hard 0:03:23.600 --> 0:03:29.600 thing to do because the Northam situation was just a mess, 0:03:30.160 --> 0:03:33.800 a mess. This guy's this guy is a farce, but 0:03:33.880 --> 0:03:37.560 he's still the governor. And then you get this same website, 0:03:37.600 --> 0:03:40.200 Big League Politics, that broke the story about Northam, which 0:03:40.200 --> 0:03:45.200 has been verified and is true. That same website now 0:03:47.840 --> 0:03:50.880 has run with this story about a sexual assault allegation 0:03:51.000 --> 0:03:57.400 against the lieutenant governor of the state of Virginia. So 0:03:58.600 --> 0:04:01.080 the person that's supposed to take go over for Northam 0:04:01.920 --> 0:04:04.360 if Northam does step down, which I don't think Northam 0:04:04.400 --> 0:04:07.840 stepping down. I mean, I should probably be checking during 0:04:07.840 --> 0:04:10.040 the course of the show, because it feels like it 0:04:10.040 --> 0:04:13.360 could happen at any moment. It's amazing how little people 0:04:13.360 --> 0:04:16.880 are really focused on the fact there's a State of 0:04:16.880 --> 0:04:18.760 the Union tomorrow. I don't think the State of the 0:04:18.839 --> 0:04:22.800 Union is all that is all that interesting to preview. 0:04:22.880 --> 0:04:24.600 I mean, we'll talk about what the President says. It's 0:04:24.600 --> 0:04:27.640 gonna be a big separation on the issue of immigration 0:04:27.680 --> 0:04:30.360 between Democrats and Republicans. We know that, so okay, we'll 0:04:30.400 --> 0:04:36.279 get into that for sure. But man, it's it's a 0:04:36.640 --> 0:04:39.120 rough time for some of these Democrats going on because 0:04:39.160 --> 0:04:42.400 there's no way around this. I mean, they have only 0:04:42.440 --> 0:04:47.400 two options lose the governorship and possibly the lieutenant governorship 0:04:47.520 --> 0:04:50.680 from Democrat control in Virginia, a critical state for twenty 0:04:50.760 --> 0:04:54.719 twenty on all that that would mean for that state, 0:04:54.800 --> 0:04:56.599 right A lot of people that maybe voted for Northam 0:04:56.600 --> 0:04:58.719 because he seemed like he was a reasonable guy, they're 0:04:58.760 --> 0:05:01.760 going to change their minds, or they might change their 0:05:01.760 --> 0:05:06.600 minds at least you know that possibility. It's a bad 0:05:06.640 --> 0:05:08.920 time right now for the Democratic Party in Virginia, no questions. 0:05:08.960 --> 0:05:12.160 So we'll get into some of those, some of those details, 0:05:12.160 --> 0:05:15.360 because it was just stunning over the weekend, the most 0:05:16.600 --> 0:05:20.000 bizarre apology and then walk back and then non apology 0:05:20.120 --> 0:05:24.240 and just scrambling. I mean, Northam is at the the 0:05:24.279 --> 0:05:27.440 phase of this whole thing where I'm just waiting for 0:05:27.520 --> 0:05:30.159 him to say that hackers went back in time with 0:05:30.240 --> 0:05:35.280 a time machine and change his yearbook page from Eastern 0:05:35.320 --> 0:05:39.240 Virginia Medical University so that it would have this really 0:05:39.320 --> 0:05:42.280 racist stuff. I mean, a person dressed in a KKK 0:05:42.279 --> 0:05:46.400 costume and a person in black face next to them, 0:05:46.440 --> 0:05:48.080 and we all know that Northam is the guy in 0:05:48.120 --> 0:05:50.720 the black face and that he's saying that he's not, 0:05:50.760 --> 0:05:54.400 but he did black face another time. It's just this 0:05:54.520 --> 0:06:01.520 is bizarre. But Democrats always collapse into this kind of 0:06:01.600 --> 0:06:07.360 incoherence because they only want to weaponize these things against Republicans. 0:06:07.440 --> 0:06:12.599 They want these standards that will be useful for shutting 0:06:12.640 --> 0:06:15.200 down or shouting down the opposition, but they don't want 0:06:15.240 --> 0:06:17.920 to have to live under those standards themselves. We will 0:06:17.960 --> 0:06:22.160 certainly talk about about where that is, but I think 0:06:22.160 --> 0:06:27.560 there's a bigger philosophical and policy question that we need 0:06:27.600 --> 0:06:29.640 to address right now on the show, and we're going 0:06:29.680 --> 0:06:35.400 to continue to address it, and that is the increasingly 0:06:37.160 --> 0:06:41.240 favorable attitude that a lot of people are showing toward 0:06:41.279 --> 0:06:43.840 the idea of taxing the very very rich at a 0:06:43.960 --> 0:06:47.280 very high percentage. I saw this. I mean, this is 0:06:47.320 --> 0:06:51.839 really that the Democrats war on capitalism. Okay, That's what 0:06:52.080 --> 0:06:55.320 is shaping up right now in a way that I 0:06:55.360 --> 0:06:58.400 think is surprising for some Democrats. I mean, I do 0:06:58.440 --> 0:07:00.520 think that there are Democrats who see this happening and 0:07:00.560 --> 0:07:06.240 they think, I didn't realize my party was so radical 0:07:06.440 --> 0:07:11.400 in its redistributionist ideology. I didn't realize Democratic Party was 0:07:11.480 --> 0:07:15.720 so willing to engage in the politics of envy and 0:07:16.520 --> 0:07:20.600 going to these kinds of lengths to make it seem 0:07:20.640 --> 0:07:23.560 like anybody who has been really, really, really successful is 0:07:23.600 --> 0:07:27.520 somehow the enemy, as though you would be better able 0:07:27.560 --> 0:07:31.320 to afford your house if only some of these great 0:07:31.400 --> 0:07:37.360 businessmen weren't quite so wealthy. You know, you would be 0:07:37.360 --> 0:07:41.200 able to afford your groceries if Jeff Bezos and Howard 0:07:41.240 --> 0:07:44.280 Schultz and Michael Bloomberg and you name it, if they 0:07:44.360 --> 0:07:49.480 weren't so rich. This is a falsehood and this is 0:07:49.600 --> 0:07:52.000 at the core of the left wing fantasy that the 0:07:52.080 --> 0:07:58.080 government can tackle these problems of inequality on a moral 0:07:58.320 --> 0:08:03.160 on a moral ground without it having negative impacts that 0:08:03.280 --> 0:08:06.880 will be very palpable to all the rest of us. 0:08:08.200 --> 0:08:11.480 So the democrat war on capitalism, though, is gaining steam 0:08:11.560 --> 0:08:15.480 here because now remember, you know, there's no such thing 0:08:15.520 --> 0:08:18.280 as perfect capitalism. There's no such thing as perfect socialism either. 0:08:18.560 --> 0:08:20.480 So people will say, oh, book, they're not they're not 0:08:20.560 --> 0:08:23.760 opposed to capitalism, or they like this, or they like that. Okay, 0:08:23.840 --> 0:08:27.560 show me a socialist country where there haven't been big businesses, 0:08:28.280 --> 0:08:32.960 where there haven't been people that were benefiting financially. You know, 0:08:32.960 --> 0:08:38.520 there's always class stratification in every society. There's no such 0:08:38.679 --> 0:08:43.679 thing as a classleist society. It has never existed. And 0:08:43.720 --> 0:08:47.440 there's never been a program of redistribution of wealth that 0:08:47.480 --> 0:08:49.920 has made everybody super well off and super wealthy. There. 0:08:50.120 --> 0:08:53.520 You know, there's this does not exist. Eliminating class structure 0:08:53.640 --> 0:08:57.520 is not a thing you can achieve. The best you 0:08:57.559 --> 0:09:02.360 can have is a wealthy society where individuals have the 0:09:02.400 --> 0:09:06.040 ability to help other people based on their own initiative, 0:09:06.120 --> 0:09:09.040 based on their own community, and you know, whatever your 0:09:09.120 --> 0:09:11.559 church wants to do, whatever organizations you belong to want 0:09:11.559 --> 0:09:15.600 to help people. And everyone also has the ability to 0:09:15.640 --> 0:09:19.040 pull themselves up. You can make choices, you show up, 0:09:19.080 --> 0:09:23.280 you work, you pull yourself up, and you can advance. 0:09:23.559 --> 0:09:25.280 That doesn't mean we all get to be billionaires. And 0:09:25.280 --> 0:09:28.640 I think part of the problem is one of expectations. 0:09:29.640 --> 0:09:32.959 We see this incredible wealth of the Zuckerbergs and the 0:09:35.000 --> 0:09:39.720 bay Zoses and the Buffets and all these different people 0:09:39.720 --> 0:09:42.480 that are so so rich. We see this and we think, well, 0:09:42.520 --> 0:09:46.240 if I can't have that, something must be wrong. Or 0:09:46.280 --> 0:09:48.240 if I can't at least have whatever I want and 0:09:48.320 --> 0:09:51.080 those people can have that, something must be wrong. And 0:09:51.120 --> 0:09:53.280 that's how you get this polling that says seventy six 0:09:53.400 --> 0:09:57.640 percent of registered voters, according to a Politico I believe 0:09:57.640 --> 0:10:00.920 that the wealthiest Americans should pay more in taxes. Seventy 0:10:00.960 --> 0:10:04.280 percent of Americans, according to a Fox News poll, favor 0:10:04.360 --> 0:10:07.360 raising taxes on those earning over ten million dollars. That 0:10:07.400 --> 0:10:16.600 includes fifty four percent of Republicans. Alexandria Occasio Cortez has 0:10:16.600 --> 0:10:18.760 said that she wants to slap a seventy percent marginal 0:10:18.840 --> 0:10:22.800 rate on income earned over ten million dollars that has 0:10:22.880 --> 0:10:26.760 fifty nine percent support. In a recent Hill Harris X 0:10:26.800 --> 0:10:29.400 Pole the Hill like where I work, that's our pole, 0:10:31.760 --> 0:10:36.720 political poll found that sixty one percent favor a wealth 0:10:36.760 --> 0:10:38.920 tax like the one that Elizabeth Warren is talking about. 0:10:38.960 --> 0:10:40.560 It would be a two percent tax on those with 0:10:40.600 --> 0:10:44.040 a net worth over fifty million dollars, three percent tax 0:10:44.040 --> 0:10:50.640 on those over a billion dollars wealth not income. This 0:10:50.800 --> 0:10:54.720 is going to lead us down a very a very 0:10:54.760 --> 0:10:56.800 destructive path if we don't put a hall to it. 0:10:56.920 --> 0:10:59.200 Right now. I'm not saying that these people can't afford 0:11:00.080 --> 0:11:03.040 to pay these pay these rates. Of course they can. 0:11:04.200 --> 0:11:08.600 But you are talking about government confiscation of private property 0:11:08.920 --> 0:11:12.520 under the guise of what feels right to some radical 0:11:12.600 --> 0:11:17.240 left wingers. It feels fair, feels right. Keep mind that 0:11:17.280 --> 0:11:19.880 money has already been taxed, those assets have already been 0:11:20.640 --> 0:11:24.360 through the process. The acquisition of those access of those 0:11:24.400 --> 0:11:27.520 assets required tax will income to be there in the 0:11:27.520 --> 0:11:31.920 first place. And life isn't fair. And I don't pretend 0:11:31.920 --> 0:11:35.000 to tell you that it's fair. But maybe if the 0:11:35.080 --> 0:11:39.119 left had a better understanding of why capitalism is so incredible, 0:11:40.360 --> 0:11:43.560 what it is about capitalism that is so special, they 0:11:43.600 --> 0:11:46.720 would be less willing to start to take an ax 0:11:46.800 --> 0:11:48.920 to the base of it and just sort of see 0:11:48.920 --> 0:11:51.560 what happens. Because when the government can start to have 0:11:51.600 --> 0:11:54.120 a two percent wealth tax on people over fifty million, 0:11:54.240 --> 0:11:56.840 or a three percent over a billion, guess what the 0:11:56.920 --> 0:11:58.800 government could also put a wealth tax in place on 0:11:58.840 --> 0:12:03.640 people over a million. How many of you have families 0:12:03.679 --> 0:12:06.480 that own property somewhere, or maybe you even have a 0:12:06.520 --> 0:12:10.960 family farm. Guess what your acreage alone might be worth 0:12:11.000 --> 0:12:14.280 over a million dollars. How does that get into How 0:12:14.280 --> 0:12:18.800 does that get assessed? We already have people paying taxes 0:12:18.880 --> 0:12:21.840 on land that they live on that they own. That 0:12:22.000 --> 0:12:24.600 is indicative not of an ownership society, but of a 0:12:24.760 --> 0:12:28.600 renting of your property from the government via property taxes. 0:12:29.520 --> 0:12:32.480 You don't really in a lot of places own your house. 0:12:33.280 --> 0:12:34.920 Even if you don't own any money to the bank, 0:12:35.920 --> 0:12:38.720 you rent it from the government. This is something that 0:12:38.760 --> 0:12:40.400 we all need to understand if we're going to get 0:12:40.440 --> 0:12:43.840 closer to the truth here. But there are reasons why 0:12:43.880 --> 0:12:48.880 capitalism is so special, Yes, there's The first thing comes 0:12:48.880 --> 0:12:51.679 to mind is how much wealthier this country, yes, including 0:12:51.720 --> 0:12:54.000 the poor in this country, including the middle class in 0:12:54.000 --> 0:12:57.360 this country. How much wealthier they are in real terms 0:12:58.520 --> 0:13:00.840 now than they would have been fifty years ago. And 0:13:00.960 --> 0:13:02.920 what you have access to in terms of food and 0:13:03.000 --> 0:13:07.280 healthcare and transportation and travel now as a middle class 0:13:07.320 --> 0:13:10.200 American as opposed to fifty years ago, and when you 0:13:10.240 --> 0:13:12.960 look at it on a global scale, then it is 0:13:13.000 --> 0:13:19.040 truly stunning the amount of misery and despair and poverty 0:13:19.120 --> 0:13:25.800 that has been alleviated specifically because of free market capitalism 0:13:25.920 --> 0:13:31.080 and its principles applied imperfectly but applied around the world 0:13:31.160 --> 0:13:35.320 in many many places, and US here the United States, 0:13:35.400 --> 0:13:40.600 at the vanguard of that effort. The amount of people 0:13:40.640 --> 0:13:42.520 that have been brought out of poverty by and the 0:13:42.679 --> 0:13:47.520 amount of productivity and joy and leisure and health that 0:13:47.600 --> 0:13:52.720 has been derived from this process of allowing individual choice 0:13:52.880 --> 0:13:56.520 in the marketplace and individual decisions and ingenuity and innovation. 0:13:57.440 --> 0:14:01.120 It's on a scale that we can barely fathom. I 0:14:01.160 --> 0:14:03.079 want to talk a little about why this is. I mean, 0:14:03.120 --> 0:14:05.680 I have some ideas about what it is the left 0:14:05.720 --> 0:14:08.120 does not understand or does not care to understand about 0:14:08.160 --> 0:14:14.600 capitalism and why these principles are so important right now. Yes, 0:14:14.679 --> 0:14:18.280 we have this alpha capitalist president in Trump, but we 0:14:18.360 --> 0:14:22.160 need to articulate the points so that when this fight continues, 0:14:22.240 --> 0:14:24.560 because this is a fight for the economic and with 0:14:24.640 --> 0:14:27.680 it political future of this country, we are well equipped 0:14:27.840 --> 0:14:31.000 to win. We'll also talk about Nancy Pelosi and the 0:14:31.080 --> 0:14:33.560 wall and the negotiations over that. I got more thoughts 0:14:33.560 --> 0:14:35.560 on the border, you know, I get excited about talking 0:14:35.560 --> 0:14:40.440 the border, and then we'll step into this Northam Fairfax 0:14:41.120 --> 0:14:45.640 fiasco as it continues to unfold. We will have this 0:14:45.720 --> 0:14:47.280 is really this is really good be interstring. We will 0:14:47.320 --> 0:14:50.680 have in the second hour of the show. The lieutenant 0:14:50.720 --> 0:14:55.760 governor who ran with Gillespie, Lieutenant Governor Bishop is going 0:14:55.840 --> 0:14:59.000 to be joining us to talk about or he would 0:14:59.000 --> 0:15:00.720 have been pardon me, would have been lieutenant governor to 0:15:00.720 --> 0:15:03.840 talk about what it was like to run against Gillespie, 0:15:03.880 --> 0:15:06.240 what I mean, sorry, run with Gillespie against North and 0:15:06.360 --> 0:15:08.720 what kind of man we're talking about here. He's gonna 0:15:08.720 --> 0:15:10.440 give you his view of what's really going on with 0:15:10.480 --> 0:15:13.640 these two Virginia politicians from a Democrat side. So you 0:15:13.680 --> 0:15:16.720 will want to stick around for that, and we will 0:15:16.760 --> 0:15:21.200 be right back. By now, most of us have started 0:15:21.280 --> 0:15:24.200 racking our brains about what Valentine's gift is gonna make 0:15:24.200 --> 0:15:26.800 her Day special. Well, stop worrying about it. 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Pick your livery 0:16:00.360 --> 0:16:02.400 date and let one eight hundred Flowers handle the rest. 0:16:02.440 --> 0:16:05.280 When it comes to Valentine's I don't settle for anything 0:16:05.360 --> 0:16:08.080 less than my rose authority one hundred flowers dot com. 0:16:08.160 --> 0:16:10.680 To order the eighteen stamen chanted rose medley for twenty 0:16:10.760 --> 0:16:13.160 nine ninety nine or w roses for twenty bucks more, 0:16:13.280 --> 0:16:15.720 go to one eight hundred flowers dot com slash buck. 0:16:15.920 --> 0:16:21.040 That's one eight hundred flowers dot com slash buck. I 0:16:21.240 --> 0:16:24.479 stand by my statement of apology to the many Virginians 0:16:24.480 --> 0:16:28.200 who were hurt by seeing this content on a yearbook 0:16:28.240 --> 0:16:33.440 page that belongs to me. It is disgusting, it is offensive, 0:16:34.280 --> 0:16:39.240 it is racist, and it was my responsibility to recognize 0:16:39.320 --> 0:16:42.360 and prevent it from being published in the first place. 0:16:43.400 --> 0:16:47.120 I recognize that many people will find this difficult to believe. 0:16:49.640 --> 0:16:52.920 I think people find it difficult to believe that this 0:16:52.960 --> 0:16:55.640 guy thinks that he can say these things and anyone's 0:16:55.640 --> 0:17:00.320 gonna believe him. What a pile of nonsense. And there's 0:17:00.360 --> 0:17:02.160 a better word for it. But I can't use it 0:17:02.200 --> 0:17:05.919 on the radio. You have got to be kidding me. 0:17:06.800 --> 0:17:11.560 This guy walked back his apology of his own yearbook page. Now, 0:17:12.160 --> 0:17:14.280 I will tell you that anyone who's ever posed for 0:17:14.280 --> 0:17:16.760 a photograph, if shown the photograph, can look at it 0:17:16.840 --> 0:17:18.439 and say, yeah, that's me, or no, that's not me. 0:17:19.840 --> 0:17:24.280 Maybe if you're taken by you know, if somebody photographed 0:17:24.320 --> 0:17:26.680 you and you didn't know it, you know, maybe in 0:17:26.760 --> 0:17:29.040 certain lighting. No, But but if you stood there and 0:17:29.200 --> 0:17:31.320 you know, big smile on your face, this is a 0:17:31.320 --> 0:17:33.159 photo of me. I don't care who you are. You 0:17:33.200 --> 0:17:39.600 know it's you. It is completely not credible that he's 0:17:39.920 --> 0:17:42.320 that it's not him in the photo. Now, it's just 0:17:42.359 --> 0:17:46.800 not credible, and no person should be even asked to 0:17:46.960 --> 0:17:49.800 believe him. But it is better, you see, for him 0:17:49.800 --> 0:17:53.600 to try to live this lie than to be honest 0:17:53.680 --> 0:17:56.000 and truthful, because if he's honest, he's not going to 0:17:56.080 --> 0:17:59.560 be able to weather this political storm. His governorship is toast. 0:18:02.359 --> 0:18:06.440 Where's the media on this. Oh, they're trying. They're trying 0:18:06.440 --> 0:18:08.400 to run all the interference for him that they can 0:18:08.560 --> 0:18:13.919 and come up with some way, some way to allow 0:18:14.000 --> 0:18:18.280 him to stay. By the way, he also said that 0:18:18.359 --> 0:18:22.280 he had previously worn black face, just not this time. 0:18:22.320 --> 0:18:26.879 Play clip eight of what's his name saying, Michael Jackson, 0:18:26.880 --> 0:18:30.240 excuse me, that's why I have Pam with me. I 0:18:30.400 --> 0:18:34.000 had the shoes, I had a glove, and I used 0:18:34.040 --> 0:18:36.200 us a little bit of shoe polish to put under 0:18:36.240 --> 0:18:39.040 my or all my cheeks. And the reason I used 0:18:39.040 --> 0:18:40.679 a very little bit is because I don't know if 0:18:40.720 --> 0:18:43.040 anybody has ever tried that, but you cannot get shoe 0:18:43.080 --> 0:18:45.399 polosh off for I want to be honest with people. 0:18:45.440 --> 0:18:50.280 And again, as I said earlier, I discussed this with 0:18:50.800 --> 0:18:53.239 a person of color. He let me know why this 0:18:53.359 --> 0:18:56.760 was offensive. I apologize to him, and I will never 0:18:56.800 --> 0:19:02.040 do it again. The guy is talking about the best 0:19:03.040 --> 0:19:08.720 the best practices for when he did previously put himself 0:19:08.720 --> 0:19:10.440 in black face. He's saying, you know, it's hard to 0:19:10.480 --> 0:19:12.720 get it off, so I didn't use too much. I mean, 0:19:12.760 --> 0:19:17.080 Megan Kelly lost her job at NBC for talking about 0:19:17.119 --> 0:19:21.720 black face. He didn't even do anything. We got. We 0:19:21.920 --> 0:19:24.960 gotta hold the left feet to the fire here because 0:19:25.000 --> 0:19:27.680 they've created this fire. I'm sorry. We cannot let them 0:19:28.200 --> 0:19:31.080 do this nonsense where we all get crushed and they 0:19:31.119 --> 0:19:33.840 get to live to fight another day when it comes 0:19:33.880 --> 0:19:39.880 to these these moments of outrage. I mean, this guy, 0:19:40.000 --> 0:19:42.960 if he stays, then you know nothing has any meaning anymore. 0:19:44.520 --> 0:19:47.680 You had quite the showdown. Let's speaker, Pelosi, what did 0:19:47.720 --> 0:19:52.080 you learn about negotiating with her? Well, I think that 0:19:52.600 --> 0:19:55.960 she was very rigid, which I would expect, But I 0:19:55.960 --> 0:19:59.000 think she's very bad for our country. She knows that 0:19:59.080 --> 0:20:01.720 you need a barrier, she knows that we need border security. 0:20:02.040 --> 0:20:04.040 She wanted to win a political point. I happen to 0:20:04.080 --> 0:20:08.440 think it's very bad politics because basically she wants open borders. 0:20:08.440 --> 0:20:11.359 She doesn't mind human trafficking or if she wouldn't do this, 0:20:11.600 --> 0:20:15.959 she's costing the country hundreds of billions of dollars because 0:20:16.000 --> 0:20:18.560 what's happening is when you have a porous border, and 0:20:18.640 --> 0:20:21.040 when you have drugs boring in, and when you have 0:20:21.160 --> 0:20:23.760 people dying all over the country because of people like 0:20:23.840 --> 0:20:27.640 Nancy Pelosi who don't want to give proper border security 0:20:27.680 --> 0:20:31.600 for political reasons. She's doing a terrible disservice to our country. 0:20:33.240 --> 0:20:36.280 I think Trump is obviously correct when he says that 0:20:36.359 --> 0:20:38.960 Nancy Pelosi's doing a disservice the country. But I also 0:20:39.000 --> 0:20:41.639 think that he gets closer to the truth and a 0:20:41.680 --> 0:20:44.000 lot of other Republicans when they talk about this, because 0:20:45.640 --> 0:20:48.159 he knows that she knows that what she's doing is 0:20:48.160 --> 0:20:52.960 actually bad for the country, but she doesn't care. The 0:20:53.040 --> 0:20:57.080 Democrats know they're lying to you about the border. They 0:20:57.119 --> 0:21:01.879 just don't care. Democrats know that they're being duplicitous about 0:21:02.040 --> 0:21:05.520 negotiations for a wall. They said, open up the government 0:21:05.560 --> 0:21:10.480 and then we'll talk. The government was opened. No talking 0:21:10.760 --> 0:21:14.320 worthy of the name. These are not surprises. We know 0:21:14.400 --> 0:21:16.399 who we're dealing with on the other side. Trump certainly 0:21:16.400 --> 0:21:19.959 knows who we are dealing with on the other side, 0:21:21.320 --> 0:21:26.080 but specifically on the issue of the Democrats pushing things 0:21:26.080 --> 0:21:27.840 that they know are bad for the country. I think 0:21:27.920 --> 0:21:32.800 enough Democrats have some understanding of what the ramifications of 0:21:32.800 --> 0:21:36.880 some of the economic policies they're pushing would be, but 0:21:36.920 --> 0:21:39.760 they simply don't care. They know that it is an 0:21:39.760 --> 0:21:44.200 emotional touch point for their base. It is a way 0:21:44.200 --> 0:21:49.320 to mobilize people. We all have disappointments, we all have 0:21:49.400 --> 0:21:53.080 our resentments. There are things that bother us about the 0:21:53.119 --> 0:21:57.360 way that our day to day goes or how things 0:21:57.359 --> 0:21:59.520 are happening, and there what's going on in the country. 0:22:00.680 --> 0:22:03.240 And coming up with a narrative that allows them blame 0:22:03.320 --> 0:22:06.680 to be placed on the other is very potent. This 0:22:06.720 --> 0:22:09.960 is powerful, and to do this through the prism of 0:22:10.000 --> 0:22:17.960 class warfare is increasingly going to be the central mantra 0:22:18.320 --> 0:22:20.159 you see from the Democrats. This is what they're going 0:22:20.240 --> 0:22:24.080 to do. It's all about the big rich, fatcats. It'll 0:22:24.119 --> 0:22:26.120 be kind of a retread of what you heard during 0:22:26.160 --> 0:22:30.880 the Occupy Wall Street era. But remember Occupy Wall Street fizzled, 0:22:31.359 --> 0:22:33.400 and it didn't just fizzle because it was a bunch 0:22:33.440 --> 0:22:38.680 of pseudo hippies with iPads playing in drum circles fizzled 0:22:38.680 --> 0:22:43.320 because Barack Obama was president during that couldn't get the 0:22:44.680 --> 0:22:49.440 hardcore left that upset with as leftist a president as 0:22:49.440 --> 0:22:52.160 Barack Obama in charge. But now things are different. Now 0:22:52.200 --> 0:22:56.439 you have an ultra capitalist of sorts in President Trump 0:22:56.920 --> 0:23:02.320 in office, and that means that the agitation and the 0:23:02.359 --> 0:23:06.600 community organizing from the left is much more likely to 0:23:06.640 --> 0:23:12.080 succeed here, which then just brings me to what I 0:23:12.119 --> 0:23:15.560 think is an important component of this discussion on capitalism 0:23:15.600 --> 0:23:17.960 that you probably won't hear elsewhere, and it doesn't get 0:23:18.000 --> 0:23:22.159 nearly enough attention when we think of the successes of 0:23:22.200 --> 0:23:25.760 capitalism today, the kind of stuff that Occasio Cortez will 0:23:25.800 --> 0:23:31.480 point to. We look at these Internet era mega companies 0:23:32.520 --> 0:23:38.760 Facebook and Amazon and Google and many others, and we 0:23:38.880 --> 0:23:41.960 understand that there's a big upside in terms of convenience 0:23:41.960 --> 0:23:45.400 and connectivity and communication that they bring to us. There 0:23:45.440 --> 0:23:49.760 are also some downsides. I increasingly think that social media 0:23:49.960 --> 0:23:53.240 is probably you know, and even split as to whether 0:23:53.280 --> 0:23:55.040 it's really good for us in the end or not 0:23:56.680 --> 0:24:00.280 good for society or not. But if you want to 0:24:00.400 --> 0:24:03.120 understand what is so incredible about the system that we have, 0:24:04.440 --> 0:24:11.280 thinking smaller and simpler terms, think more about the Walmart 0:24:11.440 --> 0:24:15.439 effect on this country, or the Ikea effect in this 0:24:15.600 --> 0:24:18.720 country as a result of free markets and capitalism and 0:24:18.800 --> 0:24:23.000 individual innovation, that you can go into a store. I mean, 0:24:23.040 --> 0:24:26.960 here's one example for me. I got a beard trimmer today. 0:24:27.560 --> 0:24:29.520 I got a beard trimmer for about forty bucks. Now, 0:24:29.520 --> 0:24:34.040 people always put down the cheap products that we get 0:24:34.119 --> 0:24:36.520 from overseas and how that's not going to make you know, 0:24:36.560 --> 0:24:39.040 there's this whole mentality in the right of that's not 0:24:39.080 --> 0:24:40.679 going to make you happy, that's not going to make 0:24:40.680 --> 0:24:42.879 you fulfill. Oh yeah, okay, fine. No one's saying that 0:24:42.920 --> 0:24:46.640 my beard trimmer is an existential issue. But I now 0:24:46.640 --> 0:24:49.359 I have my beard trimmer. I know that it's going 0:24:49.440 --> 0:24:52.560