1 00:00:00,360 --> 00:00:04,560 Speaker 1: America is going bankrupt. America is in a financial crisis. 2 00:00:04,720 --> 00:00:08,480 Speaker 1: And this is me sounding the alarm. It is happening, 3 00:00:08,560 --> 00:00:11,440 Speaker 1: and it's real, and you need to understand what's happening 4 00:00:11,440 --> 00:00:13,600 Speaker 1: in this country and what you're going to be left with, 5 00:00:13,640 --> 00:00:16,079 Speaker 1: what your kids are going to be left with. This 6 00:00:16,160 --> 00:00:19,360 Speaker 1: is all because of the insane, out of control spending 7 00:00:19,400 --> 00:00:24,400 Speaker 1: by the Biden administration. The Biden administration is celebrating right 8 00:00:24,400 --> 00:00:27,159 Speaker 1: now as Congress has given the final approval to the 9 00:00:27,280 --> 00:00:32,560 Speaker 1: two point five trillion dollar debt sealing increase. This as 10 00:00:32,600 --> 00:00:36,120 Speaker 1: inflation is eating away at the value of the US dollar. 11 00:00:37,440 --> 00:00:40,000 Speaker 1: Did you know that you're making about seven percent less 12 00:00:40,080 --> 00:00:41,920 Speaker 1: right now than you did last year, even if you 13 00:00:42,000 --> 00:00:44,000 Speaker 1: have the same amount of money going into your bank account, 14 00:00:44,000 --> 00:00:48,360 Speaker 1: because your buying power has disappeared by six point eight percent. 15 00:00:48,400 --> 00:00:50,680 Speaker 1: You've taken a six point eight percent pay cut year 16 00:00:50,680 --> 00:00:53,440 Speaker 1: over a year. If you were making fifty grand last year, 17 00:00:53,720 --> 00:00:58,480 Speaker 1: you're really now making forty four grand because the buying 18 00:00:58,520 --> 00:01:03,000 Speaker 1: power of the dollar has disappeared year now, Congress has 19 00:01:03,040 --> 00:01:05,880 Speaker 1: approved this two point five trillion dollars debt ceiling increase, 20 00:01:05,920 --> 00:01:10,800 Speaker 1: inning months of debate between Democrats and Republicans, who claim 21 00:01:10,800 --> 00:01:13,000 Speaker 1: they were leading on this issue, they weren't. Their cowards. 22 00:01:13,720 --> 00:01:16,920 Speaker 1: In twenty nineteen, just so you know, Congress suspended the 23 00:01:16,959 --> 00:01:20,480 Speaker 1: debt ceiling, which prevents the federal government from assuming a 24 00:01:20,480 --> 00:01:24,000 Speaker 1: certain level of national debt. They did this until August 25 00:01:24,000 --> 00:01:26,360 Speaker 1: twenty twenty one, which means that everything has gone through. 26 00:01:26,400 --> 00:01:30,480 Speaker 1: The roof spending, that is, government spending is totally out 27 00:01:30,480 --> 00:01:32,800 Speaker 1: of control. We are going to go bankrupt. We are 28 00:01:32,800 --> 00:01:35,360 Speaker 1: going to have a massive financial crisis in this country, 29 00:01:35,520 --> 00:01:37,960 Speaker 1: and it's going to be a blood bath when it happens. 30 00:01:38,200 --> 00:01:40,200 Speaker 1: People are going to lose their homes. You think two 31 00:01:40,200 --> 00:01:43,240 Speaker 1: thousand and eight was bad, you've seen nothing yet. Now 32 00:01:43,280 --> 00:01:46,160 Speaker 1: an attempt to make Democrats enact a permanent solution on 33 00:01:46,240 --> 00:01:49,240 Speaker 1: their own by the end of the year, Senate Minority 34 00:01:49,280 --> 00:01:52,520 Speaker 1: Leader Mitch McConnell, who's a scumbag, gave Democrats a short 35 00:01:52,600 --> 00:01:55,040 Speaker 1: term deal in October to suspend the debt ceiling again. 36 00:01:56,600 --> 00:01:59,360 Speaker 1: Fast forward to now and a party line vote this morning, 37 00:01:59,560 --> 00:02:02,960 Speaker 1: Law may settled upon an agreement that will fund the 38 00:02:03,000 --> 00:02:06,960 Speaker 1: government through the twenty twenty two midterm elections, meaning no 39 00:02:07,000 --> 00:02:09,120 Speaker 1: one's going to be held accountable for what they have 40 00:02:09,240 --> 00:02:12,040 Speaker 1: just done. In the next election cycle. That's why they 41 00:02:12,080 --> 00:02:15,799 Speaker 1: did it this way. Democrats were united in support of 42 00:02:15,800 --> 00:02:18,120 Speaker 1: the measure, which passes in at fifty to forty nine 43 00:02:18,160 --> 00:02:21,880 Speaker 1: along party lines, and then cleared the House in a 44 00:02:22,280 --> 00:02:24,480 Speaker 1: two hundred and twenty one to two o nine vote 45 00:02:24,520 --> 00:02:29,000 Speaker 1: shortly after midnight. Republicans opposed the legislation and mass with 46 00:02:29,040 --> 00:02:32,519 Speaker 1: only one Republican, a scumbag Representative Adam kinzing Or, a 47 00:02:32,600 --> 00:02:36,040 Speaker 1: hardcore leftist liberal from Illinois that paraded himself as a 48 00:02:36,080 --> 00:02:39,360 Speaker 1: Republican until he realized he couldn't win reelection because he 49 00:02:39,880 --> 00:02:44,360 Speaker 1: was a Liz Cheney Republican. He voted with the Democrats 50 00:02:44,360 --> 00:02:47,360 Speaker 1: in favor of bankrupting the country. The bill now heads 51 00:02:47,360 --> 00:02:50,919 Speaker 1: the Biden. He'll sign it now. The swift action came 52 00:02:50,919 --> 00:02:53,320 Speaker 1: a week after party leaders announce a deal to establish 53 00:02:53,320 --> 00:02:56,079 Speaker 1: a one time fast track process to increase the debt 54 00:02:56,080 --> 00:02:58,359 Speaker 1: ceiling with a very simple majority vote instead of the 55 00:02:58,400 --> 00:03:00,760 Speaker 1: sixty votes needed to move legislation and through the Senate, 56 00:03:01,040 --> 00:03:03,840 Speaker 1: because otherwise we would have defaulted on our loans in 57 00:03:03,880 --> 00:03:07,840 Speaker 1: this country. For the past several months, the Treasury Secretary 58 00:03:07,919 --> 00:03:10,600 Speaker 1: Janet Yellen has repeatedly warned Congress about the danger of 59 00:03:10,639 --> 00:03:15,200 Speaker 1: defaulting on federal debt. Here is her warning quote. In 60 00:03:15,200 --> 00:03:18,280 Speaker 1: a matter of days, millions Americans could be strapped for cash. 61 00:03:18,720 --> 00:03:24,880 Speaker 1: Do something. We could see indefinite delays and critical payments. 62 00:03:25,480 --> 00:03:30,120 Speaker 1: Do something. Nearly fifty million seniors could stop receiving so 63 00:03:30,240 --> 00:03:34,200 Speaker 1: security checks for a time being. In other words, do 64 00:03:34,320 --> 00:03:40,600 Speaker 1: something now. Troops could go unpaid, meaning increase the debt 65 00:03:40,640 --> 00:03:44,119 Speaker 1: limit on our credit cards. Millions of families who rely 66 00:03:44,160 --> 00:03:46,880 Speaker 1: on monthly child tax credits could see delays. So she says, 67 00:03:46,960 --> 00:03:50,200 Speaker 1: vote on this now and just borrow more money. American 68 00:03:50,320 --> 00:03:53,640 Speaker 1: short would default on its obligations, so you must raise 69 00:03:53,680 --> 00:03:57,680 Speaker 1: the debt ceiling. That is what the Treasury Secretary Janet 70 00:03:57,720 --> 00:04:00,680 Speaker 1: Yellen wrote in September for the Wall Street Journal. She 71 00:04:00,760 --> 00:04:03,120 Speaker 1: also wanted to give you a history lesson the US 72 00:04:03,160 --> 00:04:06,960 Speaker 1: has never defaulted, she said, not once on our debts. 73 00:04:07,080 --> 00:04:11,320 Speaker 1: Doing so would likely precipitate a historic financial crisis that 74 00:04:11,360 --> 00:04:15,000 Speaker 1: would compound the damage of the continuing public health emergency 75 00:04:15,000 --> 00:04:17,320 Speaker 1: with COVID. So now we're connecting the national debt to COVID. 76 00:04:18,480 --> 00:04:21,040 Speaker 1: Default could trigger a spike in interest rates, a steep 77 00:04:21,120 --> 00:04:25,119 Speaker 1: drop in stock prices, and other financial turmoils. So do something. Now, 78 00:04:26,400 --> 00:04:28,599 Speaker 1: strife over the debt ceiling has led to renewed debate 79 00:04:28,640 --> 00:04:33,200 Speaker 1: over the national debt, we presently sit at over twenty 80 00:04:33,279 --> 00:04:36,960 Speaker 1: nine trillion dollars. Last week, President Biden signed a bill 81 00:04:37,040 --> 00:04:39,560 Speaker 1: that would fast track the process to raise the debt limit, 82 00:04:40,360 --> 00:04:43,400 Speaker 1: and he reassured all of us at the economic markets 83 00:04:43,440 --> 00:04:46,280 Speaker 1: at home and around the world, don't worry, because we're 84 00:04:46,279 --> 00:04:48,240 Speaker 1: going to pay our debts when they are due. The 85 00:04:48,279 --> 00:04:50,440 Speaker 1: problem is, at some point we will not have the 86 00:04:50,480 --> 00:04:54,960 Speaker 1: money to do this. Several commentators put it this way. Quote, 87 00:04:55,000 --> 00:04:57,000 Speaker 1: I remember when my parents had to use credit cards 88 00:04:57,040 --> 00:04:59,280 Speaker 1: to pay bills too, meaning you didn't really pay a bill. 89 00:04:59,320 --> 00:05:01,760 Speaker 1: You just moved money around and act like you're paying 90 00:05:01,760 --> 00:05:03,360 Speaker 1: a bill, and then you have all the interest rate 91 00:05:03,400 --> 00:05:06,800 Speaker 1: on that bill. The United States pays its debts when 92 00:05:06,800 --> 00:05:09,360 Speaker 1: they are due by raising the debt ceiling to take 93 00:05:09,400 --> 00:05:11,640 Speaker 1: on even more debt and printing more money out of 94 00:05:11,720 --> 00:05:15,640 Speaker 1: thin air. Is what another economists said, saying, that's why 95 00:05:15,680 --> 00:05:18,880 Speaker 1: you're now seeing the issues with inflation and the dollar 96 00:05:19,160 --> 00:05:22,400 Speaker 1: is weakening. The United States pays its debts when they 97 00:05:22,400 --> 00:05:26,240 Speaker 1: are due by robbing Peter to pay Paul is another 98 00:05:26,279 --> 00:05:29,880 Speaker 1: way of putting it. This is what the Biden administration 99 00:05:29,920 --> 00:05:31,760 Speaker 1: has done. Now, let's talk about how bad the debt 100 00:05:31,800 --> 00:05:34,200 Speaker 1: is in this country. And again I am sound the alarm. Yes, 101 00:05:34,240 --> 00:05:38,719 Speaker 1: I am freaking out because the US federal debt right now. 102 00:05:38,960 --> 00:05:42,240 Speaker 1: And if you get to hear this information, get our podcasts, 103 00:05:42,360 --> 00:05:46,960 Speaker 1: all of it's there, share it. Please share this information 104 00:05:47,000 --> 00:05:49,880 Speaker 1: with your family and friends, because these are the facts. 105 00:05:49,880 --> 00:05:52,160 Speaker 1: These are the undisputed facts that you need to know 106 00:05:52,200 --> 00:05:54,160 Speaker 1: about and what's happening in this country because one day 107 00:05:54,160 --> 00:05:56,240 Speaker 1: you're gonna wake up and we're going to be in 108 00:05:56,320 --> 00:06:00,640 Speaker 1: a financial crisis. And when it happens, it's going to 109 00:06:00,680 --> 00:06:02,279 Speaker 1: be way worse than what we saw in Oa with 110 00:06:02,360 --> 00:06:04,919 Speaker 1: Lehman Brothers and the bank bailouts and all that crap 111 00:06:04,960 --> 00:06:07,719 Speaker 1: that happened. We won't have the money to bail anyone out. 112 00:06:08,480 --> 00:06:12,239 Speaker 1: People's lives will be ruined, Companies will be destroyed, people 113 00:06:12,240 --> 00:06:15,160 Speaker 1: will commit suicide. That's what happens when you see a 114 00:06:15,200 --> 00:06:18,160 Speaker 1: financial crisis that we are building right now. And don't 115 00:06:18,200 --> 00:06:21,120 Speaker 1: tell me I'm overreacting, because the facts back me up. 116 00:06:21,200 --> 00:06:24,720 Speaker 1: How bad is it US federal debt to GDP ratio 117 00:06:24,880 --> 00:06:28,760 Speaker 1: right now? Let me give you a comparison number. First, 118 00:06:29,240 --> 00:06:33,480 Speaker 1: the US federal debt to GDP ratio in nineteen eighty, okay, 119 00:06:33,480 --> 00:06:36,240 Speaker 1: when actually things are pretty bad, Member nineteen seventy nine, 120 00:06:36,240 --> 00:06:41,160 Speaker 1: Member gas Prices, Member Shortages, Member Jimmy Carter. The US 121 00:06:41,240 --> 00:06:46,120 Speaker 1: federal debt to GDP ratio in nineteen eighty was thirty 122 00:06:46,120 --> 00:06:50,440 Speaker 1: four point seven one percent. So thirty four point seven 123 00:06:50,440 --> 00:06:53,600 Speaker 1: one percent was a federal debt to gross domestic product 124 00:06:53,680 --> 00:06:58,279 Speaker 1: ratio in two thousand, after we had a lot of 125 00:06:58,320 --> 00:07:01,880 Speaker 1: problems with nine to eleven, that started to tinker, right. 126 00:07:01,960 --> 00:07:05,000 Speaker 1: That started in the two thousands. Early two thousands, we 127 00:07:05,120 --> 00:07:10,360 Speaker 1: had our GDP skyrocket. US federal debt to GDP ratio 128 00:07:10,440 --> 00:07:13,200 Speaker 1: skyrocket a fifty five point two three percent, And there 129 00:07:13,200 --> 00:07:15,320 Speaker 1: we're account of a sin warning. If we don't get 130 00:07:15,320 --> 00:07:16,880 Speaker 1: this under control, we will get to point where we 131 00:07:16,920 --> 00:07:20,480 Speaker 1: will default on our debts. So we went from thirty 132 00:07:20,480 --> 00:07:24,160 Speaker 1: four percent to nineteen eighty to fifty five percent in 133 00:07:24,200 --> 00:07:29,600 Speaker 1: two thousand. Where are we now, under Biden, our US 134 00:07:29,720 --> 00:07:32,720 Speaker 1: federal debt to GDP ratio is at one hundred and 135 00:07:32,880 --> 00:07:38,640 Speaker 1: twenty five point nine two percent. This is not just unsustainable. 136 00:07:38,720 --> 00:07:41,960 Speaker 1: This is an atomic financial bomb that is going to explode. 137 00:07:42,280 --> 00:07:45,000 Speaker 1: There is no way to undo what we just did 138 00:07:45,280 --> 00:07:50,400 Speaker 1: without massive government spending cuts, and no one has an 139 00:07:50,440 --> 00:07:53,240 Speaker 1: appetite for doing that because these leaders are whoring out 140 00:07:53,240 --> 00:07:56,080 Speaker 1: our country. They're bankrupting our country, and I actually think 141 00:07:56,080 --> 00:07:57,960 Speaker 1: they're doing it on purpose now, because this is how 142 00:07:58,000 --> 00:08:01,360 Speaker 1: you actually get socialism. When the American people can't pay 143 00:08:01,400 --> 00:08:04,360 Speaker 1: their bills because the US government can't pay their bills, 144 00:08:04,480 --> 00:08:06,320 Speaker 1: and you see interest rates go through the roof, so 145 00:08:06,400 --> 00:08:09,320 Speaker 1: people can't own homes anymore, and they can't buy cars anymore, 146 00:08:09,520 --> 00:08:12,480 Speaker 1: and their dollar bills that they've saved are worth nothing. Again, 147 00:08:12,560 --> 00:08:14,600 Speaker 1: I go back to what I just said. You have 148 00:08:14,680 --> 00:08:17,840 Speaker 1: fifty thousand dollars salary last year, this year the same 149 00:08:17,880 --> 00:08:22,640 Speaker 1: fifty thousand, and buying powers really at forty four thousand dollars. 150 00:08:23,680 --> 00:08:25,960 Speaker 1: You took a pay cut and didn't even know it 151 00:08:26,320 --> 00:08:31,200 Speaker 1: a significant one because of inflation. You're fifty thousand dollars 152 00:08:31,280 --> 00:08:34,040 Speaker 1: last year bought you way more than fifty thousand dollars 153 00:08:34,080 --> 00:08:38,199 Speaker 1: can buy you this year. So let's talk about each 154 00:08:38,240 --> 00:08:40,959 Speaker 1: of our obligations right now. When you have a US 155 00:08:41,080 --> 00:08:45,480 Speaker 1: national debt at twenty nine trillion billion, twenty nine trillion dollars, 156 00:08:46,840 --> 00:08:48,959 Speaker 1: you know the majority of Americans don't pay taxes. A 157 00:08:48,960 --> 00:08:51,360 Speaker 1: lot of people don't realize that. So if you do 158 00:08:51,440 --> 00:08:53,319 Speaker 1: debt per tax payer, because there's about forty percent of 159 00:08:53,360 --> 00:08:56,000 Speaker 1: Americans that pay zero tax there's some that do pay taxes, 160 00:08:56,040 --> 00:08:58,240 Speaker 1: they get almost all back, which is about fifty percent 161 00:08:58,280 --> 00:09:00,600 Speaker 1: of Americans. You have a divided country right now, which 162 00:09:00,640 --> 00:09:03,720 Speaker 1: is headed towards socialism because half the Americans don't have 163 00:09:03,800 --> 00:09:07,120 Speaker 1: skin in the game within it comes to taxes. So 164 00:09:07,160 --> 00:09:10,800 Speaker 1: if you right now had a call, a financial call 165 00:09:10,840 --> 00:09:14,200 Speaker 1: on the debt, if the bank's called those that owe 166 00:09:14,480 --> 00:09:17,720 Speaker 1: that we owe money too, called America and said, mister president, 167 00:09:17,800 --> 00:09:20,280 Speaker 1: we need you to clear up your debt today, every 168 00:09:21,360 --> 00:09:23,880 Speaker 1: taxpayer in America would be forced to write a check 169 00:09:23,920 --> 00:09:26,520 Speaker 1: for two hundred and twenty nine thousand, seven hundred and 170 00:09:26,520 --> 00:09:30,119 Speaker 1: six dollars and then we would would we would immediately 171 00:09:30,520 --> 00:09:32,840 Speaker 1: zero out our debt, and within one one hundred of 172 00:09:32,880 --> 00:09:36,000 Speaker 1: a second we would be back in debt again. That 173 00:09:36,160 --> 00:09:39,480 Speaker 1: is hard to get your mind around. Think about right now, 174 00:09:39,640 --> 00:09:41,560 Speaker 1: the federal government calls you or the irs sent you 175 00:09:41,559 --> 00:09:43,360 Speaker 1: a bill for two hundred twenty nine thousand dollars and 176 00:09:43,360 --> 00:09:44,840 Speaker 1: said this is what you got to pay because we 177 00:09:44,920 --> 00:09:47,240 Speaker 1: have a debt problem. And that's what the amount of 178 00:09:47,240 --> 00:09:49,520 Speaker 1: money that each taxpayers on the hook for right now, 179 00:09:49,720 --> 00:09:53,280 Speaker 1: if you divide it evenly among all US taxpayers. Let's 180 00:09:53,320 --> 00:09:55,679 Speaker 1: look at a different way now. Remember almost Americans don't 181 00:09:55,720 --> 00:09:57,280 Speaker 1: pay any tax at all. So let's say we just 182 00:09:57,320 --> 00:10:01,079 Speaker 1: did it per American citizen. If we divided it per 183 00:10:01,320 --> 00:10:05,319 Speaker 1: American citizen, everybody walking in America, that's an American citizen 184 00:10:05,400 --> 00:10:08,280 Speaker 1: right now, and everybody had to pay their quote fair share, 185 00:10:08,320 --> 00:10:10,960 Speaker 1: which is some Democrats talking about all the time. Every 186 00:10:11,000 --> 00:10:13,520 Speaker 1: single person. This includes those that are handicapped, those that 187 00:10:13,520 --> 00:10:16,360 Speaker 1: are elderly, those that are young, those that are old, 188 00:10:16,679 --> 00:10:19,400 Speaker 1: though everybody in between. What you would have to do 189 00:10:19,600 --> 00:10:22,280 Speaker 1: is you would actually have to have everybody write a 190 00:10:22,400 --> 00:10:27,080 Speaker 1: check for eighty seven thousand dollars. Let that sink in. 191 00:10:28,440 --> 00:10:31,480 Speaker 1: Let me give you another perspective on just how bad 192 00:10:31,520 --> 00:10:33,640 Speaker 1: things are right now. And I'm going to explain something 193 00:10:33,640 --> 00:10:36,640 Speaker 1: to you which is important, and I'll say it again. 194 00:10:36,800 --> 00:10:41,120 Speaker 1: All of this is in our podcast, So please share 195 00:10:41,360 --> 00:10:45,160 Speaker 1: this podcast with your family and friends because you need 196 00:10:45,200 --> 00:10:48,120 Speaker 1: to understand what they're doing to our country right now. 197 00:10:48,960 --> 00:10:52,120 Speaker 1: There is a way to measure how good or how 198 00:10:52,160 --> 00:10:54,840 Speaker 1: bad things are when it comes to the economy, and 199 00:10:54,920 --> 00:10:58,600 Speaker 1: there's different categories. One of them that's extremely important is 200 00:10:58,679 --> 00:11:02,760 Speaker 1: one that is called the hot Sell Price Index. It's 201 00:11:02,800 --> 00:11:06,800 Speaker 1: also referred to if you take classes in colleges WPI. 202 00:11:07,920 --> 00:11:10,320 Speaker 1: Now Hostell Price Index, and I'm going to try to 203 00:11:10,360 --> 00:11:12,000 Speaker 1: give this to you as easily as I can in 204 00:11:12,000 --> 00:11:14,640 Speaker 1: the layman's terms, but you need to not tune this out. 205 00:11:14,640 --> 00:11:18,200 Speaker 1: You need to learn this. It is an index that 206 00:11:18,520 --> 00:11:22,000 Speaker 1: measures and tracks the changes in the prices of the 207 00:11:22,040 --> 00:11:27,560 Speaker 1: goods that you're gonna buy in the stages that they're 208 00:11:27,559 --> 00:11:30,559 Speaker 1: being bought and sold before they get to you at 209 00:11:30,600 --> 00:11:35,200 Speaker 1: the retail levels. So in other words, you go to Target, 210 00:11:35,320 --> 00:11:39,960 Speaker 1: you go to Walmart, and you buy toilet paper. The 211 00:11:40,040 --> 00:11:43,280 Speaker 1: Hostell Price Index measures and tracks that changes in the 212 00:11:43,320 --> 00:11:46,960 Speaker 1: prices of that toilet paper to make it, the raw material, 213 00:11:47,040 --> 00:11:51,080 Speaker 1: the manufacturing, the shipping, every stage of that toilet paper 214 00:11:51,160 --> 00:11:52,920 Speaker 1: before it gets to you on the shelf, and then 215 00:11:52,920 --> 00:11:55,400 Speaker 1: what you buy it out. What you don't want to 216 00:11:55,440 --> 00:11:59,719 Speaker 1: see is Hostell Price Index skyrocket because that means that 217 00:11:59,800 --> 00:12:06,000 Speaker 1: the price to you is skyrocketing. WPI shows the included 218 00:12:06,080 --> 00:12:12,800 Speaker 1: goods average price change. Okay, it's it's a core indicator 219 00:12:13,559 --> 00:12:17,640 Speaker 1: of the country's level of inflation. Let me give you 220 00:12:17,679 --> 00:12:20,960 Speaker 1: the headlines today and again the mainstream media is not 221 00:12:21,080 --> 00:12:23,840 Speaker 1: wanting you to understand this or cover it. Okay, but 222 00:12:24,160 --> 00:12:26,280 Speaker 1: this is what investors are looking at this while you're 223 00:12:26,280 --> 00:12:30,000 Speaker 1: seeing the volatility in the markets right now. CNBC headline 224 00:12:30,160 --> 00:12:35,000 Speaker 1: hosteale prices measures rows nine point six percent in November 225 00:12:35,040 --> 00:12:38,319 Speaker 1: from a year ago. That what that means is everything 226 00:12:38,360 --> 00:12:43,320 Speaker 1: you're saying, the average Hostelle price to get the product 227 00:12:43,320 --> 00:12:46,440 Speaker 1: to you. Those that are creating these products are paying 228 00:12:46,520 --> 00:12:50,960 Speaker 1: nine point six percent more on average over the entire 229 00:12:51,040 --> 00:12:54,959 Speaker 1: sector of hostelle pricing. Okay, let me explain to you 230 00:12:55,000 --> 00:12:57,600 Speaker 1: a different way. If you had one hundred thousand dollars 231 00:12:57,600 --> 00:13:00,319 Speaker 1: and you were buying goods last year, you're buying power 232 00:13:00,440 --> 00:13:04,000 Speaker 1: now is ninety thousand. You lost ten percent of your 233 00:13:04,000 --> 00:13:07,600 Speaker 1: buying power. Okay. If you had fifty thousand dollars last 234 00:13:07,679 --> 00:13:10,960 Speaker 1: year to go out and buy goods to sell, you 235 00:13:11,040 --> 00:13:16,000 Speaker 1: basically now have forty five thousand to go buy those goods. 236 00:13:17,120 --> 00:13:21,080 Speaker 1: The value of your dollar has just disappeared. Market Watch 237 00:13:21,160 --> 00:13:23,480 Speaker 1: put it this way with their headline, hostel prices shoot 238 00:13:23,559 --> 00:13:27,840 Speaker 1: up again again and show us inflation is still getting worse, 239 00:13:28,480 --> 00:13:31,400 Speaker 1: even though the White House says it's not UPI says 240 00:13:31,480 --> 00:13:34,120 Speaker 1: US hotel price up nine point six percent year over year, 241 00:13:34,440 --> 00:13:39,240 Speaker 1: and they're setting new inflation records. US News had their 242 00:13:39,280 --> 00:13:42,560 Speaker 1: headline read this way. Hostel inflation inflation rose at a 243 00:13:42,720 --> 00:13:45,880 Speaker 1: record annual rate of nine point six percent in November. 244 00:13:46,320 --> 00:13:48,360 Speaker 1: Fox Business Channel put it this way, and now that 245 00:13:48,400 --> 00:13:53,920 Speaker 1: you understand the hotel inflation index, this will make more 246 00:13:54,120 --> 00:13:56,160 Speaker 1: sense to you in the context that you're about to 247 00:13:56,200 --> 00:13:59,960 Speaker 1: hear it. Listen very carefully. We are very close to 248 00:14:00,120 --> 00:14:04,000 Speaker 1: double digit wholesale inflation. Let that sink in and let 249 00:14:04,040 --> 00:14:07,720 Speaker 1: that scare you, because it will be feeding into consumer 250 00:14:07,800 --> 00:14:11,760 Speaker 1: prices for months to come. The Federal Reserve since March 251 00:14:11,840 --> 00:14:15,920 Speaker 1: to twenty twenty is kept rates at basically zero, and 252 00:14:16,040 --> 00:14:20,640 Speaker 1: you cannot have a functioning economy where real interest rates 253 00:14:20,680 --> 00:14:24,680 Speaker 1: are negative. Expect them to move, and maybe move more 254 00:14:24,760 --> 00:14:28,680 Speaker 1: quickly in terms of raw stopping the bond buying and 255 00:14:28,920 --> 00:14:33,040 Speaker 1: raising rates than some people are expecting. One very disturbing thing, 256 00:14:33,120 --> 00:14:36,360 Speaker 1: and then I will wrap up, is that yesterday the 257 00:14:36,400 --> 00:14:40,760 Speaker 1: New York Federal Reserve released a survey of consumers expectations 258 00:14:40,840 --> 00:14:45,840 Speaker 1: or public expectations for inflation short term expectations, say in 259 00:14:45,880 --> 00:14:49,680 Speaker 1: the next year rose to six percent for consumer inflation. 260 00:14:50,080 --> 00:14:53,760 Speaker 1: That is a record high, and it also is twice 261 00:14:54,040 --> 00:14:58,360 Speaker 1: the pace of wage gains. So once expectations set in 262 00:14:58,480 --> 00:15:03,080 Speaker 1: for higher prices, those higher prices beget higher prices. That 263 00:15:03,160 --> 00:15:07,240 Speaker 1: it's a confidence game among consumers and this could semit 264 00:15:07,400 --> 00:15:11,280 Speaker 1: inflation for not just months, but years to come, certainly 265 00:15:11,280 --> 00:15:15,680 Speaker 1: a concern for the central bag. All right, let's break 266 00:15:15,720 --> 00:15:20,520 Speaker 1: down this. What she's saying is that if you think 267 00:15:20,560 --> 00:15:22,840 Speaker 1: that this isn't going to affect your life, you're wrong. 268 00:15:23,160 --> 00:15:26,280 Speaker 1: Go out shopping and you'll see it. You've lost your 269 00:15:26,280 --> 00:15:32,240 Speaker 1: buying power. Your salary has basically become less valuable than 270 00:15:32,280 --> 00:15:34,080 Speaker 1: it was last year. Your buying power is not what 271 00:15:34,160 --> 00:15:36,440 Speaker 1: it was a year ago. And things are getting worse 272 00:15:37,000 --> 00:15:39,400 Speaker 1: and the hostale world things are getting worse as well. 273 00:15:40,720 --> 00:15:43,880 Speaker 1: So you need to understand this is what is happening. 274 00:15:44,520 --> 00:15:47,040 Speaker 1: You need to understand how important it is to get 275 00:15:47,080 --> 00:15:49,480 Speaker 1: your head around just how bad things are in fact 276 00:15:49,560 --> 00:15:52,320 Speaker 1: getting and they're getting bad. And it's not because you know, 277 00:15:52,360 --> 00:15:54,920 Speaker 1: we're trying to scare it's because it actually should scare you. Scare, 278 00:15:55,080 --> 00:15:56,720 Speaker 1: it should scare the hell out of you right now, 279 00:15:58,280 --> 00:16:01,120 Speaker 1: this administration is printing money, and the more money they print, 280 00:16:01,160 --> 00:16:03,240 Speaker 1: the less valuable the money you currently have. And what 281 00:16:03,280 --> 00:16:07,560 Speaker 1: you've saved is your purchasing powers disappear, and interest rates 282 00:16:07,560 --> 00:16:09,880 Speaker 1: is you just describe it. At some point, the feed 283 00:16:10,040 --> 00:16:11,760 Speaker 1: is going to have to stop this, and the only 284 00:16:11,800 --> 00:16:16,120 Speaker 1: way to do it is to raise interest rates because 285 00:16:16,120 --> 00:16:18,480 Speaker 1: they can't lower them. They can't be negative. Right. If 286 00:16:18,480 --> 00:16:21,400 Speaker 1: you do that, then the economy also crashes in a 287 00:16:21,520 --> 00:16:23,880 Speaker 1: very different way. So it's got to be done in 288 00:16:23,880 --> 00:16:29,840 Speaker 1: a way that is basically controlled chaos. Go back and 289 00:16:29,880 --> 00:16:33,320 Speaker 1: look at interest rates. Talk to if you're my age, 290 00:16:33,360 --> 00:16:35,440 Speaker 1: you're forty something, talk to your parents and asking what 291 00:16:35,480 --> 00:16:37,640 Speaker 1: their first interest rate was on their first house. Most 292 00:16:37,640 --> 00:16:39,400 Speaker 1: of them will tell you it was fourteen fifteen percent. 293 00:16:39,440 --> 00:16:42,960 Speaker 1: It was almost like credit card rates. If you go 294 00:16:43,000 --> 00:16:45,320 Speaker 1: back to the late seventies and early eighties and the 295 00:16:45,400 --> 00:16:47,360 Speaker 1: rates that people are having to pay, there were people 296 00:16:47,360 --> 00:16:48,920 Speaker 1: who had good jobs and save money to had to 297 00:16:48,920 --> 00:16:51,560 Speaker 1: get cosigners from their parents, they had to assume loans 298 00:16:51,600 --> 00:16:53,600 Speaker 1: or only by loans from buy houses from people where 299 00:16:53,600 --> 00:16:55,640 Speaker 1: they could assume a loan that was something that they 300 00:16:55,640 --> 00:16:58,640 Speaker 1: could assume that they could afford because new interest rates 301 00:16:58,640 --> 00:17:05,280 Speaker 1: they couldn't afford. The economy was in shambles, folks. And 302 00:17:05,359 --> 00:17:09,440 Speaker 1: not only was the economy in shambles, then what made 303 00:17:09,440 --> 00:17:13,400 Speaker 1: it even worse than that? Okay, what made what made 304 00:17:13,400 --> 00:17:16,240 Speaker 1: it even even worse than that, is that people that 305 00:17:16,320 --> 00:17:18,640 Speaker 1: were doing the right things and just paying their bills 306 00:17:18,680 --> 00:17:22,000 Speaker 1: were being punished. They couldn't afford to do basic things. 307 00:17:22,000 --> 00:17:24,040 Speaker 1: They couldn't afford to go on vacations. They couldn't afford 308 00:17:24,080 --> 00:17:25,840 Speaker 1: to travel, They couldn't afford to buy a car, new 309 00:17:25,960 --> 00:17:28,080 Speaker 1: or used. They couldn't afford to live in a house. 310 00:17:28,080 --> 00:17:32,199 Speaker 1: They were stuck at renting. We are going to be 311 00:17:32,359 --> 00:17:34,480 Speaker 1: going not only back there, but it's gonna be far 312 00:17:34,560 --> 00:17:36,800 Speaker 1: worse than that. And if you think I'm freaking out 313 00:17:36,880 --> 00:17:39,520 Speaker 1: right now, I'm not freaking out. I'm telling you this 314 00:17:39,600 --> 00:17:45,080 Speaker 1: is what's coming. So pay attention. Inflation is out of control, 315 00:17:45,560 --> 00:17:48,159 Speaker 1: Your dollar is not worth what it was before, and 316 00:17:48,200 --> 00:17:50,879 Speaker 1: they're printing more money and they think this is not 317 00:17:50,960 --> 00:17:55,800 Speaker 1: a big deal. Nancy Pelosi just said, if we passed 318 00:17:55,840 --> 00:17:59,200 Speaker 1: the Build back Better America, you won't be frightened trying 319 00:17:59,200 --> 00:18:01,520 Speaker 1: to go to sleep at thinking about paying your bills. 320 00:18:01,840 --> 00:18:04,160 Speaker 1: This is while they're trying to sell you on going 321 00:18:04,200 --> 00:18:07,080 Speaker 1: into more debt, build back better. I mean, I've said 322 00:18:07,119 --> 00:18:10,680 Speaker 1: it's transformative and all that, but the best two words 323 00:18:10,680 --> 00:18:13,359 Speaker 1: to use us It lowers cost by the way, that's 324 00:18:13,359 --> 00:18:15,359 Speaker 1: a lie. It does not lower cost, that's a lie. 325 00:18:16,480 --> 00:18:20,600 Speaker 1: It is transformative because it will put us into a 326 00:18:20,720 --> 00:18:24,040 Speaker 1: situation where they can easily turn us into a socialist 327 00:18:24,119 --> 00:18:26,320 Speaker 1: country because none of us will have any power to 328 00:18:26,320 --> 00:18:27,760 Speaker 1: stand up to them, because none of us will have 329 00:18:27,840 --> 00:18:30,439 Speaker 1: any money to stand up to the federal government, and 330 00:18:30,520 --> 00:18:34,359 Speaker 1: they will be in control. The weaker the people get, 331 00:18:35,800 --> 00:18:40,639 Speaker 1: the more powerful the government is. Let that sink in. 332 00:18:42,800 --> 00:18:45,560 Speaker 1: I would argue they're doing this very much on purpose, 333 00:18:46,119 --> 00:18:51,720 Speaker 1: and the reason why is extremely transparent. If you bankrupt America, 334 00:18:51,760 --> 00:18:56,199 Speaker 1: and you bankrupt Main Street, and you bankrupt the little people, 335 00:18:56,600 --> 00:18:59,560 Speaker 1: the mom and pops, and you destroy the American dream, 336 00:18:59,680 --> 00:19:01,960 Speaker 1: people will start giving up and they rely on the government. 337 00:19:01,960 --> 00:19:03,720 Speaker 1: And when you rely on the government, you can put 338 00:19:03,760 --> 00:19:06,720 Speaker 1: in socialism. And when you do that, then they have 339 00:19:06,920 --> 00:19:10,520 Speaker 1: ultimate power over every part and every aspect of your life. 340 00:19:11,760 --> 00:19:15,400 Speaker 1: Tell me I'm wrong. Go around the world and look 341 00:19:15,400 --> 00:19:18,399 Speaker 1: at how they implement socialism. It's always when the people 342 00:19:18,400 --> 00:19:21,679 Speaker 1: are weak certainly not when they're strong. It's when the 343 00:19:21,800 --> 00:19:26,320 Speaker 1: people are weak. That's why she's trying to tell you 344 00:19:26,320 --> 00:19:28,359 Speaker 1: it's transformative. She's not lying to you about that. It 345 00:19:28,440 --> 00:19:32,760 Speaker 1: is transformative. It's transformative towards socialism. But the best two 346 00:19:32,800 --> 00:19:36,359 Speaker 1: words to use as it lowers cost at lowest cost 347 00:19:36,400 --> 00:19:40,400 Speaker 1: of childcare, it lowers cost of health care, and lowest 348 00:19:40,400 --> 00:19:43,840 Speaker 1: cost of food, and lowerst cost in so many ways 349 00:19:43,880 --> 00:19:47,720 Speaker 1: that are essential to America's working families. The very issues 350 00:19:48,160 --> 00:19:51,160 Speaker 1: that people struggle over the kitchen table to figure out 351 00:19:51,200 --> 00:19:54,040 Speaker 1: how we're going to pay the bills, the very issues 352 00:19:57,640 --> 00:20:00,320 Speaker 1: frightening things that people have trying to go to sleep 353 00:20:00,320 --> 00:20:02,760 Speaker 1: at night, how A we're going to pay the bills? Well, 354 00:20:02,960 --> 00:20:06,040 Speaker 1: build that better. By the way, the same people that 355 00:20:06,080 --> 00:20:08,720 Speaker 1: are the ones that create the situation, the scenario where 356 00:20:08,720 --> 00:20:10,360 Speaker 1: things are so bad in our economy right now, which 357 00:20:10,400 --> 00:20:12,760 Speaker 1: is the Democrats, are now the same people telling you 358 00:20:12,800 --> 00:20:14,360 Speaker 1: that you should trust them, that they're going to fix 359 00:20:14,400 --> 00:20:17,160 Speaker 1: the problems which they clearly cannot fix and they are 360 00:20:17,200 --> 00:20:21,400 Speaker 1: not fixing. They're telling you that they're going to fix 361 00:20:21,440 --> 00:20:23,480 Speaker 1: the problems which clearly there's no way they're going to 362 00:20:23,520 --> 00:20:26,600 Speaker 1: fix the problem. They're the ones that created the damn problem. 363 00:20:26,640 --> 00:20:28,399 Speaker 1: Now they're like, trust us while we fix the problem 364 00:20:28,440 --> 00:20:31,920 Speaker 1: that we just created. We're gonna put us into so 365 00:20:32,000 --> 00:20:33,760 Speaker 1: much debt that no one can breathe. We're gonna put 366 00:20:33,840 --> 00:20:36,600 Speaker 1: us into so much debt that no one will be 367 00:20:36,640 --> 00:20:40,080 Speaker 1: able to survive, and the American government will be transformed 368 00:20:40,640 --> 00:20:44,359 Speaker 1: from what it is now. If there's anything that Donald 369 00:20:44,359 --> 00:20:46,919 Speaker 1: Trump proved and it scared the living, you know what 370 00:20:47,000 --> 00:20:49,600 Speaker 1: how the Democratic Party it was this when you empower 371 00:20:49,640 --> 00:20:52,439 Speaker 1: people to take care of themselves and they are less 372 00:20:52,760 --> 00:20:55,320 Speaker 1: needy and less dependent on the federal government to survive 373 00:20:55,800 --> 00:21:00,600 Speaker 1: than they lose power pre COVID nineteen, look at what 374 00:21:00,680 --> 00:21:03,000 Speaker 1: we were doing in this country. You had the lowest 375 00:21:03,040 --> 00:21:06,920 Speaker 1: unemployment rate in history among African Americans, among Asian Americans, 376 00:21:07,520 --> 00:21:11,080 Speaker 1: among Native Americans, among single mothers. You have the lowest 377 00:21:11,160 --> 00:21:14,080 Speaker 1: unemployment rate for minorities Hispanic Americans that we've ever seen 378 00:21:14,119 --> 00:21:19,080 Speaker 1: in this country. And that threatened the control, and that 379 00:21:19,160 --> 00:21:25,200 Speaker 1: threatened the power of the Democratic Party, and they needed 380 00:21:25,240 --> 00:21:27,840 Speaker 1: to destroy this country. To get their power back. They 381 00:21:27,880 --> 00:21:30,679 Speaker 1: needed to have excessive spending so that it would be 382 00:21:30,760 --> 00:21:33,480 Speaker 1: some sort of financial collapse so people would then beg 383 00:21:33,560 --> 00:21:36,280 Speaker 1: for help and that the government could take over. And 384 00:21:36,359 --> 00:21:39,520 Speaker 1: that is exactly what they have done. And if you 385 00:21:39,560 --> 00:21:42,080 Speaker 1: don't think the system is rigged by the way totally 386 00:21:42,119 --> 00:21:44,720 Speaker 1: against you, let me just play you what Nancy Pelosi 387 00:21:44,800 --> 00:21:48,680 Speaker 1: said earlier, she was asked about members of Congress getting rich. 388 00:21:49,200 --> 00:21:52,760 Speaker 1: She's one of them becoming multi millionaires because they are 389 00:21:52,800 --> 00:21:55,440 Speaker 1: able to take advantage of what they're doing with our economy, 390 00:21:55,800 --> 00:21:59,959 Speaker 1: and their spouses are being able to basically have unlimited 391 00:22:00,160 --> 00:22:03,240 Speaker 1: insider trading information on what to invest in, and they've 392 00:22:03,240 --> 00:22:05,439 Speaker 1: been able to double and triple, in quadruple, in ten 393 00:22:05,640 --> 00:22:08,639 Speaker 1: x their money. Pelosi was asked, while all of this 394 00:22:08,840 --> 00:22:10,639 Speaker 1: is happening to you and I in this country, Hey, 395 00:22:10,760 --> 00:22:13,280 Speaker 1: should members of Congress and their spouses be banned from 396 00:22:13,280 --> 00:22:18,280 Speaker 1: trading individual stocks while serving in Congress? Oh? How dare 397 00:22:18,320 --> 00:22:20,400 Speaker 1: you say I should have to live by some some 398 00:22:20,480 --> 00:22:24,959 Speaker 1: basic rule? How dare you act like I should have 399 00:22:25,000 --> 00:22:27,560 Speaker 1: to serve the people instead of serve my own personal 400 00:22:27,600 --> 00:22:31,000 Speaker 1: self interests and become rich. Look at Nancy Pelosi's net 401 00:22:31,000 --> 00:22:33,439 Speaker 1: worth since she's been in Congress. It she is a 402 00:22:33,880 --> 00:22:38,040 Speaker 1: going to die an extremely rich woman while making one 403 00:22:38,080 --> 00:22:40,560 Speaker 1: hundred and some thousand dollars a year it doesn't work 404 00:22:40,640 --> 00:22:47,400 Speaker 1: that way does for her though insiders five month investigations, 405 00:22:47,520 --> 00:22:50,360 Speaker 1: But that's forty nine members hunger than one hundred eighty 406 00:22:50,400 --> 00:22:55,320 Speaker 1: two years congressions that violated the stock guys law. I want. 407 00:22:57,520 --> 00:22:58,960 Speaker 1: By the way, the reporter just said, hey, there was 408 00:22:59,000 --> 00:23:00,879 Speaker 1: a big internal investigation. Since said, a whole bunch of 409 00:23:00,880 --> 00:23:03,919 Speaker 1: members of Congress, Democrats and Republicans, I want to be 410 00:23:03,920 --> 00:23:08,960 Speaker 1: fair on this, have completely violated the rules and buying 411 00:23:08,960 --> 00:23:12,159 Speaker 1: and selling stocks withinside trading knowing what's happening with the 412 00:23:12,240 --> 00:23:16,320 Speaker 1: federal government. So what does Pelosi say again, now that 413 00:23:16,320 --> 00:23:18,480 Speaker 1: you understand the context, I'm playing for you the best 414 00:23:18,480 --> 00:23:20,440 Speaker 1: ideo I can get my hands on. Listen that should 415 00:23:20,480 --> 00:23:24,160 Speaker 1: drink into water and listen to response Congress that there's 416 00:23:25,000 --> 00:23:29,240 Speaker 1: de band from trading in the stocks. Now, I don't 417 00:23:29,320 --> 00:23:33,240 Speaker 1: know to this second one, um any we have a 418 00:23:33,320 --> 00:23:37,240 Speaker 1: responsibility to report in the stock on the stock, but 419 00:23:37,440 --> 00:23:40,840 Speaker 1: I don't. I'm not familiar with that five months review. 420 00:23:41,040 --> 00:23:47,680 Speaker 1: But if people aren't reporting, they should be because this 421 00:23:47,760 --> 00:23:51,000 Speaker 1: is a free market in people. We are a free 422 00:23:51,000 --> 00:23:53,760 Speaker 1: market economy that should be able to participate in that. 423 00:23:55,960 --> 00:23:59,159 Speaker 1: There it is we should be able to participate in that. 424 00:23:59,600 --> 00:24:01,440 Speaker 1: So we can keep doing what we're doing and whorring 425 00:24:01,440 --> 00:24:04,760 Speaker 1: out America. Will keep using your money to whore out America. 426 00:24:04,920 --> 00:24:07,680 Speaker 1: That's what we're going to keep doing. We're gonna keep 427 00:24:07,720 --> 00:24:10,600 Speaker 1: doing this no matter what proval ratings upside down, doesn't matter. 428 00:24:10,640 --> 00:24:13,760 Speaker 1: This will get us out of it right. This infrastructure bill, 429 00:24:13,880 --> 00:24:16,120 Speaker 1: she also wanted to say, protects the planet and improves 430 00:24:16,160 --> 00:24:19,040 Speaker 1: the quality of life of Americans based on what data 431 00:24:19,040 --> 00:24:21,000 Speaker 1: do you have to prove that. There is no data 432 00:24:21,040 --> 00:24:27,200 Speaker 1: to prove that. It's pretty exciting. We just bankrupt America. 433 00:24:27,359 --> 00:24:30,679 Speaker 1: That's why she's excited. We are bankrupting America right in 434 00:24:30,680 --> 00:24:32,120 Speaker 1: front of your very eyes, and you guys are too 435 00:24:32,160 --> 00:24:35,640 Speaker 1: stupid to understand it or comprehend it. And so we're 436 00:24:35,640 --> 00:24:37,920 Speaker 1: going to bankrupt America, which means we will have more 437 00:24:37,960 --> 00:24:41,800 Speaker 1: control over you, which means we have more power. Enthusiasm 438 00:24:41,880 --> 00:24:46,280 Speaker 1: that is out there for the President's package, his vision 439 00:24:46,400 --> 00:24:51,040 Speaker 1: for our country, building the infrastructure in a bipartisan bill 440 00:24:51,160 --> 00:24:53,920 Speaker 1: to do that all of us, many of us are 441 00:24:53,960 --> 00:24:58,840 Speaker 1: having our town meetings, are public events in our in 442 00:24:58,840 --> 00:25:02,560 Speaker 1: our own regions, and the response has just been so 443 00:25:02,680 --> 00:25:06,960 Speaker 1: optimistic about how these resources. By the way, that's a 444 00:25:07,000 --> 00:25:09,520 Speaker 1: lie the Gallop polling shows that everything you just said 445 00:25:09,520 --> 00:25:11,639 Speaker 1: about the public opinions a lie. In fact, the majority 446 00:25:11,680 --> 00:25:14,720 Speaker 1: of the public are actually against this. They're not in 447 00:25:14,760 --> 00:25:17,879 Speaker 1: favor of it, they're against it to build the infrastructure 448 00:25:17,880 --> 00:25:21,720 Speaker 1: in a way that brings the equity, fairness justice to 449 00:25:21,800 --> 00:25:24,840 Speaker 1: it all. Anytime they start using equity, fairness and justice, 450 00:25:24,920 --> 00:25:26,720 Speaker 1: that's when you know you're getting screwed. Those are co 451 00:25:26,840 --> 00:25:30,240 Speaker 1: words for you're getting screwed in a green way that 452 00:25:30,320 --> 00:25:32,960 Speaker 1: protects a green way. So now we're going to fix 453 00:25:32,960 --> 00:25:35,560 Speaker 1: the economy with a bill better back agenda that's now green. 454 00:25:35,840 --> 00:25:37,720 Speaker 1: How did that work out for us? Last time we 455 00:25:37,880 --> 00:25:42,080 Speaker 1: had a green agenda under Obama and Biden. It was 456 00:25:42,119 --> 00:25:44,280 Speaker 1: a disaster and a bunch of their friends got rich 457 00:25:44,320 --> 00:25:47,119 Speaker 1: and we got screwed. We had guaranteed loans, the places 458 00:25:47,160 --> 00:25:49,720 Speaker 1: like Celendra that went under the had no chance of 459 00:25:49,760 --> 00:25:51,960 Speaker 1: ever surviving or making it. It didn't matter because it 460 00:25:52,000 --> 00:25:54,840 Speaker 1: was an agenda that made every one of their friends rich. 461 00:25:56,080 --> 00:25:59,760 Speaker 1: That's what it did. And they're now doing it ten 462 00:26:00,280 --> 00:26:02,600 Speaker 1: x bigger than they did it last time, maybe fifty 463 00:26:02,760 --> 00:26:07,520 Speaker 1: x bigger. She's enthusiastic because she just realized the Democratic 464 00:26:07,560 --> 00:26:10,720 Speaker 1: Party just bankrupt the country, and it's gonna hurt Middle America. 465 00:26:10,760 --> 00:26:12,760 Speaker 1: It's gonna hurt small business owners. And now you're going 466 00:26:12,800 --> 00:26:14,760 Speaker 1: to be reliant on the government, which means they have 467 00:26:14,920 --> 00:26:20,080 Speaker 1: more power because we're not paying attention to this the environment, 468 00:26:20,760 --> 00:26:25,639 Speaker 1: and that again creates good paying union jobs of jobs 469 00:26:25,680 --> 00:26:34,200 Speaker 1: that again protect the planet. As we promote jobs, as 470 00:26:34,280 --> 00:26:38,760 Speaker 1: we move commerce, as we get people safely to and 471 00:26:38,920 --> 00:26:42,159 Speaker 1: from school and work without staying in the cars a 472 00:26:42,160 --> 00:26:45,000 Speaker 1: long time, so it improves the quality of life. So 473 00:26:45,119 --> 00:26:50,000 Speaker 1: that's for the infrastructure, build to build back better, enhances 474 00:26:50,160 --> 00:26:52,200 Speaker 1: all of that. So this is the biggest load of 475 00:26:52,280 --> 00:26:55,359 Speaker 1: blank I've ever heard coming out of her mouth, and 476 00:26:55,520 --> 00:27:00,760 Speaker 1: that's saying something. There's anything you take away from this today, 477 00:27:00,800 --> 00:27:03,480 Speaker 1: it's we're going bankrupt and they're doing it on purpose, 478 00:27:03,680 --> 00:27:06,000 Speaker 1: and it's so they can have an ultimate powergraph because 479 00:27:06,000 --> 00:27:08,879 Speaker 1: when the people are weak, the democrats can seize power 480 00:27:09,160 --> 00:27:11,120 Speaker 1: and they will be totally in control. And they don't 481 00:27:11,160 --> 00:27:12,959 Speaker 1: care if you're poor, they don't care, if you're suffering, 482 00:27:12,960 --> 00:27:14,520 Speaker 1: they don't care. If you can't put good food on 483 00:27:14,560 --> 00:27:16,119 Speaker 1: your table, they don't care. If you can't pay for 484 00:27:16,119 --> 00:27:17,760 Speaker 1: your kids to get a good school. They don't care 485 00:27:17,760 --> 00:27:20,280 Speaker 1: if you live in a safe neighborhood because they will 486 00:27:20,320 --> 00:27:24,280 Speaker 1: always be okay because they're in charge. They're the tyrants. 487 00:27:24,640 --> 00:27:32,600 Speaker 1: Tyrants never go hungry. Tyrants always succeed. Tyrants always have 488 00:27:32,680 --> 00:27:35,640 Speaker 1: a great quality of life. It's the people that suffer. 489 00:27:36,920 --> 00:27:39,360 Speaker 1: They're doing it on purpose. This isn't an accent. They're 490 00:27:39,400 --> 00:27:42,840 Speaker 1: not stupid folks, they're not idiots. They understand how the 491 00:27:42,880 --> 00:27:48,320 Speaker 1: economy works. They're just betting on you don't, which is 492 00:27:48,359 --> 00:27:50,119 Speaker 1: why you need to make sure you start learning the 493 00:27:50,200 --> 00:27:54,159 Speaker 1: stuff you need to understand. Hostel inflation. You'd understand that 494 00:27:54,240 --> 00:27:57,520 Speaker 1: one hundred thousand dollars last year is now worth ninety thousand. 495 00:27:57,520 --> 00:28:00,320 Speaker 1: You understand that if you had fifty thousand buying power 496 00:28:00,320 --> 00:28:05,000 Speaker 1: to go out, it's only worth forty five. Now. This 497 00:28:05,080 --> 00:28:08,280 Speaker 1: country is on fire with crime as well. They're not 498 00:28:08,320 --> 00:28:11,040 Speaker 1: talking about that. Look at the new carjacking reports. It's 499 00:28:11,040 --> 00:28:15,959 Speaker 1: not just our economy. They're taking away our basic rights 500 00:28:16,000 --> 00:28:18,760 Speaker 1: in this country to live in a safe society as well. 501 00:28:19,600 --> 00:28:22,720 Speaker 1: Carjackings up nationwide, Chicago at forty four percent, d See 502 00:28:22,760 --> 00:28:25,080 Speaker 1: up forty five percent, Portland up eighty percent, New York 503 00:28:25,119 --> 00:28:28,240 Speaker 1: City up eighty one percent year over year, we've lost 504 00:28:28,359 --> 00:28:31,919 Speaker 1: on order that's on purpose. We're now losing financial independence 505 00:28:32,119 --> 00:28:38,640 Speaker 1: that's on purpose. Please share this podcast on social media, 506 00:28:39,000 --> 00:28:42,000 Speaker 1: Text it to your friends, let them hear the data 507 00:28:42,040 --> 00:28:46,080 Speaker 1: I gave you today. Please write us a review and 508 00:28:46,240 --> 00:28:49,800 Speaker 1: auto download or subscribe to this podcast. It's free. Will 509 00:28:49,800 --> 00:28:52,360 Speaker 1: continue to cover these subjects of the media refuses to do, 510 00:28:52,480 --> 00:28:54,880 Speaker 1: each and every day. See you back here tomorrow.