WEBVTT - Weaponizing Weather 0:00:00.240 --> 0:00:04.760 All right, glad you with a slight ground to cover today. Oh, 0:00:04.920 --> 0:00:07.520 Governor Cuomo's in trouble, will get to that. And I 0:00:07.520 --> 0:00:11.399 would imagine lawsuits are pending. And apparently the nursing home 0:00:11.440 --> 0:00:15.440 death issue is ooh, they only reported about half of 0:00:15.480 --> 0:00:19.640 what really happened. That's not gonna end well. So many 0:00:20.640 --> 0:00:24.200 friends are just obsessed of It's kind of like a 0:00:24.280 --> 0:00:30.680 David Goliath battle going on Wall Street. And I'm not 0:00:30.680 --> 0:00:34.520 gonna lie. I'm kind of enjoying the hell because I'm 0:00:34.520 --> 0:00:36.280 not the biggest fan of Wall Street. I'm gonna be 0:00:36.360 --> 0:00:39.040 honest here, I'm kind of enjoying the hell out of it, 0:00:39.159 --> 0:00:43.120 just laughing at it all because it's it's kind of 0:00:43.159 --> 0:00:45.440 fascinating to watch. And I'm you know, if I have 0:00:45.600 --> 0:00:49.240 enough friends in at work in this industry, and they're 0:00:49.280 --> 0:00:51.000 gonna be mad at me for saying all this, but 0:00:51.440 --> 0:00:53.440 and they do great work. They do great things. They 0:00:53.440 --> 0:00:57.640 help people say for their retirement. This isn't my wheelhouse. 0:00:57.680 --> 0:01:00.680 It's not what I do. I'm trying to explain on 0:01:00.760 --> 0:01:03.240 the air before. I've had so many people from the 0:01:03.280 --> 0:01:07.560 earliest days of cryptocurrency and bitcoin try to explain to 0:01:07.640 --> 0:01:10.679 me what it is, and I said, okay, I understand cryptocurrency, 0:01:11.040 --> 0:01:13.520 all right, and I understand you don't pay fees. I 0:01:13.560 --> 0:01:17.280 get that part, and I understand there's a finite amount 0:01:17.319 --> 0:01:21.960 of bitcoin available. My brain can comprehend that. And this 0:01:22.040 --> 0:01:24.240 is where you begin to lose me. And I say, okay, 0:01:24.240 --> 0:01:26.960 we'll explain. You know, how is it that it keeps 0:01:27.000 --> 0:01:29.959 growing and growing and the money's involved? If you got 0:01:29.959 --> 0:01:32.800 a limited finite amount, it's like, okay, there's only x 0:01:32.880 --> 0:01:37.400 number of tons of gold x number of ounces of gold. Okay. 0:01:37.440 --> 0:01:39.320 And then I say, no, it's simple. It's an algorithm. 0:01:39.360 --> 0:01:42.760 I say, okay, I know what an algorithm is technically, 0:01:42.800 --> 0:01:45.720 but I really don't. It's not my wheelhouse either. Well 0:01:45.720 --> 0:01:47.560 you know, it's a math equation. I said, okay, I 0:01:47.600 --> 0:01:50.360 can understand that too. And then I'll say okay, so 0:01:50.400 --> 0:01:53.200 then I understand there's only so much of it. Some 0:01:53.240 --> 0:01:55.440 of it apparently has been lost and we'll never be 0:01:55.480 --> 0:01:58.000 able to mind them back again, which is a fascinating 0:01:58.080 --> 0:02:01.400 sidebar to that. And then I'll say, we'll explain the 0:02:01.440 --> 0:02:05.160 next part of it. How come it keeps? You keep saying, well, 0:02:05.200 --> 0:02:06.920 it'll go down for a period. Then it's gonna go 0:02:07.040 --> 0:02:08.520 up and you're gonna add a couple of zeros to it. 0:02:08.560 --> 0:02:12.160 I'm like, why explain that part to me? Well, because 0:02:12.160 --> 0:02:13.760 there's only so much of it and it's part of 0:02:13.760 --> 0:02:17.359 the algorithm. I'm like, well, why is it growing? Then? 0:02:17.400 --> 0:02:23.160 Why is the demand increasing? Demand? Supply demand, crisscross dictate 0:02:23.240 --> 0:02:27.320 prices it that's simple. I just don't. I don't ultimately 0:02:27.360 --> 0:02:31.080 wrap my mind around the algorithm, the math part, and 0:02:31.120 --> 0:02:34.560 there's never a finite answer, final answer to the math 0:02:34.639 --> 0:02:38.320 equation as well. The math equation keeps going on. I'm like, 0:02:38.360 --> 0:02:40.400 but why why do you explain why if it's a 0:02:40.440 --> 0:02:43.680 finite amount, there should be one settled on price. Maybe 0:02:43.680 --> 0:02:46.680 it's altered or changed on any given day depending on 0:02:46.760 --> 0:02:50.520 what the demand is versus the supply, And it just 0:02:50.560 --> 0:02:53.320 gets interesting. So I've just kind of stayed out of it. 0:02:53.360 --> 0:02:55.160 And I know I have friends that have made a 0:02:55.160 --> 0:02:57.560 lot of money doing it. It's not my thing. I'm 0:02:57.560 --> 0:02:59.640 not the biggest fan in Wall Street. I don't have 0:02:59.680 --> 0:03:02.760 a lot of exposure there, and it's just my own 0:03:02.800 --> 0:03:06.080 personal appetite. I think money is too hard to earn 0:03:06.120 --> 0:03:09.200 and save, and you know, my blue collar roots kick 0:03:09.280 --> 0:03:11.920 in every day and it's like, Okay, ding ding ding 0:03:12.000 --> 0:03:14.600 ding ding doesn't make sense, don't feel like getting involved, 0:03:14.919 --> 0:03:18.880 but watching this is fun. I mean, Wall Street's losing 0:03:18.880 --> 0:03:22.280 its mind. And so a lot of these hedge funds 0:03:22.360 --> 0:03:25.920 do something called they short sell a stock. In other words, 0:03:25.919 --> 0:03:29.200 they're betting that the stock price is going to go down. 0:03:29.240 --> 0:03:33.720 Now you might say that's a horrible thing. Actually my 0:03:33.840 --> 0:03:38.520 understanding is it's necessary for the balance of moneys and 0:03:38.640 --> 0:03:41.960 investments to go on in Wall Street. Okay, so it's 0:03:41.960 --> 0:03:44.360 the shortest stock you have to You don't own the stock. 0:03:44.400 --> 0:03:46.400 You have to borrow the stock. You pay the person 0:03:46.440 --> 0:03:48.240 that owns it. You borrow it, but you gotta pay 0:03:48.280 --> 0:03:50.960 it back. And you're betting the stock price goes down. 0:03:51.200 --> 0:03:53.200 If it goes down, you get paid the difference. And 0:03:53.240 --> 0:03:55.680 there are people making billions and billions of dollars, a 0:03:55.720 --> 0:03:58.040 lot of these big hedge funds making billions of dollars 0:03:58.040 --> 0:04:02.240 doing exactly that. Okay, get that part of it too. Now, 0:04:02.360 --> 0:04:05.920 there are people that are independent, and what they do 0:04:06.200 --> 0:04:09.560 is they they go on these other sites. I guess 0:04:09.560 --> 0:04:11.840 a merrit trade is probably one Reddit as one you 0:04:11.960 --> 0:04:16.520 probably have heard a lot about. And anyway, so you 0:04:16.600 --> 0:04:23.520 have investors not part of these massive, huge, big hedge funds. 0:04:24.200 --> 0:04:26.400 They start chatting it up, and a lot of them 0:04:26.520 --> 0:04:31.680 very cleverly, smartly figured out that a lot of the 0:04:31.720 --> 0:04:36.640 hedge funds were actually shorting stocks that didn't exist. In 0:04:36.640 --> 0:04:40.560 other words, you can't short stocks that aren't in existence. 0:04:41.080 --> 0:04:44.320 So in some cases they've figured out. And the one 0:04:44.360 --> 0:04:46.600 you probably heard the most about was game Stop or 0:04:46.680 --> 0:04:49.240 BlackBerry or you know, there's one other one that they've 0:04:49.279 --> 0:04:52.800 been all all gung ho about. It escapes me at 0:04:52.800 --> 0:04:54.920 the top of the moment. But anyway, so what they 0:04:55.000 --> 0:05:00.000 figured is, yeah, AMC, that's the one. So they figured out, oh, 0:05:00.040 --> 0:05:02.839 hang on a second, they're actually shorting stock at one 0:05:02.920 --> 0:05:04.680 hundred forty percent. In other words, you only have a 0:05:04.760 --> 0:05:07.880 hundred stock, they're shorting one hundred and forty. Well, the 0:05:07.920 --> 0:05:12.360 forty are don't even exist. So they gang together, they 0:05:12.400 --> 0:05:16.920 got together, a bunch of investors independence and they do it. 0:05:16.920 --> 0:05:19.120 It's smart for them if they're good at it. It's 0:05:19.160 --> 0:05:21.480 smart for them because they're not paying every time they 0:05:21.520 --> 0:05:23.840 buy and sell a stock. And a lot of people 0:05:23.880 --> 0:05:26.440 will buy a stock and they're watching it so closely 0:05:26.480 --> 0:05:29.200 it hits their price point. Boom they're selling it that second, 0:05:29.760 --> 0:05:31.880 and if you're good at it, you can actually make 0:05:31.920 --> 0:05:34.840 money at it. It's not my cup of tea. And 0:05:34.920 --> 0:05:37.080 so they figured out these big hedge funds had done 0:05:37.120 --> 0:05:42.000 this companies like Melvin Capital, and that they were hedge 0:05:42.160 --> 0:05:44.000 you know, that they were short stocking the limit. Now 0:05:44.040 --> 0:05:48.719 it's impacting other small companies. Long story short you see 0:05:49.040 --> 0:05:52.440 a stock that was worth five bucks a share recently, 0:05:53.080 --> 0:05:56.520 you know, I think today at one point, Linda correct 0:05:56.560 --> 0:05:58.520 me if I'm wrong, it was at like four hundred 0:05:58.520 --> 0:06:01.840 and eighty bucks. Yeah. Man, it's crazy. I mean, it's 0:06:01.880 --> 0:06:04.080 just it's so for me, it's kind of like David 0:06:04.120 --> 0:06:07.560 and Goliath. And I think there's a lot of resentment 0:06:07.560 --> 0:06:09.839 out there because a lot of the short selling that 0:06:09.920 --> 0:06:13.720 goes on for companies that aren't huge companies but are 0:06:13.800 --> 0:06:18.880 on the stock market on the exchange. This can have 0:06:18.920 --> 0:06:21.520 a negative impact to short selling. You know, if all 0:06:21.520 --> 0:06:23.600 these hedge funds are bett and you're gonna lose, you're 0:06:23.680 --> 0:06:27.680 going down, then it doesn't create the competence of the 0:06:27.680 --> 0:06:30.520 other people that buy into the stock market hoping their 0:06:30.600 --> 0:06:32.520 pick that they're going to actually go up and that 0:06:32.640 --> 0:06:36.360 they'll make money. And where it gets even more interesting 0:06:37.720 --> 0:06:41.960 is that now the government actually did there all of 0:06:42.000 --> 0:06:44.680 a sudden, these hedge funds they never want government regulation, 0:06:45.279 --> 0:06:48.239 these massive hedge funds. You know, they have the freedom 0:06:48.240 --> 0:06:51.039 to talk among themselves and trade tips and ideas and 0:06:51.600 --> 0:06:53.480 a lot of it. In the end, can kind of 0:06:53.720 --> 0:06:56.400 I would use the term in my term Layman's term. 0:06:56.160 --> 0:07:00.600 I'm not accusing anybody, kind of it seems pretty manipulative 0:07:00.640 --> 0:07:03.440 to the market to me. And then the stock prices 0:07:03.480 --> 0:07:06.960 of an innocent small guy gets driven down and that 0:07:07.120 --> 0:07:10.240 hurts their business. And then all of a sudden you 0:07:10.320 --> 0:07:14.840 have independence joining together, sharing information and making a decision 0:07:14.840 --> 0:07:17.000 that they're going to take on these guys. And now 0:07:17.000 --> 0:07:19.200 all of a sudden they want, you know, want to 0:07:19.240 --> 0:07:24.520 cry foul and bring in government regulators because a bunch 0:07:24.560 --> 0:07:26.920 of people that are pissed off at the hedge funds 0:07:26.960 --> 0:07:29.800 finally figured out a way and to get them back. 0:07:30.600 --> 0:07:33.000 I mean, it's pretty fascinating. And this Melvin one, I 0:07:33.000 --> 0:07:35.760 guess when under they got out of that industry. It's 0:07:35.800 --> 0:07:38.160 just interesting to watch. We'll talk Steve. I brought Steve 0:07:38.160 --> 0:07:40.880 Moore on the program today. He's coming on with us 0:07:40.920 --> 0:07:43.640 and he's gonna probably do a much better job explaining 0:07:43.640 --> 0:07:46.400 all of that to you. But it's kind of cool 0:07:46.480 --> 0:07:50.960 to watch and see. It. Just is my only advice 0:07:51.040 --> 0:07:54.000 on investing to any of you out there is money's 0:07:54.040 --> 0:07:57.920 hard to earn, hard to come by. I don't have 0:07:58.120 --> 0:08:00.400 a lot of faith, trust, hope in the market. It's 0:08:00.440 --> 0:08:05.040 not been my big indicator over the years of economic success. 0:08:05.080 --> 0:08:07.200 It certainly can be a big indicator in terms of 0:08:07.240 --> 0:08:09.840 the health of the economy, but there is this exuberance 0:08:09.920 --> 0:08:12.880 factor that can sometimes take over. I will say this, 0:08:12.920 --> 0:08:15.800 and nobody's really talking about there are going to be people, 0:08:15.840 --> 0:08:19.120 including those independents, that are going to get caught here 0:08:19.160 --> 0:08:21.680 and they're gonna lose money. And the money is going 0:08:21.760 --> 0:08:24.400 to be real, and it's going to be significant because 0:08:24.400 --> 0:08:28.480 these prices are going to come back down to normal anyway, 0:08:28.520 --> 0:08:32.240 So we'll get to that now. I find this pretty amazing. 0:08:32.320 --> 0:08:35.520 When liberals start attacking each other, you always got to 0:08:35.640 --> 0:08:38.040 stand back and don't get in a way, don't be 0:08:38.080 --> 0:08:41.760 the referee. Let it go on. And right now that's 0:08:41.800 --> 0:08:46.800 happening because the New York Times editorial board, they write 0:08:46.840 --> 0:08:51.400 this editorial piece criticizing Biden's executive orders now to be 0:08:51.559 --> 0:08:56.439 very straightforward. If you look at the executive orders under Biden, 0:08:57.640 --> 0:09:01.120 this guy has signed what thirty two executive orders in 0:09:01.160 --> 0:09:03.080 his first week. I think we're up to thirty three 0:09:03.120 --> 0:09:06.640 now total. And that number is more than triple the 0:09:06.760 --> 0:09:10.520 number of orders of the previous three presidents Bush, the 0:09:10.720 --> 0:09:16.760 forty three, Obama and Trump combined. It's another words, triple 0:09:16.840 --> 0:09:20.400 what they signed in their first weeks in office combined, 0:09:20.800 --> 0:09:23.720 according to the Federal Register. Now, the other side of 0:09:23.760 --> 0:09:27.240 this is Joe Biden was the one telling us that 0:09:27.280 --> 0:09:30.320 we're a democracy and not a dictatorship, and I gotta 0:09:30.360 --> 0:09:32.400 get the votes. How do I know he said it 0:09:32.640 --> 0:09:35.000 because I have the tape play it. I gotta get 0:09:35.000 --> 0:09:38.320 the votes. I gotta get the votes. That's why, you 0:09:38.360 --> 0:09:42.000 know the one thing, and I have this strange notion 0:09:42.760 --> 0:09:46.240 we are a democracy. Some of my Republican friends and 0:09:46.320 --> 0:09:49.280 some of my Democratic friends even occasionally say, well, if 0:09:49.320 --> 0:09:51.400 you can't get the votes by executive order, you're going 0:09:51.440 --> 0:09:54.160 to do something things that can't do by executive order 0:09:54.240 --> 0:09:57.480 unless you're a dictator. We're a democracy and we need consensus. 0:09:58.440 --> 0:10:01.840 So in the mildest of criticism the New York Times, 0:10:02.400 --> 0:10:05.439 you might want to ease up on the executive actions, Joe, 0:10:06.400 --> 0:10:09.439 and just for saying that they're now facing a backlash 0:10:09.480 --> 0:10:12.880 from the radical left. I mean, they just couldn't have 0:10:12.920 --> 0:10:17.360 been nicer or kinder in all of this. I mean, 0:10:17.400 --> 0:10:21.400 it's just maddening. I went back. I actually pulled the headlines, 0:10:22.080 --> 0:10:25.040 you know, from the New York Times this year impeached 0:10:25.120 --> 0:10:28.680 Trump again. Trump is to blame for the Capitol attack 0:10:28.800 --> 0:10:32.760 that's only recently when it first got into office. Donald 0:10:32.760 --> 0:10:39.120 Trump's Mexico tantrum, mister Trump's random insult to diplomacy, a 0:10:39.280 --> 0:10:43.800 troubled president, this is first month in office. The media 0:10:43.920 --> 0:10:48.600 is a satisfying target. Trump's threat to europe security, Trump's 0:10:48.640 --> 0:10:53.439 reckless shame game. I mean, that's been the entire coverage 0:10:54.000 --> 0:10:59.360 of the entire New York Times, every second, minute, hour 0:10:59.559 --> 0:11:02.520 of every day. And the New York Times says, yeah, 0:11:02.679 --> 0:11:06.200 you have tripled the amount of your three predecessors. You said, 0:11:06.720 --> 0:11:09.400 this is a democracy, not a dictatorship, and I need 0:11:09.440 --> 0:11:11.240 to get the votes. And you're not out there getting 0:11:11.240 --> 0:11:16.200 the votes, Joe. And that's a big problem. And on 0:11:16.320 --> 0:11:18.320 top of it all, you want to know, you wanted 0:11:18.280 --> 0:11:22.200 to find what elitism in America is just listen to 0:11:22.320 --> 0:11:26.679 Joe Biden and Kamala Harris and watch tens and tens 0:11:26.679 --> 0:11:31.680 of thousands of American families out of work, out of jobs, 0:11:31.720 --> 0:11:35.480 only to be lectured by the private jet flying owning 0:11:35.640 --> 0:11:39.240 John Kerry, we want going to get other jobs in 0:11:40.880 --> 0:11:44.200 the clean energy sector. Well, they're not going to be 0:11:44.240 --> 0:11:47.120 working next week, mister Kerry. And if you really cared 0:11:47.160 --> 0:11:50.319 about carbon footprints, you want to be this climate czar, 0:11:51.000 --> 0:11:53.800 maybe it's time for you to make a show by 0:11:53.880 --> 0:11:57.720 example and dismantle your private jet, not sell it. No, 0:11:57.840 --> 0:12:00.280 if you sell it, somebody else will be polluting the roment. 0:12:00.320 --> 0:12:02.719 They'll be leaving a big carbon footprint. No, no, no. 0:12:03.280 --> 0:12:06.679 If you're a really true blue and sincere tore the cause, 0:12:07.240 --> 0:12:09.040 I think you need to give it up. Also, I'd 0:12:09.040 --> 0:12:11.840 like to see a pledge from all these Cabinet secretaries 0:12:12.280 --> 0:12:16.000 because we the taxpayers. You may not know this, we 0:12:16.080 --> 0:12:19.680 actually put the bill for entire fleets of private jets 0:12:19.960 --> 0:12:22.560 so that all of these cabinet members can fly around 0:12:22.600 --> 0:12:25.240 wherever they need to go, whenever they want to go somewhere. 0:12:25.640 --> 0:12:28.920 Speaker Pelosi flew on a private jet when she's Speaker 0:12:28.960 --> 0:12:31.600 of the House. Remember that little controversy they came up. 0:12:32.280 --> 0:12:34.640 I mean, then you got Pete Buddha Judge, a man 0:12:34.840 --> 0:12:38.720 full of so much of life's experience, lecturing people we 0:12:38.760 --> 0:12:42.920 want you to get other good union jobs. Well, it's 0:12:43.040 --> 0:12:45.160 nice to say, but the guys with the good union 0:12:45.240 --> 0:12:47.480 jobs that got their pink slips, how are they going 0:12:47.559 --> 0:12:50.600 to pay the mortgage, the rent, their car, their truck payment, 0:12:51.200 --> 0:12:52.920 how are they going to fund their healthcare? And what 0:12:52.960 --> 0:12:54.640 are they going to do for their retirement and the 0:12:54.760 --> 0:12:59.480 kids education fund? Because they're not working with your callous statement. 0:13:00.080 --> 0:13:02.679 And the only one that was halfway honest about it, yeah, 0:13:02.720 --> 0:13:06.520 we're gonna have to sacrifice some jobs was Grant Jennifer Granhall. 0:13:06.960 --> 0:13:09.160 At least she was a little honest about it. But 0:13:09.200 --> 0:13:11.160 they're trying to say, no, we're getting other green new 0:13:11.240 --> 0:13:13.640 jobs to people that got pink slips. They're out of work. 0:13:14.559 --> 0:13:18.120 They're not getting a paycheck anymore, they don't have money 0:13:18.160 --> 0:13:21.120 to pay. You know, the unemployments not gonna cut it. 0:13:21.200 --> 0:13:26.040 It's tiny percentage of their income. But with a callousness 0:13:26.040 --> 0:13:30.320 and a heartlessness I've never seen, and stupidity on top 0:13:30.360 --> 0:13:33.000 of it. Now we're gonna be dependent on the lifeblood 0:13:33.040 --> 0:13:36.320 of the world's economy. Oh, we're gonna make China rich again. 0:13:36.400 --> 0:13:39.000 They hate us. We're gonna make Middle Eastern countries that 0:13:39.040 --> 0:13:42.319 hate US rich again. Hostile regimes like China, Russia or 0:13:42.400 --> 0:13:45.199 ran they're all gonna be getting rich because we have 0:13:45.440 --> 0:13:49.240 artificially reduced the supply, which will increase the price, which 0:13:49.280 --> 0:13:52.160 means it's bad for national security, and it's also bad 0:13:52.200 --> 0:13:55.079 for our gas tanks. And we'll be paying higher prices 0:13:55.120 --> 0:13:58.240 at the pump and higher eating bills. Oh so much 0:13:58.240 --> 0:14:00.720 for caring about we the people. All right, eight hundred 0:14:00.760 --> 0:14:03.280 time for one sean tell free number. I know a 0:14:03.320 --> 0:14:05.680 lot of the you ask what are we gonna do? 0:14:05.720 --> 0:14:08.520 What can we do? What can we do? The single 0:14:08.559 --> 0:14:12.360 best thing you gotta do now is stay engaged most 0:14:12.440 --> 0:14:15.480 and I'll tell you also at the local level, you're 0:14:15.520 --> 0:14:18.360 gonna see attorneys general, like in the case of Texas, 0:14:18.760 --> 0:14:22.840 they stopped the Biden executive order on immigration. They were successful. 0:14:23.720 --> 0:14:26.800 One thing the President Trump did that his predecessor Barack 0:14:26.800 --> 0:14:29.840 Obama did not do, is he filled all these vacancies 0:14:29.880 --> 0:14:33.600 on the court, apparently with very young people, meaning they're 0:14:33.600 --> 0:14:35.400 going to be there for a long time, at least 0:14:35.400 --> 0:14:39.040 assuming they'll be there a long time. And it's also 0:14:39.120 --> 0:14:44.280 going to be the things, for example, election integrity confidence 0:14:44.320 --> 0:14:50.040 for your state. That's a state legislator's role. If Pennsylvania's 0:14:51.280 --> 0:14:54.720 creating laws that violate their own constitution, they need to 0:14:54.800 --> 0:15:00.000 resolve that. If Wisconsin and Michigan don't allow mail and vote, 0:15:00.200 --> 0:15:03.640 they need to resolve the issue before the next election. 0:15:03.680 --> 0:15:06.040 And the time to start talking about it is not 0:15:06.640 --> 0:15:09.640 during the next election. They got to do it now, 0:15:09.800 --> 0:15:13.720 as the Supreme Court Justice Chief Justice said and stinging rebuke. 0:15:13.800 --> 0:15:16.280 Unless we have the courage to face this and change 0:15:16.320 --> 0:15:18.280 this and deal with this, it's just going to keep happening. 0:15:18.280 --> 0:15:22.600 Issues will happen, and Georgia signature verification issues and all 0:15:22.600 --> 0:15:25.120 the things that we had discussed at the time. Now 0:15:25.240 --> 0:15:29.480 is the time to be communicating with them. And also 0:15:30.320 --> 0:15:34.360 I'm telling they're overreaching so far, so fast, and just 0:15:34.440 --> 0:15:38.400 bypassing norms reconciliation to push budgets. We're going to pack 0:15:38.440 --> 0:15:41.680 the courts. We'll have a commission. It's all happening twenty 0:15:41.680 --> 0:15:44.360 five till the top of the hour. Joe Biden's war 0:15:44.800 --> 0:15:48.920 on hard working men and women and jobs in America, 0:15:49.200 --> 0:15:53.880 that's exactly what it is, you know, canceling Keystone XEL pipeline. 0:15:55.000 --> 0:16:00.840 That's eleven thousand jobs, mostly for union workers. Biden ordering 0:16:00.880 --> 0:16:05.680 a sixty days suspension of new drilling permits on US 0:16:05.760 --> 0:16:11.200 lands and water for to allow review for the impact. 0:16:12.280 --> 0:16:15.720 These are real, high paying career jobs. Now, the American 0:16:15.760 --> 0:16:19.120 Petroleum Institute, their estimate is the drilling man will cost 0:16:19.160 --> 0:16:21.960 the US to economy and all said and done, seven 0:16:22.040 --> 0:16:26.000 hundred billion dollars and kill nearly a million jobs by 0:16:26.040 --> 0:16:30.040 the end of the next year. They can't back that up. Okay, 0:16:30.080 --> 0:16:34.240 if one job is lost here, there's tens and tens 0:16:34.240 --> 0:16:37.600 of thousands we know that are going to happen. Surrounding 0:16:37.680 --> 0:16:41.800 businesses will be impacted greatly as well. What needs to 0:16:41.840 --> 0:16:45.480 be done that would be And by the way, John 0:16:45.520 --> 0:16:48.440 Kerry even admitted to taking the US to zero carbon 0:16:48.440 --> 0:16:52.680 admissions tomorrow, you know, rather than twenty fifty wait, wouldn't 0:16:52.720 --> 0:16:56.640 even remotely stop climate change. They get back in the 0:16:56.680 --> 0:17:00.640 Paris Climate Accords. And what happens, Well, China's recognized as 0:17:00.640 --> 0:17:04.840 a developing nation. They're not paying the price we are India, 0:17:04.960 --> 0:17:10.280 same thing. Other quotes still developing nations. You know, excuse me, 0:17:10.359 --> 0:17:12.840 maybe maybe you ought to persuade them to do it 0:17:12.960 --> 0:17:17.000 first before we sign on to something that's stupid. This 0:17:17.080 --> 0:17:21.680 isn't America first anymore. Tell you that Russia does great 0:17:21.720 --> 0:17:25.800 under these new deals, these executive orders. Same with Iran, 0:17:25.960 --> 0:17:29.760 same Middle Eastern countries, many of which hate US. China 0:17:29.840 --> 0:17:34.760 does great in this too. The American taxpayer filling up 0:17:34.760 --> 0:17:37.520 a gas tank, peating your home. You're all going to 0:17:37.600 --> 0:17:41.280 pay more. And we see the Biden administration paused armsels 0:17:41.320 --> 0:17:45.240 to the UAE and Saudi Arabia. What because they made 0:17:45.400 --> 0:17:48.240 a piece alliance with Israel. And we saw what happened 0:17:48.280 --> 0:17:51.440 on day one with the Twitter handle of the Israeli 0:17:51.480 --> 0:17:56.879 ambassador people asking what we can do well. The Texas A. G. Paxton, 0:17:57.800 --> 0:18:01.080 you know, he literally discussed the federal judge's decision to 0:18:01.240 --> 0:18:05.399 order this temporary hold on Biden's one hundred day deportation freeze. 0:18:06.280 --> 0:18:08.480 This is what attorneys general ought to be doing all 0:18:08.480 --> 0:18:12.199 over the country. We brought the lawsuit. We had an 0:18:12.240 --> 0:18:15.440 agreement with Texas and Homeland Security they wouldn't make any 0:18:15.480 --> 0:18:20.000 major shifts in immigration without giving us sufficient notice to adjust. 0:18:20.800 --> 0:18:25.239 Federal law specifically requires deportations take place if people are 0:18:25.280 --> 0:18:29.760 here illegally, So Joe Biden is ignoring the law what's 0:18:29.760 --> 0:18:35.040 been passed by another branch of Congress. That would be unconstitutional. 0:18:35.680 --> 0:18:39.080 You don't take on the role of the legislative branch 0:18:39.119 --> 0:18:42.600 with through executive fiat. And that message needs to be 0:18:42.640 --> 0:18:48.040 sent by other attorneys generals. Group of Red state attorney 0:18:48.080 --> 0:18:51.840 generals have now served notice on the Biden administration on 0:18:51.920 --> 0:18:56.160 these executive orders. Remember President Trump signed just six during 0:18:56.160 --> 0:19:00.560 the same period Obama five, more than three times of 0:19:00.640 --> 0:19:06.439 the prior three presidents. Pretty unbelievable to me, you know. 0:19:06.480 --> 0:19:08.600 And then you look at not only the two trillion 0:19:08.640 --> 0:19:12.040 dollars beginning price tag for this new Green Deal madness. 0:19:12.400 --> 0:19:16.880 We got celebrities Joe Biden loves. They're lobbying for twenty 0:19:16.920 --> 0:19:20.680 four hundred dollars per month, a marshal plan for moms payments, 0:19:20.680 --> 0:19:24.280 now already given two thousand dollars relief for COVID, on 0:19:24.320 --> 0:19:28.159 top of other moneies that have been rightly appropriately necessary, 0:19:28.280 --> 0:19:32.960 needed and already gone out and anyway suggesting, and they 0:19:33.000 --> 0:19:35.879 go on to say that the federal government should be 0:19:35.920 --> 0:19:39.560 paying moms and by the way, hard hard work. No 0:19:39.560 --> 0:19:44.320 one's disagreeing for their unseen, unpaid labor, comparing it to 0:19:44.400 --> 0:19:48.640 the Marshal Plan in nineteen forty eight that gave European 0:19:48.680 --> 0:19:53.800 countries financial help after they were devastated after World War Two. Okay, 0:19:53.840 --> 0:19:57.520 how much is that going to cost? Congressman Castro at 0:19:57.520 --> 0:20:01.440 Texas is urging Biden to allow doctor recipients to get 0:20:01.480 --> 0:20:07.960 healthcare coverage, and who's gonna pay for that? Any illegal 0:20:07.960 --> 0:20:10.280 immigrants are going to get healthcare coverage, who's gonna pay 0:20:10.320 --> 0:20:14.399 for that too? Democrats plan to fight child poverty. That 0:20:14.560 --> 0:20:20.639 I was suggesting monthly cash payment for children. Okay. A 0:20:20.920 --> 0:20:24.560 plan says that drafting a proposal to expand and transform 0:20:24.640 --> 0:20:27.679 the longstanding tax credit per children, normally taken once a 0:20:27.760 --> 0:20:31.680 year at tax time, into a monthly payment two hundred 0:20:31.680 --> 0:20:34.760 and fifty bucks a month per child, three hundred bucks 0:20:34.880 --> 0:20:38.000 a month per kid under eight six. Okay, it's like 0:20:38.040 --> 0:20:41.600 an allowance for children. I mean it all sounds great. 0:20:42.359 --> 0:20:45.160 Socialism is great until you run out of other people's money. 0:20:45.680 --> 0:20:50.280 Margaret Thatcher famously warned Democrats are always generous with other 0:20:50.280 --> 0:20:54.680 people's money. And of course, rolling back abortion rules, that's 0:20:54.720 --> 0:20:59.359 standard procedure for liberal Democrats. But solar jobs it's a 0:20:59.400 --> 0:21:02.280 better choice for workers. I don't don't worry you'll be 0:21:02.320 --> 0:21:05.280 out of work, but you're helping the environment grant home 0:21:05.320 --> 0:21:08.280 even suggesting that that's going to happen. I mean, you know, 0:21:08.520 --> 0:21:12.400 you got tens of thousands of jobs destroyed. Our reliance 0:21:12.440 --> 0:21:14.800 on foreign energy now will be going through the roof, 0:21:15.320 --> 0:21:19.040 and that's not good for national security. Gas prices will 0:21:19.080 --> 0:21:23.160 be higher, home heating prices will be higher. What else 0:21:23.160 --> 0:21:25.959 do we see troops forced to sleep in parking garages, 0:21:27.880 --> 0:21:32.920 ramping up tensions in the Middle East? Again unbelievable. Well, 0:21:32.920 --> 0:21:36.040 we're upset. Donald Trump set out a tweet told people 0:21:36.040 --> 0:21:39.119 to peacefully and patriotically let their voices be heard at 0:21:39.119 --> 0:21:42.520 the Capitol and have that. That's our first order of business. 0:21:42.960 --> 0:21:47.040 An The lawsuit filed is challenging Biden's public land leasing 0:21:47.119 --> 0:21:53.119 ban thirty three point five billion lost GDP in the 0:21:53.200 --> 0:21:56.760 first term across eight states that was put together by 0:21:56.760 --> 0:22:01.400 the Western Energy Alliance. These are people that know their industry. 0:22:02.119 --> 0:22:08.399 Governor Insley Washington actually suggesting climate moves costing jobs, Well, 0:22:08.680 --> 0:22:11.439 you don't want to shackle kids to deadweight of jobs 0:22:11.440 --> 0:22:13.320 that won't exist in the future. We're doing you a 0:22:13.359 --> 0:22:15.480 favor by getting rid of your one hundred thousand dollars 0:22:15.480 --> 0:22:20.640 a year career. Hunger is on the rise in America. 0:22:20.720 --> 0:22:26.479 Maybe instead of a predetermined conclusion on impeachment, maybe they 0:22:26.480 --> 0:22:28.960 can focus on that because you have more American people 0:22:29.040 --> 0:22:30.960 lining up for food. I know for a fact in 0:22:31.040 --> 0:22:35.080 my own my own town, I have friends working in 0:22:35.119 --> 0:22:38.760 the food pantry. Try to help them out too. Anyway, 0:22:39.320 --> 0:22:42.280 now you have people that have been again COVID related 0:22:44.080 --> 0:22:46.800 eight hundred nine for one Shawn. Then the you know, 0:22:46.840 --> 0:22:50.880 the Biden's Commerce secretary nominee. Yeah, we're gonna raise taxes. 0:22:50.720 --> 0:22:55.440 This commerce secretary nominee. Guess what, Rhode Island was ranked 0:22:55.440 --> 0:22:57.960 one of the worst states in the country for business. 0:22:58.440 --> 0:23:01.480 In other words, the Biden come secretary nominee ran the 0:23:01.840 --> 0:23:06.200 ran the state ranked worse for commerce. Good grief. Another 0:23:06.280 --> 0:23:10.760 brilliant choice, at least at least the individual involved here 0:23:11.400 --> 0:23:15.720 was Her name is Gina u Ryannamando. I think is 0:23:15.720 --> 0:23:18.960 how you pronounce it anyway? You know her state was 0:23:19.520 --> 0:23:22.440 best and worst states to start a business. Yeah, they're 0:23:22.520 --> 0:23:26.439 forty eighth for the worst state. Wipsie Daisy. It's not 0:23:26.480 --> 0:23:28.920 gonna help commerce, But admitting that middle class are gonna 0:23:28.920 --> 0:23:31.760 have to pay taxes. Yeah, it's a sacrifice. We're all 0:23:31.760 --> 0:23:36.240 gonna be sacrificing now. And Hunter Biden, by the way, 0:23:36.280 --> 0:23:38.600 continues to hold the stake. I saw this in the 0:23:38.680 --> 0:23:43.040 Daily Caller and Chinese private equity firm according to records, 0:23:44.200 --> 0:23:47.360 and despite reports that he was planning to divest, apparently 0:23:47.359 --> 0:23:52.080