September 15, 2024 • 31 mins
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Speaker 1 (00:00):
This morning is a very interesting day. And the reason
why I say that is because the White House they're
having some problems. They're having some pretty serious problems this
morning because their economic data is the opposite of what
they claimed yesterday at a White House press conference. They're
(00:23):
now getting called out for it. It's bad, and they
are also trying to figure out how they got it
so wrong. Now, let me explain a little bit more
about this so you understand. So there's data that's come out.
Wall Street reacted, it wasn't great. White House apparently either
had bad data or didn't realize that the data was
(00:47):
coming out at the White House. And so now they're
trying to figure out how to undo a mess that
they made. And it looks like they were, when I say,
asleep at the wheel, like they just missed an entire
the report that they're on, like they're in charge of it, okay,
Like like this is insane.
Speaker 2 (01:09):
It really is. Now.
Speaker 1 (01:11):
Top White House energy advisor went on TV today and
he said that there is nothing that your AC costs
have to do with oil production, Okay, And he's getting
ripped this morning because the cost of energy, the cost
(01:33):
of electricity, the cost of heating your home very much
is connected to energy prices. And he's getting ripped on
for saying what he said this morning because it's also
seems that he missed the same report and is asleep
at the wheel. And there's a concerning aspect of this.
(01:56):
There's there's a laughable aspect of it, and you're laughing,
you're just like, God, these guys are idiots. But there's
also a very concerning aspect of this. And the concerning
aspect of this is the fact that it's like, Okay,
so let me get this straight. You guys don't know
what's going on. We clearly have no idea who's running
(02:18):
the country. Like that's one thing that I think is
a like blatantly obvious. We have no idea who's running
the country. And then you guys aren't even up to
date on your own intel, your own intel. You don't
know what's going on. You guys have no clue what's
(02:38):
happening with your own intel.
Speaker 2 (02:40):
And this is like a political thing.
Speaker 1 (02:45):
This is an actual government report from the White House
that you're somehow unaware of. How does that even happen
when you don't have a sitting president, When it's just
a fake government, and I guess no one knows who's
in charge. The wheels are now starting to come off,
(03:06):
especially since they don't have to fake it as well
anymore because he's no longer the candidate, right, Like, I
don't believe this would have happened if Joe Biden was
still the candidate, and now that he's not, I think
everybody else kind of like it seems like they're like,
all right, we're just going to check out, like we're
going to coast. He's on vacation every week. Maybe we
(03:27):
should just be on vacation every week. So this government
report comes out, they're all flat footed, right, they all
have no idea what's actually happening and what's going on,
and then they start trying to figure out how to
fake it because they don't understand that the report that
they were supposed to have is a report that they're
actually supposed to be like reporting to the people, like
(03:50):
they're supposed to be telling us this is what's going on,
and they're being asked about the report from the actual media.
Speaker 2 (03:57):
It is totally insane.
Speaker 1 (04:01):
It is completely insane that this is the scenario right now,
But this is now what the country looks like when
you have a guy that's been a fake president for
a long time and now apparently have no clue who
the president actually is. White House Energy advisor on Trump's
(04:21):
plan to drop energy prices. Here is his response on
CNBC listened this morning.
Speaker 3 (04:27):
Moment, and I wanted to ask you about this former
President Trump saying that he believes that he could have
energy prices if he wins reelection. He says, quote, you're
heating and air conditioning, electricity, gasoline, all can be cut
down in half. He said this at a Michigan rally
last month, saying that he would declare what he calls
a quote national emergency to increase fossil fuel supply and
(04:49):
decrease prices.
Speaker 2 (04:52):
What do you think of that?
Speaker 4 (04:54):
Honestly, I have no idea what he's referring to. We
have oil production is significantly higher than it was under
his administration. It's full two million barrels higher than it
was where we took office at thirteen and a half million.
But as you know, your air conditioning costs have nothing
to do with oil production. There electricity, which is not oil.
In the United States, natural gas was at ninety two
(05:17):
bcf a day it's today at one hundred and three
bcf a day, so a significant increase in gas production.
Speaker 5 (05:24):
With the largest LNG exporter.
Speaker 4 (05:26):
We'd probably be exporting a little less if demand for
gas was there.
Speaker 5 (05:29):
It's just not there.
Speaker 4 (05:30):
And not only that, we've added one hundred gigawatts of
clean energy over the last few years. So what really
brings down the cost of electricity and cost for families
is won the gasoline that's already down, the cost for
natural gas we're producing as much as we've ever have,
and the availability of cheap clean energy, and that's also
(05:53):
rising dramatically.
Speaker 5 (05:55):
So the only thing that is in.
Speaker 1 (05:56):
Let me just say pause there is do any of
you guys like you're getting cheap energy because the Biden administration?
And again this guy's winging it. He obviously is like
completely caught. This is like going into a math test,
I think, and and then all of a sudden it's
a history test, and you're like, wait, what what am
I doing here?
Speaker 2 (06:17):
Wait? Where did this come from? Wait?
Speaker 1 (06:18):
I didn't know this was outweight? I was I was
completely flat footed. Wait, I have no idea what you're
talking about. I gotta wing this. I got a wing
this Like in a major way. How did this happen, Like, like,
when did all this happen? When did all this come out?
That that's what he's doing right now. And so he
just said that there is an abundance of really cheap energy. Okay,
(06:41):
how many of you are impressed with your with your
utility bill.
Speaker 2 (06:45):
I'm not.
Speaker 1 (06:46):
I'm paying more now for my utilities than I've ever had.
I'm the I'm the crazy old dad that's walking around
the house, you know, you know, yelling at the kids.
Speaker 2 (06:53):
Turn off the lights when you leave the room, turn
off the lights when you leave the room. Like that's me.
Speaker 1 (06:58):
That's how expensive it's gotten that I mean, And I
think I'm probably not the only one. When I go
put gas in my car, I'm not seeing some amazing price, Like, man,
this is awesome. Like I remember when Trump was in office,
I actually kind of look forward to filling up my
car because it.
Speaker 2 (07:12):
Was so cheap.
Speaker 1 (07:13):
You're like, this is great, dude, this is half price
from what I was paying for on Obama. I mean,
I remember that compare and contrast moments. And so the
White House guys just told you there's an abundance of clean, cheap,
renewable energy like, where do I find this at Walmart?
I'm being sarcastic. You can obviously buy energy at Walmart,
(07:36):
but keep listening.
Speaker 4 (07:37):
Down the costs for natural gas. We're producing as much
as we've ever have, and the availability of cheap, clean energy,
and that's also rising dramatically.
Speaker 5 (07:48):
So the only thing that.
Speaker 4 (07:49):
Is energy Emergency would do would probably increase costs on
American families because it would take away all the incentives
for investments and things like nuclear energy, infusion and renewable energy,
which is actually bringing help to bring costs down. That's
what the energy transition needs to be. It needs to
be continued fossil fuels for as long as we need
(08:10):
them and bringing on clean energy that is cheaper as
we need for the future. And we definitely want the
private sector to invest in nuclear power, which is both
clean and efficient, but it needs the incentives from the
government to be able to grow.
Speaker 1 (08:25):
I mean, this may be the most awkward interview I've
ever seen five three five nine seven three two. When
I woke up this morning and I was looking at this,
I started laughing, like, I've never seen an administration so
unprepared on a basic report.
Speaker 2 (08:42):
In my entire life. And it is. It is.
Speaker 1 (08:44):
It's laughable, but it's incredibly concerning. Like I want to know, actually, now,
who really is running the country. We know it's not
Joe Biden, but who's running the country now? Who is
the president? If the you know what hits the fan,
who's running the country. Dick Cheney, as you know, angry
that his daughter got run out of Congress, trying to
(09:06):
get a little revenge on the maggot movement Donald Trump
saying he's voting for Kamala Harris, which is just embarrassing.
We've talked about that on this show before and what
a sellout that is. But I also want to go
back and just remind you of just how petty Dick
Cheney is in this endorsement compared to the history behind
(09:28):
all of this.
Speaker 2 (09:29):
I've got to montage for you. Take a listen.
Speaker 6 (09:31):
I actually have the endorsement of former Vice President Dick Cheney,
Dick Cheney and Satan.
Speaker 5 (09:38):
That's next time the Sith Lord is.
Speaker 2 (09:40):
Back like a demon, it rises again.
Speaker 5 (09:42):
Dick Cheney, Darth Vader, Satan. Thank you to.
Speaker 7 (09:46):
Satan forgive him the inspiration on how to play this role.
Speaker 5 (09:50):
We don't need Dick Cheney Dick Cheney was Jane dangerous.
That only thing, the only thing you got to do
is just embtter than Dick Chane. I like to see
Dick Cheney do exposed. He's a liar.
Speaker 6 (10:00):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 7 (10:05):
You're part of the Dick Cheney cult that led to
hundreds of thousands of innocent Iraqis being killed because the
cult you were in.
Speaker 8 (10:13):
Chaney dishonestly made up the idea that had nuclear weapon.
Speaker 5 (10:16):
Just lied. Why do they want these wars?
Speaker 8 (10:18):
What is it that they don't like somebody because they
don't like.
Speaker 5 (10:21):
The look of their face?
Speaker 1 (10:21):
Relevant national embarrassments Dick Cheney and Liz Cheney.
Speaker 4 (10:26):
I'm not remember Dick Cheney driving over to the CIA
to look over their shoulders to make sure they gave
him the intel that he wanted so as to justify
the Iraq war.
Speaker 6 (10:36):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 3 (10:40):
No apologies, no regrets from former Vice President Dick Cheney
for the harsh CIA interrogation techniques.
Speaker 5 (10:47):
Under Dick Cheney's tutelage. We got the photographs at albil Gray, the.
Speaker 9 (10:51):
Former vice president at one point signing a waterboard.
Speaker 5 (10:55):
Kit Cheney, of course unrepentant. You know what to go to,
go to hell.
Speaker 1 (10:59):
I want to talk about a man rotten to his
very core, which is in itself a tiny black hole
from which no joy or like can escape. The ancient
Coptics knew this man, ash.
Speaker 4 (11:09):
Deck, the dark one, the jagged tooth, foris demon who
steals our children.
Speaker 2 (11:13):
We know him as former Vice President Dicklara.
Speaker 6 (11:16):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 9 (11:21):
What do you think of Dick Cheney, and people would say, well,
I hate everything he stands for. I am someone fundamentally
opposed to the politics of Liz Cheney and her father,
Dick Cheney.
Speaker 5 (11:30):
I literally started.
Speaker 9 (11:31):
Writing books in the first place more than a decade ago,
because I had so much to get off my chest
about what I thought was wrong with the Cheney family
approach to Warren foreign policy. That first book I ever
wrote is literally dedicated to him.
Speaker 5 (11:45):
Dick Cheney. Profoundly dangerous. Cheney, I think was arrested twice.
An master manipulator like Dick Cheney. You're willing to say anything.
Speaker 10 (11:54):
And now is the cascade of misery and death and chaos.
He did so much to unleash rages anew Mister Cheney,
he has the unadulterated gall to come before the country
and tell us that it's all someone else's fault. You
said there was no doubt Saddam Hussein had weapons of
mass destruction. You said we would be greeted as liberators.
You said the Iraq insurgency was in the last throws
(12:15):
back in two thousand and five. And you said that
after our intervention, extremists would have to quote rethink their
strategy of jihad. Now, with almost a trillion dollars spent there,
with forty five hundred American lives lost there, what do
you say to those who say you were so wrong
about so much at the expense of so many.
Speaker 5 (12:36):
No, I just fundamentally disagree with Reagan Megan.
Speaker 6 (12:39):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 3 (12:43):
Jany's the guy who told those guys the line in
the first place.
Speaker 5 (12:46):
You're more Honessidor.
Speaker 11 (12:47):
Wilson wrote an op ed titled What I Didn't Find
in Africa that exposed VI President Cheney's use a false
information to sell us a war in Iraq. A week
after Wilson's op ed was published, his wife, Valerie Plain
was outed as a covert CIA agent.
Speaker 2 (13:04):
All we did was.
Speaker 7 (13:05):
Out a ciaaed the criminal proclivity, power grab mentality of
Dick Cheney.
Speaker 5 (13:11):
And they twisted that intelligence.
Speaker 2 (13:13):
I did not.
Speaker 5 (13:13):
Believe what Dick Cheney have to say. I thought that
they were lying.
Speaker 4 (13:16):
Vice President Dick Cheney accidentally.
Speaker 5 (13:19):
Shot a man.
Speaker 3 (13:20):
Vice President Cheney's been the most dangerous vice president we've had,
probably in American history.
Speaker 6 (13:24):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 1 (13:30):
It's just so much fun to go back and remind
people of these scumbags. Now they love Dick Cheney because
Dick Cheney is angry about his daughter getting run out
of Congress and he's like, I'm voting for Kama Harris,
screw Donald Trump and Maga who got rid of her.
And now they're like, yeah, I got Dick Cheney's endorsement. Wait,
I thought you guys hated Dick Cheney. What happened last
(13:53):
Sun checked? You hated Dick Cheney. I mean hated Dick
Cheney on a whole nother He was Satan And people
wonder why I don't trust Democrats because as soon as
you're useful again, after they call you Satan darth Vader,
the list goes.
Speaker 2 (14:11):
On and on.
Speaker 1 (14:12):
They're all back in. They're like, all right, we're good. Now,
let's do it again. Like I like, forget all that,
let's go. We're good, We're ready. Come on five three
five nine seven three two five three five nine seven
three two eight hundred number one, eight hundred four seven
four nine seven three two one eight hundred four seven
four nine seven three two. Ben Ferguson show, We're gonna
(14:35):
get some of your phone calls in here. Your reaction
to that, it is, I mean, if you care about
like just integrity at all, like a little bit, like
not a lot, just a little bit, if you don't,
if that doesn't bother you listening to that, that this
is like just how how willing and ready they are
just to throw all of their values out the window.
(14:57):
Like this guy's Satan. We've been telling you for twenty years.
Oh wait, he likes us. Now, Oh let's endorse that guy.
Let's go. Oh I didn't, I mean, well this could
help us? Oh well then I this hurts Republicans. Let's
take his endorsement. If you guys, if you think a
guy is is Satan and Satan wants to.
Speaker 2 (15:16):
Endorse you, I don't want the endorsement.
Speaker 1 (15:18):
But come here. He's like, no, no, this is good. Democrats
are like, no, no, this is this is good. Let's
do this. Let's let's have this moment. Let's knock this
one out of the park.
Speaker 2 (15:31):
Baby.
Speaker 1 (15:32):
I actually have the endorsement of Dick Cheney. I know
I told you was Satan. I know, I know I
said he was Satan, but he's really not Satan. We
were just playing that up when he was on the
other side, But now that he's endorsing me, he's not Satan.
Like like, let's just let's just delete all of that.
It never really happened.
Speaker 2 (15:51):
We're good.
Speaker 1 (15:52):
Jd Vance this morning going on CNBC and he had
a lot to say on CNBC. Here's part one of
what he said moments ago joining us.
Speaker 8 (16:01):
Now Ohio, great state of Ohio, Senator jd Vance, We
grew up well long before you grew up. I grew
up in a part of Sance. Now you're from Middletown
and you've been on the show before.
Speaker 5 (16:14):
Senator's been with Steve Case.
Speaker 8 (16:16):
It's when you involved with that, and I think for
Hillbilly elogy, I don't know if it was.
Speaker 5 (16:21):
A book to or what.
Speaker 8 (16:22):
But so we've met before, great to have you on.
Speaker 5 (16:25):
I want to struggling how to start.
Speaker 8 (16:27):
We could do a post mortem on the debate, but
because we're so interested in trying to get into your
economic beliefs, given that, as we now know, people's economic
beliefs can evolve, as we've seen maybe from you know,
for a President Trump's opponent. But I'm wondering whether yours
have evolved, because then we'll get into some of the
(16:49):
things you said in the past. And is there how
much daylight right now? Is there between what you believe
as what I call you an economic populace? Is there
daylight between you and President right now?
Speaker 5 (17:01):
No? I don't think so.
Speaker 7 (17:01):
I mean, look, obviously he selected me as his running mate,
and I'm trying to run to implement and win on
the Trump agenda. But I think that President Trump's economic
views are actually pretty straightforward American conservatism, which is, we
need to manufacture things in this country. We need common
sense energy and regulatory policies to be able to make things,
and the best way to lift up workers is to
promote good jobs and good wages, not to just throw
(17:23):
everybody on welfare, which I think is in some ways
the main thrust of the Kamahayer's economic policy. So there's
definitely some element of populism to it, because look, I
do think.
Speaker 5 (17:32):
That for thirty years in this country, we.
Speaker 7 (17:34):
Shift a lot of good manufacturing jobs to places like
East Asia. Now China makes some of the critical things
that we need, antibiotics, prescription drugs, even god forbid, the
weapons that our troops would need if we went to war.
Speaker 5 (17:45):
Against a nation like China.
Speaker 7 (17:47):
So we have to be a little bit smarter about
our own self reliance as a nation. That is one
departure I think between President Trump's vision and frankly thirty
forty years of failed leadership in this country.
Speaker 1 (17:58):
Great opening for him, by the way, talking about this,
he then moved on to talk about trade.
Speaker 8 (18:05):
A lot of what I think of a populism, though
it seems like it's almost diametrically opposed to certain aspects
of capitalism.
Speaker 5 (18:13):
And there are certain groups and I.
Speaker 8 (18:14):
Don't even want to mention the name of it, but
they claim you as a strict adherent to populism.
Speaker 5 (18:21):
I don't know if you know the group I'm talking about.
Speaker 8 (18:23):
You have said we should raise corporate taxes in the past.
If the president the former president wants to cut the
twenty one percent right down of fifteen, I think you
said twenty eight or even higher, that these big corporations
deserve that.
Speaker 7 (18:36):
Well, what I said is that we need to lower
taxes on corporations that are creating jobs in this country
and raise tariffs on corporations that are shipping jobs overseas
and manufacturing overseas. Look, if you're trying to take advantage
of Chinese slave labor and then use American markets to
make a profit on your product, I do think and
I know Donald Trump thinks that we should try to
(18:56):
penalize these companies. But we want companies that are investing
in America, hiring America, and creating good American jobs to thrive.
But we have to recognize there is a fundamental difference
between a national corporation that's creating good jobs in this
country and a foreign corporation that's benefiting from Chinese.
Speaker 8 (19:12):
Second Industrial policy that the Democrats get criticized fule, Oh no.
Speaker 5 (19:16):
It's not.
Speaker 7 (19:16):
Look whatever you want to call it, man, The problem
is Look, Chinese slaves making two dollars a day, if
you know, and they get caned working seventy two hours
a week, if they want to work seventy hours a
week instead, you want to allow American manufacturers to benefit
from that cheap labor.
Speaker 5 (19:33):
Not only is it going to destroy.
Speaker 7 (19:34):
Good American jobs and wages, it's going to decimate our
core manufacturing industry, which I think makes us less productive
over time. The final and most important point is it
makes us reliant on foreign nations to make.
Speaker 5 (19:45):
Some of our critical stuff.
Speaker 7 (19:46):
Now, Donald Trump does believe in trade, and I believe
in trade, but we believe in trade that's actually going
to benefit American workers, not destroy American jobs. So the
final point is, look, as you've seen on this campaign,
there have been a lot of outside groups who try
to claim that President Trump or I agree with every single.
Speaker 5 (20:00):
Thing that they say.
Speaker 7 (20:01):
President Trump speaks for himself and I speak for myself.
So don't necessarily assume that everything you're here written about
him or me is true. Obviously they lie about him
quite a bit, but he really does believe and frankly,
he's been right about this for forty years.
Speaker 5 (20:15):
We have to make more of our own stuff. We
have to build more.
Speaker 7 (20:17):
In America, and we need a corporate tax policy that
promotes that. And yeah, sometimes that does mean if you're
shipping jobs overseas, you're going to be penalized.
Speaker 1 (20:25):
What are the if you're shipping jobs overseas, you're going
to be penalized?
Speaker 2 (20:30):
Did you notice that? Now?
Speaker 1 (20:32):
Jd Vance has also asked about tariffs and inflation.
Speaker 3 (20:38):
Listen lies that they're telling about you that you don't
agree with.
Speaker 7 (20:41):
Well, I think one of the things that says, for example,
about Donald Trump's economic policies is that somehow they're going
to jack up inflation, which is rich coming from Kamala Harris,
whose economic.
Speaker 5 (20:50):
Policies have directly well not always right.
Speaker 3 (20:54):
Let's just take theretionary or people aren't buying the products anymore.
Speaker 5 (20:57):
Well, let's just take one example. So one of the class.
Speaker 7 (21:00):
Examples that economists used to attack, or some economists should say,
used to attack Donald Trump's economic policies is the terriffs
that he imposed on washing machines and other dish dishwashers, sorry,
on dishwashers.
Speaker 5 (21:11):
So they show.
Speaker 7 (21:12):
A chart that says, well, look, a few months after
this tariff, the price of dishwashers went up a little bit,
but if you look over two years, actually the price
of dishwashers went down. You induced a lot of American
factories to invest in American workers in American made products,
and the price of dishwashers is actually lagged behind the
price of a lot of other home appliances. So sometimes
when you induce investment in capital formation in the United
(21:35):
States of America, it does lower prices on American workers.
And again the experience of Donald Trump's presidency, he was
president for four years, he did impose tariff sometimes to
induce more investment in American workers.
Speaker 5 (21:48):
And what happened. We had one point five.
Speaker 7 (21:50):
Percent inflation, rising take home pay, and the best economy
for workers.
Speaker 5 (21:54):
In forty years then across the PLT cetera.
Speaker 7 (21:56):
But when people say that Donald Trump is going to
destroy the economy, he was already the leader of the
American economy for four years. We had rising prosperity, broad
based middle class.
Speaker 5 (22:06):
Wage growth centator. That is a record I'd like to
get back to.
Speaker 2 (22:10):
It's a record I like to get back to. JD.
Speaker 1 (22:13):
Vans finally saying this, if you want access to American markets,
you can't use Chinese slave labor to produce your products.
Speaker 3 (22:21):
Listen, Senator, I think the question though on the tariffs,
and it's where Joe is going. Because they're across the
board and they're not as targeted.
Speaker 5 (22:30):
It's unclear.
Speaker 3 (22:31):
There are certain industries that unfortunately we don't have now.
Wouldn't be great if our country were to invest in
some of these industries that we're not that we're missing
on the manufacturer side, But the amount of time may
very well take to quote unquote induce every every industry
to invest here to manufacture. That's the complication with the plan.
So when you see, for example, like a Goldman Sachs
report come out suggesting that this actually becomes it not
(22:54):
just a massive tax, but a massive drain on the economy,
what do you think?
Speaker 5 (22:58):
And then just a.
Speaker 3 (22:58):
Related question, because a lot of people have said this,
do you believe that the entire across the board tariff
would go into effect or is it a should we
think of it as some kind of negotiating cudgel if
you will with China for other things?
Speaker 7 (23:13):
Well, first of all, I do think that it's negotiation.
Donald Trump is a negotiator. He believes in using tariffs
for negotiation, but he also does believe in using tariffs
to induce more manufacturing, more capital formation in our country.
But Aaron, the problem with the argument here is when
people say these tariffs are going to have an effect.
Donald Trump already imposed specific tariffs on specific industries. You
(23:35):
didn't see the negative consequences come to light. In fact,
what you saw was rising wages and rising.
Speaker 5 (23:40):
Take home pay.
Speaker 7 (23:41):
So when people say you can't do this in a
narrow way, you can't do it in a broad base way,
I just think that doesn't actually fit with reality. And
there's actually a deeper argument here that I think Donald
Trump really again understands and understood better than a lot
of people who said that somehow American prosperity was going
to come by shipping our steel into and our pharmaceutical
industry overseas.
Speaker 5 (24:02):
They were wrong and he was right.
Speaker 7 (24:03):
So maybe he's right about his policies and the effect
they're going to have on the future too. But one
of the critical conceits that our bipartisan consensus made over
the last forty years is that you could separate the
manufacture of things from the design of things. You open
up an iPhone and it says you know, I think
it says designed in Coupertino, California. The implication, of course
is that it's manufactured in Shinjin, China. But what we're
(24:26):
finding out is that the people who are manufacturing things,
they innovate, they become.
Speaker 5 (24:30):
More productive, they develop the critical.
Speaker 7 (24:33):
Skills necessary to get better at manufacturing, and then they
start designing the things too. If we're not doing enough
manufacturing our own country, we're going to lose our tech
edge and then we're going to be in a world
of hurts. So there's no critical difference good.
Speaker 3 (24:46):
The flip side is it creates an export problem because
there will be retribution. I've got an emails even in
the past week from viewers of Squad who are farmers
in the Midwest who are worried, deeply worried that depending
on how these tariffs play out, that going to affect
them on the opposite end.
Speaker 7 (25:03):
Well, Andrew, this actually highlights again we have to look
at experience versus some of these ridiculous predictions from people
who have an ax to grind against Donald Trump. I'm
of course not saying the farmers fall into that category,
but when did America for the first time, maybe in
our history become a net food importer, meaning we need
to take in more food than we produce ourselves twenty
twenty three, under the policies of Kamala Harris, when Donald
(25:25):
Trump was president and doing all these things that certain
pundits as say are going to lead to terrible outcomes,
what actually happened. America was a net food exporter. We
grew more of our food than we needed. That is
an important thing that we're One of the critical mistakes
that we made again is that we became dependent on
foreign nations for the goods that we need. Now we're
becoming dependent on foreign nations for the food that our
(25:47):
children need to eat.
Speaker 5 (25:48):
This is insanity. We have to be self reliant.
Speaker 7 (25:51):
We have the biggest economy in the world. Every business,
every foreign country, every competitor wants access to American markets.
If you want access to American markets, you can't use
Chinese slave labor to.
Speaker 5 (26:03):
Produce your products.
Speaker 7 (26:04):
You've got to be able to use American workers. And
that's the whole thrust of Donalds.
Speaker 2 (26:11):
I think it's very interesting that.
Speaker 1 (26:15):
This is how hard CNBC was on the policies of
Trump and vance he was able to defend them explain
them talk about them. When was the last time you
heard that type of conversation at that level with anything
with Kamala Harris or Walt's campaign, ever, it doesn't exist.
(26:36):
Like I'm glad they're challenging him. People have real questions
about tariffs and about the price of goods and the
price of rising goods. Like I mean it when I
say I'm glad that there's this level of debate.
Speaker 2 (26:52):
This is an important.
Speaker 1 (26:54):
Level of debate. It's a type of debate we should
have often. I'm glad that it was that law and
that thought out and that you know, it had to
be communicated in this way and debated.
Speaker 2 (27:08):
We need more of this.
Speaker 1 (27:09):
But where is this on the other side with Kamala
Harris's campaign. I would love to play you a tape
of this type of conversation. It doesn't exist, and that
may be the biggest problem of all. White House on
Defense this morning is John Kirby Trash's friends on nine
(27:31):
to eleven in an email he accidentally sent to Fox
News Channel This coming from the White House National Security spokesman.
He was former Department of Defense spokemssman John Kirby trashing
a group of veterans in an email send an air
to Fox News on the anniversary of nine to eleven
(27:53):
terror attacks. As Fox News is reported, Kirby responded to
an email inquiry Fox about criticism criticisms by a veterans
group about the Biden administration's disastrous twenty twenty one withdrawal
from Afghanistan by accidentally hitting reply all before disparaging the
(28:13):
veterans quote. Obviously no use in responding a handful of vets,
indeed in all of one stripe, Kirby said in a
reply all email chained Wednesday afternoon that appeared to be
intended for White House staffers but also included Fox News Digital.
(28:36):
Fox News Digital had reached out to the White House
earlier Wednesday afternoon regarding criticism and critical comments from four veterans,
including Representative Corey Mills, Republican from Florida, who blasted Kirby
for his Monday press conference that they said provided cover
for the Biden administration's twenty twenty one withdrawal. Kirby's message
(28:59):
was sent an air, with him following up with a
Fox News Digital reporter saying this clearly, I didn't realize
you were on the chain. Kirby sent the email while
traveling with President Biden on the anniversary of nine to eleven.
On Monday, Kirby pushed back against the House Republican report
on the Afghanistan withdrawal by blaming former President Donald Trump for,
(29:22):
among other things, negotiating with the Taliban, ignoring the fact
that the talks of the Taliban actually began under the
Obama administration in Katar in twenty thirteen and Obama's second
term in office. Kirby retired by the way from the
US Navy as a rear admiral. He served as Pentagon
spokesman during the Afghan pullout, including the murder of the
(29:44):
thirteen US service members in the ISIS k tarr attack
on Abby Gate in August of twenty twenty one. So
if you want to know what these guys think about
people that disagree with him, even those that serve like
those in the military, now you know, because it was
an accidental reply all and Fox News was on the
(30:05):
reply all.
Speaker 2 (30:06):
They basically say, screw.
Speaker 1 (30:08):
You, like we don't respond to you, we don't care
the hell with you, like we're done with Like we're
done with you. That's how they look at veterans that
disagree with them. Now, if that's how they talk about
veterans that disagree with them on the anniversary of nine
to eleven, Okay, Like, if that's how they did it
(30:29):
on the anniversary of nine to eleven, Think what they
think about average Americans when you have problems or issues.
Speaker 2 (30:37):
I think it's pretty fair to to say.
Speaker 1 (30:40):
Really, think about what it would look like if you
sent an email and was criticizing them, What they would
say about you, Because this is what they say about veterans,
This is what they say about people that fight, defend
and protect this country when they disagree with the Democratic Party.
(31:00):
Make sure you share this podcast please with your family
and your friends, especially the story of Jocelyn. It is
important that we share this story now more than ever before.
Speaker 2 (31:11):
Share it
This morning is a very interesting day. And the reason
why I say that is because the White House they're
having some problems. They're having some pretty serious problems this
morning because their economic data is the opposite of what
they claimed yesterday at a White House press conference. They're
(00:23):
now getting called out for it. It's bad, and they
are also trying to figure out how they got it
so wrong. Now, let me explain a little bit more
about this so you understand. So there's data that's come out.
Wall Street reacted, it wasn't great. White House apparently either
had bad data or didn't realize that the data was
(00:47):
coming out at the White House. And so now they're
trying to figure out how to undo a mess that
they made. And it looks like they were, when I say,
asleep at the wheel, like they just missed an entire
the report that they're on, like they're in charge of it, okay,
Like like this is insane.
Speaker 2 (01:09):
It really is. Now.
Speaker 1 (01:11):
Top White House energy advisor went on TV today and
he said that there is nothing that your AC costs
have to do with oil production, Okay, And he's getting
ripped this morning because the cost of energy, the cost
(01:33):
of electricity, the cost of heating your home very much
is connected to energy prices. And he's getting ripped on
for saying what he said this morning because it's also
seems that he missed the same report and is asleep
at the wheel. And there's a concerning aspect of this.
(01:56):
There's there's a laughable aspect of it, and you're laughing,
you're just like, God, these guys are idiots. But there's
also a very concerning aspect of this. And the concerning
aspect of this is the fact that it's like, Okay,
so let me get this straight. You guys don't know
what's going on. We clearly have no idea who's running
(02:18):
the country. Like that's one thing that I think is
a like blatantly obvious. We have no idea who's running
the country. And then you guys aren't even up to
date on your own intel, your own intel. You don't
know what's going on. You guys have no clue what's
(02:38):
happening with your own intel.
Speaker 2 (02:40):
And this is like a political thing.
Speaker 1 (02:45):
This is an actual government report from the White House
that you're somehow unaware of. How does that even happen
when you don't have a sitting president, When it's just
a fake government, and I guess no one knows who's
in charge. The wheels are now starting to come off,
(03:06):
especially since they don't have to fake it as well
anymore because he's no longer the candidate, right, Like, I
don't believe this would have happened if Joe Biden was
still the candidate, and now that he's not, I think
everybody else kind of like it seems like they're like,
all right, we're just going to check out, like we're
going to coast. He's on vacation every week. Maybe we
(03:27):
should just be on vacation every week. So this government
report comes out, they're all flat footed, right, they all
have no idea what's actually happening and what's going on,
and then they start trying to figure out how to
fake it because they don't understand that the report that
they were supposed to have is a report that they're
actually supposed to be like reporting to the people, like
(03:50):
they're supposed to be telling us this is what's going on,
and they're being asked about the report from the actual media.
Speaker 2 (03:57):
It is totally insane.
Speaker 1 (04:01):
It is completely insane that this is the scenario right now,
But this is now what the country looks like when
you have a guy that's been a fake president for
a long time and now apparently have no clue who
the president actually is. White House Energy advisor on Trump's
(04:21):
plan to drop energy prices. Here is his response on
CNBC listened this morning.
Speaker 3 (04:27):
Moment, and I wanted to ask you about this former
President Trump saying that he believes that he could have
energy prices if he wins reelection. He says, quote, you're
heating and air conditioning, electricity, gasoline, all can be cut
down in half. He said this at a Michigan rally
last month, saying that he would declare what he calls
a quote national emergency to increase fossil fuel supply and
(04:49):
decrease prices.
Speaker 2 (04:52):
What do you think of that?
Speaker 4 (04:54):
Honestly, I have no idea what he's referring to. We
have oil production is significantly higher than it was under
his administration. It's full two million barrels higher than it
was where we took office at thirteen and a half million.
But as you know, your air conditioning costs have nothing
to do with oil production. There electricity, which is not oil.
In the United States, natural gas was at ninety two
(05:17):
bcf a day it's today at one hundred and three
bcf a day, so a significant increase in gas production.
Speaker 5 (05:24):
With the largest LNG exporter.
Speaker 4 (05:26):
We'd probably be exporting a little less if demand for
gas was there.
Speaker 5 (05:29):
It's just not there.
Speaker 4 (05:30):
And not only that, we've added one hundred gigawatts of
clean energy over the last few years. So what really
brings down the cost of electricity and cost for families
is won the gasoline that's already down, the cost for
natural gas we're producing as much as we've ever have,
and the availability of cheap clean energy, and that's also
(05:53):
rising dramatically.
Speaker 5 (05:55):
So the only thing that is in.
Speaker 1 (05:56):
Let me just say pause there is do any of
you guys like you're getting cheap energy because the Biden administration?
And again this guy's winging it. He obviously is like
completely caught. This is like going into a math test,
I think, and and then all of a sudden it's
a history test, and you're like, wait, what what am
I doing here?
Speaker 2 (06:17):
Wait? Where did this come from? Wait?
Speaker 1 (06:18):
I didn't know this was outweight? I was I was
completely flat footed. Wait, I have no idea what you're
talking about. I gotta wing this. I got a wing
this Like in a major way. How did this happen, Like, like,
when did all this happen? When did all this come out?
That that's what he's doing right now. And so he
just said that there is an abundance of really cheap energy. Okay,
(06:41):
how many of you are impressed with your with your
utility bill.
Speaker 2 (06:45):
I'm not.
Speaker 1 (06:46):
I'm paying more now for my utilities than I've ever had.
I'm the I'm the crazy old dad that's walking around
the house, you know, you know, yelling at the kids.
Speaker 2 (06:53):
Turn off the lights when you leave the room, turn
off the lights when you leave the room. Like that's me.
Speaker 1 (06:58):
That's how expensive it's gotten that I mean, And I
think I'm probably not the only one. When I go
put gas in my car, I'm not seeing some amazing price, Like, man,
this is awesome. Like I remember when Trump was in office,
I actually kind of look forward to filling up my
car because it.
Speaker 2 (07:12):
Was so cheap.
Speaker 1 (07:13):
You're like, this is great, dude, this is half price
from what I was paying for on Obama. I mean,
I remember that compare and contrast moments. And so the
White House guys just told you there's an abundance of clean, cheap,
renewable energy like, where do I find this at Walmart?
I'm being sarcastic. You can obviously buy energy at Walmart,
(07:36):
but keep listening.
Speaker 4 (07:37):
Down the costs for natural gas. We're producing as much
as we've ever have, and the availability of cheap, clean energy,
and that's also rising dramatically.
Speaker 5 (07:48):
So the only thing that.
Speaker 4 (07:49):
Is energy Emergency would do would probably increase costs on
American families because it would take away all the incentives
for investments and things like nuclear energy, infusion and renewable energy,
which is actually bringing help to bring costs down. That's
what the energy transition needs to be. It needs to
be continued fossil fuels for as long as we need
(08:10):
them and bringing on clean energy that is cheaper as
we need for the future. And we definitely want the
private sector to invest in nuclear power, which is both
clean and efficient, but it needs the incentives from the
government to be able to grow.
Speaker 1 (08:25):
I mean, this may be the most awkward interview I've
ever seen five three five nine seven three two. When
I woke up this morning and I was looking at this,
I started laughing, like, I've never seen an administration so
unprepared on a basic report.
Speaker 2 (08:42):
In my entire life. And it is. It is.
Speaker 1 (08:44):
It's laughable, but it's incredibly concerning. Like I want to know, actually, now,
who really is running the country. We know it's not
Joe Biden, but who's running the country now? Who is
the president? If the you know what hits the fan,
who's running the country. Dick Cheney, as you know, angry
that his daughter got run out of Congress, trying to
(09:06):
get a little revenge on the maggot movement Donald Trump
saying he's voting for Kamala Harris, which is just embarrassing.
We've talked about that on this show before and what
a sellout that is. But I also want to go
back and just remind you of just how petty Dick
Cheney is in this endorsement compared to the history behind
(09:28):
all of this.
Speaker 2 (09:29):
I've got to montage for you. Take a listen.
Speaker 6 (09:31):
I actually have the endorsement of former Vice President Dick Cheney,
Dick Cheney and Satan.
Speaker 5 (09:38):
That's next time the Sith Lord is.
Speaker 2 (09:40):
Back like a demon, it rises again.
Speaker 5 (09:42):
Dick Cheney, Darth Vader, Satan. Thank you to.
Speaker 7 (09:46):
Satan forgive him the inspiration on how to play this role.
Speaker 5 (09:50):
We don't need Dick Cheney Dick Cheney was Jane dangerous.
That only thing, the only thing you got to do
is just embtter than Dick Chane. I like to see
Dick Cheney do exposed. He's a liar.
Speaker 6 (10:00):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 7 (10:05):
You're part of the Dick Cheney cult that led to
hundreds of thousands of innocent Iraqis being killed because the
cult you were in.
Speaker 8 (10:13):
Chaney dishonestly made up the idea that had nuclear weapon.
Speaker 5 (10:16):
Just lied. Why do they want these wars?
Speaker 8 (10:18):
What is it that they don't like somebody because they
don't like.
Speaker 5 (10:21):
The look of their face?
Speaker 1 (10:21):
Relevant national embarrassments Dick Cheney and Liz Cheney.
Speaker 4 (10:26):
I'm not remember Dick Cheney driving over to the CIA
to look over their shoulders to make sure they gave
him the intel that he wanted so as to justify
the Iraq war.
Speaker 6 (10:36):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 3 (10:40):
No apologies, no regrets from former Vice President Dick Cheney
for the harsh CIA interrogation techniques.
Speaker 5 (10:47):
Under Dick Cheney's tutelage. We got the photographs at albil Gray, the.
Speaker 9 (10:51):
Former vice president at one point signing a waterboard.
Speaker 5 (10:55):
Kit Cheney, of course unrepentant. You know what to go to,
go to hell.
Speaker 1 (10:59):
I want to talk about a man rotten to his
very core, which is in itself a tiny black hole
from which no joy or like can escape. The ancient
Coptics knew this man, ash.
Speaker 4 (11:09):
Deck, the dark one, the jagged tooth, foris demon who
steals our children.
Speaker 2 (11:13):
We know him as former Vice President Dicklara.
Speaker 6 (11:16):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 9 (11:21):
What do you think of Dick Cheney, and people would say, well,
I hate everything he stands for. I am someone fundamentally
opposed to the politics of Liz Cheney and her father,
Dick Cheney.
Speaker 5 (11:30):
I literally started.
Speaker 9 (11:31):
Writing books in the first place more than a decade ago,
because I had so much to get off my chest
about what I thought was wrong with the Cheney family
approach to Warren foreign policy. That first book I ever
wrote is literally dedicated to him.
Speaker 5 (11:45):
Dick Cheney. Profoundly dangerous. Cheney, I think was arrested twice.
An master manipulator like Dick Cheney. You're willing to say anything.
Speaker 10 (11:54):
And now is the cascade of misery and death and chaos.
He did so much to unleash rages anew Mister Cheney,
he has the unadulterated gall to come before the country
and tell us that it's all someone else's fault. You
said there was no doubt Saddam Hussein had weapons of
mass destruction. You said we would be greeted as liberators.
You said the Iraq insurgency was in the last throws
(12:15):
back in two thousand and five. And you said that
after our intervention, extremists would have to quote rethink their
strategy of jihad. Now, with almost a trillion dollars spent there,
with forty five hundred American lives lost there, what do
you say to those who say you were so wrong
about so much at the expense of so many.
Speaker 5 (12:36):
No, I just fundamentally disagree with Reagan Megan.
Speaker 6 (12:39):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 3 (12:43):
Jany's the guy who told those guys the line in
the first place.
Speaker 5 (12:46):
You're more Honessidor.
Speaker 11 (12:47):
Wilson wrote an op ed titled What I Didn't Find
in Africa that exposed VI President Cheney's use a false
information to sell us a war in Iraq. A week
after Wilson's op ed was published, his wife, Valerie Plain
was outed as a covert CIA agent.
Speaker 2 (13:04):
All we did was.
Speaker 7 (13:05):
Out a ciaaed the criminal proclivity, power grab mentality of
Dick Cheney.
Speaker 5 (13:11):
And they twisted that intelligence.
Speaker 2 (13:13):
I did not.
Speaker 5 (13:13):
Believe what Dick Cheney have to say. I thought that
they were lying.
Speaker 4 (13:16):
Vice President Dick Cheney accidentally.
Speaker 5 (13:19):
Shot a man.
Speaker 3 (13:20):
Vice President Cheney's been the most dangerous vice president we've had,
probably in American history.
Speaker 6 (13:24):
I actually have the endorsement of former Vice President Dick Cheney.
Speaker 1 (13:30):
It's just so much fun to go back and remind
people of these scumbags. Now they love Dick Cheney because
Dick Cheney is angry about his daughter getting run out
of Congress and he's like, I'm voting for Kama Harris,
screw Donald Trump and Maga who got rid of her.
And now they're like, yeah, I got Dick Cheney's endorsement. Wait,
I thought you guys hated Dick Cheney. What happened last
(13:53):
Sun checked? You hated Dick Cheney. I mean hated Dick
Cheney on a whole nother He was Satan And people
wonder why I don't trust Democrats because as soon as
you're useful again, after they call you Satan darth Vader,
the list goes.
Speaker 2 (14:11):
On and on.
Speaker 1 (14:12):
They're all back in. They're like, all right, we're good. Now,
let's do it again. Like I like, forget all that,
let's go. We're good, We're ready. Come on five three
five nine seven three two five three five nine seven
three two eight hundred number one, eight hundred four seven
four nine seven three two one eight hundred four seven
four nine seven three two. Ben Ferguson show, We're gonna
(14:35):
get some of your phone calls in here. Your reaction
to that, it is, I mean, if you care about
like just integrity at all, like a little bit, like
not a lot, just a little bit, if you don't,
if that doesn't bother you listening to that, that this
is like just how how willing and ready they are
just to throw all of their values out the window.
(14:57):
Like this guy's Satan. We've been telling you for twenty years.
Oh wait, he likes us. Now, Oh let's endorse that guy.
Let's go. Oh I didn't, I mean, well this could
help us? Oh well then I this hurts Republicans. Let's
take his endorsement. If you guys, if you think a
guy is is Satan and Satan wants to.
Speaker 2 (15:16):
Endorse you, I don't want the endorsement.
Speaker 1 (15:18):
But come here. He's like, no, no, this is good. Democrats
are like, no, no, this is this is good. Let's
do this. Let's let's have this moment. Let's knock this
one out of the park.
Speaker 2 (15:31):
Baby.
Speaker 1 (15:32):
I actually have the endorsement of Dick Cheney. I know
I told you was Satan. I know, I know I
said he was Satan, but he's really not Satan. We
were just playing that up when he was on the
other side, But now that he's endorsing me, he's not Satan.
Like like, let's just let's just delete all of that.
It never really happened.
Speaker 2 (15:51):
We're good.
Speaker 1 (15:52):
Jd Vance this morning going on CNBC and he had
a lot to say on CNBC. Here's part one of
what he said moments ago joining us.
Speaker 8 (16:01):
Now Ohio, great state of Ohio, Senator jd Vance, We
grew up well long before you grew up. I grew
up in a part of Sance. Now you're from Middletown
and you've been on the show before.
Speaker 5 (16:14):
Senator's been with Steve Case.
Speaker 8 (16:16):
It's when you involved with that, and I think for
Hillbilly elogy, I don't know if it was.
Speaker 5 (16:21):
A book to or what.
Speaker 8 (16:22):
But so we've met before, great to have you on.
Speaker 5 (16:25):
I want to struggling how to start.
Speaker 8 (16:27):
We could do a post mortem on the debate, but
because we're so interested in trying to get into your
economic beliefs, given that, as we now know, people's economic
beliefs can evolve, as we've seen maybe from you know,
for a President Trump's opponent. But I'm wondering whether yours
have evolved, because then we'll get into some of the
(16:49):
things you said in the past. And is there how
much daylight right now? Is there between what you believe
as what I call you an economic populace? Is there
daylight between you and President right now?
Speaker 5 (17:01):
No? I don't think so.
Speaker 7 (17:01):
I mean, look, obviously he selected me as his running mate,
and I'm trying to run to implement and win on
the Trump agenda. But I think that President Trump's economic
views are actually pretty straightforward American conservatism, which is, we
need to manufacture things in this country. We need common
sense energy and regulatory policies to be able to make things,
and the best way to lift up workers is to
promote good jobs and good wages, not to just throw
(17:23):
everybody on welfare, which I think is in some ways
the main thrust of the Kamahayer's economic policy. So there's
definitely some element of populism to it, because look, I
do think.
Speaker 5 (17:32):
That for thirty years in this country, we.
Speaker 7 (17:34):
Shift a lot of good manufacturing jobs to places like
East Asia. Now China makes some of the critical things
that we need, antibiotics, prescription drugs, even god forbid, the
weapons that our troops would need if we went to war.
Speaker 5 (17:45):
Against a nation like China.
Speaker 7 (17:47):
So we have to be a little bit smarter about
our own self reliance as a nation. That is one
departure I think between President Trump's vision and frankly thirty
forty years of failed leadership in this country.
Speaker 1 (17:58):
Great opening for him, by the way, talking about this,
he then moved on to talk about trade.
Speaker 8 (18:05):
A lot of what I think of a populism, though
it seems like it's almost diametrically opposed to certain aspects
of capitalism.
Speaker 5 (18:13):
And there are certain groups and I.
Speaker 8 (18:14):
Don't even want to mention the name of it, but
they claim you as a strict adherent to populism.
Speaker 5 (18:21):
I don't know if you know the group I'm talking about.
Speaker 8 (18:23):
You have said we should raise corporate taxes in the past.
If the president the former president wants to cut the
twenty one percent right down of fifteen, I think you
said twenty eight or even higher, that these big corporations
deserve that.
Speaker 7 (18:36):
Well, what I said is that we need to lower
taxes on corporations that are creating jobs in this country
and raise tariffs on corporations that are shipping jobs overseas
and manufacturing overseas. Look, if you're trying to take advantage
of Chinese slave labor and then use American markets to
make a profit on your product, I do think and
I know Donald Trump thinks that we should try to
(18:56):
penalize these companies. But we want companies that are investing
in America, hiring America, and creating good American jobs to thrive.
But we have to recognize there is a fundamental difference
between a national corporation that's creating good jobs in this
country and a foreign corporation that's benefiting from Chinese.
Speaker 8 (19:12):
Second Industrial policy that the Democrats get criticized fule, Oh no.
Speaker 5 (19:16):
It's not.
Speaker 7 (19:16):
Look whatever you want to call it, man, The problem
is Look, Chinese slaves making two dollars a day, if
you know, and they get caned working seventy two hours
a week, if they want to work seventy hours a
week instead, you want to allow American manufacturers to benefit
from that cheap labor.
Speaker 5 (19:33):
Not only is it going to destroy.
Speaker 7 (19:34):
Good American jobs and wages, it's going to decimate our
core manufacturing industry, which I think makes us less productive
over time. The final and most important point is it
makes us reliant on foreign nations to make.
Speaker 5 (19:45):
Some of our critical stuff.
Speaker 7 (19:46):
Now, Donald Trump does believe in trade, and I believe
in trade, but we believe in trade that's actually going
to benefit American workers, not destroy American jobs. So the
final point is, look, as you've seen on this campaign,
there have been a lot of outside groups who try
to claim that President Trump or I agree with every single.
Speaker 5 (20:00):
Thing that they say.
Speaker 7 (20:01):
President Trump speaks for himself and I speak for myself.
So don't necessarily assume that everything you're here written about
him or me is true. Obviously they lie about him
quite a bit, but he really does believe and frankly,
he's been right about this for forty years.
Speaker 5 (20:15):
We have to make more of our own stuff. We
have to build more.
Speaker 7 (20:17):
In America, and we need a corporate tax policy that
promotes that. And yeah, sometimes that does mean if you're
shipping jobs overseas, you're going to be penalized.
Speaker 1 (20:25):
What are the if you're shipping jobs overseas, you're going
to be penalized?
Speaker 2 (20:30):
Did you notice that? Now?
Speaker 1 (20:32):
Jd Vance has also asked about tariffs and inflation.
Speaker 3 (20:38):
Listen lies that they're telling about you that you don't
agree with.
Speaker 7 (20:41):
Well, I think one of the things that says, for example,
about Donald Trump's economic policies is that somehow they're going
to jack up inflation, which is rich coming from Kamala Harris,
whose economic.
Speaker 5 (20:50):
Policies have directly well not always right.
Speaker 3 (20:54):
Let's just take theretionary or people aren't buying the products anymore.
Speaker 5 (20:57):
Well, let's just take one example. So one of the class.
Speaker 7 (21:00):
Examples that economists used to attack, or some economists should say,
used to attack Donald Trump's economic policies is the terriffs
that he imposed on washing machines and other dish dishwashers, sorry,
on dishwashers.
Speaker 5 (21:11):
So they show.
Speaker 7 (21:12):
A chart that says, well, look, a few months after
this tariff, the price of dishwashers went up a little bit,
but if you look over two years, actually the price
of dishwashers went down. You induced a lot of American
factories to invest in American workers in American made products,
and the price of dishwashers is actually lagged behind the
price of a lot of other home appliances. So sometimes
when you induce investment in capital formation in the United
(21:35):
States of America, it does lower prices on American workers.
And again the experience of Donald Trump's presidency, he was
president for four years, he did impose tariff sometimes to
induce more investment in American workers.
Speaker 5 (21:48):
And what happened. We had one point five.
Speaker 7 (21:50):
Percent inflation, rising take home pay, and the best economy
for workers.
Speaker 5 (21:54):
In forty years then across the PLT cetera.
Speaker 7 (21:56):
But when people say that Donald Trump is going to
destroy the economy, he was already the leader of the
American economy for four years. We had rising prosperity, broad
based middle class.
Speaker 5 (22:06):
Wage growth centator. That is a record I'd like to
get back to.
Speaker 2 (22:10):
It's a record I like to get back to. JD.
Speaker 1 (22:13):
Vans finally saying this, if you want access to American markets,
you can't use Chinese slave labor to produce your products.
Speaker 3 (22:21):
Listen, Senator, I think the question though on the tariffs,
and it's where Joe is going. Because they're across the
board and they're not as targeted.
Speaker 5 (22:30):
It's unclear.
Speaker 3 (22:31):
There are certain industries that unfortunately we don't have now.
Wouldn't be great if our country were to invest in
some of these industries that we're not that we're missing
on the manufacturer side, But the amount of time may
very well take to quote unquote induce every every industry
to invest here to manufacture. That's the complication with the plan.
So when you see, for example, like a Goldman Sachs
report come out suggesting that this actually becomes it not
(22:54):
just a massive tax, but a massive drain on the economy,
what do you think?
Speaker 5 (22:58):
And then just a.
Speaker 3 (22:58):
Related question, because a lot of people have said this,
do you believe that the entire across the board tariff
would go into effect or is it a should we
think of it as some kind of negotiating cudgel if
you will with China for other things?
Speaker 7 (23:13):
Well, first of all, I do think that it's negotiation.
Donald Trump is a negotiator. He believes in using tariffs
for negotiation, but he also does believe in using tariffs
to induce more manufacturing, more capital formation in our country.
But Aaron, the problem with the argument here is when
people say these tariffs are going to have an effect.
Donald Trump already imposed specific tariffs on specific industries. You
(23:35):
didn't see the negative consequences come to light. In fact,
what you saw was rising wages and rising.
Speaker 5 (23:40):
Take home pay.
Speaker 7 (23:41):
So when people say you can't do this in a
narrow way, you can't do it in a broad base way,
I just think that doesn't actually fit with reality. And
there's actually a deeper argument here that I think Donald
Trump really again understands and understood better than a lot
of people who said that somehow American prosperity was going
to come by shipping our steel into and our pharmaceutical
industry overseas.
Speaker 5 (24:02):
They were wrong and he was right.
Speaker 7 (24:03):
So maybe he's right about his policies and the effect
they're going to have on the future too. But one
of the critical conceits that our bipartisan consensus made over
the last forty years is that you could separate the
manufacture of things from the design of things. You open
up an iPhone and it says you know, I think
it says designed in Coupertino, California. The implication, of course
is that it's manufactured in Shinjin, China. But what we're
(24:26):
finding out is that the people who are manufacturing things,
they innovate, they become.
Speaker 5 (24:30):
More productive, they develop the critical.
Speaker 7 (24:33):
Skills necessary to get better at manufacturing, and then they
start designing the things too. If we're not doing enough
manufacturing our own country, we're going to lose our tech
edge and then we're going to be in a world
of hurts. So there's no critical difference good.
Speaker 3 (24:46):
The flip side is it creates an export problem because
there will be retribution. I've got an emails even in
the past week from viewers of Squad who are farmers
in the Midwest who are worried, deeply worried that depending
on how these tariffs play out, that going to affect
them on the opposite end.
Speaker 7 (25:03):
Well, Andrew, this actually highlights again we have to look
at experience versus some of these ridiculous predictions from people
who have an ax to grind against Donald Trump. I'm
of course not saying the farmers fall into that category,
but when did America for the first time, maybe in
our history become a net food importer, meaning we need
to take in more food than we produce ourselves twenty
twenty three, under the policies of Kamala Harris, when Donald
(25:25):
Trump was president and doing all these things that certain
pundits as say are going to lead to terrible outcomes,
what actually happened. America was a net food exporter. We
grew more of our food than we needed. That is
an important thing that we're One of the critical mistakes
that we made again is that we became dependent on
foreign nations for the goods that we need. Now we're
becoming dependent on foreign nations for the food that our
(25:47):
children need to eat.
Speaker 5 (25:48):
This is insanity. We have to be self reliant.
Speaker 7 (25:51):
We have the biggest economy in the world. Every business,
every foreign country, every competitor wants access to American markets.
If you want access to American markets, you can't use
Chinese slave labor to.
Speaker 5 (26:03):
Produce your products.
Speaker 7 (26:04):
You've got to be able to use American workers. And
that's the whole thrust of Donalds.
Speaker 2 (26:11):
I think it's very interesting that.
Speaker 1 (26:15):
This is how hard CNBC was on the policies of
Trump and vance he was able to defend them explain
them talk about them. When was the last time you
heard that type of conversation at that level with anything
with Kamala Harris or Walt's campaign, ever, it doesn't exist.
(26:36):
Like I'm glad they're challenging him. People have real questions
about tariffs and about the price of goods and the
price of rising goods. Like I mean it when I
say I'm glad that there's this level of debate.
Speaker 2 (26:52):
This is an important.
Speaker 1 (26:54):
Level of debate. It's a type of debate we should
have often. I'm glad that it was that law and
that thought out and that you know, it had to
be communicated in this way and debated.
Speaker 2 (27:08):
We need more of this.
Speaker 1 (27:09):
But where is this on the other side with Kamala
Harris's campaign. I would love to play you a tape
of this type of conversation. It doesn't exist, and that
may be the biggest problem of all. White House on
Defense this morning is John Kirby Trash's friends on nine
(27:31):
to eleven in an email he accidentally sent to Fox
News Channel This coming from the White House National Security spokesman.
He was former Department of Defense spokemssman John Kirby trashing
a group of veterans in an email send an air
to Fox News on the anniversary of nine to eleven
(27:53):
terror attacks. As Fox News is reported, Kirby responded to
an email inquiry Fox about criticism criticisms by a veterans
group about the Biden administration's disastrous twenty twenty one withdrawal
from Afghanistan by accidentally hitting reply all before disparaging the
(28:13):
veterans quote. Obviously no use in responding a handful of vets,
indeed in all of one stripe, Kirby said in a
reply all email chained Wednesday afternoon that appeared to be
intended for White House staffers but also included Fox News Digital.
(28:36):
Fox News Digital had reached out to the White House
earlier Wednesday afternoon regarding criticism and critical comments from four veterans,
including Representative Corey Mills, Republican from Florida, who blasted Kirby
for his Monday press conference that they said provided cover
for the Biden administration's twenty twenty one withdrawal. Kirby's message
(28:59):
was sent an air, with him following up with a
Fox News Digital reporter saying this clearly, I didn't realize
you were on the chain. Kirby sent the email while
traveling with President Biden on the anniversary of nine to eleven.
On Monday, Kirby pushed back against the House Republican report
on the Afghanistan withdrawal by blaming former President Donald Trump for,
(29:22):
among other things, negotiating with the Taliban, ignoring the fact
that the talks of the Taliban actually began under the
Obama administration in Katar in twenty thirteen and Obama's second
term in office. Kirby retired by the way from the
US Navy as a rear admiral. He served as Pentagon
spokesman during the Afghan pullout, including the murder of the
(29:44):
thirteen US service members in the ISIS k tarr attack
on Abby Gate in August of twenty twenty one. So
if you want to know what these guys think about
people that disagree with him, even those that serve like
those in the military, now you know, because it was
an accidental reply all and Fox News was on the
(30:05):
reply all.
Speaker 2 (30:06):
They basically say, screw.
Speaker 1 (30:08):
You, like we don't respond to you, we don't care
the hell with you, like we're done with Like we're
done with you. That's how they look at veterans that
disagree with them. Now, if that's how they talk about
veterans that disagree with them on the anniversary of nine
to eleven, Okay, Like, if that's how they did it
(30:29):
on the anniversary of nine to eleven, Think what they
think about average Americans when you have problems or issues.
Speaker 2 (30:37):
I think it's pretty fair to to say.
Speaker 1 (30:40):
Really, think about what it would look like if you
sent an email and was criticizing them, What they would
say about you, Because this is what they say about veterans,
This is what they say about people that fight, defend
and protect this country when they disagree with the Democratic Party.
(31:00):
Make sure you share this podcast please with your family
and your friends, especially the story of Jocelyn. It is
important that we share this story now more than ever before.
Speaker 2 (31:11):
Share it
Host
Ben Ferguson
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