Bonus: Daily Review with Clay Travis and Buck Sexton - Apr 10 2025

Meet our friends, Clay Travis and Buck Sexton!  If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too.

 

Here’s a sample episode recapping some highlights. Give the guys a listen and then follow and subscribe wherever you get your podcasts: ihr.fm/3InlkL8

 

Insider Trading and Dictator Trump

 

Hour 1 of the Clay Travis and Buck Sexton Show kicks off with Clay Travis solo, as Buck Sexton is on baby watch. Clay updates listeners on Buck and Carrie Sexton's baby situation, mentioning the excitement and anticipation surrounding the delivery. 

 

The show then dives into the latest breaking news, highlighting the positive trend in inflation rates, which have softened to 2.4%, the lowest since COVID-19. Clay discusses the implications of this economic shift, including the recent budget resolution passed by the House, which aims to facilitate a significant tax cut and move into reconciliation.

 

The conversation shifts to international trade, focusing on the escalating tariffs on China, now at 145%, and the impact on the stock market. Clay provides a detailed analysis of the roller coaster ride in the stock market, noting the record highs and subsequent downturns. He includes audio clips from Stuart Varney and CNN, emphasizing the favorable inflation numbers and the reasons behind them, such as stable gasoline prices.

 

Clay also touches on Trump's strategic moves in the trade war, including the 90-day pause on tariffs for other countries and the isolation of China. He explains the potential benefits for American jobs and businesses, and the likelihood of new trade agreements with countries like England, Japan, South Korea, and Australia.

 

The show includes a segment on financial advice, where Clay encourages listeners to treat their stock investments like their homes, avoiding emotional decisions and focusing on long-term growth. He shares his personal investment strategy and advises against day trading.

 

Additionally, Clay addresses the criticism from the ladies of "The View," who accuse Trump of insider trading and attempting to tank the economy for his billionaire friends. He debunks these claims, explaining the public nature of Trump's comments and the broader economic context.

 

Steve Moore: A Bad Time to Sell

 

Clay highlights the latest economic news, including inflation softening to 2.4%, the lowest rate in four years, and the House passing a budget resolution that includes tax cuts and increased border security. The stock market's recent fluctuations are discussed, with a focus on the impact of Trump's tariffs on China, now raised to 145%.

 

Clay interviews Stephen Moore: President Trump's Former Senior Economic Advisor and Co-Founder of the Committe to Unleash Prosperity joins the show to explain the Trump economy and why he's three steps ahead on the chess board.  Moore provides insights into Trump's economic strategies, emphasizing the importance of isolating China due to its predatory practices. Moore advises listeners to maintain long-term investments in the stock market despite short-term volatility, highlighting the historical resilience of the American economy.

 

The conversation delves into the complexities of international trade, comparing free trade with allies like Europe and Japan to the challenges posed by China's unfair practices. Moore supports Trump's approach of reciprocity in trade deals, aiming to create a level playing field.

 

Clay addresses criticisms from "The View," debunking claims of insider trading and explainin

Episode Transcript

Speaker 1 (00:01):
Welcome in Clay Travis, Buck Sexton Show. Appreciate all of
you hanging out with us as we were rolling in
on a Thursday edition of the program. All Right, we
got a lot of breaking news, many of you wondering,
and we are still waiting for the biggest breaking news
on the show, which is Buck and Carrie Sexton and

(00:24):
the baby update. Last night they said, hey, actually we
don't want you coming in tonight to deliver the baby.

Speaker 2 (00:32):
They have gone in today.

Speaker 1 (00:34):
Texting with Buck last night, I'm trying to stay out
of the line of fire here because I know, having
been through three deliveries, it's a little bit crazy. We
will update you as news arrives. But I told Buck
last night when they got the pass, like, hey, you
might as well watch Gladiator tonight. You don't have to
go in for the I'm sure Carrie couldn't be any

(00:57):
more excited. She's got another night at home nine pregnant.
You guys should definitely crank up Gladiator. Maybe maybe Brave Heart,
maybe you can double down. So we will update you
on Baby Watch twenty twenty five as we get updates here.
But the result is I am with you solo at
least for today and tomorrow. Don't know how long Buck

(01:17):
will stay out with the baby coming, But that is
that update.

Speaker 2 (01:22):
All right.

Speaker 1 (01:23):
A lot of different news stories going on right now.
Let me hit you with the absolute latest. Positive. Inflation
is softening. It has hit the lowest rate two point
four percent since COVID. Basically it has actually turned negative,
which is very positive. We will break all that down.

(01:45):
That is this morning's news. A budget resolution has passed
the House, which will allow us to theoretically get one
big beautiful bill from the from the House and the Senate.
They will now move into reconciliation. It passed two sixteen

(02:06):
to fourteen after it was held over last night, and
so we are going to get the tax cut. All
of that. The details need to be hammered out. That
is on its way. Also, we have further an addition
of the tariffs coming down on China. One hundred and

(02:31):
forty five percent is now the tariff level that Trump
has put on too China. Yesterday, the stock market had
an absolute record day after a ninety day pause was
put into place on the tariffs for every other country.
But Trump now continues to escalate the China trade war.

(02:54):
He has isolated China, and the tariff is now up
to one hundred and forty five percent onto China. Stocks
have begun to backtrack as Trump is saying that China
is the worst trade abuser in history. So all of
that is underway, many different aspects of breaking news associated

(03:19):
with it, and so all of those right now underway again.
Stock market has turned negative. It has been a absolute
roller coaster for everybody paying attention to the trade. Yesterday
was the best day that we have seen percentage wise
nearly in the history of the stock market. But as

(03:41):
I am talking to you right now, to the extent
that I am now also a financial news analyst, the
S and P five hundred down about four and a
half percent after raising rising itself nearly ten percent yesterday.
So all of that going on right now, we do
have we have some audio clips to put into context.

(04:02):
Let me put that all into context for you. First
cut one, this was Stuart Varney saying inflation softening. It's
now at two point four percent. That is lower than
the expected rate.

Speaker 3 (04:14):
Let's take a big, deep breath. There's a whirl wind
coming at you and your money. We'll start with inflation.
Last month, consumer prices went down zero point one percent
in the last year, they're up only two point four percent.
Those are favorable numbers. Inflation is softening.

Speaker 1 (04:32):
Okay, So inflation softening, hitting a four year low.

Speaker 2 (04:36):
Uh.

Speaker 1 (04:36):
And also this was CNN pointing out as you heard
Stuart Varney say, there, actually prices have actually gone down.
This is cut twenty four, which is an updated version
of what CNN is saying.

Speaker 2 (04:51):
Listen to this.

Speaker 4 (04:52):
Consumer prices month over month. So this was actually a
drop of point one percent, negative point one percent.

Speaker 5 (04:58):
That's the first time we've seen.

Speaker 2 (04:59):
That since COVID.

Speaker 4 (05:01):
Year over year, the annual inflation rate was at two
point four percent. This was also better than expected and
a six month low, moving in the right direction. As
far as why this happened, there's a few drivers. One
thing that really played a role here, as you can
see the trend here at the inflation rate dipping a
little bit.

Speaker 5 (05:19):
One of the drivers was energy.

Speaker 4 (05:21):
The fact that gasoline prices did not move up like
they usually do in the month of March.

Speaker 5 (05:27):
That really helped.

Speaker 1 (05:29):
Okay, so that is the updated inflation numbers. Why does
this matter, Well, certainly, inflation got to nine percent under
Joe Biden. Remember it started off at one point eight
percent when he came into office in January of twenty
twenty one, rapidly skyrocketed to nine percent, and we have

(05:51):
been fighting the inflation battle since to bring it all
the way back down to now two point four percent.
Trump is arguing, and I think there is some base
in truth for this, that the overall interest rates set
by the Fed need to be dropped as well. Obviously,
that is why we're dealing with seven percent still ish

(06:11):
thirty year mortgage rates that many of you have got
in your lives that have locked you up and are
keeping you from moving into a new house or maybe
even putting your house on the market because you don't
want to give up the number that you got. Okay,
all of this is complicated. Let's go back into the
tariff universe. Here Trump was asked about why he decided

(06:33):
to put a ninety day pause in place. This is
something that we told you on the show. We thought
made a lot of sense. And Trump is saying, hey,
we are rewarding the countries that have not retaliated with
higher rates of tariffs. And here is Trump cut four
speaking to the press, saying he was watching the bond

(06:56):
market and he was concerned about how the bond mark
market was moving.

Speaker 2 (07:01):
Listen to cut four.

Speaker 6 (07:02):
I was watching the bond market. That bond market is
very tricky. I was watching it. But if you look
at it now, it's beautiful. The bond market right now
is beautiful. But yeah, I saw it last night where
people are getting a little queasy.

Speaker 7 (07:15):
I think everything had well.

Speaker 5 (07:16):
The big move wasn't what I did today.

Speaker 6 (07:18):
The big move was what I did on Liberation Day.
We had Liberation Day in America, were liberated from all
of the horrible deals.

Speaker 5 (07:25):
That were made.

Speaker 1 (07:26):
Okay, so that is Trump. Here's Trump as well. He
is asked, well, let's first see Trump has asked why
Democrats wanted tariffs in the past. If you've seen Nancy Pelosi,
if you've seen all of these other Democrats, Chuck Schumer
talk about the necessity for tariffs. Here is cut six.
Trump is praising a reporter who asked why Democrats wanted

(07:48):
tariffs back then.

Speaker 2 (07:49):
Now they hate them Duck Humor and Nancy Pelosi. They've
been talking about tariffs for decades.

Speaker 8 (07:54):
How come when these Democrat elifs want tariffs, everything's hunky jory.
But when President Trump wants tariffs all help breaks the
Do you see this double standard?

Speaker 6 (08:01):
I love this guy, whoever the hell that is. That's
really I appreciate that question. No, Chuck, chumor Nancy, everybody
knew you how to do it, but they never had
the guts to do it. It does take guts. It
even takes guts for our country to go through it.
That's why I say, be cool. They would taking about
just be cool. It's gonna work out. It's gonna work out,
and it's it's working out. I can tell you working out,

(08:24):
maybe faster than I thought. But I said, it's you know,
it's gonna take a little conditioning. It's a transition to
it's really I think it's a transition to greatness. It's
gonna be greatness. Our country is going to be there'll
be nothing like it, and people investing in our country
they're going to do better than they've ever done before.

Speaker 1 (08:44):
Okay, so let's talk about where we are right now. Effectively,
Trump has isolated China. The terif rate on China, as
I said, has now been elevated to one hundred and
forty five percent. Every other country out there effectively is
in a tariff pause. They are negotiating. I think you
will see in the near future Trump start to announce

(09:07):
trade agreements with England, with Japan, with South Korea, Australia,
countries that we have strong relationships with. I don't think
it will take very long for those new deals to
go into place. In the meantime, what he has now
done is effectively announce hey, this is the United States

(09:28):
versus China. And he has isolated China so that they
are standing alone in terms of how this battle is
playing out. And he has elevated tariffs to now one
hundred and forty five percent on Chinese goods. This handcuffs
China in a substantial degree because China relies on exports

(09:48):
to the United States for a massive part of its
overall economic growth, and if China is not able to
move those exports to the United States, I believe Trump
is right here that China is going to have to
sue for peace, and we will get at some form
or fashion. In theory, a trade agreement that is fair

(10:10):
for America helps to protect American jobs and helps to
allow American business to more fairly compete with China. What
Trump has smartly done is he has recognized now that
every other country is coming to the table and that
we now are going to be in a position to
negotiate better deals there too as well. And here's what

(10:31):
I would also just continue to tell all of you.
I'm going to give you stock market updates here and there.
I understand this is not CNBC, this is not Fox Business.
But what I would encourage all of you to do
is recognize you don't buy and sell stocks, or at
least most of you should not on a day to
day basis. You shouldn't make emotional decisions when it comes

(10:55):
to your investments. And the analogy that I have made
that I think is a really good one is your house.
If you are fortunate enough to own a home, your
home has a fluctuating value. Any given day, it can
be up or down depending on whether someone is interested
in buying your house or not. You don't day trade
homes because you know that the home is the foundation.

(11:18):
You're not only owning an asset, it's also where your
family lives. It's where you put your head down at night.
You're not typically going to be selling your home and
worried about the cost on a day to day basis,
week to week basis, even month to month basis in
an ideal scenario, there are substantial costs associated with selling homes.

(11:39):
As a result, most people, the best investment they ever
make is buying a home, living in that home, and
being able one day to profit on the increased value
of that home. If you treat your stocks like you
treat your home, then you are going to be in
a far better position. And I'm not telling you to
do something different. Then what I do. I buy s

(12:02):
and P five hundred index funds. I put them in
basically my bank accounts, my investment accounts, and I don't
really touch them. And over time, you are going to
make eight or nine percent a year on that, and
every ten years your money's gonna double. If you do that,
you are betting on American growth and the exceptionalism and

(12:26):
the capitalistic dynamism of the entire United States, and you
don't have to worry about day to day market fluctuations
in price. That's what I would encourage you to do,
because emotion often leads you to make poor choices, and
if you make poor choices, then ultimately you and your

(12:47):
family end up bearing the brunt of those poor choices.
What do I mean by poor choices, I mean, by
and large, what often happens is people sell at the
absolute bottom of the market and they buy at the
absolute top of the market. If you just keep your assets.
And by the way, people say, oh, Clay, you've got more.
So what I'm doing the same thing now as I

(13:09):
did a decade ago when I had a negative net worth,
when I still had a lot of school loans that
I was paying off. It doesn't matter whether you have
five hundred dollars to invest or five hundred million dollars
to invest. What I would be telling you is the
exact same advice. We'll take your calls. We've got a
couple of great guests coming your way, Steven Moore. We're

(13:29):
trying to get economic experts on the program. Yesterday we
had doctor Art Laugher of the Laugher Curve, one of
the foremost American economists in the entire country, come on
and talk to all of you today. Steven Moore, one
of Trump's top economic advisors, will be with us. Historically,
Stephen Moore has been at one thirty one of the

(13:50):
smartest guys on the right in all of the world.
Douglas Murray is going to be on to talk about
his brand new book, and those are two guests that
are coming during the course of the day. And as
I said, we will continue to update you on Buck
and carry Sexton baby watch if there is more news

(14:11):
to share with you there. But in the meantime, I've
got you. I'll have you today and tomorrow. At a minimum.
We'll see when Buck comes back as a new dad.
But we appreciate all of you hanging out with us
in what is a dynamic and rapidly evolving media environment
with so much news going on. Again, biggest news story
I would say right now is that the budget resolution

(14:31):
has passed the House, which is going to allow the
big beautiful bill that Trump favors to actually become law,
and that is going to preserve the tax cuts among
other things. As that continues to play itself out, but
I want to tell you, everybody's got a fire extinguish
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(14:54):
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Speaker 9 (16:18):
Making America great again isn't just one man, It's many.
The Team forty seven podcast Sunday's at noon Eastern in
the Clay and.

Speaker 2 (16:27):
Buck podcast feed.

Speaker 9 (16:28):
Find it on the iHeartRadio app or wherever you get
your podcasts.

Speaker 1 (16:34):
Welcome back in Clay Travis Buck Sexton Show. Appreciate all
of you hanging out with us. Stock market stores Yesterday
one of the best days in the history of the markets,
and the ladies on the View, not surprisingly, had a
series of inordinately stupid opinions, even by the standard of

(16:55):
inordinate stupidity for which that show is widely known.

Speaker 2 (16:59):
Sonny Hostin's says Trump actually.

Speaker 1 (17:02):
Was engaging engaging in insider trading.

Speaker 2 (17:07):
Here is cut twelve.

Speaker 8 (17:08):
Trump tweeted out before this little pause.

Speaker 2 (17:11):
He said, this is a great.

Speaker 8 (17:12):
Time to buy, and that's really a whistle to those
billionaires that can or people that have money that can
buy low and then the stock market prices go up.
That's generally called insider trading, and that would ordinarily trigger
an investigation by the Securities and Exchange Commission. We know
now that that's not probably going to happen because all
of these government agencies have been destroyed and dismantled. But

(17:37):
someone with knowledge of an economic policy change that would
cause the markets to shoot back up right before posting
about how great a time it is to buy right
before the policy change happened, would certainly be guilty of
insider trading.

Speaker 1 (17:55):
I mean, first of all, he's the president of the
United States. Everything that he says moves markets. Secondly, you
have to prove, and we probably have a bunch of
insider trading experts, you have to prove that someone benefited
in some way from insider trading. In other words, my

(18:17):
understanding is the president, unlike Hunter Biden, actually has frozen
all of his assets for some time. One of the
ways that presidents handle these sorts of situations is, by
and large they say, hey, I'm not managing my stocks
on a day to day basis. They're outside of my control.
They invest in index funds. I mean, it's absolutely bonkers,

(18:42):
But yes, Sunny Austin, if it could be proven that
Trump was given kickbacks in order to change the to
give the ninety day pause on tariffs, then yes, you're right.
This is drastic insider trading, but crazily sunny Houstin is
not even the dumbest person on the View the Views,

(19:04):
Joy Behar says that Trump is intentionally tanking the economy
for his billionaire buddies so that he can make himself
a dictator. This is her theory. This is what you're
listening to. And you might say, okay, well, why does
this matter? There are millions of people that are listening
to this show on a daily basis. Here is cut thirteen,

(19:25):
Joy Behar with her theory about what's going on.

Speaker 7 (19:28):
He's trying to destroy the country. Now why is he
doing that? So there's a couple of theories. First of all,
if he tanks the entire stock market, not all his
billionaire friends can swoop in and buy everything. Look, that's
not an original idea. That's Hawkim Jeffrey said that, and
in fact, today on Truth Social Trump wrote a great
time to buy hmm.

Speaker 1 (19:49):
There.

Speaker 7 (19:49):
The theory is from James Carville, which I think is
interesting that he wants to stoke such instability and chaos
to consolidate power for himself so that people start to
really go nutspeak, starting to get mad. How mad will
people get and how broke will people get and how
many jobs will they lost? And then he can say, well,
there's too much chaos and now we're going to have
martial law in this country and he becomes a dictator.

Speaker 1 (20:12):
Okay, this is bonkers. First of all, Trump has been
saying it's a great time to buy in America for
a long time. He's a pro American leader. But the
billionaire buddies thing doesn't even make sense. Okay, do you
know where most billionaires have their assets?

Speaker 2 (20:31):
The stock market?

Speaker 1 (20:33):
Whatever losses are occurring on paper are drastically higher for
billionaires than they are for people who are not billionaires.
It doesn't make sense that Trump would allow his billionaire
buddies to make way more money by driving down the
prices of their assets. It again, these are crazy town talks,

(20:57):
and that James Carvel says, Hey, what they're trying to
do is actually create dictator opportunities for Trump. Again, this
is crazy town talk. And I've said this before, but
I do think it bears repeating. If Trump truly wanted
to be a dictator, Let's pretend that he called me

(21:17):
and he said, Clay, what should I do to become
a dictator? The time when Trump had the most dictatorial
powers basically of any president in our lives except for
George W. Bush right after nine to eleven. Do you
know what it was when COVID happened. Do you know
what Trump did? He allowed governors to make decisions in

(21:40):
their states, and he allowed individual mayors to make decisions
in their cities. If anything, if you were going to
criticize Trump, it would actually be for during COVID not
taking more executive authority and giving too much power back
to the states, because the governors of California and New York,

(22:02):
for instance, made disastrous decisions for most of their citizens
because Trump deferred to the principles of federalism. Do you
know who then took over massive amounts of power and
tried to regulate you to the ends of the earth.
Joe Biden when he said if you didn't get the

(22:22):
COVID shot that you could be fired from your jobs.
Do y'all remember that, I bet most of you do.
The only reason that didn't become law was because the
Supreme Court said that Joe Biden didn't have the power
to do it. Biden is the one who actually took
advantage of COVID to implement dictatorial powers. You remember, we're

(22:43):
going to have a winter of death. Remember when Joe
Biden said his patience was running thin if you weren't
getting the COVID shot I do. And again, this is
why the argument that Trump wants to be a dictator
and authoritarian is absolutely bonkers. Okay, some of you guys
went away in I told you I'd take some calls
eight hundred. Uh, you can give us a call to

(23:04):
a two to eight A two Sam in Milwaukee.

Speaker 2 (23:07):
What you got for us?

Speaker 10 (23:08):
All right, thanks for taking my call. I wanted to say,
I actually support Trump's tariffs, and I this is somebody
who's lucky to be well off. My portfolio went down,
you know, by six figures over the last few days.
But I think it's it's good for the country, and
it's good for blue collar working people. And it's the
people who have a lot of money in the stock

(23:29):
market and who profited from outsourcing who are complaining. The
other thing I wanted to ask about is in another
way to bring jobs back to the US, what do
you guys think about replacing minimum wage with an earned
income tax credit? Because you know, China has an unfaired
advantage they treat their people like slaves. They don't have
to adhere to the same safty and environment environmental regulations.

(23:54):
Allowing pre market to dictate a wage and then redistributing
as much or as little wealth as you want with
earned income tax credit would avoid that as well as
encourage people to work.

Speaker 1 (24:05):
Thanks, thank you for the call. We're coming up on
April fifteenth. We have a situation where less than half
of Americans actually pay income taxes. Now, to the caller's point,
a lot of people pay payroll taxes if you have
a job. And the biggest challenge that we have on

(24:26):
a structural level with China is what he just referenced.
The average Chinese worker makes a fraction of what the
average American worker makes. And by the way, people in
China make more money than people in Vietnam or Cambodia.
And so if you're producing a product, you can have
wages that would be considered below slave wages in the

(24:48):
United States to produce products. I mean, Nike is a
good example. This is why I went after the guys
in the NBA so aggressively, because they're very happy to
rip America to shreds. They never point out that China,
for instance, was making Nike shoes back in the day
with legitimate Chinese slave labor. So the modern day slave

(25:13):
masters were actually NBA athletes who were profiting making tens
of millions of dollars off of Nike shoes being produced by,
at least in Xingjiang Province, people who were effectively slaves,
and China was bragging about the fact that the cotton
to make many of these shoes was coming from basically
slave labor production. Now Nike has since pulled some of

(25:36):
its production out of China. They moved into the Philippines.
They didn't do that because they're amazingly great human rights advocates.
They did it because it was way cheaper to make
shoes in the Philippines, because wages went up in China
as China became a more industrialized country and it was
cheaper to go elsewhere. And this is one of the
biggest challenges in general right about production of goods, is

(25:58):
that it is quite a lot cheaper to make goods
in foreign countries where they basically have what we would
consider in the United States to be slave labor wages.
In places like Vietnam and Cambodia. And what China has
done is they have recognized that their overall cheating on
the world trade stage, even in China has been caught

(26:22):
on some level, but they now have moved production to
other countries, which is why figuring out how to rectify
all of their cheating when it comes to global trade
is so complicated. James in Roanoke, Virginia, what you got
for us?

Speaker 11 (26:37):
Well, mister Travis, thank you for taking my call. Longtime
listeners since the mid eighties. I have a question that
I'm really struggling with and I get frustrated when I
hear people say that these illegal that are being deported
have a ride to a trial. And I've always thought

(26:59):
that eagles don't have any rights just based on being illegals,
and so I was wondering if you can help them
with that circa.

Speaker 1 (27:06):
Well, I mean, yes, that's an argument that's going on
right now, for instance, with the deportation of Venezuelan illegals.
And honestly, it's been a huge debate that has gone
to the Supreme Court several different times. And I want
to sound like a lawyer nerd, but this is one
reason why Guantanamo exists because if you don't bring prisoners

(27:28):
into the United States, and Guantanamo initially was created for
nine to eleven prisoners, their rights as enemy combatants are
different than the rights of someone who is being prosecuted
in American court. And again, this gets really far down
into the weeds on exactly what due process rights exist.

(27:50):
The argument here is that because they are here illegally,
they have violated American law, and therefore they are not
subject to the same due process rights that you or me,
or any other American citizen would be. And on the
enemy combatant front, which is another angle where they are
trying to analyze this, if you were seized in a

(28:12):
foreign country, the question of who exactly is an enemy
combatant is actually one that is very complicated inside the law.
So the long way around the question is I think
that the Trump administration is behaving appropriately when it comes
to these individuals. The courts are going to determine exactly
how to classify someone who is here in the United

(28:34):
States physically present, but does not have the legal right
to be here. And so I am of the opinion
that the Trump administration has behaved lawfully. I think the
Supreme Court will agree Trump is on a winning streak.
I think he's won five straight cases in front of
the Supreme Court. But that is the complication that is
associated with it. Thank you for listening for a long time,

(28:55):
and thank you for calling Carol in my tan you
wanted to weigh in on the view. By the way,
public information is not insider trading. Another important aspect here.
When you say something public, insider information typically has to
be something that others do not know. Trump saying now

(29:15):
is a good time to buy is immediately public, therefore
everyone can act upon it. Insider trading would require that
Trump called friends and said, hey, I'm about to pause
the ninety day issue here. I'm about to issue a
ninety day tear pause. You should all go by right now.

(29:37):
That did not seem to occur, at least based on
my watching of the market, because the market did not
pop until Trump officially made the statement on truth social
that he was pausing the ninety days. So public comments
by their very nature are not insider trading because they
are immediately public for everyone but Carol in Montana. I'll

(30:00):
get to Carol in Montana and we come back. Pause
for that, because I need to do this read. But
we'll get to Carol in Montana. I'll get to Greg
and Sioux Falls and Jesse and Aurora, Colorado.

Speaker 2 (30:08):
A lot of you lining up.

Speaker 1 (30:10):
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continuing legal education on what is the difference between a

(30:34):
good shoot that is one that is legal and a
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it can come down to very minuscule factual analysis. You
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you are defending yourself from someone who is trying to

(30:57):
do you harm, but somehow you end up being prosecuted.
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Speaker 2 (32:00):
More time.

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Speaker 9 (32:17):
Sometimes all you can do is laugh, and they do
a lot of it with the Sunday Hang join Clay
and Buck as they laugh it up in the Klay
and Buck podcast feed on the iHeartRadio app or wherever
you get your podcasts.

Speaker 1 (32:31):
News that is out there, Inflation softening down, to two
point four percent, the lowest rate in four years. Prices
actually went down point one percent since the last reading.
Trump has raised tariffs to one hundred and forty five
percent on China, and we have a budget resolution that

(32:55):
has passed the House two sixteen to to fourteen, which
will lead to a tax cut, the big Beautiful bill
as Trump is calling it. Also, we'll add more for
border security, many different moving parts. Their stock market back
down today after one of the biggest days in the
history of stock market rallies yesterday.

Speaker 2 (33:17):
We will dive into that a bit more. But we
bring on now.

Speaker 1 (33:20):
We've been decided Buck and I did a while back,
as the tariff process has played itself out, let's bring
on people with strong economic backgrounds to talk with all
of you. Yesterday we had our laugher on at the
same time. Today we have on Stephen Moore, President Trump's
former senior economic advisor. He is right now the co

(33:43):
founder of Committee to Unleash Prosperity, and we bring him
in now. And Steve and I appreciate you making the
time for us.

Speaker 2 (33:50):
You've been on.

Speaker 1 (33:51):
It's been a couple of years since you were on
with us last What do you think from an economic perspective,
the millions of people listening to us right right now
should know about what President Trump is doing and its impact.

Speaker 12 (34:06):
Well, Klaie, thanks so much for having me. And by
the way, how cool is that you had a laugher
on the most famous economists in the world yesterday.

Speaker 5 (34:16):
That's pretty cool.

Speaker 12 (34:17):
And I have to say that he and I wrote
a piece in the Wall Street Journal on Tuesday urging
Trump to you know, let's just offer these countries zero
terrorists and see if you know they'll lower their terrasts zero,
we'd lower ours. And I think that was the impetus
for Trump putting this proposal on the table, which I
thought was fantastic. That you're right, yesterday was the biggest

(34:41):
point increase in the Doubt Jones in the history of
the stock market. Now it's down today, but it's not
down nearly as much as it.

Speaker 5 (34:49):
Was up yesterday.

Speaker 12 (34:49):
And then look, this is going to be a top
sea turvy market for the next number of months until
we get this settled. But I got to tell you,
having worked with Donald Trump and seen him in action
out front and personal, this guy is three steps ahead
of everybody else on the chess board.

Speaker 5 (35:04):
He is a master negotiator. He knows what he's doing.

Speaker 12 (35:08):
And in the end, I think from my first advice
to people, just now would be a terrible time to sell.
You never want to sell, you know, when stocks have
been falling. That's violating the first rule of stock convesting.
You want to buy low and sell high. But sometimes
people get panicked.

Speaker 5 (35:28):
That's number one.

Speaker 12 (35:29):
Number two. I believe what Trump is trying to do
from an economics standpoint is his strategy is to isolate
the bad actor, the new Soviet Union of the world,
and that is China. China is a country that is
a national security and economic security threat to the United

(35:52):
States is I think they are to the free world,
And so what he's trying to do, I think is
unite the rest of the world against a kind of
decouple from them because because they are such a threat.
And I think that strategy can work. But we're going
to find out. We're going to really see whether or
who are friends and allies are and who are our enemies?

(36:14):
Will where will Europe be? Will they stand with us?
What about Britain? Will they stand with us? What about Japan?
What about Canada? We need to unite Trump is the
guy to do it.

Speaker 5 (36:24):
But we'll see.

Speaker 1 (36:26):
Okay, So let's dive into this. You mentioned people who
own stocks right now, which is a huge percentage, Yeah,
huge percentage of our audience out there, either in pensions
for oh one k's or people buying it and selling
individual stocks. What would you tell people who are nervous, apprehensive,
maybe pay attention to stock prices only when they're really

(36:48):
kind of popping in one way or the other. How
should they handle emotional reactions to valuations on the stock
market from your perspective as a highly try trained, highly
successful economist.

Speaker 12 (37:03):
Well, I'm an economist. I'm not a financial analyst, and
sometimes sometimes economists are not great stock pickers. Of the
great greatest economists who ever lived was Milton Friedman, and
he was terrible. It's not investing, so yeah, I'll say
that as a prelude to But the advice I'm going
to give to your listeners is really pretty straightforward, and

(37:24):
I think almost every financial honest would agree with me.
It's called stops for the long run. So in other words,
if you're investing for you know, for it returns five
years from now, ten years from now, twenty years from now,
depending on what your age is, you want to be
in the American stock market, it goes up.

Speaker 5 (37:41):
It goes up. Now that doesn't mean that you.

Speaker 12 (37:43):
Get these kind of downturns, but the real rate of
return of the US stock market since the New York
Stock Exchange opened its stores, it is like seven percent.
So what I'm saying is, if you don't have to
take your money out, if you're not cash squeezed right now,
keep it in the market. It's going to do well
over time. And again I'm not saying a you're from now,
maybe you're from now, maybe a little bit lower. What

(38:06):
I'm saying is I feel very very strongly that three
years from now, five years from now, you're going to
get a nice return on your money. And if anything,
I'd be buying stock right now, not selling it.

Speaker 1 (38:17):
Okay, let's go into China in particular, because this is
obviously now the focus based on the way the President
has responded with yesterday's news, he really has isolated China.
Tariffs up now to one hundred and forty five percent
on China. From your perspective, what does a fair economic
deal with China look like?

Speaker 12 (38:39):
Well, China cheats, They steal They steal our intellectual property,
they steal out patents. It is a very predatory nation.
So I think we have to be very tough with China.
And and by the way, you're talking to a guy
who's a free trader. You know, I like free trade.
I'm not a big fan of tariff's. I agree with

(39:00):
eighty percent of what Trump is doing. I'm not a
huge fan of terrists. My only the only thing I
would fault Trump on is that I think we should
you know, why is he going after Canada and some
of our allies. We really have to focus on China,
and that's I think that's where he is right now.
So that's that's the issue. I mean, come on, China
is on the verge of possibly invading Taiwan. They're building

(39:23):
up their military in a very aggressive way. They don't
They're tariffs are three to four times higher than ours are.
And I want to make sure that your listeners understand this.
You know, I do a lot of I'm doing like
the BBC, I do a lot of like media in
like Europe and Japan. You know, they're interested what Trump's
going to do, and they're so self and they're self righteous,

(39:45):
and they're They're like, why is Trump doing this? He's
starting starting a trade war? And I said, wait a minute,
what are people talking about.

Speaker 11 (39:52):
We have the lowest tariffs.

Speaker 13 (39:53):
In the world.

Speaker 12 (39:54):
Their terrorists are higher than ours, So how can they
say we're starting a trade war.

Speaker 1 (40:00):
No, it's a fantastic question. And when we've been asking
on this program for some time. Okay, so you in
general are a free trader. There is a tension and
it certainly has been i think exposed to some degree
between say Elon Musk, who is more of a free
trader than not, and Peter Navarro, who is very much
not a free trader. So here is the challenge, so

(40:22):
far as I can see it is you kind of
have a schism. For lack of a better way to
describe it, what Trump is advocating for, on one hand
is free trade, and yesterday talking with Art Laugher, I said,
free trade with Europe can make sense, Japan, South Korea,
so called good actors. Right, for lack of a better
way to describe it, then there are I think it's
fair to say bad actors.

Speaker 2 (40:43):
In China would be the most prominent and powerful among them.

Speaker 1 (40:46):
How do you balance the free trade perspectives with a
country that is not committed to free trade and end
up with a deal that makes sense across the board
from your perspective.

Speaker 12 (40:58):
Well, that's a great question, and I'm going to give
you a kind of historical parallel. You know, in the
nineteen thirties, you know, we were a pretty free trade country,
and we were trading with Japan. You know, we almost
literally sold them the lead and the steel that they
used for the bombs that they dropped on Pearl Harbor.
So that was kind of a dumb thing to do.

(41:18):
And so do we really want to do that again
with China? I say no, I think we need to
really be very cautious about China. I also like and
by the way, Trump has changed my mind a little
bit on this stuff because I've watched him in action.
I used to be like, a unilateral free trader, we
should have low terrace, no matter what other countries do.

Speaker 5 (41:38):
I no longer believe that.

Speaker 12 (41:39):
I think Trump is right that. Look, I like this
idea of reciprocity. If you're going to hit up, if
you're going to hit us in the nose with a
twenty percent terraft, you know what we're going to hit
you in the nose, and if you keep it up,
you know we're going to ratchet it.

Speaker 5 (41:53):
I think at the.

Speaker 12 (41:53):
End of the day, I really believe this that Trump
is going to force these other countries to play other rules,
create a level playing field that benefits everyone.

Speaker 1 (42:03):
Okay, we're talking with Stephen Moore, Trump economic advisor, very
successful economists. Let me ask you this question big picture.
I'm sure you remember this well. I was a young
guy at the time. But in the nineteen eighties, those
of us who remember the nineteen eighties, the idea was
sure Japan was going to buy up everything. Their economy
was on fire, they were growing like crazy, and there

(42:26):
was a great deal of fear about Japanese ownership of
American assets.

Speaker 5 (42:30):
Yeah.

Speaker 1 (42:31):
Now forty years later, the japan economies around the same size,
ish at least according to the stock market. Is China
somewhat like Japan where you're going to see this massive
growth and then they're kind of going to run into
a wall now here we know the demographics. China's population
is but likely begun to decline. You know, there are

(42:52):
also it's getting more expensive to make goods in China,
which is how as economies rise, the expectation of workers increases.
Do you see a parallel potentially between the rapid rise
that we saw with Japan and then the plateau with
what we have seen with China as well?

Speaker 5 (43:09):
Yeah, and even more so.

Speaker 12 (43:10):
Look, China is a centrally planned economy that is run
by their government. It is run out of Beijing. One
lesson of history. You're a history historian. I am a
bit too. One of the most important lessons of economic
history is that central planning does not work right.

Speaker 5 (43:28):
It does not work.

Speaker 12 (43:29):
It didn't work for the Soviet Union, It's not going
to work for China. So China's economy will implode. And
I'm not saying it's going to happen next year, but
it will implode. It's going to happen because you know,
we have a free enterprise system where we let capital
markets and our small businessmen and women make the decisions.

Speaker 5 (43:45):
They have the government making the decision. Who are you
going to bet on?

Speaker 13 (43:48):
No?

Speaker 1 (43:48):
I agree, okay, So let me ask you this last question.
I appreciate the time. I know how busy you are
doing interviews all over the world. Who has more short
term pressure on them in a tara for by your
analysis China or the United States whose economy suffers more
as we go back and forth stare each other down.

Speaker 12 (44:07):
Well there, look, you know when we sneeze, China catches pneumonia,
they have to trade with us. If we if we
stopped at trading with China, it would hurt our economy,
but their economy would go into a great depression. That's
the leverage that we have over China. And Trump is
playing that card. But it's a complicated question because they

(44:27):
don't face elections.

Speaker 5 (44:28):
Yes, President Gee, what's going to stop him?

Speaker 12 (44:30):
He may he may be willing to throw his economy
and do a depression. You know, Luckily we are a
democratic country and so you know, our pain threshold is
probably a lot of less.

Speaker 5 (44:39):
Than theirs are because they're run by a dictator.

Speaker 2 (44:42):
No doubt.

Speaker 1 (44:43):
Well, that's an interesting way of contemplating it. What I
know I said last question, But what do you think
Chairman z is hearing and thinking as this process plays out.
I think a lot of people can get into Trump's
mind and understand the United States perspective. What do you
think the China perspective is right now?

Speaker 5 (44:59):
I think there's scared you know, it's not being covered
by the media, but their market has fallen much more
than ours.

Speaker 2 (45:04):
Haas.

Speaker 12 (45:05):
Yeah, you know they're facing there, are facing a very
very severe recession.

Speaker 5 (45:09):
So I think they're freaked out right now. They don't
know how to deal with Trump.

Speaker 12 (45:12):
I think Trump is as the upper hand here, and
I'm going to bet on Trump in America, not China.

Speaker 1 (45:17):
Steven Moore, I loved the editorial that you and Art
laugher pin for the Wall Street Journal. We appreciate you
coming on and thank Art again. I need to text
him to thank him for coming on yesterday. We appreciate
your expertise, and anytime you want to come on, let
us know.

Speaker 5 (45:32):
Okay, thanks so much, Take care.

Speaker 2 (45:33):
It's great. I mean, you just heard from two of
the most prominent economists in the world, frankly in the
last two days.

Speaker 14 (45:40):
Here.

Speaker 1 (45:40):
I'll take some of your questions. By the way, the
cabinet meeting continuing right now as I am looking up.
Elon Musk is attending the cabinet meeting and speaking is
live right now on CNN and Fox News. We are
monitoring it and we will bring you whatever we have got.
In terms of news there, look down with Buck last

(46:01):
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(46:21):
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Speaker 9 (48:00):
Stories of freedom, stories of America, Inspirational stories that you
unite us all each day. Spend time with Clay and
find them on the free iHeartRadio app or wherever you
get your podcasts.

Speaker 1 (48:14):
Welcome back in Clay, Travis Buck Sexton show. Appreciate all
of you hanging out with us. We are joined now
by a author, journalist, all round incredibly talented guy, Douglas
Murray new book on Democracies and death Cults, Israel and
the Future of Civilization. We appreciate you coming on. For

(48:35):
those of you watching on video, the book is up
beside me. Let's start right here. I got to go
to Israel in December for the first time ever. I
went to the kibbutz's on the border with Gaza. I
went all the way to the north in Lebanon. I
was blown away by the concept which I should have
understood before, but I didn't until I stood on the
ground that Israel really is the front line of Western civilization.

(48:58):
If it falls, then Eastern civilization is in trouble. I
know this is a big part of the book argument
you make, but do people really understand the stakes, the
consequences of what's going on in the Middle East, and
more alarmingly, the fact that a lot of people in
America and other Western civilizations have lost the ability to
distinguish between good and evil.

Speaker 13 (49:19):
It's very good to be with you and your listeners again. Firstly,
the book is an attempted to describe the atrocities of
the seventh of October twenty twenty three, how they came,
about what happened. I've been there in the zone of
the conflict for most of the last year and a half,
and so it's a first hand account as well as

(49:40):
a tempt to write first draft of history about the
atrocities of that day. But the other thing that the
book is really about is a much bigger question. Is
the one, as you say, that affects us here in
America and the rest of the West, which is why
when a democracy and how I of ours was attacked

(50:02):
so brutally, the twelve hundred people massacred, two hundred and
fifties innocent civilians taken hostage, why did so many people
here in America side not with the democracy, but with
the deaf cult of Hamaz. And I come to not
just ask the question, but also I hope to try

(50:22):
to answer it. And one of the things that we've seen,
and I relate that I saw it straight away early
on on the eighth of October, as the massacre was
still going on in Times Square in New York, I
saw the demonstration of people supporting the terrorists supporting Hamaz.
In the year and a half since, we've seen this

(50:43):
disgusting outburst of hatred against the Jewish state and against
the Jewish people. Just two days ago at Princeton University,
Jewish students were screened at by other students telling them
to go home. The reason, in part, but as you know,
and you've covered so well on your show, is that

(51:04):
we have lived through an era in which America, the West,
all of our allies are seen as the bad guys
over and over again. And if I have a rule
that I've developed in the last fear and a half,
wherever I've gone in America, when I see an anti
Israel protest, I notice that they fly the Palestinian flag.

(51:26):
They may fly the flag of Hamas or Hezbolah one
of these other terrorist groups. They never fly the American flag.
In fact, when they find an American flag, they'll burn it.
Compare it with the pro Israel demonstrations that have happened.
They always have the flying of the Israeli flag and
the flying of the American flag, and the singing of

(51:46):
the Star Spangled banner and more. The people who have
been most vocal again Israel since the massacre are people
who have also told us that they hate Israel first,
but they hate America and the West most. And anyone
who thinks that that is some kind of hyperbole, just

(52:07):
consider that the student group of Colombia most supportive of
Hamad says in its founding statements that it seeks as
its aim the quote complete destruction of Western civilization, the
complete destruction of Western civilization. They see Israel as being

(52:28):
the nearest targets as Hamaz does, but not the last targets.

Speaker 1 (52:33):
Why do you think young people, compared to older people
in the United States in particular, are so susceptible to
the argument that Israel is a force for evil and
that in some way the Palestinians or the larger Middle
Eastern community is a source of good, even in the
wake of October seventh. Why has that worked with so

(52:57):
many young people.

Speaker 13 (52:59):
I believe that because they've been prepared for this moment
very carefully for years. I said in my last book,
The War on the West, that Americans, this generation of
Americans coming up, were being taught hatred of America and
hatred of the West.

Speaker 14 (53:16):
We have seen in America the whole great history of
America rewritten. In recent years, students and others told that
to be an American is to be born into guilt,
to inherit the guilt of slavery, of white supremacy, of colonialism,
of genocide, and much more. Look at what the pro

(53:38):
Hamaz anti.

Speaker 13 (53:39):
Israel demonstrators on American campuses accuse Israel off. They accused
of Israel completely falsely as falsely against America. They accuse
Israel today of genocide, of ethnic cleansing, of white supremacy,
and of all of the sins that they have been
told they solves are the Americans born in the twenty

(54:02):
first century are guilty of. This is what a psychologist
would call projection on a massive scale. Tell me what
you accuse the Jewish state of, and I'll tell you
what you've been taught that you are guilty of.

Speaker 2 (54:17):
We're talking to Douglas Murray.

Speaker 1 (54:18):
The book is on democracy and death, Cults, Israel, and
the future of civilization. What should happen? You know, we've
heard a lot from people in the Trump era talking
about the right and wrong side of history. If you
can see the massacre of Jews, the worst day since
the Holocaust on October seventh and not recognize what the

(54:42):
right and wrong side of history is. How do we
rectify that? What should people who are smart enough to
know better be doing well.

Speaker 13 (54:51):
I believe that young people in the West, not just
America but principally America, but also I've seen this in
the last few and a half Autralia and Canada and
Britain and elsewhere. They've been taught into this Western self
hatred and hatred. Now that's been taught. Older generations of
Americans do not hate America because they weren't taught to

(55:15):
hate America. Older generations of Americans don't hate other democracies
because they weren't taught to hate other democracies. Part of
this generation, not all of them. There are some great
young people coming up, but part of this generation has
been taught this hatred. I believe that it is going
to require a generation to teach them out of it.

Speaker 2 (55:40):
I think that's well said. We're talking to Douglas Murray.

Speaker 1 (55:42):
The book I encourage you to all to go check
it out is on Democracies and death cults.

Speaker 2 (55:47):
It's out right now.

Speaker 1 (55:49):
You mentioned younger generations and the need to teach them
about what actually has taken place. How much of this
is the perverse idea that you built on here that
white people are to blame for everything, and that Jewish
people are just seen as white and therefore in the
left wing anti American and anti Western perspective, there is

(56:14):
no ability to grapple with the idea that someone who
is of lighter skin could actually be a victim here.
I mean, I think is partly a function of just
the broken worldview at play.

Speaker 13 (56:26):
I think you're completely right. The thing that this generation
has been taught, the thing that has been across our media,
whether it's a New York Times sixty nineteen project, whether
it's radical Democrats talking about white guilt and all of
this sort of thing, always the Jews are going to
become a victim of this. And sure enough, the people

(56:50):
who believe that they're against racism are accusing.

Speaker 5 (56:54):
Again.

Speaker 13 (56:54):
It goes back to this thing. It's a mirror of
their own sins, as they've been told them ways they
accuse Israel of white supremacy.

Speaker 5 (57:03):
I mean, you've been there, yeah, like me.

Speaker 13 (57:06):
It's one of the most ethnically racially diverse countries on
the planet. One third of people in Israel of European
descent one third. The other two thirds are Middle Eastern.
They are from countries across the region historically who were
chased out of those countries Iraqi Jews, Persian Jews, Assyrian Jews,

(57:31):
and many others North African Jews. To see white college
campus kids in America accusing black Jewish Israelis of white
supremacy is even by the standards of our time and
even with our probably wearied ability ability to be shocked,

(57:52):
absolutely shocking and shocking, not least just for its sheer ignorance.

Speaker 1 (57:58):
When you look Douglas Murray, the author of On Democracies
and Death Cults, encourage you to go read the book
what you just said, the you know, white American college
kids coming after this. When I went to Israel, the
other thing that stood out was Trump being called Hitler
when Israel, if it could vote in the American presidential election,

(58:20):
would have voted like Wyoming did or like West Virginia did.
That is basically seventy thirty pro Trump as someone who
doesn't live in America. And when you hear that argument,
how outrageous and outlandish is that analogy for our current
president when it comes to his relationship with Israel.

Speaker 13 (58:41):
Well, just one quick thing, I actually do live in
America when I'm not living in various war zones. I
hotfooted it from my native Britain some years ago for
very good reasons, and I'd like to think I'm one
of the better American importance of research.

Speaker 2 (58:56):
We'll accept you, yes, thank you.

Speaker 13 (58:59):
Not to say but you know, because I love this country.
I love America, I love the founding Fathers, I love
American history, and I love American people. So it grieves
me enormously to see some of the wild, wild hatred
and wild claims that people have been encouraged into in
recent years. Many people have been persuaded that basically, you know,

(59:26):
all of the history is just the nineteen thirties and forties.
They only know one bad person in history, and that's Hitler,
and their aim is to be anti Hitler, which is like, wow, guys,
that was a very brave and important thing to be
in the nineteen thirty and.

Speaker 1 (59:43):
Forties, by the way, when many of the people were
not actually anti Hitler, when it would have been helpful, right.

Speaker 13 (59:49):
Exactly, It would have really helped if there'd been more
anti Hitler people in those days. But history is a
bit more complicated when you're going through it, and we
are going through it now. One of the things that
we've se in the last eighteen months is how many
people who regard themselves as being anti racists are in
fact the racists. How many people who think they're anti

(01:00:12):
Nazi are literally siding with a Nazi movement Hanaz. How
many people who think they would have been on the
right side in the nineteen thirties and the nineteen forties
are on the side of an anti Semitic and anti
Western Deaf cult today. The people who told us for
ten years to believe all women are the people who

(01:00:34):
don't believe Israeli women who were raped on the seventh
of October. This tells us nothing about the Jewish state
or the Jewish people. It tells us everything about the
people who have been lecturing us for years now, and
how wicked they can be.

Speaker 1 (01:00:52):
Douglas Murray, last question for you. You hit on something
that I think is hugely important we have in a
historically illiterate country. Your point is, yes, basically, the only
historical analogy many people seem to be able to make
is too Hitler and too World War two how much
of all of this is rooted in America, but also

(01:01:13):
Western civilization in general, not having educated its people in
terms of real history and having much of a depth
of knowledge at all.

Speaker 13 (01:01:23):
Well, I'll tell you it's obviously. The ignorance of history
is profound everywhere, not just in America. Across the West,
young British and Canadian school children and college students are
also being taught versions of the same rot. One of
the things I finished this book on, though, is to say,
why not regard this as I do, as a civilizational

(01:01:44):
moment and a civilizational test. We all weigh ourselves up
against the greatest generation of World War II, and we
should we ask ourselves, would we do what our forefathers
were able to do when the time of trial came.
You can take the route, if you're a young American
of being led into the grievance culture, the victimhood culture

(01:02:04):
that you and I have spoken about for years and
that we hate. But you can also choose another route,
and it's the route that the young men and women
of Israel who I had the honor to be with
in Gaza, in Lebanon, in Israel in the last eighteen months.
It's the route they have chosen, which is the root
of heroism. Protecting your people, protecting your faith, protecting your family,

(01:02:28):
protecting your way of life, and knowing that your way
of life will only continue if you're willing to fight
for it. I'd like to see Americans learn from the
Israeli youth on this, because if they do, we have
a bright future too.

Speaker 1 (01:02:43):
Well said the book on Democracies and Death called Douglas
Murray good luck on the trail, and I hope you
sell a lot of books. I know this audience will
be very receptive to your book and the argument you're making.

Speaker 2 (01:02:54):
Thanks for everything you're doing.

Speaker 13 (01:02:56):
It's great to be with you. Thank you.

Speaker 1 (01:02:58):
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