Insider Trading?

Episode Transcript

Speaker 1 (00:00):
Six one seven two six Sex sixty eight sixty eight
is the number Ken in New Hampshire. Thanks for holding
Ken and welcome.

Speaker 2 (00:12):
Good morning, Jeff hi Ken. I'd say we just witnessed
Operation Smokeout yesterday. No, it stands the button. I'm going
to lighten it up a little bit from the lot
of half hour because those are very serious issues as
far what do we do with pharmaceuticalceuticals. But I'm viewing
something that we see over and over. It's like a

(00:33):
cartoon road runner with the lead character is Trump and
all his enemies and adversaries are the coyotes stuck with
the acme dynamite that keeps blowing up in.

Speaker 3 (00:46):
Their face.

Speaker 2 (00:48):
Because literally he's got the next step figured out and
they're like a week too late. Because that's the reality
we're seeing. It amazes me that people haven't thought through. Okay,
he did what he did yesterday. What does that set up? Well,
it sets up the tax because why was it ninety

(01:12):
days Because we're going to have to pass a tax
bill or government our next budget, which is going to
include tax cuts and guess what with these ten percent
minimum tariffs and what ab one hundred and some percent
of China. Guess who's going to do the scoring on that,
the CBO, And how do they do this scoring?

Speaker 1 (01:33):
Oh?

Speaker 2 (01:34):
Static model. Oh that's going to come up to about
a half a trillion dollars of revenue to the government,
which we can send back in tax cuts, can't We
makes it a hell a lot easier and much easier
to sell to a tightly divided Congress. And he has
a little charriot under the story that I'm foreseeing is

(01:56):
he's going to bump up the top tax rate by
a half a percent, kneecapping the Democrats and theirs from
the rich because they allow no argument.

Speaker 1 (02:09):
All gone, Ken, I hope people are. I hope the
Trump team is listening because I agree with you. I
think the timing is not coincidental. I think the tax cut,
that one big, beautiful bill, is going to lead to
an unprecedented economic boom. And You're right. I would on

(02:29):
the top rates, I would bump it up a little bit,
not to do it too much, but I'd bump it
up a little bit just to take that argument, you know,
that arrow away from the Democrats as quiver. But I
want to go back to your your first point because
I think you're so spot on. The Democrats, rhinos. Trump's
critics keep underestimating Trump. To be honest, I think it's

(02:53):
Trump's secret weapon. They underestimated him in twenty sixteen during
the election. They under estimated him during his entire first
term as president. They underestimated him when he was in exile.
They thought, well, the law fair was definitely going to
bury him, he would never come back. He did. They
underestimated him again against Kamala Harris, and they keep underestimating him.

(03:16):
And I think they underestimated him again on these tariffs.
The Democrats really thought China was going to clean his clock.
They really thought that the stock market was going to
like completely crash, and that the American people would turn
on him, the world would turn on him, and that
the whole world would run and turn to communist China.

(03:37):
And Trump literally flipped the entire script again, an absolute masterstroke.
And they keep underestimating Trump. And to be honest, Ken,
that's what I keep telling my wonderful wife, Grace. You know,
she's always I'm worried about this. I'm worried about that.
I think he's making a mistake here. I think he's
making a mistake there, and I'm like, you see, you

(04:00):
keep underestimating him. He's playing three dimensional chess. He's multiple
moves ahead of his opponents and his critics, and I
think yesterday he showed it again.

Speaker 2 (04:15):
Ken.

Speaker 1 (04:16):
Thank you very very much for that call. Agree disagree?
Mark in New Hampshire, Thanks for holding Mark and welcome.

Speaker 4 (04:26):
Hey, good morning buddy, Mark.

Speaker 1 (04:28):
How are you, my friend?

Speaker 5 (04:30):
I'm doing well, sir.

Speaker 6 (04:31):
Hey listen, you know, as far as all this stuff goes,
I think it's fantastic and I love it. I love
the nations that coming to the table wanting to renegotiate,
and you know, good on Trump forgetting this stuff done.
But you know me, Jeff, I get my head off
the pillow in the morning and I say, what can
the lunatics do next? So my theory is this, Jeff,

(04:53):
You're going to now here in the media and from
the Democrats that this was stock market manipulation. Jeff, I
don't see more than three months from now, Southern District
of New York is going to try to indict him
on SEC violations and all these other things, saying then
he intentionally manipulated the stock market to benefit himself and

(05:16):
to benefit wealthy donors, and they're gonna get a paid informant,
I mean, excuse me, anonymous whistleblower who's gonna say that
they overheard advisors of Donald Trump saying that they were
going to release the date when they were going to
lift the tariffs so people could maximize their wealth.

Speaker 5 (05:37):
And they're going to.

Speaker 6 (05:38):
Push an indictment on this, Jeff, and the media is
gonna love it. They're gonna say he did this. He
doesn't care about hurting the working people, he doesn't care
about your retirement. He did this to enrich himself and
his wealthy donors.

Speaker 1 (05:51):
You know, Mark, I wish I could disagree with you,
but I'm telling you I can't because almost right on Q,
that's exactly what the Democrats were saying yesterday. The minute
they heard that Trump was now implementing a ninety day
tarot pause, a tariff pause, they start Schiff is going nuts,

(06:11):
Schumer's going nuts. Hakim Jeffries is losing his mind. They're
all like, exactly what you just said. This says insider trading,
That's says market manipulation. Who got rich off of this?
Billionaires his friends? We need an investigation. You can't make
this up so he did what they wanted him to do.

(06:36):
Schiff literally said, well, he's got to do a ninety
day pause. Oh, he can't keep these tariffs on all
these other countries. He's got to stop in an historic
move yesterday one for the ages, really textbook art of
the deal, baby, Donald Trump ninety day pause on the

(06:56):
global tariffs, but he increases the tariff on China to
a crushing, devastating one hundred and twenty five percent. It's
going to be for three months this time, this tariff pause,
where he will be renegotiating with about one hundred countries.
For China, the one twenty five is going to remain

(07:18):
until Xijin Ping Kri's uncle. Six one seven two six
six sixty eight sixty eight is the number. Okay, just
very very quick, you can text the cooner man seven
zero four seven zero seven zero four seven zero. This
is from six Tozho three.

Speaker 2 (07:35):
Jeff.

Speaker 1 (07:36):
What we just saw is beyond the art of the deal.
This is the art of the Deal meets Sun Sous,
the art of war. And the real kick in the
stones for the Chinese is that President Trump is literally
using the tactics of China's most famous ancient war general

(08:01):
against them. She would do well to read the book
and it would make a great gift for grace as well.
Game set and match. I agree, you know, and has
six ZH three. Absolutely, I think brilliant analogy. It's the

(08:21):
art of the deal combined with the art of war.
He baited g he suckered g in, and then he
dropped the hammer. And now she's got nowhere to go,
nowhere to go, and he's now locked into a trade war,
an economic war, a tariff war that he and the

(08:44):
CCP cannot win. Six one seven two six, six sixty
eight sixty eight is the number. Okay, let me read
one more. This is from six one seven Jeff, I
hear what your caller, And this is Marilyn in Norwood
is saying about the importance of respect and face honor

(09:08):
in Asian culture. But this applies to friends, not enemies.
Communist China is our enemy. China is our mortal enemy,
no different than the Access powers in World War Two.
The CCP is dedicated to the destruction and domination of
the West. Their regime respects nothing of us. We must

(09:35):
defeat that regime and not negotiate with it. And so
I ask your caller, Maryland, what as respect for the
CCP gotten us so far? Well, that's that's my position.
I understand the honor culture, the face culture, the culture
of respect, but all we've done is laid down for

(09:57):
them for twenty five years. Has cheated us more. No
one has stolen more from us, No one has misabused
us more, mistreated us more, taken advantage of us more. Frankly,
to be blunt, economically, raped us more than the Chinese

(10:17):
Communist Party. This is now the time to bury them
once and for all. Agree, disagree, Let me throw this
log on the fire, and I want to get all
of your take on this. Trump and his Treasury secretary
came out yesterday saying that this was deliberate on the

(10:39):
part of the President, that this was his plan, this
was his strategy from the beginning, and that he laid
a trap. He knew he was going to maximize his
negotiating position with all these other countries in the world,
the Europeans, the Canadians, the Mexicans, the Japanese, a lot
of the other Asian countries, and by asking for imposing

(11:03):
very high tariffs to set up a ninety day negotiating
period where they will now renegotiate and it'll be on
terms much more favorable to the United States and American workers.
But they also knew that China, a bully, belligerent, a

(11:24):
predatory power, would try to throw its weight around and
try to trigger a global trade war in which they
believe that the world would swing to them and not us,
and instead the very opposite happened. I want you to
listen now to Scott Bessant saying we laid the trap

(11:47):
and China fell right into it. Roll cut five. This
is Bessint, Secretariat of the Treasury, on Fox Roll cut five.

Speaker 7 (11:56):
Mike, I think it's unfortunate that the Chinese actually don't
want to come and negotiate because they are the worst
defenders in the international trading system. They have the most
imbalanced economy in the history of the modern world. And
I can tell you that this escalation is a loser

(12:18):
for them. That they have some very smart the economists,
the academicians, technocrats within their bureaucracy, and they would be
telling the leadership that we do not have the edge here.
They are the surplus country that their exports to the
US are five times our exports to China so they

(12:43):
can raise their terrorists.

Speaker 3 (12:44):
But so what then go so what?

Speaker 1 (12:48):
So what you see now their strategy of the last
twenty five years is blowing up in their face because
they've been saying, We're going to export, export, export, and
import almost nothing. And this would we run trade surplus,
trade surplus, trade surplus. We dumped these cheap goods into
especially the United States, but in countries all over the world,

(13:09):
and we take their jobs, we take their factories, we
take their wealth, we take their money. But now you've
gotten the leverage. Listen now to bestn't saying this was
Trump's plan. I know I spoke to him. We were
talking about this for weeks. This was the plan all along,

(13:33):
roll cut six.

Speaker 8 (13:35):
Mike, how much in this decision was driven by the
bond market careering over nine when kids company, but China
selling their buns.

Speaker 9 (13:44):
Yeah, I am nothing that says that. And we actually
had quite a good tenure auction today. And all this
was again, this was driven by the President's strategy. He
and I had a long talk on Sunday, and this
was his strategy. And that you know, you might even
say that he go to China into a bad position.

(14:07):
They responded, and they have shown themselves to the world
to be the bad actors, and we are willing to
collaborate with our allies and with our trading partners who
did not retaliate. It wasn't a hard message. Don't retaliate,
things will turn out well.

Speaker 1 (14:25):
Don't retaliate, things will turn out well. And nobody retaliated
more than China. Trump flushed him out. And now the
Chinese are going to pay and maybe they've just made
the ultimate mistake. We'll see, we'll see. Joe in Abington,
Thanks for holding Joe.

Speaker 3 (14:45):
And welcome.

Speaker 4 (14:48):
You mentioned a term about Coffer is playing three dimensional
chess and I want and I started to think, like,
how is he doing it?

Speaker 5 (14:58):
And then hit me.

Speaker 4 (15:00):
Way before the trade war started, Trump was working with
Ukraine and Russia and he put into the deal that
Ukraine would pay us back with rare earth minerals because
Trump knew the trade wall was coming, he knew China

(15:20):
would not be cooperative, and he was looking for places
to replenish things that we needed. That's three dimensional chests.

Speaker 1 (15:35):
Oh, you're dead on, Joe, You're absolutely dead on. Look
doesn't his move on Greenland now look completely different? In retrospect.
Remember it's like out of a blue leg. Why is
he you know, he wants to buy Greenland. He wants
to make a deal with Greenland.

Speaker 8 (15:50):
I could just add to what the secretary said, Many
of you in the media clearly missed the art of
the deal. You clearly failed to see what President Trump
is doing here. You tried to say that the rest
of the world would be moved closer to China, and
in fact we've seen the opposite effect. The entire world
is calling the United States of America, not China, because
they need our markets, they need our consumers, and they

(16:12):
need this president in the Oval Office to talk to them.
If that's exactly why more than seventy five countries have called.
Because the United States of America is the best place
in the world to do business, and as the President
has shown great courage, as the Secretary have said, and
choosing to retaliate against China even higher.

Speaker 1 (16:30):
That, of course, was Caroline Levitt, and I think she
hit the nail right on the head eight point fifty
here on the Great wrko Jeff Kooner Boston's Bulldozer. Couple
lines are open if you want to jump on six, one, seven, two,
six six, sixty eight, sixty eight is the number. Okay,
do you agree with what Trump did yesterday? That's number

(16:52):
one and number two. Do you believe this was Trump's
plan or strategy the whole time? And I just want
to read a text that I got from Grace, my
wonderful wife. As you know, she's been against Trump's tariffs
almost from the beginning. Not in theory, but she thinks

(17:13):
he should have waited, sequenced it, better, gotten his big
beautiful bill passed, phased it in, maybe just focus on
China and not attempt to tariff other countries around the world. Well,
this is what she wrote to me, Jeff. There's no
other way to say it, so I'm gonna say it.

(17:36):
This was a huge about face and surrender by Trump.
He blinked the bond market was against him. He saw
that the tariffs were blowing back against him from other countries.
He was losing his trade war, and so Liberation Day

(17:56):
only lasted a few days, and then he backtracked by
giving a ninety day pause and trying to focus only
on China. He didn't have to cause this much disruption,
this much economic damage, this much chaos in the world,
This was badly thought out, badly planned out, and Trump

(18:21):
now is just trying to say face. So do you
agree that According to Grace, yes, she's happy he pivoted.
She's very happy that it's a ninety day pause. The
market is now rebounding. Stock market soared yesterday, investors' nerves

(18:42):
have been calmed. We're looking at a ninety day negotiation
where we're going to get much better deals. But she's
saying it's done tremendous short term damage because this was
not his strategy. It was poorly thought out. He fought
a trade war, and he wasn't able to win his
trade war. So essentially it's a retreat. He's keeping the

(19:03):
levees on China in order to say face. Do you
agree with Grace on this issue? Six one, seven two
six x sixty eight sixty eight, I, of course disagree,
but that's me. I want to hear from you, Robert
in the great state of Maine. Thanks for holding Robert.

Speaker 6 (19:23):
And welcome.

Speaker 3 (19:26):
Jeff, Jeff, Jeff, thank you for all you're doing for us. Listen,
three quick points. Grace is usually right, but she's wrong
on this and that's okay. And you know, say with
red Paul. He's basically a good guy and helped us
a lot with that crub Fauci. He's wrong on this,

(19:49):
so just cut him a little slack, you know what,
Doc to another doc, we're not the best people in
the world for business. And you know he wanted to
send the committee to negotiate a business deal, just like
they did at Versailles, and we saw what that happened.
Second point, you know, as far as faith goes and
saving face, yes it's true, but it only works up

(20:10):
to a certain point. And one of the points McDonald
Trump understands completely as all your listeners have brought up
in you too so far, he basically just you know,
knows that when you've got the pistol to their head
and your boot on their throat, that you know, keeping
face is not as strong. And finally, as far as

(20:35):
the analogy between Ronald Reagan and what he did to
the Russians with Star Wars and what President Trump is
doing with the tariffs, all the analogies apply, I think,
but there's two things that people don't mention is that
one of the differences was we had a free democracy
and we were at dictators the way they were in Russia.

(20:56):
So I think that's another point that made strength to
President President Reagan's argument. Anyway, those are my three points, Jeff,
and thanks for all you do.

Speaker 1 (21:05):
Oh thank you, Robert. I think honestly, bang bang, bang
on all three. I think you hit them all right
on the head. Look, I think there's no question.

Speaker 3 (21:13):
Now.

Speaker 1 (21:14):
Look the Chinese Communist Party, they're they're reeling. They're on
the ropes for the first time since Tieneman Square in
nineteen eighty nine. They're in big trouble. And I'll tell
you why, because they made a compact pact with the
people of China. They said, Look, you're not gonna have democracy,

(21:35):
you're not gonna have human rights, you're not gonna have
basic liberties and freedoms as you have in America or
you know, other countries in the West. But in other words,
you're gonna be run by a one party state. But
we're gonna raise your living standards. Your life is gonna
get continuously better. You're gonna have more money in your pocket,

(21:57):
you're gonna have jobs, you're gonna have consumer good You're
going to be able to live better, certainly better than
any previous generation in Chinese history. So as long as
the Chinese Communist Party. That's why Jijinping has been obsessed.
That's that's why they're in the Panama Canal. That's why
you know up north in Canada is a huge election

(22:19):
the Canadian Liberal Party led by now Mark Carney, who
succeeded Justin Trudeau. He's eventually he's essentially a paid mouthpiece
for communist China. China now has massively infiltrated Canada's political system,
the current ruling regime. They want to turn Canada essentially
into a sphere or a territory of China. That's why

(22:43):
they're buying up ports all over the world. That's why
they're buying up rare earth mineral deposits all over the world.
Because Jijinping understands and the CCP understands that the key
to their power, the key to their wealth and their
control is to continue to develop China's economy and to

(23:06):
export their cheap goods and products all over the world.
If China's economy now begins to crater, they're finished. The
Chinese people are going to rise up against them. And
so that's why she now he doesn't know what to do.
He's stuck between a rock and a hard place. And

(23:28):
Trump understands that. You see, the one thing Trump has
that she doesn't time.

Speaker 2 (23:34):
He's got time.

Speaker 1 (23:36):
Fine, this may go on for a couple of weeks,
a couple of months, a year, it doesn't matter because
we don't need them. They need us. And so the
longer they can't dump their goods. And by the way,
Vietnam doesn't want them, South Korea doesn't want them, Japan
doesn't want them, nobody wants them. Europe doesn't want them.

(23:59):
See that's their problem. Now they've alienated the world because
they've essentially become the world's bully. And so now what
are you going to do? Factories are idle because shipping
containers literally are coming back. They're turning around. You're gonna
have unemployment. It's already very high for the youth Chinese

(24:20):
young people in their twenties, it's twenty twenty five percent.
It's going to be thirty thirty five to fifty percent.
So you're going to have a country of young people
without work, without prospects, without hope. You can't control this.
So g is right now like a lobster in a

(24:43):
boiling pot. How much more can he stand this. So yeah,
he's gonna try to say face two weeks, three weeks,
and then his party people are going to look at
him and say, hey, you see the protests they're spreading.
It's getting worse. It's Tienemin square all over again. And
that's where they're going to have to make a decision.

(25:04):
Either stand with g all the way, which I think
will lead to the regimes collapse, or they're going to
have to overthrow them.

Speaker 3 (25:11):
Now.

Speaker 1 (25:11):
Either way, I'm telling you it's bad for g and
it's bad for China. So if i'm President Trump, you're
holding all the cards. To quote Kevin O'Leary on Shark Tank,
who's a great financial analyst, as he said, put the
tariff up the four hundred percent. Why it was not

(25:32):
because I hate the Chinese people, quite the oracle, Quite
quite the opposite. No one cheats more, no one steals more.
No one has abused the international trading system more than China.
They steal our best technology, they steal our intellectual property.
They've been spying on us. The Chinese balloon under Biden.
Under Biden is exhibit A. They unleashed COVID on the world,

(25:57):
killing millions of people, and god knows how many Americans. No,
As Kevin O'Leary said, you squeeze the Chinese, meaning their leadership,
until you squeeze their heads into the wall quote unquote,
in i e. You break them. No mercy, no surrender.

(26:20):
And now as the world is negotiating deals with you,
China just sits there and it gets.

Speaker 4 (26:27):
Poorer and poorer and poorer, and it gets more and
more and more.

Speaker 1 (26:33):
Alone and isolated. This is Reagan men different context. I
understand there was Star Wars military build up. It was
the Cold War. Of course, it's not the perfect analogy,
but the point is the Soviet Union at the time
was the number one communist threat to the world and

(26:54):
to America. China is now the number one communist threat
to the world and to America. Trump now is about
to bring them to their economic needs. And one last point,
never forget this. Every time you buy a Chinese good
or product, you're helping them spend money on their military.

(27:18):
The only reason why they have such a vast, powerful
military that threatens and menaces not just their neighbors but
literally the world, is because their economy has been rising
and rising for the last twenty five years. Off the
back of America, off of US. One of the greatest

(27:40):
strategic blunders in American history was the decision by that trader,
Bill Clinton, to have China enter the World Trade Organization
in two thousand and one. Once China got into the
wto use the trading system, they had unrestricted access to

(28:03):
our market. They were ripping us off four five hundred
billion a year, and that's what underwrote and funded their massive,
unprecedented military, the biggest build up in history, to the
point now they've almost caught us. You creter their economy,
you creter their military, and then the whole thing comes

(28:27):
crashing down six one seven, two, sixty six, sixty eight,
sixty eight. Again, art of the deal, as one of
the Texters put it, Art of the deal means meets sansus,
the art of war. That's what Trump did. And I
got to say he planned it and executed it perfectly, perfectly.

(28:53):
And look at the Democrats. Now, look how ridiculous they look. Again,
Look how trees and is, how extreme, how frankly fanatical,
how insane they look. They're the ones who've been yelling
and screaming for the last week, and the tariffs and
the tariff war, make a deal, pause on the tariffs.

(29:16):
Trump says, Okay, the timing, Now you know, timing in
life is everything. Okay, I here it is on every
country except one China. And what's their response here? It
is listen to Adam piece of shift. Hey, listen to

(29:37):
Adam Schiff roll cut ten a Mike.

Speaker 10 (29:45):
Writing to the White House and demand who knew in
advance that the prison was going to once again.

Speaker 1 (29:50):
Flip clop on tariffs?

Speaker 11 (29:52):
And are people catching it? There is just all too
much opportunity for people to White House administration to be
insider trading. You can't put it past them for a minute.
So we're going to try to find out.

Speaker 1 (30:06):
So there you go. So now it's insider trading. There's
no evidence, there's no evidence for any of this, but
now all of a sudden, we're going to launch an investigation.
He raised his questions, Hey, flip flopped on tariffs. Well
you wanted him to flip flop on tariffs. That's always

(30:26):
been your position for the last week. So okay, you
guys want me to pause the tariffs, I'm pausing the tariffs.
Sudden insider training? Who got rich off of this?

Speaker 3 (30:37):
Hoo hoo.

Speaker 1 (30:39):
Well, do you have any evidence that anybody got rich
off of this, anybody from his administration, anybody connected? What
did Trump invest in the stock market? Did his family
invest in the stock market? Did they buy law?

Speaker 12 (30:51):
And so?

Speaker 1 (30:52):
Did they uh uh by law? And then and and
and now I've made a mint as the stock market
roared yesterday. Nothing just innuendo, smears, lies and libels. But
now this is going to be their new attack. You
see Now, now they have to side with the Chinese

(31:14):
Communist Party. See, this is what China bought. Now they
bought this kind of influence on Capitol Hill. Now it's
investigate Trump, impeach Trump. They want him to end his
tariff war with China. So now they're not accusing China

(31:34):
of predatory and duplicitous behavior. No, no, no, no, no
no no. Hey, the communists Chinese, they're so above board.

Speaker 13 (31:45):
We love them.

Speaker 1 (31:47):
Listen now to Adam piece of Shift saying this needs
an investigation. Wink wink, we're looking at impeachment. Roll cut
ten a, Mike, I think commiss.

Speaker 10 (32:00):
Should do an investigation into this, but we're going to
demand the answers from the administration. I think you're right
they're likely to start along partically if they've been engaged
in corrupt insider trading, but they won't be able to
hide it for good. I mean, we knows in the administration,
we can look at eventually what people are buying and selling.

Speaker 2 (32:20):
This will come out.

Speaker 11 (32:21):
But an administration that has their own mean coins, who
has already engaged in self interested dealing with Elon is
doging agencies that are doing coversighters and businesses. You're that
kind of crow climate.

Speaker 1 (32:36):
You have to assume the worst, and we're gonna try
to find out there you go. So, I mean, it says,
you know, just the way this guy lies, he lies
the way I breathe effortless, constant, effortless. So trying Elon
is doging agencies that are overseeing him. What that's a lie?

(32:58):
But you just made that one up, Dennis, Like, look
at the self dealing. We're gonna look at insider trading,
the corruption. Loo, do you have any evidence what's so
evident with any corruption any insider trading. So let me
get this straight. Now, President imposes tariffs. You don't like
the tariffs. He now pulls back on the tariffs, and

(33:20):
instead of saying okay, he did what I wanted him
to do. Good move. No, now it's we investigate, we impeach.
Why insider trading? Where's your evidence? There is none, literally
there is none, but though don't worry, we'll find it.

Speaker 13 (33:33):
We'll find what.

Speaker 1 (33:34):
You don't even have a shred of evidence. Hell, you
don't even have an allegation. You've got nothing. Adam Schiff
is bought and paid for by communist China. Nancy Pelosi
is bought and paid for by communist China. Chuck Schumer,
do you see the picture of him with the Chinese flag,

(33:56):
literally wrapped in the Chinese flag, surrounded by top Chinese
Communist officials, smiling ear to ear. Bought and paid for
by the Chinese Communist Party. Joe Biden bought and paid
for by the Chinese Communist Party. They now have to
lash out at Trump because the dirty secret is the

(34:20):
Democrats would rather that communists China win than that the
United States defeat China in this trade war. They're literally
now shilling for the other side, for our mortal enemy
and adversary, just like General Milli was a mouthpiece for

(34:41):
the Chinese Communists. That's exactly now what the Democrats have
become the whole stinking party. There's a word for that.
It's called treason. Peter in Florida, Thanks for holding, Peter,
and welcome an.

Speaker 13 (35:03):
The reason for the terriffs is to create worldwide deflation,
because all the world's paper money is really worthless. And
the reason he's attenuating it is to avoid a worldwide depression.
And who knows, maybe we'll see a repeat of the
Taiping rebellion.

Speaker 1 (35:25):
Oh, you mean where the peasants rise up against the
government like they did one hundred years ago, and over
one hundred years ago.

Speaker 13 (35:31):
In China it was called the peasant rebellion.

Speaker 1 (35:36):
Well, Peter, I got to tell you, if the Chinese
economy collapses, and they're on the brink now, if this
trade war goes on for another two three weeks, the
Chinese economy is in big trouble, big trouble. I agree
with you, Peter. History could be repeating itself. The peasants
may rise up, and if the peasants rise up, the

(35:58):
communists will fall. Thank you for that call, Peter. Excellent analysis.
Victor in Georgetown, Thanks for holding, Victor, and welcome.

Speaker 12 (36:08):
Tune A man.

Speaker 2 (36:09):
A couple of quick points.

Speaker 12 (36:10):
But before I do I want to tell you that
your show today should be the masterclass for people going
to college their first year in Econ one oh one.
They've got to get their heads out of the cloud
before the communist professors get a hold of them. You're
doing a great job, and I just want to thank you, Paul,
thank you, No.

Speaker 1 (36:28):
Thank you, chichure. I appreciate it. Thank you.

Speaker 12 (36:31):
A couple of quick points, and this is coming from
a baby boomer, a decorated combat marine who is fought
against the Communist Chinese. So I might be a little
bit jaded, but on the first point, I want to
make real quickly.

Speaker 5 (36:45):
Pride before the fall.

Speaker 12 (36:47):
I hope that Jijin Ping Pong's pride is broken and
he does something ridiculous, because when most people do something
on tilt, it's because something happened to them and their
pride get hurt, or they made a bad decision or whatever.
So bruising his pride is a good thing. That was
number one.

Speaker 2 (37:07):
Number two. The reason that a lot of these companies.

Speaker 5 (37:10):
Went over to communist China is because the left wing
nutballs have made the regulations next to impossible to comply with,
so they just go over there and make their drugs
over there, Victor, can.

Speaker 1 (37:23):
You do me. That's an excellent point. Can you just
hang on. I'm up against the hard break. I want
to come right back to you.