Trump Charges a Distraction from Biden's Administrative Failures!

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Episode Transcript

Speaker 1 (00:01):
So you got Russia their meeting with China in Russia
for like three days and hours and hours of meetings.
And we're not just talking about like random people from
the Chinese government meeting with random people from the Russian government.
No, no no, no, We're talking about Vladimir Putin and Gee
meeting together. They're coming together. Two of our adversaries, the

(00:22):
biggest adversaries that we have, are now hand in hand
meeting with one another. And make no mistake about it,
They're meeting in Russia to send a signal. Vladimir Putin
did not want to leave Russia to go to China.
He wanted China to come to them. Why would he
want that? Because China and Russia wanted to make it

(00:42):
clear we are on the same playing field. We together
are working together, we are allies. That is what this
is all about. Now, what was our president doing while
these two superpowers that are clearly a natural alliance doing
What were they doing? Like, what was this the White

(01:03):
House doing? As these two superpowers are meeting. I can
tell exactly what they were doing. They decided it was
a good idea to bring in the cast of a
great Apple TV show, Ted Lasso, The cast of Ted
Lasso came to the White House to talk about different issues.

(01:26):
I wish I was joking, I'm really not. Now, imagine
if you're Vladimir Putin or ggping, and you're sitting there
in Moscow and you're talking about basically taking over the
world and undermining the United States of America or even
taking down the United States of America. You're on the
Vergibal were three, and you're talking about giving weapons to
Russia from China that could allow for them to destroy

(01:47):
the Ukraine and maybe move even beyond that. And you'll
look up and you see, as of course you're monitoring
the US, that we've got a show, an Apple TV
show staff that is being escorted into the White House
into the Oval Office, and official pictures are being taken

(02:08):
with the first Lady in the President sitting around chatting
in the Oval Office. Now, while all this is also happening,
you have a banking crisis that is unfolding in this
country at the very same time. So the message that
you're sending to people that are worried about their finances
and the rest of the world is we have a
president that's hanging out with an Apple TV show Janet Yellen,

(02:31):
the Treasury Secretary, speaking at the American Bankers Association, actually
said that things are pretty much so bad that there
may be additional bank rescues that are going to be warranted.
So there is the lay of the land. And while
this is happening, we also found out that there's eleven
more business deals that the Chinese have done the Communist

(02:55):
Party has done with a Biden crime family. So that's
what's going on. And you bring in ted Lasso to
fix your problems. Now listen too, Janet Yellen talk about
what she believes could be another bank bailout. First, we
worked with the Federal Reserve and FDIC to protect all

(03:15):
depositors in the resolutions of Silicon Valley Bank and Signature Bank.
The steps we took were not focused on aiding specific
banks or classes of banks. Our intervention was necessary to
protect the broader US banking system, and similar actions could

(03:39):
be warranted if smaller institutions suffered deposit runs that pose
the risk of contagion. I believe that our actions reduced
the risk of further bank failures that would have imposed
losses on the Deposit Insurance Fund, which is paid for
through He's on banks. So you just had the Treasury

(04:02):
Secretary coming out and saying, first we work with an
FDIC to protect your dollars in the resolution, the Silicon
Valley Bank and signature banks. So she's saying this is
a good thing. The steps we took were not focused
on aiding specific banks or classes of banks. That's a lie.
She says, our intervention was necessary to protect the broader

(04:23):
US banking system, and similar actions could be warranted if
smaller institutions suffered deposit runs that pose a risk to
the country to your deposits. So this is what's going
on in Biden's America. And Joe Biden sends out a
picture and has a meeting and opens up the White

(04:43):
House to Ted Lasso, a TV show on Apple. He's
not sitting with Janet Yellen. Okay, he's not sitting with her.
He's sitting with Ted Lasso, a fake person on a show.
And the White House Press secret terry, she may be

(05:04):
the worst White House Press secret terry that we've ever seen.
Here's how some we're talking about this ridiculous meeting at
the White House, and some of the press was actually angry,
saying we've had enough of this crap. Take a listen.
Prior to the cast's appearance, Press Secretary Karan Jehan Pierre
was called out by Today News Africa reporter Simon Atiba,

(05:24):
accusing her of ignoring him. Watch this. So we're not
doing this. We're not doing this against some people. And
I'm saying welcome one times. Welcome, guys, welcome, welcome to

(05:48):
the press briefing room. So Atiba says, he's been raising
his hand and sending emails, but he feels disrespected. Liz, uh, look,
if this is not an S ANDL skit in the
coming weekend shocked, I agree too much. I love it.
This has to be a you know, Maria. It was
embarrassing obviously and yet kind of truthful. The truth is

(06:12):
this White House spokesperson and the White House in general
has been shutting down the press, and the anger about
that is bubbling to the surface. President Biden refuses to
take interviews, that he refuses to answer questions when he's
walking around. He comes and talks to the nation about
something really serious like our banking crisis. Five minutes he

(06:34):
turns his back on questions and walks away. And Karine
Jean Pierre, who is probably the worst creft secretary in
my lifetime, basically defends defends him with word salads and
completely meaningless statements. I feel almost sorry for her because
it's really her boss that is short changing the American

(06:55):
people here in terms of communications and answering questions or
be just that the White House is saying, will do
anything but actually answer real questions and will do anything
outside of and trying to distract, right, try to distract
from what's really happening here. I mean, you got to

(07:17):
understand these reporters shouting at the Press secretary during the
opening statements with Ted Lasso. A TV show is the
biggest disconnect from reality when you're and when you are
doing I guess what the Biden crime family is doing.
This is your only option. New Gingrich talking about how

(07:41):
ridiculous it is to have the Ted Lasso cast the
White House or Russian China or meeting, he says, shows
absolute shallow behavior as he described it of the Biden administration.
Action Foxings, contributor at New Gingrich. All Right, Num, I've
never watched Ted Lasso, but I guess they thought it
was important to put that up at the in the
White House press room. Any thoughts on that one. Well,

(08:04):
first of all, mental health is a very important issue,
and the number of Americans who are committing suicide or
dying from drug overdose, or having their lives ruined, running
up homeless, that's all a tragedy. But I think what
today showed you more was the absolute shallow behavior of
the Biden administration. We are in a very dangerous situation.

(08:30):
We have two of our two major international competitors, Russia
and China, coming closer and closer together. We have a
president who clearly does not have a clue what to do.
We have a vice president who is an embarrassment and
the best possible insurance policy for keeping Biden as president.

(08:52):
And Americans need to understand this is not a game.
This is not one of those things you get on Xbox.
We're in a real world, faced with real crises, and
we have a president who is totally out of touch
with reality in terms of what's going on in the world,
totally out of touch with reality with what's going on

(09:13):
in the world. Couldn't agree with him more, or maybe
is in touch, And this is the only thing you
know is to do to cover up for what he's
been up to lately. Now, before I get into more
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That's Augusta Precious Metals dot Com eight seven seven four
gold Ira. The media, however, is covering none of this.
What they are covering it's Donald Trump, and it's wall
to wall coverage for the possible arraignment, indictment and mug
shot of the four president of the United States of America.

(11:02):
Alan Dershowitz, you may know, is a liberal professor, but
he's a pretty smart guy. He just wrote a book
about Getting Donald Trump, and he understands it the way
that I've been explaining it to you. That there is
one thing that Democrats going to do right now, and
that's get Donald Trump and lock up their political opponent.
They've been trying this since twenty sixteen with the Russian

(11:24):
collusion hoax. He went on Newsmax and he said that
Americans should be terrified of what's happening right now because
we are losing our rule of law, which is the
only thing that separates the United it's America from becoming
a third world country. Listen to this. Alan Dershowitz is
the author of Get Trump, a Harvard law professor as well,

(11:46):
and as I said earlier, a democrat. So good to
have you on, going to see you again as a society.
You know, you have a whole book about this that's
just been released, the desperation to get Donald Trump and
what it's doing to our society. Have we lost our
minds over the former president? Oh, it's worse than just
losing their minds. Who are losing our rule of law? Here. Look,

(12:07):
this happened once before. I remember it very vividly. It
was nineteen sixty one, nineteen sixty two. I was training
to go down South to be a civil rights monitor,
watching the civil rights riots and demonstrations. And I was
being taught by the NACP civil rights people, and they
said to me and to all of us in the class,
do not spit on the sidewalk. If you spit on

(12:30):
the sidewalk, they will turn it into a felony, destroying property.
Because they're targeting every civil rights worker. They want to
get them. They've instructed the sheriffs, they've instructed the police,
they've instructed the prosecutors. If they do anything wrong, if
they cross against the light, if they put a cigarette
ad on the sidewalk, felony. Put them in jail. We

(12:52):
want to make sure we get them if they're civil
rights workers. Is this really what District Attorney Bragg wants
to emulate the South in the segregation period when they
were getting civil rights workers. That's what this is like.
You know, we've talked a lot about how you know
that I guess that the left in this country has changed.

(13:14):
How people used to fight against this and now they
capitulate to people that will will take any excuse to
go after their political opponents, and how that's how that's
changed socialmatica. You've talked about on the show about the
ACLU and how they used to fight different than they
do today and how they've morphed. We've moved into a
different place in this country. Well, particularly people like the

(13:35):
ACOU and some of my colleagues, that Harvard Lawrence Tribe
for example, and others who will do anything to get Trump.
They don't care about the constitution. They think that Trump's
reelection would be like the election of Adolf Hitler in
nineteen thirty two, and they're prepared to do anything short
of assassination. They're prepared to stretch the law. Look, in

(13:56):
this case, it's not even a misdemeanor. Let me explain
why it's perfectly appropriate to make a deal to settle
a case. That's what happened here. Lawyers do it every day,
you settle cases. She promises not to disclose it to
your wife, your children, your business associates, and he pays
her one hundred and thirty thousand dollars. Have you ever

(14:17):
heard of anybody listing it in the records as payment
of hush money for adulterous affair with a point star,
of course not. You're gonna say something like legal fees. Well,
it was in some respect to legal fee, that is,
it was in payment for the settling of a case.
But nobody has ever been prosecuted for trying to hide

(14:38):
the fact that he paid hush money to a prosecute.
And then you try to say that the reason he
did it was only in order to cover up a
federal crime. That's the last thing that would have occurred
to him that he'd ever be charged with a crime,
a federal crime of campaign contributions. Obviously, the reason that

(14:59):
he listed it not as a hush money payment was
to prevent the public from knowing it, prevent his wife,
prevented a new York Post from running the story. Then
you have to get to the point where it was
a campaign contribution. And of course part of his mind
may have been on the campaign, but that's not enough
for a criminal TRUSTe. This is the worst abuse of

(15:20):
prosecutorial discretion that I have seen in my sixty years
of practicing criminal law. Sixty years of practicing criminal law.
And this is Alan Dershowitch again a Democrat, who is
saying this is the worst he has ever seen it.
These people will do anything to get Trump. He says,
they don't care about the constitution, that is the Democratic Party.

(15:44):
They think that Trump's reelection would be like the election
of Adolph Hitler in nineteen thirty two, and they're prepared
to do anything short of assassination. Alan dersha Which said
they're prepared to stretch the law. It's the worst prosecutor
misconduct he's seen in his lifetime, all because they want
to get Donald Trump. Now, this is the big distraction

(16:06):
from Joe Biden's failures. Donald Trump, all of this this
is what Joe Biden needs. And every time bad news
concerning Joe Biden and his administration comes up, moves are
being made clearly to distract the American public. The pending
indictment of a former president, Donald Trump is no exception

(16:30):
to this. The reality is we have a media in
this country, in DC, in New York, in LA, all
over the country that literally loves to distract you from
what's happening with the failures of the Biden administration. You
have eleven new business deals we found out about with

(16:51):
a Biden crime family in the Chinese Communist Party. We
have over a million dollars now that we know has
gone to the Biden crime and new members of the
Biden family that are on the take financially with this money.
This is all new news. This isn't old. This is
new okay, this is new intel, new information. They need

(17:15):
a distraction. You can't get a better distraction than arresting
a former president of the United States of America. You
also have another distraction, that's the banking scandal, which has
just completely disappeared. How did this bank that and I
played for you a moment ago the Treasury Secretary talking
about more bailouts. How did a bank Silicon Valley Bank

(17:39):
get away with being upside down? Their deposits were only
ten percent their deposits were actually covered by the FDIC,
and they say a healthy number for a bank is
fifty plus percent of deposits. Other banks, just to put
in perspective, like JP Morgan Chase are above fifty percent.
Silicon Valley Bank, the FDC was covering less than ten

(17:59):
percent sent of their deposits. This was a bank that
was extremely vulnerable, and the people that were supposed to
be watching the banks clearly look the other way because
this bank was a liberal bank. This bank was a
bank that they were okay with doing whatever the hell

(18:20):
they wanted to do, because this bank was giving millions
and millions and millions and millions of dollars to liberal
and woke causes. We also had something else, a big
news story that the media has completely not touched today,
and that big news story also deals with the financial industry.

(18:43):
The President of the United States of America. And usually
when a president has this first veto, it's a big
news story. It's a big deal. The President just used
his very first, very first veto and it was a
veto that should have never happened. It was a veto

(19:04):
that should shock people. What was the veto about? The
President said that fund managers who are in charge of
your retirement, your four oh one k, your pensions, can
actually purposely make bad investments on your behalf in your
portfolio that you're a part of if it is in

(19:27):
green and alternative energy trying to save the world from
global warming Center Mansion has slammed Joe Biden for vetoing
this anti ESG bill. Now, I'll explain this to you
the best way that I can. This is a radical
policy agenda that they've decided to put in ahead of

(19:50):
getting you, as a hard working American, the best financial
returns that you can get so that you can retire.
This administration and as Joe Manchin put it, continues to
prioritize their radical policy agenda over the economic, energy, and
national security needs of our country. And it's absolutely infuriating,

(20:10):
is what Mansion said. Now, Mansion, who is a Democrat,
is referring to Biden issuing his very first veto that
no one's covering to reject a bipartisan bill HR thirty
that would nullify his Labor Department rule that would allow
left wing environmental, social and government governance policies known as

(20:32):
ESG to be considered in retirement investing in other words,
You open up an investing account, you work hard, and
you save your money, and the people that are in
charge of managing that money can actually go woke with
that money, which they know is not going to give

(20:54):
the returns that are needed for you. While we're in
a once in a generation that we've had to deal with,
while we're having to pay bills amid record inflation, while
Wall Street suffering, and while interest rates have more than doubled,
and while we are facing the largest land war in
Europe since World War Two, and this administration is unrelenting.

(21:17):
They want to advance a radical social environmental agenda and
exacerbate these challenges by now saying that it is totally
fine for these money managers to basically take your dollars
and reinvest them into global warming initiatives, even if they

(21:37):
know that it's going to actually hurt your bank account,
your retirement account. You're four oh one k all right,
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this veto is giving the green light from the Biden

(23:02):
administration and the Labor Department to enable these activists. Woke
financial managers, fund managers Okay, pension fund managers to wait
climate change and prioritize that over your financial investment. So
when you're selecting a retirement investments, you think they're going

(23:22):
to try to actually make sure you retire with money. No, no, no,
not anymore. They don't have to exercise shareholder rights and
protect your dollars. No. They now have been given the
green light to go out there and to take your
money and to put it into things like Cylinder. Remember
when your taxpayers went to Cylindra and that multibillion dollar

(23:42):
government back loans that went into Cylinder that failed and
all the other green woke alternative energy comings. Well, your
money now can actually be put into that. So let's
say you have a state pension. You're in a liberal state,
and those people in charge of that pension plan for
your state where you worked and met major requirements to
get in that pension, can now take those hundreds of

(24:04):
millions or billions of dollars and go out there and
say we want to get into green alternative energy. We
want to invest and prioritize a ESG agenda, and if
we lose a lot of money while doing it, we
will not be held accountable for it. I want you
to listen to another Republican who's running for office. This

(24:29):
is a guy who's a tech guy. He appeared on
CNBC on the show Last Call to discuss Biden's veto
of this anti EESG bill. There's also another guest you're
gonna hear who's actually part of the woke agenda, who
ranks companies on how woke they are for investors, so
that you can, you know, invest and woke companies. And

(24:49):
now you can do this knowing that that company is
not going to give you the return and no one
can stop you. These fund managers because the Biden administration
has sanctioned this, allowed them to stop a fiduciary for
your dollars. Instead go out there and invest your dollars.
And awoke agenda, listen carefully. This hot button issue is
the man leading the charge against the s G, and
that is Vivek Ramaswamy, founders Drive Asset Management and a

(25:11):
Republican presidential candidate, and Martin Whittaker, the founder of Just Capital,
organization that ranks companies by how just they are. Vivek,
I'll start with you. Listen. It is complicated. It's sort
of flipped upside down. But respectfully to the White House,
do you feel like in any way this veto or
leaving it on or off, has anything to do with

(25:32):
protecting people's retirement savings. It does not. It has absolutely everything.
I'm trying to connect the dots that I can't figure
it out. Well, let me help you with that. So
here's the history on the rule, just giving some facts here.
They first, the Department of Labor under Biden proposed this
rule last summer, and at first they were nervous about
this because this is really mixing business with politics. This
is saying we can use retirement funds to advance agendas

(25:55):
like fighting climate change. They were nervous about it. So
at first, in their draft rule they had a disclosure
requirement saying that you had to say this to retirees.
But guess what, they got bolder over the course of
last year. So by the end of the year, when
the final Department of Labor rule passed, they dropped the
disclosure requirement. And the reason why is they said that
disclosing this to retirees would actually have a chilling effect,

(26:16):
that's their words, chilling effect on the use of ESG factors.
What does that tell you. It tells you that they
know that most retirees don't want to advance social agendas
with their money, but they want to effectively hide that
from those retirees so they can do it anyway. So
I'm glad there was bipartisan consensus. That's important. Both Democrats

(26:37):
and Republicans voted for a bill to negate this disastrous
action from the Department of Labor, and nonetheless Biden still
vetoed it as his first veto, which tells you that
this myth that ESG is really just about the free
market is a lie. It's actually not the invisible hand
of the free market. It's the invisible fist of government,
Biden's invisible fist. That's what happened here. I love the

(26:59):
way they described this, by the way, from a true
monetary perspective, and that's a guy, by the way, the
training for president is a Republican. I'm glad he's running
because I do think he's going to bring something to
the debate, and it's going to be talking about our
finances in this country and how out of whack they are,
and how we need to have a balanced budget and
not live the way that we're living. Right now. But

(27:20):
what Biden has done now is he said, I'm going
to put everything else above. I'm gonna put my politics
above your financial well being. And this was a bipartisan bill.
We don't have many bipartisan bills. And the reason why
Republicans and Democrats are in favor of this bipartisan bill

(27:40):
is because they understood how outrageous it is that these
fund managers can just go rogue with your dollars and
basically give them to their political ideology, knowing that it's
going to be either a a risky investment or be
a bad investment with virtually no returns. That is the

(28:01):
part that people need to understand. And they've said to
these fund managers, liberals, do what you want with the
American people's heart earned dollars, these people's retirement accounts. Do it,
move forward and go as fast as you can, go
as fast as you can, and spend as much as
you want to as long as it is approved ideological

(28:23):
perspectives in the green alternative energy space that we say,
do it. And that's what they've done. This is it.
And your government just sanctioned this or the President just
vetoed a bill that would have said no to this,
that was bipartisan. You think the media is covering that. No,
they're not covering this at all. Now, finally, the last

(28:46):
thing that was said on CNBC about this, which was
really funny, as them trying to somehow say all right,
well let's look at it from another perspective here and
justify this wokeness in your investments. Listen to how they
set up their guests and they're like, well, does it
really matter to people's investments if you know they're baking

(29:07):
into the investment portfolios these ESG initiatives. Is global warming
and issues like doesn't really matter. They're normalizing this. Listen,
I don't know if the rule matters either way, and
do think it matters to people's retirement savings? Well, Brian,
thanks for having me on that. Good to see you again.
I think I look at this through a business in

(29:29):
a market's lens, not through a political lens. So what
what what ESG is all about? Is um really just
trying to get a handle on a suite of environmental
social governance related risks that may or may not be
relevant to business and financial performance. And so to do that, well,
you need information, you need data, and you need information

(29:52):
that is that has meaning that you can trust, so
you can have confidence in. And so what this rule
does is is sites of fiduciaries. If you think these
masses are relevant to investment decision making, you should consider them.
That's it. That's it. But again exactly yeah, and so
you look at that. What can I ask a different question, Martin?

(30:16):
Why are we fightings? Why is this the stand to
be made? It don't I mean, I hate to say it.
It doesn't sound like that big a deal. Either way,
I love this. It doesn't sound like that big of
a deal. As long as you don't mind people investing
your money in these insane ways, that doesn't seem that
big of a deal. Just disclose it. Whether you after
you or not doesn't really matter, because they don't mind

(30:39):
if you lose money in woke ideals that they're demanding
out of your dollars, And they don't mind that you're
not being told about these woke ideals and these fund
managers basically taking your cash and doing whatever the hell
they want to do with your cash. They don't mind it.
So when they're all talking about Trump up, just remember this.

(31:02):
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