The Economy is Failing - August 2nd, Hour 1

The economy is failing, stock prices falling and Harris is asking if we're better off now than we were 4 years ago... the answer is no!

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Episode Transcript

Speaker 1 (00:01):
All right, Thank you, Scott Chattan, thanks to all of
you for being with us. Right down our toll free
telephone number if you want to be a part of
the program ats eight hundred nine to four one Sean
if you'd like to join us. We've got a lot
of news we're going to get to today. It has
been an interesting week. We're only ninety five days away
from election day, only forty five days away from early

(00:22):
voting starting Pennsylvania, early states, and will roll out from there,
and it may seem like an eternity, but it is
going to It's going to be well. The days along
and the years are short. Is a good way to
describe parenthood. Is that a fair statement? How old is
Liam who loves my McDonald's French fries over your air

(00:44):
whatever air fried French fries. I see that we're going
to have that kind of day to day. Okay. Liam
just turned nine on Sunday and Liam likes McDonald's French fries,
as I predicted he would better than your air fried
French fries. I'll let you have this, okay. It's been
a tough week. I'm gonna let you have this moment.

(01:05):
Are you okay? Are you sick today? All right? But
it's been a it's been a it's been a while week.
I will tell you to watch. It is actually entertaining
to watch Kamala Harris and her campaign and it's not
getting reported on yet. And it may actually take me

(01:27):
deputizing and all of you taking it seriously, my deputizing
all of you too, that we're going to have to
bypass the mainstream, state run media mob, and we're going
to have to get the information about who Kamala is,
how radical she is, how extreme she is, and frankly,

(01:47):
how dangerous her policies would be. Her border policies are dangerous.
I have no doubt that there are terocells in this
country as a result of Joe Biden and Kamala Harris.
You're ours open borders because we have one hundred and
eight people coming from one hundred and eighty countries, including
countries with terroritized We've mentioned them many times, Iran in Syria, Egypt, Afghanistan,

(02:14):
we know, China, Russia, Venezuela, Kazakhstan. We can just keep going.
We know top geopolitical foes. Why eleven million, they haven't
betted any of these people and now we're seeing and
watching and witnessing an attempt. The reason I know that
they are so afraid of Kamala Harris in her own
words is look at what has happened this week and

(02:36):
the only reason is she up to this point. And
this is going to change at some point in this campaign,
and maybe it will take the people in this country
and the use of social media, and we're literally setting
up not only can you download the audio of Kamala
in her own words and all the extreme positions, but

(02:57):
you're going to have a list of it that you
can print out. I love a list of the names
of all the people that have been murdered and victims
of crime because of Kamala and Joe's open borders and
unvetted illegal immigrants that they've allowed into the country. And
this is all information that and it may take everybody

(03:17):
in this audience and you can help save the country
and get it on a better track on every major issue,
which is what this election should be about. Are we
safer and more secure with our borders being wide open
and eleven million unvetted Joe Biden, Kamala Harris illegal immigrants?

Speaker 2 (03:33):
No?

Speaker 1 (03:35):
Is the economy better off under Joe Biden, we got
horrible economic news today. The market's been tanking. It's out
about seven fifty now, it's been down around eight hundred
most of the day. At a horrible day yesterday because
of bad economic news and fears that now the Fed
that was going to give a gift to the to
Kamala Harris and lower interest rates may have a problem

(03:58):
doing it, or if they do do it, it will
be blatantly political based on the news of the last
two days. And then we see her backtracking. Oh, she
was for a mandatory gun buyback program, but we're reading
this week, Oh, she's no longer for that anymore. No more.
She was for Medicare for all that would eliminate private
health insurance, meaning you couldn't have your own private health

(04:19):
insurance plan. Until this week we learned, Oh no, we
changed our mind on that just this week, just since,
just since she became the presumptive nominee she now was
earlier today virtually became the nominee. Then we learned that
the person that sent over and over again she's against fracking. No, no, no,
I want to ban fracking. Apparently they're now saying she

(04:42):
doesn't want to ban fracking. This is the person that
co sponsored that Medicare for All bill that would eliminate
health and she co sponsored the bill. She co sponsored
the Green New Deal, but she's now pulling back from
major provisions in the Green New Deal like guaranteed government
job et cetera, et cetera, et cetera. It's only gonna

(05:02):
start from here what this indicates. And you know, I'm
sure the Trump campaign is gonna have I'm just guessing.
I haven't talked to anybody about their ads, but they're
gonna have flip flop ads later on. We'll play remember
the John Kerry ad of him flipping and flopping I
voted for the eighties seven billion of rest and has

(05:22):
him windsurfing in one direction, windsurfing in another direction, windsurfing
in this direction. And because he flipped and flopped and flapped,
that was. That was basically on two issues at three
issues that they mentioned. And Kamala Harris cannot run away
from her extremism. The things that we've been telling you
about and playing for you every single day will continue

(05:44):
to play and then continue to tell you about from
now until early voting starts in forty five days and
then we learn more and more every day. It's like
just when you think things can't get worse for Kamala Harris.
And and again I know the mob state run media
isn't covering this. They are doing for Kamala Harris exactly

(06:05):
what they did to Joe Biden in twenty twenty. They
are basically allowing her to hide in the basement. And
we'll talk about that in a second. But you know,
Kamala own words is devastating. Kamala Harris on tape saying
we need the courage to never use the term radical

(06:26):
Islamic terrorism. Really, Kamala Harris on tape saying we need
the courage to not use the term illegal alien. Well,
who attacked us on nine to eleven oh one? Who
attacked Israel on October the seventh? Who was that? Who
were these people? Radical Islamic terrorists? Who are the people?

(06:47):
And during our country illegal aliens? It's used in all
government language. And then we got another cut. It was
just as I was getting off Hannity last I was
so pissed I wanted to play first. Then Senator Kamala
Harris warning Americans not to say Merry Christmas. How dare you.

(07:08):
How dare you? How dare we speak merry Christmas? How
dare we? Why? Because until there was a permanent status
for illegal immigrants.

Speaker 2 (07:19):
Here she is, And only when they cleared that vent
did we give them DOCA status.

Speaker 1 (07:25):
And now we're talking about taking it away. It is
morally wrong.

Speaker 2 (07:32):
And when we all sing happy tunes and sing Merry
Christmas and wish each other merry Christmas, these children.

Speaker 1 (07:39):
Are not going to have a merry Christmas.

Speaker 2 (07:43):
How dare we speak merry Christmas? How dare we?

Speaker 1 (07:49):
They will not have a merry Christmas.

Speaker 2 (07:52):
They don't know if they will be here in a
matter of days, weeks, and months. Since September fifth, over
twelve thousand have lost their status each day, and one
and twenty two lose their status each week. Eight hundred
and fifty one lose their status each day.

Speaker 1 (08:16):
Matters? How dare we speak Merry Christmas? Wow? How dare
they allow unvetted illegal immigrants into this country that have murdered,
have raped, have beaten up cops, have committed assault and

(08:38):
robbery and all sorts of other crimes because they didn't
do their job and protect this country? How dare they
do that? Kamala? You have blood on your hands. Blood
on your hands, because how do you allow people into
this country and not do a background check. I don't

(09:00):
need her lectures. Now. Here's another report we learned about
Kamala Harris this week. She likes to throw around the
F bomb. That's okay, I hang out with Linda. She
throws around one about every thirty seconds when her pastor's
not around, and even occasionally in front of her pastor,
and constantly berates her staff, according to reports when she
was Attorney General of California. According to this new report,

(09:23):
an earthed op ed from Professor Terry Mcatteer published in
California newspaper that the Union describes the eye opening month
as son Gregory spent as an intern for Harris, the
presumptive Democratic nominee now the Democratic nominee actually officially, and
a Democrat with generational politics and ties to the party,
claimed his son was subjected to a side of Kamala

(09:46):
Harris which the general public does not know. Harris vocally
throws around F bombs and other profanity, constantly is berating
her staff and others. As ag Harris instructed her entire
staff to stand every morning as she entered the office
and say good morning. General. Gregory was also given instructions
to never address Harris nor look her in the eye,

(10:10):
as that privilege was only allowed to senior staff members.
The article is entitled Another Side to Kamala Harris, who
also alleged staff members did not initiate an introduction on
Gregory's behalf because they were in complete fear of her
when she was Attorney general. Now they've had a high
turnover rate as vice president as well. In other words,

(10:32):
are saying that she's a bully, she's not a nice person.
Now we see what is happening here. We see that
the same strategy that barely got Joe across the finish
line as they lied to the country and hit his
cognitive decline, is what is now in play. They are

(10:52):
trying Kamala Harris is not doing interviews. The media mob
is aiding at betting. They are complicit as always, and
they're doing their best to manufacture and protect Kamala Harris
from ever having answer any questions about her historic campaign.
You know all the adoring headlines. I predicted this when

(11:14):
I wrote this article. I said, if they replaced Joe,
I did it. The week after the debate on Hannity
dot Com and Foxnews dot Com, I should probably put
that up again. I said, whoever replaces him is going
to be hailed as the second coming of Jesus. And
since she has been coronated, not a single vote. Kamala
has refused any questions. She took one or two last

(11:35):
night she when the hostages landed big deals. He didn't
show up at the National Association of Black Journalists convention
in Chicago. And this is not new. In the last
three plus years as vice president, he's only participated in
a handful of interviews with many outlets. So why is
Kamala Harris hiding, you know from her adoring fans in

(11:58):
the media mob And the answer is is that she
doesn't do so well off script number one. But more importantly,
they are worried about the questions that would have to
be asked by anybody that claims to be a self
respecting journalist. What did you know and when did you
know it? About Joe's cognitive decline? And do you have

(12:20):
a problem about all the disenfranchised primary voters? Are you
still proud of about your leading role in the Afghan
withdrawal that was a disaster? What about d endless flipping
and flopping in just the past week on the issues
I just mentioned? You know, why do you no longer
support the mandatory federal gun buyback? Why do you no
longer support medicare for all and taking away private health insurance?

(12:41):
Why do you no longer support government guaranteed government jobs
that was a big part of the New Green Deal
she co sponsored. Why does she no longer support a
ban on fracking? Why does she no longer support defunding
the police. They're not going to stop. We're not going
to stop. They shouldn't stop. And why are you still
against the porting illegal immigrants that didn't respect our laws,

(13:02):
our borders, and our sovereignty. The border is an unmitigated disaster.
It is now a clear and present danger to the country.
And I contend, But I do pray, and I pray,
and I believe in God. I pray to God. I'm wrong.
I don't think I am. It's not if it's when

(13:22):
so Israel. The last time Iran attacked them was on
their own in terms of attacking Iran back. And now
we have reports today is that the Biden Harris administration
is demanding that BB NETNA, who stop escalating tensions because
Israel took out the leader and organizer of the Hesbelah

(13:46):
attack with an Iranian missile by the way, in the
soccer field that killed those kids, and they took out
the number one leader of Hamas inside of the country
of Iran. So the Ayatollah kaman A is now threatening
retaliation against Israel, and we have the Biden Harris administration

(14:09):
to demanding restraint and that they stop escalating tensions. So
they're not if they have an eye on a target
who was responsible for killing all these people on October seventh,
the equivalent of forty thousand Americans. We're not supposed to
lift a finger and support them. Oh that's right. We
learned this week Kamala Harris thinks we need to be

(14:31):
courageous and no longer use the term radical Islamic terrorism.
For those of you that are worried, understand the media
hasn't covered any of this yet. This has to get
into the bloodstream of American culture so they know exactly
who she is in her own words, solid as a rock, honest, truthful.

(14:54):
This is the Sean Hannity Show, all right. Twenty five
to the top of the hour. Here's toll free number.
It is eight hundred and ninety four one, Shawn, you
want to be a part of the program. Ninety five
days till election day, forty five days until early voting.
And well, it's an inflection point for the country. Not
good news on the economy, not good news on the

(15:15):
immigration front, not good news in the Middle East. Potential
outbreak of all out war in the Middle East is
hanging in the balance, and Kamala and Joe's advice is
to surrender and not defend yourself and don't use the
term radical Islamic terrorism, and God forbid you mentioned merry Christmas.

(15:35):
Don't say Merry Christmas. I want to remind you that
you know economically and when you hear the economy news
are going to give you, you'll understand a little more.
In a second. Here there is fear of a greater
or wider war in the Middle East. Even at this hour.
The Ayatola Kamani is threatening to go all in because

(15:59):
Israel rightly took out the architect and one of the leaders,
the top leader of Hamas inside of Iran, which is
what you do when somebody kills what would be the
equivalent of forty thousand Americans in a day. We'll get
back to that in a second, but we don't have
good news on the economy. This morning's disastrous unemployment reports

(16:21):
sent the Dow at one point they were down I
don't know, nine hundred points. Now they're done. Last I
looked about seven twenty five, seven fifty something like that.
On top of yesterday's horrific decline, economists are now warning
that a Biden Harris recession is looking likely sooner rather
than later. Elizabeth Warren is complaining that the Fed chair

(16:45):
Powell has made a serious mistake not cutting interest rates.
The reason they want Powell to cut interest rates they
don't care about implation. They just care about the election.
He's been warned over and over again that waiting too
long risks driving the economy into a ditch. Now, the
people that drove the economy into the ditch are Joe
Biden and Kamala Harris. They inherited one point four percent

(17:09):
inflation rate, and you know, throughout the course of their
presidency vice presidency, you know it's well over twenty plus
percent what Donald Trump handed off to them. The job's
data is flashing red she's saying, and Powell needs to
cancel the summer vacation, cut rates and not wait until September.

(17:29):
There's no guarantee. He said that they will cut rates
in September. If he does it, it's going to be
I think, because of political pressure. And he said recessions
have typically followed sustained rises in the unemployment rate. A
recession was not not guaranteed. It's not an economic rule
where it's telling you something must happen. Democrats on the

(17:51):
Joint Economic Committee, which is chaired by Martin Heirich, wrote
that seems like a good time to remind folks that
more prime age adults employed now than at any time
in history. Oh okay, we're going to go with that again.
You know one thing, Katie Kark, I'll go into more
detail later mentioned. Not a fan of Katie Krks, trust me.
And anyway, she does some stupid podcast. I guess they

(18:15):
call it hysteria. Not exactly the best choice of names,
of my view, But she says, for the first time
in her life, she sees the Republican Party winning over
the working class in this country. What have I been saying?
I've been telling you over and over this radicalized new
Green Deal, eliminate private health insurance, open borders, surrender in

(18:37):
the war on terror, no private health insurance, no fracking,
no drilling, surrender in the war on terror, seventy to
eighty percent tax rates, mandatory gun confiscation. You know, this
new party has gotten out of touch. They have become radicalized.
They are extremists, and their policies are downright danger on.

(19:01):
You know, Israel on the brink of a three front war.
In their message to Israel is to show restraint. Why
hasn't the message been since October the seventh. Imagine forty
thousand dead Americans in a day, because that's what it
would have been, and getting lectured by an outside country
on how we should fight our war on terror. Anyway,
back to the economy and current I think there needs

(19:22):
to be a greater connection between the working class and
the Democratic Party because, let's face it, the Democrats had
kind of lost the working class. It was never that
way during all my years of covering politics. At the
head of the Teamsters at the RNC, you have people
buying into this notion. Republicans care about dinner table issues
much more than Democrats, and these narratives have now become

(19:44):
deeply entrenched about liberal, college educated elites who are condescending. Well,
it's true, that's the problem. We saw that when these
you know, ivy school league brats were taking over buildings
and that literally we're waving pro Hamas flags, a group

(20:04):
that is dedicated in their own charter to destroying Israel.
Democrats to me to need to make a much stronger connection.
They're too busy, you know, disenfranchising their own voters. They're
too busy dealing with their Hollywood elitist idiot friends like
George Clooney and his wife that don't seem to understand

(20:25):
what murder, rape, kidnapping, torture and beheading is or any
other liberal new study finds this, Maybe Katie can understand
this part of it. It's bad enough the American middle
class is crushed by their Biden Harris inflation. You know,
it's over twenty percent since Donald Trump's been president. If

(20:46):
you run on the issue of, you know, are you
better off than you were four years ago, You're not
better off on the economy, the federal regulatory costs tax
the average American household more than fifteen thousand dollars dollars
a year under the Biden administration. According to the Competitive
Enterprise Institute in a report that they released this week,

(21:07):
households pay an average of fifteen thousand, seven hundred eighty
eight dollars in hidden regulatory costs. According to the annual report,
that's more than what they pay for food, clothing, education,
or any household expense other than housing, consuming seventeen percent
of their income. On average, Americans are spending twelve thousand

(21:27):
dollars more for the same items they were paying for
just a short time ago. You look at today's you know,
the economic forecast yesterday, I went into great detail, was
a disaster. We got our labor department, you know jobs,
you know, one hundred and fourteen thousand jobs added. I
mean the unemployment rate now has risen for the past

(21:50):
three months. This month's rise crosses a trip wire that
historically has signaled an economy that's in recession. And there's
the recession art is always a later indicator that you
don't know you're in a recession until after the recession
has been long underway anyway. The so called Pam rule,
or name for the former economists who came up with it, Claudia,

(22:12):
you know, she found that the recession is almost always
already underway. Of the unemployment rate based on a three
month moving average, you know, rises by half a percentage
point from its low of the past year. It's been
triggered in every US recession since nineteen seventy and this
hiring slow now noting that a deteriorating job market compete

(22:36):
on itself, never mind the two trillion dollars annually Harris
and Biden are taken on in debt every year. All
the stock market. They're not full of stupid people. Investors
now are reacting negatively to all of this. You know,
this one hundred measle one hundred and fourteen thousand jobs
in July, much less than expected. The unemployment rising again

(22:59):
not a surprise to me because of their economic policy
as a disastrous You know, we have a manufacturing slump,
we have a transportation slump that's been going on for
a couple of years now in terms of transportation of
goods and services around the country. We now have sinking
treasury yields, which also have jump started jitters about everything

(23:25):
ahead of this was before the jobs report came out,
But I mean, you look at this look the stock
market doesn't affect every American. I don't look at it
as the biggest indicator, but I look at it as
a problematic for every American. Twenty five percent of Americans
went without meals last year. Sixties. Nearly two thirds of

(23:47):
Americans say that they are gulping water when it comes
to their finances. And all we hear is inflation is transitory.
In the border secure And Joe Biden has absolutely he's
got more energy than the age American. He gets more
done in an hour than the average American does in
a day. And don't say radical Islamic terrorism, and don't

(24:09):
say Merry Christmas, and don't say illegal alien. And we
should get rid of private healthcare. The same people that
run the post office and your educational system now want
to run your healthcare system. Good luck with that. Don't
say illegal alien. Don't say that it's criminal to enter
the country illegally. No fracking. Ban fracking, ban drilling, but

(24:32):
don't ban any abortions, no restrictions on that up to
the moment of birth. Pretty sick surrender in the war
on terror. Tell Israel they're on their own if Iran
attacks them. While they're being attacked by Hesbala in the
north of Lebanon and Almas out of Gaza. Oh and
let's have a seventy to eighty percent tax rate. Oh
that's great. Not just a brilliant idea, but this is

(24:56):
now the radicalism. If you look at the border, it's
a disaster. We have gone over all of the positions
of Kamala Harris and the dangers of the border. If
you look at law and order and safety and security
and are saying it's wrongheaded to think the more police
officers will make community safer. And the call to reimagine

(25:20):
the police and praising defunding the police and tweeting out
the Minneapolis bail Fund after Minneapolis Freedom Fund rather after
the Minneapolis police precinct has burned to the ground. Is
it just shows the radicalism Kamala is saying the record
high gas prices of Joe Biden and Kamala Harris, it's

(25:42):
the price to pay for democracy. Oh and we got
to cut back on red meat, give up your plastic straws.
And let's cancel the Keystone XIDL pipeline that would have
lowered the cost of energy in this country. Now Americans
are paying the highest electrics that the costs that they've
ever paid, and she supports sanctuary cities. I mean, at

(26:05):
what point do we not realize how radical, extreme and
dangerous these policies are to this country. I don't know
how many different ways to say it.

Speaker 2 (26:16):
Now.

Speaker 1 (26:16):
The medium mob is not going to tell you we
have the Kamala files. It's on Hannity dot com. I
suggest you download the audio and download the list that
we have up there, and you can give it to
your friends, your family, your co workers, and strangers. For
all that matter, I don't really care. Interesting side note

(26:36):
is that Mark Zuckerberg is now apologized to Trump saying
he will not be supporting a Democrat. Really, he called
them to apologize for censoring iconic photos of his attempt
at assassination, while adding that he has no intention of
supporting a Democrat for president this year. Well, that significance
in Zuckbucks or Zuckerbucks you know, spend over four hundred

(26:59):
million dollars in twenty twenty to help get out the
vote for Joe Biden. And remember big Tech, they suppressed
the very true story of the Hunter Biden laptop. That
was very real, unbelievable times we're living in Secret Service
whistleblower has claimed that the agency's director cut threat assessment teams.

(27:22):
The acting Director of the Secret Service personally directed significant
cuts to threat assessment teams ahead of the assassination. Senator
Josh Hawley, who was thrown off the Butler, Pennsylvania property,
clashed with the Acting Director, Ronald Rowe at the oversight
hearing this past Tuesday. But anyway, whistleblower has alleged to
my office that the Secret Service Surveillance Division, the division

(27:45):
that performs threat assessment of event sites before the event occurs,
did not perform its typical evaluation of the Butler site
was not present on that day. It's significant because their
duties include evaluating potential security threats outside the security perimeter
mitigating those threats during the event. The whistleblower claims if

(28:05):
personnel had been president at the rally, the government would
have been handcuffed in the parking lot after being spotted
with a rangefinder, and maybe they would have found the
explosives in the car. But don't worry. They were too
busy doing other things, you know, like negotiating a deal
not to give the death penalty to the mastermind of

(28:26):
nine to eleven, oh one that killed twy nine hundred
and seventy seven Americans, and then claiming, oh, he had
no idea, We didn't know. These families that have vict
that who lost loved ones from nine to eleven and
nine to eleven related illness, they've been waiting since two
thousand and one for justice, and they just make this
deal and then claim after the fact, Oh, we had

(28:48):
nothing to do with that, nothing at all. We didn't
have anything. Oh we wouldn't have I don't know where
that came from. I have no idea. The amazing and
we'll get into this later, is pro Palestinian activist Michael Moore.
They're now really really attacking Josh Shapiro and pushing Kamala Harris,

(29:08):
who it seems like she was prepared to take. There's
been a smear campaign on the left by against Shapiro.
Josh Shapiro spent two hundred and ninety five thousand dollars
in taxpayer funds to settle a sexual harassment complaint against
his top AID after the AID tried to pressure a
female staffer into having sex. Progressive Democrats warning Kamala Harris

(29:31):
not to pick a Jewish vice president. Wow. That's such
a moderate party, isn't it. It's such an open party.
They're so open minded. Michael Moore saying it's a big mistake.
She may lose Michigan if she picks Josh Shapiro because
he was against BDS and he referred to the college
student says to the ku klux Klan says, bad choice.

(29:54):
He's Jewish. Wow.