Episode Transcript
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Speaker 1 (00:02):
We're going to talk about race communism, We're going to
talk about resisting it. Liz Wheeler's going to talk to
us about the nuclear family. Jeffrey Tucker educates us on
the Federal Reserve. What a show tonight, And I'm right now,
(00:23):
before we get into the rest of the show, I
just wanted to say a prayer for the Kirk family.
As you're well aware, Charlie Kirk got shot earlier today.
Unbelievable madness, unbelievable violence out there, and there was a
family in desperate need of your prayers. So prayers for Charlie,
Prayers for his family. Let's talk about race communism in
(00:46):
the wake of this horrible, horrible murder that we've all
been talking about, dwelling on angry about all week. Young
Ukrainian woman on a train gets slaughtered by some savage
who should have been in a cage a long time ago.
And of course when he got up audio is a
little rough, but you can hear it. After he had
(01:08):
gotten done shoving a knife into her throat three times,
he got up and he said this, So let's talk.
Let's have an honest, possibly offensive talk about why there
(01:28):
are so many of these stories where you have a
black criminal attacking a white person, oftentimes killing. Why does
it happen so often? And then they say things like that,
So let's discuss race communism. There are several different ways
communists attempt to destroy a society, several different communist branches
(01:54):
in America. As we've noted several times before, they all
want the same thing. They all have the same goal,
that destruction of the country. They just have different branding.
You know, there's the feminism, there's the LGBTQ demon mob stuff,
there's and of course climate. But race communism, why is
that so successful? Well, here's the truth of it. Race
(02:16):
communism is the easiest one to sell, the easiest one
to sell. It always has been American race communism. Don't
think for a moment it's unique. Now use this extensively.
They used it in the Soviet Union. This is all
the way back every communist revolution. They understand how easy
(02:40):
the cell is. Hey, you, everyone who looks like you,
you've been oppressed by who, by them? And if you
give me power, I will hurt them for you. It's
an easy cell. And angry people, bitter people, stupid people,
they gobble it up. Oftentime, and they march forward here
(03:02):
in the United States of America. Don't forget, don't ever
forget this. The Soviet Union back when it existed, they
infiltrated the civil rights movement in the United States of
America because they recognized exactly what I just said, that
they had an opportunity to tear this country apart from
the inside and filtrate that movement. Take it from wanting
(03:26):
equal rights for everybody, turn it into some white grievance
movement where you know, you got to go kill whitey,
and then it can go a long way to breaking
up the United States of America. That was done to us,
and it was done to us on purpose. It wasn't
an accident. Now fast forward to where we are today,
(03:47):
because it's gotten to a terrible, terrible place. Why does
this happen over and over and over and over again.
That story out of Charlotte is one story of so many.
It happens because Democrats are communist who push this stuff
all the time, all the time. From Joe Biden standing
in front of a room full of black people telling
them Republicans want to put them back in chains. From
(04:11):
the American media doing everything they can to cover for
a black criminal whenever a black criminal commits a crime,
and the endless browbeating that white people are evil, white
people are evil, Black people are oppressed, white people are evil.
Maybe that doesn't have an effect on you no matter
your skin color, whether you're white or black, but you
(04:31):
should know there is a violent black underclass courtesy of
the broken up black family. And when they hear those things,
they act. And that's why this continues to happen over
and over and over and over again. The media will
coddle them, the Democrats will encourage them, and they will
(04:52):
march out and they will murder some more. And now
let's move on past Democrats for just a moment, because
we got to where we are now with this crime
rampant get out of jail free card for every minority
in the country. We got to where we are now
in large part because of the George Floyd riots and protests.
(05:14):
They were always working on this, as we just mentioned,
clear back to the Civil rights era, but once George
Floyd died, American communists recognized it for what it was,
a bad looking video that created a wonderful opportunity for
them to destroy police departments and set violent criminals free
so they can go hurt people. They recognized the opportunity immediately,
(05:38):
and I and you, I'm sure you were there too.
I recognized it immediately for what it was. The day
George Floyd died and I started to see what was
happening in the media in politics, it was very obvious
that this was turning into a communist operation to destroy
the United States of America. I recognized it, recognized it,
(06:01):
but the GOP did not. We elect these people in part,
in large part because we want them to be a
shield for us against the communism. But I want to
remind you we are where we are today because of
the George Floyd protests, and when the George Floyd riots,
(06:22):
when the cops are racist, when that narrative was being
cemented into the minds of Americans across the country, the
GOP participated.
Speaker 2 (06:32):
Community is color and people like myself. I've told my
story several times, stopped seven times in one year. That
has been said a lot. But I was stopped this
year driving while black when I got a warning ticket
for using failing to use my turn signal earlier in
my lane change. And so this issue continues, and that's
(06:54):
why it's so important for us to say that we
hear you, We're listening to your concerns. The George Floyd
incident certainly accelerated this conversation, and we find ourselves at
a place with a package that I think speaks to
the families that I spoke with yesterday who lost loved ones.
(07:14):
We hear you. I think this package speaks very clearly
to the young person who's concerned when he stopped by
the law enforcement officers, we see you.
Speaker 1 (07:28):
The GOP. When the communist fires were raging, the GOP
did not grab a water hose. They grabbed a gas can.
John Cornyn, James Langford, United States senators from Red States
standing right beside Tim Scott, pushing that evil, dishonest filth.
(07:49):
Let us remember what the GOP's role was in bringing
us to where we are today. Now. The good news
is we are starting to see some positive changes. Caroline
Levitt and the White House talked about that horrible murder.
Speaker 3 (08:06):
Enough is enough, and that is why President Trump is
doing everything in his power by taking action to undo
these absurd policies. The President recently signed a powerful executive
order directing the ag to submit a list of states
in local jurisdictions with cashless bail policies so that the
Trump administration may identify federal funds that can are being
(08:27):
provided to these states and can potentially be suspended or terminated.
President Trump firmly believes that to maintain order in public safety,
we must incarcerate individuals who's pending criminal charges or criminal
history demonstrate a clear ongoing risk to civil society. This
is a common sense and sensible approach that the vast
(08:49):
majority of Americans agree with, and it's time for the
Democrat Party to get on board with what is right.
Democrats in North Carolina and nationwide are consumed with pushing
a woke, soft on crime agenda, no matter how many
innocent Americans suffer as a result.
Speaker 1 (09:05):
Okay, a lot of that was awesome, credit to her,
credit to the Trump administration. But if I may, it's
not soft on crime. Stop saying that they're not soft
on crime, not even a little bit soft on crime.
They are not naive, they're not misguided. They intentionally put
(09:29):
the most violent people in our society back into society
because they want people murdered and raped and robbed. It
is not soft on crime. Stop giving them that benefit.
They have not earned it. They want people murdered because
it destabilizes society. Every single communist revolution has done the
(09:53):
exact same thing. Set the criminals free, then put into
place a legal system that ensures the criminals stay free
during the revolution phase. Stoping soft on crime. Look at
the CNN panel, and I want you to understand something
as you watch this, I want you to understand every
one of these dirty communists they want your daughter raped.
(10:17):
He did actually serve time for the violent offenses that
he committed.
Speaker 4 (10:21):
But he was a career criminal, a repeat offender who
was let back onto our streets despite a really bad
criminal record that suggests he should have been locked away
for life because he was threatening the public. He was
a menace to society.
Speaker 1 (10:33):
He should have been locked away for life for what.
Speaker 4 (10:36):
Now he should have schizophrenia.
Speaker 5 (10:39):
You want to you actually said that, You actually said.
Speaker 4 (10:42):
That isolated institutions. Actually, what you're saying is that this
man should have been roman.
Speaker 5 (10:56):
Watch it people in prison for schizophrenia.
Speaker 4 (10:59):
And he demonstrated violent proclivities.
Speaker 6 (11:02):
He said he should be locked away for life for schizophrenia.
Speaker 4 (11:05):
He institutionalized. Yes, And if you're saying they should not.
You're saying that young women like you and me are
basically just we're lambs into the slaughter. You go on
public transportation in this city. That could happen to any
single one of us.
Speaker 6 (11:18):
I use public transit constantly. That is completely unhinged. Frankly,
people shouldn't be locked away for mental illness. They should
be treated for it.
Speaker 1 (11:31):
That young lady, she uses public transit. Anyone who lives
in a big city now and uses public transit sees violent,
dangerous people almost every single day. And she does too.
But she is so committed in her heart to destroying
this country that even if it means her own harm,
(11:51):
she still wants the animals turned loose on you, your family,
on your street, your wife, your son, your daughter, your husband.
We are not dealing with soft on crime, and please God,
get it through your head. We are not dealing with
naivete They want the animals loose because they want them
to hurt you. This helps their revolution. Did you hear
(12:15):
this story out of New York? This endless kill whitey rhetoric,
black people are oppressed rhetoric gives you things like this.
Speaker 7 (12:24):
The NYPD is searching for the suspect in a horrific
double homicide, robbery, and arson. Here is what we know
so far. Video obtained from the Belrose neighborhood of Queen's
on Monday at approximately ten am shows a suspect approach
a home and speak to an occupant. Witnesses state that
(12:45):
the suspect claimed that he needed assistance, that his phone
battery was dead and he was asking if he could
enter the house to charge his phone. At this first house,
the suspect is denied entry. He then proceeds on foot
to a second house the incident location. At that house,
(13:06):
video shows the suspect interacting with the male victim, and
it appears the suspect was allowed into the backyard. At
approximately ten eighteen a m. The suspect and male victim
are seen entering the rear door of the residence. The
suspect is next seen on video exiting the house. Five
hours later, about fourteen minutes after the suspect was seen
(13:29):
on video leaving the residence, at around three twenty two pm,
the fire department responded to the location after being notified
of a fire there by a member of the victim's family.
Once the flames were under control, Two victims were found
deceased inside the home. Mister Alton was found in the
(13:50):
basement tied to a pole with multiple stab wounds. Missus
Alton was found on the first floor severely burned. Mcgrit
has a lengthy violent criminal history stretching back thirty years,
including multiple robberies. He is currently out on parole.
Speaker 1 (14:12):
Democrats set that animal loose on purpose, Remember that and
plan accordingly. All that may have made you uncomfortable, but
I am right. We'll talk to Liz Wheeler about this
in a moment. Before we talked to Liz Wheeler, switch
your cell phone service. The George Floyd protests we just
(14:33):
brought up. They had corporate sponsorship and if you have
Verizon AT and T or T Mobile, I would highly
suggest you go look up what they were doing while
the animals were turning our cities into a nightmare. My
cell phone company, Pure Talk, they didn't sponsor it. They
would never. When Pure Talk gives back, they give back
(14:54):
to veterans. Pure Talks CEO fought for this country in Vietnam,
two tours with mac v song. That's my company. I
want to switch save money, Pure Talk dot com, Slash,
Jesse TV we'll be back.
Speaker 8 (15:16):
What is the brokenness of the nuclear family, the brokenness
of the black family, the fact that drugs and by
the way.
Speaker 6 (15:27):
The family in general you can point to I don't
know that the other world.
Speaker 8 (15:32):
This is also true for the murderer, the two young children,
black men.
Speaker 1 (15:39):
An wants to touch the nerve with that one joining me?
Now the lady who touched that nerve Liz Wheeler of
the Great Liz Wheeler Show. Hey, Liz, what in the
world got hers hackled so far up? I mean, the
numbers are the numbers. Yeah.
Speaker 8 (15:54):
I was surprised that she would be so triggered by
something Barack Obama said a decade ago.
Speaker 9 (15:59):
But you know, you can't always predict with these socialists,
what exactly.
Speaker 8 (16:03):
Is going to get them going. I think that's probably it.
I did not know who she was before I debated her.
I looked her up afterwards, and it turns out that
she's not just a Democrat, a former Democrat state rep.
She identifies as a Democrat socialist. So think about this
for a second. If you were to make the statement that, oh,
it's good for children, it's good for adults, it's good
(16:24):
for communities, it's good for society. It's good for our
country if marriages are intact. It would be great if
we encourage and incentivize black families to remain intact. Think
about what that would entail. Think about the implications of
that statement. That would require us to promote marriage between
one man and one woman versus this redefinition of marriage
to include same sex couples. It would require us to
(16:46):
acknowledge the objective truth that a man is a man
and can't be a woman, and a woman as a
woman and can't be a man. It would require us
to actually be happy when children are created, instead of
portraying children as a burden and terrible. And it would
also so require just this general idea that government is
not your parent, that government's role is not to be
(17:08):
in charge of you or take care of you, that
that primarily falls on the nuclear family as created by God.
All of these things, Jesse are the antithesis of the
socialist ideology that she espouses. So, yeah, what I said,
Barack Obama beat me to it by about a decade,
and he said it honestly more beautifully than I did.
(17:29):
But the reason she's so triggered is because socialists need
to destroy the nuclear family. They can't bear the thought
of actually trying to fix the brokenness that black families
are experiencing today.
Speaker 1 (17:41):
Why, Liz, why is it that they would destroy something
as wonderful as the nuclear family to parents, a man
and a woman, by the way, to parents, kiddos, Why
would you ever want to destroy something like that?
Speaker 8 (17:54):
Well, if you look to Antonio Gramsy, the Italian Marxist,
he was the one who wrote and said, listen, when
Marxist revolutions are successful, it's not because of economic discontent.
It's not because the working class revolts against the ruling class.
When Marxist revolutions are successful, they're successful because first the
civil institutions in a country, that's the media, the education system,
(18:18):
the law, religion, and the nuclear family are first destroyed.
And once those civil institutions are destroyed, because that's what
people rely on, then a free government can be toppled
and Marxism can be imposed on the people. What we're
seeing in our country I wrote about this in my
book Hide Your Children, exposing the Marxists behind the attack
on America's kids. What we're seeing in our nation is
(18:39):
this deliberate, relentless attack on the nuclear family for the
express purpose of destroying it as a civil institution. That's
why we see the Black Lives Matter movement doing the
same thing with the law, the resortive justice policies that
allowed the murder of Irina Zarutska in Charlotte, North Carolina.
That's an attack on the civil institution of the law.
We see it on the education system, critical race theory
(19:01):
and transing our kids.
Speaker 9 (19:02):
In public school classrooms.
Speaker 8 (19:04):
What we see the wokeness that's infiltrated and pervades, especially
evangelical churches in our country. We see this in all
of the institutions that Gromsey identified as the institutions that
need to be destroyed before a free government can be
toppled and Marxism can be imposed on people, Liz, the right.
Speaker 1 (19:24):
Much of the right, not all of it, not at all.
We are waking up, slowly but surely. But so many people,
especially normal people, struggle with realizing acknowledging that the destruction
is intentional. You know, they get soft on crime, as
if that's their policy. They're just two knights, Liz, that
people don't understand. They want people murdered, they want people raped.
(19:46):
That's how you destabilize and break up a society. It's
not a whoopsie. An animals stab some woman to death.
That's what they want.
Speaker 8 (19:55):
Yeah, if we don't acknowledge the reality of the political
enemy that we face, then we won't be able to
defeat it.
Speaker 9 (20:01):
But that's one of.
Speaker 8 (20:02):
The things that actually has changed in the last five
to ten years. This is I mean, you could call
it the red pilling of the right if you want.
A lot of people have had their eyes open to
the reality of what we're facing. Whether they saw the
Black Lives Matter riots of twenty twenty, you know, these
these mad Marxist riots in the name of racial justice,
(20:23):
which sounds good, we all support racial justice, but really
they were about the destruction of private property and the
destabilization of our criminal justice system.
Speaker 9 (20:31):
People didn't like that.
Speaker 8 (20:32):
They were incredibly red pilled to see Democrat politicians supporting
arson and robbery and theft and assault of police officers.
And then you had COVID, which opened people's eyes to
the fact that the experts lie and manipulate and harm
you for their own profit and power. You see this
incredible pushback against the technocracy that has gripped us for
the past generations, and I actually find it incredibly encouraging.
(20:56):
It's why I think there's also this spiritual renewal that's
happening country, Why so many young men are becoming conservative,
why so many young men are becoming Catholic, because they realize, actually,
what we're facing in our country is not Republicans bickering
with Democrats. We are in a spiritual battle of good
versus evil. And when you recognize that, then you begin
(21:16):
to explore, Okay, well, if what we're facing this discrimination
against men, vilifying men for being for having testosterone, telling
them that they're toxic, that they're inherently they're inherently rapists,
if they're not indoctrinated out of it, deprived due process,
when they're faced false accusations by you know, crazy women.
When you face that, you realize that's not just soft
(21:37):
on crime.
Speaker 9 (21:37):
That's evil. And if there's evil, there must be good.
Speaker 8 (21:40):
And so the younger generation specifically, as much as we
like to criticize them, they're actually exploring what is good,
and they're finding, of course the author of that of
all things good, and that's a positive thing.
Speaker 9 (21:55):
But it does sometimes.
Speaker 8 (21:56):
First require you to have that jarring moment of acknowledging. Wow,
what we're facing is actually deliberate destruction of everything that
we know and love.
Speaker 1 (22:08):
Liz, how do we tackle this when they're not sorry?
I mean that judge who turned that animal loose is
not sorry. Democrats are not sorry. Democrat politicians, judges, media, people,
they're not sorry for what they believe. They're not asking
for forgiveness. They have not shed a single tear, nor
will they. It's going according to plan. How do we
defeat that.
Speaker 8 (22:29):
By prioritizing justice over misplaced compassion. It's funny actually that
you mentioned compassion before, like, oh soft on crime. They're
just a little bit too sympathetic to criminals. That's what
some Republicans think about Democrats, when the reality, of course,
is that Democrats are doing this on purpose. The party
that actually suffers from misplaced compassion is the Republican Party.
(22:52):
The Republican Party extends too much benefit of the doubt
to our opposition because we want to love humanity.
Speaker 9 (22:59):
We do love humans. We know there's good in every person,
and we want to draw that out of people. We
don't want.
Speaker 8 (23:04):
To write them off, we don't want to consign them
to a life of misery because they once held a
bad opinion the Republican Party. Though, while that's a fine
attitude to have maybe in your personal life or in
your spiritual life, when it comes to the application of government,
our highest moral value is justice, and justice does not
(23:25):
allow injustice. Justice does not allow racial equity, and criminal
justice task forces to allow criminals who happen to have
black skin be let off fourteen times because he happens
to have black skin at the detriment, of course, of
the poor woman who was left to bleed out on
the train after she was stabbed in the throat three times.
Speaker 1 (23:49):
So freaking sad, Liz, appreciate you. Come back soon. Jeffrey
Tucker is going to talk to us about the Federal Reserve.
I promise you you're about to get smarter. I'm about to
get smarter, and Lord knows I need all the help
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(25:18):
Who is Lisa Cook? Why do we keep hearing this name?
Why does Donald Trump water gone? What's happening out there?
We're going to talk about that and so much more
with the Great Jeffrey A. Tucker, President of the Brownstone Institute,
wrote a book called Spirits of America. I would highly
highly recommend it. Jeffrey, what's with this Lisa Cook business?
Speaker 5 (25:42):
Yeah, well, she has no qualifications to be a federal
on the Board of Governors of the Federal Reserve. It's
it's absurd she's not even really theoretical economists, much less
a monetary banking economists. She has done, you know, a
handful of papers on economic history. It's it's it's not real. Obviously,
she's put in there for reasons unrelated to her, to
(26:06):
her competence. But what Trump's up to here is something
really quite ingenious. He doesn't He would like to get
some clarity on exactly the extent to which weather and
to what extent the voters representatives have any power over
the Federal Reserve at all, any kind of stake in
the monetary system, any ability to control the Central Bank,
(26:32):
which has been founded in nineteen thirteen, as supposedly as
an independent agency. There's no such thing in the US
Constitution as an independent agency. It doesn't give three branches
of government and then have like a footnote, oh, also
independent agencies. That's not true.
Speaker 1 (26:47):
That's not there.
Speaker 5 (26:49):
It's very clear from the Constitution that Congress is supposed
to be in charge of money and finance, even coining money,
and so Congress that over to this thing they called
the Federal Reserve. Mostly it was called that for marketing reasons,
and nobody's known what to do about it. Ever, since
(27:09):
except that it's this beast loading it over the entire
planet Earth with the power to print the world's most
powerful currency onto infinity. So Trumps decided he wanted to
do something about this and test what is the constitutionality
of this of this structure. In many ways, it is
a dream of all of us for our entire lives,
(27:32):
and the dream of many people really for one hundred
and ten years. So it's all happening now. And he
decided to use the implementation clause that Congress wrote concerning
the FED, saying that the President can remove a member
of the Board of Governors of the Federal Reserve for
a cause. That's the words that use for cause. What
(27:52):
turned out least caught cook as is apparently from all
the evidence we can find, unless there's something I've guilty
of a federal crime of mortgage fraud, she listed two
separate primary residencies on her mortgage applications in order to
get a favorable interest rate of interest, yeah, that's special,
(28:15):
and then also favorable tax treatment. As any body involved
in buying and selling Holmes knows that you can only
have one primary residence. She has two, So that's a problem.
And she should have never been appointed, not just because
of this reason, but because just on the marriage, she
shouldn't have ever been there in the first place. It's
(28:36):
like some sort of weird joke. So Trump said, all right,
you're gone, all right, seemed like good cause. And now
it's hit the courts already, and it's going to be
decided probably eventually about the Supreme Court. And I have
to think that if they're reading the Constitution, they care
(28:58):
what it says, that they're going to issue a decision
here that is going to be really impactful and change
the course of American monetary and financial history.
Speaker 1 (29:11):
Okay, so help me understand why it would change so much.
Aren't they just deciding you can fire Lisa Cook or not?
Is it beyond that?
Speaker 5 (29:21):
Yeah, well, it has to do with who's in charge
of the Central Bank, who's in charge of the Federal Reserve.
I mean, right now, there's just kind of this floating
abstractions out there. Yeah, the president gets to appoint a
new Federal Reserve governor, but his tenure, you know, it's
awkward because it doesn't dovetail with the presidency either. So
there's been a long running assumption that that the Fed
(29:44):
really can do whatever it wants and nobody can control it.
Most presidents have been afraid to fuss with the Fed
because they're afraid there will be some weird revolt in
the financial markets. The bankers are going to get upset,
the bond markets are going to freak out. So everybody's
kind of left it alone, excepting to the extent that
they could sometimes nudge just center back to lower rates
(30:05):
to give them a more favorable rate of growth or
something like that. But for the most part it has
been this sort of untouchable holy institution. Trump doesn't really
see that that way, and so if he manages to
be able to just fire one of these people for cause,
now you've got a new sort of cudgel or a
(30:26):
direct sort of way that the people's representatives can actually
impact the function and control of the Federal Reserve. I mean,
what's next external audits That could be very interesting. So
it's really important now. Already we've seen one court decision
come out about this and they said, no, no, no,
you cannot fire her because that would interfere with the
(30:48):
independence of the FED. So you see what's going on here.
There's a great desire to protect the independence of this FED. Now,
one thing I do want to point out is that
since Trump became president, he's been testing the constitutionality of
the administrative state at every step, whether it's going after
(31:10):
the State Department, the Usaid, Private Education, engaged in mass
firings at this agency of that agency withholding the funds,
defunding things, firing agency heads all over the place. And
each one of these things has been reversed by a
federal district court and joining, no, you're kind of that.
(31:31):
You're a president and the president has to totally be
submissive to the administrative state. And each time these went
to Supreme Court, Supreme Court has issued an opinion saying no,
that department exists under the executive branch. And Article to
section one says, the US President is the head of
(31:54):
the executive branch. So there are for the president or
the president's representative can exercise some discretionary power over the personnel, funding,
and structure of executive branch agencies. Now, so far that's
been fine. It's affected the State Department, Department Labor, Department
of Energy, Department Agriculture, whatever, whatever. These are the civilian branches.
(32:17):
But there's this other thing called the Federal Reserve. Well,
where does it exist in the org chart of the government. Well,
you can pull it up and see it exists right underneath.
You guessed it. The executive branch. Congress punted it, turned
over banking powers and the power of coinage to the
(32:42):
executive branch. That's where That's where it exists. There's no
such thing as an independent agency that doesn't live in
one of the buckets. The Federal Reserve lives in the
bucket of the executive branch. So this is hugely important
to understan And if Trump manages to get a judgment
(33:03):
from the Supreme Court saying the obvious, then everything could
change about the Federal Reserve and America's monetary policy.
Speaker 1 (33:14):
Jeffrey, let's shift gears here a little bit and talk
about tariffs. They've been on everyone's mind. Trump's a big
believer in them. The Supreme Court is apparently going to
dig into this. Now, what's the reality? Are they working?
Are they not working? Is it? What's the Supreme Court
going to say? Dump it on us?
Speaker 5 (33:31):
Yeah, this is a good transition because we've already talked
about where these powers belong in the three branches of government.
With the tariff power. The Constitution similarly put that with Congress.
They said Congress should have this power over this, and
that was for a deliberate reason, because they didn't want
(33:54):
the president to engage in tariff policies that would be
partisan based on this region's international interests, in economic interests
versus that one. Now, back in those days, the northern
parts of the country were obviously inclined more towards its
(34:18):
banking industry and these sort of things. The Southern States,
with slavery and agriculture as the root of their economic life,
was completely different. The northern States was inclined more towards protectionism,
and the South more inclined towards cultivating export markets for
(34:44):
its product. So the tariffs in many ways might have
been beneficial to the North, but not beneficial to the South.
So the power was left with Congress now, and that's
pretty much the way it stayed for most to the
US history until the Smooth Holly Terrif Act. Until after
(35:06):
the Smooth Holly Terriff Act, Congress kind of messed up
at the beginning of the Great Depression and passed huge tariffs,
which everybody at the time, at least after a few
years began to blame the tariffs for the depths of
the depression. So gradually, between nineteen thirty four and then
nineteen forty six, the power to control trade was transferred
(35:29):
by Congress over to the president, and then we had
the offices of the US Trade Representative and all these
powers belonged to the president. So by the time Trump
comes along, he's a strong believer in tariffs. Obviously, he's
made very clear and has never seen much of a
rationale for outsourcing jobs or relying primarily on imports when
(35:53):
you could make it at home, these kinds of things.
This is his outlook. And so he used his power
over trade to all these policies well, and so doing,
he also shattered seventy years of precedent and you could
say progress towards a low tear of globalized world. He's
just absolutely ratcheted back the other way in this shocking way,
(36:16):
and nobody could stop him. So what's to observe about that?
I mean, I will say this, He's using powers that
are not granted him in the Constitution. They're granted him
by legislation from Congress. So what does the Supreme Court
say about that? You know, I could see it going
(36:37):
either way. At this point, Congress did transfer the power.
The question is can they transfer that power? I mean,
are they constitutionally allowed to transfer to another branch that
which the Constitution specifically assigns to them. I could see
the Supreme Court saying no, they can't do that, and
so therefore Trump not have these powers that he claims
(37:02):
to have over tariffs, and therefore they belong with Congress.
And so that's a solution I would prefer. One thing
is that I think we've learned over time. I mean,
I've learned this over time. It's usually best not to
second guess the wisdom of the founders. I mean, maybe
they're wrong about this point at that point, but generally speaking,
(37:23):
there was a wisdom in what they did that sometimes
one generation or one political moment, it's not obvious what
that is, but as time goes on you begin to
see it. I think this is true in the case
of coinage with Congress and the case with tariffs with Congress.
I think in the end this would be a good decision.
(37:43):
What that would lead to. There's not some calamity that
Trump's predicting. I think he's really being hyperbolic about this.
What it would lead to is that the Republican dominated
Congress would then have to pass legislation and that concerns
tariffs and come up with something that was a little
(38:04):
bit more comprehensible than this arbitrary stuff that's going on now.
Now Trump would say, well, that's a terrible idea that
totally takes away all my powers to make deals. And
that's true. It's kind of an impressive the way you
use the tariff power for deal making. But also again,
that's exactly what the US Constitution did not want the
(38:25):
president doing. It was making deals with everybody. They wanted
one single rule for the world. They thought that Congress
was the best institution to make that happen.
Speaker 1 (38:36):
How badly did the Biden administration lie about well, I
mean everything under the sun, but about the jobs in
the final year when they were running this Job's revision,
I mean, revising down a million jobs. Is that's not
a small thing.
Speaker 5 (38:51):
It's unbelievable. I was realizing something. I and to tell
you truth, I've known this for four years, something on
a stound. In fact, that for the first time in
modern life, and I'm gonna say since maybe the eighteen eighties,
something like that. We as a country and a society
(39:14):
as observers, have really no clue where we are in
the business cycle. This is weird because you know, ever
since we've had a record, we've known, oh, this is
a recovery, this is a recession, and we do this
based on jobs data, inflation data, GDP data, all these things.
But ever since the lockdown's happened, everything has been crazy
(39:38):
and a lot of it has just been made up.
You watched this unfold. I watched this unfold. More and
more data that's coming out from the federal government during
the Biden years, I would just look at and go,
that's fake. That's not real. You made that up. That's
been consistent with what we're saying from private sector sources.
I'm known for four years. Stuff is all nonsense. Well,
(40:01):
Trump's trying to clean up the mess now and he's
got some new good people coming to the BLS and
so on. But meanwhile the truth is trying to come out.
So this new job's revision is easily the biggest in history.
And it's like, well we thought there were a million jobs, Whoops,
they're gone. Okay, So I mean the amazing thing about
(40:25):
that is that while these great new job creation was
promoted all of last year in anticipation of the election,
by the way capital markets were responding that the stock
markets were responding that voters were responding to that they
might feel a certain job in security, no people are
at a job, or no people that are working five jobs, whatever,
(40:46):
but they had a sense. Well, the national media says
there's massive job creation all over the place. The scientists
say that, so surely there is. I'm going to fix
my courchaon hear say, so, surely that is really happening.
They wouldn't lie to me about that, right, But of
course they weren't lying the entire time, so none of
it was true. I mean, the election would have been
(41:07):
much worse for Kamela than it even was if the
truth about the jobs numbers had actually come out last year.
But they didn't come out. It was all vaporware. It
was all of a fable. They were telling economic fables
for not just last year, but the previous three years too.
Speaker 1 (41:30):
Jeffrey, before I let you go, tell me about well
I already know about it. But tell everybody about spirits
of America.
Speaker 5 (41:37):
Oh thank you. Well, I have to say, you know,
I've written twenty books. This is so far easily my favorite.
It's the only one that I keep picking up and reading,
which is when I've heard of other authors doing this.
They write a book and they keep picking it up
and rereading it. I used to think, well, that's pretty
self indulgent, and I never did that. Well, it turns
out the reason I didn't do that is because I
didn't really like the other books I wrote that much.
(41:59):
Not as much is this one. I'm really nuts for
this one. This is my sort of post lockdown private
reflection on the meaning of all of the physical world
and the mores and values that built American prosperity and
family life and community life that we during the lockdown
period and after we tended to completely forget because we're
(42:24):
attempted by this delusions of a utopian world born of
digital big tech companies and that sort of thing. This
is a book about the actual values and the practices
and the habits that really made this country prosperous, and
I argued that we need to be rallying around those.
(42:47):
It's got fifteen short chapters, and I commissioned fifteen beautiful
penanic drawings to give it out sort of a feeling
of nostalgia about it, but I'm very proud of the work,
and I'm very happy that it's being review well and
selling well. It's just a one evening read, but I'm
very happy with it. Thank you for asking.
Speaker 1 (43:07):
Of course, I would highly recommend everybody go pick it up.
I think you'll really enjoy it. Jeffrey, my friend, thank
you as always wonderful. Appreciate you. Let's do lighten the
mood next. All right, let's lighten the mood. Before we
(43:31):
lighten the mood here, I want to let you know,
I want to remind you that my buddy Mike Slater
does a wonderful, wonderful podcast, Politics by Faith. If you're
trying to understand what you're seeing, a biblical view of
the things you're seeing, how to digest things. I recommend it.
Give it a shot. Politics by Faith. It's very, very
(43:51):
very good. We just talked to Jeffrey talker, Mike Slater
talked to him for longer than that. It was fascinating.
Highly recommend it now for lightening mood. Maybe you won't
think this is lightening your mood or my mood, but
it does lighten my mood. A great deal Texas A
and M student. It's confronted by filthy LGBTQ, demonic crap
(44:14):
and class. I'm not having any of.
Speaker 9 (44:17):
It our gender and sexuality.
Speaker 10 (44:26):
As I just have a question because I'm not entirely
sure this is legal to be teaching, because according to
our president there's only two genders, and he said that
he would be freezing agencies funding programs that promote promote
(44:48):
gender ideology. And this also very much goes against not
only myself, but a lot of people's religious beliefs, and
so I I'm not going to participate in this.
Speaker 1 (45:02):
You are under in this EU huh if you are
uncomfortable and do you have going to leave?
Speaker 9 (45:12):
Yes, Well we're doing is not out of documist.
Speaker 1 (45:15):
That work well, plos will be effective and stoppingly be
teaching things because I have legal and not a little
forty professionals.
Speaker 9 (45:29):
Okay, yeah, no, I am.
Speaker 1 (45:31):
I am. It's guts. The kids are gonna be all right.
They're waking up, they're tired of this crap, no more
being afraid speaking up. That takes guts right there. That's courageous.
Bravo to that young lady. Lightens my moo I'll see
(45:52):
them all five three,