December 12, 2025 • 45 mins
The Democrats are desperate for power and are already hinting at what they will do if given back power. Are Republicans doing enough to retain the power they've been given by the voters? Jesse Kelly discusses with Senator Ron Johnson and Carol Roth. John Phillips also joins the show to break down some brutal mistakes made by Gavin Newsom in his quest for higher office.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Democrats are already launching impeachments. What Gavin Newsome making uncharacteristic mistakes.
We have all that Senator Ron Johnson and Moore coming
up on. I'm right, civil war is the worst thing
(00:22):
in the world. It's just the worst thing in the world,
not just our civil war. Keep in mind civil wars,
Wars that pit one citizen against another are as old
as time itself, and they're just heartbreaking because they're not
fought on some foreign battlefield. They're fought on your street,
in your school, in your town, women children. It's just awful. Right,
(00:47):
So I've always told you never to root for another
civil war in this country. That's a terrible thing to
root for. If you're rooting for that, let's just start
shooting and get it over with. If you're rooting for that,
I would argue you, really, they do not understand how
horrible it would be, how horrible the last one was.
But speaking of the last one, let's talk about it
(01:08):
just for a second here. When did the Civil War start?
Was it at Fort Sumter, South Carolina? I guess you
could argue that when it actually started as actually up
for debate, but Americans were divided one against another before that,
and each side thought the other side was evil and
(01:32):
an American and thought the other side should be snuffed
out it did. You could argue where we are right
now as a country is a cold civil war. We
want to call it that pre civil war. God forbid.
That's the last thing in the world I want to see.
But you certainly could argue that. And I am concerned,
(01:56):
if I'm being honest with you, about our ability to
navigate where we're at and get out of it without
any bloodshed, because I don't want to see anybody get hurt,
not you, not me, not my enemies. I don't want
to see anybody hurt. I don't want to see blood death.
I don't want to see it. But the reason I'm
having a hard time seeing a path forward that is
(02:19):
okay is because our enemy hates the country itself. It's
not as if the Democrat Party is your grandfather's Democrat Party,
JFK's Democrat Party, or even Bill Clinton's Democrat Party, where yes,
I can disagree, and we'll disagree with so many of
their ideas, but it's not a party that actually has
(02:41):
declared war on the country where they're trying to rule.
It that puts you in an almost impossible situation as
a nation. If I want to paint the walls of
our house green and my wife completely disagrees, she wants
to paint them all pink, Okay, well we've got a problem.
We're gonna have to argue. We'll work it out, maybe
(03:03):
come to some sort of compromise. But if I want
to paint the walls green and she wants to dynamite
the house, well that's an entirely different problem, now, isn't it.
Democrats across the country, top to bottom now regularly talk
like this.
Speaker 2 (03:20):
We are the world's number one bully, and we're using
our immense, unrifled power to rule over those who have
less power, and we're doing it with impunity. And this
(03:41):
sends a shocking message to the world that America is
indeed the what did they used to call the Great
Hand of Satan or something like that. I mean, America
under the Trump regime is demonstrating that that Moniker was
(04:04):
entirely accurate, the Great Satan. That's what we have become
in this country.
Speaker 1 (04:13):
That man is not only a sitting member of Congress,
he gets re elected every two years, meaning the Democrats
in his district. They hear him say things like that
and they don't care. He is unafraid to say things
like that because the Democrats voting for him feel the
(04:33):
same way. At no point in American history could you
find either political party willing to say something like that,
even if they felt it deep down inside, because they
knew for a fact that would be a bridge too
far and they would get voted out of office. But
this has now become mainstream Democrat talk, and it's all
(04:59):
really about power. In the end, what they want is
to burn this country down so they can rule over
the ashes. The paraphrase. I believe that was sun Zu
who said that an evil man will burn his country
down to rule over the ashes. That's what they want.
And I want to explain something about how they look
at power, how they look at unity. For instance, the
(05:22):
vote Latino president went on she went on TV and
she said this.
Speaker 3 (05:27):
But I think what's most important is that when they
see Barack Obama, people remember a time in America where
there was unity. They remember a time when there was calm,
when they saw that there was actual opportunity for their families.
And the contrast between the hate that the Republicans on
the magaside, keep pushing and someone who is very calm
and collect and saying, look, this has been where we
(05:49):
are in America, but we don't have to be. Remember
when I was president.
Speaker 1 (05:54):
Now you you've heard that before from Democrats, but was
so we were unified under Obama. We were so unified,
there was no divisiveness. We were unified. Now, of course,
every time you hear that, you scoff and you roll
your eyes, and you remember how hostile Barack Obama was
to the right. So he sent the irs after his
(06:16):
political enemies. You remember Barack Obama, Barack Obama the one
who actually sent the CIA FBI after Donald Trump. You
remember how device of how terrible he was. He created
the new racial divide in the country. Racial tensions were
almost gone. Barack Obama walked in and started picking at
those scabs. Now white people and black people hate each
(06:38):
other again. Its freaking terrible. So why would she say
something so ridiculous about we were unified. Well, let me
tell you why. Because when Barack Obama got elected and
they had the House, and they had the Senate, and
they had a Communist finding in the White House, they
had all the power and you had none. And for them,
that's what unity looks like. They speak about things like unity,
(07:01):
no divisiveness, We're unified. When they speak about things like that,
they don't mean the same thing you would mean if
you said it. When they talk about unity, what they
mean is you don't have any power. They have all
the power, and you have to do what you're told.
These are evil, evil people, and in fact, maybe it's
a good time to discuss what they will do when
(07:24):
they take power again. And I don't know when that
will be, God forbid. It could be twenty twenty eight,
twenty thirty, two, thirty six, forty, We could keep going
down the line. At some point in time they are
going to occupy the halls of power again. Well, you
remember what they did under Biden's communist regime, the mass
arrest of their political opponents. Donald Trump almost killed twice,
(07:46):
Donald Trump charged felony after felony. District after district. They
went ape. And maybe you're thinking to yourself, my gosh,
that was evil, that was terrible. We can never let
it happen again, And that would be the correct way
of thinking. But it's really, really, really really important for
you to understand, Democrats don't regret what happened at all.
The only lesson democrats top to bottom learn from the
(08:09):
evil things they did under Joe Biden is that they
didn't go far enough. That's the only lesson they learned.
Gavin Newsom's staff just posted this AI video on Twitter. X. Yeah,
(08:30):
that would be Donald Trump, Pete hag Seth, Stephen Miller
in handcuffs crying. You think what they did before was bad? Oh,
they have plans for when they take power again. They're
going to take the lessons they learned and they're going
to apply them. It will be a horrifying time if
(08:53):
they ever come back, and of course they will one day.
And how do we get here? Well, the mass important
of foreigners is a big reason we got here. It
just is. That's why Democrats love it so much. Importing
disloyal on patriotic foreigners imports the ultimate Democrat voting base,
because patriotic citizens don't vote Democrat. There's a reason the
(09:14):
Democrats in your neighborhood don't fly American flags. They hate
the country, and so where are we as a country?
There was actually a clip from today that just sums
it up perfectly. This congressman from Michigan, shre Tan Dahar.
I don't know some character from Indiana Jones. He of
course came here from India, has luxuriated in this country,
(09:36):
made a fortune in this country. He's now an elected
official in this country. And this foreigner got to interrogate
Christineome today, Christinome, who's been in charge of deporting foreigners.
Here's how that went.
Speaker 4 (09:48):
I am sick of your lives. The American people are
sick of the lies. American people demand truth.
Speaker 5 (09:55):
America is very happy that finally they have a president
in the White House that gets up every day to
keep them safe.
Speaker 4 (10:01):
Madam Secretary, you're incompetence and your inability to truthfully carry
out your duties of Secretary of Home Land Security. If
you're not fired, will you resign or.
Speaker 5 (10:11):
I will consider you're asking me to resign as an
endorsement of my work. Thank you very much.
Speaker 1 (10:18):
Boy, doesn't that just perfectly sum up where we are
in Western civilization? A foreigner we allowed to come to
our country, reside in our country, eventually gave citizenship, got
him elected in our country, now sits and interrogates the
DHS secretary, asking her to resign. For what for the
(10:40):
crime of deporting foreigners. And maybe the saddest part of
this entire thing is this, that's the Democrat Party. The
only hope we have, I guess I should say at
opposing them is the GOP. And these are the kinds
(11:00):
of people the GOP elects. Do you think he would
be a good president? Yeah? I do.
Speaker 6 (11:07):
I have to tell you, I think I'm very biased
towards governors. I think governors make the best presidents.
Speaker 1 (11:13):
I just do.
Speaker 6 (11:14):
I think for this very reason, we always see that
potholes aren't partisan. As governors, we actually have to accomplish stuff.
Speaker 1 (11:25):
Pathetic. We are at a place now, we're the wealthiest,
most powerful man on the planet. Can't go out in public.
Speaker 5 (11:36):
We did something extremely ordinary like go to Target or CBS.
Speaker 1 (11:41):
I can't go to thanks with us the general public, because.
Speaker 7 (11:48):
I there there's an immediate Can I have a selfie
line that forms? In these days, particularly in light of
Charlie Cook's motor there are serious security issues.
Speaker 1 (12:03):
It's not that I don't want to. I simply count.
Has Charlie's murder changed how you do things?
Speaker 5 (12:09):
Or were you already locked down pretty full before that?
Speaker 7 (12:12):
It certainly reinforced the severity of the situation where life
is on a hardcore mode. You make one mistake and
you're dead. It only takes one mistake.
Speaker 1 (12:26):
Why are we here. It's not the right, it's not Republicans,
it's not patriotic citizens. We're here because Democrats are sold
as evil demons who believe they're fighting a righteous revolution,
and they will kill on behalf of the revolution, and
they will kill in the large part because influential democrats
(12:47):
on TV social media tell them to.
Speaker 8 (12:52):
I challenge somebody to go and find a clip of
a Democrat invoking violence.
Speaker 1 (12:59):
Let's extinguish for good.
Speaker 9 (13:01):
I will go and take Trump out to night.
Speaker 10 (13:04):
We're gonna fight it in the courts. I'm gonna fight
it in the streets.
Speaker 1 (13:09):
When they go low, we're gonna bury them below the capitol.
That's what we're gonna do.
Speaker 10 (13:13):
We take them to the mud and choke them out.
Speaker 8 (13:15):
You know, there needs to be unrest in the streets
for as long as there's unrest in our lives. I
just don't even know why there aren't uprisings all of
the country.
Speaker 7 (13:22):
And maybe they're will big.
Speaker 9 (13:23):
We're walking down a damn different path. We're fighting fire
with fire, and we're gonna punch these suns in the mouth
by taking behind the gym and beat the hell out
of them.
Speaker 11 (13:32):
Don't punch back, chick back, jump over their heads and
win some power.
Speaker 6 (13:38):
And fight back, punch back and make sure that they
stay down, and you know what, kick them when they're
down because they deserve it.
Speaker 8 (13:44):
I think that you punch.
Speaker 1 (13:46):
I think you punch. I think you're okay. You you
okay with lunch.
Speaker 8 (13:49):
We are at war and that's why the gloves are off,
and I say bring it on. We are not only
gonna punch you back, but we are gonna knock you out.
Speaker 12 (14:00):
We're a war right now to save this country, and
so you have to be willing to do whatever is
necessary in order to save the country.
Speaker 13 (14:07):
Well, I am here to tell you that on me.
Speaker 2 (14:09):
Are we gonna push back, but we about to beat
you down.
Speaker 4 (14:13):
He shut down the feke.
Speaker 1 (14:17):
We are have war.
Speaker 14 (14:22):
We too, even in states where Donald Trump won big
that it does you any good running away from Donald Trump.
Speaker 1 (14:27):
I think you need to go back and punch him
in a faith.
Speaker 8 (14:30):
Let's make sure we show up.
Speaker 10 (14:32):
Yeah, we have to show up.
Speaker 4 (14:34):
And I do see anybody from that cabinet, in a restaurant,
in a department store, at a gasoline station.
Speaker 15 (14:43):
You get out and you create a gout, and you
just back on them and you tell.
Speaker 10 (14:49):
Them there to not welcome anymore anywhere.
Speaker 1 (14:56):
An ugly place to be, a cold civil war. All
that may have made you uncomfortable, but I am right.
We'll talk to Senator Ron Johnson about all this next.
And let us not forget that corporations. They played their
role in bringing us here too. So much of the
communist street animal behavior in this country has corporate sponsorship.
(15:20):
It's a fact you have ATN T T Mobile, Verizon.
These companies hate your freaking guts and they take the
money you give them and they use it against your
country and your culture as part of this civil war.
I don't have that. I have Pure Talk my company.
They love the country. Their CEO fought for this country,
(15:41):
two tours in Vietnam. They hire Americans when they give back,
to give to veterans. Switch to pure Talk, save money,
keep your phone, keep your number, go to pure talk
dot com, slash Jesse JESSETV. We'll be back.
Speaker 14 (16:04):
The Government Accountability Office just released a shocking interim report
on a widespread fraud within Obamacare. Let me explain what's
going on during the pandemic. The previous administration took a
variety of actions that weakened crucial safeguards. For example, they
eliminated common sense income verifications, which are essential to making
sure people actually qualify for the program. They also expanded
(16:27):
the number of people who got completely free health insurance
via what are called zero dollar premium plans, which is
a huge problem because if you don't pay anything for
a plan, you might forget that you have it, or
you may be enrolled in it by an unscrupulous insurance
broker without your knowledge.
Speaker 1 (16:43):
We've uncovered four point.
Speaker 15 (16:44):
Four million improper enrollments, including roughly one point six million
individuals who were enrolled in both Medicaid and an Obamacare
plan in twenty twenty four, which taxpayers, by the way,
are put in the bill.
Speaker 14 (16:57):
In both of these cases, you get double insured.
Speaker 1 (17:00):
You're not paying for eath. I'm so confused. I don't
understand thievery and how it works. I bet Senator Ron
Johnson's about to educate us though. Joining me now, great
Senator from the state of Wisconsin, Senator Ron JOHNSONI okay, Senator,
I don't even understand how you make money on this.
I know you're much more knowledgeable about pretty much everything
than I am. How do you make money as a
(17:22):
scammer by enrolling people who don't use the answer? How
does this work?
Speaker 12 (17:26):
So again, when Democrats passed the enhanced premiums, they exempted
anybody making one hundred and fifty percent of pottery liner
below from paying anything whatsoever. So you have literally millions
of zero premium policies out there now. Insurance brokers, the
unscrupulous ones, they know that. So all all they have
(17:48):
to do is get a name and some kind of
identifying information and they can sign people up in the plans.
And the bid administration stopped verifying income, stopped verifying anything.
You have the report that they signed up I think
in totally tried twenty four individuals twenty three I mean again,
totally fraudulent individuals.
Speaker 10 (18:08):
Twenty three got signed up.
Speaker 12 (18:10):
I think eighteen were still enrolled as September twenty twenty five.
So the broker gets the commission. The premium tax credit
doesn't flow to the patient, to the policy holder, It
flows right to the insurance company. The policy holder doesn't
even know they've been signed up. That's why we went
from around twelve million people on the exchanges before the
(18:32):
enhanced premiums, before the pandemic, to about twenty four million.
Paragon outfit, that public policy group thinks it's about six
point four million fraudulent enrollees in the Obamacare extension and
Obamacare exchanges. So they also ask me, it's about a
twenty seven billion dollars worth of fraud. And so now
(18:55):
the Democrats, we just voted on it. They wanted what
they call a clean extension. Sounds good extension. No, let's
just continue to extend this enhanced premium zero premium policies
and twenty seven twenty seven billion dollars worth a fraud.
They were happy to perpetuate that level of fraud, no
questions asked.
Speaker 1 (19:17):
Okay, Senator, everyone remembers we just got done with a
long government shutdown, the longest in history, one of the
longest in history. Whatever. It was a really long time,
and Democrats were pitching a fit the whole time about healthcare.
They made this kind of their messaging on it is
there some sort of link between all this and that?
What were they trying to get?
Speaker 12 (19:37):
Well, First of all, I don't believe the shutdown was
about healthcare. I think the shutdown was designed to make
sure that the economy is not healthy, that these premiums
continue to skyrocket. They don't want President Trump or Republicans
to be able to claim any success. They want power
in November of twenty twenty six. This was all about
(20:00):
denying success to Republicans so they can win the election.
Now they used Obamacare as a pretext. But understand we're
talking about here. They've done a very good job at
convincing their allies in the media and the American public
that if Republicans don't vote to extend these enhanced premiums,
everybody's healthcare is going to skyrocket. Right, Well, first of all,
we're only talking about the people on the exchange again,
(20:23):
twenty four million, less six about eighteen million people, more
than sixteen million of those people, it's not like the
substats go away. They just go back to Obamacare's original
subsidy design. But you got about one point six million
people that were making an over formed set of poverty
that under original Obombacare they didn't qualify for subseas.
Speaker 10 (20:43):
But during the pandemic they.
Speaker 12 (20:45):
Did a lot of these people are were close retirement,
and so they were alluded to retirement thinking they were
going to get the healthcare subsidized. Now that the rugs
being pulled up from underneath them. So really we've got
a problem with about one point six million people. But
the Democrats want to throw a couple hundred billion dollars
just to continue to mask where a failure Obamacare is.
(21:05):
If your insurance premiums are going up, that's because the
faulty design of Obamacare.
Speaker 10 (21:12):
And but again, if you're on.
Speaker 12 (21:13):
Medicare, Medicaid, VA employee sponsored care, what just got voted
on that we're not extending these substies has no impact
on you. It only impacts people on the exchange, and
the only people getting the subs is taken away about
one point six million people out of three hundred and
forty million people in this country. But again, the Democrats
have been very successful. If you know, when healthcare continues
(21:36):
to rise because of Obamacare's complete failure, they think they
can pin the blame on Republicans.
Speaker 1 (21:43):
What a game. Okay, So there's there's apparently multiple bills
flying around to address this. Does the GOP have a
good one that you like? Because that's probably the one
I would like.
Speaker 12 (21:54):
Well, my proposals, not the one we just voted on.
What we voted on was the chairman of the relevant committees.
They had their proposal. It's a step in the right direction.
I think we all voted for it. We knew these
this exercise is all going to fail.
Speaker 1 (22:08):
You know.
Speaker 12 (22:08):
My proposalho would actually address the problem the one point
six million people who now literally are facing because they're elderly,
they don't qualify for Medicare. In Wisconsin, some of these
people are facing premiums of thirty six thousand dollars per year. Again,
that's government's government forced insurance to be so unreasonably priced,
(22:30):
So we ought to do something for them. So what
I propose is, let's, you know, for a year or two,
let's extend the substaues. Here's the relevant question though, If
you're making over four hundred percent of poverty, what percentage
your income so the taxpayers expect you pay for premiums
before we subsidize the rest.
Speaker 10 (22:46):
What should that be?
Speaker 12 (22:47):
You know, I got a score on ten percent, came
in about five billion dollars per year. I'd rather go
twelve or thirteen percent, which I think is reasonable, right,
it's kind of self limiting. I actually have a couple
of Democrats interested in that. That would be a real solution,
very limited cost, focuses on those people.
Speaker 10 (23:04):
Really being harmed by government.
Speaker 12 (23:07):
Let's faces, we're kind of in charge of government, so
I guess we've got to try and mop up that mess,
just like President Trump's doing with the border and the wars,
and you know, forty your high inflation. Part of the
problem Republicans ace face when we gain power. We're always
cleaning up the messes created by the Democrats, and they
create enormous messes, and they have you know, long tail winds,
(23:29):
and they're they're just very difficult things to do.
Speaker 1 (23:34):
Senator shifting gears here, nine hundred and one billion dollar
defense bill is apparently on its way to the Senate.
These defense bills normally make me want to vomit because
there's all kinds of crap they put in there, and
they call it a defense bill, and if you're against it,
of course you don't support the troops. What is in
this one that I'm going to hate?
Speaker 10 (23:54):
Probably a lot?
Speaker 12 (23:56):
You know, those we're written by Eric Prince two big
to win, and I would have loved if Erik Prince
could have joined the administration, maybe a Secretary of Defense
or you know, some key position, strategic policy maker and
something like that. But he basically argues, you know, we're
so massive in our procumant policies, and you're always looking
at the last war. We aught to be looking at
(24:17):
what's happening in Israel and Gaza, what's happening in Ukraine.
I mean, these wars are being fought in a different way.
I mean, drones are completely changing the landscape a whole
lot cheaper in many cases, are very very dangerous, you know,
very very lethal, but far more targeted. So again, the
generals are always finding the last war.
Speaker 1 (24:37):
We need more.
Speaker 10 (24:38):
Strategic thinking here.
Speaker 12 (24:39):
Yeah, we're going to spend more than we should in defense,
and you're right, it's hard to vote against that because
you want to support the troops.
Speaker 10 (24:46):
You know, obviously, when you're.
Speaker 12 (24:47):
Spending nine hundred billion dollars, you're spending a lot that
needs to be spent. But there's no doubt about we
could spend these things much wiser. But this is Congress
in charge, and.
Speaker 10 (24:58):
You get what you get.
Speaker 1 (25:02):
Tell me about earmarks. The rumor is that you're having
some conflict with some of your fellow Republicans.
Speaker 12 (25:09):
Well, the first conference meeting I attended when I got
elected in twenty eleven, this is during orientation before as
a senator, was the conference meeting where they were debating
whether we should as a conference support earmarks. And you
had Tom Coburn on one side who said earmarks was
the gateway drug, and he had others on the other
side saying, yeah, but you can't allow a Democrat president
(25:30):
to direct all the spending. Some of this should be
directed by Congress, which is a good argument. I mean,
I get that, but I signed more of Tom Coburn
that is it's a gateway drug. We passed the resolution,
and we didn't do earmarks for ten years. But then
Biden came into office. Democrats had the power. They were
going to do ear marks, and so Republican leadership said, well,
(25:53):
they're going to get some earmarks.
Speaker 1 (25:54):
We bought it.
Speaker 12 (25:55):
Ought to get some too. Now, currently I think twenty
eight Republicans didn't do remarks, others did. We've got a
problem with that, and that's that's the issue right now.
You know, are we gonna fix it this time? Probably
not already baked in, but we're raising the issue, and
you know, we certainly hope we can reform this moving forward.
Speaker 1 (26:19):
Senator, thank you. If I don't talk to you again beforehand,
have a merry Christmas, you are yours. Please's caught to
Carol Roth. Carol usually makes us feel better sometimes. Anyway.
We got a rate cut, that's something. At least we're
gonna sleep good because a beam. That's something. We have
dream powder, no matter how bad it gets, we have
(26:42):
dream powder. We have hot chocolate. You know, that's what
dream powder is. I take a little coffee cup, pour
a little milk in there just before bed. I then
go get myself a scoop of dream powder, put it in,
mix it all up. It's just delicious hot chocolate, mind
cinnamon chocolate. You'd never know. There's all kinds of goodies
in there, all kinds of natural things, no drugs, drug free,
(27:06):
natural things that make you just a little sleepy. And
when you go to sleep, stay asleep. And more importantly,
when you wake up, you actually feel rested, not that groggy.
You know, took something to sleep hangover. Try it. It's
gonna make your Christmas season better. Shotbeam dot com slash
Jesse Kelly we'll be back. The Federal Reserve just cut
(27:37):
rates twenty five basis points. I don't know exactly what
that means, but it sounds good. Joining me now, my
friend Carol Roth, two times New York Times best selling
author recovering investment banker. Okay, Carol, what does this mean
for me? And I don't care about what it means
for Wall Street? What's it mean for me?
Speaker 8 (27:57):
Well, what it signals is that the Federal Reserve is
concerned about two things. One is that it is considered
about employment. So what it means for you is that
if you have a job, you should hold on to
it with dear life unless you have another one lined up,
and not be a you know, so cavalier about job
switching because they have a concern that there is softening
(28:20):
in the labor market. So that's the first thing. The
second thing, which isn't directly related to them cutting rates,
but more with what they are going to do with
their balance sheet. They're instead of letting securities that they
have bought previously run off their balance sheet, guess what
they're going to do now, Jesse. They're going to start
to buy more securities. But it's just short end securities,
(28:44):
meaning the short duration one year or less type of securities,
So it's not really QE like it was before. But
basically what they're signaling with this is that they're concerned
about the workings of the treasury market, having enough liquidity
in the banking system, and if they feel if they
don't intervene, that rakes could spike and there could be,
(29:08):
you know, some potential crisis. So they're trying to get
in and put that aside. So in terms of what
this all means for you, do you want me to
continue to want to ask a question?
Speaker 1 (29:19):
Please? No? No, please continue, Okay.
Speaker 8 (29:22):
So, in terms of what it means for you, if
you are a saver in somebody who's investing in short
term CDs or money markets or things like that, it
means that the rate that you're going to earn on
your savings is going to be less. But in terms
of things like mortgages or the costs of the government
financing its debt, unfortunately the Fed does not directly influence that.
(29:47):
It usually has an indirect influence. But at this point,
because our fiscal position is so bad, we're in something
called fiscal dominance, where our fiscal policy is dominating anything
the FED could do with their mind pnitary policy. So
it won't have an impact on that unless other things
happen outside of the FETs control.
Speaker 1 (30:09):
All right, as you can imagine, I have questions already
the softening of the labor market. I love how you
massage that word, Carol, You just set it down like
a little puppy. What does that mean? And why are
they worried?
Speaker 8 (30:22):
So they're concerned that companies are not hiring as much,
that there may be more layoffs, that there may be
may be more difficult for individuals to find jobs. There
are fewer job openings available per job seeker, so all
of those things. What part of their stated mandate, which
(30:44):
we don't know that they actually follow, but part of
their stated mandate is to maximize employment to get us
to full employment, and so they're concerned about what that
employment is going to look like. And as you can imagine, Jesse,
in terms of flowing through the general economy, if people
don't have jobs, they're not outspending money. That can be
a drag on the economy. So they're hoping that by
(31:07):
lowering interest rates that they will be giving you a
little bit of breathing room to companies to maybe hopefully
spur them to not lay off people, to make more
hires and the like. As you can imagine. Again, not
necessarily a direct one to one correlation, but that's the
stated purpose.
Speaker 1 (31:28):
Okay, Carol, I understand that I'm about to ask a
very simple question that's going to require a complicated answer
that almost probably can't even be answered. But why are
companies laying people off? Why are they firing people? Why
are they hesitant to hire people? Is this is it
an interest rate thing? Is it an AI thing? It's
technology advancing and facing people. But what why aren't companies hiring? Well?
Speaker 8 (31:53):
I think it depends on which companies. If you have
the largest companies, the ones who are focused on the
stuff market, who are who have publicly traded securities, who
live and die by quarterly releases and results, those types
of companies are the type that you may be looking
(32:13):
to AI who may have over hired during COVID and
now are looking to normalize their hiring base. And a
lot of those big corporations, you know, they're just looking
for cost savings. They don't really care about people, so
that becomes an issue for them. For smaller companies. We
have not seen deregulation. Many of them have been dealing
(32:36):
with tariff issues and other costs of doing business. Since
you know, costs have been continuing to increase on a
state and local level. We continue to see minimum wages
going up, so it becomes more difficult for those companies
to continue to hire. So you're seeing more people taking
(32:56):
on more responsibilities and seeing their job expand probably not
for much or in some cases any increase in their
wage versus the companies bringing on new people. So it
really is a bit of a mixed bag depending on
where you stand in the market, but all of those
issues converged. The one thing I will say is that
(33:17):
obviously we have also cut a lot of illegal immigrants
out of the market, so some of the drag may
be on that side, the fact that there are people
who shouldn't be here working who are not here working,
which is a very positive development, but as you can imagine,
that's going to take some time to normalize. If you
take a bunch of people out of the market, it
(33:39):
may be a while before those people are replaced. There's
a mismatch there, So in that particular case, it may
just be a normalization. And so that's the bright, shining
good news piece in all of the other potentially had
scratch your news.
Speaker 1 (33:56):
You know, Trump deported all the cleaning ladies from my buildings.
We're still going through that. I wanted to ask you
about this Fox News article that you wrote, wonderful article
by the way, titled Americans have never had access to
more luxuries? But why do we feel so poor? All right, Carol?
Why do we feel poor?
Speaker 8 (34:14):
This is the craziest thing that's been really bugging me
for a long time.
Speaker 13 (34:18):
As somebody who advocates for the.
Speaker 8 (34:20):
Middle and working class in the American dream for everybody
is that we have this very strange paradox when it
comes to wealth. When you think.
Speaker 13 (34:29):
About what wealth does for you, it should buy you
freedom and flexibility. It should give you access to goods
and services. But it also should really reduce your stress,
right that you shouldn't have to worry about things if you.
Speaker 8 (34:44):
Have that wealth. And so what we have today is
a place where a lot of our wants are available
to us. You know, we have technology in our pockets
and our cell phones that you know, our supercomputers with
access to all information that's ever been created in the world.
We have medical advances, we have, you know, a lot
(35:06):
of things that if you know, you look back one
hundred years, you'd say, this is an incredible time of
abundance and luxuries. But at the same time, the basics
of living things like food, things like housing, things like education,
cars and the like, those are really becoming more and
more out of reach for Middle America. And you know,
(35:29):
the stress that you're supposed to be able to relieve
by having this wealth is not happening. And if you
tie it together and you look at what the causes are,
whether it's education, whether it's it's housing, whether it's it's healthcare,
the like, a lot of those are really coming on
the back of bad policy. It's government intervention, it's federal reserve,
(35:53):
monetary policy, it's the policies of government getting in the
way that has made our lives more expensive. And so,
you know, we feel like, you know, we many many
people feel like they don't have access or struggling to
just meet their needs when we live in the supposed
age of abundance. So it really is a paradox and
(36:15):
not a good one one that we do need to
focus on solving for the American dream to be in
everybody's reach and grasp.
Speaker 1 (36:23):
Well. Everybody should be able to go to Red Lobster.
Thank you, Carol, appreciate everyone should have chopped too. Everybody
should have a chalk subscription. No matter how old you are, male, female,
you should get a chalk subscription. I personally take a
male vitality step from chalk every single day. Why oh
(36:47):
my gosh, I have so much more energy now, and
it's the good natural kind of energy, not the jittery
I just had ten Red Bull kind of energy. You
just feel good all the time, better mood, better focus,
You're better at work. Natural herbal supplements are our path forward.
I take chock every day because it makes me feel
(37:08):
good and I don't feel like I ever need to
go to the doctor's office, and that's a place to avoid.
You want to experience this. You're sixty ninety days away
from feeling like a totally different person. Chalk dot com
slash JESSETV. We'll be back.
Speaker 9 (37:32):
I want to see trans kids. I have a trans
god son. There's no governance sign more pro trans legislation
than I have, and no one has been a stronger
advocate for the LGBT in too minute, But you have
to accommodate the reality of those whose rights are being
taken away as we advance the rights of the trans community.
Speaker 1 (37:50):
All right, joining me now, John Phillips, host of The
John Phillips Show. John, I'll say a couple things, and
as you know, you're more than welcome to disagree with me.
I've always interpreted Gavin Newsom as being a pretty savvy politician,
A savvy politician who should be savvy enough to know
I want to see trans kids as about to be
(38:11):
all over everybody's television set for about three years now
as he runs for president. Why would you be so dumb?
Speaker 11 (38:21):
Go back to his podcast when he first started it,
when he had Michael Savageohn as a guest, he had
Steve Bannon on, he had Charlie Kirk, and he had
the conversation about transathletes in girls sports, and he said
that he thought that it was fundamentally unfair. He got
roasted over that in democratic circles. They were furious with
(38:45):
him over making that statement and making it to Charlie
Kirk of all people. And at a certain point he
decided to recalibrate. And when he recalibrated, he became the
partisan warrior. He became the guy that hates Donald Trump
more than anyone else in the room. Well, that doesn't
(39:05):
jive with saying things like that. So now he's back
to being a hard partisan where he takes the standard
Democratic position on just about every issue known to man,
because he got such negative blowback from Democratic circles after
he tried going the other way.
Speaker 1 (39:25):
So they whipped him into it. Who oh yeah, if
you had to say, who do you think he I'm
sure he takes a bunch of people. Seriously, who do
you think he fears the most in this upcoming primary?
You've already mentioned you know there's going to be an AOC,
either her or some type of her on stage forcing
him to get left of Jake of Era. But who
do you think he really thinks might beat him?
Speaker 11 (39:48):
Well, whoever emerges is that type of candidate. And it
may be AOC, maybe Jasmine Crockett, who knows, maybe it's
Bernie Sanders with Luigi Board. You don't know right now,
but we know that some every one will fill that
void and someone will occupy that lane. And what advantage
they will have over him is authenticity. They really believe it.
(40:09):
At different points in his career, he's run as the
conservative candidate.
Speaker 1 (40:14):
I mean, don't forget.
Speaker 11 (40:14):
At one point he wrote a book about government, talking
about how bloated it is, where I think Mark Levin
gave him a blurb for the jacket. And at various
points in time he's moved to the left in the center.
And if you're running against him in a Democratic primary,
that's your.
Speaker 1 (40:30):
Line of attack.
Speaker 11 (40:32):
This guy is saying what he thinks will get him elected,
but it's not authentic. And no one goes to Red
Lobster to order the chicken. If you want a candidate
who's a left wing nut, there are genuine left wing
nuts out there that you can turn to. He's just
playing the part right now.
Speaker 1 (40:51):
Okay, does he play it well enough? Because from what
I understand, the finances are looking pretty good on his
presidential ron. You and I've talked about this before. He's
gonna raise a ton of money. He's governor of California.
He's gonna raise a ton of money. Does he play
the part well enough? Democrat voters are stupid, they can
be fooled.
Speaker 11 (41:10):
I don't know, because I don't know what those people
are thinking right now, And how angry. They're gonna be
at Donald Trump when the next election rolls around. I mean,
don't forget right now, everything that's coming out of Gaven
Newsom's mouth is jextaposing himself with Donald Trump. But Donald
Trump is a lame dug. Donald Trump won't be on
the next ballot. It's gonna be jd Vance to Marco
(41:33):
Rubio or Ted Cruz or somebody else. And sometimes if
you're the guy who just can't stop talking about something
that happened in the past, you become Al Bundy talking
about four touchdowns in a single game, and you don't
look particularly relevant right now. Being the Trump hater is
giving him the Jews. But people aren't voting right now.
(41:55):
People are gonna vote in the next Democratic primary, and
I just don't know what the temperature is gonna be
be then.
Speaker 1 (42:02):
John, should we be more fearful of JB. Pritzker than
we are? And I, obviously I don't care for JB. Pritzker.
I'm sure you don't either. But he is a governor.
He's gonna be able to raise money. He's got a
bunch of money himself. He's kind of fat, he's got
that relatability kind of fat thing. I mean, aren't we all,
especially this time of year? How capable is this guy?
(42:24):
Is this some guy you think Gavin Newsom's worried about.
Speaker 11 (42:27):
Well, if he can go to a Las Vegas casino
and win what was at a million and a half
dollars with no lawlessness, the guy is the luckiest person
on planet Earth. Now, you know, I don't know what
game he was playing. I wasn't in the casino that night,
but it sounds like he either got a royal flesh
or came close to one, although I was told by
a reliable source he came close but was a jack off.
(42:50):
But this is a guy who certainly has the money.
He has the money to go to the distance. He
has the money to fight fire with fire. If Gavin
Newsom comes in there with all the money that he's
going to be able to raise, and don't forget AOC
is the top fundraiser in all of the House of Representatives.
She raises more money than Speaker Johnson. She raises more
(43:12):
money than Haakien Jeffreys. And if you look at who
else is on that list, so is Jasmine Crockett. So
the loudest voices in the room right now on that
side are being rewarded. And I wouldn't count these people out.
Just because we think they're mental patients doesn't mean Democratic
primary voters think they're mental patients. They may find that endearing.
Speaker 1 (43:38):
What a world, John, Thank you brother, I appreciate it.
President AOC. Anyway, we'll be back. It is time to
(44:01):
light in the mood. And I was sitting in the
living room yesterday, yesterday morning, and A my wife, she
was in the bedroom, she was in the bathroom, and
I just start laughing hysterically, just just dying laughing, to
the point where she comes out and she says, Okay,
whatever that is, you have to send that to me.
(44:22):
You want to know what had me sitting in my
recliner yesterday morning, just belly laughing. It was this right here.
(45:07):
Oh let's see it about.
Speaker 2 (45:13):
Mm hm m m
Speaker 1 (45:17):
H
Democrats are already launching impeachments. What Gavin Newsome making uncharacteristic mistakes.
We have all that Senator Ron Johnson and Moore coming
up on. I'm right, civil war is the worst thing
(00:22):
in the world. It's just the worst thing in the world,
not just our civil war. Keep in mind civil wars,
Wars that pit one citizen against another are as old
as time itself, and they're just heartbreaking because they're not
fought on some foreign battlefield. They're fought on your street,
in your school, in your town, women children. It's just awful. Right,
(00:47):
So I've always told you never to root for another
civil war in this country. That's a terrible thing to
root for. If you're rooting for that, let's just start
shooting and get it over with. If you're rooting for that,
I would argue you, really, they do not understand how
horrible it would be, how horrible the last one was.
But speaking of the last one, let's talk about it
(01:08):
just for a second here. When did the Civil War start?
Was it at Fort Sumter, South Carolina? I guess you
could argue that when it actually started as actually up
for debate, but Americans were divided one against another before that,
and each side thought the other side was evil and
(01:32):
an American and thought the other side should be snuffed
out it did. You could argue where we are right
now as a country is a cold civil war. We
want to call it that pre civil war. God forbid.
That's the last thing in the world I want to see.
But you certainly could argue that. And I am concerned,
(01:56):
if I'm being honest with you, about our ability to
navigate where we're at and get out of it without
any bloodshed, because I don't want to see anybody get hurt,
not you, not me, not my enemies. I don't want
to see anybody hurt. I don't want to see blood death.
I don't want to see it. But the reason I'm
having a hard time seeing a path forward that is
(02:19):
okay is because our enemy hates the country itself. It's
not as if the Democrat Party is your grandfather's Democrat Party,
JFK's Democrat Party, or even Bill Clinton's Democrat Party, where yes,
I can disagree, and we'll disagree with so many of
their ideas, but it's not a party that actually has
(02:41):
declared war on the country where they're trying to rule.
It that puts you in an almost impossible situation as
a nation. If I want to paint the walls of
our house green and my wife completely disagrees, she wants
to paint them all pink, Okay, well we've got a problem.
We're gonna have to argue. We'll work it out, maybe
(03:03):
come to some sort of compromise. But if I want
to paint the walls green and she wants to dynamite
the house, well that's an entirely different problem, now, isn't it.
Democrats across the country, top to bottom now regularly talk
like this.
Speaker 2 (03:20):
We are the world's number one bully, and we're using
our immense, unrifled power to rule over those who have
less power, and we're doing it with impunity. And this
(03:41):
sends a shocking message to the world that America is
indeed the what did they used to call the Great
Hand of Satan or something like that. I mean, America
under the Trump regime is demonstrating that that Moniker was
(04:04):
entirely accurate, the Great Satan. That's what we have become
in this country.
Speaker 1 (04:13):
That man is not only a sitting member of Congress,
he gets re elected every two years, meaning the Democrats
in his district. They hear him say things like that
and they don't care. He is unafraid to say things
like that because the Democrats voting for him feel the
(04:33):
same way. At no point in American history could you
find either political party willing to say something like that,
even if they felt it deep down inside, because they
knew for a fact that would be a bridge too
far and they would get voted out of office. But
this has now become mainstream Democrat talk, and it's all
(04:59):
really about power. In the end, what they want is
to burn this country down so they can rule over
the ashes. The paraphrase. I believe that was sun Zu
who said that an evil man will burn his country
down to rule over the ashes. That's what they want.
And I want to explain something about how they look
at power, how they look at unity. For instance, the
(05:22):
vote Latino president went on she went on TV and
she said this.
Speaker 3 (05:27):
But I think what's most important is that when they
see Barack Obama, people remember a time in America where
there was unity. They remember a time when there was calm,
when they saw that there was actual opportunity for their families.
And the contrast between the hate that the Republicans on
the magaside, keep pushing and someone who is very calm
and collect and saying, look, this has been where we
(05:49):
are in America, but we don't have to be. Remember
when I was president.
Speaker 1 (05:54):
Now you you've heard that before from Democrats, but was
so we were unified under Obama. We were so unified,
there was no divisiveness. We were unified. Now, of course,
every time you hear that, you scoff and you roll
your eyes, and you remember how hostile Barack Obama was
to the right. So he sent the irs after his
(06:16):
political enemies. You remember Barack Obama, Barack Obama the one
who actually sent the CIA FBI after Donald Trump. You
remember how device of how terrible he was. He created
the new racial divide in the country. Racial tensions were
almost gone. Barack Obama walked in and started picking at
those scabs. Now white people and black people hate each
(06:38):
other again. Its freaking terrible. So why would she say
something so ridiculous about we were unified. Well, let me
tell you why. Because when Barack Obama got elected and
they had the House, and they had the Senate, and
they had a Communist finding in the White House, they
had all the power and you had none. And for them,
that's what unity looks like. They speak about things like unity,
(07:01):
no divisiveness, We're unified. When they speak about things like that,
they don't mean the same thing you would mean if
you said it. When they talk about unity, what they
mean is you don't have any power. They have all
the power, and you have to do what you're told.
These are evil, evil people, and in fact, maybe it's
a good time to discuss what they will do when
(07:24):
they take power again. And I don't know when that
will be, God forbid. It could be twenty twenty eight,
twenty thirty, two, thirty six, forty, We could keep going
down the line. At some point in time they are
going to occupy the halls of power again. Well, you
remember what they did under Biden's communist regime, the mass
arrest of their political opponents. Donald Trump almost killed twice,
(07:46):
Donald Trump charged felony after felony. District after district. They
went ape. And maybe you're thinking to yourself, my gosh,
that was evil, that was terrible. We can never let
it happen again, And that would be the correct way
of thinking. But it's really, really, really really important for
you to understand, Democrats don't regret what happened at all.
The only lesson democrats top to bottom learn from the
(08:09):
evil things they did under Joe Biden is that they
didn't go far enough. That's the only lesson they learned.
Gavin Newsom's staff just posted this AI video on Twitter. X. Yeah,
(08:30):
that would be Donald Trump, Pete hag Seth, Stephen Miller
in handcuffs crying. You think what they did before was bad? Oh,
they have plans for when they take power again. They're
going to take the lessons they learned and they're going
to apply them. It will be a horrifying time if
(08:53):
they ever come back, and of course they will one day.
And how do we get here? Well, the mass important
of foreigners is a big reason we got here. It
just is. That's why Democrats love it so much. Importing
disloyal on patriotic foreigners imports the ultimate Democrat voting base,
because patriotic citizens don't vote Democrat. There's a reason the
(09:14):
Democrats in your neighborhood don't fly American flags. They hate
the country, and so where are we as a country?
There was actually a clip from today that just sums
it up perfectly. This congressman from Michigan, shre Tan Dahar.
I don't know some character from Indiana Jones. He of
course came here from India, has luxuriated in this country,
(09:36):
made a fortune in this country. He's now an elected
official in this country. And this foreigner got to interrogate
Christineome today, Christinome, who's been in charge of deporting foreigners.
Here's how that went.
Speaker 4 (09:48):
I am sick of your lives. The American people are
sick of the lies. American people demand truth.
Speaker 5 (09:55):
America is very happy that finally they have a president
in the White House that gets up every day to
keep them safe.
Speaker 4 (10:01):
Madam Secretary, you're incompetence and your inability to truthfully carry
out your duties of Secretary of Home Land Security. If
you're not fired, will you resign or.
Speaker 5 (10:11):
I will consider you're asking me to resign as an
endorsement of my work. Thank you very much.
Speaker 1 (10:18):
Boy, doesn't that just perfectly sum up where we are
in Western civilization? A foreigner we allowed to come to
our country, reside in our country, eventually gave citizenship, got
him elected in our country, now sits and interrogates the
DHS secretary, asking her to resign. For what for the
(10:40):
crime of deporting foreigners. And maybe the saddest part of
this entire thing is this, that's the Democrat Party. The
only hope we have, I guess I should say at
opposing them is the GOP. And these are the kinds
(11:00):
of people the GOP elects. Do you think he would
be a good president? Yeah? I do.
Speaker 6 (11:07):
I have to tell you, I think I'm very biased
towards governors. I think governors make the best presidents.
Speaker 1 (11:13):
I just do.
Speaker 6 (11:14):
I think for this very reason, we always see that
potholes aren't partisan. As governors, we actually have to accomplish stuff.
Speaker 1 (11:25):
Pathetic. We are at a place now, we're the wealthiest,
most powerful man on the planet. Can't go out in public.
Speaker 5 (11:36):
We did something extremely ordinary like go to Target or CBS.
Speaker 1 (11:41):
I can't go to thanks with us the general public, because.
Speaker 7 (11:48):
I there there's an immediate Can I have a selfie
line that forms? In these days, particularly in light of
Charlie Cook's motor there are serious security issues.
Speaker 1 (12:03):
It's not that I don't want to. I simply count.
Has Charlie's murder changed how you do things?
Speaker 5 (12:09):
Or were you already locked down pretty full before that?
Speaker 7 (12:12):
It certainly reinforced the severity of the situation where life
is on a hardcore mode. You make one mistake and
you're dead. It only takes one mistake.
Speaker 1 (12:26):
Why are we here. It's not the right, it's not Republicans,
it's not patriotic citizens. We're here because Democrats are sold
as evil demons who believe they're fighting a righteous revolution,
and they will kill on behalf of the revolution, and
they will kill in the large part because influential democrats
(12:47):
on TV social media tell them to.
Speaker 8 (12:52):
I challenge somebody to go and find a clip of
a Democrat invoking violence.
Speaker 1 (12:59):
Let's extinguish for good.
Speaker 9 (13:01):
I will go and take Trump out to night.
Speaker 10 (13:04):
We're gonna fight it in the courts. I'm gonna fight
it in the streets.
Speaker 1 (13:09):
When they go low, we're gonna bury them below the capitol.
That's what we're gonna do.
Speaker 10 (13:13):
We take them to the mud and choke them out.
Speaker 8 (13:15):
You know, there needs to be unrest in the streets
for as long as there's unrest in our lives. I
just don't even know why there aren't uprisings all of
the country.
Speaker 7 (13:22):
And maybe they're will big.
Speaker 9 (13:23):
We're walking down a damn different path. We're fighting fire
with fire, and we're gonna punch these suns in the mouth
by taking behind the gym and beat the hell out
of them.
Speaker 11 (13:32):
Don't punch back, chick back, jump over their heads and
win some power.
Speaker 6 (13:38):
And fight back, punch back and make sure that they
stay down, and you know what, kick them when they're
down because they deserve it.
Speaker 8 (13:44):
I think that you punch.
Speaker 1 (13:46):
I think you punch. I think you're okay. You you
okay with lunch.
Speaker 8 (13:49):
We are at war and that's why the gloves are off,
and I say bring it on. We are not only
gonna punch you back, but we are gonna knock you out.
Speaker 12 (14:00):
We're a war right now to save this country, and
so you have to be willing to do whatever is
necessary in order to save the country.
Speaker 13 (14:07):
Well, I am here to tell you that on me.
Speaker 2 (14:09):
Are we gonna push back, but we about to beat
you down.
Speaker 4 (14:13):
He shut down the feke.
Speaker 1 (14:17):
We are have war.
Speaker 14 (14:22):
We too, even in states where Donald Trump won big
that it does you any good running away from Donald Trump.
Speaker 1 (14:27):
I think you need to go back and punch him
in a faith.
Speaker 8 (14:30):
Let's make sure we show up.
Speaker 10 (14:32):
Yeah, we have to show up.
Speaker 4 (14:34):
And I do see anybody from that cabinet, in a restaurant,
in a department store, at a gasoline station.
Speaker 15 (14:43):
You get out and you create a gout, and you
just back on them and you tell.
Speaker 10 (14:49):
Them there to not welcome anymore anywhere.
Speaker 1 (14:56):
An ugly place to be, a cold civil war. All
that may have made you uncomfortable, but I am right.
We'll talk to Senator Ron Johnson about all this next.
And let us not forget that corporations. They played their
role in bringing us here too. So much of the
communist street animal behavior in this country has corporate sponsorship.
(15:20):
It's a fact you have ATN T T Mobile, Verizon.
These companies hate your freaking guts and they take the
money you give them and they use it against your
country and your culture as part of this civil war.
I don't have that. I have Pure Talk my company.
They love the country. Their CEO fought for this country,
(15:41):
two tours in Vietnam. They hire Americans when they give back,
to give to veterans. Switch to pure Talk, save money,
keep your phone, keep your number, go to pure talk
dot com, slash Jesse JESSETV. We'll be back.
Speaker 14 (16:04):
The Government Accountability Office just released a shocking interim report
on a widespread fraud within Obamacare. Let me explain what's
going on during the pandemic. The previous administration took a
variety of actions that weakened crucial safeguards. For example, they
eliminated common sense income verifications, which are essential to making
sure people actually qualify for the program. They also expanded
(16:27):
the number of people who got completely free health insurance
via what are called zero dollar premium plans, which is
a huge problem because if you don't pay anything for
a plan, you might forget that you have it, or
you may be enrolled in it by an unscrupulous insurance
broker without your knowledge.
Speaker 1 (16:43):
We've uncovered four point.
Speaker 15 (16:44):
Four million improper enrollments, including roughly one point six million
individuals who were enrolled in both Medicaid and an Obamacare
plan in twenty twenty four, which taxpayers, by the way,
are put in the bill.
Speaker 14 (16:57):
In both of these cases, you get double insured.
Speaker 1 (17:00):
You're not paying for eath. I'm so confused. I don't
understand thievery and how it works. I bet Senator Ron
Johnson's about to educate us though. Joining me now, great
Senator from the state of Wisconsin, Senator Ron JOHNSONI okay, Senator,
I don't even understand how you make money on this.
I know you're much more knowledgeable about pretty much everything
than I am. How do you make money as a
(17:22):
scammer by enrolling people who don't use the answer? How
does this work?
Speaker 12 (17:26):
So again, when Democrats passed the enhanced premiums, they exempted
anybody making one hundred and fifty percent of pottery liner
below from paying anything whatsoever. So you have literally millions
of zero premium policies out there now. Insurance brokers, the
unscrupulous ones, they know that. So all all they have
(17:48):
to do is get a name and some kind of
identifying information and they can sign people up in the plans.
And the bid administration stopped verifying income, stopped verifying anything.
You have the report that they signed up I think
in totally tried twenty four individuals twenty three I mean again,
totally fraudulent individuals.
Speaker 10 (18:08):
Twenty three got signed up.
Speaker 12 (18:10):
I think eighteen were still enrolled as September twenty twenty five.
So the broker gets the commission. The premium tax credit
doesn't flow to the patient, to the policy holder, It
flows right to the insurance company. The policy holder doesn't
even know they've been signed up. That's why we went
from around twelve million people on the exchanges before the
(18:32):
enhanced premiums, before the pandemic, to about twenty four million.
Paragon outfit, that public policy group thinks it's about six
point four million fraudulent enrollees in the Obamacare extension and
Obamacare exchanges. So they also ask me, it's about a
twenty seven billion dollars worth of fraud. And so now
(18:55):
the Democrats, we just voted on it. They wanted what
they call a clean extension. Sounds good extension. No, let's
just continue to extend this enhanced premium zero premium policies
and twenty seven twenty seven billion dollars worth a fraud.
They were happy to perpetuate that level of fraud, no
questions asked.
Speaker 1 (19:17):
Okay, Senator, everyone remembers we just got done with a
long government shutdown, the longest in history, one of the
longest in history. Whatever. It was a really long time,
and Democrats were pitching a fit the whole time about healthcare.
They made this kind of their messaging on it is
there some sort of link between all this and that?
What were they trying to get?
Speaker 12 (19:37):
Well, First of all, I don't believe the shutdown was
about healthcare. I think the shutdown was designed to make
sure that the economy is not healthy, that these premiums
continue to skyrocket. They don't want President Trump or Republicans
to be able to claim any success. They want power
in November of twenty twenty six. This was all about
(20:00):
denying success to Republicans so they can win the election.
Now they used Obamacare as a pretext. But understand we're
talking about here. They've done a very good job at
convincing their allies in the media and the American public
that if Republicans don't vote to extend these enhanced premiums,
everybody's healthcare is going to skyrocket. Right, Well, first of all,
we're only talking about the people on the exchange again,
(20:23):
twenty four million, less six about eighteen million people, more
than sixteen million of those people, it's not like the
substats go away. They just go back to Obamacare's original
subsidy design. But you got about one point six million
people that were making an over formed set of poverty
that under original Obombacare they didn't qualify for subseas.
Speaker 10 (20:43):
But during the pandemic they.
Speaker 12 (20:45):
Did a lot of these people are were close retirement,
and so they were alluded to retirement thinking they were
going to get the healthcare subsidized. Now that the rugs
being pulled up from underneath them. So really we've got
a problem with about one point six million people. But
the Democrats want to throw a couple hundred billion dollars
just to continue to mask where a failure Obamacare is.
(21:05):
If your insurance premiums are going up, that's because the
faulty design of Obamacare.
Speaker 10 (21:12):
And but again, if you're on.
Speaker 12 (21:13):
Medicare, Medicaid, VA employee sponsored care, what just got voted
on that we're not extending these substies has no impact
on you. It only impacts people on the exchange, and
the only people getting the subs is taken away about
one point six million people out of three hundred and
forty million people in this country. But again, the Democrats
have been very successful. If you know, when healthcare continues
(21:36):
to rise because of Obamacare's complete failure, they think they
can pin the blame on Republicans.
Speaker 1 (21:43):
What a game. Okay, So there's there's apparently multiple bills
flying around to address this. Does the GOP have a
good one that you like? Because that's probably the one
I would like.
Speaker 12 (21:54):
Well, my proposals, not the one we just voted on.
What we voted on was the chairman of the relevant committees.
They had their proposal. It's a step in the right direction.
I think we all voted for it. We knew these
this exercise is all going to fail.
Speaker 1 (22:08):
You know.
Speaker 12 (22:08):
My proposalho would actually address the problem the one point
six million people who now literally are facing because they're elderly,
they don't qualify for Medicare. In Wisconsin, some of these
people are facing premiums of thirty six thousand dollars per year. Again,
that's government's government forced insurance to be so unreasonably priced,
(22:30):
So we ought to do something for them. So what
I propose is, let's, you know, for a year or two,
let's extend the substaues. Here's the relevant question though, If
you're making over four hundred percent of poverty, what percentage
your income so the taxpayers expect you pay for premiums
before we subsidize the rest.
Speaker 10 (22:46):
What should that be?
Speaker 12 (22:47):
You know, I got a score on ten percent, came
in about five billion dollars per year. I'd rather go
twelve or thirteen percent, which I think is reasonable, right,
it's kind of self limiting. I actually have a couple
of Democrats interested in that. That would be a real solution,
very limited cost, focuses on those people.
Speaker 10 (23:04):
Really being harmed by government.
Speaker 12 (23:07):
Let's faces, we're kind of in charge of government, so
I guess we've got to try and mop up that mess,
just like President Trump's doing with the border and the wars,
and you know, forty your high inflation. Part of the
problem Republicans ace face when we gain power. We're always
cleaning up the messes created by the Democrats, and they
create enormous messes, and they have you know, long tail winds,
(23:29):
and they're they're just very difficult things to do.
Speaker 1 (23:34):
Senator shifting gears here, nine hundred and one billion dollar
defense bill is apparently on its way to the Senate.
These defense bills normally make me want to vomit because
there's all kinds of crap they put in there, and
they call it a defense bill, and if you're against it,
of course you don't support the troops. What is in
this one that I'm going to hate?
Speaker 10 (23:54):
Probably a lot?
Speaker 12 (23:56):
You know, those we're written by Eric Prince two big
to win, and I would have loved if Erik Prince
could have joined the administration, maybe a Secretary of Defense
or you know, some key position, strategic policy maker and
something like that. But he basically argues, you know, we're
so massive in our procumant policies, and you're always looking
at the last war. We aught to be looking at
(24:17):
what's happening in Israel and Gaza, what's happening in Ukraine.
I mean, these wars are being fought in a different way.
I mean, drones are completely changing the landscape a whole
lot cheaper in many cases, are very very dangerous, you know,
very very lethal, but far more targeted. So again, the
generals are always finding the last war.
Speaker 1 (24:37):
We need more.
Speaker 10 (24:38):
Strategic thinking here.
Speaker 12 (24:39):
Yeah, we're going to spend more than we should in defense,
and you're right, it's hard to vote against that because
you want to support the troops.
Speaker 10 (24:46):
You know, obviously, when you're.
Speaker 12 (24:47):
Spending nine hundred billion dollars, you're spending a lot that
needs to be spent. But there's no doubt about we
could spend these things much wiser. But this is Congress
in charge, and.
Speaker 10 (24:58):
You get what you get.
Speaker 1 (25:02):
Tell me about earmarks. The rumor is that you're having
some conflict with some of your fellow Republicans.
Speaker 12 (25:09):
Well, the first conference meeting I attended when I got
elected in twenty eleven, this is during orientation before as
a senator, was the conference meeting where they were debating
whether we should as a conference support earmarks. And you
had Tom Coburn on one side who said earmarks was
the gateway drug, and he had others on the other
side saying, yeah, but you can't allow a Democrat president
(25:30):
to direct all the spending. Some of this should be
directed by Congress, which is a good argument. I mean,
I get that, but I signed more of Tom Coburn
that is it's a gateway drug. We passed the resolution,
and we didn't do earmarks for ten years. But then
Biden came into office. Democrats had the power. They were
going to do ear marks, and so Republican leadership said, well,
(25:53):
they're going to get some earmarks.
Speaker 1 (25:54):
We bought it.
Speaker 12 (25:55):
Ought to get some too. Now, currently I think twenty
eight Republicans didn't do remarks, others did. We've got a
problem with that, and that's that's the issue right now.
You know, are we gonna fix it this time? Probably
not already baked in, but we're raising the issue, and
you know, we certainly hope we can reform this moving forward.
Speaker 1 (26:19):
Senator, thank you. If I don't talk to you again beforehand,
have a merry Christmas, you are yours. Please's caught to
Carol Roth. Carol usually makes us feel better sometimes. Anyway.
We got a rate cut, that's something. At least we're
gonna sleep good because a beam. That's something. We have
dream powder, no matter how bad it gets, we have
(26:42):
dream powder. We have hot chocolate. You know, that's what
dream powder is. I take a little coffee cup, pour
a little milk in there just before bed. I then
go get myself a scoop of dream powder, put it in,
mix it all up. It's just delicious hot chocolate, mind
cinnamon chocolate. You'd never know. There's all kinds of goodies
in there, all kinds of natural things, no drugs, drug free,
(27:06):
natural things that make you just a little sleepy. And
when you go to sleep, stay asleep. And more importantly,
when you wake up, you actually feel rested, not that groggy.
You know, took something to sleep hangover. Try it. It's
gonna make your Christmas season better. Shotbeam dot com slash
Jesse Kelly we'll be back. The Federal Reserve just cut
(27:37):
rates twenty five basis points. I don't know exactly what
that means, but it sounds good. Joining me now, my
friend Carol Roth, two times New York Times best selling
author recovering investment banker. Okay, Carol, what does this mean
for me? And I don't care about what it means
for Wall Street? What's it mean for me?
Speaker 8 (27:57):
Well, what it signals is that the Federal Reserve is
concerned about two things. One is that it is considered
about employment. So what it means for you is that
if you have a job, you should hold on to
it with dear life unless you have another one lined up,
and not be a you know, so cavalier about job
switching because they have a concern that there is softening
(28:20):
in the labor market. So that's the first thing. The
second thing, which isn't directly related to them cutting rates,
but more with what they are going to do with
their balance sheet. They're instead of letting securities that they
have bought previously run off their balance sheet, guess what
they're going to do now, Jesse. They're going to start
to buy more securities. But it's just short end securities,
(28:44):
meaning the short duration one year or less type of securities,
So it's not really QE like it was before. But
basically what they're signaling with this is that they're concerned
about the workings of the treasury market, having enough liquidity
in the banking system, and if they feel if they
don't intervene, that rakes could spike and there could be,
(29:08):
you know, some potential crisis. So they're trying to get
in and put that aside. So in terms of what
this all means for you, do you want me to
continue to want to ask a question?
Speaker 1 (29:19):
Please? No? No, please continue, Okay.
Speaker 8 (29:22):
So, in terms of what it means for you, if
you are a saver in somebody who's investing in short
term CDs or money markets or things like that, it
means that the rate that you're going to earn on
your savings is going to be less. But in terms
of things like mortgages or the costs of the government
financing its debt, unfortunately the Fed does not directly influence that.
(29:47):
It usually has an indirect influence. But at this point,
because our fiscal position is so bad, we're in something
called fiscal dominance, where our fiscal policy is dominating anything
the FED could do with their mind pnitary policy. So
it won't have an impact on that unless other things
happen outside of the FETs control.
Speaker 1 (30:09):
All right, as you can imagine, I have questions already
the softening of the labor market. I love how you
massage that word, Carol, You just set it down like
a little puppy. What does that mean? And why are
they worried?
Speaker 8 (30:22):
So they're concerned that companies are not hiring as much,
that there may be more layoffs, that there may be
may be more difficult for individuals to find jobs. There
are fewer job openings available per job seeker, so all
of those things. What part of their stated mandate, which
(30:44):
we don't know that they actually follow, but part of
their stated mandate is to maximize employment to get us
to full employment, and so they're concerned about what that
employment is going to look like. And as you can imagine, Jesse,
in terms of flowing through the general economy, if people
don't have jobs, they're not outspending money. That can be
a drag on the economy. So they're hoping that by
(31:07):
lowering interest rates that they will be giving you a
little bit of breathing room to companies to maybe hopefully
spur them to not lay off people, to make more
hires and the like. As you can imagine. Again, not
necessarily a direct one to one correlation, but that's the
stated purpose.
Speaker 1 (31:28):
Okay, Carol, I understand that I'm about to ask a
very simple question that's going to require a complicated answer
that almost probably can't even be answered. But why are
companies laying people off? Why are they firing people? Why
are they hesitant to hire people? Is this is it
an interest rate thing? Is it an AI thing? It's
technology advancing and facing people. But what why aren't companies hiring? Well?
Speaker 8 (31:53):
I think it depends on which companies. If you have
the largest companies, the ones who are focused on the
stuff market, who are who have publicly traded securities, who
live and die by quarterly releases and results, those types
of companies are the type that you may be looking
(32:13):
to AI who may have over hired during COVID and
now are looking to normalize their hiring base. And a
lot of those big corporations, you know, they're just looking
for cost savings. They don't really care about people, so
that becomes an issue for them. For smaller companies. We
have not seen deregulation. Many of them have been dealing
(32:36):
with tariff issues and other costs of doing business. Since
you know, costs have been continuing to increase on a
state and local level. We continue to see minimum wages
going up, so it becomes more difficult for those companies
to continue to hire. So you're seeing more people taking
(32:56):
on more responsibilities and seeing their job expand probably not
for much or in some cases any increase in their
wage versus the companies bringing on new people. So it
really is a bit of a mixed bag depending on
where you stand in the market, but all of those
issues converged. The one thing I will say is that
(33:17):
obviously we have also cut a lot of illegal immigrants
out of the market, so some of the drag may
be on that side, the fact that there are people
who shouldn't be here working who are not here working,
which is a very positive development, but as you can imagine,
that's going to take some time to normalize. If you
take a bunch of people out of the market, it
(33:39):
may be a while before those people are replaced. There's
a mismatch there, So in that particular case, it may
just be a normalization. And so that's the bright, shining
good news piece in all of the other potentially had
scratch your news.
Speaker 1 (33:56):
You know, Trump deported all the cleaning ladies from my buildings.
We're still going through that. I wanted to ask you
about this Fox News article that you wrote, wonderful article
by the way, titled Americans have never had access to
more luxuries? But why do we feel so poor? All right, Carol?
Why do we feel poor?
Speaker 8 (34:14):
This is the craziest thing that's been really bugging me
for a long time.
Speaker 13 (34:18):
As somebody who advocates for the.
Speaker 8 (34:20):
Middle and working class in the American dream for everybody
is that we have this very strange paradox when it
comes to wealth. When you think.
Speaker 13 (34:29):
About what wealth does for you, it should buy you
freedom and flexibility. It should give you access to goods
and services. But it also should really reduce your stress,
right that you shouldn't have to worry about things if you.
Speaker 8 (34:44):
Have that wealth. And so what we have today is
a place where a lot of our wants are available
to us. You know, we have technology in our pockets
and our cell phones that you know, our supercomputers with
access to all information that's ever been created in the world.
We have medical advances, we have, you know, a lot
(35:06):
of things that if you know, you look back one
hundred years, you'd say, this is an incredible time of
abundance and luxuries. But at the same time, the basics
of living things like food, things like housing, things like education,
cars and the like, those are really becoming more and
more out of reach for Middle America. And you know,
(35:29):
the stress that you're supposed to be able to relieve
by having this wealth is not happening. And if you
tie it together and you look at what the causes are,
whether it's education, whether it's it's housing, whether it's it's healthcare,
the like, a lot of those are really coming on
the back of bad policy. It's government intervention, it's federal reserve,
(35:53):
monetary policy, it's the policies of government getting in the
way that has made our lives more expensive. And so,
you know, we feel like, you know, we many many
people feel like they don't have access or struggling to
just meet their needs when we live in the supposed
age of abundance. So it really is a paradox and
(36:15):
not a good one one that we do need to
focus on solving for the American dream to be in
everybody's reach and grasp.
Speaker 1 (36:23):
Well. Everybody should be able to go to Red Lobster.
Thank you, Carol, appreciate everyone should have chopped too. Everybody
should have a chalk subscription. No matter how old you are, male, female,
you should get a chalk subscription. I personally take a
male vitality step from chalk every single day. Why oh
(36:47):
my gosh, I have so much more energy now, and
it's the good natural kind of energy, not the jittery
I just had ten Red Bull kind of energy. You
just feel good all the time, better mood, better focus,
You're better at work. Natural herbal supplements are our path forward.
I take chock every day because it makes me feel
(37:08):
good and I don't feel like I ever need to
go to the doctor's office, and that's a place to avoid.
You want to experience this. You're sixty ninety days away
from feeling like a totally different person. Chalk dot com
slash JESSETV. We'll be back.
Speaker 9 (37:32):
I want to see trans kids. I have a trans
god son. There's no governance sign more pro trans legislation
than I have, and no one has been a stronger
advocate for the LGBT in too minute, But you have
to accommodate the reality of those whose rights are being
taken away as we advance the rights of the trans community.
Speaker 1 (37:50):
All right, joining me now, John Phillips, host of The
John Phillips Show. John, I'll say a couple things, and
as you know, you're more than welcome to disagree with me.
I've always interpreted Gavin Newsom as being a pretty savvy politician,
A savvy politician who should be savvy enough to know
I want to see trans kids as about to be
(38:11):
all over everybody's television set for about three years now
as he runs for president. Why would you be so dumb?
Speaker 11 (38:21):
Go back to his podcast when he first started it,
when he had Michael Savageohn as a guest, he had
Steve Bannon on, he had Charlie Kirk, and he had
the conversation about transathletes in girls sports, and he said
that he thought that it was fundamentally unfair. He got
roasted over that in democratic circles. They were furious with
(38:45):
him over making that statement and making it to Charlie
Kirk of all people. And at a certain point he
decided to recalibrate. And when he recalibrated, he became the
partisan warrior. He became the guy that hates Donald Trump
more than anyone else in the room. Well, that doesn't
(39:05):
jive with saying things like that. So now he's back
to being a hard partisan where he takes the standard
Democratic position on just about every issue known to man,
because he got such negative blowback from Democratic circles after
he tried going the other way.
Speaker 1 (39:25):
So they whipped him into it. Who oh yeah, if
you had to say, who do you think he I'm
sure he takes a bunch of people. Seriously, who do
you think he fears the most in this upcoming primary?
You've already mentioned you know there's going to be an AOC,
either her or some type of her on stage forcing
him to get left of Jake of Era. But who
do you think he really thinks might beat him?
Speaker 11 (39:48):
Well, whoever emerges is that type of candidate. And it
may be AOC, maybe Jasmine Crockett, who knows, maybe it's
Bernie Sanders with Luigi Board. You don't know right now,
but we know that some every one will fill that
void and someone will occupy that lane. And what advantage
they will have over him is authenticity. They really believe it.
(40:09):
At different points in his career, he's run as the
conservative candidate.
Speaker 1 (40:14):
I mean, don't forget.
Speaker 11 (40:14):
At one point he wrote a book about government, talking
about how bloated it is, where I think Mark Levin
gave him a blurb for the jacket. And at various
points in time he's moved to the left in the center.
And if you're running against him in a Democratic primary,
that's your.
Speaker 1 (40:30):
Line of attack.
Speaker 11 (40:32):
This guy is saying what he thinks will get him elected,
but it's not authentic. And no one goes to Red
Lobster to order the chicken. If you want a candidate
who's a left wing nut, there are genuine left wing
nuts out there that you can turn to. He's just
playing the part right now.
Speaker 1 (40:51):
Okay, does he play it well enough? Because from what
I understand, the finances are looking pretty good on his
presidential ron. You and I've talked about this before. He's
gonna raise a ton of money. He's governor of California.
He's gonna raise a ton of money. Does he play
the part well enough? Democrat voters are stupid, they can
be fooled.
Speaker 11 (41:10):
I don't know, because I don't know what those people
are thinking right now, And how angry. They're gonna be
at Donald Trump when the next election rolls around. I mean,
don't forget right now, everything that's coming out of Gaven
Newsom's mouth is jextaposing himself with Donald Trump. But Donald
Trump is a lame dug. Donald Trump won't be on
the next ballot. It's gonna be jd Vance to Marco
(41:33):
Rubio or Ted Cruz or somebody else. And sometimes if
you're the guy who just can't stop talking about something
that happened in the past, you become Al Bundy talking
about four touchdowns in a single game, and you don't
look particularly relevant right now. Being the Trump hater is
giving him the Jews. But people aren't voting right now.
(41:55):
People are gonna vote in the next Democratic primary, and
I just don't know what the temperature is gonna be
be then.
Speaker 1 (42:02):
John, should we be more fearful of JB. Pritzker than
we are? And I, obviously I don't care for JB. Pritzker.
I'm sure you don't either. But he is a governor.
He's gonna be able to raise money. He's got a
bunch of money himself. He's kind of fat, he's got
that relatability kind of fat thing. I mean, aren't we all,
especially this time of year? How capable is this guy?
(42:24):
Is this some guy you think Gavin Newsom's worried about.
Speaker 11 (42:27):
Well, if he can go to a Las Vegas casino
and win what was at a million and a half
dollars with no lawlessness, the guy is the luckiest person
on planet Earth. Now, you know, I don't know what
game he was playing. I wasn't in the casino that night,
but it sounds like he either got a royal flesh
or came close to one, although I was told by
a reliable source he came close but was a jack off.
(42:50):
But this is a guy who certainly has the money.
He has the money to go to the distance. He
has the money to fight fire with fire. If Gavin
Newsom comes in there with all the money that he's
going to be able to raise, and don't forget AOC
is the top fundraiser in all of the House of Representatives.
She raises more money than Speaker Johnson. She raises more
(43:12):
money than Haakien Jeffreys. And if you look at who
else is on that list, so is Jasmine Crockett. So
the loudest voices in the room right now on that
side are being rewarded. And I wouldn't count these people out.
Just because we think they're mental patients doesn't mean Democratic
primary voters think they're mental patients. They may find that endearing.
Speaker 1 (43:38):
What a world, John, Thank you brother, I appreciate it.
President AOC. Anyway, we'll be back. It is time to
(44:01):
light in the mood. And I was sitting in the
living room yesterday, yesterday morning, and A my wife, she
was in the bedroom, she was in the bathroom, and
I just start laughing hysterically, just just dying laughing, to
the point where she comes out and she says, Okay,
whatever that is, you have to send that to me.
(44:22):
You want to know what had me sitting in my
recliner yesterday morning, just belly laughing. It was this right here.
(45:07):
Oh let's see it about.
Speaker 2 (45:13):
Mm hm m m
Speaker 1 (45:17):
H
Host
Jesse Kelly
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