Episode Transcript
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Speaker 1 (00:00):
Good night. Michael Brown joins me here, the former FEMA
director of talk show.
Speaker 2 (00:03):
Host Michael Brown.
Speaker 1 (00:04):
Brownie, no, Brownie, You're doing a heck of a job
the Weekend with Michael Brown. All right, you Goober's let's
wrap up this program and let's all get out of here. Okay,
but I know you're hanging on every word. Here are
the rules of engagement. I want you to follow me
on X, Facebook and Instagram. Okay. I love followers. Just
(00:25):
follow right behind me. We're gonna all go like, let
me just jump over the cliff on X or Twitter.
It's at Michael Brown USA. Got it. Go follow me
on Twitter right now at Michael Brown USA. I'm waiting,
hurry up. And on Facebook and Instagram, those are at
Michael D. Brown. So I'm going to check in a minute,
(00:48):
and you in the back of the room, get busy
and do it now. If you will send me a
text message on your message app, the numbers three three
one zero three three three one zero three. Just begin
text your question your comment with the word Mike or
Michael either one. It'll get through back to Kamala Harris
(01:10):
because now I want to talk about how what she's
doing is pure, unadulterated Marxism. In fact, it's almost to
a certain degree it's either fascism or communism. Listen to
what she had to say in that, in her her
economic speech, in her propaganda, in her kind of I
(01:37):
don't know, let's see if I can't fool these people,
uh speech, She's going to go after these evil food companies.
Speaker 2 (01:47):
As attorney general in California, I went after companies that
illegally increased crisis, including wholesalers that inflated the price of
prescription medication and companies.
Speaker 1 (02:03):
What do you mean you did that as the attorney general?
Was there some sort of collusion? You know, companies can't
get together and do what's called price fixing, like airlines,
oil and gas companies, grocery store chains, auto makers. They
(02:23):
can't all get together in a smoke filled room, whether
that be cigar smoke or happens to be marijuana, either way,
they can't all get together in a room somewhere and
collude to set prices at an artificially high level. That's
price fixing and that's illegal. Is that what she did?
I'd like to know exactly what she did, because I
(02:44):
can't find any data anywhere about her doing anything about
so called price fixing. By the way, California is also
the same state where you can steal just about anything
and not be prosecuted for it as long as it's
less than what nine and fifty dollars or something nine
hundred and fifty eight dollars. I forget, who cares what
(03:04):
the exact dollar amount is. As long as you shoplift
and it's less than whatever that amount is, nine hundred
and fifty dollars, you're good to go. Which is why
everything you now want to buy in a convenience store
or a Walgreens or a CBS is all lucked behind
you know, some sort of plexiglass that you can't get to.
(03:29):
This woman is just a bald faced.
Speaker 2 (03:30):
Liar that conspired with competitors to keep prices of electronics high.
Speaker 1 (03:37):
Oh, now that is price fixing. Show me the receipts
on that, mad and Vice President. Show me the receipts
on that.
Speaker 2 (03:45):
I won more than one billion dollars for consumers.
Speaker 1 (03:50):
You won one billion dollars for consumers. Because most of
the time when there is legal action brought because of
price fixing, there sometimes in a private situation where someone
has gone after a corporation for doing something wrong a
(04:11):
class action lawsuit. You know, you get to notice on
your email, or you might get a little letter in
the mail or a postcard that says, hey, you bought
something four years ago and we found out that there
was a defect in it or they did something wrong
in advertising or whatever, and so you're a member of
the class. And if you fill this postcard out and
(04:32):
confirm that you bought something, you're going to get a
check in the mail. I love to get those checks.
I get, on average, probably one a year, and I
save them all. You know why, kids are like either
a dollar nineteen or they're thirty eight cents, or they're
they're in exchange for something. Hey, if you go buy
(04:53):
one hundred dollars worth of X, now we'll give you
ten percent off. Well, I don't want a hundred dollars
worth of Why I just I either just toss it,
or if I actually get a check in the mail,
I just say that because to me, it's just hilarious
because then by not cashing the check, they have to
account for it. Oh that aho Michael Brown. Everage cash
(05:13):
is thirty eight cent check.
Speaker 2 (05:23):
So believe me, as president, I will go after the
bad actors tell and I will work to pass the
first ever federal ban on price gauging on.
Speaker 1 (05:41):
Food price gauging. I don't know what price gauging is.
Speaker 2 (05:46):
Let's listen to that again, past the first ever federal
ban on price gauging on.
Speaker 1 (05:51):
Food price gauging. Yeah, so that's like you, you you
gauge the price. She can't even read from the teleprompter
she passed Joe Biden, she means price gouging. But I'd
like to know what she means by price gouging, because
price gouging can mean a whole bunch of different things,
and I don't truthfully, in certain circumstances, I don't have
(06:14):
a problem with price gouging. Price gouging is pure, unadulterated capitalism.
You know, they have a rule in most states that
when there's a natural disaster, you can't price gouge. And
I've always thought that was so stupid, because by not
allowing businesses to increase the price of something, they're actually
(06:37):
limiting the supply of that something. For example, plywood, if
you can't if you can only sell plywood at the
normal price, say in a hurricane zone. Then when the
hurricane hits, or before the hurricane hits, actually people are
buying that plywood at let's just say, I don't know
(06:59):
how you price play wood. Let's just say a dollar
square foot. Well, if everybody buys plywood at a dollar
square foot, there's no incentive whatsoever for somebody to go
out and get additional plywood and haul it all the way,
say from oh, I don't know, Massachusetts down to Georgia
or Florida, because they can't make any profit on it.
(07:23):
It always bugged me too, because if, for example, there's
always a need for water in a disaster zone, and
the government will contract for suppliers to bring bottled water
to a disaster zone so that water can be given
out to victims of disasters. But I don't think it's
wrong to price gout. For example, let's say that in Houston, Texas,
(07:49):
Harris County, Texas, that a tropical storm or a hurricane
or something hits Houston. Galveston and Houston are hit by
a hurricane, and so now the government's going to bring
in supplies of water. But the government can't get those
distribution points to every single area simply because of the
(08:11):
of the logistical nightmare and the cost of doing so.
But let's say I live in Oklahoma City or I
live in Dallas, and I rent an eighteen wheeler, and
I buy up all of the bottle of water that
I can at the price that it's going for in
Dallas or Oklahoma City, and let's just say it's a
dollar a bottle. But there's a huge demand for bottled
(08:34):
water in Houston. So now I'm going to take that
one dollar bottled water that I buy in Oklahoma City
or Dallas, and I drive it. I get I rent
the eighteen wheeler, which costs money, I fill it full
of diesel, which costs a boatload of money, and then
I drive it all the way down to Harris County
all the way down let's just say no, all the
(08:54):
way down to Galveston, all the way down to Surfside,
a little town outside Galveston. But now, because there's a
demand for water there, that dollar bottle of water I'm
gonna sell for five dollars and people are willing to
pay for that because they want the water. Somebody explaining
to me, what's wrong with that, Well, Michael, that's you're
(09:16):
taking advantage of people that need the water. No, I'm not.
They're willing to pay for it. If they don't want
to pay for it, then they don't have to buy it.
I'm just offering you for sale. But they call that
price couching, or in hurt in her vernacular, price gauging,
price gauging. What's wrong with this? I'll explain next. It's
(09:41):
a Weekend with Michael Brown. Texaware, Mike or Michael to
three three one zero three, Hang tight, man, I might
go to roll. I'll be right back. Hey, welcome back
to the Weekend with Michael Brown. I'm laughing because your
text messages today are absolut hilarious. Let's see gouber number
(10:03):
forty one forty one. Michael, I remember a story at
the beginning of the pandemic where two colleague students went
to every dollar tree in location in a particular area
and about every bottle of hand sanitizer for one dollar
per bottle. Remember there was always the demand for the
super Clorox wipes. You couldn't find them anywhere, and then
Target and other places would limit you only one, only
(10:24):
one container per person or whatever. It was so stupid,
The text continues. They then offered those for sale at
three to five dollars a bottle. They were threatened by
authorities and shamed into selling all they had, all they
had bought for one dollar a bottle. Why if people
are willing to pay three to five dollars a bottle,
let them do it. Gouber number eighty one seventeen, Michael,
(10:48):
we live in Galveston. Your water story makes sense, But
just want to say we'd pay ten dollars a bottle
if you can keep Kamala from becoming president and talking
any more about price gauging a E and then ninety
six twenty two Michael. But then speaking of taking the
bottled water from Oklahoma City or Dallas to Houston, you're
(11:09):
then stuck in the disaster zone without a load to
get back to Dallas. Oh, probably not necessarily true. There
are probably a lot of people that would pay you
then if they could load their belongings and take it
somewhere to put it in storage. So then you could
convert your eighteen wheler into a moving truck, or I'm
(11:32):
gonna say it anyway, or you could become a cartel
member and you could just load your eighteen wheeler up
with the illegal aliens and just bring them back to Dallas,
bring them back to Denver, make money both ways. Oh God,
I'm just kidding. I'm just kidding. Uh Gooble Nmer ninety
two forty nine. Michael back Kamalas necklace. I told you
(11:52):
that before that, the necklace she was wearing, you can
buy it Tiffany's for a mere sixty two thousand dollars,
which seems pretty cheap to me. I mean, you would
think that her husband would buy her a decent necklace.
Come on, sixty two grand. In fact, I know at
Tiffany's you can probably get a necklace for one hundred
and sixty two thousand dollars. What kind of cheap ass
(12:13):
guy is he? Anyway? Mike about Kamala's nexless I'm thrilled.
I can't imagine ever being able to afford sixty seven
thousand dollars on a necklace. But with Kamala's adoption of equity,
I'm sure we will all come out of the same
place wearing that Tiffany golden necklace. Where's my ballot? I
want to vote now, Patty, Well, Patty, you remind me
(12:35):
that I do need to let this audience hear about
Paula's idea of equity. She made a video promoting communism
for her twenty twenty election, a video. I want you
to listen to this because it allows me to swerve
(12:56):
right into the story all about price game. We're gonna
call it price get gauging, just for the fun of it,
all about price gauging. By listening to her, this is
her in twenty twenty, probably made in twenty nineteen as
part of her campaign to become the Democrat nominee four
(13:16):
years ago.
Speaker 2 (13:18):
A big difference between a quality and equity. A quality
suggest oh, everyone should get the same amount. The problem
with that is not everybody's starting out from the same place.
So if we're all getting the same amount, but you
started out back there and I started out over here,
we can get the same amount, but you're still gonna
be that far back behind me.
Speaker 1 (13:38):
Stop and thinking about her her logic here now, So
we all start out, you know, in equal places. But
if I get more, then I get to move ahead,
but you're still back here behind because you got more,
and that's just bad.
Speaker 3 (13:56):
It's about giving people the resources of the support they
name so that.
Speaker 2 (14:01):
Everyone can be on equal and then come cheat on
equal footing. Equitable treatment as we all end up at
the same.
Speaker 1 (14:11):
Equitable treatment means we all end up at the same place. Now, well,
let me finish. It, isn't the music soothing? We're all
(14:36):
going to end an equity means that we're all going
to end up at the same place. Now I have questions,
you know I need to. I should dim the lights
in the studio and lights some candles and listen to
this again because it's so proper aganic. It's pure unadulterated
(15:03):
communism disguised as oh, we all need to end up
in the same.
Speaker 2 (15:11):
Place, and so there's a big difference between equality and equity.
Equality suggests, oh, everyone should get the same amount. The
problem with that is not everybody's starting out from the
same place. So if we're all getting the same amount,
but you started out back there and I started out
over here, we can get the same amount, but you're
still gonna be that far back behind me.
Speaker 3 (15:33):
It's about giving people the resources and the support they
need so that everyone can be on equal footing and
then compete on equal footing.
Speaker 2 (15:44):
Equitable treatment means we all end up at the.
Speaker 3 (15:47):
Same footing.
Speaker 1 (15:55):
Means that we all end up at the same place. Oh,
do you want to end up where I am? Do
you want to you want to see my bank account?
Do you want to see my financial statement? Or can
I see yours? Because I might want to end up
(16:17):
where you are, but quite frankly, I really don't care
about you. No, I wanna I want to end up
where Oh I don't know Bill Gates or Warren Buffett?
Are I think that would be equitable? So we should
all be Warren Buffett or whoever the richest man in
(16:38):
the world is right now? Is it? Is it Bill Gates?
Is it Warren Buffett? Is it Elon Musk? Who is it?
Is it the the CEO of in Vidia? I forget
his name? Who is it? Whoever that is? I want
I want to be equitable with them, So screw you.
I don't want to be equitable with you. No, even
even if you're even if if you're higher on the
(17:01):
food chain than I am, I really don't want to
be where you are. I want to be where they are.
That's pure unadulterated communism, and that's what she's advocating. So
let's let's let's assess where we are. So Republicans bitch
and moan that she doesn't say what she's going to
do as president, and then she proposed the first ever
(17:25):
federal ban on price gauging. I can't stop saying that.
Now she's she's going, she's going. She's going to do
the first ever federal ban on price gauging on food
and groceries, setting clear rules of the road to make
that make sure that big corporations can't unfairly exploit consumers
(17:47):
to run up excessive profits on food and groceries. That's
her major economic policy. Well, if your number one issue
is inflation, that's who she's talking to. But let's think
of a more accurate way to think about it. Texall
where Michael Michael three three one zero three. I'll be
right back tonight. Michael Brown joins me here, the.
Speaker 3 (18:13):
Former FEMA director of talk show host Michael Brown.
Speaker 1 (18:15):
Brownie, No, Brownie, You're doing a heck of a job
the Weekend with Michael Brown. Hey, welcome back to the
Weekend with Michael Brown. Glad to have you with me.
We're talking about price price gauging. Yeah, it's a new
it's a new term, uh spoused by Kamala Harris and
her major economic policy Hell's bell. She can't even read
from the teleprompter right. Uh here, do me a favor.
(18:37):
Another rule of engagement. On your podcast app whatever you
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(18:58):
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(19:19):
can kind of move up in the rankings and more
people will find us. So back to her idea that
she wants to engage in or put a federal ban
on price gauging. I I can't unhear that this apparently
(19:39):
is her major economic policy announcement, and it's obviously aimed
at voters who say that their number one issue is inflation.
And I would say that, you know, for me, inflation.
You know, my top three political issues for this camp,
for this election cycle indeed are inflation and immigration, and
(20:01):
I would say those are tied at number one and
number two. They flipped back and forth, and then obviously
international affairs were living in a very dangerous world. And
I don't think that these yahoos that are currently in office,
including the current Vice president, can be trusted over the
next four years to deal with the Iranians, to deal
with the Russians, to deal with the Chinese, deal with Venezuelans.
(20:23):
I just don't trust them at all on foreign policy. Remember,
she claims, and she proudly claims that she was the
last person in the room and Joe Biden made that
decision to make that horrible withdrawal from Afghanistan. They left
billions of dollars of equipment there. So for her to
(20:44):
make this policy announcement about inflation is meant to address
those who are most concerned about their pocketbooks. But I
would say that a more accurate way of describing her
proposed ban on price gouging is simply price control. And
the record of price controls throughout history is awful. I
(21:07):
actually recall, not vividly, but just as a teenager, I
recall Nixon doing this in the seventies, and I can
remember my parents talking about how they were really conflicted
about it, because, well, my parents honestly were happy because
inflation was awful. They were happy that prices at least stabilized,
But they also were worried about what was going to
(21:29):
happen afterwards. Because price controls do stop temporarily inflation. They
freeze prices. That's what price controls do. That's what Nixon
did in nineteen seventy one. Boom stop, We're gonna for
ninety days you cannot raise prices on anything. And then
(21:51):
as soon as those price controls are lifted, prices rise again.
Pent up demand basic supply it supply and demand end.
But here's the other key. Think about Think like they
would think. Think like Kamala Harris would think. If somebody
(22:11):
went to her and said, listen, Madame Vice President, if
you go through a price controls, you understand that once
you lift those prices will skyrocket?
Speaker 3 (22:24):
Do you will?
Speaker 1 (22:24):
I think she would say, then let's never lift them.
Now you have an entire federal bureaucracy that is going to.
And this is one thing that Nixon avoided. Nixon said, look,
we will have sanctions, we will have some penalties if
you do increase prices, but he vowed not to create
a giant federal bureaucracy they would impose, they would enforce
(22:48):
these price controls. So if Kamala Harris knows that once
she lifts price controls that they will skyrocket, she's so
stupid that she might actually say, well, then I'll never
I'll just freeze prices now, and then we'll just create
a government bureaucracy that we'll just control what food prices
will be or gasoline prices. Do you know who's tried that. Well,
(23:16):
we don't have to go back to Stalin, we don't
have to go back to mal We can go back
to someone called you go Chavas.
Speaker 3 (23:26):
You go.
Speaker 1 (23:26):
Charlvez was the dictator of Venezuela before he died and
Maduro took over. Now I don't i'd have to. I'm
not going to google it and look right now, but
Venezuela has been under this kind of system now for
more than a decade, price controls. Well, guess what it
(23:48):
is so bad in Venezuela that people can't get basic supplies.
They line up at grocery stores. They literally line up
at grocery stores with a list of things they need.
Let's say they need flour, sugar, and eggs. All right,
they want to bake, make some bread or something. Well,
(24:08):
they line up at the grocery store. But the grocery
store will simply tell them, well, here's all we have
available today. You want. You wanted what I say, flour, eggs?
What did I say? Sure, flour, eggs, and sugar. But
we don't have flour, eggs and sugar today. We have
cooking oil and sugar and eggs. Well, without flour, you
(24:32):
can't really do anything. So uh, that's that's what you
can buy today. And by the way, it's limited, so
we'll let Uh, there's a line of I'm just making
these numbers out of my butt. So there's one hundred
people in line. Well, we'll let ten of you in.
Will those ten go in? And what do they do?
They buy everything that they can. They buy the cooking oil,
(24:53):
they buy the sugar, and they buy the eggs, and
then they go out and on the black market they'll exchange,
say the eggs for some flour or they'll sell the
eggs and then take that money that they make selling
on the black market, and then they'll go buy the
flour somewhere else. And those prices are outrageous because it's
a black market and they can get whatever they can
(25:15):
get for it. That's what's going on in Venezuela. You
know the other thing going on in Venezuela. Let's break
into the zoo and let's kill the animals and eat
the animals because we need some protein. We need some meat.
So let's kill the lions and the tigers and let's
eat them belles. Let's kill the monkeys and eat the monkeys.
Do you think I'm kidding? Go look it up. The
(25:36):
fundamental driver of price inflation is too little supply, which
is what you see going on in Venezuela right now,
and so reducing prices ultimately has to be achieved by
increasing supply. That's not to say it's never appropriate for
the government to impose industry price controls. There might be,
(26:01):
and so we need to divert some things to the
war effort. So if you're old enough to remember your
grandparents or your parents living through World War II, you
know they got ration tickets and the tickets to ration
stamps were so that whatever they were buying was in
limited supply because most of it was going to the
war effort. But that is an emergency situation. The instances
(26:28):
where price controls are ever justified are very, very limited.
We're not at war, at least we're not directly at
war right now, and right now there is a relatively
free market when it comes to food, everything from productions
to the grocery stores themselves. There is no evidence that
some new food monopoly has emerged which is responsible for
(26:52):
keeping prices high. But that's what she wants you to believe.
As I said at the beginning of this program, the
profit margins of the grocery are just like one point
two one point six percent. Do you know what the
overall profit margin is for Just if you took all industries,
all businesses in this country, those that have you know,
(27:14):
thirty five forty percent margins and those that have one
point two percent margins, and you average them all out,
what do you get? You get eight point five percent.
So if the average across the entire nation for a
profit margin is eight and a half percent, and grocery
stores are at one point two percent. This is pure propaganda.
(27:36):
This is pure politics on her part, trying to play
to play into the hands and the emotions of the
stupid people among us that don't understand economics at all.
And Republicans have got to explain how this works in
(28:00):
the market, to respond to higher prices through expanded supply.
That has always been the best and the only long
term way for societies to deal with inflation in non
monopoly sectors of the economy. In other words, something other
than like a public utility. As I said, you look
(28:22):
anywhere around the world, and particularly in Venezuela right now,
price controls stifle private sector investment that would increase supply,
and thus they fail completely to address the underlying driver
of inflation, and in fact, they make the situation much worse.
Now Trump is out with a proposal that hasn't gotten
much attention that I think needs a lot more attention.
(28:46):
That would help inflation too. But you won't hear about
this on the news. It's the weekend with Michael Brown.
Do me a favor. Text the word Micromichael of this
number three three one zero three, Tell me anything, ask
me anything, and then go follow me on Twitter at
Michael Brown, USA Trump proposal. Next, as I always do
(29:12):
every weekend, I want to thank every single one of
you for listening to the program, and some of you
have been very very kind today on the text messages.
If if you're interested in getting this program on your
local affiliate, then you should reach out to your local
affiliate and ask them to carry the program. I'd be
(29:34):
honored to be in your community. And you can always email.
You can google Premiere Radio Networks Premiere spelled p r
E m I E r E. It's different Premiere Radio Networks,
and you can always look up the affiliate relations. You
can always reach out to them too. But again, it's
(29:59):
very humble some of the things that you tell me
on the text messages, and some of you have a
very wicked sense of humor, and I appreciate and you
know that I appreciate that. So I never want to
do in this program without telling all of you how
much I appreciate you tuning in on the weekends, because
I know we have all sorts of things that we
give you doing, and yet you tune into this program,
(30:19):
and so that means a lot to me. So something
that Trump's not getting enough attention for that would affect inflation.
And that is the idea of rescinding the authorized yet
unspent money that the Biden administration and in particular Kamala
(30:41):
Harris voted for, issued or cast the tie breaking vote
to spend all this money under the Inflation Reduction Act,
the Infrastructure Act, all these acts that they passed to
spend trillions of dollars. So the way I works in
Washington is this. I actually many times tried to get
(31:03):
Congress to resend money that they'd authorized me to spend,
because just spending it for the sake of spending it
was stupid. Which is why I didn't fit in very
well in DC because I was I actually, I actually
believe in my principles, and I would go to I
would go to some of my authorizing committees. An authorizing
committee is, for example, in my situation, might be the
(31:27):
House Homeland Security Committee or the Senate Homeland Security Committee,
or it might be the House Appropriations Committee, and I
would go to them and I would say, look, you
you authorized this program program X Y Z, and you
and you appropriated let's say one billion dollars for it.
(31:49):
And I said, but we've never we haven't implemented the
program because I don't think that it's going to work
the way you think it's going to work, and we
shouldn't be doing this. And look, in particular, I would
in particular to say to the Republican members of the committees,
why don't you resind this? Why don't why don't you
tell the Office of Management and Budget, which is the
(32:10):
part of the White House that says, here's your budget
for the year, reach out to Mitch Daniels, who at
the time was the director went on to become governor
of Indiana for a while, why don't you say, why
don't you say to omb we're going to rescind this money.
Because Brown doesn't want to spend it, because he thinks
it's a waste, or he doesn't have the man power.
(32:31):
I give him all sorts of excuses, just don't spend it. Well,
Congress will pass, they'll author they'll authorize an expenditure. Then
they will appropriate that expenditure and tell the White House,
the executive branch, we've authorized the expenditure of one trillion
dollars on all these programs. Well, the dirty little secret
(32:55):
is you can't spend a trillion dollars overnight, so a
lot of that money does not get spent for a
long time. And when I say a long time, I'm
talking about years. But the problem is that expenditure is
on the books. So as long as that expenditure is
(33:17):
on the books, that trillion dollars will continue to trickle
into the private sector, into the economy. Take out the
words private sector, I mean say just the economy. That
trillion dollars will continue to trickle into the economy as
long as the bureaucrats are around to spend the money,
(33:37):
and they will do it. So one of the things
that Trump wants to do is to resend all of
that unspent money to keep it from getting into the
economy because that will help stop that will help stop
and slow down inflation immediately. Otherwise, that's just it's like
a faucet that's not turned all the way on, but
(33:59):
it's turned out halfway on, and that water coming out
of the fawcet halfway is all of this money that
has been authorized and appropriated, but it's just taking time
to spend it all. So unless they cut off that spigot,
unless they turn that faucet off, that money is going
to continue to flow into the economy and will continue
(34:19):
to feed inflation. And Trump has said, I want to
rescind that the only person I've heard talking about that
is Larry Cudlow on Fox Business. That's why I wanted
to bring it up today because I want you to
understand it. One of the things that Trump wants to do,
which is I've never heard another presidential candidate in my
(34:41):
entire life talk about this, and Trump did. So whoever's
giving him some economic advice, and maybe it's Larry Cudlow,
I don't know, but it's giving him sound economic advice.
That is unspent money that will continue to flow into
the economy, which will continue to feed inflation. And you, sir,
have the power to turn that off. And he can
(35:02):
do that on his own because while Congress has authorized
the expenditure, the person who actually spends it is the
executive branch. So he can just refuse to spend it.
He can say to his cabinet if he's elected, he
(35:23):
can say, on day one, all unspent money in the
Inflation Reduction Act, or in the Green New Deal, or
in the Infrastructure Act, any unspent money or any unobligated
money cut it off, cut it off, and I'm going
(35:43):
to notify Congress that there's a trillion dollars, one and
a half trillion dollars, two trillion dollars, whatever it is
that we are not going to spend. You talk about
sending a signal to Wall Street and to mainstream eat
that all of this money's gonna quit flowing. Inflation would
(36:05):
almost come to a halt. Now it's not gonna come
to a halt on day two. We're it's gonna start
slowing down. And then you combine that. I mean, I
know we're already in a good position in terms of
our oil production, but we could be even better because
even though oil production has increased, let's say it again,
(36:28):
pull a number out of my butt. Let's say even
though oil production is increased by a million barrels a day,
well that's great, but it could increase by two million
barrels a day. So you do those two things, increase
oil and gas production and recind that unspent money. Man,
turn this economy around in a heartbeat. So Weekend with
(36:49):
Michael Brown, thanks for tuning in. Don't forget. You can
always send me a text message day or night Monday
through Friday, anytime
Good night. Michael Brown joins me here, the former FEMA
director of talk show.
Speaker 2 (00:03):
Host Michael Brown.
Speaker 1 (00:04):
Brownie, no, Brownie, You're doing a heck of a job
the Weekend with Michael Brown. All right, you Goober's let's
wrap up this program and let's all get out of here. Okay,
but I know you're hanging on every word. Here are
the rules of engagement. I want you to follow me
on X, Facebook and Instagram. Okay. I love followers. Just
(00:25):
follow right behind me. We're gonna all go like, let
me just jump over the cliff on X or Twitter.
It's at Michael Brown USA. Got it. Go follow me
on Twitter right now at Michael Brown USA. I'm waiting,
hurry up. And on Facebook and Instagram, those are at
Michael D. Brown. So I'm going to check in a minute,
(00:48):
and you in the back of the room, get busy
and do it now. If you will send me a
text message on your message app, the numbers three three
one zero three three three one zero three. Just begin
text your question your comment with the word Mike or
Michael either one. It'll get through back to Kamala Harris
(01:10):
because now I want to talk about how what she's
doing is pure, unadulterated Marxism. In fact, it's almost to
a certain degree it's either fascism or communism. Listen to
what she had to say in that, in her her
economic speech, in her propaganda, in her kind of I
(01:37):
don't know, let's see if I can't fool these people,
uh speech, She's going to go after these evil food companies.
Speaker 2 (01:47):
As attorney general in California, I went after companies that
illegally increased crisis, including wholesalers that inflated the price of
prescription medication and companies.
Speaker 1 (02:03):
What do you mean you did that as the attorney general?
Was there some sort of collusion? You know, companies can't
get together and do what's called price fixing, like airlines,
oil and gas companies, grocery store chains, auto makers. They
(02:23):
can't all get together in a smoke filled room, whether
that be cigar smoke or happens to be marijuana, either way,
they can't all get together in a room somewhere and
collude to set prices at an artificially high level. That's
price fixing and that's illegal. Is that what she did?
I'd like to know exactly what she did, because I
(02:44):
can't find any data anywhere about her doing anything about
so called price fixing. By the way, California is also
the same state where you can steal just about anything
and not be prosecuted for it as long as it's
less than what nine and fifty dollars or something nine
hundred and fifty eight dollars. I forget, who cares what
(03:04):
the exact dollar amount is. As long as you shoplift
and it's less than whatever that amount is, nine hundred
and fifty dollars, you're good to go. Which is why
everything you now want to buy in a convenience store
or a Walgreens or a CBS is all lucked behind
you know, some sort of plexiglass that you can't get to.
(03:29):
This woman is just a bald faced.
Speaker 2 (03:30):
Liar that conspired with competitors to keep prices of electronics high.
Speaker 1 (03:37):
Oh, now that is price fixing. Show me the receipts
on that, mad and Vice President. Show me the receipts
on that.
Speaker 2 (03:45):
I won more than one billion dollars for consumers.
Speaker 1 (03:50):
You won one billion dollars for consumers. Because most of
the time when there is legal action brought because of
price fixing, there sometimes in a private situation where someone
has gone after a corporation for doing something wrong a
(04:11):
class action lawsuit. You know, you get to notice on
your email, or you might get a little letter in
the mail or a postcard that says, hey, you bought
something four years ago and we found out that there
was a defect in it or they did something wrong
in advertising or whatever, and so you're a member of
the class. And if you fill this postcard out and
(04:32):
confirm that you bought something, you're going to get a
check in the mail. I love to get those checks.
I get, on average, probably one a year, and I
save them all. You know why, kids are like either
a dollar nineteen or they're thirty eight cents, or they're
they're in exchange for something. Hey, if you go buy
(04:53):
one hundred dollars worth of X, now we'll give you
ten percent off. Well, I don't want a hundred dollars
worth of Why I just I either just toss it,
or if I actually get a check in the mail,
I just say that because to me, it's just hilarious
because then by not cashing the check, they have to
account for it. Oh that aho Michael Brown. Everage cash
(05:13):
is thirty eight cent check.
Speaker 2 (05:23):
So believe me, as president, I will go after the
bad actors tell and I will work to pass the
first ever federal ban on price gauging on.
Speaker 1 (05:41):
Food price gauging. I don't know what price gauging is.
Speaker 2 (05:46):
Let's listen to that again, past the first ever federal
ban on price gauging on.
Speaker 1 (05:51):
Food price gauging. Yeah, so that's like you, you you
gauge the price. She can't even read from the teleprompter
she passed Joe Biden, she means price gouging. But I'd
like to know what she means by price gouging, because
price gouging can mean a whole bunch of different things,
and I don't truthfully, in certain circumstances, I don't have
(06:14):
a problem with price gouging. Price gouging is pure, unadulterated capitalism.
You know, they have a rule in most states that
when there's a natural disaster, you can't price gouge. And
I've always thought that was so stupid, because by not
allowing businesses to increase the price of something, they're actually
(06:37):
limiting the supply of that something. For example, plywood, if
you can't if you can only sell plywood at the
normal price, say in a hurricane zone. Then when the
hurricane hits, or before the hurricane hits, actually people are
buying that plywood at let's just say, I don't know
(06:59):
how you price play wood. Let's just say a dollar
square foot. Well, if everybody buys plywood at a dollar
square foot, there's no incentive whatsoever for somebody to go
out and get additional plywood and haul it all the way,
say from oh, I don't know, Massachusetts down to Georgia
or Florida, because they can't make any profit on it.
(07:23):
It always bugged me too, because if, for example, there's
always a need for water in a disaster zone, and
the government will contract for suppliers to bring bottled water
to a disaster zone so that water can be given
out to victims of disasters. But I don't think it's
wrong to price gout. For example, let's say that in Houston, Texas,
(07:49):
Harris County, Texas, that a tropical storm or a hurricane
or something hits Houston. Galveston and Houston are hit by
a hurricane, and so now the government's going to bring
in supplies of water. But the government can't get those
distribution points to every single area simply because of the
(08:11):
of the logistical nightmare and the cost of doing so.
But let's say I live in Oklahoma City or I
live in Dallas, and I rent an eighteen wheeler, and
I buy up all of the bottle of water that
I can at the price that it's going for in
Dallas or Oklahoma City, and let's just say it's a
dollar a bottle. But there's a huge demand for bottled
(08:34):
water in Houston. So now I'm going to take that
one dollar bottled water that I buy in Oklahoma City
or Dallas, and I drive it. I get I rent
the eighteen wheeler, which costs money, I fill it full
of diesel, which costs a boatload of money, and then
I drive it all the way down to Harris County
all the way down let's just say no, all the
(08:54):
way down to Galveston, all the way down to Surfside,
a little town outside Galveston. But now, because there's a
demand for water there, that dollar bottle of water I'm
gonna sell for five dollars and people are willing to
pay for that because they want the water. Somebody explaining
to me, what's wrong with that, Well, Michael, that's you're
(09:16):
taking advantage of people that need the water. No, I'm not.
They're willing to pay for it. If they don't want
to pay for it, then they don't have to buy it.
I'm just offering you for sale. But they call that
price couching, or in hurt in her vernacular, price gauging,
price gauging. What's wrong with this? I'll explain next. It's
(09:41):
a Weekend with Michael Brown. Texaware, Mike or Michael to
three three one zero three, Hang tight, man, I might
go to roll. I'll be right back. Hey, welcome back
to the Weekend with Michael Brown. I'm laughing because your
text messages today are absolut hilarious. Let's see gouber number
(10:03):
forty one forty one. Michael, I remember a story at
the beginning of the pandemic where two colleague students went
to every dollar tree in location in a particular area
and about every bottle of hand sanitizer for one dollar
per bottle. Remember there was always the demand for the
super Clorox wipes. You couldn't find them anywhere, and then
Target and other places would limit you only one, only
(10:24):
one container per person or whatever. It was so stupid,
The text continues. They then offered those for sale at
three to five dollars a bottle. They were threatened by
authorities and shamed into selling all they had, all they
had bought for one dollar a bottle. Why if people
are willing to pay three to five dollars a bottle,
let them do it. Gouber number eighty one seventeen, Michael,
(10:48):
we live in Galveston. Your water story makes sense, But
just want to say we'd pay ten dollars a bottle
if you can keep Kamala from becoming president and talking
any more about price gauging a E and then ninety
six twenty two Michael. But then speaking of taking the
bottled water from Oklahoma City or Dallas to Houston, you're
(11:09):
then stuck in the disaster zone without a load to
get back to Dallas. Oh, probably not necessarily true. There
are probably a lot of people that would pay you
then if they could load their belongings and take it
somewhere to put it in storage. So then you could
convert your eighteen wheler into a moving truck, or I'm
(11:32):
gonna say it anyway, or you could become a cartel
member and you could just load your eighteen wheeler up
with the illegal aliens and just bring them back to Dallas,
bring them back to Denver, make money both ways. Oh God,
I'm just kidding. I'm just kidding. Uh Gooble Nmer ninety
two forty nine. Michael back Kamalas necklace. I told you
(11:52):
that before that, the necklace she was wearing, you can
buy it Tiffany's for a mere sixty two thousand dollars,
which seems pretty cheap to me. I mean, you would
think that her husband would buy her a decent necklace.
Come on, sixty two grand. In fact, I know at
Tiffany's you can probably get a necklace for one hundred
and sixty two thousand dollars. What kind of cheap ass
(12:13):
guy is he? Anyway? Mike about Kamala's nexless I'm thrilled.
I can't imagine ever being able to afford sixty seven
thousand dollars on a necklace. But with Kamala's adoption of equity,
I'm sure we will all come out of the same
place wearing that Tiffany golden necklace. Where's my ballot? I
want to vote now, Patty, Well, Patty, you remind me
(12:35):
that I do need to let this audience hear about
Paula's idea of equity. She made a video promoting communism
for her twenty twenty election, a video. I want you
to listen to this because it allows me to swerve
(12:56):
right into the story all about price game. We're gonna
call it price get gauging, just for the fun of it,
all about price gauging. By listening to her, this is
her in twenty twenty, probably made in twenty nineteen as
part of her campaign to become the Democrat nominee four
(13:16):
years ago.
Speaker 2 (13:18):
A big difference between a quality and equity. A quality
suggest oh, everyone should get the same amount. The problem
with that is not everybody's starting out from the same place.
So if we're all getting the same amount, but you
started out back there and I started out over here,
we can get the same amount, but you're still gonna
be that far back behind me.
Speaker 1 (13:38):
Stop and thinking about her her logic here now, So
we all start out, you know, in equal places. But
if I get more, then I get to move ahead,
but you're still back here behind because you got more,
and that's just bad.
Speaker 3 (13:56):
It's about giving people the resources of the support they
name so that.
Speaker 2 (14:01):
Everyone can be on equal and then come cheat on
equal footing. Equitable treatment as we all end up at
the same.
Speaker 1 (14:11):
Equitable treatment means we all end up at the same place. Now, well,
let me finish. It, isn't the music soothing? We're all
(14:36):
going to end an equity means that we're all going
to end up at the same place. Now I have questions,
you know I need to. I should dim the lights
in the studio and lights some candles and listen to
this again because it's so proper aganic. It's pure unadulterated
(15:03):
communism disguised as oh, we all need to end up
in the same.
Speaker 2 (15:11):
Place, and so there's a big difference between equality and equity.
Equality suggests, oh, everyone should get the same amount. The
problem with that is not everybody's starting out from the
same place. So if we're all getting the same amount,
but you started out back there and I started out
over here, we can get the same amount, but you're
still gonna be that far back behind me.
Speaker 3 (15:33):
It's about giving people the resources and the support they
need so that everyone can be on equal footing and
then compete on equal footing.
Speaker 2 (15:44):
Equitable treatment means we all end up at the.
Speaker 3 (15:47):
Same footing.
Speaker 1 (15:55):
Means that we all end up at the same place. Oh,
do you want to end up where I am? Do
you want to you want to see my bank account?
Do you want to see my financial statement? Or can
I see yours? Because I might want to end up
(16:17):
where you are, but quite frankly, I really don't care
about you. No, I wanna I want to end up
where Oh I don't know Bill Gates or Warren Buffett?
Are I think that would be equitable? So we should
all be Warren Buffett or whoever the richest man in
(16:38):
the world is right now? Is it? Is it Bill Gates?
Is it Warren Buffett? Is it Elon Musk? Who is it?
Is it the the CEO of in Vidia? I forget
his name? Who is it? Whoever that is? I want
I want to be equitable with them, So screw you.
I don't want to be equitable with you. No, even
even if you're even if if you're higher on the
(17:01):
food chain than I am, I really don't want to
be where you are. I want to be where they are.
That's pure unadulterated communism, and that's what she's advocating. So
let's let's let's assess where we are. So Republicans bitch
and moan that she doesn't say what she's going to
do as president, and then she proposed the first ever
(17:25):
federal ban on price gauging. I can't stop saying that.
Now she's she's going, she's going. She's going to do
the first ever federal ban on price gauging on food
and groceries, setting clear rules of the road to make
that make sure that big corporations can't unfairly exploit consumers
(17:47):
to run up excessive profits on food and groceries. That's
her major economic policy. Well, if your number one issue
is inflation, that's who she's talking to. But let's think
of a more accurate way to think about it. Texall
where Michael Michael three three one zero three. I'll be
right back tonight. Michael Brown joins me here, the.
Speaker 3 (18:13):
Former FEMA director of talk show host Michael Brown.
Speaker 1 (18:15):
Brownie, No, Brownie, You're doing a heck of a job
the Weekend with Michael Brown. Hey, welcome back to the
Weekend with Michael Brown. Glad to have you with me.
We're talking about price price gauging. Yeah, it's a new
it's a new term, uh spoused by Kamala Harris and
her major economic policy Hell's bell. She can't even read
from the teleprompter right. Uh here, do me a favor.
(18:37):
Another rule of engagement. On your podcast app whatever you
used to subscribe to podcasts, search for in your search bar,
search for this podcast, this Situation with Michael Brown, The
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(18:58):
Monday through Friday, plus the weekend program that's heard all
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Imagine that. Don't become suicidal. You'll enjoy it. I promise
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(19:19):
can kind of move up in the rankings and more
people will find us. So back to her idea that
she wants to engage in or put a federal ban
on price gauging. I I can't unhear that this apparently
(19:39):
is her major economic policy announcement, and it's obviously aimed
at voters who say that their number one issue is inflation.
And I would say that, you know, for me, inflation.
You know, my top three political issues for this camp,
for this election cycle indeed are inflation and immigration, and
(20:01):
I would say those are tied at number one and
number two. They flipped back and forth, and then obviously
international affairs were living in a very dangerous world. And
I don't think that these yahoos that are currently in office,
including the current Vice president, can be trusted over the
next four years to deal with the Iranians, to deal
with the Russians, to deal with the Chinese, deal with Venezuelans.
(20:23):
I just don't trust them at all on foreign policy. Remember,
she claims, and she proudly claims that she was the
last person in the room and Joe Biden made that
decision to make that horrible withdrawal from Afghanistan. They left
billions of dollars of equipment there. So for her to
(20:44):
make this policy announcement about inflation is meant to address
those who are most concerned about their pocketbooks. But I
would say that a more accurate way of describing her
proposed ban on price gouging is simply price control. And
the record of price controls throughout history is awful. I
(21:07):
actually recall, not vividly, but just as a teenager, I
recall Nixon doing this in the seventies, and I can
remember my parents talking about how they were really conflicted
about it, because, well, my parents honestly were happy because
inflation was awful. They were happy that prices at least stabilized,
But they also were worried about what was going to
(21:29):
happen afterwards. Because price controls do stop temporarily inflation. They
freeze prices. That's what price controls do. That's what Nixon
did in nineteen seventy one. Boom stop, We're gonna for
ninety days you cannot raise prices on anything. And then
(21:51):
as soon as those price controls are lifted, prices rise again.
Pent up demand basic supply it supply and demand end.
But here's the other key. Think about Think like they
would think. Think like Kamala Harris would think. If somebody
(22:11):
went to her and said, listen, Madame Vice President, if
you go through a price controls, you understand that once
you lift those prices will skyrocket?
Speaker 3 (22:24):
Do you will?
Speaker 1 (22:24):
I think she would say, then let's never lift them.
Now you have an entire federal bureaucracy that is going to.
And this is one thing that Nixon avoided. Nixon said, look,
we will have sanctions, we will have some penalties if
you do increase prices, but he vowed not to create
a giant federal bureaucracy they would impose, they would enforce
(22:48):
these price controls. So if Kamala Harris knows that once
she lifts price controls that they will skyrocket, she's so
stupid that she might actually say, well, then I'll never
I'll just freeze prices now, and then we'll just create
a government bureaucracy that we'll just control what food prices
will be or gasoline prices. Do you know who's tried that. Well,
(23:16):
we don't have to go back to Stalin, we don't
have to go back to mal We can go back
to someone called you go Chavas.
Speaker 3 (23:26):
You go.
Speaker 1 (23:26):
Charlvez was the dictator of Venezuela before he died and
Maduro took over. Now I don't i'd have to. I'm
not going to google it and look right now, but
Venezuela has been under this kind of system now for
more than a decade, price controls. Well, guess what it
(23:48):
is so bad in Venezuela that people can't get basic supplies.
They line up at grocery stores. They literally line up
at grocery stores with a list of things they need.
Let's say they need flour, sugar, and eggs. All right,
they want to bake, make some bread or something. Well,
(24:08):
they line up at the grocery store. But the grocery
store will simply tell them, well, here's all we have
available today. You want. You wanted what I say, flour, eggs?
What did I say? Sure, flour, eggs, and sugar. But
we don't have flour, eggs and sugar today. We have
cooking oil and sugar and eggs. Well, without flour, you
(24:32):
can't really do anything. So uh, that's that's what you
can buy today. And by the way, it's limited, so
we'll let Uh, there's a line of I'm just making
these numbers out of my butt. So there's one hundred
people in line. Well, we'll let ten of you in.
Will those ten go in? And what do they do?
They buy everything that they can. They buy the cooking oil,
(24:53):
they buy the sugar, and they buy the eggs, and
then they go out and on the black market they'll exchange,
say the eggs for some flour or they'll sell the
eggs and then take that money that they make selling
on the black market, and then they'll go buy the
flour somewhere else. And those prices are outrageous because it's
a black market and they can get whatever they can
(25:15):
get for it. That's what's going on in Venezuela. You
know the other thing going on in Venezuela. Let's break
into the zoo and let's kill the animals and eat
the animals because we need some protein. We need some meat.
So let's kill the lions and the tigers and let's
eat them belles. Let's kill the monkeys and eat the monkeys.
Do you think I'm kidding? Go look it up. The
(25:36):
fundamental driver of price inflation is too little supply, which
is what you see going on in Venezuela right now,
and so reducing prices ultimately has to be achieved by
increasing supply. That's not to say it's never appropriate for
the government to impose industry price controls. There might be,
(26:01):
and so we need to divert some things to the
war effort. So if you're old enough to remember your
grandparents or your parents living through World War II, you
know they got ration tickets and the tickets to ration
stamps were so that whatever they were buying was in
limited supply because most of it was going to the
war effort. But that is an emergency situation. The instances
(26:28):
where price controls are ever justified are very, very limited.
We're not at war, at least we're not directly at
war right now, and right now there is a relatively
free market when it comes to food, everything from productions
to the grocery stores themselves. There is no evidence that
some new food monopoly has emerged which is responsible for
(26:52):
keeping prices high. But that's what she wants you to believe.
As I said at the beginning of this program, the
profit margins of the grocery are just like one point
two one point six percent. Do you know what the
overall profit margin is for Just if you took all industries,
all businesses in this country, those that have you know,
(27:14):
thirty five forty percent margins and those that have one
point two percent margins, and you average them all out,
what do you get? You get eight point five percent.
So if the average across the entire nation for a
profit margin is eight and a half percent, and grocery
stores are at one point two percent. This is pure propaganda.
(27:36):
This is pure politics on her part, trying to play
to play into the hands and the emotions of the
stupid people among us that don't understand economics at all.
And Republicans have got to explain how this works in
(28:00):
the market, to respond to higher prices through expanded supply.
That has always been the best and the only long
term way for societies to deal with inflation in non
monopoly sectors of the economy. In other words, something other
than like a public utility. As I said, you look
(28:22):
anywhere around the world, and particularly in Venezuela right now,
price controls stifle private sector investment that would increase supply,
and thus they fail completely to address the underlying driver
of inflation, and in fact, they make the situation much worse.
Now Trump is out with a proposal that hasn't gotten
much attention that I think needs a lot more attention.
(28:46):
That would help inflation too. But you won't hear about
this on the news. It's the weekend with Michael Brown.
Do me a favor. Text the word Micromichael of this
number three three one zero three, Tell me anything, ask
me anything, and then go follow me on Twitter at
Michael Brown, USA Trump proposal. Next, as I always do
(29:12):
every weekend, I want to thank every single one of
you for listening to the program, and some of you
have been very very kind today on the text messages.
If if you're interested in getting this program on your
local affiliate, then you should reach out to your local
affiliate and ask them to carry the program. I'd be
(29:34):
honored to be in your community. And you can always email.
You can google Premiere Radio Networks Premiere spelled p r
E m I E r E. It's different Premiere Radio Networks,
and you can always look up the affiliate relations. You
can always reach out to them too. But again, it's
(29:59):
very humble some of the things that you tell me
on the text messages, and some of you have a
very wicked sense of humor, and I appreciate and you
know that I appreciate that. So I never want to
do in this program without telling all of you how
much I appreciate you tuning in on the weekends, because
I know we have all sorts of things that we
give you doing, and yet you tune into this program,
(30:19):
and so that means a lot to me. So something
that Trump's not getting enough attention for that would affect inflation.
And that is the idea of rescinding the authorized yet
unspent money that the Biden administration and in particular Kamala
(30:41):
Harris voted for, issued or cast the tie breaking vote
to spend all this money under the Inflation Reduction Act,
the Infrastructure Act, all these acts that they passed to
spend trillions of dollars. So the way I works in
Washington is this. I actually many times tried to get
(31:03):
Congress to resend money that they'd authorized me to spend,
because just spending it for the sake of spending it
was stupid. Which is why I didn't fit in very
well in DC because I was I actually, I actually
believe in my principles, and I would go to I
would go to some of my authorizing committees. An authorizing
committee is, for example, in my situation, might be the
(31:27):
House Homeland Security Committee or the Senate Homeland Security Committee,
or it might be the House Appropriations Committee, and I
would go to them and I would say, look, you
you authorized this program program X Y Z, and you
and you appropriated let's say one billion dollars for it.
(31:49):
And I said, but we've never we haven't implemented the
program because I don't think that it's going to work
the way you think it's going to work, and we
shouldn't be doing this. And look, in particular, I would
in particular to say to the Republican members of the committees,
why don't you resind this? Why don't why don't you
tell the Office of Management and Budget, which is the
(32:10):
part of the White House that says, here's your budget
for the year, reach out to Mitch Daniels, who at
the time was the director went on to become governor
of Indiana for a while, why don't you say, why
don't you say to omb we're going to rescind this money.
Because Brown doesn't want to spend it, because he thinks
it's a waste, or he doesn't have the man power.
(32:31):
I give him all sorts of excuses, just don't spend it. Well,
Congress will pass, they'll author they'll authorize an expenditure. Then
they will appropriate that expenditure and tell the White House,
the executive branch, we've authorized the expenditure of one trillion
dollars on all these programs. Well, the dirty little secret
(32:55):
is you can't spend a trillion dollars overnight, so a
lot of that money does not get spent for a
long time. And when I say a long time, I'm
talking about years. But the problem is that expenditure is
on the books. So as long as that expenditure is
(33:17):
on the books, that trillion dollars will continue to trickle
into the private sector, into the economy. Take out the
words private sector, I mean say just the economy. That
trillion dollars will continue to trickle into the economy as
long as the bureaucrats are around to spend the money,
(33:37):
and they will do it. So one of the things
that Trump wants to do is to resend all of
that unspent money to keep it from getting into the
economy because that will help stop that will help stop
and slow down inflation immediately. Otherwise, that's just it's like
a faucet that's not turned all the way on, but
(33:59):
it's turned out halfway on, and that water coming out
of the fawcet halfway is all of this money that
has been authorized and appropriated, but it's just taking time
to spend it all. So unless they cut off that spigot,
unless they turn that faucet off, that money is going
to continue to flow into the economy and will continue
(34:19):
to feed inflation. And Trump has said, I want to
rescind that the only person I've heard talking about that
is Larry Cudlow on Fox Business. That's why I wanted
to bring it up today because I want you to
understand it. One of the things that Trump wants to do,
which is I've never heard another presidential candidate in my
(34:41):
entire life talk about this, and Trump did. So whoever's
giving him some economic advice, and maybe it's Larry Cudlow,
I don't know, but it's giving him sound economic advice.
That is unspent money that will continue to flow into
the economy, which will continue to feed inflation. And you, sir,
have the power to turn that off. And he can
(35:02):
do that on his own because while Congress has authorized
the expenditure, the person who actually spends it is the
executive branch. So he can just refuse to spend it.
He can say to his cabinet if he's elected, he
(35:23):
can say, on day one, all unspent money in the
Inflation Reduction Act, or in the Green New Deal, or
in the Infrastructure Act, any unspent money or any unobligated
money cut it off, cut it off, and I'm going
(35:43):
to notify Congress that there's a trillion dollars, one and
a half trillion dollars, two trillion dollars, whatever it is
that we are not going to spend. You talk about
sending a signal to Wall Street and to mainstream eat
that all of this money's gonna quit flowing. Inflation would
(36:05):
almost come to a halt. Now it's not gonna come
to a halt on day two. We're it's gonna start
slowing down. And then you combine that. I mean, I
know we're already in a good position in terms of
our oil production, but we could be even better because
even though oil production has increased, let's say it again,
(36:28):
pull a number out of my butt. Let's say even
though oil production is increased by a million barrels a day,
well that's great, but it could increase by two million
barrels a day. So you do those two things, increase
oil and gas production and recind that unspent money. Man,
turn this economy around in a heartbeat. So Weekend with
(36:49):
Michael Brown, thanks for tuning in. Don't forget. You can
always send me a text message day or night Monday
through Friday, anytime
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