November 15, 2025 • 33 mins
People are wondering, is MAGA dead? In Part One, we discuss the shocking Laura Ingraham interview of President Trump, and debunk one of the biggest myths about the tuition paid by international students attending American universities. We are the only people talking about this massive hoax. Note: Some adult language.
Powered by Lear Capital (800-480-1100)
Support the show: https://redpilledamerica.com/support/
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
This is Red Pilled America. Hey, it's Patrick Carrelci.
Speaker 2 (00:09):
And I'm Adriana Cortez and welcome to Red Pilled Americas
and boogie.
Speaker 1 (00:32):
Happy Week, everybody, Happy November. This is Patrick Kielchi.
Speaker 3 (00:37):
Oh it's a ki today, Yes.
Speaker 1 (00:39):
With my wife Adriana Cortes. This is Red Pilled America's famboogie.
Join the fanbam. You know we've been here for seven years.
This is the seven year anniversary this month of Red
Pilled America. Join the fan Bam. Go to Red Pilled
America dot com click join in the top menu. And yeah,
(01:00):
we need you guys, support storytelling the land with your values.
I hope you guys have checked out. Are Part three
of the Internet Dad from Scott Adams. We've got to
retweet from Scott Adams. Thank you, my friend. Check that out.
We're gonna be having Part four installation next week, so
keep an eye out for that as well. And also
do not forget about Adriana Jade's Instagram. That's me, especially
(01:26):
now that we're coming into the Christmas season. And I
did say Christmas. I didn't say Holidays.
Speaker 3 (01:31):
Oh my goodness, I know.
Speaker 2 (01:32):
And by the way I'm putting together, so many fun
holiday gift guides for him, for her, for teenagers. Yeah,
it's been a blast. I'm loving it. I'm having so
much fun with this community of midlife women.
Speaker 1 (01:48):
It's Adriana Underscore Jade over at Instagram. So check that out.
Speaker 3 (01:52):
It's Adriana with a why by the way.
Speaker 1 (01:54):
Yes, and you're so original.
Speaker 3 (01:56):
I really am. I'm the original ginks.
Speaker 1 (02:02):
Okay, that's why I'm her. So we are going we're
talking about is Maga dead?
Speaker 2 (02:08):
Oh, this is going to be a controversial one because
buckle in.
Speaker 1 (02:13):
This is the talk right now on social media right now,
it's being pushed pretty heavily that Maga is dead. I
saw this collage of all the people saying that Maga
is dead. It's all over the place, and these are
some pretty big accounts saying this is Maga dead. Let's
talk about that for a second. I will say this.
(02:35):
Trump's approval right now is definitely collapsing. I think there's
a minus twelve point three percent differential between those that
approve and those that disapprove. And I think that's pretty,
you know, not a good sign for President Trump. I
think if you're to really.
Speaker 2 (02:54):
Look at I don't like the way that that number
is being positioned. By the way, why because it just
makes it sound really really bad.
Speaker 1 (03:02):
Well, let's look at that number. It's basically put out
by real Clear Politics.
Speaker 3 (03:07):
And I don't trust them one bit.
Speaker 1 (03:09):
You're wrong on that.
Speaker 3 (03:10):
They're probably I don't trust them one bit.
Speaker 1 (03:12):
They're probably one of the most trustworthy sites in regards
to polling and that kind of thing. A forty two
point four percent approve and fifty four point seven percent disapprove.
That's a difference of minus twelve point three percent. And
they they do like a you know, a collection of
all the polling out there and then take an average.
(03:33):
That's kind of how they usually roll, at least with
the election polling. But so I think that there's some
evidence out there. You're also seeing it with a lot
of influencers right now. There's a lot of chimping going
on against Trump. Chimping is like, you know, activists getting
mad and yelling at him doesn't necessarily mean that they're
you know, they've turned on him, But chimping is something
(03:54):
that you should do when your president talks about things
like DACA, which I remember that in his first term
he was praising DACA and saying that he was going
to give DACA and we all chimped out on.
Speaker 3 (04:04):
That, and oh I did. I actually did, very very vocally.
Do you remember that.
Speaker 1 (04:10):
Of course, I've actually lost some friends from that because, oh,
you know what I lost friends on is when they
backed down from the fight to include illegal immigrants, to
not include illegal immigrants on the census.
Speaker 3 (04:24):
Yeah, that was a big one.
Speaker 1 (04:25):
And I chimped out on that, and I lost some
friends telling me to oh, he's not doing that, he's
not backing out, you know, trust the plan kind of
a thing.
Speaker 3 (04:34):
I lost many of friends and many of family members
as well. By the way, you.
Speaker 1 (04:38):
Got a chimp when when the time is right. And
I think that there's been a lot of chimping on
Laura Ingram's interview of Donald Trump. I think this is
kind of the straw that broke the camel's back. She
started basically asking him questions about H one B and
asking him questions about, you know, his proposal to have
(05:00):
six hundred thousand Chinese students at American institutions. And I'm
going to say this, I think it's one of the
worst of Trump's political career, worst interview of his political career.
Speaker 2 (05:12):
My gosh, I could not agree more. That was a
very hostile interview. I have to say I got to
give props to Laura Ingram. Everybody knows how much I
love Trumpy Bear, but she did a phenomenal job. She
did not back down, and she really brought up some
issues that I think are really important to a lot
of us. And I thought that Trump faltered.
Speaker 3 (05:33):
I did.
Speaker 1 (05:33):
I want to go through that interview because there's some
I think there's this first thing, this first aspect of
this interview. I think we are literally the only ones
talking about this. I've been talking about this now for
at least a year, and it's not something that I've
seen anybody else talk about. And anytime I do talk
about it on social media, I get a long list
(05:55):
of people trying to debunk me. It's in regards to
this idea that international students pay so much more than
American students. I want to play this clip for you.
This is Laura ingham Is basically questioning Trump on his
proposal or his desire to have six hundred thousand Chinese
(06:15):
students at Americans at American universities. And this was the exchange.
Speaker 4 (06:21):
A lot of.
Speaker 5 (06:21):
Maga folks are not thrilled about this idea of hundreds
of thousands of foreign students in the United States. We
have about three hundred and fifty thousand Chinese. One point
during COVID you were going to you know, push to
get them out, but that was pulled back. You've said
as many as six hundred thousand Chinese students could come
to the United States. Why, sir, is that a pro
(06:42):
maga position when so many American kids want to go
to school and there are places not for them, and
these universities are getting rich off Chinese money.
Speaker 6 (06:51):
Sure, never said about China, but we do have a
lot of people coming in from China. We always have
China and other countries. We also have a massive system
of colleges and universities. And if we were to cut
that in half, which perhaps makes some people happy, you
would have half the colleges in the United.
Speaker 4 (07:09):
States school out of business. Well, I think that's a
big deal. You would have the States, Yeah, but you.
Speaker 6 (07:16):
Would have as you know, historically, black colleges and universities
would all be out of business. That you would have
a system of colleges and universities.
Speaker 1 (07:30):
Okay, I got to stop it. There for a second.
I got to say something, when was has the Chinese
international students impacted HBCUs historic historically black colleges. I mean
those are literally colleges for African American people. How is
that directly related to Chinese international students.
Speaker 2 (07:49):
It's like he had a brain fart and he thought
he was talking to CNN. Yeah, they were going to care.
Speaker 1 (07:54):
He was trying to virtue signal there.
Speaker 3 (07:56):
One hundred percent. That was so disturbing.
Speaker 1 (07:59):
That's go on.
Speaker 6 (08:00):
But I think it's good to have. I actually think
it's good to have outside countries. Look, I want to
be able to get along with the way.
Speaker 5 (08:07):
We're not the French, they're the Chinese. They spy on us,
they steal our intellectual problems.
Speaker 4 (08:10):
Why do you think the French are better?
Speaker 1 (08:12):
Yeah?
Speaker 4 (08:13):
Really, I'll tell you, Yeah, I'm not so sure.
Speaker 6 (08:15):
We've had a lot of problems with the French where
we get taxed very unfairly on our technology, where you know,
they put twenty five percent taxes on American products. Look,
assuming everyone treats us badly, because that's the way I am,
But we take in trillions of dollars from students. You know,
the students pay more than double when they come in
(08:36):
from most foreign countries.
Speaker 1 (08:38):
That's not true, and that's what I want to get
to in a second. But that is a false claim.
And I think this is one of those weapons or
shields that people use in this debate, claiming that international
students pay in this case where he said sometimes double,
what the intuition is, that's not true.
Speaker 6 (08:58):
I want to see our school system thrive, but at
the same time I want to I know you and
I disagree.
Speaker 4 (09:03):
You're never going to agree on but that's okay. And
it's not that I want them, but I view it
as a business.
Speaker 6 (09:08):
You don't want to cut half of the people, half
of the students from all over the world that are
coming into our country, destroy our entire university and college system.
I don't want to do that. And don't forget Mega
was my idea. Maga was nobody else's idea. I know
what Mega wants better than anybody else, and MAGA wants
to see our country thrive.
Speaker 3 (09:28):
Well, I don't like the way he said that.
Speaker 1 (09:30):
I don't want it. I don't like it.
Speaker 2 (09:32):
He knows what MAGA wants. He created MAGA, so he's
the end. I'll say, Oh, I don't.
Speaker 3 (09:36):
Think so well.
Speaker 1 (09:37):
I mean, if we're going to get technical here, Reagan
was the first to use make America great Again. Yeah,
he might have created an acronym of it, but ultimately
he's following the will of the people. And for him
to basically claim that he's the final say on what
MAGA wants, he's wrong on that, and he's wrong on
this issue, horribly wrong. I want to take a little
(09:59):
bit of a side note here. I want to talk
a little bit about his claim that foreign students paid
double at our universities. You know, we've been going through
this process recently looking at universities, and we've looked at,
you know, all of the reputable universities within the United States.
We have a daughter that's getting ready to go off
(10:19):
to college.
Speaker 2 (10:20):
Yeah, our daughter is a senior currently in high school
and she'll be going to college next year.
Speaker 1 (10:23):
So we have been really digging into this topic. And
now there's this thing that a lot of people don't
know about that universities publish. It's called common Data, and
it is a form that universities fill out, all the
reputable universities fill out that gives information like demographics, how
(10:44):
many people submitted applications, how many were accepted, how many
were foreign students, what financial aid was given to these people,
how many people ask for financial aid, how many people
were given financial aid, that kind of information, and it's
a standard form that each one of these universities fill
out and then publish to the public. It's usually like
(11:06):
a year or sometimes two years delayed, so you're kind
of seeing data from a year or two years ago,
but it is handled or published by all of the
reputable colleges. And when you start to look at this data,
you start to see this hoax story that international students
(11:27):
pay double what American students. You start to see that
play out as being completely a hoax and completely false.
I want to give you, guys one example, and there
are many. I've looked at many of these colleges, and
every one of the colleges that I have looked at,
this has been the trend. For example, Yale. Yale published
most recently, they're twenty twenty four common Data. You can
(11:50):
google this, go onto Google type and Yale twenty twenty
four Common Data, and you will find this published pdf
answering all of these questions. And if you want to
look at international students, you look at the non resident.
This is how common data describes non resident, a person
who is not a citizen or national of the United
(12:11):
States and who is in this country on a student
visa or temporary basis and does not have the right
to remain indefinitely. Non resident does not include DAKA or
undocumented people in the United States. Okay, so this is
just people that are international students that have nationality or
have citizenship outside of the country and they need some
(12:33):
kind of a visa to get into this country. At Yale,
there are seven hundred and fifty four international these foreign students.
This is for undergraduates, seven hundred and fifty four non
resident alien undergraduates. When you look at that and you
compare it to the American citizens, you see that there
(12:55):
are approximately six seven hundred and fifty two undergraduates at Yale.
So that makes about eleven one percent of Yale undergraduates
as non citizens, as international.
Speaker 3 (13:07):
Students, and that does not include DACA.
Speaker 1 (13:10):
So, now if you look at the number, it publishes
how many of these students receive financial aid. Of those students,
four hundred and eighty nine are given financial aid. That
is sixty five percent of Yale's foreign students undergraduates receive
financial aid that once again does not even include DACA.
(13:33):
If you included DACA, that number would tick up quite
a bit, I'm sure, because there's about eleven hundred or
so Latinos and Hispanics, and most of the DACA people
are Latino in Hispanic. From that number, the average of
the four hundred and eighty nine students that come to
that are foreign students undergraduate students at Yale. How much
(13:56):
do you think that they get in financial aid? They
get almost eighty four thousand dollars a year. That's the
average for those students. What about American students? Okay, So
to get the American students from the number that they publish,
you have to subtract out the international students and you
find out that there are twenty eight hundred, approximately twenty
(14:19):
eight hundred non foreign students, and that once again that
includes DACA. Okay, these are residents of the United States.
There's twenty eight hundred students that receive financial aid. Twenty
eight hundred students that receive financial aid that are American
residents at Yale. The percentage of those that receive financial
(14:39):
aid is forty one and a half percent. That's compared
to the international students, like sixty five percent receive financial aid,
forty one point five percent for American residents, sixty five
percent for foreign students. Okay, that's a big difference. And
what is the average financial aid that goes to those
American residents Approximately seventy four thousand dollars. That's almost a
(15:05):
ten thousand dollars difference between foreign students and American residents.
Speaker 2 (15:12):
And by the way, fambam, this is just Yale, but
it's similar at other colleges.
Speaker 1 (15:16):
Yes, so this is this fake meme that has been
out there now for decades. But it is very clear
the data that is published by the colleges. This isn't
some news report, This isn't CNN, this isn't some far
right conservative media outlet. This is data published by these
(15:37):
liberal colleges. Okay, this is published by Yale. They fill
out the form and they publish it, and this is
the data that they are putting out there, and they
aren't secret about it. If you go onto Yale's website,
it will tell you that they provide financial aid to
foreign students at the same rate and at the same
with under the same criteria that they do for American citizens.
(16:00):
This is what infuriates Americans. This is why somebody like
Nick Fuentis has become popular, is because you have the
President of the United States, who I've been a supporter
of and I still am supporter of, and I've adored for,
you know, decades now, putting out this kind of information
and it's kind of just gaslighting the public either. And
(16:22):
I'm sure he doesn't know about this particular meme because
that's how strong this meme is out there, but he should.
He's making the argument on national television. He's on Laura
Ingram show making the argument as to why six hundred
thousand Chinese immigrants should be able to or Chinese citizens
should be in the United States. You know how many
(16:44):
American citizens are in Chinese universities? Under nine hundred. Okay,
there's currently, according to Fox News, three hundred and fifty
thousand Chinese students in American universities. There is under nine
hundred in Chinese universities. Okay, So there's a complete flip there.
(17:07):
These people are going into our research facilities, they are
members of the CCP. Because the ones that are paying
full price are paying like one hundred grand to have
their kids at these schools. Only people that can afford
those are elites, and those elites are part members of
the CCP, are connected to the CCP. So he's just
thinking about this in the form of a business. This
(17:31):
is not a business. These are American institutions. These people
are taking the spaces of American citizens. Eleven percent of
the spaces are being taken by foreign students that aren't
even paying, that are getting financial aid. How is that America?
Speaker 3 (17:47):
First, it's not, it's not. This is so upsetting on
so many levels.
Speaker 2 (17:52):
Obviously for obvious reasons, it's upsetting, but also I feel like, now.
Speaker 3 (17:57):
We're not going to get invited to the White House.
Speaker 1 (18:02):
You can chimp on on the president and still get
invited to the White House. If that's if he has
that kind of a thin scan, then oh well, so
you know, And this is just the beginning of this
catastrophic interview. Okay, there's plenty more in this in this
interview that needs to be addressed, and we'll get to
that right after the break. But first, history shows that
every market eventually falls, every currency collapses, and today the
(18:25):
US dollar is hanging by a thread trillions in national debt.
Record high markets defind gravity, but stocks can't go up forever. Meanwhile,
your groceries, housing, and transportation costs are all going up,
and your dollar it's buying less every single day. So
when the system breaks, when the crash hits, your stocks
won't save you and your dollars won't either, But one
(18:46):
thing will. Gold. Gold has always survived a collapse. That's
why central banks are buying gold by the ton, billionaires
are stalking up, and everyday Americans are protecting their savings
in retirement with physical gold before the next shoe drops.
Don't wait for headlines when the panic sets in it's
too late. Call Lear Capital now at eight hundred four
(19:08):
to eight zero one one zero zero to get your
free twenty twenty five gold investment kit and protect your
wealth if the system breaks with real physical gold. With
over three billion dollars in transactions and thousands of five
star reviews, Lear is your leading source. Call now and
get up to fifteen thousand dollars in bonus gold with
(19:29):
a qualified purchase. Call eight hundred four to eight zero
one one zero zero. That's eight hundred four to eight
zero one one zero zero. Keep in mind that any
investment has a certain amount of risk associated with it,
and you should only invest if you can afford to
bear the risk of loss. Before making investment decisions, you
should carefully consider and review all risks involved. You're listening
(19:54):
to Red Pilled America's fambuggy Join the fambam. Go to
Red Pilled America dot com and click join in the
top menu. You've been here seven years. You listen to
us all the time. We need you support, guys, We.
Speaker 3 (20:06):
Really do need your support. You guys. Support what you
love or it goes away.
Speaker 1 (20:11):
Yeah, you know. And because what we're learning here is
that we've seen so many of these independent journalists or
these independent media figures that are willing to let's say,
you know, morph the truth to their audience because it
feeds the beast.
Speaker 3 (20:28):
Yeah, it does. I'm going to say, truth telling is
not lucrative.
Speaker 1 (20:31):
It's not lucrative. So, and you know, there's others that
are out there that are devoted to the truth and
devoted to honesty. Support independent journalism and independent storytelling. Let's
go on with this interview, this colossal, catastrophic interview that
Trump had with Laura Ingram. Some of it was not so,
(20:53):
you know, it was kind and it was kind of
like nice back and forth. And Laura is very skilled
at doing an interview like this. She starts off with
kind of like the softball questions, and as the interview progressed,
she got more and more kind of to the to
the core issues that Maga is concerned about right now.
One of these moments was about the economy. And this
(21:15):
is the question.
Speaker 5 (21:17):
The economy was listed as a top concern. I know,
you know this for voters in New Jersey, New York, Virginia.
And I've been all over the affordable affordability issue today
and for the last several months. Eggs, gas, a dinner
cost for Thanksgiving way down, but other things that you
noted have gone up, beef coffee. Is this a voter
(21:38):
perception issue of the economy or is there more that
needs to be done by Republicans on Capitol.
Speaker 6 (21:44):
Hill or done in terms of policy more than anything
else in Sekonjab by the Democrats.
Speaker 4 (21:50):
They're saying, they just have to say, you know.
Speaker 6 (21:52):
They put out something say today, cross her up. They
feed it to the anchors of ABC, CBS and NBC
and a lot of other you know, CNN, et cetera.
Speaker 4 (22:02):
And it's like a standard.
Speaker 6 (22:03):
I'll never forget the head or use the word like manufactured.
Do you remember the word manufacture. It's a manufactured economy.
Nobody uses that word. Every anchor broke through manufactured. They
do exactly what they say. It's such a rig system.
So are you ready? Costs the way down? Gasoline is
going to be hitting two dollars pretty soon, or around
two dollars.
Speaker 4 (22:24):
Gasoline is at two.
Speaker 6 (22:25):
Seventy now, and it was at four point fifty under
Biden on the Sleepy Joe. When gasoline comes down, when
energy comes down, and everybody who has energy's down, were drilled.
You know, Drill, baby, drill, We're going like wild.
Speaker 1 (22:37):
So he deflects there a little bit at the very
beginning and starts to kind of and this is kind
of I've seen many the mo of conservative politicians or
Republican politicians when it comes to dealing with hard questions,
and he kind of diverts it to the fake news
and look at how they manufacture all of this kind
of information that is out there and what have you.
(22:58):
And then he goes into the line that costs our
way down. And I think that that is just something
that is I think he's out of touch with that
kind of a comment. I don't think you can speak
to any Americans that are kind of the salt of
the earth, Americans that basically are the mainstream of Americans
(23:19):
out there, that will tell you that costs are down.
You cannot get into a house in most urban areas
or even suburban areas for anything of a reasonable price.
Housing prices have skyrocketed. The cost of food has skyrocketed.
Try to go out to dinner with your family too,
not even an expensive restaurant, just to run of the
(23:41):
mill restaurant, and it's an arm and a leg. Prices
have not come down. And I think that Trump what
he is really He's made a lot of mistakes in
this regard when it comes to the economy because he's
a hype man. He's like one of those hip hop
hype man guys. I get it. Is something that I've
always kind of liked about him, is kind of that
power of positive thinking. But there there was some narrative
(24:04):
shaping that should have happened at the very beginning of
this presidency that he did not do. I think the
Democrats are much better at narrative forming. Remember going back
to two thousand and eight when Obama was coming into
the White House, and the narrative that was built by
the left leaning Menia and by Obama himself how horrible
(24:26):
the economy was. It was horrible, It was on the
brink of collapse, and he was going to need to
do some things to fix the economy. He was going
to need to make some big, bold spins to fix
the economy. And then he gets through Congress this enormous bill,
and then he takes that budget and he puts it
onto all of his pet projects. I've seen Trump around
(24:48):
the December time frame after he was elected kind of
at times when the stock market would go up, he
would basically attribute that to his election. And I understand
the the idea of hyping things and hyping positive information,
but every time that you now, now you've tied yourself
(25:10):
to the stock market, and if there is a crash,
now you are tied to that stock market instead, I
think that he should have came in with this kind
of dire message and that it was going to be
a long haul before this economy got turned around. Because
the numbers that the Biden administration had been faking. They've
been faking it for four years. You saw that in
(25:31):
the labor numbers. Every time they would issue labor numbers
and it would be you know, this huge job growth,
and then they would adjust it the next time around
and the numbers would come down to basically zero. And
that was something that was happening time and time and
time again. There's the fudging of the inflation numbers. They're
using different kinds of calculations to publish the inflation numbers
(25:51):
and different metrics to gauge inflation. And so we so
Trump comes into this economy that it was really kind
of crippled and run on fumes, and it should have
been positioned in that way and just constantly pushed that
way instead of kind of this hype cycle that Trump
(26:14):
kind of gets into.
Speaker 2 (26:15):
Yeah, I think Obama was better at this kind of messaging. Uh,
you know, when he came into his two thousand and
eight presidency, set the expectations low. Trump sets the expectations high. Yes,
and it's it's it's his nature. And I think that
that works for him in most cases, but I think
here it's hurt him.
Speaker 1 (26:36):
He goes on, he talked about this fifty year mortgage
that the White House was floating around.
Speaker 5 (26:42):
Housing costs are still out of reach, and another thing
that your administration is trying to tackle. Many Americans the
average age of first time home buyers are now up
to age forty, which is sad the country you and.
Speaker 4 (26:54):
I inherited that. Look, you have to understand, right, But
how's we get to the.
Speaker 5 (26:57):
Quinn question though, because your your housing director has proposed
something that has enraged your bagafrans, which is this fifty
year mortgage idea, so a significant MAGA backlash, calling it
a giveaway to the banks and simply prolonging the time
it would take for Americans to own a home. Outright,
is that really a good idea?
Speaker 6 (27:18):
It's not even a big deal. I mean, you know,
you go from forty to fifty years, and whatever is
you pay, you pay something less from thirty. That some
people had a forty and then now they have a fifty.
All it means is you pay less per month you
paid over a longer period of time.
Speaker 4 (27:32):
It's not like a big factor.
Speaker 6 (27:34):
It might help a little bit, but the problem was
that Biden did this. He increased the interest rates, and
I have a lousy fed person who's going to be
gone in a few months. Fortunately, I have a guy
too late, you know.
Speaker 4 (27:45):
Jerome Powell. We call him too late. He was too
late and everything.
Speaker 6 (27:48):
Except when it came to before, you know, the Democrat
so called Democrat election, which didn't work.
Speaker 4 (27:54):
But we're going to get interest rates then.
Speaker 6 (27:56):
But even with interest rates up, the economy is the
strongest it's ever been.
Speaker 1 (28:01):
Okay, again, kind of poor messaging, and I think jd.
Vance has been much better about the messaging on this,
talking about affordability and how he understands why the youth
are so angry that they can't buy homes and start families.
Trump is missing the boat on this, and he's also
(28:22):
you know, it isn't just a small thing for this
fifty year mortgage. There is and I've seen some people
argue this point on both sides. Yes, it will make
things a little bit more affordable from a monthly standpoint,
is the argument that's out there. And you can get
into certain houses for like say two or three hundred
dollars less a month, but it ends up doubling nearly
(28:43):
the interest that you pay over the life of the loan.
No one's going to hold that loan for fifty years,
but it substantially increases the interest paid on the loan.
Now people will say, okay, well the housing is going
to appreciate, so they'll make money on that appreciation. But
it completely takes away the examples that are out there
other countries that have tried this, like Japan. Japan tried
(29:07):
to do this and did do this. They created a
fifty year and even one hundred year mortgage.
Speaker 3 (29:13):
And this was in the nineteen eighties.
Speaker 1 (29:15):
Yes, and Tokyo land prices tripled in less than ten years.
There's other factors that were going on here, but one
plot of land in Tokyo became more expensive than California.
It's going to increase the prices of houses, which would
make them less affordable, which would make your monthly payments
less affordable. By creating something like this, because what you're
(29:38):
basically doing is is you're increasing demand without increasing the supply. Necessarily,
you're basically bringing in people that probably shouldn't be buying
a home because they can't afford it, but they're coming
in because of the two hundred or three hundred dollars
a month saving that they're getting. It is ultimately, though,
when you provide more loans, the price of that thing
(30:00):
that you are providing the loan for goes up. Look
at college expenses when I went to school. When my
first college tuition, I want to say, it was like
three hundred and fifteen dollars the semester. That increased by
the time I graduated, but I think it increased to
maybe like eight hundred dollars something along those lines.
Speaker 2 (30:21):
When I went it was twelve hundred dollars, Okay, but
now that was a big increase at the time. That
was considered just out of astronomical, out of this world
that that.
Speaker 1 (30:30):
Had happened by the time that I graduated, When it
got up to like the eight hundred timeframe, the eight
hundred dollars per semester, yeah, that was an enormous amount
of money to Meah, And now consider what these kids
are doing. They're having to basically put out loans that
are are half of the cost of a house in
some suburban areas. And the reason for that is because
(30:51):
student loans were offered out there liberally to anybody that
would take them, and then they took away the ability
to claim bankruptcy to those loans, so you are basically
tied to that loan, no matter what, that is what
drove up the tuition costs. Okay, so by providing these
kinds of loans to people, all it's going to do
(31:12):
is drive up the prices. It's not going to bring
down the prices. And that's what needs to happen. The
prices need to come down. So he goes on from there.
Laura asks him about more about the economy, and she
provides some public polling about the economy, and this was
his response.
Speaker 5 (31:29):
Then, why are people saying they're anxious about the economy.
Why are they saying that?
Speaker 6 (31:32):
I don't know that they are said, I think polls
are fake. We have the greatest economy we've ever had.
Speaker 1 (31:38):
I don't see how he could continue to say that,
given the housing prices and given the inflation, and given
the job outlook for some of these college students. I
just don't know who is advising him on this or well, you.
Speaker 2 (31:51):
Know, he's thinking about that famous New York Times I
think it was a New York Times poll where you know,
Hillary Clinton was predicted to win by ninety four percent
and he ended up winning.
Speaker 1 (32:02):
Well, but it's it's very easy to kind of lean
back on that and I think this is where he
is getting rusty, I think, and this is where he
surrounded himself with probably yes, people, you need to and
this interview in that respect was good. He's getting a
little bit of a reality pushback from someone like Laura Ingram,
who is not She's a friendly interview. Okay, so this
(32:23):
is not something that he's not getting pushed on by,
let's say, a Jake Tapper or something like that, which
is why he should be taking these things that she's
saying a little bit more seriously and atit with a
little bit more. He should look at this statements that
she's making with a little bit more credibility. But ultimately,
if he continues to gaslight the public like this, this
is why you're seeing this enormous backlash against him right now.
(32:47):
If you've spent any time on social media, some of
Trump's most stalwart supporters are going at him on all
of these topics. And one that they are going on
him in a big way is this H one B
topic and the this message that is going out there
that H one B that America needs these H one
(33:08):
B visa workers, and we're going to get into that.
I want to dig deeper into that. We're going to
do that in Part two. Join us over there right now,
This is Red Pilled America. Hey, it's Patrick Carrelci.
Speaker 2 (00:09):
And I'm Adriana Cortez and welcome to Red Pilled Americas
and boogie.
Speaker 1 (00:32):
Happy Week, everybody, Happy November. This is Patrick Kielchi.
Speaker 3 (00:37):
Oh it's a ki today, Yes.
Speaker 1 (00:39):
With my wife Adriana Cortes. This is Red Pilled America's famboogie.
Join the fanbam. You know we've been here for seven years.
This is the seven year anniversary this month of Red
Pilled America. Join the fan Bam. Go to Red Pilled
America dot com click join in the top menu. And yeah,
(01:00):
we need you guys, support storytelling the land with your values.
I hope you guys have checked out. Are Part three
of the Internet Dad from Scott Adams. We've got to
retweet from Scott Adams. Thank you, my friend. Check that out.
We're gonna be having Part four installation next week, so
keep an eye out for that as well. And also
do not forget about Adriana Jade's Instagram. That's me, especially
(01:26):
now that we're coming into the Christmas season. And I
did say Christmas. I didn't say Holidays.
Speaker 3 (01:31):
Oh my goodness, I know.
Speaker 2 (01:32):
And by the way I'm putting together, so many fun
holiday gift guides for him, for her, for teenagers. Yeah,
it's been a blast. I'm loving it. I'm having so
much fun with this community of midlife women.
Speaker 1 (01:48):
It's Adriana Underscore Jade over at Instagram. So check that out.
Speaker 3 (01:52):
It's Adriana with a why by the way.
Speaker 1 (01:54):
Yes, and you're so original.
Speaker 3 (01:56):
I really am. I'm the original ginks.
Speaker 1 (02:02):
Okay, that's why I'm her. So we are going we're
talking about is Maga dead?
Speaker 2 (02:08):
Oh, this is going to be a controversial one because
buckle in.
Speaker 1 (02:13):
This is the talk right now on social media right now,
it's being pushed pretty heavily that Maga is dead. I
saw this collage of all the people saying that Maga
is dead. It's all over the place, and these are
some pretty big accounts saying this is Maga dead. Let's
talk about that for a second. I will say this.
(02:35):
Trump's approval right now is definitely collapsing. I think there's
a minus twelve point three percent differential between those that
approve and those that disapprove. And I think that's pretty,
you know, not a good sign for President Trump. I
think if you're to really.
Speaker 2 (02:54):
Look at I don't like the way that that number
is being positioned. By the way, why because it just
makes it sound really really bad.
Speaker 1 (03:02):
Well, let's look at that number. It's basically put out
by real Clear Politics.
Speaker 3 (03:07):
And I don't trust them one bit.
Speaker 1 (03:09):
You're wrong on that.
Speaker 3 (03:10):
They're probably I don't trust them one bit.
Speaker 1 (03:12):
They're probably one of the most trustworthy sites in regards
to polling and that kind of thing. A forty two
point four percent approve and fifty four point seven percent disapprove.
That's a difference of minus twelve point three percent. And
they they do like a you know, a collection of
all the polling out there and then take an average.
(03:33):
That's kind of how they usually roll, at least with
the election polling. But so I think that there's some
evidence out there. You're also seeing it with a lot
of influencers right now. There's a lot of chimping going
on against Trump. Chimping is like, you know, activists getting
mad and yelling at him doesn't necessarily mean that they're
you know, they've turned on him, But chimping is something
(03:54):
that you should do when your president talks about things
like DACA, which I remember that in his first term
he was praising DACA and saying that he was going
to give DACA and we all chimped out on.
Speaker 3 (04:04):
That, and oh I did. I actually did, very very vocally.
Do you remember that.
Speaker 1 (04:10):
Of course, I've actually lost some friends from that because, oh,
you know what I lost friends on is when they
backed down from the fight to include illegal immigrants, to
not include illegal immigrants on the census.
Speaker 3 (04:24):
Yeah, that was a big one.
Speaker 1 (04:25):
And I chimped out on that, and I lost some
friends telling me to oh, he's not doing that, he's
not backing out, you know, trust the plan kind of
a thing.
Speaker 3 (04:34):
I lost many of friends and many of family members
as well. By the way, you.
Speaker 1 (04:38):
Got a chimp when when the time is right. And
I think that there's been a lot of chimping on
Laura Ingram's interview of Donald Trump. I think this is
kind of the straw that broke the camel's back. She
started basically asking him questions about H one B and
asking him questions about, you know, his proposal to have
(05:00):
six hundred thousand Chinese students at American institutions. And I'm
going to say this, I think it's one of the
worst of Trump's political career, worst interview of his political career.
Speaker 2 (05:12):
My gosh, I could not agree more. That was a
very hostile interview. I have to say I got to
give props to Laura Ingram. Everybody knows how much I
love Trumpy Bear, but she did a phenomenal job. She
did not back down, and she really brought up some
issues that I think are really important to a lot
of us. And I thought that Trump faltered.
Speaker 3 (05:33):
I did.
Speaker 1 (05:33):
I want to go through that interview because there's some
I think there's this first thing, this first aspect of
this interview. I think we are literally the only ones
talking about this. I've been talking about this now for
at least a year, and it's not something that I've
seen anybody else talk about. And anytime I do talk
about it on social media, I get a long list
(05:55):
of people trying to debunk me. It's in regards to
this idea that international students pay so much more than
American students. I want to play this clip for you.
This is Laura ingham Is basically questioning Trump on his
proposal or his desire to have six hundred thousand Chinese
(06:15):
students at Americans at American universities. And this was the exchange.
Speaker 4 (06:21):
A lot of.
Speaker 5 (06:21):
Maga folks are not thrilled about this idea of hundreds
of thousands of foreign students in the United States. We
have about three hundred and fifty thousand Chinese. One point
during COVID you were going to you know, push to
get them out, but that was pulled back. You've said
as many as six hundred thousand Chinese students could come
to the United States. Why, sir, is that a pro
(06:42):
maga position when so many American kids want to go
to school and there are places not for them, and
these universities are getting rich off Chinese money.
Speaker 6 (06:51):
Sure, never said about China, but we do have a
lot of people coming in from China. We always have
China and other countries. We also have a massive system
of colleges and universities. And if we were to cut
that in half, which perhaps makes some people happy, you
would have half the colleges in the United.
Speaker 4 (07:09):
States school out of business. Well, I think that's a
big deal. You would have the States, Yeah, but you.
Speaker 6 (07:16):
Would have as you know, historically, black colleges and universities
would all be out of business. That you would have
a system of colleges and universities.
Speaker 1 (07:30):
Okay, I got to stop it. There for a second.
I got to say something, when was has the Chinese
international students impacted HBCUs historic historically black colleges. I mean
those are literally colleges for African American people. How is
that directly related to Chinese international students.
Speaker 2 (07:49):
It's like he had a brain fart and he thought
he was talking to CNN. Yeah, they were going to care.
Speaker 1 (07:54):
He was trying to virtue signal there.
Speaker 3 (07:56):
One hundred percent. That was so disturbing.
Speaker 1 (07:59):
That's go on.
Speaker 6 (08:00):
But I think it's good to have. I actually think
it's good to have outside countries. Look, I want to
be able to get along with the way.
Speaker 5 (08:07):
We're not the French, they're the Chinese. They spy on us,
they steal our intellectual problems.
Speaker 4 (08:10):
Why do you think the French are better?
Speaker 1 (08:12):
Yeah?
Speaker 4 (08:13):
Really, I'll tell you, Yeah, I'm not so sure.
Speaker 6 (08:15):
We've had a lot of problems with the French where
we get taxed very unfairly on our technology, where you know,
they put twenty five percent taxes on American products. Look,
assuming everyone treats us badly, because that's the way I am,
But we take in trillions of dollars from students. You know,
the students pay more than double when they come in
(08:36):
from most foreign countries.
Speaker 1 (08:38):
That's not true, and that's what I want to get
to in a second. But that is a false claim.
And I think this is one of those weapons or
shields that people use in this debate, claiming that international
students pay in this case where he said sometimes double,
what the intuition is, that's not true.
Speaker 6 (08:58):
I want to see our school system thrive, but at
the same time I want to I know you and
I disagree.
Speaker 4 (09:03):
You're never going to agree on but that's okay. And
it's not that I want them, but I view it
as a business.
Speaker 6 (09:08):
You don't want to cut half of the people, half
of the students from all over the world that are
coming into our country, destroy our entire university and college system.
I don't want to do that. And don't forget Mega
was my idea. Maga was nobody else's idea. I know
what Mega wants better than anybody else, and MAGA wants
to see our country thrive.
Speaker 3 (09:28):
Well, I don't like the way he said that.
Speaker 1 (09:30):
I don't want it. I don't like it.
Speaker 2 (09:32):
He knows what MAGA wants. He created MAGA, so he's
the end. I'll say, Oh, I don't.
Speaker 3 (09:36):
Think so well.
Speaker 1 (09:37):
I mean, if we're going to get technical here, Reagan
was the first to use make America great Again. Yeah,
he might have created an acronym of it, but ultimately
he's following the will of the people. And for him
to basically claim that he's the final say on what
MAGA wants, he's wrong on that, and he's wrong on
this issue, horribly wrong. I want to take a little
(09:59):
bit of a side note here. I want to talk
a little bit about his claim that foreign students paid
double at our universities. You know, we've been going through
this process recently looking at universities, and we've looked at,
you know, all of the reputable universities within the United States.
We have a daughter that's getting ready to go off
(10:19):
to college.
Speaker 2 (10:20):
Yeah, our daughter is a senior currently in high school
and she'll be going to college next year.
Speaker 1 (10:23):
So we have been really digging into this topic. And
now there's this thing that a lot of people don't
know about that universities publish. It's called common Data, and
it is a form that universities fill out, all the
reputable universities fill out that gives information like demographics, how
(10:44):
many people submitted applications, how many were accepted, how many
were foreign students, what financial aid was given to these people,
how many people ask for financial aid, how many people
were given financial aid, that kind of information, and it's
a standard form that each one of these universities fill
out and then publish to the public. It's usually like
(11:06):
a year or sometimes two years delayed, so you're kind
of seeing data from a year or two years ago,
but it is handled or published by all of the
reputable colleges. And when you start to look at this data,
you start to see this hoax story that international students
(11:27):
pay double what American students. You start to see that
play out as being completely a hoax and completely false.
I want to give you, guys one example, and there
are many. I've looked at many of these colleges, and
every one of the colleges that I have looked at,
this has been the trend. For example, Yale. Yale published
most recently, they're twenty twenty four common Data. You can
(11:50):
google this, go onto Google type and Yale twenty twenty
four Common Data, and you will find this published pdf
answering all of these questions. And if you want to
look at international students, you look at the non resident.
This is how common data describes non resident, a person
who is not a citizen or national of the United
(12:11):
States and who is in this country on a student
visa or temporary basis and does not have the right
to remain indefinitely. Non resident does not include DAKA or
undocumented people in the United States. Okay, so this is
just people that are international students that have nationality or
have citizenship outside of the country and they need some
(12:33):
kind of a visa to get into this country. At Yale,
there are seven hundred and fifty four international these foreign students.
This is for undergraduates, seven hundred and fifty four non
resident alien undergraduates. When you look at that and you
compare it to the American citizens, you see that there
(12:55):
are approximately six seven hundred and fifty two undergraduates at Yale.
So that makes about eleven one percent of Yale undergraduates
as non citizens, as international.
Speaker 3 (13:07):
Students, and that does not include DACA.
Speaker 1 (13:10):
So, now if you look at the number, it publishes
how many of these students receive financial aid. Of those students,
four hundred and eighty nine are given financial aid. That
is sixty five percent of Yale's foreign students undergraduates receive
financial aid that once again does not even include DACA.
(13:33):
If you included DACA, that number would tick up quite
a bit, I'm sure, because there's about eleven hundred or
so Latinos and Hispanics, and most of the DACA people
are Latino in Hispanic. From that number, the average of
the four hundred and eighty nine students that come to
that are foreign students undergraduate students at Yale. How much
(13:56):
do you think that they get in financial aid? They
get almost eighty four thousand dollars a year. That's the
average for those students. What about American students? Okay, So
to get the American students from the number that they publish,
you have to subtract out the international students and you
find out that there are twenty eight hundred, approximately twenty
(14:19):
eight hundred non foreign students, and that once again that
includes DACA. Okay, these are residents of the United States.
There's twenty eight hundred students that receive financial aid. Twenty
eight hundred students that receive financial aid that are American
residents at Yale. The percentage of those that receive financial
(14:39):
aid is forty one and a half percent. That's compared
to the international students, like sixty five percent receive financial aid,
forty one point five percent for American residents, sixty five
percent for foreign students. Okay, that's a big difference. And
what is the average financial aid that goes to those
American residents Approximately seventy four thousand dollars. That's almost a
(15:05):
ten thousand dollars difference between foreign students and American residents.
Speaker 2 (15:12):
And by the way, fambam, this is just Yale, but
it's similar at other colleges.
Speaker 1 (15:16):
Yes, so this is this fake meme that has been
out there now for decades. But it is very clear
the data that is published by the colleges. This isn't
some news report, This isn't CNN, this isn't some far
right conservative media outlet. This is data published by these
(15:37):
liberal colleges. Okay, this is published by Yale. They fill
out the form and they publish it, and this is
the data that they are putting out there, and they
aren't secret about it. If you go onto Yale's website,
it will tell you that they provide financial aid to
foreign students at the same rate and at the same
with under the same criteria that they do for American citizens.
(16:00):
This is what infuriates Americans. This is why somebody like
Nick Fuentis has become popular, is because you have the
President of the United States, who I've been a supporter
of and I still am supporter of, and I've adored for,
you know, decades now, putting out this kind of information
and it's kind of just gaslighting the public either. And
(16:22):
I'm sure he doesn't know about this particular meme because
that's how strong this meme is out there, but he should.
He's making the argument on national television. He's on Laura
Ingram show making the argument as to why six hundred
thousand Chinese immigrants should be able to or Chinese citizens
should be in the United States. You know how many
(16:44):
American citizens are in Chinese universities? Under nine hundred. Okay,
there's currently, according to Fox News, three hundred and fifty
thousand Chinese students in American universities. There is under nine
hundred in Chinese universities. Okay, So there's a complete flip there.
(17:07):
These people are going into our research facilities, they are
members of the CCP. Because the ones that are paying
full price are paying like one hundred grand to have
their kids at these schools. Only people that can afford
those are elites, and those elites are part members of
the CCP, are connected to the CCP. So he's just
thinking about this in the form of a business. This
(17:31):
is not a business. These are American institutions. These people
are taking the spaces of American citizens. Eleven percent of
the spaces are being taken by foreign students that aren't
even paying, that are getting financial aid. How is that America?
Speaker 3 (17:47):
First, it's not, it's not. This is so upsetting on
so many levels.
Speaker 2 (17:52):
Obviously for obvious reasons, it's upsetting, but also I feel like, now.
Speaker 3 (17:57):
We're not going to get invited to the White House.
Speaker 1 (18:02):
You can chimp on on the president and still get
invited to the White House. If that's if he has
that kind of a thin scan, then oh well, so
you know, And this is just the beginning of this
catastrophic interview. Okay, there's plenty more in this in this
interview that needs to be addressed, and we'll get to
that right after the break. But first, history shows that
every market eventually falls, every currency collapses, and today the
(18:25):
US dollar is hanging by a thread trillions in national debt.
Record high markets defind gravity, but stocks can't go up forever. Meanwhile,
your groceries, housing, and transportation costs are all going up,
and your dollar it's buying less every single day. So
when the system breaks, when the crash hits, your stocks
won't save you and your dollars won't either, But one
(18:46):
thing will. Gold. Gold has always survived a collapse. That's
why central banks are buying gold by the ton, billionaires
are stalking up, and everyday Americans are protecting their savings
in retirement with physical gold before the next shoe drops.
Don't wait for headlines when the panic sets in it's
too late. Call Lear Capital now at eight hundred four
(19:08):
to eight zero one one zero zero to get your
free twenty twenty five gold investment kit and protect your
wealth if the system breaks with real physical gold. With
over three billion dollars in transactions and thousands of five
star reviews, Lear is your leading source. Call now and
get up to fifteen thousand dollars in bonus gold with
(19:29):
a qualified purchase. Call eight hundred four to eight zero
one one zero zero. That's eight hundred four to eight
zero one one zero zero. Keep in mind that any
investment has a certain amount of risk associated with it,
and you should only invest if you can afford to
bear the risk of loss. Before making investment decisions, you
should carefully consider and review all risks involved. You're listening
(19:54):
to Red Pilled America's fambuggy Join the fambam. Go to
Red Pilled America dot com and click join in the
top menu. You've been here seven years. You listen to
us all the time. We need you support, guys, We.
Speaker 3 (20:06):
Really do need your support. You guys. Support what you
love or it goes away.
Speaker 1 (20:11):
Yeah, you know. And because what we're learning here is
that we've seen so many of these independent journalists or
these independent media figures that are willing to let's say,
you know, morph the truth to their audience because it
feeds the beast.
Speaker 3 (20:28):
Yeah, it does. I'm going to say, truth telling is
not lucrative.
Speaker 1 (20:31):
It's not lucrative. So, and you know, there's others that
are out there that are devoted to the truth and
devoted to honesty. Support independent journalism and independent storytelling. Let's
go on with this interview, this colossal, catastrophic interview that
Trump had with Laura Ingram. Some of it was not so,
(20:53):
you know, it was kind and it was kind of
like nice back and forth. And Laura is very skilled
at doing an interview like this. She starts off with
kind of like the softball questions, and as the interview progressed,
she got more and more kind of to the to
the core issues that Maga is concerned about right now.
One of these moments was about the economy. And this
(21:15):
is the question.
Speaker 5 (21:17):
The economy was listed as a top concern. I know,
you know this for voters in New Jersey, New York, Virginia.
And I've been all over the affordable affordability issue today
and for the last several months. Eggs, gas, a dinner
cost for Thanksgiving way down, but other things that you
noted have gone up, beef coffee. Is this a voter
(21:38):
perception issue of the economy or is there more that
needs to be done by Republicans on Capitol.
Speaker 6 (21:44):
Hill or done in terms of policy more than anything
else in Sekonjab by the Democrats.
Speaker 4 (21:50):
They're saying, they just have to say, you know.
Speaker 6 (21:52):
They put out something say today, cross her up. They
feed it to the anchors of ABC, CBS and NBC
and a lot of other you know, CNN, et cetera.
Speaker 4 (22:02):
And it's like a standard.
Speaker 6 (22:03):
I'll never forget the head or use the word like manufactured.
Do you remember the word manufacture. It's a manufactured economy.
Nobody uses that word. Every anchor broke through manufactured. They
do exactly what they say. It's such a rig system.
So are you ready? Costs the way down? Gasoline is
going to be hitting two dollars pretty soon, or around
two dollars.
Speaker 4 (22:24):
Gasoline is at two.
Speaker 6 (22:25):
Seventy now, and it was at four point fifty under
Biden on the Sleepy Joe. When gasoline comes down, when
energy comes down, and everybody who has energy's down, were drilled.
You know, Drill, baby, drill, We're going like wild.
Speaker 1 (22:37):
So he deflects there a little bit at the very
beginning and starts to kind of and this is kind
of I've seen many the mo of conservative politicians or
Republican politicians when it comes to dealing with hard questions,
and he kind of diverts it to the fake news
and look at how they manufacture all of this kind
of information that is out there and what have you.
(22:58):
And then he goes into the line that costs our
way down. And I think that that is just something
that is I think he's out of touch with that
kind of a comment. I don't think you can speak
to any Americans that are kind of the salt of
the earth, Americans that basically are the mainstream of Americans
(23:19):
out there, that will tell you that costs are down.
You cannot get into a house in most urban areas
or even suburban areas for anything of a reasonable price.
Housing prices have skyrocketed. The cost of food has skyrocketed.
Try to go out to dinner with your family too,
not even an expensive restaurant, just to run of the
(23:41):
mill restaurant, and it's an arm and a leg. Prices
have not come down. And I think that Trump what
he is really He's made a lot of mistakes in
this regard when it comes to the economy because he's
a hype man. He's like one of those hip hop
hype man guys. I get it. Is something that I've
always kind of liked about him, is kind of that
power of positive thinking. But there there was some narrative
(24:04):
shaping that should have happened at the very beginning of
this presidency that he did not do. I think the
Democrats are much better at narrative forming. Remember going back
to two thousand and eight when Obama was coming into
the White House, and the narrative that was built by
the left leaning Menia and by Obama himself how horrible
(24:26):
the economy was. It was horrible, It was on the
brink of collapse, and he was going to need to
do some things to fix the economy. He was going
to need to make some big, bold spins to fix
the economy. And then he gets through Congress this enormous bill,
and then he takes that budget and he puts it
onto all of his pet projects. I've seen Trump around
(24:48):
the December time frame after he was elected kind of
at times when the stock market would go up, he
would basically attribute that to his election. And I understand
the the idea of hyping things and hyping positive information,
but every time that you now, now you've tied yourself
(25:10):
to the stock market, and if there is a crash,
now you are tied to that stock market instead, I
think that he should have came in with this kind
of dire message and that it was going to be
a long haul before this economy got turned around. Because
the numbers that the Biden administration had been faking. They've
been faking it for four years. You saw that in
(25:31):
the labor numbers. Every time they would issue labor numbers
and it would be you know, this huge job growth,
and then they would adjust it the next time around
and the numbers would come down to basically zero. And
that was something that was happening time and time and
time again. There's the fudging of the inflation numbers. They're
using different kinds of calculations to publish the inflation numbers
(25:51):
and different metrics to gauge inflation. And so we so
Trump comes into this economy that it was really kind
of crippled and run on fumes, and it should have
been positioned in that way and just constantly pushed that
way instead of kind of this hype cycle that Trump
(26:14):
kind of gets into.
Speaker 2 (26:15):
Yeah, I think Obama was better at this kind of messaging. Uh,
you know, when he came into his two thousand and
eight presidency, set the expectations low. Trump sets the expectations high. Yes,
and it's it's it's his nature. And I think that
that works for him in most cases, but I think
here it's hurt him.
Speaker 1 (26:36):
He goes on, he talked about this fifty year mortgage
that the White House was floating around.
Speaker 5 (26:42):
Housing costs are still out of reach, and another thing
that your administration is trying to tackle. Many Americans the
average age of first time home buyers are now up
to age forty, which is sad the country you and.
Speaker 4 (26:54):
I inherited that. Look, you have to understand, right, But
how's we get to the.
Speaker 5 (26:57):
Quinn question though, because your your housing director has proposed
something that has enraged your bagafrans, which is this fifty
year mortgage idea, so a significant MAGA backlash, calling it
a giveaway to the banks and simply prolonging the time
it would take for Americans to own a home. Outright,
is that really a good idea?
Speaker 6 (27:18):
It's not even a big deal. I mean, you know,
you go from forty to fifty years, and whatever is
you pay, you pay something less from thirty. That some
people had a forty and then now they have a fifty.
All it means is you pay less per month you
paid over a longer period of time.
Speaker 4 (27:32):
It's not like a big factor.
Speaker 6 (27:34):
It might help a little bit, but the problem was
that Biden did this. He increased the interest rates, and
I have a lousy fed person who's going to be
gone in a few months. Fortunately, I have a guy
too late, you know.
Speaker 4 (27:45):
Jerome Powell. We call him too late. He was too
late and everything.
Speaker 6 (27:48):
Except when it came to before, you know, the Democrat
so called Democrat election, which didn't work.
Speaker 4 (27:54):
But we're going to get interest rates then.
Speaker 6 (27:56):
But even with interest rates up, the economy is the
strongest it's ever been.
Speaker 1 (28:01):
Okay, again, kind of poor messaging, and I think jd.
Vance has been much better about the messaging on this,
talking about affordability and how he understands why the youth
are so angry that they can't buy homes and start families.
Trump is missing the boat on this, and he's also
(28:22):
you know, it isn't just a small thing for this
fifty year mortgage. There is and I've seen some people
argue this point on both sides. Yes, it will make
things a little bit more affordable from a monthly standpoint,
is the argument that's out there. And you can get
into certain houses for like say two or three hundred
dollars less a month, but it ends up doubling nearly
(28:43):
the interest that you pay over the life of the loan.
No one's going to hold that loan for fifty years,
but it substantially increases the interest paid on the loan.
Now people will say, okay, well the housing is going
to appreciate, so they'll make money on that appreciation. But
it completely takes away the examples that are out there
other countries that have tried this, like Japan. Japan tried
(29:07):
to do this and did do this. They created a
fifty year and even one hundred year mortgage.
Speaker 3 (29:13):
And this was in the nineteen eighties.
Speaker 1 (29:15):
Yes, and Tokyo land prices tripled in less than ten years.
There's other factors that were going on here, but one
plot of land in Tokyo became more expensive than California.
It's going to increase the prices of houses, which would
make them less affordable, which would make your monthly payments
less affordable. By creating something like this, because what you're
(29:38):
basically doing is is you're increasing demand without increasing the supply. Necessarily,
you're basically bringing in people that probably shouldn't be buying
a home because they can't afford it, but they're coming
in because of the two hundred or three hundred dollars
a month saving that they're getting. It is ultimately, though,
when you provide more loans, the price of that thing
(30:00):
that you are providing the loan for goes up. Look
at college expenses when I went to school. When my
first college tuition, I want to say, it was like
three hundred and fifteen dollars the semester. That increased by
the time I graduated, but I think it increased to
maybe like eight hundred dollars something along those lines.
Speaker 2 (30:21):
When I went it was twelve hundred dollars, Okay, but
now that was a big increase at the time. That
was considered just out of astronomical, out of this world
that that.
Speaker 1 (30:30):
Had happened by the time that I graduated, When it
got up to like the eight hundred timeframe, the eight
hundred dollars per semester, yeah, that was an enormous amount
of money to Meah, And now consider what these kids
are doing. They're having to basically put out loans that
are are half of the cost of a house in
some suburban areas. And the reason for that is because
(30:51):
student loans were offered out there liberally to anybody that
would take them, and then they took away the ability
to claim bankruptcy to those loans, so you are basically
tied to that loan, no matter what, that is what
drove up the tuition costs. Okay, so by providing these
kinds of loans to people, all it's going to do
(31:12):
is drive up the prices. It's not going to bring
down the prices. And that's what needs to happen. The
prices need to come down. So he goes on from there.
Laura asks him about more about the economy, and she
provides some public polling about the economy, and this was
his response.
Speaker 5 (31:29):
Then, why are people saying they're anxious about the economy.
Why are they saying that?
Speaker 6 (31:32):
I don't know that they are said, I think polls
are fake. We have the greatest economy we've ever had.
Speaker 1 (31:38):
I don't see how he could continue to say that,
given the housing prices and given the inflation, and given
the job outlook for some of these college students. I
just don't know who is advising him on this or well, you.
Speaker 2 (31:51):
Know, he's thinking about that famous New York Times I
think it was a New York Times poll where you know,
Hillary Clinton was predicted to win by ninety four percent
and he ended up winning.
Speaker 1 (32:02):
Well, but it's it's very easy to kind of lean
back on that and I think this is where he
is getting rusty, I think, and this is where he
surrounded himself with probably yes, people, you need to and
this interview in that respect was good. He's getting a
little bit of a reality pushback from someone like Laura Ingram,
who is not She's a friendly interview. Okay, so this
(32:23):
is not something that he's not getting pushed on by,
let's say, a Jake Tapper or something like that, which
is why he should be taking these things that she's
saying a little bit more seriously and atit with a
little bit more. He should look at this statements that
she's making with a little bit more credibility. But ultimately,
if he continues to gaslight the public like this, this
is why you're seeing this enormous backlash against him right now.
(32:47):
If you've spent any time on social media, some of
Trump's most stalwart supporters are going at him on all
of these topics. And one that they are going on
him in a big way is this H one B
topic and the this message that is going out there
that H one B that America needs these H one
(33:08):
B visa workers, and we're going to get into that.
I want to dig deeper into that. We're going to
do that in Part two. Join us over there right now,
Hosts And Creators
Adryana Cortez
Patrick Courrielche
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Ruthie's Table 4
For more than 30 years The River Cafe in London, has been the home-from-home of artists, architects, designers, actors, collectors, writers, activists, and politicians. Michael Caine, Glenn Close, JJ Abrams, Steve McQueen, Victoria and David Beckham, and Lily Allen, are just some of the people who love to call The River Cafe home. On River Cafe Table 4, Rogers sits down with her customers—who have become friends—to talk about food memories. Table 4 explores how food impacts every aspect of our lives. “Foods is politics, food is cultural, food is how you express love, food is about your heritage, it defines who you and who you want to be,” says Rogers. Each week, Rogers invites her guest to reminisce about family suppers and first dates, what they cook, how they eat when performing, the restaurants they choose, and what food they seek when they need comfort. And to punctuate each episode of Table 4, guests such as Ralph Fiennes, Emily Blunt, and Alfonso Cuarón, read their favourite recipe from one of the best-selling River Cafe cookbooks. Table 4 itself, is situated near The River Cafe’s open kitchen, close to the bright pink wood-fired oven and next to the glossy yellow pass, where Ruthie oversees the restaurant. You are invited to take a seat at this intimate table and join the conversation. For more information, recipes, and ingredients, go to https://shoptherivercafe.co.uk/ Web: https://rivercafe.co.uk/ Instagram: www.instagram.com/therivercafelondon/ Facebook: https://en-gb.facebook.com/therivercafelondon/ For more podcasts from iHeartRadio, visit the iheartradio app, apple podcasts, or wherever you listen to your favorite shows. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.