July 3, 2025 • 31 mins
Hour 2: Economic Reality Check – Inflation, Interest Rates, and MAGAnomics
Sean dives deep into the U.S. economy with former Treasury economist Joe LaVorgna, who explains how President Trump’s economic policies—including the One Big Beautiful Bill—are fueling blue-collar wage growth, slashing inflation, and attracting trillions in foreign manufacturing commitments. Hannity unloads on Fed Chair Jerome Powell’s resistance to interest rate cuts, accusing him of politicizing the economy. Together, they dismantle mainstream economic fears over tariffs and forecast a strong return to 3%+ GDP growth under Trump-era fiscal policy. They also examine how MAGAnomics is reshaping the job market, housing, and American manufacturing.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Well, we have come in.
Speaker 2 (00:02):
To your city. I wanta way I get those saying
you a conscious cell. Will all be higher high til
and if you want a little banging, a union and
come along.
Speaker 3 (00:18):
But regime change is not the policy of the United States.
It is not the purpose of this attack. Yet we
refuse to accept a fascist America.
Speaker 4 (00:33):
You are the community to this president's chaos, and together
we build a future of opportunity and justice for all.
Speaker 2 (00:44):
Trado is back in style. Welcome, we have coming to
your city, going the way I get talis and saying
you a conscious sill.
Speaker 3 (01:00):
The New Sean Hennity Show more I'm the Scene's information
on freaking news and more bold inspired solutions for America.
Speaker 5 (01:11):
Coming up next our final News round Up and Information
Overload Hour.
Speaker 3 (01:16):
A news round Up Information Overload Hour. Our toll free
number is eight hundred and ninety four one Sean. If
you want to be a part of the program. If
you're following Jerome Powell the Fed share in any way, shape,
matter or form, it is clear he does not like
Donald Trump. To me, it's gotten personal, especially on the
(01:38):
issue of interest rates, because when you look at the
economy and you know all of the doomsday predictions have
fallen flat. And it's getting a little bit frustrating to
me because with what he is now, his incredible reluctance
and resistance to do any thing that would be wise
(02:01):
and smart to help the economy, it just defies logic
and common sense. Because every measure Trump is arguing that
the Fed's key borrowing rate should be at least two
percentage points lower. I agree with him, you know, and
sure enough, predictably, Powell, you know, when you know, goes
on and on repeating, regurgitating things that just never have
(02:23):
come to viruition. And I don't blame the president for
being unhappy, you know, And it is it just from
a from a financial standpoint, from the economy standpoint. You know,
if you look at Donald Trump, you know, every prediction
they made about what tariffs would do to the economy
and higher inflation, a massive unemployment, none of this has
(02:46):
come true. None of it. The CPI measure of inflation,
you know, is you know, for the twelve months ending,
you know, we we're now at the lowest levels we've
had in four years. Consumer confidence has never been high,
the number of jobs available for Americans that's never been higher.
And yet interest rates remain ridiculously high. And by the way,
(03:09):
the one area of the economy that is hurting as
a result of it is the home building industry. Because
interest rates are so high, nobody's going to give up
their three percent thirty year fixed rate mortgage to get
a seven or seven and a half percent thirty year
fixed rate mortgage. And you can't blame people if not
wanting to do that, is what Powell said in his announcement.
Speaker 6 (03:30):
Changes to trade, immigration, fiscal and regulatory policies continue to evolve,
and their effects on the economy remain uncertain. The effects
of tariffs will depend, among other things, on their ultimate level.
Expectations of that level, and thus of the related economic
effects reached a peak in April and have since declined.
Even so, increases in tariffs this year are likely to
(03:52):
push up prices and weigh on economic activity. The effects
on inflation could be short lived, reflecting a one time
shift in the level. It's also possible that the inflationary
effects could instead be more persistent. Avoiding that outcome will
depend on the size of the tariff effects, on how
long it takes for them to pass through fully into prices,
and ultimately on keeping longer term inflation expectations well anchored.
Speaker 3 (04:15):
Hi joining us now to respond. Joe Lavornia is with
US Treasury economist, and he's here to discuss Powell's inability
to step outside of his own political bias and help
the American people. He's also costing the country a fortune
because we're paying the higher interest rates as well. What's
your reaction to me, it's personal and political. Your thoughts, oh.
Speaker 1 (04:35):
Hi, Joan, thanks very much for having me as as
counselor to Secretary Best and we don't want to weigh
in on monetary policy, but you did raise a couple
of very key points, and that is under President Trump, inflation,
which is one of his primary goals on the campaign rallies,
he has delivered in spades. Inflation, as you've correctly said,
(04:59):
has come down white dramatically and is going to continue
to drop in all likelihood because of what it should
be imminent passage of the One Big, Beautiful Bill, which
will help expand the supply side of the economy and
continue to lift blue collar wages, which I'm not sure
if you saw this shown, but the White House to
put out earlier in the week, are growing at the
(05:21):
fastest rate for an initial term. I'm assuming that I'm
treating this a Trump term as basically a new term
because of the gap in between. It's the fastest five
month increase in real blue collar wages we've had on
record in the day to go back sixty years. So
there's a lot of good stuff there, and the President
deserves credit for it, you know.
Speaker 3 (05:41):
But I'm having a hard time understanding, and it seems personal.
If you look at the comments of Powell, the economy
has been resilient, and part of that is our stance.
So he's like he thinks he runs the economy, almost
like he believes he's president. Now he'll be out in
May of twenty six, and frankly, from my perspective, come Andy.
It can't come soon enough. I think the frustrating thing
(06:03):
is we have to wait that long and and maybe
Scott Bessing, his name has been floated as a possible
replacement the Treasury secretary. But somebody that understands the economy understands,
you know, we we we had a target rate, for example,
the inflation rate of two percent where to two point
one percent, so we reached that target rate. Joe Biden
brought that number up to nine point what four percent
(06:24):
or five percent, so it definitely played. You know, raising
interest rates temporarily had its place, but that time has
come and gone, and frankly the President is just you know,
apoplectic about it, and he stuck with this guy until
May of next year.
Speaker 1 (06:41):
The you know, it's when you talk about inflation, and
he was at a forty five year high under under
President Biden. And the tariffs and how inflation has come down.
I mean, it's remarkable how the the professional analytical community,
the professional forecasters has gotten the inflation wrong. So what
I can tell you is that and we've seen it
(07:01):
how resilient the economy is, and how oftentimes people when
they say certain things are going to happen, there's no
question you have to have higher prices because of tariffs.
And what we've seen, of course, is a terriff being
absorbed in the margins of the foreign sellers, and it's
happened as inflation's actually come down, which is which is
very positive. Youth economy Sean, as you know, is extraordinarily resilient.
(07:25):
And with the bill imminent passage of that, I we
should be we should be talking about three percent growth.
And I know you've talked here about the FED. But
the other thing I want to mention though, is when
people talk about deficits because of greasury.
Speaker 3 (07:38):
You know, we you did see the Atlanta Fed what
a two week and a half, two weeks ago, you know,
they have projected GDP growth of the second quarter. They
were up to four point six percent. I'm not sure
where it is today.
Speaker 1 (07:51):
Yeah, it's it's around, it's four maybe a little bit less.
A bounces around. But here's the thing is, we talk
about interest rates and debt and all these other things.
You know, the Congresional Budget Office, I believe it's just
much too pessimistic forecast. They're assuming the next ten years
the economy grows under two percent. If we're going to
start growing a three percent plus in the in the
(08:11):
third and the second quarter, maybe more, and that is
the new trajectory, which seems to me to be reasonable
because under President Trump's first term, before COVID, we were
growing at nearly three percent. Since then, productivity is accelerated.
We have an II in AI spending boom that this
bill coming through is going to lift CAPEX in an
even more meaningful way. We're going to generate faster growth,
which is give us faster revenues. And this is an
(08:33):
important point because they see so much financial press. It
just talks about these big, large deficits with no admission
that the assum that the assumed growth rate is too pessimistic,
and it's just sort of like the fear cells.
Speaker 3 (08:45):
We look, the Congressional Budget Office does not exactly have
the best track record. You know, one thing that it
seems nobody is factoring in is, for example, the Reagan
tax cuts or or the Trump tax cuts. What happens,
Revenues to the government increase, they don't decrease, and they
always backer that in as a decrease. For example, in
(09:06):
Reagan's term, revenues to the federal government doubled. He created
twenty one million new jobs. At the time, it was
the longest period of peacetime economic growth in history. The
first three years prior to COVID. In the Trump years,
the president created record low after record low unemployment for
every demographic in the country, African Americans, Hispanic Americans, Asian Americans,
(09:31):
women in the workplace, African American youth unemployment, gas prices
never once during his first term ever got above three
dollars an average per gallon. Gas prices are now down dramatically,
small business optimism, consumer confidences up dramatically. We have low inflation.
And the only thing that is that is showing signs
(09:53):
of trouble is directly related to the Fed's interest rate policy,
and that is home to And there's an easy explanation
for that. Who's going to give up a Would you
give up a three year, I'm sorry at thirty year
mortgage to get into a new home at at you know,
double the interest rate, you'd be doubling your payment. It's insane, right, No, So.
Speaker 1 (10:18):
Sure, now I understand your points, Sean, But you know,
here's the thing. Let's take ten year yields for a minute,
because I spent most of my career has been in
the private sector. And the good news, and kudos to
Secretary Best and and that is the we've gotten interest rates.
You know, interest rates. The market was very fearful right
around the Liberation Day that and shortly thereafter the ten
(10:39):
year yelds to move up to five percent. The good
news is the economy is booming. Market rates are in
the middle to maybe slightly below their recent range. As
inflation comes down more, the inflation component of that long
term interest rate will come down. And the good news
is market interest rates can still fall with President trump
(11:00):
policies and that will help homeowners and then hopefully over time,
you know, we'll see those other rates come down as well.
Speaker 3 (11:07):
Well. Once interest straights start coming down, it'll bring the
real estate market back up and there'll be a lot
of activity. But right now, people are going to hang
on to their low interest rate mortgage that they locked
in years ago. Is one of the things that we're
not factoring in here, and that is Donald Trump his
commitments because of his trade policies and the threat of tariffs,
(11:27):
brought this in of over ten trillion dollars. We've never
had commitments like that ever in our country's history before.
And that's new manufacturing inside of America, and that includes
things that are beneficial towards national security. That would be
pharmaceuticals and semiconductor chips, but also you know, revitalizing automobile
(11:49):
manufacturing in the country on top of you know, artificial
intelligence and new technologies all of that. I mean, aren't
they aren't all these industries going to be creating high
paying career jobs for people well, well.
Speaker 1 (12:03):
That's it. It's that's what the President's policies are designed
to do, is to bring back high value added manufacturing
that pay very high wages. And as you were, giving
a very accurate description of how things have been playing out.
As the Treasury Secretary has said, national security and economic
security are one and the same. They're very you know,
(12:23):
they're interconnected. And you know, we talk about interest rates
and getting interested needing you know, you know, people want
to interest rates lower, which I understand, but the people
should also know that the tariffs, which have not led
to any inflation, also right now we're generating around two
hundred billion dollars at an annual rate, and that number
may even be a lot higher. We're going to get
a number. We don't have the full numbers for June,
(12:45):
but the tariffs are bringing in a lot of revenue,
which also ties into the notion that the president wants
to rebalance trade, reindustrialize as you said, and of course
those those foreign capital commitments are also quite substantial.
Speaker 3 (12:58):
Yeah, all right, quick freak, welcome back. More with Treasury economists.
Joe Lavorgna is with us, and then we'll get to
your calls coming up eight hundred and nine to four
one Sean, if you want to be a part of
the program, continue with Joe Lavorgno talking about the economy,
and a very stubborn fed chair who will be replaced
in May of next year, can come soon enough. As
far as I'm concerned, what do you think Powell does
(13:21):
from here on out? Is he just gonna, you know,
be in this cold war with President Trump? And because
President Trump obviously disagrees with him, you know he's going
to show President Trump who's boss until May of next
year before we can have any hope of, you know,
significantly lower interest rates at a minimum. I think we
needed a fifty basis point reduction yesterday. In my view.
(13:43):
I think the economic numbers warrant that, and I think
that would be just the start. I personally agree with
the President. I think a one basis point reduction would
be appropriate too, and I think it would have the
added impact of jump starting the economy in ways that
people aren't even imagining. And if there's one big beautiful
bill comes in and manufacturing facilities. In other words, if
(14:05):
you build a facility, I think it's one hundred percent
you get a tax deduction in year one I mean
that that's going to incentivize everybody to build immediately.
Speaker 1 (14:14):
They're not going to wait, yeah, no, that's right. Well, yes,
it's You're exactly right on. It's one hundred percent expensing
a plant and equipment in addition to factories which we
even had before. That'll be very very supply side constructive,
meaning it's not going to cause inflation, actually bring inflation
down as the economy accelerates, which is what we saw,
(14:35):
as you mentioned earlier, under Reagan implicitly and also under
President Trump's first term, where we had effectively three percent
growth prior to the pandemic and inflation was two percent
or less. Look long term, that all support certainly low
interest rates, no question, broadly speaking, and you know I'm
an optimist, so I do expect the housing market to
(14:58):
recover over time, that affordability won't remain depressed. The income numbers,
the blue collar boom we've highlighted is certainly very positive.
So there are a lot of good things going on,
and I'm going to be hopeful Seawan that.
Speaker 3 (15:10):
Well, I mean, the added supply and the higher interest
rates and lack of activities is making home buying more
affordable for people maybe that's certainly good. But if you
really want to stimulate the home buyer market, the single
best thing you can do is you got to you
got to get these interest rates now, because they're too
(15:30):
high and people simply cannot afford to pay two thousand
dollars more for a monthly mortgage payment just because Jerome
Powell has an agenda and he doesn't like Donald Trump,
which is where I feel we're at here. It's to
me it's gotten personal. Am I wrong on that part?
Speaker 1 (15:46):
Sure? I can't comment on that. I mean, I I'd
rather not say. I mean, I understand your point, but well.
Speaker 3 (15:52):
I'd rather not say. Is it of a strong possibility?
Speaker 1 (15:56):
Well, here's what I would say again, I would say that.
Speaker 3 (15:59):
It seems per personal to me.
Speaker 1 (16:00):
Well, the I've not talked to the President or cheer
Power on that, but it seems to me though that
what we have right now is an environment where we've
got very good growth, inflation's coming down, that by itself
will pull long term interest rates down. You know, when
we talk about housing affordability, the income part is very powerful,
(16:23):
and that's something the President has directly all over, and
that's looking good home prices in some places have moderated,
but I do expect over Timeshewan, that you will see
affordability pick up, because you'll see market based rates come down.
Speaker 3 (16:37):
And you know we need I got to run, but
we need interest rates now. But Joe, I appreciate you
being here. I really do, my friend, God bless you,
and American people need some relief with this. You are
listening to the best of the Sean Hannity Show, and
stay tuned more memorable moments, interesting guests, and a lot
of fun coming up next twenty five Dons to the
(16:57):
top of the Hour, Punchline and Patriots that is a
week from this Saturday. And that's in Clearwater and Tampa.
That is at Ruth deckerd Hall. Tickets very limited seats left.
Same with Fort Lauderdale. That's the twenty ninth day after.
If you're interested, we'd love to have you. It's going
to be ir reverend crazy, fun and absolutely politically incorrect.
(17:21):
That much I can tell you now. We have gone
over the numbers. They are overwhelming, and that is you know,
if you look at even vague news CNN, you got
seventy nine percent of Democrats, seventy nine percent of Independence,
eighty three percent of Republicans, seventy nine percent of all
adults are saying the same thing, and that is they
(17:44):
oppose Iran obtaining nuclear weapons. I think the definitive poll
by Robert Kahelli of Trafalgar and an Insider Advantage head
Matt Towery. They did a joint poll and the question
was very pointed, what is your opinion of President Trump's
position that Iran must be prevented from develop a developing
(18:06):
a nuclear weapon by any means necessary. Seventy four point
four percent said that they approve and agree with that.
And we can go on to the Havid Harris poll
eighty five percent. Yeah, Tehran must never ever get the bomb. Now,
Israel has taken out two of the three sites, there's
(18:26):
one site remaining, and it seems that that site, the
Bordeaux site that we keep talking about, would need American
assistance to make this happen, and hence the decision that
the President will have to make. And I have every
confidence that the President understands he's been saying since twenty
(18:50):
eleven that Iran could not have a nuclear weapon. One
of the more bizarre conversations to arise out of this
is against maga. Donald Trump is against forever wars, You're right,
so am I I'm against forever wars, and with military technology,
I don't think they're ever going to be fought the
(19:12):
same way again. But it's the same Donald Trump that
took out Solomani on the tarmac and that was you know,
that was done, and all the predictions of doom and
gloom and retribution. Any military effort has risk associated with it,
But then you have to factor in the risk of
a nuclear armed Iran, the number one state sponsor of terror,
(19:33):
that has fired hundreds of thousands of missiles. They're firing
them right now into Jerusalem as we speak. They've been
firing him to heavily civilian areas, populated civilian areas like
Tel Aviv, and they have sworn to wipe Israel off
the map in the United States, off the map. They
have made these threats repeatedly. But it's also the same
(19:57):
Donald Trump that wiped out the Caliphate, the same Donald
Trump that took out Bagdaddy and associates. I'm not sure
how Some are saying that the mag of movement is
an isolationist movement, which means no involvement at all it's not.
It is no way contradictory to say that this one
remaining site needs to be taken out. And if it's
(20:18):
the United States at a time when their air defense
systems are down, it's the safest it's ever gonna be.
But there's always risk with any military operation. And take
it out and forever end the threat of iranium Mullah's
married to their sick converter die ideology, and forever remove
that threat of a modern day holocaust. To me, is basic,
(20:41):
simple common sense. Yeah, that also would be part of
the Trump doctrine, and Donald Trump is it's not inconsistent
if you take out those sites the way you took
out Solo Mony Bagdaddy and associates, and also the Isis
Caliphate and not have a forever war. Nobody wants that.
I definitely don't anyway. Senator Lindsey Graham, South Carolina is
(21:02):
with a senator, how are you good?
Speaker 5 (21:04):
Thanks so much for having me.
Speaker 3 (21:06):
Let's get your take on all of this. To me,
it's a window of opportunity. Their air defenses are down.
The President has been clear what his policy is. They
can't have a nuclear weapon. He's been saying it since
twenty eleven and hundreds of times since, it seems like
the moment is here.
Speaker 5 (21:24):
Yeah, the forever war is started in nineteen seventy nine
when the Ayatoa replaced the Shaw, they held our embassy
personnel hostage. Since nineteen seventy nine, Iran has been waging
war through Moses Blah and the Hoodies against Israel. They
have American blood on their hands. So that's the war
(21:46):
I'd like to end. And if you don't believe Iran
would use a nuclear weapon to destroy Israel, you're not
listening to what they're saying. If you don't believe they
would use a nuclear weapon to come after us to
infidel you're not listening to what they say. Hey, November
fourth and Iran is commonly referred to as Death to
America Day. In nineteen eighty seven, they made it a holiday.
(22:08):
That was the day they took over our embassy. We
have a military for a reason, to protect our way
of life, protect our homeland, and protect our allies. You know,
when my dad was drafted World War two, the term
was called the duration We're going to fight and we
beat the Nazis, took Berlin and took Tokyo, and we
did in this war. We're not going to have ground
(22:30):
troops and it won't last forever because we have the
capability to destroy the Iranian nuclear program working with Israel
fairly quickly. We're down to one site deep underground, about
a half a mile under the ground. We have technology
and bombs and capability.
Speaker 1 (22:46):
Israel doesn't.
Speaker 5 (22:47):
It is my advice to President Trump, help Israel finish
the job. Go all in to destroy the last nuclear site.
If we take this program on and we don't finish it,
it will be a disaster. Still I's finished the job.
Speaker 3 (23:03):
I agree with you, and I actually think that the
Israelis have done a spectacular job on their own. Now
we have to factor in that Iran and Iran through
their proxies. And I've been tot Israel a number of
times as you have been there, many many times, many
many times more than me. I mean, I went to
(23:23):
one border town with Gaza at the time, and I
think twenty fifteen had been hit with ten thousand rockets.
In ten years. They have withstood Huti rebel rockets, his
Bola rockets, Islamic Jihad rockets, Hamas rockets, Kuds forces, Iranian
Revolutionary Guards forces, helped develop the October seventh attack against Israel.
(23:45):
They provided the weaponry for that. They've been fomenting terror,
not just in the region, but around the world. There's
not a single country that wants to come to Iran's defense,
and we now find ourselves with a window of opportunity
to forever remove any possibility they'd have this weapon of
mass destruction married to their ideology. Now, how is that
(24:07):
any different than taking out Solomani by Dadian associates or
beating the Caliphate. I don't see that as inconsistent at all.
Speaker 5 (24:16):
Well, I think, yeah, you're dead right. The primary job
of beating Commander in chief President the United States is
to protect us our homeland from existential threats and to
protect our allies, and we have no better allies than
the state of disrals. Iran has nine hundred pounds of
highly enriched uranium that could make about a dozen bombs
(24:38):
if they went to the last mile. They're at sixty percent.
To get to ninety percent is weeks, not years. They
have one Savinan reactor. They haven't used any of the
enriched uranium to run that reactor. They get their fuel
from Russia. So this is weapon grade material and large quantity.
They've been doing this for decades, and their goal is
(25:01):
to develop a nuclear weapons force to use as part
of their ideology. I don't think Rocketman's going to attack America.
I don't believe Putin's ambition is to destroy Israel, destroy
the United States, nor I believe that about China. I
think they're mercantile. I think they're an adversary. But I
believe this regime is founded on a religious ideology that
(25:25):
makes them religious Nazis. They're being told by their version
of Islam to destroy the Jewish state, to drive out
the infidels, and to purify Islam. They're not elected. It's
a theocracy. They mean what they say. Four presidents have
said Iran can't have a nuclear weapon.
Speaker 1 (25:45):
It will be Donald J.
Speaker 5 (25:46):
Trump who makes that a reality period. All we need
to do is help Israel finish the last site and
wait and see what happens after that.
Speaker 3 (25:58):
Is that in your mind, and obviously protecting our interests
in the region, Is that basically the job that you
want President Trump to accomplish. For example, there are other targets.
I mean, most of their refineries are on this one island,
and you can wipe out any ability of them in
the future to make money. The Israelis could do that
(26:20):
on their own. They don't need our help or assistance
for that. Certainly they can knock out their gas power
grid and the entire country will be without power. That's
another easy target because the Israelis own the sky over Iran.
So you know, once the nuclear component is out of
the way, I guess at that point it's going to
(26:42):
be up to Israel what they decide to do in
their conflict with Iran. And frankly, with all the weapons
they've fired into Israel, I wouldn't I wouldn't put it
past them to take.
Speaker 1 (26:51):
It all out.
Speaker 5 (26:52):
Well, so here's the question for Israel and really the world.
We can destroy their infrastructure to enrich uranium. There's one
site left, but as long as the regime is in power,
they'll rebuild it over time, and President Trump is not
going to be present forever. So the question for the world.
(27:14):
The largest state sponsor of terrorism is Iran. Under US law,
they have a policy to decimate Israel and to reshape
the entire path in a way to exclude US. Convert
or die is their ideology, wouldn't it be great for
the people of Iran and the world if this regime
(27:34):
went away, and people say, well, what will come next,
Here's what I'm going to tell you. The guy in
charge wants to kill all the Jews. He wants to
kill us. They beat a young girl of death on
a bus in Iran because she didn't cover her head.
I'm willing to risk it won't be any worse than
that guy. So the bottom line is I hope and
(27:54):
pray that the Iranian people will know freedom. It will
be up to them to take the rear down. But
Israel will not tolerate living this way anymore. The Jews
and Israel are oppressed by everybody around them. They have
lived in fear, they have lived in an oppressive environment
(28:17):
since this founding. October the seventh, children were murdered, women
are raped in front of their children. They've had it,
they should have it. I am tired of living this way.
To our friends in Israel, do what you have to
do to be safe, and they're making us safer. The
people they're fighting want to kill us two and to
all these people sitting in the sands. Second guests in Trump,
(28:40):
you have no idea what you're talking about you wouldn't
know the differman of Sunni and Ashia than anything. So
this is a religious deocracy. They're fanatics. They're dedicated to
killing all the Jews and coming after us. They meant
it when they say Israel, death of America. So I'm
hoping in praying we take their nuclear program down. Israel
(29:00):
wants to take the regime's ability to wage war down
by destroying their refineries, destroying their ability to wage war.
Speaker 3 (29:08):
So be it well at that point, if the United States,
in a joint military operation, helps take out this final
nuclear facility, then it really comes down to the Israelis
and how far they want to go. I don't think
President Trump has not expressed any desire for regime change,
even identified that they know where the Supreme Leader is,
(29:29):
but they're not going to kill him. But he did say,
and he has said consistently for now decades, that they
can't have a nuclear weapon and that would be in
the best interests of the United States. And at that
point the Israelis, I mean, after all that Iran has
done to murder and rape, and you're right on October seventh,
(29:49):
but it's an ongoing, never ending you know, missile barrage
funded by Iran and their proxies.
Speaker 5 (29:57):
Well, so President Trump has told the I told you
attack American bases or interest, that will be the end
of view. That will be regime change. If they come
after our forces in the region, that will be the
end of the Iahtolas. But put yourself in israel shoes
for a moment. What is the right response when people
lob rockets consistently at Savillean populations, They raide your country,
(30:22):
They murder, rape children, women, they have people hostage. What
would we do if one country, if a country sent
one rocket in to America, Well.
Speaker 3 (30:34):
I have to go one rocket. I've been making the
same argument. We would demand immediate military auction center. O.
Lindsey Graham, appreciate you being with us. It's going to
be an interesting week ahead, There's no doubt about it.
Eight hundred nine one, Shawn. If you want to be
a part of the program, right when we come back,
all things simple, man, We'll check in with Bill O'Reilly.
We'll get to your phone calls as well. Told free
(30:55):
it's eight hundred and ninety four one, Shawn. If you
want to be a part of the program, I will
President Trumpaco. Full coverage tonight nine Eastern on Heniday on
Fox News. As we continue,
Well, we have come in.
Speaker 2 (00:02):
To your city. I wanta way I get those saying
you a conscious cell. Will all be higher high til
and if you want a little banging, a union and
come along.
Speaker 3 (00:18):
But regime change is not the policy of the United States.
It is not the purpose of this attack. Yet we
refuse to accept a fascist America.
Speaker 4 (00:33):
You are the community to this president's chaos, and together
we build a future of opportunity and justice for all.
Speaker 2 (00:44):
Trado is back in style. Welcome, we have coming to
your city, going the way I get talis and saying
you a conscious sill.
Speaker 3 (01:00):
The New Sean Hennity Show more I'm the Scene's information
on freaking news and more bold inspired solutions for America.
Speaker 5 (01:11):
Coming up next our final News round Up and Information
Overload Hour.
Speaker 3 (01:16):
A news round Up Information Overload Hour. Our toll free
number is eight hundred and ninety four one Sean. If
you want to be a part of the program. If
you're following Jerome Powell the Fed share in any way, shape,
matter or form, it is clear he does not like
Donald Trump. To me, it's gotten personal, especially on the
(01:38):
issue of interest rates, because when you look at the
economy and you know all of the doomsday predictions have
fallen flat. And it's getting a little bit frustrating to
me because with what he is now, his incredible reluctance
and resistance to do any thing that would be wise
(02:01):
and smart to help the economy, it just defies logic
and common sense. Because every measure Trump is arguing that
the Fed's key borrowing rate should be at least two
percentage points lower. I agree with him, you know, and
sure enough, predictably, Powell, you know, when you know, goes
on and on repeating, regurgitating things that just never have
(02:23):
come to viruition. And I don't blame the president for
being unhappy, you know, And it is it just from
a from a financial standpoint, from the economy standpoint. You know,
if you look at Donald Trump, you know, every prediction
they made about what tariffs would do to the economy
and higher inflation, a massive unemployment, none of this has
(02:46):
come true. None of it. The CPI measure of inflation,
you know, is you know, for the twelve months ending,
you know, we we're now at the lowest levels we've
had in four years. Consumer confidence has never been high,
the number of jobs available for Americans that's never been higher.
And yet interest rates remain ridiculously high. And by the way,
(03:09):
the one area of the economy that is hurting as
a result of it is the home building industry. Because
interest rates are so high, nobody's going to give up
their three percent thirty year fixed rate mortgage to get
a seven or seven and a half percent thirty year
fixed rate mortgage. And you can't blame people if not
wanting to do that, is what Powell said in his announcement.
Speaker 6 (03:30):
Changes to trade, immigration, fiscal and regulatory policies continue to evolve,
and their effects on the economy remain uncertain. The effects
of tariffs will depend, among other things, on their ultimate level.
Expectations of that level, and thus of the related economic
effects reached a peak in April and have since declined.
Even so, increases in tariffs this year are likely to
(03:52):
push up prices and weigh on economic activity. The effects
on inflation could be short lived, reflecting a one time
shift in the level. It's also possible that the inflationary
effects could instead be more persistent. Avoiding that outcome will
depend on the size of the tariff effects, on how
long it takes for them to pass through fully into prices,
and ultimately on keeping longer term inflation expectations well anchored.
Speaker 3 (04:15):
Hi joining us now to respond. Joe Lavornia is with
US Treasury economist, and he's here to discuss Powell's inability
to step outside of his own political bias and help
the American people. He's also costing the country a fortune
because we're paying the higher interest rates as well. What's
your reaction to me, it's personal and political. Your thoughts, oh.
Speaker 1 (04:35):
Hi, Joan, thanks very much for having me as as
counselor to Secretary Best and we don't want to weigh
in on monetary policy, but you did raise a couple
of very key points, and that is under President Trump, inflation,
which is one of his primary goals on the campaign rallies,
he has delivered in spades. Inflation, as you've correctly said,
(04:59):
has come down white dramatically and is going to continue
to drop in all likelihood because of what it should
be imminent passage of the One Big, Beautiful Bill, which
will help expand the supply side of the economy and
continue to lift blue collar wages, which I'm not sure
if you saw this shown, but the White House to
put out earlier in the week, are growing at the
(05:21):
fastest rate for an initial term. I'm assuming that I'm
treating this a Trump term as basically a new term
because of the gap in between. It's the fastest five
month increase in real blue collar wages we've had on
record in the day to go back sixty years. So
there's a lot of good stuff there, and the President
deserves credit for it, you know.
Speaker 3 (05:41):
But I'm having a hard time understanding, and it seems personal.
If you look at the comments of Powell, the economy
has been resilient, and part of that is our stance.
So he's like he thinks he runs the economy, almost
like he believes he's president. Now he'll be out in
May of twenty six, and frankly, from my perspective, come Andy.
It can't come soon enough. I think the frustrating thing
(06:03):
is we have to wait that long and and maybe
Scott Bessing, his name has been floated as a possible
replacement the Treasury secretary. But somebody that understands the economy understands,
you know, we we we had a target rate, for example,
the inflation rate of two percent where to two point
one percent, so we reached that target rate. Joe Biden
brought that number up to nine point what four percent
(06:24):
or five percent, so it definitely played. You know, raising
interest rates temporarily had its place, but that time has
come and gone, and frankly the President is just you know,
apoplectic about it, and he stuck with this guy until
May of next year.
Speaker 1 (06:41):
The you know, it's when you talk about inflation, and
he was at a forty five year high under under
President Biden. And the tariffs and how inflation has come down.
I mean, it's remarkable how the the professional analytical community,
the professional forecasters has gotten the inflation wrong. So what
I can tell you is that and we've seen it
(07:01):
how resilient the economy is, and how oftentimes people when
they say certain things are going to happen, there's no
question you have to have higher prices because of tariffs.
And what we've seen, of course, is a terriff being
absorbed in the margins of the foreign sellers, and it's
happened as inflation's actually come down, which is which is
very positive. Youth economy Sean, as you know, is extraordinarily resilient.
(07:25):
And with the bill imminent passage of that, I we
should be we should be talking about three percent growth.
And I know you've talked here about the FED. But
the other thing I want to mention though, is when
people talk about deficits because of greasury.
Speaker 3 (07:38):
You know, we you did see the Atlanta Fed what
a two week and a half, two weeks ago, you know,
they have projected GDP growth of the second quarter. They
were up to four point six percent. I'm not sure
where it is today.
Speaker 1 (07:51):
Yeah, it's it's around, it's four maybe a little bit less.
A bounces around. But here's the thing is, we talk
about interest rates and debt and all these other things.
You know, the Congresional Budget Office, I believe it's just
much too pessimistic forecast. They're assuming the next ten years
the economy grows under two percent. If we're going to
start growing a three percent plus in the in the
(08:11):
third and the second quarter, maybe more, and that is
the new trajectory, which seems to me to be reasonable
because under President Trump's first term, before COVID, we were
growing at nearly three percent. Since then, productivity is accelerated.
We have an II in AI spending boom that this
bill coming through is going to lift CAPEX in an
even more meaningful way. We're going to generate faster growth,
which is give us faster revenues. And this is an
(08:33):
important point because they see so much financial press. It
just talks about these big, large deficits with no admission
that the assum that the assumed growth rate is too pessimistic,
and it's just sort of like the fear cells.
Speaker 3 (08:45):
We look, the Congressional Budget Office does not exactly have
the best track record. You know, one thing that it
seems nobody is factoring in is, for example, the Reagan
tax cuts or or the Trump tax cuts. What happens,
Revenues to the government increase, they don't decrease, and they
always backer that in as a decrease. For example, in
(09:06):
Reagan's term, revenues to the federal government doubled. He created
twenty one million new jobs. At the time, it was
the longest period of peacetime economic growth in history. The
first three years prior to COVID. In the Trump years,
the president created record low after record low unemployment for
every demographic in the country, African Americans, Hispanic Americans, Asian Americans,
(09:31):
women in the workplace, African American youth unemployment, gas prices
never once during his first term ever got above three
dollars an average per gallon. Gas prices are now down dramatically,
small business optimism, consumer confidences up dramatically. We have low inflation.
And the only thing that is that is showing signs
(09:53):
of trouble is directly related to the Fed's interest rate policy,
and that is home to And there's an easy explanation
for that. Who's going to give up a Would you
give up a three year, I'm sorry at thirty year
mortgage to get into a new home at at you know,
double the interest rate, you'd be doubling your payment. It's insane, right, No, So.
Speaker 1 (10:18):
Sure, now I understand your points, Sean, But you know,
here's the thing. Let's take ten year yields for a minute,
because I spent most of my career has been in
the private sector. And the good news, and kudos to
Secretary Best and and that is the we've gotten interest rates.
You know, interest rates. The market was very fearful right
around the Liberation Day that and shortly thereafter the ten
(10:39):
year yelds to move up to five percent. The good
news is the economy is booming. Market rates are in
the middle to maybe slightly below their recent range. As
inflation comes down more, the inflation component of that long
term interest rate will come down. And the good news
is market interest rates can still fall with President trump
(11:00):
policies and that will help homeowners and then hopefully over time,
you know, we'll see those other rates come down as well.
Speaker 3 (11:07):
Well. Once interest straights start coming down, it'll bring the
real estate market back up and there'll be a lot
of activity. But right now, people are going to hang
on to their low interest rate mortgage that they locked
in years ago. Is one of the things that we're
not factoring in here, and that is Donald Trump his
commitments because of his trade policies and the threat of tariffs,
(11:27):
brought this in of over ten trillion dollars. We've never
had commitments like that ever in our country's history before.
And that's new manufacturing inside of America, and that includes
things that are beneficial towards national security. That would be
pharmaceuticals and semiconductor chips, but also you know, revitalizing automobile
(11:49):
manufacturing in the country on top of you know, artificial
intelligence and new technologies all of that. I mean, aren't
they aren't all these industries going to be creating high
paying career jobs for people well, well.
Speaker 1 (12:03):
That's it. It's that's what the President's policies are designed
to do, is to bring back high value added manufacturing
that pay very high wages. And as you were, giving
a very accurate description of how things have been playing out.
As the Treasury Secretary has said, national security and economic
security are one and the same. They're very you know,
(12:23):
they're interconnected. And you know, we talk about interest rates
and getting interested needing you know, you know, people want
to interest rates lower, which I understand, but the people
should also know that the tariffs, which have not led
to any inflation, also right now we're generating around two
hundred billion dollars at an annual rate, and that number
may even be a lot higher. We're going to get
a number. We don't have the full numbers for June,
(12:45):
but the tariffs are bringing in a lot of revenue,
which also ties into the notion that the president wants
to rebalance trade, reindustrialize as you said, and of course
those those foreign capital commitments are also quite substantial.
Speaker 3 (12:58):
Yeah, all right, quick freak, welcome back. More with Treasury economists.
Joe Lavorgna is with us, and then we'll get to
your calls coming up eight hundred and nine to four
one Sean, if you want to be a part of
the program, continue with Joe Lavorgno talking about the economy,
and a very stubborn fed chair who will be replaced
in May of next year, can come soon enough. As
far as I'm concerned, what do you think Powell does
(13:21):
from here on out? Is he just gonna, you know,
be in this cold war with President Trump? And because
President Trump obviously disagrees with him, you know he's going
to show President Trump who's boss until May of next
year before we can have any hope of, you know,
significantly lower interest rates at a minimum. I think we
needed a fifty basis point reduction yesterday. In my view.
(13:43):
I think the economic numbers warrant that, and I think
that would be just the start. I personally agree with
the President. I think a one basis point reduction would
be appropriate too, and I think it would have the
added impact of jump starting the economy in ways that
people aren't even imagining. And if there's one big beautiful
bill comes in and manufacturing facilities. In other words, if
(14:05):
you build a facility, I think it's one hundred percent
you get a tax deduction in year one I mean
that that's going to incentivize everybody to build immediately.
Speaker 1 (14:14):
They're not going to wait, yeah, no, that's right. Well, yes,
it's You're exactly right on. It's one hundred percent expensing
a plant and equipment in addition to factories which we
even had before. That'll be very very supply side constructive,
meaning it's not going to cause inflation, actually bring inflation
down as the economy accelerates, which is what we saw,
(14:35):
as you mentioned earlier, under Reagan implicitly and also under
President Trump's first term, where we had effectively three percent
growth prior to the pandemic and inflation was two percent
or less. Look long term, that all support certainly low
interest rates, no question, broadly speaking, and you know I'm
an optimist, so I do expect the housing market to
(14:58):
recover over time, that affordability won't remain depressed. The income numbers,
the blue collar boom we've highlighted is certainly very positive.
So there are a lot of good things going on,
and I'm going to be hopeful Seawan that.
Speaker 3 (15:10):
Well, I mean, the added supply and the higher interest
rates and lack of activities is making home buying more
affordable for people maybe that's certainly good. But if you
really want to stimulate the home buyer market, the single
best thing you can do is you got to you
got to get these interest rates now, because they're too
(15:30):
high and people simply cannot afford to pay two thousand
dollars more for a monthly mortgage payment just because Jerome
Powell has an agenda and he doesn't like Donald Trump,
which is where I feel we're at here. It's to
me it's gotten personal. Am I wrong on that part?
Speaker 1 (15:46):
Sure? I can't comment on that. I mean, I I'd
rather not say. I mean, I understand your point, but well.
Speaker 3 (15:52):
I'd rather not say. Is it of a strong possibility?
Speaker 1 (15:56):
Well, here's what I would say again, I would say that.
Speaker 3 (15:59):
It seems per personal to me.
Speaker 1 (16:00):
Well, the I've not talked to the President or cheer
Power on that, but it seems to me though that
what we have right now is an environment where we've
got very good growth, inflation's coming down, that by itself
will pull long term interest rates down. You know, when
we talk about housing affordability, the income part is very powerful,
(16:23):
and that's something the President has directly all over, and
that's looking good home prices in some places have moderated,
but I do expect over Timeshewan, that you will see
affordability pick up, because you'll see market based rates come down.
Speaker 3 (16:37):
And you know we need I got to run, but
we need interest rates now. But Joe, I appreciate you
being here. I really do, my friend, God bless you,
and American people need some relief with this. You are
listening to the best of the Sean Hannity Show, and
stay tuned more memorable moments, interesting guests, and a lot
of fun coming up next twenty five Dons to the
(16:57):
top of the Hour, Punchline and Patriots that is a
week from this Saturday. And that's in Clearwater and Tampa.
That is at Ruth deckerd Hall. Tickets very limited seats left.
Same with Fort Lauderdale. That's the twenty ninth day after.
If you're interested, we'd love to have you. It's going
to be ir reverend crazy, fun and absolutely politically incorrect.
(17:21):
That much I can tell you now. We have gone
over the numbers. They are overwhelming, and that is you know,
if you look at even vague news CNN, you got
seventy nine percent of Democrats, seventy nine percent of Independence,
eighty three percent of Republicans, seventy nine percent of all
adults are saying the same thing, and that is they
(17:44):
oppose Iran obtaining nuclear weapons. I think the definitive poll
by Robert Kahelli of Trafalgar and an Insider Advantage head
Matt Towery. They did a joint poll and the question
was very pointed, what is your opinion of President Trump's
position that Iran must be prevented from develop a developing
(18:06):
a nuclear weapon by any means necessary. Seventy four point
four percent said that they approve and agree with that.
And we can go on to the Havid Harris poll
eighty five percent. Yeah, Tehran must never ever get the bomb. Now,
Israel has taken out two of the three sites, there's
(18:26):
one site remaining, and it seems that that site, the
Bordeaux site that we keep talking about, would need American
assistance to make this happen, and hence the decision that
the President will have to make. And I have every
confidence that the President understands he's been saying since twenty
(18:50):
eleven that Iran could not have a nuclear weapon. One
of the more bizarre conversations to arise out of this
is against maga. Donald Trump is against forever wars, You're right,
so am I I'm against forever wars, and with military technology,
I don't think they're ever going to be fought the
(19:12):
same way again. But it's the same Donald Trump that
took out Solomani on the tarmac and that was you know,
that was done, and all the predictions of doom and
gloom and retribution. Any military effort has risk associated with it,
But then you have to factor in the risk of
a nuclear armed Iran, the number one state sponsor of terror,
(19:33):
that has fired hundreds of thousands of missiles. They're firing
them right now into Jerusalem as we speak. They've been
firing him to heavily civilian areas, populated civilian areas like
Tel Aviv, and they have sworn to wipe Israel off
the map in the United States, off the map. They
have made these threats repeatedly. But it's also the same
(19:57):
Donald Trump that wiped out the Caliphate, the same Donald
Trump that took out Bagdaddy and associates. I'm not sure
how Some are saying that the mag of movement is
an isolationist movement, which means no involvement at all it's not.
It is no way contradictory to say that this one
remaining site needs to be taken out. And if it's
(20:18):
the United States at a time when their air defense
systems are down, it's the safest it's ever gonna be.
But there's always risk with any military operation. And take
it out and forever end the threat of iranium Mullah's
married to their sick converter die ideology, and forever remove
that threat of a modern day holocaust. To me, is basic,
(20:41):
simple common sense. Yeah, that also would be part of
the Trump doctrine, and Donald Trump is it's not inconsistent
if you take out those sites the way you took
out Solo Mony Bagdaddy and associates, and also the Isis
Caliphate and not have a forever war. Nobody wants that.
I definitely don't anyway. Senator Lindsey Graham, South Carolina is
(21:02):
with a senator, how are you good?
Speaker 5 (21:04):
Thanks so much for having me.
Speaker 3 (21:06):
Let's get your take on all of this. To me,
it's a window of opportunity. Their air defenses are down.
The President has been clear what his policy is. They
can't have a nuclear weapon. He's been saying it since
twenty eleven and hundreds of times since, it seems like
the moment is here.
Speaker 5 (21:24):
Yeah, the forever war is started in nineteen seventy nine
when the Ayatoa replaced the Shaw, they held our embassy
personnel hostage. Since nineteen seventy nine, Iran has been waging
war through Moses Blah and the Hoodies against Israel. They
have American blood on their hands. So that's the war
(21:46):
I'd like to end. And if you don't believe Iran
would use a nuclear weapon to destroy Israel, you're not
listening to what they're saying. If you don't believe they
would use a nuclear weapon to come after us to
infidel you're not listening to what they say. Hey, November
fourth and Iran is commonly referred to as Death to
America Day. In nineteen eighty seven, they made it a holiday.
(22:08):
That was the day they took over our embassy. We
have a military for a reason, to protect our way
of life, protect our homeland, and protect our allies. You know,
when my dad was drafted World War two, the term
was called the duration We're going to fight and we
beat the Nazis, took Berlin and took Tokyo, and we
did in this war. We're not going to have ground
(22:30):
troops and it won't last forever because we have the
capability to destroy the Iranian nuclear program working with Israel
fairly quickly. We're down to one site deep underground, about
a half a mile under the ground. We have technology
and bombs and capability.
Speaker 1 (22:46):
Israel doesn't.
Speaker 5 (22:47):
It is my advice to President Trump, help Israel finish
the job. Go all in to destroy the last nuclear site.
If we take this program on and we don't finish it,
it will be a disaster. Still I's finished the job.
Speaker 3 (23:03):
I agree with you, and I actually think that the
Israelis have done a spectacular job on their own. Now
we have to factor in that Iran and Iran through
their proxies. And I've been tot Israel a number of
times as you have been there, many many times, many
many times more than me. I mean, I went to
(23:23):
one border town with Gaza at the time, and I
think twenty fifteen had been hit with ten thousand rockets.
In ten years. They have withstood Huti rebel rockets, his
Bola rockets, Islamic Jihad rockets, Hamas rockets, Kuds forces, Iranian
Revolutionary Guards forces, helped develop the October seventh attack against Israel.
(23:45):
They provided the weaponry for that. They've been fomenting terror,
not just in the region, but around the world. There's
not a single country that wants to come to Iran's defense,
and we now find ourselves with a window of opportunity
to forever remove any possibility they'd have this weapon of
mass destruction married to their ideology. Now, how is that
(24:07):
any different than taking out Solomani by Dadian associates or
beating the Caliphate. I don't see that as inconsistent at all.
Speaker 5 (24:16):
Well, I think, yeah, you're dead right. The primary job
of beating Commander in chief President the United States is
to protect us our homeland from existential threats and to
protect our allies, and we have no better allies than
the state of disrals. Iran has nine hundred pounds of
highly enriched uranium that could make about a dozen bombs
(24:38):
if they went to the last mile. They're at sixty percent.
To get to ninety percent is weeks, not years. They
have one Savinan reactor. They haven't used any of the
enriched uranium to run that reactor. They get their fuel
from Russia. So this is weapon grade material and large quantity.
They've been doing this for decades, and their goal is
(25:01):
to develop a nuclear weapons force to use as part
of their ideology. I don't think Rocketman's going to attack America.
I don't believe Putin's ambition is to destroy Israel, destroy
the United States, nor I believe that about China. I
think they're mercantile. I think they're an adversary. But I
believe this regime is founded on a religious ideology that
(25:25):
makes them religious Nazis. They're being told by their version
of Islam to destroy the Jewish state, to drive out
the infidels, and to purify Islam. They're not elected. It's
a theocracy. They mean what they say. Four presidents have
said Iran can't have a nuclear weapon.
Speaker 1 (25:45):
It will be Donald J.
Speaker 5 (25:46):
Trump who makes that a reality period. All we need
to do is help Israel finish the last site and
wait and see what happens after that.
Speaker 3 (25:58):
Is that in your mind, and obviously protecting our interests
in the region, Is that basically the job that you
want President Trump to accomplish. For example, there are other targets.
I mean, most of their refineries are on this one island,
and you can wipe out any ability of them in
the future to make money. The Israelis could do that
(26:20):
on their own. They don't need our help or assistance
for that. Certainly they can knock out their gas power
grid and the entire country will be without power. That's
another easy target because the Israelis own the sky over Iran.
So you know, once the nuclear component is out of
the way, I guess at that point it's going to
(26:42):
be up to Israel what they decide to do in
their conflict with Iran. And frankly, with all the weapons
they've fired into Israel, I wouldn't I wouldn't put it
past them to take.
Speaker 1 (26:51):
It all out.
Speaker 5 (26:52):
Well, so here's the question for Israel and really the world.
We can destroy their infrastructure to enrich uranium. There's one
site left, but as long as the regime is in power,
they'll rebuild it over time, and President Trump is not
going to be present forever. So the question for the world.
(27:14):
The largest state sponsor of terrorism is Iran. Under US law,
they have a policy to decimate Israel and to reshape
the entire path in a way to exclude US. Convert
or die is their ideology, wouldn't it be great for
the people of Iran and the world if this regime
(27:34):
went away, and people say, well, what will come next,
Here's what I'm going to tell you. The guy in
charge wants to kill all the Jews. He wants to
kill us. They beat a young girl of death on
a bus in Iran because she didn't cover her head.
I'm willing to risk it won't be any worse than
that guy. So the bottom line is I hope and
(27:54):
pray that the Iranian people will know freedom. It will
be up to them to take the rear down. But
Israel will not tolerate living this way anymore. The Jews
and Israel are oppressed by everybody around them. They have
lived in fear, they have lived in an oppressive environment
(28:17):
since this founding. October the seventh, children were murdered, women
are raped in front of their children. They've had it,
they should have it. I am tired of living this way.
To our friends in Israel, do what you have to
do to be safe, and they're making us safer. The
people they're fighting want to kill us two and to
all these people sitting in the sands. Second guests in Trump,
(28:40):
you have no idea what you're talking about you wouldn't
know the differman of Sunni and Ashia than anything. So
this is a religious deocracy. They're fanatics. They're dedicated to
killing all the Jews and coming after us. They meant
it when they say Israel, death of America. So I'm
hoping in praying we take their nuclear program down. Israel
(29:00):
wants to take the regime's ability to wage war down
by destroying their refineries, destroying their ability to wage war.
Speaker 3 (29:08):
So be it well at that point, if the United States,
in a joint military operation, helps take out this final
nuclear facility, then it really comes down to the Israelis
and how far they want to go. I don't think
President Trump has not expressed any desire for regime change,
even identified that they know where the Supreme Leader is,
(29:29):
but they're not going to kill him. But he did say,
and he has said consistently for now decades, that they
can't have a nuclear weapon and that would be in
the best interests of the United States. And at that
point the Israelis, I mean, after all that Iran has
done to murder and rape, and you're right on October seventh,
(29:49):
but it's an ongoing, never ending you know, missile barrage
funded by Iran and their proxies.
Speaker 5 (29:57):
Well, so President Trump has told the I told you
attack American bases or interest, that will be the end
of view. That will be regime change. If they come
after our forces in the region, that will be the
end of the Iahtolas. But put yourself in israel shoes
for a moment. What is the right response when people
lob rockets consistently at Savillean populations, They raide your country,
(30:22):
They murder, rape children, women, they have people hostage. What
would we do if one country, if a country sent
one rocket in to America, Well.
Speaker 3 (30:34):
I have to go one rocket. I've been making the
same argument. We would demand immediate military auction center. O.
Lindsey Graham, appreciate you being with us. It's going to
be an interesting week ahead, There's no doubt about it.
Eight hundred nine one, Shawn. If you want to be
a part of the program, right when we come back,
all things simple, man, We'll check in with Bill O'Reilly.
We'll get to your phone calls as well. Told free
(30:55):
it's eight hundred and ninety four one, Shawn. If you
want to be a part of the program, I will
President Trumpaco. Full coverage tonight nine Eastern on Heniday on
Fox News. As we continue,
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