June 14, 2022 • 27 mins
All of America's problems come down to energy independence....which we had just a few short years ago! We can get back there... Sean shares his ideas on what needs to happen next.
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Speaker 1 (00:00):
Day number three hundred and four, day three hundred and four.
You can do the math and add thirteen to that,
and that's how many days Joey promised he would not
abandon Americans, and yes he did. We're gonna get news
tomorrow about what the FETE is going to do with
(00:21):
interest rates. Now there's predictions out there all over Wall Street,
and banks are making their predictions that, you know, we
might go up a half a point but basis points
in other words, a half a point venturest rates or
four percent which or five percent, there will be five
and a half or three quarters of a point rate
increase to again cool the economy. The impact on this
(00:47):
economy is going to be deep. It is going to
be dramatic. And the saddest part of this is you
would think, Okay, they already had two half point increases
and now we're gonna have a third one and no,
people like Goldman Sacks are predicting in the next two
years ten eleven rate increases. So you might think interest
(01:07):
rates are high because they were historically low. These rates
today are gonna look like fantastic rates probably a year
or two years from now. And and the thing is
is what the experts are telling us is this is
going to be a long, long haul. You know, I
saw a sad story today. I think it's Fox twenty
(01:29):
six in Houston put out this report. Ted Cruz was
quoted in it, and it talked about their consumer reporter
and with skyrocketing inflation tanking stock market, many retirees that
thought that they thought they were good, they thought they
were safe. You know, we've watched what happened to the
(01:50):
stock market the last three days. It's even down a
couple of hundred today, not as bad as bleeding. My
prediction is wait till tomorrow. I can only imagine what
it's going to be like tomorrow. The highest inflation in
forty one years. Gas prices now, what is it? Five
dollars and twelve cents a gallon eighteen consecutive days, up,
record high gas price after record high gas prices, and
(02:13):
now people, you know, I always talk about the who's
getting hurt the most? Here our fellow Americans, poor Americans,
middle class Americans, people on fixed incomes, They're getting crushed.
Now you look at this story that I've picked up
Fox twenty six. Skyrocketing inflation, tanking stock market, robust job market, which,
(02:34):
by the way, the job market's about to cool very quickly.
If you're looking for a job, do it now. Humble
advice from your friendly talk show host. Anyway, the Labor
Department points out one and a half million retirees have
gone back to work. It's being called the unretirement trend.
(02:55):
And now these are people that thought, Okay, I've worked
my whole life retiring, I'm sixty seven, I'm seventy years
or whatever it is. And I've got my Social Security,
i got my life savings, I got my IRA, I
got my retirement account, most of which are tied to
the stock market, which is now tanking. And I got
all this and I'm good. You know what, I can
(03:17):
live a comfortable lifestyle, you know, as long as I
live within my means. Now they have to now revisit
and recalculate every part of this. And this is what
is infuriating me is you know, this is the party,
the Democratic Party, that says that they care about working people,
(03:38):
they have a monopoly of compassion on the poor and
the middle class and minorities. No, because they don't, their
policies are killing them. Look, I played these tapes yesterday
I'm gonna play him again now, and I'm telling you why,
because if you care about the high cost of gasoline
(03:59):
and the high cost of diesel, which you know, trucking
companies have to pass the costs onto consumers, the cost
of production of goods. Companies are getting creative so they
don't want to raise prices. So instead of getting thirty
two ounces of whatever drink you love, you're getting twenty
(04:21):
eight or twenty seven. They're shrinking the size of their
packages just so they don't have to charge you more money.
I mean, and you can't blame them. They're trying to
make You've got to understand the position they are in.
They're not in business as a charity. They're in business
to make money, to provide goods and services that we
consumers want, need and desire, and they're doing their job.
(04:44):
They're happy with normal profit margins. They want to they
want a price point that makes it affordable so they
can sell as much as possible. So they want to
be competitive, and most of the businesses, most products have
competitors out there. But if you really, if you want
to take a bite out of this forty one year
high of inflation, if you really want to fix it,
(05:07):
You got to look at the energy part of this
equation because that is at the heart of it. The
single biggest blunder, and they've had a lot of them, Afghanistan,
the borders. I can go on and on. It is
the single biggest driver of high inflation in the country.
And Donald Trump knew it. And Biden doesn't care because
(05:29):
he cares more about the climate alarmists in the religious
cult that is the modern New Green Deal Democratic Socialist Party.
He doesn't care. We stay see the pain that every
American is going through that the obvious answer would be
to produce more energy, increase the world supply. This is simple,
(05:52):
basic fundamental economics here. You don't need an MIT degree,
you don't need to go to Harvard Business School, Yale
Business It's it's simple supply and demand, criss cross and
dictate the price. Joe Biden as president made decisions about
energy that are now it have put us all in
(06:15):
a position economically where two thirds of the country are
barely making ends meet and living paycheck to paycheck. Now,
the thing that most people don't know, if you would
lower the price, if you'd increase the supply, he artificially
reduced the supply of energy because of climate alarmist religion,
(06:36):
his cult. So by reducing, well, you reduced the supply
and the net result of that is demand remains the
same or goes up. Well, what's going to happen to
the price. You don't need an economics degree to know
the price is going to increase dramatically. Now we're all
feeling it. Five dollars twelve cents on average a gallant
(06:58):
of gasoline today, diesel is more. Why is diesel important
because every truck that delivers all the goods to every
store we shop at, now they had now paying twice
what they were paying to fill up their their their
rigs and get these products to the store. So they've
got to charge more for delivery, just like airlines have
(07:19):
to charge more for flights because jet fuel is more
expensive than ever. That's why you see, you know airline
prices going sky high. All of this is preventable, but
Joe Biden promised he would do this. Listen to Joe Biden,
We suckus, we're all dead. Do anywhere with any subsidies
(07:41):
for fossil fuels. Number one, Number two holding them liable
for what they have done particularly in those cases where
you're underserved neighborhoods and you know the deal. Okay. And
by the way, when they don't or they delivery, will
put them in jail. You know, I want you to
just take a look. Okay, you don't have to agree,
(08:01):
but I want to look in my eyes. I guarantee you.
I guarantee you We're going to end fossil fuel and
I am not going to cooperate with Would there be
any place for fossil fuels, including coal and fracking in
a Biden administration, No, we would. We would work it out.
We would make sure it's eliminated. Eliminated. Now, this came
(08:25):
up in one of the debates and Donald Trump called
out Biden for saying the world's going to transition away
from oil the oil industry. Listen to this exchange. He's
in other words, he told you everything he was gonna do.
We should have listened. Would do would transition from the
oil industry? Yes, transition. That is a big statement, because
(08:49):
I would stop. Why would you do that because the
oil industry pollutes significantly. I said, here's the deal. But
if you let me finish the statement, because it has
to be replaced by renewable energy over time, over time,
and I'd stopped giving to the oil industry, I'd stopped
giving them federal subsidies. He won't get federal subsidies to
(09:11):
the gas. I should shoot me to the solar and wind. Yeah,
why are we giving it to oil industry? We actually do.
That's maybe the biggest statement in terms of business. That's
the biggest statement, because basically to destroy the oil industry.
Will you remember that Texas Week, remember that Pennsylvania, Oklaholia?
(09:34):
He said it, they did it. And this is the
position we're in. And it gets worse because now he's
begging Iran, and he's begging that murdering dictator thug in Venezuela,
and he's going to meet with the Saudis and beg
them so much for the principles over the Kashogie murder, right,
and he's begging Opec. OPEC finally decided to increase production
(09:57):
because at one hundred and twenty plus dollars a barrel
of oil, they're making so much damn money and they
think we're idiots, and they're not wrong. Our leadership is
full of idiots, and we're all paying the price for
us now. One last thing. I want to play it
again because Donald Trump predicted exactly what would happen to
the price of gasolete just in case you forgot. We
(10:21):
have more oil than anybody, Okay, and it's an incredible
thing that it's happened over the last few years, a
lot of great things. And you're paying what two dollars
a gallon for your gasoline. That's okay, you know what
that's like. That's like a tax cut. That's bigger than
a tax cut. If Biden gut in, you'd be paying
seven dollars, eight dollars, nine dollars in this they get
(10:42):
rid of your car. Yeah. What did Joe Biden do
when he got elected? Exactly what he said he would do.
Killed off the Keystone XL pipeline. The Alberta premier said
it would be done by now and we every day
would be importing nine hundred thousand arrows of Canadian oil
every day. That would lower the price of gasoline, That
(11:04):
would help lower inflation. That would prevent us maybe from
begging Iran and Venezuela and Opec to produce more. He
banned drilling in anoir it's a vast wilderness. We have
so much in terms of oil natural resources. There we
can supply this country for hundreds one hundred plus years,
natural gas hundreds of years. He restricted fracking, he slowed
(11:27):
down production with a slew of new regulations. He curbed
domestic production. He's more than happy to beg all these
other Why is he want to make a Rand rich again?
Why so they can continue the nuclear program and threaten
us with real nuclear weapons. Why are you helping Venezuela.
Why are you helping Saudi Arabia? Why are you helping
(11:48):
the OPEC nations when we have all the resources we'd
ever need. Why are you begging? How is it different
to the planet Earth. If you drove for oil here
or anywhere else in the world, you keep high paying
career energy jobs. It's good for national security, not to
beg others for the lifeblood of our economy. Similarly, it
(12:09):
will drive inflation down dramatically. It increase the supply, It
lowers the price that takes. That relieves all of us.
When we go to fill up our cars at the
gas station, you know, we pay less for diesel. That
lowers the price of the products that are delivered to
every store we go to. It's simple, basic American common
(12:31):
sense that I guess isn't so common anymore. What's the
definition of insanity? Because that's what we're living through. And
so it compromises national security, eliminates high paying career jobs.
It does nothing to increase the world supply except we're
making every other country that hates us rich again. I
mean it, we could lower inflation. The greatest opportunity to
(12:55):
lower inflation, the greatest, the biggest hardship on American the
American people is inflation and the high cost of energy.
You can't heat and cool your home the way you want.
I mean it is devastating the poor, the middle class,
people on fixed incomes. And the saddest part is not
one of these idiots has had an enlightened moment to say, oh,
(13:19):
maybe we should do it here. Because the wind, the solar,
you know, the clean energy that he wants to replace
oil and gas with, they don't have that technology yet,
so he's gonna import it. Was still drilling for oil.
Mother Earth is still impacted. And that's how dumb Democrats are.
(13:40):
And that's why this will be a way of election
in November. Accountable Sean gets the answers. No one else
(14:04):
does America deserves and know the truth about Congress. I
had twenty five to the top of the hour, eight
hundred nine one sewn our number if you want to
be a part of the program. So Linda, it's been
let's say, gently reminding me by the hour pretty much
that today is flag Day and she's a big fan.
(14:28):
I don't know the group myself. I've only learned about
it in the last air two. Uh. It's flagpole of
freedom dot com as a website, and it's I'll give
you a minute, go ahead talk about it. You're obsessed
with it. I love the idea that people have their
flags up. Um. You know, I don't know if I
told you this, but sweet baby James and my sister
(14:52):
for my house gave me a huge, big, beautiful flagpole
with a light on. I mean, it's I should take
a picture of it and tweet it out, but I'm beautiful.
You can send it to me and I'll tweet it out.
Because you don't have access to your Twitter, I don't
have access to That's true. I'm happy to do that
for you if you send me, But you know what,
I don't want to do it because you know I'm
trying to be an undisclosed locations at all time because
(15:14):
so many people want to kill me today, but go ahead.
It's actually really said. So yeah, I'm full disclosure. These
guys are fantastic. I'm obsessed with what they're doing. It's
a project like none other. It's the Fly Pole of
Freedom Park. It's in Columbia Falls, Maine. The plan is
to have this amazing project up and running for the
two hundred and fiftieth birthday of our nation in twenty
(15:37):
twenty six July fourth. It will fly. This park will
fly the world's largest flag. It's bigger than a football field.
It would be the world's largest tallest flagpole. It would
stand higher than the Empire State Building. And it has
these remembrance walls that honor all twenty four million US veterans.
It's going to give thousands and thousands of job to
a very impoverished area of Maine. There will be restaurants, shops, museums.
(16:01):
There's a hotel at the park, amazing cabins. It's a
place where you can go with your kids, and it's
in a beautiful just planning on going. Oh I'm gonna go,
I'm gonna be what's called a park founder. So they
have this awesome program where you contribute eleven dollars a month,
which is two cups of coffee for those of you
who love it as much as I do, And you
pay eleven dollars a month and you become a park founder.
(16:23):
And it's a limited availability. There's not going to be
a ton of openings to be a park founder. But
we're trying to get this entire park built by Americans.
You know, something that we can be a part of
history and look at our flag as something that is
unifying us as a nation as opposed to the divisive
way that many are trying to look at it. You know,
this has been something that has been you know, the
guys who stormed the beaches of Normandy, who put their
(16:46):
flag down in Vietnam, you know, on the remains of
those who perished in nine to eleven. You know, the
flag has always been a symbol of hope. Iwashima, the
flag at nine to eleven. I mean, and what does
yeah and what does it mean to you? You know,
I mean what does it mean to so many people?
You know, it stands for the civil rights movement, it
stands for women's suffrage. It stands for oak glory. It
(17:07):
stands for all of them men and women who give
their lives, you know, and and pay that sacrifice by
not being with their families, serving overseas, serving here at home,
but also just illuminating our freedoms here that I think
we take for granted every single day. And for those
of us right now who can't get baby formula, who
can't get feminine hygiene products, who can't fill up their gas,
who can't be for their mortgage, you realize how scary
(17:30):
it is. So go to Flagpole and check it out. Yeah,
it's Flagpole of Freedom dot com. Okay, and we'll put
it up on Hannity dot com. Oh, put a link up. Yeah,
well I think they're ready. Is one as a matter
of fact? Yes, um, all right, um, I like that.
And you'll see it tonight on Hannity because you're gonna
I can't guarantee I'm gonna visit, but I mean, oh,
you're gonna visit. We're gonna do shows there. It's big enough.
(17:51):
I mean, oh, it's going to be fantastic out without
my knowledge. This is what I'm here for. I'm here
to make plans with you Sean, it's going to be great.
We're gonna do it at the flag full of freedom.
Everyone has control over my life with me. That's the House.
By the way, did just pass the Senate bill providing finally,
and it took Nancy Pelosi a month to security for
(18:15):
Supreme Court justice families. Maybe now they should walk back
their approval of doxing Supreme Court justice's homes, especially in
light of the assassination plot to kill Justice Kavanaugh, in
light of the doxing of the School of Justice Amy
Coney Barrett, and the doxing of the church. Quote we're
(18:37):
told she goes through every day, which is like, okay,
what do you want to tell somebody that's unhinged to go,
you know, take out a Supreme Court justice. It's really sick,
and it's sick that it took so long for this
to get past. But pressure finally paid off. So the
Dow jones down again today. I don't have the number
(18:59):
in front of me right now, but it's been down
a couple one hundred points, you know, down nearly three
thousand points in the past five days. All the gains
that came. Remember Joe Biden was brod well. Look at
the stock market under me. Okay, well, the stock market
under you is now right back to where you inherited
it from Donald Trump. And by the way, the stock
(19:20):
market the last guy's measure of everything. Yeah, it's about
twenty percent of higher was there. And after record after
record on my watch, record after record after record, gas
prices eighteen days in a row, and Joe's answering he's
going to go to Saudi Arabia. That's so embarrassing. I mean,
(19:40):
you can't screw up an economy more than this. How
back to the you know, now, we have these retirees
they thought they could retire, and you know it's this
woman they talk about, this woman that works. Her name
is Karen Cooper. She returned to work, she was retired.
And anyway, she's pointing out how all these retirees are
facing life changes challenges because they're usually going to fixed income.
(20:03):
All right now, if you're paying on average six thousand
dollars more per family because of Biden inflation, and if
you drive your card, you know, an extra two grand
plus a year in gas prices, that's a lot of money.
She points out, I pay eighty bucks to fill up
my tank. The job now is supplemented my income my
husband just passed away. It's helped me in a lot
(20:26):
of different ways. And she actually works helping other retirees
find jobs as well as they're now you know, in
droves beginning to return to the workplace, by the way,
not where they want to be. They retired for a reason.
They've already put in their fifty years of hard work.
You know. Now they have to go get back into work.
And maybe they're gonna like it, some of them, but
a lot of them are not liking it because of
(20:48):
the horrific economic and energy policies of Joe Biden. You know,
you got the Democrats, their media co conspiritors, you know,
silent as you know, pregnancy sent pro life groups suffered
repeated violent attacks. This was in the Federals over the weekend.
I didn't see this. A pregnancy center in Gresham, Oregon
(21:10):
was set ablaze and an incendiary device thrown through a window.
That's a third case that I know of a Mother's Day.
The Oregon Right to the Life office was set on
fire with two Molotov cocktails. The same day, a pro
life group in Madison, Wisconsin also was targeted with a
molotov cocktail and vandalism reading. If abortions aren't safe, then
you aren't either. Like, wow, they're just a few of
(21:34):
the twenty three attacks carried out so far on pregnancy centers, churches,
pro life groups since the draft of the Supreme Court
Dobb's decision was leaked on May second, and then of
course the approval of Democrats say okay, no, no, no no,
no problem doxing the homes of Supreme Court justices. In
other bad news, Caterpillar, which is out of Illinois, they're
(21:57):
now going to move their corporate headquarters from Illinois, Texas.
Why do you think they're leaving? Why do you think
Californians now, for the first time in one hundred and
seventy years, have had a net decrease in population. Why
is it fifty nine percent of people that live in
New Joysey want to leave New Joysey fifty nine percent?
Why why is there a mass exitus out of New
(22:20):
York for the Carolinas and Tennessee and Florida. The answers
are obvious. You know, Caterpillar announced that they're going to
relocate from Deerfield, Illinois, to an existing operation in Irvine, Texas. Separately,
Boeing announced in May that they're going to relocate headquarters
from Chicago to Arlington, Virginia. Though it will maintain some
(22:41):
presence in the Windy City, they're leaving because they can't
afford to stay there anymore. It's a hostile environment for businesses.
Producer price inflation is now hit double digits. New numbers
out for the third month in a row. Just when
you thought economic news couldn't get any worse, produced price
inflation for May came out as of today that its
(23:05):
producer price index, it measures inflation at the wholesale level
before it reaches you, the consumer, or before it even
reaches you. It climbed ten point eight percent the reading,
which is near record high of eleven point five percent
that we had in March, suggesting inflationary pressures on the economy. Yup,
they remained strong. Overall, prices of goods jumped dramatically and
(23:28):
again last month, the fifth consecutive rise, the biggest contributor
to the headline inflation figure. We're all feeling it. Mortgage
applications fall to a twenty two year low. What does
that mean? Now? We're going to get a rate increase tomorrow?
Point five percent, point seven five percent basis points, whatever
you want to call it. But what does that mean? Okay,
(23:50):
new home building is gonna stop. It's going to come
to a screeching halt because people are not going to
be able to afford the home they otherwise would have
been able to afford when interest rates were lower. And
whatever rate increase we get tomorrow, if you believe Goldman Sachs,
there's still seven more eight more that they're predicting is
(24:11):
going to come in the next two years, but a
twenty two year low. Now, what's going to happen when
interest rates go up? Home sales they're gonna stop dead
in its tracks, except for probably states like Texas and
Florida and Tennessee and the Carolina is maybe not as
they won't get hit as bad. But when that happens.
(24:33):
But what's going to happen, demand is going to shrink.
People can't afford the increase in price because of the
rising interest rates. That means existing home sales are going
to drop dramatically, dow you know, plunges, you know, nearly
three thousand points in a week. Biden has lost total
control of inflation, and he's also rightly lost the trust
(24:53):
of the American people. Doesn't know what the hell he's doing.
The announcement that they're doubling down on dumb and and stupid,
which is, let's go beg other countries to produce the
oil that we have in abundance. It's incredible and so
more and more. You know. White House says Americans are
well positioned to face these challenges because of economic historic gains.
(25:15):
All the gains that you made are gone, Joe. People
can't afford what they're even what they were used to
paying at the grocery store. They can't afford the same items.
What part of this you guy is not getting? But
no climate alarmism? Their religious cult comes first. Biden used
to brag about how well the stock markets doing under him. Yep,
(25:38):
all the gains gone, triple A, gas prices keep creeping up.
You know. Biden to meet with the Crown Prince now
is he gonna Is he gonna bring up the Kashogi issue?
How much do you want to bet that big tough guy,
I'll take you behind the barn and beat the crap
out of you, or garage and beat the crap out
of you. Biden is not gonna bring up Kashogi, which
you brought up in the campaign. He's gonna be on
(26:00):
his hands and knees basically pleading and begging for help
because God forbid we produce our own oil and gas here.
That will only piss off his radical climate alarmist religious
cult base, New Green Deal base, even Larry Summers. He
is warning the risk of recession next year. So far,
(26:21):
he's been right in every prediction. In case you're taking notes,
and that's Obama's economic advisor, the thing that they should
do is immediately start production. Go back to the Trump
energy independence policies. In other words, you gotta go backwards
and everything Joe did when he got into office, he
needs to do a reversal. In other words, bring back
(26:44):
the Keystone Xcel pipeline, stop the ban on drilling an Anmar,
lift that band. You need to stop the pause on
all new gas and oil permits on federal lands. You
need to stop your restrictions on fracking, and you need
to stop the slowdown of production of with all these
regulations you put in place. That's what they need to do,
(27:05):
But that's what they're not going to do because their
religious cults, their indoctrination tells them we're going to get
green new energy, you know, efficiency and energy independence with renewables.
What are they, where are they? So in the short
term we're all going to suffer.
Day number three hundred and four, day three hundred and four.
You can do the math and add thirteen to that,
and that's how many days Joey promised he would not
abandon Americans, and yes he did. We're gonna get news
tomorrow about what the FETE is going to do with
(00:21):
interest rates. Now there's predictions out there all over Wall Street,
and banks are making their predictions that, you know, we
might go up a half a point but basis points
in other words, a half a point venturest rates or
four percent which or five percent, there will be five
and a half or three quarters of a point rate
increase to again cool the economy. The impact on this
(00:47):
economy is going to be deep. It is going to
be dramatic. And the saddest part of this is you
would think, Okay, they already had two half point increases
and now we're gonna have a third one and no,
people like Goldman Sacks are predicting in the next two
years ten eleven rate increases. So you might think interest
(01:07):
rates are high because they were historically low. These rates
today are gonna look like fantastic rates probably a year
or two years from now. And and the thing is
is what the experts are telling us is this is
going to be a long, long haul. You know, I
saw a sad story today. I think it's Fox twenty
(01:29):
six in Houston put out this report. Ted Cruz was
quoted in it, and it talked about their consumer reporter
and with skyrocketing inflation tanking stock market, many retirees that
thought that they thought they were good, they thought they
were safe. You know, we've watched what happened to the
(01:50):
stock market the last three days. It's even down a
couple of hundred today, not as bad as bleeding. My
prediction is wait till tomorrow. I can only imagine what
it's going to be like tomorrow. The highest inflation in
forty one years. Gas prices now, what is it? Five
dollars and twelve cents a gallon eighteen consecutive days, up,
record high gas price after record high gas prices, and
(02:13):
now people, you know, I always talk about the who's
getting hurt the most? Here our fellow Americans, poor Americans,
middle class Americans, people on fixed incomes, They're getting crushed.
Now you look at this story that I've picked up
Fox twenty six. Skyrocketing inflation, tanking stock market, robust job market, which,
(02:34):
by the way, the job market's about to cool very quickly.
If you're looking for a job, do it now. Humble
advice from your friendly talk show host. Anyway, the Labor
Department points out one and a half million retirees have
gone back to work. It's being called the unretirement trend.
(02:55):
And now these are people that thought, Okay, I've worked
my whole life retiring, I'm sixty seven, I'm seventy years
or whatever it is. And I've got my Social Security,
i got my life savings, I got my IRA, I
got my retirement account, most of which are tied to
the stock market, which is now tanking. And I got
all this and I'm good. You know what, I can
(03:17):
live a comfortable lifestyle, you know, as long as I
live within my means. Now they have to now revisit
and recalculate every part of this. And this is what
is infuriating me is you know, this is the party,
the Democratic Party, that says that they care about working people,
(03:38):
they have a monopoly of compassion on the poor and
the middle class and minorities. No, because they don't, their
policies are killing them. Look, I played these tapes yesterday
I'm gonna play him again now, and I'm telling you why,
because if you care about the high cost of gasoline
(03:59):
and the high cost of diesel, which you know, trucking
companies have to pass the costs onto consumers, the cost
of production of goods. Companies are getting creative so they
don't want to raise prices. So instead of getting thirty
two ounces of whatever drink you love, you're getting twenty
(04:21):
eight or twenty seven. They're shrinking the size of their
packages just so they don't have to charge you more money.
I mean, and you can't blame them. They're trying to
make You've got to understand the position they are in.
They're not in business as a charity. They're in business
to make money, to provide goods and services that we
consumers want, need and desire, and they're doing their job.
(04:44):
They're happy with normal profit margins. They want to they
want a price point that makes it affordable so they
can sell as much as possible. So they want to
be competitive, and most of the businesses, most products have
competitors out there. But if you really, if you want
to take a bite out of this forty one year
high of inflation, if you really want to fix it,
(05:07):
You got to look at the energy part of this
equation because that is at the heart of it. The
single biggest blunder, and they've had a lot of them, Afghanistan,
the borders. I can go on and on. It is
the single biggest driver of high inflation in the country.
And Donald Trump knew it. And Biden doesn't care because
(05:29):
he cares more about the climate alarmists in the religious
cult that is the modern New Green Deal Democratic Socialist Party.
He doesn't care. We stay see the pain that every
American is going through that the obvious answer would be
to produce more energy, increase the world supply. This is simple,
(05:52):
basic fundamental economics here. You don't need an MIT degree,
you don't need to go to Harvard Business School, Yale
Business It's it's simple supply and demand, criss cross and
dictate the price. Joe Biden as president made decisions about
energy that are now it have put us all in
(06:15):
a position economically where two thirds of the country are
barely making ends meet and living paycheck to paycheck. Now,
the thing that most people don't know, if you would
lower the price, if you'd increase the supply, he artificially
reduced the supply of energy because of climate alarmist religion,
(06:36):
his cult. So by reducing, well, you reduced the supply
and the net result of that is demand remains the
same or goes up. Well, what's going to happen to
the price. You don't need an economics degree to know
the price is going to increase dramatically. Now we're all
feeling it. Five dollars twelve cents on average a gallant
(06:58):
of gasoline today, diesel is more. Why is diesel important
because every truck that delivers all the goods to every
store we shop at, now they had now paying twice
what they were paying to fill up their their their
rigs and get these products to the store. So they've
got to charge more for delivery, just like airlines have
(07:19):
to charge more for flights because jet fuel is more
expensive than ever. That's why you see, you know airline
prices going sky high. All of this is preventable, but
Joe Biden promised he would do this. Listen to Joe Biden,
We suckus, we're all dead. Do anywhere with any subsidies
(07:41):
for fossil fuels. Number one, Number two holding them liable
for what they have done particularly in those cases where
you're underserved neighborhoods and you know the deal. Okay. And
by the way, when they don't or they delivery, will
put them in jail. You know, I want you to
just take a look. Okay, you don't have to agree,
(08:01):
but I want to look in my eyes. I guarantee you.
I guarantee you We're going to end fossil fuel and
I am not going to cooperate with Would there be
any place for fossil fuels, including coal and fracking in
a Biden administration, No, we would. We would work it out.
We would make sure it's eliminated. Eliminated. Now, this came
(08:25):
up in one of the debates and Donald Trump called
out Biden for saying the world's going to transition away
from oil the oil industry. Listen to this exchange. He's
in other words, he told you everything he was gonna do.
We should have listened. Would do would transition from the
oil industry? Yes, transition. That is a big statement, because
(08:49):
I would stop. Why would you do that because the
oil industry pollutes significantly. I said, here's the deal. But
if you let me finish the statement, because it has
to be replaced by renewable energy over time, over time,
and I'd stopped giving to the oil industry, I'd stopped
giving them federal subsidies. He won't get federal subsidies to
(09:11):
the gas. I should shoot me to the solar and wind. Yeah,
why are we giving it to oil industry? We actually do.
That's maybe the biggest statement in terms of business. That's
the biggest statement, because basically to destroy the oil industry.
Will you remember that Texas Week, remember that Pennsylvania, Oklaholia?
(09:34):
He said it, they did it. And this is the
position we're in. And it gets worse because now he's
begging Iran, and he's begging that murdering dictator thug in Venezuela,
and he's going to meet with the Saudis and beg
them so much for the principles over the Kashogie murder, right,
and he's begging Opec. OPEC finally decided to increase production
(09:57):
because at one hundred and twenty plus dollars a barrel
of oil, they're making so much damn money and they
think we're idiots, and they're not wrong. Our leadership is
full of idiots, and we're all paying the price for
us now. One last thing. I want to play it
again because Donald Trump predicted exactly what would happen to
the price of gasolete just in case you forgot. We
(10:21):
have more oil than anybody, Okay, and it's an incredible
thing that it's happened over the last few years, a
lot of great things. And you're paying what two dollars
a gallon for your gasoline. That's okay, you know what
that's like. That's like a tax cut. That's bigger than
a tax cut. If Biden gut in, you'd be paying
seven dollars, eight dollars, nine dollars in this they get
(10:42):
rid of your car. Yeah. What did Joe Biden do
when he got elected? Exactly what he said he would do.
Killed off the Keystone XL pipeline. The Alberta premier said
it would be done by now and we every day
would be importing nine hundred thousand arrows of Canadian oil
every day. That would lower the price of gasoline, That
(11:04):
would help lower inflation. That would prevent us maybe from
begging Iran and Venezuela and Opec to produce more. He
banned drilling in anoir it's a vast wilderness. We have
so much in terms of oil natural resources. There we
can supply this country for hundreds one hundred plus years,
natural gas hundreds of years. He restricted fracking, he slowed
(11:27):
down production with a slew of new regulations. He curbed
domestic production. He's more than happy to beg all these
other Why is he want to make a Rand rich again?
Why so they can continue the nuclear program and threaten
us with real nuclear weapons. Why are you helping Venezuela.
Why are you helping Saudi Arabia? Why are you helping
(11:48):
the OPEC nations when we have all the resources we'd
ever need. Why are you begging? How is it different
to the planet Earth. If you drove for oil here
or anywhere else in the world, you keep high paying
career energy jobs. It's good for national security, not to
beg others for the lifeblood of our economy. Similarly, it
(12:09):
will drive inflation down dramatically. It increase the supply, It
lowers the price that takes. That relieves all of us.
When we go to fill up our cars at the
gas station, you know, we pay less for diesel. That
lowers the price of the products that are delivered to
every store we go to. It's simple, basic American common
(12:31):
sense that I guess isn't so common anymore. What's the
definition of insanity? Because that's what we're living through. And
so it compromises national security, eliminates high paying career jobs.
It does nothing to increase the world supply except we're
making every other country that hates us rich again. I
mean it, we could lower inflation. The greatest opportunity to
(12:55):
lower inflation, the greatest, the biggest hardship on American the
American people is inflation and the high cost of energy.
You can't heat and cool your home the way you want.
I mean it is devastating the poor, the middle class,
people on fixed incomes. And the saddest part is not
one of these idiots has had an enlightened moment to say, oh,
(13:19):
maybe we should do it here. Because the wind, the solar,
you know, the clean energy that he wants to replace
oil and gas with, they don't have that technology yet,
so he's gonna import it. Was still drilling for oil.
Mother Earth is still impacted. And that's how dumb Democrats are.
(13:40):
And that's why this will be a way of election
in November. Accountable Sean gets the answers. No one else
(14:04):
does America deserves and know the truth about Congress. I
had twenty five to the top of the hour, eight
hundred nine one sewn our number if you want to
be a part of the program. So Linda, it's been
let's say, gently reminding me by the hour pretty much
that today is flag Day and she's a big fan.
(14:28):
I don't know the group myself. I've only learned about
it in the last air two. Uh. It's flagpole of
freedom dot com as a website, and it's I'll give
you a minute, go ahead talk about it. You're obsessed
with it. I love the idea that people have their
flags up. Um. You know, I don't know if I
told you this, but sweet baby James and my sister
(14:52):
for my house gave me a huge, big, beautiful flagpole
with a light on. I mean, it's I should take
a picture of it and tweet it out, but I'm beautiful.
You can send it to me and I'll tweet it out.
Because you don't have access to your Twitter, I don't
have access to That's true. I'm happy to do that
for you if you send me, But you know what,
I don't want to do it because you know I'm
trying to be an undisclosed locations at all time because
(15:14):
so many people want to kill me today, but go ahead.
It's actually really said. So yeah, I'm full disclosure. These
guys are fantastic. I'm obsessed with what they're doing. It's
a project like none other. It's the Fly Pole of
Freedom Park. It's in Columbia Falls, Maine. The plan is
to have this amazing project up and running for the
two hundred and fiftieth birthday of our nation in twenty
(15:37):
twenty six July fourth. It will fly. This park will
fly the world's largest flag. It's bigger than a football field.
It would be the world's largest tallest flagpole. It would
stand higher than the Empire State Building. And it has
these remembrance walls that honor all twenty four million US veterans.
It's going to give thousands and thousands of job to
a very impoverished area of Maine. There will be restaurants, shops, museums.
(16:01):
There's a hotel at the park, amazing cabins. It's a
place where you can go with your kids, and it's
in a beautiful just planning on going. Oh I'm gonna go,
I'm gonna be what's called a park founder. So they
have this awesome program where you contribute eleven dollars a month,
which is two cups of coffee for those of you
who love it as much as I do, And you
pay eleven dollars a month and you become a park founder.
(16:23):
And it's a limited availability. There's not going to be
a ton of openings to be a park founder. But
we're trying to get this entire park built by Americans.
You know, something that we can be a part of
history and look at our flag as something that is
unifying us as a nation as opposed to the divisive
way that many are trying to look at it. You know,
this has been something that has been you know, the
guys who stormed the beaches of Normandy, who put their
(16:46):
flag down in Vietnam, you know, on the remains of
those who perished in nine to eleven. You know, the
flag has always been a symbol of hope. Iwashima, the
flag at nine to eleven. I mean, and what does
yeah and what does it mean to you? You know,
I mean what does it mean to so many people?
You know, it stands for the civil rights movement, it
stands for women's suffrage. It stands for oak glory. It
(17:07):
stands for all of them men and women who give
their lives, you know, and and pay that sacrifice by
not being with their families, serving overseas, serving here at home,
but also just illuminating our freedoms here that I think
we take for granted every single day. And for those
of us right now who can't get baby formula, who
can't get feminine hygiene products, who can't fill up their gas,
who can't be for their mortgage, you realize how scary
(17:30):
it is. So go to Flagpole and check it out. Yeah,
it's Flagpole of Freedom dot com. Okay, and we'll put
it up on Hannity dot com. Oh, put a link up. Yeah,
well I think they're ready. Is one as a matter
of fact? Yes, um, all right, um, I like that.
And you'll see it tonight on Hannity because you're gonna
I can't guarantee I'm gonna visit, but I mean, oh,
you're gonna visit. We're gonna do shows there. It's big enough.
(17:51):
I mean, oh, it's going to be fantastic out without
my knowledge. This is what I'm here for. I'm here
to make plans with you Sean, it's going to be great.
We're gonna do it at the flag full of freedom.
Everyone has control over my life with me. That's the House.
By the way, did just pass the Senate bill providing finally,
and it took Nancy Pelosi a month to security for
(18:15):
Supreme Court justice families. Maybe now they should walk back
their approval of doxing Supreme Court justice's homes, especially in
light of the assassination plot to kill Justice Kavanaugh, in
light of the doxing of the School of Justice Amy
Coney Barrett, and the doxing of the church. Quote we're
(18:37):
told she goes through every day, which is like, okay,
what do you want to tell somebody that's unhinged to go,
you know, take out a Supreme Court justice. It's really sick,
and it's sick that it took so long for this
to get past. But pressure finally paid off. So the
Dow jones down again today. I don't have the number
(18:59):
in front of me right now, but it's been down
a couple one hundred points, you know, down nearly three
thousand points in the past five days. All the gains
that came. Remember Joe Biden was brod well. Look at
the stock market under me. Okay, well, the stock market
under you is now right back to where you inherited
it from Donald Trump. And by the way, the stock
(19:20):
market the last guy's measure of everything. Yeah, it's about
twenty percent of higher was there. And after record after
record on my watch, record after record after record, gas
prices eighteen days in a row, and Joe's answering he's
going to go to Saudi Arabia. That's so embarrassing. I mean,
(19:40):
you can't screw up an economy more than this. How
back to the you know, now, we have these retirees
they thought they could retire, and you know it's this
woman they talk about, this woman that works. Her name
is Karen Cooper. She returned to work, she was retired.
And anyway, she's pointing out how all these retirees are
facing life changes challenges because they're usually going to fixed income.
(20:03):
All right now, if you're paying on average six thousand
dollars more per family because of Biden inflation, and if
you drive your card, you know, an extra two grand
plus a year in gas prices, that's a lot of money.
She points out, I pay eighty bucks to fill up
my tank. The job now is supplemented my income my
husband just passed away. It's helped me in a lot
(20:26):
of different ways. And she actually works helping other retirees
find jobs as well as they're now you know, in
droves beginning to return to the workplace, by the way,
not where they want to be. They retired for a reason.
They've already put in their fifty years of hard work.
You know. Now they have to go get back into work.
And maybe they're gonna like it, some of them, but
a lot of them are not liking it because of
(20:48):
the horrific economic and energy policies of Joe Biden. You know,
you got the Democrats, their media co conspiritors, you know,
silent as you know, pregnancy sent pro life groups suffered
repeated violent attacks. This was in the Federals over the weekend.
I didn't see this. A pregnancy center in Gresham, Oregon
(21:10):
was set ablaze and an incendiary device thrown through a window.
That's a third case that I know of a Mother's Day.
The Oregon Right to the Life office was set on
fire with two Molotov cocktails. The same day, a pro
life group in Madison, Wisconsin also was targeted with a
molotov cocktail and vandalism reading. If abortions aren't safe, then
you aren't either. Like, wow, they're just a few of
(21:34):
the twenty three attacks carried out so far on pregnancy centers, churches,
pro life groups since the draft of the Supreme Court
Dobb's decision was leaked on May second, and then of
course the approval of Democrats say okay, no, no, no no,
no problem doxing the homes of Supreme Court justices. In
other bad news, Caterpillar, which is out of Illinois, they're
(21:57):
now going to move their corporate headquarters from Illinois, Texas.
Why do you think they're leaving? Why do you think
Californians now, for the first time in one hundred and
seventy years, have had a net decrease in population. Why
is it fifty nine percent of people that live in
New Joysey want to leave New Joysey fifty nine percent?
Why why is there a mass exitus out of New
(22:20):
York for the Carolinas and Tennessee and Florida. The answers
are obvious. You know, Caterpillar announced that they're going to
relocate from Deerfield, Illinois, to an existing operation in Irvine, Texas. Separately,
Boeing announced in May that they're going to relocate headquarters
from Chicago to Arlington, Virginia. Though it will maintain some
(22:41):
presence in the Windy City, they're leaving because they can't
afford to stay there anymore. It's a hostile environment for businesses.
Producer price inflation is now hit double digits. New numbers
out for the third month in a row. Just when
you thought economic news couldn't get any worse, produced price
inflation for May came out as of today that its
(23:05):
producer price index, it measures inflation at the wholesale level
before it reaches you, the consumer, or before it even
reaches you. It climbed ten point eight percent the reading,
which is near record high of eleven point five percent
that we had in March, suggesting inflationary pressures on the economy. Yup,
they remained strong. Overall, prices of goods jumped dramatically and
(23:28):
again last month, the fifth consecutive rise, the biggest contributor
to the headline inflation figure. We're all feeling it. Mortgage
applications fall to a twenty two year low. What does
that mean? Now? We're going to get a rate increase tomorrow?
Point five percent, point seven five percent basis points, whatever
you want to call it. But what does that mean? Okay,
(23:50):
new home building is gonna stop. It's going to come
to a screeching halt because people are not going to
be able to afford the home they otherwise would have
been able to afford when interest rates were lower. And
whatever rate increase we get tomorrow, if you believe Goldman Sachs,
there's still seven more eight more that they're predicting is
(24:11):
going to come in the next two years, but a
twenty two year low. Now, what's going to happen when
interest rates go up? Home sales they're gonna stop dead
in its tracks, except for probably states like Texas and
Florida and Tennessee and the Carolina is maybe not as
they won't get hit as bad. But when that happens.
(24:33):
But what's going to happen, demand is going to shrink.
People can't afford the increase in price because of the
rising interest rates. That means existing home sales are going
to drop dramatically, dow you know, plunges, you know, nearly
three thousand points in a week. Biden has lost total
control of inflation, and he's also rightly lost the trust
(24:53):
of the American people. Doesn't know what the hell he's doing.
The announcement that they're doubling down on dumb and and stupid,
which is, let's go beg other countries to produce the
oil that we have in abundance. It's incredible and so
more and more. You know. White House says Americans are
well positioned to face these challenges because of economic historic gains.
(25:15):
All the gains that you made are gone, Joe. People
can't afford what they're even what they were used to
paying at the grocery store. They can't afford the same items.
What part of this you guy is not getting? But
no climate alarmism? Their religious cult comes first. Biden used
to brag about how well the stock markets doing under him. Yep,
(25:38):
all the gains gone, triple A, gas prices keep creeping up.
You know. Biden to meet with the Crown Prince now
is he gonna Is he gonna bring up the Kashogi issue?
How much do you want to bet that big tough guy,
I'll take you behind the barn and beat the crap
out of you, or garage and beat the crap out
of you. Biden is not gonna bring up Kashogi, which
you brought up in the campaign. He's gonna be on
(26:00):
his hands and knees basically pleading and begging for help
because God forbid we produce our own oil and gas here.
That will only piss off his radical climate alarmist religious
cult base, New Green Deal base, even Larry Summers. He
is warning the risk of recession next year. So far,
(26:21):
he's been right in every prediction. In case you're taking notes,
and that's Obama's economic advisor, the thing that they should
do is immediately start production. Go back to the Trump
energy independence policies. In other words, you gotta go backwards
and everything Joe did when he got into office, he
needs to do a reversal. In other words, bring back
(26:44):
the Keystone Xcel pipeline, stop the ban on drilling an Anmar,
lift that band. You need to stop the pause on
all new gas and oil permits on federal lands. You
need to stop your restrictions on fracking, and you need
to stop the slowdown of production of with all these
regulations you put in place. That's what they need to do,
(27:05):
But that's what they're not going to do because their
religious cults, their indoctrination tells them we're going to get
green new energy, you know, efficiency and energy independence with renewables.
What are they, where are they? So in the short
term we're all going to suffer.
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Sean Hannity
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