Episode Transcript
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Speaker 1 (00:00):
All right, thank you Scott Shannon, and thanks to all
of you for joining us. Happy Friday to everyone. Eight
hundred and nine four one Sean, if you want to
be a part of the program, I have a quiz
as we begin the program for Linda. So you know
the other night that we don't spend a lot of
time on this program talking about ratings. You know, we
(00:21):
in the twenty seven years I've been on Fox, once
we got to number one, we've been the top rated show.
I can only say thank you to this audience. It's
not I don't want to be sounding braggi ish. I
hate people that brag, but I'm just being factual and
I'm grateful, and the same with this radio show. Now
I'm what seven and twenty stations. I'd never thought anything
(00:43):
like that would ever happened to me. I'm very grateful
because this is my love, my passion. First time I
got behind a radio microphone. I mean, I just fell
in love with this thing. And I'm so thankful that
you listen, and I'm thankful that you watch, and I
can't do this without your support. Uh. We live and
die by those things called ratings and people watching the show,
(01:06):
and that way I try to get good ratings is
doing good shows every day. Uh. They're really struggling though
at Fake News CNN. So we were at nearly three
million the other night. Um, guess how many viewers they
had Doctor Jill Biden for the hour? How many at
Fake News CNN? How many viewers do you think watch
(01:27):
that extravaganza? Give me your best bet. How many dogs
they have? How many dogs? I'm assuming that's all that was.
Watching those two German shepherds. You get about it. Here
you go two viewers. Well, they don't have a cat
that was overfed like yours. Listen had to go to
a fat farm. My cat for the first time in
her life. If she sold Doctor Jill Biden, she would
(01:49):
have ran from that screen. Okay, but you know, I
don't even think you can use the word. You have
to say chubby now, I guess right, Oh please, I
don't have time for that. I love people. I'm doing
the studio audience show and people tell me, you know,
you look taller in person. I'm like, really, you look
skinnier in person. I'm like, really, you look younger in person.
I'm like really, So basically I'm short, old and Chubby
(02:10):
on TV. That's told you I will past mark someone
the other day at that event. Yeah, it walked right
past me. Said will you look good like? I don't
know what that means. Does that mean I look terrible
every other time you see me in the office? What
do you think, doctor Jill Biden? If I had to guess,
I don't know. Seven hundred thousand, Nope? Lower. Oh man,
(02:32):
that's embarrassing. Yeah, I remember this is an entire network.
I mean they had close to ninety million votes, right,
I mean America loves the buying it. I love them
so much, so much. Second guess fifty eight thousand, but
not that low. Going the other way, three hundred and
sixty eight thousand total different. I mean it's pathetic. Well,
(02:54):
she's pathetic. I can't even believe it. I was. I'm
not shock because that she compares people to tacos. I mean,
give me a break. Oh it's hilarious. We'll play this later.
My favorite biding cut of the week is he's in Philly,
you know, pushing his socialist, uh financial agenda. Then were fetterman?
(03:15):
Nobody knows what Federman is. Um and anyway refers to
Trump as maybe your future president. I'm like, oh, okay,
you can't make that up. And then I'll play later
to Kamala Harris, you know, saying that kids are facing
a climate mental health they're facing climate mental health issues. Uh,
(03:35):
what is she talking about? Like may Orcus, they've been
telling us the border secure, or the border secure, or
the border secure. Uh, turns out the border is not
so secure now. But then he said, then may Orcus
goes on to blame climate change for the increase and
illegal immigrants coming to this country. I'm like, oh, what,
it's cleaner here? Is that what people are thinking? We
(03:58):
have cleaner air and cleaner water, that the temperature is
better here. I mean, these people are absolutely out of
their mind. They've they've lost their Adam shift. They've lost it,
and they're full of shift too on top of it. Anyway,
and then by the way, you know Joe Biden claiming
MAGA Republicans want to gut social security and medicare Uh,
(04:21):
guess the guy that's proposing that. That would be your president, Joey.
It's unbelievable, Joey, who still didn't go to East Palestine. Uh.
You know, by the way, I'm fear I really I
really fear for the people of East Palestine because you're
gonna have the government at some point tell them they
all of the era is clean, all the water's perfect
(04:42):
to drink, and unless there is an independent organization. After
the same government got everything wrong on COVID, the same
government promised you you keep you with doctor, keep your plan,
and save twenty five hundred dollars a year, none of
which came true. Um, we're gonna believe leave them the
same people that said in government that the air was
(05:03):
okay at ground zero just days after nine to eleven.
I mean, I don't trust any of these people. I
think they're all full of crap, you know, the whole
bunch of them. Here interesting subject on the issue of
Biden's budget. We went over there in some specificity in
detail yesterday and it was the first person that did
this if Ted Cruz brought it up on TV last night.
(05:24):
So I got to give him a shout out for this.
And we'll talk to our friends Stephen Moore of the
Economists later in the program today. By the way, Janet
Yelling it finally admitted the eighty seven thousand new IRS
agents they're going to be primarily targeting those making less
than four hundred thousand dollars. She actually not acknowledged Friday
(05:45):
that ninety percent of IRS audits will be conducted on
small businesses and families and not billionaires. Who do you
thinks get Who do you think gets audited the most? Now?
Middle class Americans? You know why? Because all those rich people,
they have the money they can afford to hire the
(06:05):
accountants and the lawyers that know the IRS rules and
regulations the end the outs, how to make deductions and
save money, and they do it the right way because
they're not stupid. It's unreal. You know, this Biden budget
is unbelievable. It will push the national debt pass fifty
trillion dollars within the next ten years. That's twenty trillion
(06:28):
dollars more than it is today. It's insane. You know,
we're going to increase the income tax by five percent.
We're gonna almost double the capital gains tax. Then we're
gonna tax unrealized capital gains. I mean, and what's in
this bill of Joe Biden's Now The only good news
is the House is never gonna pass it. If they
(06:50):
pass it, I will personally go and campaign against all
two hundred and twenty two Republicans in the House, all
of them. They're not going to pass it anyway. So
you look at the budget, it's gonna be over fifty
trillion dollars in ten years that we are going to have.
We're stealing from our kids and our grandkids. We're stealing
their money, We're robbing them blind, We're ruining their future,
(07:12):
We're ruining the economy. The debt to GDP ratio is
usually in the forty percentile range. It's now one hundred
percent and going to one hundred and ten and then
soon after that one hundred and thirty percent. That's that's
a kind of number you get from a third world economy.
That's how bad that is, you know. So we're gonna
(07:34):
have fifty trillion dollars in debt. That's that's what he's proposing.
And then you look inside the budget. How many times
do you think that he mentions equity sixty three times?
How many times you think they talk about climate and
Joe's budget one hundred and forty eight times, environmental justice
twenty five times in his budget? How many times do
(07:56):
you think they mentioned transgender eight times? By the way,
do you know what intersex is? What does that mean?
Do you know what anybody know what that means? Well,
the word intersex is in there seven times. I'm not
I'm not playing ignorant here. I don't know what it means.
(08:17):
I'm sure it involves sniffing. I don't know what it means.
Joe Biden has something to do with sniffing. How many
times does he really mention the issues that matter to
you the American people? Inflation? Only mentioned that ten times,
not counting the direct references to the so called Inflation
Reduction Act that only raised inflation. He only mentioned Fenton
Al two times, Board of Security only eight times. You
(08:40):
only mentioned police four times, law enforcement nine times, crime
twenty four times, gas prices three times, parents three times.
So you know, just just looking at that analysis, what
do you see? All right? Treasury Inspector General. Out of
forty two thousand federal employees reportedly don't file returns, are
(09:01):
you kidding me? That's on just the news dot com.
I did not see this article. Thank you for bringing
that in. Let me read this. Tens of thousands of
federal employees have repeatedly failed to file the federal income
tax returns. According to a new federal watchdog group. You know,
I do say this all the time, and I mean,
I believe, whether you like the laws or you don't
(09:22):
like the laws, you got to follow the law. I
don't like the income tax laws in this country. I
don't like it at all. I don't like it one bit.
But you know what I do. I follow the law.
I pay my taxes. I have not one accounting firm.
Look at my taxes, I have two. I don't know
anything about tax forms. I don't know a thing. So
I have to hire one firm. Then I hire a
(09:44):
forensic firm, and then I hire a law My law firm,
my legal team. They go over it and they ask
all the questions that you know, if anything's questionable, and
then I'll sign it. You know, my lawyer will say
it's safe to sign it, and then I'll sign this
stupid thing. Why why do I do that? Because you
(10:04):
don't think they want to target me. They hate conservatives.
They can't stand it, but that's what they're admitting anyway.
Biden's budget will push in the national debt past the
fifty trillion dollar mark. I mean the idea that you
attacks unrealized gains or have capital gains. Taxes on unrealized
gains is insane. Okay. Let's say you have a thousand
(10:27):
dollars worth of McDonald's stock. You paid eight hundred for it.
At the end of the year. Oh, it's worth a thousand.
So they're going to tax you on the two hundred
dollars you made on your McDonald's stock as part of
your portfolio. Okay, but you didn't sell it, so it's
it's on paper, it's a thousand dollars. In reality, it's
(10:48):
only going to be worth what it is when you
cash it in. Okay. Let's say a year from now
McDonald's stock, and I hope it doesn't happen. I want
McDonald's to do well. Donald stocks, Wow, you don't, that's right.
You want a random thing to say? What's a random
Donalds to do well? I think they're doing just fine.
(11:08):
You know what I do want them to do. I
want every business to do well. No, no, I hear you.
It's just funny and and it's a sad thing that
you won't take your son to get a happy meal
at McDonald's. That is pathetic that I take him to
Chick fil a. Chick fil a a place where there
that I use the line with mine. I'm trying. You
(11:28):
let him get French fries. I do. He gets the
waffle fries. The one thing that they don't have a
Chick fil A that I know of. I don't think
they have a toy. And you know what they have.
They have a happy meal. They have books. They have books,
and it's his favorite. It's Liam's favorite book. Bear says,
thinks it's all about being kind and giving things I
(11:50):
can't really are. The liberals should love that. However, you
do owe the kid a happy meal and stop giving
him these stupid air fried He gets your bandon in
other places. I don't have to be the one. Oh,
I'm going to be the one Uncle Sea when Uncle
Shawn season, We're going straight to McDonald's. You can get
cordiac arrest again. We won't Pasco and collect to one hundred.
(12:11):
I'm taking them straight to make you see the world.
The organization is attacking Salt Intake. Okay, well, h you
want to move to the next story. Yea, even the
Wall Street Journal the budget. You know they want four
point seven trillion more of your money and still grow
the federal debt by seventeen trillion. I mean, we cannot
survive as a country with this economic plan. It doesn't work.
(12:33):
By the way, Wall Street has not been reacting well
the last three days. And then of course we had
Jerome Powell earlier in the week talking about the possibility
that rate increases are going to be much higher than
he thought he would have to implement. So that's coming next.
You know, this will lead to a record national debt,
(12:54):
record high taxes this country has never seen before, and
it's going to destroy Nobody is going to invest money if,
for example, if you pay your taxes and you have
a profit, and you make money, and then you want
to invest that money, and the government already got there
forty percent. If you're in California, the state got there
(13:17):
thirteen percent. Now they want if you're if you're have
a net worth over whatever number they have as or
defined as rich, then they wanted assert tax of twenty
five percent, and then when you die, they'll take forty
percent more. At what point do we say, get the
hell out of our lives and stop wasting our money
(13:39):
with your big socialist spending. Pro Socialism fails every time,
unfulfilled promises, more poverty, and a loss of freedom in
the name of false security. I say it all the time.
All right, what a week this has been for dumb
things said. You know, first we had Mayorcas you know,
though the border secure, the border secure, Well, the border
(14:01):
is not secure because of climate change, actually said it.
Then you have Kamala Harris, you know, mocked. I think, well,
good reasons for saying the kids are facing a climate
mental health issue. This is what she said. The only
thing missing is the giggling. I mean, one of the
young leaders was talking to me about climate mental health.
(14:26):
I said, tell me what's going on with your peers
climate mental health? And she talked, as I think I
understand that, but unpack it for me. And she talked
about how her peers are thinking about it. One example is,
you know, whether when they're ready, could they start a family?
Worried about what that would mean and the stress of it.
(14:49):
They were talking about it in terms of their peers
trying to figure out, you know, they're gonna have to
get a job and they're gonna have to make a living.
But what can they do and how can they adapt
the education that they're haveing now to their activism? Okay,
let's unpack this. This is the dumbest vice president. I
can't believe we have a president that doesn't know the
(15:11):
day of the work. That's a sound bite of the
year so far. I mean between the words salads, the giggling,
and now stating that kids are facing a climate mental
health issues. It's mind numbing to me. Anyway. Eight nine
(15:32):
sewn not good news on the economy. You should see
the Drudge Report right now. Uh. They shut down a
bait a bank in Silicon Valley. A regulators shut it down.
There's a fear that may be a run on the bank. Uh,
there's a fear that this could be their Enron. We'll
tell you all about it next. When news breaks, you
(16:00):
get the inside story that no one else has and
the behind the scenes chatter that the mainstream media doesn't
even know about. This is the Sean Hannity Show twenty
five to the top of the hour. Thank you for
joining us. Eight hundred nine p one, Shawn our number.
If you want to be a part of the program. Hey,
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It's that simple. We have a lot of economic news
(17:48):
and a lot of it's scary, you know, like they've
been telling us the border, secure, the border, secure the borders.
It's not secure, you know, just like keep your doctor,
keep your plans, save on average twenty five hundred dollars
a year. Millions of Americans lost your doctors. You lost
your plans. And forty percent of the country has one
(18:08):
Obamacare exchange option available to them for over forty percent.
The average increase in premiums thanks to Obamacare about up
two hundred and fifty percent. But why would any of
anyone have listened to be on top of all those lies?
Now the latest lie is Joe Biden yesterday say my
economic plan is working. Oh it's not. Look I think
(18:33):
we got a good jobs report. I'm happy to report
that our economy has created over three hundred thousand new
jobs last month, and that's on top of a half
million jobs we added the month before. All told, we've
created more than twelve thousand, twelve thousand jobs since it
took office, maybe eight thousand of the manufacturing jobs. That
(18:54):
means overall, we've created more jobs in two years than
any administrations have created in the first four years. And uh,
I think all this matters. It's no accident. It means
our economic plan is working. And when I took office,
the recovery and the economy was there was no recovery
in the economy was really And then Joe Biden whispers
(19:16):
about these eighty seven thousand new IRS agents going after
the wealthy. Listen, and uh. And on top of that,
what they're really focused on that I saw here, Well,
I shouldn't get into all this now, but is what
it's kind of surprised me. They want to make sure
we don't have enough I R S agents, and as
(19:37):
I R S ass we had, they're gonna check on
that accounts for the super wealthy, which to require a
lot of accounting, a lot of agents to look at it.
They want to get rid of them. I don't know,
we just have a very different value set. This guy
is out of it. It is so bad, it is
(19:57):
so humiliating. Well, just so happens, Janet Yelling, your Treasury secretary,
let the cat out of the bag. On how Biden
intends to use the eighty seven thousand new IRS agents
that he plans to hire, which is double what we have,
more than double what we have. Now, ninety percent of
the audits conducted by new IRS agents will target working
(20:20):
Americans that make less than four hundred thousand dollars per year. Now.
Yelling acknowledged earlier today that ninety percent of the IRS
audits will be conducted on small businesses and families and
not on billionaires. Now, I've gone through this one hundred times.
All those rich people, I don't know anybody that. First
(20:41):
of all, I don't know people that inherited money and
our trust fund brats, I don't I know people that
made money in their lives and made a lot of
it and are successful. And the only way they made
it was why by working their asses off. You know,
I don't know anybody that ever won the lottery. I
just don't. I don't mind the people play. But it
(21:02):
is kind of interesting that all the things that the
government used to arrest mob people for they're involved in
you know, I right in New York City, I see
one weed store after another. No, I've never I've never
gone in. I have no interest in going in there.
I don't like drugs, period and a sense that's my
personal choice, unless you consider tito as a drug. I
(21:25):
do drink titos or occasionally a corps light or half
a Heineken. Hannity, you know I can drink a little
more than a half a Heineken anyway. So the eighty
seven you know, testifying before the House Ways A Means Committee,
Congressman Adrian Smith asked Yelling about the eighty seven thousand
new I R S Agents hired at the agency over
(21:47):
the next decade to conduct, you know, tax enforcement on Americans.
Regarding the audits, are you talking about the total number
of audits or the proportion of audits on families and
small businesses under four hundred thousand dollars? Yelling admitted, I'm
talking about the proportion of those small businesses and families.
(22:09):
She acknowledged it. She's contradicting her boss anyway, and she
went on Smith's response, So the proportion is ninety percent
according to the data, we can expect ninety percent of
new audits to be on people making less than four
hundred thousand dollars a year. Yell And tried to draw
attention to the total number of audits and not the
(22:30):
proportion of audits that will impact small business, etcetera, etcetera.
I mean it's it speaks for itself. Smith reminded Yelling
that the rates of audits and commitments I believe certainly
are clear. By the way, guess who guess who the
people are that get audited the most. The poor in
the middle class, not rich people. Hey say, Hannity, that's
(22:51):
doesn't sound right to me. Why why not the rich people? Well,
it seems that they pull mynd You're gonna get the
Hannity treatment. Any treatment is see the word Hannity, yank
the file. You know, let's go through it. The problem is,
there's nothing wrong with my income taxes. I pay my taxes.
And by the way, I urge all of you follow
(23:12):
the law, pay your taxes. Don't be stupid, because they
will come after you. I know many people that this
has happened too, so be careful, I take I would
urge you to take it seriously. But you're gonna do
what you want, you know, but you think of the
overall economy. Here, we're talking about fifty trillion dollars in
national debt, twenty trillion more dollars in national debt in
(23:35):
twenty and it's sorry in ten years. That's Joe Biden's budget,
and he's out there, you know, telling us the economy
is great. It's not great. Six point nine trillion dollars
budget plan, five point five trillion dollars in new tax
increases over the next decade, you know, a massive five
(23:57):
point two percent federal worker pay raise that he's included
in this deal. By the way, people that work for
the federal government, the story that I just told you about.
You know, four out of ten federal workers don't even
file their income taxes. Why aren't they auditing them? I
file my taxes right there, you know, and it's it's
(24:19):
so frustrating. Anyway, So Biden makes this announcement now that
we've had time to examine it. There's nothing good here.
Raising income taxes by five percent, nearly doubling the capital
gains tax, a new twenty five percent minimum tax on
families worth x amount of dollars, and I'm thinking, Okay,
(24:41):
you're gonna take their money. They already pay taxes on
that money. If they now you're going to double the
capital gains tax if they put that money at risk
in a business that hopefully creates jobs and is successful
by providing new goods and services. Nobody, if you have
to pay that much in taxes, they're not going to
risk their money when you when you take taxed money
(25:03):
already and then you put it at risk, and then
you get a profit if you're lucky enough to get
a profit. Sometimes you don't. Sometimes you lose money in
an investment. But if you make a profit, now they're
taking the same amount of money they're taking for income
tax reasons. So they're taking your risk. You have money taxed,
(25:23):
you put it at risk, and now they want forty
cents of every dollar. And on top of that, then
they want unrealized capital gains taxed. Again, it's phantom money.
Like you look at the stock market today, the down
down four twenty seven as we speak. Okay, it's been
it's a crappy week on Wall Street because we have
nothing but crappy news on the economy. All right, So
(25:45):
what's an unrealized capital gains increase or tax. Okay, you
buy stocks. You have a thousand dollars in McDonald's stocks today,
it's worth paid eight hundred. By the end of the year,
it's worth a thousand. I have to pay taxes. You
have to pay capital gains taxes on money based on
(26:07):
the increase on paper. That's that's only paper, that's not
that's phantom money. When you finally sell the McDonald's stock,
maybe it's worth five hundred, but you already pay taxes
because they're you're taxing you on unrealized gains. It doesn't
become real until you cash it in. Yes, are you
(26:30):
ready for my idea? It's groundbreaking. I'd like to take
the eighty seven thousand new agents, divided by twos around
forty three five, and apply all of those to the
forty two thousand federal agents they can't file their taxes,
and let those two wash out and leave the American
people alone. I'm just thinking out loud. I don't know,
I'm thinking out loud. How about we hire eighty seven
thousand more border patrol agis off, forget about it. I'm
(26:50):
all in. Let's start that petition. I got you there,
there we gonna and we're the only thing I'm happy
about is increasing defense spending because China and Russia have
bad intentions and they're kicking they want to kick our ass,
and they want America to be weak. That scares the
hell out of me. You know, a five point two
percent pay raise, we can't afford it. Six billion and
(27:12):
more Ukrainian aid up to one hundred and thirty billion dollars,
you're kidding me. And Western Europe just doesn't chip in
their fair share. Fifty nine billion, and new funds for
affordable housing. Oh so we're gonna take money from one
group of people and we're gonna build free homes for
another group of people. Isn't that nice? You know, that's
(27:33):
a new Green Deal, radicalism, socialism. It's unreal, you know. Uh,
And this, this isn't This is not going to end
well for this country. I am telling you this is
really bad. This is not going to end well. You know,
when you listen to the president, you know, Uncle Sam
(27:54):
needs to start closing the budget gap. You know, Republicans
now gonna have a fight over the debt ceiling. All
two and twenty two Republicans in the House. And I've
been saying this now for months. You guys need to
unite together and you need to put forward a plan
of fiscal responsibility that in exchange for your vote to
(28:18):
raise the debt ceiling so the full faith and credit
of the United States will not be put in jeopardy,
because that's going to be the panicked argument when they
get to the final hours of this and hoping and
praying and counting on Republicans fighting each other and not
uniting behind a plan. You have the opportunity, and this
(28:40):
is going to be a heavy lift. Kevin McCarthy needs
two and eighteen Republican votes to do something to instill
fiscal responsibility. Look, they did it once. If you recall
the Budget Reduction Act, I don't forget what year was,
and that included sequestration, which is automatic spending cuts. That's
(29:01):
where we need to go. We gotta live within our means.
Connie mackmember, you have the penny plan, Congressman Connie Mcaflorida,
great guy, and now we probably need a nickel or
a dime plan, and that is you know, you have
baseline budgeting, which every year they include increases in every
department and spending. Well, you can't at this point, you're
(29:23):
robbing from your children. I would rather that we cut
actual dollars and have no increases in spending. With the exception,
you take care of Social Security and Medicare and our defense,
you know what, everything else. You know, make do with less.
And it's not even really less, because the budgets have
(29:44):
been exploding for year after year after year. I mean,
they still want to spend on you know, COVID levels.
The pandemic is over, Joey said, maybe it's the time
to let Novak Djokovic play in the Miami Open and
the US Open. They won't let him fly into play.
The guy has natural immunity. Oh my gosh. I think
(30:08):
it's a great idea of Ronda. Santa said, Okay, you
can enter by plane. He'll send a boat to the
Bahamas and send him in. Bring him in that way.
So unfair, one of the greatest athletes of all time. Unreal.
Biden's Environmental Protection Agency announced it announced the plan to
shut down Americas coal industry. Joe Mansion, why are you
(30:31):
a Democrat? Seriously, Joe? Why you know? Because the EPA
proposed a rule Wednesday that would force coal plants to close,
only months after the White House walked back Joe Biden's
vow to shut down coal plants. Oh, we didn't really
mean it, but they did mean it, you know, just
like they really do want to get rid of, you know,
(30:53):
um gas stoves. I'm not giving up my gas stove.
If I have to, I'm gonna go out. I'm gonna
stockpile gas stoves. I'm gonna buy a couple of extra ones.
I'm gonna get propane tanks, and I'll have enough gas
to run my stove until the day I die. That's
my plan. I'm a mini prepper as it is. I
(31:14):
have water, I have food supplies for months and months.
I've got a pretty strong collection of firearms, all legal,
all New York legal. Uh, I'm ready. You got rice
and beans, I got I got food. You need rice
and beans. I got water, need peanut butter. I got protection,
(31:36):
And I'm gonna have extra gas stoves in case one breaks.
You got extra jewels? Are you kidding him? I probably
have enough for five lives. Never going in the bunker
without your jewels, Tito's and jewels. By the way, nobody
would want to be with me in the bunger. Without him,
I'd be cranky. Eight hundred nine one Shawn is our
number if you want to be a part of the program.
I've