No Free Lunch - March 14th, Hour 1

Steve Moore, economist and author of  “Trumponomics: Inside the America First Plan to Revive Our Economy” and David Bahnsen, is a trustee of National Review Institute, host of our very own CAPITAL RECORD podcast, and the author, most recently, of THERE’S NO FREE LUNCH: 250 ECONOMIC TRUTHS. From his article about SVB, why Biden is at fault and the bailout.

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Episode Transcript

Speaker 1 (00:00):
All right, our two Sean Hannity Show. Thanks for being
with us eight hundred and ninety four one Sean, if
you want to be a part of the program. All right, So,
how worried, how concerned should Americans be about this banking collapse,
these banking stocks and Joe Biden. Look the entire administration,

(00:20):
they've they've settled on telling you one thing after another.
Everything is safe, everything is secure, everything is solid, okay,
And then Joe Biden says no losses will be borne
by taxpayers over the bank closures. Now, remember your FDIC
insurance goes up to two hundred and fifty thousand dollars.
I keep calling this Biden's billionaire bailout because regardless of

(00:45):
what people had in terms of FDIC insurance, he's guaranteeing
all the money will be paid back. But he says
no losses will be borne by the American taxpayers over
the bank closures. So I guess that means that Joe Biden,
maybe his son Hunter will kick in, maybe his brother
Jim will kick in. But apparently they're telling you you're

(01:07):
not gonna have to pay a penny. Listen to Joe,
all customers who had deposits in these banks can rest assured.
I'm gonna rest assured they'll be protected and they'll have
access to their money. As of today, that includes small
businesses across the country that bank there and need to
make payroll, pay their bills, and stay open for business.

(01:27):
No losses will be in iman. This is an important point.
No losses will be borne by the taxpayers. I'm gonna
repeat that, no losses will be born by the taxpayers. Instead,
the money will come from the fees at banks paying
to the deposit Insurance Fund. Okay, If the taxpayers aren't
going to pay it, where's Joe getting the money from?
Because the money's got to come from somewhere. There was

(01:50):
an interesting piece in The New York Post today that
you Joe decides to toss out the rule book and
guarantee deposits that exceed two hundred fifty thousand dollars. Okay,
so why well? The New York Post reports that the
Biden administrations moved to protect customer deposits at the Silicon

(02:10):
Valley Bank is rankling critics who call it a gift
to wealthy Democratic donors in the tech sector. I call
it Biden's billionaire bill out myself, even as mom and
pop investors are getting burned in this deal. Quote. This
is a bail out, and the account holders they bailed
out are Democrats. According to one tech insider quote, Silicon

(02:33):
Valley Bank is the bank Democrats. They're looking out for
their own If it was the Bank of MAGA, what
are the chances it would be bailed out? Not a
chance in hell. They're saving democratic donors. But who are
the equity holders? The tech insider notice retirement funds bought
into this. Many are policeman, teachers, fireman's just trying to retire. Meanwhile,

(02:55):
equity and bondholders were completely wiped out as part of
the rescue. State regulators and the FDIC anyway here to
shed light on this, and more importantly, will this become
a contagion because we now have more banks that are
losing massive amounts of equity in the markets even still today.

(03:15):
Steve Moore, author of Trump and Omics, is with us.
David Bonsen is back with us, author of There's No
Free Lunch, two hundred and fifty Economic Truths. Welcome both
of you back to the program. Steve Moore, I guess
everyone should be very, very comfortable and reassured that we're
not going to be paying for this Biden billionaire bailout. Well, Sean,

(03:35):
first of all, you're exactly right to call this a
billionaire bailout. It is. It is for billionaires, and it
is a bailout. And by the way, I'll leave it
to David, who's the market expert, to talk about whether
there's a contagion effect here. But I've got to tell you,
you know, I'm pretty libertarian in my view. I want
very limited government, but I've always supported deposit insurance for

(03:56):
the average you know, average middle class deposit holders, so
they can feel secure when they put their money into
a bank. But now we're talking about not the mom
and top shop investor and not the person next door,
but as you said, millionaires and billionaires who have accounts
millions and tens of millions of dollars in these deposit accounts,

(04:18):
and now they're going to be essentially ensured by the
US taxpayer. This money obviously has to come from the taxpayer,
because where else who will come from. One other quick point,
it's also not fair to raise the fees on the
banks that acted responsibly because of the fact that you've
got these irresponsible banks likes of Silicon Valley Bank. David Bonson,

(04:41):
let me ask you about Moody's outlook on this on
the US banking system, It's negative, citing a quote rapidly
deteriorating operating environment, a pretty harsh blow to an already
reeling sector. Moody's Investor Services cut its view on the
entire banking system from negative to negative from stable. The firm,

(05:03):
part of three Rating Services, said Monday that it's making
the move in light of key bank failures and prompting
regulators now to step in with drastic rescue plans for
depositors and other institutions. What do you make of that?
How big an impact is that going to have? Well,
Moody's going to a more negative outlook is kind of

(05:25):
a little late to the party. It's a backward looking
and I don't think in and of itself it creates
a problem. It more reflects a problem. Sean. But let
me answer the question about the general risk and the
reality here and do so in the most non political objective. Honestly,
I can we have fractional reserve banking in our country?

(05:48):
Everybody knows that the banks don't have the money in
the back room that you give them. And we've chosen
as a society for over a hundred years to do that,
and there's rozan cons to it. But what you have
to do if you're going to have fractional reserve banking
is not allow people to think that their deposits are

(06:09):
ever at risk. And this is a self fulfilling prophecy problem.
You don't have a problem if no one thinks you do,
and you do have a problem if people start thinking
there's a problem, and the reality is that they were
not at all worried about Silicon Valley Bank depositors. They
were worried about contagion, because contagion is very difficult to

(06:32):
slow once it starts. The problem I have is not
necessarily then deciding to go say we're going to cover
these uninsured depositors. I don't like it, and I may
very well be against it because I think there were
better solutions available. But the far bigger problem, Sean, is
why it was necessary to begin with what was Dodd

(06:52):
Frank for? Why did they pass Dodd Frank if well,
it was Barney Frank who sits on the board of
what are these failed banks? Banks? That was lobbying to
get the regulation that he put as law changed. But
let me let me give you, let me throw a
number out of you, because I'm really concerned about this.
The four biggest US banks combine lost fifty two billion

(07:16):
in market value. I'm talking about City Group, JP Morgan,
Chase Wills, Fargo, Bank of America. Now to credit JP Morgan.
They predicted this very bank would have this problem because
of Biden inflation. Remember he inherited one point four percent.
Inflation rate went up to nine point one thereabouts, and

(07:38):
as a result, the Fed goes crazy raising interest rates.
And this bank out in Silicon Valley had invested, you know,
a fortune in long term ten year treasuries and then
when the money came due and they had to pay
their depositors, they had to sell at a huge, massive
loss for the bank. Again, the root cause of it

(08:00):
is Biden inflation. But if you look at the four
biggest US banks, fifty two billion of lost value as
of yesterday and at one point eight billion dollars loss
and deals, etc. Etc. JP Morgan, they lost twenty two billion.
Bank of America sixteen billion, Wells Fargo ten billion, City
Bank four billion. What does that tell you. But Sean,

(08:22):
JP Morgan's market cap has four hundred billion dollars and
on Friday it was four hundred and twenty billion. So
we're still not talking about a significant systemic risk to
the big banks. Those guys are fine, they have it's
still little banks. The dog Frank was always the bill
that keeps on giving for the bigger banks. And that's

(08:42):
what's happening here is the outflows are going into JP Morgan.
They're not coming out of JP Morgan. It's scared depositors
at other banks. Now, the depositors of silicon valleys should
have been scared because their deposit base was all shiny objects,
crypto companies, unprofitable tech companies, and they built up a

(09:04):
big bubble that was Fed induced. And that was the
point in the article I wrote for National Review yesterday
that Sean, the FED blew this bubble up and then
they burst it. They did the damage. They were at
the scene of it. Oh wait a minute, did the
FED do it? Hang on a second. Now, the Fed
had to deal with Biden's inflation. Biden's inflation was caused

(09:26):
by Biden's economic policies and energy policies. So we have
a forty year high. It wasn't transitory month after month,
year after year now with Joe Biden. So as a result,
the FED to deal with inflation, they raise interest rates.
Is that would be the normal rational solution according to
any economists that I would speak to. If you think

(09:46):
that's different, you tell me. And as a result, the
FED cannot create the energy pipelines that Biden administration took
away the FED by tightening this tightly. First of all,
core goods inflation right now is one percent. The inflation
for goods has run down seven months in a row.

(10:06):
What Biden did has kill the supply side of the
economy and there's nothing that the FED can do about that.
But I'm referring to the bigger problems on is In
twenty twenty one, this bank brought in one hundred billion
dollars of new assets. How do they do that because
we were in a bubble from zero percent interest rates
with Silicon Valley, So they went from over fifty billion

(10:28):
to one hundred and eighty seven billion, I think is
the number that's right. And where in the world do
you get over one hundred billion dollars of new deposits?
You get it so then and they put all of
that money in treasuries, etc. Etc. And then all of
a sudden interest rates rise rapidly. And why would they
put one hundred billion into long dated treasuries at one

(10:49):
or two percent? Because the moral hazard the FED had created,
the believing that they were never going to have to
get off of this, and they kept it there for
three years. It's one thing that the FED wand to zero.
So there there were ten years, there were ten year treasuries,
as I understand it. Yeah, that's right. So why would
they go to ten year treasuries and not hedge the
interest rate risks? There is in this country that would

(11:12):
do that. It was the dumbest thing I've ever seen.
And the regulators apparently found out about it three days ago.
Probably need more. That's a great question. I mean, I
think that's the dumbest move I ever heard. Also, you know,
I wrote a piece in the Wall Street Journal about
three or four years ago saying that we had record
low interest rates, and why doesn't the federal government, you know,
which is the biggest follower in the world, with you know,

(11:34):
thirty tillion dollars of debt, Why isn't it locking in
these long term rates because it was obvious to anyone,
almost anyone, that the era of zero interest rates that
David is talking about was coming to an end. So
don't you know rewarding these banks for their stupidity in
thinking that they're gonna we're gonna have zero interest rates forever.

(11:54):
And I want to make another quick point about this.
Look we get we're now in this ent of what
they call too big to fail in corporate America. This
bank is too big, this manufacturing company is too big.
You know who's not too big to fail? John, You
and me and the people listening to this show. And
I'm just sick of us getting screwed by dad decisions

(12:16):
that businesses make in combination with them the government giving
them a big safety nut. See, I'm agreeing with both
of you, and I think let me ask you this question.
I didn't get the numbers as of today. I'll get
them by the end of the day. Well, I want
to add up all the numbers these smaller banks, their
stocks are crashing, David bonson, what does that mean? How

(12:40):
do we interpret that? Are they on the verge of failing?
Is that the contagion possibility? Yeah? And this is why
they were ensuring the deposits yesterday above two hundred and
fifty thousand was to try to put people at ease.
And there is a little recovery going on today as
we're talking with some of those banks, but they're way
way down over the last week and there's no reason

(13:01):
for it. All right, quick break more with our economic
expert Steve Moore and David Bonson on the other side.
We'll get to your calls. The other news of the
day as well. Eight hundred and nine four one sewn
as we continue, Look, your friend Shan handed here, it's
tax season again. The deadline to file your taxes is
right around the corner. But what do you do if
you already owe the irs or you haven't filed a

(13:22):
return in a few years. Forty two thousand federal employees
apparently haven't. Wow anyway, Folks, every minute you put off
dealing with it, the IRS is burying you in penalties
and interests, and you are crazy to try to deal
with the IRS on your own. Look, you'll get crushed.
You need to call my friends at Rush Tax Resolution.

(13:43):
I've been talking about Rush Tax now for years, and
that's because they are the only ones that I trust
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(14:03):
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resolution dot com. One thing we've always known about Hannity,

(14:32):
he stands up for what he believes in, and what
you believe in follow Hannity is he fights the left
who are trying to extinguish conservative voices. John Hannity, all right,
we continue looking at this banking debacle of Biden and

(14:53):
Biden's billionaire bailout with Steve Moore and David bonson what
percentage or a lot of these banks down? What? Well,
the First Republic is a massive bank and they're down
sixty six percent on the year, but they're up thirty
percent today, So I think that the market is starting
to feel that, Okay, they're not going to go out
of business. But you're talking about some of these banks

(15:15):
sean to have five and six times the protective equity
the Silicon Valley Bank did. Silicon Valley was a particularly
stupid bank. The other banks that they look they do
not have the vulnerabilities unless everyone thinks they have the vulnerabilities.
Your deposit base going away changes your financial strength, and

(15:37):
that you can't have a run on those banks in
a fractional reserve banking system. That's what I want people
to understand. And my point is that Todd Frank was
supposed to keep this from happening, and right now, Look,
I'll pick on Joe Biden any day with anybody. Nobody
could be as critical of him as I am. In
this case, he's left with no good options because if

(15:58):
you let all those depositors lose money, even will hang
on a second. I'm not willing to give him that pass.
Because JP Morgan wrote about this in November, and if
JP Morgan saw this coming, why didn't they see it coming?
That's on them. Last twenty seconds, Steve Well, great question,
and again the fact of the matter is that the

(16:20):
people really who are going to come out behind them,
this our average middle class Americans. And this is why
Trump was popular because it was basically he was he
was talking to the middle class against big business, big banks,
big government all in kind of cahoots. And this only,
this incident only kind of encourages that kind of, you know,

(16:40):
skepticism about whether our government is living for the average person.
I got to run Steve Moore, David Bonson. I appreciate
both of you. Eight hundred and nine four one sewn
on number. You want to be a part of the program,
we still have. Joe Takapina is President Trump on the
verge of being indicted in New York. He's the attorney
for President Trump. You'll join us quick break, right back

(17:00):
your calls on the other side, straight ahead. All right, listen,
there's a whole lot of stories I haven't gotten to here,
and I know we're really dialed in. I know everybody.
If you're being told by people, just stay calm. Everything's
fine about the banking system. I'm just telling you don't
believe them. I'm not saying that there's a pending collapse.

(17:21):
I'm not saying that I just see what looks like
a very volatile situation unfolding, and I think they're just
trying to calm people, and they'll say anything to calm
people down. Now, when it comes to your money, you've
got to be smart. Probably a good time to check
in with your financial advisor, your accountant, people that you

(17:43):
know and respect that do this for a living. I
don't do it professionally. That's why we bring on experts
like we did at the top of this hour, Steve
Moore and David Bonson. This is what they do every day.
And you know this absolutely, according to the expert, could
get a lot worse before it gets better. So I'm
just urging all of you to be careful. There is

(18:05):
other news out there. They'll give you an example about
New York City police. Now, you know, with the Democratic
parties unrelenting rhetoric about you know, systemic racism and law
enforcement and defund and dismantle and no bail laws. What
you're seeing is even in a city like New York City,
which has a minority majority police force, the majority of

(18:30):
police officers or minorities, they're leaving, they're quitting. They've had
enough in just the last two months two and thirty
nine cops quit thirty six percent, increased from just this
period last year. You know, it's a tremendous spike from
even two years ago. And this year's figures show the
highest number of police departures since a contract dispute, going

(18:54):
all the way back to two thousand and seven. Now
this news comes as New York City is facing a
massive crime increase under Democratic Mayor Eric Adams. Robberies, burglaries,
felony assaults, grand larcenies, other crimes. You know, they are
already up from last year's high, now up another twenty
two percent since last year, and cops field that they're

(19:16):
not supported and they can do their job. Out in
San Francisco, they have a proposal, a draft reparations proposal
that will include five million, a lump sum payment for
each eligible black person. That they could make San Francisco
the first major city in the US to fund reparations.
I remember Gavin Nusson is talking about some six hundred

(19:38):
and however many billions of dollars that they're willing to
spend out in California. I don't know how they're going
to afford it. I don't know how. I don't know
the criteria either. You might find this interesting, Linda, I
don't know if you've heard what Pope Francis says that
the Catholic Church banning priests from engaging in sex is temporar.

(20:00):
Did you see that? I did see it. Okay, he's
an enlightening pope, I must say, really, just expanding the
church in the most interesting ways. You know, first, what
did he have Instagram? Then he had a book deal,
then he's on social media. So the Catholic Church began
requiring celibacy in the eleventh century. Let's go back even

(20:21):
further now, Jesus had twelve apostles. According to my understanding
of scriptures, eleven of the twelve apostles were married. He didn't,
He didn't demand that of his own disciples, right that
he panchos. In the early years of the church, until
the eleventh century, clergy with no children were more likely

(20:44):
to leave their money to the church. But then the issue,
the fear, I believe, became about the issue of divorce
and the church potentially losing property. By the way, that
issue can be resolved quickly, at least in the United States,
And I would asume most countries with something called the
prenuptial Agreement. And anyway, the Vatican ban sex among priests,

(21:07):
although it's you know, base calls to terminate the rule,
et cetera, but not allowing priests to marry, which is
Catholic doctrine that you wouldn't have sex until you got married.
Putting aside that debate for a different day. Allowing them
to marry, I think that you would get probably a
higher number of people that would be willing to serve

(21:30):
in the priesthood if they could live, you know, a
life with a family as well. Also, if you don't
have a family, you know, and you're not married, you know,
how can you possibly really counsel couples that are dealing
with real life issues. I don't know how that's possible.
You make, you make some really good points, Sean. I

(21:51):
have to say I kind of agree with you on this.
I know there's a lot of Catholics out there. They're
gonna hate me for that, you know, as a former Catholic,
you know, and you know, I still attend the Catholic
Church from time to time. I'm a practicing Christian. I
belong to my church as you well know with Pastor
Tim and you know, I believe that you know, pre
should be allowed to get married. I also believe that

(22:13):
nuns should be allowed to get married. You know, there
should be some equity in the church for sure. There.
I don't really understand the whole idea of being married
to God. I don't think that you need to say
you're married to God when you devoted your life to God,
which these people clearly have. And I don't think that
you can give to pay into counseling pre kana, right,
that's what it's called when you're Catholic. So for a
thousand years they allowed this, and then you got to ask, well,

(22:36):
why did they change the rule? And I think that
I think at the end of the day, it had
to do with money. But it always has to do
with money. Money is the root of all evil. You know,
that expression exists for a reason. But I think if
we're sensible and using common sense, it makes sense for
people to be able to be in love have that
part of their lives, because then they can lead their parishes,

(22:56):
their churches, their congregations from a place of knowledge, from
a place of experience. You know what my pastor says, listen,
I feel you. You know, marriage is hard. I'm like, well,
he knows. He's been married for forty years. You know.
In other news, you have a merrilland teacher who describes
herself as proud as f to be a liberal, bragging
about how she indoctrinates her students and call for an

(23:19):
urgent fight against capitalism, while adding revolutions involve violence. Right.
If you run into teachers like this that think that
they have the right to indoctrinate children rather than educate children,
maybe it's time to fire them. Just a quick thought.
One Florida university reportedly denied a white student. This was

(23:40):
on foxnews dot Com mental health access because quote, the
person is white. How about anybody that needs mental health
services gets the service they need right away? Anyway, The
student at USF was reportedly denied mental health services because
he was not a member of the black, Indigenous, and

(24:03):
people of color community, according to the communications obtained by
the Campus Reform. That's a sad story. I thought we're
all supposed to love each other and treat everybody the same.
It's pretty unbelievable. Anyway. Eight hundred nine for one, Shawn
our number. If you want to be a part of
the program. At the top of the hour, will check
in with the President's attorney. President Trump's attorney Joe Takapina

(24:25):
all these reports that a possible indictment against Donald Trump
is imminent, will get his take on it. Let's say
hi to Ronda's in Oklahoma. Ronda, how are you. I'm good, Sean,
thanks for taking my call. Hi, thank you. Yesterday with
Jim Jordan and he acknowledged that nothing's been done with
the evidence we have already on Hunter and it's been

(24:46):
three years. I think they're just trying to wait two
more years to see if the statue of limitation runs out.
But don't think it will happen with treason and fraud.
But maybe my question is, is there some kind of
a workaround if the dj and the FBI just don't
their job. The workaround as you defund it. That's the
only option that the Republicans would have, you know, if

(25:08):
we're gonna find out just how deep deeply rooted the
FBI being politicized is. If if it is that bad,
I suspect it's possible, based on my own conversations with
whistleblowers on air. Whistleblowers off air, and people that I
know that were agents and served in the FBI themselves,

(25:30):
they are telling me it's not the same FBI any longer,
that the FBI has gone woke, that the FBI's politicized,
and that the FBI has two systems of justice. Now,
after these hearings, if they conclude that you'll need a
church style committee change and things are gonna have to change,

(25:53):
They're gonna have to return to being the world's premier
law enforcement agency. Otherwise the country itself is in trouble.
There's been too much involvement with the FBI in our elections,
but only favoring one party. That needs to stop. We
don't need their involvement in issues like this. But and

(26:17):
if the DOJ is weaponized, that needs to be dealt
with too, and I think it has been. I think
we have a two tier justice system, a dual justice system.
And it's sad for me to say because I had
I grew up having the most respect for law enforcement,
because so many of my family members were law enforcement,
and the two members of my family that made it

(26:38):
to the FBI, they were they were like gods in
our family. They were deity, and they they reached the
pinnacle of success as the children of immigrants from Ireland,
and I just would hope that that we can return
it to greatness and bring back the ethics and bring
back the true mission. We have the tools neces sarry

(27:00):
for them to do a phenomenal job, and many of
them do that job every day, and they do it bravely, courageously,
and yet to hear these stories it breaks my heart.
Because I revered this agency. I don't revere it anymore.
I have a very realistic view of it, and what
I see is not pretty. And I think what we're

(27:22):
going to discover with each whistleblower is a pattern of
behavior that exposes things that we never thought were possible. There, Ronda,
good call, appreciated South Carolina. Marvin next on the Sean
Hannity Show, What's up, Marvin, how are you glad you called? Hey? Sean,
I appreciate all you do, guys. Sean A question and

(27:42):
then a quick point. The question is I'm pressing the
legality of this so called bailout and you know, going
beyond what the fd I c Ashley mandates as far
as the two hundred and fifty thousand dollars you know,
help out for the people that have the money in
the bank. And then the the statement really is about
you know, I've learned over the years the Democrats don't

(28:04):
do anything without having some type of ultramotives. Okay, so
this bank in Silicon based in Silicon Valley, I mean,
is there a way of finding out how many politicians,
how many politicians kids, the family members, how was their
connection to the money to that bank failing and then

(28:26):
the rescue, Because again I'm just totally convinced the Democrats
don't do anything without a motive. So I think if
they're going to be protected, well, I mean, it is
interesting because the Silicon Valley of apparently a lot of
big Democratic donors. This is a billionaire, a Biden billionaire baillout,
there's no other way to describe it here and largely liberal.

(28:46):
I think when we get a list of depositors names,
probably three years from now, all our instincts are going
to be proven true. Mike God tells me this is
a baillout of Biden's billionaire buddies because they put all
their money in one bank. They weren't smart in doing that,
and you know, I doubt the rest of us would

(29:07):
get that treatment. I think. I think if you're not
a big Democratic donor, you're gonna be treated like the
people in East Palestine in Ohio, and that is, you
know what ignored. The people are being ignored in East Palestine.
Joe Biden all, I'm gonna go visit when because he
had had plenty of time to visit. It's not on
a schedule, So it's yeah, I think, uh, you know,

(29:30):
I this is one other thing here that we're not
even talking about, and that is we can't afford this pailout.
We just can't. It's the sixteenth largest bank in America.
Now we've got other bank failures, then trading stopped with
these with even more banks. You know, is this going
to be a contagion? Is this going to continue to spread?

(29:52):
You know, stock prices plummeting on these local banks, left, right,
sideways and every other way. This has the potential to
spiral out of control. And that's my fear. And I
say that very very cautiously. I'm not saying it's going
to happen. I don't want it to happen, but we
have to be very realistic. Nobody thought this was going
to happen, and I don't think that using time and

(30:14):
then to be told we're not going to use taxpayer money. Okay,
the banks are going to pay it back. Okay, how
do they pay a pack. Well, they're going to be
charging you know, twice, three, four, or five six times
the fees that they used to charge. In other words,
we will be the ones to pay back this money.
And you know, why should we be paying for billionaires
that that didn't use the banking system appropriately. They know

(30:38):
how much insurance there is anyway, eight hundred nine point
one SEA on our number. If you want to be
a part of the program. Thanks for a good call,
Man for America, great for interited fake news. Dead couple
spends the truth for you and me. Sean Hannity, you

(31:02):
may not know this, but all of the best shooters
in the world, they do the majority of their training
what's called dry fire practice. They do it in their
own homes, they do it outside in their backyard. Sometimes
they do it at the range as well. Mantis X
is used by the Marine Corps, the Army, Special Forces,
and all the best shooters use this. Why mantis X

(31:23):
is a firearms training system, it's no Ammo it's all electronic.
You get to practice and improve your shooting accuracy. You
simply attached Mantis to your own firearm like a weapon light,
and you can use it at home or on the range.
Mantis x gives you data driven, real time feedback on
your technique, guide you through drills and courses. Look, ninety

(31:44):
four percent of shooters improve within twenty minutes of using
mantis X. You get military grade technology used by the
Marine Corps, Army Special Forces, and it's at an affordable price,
and it's fun. It's the best thing that you're ever
going to use. It'll be fun with your friend ends,
your neighbors, your family that you're gonna love it, and
you'll become a marksman. If you believe in your Second

(32:05):
Amendment rights, well, you have a responsibility to be competent
and confident in your shooting ability. Anyway, it's simple to order,
Just go to their website mantis x dot com. That's
m A n tis x dot com. All right, when
we come back, we keep reading report after report after
report that there is in New York the Attorney General

(32:28):
Alvin Bragg, that he will soon issue literally a warrant,
a subpoena if you will for President Trump and charge
him as it relates to the Stormy Daniel's case. Joe
Takapina is Donald Trump's attorney on this He will respond
to these articles and we'll get his thoughts about the

(32:49):
law and everything that applies to this case as we continue.
Eight hundred nine four one Shawn our number, and then
later Benjamin Hall, my friend and colleague at Fox News,
will tell his story of survival and inspiration