September 21, 2022 • 32 mins
David Sokol author of America in Perspective: Defending the American Dream for the Next Generation, and Steve Moore, a member of President Trump’s Economic Recovery Task Force, and author of “Trumponomics: Inside the America First Plan to Revive Our Economy” discuss the release by the Fed today.
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Speaker 1 (00:00):
All right, news round up in Information Overload hour eight
hundred and nine for one sean if you want to
be a part of the program. Well, as we've been predicting,
this is now the third month in a row the
Fed raising interest rates dramatically another seventy five basis points.
What does this mean. It means that the cost of
borrowing money is now out of reach for many Americans.
(00:22):
What does that mean for the housing market. I've been
predicting this, it's now occurring. New home construction has come
to a screeching halt. Salo pre existing homes is now
ending except for certain areas of the country geographically. It's
so funny. The month of August alone, five eight hundred
thirty eight New Yorkers switch their driver's licenses to Florida
(00:45):
in one month because people are escaping high taxation, and
they're going to a better economy and they're going to
better weather on top of everything else. So and then
that means home values will plummet as well. And that
means that you're getting killed in your ira. You're four
oh one k and now the equity you thought you
had in your home that you did have in your
(01:06):
home nineteen months ago is evaporating right before your eyes
as well. And from my estimation, my vantage point, things
are not going to get better because they're not changing
their policies. Then you can add to that, on top
of all of that, all the money that Biden announced
that the un that he's spending today, money that we
shouldn't be spending. You know, he's bragging about the fact
(01:27):
what we're going to spend three hundred and sixty nine
billion on climate change and doubling down on zero mission vehicles.
Listen to what he said today. I've signed a historic
piece of legislation here in the United States. It includes
the biggest, most important climate commitment we have ever made
in the history of our country, three hundred and sixty
nine billion dollars toward climate change. That includes tens of
(01:52):
billions and new investments and offshore wind and solar, doubling
down on zero mission vehicles, increasing energy efficiency, supporting clean manufactory.
Our Department Manage estimates that this new law reduce ustimissions
by one gigaton a year by twenty thirty so and
(02:15):
to add to that, he promised another two hundred billion
for a quote, the world's food crisis We're already thirty
one trillion dollars in debt. We can't afford it. The
question is now we have two thirds of the country
living paycheck to paycheck. We reported yesterday that many Americans
are now borrowing on their credit cards, which usually have
(02:36):
very high interest rates, in some cases to twenty one percent.
They're borrowing just to meet their basic needs on a weekly,
monthly basis. That's not good for them because that's going
to be really rough to get out of from under
that kind of debt that you're talking about. Anyway, what
does this mean for you, your family, the country. David
(02:58):
Socle is with us, author of America in Perspective, defending
the American dream for the next generation. Steve Moore, a
member of President Trump's Economic Recovery Task Force, author of
trump Anomics, is with us all right, seventy five basis points.
Steve Moore, We knew it was coming, and we're already
(03:19):
officially in a recession. And you see what's happened to
the stock market over the last number of weeks. You
see what's happening around the world. You see that our
Western European allies are paying upwards of one hundred and
seventy four percent higher energy costs to heat their home.
This winner, is that going to be the new normal
in America? God forbid. But I want to make sure
(03:42):
that your listeners understand crystal clear why this is happening, Sean,
and you have and I've been talking about this month
after month after month. The reason we have out of
control inflation that is forcing the fat now to raise
interest rates is because Joe Biden has come into office,
and as you just explain, he has spent, em borrowed,
imprinted four trillion dollars, four trillion dollars. That's about as
(04:07):
much money, adjusted for inflation, as we spent to win
World War Two? And what have we gotten for that money?
It was so obvious, it was so patently obvious that
if we if we move forward with that liberal, big
government agenda, we would see huge price increases. And you're right,
there's nothing that Biden has proposed that is slowing it down.
(04:28):
In fact, you're right. Today he committed another several hundred
billion dollars. I don't have a cash register that can
keep up with the space of spending it is. I'll
help you out. He committed three hundred and sixty nine
billion on climate change and two hundred billion on the
food crisis in the world. And you know, I had
Bill O'Reilly on earlier, and he rightly pointed out that
money's going in the pockets of corrupt foreign leaders. It's
(04:51):
not going to make it to the people. You know who, well,
you know who's going to run that three hundred and
sixty nine billion dollars fun Sean, I do not John
John Podesta. He was right, he just got appointed. This
is the world's biggest political flush fund in the history
of America by probably tenfolds. Three hundred and sixty nine
(05:13):
billion dollars. For John Podesta to pass pass out to
his political funds pretty pretty unbelievable, There's no doubt about it. David,
let's get your take. And by the way, an energy
group has warned the National Energy Assistant Directors Association that
Americans can expect a thirty five percent home heating price
(05:34):
spike this year. Yeah, that's I mean, Sean, that's exactly right.
I mean, the the FED can't raise interest rates fast
enough to keep up with the spending that this administration
is doing. That's the problem. They've They've got to get
inflation under control. But if the government keeps spending dollars recklessly,
it's gonna be tough to do because that causes a
(05:55):
spiral in wages. And I'm sureful, I don't know see
how you feel that. I'm fearful of stagflation, which is
is the real problem because of the amount of wasted
money that the governments around the world have spent over COVID.
And I say wasted because they think of the trillions
of dollars that the US government has spent. Normally, if
(06:16):
you did that, you would again think you're either fighting
a world war or that you're building massive amounts of
bridges and wastewater treatment labs and things that will make
our economy grow. This money has gone to a large part,
it just disappears. You know. We had an example this morning,
a two hundred and fifty million dollars going to a
food feed children program that was just stolen. Are those
(06:39):
are enormous dollars over time, But the average American, the
low and middle income, are going to get crushed because
of this crazy chase to get rid of CO two
without any plan whatsoever. I mean, think about this, that
three hundred billion dollars that the president's bragging about. They're
going to spend most of that on charging stations on
(07:00):
the country, But our government hasn't even agreed on a
standard charging receptacle. Tesla has a different one, GM has
a different one. So what are we going to do?
Build three or four of them on every corner. I mean,
it's absolutely insane to spend this kind of money with
no plan whatsoever. Let's get your take. Do you believe
(07:20):
stagflation is the big threat? Steve Moore? Yeah, absolutely, no
question about it. They're seeing a making a little more fundamental.
I don't think most people understand stagflation. It's important that
they understand it. And I'm not being everybody's working for
a living, I wouldn't expect them to do so. Stagflatition
is just a panty term for high inflation and high joblessness.
(07:43):
At the same time people losing jobs, am paying higher
prices and Sean, you know the last time we had that, right,
who is President Jimmy Carter. We haven't seen stagflatition a
long time, so people aren't aware of how terrific it is.
That's when I graduated from college. You couldn't even get
a job as a burger flipper with a college degree
back then, and so we are at great risk. David
is exactly right. You know, we spent it's not just
(08:06):
that we spent in borrowed four trillion dollars. It's all
we've gotten as windmills. But is there anybody do these
people genuinect that the author of windmills and solar panels,
as if that's the salvation to our economy. You're looking
at one thing, you know, you and I talked about
the other night. A six point two percent mortgage rate
means people are going to be paying about another one
hundred and fifty to two hundred thousand dollars to buy
(08:28):
a home over the thirty year mortgage rate. And this
was so predictable. How about this rue? There were seventeen
Nobel Prize economists last year who said, oh, Joe Biden's
plan isn't going to cause inflation. They said that in
New York Times they should give back their PhDs. They
were so long, you know, it's really it really is amazing.
(08:49):
But the reality is is in nineteen short months, David,
look at what's happened to the economy. You know, in
nineteen months. We went from one point four consumer price
index to now what eight point five the mid eight
seven months in a row. Inflation was supposed to be transitory.
Now they're getting trying to get a grip on it.
But the reality is we're paying more. We're paying more.
(09:13):
Our car payments are the highest they've ever been. We're
still paying almost double what we paid under Trump for gasoline.
Every item we buy in every store we go to,
we're paying a massive markup. You know. Then Joe Biden
comes out today and he starts talking about a global
minimum tax for corporations. Now, before I play this, I
(09:34):
want to warn my audience corporations do not pay taxes.
You pay them. They passed that cost onto you listen
with partners in the Americans, Africa, Europe, in the Middle East,
and they end up Pacific. We're working to build a
new economic ecosystem where every nation, every nation gets a
fair shot and that common growth is resilient, sustainable, and shared.
(10:00):
That's why the United States is champion global minimum tax
and we will work to see it implemented. So major
corporations pay their fair share everywhere, everywhere, everywhere. So am
I right in my analysis David, corporations don't pay taxes
(10:20):
or is that misleading on my part? Yeah, no, it's
absolutely correct. Corporations collect taxes. You know, a corporate income
tax is no different than a sales tax. It gets
collected by the corporation and paid to the government. And
it's just you know, the government just can't can't find
enough ways to take the average taxpayers money. And unfortunately
(10:41):
these taxes are hidden. You know, when the President says
there'll be no increase in any any taxes for people
under under one hundred thousand dollars or two hundred thousand dollars,
every time sales taxes raised, every time corporate income taxes raised,
it's coming out of your pocket because it's going it's
going into those costs that you're spending it out gas
station and everything else. And that's the real crime here.
(11:03):
You know, when I first got out of college nteen
seventy eight and got married, you know, we took our paycheck,
cashed it, and we put it into envelopes. This much
for utility bills, this much for gasoline, this much for
food for clothing. Um. You know, that's how you have
to budget when you when when you're lower income and
lower middle income. All of a sudden, you see these
(11:23):
massive changes. You're tripling in utility bills, gasoline prices out
of control, and these are self inflicted wounds. The whole
CEO two craziness with no plan. If they would actually
try to reach consensus on a plan as to how
to do something, you could do it in the least
cost way and the least effect the least harmful way
to the lower income. But that's not what this is about.
(11:45):
This is all about virtue signaling and pretending that we're
doing something by talking about the problem is they're pretending
with trillions of dollars. Well, you know, Sean, that what
David thing is true, and I've heard you bite the
statistics all eat it. Thirty six hundred dollars a year
is how much families are losing because of inflation. And
(12:07):
that's Inflation's this attacked and it's this attacks on the
American consumer. And think about it, that's a three hundred
dollars a month back that you're paying for Biden's massive overspending.
And it's the cruelest tax of all because the lowest
income in the middle income, working class families are the
ones who pay It, Quick Break Right Back, More with
David Sokol, More with Stephen More, and more in the Economy,
(12:29):
Don't Forget President Trump, Nineties, Town Tonight on Hannity, Your Calls,
Final half Hours, Straight Ahead, eight hundred and ninety four one,
Shawn our number if you want to be a part
of the program. Olks. Back in the good old days,
we Americans, we argued about which policies to pursue to
improve this great country we love. Sadly, today we find
ourselves arguing about whether our country is great or not,
and whether we should love America or be ashamed of America.
(12:53):
Now the reason for a lot of this is, for
far too many years, too many of our schools have
been neglecting to teach young Americans about our great heritage
of liberty and presenting them instead with a dishonest narrative
that America is fundamentally unjust and unfair, etc. Hillsdale College
is weighing in for America. They're offering a free online
(13:16):
course such as the Great American Story A Land of Hope. Also,
they have their other free course, Constitution one on one
the meaning and the history of the Constitution as we
now just passed constitution days. I encourage all of you
to enroll in one of these wonderful courses at Hillsdale
and encourage your friends and your co workers to do
(13:36):
the same. Anyway you can begin. You're free Hillsdale College
course today. Just go to Sean Hillsdale one word dot com.
It's sea n FO R Hillsdale dot com and you're
gonna love Hillsdale College. We continue now with David Social
Steed More and our discussion of the seventy five bases
(13:56):
point increase and interest rates. Yet again today what's happening
at the border. If we would have kept the Trump policies,
it would have been preventable. If we would have kept
energy independence, we were net exporter of energy, we could
actually not not only would we be paying lower gas prices,
it would dramatically impact inflation and lower the inflation struggle
that couples have on average sixty five and sixty eight
(14:19):
hundred dollars a year in Biden inflation tax. It would
lower the cost of every good and that's delivered to
every store that we go to, everything that we purchased,
because it would be cheaper to get it there. And
then we could take it to the next level, and
that would be energy dominance because Western Europe right now
they need energy. Germany, Italy looking at one hundred and
(14:40):
seventy five percent increase in their heating bills this winter alone,
some people would be paying thirty percent of their yearly
income just to heat their homeless winner David, Yeah, it's
coming here, Shan. And just as a slight twist, you know,
the reason Adam Brand that wrote this book American Perspective,
is to get people to understand this election is critical.
(15:00):
If you look at how our country, how our president
is turning into a monarch. You know, we are a
government that was formed by our founding fathers. We the people,
were governed by the people, and they are working very
hard to take it away. If you look at a
fetterman in Pennsylvania vowing to do away with the filibuster
(15:21):
in the Senate so that they can destroy the Supreme Court.
If we break down the checks and balances in this
country and give people like Joe Biden and Barack Obama, etc.
The right to destroy this society over time, we have
to blame ourselves, Conservatives, independent, This election is not about
(15:43):
the individual, It's about a party, that's out of control
on the progressive side, and they want to do away
with the Supreme Court. They want to add senators to
the Senate. It's crazy. Our constitution forces consensus and that
was the purpose of our founding fathers, so that people
control it. You know when the Prisie Night states there's
a speech in Massachusetts and says, well, the courts won't
(16:06):
let me do it. Congress won't give me what I want,
so I'll do it myself. That's not America, that's Russia,
that's China. And people need to pay attention because we
are going to lose control of this country if we
lose the Supreme Court. All right, guys, I gotta take
a quick break. We'll come back. We really appreciate you
both being with us, Our friends, David Sokol and Steve Moore.
(16:26):
Eight hundred nine four one sewn your calls straight ahead
as we continue Hi twenty five nouns at the top
of the hour. Eight hundred nine four one sewn our number.
If you want to be a part of the program,
We'll be interviewing President Trump tonight. A lot of ground
to cover. With the announcement of the civil suit against Trump,
the Trump family, the Trump Kids, the Trump organization, the
Trump provocable trust, you name it, against pretty much everybody,
(16:49):
but again, a civil suit fulfilling her campaign promise. That's
the age of New York. Latitia James, all right, let's
get to your calls. You've been very patient today. We've
had a lot of news to fit in here. Let's
say hide to Zachary. He's out on Long Island in
New York, by the way, which went red in the
last election. It will be imperative if Zelden has any
(17:10):
chance to be governor. How are you, Zachary Glad? You called?
Sean Glad, I called, and I'm doing well. Thank you
for asking. I am yes, hoping that Red keeps Long
Island stays red and Zeldn gets elected. First, first thing
I want to say is I admire what you've accomplished
in life. I come from the same place and work
my you know what off just like you did to
(17:31):
get through school and to get through life. Nobody ever
handed me anything. What's interesting is you and I get
vilified for having some success in our lives. But if
you're a basketball player or or a finger, you don't
get villified for having a lot of money anyway I
have doesn't bother me. And you know what coming from
I think it's one of the best pluss things in
(17:52):
my life. Blue collar work keeps me grounded. It kept
me grounded. My belief in God keeps me grounded, keeps
you know, and then you know things don't make you happy.
And remember one other thing. We're all renters. Oh, I
own my house. You don't own your house. I own
my car. You don't own your car because when you die,
somebody else will be living in your house and driving
(18:14):
your stupid car that you love so much. Right, that's
exactly right. I agree with you one hundred percent. But
it's you know what, what you've accomplished, I admire. It's
a lot of work. I did the same thing, and
I'm glad for it. Anyway, I'd like to run something
by you. You know, a lot of people wonder why
are the Democrats are ruining the country. Why are they
leaving the border open? And why is there a crime
(18:34):
everywhere and being allowed more and more? Why is the
economy going into the un where I have a theory.
I think they want this country over the next several
months or even couple of years, to get worse and
worse and worse, because then I know they're going to
lose the election. They may they have a good chance
of losing a presidential election. And after that, when things
(18:55):
are horrific and the Republicans are in power, they are
going to claim we have all the solutions, like the
hirefighter turned arsonist. And they are sure that's going to
get them reelected with more power than they have now,
because by then they'll be able to take over everything. No,
no one energy in your house. Oh, the government runs
the energy, now, that kind of thing. Can I fine
(19:16):
tune what you're saying here? Yes, it is by design,
but let me just fine tuned to hair and see
if you agree with me. Is they and they keep
stating it, they want to transition off of fossil fuels
to renewable energy independence to quote Pee Buddha judge, that's fine.
(19:38):
If you can get us cheaper, cleaner energy, I'm all
for it. I'm gonna all the above. Guy, you're gonna
save me money, I'm all for it. If you can
get me an electric vehicle that doesn't cost twenty two
grand more than my vehicle and doesn't rely on the
fossil fuel electric grid to be to be recharged. Fine,
that's here's their problem. They don't have the technology. They
(20:02):
don't have the alternative. So even in the short term,
and I'm defining short term by the next two decades,
I don't see any realistic hope of them achieving this,
and they're trying to force it upon us without a
viable alternative. And yes, they think they're doing God's work
because they think, like AOC said a couple of years ago,
(20:24):
we had twelve years left, and I made fun of it.
I'm like, Okay, if we have twelve years left, why
are we working so hard. We might as well just
have fun. We'll have one big party, we'll go out together.
But that's but al Gore has been proclaiming this for decades,
so it's not based on reality technology science. They don't
have the renewables to the point that anywhere close to
(20:48):
replacing fossil fuels, so they stupidly I agree with what
you're saying totally, but my point is that they don't
care they have the solution or not. This ruination of
the country over the next whatever it is that's going
to allow them election. They're going to promise they're going
to fix everything, and they can't, but everybody's But they've
implemented these policies and we've had what a forty one
(21:10):
year record in inflation, record high gas prices, and by
the way, they're lower temporarily because he's frankly irresponsibly for
national security reasons, tapped into the strategic petroleum reserves. Those
gas prices they're all going up, mark my words, it's
gonna and we're now going to be paying more for energy.
(21:33):
But I'm saying they're forcing something without the science to
back it up. That's a problem. Ye yep, But I
think they can't care whether they can back it up
or not. All they want to do is have everything
horrible while the Republicans are in power and then offer
full solutions just to get that elected. They can't fix it,
of course, not nobody can, You're right, But that's not
their point. They just want to offer solutions to get reelected,
(21:55):
all right, Zach listen. I hope there's some genius, radical
mental climate alarmist cult member out there that comes up
with cheap energy that's cleaner than what we got. Guess what,
You're going to be a trillionaire. But that's not going
to happen in the near future that I can see.
They don't have the technology. Nancy is in Rhode Island.
(22:16):
I lived there five years and I lived in Warren,
Rhode Island. I hope you know where it is. Yes,
I do. I love Rhode Island originally through to New York. Yes,
it is beautiful. I want to say thank you for
taking my call, and I really want to commend you
first and foremost on your coverage on this disaster that's
(22:39):
going on on our border. Your coverage is second to none.
Your insight, your interviews, you are spot on with that.
I never missed your show. You're doing a great job,
and I want to just want to say keep up
the great work on that. You're the best. Well, it's
sad because you know, we set a record yesterday, you know,
(22:59):
for the first time in the history of this country,
two million illegal immigrants and it's only September. Now. If
you want to border security and you want lower energy prices,
and you want to fix the economy, and you want
to not spend these billions and billions, hundreds of billions
that Joe Biden was promising at the UN today, there's
(23:20):
a way out, and that is to elect the Republicans
in the House and Senate in forty eight days. I
don't have the ability to do that for everybody. I
only have one vote, but all of you together have
the power to change this country and get us back
on tracks. I was just thinking it would be great
as far as these governors that are sending illegals to
(23:41):
the sanctuary cities, it would be great to use Kamala
Harris's words against her and tell her they will not stop,
and they should not stop, and they should continue and
they should not let up use her own words against
her that she used when she was talking about the
pro testers in regard to these governors sending the illegals
(24:05):
all over to these sanctuary cities. They should not stop.
They should just keep on doing it until the rest
of the country gets the idea that this is not okay.
In Florida and Texas should not be bearing the brunt
of all these illegals people coming over our border. It's
just an absolute disaster and something's got to be done.
(24:27):
Something has definitely got to be done again forty eight days.
A lot of things can change if we get the
House and Senate and Senate. It's going to be hard.
I'm not pollyannish about this. Florida, Georgia, North and South Carolina,
New Hampshire, Pennsylvania, Ohio. Certainly the state of Wisconsin is
(24:49):
in there. We have Missouri, we have Nevada, we have Colorado,
we have Arizona, we have Washington State. By the way,
the state of Connecticut may even be in play there.
So we've got to just do our best to get
everybody out to vote. That means you can't you have
to embrace all the conservatives I know that have been
(25:10):
so anti mail in voting, early voting, etc. You're gonna
have to get over it for now because until Republicans
can get control of state legislatures and get the governorships back, um,
it's gonna be the system you have, not the one
you wish you had. And that means that if Democrats
are going to take advantage of that system, we need
to be on the same playing field to maximize our
(25:33):
chances of success. Anyway, good call, Thank you for your
kind words. Uh, I was getting beginning to blush, Linda,
is that bad? I don't know. I mean, you're pretty pale.
I think blushing probably looks good on you. Well, that's
called makeup for TV. Listen. I mean, people are very
kind and they don't have a lot of places to
go to, so I'm very grateful. People tell me when
(25:54):
they meet me in person, but you look younger in person,
You're skinnier in person, You're you're taller in person. I'm like,
so I'm old, fat and short on TV. But it's true.
I mean TV does add ten pounds that. I mean,
it's just part of the business. And when people see
me with makeup on, I just give them the pose
and the coffin look. I'm like, this is what I'm
(26:15):
gonna look like in my call because it looks exactly
like a corpse. You know, because you've been there, you've
seen it. Is there any difference or am I telling
the truth? I mean, you know, I cannot tell why
you are preaching from the truth the truth pulpit as usual.
All right, let's get to our busy, busy phones. Let's
(26:36):
say hi to Brad in Vegas. What's up, Brad? Now
you have Adam Laxalt now pulling ahead in that Senate race.
That is a huge pickup for Republicans if we can
get that just like Blake Masters and Carrie Lake in Arizona.
They'd be huge opportunities for a Republicans. Hey, Sean, now
we're doing today. Thank you for taking my call. Thank you.
(26:58):
How are you? I'm doing all right. I'm doing all right. Hey,
just real quick. I was just I mean, I don't
understand how we have this so called immigration problem. If
our borders are so tight, why don't why don't we
do it like Vega says, with their time shares and
have them signed some paperwork and then if they sit
through the presentation, then they get a gift of a
(27:19):
plane fight somewhere. Then there's just a tourist that's unprepared.
You know. Look, I think all these lawsuits, I think
are really given Republicans the biggest opportunity that they've ever had.
Number One, well, Greg Abbott and Rhonda Santis have done
here as exposed just the rank hypocrisy at a very
very high level. So when I read that, you know,
(27:40):
all these lawsuits are coming, I'm kind of laughing to
myself because what this mean is democratic lawyers, you know,
exploit This is the exploitation of migrants, This is kidnapping,
this is human trafficking. I'm like, okay, So they want
to sue over that, Well, guess who's going to get
the next lawsuit. Joe Biden's going to be sued next.
(28:01):
That's the person will be sued, and for good reason,
because he's been aiding and abetting the law breaking the
whole time and facilitating it. He's given preferential treatment to
illegal immigrants, as we have chronicled, and Joe Biden himself
is a human trafficker based on their definition, and they
have shown themselves, based on their own definition, to be
xenophobic and racist because they were out of Martha's vineyard,
(28:25):
Matha's vineyard in less than twenty four hours, you know,
anywhere but my backyard and sanctuary cities like Washington, d C.
New York City, Matha's vineyard, you name it. Yeah, it
just it just blows me away. I don't understand how
people can be so blind, but beget it. At the
same time, half the country voted for Biden. That's not
(28:48):
good anyway. Let's get to our busy phones. Let's say
hi to Don Is in Iowa. Don. How are you, hey, Don?
What's up? Glad you called Sean? Thank you for taking
my call. I appreciate it. I'm a truck driver over
the road, and I've been very concerned with everything that's
(29:08):
going on, and that includes these lawsuits against Republican governors.
And the Democrats have shown their hand by doing it
or the excuse me, criminal charges against Republicans, and that
includes the charges against Trump. And the Democrats are just
showing that they're just going to charge Republicans with everything.
(29:29):
They They're just going to keep pressing charges and pressing charges,
and they're proving that what Joe Biden has been doing
by shipping illegal aliens around the country is illegal in itself.
It is trafficking and we are just you know, we
are victims of it. But like Sliski says, always charge
(29:51):
your opponent with that that which you are guilty. So,
you know, Bill Barr has been very critical of Trump lately,
and anyway, he went on a rampage to that about
Latitia James and anyway, when it comes to this ridiculous
suit today and it's a civil suit. Anyway, he says
she doesn't have a leg to stand on. And he
(30:13):
dismissed the central allegation that Trump overvalued his properties to
secure inflated bank loans. He pointed out what I've been
saying that property valuations are highly subjective and banks don't
take the customer's word for an asset's worth. They make
their own loan decisions based on their own valuations because
they have a fiduciary responsibility to do so. And anybody
(30:37):
that thinks any differently is out of their out of
their mind anyway. Eight hundred nine f one seawn is
our number. Hang on it, hey, I don't remind you
about our friends and Blinds dot com. It's cooler weather
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all right, that's gonna wrap things up today. Donald Trump
(32:03):
pull the full hour tonight on Hannity, a must watch,
I think his first TV interview since the Rate at
mar Lago. It'll be at Mara Lago. We'll be asking
about Latitia James. We'll be talking about equal justice, application
of our laws. We'll be talking about criminalizing political differences.
We'll talk about the midterms. We'll talk about the economy,
(32:24):
we'll talk about energy, we'll talk about the borders. You
name it, we'll get to it. Nine Eastern Tonight News
you'll never get from the mob and the media. Hannity,
Fox News. We'll see you tonight, back here tomorrow. Thank
you for making this show possible.
All right, news round up in Information Overload hour eight
hundred and nine for one sean if you want to
be a part of the program. Well, as we've been predicting,
this is now the third month in a row the
Fed raising interest rates dramatically another seventy five basis points.
What does this mean. It means that the cost of
borrowing money is now out of reach for many Americans.
(00:22):
What does that mean for the housing market. I've been
predicting this, it's now occurring. New home construction has come
to a screeching halt. Salo pre existing homes is now
ending except for certain areas of the country geographically. It's
so funny. The month of August alone, five eight hundred
thirty eight New Yorkers switch their driver's licenses to Florida
(00:45):
in one month because people are escaping high taxation, and
they're going to a better economy and they're going to
better weather on top of everything else. So and then
that means home values will plummet as well. And that
means that you're getting killed in your ira. You're four
oh one k and now the equity you thought you
had in your home that you did have in your
(01:06):
home nineteen months ago is evaporating right before your eyes
as well. And from my estimation, my vantage point, things
are not going to get better because they're not changing
their policies. Then you can add to that, on top
of all of that, all the money that Biden announced
that the un that he's spending today, money that we
shouldn't be spending. You know, he's bragging about the fact
(01:27):
what we're going to spend three hundred and sixty nine
billion on climate change and doubling down on zero mission vehicles.
Listen to what he said today. I've signed a historic
piece of legislation here in the United States. It includes
the biggest, most important climate commitment we have ever made
in the history of our country, three hundred and sixty
nine billion dollars toward climate change. That includes tens of
(01:52):
billions and new investments and offshore wind and solar, doubling
down on zero mission vehicles, increasing energy efficiency, supporting clean manufactory.
Our Department Manage estimates that this new law reduce ustimissions
by one gigaton a year by twenty thirty so and
(02:15):
to add to that, he promised another two hundred billion
for a quote, the world's food crisis We're already thirty
one trillion dollars in debt. We can't afford it. The
question is now we have two thirds of the country
living paycheck to paycheck. We reported yesterday that many Americans
are now borrowing on their credit cards, which usually have
(02:36):
very high interest rates, in some cases to twenty one percent.
They're borrowing just to meet their basic needs on a weekly,
monthly basis. That's not good for them because that's going
to be really rough to get out of from under
that kind of debt that you're talking about. Anyway, what
does this mean for you, your family, the country. David
(02:58):
Socle is with us, author of America in Perspective, defending
the American dream for the next generation. Steve Moore, a
member of President Trump's Economic Recovery Task Force, author of
trump Anomics, is with us all right, seventy five basis points.
Steve Moore, We knew it was coming, and we're already
(03:19):
officially in a recession. And you see what's happened to
the stock market over the last number of weeks. You
see what's happening around the world. You see that our
Western European allies are paying upwards of one hundred and
seventy four percent higher energy costs to heat their home.
This winner, is that going to be the new normal
in America? God forbid. But I want to make sure
(03:42):
that your listeners understand crystal clear why this is happening, Sean,
and you have and I've been talking about this month
after month after month. The reason we have out of
control inflation that is forcing the fat now to raise
interest rates is because Joe Biden has come into office,
and as you just explain, he has spent, em borrowed,
imprinted four trillion dollars, four trillion dollars. That's about as
(04:07):
much money, adjusted for inflation, as we spent to win
World War Two? And what have we gotten for that money?
It was so obvious, it was so patently obvious that
if we if we move forward with that liberal, big
government agenda, we would see huge price increases. And you're right,
there's nothing that Biden has proposed that is slowing it down.
(04:28):
In fact, you're right. Today he committed another several hundred
billion dollars. I don't have a cash register that can
keep up with the space of spending it is. I'll
help you out. He committed three hundred and sixty nine
billion on climate change and two hundred billion on the
food crisis in the world. And you know, I had
Bill O'Reilly on earlier, and he rightly pointed out that
money's going in the pockets of corrupt foreign leaders. It's
(04:51):
not going to make it to the people. You know who, well,
you know who's going to run that three hundred and
sixty nine billion dollars fun Sean, I do not John
John Podesta. He was right, he just got appointed. This
is the world's biggest political flush fund in the history
of America by probably tenfolds. Three hundred and sixty nine
(05:13):
billion dollars. For John Podesta to pass pass out to
his political funds pretty pretty unbelievable, There's no doubt about it. David,
let's get your take. And by the way, an energy
group has warned the National Energy Assistant Directors Association that
Americans can expect a thirty five percent home heating price
(05:34):
spike this year. Yeah, that's I mean, Sean, that's exactly right.
I mean, the the FED can't raise interest rates fast
enough to keep up with the spending that this administration
is doing. That's the problem. They've They've got to get
inflation under control. But if the government keeps spending dollars recklessly,
it's gonna be tough to do because that causes a
(05:55):
spiral in wages. And I'm sureful, I don't know see
how you feel that. I'm fearful of stagflation, which is
is the real problem because of the amount of wasted
money that the governments around the world have spent over COVID.
And I say wasted because they think of the trillions
of dollars that the US government has spent. Normally, if
(06:16):
you did that, you would again think you're either fighting
a world war or that you're building massive amounts of
bridges and wastewater treatment labs and things that will make
our economy grow. This money has gone to a large part,
it just disappears. You know. We had an example this morning,
a two hundred and fifty million dollars going to a
food feed children program that was just stolen. Are those
(06:39):
are enormous dollars over time, But the average American, the
low and middle income, are going to get crushed because
of this crazy chase to get rid of CO two
without any plan whatsoever. I mean, think about this, that
three hundred billion dollars that the president's bragging about. They're
going to spend most of that on charging stations on
(07:00):
the country, But our government hasn't even agreed on a
standard charging receptacle. Tesla has a different one, GM has
a different one. So what are we going to do?
Build three or four of them on every corner. I mean,
it's absolutely insane to spend this kind of money with
no plan whatsoever. Let's get your take. Do you believe
(07:20):
stagflation is the big threat? Steve Moore? Yeah, absolutely, no
question about it. They're seeing a making a little more fundamental.
I don't think most people understand stagflation. It's important that
they understand it. And I'm not being everybody's working for
a living, I wouldn't expect them to do so. Stagflatition
is just a panty term for high inflation and high joblessness.
(07:43):
At the same time people losing jobs, am paying higher
prices and Sean, you know the last time we had that, right,
who is President Jimmy Carter. We haven't seen stagflatition a
long time, so people aren't aware of how terrific it is.
That's when I graduated from college. You couldn't even get
a job as a burger flipper with a college degree
back then, and so we are at great risk. David
is exactly right. You know, we spent it's not just
(08:06):
that we spent in borrowed four trillion dollars. It's all
we've gotten as windmills. But is there anybody do these
people genuinect that the author of windmills and solar panels,
as if that's the salvation to our economy. You're looking
at one thing, you know, you and I talked about
the other night. A six point two percent mortgage rate
means people are going to be paying about another one
hundred and fifty to two hundred thousand dollars to buy
(08:28):
a home over the thirty year mortgage rate. And this
was so predictable. How about this rue? There were seventeen
Nobel Prize economists last year who said, oh, Joe Biden's
plan isn't going to cause inflation. They said that in
New York Times they should give back their PhDs. They
were so long, you know, it's really it really is amazing.
(08:49):
But the reality is is in nineteen short months, David,
look at what's happened to the economy. You know, in
nineteen months. We went from one point four consumer price
index to now what eight point five the mid eight
seven months in a row. Inflation was supposed to be transitory.
Now they're getting trying to get a grip on it.
But the reality is we're paying more. We're paying more.
(09:13):
Our car payments are the highest they've ever been. We're
still paying almost double what we paid under Trump for gasoline.
Every item we buy in every store we go to,
we're paying a massive markup. You know. Then Joe Biden
comes out today and he starts talking about a global
minimum tax for corporations. Now, before I play this, I
(09:34):
want to warn my audience corporations do not pay taxes.
You pay them. They passed that cost onto you listen
with partners in the Americans, Africa, Europe, in the Middle East,
and they end up Pacific. We're working to build a
new economic ecosystem where every nation, every nation gets a
fair shot and that common growth is resilient, sustainable, and shared.
(10:00):
That's why the United States is champion global minimum tax
and we will work to see it implemented. So major
corporations pay their fair share everywhere, everywhere, everywhere. So am
I right in my analysis David, corporations don't pay taxes
(10:20):
or is that misleading on my part? Yeah, no, it's
absolutely correct. Corporations collect taxes. You know, a corporate income
tax is no different than a sales tax. It gets
collected by the corporation and paid to the government. And
it's just you know, the government just can't can't find
enough ways to take the average taxpayers money. And unfortunately
(10:41):
these taxes are hidden. You know, when the President says
there'll be no increase in any any taxes for people
under under one hundred thousand dollars or two hundred thousand dollars,
every time sales taxes raised, every time corporate income taxes raised,
it's coming out of your pocket because it's going it's
going into those costs that you're spending it out gas
station and everything else. And that's the real crime here.
(11:03):
You know, when I first got out of college nteen
seventy eight and got married, you know, we took our paycheck,
cashed it, and we put it into envelopes. This much
for utility bills, this much for gasoline, this much for
food for clothing. Um. You know, that's how you have
to budget when you when when you're lower income and
lower middle income. All of a sudden, you see these
(11:23):
massive changes. You're tripling in utility bills, gasoline prices out
of control, and these are self inflicted wounds. The whole
CEO two craziness with no plan. If they would actually
try to reach consensus on a plan as to how
to do something, you could do it in the least
cost way and the least effect the least harmful way
to the lower income. But that's not what this is about.
(11:45):
This is all about virtue signaling and pretending that we're
doing something by talking about the problem is they're pretending
with trillions of dollars. Well, you know, Sean, that what
David thing is true, and I've heard you bite the
statistics all eat it. Thirty six hundred dollars a year
is how much families are losing because of inflation. And
(12:07):
that's Inflation's this attacked and it's this attacks on the
American consumer. And think about it, that's a three hundred
dollars a month back that you're paying for Biden's massive overspending.
And it's the cruelest tax of all because the lowest
income in the middle income, working class families are the
ones who pay It, Quick Break Right Back, More with
David Sokol, More with Stephen More, and more in the Economy,
(12:29):
Don't Forget President Trump, Nineties, Town Tonight on Hannity, Your Calls,
Final half Hours, Straight Ahead, eight hundred and ninety four one,
Shawn our number if you want to be a part
of the program. Olks. Back in the good old days,
we Americans, we argued about which policies to pursue to
improve this great country we love. Sadly, today we find
ourselves arguing about whether our country is great or not,
and whether we should love America or be ashamed of America.
(12:53):
Now the reason for a lot of this is, for
far too many years, too many of our schools have
been neglecting to teach young Americans about our great heritage
of liberty and presenting them instead with a dishonest narrative
that America is fundamentally unjust and unfair, etc. Hillsdale College
is weighing in for America. They're offering a free online
(13:16):
course such as the Great American Story A Land of Hope. Also,
they have their other free course, Constitution one on one
the meaning and the history of the Constitution as we
now just passed constitution days. I encourage all of you
to enroll in one of these wonderful courses at Hillsdale
and encourage your friends and your co workers to do
(13:36):
the same. Anyway you can begin. You're free Hillsdale College
course today. Just go to Sean Hillsdale one word dot com.
It's sea n FO R Hillsdale dot com and you're
gonna love Hillsdale College. We continue now with David Social
Steed More and our discussion of the seventy five bases
(13:56):
point increase and interest rates. Yet again today what's happening
at the border. If we would have kept the Trump policies,
it would have been preventable. If we would have kept
energy independence, we were net exporter of energy, we could
actually not not only would we be paying lower gas prices,
it would dramatically impact inflation and lower the inflation struggle
that couples have on average sixty five and sixty eight
(14:19):
hundred dollars a year in Biden inflation tax. It would
lower the cost of every good and that's delivered to
every store that we go to, everything that we purchased,
because it would be cheaper to get it there. And
then we could take it to the next level, and
that would be energy dominance because Western Europe right now
they need energy. Germany, Italy looking at one hundred and
(14:40):
seventy five percent increase in their heating bills this winter alone,
some people would be paying thirty percent of their yearly
income just to heat their homeless winner David, Yeah, it's
coming here, Shan. And just as a slight twist, you know,
the reason Adam Brand that wrote this book American Perspective,
is to get people to understand this election is critical.
(15:00):
If you look at how our country, how our president
is turning into a monarch. You know, we are a
government that was formed by our founding fathers. We the people,
were governed by the people, and they are working very
hard to take it away. If you look at a
fetterman in Pennsylvania vowing to do away with the filibuster
(15:21):
in the Senate so that they can destroy the Supreme Court.
If we break down the checks and balances in this
country and give people like Joe Biden and Barack Obama, etc.
The right to destroy this society over time, we have
to blame ourselves, Conservatives, independent, This election is not about
(15:43):
the individual, It's about a party, that's out of control
on the progressive side, and they want to do away
with the Supreme Court. They want to add senators to
the Senate. It's crazy. Our constitution forces consensus and that
was the purpose of our founding fathers, so that people
control it. You know when the Prisie Night states there's
a speech in Massachusetts and says, well, the courts won't
(16:06):
let me do it. Congress won't give me what I want,
so I'll do it myself. That's not America, that's Russia,
that's China. And people need to pay attention because we
are going to lose control of this country if we
lose the Supreme Court. All right, guys, I gotta take
a quick break. We'll come back. We really appreciate you
both being with us, Our friends, David Sokol and Steve Moore.
(16:26):
Eight hundred nine four one sewn your calls straight ahead
as we continue Hi twenty five nouns at the top
of the hour. Eight hundred nine four one sewn our number.
If you want to be a part of the program,
We'll be interviewing President Trump tonight. A lot of ground
to cover. With the announcement of the civil suit against Trump,
the Trump family, the Trump Kids, the Trump organization, the
Trump provocable trust, you name it, against pretty much everybody,
(16:49):
but again, a civil suit fulfilling her campaign promise. That's
the age of New York. Latitia James, all right, let's
get to your calls. You've been very patient today. We've
had a lot of news to fit in here. Let's
say hide to Zachary. He's out on Long Island in
New York, by the way, which went red in the
last election. It will be imperative if Zelden has any
(17:10):
chance to be governor. How are you, Zachary Glad? You called?
Sean Glad, I called, and I'm doing well. Thank you
for asking. I am yes, hoping that Red keeps Long
Island stays red and Zeldn gets elected. First, first thing
I want to say is I admire what you've accomplished
in life. I come from the same place and work
my you know what off just like you did to
(17:31):
get through school and to get through life. Nobody ever
handed me anything. What's interesting is you and I get
vilified for having some success in our lives. But if
you're a basketball player or or a finger, you don't
get villified for having a lot of money anyway I
have doesn't bother me. And you know what coming from
I think it's one of the best pluss things in
(17:52):
my life. Blue collar work keeps me grounded. It kept
me grounded. My belief in God keeps me grounded, keeps
you know, and then you know things don't make you happy.
And remember one other thing. We're all renters. Oh, I
own my house. You don't own your house. I own
my car. You don't own your car because when you die,
somebody else will be living in your house and driving
(18:14):
your stupid car that you love so much. Right, that's
exactly right. I agree with you one hundred percent. But
it's you know what, what you've accomplished, I admire. It's
a lot of work. I did the same thing, and
I'm glad for it. Anyway, I'd like to run something
by you. You know, a lot of people wonder why
are the Democrats are ruining the country. Why are they
leaving the border open? And why is there a crime
(18:34):
everywhere and being allowed more and more? Why is the
economy going into the un where I have a theory.
I think they want this country over the next several
months or even couple of years, to get worse and
worse and worse, because then I know they're going to
lose the election. They may they have a good chance
of losing a presidential election. And after that, when things
(18:55):
are horrific and the Republicans are in power, they are
going to claim we have all the solutions, like the
hirefighter turned arsonist. And they are sure that's going to
get them reelected with more power than they have now,
because by then they'll be able to take over everything. No,
no one energy in your house. Oh, the government runs
the energy, now, that kind of thing. Can I fine
(19:16):
tune what you're saying here? Yes, it is by design,
but let me just fine tuned to hair and see
if you agree with me. Is they and they keep
stating it, they want to transition off of fossil fuels
to renewable energy independence to quote Pee Buddha judge, that's fine.
(19:38):
If you can get us cheaper, cleaner energy, I'm all
for it. I'm gonna all the above. Guy, you're gonna
save me money, I'm all for it. If you can
get me an electric vehicle that doesn't cost twenty two
grand more than my vehicle and doesn't rely on the
fossil fuel electric grid to be to be recharged. Fine,
that's here's their problem. They don't have the technology. They
(20:02):
don't have the alternative. So even in the short term,
and I'm defining short term by the next two decades,
I don't see any realistic hope of them achieving this,
and they're trying to force it upon us without a
viable alternative. And yes, they think they're doing God's work
because they think, like AOC said a couple of years ago,
(20:24):
we had twelve years left, and I made fun of it.
I'm like, Okay, if we have twelve years left, why
are we working so hard. We might as well just
have fun. We'll have one big party, we'll go out together.
But that's but al Gore has been proclaiming this for decades,
so it's not based on reality technology science. They don't
have the renewables to the point that anywhere close to
(20:48):
replacing fossil fuels, so they stupidly I agree with what
you're saying totally, but my point is that they don't
care they have the solution or not. This ruination of
the country over the next whatever it is that's going
to allow them election. They're going to promise they're going
to fix everything, and they can't, but everybody's But they've
implemented these policies and we've had what a forty one
(21:10):
year record in inflation, record high gas prices, and by
the way, they're lower temporarily because he's frankly irresponsibly for
national security reasons, tapped into the strategic petroleum reserves. Those
gas prices they're all going up, mark my words, it's
gonna and we're now going to be paying more for energy.
(21:33):
But I'm saying they're forcing something without the science to
back it up. That's a problem. Ye yep, But I
think they can't care whether they can back it up
or not. All they want to do is have everything
horrible while the Republicans are in power and then offer
full solutions just to get that elected. They can't fix it,
of course, not nobody can, You're right, But that's not
their point. They just want to offer solutions to get reelected,
(21:55):
all right, Zach listen. I hope there's some genius, radical
mental climate alarmist cult member out there that comes up
with cheap energy that's cleaner than what we got. Guess what,
You're going to be a trillionaire. But that's not going
to happen in the near future that I can see.
They don't have the technology. Nancy is in Rhode Island.
(22:16):
I lived there five years and I lived in Warren,
Rhode Island. I hope you know where it is. Yes,
I do. I love Rhode Island originally through to New York. Yes,
it is beautiful. I want to say thank you for
taking my call, and I really want to commend you
first and foremost on your coverage on this disaster that's
(22:39):
going on on our border. Your coverage is second to none.
Your insight, your interviews, you are spot on with that.
I never missed your show. You're doing a great job,
and I want to just want to say keep up
the great work on that. You're the best. Well, it's
sad because you know, we set a record yesterday, you know,
(22:59):
for the first time in the history of this country,
two million illegal immigrants and it's only September. Now. If
you want to border security and you want lower energy prices,
and you want to fix the economy, and you want
to not spend these billions and billions, hundreds of billions
that Joe Biden was promising at the UN today, there's
(23:20):
a way out, and that is to elect the Republicans
in the House and Senate in forty eight days. I
don't have the ability to do that for everybody. I
only have one vote, but all of you together have
the power to change this country and get us back
on tracks. I was just thinking it would be great
as far as these governors that are sending illegals to
(23:41):
the sanctuary cities, it would be great to use Kamala
Harris's words against her and tell her they will not stop,
and they should not stop, and they should continue and
they should not let up use her own words against
her that she used when she was talking about the
pro testers in regard to these governors sending the illegals
(24:05):
all over to these sanctuary cities. They should not stop.
They should just keep on doing it until the rest
of the country gets the idea that this is not okay.
In Florida and Texas should not be bearing the brunt
of all these illegals people coming over our border. It's
just an absolute disaster and something's got to be done.
(24:27):
Something has definitely got to be done again forty eight days.
A lot of things can change if we get the
House and Senate and Senate. It's going to be hard.
I'm not pollyannish about this. Florida, Georgia, North and South Carolina,
New Hampshire, Pennsylvania, Ohio. Certainly the state of Wisconsin is
(24:49):
in there. We have Missouri, we have Nevada, we have Colorado,
we have Arizona, we have Washington State. By the way,
the state of Connecticut may even be in play there.
So we've got to just do our best to get
everybody out to vote. That means you can't you have
to embrace all the conservatives I know that have been
(25:10):
so anti mail in voting, early voting, etc. You're gonna
have to get over it for now because until Republicans
can get control of state legislatures and get the governorships back, um,
it's gonna be the system you have, not the one
you wish you had. And that means that if Democrats
are going to take advantage of that system, we need
to be on the same playing field to maximize our
(25:33):
chances of success. Anyway, good call, Thank you for your
kind words. Uh, I was getting beginning to blush, Linda,
is that bad? I don't know. I mean, you're pretty pale.
I think blushing probably looks good on you. Well, that's
called makeup for TV. Listen. I mean, people are very
kind and they don't have a lot of places to
go to, so I'm very grateful. People tell me when
(25:54):
they meet me in person, but you look younger in person,
You're skinnier in person, You're you're taller in person. I'm like,
so I'm old, fat and short on TV. But it's true.
I mean TV does add ten pounds that. I mean,
it's just part of the business. And when people see
me with makeup on, I just give them the pose
and the coffin look. I'm like, this is what I'm
(26:15):
gonna look like in my call because it looks exactly
like a corpse. You know, because you've been there, you've
seen it. Is there any difference or am I telling
the truth? I mean, you know, I cannot tell why
you are preaching from the truth the truth pulpit as usual.
All right, let's get to our busy, busy phones. Let's
(26:36):
say hi to Brad in Vegas. What's up, Brad? Now
you have Adam Laxalt now pulling ahead in that Senate race.
That is a huge pickup for Republicans if we can
get that just like Blake Masters and Carrie Lake in Arizona.
They'd be huge opportunities for a Republicans. Hey, Sean, now
we're doing today. Thank you for taking my call. Thank you.
(26:58):
How are you? I'm doing all right. I'm doing all right. Hey,
just real quick. I was just I mean, I don't
understand how we have this so called immigration problem. If
our borders are so tight, why don't why don't we
do it like Vega says, with their time shares and
have them signed some paperwork and then if they sit
through the presentation, then they get a gift of a
(27:19):
plane fight somewhere. Then there's just a tourist that's unprepared.
You know. Look, I think all these lawsuits, I think
are really given Republicans the biggest opportunity that they've ever had.
Number One, well, Greg Abbott and Rhonda Santis have done
here as exposed just the rank hypocrisy at a very
very high level. So when I read that, you know,
(27:40):
all these lawsuits are coming, I'm kind of laughing to
myself because what this mean is democratic lawyers, you know,
exploit This is the exploitation of migrants, This is kidnapping,
this is human trafficking. I'm like, okay, So they want
to sue over that, Well, guess who's going to get
the next lawsuit. Joe Biden's going to be sued next.
(28:01):
That's the person will be sued, and for good reason,
because he's been aiding and abetting the law breaking the
whole time and facilitating it. He's given preferential treatment to
illegal immigrants, as we have chronicled, and Joe Biden himself
is a human trafficker based on their definition, and they
have shown themselves, based on their own definition, to be
xenophobic and racist because they were out of Martha's vineyard,
(28:25):
Matha's vineyard in less than twenty four hours, you know,
anywhere but my backyard and sanctuary cities like Washington, d C.
New York City, Matha's vineyard, you name it. Yeah, it
just it just blows me away. I don't understand how
people can be so blind, but beget it. At the
same time, half the country voted for Biden. That's not
(28:48):
good anyway. Let's get to our busy phones. Let's say
hi to Don Is in Iowa. Don. How are you, hey, Don?
What's up? Glad you called Sean? Thank you for taking
my call. I appreciate it. I'm a truck driver over
the road, and I've been very concerned with everything that's
(29:08):
going on, and that includes these lawsuits against Republican governors.
And the Democrats have shown their hand by doing it
or the excuse me, criminal charges against Republicans, and that
includes the charges against Trump. And the Democrats are just
showing that they're just going to charge Republicans with everything.
(29:29):
They They're just going to keep pressing charges and pressing charges,
and they're proving that what Joe Biden has been doing
by shipping illegal aliens around the country is illegal in itself.
It is trafficking and we are just you know, we
are victims of it. But like Sliski says, always charge
(29:51):
your opponent with that that which you are guilty. So,
you know, Bill Barr has been very critical of Trump lately,
and anyway, he went on a rampage to that about
Latitia James and anyway, when it comes to this ridiculous
suit today and it's a civil suit. Anyway, he says
she doesn't have a leg to stand on. And he
(30:13):
dismissed the central allegation that Trump overvalued his properties to
secure inflated bank loans. He pointed out what I've been
saying that property valuations are highly subjective and banks don't
take the customer's word for an asset's worth. They make
their own loan decisions based on their own valuations because
they have a fiduciary responsibility to do so. And anybody
(30:37):
that thinks any differently is out of their out of
their mind anyway. Eight hundred nine f one seawn is
our number. Hang on it, hey, I don't remind you
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all right, that's gonna wrap things up today. Donald Trump
(32:03):
pull the full hour tonight on Hannity, a must watch,
I think his first TV interview since the Rate at
mar Lago. It'll be at Mara Lago. We'll be asking
about Latitia James. We'll be talking about equal justice, application
of our laws. We'll be talking about criminalizing political differences.
We'll talk about the midterms. We'll talk about the economy,
(32:24):
we'll talk about energy, we'll talk about the borders. You
name it, we'll get to it. Nine Eastern Tonight News
you'll never get from the mob and the media. Hannity,
Fox News. We'll see you tonight, back here tomorrow. Thank
you for making this show possible.
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Sean Hannity
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