March 10, 2025 • 36 mins
Senator Adam Schiff thinks he knows more about the economy and tariffs than President Trump. Secretary of Commerce Howard Lutnick. Emotionally dug in. Randi Weingarten meltdown on MSNBC over President Trump's plan to abolish the Department of Education. Teachers Unions are a cartel. Columbia University funding pulled by President Trump. Alan Dershowitz says Barnard is not a real school; it's a bunch of radical programs. Elon Musk says X was hit with a massive cyberattack. Dark Storm Team announces on Telegram they are responsible and are also pro-Hamas. Unsinkable aircraft carrier for free speech. Cheap fakes. DOGE. American Jews are starting to see that the Democrat Party is home to antisemitism. Radical Islamists and Jihadists celebrate death more than they value life. Clay and Buck podcast Network. Larry Kudlow. Caller Bill from Naples, FL asks who are we borrowing money from and paying interest to?
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Third hour of Clay and Buck kicks off. Now appreciate
you being here with us, and we have Democrats diving
into a rough day in the market's trying to blame
Donald Trump. Not a surprise there. Anything that goes wrong,
and it goes wrong, it is even too strong. Anything
that isn't awesome always trumps fall. That is what they
(00:26):
will tell us. That's because they don't have an agenda
to speak of, or at least one that they want
to speak of right now, given how things are trending
for Democrats. This is Oh boy, we get a lot
of this shifty Adam Schiff. This is cut thirteen. He's
out there telling everybody Trump is destroying the economy. Play.
Speaker 2 (00:48):
I was just listening to your guests to precede me
trying to explain that these tariffs is on again, off again,
tariffs are not about trade. It's a drug war. And
then but next month that's a trade war, but now
it's a drug war. It was incomprehensible, and he was
also trying to say that numbers, the job numbers that
came in less than expected are somehow good news. They're
(01:08):
destroying the economy and they're making it harder and harder
for Americans to afford things. That's where we need to
keep the focus.
Speaker 1 (01:17):
What does absolutely disgraceful Adam Schiff know about the economy? Really?
Does he know more about markets and trade than Donald Trump?
This is what he's fascinating. Does he really think he
understands the marketplace better than the billionaire global media mogul
real estate entrepreneur who has become president for a second time,
(01:40):
I just with the entire machine arrayed against him, Does
he really think he knows more? Isn't that just an
incredible amount of hubris for a truly oleaginous and shifty,
nasty little fellow in mister shit, Yes he is, uh,
(02:04):
he thinks he knows more, he thinks he knows better,
or he just hates Trump, of course because he couldn't
throw him in prison. So now he'll continue with the
same line of anti Trumpism that he has engaged in
up to this point. Over at MSNBC, they got the
memo apparently from the DNC for whoever's watching, not that
anybody really is. This has cut fourteen. Oh my gosh,
(02:26):
there could be a recession play fourteen.
Speaker 3 (02:28):
I think what you're hearing from Trump is what we're
also hearing from a lot of economists. Right, there could
be a recession over the next twelve months. Right by
the definition of it, consumer confidence is down. All of
those things are true. In tears aren't great. He is
finally kind of in a way that he never has before,
being really honest about the impact that some of this
may have. Right when he told the farmers there may
(02:49):
be a little bit of pain. That's probably as much
as we're going to get out of him, just a
recognition that it's going to be much more difficult for
folks before it gets better, if it does.
Speaker 1 (03:00):
Actually, that's pretty pretty accurate in that Trump has been
saying it and people talking about recession, well, you know,
not really the recession is very straightforward. We know two
quarters of negative GDP growth, So that's it. We have
a a functioning definition, which was the definition until there
was that under Biden. But remember they lied about the
(03:21):
jobs numbers. They spend all this government money, meaning money
by the government on government to seem like there are
more jobs and to expand the economy through just expenditure,
which is really debt. Debt used to make it. See
imagine if you were like, hey, I'm not bringing in
as much money as I need to for my household
these days, so I'm just going to max out all
(03:43):
my credit cards. But look at all the spending that
I've been doing. Isn't that great? No, that's bad, it's bad.
Don't do that. So this is where we are with
the economy. Here is for a little bit of sanity
on this stuff. Sanity check. Secretary of Commerce Lutnick, it's
cut twelve. He's just saying, Look, it's going to be
a process, but we know where we're going, we know
(04:05):
what we're doing, and the A team is in charge. Blake.
Speaker 4 (04:09):
The deal starts April second. The deal starts April second.
Of reciprocal tariffs. The President is going to negotiate country
by country. He's going to drive down other countries barriers,
unleashing our farmers, our ranchers, and our fishermen. They're going
to explode in value, and the prices of American produce,
(04:30):
grow crops, produce, and fish are going to come down
because our American industries are going to win around the
world because finally, finally, Donald Trump is behind them, protecting them.
He's got their back, and he's going to make them winners,
and that all of America is going to be winners
because these prices are coming down and the process starts
(04:50):
April second.
Speaker 1 (04:52):
So he's saying, notice, reciprocal terriffs, reciprocal tariffs. This is
very important. And I think that the Trump administration's moves
when it came to China are a good indicator of
how things are going to play out here. Initially when
Trump was taking actions against China, and remember, part of
(05:14):
it is just the negotiation saying, hey, if you don't
do X, we're gonna do Why if you don't play
ball here, We're gonna do something that you don't really
want us to do.
Speaker 5 (05:23):
Right.
Speaker 1 (05:24):
That's that's what negotiation is, isn't it. You give me this,
I give you that, you don't give me that, I
give you this. Whatever. But on China, we were told, oh,
it's going to lead to a trade war with China,
and that forced a conversation. I'm talking about term one
now twenty sixteen to twenty twenty or twenty seventeen to
twenty twenty. That forced a conversation which was hold on
(05:47):
a second, if it's so self defeating to have any
of these trade bearers in place, why does China have
so many of them? And okay, let's just take for
the purposes of conversation, let's take it as established that
tariffs and I don't take it as established, but just
for purpose conversation, let's assume that tariffs are something that
(06:11):
countries do that help some within the country, but at
the expense of the whole, so that they are taken
as a whole self defeating, even though there clearly are
some beneficiaries. Right, we know that everyone knows that there
are some beneficiaries to terrofts, but that it's oh, there's
a repricing and industry is less competitive, and I know
the whole I know the whole economic theory behind it.
(06:34):
Why should China do this to us and we just
sit there and take it? But why does that make
any sense? Why not get them to drop some of
their terrofts by saying, look, if you don't do this,
we're going to do that. That seems to make sense,
doesn't it. He's talking about reciprocal That was Lutnik, Secretary
of Commerce talking about reciprocal tariffs. And this is even
the case, as I mentioned with with Canada, which has
(06:59):
a lot of a lot of tariffs against the United
States for our trade. And so this is where I
think there's going to be a lot of hemming and
hang about what Trump is doing. But let's see first
what actually happens here. And I do also think it's
very important that there be, uh, there be enough time
(07:21):
given to some of this. Trump has been in office
two months, not even right. I'm trying to do the
math in my head right now, it'll be two months soon.
It hasn't been two months yet, and already we've seen
a lot of very smart decisions with very smart people
in place. And I would also note they'll call Elon
Musk dumb, so they don't really care about reality at all,
(07:43):
do they. The Democrats will attack the people who are
clearly the most capable, you know, the most capable in
the areas of restructuring, you know, corporate streamlining, building industry,
just being really smart. There are a lot of really
(08:04):
smart people around Trump right now. Trump being one of them,
but there are a lot of really smart people around
him that I don't think any serious person could argue
are not highly These people are not highly capable, very
good at what they do. I mean, Elon is the
most perfect example of this. He is the most incredible
entrepreneur and corporate visionary of the era period, full stop.
(08:31):
There are others who are very, very good, but Elon
is in a class by himself. He is the guy,
and he is donating a lot of his time to
the government to help the government stop lighting money on
fire and doing dumb things and lacking accountability and lacking transparency.
And they'll they call him a dumb billionaire. The Democrats
(08:54):
are saying this stuff. Hey, this is just appealing to
the emotions of people who are incapable of self care,
who are incapable of taking on new data, new information
and coming to conclusions based on that. They are, like
I say, they are emotionally dug in and will not
will not move in. All they want to be told
(09:15):
is that they're right, that they're smart, they're good, and
everything else can be ignored. So all these changes that
are being made right now, all the things that we
see that are going on with the economy, specifically, ignore
the haters. There is a strategy behind this, and the
(09:37):
strategy looks at the realities of what has been going on. Now.
There's also just going to be fun stuff like watching
somebody who has been so damaging to a lot of things,
but to the children of America specifically. I think she's
I think is Randy Winingarden AFT. It's one of these
big teachers unions. Teachers unions should be abolished. Let me
(09:58):
just put that out there. Publics schools should not have
There should be no union, no bargaining agreement for public
school sorry, the district, the state should set the parameters. Here,
here's the job take that. There should be no public
sector unions for teachers. But huge source of funding and
votes for Democrats nationally huge, So we have to deal
with this. It is really a cartel. It's actually a
(10:21):
very good movie called The Cartel. I forget the guy
who made it about the teachers unions in New Jersey.
It's outrageous, outrageous, man, this was made like I think
fifteen or twenty years ago. But it is a cartel,
and Randy Winegarden is one of the padrones or no
whatever the feminine of padrona. I don't know. The you know,
(10:43):
the head of the cartel, whatever you call the head
of the cartel. Leader. There you go, Randy Winegarden, chief commissar.
I like that better. Chief Commissar of the Teachers Union
Politburow and she is very upset over on MSNBC because
Trump's going to try to get rid of the Department
of Education. Play nine.
Speaker 6 (11:03):
That's why so many people are so mad about it,
because they're just taking opportunity away from kids and all
have it. So billionaires, kids are billionaires, they have it.
They go to private schools. Everyone else ninety percent go
to public schools. Don't take away their opportunity. So let's
stay on the fact. Sorry, I'm really angry about this
(11:24):
because I'm really angry.
Speaker 1 (11:27):
I'm really angry. Notice that she immediately goes to the
kids of billionaires. I think there are a thousand billionaires
in the entire country. And by the way, am I
right on that one. I think it's something like that.
It's maybe less than a thousand, but there aren't that
many billionaires. But she immediately goes plays the class warfare
card like the lazy commissar she is immediately goes to
the children of billionaires. Oh, I don't know, how about
(11:50):
the Department of Education doesn't even fund public education. The
Department of Education is just a slush fund and a
policy shop for left wing radicals. Who want to indoctrinate
kids and use the education system as not only an
indoctrination system, but also for votes and for the Democrat
(12:12):
Party to have the power base that it does, especially
in cities where the teachers union. You can't get elected
in a lot of these cities that the teachers' union
is against you, which is outrageous. And a public school system,
as we know, it's more expensive all the time, does
not improve results, does not improve results. So and Randy Winingarden,
(12:34):
I have no sympathy. I have nothing but professionally contempt
for her as somebody who wanted to make sure that
a lot of teachers who by the teachers aren't in
their seventies, the teachers in the public school system are
in their late twenties, thirties, forties. They all wanted paid
vacations to stay home and pretend they're doing zoom learning
(12:55):
during COVID. So Winegarden made sure that Biden kept the
schools closed. You remember that kids could suffer. Oh, she
cares so much about the kids, right, that's the big
game that they play. You spend any time around anybody
who's at the top of these teachers' unions. You hear them.
It's all a game to them. It's all about making
sure that adults are in it. Who are teaching, right,
(13:18):
And when I say teaching, I actually should say who
work for the school system, because the administrative ranks of
the public school system in this country have grown something
like six to one in the last twenty years versus
the teacher's ranks. So they're just hiring all these people
to coordinate among other people whose jobs are to coordinate
among the people who are teaching the kids. Just larding
(13:41):
up the payroll with as many you know, well, what
do you even do? I mean, how many vice principles
can one school district use? Apparently a lot, all making
you know, two hundred and three hundred grand depends on
what you're talking about. What do they do? So that's
what she's there to make make sure that your tax
dollars keep getting funneled to these programs that don't improve ever,
(14:07):
and that make sure that kids don't have choice, make
sure that parents don't have any other options. You have
to go to the school assigned by the commissars, and
you have to just do whatever the comrades tell you
or else. And uh, Trump says we're gonna shake things up.
They should. They should eliminate the Department of Education, and
(14:29):
they should salt the earth once they've brought down the
edifice where it currently stands. It has been nothing but
downside when you look at the history of this entity.
So let's hope. Here's hoping. This Coming Wednesday, before the show,
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We're doing this at eleven am, in fact eleven two
(14:52):
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but I think you're to find it really interesting and
you could benefit from a big time. I grew up
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the markets. He's been doing this for many decades, so
(15:12):
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Super easy few to register free of charge. Like I said,
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Speaker 7 (15:51):
You can count on as some laughs too, Clay Travis
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Speaker 1 (16:01):
Speaking of education, which we were just a moment ago,
Columbia University. My dad actually went to Columbia University. Columbia
University is having a tough one with Trump right now
because there's some funding that is going to be at issue.
Trump pulled four hundred dollars for sorry, four hundred million
(16:25):
dollars from Columbia over the very deep seated and crazy
anti Semitic protests there. As you know, this is an
Ivy League university, very elite. Alan Dershowitz, Professor Emeritis at
Harvard Law School, weighed in on this one and on
Barnard specifically, which is a part of or affiliated with
(16:46):
Columbia University where all women's college play eleven. Barnard is
not a real school.
Speaker 8 (16:52):
It's a collection of programs that are rather well. Here,
for example, is the website of one of those groups,
and this is the university itself on its website saying
smash the white supremacist hetero patriarchy.
Speaker 1 (17:10):
And that's what they're teaching these students.
Speaker 8 (17:13):
They're not teaching these students how to think critically, they're
teaching them what to think automatically.
Speaker 1 (17:20):
And so this is the beginning.
Speaker 8 (17:22):
But until all funding is cut off for all of
these fake university programs, we're going to see a continuation
of this anti americanism.
Speaker 1 (17:34):
That's one of my favorite professor Dershwitz quotes. I gotta
say Barnard is not a real school. Wow throwing haymakers.
He's not messing around. But you know, you mess with
the dirst, that's what you're gonna get. Look, feeling secure
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four safe, eight four four A two four safe. Talking
about Elon Musk before and so here we are now
(19:00):
seeing that X, the company formerly known as Twitter, which
he owns he bought for forty four billion dollars, has
been hit by a quote massive cyber attack. It has
been on and offline pretty much all morning. A hacking
(19:22):
group calling itself dark Storm Team has announced on telegram
that they are behind taking down X. Multiple times today
this has occurred, and people are analyzing this isn't confirmed,
analyzing that this group is pro Hamas. So that's that's interesting.
(19:45):
That'll give you a sense of whether these are Are
they the good guys or the bad guys? Beyond the
shutting down free speech and attacking a private company and
all of its users because they're throwing a tantrum, the
whole pro Hamas thing very good indicator that these are
not the good guys in anything, and it's amazing that
(20:07):
any entity, any individual at all could not see Hamas
for what it is. I would just also point out
that we talked about a moment ago what's going on
at Columbia University with Trump saying they're going to pull
hundreds of millions of dollars in federal grants from Columbia.
They should start to do this, I might add for
colleges and universities that don't abide by the Supreme Court's
(20:30):
ruling on the illegitimacy of affirmative action and the use
of racial preferences. I don't know if they've already got
this planned or lined up, but that should be that
should be the play. If you know, Harvard or Duke
or Stanford or wherever wants to keep doing what they do,
which is a quota system that they pretend is not
(20:53):
a quota system so that they can have certain quote
disadvantage minorities represented in greater numbers than they would based
on actual grades and test scores and what would be
considered generally academic merit. They should pull federal funding for them,
federal grants. They said, oh, we're private institutions. Okay, Columbia
(21:14):
University is a private institution, gets a lot of money
from the government. Isn't that remarkable. A big thing that
we see from what Elon has been doing is just
the awareness now of how much the federal government is
in the business of business and funding all these different things.
(21:36):
Now some of these aren't really they're political businesses, if
you will, but that you could have, for example, Stacy
Abrams involved in or running an organization that gets two
billion dollars from the government. I mean, I think about this,
and I've worked at media startups. I've worked you know,
I was at the Blaze when it just began with Glenn,
and I was at I launched Hill TV, and I've
(21:58):
been at places and I'm familiar with what it's like
in the early days. And your budget has to be
very lean. You have to grow wait for the subscribers
or the viewers to come, so then you have the
ad dollars to support a bigger infrastructure. If you gave
me a two billion dollars, I could create an unsingable
(22:19):
aircraft carrier of freedom and free speech and pro America
in the media. I mean, it would be insane what
I could do with two billion dollars just given to
me as a grant. Okay, I get to just pay
people salaries and put money into all kinds of different
ventures and things that I want to do. This is
(22:39):
happening in this country. It just hasn't been happening on
our side. It hasn't been happening for those of us
who thought that this was supposed to be a free
market economy. Something else is going on. But they have
attacked X and I think there's a lot of anger
towards Eline. Well, that's for sure. He says he gets
(23:02):
death threats now all the time. But there are a
lot of people who have attached themselves to very left
wing narratives who blame Elon and X, because that has
made it a lot harder for them to get away
with the nonsense. Because there's a place where information can
get tested in real time by the people using the
(23:25):
platform without the kind of left wing bias and censorship
that had dominated these platforms in previous years. It's really
really important. You know, Donald Trump made an incredible comeback
in politics from the twenty twenty situation and then made
it through all these obstacles, And you can't take anything
(23:47):
away from the guy because he's just he's amazing. He
is a political phenomenon, a force of nature, and I
think many people view it as as divine inspiration for
the country rather as divinely inspired for the future of
this country. And that's all true. Elon Musk buying X
was very important for the twenty twenty four election because
(24:13):
now when they would try the lot a perfect example,
they say, they try the cheap fakes thing. They say, oh,
but you're you're lying. Joe Biden sharp is attack. He's
sharp as attack, the sharpest he's ever been. And they
try this and we go, hold on a second, I
saw him and he was Folks, it's kind of muttering.
(24:36):
You don't know what's going on. That's not sharpest attack.
What's happening here? Okay, Then they say the videos like
the one that I just did, an interpretation of a
dramatic buck interpretation of a Biden video er not a joke,
not a joke, and you know that that's going on,
they say they're cheap fakes. Now, in the media environment
(24:59):
of let's say, uh twenty nineteen, twenty twenty, they would
have gotten away with that much more so, at least
because they could have just adjusted on the back end.
They'd say, oh, we're adjusting the disinformation. We think there
are fake videos AI, you know, generated videos of Biden
(25:20):
looking like he has dementia, which he does, and so
they're just going to throttle it so that you don't
see it. And they would have been able to do that.
Now you could say, eventually, you know, shows like this
one would get the truth out. Yeah. Sure, But the
whole cheap fakes thing lasted about forty eight hours because
the Internet starting with X. But then come you know,
(25:44):
then there's the second order effects of being able to
find it on X and then the websites have it,
and the show's habit, and Fox News has it, and
everybody full of clips of Biden looking like it, like
he didn't know where he was and what universe we're in.
So it was really important that we had that information
ecosystem opened in this last election. And what Elon was
(26:05):
doing with that. I mean, we've been talking. I've been
talking to you and Clay and I have been talking
to you a lot about the Doge mission, but the
open information ecosystem that he created with ECK is essential.
Think about this. Facebook ticked. All of them should be
like this, but they're not. They're not. They've gotten a
(26:27):
little bit better. They're less aggressively stalinist at meta, Facebook
and Instagram now than they were during COVID and in
the first couple of years of Biden. They're less stalinist
than they were, but they're still not to be trusted.
There's still has to be trusted. And you know, truth
(26:48):
Social was able to remember truth Social you punched through
the information ecosystem for our side. But there are no libs,
there are no leftists really on truth Social. Okay, the
truth Social is our team and Rumble. You know, maybe
there's some leftists, but it's mostly our team as well,
because if you are if you believe in free speech,
(27:12):
you are at least leaning right on one of the
core issues of our time. And so the Democrat Party
is anti free speech avowedly. So I mean, they say
that you shouldn't be able to dead name trans people.
They say that you shouldn't be able to engage in
hate speech, which means you can't call somebody an I
legal alien anymore. I mean, there's just they are the
(27:32):
censorship team, the censorship party. And then that brings you
back to the cyber attack here on x which has
been down throughout the day and I can't remember the
last time something like this happened, but this group that
has reportedly pro Hamas. The problem with being pro Hamas
is the more people know about Hamas, the more they
(27:52):
realize they're the bad guys, that there is no there's
no other direction. The greater one ignorance of Hamas, particularly
in this country, the more likely I think one is
to fall to the propaganda that it's a resistance organization
that does a lot of nice charity work too, or
something right. These are the euphemisms that people try to
(28:14):
come up with same thing. Used to be the case
among American leftists Hesbola and Lebanon. They would say, oh,
but look at all that they operate soup kitchens. Yeah,
they operate soup kitchens and suicide bomb factories. You know,
one doesn't cancel out the other.
Speaker 2 (28:29):
And on.
Speaker 1 (28:31):
Hamas specifically, you see that there are these that the
Democrat Party because there is both a religious and racial
solidarity among Democrats with Hamas, because it is Muslim and
non white, and that's how they view it. The Democrats
have a really tough problem here because for American Jews
(28:54):
who are paying attention and care about this, the Democrat
Party is a home, is an open home for anti Semitism, now,
for anti Jewish thought, and for elevating the mortal enemies
not just of Israel, but of the Jewish people, as
in people that want to eliminate the Jewish people, which
is certainly true of Hamas, certainly true of has well A,
(29:16):
certainly true of the Amula's in Tehran. And to give
a sense of the kind of hatred that you're talking
about here, I remember years ago a friend of mine
at this she ended up going to the State Department
this is like we're going back now twenty years ish
and she, as part of a research project, did interviews
(29:38):
with the families of Hamas suicide bombers. And this had
to do with the Second Intifada in Israel. Intefata means uprising.
A lot of people mispronounced it online. They'll say infatada
or something. It's intifada, the second into fada. The first
into Fada was you know, a decade plus before, but
(30:01):
the second andy fat had a lot of horrific suicide
bombings and this led to Israel building the wall and
the because wall's work for the barrier. And she went
she interviewed these families and it was really terrifying to
her how many people she could sit down with and
(30:22):
interview them and they would say, and I think it
was in cities like Knobilists and Janine, I'm trying to
remember now. And she would go and she sit down
with them and they would say. These mothers would tell
her that their son or this woman's son, who had
gone into a pizzeria in Jerusalem and blown up a
(30:43):
dozen people, women and children, the elderly had done the
bravest and greatest thing imaginable and the mother was so
proud of the martyr, and this was a this was
a celebrated part of the culture, and no one had
problem with this. West Bank Gaza strip didn't matter. This
(31:04):
was the mentality. It's a death cult. It's a death cult.
The death of their own child in the process of
killing other children or other people's children was celebrated, and
nothing has changed. That is still the mentality. You know,
there's something that that the Islamists say, you know, we
love death more than you love life. This has been
(31:26):
something that jihadists and radical Islam, which is a very
interesting term itself, but that's a conversation for another day.
They have said that it is true, and that tells
you everything you need to know about the movement. They
love death more than we love life, and they think
that's their great advantage over us. Of course they've seed,
they've seeded everything before that even starts, because we have
(31:50):
to do everything we can to defeat them, just as
the Israelis have to do everything they can to defeat Hamas.
Because you can't have there's no figuring it out with
people who are obsessed with death, your death as a
means of achieving power for their movement for their religion,
so that this Elon Musk rather this is group X.
(32:10):
Sorry this I'm trying to remember the name of the
group here, what is it called? Dark Storm? There we go,
This dark Storm group that has attacked Elon Musk's X
is pro Hamas reportedly is not surprising at all because
they have to hate free speech, because free speech means
it's more likely the truth will get out. And if
the truth gets out about a group like Hamas, just
(32:31):
like so many other things with the Democrats these days,
that they support, more and more people will turn against it.
So you got to shut it off. The people that
don't want free thought, free expression, they are the ones
who are who are causing the problems. I'm sitting here
right now with my chalk daily in my hand. Actually,
if you're on the video stream you can see it.
I take chalk daily every day. I've gotten in much
(32:53):
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the way, diets number one, diet, an exercise one and two.
Proper supplementation though has to be right in there at
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Speaker 7 (34:04):
News and politics, but also a little comic relief. Clay
Travis and Buck Sexton find them on the free iHeartRadio
app or wherever you get your podcasts.
Speaker 1 (34:14):
All right, we're closing up shop today on Clay and
Box show flew By, so please make sure you go
subscribe to Clambuck podcast Network. Member. It's not just this show.
The Buck Brief, which is a little post show that
I do, appears there and you can listen to that
nice additional stuff for you. Plus, our podcast network has
got great hosts Carol Marks, Lisa with Tutor Dixon, Ryan Gerdusky,
(34:38):
all kinds of fantastic stuff. Let's get some callers here
and some other folks to get into the mix. Bill
in Naples, Florida, what's going on?
Speaker 5 (34:49):
Bill, Well, good afternoon, Buck, Thank you for taking my call.
I've listened to Rush for twenty five years now, and
now I listen to you guys.
Speaker 1 (34:58):
Thank you.
Speaker 5 (34:59):
Tried right different economists to find out who we're borrowing
all this money from and who are we paying the
interest to. Nobody seems to be able to answer my question. Now,
they asked Larry Kudlow. Nobody responds to me. Nobody gets
back to me.
Speaker 1 (35:17):
Well, so this is a this is It's interesting because
it's a simple question with with a lot of different
and I think and complex, complex answers that you could
throw at it. Uh. In a sense, we're borrowing the
money from ourselves, right, we're borrowing the money from future generations. Really,
if you're talking about the printing of money, you're really
debasing the currency and you're using a lesser currency to
(35:39):
pay off previous debts. So that's one thing that goes on.
The problem for US is with with we have to
sell I mean the US to fund a lot to
fund some of the operations here. You sell treasuries on
the open market, right, you sell treasury bills. Those treasury
bills have a yield, and ultimately we need Americans and
(36:01):
the rest of the world to think of treasuries as
the ultimate safe haven asset for us to continue the
system that we currently have. And if our debt load
gets too big and the service on the debt becomes
too big, then you got to start to raise those
treasury treasury interest rates even more because that's what it
will take for people to be willing to buy them.
(36:22):
Which also means then that there is a tightness that
occurs in the money supply because all of our interest
rates go up. Because this is the system we have.
I don't know, I don't know if that's I cover
as much as I could in sixty seconds on the
most complicated financial system in the history of the planet.
But that's the basics of it. Thanks for calling it
from Naples. Beautiful place by the way, very nice, very expensive,
(36:42):
very nice. More show coming up tomorrow. Everybody, talk to
you then.
Third hour of Clay and Buck kicks off. Now appreciate
you being here with us, and we have Democrats diving
into a rough day in the market's trying to blame
Donald Trump. Not a surprise there. Anything that goes wrong,
and it goes wrong, it is even too strong. Anything
that isn't awesome always trumps fall. That is what they
(00:26):
will tell us. That's because they don't have an agenda
to speak of, or at least one that they want
to speak of right now, given how things are trending
for Democrats. This is Oh boy, we get a lot
of this shifty Adam Schiff. This is cut thirteen. He's
out there telling everybody Trump is destroying the economy. Play.
Speaker 2 (00:48):
I was just listening to your guests to precede me
trying to explain that these tariffs is on again, off again,
tariffs are not about trade. It's a drug war. And
then but next month that's a trade war, but now
it's a drug war. It was incomprehensible, and he was
also trying to say that numbers, the job numbers that
came in less than expected are somehow good news. They're
(01:08):
destroying the economy and they're making it harder and harder
for Americans to afford things. That's where we need to
keep the focus.
Speaker 1 (01:17):
What does absolutely disgraceful Adam Schiff know about the economy? Really?
Does he know more about markets and trade than Donald Trump?
This is what he's fascinating. Does he really think he
understands the marketplace better than the billionaire global media mogul
real estate entrepreneur who has become president for a second time,
(01:40):
I just with the entire machine arrayed against him, Does
he really think he knows more? Isn't that just an
incredible amount of hubris for a truly oleaginous and shifty,
nasty little fellow in mister shit, Yes he is, uh,
(02:04):
he thinks he knows more, he thinks he knows better,
or he just hates Trump, of course because he couldn't
throw him in prison. So now he'll continue with the
same line of anti Trumpism that he has engaged in
up to this point. Over at MSNBC, they got the
memo apparently from the DNC for whoever's watching, not that
anybody really is. This has cut fourteen. Oh my gosh,
(02:26):
there could be a recession play fourteen.
Speaker 3 (02:28):
I think what you're hearing from Trump is what we're
also hearing from a lot of economists. Right, there could
be a recession over the next twelve months. Right by
the definition of it, consumer confidence is down. All of
those things are true. In tears aren't great. He is
finally kind of in a way that he never has before,
being really honest about the impact that some of this
may have. Right when he told the farmers there may
(02:49):
be a little bit of pain. That's probably as much
as we're going to get out of him, just a
recognition that it's going to be much more difficult for
folks before it gets better, if it does.
Speaker 1 (03:00):
Actually, that's pretty pretty accurate in that Trump has been
saying it and people talking about recession, well, you know,
not really the recession is very straightforward. We know two
quarters of negative GDP growth, So that's it. We have
a a functioning definition, which was the definition until there
was that under Biden. But remember they lied about the
(03:21):
jobs numbers. They spend all this government money, meaning money
by the government on government to seem like there are
more jobs and to expand the economy through just expenditure,
which is really debt. Debt used to make it. See
imagine if you were like, hey, I'm not bringing in
as much money as I need to for my household
these days, so I'm just going to max out all
(03:43):
my credit cards. But look at all the spending that
I've been doing. Isn't that great? No, that's bad, it's bad.
Don't do that. So this is where we are with
the economy. Here is for a little bit of sanity
on this stuff. Sanity check. Secretary of Commerce Lutnick, it's
cut twelve. He's just saying, Look, it's going to be
a process, but we know where we're going, we know
(04:05):
what we're doing, and the A team is in charge. Blake.
Speaker 4 (04:09):
The deal starts April second. The deal starts April second.
Of reciprocal tariffs. The President is going to negotiate country
by country. He's going to drive down other countries barriers,
unleashing our farmers, our ranchers, and our fishermen. They're going
to explode in value, and the prices of American produce,
(04:30):
grow crops, produce, and fish are going to come down
because our American industries are going to win around the
world because finally, finally, Donald Trump is behind them, protecting them.
He's got their back, and he's going to make them winners,
and that all of America is going to be winners
because these prices are coming down and the process starts
(04:50):
April second.
Speaker 1 (04:52):
So he's saying, notice, reciprocal terriffs, reciprocal tariffs. This is
very important. And I think that the Trump administration's moves
when it came to China are a good indicator of
how things are going to play out here. Initially when
Trump was taking actions against China, and remember, part of
(05:14):
it is just the negotiation saying, hey, if you don't
do X, we're gonna do Why if you don't play
ball here, We're gonna do something that you don't really
want us to do.
Speaker 5 (05:23):
Right.
Speaker 1 (05:24):
That's that's what negotiation is, isn't it. You give me this,
I give you that, you don't give me that, I
give you this. Whatever. But on China, we were told, oh,
it's going to lead to a trade war with China,
and that forced a conversation. I'm talking about term one
now twenty sixteen to twenty twenty or twenty seventeen to
twenty twenty. That forced a conversation which was hold on
(05:47):
a second, if it's so self defeating to have any
of these trade bearers in place, why does China have
so many of them? And okay, let's just take for
the purposes of conversation, let's take it as established that
tariffs and I don't take it as established, but just
for purpose conversation, let's assume that tariffs are something that
(06:11):
countries do that help some within the country, but at
the expense of the whole, so that they are taken
as a whole self defeating, even though there clearly are
some beneficiaries. Right, we know that everyone knows that there
are some beneficiaries to terrofts, but that it's oh, there's
a repricing and industry is less competitive, and I know
the whole I know the whole economic theory behind it.
(06:34):
Why should China do this to us and we just
sit there and take it? But why does that make
any sense? Why not get them to drop some of
their terrofts by saying, look, if you don't do this,
we're going to do that. That seems to make sense,
doesn't it. He's talking about reciprocal That was Lutnik, Secretary
of Commerce talking about reciprocal tariffs. And this is even
the case, as I mentioned with with Canada, which has
(06:59):
a lot of a lot of tariffs against the United
States for our trade. And so this is where I
think there's going to be a lot of hemming and
hang about what Trump is doing. But let's see first
what actually happens here. And I do also think it's
very important that there be, uh, there be enough time
(07:21):
given to some of this. Trump has been in office
two months, not even right. I'm trying to do the
math in my head right now, it'll be two months soon.
It hasn't been two months yet, and already we've seen
a lot of very smart decisions with very smart people
in place. And I would also note they'll call Elon
Musk dumb, so they don't really care about reality at all,
(07:43):
do they. The Democrats will attack the people who are
clearly the most capable, you know, the most capable in
the areas of restructuring, you know, corporate streamlining, building industry,
just being really smart. There are a lot of really
(08:04):
smart people around Trump right now. Trump being one of them,
but there are a lot of really smart people around
him that I don't think any serious person could argue
are not highly These people are not highly capable, very
good at what they do. I mean, Elon is the
most perfect example of this. He is the most incredible
entrepreneur and corporate visionary of the era period, full stop.
(08:31):
There are others who are very, very good, but Elon
is in a class by himself. He is the guy,
and he is donating a lot of his time to
the government to help the government stop lighting money on
fire and doing dumb things and lacking accountability and lacking transparency.
And they'll they call him a dumb billionaire. The Democrats
(08:54):
are saying this stuff. Hey, this is just appealing to
the emotions of people who are incapable of self care,
who are incapable of taking on new data, new information
and coming to conclusions based on that. They are, like
I say, they are emotionally dug in and will not
will not move in. All they want to be told
(09:15):
is that they're right, that they're smart, they're good, and
everything else can be ignored. So all these changes that
are being made right now, all the things that we
see that are going on with the economy, specifically, ignore
the haters. There is a strategy behind this, and the
(09:37):
strategy looks at the realities of what has been going on. Now.
There's also just going to be fun stuff like watching
somebody who has been so damaging to a lot of things,
but to the children of America specifically. I think she's
I think is Randy Winingarden AFT. It's one of these
big teachers unions. Teachers unions should be abolished. Let me
(09:58):
just put that out there. Publics schools should not have
There should be no union, no bargaining agreement for public
school sorry, the district, the state should set the parameters. Here,
here's the job take that. There should be no public
sector unions for teachers. But huge source of funding and
votes for Democrats nationally huge, So we have to deal
with this. It is really a cartel. It's actually a
(10:21):
very good movie called The Cartel. I forget the guy
who made it about the teachers unions in New Jersey.
It's outrageous, outrageous, man, this was made like I think
fifteen or twenty years ago. But it is a cartel,
and Randy Winegarden is one of the padrones or no
whatever the feminine of padrona. I don't know. The you know,
(10:43):
the head of the cartel, whatever you call the head
of the cartel. Leader. There you go, Randy Winegarden, chief commissar.
I like that better. Chief Commissar of the Teachers Union
Politburow and she is very upset over on MSNBC because
Trump's going to try to get rid of the Department
of Education. Play nine.
Speaker 6 (11:03):
That's why so many people are so mad about it,
because they're just taking opportunity away from kids and all
have it. So billionaires, kids are billionaires, they have it.
They go to private schools. Everyone else ninety percent go
to public schools. Don't take away their opportunity. So let's
stay on the fact. Sorry, I'm really angry about this
(11:24):
because I'm really angry.
Speaker 1 (11:27):
I'm really angry. Notice that she immediately goes to the
kids of billionaires. I think there are a thousand billionaires
in the entire country. And by the way, am I
right on that one. I think it's something like that.
It's maybe less than a thousand, but there aren't that
many billionaires. But she immediately goes plays the class warfare
card like the lazy commissar she is immediately goes to
the children of billionaires. Oh, I don't know, how about
(11:50):
the Department of Education doesn't even fund public education. The
Department of Education is just a slush fund and a
policy shop for left wing radicals. Who want to indoctrinate
kids and use the education system as not only an
indoctrination system, but also for votes and for the Democrat
(12:12):
Party to have the power base that it does, especially
in cities where the teachers union. You can't get elected
in a lot of these cities that the teachers' union
is against you, which is outrageous. And a public school system,
as we know, it's more expensive all the time, does
not improve results, does not improve results. So and Randy Winingarden,
(12:34):
I have no sympathy. I have nothing but professionally contempt
for her as somebody who wanted to make sure that
a lot of teachers who by the teachers aren't in
their seventies, the teachers in the public school system are
in their late twenties, thirties, forties. They all wanted paid
vacations to stay home and pretend they're doing zoom learning
(12:55):
during COVID. So Winegarden made sure that Biden kept the
schools closed. You remember that kids could suffer. Oh, she
cares so much about the kids, right, that's the big
game that they play. You spend any time around anybody
who's at the top of these teachers' unions. You hear them.
It's all a game to them. It's all about making
sure that adults are in it. Who are teaching, right,
(13:18):
And when I say teaching, I actually should say who
work for the school system, because the administrative ranks of
the public school system in this country have grown something
like six to one in the last twenty years versus
the teacher's ranks. So they're just hiring all these people
to coordinate among other people whose jobs are to coordinate
among the people who are teaching the kids. Just larding
(13:41):
up the payroll with as many you know, well, what
do you even do? I mean, how many vice principles
can one school district use? Apparently a lot, all making
you know, two hundred and three hundred grand depends on
what you're talking about. What do they do? So that's
what she's there to make make sure that your tax
dollars keep getting funneled to these programs that don't improve ever,
(14:07):
and that make sure that kids don't have choice, make
sure that parents don't have any other options. You have
to go to the school assigned by the commissars, and
you have to just do whatever the comrades tell you
or else. And uh, Trump says we're gonna shake things up.
They should. They should eliminate the Department of Education, and
(14:29):
they should salt the earth once they've brought down the
edifice where it currently stands. It has been nothing but
downside when you look at the history of this entity.
So let's hope. Here's hoping. This Coming Wednesday, before the show,
join me and my dad online for a special videotaped interview.
We're doing this at eleven am, in fact eleven two
(14:52):
am Eastern to be exact, and it's going to be
a conversation you won't want to miss. This is far
more to do with my dad's air of expertise than mine,
but I think you're to find it really interesting and
you could benefit from a big time. I grew up
in a Wall Street family, as you know. My dad
was a stockbroker and he made his name by predicting
the markets. He's been doing this for many decades, so
(15:12):
he's gotten huge predictions right in the past, which is
how he built his name. Write this date down March twelfth,
eleven am eastern eight am on the West coast. Dad
and I are going to appear online in video form.
Super easy few to register free of charge. Like I said,
my dad called big things, including the crash of eighty seven.
He called it on TV. Predictions too numerous to mention here,
(15:34):
but the latest one comes on March twelfth, so register
online for it. See us an hour before the program starts.
To sign up for the free event, go to Disruption
twenty twenty five dot com. That's Disruption twenty twenty five
dot com paid for by Paradigm Press News.
Speaker 7 (15:51):
You can count on as some laughs too, Clay Travis
and Buck Sexton. Find them on the free iHeartRadio app
or wherever you get your podcasts.
Speaker 1 (16:01):
Speaking of education, which we were just a moment ago,
Columbia University. My dad actually went to Columbia University. Columbia
University is having a tough one with Trump right now
because there's some funding that is going to be at issue.
Trump pulled four hundred dollars for sorry, four hundred million
(16:25):
dollars from Columbia over the very deep seated and crazy
anti Semitic protests there. As you know, this is an
Ivy League university, very elite. Alan Dershowitz, Professor Emeritis at
Harvard Law School, weighed in on this one and on
Barnard specifically, which is a part of or affiliated with
(16:46):
Columbia University where all women's college play eleven. Barnard is
not a real school.
Speaker 8 (16:52):
It's a collection of programs that are rather well. Here,
for example, is the website of one of those groups,
and this is the university itself on its website saying
smash the white supremacist hetero patriarchy.
Speaker 1 (17:10):
And that's what they're teaching these students.
Speaker 8 (17:13):
They're not teaching these students how to think critically, they're
teaching them what to think automatically.
Speaker 1 (17:20):
And so this is the beginning.
Speaker 8 (17:22):
But until all funding is cut off for all of
these fake university programs, we're going to see a continuation
of this anti americanism.
Speaker 1 (17:34):
That's one of my favorite professor Dershwitz quotes. I gotta
say Barnard is not a real school. Wow throwing haymakers.
He's not messing around. But you know, you mess with
the dirst, that's what you're gonna get. Look, feeling secure
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four safe, eight four four A two four safe. Talking
about Elon Musk before and so here we are now
(19:00):
seeing that X, the company formerly known as Twitter, which
he owns he bought for forty four billion dollars, has
been hit by a quote massive cyber attack. It has
been on and offline pretty much all morning. A hacking
(19:22):
group calling itself dark Storm Team has announced on telegram
that they are behind taking down X. Multiple times today
this has occurred, and people are analyzing this isn't confirmed,
analyzing that this group is pro Hamas. So that's that's interesting.
(19:45):
That'll give you a sense of whether these are Are
they the good guys or the bad guys? Beyond the
shutting down free speech and attacking a private company and
all of its users because they're throwing a tantrum, the
whole pro Hamas thing very good indicator that these are
not the good guys in anything, and it's amazing that
(20:07):
any entity, any individual at all could not see Hamas
for what it is. I would just also point out
that we talked about a moment ago what's going on
at Columbia University with Trump saying they're going to pull
hundreds of millions of dollars in federal grants from Columbia.
They should start to do this, I might add for
colleges and universities that don't abide by the Supreme Court's
(20:30):
ruling on the illegitimacy of affirmative action and the use
of racial preferences. I don't know if they've already got
this planned or lined up, but that should be that
should be the play. If you know, Harvard or Duke
or Stanford or wherever wants to keep doing what they do,
which is a quota system that they pretend is not
(20:53):
a quota system so that they can have certain quote
disadvantage minorities represented in greater numbers than they would based
on actual grades and test scores and what would be
considered generally academic merit. They should pull federal funding for them,
federal grants. They said, oh, we're private institutions. Okay, Columbia
(21:14):
University is a private institution, gets a lot of money
from the government. Isn't that remarkable. A big thing that
we see from what Elon has been doing is just
the awareness now of how much the federal government is
in the business of business and funding all these different things.
(21:36):
Now some of these aren't really they're political businesses, if
you will, but that you could have, for example, Stacy
Abrams involved in or running an organization that gets two
billion dollars from the government. I mean, I think about this,
and I've worked at media startups. I've worked you know,
I was at the Blaze when it just began with Glenn,
and I was at I launched Hill TV, and I've
(21:58):
been at places and I'm familiar with what it's like
in the early days. And your budget has to be
very lean. You have to grow wait for the subscribers
or the viewers to come, so then you have the
ad dollars to support a bigger infrastructure. If you gave
me a two billion dollars, I could create an unsingable
(22:19):
aircraft carrier of freedom and free speech and pro America
in the media. I mean, it would be insane what
I could do with two billion dollars just given to
me as a grant. Okay, I get to just pay
people salaries and put money into all kinds of different
ventures and things that I want to do. This is
(22:39):
happening in this country. It just hasn't been happening on
our side. It hasn't been happening for those of us
who thought that this was supposed to be a free
market economy. Something else is going on. But they have
attacked X and I think there's a lot of anger
towards Eline. Well, that's for sure. He says he gets
(23:02):
death threats now all the time. But there are a
lot of people who have attached themselves to very left
wing narratives who blame Elon and X, because that has
made it a lot harder for them to get away
with the nonsense. Because there's a place where information can
get tested in real time by the people using the
(23:25):
platform without the kind of left wing bias and censorship
that had dominated these platforms in previous years. It's really
really important. You know, Donald Trump made an incredible comeback
in politics from the twenty twenty situation and then made
it through all these obstacles, And you can't take anything
(23:47):
away from the guy because he's just he's amazing. He
is a political phenomenon, a force of nature, and I
think many people view it as as divine inspiration for
the country rather as divinely inspired for the future of
this country. And that's all true. Elon Musk buying X
was very important for the twenty twenty four election because
(24:13):
now when they would try the lot a perfect example,
they say, they try the cheap fakes thing. They say, oh,
but you're you're lying. Joe Biden sharp is attack. He's
sharp as attack, the sharpest he's ever been. And they
try this and we go, hold on a second, I
saw him and he was Folks, it's kind of muttering.
(24:36):
You don't know what's going on. That's not sharpest attack.
What's happening here? Okay, Then they say the videos like
the one that I just did, an interpretation of a
dramatic buck interpretation of a Biden video er not a joke,
not a joke, and you know that that's going on,
they say they're cheap fakes. Now, in the media environment
(24:59):
of let's say, uh twenty nineteen, twenty twenty, they would
have gotten away with that much more so, at least
because they could have just adjusted on the back end.
They'd say, oh, we're adjusting the disinformation. We think there
are fake videos AI, you know, generated videos of Biden
(25:20):
looking like he has dementia, which he does, and so
they're just going to throttle it so that you don't
see it. And they would have been able to do that.
Now you could say, eventually, you know, shows like this
one would get the truth out. Yeah. Sure, But the
whole cheap fakes thing lasted about forty eight hours because
the Internet starting with X. But then come you know,
(25:44):
then there's the second order effects of being able to
find it on X and then the websites have it,
and the show's habit, and Fox News has it, and
everybody full of clips of Biden looking like it, like
he didn't know where he was and what universe we're in.
So it was really important that we had that information
ecosystem opened in this last election. And what Elon was
(26:05):
doing with that. I mean, we've been talking. I've been
talking to you and Clay and I have been talking
to you a lot about the Doge mission, but the
open information ecosystem that he created with ECK is essential.
Think about this. Facebook ticked. All of them should be
like this, but they're not. They're not. They've gotten a
(26:27):
little bit better. They're less aggressively stalinist at meta, Facebook
and Instagram now than they were during COVID and in
the first couple of years of Biden. They're less stalinist
than they were, but they're still not to be trusted.
There's still has to be trusted. And you know, truth
(26:48):
Social was able to remember truth Social you punched through
the information ecosystem for our side. But there are no libs,
there are no leftists really on truth Social. Okay, the
truth Social is our team and Rumble. You know, maybe
there's some leftists, but it's mostly our team as well,
because if you are if you believe in free speech,
(27:12):
you are at least leaning right on one of the
core issues of our time. And so the Democrat Party
is anti free speech avowedly. So I mean, they say
that you shouldn't be able to dead name trans people.
They say that you shouldn't be able to engage in
hate speech, which means you can't call somebody an I
legal alien anymore. I mean, there's just they are the
(27:32):
censorship team, the censorship party. And then that brings you
back to the cyber attack here on x which has
been down throughout the day and I can't remember the
last time something like this happened, but this group that
has reportedly pro Hamas. The problem with being pro Hamas
is the more people know about Hamas, the more they
(27:52):
realize they're the bad guys, that there is no there's
no other direction. The greater one ignorance of Hamas, particularly
in this country, the more likely I think one is
to fall to the propaganda that it's a resistance organization
that does a lot of nice charity work too, or
something right. These are the euphemisms that people try to
(28:14):
come up with same thing. Used to be the case
among American leftists Hesbola and Lebanon. They would say, oh,
but look at all that they operate soup kitchens. Yeah,
they operate soup kitchens and suicide bomb factories. You know,
one doesn't cancel out the other.
Speaker 2 (28:29):
And on.
Speaker 1 (28:31):
Hamas specifically, you see that there are these that the
Democrat Party because there is both a religious and racial
solidarity among Democrats with Hamas, because it is Muslim and
non white, and that's how they view it. The Democrats
have a really tough problem here because for American Jews
(28:54):
who are paying attention and care about this, the Democrat
Party is a home, is an open home for anti Semitism, now,
for anti Jewish thought, and for elevating the mortal enemies
not just of Israel, but of the Jewish people, as
in people that want to eliminate the Jewish people, which
is certainly true of Hamas, certainly true of has well A,
(29:16):
certainly true of the Amula's in Tehran. And to give
a sense of the kind of hatred that you're talking
about here, I remember years ago a friend of mine
at this she ended up going to the State Department
this is like we're going back now twenty years ish
and she, as part of a research project, did interviews
(29:38):
with the families of Hamas suicide bombers. And this had
to do with the Second Intifada in Israel. Intefata means uprising.
A lot of people mispronounced it online. They'll say infatada
or something. It's intifada, the second into fada. The first
into Fada was you know, a decade plus before, but
(30:01):
the second andy fat had a lot of horrific suicide
bombings and this led to Israel building the wall and
the because wall's work for the barrier. And she went
she interviewed these families and it was really terrifying to
her how many people she could sit down with and
(30:22):
interview them and they would say, and I think it
was in cities like Knobilists and Janine, I'm trying to
remember now. And she would go and she sit down
with them and they would say. These mothers would tell
her that their son or this woman's son, who had
gone into a pizzeria in Jerusalem and blown up a
(30:43):
dozen people, women and children, the elderly had done the
bravest and greatest thing imaginable and the mother was so
proud of the martyr, and this was a this was
a celebrated part of the culture, and no one had
problem with this. West Bank Gaza strip didn't matter. This
(31:04):
was the mentality. It's a death cult. It's a death cult.
The death of their own child in the process of
killing other children or other people's children was celebrated, and
nothing has changed. That is still the mentality. You know,
there's something that that the Islamists say, you know, we
love death more than you love life. This has been
(31:26):
something that jihadists and radical Islam, which is a very
interesting term itself, but that's a conversation for another day.
They have said that it is true, and that tells
you everything you need to know about the movement. They
love death more than we love life, and they think
that's their great advantage over us. Of course they've seed,
they've seeded everything before that even starts, because we have
(31:50):
to do everything we can to defeat them, just as
the Israelis have to do everything they can to defeat Hamas.
Because you can't have there's no figuring it out with
people who are obsessed with death, your death as a
means of achieving power for their movement for their religion,
so that this Elon Musk rather this is group X.
(32:10):
Sorry this I'm trying to remember the name of the
group here, what is it called? Dark Storm? There we go,
This dark Storm group that has attacked Elon Musk's X
is pro Hamas reportedly is not surprising at all because
they have to hate free speech, because free speech means
it's more likely the truth will get out. And if
the truth gets out about a group like Hamas, just
(32:31):
like so many other things with the Democrats these days,
that they support, more and more people will turn against it.
So you got to shut it off. The people that
don't want free thought, free expression, they are the ones
who are who are causing the problems. I'm sitting here
right now with my chalk daily in my hand. Actually,
if you're on the video stream you can see it.
I take chalk daily every day. I've gotten in much
(32:53):
better shape. I'm probably in the best shape I've been
in in about a decade now. It took me about
six months and an exercise. That's one, and that's by
the way, diets number one, diet, an exercise one and two.
Proper supplementation though has to be right in there at
number three. I'm telling you you want to have the
right the right supplements for your own regiment, whatever that is.
(33:15):
If you just want more energy. You know I was
gaining muscle and losing weight. But if you just want
more energy, more focus, more drive throughout the day, supplementation
is critical, and Chalk is the best in the business
at this. They've got a male Vitality stack that includes
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(33:37):
in just three months time. They've also got a female
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as well, balancing out your hormones optimizing your health. This
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(33:59):
twenty five discount on any subscription for Life.
Speaker 7 (34:04):
News and politics, but also a little comic relief. Clay
Travis and Buck Sexton find them on the free iHeartRadio
app or wherever you get your podcasts.
Speaker 1 (34:14):
All right, we're closing up shop today on Clay and
Box show flew By, so please make sure you go
subscribe to Clambuck podcast Network. Member. It's not just this show.
The Buck Brief, which is a little post show that
I do, appears there and you can listen to that
nice additional stuff for you. Plus, our podcast network has
got great hosts Carol Marks, Lisa with Tutor Dixon, Ryan Gerdusky,
(34:38):
all kinds of fantastic stuff. Let's get some callers here
and some other folks to get into the mix. Bill
in Naples, Florida, what's going on?
Speaker 5 (34:49):
Bill, Well, good afternoon, Buck, Thank you for taking my call.
I've listened to Rush for twenty five years now, and
now I listen to you guys.
Speaker 1 (34:58):
Thank you.
Speaker 5 (34:59):
Tried right different economists to find out who we're borrowing
all this money from and who are we paying the
interest to. Nobody seems to be able to answer my question. Now,
they asked Larry Kudlow. Nobody responds to me. Nobody gets
back to me.
Speaker 1 (35:17):
Well, so this is a this is It's interesting because
it's a simple question with with a lot of different
and I think and complex, complex answers that you could
throw at it. Uh. In a sense, we're borrowing the
money from ourselves, right, we're borrowing the money from future generations. Really,
if you're talking about the printing of money, you're really
debasing the currency and you're using a lesser currency to
(35:39):
pay off previous debts. So that's one thing that goes on.
The problem for US is with with we have to
sell I mean the US to fund a lot to
fund some of the operations here. You sell treasuries on
the open market, right, you sell treasury bills. Those treasury
bills have a yield, and ultimately we need Americans and
(36:01):
the rest of the world to think of treasuries as
the ultimate safe haven asset for us to continue the
system that we currently have. And if our debt load
gets too big and the service on the debt becomes
too big, then you got to start to raise those
treasury treasury interest rates even more because that's what it
will take for people to be willing to buy them.
(36:22):
Which also means then that there is a tightness that
occurs in the money supply because all of our interest
rates go up. Because this is the system we have.
I don't know, I don't know if that's I cover
as much as I could in sixty seconds on the
most complicated financial system in the history of the planet.
But that's the basics of it. Thanks for calling it
from Naples. Beautiful place by the way, very nice, very expensive,
(36:42):
very nice. More show coming up tomorrow. Everybody, talk to
you then.
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