December 14, 2025 • 42 mins
Author and commentator, Bill O’Reilly, joins Clay Travis and Buck Sexton to discuss his recent conversations with President Trump which included discussions of where he ranks among presidents and how he’s attacking the affordability question. The two big issues for the midterms: affordability and immigration. Former SEC Chair Jay Clayton: Trump was thrown the worst economy in my lifetime. CNBC’s Rick Santelli on the September trade deficit comes in better than expected.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
While we're spending time with family this holiday season and
Buck is stuck in a sound booth recording his new book.
You can listen to us on the podcast.
Speaker 2 (00:10):
Play Don't Rub It In But That's right. Just fire
up the iHeartRadio app and kick back with the Sunday
Hang guaranteed laughs. Or check out any of our other
great hosts in the Clay and Buck podcast network.
Speaker 1 (00:21):
There's so much content you won't even miss us.
Speaker 2 (00:24):
But we'll miss you and look forward to speaking with
you again in the new year. Until then, Shield Time.
Speaker 1 (00:29):
The Team forty seven podcast is sponsored by Good Ranchers.
Speaker 3 (00:33):
Making the American Farm Strong Again.
Speaker 1 (00:38):
Team forty seven with Clay and Buck starts now.
Speaker 3 (00:44):
We are joined now by Bill O'Reilly.
Speaker 1 (00:46):
You can find him certainly all over the internet now
at billoreilly dot com. He's got regular articles there. He
is a best selling author who has got one bestseller
after an and we were just actually talking about Whoopy.
Goldberg said Bill that Trump will just have no legacy whatsoever,
(01:09):
and he will vanish on the Idiot Show, the view
that she enjoys appearing on, and Buck and I both
feel like Trump is definitely the most consequential figure of
the twenty first century, and Bill, I said, I would
put Trump right now behind only Reagan in my life
as the best presidents. Now, you're a little bit older
(01:32):
than me, but I was born in the last year
of Jimmy Carter's presidency. You're a history guy, though, where
would you put Trump? And how do you assess Biden?
Since we know Biden's ten years over? How do you
think history views this era of those guys?
Speaker 4 (01:48):
Well, firston, really, I take Whoopy Goldberg seriously because she
was in a movie called Ghost where she could see
everything that happened, So I'm sure that's carried over to
her real life. And we know she has a PhD
in history and political science, a combination which is extraordinary.
So we can't just dismiss miss Goldberg out of hand.
(02:11):
I'm being, of course, deceatious. I read a book called
Confronting the President's which is right behind Confronting Evil, which
is out now. We twined them up. By the way.
You get both books on Bill O'Reilly dot com for
a very fine price. Now, every time I see President Trump,
and the last time was five days ago in the
(02:32):
White House, so he's spent forty minutes with him. He's
asking me the same question that you just asked me.
So that's my legacy. Am I number one? Yet? And
you know I can't be blood. He's never going to
be number one. Abraham Lincoln will always be the best
president the United States.
Speaker 3 (02:54):
Hold on, President, you're at the Oval office. This is
a great scene.
Speaker 1 (02:57):
You're in the Oval Office with the president, and the president,
who trust your historical acumen, is saying, Hey, Bill, how
do you rank that?
Speaker 3 (03:06):
This is very, very funny.
Speaker 1 (03:07):
So he's asking you directly, hey where do I rank
right now? And you told him, I mean, I love this.
You told him what exactly.
Speaker 4 (03:15):
I told him that you know he's going I should
be number one? That's the saymenty megs. I said you'll
never be number one, you know me. I mean, I
don't pander to anybody. I said, You're never going to
be number one because Lincoln was so extraordinary in hell
the Union together when few other presidents would have been
able to do that. But you're in the top ten
(03:36):
right now, and you're the hardest working president of all time.
No president has ever approached the work ethic of Donald Trump.
And it's not even close. There's not even a close
second to that. And I said, but a lot of
your policies are yet to be no, as far as
(04:00):
their effectiveness is concerned. You got the border in your pocket, okay,
And you also have accomplishments because you followed the second
worst president in our history, Joe Biden, only James Buchanan,
who led up to Lincoln and who was an abject
coward and allowed the South to arm itself for four
(04:24):
years in preparation of the War of Rebellion and began
and did nothing, knew it was too afraid to do
anything about it. Worst president ever, Biden's number two. Why
because in four years Joe Biden did not solve one
problem in this country, not one. And all my liberal
(04:47):
friends who voted for him and Kamala Harris, when I
say to them very politely, because I don't get angry
about political differences, that's foolish. When I say, all right,
give me one thing.
Speaker 2 (04:59):
That he did, Joe, I'm sorry, Bill, I got to
jump in real quick. You're leading out that President Biden
solved Hunter's legal issues, which, to be fair, he swooped
in on that.
Speaker 4 (05:10):
Okay, Well, I'll debate you on that anytime you want.
But they the people voted for him, cannot come up
with one.
Speaker 2 (05:23):
Yeah, well, they certainly don't care that Hunter got a pardon,
or if they do, I think they don't like it.
Speaker 4 (05:27):
But you're right, if it were Donald Trump, junior president,
Trump would have done the same thing. So I'm an
honest guy. Yeah, all right, So.
Speaker 2 (05:41):
I was kidding Hi about the pardon thing. I'm not
I'm not trying to divert you from what you're saying.
He clearly is a terrible president who didn't manage to
solve much of anything. But I also wanted to ask you, Bill,
if I could the president, the current president, who you
say is excellent, not number one. He probably was a
little miffed at that, but that's okay. He's an excellent president.
He's going all on an affordability tour of sorts, going
(06:02):
to eastern Pennsylvania, because I think there's a recognition even
in this White House that despite the excellent policies, there's
frustration with the economy on affordability. Do you think Trump's
making the right move here by going Do you think
that this is something that the White House can successfully
address so we don't lose the control of a House
in the midterms.
Speaker 4 (06:21):
Well, on the night before Thanksgiving, I was at the
Islander hockey game and the puck was about to drop,
and I got a phone call from President Trump, right
said the game. Now, when a president calls, so you
got to take the call. He can't go to voicemail,
all right, So I got a private office. The owner
(06:41):
of the team is a friend of mine, and President
Trump can proceed to yell at me for ten minutes,
all right, which is not unusual, all right, And when
he gets going, you can't interrupt. Essence of the disenchantment
with O'Reilly was that I was reporting that the affordability
(07:05):
situation could very much hurt him because it all he
is to do is go back to twenty eighteen mid terms.
He got whacked. Trump got whacked, and Obama got whacked,
and it terms are very difficult to hold power. And
the press is pounding every second affordability, affordability, affordability. Now,
(07:30):
the stats are not bad for Trump, they're not. In fact.
On the now Spin News tonight, I'll lay them all
out for you. But if you have a specific stat
you want, I'll give it to you. And now, the
economy is in pretty good shape. Stock market's good for
one k people, retirement plant people, prospering. You can get
(07:52):
a job if you want it. Wages are up, Bacon
is up. If you like bacon, more of a bacon, okay,
But a whole number of other foods are down. So
this is a contrived thing. With one exception. Insurance costs
(08:13):
are killing working Americans, killing them health insurance, car insurance,
house insurance. That after President Trump got through yelling at me,
I said, all right, it's my job to report what's happening,
mister President. Of course you're not going to like some
of it, but I'm fair. This is what you have
(08:37):
to do. You got to get out there, and you've
got to tell people in twenty six here's what we're
going to do to bring down these prices, very specifically.
So I think he followed my advice, but I'm sure
he got that advice from other people as well. I'm
not taking credit for it. And he's out in Pennsylvania tonight. Bill.
Speaker 1 (09:00):
This is a little bit of a pivot. But the
last time we had you on, we had a caller
who wanted us to ask you about Patten's death and
whether you bought into and I know you wrote about
the death of Patent in your Killing series. What you
thought about is death or whether he wrote a book
killing Patent yeact, whether what your take is on that
(09:23):
death and what occurred.
Speaker 4 (09:26):
Okay, first of all, you get all the books, and
this is a shameless plug, but you guys are nice.
You can get all thirteen Killing books in the two
confronting books in one package on Bill O'Reilly dot com,
which will save you hundreds of dollars in Christmas gift
expenses because people want these books. Okay, so you get fifteen,
(09:51):
youdele them out. You added up the money that you
spent on that as opposed to what you would spend
on fifteen individual gifts. Your way ahead, Bill O'Reilly dot com.
Killing Patten, we walked through the whole career of the
best American general in World War Two, second best in
history next to John Pershing. Pershing was the best, Okay,
(10:14):
Patton was second. At the end of his life, many
very strange things happened to George Patten. None of them
added up. He should not have died in that hospital
in Luxembourg. So a lot of people, including me, suspect
(10:37):
that he was murdered who would want to murder him. Russia, Stalin,
Soviet Union, and they had access because you remember they
were our allies in World War Two, because Patten wanted
to fight them. He did not want to stop because
he knew that the Soviet Union was going to be
(10:59):
a replace Hitler and the Nazis is our main enemy.
Speaker 1 (11:03):
So when you say he was killed, sorry to cut
you off, do you mean that in the poisoned in
the wake of the car accident while he was recovering.
Speaker 4 (11:12):
Okay, poisoned in the hospital and the car accident itself
did not make any sense, and we trace it in
killing Pat It did not make any sense. So anyway
that I'm not a conspiracy guy. You guys know that
I don't deal with that. I am a reporter and
(11:34):
what I lay out is one hundred percent accurate. The
only resolution to this is to exhoom the general's body,
which is in Europe a test. They did that for
Zachary Taylor. Zachary Taylor got that treatment, then they won't
do it for Patten.
Speaker 3 (11:55):
Yeah, we have a caller that Bill.
Speaker 2 (12:01):
We had a caller who called in who said, who
claimed that his father was the driver for the car
when Patten was in that accident you mentioned.
Speaker 3 (12:10):
Just wanted you to hear this. This is thirty one.
Speaker 1 (12:12):
You say your dad was driving the car when Patten
was killed, when he died in the car accident, yes
he was okay, Well, what did your dad tell you
about that?
Speaker 5 (12:22):
He actually died nine days later. He was driving a
thirty eight Cadillac Lemo and Patton was sitting in the
back on the edge of the seat as usual, and
they were waiting for a train to pass, and he
put in a pass. He pulled away, got up to
about twenty five miles an hour, and there was a
personnel carrier about a quarter mile down the road that
(12:43):
pulled out at the same time. And when they got
to each other, the personnel carrier turned right into the
Cadillac and Patton flew forward, hit his forehead on the
partition between the front and the back, scalped his you know,
put to the scalp himself, and broke his neck.
Speaker 1 (13:00):
And so from your perspective, your dad told you there
is no conspiracy. There is for people out there that
have bought not believe that this was a traffic accident,
and it was a freak accident in some way.
Speaker 3 (13:13):
Based on the speed the patent died.
Speaker 5 (13:15):
Yeah, my dad never talked about any conspiracies about it
or anything like that. But I mean, there's three drunk
tie guys that all disappeared, you know, they were they
were in the personnel carrier, and you know, Patents starting
to do a lot better, and then he died just
all of a sudden.
Speaker 3 (13:32):
Hey, Bill, take it away. What do you make of it?
Speaker 4 (13:36):
Man? I believe that his father was the driver. The
three soldiers he fight that that is unbelievable evidence. I mean,
when you get a general, a four star dying in
this kind of circumstances, you interview everybody, and nothing was done.
(13:58):
Nothing was done Washington to Patten, that would be Harry
Truman the Democratic Party. Because Patten was going to run
for president. He's going to come back to the United
States and run just as Eisenhower did. And Eisenhower, of
course won, and so there were a lot of reasons
that Patten had a lot of enemies, but the big
(14:18):
enemy was Stalin, and Stalin had access. So I'm not
saying that Patten was murdered because I cannot prove it.
What I am saying is that you could find out
if this general was poisoned or not, and nobody is
(14:40):
apparently wants to do that.
Speaker 2 (14:42):
So that's the point about he had a turn for
the worse in the hospital. I mean that was It's
interesting that that he was. It seemed he was getting
better than all of a sudden, And so you're saying
that all of a sudden to you is very suspicious.
Speaker 3 (14:53):
You'd like to.
Speaker 2 (14:54):
Get to the bottom of it, or people to get
to the bottom of it with the testing of Patten's remains.
Speaker 4 (15:00):
Yeah, if you read Killing Patten, anybody very interested in
this subject, should we really walk through it in a
non hysterical way, so we have all the eyewitness reports
in there, and you know, in my style, my style
is I'm not boring you. I am moving this story along.
(15:21):
But I'm not a guy who ordinarily buys into this stuff.
But here, you had motive, you had accessibility, you had
enemies both abroad and at home. And George is a
tough guy. He was a big, strong guy, and it
(15:42):
just doesn't stack.
Speaker 3 (15:45):
Bill.
Speaker 1 (15:45):
Thank you for hanging out with us here. Good Christmas gift.
As you said, Bill, O'Reilly dot com for not only
Killing Patten, but many of the other books in the
series as well.
Speaker 2 (15:56):
Get the whole series. He's going to get you a
great deal. Bill O'Reilly dot com.
Speaker 4 (16:00):
I appreciate you having me on guys all year. I
wish you the best in the holiday season one. Just
a footnote real quick, I know you got to hit
a break. President Trump asked me to give him Confronting Evil,
specifically for the chapter on Putin, because we trace what
(16:20):
has happened to Putin. He's not the same guy that
Trump was dealing with in the first term. And the
President wrote me a really nice note after he read
to Confronting Evil. So I just want you people to
know that that is out.
Speaker 1 (16:36):
There, that's outstanding. Thank you for the background stories. We'll
talk to you again, probably after the first of the
new year. Merry Christmas, Happy New Year to you.
Speaker 4 (16:44):
Okay, guys, you too, have fun. Thank you.
Speaker 1 (16:48):
Play Travis with the Clay and Buck Show, wishing you
and your family a very mary Christmas and a happy
New Year. You're listening to Team forty seven with Clay
and Buck.
Speaker 2 (17:02):
We're just talking to Bill O'Reilly about the situation of affordability,
and Bill is saying that there's a lot of perception
driving that more so even than the actual cold hard
numbers if you look into it, which I'm sure that
is the case. But Trump at an ECON roundtable, Look,
he's going to Pennsylvania to address affordability because it's a
(17:24):
political issue, whether the numbers bear that out entirely or not.
And a lot of people do feel like, well, first
of all, prices are high. They've remained high. So you
have to get into Okay, is it that affordability is
not an issue, or is that it's not Trump's.
Speaker 3 (17:38):
Fault that affordability is an issue, or a whole range
of things. But one thing that is definitely the case
that came up is Obamacare. Play.
Speaker 2 (17:48):
These new Obamacare premiums, they're just going up and up,
and networks are getting smaller and smaller, and sure enough,
the whole promise of Obamacare has fallen apart. And that's
been the case for a long time. Trump here this
is cut twenty one, was saying, Look, it's been great
for the insurance companies. It's been really bad for people
that actually need healthcare.
Speaker 3 (18:08):
Play twenty one.
Speaker 6 (18:09):
The insurance companies stock has gone up by seventeen eighteen
hundred percent. They're taking in trillions of dollars. I don't
want to pay the insurance companies anything, and I know
a lot of them, but they're owned by the Democrats,
and the Democrats have Obamacare is a setup to make
insurance companies rich. And I want to pay the people,
(18:31):
and I want the people to go out and buy
their own health care. And that's what we want to do,
and that's what the Republicans want to do, because Obamacare
is a disaster.
Speaker 2 (18:42):
Clay, it is a disaster, and it's time Republicans dig
into this so that Democrats can't control the message in
going into the midterms.
Speaker 1 (18:50):
All of healthcare. It is a disaster. And I don't
care if you're a Democrat, Republican, or independent. Nobody has
any idea what things cost. Nobody is happy. I would
submit to you that everyone's least favorite thing almost in
the world is having to get on the phone with
an insurance company adjuster and try to explain why you're
being overcharged. To the extent that you can even tell
(19:14):
what your bill has on it. It is all just
a huge game of hide the hide the ball. And
what Trump is saying is in essence a very real position,
and honestly, I think most people out there would probably
prefer this. It's let you have the money and then
(19:35):
make your own decisions about what healthcare you need. I
don't even think most people realize, if they're not the employer,
what percentage of your overall salary goes for healthcare? Now,
but this is crazy. I mean, there are lots of
people out there paying twenty five thirty thirty five thousand
(19:56):
dollars a year for your healthcare plans in side of
whatever job you get, and you don't see that money,
you don't have any idea how it's being allocated. I
think huge percentages of people out there listening to us
would like to get all of that money tax free
to themselves and then be able to make the choices
about how to best allocate those resources for them and
(20:18):
their family. And so what we basically have is a
huge subsidy for all the health insurance companies of America.
That is what Obamacare is. And the problem here, Buck
is the math. We have way more older people entering
into needing substantial amounts of health care than we do
young people. And by the way, this is not just
(20:40):
for health care, this is social security, this is everything.
All of these government policies are predicated on constantly having
way more young people than we do old people. And
in the next twenty thirty forty years, the reality is
we're going to have way more old people than we
are young people. And that's true in a lot of
cones and the shell game, the hide the ball aspects
(21:03):
of this are going to become more and more prominent,
and people are going to get angry here because they
don't feel like they're getting a good value for their money.
I mean, I hate to say it, but this is
part of what motivated the United Healthcare CEO shooting. Is
people are just misallocating anger and in many ways lashing
out when.
Speaker 2 (21:23):
You see what the real structure of Obamacare is. You
have to have a lot of young, healthy people who
don't use very much in the way of healthcare resources
to spend into a system that is going to put
a huge majority of it on older, sicker people. And
that's what so the whole system is a redistribution of
(21:44):
wealth via healthcare. And then beyond that there's also people
who are getting subsidized in the programs and all these exchanges.
That's what was really an issue in this shutdown. Government
just funneling money into it to make it seem not
as bad as it really is for individuals. But you
have a lot of people who are getting massive subsidies
because if they had to pay what the market rate
(22:05):
is based upon the system of redistribution, the pricing on
this would be insane. I mean, you'd be paying fifty
grand a year for health insurance. Remember, not for health care.
You're still on the hook to pay for your health care.
You know, you know, twenty percent of one hundred percent
of the whatever percent they say, it's like, oh, you know,
customary and normal or however they phrase the language so
that they can play all these games, the insurance companies.
(22:27):
So that's a giant mess. And then there's also this
because we've been discussing the boat strikes in mostly in
the Caribbean against the Narco terrorists. This is Trump with
ABC's Rachel Scott, a little bit of a back and
forth here. There's now a push Clay to have the
video release because clearly we have video because they were
(22:48):
under is are there under surveillance? This has cut twenty
Trump doesn't like this request.
Speaker 3 (22:54):
Whatever the heck says, once you do is okay with
he said that's under review.
Speaker 1 (22:57):
Are you ordering the secretary to release that?
Speaker 6 (23:00):
Whatever he decides, it's okay with me. So every boat
we knock out of the water, every boat we saved
twenty five thousand American lives. That was a boat loaded
up with drugs. I saw the video. They were trying
to turn the boat back to where it could float. Video,
didn't I just tell you that nonoxious reporter in the
(23:22):
whole place. Let me just tell you you are an obnoxious,
a terrible actually a terrible reporter. And it's always the
same thing with you. I told you, whatever Pete hagg
Seth wants to do is okay with me.
Speaker 3 (23:35):
There you go play laying it down.
Speaker 1 (23:38):
They're trying to create a fall guy here. They tried
to create the admiral as the fall guy. They tried
to create hag set as the fall guy. They've tried
to create Trump as the fall guy. This story, other
than on the far left wing, has vanished as soon
as the video was shown in behind closed doors in Congress. Now,
I know some Democrats came out and they said, oh
(23:59):
my goodness, I can't this happened. But the fact that
the story vanished kind of tells you what the video
is going to show, and I presume the video will
show what has been reported already. And the numbers came
out from the Harvard Harris poll that I believe it
was fifty eight percent of Americans support the strikes that
are going on with Venezuelan Narco boats. Forty two percent disagree.
(24:22):
And I bet if you show that video then it'll
break down about sixty percent of people will say, yeah,
I agree with that, and about forty percent will say, no,
I disagree. But this is the world in which we're
in where you kind of have people floundering in every
direction trying to find something to be able to pin
(24:45):
to Trump, and so far they really aren't able to
find anything. And I think it's going to be a
challenge going forward how exactly they convey their anger over Trump.
And we come back, we can play audio because Suzy
Wilds Buck is telling everybody that Trump plans to be
(25:06):
on the road campaigning starting in Pennsylvania right now to
sell the agenda that he has put in place, and
I grabbed a picture. I need to tweet it out again.
I think a large degree of Trump's success is just
being ignored because he saw things so quickly on the
border that almost no one is able to even contemplate
(25:30):
how quickly he saw things. And I was reading our
buddy Ryan Gardusky this morning as I was doing my prep.
The White House has said about two million people have
self deported and or been removed who are illegals. And
Ryan Gardusky looked at the data on newborns in the
country and he said, actually, the data does support the
(25:51):
idea that there are increasing numbers of people leaving the
country because they're not having kids. Non citizens, illegal are
not having kids at the rates that they were before.
But when you look at the graphic, it's really kind
of amazing to see.
Speaker 2 (26:08):
Yes, the Trump immigration policies are working in ways that
aren't even necessarily at the center of the conversation on immigration,
but are very very effective. On the other side of things.
You have Zoron Mamdani in New York City telling people,
telling illegals how to avoid law enforcement.
Speaker 3 (26:30):
This is cut twenty four. Listen to this.
Speaker 7 (26:32):
One if you encounter ice. These are the things that
every New Yorker should know.
Speaker 1 (26:37):
First.
Speaker 7 (26:37):
ICE cannot enter into private spaces like your home, school,
or private area of your workplace without a judicial warrant
signed by a judge that looks like this. If ICE
does not have a judicial warrant signed by a judge,
you have the right to say I do not consent
to enter it, and the right to keep your door closed.
Sometimes ICE will show you paperwork it looks like this
(26:58):
and tell you that they have the right to arrest
that ICE is legally allowed to lie to you, but
you have the right to remain silent. If you're being detained,
you may always ask am I free to go repeatedly
until they answer you. You are legally allowed to film
ICE as long as you do not interfere with an arrest.
New Yorkers have a constitutional right to protest, and when
I'm there, we will protect that right.
Speaker 2 (27:19):
I had to say, imagine if he did this for
drug dealers, all of that would be true as well.
Let me be clear, everything that he said there is
true in general, for any criminal, for any violation of law.
All of that is true. But he's doing it for
illegals because they're at for democrats. Illegals are a protected
class of person Clay And this is what is going
(27:41):
to continue to be a huge problem from this is
what is going to continue to drag them down because
they can't avoid that reality without completely inflaming the left
wing base of their party.
Speaker 4 (27:54):
Yeah.
Speaker 1 (27:54):
Look, and they're on the wrong on this issue. They're
on the wrong on every issue, which is why I
think you're going to see them just try to pivot
and blame Trump for the fact that Biden's inflation drove
up the prices of good so substantially.
Speaker 3 (28:10):
That's the reality.
Speaker 1 (28:11):
Even though inflation has come back down substantially where at
two point seven percent I think target is two percent,
people are just angry and I get it because it
feels like goods cost more than they should and until
that starts to settle in, that rapid increase becomes embedded
into our minds as to what things should cost. This
(28:33):
is the pernicious nature of inflation. It is diabolical in
its impact to frustrate everyone.
Speaker 2 (28:41):
Buck Sexton here the entire Clan Buck Show wish you
and your family a warm Christmas season and a joyful
new year.
Speaker 1 (28:48):
The Team forty seven podcast is sponsored by Good Ranchers.
Speaker 3 (28:52):
Making the American Farm strong Again.
Speaker 1 (28:56):
You're listening to Team forty seven with Clay and Buck.
Speaker 2 (29:01):
There's news today that we will dive into shortly about
a federal judge now saying that Kilmar Abrego Garcia, the
alleged MS thirteen gang member, who for over a year
now has been at the center of all these administration
efforts to deport this guy, and it's turned into a
(29:23):
huge political football. This has turned into a Supreme Court
weighing in, God got sound to al Salvador. We're gonna
send him a bunch of other countries, but then we can.
And now you've got a federal judge saying, got to
let him out right now, so we will see. And
that's going on while DHS Secretary Nome is up on
Capitol Hill, so that's certainly in our sites and an
(29:47):
important story. Let's, though, just for a bit here, talk
about where we stand on the economy. People are concerned,
and I hear that concern from many of you that
prices are quite high, and I understand the challenge here
is it's really hard to bring down prices once they've
(30:11):
gone up considerably, and this is a legacy of the
madness of COVID. I think everyone should keep that in mind.
That many of us, well not many, some of us.
There were even some conservatives who were pretty bad on
the COVID stuff, especially on lockdowns and all the rest
of it. We're saying, you can't just tell people stay home,
(30:33):
don't do anything in print money, and then you can't
just spend as much money as you want to juice
the economy after that shutdown. Unfortunately, that is largely what happened,
and we are still dealing with the reality of that.
Speaker 3 (30:47):
Now. I will give you some of these details. We
will discuss some of these details. But first up here.
Speaker 2 (30:54):
CNBC, this is cut eleven, Rick Santelli. He's talking some numbers,
talking tray deficit. Let's hear from the man over at
CNBC play it.
Speaker 8 (31:03):
Trade balance minus fifty two point eight billion. That's a
better lower trade deficit than we expected. We were looking
for a number closer to sixty two billion, and that
follows they revised minus fifty nine billion. Minus fifty two
billion would be the lightest going back to Wow, we're
really going back, Well, my records go back to nineteen
(31:29):
ninety two, and to find a smaller number than minus
fifty two billion, we're all the way back to June
of twenty twenty.
Speaker 2 (31:39):
So this is important because Trump is establishing a rebalancing
of our global trade, America's global trade with the tariffs.
And as I've said all along, you don't have to
be an expert in tariffs to understand that something is
up when all of these other countries have tariffs on us,
we don't have tariffs on really, Edie one. And we're
(32:02):
the ones who can't figure this out, or you know,
we're we're the we're the odd man out. But it's
because we're so much smarter than every other country. Or
is it because we've been convinced by the globalist delete
in our own country that entirely free trade that does
not take in America first perspective, that allows all the
offshoring and all the stuff that we have seen decimate
(32:24):
the American for example, American manufacturing sector, auto industry, all
these things that that is somehow to our benefit. Well
it's really to the perhaps the stock price benefit of
a handful of companies. But people are changing their tune
on this. They're seeing what's really going on. But the
problem is prices. The problem is that stuff is still
(32:45):
expensive and people are upset about it. In fact, even
here in my home, well I live in Miami Beaches,
you know, And that's next door to Miami. I didn't
even know this until I've moved down here. Technically different cities,
they're not part of one city. And so Miami proper
just elected Downtown Miami elected a Democrat for the first
time in thirty years. And it was a combination of
(33:09):
two things that we're going to have to really get
right for the next year for the purposes of the
midterm election, but also just because they will be central
I think to the success or failure of the Trump
agenda in his second term. The cost of stuff, particularly
housing young people came out, Miami has become incredibly expensive.
Speaker 3 (33:31):
As a city. It used to be a great deal.
Speaker 2 (33:33):
I mean, if you were smart enough to come here
in two thousand and nine ten and start buying up
some condos, you've done phenomenally well.
Speaker 3 (33:42):
Now not so much.
Speaker 2 (33:44):
But the price of things, especially housing, in Miami is
very high, so that factors in. We saw this also
in New York City when you have Mom Donnieism largely
built around the promise of bringing housing prices down. He's
going to bring the cost of rent down. Now, if
you know anything about economics, you know that his solutions
(34:05):
to these problems will actually make things worse, but they
sound good, and you can get a lot of power
by saying things that sound good no matter how bad
the results are actually.
Speaker 3 (34:15):
Going to be.
Speaker 2 (34:18):
One of the issues we're going to have is that
going into a midterm year, right, it's we're at the
end of year one of Trump's second term.
Speaker 3 (34:28):
Yeah, a lot of us can point.
Speaker 2 (34:30):
To the status of the Biden economy and what was
going on, but that is not going to be compelling
enough to win in key in challenging races. Former SEC
chair Jay Clayton had this to say about the economy.
Speaker 3 (34:47):
I thought you should hear this. This is cut twelve.
Speaker 9 (34:49):
The affordability issue is but from the twenty two percent
increase in prices in inflation under Biden, there's this full
stop right there. That's the affordability issue, and you want
to be able to explain.
Speaker 2 (35:01):
That, right, that's right.
Speaker 10 (35:03):
And look, I think that with the economic team President
Trump and the economic team led by Scott Desson, you
have people who very much understand this and it was
a they were thrown You know what, I would say,
the worst economy for the average American in my adult
lifetime in terms of the like you said, the incredible
(35:26):
increase in prices at the household.
Speaker 2 (35:30):
This is true, and the case has to be made,
but it is not sufficient on its own. All of
you who call in, write in and say, hey guys,
hey Clay, hey Buck, this stuff is just too expensive
where I am, particularly healthcare, housing, education, These things are
(35:52):
just the price are out of control in some aspects.
Depends on the product, but groceries. Gas prices are down,
but many of you and the the truckers out there,
we love our truckers are saying diesel prices are still
considerably higher than we would want to see them for
a robust economy. Spending at Christmas time, I've seen some
(36:15):
of the data on this one. Spending at Christmas time
seems to be quite a bit down. People are not
shelling out the kind of cash that they did, even
compared to last year.
Speaker 3 (36:25):
Now.
Speaker 2 (36:26):
I think there was tremendous ebullions about the economy because
of Trump's victory. So that explains in part why last
year people were spending because they thought, oh, we're going
to have a good economy, and they were right, but
now it's too full. The challenge ahead on prices, affordability
a word i'm as I've said along, you have to
(36:47):
prepare yourself to hear about this more than any of
us are going to want to. But the power balance
in DC, and therefore the future of the country for
the next few years is going to be largely determined.
I think based upon that the two big issues it's
gonna be the affordability and immigration election mid terms.
Speaker 3 (37:08):
That's what's gonna that's what's gonna move the needle.
Speaker 2 (37:12):
And this is Republicans are seeing this early enough. Thankfully,
I'm not having this talk with all of you in
August of the election year or September of the election year. Hey, Republicans,
it's time to make the case. I think they're actually
seeing this in advance. And they have Scott Besson, who
is both very good at the job of Treasury Secretary
(37:34):
and a very good spokesman for what this administration, the Treasury,
the economy, the Fed, all of this is doing. He's
a very good mind, a very good mouthpiece on these issues.
But this is what Democrats are gonna hammer. They're gonna
hammer the discontent of the prices. Isn't this the most
classic move that the Democrats could possibly come up with?
(37:57):
They made it so prices get all jacked up. We
told them don't We said, don't do it. This is
going back to twenty twenty one. We said, don't do it, guys,
it's crazy. Don't spend the trillions. We've already put a
lot of pressure, a lot of heat into the economy
with all the shutdown spending. And that was under Trump,
(38:17):
but that was both sides were saying, Oh, the world's
gonna end, you know, the whole thing. Trump left it
to the states whether to stay open or not, and
with the exception of Florida, states generally did not stay open.
South Dakota state open, but there's not very many people
in South Dakota, so.
Speaker 3 (38:30):
That was easier.
Speaker 2 (38:31):
Most states shut down, as you know, and so we
had to do something. There was that whole emergency. But
now telling people that the worst inflation in forty years
started four years ago is not really a winning strategy,
right or in five years ago, whatever, it's that's not enough.
(38:54):
I think that, unfortunately, is going to be insufficient. As
part of the narrative which brings me to you, the
solutions and the things that Trump and his team are
trying to do. Look at what has happened on trade alone,
that's why I started with that. Look at where he
is on tariffs. They said, the so called intelligency and
Trump's going to crash the economy based on the tariffs.
(39:15):
He's going to mess everything up. No, in fact, the economy,
the stock market has been booming, but prices have remained high.
The only way to bring prices down is well, if
you want to get really technical about it, technical about it,
you got to see a you can have a cessation
of demand, or you can have an increase in supply.
(39:36):
But the best thing that we could see is an
increase in efficiency of manufacturing of goods and services and
you know, and spending and investment, and that's what will
bring prices down. Mandates the Mamdani approach price controls. Price
controls not only have made New York City and the
(39:57):
whole state of California but because of government regulation, but
price controls in New York City have made real estate
far more expensive. And anywhere where they try this, it
makes real estate more expensive. And overall, price controls in
the economy is part of what has destroyed a large
part of what destroyed the Venezuelan economy. I mean, there's
many things, but price controls is at the heart of it. Oh,
(40:18):
we're just gonna seize assets and then we can't make
this stuff. We're gonna seize the factories, right, this is
the Maduro approach. We'll seize the factories and we'll make
the stuff, but we can't make much money off of it,
and we're not very good at making it, so we'll
just say it has to cost this. Well, that doesn't
work that way because you can't make them at that price.
(40:38):
I guess what happened.
Speaker 3 (40:39):
Shortages and then the black market comes in with the
real price.
Speaker 2 (40:42):
And all of this is very well established, but the
Trump team has to get very dialed in on here's yes,
talk about what the Biden inflation was, and that's why
I played that se former SEC chair talk about what
the Biden inflation was, but also how it is coming down,
(41:02):
how it is being addressed, and how it is going
to get better over the next year because of what
Trump is doing. Republicans gotta focus in on this because
it is not an overstatement to say if we have
a week year of not just policy, but a week
year of messaging, and I'm gonna say, Republicans, where's the
(41:24):
big legislation guys. Ah, the big beautiful bill. Okay, it's
a spending bill. Where's the legislation, where's the you know,
the the new approach to healthcare. Got to get together
on this one and make some things happen. If you
lose the House and you're Donald Trump, then it just
turns into, all right, we gotta wait for the next election.
We gotta wait for the you know, the heir apparent
(41:45):
of the Republican Party to take over for MAGA, because
the Democrats will just till they will what's the phrase,
cut off their nose to spite their face. I mean,
they will just make everything stink and then blame it
all on Trump.
Speaker 1 (42:01):
And you know that
While we're spending time with family this holiday season and
Buck is stuck in a sound booth recording his new book.
You can listen to us on the podcast.
Speaker 2 (00:10):
Play Don't Rub It In But That's right. Just fire
up the iHeartRadio app and kick back with the Sunday
Hang guaranteed laughs. Or check out any of our other
great hosts in the Clay and Buck podcast network.
Speaker 1 (00:21):
There's so much content you won't even miss us.
Speaker 2 (00:24):
But we'll miss you and look forward to speaking with
you again in the new year. Until then, Shield Time.
Speaker 1 (00:29):
The Team forty seven podcast is sponsored by Good Ranchers.
Speaker 3 (00:33):
Making the American Farm Strong Again.
Speaker 1 (00:38):
Team forty seven with Clay and Buck starts now.
Speaker 3 (00:44):
We are joined now by Bill O'Reilly.
Speaker 1 (00:46):
You can find him certainly all over the internet now
at billoreilly dot com. He's got regular articles there. He
is a best selling author who has got one bestseller
after an and we were just actually talking about Whoopy.
Goldberg said Bill that Trump will just have no legacy whatsoever,
(01:09):
and he will vanish on the Idiot Show, the view
that she enjoys appearing on, and Buck and I both
feel like Trump is definitely the most consequential figure of
the twenty first century, and Bill, I said, I would
put Trump right now behind only Reagan in my life
as the best presidents. Now, you're a little bit older
(01:32):
than me, but I was born in the last year
of Jimmy Carter's presidency. You're a history guy, though, where
would you put Trump? And how do you assess Biden?
Since we know Biden's ten years over? How do you
think history views this era of those guys?
Speaker 4 (01:48):
Well, firston, really, I take Whoopy Goldberg seriously because she
was in a movie called Ghost where she could see
everything that happened, So I'm sure that's carried over to
her real life. And we know she has a PhD
in history and political science, a combination which is extraordinary.
So we can't just dismiss miss Goldberg out of hand.
(02:11):
I'm being, of course, deceatious. I read a book called
Confronting the President's which is right behind Confronting Evil, which
is out now. We twined them up. By the way.
You get both books on Bill O'Reilly dot com for
a very fine price. Now, every time I see President Trump,
and the last time was five days ago in the
(02:32):
White House, so he's spent forty minutes with him. He's
asking me the same question that you just asked me.
So that's my legacy. Am I number one? Yet? And
you know I can't be blood. He's never going to
be number one. Abraham Lincoln will always be the best
president the United States.
Speaker 3 (02:54):
Hold on, President, you're at the Oval office. This is
a great scene.
Speaker 1 (02:57):
You're in the Oval Office with the president, and the president,
who trust your historical acumen, is saying, Hey, Bill, how
do you rank that?
Speaker 3 (03:06):
This is very, very funny.
Speaker 1 (03:07):
So he's asking you directly, hey where do I rank
right now? And you told him, I mean, I love this.
You told him what exactly.
Speaker 4 (03:15):
I told him that you know he's going I should
be number one? That's the saymenty megs. I said you'll
never be number one, you know me. I mean, I
don't pander to anybody. I said, You're never going to
be number one because Lincoln was so extraordinary in hell
the Union together when few other presidents would have been
able to do that. But you're in the top ten
(03:36):
right now, and you're the hardest working president of all time.
No president has ever approached the work ethic of Donald Trump.
And it's not even close. There's not even a close
second to that. And I said, but a lot of
your policies are yet to be no, as far as
(04:00):
their effectiveness is concerned. You got the border in your pocket, okay,
And you also have accomplishments because you followed the second
worst president in our history, Joe Biden, only James Buchanan,
who led up to Lincoln and who was an abject
coward and allowed the South to arm itself for four
(04:24):
years in preparation of the War of Rebellion and began
and did nothing, knew it was too afraid to do
anything about it. Worst president ever, Biden's number two. Why
because in four years Joe Biden did not solve one
problem in this country, not one. And all my liberal
(04:47):
friends who voted for him and Kamala Harris, when I
say to them very politely, because I don't get angry
about political differences, that's foolish. When I say, all right,
give me one thing.
Speaker 2 (04:59):
That he did, Joe, I'm sorry, Bill, I got to
jump in real quick. You're leading out that President Biden
solved Hunter's legal issues, which, to be fair, he swooped
in on that.
Speaker 4 (05:10):
Okay, Well, I'll debate you on that anytime you want.
But they the people voted for him, cannot come up
with one.
Speaker 2 (05:23):
Yeah, well, they certainly don't care that Hunter got a pardon,
or if they do, I think they don't like it.
Speaker 4 (05:27):
But you're right, if it were Donald Trump, junior president,
Trump would have done the same thing. So I'm an
honest guy. Yeah, all right, So.
Speaker 2 (05:41):
I was kidding Hi about the pardon thing. I'm not
I'm not trying to divert you from what you're saying.
He clearly is a terrible president who didn't manage to
solve much of anything. But I also wanted to ask you, Bill,
if I could the president, the current president, who you
say is excellent, not number one. He probably was a
little miffed at that, but that's okay. He's an excellent president.
He's going all on an affordability tour of sorts, going
(06:02):
to eastern Pennsylvania, because I think there's a recognition even
in this White House that despite the excellent policies, there's
frustration with the economy on affordability. Do you think Trump's
making the right move here by going Do you think
that this is something that the White House can successfully
address so we don't lose the control of a House
in the midterms.
Speaker 4 (06:21):
Well, on the night before Thanksgiving, I was at the
Islander hockey game and the puck was about to drop,
and I got a phone call from President Trump, right
said the game. Now, when a president calls, so you
got to take the call. He can't go to voicemail,
all right, So I got a private office. The owner
(06:41):
of the team is a friend of mine, and President
Trump can proceed to yell at me for ten minutes,
all right, which is not unusual, all right, And when
he gets going, you can't interrupt. Essence of the disenchantment
with O'Reilly was that I was reporting that the affordability
(07:05):
situation could very much hurt him because it all he
is to do is go back to twenty eighteen mid terms.
He got whacked. Trump got whacked, and Obama got whacked,
and it terms are very difficult to hold power. And
the press is pounding every second affordability, affordability, affordability. Now,
(07:30):
the stats are not bad for Trump, they're not. In fact.
On the now Spin News tonight, I'll lay them all
out for you. But if you have a specific stat
you want, I'll give it to you. And now, the
economy is in pretty good shape. Stock market's good for
one k people, retirement plant people, prospering. You can get
(07:52):
a job if you want it. Wages are up, Bacon
is up. If you like bacon, more of a bacon, okay,
But a whole number of other foods are down. So
this is a contrived thing. With one exception. Insurance costs
(08:13):
are killing working Americans, killing them health insurance, car insurance,
house insurance. That after President Trump got through yelling at me,
I said, all right, it's my job to report what's happening,
mister President. Of course you're not going to like some
of it, but I'm fair. This is what you have
(08:37):
to do. You got to get out there, and you've
got to tell people in twenty six here's what we're
going to do to bring down these prices, very specifically.
So I think he followed my advice, but I'm sure
he got that advice from other people as well. I'm
not taking credit for it. And he's out in Pennsylvania tonight. Bill.
Speaker 1 (09:00):
This is a little bit of a pivot. But the
last time we had you on, we had a caller
who wanted us to ask you about Patten's death and
whether you bought into and I know you wrote about
the death of Patent in your Killing series. What you
thought about is death or whether he wrote a book
killing Patent yeact, whether what your take is on that
(09:23):
death and what occurred.
Speaker 4 (09:26):
Okay, first of all, you get all the books, and
this is a shameless plug, but you guys are nice.
You can get all thirteen Killing books in the two
confronting books in one package on Bill O'Reilly dot com,
which will save you hundreds of dollars in Christmas gift
expenses because people want these books. Okay, so you get fifteen,
(09:51):
youdele them out. You added up the money that you
spent on that as opposed to what you would spend
on fifteen individual gifts. Your way ahead, Bill O'Reilly dot com.
Killing Patten, we walked through the whole career of the
best American general in World War Two, second best in
history next to John Pershing. Pershing was the best, Okay,
(10:14):
Patton was second. At the end of his life, many
very strange things happened to George Patten. None of them
added up. He should not have died in that hospital
in Luxembourg. So a lot of people, including me, suspect
(10:37):
that he was murdered who would want to murder him. Russia, Stalin,
Soviet Union, and they had access because you remember they
were our allies in World War Two, because Patten wanted
to fight them. He did not want to stop because
he knew that the Soviet Union was going to be
(10:59):
a replace Hitler and the Nazis is our main enemy.
Speaker 1 (11:03):
So when you say he was killed, sorry to cut
you off, do you mean that in the poisoned in
the wake of the car accident while he was recovering.
Speaker 4 (11:12):
Okay, poisoned in the hospital and the car accident itself
did not make any sense, and we trace it in
killing Pat It did not make any sense. So anyway
that I'm not a conspiracy guy. You guys know that
I don't deal with that. I am a reporter and
(11:34):
what I lay out is one hundred percent accurate. The
only resolution to this is to exhoom the general's body,
which is in Europe a test. They did that for
Zachary Taylor. Zachary Taylor got that treatment, then they won't
do it for Patten.
Speaker 3 (11:55):
Yeah, we have a caller that Bill.
Speaker 2 (12:01):
We had a caller who called in who said, who
claimed that his father was the driver for the car
when Patten was in that accident you mentioned.
Speaker 3 (12:10):
Just wanted you to hear this. This is thirty one.
Speaker 1 (12:12):
You say your dad was driving the car when Patten
was killed, when he died in the car accident, yes
he was okay, Well, what did your dad tell you
about that?
Speaker 5 (12:22):
He actually died nine days later. He was driving a
thirty eight Cadillac Lemo and Patton was sitting in the
back on the edge of the seat as usual, and
they were waiting for a train to pass, and he
put in a pass. He pulled away, got up to
about twenty five miles an hour, and there was a
personnel carrier about a quarter mile down the road that
(12:43):
pulled out at the same time. And when they got
to each other, the personnel carrier turned right into the
Cadillac and Patton flew forward, hit his forehead on the
partition between the front and the back, scalped his you know,
put to the scalp himself, and broke his neck.
Speaker 1 (13:00):
And so from your perspective, your dad told you there
is no conspiracy. There is for people out there that
have bought not believe that this was a traffic accident,
and it was a freak accident in some way.
Speaker 3 (13:13):
Based on the speed the patent died.
Speaker 5 (13:15):
Yeah, my dad never talked about any conspiracies about it
or anything like that. But I mean, there's three drunk
tie guys that all disappeared, you know, they were they
were in the personnel carrier, and you know, Patents starting
to do a lot better, and then he died just
all of a sudden.
Speaker 3 (13:32):
Hey, Bill, take it away. What do you make of it?
Speaker 4 (13:36):
Man? I believe that his father was the driver. The
three soldiers he fight that that is unbelievable evidence. I mean,
when you get a general, a four star dying in
this kind of circumstances, you interview everybody, and nothing was done.
(13:58):
Nothing was done Washington to Patten, that would be Harry
Truman the Democratic Party. Because Patten was going to run
for president. He's going to come back to the United
States and run just as Eisenhower did. And Eisenhower, of
course won, and so there were a lot of reasons
that Patten had a lot of enemies, but the big
(14:18):
enemy was Stalin, and Stalin had access. So I'm not
saying that Patten was murdered because I cannot prove it.
What I am saying is that you could find out
if this general was poisoned or not, and nobody is
(14:40):
apparently wants to do that.
Speaker 2 (14:42):
So that's the point about he had a turn for
the worse in the hospital. I mean that was It's
interesting that that he was. It seemed he was getting
better than all of a sudden, And so you're saying
that all of a sudden to you is very suspicious.
Speaker 3 (14:53):
You'd like to.
Speaker 2 (14:54):
Get to the bottom of it, or people to get
to the bottom of it with the testing of Patten's remains.
Speaker 4 (15:00):
Yeah, if you read Killing Patten, anybody very interested in
this subject, should we really walk through it in a
non hysterical way, so we have all the eyewitness reports
in there, and you know, in my style, my style
is I'm not boring you. I am moving this story along.
(15:21):
But I'm not a guy who ordinarily buys into this stuff.
But here, you had motive, you had accessibility, you had
enemies both abroad and at home. And George is a
tough guy. He was a big, strong guy, and it
(15:42):
just doesn't stack.
Speaker 3 (15:45):
Bill.
Speaker 1 (15:45):
Thank you for hanging out with us here. Good Christmas gift.
As you said, Bill, O'Reilly dot com for not only
Killing Patten, but many of the other books in the
series as well.
Speaker 2 (15:56):
Get the whole series. He's going to get you a
great deal. Bill O'Reilly dot com.
Speaker 4 (16:00):
I appreciate you having me on guys all year. I
wish you the best in the holiday season one. Just
a footnote real quick, I know you got to hit
a break. President Trump asked me to give him Confronting Evil,
specifically for the chapter on Putin, because we trace what
(16:20):
has happened to Putin. He's not the same guy that
Trump was dealing with in the first term. And the
President wrote me a really nice note after he read
to Confronting Evil. So I just want you people to
know that that is out.
Speaker 1 (16:36):
There, that's outstanding. Thank you for the background stories. We'll
talk to you again, probably after the first of the
new year. Merry Christmas, Happy New Year to you.
Speaker 4 (16:44):
Okay, guys, you too, have fun. Thank you.
Speaker 1 (16:48):
Play Travis with the Clay and Buck Show, wishing you
and your family a very mary Christmas and a happy
New Year. You're listening to Team forty seven with Clay
and Buck.
Speaker 2 (17:02):
We're just talking to Bill O'Reilly about the situation of affordability,
and Bill is saying that there's a lot of perception
driving that more so even than the actual cold hard
numbers if you look into it, which I'm sure that
is the case. But Trump at an ECON roundtable, Look,
he's going to Pennsylvania to address affordability because it's a
(17:24):
political issue, whether the numbers bear that out entirely or not.
And a lot of people do feel like, well, first
of all, prices are high. They've remained high. So you
have to get into Okay, is it that affordability is
not an issue, or is that it's not Trump's.
Speaker 3 (17:38):
Fault that affordability is an issue, or a whole range
of things. But one thing that is definitely the case
that came up is Obamacare. Play.
Speaker 2 (17:48):
These new Obamacare premiums, they're just going up and up,
and networks are getting smaller and smaller, and sure enough,
the whole promise of Obamacare has fallen apart. And that's
been the case for a long time. Trump here this
is cut twenty one, was saying, Look, it's been great
for the insurance companies. It's been really bad for people
that actually need healthcare.
Speaker 3 (18:08):
Play twenty one.
Speaker 6 (18:09):
The insurance companies stock has gone up by seventeen eighteen
hundred percent. They're taking in trillions of dollars. I don't
want to pay the insurance companies anything, and I know
a lot of them, but they're owned by the Democrats,
and the Democrats have Obamacare is a setup to make
insurance companies rich. And I want to pay the people,
(18:31):
and I want the people to go out and buy
their own health care. And that's what we want to do,
and that's what the Republicans want to do, because Obamacare
is a disaster.
Speaker 2 (18:42):
Clay, it is a disaster, and it's time Republicans dig
into this so that Democrats can't control the message in
going into the midterms.
Speaker 1 (18:50):
All of healthcare. It is a disaster. And I don't
care if you're a Democrat, Republican, or independent. Nobody has
any idea what things cost. Nobody is happy. I would
submit to you that everyone's least favorite thing almost in
the world is having to get on the phone with
an insurance company adjuster and try to explain why you're
being overcharged. To the extent that you can even tell
(19:14):
what your bill has on it. It is all just
a huge game of hide the hide the ball. And
what Trump is saying is in essence a very real position,
and honestly, I think most people out there would probably
prefer this. It's let you have the money and then
(19:35):
make your own decisions about what healthcare you need. I
don't even think most people realize, if they're not the employer,
what percentage of your overall salary goes for healthcare? Now,
but this is crazy. I mean, there are lots of
people out there paying twenty five thirty thirty five thousand
(19:56):
dollars a year for your healthcare plans in side of
whatever job you get, and you don't see that money,
you don't have any idea how it's being allocated. I
think huge percentages of people out there listening to us
would like to get all of that money tax free
to themselves and then be able to make the choices
about how to best allocate those resources for them and
(20:18):
their family. And so what we basically have is a
huge subsidy for all the health insurance companies of America.
That is what Obamacare is. And the problem here, Buck
is the math. We have way more older people entering
into needing substantial amounts of health care than we do
young people. And by the way, this is not just
(20:40):
for health care, this is social security, this is everything.
All of these government policies are predicated on constantly having
way more young people than we do old people. And
in the next twenty thirty forty years, the reality is
we're going to have way more old people than we
are young people. And that's true in a lot of
cones and the shell game, the hide the ball aspects
(21:03):
of this are going to become more and more prominent,
and people are going to get angry here because they
don't feel like they're getting a good value for their money.
I mean, I hate to say it, but this is
part of what motivated the United Healthcare CEO shooting. Is
people are just misallocating anger and in many ways lashing
out when.
Speaker 2 (21:23):
You see what the real structure of Obamacare is. You
have to have a lot of young, healthy people who
don't use very much in the way of healthcare resources
to spend into a system that is going to put
a huge majority of it on older, sicker people. And
that's what so the whole system is a redistribution of
(21:44):
wealth via healthcare. And then beyond that there's also people
who are getting subsidized in the programs and all these exchanges.
That's what was really an issue in this shutdown. Government
just funneling money into it to make it seem not
as bad as it really is for individuals. But you
have a lot of people who are getting massive subsidies
because if they had to pay what the market rate
(22:05):
is based upon the system of redistribution, the pricing on
this would be insane. I mean, you'd be paying fifty
grand a year for health insurance. Remember, not for health care.
You're still on the hook to pay for your health care.
You know, you know, twenty percent of one hundred percent
of the whatever percent they say, it's like, oh, you know,
customary and normal or however they phrase the language so
that they can play all these games, the insurance companies.
(22:27):
So that's a giant mess. And then there's also this
because we've been discussing the boat strikes in mostly in
the Caribbean against the Narco terrorists. This is Trump with
ABC's Rachel Scott, a little bit of a back and
forth here. There's now a push Clay to have the
video release because clearly we have video because they were
(22:48):
under is are there under surveillance? This has cut twenty
Trump doesn't like this request.
Speaker 3 (22:54):
Whatever the heck says, once you do is okay with
he said that's under review.
Speaker 1 (22:57):
Are you ordering the secretary to release that?
Speaker 6 (23:00):
Whatever he decides, it's okay with me. So every boat
we knock out of the water, every boat we saved
twenty five thousand American lives. That was a boat loaded
up with drugs. I saw the video. They were trying
to turn the boat back to where it could float. Video,
didn't I just tell you that nonoxious reporter in the
(23:22):
whole place. Let me just tell you you are an obnoxious,
a terrible actually a terrible reporter. And it's always the
same thing with you. I told you, whatever Pete hagg
Seth wants to do is okay with me.
Speaker 3 (23:35):
There you go play laying it down.
Speaker 1 (23:38):
They're trying to create a fall guy here. They tried
to create the admiral as the fall guy. They tried
to create hag set as the fall guy. They've tried
to create Trump as the fall guy. This story, other
than on the far left wing, has vanished as soon
as the video was shown in behind closed doors in Congress. Now,
I know some Democrats came out and they said, oh
(23:59):
my goodness, I can't this happened. But the fact that
the story vanished kind of tells you what the video
is going to show, and I presume the video will
show what has been reported already. And the numbers came
out from the Harvard Harris poll that I believe it
was fifty eight percent of Americans support the strikes that
are going on with Venezuelan Narco boats. Forty two percent disagree.
(24:22):
And I bet if you show that video then it'll
break down about sixty percent of people will say, yeah,
I agree with that, and about forty percent will say, no,
I disagree. But this is the world in which we're
in where you kind of have people floundering in every
direction trying to find something to be able to pin
(24:45):
to Trump, and so far they really aren't able to
find anything. And I think it's going to be a
challenge going forward how exactly they convey their anger over Trump.
And we come back, we can play audio because Suzy
Wilds Buck is telling everybody that Trump plans to be
(25:06):
on the road campaigning starting in Pennsylvania right now to
sell the agenda that he has put in place, and
I grabbed a picture. I need to tweet it out again.
I think a large degree of Trump's success is just
being ignored because he saw things so quickly on the
border that almost no one is able to even contemplate
(25:30):
how quickly he saw things. And I was reading our
buddy Ryan Gardusky this morning as I was doing my prep.
The White House has said about two million people have
self deported and or been removed who are illegals. And
Ryan Gardusky looked at the data on newborns in the
country and he said, actually, the data does support the
(25:51):
idea that there are increasing numbers of people leaving the
country because they're not having kids. Non citizens, illegal are
not having kids at the rates that they were before.
But when you look at the graphic, it's really kind
of amazing to see.
Speaker 2 (26:08):
Yes, the Trump immigration policies are working in ways that
aren't even necessarily at the center of the conversation on immigration,
but are very very effective. On the other side of things.
You have Zoron Mamdani in New York City telling people,
telling illegals how to avoid law enforcement.
Speaker 3 (26:30):
This is cut twenty four. Listen to this.
Speaker 7 (26:32):
One if you encounter ice. These are the things that
every New Yorker should know.
Speaker 1 (26:37):
First.
Speaker 7 (26:37):
ICE cannot enter into private spaces like your home, school,
or private area of your workplace without a judicial warrant
signed by a judge that looks like this. If ICE
does not have a judicial warrant signed by a judge,
you have the right to say I do not consent
to enter it, and the right to keep your door closed.
Sometimes ICE will show you paperwork it looks like this
(26:58):
and tell you that they have the right to arrest
that ICE is legally allowed to lie to you, but
you have the right to remain silent. If you're being detained,
you may always ask am I free to go repeatedly
until they answer you. You are legally allowed to film
ICE as long as you do not interfere with an arrest.
New Yorkers have a constitutional right to protest, and when
I'm there, we will protect that right.
Speaker 2 (27:19):
I had to say, imagine if he did this for
drug dealers, all of that would be true as well.
Let me be clear, everything that he said there is
true in general, for any criminal, for any violation of law.
All of that is true. But he's doing it for
illegals because they're at for democrats. Illegals are a protected
class of person Clay And this is what is going
(27:41):
to continue to be a huge problem from this is
what is going to continue to drag them down because
they can't avoid that reality without completely inflaming the left
wing base of their party.
Speaker 4 (27:54):
Yeah.
Speaker 1 (27:54):
Look, and they're on the wrong on this issue. They're
on the wrong on every issue, which is why I
think you're going to see them just try to pivot
and blame Trump for the fact that Biden's inflation drove
up the prices of good so substantially.
Speaker 3 (28:10):
That's the reality.
Speaker 1 (28:11):
Even though inflation has come back down substantially where at
two point seven percent I think target is two percent,
people are just angry and I get it because it
feels like goods cost more than they should and until
that starts to settle in, that rapid increase becomes embedded
into our minds as to what things should cost. This
(28:33):
is the pernicious nature of inflation. It is diabolical in
its impact to frustrate everyone.
Speaker 2 (28:41):
Buck Sexton here the entire Clan Buck Show wish you
and your family a warm Christmas season and a joyful
new year.
Speaker 1 (28:48):
The Team forty seven podcast is sponsored by Good Ranchers.
Speaker 3 (28:52):
Making the American Farm strong Again.
Speaker 1 (28:56):
You're listening to Team forty seven with Clay and Buck.
Speaker 2 (29:01):
There's news today that we will dive into shortly about
a federal judge now saying that Kilmar Abrego Garcia, the
alleged MS thirteen gang member, who for over a year
now has been at the center of all these administration
efforts to deport this guy, and it's turned into a
(29:23):
huge political football. This has turned into a Supreme Court
weighing in, God got sound to al Salvador. We're gonna
send him a bunch of other countries, but then we can.
And now you've got a federal judge saying, got to
let him out right now, so we will see. And
that's going on while DHS Secretary Nome is up on
Capitol Hill, so that's certainly in our sites and an
(29:47):
important story. Let's, though, just for a bit here, talk
about where we stand on the economy. People are concerned,
and I hear that concern from many of you that
prices are quite high, and I understand the challenge here
is it's really hard to bring down prices once they've
(30:11):
gone up considerably, and this is a legacy of the
madness of COVID. I think everyone should keep that in mind.
That many of us, well not many, some of us.
There were even some conservatives who were pretty bad on
the COVID stuff, especially on lockdowns and all the rest
of it. We're saying, you can't just tell people stay home,
(30:33):
don't do anything in print money, and then you can't
just spend as much money as you want to juice
the economy after that shutdown. Unfortunately, that is largely what happened,
and we are still dealing with the reality of that.
Speaker 3 (30:47):
Now. I will give you some of these details. We
will discuss some of these details. But first up here.
Speaker 2 (30:54):
CNBC, this is cut eleven, Rick Santelli. He's talking some numbers,
talking tray deficit. Let's hear from the man over at
CNBC play it.
Speaker 8 (31:03):
Trade balance minus fifty two point eight billion. That's a
better lower trade deficit than we expected. We were looking
for a number closer to sixty two billion, and that
follows they revised minus fifty nine billion. Minus fifty two
billion would be the lightest going back to Wow, we're
really going back, Well, my records go back to nineteen
(31:29):
ninety two, and to find a smaller number than minus
fifty two billion, we're all the way back to June
of twenty twenty.
Speaker 2 (31:39):
So this is important because Trump is establishing a rebalancing
of our global trade, America's global trade with the tariffs.
And as I've said all along, you don't have to
be an expert in tariffs to understand that something is
up when all of these other countries have tariffs on us,
we don't have tariffs on really, Edie one. And we're
(32:02):
the ones who can't figure this out, or you know,
we're we're the we're the odd man out. But it's
because we're so much smarter than every other country. Or
is it because we've been convinced by the globalist delete
in our own country that entirely free trade that does
not take in America first perspective, that allows all the
offshoring and all the stuff that we have seen decimate
(32:24):
the American for example, American manufacturing sector, auto industry, all
these things that that is somehow to our benefit. Well
it's really to the perhaps the stock price benefit of
a handful of companies. But people are changing their tune
on this. They're seeing what's really going on. But the
problem is prices. The problem is that stuff is still
(32:45):
expensive and people are upset about it. In fact, even
here in my home, well I live in Miami Beaches,
you know, And that's next door to Miami. I didn't
even know this until I've moved down here. Technically different cities,
they're not part of one city. And so Miami proper
just elected Downtown Miami elected a Democrat for the first
time in thirty years. And it was a combination of
(33:09):
two things that we're going to have to really get
right for the next year for the purposes of the
midterm election, but also just because they will be central
I think to the success or failure of the Trump
agenda in his second term. The cost of stuff, particularly
housing young people came out, Miami has become incredibly expensive.
Speaker 3 (33:31):
As a city. It used to be a great deal.
Speaker 2 (33:33):
I mean, if you were smart enough to come here
in two thousand and nine ten and start buying up
some condos, you've done phenomenally well.
Speaker 3 (33:42):
Now not so much.
Speaker 2 (33:44):
But the price of things, especially housing, in Miami is
very high, so that factors in. We saw this also
in New York City when you have Mom Donnieism largely
built around the promise of bringing housing prices down. He's
going to bring the cost of rent down. Now, if
you know anything about economics, you know that his solutions
(34:05):
to these problems will actually make things worse, but they
sound good, and you can get a lot of power
by saying things that sound good no matter how bad
the results are actually.
Speaker 3 (34:15):
Going to be.
Speaker 2 (34:18):
One of the issues we're going to have is that
going into a midterm year, right, it's we're at the
end of year one of Trump's second term.
Speaker 3 (34:28):
Yeah, a lot of us can point.
Speaker 2 (34:30):
To the status of the Biden economy and what was
going on, but that is not going to be compelling
enough to win in key in challenging races. Former SEC
chair Jay Clayton had this to say about the economy.
Speaker 3 (34:47):
I thought you should hear this. This is cut twelve.
Speaker 9 (34:49):
The affordability issue is but from the twenty two percent
increase in prices in inflation under Biden, there's this full
stop right there. That's the affordability issue, and you want
to be able to explain.
Speaker 2 (35:01):
That, right, that's right.
Speaker 10 (35:03):
And look, I think that with the economic team President
Trump and the economic team led by Scott Desson, you
have people who very much understand this and it was
a they were thrown You know what, I would say,
the worst economy for the average American in my adult
lifetime in terms of the like you said, the incredible
(35:26):
increase in prices at the household.
Speaker 2 (35:30):
This is true, and the case has to be made,
but it is not sufficient on its own. All of
you who call in, write in and say, hey guys,
hey Clay, hey Buck, this stuff is just too expensive
where I am, particularly healthcare, housing, education, These things are
(35:52):
just the price are out of control in some aspects.
Depends on the product, but groceries. Gas prices are down,
but many of you and the the truckers out there,
we love our truckers are saying diesel prices are still
considerably higher than we would want to see them for
a robust economy. Spending at Christmas time, I've seen some
(36:15):
of the data on this one. Spending at Christmas time
seems to be quite a bit down. People are not
shelling out the kind of cash that they did, even
compared to last year.
Speaker 3 (36:25):
Now.
Speaker 2 (36:26):
I think there was tremendous ebullions about the economy because
of Trump's victory. So that explains in part why last
year people were spending because they thought, oh, we're going
to have a good economy, and they were right, but
now it's too full. The challenge ahead on prices, affordability
a word i'm as I've said along, you have to
(36:47):
prepare yourself to hear about this more than any of
us are going to want to. But the power balance
in DC, and therefore the future of the country for
the next few years is going to be largely determined.
I think based upon that the two big issues it's
gonna be the affordability and immigration election mid terms.
Speaker 3 (37:08):
That's what's gonna that's what's gonna move the needle.
Speaker 2 (37:12):
And this is Republicans are seeing this early enough. Thankfully,
I'm not having this talk with all of you in
August of the election year or September of the election year. Hey, Republicans,
it's time to make the case. I think they're actually
seeing this in advance. And they have Scott Besson, who
is both very good at the job of Treasury Secretary
(37:34):
and a very good spokesman for what this administration, the Treasury,
the economy, the Fed, all of this is doing. He's
a very good mind, a very good mouthpiece on these issues.
But this is what Democrats are gonna hammer. They're gonna
hammer the discontent of the prices. Isn't this the most
classic move that the Democrats could possibly come up with?
(37:57):
They made it so prices get all jacked up. We
told them don't We said, don't do it. This is
going back to twenty twenty one. We said, don't do it, guys,
it's crazy. Don't spend the trillions. We've already put a
lot of pressure, a lot of heat into the economy
with all the shutdown spending. And that was under Trump,
(38:17):
but that was both sides were saying, Oh, the world's
gonna end, you know, the whole thing. Trump left it
to the states whether to stay open or not, and
with the exception of Florida, states generally did not stay open.
South Dakota state open, but there's not very many people
in South Dakota, so.
Speaker 3 (38:30):
That was easier.
Speaker 2 (38:31):
Most states shut down, as you know, and so we
had to do something. There was that whole emergency. But
now telling people that the worst inflation in forty years
started four years ago is not really a winning strategy,
right or in five years ago, whatever, it's that's not enough.
(38:54):
I think that, unfortunately, is going to be insufficient. As
part of the narrative which brings me to you, the
solutions and the things that Trump and his team are
trying to do. Look at what has happened on trade alone,
that's why I started with that. Look at where he
is on tariffs. They said, the so called intelligency and
Trump's going to crash the economy based on the tariffs.
(39:15):
He's going to mess everything up. No, in fact, the economy,
the stock market has been booming, but prices have remained high.
The only way to bring prices down is well, if
you want to get really technical about it, technical about it,
you got to see a you can have a cessation
of demand, or you can have an increase in supply.
(39:36):
But the best thing that we could see is an
increase in efficiency of manufacturing of goods and services and
you know, and spending and investment, and that's what will
bring prices down. Mandates the Mamdani approach price controls. Price
controls not only have made New York City and the
(39:57):
whole state of California but because of government regulation, but
price controls in New York City have made real estate
far more expensive. And anywhere where they try this, it
makes real estate more expensive. And overall, price controls in
the economy is part of what has destroyed a large
part of what destroyed the Venezuelan economy. I mean, there's
many things, but price controls is at the heart of it. Oh,
(40:18):
we're just gonna seize assets and then we can't make
this stuff. We're gonna seize the factories, right, this is
the Maduro approach. We'll seize the factories and we'll make
the stuff, but we can't make much money off of it,
and we're not very good at making it, so we'll
just say it has to cost this. Well, that doesn't
work that way because you can't make them at that price.
(40:38):
I guess what happened.
Speaker 3 (40:39):
Shortages and then the black market comes in with the
real price.
Speaker 2 (40:42):
And all of this is very well established, but the
Trump team has to get very dialed in on here's yes,
talk about what the Biden inflation was, and that's why
I played that se former SEC chair talk about what
the Biden inflation was, but also how it is coming down,
(41:02):
how it is being addressed, and how it is going
to get better over the next year because of what
Trump is doing. Republicans gotta focus in on this because
it is not an overstatement to say if we have
a week year of not just policy, but a week
year of messaging, and I'm gonna say, Republicans, where's the
(41:24):
big legislation guys. Ah, the big beautiful bill. Okay, it's
a spending bill. Where's the legislation, where's the you know,
the the new approach to healthcare. Got to get together
on this one and make some things happen. If you
lose the House and you're Donald Trump, then it just
turns into, all right, we gotta wait for the next election.
We gotta wait for the you know, the heir apparent
(41:45):
of the Republican Party to take over for MAGA, because
the Democrats will just till they will what's the phrase,
cut off their nose to spite their face. I mean,
they will just make everything stink and then blame it
all on Trump.
Speaker 1 (42:01):
And you know that
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