August 27, 2025 • 50 mins
Also, Trump plans a Chicago occupation, Israel strikes hospitals in Gaza and Democrats refuse to wake up to growing anti-Israel sentiment
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:10):
Hello everyone, My name is spellche Walsh. We have a
good show for you as always on the show. Today
we are looking at a Donald Trump power grab in
the Federal Reserve as he fires Lisa Cook after some
pretty shall we say, trumps up allegations of mortgage fraud
from the Federal Reserve governor. That is going to further
(00:35):
call into question the independence of the essential American economic
institution as questions arise whether Jerome Powell, who is the
head of the Federal Reserve's, job may be in jeopardy
as Trump continues his Federal Reserve power grab. Speaking of
(00:55):
power grabs, he's also planning to occupy another city to talk.
Today in a North Korea style cabinet meeting where everyone
had to go around and pay him at least one
compliment throughout a three hour tongue bath. Donald Trump today
announced that he is waying. He sent the National Guard
to Chicago to combat while dropping crime in the city. Also,
(01:20):
Israel is in full spin mode after striking hospital, waiting
till all the health workers and journalists came to respond
to the incident, and then striking that same hospital again.
You'd be the latest on that and everything else in Gaza,
as well as the Democrats ignoring efforts from their grassroots
(01:42):
to go off for an arms of bago on the
Israeli government and instead promising to sort it all out
in a working group. Really is a self parody. A
lot of interesting stuff to get to on the show today,
so let's not waste any more time and get started
with the Cook. Huge move today by Donald Trump firing
(02:03):
Lisa Cook, who is one of the Board of Governors
of the Federal Reserve, and a huge bid to try
and take control of the institution as much as he
possibly can as he tries to raise interest rates to
get that economy a big, big boost. Traditionally, though, the
Federal Reserve has been entirely independent, allowed to make its
own decisions based on where the economy stands at any
(02:26):
given moment, but now under Donald Trump, that is being
threatened like never before. And again, this all started when
he refused Jerome Powell, who's the head of the Federal Serve,
refused to raise interest rates. But he knows. Trump knows
that he can't fire Jome Powell without a huge backlash
from the markets, which he absolutely hates getting, so he
has decided to go with Lisa Cook, who is another
(02:49):
one of the people that was opposed to raising interest
rates obviously, which Trump is the only thing really that
Trump wants from the Federal Reserve. So let's take a
look at the lengths here that he is willing to
go to make sure that Lisa Cook does not come
back to a position on the Federals are a board.
Speaker 2 (03:06):
On a serious note, when it comes to Fed Governor
Lisa Cook, her lawyer has.
Speaker 3 (03:10):
Said that they're going to be following a lawsuit challenging
is legal action, what is your response?
Speaker 4 (03:16):
And you prepared for a legal.
Speaker 2 (03:17):
Client and then a little bit more.
Speaker 4 (03:20):
But now she seems to have had.
Speaker 2 (03:23):
An infraction, and she can't have an infraction, especially that
infraction because she's in charge of, if you think about it, mortgages,
and we need people that are one hundred percent above board.
And it doesn't seem like she was yeh.
Speaker 1 (03:36):
Yeah, we need people who are one hundred percent above board.
That is the Trump guarantee when it comes to his
cabinet members. It's really just something that I think even
a very few people out there that voted for Trump
don't even believe that all his cabinet appointees are above board.
I mean, whoever you voted for Trump, for example, and
lost all that money on that that meme coin that
he and everyone in his cabinet promoted. Yeah, so really,
(03:59):
it is an entirely crazy situation here as the Federal
Reserve defendant its independence a day after Trump moved to
fire the a member of its board of governors, and
Cook is apparently preparing to challenge her removal, which her
lawyer called Illegal's going to read things some interesting questions,
so to speak, for a lot of reasons. Because Bill
(04:21):
Poultz here, as New York Times describes, who has used
his position as director of the Federal Housing Finance Agency
to attack and investigate Trump's political enemies, accused Cook of
mortgage fraud. Although she has not been charged with wrongdoing,
the allegation in some ways echoes what Trump was found
liable for in a civil case last year. So this
was essentially mortgage fraud allegations that was investigating that was
(04:44):
dug up, shall we say, by Bill Poltz, who was
really looking to do this for a while. For weeks,
the director of the Federal Housing Agency has publicly called
for the firing of Jerome Powell, the Federal Reserve chair
and issued warnings on social media about a crackdown on
mortgage fraud that crack down appears to have now and
starned a different member of the Federal Reserve, Lisa Cook.
So they were essentially telegraphing that this is what they
(05:06):
wanted to do, was look into these people for so
called mortgage fraud, and then all of a sudden they
end up firing fired, and it just so happens to
be the exact people that need to be fired so
that Trump can get exactly what he wants. So yeah,
it really would be a huge way to give Trump
much much greater control over the policy direction of the
(05:30):
Federal Bank. Thank you to President Trump for your commitment
to stopping mortgage fraud and following the law, Poltse wrote
on X. Polti wrote on X if you commit mortgage
fraud in America, we will come after you, no matter
who you are. So he used to try to do
the same thing here to Leticia James, the New York
Contornity General and Senator Adam Schiff who led the effort
to impeach Trump during his first time. So this really
(05:52):
is a pretty stark example of Trump just using the
power of the federal conment just corrupt your dictators style
to go after his own enemy, like this is what
he wants to do. This is what they do and
anyone's Turkey. This is what they do in Prutin's Russia.
And I don't I don't want to be hyperbolic about this.
I don't want to be over dramatic, but this is
literally what they do. These BS investigations that they kind
(06:15):
of dig up out of nowhere. It's like, oh, yeah,
she had she changed you know, the residency, her primary
residency from one of her houses to another one of
her houses. You know, like that is that is what
they're going at here. And when we're talking about the
Trump administration, which has had fraud on this six Ways
to Sunday and it's been investigated on that and also
a lot of other different things. You know, these are
(06:37):
not people who care about you know, public that level
of public property because they've been willing to let so
much other stuff go that is is really quite bad
that you know, it really begs the question about what
the hell they're doing here, and it clearly is a
power trip situation. We do have some interesting thoughts here
(06:57):
from the Stalwart Joe Wisenthal and the Odd Lots newsletter
in Bloomberg very smart financial analysts. They have a few thoughts.
They say, at this point, everyone knows Trump blantslower interest rates,
and he actually may get it. But firing Cook would
open another door, one that gives Trump the chance to
name another FED Board governor, and it potentially stack the
(07:19):
Central Bank with a four person majority of Trump appointees.
They'd say four to three situation there on the board.
But there are other reasons that Trump might want more
control of the Federal Reserve other than rate cuts. That
this is one of their emergency episodes they're talking about.
We talk about the evolution of the FED in the
wake of the US name financial crisis. The central Bank
(07:41):
doesn't just control benchmark interest rates anymore, and as a
practically unlimited balance sheet, which would probably be useful to
a president seeking to bypass Congress to an act of
facto fiscal policy. And that's really important because this is
another theme of the Trump presidency, which is trying to
make policy push that much as possible, whether it be
on trade, whether it be on immigration, whether it be
on just basic financial polity. For example, lowering interest rates,
(08:04):
raising interest rates as a drop of the hat, regardless
of any sort of economic fundamentals, which is, you know,
it's very important to follow when you're dealing with interest rates.
That would be something that he could do now with
a handpicked majority on the Federal Reserve Board. The market
reaction has been pretty mooted. The dollars down and hold
us up as investor's price and a higher chance of
(08:25):
rate cuts. The most interesting moves, however, are in the
treasury market. However, short term yields are falling thanks to
those rate cut expectations, but long term yields are rising
as an investor's price in a lock of central bank
a loss of central bank independence. This is what Paul
Krugman has dugged the insanity premium, which which does make
(08:47):
quite a bit of sense given the way things are going.
Here's some other thoughts that they have. If the Fed
is cutting prematurely, then that is all things inflationary, and
an inflationary environment all things equal, means high rates from
the Fed over any given length of time. So that's
why you see the costs of long term borrowing still rising,
even though the cost will will uh. You know, the
(09:11):
cost will be low in the short term because heay
interest rates are being cut, but since the FED is
no longer dependent in investors' eyes, they are now saying
that they'll eventually have to rise rate back up when
the situation becomes inflationary because the non independent FED cut
rates too early. Hopefully that makes some sort of sense.
The bottom line here is lack of Federal Reserve independence
(09:35):
is causing more chaos throughout the economy and giving Trump
greater control to do whatever he wants whenever he wants
to either make himself look good or make himself richer
or his friends richer, no matter what that situation may be.
Here is another interesting angle of this. This is a
(09:55):
guy named Elliot Stein, who's a senior litigation analyst for
Bloom talking about not really the necessary like necessarily the
efficacy of the allegations against Lisa Cook, because, as we
talked about, those are something that Trump was in charge
of or was charged with too, and he was found
liable for any civil case. You know, this is something
that is very easy. It's it's one of those things
(10:18):
where it's technically illegal, but rich people get away with
it all the time. To be honest, is what Lisa
Cook seems to have done here. And you know, she
need she changed her primary residence around too many times
and that led her to get, you know, a unjustifiably
lower rate on her one of her houses that was
her really her primary address when she said, or really
(10:40):
her vague yeah, really her vacation address that she said
it was her primary address to get a lower rate.
So anyway, it's it's one of those situations. But anyway,
this is Elliott Stuying here is the Bloomberg Legal analyst
weighing in on the actual chances of how legal it
is for Donald Trump to remove her from the board, because,
(11:01):
as we've talked about, you need in terms of Federal
Reserve Act, you need just cause to remove a Federal
Reserve Board governor, which Lisa Cook.
Speaker 5 (11:08):
Is means against Lisa Cook, but more about the veracity
of whether there is indeed cause for the President to
remove her.
Speaker 3 (11:17):
Yeah, and that's the main legal issue here because the
Federal Reserve Act says that the President can remove a
Federal Reserve Board governor for cause, but the statute doesn't
define or specify what cause means. So we have to
look to some other statutes for other agencies that say
cause generally means some sort of inefficiency, neglect, or malfeasance.
(11:42):
The question here is whether the allegations against Fed Governor
Lisa Cook you rise to that level. And my feeling
is that until you have some sort of investigation by
let's say, the Fed Inspector General or some sort of
investigation by the Justice Department that results in charges, it's
probably little themature to say that the allegations alone satisfy
(12:04):
the four cause standard.
Speaker 1 (12:07):
Yeah, So there you have it, and it's gonna be
very interesting here to see how this case plays out
in a legal basis here in the future, because I
think this is also a very good point that as
much as I disagree with him, Larry Summers brings up
Trump is very guilty, and as I said before, a
lot of people in positions of power that are in
the position to have, you know, multiple houses and things
(12:29):
like that, they get away with this kind of stuff
all the time.
Speaker 6 (12:31):
And by the way, I just have to say, this,
is it really this president who is treating saying things
that don't try out to be exactly accurate on a
real estate related loan application as being the end of
(12:52):
the world that is a sin of which the president
has stood accused on many many occasions, has been found
guilty by courts, has engaged in settlements, has paid uh
(13:14):
fined And so if somehow misleading statements on loan applications
are disqualifying, I think that that's a brush that should
paint very very broadly.
Speaker 1 (13:34):
And definitely there to the President of the United States,
as Summers is you know, pretty undisputably accurate in saying, yeah,
so very interesting stuff here. Bottom line is, with regard
to the courts and the future of this case, it's
going to be very interesting to see here the challenging
(13:55):
of Lisa Cook's removal by her lawyer and by the
federal result, Trump and his top advisors showed no signs
of relenting. The administration continue to claim that Cook has
engaged in mortgage rode before she was confirmed as the
first black female member of the board in twenty twenty two,
necessitating determination, even though she has not been charged or
convicted of a crime. So what that's going to do, though,
(14:18):
is it's going to in the process of discovery open
up you know, Bill Polsi and Trump and They're going
to have to in the process of discovery be opened
up to defending why they chose to go after her
and if the White House was involved in picking her
out as a target to investigate to see exactly what
they could find on anything to get her fired. And
you know that could probably expose their efforts to do
(14:41):
the same thing with other officials like Tis James and
Senator Adam Schiff as well. So that is going to
be one kind of aspect of it. The other, probably
bigger economic aspect of it is what the hell happens
with the future independence of the Federal Reserve and what
effect is that going to have on the economy, because
it's going to be very interesting to see if they
(15:01):
can fight this off or if them trying to fight off.
This removal opens the door for Trump to give as
an excuse, quote unquote, to go in and can Jerome Powell,
which would further make the Fed and their decisions less
independent and more subject to the whims of Donald Trump.
So very interesting, very potentially dangerous, economically dangerous situation for
(15:26):
really developing here with the firing of the Federal Reserve chair.
And we will continue to follow it on these flash.
So Donald Trump today in a really north Korea style
cabinet meeting just announced plans to launch a military occupation
of yet another American city, this time it is Chicago.
And here he is in that cabinet meeting talking about it,
(15:48):
and really you can see the just awfulness of the
plan and really his personality at display in just these
twenty eight seconds.
Speaker 4 (15:58):
I would have much more respect for Prince Good call
me up and say I have a problem. Can you
help me fix it? I would be so happy to
do it. I don't love not that I don't have
the right to do anything I want to do. I'm
the president of the United States. If I think our
country is in danger, and it is in danger in
these cities, I can do it no problem going in
(16:18):
and solving you know, his difficulties. But it would be
nice if they'd call and they'll say, would you do it?
Speaker 1 (16:24):
And so oh, it's just this is super which is
a nice to be called to say, would you I
think that speaks to really why Trump is doing this
with DC and with all these other things. He wants
to be the strong man. He wants to be the
father of the nation. He wants to be the guy
who came and said I was the one who saved you.
I was the one who stopped this crime. You couldn't
even walk in the street, you couldn't even play with
your kids in the park. When even as Prinsker says,
(16:47):
in all these cities, crime is going down because they're
actually doing a serious response to the problem, and they're
not just like the Trump ministration trying to go for
as much cruelty and as much demon stration of raw
power over other people as possible, but they're actually trying
to solve the problem.
Speaker 7 (17:07):
Crime is a reality we all face in this country.
Public safety has been among our highest priorities since taking office.
We have hired more police and given them more funding.
We banned assault weapons, ghost guns, bump stocks, and high
capacity magazines. We invested historic amounts into community violence intervention programs.
(17:31):
We listened to our local communities, to the people who
live and work in the places that are most affected
by crime, and ask them what they needed to help
make their neighborho crazy. Those strategies have been working. Crime
is dropping in Chicago. Murders are down thirty two percent
(17:52):
compared to last year and nearly cut in half since
twenty twenty one. Shootings are down thirty seven percent since
last last year and fifty seven percent from four years ago.
Robberies are down thirty four percent year over year, burglaries
down twenty one percent, motor vehicle thefts down twenty six percent.
(18:13):
So in case there was any doubt as to the
motivation behind Trump's military occupations, take note thirteen of the
top twenty cities in homicide rate have Republican governors. None
of these cities is Chicago. Eight of the top ten
states with the highest homicide rates are led by Republicans.
(18:38):
None of those states is Illinois.
Speaker 1 (18:41):
That is such an important point there by Pritzker. It's
like they're actually trying these strategies in these blue cities.
DC is the same way New York is the same way.
They're trying these problems, these efforts, these strategies to reduce crime.
Some of them, I think, the over reliance on the
police and knowing the police be unaccountable, are worthy of criticism,
(19:04):
I think from from the left, But they are They
are the ones who are actually trying to reduce the crime,
and the situation is getting better. You know, if you
have you listen to Trump portrayal here, it's like you
can't even you know, go play in the park, can
you walk down the street. You can't even do all this,
these kind of basic, basic things. You would think, Oh,
crime is going up fifty percent over a year. It's
(19:25):
a huge, huge spike. No, it's not. And then in
these other cities. You got Memphis, Tennessee, Hattiesburg, Mississippi. You know,
Baton Rouge, Louisiana. I knew someone who I know someone
personally who was shot there, hit by like a ricochet
bullet in a gang fight when she was in college,
you know. So it's like these like these are Republican
(19:47):
cities where their guns are flying off of the shelves,
and these Republican states, Republican governors, and it is a
situation where those those are going out of control. But
the blue cities are actually serious about solving this crime
because they've been criticized for it and it's been a
problem for so long, or actually starting to make progress.
(20:07):
But who does Trump do the military occupations of it
is the blue cities. And that tells you it's not
an emergency in these cities. It's a manufactured emergency by
the Trump administration to control the lives of people in
these Blue cities and to exert political control over them
as much as possible and really physical military control over
(20:28):
them as much as possible, because not because they have
this crime and you really care about helping the people
of America. It's because a it makes Trump feel like
he's the powerful person, like the father of the nation,
coming in to help his people and solve other problems.
But also there really is and you can see it
in the clip that I played a few weeks ago
(20:48):
when we were talking about the original DC occupation planned
is that these conservatives when that guy Benny Johnson was
talking about bulldozing neighborhoods in DC, you know, really horrific
stuff they hate. They absolutely hate people in these cities.
Whether you're you know, a white liberal or you're a
poor black single mom, whatever, they think that you live
(21:12):
in a bad way and they want to destroy your life.
Like I don't want to be hyperbolic here, I don't
want to be alarmist, but that is literally the things
if you listen to conservative med if listen to how
they talk about these cities, I don't get how you
can come away with any other conclusion because it's clearly
not about crime. It's not about evidence based crime. It's
you know, you can say, even it's not a perfect situation,
(21:35):
even though the crime is down in DC, you know,
but the crime is going down. Local governments are supposed
to govern themselves locally, you know, like they're supposed to
govern them They're supposed to control their own cities, and
especially when crime is going down, it looks like they
got the handle on things. So you don't need to
come in and send a National Guard occupation of these
(21:57):
American cities for a supposed to crime emergency when the
crime is literally going down. So you know, it really
is a completely BS situation there that is really just
meant to drive up fear. It's meant to drive up,
you know, just anxiety of the for for immigrants, for
(22:18):
any sort of any sort of person who could fear
getting on the wrong side of the situation is meant
to most most importantly, make conservatives and Trump happy by
making the lives of their liberal enemies in these big
blue cities as poor and as miserable as possible. So
this is a pretty important point there to highlight, and
(22:40):
Pritsker he wasn't done. He kept going here was stay close.
Speaker 7 (22:43):
Finally to the Trump administration officials who are complicit in
this scheme, To the public servants who have forsaken their
oath to the Constitution to serve the petty whims of
an arrogant little man. To any federal official who would
come to Chicago and try to incite my people into
violence as a pretext for something darker and more dangerous.
(23:08):
We are watching, and we are taking names. This country
has survived darker periods than the one that we're going
through right now, and eventually the pendulum will swing back,
maybe even next year.
Speaker 1 (23:25):
Donald Trump has already shown.
Speaker 7 (23:26):
Himself to have little regard for the many acolytes that
he has encouraged to commit crimes on his behalf. You
can delay justice for a time, but history shows you
cannot prevent it from finding you eventually. If you hurt
my people, nothing will stop me, not time or political circumstance,
(23:51):
from making sure that you face justice under our constitutional
rule of law.
Speaker 1 (23:56):
I mean, how refreshing is that? And it's really it's
all democrats want. It's somebody who respects them, who loves them,
who wants to represent them, who appreciates their city and
is not afraid to fight for democratic ideas, democratic values
and actually defend the work in the policies that Democrats
are doing. Like you don't have someone like you know,
(24:18):
miroel Bowser who is running with her you know, tail
between your legs, or Kathy Hokel or Eric Adams who
constantly makes these apologies for Chicago, for New York, for
these list It's like, yeah, we have problems, but we're
working to solve them. And the Conservatives are being a
little bit too harsh here, like no JB. Pritzker is
saying you're a criminal, You're a sick little man who
(24:41):
wants to control us, and we're not gonna let you
because we're actually running things well in this city better
in fact, that you're running the whole country. And we
don't have to take lessons from you on shit when
it comes to how we run our city and how
we govern our affairs, because you are not the dictator
of this country. We have local governments, we have this authority,
(25:02):
and we are actually doing a good job with this.
So we're not gonna apologize to you, and we're not
gonna give you this obsequiousness. You know, like all these
people in this this Trump cabinet meeting. We're doing and
we're actually going to stand up for ourselves. And by
the way, let's end on this. This is a really
crazy Trump cabinet meeting where essentially every single cabinet secretary
(25:25):
goes around and launches into effusive praise of him. I
haven't stopped by the Department of Labor, mister President, and
I invite you to see your big, beautiful face a
manner in front of the Department of Labor, because you
are a real labor secretary.
Speaker 8 (25:39):
President of the American worker, along with the American flag
and President Roosevelt.
Speaker 5 (25:44):
Working for this government for you is the greatest owner
of my life. I tell it to everybody, and I
really do feel that a way, and I thank you.
Speaker 2 (25:51):
You have breathed life back into the profession of law enforcement.
Speaker 9 (25:54):
Your respect for law enforcement is so incredible it's making
a difference.
Speaker 3 (25:59):
This is just such a great opportunity, really to recognize
your leadership as a true champion for working people.
Speaker 10 (26:05):
Well, everyone knows there's no stronger advocate from hard working
American families than you as your president.
Speaker 1 (26:11):
Thank you for the opportunity to work for you in
Our country has never been so secure thanks to you.
You have brought us back.
Speaker 8 (26:19):
From the edge.
Speaker 5 (26:19):
And there's only one thing I wish for that that
Noble Committee finally gets its act together and realizes that
you are the single finest candidate since the piece this
Noble award was ever talked about.
Speaker 2 (26:33):
To receive that award.
Speaker 1 (26:35):
It's pretty great to celebrate Labor Day peace, but with
builder who loves labor.
Speaker 8 (26:40):
The great Trump projects have come from. Very many women
were going into this weekend to celebrate.
Speaker 4 (26:45):
Thank you for saving college football. By the way, We're
all very grateful.
Speaker 1 (26:50):
Awesome, You're awesome, and they're just even as he's leaving
the cabinet meeting, they're still giving all this this oral,
this tongue bath here. You know, it really is a
but that we can joke about it, we can laugh
about it, and we can just make fun of the
kind of dictatorial tone that uh or the just authoritarian
(27:12):
tone that Trump is taking. And you know, so many
of his cabinet officials are now kind of taking to
get in his good books and the egotistical way in
which he's want to run in the country. But as
we saw in Chicago, as we saw in DC, it
has real consequences if he feels like he can get
away with and do whatever he wants. He's not gonna
be able to stop anytime soon. In this cabinet meeting,
(27:33):
in the Chicago situation, they are two parts of the
same broader theme, which means unre really and unrestrained Trump
completely in bolden Trump, with all this support, all this
tongue bath glazing here from his cabinet, is going to
feel more power to exercise more control over his enemies,
(27:54):
both within the country and without. So a very disturbing
situation to keep an eye on. Indeed, Israel is drawing
widespread condemnation for a really brutal crime, a strike on
Gaza's Noster Hospital that killed a lot of obviously hospital workers,
rescue workers, and journalists that were sheltering there. That was
(28:15):
followed seventeen minutes later by another strike that killed yet
even more medical workers and journalists that came to the
scene to report on and retrieve the bodies from the
original strike in the hospital. This is how it looked
on This is on Palestine TV where they were talking
(28:35):
about the rescue workers, as you can see here, were
inside the rubble of the hospital trying to retrieve the
body of one of the journalists from Palestine TV, Hassam
al Masri, who had just been killed in the strike.
And then you can take a listen to what happens.
You can see here you rescue workers, they're trying to
get the bodies out, including some on Maastri, and then
(29:01):
in a brutal, criminal, just depraved move, Israel strikes the
hospital again and kills all the rescue workers that had
come in a second time. It's just it could not
be more statistic. It's a double tap strike that is
just truly, truly indefensible. They said they were targeting that
(29:22):
part of the hospital because there was a Hamas camera
that was set up there. But the really ridiculous part
is that Almasri was the one who operated a camera there,
I believe for yeah, he operated a live video feed
for Reuters from National Hospital, which even the New York
Times backed up was the site of the Israeli strike.
(29:47):
And of course Reuters is being completely spineless. They're just
reporting these Israeli claims about, oh, it was Hamas camera
like it's an absolute fact, but that even the New
York Times has backed up it was their own journalis
who was killed in that strike. For operating the camera
that was filming the actions of the Israeli state. Ryan
(30:08):
Grimm of drop site News Posts compare this honest and
impressive reporting from NYT's Eric Toler and others with the
headline the New York Times puts on this article absolute
night and day. The journalists find the IDF flat out lied,
and the editors then write a headline that pretends the
IDF claim is serious. It includes their slanders claim that
killed that six of those killed were militants, which is
(30:30):
completely messed up. And you could see the tweet from
Eric Toller when he's posting the story even though the
headline is completely different. Here, let's go back to the headline.
It says Israel says it attacked cause the hospital to
destroy cameron placed by Hamas. It said the attack killed
six militants. And then the guy who posts the story
says Israel justified it strike on the Nasal hospital which
killed six journalists and more than a dozen others by
(30:52):
claiming a Hamas camera was set up there. The location
they attacked is where the ap and ruiter's live stream from.
You know, all the all the trails that worked on it.
So it's where that guy who worked for Reuters, and
then even by the way report this the bare minimum
of reporting, the New York Times did the guy that
worked for Routers set up a live stream so the
(31:12):
world could see what was happening, and he was killed
for it. And that goes back to as we talked
about the last time when on a socialif was killed.
What Israeli officials have said in the past is they
come armed with their cameras. For them, the camera, which
shows the truth of their crimes to the world is
just as much a threat, if not more of a threat,
(31:34):
than any Hamas militant, and it needs to be eliminated.
So that was that was the play from the Israeli government.
They started out by saying, oh, you know, this is
just a tragic mishap where the Prime Minister's offices, Oh,
we're very sorry about everything that happened here, but it's
never the ideaf's attention to target civilians. All that blah
blah blah blah blah. And then they say, oh, it
(31:57):
was a Hamas camera that again treated seriously by the
editors of the New York Times, even though their own
reporters say the truth, which is what it was an
international live stream camera that was used by Reuters and
the Associated Press. But again, what I really find outrageous
is that Reuters didn't even come to support their own
journalist who was killed in this strike setting up a
(32:19):
camera from them if you look at some of their
own headlines. But it's it's truly just statistic. It really
is some statistic stuff. Let's think a look at just
some of these journalists that were killed in the strike
and remember them for a minute. We talked about some
Amazri again was operating this feed at the time and
was killed in the original strike where you saw those
(32:41):
rescue workers in that video trying to retrieve his and
other's body before they too were killed in the second
Israeli a strike. Here is another one who was killed,
Ahmed Abu Aziz. He was known among his colleagues for
his quiet demeanor, humiliity and kindness. He did writing and
filming for a number of or outlets or organizations and
was well respected in Gaza's media community, including for Middle
(33:03):
East I could Feed an Independent Commission for Human Rights.
Another one was Mariam Abu Daka. She has a thirty
three year old Palatunian journalist and mother of a thirteen
year old boy named Gaith Geith. Ghith had a fear
for a guide safety during the war, Mariam sent him
to live with his father in the UAE. She was
a freelance photographer working with several international agencies, including the
(33:26):
AP and contributed to Independent Arabia. She was well known
among her calleingues for a dedication and relentless drive to
document the suffering of the Palestinian people. She's stood on
the front lines among the journalists covering the war at
National Hospital in communists even under repeated Israeli assaults on Gaza,
and this was this most recent one that was killed,
and this was even in Communist so it's really showing
(33:48):
of how the Israeli reoccupation, the annexation that is now underway,
it storting Godza city, is going to very quickly move
to the south as well. Mohammed Sala was another one
of those killed. He was a cameraman for Al Jazeira.
He lost his mother in childhood and lived with his
father and relatives, and he got engaged this past November
(34:09):
on his birthday to a fellow journalist, Halasford, hoping to
hold up a wedding once there was a truce or
a ceasefire. And this this really goes to show you,
you know, whis abutaha. He was a policy and freelance
video journalists, one of the younger generation of photojournalists who
documented the devastation of Gaza until his life was cut short.
Among his colleagues, he was deep in, deep, deeply shaken
(34:32):
by the killing of his fellow ALTA zero journalists. I'll
show you two weeks earlier wedding on Facebook. By God,
our strength is gone. And this really indicates to me
just it's it's another one of these demonstrations of which
should be obvious to so many people, but it is
completely lost in Western society. Is just that the incredible,
(34:53):
incalculable loss of humanity that's just been wiped out on
every level, Like you know, these people who were planning
to get engaged, planning to start families, raise kids, live
happy lives. Many of these journalists who have been absolutely
incredible and super brave and just the only reason why
we know what's going on in this genocide right now.
(35:13):
Many of them they did nothing to do like the
lifestyle content they did, sports content. They were never even
really involved in anything to do with politics before October
seventh took place and threaten their entire way of life
and the genocide. Genocide began. And just because again, just
like they Israeli's upset in the past, just because they
(35:35):
bothered to film the crimes that the Israelis were committing,
they have been systematically taken off the map for it.
I want to go to this here. This is many
A San interviewing a former Israeli ambassador, and it really
provides an insight into the way these people think about
this stuff. And you can really see hear how he
is portraying, you know, and you can see how the
(35:57):
equivalency here and also you'll now that you know about
you'll see it in a lot of other Israeli kind
of official communication, the equivalency between cameras and journalists telling
the truth and hamas terrorism and terrorists.
Speaker 11 (36:11):
On Monday, Israel struck the NASA hospital not once, but twice,
killing at least twenty people, including five journalists, multiple first
responders who had rushed to the scene Danny after the
first strike to pull people out of the rubble, and
then they were hit and three of those journalists were
killed in a second strike, a double tap, the kind
of thing that al Qaider and Isis in Iraq used
to do, what Assad has done in Syria, what Putin
(36:33):
has done in Ukraine. Those are war crimes. Are they
not attacking a hospital without warning, killing journalists, killing first
responders in multiple strikes, and then saying it was a mistake.
Speaker 1 (36:44):
No, it was deliberate, cold blooded.
Speaker 8 (36:47):
Well, Maddie, here, I think we do agree on the
facts of the ground. Why do we agree because it
is investigated specifically, and this was something that you know
we do not do, so we are not acting.
Speaker 1 (37:02):
Hold on you did it? Holdold on.
Speaker 11 (37:04):
You can't say we do not do you did it?
Speaker 1 (37:06):
Israel did it?
Speaker 8 (37:06):
No, I'll tell you. I'll tell you what's the difference.
The difference is that's put In hamas as. They never
apologized for any of this. Here, Natanyao himself the ideas
they said it was a mistake and we apologize. He
apologized to investigate and correct the things and.
Speaker 11 (37:29):
Different Why do it in the first place, It wasn't
an accident. You did a double tap strike on a hospital.
An apology is not enough when you do a war
crime like that.
Speaker 8 (37:38):
No, Well, from what I understand is that there was
a position. You see, that's part of the problem, you know,
when hamask is embedded, when Hamas is using their own population,
their civil population, as human shields when they could.
Speaker 1 (37:50):
So again, they're not unapologizing here. There even this guy
who's trying to act like, oh, we apologize, we are
not like the Russians, Like he is not apologizing. This
is a clear non place saying they were Hamas. He
is even that one little slip of constilliatory behaviors. Oh
it is our bad, you know, we apologize, which is
(38:12):
insane to say. When you double tap a hospital, as
many a sign point correctly points out. He holds that
up for all about twenty seconds before he's like, oh, yeah,
those people they're Hamas, so they should have been.
Speaker 8 (38:22):
Killed, whether it's a surveillance or guns on top of
masts and hospital.
Speaker 11 (38:28):
There were no guns on top of the NASA hospital.
As you know, that's a lie, Danny Island, there were
no guns on top of the NASA hospital.
Speaker 8 (38:35):
Maybe just that's a lie.
Speaker 11 (38:36):
Just we just clarifying that is a lie. There were
no guns on top of the NASA hospital.
Speaker 8 (38:40):
Listen, you know that according to the Geneva convention. Yeah,
if a hospital or any other civilian place is used
for terror, it's a legitimate target.
Speaker 1 (38:51):
So you did attack it deliberate?
Speaker 11 (38:52):
It was which hold on, is it an accident or
did you attack it Deliberatey, you're telling me two different
things at the same time.
Speaker 8 (38:58):
It was okay, it was attack it deliberately because the
soldiers on the ground saw that there was a surveillance
camera there there.
Speaker 1 (39:07):
Yes, so we get the whole, the whole, Uh, the whole.
The farcical thing about oh, it's an accident and that
didn't mean to is dropped within minutes because that is
who these this that is who these people are, and
this is what they're trying to do. At the end
of the day. Any sort of truth, any sort of
exposure their crimes, any sort of effort by the Palacing
(39:27):
people to document what was happening to them, must be
snuffed out at all costs, and whatever gift to say
to get that message across. You say it, and you know,
at least to a certain point, it'll get full backing
by the international media and it's a complete lie. New
York Times back that backed that up as a complete lie.
(39:47):
It was an international feed that was broadcasting video from
the start of October seventh onwards to the world about
things going on in Gaza. But that made no difference
and no Israeli soldier in any way will be punished
for this horrific, horrific crowd. Democratic leadership at their annual
summer meeting rejected a proposal from their own members to
(40:10):
call for an arms embargo on Israel. Here is how
that sounded of the report from CBS News.
Speaker 12 (40:18):
Members of the Democratic National Committee clashed over how the
party should address the ongoing warren Gaza during their annual
summer meeting today, Democrats blocked a resolution calling for an
arms embargo in suspension of military aid to Israel. As
a result, d NC chairman Ken Martin withdrew a different measure,
calling for a cease fire and the free flow of
aid into Gaza.
Speaker 3 (40:38):
We need to keep working through this.
Speaker 5 (40:40):
We have to find a path forward as a party
and we have to stay unified.
Speaker 12 (40:47):
Hunter woodall is.
Speaker 1 (40:48):
And I mean, you get the sense there just from
that little clip of how things have been going. I mean,
it was another real rejected opportunity by the Democratic Party
to show that they were serious and show where they
get where the base actually is. Because there's been a
lot talk, you know in mainstream media about all this
is going to inhibit the unity of the Democratic Party. Well,
the thing is, and if we really look at it,
(41:10):
you know, the people just eight percent of Democratic voters
approve of Israel's actions. The Democratic Party base is unified,
and they are unified in one hundred percent support or
nearly one hundred percent support if you look at the
polls of an arms of argo towards Israel and an
absolute rejection of everything that Israel is doing in Gaza.
(41:30):
So this is you know, essentially what they did is
they rejected a grassroots proposal to call for an arms
of argo and then Ken Martin, just to be safe,
comes in over the top. Ken Martin, there is the
DNC chair that you just saw talking, comes over the
top with a resolution that essentially repeats what was in
the platform that Kamala Harris ran on in twenty twenty four,
which essentially calls for AC's fire and free flow of aid,
(41:53):
which by the way, the Democrats didn't do either when
they're in office. And you know, Kamala Harris lost the
election on that platform. So it is it's maybe not
the best idea to just regurgitate what one of the
most losing candidates in recent Democratic Party history said about
one of the most salient issues for the Democratic Party base.
And this is what this is what they just don't get.
(42:13):
This is going to be an issue that will continue
to bite them in the ass as long as they
don't recognize how severe it is and how pissed off
people really are about this about the situation. So here
is a essentially a great description of it from prem
to car of Ziteo Media. He says, the DNC had
(42:35):
two Gaza resolutions, a status quo run and a stronger run,
Arms of bag, arms of bargo, suspend military aid, recognized Palestine.
That's what it called for. Proponents even offered an amended version,
offensive arms, which is the j Street kind of work
around BS version that we talked about in the AOC
segment a couple of weeks back, where she said, oh,
(42:56):
it's fine if you just give this general style state
defensive weapons to protect itself as a convinced genocide. We
just just stopping him the offensive ones, whatever that means.
So even that even the offensive proposal wasn't enough for
the n C they voted down the former and against
voted for the former and against the ladder, and now
(43:16):
they're withdrawing to open a task force. They're they're as
you can see there in the middle of your screen
from David Weigel's watching or Semaphore reporter who was on
the scene. You know, Martin Returns, DNC chair Returns announced
us that he will withdraw the previously passed Gaza resolution,
the one that activists thought didn't go far enough, and
appointed task force to work through the Gaza issue. And
(43:38):
how much more Democratic Party could you possibly pee? You know,
this eighty ninety eight, ninety to eight issue in terms
of approval was a disapproval of israelction in Gaza, where
it's it's it's complicated. We're gonna have to have a
task force to work through it and figure it out.
So this yere is the statement from Brian Romick, who's
(43:59):
the president CEO the Democratic Authority for Israel. They the
Israel Lobbie was watching this very closely today. Let's take
a look at what he had to say today. The
Democratic Party sent a clear and resounding message by the
defeating the reckless and devisive revolution. We stand with the
people of Israel and will continue to do so. For
more than seventy five years of the US Israel relationship
has been strong because it's grounded and shared values in
(44:20):
mutual security interests. And again this is what this is
the person who the Democratic Party is choosing to side
with as opposed to the legions of committed Democratic Party
voters who are absolutely disgusted with what Israel is doing.
They're siding with someone who wants you to believe that
the United States and Israel have shared values, which apparently
(44:41):
are the values of supporting genocide. That's what the line
the Democratic Party goes with. Those are the people who
are pushing that message. Those are the people who the
Democratic Party wants to support. And then they want your vote,
they want your acceptance, they want your endorsement, they want
you to fall in line when it comes to future elections.
And if you look at all the pulls, a lot
of the base is still absolutely disgusted with their party
(45:03):
and all the stuff of that Hamas Mas Moss and
then in this critical moment, Democrats stood firm rejected this
dangerous effort and sentim message that they continue to remain
united in Israel security and our long standing alliance. And
the thing is they just do not get it. I mean,
you look at this stuff here. This is another interview
that really made the rems. The Democratic Party from the
(45:25):
top down, Ken Martin, leaders in the DNC, top Democratic
elective officials from the top down just do not see
Palestinian suffering and palastini lives as worthy of attention and
are really just surprised that their own voters, who believe
in this stuff of you know, human rights and quality
for all, are actually a little bit worked up about
(45:46):
the way that this genocide is going and they're like,
you're not supposed to care about Palestinians, Like what are
you even doing? And you could see this here. This
was a Isaac Chottner interview with the former president's support
for Israel a bettered humanitarian cat. This is Jacob lu
who's the US Ambassador to Israel under Joe Biden. Donald
(46:07):
Bump Joe Biden. And this this clip from that interview
in The New Yorker with Isaac Chattner interviewing the Israelian
or US Ambassador Israel went really viral because of this
clip and specifically where he says the general pattern was
in that in the moment stories were inaccurate, and the
Israeli military and government establishment were not in a position
to fully explain. Yet we could almost never get answers
(46:29):
that explain what happened before the story is fully framed
in the international media and the facts were fully developed,
he says, which is interesting in and of itself. But
the part that went viral is it turns out that
the casualties, the casualties were much much lower, the number
of civilians were much lower, and in many cases the
children were children of a mass fighters, not children taking
cover in places. This is what This is what Jack
(46:52):
lou the US ambassador to Israel under Joe Biden, is
how how he is explaining away the cat in this war,
just saying, oh, they were all children of Hamas fighters.
There are Hama's children, And then Shatner, understanding me, goes, sorry,
what did you say? In many cases the original number
of casualties, No, I meant to think about who the
children were. There were often children of the fighters themselves.
(47:14):
And therefore what follows from that, What follows is whether
or not it was a legitimate military target flows from
the population that's there. Hold on, missus secretary. That's not
in fact correct right. Whether it's legitimate target has all
has to do with all kinds of things like proportionality.
It doesn't matter if the kids are kids of If
you're in a command and control centers with the ambassador talking,
(47:34):
that's different than if you're in a school that's emptied
out and into cent civilians are taking shelter there. If
you're the commander of Hamas unit and you bring your
family into a military site, that's different. I'm not saying
everything fits into that, and I'm not saying it's not
a tragedy. So she's saying that the children. This is
the Biden administration ambassador saying that the children killed by
(47:56):
Israel were justified because they were hiding in Hamask command
and control centers. I mean, you cannot get more despicable
than that. And you can see that kind of mindset.
It permeates throughout the Democratic Party and people are noticing,
people are disgusted by this stuff. I mean, it's it's
(48:16):
really is. It's just beyond the bail, it's beyond comparison.
And here's Charlemagne the God talking about Hakim Jeffries Learly
the Democratic Party, I mean, this is somebody who Democrats
always go on and beg for his vote, his attention
and his approval on the on the Breakfast Club. He's
one of the most popular hosts in kind of hip
hop media and there's a huge, mostly black audience. And
(48:40):
this is what he had to say about Hikim Jeffries.
Speaker 10 (48:42):
I love having the speaker, minority speaker, King Jeffries, because
you know, I'm a political nerd, like I love talking.
Speaker 9 (48:49):
Charlemagne hates him, you do. I don't hate him. I
just don't think he stands for anything. Well that he's
I call him apex.
Speaker 10 (48:58):
We did talk about messaging and I actually went to
the Capitol and had a meeting with him and we
talked about mestering and how I was like, the frustration
with the party is y'all have to get more gangster like,
stop going by the politics of the late two thousands,
you know, in twenty ten, and you have to like
rise to vacation and the mestering.
Speaker 9 (49:14):
And he did. I saw him do more afterwards. I
came as a puppet. I came to not doing anything.
If shuck Shuman, don't tell him to do it, and
as simple as that. But I did I was very.
Speaker 1 (49:23):
Happy a pax shakur apax is there is what the
probably notable quote there from Charlo Ma and the God,
and that is just the general consensus. It's just that
these leaders are not going to stand up to Trump,
They're not going to do anything for us because they're
too busy sitting on their hands and then only rising
to support Israel and the genocidal stuff that everyone is
seeing them do on a daily basis. And you can
(49:45):
see it permeates from the top down these people who
don't get how serious this is because they're not They're
used to thinking of Palestinians as just the terrorists that
have to be killed because they're just generally in supportive
of Israel and are trained throughout their professional lives to
be in support of Israel. And then you know, their
base is like, what the hell. You have no principles,
(50:06):
you have no backbone, you don't even stand up for anything,
and you support, you know, genocide of children and killing
of children. You know, so why should I vote for
you or support you? And this is sinking through and
we're going to continue tracking here our news flash, but
this reckoning is not going away. And Democrats would be
wise to wake up to it. There really needs to
(50:27):
be changed on Gaza and on that note, we will
end it there for today. Once again, all of the
clips from today's show will be available on YouTube and
the YouTube channel Spencer and Walshall. Go check that out
for a fun visual to the show, and we'll see
you later this week.
Hello everyone, My name is spellche Walsh. We have a
good show for you as always on the show. Today
we are looking at a Donald Trump power grab in
the Federal Reserve as he fires Lisa Cook after some
pretty shall we say, trumps up allegations of mortgage fraud
from the Federal Reserve governor. That is going to further
(00:35):
call into question the independence of the essential American economic
institution as questions arise whether Jerome Powell, who is the
head of the Federal Reserve's, job may be in jeopardy
as Trump continues his Federal Reserve power grab. Speaking of
(00:55):
power grabs, he's also planning to occupy another city to talk.
Today in a North Korea style cabinet meeting where everyone
had to go around and pay him at least one
compliment throughout a three hour tongue bath. Donald Trump today
announced that he is waying. He sent the National Guard
to Chicago to combat while dropping crime in the city. Also,
(01:20):
Israel is in full spin mode after striking hospital, waiting
till all the health workers and journalists came to respond
to the incident, and then striking that same hospital again.
You'd be the latest on that and everything else in Gaza,
as well as the Democrats ignoring efforts from their grassroots
(01:42):
to go off for an arms of bago on the
Israeli government and instead promising to sort it all out
in a working group. Really is a self parody. A
lot of interesting stuff to get to on the show today,
so let's not waste any more time and get started
with the Cook. Huge move today by Donald Trump firing
(02:03):
Lisa Cook, who is one of the Board of Governors
of the Federal Reserve, and a huge bid to try
and take control of the institution as much as he
possibly can as he tries to raise interest rates to
get that economy a big, big boost. Traditionally, though, the
Federal Reserve has been entirely independent, allowed to make its
own decisions based on where the economy stands at any
(02:26):
given moment, but now under Donald Trump, that is being
threatened like never before. And again, this all started when
he refused Jerome Powell, who's the head of the Federal Serve,
refused to raise interest rates. But he knows. Trump knows
that he can't fire Jome Powell without a huge backlash
from the markets, which he absolutely hates getting, so he
has decided to go with Lisa Cook, who is another
(02:49):
one of the people that was opposed to raising interest
rates obviously, which Trump is the only thing really that
Trump wants from the Federal Reserve. So let's take a
look at the lengths here that he is willing to
go to make sure that Lisa Cook does not come
back to a position on the Federals are a board.
Speaker 2 (03:06):
On a serious note, when it comes to Fed Governor
Lisa Cook, her lawyer has.
Speaker 3 (03:10):
Said that they're going to be following a lawsuit challenging
is legal action, what is your response?
Speaker 4 (03:16):
And you prepared for a legal.
Speaker 2 (03:17):
Client and then a little bit more.
Speaker 4 (03:20):
But now she seems to have had.
Speaker 2 (03:23):
An infraction, and she can't have an infraction, especially that
infraction because she's in charge of, if you think about it, mortgages,
and we need people that are one hundred percent above board.
And it doesn't seem like she was yeh.
Speaker 1 (03:36):
Yeah, we need people who are one hundred percent above board.
That is the Trump guarantee when it comes to his
cabinet members. It's really just something that I think even
a very few people out there that voted for Trump
don't even believe that all his cabinet appointees are above board.
I mean, whoever you voted for Trump, for example, and
lost all that money on that that meme coin that
he and everyone in his cabinet promoted. Yeah, so really,
(03:59):
it is an entirely crazy situation here as the Federal
Reserve defendant its independence a day after Trump moved to
fire the a member of its board of governors, and
Cook is apparently preparing to challenge her removal, which her
lawyer called Illegal's going to read things some interesting questions,
so to speak, for a lot of reasons. Because Bill
(04:21):
Poultz here, as New York Times describes, who has used
his position as director of the Federal Housing Finance Agency
to attack and investigate Trump's political enemies, accused Cook of
mortgage fraud. Although she has not been charged with wrongdoing,
the allegation in some ways echoes what Trump was found
liable for in a civil case last year. So this
was essentially mortgage fraud allegations that was investigating that was
(04:44):
dug up, shall we say, by Bill Poltz, who was
really looking to do this for a while. For weeks,
the director of the Federal Housing Agency has publicly called
for the firing of Jerome Powell, the Federal Reserve chair
and issued warnings on social media about a crackdown on
mortgage fraud that crack down appears to have now and
starned a different member of the Federal Reserve, Lisa Cook.
So they were essentially telegraphing that this is what they
(05:06):
wanted to do, was look into these people for so
called mortgage fraud, and then all of a sudden they
end up firing fired, and it just so happens to
be the exact people that need to be fired so
that Trump can get exactly what he wants. So yeah,
it really would be a huge way to give Trump
much much greater control over the policy direction of the
(05:30):
Federal Bank. Thank you to President Trump for your commitment
to stopping mortgage fraud and following the law, Poltse wrote
on X. Polti wrote on X if you commit mortgage
fraud in America, we will come after you, no matter
who you are. So he used to try to do
the same thing here to Leticia James, the New York
Contornity General and Senator Adam Schiff who led the effort
to impeach Trump during his first time. So this really
(05:52):
is a pretty stark example of Trump just using the
power of the federal conment just corrupt your dictators style
to go after his own enemy, like this is what
he wants to do. This is what they do and
anyone's Turkey. This is what they do in Prutin's Russia.
And I don't I don't want to be hyperbolic about this.
I don't want to be over dramatic, but this is
literally what they do. These BS investigations that they kind
(06:15):
of dig up out of nowhere. It's like, oh, yeah,
she had she changed you know, the residency, her primary
residency from one of her houses to another one of
her houses. You know, like that is that is what
they're going at here. And when we're talking about the
Trump administration, which has had fraud on this six Ways
to Sunday and it's been investigated on that and also
a lot of other different things. You know, these are
(06:37):
not people who care about you know, public that level
of public property because they've been willing to let so
much other stuff go that is is really quite bad
that you know, it really begs the question about what
the hell they're doing here, and it clearly is a
power trip situation. We do have some interesting thoughts here
(06:57):
from the Stalwart Joe Wisenthal and the Odd Lots newsletter
in Bloomberg very smart financial analysts. They have a few thoughts.
They say, at this point, everyone knows Trump blantslower interest rates,
and he actually may get it. But firing Cook would
open another door, one that gives Trump the chance to
name another FED Board governor, and it potentially stack the
(07:19):
Central Bank with a four person majority of Trump appointees.
They'd say four to three situation there on the board.
But there are other reasons that Trump might want more
control of the Federal Reserve other than rate cuts. That
this is one of their emergency episodes they're talking about.
We talk about the evolution of the FED in the
wake of the US name financial crisis. The central Bank
(07:41):
doesn't just control benchmark interest rates anymore, and as a
practically unlimited balance sheet, which would probably be useful to
a president seeking to bypass Congress to an act of
facto fiscal policy. And that's really important because this is
another theme of the Trump presidency, which is trying to
make policy push that much as possible, whether it be
on trade, whether it be on immigration, whether it be
on just basic financial polity. For example, lowering interest rates,
(08:04):
raising interest rates as a drop of the hat, regardless
of any sort of economic fundamentals, which is, you know,
it's very important to follow when you're dealing with interest rates.
That would be something that he could do now with
a handpicked majority on the Federal Reserve Board. The market
reaction has been pretty mooted. The dollars down and hold
us up as investor's price and a higher chance of
(08:25):
rate cuts. The most interesting moves, however, are in the
treasury market. However, short term yields are falling thanks to
those rate cut expectations, but long term yields are rising
as an investor's price in a lock of central bank
a loss of central bank independence. This is what Paul
Krugman has dugged the insanity premium, which which does make
(08:47):
quite a bit of sense given the way things are going.
Here's some other thoughts that they have. If the Fed
is cutting prematurely, then that is all things inflationary, and
an inflationary environment all things equal, means high rates from
the Fed over any given length of time. So that's
why you see the costs of long term borrowing still rising,
even though the cost will will uh. You know, the
(09:11):
cost will be low in the short term because heay
interest rates are being cut, but since the FED is
no longer dependent in investors' eyes, they are now saying
that they'll eventually have to rise rate back up when
the situation becomes inflationary because the non independent FED cut
rates too early. Hopefully that makes some sort of sense.
The bottom line here is lack of Federal Reserve independence
(09:35):
is causing more chaos throughout the economy and giving Trump
greater control to do whatever he wants whenever he wants
to either make himself look good or make himself richer
or his friends richer, no matter what that situation may be.
Here is another interesting angle of this. This is a
(09:55):
guy named Elliot Stein, who's a senior litigation analyst for
Bloom talking about not really the necessary like necessarily the
efficacy of the allegations against Lisa Cook, because, as we
talked about, those are something that Trump was in charge
of or was charged with too, and he was found
liable for any civil case. You know, this is something
that is very easy. It's it's one of those things
(10:18):
where it's technically illegal, but rich people get away with
it all the time. To be honest, is what Lisa
Cook seems to have done here. And you know, she
need she changed her primary residence around too many times
and that led her to get, you know, a unjustifiably
lower rate on her one of her houses that was
her really her primary address when she said, or really
(10:40):
her vague yeah, really her vacation address that she said
it was her primary address to get a lower rate.
So anyway, it's it's one of those situations. But anyway,
this is Elliott Stuying here is the Bloomberg Legal analyst
weighing in on the actual chances of how legal it
is for Donald Trump to remove her from the board, because,
(11:01):
as we've talked about, you need in terms of Federal
Reserve Act, you need just cause to remove a Federal
Reserve Board governor, which Lisa Cook.
Speaker 5 (11:08):
Is means against Lisa Cook, but more about the veracity
of whether there is indeed cause for the President to
remove her.
Speaker 3 (11:17):
Yeah, and that's the main legal issue here because the
Federal Reserve Act says that the President can remove a
Federal Reserve Board governor for cause, but the statute doesn't
define or specify what cause means. So we have to
look to some other statutes for other agencies that say
cause generally means some sort of inefficiency, neglect, or malfeasance.
(11:42):
The question here is whether the allegations against Fed Governor
Lisa Cook you rise to that level. And my feeling
is that until you have some sort of investigation by
let's say, the Fed Inspector General or some sort of
investigation by the Justice Department that results in charges, it's
probably little themature to say that the allegations alone satisfy
(12:04):
the four cause standard.
Speaker 1 (12:07):
Yeah, So there you have it, and it's gonna be
very interesting here to see how this case plays out
in a legal basis here in the future, because I
think this is also a very good point that as
much as I disagree with him, Larry Summers brings up
Trump is very guilty, and as I said before, a
lot of people in positions of power that are in
the position to have, you know, multiple houses and things
(12:29):
like that, they get away with this kind of stuff
all the time.
Speaker 6 (12:31):
And by the way, I just have to say, this,
is it really this president who is treating saying things
that don't try out to be exactly accurate on a
real estate related loan application as being the end of
(12:52):
the world that is a sin of which the president
has stood accused on many many occasions, has been found
guilty by courts, has engaged in settlements, has paid uh
(13:14):
fined And so if somehow misleading statements on loan applications
are disqualifying, I think that that's a brush that should
paint very very broadly.
Speaker 1 (13:34):
And definitely there to the President of the United States,
as Summers is you know, pretty undisputably accurate in saying, yeah,
so very interesting stuff here. Bottom line is, with regard
to the courts and the future of this case, it's
going to be very interesting to see here the challenging
(13:55):
of Lisa Cook's removal by her lawyer and by the
federal result, Trump and his top advisors showed no signs
of relenting. The administration continue to claim that Cook has
engaged in mortgage rode before she was confirmed as the
first black female member of the board in twenty twenty two,
necessitating determination, even though she has not been charged or
convicted of a crime. So what that's going to do, though,
(14:18):
is it's going to in the process of discovery open
up you know, Bill Polsi and Trump and They're going
to have to in the process of discovery be opened
up to defending why they chose to go after her
and if the White House was involved in picking her
out as a target to investigate to see exactly what
they could find on anything to get her fired. And
you know that could probably expose their efforts to do
(14:41):
the same thing with other officials like Tis James and
Senator Adam Schiff as well. So that is going to
be one kind of aspect of it. The other, probably
bigger economic aspect of it is what the hell happens
with the future independence of the Federal Reserve and what
effect is that going to have on the economy, because
it's going to be very interesting to see if they
(15:01):
can fight this off or if them trying to fight off.
This removal opens the door for Trump to give as
an excuse, quote unquote, to go in and can Jerome Powell,
which would further make the Fed and their decisions less
independent and more subject to the whims of Donald Trump.
So very interesting, very potentially dangerous, economically dangerous situation for
(15:26):
really developing here with the firing of the Federal Reserve chair.
And we will continue to follow it on these flash.
So Donald Trump today in a really north Korea style
cabinet meeting just announced plans to launch a military occupation
of yet another American city, this time it is Chicago.
And here he is in that cabinet meeting talking about it,
(15:48):
and really you can see the just awfulness of the
plan and really his personality at display in just these
twenty eight seconds.
Speaker 4 (15:58):
I would have much more respect for Prince Good call
me up and say I have a problem. Can you
help me fix it? I would be so happy to
do it. I don't love not that I don't have
the right to do anything I want to do. I'm
the president of the United States. If I think our
country is in danger, and it is in danger in
these cities, I can do it no problem going in
(16:18):
and solving you know, his difficulties. But it would be
nice if they'd call and they'll say, would you do it?
Speaker 1 (16:24):
And so oh, it's just this is super which is
a nice to be called to say, would you I
think that speaks to really why Trump is doing this
with DC and with all these other things. He wants
to be the strong man. He wants to be the
father of the nation. He wants to be the guy
who came and said I was the one who saved you.
I was the one who stopped this crime. You couldn't
even walk in the street, you couldn't even play with
your kids in the park. When even as Prinsker says,
(16:47):
in all these cities, crime is going down because they're
actually doing a serious response to the problem, and they're
not just like the Trump ministration trying to go for
as much cruelty and as much demon stration of raw
power over other people as possible, but they're actually trying
to solve the problem.
Speaker 7 (17:07):
Crime is a reality we all face in this country.
Public safety has been among our highest priorities since taking office.
We have hired more police and given them more funding.
We banned assault weapons, ghost guns, bump stocks, and high
capacity magazines. We invested historic amounts into community violence intervention programs.
(17:31):
We listened to our local communities, to the people who
live and work in the places that are most affected
by crime, and ask them what they needed to help
make their neighborho crazy. Those strategies have been working. Crime
is dropping in Chicago. Murders are down thirty two percent
(17:52):
compared to last year and nearly cut in half since
twenty twenty one. Shootings are down thirty seven percent since
last last year and fifty seven percent from four years ago.
Robberies are down thirty four percent year over year, burglaries
down twenty one percent, motor vehicle thefts down twenty six percent.
(18:13):
So in case there was any doubt as to the
motivation behind Trump's military occupations, take note thirteen of the
top twenty cities in homicide rate have Republican governors. None
of these cities is Chicago. Eight of the top ten
states with the highest homicide rates are led by Republicans.
(18:38):
None of those states is Illinois.
Speaker 1 (18:41):
That is such an important point there by Pritzker. It's
like they're actually trying these strategies in these blue cities.
DC is the same way New York is the same way.
They're trying these problems, these efforts, these strategies to reduce crime.
Some of them, I think, the over reliance on the
police and knowing the police be unaccountable, are worthy of criticism,
(19:04):
I think from from the left, But they are They
are the ones who are actually trying to reduce the crime,
and the situation is getting better. You know, if you
have you listen to Trump portrayal here, it's like you
can't even you know, go play in the park, can
you walk down the street. You can't even do all this,
these kind of basic, basic things. You would think, Oh,
crime is going up fifty percent over a year. It's
(19:25):
a huge, huge spike. No, it's not. And then in
these other cities. You got Memphis, Tennessee, Hattiesburg, Mississippi. You know,
Baton Rouge, Louisiana. I knew someone who I know someone
personally who was shot there, hit by like a ricochet
bullet in a gang fight when she was in college,
you know. So it's like these like these are Republican
(19:47):
cities where their guns are flying off of the shelves,
and these Republican states, Republican governors, and it is a
situation where those those are going out of control. But
the blue cities are actually serious about solving this crime
because they've been criticized for it and it's been a
problem for so long, or actually starting to make progress.
(20:07):
But who does Trump do the military occupations of it
is the blue cities. And that tells you it's not
an emergency in these cities. It's a manufactured emergency by
the Trump administration to control the lives of people in
these Blue cities and to exert political control over them
as much as possible and really physical military control over
(20:28):
them as much as possible, because not because they have
this crime and you really care about helping the people
of America. It's because a it makes Trump feel like
he's the powerful person, like the father of the nation,
coming in to help his people and solve other problems.
But also there really is and you can see it
in the clip that I played a few weeks ago
(20:48):
when we were talking about the original DC occupation planned
is that these conservatives when that guy Benny Johnson was
talking about bulldozing neighborhoods in DC, you know, really horrific
stuff they hate. They absolutely hate people in these cities.
Whether you're you know, a white liberal or you're a
poor black single mom, whatever, they think that you live
(21:12):
in a bad way and they want to destroy your life.
Like I don't want to be hyperbolic here, I don't
want to be alarmist, but that is literally the things
if you listen to conservative med if listen to how
they talk about these cities, I don't get how you
can come away with any other conclusion because it's clearly
not about crime. It's not about evidence based crime. It's
you know, you can say, even it's not a perfect situation,
(21:35):
even though the crime is down in DC, you know,
but the crime is going down. Local governments are supposed
to govern themselves locally, you know, like they're supposed to
govern them They're supposed to control their own cities, and
especially when crime is going down, it looks like they
got the handle on things. So you don't need to
come in and send a National Guard occupation of these
(21:57):
American cities for a supposed to crime emergency when the
crime is literally going down. So you know, it really
is a completely BS situation there that is really just
meant to drive up fear. It's meant to drive up,
you know, just anxiety of the for for immigrants, for
(22:18):
any sort of any sort of person who could fear
getting on the wrong side of the situation is meant
to most most importantly, make conservatives and Trump happy by
making the lives of their liberal enemies in these big
blue cities as poor and as miserable as possible. So
this is a pretty important point there to highlight, and
(22:40):
Pritsker he wasn't done. He kept going here was stay close.
Speaker 7 (22:43):
Finally to the Trump administration officials who are complicit in
this scheme, To the public servants who have forsaken their
oath to the Constitution to serve the petty whims of
an arrogant little man. To any federal official who would
come to Chicago and try to incite my people into
violence as a pretext for something darker and more dangerous.
(23:08):
We are watching, and we are taking names. This country
has survived darker periods than the one that we're going
through right now, and eventually the pendulum will swing back,
maybe even next year.
Speaker 1 (23:25):
Donald Trump has already shown.
Speaker 7 (23:26):
Himself to have little regard for the many acolytes that
he has encouraged to commit crimes on his behalf. You
can delay justice for a time, but history shows you
cannot prevent it from finding you eventually. If you hurt
my people, nothing will stop me, not time or political circumstance,
(23:51):
from making sure that you face justice under our constitutional
rule of law.
Speaker 1 (23:56):
I mean, how refreshing is that? And it's really it's
all democrats want. It's somebody who respects them, who loves them,
who wants to represent them, who appreciates their city and
is not afraid to fight for democratic ideas, democratic values
and actually defend the work in the policies that Democrats
are doing. Like you don't have someone like you know,
(24:18):
miroel Bowser who is running with her you know, tail
between your legs, or Kathy Hokel or Eric Adams who
constantly makes these apologies for Chicago, for New York, for
these list It's like, yeah, we have problems, but we're
working to solve them. And the Conservatives are being a
little bit too harsh here, like no JB. Pritzker is
saying you're a criminal, You're a sick little man who
(24:41):
wants to control us, and we're not gonna let you
because we're actually running things well in this city better
in fact, that you're running the whole country. And we
don't have to take lessons from you on shit when
it comes to how we run our city and how
we govern our affairs, because you are not the dictator
of this country. We have local governments, we have this authority,
(25:02):
and we are actually doing a good job with this.
So we're not gonna apologize to you, and we're not
gonna give you this obsequiousness. You know, like all these
people in this this Trump cabinet meeting. We're doing and
we're actually going to stand up for ourselves. And by
the way, let's end on this. This is a really
crazy Trump cabinet meeting where essentially every single cabinet secretary
(25:25):
goes around and launches into effusive praise of him. I
haven't stopped by the Department of Labor, mister President, and
I invite you to see your big, beautiful face a
manner in front of the Department of Labor, because you
are a real labor secretary.
Speaker 8 (25:39):
President of the American worker, along with the American flag
and President Roosevelt.
Speaker 5 (25:44):
Working for this government for you is the greatest owner
of my life. I tell it to everybody, and I
really do feel that a way, and I thank you.
Speaker 2 (25:51):
You have breathed life back into the profession of law enforcement.
Speaker 9 (25:54):
Your respect for law enforcement is so incredible it's making
a difference.
Speaker 3 (25:59):
This is just such a great opportunity, really to recognize
your leadership as a true champion for working people.
Speaker 10 (26:05):
Well, everyone knows there's no stronger advocate from hard working
American families than you as your president.
Speaker 1 (26:11):
Thank you for the opportunity to work for you in
Our country has never been so secure thanks to you.
You have brought us back.
Speaker 8 (26:19):
From the edge.
Speaker 5 (26:19):
And there's only one thing I wish for that that
Noble Committee finally gets its act together and realizes that
you are the single finest candidate since the piece this
Noble award was ever talked about.
Speaker 2 (26:33):
To receive that award.
Speaker 1 (26:35):
It's pretty great to celebrate Labor Day peace, but with
builder who loves labor.
Speaker 8 (26:40):
The great Trump projects have come from. Very many women
were going into this weekend to celebrate.
Speaker 4 (26:45):
Thank you for saving college football. By the way, We're
all very grateful.
Speaker 1 (26:50):
Awesome, You're awesome, and they're just even as he's leaving
the cabinet meeting, they're still giving all this this oral,
this tongue bath here. You know, it really is a
but that we can joke about it, we can laugh
about it, and we can just make fun of the
kind of dictatorial tone that uh or the just authoritarian
(27:12):
tone that Trump is taking. And you know, so many
of his cabinet officials are now kind of taking to
get in his good books and the egotistical way in
which he's want to run in the country. But as
we saw in Chicago, as we saw in DC, it
has real consequences if he feels like he can get
away with and do whatever he wants. He's not gonna
be able to stop anytime soon. In this cabinet meeting,
(27:33):
in the Chicago situation, they are two parts of the
same broader theme, which means unre really and unrestrained Trump
completely in bolden Trump, with all this support, all this
tongue bath glazing here from his cabinet, is going to
feel more power to exercise more control over his enemies,
(27:54):
both within the country and without. So a very disturbing
situation to keep an eye on. Indeed, Israel is drawing
widespread condemnation for a really brutal crime, a strike on
Gaza's Noster Hospital that killed a lot of obviously hospital workers,
rescue workers, and journalists that were sheltering there. That was
(28:15):
followed seventeen minutes later by another strike that killed yet
even more medical workers and journalists that came to the
scene to report on and retrieve the bodies from the
original strike in the hospital. This is how it looked
on This is on Palestine TV where they were talking
(28:35):
about the rescue workers, as you can see here, were
inside the rubble of the hospital trying to retrieve the
body of one of the journalists from Palestine TV, Hassam
al Masri, who had just been killed in the strike.
And then you can take a listen to what happens.
You can see here you rescue workers, they're trying to
get the bodies out, including some on Maastri, and then
(29:01):
in a brutal, criminal, just depraved move, Israel strikes the
hospital again and kills all the rescue workers that had
come in a second time. It's just it could not
be more statistic. It's a double tap strike that is
just truly, truly indefensible. They said they were targeting that
(29:22):
part of the hospital because there was a Hamas camera
that was set up there. But the really ridiculous part
is that Almasri was the one who operated a camera there,
I believe for yeah, he operated a live video feed
for Reuters from National Hospital, which even the New York
Times backed up was the site of the Israeli strike.
(29:47):
And of course Reuters is being completely spineless. They're just
reporting these Israeli claims about, oh, it was Hamas camera
like it's an absolute fact, but that even the New
York Times has backed up it was their own journalis
who was killed in that strike. For operating the camera
that was filming the actions of the Israeli state. Ryan
(30:08):
Grimm of drop site News Posts compare this honest and
impressive reporting from NYT's Eric Toler and others with the
headline the New York Times puts on this article absolute
night and day. The journalists find the IDF flat out lied,
and the editors then write a headline that pretends the
IDF claim is serious. It includes their slanders claim that
killed that six of those killed were militants, which is
(30:30):
completely messed up. And you could see the tweet from
Eric Toller when he's posting the story even though the
headline is completely different. Here, let's go back to the headline.
It says Israel says it attacked cause the hospital to
destroy cameron placed by Hamas. It said the attack killed
six militants. And then the guy who posts the story
says Israel justified it strike on the Nasal hospital which
killed six journalists and more than a dozen others by
(30:52):
claiming a Hamas camera was set up there. The location
they attacked is where the ap and ruiter's live stream from.
You know, all the all the trails that worked on it.
So it's where that guy who worked for Reuters, and
then even by the way report this the bare minimum
of reporting, the New York Times did the guy that
worked for Routers set up a live stream so the
(31:12):
world could see what was happening, and he was killed
for it. And that goes back to as we talked
about the last time when on a socialif was killed.
What Israeli officials have said in the past is they
come armed with their cameras. For them, the camera, which
shows the truth of their crimes to the world is
just as much a threat, if not more of a threat,
(31:34):
than any Hamas militant, and it needs to be eliminated.
So that was that was the play from the Israeli government.
They started out by saying, oh, you know, this is
just a tragic mishap where the Prime Minister's offices, Oh,
we're very sorry about everything that happened here, but it's
never the ideaf's attention to target civilians. All that blah
blah blah blah blah. And then they say, oh, it
(31:57):
was a Hamas camera that again treated seriously by the
editors of the New York Times, even though their own
reporters say the truth, which is what it was an
international live stream camera that was used by Reuters and
the Associated Press. But again, what I really find outrageous
is that Reuters didn't even come to support their own
journalist who was killed in this strike setting up a
(32:19):
camera from them if you look at some of their
own headlines. But it's it's truly just statistic. It really
is some statistic stuff. Let's think a look at just
some of these journalists that were killed in the strike
and remember them for a minute. We talked about some
Amazri again was operating this feed at the time and
was killed in the original strike where you saw those
(32:41):
rescue workers in that video trying to retrieve his and
other's body before they too were killed in the second
Israeli a strike. Here is another one who was killed,
Ahmed Abu Aziz. He was known among his colleagues for
his quiet demeanor, humiliity and kindness. He did writing and
filming for a number of or outlets or organizations and
was well respected in Gaza's media community, including for Middle
(33:03):
East I could Feed an Independent Commission for Human Rights.
Another one was Mariam Abu Daka. She has a thirty
three year old Palatunian journalist and mother of a thirteen
year old boy named Gaith Geith. Ghith had a fear
for a guide safety during the war, Mariam sent him
to live with his father in the UAE. She was
a freelance photographer working with several international agencies, including the
(33:26):
AP and contributed to Independent Arabia. She was well known
among her calleingues for a dedication and relentless drive to
document the suffering of the Palestinian people. She's stood on
the front lines among the journalists covering the war at
National Hospital in communists even under repeated Israeli assaults on Gaza,
and this was this most recent one that was killed,
and this was even in Communist so it's really showing
(33:48):
of how the Israeli reoccupation, the annexation that is now underway,
it storting Godza city, is going to very quickly move
to the south as well. Mohammed Sala was another one
of those killed. He was a cameraman for Al Jazeira.
He lost his mother in childhood and lived with his
father and relatives, and he got engaged this past November
(34:09):
on his birthday to a fellow journalist, Halasford, hoping to
hold up a wedding once there was a truce or
a ceasefire. And this this really goes to show you,
you know, whis abutaha. He was a policy and freelance
video journalists, one of the younger generation of photojournalists who
documented the devastation of Gaza until his life was cut short.
Among his colleagues, he was deep in, deep, deeply shaken
(34:32):
by the killing of his fellow ALTA zero journalists. I'll
show you two weeks earlier wedding on Facebook. By God,
our strength is gone. And this really indicates to me
just it's it's another one of these demonstrations of which
should be obvious to so many people, but it is
completely lost in Western society. Is just that the incredible,
(34:53):
incalculable loss of humanity that's just been wiped out on
every level, Like you know, these people who were planning
to get engaged, planning to start families, raise kids, live
happy lives. Many of these journalists who have been absolutely
incredible and super brave and just the only reason why
we know what's going on in this genocide right now.
(35:13):
Many of them they did nothing to do like the
lifestyle content they did, sports content. They were never even
really involved in anything to do with politics before October
seventh took place and threaten their entire way of life
and the genocide. Genocide began. And just because again, just
like they Israeli's upset in the past, just because they
(35:35):
bothered to film the crimes that the Israelis were committing,
they have been systematically taken off the map for it.
I want to go to this here. This is many
A San interviewing a former Israeli ambassador, and it really
provides an insight into the way these people think about
this stuff. And you can really see hear how he
is portraying, you know, and you can see how the
(35:57):
equivalency here and also you'll now that you know about
you'll see it in a lot of other Israeli kind
of official communication, the equivalency between cameras and journalists telling
the truth and hamas terrorism and terrorists.
Speaker 11 (36:11):
On Monday, Israel struck the NASA hospital not once, but twice,
killing at least twenty people, including five journalists, multiple first
responders who had rushed to the scene Danny after the
first strike to pull people out of the rubble, and
then they were hit and three of those journalists were
killed in a second strike, a double tap, the kind
of thing that al Qaider and Isis in Iraq used
to do, what Assad has done in Syria, what Putin
(36:33):
has done in Ukraine. Those are war crimes. Are they
not attacking a hospital without warning, killing journalists, killing first
responders in multiple strikes, and then saying it was a mistake.
Speaker 1 (36:44):
No, it was deliberate, cold blooded.
Speaker 8 (36:47):
Well, Maddie, here, I think we do agree on the
facts of the ground. Why do we agree because it
is investigated specifically, and this was something that you know
we do not do, so we are not acting.
Speaker 1 (37:02):
Hold on you did it? Holdold on.
Speaker 11 (37:04):
You can't say we do not do you did it?
Speaker 1 (37:06):
Israel did it?
Speaker 8 (37:06):
No, I'll tell you. I'll tell you what's the difference.
The difference is that's put In hamas as. They never
apologized for any of this. Here, Natanyao himself the ideas
they said it was a mistake and we apologize. He
apologized to investigate and correct the things and.
Speaker 11 (37:29):
Different Why do it in the first place, It wasn't
an accident. You did a double tap strike on a hospital.
An apology is not enough when you do a war
crime like that.
Speaker 8 (37:38):
No, Well, from what I understand is that there was
a position. You see, that's part of the problem, you know,
when hamask is embedded, when Hamas is using their own population,
their civil population, as human shields when they could.
Speaker 1 (37:50):
So again, they're not unapologizing here. There even this guy
who's trying to act like, oh, we apologize, we are
not like the Russians, Like he is not apologizing. This
is a clear non place saying they were Hamas. He
is even that one little slip of constilliatory behaviors. Oh
it is our bad, you know, we apologize, which is
(38:12):
insane to say. When you double tap a hospital, as
many a sign point correctly points out. He holds that
up for all about twenty seconds before he's like, oh, yeah,
those people they're Hamas, so they should have been.
Speaker 8 (38:22):
Killed, whether it's a surveillance or guns on top of
masts and hospital.
Speaker 11 (38:28):
There were no guns on top of the NASA hospital.
As you know, that's a lie, Danny Island, there were
no guns on top of the NASA hospital.
Speaker 8 (38:35):
Maybe just that's a lie.
Speaker 11 (38:36):
Just we just clarifying that is a lie. There were
no guns on top of the NASA hospital.
Speaker 8 (38:40):
Listen, you know that according to the Geneva convention. Yeah,
if a hospital or any other civilian place is used
for terror, it's a legitimate target.
Speaker 1 (38:51):
So you did attack it deliberate?
Speaker 11 (38:52):
It was which hold on, is it an accident or
did you attack it Deliberatey, you're telling me two different
things at the same time.
Speaker 8 (38:58):
It was okay, it was attack it deliberately because the
soldiers on the ground saw that there was a surveillance
camera there there.
Speaker 1 (39:07):
Yes, so we get the whole, the whole, Uh, the whole.
The farcical thing about oh, it's an accident and that
didn't mean to is dropped within minutes because that is
who these this that is who these people are, and
this is what they're trying to do. At the end
of the day. Any sort of truth, any sort of
exposure their crimes, any sort of effort by the Palacing
(39:27):
people to document what was happening to them, must be
snuffed out at all costs, and whatever gift to say
to get that message across. You say it, and you know,
at least to a certain point, it'll get full backing
by the international media and it's a complete lie. New
York Times back that backed that up as a complete lie.
(39:47):
It was an international feed that was broadcasting video from
the start of October seventh onwards to the world about
things going on in Gaza. But that made no difference
and no Israeli soldier in any way will be punished
for this horrific, horrific crowd. Democratic leadership at their annual
summer meeting rejected a proposal from their own members to
(40:10):
call for an arms embargo on Israel. Here is how
that sounded of the report from CBS News.
Speaker 12 (40:18):
Members of the Democratic National Committee clashed over how the
party should address the ongoing warren Gaza during their annual
summer meeting today, Democrats blocked a resolution calling for an
arms embargo in suspension of military aid to Israel. As
a result, d NC chairman Ken Martin withdrew a different measure,
calling for a cease fire and the free flow of
aid into Gaza.
Speaker 3 (40:38):
We need to keep working through this.
Speaker 5 (40:40):
We have to find a path forward as a party
and we have to stay unified.
Speaker 12 (40:47):
Hunter woodall is.
Speaker 1 (40:48):
And I mean, you get the sense there just from
that little clip of how things have been going. I mean,
it was another real rejected opportunity by the Democratic Party
to show that they were serious and show where they
get where the base actually is. Because there's been a
lot talk, you know in mainstream media about all this
is going to inhibit the unity of the Democratic Party. Well,
the thing is, and if we really look at it,
(41:10):
you know, the people just eight percent of Democratic voters
approve of Israel's actions. The Democratic Party base is unified,
and they are unified in one hundred percent support or
nearly one hundred percent support if you look at the
polls of an arms of argo towards Israel and an
absolute rejection of everything that Israel is doing in Gaza.
(41:30):
So this is you know, essentially what they did is
they rejected a grassroots proposal to call for an arms
of argo and then Ken Martin, just to be safe,
comes in over the top. Ken Martin, there is the
DNC chair that you just saw talking, comes over the
top with a resolution that essentially repeats what was in
the platform that Kamala Harris ran on in twenty twenty four,
which essentially calls for AC's fire and free flow of aid,
(41:53):
which by the way, the Democrats didn't do either when
they're in office. And you know, Kamala Harris lost the
election on that platform. So it is it's maybe not
the best idea to just regurgitate what one of the
most losing candidates in recent Democratic Party history said about
one of the most salient issues for the Democratic Party base.
And this is what this is what they just don't get.
(42:13):
This is going to be an issue that will continue
to bite them in the ass as long as they
don't recognize how severe it is and how pissed off
people really are about this about the situation. So here
is a essentially a great description of it from prem
to car of Ziteo Media. He says, the DNC had
(42:35):
two Gaza resolutions, a status quo run and a stronger run,
Arms of bag, arms of bargo, suspend military aid, recognized Palestine.
That's what it called for. Proponents even offered an amended version,
offensive arms, which is the j Street kind of work
around BS version that we talked about in the AOC
segment a couple of weeks back, where she said, oh,
(42:56):
it's fine if you just give this general style state
defensive weapons to protect itself as a convinced genocide. We
just just stopping him the offensive ones, whatever that means.
So even that even the offensive proposal wasn't enough for
the n C they voted down the former and against
voted for the former and against the ladder, and now
(43:16):
they're withdrawing to open a task force. They're they're as
you can see there in the middle of your screen
from David Weigel's watching or Semaphore reporter who was on
the scene. You know, Martin Returns, DNC chair Returns announced
us that he will withdraw the previously passed Gaza resolution,
the one that activists thought didn't go far enough, and
appointed task force to work through the Gaza issue. And
(43:38):
how much more Democratic Party could you possibly pee? You know,
this eighty ninety eight, ninety to eight issue in terms
of approval was a disapproval of israelction in Gaza, where
it's it's it's complicated. We're gonna have to have a
task force to work through it and figure it out.
So this yere is the statement from Brian Romick, who's
(43:59):
the president CEO the Democratic Authority for Israel. They the
Israel Lobbie was watching this very closely today. Let's take
a look at what he had to say today. The
Democratic Party sent a clear and resounding message by the
defeating the reckless and devisive revolution. We stand with the
people of Israel and will continue to do so. For
more than seventy five years of the US Israel relationship
has been strong because it's grounded and shared values in
(44:20):
mutual security interests. And again this is what this is
the person who the Democratic Party is choosing to side
with as opposed to the legions of committed Democratic Party
voters who are absolutely disgusted with what Israel is doing.
They're siding with someone who wants you to believe that
the United States and Israel have shared values, which apparently
(44:41):
are the values of supporting genocide. That's what the line
the Democratic Party goes with. Those are the people who
are pushing that message. Those are the people who the
Democratic Party wants to support. And then they want your vote,
they want your acceptance, they want your endorsement, they want
you to fall in line when it comes to future elections.
And if you look at all the pulls, a lot
of the base is still absolutely disgusted with their party
(45:03):
and all the stuff of that Hamas Mas Moss and
then in this critical moment, Democrats stood firm rejected this
dangerous effort and sentim message that they continue to remain
united in Israel security and our long standing alliance. And
the thing is they just do not get it. I mean,
you look at this stuff here. This is another interview
that really made the rems. The Democratic Party from the
(45:25):
top down, Ken Martin, leaders in the DNC, top Democratic
elective officials from the top down just do not see
Palestinian suffering and palastini lives as worthy of attention and
are really just surprised that their own voters, who believe
in this stuff of you know, human rights and quality
for all, are actually a little bit worked up about
(45:46):
the way that this genocide is going and they're like,
you're not supposed to care about Palestinians, Like what are
you even doing? And you could see this here. This
was a Isaac Chottner interview with the former president's support
for Israel a bettered humanitarian cat. This is Jacob lu
who's the US Ambassador to Israel under Joe Biden. Donald
(46:07):
Bump Joe Biden. And this this clip from that interview
in The New Yorker with Isaac Chattner interviewing the Israelian
or US Ambassador Israel went really viral because of this
clip and specifically where he says the general pattern was
in that in the moment stories were inaccurate, and the
Israeli military and government establishment were not in a position
to fully explain. Yet we could almost never get answers
(46:29):
that explain what happened before the story is fully framed
in the international media and the facts were fully developed,
he says, which is interesting in and of itself. But
the part that went viral is it turns out that
the casualties, the casualties were much much lower, the number
of civilians were much lower, and in many cases the
children were children of a mass fighters, not children taking
cover in places. This is what This is what Jack
(46:52):
lou the US ambassador to Israel under Joe Biden, is
how how he is explaining away the cat in this war,
just saying, oh, they were all children of Hamas fighters.
There are Hama's children, And then Shatner, understanding me, goes, sorry,
what did you say? In many cases the original number
of casualties, No, I meant to think about who the
children were. There were often children of the fighters themselves.
(47:14):
And therefore what follows from that, What follows is whether
or not it was a legitimate military target flows from
the population that's there. Hold on, missus secretary. That's not
in fact correct right. Whether it's legitimate target has all
has to do with all kinds of things like proportionality.
It doesn't matter if the kids are kids of If
you're in a command and control centers with the ambassador talking,
(47:34):
that's different than if you're in a school that's emptied
out and into cent civilians are taking shelter there. If
you're the commander of Hamas unit and you bring your
family into a military site, that's different. I'm not saying
everything fits into that, and I'm not saying it's not
a tragedy. So she's saying that the children. This is
the Biden administration ambassador saying that the children killed by
(47:56):
Israel were justified because they were hiding in Hamask command
and control centers. I mean, you cannot get more despicable
than that. And you can see that kind of mindset.
It permeates throughout the Democratic Party and people are noticing,
people are disgusted by this stuff. I mean, it's it's
(48:16):
really is. It's just beyond the bail, it's beyond comparison.
And here's Charlemagne the God talking about Hakim Jeffries Learly
the Democratic Party, I mean, this is somebody who Democrats
always go on and beg for his vote, his attention
and his approval on the on the Breakfast Club. He's
one of the most popular hosts in kind of hip
hop media and there's a huge, mostly black audience. And
(48:40):
this is what he had to say about Hikim Jeffries.
Speaker 10 (48:42):
I love having the speaker, minority speaker, King Jeffries, because
you know, I'm a political nerd, like I love talking.
Speaker 9 (48:49):
Charlemagne hates him, you do. I don't hate him. I
just don't think he stands for anything. Well that he's
I call him apex.
Speaker 10 (48:58):
We did talk about messaging and I actually went to
the Capitol and had a meeting with him and we
talked about mestering and how I was like, the frustration
with the party is y'all have to get more gangster like,
stop going by the politics of the late two thousands,
you know, in twenty ten, and you have to like
rise to vacation and the mestering.
Speaker 9 (49:14):
And he did. I saw him do more afterwards. I
came as a puppet. I came to not doing anything.
If shuck Shuman, don't tell him to do it, and
as simple as that. But I did I was very.
Speaker 1 (49:23):
Happy a pax shakur apax is there is what the
probably notable quote there from Charlo Ma and the God,
and that is just the general consensus. It's just that
these leaders are not going to stand up to Trump,
They're not going to do anything for us because they're
too busy sitting on their hands and then only rising
to support Israel and the genocidal stuff that everyone is
seeing them do on a daily basis. And you can
(49:45):
see it permeates from the top down these people who
don't get how serious this is because they're not They're
used to thinking of Palestinians as just the terrorists that
have to be killed because they're just generally in supportive
of Israel and are trained throughout their professional lives to
be in support of Israel. And then you know, their
base is like, what the hell. You have no principles,
(50:06):
you have no backbone, you don't even stand up for anything,
and you support, you know, genocide of children and killing
of children. You know, so why should I vote for
you or support you? And this is sinking through and
we're going to continue tracking here our news flash, but
this reckoning is not going away. And Democrats would be
wise to wake up to it. There really needs to
(50:27):
be changed on Gaza and on that note, we will
end it there for today. Once again, all of the
clips from today's show will be available on YouTube and
the YouTube channel Spencer and Walshall. Go check that out
for a fun visual to the show, and we'll see
you later this week.
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