Jimmy Kimmel is BACK and You Can Blame Trump for It!

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Jimmy Kimmel was on the ropes—until Trump’s FCC handed him a lifeline. In this episode:

• Why free speech means letting clowns like Kimmel bury themselves
• How the FCC’s “public interest” standard has always been abused
• Ayn Rand’s 1962 warning about bureaucrats deciding what Americans should hear
• Why meddling in media only backfires, fueling the very voices you want silenced

The left didn’t rescue Kimmel—the Trump administration did. A colossal unforced error.

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans, author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Kimmel returns, Yeah, I want to bet. I don't gamble,
but it was a gentleman's bet, gentleman's bet, and I
took the under. I took the under. And when Jimmy
Kimmel would be back on air, and you know, some
peoples be, oh, it's going to be some time, No way,
I'm like, no, no, He'll be back lickety split. Why

(00:41):
do I bring this up. I don't watch Jimmy Kimmel's program.
We did cover this last week on the program, and
exactly what we pretty much told you happened. Jimmy Kimmel
will well, he's basically the story has become him. I

(01:04):
watched the news. I mean, that's all anybody's talking about.
Are you seeing many videos out there. I'm sure you
got a little bit from the Charlie Kirk memorial service
this past weekend, but not the points that Charlie made
on various different campuses around the country that, you know,

(01:27):
debating people all of that stuff which could be out
and about. No, it's all about Kimmel, It's all about Disney,
it's all about Bob Eiger, It's all about celebrities upset
about what happened to Jimmy Kimmel. We told you, We
told you. This was a colossal, colossal own goal, self

(01:48):
inflicted wound by the Trump administration. Brendan Carr screwed up royally, royally.
Jimmy Kimmel would have he would have censored himself, not
censored wrong word. He would have canceled himself simply by

(02:12):
his words. You didn't have to do a thing. He
actually had few centers and ran Paul at Ted Cruz,
Dave McCormick actually going after car using his position to
steer editorial decisions of private companies. And again it's a

(02:32):
serious breach of free speech principles nineteen sixty two. This
is from Reason today. This is what happens when the
various different acronym agencies out there they talk about, you know,

(02:53):
their duty to promote the public interest on television. I
want to be a think about that for a second.
This is again, it's part of the problem. What is
public interest? One one could argue. One could argue, let's say,
after September eleventh, two thousand and one, it would be

(03:15):
in the public interests according to some government official, that
we would stifle any sort of dissent when it came
to the actions of the government and what they wanted
to do, whether you know, be bomb Afghanistan from the
Stone Age to the Stone Age, or you know, eventually

(03:37):
let's just go blow up the Middle East. Right, that's
you know against up to the FCC. The FCC is
under what branch government, the executive branch of government. So
in essence, the FCC, the public interest aligns with the

(03:58):
party that is in power or as far as the
executive branch of government is concerned. That's a problem. That's
a big problem. And this is something that libertarians have
been warning some time broad interpretations of various different dictats

(04:21):
from acronym agencies or even Congress themselves. Nineteen sixty two,
I Ran penned a warning about the public interest standard,
which then FCC chair Newton Minnow was citing as justification
for pressuring television companies to create more educational programming. Now

(04:44):
famously railed against the supposedly vast wasteland of shoddy television shows,
and claimed that the FCC's charter empowered him to push
for editorial changes to the medium that would align with
his view of the public interest. Again, his view, his
view using this same exact standard to say, Joe Biden's

(05:10):
president or Kamala Harris, whoever it may be, and it's
their view that the public interests would serve in pushing
a green agenda. Anyway, Rand states, you must provide a
wider range of choices, more diversity. I'm sorry, excuse me,
I'm wrong. Some mino said you must provide a wider

(05:30):
range of choices, more diversity, more alternatives. It's not enough
to cater to the nation's whims. You must also serve
the nation's needs. And I repeatedly claim that he was
not in favor of government censorship, and he was not
trying to tell broadcasters what they could and could not say. Rather,
he charged them to make nebulous and ill defined improvements

(05:51):
to the product that he believed would be better appreciated
by the American public. The public interest. Again, you want
to go run a network, go run a frickin network.
That's not your job. At the f CC. Rand's essay
Have Gun Will Nudge, was published in the Objectivist Newsletter,

(06:16):
makes clear her disdain not just for abject censorship, but
also for reality in which the FCC chair makes vague
statements regarding the actions that private actors should or should
not take. It is true, as mister Minnow assures us
that he does not propose to establish censorship, what he

(06:37):
proposes is much worse censorship, she writes. In its old fashion,
meeting is a government edict that forbids the discussion of
some specific subjects or ideas, such for instance, as sex, religion,
or criticism of government officials, and edict enforced by the

(06:58):
government's scrutiny of all forms of communication prior to their
public release. But for stifling the freedom of men's minds.
The modern method is much more potent. It rests on
the power of non objective law. It neither forbids nor
permits anything. It never defines or specifies. It merely delivers

(07:21):
men's lives, fortunes, careers, ambitions into the arbitrary power of
a bureaucrat who can reward or punish at whim. It
spares the bureaucrat the troublesome necessity of committing himself to
rigid rules, and it places upon the victims the burden
of discovering how to please him or her with a fluid,

(07:43):
unknowable as their only guide. Again, the column goes on,
but she's not wrong, it's not wrong, And sure enough,
where are we at today again? I don't know one
of the networks. I guess Sinclair. They're they're affiliates. They're

(08:08):
saying they're not gonna run. Jimmy Kimmel, make no bones
about it. His youtubes will be blowing up. His youtubes
will be blowing up. I think I said it last
week on the program. If someone is burying themselves with

(08:31):
utter stupidity and lies, why would you step in and
stop them? Just asking? Watch Talk on Wall Street dot
Com