With Bernie Sanders firmly in control of the Democratic nomination, Michael Bloomberg vows to fight on, while Trump s intelligence community reportedly warns him that Russia wants him re-elected, and President Trump reviews movies. Ben Shapiro explains why Bernie Sanders is a crazy socialist who threatens the free market structures of the U.S. economy and wants to nationalize every aspect of American life. And why the media should have asked Bernie Sanders a simple question a long time ago: What's your deal with Cuba and Venezuela, and why does he think they should be your first choice for president? Ben Shapiro: Bernie Sanders Is a Crazy Socialist Who Threatens To Nationalize Every Area Of American Life, And How Will He Be The Democratic Nominee In 2020? This show is sponsored by ExpressVPN. Stop putting your online data at risk. Get protected at ExpressVpn.com/ProtectYourData and get protected against online data theft at Parcast Secure Your Online Data Protections. Parcast Protect Your Data Protect Your Online Privacy: How Can I Protect My Personal Data Protect My Privacy? Subscribe to my new show, The Ben Shapiro Show? Learn more about my new book, The Dark Side of Politics? out now! I'm a writer, editor, podcaster, and podcaster. I'll be giving you access to all of the latest breaking news and breaking down everything you need to know about politics, economics, business, finance, and everything else going on in Washington, D.C. and business, wherever you get your chance to know it. Subscribe, tweet me and much more! if you're looking for the inside scoop on what's going down in the world of politics, tweet on what s going to happen next week on the next episode of the Ben Shapiro show? on the most important thing you're going to like it, tweet me on the or your most influential piece of news and stuff like that's going to go down next week, on my insta- on , tweet me! on that s gonna be the most powerful guy in the most authentic thing I'm watching on the podcast? , and more. on it, right there, right here! , right there on the rest of it, I'll tweet me at , or not that s the most influential thing you should listen to it! and so on, right away!
00:00:00.000With Bernie Sanders firmly in control of the Democratic race, Michael Bloomberg vows to fight on, Trump's intelligence community reportedly warns him that Russia wants him re-elected, and President Trump reviews movies.
00:00:12.000This show is sponsored by ExpressVPN Systems.
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00:00:25.000So, everybody is now beginning to realize that Bernie Sanders is going to be the nominee.
00:00:28.000And the media are freaking out about it.
00:00:30.000Which is why maybe they should have spent like five seconds asking him, I don't know, sometime over the past 80 years about his viewpoints.
00:01:03.000And so now, you're gonna get him as the nominee, guys.
00:01:06.000You, you bought this ticket and you're taking this ride.
00:01:09.000The media are freaking out over it because they're beginning to realize that Bernie Sanders is a uniquely vulnerable candidate.
00:01:14.000Now the question for Bernie Sanders in the upcoming Trump versus Sanders deathmatch, cage match, the big question for Bernie Sanders is going to be whether Bernie Sanders performs like generic Democrat or whether he performs not like generic Democrat.
00:01:28.000So in the last election cycle, this is an open question, really is not answerable until we actually get to the election.
00:01:32.000In the last election cycle, one of the great lies about the last election cycle is that Donald Trump wildly outperformed other Republican presidential candidates.
00:01:41.000He performed basically the same as Mitt Romney.
00:01:43.000He actually won fewer absolute votes in Wisconsin than Mitt Romney did.
00:01:46.000It's just no one showed up to vote for Hillary Clinton.
00:01:48.000The going theory is that Donald Trump, because he was so out of the box, because he said so many crazy things, because of the grabbing the p-word tape, because of all of that, that he would significantly underperform other Republican candidates for president.
00:02:00.000Instead, he performed pretty much directly in line with Bush circa 2000, circa 2004, Mitt Romney circa 2012.
00:02:08.000The only candidate who wildly underperformed was John McCain, and that was because Barack Obama wildly overperformed.
00:02:13.000But, in terms of both absolute vote count and in terms of percentage in particular states, he performed within like a point or two of Mitt Romney in virtually every state did Donald Trump.
00:02:23.000People were asking why, and the answer is because so much of the Trump vote and so much of the Romney vote was an anti-left vote.
00:02:29.000And so, there was this very solid core of Republicans who were going to, and Independents, who were going to vote against the Democrats no matter what, and Donald Trump didn't change that.
00:02:37.000In fact, 2016 ended up not being a referendum on Donald Trump and his personality quirks and foibles and all of his personality flaws.
00:02:44.000Instead, it ended up being a referendum on Hillary Clinton.
00:02:46.000A bunch of Independents didn't show up to vote for her, a bunch of Democrats didn't show up to vote for her, so Trump Who appeared to be really out of the box, ends up performing exactly like generic Republican, and Hillary Clinton ends up underperforming generic Democrat, or at least underperforming Barack Obama, right?
00:03:01.000Because the reality is that that election looks a lot like the election of 2004.
00:03:04.000It looks a lot like, in terms of just the straight numbers, looks a lot like the election of 2004.
00:03:09.000It doesn't look like 08, looks a little more like 12, and it looks a lot like 2004, 2016.
00:03:17.000Bernie Sanders is a socialist who threatens the free market structures of the United States, who has suggested direct intervention by the federal government into every area of American life.
00:03:27.000He has suggested national rent control, which would destroy the real estate market.
00:03:31.000He has suggested a Green New Deal that would essentially nationalize huge swaths of the energy sector.
00:03:37.000He has suggested procedures that would ultimately involve nationalizing banks.
00:03:41.000He actually wants to communalize or municipalize or nationalize banks.
00:03:45.000He wants the post office to become a lender, a first resort.
00:03:49.000Bernie Sanders wants the federal government to be first and foremost in your life.
00:03:53.000He wants probably the majority of the American economy run, owned, or at least Heavily, heavily supervised by the American government.
00:04:05.000Also, on foreign policy, Bernie Sanders is anti-American.
00:04:07.000What I mean is that he actually believes that America is a nefarious force in the world, that minimizing America's capacity to project force around the world would not only be in the interest of Americans, but presumably in the interest of his socialist brethren around the world, and that we would be less offensive if we were treated inside our own borders, and if we gave the lead to countries like Russia and China and allowed them to do basically whatever they want.
00:04:28.000I mean, he literally tweeted out the other day, That America's military budget is too large.
00:04:32.000What if we used all of that to redistribute peace around the world, basically?
00:04:35.000What if we used all of that money for social safety programs?
00:04:38.000I mean, he's campaigning on the basis of the song Imagine.
00:04:41.000So, is he going to perform like generic Democrat, like Hillary Clinton, or is he going to underperform Hillary Clinton?
00:04:47.000Now, I would bet that he's going to underperform Hillary Clinton.
00:04:49.000The reason is that Hillary Clinton performed very solidly with suburban women.
00:05:06.000Mitt Romney did pretty well with suburban white women particularly.
00:05:10.000Married white women, living in the suburbs, he did real well, and he didn't do quite as well among rural voters.
00:05:15.000Trump did great among rural voters, and he lost a lot of the suburbs.
00:05:19.000And in 2018, that came back to bite him because a lot of the rural folks showed up, but every suburban voter showed up, every urban voter showed up, and the Democrats swamped the Republicans in congressional elections across the country.
00:05:47.000Remember, George W. Bush in 2004 won the so-called security moms, people who were concerned about their security and the security of their children.
00:06:57.000So the question of Bernie Sanders wildly overperforming Hillary Clinton, I don't think that there's any shot of that.
00:07:03.000Does he wildly underperform Hillary Clinton?
00:07:05.000Well, I think he does worse among women.
00:07:07.000And particularly among suburban women.
00:07:08.000I think that he does probably better among young voters, but they don't show up to vote as much and he does way worse among voters over the age of 65.
00:07:16.000He's not comforting voters over the age of 65 who show up in droves.
00:07:20.000Those voters remember when communism was the bad guy.
00:07:24.000Like Bernie Sanders is the guy who watches Air Force One and roots for the Russian revolutionaries.
00:07:28.000Bernie Sanders is the guy who watched Red Dawn and he wondered why those juvenile delinquents are up in the woods shooting all the good guys.
00:07:36.000So why exactly would anybody over the age of 50 who remembers the Soviet Union, why would they vote for Bernie Sanders?
00:07:41.000So the going theory among all of these sort of political wonks is that Bernie will wildly underperform.
00:07:47.000It's possible that Bernie performs exactly like Hillary, that we are so polarized as a country that you can put anybody, you can put a bag of flaming dog crap at the top of the Democratic ticket and they will perform exactly like Hillary Clinton.
00:07:57.000That there is no such thing as underperforming Hillary.
00:08:05.000And members of the media are beginning to realize that.
00:08:06.000I'll show you that in just one second.
00:08:08.000First, let's talk about how you can save time and how you can save money.
00:08:11.000So, if you run a small business, if you send a lot of mail, if you're somebody who has to use the post office a lot, you know, it's kind of a pain in the butt to take all those packages, put them in the back of your car, schlep them over to the post office.
00:08:21.000Even if you have people who do that for you, you have to pay them in order to do that.
00:10:36.000Man, there's a big Jewish population, an older Jewish population, that looks at Bernie Sanders, and contrary to public opinion, and popular opinion, they don't look at Bernie Sanders and say, oh look, a fellow old Jew.
00:10:46.000Instead they look at Bernie Sanders and see a guy who campaigns with Linda Sarsour, a guy who campaigns with Ilhan Omar and Rashida Tlaib, and he's a threat to the state of Israel, they're not gonna love Bernie Sanders either.
00:10:54.000So Bernie basically is giving up Florida.
00:10:56.000Okay, which means that the other battleground states that Trump won, Those states that were apparently supremely close in favor of Donald Trump, none of those I see moving back into the Democratic aisle, right?
00:11:07.000I don't see Ohio moving back Democratic.
00:11:09.000In fact, it's gotten redder since President Trump won that state.
00:11:14.000You could theoretically see Arizona realigning, but I don't see how Arizona really realigns under Sanders, considering how extreme he is on immigration.
00:11:22.000Remember, even Kyrsten Sinema, who is the very kind of at heart left senator from Arizona, she has campaigned to the right.
00:11:52.000So, there are not a lot of Republican states that are up for grabs, other than Pennsylvania, Michigan, and Wisconsin, in the last election cycle.
00:11:59.000And right now, obviously, if you look at Wisconsin, Trump's running away with Wisconsin.
00:12:04.000So, heavy odds on Trump to be re-elected if Bernie Sanders is the nominee.
00:12:09.000Beyond that, you have New Hampshire, which Bernie tends to outperform in because it's neighboring to his state of Vermont.
00:12:17.000But, New Hampshire, Hillary only won that by 0.37% of the vote.
00:12:22.000Bernie could alienate- there are a lot of New Hampshireites who are not big into heavy taxation.
00:12:27.000That's why they're living in New Hampshire and not Massachusetts.
00:12:29.000And so that state could easily flip for Trump.
00:12:31.000Minnesota could easily flip for Trump.
00:12:33.000Nevada could certainly flip for Trump.
00:12:36.000I mean, I don't think Bernie has wild popularity in Nevada, particularly since he's threatening to take away all of the health care plans for union members, even while he lies about it.
00:12:44.000You could see Colorado fairly easily shift in favor of President Trump because Colorado is a purple state, it is not an overtly blue state.
00:12:51.000Virginia could shift for Trump, especially as a backlash to the Democratic Assembly in Virginia, which has been pushing further and further left.
00:13:00.000New Mexico, which was not particularly close, could shift for Trump.
00:13:04.000So you could theoretically see a situation in which the vast majority of states go for President Trump.
00:13:10.000You could see Trump pick up an additional 1, 2, 3, 4, 5, 6, maybe up to 7 additional states.
00:13:34.000Here's a quick mashup of members of the media absolutely in a state of sheer panic over the fact that Bernie Sanders is likely to be the nominee.
00:13:40.000The truth is Bernie Sanders is on its trajectory to be the Democratic nominee.
00:13:43.000To me, I just don't see him having any shot in a general election, and I'm panicked.
00:14:16.000So, they're beginning to realize this is a mistake.
00:14:17.000Meanwhile, the Democratic upper echelon, they're desperately praying that somebody will provide a rival to Bernie, which is why Bloomberg is still on that stage.
00:14:25.000In just one second, we're going to get to the possibility of an open convention.
00:14:27.000Right now, over at 538, if you look at their estimates of what they think is going to happen, right now, they say that the number one possibility At 2 in 5 possibility, no majority for any candidate going into the Democratic Convention, which means an open convention.
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00:16:06.000Okay, so as I say, 538 right now suggests that the most likely scenario in the Democratic primaries is that nobody emerges with a majority of the delegates.
00:16:15.000I think that Sanders probably ends up winning a majority of delegates, but The Democratic Party is desperately, desperately hoping that that's what happens.
00:16:23.000Right now, 538 is estimating that Bloomberg could win up to...
00:16:30.000Biden could still win up to a thousand delegates, which is why I think that their estimates are way off, unless Biden shows very strong in Nevada tomorrow.
00:16:37.000The Nevada caucuses are tomorrow, but this is why you're starting to see this move inside the Democratic Party, trying to hold off Sanders, even if he has a plurality of the delegates.
00:16:46.000So you'll remember, back at that bleep show debate the other night, every Democrat on stage was asked, should the delegate leader in the clubhouse be the person who gets the nomination, even if they don't win a majority?
00:16:56.000And every single person on the stage said no.
00:16:58.000Every single person on the stage said we have to let the process play out.
00:17:00.000What they mean by that is open convention.
00:17:02.000I get to barter my delegates for a position in your cabinet.
00:17:05.000Three of us get to side together and make you the president, or the presidential nominee, Harry Reid, who's the former Senate Majority Leader.
00:17:13.000He says that Bernie Sanders should need more than a plurality to win the Democratic nomination.
00:17:17.000He came out yesterday and dismissed suggestions from Sanders and his supporters that he should become the nominee if he finishes with a plurality lead ahead of the candidates, but short of the 1,991 delegates needed to secure the nomination outright, according to the Washington Post.
00:17:30.000Reid says, here's how I feel about this.
00:17:31.000I don't think anybody, Bernie Sanders or anyone else, should simply get the nomination because they have 30% of the delegates and no one else has that many.
00:17:41.000I think we have to let the system work its way out.
00:17:44.000Right now, that is the likeliest possible scenario.
00:17:45.000That is a scenario that is geared for disaster for the Democrats.
00:17:49.000If the Democrats deny Bernie the nomination on the basis that he doesn't have a majority of delegates but he has a plurality of delegates, they risk the ire of the Bernie bros simply walking out.
00:17:58.000Because remember, Bernie started as a not a member of the Democratic Party, and he probably has no problem with leaving the Democratic Party over this, again.
00:18:05.000But this is the reason why Michael Bloomberg is pouring money into this race.
00:18:09.000He feels like if he denies a shot to Bernie, right, if he denies it, then maybe, just maybe, his pledges of cash, I mean, it's always worked for him before, right?
00:18:17.000Bloomberg has always been able to basically bribe everybody around him in New York City to shut the hell up.
00:18:21.000So, Bloomberg's plan is, I don't win as many delegates as Bernie.
00:18:26.000He doesn't want a majority of delegates.
00:18:27.000I don't have as many delegates, but I do have this giant bag of cash right here.
00:18:32.000I'm the person who is most likely to beat Donald Trump, probably.
00:18:35.000I'm not giving up a lot of the states.
00:18:36.000Like, Bloomberg would be competitive in Florida in a way that Bernie Sanders would not, for example.
00:18:41.000So you can see Bloomberg going to the upper echelon of the Democratic Party and saying, okay, you might lose the Bernie bros, but the vast majority of them are going to vote Democrat anyway.
00:18:48.000Bernie's coalition is not all that strong.
00:19:03.000In the last election cycle, the Trump campaign spent about a billion dollars.
00:19:07.000Bloomberg could drop $5 billion into this race personally, personally, and not even dent his personal fortune in a serious way.
00:19:14.000So he could go to the Democratic Party and say, listen, you know, you may think that you're going to piss off the Bernie bros and the Bernie supporters.
00:19:33.000I will go to the party in Oklahoma, and I will say to the party in Oklahoma, which has never been competitive, here is a hundred million dollars.
00:19:40.000That's what Bloomberg is hoping for, which is why Bloomberg is staying in this campaign.
00:19:45.000And Bloomberg is sounding the alarm, right?
00:19:47.000The campaign manager, Bloomberg's campaign manager came out yesterday.
00:19:49.000He said there may not be much campaign after Super Tuesday, right?
00:19:53.000So Biden better get the hell out because if Biden is still in and he splits the vote with Bloomberg and Bernie just runs right down that left flank, right?
00:19:59.000If he takes the inside rail and wins all those primaries, it's over.
00:20:03.000What they are saying basically is, just deny Bernie the nomination, just deny him the nomination, and Michael Bloomberg will sweep in with this giant bag of cash, and then he will make things right with the world.
00:20:13.000Here was Bloomberg's campaign manager suggesting that basically Biden needs to get the hell out right now.
00:20:19.000I think Mike is clearly firmly in second place in March states.
00:20:25.000It also shows Bernie Sanders growing that lead over Mike and everyone else in the field.
00:20:29.000And there is a real possibility because California is so big and so early in the schedule this year that Bernie racks up a lead in that state on Super Tuesday that quite frankly is just uncatchable.
00:20:40.000Um, and so, uh, I think this, you know, listen, I think we may know a lot about this campaign very early.
00:20:46.000It may be that there's not much of a campaign in March after that date, uh, but we're certainly fighting as hard as we can to make sure that there is.
00:20:52.000Yeah, I mean, that, that is them putting up the smoke signal to the Democratic Party.
00:21:19.000And Mongo, from Blazing Saddles, punching the horse.
00:21:21.000Well, she continues to punch the horse.
00:21:22.000She's out there today saying that she used to teach contract law, and she's offering to release women from their NDAs by texting an NDA release to Michael Bloomberg to release them from their NDAs because she punched Bloomberg over all of this.
00:21:34.000I mean, she's so terrible, Elizabeth Warren, and she's desperately trying to get back.
00:22:48.000We're gonna get to more of this and we're gonna get to President Trump himself and his own foibles.
00:22:53.000And as I've said, if Bernie Sanders is the nominee, Trump does not have room to make a mistake.
00:22:58.000Because if Trump loses to Bernie Sanders, that is on no one, no one but President Trump.
00:23:02.000Everything else is baked into the cake.
00:23:03.000Okay, we'll get to that in just one second.
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00:24:08.000That is K-E-E-P-S dot com slash ben, keeps.com slash ben, and receive Okay, so, with all of this said, with Michael Bloomberg vowing to fight on, and with Michael Bloomberg having botched that debate, and with Michael Bloomberg's momentum apparently blunted, and Elizabeth Warren sitting there just wailing away at him for no apparent reason, the onus is now on President Trump to beat Bernie Sanders.
00:25:03.000As I pointed out the other day, after Bloomberg went after Bernie and his Lakeside Dasha, after that happened, I said, if you think that was bad when Bloomberg went after Bernie, wait until Donald Trump makes a little model of the Lakeside Dacha and starts bringing it around to his campaign rallies.
00:25:20.000Wait until he actually does a campaign in front of that Lakeside Dacha in Vermont on Lake Champlain.
00:25:27.000Wait until Donald Trump goes to that Dacha and pries up a piece of the floorboard and then physically beats Bernie Sanders on stage with it.
00:25:34.000Like, Donald Trump may do any or all of these things, That is Donald Trump's specialty.
00:25:39.000He's got a lot to work with with Bernie Sanders.
00:25:42.000He's got ads he can work with in Pennsylvania.
00:25:44.000Right now he's trailing Bernie in Pennsylvania according to the latest polling.
00:25:48.000Not a single ad has been put out in Pennsylvania about the fact that Bernie Sanders wants to ban fracking, which is responsible for tens if not hundreds of thousands of jobs in the state of Pennsylvania.
00:25:57.000I mean, nothing has been done in the state of Pennsylvania about the fact that Pittsburgh, you know what the number one industry in Pittsburgh is?
00:26:02.000The number one industry in Pittsburgh is the healthcare industry.
00:26:04.000If you nationalize the healthcare industry, you know what happens to a lot of those jobs?
00:26:12.000It's amazing to me how whenever people talk about job loss, and they talk about trade, you know what would create an awful lot of job loss?
00:26:17.000The millions of people working in healthcare and health insurance would be out of work if nationalization of the industry were to happen.
00:26:24.000Those jobs don't automatically get transferred over to the government gang.
00:26:29.000It moved from a steel-working town into a healthcare-centric town, filled with hospitals and medical centers.
00:26:34.000What do you think happens when Bernie nationalizes the healthcare system?
00:26:37.000When he goes full NHS, which by the way is the second step to Medicare for All.
00:26:41.000Medicare for All starts with low reimbursement rates, then when hospitals can no longer perform, the hospitals end up nationalized and the doctors end up working directly for the government.
00:26:49.000That is the way that that ends up working.
00:26:50.000So, What do you think Trump is going to do with all that in Pennsylvania?
00:26:54.000The answer is an awful lot, an awful lot.
00:26:56.000What do you think Trump is going to do about the fact that Bernie Sanders, in the state of Michigan, stands against the capacity of auto companies to build autos that the American people like?
00:27:08.000Remember, Bernie basically wants to shut down the fossil fuel industry.
00:27:11.000But what do you think makes the economy of Michigan go?
00:27:47.000He ran for president once, and he became president.
00:27:49.000He obviously has the capacity to do smart things, so why would we not want him to do those things all the time, especially when the alternative... People said it was a Flight 93 election against Hillary Clinton, and I argued, it's not really a Flight 93 election.
00:28:01.000Like, it's bad, but it isn't a Flight... It's not like the plane... America's plane is going down either way, so charge the cockpit.
00:28:07.000With Bernie, it's a Flight 93 election, right?
00:28:10.000You have now radicalized half the population into almost full-scale communism.
00:28:14.000This is a Flight 93 election, so Trump has to go for broke.
00:28:17.000And not only does he have to go for broke, he has to run a strong campaign because it's on him.
00:28:21.000If you get a candidate as weak as Bernie, as unpopular as Bernie's policies are, The American people do not want an octogenarian socialist who has pledged to destroy the American economy and our foreign policy standing as President of the United States.
00:28:39.000So on the economy, the news today is that the treasury yields are absolutely collapsing, which suggests that people are very wary about the economic future.
00:28:48.000The way that this works is that the demand for a treasury bond and the yield of that treasury bond work in inverse proportions.
00:28:54.000So the more demand there is for a treasury bond, the more the yield drops.
00:28:58.000So when the yield drops dramatically, that means that people are investing a lot of money into bonds.
00:29:03.000And that's what's been happening in the 10-year treasury note yield.
00:29:06.000The 10-year, this is according to marketwatch.com, the 10-year treasury note yield was down three basis points to 1.495, the lowest since last September.
00:29:19.000The 30-year bond yield slipped 4.2% basis points to 1.930 percentage points, falling well below its previous all-time low of 1.95%.
00:29:28.000According to MarketWatch.com, global equity benchmarks and U.S.
00:29:33.000stock futures fell Friday as the growing number of cases of the coronavirus outside China, especially in South Korea, raised fears that the damage to supply chains could hit several major Asian economies, which are linchpins for industries like semiconductors and automobiles.
00:29:45.000So people are banking on the fact that coronavirus may be destroying supply chains.
00:29:58.000It's one of the reasons why you saw, I believe it was Wilbur Ross, the Commerce Secretary, suggesting that in the future people are going to start investing in American factories because, I mean, do you really want to invest in a country where every five years there's a SARS or a MERS or a coronavirus outbreak?
00:30:11.000And we're going to get to more of the economic news, which is a little scary for the Trump candidacy and for the global economy, which is Even more important.
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00:31:33.000Well, today it's Tiffany LaRue on Twitter, who knows the secret to conquering the never-ending work of family life.
00:31:38.000In this picture, Tiffany's magnificent beverage vessel is resting in her cart across from her equally magnificent infant.
00:31:44.000The caption reads, Sweet leftist tears in my baby sweet face are getting me through the long and arduous task of grocery shopping for my family of ten.
00:32:36.000Well, members get our articles ad-free, access to all of our live broadcast and show library, the full three hours of The Ben Shapiro Show, selected bonus content, access to the mailbag, and more.
00:32:46.000Plus, our new all-access tier gets you an exclusive live online Q&A discussions with me, Andrew Klavan, Matt Walsh, Michael Molls, plus Daily Wire writers and special guests.
00:32:55.000And don't forget, you also get the greatest of all beverage vessels, the leftist tier somewhere.
00:32:59.000You know, I didn't drink it enough this week.
00:33:49.000As the growing number of cases of the coronavirus outside China, especially in South Korea, raised fears that the damage to supply chains could hit several major Asian economies, which are linchpins for industries like semiconductors and automobiles.
00:34:01.000Investors say it's unclear when workers will be able to return to factory floors.
00:34:05.000Some forecasters suggest car manufacturing and other industries may not return to usual production activity until March.
00:34:10.000The bearish investor sentiment in risk assets helped boost demand for haven bonds, which have seen sharp inflows all week.
00:34:16.000Long-term treasury yields are on the verge or have already broken through key levels that investors say could presage further yield declines.
00:34:22.000Worries about a Chinese and Asian economic slowdown spilling over into the United States have also lifted traders' expectations for interest rate cuts later in the year, despite speeches by senior Fed Reserve officials suggesting no further easing was imminent.
00:34:34.000So it's possible that you get a little more inflation in order to jog things.
00:35:03.000I mean, the president is not corrupt, right, as far as I can tell.
00:35:06.000I know that the left has been shouting about emoluments and all of this and President Trump abusing the power of his office in order to accomplish certain private goals.
00:35:16.000I mean, I think the president is vindictive and thin-skinned.
00:35:19.000I think that the president has a weird notion that the presidency of the United States is sort of like a talk radio call line, and that he should use his Twitter account in order to yell at members of his administration.
00:35:29.000But every time that the president is told by his advisors to back off, he generally does.
00:35:33.000It's very rare the president overrules his advisors, and then just goes and does something anyway.
00:35:38.000When people inside his administration are like, Mr. President, why don't you not deploy Rudy Giuliani to Ukraine to go root around in 2016-related material, and Trump's like, I don't care, I like Rudy, do it.
00:35:50.000He's had this one bugaboo, and it's been in his ear, this bug in his ear, like an earworm, it's been there since 2016.
00:35:56.000And that is, President Trump believes he has been unfairly denied credit for his stunning victory in 2016 because the media have continued to focus in on the interference of Russia in the election.
00:36:06.000He's been saying this for four years at this point.
00:36:09.000That, you guys keep focusing on Russia, Russia this and Russia that.
00:36:13.000And you keep saying that Russia interfered at my behest and all of this stuff.
00:36:24.000Third, Russia did try to interfere with the election through WikiLeaks and distribution of information.
00:36:30.000Four, the extent of that interference online, particularly on Facebook, has been wildly exaggerated by the media and by the Senate Democrats, who suggest that Facebook was just papered with Russian propaganda that shifted the election.
00:36:41.000There's very little evidence that is the case.
00:36:43.000As I've talked about before, the actual statistics on Russian Facebook posts, and their reach is astonishingly minimal.
00:36:50.000They are so unsuccessful on Facebook, it makes... As one of the companies that is most successful on Facebook, I can tell you, the numbers that were being put out for Russia's reach were, like, ridiculous.
00:37:00.000Like, I have more reach on my personal Facebook page in one month than the entire Russian government had in all of 2016, in terms of its sort of interference, or at least its sort of attention, how many people were paying attention to it on Facebook.
00:37:13.000But, All these things can be simultaneously true.
00:37:16.000Russia tried to interfere on behalf of Trump because they didn't like Hillary Clinton and they were angry at Hillary Clinton.
00:37:21.000Russia was aiming for chaos, which they achieved.
00:37:23.000The Democrats have maximized that to suggest that Trump didn't legitimately win and that this has got under Trump's skin.
00:37:28.000And that's the last one that is a problem.
00:37:30.000The reason the last one is a problem is because when something is under Trump's skin, he allows himself to make stupid decisions.
00:37:36.000And this is why he was talking to Roger Stone, and this is why he is now talking about pardoning Roger Stone, which makes it look to the general public as though Roger Stone was trying to funnel him information about WikiLeaks, and then lying in order to cover for President Trump, and then went to jail, and then Trump pardoned him.
00:37:51.000Right, so this is why it's really stupid for Trump to talk about exonerating Roger Stone and getting involved in the Roger Stone case.
00:37:57.000President Trump is the head of the Justice Department.
00:37:59.000William Barr, the Attorney General, just recommended a sentence from the Justice Department.
00:38:03.000Now, the case itself, the controversy over the sentencing, was very stupid, because the prosecutors apparently didn't run their sentence recommendation up the flagpole.
00:38:11.000In major cases, you go to the AG and the AG's office, and you say, we'd like to recommend this sentence, and then the AG's office, presumably, Suggests, okay, that sentence is good, or that sentence is bad.
00:38:26.000But, at no point did AG Barr suggest that the case was illegitimate.
00:38:30.000At no point did William Barr say, this case is wrong.
00:38:34.000So that means that the AG's office approved the case.
00:38:37.000But Trump is ripping on the case, right?
00:38:38.000Trump is like, Roger Stone should be exonerated.
00:38:40.000Now, again, there are problems with the case, namely that the chief juror in the case, the jury foreman, was somebody who hated Roger Stone, apparently, who hated President Trump.
00:38:48.000It's a good case for a new trial with a better jury.
00:38:51.000It is not a case that Roger Stone was, in fact, innocent of the charges that were being thrown at him, namely lying to Congress and trying to threaten another witness, Randy Credico, and try to push Randy Credico to suggest that he was, in fact, the go-between to WikiLeaks, whereas Roger Stone was trying to act as a go-between to WikiLeaks.
00:39:06.000In any case, Trump should not get involved in any of this, right?
00:39:09.000Trump should say, let justice take its course.
00:39:10.000I wasn't involved in this, which he wasn't, right?
00:39:12.000By all available evidence, Roger Stone would call up Trump and be like, you know what WikiLeaks is doing?
00:39:23.000But what the media would like it to be is Trump saying to Roger Stone, go tell WikiLeaks X, Y and Z. And there's no evidence that ever happened.
00:39:29.000So, you know, Trump has always, honestly, I find this so bizarre.
00:39:32.000Trump has pretty much always been willing to let his subordinates burn.
00:39:37.000But apparently with Roger Stone, he is not doing that at this point because Roger Stone has shown loyalty to him.
00:39:41.000In any case, here was Trump yesterday suggesting that he would love to see Roger Stone exonerated.
00:39:45.000This is a dumb political move because if you don't believe this turns into a Bernie Sanders campaign ad, an anti-corruption Bernie Sanders campaign ad, then you are likely wrong.
00:39:53.000Here is President Trump talking about Roger Stone.
00:41:18.000Again, many things can be true at once.
00:41:20.000One, of course Russia is going to try to interfere in 2020.
00:41:24.000They successfully threw America into chaos in 2016 by the mere fact of their interference.
00:41:28.000Two, are they interfering on behalf of Trump or are they putting out signals that they're interfering on behalf of Trump specifically in order to give the media a rationale to attack Trump and to give Democrats a rationale for leaking that out there just to get under Trump's skin further and to gin up more chaos, right?
00:41:42.000If Russia came out and said, we're interfering on behalf of the Democrats, then Trump would be like, Okay, well we better crack down on this stuff now, now, now.
00:41:49.000But instead, if they say we're interfering on behalf of Trump, Trump will try to downplay it, because that's what he did in 2016.
00:41:54.000And then the Democrats will suggest that he's in cahoots with the Russians again, which of course is exactly what they are doing.
00:42:00.000The day after the February 13th briefing to lawmakers, Trump berated Joseph Maguire, the outgoing DNI, for allowing it to take place, people familiar with the exchange said.
00:42:08.000Trump cited the presence in the briefing of Representative Adam Schiff, Democrat of California, who led the impeachment proceedings against him as a particular irritant.
00:42:14.000During the briefing to the House Intelligence Committee, Trump's allies challenged the conclusions, arguing that Trump had been tough on Russia and strengthened European security.
00:42:21.000Some intelligence officials viewed the briefing as a tactical error, saying that the official who delivered the conclusion spoke less pointedly or left it out.
00:42:28.000They would have avoided angering the Republicans.
00:42:33.000As an aide to McGuire, has a reputation of delivering intelligence in somewhat blunt terms.
00:42:37.000The president announced Wednesday he was replacing McGuire with Richard Grinnell, the ambassador to Germany and an aggressively vocal Trump supporter.
00:42:44.000Some current and former officials speculated the briefing may have played a role in McGuire's removal.
00:42:49.000Two administration officials said that the timing was coincidental.
00:42:52.000Grinnell had been in discussions with the administration about taking on a new role.
00:42:55.000So this is being set up right now as another Trump fires the messenger in order to replace him with somebody who's going to suppress Russian interference in the election, right?
00:43:06.000The Democratic narrative is going to be that President Trump is firing his outgoing DNI in order to cover up the fact that Russia is interfering on his behalf in the 2020 election and replacing him with a hack like Rich Grenell, right?
00:43:19.000That is what the narrative is going to be.
00:43:20.000And watch as the media build this out over the course of the next week.
00:43:23.000What should President Trump do about that?
00:43:24.000He should just acknowledge the obvious.
00:43:26.000Of course Russia is attempting to manipulate our election.
00:43:29.000We are going to use all of our law enforcement resources available to prevent Russia from interfering in the 2020 election.
00:43:35.000We accept what our intelligence officials say and we are going to stand and we are going to stop all of this.
00:44:35.000This is the narrative they were unspooling even throughout the Ukraine investigation was if we don't impeach him now, he's going to cheat in the upcoming election.
00:44:41.000Now you can see them building the narrative over the next two weeks.
00:44:44.000This is going to be the going narrative for the next two weeks.
00:46:13.000They put out there a tweet reporting as fact that Trump solicited Julian Assange to say that WikiLeaks was not a Russian tool and that Russia had not interfered in 2016 and that he would offer him a pardon in return.
00:46:23.000As it turns out, it was just Dana Rohrabacher going into freelancing.
00:46:25.000So Dana Rohrabacher, who's long been quite friendly with the Russian government, The former California congressman.
00:46:32.000He confirmed in a new interview that during a three-hour meeting at the Ecuadorian embassy in August of 2017, he told Julian Assange he would get President Trump to give him a pardon if he turned over information proving the Russians had not been the source of internal DNC emails published by Wikileaks.
00:46:47.000Rohrabacher is a conspiracy theorist, apparently, who believes that Seth Rich was murdered by the DNC in order to cover up their own internal problems and all of this kind of stuff.
00:46:58.000So, Rohrabacher is basically freelancing, offering Assange things.
00:47:46.000So I'm not going to go as far as saying that Trump wouldn't love to see it, but I will say that Trump doesn't need it and he'd be a fool to signal to the American public that either he needs it or that he would accept it in the aftermath of all the hubbub about 2016.
00:47:57.000And so the reason I say this again, Is because Trump is gonna run against a very beatable Democrat.
00:48:02.000If he does not win re-election, that is basically going to be on President Trump.
00:48:05.000Okay, time for some things I like, and then some things that I hate.
00:48:34.000I could do a whole segment, maybe I will at some point, on why I think that Parasite was so wildly overrated and why I think that Parasite won.
00:48:41.000The answer, basically, is because it is another one of these class warfare metaphors that the Academy seems to love.
00:48:50.000It's kind of a ridiculous metaphor, but as long as it's a Marxist metaphor for materialism and how materialism corrupts people's brains and all this, then the Academy loves it.
00:48:58.000In any case, Parasite was not the best movie of the year.
00:49:01.000In fact, I don't think it was one of the five best movies of the year, but it's not a bad movie.
00:50:04.000The man is doing comedy at his campaign rallies.
00:50:07.000Again, none of that's a problem for him, right?
00:50:08.000The reason I put that in things I like is because the part of President Trump that is charming, the loggeria that is charming, is when he's doing stuff like this.
00:50:31.000He did an excellent job with the direction.
00:50:33.000And it stars Benicio Del Toro, who is sufficiently creepy, as well as Paul Dano, who's been really underutilized by Hollywood.
00:50:40.000He's great in There Will Be Blood, and then he's very good in this as well.
00:50:44.000Patricia Arquette is in it as well, and she plays one of the worst characters in screen history.
00:50:48.000I mean, she's really quite evil in this, but she's stupid evil.
00:50:52.000In any case, here is a little bit of the trailer for Escape at Dannemore, which is the story of two inmates at the Clinton Correctional Facility in upstate New York who broke out and, of course, then proceeded to be on the lam for almost a month.
00:51:50.000What's the the episode of the series that is the most important is there's an episode of the series very late in the series in Which you learn what these guys did what their crimes actually weren't it completely changes the dynamic of the series It's quite good.
00:52:04.000It's definitely rated R. You can go check that out escape at Danimora It's good stuff and and worth the watch okay time for a quick thing that I hate Remember Representative Katie Hill who was schtuping her subordinates?
00:52:19.000Remember how she was schtuping her subordinates and then she was breaking up with her subordinates and she was living in a thruple with her husband and with one of her female subordinates?
00:52:27.000Well now, she's being trotted out as a victim.
00:52:45.000Not because she is bisexual, because whatever.
00:52:48.000Because she was stripping her subordinates.
00:52:50.000I mean, imagine that they're a Republican congressperson, a male, and he had Basically used a subordinate in his own congressional office for a thruple with his wife.
00:53:00.000That person would be out of Congress in half a heartbeat, right?
00:53:10.000So George Stephanopoulos has her on Good Morning America and tries to rehabilitate her by suggesting that the reason that she was ousted from Congress is because people are biphobic.
00:53:28.000Anyway, here's Katie Hill suggesting that the reason that she was forced to leave Congress is not because she's an irresponsible heretic who mistreats her subordinates.
00:53:37.000It really is because she's bisexual, which no one cared about when she was elected because she was openly bisexual then.
00:54:17.000Actually, if you'd had an affair with a male staffer, and he had been in your employ at the time, and then you had apparently mistreated him, that would be a very, very large story as well.
00:54:26.000It is worth noting, by the way, that the senator from Arizona, Kyrsten Sinema, is openly bisexual, and no one cares.
00:54:39.000But the attempt by George Stephanopoulos to paint this as another example of American bigotry, I find it so tiresome that the media have to constantly be in search of examples of American bigotry.
00:54:49.000Everything turns into an example of America's intolerance.
00:54:52.000If only we were more European in our attitudes about sex, well, that would solve all of our problems.
00:54:57.000If only we were more laissez-faire in our... I feel like, as a country, we are fairly laissez-faire in our attitudes toward sex.
00:55:13.000We have a president right now who's been married three times and was caught schtipping porn stars and then paying them off for their silence.
00:55:18.000And everybody was kind of like, okay, whatever, man.
00:55:20.000And again, we have a Senator who's bisexual, and no one cares about that.
00:55:24.000We've had House people, House members and Senators.
00:55:30.000There's certainly been House members who are gay.
00:55:31.000I believe there's been a couple of gay Senators.
00:55:32.000And then we have also the first openly gay Ambassador, Rick Grinnell, who's about to become the first openly gay Cabinet official, and no one cares about that.
00:55:42.000So can we be spared the, like, when you do something deeply wrong because you're a member of a protected minority group?
00:55:47.000It must be because of the bigotry, not because you did anything wrong.
00:55:50.000So when Maxine Waters is routinely corrupt, that's not because she's black.
00:55:54.000When people point that out, it's because she's deeply corrupt.
00:55:56.000There are lots of black people in Congress who are not deeply corrupt.
00:55:59.000When we criticized Barack Obama as president, it wasn't because he was black, it's because he was a bad president.
00:56:04.000When we criticize Katie Hill, it's because she was mistreating her staff in a way that any other candidate would be forced to step down.
00:56:10.000Any other congressperson would be forced to step down.
00:56:14.000But the attempt by George Stephanopoulos to try and pin Katie Hill's downfall not on Katie Hill, but on evil Republicans who are secretly staring at the pictures of her and her paramours revealed on red state.