On today's show, Ben Shapiro is joined by his good friend Jeremy Boring, who was in attendance at the Podcast Movement conference in Dallas, Texas. Jeremy and Ben talk about what it's like to be a guest at a conference sponsored by a major financial institution, and why it's a good idea to have a booth at one of those events. Ben also talks about the "free speech" movement and why the left should be excluded from all of the major institutions of American life. The Daily Wire is the 6th biggest podcast network on Planet Earth, and it's one of the most influential media outlets in the world. Subscribe to Daily Wire to get immediate access to all the latest breaking news and analysis from The Ben Shapiro Show wherever you get your news and information. Protect your online privacy today at ExpressVPN. Protect Your Online Privacy today at ProtectYourData.Vpn.com/TheBenShapiroShow Ben Shapiro's show is sponsored by ExpressVPN, the leading VPN company in the space. Get $5 off your first month with discount code: PGPUNGOLD at checkout. Use coupon "PodcastMovement" at checkout to receive $5 OFF your first purchase when you enter the discount code "PODCASTMEXICO" and receive 5% off your total bill, plus an additional $5 when you become a patron when you sign up for a complimentary membership offer from a third-party provider. You get 5% discount when you place an offer from PODCAST! Learn more about your ad-free version of the show Podcoin, Podcoin. using the Podcoin? and Podcoin Connect! Subscribe, rate, and get 5 stars and get 20% off the first month, and receive an ad discount when they become a member of Podcoin Subscribe for the show becomes available for a maximum of 5 stars, and a FREE trial when you shop using the offer of $50 or review it starts in July, starting at $99.99. They also get an ad-only offer! Get 5 stars when you review and review for 5 stars? Subscribe and review starts on Audible, they also get 5/5/3/7/4/27/9/review, they get a discount of $99/month, and 5/19/4_4/ VIP access starts at $49/month and get a FREE VIP membership offer, and they get 7/4 VIP access to VIP access.
00:00:18.000The Ben Shapiro Show is sponsored by ExpressVPN.
00:00:26.000Protect your online privacy today at expressvpn.com slash ben.
00:00:29.000We'll get to all the news in just one moment.
00:00:31.000First, you may have noticed that the people who are in charge of the economy don't know what they are doing.
00:00:36.000Like, Jerome Powell doesn't know what he is doing.
00:00:37.000Joe Biden clearly doesn't know what he is doing.
00:00:39.000Now would be an excellent time for you to diversify at least a little bit into an asset that has never been worth zero.
00:00:44.000I'm talking, of course, about precious metals.
00:00:47.000During the 2007 recession, Washington Mutual, Lehman Brothers, Chrysler, a lot of blue chip stocks went down to zero overnight.
00:00:52.000That has never happened with gold and it will never happen with gold because throughout history, gold has always been your best hedge against inflation and economic uncertainty.
00:00:59.000Smart Americans diversify to protect themselves from downturns in the market due to global instability or the falling dollar or bad government action.
00:01:06.000It's not too late for you to take action right now.
00:01:07.000Birchgold Group helps you hold gold and silver in a tax-sheltered retirement account.
00:01:11.000In fact, if you have a 401k or IRA that's underperforming, just text BEN to 989898.
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00:01:31.000Right now again, text BEN to 989898 to get started.
00:01:36.000Well, there's been a widespread feeling among people on the right in the United States that they're being excluded from all of the major institutions of American life.
00:01:44.000That if people allow them to be part of big events, for example, if people allow them part of a marketplace, that is just because they're doing it at their own sufferance.
00:01:53.000The basic idea here is that you are so bad that you could maybe, maybe be allowed to participate in a sort of common space.
00:02:00.000But in reality, under the surface, people don't want you to be part of that common space.
00:02:08.000We want you to be part of the common space.
00:02:10.000We may not like your opinions, we may disagree with you, but the reality is that we want you to be part of this big, broad conversation.
00:02:16.000And that has been the pitch of the so-called free speech left for a very long time.
00:02:21.000And the left is now dividing itself between liberals, people who believe in that concept, and the hardcore radical left, which is increasingly taking over institution after institution and then saying that people who disagree with us must be excluded entirely from those institutions.
00:02:35.000As you may know, this right here is the biggest political podcast in America, which means on planet Earth, this political podcast.
00:02:43.000We have millions of people who engage with the show every single day.
00:02:46.000And our podcast network at Daily Wire is the sixth biggest podcast network on planet Earth.
00:02:50.000And so when we decided that we were going to take a booth at a conference that, frankly, I'd never heard of called Podcast Movement, This was sort of a sign that we were just going to be part of the community of nations, so to speak.
00:03:02.000We're part of the podcasting community.
00:03:04.000We're reaching out to advertisers, reaching out to other podcasting networks, trying to find maybe new employees.
00:03:09.000It's just like any other professional conference.
00:03:11.000So we spent a little bit of money, got a podcast booth.
00:03:20.000It's been growing every year because the podcasting industry has been growing every single year.
00:03:24.000Well, I got a call from my business partner, Jeremy Boring, a few days ago, and he said, do you mind flying into Dallas for an event that is not really attached to podcast movement?
00:04:03.000So I want to begin this story by showing you exactly what it was like when I was walking around podcast movement.
00:04:09.000Because in order for you to understand the reaction from the left to my mere physical presence in this space, you have to understand just how intimidating I am.
00:04:17.000According to the left, I'm one of the most intimidating people on planet Earth.
00:05:26.000So I literally walked around the floor, I shook some hands, and I walked out.
00:05:31.000This prompted podcast movement to issue a full-scale groveling apology for my presence The reason being, there was a trans person who was in a 300-yard radius of where I was standing.
00:05:43.000And this person tweeted at Podcast Movement with their 150 followers and said, quote, as a trans person, as a queer person, as someone with a uterus, this does not make me feel welcome.
00:06:43.000They cost a fraction of what you would pay in traditional stores.
00:06:45.000They're designed to be flexible and adaptable.
00:06:47.000All Form Sofas grow with the way you live.
00:06:49.000The All Form Sofa collection has got everything from armchairs and loveseats to an eight-seat sectional so you can find the perfect piece for any space.
00:06:54.000Plus, All Form Sofas are shipped directly to your door and can be assembled in just a few minutes.
00:09:12.000Those of you who called this unacceptable are right.
00:09:15.000In nine wonderful years growing and celebrating this medium, PM has made mistakes.
00:09:19.000The pain caused by this one will always stick with us forever on their deathbeds.
00:09:24.000The founders of PM are going to be thinking back about the pain that this caused to people who were literally just standing there in a general radius of my extraordinarily dangerous visage.
00:09:40.000I was noting to Fabby, our makeup artist, this morning.
00:09:43.000I'm not sure, in modern American political history, there's ever been a larger gap between the sort of rhetoric that is used about the dangers that I posed and the human being about whom this is spoken.
00:10:19.000We promise that sponsors will be more carefully considered moving forward, says podcast movement.
00:10:24.000They tweeted this out yesterday at 6.33am.
00:10:26.000Just to clarify, No daily wear representatives were scheduled to appear on panels and Shapiro remained in the common space and did not have a badge.
00:10:33.000If you have questions, we're here to talk.
00:10:43.000We need to make sure my mere presence.
00:10:44.000OK, so I just want to point out right here.
00:10:47.000That those of us who believe that men exist and women exist, we are accused because we believe that men exist and women exist and that people who claim to be members of the opposite sex are not in fact members of the opposite sex.
00:10:57.000Because we say that, we are accused of things like erasure.
00:11:00.000You're saying that trans people don't exist.
00:11:03.000No, I'm saying people with gender dysphoria do exist.
00:11:06.000People with gender identity disorder do exist.
00:11:09.000I'm saying you are not a member of the opposite sex.
00:11:12.000If you want to talk about quote-unquote erasure, if you want to talk about the idea of denying people's right to exist, how about this person exists in a space, he needs to go away because his very presence threatens me.
00:11:25.000I'm not sure I've ever heard the questioning of someone's existence more clearly and obviously than that.
00:11:40.000We're the only ones who earn the ire of podcast movements to the extent that they put out a four-tweet thread explaining how objectively sorry they are for my physical being.
00:11:49.000Well, I'm not going to apologize for being a human who breathes oxygen in a space.
00:12:27.000Because I know that on this show, I've said many, many times before, that if you want to know the truth about what is fact and what is opinion in politics, and you're listening to podcasts, what you should do is you should listen to shows like this one, and then you should listen to Pod Save America, which is a crooked podcast, and then what you should do is you should see what is the common basis of fact, the stuff that we're saying that's the same, that's the fact, everything else is the opinion.
00:12:46.000I recommended that you listen to shows on the other side.
00:12:49.000People on the other side of the aisle, for all of their talk about tolerance and diversity and free speech, If they are not willing to stand up and say that conferences should include the most mainstream representative of the podcast right, this show has well in excess of 35 million listeners a month.
00:13:06.000If you are not willing to say that sort of stuff clearly and openly, then why exactly would I trust that you want to be part of the political discourse rather than just to monopolize and dominate?
00:13:32.000I mean, if this is the way you want it, this is the way you want it.
00:13:34.000If you want parallel economies, if you want parallel podcasting universes, if you want parallel advertising, if that's what you want, that is what you're going to get.
00:13:40.000You're going to get it right in the face.
00:13:44.000The left is cruising for a bruising and they are asking for it.
00:13:48.000And when it comes, Listen, we launched Jeremy's Razors on the basis that Harry's Razors pulled their advertising and ripped into our listeners.
00:13:56.000And we made a lot of money off of Jeremy's Razors.
00:14:00.000That company has been in existence for like a few months.
00:14:03.000And that company has almost 100,000 subscribers to it.
00:14:08.000We are willing to do this to all of you.
00:14:09.000Because if you wish to excise us, if you wish to cast us out into the cornfield, we're not all just going away.
00:14:14.000Half the country isn't just going away.
00:14:17.000Our mere presence, threatening you, we're not just leaving.
00:14:20.000We're not just going to surrender the playing field to all of you.
00:15:06.000Couples fight about a lot of things, but your mattress doesn't need to be one of them.
00:15:09.000You can sit down with your partner, go to helixsleep.com slash Ben, take their two-minute sleep quiz and find the perfect mattress for you and your spouse.
00:15:15.000You can try out for a hundred nights risk-free.
00:15:37.000Meanwhile, Joe Biden is out there suggesting that if you're on the other side of the aisle from Joe Biden, this makes you a semi-fascist.
00:15:44.000He is doing this at the exact same time.
00:15:45.000He is cramming down via completely unconstitutional executive authority, a mass student loan bailout directed specifically at his own political allies.
00:15:53.000So yesterday, Joe Biden was back on the campaign trail.
00:15:55.000People on the left are just, they are so excited because Joe Biden's approval rating, according to Gallup, get ready for this, guys.
00:16:21.000The increase in Biden's job approval rating is largely buoyed by political independents, whose approval rose from 31% last month to the current 40%.
00:16:29.000Well, I mean, if independents love him by a margin of they hate him 6 to 4, I don't know what Republicans are going to do.
00:16:35.000It is worth noting here, by the way, that Donald Trump's approval ratings were 44% in October of 2018.
00:16:42.000Within a couple of weeks, the Democrats had won 41 seats in the House.
00:16:45.000So before you guys all get too excited, why don't you take a cold shower with some statistics?
00:16:51.000In any case, the idea here is that Joe Biden is on a run.
00:16:54.000Now, his run, by the way, his very successful run has coincided with him being comatose in Delaware.
00:17:00.000He just went completely off the campaign trail.
00:17:02.000He merges every so often to drop some mashed potatoes from his face hole.
00:17:08.000And then he goes back into hiding in Rehoboth Beach, Delaware.
00:17:10.000He's been basically incommunicado for the last three to four weeks.
00:17:14.000Well, now he's back out there on the campaign trail.
00:17:45.000Which is an amazing statement coming from Captain Unity over here.
00:17:48.000So you are part of a semi-fascist movement.
00:17:51.000One thing that I've noticed about American politicians when they talk about fascism is they don't know what the hell they're talking about.
00:17:55.000When they say fascism, what they typically mean is just to compare their opponents to Hitler.
00:17:58.000They don't actually know anything about the history of fascism.
00:18:00.000They don't know anything about Mussolini.
00:18:01.000They don't know anything about the preconditions to Hitler's rise.
00:18:04.000Well, let me make one thing pretty clear about the rise of Hitler in Germany.
00:18:08.000The precondition to Hitler's rise in Germany It's one economic chaos and two massive expansion of centralized executive authority in Germany.
00:18:17.000The fascist state actually existed in Germany before Hitler.
00:18:20.000Go back and read about 1932 and 1931 and the period immediately preceding the rise of Hitler.
00:18:26.000And what you will see is that virtually all authority had been vested in the executive branch of the German government.
00:18:31.000Which means if we're talking about the future of fascism in the United States, you might be a little more wary of, you know, just doing everything from the executive branch without any sort of executive authority whatsoever.
00:18:40.000But that's exactly what Joe Biden is doing.
00:18:42.000So yesterday, Joe Biden was out hobnobbing with crowds.
00:18:45.000There's video of him doing this, right?
00:18:46.000He's speaking and then he went out and he's shaking hands with the crowd.
00:18:49.000We know that Jill, by the way, came down with a rebound case of COVID-19.
00:18:52.000So here he is, shaking hands with tons of people.
00:19:00.000Now, the reason that I'm pointing out Joe Biden An elderly daughter bumping fists and shaking hands with a large crowd of people in close proximity is that Joe Biden says that his executive authority for relieving $500 billion in student loan debt comes thanks to a COVID emergency.
00:19:19.000So just to get this straight, the COVID emergency is over with regard to the southern border.
00:19:24.000So we have to let in as many illegal immigrants as possible.
00:19:27.000But the COVID emergency is still going so strong that he can use his executive authority to relieve half a trillion dollars in student loan debt.
00:19:37.000Does that sound like democracy in action to you?
00:19:40.000Does that sound constitutional to you?
00:19:44.000Of course not, but it's not about that.
00:19:45.000It's about paying off his political allies with your money.
00:19:49.000And of course, this is going to have some rather dire economic side effects.
00:19:53.000According to the Wall Street Journal, President Biden's decision to cancel up to $20,000 in student debt for millions of borrowers will have broad economic consequences, including on inflation, consumer behavior, and government budgets.
00:20:03.000Assuming the plan survives any potential legal challenges, the move to cancel a lump sum of debt for more than 40 million borrowers and change repayment rules could provide a modest boost to longer-term inflation and lead to larger federal deficits, economists say.
00:20:15.000In the short term, some, such as Obama administration economist Jason Furman, say the debt relief risks, quote, While stream analysts say the near-term impact is likely to be limited because debt relief isn't like other forms of stimulus, individuals won't immediately have more money to spend because almost all borrowers haven't been paying during a government repayment moratorium during the COVID-19 pandemic.
00:20:37.000If all borrowers who are eligible for debt cancellation enroll, student loan balances will be reduced by about $400 billion.
00:20:44.000According to a Goldman Sachs analysis released on Thursday, their economists found student loan payments would fall from 0.4% of personal income to 0.3%.
00:20:51.000Debt cancellation isn't likely to have much of an immediate effect on inflation, they found.
00:20:56.000However, as you cancel debt, obviously this means that it's easier for all of these borrowers to give out new loans in an inflationary economy, in an inflationary educational economy, because you haven't actually capped the price of tuition.
00:21:09.000You're subsidizing predatory lenders and irresponsible borrowers.
00:21:12.000That is what a student loan debt payout looks like.
00:21:16.000And yet this administration, because they are wildly dishonest, they're out there saying that, you know, we have a great record on fiscal responsibility.
00:21:22.000So here is Karine Jean-Pierre, the extraordinarily untalented press secretary, suggesting yesterday that this administration, you should trust them when they simply say that they're going to hand out hundreds of billions of taxpayer dollars to people who didn't pay back their student loans for degrees in art history at the local JUCO.
00:21:42.000You should trust them because they're super fiscally responsible.
00:21:46.000The president's record on fiscal responsibility is second to none.
00:21:50.000And last year alone, you've heard us talk about this because this is incredibly important.
00:21:56.000He achieved $350 billion in deficit reduction, and this year it's projected by the end of the fiscal year to be at $1.7 trillion deficit reduction.
00:22:18.000Okay, now, there's only one problem with the idea that they're fiscally responsible.
00:22:21.000They are wildly fiscally irresponsible, this administration.
00:22:24.000In fact, one of the things that they've been claiming is going to carve out from the deficit, one of the things that's going to claw back money from the deficits that they continue to, the debts they continue to expand, is the IRS enforcement agents.
00:22:36.000They say that they're not going to go after low-income people.
00:22:39.000The IRS 100% is going to go after people who make under $400,000 a year for sure.
00:22:44.000Well, now they are reporting that the IRS revenue boost from stronger enforcement is now being scaled back by the CBO.
00:22:50.000So remember, they said, don't worry, guys, when we say that we're going to spend a bunch of money on climate and we're going to the Inflation Reduction Act and the American Prosperity Plan and all this garbage, when we do all that stuff, we're going to claw back all that revenue via the IRS.
00:23:01.000Well, now the CBO is outlining its revised estimate Thursday, adjusting the projected 10-year revenue generated by the nearly $80 billion in IRS spending included in the law Biden signed last week.
00:23:12.000They've reduced it by well over $20 billion, according to the CBO.
00:23:16.000So all the money they say they're going to get by auditing you, even that is going down.
00:23:20.000Well, this administration, they keep saying they are fiscally responsible.
00:23:22.000I've yet to see the evidence that they are fiscally responsible.
00:23:25.000But here is the thing, the fact that they are taking all of your money and they're using all of your money to bail out a bunch of deadbeat borrowers.
00:23:32.000You know, maybe you might be thinking to yourself at this point, have I ever paid my taxes?
00:23:36.000Like really, maybe, well, maybe you have.
00:23:38.000And the way that you're going to find out is by heading on over to GetRefunds.com.
00:23:43.000If your business has five or more employees and managed to survive COVID, you could be eligible to receive a payroll tax rebate of up to 26 grand per employee.
00:24:00.000Their tax attorneys are specialists in a little-known payroll tax refund program.
00:24:03.000They do the work for you, no charge up front.
00:24:05.000They simply share a percentage of the cash they get for you.
00:24:07.000Businesses of all types can qualify, including those who took PPP, non-profits, even those that had increases in sales.
00:24:13.000Again, if you overpaid your taxes, why wouldn't you just go get some of your tax money back?
00:24:17.000The team at getrefunds.com has already returned Okay, let's talk about a fiscally responsible administration.
00:24:22.000to getrefunds.com. Click on qualify me answer a few questions. This payroll tax refund is only available for a limited amount of time. Don't miss out head on over to getrefunds.com again that is getrefunds.com and get all the information you need. Meanwhile, you're talking about a fiscally responsible regime. Okay, let's talk about a fiscally responsible administration.
00:24:40.000According to the Washington Post. Millions in COVID aid went to retrain veterans.
00:24:48.000So we spent, during the American Rescue Plan, the great savior of the American economy from this fiscally responsible administration, they spent $400 million on a veteran retraining program.
00:25:47.000And by the way, how irresponsible is this student loan forgiveness?
00:25:51.000Here's how irresponsible the student loan forgiveness is.
00:25:54.000If you paid back your loans during COVID, and some people, they had their student loan borrowing sort of postponed.
00:26:01.000If you paid it back, if you actually were responsible, you went ahead and you paid it back, now the government is going to refund you that money.
00:26:10.000So the government is actually going to, they're going to take the money that you paid back to your student loan and they're going to give it back to you even though you weren't experiencing an emergency at all because you paid back the loan.
00:26:24.000According to the Wall Street Journal, the few Americans who continue to make student loan payments during a federal pause enacted at the beginning of the pandemic will now be eligible for a refund.
00:26:32.000The Education Department clarified on Thursday those who paid off all or part of their federal student loans since March 13, 2020 still qualify for forgiveness.
00:26:41.000Borrowers can request a refund by calling their loan servicer directly.
00:26:44.000So if you spent the last 20 years paying off your student loans, no.
00:26:46.000But if you paid off since the beginning of the pandemic, yes.
00:26:49.000And we are still in a COVID emergency, according to Joe Biden.
00:26:51.000So we're going to just refund you this money.
00:26:54.000And these geniuses are telling you this is not going to affect inflation.
00:27:09.000It's a tailored program paying special attention to Pell Grant recipients who are some of those who have experienced proportionately the most harm from trying to keep up with the weight of that debt.
00:27:22.000It's got an income cap so it's targeted at lower and middle income borrowers.
00:27:27.000And what I've seen is there's a range of analysis on it, but from what I've seen, most economic observers do not think this is a major factor affecting the course of inflation.
00:27:40.000By the way, at the same exact time, Miguel Cardona, the education secretary, he was asked on national television about what's gonna happen when the loan repayments come due, right?
00:27:49.000When all of a sudden you're now repaying your loan, but you've had your loan relieved.
00:27:53.000He says, hey, billions of dollars are gonna flow into the economy.
00:27:55.000Wait, I was just told by your, so you've got the secretary of transportation saying no inflation.
00:27:59.000And now you have the education secretary saying billions of dollars will flow into the economy.
00:28:22.000And we're thrilled that it's going to get Americans back on their feet and moving forward.
00:28:28.000So the money is going to flow into the economy and that is going to generate inflation.
00:28:33.000But according to Miguel Cardona, guys, don't worry, it's not going to elevate education costs.
00:28:37.000So if you just subsidize things, it doesn't raise the price, which would come as a shock to literally all economists in the history of economics.
00:28:44.000When you subsidize things and you don't control the price, when you continue to boost the baseline, the price also goes up because the supply and demand curve has not changed.
00:28:56.000Here's Miguel Cardona explaining that even though we're about to dump literally hundreds of billions of dollars into education, don't worry, that's not going to raise the prices.
00:29:03.000It should be the first time in human history that's never happened, if that were true.
00:29:05.000Are you concerned that a policy like this one, $10,000 in forgiveness, kind of gives a signal to higher education institutions that it's okay to charge the amount that they are charging for students because this debt will just be forgiven?
00:29:38.000We're going to make sure that the return on investment in higher education is there, and we're going to count on our higher education partners to work with us on that, and we're going to be watching, too.
00:29:46.000We're not afraid of naming and shaming institutions that are taking advantage of our students who are trying to make a life for themselves, or first-generation college students who are being sold a bill of goods and never being delivered on.
00:30:02.000First of all, the notion that the only educational institutions taking advantage of the increased tuition and the credentialing that is now occurring, that's inflating the requirements for jobs, the only people who are doing that are the hairdressing university down in a local inner city.
00:30:50.000I think it is an important point to recognize that this program, or programs like this, do encourage, in effect, more raising of tuition because you're subsidizing the students.
00:31:03.000But other than the government coming in and somehow controlling college tuition, which I'm not sure any of us, at least I would not particularly be in favor of, this is what happens.
00:31:14.000Okay, so this administration is lying about everything.
00:31:17.000And they are doing something deeply unfair.
00:31:19.000And they're trying to pretend that it's fair, but it is deeply unfair.
00:31:23.000And they continue to maintain, by the way, that this is actually just, it's good for people, right?
00:31:36.000And you are doing it by subsidizing from people who either already paid their loans or people who never went to college in the first place.
00:31:42.000This is a redistribution toward key demographic constituencies for the Democratic Party.
00:31:47.000And they're lying to you when they say that they're doing this to help low-income people.
00:32:02.000And I want to know if you're actually getting your loan relief here.
00:32:06.000I know that there are members of Congress who are.
00:32:08.000We've already heard from people like Rashida Tlaib and we've heard from Ilhan Omar.
00:32:10.000We've heard from AOC that they still have outstanding loan debt, which means that you're basically paying yourself, guys.
00:32:17.000So, I want to know if Corinne Jean-Pierre still has outstanding loans that she's going to have relieved right here.
00:32:21.000Here's Corinne Jean-Pierre talking about how she had to get a Pell Grant.
00:32:23.000Well, first of all, you're welcome, since that's a taxpayer-funded Pell Grant.
00:32:27.000I don't understand why the fact that you had to get a Pell Grant when you were in college means that now you should have your student loan relieved.
00:33:21.000This is actually a program that is clearly designed to redistribute money to middle and upper income people who have college degrees in a higher income trajectory.
00:33:29.000Those are the people who really are the poorest.
00:33:31.000Meanwhile, you have Elizabeth Warren, who used to earn $400,000 a year teaching at Harvard Law School, lecturing you about the cost of higher education.
00:34:26.000Okay, what's even more sickening, truly sickening, I mean morally sickening, is what the White House is now doing to political opponents of their student loan bailout plan.
00:34:36.000Okay, what they are doing right now is disgusting.
00:34:41.000So the White House has decided that if you oppose Their giant boondoggle $500 billion bailout of the most privileged people in our society, namely college graduates and people who have student loan debt.
00:34:54.000If you oppose that, we are going to name and shame you and come after you personally.
00:34:59.000That's what this White House is very united.
00:35:00.000They're all about unity and the beauty of all of us Americans.
00:35:06.000Now we are just going to jack you up and the way that we're going to jack you up.
00:35:11.000If you are a political opponent of this, Then we are going to find out if you took any PPP money.
00:35:16.000If you took PPP money, then we are going to name and shame you.
00:35:20.000Okay, so, this is an unbelievably dishonest and disgusting argument.
00:35:24.000This is the Paycheck Protection Program under the Small Business Administration.
00:35:28.000So, I got a taste of this myself over the last couple of days.
00:35:31.000Okay, because I said, generally when you take out a loan, you should pay off your loans.
00:35:34.000I know this has become like some sort of sign of moral disrepair to say that if you take out money, you should actually pay back the money.
00:35:42.000Because we live in the stupidest of all possible times in which it is considered more moral to have somebody else pay your bills than for you to pay your own bills.
00:35:49.000I understand there's an entire wing of American politics that now suggests that you are morally superior if you steal other people's money.
00:35:54.000Bernie Sanders is morally superior because he wants to steal my money and give it to somebody else.
00:35:59.000Redistributing from A to B by sticking your hand in A's pocket, even if A already paid off his student loans and B didn't.
00:36:07.000That's more morally, you're morally superior human being.
00:36:09.000And this means that we can rip the living crap out of you if you are a person who actually paid your taxes and paid off your loans.
00:36:15.000And the way that we're going to rip you is by calling you a hypocrite.
00:36:18.000And what we're gonna try and do is dig up material showing that you took Paycheck Protection Program money.
00:36:22.000So, a couple of days ago, around the internet, I'm talking about hundreds of thousands of retweets, there was a screencap of a person, I mentioned this yesterday on the show, named Ben Shapiro, in Los Angeles, who owns a real estate office, and who took something like 20 grand in PPP money.
00:36:38.000I don't know that Ben Shapiro, I never heard that Ben Shapiro, it ain't me.
00:36:41.000Around the internet, it rocketed because since I was against student loan bailouts, I must have taken PPP money.
00:37:00.000But even if they had been true, which they are not, Daily Wire has never taken a dime in PPP money.
00:37:04.000I have not taken a dime in PPP money, even if that were true.
00:37:08.000The attempt, and this has become now, this White House is very online, the attempt by the left to equate taking PPP money with a student loan bailout is disgusting.
00:37:17.000It is a morally egregious thing to do.
00:37:20.000What the Biden administration is doing right now to target people who oppose it is really disreputable.
00:37:25.000But let me tell you something about reputation.
00:37:27.000If you are going to bank on the reputation of a company to make sure that it gets done what it needs to get done, you should bank on Rock Auto.
00:37:33.000Look at that auto you have outside right now.
00:39:09.000A student loan bailout is where you took a loan, voluntarily, in order to go get a degree, in whatever it is you chose to get a degree, and then you chose not to pay off that loan.
00:39:18.000Or you couldn't pay off that loan because you made a bad decision to take the loan in the first place.
00:39:21.000That is not even remotely close to what happened under Paycheck Protection.
00:39:25.000Paycheck Protection Program was effectively a Fifth Amendment taking.
00:39:28.000What happened is that the federal and state governments told you at the beginning of COVID to shut down your business.
00:39:33.000They told you that you would be punished by law if you opened your business.
00:39:37.000I was living in LA County at the time.
00:39:38.000If you went in and opened your business, you would be fined.
00:39:41.000The police would come and shut down your establishment.
00:39:56.000And so what the federal government did, and this had bipartisan approval across the board, everyone, right, left, center, agreed on this.
00:40:03.000And the idea was, if we're going to force you to shut down your business, then we have two choices.
00:40:07.000Your employees are all either going to go on unemployment, which is going to bankrupt the unemployment system, or we are going to effectively fill in the gap that we just created.
00:40:14.000We told you you could not open your business.
00:40:17.000We took property without just compensation.
00:40:20.000And so now we're going to compensate you for that.
00:40:22.000And so if you were a company, you were assured by the government, if you were a company and you took that money and you paid your employees to keep them operating, to make sure that they could pay their bills and get groceries for their family, that if you did those things, that you would then be compensated by the government because the government had forced you to shut down your business.
00:40:40.000And there was nothing morally bad about this.
00:40:43.000That this did not make you some sort of government debtor.
00:40:47.000This didn't make you some sort of deadbeat.
00:40:49.000And what this was, was the government actively telling you you could not operate in the free market, and so therefore the government had to compensate for this.
00:40:57.000That's why it had bipartisan approval.
00:40:58.000That's why people like me, I'm as fiscally conservative as it gets.
00:41:02.000Even I was saying, okay, if the government is telling you, literally you can't, the analogy that I use is if the government drives a Ford F-150 truck through the front door of your home, they are then going to have to pay you to fix the home.
00:41:14.000Because that's what the government did, economically speaking, to hundreds of thousands of businesses across the country.
00:41:18.000And so lots of business owners applied for and got PPP grants, right, forgivable loans.
00:41:24.000So now, many of those business owners are saying, because they paid their taxes, because they actually used that money to pay their employees, because they were told by the government they could not operate in the free market space, if you now oppose the government bailing out a bunch of art history and lesbian dance theory majors over at Brown University, if you oppose that, the White House will name you, and they will shame you, and they will claim that you are a deadbeat.
00:41:50.000So the White House has now an entire tweet thread calling out Republican members of Congress who owned businesses and who took PPP money to pay their employees.
00:42:00.000So the White House tweeted out Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven.
00:42:07.000And they named Congressman Bern Buchanan, who had $2.3 million in PPP loans forgiven.
00:42:11.000Congressman Mark Wayne Mullen, $1.4 million in PPP loans forgiven.
00:42:16.000Oh, you mean because you told them that they couldn't operate their businesses and you wanted their employees to continue getting paid on a bipartisan basis?
00:42:23.000And now you're saying that they don't have the ability or the right or the moral wherewithal to object to deadbeat lenders receiving a bailout from the government and deadbeat borrowers receiving a bailout from the government?
00:42:48.000The government literally said in 2020 shut down your business and here are some grants to keep your employees operating.
00:42:56.000Two years later, two years, the current White House is saying to every small business owner in the country that if you took PPP money to keep your employees afloat so they didn't have to go to the food bank, for example, that if you took that money and you had to take it because the government told you you had to take it, that if you took that money, you now no longer have the right to object to the socialization of the American educational system.
00:43:18.000You don't have the right to object to it.
00:43:20.000So in other words, the government used its force to shut down your business.
00:43:23.000Which effectually meant that you had to take government money.
00:43:27.000And now that we've shoved this heroin of government money into your arm, we are now going to say that you no longer have the right to object to us shoving that heroin into anybody else.
00:43:36.000You can't object to you becoming a subsidizer of the heroin injections that are government subsidies.
00:43:46.000The government has the plenary power to ruin you financially and reputationally.
00:43:49.000They ruin you financially to shut down your business.
00:43:52.000And then if you take the money, they ruin your reputation.
00:43:54.000All right, so let me just explain that the same jackasses who are attacking the businesses who took government cash to keep their employees operational.
00:44:02.000Those same jackasses who are attacking businesses are currently saying that the continuing COVID emergency justifies bailing out predatory college lenders and irresponsible student borrowers.
00:44:12.000There's no moral principle at stake here.
00:44:14.000There's just whatever is the latest baton that you can wield against business owners.
00:44:20.000There's a frequent hallmark of the political left, is that they skew the free market, they destroy the free market, and then, after destroying the free market, they blame the free market for all of the shortcomings that they themselves have created.
00:44:35.000The true moral disgustingness, it really is a moral issue.
00:44:40.000When you attack a business, after destroying the business, And the business has to take money from the government in order to pay its employees.
00:44:46.000When you then attack the business for opposing future bailouts that affect that business, that affect them as taxpayers, that affect the employees, that are redistribution on behalf of political interests that the White House is pressing without constitutional authority.