The Ben Shapiro Show - October 04, 2023


McCarthy OUT As Speaker


Episode Stats

Length

54 minutes

Words per Minute

211.74525

Word Count

11,526

Sentence Count

836

Misogynist Sentences

25

Hate Speech Sentences

8


Summary

In order to understand how dumb the Republican leadership class is, we have to go back in time to when Newt Gingrich was the speaker of the House of Representatives, and how he was the most brilliant man in the country. And how dumb is the current leadership class, and why is it so bad? And what are the real reasons why the party leadership is so bad right now? And why are they so bad that they have to kick themselves over and over in the balls until they win again? And how can we stop them from doing that? Well, the simple answer is that they don t have a leader. They have no idea what they're doing, and they don't know how to do anything about it. And that's why they're not even trying to do something about it, because there's nothing they can do about it except kick themselves until they get a new leader who can fix it, and then they'll get it back on track. And they'll have to do it the same way they did it the last time, and that's not even close to as good as they used to do things the way they do things, and it'll be much better than they did them before. This episode is a mashup of a few of my favorite things I've ever written about, and a bunch of other stuff I've written about as well. I hope you'll listen to it and tweet me what you think of it. Tweet me and let me know what you thought of it! if you think it's good or bad, and if you have any thoughts on how dumb it is, tweet me! or don't have a problem with it or if you agree with it, I'll be sending it to me :) :) Timestamps: 5:00 - How dumb is too dumb? 5:30 - What do you think about it? 6:15 - What would you think? 7:00 8:40 - What's the problem? 9:30 11:10 - Is there a better way to understand it? - Why does it matter? 10: What are you dumb, right or wrong? 12:15 13: Is it better than it matters? 15: How dumb, or not? 16:10 17:40 18:00 | How dumb? 17:30 | What is it better? 19:40 | Why do you need a leader?


Transcript

00:00:00.000 So what if I told you that the GOP had pretty much every systemic advantage going into 2024?
00:00:05.000 They had a deeply unpopular president of the United States with approval ratings in the high 30s, low 40s.
00:00:11.000 A president of the United States with approval ratings on the economy in the 30s or 20s.
00:00:15.000 What if I told you that the GOP had an economic edge on the issues that is their biggest since 1991?
00:00:22.000 Well, what if I told you that going into the election, there was a very solid shot that Joe Biden's economic policies were going to drive America directly into a recession?
00:00:29.000 Well, all of those things are true.
00:00:30.000 All of those things are true.
00:00:32.000 And yet, somehow, Republicans have come up with a brand new strategy.
00:00:35.000 This strategy is to join an idiocracy.
00:00:38.000 It's a movie from the 2000s.
00:00:41.000 Join in the idiocracy show, Ow My Balls.
00:00:44.000 This is their actual strategy.
00:00:45.000 It's just to kick themselves over and over in the balls until they win.
00:00:48.000 I cannot see any other strategy here.
00:00:50.000 I don't know why it's happening.
00:00:51.000 It makes no sense to me.
00:00:53.000 It is incredibly frustrating because I would like to see Joe Biden not be president of the United States.
00:00:57.000 I'd like to see Democrats not make policy for the United States.
00:01:01.000 I'd like Chuck Schumer not to be the Senate Majority Leader.
00:01:02.000 And yet since Republican victory in 2016, Republicans have lost something like 11 governorships.
00:01:08.000 Republicans have lost something like 20 plus House seats.
00:01:11.000 Republicans have moved from a majority to a minority in the Senate, all in the face of wildly unpopular Democrat policies.
00:01:17.000 The Democratic Party has moved to the radical left.
00:01:19.000 They continue to mirror all the policies of the radical left.
00:01:22.000 The American people don't like them on any of the issues, and yet Democrats keep getting elected.
00:01:25.000 And so the question becomes, why?
00:01:27.000 Why would that be?
00:01:28.000 Well, maybe the reason for that is because Republicans are strategically inept.
00:01:32.000 Maybe it is because Republicans have essentially decided that protest votes are more important than actual votes.
00:01:38.000 Maybe they've decided that dousing themselves in gasoline and setting a match is probably the best strategy.
00:01:43.000 I don't know what it's a strategy for, other than maybe feeling good for a brief moment in time, because if we show frustration to our leadership class, then for sure we'll get a new leadership class.
00:01:51.000 And then somebody else enters.
00:01:52.000 We're like, wait, hold on.
00:01:53.000 The incentive structure is exactly the same.
00:01:55.000 Thomas Sowell says very frequently with regard to politics, that people, big mistake when it comes to politics is believing.
00:02:01.000 That the problem with the politicians is the politicians rather than the incentive structure that creates the politicians.
00:02:07.000 And that is exactly correct.
00:02:08.000 Republicans have now replaced, in the last few years, Paul Ryan as Speaker of the House, John Boehner as Speaker of the House, and now Kevin McCarthy as Speaker of the House.
00:02:15.000 What has changed?
00:02:16.000 Seriously, what has changed?
00:02:18.000 What magical new things have happened from the replacement of any of these people as Speaker of the House?
00:02:21.000 Now, I was not a Boehner fan.
00:02:23.000 I didn't want Boehner to be Speaker of the House.
00:02:24.000 I thought he was far too conciliatory toward Barack Obama.
00:02:27.000 I thought Paul Ryan was fine.
00:02:28.000 I thought Kevin McCarthy was fine.
00:02:31.000 But apparently, we tend to be operating under the wild delusion that if we simply replace one speaker with another speaker and leave the incentive structure exactly the same, Then everything will be, you know, better.
00:02:41.000 Things will change.
00:02:42.000 That is not how any of this works.
00:02:43.000 The incentive structure right now in the House of Representatives, just to take the latest example, because yesterday Kevin McCarthy was ousted as Speaker of the House for no reason I can discern by eight Republicans who joined with all Democrats to oust McCarthy, which means that 96% of the Republican caucus voted in favor of Kevin McCarthy, and McCarthy is no longer the Speaker because of the eight House Republicans who decided that McCarthy had to go for a reason that no one can actually discern or specify.
00:03:07.000 The incentive structure right now Unfortunately, for a huge number of people, is get famous, run for a higher office, win or lose, it doesn't really matter, clean up, pick up some checks, start a pack, start a non-profit, move into a different area of your career.
00:03:24.000 This is a different incentive structure.
00:03:26.000 It used to be, when parties were more powerful, that they'd actually have the ability to punish their members.
00:03:30.000 Now, that was bad in some ways because it meant that party leadership actually mattered an awful lot because the party leadership could decide the direction of the party.
00:03:37.000 And because of that, the party structure was weakened.
00:03:40.000 Well, the result of that is that there is a massive collective action problem whereby a few people can hold hostage the entire Republican caucus for no reason that anyone can explain.
00:03:50.000 Again, in order to really understand how dumb all of this is, what you have to understand is that Kevin McCarthy was, by pretty much any measure, the most conservative speaker that Republicans have had since Newt Gingrich.
00:04:03.000 He achieved actual wins against Joe Biden.
00:04:07.000 The last continuing resolution that the people who ousted him are very angry about, he proposed a better one two weeks ago that they scuttled.
00:04:14.000 They said it wasn't good enough.
00:04:15.000 And so they scuttled it.
00:04:16.000 And so he had to pass a continuing resolution.
00:04:18.000 And even then, he stripped out funding for the Ukraine war.
00:04:21.000 And somehow he's the bad guy.
00:04:22.000 Again, this is not that Kevin McCarthy is like the most amazing politician of all time, that he would be the greatest speaker in history.
00:04:28.000 It's you got no replacement.
00:04:29.000 You got no strategy.
00:04:31.000 This is all grandstanding nonsense.
00:04:32.000 There's no purpose to it.
00:04:34.000 What wins are you attempting to get?
00:04:36.000 I said this during the original speakership fight back in January.
00:04:39.000 Chip Roy, who's one of the people who may be considered for the speakership slot if he wants it.
00:04:42.000 I don't know why anyone in the world would want that job.
00:04:45.000 It's a horrible job.
00:04:46.000 It is the second worst job in America behind Donald Trump's personal lawyer.
00:04:50.000 I do not understand.
00:04:52.000 Well, Chip Roy did not want this.
00:04:54.000 OK, but in any case, Chip Roy back in January, he said, I want certain concessions from McCarthy.
00:04:58.000 And then he got them.
00:05:00.000 And then he said, OK, McCarthy should should be speaker.
00:05:02.000 That's a plan.
00:05:03.000 But this is not a plan.
00:05:05.000 This is just people ranting and raving again.
00:05:07.000 This is Leroy Jenkins congressional version.
00:05:09.000 People running for no reason into a brick wall and then declaring victory.
00:05:14.000 As they bleed.
00:05:16.000 It's an amazing thing.
00:05:17.000 Again, to truly understand how dumb this is, you have to understand how vulnerable Democrats are.
00:05:21.000 And to understand how vulnerable Democrats are, let me give you just the economic situation in the United States right now.
00:05:27.000 Stocks tumbled on Tuesday, according to CNBC, as Treasury yields hit their highest levels since 2007.
00:05:33.000 Raising concern higher interest rates would freeze the housing market and tip the economy into a recession.
00:05:37.000 The Dow Jones Industrial Average dropped 431 points.
00:05:40.000 That's the worst day since March.
00:05:43.000 The Dow is now in the red for the year.
00:05:45.000 The 10-year treasury yield touched 4.8%.
00:05:47.000 That's the highest level in 16 years.
00:05:49.000 The benchmark yield has surged in the past month as the Federal Reserve pledged to keep interest rates at a higher level for longer.
00:05:55.000 The 30-year treasury yield hit 4.925%.
00:05:58.000 That is also the highest since 2007, which means that money is now rushing out of stocks and back into bonds.
00:06:04.000 But it also means that a lot of people are expecting that inflation could be baked into the economy.
00:06:09.000 That's the only reason the interest rates are going to be stuck this high.
00:06:13.000 Market Watch has an entire article today talking about how government bond yields are ripping through global markets.
00:06:18.000 By the way, when the bonds that America is selling have a facially higher rate, that means the national debt is greatly exacerbated.
00:06:24.000 It means that if you're worried about national debt and about the amount of spending America is doing, get ready.
00:06:30.000 America's interest payments on its debts are going to outstrip the defense spending in the United States in the very, very near future.
00:06:36.000 And these are bad numbers.
00:06:38.000 The possibility of recession is very much on the horizon right here.
00:06:44.000 Again, according to MarketWatch, banks are now bracing for a recession.
00:06:49.000 Quote, bank stocks might be on pace for yearly losses as sharply higher interest rates take a
00:06:53.000 toll. The industry's reserves are at the highest level in three decades. Bank shares have come
00:06:56.000 under more selling pressure since the Federal Reserve in September signaled it could keep rates
00:06:59.000 higher for longer than earlier anticipated. The tough talk has dampened the years of rallying
00:07:03.000 stocks and reignited a dramatic sell-off in the roughly $25 trillion Treasury market.
00:07:07.000 Right now, there's nothing standing in the way of higher Treasury yields, said Kathy Jones,
00:07:11.000 the chief fixed income strategist at Schwab Center for Financial Research.
00:07:14.000 It's fairly obvious it's not good for banks.
00:07:16.000 The rise in yields has just been relentless.
00:07:18.000 Higher yields on newly issued treasury bonds erode the portfolios that include lower coupons that issued when rates were lowered.
00:07:23.000 Again, what happened at Silicon Valley Bank is they invested in American bonds at a certain facial rate, and those became absolutely worthless the minute that the Federal Reserve issued new bonds at a higher rate.
00:07:34.000 So this sort of stuff is going to have dramatic follow-up.
00:07:36.000 So, Republicans are in historically very good position to win back more seats in the Congress.
00:07:40.000 They don't have a tiny majority, they have a big majority to win back the Senate.
00:07:43.000 The map Senate, the Senate map in 2024 favors Republicans.
00:07:46.000 They're in very good position to win back the presidency.
00:07:48.000 So naturally, why not distract the American people by having a useless speakership fight?
00:07:53.000 Why not?
00:07:54.000 Sure, why the hell not?
00:07:55.000 Get to that momentarily first.
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00:08:00.000 It was established in 1999 in response to the financial crises of the late 1990s with the aim of promoting international financial stability.
00:08:07.000 Well, last month, that G20 announced a plan to impose digital currencies and digital IDs on their respective populations.
00:08:12.000 Central bank digital currencies essentially allow the government to track every purchase you make.
00:08:16.000 It could even allow officials to prohibit you from purchasing certain products or freeze your accounts altogether.
00:08:20.000 Well, even if you don't follow international economic policies all that closely, you should be concerned.
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00:09:09.000 Okay, so yesterday the fight over the speakership commenced.
00:09:14.000 Commenced.
00:09:16.000 Matt Gaetz had been threatening this for a few days after the passage of the Continuing Resolution.
00:09:20.000 It's a clean Continuing Resolution that only takes them 45 days into the future, so there was more room for negotiation.
00:09:26.000 But Matt Gaetz decided that he'd had enough of Speaker McCarthy.
00:09:30.000 Now, the predicate for this was set back in January, because McCarthy had basically pledged that anyone, at any time, could bring what would be a no-confidence vote.
00:09:39.000 A vote to remove McCarthy.
00:09:41.000 And so what that meant is that anybody at any time could make national headlines and become an international political figure by going up against McCarthy.
00:09:48.000 For good reason or bad.
00:09:49.000 And Matt Gaetz was just waiting for his opportunity.
00:09:51.000 So what that meant for Matt Gaetz and for some of the people who surround him is scuttle a better continuing resolution a couple of weeks ago.
00:09:59.000 Then, a new continuing resolution goes forward.
00:10:01.000 McCarthy has to pass it, because otherwise we're going to go into a government shutdown, with no prospect of actually passing a bill, because Gates has already suggested he won't support, really, another bill, anything that's actually passable in a Senate controlled by Democrats.
00:10:13.000 And then Matt Gaetz says, how dare McCarthy work with Democrats on this bill, after helping scuttle a Republican-only bill?
00:10:19.000 How dare he work with Democrats?
00:10:20.000 I'm going to file a motion to vacate the chair.
00:10:23.000 And then he, along with seven other Republicans, votes with the entire Democratic caucus to get rid of McCarthy.
00:10:28.000 So just to get the logic here, Matt Gaetz is very, very angry that a majority of Republicans voted with some Democrats to pass a continuing resolution.
00:10:35.000 That only happened because Matt Gaetz and his crew decided not to vote for a Republican-only version of the continuing resolution a couple of weeks ago.
00:10:42.000 And now, he and his friends voted with all Democrats in order to oust McCarthy.
00:10:48.000 So it's bad to side with Democrats.
00:10:50.000 Very, very bad to side—unless you're ousting your own speaker.
00:10:54.000 That's a hell of a strategy.
00:10:55.000 And it makes no sense unless what you actually believe is that this has nothing to do with strengthening the Republican caucus or making the House more conservative.
00:11:01.000 It makes sense if what you believe is that it's really about grandstanding and getting headlines and raising money and sending out text messages.
00:11:07.000 Then it makes some sense.
00:11:08.000 And that's what American politics has become about.
00:11:10.000 It is all about incentive structures.
00:11:11.000 Again, to go back to Sowell, this is all about incentive structures.
00:11:15.000 Yuval Levin is a really good political theorist.
00:11:17.000 He has said for quite a while that one of the big problems right now in the modern era is that our political class are incentivized to use Congress and political power as a platform for other things.
00:11:26.000 It used to be that the institution of Congress shaped you.
00:11:29.000 You went in, you learned how the game was played, how the sausage was made, and then you participated in that process.
00:11:35.000 Now, you go into Congress, and basically, your job is to comment on everything that is going on, and to grandstand for the people back home, and to not get anything done.
00:11:43.000 And it's not about getting things done, it's about whether those things are good or bad.
00:11:46.000 But the incentive right now is to simply yell at things, and then get a cable hit, and then portray yourself as the most conservative guy in the room.
00:11:53.000 So here's how it went down yesterday.
00:11:54.000 Yesterday, Matt Gaetz moved against McCarthy.
00:11:56.000 There was laughter on the House floor, mostly from Democrats, who were like, I can't even believe the Republicans are doing this.
00:12:02.000 Why is this even a thing that is happening right now?
00:12:04.000 Here was Gaetz moving against McCarthy yesterday.
00:12:07.000 For what purpose does a gentleman from New Jersey seek recognition?
00:12:10.000 You're off the way, don't you think?
00:12:13.000 So, you can hear people laughing in the chamber.
00:12:21.000 Thanks.
00:12:22.000 Okay, just a quick flashback.
00:12:24.000 Matt Gaetz, okay, back when Paul Ryan was Speaker, he opposed ousting Paul Ryan.
00:12:29.000 And here was Matt Gaetz, speaking on Fox News at the time.
00:12:32.000 If we take Paul Ryan off the field right now, instead of being able to finish strong in the 115th Congress, we will shatter into a bunch of factions fighting against each other for power.
00:12:42.000 We got enough of that in Washington already.
00:12:44.000 Paul Ryan can be a caretaker of the speakership.
00:12:46.000 We can have a leadership election.
00:12:48.000 We can go into the midterm strong.
00:12:50.000 And I don't think that pushing him out early, if he doesn't want to go, is in any way advantageous.
00:12:55.000 That was Matt Gaetz in 2018.
00:12:56.000 Haven't been that long.
00:12:58.000 And, um, what changed?
00:13:00.000 The answer to what changed is pretty much nothing, except that Matt Gaetz realized that you get a lot more credit among a certain group of people for shouting and ranting at the wind and making moves like this than you would for, you know, actually getting things done in Congress.
00:13:15.000 Again, I'm all for people trying to exact more conservative concessions from the Speaker of the House.
00:13:19.000 That's fine.
00:13:19.000 But there were no concessions actually attempted or exacted here.
00:13:23.000 So, Speaker McCarthy had a choice.
00:13:25.000 He had to basically bring up a motion to table.
00:13:27.000 The motion to table, if it had succeeded, would have stopped the motion to vacate.
00:13:31.000 The motion to table would have relied, presumably, on some Democrats.
00:13:34.000 Democrats were like, you know what?
00:13:37.000 I'm not gonna kill you, but I don't have to save you.
00:13:38.000 The Batman perspective from Batman begins.
00:13:41.000 Which is, you guys, this is a problem of your own making.
00:13:43.000 Why would I possibly save you?
00:13:44.000 Now, Is that good faith?
00:13:47.000 Of course not.
00:13:47.000 I mean, Democrats know that they're likely to get somebody in that Republican seat next time who is probably going to be the head of another weak caucus, going to be very difficult to negotiate with because, again, it's too fractious.
00:14:00.000 The rules of the caucus don't make for the ability to consolidate policy.
00:14:06.000 McCarthy had basically worked with them in good faith on a couple of issues, but they don't care.
00:14:11.000 I mean, why should they care?
00:14:12.000 I'm not going to put this on Democrats.
00:14:14.000 If the shoe were on the other foot and Democrats were busy ousting Hakeem Jeffries and he were the Speaker of the House, I wouldn't be saying the Republicans ought to save him.
00:14:21.000 So I don't blame Democrats for doing what Democrats do.
00:14:22.000 I blame Republicans for voting with entirely Democrats in order to oust their own speaker for no reason again.
00:14:28.000 That makes any sense.
00:14:30.000 So McCarthy instead called the vote.
00:14:32.000 The motion to table failed.
00:14:33.000 The vote went forward.
00:14:35.000 And in the end, The eight Republicans who voted along with all Democrats to oust McCarthy from the speakership were representative to Andy Biggs of Arizona, who is a wild and crazy character, Ken Buck of Colorado, Tim Burchett of Tennessee, Eli Crane of Arizona, Bob Good of Virginia, Nancy Mace of South Carolina, and Matt Rosendale of Montana.
00:14:54.000 And again, it's amazing because their complaints were sort of vague, to say the least.
00:15:03.000 Bob Good got up and he said the Speaker fought through 15 votes in January to become Speaker but was only willing to fight through one failed CR before surrendering to the Democrats on Saturday.
00:15:10.000 We need a Speaker who will fight for something, anything besides just staying or becoming Speaker.
00:15:13.000 So what would you suggest?
00:15:14.000 And there's never an answer to this.
00:15:17.000 Understand, Matt Gaetz doesn't know who the hell is going to become Speaker.
00:15:19.000 It's not like he has an alternative plan.
00:15:21.000 He's a dog that caught the car.
00:15:24.000 They don't know what the hell is happening next.
00:15:26.000 Every single person they are suggesting to replace McCarthy as Speaker supported McCarthy for Speaker.
00:15:31.000 That's Jim Jordan from Ohio.
00:15:33.000 That is Chip Roy from Texas.
00:15:35.000 All these people voted for McCarthy for Speaker and opposed this motion.
00:15:40.000 So what is this exactly?
00:15:42.000 What it really is is an act of personal peak and also, you know, personal political benefit for Matt Gaetz.
00:15:49.000 And when the incentives are not aligned, when the stars aren't aligned, when your personal political benefits run directly against the interests of the party at large or the movement at large, the incentive structure right now says there are going to always be rogue actors who are able to do this sort of thing.
00:16:02.000 That's a problem.
00:16:03.000 We'll get to the actual breakdown on how this happened in just one moment first.
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00:17:07.000 Okay, so yesterday it went like this.
00:17:11.000 McCarthy called the vote.
00:17:13.000 On a motion to table, it failed.
00:17:15.000 So then he was forced to bring to the floor, according to the deal that he had made with these Republicans, the motion to vacate the chair.
00:17:22.000 And here was McCarthy defending himself.
00:17:24.000 He said, Getz planned this all along.
00:17:26.000 Here he was yesterday.
00:17:27.000 You know, if I counted how many times someone wanted to knock me out, I would have been gone a long time ago.
00:17:32.000 Can you explain a little bit about why do it today?
00:17:35.000 I mean, the idea that you... Why not?
00:17:37.000 Rip the mandate off here, or what?
00:17:39.000 Why not, you know?
00:17:40.000 Look, I think Matt has planned this all along.
00:17:43.000 It didn't matter what we transpired.
00:17:46.000 You know, he would have done it if we were in shutdown or not.
00:17:49.000 I firmly believe it's the right decision to keep government open, to make sure our military is still paid, our border agents are still paid.
00:17:57.000 And if that makes a challenge based upon whether I should be Speaker, I'll take that fight.
00:18:01.000 So you're calling this a bluff?
00:18:03.000 Yeah.
00:18:03.000 Okay, well, it turned out that it wasn't a bluff.
00:18:06.000 He was assuming.
00:18:08.000 I mean, I know Kevin McCarthy.
00:18:10.000 He was assuming that in the end, even the rogue actors would have enough, would have enough wherewithal to assume that voting entirely with Democrats was a bad look and that they would come back into the fold.
00:18:22.000 And he was wrong.
00:18:22.000 It turns out that the personal incentives did not align with the rest of the Republican incentives, so 4% of the caucus takes down the other 96% of the caucus.
00:18:30.000 McCarthy said keeping the government open was the right decision because we had no alternatives.
00:18:34.000 The bill that I tried to advance was opposed by the same people trying to kick me out of the speakership now.
00:18:39.000 I had a lot of Republicans that wanted me to do it.
00:18:42.000 I never did it.
00:18:43.000 Did Nancy and I get along?
00:18:44.000 No, we really don't get along.
00:18:46.000 But I thought the institution was too important, and I thought that was too personal.
00:18:50.000 But you know, at the end of the day, keeping government open and paying our troops was the right decision.
00:18:57.000 I stand by that decision.
00:18:58.000 At the end of the day, if I have to lose my job over it, so be it.
00:19:01.000 But I'm going to fight for the American public, and I'll continue to fight.
00:19:04.000 Now, as you will see, people in the Republican caucus, from the right side of the caucus to the left side of the caucus, supported McCarthy in retaining the speakership.
00:19:12.000 So Representative Elise Stefanik, who's a very Trumpy congresswoman from New York, but she's more on the left wing of the Republican caucus.
00:19:18.000 Yesterday, she said, I don't understand why we're going after McCarthy.
00:19:21.000 Like, what's the deal here?
00:19:23.000 Kevin McCarthy is a happy warrior.
00:19:26.000 He is tireless.
00:19:28.000 He has that uniquely American grit.
00:19:31.000 Under Kevin's speakership that lasted 15 rounds of him never giving up, this Republican majority has exceeded all expectations.
00:19:39.000 We reopened the People's House.
00:19:41.000 We passed the strongest border security bill in our nation's history.
00:19:45.000 We passed an energy plan to unleash American energy dominance.
00:19:49.000 We passed defense bills to support our troops.
00:19:52.000 Under Kevin's leadership, he's brought hundreds and hundreds of bipartisan members of Congress to Israel, our greatest ally.
00:20:01.000 He elected the most diverse class of Republicans ever, with the largest number of Republican women ever in American history.
00:20:09.000 This boy from Bakersfield, he cares deeply about his constituents, his country, and the American people.
00:20:15.000 Okay, that's Stefanik.
00:20:16.000 She's on the left wing of the Republican Party.
00:20:17.000 Then you got Thomas Massie, who's very much on the right wing of the Republican Party.
00:20:20.000 Extremely stringent with regard to spending.
00:20:23.000 And here's Massie supporting McCarthy yesterday.
00:20:26.000 As the only member who's serving here who took every chance to vote against Speaker Boehner and to vote against Speaker Ryan, I can tell you that this chamber has been run better, more conservatively, and more transparently under Mr. McCarthy than any other speaker that I have served under.
00:20:45.000 As a member of the Rules Committee, one of three conservatives who were placed there out of trust, the Speaker gave us a blocking position by putting three of us on there to keep an eye on the Rules Committee to make sure the process was fair and even.
00:21:03.000 I can tell you it's been fair and even.
00:21:06.000 None of us are voting against the Speaker today.
00:21:09.000 It's only eight Republicans who voted against the Speaker.
00:21:11.000 But all it takes is a few to throw the rest of the house into chaos.
00:21:15.000 And we'll get to more on this in just a second.
00:21:16.000 I'm gonna get to Matt Gaetz's argument against Kevin McCarthy.
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00:22:26.000 Okay, so what exactly was Matt Gaetz's argument?
00:22:29.000 Well, it wasn't that he's siding with Trump on this.
00:22:30.000 Trump wanted McCarthy to be Speaker.
00:22:32.000 It wasn't that he's siding with the right wing of the party on this.
00:22:34.000 Chip Roy, Thomas Massey, they wanted McCarthy to be Speaker.
00:22:39.000 By the way, you want to talk about disloyalty in American politics?
00:22:42.000 How about the fact that McCarthy has been incredibly loyal to, for example, President Trump, and Trump is nowhere to be found in any of this, just completely absent, not weighing in with Gaetz, not weighing in with anybody, just like he took a breather on this one.
00:22:55.000 Meanwhile, Gaetz gets up and he assails McCarthy and gave a speech assailing him.
00:22:59.000 Again, he didn't convince anybody, but he did have enough of the kind of An unaligned caucus to topple him on the basis of whatever this is.
00:23:10.000 Here's Gates.
00:23:11.000 The problem with my friend from Ohio's argument is that many of the bills he referenced as having passed are not law.
00:23:18.000 We are on a fast track to an omnibus bill, and it is difficult to champion oversight when House Republicans haven't even sent a subpoena to Hunter Biden.
00:23:28.000 So it's hard to make the argument that oversight is the reason to continue when it sort of looks like failure theater.
00:23:33.000 Failure theater?
00:23:34.000 You want to talk about failure theater?
00:23:35.000 How about you oppose the CR?
00:23:37.000 How about the failure theater of, what if we propose a bill in Congress to cut all spending?
00:23:42.000 And then we send it to a Democratic Senate and a Democratic president.
00:23:44.000 And then if you don't vote for it, it's because you're insufficiently conservative.
00:23:47.000 You want to talk about failure theater?
00:23:48.000 This is failure theater.
00:23:50.000 I mean, this right now isn't just failure theater.
00:23:51.000 It's just failure.
00:23:52.000 It's stupid failure.
00:23:53.000 Again, it is ramming yourself in the face with a brick.
00:23:56.000 It's so dumb.
00:23:58.000 Okay, so then he didn't... Gates, by the way, didn't just trash McCarthy.
00:24:01.000 He then trashed all of his Republican colleagues as well.
00:24:04.000 My colleague says we've passed the strongest border bills in history.
00:24:08.000 Well, guess what?
00:24:08.000 Look at the border right now.
00:24:10.000 We didn't use sufficient leverage in the debt limit or in any other thing to actually get results on the border.
00:24:15.000 The border is a disaster, really something I don't think you're going to be campaigning on that you've fixed the border.
00:24:20.000 And when it comes to how those raise money, I take no lecture on asking patriotic Americans to weigh in and contribute to this fight from those who would grovel and bend knee for the lobbyists and special interests who own our leadership, who have called for all you want, who have hollowed out this town and have borrowed against the future of our future generations.
00:24:44.000 Olly, this is such greasy, stupid garbage.
00:24:46.000 Unbelievable.
00:24:47.000 Honestly, shut it up.
00:24:48.000 This is such stupid... Every element of this assumes that you're a moron.
00:24:51.000 Every single element assumes this is a moron.
00:24:53.000 So, the House passes a very strong border bill.
00:24:55.000 And then it turns out, you know who controls the Senate?
00:24:58.000 Democrats.
00:24:58.000 You know who's the President?
00:24:59.000 A Democrat.
00:24:59.000 Do you think any of those things become law?
00:25:01.000 Of course not.
00:25:01.000 And then he's like, well, it didn't become law, did it?
00:25:03.000 That's your fault.
00:25:04.000 How is it possibly their fault?
00:25:05.000 They did their part.
00:25:06.000 They passed a bill.
00:25:07.000 And then it goes nowhere because no negotiation took place because of people like Matt Gaetz.
00:25:12.000 I don't even understand that argument.
00:25:13.000 Then he's making the case.
00:25:14.000 Well, I'll fundraise however I want.
00:25:16.000 I'm not going to take lectures on people who are bought and paid for.
00:25:18.000 You're literally fundraising off of doing a thing that does not move the ball forward for conservatives one inch, not one centimeter.
00:25:26.000 You're making money off of that.
00:25:27.000 You're fundraising off of that.
00:25:29.000 And then he's doing the pathetic routine where he calls all of his colleagues corrupt.
00:25:32.000 Like, this is just such... If you fall for this grift, it is a grift.
00:25:36.000 If you fall for this grift, man, I've got a beat-up jalopy from 1968 to sell you for $500,000.
00:25:42.000 Maybe you'll take that, too, because this is a grift.
00:25:44.000 Okay?
00:25:44.000 There is nothing else happening here other than a grift.
00:25:47.000 You know how I can tell?
00:25:48.000 Because there are 222 Republicans in the House of Representatives, and 214 of them voted together, and 8 of them voted with Democrats.
00:25:56.000 This is not about McCarthy.
00:25:58.000 This is about the idea that you can make money and you can make hay in the Republican Party right now by losing and pretending that you are winning and fighting the establishment, whatever that means.
00:26:09.000 There have been establishment politicians.
00:26:10.000 I'm just wondering, is Chip Roy, is Thomas Massey an establishment politician?
00:26:14.000 Who the hell are you talking about?
00:26:16.000 Who are you even talking about?
00:26:17.000 And if I'm going to take lectures from Matt Gaetz on fiscal irresponsibility, you know what I noticed?
00:26:22.000 I noticed that Matt Gaetz was a big backer and continues to be a big endorser of a presidential candidate who refuses to touch entitlements on principle.
00:26:30.000 Virtually all debt in the United States is driven by our entitlement programs.
00:26:35.000 So again, he's just assuming you're a moron.
00:26:37.000 He's assuming that when he shouts about spending and how he wants to lower it, that you're going to ignore the fact that he's endorsed candidates who spent $7 trillion more money than any person in the history of America and has vowed never to cut entitlements.
00:26:51.000 When he talks about how he's going to raise money and he's not going to take lectures from anybody else raising money, I should point out here at this point, Kevin McCarthy, for all that people are saying about him, Kevin McCarthy aligned PACs, spent millions of dollars supporting various members of the caucus that ended up ousting him.
00:27:08.000 His majority committee contributed $10,000 each to the campaigns of Matt Rosendale, Nancy Mace, and Tim Burchett in the last election cycle, gave $5,000 each to Eli Crane and Bob Good.
00:27:19.000 The majority committee also contributed $10,000 each to Victoria Sparks, Warren Davidson.
00:27:23.000 They were all in favor of voting to vacate McCarthy in the first place.
00:27:27.000 So again, this is like, it's just, it's, it's such, it's so obvious that there is a group of Republicans in power and in the media who think you're an idiot and are not going to tell you the truth on any of these matters because they believe that if they just tell you that somebody is insufficiently conservative, then that is enough.
00:27:46.000 They don't have to prove the case.
00:27:47.000 They don't have to provide the evidence.
00:27:48.000 They don't have to provide a strategy.
00:27:51.000 And this sort of theater purism, where I'm the most pure because I say that we should spend no money on these things.
00:27:59.000 It doesn't matter if it goes nowhere.
00:28:01.000 It doesn't matter if we end up losing elections, but I've been pure.
00:28:04.000 That is not how any of this works, but I guess it is how this works if people celebrate based on this, and Gates is celebrating today.
00:28:11.000 He got his win.
00:28:11.000 I don't know what he's going to get for his win, but he got his win.
00:28:15.000 People have called you a narcissist.
00:28:17.000 People say that it's to your benefit alone.
00:28:19.000 Is it to the benefit of you and to Donald Trump?
00:28:21.000 It's the benefit of this country that we have a better Speaker of the House than Kevin McCarthy.
00:28:26.000 Kevin McCarthy couldn't keep his word.
00:28:27.000 He made an agreement in January regarding the way Washington would work, and he violated that agreement.
00:28:33.000 We are $33 trillion in debt.
00:28:35.000 We are facing $2.2 trillion annual deficits.
00:28:38.000 We face a de-dollarization globally that will crush Americans, working class Americans.
00:28:44.000 Kevin McCarthy is a feature of the swamp.
00:28:46.000 He has risen to power by collecting special interest money and redistributing that money in exchange for favors.
00:28:53.000 We are breaking the fever now.
00:28:56.000 This is breaking the fever?
00:28:57.000 Again, I'd like to hear, are you willing to restructure entitlements?
00:29:01.000 You worry about a 2.2 trillion dollar deficit every year?
00:29:05.000 What is driving it, Matt?
00:29:06.000 Are you willing to talk about that?
00:29:07.000 Really?
00:29:08.000 If so, would you like to say something about that to the candidate who you've endorsed for President of the United States who on principle says he will not do anything about it?
00:29:15.000 Again, all these people who are complaining about spending, I don't remember them complaining when there was a Republican President of the United States and when there was a Republican Senate.
00:29:22.000 It's only when they can make hay.
00:29:23.000 Gates, after all this was over, he tweeted, the fight is not over.
00:29:26.000 Now we must elect a speaker.
00:29:27.000 OK, any suggestions?
00:29:28.000 Who's out there?
00:29:29.000 Who wants the job?
00:29:30.000 And now everybody in Congress turns into Homer Simpson backing into the bushes.
00:29:34.000 Every single person in Congress, because this is a **** job, man.
00:29:37.000 If you have to deal with this caucus and this caucus, No, let's be fair and it's wrong that you ever say.
00:29:42.000 very first sign that one of them can make a nice MSNBC appearance and clear a buck from
00:29:46.000 a text message, that your speakership is in danger?
00:29:49.000 Why would anyone want that job?
00:29:51.000 It is a terrible job.
00:29:52.000 Kevin McCarthy did issue a closing statement as he left the speakership position.
00:29:56.000 Here's what he had to say.
00:29:58.000 No, let's be fair.
00:30:00.000 It's wrong that you ever say they are not conservatives.
00:30:05.000 They voted against one, the greatest cut in history that Congress has ever voted for two
00:30:11.000 They voted against work requirements.
00:30:14.000 They voted against NEPA reform.
00:30:15.000 They voted against border security.
00:30:17.000 They voted against... They don't get to say they're conservative because they're angry and they're chaotic.
00:30:23.000 That's not the party I belong to.
00:30:25.000 The party of Reagan was if you believed in your principles that you could govern in a conservative way.
00:30:32.000 They are not conservatives and they do not have the right to have the title.
00:30:36.000 He is not wrong about any of that.
00:30:39.000 And I've gotten to know some past speakers of the House from Gingrich, to Ryan, to McCarthy.
00:30:45.000 And let me tell you, when you have no power over your own caucus, you don't have power.
00:30:50.000 That's it.
00:30:51.000 Democrats know this is a team sport.
00:30:53.000 Nancy Pelosi was able to wield her power with tremendous authority because the Democrats at least understand that in the end, you vote with your party.
00:30:59.000 And the reason you vote with your party is to get things done.
00:31:02.000 You want to advance the ball?
00:31:03.000 This sort of free radical nonsense is counterproductive.
00:31:07.000 That tweet is so telling.
00:31:08.000 The fight is not over.
00:31:09.000 Now we have to elect a speaker.
00:31:10.000 Okay, who?
00:31:11.000 Who?
00:31:11.000 Who is your preferred candidate?
00:31:13.000 Who is the best?
00:31:14.000 Who is the person who you desperately want to be?
00:31:17.000 Because, let me tell you, if you think that is Chip Roy, Chip Roy yesterday was blasting Matt Gaetz.
00:31:22.000 How about Jim Jordan?
00:31:22.000 A lot of people love Jim Jordan.
00:31:24.000 I like Jim Jordan.
00:31:24.000 Great guy from Ohio.
00:31:25.000 Good representative.
00:31:26.000 Excellent on the House Oversight Committee.
00:31:28.000 Here was Jim Jordan yesterday saying this is ridiculous.
00:31:31.000 Mr. Jordan, how disappointed are you with what happened here?
00:31:35.000 I thought it was unfair to Kevin.
00:31:38.000 Kevin, I think, has done a fine job.
00:31:40.000 He and I came in together.
00:31:41.000 He's a good man.
00:31:42.000 And he didn't deserve this, in my judgment.
00:31:45.000 Will you run for Speaker?
00:31:46.000 That's a decision for the conference.
00:31:50.000 He's a he's a nobody wants this.
00:31:53.000 At least Stefanik doesn't want it.
00:31:54.000 She's the conference chair and she again was endorsing McCarthy.
00:31:58.000 Tom Emmer is the majority whip.
00:31:59.000 He endorsed McCarthy.
00:32:01.000 Steve Scalise endorsed McCarthy.
00:32:04.000 Do you think any of these people are going to be, like, radically better?
00:32:06.000 Do you think any of these people as Speaker, they don't have the power to do the thing?
00:32:11.000 The incentives are not aligned.
00:32:12.000 You have a Democratic Senate, largely thanks to the personal intervention of Donald Trump in Georgia Senate races, losing two Senate seats that should be Republican.
00:32:18.000 You have a Democratic President of the United States because Donald Trump lost to a dead man.
00:32:22.000 So, what is your plan for victory?
00:32:24.000 I keep asking this over and over to every Republican on a presidential level.
00:32:28.000 On a congressional level, on a senatorial level, on a state level.
00:32:31.000 What is your plan to win?
00:32:33.000 What is your plan to win?
00:32:34.000 Because you know what isn't winning?
00:32:36.000 What isn't winning is stabbing yourself directly in the eye with a steak knife.
00:32:39.000 That's not winning!
00:32:40.000 I don't even know why it would look like winning to anyone.
00:32:43.000 I understand you're really mad at the world.
00:32:44.000 I understand that you don't like the way the politics is being run.
00:32:47.000 But you know what doesn't change any of that?
00:32:48.000 Chopping off your own head with an axe.
00:32:51.000 It's so stupid.
00:32:55.000 Never interrupt your opponent while they're making a mistake.
00:32:56.000 First rule of politics, do not interrupt your opponent while they're making a mistake.
00:32:59.000 Democrats have made an unending stream of mistakes.
00:33:02.000 So Republicans naturally are like, hold on there.
00:33:05.000 Hold on there.
00:33:06.000 I need in on this.
00:33:10.000 We'll get to more on all of this in just one moment.
00:33:13.000 First, You know, let's say that you did want to get rid of a speaker of the house for no apparent reason.
00:33:20.000 Or maybe you did.
00:33:21.000 Maybe it was a bad speaker of the house.
00:33:22.000 You wanted to replace him with somebody better.
00:33:24.000 Or say that you have an employee and you don't like him.
00:33:26.000 Like, let's say his name rhymes with Michael Moulse.
00:33:29.000 You're like, he's terrible.
00:33:30.000 For no reason he's been here.
00:33:32.000 Sucking off the teeth of the daily wire for years on end.
00:33:36.000 Just horrifying you daily with his presence.
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00:34:57.000 So all I'm saying here in all of this is there's no substitute for actually winning.
00:35:01.000 The appearance of winning isn't winning.
00:35:03.000 Shouting at the walls isn't winning.
00:35:05.000 Pouring gasoline on yourself and lighting a match isn't winning.
00:35:08.000 So why is Carrie Lake running for Senate in Arizona?
00:35:10.000 Why is that a thing that's happening?
00:35:11.000 Carrie Lake just ran for governor of Arizona and lost to a wet dish rag named Katie Hobbs.
00:35:17.000 She underperformed dramatically how she should have performed.
00:35:20.000 Again, Arizona, very much like Georgia, is a state that should be red.
00:35:25.000 Arizona until very recently had two red senators and a red governor in Doug Ducey.
00:35:29.000 Now it has two blue senators and a blue governor.
00:35:33.000 So why keep dominating people who lost?
00:35:35.000 I mean, first of all, I thought she's already the governor.
00:35:37.000 I mean, how can she be both the senator and the governor at the same time?
00:35:39.000 I mean, it's quite amazing.
00:35:41.000 What is the plan for victory?
00:35:43.000 What is the plan for victory?
00:35:44.000 And doubling down on stuff isn't a plan for victory.
00:35:47.000 I don't understand.
00:35:48.000 You know what else is not a plan for victory?
00:35:50.000 What else is not a plan for victory?
00:35:51.000 Distracting from Joe Biden being a horrifyingly bad president.
00:35:55.000 But the Republican Party seems bound and determined to distract from that by having a primary with too many candidates in it.
00:36:01.000 Tim Scott continues to run an absolutely quixotic campaign.
00:36:05.000 There is no reason for him to be in the campaign.
00:36:07.000 As I've said before, if you want to have like a true interesting fight inside the Republican Party over who is best poised to take on Joe Biden, you need to get rid of some of these candidates.
00:36:14.000 Tim Scott, I like the guy.
00:36:15.000 There is no reason he should be on the stage.
00:36:17.000 Tim Scott is not breaking wind, let alone 3% in the polls.
00:36:21.000 According to Politico, Tim Scott is struggling to break through in Iowa and New Hampshire, but a top campaign advisor is privately lobbying donors to stick with him until the primary reaches his home state of South Carolina.
00:36:31.000 That's absurd.
00:36:32.000 He's not gonna win South Carolina.
00:36:33.000 He's not even outrunning Nikki Haley in South Carolina.
00:36:36.000 He's not outrunning Trump in South Carolina.
00:36:38.000 So what we will get is just a bunch of candidates staying in until South Carolina.
00:36:42.000 Trump will win by default, and maybe that's what you want, but that doesn't seem like a legit nominating process to me in terms of giving Americans a real choice.
00:36:50.000 You need to consolidate the field, pretty obviously, but again, the incentive structure for every candidate is to stay in as long as humanly possible, rather than simply saying, my candidate has no purpose, I'm out, and go back to being a successful senator, Great guy from the state of South Carolina.
00:37:03.000 Instead, I'm just going to stay in.
00:37:05.000 Meanwhile, on the Trump front, Donald Trump is spending his days in the courtroom.
00:37:09.000 Now again, that's not his fault.
00:37:10.000 He's being prosecuted for no apparent reason in New York.
00:37:13.000 They're prosecuting him for fraud despite the fact that the people he supposedly defrauded say that they did not rely on his assertions of value in order to issue loans, for example.
00:37:22.000 So he would say, yeah, my apartment is worth a bajillion dollars and it's three times the size it is.
00:37:27.000 And the loan officer would then say, okay, you know what we're going to do?
00:37:29.000 We're going to do our own appraisal.
00:37:30.000 And then they would do it based on the appraisal.
00:37:33.000 And now they're going after him for like $250 million.
00:37:35.000 I understand it's stupid.
00:37:36.000 And I mean, you can see how drummed up all of this is.
00:37:40.000 And there was a pool camera inside the courtroom the other day.
00:37:44.000 And honestly, the optics of this are so awkward and weird.
00:37:47.000 You've got Letitia James, who's in the background.
00:37:50.000 She's the AG of New York, who's been pledging for years to go after Donald Trump.
00:37:54.000 And she's glaring at Trump in the background.
00:37:55.000 And then the camera makes its way around to Judge Engeron, who is the judge in this case, who is a liberal Democrat, who starts mugging for the camera.
00:38:01.000 It's all gross and stupid.
00:38:03.000 Here's what the pool camera looked like.
00:38:05.000 You're more likely to have cameras in state proceedings, and so it's up to the discretion of the judge.
00:38:12.000 And quite frankly, I'm not too sure that Barbara is going to want to die.
00:38:16.000 I think that Trump views this, the optics of this, is working towards a consensus.
00:38:22.000 People looking at this live picture right now will be either filled with rage, or they will be thrilled.
00:38:29.000 And that's the problem.
00:38:30.000 You have James now being Any mugs for the camera?
00:38:40.000 Our country is such a clown show.
00:38:41.000 It's such a clown show.
00:38:43.000 But is any of this likely to make Joe Biden not president?
00:38:45.000 That's all I care about.
00:38:46.000 Make Joe Biden not the president anymore.
00:38:47.000 2024.
00:38:48.000 That should be the campaign slogan.
00:38:51.000 And again, it's not Trump's fault that he's being dragged into court in this particular case.
00:38:55.000 But if the entire campaign is going to revolve around this stuff, he's not going to win.
00:38:58.000 If the entire campaign is about Donald Trump's legal troubles, he is not going to win.
00:39:02.000 Well now, he's been told to watch what he says and posts or risk ending up behind bars for up to a month.
00:39:07.000 In the second day of the former president's financial fraud trial, Judge Arthur Engeron just issued a limited gag order against everyone in the civil case to stop verbal and social media related posts, posted swipes at members of his staff.
00:39:18.000 Personal attacks on members of my court staff are unacceptable, not appropriate.
00:39:21.000 Engron made clear Tuesday after Trump took a partisan swing at the judge's principal law clerk, Allison Greenfield, on Trump's Truth Social platform.
00:39:28.000 Calling what Trump did, quote, a disparaging, untrue, and personally identifying post about a member of my staff, Engron only cited one of the defendants as the one behind the post, but it was obviously referring to Trump.
00:39:38.000 The now-deleted post showed Greenfield in a picture standing next to Chuck Schumer and called her Schumer's girlfriend.
00:39:44.000 With his long history of going on offense, today is the first time any judge has put the restraints of a gag order on Trump that's according to deadline.
00:39:50.000 And by the way, Engron would love nothing better than to put Donald Trump behind bars for a month.
00:39:54.000 He would love it.
00:39:55.000 It would be his favorite thing in the entire world.
00:39:58.000 Trump, for his part, he is campaigning against the grossly incompetent and fraudulent Letitia James, who I noticed is not the current president of the United States.
00:40:05.000 I'm not blaming Trump for going on offense on this stuff.
00:40:08.000 My point is, if the entire race is about Donald Trump's legal troubles, he's not going to win.
00:40:14.000 I know that's an audacious claim.
00:40:16.000 But if the entire campaign is about that, his chances of victory are a lot slimmer than they would be if the opposite were true.
00:40:21.000 Democrats know this, which is why they are doing it.
00:40:23.000 Now, that can be unfair.
00:40:25.000 It can be wrong.
00:40:26.000 It is unfair, and it is wrong.
00:40:27.000 All of those things are true.
00:40:28.000 Also, you know what my top priority is as a conservative?
00:40:31.000 Joe Biden not being president.
00:40:33.000 That's my top priority.
00:40:35.000 I don't like what they're doing to Trump.
00:40:36.000 I think it's very bad.
00:40:37.000 So, we should all contribute to Donald Trump's legal defense fund, and then we might want to think about nominating a candidate who isn't going to spend the next eight months in the courtroom, spending every dollar that goes into his campaign fund on legal fees.
00:40:49.000 Now, here is Trump yesterday going after Letitia James.
00:40:52.000 But he's been given false information, misleading information, and corrupt information by a very corrupt and incompetent Attorney General, Letitia James.
00:41:03.000 This woman is grossly incompetent.
00:41:06.000 She ran on the basis, I will get Trump without knowing anything about me.
00:41:11.000 So he's been given this information.
00:41:13.000 It's now been proven to be false.
00:41:16.000 Such as Mar-a-Lago and Palm Beach, Florida being worth $18 million, when in fact it's much closer to $1.5 million.
00:41:23.000 At a minimum, she should start looking for the murderers and the criminals, the violent criminals all over New York.
00:41:30.000 Do something about all of the illegal migrants pouring into our city and state.
00:41:37.000 And not spend the next six months in a courthouse Because she's been caught early.
00:41:43.000 Her numbers are fraudulent.
00:41:45.000 She's a fraud.
00:41:46.000 Her numbers are fraudulent.
00:41:48.000 And this case should be dismissed.
00:41:50.000 Okay, again, he's not wrong about any of that.
00:41:52.000 Also, what is everybody talking about today?
00:41:54.000 Now, what they should be talking about is the economic news, because the economic news for Joe Biden is awful.
00:41:58.000 In recession, as I've been saying for months, what goes up must come down.
00:42:01.000 It went up, now it's gonna come down.
00:42:03.000 Where the economy is going, people are holding their money in cash.
00:42:05.000 Every investor I know right now is waiting to see what happens with prices, because essentially, when the economy goes down, that's when everything goes on sale at the store.
00:42:12.000 So there are a lot of people who are waiting to buy up assets when they hit the skids.
00:42:16.000 Right now, they've been artificially bubbled by inflation.
00:42:19.000 But they are going to go down.
00:42:20.000 And it's going to take a little while for the economy to come back.
00:42:23.000 So recession is probably around the corner right now.
00:42:24.000 Shouldn't that be like top of mind for most Americans?
00:42:26.000 In fact, it is top of mind for most Americans.
00:42:28.000 Unless they're focused in on dumb crap.
00:42:31.000 Unless they're focused in on stupidity.
00:42:33.000 Again, there's a reason Democrats are doing this.
00:42:34.000 Strategically, Democrats are putting Trump in the dock in order to make that the top issue.
00:42:40.000 So you might say, okay, well, let's defend Trump by making him the nominee.
00:42:44.000 Then you are in fact giving Democrats what they want, because what they do want is Trump in the dock as the nominee.
00:42:49.000 They can only control one part of that, putting Trump in the dock.
00:42:51.000 They can't control the other part, making him the nominee.
00:42:54.000 I get the emotional temptation to say, okay, well, you know, they want it, let's give it to them good and hard.
00:43:00.000 The problem is, is that going to work?
00:43:01.000 Is that likely to work?
00:43:03.000 Is that going to be beneficial or not?
00:43:06.000 There are so many issues on the Democratic side of the aisle to talk about.
00:43:08.000 Again, Democrats should be historically unpopular right now.
00:43:11.000 If politics were working the way it should work right now, Democrats would have gotten blown out in the last election cycle.
00:43:15.000 Republicans would control the Senate.
00:43:17.000 Republicans lost at least four Senate seats they should have won in the last election cycle, which would have given them like a 53-seat majority in the Senate.
00:43:23.000 Republicans should have had a House majority not of four or five or six votes.
00:43:28.000 They should have had a House majority of 20.
00:43:30.000 Everyone knows this is the case.
00:43:33.000 But again, frustration with the entire system is leading people to think with lower parts of their anatomy rather than their brain.
00:43:42.000 And it's not going to end well.
00:43:43.000 Okay, meanwhile, one of the things that maybe Americans might want to talk about is the giant crime wave that is now engulfing the nation.
00:43:49.000 Again, in cities all over the United States, you have mobs of roving criminals who are doing criminal things.
00:43:54.000 And now, there have been at least two left-wing journalists, social justice advocates, so-called, who have been legitimately murdered in major American cities.
00:44:03.000 Ryan Carson, according to CBSNews.com, a social justice advocate on a mission to make New York a better place, was stabbed to death on the streets of Crown Heights on Monday.
00:44:10.000 People who knew Carson, 32, said he dedicated his life to trying to change things.
00:44:13.000 For the better.
00:44:14.000 I was absolutely in disbelief, said New York Assembly member Emily Gallagher, who knew Carson before becoming a politician.
00:44:19.000 Gallagher and Carson bonded over losing close friends to drug overdoses.
00:44:21.000 with his girlfriend when the suspect approached and asked, what are you looking at?
00:44:23.000 Before stabbing Carson in the chest multiple times.
00:44:26.000 I was absolutely in disbelief, said New York assembly member,
00:44:29.000 Emily Gallagher, who knew Carson before becoming a politician.
00:44:33.000 Gallagher and Carson bonded over losing close friends to drug overdoses.
00:44:36.000 Carson's girlfriend was not hurt.
00:44:38.000 It was so shocking and they're constantly said, Max Sabo from Bed-Stuy.
00:44:44.000 The person was acting irrationally prior to the attack.
00:44:48.000 The police had made no arrests.
00:44:50.000 Now, that is story number one.
00:44:52.000 Story number two, we talked about it briefly yesterday, Josh Krueger.
00:44:55.000 Who is a local journalist and community activist in Philadelphia, a defund the police activist.
00:45:00.000 He was shot seven times inside his own home in Philadelphia.
00:45:04.000 No word on the motive for a shooting.
00:45:05.000 No arrests have been made at this point.
00:45:07.000 Meanwhile, Texas Congressman Henry Cuellar was carjacked at gunpoint in Washington, D.C.
00:45:14.000 So that's, things are going well all over.
00:45:18.000 It's just, it's going great.
00:45:22.000 And then Corinne Jean-Pierre, this is... Democrats have no comeback to the fact that these crimes are occurring in their cities, on their watch.
00:45:28.000 Here is KJP, Corinne Jean-Pierre, world's worst press secretary, trying to blame Henry Cuellar's carjacking on Republicans somehow.
00:45:37.000 If a member of Congress is not safe on the streets of the nation's capital, who is?
00:45:44.000 Look, we're grateful and relieved that the congressman is unharmed.
00:45:49.000 We understand what communities are going through across the country, not just in D.C.
00:45:54.000 That's why the president took action very early on in his administration to get the American Rescue Plan done, without the help of Republicans.
00:46:01.000 It was the American Rescue- Republicans voted against the American Rescue Plan, which passed, by the way.
00:46:06.000 And so it's Republicans' fault that people are getting stabbed to death on the streets of New York.
00:46:11.000 Makes perfect sense.
00:46:12.000 And it's a target-rich environment for Republicans right now.
00:46:14.000 It really, truly is.
00:46:16.000 So.
00:46:17.000 Obviously, that means it's time for Republicans to set up a circular firing squad and go to town.
00:46:22.000 Okay, time for some things I like and then some things that I hate.
00:46:25.000 So, just as Democrats can root for chaos inside the Republican Party, I can root for chaos inside the Democratic Party.
00:46:30.000 Gavin Newsom announced a woman named LaFonza Butler, who is actually a Marylander, for United States Senate.
00:46:37.000 He put out a tweet saying, I'm proud to announce California's new United States Senator, LaFonza Butler.
00:46:41.000 As we mourn the enormous loss of Senator Feinstein, the very freedoms she fought for, reproductive freedom, equal protection, safety from gun violence, have never been under greater assault.
00:46:48.000 LaFonza has spent her entire career fighting for women and girls, and has been a fierce advocate for working people.
00:46:53.000 She used to be a union leader, and she's also the president of EMILY's List, which is a pro-abortion group.
00:46:59.000 But most importantly, says Gavin Newsom, she will make history, becoming the first black lesbian to openly serve in the U.S.
00:47:04.000 Senate.
00:47:04.000 Well, slow clap for diversity, man, because that's the thing that really matters.
00:47:09.000 And sadly, she's not a little person with, and as far as I'm aware, no Native American heritage.
00:47:14.000 But if she had those things, she'd be like, perfect.
00:47:16.000 We should just make her the president by default.
00:47:19.000 She says, Newsom says, I have no doubt she'll carry the baton left by Senator Feinstein, continue to break glass ceilings and fight for all Californians in Washington, which will be good since she's been fighting for Marylanders for quite a while now.
00:47:29.000 Again, Maryland, now the only state in the union with three U.S.
00:47:32.000 senators.
00:47:33.000 So that's exciting.
00:47:33.000 So why do I like this?
00:47:34.000 Well, because again, in California, this is going to cause extraordinary chaos.
00:47:39.000 In his first public remarks about his Senate appointment, Gavin Newsom said Monday, it's completely up to LaFonta Butler whether she runs for the seat previously held by Dianne Feinstein.
00:47:47.000 He had said that he would appoint an interim senator as opposed to like a permanent senator.
00:47:52.000 And so there was speculation that he had said to LaFonza Butler, I'm going to actually appoint you, but you can't run next time.
00:47:57.000 So it'll be an out and out war between Adam Schiff and Barbara Lee, but you can't like, I'll make you the senator, but you're not permanent.
00:48:03.000 Instead, he's just throwing her in there.
00:48:04.000 And now the Democratic Party is going to have to have an intersectionality fight.
00:48:07.000 Oh yeah, the best kind of fight.
00:48:08.000 This is the kind of fight where LaFonza Butler turns to Barbara Lee and says, you are black, but are you a lesbian?
00:48:13.000 Hmm?
00:48:14.000 Do you like the ladies?
00:48:15.000 Because if not, I should be the California senator.
00:48:17.000 Meanwhile, Adam Schiff is over here going, well, I am a, I am a Jewish guy, but that doesn't count as intersectional anymore.
00:48:23.000 So that's awkward.
00:48:25.000 So I'm all in favor of the intersectionality fight in my old home state of California.
00:48:29.000 Newsom said, I think Lafonza Butler is uniquely positioned, simply the best person I could find for this moment in the job.
00:48:33.000 Now, the real reason he appointed Lafonza Butler is he's trying to shore up union support in advance of a possible presidential run should Joe Biden keel over physically in the middle of 2024.
00:48:40.000 We all know this is the case.
00:48:43.000 So he's basically checking off every diversity box he can find in the Senate pick so that he can go back to the crowd and say, to black Americans, I did appoint a black woman.
00:48:50.000 And he can go back to LGBT people and be like, you know who I did appoint?
00:48:54.000 A lesbian.
00:48:54.000 And then he can be like, you know, guys, you know what I did here?
00:48:57.000 I appointed such I pointed a union member, an abortion pro.
00:49:01.000 Like it all boxes checked.
00:49:03.000 Newsome pledged in 2021 to fill the seat with a black woman, if given the opportunity, by the way, my favorite game that
00:49:10.000 the left likes to play in the media on this particular stuff is Newsome
00:49:13.000 will say I need a black And then he appoints a black woman.
00:49:16.000 I said she's appointed because she's a black woman.
00:49:17.000 People are like, how dare you say she was appointed because she's a black woman?
00:49:20.000 She was just the best person for the job.
00:49:22.000 Well, gang, here's the thing.
00:49:24.000 I didn't say it.
00:49:24.000 He said it.
00:49:25.000 In the same way that Kamala Harris was appointed because she is a black woman.
00:49:29.000 That's just the reality.
00:49:30.000 I didn't make the rules.
00:49:32.000 You made the rules.
00:49:33.000 Whatever she decides, the governor said she'd be an ideal candidate for the seat if she chooses to run for it.
00:49:38.000 Said, I've got an incredible appointee.
00:49:42.000 I love this.
00:49:44.000 So, Barbaralee had said it was an insult for Newsom to appoint a black woman to a caretaker role when he had said that he wanted a placeholder appointee so that he wouldn't actually intervene in the election.
00:49:53.000 Barbaralee is, no, they should be permanent.
00:49:55.000 Now Barbaralee has eaten those words.
00:49:57.000 So this is really entertaining stuff.
00:49:58.000 By the way, LaFonza Butler is the most radical senator in America now.
00:50:03.000 She backed a plan to abolish bail across California for criminal suspects.
00:50:08.000 So, Democrats... The fact that Republicans are losing to this party... Alan Simpson was a Republican senator from Wyoming, and he once suggested that American politics was a battle between what he termed the evil party, the Democrats, and the stupid party, the Republicans.
00:50:23.000 And the stupid party continues to be incredibly stupid, and the evil party continues to appoint more and more radical people.
00:50:32.000 So, this is all just great.
00:50:34.000 Okay, time for a quick thing that I hate.
00:50:40.000 So I am, um, I am displeased with the return of Late Night.
00:50:43.000 I'm not sure anybody noticed the return of Late Night.
00:50:45.000 Were they ever gone?
00:50:46.000 Did we care that they were gone?
00:50:47.000 I'm not sure that they did.
00:50:49.000 But, uh, apparently they're all back now.
00:50:51.000 And they are worse than ever.
00:50:52.000 So I'm, I was pretty happy with the writer's strike, to be honest with you, because at least then we didn't have to, uh, deal with this kind of crap.
00:50:58.000 Anyway, Jimmy Fallon announced that he was back last night to the cheers of at least two dozen people in his audience.
00:51:03.000 And, uh, here he was last night.
00:51:06.000 But I had a lot of time, five months, a lot of time to really just sit and think, you know?
00:51:11.000 And I just finally just took a moment and I just realized how grateful I am for all of this and for this show.
00:51:20.000 I really love it.
00:51:26.000 I really...
00:51:27.000 I really love this job.
00:51:30.000 I love doing it.
00:51:31.000 I love telling jokes.
00:51:32.000 I love interviewing people.
00:51:33.000 I love making you laugh.
00:51:35.000 I'm very lucky to have this show, and I want to thank you all for supporting and choosing to have me in your bedrooms at nighttime.
00:51:42.000 Okay, well, you know who doesn't appreciate him?
00:51:44.000 His own employees.
00:51:45.000 And there's a whole article while he was out about how terrible he is to his own staff, but there's that.
00:51:49.000 Meanwhile, the joke writers were back at it, and man, Man, do they have jokes to tell about, wait for it, wait for it, Donald Trump.
00:51:56.000 They're going to tell more jokes about Donald Trump.
00:51:59.000 I don't even know how you could live without jokes from Stephen Colbert about Donald Trump for the past few weeks.
00:52:03.000 I mean, it was, it was a dark time in American history.
00:52:05.000 Here's Stephen Colbert back to telling crappy jokes about Trump.
00:52:08.000 Big Apple also got a visit from Donald Trump today.
00:52:12.000 No, no, you're happy he was here because he's attending a civil trial that he has already
00:52:18.000 lost.
00:52:19.000 Last Tuesday, last Tuesday, last Tuesday, the judge in this case took the rare step
00:52:29.000 of issuing a summary judgment ruling that when it came time for him to apply for loans,
00:52:34.000 Trump persistently committed fraud by inflating the value of his assets and said that Trump
00:52:39.000 was living in a fantasy world, not the real world.
00:52:42.000 Yes, a fantasy world where he won the election, windmills kill whales, and this is 215 pounds.
00:52:51.000 So funny.
00:52:52.000 Man, without those rhetoric, AI could replace those jokes so easily it would make your head swim.
00:52:57.000 Was there a laugh anywhere in there?
00:52:59.000 I'm confused as to where it was.
00:53:01.000 But don't worry, it wasn't just Stephen Colbert.
00:53:03.000 Jimmy Kimmel was back and he also had jokes about a topic you'll never believe what he was joking about.
00:53:07.000 Wait, wait, hold up.
00:53:08.000 Wait, this just in, it was Trump.
00:53:10.000 Whoa!
00:53:11.000 No way!
00:53:11.000 You mean these dumbasses are back at it, joking about Trump?
00:53:14.000 Because they can never tell a joke about a Democrat unless they lose their...
00:53:18.000 Democrat Party wallet card or something?
00:53:21.000 Here is Jimmy Kimmel.
00:53:22.000 At one point Jimmy Kimmel used to be funny.
00:53:23.000 It's pretty amazing how funny he has fallen.
00:53:27.000 Trump is now facing 91 felony counts.
00:53:33.000 91 felony counts.
00:53:34.000 It's like all of Melania's birthday wishes came true at once.
00:53:39.000 Every time something happened in the news, I would get texts asking me if I was bummed we didn't have a show that night.
00:53:43.000 And mostly I was fine, but the one that really got me was when they booked Trump in Georgia and he self-reported his weight at 215 pounds.
00:53:53.000 I almost crossed the picket line for that.
00:53:55.000 I really did.
00:53:56.000 If I was the judge in the case he has going on in New York right now, I'd start the trial, I'd say, listen, look, we're gonna get to the fraud thing, but first, hop up on this scale, big fella.
00:54:06.000 Hmm.
00:54:08.000 Wow.
00:54:08.000 Like, they're all telling the same joke about how he's fat.
00:54:11.000 Man, they're amazing at this.
00:54:12.000 They are so good at this.
00:54:13.000 I'm so glad that the writers are back.
00:54:14.000 How could we have survived without the writers?
00:54:15.000 Alrighty guys, the rest of the show continues right now.
00:54:17.000 You're not going to want to miss it.
00:54:18.000 We'll be getting into an article from the Washington Post claiming America needs more atheists.
00:54:22.000 We'll be getting into that.
00:54:23.000 If you're not a member, become a member.
00:54:24.000 Use code Shapiro.
00:54:25.000 Check out for two months free on all annual plans.