Wild swings roil the stock market as the Federal Reserve plans a rate hike, the Biden administration pulls its VAX mandate, but proposes a new one, and Joe Biden warns that Russia s Ukraine invasion could change the world. We ll get to all the news in just one moment. Today's episode is brought to you by PureTalk, the leading edge of the 5G cell phone network revolutionizing the way we talk to each other and the world, and Ben Shapiro's new podcast, "The Ben Shapiro Show." Subscribe today using our podcast s promo code Ben Shapiro to receive 50% off your first month of coverage at PureTalk. Use the promo code BenShapiro to receive $50 and up to $100 in free shipping when you book your first PureTalk membership. If you don't already have a Puretalk membership, you can save 50% by becoming a member and get 20% off for the first month! You'll get access to all of PureTalk's features, including the latest 5G services, including unlimited 3G and 4G network plans, and a discount on all other premium plans. Go check them out right now! You won't have to wait another month to receive the discount when you sign up! Subscribe to Puretalk! Learn more about your ad choices, including Best Fiends and the best deals on the best rates on the entire service in the entire world! Want to become a Friend of the Show? Connect with me on the Ben Shapiro Podcast? Want more Ben Shapiro? ? Become a supporter of my new show? Subscribe & Review Ben Shapiro is a Friend Of The Show? Let me know what you think of Ben Shapiro can do for you and I'll send you a review and rate Ben Shapiro will be giving you a shoutout! Thanks Ben Shapiro s best tips on what he's listening to you get a chance to win $5,000 and more! I'll be giving Ben Shapiro an ad-free version of this episode of The Ben Shapiro show on his next episode next week! He'll also be giving out a shout-out in the next episode of his new book out on Monday, coming out on his new podcast "Ben Shapiro's New York Times bestselling book "The Best Thing I'm Working Week" out on Tuesday, the next Monday, The Best Thing He's Gave Me That's Good at That's a Real Good at It?
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00:01:32.000Alrighty, so the stock market is just bouncing around like crazy as everybody expects the Federal Reserve to announce a rate hike any day now. That rate hike would probably take effect in March. According to the Wall Street Journal, U.S.
00:01:45.000stock indices tumbled, partly recovered, and then retreated again in a second straight day of tumultuous trading, highlighting investor anxiety over the likely path of Federal Reserve interest rate increases ahead of the central bank's regular meeting.
00:01:56.000Tuesday's trading continues a topsy-turvy start to 2022 for stocks, which has dragged the S&P 500 down 8.6% on track for the worst month since March 2020.
00:02:06.000All three major indices fell on Tuesday, though they closed well off session lows.
00:02:10.000The S&P 500 fell 1.2%, the technology-heavy Nasdaq fell 2.3%, and the blue-chip Dow Jones Industrial Average closed down 0.2%.
00:02:21.000The moves followed another jarring intraday reversal on Monday.
00:02:24.000The Dow recovered from losses of more than a thousand points for the first time in history.
00:02:27.000The Nasdaq recorded its biggest reversal since 2008.
00:02:30.000What this really does betray is the simple fact that nobody really knows whether we're about to enter a recession or whether this is all sort of transitory based on Joe Biden's crappy policy.
00:02:41.000The hope is that when the Federal Reserve hikes the interest rates, there'll be a temporary spike in unemployment and then the economy will sort of even out because we won't have the superheated inflation we have seen under Joe Biden.
00:02:50.000Also, the hope is that because Joe Biden really does not have control of Congress at this point, that we have hidden ends, the artificial stimulus that has driven exorbitant spending and massive bubbles in literally every area of the economy.
00:03:02.000So investors who are smart are doing what you usually do in buying the dip.
00:03:06.000This is what I'm doing, and I never give investment advice, but here is my investment advice.
00:03:10.000Do not start selling off all of your stocks.
00:03:13.000If you can afford to wait it out, wait it out.
00:03:15.000My favorite stock market story is the Warren Buffett story.
00:03:18.000It may be apocryphal, I think it's not, in which Warren Buffett was asked in 2008 about having lost a billion dollars over the course of the stock market crash.
00:03:26.000And he said, what are you talking about?
00:03:32.000If you don't actually realize the losses, the losses don't exist.
00:03:35.000In the same way that if you don't realize the gains, the gains do not exist.
00:03:38.000Okay, that said, it is Joe Biden's crappy policy that is leading to all of this uncertainty in the markets.
00:03:45.000In fact, the Federal Reserve is likely to signal March infrastrate hike and that policy tightening is coming.
00:03:50.000According to CNBC, the Federal Reserve is expected to signal at its meeting this week it is ready to raise interest rates as soon as March, and that it will consider other policy tightening, reversing the easy policies it put in place to fight the pandemic.
00:04:01.000The Fed begins its two-day meeting on Tuesday.
00:04:03.000On Wednesday afternoon, the central bank is expected to issue a new statement that shows it has resolved to fight inflation against the backdrop Of a violent stock market correction, Fed officials are expected to say they are ready to push up the Fed funds rate from zero as soon as March.
00:04:18.000short rate strategy at Bank of America says we don't expect them to sound dovish.
00:04:21.000The bond market seems to be reacting to the drop in equities, plus the geopolitical tensions, so maybe the Fed sounds not as hawkish as they otherwise would be.
00:04:28.000But we don't think the Fed is going to come out and tell the market it's wrong for pricing in four rate hikes this year.
00:04:33.000Four rate hikes would be a lot of rate hikes this year.
00:04:34.000This is because, of course, of the superheated monetary policy pursued not only during the Biden administration, but in 2020, when the federal government's preferred strategy was to tell you to stay home and then pour money into your pocket, rather than pursuing something that looked like a reasonable strategy, whereby we shielded the vulnerable and told everybody else to go back to work.
00:04:53.000According to CNBC, the Fed has found itself in its first major battle with inflation in decades.
00:04:58.000After two years of super easy policies implemented to counter the economic and financial impact of the pandemic, the consumer price index in December rose 7%, which was the highest in 40 years since 1982.
00:05:10.000The stock market selloff has actually made the Fed's job more difficult because with the stock market dipping into correction territory and the pandemic continuing and Russia threatening military action against Ukraine, The Fed is worried that if they raise the rates at this point, that the economy is still grappling with uncertainty.
00:05:26.000Powell is supposed to brief the media today.
00:05:28.000The Fed is releasing its announcement at 2 p.m.
00:05:32.000And again, his tone is expected to sound hawkish.
00:05:34.000Also, the Fed has been discussing paring back their nearly $9 trillion balance sheet, which more than doubled during the pandemic.
00:05:41.000At their December meeting, central bank officials discussed the balance sheet.
00:05:43.000Some strategists expect the wind down to begin in June or even as early as May.
00:05:47.000And remember what the Federal Reserve tends to do is it buys up all sorts of assets from the market in order to inject money into the economy.
00:05:54.000The central bank's asset purchase program, scheduled to end in March, has been the primary contributor to the size of the balance sheet.
00:06:00.000The Fed has been buying $120 billion of treasury and mortgage securities a month, but has been tapering back.
00:06:05.000Once it ends the program, then they have to figure out exactly how they sell all of these assets they currently own.
00:06:10.000The Fed currently replaces securities that are maturing with market purchases.
00:06:14.000It could change that operation and make other moves, like altering the duration of the securities it holds, trying to put those assets back on the market and suck some money out of the economy.
00:06:23.000Apparently, this is having an impact on the market, obviously.
00:06:27.000Barry Knapp, the head of research at Ironside's Macroeconomics, said the stock market's decline was not a surprise.
00:06:31.000The 11% drop in the S&P 500 as of Monday was consistent with the average decline after other Fed tightening moves.
00:06:38.000Again, none of this had to be pursued in the first place.
00:06:40.000Loose monetary policy was, at least largely, the cause of the 2008 crash.
00:06:46.000It is now going to be the cause of whatever comes next right here.
00:06:50.000Meanwhile, the United States is experiencing a significant problem with computer chips.
00:06:54.000So, the historian Neil Ferguson, he has suggested in the past that the future wars will not be fought over resources like oil or gas or coal.
00:07:04.000The future wars will be fought over microchips because it is the supply of chips that is going to determine the technological development of the future.
00:07:12.000Right now, the United States is in a bad situation because so many of the manufacturers of this sort of hardware are not in the United States.
00:07:19.000According to the Washington Post, manufacturers and other buyers of computer chips had less than five days' supply of some chips on hand late last year, leaving them vulnerable to any disruption in deliveries, according to the Commerce Department.
00:07:31.000The report highlighted the severity of a global shortage that has hobbled manufacturing and fueled inflation for more than a year and that defies easy solutions.
00:07:37.000Manufacturers' median chip inventory levels have plummeted from about 40 days' supplies in 2019 to five days, according to a survey of 150 companies worldwide the Commerce Department conducted in September.
00:07:48.000The Commerce Department concluded, quote, This means a disruption overseas, which might shut down a semiconductor plant for two to three weeks, has the potential to disable a manufacturing facility and furlough workers in the United States if that facility only has three to five days of inventory.
00:08:02.000The lack of chip inventory leaves auto manufacturers and other chip users with no room for error.
00:08:06.000And remember, of course, that these chips are in everything.
00:08:09.000They're in your cell phone, they're in your computers, they're in your cars.
00:08:13.000According to the Commerce Secretary Gina Raimondo, she says a COVID outbreak, a storm, a natural disaster, political instability, problems with equipment, really anything that disrupts a chipmaking facility anywhere in the world, we will feel the ramifications here in the United States.
00:08:25.000A COVID outbreak in Malaysia has the potential to shut down a manufacturing facility here in America.
00:08:30.000That's why Raimondo is urging lawmakers to pass a proposal for $52 billion in federal subsidies to incentivize construction of chip factories.
00:08:38.000And this actually is not the worst idea in the world.
00:08:41.000I mean, the simple fact is that for national security purposes, there are certain industries that the United States needs to insource rather than outsource.
00:08:47.000We saw this with regard to medical equipment and PPE during the pandemic.
00:08:50.000This also obviously exists with regard to chip production.
00:08:53.000Because if the chips disappear off the world market and the United States is left holding the bag, meanwhile all of the chip production facilities are in China, and China is exerting, for example, control over the shipping lanes with regard to Taiwan, that's a disaster area for the United States.
00:09:08.000The Senate did pass the measure last year.
00:09:10.000After months of delay, the House on Tuesday introduced its own version of the legislation, which matches the Senate's $52 billion appropriation.
00:09:16.000In a statement, Speaker Pelosi says she aims to get the bill to the President's desk as soon as possible.
00:09:20.000Industry executives say federal funding is likely to create more long-term supply of chips, but it's not going to alleviate the short-term shortages because chip factories take years to build.
00:09:29.000Survey respondents said these shortages are not going to go away in the next six months.
00:09:34.000Some industry executives say they could last into 2023.
00:09:38.000The report found computer chips based on older technology are in short supply, creating special problems for manufacturers, including automakers, and boosting production of that sort of chip will be challenging because the profit margins aren't nearly as high, obviously, because these are older chips and they are not driven toward the future.
00:09:52.000A lack of chips forced auto manufacturers worldwide to idle factories and slash output by as much as 7.7 million cars last year, causing shortages of new and used vehicles that collapse in auto sales to consumers because of the chip shortage, shaved more than two percentage points from U.S.
00:10:07.000GDP growth in the third quarter alone.
00:10:11.000The United States has failed to insource some of this because we were reliant on global supply chains.
00:10:17.000Listen, I'm a fan of global supply chains.
00:10:18.000It is what allows you to have a cheap iPhone.
00:10:20.000However, the fact is that when you are relying on countries like China and not countries like, say, Malaysia or Indonesia or Taiwan for your chips, you got a real problem.
00:10:29.000And this is why global politics matter when it comes to foreign policy.
00:10:33.000It really matters who is in control of the resources.
00:10:35.000It really does matter how these supply lanes are kept open.
00:10:39.000It really does matter whether the areas in the world that are most responsible for the mining of rare earth minerals fall into the hands of opponents of the United States.
00:10:48.000This is why the sort of isolationist, let's keep our hands off routine, that doesn't work particularly well when you're talking about ensuring that the United States remains a global superpower.
00:10:58.000Some lawmakers, like Bernie Sanders, voice opposition to the subsidies, saying the semiconductor industry is highly profitable and doesn't need federal aid, but that's really not the question.
00:11:05.000The point that Raimondo is making, and she is correct, is that the cost of building chip factories is higher here in the United States.
00:11:12.000So generally, I'm not in favor of subsidies.
00:11:13.000The only reason that I'd be in favor of a subsidy here is because it's an actual national security issue.
00:11:18.000And the fact that all of this is happening is a reflection, of course, of bad policy from the top down.
00:11:23.000You can't blame Joe Biden for the shortage in chip manufacturing here in the United States right now, except that he was vice president under Barack Obama when we really didn't do enough to increase our chip production here in the United States and insource a lot of the vital manufacturing production that we need in the United States.
00:11:37.000I'm not a fan of cracking down on free trade because we have to subsidize American industry just per se.
00:11:43.000I am a fan of ensuring that America's opponents don't have control over vital choke points in the global economy and also making sure that America's opponents do not have control of the things that we need in order to ensure that our economy keeps running.
00:11:57.000But this is not a competent administration, and so I really don't trust them to get us on track, unfortunately.
00:12:03.000In just one second, we'll get to Ron Klain, who is now receiving the sort of deuce smacking around that he should be getting, because the media have to find somebody other than Biden to blame.
00:12:12.000So Ron Klain's head is now going to be on the chopping block first.
00:13:32.000Actually, it just turns out he's crappy at his job.
00:13:34.000According to the Washington Post, as Joe Biden closed in on the 2020 Democratic presidential nomination, top advisors approached him with a careful process for choosing and vetting a potential White House chief of staff.
00:13:44.000Biden cut them short, pointing to one man whose experience in government outstripped anyone else.
00:13:50.000But throughout his first year on the job, Ron Klain and his sterling credentials have repeatedly bumped up against unusual challenges of governing in today's Washington.
00:13:57.000He drew the ire of key Democrats in Congress antagonizing both Speaker Nancy Pelosi and Senator Joe Manchin.
00:14:04.000On the single biggest challenge facing the White House, Klain at times irked the administration's top official in charge of COVID response, pushing Jeff Zients and his team to move faster in ways they found counterproductive.
00:14:14.000Klain, 60, is praised by many in the White House and on Capitol Hill for his responsiveness and organizational abilities, and most important, is said by close associates of President Biden to retain his confidence.
00:14:23.000But even some allies suggest that Klain's approach is not necessarily producing the desired results.
00:14:28.000Senator Richard Blumenthal, Democrat of Connecticut, says, I think by and large he's making the trains run on time, even though some of the boxcars may seem to be empty some of the time.
00:14:37.000This account of Klain's turbulent years is based on interviews with more than 60 White House and administration officials, cabinet secretaries, members of Congress, and other Klain associates.
00:14:45.000Some spoke on condition of anonymity because they didn't want to offend anybody.
00:14:49.000The White House aides have been highly protective of Klain's image.
00:14:52.000His team arranged interviews for this article with senior West Wing officials whom they rarely make available for articles involving White House policy or political strategy.
00:14:59.000Klain himself talked with the Washington Post.
00:15:01.000He said, we're going to try to find ways to do congressional meetings earlier in the day, later in the day, so maybe during the day Joe Biden can go out, be in public.
00:15:09.000And just try to lessen the extent to which it becomes the central narrative about what he's doing with his time.
00:15:14.000Many allies and even some critics say Klain was the best choice for the job.
00:15:17.000They point to the White House success in creating jobs and vaccinating millions of Americans.
00:15:22.000Among the strongest criticisms of Klain, however, come from Democrats who say that he has forged an alliance with the party's left that has undercut Biden's effectiveness and hurt his political image.
00:15:31.000The sore point was Biden's decision in late October not to press House Democrats to vote immediately for the bipartisan infrastructure bill as Pelosi and her allies wanted.
00:15:39.000Liberal Democrats preferred to wait until they could ensure that they could push Build Back Better.
00:15:43.000Biden's senior staff was united behind his decision to hold off, according to a White House official.
00:15:48.000But many people were pissed off at Ron Klain because of his frequent conversations with Congressional Progressive Caucus Chairwoman Pramila Jayapal.
00:15:54.000So, in other words, the infighting has now begun inside the White House.
00:15:57.000Joe Biden has stood by Klain, even though Klain has shifted well to the left.
00:16:02.000Apparently, Klain says he has no timetable for staying in his position.
00:16:05.000He hinted that he could take only so much.
00:16:08.000He noted that the first chiefs of staff are Presidents Bill Clinton and Barack Obama left before the two years were up.
00:16:14.000So, Klain, the clock is ticking on him, of course.
00:16:19.000I do love how the Washington Post describes Klain.
00:16:21.000Klain's resume is almost impossibly glittering.
00:16:43.000Klain's office sits just down the hall from Biden's.
00:16:46.000Inside sits a large white poster board, sectioned off as a monthly calendar, plastered with sticky notes, which he said he uses during Saturday meetings to map out what the president does.
00:16:54.000White House officials say Klain regularly pokes fun at himself and his Twitter habit in meetings, sometimes expressing his opinion with the caveat, I'm just a middle-aged, overweight white guy.
00:17:03.000They also regularly give him a hard time about his voracious consumption of soda.
00:17:06.000Specifically, Klain is deeply attached to Tab.
00:17:13.000So the Washington Post did a hit piece about Ron Klain and how he is botching everything.
00:17:16.000They do make sure to note that he's a super nice guy who loves tab, which is fascinating.
00:17:21.000Meanwhile, the White House has no idea what Joe Biden does on a daily basis.
00:17:24.000Jen Psaki yesterday was asked what Joe Biden was doing, you know, while Russia was threatening Ukraine's border and while inflation was running out of control.
00:17:31.000So here was Jen Psaki's answer as to what Joe Biden was doing yesterday.
00:17:36.000The President has nothing on his schedule today aside from the PDB.
00:17:39.000Can you shed any light on how he's spending his day?
00:17:45.000This morning I think he had some policy meetings, also a PDB meeting.
00:17:50.000He, later this afternoon, I think is doing some remarks review.
00:17:56.000There are some days that we spend some time doing internal meetings and discussions with policy experts, with policy leaders, and that's what's happening today.
00:18:20.000Also, this administration laser focused on the problems of the people.
00:18:23.000Here was Kamala Harris, the wildly unpopular vice president yesterday, talking about where this administration has put its focus.
00:18:30.000We are focused on the most vulnerable.
00:18:34.000And based on my experience, the most vulnerable are women and girls, racial and ethnic minorities, LGBTQI plus people, indigenous people, people with disabilities, migrants, and children in the foster care system.
00:18:53.000When we identify who is most vulnerable, we can tailor our tactics and improve our strategy.
00:19:02.000So all of their tactics are tailored toward the most vulnerable, which includes a majority of American citizens.
00:19:07.000I like how she just throws women in there.
00:19:20.000Women, as a category, to that litany of the victimized in American society, she's now talking about about 70% of the American population, right?
00:19:31.000That would be like 70% of the American population.
00:19:33.000Basically, she should have just said everyone who is not a straight white male.
00:19:36.000Everyone who's not a straight white male is a victim in our society.
00:19:39.000And she's saying this from her perch as Vice President of the United States, saying we are going to direct policy to the benefit of these specific groups, which actually suggests that the people who are the victims of the Kamala Harris-Joe Biden administration are the straight white males.
00:19:51.000And she is explicitly saying the only people she is not governing on behalf of are the straight white males, which is pretty astonishing.
00:19:58.000Things are going great for the Biden administration just across the board, just astonishingly well.
00:20:04.000Meanwhile, Joe Biden, did take a break from eating ice cream yesterday to say that Russia invading Ukraine could change the world. It would be the biggest invasion since World War Two. He's not wrong about that.
00:20:15.000The only question is why he set up an incentive structure so that Russia would invade Ukraine again.
00:20:19.000There will be enormous consequences if he were to go in and invade as he could the entire country, or a lot less than that as well, for Russia, not only in terms of economic consequences and political consequences, but it will be enormous consequences worldwide.
00:20:42.000This would be the largest, if he were to move in with all those forces, it would be the largest invasion since World War II.
00:20:50.000Okay, now Biden has started to make some moves that are a little more aggressive.
00:20:54.000Yesterday, he was not going to rule out sanctioning Vladimir Putin personally, so freezing foreign bank accounts, although Vlad is not really going to care.
00:21:00.000I mean, he's hidden his money in a variety of places, including places that the West does not have control over.
00:21:05.000Here is Joe Biden saying yesterday that he's not going to rule out sanctioning Vladimir Putin personally.
00:21:10.000Watching one of you on television pointing out the fact that, and I think you've got it right, whoever it was, I'm embarrassed, I don't remember who, saying that this is all Putin.
00:21:21.000I don't think even his people know for certain what he's going to do.
00:21:24.000Would you ever see yourself personally sanctioning him if he did invade Ukraine?
00:21:34.000Okay, in positive moves, and you gotta give credit where it's due.
00:21:36.000The Biden administration did announce on Tuesday it would work with gas and crude oil suppliers from the Middle East, North Africa, and Asia to bolster supplies to Europe in the coming weeks, should Russia try to cut off fuel shipments in the escalating conflict over Ukraine, according to the New York Times.
00:21:50.000European allies have been cautious in public about how far they would go in placing severe sanctions on Moscow if it invades Ukraine.
00:21:55.000Germany has been especially wary because the Germans can always be Okay, with that said, you know what would have been a lot easier is if we had not greenlit the Nord Stream 2 pipeline and allowed Europe to become significantly more dependent on the Russian natural gas and oil industry.
00:22:14.000That definitely would have been a lot better to start.
00:22:17.000Okay, in just one second, we will talk about the immigration problems that continue to plague this administration as well.
00:22:23.000Plus, we need to get to, I think, some insane cultural battles of the day.
00:22:28.000Let's talk about how much money you are spending on gas.
00:22:30.000So you think that the Russians are in control of the European gas supply?
00:22:33.000Well, over here in the United States, thanks to canceling things like the Keystone XL pipeline and making us more dependent on foreign oil as well as inflation, your gas is just too expensive.
00:22:41.000Well, what if I told you There was a way for you to be saving $0.25 per gallon on every gallon of gas that you get.
00:22:48.000Well, that's exactly what's happening with the free GetUpside app.
00:22:50.000You can get that free GetUpside app in the App Store or Google Play right now.
00:22:54.000Use promo code SHAPIRO, get a bonus $0.25 per gallon on your first fill-up.
00:23:15.000It's your bank account, PayPal, or an e-gift card for Amazon and other brands.
00:23:19.000Just download that free GetUpside app, use promo code SHAPIRO, get up to $0.50 per gallon cash back on your very first tank of gas.
00:23:25.000That is promo code SHAPIRO when you get that free GetUpside app and get up to $0.50 per gallon on your first tank of gas and $0.25 per gallon after that.
00:23:36.000Meanwhile, when it comes to the Ukraine situation, the good news is that this administration is so in control of themselves that they're mocking Donald Trump.
00:23:44.000So Peter Doocy, or as Joe Biden calls him, that son of a bitch, Peter Doocy asked the Biden administration, asked Jen Psaki, about whether a hashtag has ever stopped an authoritarian, since it seems like this administration is very into hashtag diplomacy.
00:23:59.000So here is Jen Psaki turning that around and trying to ridicule Donald Trump over it.
00:24:03.000The Secretary of State a few days ago tweeted, I hashtag stand with Ukraine.
00:24:10.000Has that ever worked at stopping an authoritarian regime from doing anything?
00:24:17.000I will have to say that unlike the last administration, we don't think Twitter is the only means of engaging or negotiating or discussing important topics.
00:24:28.000I mean, I'm sorry, but that's not true.
00:24:30.000It was Barack Obama's administration where Jen Psaki was holding up the hashtag free our girls or whatever it was with regard to Boko Haram.
00:24:37.000So hashtag diplomacy started under Barack Obama.
00:24:39.000But of course, it is always about Trump and Trump and nothing else because they've got nothing else.
00:24:43.000I mean, meanwhile, they're just releasing single migrants into the United States, according to the New York Post.
00:24:48.000Dozens of single, mostly male adult migrants were shuttled from a makeshift processing center in Texas to a local airport for flights to various United States cities, marking the first time such transfer has been captured on video amid the ongoing border crisis, according to a report.
00:25:01.000On Tuesday, the scene began unfolding Sunday outside a parking garage in Brownsville, where a makeshift processing center was set up in a vacant office, according to Fox News.
00:25:08.000A video recording shows a line of men and women being escorted into the office, after which some of them left and got into taxi cabs that arrived to pick them up.
00:25:15.000Fox News said it followed the cabs to Valley International Airport in Harlingen, about 30 minutes away, where some of the migrants reportedly said they'd been smuggling across the border with Mexico after paying a criminal cartel $2,000 apiece.
00:25:26.000The migrants said they were headed to Atlanta, Houston, and Miami, according to Fox News.
00:25:32.000That revelation came one day after updated figures from U.S.
00:25:35.000Customs and Border Protection showed that more than 178,000 migrants were apprehended at the southern border last month.
00:25:44.000Almost 200,000 migrants were apprehended at the southern border last month, the highest number for any December on record.
00:25:50.000The figure is higher than the total number of migrants, 175,000, stopped during the past three Decembers combined.
00:26:09.000The shuttling of migrants into the interior of the United States echoes a New York Post report last year in which plane loads of underage migrants were flown into the Westchester County Airport north of New York City.
00:26:19.000The Post saw some of those children transported in buses to a non-profit residential center on Long Island and to a service area on the New Jersey Turnpike where they were met by unidentified adults and driven away in cars.
00:26:29.000Fox News said what it witnessed was unusual because single adult migrants typically are expelled from the United States under a federal law known as Title 42, which allows the government to deny people entry to prevent the spread of COVID-19.
00:26:41.000Trump invoked Title 42 after the COVID-19 pandemic struck, and Joe Biden continued the practice.
00:27:03.000He wants the census data to reflect a huge number of migrants from countries south of the border because his presumption is, whether it's accurate or not, his presumption is that these people will vote Democrat. That is Joe Biden's presumption.
00:27:15.000That is the reason he is not closing the border. He has every ability to turn people away. He has every ability to send people back south of the border. And he has worked diligently to undermine many of the same agreements that Donald Trump put in place.
00:27:27.000And then, of course, Joe Biden, when he gets caught with his hand in the cookie jar, he's had to put those agreements back in place, like the remain in Mexico policy, where people are supposed to wait in Mexico before being granted the capacity to apply for asylum in the United States.
00:27:39.000Jen Psaki was asked about what was caught on video yesterday, and she said she knows nothing, nothing.
00:27:45.000Why is it that large numbers of single adult men are being released into the United States just hours after being apprehended at the southern border?
00:27:54.000Well, I'm not sure the specifics of what you're referring to, Peter.
00:27:57.000What I can tell you in terms of what our policy is and how we're approaching the border is that we continue to be under Title 42.
00:28:05.000Migrants who cannot be expelled under Title 42 are placed into immigration proceedings.
00:28:10.000And one of those avenues could be placement in an alternative to detention program in the interior of the United States.
00:28:18.000Okay, so in other words, I don't know what's going on, but also, yes, we are just shipping people into the interior of the United States.
00:28:24.000I mean, this administration is actively fomenting illegal immigration while claiming that they are not doing so, which is why you're seeing record numbers of people attempting to cross that southern border while Joe Biden is president.
00:28:36.000They said this clearly on video multiple times.
00:28:38.000We've had interviews with people, asked why they are coming now.
00:28:41.000The answer is because Joe Biden is president.
00:28:43.000It is almost impossible how bad this guy is at this job.
00:28:46.000Meanwhile, the Biden administration announced on Tuesday that it is withdrawing its current emergency order mandating large employers vaccinate or regularly test their workers for COVID-19.
00:28:55.000Instead, they're pushing for a permanent rule.
00:28:57.000So it doesn't matter that COVID-19 is now endemic.
00:29:00.000It does not matter that Omicron has hit just about everybody, that it is wildly transmissible, that you're going to get it inside work or outside work, but you are going to get it and then you'll be okay.
00:29:09.000The Occupational Health and Safety Administration will formally withdraw its order on Wednesday according to a draft of a memo to be published in the Federal Register.
00:29:16.000The agency is not dropping the rule entirely, however, planning to keep the order as a proposed rule.
00:29:22.000According to the memo, Although OSHA is withdrawing the Vaccination and Testing ETS as an Enforceable Emergency Temporary Standard, OSHA is not withdrawing the ETS to the extent that it serves as a proposed rule under Section 6C3 of the Act.
00:29:36.000This action does not affect the ETS' status as a proposal under Section 6B of the Act.
00:29:41.000In other words, they're saying we're withdrawing this for practical application, but we are using it as a model to try and develop further OSHA rules pushing vaccines.
00:29:50.000A spokesperson for the Labor Department said OSHA is evaluating the record and the evolving course of the pandemic.
00:29:54.000OSHA has made no determinations at this time about when or if it will finalize a vaccination and testing rule.
00:29:59.000The agency intends to work expeditiously to issue a final standard that will protect healthcare workers from COVID-19 hazards.
00:30:05.000Okay, so it sounds like they are continuing to withdraw the Private business mandate, but they're going to continue to cram down the health care mandates, despite the fact that you now have states like California who, rather than sending unvaccinated people who have already had COVID-19 and now have natural immunity back into hospitals, people who are not positive for COVID-19 right now, they would rather send in vaccinated people with COVID-19 to hospitals, which of course makes no sense whatsoever.
00:30:30.000Meanwhile, the Biden administration has decided that it's a great move to bar states like Florida from distributing monoclonal antibodies like Regeneron, and Jen Psaki defended the FDA's decision to withhold treatments from Florida specifically, and then she treated monoclonal antibodies as though they were some sort of mythical cure.
00:30:51.000Now, monoclonal antibodies are not working the way they should against Omicron.
00:30:54.000However, they were quite effective with regard to Delta, and this administration spent months downplaying their effectiveness, and then turned around and basically seized centralized production and distribution of the monoclonal antibodies and took them away from Florida.
00:31:08.000It's so obvious that this administration is at war with Governor DeSantis and the state of Florida, my home state.
00:31:16.000We have provided 71,000 doses of antivirals to Florida, including 34,000 additional treatments that do work against Omicron, just this last week.
00:31:25.000I'm sorry, of a range of those treatments, I should say, to be clear.
00:31:29.000What the FDA is making clear is that These treatments, the ones that they are fighting over, that the governor is fighting over, do not work against Omicron and they have side effects.
00:31:39.000That is what the scientists are saying.
00:31:41.000We have sent them 71,000 doses of treatments that are effective against Omicron and are effective also against Delta.
00:31:49.000And they are still advocating for treatments that don't work.
00:31:55.000Again, why you are preventing people from getting monoclonal antibodies?
00:32:00.000It's far less effective against Omicron by the available data at this point.
00:32:05.000And again, it was the Biden administration that attempted to prevent the distribution of monoclonal antibodies in the middle of the Delta spike a little bit earlier this year.
00:32:14.000Meanwhile, Ron DeSantis said that 2,000 Floridians had their treatments canceled because of Joe Biden.
00:32:28.000It's not clear this is not something that's not going to be of benefit.
00:32:32.000It may not be as good as it was against Delta, but we'd like to have that here for patients to be able to do it.
00:32:37.000Why is the FDA openly banning it and treating it like it's some sort of unproven treatment with regard to other forms of Omicron?
00:32:43.000This has much more to do with the politics of distribution than it has to do with the actual attempts by this administration to prevent people from taking, essentially, placebos.
00:32:57.000Meanwhile, here's an insane story for you with regard to COVID.
00:33:02.000According to the UK Daily Mail, an unvaccinated, gravely ill 31-year-old father of two has now been taken off the donor list for a heart transplant because he doesn't want to take the COVID vaccine.
00:33:11.000TJ Ferguson, who has a hereditary heart condition that causes his lungs and heart to fill with blood and fluid, was denied the life-saving organ transplant by Boston Brigham and Women's Hospital, a teaching hospital over at Harvard Medical School.
00:33:22.000The hospital said it removed Ferguson from the donor list because all transplant recipients need to get the vaccine in order to create both the best chance for successful operation and also the patient's survival after transplantation.
00:33:33.000The hospital, which has a list of protocols for transplant candidates that include a ban on lifestyle choices like smoking and alcohol, said that requiring the COVID vaccine is common in many medical centers throughout the country.
00:33:43.000The mortality rate for transplant recipients who get COVID is more than 20% according to UCHealth.
00:33:50.000Ferguson's family is considering transferring him to another hospital.
00:33:52.000His wife said that he may be too weak to move.
00:33:56.000Dr. Arthur Kaplan, head of the medical ethics at NYU Grossman School of Medicine, told CBS Boston vaccination is a requirement for transplants because after receiving a new organ, patients' immune systems are essentially switched off.
00:34:06.000They say the flu could kill you, a cold could kill you, COVID could kill you.
00:34:10.000We're not going to distribute them to someone who has a poor chance of living when others who are vaccinated have a better chance post-surgery of surviving.
00:34:17.000And this, of course, is not the first person who has been denied a transplant because of failure to get vaccinated.
00:34:28.000I think that particularly somebody like this who is severely immunocompromised should absolutely be getting the vaccine.
00:34:34.000However, if we are going to start playing this game, Where we deny life-saving treatments to people because of personal decisions with regard to vaccines.
00:34:41.000I'm just wondering if we can do the same with obesity.
00:34:44.000They're doing the same with smoking and alcoholism, so at least there's a certain level of consistency there.
00:34:48.000I'm just wondering if you broadly apply this sort of stuff across the medical system.
00:34:52.000Are we actually going to hold people accountable for their healthcare decisions now?
00:34:55.000I'm okay with it, but I just want to know if you guys are on the libertarian side.
00:34:59.000Are you now libertarians with regards to this sort of stuff?
00:35:01.000If so, then let's be libertarian all the way across the board.
00:35:05.000In just one second, we'll get to some insane cultural battles that have now broken out with regards to the left trying to shut people down first.
00:35:13.000Let's talk about a new podcast that you should give a listen to.
00:35:15.000I'm talking, of course, about the Jordan Harbinger podcast.
00:35:18.000This is an entertaining, informative podcast that is packed with actionable content.
00:35:22.000It's about time you check out the Jordan Harbinger Show.
00:35:24.000It's a top-shelf podcast named Best of Apple in 2018.
00:35:29.000Jordan dives into the minds of fascinating people from athletes to authors to scientists to mobsters to spies.
00:35:34.000You're always going to get something interesting.
00:35:36.000Whether you're talking about an episode with Kobe Bryant or one with Dan Carlin or maybe one with Scott Adams or Oliver North, Harbinger has an undeniable talent for getting his guests to share never-been-heard-before stories and thought-provoking insights without fail.
00:35:48.000He pulls out tactical bits of wisdom in each episode, all with a noble cause to make you more informed, more critical with regard to your thinking, and better able to operate in today's world.
00:37:03.000Also, as you know, we have launched our own publishing wing, DW Books.
00:37:07.000If it is true, it's probably not getting published by anybody else because we are proud to be publishing two books actively fighting the left's monopoly on storytelling.
00:37:14.000The first is 12 Seconds in the Dark by Sergeant Mattingly.
00:37:17.000This is the true story of what really happened the night of the tragic Breonna Taylor shooting.
00:37:20.000This became a flashpoint in the anti-police wars waged by the left And now, we have the inside story from Sergeant Mattingly, a 20-year police veteran.
00:37:29.000It takes readers inside his department's response and debunks the lies that have been recklessly shared with the public.
00:37:33.000This was a book that was decommissioned by Simon & Schuster.
00:37:36.000Simon & Schuster was about to publish it, and then they decided, we're not going to do it because we're afraid of the blowback.
00:37:40.000Well, we don't care about the blowback here at DW Books.
00:37:49.000He sets the record straight on the Black Lives Matter riots that broke out across the country in 2020.
00:37:54.000You were told by the media, of course, that these were fiery, but mostly peaceful, that they were just wonderfully enriching to everyone who participated.
00:38:00.000Rosas was reporting from on the ground.
00:38:12.000You are listening to the largest, fastest growing conservative podcast and radio show in the nation.
00:38:15.000All righty, meanwhile, the left continues its attempts to purge literally everyone from everything who does not agree with their points of view.
00:38:27.000So, there is a show, it is called Real Housewives of Salt Lake City, right?
00:38:31.000It's a spinoff on the Real Housewives series, and it is filled with women who are famous for doing responsible, And caring and wonderful things for one another.
00:38:40.000Oh wait, no, it's famous mostly for women being irresponsible and kind of bitchy to one another.
00:39:18.000See, in a normal world, you'd apologize for stuff you do wrong.
00:39:21.000But in this world, even if you apologize for stuff you do wrong, it's just an excuse for them to chop off your head.
00:39:25.000Bravo said in a statement, we recognize we failed to take appropriate action once her offensive social media posts were brought to our attention.
00:39:31.000Moving forward, we'll work to improve our processes to ensure we make better informed and thoughtful casting decisions.
00:39:37.000She said that she regretted writing her remarks.
00:39:41.000She said, I want to acknowledge and apologize for my deleted posts from 2020 that resurfaced.
00:39:45.000At the time, I thought I was speaking out against violence.
00:39:47.000I've since learned how offensive and hurtful my words were.
00:39:50.000I'm sincerely sorry for the pain they caused.
00:39:52.000Now, one of the things that is super annoying about articles like this is they never tell you exactly what she said, okay?
00:39:58.000So you actually have to dig to find what she said that was so horrifying and terrifying and absolutely evil and just the worst thing in the world.
00:41:09.000Like, you say that police are the solution to crime and that the real problem for the black community when it comes to violence against black citizens is other black people, just like the real problem for the white community when it comes to violence is generally other white people?
00:41:25.000Like, I don't understand how this is super duper terrible.
00:41:31.000Okay, and then apparently she showed another meme and it showed two cartoon characters, one an elderly white woman and the other a middle-aged white man talking with a man staring at stick figures bumper stickers on the back of her car that normally represent family members.
00:41:42.000He said, no, that's not my family, that's how many rioters I've hit, the cartoon white woman said.
00:41:47.000Okay, I mean, politically incorrect, sure.
00:41:50.000It doesn't say the race of the people, they could have been Antifa protesters.
00:41:54.000Also, And then there was another one that she posted that was a picture of Ken Jeong's character from Community shouting and it said, if you follow the officer's orders, you won't get shot.
00:42:36.000Meanwhile, apparently, we are going to get the politically correct version of Snow White and the Seven Dwarves if Peter Dinklage has his way.
00:42:42.000So, Peter Dinklage is, of course, the actor from Game of Thrones, and he was in one of the Avengers movies, Avengers Endgame, I think.
00:42:52.000And he's very angry at Snow White and the Seven Dwarves.
00:42:56.000He calls it an effing backwards story.
00:43:00.000He said there's a lot of hypocrisy going on, literally no offense to anyone, but I was a little taken aback when they were very proud to cast a Latina actress as Snow White, but you're still telling the story of Snow White and the Seven Dwarves.
00:43:22.000I mean, you can say it's a little counterintuitive casting, but what he's really mad about is that the studio depicts dwarves in Snow White and the Seven Dwarves.
00:43:31.000He says, you're progressive in one way, but then you're still making that effing backward story about seven dwarves living in a cave together.
00:43:43.000He just wants to work for Disney in the future because Marvel is owned by Disney.
00:43:47.000By the way, Peter Dinklage complaining that stereotypes about dwarves are used in entertainment?
00:43:54.000The man would not have a career if stereotypes about dwarves were not used in entertainment.
00:43:57.000I mean, I'm sorry to say that, but it happens to be the case.
00:43:59.000I mean, Game of Thrones, he literally plays a dwarf, right?
00:44:02.000And then that dwarf violates a lot of the stereotypes, but that is part of the story, right?
00:44:05.000That is part of what Game of Thrones is playing upon.
00:44:08.000As Matt Walsh pointed out, he is correct.
00:44:10.000The entire shtick that he had an elf was a joke about him being a dwarf.
00:44:15.000And then, Will Ferrell thinking that he was an elf because of it and him being offended by it.
00:44:20.000I mean, it happens to be the case that Peter Dinklage, I mean, this is his role in literally every movie, gets cast because of his stature.
00:44:42.000I hesitate to say suffer from, because there are a lot of people who have dwarfism who are not suffering from dwarfism.
00:44:46.000In any case, people who have dwarfism are cast in movies largely because of their dwarfism, and this happens to be the case with Peter Zinklage.
00:44:53.000Also, are we supposed to pretend that the dwarves of myth are the same as just people suffering from dwarfism now?
00:45:43.000It is incredible how much celebrities think they get to reshape the culture around us based on the fact that we recognize some of their music and some of their faces.
00:45:50.000Alrighty, we've reached the end of today's program.
00:45:52.000However, we'll be back here later today with an additional hour of content.
00:45:55.000Coming up soon is the Matt Walsh Show.