The Ben Shapiro Show - July 06, 2023


Who Left Their Cocaine At The White House?


Episode Stats

Length

58 minutes

Words per Minute

211.58884

Word Count

12,385

Sentence Count

857

Misogynist Sentences

20

Hate Speech Sentences

11


Summary

A bunch of cocaine was found in the White House, and no one knows where it came from. Who could it come from? And who could it belong to? Is it a member of the Biden administration, a visitor, or even a Biden family member? Who could be the culprit? And why is there a reward offered for the return of the cocaine? And what are the chances of finding the cocaine in the first place? And how did it get there? All that and much more on this week s episode of the podcast, featuring special guest Alex Blumberg, host of the popular podcast "The Nod" and co-host of the excellent podcast "Behind the Curtain" on the case of the missing baggies of white powder that were discovered in the West Wing of the Executive Mansion by a Hazmat team responding to a 911 call on Sunday morning. Alex explains what happened, and offers some clues as to who could be responsible for the discovery, and why it could be a big deal. And why it s a good thing that it s missing from a building with lots of cameras and lots of surveillance cameras. Also, Alex explains why this is a good idea, and how to solve the cocaine mystery. If you like conspiracy theories, this episode is for you. Thanks for listening, Alex! and if you re looking for a good conspiracy theory, check out Alex's new podcast, "Behind The Curtain," wherever you can get your fix of the latest breaking news and breaking news, and let us know what you think of it. You can find Alex on the internet here: bit.lyndr@crackcocaine.co/crackcoke.co And if you have a tip about the drug that s missing baggie? . and we ll make sure to let Alex know about it on the next episode of "Cocaine at The Nod on our social media feed! at the linktr.ee/cockeyscrunch by tweeting us what s missing, and we re talking about it! and what s going on there! , and we'll send it to Alex will be checking out your thoughts on this episode at or your thoughts about it if you're looking for more information about the cocaine found in Washington, D.C. or what you d like to be included in this episode. and more!


Transcript

00:00:00.000 So, um, they found a bunch of cocaine in the White House.
00:00:03.000 Now, normally that would be a big deal, and it would also be a big mystery.
00:00:06.000 Who could have dropped this cocaine?
00:00:07.000 Let's say that there was somebody who had, like, a long record of doing crack cocaine, and there are lots of pictures of him doing crack cocaine.
00:00:14.000 In fact, there was a story this week about this dude doing crack cocaine while driving 172 miles per hour on the freeway to Las Vegas so that he could, you know, have sex with a bunch of hookers.
00:00:23.000 What if that person lived at the White House and actually roomed with the President of the United States?
00:00:28.000 I know, it's a big mystery.
00:00:29.000 Sort of like the mystery of how the Hamburglar, you know, you have a McDonald's, all the hamburger goes missing, and there's a person there, whose literal name is the Hamburglar.
00:00:38.000 Who could have taken all the hamburgers?
00:00:40.000 No one knows!
00:00:41.000 It's a giant mystery.
00:00:42.000 Well, according to audio, which has now been released of the Hazmat team, here's what it sounded like when they found cocaine in the West Wing of the White House.
00:00:49.000 Director Richard Hazmat, we have a Resolving the Gemini.
00:00:58.000 We have a yellow bar stating cocaine hydrochloride.
00:01:04.000 Path number 53-21.
00:01:09.000 Well, originally, the suggestion from the tape is that it was found in the White House library, then they claimed that it was not found in the White House library, but the mystery remains.
00:01:17.000 Who left the cocaine?
00:01:19.000 According to the Washington Free Beacon, shifting stories about where law enforcement officials discovered a substance identified as cocaine at the White House this week are raising questions about how it ended up inside the building.
00:01:29.000 A Washington, D.C.
00:01:30.000 Fire Department dispatch call on Sunday said the White Power identified as cocaine hydrochloride was discovered in the library of the executive mansion.
00:01:36.000 A Secret Service spokesperson later said it was found generally in the West Wing.
00:01:39.000 The West Wing houses the daily work offices for President Biden and White House staffers.
00:01:43.000 The library is located in the White House living quarters below where access is more restricted.
00:01:46.000 So it makes sense if you're trying to hide.
00:01:49.000 Who was behind the cocaine to suggest that it was just in the West Wing more broadly.
00:01:53.000 The West Wing is very large.
00:01:54.000 You have hundreds of people who are working there.
00:01:56.000 The location of the substance, according to the Free Beacon, could provide clues to whether it was brought into the building by a White House staffer, a visitor, or a Biden family member.
00:02:03.000 Now, of course, you'll remember that Hunter Biden just pled guilty to tax and gun charges in June and has publicly struggled with cocaine addiction for years.
00:02:08.000 He was booted from the U.S.
00:02:09.000 Navy in 2014 after testing positive for coke.
00:02:13.000 This is all very awkward for the Biden administration.
00:02:16.000 What's even more awkward is the posters that have reportedly been appearing all around the White House.
00:02:24.000 Somebody is missing his baggies of white powder, and for some reason that person is offering a reward of oil paintings.
00:02:30.000 I don't know who it could be.
00:02:31.000 I don't know who could offer oil paintings in return for the return of cocaine.
00:02:36.000 No one really knows.
00:02:36.000 Meanwhile, law enforcement is bewildered and bamboozled, which is weird because there are a few cameras in the White House.
00:02:43.000 You would figure that this would be a pretty easy crime to actually solve, but apparently the FBI is really on top of the classified documents in Mar-a-Lago.
00:02:51.000 Cocaine in the White House.
00:02:53.000 According to Politico, law enforcement officials confirmed on Wednesday cocaine was found at the White House over the weekend, but one official familiar with the investigation cautioned the source of the drug was unlikely to be determined, given it was discovered in a highly-trafficked area of the West Wing.
00:03:05.000 It could be anyone.
00:03:06.000 Small amounts of cocaine was found in a cubby area for storing electronics within the West Exec Basement Entryway into the West Wing, where many people have authorized access, including staff or visitors coming in for West Wing tours.
00:03:17.000 Well, that's fair enough.
00:03:17.000 I mean, I've actually been in this area of the White House, and this area of the White House does in fact have like this little cubby area where you're supposed to drop off your cell phones so that you don't record anything that happens in the West Wing.
00:03:26.000 But that's really stupid.
00:03:27.000 I mean, if you're a person walking into the West Wing, you're like, well, I guess I will leave here my cell phone and my cocaine.
00:03:32.000 That is definitely a move.
00:03:35.000 asked what the chances were of finding the culprit. The official said it's going to be
00:03:37.000 very difficult for us to do that because of where it was.
00:03:40.000 Said even if there were surveillance cameras, unless you were waving it around, it might not
00:03:42.000 have been caught by the cameras.
00:03:43.000 It's a bit of a thoroughfare. People walk by there all the time. Now, here's the deal. Even if it
00:03:47.000 were somebody associated with the Biden family, we would never find out about that because, I mean,
00:03:52.000 the Secret Service has covered up for Hunter Biden in the past.
00:03:54.000 You'll recall that when Hunter Biden actually applied for his gun license while lying on the forums, right?
00:04:00.000 I mean, he pled guilty to a misdemeanor charge on that one.
00:04:04.000 He ended up actually being sent to a diversion program for his drug abuse.
00:04:09.000 But he lied on his gun forms, which would theoretically be a felony.
00:04:11.000 And then his then girlfriend and sister-in-law, who he ended up having sex with and sleeping with
00:04:19.000 after his brother was dead, well, she took the gun
00:04:22.000 because she was afraid of him having it, and she dumped it in a trash can behind a grocery store,
00:04:26.000 which was directly across from a high school.
00:04:28.000 And the Secret Service actually showed up and then approached the owners of the store
00:04:31.000 where Hunter bought the gun, according to Politico, and asked to take the paperwork involving the sale,
00:04:34.000 according to two people, one of whom had firsthand knowledge of the episode.
00:04:37.000 The other was briefed by a Secret Service agent So the Secret Service showed up to actually, presumably, cover up for what exactly Hunter Biden was doing at the time.
00:04:46.000 So even if it were, somebody, call him I don't know, maybe his name rhymes with Blunter Schmeiden.
00:04:52.000 Even if it were somebody like that, the question as to whether the Secret Service would ever allow that thing to, you know, be released is, I think, questionable at best.
00:05:00.000 We'll get to the White House response to all this momentarily first.
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00:06:05.000 Okay, so I will say there's one solid piece of evidence that it was not Hunter Biden who actually left a cocaine in the White House.
00:06:10.000 And that is that dude really loves cocaine.
00:06:12.000 And the chances that he would leave behind some very nice cocaine Are fairly low.
00:06:16.000 If there's one thing about cocaine addicts, they really like to hold on to their cocaine as a general rule.
00:06:21.000 Which does raise the question as to who else was attempting to bring the cocaine into the White House.
00:06:25.000 Well, there were no answers forthcoming from the members of the White House Press Secretary's office.
00:06:31.000 Corinne Jean-Pierre, world's most untalented White House Press Secretary.
00:06:35.000 She announced that the Biden administration is proud to have restored the rule of law in the White House.
00:06:40.000 Other than, you know, like drug law and that sort of thing.
00:06:45.000 The president is proud to have restored the rule of law in his administration and I can tell you here and I can tell you now that he will not exploit his office with conventions at the White House like it was done in the last administration.
00:07:01.000 He will not do that.
00:07:03.000 Well, you know, that is a very, very legally oriented administration, that administration.
00:07:08.000 Then Corinne Jean-Pierre was hit with a blizzard, a veritable snowfall of cocaine questions from the White House press corps.
00:07:15.000 And I mean, she blew it.
00:07:18.000 Can you give any more details on where the Secret Service found cocaine in West Wing and how it got there?
00:07:23.000 So, as you know, this is under the preview of the Secret Service.
00:07:27.000 They are currently investigating what happened over the weekend, so I would have to refer you to the Secret Service on all of this.
00:07:34.000 Well, one thing that I can share, that I'll share a little bit more information.
00:07:38.000 As you know, the President and the First Lady and their family were not here this weekend, as you all reported on this.
00:07:45.000 The President said, hey, let's get to the bottom of what happened here.
00:07:48.000 Well, I just said that we have confidence that the Secret Service is going to get to the bottom of this.
00:07:52.000 As you all know, the President follows all the reporting here.
00:07:55.000 Thanks, Breen.
00:07:56.000 Just two quick follow-ups.
00:07:58.000 You said the President has been briefed on the cocaine that was found at the White House.
00:08:01.000 Is the White House conducting its own internal investigation?
00:08:05.000 This is something that's under the purview of the Secret Service.
00:08:07.000 They're the ones who handle this investigation, so it lives in their purview, in their world.
00:08:13.000 Meanwhile, Joe Biden was asked about this, and obviously this is a president who takes the problem very seriously.
00:08:16.000 He actually started laughing almost out loud about the question of whose cocaine was found in the White House that he, you know, runs.
00:08:24.000 President, what makes you confident that you can still intercept Sweden and NATO?
00:08:29.000 Everyone, everyone, can you please clap?
00:08:31.000 President, do you know how many Israeli terrorists you have?
00:08:35.000 Do you know how many Israeli terrorists you have?
00:08:42.000 I wish I had some.
00:08:45.000 I remember when cocaine was actually in Coca-Cola.
00:08:49.000 Those were good times.
00:08:50.000 Good, good, good times.
00:08:52.000 Meanwhile, the media treated this with all of the levity that Democrats receive when bad things happen to them.
00:08:57.000 Here was the CNN team cracking up while talking about the cocaine situation at the White House.
00:09:04.000 It was suspected.
00:09:04.000 The field test said cocaine.
00:09:06.000 Now these more conclusive lab tests, yeah.
00:09:08.000 I would like to know blow by blow who was responsible for this.
00:09:13.000 Too soon.
00:09:14.000 There's no too soon on this.
00:09:17.000 No one was injured as far as we know.
00:09:21.000 And it's an illicit drug at the White House.
00:09:24.000 Why can't you actually have a bit of fun with it?
00:09:26.000 I don't believe in fun.
00:09:28.000 See, they're allowed to joke about this.
00:09:30.000 Now, it is funny, but here's the thing.
00:09:32.000 It's also criminal.
00:09:33.000 But the entire media, these people who you know, if this were during the Trump White House,
00:09:38.000 this would be, Oh, is Don Jr. on?
00:09:41.000 on the sauce?
00:09:42.000 Who at the Trump White House?
00:09:44.000 Those horrifying, evil people who are jailing, jailing drug addicts all over the country.
00:09:49.000 Those terrible people.
00:09:50.000 Who did this?
00:09:51.000 Who would sully the White House this way?
00:09:54.000 We need to restore honor to the White House.
00:09:56.000 But if it's a Democrat, they're like, hey man, it's fun and games.
00:09:59.000 Just throw in a few lines.
00:10:00.000 It'll all be good.
00:10:00.000 Here the CBS anchor is also laughing hysterically.
00:10:04.000 I'm hung up on the believe to be comment.
00:10:06.000 How long does it take to find out?
00:10:08.000 Also, they're kind of blaming it on the tourists.
00:10:09.000 On the tourists?
00:10:10.000 The public area.
00:10:11.000 Yes, are people careless with their cocaine?
00:10:14.000 You know, it's an expensive drug.
00:10:16.000 So many questions there.
00:10:18.000 A lot of questions.
00:10:19.000 We are not quite to the Jimmy Carter level where multiple officials in the White House are in trouble and one person resigned.
00:10:26.000 And I don't want to hear from, you know, President Biden or Trump.
00:10:30.000 I would like to hear from one person in particular.
00:10:32.000 Who?
00:10:33.000 That bill that used to sit on Capitol Hill for Schoolhouse Rock.
00:10:37.000 Put this in layman's terms, what happened?
00:10:38.000 Because I'm a little confused.
00:10:39.000 He was already rolled up in the cartoon.
00:10:43.000 Never say Hunter, guys.
00:10:44.000 Tell every joke but the Hunter joke if you're a member of the mainstream media.
00:10:47.000 Just don't do it.
00:10:48.000 Now, again, here's the thing.
00:10:49.000 If you're a Democrat, none of this sort of stuff matters.
00:10:52.000 If you're a Republican, all this sort of stuff matters.
00:10:54.000 If you're a Democrat at the White House, you can have a man jiggling his fake breasts at the White House, and that's not a problem.
00:11:00.000 That's actually just a sign of true freedom.
00:11:04.000 Or if you're Barack Obama, you can have Snoop Dogg at the White House, openly talking about doing pot at the White House, with no ramifications, no repercussions.
00:11:12.000 And here's Snoop Dogg back in the day when Barack Obama was president,
00:11:16.000 openly talking about how he toked at the White House.
00:11:18.000 Why you f***ing holding?
00:11:31.000 I've been doing all this other bulls**t. I'm at the White House f**king smoking.
00:11:34.000 F**k the President.
00:11:37.000 I mean, there was an open talk during one of these big star-studded White House events that Snoop Dogg was, you know, doing some pot in the White House bathroom.
00:11:46.000 That, of course, is not a big deal at all.
00:11:48.000 And, of course, Barack Obama himself made it part of his struggle to talk about his drug abuse when he was a youngster.
00:11:54.000 When it was George W. Bush and he was hit with the DUI well before he was running for president, that was like a career-shattering scandal that put his presidency in question.
00:12:02.000 When it was Barack Obama openly admitting that he had done, quote, a little blow And, you know, maybe back in the day was passing that sort of stuff around.
00:12:12.000 Well, that was that was when he said that it was so off limits to even ask him about it, that people objected to the notion that he would even be asked about it during a presidential campaign and the standards for morality at all.
00:12:23.000 They just do not apply to Democrats from the media.
00:12:25.000 They don't apply at all.
00:12:27.000 If a Republican in the White House would be outraged.
00:12:30.000 I mean, you remember when George W. Bush's daughters We're caught in college drinking.
00:12:34.000 It's like, oh, they're underage drinking.
00:12:35.000 That's just terrible.
00:12:36.000 How could they be underage drinking?
00:12:37.000 Do you think anything like that ever would have applied to the Obama kids?
00:12:41.000 Of course not.
00:12:42.000 Because the rule is that if you are Hunter Biden, a 52-year-old moral derelict who snorts cocaine off the asses of hookers, then you are a beautiful boy.
00:12:51.000 You are merely a wayward child.
00:12:53.000 And the real story here is your beautiful relationship with your addled old father.
00:12:58.000 If, however, you're a Republican, and anything remotely like this happens, then it's outrageous, it's just terrible, it's awful across the board.
00:13:05.000 That's the way all of this works.
00:13:06.000 Speaking of lack of moral standards, we'll get to the Biden grandchild scandal in just one moment.
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00:14:14.000 Okay, meanwhile, The other scandal that is a brewing regarding Hunter, aside from, you know, the overt criminality of Hunter Biden and the very high likelihood that he was involved in a corrupt scheme where he was trafficking in his father's name and then having the money passed through him, quite possibly, to his dad.
00:14:29.000 Leave all of that aside.
00:14:30.000 The other damaging Hunter Biden scandal is the continuing problem that Hunter Biden sired
00:14:37.000 a child out of wedlock and Joe Biden simply refuses to acknowledge this grandchild.
00:14:41.000 Like, refuses, utterly.
00:14:42.000 Hunter Biden signed, as we've discussed, an actual arrangement, a custody agreement with
00:14:48.000 his former lover where he was able to lower the amount of money that he was paying her
00:14:54.000 per month, but he did give her some oil paintings.
00:14:56.000 And also, she was not allowed to use for her daughter, the Biden last name, which is literally the only thing that has made Hunter Biden a success in life at all.
00:15:02.000 I think he's a giant failure in life, but the only thing that has granted him any level of monetary fiscal success, Hunter Biden, is trafficking in the last name.
00:15:09.000 That is exactly the thing he denied to his illegitimate child by a former stripper and secretary who is essentially performing sex acts upon him and with him.
00:15:20.000 And so the question is, where is Joe in all this, right?
00:15:22.000 Isn't Joe a man of honor, where the Biden family means everything to him?
00:15:25.000 Well, the White House has asked about this.
00:15:27.000 Karine Jean-Pierre was asked about the seventh grandchild, who is never mentioned by the White House.
00:15:30.000 And here's her answer.
00:15:31.000 There was a story in the New York Times over the weekend about Hunter Biden's daughter in Arkansas.
00:15:36.000 Does the president acknowledge this little girl as his granddaughter?
00:15:38.000 I don't have anything to share from here.
00:15:40.000 I don't have anything to share from here about, you know, whether he actually acknowledges having a granddaughter who is clearly his granddaughter.
00:15:46.000 Does that seem like a nice old man to you?
00:15:49.000 Or does it seem more and more like across the Hunter Biden story that Joe Biden is just an enabler and that maybe he enables his son, not only because he doesn't know what to do with him.
00:15:57.000 I mean, there are a lot of parents who don't know what to do with kids who are wayward, but maybe it's also because, you know, his son clears an awful lot of cash for him, as it turns out.
00:16:04.000 Breitbart is now reporting, based on a piece from the Washington Times, quote, a staffer for then-Vice President Joe Biden cc'd Hunter Biden on an email to Joe about a scheduled call with former Ukrainian President Petro Poroshenko, a document released by the National Archives due to a FOIA request chose.
00:16:20.000 While Hunter Biden was earning 83 grand a month as a board member of Burisma Holdings, Joe Biden's assistant, John Flynn, looped in Hunter on a scheduling email dated May 26, 2016 about a call between Joe Biden and Poroshenko.
00:16:31.000 Flynn wrote to Joe and Hunter Biden, quote, On May 27th, the call took place.
00:16:34.000 Joe Biden urged Poroshenko to reform Ukraine's prosecutor general office, the establishment media reported.
00:16:37.000 At that time, Burismo was under suspicion of money laundering and public corruption.
00:16:40.000 commencement, Nate will have your draft remarks delivered later today or with your press clips
00:16:43.000 in the morning. On May 27th, the call took place. Joe Biden urged Poroshenko to reform Ukraine's
00:16:48.000 prosecutor general office, the establishment media reported.
00:16:51.000 At that time, Burisma was under suspicion of money laundering and public corruption. Prosecutor
00:16:55.000 Victor Shokin was investigating the case before his termination by Poroshenko
00:16:58.000 due to pressure applied by Joe Biden.
00:17:00.000 So is that kind of suspicious?
00:17:02.000 That Hunter is being copied on conversations between Joe Biden and Poroshenko?
00:17:08.000 And it was Poroshenko who fired the prosecutor who was investigating the Ukraine case that involved Burisma, which was Hunter Biden's firm.
00:17:17.000 Biden, of course, famously bragged about the firing and how he went to Poroshenko and basically had Chokin fired.
00:17:22.000 Quote, I looked at them and said, I'm leaving in six hours.
00:17:24.000 If the prosecutor is not fired, you're not getting the money.
00:17:26.000 Well, son of a bitch, he got fired, said Joe Biden.
00:17:29.000 An FBI informant claims to possess two pieces of evidence showing Joe and Hunter Biden received $5 million each in bribes from Burisma, according to House Republican investigators.
00:17:37.000 So yet another piece of corroborative evidence that Hunter Biden was looped into relationships in Ukraine involving Joe.
00:17:44.000 All this is rather gross, to say the least.
00:17:48.000 Meanwhile, Joe Biden trying to forge forth with his 2024 campaign.
00:17:52.000 The economy continues to be on very shaky ground, but Joe Biden is running directly into it.
00:17:57.000 So he actually tweeted out about Bidenomics.
00:18:00.000 So he keeps trying to make fetch happen and fetch isn't happening here.
00:18:02.000 So he keeps just saying Bidenomics over and over in the hopes that somehow it'll latch on.
00:18:07.000 So he tweeted out, quote, every American willing to work hard should be able to get a job no matter where they are and keep their roots where they grew up.
00:18:14.000 That's Bidenomics.
00:18:15.000 Now, you may be asking yourself what the hell that means.
00:18:18.000 How is that even a school of economics?
00:18:19.000 Normally, when you say Bidenomics, Reaganomics meant supply side economics, right?
00:18:23.000 Reaganomics meant lower the tax rates and that will increase production, it will increase investment, and that will generate a bigger A bigger economy which will generate more tax revenue.
00:18:32.000 That was Reaganomics.
00:18:33.000 You can describe it.
00:18:35.000 Clintonomics was the idea that a balanced budget would eventually achieve significant economic growth and more full faith and credit in the American dollar, right?
00:18:42.000 That was Clintonomics.
00:18:45.000 Obamanomics was we are going to just spend endless amounts of money on random projects Under the demand-side Keynesian theory that if we do so, we'll grow the economy.
00:18:54.000 What the hell is Bidenomics?
00:18:55.000 Let me read that phrase to you again, what he says.
00:18:57.000 Every American willing to work hard should be able to get a job no matter where they are and keep their roots where they grew up.
00:19:03.000 Well, I also can say stupid statements like that.
00:19:06.000 Every American willing to work hard should be able to make $7.3 million per year at the job of their choice in the beachside resort of their choice.
00:19:14.000 That's Shapironomics.
00:19:15.000 Like what the hell does that mean?
00:19:16.000 You're just saying random sentences now.
00:19:18.000 Every American should be able to work the job of their choice without an educational degree even up to and including brain surgeon in the city of their choice in a penthouse apartment.
00:19:28.000 Of at least 4,000 square feet.
00:19:31.000 That's Shapironomics.
00:19:32.000 That's not a school of economics, dude.
00:19:34.000 We can all see what Bytonomics is.
00:19:36.000 It looks like 40-year highs in inflation.
00:19:38.000 It looks like stagnating wages.
00:19:40.000 It looks like a continued stagnation in the economy that eventually is going to lead to a recession here.
00:19:46.000 That's what it looks like.
00:19:48.000 But tell me about the president's disapproval ratings and how you counteract that.
00:19:51.000 He's not getting credit for his economic achievements.
00:19:53.000 No, he's not.
00:19:53.000 He's got the media defending him up to his eyes.
00:19:55.000 Andrew Mitchell saying that Joe Biden just doesn't get enough credit
00:19:57.000 for his economic achievements.
00:19:58.000 That's the big problem.
00:19:59.000 Must be nice to be a Democrat.
00:20:01.000 But tell me about the president's disapproval ratings and how you counteract that.
00:20:07.000 He's not getting credit for his economic achievements.
00:20:10.000 No, he's not.
00:20:13.000 And a lot of it has to do with the fact that people are in a pretty sour mood.
00:20:18.000 I have been studying politics pretty much all of my life.
00:20:23.000 And I have been really taking a hard look at where we are today in the scheme of things,
00:20:31.000 comparing it to where this country was back in 1876, when the vision in the country was as stark then
00:20:40.000 as it is now.
00:20:42.000 I mean, why do you think people are in a pretty sour mood?
00:20:44.000 Could it be because his economy is not all that good?
00:20:47.000 We'll get into more economic problems facing Joe Biden in one second.
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00:21:53.000 Okay, so speaking of the stagnating economy, the The federal officials at the Federal Reserve actively considered raising rates in June.
00:22:05.000 Okay, what that means is that they're having trouble actually reining in inflation to the extent necessary to allow for future economic growth.
00:22:12.000 And they're afraid that if they raise the interest rates too high, they're going to sink the economy in time for Joe Biden's re-elect effort.
00:22:17.000 This is why when anybody claims the Federal Reserve is truly independent, it's really not true.
00:22:21.000 According to the Wall Street Journal, most Federal Reserve officials expected they would need to lift interest rates further this year after pausing increases last month.
00:22:27.000 Though some want it to raise rates in June because the economy hasn't slowed enough.
00:22:30.000 Minutes of the June policy meeting released on Wednesday offered nothing to dispel recent market expectations of a rate increase this month to combat inflation.
00:22:37.000 So the Fed is just sending a bunch of mixed signals right now, and you can sense it in the markets.
00:22:40.000 People don't know whether they should put their money in, whether they should keep their money out.
00:22:44.000 And when in doubt, people are keeping their money out.
00:22:46.000 And that's a real problem.
00:22:47.000 And it's going to get worse.
00:22:48.000 When the Federal Reserve says, we're not sure, did we raise the interest rates high enough?
00:22:51.000 Maybe we should raise a little more next month.
00:22:53.000 When they are treating the economy and the strength of the United States dollar as essentially a soup, and they are just constantly tasting the soup, that doesn't lend confidence.
00:23:04.000 All 11 voting members of the policy-setting Federal Open Market Committee agreed to last month's decision, but the minutes suggested that several of the 18 voting and non-voting officials would have agreed to raise rates then.
00:23:13.000 Some of them favored or could have supported a rate increase, according to the minutes, because momentum and economic activity had been stronger than earlier anticipated.
00:23:19.000 There were few clear signs inflation was on a path to return to the 2% objective over time.
00:23:24.000 And there will come a point here, by the way, where if Joe Biden is faced with a serious economic meltdown here, Then you could see a world in which the Federal Reserve basically just changes its benchmark.
00:23:34.000 Instead of looking at a 2% rate, they say, you know what, it would be so bad if we were at like 3%.
00:23:38.000 Now remember, inflation is the silent destroyer of savings.
00:23:42.000 It destroys your savings.
00:23:43.000 If you inflate at a 2% rate, then that means that over the course of the next 50 years, your savings are worth literally almost nothing.
00:23:52.000 You've basically by 100% increased the money supply, at which point all of your savings are worth virtually nothing.
00:23:58.000 So that is one of the things that is happening here.
00:24:01.000 And people who are saving don't know whether to spend and spend into the economy or they should hold out in the hopes of the interest rates go back down.
00:24:08.000 Plus, there are some other significant market problems that are waiting in the wings, and people know this.
00:24:13.000 The Wall Street Journal reports, this was supposed to be the year that higher interest rates started to bite, taking down dodgy borrowers who had loaded up on too much debt.
00:24:19.000 Some are now in trouble, but investors don't expect problems to spread far.
00:24:22.000 I think they're making a mistake, especially if rates march higher.
00:24:25.000 This is James McIntosh writing.
00:24:27.000 Even as distressed companies start to hit the headlines, notably a major water utility in Britain, the riskiest part of the bond market has performed the best.
00:24:33.000 The CCC-rated borrowers closest to default have returned 10% this year.
00:24:37.000 The worst performing are safe investment-grade borrowers with AA-rated corporate bonds returning 2.7%.
00:24:43.000 In other words, there's still so much money floating around in the economy that all of that bad debt has yet to be called in.
00:24:48.000 A lot of investors, myself included on a personal level, are betting on the idea that over the next two years, cash is going to be very hard to come by, and a lot of these companies are going to struggle to actually come up with the money necessary to pay back their banks, at which point a lot of equities are going to come onto the market at very, very lowered rates.
00:25:02.000 It's going to be a buyer's market.
00:25:04.000 But that hasn't materialized yet.
00:25:06.000 As McIntosh says, for now, it's only among smaller companies that shareholders seem to care.
00:25:10.000 Just as junk bond investors like the trashiest investments, big stocks with the weakest balance sheets, measured using economist Robert Merton's distance-to-default scores, are beating those with stronger balance sheets.
00:25:19.000 This dash for trash makes some sense.
00:25:21.000 The big macroeconomic surprise of the year is the U.S.
00:25:23.000 economy has remained strong, even as inflation has moderated.
00:25:25.000 The weakest borrowers benefited because the most famously wide-cast recession in history simply refused to arrive.
00:25:30.000 The credit worthy didn't gain much because the Federal Reserve will keep rates higher for longer as a result.
00:25:35.000 In investment management speak, credit risk has done well, interest rate risk has done badly.
00:25:39.000 In other words, if you were betting on the interest rates to come down, you were wrong.
00:25:42.000 If you bet that people would continue to pump money into the economy, then you were right.
00:25:48.000 But the rates are still rising.
00:25:49.000 The economy will be held back by the need to shore up those highly indebted companies.
00:25:53.000 And so there are a bunch of weak links in the economy.
00:25:55.000 When that debt comes due, is the federal government going to pump up the inflation again by lowering the interest rates again to prevent companies from simply failing?
00:26:04.000 Or is there actually going to be a recession in which it will be a buyer's market for the smart investor who stayed out?
00:26:09.000 Macintosh says there are a bunch of weak links.
00:26:11.000 He puts them in three buckets.
00:26:12.000 The first are the obvious disasters.
00:26:14.000 Super Speculative also rants that finance themselves in the final stages of the post-pandemic boom, mostly using SPACs.
00:26:20.000 Plus some debt finance zombies that should have gone bust but were saved by zero interest rates.
00:26:24.000 This would be like second-tier electric car startups.
00:26:26.000 As the markets implode, so will they.
00:26:28.000 The second type of weak company is more worrisome.
00:26:29.000 Decent businesses with solid cash flow piled on huge amounts of debt during the era of easy money, but now facing a reckoning.
00:26:35.000 Rising rates make it harder to service their debt.
00:26:37.000 And steady, supposedly safe businesses can have problems.
00:26:39.000 This is where I think the market is going.
00:26:41.000 I think there are going to be a lot of opportunities for people who have cash in the bank to buy up some pretty decent companies at lowered rates.
00:26:48.000 The third type of weak company is the one that ought to be doing it best.
00:26:50.000 A business with earnings that swing around a lot without too much debt.
00:26:53.000 These should benefit from growth in the economy while not suffering much from higher interest rates.
00:26:56.000 They're more likely to be listed than the financially engineered high-debt businesses.
00:26:59.000 Private equity doesn't like them as much because their higher volatility means they can't actually borrow much.
00:27:03.000 And in fact, those are the companies that are outperforming right now.
00:27:08.000 Well, those risky companies, if they start to underperform, if the economy tanks or if they are unable to pull back their debt, then you're going to see a pretty significant economic pullback, a pretty significant recession.
00:27:20.000 So just wait for it.
00:27:21.000 I still believe that bad economic ideas have consequences, and we've seen over the course of the last several years some really, really bad economic ideas.
00:27:29.000 Those are all in the short term, by the way.
00:27:30.000 We have a much bigger long-term problem, and that is the baby boomer generation are all about to retire.
00:27:35.000 And when they all retire, then the systemic debt problem in the United States—now remember, we still have to service our debt at the increased interest rates.
00:27:43.000 Those are going to come due.
00:27:44.000 The boomers are all going to want their social security and the base of people who are there to support them is much smaller than it was 20, 30 years ago.
00:27:52.000 As the Washington Post points out, lower numbers of workers per retiree threaten the future of programs such as Social Security and Medicare, which support older Americans by taxing current workers.
00:28:00.000 And maybe the stupidest thing is in our modern politics, you're literally not allowed to talk about this as a presidential candidate.
00:28:06.000 The minute you say we need to look at our entitlement programs and restructure them because we don't have enough workers able to pay these bills, the minute you say that, people from both sides of the aisle come and yell at you.
00:28:15.000 Donald Trump will yell at you if you say that we need to restructure Social Security and Medicare, which we clearly need to do, and so will the Democrats and so will the media.
00:28:22.000 Baby boomers have broken the so-called population pyramid.
00:28:25.000 Normally, a population demographic chart is supposed to look like a pyramid, with people 20 to 29 at the bottom, acting as sort of the biggest base, and people 70 and over at the very top, representing like a very small slice of the population.
00:28:40.000 So as you striate the population in terms of age, what you end up with is a very pyramid-looking chart.
00:28:45.000 20 to 29 is the biggest, followed by 30 to 39, 40 to 49, etc., because people die off as they get older, obviously.
00:28:50.000 But because the boomers are such a large generation, you're starting to see the population pyramid invert.
00:28:56.000 Right now, the population pyramid almost looks like a rectangle up and down.
00:29:00.000 That's a real problem because the people at the top of that rectangle, those people are not paying into the system.
00:29:05.000 They're just drawing out of the system.
00:29:08.000 The workforce currently is older than it has been ever.
00:29:11.000 In 1984, people under 40 were 60% of the workforce.
00:29:14.000 That's only 45% today.
00:29:17.000 People are going to continue to retire.
00:29:18.000 They're going to want their money.
00:29:19.000 And all those programs are inflation adjusted.
00:29:22.000 Which means that it's the workers who are going to pay the bills.
00:29:24.000 So look for the stagnation.
00:29:26.000 Again, market realities still exist.
00:29:29.000 We saw it materialize in terms of inflation.
00:29:31.000 If you don't think the other market realities, namely the recession that comes in the wake of easy money spends and bubbles that burst, is going to happen, I'd recommend that you look at reality a little bit.
00:29:40.000 In just a second, we'll get to the Joe Biden educational plan.
00:29:42.000 The National Education Association has, surprise, surprise, reelected all of its old bosses and friends, and Joe Biden had things to say about the magic of education.
00:29:50.000 We'll get there in just one second first.
00:29:52.000 Let's talk about the thing that keeps you sane.
00:29:55.000 So one of the things that keeps you sane in life is connection with God.
00:29:57.000 It's one of the things that keeps me sane in life.
00:29:59.000 There's a lot going on in my life.
00:30:00.000 There's a lot going on in the world.
00:30:01.000 And it's that connection with God that means a lot to me, which is why I pray three times a day.
00:30:05.000 But if you're looking to up your game, regardless of religion, maybe you should check out Halo.
00:30:10.000 Halo is an incredible app that offers a unique approach to prayer and meditation.
00:30:13.000 Unlike other meditation apps, Halo is tailored specifically for people of faith to deepen their relationship with God.
00:30:17.000 The Halo app is filled with studies, meditations, and reflections rooted in Judeo-Christian prayer practices.
00:30:21.000 There are a lot of Christian employees who work here at Daily Wire who have been using Halo, and it means a lot to them.
00:30:26.000 You can pray alongside Mark Wahlberg, Jonathan Rumi, who portrays Jesus on The Chosen, even some world-class athletes.
00:30:31.000 You can access the number one Christian podcast, The Bible in a Year, with Father Mike Schmitz on Halo.
00:30:35.000 Hello helps you maintain that daily prayer routine with features like progress tracking and streaks.
00:30:39.000 You can stay motivated and make prayer a regular part of your daily routine.
00:30:42.000 Set prayer reminders, invite others to pray with you, track your progress along the way.
00:30:45.000 It is super important to set time aside for God, since God is spending all of his time on you.
00:30:50.000 So if you're looking to deepen that relationship with God, try Hello for three months free at hello.com slash Shapiro.
00:30:54.000 That's hello.com slash Shapiro.
00:30:56.000 Also, Did you declare independence from your woke razor company?
00:30:59.000 You missed July 4th, but there is still time.
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00:31:23.000 I mean, look at this kit.
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00:31:28.000 In it, you will find beard shampoo, beard oil, beard balm, and of course, this beard brush right here.
00:31:35.000 Now, I'll be honest with you.
00:31:37.000 I'm not enough of a man to use all of this on my facial hair because it's not a full beard.
00:31:43.000 It's kind of like half a beard.
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00:31:54.000 Beardless or not, Jeremy's Razors will make the magic happen for you.
00:31:58.000 This thing is really gonna explode when I throw it.
00:32:01.000 Meanwhile, Democrats making the nation worse in other ways as well.
00:32:05.000 The National Education Association has, shock of shock, re-elected all of its leaders.
00:32:10.000 Who knew they were going to do that?
00:32:11.000 So the NEA is one of the most nefarious forces in American life, along with the American Federation of Teachers.
00:32:16.000 Both of these groups worked very hard to make sure that your child could not go to the local public school during all the COVID shutdowns for no apparent reason other than it was great to have their teachers paid by the state to not work.
00:32:26.000 Well, now, the NEA has re-elected all of its leaders.
00:32:30.000 All of them!
00:32:30.000 They're doing such a magnificent job over there, not teaching your children.
00:32:34.000 It is fairly amazing that America continues to wildly underperform educationally, and the big solution offered by the Democratic Party and teachers' associations is, pay the teachers more.
00:32:42.000 I am loathe to- I honestly cannot think of another career where the worse you perform, the more you get paid.
00:32:47.000 Like, at a certain point in athletics, if you're very bad, they just waive you.
00:32:51.000 They just cut you from the team.
00:32:52.000 You lose all value.
00:32:53.000 But if you're a teacher who's been just blowing it for decades on end,
00:32:56.000 the NEA, AFT, and Democratic Party are there for you.
00:32:59.000 Not only that, the corrupt teachers unions, because this is how the way,
00:33:03.000 this is the way the bargain works, the AFT, the NEA, in many states,
00:33:06.000 the union dues are actually collected by the state on behalf of these unions
00:33:10.000 because they're public sector unions.
00:33:11.000 And then those dues are used by the NEA and AFT in order to pay for various political campaigns
00:33:18.000 that invariably back Democrats, which is the actual corrupt bargain.
00:33:21.000 That is also the reason why at the NEA annual meeting, The representative assembly on July 4th, Miguel Cardona, the U.S.
00:33:29.000 Secretary of Education, showed up.
00:33:30.000 Joe Biden apparently spoke.
00:33:32.000 So did Jill Biden.
00:33:33.000 What do you have to do to get these people to show up for you?
00:33:35.000 Well, I mean, you pay them lots of money.
00:33:36.000 And then you say that it's not corruption in politics.
00:33:38.000 One of my favorite things is when Democrats, people on the left are like, there's too much money in politics except for the giant teachers unions that handle everything related to your kids and use money that you pay in taxes in order to indoctrinate your kids and get paid richly for being bad at their jobs.
00:33:52.000 That's not money in politics.
00:33:54.000 Money they seize from you, via your tax money, and then pay to these teachers, and then the teachers have to pay the unions, and then the unions pay the Democrats.
00:34:02.000 That's not corrupt money in politics.
00:34:03.000 Corrupt money in politics is when you give a donation to Donald Trump of $75.
00:34:07.000 That's corrupt money in politics.
00:34:09.000 Anyway, they're doing a stellar job over there.
00:34:12.000 Miguel Cardona, who is the head of the education department, one of the departments that needs to be immediately erased over at the federal level, he talked about the magic of the National Education Association and he talked about the evils of privatizing education.
00:34:27.000 God forbid your children should be able to go to a school of your choice.
00:34:31.000 In some parts of this country, there developed an intentional toxic disrespect against teachers in public schools.
00:34:40.000 A toxic disrespect from so-called leaders that complain about public education but sleep well at night knowing their teachers are making less than $40,000 a year.
00:34:52.000 A toxic disrespect from those who want to privatize education and starve public schools from the resources they so desperately need.
00:35:01.000 A toxic disrespect from those seeking to divide our nation by politicizing equity and inclusion.
00:35:08.000 Oh my god.
00:35:09.000 They're politicizing equity and inclusion.
00:35:10.000 That's why you have toxic disrespect, my friend.
00:35:13.000 No one respects that garbage.
00:35:14.000 You're teaching my kids, quote-unquote, equity, which means that if the results are not equal, there must have been racism.
00:35:19.000 You're teaching kids that, and then when we say no, that's toxic disrespect.
00:35:25.000 When you teach kids that the only thing that matters is ethnicity, and then people say no, you call that toxic disrespect.
00:35:30.000 By the way, who the hell is he talking about when he says public school teachers all over the nation are making under $40,000 a year?
00:35:37.000 I mean, it really depends on the state.
00:35:38.000 In the state of Florida, which is, I assume, the state he's talking about there, the toxic disrespect state, the average public school teacher salary is like $54,000 a year.
00:35:46.000 That's for nine months of work.
00:35:48.000 Okay?
00:35:48.000 Because remember, teachers get the summer off.
00:35:50.000 That's not a terrible salary, I will point out, right here.
00:35:53.000 And that's, like, the average.
00:35:54.000 Okay, there's a sliding pay scale as you gain seniority in all of these programs.
00:36:00.000 The thing that he's really decrying is the possibility that you might be able to choose to get out of this corrupt matrix.
00:36:05.000 It remains just astonishing to me.
00:36:07.000 And no one can see, apparently, in the media, or they'll refuse to see, I suppose, the fact that there is a corrupt bargain that has been between unions and the Democratic Party for as long as unions have been a powerful force in American life.
00:36:20.000 A very corrupt bargain in which the Democratic Party essentially cuts bargains on behalf of the unions with taxpayer dollars, and then the unions pay off the Democratic politicians by helping them get elected by spending billions of dollars.
00:36:31.000 That's what's going on here.
00:36:32.000 It has nothing to do with your kids.
00:36:33.000 Your kids are completely secondary.
00:36:35.000 But this is also how you get Joe Biden to show up at your NEA conference.
00:36:38.000 So Joe Biden showed up to thank them as well.
00:36:41.000 Happy Fourth of July!
00:36:45.000 I'm Joe Biden.
00:36:46.000 I am Jill Biden's husband.
00:36:49.000 Oh, you are?
00:36:49.000 Folks, let me start by saying educators have champions in the White House.
00:36:55.000 Jill reminds me, and I mean this sincerely all the time, Teaching is not just what you all do.
00:37:01.000 It's who you are.
00:37:03.000 It's who you are.
00:37:05.000 And I know the last few years have been incredibly difficult.
00:37:07.000 No, they haven't.
00:37:08.000 Not for the teachers.
00:37:08.000 We have so much of you.
00:37:10.000 And I want you to know, I see you, we see you, we thank you, and we thank you, Becky, for your leadership.
00:37:16.000 He talks about trans people and teachers in exactly the same way.
00:37:19.000 We see you for who you are.
00:37:21.000 Also, dude, button your shirt.
00:37:23.000 There's that also.
00:37:25.000 Button your shirt, my friend.
00:37:26.000 No, you didn't.
00:37:27.000 This is honestly, this one, all of his nonsense about you worked so hard over the past years.
00:37:33.000 No, you didn't. You literally did not work in a school between March 2020 and in many cases,
00:37:39.000 like September of 2021. In some cases, even later than that, you worked. It was so hard for you.
00:37:45.000 You're the real heroes, you people who stayed home and barely taught on Zoom.
00:37:49.000 You're the real heroes.
00:37:50.000 It's amazing how the real heroes shifted from the doctors and nurses, who actually went into fairly dangerous health situations from time to time, and, you know, the people who are out there delivering your food.
00:38:00.000 Those people we don't talk about anymore.
00:38:01.000 It's the teachers who truly suffered, the teachers who are over-employed as it is, teaching lesbian dance theory at their local community college, and also the high school teachers who are teaching Art theory, but making sure that all of the kids in their class know about diversity, equity, and inclusion.
00:38:17.000 Meanwhile, Jill Biden spoke as well.
00:38:20.000 Oh, Dr. Jill.
00:38:21.000 So much doctoring.
00:38:23.000 She is, of course, the greatest doctor of our time, having invented nothing, and having a degree from the University of Delaware.
00:38:29.000 Wait for it, wait for it.
00:38:30.000 Her husband has a school named after him.
00:38:32.000 You want to talk about affirmative action?
00:38:35.000 Only white lady in history get affirmative action, Jill Biden.
00:38:39.000 And you know, I knew that Joe would always be the education president.
00:38:46.000 Because he knows that our nation's, you know, the success of our nation starts with you, the educators, who shape our students' lives.
00:38:56.000 And so, you know, we've invested so much in our schools, and our counselors, and our nurses, and administrators, who make them all successful.
00:39:07.000 Oh, she tiresome.
00:39:08.000 She is so tiresome.
00:39:09.000 Glenn Youngkin, the governor of Virginia, was asked about the Biden education agenda.
00:39:13.000 And he's like, Jill is the only one who believes that Joe is good for education.
00:39:17.000 Let's get your reaction to First Lady Jill Biden saying that Joe Biden is America's education president.
00:39:23.000 Well, I hate to say that I think she may be the only person who believes that.
00:39:27.000 I think the vast majority of Americans believe that Joe Biden has so under supported and under prepared our kids for what we're dealing with.
00:39:36.000 I mean, listen, Schools were closed for an extended period of time because Joe Biden thought schools should be closed unnecessarily.
00:39:42.000 And now we're seeing a learning loss across the nation that's unprecedented.
00:39:46.000 We've lost decades and decades of progress.
00:39:50.000 So there's that.
00:39:53.000 He's, of course, exactly right about all that.
00:39:56.000 By the way, how deeply in the pocket of the unions are Democratic politicians?
00:39:59.000 So Governor Josh Shapiro, who was elected over the terrible candidate Doug Mastriano in Pennsylvania, so he had suggested that he might support a school choice program and that he might support tuition vouchers for students in failing schools.
00:40:16.000 So Republicans in the state legislature passed that.
00:40:19.000 What did he do?
00:40:20.000 The unions came in so strong that Josh Shapiro vetoed it.
00:40:24.000 He came out and he vetoed it.
00:40:26.000 Here is the statement that he put out.
00:40:27.000 quote, Pennsylvania is the only state in the nation with a full-time divided legislature,
00:40:31.000 meaning nothing gets done unless it can make through a Republican-led Senate and a Democratic-led House.
00:40:35.000 Over the past several weeks, I've worked with leaders in both chambers to craft a common-sense,
00:40:38.000 responsible budget that makes critical investments in public safety, agriculture, economic development,
00:40:42.000 public education, workforce development, et cetera, et cetera, et cetera.
00:40:45.000 Last Friday, the Senate passed a responsible budget that delivers critical funding to our shared priorities
00:40:49.000 and sent it to the House for its consideration.
00:40:52.000 Now we stand at an impasse, largely over one provision of this budget.
00:40:55.000 Pass scholarships, a proposal I support that has been passed by the Senate.
00:41:00.000 But one that Leader Bradford has made clear does not have support of the House, where it was voted down in committee on Friday.
00:41:04.000 Over the weekend, Leader Bradford requested a legal memo from the Office of General Counsel, which confirmed that without enabling legislation setting up the program, my administration legally cannot implement it.
00:41:13.000 Knowing the two chambers will not reach consensus at this time to enact pass, unwilling to hold up our entire budget process over this issue, I will line-item veto the full $100 million appropriation.
00:41:22.000 It will not be a part of this budget bill.
00:41:23.000 So instead of weighing in and pushing his own Democrats in the House, in Pennsylvania, to allow for vouchers for kids, Josh Shapiro is now using his line-item veto to simply slice it out of the Senate budget.
00:41:36.000 He's pledging to do that so that he can get the rest of his budget passed.
00:41:41.000 So, um, Amazing work there from Josh Shapiro, refusing to say boo to his own party.
00:41:47.000 The unions got to him is what happened right there.
00:41:49.000 The unions and the Democratic Party in his own state, they got to him because again, the Democratic Party is run in large measure by various public unions, which is one of the reasons why you see so many Democrats like Joe Biden deeply in hock to these unions.
00:42:03.000 Okay, meanwhile, in other local Democratic news, we have the tragic marital story of Bill de Blasio and Charlene McRae.
00:42:11.000 And if those two crazy kids can't make it...
00:42:14.000 Can any of us?
00:42:15.000 Truly?
00:42:16.000 So you remember that Bill de Blasio is a very tall, Frankenstein-esque monster-looking weird old dude who killed a groundhog.
00:42:24.000 He's also a communist mayor of New York.
00:42:26.000 And you remember that his wife, Charlene McRae, is a political radical.
00:42:31.000 They married in 1994, but now things have changed, folks.
00:42:35.000 This romantic story is at an end.
00:42:38.000 And I think we should all shed a tear for Bill de Blasio.
00:42:41.000 That dude's had a rough couple of years, right?
00:42:43.000 He was mayor of New York, and then overwhelmingly people hated his guts.
00:42:46.000 And then he tried to run for president, and people overwhelmingly hated his guts.
00:42:50.000 And then he thought about running for Congress, and people overwhelmingly hated his guts.
00:42:53.000 And now it turns out that his wife might overwhelmingly hate his guts, as it turns out.
00:42:58.000 We'll get some more on that story in just one moment first.
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00:44:04.000 So I have to tell you the rest of this tragic and heartbreaking and truly just devastating story about Bill de Blasio and Charlene McRae.
00:44:12.000 A beautiful, beautiful couple who just, their relationship just didn't last the test of time.
00:44:18.000 Quote is from the New York Times.
00:44:19.000 About two months ago, another stale Saturday night of binge-watching TV at their Brooklyn home, Bill de Blasio and Charlene McRae surprised themselves.
00:44:27.000 It began with an offhand remark.
00:44:28.000 Why aren't you lovey-dovey anymore?
00:44:30.000 Mr. de Blasio, the former New York City mayor, asked, according to Ms.
00:44:33.000 McRae, his wife.
00:44:34.000 It moved quickly, both said, into the sort of urgently searching dialogue that had been necessary for years but avoided until that moment.
00:44:40.000 A full accounting of their relationship.
00:44:42.000 What they wanted.
00:44:43.000 What they were not getting.
00:44:44.000 So, first of all, why aren't you lovey-dovey anymore is like... Is Bill de Blasio a dude?
00:44:50.000 I don't know.
00:44:52.000 That's a weird thing to say to your wife.
00:44:53.000 Why aren't you lovey-dovey anymore?
00:44:56.000 Okay, anyway, I can't imagine why Shirlene McRae is off the bandwagon.
00:45:00.000 She says, you can't fake it.
00:45:02.000 I do love that they went to the New York Times to tell this amazing story.
00:45:05.000 So most people, if they had this going on in their lives, they would kind of, you know, keep it under wraps and live their life.
00:45:10.000 Not de Blasio and Shirlene McRae.
00:45:11.000 They're like, man, straight to the New York Times.
00:45:13.000 Do we have a tale to tell?
00:45:15.000 You can feel when things are off, Mr. de Blasio said, and you don't want to live that way.
00:45:19.000 They made their decision that night.
00:45:20.000 Mr. de Blasio and Ms.
00:45:21.000 McRae are separating.
00:45:23.000 They are not planning to divorce, they said, but they will date other people.
00:45:28.000 They will continue to share the park-slope townhouse where they raised their two children now in their 20s, the vinyl-sided hub of a thoroughly modern political family whose mixed-race symbolism helped send a spindly progressive long-shot to City Hall.
00:45:40.000 As with much about their marriage, its strain is imbued with civic resonance, a decade after the pair became what was then the most significant and dissected biracial couple in American politics.
00:45:50.000 As with much about their marriage, they see lessons for others, even in its tunnels, both for workaday couples negotiating the challenges of growing old together, and for the small subset who expose themselves to the uncommon glare of public scrutiny.
00:45:59.000 I love this.
00:46:00.000 So their marriage fails, and they're banging others, and their immediate response is, we should lecture everyone else about how marriage should work.
00:46:09.000 Gotta love progressives, man.
00:46:10.000 It's like they set themselves on fire and they're like, let me lecture you about fire safety.
00:46:15.000 I have some words about asbestos.
00:46:19.000 What the hell is wrong with you people?
00:46:20.000 de Blasio said, I can look back now and say, here were these inflection points where we should have been saying something to each other.
00:46:26.000 And I think one of the things I should have said more is, are you happy?
00:46:29.000 What will make you happy?
00:46:30.000 What's missing in your life?
00:46:34.000 It is easy to forget now, after two uneven terms, a calamitous 2020 presidential bid, a decade of slashing tabloid headlines by turns, earned and gratuitous, precisely because of what it felt like to see Mr. de Blasio and Ms.
00:46:49.000 McRae step into power.
00:46:50.000 They were visually, viscerally distinctive.
00:46:54.000 A living testament, supporters said, to the breadth and promise of New York.
00:46:57.000 I love when, again, the New York Times is making them into the model couple.
00:47:00.000 Oh my god, you know what?
00:47:00.000 They're so amazing because he was white and she was black and that's just absolute wow.
00:47:06.000 Just wow!
00:47:07.000 Because that's never happened any time in modern American history.
00:47:11.000 By the way, polls say that 94% of Americans are totally cool with interracial marriage and don't care.
00:47:16.000 But it was, like, amazing.
00:47:18.000 Over a nearly three-hour interview— Oh, man, these people would be— Can you imagine having these people to your dinner party?
00:47:22.000 These are the most insufferable people on planet Earth.
00:47:27.000 Giant lurch commie and his radical racial activist wife show up to tell you about how they're banging others.
00:47:34.000 Woo!
00:47:34.000 For three hours.
00:47:36.000 That's a dinner coming at you.
00:47:38.000 Over a nearly three-hour interview during which they cupped hands sporadically and once high-fived in agreement.
00:47:44.000 Ah, hot.
00:47:45.000 Mr. de Blasio, 62, and Ms.
00:47:46.000 McCrae, 68.
00:47:48.000 Well, turn it— 62 and 68 and you couldn't hold it together?
00:47:50.000 What, are you so wildly attractive at 62 and 68?
00:47:54.000 Like, at that point, just play out the string, my friends.
00:47:58.000 62 and 68.
00:47:58.000 Like, Bill de Blasio's gonna be hot on that Tinder market.
00:48:03.000 De Blasio, 62, and Ms.
00:48:04.000 McCrae, 68, were alternatively wistful and upbeat, self-critical and defiant.
00:48:08.000 Rather than issue a terse joint statement to announce what they called a trial separation, the carefully worded fate of so many political marriages before theirs, the two suggested they wanted to get considerably more off their chests.
00:48:19.000 Oh, they're so obnoxious.
00:48:21.000 Instead of just being like, they're not even divorcing, by the way.
00:48:23.000 They could have just done what they did.
00:48:25.000 Instead, they're like, we won't even do a statement.
00:48:27.000 We will call up our New York Times reporter and do a three hour interview.
00:48:31.000 They concluded, Mr. de Blasio more forcefully than Ms.
00:48:33.000 McRae, that their marriage would not have reached this place if he had never been mayor.
00:48:37.000 As grateful as they said they were for the experience and as proud as they remain of their work.
00:48:41.000 They cited the COVID crisis as an all-consuming external shock that suppressed more probing discussions about their post-City Hall lives might look like.
00:48:48.000 It made me emotionally very needy, he said, and we were not as connected.
00:48:52.000 I think that he was very annoying is the impression I get.
00:48:54.000 You know how I know that?
00:48:55.000 Because he's been a public figure for a long time and he's super annoying.
00:49:00.000 Yet they also clocked a shift in their relationship a year earlier, they said, coinciding roughly with the presidential run.
00:49:04.000 Ms.
00:49:05.000 McRae viewed with deep skepticism.
00:49:06.000 Well, then she was the realist.
00:49:08.000 I thought it was kind of a distraction, she said.
00:49:10.000 Kind of true, he said.
00:49:12.000 Point for Chirlane.
00:49:14.000 Asked how it felt when de Blasio proceeded anyway, she said she had to be supportive.
00:49:18.000 That's part of the difficulty of being a package, she said.
00:49:21.000 Asked what she was seeking from this new formulation, she suggested she might enjoy the non-glow of being with a non-public figure.
00:49:27.000 I just want to have fun, she said.
00:49:29.000 Adding, as Mr. de Blasio turned to her, it's not that we haven't had fun.
00:49:31.000 Thank you, honey, he said.
00:49:32.000 There's a certain weight, she said, that goes with being with Mr. Mayor.
00:49:37.000 Oh my god, these people.
00:49:41.000 By the way, there were some red flags here, I will note.
00:49:44.000 Quote.
00:49:45.000 While Mr. de Blasio said they had become so secure in their marriage he had little reason to doubt its strength, unwelcome thoughts could creep in.
00:49:51.000 One of them both said it involved their own parents' difficult marriages.
00:49:53.000 Another was about Ms.
00:49:54.000 McRae.
00:49:55.000 For the guy who took a chance on a woman who's an out lesbian and wrote an article called, I am a lesbian, Mr. de Blasio said, there was a part of me that would at times say, hmm, is this a ticking time bomb?
00:50:04.000 Is this something you're going to regret later on?
00:50:06.000 So I always lived with that stuff.
00:50:09.000 Oh.
00:50:10.000 Well.
00:50:12.000 Yeah.
00:50:13.000 Oh.
00:50:13.000 But they're happier now.
00:50:15.000 The New York Times assures us.
00:50:16.000 They're both happier now than they have been in some time, they said, taking care to project a practiced warmth inside their kitchen, where Mr. de Blasio at one point wiped something from her face.
00:50:25.000 Oh, man.
00:50:27.000 Oh, wiped something from her face.
00:50:30.000 Oof.
00:50:31.000 A few weeks after their impromptu session amid that Saturday night of television, they exchanged written messages outlining what we felt about the moment.
00:50:37.000 What's cool, what's not cool, whatever else.
00:50:40.000 One of the things we're saying to the world is we don't need to possess each other, he added.
00:50:45.000 He quoted two favorite phrases of Ms.
00:50:46.000 McRae's, labels put people in boxes, and those boxes are shaped like coffins!
00:50:51.000 And, I never want to be stuck.
00:50:53.000 And one prized by his brother, a Tibetan Buddhist, avoid attachments.
00:50:58.000 So they're going to share a home, and it's going to be super awkward, and yeah, that's going to be terrible, and thank you guys for sharing, and your marriage sounds terrible, and if you could go away, that'd be unbelievable.
00:51:14.000 And by the way, can you imagine what the actual dates are like?
00:51:19.000 Like the blazer just shows up on a date, can you imagine how fast his date You know, creates a Wile E. Coyote-style hole in the wall running out of the room.
00:51:30.000 Ooh boy.
00:51:30.000 Alrighty, time for a quick thing I like and then a quick thing that I hate.
00:51:34.000 So, things that I like today.
00:51:37.000 The Sound of Freedom has been almost entirely ignored by the mainstream press.
00:51:41.000 We talked with Jim Caviezel and Tim Ballard, who are involved in the making of the movie.
00:51:48.000 The Sound of Freedom has blown it out at the box office.
00:51:51.000 David Suisa, writing in the Jewish Journal of Los Angeles, points out that this movie grossed around $11 million on its July 4th opening.
00:51:59.000 Its per-screen average was twice that of Indiana Jones and the Dial of Destiny.
00:52:04.000 About $4,600 in 2,600 theaters compared to $2,600 in 4,600 theaters for Indiana Jones.
00:52:10.000 The movie's been blacked out of any coverage from mainstream outlets because, of course, Jim Caviezel is an overt Christian.
00:52:19.000 And the media apparently don't care all that much about child trafficking.
00:52:21.000 So there are lots of important messages the media are perfectly willing to resonate to, including, of course, gay storylines for children.
00:52:29.000 But when it comes to actually fighting sex trafficking of children by making a mainstream movie about it, the media have completely blacked out Sound of Freedom.
00:52:38.000 Sound of Freedom doesn't matter.
00:52:39.000 It's been doing amazing at the box office thanks to people like you.
00:52:41.000 And if you haven't seen the film yet, you totally should.
00:52:43.000 It is worth the watch.
00:52:45.000 Here's a little bit of the preview.
00:52:47.000 These are the fastest growing international crime network that the world has ever seen.
00:52:53.000 It has already passed the illegal arms trade, and soon it's gonna pass the drug trade.
00:52:58.000 Because you can sell a bag of cocaine one time to the child, five to ten times a day.
00:53:06.000 God's children are not for sale.
00:53:11.000 So, it's really well made, it's very disturbing.
00:53:16.000 And, um, and it's being reviewed nowhere.
00:53:19.000 Literally, the only major review that's been done of it is over at Variety.
00:53:21.000 That's the only one.
00:53:23.000 Otherwise, it's being ignored.
00:53:25.000 Why?
00:53:25.000 Well, because the people who made The Chosen made it, and because Jim is in the movie, and we must ignore anything that an overt Christian is in.
00:53:31.000 That's the way it works in Hollywood.
00:53:32.000 Doesn't matter.
00:53:33.000 The crowd is still out to see it.
00:53:34.000 So, uh, good for the makers of the film.
00:53:36.000 Okay, time for a quick thing that I hate.
00:53:43.000 So, Jada Pinkett Smith seems like an awful human being.
00:53:47.000 I say that because she banged her son's friend, and then she taped herself telling Will Smith about it, which seems really, really unpleasant.
00:53:56.000 And you want to talk about broken relationships, relationships that don't seem to work too well?
00:54:01.000 Well, they have externalities.
00:54:02.000 One of those externalities was Chris Rock's face during the Oscars.
00:54:06.000 But in any case, she is now reacting to her son Jaden's claim that she introduced their family to psychedelic drugs, which is excellent momming, by the way.
00:54:13.000 That's like the best kind of momming, is you're just, you're home with your kids and you break out the LSD or whatever it was.
00:54:18.000 It's like, kids, for dinner, we have spaghetti and coke.
00:54:24.000 Well, what kind of coke?
00:54:26.000 Not that kind of coke.
00:54:27.000 It's the other kind.
00:54:29.000 I brought straws!
00:54:31.000 Not for the soda.
00:54:32.000 In any case, last week, Jaden24 told audience members at the Psychedelic Science Conference all about his personal experience using psychedelics.
00:54:39.000 According to BuzzFeed News, he claimed he was introduced to this by his mother, Jada.
00:54:43.000 He said, I think it was my mom actually that was the first one to really make that step for the family.
00:54:47.000 He said it was just for her for a really, really long time, and then eventually it trickled and evolved,
00:54:51.000 and everybody found it in their own ways.
00:54:53.000 He said this going on to explain that using psychedelics allowed him to feel a new level of love for his sister Willow
00:54:59.000 and his half-brother Trey.
00:55:00.000 Well, that's uh, one way to uh, put things.
00:55:05.000 Siblings can argue so much and fight so much and Lord knows me and my siblings have done so much of that in the past, he said.
00:55:09.000 But the level of love and empathy I can feel for them inside of the psychedelic experiences and outside of the experiences has been something that's profound and beautiful.
00:55:16.000 Okay, so I suppose that this now means that the answer to my children fighting one another is to drug them.
00:55:23.000 I have four of them, and they have lightsaber fights that occasionally degenerate into, you know, actually just kind of smacking each other.
00:55:30.000 So I guess it's time to break out the mushrooms.
00:55:35.000 Apparently.
00:55:36.000 Means the siblings are gonna love each other.
00:55:37.000 Oh, these families are so successful.
00:55:40.000 Perhaps unsurprisingly, Jaden's claim his mom had been the one to introduce their family to psychedelics is the one that took the internet by storm.
00:55:47.000 Lady, introduce a dog or camping to your family.
00:55:48.000 You don't introduce psychedelics, said one person.
00:55:50.000 This is the most unserious family ever, said another.
00:55:55.000 Jada said that she would be explaining everything we need to know in her upcoming memoir, Worthy, set to be released on October 17th.
00:56:00.000 Again, excellent momming.
00:56:02.000 So instead of being like, no, of course I would not just, you know, give my kids mushrooms, she's like, I do have a memoir to sell.
00:56:08.000 Here it is.
00:56:10.000 Hollywood is filled with the most narcissistic people in the world.
00:56:12.000 I mean, truly, they make Washington look like a place of great humility and tactfulness.
00:56:17.000 It all gets answered in the book, she said, before adding that the memoir will also explore all of the assumptions made about her and Will's family.
00:56:23.000 I don't think they're assumptions.
00:56:24.000 I mean, you guys kind of said what you are.
00:56:25.000 I think people have made a lot of assumptions, and you know what?
00:56:27.000 Rightfully so, she said.
00:56:28.000 I have to take ownership of that in regards to the narrative that I participated in, the falsehoods about myself.
00:56:33.000 In the book, I really explain all of that extensively.
00:56:35.000 This sounds like a terrible book.
00:56:38.000 So all of that is great.
00:56:40.000 In fact, Jada spoke about the subject with Jaden himself on a 2021 episode of her Facebook show, Red Table Talk.
00:56:47.000 That would be the same talk show where she just unleashed on her husband that she had banged her son's friend.
00:56:52.000 Explaining that she was introduced to a plant medicine a decade prior to help deal with depression, Jada told Adrian and Jaden, I struggled with depression for so long.
00:56:59.000 The thing about the plant medicine is it helps you feel better, but also solves the problems of how you got there in the first place.
00:57:02.000 Well, my favorite thing about that is all the people are like, trust the science!
00:57:05.000 Here's a plant!
00:57:08.000 Guys, like, plant medicine doesn't- like, arsenic is a naturally occurring substance.
00:57:15.000 Mushrooms can poison you to death.
00:57:17.000 One of my favorite- I do love it when all of the people who are like, trust the science!
00:57:21.000 Give your kid the COVID jab!
00:57:23.000 The science says so!
00:57:24.000 Those are the same people who are like, woo woo crystals!
00:57:27.000 The crystals will heal you.
00:57:29.000 They have healing properties.
00:57:30.000 And also, I like plant medicine.
00:57:32.000 Which plants?
00:57:33.000 I don't care.
00:57:34.000 I just go out in my front yard and take a bite out of a tree.
00:57:37.000 Strong stuff from Jada Pinkett Smith.
00:57:40.000 It's all about where you're sitting and why you're doing it.
00:57:41.000 She said, every drug that's on the market right now can be abused.
00:57:44.000 You can use it for good.
00:57:45.000 You can use it recklessly.
00:57:47.000 Then Jaden opened up about how he started using magic mushrooms out of sheer curiosity.
00:57:51.000 After discovering that scientific studies had labeled the drug as one of the most significant advances in treating depression since Prozac.
00:57:57.000 Explaining that he experienced ego dissolution, a state in which self-identity is completely lost.
00:58:02.000 Jaden said, it was always in my head talking, telling me what I was, what I wasn't.
00:58:05.000 That was the moment that really changed me.
00:58:08.000 Oh, it seems like so many beautiful families in Hollywood who should probably be writing scripts and making films that they then sell to you and your kids about how families ought to operate.
00:58:17.000 Their moral standards are the best moral standards.
00:58:20.000 We should totally take them seriously on all of these matters.
00:58:23.000 For sure.
00:58:25.000 Alrighty guys, the rest of the show is continuing right now.
00:58:26.000 You're not going to want to miss it.
00:58:27.000 We'll be getting into the mailbag.
00:58:28.000 If you're not a member, become a member.
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