00:03:02.000Here we are sadly facing a full year of war.0.91
00:03:05.240And I don't think anybody realized at the beginning that we would be here.
00:03:09.180The American people, they know what it's like to fight for independence.
00:03:12.800They know how important sovereignty is.
00:03:15.160And the American people always want to stand up for those kinds of values,
00:03:18.540for democracy, for freedom, and for independence.
00:03:20.820And they're doing that now in helping Ukraine as they fight for their very lives and for their independence.
00:03:27.940And we're absolutely working in lockstep with allies and partners to make sure that Ukraine can succeed on the battlefield so that this war can end.
00:03:35.580And the sooner it can end, the sooner that it can be a peace, a just peace that President Zelensky will support, the sooner this extra pressure that Mr. Putin has caused on the global economy, global food stores, global oil reserves, that can be mitigated.
00:03:51.760Polls in the United States are suggesting that a growing number of Americans believe that the U.S. is giving too much support to Ukraine.
00:03:59.520What would your message be on the anniversary to those Americans?
00:04:48.720If they do not change their opinion, if they do not understand us, if they do not support Ukraine,
00:04:59.020They will lose NATO, they will lose the clout of the United States, they will lose the leadership position that they are joining in the world, that they are joining for a very fair reason.
00:05:15.600And they will lose the support of the country with 40 millions of population, with millions of children.
00:05:23.000Are American children any different than ours?
00:05:25.760Don't Americans enjoy the same things as we do?
00:07:38.840so what about bob uh bonds though like if you're not looking to trade if you're just looking for
00:07:56.220the capital preservation and if you're looking for yield how do those look relative to equities
00:08:02.060right now well there's nothing wrong with cash right yeah it's often seems a little too boring
00:08:08.080for many investors. But when you think about yielding five percent in a way that is risk-free
00:08:13.860when it comes to price and gives you all that option value to come into the market as new
00:08:19.680opportunities emerge, cash really is the best asset in the book these days. It's just it's not
00:08:26.520as exciting at the cocktail parties as finding particular nooks and crannies in the market.
00:08:31.820Just in terms of the Fed speak we've gotten today and in general this week, it continues to be
00:08:36.440we need we have more work to do. The Fed has more work to do in terms of inflation,
00:08:40.600but that they're not ruling out the possibility of a soft landing. You take that and you factored
00:08:46.320against the fact that we've basically seen M2 collapse. You've got this two decade high in
00:08:50.720rates. I mean, how realistic is it to believe that we're going to get a soft landing here?
00:08:55.040There will be no soft landing. And anyone who tells you that is is is hoping rather than looking
00:09:03.020either at the data that's coming in or at previous experiences.
00:09:07.780And the reason why that is, is that when we look at the data that's happened, particularly
00:09:12.220today's data, what it suggests is durable, entrenched inflation.
00:09:17.820And what has to happen in order to break that inflation is a significant tightening of monetary
00:09:23.420policy and with that, a slowdown in the overall economy.
00:09:26.760And so soft landing was a hope a few weeks ago, a small possibility, but it's totally off the table when we see the dynamics of what's going on.
00:09:37.340The Fed will need to tighten and it will need to get that slack in the labor market in order to achieve its mandate.
00:09:45.760OK, totally off the table, a soft landing. It's Friday, 24 February in the year of our Lord, 2023.
00:09:52.180It's the second anniversary of the – I guess it's the first anniversary of the war in Ukraine, started by our sociopathic oligarchs or sociopathic overlords, as Ben Harnwell would say.0.55
00:10:09.620A lot there – I've got a couple of different ways we're going to break this up.
00:10:15.640First off, Peter, breaking news this afternoon with all this going on and everything is that China put out a 12-point peace plan last night.
00:10:26.740It didn't look like it got to the core of the issues that I thought.
00:10:32.540And Zelensky, as soon as he heard about it, said, yeah, I'm interested in that.
00:10:35.140And today he's, I think, formally going back and says, I want to meet with Xi.
00:10:38.880I guess he's just not that into Biden after $200 billion and kowtowing and slobbering all over him.
00:10:45.640And by the way, that jerk, we're going to, we're going to, and he's a jerk.
00:12:39.800And either way, it's bad, because how can Biden allow this guy who he's given so much of American taxpayer money to to go play us off against the Chinese?
00:14:27.880We're going to get into the economics of it as today, it's come to the realization, which we've been telling people, there ain't no soft landing out there.
00:16:24.640About Bob, bonds, though, if you're not looking to trade, if you're just looking for the capital preservation and if you're looking for yield, how do those look relative to equities right now?
00:16:37.240Well, there's nothing wrong with cash, right?
00:16:39.200Yeah. It's often seems a little too boring for many investors.
00:16:43.360But when you think about yielding five percent in a way that is risk free when it comes to price and gives you all that option value to come into the market as new opportunities emerge, cash really is the best asset in the book these days.
00:16:59.420It's just it's not as exciting at the cocktail parties as finding particular nooks and crannies in the market.
00:17:05.260Just in terms of the Fed speak we've gotten today and in general this week, it continues to be we need we have more work to do.
00:17:12.760The Fed has more work to do in terms of inflation, but that they're not ruling out the possibility of a soft landing.
00:17:18.940You take that and you factor it against the fact that we've basically seen M2 collapse.
00:17:23.140You've got this two decade high in rates.
00:17:25.420I mean, how realistic is it to believe that we're going to get a soft landing here?
00:17:30.720And anyone who tells you that is hoping rather than looking either at the data that's coming in or at previous experiences.
00:17:42.060And the reason why that is, is that when we look at the data that's happened, particularly today's data, what it suggests is durable, entrenched inflation.
00:17:51.180And what has to happen in order to break that inflation is a significant tightening of monetary policy, and with that, a slowdown in the overall economy.
00:18:01.360And so soft landing was a hope a few weeks ago, a small possibility, but it's totally off the table when we see the dynamics of what's going on.
00:18:11.440The Fed will need to tighten, and it will need to get that slack in the labor market in order to achieve its mandate.
00:18:17.860the tightening of monetary policy uh dr peter navarro economist from harvard and uh president
00:18:27.780trump's right-hand man on all things manufacturing walk us through this week i think it is setting
00:18:33.120into folks the crisis we have on fiscal policy with these massive deficits and nobody doing
00:18:38.940anything about it and now with monetary policy make it make sense for us dr navarro sure and
00:18:44.820That clip sounded like you, me, and Cortez about six months ago, right?
00:23:18.580That may be your greatest accomplishment.
00:23:20.120You and Trump, 0.8%, and in 19 before they sent the bioweapon over here, the economy was on fire, wages were on fire, there was no inflation.
00:23:32.060That is a golden age, ladies and gentlemen.
00:23:34.280That is the work of Donald John Trump and his team.
00:26:35.960And I'm hearing that they're going to come in with the old okey-doke because they don't want to burden the 24-candidate with something that's not politically palatable.
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00:29:52.720Act one takes place between the November 3rd, 2020 presidential election and the filing of a $1.6 billion lawsuit by a voting machine company on March 26th, 2021.
00:30:06.420Act 2 includes the rise of blatant never-Trumpism within Fox after the filing of that lawsuit.
00:30:17.400Some of the big names that come to mind on the never-Trump side include
00:30:21.660Brett Baer, who made that on-air bogus Arizona call.
00:30:26.960Karl Rove, chief strategist for the globalist George W. Bush-Mitch McConnell wing of the traditional Republican Party.
00:30:35.740The Fox News anchor, Canadian John Roberts, who used to constantly chide me on and off the air about my nationalistic and bi-American views.
00:30:46.960The always acerbic Neil Cavuto, who I actually like.
00:30:51.720And before he parachuted off the Fox Island to CNN land, Chris Wallace, who I genuinely dislike.
00:31:00.180On the board of directors, there is also former Speaker of the House, Paul Ryan.
00:31:05.740who pops up constantly on the air to throw digs and darts at Donald Trump.
00:31:10.080Of course, in the executive corps, there is Suzanne Scott, who runs Fox News,
00:31:15.260and Lauren Pedersen, who runs Fox Business.
00:31:19.300Here, I should note that it appears to be primarily Suzanne Scott and Lauren Pedersen
00:31:25.340who enforce the ban against televising Trump rallies
00:31:29.600and prevent pro-Trump folks like me from getting any airtime on Fox.
00:31:35.740So, here's my request, advice, and admonition all rolled up into one big ask.
00:31:42.780Until Fox News starts televising Trump rallies, and until it allows legitimate pro-Trump surrogates like me and Mike Lindell and Rudy Giuliani back on their airwaves, please cut the Fox News cord.
00:31:57.480do it today. So cut that Fox News cord and try Real America's Voice, and particularly on that
00:32:06.400Real America's Voice, Steve Bannon's War Room, John Solomon, and Charlie Kirk Show. On the print
00:32:12.400side, you can try the drudge alternative CitizenFreePress.com. That's CitizenFreePress.com
00:32:20.480to view the daily news landscape. And of course, you should not miss the Hoff Brothers Gateway
00:32:25.820Pundit, Darren Beattie's Revolver News, or Rahim Ghassam's National Pulse. And of course,
00:32:31.100my two favorite national and international newspapers are the Epoch Times and Washington
00:32:36.000Times. There are millions of people in this country that don't know that President Trump
00:32:46.120went to East Palestine, Ohio, because Fox didn't cover one second of it. It's one thing to not
00:32:52.140cover rallies they can make decisions about that uh there's another thing about not having peter
00:32:56.900navarro on they got to make a decision about that right but not to cover not to cover uh the um
00:33:03.780the the the big news that came out of the forcing function that was east palestine is not acceptable
00:33:09.880do you agree with that they people should know fox has put trump in the cooler under no
00:33:16.200circumstances, and remember Fox and the guys like Ken Griffin and Paul Singer and Larry Fink and
00:33:24.460Schwartzman, these guys, DeSantos is their weapon of choice now. But they'll go to another weapon
00:33:31.240of choice, including a Democrat. This is all in, and the Murdochs are in on this. This is no chance
00:33:38.720of Trump back in the White House. That's their policy. And they'll use anything, including a
00:33:42.820democrat to do that peter navarro your thoughts yeah you frame that correctly that was a legitimate
00:33:50.020news story trump in east palestine because uh it was it became a forcing function it was a huge
00:33:58.840political dynamic where it forced buddha judge and biden to actually pay attention so to to
00:37:11.820In the podcast, I talk about the self-censorship that's going on among a bunch of people there who are pro-Trump people, and they can't say a word.
00:37:39.420I'm just saying from a pure news perspective, the most important news hit we had this week was not Joe Biden giving away more hundreds of billions of dollars and rubbing up on Zelensky, who turned on him right away and wants a meeting with Xi.
00:37:56.300It is Trump going to East Palestine, Ohio.
00:38:00.380It's driving the political process not to cover a second of that, not to make that part of your coverage and a main part of your coverage, particularly if you're a conservative network, just shows you the fixes in.
00:38:11.060They have no interest. They are there to block Trump, and they are going to work with Ken Griffin and Steve Schwartzman and Paul Singer and Larry Fink and all the other, you know, Steve Wynn, all the other billionaire oligarchs.
00:38:24.200It's anybody but Trump, including, and wait for it, including if DeSantis doesn't work out, they'll go to somebody else.
00:38:30.580But if that doesn't work out, they will support a Democrat like they supported Hillary Clinton.
00:46:33.280Boris Epstein, here's my question, and I can't
00:46:36.360even imagine. I mean, it's incomprehensible to think this would happen to President Trump
00:46:39.860because he wouldn't allow it. After all of this bowing down and kissing Zelensky's0.95
00:46:44.240ass, the Chinese, and we know because0.99
00:46:47.340Blinken is threatening to release the intelligence.0.59
00:46:51.920Everybody knows they've been giving them, quote, unquote, non-lethal military aid since the very beginning.
00:46:57.560Also, we know they've been giving them lethal military aid and sidebars with cutouts because Blinken's, you know, threatening to go to the U.N. and show the intelligence.0.87
00:47:07.720The Chinese throw out this 12-point program.0.74
00:47:11.000And the next thing you know, Zelensky, who's Mr. I've got to have every soldier out of every inch of territory.0.96
00:47:16.440I have to have a trillion dollars of reparations, and I need – the United States has formally declared them war criminals.
00:47:23.020They need to go to The Hague and be tried as war criminals.0.86
00:47:25.740The Chinese still have some bogus 12-point plan, and next thing you know, Zelensky is saying this afternoon, I want to meet with Xi, and I want to meet with him right away.0.92
00:47:34.400This is just one more humiliation.0.97
00:47:37.260In front of the Chinese, this shows you you're a tributary state.1.00
00:47:40.460This is why they have no respect for us, and I know these gangsters better than anybody.1.00
00:47:45.100That's where they've – I'm the only first civilian in history to be fully sanctioned by the Chinese Communist Party across the board because they know I'm their enemy, okay?
00:47:53.640And I know how to take them down working with Lao Bajing.0.92
00:47:56.560Talk to me about everything Biden's done, including our nation's capital is festooned with Ukrainian flags up and down Constitution Avenue.
00:48:04.360For them to sit there at the first time that Xi and his team scratches him on the belly, he rolls over and wants a meeting, sir.
00:48:15.100Of course, Steve. And by the way, this is a meeting that Zelensky is asking for with the Chinese, while our defense secretary, the American defense secretary, Lloyd Austin, saying, oh, you know, I keep calling the Chinese defense ministry.
00:48:26.520He just won't pick up. Well, we'll just keep calling. This is a disaster. It's an embarrassment.
00:48:33.480And it is another indication of just how terrible, how pathetic, how awful this lack of leadership, this void of leadership is.
00:48:42.800And what we have right now is an illegitimate president, illegitimate administration in the United States, and everybody knows it.
00:48:52.960And that's why they're disrespecting Joe Biden, disrespecting the defense secretary, disrespecting America.
00:48:58.980And Zelensky takes all our money, takes all our resources, let's be honest, boots on the ground, and he throws it right in our face and says, let me meet with Xi, maybe I'll get more.
00:49:07.580That is double dealing, but it's double dealing that would have been expected by anybody with a half an understanding.
00:49:12.800have an understanding of world politics.