Kamala Harris is running for president, and she's got a plan to make inflation a problem. She wants to ban prices on eggs and meat, and make it illegal to buy them on the black market. It's a plan that's not only bad economics, it's bad politics.
00:03:49.920Both Harris's dead-on-arrival price controls and her gaffe-laden speech delivery have highlighted one of Harris's greatest vulnerabilities,
00:04:03.020her utter lack of any basic understanding of economics.
00:07:30.040I was like, I'm trying, I saw this, I was watching, I was watching Leland Vitters on his show, right?
00:07:39.620And it's like, not an endorsement, by the way, just, you know, you can study kind of what's out there.
00:07:45.680And so I'm watching this price gaging.
00:07:50.780And so later, like, when I wanted to write a column about it and talk to you about it like this, I'm getting on the internet, going to my Bing, going to Google, going to my AI search.
00:08:53.440And when you watch her do that, before she says price gaging, there's like this big, like, um kind of thing going on there, which means she is, she's like drowning.
00:09:07.040And whoever, if it was Carville, whoever decided that the first thing she should do is his speech on economics and then let her do that, oh, my, my, my, thank you.
00:09:21.600Tim Waltz is the gift that keeps on giving on.
00:09:24.560I mean, with a guy who right out of the gate is nicknamed Tampon Tim, I mean, come on, come on.
00:09:32.520Imagine this now, by leading with her glass economics jaw, Kamala Harris has opened the door to the obvious critique that Kamala herself is most to blame for much of the current inflation.
00:10:04.880Demand-pull type, in which too much money is chasing too few goods in the U.S. economy.
00:10:13.340I'm having flashbacks to the classroom now when I was teaching this.
00:10:17.780Kamala wasn't in the class, but there were a lot of others.
00:10:20.580As for where this too much money chasing too few goods has come from, look no further than the two major budget-busting and inflation-generating pieces of Bidenomics legislation
00:10:38.060that Kamala Harris herself, as president of the Senate, cast the tie-breaking votes for.
00:11:01.700And the 2022 $740 billion, that's almost a trillion, Inflation Reduction Act.
00:11:13.060And by the way, whenever I say Inflation Reduction Act, I get like this because it's so, I mean, it's so Orwellian to call what they did the Inflation Reduction Act
00:11:29.700when it should have been called the Inflation on Steroids Act.
00:11:33.740And yeah, I'm making the point that Kamala was the tie-breaking vote.
00:11:38.040Okay, little things that you learn in the war room, things that I learn when I kind of do stuff like this.
00:12:39.300And bread is up because of let them eat cake Kamala by 15%.
00:12:47.700As I noted on the stage of the Republican National Convention, in Trump's America, you didn't have to choose between food on the table, medicine in the cabinet,
00:13:06.440As a final note on Kamala's economic speech, she made a very big deal of making housing more affordable.
00:13:13.500I'll come back to this in the next segment.
00:13:16.460Yet here again, Harris illustrates her own total lack of understanding of the inexorable connection between today's lack of affordable housing
00:13:26.380and Kamala's own inflation-inducing actions that have, in turn, spiked mortgage rates.
00:16:16.900My four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character.
00:16:53.520This thing about Birch Gold, one of our great sponsors, they always want me to do like a read on this.
00:17:02.120But look, the reality here is that Birch Gold is perfectly positioned in the marketplace for the Biden-herish inflation-generating regime.
00:17:16.060And we just spent the whole segment talking about how Kamala's two tie-breaking votes in the Senate have led not just to the runaway inflation, but also to the lack of housing affordability by driving mortgage rates up.
00:17:33.260So, the point is that, and you can run that thing up a little bit, gold and silver are an excellent way to diversify your savings, right?
00:23:53.160Well, she's the defunding the police queen.
00:23:57.480I mean, let's remember when the riots broke out in Minnesota, she's talking the defunding the police trash at the same time that she's raising money for the BLM and Antifa protesters who are getting arrested, maybe.
00:24:18.280I don't know if they even did any of that.
00:24:20.160He's raising money for the people who are burning down the city, even as Tim Waltz, her running mate.
00:24:37.440Kamala Harris is saying defund the police at the same time that she's raising money for illegal defense for the people who are burning down the city.
00:24:58.480You broke Minneapolis, Kamala, and you bought that crisis.
00:25:02.580People know that Donald Trump's tougher on crime.
00:25:07.460And all I have to do is look at San Francisco to get that point.
00:25:10.580What else have you bought because you broke it?
00:25:17.000Well, certainly part of that inflation is the higher gasoline, home heating, energy costs, right?
00:25:25.440So, as we talked about last Friday, when you are the defracking princess of Pennsylvania, folks in Pennsylvania, I hope you're watching this right now.
00:25:45.960Used to have a bad name, but now they do it a lot cleaner, safer, whatever.
00:25:49.900And, by the way, it yields oil and natural gas, which you need for your car.
00:25:54.980You don't want to pay, I don't know, what, 25, 30, 40 percent more to get from A to B just to help the Saudis and the Russians who are selling it to you now because Pennsylvanians aren't fracking and getting paid.
00:26:12.780So, she bought the energy crisis as well.
00:26:22.820So, I guess it gets down to whether she has really good advisors who are seeing something in that narrow sliver of voters who are going to be swung one way or the other at the end.
00:26:42.300And, I mean, are these folks, I think, I think, I think this is probably what, I think she thinks these people are so dumb and out of touch, so kind of wrapped up in TikTok stuff on their phones or whatever it is or sports gambling or whatever, you know, kind of like it's the Hillary Clinton.
00:27:06.380And, I think they're looking down the nose at Americans thinking they're stupid, that somehow she thinks she can get away with breaking stuff and not having to pay that price come Election Day, breaking the economy, breaking the border, crime in our cities, higher prices at the pump.
00:27:33.460She's going to try to run away from that at this, this thing they call the DNC convention.
00:27:40.580You watch, as I said earlier, she's going to, she's going to try to run away from Joe Biden faster, faster than a running mate, Tim Walsh, ran away from Iraq.