Episode 4458: CCP Capture Of Legacy Media
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Summary
It's a big week here in D.C., and down in Palm Beach, as the Dow and S&P 500 hit new all-time highs on Friday. President Trump and his economic team have a lot to update us on, including the latest on trade with China, the impact of the Tax Cuts and Jobs Act, and more.
Transcript
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By the way, Mad Dog, your producer gets the best clips ever.
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A big week here in D.C. in the Imperial Capital.
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We're going to go to Natalie about updates of the White House.
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Chip Roy, budget, economics, national security, all of it.
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Ashley Babbitt, I believe the government's about to announce a deal with Ashley Babbitt.
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They've at least the civil part of this has been, it looks like he's been rectified.
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Graduates of the Alabama class of 2025, standing here before you in this magnificent arena,
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it is clear to see the next chapter of the American story will not be written by the Harvard Crimson.
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If you look at what's going on, you know, they get their five billion dollars a year.
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Now, can you, wasn't that a clever one, though?
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The markets are on an upswing today, reacting to news of a better-than-expected jobs report
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and signals from Beijing that China might be open to one day, maybe, engaging in trade talks with the United States.
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Joining us now, NBC News Senior Business Correspondent Christine Romans and National Affairs Correspondent for the nation, John Nichols.
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All right, jobs numbers, explain them to me, please.
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I mean, I'm telling you, we've been so worried about this economy showing signs of cracks.
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The labor market has been a steady, consistent performer for the past few years.
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Now, these aren't the gangbusters job numbers that we saw maybe a year or two ago, but they're still good.
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That's enough jobs created to keep the unemployment rate right there at a historically low 4.2%.
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And this is not like a summer jump for summer jobs and summer retail or summer whatever.
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So this jobs report, like, survey period was the week after so-called Liberation Day.
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So, you know, I don't think there was a bunch of firing because of worries about layoffs or about tariffs that were in this number.
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A big product fair in China and how it's less busy than usual.
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This is where American, a lot of American businesses or retailers would go to pick out their products that they'd sell to the American consumer over the year.
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And it's, you know, it's not as busy as it normally is because America was a giant customer for China and Chinese goods.
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Does that mean that we are maybe in a decent negotiating position with China?
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The question of whether it's decent or indecent is sort of in the eye of the beholder.
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One thing to understand, the United States and China have been negotiating on trade for 50 years or more.
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Even now, there are, you know, there are people who communicate with each other every day.
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And so when you look at a trade fair or something like that, you are seeing anticipation of the future.
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The anticipation of the future at this point is a little bit shaky because, you know, people are scared.
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And uncertainty, you know, affects all of this.
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But at the end of the day, that's also something that brings people into the negotiating table.
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And my sense is that, you know, if you understand that the frameworks are already there, it's not just China.
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It's countries around the world that have trade relationships with the United States.
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And many of those countries, I've talked to people around the world.
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People are saying, you know, look, we're ready to walk up to that table and say, here's what we've got right now.
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So I'm always a little skeptical when they say, oh, China has indicated that they're willing to negotiate.
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It's just a question of what you get in that negotiation.
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Right now, because of the tension, I think there's a lot of desire, certainly on the side of the Chinese, maybe also on the side of the United States, to get something that calms it down and gets those trade fairs much busier.
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President Trump is trying to strong arm public broadcasting, signing an executive order yesterday aimed at cutting federal funding for NPR and PBS, arguing that they are left-wing propaganda, his words.
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In response, NPR called the order an affront to the First Amendment.
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The president has been trying to limit or intimidate institutions whose speech he does not agree with for months now, going after private universities like Harvard and Columbia, other media companies like NBC, ABC and CBS, law firms who bring cases he does not agree with, and even individuals who have spoken truths he would rather not accept, like his former CISA head, Chris Krebs, who said the 2020 election was fair.
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Pray for our enemies, because we're going medieval on these people.
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You're just not going to get a free shot at all these networks lying about the people.
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I know you try to do everything in the world to stop that, but you're not going to stop it.
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And where do people like that go to share the big lie?
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I wish in my soul, I wish that any of these people had a conscience.
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Ask yourself, what is my task and what is my purpose?
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If that answer is to save my country, this country will be saved.
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Just as we are coming on, a story breaking in the Washington Post, that would be the Jeff Bezos, Amazon, Democracy Dies in Darkness, Washington Post.
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That President Trump, their headline, President Trump plans significant or deep cuts into the intelligence community, starting with the CIA.
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It's being reported that 1,200 CIA personnel out of approximately 22,000, because I think that's actually a classified number.
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But the public number they talk about is 22,000, 1,200.
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Mainly, not so much mass firings as really are buyouts.
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As people retire and let go, these billets are not filled with new personnel.
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Like I said, all of these are kind of good first starts.
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But obviously, the CIA and the FBI, the process of really restructuring these, we're not taking a maximalist position out of the gate.
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Number one, an FBI looks like nothing's happened.
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And I hear there's 1,000 guys that have been let go, but I think it's more of this kind of they're let go over time as their contracts come expired.
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Both the FBI, DOJ, the intelligence community across the board need a massive restructuring.
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I'm going to go back and harp on what I harped on this morning.
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You need a massive restructuring of the administrative state and an eradication of the deep state.
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I haven't seen any names come of the CIA being investigated.
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I haven't seen anybody perked, walked out of the CIA.
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Given what the CIA's done over the last four years, over many decades, but particularly the last four years under Biden or the FBI or the Justice Department?
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There's not a fundamental, you know, put the fear of God in them, restructuring.
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The same intensity we're bringing to the law firms, the same intensity you're bringing to the universities, the same intensity you're bringing to the broadcast media and cable.
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And there is intensity and purpose and intention.
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What do they all what do all these have in common?
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That's that's that's obviously in common, but not evil.
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Well, at the public trough, why do you have leverage over the law firms you put in there?
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We are taking you where you're not going to be able to have any clients or of any clients have government contracts.
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Oh, by the way, if any of your if any people still retain you, their government contracts are going to go boom.
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Paul Weiss surrenders in 24 hours, the toughest of the tough.
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Plus, they throw in Skadden Arps, those in one hundred million dollars of pro bono work.
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They get a couple putting up a fight, but that's a rear guard action.
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The universities, Columbia completely created Harvard's going to crater.
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Heart and Harvard, they haven't been tough enough.
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They're taking away the tax free status today or putting that in motion.
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But they haven't cut off all the government grants and government funds should be cut off immediately.
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I don't care if it's seven or eight billion dollars.
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I don't care if it's cancer, you know, the cure cancer research.
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It'll get back as soon as you as soon as you do what you what we want you to do because we're paying for it.
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And if you don't want to hear what we have to say, then fine, don't take the money.
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Larry Arndt doesn't have to listen to this because he doesn't take any government money.
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This is why now it's all, you know, people, their heads are all blown up.
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Bannon's saying you got to take on the, yeah, the public Ivies.
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University of Michigan, University of Wisconsin, University of Virginia, University of North Carolina, Berkeley, University of California, Los Angeles.
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You know, you don't have to touch the SEC schools.
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But, hey, let's throw in the University of Florida.
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And fine, you can hate on it all you want as long as you're not taking government money or an institution taking government money.
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If you're going to do that, you're going to go.
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How's Michigan going to finance the University of Michigan?
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So you got them between a rock and a hard place.
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All you're doing there is underwriting the wealthy.
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Why do it on your nickel when they hate you, they detest you?
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They're all, what you do is you cut off the money.
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Hell, Mike, the way to get to the judiciary, the start, what does Mike Davis recommend?
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House judiciary should take the budget from $10 billion to $8 billion.
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It's what ties the whole system together, have you noticed?
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Trump's the first guy to say, hey, how about this?
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It's a free country, but we don't have to pay for it.
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What does First Amendment got to do with this, dude?
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You're not going to get government funding to do it.
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And take this down to the statutory, you know, minimums.
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Go out in the street and do your First Amendment, baby.
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We're just not going to pay for your smack talk.
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You notice how you get all their attention, that they ain't so tough.
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When they don't have access to your money, it's like the Catholic bishops.
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As soon as you cut Catholic cherries off, the billions you give them, they come back
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after 50 years of a program, of 50 years of a program, to help the other, we've decided
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upon, you know, deep reflection, thought, and prayer.
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And you don't have enough now because you're not teaching Catholicism.
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So people have cut you off in the second collection.
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And all of a sudden, you can't do it unless you get taxpayer money to, guess what, invade
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The only thing these people understand is smash mouth.
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00:15:03.700
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00:15:07.300
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00:16:14.320
Tell me why President Trump has now won three elections on campaigning, three on the idea
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that the current system, the status quo, does not work.
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Really interesting, just around the three elections.
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I mean, he won two elections, and people believe that, you know, the election in 2020, he still
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I think we've done more to destroy the hegemony of the United States dollar by allowing China
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into the WTO, allowing the Chinese Communist Party to rise.
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Even the idea of stealing, what is it, Russian assets and giving it to Ukraine.
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You know, the world is not just made for America by America.
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I think you and I are both smart enough to admit that China's rise did not occur in a vacuum.
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It happened due to decades of very elite, multi-billion dollar political warfare operations
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buying off elites in my country and yours, favorable trade deals.
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Yes, and that's what we're trying to push back.
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They've gamed the system, but they're all incredibly hardworking, and they're really smart.
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And I think that's something that America sometimes misses when it looks at China.
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Yes, China has gamed the system, but China's also got there, to a large extent, by its own merit.
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Well, when you say by its own merit, I think you also mean by slave labor and repressing
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I think that's a euphemistic spin for why China's risen.
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But the reason why they're the world's second largest superpower, second richest economy,
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soon to be the richest, is not just because of those Uyghur camps, those concentration camps
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in Las Vegas, it's also because they work hard.
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They have turned good ideas into good businesses.
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Because they have absolutely infiltrated every single country in the entire world
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That's why you see the apoplexy over what's gone on with the tariffs.
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It's why they have all their goals that can culminate in 2030 to be essentially the new
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Because if you don't, they will take over the world as they already have.
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And I'm sorry, I would think a press corps that is so for open borders and mass migration
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and the idea that the American working class needs to compete with a bunch of foreign labor
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that they would be able to handle a few new media journalists plopped in there.
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And their beautiful building that's hidden behind walls and you need ID to get in.
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And I've heard all their rhetoric and narratives about that, how that's racist and inefficient.
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So I think that they should be able to handle a few new media people.
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Who in there would you point to and say is unbiased?
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What outlet do you think I should model myself after in terms of not having a bias?
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What outlet in there do you think is actually unbiased, if there are any?
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The brother got a standing eight count at the first.
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I think maybe they had taken the Daily Mail depiction of who Natalie Winters is,
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so they thought they were going to have a walk in the park.
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But it was really nice to be able to sit down with, I think, a journalist
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who represents the sort of globalist legacy media that we talk about.
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And every single issue that he tried to confront me on,
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whether it was trade, the economy, the rise of China, immigration, new media,
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and even the stuff that they cut from the interview,
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Always an honor for the legacy media people to invite us on,
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though I think I'm slowly realizing why they don't do it too much.
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I mean, Channel 4 is, you know, outside of BBC,
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or one of the most prominent in all the United Kingdom.
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it'd be like a new audience member coming to War Room
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It's nomenclature, and what are these guys talking about?
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This guy had no earthy idea on any topic he asked a question.
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You've been grinding as an intern in deep research
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and investigative reporting since you were 17 years old,
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and you know these verticals better than anyone,
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because they're looking at the pictures in the Daily Mail.
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the Xinjiang concentration camps multiple times.
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The reason why China's dominating the United States
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this is not just some random, one-off, I think, thought
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of legacy media by the Chinese Communist Party.