In this episode, the crack team talks about President Trump's historic speech to the Israeli Prime Minister, the Iran nuclear deal, and the Supreme Court's ruling on the habeas corpus case. They also discuss the Iran deal, the Chinese oil embargo, and more.
00:03:47.080It says that the writ of habeas corpus shall not be suspended unless, when cases of rebellion or invasion, the public safety may require it.
00:03:59.320Are you aware of which presidents have suspended the writ of habeas corpus?
00:06:19.080But this, I'm telling you, as we had Matt Gaetz on here today, of the converging crises in the second hundred days of President Trump's presidency,
00:06:56.040Rogan, now in Congress, they're asking the head of DHS, that's at the White House, this behind scenes is starting to pick up a lot of momentum.
00:07:06.340Mike Davis and, of course, Matt Gaetz, think we got a lot more runway before you got to get there.
00:07:14.700Walk us through where you think we stand right now with the suspension of the writ of habeas corpus, sir.
00:07:33.480The credit goes to the war room posse because if it weren't for you bringing me on to discuss it and the war room posse spreading this message,
00:07:42.800everyone watching this is the reason this may end up happening.
00:07:47.020And I do agree there is a process that needs to play out, which is what, you know, I've noticed it in the change in President Trump's phrasing, right?
00:07:57.440He's calling it an invasion in all caps and saying, I don't know why that's not being included in all our legal filings, that this is an invasion.
00:08:05.38020 million people coming across the border, if you ask anyone with a brain, they're going to say, yeah, that's an invasion.
00:08:39.900And now they're doing it with a judicial coup, right?
00:08:42.500People are wisening up to the fact that this is not normal to have this many national injunctions and for these judges to fight tooth and nail to keep violent cartel members inside this country when they didn't lift a finger to stop the 10 to 20 million coming across our border under Joe Biden.
00:09:39.300So it's not even a, oh, we want to just get these illegals out.
00:09:43.360This is for the survival of the country, which is why I think in hindsight, in historical hindsight, President Trump will look and emerge as one of our best presidents if he does this because he will truly have saved the republic.
00:09:57.500I want to go back over how driving this.
00:09:59.020Number one, let's leave the ones that folks came before.
00:10:01.980Just on Biden's watch, we know from every bit of analysis and assessment from DHS and others, 10 million illegal alien invaders just here in those four years.
00:10:40.800He's going to build the wall and other things.
00:10:42.620But we've stopped the invasion because it was an invasion.
00:10:46.020People are like, you know, the mainstream media don't want to address it.
00:10:48.160You stop the invasion in 60 to 90 days of which even Republicans said best case is going to be 2 million, like 2 million new folks a year before any of the stuff to stop them kicked in in the Langford bill.
00:11:02.000You've got $170 billion in the reconciliation bill to deport these people, to set up the logistics chain, right?
00:11:10.220And it's been demonstrated that there's 10 million here.
00:11:14.140How much more evidence do you need that it's an invasion and it's his right as commander-in-chief to remove these people, sir?
00:11:23.420And we've seen, you know, it's not just the border wall.
00:11:26.460Even with strong immigration enforcement, it just takes one radical Democrat president to completely disassemble it and basically tie Border Patrol's hands behind their back.
00:11:36.460We cannot rely purely on a border wall, but we can rely on these deportations because as much as they open the border, they can only get, as we've seen, about 10 million in per term before people rise up.
00:11:49.980So a lot of this has to do with the 2030 census, OK?
00:11:54.020And it's not just the survival of the country.
00:12:28.380Blue states have done such a terrible job at maintaining residence.
00:12:31.900Everyone's fleeing to red states that they're getting depopulated.
00:12:34.880They're going to lose electoral college votes.
00:12:36.740There's 12 electoral college votes that are going to swing to safe red seats in the 2030 census.
00:12:41.660There's if you if you deport 15, 20 million illegal aliens, that's 26 congressional seats worth of representation, which unfortunately our Supreme Court allows illegals to be counted in the census.
00:21:37.540Carmine's right now very fixated upon looking out the window of the ferry.
00:21:40.760Thank you again for the opportunity to serve, and I promise not to let you down.
00:21:45.280I, Frank Morano, do solemnly swear, that I will support the Constitution of the United States, and the Constitution of the State of New York, and that I will faithfully discharge, the duties of the Office of, Councilmember, in the New York City Council, for the 51st Council District,
00:22:14.500for the 51st Council District, in the borough of Staten Island, in the county of Richmond, in the city of New York, according to the best of my ability, Councilmember Morano.
00:22:41.220Frank, why is this such an important win right now for MAGA?
00:22:46.380One, because it's in the heart of New York City, and it shows that even in New York, people don't like defunding the police, people don't like cashless bail, people don't like the revolving door of criminals being let out so that they're home in time for dinner.
00:23:02.440It's important because even in New York, people believe in the same things that they do in the rest of the country.
00:23:09.200And it's important in Republican circles, because I think my victory shows, I ran on a very populist platform, my victory shows that the future of the Republican Party, the future of the conservative movement, is not the Bush, McCain, Romney style of so-called conservatism.
00:23:41.260And if people want to be part of the solution to making the GOP, the grand old populist party, join our mission at MoranoForCouncil.com.
00:23:52.200Frank, Charlie Spearing, one of the best reporters out there, used to work for me at Breitbart's Now at the Daily Mail.
00:23:56.880He had an amazing piece that led the Daily Mail's website for half a day, going through polling that Daily Mail had done with one of the top polling firms in the country, showing that actually New York is actually shifting right on MAGA values.
00:24:12.840And he's basically saying it's teed up for Hochul to be turfed out in the next election.
00:24:18.700Do you think there's any chance that really MAGA types can make a run at more council seats, actually take out maybe the local DA, even the mayor, the governor?
00:26:09.080One, you can go to my website, moranoforcouncil.com, make a contribution, help us out.
00:26:13.880But also, don't be fooled into labels.
00:26:16.820Don't be fooled because someone says they're a Republican into thinking they believe the same things that you believe in.
00:26:23.660The point that you and others have made, that there are times when somebody that's been a Republican elected official for the last 30, 35 years,
00:26:31.960they have a lot more in common with the Democratic establishment than they do with Donald Trump and the populist conservative right.
00:26:39.480This is such an exciting time, but it's only an exciting time, and it's only a promising time if we wake up and take this party from the D.C.
00:26:48.220swamp creatures that have done such a miserable job running it in a Bush era.
00:27:35.120It's really incredible, and keep fighting.
00:27:36.760And we're going to get Pam Bondi to shut down this Sanctuary City joke that New York City has become and end New York City's Sanctuary City status.
00:27:48.080That was my first act since being elected, is to sign on to that letter asking the Attorney General to do just that.
00:28:53.900It's a personal supply of prescribed emergency medications that puts the power back in your hands, whether it's an unexpected illness or a global disruption of supply chains.
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00:29:09.540This February, show them you care in a way that really matters.
00:29:33.880If you take a look at my bottom lines of budget reconciliation, the first principle, when we're $37 trillion in debt, according to CBO, will be about $59 to $60 trillion in 2035.
00:29:47.080My first principle would be, let's bend that curve down.
00:29:50.740Let's make sure that whatever we do, we don't increase the deficit.
00:29:54.220But right now, I think we're on track to increase the deficit.
00:30:36.180E.J., we had Senator Johnson on this morning.
00:30:40.740He's warning about, hey, we're going to blow.
00:30:43.100First off, he makes the point that you make.
00:30:45.440The debt's not going up because Besson's doing a great job of bailing water out of the boat.
00:30:52.420But as soon as we get the debt ceiling passed, there's going to be another $500 billion to a trillion on the official debt that gets counted up.
00:31:44.520Well, when that is everyone's attitude, then absolutely nothing gets cut.
00:31:48.500And that's how we got to where we are today.
00:31:51.380And I think that's part of the holdup right now with the current tax cut bill is everybody, both whether it's Democrat or Republican, doesn't matter.
00:32:00.200Almost every member of Congress, there's very few exceptions, are genuinely willing to cut the things that need to be cut.
00:32:07.160And it's becoming not just problematic.
00:32:38.160I just can't for the life of me understand why the leadership in both the House and the Senate are not making that a reality.
00:32:45.780I mean, my goodness, 95 percent of the spending that you would cut out to get us back to those 2019 levels is all stuff that the Democrats did.
00:32:54.760It's not stuff that the Democrats or that the Republicans voted for, that you can repeal the entire IRA, for example.
00:33:01.640That would save hundreds of billions of dollars, and that's not an exaggeration.
00:33:06.640The only exaggeration was when the Democrats passed the darn thing, and they told us that it was going to have a relatively small impact on the budget, and they were off by over a trillion dollars.
00:33:16.140So those were the folks that exaggerated.
00:33:18.880You can save a lot of money just by repealing the things that the Democrats passed on their own over the last four years.
00:33:27.180And again, for the life of me, why aren't they doing that?
00:33:34.240So Johnson says there's a half a dozen votes up there or more right now that view this thing as the Titanic.
00:33:40.720Give me your assessment of where you think the House stands because it's kind of very convoluted.
00:33:44.580You got people working on pieces of this.
00:33:47.800You had them to taxize ways and means.
00:33:50.460They won't put forward or let anybody see an overall number to see what their projected deficits are.
00:33:56.280But I can tell you, and we've never been wrong on this, it's going to be over $2 trillion this year or close to it.
00:34:02.640In fiscal year 26, which the reconciliation bill is, I don't know how they get – I don't know how they avoid another $2 trillion deficit at least.
00:34:12.540And that blows through the debt ceiling increase before Election Day in the midterm elections.
00:34:22.140No, Steve, you make a lot of really great points, including what you started with, saying that we're already over $500 billion essentially in the hole,
00:34:31.120meaning Treasury has been blowing through its cash account at the New York Fed in order to keep the government going with the debt ceiling being in effect this entire year.
00:34:40.160And so as soon as that debt ceiling is lifted, we're immediately going to borrow additional money.
00:34:45.440The debt's immediately going to go up so that we can replenish that missing cash from the Treasury's account.
00:34:51.400So that essentially wipes out, again, $500 billion out of the $4 trillion.
00:34:58.920And then you're going to have that $2 trillion deficit overall.
00:35:03.160You're going to have another $2 trillion, like you mentioned.
00:35:05.660And so this isn't even enough to get us through the president's current term.
00:35:10.560And that doesn't speak to the fact that we need to raise the debt ceiling even further.
00:35:15.060It speaks to the fact that we need to cut spending much more.
00:35:18.020I mean, the spending cuts in this latest bill, they're basically microscopic.
00:35:23.340I'm sorry, but there's just no other way to put it.
00:35:25.820We need to cut much, much more spending.
00:35:29.060In terms of the question that I think you were getting to, what is the coalition here that's going to be willing to pass this?
00:35:39.180Steve, I'm not sure there is one, especially once you consider how many Republicans we have from blue states like New York.
00:35:47.480I know you were just saying New York's going to go red, and I'm not saying it won't eventually.
00:35:51.720But right now, you have a lot of Republicans, even if it's a red district, it's a blue state, it's a high-tax state, and they want that SALT deduction big time.
00:36:31.220And that's who those Republicans are interested, apparently, in helping, not the average American.
00:36:35.380You've been – and you know Scott Besson well.
00:36:40.760You know him before as Secretary of Treasurer.
00:36:42.360You know him well now, the team around him.
00:36:44.380Scott has warned that this is the last chance for a supply-side tax cut.
00:36:48.760One of my concerns – and I've got tons of concerns about ways and means, including the fact that they're not doing a snapback right now on the wealthy,
00:36:55.400which I'd say is going to have to happen at some point because the math just doesn't work.
00:36:59.980But on the supply-side part of it, I'm really concerned that none of those supply-side cuts are really permanent.
00:37:06.820Am I missing that, or is it the stuff that we actually have in there that could help business and help us productivity, create jobs, make capital available?
00:37:15.720They're also temporary, so when Trump leaves, they leave, sir.
00:37:37.900I mean, it's just absolute nonsense, and that happened, again, because they couldn't agree on enough spending cuts to, quote-unquote, pay for this.
00:37:45.520Now, going back to your point on the rich paying more, look, I join you in that.
00:37:50.520I wish we could see more money coming in from the highest income earners in terms of those tax receipts.
00:37:58.880I just think that the way to do it is going to be not increasing marginal tax rates but getting rid of all these deductions.
00:38:05.740And for crying out loud, start with things like SALT, things which are not at all supply-side tax reductions.
00:38:13.440Instead, these are things that essentially function as loopholes for high-income earners.
00:38:19.740In the case of SALT, it's a loophole for people in high-tax states.
00:38:24.680It's not an exaggeration that very high-income earners in places like Manhattan saw their income tax liability go up by several million dollars,
00:38:32.880by two or three million dollars, because of the cap on the state and local tax deduction.
00:39:03.200Even things that a lot of people really love, like the deduction of mortgage interest.
00:39:08.640I would get rid of everything and just reduce all of the tax rates.
00:39:12.760The problem with any kinds of deductions, Steve, in the code is the fact that once you get beyond about a 25% top marginal tax rate,
00:39:22.180then the wealthy just start using all of these to get their effective paid tax rate back down to, again, about 25%.
00:39:31.700And we've seen this pretty consistently for the last 100 years, the entire history of the income tax.
00:39:38.620So what you end up doing is you benefit the accountants, you benefit the lawyers, and you benefit, to a certain extent, the wealthy at the expense of everyone else
00:39:48.940because everyone else now has to shoulder the tax burden of that lost tax revenue.
00:42:12.420Millions of people now whose credit ratings have taken a triple digit hit just this year.
00:42:18.860And they're going to have now a very tough time getting other kinds of credit extended to them.
00:42:23.380Whether it's a mortgage, you know, another student loan, an auto loan, credit cards, you name it.
00:42:29.660So you now have a ton of people whose credit rating has really gotten hammered because they were essentially told by the Biden administration,
00:42:37.340look, you effectively don't have to pay because there's not going to be any consequences.
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00:46:41.800But as the senator was saying, this does not solve the problem, right?
00:46:46.820We are still headed in the wrong direction.
00:46:49.580Now, if our only two choices are between what we currently have and doing absolutely nothing, then what we currently have on the table, at least, would be the better option.
00:46:59.600Because if we do nothing, then you will see some of the Tax Cuts and Jobs Act provisions expire.
00:47:05.920You will see a demonstrable tax hike on the American middle class.
00:47:17.800Hopefully, with future bills, we will be able to claw back more of that spending, and we will get more Republicans with a spine in Congress.
00:47:25.120But as of right now, if this is the best we can get, it is at least better than doing nothing.
00:47:30.620But, look, that means that the president was not served well by the Republicans in Congress.
00:47:37.260And if we want to continue supporting President Trump, I think that means you have to turn up the pressure even more on the Republicans in Congress.
00:47:44.760In other words, if these folks weren't willing to actually put a good bill on the president's desk, if they weren't willing to work with the White House, then, frankly, they need to go.
00:47:54.980And I don't know if that happens in the primary or in the general next year, but whatever the case, we have to, I think, hold these Republicans accountable if they're not willing to support the president and his agenda, which he was overwhelmingly elected to pursue.
00:48:14.760Do you agree – the 10-year bond, I think, is 4.5.
00:48:19.880I haven't looked at – it started the show, but it was – I keep saying the bond market is going to get a vote here.
00:48:25.220Clearly, they are – this is not because of President Trump's tariff policy or trade, which the mainstream media – this is about their understanding this bill, and they see the spending, and they see the inability to raise taxes or cut deductions on the wealthy, so you're not going to have additional revenue generation.
00:48:41.400Are you concerned that the further we go down here, that even the decisions of President Trump and his ability to enforce and implement his program may be taken away from us as the bond market starts to respond here?
00:49:00.240Look, the bond market is not something you want to go toe-to-toe with because as big as the federal government is, even as big as the Treasury is, the bond market ultimately gets the last say.
00:49:11.700We do not want to get into a position where literally nobody is willing to hold U.S. Treasuries, and then the Fed just has to print every dime that the government spends.
00:49:20.940I mean, that's Weimar Republic territory.
00:49:23.660That's how you get to hyperinflation scenarios.
00:49:25.840But that is what is eventually going to happen, to your point, if we don't start heeding the warnings that the bond market is giving us.
00:49:33.920Look, as much as there's been a ton of drama and a ton of market turmoil, and there has been regarding the president's tariff policies, I understand all that.
00:49:43.520Virtually everything now, after conducting pauses on essentially every country, we're basically right back to where we were before August 2nd.
00:49:56.320So the difference that we're seeing right now, and it does track, again, to your point, it tracks very closely with the progress of discussions on the Hill and how the bill has been evolving.
00:50:05.960The bond market is right now signaling they are not happy with the insufficient level of spending cuts in this bill.
00:50:14.180And if it goes through and if we do nothing in the future to fix it, the bond market is going to continue to voice that concern, and it's going to get louder and louder over time.
00:50:24.040And as talented as Scott Besson is, eventually there's going to be nothing he can do about the problem because nobody wants to buy what he's selling.
00:50:32.300And it's not because we have a bad salesman who's trying to auction this stuff off.
00:50:37.180It's because the quality of the debt is just going to go down.
00:50:54.440Next hour, we're going to have a shocking report about what's going on in Texas over what's called the colony that's going to upset you no end.
00:51:03.420The folks working on Texas, the Patriot Mobile team, 972 Patriot, make the shift today.