Firebrand - Matt Gaetz


Episode 148 LIVE: Send Them Back! (feat. Rep. Andy Ogles) – Firebrand with Matt Gaetz


Summary

Andy Ogles of Tennessee joins us to talk about the border crisis, the Mayorkers impeachment, and the need for border security. We also discuss the immigration crisis and how we can all work together to fix it. We are in no way affiliated with the Bill and Hillary Clinton campaign, the DNC, or the Democratic Party, but we are all Americans and we all deserve a safe and secure border. We can all be a part of the solution to this problem, and we should all be prepared to fight for our borders. Thank you for listening and share the podcast with your friends, family, and your fellow patriots. Tweet Me! if you like the podcast and/or have any thoughts or suggestions on how to improve the show. We are always open to suggestions for new segments, shoutouts, and shout outs. Timestamps: 1:00:00 - What is a border crisis? 4:30 - How do we fix the border? 6:15 - What can we do to fix the problem? 7:00 - What should we do about it? 8:20 - What do we do next? 9:40 - How can we get a border bill? 11:10 - What s going to happen? 12:00- What is the best solution? 13:15 14:30 15:30- What does the country need to do? 16:10 17:10- What s the best way to get a better border deal? 17 - What are we need? 18: What is our response? 19: What s our response to the border situation? 21: Should we do in response to this? 22:00s 23: What do you think about the situation in Washington? 26:40 27:40- What are you would you like to see? 25:00 | What are your thoughts on the situation on border security? 29:10 | What s your answer? 32:40 | How do you want us to do in the future? 35:30 | What would you want to see in the United States? 36:00 +3:00 // 35: What are our reaction to this episode? 31:30 +3 +4:40 +4) - What's our reaction? 37:00+4:00 & 35:00


Transcript

00:00:00.000 Thank you.
00:01:07.000 You're not taking Matt Gaetz off the board, okay?
00:01:10.000 Because Matt Gaetz is an American patriot and Matt Gaetz is an American hero.
00:01:15.000 We will not continue to allow the Uniparty to run this town without a fight.
00:01:20.000 I want to thank you, Matt Gates, for holding the line.
00:01:24.000 Matt Gates is a courageous man.
00:01:26.000 If we had hundreds of Matt Gates in D.C., the country turns around.
00:01:31.000 It's that simple.
00:01:32.000 He's so tough, he's so strong, he's smart, and he loves this country.
00:01:36.000 Matt Gates.
00:01:38.000 It is the honor of my life to fight alongside each and every one of you.
00:01:43.000 We will save America!
00:01:45.000 It's choose your fighter time!
00:01:47.000 I'm sending the firebrands. - What is being done to get the public to really rise up in various states to say to their senators that they want to see the borders, the border issue resolved?
00:02:09.000 I mean, you're getting migrants beating up policemen in the streets of New York.
00:02:14.000 You're seeing an influx of migrants all over the country that frankly have people outraged and Couldn't there be some kind of public pressure put in the next couple of days in some of these senator states saying, why are you allowing this to continue?
00:02:31.000 Because at the end of the day, senators have to deal with their voters.
00:02:35.000 And at the same time, in the bill, you give money to Gaza, to civilians in Gaza and Israel.
00:02:44.000 But the border, I mean, we're looking every day at the invasion of migrants and they're playing a time game with politics on this.
00:02:52.000 Couldn't that pressure put the bear in their home states?
00:02:57.000 If you were not listening to that...
00:03:01.000 Hold on, we got our sound right there, Sasha?
00:03:03.000 Sounds like I'm inside a whale.
00:03:07.000 Jonah.
00:03:08.000 Yeah, I got a certain Jonah on the audio.
00:03:12.000 Is that just me?
00:03:15.000 I've got it too.
00:03:17.000 This has never happened before.
00:03:21.000 We're checking this out.
00:03:22.000 Can you guys hear?
00:03:23.000 It sounds great, they say, on X. Well, the feeds are amazing.
00:03:28.000 So to everybody listening on this side of the mic, we can see your chats.
00:03:33.000 All right, they say we're good.
00:03:34.000 We're just going to roll with it.
00:03:35.000 How about we take these off?
00:03:36.000 We've heard based...
00:03:38.000 Reverend Al.
00:03:39.000 Al Sharpton calling the invasion what it is.
00:03:43.000 Asking for people to rise up and let their senators know that they've got to have changes on border policy.
00:03:51.000 I could not believe that was Al Sharpton.
00:03:53.000 But now we've got Mayorkas impeachment vote in just moments.
00:03:57.000 We've got this government funding coming due in March.
00:04:02.000 And the Senate border deal Has been blown up because of great House conservatives like my guest for this episode, Andy Ogles of Tennessee.
00:04:10.000 Congressman Ogles is in his first term, but he has been in a lot of the major fights to change Washington.
00:04:15.000 A fiscal hawk kind of came up really as an activist, as a frontline activist in the conservative movement, and now represents some of the great areas kind of outside around the Nashville area.
00:04:25.000 The due south.
00:04:26.000 All right.
00:04:27.000 Well, it is lovely to have you here.
00:04:29.000 So first, let's just talk about where we are on the Mayorkas impeachment.
00:04:33.000 It's being debated right now.
00:04:35.000 And we've been hearing the discussions in conference.
00:04:39.000 Some folks saying, oh, well, this is just maladministration.
00:04:42.000 It's not actually an impeachable offense.
00:04:45.000 We've heard others lay out the human trafficking, the smuggling, the obstruction, the mistrust, abuse of the public trust.
00:04:55.000 So how would you characterize how that's going on within the Republican Conference?
00:04:58.000 Well, I mean, you heard Al Sharpton calling it an invasion.
00:05:02.000 I don't know that I've ever heard Sharpton say anything that I agreed with.
00:05:07.000 And so the fact that you have Al Sharpton saying that we're being invaded, I rest my case, right?
00:05:13.000 And then so you look at the southern border.
00:05:15.000 So let's say, Matt, you and I, we take one of your amazing listeners, and the three of us would go down to the southern border.
00:05:22.000 And the three of us aid 12 people to come into this country illegally.
00:05:26.000 You know what happens next?
00:05:27.000 All three of our asses go to jail.
00:05:29.000 That's right.
00:05:30.000 But Mayorkas aids and abeds 8 million people coming into this country and nothing's happened.
00:05:36.000 It's not only criminal or impeachable, it's criminal.
00:05:39.000 And I would argue it's treasonous.
00:05:40.000 We have terror cells operating in this country.
00:05:42.000 We have Iranian assassins with a hit list that was testified to before Congress operating in this country.
00:05:50.000 And what is this administration doing about it?
00:05:53.000 Nothing.
00:05:53.000 Biden keeps getting lost in the Rose Garden.
00:05:56.000 Well, it's not by accident.
00:05:57.000 If Mayorkas were just an incompetent dude and the border were open, that would justify the Holman rule, taking his salary to zero, constraining his authorities.
00:06:07.000 But this is a highly competent individual who is executing a tragic and illegal plan against the United States.
00:06:14.000 Now, the Senate had their approach...
00:06:17.000 To the border legislation.
00:06:19.000 And what was so funny is there were a lot of discussions with House leadership and more senior members saying, oh, well, we're going to get jammed by this Senate bill.
00:06:27.000 This Senate bill is going to be just so overwhelmingly popular that we'll be forced to take things we don't want on maybe...
00:06:33.000 Ukraine or deficit spending, but we'll just have to take these border provisions.
00:06:37.000 And when the public found out, it doesn't end catch and release.
00:06:40.000 It doesn't end the unrestricted abuse of parole from the Biden administration.
00:06:45.000 It has this 5,000 person a day trigger, which, by the way, Joe Biden can waive at any point for 45 days.
00:06:52.000 It gives him all this additional emergency authority.
00:06:55.000 $1.4 billion In grants to the open border NGOs, so you'll be funding the invasion, too, while it's happening, according to those numbers.
00:07:05.000 And, you know, typically, the Senate rolls us, man.
00:07:08.000 I mean, I know you're in your freshman term, but I've been here so many years where Mitch will stitch together one of these omnibus bills, and we're just forced to take it.
00:07:17.000 And in no time, we blew this thing out of the water.
00:07:20.000 What do you think contributed to that reversal of fortune?
00:07:23.000 Well, I mean, the name of your show, Firebrands, right?
00:07:26.000 You know, conservatives, we stood up and said, no, hell no, we called it what it was.
00:07:31.000 It was total garbage.
00:07:33.000 And then the American people, I mean, when you've got Al Sharpton talking about an invasion, when you've got the mayor of Chicago or the mayor of New York saying, please close the border, I mean, I don't understand what the Senate was thinking.
00:07:45.000 I mean, they totally misread the tea leaves on this one, not to mention the $60 billion for Ukraine.
00:07:50.000 I mean, that's more money than we gave our Marine Corps last year.
00:07:55.000 I mean, this is absurd.
00:07:57.000 You know, the Marine Corps budget is like $53.8 billion, and we're going to give Ukraine another $60 billion.
00:08:02.000 So we're funding their military, but not our own?
00:08:04.000 I mean, this is absurd.
00:08:06.000 And so to all of you listening, this is why you matter.
00:08:09.000 This is why your voice matters, and it's important for you to engage.
00:08:12.000 And I thank you for that.
00:08:14.000 So we're moments away from the Mayorkas impeachment vote.
00:08:17.000 I don't know how that vote's going to go.
00:08:19.000 I'm not going to make any prediction.
00:08:20.000 What I can tell you is there has been debate within the Republican conference, and absent unanimity, you always can count on the Democrats to line up behind their guy.
00:08:28.000 Now, maybe there are a few Democrats in some swing seats who want to vote to impeach Mayorkas.
00:08:33.000 We'll see if they have to turn up their head.
00:08:36.000 But here's what I know.
00:08:37.000 However the vote goes, this needed to happen.
00:08:39.000 It should have happened long ago.
00:08:41.000 And if people don't think that Mayorkas has committed impeachable offenses on the border, then that's between them and their district.
00:08:47.000 And I'll let them explain that and deal with that, whether they're Republican or Democrats.
00:08:51.000 But you have a specific proposal that you're going to announce on the program, a kind of concept on how to think about the people who are here illegally.
00:09:01.000 Lay it out for us.
00:09:02.000 Well, you know, it's called the Send Them Back Act.
00:09:04.000 And I think you and I can agree that, you know, there's 8 million people that have to be deported.
00:09:09.000 And so you have to pick a date.
00:09:11.000 So we picked the beginning of the Biden administration.
00:09:14.000 So that goes back to January 20th, 2021. And I would also argue that you've got to go back further in time and begin processing people out of this country.
00:09:23.000 But you've got to start somewhere.
00:09:25.000 You've got to, you know, how do you eat an elephant one bite at a time?
00:09:27.000 So this is an approach where we're going to start deporting people.
00:09:30.000 So it's a fast-track approach that if you came into this country illegally under the Biden administration, you would be, quite frankly, eligible, if you will, for expedited removal.
00:09:40.000 So this would be the biggest deportation in American history ever contemplated.
00:09:46.000 That's right.
00:09:46.000 I mean, this is the legislative exoskeleton for what President Trump is talking about and how to remediate what has occurred because that's kind of the difference between where we are now in 2016, right?
00:09:58.000 In 2016, it was, you know, build the wall, then you got to figure out how to get the criminals out.
00:10:04.000 Now, it's like, no, no, no.
00:10:06.000 There are millions of people here, even people who, like, have committed the crime of unlawful entry but haven't re-offended.
00:10:12.000 Those people have to go, according to this.
00:10:14.000 Yeah, I mean, look...
00:10:16.000 I think we can both agree that our immigration process is broken.
00:10:21.000 It needs to be fixed.
00:10:22.000 But that's a separate conversation.
00:10:24.000 That's a separate problem that has its own solution.
00:10:27.000 We have people coming into this country illegally.
00:10:30.000 We are a country of loss.
00:10:32.000 They have to be enforced.
00:10:34.000 And the moment that we give up on the rule of law, then we are lost as a republic.
00:10:38.000 We've got to enforce this.
00:10:39.000 And it's going to be painful.
00:10:41.000 It's going to be ugly.
00:10:42.000 But there is...
00:10:46.000 I personally believe that he is trying to flood Texas, New Mexico, and Arizona with this new class of voter that the Democrats can get hooked on cell phones and food stamps and welfare, whatever else, so that those three states are forever blue.
00:11:01.000 This is a methodical.
00:11:02.000 This is about stealing our country, and I'm not going to stand for it.
00:11:05.000 And it's also reapportionment.
00:11:06.000 People think, well, maybe I have a really good supervisor of elections, or I've got a really good attorney general that would never let the illegal aliens vote.
00:11:13.000 At the end of the day, if they're getting counted in the census, which by the way they are, then you start to see states like Ohio losing congressional seats, and those congressional seats can reappear in blue states where they've chosen to be sanctuaries and allow all these people to come.
00:11:27.000 So that is a shift in political power that they are trying to achieve through illegal immigration.
00:11:32.000 That's right.
00:11:34.000 It brings us to thinking about this upcoming budget fight that we have in March.
00:11:42.000 All the talk about the need for a border bill has resulted in House Speaker Johnson and many others concluding that actually Joe Biden could close the border anytime he wanted.
00:11:53.000 All you have to do is reinstitute the Trump policies and don't abuse the parole authority and the asylum authority And this is like an eight-point plan to solve the problem.
00:12:03.000 Do you think the Republican majority needs a bill in the House?
00:12:08.000 Because I worry if we think we have to have an immigration bill, then we're willing to trade something that the America Last crowd wants for it.
00:12:16.000 And at the end of the day, what we actually just need is Joe Biden to secure the border.
00:12:20.000 You and I both know, your audience knows, he has the power today.
00:12:23.000 You didn't have this problem under Trump.
00:12:25.000 Quite frankly, we didn't have these numbers under Obama.
00:12:28.000 So this isn't an issue of laws.
00:12:30.000 This isn't an issue of a wall.
00:12:31.000 This isn't an issue of offense.
00:12:32.000 This is a Biden administration that is willfully letting our country be invaded.
00:12:37.000 It's treasonous.
00:12:38.000 I'm sick and tired of this administration.
00:12:40.000 They're screwing the American people.
00:12:42.000 And we've got to continue to fight.
00:12:43.000 And so, yes, he can close the border.
00:12:45.000 And we passed House Bill 2. We had a border security bill.
00:12:48.000 We've done our job roughly eight months ago, right?
00:12:51.000 And so why do we need to pass something else?
00:12:53.000 Why would we want to trade to get screwed by the Senate?
00:12:57.000 So you think the position of the House should be HR2? That's it.
00:13:00.000 That's our position.
00:13:01.000 That's right.
00:13:01.000 There's not some retreat off of that that you think achieves it.
00:13:05.000 And what I think reinforces that theory is what our colleague Andy Biggs often says is that even if HR2 were a law, that would be great when Donald Trump is president because then a Republican president would have the tools to have expanded removal authority.
00:13:21.000 Basically what you're proposing in the Send Them Back Act.
00:13:24.000 Is this expedited removal authority?
00:13:26.000 Give a Republican administration the extra tools to do that.
00:13:29.000 But when you're dealing with the lawless Biden administration, what's to stop them from just memoing over HR2? It's like, well, we've got a new interpretation of economic duress that creates this whole new asylum structure.
00:13:42.000 Well, I mean, it's kind of like, you know, talking about the tools.
00:13:44.000 We're trying to equip Trump to have the right tools to do the job that needs to be done.
00:13:49.000 So it's the new year.
00:13:50.000 You made a resolution.
00:13:51.000 You've got all this great workout equipment in your garage.
00:13:54.000 You've got all the tools necessary to be fit and in shape.
00:13:57.000 But if you don't use those tools, if all you're doing is sitting on the couch and eating Doritos, you're not going to make a change.
00:14:03.000 And that's the problem with this administration.
00:14:05.000 They've got the tools they need already on the books, and they're not doing their job.
00:14:09.000 So what will people think of us if we don't force them to use them?
00:14:12.000 Well, we've got to keep trying.
00:14:13.000 Right.
00:14:13.000 And what do you think is the best leverage point?
00:14:16.000 Because to me, it's the government funding fight.
00:14:18.000 Yeah, absolutely.
00:14:19.000 The power of the purse.
00:14:21.000 Mitch McConnell just went and executed his own supplemental.
00:14:24.000 He walked Senator Langford off the plank.
00:14:26.000 We've talked extensively about how bad that deal was, but when Mitch McConnell is putting the slug in the back of the head of the bill, I mean, that was just...
00:14:35.000 That showed...
00:14:37.000 That we can win if we force these things to be evaluated separately and sanely.
00:14:42.000 But I don't think that we have to pin our hopes for a secure border on some supplemental.
00:14:47.000 We should say, no, we have a budgeting process.
00:14:49.000 We want to use whatever leverage we have as one-half of one-third of the government to get them to do what we know and they know would actually achieve the problem.
00:14:58.000 I'll give you the last word on the Send Them Back Act or any other border matter.
00:15:02.000 Well, I mean, again, I just underscore, you know, this is why your governors, you know, it matters who leads, right?
00:15:08.000 It matters who your governor is.
00:15:09.000 And so kudos to Abbott for taking a stand for Texas.
00:15:12.000 And keep in mind, you know, the Supreme Court ruling said the federal government can take down the wire, but Abbott can keep putting it up.
00:15:18.000 And so we need the states to engage.
00:15:20.000 Look, let's face it.
00:15:21.000 The Congress is a big ship.
00:15:23.000 It turns slowly.
00:15:24.000 Our states are more nimble and they can help lead the fight, but we need governors like Abbott or Lee or DeSantis or some of these other governors to say, look, enough is enough.
00:15:33.000 We're going to take charge.
00:15:34.000 We're going to stand with Abbott.
00:15:35.000 We're going to send the National Guard.
00:15:36.000 And meanwhile, you and I and others can put forward good pieces of legislation, like send them back, to start that dialogue and that conversation that this is our country.
00:15:45.000 We get to pick who comes here and we get to choose who has to leave.
00:15:49.000 And it seems as though you've selected the order and it's kind of last in first out, which not only I think is practically best, it's what's most fair.
00:15:58.000 That's right.
00:15:59.000 Great.
00:15:59.000 Andy Ogles, the great state of Tennessee, an awesome firebrand.
00:16:02.000 Thanks for joining me.
00:16:03.000 I want to give you guys a quick look into what went down in the House Webinization Subcommittee earlier.
00:16:09.000 There was this discussion of the use of AI for censorship.
00:16:12.000 So all that you feared About the pressure that government was putting on big tech to censor, now they're using AI to achieve it at scale.
00:16:19.000 Take a listen.
00:16:22.000 So, Mr. Richardson, as I understand the National Science Foundation, they take government money and then they dole it out in the form of grants to colleges and universities that then build censorship tools that big tech then relies on so that big tech has an arm's length away from the censorship that's shaping viewpoint.
00:16:43.000 Essentially, what you're reporting concludes?
00:16:45.000 Essentially, this TRAC-F program, which was through the Convergence Accelerator program, awarded these $750,000 grants to 12 initial projects, and then six of these continued on to have an additional $5 million in funding.
00:16:59.000 Most of these are at universities.
00:17:00.000 Some of them are private companies as well, developing these tools, but they are all...
00:17:07.000 Yeah, and we're going to, and Mr. Isom, I guess my question to you, if you're done texting, Would be like, is that okay with you?
00:17:16.000 What NSF has done?
00:17:19.000 As a veteran of committee staff I should know better.
00:17:26.000 Mr. Gates, I have not had the opportunity to study the report.
00:17:32.000 Okay, okay.
00:17:33.000 Well, let me go through some of the grant requests then.
00:17:35.000 So the MIT... Might I finish my sentence, please, Mr. Gates?
00:17:38.000 I've got limited time.
00:17:39.000 If I can just finish the sentence.
00:17:41.000 No, you were finishing your text earlier.
00:17:42.000 I'm going to finish the question.
00:17:44.000 Mr. Gates, just for the record, I was asking for the law that governs that.
00:17:51.000 I'd ask my time to be restored.
00:17:53.000 Mr. Eisen, the question is...
00:17:56.000 The MIT grant that said that people in rural communities were particularly susceptible to misinformation.
00:18:02.000 Do you have an opinion on that?
00:18:05.000 I do have an opinion, Mr. Gates.
00:18:07.000 As you know, there are two texts that are holy to me because Mr. Gates and I have talked before.
00:18:14.000 One is our Torah, our Bible that I live by.
00:18:21.000 I'm an observant person.
00:18:23.000 That is a holy text to me, and I have the deepest respect.
00:18:26.000 And I have traveled to those places, Mr. Yates.
00:18:28.000 I guess the problem is...
00:18:30.000 Can I please finish my answers?
00:18:33.000 The other text that is holy to me is the Constitution.
00:18:36.000 In my quick review of this report, those are my two holy texts, and I share that with the chairman and others on this.
00:18:43.000 I know that.
00:18:45.000 In my quick review of the report, it appeared to me that a great deal of the evidence related to legitimate sponsorship of scientific and technological research...
00:18:58.000 Okay, let me stop you there, Mr. Eisen, because here's the problem.
00:19:01.000 While you indicate that the Torah and the Constitution are your sacred texts, if Americans indicate online that the Bible and the Constitution are sacred to them...
00:19:14.000 The very grants That are being issued by the NSF would deem those people in a separate and diminished class.
00:19:22.000 No, sir.
00:19:23.000 Where they would be...
00:19:24.000 Oh, indeed, it is precisely in the MIT... Sir, I have the materials here.
00:19:28.000 No, sir.
00:19:29.000 I would request that the committee release the testimony of Kate Starboard, the University of Washington scientist, the former WNBA player.
00:19:37.000 But that wasn't this grant.
00:19:38.000 You're talking about a different grant, Mr. Isen.
00:19:40.000 She explained...
00:19:42.000 MIT said that if you're rural...
00:19:44.000 If you're part of a military family, if you view the Bible and the Constitution is sacred, then you're going to be...
00:19:52.000 And you know why they said you're uniquely susceptible to misinformation?
00:19:54.000 Because if you think the Bible and the Constitution are sacred, you might not rely on the expert class, right?
00:20:01.000 You might not rely on all the folks in D.C. and at all the think tanks.
00:20:05.000 And that's really what people have to rely on.
00:20:07.000 And so when we're taking government money to go and try to To harm people who have a particular religious view or a particular view on Constitution, I would think that in that type of a circumstance, we aren't crying wolf when there's none at the door.
00:20:23.000 Mr. Gates, if we can talk about that material in context, if we can have the full context of the committee's investigation, The ranking member has said there are 29 depositions that this committee has taken.
00:20:36.000 Okay, Mr. Isen, this isn't about any of those.
00:20:38.000 This is about when MIT wanted the grant that Ms. Richardson was just talking about, right?
00:20:43.000 They went and made a presentation to NSF, and they said, here's why you ought to pick MIT in order to do it.
00:20:49.000 And it was to target military families, people in rural communities, people who believed in the Bible and the Constitution.
00:20:55.000 And then guess what?
00:20:56.000 With these AI tools, if you stack that up, Maybe you're a person in a rural community who loves both the Bible and the Constitution.
00:21:04.000 Well, then you're really susceptible to misinformation because the expert class thinks better.
00:21:09.000 Have you seen the movie Minority Report, Tom Cruise?
00:21:15.000 Yes, I have seen that film.
00:21:16.000 Doesn't this kind of feel like that?
00:21:18.000 That it's coming to life before our very eyes because you've got the government Funding these predictive analytics to go after Americans and here's what I think is actually true.
00:21:29.000 It's not that military families and rural Americans and people who love the Bible and Constitution are dumber or uniquely susceptible to anything.
00:21:36.000 It's just they don't think like how the expert class and the National Science Foundation wants them to think and so they're trying to program what they see so they could control what they behave and that is the true weaponization this committee will stand against.
00:21:46.000 I yield back.
00:21:49.000 We are back live and I still got that problem, Sasha.
00:21:54.000 I'm going to have to take this off.
00:21:55.000 Came back.
00:21:56.000 So we're back live, and the live chat very fired up on the exchange with Norm Eisen.
00:22:01.000 And, you know, it is something when these folks come before our committee and then they try to have this grand performance when you just want them to answer the question as to whether or not they believe in grants that are used for that type of targeting, and then are they able to defend that.
00:22:19.000 So...
00:22:21.000 We'll continue to follow up on the use of AI for this particular censorship goal, and I think we need to legislate to stop it.
00:22:28.000 We also want to bring you, of course, the latest updates from our friends at Quiver Quantitative on stock trading in the United States Congress.
00:22:36.000 This one was one that caught my interest.
00:22:40.000 Senator Tom...
00:22:42.000 Carper, here we go.
00:22:44.000 Here's the tweet from Quiver Quantitative.
00:22:48.000 Just spotted a couple new trades that will be worth keeping an eye on.
00:22:50.000 Senator Thomas Carper just disclosed purchases of stock in Valero Energy and Equestrians Midstream.
00:22:59.000 Carper sits on the Senate Subcommittee on Energy, Natural Resources, and Infrastructure.
00:23:03.000 Isn't it something that the trading, in a lot of these cases, not all, but in a lot of these cases, seems to align with some sort of committee assignment?
00:23:11.000 Either it's illegal or just an amazing coincidence.
00:23:16.000 But the winning stock trade...
00:23:19.000 I think this trade netted her over $100,000.
00:23:23.000 Nancy Pelosi, the unusual whale that she is, but Quiver Quantitative gives us this.
00:23:28.000 NVIDIA has now risen 35% since Nancy Pelosi bought call options.
00:23:34.000 She has made 100%.
00:23:35.000 Hundreds of thousands of dollars in weeks.
00:23:39.000 And then Quiver Quantitative shows the screenshots as to when those call options were placed and then when they were executed on.
00:23:47.000 Hundreds of thousands in weeks for Nancy Pelosi.
00:23:51.000 Very, very impressive stock trader, certainly.
00:23:55.000 Did I mention I think we should pass the Stock Act?
00:23:58.000 Eli Crane, new co-sponsor of the Stock Act.
00:24:01.000 We get more and more folks signing on, so I'm excited about that.
00:24:04.000 We need to continue to get our pressure on lawmakers to sign on these bills to end congressional stock trading.
00:24:10.000 So this was a clip that I saw about financial markets that I wanted to share with everybody.
00:24:17.000 It comes from Barry Sternlich.
00:24:22.000 He's the CEO of Starward Capital, and he's talking about the major marketplace, the major asset class of office space and what it says about people returning to work and how folks who have retirement accounts, who have 401ks, could see an asset class collapse.
00:24:41.000 Take a listen.
00:24:44.000 I've heard you talk about the balance sheet issue, and we know there's close to a trillion dollars of office space coming due.
00:24:49.000 You've said a nice little recession is going to bring people back to these office spaces.
00:24:53.000 Happened today.
00:24:54.000 Exactly.
00:24:54.000 IBM said you have to go back to work.
00:24:57.000 But this is a uniquely U.S. problem, you say.
00:25:00.000 We would have a problem in real estate, in every sector of real estate, not just office, because of the 500 basis point increase in rates that was vertical.
00:25:08.000 The fact that one asset class never recovered, people never went back to work in the United States.
00:25:15.000 In the office, the office market has an existential crisis right now.
00:25:19.000 And so, you know, it's a $3 trillion asset class that's probably worth $1.8 trillion.
00:25:25.000 There's $1.2 trillion of losses spread somewhere, and nobody knows exactly where it all is.
00:25:31.000 And a signature bank was sold, and we bid on it.
00:25:36.000 There were buildings in New York that were $100 million.
00:25:38.000 The guy bought it for $200.
00:25:39.000 The loan was $100.
00:25:39.000 We thought it was $30 million.
00:25:41.000 There's a building for sale right now in San Francisco.
00:25:43.000 It was bought for $8.50 a foot.
00:25:45.000 The loan was $4.50 a foot.
00:25:46.000 They'll sell it for $2.50 a foot.
00:25:48.000 I mean, that's 25 cents on the dollar.
00:25:49.000 That would mean we lost three-quarters of the total asset class.
00:25:53.000 Now, this asset class is not just owned by rich people.
00:25:55.000 It's owned by pension plans and other people, small investors.
00:25:59.000 We're not just talking about towers.
00:26:01.000 We're talking about the buildings that surround towns and municipalities.
00:26:05.000 What happens to those cities?
00:26:07.000 There is a bright spot.
00:26:09.000 The office situation is a completely US phenomenon.
00:26:12.000 I just was in Munich last week, and rents in Munich are up 15%.
00:26:15.000 The vacancy rate in Munich is 2% for Class A. In Seoul, Korea, it's 1%.
00:26:20.000 In Tokyo, it's 4%.
00:26:23.000 Everyone's back to work except for Americans.
00:26:24.000 We've gone off the deep end.
00:26:26.000 We don't show up for work, we don't apply for jobs, and we don't feel like we have to go back to the office.
00:26:33.000 We are back live.
00:26:34.000 And Debbie on X says that she basically lost her 401k under this administration.
00:26:39.000 And this particular asset class, it's interesting because if you think about it futuristically, you're going to have a ton of these office complexes and office spaces go into economic distress categories.
00:26:53.000 They're going to fall into various areas.
00:26:55.000 Types of bankruptcy depending on whether or not they're spitting off any meaningful cash flow to be preserved and how they're organized.
00:27:02.000 But a lot of them are like singly owned LLCs and then even the land underneath is a separate LLC. So you're going to have massive collapses in those and people are going to be able to go buy those distressed assets for pennies on the dollar.
00:27:15.000 And they already have this built-in density, right?
00:27:20.000 Because they're all zoned commercial.
00:27:22.000 And what's happening right now is that rural America is resisting some of the urban sprawl.
00:27:29.000 You're getting some protection of urban spaces.
00:27:31.000 We're under some of the most massive challenges in terms of need for inventory and housing.
00:27:41.000 People are paying enormous sums for housing and then you have this distressed asset class with a ton of inventory.
00:27:47.000 So some smart developer is going to figure out how to go buy up these old office buildings where no one's coming back to work and they're going to turn them into these like, you know, food hall, living space, urban living areas and probably make a killing off of it.
00:28:02.000 But we'll be here trying to save America and America's economy.
00:28:06.000 While that's happening.
00:28:07.000 Today, I introduced legislation to declare that Donald Trump did not participate in an insurrection.
00:28:14.000 I had a number of co-sponsors to that.
00:28:16.000 We had a big press conference.
00:28:18.000 I want to bring you a couple of the big moments.
00:28:20.000 Take a listen.
00:28:22.000 We are here today to authoritatively express that President Trump did not commit an insurrection.
00:28:29.000 And we believe Congress has a unique role in making that declaration.
00:28:33.000 It's not the job of the states and especially not the job of some bureaucrats in Colorado to make this assessment and interfere with the rights of voters to cast their vote for the candidate of their choice.
00:28:44.000 The very experts who often get on television and talk about securing democracy seem to be the first to want to then remove a candidate from the ballot Because they are afraid that he is too popular.
00:28:56.000 We have 63 co-sponsors to the resolution that Ms. Stefanik and I will be filing today to Express the sense of Congress that President Trump did not commit an insurrection.
00:29:08.000 I want to express my gratitude to Senator Vance for filing the companion legislation over in the Senate.
00:29:14.000 And now is time for members of the House and Senate to show where they stand on this question.
00:29:20.000 We and the former president welcome and expect many more co-sponsors in the coming days and look forward to a floor vote.
00:29:29.000 I spoke with President Trump.
00:29:30.000 He was thrilled at the amount of support from the House of Representatives for this legislation, expressing authoritatively that he did not participate in any sort of insurrection or rebellion.
00:29:42.000 We know that to be the case, but I think that this is an opportunity for All lawmakers to sign on to this bill and to show where they stand.
00:29:52.000 63 currently, and we expect that number to rise.
00:29:55.000 Actually, it probably already has risen since we started the program because we had a number of calls coming in with members hearing from their constituents about how they wanted them on the Gates Resolution, and we welcome everyone to that cause.
00:30:08.000 But I would say probably the best tongue-lashing delivered to the media Came from firebrand Eli Crane of Arizona.
00:30:16.000 Eli definitely did not have decaf this morning.
00:30:20.000 Take a listen.
00:30:23.000 You know what I love about this?
00:30:24.000 Watching where President Trump is at in the polls.
00:30:28.000 I love it because it shows the American people don't trust you guys.
00:30:31.000 And they shouldn't.
00:30:33.000 Because you guys are full of it and everybody knows it.
00:30:35.000 There's a few honest journalists in this town, but there are very few and far between.
00:30:39.000 You know how I know it wasn't an insurrection?
00:30:42.000 Because he hasn't been charged with insurrection.
00:30:45.000 And we can all see by the lawfare how he's facing up over 700 years in jail right now, how they've tried to destroy this man, destroy his businesses, that if they felt they had an inkling of a chance of convicting President Trump of jaywalking or insurrection, they would absolutely charge him.
00:31:04.000 You know how else I know it's not an insurrection?
00:31:07.000 Because this is the first insurrection in the history of the world where the people We're a part of it.
00:31:13.000 We're unarmed.
00:31:14.000 It's pretty hard to do if you walk around and see how many individuals are carrying firearms.
00:31:20.000 Last thing I want to say about how I know it's not an insurrection is because I actually listen to the words of the president.
00:31:26.000 If you're trying to stoke an insurrection, you don't tell the people listening, hey, I want you to go over there peacefully and patriotically.
00:31:33.000 This is not an insurrection.
00:31:36.000 What it is, is a party that's scared to death of this man because he's America first and he's shown time and time again he's willing to bust up the swamp and he continues to beat you like a drum.
00:31:48.000 That's what this is really about.
00:31:50.000 And for all you journalists out there, you know, that are pretty cowardly, Some in this room right now.
00:31:57.000 You don't have the balls to write the truth.
00:32:00.000 And even if you did, your publishers wouldn't publish it because you're a part of a propaganda outlet.
00:32:06.000 Probably one of the biggest in the history of the world.
00:32:09.000 If you had any courage, I want you to ask some questions about that day, January 6th, that we keep talking about.
00:32:17.000 Why has the pipe bomber not been caught yet?
00:32:20.000 Huh?
00:32:20.000 Huh?
00:32:21.000 Why is the pipe bomber not being caught?
00:32:23.000 The one individual that could have committed multiple mass casualties has not been caught yet.
00:32:30.000 Go follow some of Beattie's reporting over at Revolver News.
00:32:35.000 He's got some evidence for you guys.
00:32:37.000 What's going on up here with January 6th is there's a pretty big cover-up actually going on up here in Capitol Hill about some of the involvement of our government.
00:32:46.000 And it's quite unsavory.
00:32:48.000 And I want to acknowledge Rep Massey's work on this lately and others who have been trying to get to the bottom of it.
00:32:55.000 But here's some other questions for you journalists to ask.
00:33:00.000 Why did it take so long for Ray Epps to be charged?
00:33:04.000 Go watch videos of Ray Epps on that day and how he was stoking the entire thing and how long it took him to be charged.
00:33:12.000 And yet there were so many people that were brought into the D.C. jail and they're still there to this day.
00:33:20.000 So if you guys want to ask some questions, those are some questions.
00:33:23.000 But the bottom line is we all know President Trump did not commit insurrection And he's probably going to be the president of the United States once again.
00:33:32.000 And so I'm happy to be a part of this resolution.
00:33:34.000 I'm happy to support the president.
00:33:36.000 And I'm happy to call out all you little cowardly liars in the press.
00:33:41.000 Thank you.
00:33:44.000 Congressman Eli Crane taking no prisoners there at our press conference as we released our intention to put our thumb on the scale as the United States Congress to declare that Donald Trump did not commit an insurrection.
00:33:57.000 So, a quick note about how you consume the program.
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00:35:03.000 Roll the credits.