EPISODE 295: Judgement Day Is Coming For The Biden Regime
Episode Stats
Summary
Steve Bannon sentenced to four months in federal prison. We re going to break down everything that happened today at the courtroom and my conversation with Steve last night. We ve got your back, Steve! Next, Twitter tumbles after the Biden regime is weighing security reviews for Elon Musk s deals. Third, global housing market pain has echoes of a crash 30 years ago. And finally, after the UK market blowout, American officials are asking, could it happen here? Yes, it could. All this and more on today s Human Events Daily!
Transcript
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Steve Bannon sentenced to four months in federal prison.
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We're going to break down everything that happened today at the courtroom and my conversation with Steve Bannon last night.
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I promise you, Steve Bannon will be in Phoenix, Arizona, December 17th to the 20th at America Fest.
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My family will be there and we will be cheering his on because we have his back.
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Get your tickets now, AMFest.com, promo code POSO.
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Well, ladies and gentlemen, welcome aboard today's edition of Human Events Daily powered by Turning Point USA.
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Today's top headline, of course, Steve Bannon sentenced to 120 days in federal prison for defying the January 6th committee.
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Next, Twitter has tumbled after the United States government, the Biden regime, is weighing security reviews for Elon Musk's deals.
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Third, global housing market pain has echoes of a crash 30 years ago.
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And finally, after the UK market blowout, American officials are asking, could it happen here?
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The sentence he came down with today is his decision.
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I fully respect him and totally respectful of this entire process on the legal side.
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More than any person in the Trump administration, I testified before the Mueller commission for more hours.
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I testified in front of a shift in the House Intelligence Committee more than any other person in the Trump administration.
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I testified in front of the Senate intelligence, I think, more than any other people, all about the issues related to Russiagate and to all of that, okay?
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And this thing about I'm above the law is an absolute and total lie.
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So, this morning, when we didn't know exactly what was going to go on because we weren't sure what the timing was going to be of this.
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And I said, Steve, look, if you need me, I'll be available for the war room.
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However you want to set up the show, you set up the show.
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He said to me, Poso, I don't even want you to talk about the trial.
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When one guy goes down, the other guy picks up the rifle and keeps going.
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And then believe it or not, because here's what happened.
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But then the judge releases him pending appeal.
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So he gets released pending appeal, which means he doesn't have to serve a single day of his sentence until all his appeals are resolved, which could take months, which could take years.
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And by the way, this is something which I've been saying all along, which is clearly a constitutional issue.
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I'll tell you why, because it's executive privilege.
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He claimed executive privilege when he went up.
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He said, I had a private conversation with the president of the United States that covers executive privilege.
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The court said, well, you know, under current law, we haven't seen that before.
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And you know, who has final say on all of that?
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So this will go all the way up to the United States Supreme Court.
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Obviously, it's a direct constitutional issue because President Trump was acting in his capacity as the currently serving president, regardless of what the employment status of Steve Bannon was at the time.
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And the January 6th committee, who just subpoenaed Trump, by the way, because why not?
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This is where the entire concept of executive privilege comes from.
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Because if you throw away executive privilege, then obviously every time you're in a situation where the other party controls the legislative branch, they're just going to be subpoenaing every advisor, every person that the president talks to all day long.
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And at some point, he's not going to be able to do his job.
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And if he's not able to do his job, then it's not a balanced check.
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So you're trying to balance the power, not subvert the power of the executive, which is obviously what the January 6th committee is trying to do.
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They're trying to strip the executive away from power so they can abrogate it to their special interests, to their advisors, to their experts, to academia, to the deep state, the administrative state, like they've done with everything else.
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But if these appeals don't go well, that's a four-month prison sentence.
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Steve Bannon will be at AmericaFest this December.
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And we will be there to give him a standing ovation, one that he deserves.
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We want to make sure that you know the problem with the meat in these stores.
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But you're paying a premium for the low-quality foreign meat.
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Producer Angelo says, Jack, I'm going for those Wagyu burgers.
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And I said, well, Angelo, if you're going to do that, make sure, make sure you go into
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You get the $30 off and you get the free express shipping.
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But the fact that you're getting those premium Wagyu burgers, pacifically, packed full of
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They were the first ones I ever had, I guess, about over a year now.
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Yeah, about over a year ago now at Turning Point USA when we had an event and Good Ranchers
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My wife, Tanya Tay, was like, give me more of those burgers.
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And it turned out there was enough for everybody.
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But, because when Charlie throws a party, Charlie throws a party, I'm telling you, you specifically
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Make sure you remember, Good Ranchers, American meat delivered.
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In my view, Twitter should match the laws of the country and really, you know, there's
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But going beyond that and having it be unclear who's making what changes to where, having tweets
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sort of mysteriously be promoted and demoted with no insight into what's going on, having
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a black box algorithm promote some things and not other things, I think this can be
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So the idea of opening the algorithm is a huge deal.
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And I think many people would welcome that, of understanding exactly how it's making the
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What I mean is, I think the code should be on GitHub, you know?
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So people can look through it and say, like, I see a problem here.
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So we're seeing the new news today, the new headlines that we warned you about were coming
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I told you the very moment that Elon was talking about buying Twitter.
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I said the regime is going to come after him in ways that you can't imagine.
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You put your hand in, you see how long you can withstand the pain.
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They're going to target his companies, his other companies.
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The fact that Elon Musk's exposure to the regime is actually very high.
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Because if you look at his two companies, Tesla received subsidies, right?
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Received breaks, at least tax breaks and credits from the government.
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SpaceX effectively only works because the US government under Obama handed the keys of
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But with the Starlink program, what's going on now?
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Because he's made comments recently vis-a-vis Starlink where he said, I don't know if I want
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to use Starlink or want to have Starlink be used in order to.
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So he doesn't want Starlink to get into World War III.
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What it means, what it means, Jill, is that they're coming after him.
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Biden administration officials are discussing whether the United States should subject some
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of Elon Musk's ventures to national security reviews, including the deal for Twitter, Inc.
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According to people familiar with the matter, Twitter shares fell as much as 16 percent in
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They've grown uncomfortable as Elon Musk's recent threat to stop supplying Starlink service
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to Ukraine, which has cost him, by the way, 80 million dollars so far.
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And because of tweets he's posted, basically saying that he doesn't want Starlink to be
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Are you going to do what it takes to stand up to this regime?
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Because if Elon Musk does it, the regime is going to collapse.
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Because the problem is the regime needs Elon Musk as much as he needs the regime, as much
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as he needs the government to be able to continue using SpaceX, continue Starlink, etc., etc.
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The Committee on Foreign Investment in the United States.
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So a national security review goes in to see for under CFIUS.
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This is usually something for like infrastructure, port deals.
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The Dubai ports deal was a huge one under Dubai.
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When uranium one was sold to to the Russians, this, of course, was under CFIUS.
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Hillary Clinton's State Department, their vote on it was like was, of course, a yes.
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The pretext is that because there's foreign investment in the Twitter deal, that perhaps
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that could affect and have influence over Starlink.
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And they're saying because he's using some Saudi financing.
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If you want to talk about foreign investment, let's talk about TikTok.
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Let's talk about all the insanity that's being funded here in the United States by our foreign
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Because Elon Musk is taking the first steps towards crumbling the regime.
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And in doing so, unleash the power of the freedom of speech of the American people.
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Here's what's actually driving some of this economic anxiety among voters.
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Concerns about a potential collapse in the housing market.
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New data out today shows that sales of existing homes are at their slowest pace in a decade.
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And mortgage rates are spiking as the Fed raises rates.
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And they're spiking at a pace we haven't seen in more than a generation.
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Construction, by the way, in new homes falling much faster than expected.
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But those economic concerns mean political peril for the party in power.
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So you got to understand what's going on here that we're seeing across the country.
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We're going to talk about that a little bit in the next segment.
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The housing market is grinding to an absolute halt.
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Remember, we talked about this time and time again from the start.
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BlackRock, Blackstone, the insane amounts of money, the trillions that were being pumped into these companies, into these money market management firms.
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That was then handed over and turned over into the purchase of real estate corporations, which then were buying up housing.
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They're buying up developments because they wanted Wall Street to become your landlord.
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And this was this inflation was driving up, was driving up housing prices across the entire country.
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Because before 2008, it was the sub-prime housing market crisis.
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The government said to banks, you have to give that person a house because that person deserves to have their own house.
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That person, regardless of what their credit score is, regardless of what their income is, everyone deserves a house.
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So the banks were giving the loans at bayonet point.
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We can bundle these bad loans together and then we can sell them off.
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And at the end of the day, all of this is going to be backstopped by the U.S. government because we know we'll get bailouts.
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But a lot of these banks really didn't take a hit from any of this.
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They decided that they were going to move in and they were going to be the ones.
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Because they looked at the housing market and they said, okay, we want to have a situation where everyone's still able to get a home.
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Because again, we have these secular religions in the United States and this is one of them.
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Then they said, but the problem is that these people are too irresponsible to own their own home.
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Ah, I see now we're going to have Wall Street be the new landlord.
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So we're going to turn this country into a country of renters.
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That's what they've wanted from the absolute start.
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That's the operations arm of the Federal Reserve.
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But then all of a sudden, oh, what just happened?
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All those loans that you thought you were good on, now that's going to come down.
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Prices tank because they know these massive companies aren't going to be around anymore.
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But that also means that everybody else who is a homeowner, all that equity that you thought
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you had in your home, maybe you even borrowed against that.
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But maybe some people borrowed against that equity to finance things like extensions or
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projects at their home or other lines of credit.
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And if you don't think that's going to have political ramifications, social ramifications,
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cultural ramifications, you have not been paying attention.
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The fiscal mismanagement, and we're going to talk about this, of the UK is coming back.
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It's going to hit here and it's going to hit bad because they don't want you to own anything.
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And that's exactly the situation that they've set up for themselves.
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Families and businesses were worried about how to pay their bills.
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Putin's illegal war in Ukraine threatens the security of our whole continent.
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And our country has been held back for too long by low economic growth.
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I was elected by the Conservative Party with a mandate to change this.
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We delivered on energy bills and on cutting national insurance.
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And we set out a vision for a low tax, high growth economy that would take advantage of the freedoms of Brexit.
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I recognise, though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party.
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I have therefore spoken to his majesty, the king, to notify him that I am resigning as leader of the Conservative Party.
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Can all of this come before the United States and the American people?
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The problem was it was a market meltdown because they tried zombie Reaganomics in the UK.
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They tried cutting taxes for the 1% while continuing massive welfare spending, massive government spending, continuing printing, didn't raise interest rates.
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This triggered a huge market meltdown for the UK.
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Well, if you just listened to the last segment, boys and girls, let me tell you something.
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So let's go through the list of what the UK is involved in that brought them to economic ruin this week.
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And as you saw, collapsed the government of Liz Trust.
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That's two, two governments, two British governments that have collapsed in just the past six months.
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You can't keep spending like crazy and expect to never have to pay the bill.
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You can't have endless wars, open borders, mass immigration, huge, generous welfare spending, generous corporate welfare, tax breaks all over the place.
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No, at some point, at some point, the unfunded liabilities do actually become liabilities.
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At some point, the bill has to be paid because if you don't and if you go insolvent, if your debt becomes too much or even higher than your GDP, right?
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If your public debt becomes higher than GDP, your entire country is underwater.
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Nobody's going to want to do business with you.
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Now, I was talking about the UK, but every single one of those line items that I just stated can all be applied to the United States.
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Look, there's a lot that Ron Paul was right about.
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You cannot keep spending yourselves into oblivion because if you do, that's exactly where you're going to end up.
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That's exactly where the United States is going to end up unless we stop this immediately.
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And until then, by the way, until then, look, you know, no investment advice, but get your money out of cash.
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And the stock market doesn't even look like a safe place right now either.
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You know, we do the gold advertisements on here, but you really need to be looking at things like that.
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Tangible assets, things that you and your family need to focus on to weather this storm.
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And that's all the time we have for Human Events Daily.
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Look, folks, I'm even going to dispense with it.
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Steve Bannon's going to be okay, but we need to fight back.
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They're going to do this to each and every one of us if we don't stop.
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It will continue to happen unless we do the hard work.
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So, of course, our first story today was Bannon being sentenced 120 days but released pending appeal.
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This will go to the Supreme Court next Twitter tumbling after the Biden regime is planning security reviews for Elon Musk's deals.
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Third, the global housing market pains have echoes of a crash 30 years ago.
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And finally, after the U.K. market blow out the collapse of the government there, U.S. officials are asking, can it happen here?
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I'm going to remind you guys that finally, today, Border Battle Episode 5 is dropping on Salem now.
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I'm going to go pretty much right after the program here.
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Sign in to make sure that I can watch Episode 5.
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So, today's history break is the fact that today is the one-year anniversary of Alec Baldwin shooting and killing Helena Hutchins.
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And they are actually talking about making that movie, finishing that movie, continuing to film it, releasing it.
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Alec Baldwin's been a free man for a year after he shot and killed a female staffer.
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Ladies and gentlemen, as always, you have my permission to lay ashore.