EPISODE 457： CHAIR OF FEDERAL RESERVE TRICKED INTO REVEALING RECESSION IS LIKELY
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Summary
The Fed chair, Jerome Powell, has been tricked into revealing in a leaked call that a recession is likely. Next, a new study shows that 88% of boys outgrow gender dysphoria by age 20. And finally, the Left is melting down over new data showing that 9 out of 10 people arrested by the Texas Department of Public Safety in Austin are either Black or Hispanic.
Transcript
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Ladies and gentlemen, welcome aboard today's edition of Human Events Daily, powered by Turning Point USA.
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Today's sub-story. The Fed chair, Jerome Powell, has been tricked into revealing in a leaked call that a recession is likely.
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Next, new study shows that 88% of boys outgrow gender dysphoria by age 20.
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And finally, the left is melting down over new data showing that 9 out of 10 people arrested by Texas DPS in Austin
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are either black or Hispanic. We're going to break it all down. All this and we're ahead to Human Events Daily.
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But we would tell you that a recession is almost as likely as very slow growth.
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So that's a fact. And I think that is partly because of us having raised rates quite a bit.
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But this is what it takes to get inflation down.
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To get inflation off of the high – we've had inflation at its highest level in 40 years.
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To get inflation to come down, what we need is a period of slower growth so that the economy can cool off,
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so the labor market can cool off, so that wages can cool off.
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And so that's how inflation comes down. That's the only way we know to bring inflation down.
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And it can be painful, but there is – we don't know of any painful way – painless way for inflation to come down.
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That a recession is on the way. He knows it's on the way. In fact, when you listen to him, it almost sounds like a planned recession, like a scheduled recession.
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Oh, the recession is – it's right around the corner. It's coming. It's going to be fine. You guys are going to be great.
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Don't worry about it. We'll be fine. He knows he'll be fine. What about the rest of us?
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What about the people who have to live in this country? What about the people who have to live in this economy,
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who have to work, who have to have savings, who are living hand-to-mouth, paycheck-to-paycheck?
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What about people who have mortgages? What about people who are in debt,
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who tapped out all their credit cards over the past couple of years because of the economic turndown?
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What do you say to them? Well, you turn around and you say,
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oh, we're going to send another $100 billion to Ukraine, fire up the money printer.
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Because here's what's going on. So in this call, that's Jerome Powell,
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and he's talking to a couple of Russian prank phone call guys, and he's tricked them,
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or they've tricked him into believing that it's President Zelensky he's talking to. At one point,
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he actually starts praising the Russian central government for being so resilient to the
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international sanctions. Well, here's the thing, Powell, and this is what kills me. They know this.
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They know everything at the top. Go look at Jake Sullivan's recent talk with Brookings.
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It's so obvious. The elites know that they screwed the pooch on this economy. They know that going
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all the way back to the building of the system of globalism back in the 1990s, when they brought
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NAFTA in, when they brought globalism in, when they started outsourcing everything to China.
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Remember that story? Remember that word that we were told, that phrase that we were told about how,
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oh, we're all going to get better. Everything's going to be fine. But then President Obama and
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other people were coming out and saying, those jobs aren't coming back. There's a lot of truth
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to that. Because under this type of administration, you're not going to get those jobs back.
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Because all they're going to do is continue spending overseas. Then they're going to continue
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pressing the money printer. They're going to continue printing and printing and printing until
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this country is completely in debt up to its ears. And they're not actually going to use any of the
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economic leverage that the United States has as one of the biggest and most expensive markets
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in the entire country, one of those lucrative markets in the entire world.
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Every country on the planet should be charged to do business for the privilege of doing business
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in the United States. You want to sell something here, Apple, and it's made over in China from
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Foxconn. Well, guess what? You're going to pay the piper. If you want to sell something, Sony,
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if you want to sell something for any of these countries, any of them, you have to pay a price
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for the privilege of operating in the United States and for the privilege of selling something
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to the American people. You're going to say, oh no, oh no. Libertarians are going to go mad about
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this. They're going to say, how could you do that? That's a tax. We're against those things. Those are
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evil. The United States of America was built on tariffs. It's an external tax, not an internal
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tax. They're going to be taxes. Okay. Grow up. You need to grow up and be an adult. You're never
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going to get rid of all taxes in the United States of America. So the question is, are we setting up
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our tax system in such a way that we are helping foreigners at the behest, or I should say at the
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detriment of actual Americans? Because guess what? That's exactly how our tax code currently is.
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Sullivan knows this. Powell knows this. And Powell also knows that what he's doing
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is ratcheting up the prices because that's already happening through inflation, through the money
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printing. So what's he doing? He's ratcheting up the rates because he can't turn off the money
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printer. He doesn't have the authority to do that. Now you can talk about that all you want.
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There's been lots of debates. And I've said that before. I don't necessarily think that the
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World Economic Forum is like picking him up on the phone and saying, this is Klaus Schwab. You must
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print more money, Mr. Powell. Yes, the money will not come in my coffers. The printer is unplugged.
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No, that's not how it works. It's not like some cartoony James Bond thing. What it is,
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though, is these are the policies of the World Economic Forum, the same policies that are out
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there. And these people actually believe it. And that's something where, you know, what was funny
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is that in all the Tucker Carlson stuff that was out there and that great video he did, he mentioned
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something about how these people don't believe the things that they say, maybe in terms of wokeism
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to an extent. But I think that there is a great majority of the elite who really do believe they
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are saving the world and only they can save the world through their intellectual progressiveness.
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Unfortunately for us, folks, they are true believers. The true believers are in power and
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they're running us all off the economic cliff. You got to go buy some gold. I don't know what else to
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I came out to my parents when I was 12 going on 13, and their reaction was to take me to a therapist
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because they didn't know how to handle this. They didn't know anything about this, and they thought
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that it would be best to get a professional involved. But what ended up happening was that
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my delusion of actually being the opposite sex was affirmed. I was treated as if I were a boy. They
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only referred to me by my preferred name and by my preferred pronouns, and they didn't go by anything
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else. They never even went into the underlying issues that I had. And what they knew of, they didn't address.
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It was just treated as a completely standalone issue from my gender dysphoria.
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And they told my parents later that in an appointment they had, I don't think I was there for this,
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actually. So I couldn't really refute anything that was said. And I didn't know what they were
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telling my parents at the time. But they told my parents that if I wasn't allowed to transition,
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then it was very likely that I would kill myself. So that was Chloe Cole from our
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Whirlwind, I would say, Human Events Sunday special with both her and Ollie London about
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detransitioning. And in that special, we talked about how this is massive business for big pharma.
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The earlier they can get you hooked on gender hormones, the earlier they can get you starting
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the surgeries, starting these transitions, the longer they have to get money off of you.
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They're looking at this like a market. As Alex Stein has said in the past, drag queen story hour is a
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marketing strategy. So the question then for us becomes, how true is this? Is this actually something
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that they use that, you know, that's, that's, that's, that's some true statement that, oh,
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they're going to stay this way and it's going to help them. They're going to feel better. Well,
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here's an issue. And in a new study that's out from frontiers in childhood, the boys were assessed
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at a mean of 7.4 years. Mean year was 1989, follow up mean age of 20 years. Okay. I mean,
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year of 20, 2002 in childhood, 63% of the boys met this gender dysmorphia, uh, dysphoria disorder,
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but of the participants, 12% were classified as persisters when they went from seven years old to 20
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years old. And of the remaining 87.8%, 88% were classified as desisters. What does that mean?
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This goes through by philic Andrew philic classify over 33% were classified as gyne philic, which means
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you were actually obsessed with, um, uh, looking as a female, um, having a sexual fetish at a sense.
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And the real story for us is that this was something that as children, as young as seven,
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the mean of seven, they thought they were into, they thought was important to them by age 20.
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They had grown out of it. Now, this also came up recently because Elon Musk was getting into
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argument with one of these left-wing guys on Twitter who was saying, oh, oh, you know, this,
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this isn't happening. It's not true. And they were talking about the question of suicide.
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And this is the same thing they said to Chloe Cole's parents, because I asked her, I said,
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how could your parents go along with this? And I'm thinking about my own kids thinking what,
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you know, if my kid came to me and said, oh, daddy, I want to do this. It's like,
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you kidding me? Not even chance. But in Chloe Cole's case, they went to her parents and said,
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she will more than likely commit suicide if you do not do this. Well, Elon Musk put out a statement and
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put out this link to a study when he was getting into this online debate with some of these left-wing
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and pointed out that there is a high rate of suicide with people who transition. So the
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liberal responds and says, oh, oh, oh, wait, but actually see, you're wrong because the group that
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you studied already had a two-thirds, uh, more, uh, more likely to commit suicide than the general
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population. And then Elon responded, okay, but the study found that it was still the same rate
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of suicide after the transition. So you understand that the study that the liberal guy posted actually
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debunked exactly what he was trying to state. It showed that there was no difference whatsoever
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in those rates. This transition, all of it, the surgery, the hormones, the procedures, it did
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nothing to stop the rate of suicide in the people because they have a mental disorder. That's how it
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Travis County attorney Delia Garza says the recent DPS partnership with APD is putting community
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trust at risk, calling new data, quote, extremely concerning. Now this comes after DPS records show
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troopers are pulling over more people of color since the agency started helping Austin police with
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patrols. County Attorney Garza's office says it gathered data and it shows that 65% of the people
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DPS arrested for misdemeanors were Latino and 23% were black. Census data shows 48% of minorities
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make up Austin's population. The increased DPS patrols began on March 30th as a response to
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staffing challenges faced by APD. County Attorney Garza sent KXN a statement saying in part, quote,
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we all agree that we need to prioritize violent crime and true threats to public safety. And I am hopeful
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the city and DPS can find a way to accomplish this without disproportionately impacting communities
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of color. Oh, here we go again. Here we go again. Disproportionate impact. Disproportionate impact.
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So I'm going to do two things really quick. First thing I'm going to do is debunk those numbers
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because that's propaganda you're being pushed right now. These are not all the arrests that are
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taking place in Austin right now. These are the DPS arrests. DPS is working with the APD,
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but the DPS is coming in and I'm just going to say it. They're arresting the people that the APD
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just won't arrest. Why is that? Well, I guess you'd have to go and talk to the Austin city council.
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The fact, the same type of council that you find in pretty much every large blue city because they
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don't like to can do to conduct the policing operations that need to be done in larger cities.
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And particularly they don't want to go after this. This is the George Ferguson effect that we're
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seeing right here because the police in these areas. And to an extent, I understand because
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nobody wants to become the next Derek Chauvin. And so you, you lay off, you de-police, you say,
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I'm not going to go arrest those guys. What happens if something goes wrong and I get put behind
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bars for doing something that my city trained me to do using a tactic that my city trained me to,
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to do and was authorized by the city at the time. The mayor's not going to have my back.
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They're going to go after me. The police union is going to go after me. They did stand by Chauvin,
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at least in terms of paying for his, his, his legal services, but they know they're done for if they
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get into a Chauvin situation. So the city police are de-policing and then the state police are coming
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in to arrest the people that aren't being arrested by the APD. See what I'm saying? So the numbers you're
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looking at are not the total numbers. They're a portion. They're a sliver of the numbers. Okay.
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That's number one. Number two, I got to respond to that guy going, uh, when he was, when he was
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reading the, the, the, the stats right there, reading the story, he was saying, was it 63%? I think,
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what did he say? 63, 65, whatever it was. They're Latino. They're Latino.
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Latino. So, or Garza. The other say Garza. Really. So you're speaking English. If you're
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speaking English, then you use the English pronunciation. This is a very simple concept
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to understand. Okay. I speak Mandarin Chinese, but you know what? When I'm speaking English,
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I say Shanghai and Beijing and Hong Kong. I don't use the Chinese names. You know why? Because I'm
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speaking English to people in America. I can do it too. I can say Beijing. I can say Shanghai. I can say
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Shanghai. I can do all of that stuff, but I'm not going to, you know why? Because I'm not a pretentious
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fruit. And that is exactly what you sound like right now. Like you're, oh, listen, me, I'm going to go.
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And use the, the, the local pronunciation of this particular word here. It's like when Obama used
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to say Pakistan, Pakistan. You remember that? He would say Pakistan. You wouldn't say Pakistan.
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Afghanistan. Like, like, what are you doing, man? You're, you're, you're an American. Why are you
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changing your voice? Which is a code switching. Why are you changing your voice for just one word?
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Don't do it. It drives me nuts. I have an absolute pet peeve about it. You sound stupid. It makes you
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sound dumb. You should be ashamed and never do that again. If you catch anyone ever do it,
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ever doing that, you want to put it in the same carrot category, code switching. You want to put
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it in the same gut. AOC does this all the time. Put it in the same category as vocal fry, put it in
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the same category as up talk, vocal fry, Latino, Latino. And then up talk of course, is when you turn
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everything into a sentence, like you're just talking. And then at the very end of what you're
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saying, it just becomes like you're not using a declarative sentence. You're just going in, um,
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betas, uh, low T, uh, guys who, um, who their wives have boyfriends and, um, pretty much as anyone
00:20:42.560
who drinks soy talks like this. If you notice something, um, former Congresswoman Tulsi Gabbard
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does not use up talk. Uh, she uses very downward inflection at the end of her sentences. That is
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how people know that when they listen to her, they are getting declarative statements. And it's
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amazing. Uh, she's very, very good at that. And if you were paying attention to linguistics,
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if you're paying attention to vocal coaching, vocal techniques, uh, hers is an incredible one. I've
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noticed it many, many times. Doesn't person too. Um, and she's just great, great in person as well.
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So when we look at this, we have to understand this type of hit piece that's being done right now
00:21:20.580
on the Texas DPS is exactly what's going to happen. And every time a red state comes into a blue city
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and tries to clean it up, they're going to call you racist. They're going to smear you. They're
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going to attack you. Now notice what's, what's missing from all of, all of his, uh, you know,
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he's going to take the time to go and talk about the Latino community, but he's not going to say
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anything about the fentanyl use that has skyrocketed in that community and in the African-American
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community because, Oh, look, lookie what we have here from the Travis County medical examiners
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report. There has been a massive increase in fentanyl related deaths in 2022. This is the same
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report that just came out yesterday. And let's see, let's see what it says. Oh, look at this.
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The fentanyl related overdoses increased by 460% for African-American and black people
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and 247% for Hispanics. So it turns out that in, in the city of Austin, right? That's where
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Travis County is. There is a massive hyper hyper crisis going on right now, a hyper crisis of fentanyl
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deaths that the Texas DPS is trying to deal with by locking up the fentanyl dealers, by locking up
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the people who are involved with this. You know why? Because it's trying to keep those communities
00:22:49.400
safe because those are the ones with the most crime. Everybody looks at this backwards. They say,
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Oh, you're locking it up because you don't like this. But no, it's, it's, it's, it's actually the
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opposite because the criminals are in that community. And so to defend that community,
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you're going to have to go and arrest people that are preying upon that community that are killing.
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There's increase of the 245 people died from fentanyl out of a total 417 accidental overdoses,
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massive increase. I mean, you listen to this Travis County judge at a press conference,
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just this Wednesday said Travis County is facing double the number of funerals,
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double the number of empty seats at the dinner table and double the number of questions with more
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number of families with more questions than answers. It's a public health crisis that's being
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dealt with in Texas. And I applaud Texas for doing this by the way, but I want everyone to be sure
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that in every red state where you do this, this is exactly how the media is going to respond.
00:23:48.380
When you crack down on crime at this point, they're going to do it anyway. You just got to embrace it,
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embrace and amplify, go full El Presidente, El Salvador style. Ladies and gentlemen,
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as always, you have my permission to lay ashore.