Trump's Big, Beautiful Bill Passes the Senate, but Now It's Back To The House. Plus a new poll shows a vast majority of Democrats are not proud of being American. What does that have to do with Zoran Mamdani? An awful lot, as it turns out. Plus, what are the economic problems we have to avoid in order to avoid a Zoran Mandanni-like socialistic backlash?
00:00:17.000Plus, what are the economic problems we have to avoid in order to avoid a Zoran Mamdani-like socialistic backlash?
00:00:22.000First, we're starting our 4th of July celebration early with something big.
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00:00:48.000So President Trump has a big victory in his cap.
00:00:51.000So we had announced earlier this week that the President of the United States was likely to get the Senate to vote for the big, beautiful bill, some version of that.
00:00:58.000And they did, in fact, pass a preliminary vote earlier this week, but they have now passed an actual big, beautiful bill, one big, giant, beautiful bill.
00:01:06.000We'll discuss the variegated beauties of this bill in just a moment.
00:01:10.000But essentially what happened is that Republicans lost three votes on this bill.
00:01:16.000Those votes would be Rand Paul, Tom Tillis, and Susan Collins.
00:01:36.000According to the Wall Street Journal, the Senate's 5150 action puts Republicans on the verge of locking in Trump's top legislative priorities, extended tax cuts, new tax breaks, reductions in Medicaid spending, and more money for defense and border enforcement.
00:01:49.000They are using their full but narrow control of Congress to pull money from safety net programs in the clean energy industry and redirect it to national security and taxpayers' wallets.
00:01:57.000And we will get to the clean energy of this, the AI aspects of this bill, because there is a rift emerging in the Republican caucus between some of the tech bros and sort of the rest of the Trump coalition.
00:02:08.000Elon Musk and President Trump are at it again.
00:02:11.000Well, the Senate passed the measure with no votes to spare following a 215 to 214 nail biter in the House in May.
00:02:18.000Senate Majority Leader John Thune described the vote as an extraordinary day for our country and highlighted the border security funding and spending cuts.
00:02:24.000He said, we were very excited to be part of something that was going to make America stronger, safer, and more prosperous.
00:02:29.000And it really starts with an agenda that President Trump laid out when he was running last year.
00:02:34.000Rand Paul, of course, opposed the legislation's $5 trillion debt limit.
00:02:38.000Tillison Collins objected to Medicaid funding changes that reduced coverage for some people in some states.
00:02:45.000Senator Lisa Murkowski was the person who they were able to convince to join with the Republican majority in this particular case.
00:02:53.000She pushed for changes that would basically let Alaska off the hook in terms of some of the Medicaid cuts that were to follow.
00:03:00.000And Republicans did make some last-minute changes to the bill that helped to sway Murkowski, which included a delay in nutrition assistance cuts for states, including Alaska, that have a higher payment error rate, a move that Democrats say would encourage waste, fraud, and abuse.
00:03:13.000They also doubled to $50 billion a rural health fund designed to mitigate the effects of the bill's Medicaid cuts.
00:03:19.000So again, every time you have a very narrowly passed major piece of legislation, at the very end, some piece of pork gets shoveled at one of the senators who's on the fence.
00:03:29.000This goes all the way back to Obamacare, which was passed and rather in the dead of night with a bunch of giveaways to specific legislators in order to make sure that that happened.
00:03:37.000Murkowski said, this is probably the most agonizing, difficult legislative 24-hour period I've encountered.
00:03:43.000And you all know I've got a few battle scars underneath.
00:03:45.000I held my head up and made sure the people of Alaska are not forgotten in this.
00:03:50.000Well, now the focus is shifting back to the House.
00:03:52.000The Senate bill has already irritated a bunch of factions of Republicans in a chamber that they control 220 to 212.
00:03:58.000Moderates are worried about some of those Medicaid cuts.
00:04:00.000And meanwhile, fiscal conservatives like Chip Roy of Texas are very upset about the fact that the bill gets rid of some of the cuts that were already supposed to be in there, including cuts to these sort of green energy subsidies.
00:04:13.000Senators trudged through more than 26 hours of motions and amendments, starting mid-morning Monday, going all the way beyond Tuesday sunrise and just past noon.
00:04:22.000Senate Republican leaders were altering the bill all the way up until the last minutes, and they finally, again, got Murkowski on board.
00:04:28.000So what exactly is in the latest version of the so-called big, beautiful bill?
00:04:33.000Well, the making permanent of the Trump tax cuts.
00:04:36.000And again, so much of what happened with this bill is rooted in an unbelievably stupid idea, which is that if you're going to assess the additional debt created by the bill, we have to assume that the tax cuts were going to expire, so-called baseline budgeting.
00:04:50.000The idea was that since the tax cuts were set to sunset at a certain point, that we would simply assume that the tax expenditures coming into the government, the tax revenue to the government, would automatically increase.
00:05:02.000And so if you maintain the tax rates at the same rate, that actually was increasing the deficit, which again is sort of a weird accounting trick.
00:05:09.000And that necessitated cuts in other areas in order to offset those supposed additions to the deficit.
00:05:16.000The projected cost of the continuation of the tax cuts, some $4 trillion.
00:05:23.000It's a continuation of current tax rates, preventing a reversal of the tax cuts.
00:05:28.000The state and local tax deduction, that provision would allow people to deduct up to $40,000 per year for five years from their federal income taxes.
00:05:36.000As part of the compromise with Senate Republicans, the cap would go back down to $10,000 per year after five years.
00:05:41.000Now, in reality, again, is it likely to sunset like that?
00:06:16.000The bill would provide Customs and Border Patrol with $47 billion to build the ball and associated infrastructure like access roads, cameras, lights, and sensors.
00:06:24.000It also includes $2 billion for Department of Homeland Security and about $30 billion for ICE.
00:06:30.000The bill includes $25 billion for President Trump's Golden Dome Missile Defense System, another $30 billion for shipbuilding, $15 billion for nuclear deterrence.
00:07:00.000Of course, there should be work requirements.
00:07:03.000You should be required to go look for a job so you're not just living on the taxpayer dole.
00:07:07.000The Senate goes further than the House did in restricting state-levied fees on healthcare providers that are primarily used to fund Medicaid, especially in underserved communities.
00:07:15.000The federal government would not be on the hook to reimburse states, and that means states would have to presumably either lower their existing rates or come up with the money themselves.
00:07:23.000That is slated to save some $930 billion.
00:07:27.000There are other aspects of waste, fraud, and abuse that the Republicans are targeting in Medicaid that are supposed to save $170 billion.
00:07:34.000There are going to be work requirements for people who rely on food stamps.
00:07:37.000Again, these work requirements are fairly minimal.
00:07:39.000You're talking about people having to work 80 hours per month with exceptions for people with children under the age of 10.
00:07:46.000So these are very, very mild provisions.
00:07:49.000It seems to me the bare minimum of what morality requires if you are receiving food stamps.
00:07:56.000Okay, supplemental nutrition assistance programs are supplemental.
00:08:00.000They should not be the main source of your nutrition.
00:08:03.000One of the more controversial cuts here has to do with the clean energy tax credits.
00:08:08.000So the bill rolls back tax credits under the Inflation Reduction Act that President Biden signed into law, including for clean vehicles and electricity.
00:08:15.000And that includes, according to NBC News, a last-minute total repeal of federal subsidies to wind and solar industries unless those projects were placed in service before the end of 2027.
00:08:25.000An additional tax could be phased in depending on how much of those products are actually manufactured in China.
00:08:31.000There's also a tax incentive for coal production.
00:08:33.000So, of course, this means a lot of people who are on the sort of green energy side are very upset.
00:08:37.000They're saying, why are you subsidizing coal, but you're not subsidizing wind and all the rest.
00:08:40.000One of the reasons is because coal is still a more durable source of energy than wind at this point.
00:08:48.000The battery power is not particularly good at this point.
00:08:51.000This has been one of the problems is that the flex power capacity of the grid is dependent on permanent sources of energy like coal or gas, not like wind or solar.
00:09:03.000There's a bunch of funding for space programs, including $10 billion for Mars mission priorities.
00:09:09.000There's the defunding of Planned Parenthood.
00:09:11.000And of course, most controversially, when it comes to fiscal conservatives, the package includes a $5 trillion increase in the debt ceiling, which is more than the $4 trillion in the House pass package.
00:09:21.000And that's what Senator Rand Paul is opposing.
00:09:24.000Now, President Trump, for his part, he is actually, if he's critical of the bill in any specific way, he says he doesn't like the cuts.
00:09:33.000The cuts are the thing that's dangerous.
00:09:34.000And again, this rings true in terms of the economic populism that President Trump pursues, which is a big spending version of conservatism, if it can be said to be conservative at all.
00:09:45.000I mean, it's a very large spending political version of Republicanism.
00:09:52.000Are there parts of the bill or amendments that you think cut too much?
00:09:55.000We're going to have to see the final version.
00:09:57.000I don't want to go too crazy with cuts.
00:11:25.000Okay, so again, in the end, what does this mean?
00:11:28.000It means that Republicans are likely to vote for it because the tax cuts must be enshrined permanently into law.
00:11:34.000But as I mentioned earlier on, there are some splits that are emerging inside the sort of coalition that President Trump has put together between tech bros and the populist economists that he has in his own corner.
00:11:45.000Already coming up, Elon Musk, President Trump really going at it again.
00:11:49.000First, we are days away from what has been dubbed the Rio reset, the greatest threat to the U.S. dollar's global dominance in maybe 80 years.
00:11:55.000On July 6th, BRICS nations, Russia, China, India, Iran, many more, are expected to unveil their plans to circumvent the American dollar, thus cratering its value.
00:12:03.000They've already been laying the groundwork as their central banks have been methodically divesting from the U.S. dollar and U.S. bonds in favor of gold.
00:12:09.000How can you protect your IRA or 401k from the fallout from this landmark shift?
00:12:13.000Diversify with gold from Birch Gold Group.
00:12:16.000Historically, gold has been a safe haven in times of high uncertainty, and that would be like right now.
00:12:20.000I recently bought some more gold specifically because I'm afraid of this sort of stuff.
00:13:52.000Visit tnusa.com slash Shapiro to get started.
00:13:55.000Again, don't forget, you get 10% off all services through July 4th as part of their celebration of Independence Day.
00:14:01.000So you have a bunch of wings of the Republican Party.
00:14:03.000You have the fiscal hawks, the people who want less debt, less deficits, lower spending, and lower taxes.
00:14:09.000Then you have people, the economic populace, who would like lower taxes and big spending.
00:14:12.000That'd be like Josh Howley of Missouri, for example.
00:14:15.000And then you have people who are the tech guys, and what they're mostly concerned about is deregulation.
00:14:20.000And yes, they would like some subsidies aimed at things like AI and green energy.
00:14:25.000And you're seeing that all break out into the open with regard to Elon Musk.
00:14:29.000So as Axios reports, critics say that President Trump's mega bill amounts to an abject surrender in the battle for the future of energy.
00:14:35.000The consequences for U.S. jobs, electricity prices, and the AI arms race could reverberate for decades.
00:14:41.000Elon Musk tweeted out, quote, a massive strategic error is being made right now to damage solar and battery that will leave America extremely vulnerable in the future.
00:14:49.000Jason Bordoff, who leads the Columbia University Energy Think Tank, said the bill could hinder the United States in the AI race with China.
00:14:55.000He said, quote, winning that race is going to require we increase electricity generation capacity in the U.S. really fast and by a lot.
00:15:02.000That soaring demand is creating tailwinds for natural gas and nuclear, but even those great sources cannot ramp up fast enough to meet the urgent near-term needs of data centers and AI infrastructure.
00:15:11.000And so he's saying basically you need to throw everything at energy, including at so-called renewable energy.
00:15:18.000So this is a major battle that's broken out again inside the sort of tech-centric part of the Republican Party.
00:15:24.000Beyond that, there was supposed to be an amendment to the Big Beautiful bill in the Senate that was going to protect the development of AI in the United States by creating a federal moratorium to bar state-level experimentation with regulation on AI.
00:15:37.000So Florida couldn't have its own AI rules and California its own AI rules.
00:15:41.000Basically, the idea was that there would be a federal ban on state-level legislation.
00:15:46.000The federal government could still legislate and regulate with regard to AI, but you don't want AI companies having to navigate the thickets of 50 different state regulatory structures in order to develop because we are in a national competition with China on the development of AI.
00:16:02.000Unfortunately, the U.S. Senate voted 99-1 to strip from the sprawling tax and immigration bill a provision that would have blocked states from regulating artificial intelligence for the next decade.
00:16:12.000And again, the reason for that is when it became apparent that this thing wasn't going to pass, a bunch of the people who sponsored the bill, including Senator Ted Cruz, for example, voted against it, knowing that it was basically DOA.
00:16:23.000It left the Republican-led industry-backed push to roll back state AI laws on life support as voting continued on the broader bill, according to the Washington Post.
00:16:31.000Republican leaders and tech trade groups have pitched the multi-year freeze on state regulations as necessary to pave the way for U.S. AI firms to innovate and out-compete their Chinese counterparts.
00:16:40.000Last month, the House of Representatives passed a version of the tax and immigration bill that did include a 10-year ban on states passing or enforcing regulations on AI.
00:16:48.000So Senator Cruz was pushing a behind-the-scenes effort to rework that provision to comply with procedural restrictions and gain the support of a small handful of Republican holdouts.
00:16:57.000And it looked like it was going to happen.
00:17:01.000The problem is that there were other opponents who said that it was unclear to them exactly what kinds of regulations would be barred.
00:17:08.000And so Marcia Blackburn of Tennessee announced she no longer supported the compromise and would instead propose an amendment to remove that AI law moratorium altogether.
00:17:16.000She said, while I appreciate Chairman Cruz's efforts to find acceptable language that allows states to protect their citizens from the abuses of AI, the current language is not acceptable to those who need protections the most.
00:17:26.000Until Congress passes federally preemptive legislation like the Kids Online Safety Act and an online privacy framework, we can't block states from making laws that protect their citizens.
00:17:35.000The left was very, very happy about all of this.
00:17:39.000Senator Maria Cantwell, Democrat of Washington, who is quite radical, she says the Senate came together tonight to say we can't just run over good state consumer protection laws.
00:17:47.000And of course, all of this is definitely going to hold up the development of AI on a national level.
00:17:53.000Again, all of this is leading to the massive clash that is now occurring between President Trump and Elon Musk.
00:17:58.000This is round two, part due, hot shots, too Musk, too furious.
00:18:07.000Well, essentially, Elon Musk decided that he was going to go to war with the bill again.
00:18:14.000So he's threatening that he is going to primary senators and congress people vote for the bill.
00:18:19.000He's also vowing to help Thomas Massey, the Republican congressperson who really gets on President Trump's nerves by voting against everything Trump wants.
00:18:27.000He has vowed he's going to help him in a primary.
00:18:31.000President Trump then hit back with a long social media post of his own, seeking to frame Musk's opposition as a bid to cling to his electric vehicle subsidies.
00:18:40.000He said, quote, Elon may get more subsidy than any human being in history, by far.
00:18:45.000And without subsidies, Elon would probably have to close up shop and head back home to South Africa.
00:18:48.000No more rocket launches, satellites, or electric car production, and our country would save a fortune.
00:18:58.000So there he is going right at Elon's drug dealer, basically saying, listen, you started Doge, and why don't we examine the cost structure on the Tesla EVs?
00:19:06.000Why don't we examine the cost structure on SpaceX and all the rest?
00:19:09.000Again, all of this follows Elon Musk pledging that he would form a new party that he calls the America Party.
00:19:15.000Quote, if this insane spending bill passes, the America Party will be formed the next day.
00:19:19.000Our country needs an alternative to the Democrat-Republican Union Party so that people actually have a voice.
00:19:25.000And again, he pledged as part of that that he was going to support Thomas Massey of Kentucky.
00:19:29.000Massey, who of course has been on sort of the horseshoe theory right with regard to foreign policy, but also happens to be a Ron Paul, low spender, anti-regulation type.
00:19:42.000Musk wrote, nearly the entire House and Senate GOP will lose their primary next year if it's the last thing I do on this earth.
00:19:49.000And he went out of his way to call out two House Republicans who call themselves budget cutters, Andy Harris of Maryland and Chip Roy of Texas.
00:19:56.000He's also squabbling with Senator Mark Wayne Mullen of Oklahoma.
00:20:01.000So again, all this now breaking out into the open.
00:20:06.000President Trump going after Elon saying, listen, buddy, we were friends.
00:20:16.000But if you keep going after this bill and you're doing so because you want a subsidy, well, I mean, we could just remove all of those subsidies.
00:20:25.000Here was President Trump saying all this verbally.
00:21:24.000I wish that we were restructuring our entitlements in a serious way.
00:21:27.000I wish that we weren't going to sleepwalk our way right over that Thelma and Louise cliff, that fiscal cliff that is going to come sometime in the next few years.
00:21:34.000I wish that we did all these things, but the American public is not prepared to do any of those things.
00:21:38.000And that's where you enter the realm of the pragmatic, where President Trump simply is right.
00:21:43.000So is this fight really about EV subsidies?
00:21:46.000Is this fight truly about sort of political purism?
00:21:52.000As I've suggested before, the fact that the Trump administration decided that they were going to get rid of Elon's hand-picked head for NASA, and apparently Sergio Gore is the guy behind that.
00:22:49.000Again, I think that's an appropriate step for Bessant to take at this point.
00:22:52.000He is, of course, the Treasury Secretary.
00:22:54.000Meanwhile, there are sort of the hangers-on who are looking for a way back into power.
00:22:58.000One of those has been Steve Bannon, who's been targeting Elon Musk for quite a long time because he sees Elon Musk and his sort of libertarian leanings with regards to economics as a threat to the big spending Republican Party, the statist Republican Party that Steve Bannon prefers.
00:23:12.000So Bannon is using this as an opportunity to try to not only drive a wedge, but to get himself closer to Trump.
00:23:20.000Elon Musk is out and he's, not that I told you this was going to happen, but he's out lighting up the president and lighting up MAGA and claiming that it's time for a third party and that this is, he calls it, I think, in all his maturity, the porky pig bill.
00:23:38.000He's going on about the spending, hammering it, hammering it.
00:24:14.000I haven't seen anything specifically fraud and abuse put forward from the Pentagon anywhere.
00:24:21.000Okay, so again, this is a little bit ironic in and of itself because, of course, Steve Bannon was a big Tea Party advocate who wanted smaller government.
00:24:28.000Now he's complaining that Musk is complaining that the bill is too big.
00:24:35.000So is every single government funding bill of my lifetime.
00:24:38.000There has yet to be a major government bill that is not a big spending government bill because the American people lie to, we lie to ourselves all the time.
00:25:39.000If you're going to be politically pragmatic about this, you have to recognize that what this bill effectively is about, more than anything else, is making sure the tax cuts don't go away, making sure defense is paid for, making sure immigration is paid for, and all the rest.
00:25:53.000And so when it comes to this Musk-Trump fight, again, I just want to know what the end game here is.
00:26:00.000What is it that Elon is really looking for here?
00:26:02.000If he wants to build, again, a popular movement outside the government in favor of slashing and burning large swaths of the federal government, sign me up today.
00:26:11.000But if what we're talking about is the idea that, say, Chip Roy is unsuitably big government, or if what we're talking about here is that the choices here are letting the tax cuts expire and taxes radically increase and you still don't get lower spending or this bill, I choose the bill.
00:26:28.000And I think most Americans will choose the bill.
00:26:30.000Now, that doesn't mean that the bill pulls particularly well.
00:26:33.000It doesn't, because the bill's been criticized every which way.
00:26:36.000But I guarantee you, I guarantee you that if Republicans don't get this done and the taxes do increase, that's going to be even more unpopular.
00:26:44.000Alrighty, coming up, Zarin Mamdani, Democrats are embracing him.
00:26:47.000Well, maybe because actually his anti-Americanism fits what they're looking for first.
00:26:52.000Speaking of a place that doesn't hate the country, Grand Canyon University, private Christian university in beautiful Phoenix, Arizona, they believe we're endowed by our creator with certain unalienable rights to life, liberty, the pursuit of happiness.
00:27:02.000GCU believes in equal opportunity and that the American dream starts with purpose.
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00:27:13.000By honoring your career calling, you impact your family, your friends, and your community.
00:27:16.000Change the world for good by putting others before yourself to glorify God.
00:27:20.000Whether your pursuit involves a bachelor's, master's, or doctoral degree, GCU's online, on-campus, and hybrid learning environments are designed to help you achieve your unique academic, personal, and professional goals.
00:27:30.000With over 340 academic programs as of September 2024, GCU meets you where you are and provides a path to help you fulfill your dreams.
00:27:47.000Again, that's gcu.edu to check out Grand Canyon University.
00:27:52.000Also, as we celebrate Independence Day this July, we are reminded of the freedoms our founders fought to protect, especially that fundamental right to life, liberty, and the pursuit of happiness.
00:28:00.000But here's something that should surprise you.
00:28:02.000There are still Americans today whose most basic right, the right to life itself, is at risk.
00:28:25.000They provide love, support, and resources during what can be an incredibly difficult time.
00:28:29.000Look, if we really believe what the Constitution says, that all people are created equal with unalienable rights, that has to include the smallest and most vulnerable among us.
00:28:37.000These babies deserve the same rights our founders declared, life, liberty, and the pursuit of happiness.
00:28:42.000You can be part of this mission for just 28 bucks.
00:28:45.000That's the cost of one life-saving ultrasound.
00:28:47.000Or you can sponsor five ultrasounds for $140 to donate.
00:28:59.000Okay, meanwhile, the Democratic Party continues to remain in a state of disarray.
00:29:05.000The Democratic Party has decided over the course of the last 15 to 20 years in this country that if they do not win elections, they don't like the country anymore.
00:29:30.000The poll noted, Democrats are mostly responsible for the drop in U.S. pride this year.
00:29:35.00036% only say they are extremely or very proud, down from 62% a year ago.
00:29:42.000So first of all, 62% is super low, super low.
00:29:45.000And you're talking about a time when Democrats were running the government.
00:29:47.000And Joe Biden was president a year ago.
00:29:50.000And still, not even two-thirds of Democrats said that they were extremely or very proud of the country.
00:29:54.000And when President Trump is president, that number drops to 36%, which suggests that actually the bulk of Democrats are not particularly proud of the country.
00:30:01.000Just generally, they're not proud of the, they might be proud of their politicians, but they're not proud of the country.
00:30:06.000See, if you asked me when Barack Obama was president of the United States, I thought he was a terrible president, an awful, historically bad president.
00:30:13.000If you asked me if I was extremely or very proud to be American, of course, I would say yes.
00:30:18.000I can't imagine a moment in my lifetime when I wouldn't have said that, actually, including during the Biden administration, when Joe Biden was doing terrible, terrible things.
00:30:26.000Because the president of the United States is not the definer of Americanism.
00:30:31.000He is the elected official at this point in time.
00:30:34.000But for Democrats, if they don't get their way, meaning a left-leaning government that crams down a vision of America that is perversely anti-American on the rest of the population, then they just don't like the country.
00:30:46.000Pride among independents fell from last year, but only by about seven points.
00:30:50.000Republicans say they are slightly prouder this year than in previous years to be American.
00:30:55.000Typically, Republicans' level of national pride registers around 90%, including 92% this year.
00:31:11.000The only years in which fewer than nine in 10 Republicans were proud were 2016 and 2020 through 2024.
00:31:18.000Nationwide, pride was at its highest in the years immediately following 9-11.
00:31:23.000It declined significantly after the Iraq War and then again after the BLM movement.
00:31:27.000But again, that was driven mostly by Democrats, as Joel Pollack points out over at Breitbart.
00:31:32.000Which leads us back to Zoran Mamdani, who certainly is not proud to be an American, who brags about having an outside American perspective, meaning a third worlders perspective.
00:31:40.000He brags about this stuff while eating rice with his hands in order to appeal to people who have a peculiar, I don't know, antipathy for forks, for cutlery.
00:31:50.000The scavenger movement led by people like Zoran Mamdani is quite real.
00:32:04.000They would boycott, divest, and sanction America for being a settler colonial estate if they had the capacity to do so.
00:32:10.000They would float three feet above the ground so as not to occupy American land originally taken from the Native Americans according to their peculiar likes.
00:32:19.000The Zorin Mamdani wing of the Democratic Party is not proud to be American.
00:32:23.000The Zorin Mamdani wing believes that America is a net bad for the world, that America has been a negative force in the world and continues to be a negative force in the world and will continue to be a negative force in the world until it is brought low.
00:32:36.000And yet, Democrats continue to praise Zorin Mamdani.
00:32:39.000Connecticut's Governor Ned Lamont was out there praising.
00:33:00.000Affordable housing is the biggest key to affordability in our state and I think across the country.
00:33:06.000And again, these are the supposed moderates in the Democratic Party who are now cheering him.
00:33:11.000Then you have the people who are not moderate at all, but who were mainstays of the legacy media.
00:33:14.000Taylor Lorenz is still out there haunting the landscape.
00:33:17.000Again, the Miss Havisham of politics, a ghost wearing a bridal dress that will never be used, Taylor Lorenz.
00:33:23.000So now Taylor Lorenz is appearing on Piers Morgan's show.
00:33:26.000Piers Morgan's show has essentially become a repository of Jerry Springer-esque politics, in which he invites the ambulatory psychotic to debate the sometimes sane.
00:33:36.000And then that's his show, essentially.
00:33:39.000Anyway, Taylor Lorenz goes in the ambulatory psychotic category.
00:33:44.000I mean, everybody cheers Jerry, Jerry, when somebody gets hit with a chair or when we find out who the dad is.
00:33:48.000But in any case, Taylor Lorenz is now out there defending the death to the IDF chant that was originally put out there by a band that no one had heard of until five minutes ago called Bob Villain over at the Glastonbury Music Festival in Great Britain.
00:34:03.000It's totally fine, according to Hayla.
00:34:05.000Remember, the important thing here is that Taylor Lorenz was a mainstream media establishment journalist.
00:34:12.000She was the online journalist for the Washington Post for a lot of time here.
00:34:16.000And now she spent the last couple of years defending Louis G. Mangion murdering people and people shouting death to the IDF.
00:34:25.000Now, what they should do next is stop the genocide.
00:34:28.000Again, if people want the public and these artists to have more positive sentiment towards the Israeli military forces, then anyone wants positive sentiment.
00:34:37.000I don't know why you twisted it around.
00:34:38.000We're saying we don't want anyone to call for the death of anyone.
00:34:42.000I mean, if you are advocating against genocide and you don't want people to be killed, how can you turn around and say at the same breath that you think chanting for death should be contextualized somehow?
00:34:53.000Well, yeah, because again, if an army is committing genocide and slaughtering babies and creating the highest rate of child amputees in the world, and if that is what they have done for months and years now, and then the public is rightfully outraged about that.
00:35:07.000Calling for their death, that's the issue.
00:35:09.000It's not calling for the death of a military entity that is currently committing genocide.
00:36:09.000Because the anti-American left is quite real.
00:36:12.000Now, sane Democrats, there's still a few of them, are out there saying, this is kind of nuts.
00:36:16.000Stephen A. Smith, who shockingly has become one of these sane Democrats, he's out there saying, listen, if we follow Zoran Mamdani here, we are in serious trouble as Democrats.
00:36:26.000Ladies and gentlemen, let me be very, very clear.
00:36:29.000If the Democratic Party becomes the likes of Zoran Mamdani, who, by the way, I like, not trying to throw any shade on him or anything like that, but if the Democratic Party becomes him, you have no chance.
00:37:22.000Why don't you have something against Zara Mamdani?
00:37:24.000The guy embraces actual government-run grocery stores as though that hasn't been tried in Cuba or in Venezuela, where citizens, as John Casimitas writes over at the Wall Street Journal, where citizens stood in line for hours to get a loaf of bread or a bag of rice if there was any food left at all.
00:37:40.000Why do you have to say, why is there always this proviso?
00:37:42.000I have nothing against, I have something against Armamdani.
00:37:45.000I think that he is a perfect encapsulation of everything wrong with both our immigration system and our educational system and our political system.
00:37:53.000Our immigration system never should have made provision for his parents to come to this country because they evidenced no love for the country or its principles when they were let in.
00:38:01.000His father is a teacher of settler colonialism studies or some such bull over at Columbia University.
00:38:06.000And his mother makes left-wing agitprop in Hollywood.
00:38:09.000We don't need more of those in this country.
00:38:13.000He comes to the country at the age of seven or eight and is deeply ungrateful to be in this country and believes everything about it ought to change.
00:38:19.000And brags that he has a third worlder's perspective, which is incredible, having grown up in the first world for the vast majority of his life, the scion of two wealthy parents.
00:38:30.000He is moved even further to the left by our garbage educational system.
00:38:35.000And now he is going to be the mayor of New York in all likelihood.
00:38:38.000Yeah, I have something against somebody who's had every privilege America can offer anyone handed to him on a silver platter and spits in the face of our country.
00:39:41.000But when it comes down to governing the city and balancing the budget and ensuring that you can create the environment that we have of more jobs in the city's history, you're seeing how we have made it safe on our subway system and above ground, what we're doing in education.
00:39:59.000That's what it's going to come down to.
00:40:01.000And this academic elitist, a person who didn't get a job until he was 29, he was, you know, basically financially supported by his parents.
00:40:12.000This is about running the most important financial institution in our country, if not the globe, and that's New York.
00:40:20.000Okay, so again, he's not wrong about all that, by the way.
00:40:23.000He sort of grew up middle class, pretends to be a poverty-stricken victim of the American system routine from Democrats.
00:40:30.000AOC, of course, her past is now being brought up in this context because people are discovering anew that she went to Yorktown High School, which is a very middle-class section of New York in Westchester County, where she was known as Sandy.
00:40:45.000She was known as Sandy at the time, Sandy Cortez.
00:40:48.000And she was affectionately remembered as a top-notch student in a school district that's 35 miles north of the Bronx when she says that she grew up in the Bronx.
00:41:04.000State Assemblyman Matt Slater of Yorktown noted Sunday, most of his constituents remember the progressive politician as Sandy Cortez from Yorktown Heights.
00:41:11.000He said she's embarrassing herself for doing everything possible to avoid saying she grew up in the suburbs instead of the Bronx.
00:41:20.000It's clearly desperate attempts to protect a lie that she's from the Bronx at all.
00:41:25.000Again, there is a sort of bizarre pride in growing up impoverished, as though this grants you added credibility in America to the point where people actually have to fake it if you're a Democrat.
00:41:35.000And meanwhile, the assumption, of course, is that if you're a Republican, it's because you grew up rich.
00:42:23.000They did better as time went on and good for them because that's the American dream.
00:42:27.000But this notion that has been placed out there that people like Zoran Momdani saw the worst that American society has to offer, but Republicans are all silver spoon, born and bred, high society types.
00:43:44.000But why am I worried about Zoran Mamdani and company?
00:43:47.000And the answer here is because every civilization is just one generation from getting rid of its own freedom in the name of some sort of catastrophic attempted solution to a problem.
00:43:58.000And that problem can come in the form of a bad economy.
00:44:01.000Bad economies tend to generate radicalism.
00:44:03.000They tend to generate an upsurge in stupidity.
00:44:06.000They tend to generate people making insane moves in an attempt to avoid the consequences of past bad policy.
00:44:13.000And so this is why I remain somewhat concerned about the American economy.
00:44:17.000President Trump is stepping up pressure on Jerome Powell over at the Federal Reserve to cut the interest rates.
00:44:23.000He actually wrote him a handwritten note saying that he was costing the country a fortune and demanding that he cut interest rates by a lot because his idea here is that the economy is on solid footing, that inflation is not, in fact, high, that the tariff regime is probably going to get solved.
00:45:18.000He also says that the rates will likely be reduced sometime later this year.
00:45:24.000So that should provide the economy with some level of sanguinity here.
00:45:29.000A solid majority Of FOMC participants do expect that it will become appropriate later this year to begin to reduce rates again.
00:45:40.000And that will depend, though, as Christine just mentioned, on the incoming data.
00:45:44.000We'll be monitoring particularly what does show up in terms of inflation or what does not show up, and also carefully watching the labor market.
00:45:53.000We watch very carefully for signs of unexpected weakness.
00:45:58.000We see a gradual cooling, but we don't really see that yet.
00:46:01.000So those are the things we'll be watching.
00:46:02.000But as I mentioned, a majority of us do feel that will be appropriate in the remaining four meetings of the year to begin to reduce rates again.
00:46:09.000And now, with all that said, Jerome Powell says that he is going to withstand any pressure from Trump because that's the job of the Federal Reserve.
00:46:15.000You don't work for the presidents of the United States.
00:46:17.000Now, by the way, that's not horrible for Trump.
00:46:18.000I'm just going to point out that if it appeared that Powell was lowering the interest rates at Trump's behest, that would actually not be particularly good for the economy.
00:46:25.000It would then appear that President Trump is able to manipulate the currency.
00:46:29.000But Powell saying, actually, I'm going to stand up to President Trump when I think it's necessary, but also I am likely to lower the interest rates.
00:46:36.000That's probably the best available solution here.
00:46:39.000I'm very focused on just doing my job.
00:46:41.000I mean, the things that matter are using our tools to achieve the goals that Congress has given us, maximum employment, price stability, financial stability.
00:47:06.000Well, there are a few things I'm worried about.
00:47:08.000One, the dollar is off to a pretty poor start this year.
00:47:11.000According to the New York Times, the U.S. currency has weakened more than 10% over the past six months when compared with the basket of currencies from the country's major trading partners.
00:47:19.000The last time the dollar weakened so much at the start of the year was 1973, which was right after the United States had basically delinked the United States dollar with the price of gold.
00:47:28.000This time, of course, it is the aggressive tariff push and the fact that a lot of countries around the world who are starting to think maybe we shouldn't bank so much on the American economy.
00:47:38.000So, of course, the American dollar has been weakening.
00:47:40.000I asked our friends and sponsors over at Perplexity, what are the most important historic examples of the U.S. dollar weakening?
00:47:46.000How does the weak dollar threaten American economic strength?
00:47:49.000And as I mentioned a moment ago, obviously 1973, the end of the tying of the American dollar to the price of gold led to high inflation, oil shocks, underperformance of U.S. equities relative to international markets.
00:48:03.000Other examples include the early 2000s.
00:48:05.000The dollar weakened significantly throughout the mid-2000s because capital was flowing into emerging markets and commodities surged.
00:48:11.000The 2007, 2008 global financial crisis, the dollar weakened sharply.
00:48:16.000What are the impacts of a weak dollar?
00:48:18.000Well, investor confidence goes down because global trust in American assets makes it harder to attract foreign investment.
00:48:25.000It makes imports more expensive, which increased costs for consumers and businesses.
00:48:30.000It increased borrowing costs for the government because our dollar doesn't go as far.
00:48:37.000And of course, the global reserve status because if a bunch of banks don't use the dollar in their transactions anymore, there's less demand for the dollar.
00:48:45.000And that means that there are fewer people who are seeking to purchase dollars or to gain dollars or to buy bonds or to allow us to borrow.
00:48:55.000Initially, the dollar actually soared when Trump was reelected because a lot of investors in the stock market wanted to move into the dollar.
00:49:01.000Currency players thought he was pro-growth, pro-business.
00:49:04.000And then after the tariff announcement, things started to reverse themselves.
00:49:09.000It's possible that could reverse itself, but it needs to reverse itself because if the dollar stops being used, for example, as the world's reserve currency, that is a serious problem for our capacity to raise debt in the future.
00:49:19.000Beyond that, we could be looking at some historic labor market dislocations.
00:49:23.000And here I don't mean permanent unemployment rates of 20, 30%, but as AI gets more sophisticated, as robots get more sophisticated, you are likely to see job dislocation.
00:49:34.000Eventually, the market will settle itself out.
00:49:36.000People will learn to cooperate with the technology, become more productive because of the technology, find newer jobs that don't exist right now, having to do with these technologies.
00:49:45.000But whenever there's a major market move, there are serious labor dislocations, and that tends to lead to an upsurge in sort of revolutionary sentiment.
00:49:52.000This happened, obviously, at the beginning of the Industrial Revolution, and then it happened again in the 1920s and 30s.
00:49:58.000You're likely to see something similar happen now if AI hits the market en masse and starts to take away serious numbers of jobs.
00:50:08.000And by the way, it's not just going to be AI taking away white-collar jobs.
00:50:10.000Everybody right now is thinking about ChatGPT killing lawyers, for example, and getting rid of accountants.
00:50:15.000But robots are getting more and more sophisticated.
00:50:18.000Article in the Wall Street Journal today pointing out the automation of Amazon.com facilities is approaching a new milestone.
00:50:24.000There will soon be as many robots as humans.
00:50:27.000The e-commerce giant has deployed more than 1 million robots in its workplaces.
00:50:31.000That is the most it has ever had and near the count of human workers at the facilities.
00:50:35.000Company warehouses buzz with metallic arms plucking items from shelves and wheeled droids that motor around the floors ferrying the goods for packaging.
00:50:42.000In other corners, automated systems help sort the items, which other robots assist in packaging for shipments.
00:50:48.000Some 75% of Amazon's global deliveries are assisted in some way by robotics.
00:50:53.000I mean, imagine, how many Amazon drivers are there out there on the roads right now?
00:50:57.000When the automated cars are ready, all those people are going to be finding different jobs, presumably.
00:51:03.000Now, for some Amazon workers, this is great because you're not schlepping around giant boxes that wreck your back.
00:51:08.000Instead, you're sitting in front of a computer screen making the robot do that work for you.
00:51:13.000However, robots are, in fact, supplanting some of those employees.
00:51:17.000The average number of employees Amazon had per facility last year, 670, was the lowest recorded in the past 16 years, according to a Wall Street Journal analysis.
00:51:26.000So pretending that this is going to have no impact on job markets, no job dislocation is wrong.
00:51:31.000Now, that may come alongside brand new productivity numbers that make things better and cheaper, that make it possible for product to reach people in record time.
00:51:41.000And all that may be great, but dislocations do have consequences.
00:51:45.000And somebody's going to need to explain those consequences as they happen and make provision for those consequences at the communal level.
00:51:52.000Because again, change comes with adjustment periods.
00:51:55.000And those adjustment periods, if they're sudden enough, can really shake loose some nuts from The tree and those fall on everybody's head.
00:52:01.000Zara Mamdani just being an example of that in New York City.
00:52:04.000Meanwhile, President Trump yesterday headed on over to Alligator Alcatraz, which is a facility less than 50 miles west of the Trump Resort in Miami in the Florida Everglades.
00:52:20.000Workers have transformed the so-called Dade Collier Training and Transition Airport from an 11,000-foot runway into a temporary tent city that President Trump toured on Tuesday.
00:52:28.000It's going to house up to 5,000 migrants as they await deportation, officials are telling CNN.
00:52:33.000Florida Governor DeSantis said, we had a request from the federal government to do it.
00:52:39.000That is the nickname coined by his attorney general for the Everglades facility.
00:52:42.000Of course, again, we use alligators in a lot of our, we have like the alligator alley in Florida, which is a highway.
00:52:49.000So again, alligators, they play a large role in our Florida identity.
00:52:53.000DeSantis said, clearly, from a security perspective, if someone escapes, there's a lot of alligators you're going to have to contend with.
00:52:58.000No one's going anywhere once you do that.
00:52:59.000It's as safe and secure as you can be.
00:53:03.000But of course, immigration rights activists are very upset about this.
00:53:06.000One immigration advocate named Thomas Kennedy says this is all cruel and inhumane.
00:53:12.000When we talk about people as if they were vermin, the location, the manner in which it was done, and the language, right, the dehumanizing language employed by the authorities here, there's nothing about this facility, about this detention camp that is not cruel and inhumane.
00:53:30.000The fact that we're going to have 3,000 people detained in tents in the Everglades in the middle of the hot Florida summer during hurricane season, right?
00:53:41.000I mean, this is a bad idea all around that needs to be opposed and stopped.
00:53:47.000And so I'm just going to point out it's not cruel and inhumane at every level.
00:53:51.000There's water, sewage, power, there's air conditioning, portable units that are going to be used to cool the structures on the site.
00:53:57.000Again, the facility is both temporary and necessary because of the state's law enforcement agencies and jails being overcrowded thanks to the immigration crackdown.
00:54:08.000President Trump had some words about this.
00:54:10.000He said, listen, if they escape, then, you know, they'll have to run away from the alligators.
00:54:15.000With the alligator outbreak, it's the idea that if someone limits me, they just get eaten by an alligator or a snake or something.
00:54:49.000So while President Trump is doing that, his opponents are busily attempting to make it easier for people to escape detection if they are illegal immigrants.
00:54:58.000CNN actually put out an entire article on Monday touting an iPhone app called ICE Block, which again is designed to help avoid the immigration crackdown being pursued by ICE.
00:55:11.000It currently has more than 20,000 users, many of whom are in LA, where controversial large-scale deportation efforts have taken place.
00:55:18.000The newest app is designed to let users alert people nearby to sightings of ICE agents in their areas.
00:55:22.000An early warning system for users when ICE is operated nearby, according to its creators.
00:55:27.000Users can add a pin on the map showing where they spotted agents along with optional notes, like what officers were wearing or what kind of car they were driving.
00:55:33.000So it's a law-breaking app, essentially.
00:55:39.000This is a point that Tom Homan, the Borders Art, is making that CNN, Legacy Media, they're actively attempting to give people means to avoid law enforcement.
00:55:48.000And I just can't believe we're in a place where, you know, a TV network like CNN is talking about this app and educating people on the existence of this app.
00:55:57.000And I saw law enforcement officers, like I said earlier, they're concentrating on public safety threats and national security threats.
00:56:05.000And this app is going to give the bad guy heads up that we're coming, which means more bad guys are going to escape arrest, which makes this country less safe, which is a public safety issue.
00:56:16.000And on top of that, it's only a matter of time for a bad guy, which is like someone who threw a mile toff cocktail at officers in L.A., who the assault against ICE officers up over 500%.
00:56:27.000It's a matter of time for someone uses that but ambushes ICE officers.
00:56:42.000The fact legacy media continue to try to foster illegal immigration is pretty astonishing.
00:56:46.000Now, meanwhile, in Hollywood news, there is a Pixar movie that was just released called Elio.
00:56:53.000It has been an absolute box off his dud, like a complete gigantic failure.
00:56:58.000After two weekends in theaters, the $150 million film about a lonely boy who becomes a galactic ambassador for Earth has currently grossed $42 million domestic and only $72 million globally.
00:57:14.000Why did this thing absolutely self-destruct the box office?
00:57:19.000Fascinating piece over The Hollywood Reporter demonstrating how Go Woke Go broke.
00:57:24.000According to The Hollywood Reporter, those who worked at Pixar while its latest film release, Elio, was in production were delighted by footage they saw roughly two years ago.
00:57:32.000Among the moments cited as favorites by those at the animation studio at the time included a sequence in which the titular boy collected trash on the beach and turned it into homemade apparel that included a pink tank top.
00:57:43.000The movie's team would refer to Elio showing this off to a hermit crab as his trash-in show.
00:57:48.000But if you bought a ticket to Elio and don't remember seeing this, it's not that you chose the wrong time to refill your soda.
00:57:53.000According to multiple insiders who spoke to the Hollywood Reporter, Elio was initially portrayed as a queer-coded character, reflecting original director Adrian Molina's identity as an openly gay filmmaker.
00:58:04.000Other sources say Molina didn't intend the film to be a coming out story because the character is 11.
00:58:09.000Either way, this characterization gradually faded away throughout the production process as Elio became more masculine following feedback from leadership.
00:58:16.000Gone were not only direct examples of his passion for environmentalism and fashion, but also a scene in Elio's bedroom with pictures suggesting a male crush.
00:58:24.000Hints at the trash fashion remain in the released film.
00:58:28.000The boy wears a cape decorated with discarded cutlery and soda can tabs, although without any explanation for the unusual attire.
00:58:35.000Elio's turbulent ride began well before its calamitous nosedive at the box office during the June 20th to 22nd corridor.
00:58:42.000Indeed, the summer of 2023 became a fateful one for the animated film about a lonely boy beamed into outer space by an intergalactic organization after being misidentified as the leader of Earth.
00:58:53.000So apparently, the writing was first on the wall when the film conducted an early test screening in Arizona.
00:59:00.000Viewers said that they enjoyed the movie, but then they were asked how many of them would see it in the theater.
00:59:25.000Remember, Disney is the same company that had top executives claiming that they were mainlining gay propaganda into children's programming.
00:59:33.000I mean, it's kind of an astonishing thing, right?
00:59:35.000I mean, this is a movie that is made for young kids by a gay director, and it was a queer-coded 11-year-old in the film.
00:59:43.000Why in the world would a parent take their kid to see that?
00:59:46.000And Disney knew that was going to be a mistake.
00:59:48.000And so they changed it, but it was too late because it turns out that the artistic efforts that went into making this a queer-coded film could not simply be removed without apparently affecting the final product in some way, shape, or form.
01:00:01.000But it demonstrates the lengths to which people in the entertainment industry will go to hijack the brains of your children, to screw with your children's values and morality.
01:00:11.000When you take your kids to a Pixar movie, you are not expecting that Pixar movie to be an ode to coming out of the closet for small children.
01:00:22.000And yet Pixar decided to hand this off to somebody who wanted to make it that thing.
01:00:28.000And now, of course, all the gay pride groups are very upset.
01:00:31.000Former Pixar assistant editor Sarah Lagatich, who provided feedback during LEO production as a member of the company's internal LGBTQ plus minus divided by side group, Pix Pride, said, quote, I was deeply saddened and aggrieved by the changes that were made.
01:00:46.000Who cares if you are deeply saddened and aggrieved by the changes that were made?
01:00:50.000What makes you special that you get to be aggrieved by a story about a kid that should have nothing to do with sexuality?
01:00:57.000And you're mad because you didn't get to stack your LGBTQ plus minus values into the movie?
01:01:02.000The changes to Elio were clear to one former Pixar artist who worked on the film.
01:01:08.000Quote, it was pretty clear throughout the production of the first version that studio leaders were constantly sanding down these moments in the film that alluded to Elio's sexuality of being queer.
01:01:18.000Now, apparently, sources told the Hollywood reporter Molino was informed shortly thereafter that the new director who wrote and directed Pixar's 2020 short Burrow and was a storyboard artist on Turning Red and Elio would be elevated to director.
01:01:31.000Molino was given the opportunity to direct Elio alongside the new director, but after numerous notes and changes, he decided to leave the project.
01:01:40.000Suddenly, you remove this big key piece, which is all about identity, and Elio just becomes about totally nothing, says a former Pixar artist.
01:01:46.000The Elio that is in theaters right now is far worse than Adrian's best version of the original.
01:01:51.000Another Pixar staffer said the character was so cute and so much fun, had so much personality, and he feels much more generic to me.
01:02:00.000Now, again, there are people who worked on the film like America Ferreira, who left, apparently because she didn't like that Melina ended up essentially being fired.
01:02:11.000But it's demonstrative how insane, insane these Hollywood companies are, that they were willing to, just on faith, give people script control and get deep into the production process on a movie for children that was about a queer-coded 11-year-old.
01:02:29.000It definitely shows you where their heads are at.
01:02:32.000And as the box office is proving, if you decide to do this sort of thing, you are going to fail.
01:03:01.000And meanwhile, July 4th is coming up every day this week.
01:03:03.000We've been doing something to do with July 4th.
01:03:06.000Today, I want to talk about one of the myths of July 4th, which is that America is primarily a pure democracy, that the chief value of America is, in fact, democracy.
01:03:15.000Now, democracy is, of course, a value of America, a very key value in America, but the whole point of the Constitution of the United States is to set aside certain things that people do not get to vote on because they're too fundamental to be alienated through majority rule.
01:03:36.000Freedom of religion is not to be touched.
01:03:37.000And even if 55% of you, 60% of you wish to just encroach upon these fundamental principles, the answer is no.
01:03:46.000Majoritarianism is not the rule of the Constitution.
01:03:50.000It's what James Madison was writing about in Federalist 51 when he suggested checks and balances were necessary because the people cannot be trusted as a mob.
01:03:58.000No individual can be trusted with complete power and neither can a simple majority.
01:04:03.000You have to have checks and balances whereby everybody basically has to be on the same page in order to make a gigantic change.
01:04:12.000John Adams, many of the founders were deeply suspicious of this sort of Vox day, Vox Populi routine.
01:04:20.000John Adams wrote in 1814, remember, democracy never lasts long.
01:04:23.000It soon wastes, exhausts, and murders itself.
01:04:26.000There never was a democracy yet that did not commit suicide.
01:04:29.000And you see this historically, obviously.
01:04:31.000There are a wide variety of countries in the late 19th and early 20th century that ended up going fascist as a result of majoritarian rule and no constitutional safeguards against that sort of stuff.
01:04:46.000And the founders obviously were drawing on the work of Montesquieu, who spoke in the spirit of the laws about the necessity for interest counteracting interest, balancing power against power.
01:04:56.000This is why the Electoral College exists.
01:04:58.000This is why senators originally were not elected directly by the people.
01:05:01.000Originally, they were selected by the state legislatures of the various states because the idea was the more institutions who had their own interests represented at the federal governmental level fighting one another for power, the better the result was going to be, or more importantly, the less the government was going to be able to encroach on your fundamental liberties.
01:05:19.000Now, we've completely redone how government is done in the United States.
01:05:22.000A huge percentage of government is now done through the singular power of the executive branch, and that's a major problem.
01:05:27.000It's been a major problem before Trump.
01:05:30.000It did not start with President Trump by any stretch of the imagination.
01:05:33.000The entire vast administrative bureaucracy established in the early 20th century, vastly grown under FDR, and then vastly grown again under LBJ.
01:05:41.000All of that is a fundamental violation of what the founders wanted when they built the Constitution of the United States.
01:06:09.000You're a minority of one, and your interests matter.
01:06:12.000And if they can just be stepped on by a simple majority, then really you don't have any rights worth the paper that they are printed on.
01:06:18.000Alrighty, coming up, we'll bring you the latest on Middle Eastern negotiations.
01:06:21.000Prime Minister Benjamin Netanyahu of Israel is coming to the United States next week, and the Trump administration is making some major moves.