Bill Clinton and Barack Obama have decided to get involved in the Joe Biden campaign. Is this a good or bad move for the future of the Democratic Party? Is it better to go back to the center or go further to the left? And what will Joe Biden do if he does go further left than Bill Clinton did in the early years of his presidency? Alex Blumbergberg breaks it all down and explains why this is a bad move and why Hillary Clinton should have been in the running for president in 2016 and why Joe Biden should be the one to go in the other direction. It's not an easy choice, but it's a choice that could have a big impact on the 2020 Democratic primary race. And it's not a bad one to have a third party candidate in Joe Biden to run against Donald Trump in 2020. The question is, which one is going to be more likely to win in 2020? Joe Biden or Hillary Clinton? The answer to that question is not what you think you think it is, and it's much harder than you think and a lot more complicated than you realize. Tom and Alex break it down the difference between the two presidential candidates and explain why they should be in the 2020 race and why they both should run for the Democratic nomination. And how they should run against each other in 2020, and why it s better than they did in 2016 in this episode of Vice Presidential hopefuls and vice presidential candidates in the 2016 election. Learn more about Joe Biden and Hillary Clinton and Bill Clinton here at CNN s new book, "The Other Way" by Tom Steinemans, The Other People s Guide to the 2016 Democratic Nominee: Hillary Clinton's New York Times bestselling book, Hillary Clinton. by John Aviano by David Axelrod by Michael Bloomberg by Tom Frieden, The Devil in the White House? by Rachel Maddow, The Other Way by Julian Zelizer, The White House Correspondent, The Real Deal, and much more! by Ben Shapiro, The New York Magazine, and more. . by Alex Blume, The Daily Mail, The Weekly Standard, and The Huffington Post, and the New York Post, The Hill, The Atlantic, and other publications, by John Rocha, and by Tom Friedman, and many others! by The Daily Beast, and all the rest! and by The New Republic, and so much more.
00:00:00.000So, Joe Biden is in serious electoral trouble, as every Democrat knows at this point, in the current polling average from RealClearPolitics.
00:00:07.000Donald Trump is currently leading in every swing state.
00:00:09.000Donald Trump is currently leading in the national poll averages.
00:00:41.000So, Bill Clinton started off as a wild lefty.
00:00:44.000If you look at his governance in 1993, 1994, when he was pushing Hillarycare, he governed too far to the left, and then he got clocked in the 1994 congressional elections, and then he swiveled back to the center, and that's when you got welfare reform, that's when you got balanced budgets, that's when you got moderate third-way Bill Clinton, who ended up being a pretty popular president despite the Monica Lewinsky scandal by the time that he left office.
00:01:05.000On the other hand, Barack Obama took precisely the reverse trajectory.
00:01:11.000He ran in 2008 as a slightly left-leaning Republican.
00:01:15.000He suggested, for example, that he was against same-sex marriage.
00:01:18.000He talked a lot about American opportunity, about how he, in his very personage, was the embodiment of the American dream, how anyone could get ahead, how there were no red states, no blue states, just the United States.
00:01:29.000And then, by 2012, he had swiveled radically to the left.
00:01:32.000After he passed Obamacare in his first two years, just like Hillarycare was attempted in 1993-1994, when Barack Obama passed Obamacare and the American public didn't like it and clocked him in the 2010 election, instead of swiveling back to the center the way that Bill Clinton did, he instead swiveled hard to his left.
00:01:49.000Of major significance between 2010 and 2016.
00:01:52.000There were no major acts that he was able to pass between 2010 and 2016, as opposed to Bill Clinton, who actually cut deals with Republicans, came to some sort of conciliation with people he hated like Newt Gingrich.
00:02:05.000Bill Clinton swiveled back to where the American public wanted him to be.
00:02:13.000Bill Clinton won re-election on the strength of swiveling back to the center.
00:02:17.000And Barack Obama won re-election on the basis of fragmenting the American body politic and then attempting to cobble together a coalition of supposed victims plus white liberal women in order to defeat a milquetoast Republican candidate in Mitt Romney.
00:02:29.000So these are two very different strategies.
00:02:31.000When you say that Bill Clinton and Barack Obama are now in Joe Biden's ear, the question is which one Joe Biden is going to follow.
00:02:38.000If Joe Biden were to follow the strategy of Bill Clinton, he would swivel back to the center.
00:02:43.000He would, for example, be stronger on foreign policy with regard to Israel, with regard to Russia.
00:02:49.000He would, for example, stop talking about transing the children.
00:02:52.000He would, for example, close the border.
00:02:55.000He would take a bunch of actions that are right within the immediate domain of his presidency,
00:03:00.000and he would start to swivel to the center, and he'd go after moderates and independents.
00:03:04.000If, however, he were to follow Barack Obama, he would double down on the far left crazy,
00:03:08.000and he would continue to cater to the most radical members of his base.
00:03:12.000Now, one thing that has happened in the Democratic Party is obviously Bill Clinton is no longer viewed
00:03:18.000with the same sort of magic with which he was once viewed.
00:03:21.000If you go back to the mid-2000s, Bill Clinton was the model Democrat.
00:03:25.000Bill Clinton was the guy they all looked up to because he was the last Democratic President.
00:03:28.000But then Barack Obama came along and his star power just outweighed Clinton's by miles.
00:03:33.000Suddenly, Barack Obama was the model Democratic President, a historically amazing figure despite the fact that he had a historically bad presidency.
00:03:41.000Bill Clinton was relegated to second-tier status.
00:03:44.000And so it seems quite likely that Joe Biden, despite the fact that Joe Biden is much more like Bill Clinton in terms of his own personal political inclinations, he tends to follow wherever the wind blows, whereas Barack Obama is a true believer left-wing Democrat.
00:03:58.000Because Joe Biden believes in the magic of Barack Obama.
00:04:01.000After all, it was Barack Obama who made him president by making him vice president.
00:04:04.000Because of that, it is very likely that Joe Biden is going to follow Barack Obama down that primrose path.
00:04:19.000Bill Clinton is a fairly traditional Democratic Southern politician who is capable of shifting and moving his policies based on what the American people wanted.
00:04:26.000Barack Obama was a uniquely charismatic figure with a unique draw for specific segments of the voting population.
00:04:35.000So in other words, if Joe Biden follows Barack Obama, he's a fool.
00:04:38.000If he follows Bill Clinton, that would be quite smart.
00:04:40.000If he follows James Carville, that would be smart.
00:04:42.000If instead, he decides that he is going to follow We'll get to more on this in just one second.
00:04:51.000First, despite the anticipated rate cuts by financial experts, inflation continues to go up.
00:04:55.000The United States is grappling with a staggering debt, $34 trillion and counting, but we continue to print more money, driving up the prices of everyday essentials even further.
00:05:04.000You can bury your head in the sand, or you can do something about it.
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00:05:20.000Precious metals have a proven track record over, you know, thousands of years.
00:05:23.000These metals transcend government influence.
00:05:54.000According to the New York Times, however, Barack Obama is now in Joe Biden's ear all the time.
00:05:58.000Quote, So it's not even, by the way, that Barack Obama is calling Joe Biden and getting Biden to shift strategy.
00:06:01.000of Barack Obama to catch up on the race or to talk about family. But Mr. Obama is making calls of his
00:06:06.000own to Jeffrey Zients, the White House chief of staff, and to top aides of the Biden campaign
00:06:10.000to strategize and relay advice. So it's not even, by the way, that Barack Obama is calling Joe Biden
00:06:14.000and getting Biden to shift strategy. Barack Obama is actively taking control of Joe Biden's campaign.
00:06:19.000This is the problem when you take all of Barack Obama's old staffers and then you just dump them
00:06:23.000into the new administration for term three of the Obama administration.
00:06:28.000Barack Obama, by the way, at one point actually said this is what he wanted.
00:06:31.000Barack Obama literally went on national TV and when asked if he would ever consider running again if there had been no constitutional provision against it, he said, what I'd love best is to basically run a presidency without actually being president.
00:06:41.000Well, the easiest way to do that is to staff up the Biden administration with all your friends and family members and then call them up behind the scenes and tell them exactly what to do.
00:06:49.000Apparently, that is exactly what Barack Obama is doing right now.
00:06:51.000Barack Obama is the most dangerous political figure in American politics of my lifetime because he was able to masquerade as a moderate unifier while actually being a deeply divisive, racially divisive figure by 2012.
00:07:05.000As the New York Times says, this level of engagement illustrates Mr. Obama's support for Mr. Biden, but also what one of his senior aides characterized as Mr. Obama's grave concern that Biden could lose to former President Trump.
00:07:14.000The aide, who is not authorized to speak publicly, said that Obama has always been worried about a Biden loss.
00:07:18.000And so, the aide added, he is prepared to eke it out alongside his former vice president in an election that could gum down to slim margins in a handful of states.
00:07:27.000Perhaps for the first time, according to the New York Times, the two are on the same page about Biden's future and a sign of things to come.
00:07:32.000They are to appear together with former President Bill Clinton at a major fundraiser for the Biden campaign at Radio City Music Hall in New York on Thursday.
00:07:39.000Now, again, who Biden appears with is really not particularly important.
00:07:44.000Political popularity is non-transferable.
00:07:46.000If Donald Trump stands next to an unpopular Republican in a particular state, it does not mean that that unpopular Republican is now going to win, because Trump's popularity is not automatically transferable to that unpopular Republican.
00:07:59.000If Barack Obama stands next to Joe Biden, it's not like black voters are suddenly going to go, oh my god, now I love Joe Biden.
00:08:05.000The real question again is which strategy Joe Biden is going to follow.
00:08:08.000The Barack Obama strategy or the Bill Clinton strategy?
00:08:12.000Karine Jean-Pierre yesterday was asked about Obama and Clinton campaigning with Biden and how much weakness that shows, which of course is obvious.
00:08:19.000If you have to find the last two Democratic presidents to campaign alongside you and hold up your arms like Moses in the battle with Amalek, Then you got a problem on your hands.
00:08:28.000Joe Biden is not capable of winning this election on his own.
00:08:30.000He's got to call in the other guys who, by the way, are still younger than he is.
00:09:04.000Does he pander to his radical wing, or does he move toward his moderate wing?
00:09:08.000He continues to evidence that he wishes to pander to his radical wing, which is a very, very bad decision.
00:09:13.000So, for example, this was two days ago.
00:09:15.000He's giving a speech, and the pro-Hamas protesters are doing what they usually do.
00:09:18.000They show up at his speeches and start screaming at him in bleep-bloony voices about how he needs to support Hamas and stop Israel from finishing off Hamas in the Gaza Strip.
00:09:27.000And instead of Joe Biden either ignoring them Or saying, you're immature and you don't know what you're talking about.
00:09:35.000Which again, this is the sign of a campaign in full-scale desperation.
00:09:40.000Because these quote-unquote young progressive voters are incredibly low propensity voters.
00:09:43.000Many of them will not show up to vote.
00:09:45.000And when you decide that you're going to reach out to those people at the expense of the broad swath of the American public that supports Israel as opposed to protesters like this, you are making a category error.
00:10:43.000And then you get the progressive base cheering him.
00:10:45.000We need to get a lot more care into Gaza.
00:10:47.000Again, why is he elevating that issue?
00:10:49.000By every poll, Americans actually, they have feelings about what's going on between Israel and Gaza.
00:10:55.000But by virtually every poll, this is not even remotely a top priority for Americans.
00:10:58.000It's not like for Democrats, it's not a top priority.
00:11:00.000For independents, it's not a top priority.
00:11:01.000For Republicans, it's not a top priority.
00:11:03.000This is a foreign conflict that involves zero American troops.
00:11:07.000Involves less American military and financial involvement than what's going on in Ukraine right now.
00:11:11.000But Biden has elevated that issue specifically in order to appeal to the progressive base, which is a dumb political move because the progressive base does not like him.
00:11:20.000Many of them are not going to show up to vote anyway.
00:11:22.000Plus, they're crazy and it's morally wrong.
00:11:26.000Well, the crazy progressive base story of the day comes courtesy of Vanderbilt University.
00:11:30.000Now, I do have to point out here that there is something unique that is going on on the progressive left.
00:11:35.000The issue of what's going on with the Palestinians in Hamas has become the issue.
00:11:40.000I mentioned before the total insanity and the danger to the West in the quote-unquote queers for Palestine movement, the far left that is in favor of a genocidal terror group in Hamas.
00:11:50.000That seeks to wipe every Jew off the planet, has committed vast acts of sexual abuse, kills gay people, and wishes to impose Sharia law.
00:11:58.000And you say to yourself as a rational person, why would they do that?
00:12:01.000That supposedly disagrees with all of their sentiments.
00:12:03.000And the reason they do this is because they literally hate the entire Western system.
00:12:08.000And so they are allied with anyone else who hates the Western system.
00:12:12.000It is an alliance of ideological convenience.
00:12:14.000Anyone who hates the Western systems, Western meritocracies, Western traditional values, anybody who hates those things, they are in favor of.
00:12:22.000And the worse those people are, the more they are in favor of those people.
00:12:26.000And this is why what's going on between Israel and Gaza, between Israel and Hamas, more specifically, why that has become such a litmus test for the far left.
00:12:35.000Because they are willing to tolerate literally the worst people on the planet.
00:12:38.000They're willing to back and support literally the worst people on the planet who would kill them if they had a chance.
00:12:44.000They're willing to support those people because it shows fealty.
00:12:48.000It seems crazy, but the crazier it is, the more fealty you are showing to the movement that wishes to destroy the West.
00:12:54.000If you are truly in favor of a mission to destroy the West, and you believe Western values are really bad, and you believe America is really bad and a nefarious force on the world stage, Then the reason that you're allying with specifically these people is because they are the worst, not in spite of the fact they're the worst, because they are the worst.
00:13:09.000For a lot of these folks, it's like joining a cult.
00:13:11.000You have to do the craziest thing possible to show fealty to the cult.
00:13:15.000Well, the craziest thing possible is to support Hamas in this particular battle.
00:13:18.000We'll get to more on this in a moment.
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00:14:35.000You're talking about 18, 19, 20-year-old people who are complete dolts, who have no moral center whatsoever.
00:14:42.000Well, a wave of undergrad students rushed Kirkland Hall, which is where the Vanderbilt Chancellor's Office is located, according to Susie Weiss writing for the Free Press.
00:14:49.000And they began a sit-in, a response to the college administration shutting down a student government vote over whether the school should divest funds from Israel.
00:14:57.000Which, again, the school should not divest funds from Israel.
00:14:59.000It's always amazing to me that all these people are calling for divestment from Israel, but not from, say, Iran.
00:15:05.000Or, say, from Russia over the Ukraine war.
00:15:07.000Or from China, which is currently engaged in the persecution of a million Uyghurs.
00:15:11.000I don't care about any of that, because, again, all of those states happen to be anti-American.
00:15:16.000They care about the state that's pro-America.
00:15:18.000In any case, these protesters stick around for 25 and a half hours, and then police started removing and arresting some of the students for trespass.
00:15:27.000So the craziest moment here comes courtesy of one of these students who literally called 911.
00:15:42.000Specifically, she was quote, being denied the right to change her tampon that has been in for multiple hours, which leads to an increased risk of toxic shock syndrome.
00:15:52.000And the 9-1-1 operator was like, ma'am, do you have an emergency?
00:15:56.000And the student said they wanted medical assistance, and the 9-1-1 operator was like, well, I mean, do you need an ambulance?
00:16:03.000And the student is like, well, no, we don't need an ambulance, we need a tampon.
00:16:08.000So you went to a protest, and you didn't bring a pad, you brought a tampon, and now this is a 9-1-1 call, because you're all fragile snowflake morons with perverse senses of morality.
00:16:18.000And somehow, the First Amendment owes you a tampon because you were too stupid to bring a replacement.
00:16:24.000In another one of the videos, one of the protesters approaches the police and the administrator, demanding to know what will happen to her friend should she leave the sit-in to change the tampon in question.
00:16:33.000And the officers say that she won't be arrested if she leaves the building.
00:16:36.000But this protester is like, but then will she be arrested ever?
00:17:49.000You didn't say she could stay in her room, though.
00:17:53.000These cowering, pathetic administrators and the cops who are standing there, the renter cops who are standing there, they should arrest these people for trespass.
00:17:59.000Now, they're violating the rules in Vanderbilt.
00:18:01.000And instead, they're catering to them.
00:18:03.000And this is the entire older generation of Democrats right now.
00:18:05.000They have decided to cater to the whims of a group of childish idiots.
00:18:12.000Joe Biden is doing this at the presidential level.
00:18:13.000College administrators are doing this at the college level.
00:18:16.000A bunch of weak-minded dolts are being led by another bunch of weak-minded adults who happen to also be young people who believe whatever they see on TikTok.
00:18:27.000Joe Biden, remember, was supposed to be the adult in the room.
00:18:28.000The people at Vandy are supposed to be the adults in the room.
00:18:45.000Again, to go back to the Bill Clinton vs. Barack Obama model, in 1992, Bill Clinton is running for president, and there is a speaker named Sista Soulja, and Sista Soulja says some truly racist things about white people, and Bill Clinton, running for president, has what they call a Sista Soulja moment.
00:19:02.000It's literally named after this moment when he calls out what she is doing and he says, she is being racist.
00:19:07.000And this was considered an act of bravery because he was saying that, yes, it is possible for a black radical to actually be racist against white people and you shouldn't use the kind of language she's using.
00:19:16.000And there's a big win for him in the Democratic primaries and in the general election in 1992.
00:20:07.000We're tearing ourselves apart by elevating crazy.
00:20:10.000Now, I think there's a reason why we are elevating crazy to this extent in the end.
00:20:15.000And I think the real reason why we're elevating crazy across the aisle is because we don't have a centralizing set of values.
00:20:19.000It used to be that the older generation would say to the younger generation, guys, you're morons.
00:20:22.000You don't know what you're talking about.
00:20:24.000Let me give you some time-tested wisdom.
00:20:26.000As Thomas Sowell has talked about in the realm of economics, but it's true across all branches of knowledge, there are a few ways that you gather data that is useful in your life.
00:20:38.000But even controlled studies are not gonna be as good as time-tested wisdom used over the course of centuries.
00:20:43.000This is why it is very important to transmit culture and rules and values to your kids.
00:20:48.000This is why religion has traditionally been an extremely useful preserve of actually maintaining cultural and systemic health.
00:20:56.000Because when I teach my kids the rules and I say that God says you should do X, Y, and Z, I'm not just saying that God says you should do X, Y, and Z because I read the Bible this morning.
00:21:05.000I'm saying that God says do X, Y, and Z because I have a transmitted history of cultural utility that is thousands of years long, that these rules have worked over the course of thousands of years, and I'm transmitting it to you.
00:21:17.000And the proof of the godliness of the rules on a utilitarian level is that they work.
00:21:22.000The rules are useful, and thus it's pretty good proof that if God said them, he was right.
00:21:28.000And even on a utilitarian level, if God didn't say them, he was still right, is sort of the idea.
00:21:34.000But as religion has declined, as people are afraid, as parents are afraid of inculcating values in their kids, you got a problem.
00:21:40.000We'll get to more on this in just a second.
00:21:42.000First, for many people worldwide, the question of where their next meal will come from is a constant pressing concern.
00:21:47.000Beyond the staggering statistics about food insecurity, there are individual stories, like Brandon's.
00:21:52.000Little Brandon and his family, they live in a rural city in Guatemala.
00:21:54.000His mother tries to care for him and his little brother as best she can.
00:22:01.000For too many moms and fathers, there are no safety nets to be found.
00:22:04.000There's little help from neighbors, social programs, or even their government.
00:22:07.000When these children get sick from hunger, their bodies become weak.
00:22:09.000Something as simple as a cold could be devastating.
00:22:11.000When you donate to Food for the Poor, you're not just giving.
00:22:14.000You're becoming part of a powerful collective effort.
00:22:16.000It's a shared responsibility to ensure that no kid goes to bed hungry.
00:22:19.000Every dollar you give has a direct impact on children like Brandon.
00:22:22.000It translates into meals, nourishment, a chance for a better tomorrow.
00:22:25.000Thanks to a meal-for-meal match, a donation of 80 bucks can feed two children like Brandon for an entire year.
00:22:30.000Donate right now by texting Ben Shapiro to 51555 or by visiting foodforthepoor.org slash benshapiro.
00:22:38.000That's texting Ben Shapiro, Do you owe back taxes or still have unfiled tax returns?
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00:23:46.000Now, there are some critiques that have been made of classical liberalism along these lines, and those critiques are somewhat well-founded.
00:23:53.000There are a lot of people, conservatives, who are out there saying that classical liberalism, which suggests freedom of speech, freedom of religion, all these sorts of ideas, that the problem with that is that it can lead quickly to moral relativism if there is no centralizing, coherent set of values we all share.
00:24:44.000Any set of freedoms has to exist within a set of broader rules.
00:24:48.000Think about any game that you're playing.
00:24:51.000If you're playing chess, you have the freedom to make any move that is within the rules on the board.
00:24:55.000If you just upturn the chessboard, that is not liberalism anymore.
00:24:59.000Now what you have done is you have taken the freedoms and you have extended them into a realm that defeats the freedoms and destroys the freedoms.
00:25:05.000There has to be a shared set of rules and parameters in order for any of this to uphold.
00:25:10.000Okay, well, what has happened in our culture is that religion and religious values, Judeo-Christian, Biblical values, these used to be the shared basis for our culture, and then we could share a lot of freedom within those broad parameters.
00:25:20.000But as Judeo-Christian values have devolved, as they've fallen apart, as fewer people go to church, as fewer people go to synagogue, as fewer people go to a church or synagogue that actually teaches the Bible, and there's still people who are going to church or synagogue, and those synagogues and churches are just teaching the church of Karl Marx or the church of John Dewey or the church of FDR or the church of Barack Obama or the church of Joe Biden, As that has happened, religion has declined.
00:25:43.000And as that happens, you let in the crazies.
00:25:45.000Because once there's no shared set of parameters, then any conspiracy theory at all gets through the door.
00:25:51.000I was thinking about this a lot this week, in the context of what's going on with just, it seems like every conspiracy theory is now being given a hearing.
00:25:59.000The only reason that conspiracy theories end up gaining a lot of traction is when there is institutional distrust.
00:26:04.000And that institutional distrust has certainly been earned by, for example, the legacy media or the scientific community, which promotes absolute lies on a fairly regular basis because they have a set of values and narratives that override the facts.
00:26:18.000And the converse of that is that people aren't going to trust anything that you have to say.
00:26:22.000When the government, it turns out, is incompetent at many, many things, and also involves itself in your life in many, many things.
00:26:28.000You're going to have institutional distrust for the government, and anything the government says, you are now not going to believe.
00:26:34.000The big check on this used to be godly values.
00:26:38.000It used to be going out and touching grass, being with some real people and discussing what's rational and true.
00:26:44.000But as sources of truth decline, and the biggest source of truth of all, of course, is religion.
00:26:49.000As those sources of truth and values decline, what fills the gap is a necessity to explain the world around you.
00:26:54.000People want to explain the world around them.
00:26:56.000And they have a bunch of tools, historically, that they've used to explain the world around them.
00:27:01.000One of those tools, the most important tool, is the tool of biblical religion in the West.
00:27:06.000The tool of the idea that there is a God who stands above the creation of the universe, and there is a logic to his universe, and there is a set of moral rules that guide you through that universe.
00:27:16.000That is the basic religious principle of all biblical living.
00:27:21.000As that declines, people see a disconnected set of events and they immediately search for some sort of explanation for that disconnected set of events.
00:27:28.000Many people find that in slavish adherence to a political party.
00:27:31.000Okay, there's a political narrative and that political narrative is now going to be framed onto reality to explain everything.
00:27:38.000We'll have a monocausal explanation of everything.
00:27:52.000Really, underneath, it's a reflection of the deprivations of capitalism.
00:27:57.000And then you have right-wing explanations that are similarly all-encompassing, that anything bad that's happening in the world must be the result of a cadre of evil elites who are sitting there and planning everything out.
00:28:12.000That'd be sort of the far-right equivalent.
00:28:15.000This is why conspiracy theories thrive, because when institutional trust declines, and when biblical values, which was the ultimate explanation for everything, when that declines, there's nothing to fill the gap except for constant conspiratorialism.
00:28:26.000And it's why there is this now, this new push to explain everything through conspiracy.
00:28:32.000Because the world's a puzzling place and you need an explanation.
00:28:35.000And the easy explanation is to make one up in your own head about how there is a group of people in a back room somewhere who are manipulating all the systems.
00:28:41.000It can't just be that life is totally chaotic and that there are a lot of people who are morons out there doing stupid crap.
00:28:52.000When there's a bridge collapse in Baltimore, You end up with the left making the claim that it has something to do with dirty fuel, and you have the right making the claim that it has something to do with DEI, and I don't know, because I don't know the facts yet.
00:29:02.000The facts are still coming out, and when the facts come out, then we'll know exactly why that happened.
00:29:06.000We'll get to more on this in a moment.
00:29:07.000First, $20, that barely gets you anything these days.
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00:29:13.000Well, from the cell phone company I use, PureTalk, you can get unlimited talk, text, and plenty of 5G data for just $20 a month.
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00:29:37.000customer service team can help you join PeerTalk in as little as 10 minutes.
00:29:41.000Choose to spend your hard-earned money with a wireless company that shares your values, supports our military and veterans, creates American jobs, and refuses to advertise on, you know, the fake news networks.
00:29:49.000Stop spending a ridiculous amount of money on your phone plan.
00:30:13.000And it's fairly obvious that when a fairly prominent person goes missing, it's probably a health problem.
00:30:16.000And instead, you get just tons of conspiracy theories on all sides of the aisle.
00:30:19.000And then, when Princess Kate comes out and says, I just had to have chemotherapy for cancer, a new slate of conspiracy theories arises.
00:30:27.000According to the Washington Post, users on TikTokX and Facebook shared videos pointing out alleged AI breadcrumbs in her latest video, such as a ring disappearing and reappearing on Catherine's hand.
00:30:36.000Others said her hair moves unnaturally, or that the bed of daffodils in the background is suspiciously still.
00:30:42.000The tendency of our society right now to buy into nearly every conspiracy theory and to give it all a hearing without just saying, nope, that sounds stupid, is a reflection of the complete decentralization of values.
00:30:55.000Because now you'll be willing to hear pretty much anything.
00:30:57.000Is the CIA behind everything that you see and hear?
00:31:00.000Is it possible that the moon landing never happened?
00:31:03.000Is it possible that there's a cadre of sick people in perverse industries who are all working together behind the scenes because of their race or religion?
00:31:11.000These kinds of conspiracy theories are arising because of the vacuum of values.
00:31:15.000That vacuum of values Is almost solely due to the decline of religion.
00:31:20.000The decline of religious life in America is the single worst thing that's happened to the United States since about 1950.
00:31:26.000All the institutions, the secular institutions that were supposed to fill that gap failed because of course they were going to fail.
00:31:32.000Because no secular rationale can fill the explanation that God plays in our lives.
00:31:38.000And so what you end up with is a bunch of fools running around suggesting their own supposedly plausible explanations for what is happening.
00:31:46.000And again, this is why the ultimate explanation, the most self-serving conspiracy theory of all, and the one that has arisen on all sides of the political aisle, is a sense of victimization.
00:31:57.000Because when you feel that the world around you is chaotic and confused and discombobulated, when you feel that, you feel like a victim.
00:32:04.000And then you look for an explanation as to why your failures are not your own fault.
00:32:08.000And it must be because there's someone who's stopping you from succeeding.
00:32:11.000And the hardest thing to understand in the world when you are failing is that maybe it is your fault.
00:32:17.000Maybe you do need to change the things that you're doing in your life.
00:32:19.000This is true, by the way, for 90% of human problems.
00:32:24.000There are certainly places in the world where tyranny abides.
00:32:27.000That is not true in the United States of America.
00:32:29.00090% of people's problems are generally solvable by them and by the community in which they live.
00:32:36.000And this attempt by politicians always have a stake in engaging in the conspiracy theory because the beauty of being engaged in a conspiracy theory is that the prophet is the person who promulgates it.
00:32:46.000The person who promulgates the conspiracy theory is the person that you're supposed to listen to because they will guide you forward.
00:33:03.000They'll come back from outside the cave, and they will lead you back toward the light.
00:33:06.000They never lead you toward the light, by the way.
00:33:08.000Because every failure can now be attributed to that same conspiracy.
00:33:11.000If they fail to lead you to it, if your life does not get better, if you buy into their conspiracy theory and your life still does not get better and you give them power and your life still does not get better, they just say that's because the conspiracy is so damned powerful there's no way they can overcome it.
00:33:23.000This is the danger of conspiratorial thinking and it is filling up every cup that has been left empty by God and religion and community.
00:33:31.000It's filling up all the political cups right now.
00:33:34.000The left-wing brand is, of course, what Joe Biden is doing right now by suggesting that the system is rigged against a wide variety of people.
00:33:42.000But it's also happening on the right, where the suggestion is, without evidence in many cases, that the system is rigged.
00:33:48.000There are situations in the United States where the system is rigged, but you can tell what they are not because someone posits a conspiracy theory without any evidence whatsoever, just spitting out dumb conspiracy theories, but because people say it and they do it.
00:34:01.000It is not a conspiracy theory, for example, to suggest that Asians are being discriminated against on college campuses.
00:34:19.000It is a conspiracy theory that there is a cadre of powerful people who are manipulating the music industry so as to hide their own devilish hand.
00:34:30.000That's a conspiracy theory because you don't have any evidence for it.
00:34:47.000Maybe it's too easy in this day and age to jump immediately to some sort of narrative that explains why you're a victim of the society in which you live, in the freest, most prosperous society in the history of humanity.
00:34:57.000But that's not gonna lead you to a happy life, and it's not gonna lead America to a happier place.
00:35:00.000In just one second, we'll get to Joe Biden's economy.
00:35:03.000They're trying to wish-cast themselves into a polling victory.
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00:36:12.000Meanwhile, the Biden administration trying to wish cast itself to victory.
00:36:15.000So they're appealing to the far left of their own base.
00:36:17.000And then they're also trying to wish cast themselves to victory.
00:36:19.000So Janet Yellen is trying to convince Americans that they really feel good about the economy.
00:36:23.000She's using the old Jedi mind trick here.
00:36:25.000I mean, I don't know if that applies among hobbits, but here she is attempting it.
00:36:31.000What I want Americans to see is how successful the president's agenda, which is not just a short-term agenda, but a medium and longer-term agenda that is designed to create good jobs in parts of the country that in many ways have been left behind and making us more secure and bringing down costs for Americans.
00:37:01.000Well, there's only one problem, which is that they have not actually been all that successful.
00:37:05.000According to the Federal Reserve Governor, Chris Waller, he said on Wednesday night, he's in no hurry to cut interest rates after hotter inflation data in the first two months of the year.
00:37:12.000So there's no rush to cut the policy, right?
00:37:14.000He said, the recent data tells me it is prudent to hold this rate at its current restrictive stance, perhaps for longer than previously thought, to help keep inflation on a sustainable trajectory toward 2%.
00:37:31.000And he pledges higher taxes and more spending.
00:37:35.000And by the way, again, one of the stupidities of American politics is that you're not allowed to talk about the actual issues in American politics lest you offend somebody.
00:37:42.000One of the biggest actual issues is, of course, the retirement age.
00:37:45.000Got myself in big hot water a couple of weeks ago because I said, hey guys, the retirement age in the United States should not be 62, it should not be 65, and it should not be 67 when it comes to publicly funded retirement.
00:38:21.000So, Senator Bill Cassidy of Louisiana told Yellen, I'll note there's already been $4.9 trillion in new taxes proposed for those making over 400 grand a year.
00:38:49.000What exactly would those principles be?
00:38:51.000The principles are that you can't do anything with it and you're going to kick the can down the road until Social Security goes completely bankrupt, at which point you will slash the benefits and blame whoever's in power.
00:38:59.000That is the way this is likely going to go and everyone knows it.
00:39:13.000Now, they're hoping, against hope, that basically the way out of this dilemma is just a massively booming American economy.
00:39:20.000And despite the fact that we are reproducing at 1.6 as opposed to the 2.1 necessary in order to even sustain a demographic curve, That this will all be fixed by AI.
00:39:30.000According to Axios, over the last 15 years, weak capital investment in rich countries has held back productivity growth.
00:39:37.000The pathway to higher incomes and standards of living rests on economies finding ways to deploy their labor forces more productively.
00:39:43.000Productivity growth has been weak in the United States and Western Europe since 2008, but things look better among many emerging markets.
00:39:50.000Right now, authors from McKinsey are optimistic a confluence of factors will make the years ahead different.
00:39:56.000They say that there is new global demand, and countries experiencing labor shortages, and they're hoping that AI is going to fix all the problems.
00:40:03.000Well, maybe AI fixes all the problems, or maybe AI creates a bunch of new sets of problems.
00:40:07.000I tend to be optimistic about the power of AI.
00:40:09.000I mean, it's just unbelievable what the AI can do.
00:40:11.000If you've checked ChatGPT lately, they've fixed, like, nearly all the bugs that originally were disturbing about ChatGPT.
00:40:20.000With that said, is that going to solve the economic malaise?
00:40:23.000The lack of innovation that exists outside a peculiar strain in Silicon Valley?
00:41:43.000It actually is a place where the federal government and interventionist federal government Under Joe Biden, he could theoretically get a political win out of this.
00:41:49.000He could say, listen, I've been talking about infrastructure spending for years at this point.
00:41:53.000We need to go and rebuild this thing as fast as humanly possible.
00:41:55.000And I'm here to say that that's exactly what we're going to do.
00:42:12.000Obviously we want to do it when it is the appropriate time on the ground.
00:42:16.000We're going to continue to have conversations with obviously local officials on the ground to get To get a sense of what their needs are, but we want to make sure that we do not disrupt their efforts.
00:42:29.000You just heard from the Secretary and Vice Admiral, this is a major, major undertaking and so we don't want to get in the way.
00:42:36.000But you heard from the President, he wants to get there as quickly as he can.
00:42:41.000Well, I mean, as quickly as you can be like in a car right now, like going to the to the bridge.
00:42:45.000That's like that's that's what he would be doing.
00:42:47.000But Joe Biden is not a problem solver.
00:42:49.000He's a problem creator, which is presumably why the Biden administration is still suing the state of Texas to prevent them from taking measures to close America's southern border.
00:42:56.000Again, we have an episode of Divided States of Biden is up right now about the fentanyl crisis.
00:43:01.000That is, in fact, a border crisis, as I spoke to President Trump about.
00:43:05.000The border, the fentanyl crisis, one in the same.
00:43:08.000Well now, a panel of federal appellate court judges late on Tuesday continued to block Texas from arresting and jailing migrants under state immigration law SB4, keeping a hold on the measure while it weighs its legality.
00:43:18.000In a two-month decision, the Fifth Circuit Court of Appeals denied Texas' request to suspend the lower court order that found SB4 unconstitutional and in conflict with federal immigration laws.
00:43:28.000Now, again, basically the case the federal government is making is we are occupying the area on immigration.
00:43:33.000Therefore, states cannot legislate on immigration.
00:43:35.000Also, we're not going to do anything about immigration, which seems like a fundamental dereliction of duty on the part of the federal government under Joe Biden.
00:43:43.000Ford creates state crimes for entering or re-entering the state from Mexico outside an official port of entry.
00:43:48.000Those actions are already illegal under federal law.
00:43:50.000Law enforcement officials at the state, county, and local level would be authorized to stop, jail, and prosecute migrants suspected of violating these new criminal statutes.
00:43:57.000It would also allow state judges to order migrants to return to Mexico as an alternative to continuing their prosecution.
00:44:03.000The Biden administration, for its part, is suing to stop that because they like the open border, apparently.
00:44:08.000And just another indicator of how poorly thought out and run this presidency is, and how inhot to their left wing they are, because there really is no practical reason why you would not just reinstall the remain-in-Mexico policy that Donald Trump had already negotiated with Mexico, or change border patrol policy such that if you arrive and you do not have any sort of serious asylum claim, we can't just reject you and send you back across the border.
00:44:31.000Instead, the Biden administration is facilitating illegal entry.
00:44:34.000They're leaving the border wide open to extraordinary amounts of fentanyl crossing that's on the border.
00:44:39.000I know because I've been down there and I've looked at it.
00:44:42.000That was episode one of Divided States of Biden.
00:44:44.000You should go check out both episodes if you want to understand what's going on with fentanyl and the border.
00:44:49.000Well, meanwhile, the media piranhas over at MSNBC and NBC News have decided that it's not enough for them to have rejected Ronna McDaniel as a contributor to the network.
00:44:59.000Now they have to get whoever even asked her to be at the network fired.
00:45:03.000According to the Washington Post, they say that MSNBC President Rashida Jones participated in recruiting RNC Chair Ronna McDaniel earlier this month, and McDaniel was offered a more lucrative contributor contract after she agreed to appear on MSNBC and not just NBC News.
00:45:16.000Obviously, this investigation is the predicate to the firing of Rashida Jones.
00:45:19.000Anyone who deigned to talk to the former RNC chair, had to be fired.
00:45:23.000Now, again, I've had this experience myself.
00:45:25.000Just last year, I wrote a newsletter for Politico, and everyone lost their damned minds at Politico.
00:45:31.000They had to have these full-scale, 100-person editorial calls, struggle sessions, where they were ripped up and down for allowing me to write the sacred playbook for Politico.
00:45:43.000I remember it was a huge controversy at the time.
00:45:45.000Our senator, Tom Cotton, Who's editorial about how we should unleash the National Guard on rioters, how that was treated as not only verboten, so dangerous that the op-ed editor had to actually, James Bennett, had to actually be fired from his job.
00:45:58.000Now they're doing the same thing over at NBC and MSNBC.
00:46:02.000Again, this all falls within a particular matrix of thinking with regard to the media left.
00:46:06.000For the media left, if you disagree with them, it's because, talk about conspiracy theories, you're a tool.
00:47:27.000My argument is that we should try our very best to treat people without regard to race, both in our personal lives and our public policy.
00:47:36.000Okay, so perfectly rational, perfectly reasonable.
00:47:39.000But that's too much for Whoopi Goldberg, who starts to go nuts on him, because again, these are verboten perspectives.
00:47:46.000When you say that socioeconomics picks out people in a better way than race, when you do look at the socioeconomics, you see the huge disparity between white households and black households.
00:47:59.000You see the huge disparity between white households No.
00:48:02.000and hispanic households so your argument and i've read your book twice because i
00:48:06.000wanted to give the chance uh... your argument that race has no place in that
00:48:12.000equation is really fundamentally flawed
00:48:26.000Yeah, of course, I agree with that fully.
00:48:28.000The question is, how do you address that in a way that actually targets poverty the best?
00:48:32.000And what Martin Luther King wrote in his book, Why We Can't Wait, is he called it, we need a bill of rights for the disadvantaged.
00:48:38.000And he said, yes, we should address racial inequality.
00:48:41.000Yes, we should address the legacy of slavery.
00:48:43.000But the way to do that is on the basis of class.
00:48:46.000And that will disproportionately target blacks and Hispanics because they're disproportionately poor, but it will be doing so in a way that also helps the white poor, in a way that addresses poverty as the thing to be addressed.
00:48:59.000Sunny Hostin then goes on to suggest that he is a pawn of right-wing nefarious forces.
00:49:05.000Your argument for colorblindness, I think, is something that the right has co-opted.
00:49:10.000And so many in the black community, if I'm being honest with you, Because I want to be.
00:49:16.000Believe that you are being used as a pawn by the right, and that you're a charlatan of sorts.
00:49:21.000I don't think I've been co-opted by anyone.
00:49:22.000I've only voted twice, both for Democrats.
00:49:24.000Although, I'm an independent, I would vote for a Republican.
00:49:27.000Probably a non-Trump Republican, if they were compelling.
00:49:30.000I don't think there's any evidence I've been co-opted by anyone, and I think that that's an ad hominem tactic people use to not address really the important conversations we're having here.
00:49:40.000And I think it's better, and it would be Better for everyone if we stuck to the topics rather than make it about me.
00:49:47.000It's not about you, but I want to give you the opportunity to respond to the criticism.
00:50:07.000Again, the fact that he stays calm there is a credit to Coleman Hughes because being insulted as a tool of the establishment because you happen to cross swords with the adults over at The View is truly an amazing thing.
00:50:18.000Here, I'm playing a lot of Coleman Hughes here because he did a tremendous job on The View.
00:50:21.000And it's also rare when The View has on somebody who, again, has more than a double digit IQ.
00:50:25.000Here is Coleman Hughes taking on another one of the intelligentsia, Joy Behar, on the similarity between white supremacy and leftism.
00:50:32.000You write that the anti-racism movement, there are a couple of People I don't even know who they are.
00:50:51.000You're comparing it to white supremacy.
00:50:56.000Because they both view your race as an extremely significant part of who you are.
00:51:02.000So white supremacists, they obviously say, we all know what they say, okay?
00:51:07.000Neoracists like Rob DiAngelo, they say that to be white is to be ignorant, for example.
00:51:13.000Well, this is a racial stereotype, and I want to call a spade a spade and say this is not the style of anti-racism we have to be teaching our kids.
00:51:19.000We should be teaching them that your race is not a significant feature of who you are.
00:51:24.000Who you are is your character, your value, and your skin color doesn't say anything about that.
00:51:29.000That's actually misrepresenting what Robin DiAngelo's position is.
00:52:54.000Now, it does come with proposed tax hikes, but they would only pay for one third of the additional debt.
00:53:00.000Now, thankfully, it looks like there's zero chance of this passing the House, which is why it looks to be more political theatre than a serious budget.
00:53:10.000But essentially, it's more of the same thinking that got us where we are today.
00:53:14.000The Biden regime has already racked up six trillion dollars in debt.
00:53:18.000That's almost as much as Obama's total debt over eight years.
00:53:23.000And of course, Biden's done it in a little over three.
00:53:26.000The economy is suffering on the back of it.
00:53:29.000So his solution is just more spending and more of the same.
00:53:33.000Of course, we know the 2024 budget was finally passed on Saturday, and it largely tracks with the deal made with former Speaker of the House McCarthy, worked back in 2023, which is absurd, right?
00:53:46.000We can't forget McCarthy was ousted to prevent exactly this from reoccurring again.
00:53:53.000And here we are again, another $1.7 trillion in debt.
00:54:07.000Well, the fact is that as Congress continues to kick the can down the road, spending more and more money, borrowing more and more money, they're always leaving it up to the Federal Reserve to sort of fill in the gap, which means that it really is the Federal Reserve in control of the nature of the American economy.
00:54:19.000Central banks have far too much control over pretty much all the Western economies right now.
00:54:23.000This is why everybody who's an investor is constantly watching to see Which way Jerome Powell is blowing on any given day looking for the weather vane.
00:54:31.000Well, right now the Federal Reserve has claimed that they are going to look at several interest rate cuts this year.
00:54:37.000But the inflation rate is currently running at 3% annualized minimum.
00:55:09.000I mean, Jerome Powell gave a 60-minute interview back in February and he said, and I quote, It's probably time or pastime to get back to having an adult conversation amongst elected officials about getting the federal government back on a sustainable fiscal path.
00:55:25.000And I thought he made the point even clearer when he said, and again, I quote, every generation should really pay for the things it needs and not hand the bills down to our children and grandchildren.
00:55:37.000For me, this was basically a slap in the face to the Biden administration.
00:55:42.000This is the man who's responsible for maintaining the dollar's purchasing power, essentially telling elected officials to stop, to grow up and stop robbing from our grandchildren and pay our own bills.
00:55:54.000I have to say, I haven't been Powell's biggest fan, but I respected him for this.
00:55:59.000You know, after all, he may not lower interest rates, particularly on the back of surging inflation on the last two reports.
00:56:08.000But he may have his legacy in mind now and do the right thing.
00:56:13.000So despite everything that's going on, obviously, America, in terms of its economy versus the rest of the world, we're sort of the best house on a bad block right now, in the sense that investment dollars are still flowing into the United States because there's legitimately no place else to put those investment dollars.
00:56:27.000With that said, there has been a move by America's enemies to de-dollarize.
00:56:32.000That's happening in China, it's happening with Russia, it's happening with many of the BRICS nations.
00:56:37.000What do you think is the future of the American dollar if we continue to spend like this?
00:56:47.000We are, pardon the expression, the tallest midget in the room still, but we are creating a case for de-dollarization, and we're doing it in two forms.
00:56:59.000Let's not forget the dollar's lost 16% of its purchasing power since the pandemic.
00:57:05.000Now, we see that as inflation here in the US, but other nations that own dollars see it as currency devaluation, and they're seeing You know, the value of their purchasing power starting to dwindle.
00:57:17.000The other side, of course, is weaponization, right?
00:57:20.000When Biden regime froze Russia's dollar reserves, they sent a message to the rest of the world.
00:57:26.000Your assets could become liabilities overnight if you make a decision that isn't popular here in the United States.
00:57:33.000Now, what we've seen on the back of that is two record years consecutively of gold buying by central governments.
00:57:50.000By buying gold, it achieves two things for the BRICS and other nations.
00:57:55.000Number one, it's just been a good trade, right?
00:57:58.000In the same time period that the dollar has lost 17%, gold is up exactly 17%.
00:58:03.000Secondly, by Russia, China, Brazil, By them holding dollars, they're creating demand for dollars.
00:58:11.000The more demand, the stronger the dollar becomes, and the stronger the stick we are using to beat them.
00:58:17.000So by buying gold, it allows them to de-dollarize, puts pressure on the dollar, and longer term will weaken the argument for the dollar as global reserve.
00:58:26.000So I think the train of de-dollarization can continue, and it's concerning to say the least.
00:58:35.000That is Philip Patrick of our friends over at Birch Gold Group.
00:58:38.000Philip, really appreciate the time and the insight.
00:58:42.000And again, guys, Birch Gold has been the exclusive gold partner of The Daily Wire for over seven years now, helping thousands of our listeners.
00:58:48.000Get your free info kit on gold and talk to a precious metals specialist like Philip about protecting your savings from persistent inflation with gold.
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