The Ben Shapiro Show - Biden’s Bear Market Arrives | Ep. 1514

00:00:00.000 The stock market officially hits bear market territory as the Fed desperately seeks to tamp down inflation, the January 6th committee keeps rehashing the stuff we already knew, and Pride Month continues with perverse displays in front of small children. 0.93

00:00:11.000 I'm Ben Shapiro.

00:00:11.000 This is The Ben Shapiro Show.

00:00:18.000 The Ben Shapiro Show is sponsored by ExpressVPN.

00:00:20.000 Protect your online privacy today at expressvpn.com slash Ben.

00:00:23.000 So, bear market time, which means you might want to think about how you invest, right?

00:00:28.000 What's your investment strategy?

00:00:29.000 Here is the thing.

00:00:31.000 Out-of-control inflation is hammering the living crap out of the stock market at this point.

00:00:35.000 The S&P 500 is having its worst start to the year since World War II.

00:00:38.000 We are now in official bear market territory.

00:00:42.000 Now might be a decent time for you to diversify into gold.

00:00:44.000 Now, here's the thing, you should have listened to me before.

00:00:46.000 So if you didn't before, probably should listen now.

00:00:48.000 Okay, gold is the most stable asset in the history of planet Earth.

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00:01:04.000 Amazon stock is now down 37% in the first half of the year.

00:01:06.000 Tesla is down 40%.

00:01:08.000 Cryptos have been slammed.

00:01:09.000 Many fear the hawkish moves by the Fed could stall the economy.

00:01:12.000 So what exactly is your plan?

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00:01:31.000 Well, Bidenomics has been a giant failure, and the easiest way to tell that Bidenomics has been a giant failure is that we are now in a full-on bear market.

00:01:40.000 According to the Wall Street Journal, the stock market sell-off deepened on Monday with the S&P 500 entering a bear market as investors took another look at Friday's red-hot inflation data and liked it even less, which is not a surprise because the inflation data month-on-month was again 8.6% annualized inflation rate.

00:01:53.000 That is a horrifying rate of inflation.

00:01:56.000 Faced with rising chances of aggressive monetary tightening by the Federal Reserve, investors broadly unloaded risk.

00:02:00.000 The S&P 500 slumped 3.9% as 495 of its 500 components ended the day lower.

00:02:06.000 So that is not a matter of a few big companies that are dragging the rest of the market down.

00:02:10.000 This is a matter of every single company, with the exception of like five companies, had its stock decline.

00:02:15.000 And that is because people are looking at this economy and they're like, I don't have the extra cash.

00:02:20.000 People are looking at the economy and they are figuring they need to either liquidate their assets in order to pay the bills or they're trying to get out of the stock market because they believe that it's going to decline even further.

00:02:29.000 And given the fact that Joe Biden wants heavier regulations, heavier taxation, global taxation schemes, the likelihood is that we are now entering a period of significant economic stagnation over the course of the next several years.

00:02:41.000 And maybe for the next decade.

00:02:42.000 This is the really systemic problem here.

00:02:44.000 It's not just inflation.

00:02:45.000 Inflation, the Fed will get control of it.

00:02:47.000 It'll be painful.

00:02:47.000 It'll be a problem.

00:02:48.000 The Fed is not going to be able to do this lukewarm thing where they gradually raise the inflation rate just ever so slightly and edge us away from inflationary territory and away from a recession.

00:02:58.000 Instead, what's going to happen is that the Fed is going to have to clamp down because, again, the Federal Reserve, as much as people like to pretend it's a scalpel, it's not.

00:03:04.000 It's a blunt instrument.

00:03:05.000 The Federal Reserve does not have a magic wand that can bring down inflation without also slowing economic activity.

00:03:12.000 It does not have the ability to make that magical balance happen where the markets have no bear market or bull market territory.

00:03:20.000 All that ends up happening, what the Federal Reserve really does in the end is it sort of smooths out the various bumps in the market, but it can't get rid of the hills and valleys in the market entirely.

00:03:29.000 And very often it creates larger hills and larger valleys over the course of time.

00:03:34.000 So if you figure you look at the markets from, say, 1860 to 1925, right before the Federal Reserve became sort of a major issue in American life, what you see is there are a lot of booms, there are a lot of busts.

00:03:45.000 But overall, the trend line looks like that.

00:03:47.000 And you see that that even continues in the early days of the Federal Reserve.

00:03:51.000 And now what you see is sort of an economic stagnation, like slight growth.

00:03:55.000 Then you'll see a big turn down.

00:03:57.000 Then you'll see a big turn up.

00:03:59.000 But it's slower.

00:03:59.000 Everything is much, much slower.

00:04:01.000 So before, everything was vacillating about the growth line at a very fast rate.

00:04:05.000 Now, what you see because of the Federal Reserve is everything is very slow.

00:04:07.000 So after 2008, you'll see a very slow and steady incremental increase in the economy.

00:04:13.000 And then you'll see a big shock.

00:04:14.000 Then you'll see a slow and steady increase in the economy.

00:04:16.000 Then you'll see a drown turn. 0.97

00:04:17.000 It'll be a little bit gradual.

00:04:18.000 So instead of these kind of gigantic shocks happening every five years, what you have is big shocks happening maybe every 20 or 30 years.

00:04:25.000 And then in the meantime, you have slower growth or you have slower or you have slower declines.

00:04:31.000 And that is simply because when you have the Federal Reserve, which has now been put in charge of not just fiscal and monetary policy, been put in charge of economic policy, when basically the federal government has abdicated all responsibility for the economy to the Federal Reserve, to this cadre of experts, Well, that cadre of experts is often wrong, but they also are able to maintain a consistent policy over the course of long periods of time, which Congress is not really able to do.

00:04:55.000 Now, none of this was really foreseen when the Federal Reserve was given the sort of power that it was given.

00:05:00.000 The idea from the Federal Reserve is that it was going to be a rather inactive branch of American government.

00:05:04.000 And it was basically there to backstop the banks.

00:05:06.000 It was there to make sure there weren't runs on the banks such that you had a complete collapse in the banking system.

00:05:12.000 sure there was a slow but steady rate of inflation. That's at least what Milton Friedman proposed and was taken up by the Federal Reserve in the 1960s, 1970s.

00:05:18.000 Well, now the Federal Reserve has become the policymaker of first resort. There's a point made by Mohammed L. Arian, the head of Allianz. He has said that when the Federal Reserve becomes the policymaker of first resort, you end up basically using up what it was that you had in reserve, right? When it was the last resort, you would do all these things. Then finally it got down to it. You call in the Federal Reserve.

00:05:37.000 Now the Federal Reserve is the chief policymaker in the United States. And this is true for central banks across the world. When you exhaust all those options, there's nothing, there's nowhere else to And this is what we are now experiencing in the economy.

00:05:47.000 It's why people are freaking out.

00:05:49.000 Well, the stock market is down.

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00:07:05.000 Meanwhile, a route in cryptocurrencies highlighted investors' increasing unwillingness to hang on to the most speculative holdings, according to the Wall Street Journal.

00:07:12.000 The price of Bitcoin plunged below $23,000 before pairing that loss to trade at 5 p.m.

00:07:17.000 ET, 66% from its November high.

00:07:19.000 As of November, Bitcoin was trading at above $60,000.

00:07:21.000 The drop in crypto accelerated Monday after interest rate fears sparked a weekend sell-off.

00:07:26.000 So, you would figure that in a time of economic uncertainty, Bitcoin might do okay, except for the fact that Bitcoin, in a lot of people's mind, is not a well-established asset?

00:07:34.000 And it hasn't been as broadly adopted as some people would like it to be.

00:07:37.000 And so if you have an asset and you're going to sell it off, are you going to sell off U.S.

00:07:39.000 treasuries, which are a pretty well-established asset over the course of a century, two centuries?

00:07:43.000 Or are you going to sell off Bitcoin?

00:07:44.000 And so people have been selling off Bitcoin.

00:07:46.000 This does not mean the end of the crypto markets.

00:07:47.000 It means that speculative Bitcoins, speculative cryptos, those ones are going to take a massive hit, right?

00:07:52.000 Luna has taken a huge hit.

00:07:54.000 Bitcoin and Ethereum, they've taken big hits.

00:07:56.000 I think they will come back.

00:07:57.000 I think they'll come back over time specifically because they're well-established enough.

00:08:01.000 That as the market presumably recovers, or as it at least evens out, people are going to start looking at it just like another asset class.

00:08:07.000 However, the more speculative stuff, these sort of F Joe Biden bitcoins, those always seemed very sketch to me.

00:08:15.000 And so the idea that these were going to be a big boomtown for people, that only holds when you have cheap and easy money that's available to everyone.

00:08:22.000 We're definitely seeing a risk-off atmosphere, a flight to quality, said Charlie Ripley, senior investment strategist at Allianz Investment Management.

00:08:28.000 In that environment, people need to raise cash.

00:08:30.000 So people are taking their money out of speculative assets, they're trying to sell those off, and they're trying to get into what they think are more solid assets.

00:08:36.000 Which again, this is not rare.

00:08:37.000 When you inflate the currency, when you inflate the economy, and people have extra cash in their pockets, they tend to spend it on speculative things, hoping that there will be a big boom and then they can sell it.

00:08:46.000 But what happens when nobody has that extra money?

00:08:49.000 If you're going to take that money, you're going to put it in the surest thing available.

00:08:52.000 And so what you've seen is actually yield curves inverting, which means people are now investing in long-term bonds, for example, more than they are in short-term bonds.

00:08:59.000 At least that was one thing that happened for a brief moment yesterday that usually foretells a recession in the next one to two years.

00:09:05.000 And again, the notion that the Federal Reserve is going to be able to cure this, the Federal Reserve created this.

00:09:10.000 So the idea that Jerome Powell is going to magically fix all of the problems on behalf of Joe Biden is just crazy.

00:09:15.000 U.S.

00:09:15.000 tech stocks, which soared throughout the pandemic, notched big declines.

00:09:18.000 Apple shares fell 3.8 percent.

00:09:19.000 Amazon lost 5.5 percent.

00:09:21.000 Chipmaker NVIDIA slid 7.8 percent.

00:09:23.000 Tesla dropped 7.1 percent.

00:09:24.000 Meta, the parent company of Facebook, lost 6.4 percent.

00:09:27.000 Todd Morgan, chairman of L.A.-based Bel Air Investment Advisor, said, this is what you call a bear market.

00:09:31.000 Where fear is taking place and pushing people out of the market and having people empty up portfolios and capitulate.

00:09:36.000 Now, do I think that you should be selling right now?

00:09:38.000 I'm not selling right now.

00:09:39.000 That's all I will say.

00:09:40.000 I don't give investment advice.

00:09:41.000 I'll just tell you what I am doing.

00:09:42.000 Not selling.

00:09:43.000 Because this is very easy.

00:09:45.000 Econ 101, when the price is low, now is a really bad time to sell if you don't have to liquidate those assets.

00:09:50.000 Hold on.

00:09:50.000 I'm not saying that now is the time to buy because I don't know how much lower the market's going to go.

00:09:55.000 But I will tell you that in times of a declining market, I typically go to my investment people.

00:10:00.000 And I tell them to gradually increase the amount that they're buying, if possible, because buying on the downslope is usually a better idea than buying on the upslope, which is what most people did during the pandemic.

00:10:11.000 Now again, Bitcoin has taken this serious hit because there are a lot of speculative traders in Bitcoin.

00:10:15.000 A lot of the extra money people had in their pocket went into Bitcoin.

00:10:17.000 Bitcoin's slide since November, according to the Wall Street Journal, has contributed to a roughly $2 trillion wipeout in the broader market.

00:10:23.000 Crypto's total market capitalization, meaning like all the shares of crypto multiplied by the price of crypto, which peaked in November at nearly $3 trillion, stood at around $975 billion Monday evening.

00:10:33.000 That's a loss of over $2 trillion in value in the crypto market.

00:10:37.000 Now again, If you're holding crypto, if you haven't sold the crypto, you haven't realized the loss. 0.99

00:10:41.000 But this also goes to show you how stupid the policy promoted by Elizabeth Warren and company is. 1.00

00:10:45.000 Their policy was that we should do a wealth tax. 0.99

00:10:48.000 So when you had an unrealized gain in something like crypto, we should tax the unrealized gain.

00:10:52.000 What are they going to be a tax refund for the unrealized loss?

00:10:55.000 How exactly is this supposed to work?

00:10:56.000 The answer is it doesn't. 0.99

00:10:57.000 It's all just stupidity attempting to confiscate wealth from people who are the high income earners in our society, meaning the most successful business people in our society. 0.95

00:11:05.000 According to the Wall Street Journal, there are some clear reasons why Bitcoin is selling off now. 0.98

00:11:08.000 For one thing, its moves have been more generally aligned with other risk assets like tech stocks, as professional traders have joined the crypto market in bigger numbers.

00:11:15.000 Speculative assets like crypto have been falling as high inflation persists.

00:11:18.000 Central banks try to combat that with higher interest rates, which, of course, crypto is usually a hedge against inflation.

00:11:24.000 Well, right now you have an inflating currency, but you're also seeing the Federal Reserve and other central banks ramp up the interest rates.

00:11:28.000 The idea is that inflation eventually is going to be crushed here, and that will damage crypto.

00:11:33.000 On Friday, the U.S.

00:11:33.000 inflation index hit 8.6%, dragging down the stock market.

00:11:36.000 So you have this very weird market in which pretty much everything is taking a hit at this point, and there are no safe havens, which is a dangerous place to be.

00:11:44.000 And this is being particularly jogged by the uncertainty from the Fed.

00:11:46.000 Remember, I said a couple of months ago, I did not think they were increasing interest rates fast enough, that when you have a massive inflationary bubble like you have right now, you can't increase it gradually and go to what are still close to record lows in the inflation rate.

00:12:01.000 In the interest rate, rather.

00:12:02.000 You can't go from a 0% interest rate to a 1.5% interest rate and hope that that crushes 10% inflation.

00:12:07.000 That ain't gonna do it.

00:12:09.000 Back in the early 1980s, Paul Volcker had to put the interest rates at something close to 20% in order to tamp down inflation.

00:12:15.000 If you think that the interest rates at 2.5%, 3% are going to tamp down inflation, you got another thing coming.

00:12:20.000 That's not the way this is happening.

00:12:21.000 We have the biggest inflationary bubble in four decades.

00:12:23.000 You're going to have to see the overall interest rates increase to the 5% to 6% range, I think, before you start to see inflation really start to come down in a severe way.

00:12:30.000 And that means there will be a recession.

00:12:32.000 And pretty much everybody knows it at this point.

00:12:34.000 The Federal Reserve has been trying to pitch you a bill of goods here, saying they're going to fix all of your problems.

00:12:38.000 Do you hate it when people try to sell products they know next to nothing about, like the Federal Reserve right now?

00:12:42.000 Well, this is why you should not head on over to your local auto parts store when you need to fix your car, because the people behind the counter, they don't know anything.

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00:12:57.000 Their original goal was, and still is, to make auto parts available and affordable so customers can keep their daily drivers and classics safely on the road.

00:13:04.000 RockAuto.com's online parts catalog is uniquely easy to use.

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00:13:15.000 RockAuto.com will not only have the part, but usually will give you several trusted brands to choose from.

00:13:19.000 Rock Auto's kits are also popular because they bundle together all the parts needed for a successful repair.

00:13:23.000 You don't get halfway through installing a timing belt and then discover that you actually need another pulley or something.

00:13:28.000 Professional mechanics, do-it-yourselfers, they always pay the same reliably low prices.

00:13:31.000 So, your car is worth now more than probably it has ever been, even if it is used.

00:13:36.000 So preserve your car's health.

00:13:37.000 Go to rockauto.com.

00:13:38.000 Get the brakes, shocks, carpet, wipers, headlights, mirrors, mufflers, lug nuts, or any other part you need.

00:13:42.000 Be sure when you check out.

00:13:42.000 Write Shapiro in there.

00:13:43.000 How did you hear about us, Fox?

00:13:45.000 So they know that we sent you.

00:13:46.000 Larry Summers, who's the former Treasury Secretary under Bill Clinton and who called the inflation bubble.

00:13:52.000 He looked at Janet Yellen, who's the new Treasury Secretary, and who's saying she doesn't see a recession on the way.

00:13:56.000 He's like, well, you're wrong about one of these things.

00:13:57.000 You're about to be wrong about the other.

00:14:00.000 Secretary Yellen, who has the job you once had, said this week that, quote, there is nothing to suggest a recession is in the works.

00:14:09.000 Do you agree with that?

00:14:12.000 No, I don't.

00:14:13.000 You think a recession is in the works?

00:14:14.000 I think that when inflation is as high as it is right now, and unemployment is as low as it is right now, it's almost always been followed within two years by inflation, by recession.

00:14:30.000 It is amazing how the narrative changed so quickly.

00:14:31.000 You remember that last summer it was, inflation is transitory, don't worry about it, everything's good.

00:14:36.000 Then it was, inflation is not transitory, don't worry, everything is good.

00:14:39.000 Then it's inflation is a crisis, recession is not going to happen.

00:14:43.000 Then it was, well, recession might happen, but probably not for a little while, and maybe we can avoid it.

00:14:47.000 And within, I promise you, within a couple of months, it's gonna be, oh, recession is here.

00:14:51.000 Because this is the way that our experts work.

00:14:53.000 In our expert class, if the last few years have proved nothing, except one thing, if they've proved only one thing, that thing would be the expert class, they're not experts in things.

00:15:01.000 Just because you have a lot of knowledge about one specific topic does not mean that you are capable of taking into consideration all of the various factors that go into even your topic.

00:15:10.000 The collective wisdom of humanity is far larger than that of the expert class.

00:15:14.000 Experts are very good at knowing one thing.

00:15:17.000 The general public is very good at knowing a little bit about a lot of things. 0.98

00:15:21.000 And when you gather all of that together, that broad base of knowledge is much larger than that of any one expert, which is why centralized economics is such a dumb idea.

00:15:27.000 And you get a bunch of experts in the room trying to figure out how literally hundreds of millions, billions of people are going to interact with one another.

00:15:33.000 Typically, that fails.

00:15:35.000 And the expert class has been wrong about pretty much everything.

00:15:37.000 They're wrong about COVID, in terms of their lockdown policies, locking kids out of schools, masking up kids.

00:15:43.000 All this is a giant fail.

00:15:44.000 They're wrong about their inflationary policy during the pandemic.

00:15:47.000 They've been wrong on pretty much every election since 2014.

00:15:51.000 They're just wrong.

00:15:52.000 And yet, they maintain that the reason you're not listening to them is not because they're bad at their jobs.

00:15:57.000 The reason you're not listening to them is because of propaganda or mal-information.

00:16:01.000 No, it's because they're bad at their jobs.

00:16:03.000 You wonder why there's institutional distrust.

00:16:05.000 Maybe it's because the people running the institutions are really terrible at their jobs.

00:16:09.000 According to the Wall Street Journal, now the Federal Reserve is vacillating. 0.96

00:16:12.000 So you remember, they had said they're very specific about what they were going to do, which is always a dumb idea.

00:16:16.000 They should have just said, we are going to raise the interest rates as much as necessary, as quickly as necessary, in order to tamp down inflation.

00:16:22.000 Instead, what they did is they said, okay, well, we're definitely not going to raise the interest rates more than 0.5% At the next Fed meeting and the meeting after that, like we have a regular rule.

00:16:32.000 The regular rule is 0.5%.

00:16:34.000 The problem is then when they announce 0.75%, which is more than 0.5, but it is not 3%, then the markets freak out, which is what we've been seeing this week, according to the Wall Street Journal.

00:16:46.000 A string of troubling inflation reports in recent days is likely to lead the Fed to consider surprising markets with a larger-than-expected 0.75 percentage point interest rate increase at their meeting this week.

00:16:55.000 Before officials began their pre-meeting quiet period on June 4, they had signaled they were prepared to raise interest rates by half a percentage point this week and again at their meeting in July.

00:17:03.000 They had also said their outlook depended on the economy evolving as they expected.

00:17:07.000 Last week's inflation report from the Labor Department showed a bigger jump in prices in May than officials had anticipated.

00:17:12.000 And there is something deeply disturbing about the fact that we have hundreds of millions of people who all have holdings in the stock market sitting around and waiting on like seven guys in suits to figure out the direction of the American economy.

00:17:21.000 That is not the way any of this is supposed to work.

00:17:24.000 The same thing happens to be true when it comes to the Constitution of the United States.

00:17:27.000 Like yesterday, we were waiting around, literally waiting in the newsroom to see whether the Supreme Court was going to bring down its decision on Roe versus Wade.

00:17:33.000 And so you have the entire country waiting on nine people in robes to decide the fate of the country.

00:17:39.000 This sort of stuff is not how things are supposed to work.

00:17:41.000 In a democratic republic, most power is supposed to devolve to the local level.

00:17:45.000 And most power is really supposed to devolve to the individual.

00:17:48.000 You're not supposed to be sitting around waiting for the expert class to control the most important areas of your life, from economics to how your rights are defined, to the rights of the unborn.

00:17:59.000 But nonetheless, we've delegated more and more power to people that we declare the expert class.

00:18:04.000 And that is the outgrowth of a progressive agenda from the early 20th century promoted by people like Woodrow Wilson.

00:18:09.000 The idea was that government is just too complicated for the people.

00:18:12.000 And so we have to have experts and bureaucrats figuring out everything for us.

00:18:15.000 And now we're all very comfortable with this.

00:18:17.000 Well, we don't know about the environment.

00:18:18.000 Let's just delegate it to the EPA. 0.98

00:18:20.000 And those people, they're the experts.

00:18:21.000 They'll know.

00:18:22.000 We don't know much about COVID if we just listen to the experts.

00:18:25.000 We don't know that much about econ.

00:18:26.000 Let's just, you know, there's some experts at the federal, they know.

00:18:29.000 What if they don't?

00:18:30.000 Because nobody knows.

00:18:31.000 Not because even they're so crappy at their jobs, but because you cannot delegate a massive swath of life to a very small cadre of individuals whose knowledge is limited because inherently the knowledge of individuals is limited in a way that group and collective knowledge just is not.

00:18:45.000 Okay, well, all of this results in rather large scale unpopularity for Joe Biden.

00:18:50.000 The main characteristic of the Biden administration is that they've been wrong about everything, but they are completely blind to the consequences of their own decision-making.

00:18:58.000 It is amazing how many times they have done something, not even thinking about what comes next, and then the thing that comes next is perfectly predictable, and they freak out.

00:19:05.000 This is what happened in Afghanistan.

00:19:06.000 We have a plan.

00:19:07.000 There's a plan, said Joe Biden.

00:19:09.000 We're going to pull out of Afghanistan. 1.00

00:19:11.000 And when we pull out, it's going to, Taliban are going to take, that's crazy. 0.91

00:19:15.000 Oh, oh, oh.

00:19:18.000 Whether it's that or whether it's... We're gonna build back pedangony!

00:19:22.000 And we're gonna build back better and pour money into the economy and just gasoline on a... Oh, there won't be inflation.

00:19:28.000 That's transit.

00:19:29.000 Oh.

00:19:29.000 Oh, no.

00:19:30.000 Oh.

00:19:31.000 Or, what if we shut off the, we don't need oil.

00:19:34.000 Oil and gas, we're gonna shut it down, man.

00:19:36.000 Come on, man.

00:19:38.000 Oil and gas, we don't need that.

00:19:39.000 We're gonna move toward a green energy.

00:19:41.000 That won't mean that it's gonna hurt.

00:19:42.000 Oh, oh.

00:19:45.000 Oh, oh is the running theme.

00:19:47.000 That is the 2024 slogan of the Biden administration, is oh, oh.

00:19:52.000 The minute that they figure out, oops, everything that we did has been counterproductive.

00:19:56.000 According to the Wall Street Journal, in recent weeks, top officials in the Biden administration and the Federal Reserve Have publicly conceded.

00:20:02.000 They made mistakes in their handling of inflation. 1.00

00:20:04.000 Oh, well, now that you've conceded it, I probably I trust you more, you know, like first of all, you should concede it because you're idiots. 0.99

00:20:10.000 But if your agenda is, yeah, sorry, we botched the most important economic issue of the last 10 years are bad. 0.99

00:20:17.000 Also, if you could give us more power, that'd be amazing.

00:20:19.000 No. 1.00

00:20:19.000 So first of all, that's idiotic. 1.00

00:20:21.000 That's so stupid. 1.00

00:20:22.000 Really. 1.00

00:20:22.000 I said when Joe Biden took office, we were going to see an unprecedented recovery. 1.00

00:20:24.000 Biden and Fed officials worried the COVID-19 pandemic and related restrictions would bring similar consequences to the 2007-2009 financial crisis.

00:20:32.000 Weak demand, slow growth, long periods of high unemployment and too low inflation. 1.00

00:20:36.000 So first of all, that's idiotic. 1.00

00:20:37.000 It's so stupid. 1.00

00:20:39.000 Really. 1.00

00:20:40.000 I said when Joe Biden took office, we were going to see an unprecedented recovery.

00:20:43.000 I said at the beginning of COVID that after COVID was over, we were going to see an unprecedented recovery because it was an artificial depression.

00:20:49.000 See, 2007 to 2009 was not artificial.

00:20:52.000 That was the bottom fell out of the real estate market.

00:20:54.000 It dragged down pretty much every area of the market because the collateralization of bad mortgages that it infused nearly every insurance industry, company, it infused the banks.

00:21:04.000 And so it was dragging down wide swaths of the economy.

00:21:07.000 COVID, everything was going fine.

00:21:08.000 And then everyone said, go home and stay home for a year and we'll pay you.

00:21:12.000 So what that meant is that when we stopped doing that, people would go back to work because we had a status quo ante.

00:21:17.000 There's no status quo ante 2007 to 2009 because we had an actual systemic problem.

00:21:21.000 There was no real economic systemic problem in February of 2020.

00:21:25.000 And then COVID hit.

00:21:26.000 And so the idea was, when COVID was over, which was supposed to be when the vaccines came out, circa January, February, March of 2021, it would be done.

00:21:34.000 And the economy would start to run.

00:21:35.000 Hot again.

00:21:36.000 I mean, again, it didn't take a genius to say this.

00:21:38.000 I was saying this at the time.

00:21:39.000 I'm not an economic genius.

00:21:40.000 I can just read basic charts.

00:21:43.000 That's all. 1.00

00:21:44.000 But these morons somehow got it. 1.00

00:21:45.000 They thought there was gonna be weak demand. 1.00

00:21:47.000 In what world would there be weak demand?

00:21:48.000 We had poured $7 trillion into the economy.

00:21:52.000 How is there going to be weak demand?

00:21:54.000 Like based on what?

00:21:55.000 People had more savings after the pandemic than they had before the pandemic. 1.00

00:21:59.000 But these idiots kept running the inflation hot. 0.98

00:22:02.000 Now, the real reason they're running the inflation hot is because Joe Biden and Ezra Klein and all of the econ geniuses on the other side, they were suggesting that if you run the economy hot, it was going to help the poorest. 1.00

00:22:11.000 The only problem is when you inflate the economy, it hurts the poorest most.

00:22:15.000 So, the Biden administration and the Fed, according to the Wall Street Journal, applied the last playbook to the new crisis.

00:22:20.000 The Fed redeployed low-interest rate policies it believes have been effective and generally benign and promised not to pull back prematurely.

00:22:26.000 Elected officials concluded they'd relied too heavily on the Fed previously and decided to spend more aggressively this time, starting with Donald Trump capping with Biden's $1.9 trillion stimulus.

00:22:34.000 Moreover, many Democrats saw their control of the White House and Congress as a rare opportunity to shift Washington's priority away from tax cuts and toward expansive new social programs.

00:22:42.000 Again, this was the Build Back Better lie.

00:22:45.000 We didn't need you to build back better.

00:22:46.000 We needed you to leave well enough alone.

00:22:48.000 Instead, they decided they were going to build.

00:22:48.000 Stop.

00:22:50.000 They had great images of how they're going to build things.

00:22:53.000 This is the lie about capitalism and free markets.

00:22:55.000 They are not constructed by people at the top.

00:22:58.000 All other systems are constructed by people at the top.

00:22:59.000 Capitalism is constructed by people at the bottom, engaging in voluntary trade and association with other human beings.

00:23:06.000 This is why when people say we have to design an economy that works for everyone, you are not capable of doing this.

00:23:10.000 You know who's capable of doing this?

00:23:11.000 Everyone.

00:23:12.000 And that's called capitalism and free markets.

00:23:14.000 That is free exchange of goods and services between free individuals. 0.92

00:23:18.000 Capitalism is not a social construct made up in a backroom by a bunch of fat cats. 0.85

00:23:22.000 Socialism is. 0.84

00:23:23.000 Redistributive welfare statism is.

00:23:25.000 Those are constructed by fat cats in the backroom and they are likely to fail because again, centralized knowledge is not nearly as diverse, diffuse, and useful as collectivized knowledge.

00:23:34.000 The experts, they don't know a lot of things.

00:23:36.000 Well, you know, when the experts don't know a lot of things, it makes you feel a little bit nervous, right?

00:23:40.000 Well, maybe you should prepare for the possibility that the experts don't know everything by, you know, actually prepping for times when those times get bad.

00:23:48.000 And according to leading industry sources, grocery stores across the United States are currently worried about food shortages, which is not a shock.

00:23:52.000 We have supply chain crises.

00:23:54.000 As a result of this crisis, survival food, it's a useful thing to have.

00:23:57.000 Whether you are talking about like the possibility of a hurricane and they're not being enough on the shelves, whether you're talking about an earthquake, Or whether you're just talking about shortages, the reality is that you should stockpile the foods that your family actually needs.

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00:24:49.000 So again, they got all of this wrong and then they have no answers.

00:24:52.000 So Corinne Jean-Pierre, the White House press secretary, she's just in full-scale denial.

00:24:57.000 They are left now.

00:24:57.000 The Biden administration, it is amazing.

00:24:59.000 They are left with basically trying to happy-talk the American people.

00:25:02.000 The American people are looking at the economy.

00:25:03.000 They can see their stocks taking a massive nosedive.

00:25:06.000 They can see inflation has eaten up all of their wage gains.

00:25:08.000 We actually have net wage decreases over the course of the last year, thanks to Joe Biden and thanks to the Federal Reserve.

00:25:15.000 And they think that the best thing they can do is just happy talk this thing.

00:25:17.000 They were putting out tweets yesterday about how many jobs had been created.

00:25:20.000 Those jobs would have been created and with better real wages if you guys hadn't interfered in the first place.

00:25:28.000 So now they're just in denial.

00:25:29.000 So Karine Jean-Pierre, the incompetent new White House press secretary, the thing you could say about Jen Psaki, you can say that she was a liar and she said things that were untrue, but she wasn't incompetent. 1.00

00:25:37.000 Karine Jean-Pierre is like full-scale incompetent. 1.00

00:25:39.000 So she said yesterday that Joe Biden's spending binge had nothing to do with inflation.

00:25:42.000 Weird.

00:25:44.000 We are coming out of the strongest job market in American history, and that matters.

00:25:49.000 And a lot of that is thanks to the American Rescue Plan, which only Democrats voted for that.

00:25:55.000 Republicans did not.

00:25:56.000 And it led to this historic economic boom that we're seeing with jobs.

00:26:06.000 That is not how we're seeing the American Rescue Plan.

00:26:06.000 No.

00:26:11.000 Oh, well, that's not how you're seeing it.

00:26:13.000 There's only one problem.

00:26:14.000 You guys didn't see any of this coming because you have blinders in front of your face.

00:26:18.000 You're walking around with a blindfold.

00:26:19.000 And then you're telling us we should trust you.

00:26:22.000 Well, no.

00:26:22.000 If you choose to let the blind lead you, then you are the blind leading the blind.

00:26:25.000 Or you could just say, no, you guys don't get to control the economy this way.

00:26:28.000 Because no one should control the economy this way.

00:26:32.000 This is basic, principled kind of stuff.

00:26:34.000 I should get to control my own economic life. 0.99

00:26:36.000 It should not be up to people like Karine Jean-Pierre and an incompetent buffoon like Joe Biden to figure out how the economy works. 0.98

00:26:42.000 Joe Biden has never run a popsicle stand. 0.99

00:26:44.000 Joe Biden has been in the United States Congress since he was 29 years old.

00:26:48.000 He has never held a real job.

00:26:50.000 He's got Hunter Biden picking up bags of cash and presumably paying his bills for years on end.

00:26:55.000 What makes you think this guy knows the first thing about running an economy?

00:26:58.000 Nor that anybody knows the first thing about running the economy.

00:27:01.000 This is one of my big bugaboos.

00:27:02.000 You've seen it from Republican presidents and Democrats.

00:27:04.000 They'll say, I created so many jobs.

00:27:05.000 No, you didn't.

00:27:06.000 You created zero jobs.

00:27:08.000 You took money away from one person and you gave it to another.

00:27:10.000 Because that money does not come out of thin air.

00:27:12.000 And if it does come out of thin air, what you're really doing is just robbing future generations who are going to have to pay back that money.

00:27:18.000 President Biden once bragged about the stock market hitting record after record after record on my watch.

00:27:23.000 shed over the tanking stock market.

00:27:25.000 Remember that the Biden administration said, we don't really follow the stock market.

00:27:29.000 We don't follow the ups and downs.

00:27:31.000 And Peter Doocy's like, well, maybe you should since it's down 800 points today.

00:27:36.000 President Biden once bragged about the stock market hitting record after record after record on my watch.

00:27:42.000 How about now?

00:27:44.000 Meaning the stock market?

00:27:46.000 All the games from President Biden's time in office have been wiped out.

00:27:51.000 So, as you know, we're watching.

00:27:54.000 We're watching closely.

00:27:55.000 We know families are concerned about inflation in the stock market.

00:27:59.000 That is something that the president is really aware of.

00:28:03.000 Oh, well, you know, everything's fine, guys.

00:28:06.000 Everything is fine.

00:28:07.000 Jerry Bernstein, who's one of the advisors to President Biden, has been doing a stellar job.

00:28:13.000 His advice, obviously, has been really well taken care of.

00:28:16.000 He says, you know, we don't pay attention to the daily wiggles in the stock market.

00:28:18.000 Really?

00:28:18.000 Well, do you pay attention to like actual bear markets or no?

00:28:22.000 First of all, we don't really pay too much attention to daily wiggles, but I think the broader trend is of course something of great interest to us in two ways.

00:28:34.000 First of all, while most stock ownership is concentrated among the very wealthiest, I think 80% of the value is held by the top 10%, there are still a lot of people with retirement accounts, so we have to be mindful of that.

00:28:46.000 Well, I mean, 58% of Americans own stock.

00:28:49.000 So when you say that 80% of stocks are owned by the very wealthy, that's true.

00:28:53.000 It also happens to be true that the wealthiest people are wealthy because they own wealth.

00:28:59.000 This is tautological.

00:29:00.000 So yes, you should be paying attention to the stock market because that is people's pension fund.

00:29:04.000 That is everybody's 401k. 1.00

00:29:06.000 People are going to have to liquidate that to pay their bills because of the inflation that you idiots created. 0.99

00:29:10.000 Meanwhile, you have Gina Raimondo, the Secretary of Commerce out there saying, nobody knows more about national affairs than Biden, which may be the dumbest statement of the last five years. 0.99

00:29:19.000 Nobody, no one knows more about national, I'm hard pressed to find anyone who knows less about national affairs than Joe Biden. 0.71

00:29:25.000 The man doesn't even know what's going on in the morning.

00:29:27.000 As I've said before, he must be the happiest guy in America.

00:29:29.000 He wakes up every morning and somebody tells him he's president.

00:29:32.000 It's so exciting.

00:29:33.000 Joe Biden doesn't even know what he had for dinner last night.

00:29:38.000 His brain has been reduced to a form of applesauce.

00:29:40.000 What is she talking about?

00:29:41.000 They're going to happy talk this one?

00:29:43.000 I don't think so.

00:29:45.000 I mean, I certainly support the president and his national security team.

00:29:51.000 No one knows more about, you know, national affairs than President Biden.

00:29:57.000 And I would say that he is very serious when the president, when he says he's going to use every arrow in his quiver in order to bring down gas prices for Americans.

00:30:09.000 Okay, the problem is that the quiver in his brain is empty.

00:30:12.000 The arrows are all gone.

00:30:13.000 There weren't that many to begin with, and now they are completely gone.

00:30:16.000 The hamster wheel is running, there ain't no hamster.

00:30:18.000 The hamster's dead, off in the corner.

00:30:20.000 So when Gina Raimondo tells you that Joe Biden, who believes Joe Biden is in control?

00:30:24.000 Do you believe Joe Biden is in control of himself?

00:30:26.000 Do you think that Joe Biden is capable of stewarding the most powerful economy in world history?

00:30:32.000 Do you think that he is?

00:30:33.000 I mean, he is the captain aboard the Titanic right now.

00:30:35.000 Do you think that he is capable?

00:30:38.000 He's sitting around wondering how many pens he has to sign bills with.

00:30:42.000 Here he was yesterday being like, well, you know, when, when Barack Obama would sign a bill, he'd have like eight pens.

00:30:47.000 And for me, I only have one.

00:30:49.000 And the truth is that these days I like to finger paint and, you know, they come in for my art therapy and I have crayons and I like to, they tell me not to use Sharpies because it permanently stains the furniture.

00:31:00.000 And that's just another way I stain the furniture.

00:31:02.000 I don't know why they do this, but they only give you one pen.

00:31:09.000 I used to stand in absolute awe and watch Barack Obama sign with seven, eight, nine different pens, Barack Obama.

00:31:18.000 I'm in awe.

00:31:20.000 Oh, God.

00:31:21.000 Kamala Harris.

00:31:24.000 I can't.

00:31:24.000 I just can't.

00:31:25.000 I can't.

00:31:25.000 The very end of that clip where she where she turns to him.

00:31:29.000 I'm in awe. 0.99

00:31:30.000 You're so awful. 0.98

00:31:32.000 I thought that the worst person in this video is going to be the president. 0.98

00:31:35.000 And then they pan back and you've got Nancy Pelosi wearing a banana. 0.93

00:31:39.000 And you have Kamala Harris, like, I'm an odd Joe.

00:31:48.000 These people, I trust them, don't you?

00:31:50.000 They're the experts.

00:31:51.000 They're the experts.

00:31:52.000 And Joe Biden, meanwhile, is like, I like pens.

00:31:54.000 Pens are fun.

00:31:54.000 And I remember in the olden days, you know, and before the pens where we had like a duck feather and we would use like a, they called it a quill.

00:32:04.000 It was about time my dad would say, Joey!

00:32:06.000 We were walking around the screen and he'd say, you see that Quill store? 0.52

00:32:09.000 See those two gay men kissing outside the Quill store?

00:32:13.000 Joe Biden, in charge of the United States economy. 0.88

00:32:15.000 Things are going great.

00:32:17.000 Meanwhile, Corrine Jean-Pierre, she assures us that Joe Biden is actually going to run in 2024.

00:32:20.000 Quote.

00:32:21.000 Here's a tweet.

00:32:22.000 To be clear, as the president has said repeatedly, he plans to run in 2024.

00:32:25.000 Yeah, well, he planned to make it to the bathroom in time yesterday.

00:32:28.000 That didn't work out either.

00:32:30.000 So we'll see how things work out for this administration.

00:32:33.000 It's why when Democrats try to distract from all of this with uncontrollable or with January 6th, most Americans are looking around and they're like, um, this economy, it was not supposed to be like this.

00:32:44.000 It was not supposed to be like this.

00:32:45.000 So Benny Thompson, the rest of the Democrats, they keep claiming that there's evidence of criminal acts.

00:32:49.000 We're waiting for that evidence.

00:32:51.000 In the meantime, while we wait, the cost of everything continues to go up from gas to groceries to vacations.

00:32:55.000 Credit card fees are going up as well.

00:32:56.000 It's time to do something about it.

00:32:58.000 If you are a homeowner, your equity is up 20% since last year.

00:33:01.000 That equity can be accessed as cash for the things that you need.

00:33:04.000 You need to call American Finance and get that free mortgage review I've been telling you about.

00:33:07.000 They're going to look at your entire financial picture from your home loans, your equity, even your high interest debt.

00:33:11.000 They will review all of it and they'll do everything they can to help you save up to a thousand bucks a month plus tens of thousands of dollars long term.

00:33:17.000 Think of the difference that can make, then pick up the phone to learn more.

00:33:20.000 If you start soon, you could skip two payments and you might close in as fast as 10 days.

00:33:24.000 Right now is a great time to look at all of your various financial options.

00:33:26.000 This is why you should give my friends over at American Financing a call at 866-721-3300.

00:33:31.000 That's 866-721-3300, or visit AmericanFinancing.net and MLS182334, MLSConsumerAccess.org.

00:33:38.000 Go check them out right now.

00:33:39.000 Again, AmericanFinancing.net, 866-721-3300.

00:33:44.000 Don't leave financial options on the table.

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00:33:57.000 Folks, Matt Walsh's book, What Is A Woman?, is out right now.

00:33:59.000 Now, you've seen the movie, or if you haven't, you really need to subscribe so you can because it's fantastic.

00:34:03.000 That film was a massive success.

00:34:05.000 If you like the film, you have to read the book too.

00:34:07.000 The book dives even deeper into the interviews and topics featured in the film.

00:34:10.000 Be sure to pick up your copy of Matt Walsh's book, What Is A Woman?, today on Amazon or wherever you buy books.

00:34:15.000 Also, Tonight.

00:34:16.000 We've been waiting for it for well over a year.

00:34:18.000 Remember that time that Disney Plus cancelled Gina Carano?

00:34:21.000 So now Disney is pushing lesbians in Buzz Lightyear films. 1.00

00:34:24.000 But, last year, they were firing Gina Carano for no apparent reason, and we decided that we were going to hire Gina Carano because people who don't deserve to get cancelled.

00:34:32.000 Need uncancelling?

00:34:33.000 Well, now, the full uncancellation of Gina Carano is here.

00:34:36.000 Terror on the Prairie, coming tonight.

00:34:38.000 Daily Wire announced she would be starring in and producing our next original film.

00:34:41.000 Tonight is the premiere of that film, Terror on the Prairie.

00:34:44.000 We prove they can't cancel us if we don't let them.

00:34:46.000 Terror on the Prairie It's a gritty Western.

00:34:47.000 It is an R-rated Western.

00:34:49.000 Gina is kick-ass in it. 1.00

00:34:50.000 She doesn't pull any punches.

00:34:52.000 You're gonna love the film.

00:34:53.000 It's great.

00:34:53.000 It's a good old-fashioned Western.

00:34:55.000 No wokeness.

00:34:56.000 Plus, it's produced by our friend Dallas Sonier.

00:34:58.000 He brought you Bone Tomahawk with Kurt Russell so he knows how to do a gripping, authentic Western.

00:35:01.000 Go to dailywire.com slash Gina.

00:35:03.000 Help us uncancel Gina in full tonight. 1.00

00:35:06.000 Tune in tonight, 8.30 p.m.

00:35:07.000 Eastern for the pre-show, 9 p.m.

00:35:08.000 Eastern for the world premiere of the film.

00:35:10.000 Stick around for the Q&A following the film.

00:35:12.000 You have to be a member in order to access the film.

00:35:15.000 Head on over to dailywire.com slash Gina right now. 0.97

00:35:17.000 That is dailywire.com slash Gina.

00:35:19.000 You're listening to the largest, fastest growing conservative podcast and radio show in the nation.

00:35:22.000 So meanwhile, the Democrats trying to distract from the fact that they have an awful, awful president and they're probably going to have to run him because what is their alternative? 0.76

00:35:36.000 You're going to go to like Pete Buttigieg, whose main claim to fame is that he is both gay and went on paternity leave and also was a bad mayor of South Bend, Indiana. 0.95

00:35:36.000 Really? 0.95

00:35:44.000 This is the big pitch for your next presidential candidate.

00:35:47.000 Maybe Kamala Harris, who sits there. 1.00

00:35:49.000 I'm so proud of you, Joe.

00:35:52.000 The visceral response of Americans, by the way, is the same as my visceral response to Kamala Harris.

00:35:56.000 She is the worst politician I have ever seen. 1.00

00:35:58.000 It is not particularly close.

00:35:59.000 I mean, I didn't think it was possible to get any worse than many of the politicians we've seen over the past several years on right and left.

00:36:06.000 And Kamala Harris has set a new bar, man.

00:36:08.000 So this means they have to distract, right?

00:36:09.000 They have to make it about Trump.

00:36:11.000 And so they are going to talk about January 6th.

00:36:13.000 January 6th this and January 6th that.

00:36:16.000 They had more of their hearings yesterday.

00:36:18.000 The original big primetime special didn't do what they needed it to do, which was shift the conversation to Trump and January 6th.

00:36:25.000 And so yesterday they had more hearings.

00:36:26.000 And again, they've made promises that their body just can't cash.

00:36:29.000 They're writing checks that they can't cash.

00:36:31.000 Meaning that if these hearings were to mean anything, you have to prove that Donald Trump was actually involved in a conspiracy to overthrow the United States government via a mob that stormed the Capitol.

00:36:40.000 Not that he considered weird legal possibilities on January 6th.

00:36:45.000 Not that he was fibbing from November 4th to January 6th or lying from November 4th to January 6th.

00:36:50.000 I mean, all those things were out in public view.

00:36:52.000 We all knew a lot of these things, right?

00:36:54.000 These legal plans that he was putting forth about how Mike Pence could just throw out electoral votes and all the rest of this.

00:36:59.000 Like, that was in full public view.

00:37:00.000 What you actually have to show, if it's about January 6th, is that Donald Trump didn't just incentivize people to riot, or he didn't just give them a logical impetus to riot, but that he ordered them, that he coordinated with them, that he was involved in the attempt to quote-unquote overthrow the United States government.

00:37:16.000 And this is what Democrats keep claiming.

00:37:17.000 So, for example, Representative Bennie Thompson yesterday, he says, you know, the mob was sent by Trump.

00:37:22.000 Well, no, they weren't, and you're going to have to show evidence that they were.

00:37:27.000 Because what he said in that speech was, we want you to peacefully march to the Capitol and protest.

00:37:32.000 That's what he said.

00:37:34.000 I know you want to pretend that he said that you should storm the Capitol and hang Mike Pence, but he didn't actually say that.

00:37:38.000 Which is why he was never charged with criminal incitement.

00:37:41.000 Representative Bennie Thompson, they keep making claims that they can't actually justify here.

00:37:46.000 And listen, none of this undermines the fact that Donald Trump's behavior on January 6th and leading up to it was egregious.

00:37:52.000 But none of it is actually new.

00:37:53.000 If you're going to pretend that 2022 is about 2020, then you actually have to demonstrate that 2022 and the agenda of the Republican Party has something to do with January 6th, 2021.

00:38:02.000 And they've so far failed to do this.

00:38:04.000 There was Bennie Thompson, again, making a promise of evidence that he has yet to present.

00:38:10.000 This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy.

00:38:24.000 and attack on the American people by trying to rob you of your voice in our democracy.

00:38:30.000 And in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol sent by Donald Trump to stop the transfer of power.

00:38:44.000 Sent by Donald Trump to stop the transfer of power is the key there, because that would actually be a criminal act.

00:38:48.000 No one on the Democratic side has provided the evidence that a criminal act was actually performed You can talk about dereliction of duty during the hours when the riot was going on.

00:38:57.000 You can talk about the lies that Donald Trump told up to January 6th.

00:38:59.000 You can talk about all those things.

00:39:00.000 That's not what this committee is supposedly going to reveal to you.

00:39:04.000 So instead, they're just rehashing old stuff and hoping that it distracts everybody.

00:39:07.000 So they're saying that, for example, the big takeaways, according to Aaron Blake, writing for the Washington Post, he said there are four big takeaways from the hearings yesterday.

00:39:13.000 One, Trump was told that he lost the election, but he didn't care.

00:39:17.000 Hey, well, yeah.

00:39:19.000 And I mean, like, is this supposed to be new?

00:39:21.000 And we knew all of this.

00:39:23.000 So they showed evidence that Bill Barr was testifying that he had told Trump that there, but again, So?

00:39:29.000 Like, Bill Barr's been very public about the fact that he told Trump that the election had been lost.

00:39:35.000 At least not via voter fraud that could be proved.

00:39:38.000 This is not a shock.

00:39:39.000 And so they showed film of Bill Barr ripping the Dinesh D'Souza film 2,000 Mules.

00:39:43.000 Okay, so?

00:39:44.000 And?

00:39:44.000 I mean, he did that on my show too.

00:39:46.000 Like, this is not a secret.

00:39:48.000 My opinion then and my opinion now is that the election was not stolen by fraud.

00:39:58.000 I haven't seen anything since the election that changes my mind on that, including the 2000 mules movie.

00:40:08.000 Maybe you can assess that 2000 mules and people are talking about that.

00:40:12.000 Well, I mean, just in a nutshell, you know, I just think the GBI was unimpressed with it.

00:40:20.000 And I was similarly unimpressed with it because I think if you because I was holding my fire on that to see what the photographic evidence was.

00:40:29.000 OK, and listen, I went through 2,000 mules at length.

00:40:33.000 I talked to Catherine Engelbrecht, who's the person behind True the Vote, which provided all the data for 2,000 mules.

00:40:37.000 Bottom line here is that Barr is not saying anything that he hasn't already said publicly.

00:40:41.000 So what exactly is the committee hoping to find here?

00:40:44.000 According to Aaron Blake, here are the four takeaways.

00:40:46.000 Takeaway number one is that Trump was told, but he didn't care, which again, Trump has a unique capacity to convince himself of things that are not true.

00:40:54.000 I mean, he was tweeting out that Brian Kemp just won his gubernatorial runoff with David Perdue based on voter fraud, right?

00:41:04.000 has a unique capacity to find in his own mind things that he believes were true and then suggest that they were true.

00:41:10.000 More evidence that almost everyone knew Trump had lost.

00:41:12.000 Okay, again, this is not a shock.

00:41:14.000 Giuliani's time in the barrel, right, so that Rudy Giuliani was advising Donald Trump.

00:41:19.000 I mean, again, we all knew this.

00:41:20.000 Like, where's the meat?

00:41:22.000 I keep asking where's the meat because at a certain point you're going to have to show it or we're not going to believe you.

00:41:26.000 They brought out Jason Miller, who was heavily involved in the 2016 Trump campaign, to talk about how Trump was listening to drunk Rudy Giuliani.

00:41:33.000 Again, this is not particularly shocking.

00:41:35.000 I mean, did you watch Rudy Giuliani during this?

00:41:37.000 He was out there with lawyers who, like Sidney Powell, suggesting that there was going to be a Kraken released and he was standing in front of Four Seasons Lawn and Gardening instead of the Four Seasons Hotel.

00:41:50.000 And like, none of this is a shock.

00:41:53.000 But here is Jason Miller.

00:41:54.000 This is supposed to be the shocking testimony.

00:41:57.000 Was there anyone in that conversation who, in your observation, had had too much to drink?

00:42:05.000 Mayor Giuliani.

00:42:08.000 Tell me more about that.

00:42:09.000 What was your observation about his potential intoxication during that discussion about what the president should say when he's addressed the nation on election night?

00:42:22.000 And the mayor was definitely intoxicated, but I do not know his level of intoxication when he spoke with the president, for example.

00:42:32.000 Okay, so that was the other bit.

00:42:34.000 And then the final big revelation from Aaron Blake, from the Washington Post, is that Donald Trump took in an awful lot of money between the election and January 6th, and he used very little of it for legal maneuvers.

00:42:43.000 Which, again, I said at the time, this is not a giant shock.

00:42:46.000 Again, the fact that it's not shocking doesn't change the fact that what Trump did was wrong and wild, right?

00:42:52.000 The amount of legal bills incurred did not amount to the $100 million, $250 million, apparently, that Donald Trump was raising for his Super PAC committee.

00:42:59.000 It also happens to be that Super PACs By their very nature, have a lot of fungible cash, and they can use them for whatever they want.

00:43:05.000 So, I don't think that Donald Trump was using that in ways that his supporters would want him to use it.

00:43:09.000 Apparently, he was paying Kimberly Guilfoyle something like $60,000 for a two-minute speech at the January 6th rally, for example.

00:43:15.000 This was one of the big revelations yesterday at the hearing.

00:43:19.000 They brought out a legislative analyst named Amanda Wick, who basically laid forth what exactly Trump had done with all of this money.

00:43:26.000 The emails claimed the, quote, left-wing mob was undermining the election, implored supporters to, quote, step up to protect the integrity of the election, and encouraged them to, quote, fight back.

00:43:39.000 But as the Select Committee has demonstrated, the Trump campaign knew these claims of voter fraud were false, yet they continued to barrage small-dollar donors with emails encouraging them to donate to something called the Official Election Defense Fund.

00:43:53.000 The select committee discovered no such fund existed.

00:43:57.000 I don't believe there is actually a fund called the Election Defense Fund.

00:44:01.000 Okay, well the fact that there wasn't actually a fund called the Election Defense Fund doesn't mean that a super PAC couldn't give money to the Election Defense, right, or what they called the Election Defense.

00:44:08.000 Okay, bottom line here is that the January 6th committee, they have provided no evidence so far that really changes the game on what we already knew about January 6th in terms of what people already understood to be happening in the lead-up and during January 6th.

00:44:21.000 And that really doesn't speak to 2022.

00:44:22.000 So the Democrats' attempt to shift away from all of this is very unlikely to be successful.

00:44:29.000 And so when Dan Pfeiffer, Who is a former Obama official, he's over on Pod Save America now, and when he's not trying to shut down Daily Wire and claim that outlets not to his liking should be censored, he's appearing on CNN.

00:44:40.000 Dan Pfeiffer, he keeps making the actual argument that the left would like to make, which is that January 6th is shorthand for what's happening right now.

00:44:47.000 That dog ain't gonna hunt, because that's not what's happening right now.

00:44:51.000 The story here is a months-long, wide-ranging criminal conspiracy to overturn the election.

00:44:58.000 But we also have to project that forward, because January 6th is a shorthand for what is happening right now.

00:45:04.000 You had a Republican gubernatorial candidate in Michigan arrested in his house for participating in the insurrection.

00:45:09.000 You have a Pennsylvania gubernatorial candidate who ran on the platform of giving Pennsylvania's electoral votes to Donald Trump, no matter what the voters say.

00:45:18.000 This is a clear and present danger, and I think, as we think about what success means for these hearings, it is focusing the mind on what is coming, not just what happened.

00:45:28.000 Okay, well, it is not focusing America's mind on that.

00:45:30.000 In fact, the only thing that could focus America's mind back on January 6th is if Donald Trump runs again.

00:45:34.000 If Donald Trump runs again, there will be a rehash.

00:45:36.000 People will have to deal with this because, again, Donald Trump is very concerned about that.

00:45:40.000 And herein lies the danger for Donald Trump in another presidential campaign.

00:45:44.000 Donald Trump in 2016 successfully was able to channel Americans' outrage at Democratic governance and say, listen, the reason they hate me is because they hate you.

00:45:53.000 And that was a very successful line because many Americans in 2016 and even in 2020 believed that that was true, that the reason they were targeting Trump is not because they particularly hated Trump, but because they hated all the people who had voted for Trump.

00:46:03.000 They hated the deplorables.

00:46:04.000 They hated people who didn't think like they did on social issues.

00:46:07.000 They hated everybody who was not willing to kowtow to their cultural dominance, and then they voted for Donald Trump.

00:46:12.000 The problem right now is that most of those Americans still feel hated by the cultural institutions, as they should. 0.99

00:46:18.000 And Donald Trump is not defending them on those grounds.

00:46:20.000 He's saying, they hate me.

00:46:22.000 It's not about they hate you and I'm standing in their way.

00:46:24.000 It's they hate me, right?

00:46:26.000 They stole the election from me.

00:46:27.000 They're mad at me.

00:46:28.000 They're targeting me.

00:46:29.000 If Donald Trump makes 2024 about him, then the election will be about him, and then he will be in trouble.

00:46:35.000 The way that Donald Trump, if he wants to run again, is going to have to run is by removing his ego from the picture and instead becoming the defender of the Americans that he says he is defending, rather than a defender of his own prerogative, his own ego, his own narcissism.

00:46:47.000 If he does that, then he's... I don't even know that he wins the nomination if he does that, frankly, because I think most Americans are not thinking right now.

00:46:55.000 In the same way that the Democrats want you to think about 2020 and election 2020, I don't think most Americans, right or left, are thinking about that.

00:47:00.000 I think they're thinking about inflation.

00:47:01.000 I think they're thinking about the cultural degradation of the United States.

00:47:04.000 I think they're thinking about our feckless and moreless foreign policy.

00:47:08.000 I think that's what they're thinking about right now.

00:47:10.000 Now speaking of the devastating cultural destruction of our children, it is amazing, during this most prized time of the year, it's the most wonderful time of the year, it's Pride Month, LGBTQ plus minus divided by sign, ampersand, pound sign, hashtag, emoji. 1.00

00:47:29.000 It's that time of the year, it's magic. 0.97

00:47:31.000 Well, I think most Americans are beginning to see that there has been a rather striking move from, what we do in our own bedrooms is none of your business, leave us alone, to I'm going to put on a strap-on and I'm going to mimic masturbation in front of your children. 0.98

00:47:47.000 I think most Americans can see that.

00:47:49.000 The argument for leave us alone, privacy, consent, that argument radically changes when the idea is performative Sexual antics in front of children so as to induct them into the idea that all forms of sex are morally equivalent.

00:48:04.000 And that if you do not believe this, you are a bigot.

00:48:08.000 It's a striking shot.

00:48:09.000 Really, that is a rather shocking move that we have seen from the radical left in terms of the LGBTQ divided by sign community.

00:48:18.000 That is an unsustainable argument and it's going to have massive backlash attached and every video that comes out of major American celebrities doing this or every pride parade that features men in assless chaps Jiggling their nether regions before small children is going to create a backlash that I think people are not going to like very much.

00:48:37.000 So, for example, Christina Aguilera, who is looking rough these days. 0.93

00:48:41.000 Christina Aguilera shoots at the LA Pride Parade, where she donned a bejeweled strap-on, which is always just a delightful thing, and mimics masturbation. 0.90

00:48:53.000 This was an event open to all ages, so presumably there are minors in the crowd. 0.94

00:48:57.000 Here we go.

00:49:00.000 She's been blurred out. She's wearing a strap on and then she's mimicking masturbation. 1.00

00:49:04.000 Oh my god, so she's got another woman who is essentially on her knees before her. 1.00

00:49:19.000 And then she is going to uh... 0.99

00:49:25.000 She's going to mimic masturbating right now with her tongue out in front of a woman on her knees in front of her. 1.00

00:49:31.000 This is this is exactly the kind of stuff that I think that America's children should be exposed to. 0.98

00:49:36.000 Because if they are exposed to this sort of stuff, then presumably it will broaden their minds to the point where all their brains fall out.

00:49:41.000 Also, you'll have increasing rates of suicidal ideation among children if they are exposed to a ruleless and roleless society, which is precisely what you're seeing.

00:49:48.000 And it's being promoted by every cultural institution in America.

00:49:52.000 Pride parades are no longer the preserve of adults who are engaged in antics better relegated to the recesses of their boudoirs. 0.90

00:50:00.000 Instead, you have men with fake breasts attached to them, twerking in front of children. 1.00

00:50:04.000 This is a thing that happened at, I believe, again, the LA Pride Parade. 0.84

00:50:08.000 I believe this one is.

00:50:10.000 Here is, in front of a cop, by the way.

00:50:12.000 In all likelihood, this would have been arrestable for indecent exposure in any prior time.

00:50:17.000 But, um, here we go.

00:50:19.000 And here is a man, wearing devil horns, strutting over with fake breasts, and, uh, and trying to twerk on a police officer who's attempting to get away. 0.64

00:50:38.000 There are children who are right there in the crowd. 0.69

00:50:43.000 Isn't that delightful?

00:50:45.000 It's the best that America has to offer.

00:50:47.000 This is what Nancy Pelosi says.

00:50:49.000 And all of this is attached to a basic agenda, which is to, it is to go after kids, not for sexual pleasure, but to go after kids and to mold their minds in such a way that you have raised the next generation to believe all of the radical things that make you feel good about yourself, which is why it is rather important.

00:51:05.000 You have to see this as part of a broader left-wing movement to take your ability to raise your child away from you and through the mechanisms of social media and through the mechanisms of entertainment and through the mechanisms of of corporate America and schooling to essentially indoctrinate your kids in an alternative system of values that opposes everything that you wish to teach them.

00:51:26.000 That is the goal here.

00:51:28.000 And this is the most extreme form.

00:51:29.000 The less extreme form is, of course, Disney is releasing its new movie Lightyear this year.

00:51:34.000 It's coming out this week.

00:51:35.000 And they've decided to go on full on LGBT propaganda in the film.

00:51:39.000 So they actually have a lesbian kiss in the film between one of the kids.

00:51:42.000 This is an animated film made for small children.

00:51:44.000 And they're now adding in LGBT orientation lessons for small kids.

00:51:50.000 This is not a shock.

00:51:51.000 I mean, Disney has said they have a not-so-secret gay agenda.

00:51:53.000 That's according to producer Latoya Raveneau, who says that they are seeking to add queerness to children's programming.

00:51:58.000 The reason that you're doing this is not because you're seeking to protect the kids, but because you are seeking to indoctrinate the kids in a belief system that makes you feel better about yourself.

00:52:06.000 That is the goal here.

00:52:06.000 And this isn't just true on issues of LGBT.

00:52:08.000 This is also true on issues of race, which is why you have people like Ibram X. Kendi, who is a grifter extraordinaire. 0.96

00:52:13.000 I mean, this moral idiot is now writing books for small children, the goal of which is to indoctrinate them in the idea that America is systemically racist, and that racism is in the air all around you, and that children have to be thinking about race all the time, that somehow this is better for them. 0.93

00:52:32.000 So here is Ibram X. Kendi, I believe he's done Good Morning America, correct? 0.99

00:52:36.000 This is in CBS Mornings.

00:52:38.000 Who is talking about how his books teach children to see racism.

00:52:41.000 So normally what you want to teach kids is to treat everybody really well. 1.00

00:52:43.000 Like, my kids do not even understand racism because the idea that people should be treated differently based on their skin color is idiotic to them. 0.98

00:52:49.000 And by the way, I believe this has been the pattern in the United States for at least two generations at this point. 0.99

00:52:54.000 I mean, I was raised this way.

00:52:56.000 The idea was that there are kids in your class who look different than you, and so what?

00:53:01.000 I treat everybody as an individual, which is the essence of decency.

00:53:03.000 Ibram X. Kendi teaches precisely the reverse.

00:53:05.000 You're supposed to treat people as part of an essentialized race that has a status in American society, and thus we have to have different standards for everyone based on their immutable characteristics. 0.97

00:53:15.000 Here's Ibram X. Kendi promoting this garbage to children. 0.97

00:53:18.000 Now look at you and say, you're the racist, actually, Ibram Kendi. 0.99

00:53:20.000 I was watching someone on TV. 0.94

00:53:22.000 You're the one that's a racist who's promoting these ideas.

00:53:25.000 He's teaching everyone to see race as opposed to the opposite.

00:53:27.000 Exactly.

00:53:28.000 Well, I'm actually teaching people to see racism.

00:53:31.000 There's a difference.

00:53:32.000 Like, race is a mirage, but racism is real.

00:53:37.000 And it's, you know who's most likely to be harmed by racism?

00:53:41.000 Our children.

00:53:42.000 And you know who we're the least likely to engage about it?

00:53:45.000 Our children.

00:53:46.000 You know, that's what's really prevailing me to do this work.

00:53:49.000 What in the world does that mean?

00:53:50.000 Seriously, I want him to, like, explicate that.

00:53:53.000 Racism is most likely to affect our kids.

00:53:55.000 So what, they're supposed to become the chief activists?

00:53:56.000 They're children.

00:53:57.000 The goal is to protect children.

00:53:58.000 But no, for the left it's not.

00:53:59.000 It's to make them tiny activists. 0.98

00:54:01.000 The idea is that children are supposed to be tiny activists for their particular point of view.

00:54:04.000 Now, the argument that the left makes is, well, you know, you on the right, you also want to indoctrinate your children to your values.

00:54:09.000 That's right.

00:54:10.000 They're my kids.

00:54:11.000 They're not your kids.

00:54:12.000 They're my kids.

00:54:13.000 And not just that, the values that I'm seeking to teach my kids have been time tested over the course of several thousand years.

00:54:19.000 The values you're seeking your kids came directly out of your colon five seconds ago.

00:54:23.000 And now you're wishing to indoctrinate kids into an entire system of belief That is perverse and confusing to children.

00:54:29.000 And then we are wondering why exactly we have a massive increase in the amount of suicidal ideation and mental illness among kids.

00:54:37.000 Eric Kaufman has a pretty brave piece today over at Quillette talking about this, and he makes a point that I've been making for months on this program, which is that when you look at the skyrocketing rates of mental illness and suicidal ideation among teenagers, that is not disconnected from the sexual Anarchy that we have been promoting to small kids.

00:54:55.000 And when you remove all roles, all of the duties, all of the responsibilities, all of the rules surrounding children, what you end up with is kids who are confused, kids who don't know what to do with themselves, kids who are facing the prospect of their own changing biology with no tools to handle any of that.

00:55:13.000 And then you wonder why people are losing their minds, why kids are more suicidal.

00:55:17.000 You wonder why all this is happening?

00:55:18.000 Because you created it.

00:55:19.000 And you can see it in the stats.

00:55:21.000 We're all supposed to pretend that it was COVID.

00:55:22.000 It wasn't COVID.

00:55:23.000 It predates COVID.

00:55:24.000 We're all supposed to pretend that it has something to do with the animistic, A-N-O, animistic, atomistic society that we've created, but we're not supposed to actually explain how we got to this animistic society.

00:55:37.000 We're supposed to pretend that individualized sexual and sexual orientation and gender identity standards are not animistic in any way.

00:55:44.000 That's a communal thing.

00:55:46.000 No, it's not.

00:55:48.000 So, writes Eric Kaufman today in a very important piece over at Quillette, Will America be entirely gay in a few generations? 0.98

00:55:55.000 Will everyone be mentally ill? 0.84

00:55:56.000 It would appear so from a straight-line extrapolation of the stunning rise in both LGBT identification and mental illness among young Americans. 0.93

00:56:02.000 Let's begin with trends in sexual orientation among young people.

00:56:04.000 A recent Gallup survey found that roughly 20% of Generation Z Americans who have reached adulthood, those born between 97 and 2003, identify as LGBT.

00:56:12.000 That is nearly double the proportion of millennials who do so, while the gap widens even further when compared with older generations.

00:56:18.000 Abigail Schreier reports a 1,000-fold increase in trans identification.

00:56:23.000 Republican Congressman Marjorie Taylor Greene thinks this indicates there will be no straight people in a few generations.

00:56:27.000 Bill Maher lampoons the increase as a rebellious fad.

00:56:29.000 Progressives celebrate the rise as an electoral boom for the Democrats.

00:56:33.000 Other liberals view the rise as a product of increasing toleration, like left-handedness, right?

00:56:36.000 This is the chart that they'll send you when you mention the increasing rise in ID.

00:56:40.000 They'll say, well, you know, it used to be that society suppressed left-handedness.

00:56:43.000 Then it got rid of the suppressions and a lot of people identified as left-handed.

00:56:46.000 Yeah, the difference is that flattened out at like 7% of the population.

00:56:49.000 Didn't continue to rise generation on generation over time.

00:56:53.000 Says Eric Kaufman, of these responses, Mars is closest to the target.

00:56:56.000 A granular look at survey data on same-sex behavior and LGBT identity shows identification is increasingly diverging from behavior.

00:57:03.000 More importantly, those who adopt an LGBT identity but display conventionally heterosexual behavior are a growing and distinct group who lean strongly to the left politically and experience considerably greater mental health problems than the rest of the population.

00:57:14.000 In other words, you have a bunch of people Who are self-identifying as queer, who are actually just heterosexual, quote-unquote, cisgender people.

00:57:19.000 People who identify with the sex they were born into, and only have sex with people of the opposite sex, which used to be the statistical norm.

00:57:27.000 And those people are identifying as queer. 0.87

00:57:29.000 By contrast, and this is really an interesting contrast Derek Kaufman is drawing, those who engage in same-sex behavior are more politically moderate and psychologically stable than left-wingers who are now calling themselves LGBTQ but engaging in heterosexual behavior.

00:57:42.000 These facts sit awkwardly with the progressive view that the rise in LGBT identity, like left-handedness, is explained by people increasingly feeling they can come out of the closet because society is more liberal.

00:57:51.000 My analysis of these data raise another interesting question.

00:57:54.000 Has some of the increase in anxiety and depression among young people, like the LGBT identity surge, arisen from a culture that values divergence and boundary transgression over conformity to traditional norms and rules? 0.59

00:58:03.000 And then he goes through the data.

00:58:05.000 And the data is really, really compelling.

00:58:08.000 And he says, there's a serious issue thrown up by these trends, rising levels of anxiety and depression, especially among LGBT female and liberal young people. Derek Thompson's Atlantic article shows that over three and four LGBT identifying teens in 2021, so they felt persistently sad or hopeless as did 57% of female teens.

00:58:24.000 The 2021 GSS and 2020 Qualtrics survey I conducted show that very liberal young people are twice as likely as slight liberals, moderates and conservatives to say they have experienced depression and anxiety.

00:58:36.000 LGBT young people are 2.5 times more likely to report these symptoms.

00:58:40.000 This means there is a strong correlation between people's responses to three questions, sexual orientation, mental health, political beliefs.

00:58:48.000 In fact, a common factor accounts for almost half of the variation in the answers across all three questions, suggesting they heavily overlap.

00:58:56.000 Well, it can be difficult to pick causation and correlation apart.

00:58:58.000 There is one figure that is interesting.

00:59:00.000 The figure compares two separate groups.

00:59:01.000 Young women who report having slept with a woman over the past year and young women who did not sleep with a woman but identify as LGBT.

00:59:08.000 The data shows that the share of women who have had a same-sex partner does not differ a great deal in their ideology.

00:59:13.000 Around 3% of both liberal and conservative women reported a same-sex experience between 2008 and 2021.

00:59:17.000 There is a huge ideological difference, however, among women who have not had a same-sex partner but still identify as LGBT, which means it's a political identity, an identity that is directly aimed at Judeo-Christian value systems.

00:59:30.000 Turning to mental health, he says, I find the same pattern.

00:59:33.000 Women exhibiting same-sex behavior are far less different from the average than women who have conventional sexual behavior but identify as LGBT. 0.54

00:59:41.000 So, bottom line is this.

00:59:42.000 The progressive account that LGBT identification is like left-handedness, that persecution explains mental illness, that rising toleration leads to more people coming out, cannot account for the patterns in my data.

00:59:52.000 A more parsimonious explanation is that left-liberal culture, especially among young people, inclines people to identify as both LGBT and as having a mental health problem.

01:00:03.000 It may be that modern culture is, as Boston University's Leah Greenfield suggests, anomic.

01:00:06.000 That is, by breaking down established identity roles, narratives, and boundaries, it introduces dissonance, indeterminacy, and choice, increasing rates of identity crisis, and, by extension, psychological distress.

01:00:16.000 The rise in mental health problems is worse in the West than elsewhere in the world, reflecting the cultural specificity of mental illness.

01:00:22.000 In a recent article for the Wall Street Journal, Greenfield says, the more a society is dedicated to the value of equality, the more choices it offers for individual self-determination, the higher its rates of functional mental illness.

01:00:32.000 Equality inevitably makes self-definition a matter of one's own choice.

01:00:35.000 The formation of personal identity becomes a personal responsibility, a burden some people can't shoulder.

01:00:39.000 And you know who can't shoulder that burden?

01:00:40.000 Any of them?

01:00:41.000 Children.

01:00:42.000 You know who the left seeks to make those decisions?

01:00:45.000 Children.

01:00:46.000 That is why they are targeting children.

01:00:48.000 And anybody, by the way, who tries to cram this down on children is committing a sin.

01:00:56.000 One of the pieces of data that the left likes to cite all the time with regards to this sort of stuff is the idea, and it's not data, that if you give puberty blockers to children, that this somehow is going to make their lives better.

01:01:05.000 Cross-sex hormones, puberty blockers, is it going to make everything better? 0.99

01:01:08.000 Well, as it turns out, there's a brand new study from Heritage Foundation, Professor Jay Green, There's a senior research fellow at the Center for Education Policy, and he finds that actually lowering the legal barriers to make it easier for minors to undergo cross-sex medical interventions without parental consent does not reduce suicide rates, at least to higher rates of suicide among young people in states that adopt these changes.

01:01:28.000 Again, not a shock.

01:01:29.000 Confuse kids, and then give them the means to screw themselves up, and they will take it.

01:01:33.000 None of this is surprising, but you know what the media's angry at?

01:01:36.000 The media's angry at anybody who mentions this stuff, or at anybody who even offers the option to kids to get involved in societal institutions that have proved their worth over the course of centuries.

01:01:45.000 Which is why, for example, Sports Illustrated, which used to be a sports magazine and now is actually just a left-wing propaganda outlet that sometimes covers sports, They put out a cover of a coach named Joe Kennedy.

01:01:57.000 He's been a guest on this program.

01:01:58.000 Joe Kennedy happens to be a football coach who was fired for the great sin of kneeling for prayer.

01:02:02.000 You kneel for the American flag.

01:02:04.000 You can't kneel for prayer at a public school.

01:02:06.000 He kneeled for prayer after the games and some, and he didn't force any of the kids to join him.

01:02:10.000 And some of the kids came and joined him, even kids from the other teams.

01:02:14.000 And so the school district decided to fire him and he sued.

01:02:17.000 So, again, prayer in schools was allowed in the United States, like, as a matter of course, for the vast majority of American history.

01:02:25.000 But this wasn't even prayer really in school.

01:02:27.000 This was after the game, he would kneel.

01:02:29.000 And then he was fired for that great crime.

01:02:31.000 So Sports Illustrated put out a tweet.

01:02:33.000 At a prayer in court, SCOTUS will soon rule on the case of a public school football coach who wants to pray on field after games.

01:02:38.000 After games, Greg Bishop on Joe Kennedy, the machine backing him, and the expected result, a win for Kennedy and an erosion of a bedrock of American democracy.

01:02:47.000 See, according to the left, it is a bedrock of American democracy that we must not, we must not allow children to engage with any of the important things in American life.

01:02:57.000 That is a bedrock of American democracy.

01:02:59.000 In fact, we must cram down an alternative point of view.

01:03:02.000 There is no such thing when it comes to the education of children as value neutrality.

01:03:05.000 People on the right who believes that there is, they're wrong.

01:03:07.000 There's no value neutrality in the education of children.

01:03:10.000 The best you can do with regard to value neutrality, meaning we just put you there and you learn what you need to know, is if you actually restricted what was taught to reading, writing, math.

01:03:17.000 That would be value neutrality.

01:03:19.000 But so long as we are teaching anything remotely resembling values in the classroom, somebody is going to win and somebody is going to lose.

01:03:24.000 And right now, the people who are winning in the culture, in the educational system, in corporate America, the people who are winning are the people who seek to confuse and destroy your kids.

01:03:32.000 Those are the people who are on the ascendance in American society.

01:03:36.000 And so we shouldn't be surprised.

01:03:38.000 I mean, if you think that the rates of suicidal ideation have skyrocketed in the past couple of years, wait about five years.

01:03:44.000 Wait about five years when TikTok generation comes of age.

01:03:48.000 As those kids get older, the amount that those kids are going to be screwed up will be beyond... I mean, this is not just a suicidal culture that we are currently engaged in.

01:03:55.000 A culture where, again, you are expected to provide a defense of age-old, historic, proved, tried-and-true institutions.

01:04:02.000 You must defend those.

01:04:03.000 But nobody has to defend the idea that a boy can be a girl and you should pump cross-sex hormones into kids without parental consent. 0.96

01:04:09.000 That is a society that promotes suicide on the individual level.

01:04:12.000 But not only is it that kind of society, it's a society that does not want to survive.

01:04:16.000 This is a society in which we have basically decided that we are at the end of time.

01:04:20.000 And at the end of time lies a brave new world in which people are specifically devoted to genital pleasure above all else and the pleasure that comes from the celebration of your identity which can be shifting and movable and completely fluid from day to day.

01:04:35.000 And that identity is more important than the success of the civilization or the continuation of the civilization.

01:04:39.000 And after all, if there is no next generation, well, at least we'll have a big party at the end of this one.

01:04:44.000 And then, you know, whatever happens next, the earth will go back to the animals and the earth will grow green again and everything will be better.

01:04:52.000 And then there are those people who want to actually have humanity and important Western civilizations continue into the future.

01:04:58.000 Those are people who actually believe in all the rules, rules and necessities that kids need in order to live healthy and functional lives.

01:05:04.000 And they have to be opposing this garbage with every fiber of their being.

01:05:08.000 All right, we'll be back here later today with more content. 0.59

01:05:11.000 In the meantime, check out the Matt Wall Show.

01:05:13.000 It airs 1.30 p.m.

01:05:13.000 Eastern.

01:05:14.000 Be sure to check it out over at dailywire.com.

01:05:15.000 I'm Ben Shapiro.

01:05:15.000 This is the Ben Shapiro Show.

01:05:16.000 The Ben Shapiro Show is produced by the American Public Television Association.

01:05:23.000 On The Matt Wall Show, we talk about the things that matter.

01:05:48.000 Real issues that affect you, your family, our country, not just politics, but culture, faith, current events, all the fundamentals.

The Ben Shapiro Show - June 14, 2022

Biden’s Bear Market Arrives | Ep. 1514

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