The fallout from the Supreme Court decision that overturned Roe v. Wade continues, and Democrats are not sure what to do about it. They don t know what to say, and they don't know how to do anything about it, which is why they should be worried about something else. And that something else should be gold! Today's episode is a special bonus episode from the Ben Shapiro Show, where Ben explains why you should be investing in precious metals right now, and why you shouldn't wait until the stock market stalls out for the next decade. If you like what you hear here, please HIT SUBSCRIBE and leave us a rating and review on Apple Podcasts and other major podcasting platforms! You can also join our FB group, and join the conversation by using the hashtag on the Apple App Store or Google Play, and find Ben online here: Ben Shapiro's newest book, "The Dark Side of Politics" is available for pre-order now! The Dark Side Of Politics: How to Win at Your Local Political Party? is out now and won't be available for another limited-edition hardcover edition until November 2020! Watch the video version of the book on Amazon Prime and Kindle, starting on October 31st, only on Audible, wherever you get your Kindle Fire, iBook, Paperback, and Podchaser, and Audible Connections, wherever else you get a copy of the Hardcover edition of The Dark Lord's newest novelist edition of the Dark Lord of Conspiracy Theories and more than $99.99. Learn more about the book is available. You won't want to miss it? . Subscribe to the book and get 20% off the hardbound edition of Conspiracy Theory and more! Subscribe for a limited edition hardcover copy of The Good Mythical Goodie Box Set? The Good Lord Goodie box set? It's also available for $99 or $99, and get an ad-free version of The New York Times paperback edition, Only $99 and a maximum of four months of The Testaments, $99 at $99 Goodie Goodie and a lifetime, plus two other limited edition of $99 other places get $50, plus shipping and shipping discount, shipping only $50 Shipping and shipping plans are also available worldwide, plus a limited shipping options, including a $24 shipping plan, shipping plans, and a limited promo only $32,000 shipping plan?
00:00:00.000Not a single major Democrat will condemn the leak of a Supreme Court opinion overturning Roe.
00:00:04.000Joe Biden says the Trump base is the most extreme political organization in American history, and the Federal Reserve boosts interest rates a full half point.
00:00:23.000Defend your rights at expressvpn.com slash ben.
00:00:27.000So, we'll get to all the news in just a moment, including the Federal Reserve finally realizing that inflation is really, really, really bad, but then not doing enough to bring it down.
00:00:50.000Now to play catch up, the Fed has been raising rates.
00:00:51.000They plan to raise rates seven times this year.
00:00:53.000You're already starting to see those ripple effects in the housing market as people's buying power diminishes.
00:00:57.000Have you considered what could happen in the stock market if our economy stalls out?
00:01:00.000In fact, there was a piece in the Wall Street Journal Just a couple of days ago about the idea that perhaps the stock market might stall out for the next decade.
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00:01:42.000The fallout from the late Supreme Court decision that would overturn Roe v. Wade continues.
00:01:47.000Democrats are not really sure what to do about it.
00:01:49.000Because on the one hand, they believe that the momentum is with them.
00:01:52.000They believe that the vast majority of Americans are in favor of Roe being upheld.
00:01:56.000And they look at the polls and what they see is that the vast majority of Americans are not in favor of abortion being completely banned.
00:02:01.000The problem for them is that when you look below that top line number, what you see is that a huge number of Americans are in fact in favor of pretty significant restrictions on abortion, particularly in the last couple of trimesters.
00:02:12.000And this runs directly counter to their entire agenda.
00:02:16.000They have to suggest that abortion is going to be banned across the country like today, which, of course, As a pro-lifer, I wish, because if you consider abortion to be the mass killing of the pre-born, then you would hope for that sort of thing.
00:02:27.000But realistically speaking, that is not what is on the table.
00:02:30.000Abortion is going to be widely available and legal in every major blue state.
00:02:34.000It's going to be partially legal and available in many of the purple states.
00:02:37.000And in deep red states, it's going to be essentially banned.
00:02:40.000That is the way that this is going to break down.
00:02:42.000And that means that it is not really a federal electoral issue.
00:02:46.000Because once it becomes just a question of states implementing what their voters suggest, you're not going to get people to vote for federal Congress or federal Senate or the presidency based on that sort of policy.
00:02:57.000Because again, it is a state-by-state issue.
00:03:00.000Which means that if you are really concerned with that issue, you're going to go to the state legislature.
00:03:03.000You're going to vote for the governor based on it.
00:03:04.000You're going to vote for all of the state-level local politicians.
00:03:07.000You're not going to do that for the federal government.
00:03:09.000Democrats right now are looking down the barrel of a 2022 election that's going to be awful and terrible for them.
00:03:14.000And they are looking for an issue that is not inflation, that is not the economy, that is not crime.
00:03:18.000They're looking for issues that are not illegal immigration or even Ukraine.
00:03:21.000They're looking for something that is going to galvanize their base and get them out to the polls.
00:03:26.000As I mentioned yesterday, The argument that you should go out and vote for liberal politicians on the federal level because Roe versus Wade is going to be overturned is now predicated on a series of hypotheticals.
00:03:39.000And people don't vote based on hypotheticals.
00:03:41.000They don't vote based on contingencies.
00:04:19.000But there are a huge number of women who have not in fact had abortions and do not plan on getting abortions and plan on getting married and plan on having children without ever getting an abortion.
00:04:26.000And don't feel that this is actually top of the heap issue.
00:04:48.000If you look at the various pro-life positions in the states, the hardcore pro-life position, the position that I take, which is that you should not have an abortion, you should be barred by law from having an abortion post-conception, unless the mother's life's in danger.
00:05:02.000That position is held by a certain number of Americans.
00:05:06.000That position is also not going to be implemented in the vast majority of states.
00:05:10.000It's going to be implemented in probably 13 to 15 states.
00:05:13.000Then there's the Democratic federal position.
00:05:15.000The Democratic federal position, which they wish imposed top-down federally, and they have no problem using the law to do it, and it is part of their platform, is extreme in the other direction.
00:05:26.000And when I say it's extreme, I mean their position is openly, you should be able to abort a child up to point of birth.
00:05:31.000That is the Democratic Party platform.
00:05:35.000He does not believe in late-term abortion restrictions.
00:05:38.000Now, if forced to choose between those two positions, abortion at any point up to birth and significant restrictions on abortion at point of conception, one of those arguments looks a lot more moral than the other argument.
00:05:50.000And this is a serious problem for Democrats.
00:05:51.000There is an actual moral imbalance here, arguing that a woman and her doctor should be able to plunge a knife into the head of a nine-month-old baby in the womb minutes before it enters the birth canal.
00:06:02.000That turns out to be a really ugly moral argument, significantly uglier than the moral argument that every child deserves a chance to live and that human life with potential ought to be protected.
00:06:13.000And those arguments do not have the same moral weight.
00:06:15.000And so when Democrats claim that Republicans are extreme on abortion, This is not a winning argument for them specifically because their own positions on abortion are really, really, really extreme.
00:06:24.000All right, in just one second, we'll get to Joe Biden, who actually argues that folks who supported Trump are the most extreme political organization in American history, which is, you know, he's old enough to remember most of American history, if he still had a functioning prefrontal cortex.
00:08:48.000There is the Confederacy, which literally attempted to split off from the Constitutional Union in the United States in order to preserve slavery.
00:08:56.000There is the Weather Underground, which bombed federal buildings routinely throughout the 1960s and 70s.
00:09:02.000I mean, I would say Black Lives Matter last year, creating billions of dollars in damage around the country based on a lie that America's police are systemically racist.
00:09:10.000It's a pretty extreme political organization.
00:09:12.000In fact, I could name you dozens of political organizations more extreme than the current day Republican Party, which again, its positions were considered just a mainstream center about 15 years ago.
00:09:24.000I mean, if we're talking about extreme political organizations in the United States, you shouldn't be talking about the Republican Party, you should be talking about the Democratic Party, which is a very, very extreme political organization.
00:09:34.000Again, this is a political organization that maintains abortion to point of birth as its platform.
00:09:39.000This is an organization that now maintains that boys can be girls and girls can be boys, and that fifth-graders, that five-year-olds, six-year-olds should be taught this.
00:10:10.000What happens if you have a state change the law saying that children who are LGBTQ can't be in classrooms with other children?
00:10:22.000Is that legit under the way that the decision is written?
00:10:25.000The, really? Jen Psaki was asked directly about this yesterday and she had no answer for it.
00:10:31.000Because of course, nobody has actually proposed such a thing. Like that's, that's just, no one has proposed such a thing. Again, he's now going into hypotheticals based on hypotheticals based on nothing. My favorite thing about Joe Biden though, is that Joe Biden can't even make an argument pro-abortion argument without stumbling into making a pro-life argument.
00:10:49.000So yesterday, he was talking about the right to abortion.
00:10:51.000This is the most Orwellian nonsense to spill out of the face hole of this doddering fool in at least the last seven minutes.
00:11:01.000This is about a lot more than abortion.
00:11:03.000I hadn't read the whole opinion at that time.
00:11:06.000But this reminds me of the debate with Robert Bork.
00:11:10.000Bork believed the only reason you had any inherent rights was because the government gave them to you.
00:11:16.000If you go back and look at the opening comments of the Bork Biden, when I was questioning him as chairman, I said, I believe I have the rights that I have, not because the government gave them to me, which you believe, but because I'm just a child of God, I exist.
00:11:32.000I delegated by joining this union here to delegate some obligations, some rights I have to the governments for social good.
00:11:43.000So he has a right delegated to him by God as a child of God because he exists.
00:11:55.000Why that sounds almost like a basic pro-life argument.
00:11:59.000A child of God, you exist, therefore you have the right, like for example, not to be killed in the womb.
00:12:07.000And he's arguing that as a child of God, because he exists, he has the right to kill another child of God that exists.
00:12:15.000That's the argument Democrats are making.
00:12:17.000And don't worry, it's the other guys who are extreme.
00:12:30.000We'll get to the Biden administration doubling down on abortion up to point of birth in just one second.
00:12:35.000First, simple fact of the matter is, rich people, they have opportunities to invest in ways that you don't.
00:12:39.000I mean, that is just the reality of the situation.
00:12:41.000I know, because I'm one of those people.
00:12:43.000I can invest in things like hedge funds.
00:12:44.000That actually requires a certain income level.
00:12:45.000You have to sign documents saying that you want to invest in hedge funds.
00:12:49.000But there are certain investment opportunities you didn't have access to before that now you should be able to have access to like fine art, right?
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00:13:44.000Meanwhile, the HHS secretary Xavier Becerra, he says the Biden administration is going to double down to protect abortion again.
00:13:50.000If they want to run on this, really, please go for it.
00:13:53.000Please explain why you are attempting to protect, for example, late-term abortion, which is wildly unpopular by every available poll.
00:14:02.000Whenever you hear folks on the left say, this many people approve Roe, that's because people don't understand what Roe does.
00:14:06.000They think that when Roe ends, all abortion across the country is automatically banned, which is not true.
00:14:10.000That it doesn't go to the state level, it's just automatically banned federally.
00:14:14.000They'll say, the vast majority of people, they're in favor of freedom on abortion.
00:14:19.000Well, it really, really, really depends on the stage and which area of the country you're in.
00:14:24.000They never want you to look below the top line.
00:14:25.000The problem is that no matter what they say about the polls, the polls are still the polls, and people still believe what they believe.
00:14:30.000So if they believe that taking extreme positions in the pro-abortion direction are going to be a big political winner for them, and this is actually going to drive people to the polls in their favor, you know, go for it.
00:14:41.000The Department of Health and Human Services is not in the business of stripping Americans of access and protections to care.
00:14:48.000So at HHS, we will double down on our authorities to protect every American's right and access to reproductive health care, including abortion.
00:14:58.000And by the way, how crazy are Democrats on this particular issue?
00:15:02.000There's an abortion bill that Chuck Schumer is about to bring up for a vote.
00:15:05.000It creates a right to abortion through all nine months of pregnancy in all 50 states.
00:15:10.000The bill's chief sponsor in the Senate acknowledges, according to National Review, the legislation does not distinguish between physical and mental health.
00:15:17.000The text of the bill explicitly instructs the courts to liberally interpret the legislation.
00:15:21.000There's no question that this would now amount to basically abortion across the board, guaranteed by the federal government for all nine months.
00:15:27.000But don't worry, it's the right that's extreme.
00:15:29.000By the way, the right is so extreme that the right actually condemned the leak of the decision.
00:15:33.000The left does not condemn the leak of the decision.
00:16:02.000I mean, right now you have people who are smashing cop cars in L.A.
00:16:04.000over this, so you'd imagine that there might be somebody who's very extreme and or crazy.
00:16:10.000And imagine for a second that that person sees that there is a draft opinion that has five votes, not six, five votes on the Supreme Court to overrule Roe.
00:16:19.000Don't you think that it might put a Supreme Court justice's life in danger to leak the opinion before the vote actually comes down?
00:16:25.000Because the vote, again, is only official when the opinion comes down, because the vote is on the opinion.
00:16:32.000So, God forbid, put aside the possibility of assassination, God forbid, but what would happen right now if one of the five justices who voted in favor of the Dobbs versus Mississippi draft opinion from Alito, one of them died, God forbid, what would happen?
00:16:46.000Then, presumably, the court would be split 4-4, and you would not get an overruling of Roe.
00:16:51.000So, that logic might go through the head of somebody out there who thinks, okay, if I do something violent and terrible, Then I can stop history where it stands.
00:17:01.000I can actually stop this decision from going through.
00:17:03.000It is actively dangerous to leak this sort of stuff.
00:17:14.000And again, you don't have to be pro the decision in order to condemn the leak.
00:17:19.000You can say that this decision is terrible and awful and we hate it and we want to overturn it and we're going to use whatever we can do within legal means in order to stop it and fight back.
00:17:28.000You can do all of that and still the Democrats cannot bring themselves to condemn the leak because the Democratic norms crowd, they don't give two...
00:19:25.000I encourage them to run on their extreme pro-abortion position because it's not that they are arguing that there should be some restrictions, but not total restrictions on abortion.
00:19:35.000If they were arguing that, they could argue that in their home states.
00:19:37.000Like, there's this weird irony where all of these bizarre blue state governors who are super, super liberal on abortion, who want abortion across all nine months, are ranting and raving.
00:21:01.000You have Gavin Newsom now saying, if men could get pregnant, I have been reliably informed by no less an authority than you, Gavin Newsom, you Ken doll of a human.
00:21:10.000I've been informed by you that men can get pregnant.
00:21:13.000I've been informed by the Biden administration that we have to start transitioning five-year-olds because after all, we have to gender affirm them.
00:21:51.000He was asked about his abortion policy.
00:21:54.000Remember, he's running in Ohio, which is now a red state.
00:21:58.000If you think they're going to be able to run on Roe and win, I give you Tim Ryan.
00:22:04.000As senator, would you have any limits on abortion?
00:22:08.000Look, I think what we had established in Roe is something that we can continue to work with, and I think those can be the parameters.
00:22:15.000But then again, if you get rid of what was established law, which in many ways was conservative, to keep that, to appreciate stare decisis and make sure we appreciate The law, if we move away from that, you're going to get states like Ohio that have some of the most extreme laws in the whole country, where if you're a young girl and you've been raped or there's been incest, the state, the government, is going to force you to bring that baby to term.
00:22:45.000And I just don't think that's a fundamental value.
00:22:48.000My question was about any limits to abortion at any point.
00:22:56.000Look, you gotta leave it up to the woman, because you and I sitting here are a bunch of...
00:23:02.000Well, you and I sitting here can't account for all of the different scenarios that a woman dealing with the complexities of a pregnancy are going through.
00:23:14.000But don't worry, the Republicans are the extremists.
00:23:16.000The media are now attempting to wish-cast this into a talking point for Democrats, that the end of row is going to swing the polls behind Democrats.
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00:24:46.000So, you have pieces at places like the Washington Post by Michael Scherer.
00:24:49.000In draft abortion ruling, Democrats see a court at odds with democracy.
00:25:09.000So, the Supreme Court says, you now get to vote on abortion.
00:25:13.000And Democrats are like, that's anti-democratic.
00:25:16.000According to the Washington Post, for nearly half a century, Republicans have railed against unelected judges making rulings they claim disenfranchise voters from deciding for themselves what laws should govern hot-button issues.
00:25:26.000But since the release this week of a draft Supreme Court opinion that would overturn the long-standing constitutional right to abortion, Demo— Okay, first of all, never was a constitutional right just made up.
00:25:36.000Democrats have been the ones embracing that complaint, flipping the script as the party vents its frustration with elements of the U.S.
00:25:41.000system that have empowered a minority of the country's voters to elect lawmakers who have successfully reshaped the high court.
00:25:46.000So again, the complaint from Republicans is that judges are disenfranchising voters, and now that voters are re-enfranchised, Democrats are claiming that voters are being disenfranchised.
00:25:58.000House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer denounced the apparent conservative majority behind the draft opinion as in no way accountable to the American people.
00:26:06.000Jamie Raskin described them as handpicked and gerrymandered by theocrats and autocrats.
00:26:10.000Elizabeth Warren cast the document as the culmination of a conservative effort to gain a majority on the bench who had accomplished something that the majority of Americans do not want, as though the Supreme Court of the United States is now supposed to be a democratically elected body answerable to public opinion.
00:26:22.000That is directly the opposite of what any judiciary is supposed to do.
00:26:26.000You wouldn't do this with regard to a criminal court.
00:26:28.000Criminal court makes a decision to, for example, not give the death penalty to somebody.
00:26:33.000Would you want the braying mob outside making that decision?
00:26:35.000The whole point is that a judiciary is independent of the people who are outside the courthouse.
00:26:41.000With that majority likely to last for the foreseeable future, the critique from the left that the court's rulings are not only misguided, but also evidence of a deeper rot within American democracy has become a recurring theme.
00:27:03.000The Washington Post, also trying to gin up women.
00:27:06.000Joanna Slater, Emily Wax Thibodeau, Sarah Fowler, and Karen Brulier have a piece at the Washington Post titled, For Women, Despair and Joy as Overturning of Roe Appears Imminent.
00:27:16.000The news rippled across the country like a shockwave, passing through living rooms, bedrooms, dinner conversations, and university dorms, leaving American women in disbelief.
00:27:25.000Lauren Book said when she heard the news, she sat her five-year-old daughter on her lap, held her close, and began to weep.
00:27:30.000I thought to myself, oh my God, said Book 37, a Democratic state senator in Florida, this is a different world for her.
00:27:36.000Okay, so first of all, don't invoke God when you're talking about killing babies.
00:27:39.000Also, it's weird for you to hold your five-year-old daughter that you bore in your body and then pass into this world.
00:27:46.000As you weep about why women should not be allowed to kill their babies.
00:27:52.000Ma'am, that time when the Bible overturned the child sacrifice to Molech, that must have been really hard on the women who were very interested in the child sacrifice to Molech.
00:28:14.000A majority of American women, 62%, believe abortion should be legal in most or all cases, according to a Washington Post-ABC News poll conducted this week.
00:28:23.000Okay, but, again, actually the vast majority of Americans believe there should be some fairly significant restrictions on abortions in the United States.
00:28:33.000So, right now, for example, 36% of Americans support laws that would prevent Abortions, even in the first six weeks of pregnancy.
00:28:47.000How many Americans believe that it should be like, okay, all the way up to birth?
00:28:54.000I mean, the number of Americans who believe that you should be able to have an abortion all the way up to birth is really, really, really low.
00:28:59.000The answer is most Americans are somewhere in between.
00:29:02.000But that's why we get to vote on the issue.
00:29:04.000So, the Democrats are trying to gin up the quote-unquote war on women rhetoric.
00:29:08.000The problem is that nobody actually really believes that, except for a hardcore base of college-educated white liberal women.
00:29:15.000That is the contingent that the Democratic Party is always catering to.
00:29:19.000So, the media are going to start with the pressure tactics.
00:29:21.000So, the pressure tactics are, of course, directed against corporate America.
00:29:25.000So immediately, immediately upon this decision leaking, you start to see the media call up various corporations and attempt to cudgel those corporations into doing their dirty work for them.
00:29:36.000This is what they have done on every single major political issue of the last 20 years.
00:29:41.000We don't like a law in Florida about preventing the indoctrination of small children into gender ideology.
00:29:46.000Let's get Disney on the phone and let's force them to do what we want them to do.
00:29:50.000We don't like a voter ID law in Georgia.
00:29:51.000Let's get MLB on the phone and let's force them to do what we want them to do.
00:29:55.000And now you have the Washington Post and CNBC all printing articles about how are major corporations going to deal?
00:30:01.000How are major corporations going to deal with any state law?
00:30:03.000They're just going to hire where they want to hire.
00:30:05.000And then if you want to get an abortion, you're going to go wherever you can get an abortion.
00:30:09.000According to the Washington Post, after state abortion fights, corporate America braces for end of row.
00:30:15.000Or are they just going to deal with it?
00:30:17.000In recent months, Apple has offered to cover medical expenses for workers in Texas who have to travel out of state to seek abortions.
00:30:23.000Salesforce has offered to relocate workers from the Lone Star State where a restrictive abortion law took effect this year.
00:30:27.000On Monday, Amazon said it would cover $4,000 in travel costs for U.S.
00:30:30.000workers seeking medical care, including elective abortion and transgender surgery.
00:30:35.000The cautious first steps by companies in response to new state-level laws on abortion and LGBTQ issues highlight the unprecedented nationwide challenges businesses could now face.
00:31:05.000The news this week caught corporate America off guard, resulting in a barrage of worried emails and phone calls trailing into the night as corporate officials grappled with the realization that the slew of state abortion laws were simply dress rehearsals for a bigger nationwide policy shift.
00:31:18.000The communication with corporate parties has been non-stops at Jen Stark, senior director at Terra Health Foundation, an investment firm focused on gender and racial equality.
00:31:26.000Companies that were gearing up for impact in June are feeling the reality set in now.
00:31:31.000Well, I mean, here again is the reality.
00:31:33.000The entire cultural infrastructure of the United States, from the federal government under Joe Biden, to state governments in major blue areas, to the media, to institutional investors, all of them have been pushing forward with a left-wing agenda and trying to cudgel shareholders and corporations that represent those shareholders into repeating the nostrum of the far left.
00:31:53.000This has been a common pattern we've talked about.
00:31:59.000Okay, well, if these woke corporations wish to interfere in state law, then they will presumably have to be involved in the political process.
00:32:06.000And it turns out there are consequences to that now.
00:32:10.000Article from CNBC, major companies, including Disney and Walmart, keep largely silent as leaked Supreme Court abortion draft sparks outrage.
00:32:17.000This is, by the way, again, just the bully tactic.
00:32:18.000The bully tactic is we're going to yell at corporations that have nothing to do with the state legislative policies at issue here.
00:32:26.000According to CNBC, As protesters gathered and politicians scrambled to speak out, the country's largest corporations remained largely silent Tuesday after a leaked draft of a Supreme Court decision indicated conservative justices are poised to overturn Roe.
00:32:38.000Dozens of companies, including Walmart, American Airlines, and Disney, have yet to issue statements or respond to CNBC requests for comment.
00:32:44.000The Business Roundtable, a trade group made of top CEOs, said in a statement it does not have a position on this issue, which is the appropriate response.
00:32:50.000Of course, corporations should not have a statement on specific state abortion laws.
00:32:54.000Do they have a statement on New York's abortion laws that allow you to kill a baby until the baby's 97 years old?
00:33:06.000This has nothing to do with their core business.
00:33:09.000You can see the media trying to cudgel all these people into place.
00:33:11.000This, by the way, is the salutary effect of Ron DeSantis saying to Disney, if you stick your head up, and if you decide that you're going to become a tool of the left, we will treat you as such.
00:33:19.000We'll treat you as a political actor in the political space, and if you have special magical tax benefits the state of Florida has granted you, you can play by the same rules as everybody else.
00:33:28.000This is why corporations are getting shy, because here's the reality.
00:33:30.000You think all these CEOs of these corporations want to speak out on these issues?
00:33:53.000So this bully tactic from the left, I don't think that's going to work either.
00:33:56.000I think they're going to have to make their case in the court of public opinion, and they're only going to be successful in blue states.
00:34:01.000And that is not going to help them on the federal level.
00:34:05.000The media are trying to gin up alternative arguments.
00:34:08.000And again, these are very bizarre alternative arguments.
00:34:12.000My personal favorite argument you hear from the left on the pro-abortion side is that unless the GOP supports nationalized health care, cradle-to-grave welfare programs, a vast bevy of government spending programs, we get to kill all the babies.
00:34:29.000It's like saying that unless you offer homeless shelters, we have to create government-sponsored beds for every homeless person in America.
00:34:38.000And if we don't, we get to kill the homeless.
00:34:41.000Like, that is the equivalent of the argument here.
00:34:44.000Because here is the argument that they actually make.
00:34:46.000Hey, there's a woman named Leila Cohen, a TV and film writer for Bridgerton, which means that she is a political genius.
00:34:54.000And this human, her tweet has 416,000 likes.
00:35:00.000If it was about babies, we'd have excellent and free universal maternal care.
00:35:03.000You wouldn't be charged a cent to give birth, no matter how complicated your delivery was.
00:35:07.000If it was about babies, we'd have months and months of parental leave for everyone.
00:35:10.000If it was about babies, we'd have free lactation consultants, free diapers, free formula.
00:35:13.000If it was about babies, we'd have free and excellent childcare from newborns on.
00:35:16.000If it was about babies, we'd have universal preschool and pre-K and guaranteed after-school placements.
00:35:21.000Um, well, I mean, there are arguments pro and con each of those policies, but it seems to me that you're arguing that unless you get all of those policies in place, you get to kill the baby, which is a weird argument.
00:35:35.000Unless I have universal pre-K, and you pay for all my birth expenses, and you pay for all of my bills, and you take care of my baby, and you adopt my baby, and you bring it into your home, I get to stab it in the face.
00:35:49.000And that, like, you can argue for or against any of these policies.
00:35:52.000I think universal pre-K is a complete waste of money.
00:35:55.000I also happen to think that parents should be incentivized to take care of their own children because children do best when cared for by their parents.
00:36:02.000And parents should make responsible decisions about when to get pregnant.
00:36:05.000And parents should also earn on behalf of their children.
00:37:39.000First, right now, now is an excellent time to pay down your bills at the lowest interest rates possible, because those interest rates are about to rise.
00:37:46.000This goes for credit cards, mortgages, anything that has a rate tied to it.
00:37:49.000You still have access to rates near record lows.
00:37:51.000But that is not going to last for long because the Federal Reserve is now raising rates and they're going to continue to raise rates all the way across the year.
00:37:56.000So you need to get in under the wire like right now.
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00:39:32.000In the end, for the left, it just comes down to unbridled rage.
00:39:34.000It just comes down to screaming at the sky because they don't really have any great moral arguments in favor of abortion.
00:39:39.000The arguments in favor of abortion are really, really scanty.
00:39:42.000This is why the best arguments that the left makes are all about fringe cases.
00:39:45.000They'll say, well, what about the kid with Tay-Sachs?
00:39:48.000What about the mother who was raped or was the victim of incest?
00:39:51.000And if you said to people on the left, OK, fine, you know what?
00:39:55.000I may disagree, but we'll make a deal.
00:39:57.000The deal is, all of those edge cases, you get to consider abortion, we won't make it illegal.
00:40:07.000They're arguing at the fringe because they can't argue at the center.
00:40:10.000They can't argue that elective abortion ought to be morally legal throughout all nine months of pregnancy.
00:40:14.000There's no way to argue that in any sort of moral way.
00:40:17.000And so what it comes down to is just rage.
00:40:19.000And again, the reason that it comes down to rage, I said this yesterday and I repeat it today, the reason it comes down to rage, this argument, is because it goes to the center of the left-wing worldview.
00:40:27.000The center of the left-wing worldview Is that there should be no relationship between actions and consequences.
00:40:59.000Because according to the left, all things in the world that affect me badly are injustices and need to be rooted out by the system.
00:41:05.000And so the system has to allow for me to damage, yes, unborn, like the most innocent people on planet Earth, babies that have not yet been born.
00:41:13.000You need me to be able to damage that so we can establish full equality between men and women.
00:41:16.000Because after all, men don't get pregnant, but women do get pregnant.
00:41:18.000Except when sometimes men get pregnant and sometimes women don't get pregnant.
00:41:21.000But other than that, We need full equality of the sexes, even though men and women are different in many different ways.
00:41:28.000When we say equality, we don't mean equal rights.
00:41:30.000When we say equality, we mean that men and women ought to be exactly the same.
00:41:34.000And pregnancy prevents that because it's a biological reality.
00:41:38.000When we say that parents ought to have a duty to their kids, that is an imposition.
00:41:41.000That is a societal role imposition that infringes upon your sense of authenticity.
00:42:12.000Now they're more honest because the left wing worldview does believe There should be no restrictions on your ability to define the world around you, including by redefining away human life within your own womb.
00:42:23.000It's an amazing, this is why they're so angry.
00:42:26.000You have Dr. Roxane Gay with a piece today titled, It's Time to Rage.
00:42:29.000Well, I mean, at least they're just saying it now.
00:42:32.000And then she talks about a case of pregnancy by incest.
00:42:38.000And again, the reason that they talk about rape and pregnancy by incest is because they cannot talk about the core of the issue.
00:42:46.000She talks about the fact, Roxanne Gay, that she was sexually assaulted by several young men when she was 12, and she was worried that she was pregnant.
00:42:53.000She said, If I had been pregnant, I don't know what I would have done.
00:42:59.000The trauma I endured would have only been compounded by a forced pregnancy, and the trajectory of my life, too, would have been further altered.
00:43:05.000In a stunning draft of a Supreme Court ruling that would overturn Roe v. Wade, the Justice's plan to overturn Roe The fact that it was leaked is telling.
00:43:13.000Whoever leaked it wanted people to understand the fate awaiting us.
00:43:16.000And this, this is what I am telling myself.
00:43:18.000And thank God somebody did so we know, so we can prepare, so we can rage.
00:43:24.000The left's conflation of all quote-unquote bodily autonomy issues with rape and incest demonstrates that they are not good faith discussion actors in this particular area.
00:43:36.000Which is the possibility of so many civil rights being rolled back is terrifying.
00:43:40.000Millions of Americans now wonder which of our rights could be stripped from us, our friends and family, our communities.
00:43:45.000A great many of us are desperately trying to hold it up.
00:43:49.000And then Roxane Gay, who is, in fact, a lesbian, she talks about how she's very afraid that the Supreme Court might overrule Obergefell.
00:43:55.000Now, I said on the show yesterday, and people got very angry at me, that a Supreme Court worth its salt would overrule Obergefell.
00:44:00.000Which, by the way, would return the issue to the states, where gay marriage would still be legal in a vast majority of states.
00:44:05.000Public opinion has been moving in favor of same-sex marriage in pretty much every state across the nation over the course of the last few years.
00:44:11.000Now, the Supreme Court is not going to overrule Obergefell.
00:44:13.000In fact, Justice Alito goes out of his way, I believe no less than three times in the opinion, to basically say they're not overruling Obergefell.
00:44:19.000And again, Neil Gorsuch, who literally wrote transgenderism into the Civil Rights Act of 1964, ain't voting to overrule Obergefell.
00:44:26.000But the point here is that even when gay marriage was not federally constitutionally protected, which is like all of human history, it turns out that gay people were living together in the United States for decades before that, and had marital privileges via civil unions in a huge number of states, and were able to be same-sex married in a variety of states in this country before Oberg fell.
00:44:49.000So again, this sort of alarmism is completely unjustified, and this is why they have to conflate it.
00:44:52.000They have to say, well, this abortion decision, it's really about rape.
00:45:14.000It's... By the way, go ahead and riot.
00:45:18.000I mean, pro-choice rioters were arrested over the course of the last couple of days.
00:45:21.000Officers were escorting hundreds of protesters from the federal courthouse at Broadway and First to Pershing Square, protecting their right to protest.
00:45:28.000Many gathered in an intersection blocking traffic.
00:45:31.000When asked to disperse, some started throwing bottles and rocks at officers.
00:45:34.000At least one officer was injured at that point.
00:45:37.000Also, protesters reportedly hit the hoods of police cars.
00:45:40.000Officers then struck them with batons and an unlawful assembly was declared.
00:45:46.000Meanwhile, Stephen Colbert, of course, the greatest and wisest of our comedic voices, he was very upset about this also, because after all, the rule is, by the way, you're not allowed to speak about this if you're a man.
00:45:54.000Unless you're a man who repeats the lies of the left, in which case you're totally allowed to speak about it.
00:45:58.000So here's Stephen Colbert, who technically is a man.
00:46:01.000If these folks believe that Roe v. Wade was so egregiously decided, why didn't they tell the senators that during their confirmation hearings?
00:46:09.000Well, because American voters support abortion in all or most cases at 80%.
00:46:15.000They knew that if they were honest, they wouldn't get the job, so they lied, which I think is perjury.
00:46:27.000Okay, first of all, this argument has also been trotted out, is that the Supreme Court justices said that Roe was precedent, or quote-unquote, super precedent.
00:47:04.000This is, yes, I'm sure that you're very upset about the so-called dishonesty.
00:47:07.000The reason that people have had to say that they respect Roe is because the Supreme Court process becomes so politicized.
00:47:13.000Okay, meanwhile, in other major news, there's what the left thinks people are going to vote on, and then there's what the left, then there's what people are actually going to vote on.
00:47:21.000So the left thinks people are going to vote on abortion come November.
00:47:26.000You may get a couple of stray congressional candidates on the right who make ill-timed or ill-prepared remarks on abortion and then end up losing seats.
00:47:41.000I present to you as evidence the fact that essentially abortion has been illegal in the state of Texas for the last eight months and no one cares.
00:47:48.000Like really, there's been no wave election in Texas.
00:47:50.000There's been no Democratic upsurge in Texas.
00:47:52.000Beto O'Rourke is going to lose by one million points in his gubernatorial race.
00:48:36.000Meanwhile, there's a reason why Tim Ryan, the Democratic nominee for Senate in Ohio, when he's not preaching abortion all the way up to his birth, which he literally says in Ohio, when he's not saying that, he won't actually answer whether he wants Joe Biden to campaign with him.
00:48:52.000This is what people are going to vote for in 2022.
00:48:56.000You welcome everybody, Congressman, but I heard you in an interview today really not answer if you want President Biden on the campaign trail in Ohio, the sitting president of the United States.
00:49:09.000My answer was I want to be the face of this campaign and I don't want any distractions and I want to be the face and the voice of this campaign and I don't want any distractions.
00:49:19.000I don't need anybody to prop me up like J.D.
00:49:21.000Van Steen to drag him over the finish line.
00:49:22.000Even from the sitting president of the United States of your party, right?
00:49:45.000Meanwhile, the Federal Reserve seems to be kind of postponing the pain, which is a very strange move.
00:49:51.000So yesterday, the Federal Reserve approved a half percentage point increase rate in the 50 basis point increase in the Fed funds rate.
00:50:00.000This is the largest single rate increase since the year 2000.
00:50:02.000They also announced plans to shrink their $9 trillion asset portfolio starting next month in a double-barreled effort to reduce inflation running at a four-decade high, according to the Wall Street Journal.
00:50:11.000The moves were announced after a two-day policy meeting on Wednesday that will raise the central bank's benchmark federal funds rate to a target range between 0.75% and 1%, which is still very low historically.
00:50:21.000Together, the steps marked most aggressive at Fed tightening a monetary policy at one meeting in decades, aimed at rapidly reducing the economic stimulus that has contributed to major rising price pressures.
00:50:31.000The Fed usually raises interest rates in quarter percentage point increments, last raised rates by a half point in 2000.
00:50:37.000Now Jerome Powell, they seem to want to split the baby here, which is really, I think, a problem in terms of their economic policy.
00:50:46.000The fact is when you have inflation running this hot, minor little moves like increasing point five points, that ain't gonna do it.
00:50:53.000And they are talking about slowly selling off a lot of these assets, slowly selling off this $9 trillion portfolio of assets to try and take money out of the economy.
00:51:04.000They're doing half measures because they're deeply afraid that they're going to tip the economy into recession.
00:51:07.000Instead, they're just going to keep letting inflation run hot.
00:51:10.000So they're just doing this too slowly.
00:51:12.000Jerome Powell, for his part, he's happy talking this thing.
00:51:15.000So the Federal Reserve Chairman, who presided over the biggest inflationary spike in four decades and is still at the helm, which is kind of insane, Jerome Powell yesterday, he said the economy is still doing fairly well.
00:51:25.000Don't worry, there's no risk of recession.
00:52:00.000So we're only going to raise the interest rates like a little bit and then we are going to take it real slow because you don't want to tip the economy into recession.
00:52:08.000And then, Powell admits inflation is much too high, but raising the rate 50 basis points ain't going to lower inflation to the extent necessary.
00:52:16.000And when inflation was running really high during the Carter administration, Paul Volcker had to bring the interest rates in the United States up to like 20%.
00:52:23.000Right now, we are talking about whether we raise it to 0.75 or 1.
00:52:29.000It's not going to tamp down the inflation.
00:52:30.000It's just going to continue inflationary monetary policy.
00:52:33.000I mean, right now, The simple fact is, it is still unbelievably cheap to access credit.
00:52:39.000And even if the Fed overnight rate is .75 or 1, given the inflation rate, that's still a negative interest rate.
00:52:46.000Because, after all, if you don't take out the money, the inflation rate is just eating away at your savings.
00:52:51.000So you should be borrowing to spend, right?
00:52:53.000Again, none of this is going to cool down the overheated economy.
00:52:56.000Here is Jerome Powell acknowledging inflation is much too high.
00:53:01.000Inflation is much too high, and we understand the hardship it is causing.
00:53:06.000And we're moving expeditiously to bring it back down.
00:53:09.000Against this backdrop, today the FOMC raised its policy interest rate by a half percentage point, and anticipates that ongoing increases in the target rate for the federal funds rate will be appropriate.
00:53:20.000Okay, so again, they keep saying they're going to do this slowly, and I don't know that slowly is going to get the job done, which is why inflation is going to continue to run hot all the way through the election.
00:53:27.000Meanwhile, Janet Yellen, the Treasury Secretary, she actually says that the Biden inflationary crisis is evidence of huge success.
00:53:34.000This is the Wall Street Journal CEO counsel saying this is actually evidence of how great our economy is that we have this really high inflation.
00:53:41.000When you look at the labor market now, and you see the state that it's in, this is really a measure of huge success.
00:53:52.000Households are in good financial shape.
00:54:15.000We don't have any labor market problems because we've injected so much money into the economy.
00:54:19.000Actually, the inflation is good evidence that everything is going absolutely well.
00:54:23.000And by the way, don't worry, no other currency is going to supplant us.
00:54:26.000Now, she may be right that no other currency is going to supplant us, but that ain't because we're doing a great job with the currency.
00:54:32.000We want to know why people have fled generally more and more into places like Bitcoin.
00:54:36.000The reason is because people are looking for some sort of hedge against your garbage monetary policy.
00:54:40.000The best guarantor of the American dollar right now is the fact that all other countries are taking their idiotic economic lead from us.
00:54:47.000If there are countries smart enough to actually not devalue its own currency and spend government money out the wazoo, if there's actually a country smart enough to lower its own income tax rates and corporate tax rates and governmental regulations down to close to nil, they would eat everybody's lunch right now.
00:55:03.000So she's counting on the kindness of strangers.
00:55:05.000And maybe the rest of the world will continue to be incredibly stupid.
00:55:08.000But I wouldn't bet on that in the long term.
00:55:10.000Here's Janet Yellen betting on it in the long term.
00:55:13.000There are very good fundamental reasons based on The strength of the U.S.
00:55:18.000economy, the stability of economic management, the liquidity of our markets, the safety of the dollar, our rule of law and institutions that make the dollar an important reserve currency.
00:55:39.000I don't see any other currency at this point that could begin to rival that.
00:55:44.000I mean, she is correct, again, and that is because countries like China have pursued really bad economic policy.
00:55:50.000However, that doesn't mean that if you continue to pursue bad economic policy, there won't come a point where, in fact, the reserve currency shifts.
00:55:57.000It used to be the British pound was sort of the guarantor of everything.
00:56:00.000So this notion that because things have been a certain way, they will forever be that way is a pretty dumb idea.
00:56:06.000It's particularly dumb because, again, Janet Yellen is basically counting right here on the rest of the world wrecking its own economy so that we can continue to wreck ours.
00:56:13.000So she says that what we really have to stop is countries improving their business climate.
00:56:20.000What we've seen over decades is a race to the bottom in terms of corporate tax rates.
00:56:27.000One country lowering tax rates to attract businesses and others responding.
00:56:36.000And I think putting an end to that unhealthy competition so that All countries have some ability to raise revenues, but raise the revenue that we need to invest in our economy, in infrastructure, in investment, in people, to make our economy productive.
00:57:02.000So what she's talking about right here is the fact that the Biden administration has attempted to cudgel every other country into imposing a bottom-line 15% corporate tax rate, because we want to raise our own taxes.
00:57:10.000So what we have to do is now essentially collude with other countries in preventing there from being a friendly business climate.
00:57:16.000If there were one country, honestly, one major country on earth that radically lowered its corporate tax rate, and that instead of trying to suck money out of the system, actually said to companies, come here and locate here, they would.
00:57:28.000Why do you think so many companies right now are locating in Singapore?
00:58:08.000And again, eventually somebody is going to get wise to this.
00:58:11.000So she is counting on the idea that no one will ever get wise to this and that we will just continue to blow out the spending because everybody else will do.
00:58:21.000By the time that the election comes around, inflation is still going to be a problem.
00:58:25.000In the next two and a half years, there will be a recession in this country.
00:58:29.000At some point in the next 10 years, there will be a country worth its salt that realizes that there is a world of business activity available to it if they just don't go along with the collusive stupidity of the Euro-American compromise policy that suggests high corporate tax rates are a way to improve your economy.
00:58:47.000And when that happens, the dollar will be in trouble.
00:58:50.000You're playing with fire when you just assume everyone else is going to be an idiot forever.
00:58:53.000And that seems to be the current policy of this administration and many of our quote-unquote economic experts.
00:58:57.000Alrighty, we'll be back here later today with an additional hour of content.
00:59:00.000In the meantime, go check out one of our newest podcasts, Morning Wire.
00:59:03.000On today's episode, they report on L.A.' 's failure to clean up homeless encampments.
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