Ben Shapiro explains why corporate America is becoming more and more woke, and why it's time to stop paying the big guys to do what they used to do and start paying the little guys. He also explains why we should listen to people who have never built a popsicle stand, because they don't have the same level of authenticity as the people who do, and that's why they have no idea what they're doing. Today's show is sponsored by PureTalk, a company that's going to save the average family over $800 a year on their cell phone bill. Puretalk is simply smarter wireless, and you can still save a fortune. Head on over to Puretalk.com, enter promo code SHAPIRO to get 50% off your very first month of coverage. That's $50 off your first month and you'll save 50% of your total monthly bill! You can't get much better than that! PureTalk is a smarter way to get a better deal on your cell phone service, and it doesn't even have to cost you a dime! You get unlimited talk, text, and 6GB of data, just 30 bucks a month, or you can get unlimited data and you get unlimited access to all the latest and greatest features you ve been looking for! And you'll still save $100 a month on your favorite streaming service, like Netflix, Amazon Prime, Vimeo, and pretty much everything else you could ever dream of! It's all going to be better than what you've ever dreamed of. . Learn more about your ad choices, anywhere else on the internet. Rate, rate, and get 10% off of it! Rate, review, and subscribe to the show, and rate and review for the best deals on the best deal on the most amazing places in the world, anywhere you get a chance to get the most personalized experience in the whole world, including the most authentic experience and more! Subscribe to become a supporter of the show? Rate and review the show on Apple Podcasts, and comment on the show that s all the best reviews, reviews, and more like it's getting better than you can vlogs, the ultimate review and the most awesome reviews on the podcast that s going to help you decide what you care about it, the best place to listen to the best of it all, the realest place on the whole place that s getting the most of it, realest of it.
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00:01:29.000Well, the increasing woke-ization of corporate America is really quite troubling because there used to be all these corporations and we just used to shop and we didn't have to worry about what the political priorities of the corporations were.
00:01:40.000We didn't have to worry about whether they were attempting to indoctrinate our children into woke sexual values or critical race theory.
00:01:47.000We didn't have to worry about how they were using our money to lobby against our most deeply held values.
00:01:55.000And the reason it's a priority is because the woke have hijacked these major corporations and used them to their own ends.
00:02:00.000And honestly, there's something incredibly leech-like about all of this.
00:02:04.000People build businesses, people like Walt Disney.
00:02:06.000He builds a business, one of the biggest businesses on planet Earth, through sheer creativity and appealing to broad audiences of people.
00:02:12.000And then his corporation is taken over by a group of radicals who never could have started a business anything like this on their own.
00:02:19.000They just see a giant whale and they plunge their radical harpoons into the whale and then they attempt to steer that whale in the direction they wish to take it.
00:02:26.000And so you have all of these people who've never built a popsicle stand.
00:02:30.000Suddenly taking control of multi-billion dollar corporations in order to promote their left-wing values.
00:02:36.000Under the rubric of stakeholder capitalism saying, well, you know what?
00:02:39.000We understand that it may not be in Disney's best interest as a company to alienate, you know, every parent in America, but as...
00:02:46.000Stakeholders all over the place have a stake in what it is that Disney does.
00:02:50.000And that's why we should listen to people who have never built a Popsicle stand.
00:02:54.000Because those people are representative of others who are outside the business, who may not even go to Disney, who may not even shop at Disney, who may not take their families, who may not have families.
00:03:04.000The broad spectrum of humanity requires us to do the right moral thing as we see it and as we define it.
00:03:11.000And so what you have is a bunch of people who, again, don't build things because here's the thing.
00:03:15.000When you build things, you have to be responsive to the market.
00:03:17.000The market is going to dictate what you can and cannot do.
00:03:20.000The market is going to dictate whether anybody buys your product.
00:03:23.000And so what that means is that you are restricted in some ways from being who you are.
00:03:27.000Authenticity is not the chief mechanism by which markets work.
00:03:32.000The market doesn't care about your level of authenticity.
00:03:33.000It cares about whether you provide a good or a service to me at a price I wish to pay.
00:03:43.000If they're like Daily Wire, we have our principles, and then we find an audience.
00:03:47.000But that's because we're an explicitly political company.
00:03:49.000If you're Disney, and you're explicitly apolitical, becoming political is an attempt to take something that was not political and then politicize it and make it political, and do so on the back of the people who actually built the prosperity, which is really ungrateful and kind of ugly, frankly.
00:04:05.000If you walk into a billion-dollar corporation, or a corporation like Disney spends tens of billions of dollars every year on entertainment, And your chief goal is, how do I take this behemoth that has served hundreds of millions of people all over the globe and then pervert it from my own political point of view?
00:04:21.000It's kind of unseemly at the very least.
00:04:44.000Because Abigail Disney Mirrors all of the woke values that the left loves, which means that she will be left with her $150 million fortune and nobody bothering her.
00:05:02.000To go after the Florida parental rights in education law, and to go after Christopher Rufo, the reporter who had the temerity to reveal tape from an all-hands meeting at Disney, in which top executives at Disney vowed that they would ideologically groom your children.
00:05:19.000So, Abigail Disney began this long Twitter thread by getting very angry at Chris Rufo, because Chris Rufo tweeted out, We are waging moral war against Disney.
00:05:27.000We are directly targeting their public reputation.
00:05:29.000We are turning half of their customers against them.
00:05:31.000He's saying this because, of course, he's making people aware of what people at the top of Disney say they will do with their own content.
00:05:36.000You know how much it takes to turn me, a huge Disney fan, against Disney?
00:05:41.000Actually, you know what it takes to turn me against Disney?
00:05:44.000All of their top executives vowing that they will indoctrinate my children in values that I think are wrong.
00:05:49.000So Disney never would have hired anyone like Abigail Disney for like virtually all of its existence because Abigail Disney has no qualifications.
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00:07:00.000So here's what Abigail Disney, who again, created zero of the success of Disney, but her last name is Disney and she did inherit a lot of wealth.
00:07:06.000Here's what she had to say, quote, like all radical ideologues, the right wing has finally run amok and is coming to devour the hand that feeds it.
00:07:13.000So first of all, let me just point out, Abigail Disney does not get to complain about devouring the hand that feeds it.
00:07:19.000She is rich because she had a great uncle who founded a massive company.
00:07:26.000She has done zero productive things, as far as I'm aware, in her entire life.
00:07:31.000And she's using that lovely perch in order to rip against the company that created her wealth.
00:07:38.000Which is, for my part, I am delighted.
00:07:39.000It is the business world that has been either by act or omission feeding the opportunist right wing to distract us with culture war nonsense while they rifle the till and empty everyone's pockets.
00:07:50.000Okay, this is one of the things that the left likes to say, which is that it's the right that has declared the culture war.
00:07:55.000As we've discussed, it is the left that declared the culture war.
00:07:57.000There has not been a right-wing social move in the United States of any magnitude for the last several decades.
00:08:02.000She says this anti-woke right-wing nonsense is unsupported by a large majority of Americans.
00:08:08.000The Florida Parental Rights and Education Bill is backed by a majority of Democrats.
00:08:12.000As long as they know what's in it, a majority of Democrats back it.
00:08:15.000Abigail Disney, however, being out of touch and very wealthy, says, in fact, most Americans are offended by it and wish it would just go away.
00:08:22.000She says you need two things to rule with minority.
00:08:23.000First, you need to be constantly looking for fresh meat to throw to the minions to keep them riled up all the time.
00:09:14.000Or they compartmentalized, like sociopaths, when they funded folks like Dennis Baxley, who wrote the hateful Don't Say Gay Bill because, as the CEO claimed, he had no way of knowing he might vote for legislation like that.
00:09:27.000Their silence brought us Donald Trump.
00:09:28.000Apparently the racism and xenophobia and misogyny weren't deal breakers.
00:09:31.000Their silence, or at least willingness to compartmentalize when it came to politicians who were willing to fight for their outrageous and multi-decade campaign to stack the deck against the American people brought us this whole raft of Trump wannabes now casting about for new and more insidious ways to tear the country apart.
00:09:47.000She says, so now that the right wing and business agenda might actually be showing signs of parting ways, perhaps we might see the powerful lobbies of the various industries wondering which party was truly interested in supporting their interests.
00:09:56.000Perhaps we will see lobbies lose faith in the devil's partnership they until now have relied so heavily upon to look after their subsidies, tax breaks, flouting of law and regulation.
00:10:04.000Perhaps the right wing has finally bitten the hand that has been feeding its superfoods these last few decades.
00:10:10.000And then she says that authenticity, generosity, joy, and decency were the heart and soul of the Disney brand.
00:10:15.000Okay, well, I was unaware that the heart and soul of the Disney brand was feed LGBTQ plus minus I-A-M-N-B-V quotation mark ampersand.
00:10:26.000Feeding that propaganda to small children was the Disney way.
00:10:29.000I was unaware that this is what Walt Disney Company was founded upon.
00:10:31.000If it had been founded upon that, it would not exist today, period.
00:10:34.000She says, the cure for this isn't hard.
00:10:37.000It also just happens to be the heart and soul of the Disney brand.
00:10:39.000Disney has everything it needs to fight this threat.
00:10:41.000If it only it will have the courage to weather the slings and arrows and threats and name calling.
00:10:44.000If only leadership will check in with first principles.
00:10:47.000If only they will show us that as a company that trades on the American right now, when it matters most of all, it will stand for those values with every fiber of their being.
00:10:54.000Disney is so much bigger, means so much more to the American people than that little punk Chris Rufo can ever hope to mean.
00:10:59.000Except of course, that Abigail Disney is the one who is wildly out of touch, and Disney was not founded on any of the values that she promulgates.
00:11:40.000Now, the fact that I even note this, this is the game the left likes to play, the fact that I will even note this shows, ah, Shapiro, so outraged about the Oreo cookie ad.
00:11:48.000I'm not outraged by the Oreo cookie ad.
00:11:53.000I'm outraged by the stupidity of the Oreo cookie ad because, again, they make cookies.
00:11:59.000And all they seem to want to do these days is alienate people who disagree with them on pretty contentious political issues by becoming advocates for radical left-wing positions.
00:12:07.000Again, I keep mentioning they're a cookie company because this is kind of the equivalent of during the Black Lives Matter riots when Gushers came out and made a statement about Black Lives Matter.
00:12:15.000Like, oh, well, I was waiting to hear what Gushers had to say.
00:12:17.000I was waiting to hear what the cookie that is mostly famous for being dipped in milk has to say about coming out.
00:14:13.000All major corporations must be made to bow before Whatever is the radical left-wing ideology of the day.
00:14:20.000And this is one of the great threats to the American way of life, is the attempt to take corporations, which should be answerable to their shareholders, and turn them into weapons on behalf of left-wing ideologies.
00:14:32.000I talk about this a lot in my last book, The Authoritarian Moment, The Woke Capitalism Agenda.
00:14:37.000Vivek Ramaswamy has written about this extensively, has a book called Woke Inc.
00:14:41.000And he talks at Barry Weiss's Substack about this just a couple of months ago.
00:14:44.000He says, Joe Biden has called conventional or shareholder capitalism a farce, saying corporations have a responsibility to workers, community, to the country.
00:14:51.000Elizabeth Warren's accountability capitalism calls for higher wages and greater employee involvement in selecting boards of directors and making political contributions.
00:14:58.000Al Gore has said that as the value of socially conscious capitalism gains traction, investors who fail to take it into account may be at risk of violating their fiduciary duty to their clients and presumably vulnerable to lawsuit.
00:15:09.000Says Vivek, nor is stakeholder capitalism limited to politicians or progressive activists.
00:15:13.000America's most powerful CEOs have embraced it.
00:15:15.000In late 2019, the Business Roundtable, a lobbying group representing the country's biggest corporations, announced it was revising its statement of purpose with an eye toward stakeholders.
00:15:23.000Jamie Dimon, the chairman and CEO of JPMorgan and the chairman of the Business Roundtable, wrote in a follow-up article in Time, quote, Capitalism has been the most successful economic system in history, but we can improve upon it to help solve society's problems and lift up more people.
00:15:38.000Here's what stakeholder capitalists miss.
00:15:40.000Once corporations become vehicles to further an agenda other than shareholder value, they become vehicles to advance any agenda, even including those of foreign adversaries.
00:15:47.000So, for example, the Chinese Communist Party has become a key stakeholder in many American multinationals, from Nike to Visa to BlackRock.
00:15:54.000It's now flexing its muscles in ways that strengthen China's interests at the expense of American ones.
00:15:59.000Okay, so the simple fact is that the minute that you say, it's stakeholders everywhere who have a stake in what Disney does, not just the shareholders.
00:16:05.000At that exact point, things start to get extremely ugly for the future of these companies.
00:16:11.000Because now they are not being run by people who are interested in the success of the companies.
00:16:15.000They're being run by people who are willing to watch the success of the companies go completely sideways so that they can push a particular political agenda.
00:16:24.000So the takeover of Corporate America is really quite devastating, not because corporate America was right-wing.
00:17:20.000Each kit includes everything you need to safely pack and send your recorded moments, including safety stickers for every single item.
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00:17:58.000And well, the good news is that the pushback is now beginning.
00:18:00.000So Elon Musk, today, he announced that he had bought 9.2% of Twitter.
00:18:06.000According to the Washington Post, Elon Musk became the largest shareholder of Twitter on Monday, setting the platform up for a potential political showdown over its efforts to limit harmful content, efforts the firebrand Tesla chief executive has indicated that he sees hastening a turn toward censorship.
00:18:20.000His surprise investment comes days after questioning the company's commitment to free speech, While it was not immediately clear what role Musk plans to play, analysts speculated he might try for an activist restructuring that could change the way Twitter polices its platform as well as who it banishes.
00:18:38.000Some inside Twitter worry that Musk may push Twitter in a libertarian direction.
00:18:42.000Oh, you wouldn't want a free speech platform to be pushed in a libertarian direction, obviously.
00:18:48.000They're afraid he may push Twitter away from blocking or restricting accounts that cause social harm, according to people familiar with internal conversations who spoke on the condition of anonymity to describe sensitive matters.
00:18:58.000Just days after Twitter banned former President Trump in the wake of the Capitol insurrection, Musk wrote on Twitter, quote, a lot of people are going to be super unhappy with West Coast high tech as the de facto arbiter of free speech.
00:19:08.000Some Twitter employees and experts fear Musk's involvement could also push the company further into chaos after years of investor activism and the sudden departure of former chief executive Jack Dorsey.
00:19:18.000Musk has a 9.2% stake in the social media company, which was disclosed in an SEC commission filing, and sent shares up 27%.
00:19:26.000His stake is worth nearly $2.9 billion, and now dwarfs that of Jack Dorsey, who owns 2.3% of Twitter.
00:19:35.000Dan Ives, the managing director at Wedbush Security, said Musk's passive stake could be just the beginning.
00:19:40.000Rather than starting a competing social media platform, it looks like Elon has his eyes laser-set on Twitter.
00:19:45.000Ives estimates that Musk, the world's richest man, will eventually pursue an active stake and take a much more aggressive role.
00:19:52.000And of course, Musk tweeted just last month, quote, given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy.
00:20:29.000It's a fantastic move on behalf of the country, which requires a more open discourse.
00:20:35.000I'm happy to see the fact that when it comes to Disney, families are now announcing that they are canceling Disney trips, which they should.
00:20:41.000Now when it comes to Disney openly saying that they are going to mainline a bunch of left-wing propaganda into children's programming, people should think twice about whether they wish to consume Disney products.
00:20:52.000And they should think twice about whether they maybe want to take a look at some of the Daily Wire programming or other programming.
00:20:57.000Whether they wish to redirect their dollars.
00:21:01.000According to the Daily Wire's Mary Margaret Olihan, She reports on a bunch of different families who've been canceling.
00:21:09.000One resident of Orange County said, quote, it saddens me to think that the magic that was part of my life and my wife's life will not be part of theirs.
00:21:14.000But he says the only way we can effectively voice our opinion to a company like Disney is to refuse to do business with them.
00:21:19.000For us, that means canceling Disney Plus, canceling Disney Movie Club, deleting Disney Insider membership, boycotting any and all creative works put forth by Disney.
00:21:27.000Can't even pity a company for making such a poor decision when they have enough clout to do whatever the hell they want.
00:21:31.000And this is the direction they've decided to move in.
00:21:34.000And again, I think there are tons and tons of parents who are moving in this direction.
00:21:39.000Lots of parents are taking a second thought and a second look at whether they wish to be the people who are sponsoring this sort of content.
00:21:47.000It is only the pushback that is going to change the math here.
00:21:49.000And the pushback needs to happen in every area.
00:21:51.000Because as the woke win, society gets a hell of a lot worse.
00:21:55.000And we've talked before about the fact that when it comes to, for example, transgender women, meaning biological males competing with women in women's sports, that until women stand up, there's not a lot men can do.
00:22:06.000I can tell you that I think it's a terrible idea for Leah Thomas, a dude, to compete with the ladies.
00:22:11.000I can tell you that until I'm blue in the face.
00:22:12.000But as long as women continue to get in the pool and pretend that Leah Thomas is, in fact, a woman who should be racing against them, I can't be more stringent on your behalf than you are on your own behalf.
00:22:22.000So I was glad to see, for example, that, according to Daily Wire, a biologically male cyclist who now identifies as female was barred from competing in a women's championship race this weekend following threats of boycott from female competitors.
00:22:33.000Emily Bridges, who formerly competed against men as Zach Bridges, was cut from the Women's British National Omnium Championship on Saturday.
00:22:40.000That would have been Bridges' first race against women.
00:22:42.000The athlete only began hormone therapy last year, according to the BBC.
00:22:47.000Bridges was only determined to be ineligible to compete by the UCI after women threatened to boycott the race.
00:22:52.000The Guardian reported that Bridges, who set a national junior men's record over 25 miles in 2018, had been due to compete against several British Olympians, including Dame Laura Kenny in her first race in the women's category, meaning his first race in the women's category.
00:23:06.000But the UCI ruled that the 21-year-old was not currently compliant with its regulations, as she is still registered as a male cyclist and therefore cannot compete as a woman.
00:23:14.000The Guardian noted that UCI's decision came amid a growing backlash from within the sport, but The Guardian understanding a number of female riders were talking about boycotting the event, which is exactly what should happen.
00:23:24.000The pushback is all that is going to save the country at this point.
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00:25:08.000Every way they push back is dumber and dumber.
00:25:10.000Okay, so CNN, they continue to push the idea that if you just don't want your small children sexually indoctrinated at the age of five, this is because you're a bigot.
00:25:19.000So here's yet another chyron from CNN, the most trusted name in news and reliable sources, the most reliable of all the sources with Brian Stelter.
00:25:26.000Here's the chyron from the other day, quote, focus on parental rights, chips away at gay rights.
00:25:32.000Is this a battle that gay Americans really want to have?
00:25:35.000Do gay advocates really want to go to war with parents?
00:25:38.000Do they really want to say that parents, who outnumber gay Americans by an extraordinary measure, really are threatened by gay rights to the point where we have to curb parental rights in order to make room for the agenda of the Gay and Lesbian Alliance Against Defamation, or PFLAG?
00:25:54.000Or whatever woke employees at Disney have to say this week.
00:25:57.000Is this really the direction that they want to go?
00:26:00.000Because if so, they are going to lose.
00:26:02.000And yet the politicians keep doubling down on this, the Democratic politicians.
00:26:05.000So for example, Eric Adams is presiding over a city where people are routinely being pushed in front of subways.
00:26:10.000And Eric Adams decided to tweet out I kid you not, a poster just filled with the word gay in multi-colored fonts.
00:26:27.000No one's ever heard the word gay before.
00:26:29.000And he tweeted out, quote, New York mayor announces a new digital billboard campaign in five Florida markets denouncing the hateful don't say gay law and inviting Floridians to move to New York.
00:26:38.000And it says on this poster, quote, Come to the city where you can say whatever you want.
00:26:43.000New York City loves you with the rainbow flag.
00:26:46.000And then he says, we have a message for Florida's LGBTQ plus community.
00:26:53.000So first of all, anybody who falls for this, please, I agree.
00:26:56.000Seriously, if you believe that Florida is a hellscape because we wish to protect small children from predations of leftist social activists, please go.
00:27:07.000Anytime you wish to, Take that plane right up to New York and hang out with Eric Adams and hang out on the subway platforms over there with Eric Adams.
00:27:31.000I would also like to point out at this point that Eric Adams says you can say anything you want in New York, which is a weird thing to say considering that according to the New York Post today, quote, the big apple mom who crashed Mayor Eric Adams's press conference on Monday to blast him over his taut mask mandate was fired shortly thereafter from her job at the city law department, according to the New York Post.
00:27:49.000Daniela Jampol, who served as the assistant corporation counsel, learned she was canned on Monday afternoon, soon after she confronted a caught off guard and apparently annoyed Adams over whether he would unmask our toddlers.
00:28:01.000Jampel had publicly challenged the mayor at an unrelated event on LGBTQ issues as Adams stood in front of a podium banner that read, come to the city where you can say whatever you want.
00:28:09.000Jampel said, three weeks ago, you told parents to trust you, you don't mask our toddlers.
00:28:16.000As Jampel attempted to ask why, city hall staffers tried to cut her off when they realized she wasn't a reporter.
00:28:21.000But Adams seemingly miffed at the mom getting a question and allowed her to continue, although he told her she needed to come to a conclusion.
00:28:27.000Sources close to the matter said Jampal was informed by email shortly after the presser that she was fired.
00:28:34.000So, yeah, this is a city where you can say anything you want unless you cross swords with Eric Adams, in which case he will fire you from your job for asking why he is masking toddlers.
00:28:43.000Again, the left is so disconnected from reality, but do it.
00:28:46.000Advertise all over Florida that Florida is a hellscape for gays and lesbians, and anybody who's stupid enough to believe that can move to New York.
00:29:06.000This seems like a great recruitment effort to get all of the insane blue state voters out of states that are on that knife's edge of purple.
00:29:14.000And meanwhile, speaking of people who are completely disconnected, Jen Psaki still can't even answer whether men should be allowed to race women.
00:29:19.000So yeah, this party is definitely in touch with reality.
00:29:23.000In some places, like the Ivy League now, there are biological males competing against women.
00:29:29.000Does the White House think that is fair?
00:29:31.000We understand how important sports are to student-athletes across the country, but the NCAA obviously puts these policies in place.
00:29:39.000What I would say, Peter, if we look at this broadly, is that we celebrated International Transgender Day of Visibility last week with a slate of new actions to ensure we are continuing We continue to protect the dignity and identity of all Americans and at a moment where we're looking at and we're seeing increased mental health issues related to young people, especially LGBTQ plus young people, we're providing additional funding and resources to address this issue.
00:30:06.000So yeah, she's not going to answer whether boys should compete with girls.
00:30:08.000Also, has it ever occurred to anybody that perhaps the increased mental health issues that are associated with young people across America has to do with the simple fact that the left wing has been pushing insane social policy on young children?
00:30:19.000That maybe when you tell a bunch of young people that in their search for sexual authenticity at the age of 11 lies happiness, that maybe this doesn't actually end with happiness.
00:30:29.000It just ends with people who are having a really, really tough time in life.
00:30:32.000Because the left has been on the social ascendancy for the last 20 years in this country.
00:30:35.000And yet, people seem unhappier, and more depressed, and more suicidal.
00:30:47.000This is the way that the left thinks these days.
00:30:49.000Now speaking of doubling down on stupid, the Biden administration continues to try to whistle its way past the graveyard with regard to the economy.
00:30:57.000So Joe Biden, yesterday, he's continuing to go out there and pretend that the economy is doing great.
00:31:03.000So he's standing in front of a couple of Mack trucks, which is weird.
00:31:08.000And he said that we are in the middle of a record-breaking economic conambadoo.
00:31:12.000Unemployment's at 3.6 percent, down from 6.4 when we took office.
00:31:17.000The fastest decline in unemployment at the start of any presidential term ever recorded.
00:31:22.000And after a long stretch, Americans are back to work.
00:31:27.000And the economy has gone from being on the mend to being on the move.
00:31:32.000And the economy we're building, we're building a strong economy.
00:31:36.000One where hardworking Americans can live with dignity, support their families, build a better life, and a better life for their children as well.
00:31:44.000Yeah, he almost fell down at this point in the speech.
00:31:46.000Jennifer Rubin was there to try to fluff Joe Biden through this one.
00:31:50.000And so she put out a piece, and I kid you not, this is the headline of the piece from the Washington Post, quote, If it weren't for inflation, this president's economic performance would be unmatched.
00:32:01.000And if it weren't for a dramatic lack of IQ points, Jennifer Rubin might be Albert Einstein.
00:33:42.000Nile President, things are going great.
00:33:44.000By the way, again, Jen Rubin informed me that aside from inflation, things are going amazing.
00:33:48.000According to the Wall Street Journal, household staples are no longer immune to inflation.
00:33:51.000American consumers are starting to cut costs on mainstays, from toothpaste to baby formula, as inflation hits a swath of the economy that had thus far proven resistant to substantial price increases.
00:34:01.000Procter & Gamble, Clorox, Kraft Heinz, and other consumer products giants have made a bet that consumers will pay up for household products even as inflation takes hold.
00:34:08.000Over the past year, the companies have seen profits in market share grow as they've raised prices on products from detergents and diapers to snacks and soda.
00:34:16.000Shoppers are buying staples in smaller quantities, switching to cheaper store-name brands, more rigorously hunting for deals.
00:34:21.000The shift is especially pronounced among lower-income consumers who splurged on household products early in the pandemic.
00:34:27.000Private label brands, after two years in which they lost market share, have begun to lure back buyers.
00:34:31.000In other words, people are now buying off-brand products because inflation is pinching them so tightly at this point.
00:34:36.000But other than that, at least Joe Biden once had a conversation across the ham radio with Big Mamadang.
00:34:44.000According to the Wall Street Journal, the most recently available inflation data from the Bureau of Labor Statistics show the inflation rate had risen to 7.9%, a four-decade high, with oil and commodity market disruptions from Ukraine expected to add more cost pressures as well.
00:34:57.000Meanwhile, just to make sure that things continue to be crappy from here and for the foreseeable future, Apparently, everybody is continuing to borrow money at exorbitant rates.
00:35:05.000According to the Wall Street Journal, a surge in food and fuel prices is now raising pressure on governments around the world to pick up the tab for consumers, stretching precarious public finances and intensifying political instability in the shakiest economies.
00:35:16.000Spooked by protests that have broken out recently from Bangkok to Sicily, many governments have adopted subsidies or tax breaks to shield households and businesses from the soaring prices.
00:35:25.000But those handouts are boosting already high government debt just as borrowing costs are rising.
00:35:29.000For some countries, the increase may prove too difficult to afford, raising the specter of political unrest and or bankruptcy for a lot of these countries.
00:35:37.000So, basically the world economy is on the verge as well.
00:35:42.000Many economists say subsidies are often politically difficult to withdraw when they've outlived their purpose.
00:35:46.000The IMF has said they tend to benefit richer households that consume more energy.
00:35:50.000Gas and oil subsidies could also undermine a planned shift away from fossil fuels.
00:35:54.000For emerging markets in particular, the cost of often depleted public coffers is an issue.
00:35:58.000Emerging economies have to refinance debt worth about $7 trillion this year, up from $5.5 trillion in 2021, which is a shock considering that, again, this is the year when COVID basically went away on the world stage.
00:36:09.000So, except for the inflation, the economy is doing great guns under Joe Biden.
00:36:12.000By the way, JPMorgan CEO Jamie Dimon, he says that massive risks await for the United States economy.
00:36:19.000He offered a largely upbeat view of the economy's health in an annual letter to shareholders on Monday, but he warned that the war in Ukraine could collide with rising inflation to slow the pandemic recovery and alter global alliances for decades to come.
00:36:31.000He says, while it's possible that all of these events will have peaceful resolutions, we should prepare for the potential negative outcomes as well.
00:36:37.000And there's a major shift from Dimon, who last April said he saw a chance for an economic Goldilocks moment, which means fast sustained growth alongside low inflation and low interest rates.
00:36:47.000He says, in hindsight, yeah, the medicine was probably too much and lasted too long.
00:38:21.000It's really important because, frankly, you know, if you're a Christian, you could use a better understanding of the Gospels because I think in any faith, you can use a better understanding of your own faith.
00:38:30.000If there's ever been a time that Christians need a book like this, it is right now.
00:38:33.000Head on over to Amazon or wherever you buy books.
00:38:35.000Order your copy of The Truth and Beauty today.
00:38:37.000You're listening to the largest, fastest growing conservative podcast and radio show in the nation.
00:38:46.000So meanwhile, the Democrats are going to get what they want.
00:38:49.000Ketanji Brown-Jackson will end up on the Supreme Court.
00:38:52.000But they're very, very angry because they say that she was treated with grave disrespect.
00:38:57.000So much disrespect, by the way, that Mitt Romney says that he's going to vote for her, which, by the way, is unjustifiable.
00:39:01.000There have been times where I've taken unpopular positions in defense of sort of Mitt Romney.
00:39:29.000Once the left has decided that they are openly just going to nominate political activists to positions of high power, no Republican should ever vote for a Democratic nominee to the high court.
00:39:38.000Not unless that person can somehow demonstrate that they are not beholden to the far left.
00:39:41.000This woman said in a confirmation hearing she does not know what a woman is.
00:40:05.000Let's just say that he is living in an era that does not exist where Katonji Brown Jackson should be on the Supreme Court.
00:40:10.000Frankly, that era has not existed since Roe vs. Wade.
00:40:13.000As soon as the politicization of the Warren Court became completely overt, and really since the takeover of the Supreme Court by FDR pressure, In the 1940s, the Supreme Court has been a tool for the left, and the attempt to turn the Supreme Court back into an august institution in American life has been somewhat of a joke.
00:40:28.000So no points to Mitt Romney for all of this.
00:40:31.000With that said, I'm amazed at how the media really do yeoman's work on behalf of Democrats.
00:40:50.000So we got Whoopi Goldberg out there saying that how could anyone ask her a tough question?
00:40:54.000Judge Jackson, after all, she is a black woman.
00:40:56.000And if you ask a black woman a question, it means that you don't like black women, apparently.
00:40:59.000Just say, I don't trust a black woman to do the job.
00:41:03.000Because I know that y'all didn't have these same issues with Amy Coney Barrett.
00:41:10.000You didn't ask those questions, you didn't have those problems.
00:41:12.000And when Amy Coney Barrett answered the same way that Judge Katani Brown did when you asked her if you thought they were going to need more people on the Supreme Court, nobody seemed to have a problem with her answer.
00:41:28.000So it's all about Ketanji Brown Jackson, of course, being black, Ana Navarro, and the luminaries, the intellectual luminaries of The View continue to astonish and amaze.
00:41:35.000Here's Ana Navarro, the titular Republican on the show, pretending that the Republicans have made a grave error by failing to vote in large numbers for a woman who is a radical leftist for the Supreme Court.
00:41:47.000They feel bad because they know she's going to be the justice.
00:42:46.000Charlotte Clymer, who can always be counted on for the dumbest possible take, tweeted out, It's true.
00:42:49.000Let me be clear, no Republicans on the Senate Judiciary Committee voted to advance the nomination of Judge Katonji Brown-Jackson not because she isn't highly qualified, she is, or a lack of character, no, but because their base doesn't want a black woman with her views on the Supreme Court.
00:43:05.000I mean, it's only because they opposed her on the basis of race, which is why they also opposed Merrick Garland and literally did not give him an up or down vote.
00:43:13.000It's because he also was a black woman, Merrick Garland.
00:43:27.000This sort of sycophantic media coverage from so many members of the media, there's a reason why Democrats require it.
00:43:33.000They require it because if they don't have their echo chamber, they really don't have much of anything.
00:43:38.000Which is why, of course, Joe Biden, according to an upcoming book by a pair of New York Times reporters, Jonathan Martin and Alexander Burns, apparently Joe Biden believes Fox News is, quote, one of the most destructive forces in the United States.
00:43:48.000Listen, I'm old enough to remember when there was a president named Trump in office and he suggested that his political opponents in the press were the enemies of the people.
00:43:57.000Every time he said something bad about CNN, it was a threat to the free press of the United States.
00:44:01.000Here you have the sitting president of the United States saying that the network that is most opposed to his policies is one of the most destructive forces in the United States and crickets and crickets.
00:44:12.000According to Martin and Burns, who also work as political analysts on CNN, they're the authors of This Will Not Pass, Trump, Biden, and the Battle for America's Future, set to be released in May.
00:44:19.000Apparently, Rupert Murdoch, Biden told an associate last year, is, quote, the most dangerous man in the world.
00:44:27.000The book describes Fox as a torrent of anti-Biden programming, stoking skepticism about vaccines, disseminating wild conspiracy theories about the January 6th attack.
00:44:36.000Many Biden allies have denounced Fox for those reasons, and have blamed Rupert Murdoch and his son Lachlan for enabling hosts like Tucker Carlson But according to the book, Joe Biden is very, very angry.
00:45:03.000It shows that if you pay people to watch CNN, shockingly, they start to reflect the views of CNN some more.
00:45:10.000Matthew Iglesias has a piece over at the Washington Post titled, What If Fox News Viewers Watched CNN Instead?
00:45:17.000So he says, it's worth noting that in a famous study published 15 years ago, economists showed exposure to Fox could have a measurable impact on elections.
00:45:25.000It's a slightly different question how watching Fox affects someone's views of day-to-day controversies of politics, however.
00:45:30.000One view is that Fox is such an echo chamber it can't possibly be changing minds.
00:45:33.000A pretty big difference, however, as it turns out, can be made according to a new study by political scientists David Brookman of Stanford and Joshua Calla of Yale.
00:45:41.000The research offers a much more granular look at the impact of Fox on its viewers thanks to reliance on a resource-intensive experiment rather than the broad aggregates of earlier papers.
00:45:50.000Brookman and Kahla recruited a sample of regular Fox News viewers and paid a subset of them to watch CNN instead.
00:45:55.000Compliance was enforced with news quizzes, for which additional compensation was offered.
00:45:59.000Then, the treatment group of switchers and the control group of non-switchers took three waves of surveys about the news.
00:46:04.000Not only did CNN cover different things during the September 2020 survey period, But the audience who committed Fox viewers, which started the month with conservative predispositions, changed their minds on many issues.
00:46:14.000Switchers were five percentage points more likely to believe people suffer from long COVID, and six points more likely to believe that many foreign countries did a better job than the United States of controlling the virus.
00:46:23.000There were seven points more likely to support voting by mail.
00:46:25.000There were 10 points less likely to believe supporters of Joe Biden were happy when police officers get shot, et cetera, et cetera.