Joe Biden keeps tapping the Strategic Petroleum Reserve just in time for the midterms. The White House allegedly asks that El Paso refrain from declaring a migration emergency, and George Floyd s family looks to sue Kanye West. This is The Ben Shapiro Show with Ben Shapiro, and today's show is sponsored by ExpressVPN. Do you like your web history being seen and sold to advertisers? No? Me neither? Get ExpressVPN right now at Expressvpn.com/BenShapiroShow to get 3 extra months for FREE. That s ExpressVPN, the app that encrypts all your network data and reroutes it through a network of secure servers so your private online activity stays just that, private. ExpressVPN works on all your devices, and is super easy to use. You tap it to connect to the network, and you re set up to connect without prying eyes. What s more, your home internet provider can also see and record your browsing data. In the United States, they are legally allowed to sell that data to advertisers. So, stop letting strangers invade your online privacy. Use that link, expressvpn, at ExpressVpn, to protect yourself at ExpressVPN to keep your browsing activity secure. Ben Shapiro: Stop letting strangers see and monetize your online data, and get three extra months of free! It s not going to be long term, it s going to last longer than that! And if you don t want to wait for it, you ll get it for free. Helix: Helix Sleep Mattress, you won t have to try it out for 100 nights, and a 10-year warranty that covers 100 nights of free shipping and shipping it to your door for free, plus two free pillows, plus a lifetime worth of pillow and a whole bunch of other stuff like that? Plus two pillows and a lifetime of shipping and a bunch of extra pillow for your choice of the stuff you like it all that you can use to make it all you get in the deal, too you get it all of that too, too, you can try it for $100, you get a whole lot of it, too much of that, you re not gonna have to be swanky, you say it, right here, right in the world, right, you s gonna get it, they say it s not gonna be that good of a good deal, right she s gonna love it.
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00:02:38.000Well, as the midterms approach and as the chances of Democrats holding the Senate decline day by day, President Biden has a solution.
00:02:45.000His solution is that he is going to tap the Strategic Petroleum Reserve over and over and over in a vain attempt to lower the price of gasoline just before the midterm elections.
00:02:53.000According to the Wall Street Journal, President Biden said on Wednesday he will continue to tap emergency oil reserves To blunt new shocks to global oil markets, as oil industry groups contend that Biden's policies will only worsen the shortages.
00:03:03.000In a speech from the White House, Biden confirmed he had already decided to have the Energy Department go ahead with sales of the last of roughly 15 million of 180 million barrels from the U.S.
00:03:11.000Strategic Petroleum Reserve get authorized for sale back in March.
00:03:15.000Those sales will now happen in December, Biden said.
00:03:17.000He said he's also willing to authorize more sales from the reserve after that, if necessary.
00:03:21.000Biden said he tasked his energy officials to be ready for quick decisions if there are disruptions in supply.
00:03:26.000Joe Biden also said this is not politically motivated.
00:03:29.000Now, obviously, it is politically motivated.
00:03:31.000That is the reason why we're tapping the Strategic Petroleum Reserve.
00:03:34.000We don't actually have any long-term shortages in the United States.
00:03:37.000We could alleviate our current shortages by, you know, actually re-incentivizing people to invest in things like oil refineries or in fracking.
00:03:44.000But Joe Biden is not willing to do any of those things.
00:03:46.000Instead, he just yells at the oil companies or your local gas station, saying that they are keeping the prices too high. And then meanwhile, he taps the Strategic Petroleum Reserve, which of course is designed for actual emergencies, not just because the prices went up because of a war in Ukraine. Here was Joe Biden, however, denying that this was politically motivated at all. This comes, by the way, shortly after Joe Biden did the politically motivated thing of calling the Saudis and asking them to boost the oil supply for like one additional month to get him past the midterms.
00:04:12.000It is so transparent at this point that Joe Biden is manipulating the oil flow just before a midterm election for purposes of gaining votes in the midterm election.
00:04:20.000He just does it right out in the open.
00:04:21.000If Donald Trump did stuff like this, you know the media would be all over him talking about the corruption inherent in activity like this.
00:04:26.000Joe Biden does it and we're all supposed to pretend that this is just good policy.
00:04:29.000Everybody's just standing there grinning right behind him.
00:04:32.000What is your response to Republicans who say you are only doing this SPR release to help Democrats in the midterms?
00:04:39.000Where have they been the last four months?
00:04:50.000I've been doing this for how long now?
00:04:55.000The answer is you've been doing it leading up to the midterms over and over and over again and again.
00:05:00.000Pretending that he's not doing this again just before the midterms.
00:05:03.000He's desperately attempting to bring down those gas prices because his party is about to take a whooping that is going to hurt him very badly.
00:05:09.000Jennifer Granholm, the energy secretary, she says, you know, we're emptying the strategic petroleum reserve, of course, because Russia invaded Ukraine, which again, Russia invading Ukraine does not directly implicate the United States.
00:05:20.000If, in fact, we wish to up our energy supply, if we wish to reorient all of Europe away from Russian energy, that's something we could have done over the course of years.
00:05:29.000Instead, what is happening right now is that Joe Biden is incentivizing the continuation of a war in Ukraine with no end in sight.
00:05:35.000Again, his White House has announced they do not know how the war is going to end.
00:06:08.000When they invaded Ukraine and all these countries said that they were not going to accept Russian oil, that pulled millions of barrels off the market.
00:06:18.000Okay, again, according to the Energy Department itself, the Strategic Petroleum Reserve was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the International Energy Program.
00:06:31.000What obligations of the United States under the International Energy Program have actually been leveraged right here?
00:06:36.000Does anyone know the answer other than Joe Biden needs to bring down the price of oil?
00:06:41.000As if this weren't just about bringing down the price of oil, Joe Biden is yelling at the American energy companies again.
00:06:46.000He is suggesting that American energy companies need to halt their stock buybacks while a war is raging.
00:06:53.000So the war is Joe Biden continuing to fund the war without upping the energy supplies while continuing to push diversity, equity, inclusion, environmental, social governance policies on energy companies.
00:07:05.000But it's really the gas companies who are the problem.
00:07:09.000My message to American energy companies is this.
00:07:12.000You should not be using your profits to buy back stock or for dividends.
00:07:44.000He says to people, don't invest in the oil companies.
00:07:46.000Then they have to raise their prices because there aren't enough oil refineries out there and they don't have enough investors who are actually promoting future growth.
00:08:06.000You've now made it harder for us to do our jobs.
00:08:07.000Jeff Eshelman, the president of the Independent Petroleum Association of America said, quote, The Strategic Petroleum Reserve is meant to protect consumers against emergency supply disruptions, not politicians, during an election year.
00:08:18.000His group represents thousands of typically smaller and midsize exploration and production companies.
00:08:21.000He said, The Strategic Petroleum Reserve release is a short-term fix for prices at best.
00:08:25.000Quote, It not only reduces our capacity to protect ourselves in case of a true emergency in the future, but also increases America's reliance on the politically volatile countries that currently provide most of our oil.
00:08:35.000If you're tapping the SPR right now, what happens when you run out of oil in the SPR and now you're more dependent on all the countries that Joe Biden pretends to hate?
00:08:45.000I mean, he's literally going to Venezuela right now and attempting to have them reopen their oil industry by lowering sanctions on what is a communist hellhole state led by Nicolas Maduro.
00:08:56.000It's such an obvious politically corrupt move here by Joe Biden, as the Wall Street Journal editorial board points out.
00:09:03.000White House officials accuse OPEC and its allies of manipulating oil prices.
00:09:06.000But then what do you call what Biden is trying to do?
00:09:08.000Three weeks before Election Day, Biden is ordering 15 million more barrels released from the SPR to reduce gas prices.
00:09:13.000The new releases are a sign of political desperation.
00:09:16.000Crude price climbed after OPEC Plus this month announced a 2 million barrels a day cut in production.
00:09:20.000This is really closer to 1 million barrels a day since many countries aren't meeting their quotas right now.
00:09:25.000gas prices have increased and the political timing could not be worse for Democrats.
00:09:29.000The administration says its planned drawdown will add about 500,000 barrels a day to global supply in December, which is misleading.
00:09:34.000About 1 million barrels a day on average have been released since spring.
00:09:37.000The drawdowns were scheduled to end next month, so the new releases will merely prevent supply from contracting more than it otherwise would.
00:09:43.000The main problem is that oil demand has now outstripped supply amid the post-pandemic economic recovery owing to lack of investment, especially in the United States, which had been the world's swing producer.
00:09:53.000Now again, if you actually wished to battle the Russians in Ukraine.
00:09:58.000What you need to do is strengthen America's energy industry.
00:10:00.000Joe Biden has neglected all of these things.
00:10:02.000The swing producers, says the Wall Street Journal, are now Saudi Arabia and the UAE, which Joe Biden has been busily attempting to alienate by undercutting the Abraham Accords, by negotiating with the Iranians until the point it became so embarrassing he couldn't negotiate with the Iranians anymore, by going out publicly and ripping on the Saudi government.
00:10:17.000Genius moves here by Joe Biden, that supposed adult in the room.
00:10:21.000The Biden SPR releases have probably helped reduce prices at the margin, but one risk was always that crude prices would rise when releases tapered off, and here we are.
00:10:28.000Again, the Wall Street Journal points out, a true national emergency could also fast deplete the reserve, which is why previous presidents performed only three emergency releases.
00:10:35.000Operation Desert Storm in 1991, which was 17.3 million barrels.
00:10:39.000Hurricane Katrina in 2005, which was 20.8 million barrels.
00:10:41.000And the Libya oil disruptions in 2011, 30.6 million barrels.
00:10:45.000The prices exceeded 90 bucks a barrel from 2011 to 2014.
00:10:48.000Barack Obama didn't resort to emergency drawdowns to reduce the gas prices.
00:10:53.000What brought down oil prices and kept them low the last decade was the Shell fracking boom.
00:10:56.000But Democrats refused to appropriate the money to keep oil pumping from marginal wells, calling it a bailout for big oil.
00:11:02.000And so you've seen the production drop fairly dramatically under the Democrats.
00:11:07.000This is one reason oil production beyond the Permian Basin has been flat or declining since summer of 2020.
00:11:13.000So now the administration is saying it plans to encourage near-term production by announcing its intent to repurchase oil for the reserve when the price of West Texas Intermediate crude oil falls to 67 to 72 bucks a barrel.
00:11:22.000So they're going to replenish the Strategic Petroleum Reserve.
00:11:25.000But who the hell knows when when the prices are going to drop that far, considering that the Saudis want to keep the prices 90 to 100 dollars a barrel.
00:11:30.000So it'll be very expensive to refill the Strategic Petroleum Reserve.
00:11:33.000Now, you know, it would have been a good thing, actually, as if, for example, we had refilled the Strategic Petroleum Reserve in, say, 2020 when Trump was president.
00:11:39.000In fact, here was Donald Trump in 2020 talking about how he was trying to refill the Strategic Based on the price of oil, I've also instructed the Secretary of Energy to purchase, at a very good price, large quantities of crude oil for storage in the U.S.
00:11:59.000We're going to fill it right up to the top, saving the American taxpayer billions and billions of dollars, helping our oil industry and making us even further Toward that wonderful goal which we've achieved, which nobody thought was possible, of energy independence.
00:12:18.000So this is what Donald Trump was pushing in 2020.
00:12:19.000I know Donald Trump is very bad and orange and all of that, but it turns out he was exactly right.
00:12:23.000Meanwhile, you know what the Democrats did in 2020?
00:12:25.000They rejected the expansion of the Strategic Petroleum Reserve Holdings.
00:12:29.000According to Roll Call, this is in March of 2020.
00:12:32.000The Trump administration's plan to top off the SPR ran into a blockade after lawmakers excluded $3 billion in funding for oil purchases from the massive stimulus package before Congress.
00:12:41.000Senate Democrats took credit for stripping out that oil money from the Senate bill unveiled Wednesday, calling it a bailout for the oil industry.
00:12:47.000The administration had announced plans to buy 77 million barrels, enough to fill the reserve.
00:12:51.000But, and then they solicited offer to the energy department from small and midsize producers, but Congress killed it.
00:13:00.000Senate Minority Leader Chuck Schumer pointed to the exclusion of the $3 billion bailout for big oil in their summary of the House Democrats' stimulus package.
00:13:07.000A summary of the bill said, the price of crude oil has fallen to its lowest level in nearly two decades, so selling oil from the SPR now would result in a significant loss of value to the taxpayer.
00:13:15.000So genius stuff there from the Democrats.
00:13:17.000Karine Jean-Pierre, world's worst press secretary, was asked about this yesterday.
00:13:20.000Why exactly did Democrats reject refilling the Strategic Petroleum Reserve when Trump was president?
00:13:25.000She said, well, you know, that was that was 2020.
00:13:38.000Why, it's almost as though you're wildly inconsistent based on political purposes.
00:13:42.000Yeah, I know exactly what you're talking about.
00:13:44.000funding for replenishing the SPR at a low price. Democrats blocked it saying that it was a bailout for big oil but now President Biden said today that it would be a good thing to do.
00:13:53.000I know exactly what you're talking about. You're talking about when Donald Trump was trying to sell it at $20 per barrel to buy it.
00:15:08.000We're producing 12 million barrels of oil per day.
00:15:12.000And by the end of this year, we will be producing 1 million barrels a day, more than the day in which I took office.
00:15:21.000Well, then why have prices skyrocketed?
00:15:23.000The answer, of course, is that you've made it very difficult for people to invest in the oil and energy industry.
00:15:28.000In fact, that's part of your broader strategy.
00:15:29.000So, a few things come into play here that are pretty amazing.
00:15:32.000One, Democrats who are not inside the administration.
00:15:35.000Inside the administration, they recognize that you're really not supposed to be using state resources in order to promote yourself before an election.
00:15:40.000That in fact, that looks a lot like corruption.
00:15:43.000But outside the administration, some Democrats in media, they're basically like, listen, whatever it takes to stop the Republicans from taking power is what it takes.
00:15:49.000And when you wonder about the people who are constantly jabbering about threats to democracy, saying that it is not a threat to democracy to be as corrupt as humanly possible in order to skew the results of a midterm election, You have to wonder whether they actually care about democracy or whether democracy is just a code word for things we like.
00:16:06.000If Republicans win, that's not democracy and it must be stopped by all means available up to and including corrupt release of oil from the Strategic Petroleum Reserve.
00:16:14.000That's essentially what Chris Hayes was saying on MSNBC last night.
00:16:17.000It's an amazing clip from Chris Hayes.
00:16:19.000He says, you know, the only way to preserve democracy is for Joe Biden to do unbelievably corrupt things in violation of his presidential oath.
00:16:26.000Oil companies, OPEC, Saudi is not exactly eager to make sure prices are low before an election where Democratic candidates are vulnerable.
00:16:34.000It's also why Saudi Arabia might want to suddenly announce a cut in oil production right before the midterms.
00:16:39.000Of course, Democrats can't just throw their hands up and say, oh well, because the future of American democracy is in, as we report night in and night out on this program, real peril, existential peril.
00:16:53.000Oh, you see, Joe Biden can be as corrupt as he wants to be because democracy is in peril.
00:16:57.000Okay, you want to know how nations actually slide into fascism?
00:16:59.000The way that nations actually slide into fascism is because the other guy is just so bad, I have to do everything I possibly can to stop him from gaining power, up to and including accretion of power in places that are illegal or corrupt.
00:17:09.000That is how people actually slide into fascism.
00:17:11.000Fascism is very generally not people just marching into the streets in jackboots and taking over all the institutions of government.
00:17:17.000Typically, it's large swaths of people going along with accretion of power in a certain group of people in order to prevent the other people from gaining that power.
00:17:25.000This is why political polarization tends to be kind of dangerous.
00:17:28.000And this political polarization is pushed by people like Chris Hayes, obviously.
00:17:32.000The political polarization that says it's okay if my side does it, because after all, the other side is so bad that we have to stop them by any means necessary.
00:17:43.000That is typically historically the way these things go.
00:17:45.000It's important to remember whenever people talk about the rise of fascism in Germany, for example, it's important to remember the centralization of power in the executive branch in Germany preceded Hitler, and it was largely created as a response to the rise of the Communist Party in Germany.
00:17:58.000And so all of these sort of conservative forces, meaning the anti-left forces, the anti-communist forces in Germany, they basically consolidated around accretion of power.
00:18:08.000in the executive branch before Hitler had even been elected to the chancellorship in Germany.
00:18:14.000The same thing, by the way, happened when it came to Mussolini.
00:18:16.000Mussolini was appointed by the king of Italy and actually operated under democratic auspices for the first several years of his tenure.
00:18:23.000It was only in about 1924 when Mussolini actually turned himself into the full-fledged dictator.
00:18:30.000So if we are talking about the rise of fascism, what you have to know is that the key to the rise of fascism is the belief that institutions can be subsumed and destroyed in the name of quote-unquote saving the republic from the bad guys.
00:18:41.000Once you decide the institutions are less important than stopping the bad guys, it's just a question of who's going to end up wielding the government gun at the end of that battle.
00:18:50.000That's why this stuff is incredibly dangerous, of course.
00:18:52.000And the fact that Chris Hayes just puts that out there, sure, I mean, sure, Joe Biden is engaging in open corruption with the Saudis or the Strategic Patrol and Reserve, but the Republicans are really, really scary.
00:19:02.000And that sort of language is not likely to bring about a restoration of democratic faith, is it?
00:19:07.000Well, meanwhile, a lot of this is tied into the generalized democratic perception that oil is bad, gas is bad.
00:19:12.000Except when we need it, at which point we just release it from the Strategic Petroleum Reserve, or we go begging to the Saudis, or we go begging to the Venezuelans.
00:19:18.000So Joe Biden yesterday, he's basically saying every crisis is an opportunity.
00:19:38.000The vast majority of people in the United States cannot afford a Tesla, nor can you actually afford to wait for a Tesla.
00:19:43.000I had to wait a year in line to get my Tesla delivered.
00:19:45.000So the notion that all of this is going to be fixed by additional charging stations at the Chevron is ridiculous.
00:19:51.000But that's what Joe Biden is pushing, because after all, Green Revolution...
00:19:56.000The Chips and Science Act that I signed into law is literally supercharging our efforts to make semiconductors, those small computer chips that power our everyday lives, including our vehicles, here in America.
00:20:10.000And the infrastructure law is investing $7.5 billion to build electric vehicle charging stations all across America.
00:20:20.000So finding a place to charge up your vehicle is going to be as easy as pulling into a gas station.
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00:25:52.000And a person named Gianluca Grimalda, who's a researcher for the Kiel Institute for the World Economy, he decided to glue himself along with some of his friends to the floor here.
00:26:07.000And then he released a video talking about how nine people glued themselves to the floor of the Porsche Pavilion in Germany.
00:26:15.000And they went on hunger strike until their demands to decarbonize the German transport sector are met.
00:26:20.000So, they will sit there with their hand glued to the floor until people stop using carbon-based energies.
00:26:26.000So, a hundred years from now, their skeletons will just be glued to the floor.
00:26:29.000I guess at that point they'll have slumped over because the skin that's actually glued to the floor won't be there anymore, just through the natural processes of disintegration.
00:26:38.000Anyway, there is this scientist, Gianluca Grimaldi.
00:26:42.000We know he's a scientist because he's wearing a white coat.
00:26:45.000And I'm here in the Porsche pavilion in the Autostadt of Wolfsburg to denounce the responsibility of a Volkswagen in the climate emergency.
00:27:39.000By the way, he also tweeted out, this is so funny, I can't get over this.
00:27:44.000He tweeted this out, quote, VW told us that they supported our right to protest, but they refused our request to provide us with a bowl to urinate and defecate in in a decent manner while we are glued and they've turned off the heating.
00:27:55.000People in support can't get out of the building.
00:27:59.000Oh, man, well, well, well, if it isn't the consequence of your own gluing your hand to the floor like an idiot.
00:28:08.000Guys, next time you decide to glue your hands to the floor of a car factory, you might want to think about cathing yourself, or at least where you plan to poop.
00:28:16.000But apparently, these geniuses, they didn't think about the future.
00:28:20.000These are the people who are in charge of the future, actually.
00:28:22.000We should listen to them about all things with regard to the future, because they clearly think about the future not beyond about 42 minutes.
00:28:32.000So this morning, I woke up very, very early with my smallest child.
00:28:34.000Before we went on a car ride, I asked her if she had to go to the bathroom because otherwise she might have to go to the bathroom in the car and she's two and a half.
00:28:41.000So she said, I will try before I get in the car.
00:28:44.000She's two and a half and had the foresight to recognize that perhaps before you do a thing that's going to be time consuming, you might want to go to the bathroom or make provision for such.
00:28:51.000These guys glued themselves to the floor in a hunger strike.
00:28:54.000So unless that hunger strike was going to be 32 minutes long before they had a coffee break, What exactly did they think?
00:29:00.000These are the people who think about the future, and probably they should run our energy policy.
00:29:06.000Meanwhile, speaking of aspects of corruption just before the midterm elections, according to the New York Post, The Biden administration pressured the Democratic mayor of El Paso, Texas to not declare a state of emergency over the city's migrant crisis due to fear it would make President Biden look bad, according to the New York Post.
00:29:23.000At least three of the El Paso City Council's eight members have urged Mayor Oscar Leaser to issue an emergency declaration in response to the thousands of migrants who have filled the city's shelters and are being housed in local hotels, sources familiar with the matter said.
00:29:34.000But Leaser admitted during a private phone conversation last month he'd been directed otherwise by the Biden administration, according to one of the officials.
00:29:41.000He told me the White House asked him not to, said Council Member Claudia Rodriguez.
00:29:44.000Rodriguez also said Lister has repeatedly assured her he'd declare a state of emergency if things got worse without saying exactly what that meant.
00:29:51.000Representative Tony Gonzalez, Republican of Texas whose district covers rural areas and border towns near El Paso, also said he heard similar accounts from other city officials.
00:29:57.000Quote, it's a slight of hand what the administration is doing.
00:30:00.000Pressuring the local government to not issue a declaration of emergency to say as if everything is going okay.
00:30:05.000Gonzales also alleged the White House has done the same thing in other parts of my district which have also seen huge numbers of migrants seeking refuge.
00:30:21.000By the way, is there a crisis in El Paso?
00:30:23.000Well, Bill Malugan, the Fox reporter who, according to Politico, has really ticked off the White House for the great crime of showing what is happening at the border on camera, he tweeted out yesterday about the border crisis continuing in El Paso.
00:30:36.000500 people arriving in just one night in El Paso.
00:31:47.000You know, one of the things I'm very thankful for the White House, the federal government, they've done a really, really good job of working with us and helping us to make sure we get funding to be able to do the job that border cities are required to do.
00:32:01.000You know, as a border city, we have responsibilities.
00:32:04.000And that's one of the things that we continue to do.
00:32:06.000One of the things we need to learn and really make sure we do is that we take the politics out of this.
00:32:13.000You know, I read the headlines, you know, Democratic mayor, you know, yeah, I ran as a Democrat, but it's really important that once we run for office and we get elected, we take the R or the D away from our names and understand that we have to represent 100% of the people that elected us.
00:32:30.000Don't worry, the Biden administration would never ever pressure, for political reasons, the mayor of El Paso not to declare an emergency on the border.
00:32:37.000Obviously, they wouldn't do that sort of stuff.
00:32:39.000Okay, meanwhile, over in Great Britain, Liz Truss has now become the shortest-serving UK Prime Minister in the history of the country.
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00:33:40.000American Financing might be able to help you out.
00:33:45.000Or visit them at AmericanFinancing.net.
00:33:50.000Also, are you still giving your money to woke razor companies that hate your values, see masculinity as toxic, and think you should teach your daughter to shave her beard?
00:33:59.000Germany's razors are 100% real and 100% woke free.
00:34:02.000The premium handled has more heft than left.
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00:34:08.000Those other razor companies keep virtue signaling to the totalitarian left and using your cash to do it, but you don't have to let them.
00:34:13.000When you buy Jeremy's Razors, you aren't just making Jeremy richer, you're making the woke left poorer, and that's the important thing.
00:34:19.00095,000 people have already made the switchover.
00:34:20.000Visit jeremysrazors.com, get your Founders Series shave kit today.
00:34:23.000That's jeremysrazors.com, Jeremy's Razors, shut up and shave.
00:34:27.000Okay, meanwhile, over in the UK, Liz Truss lasted Slightly less time than a bottle of milk in the fridge as the Prime Minister of Great Britain.
00:34:35.000There's actually a Twitter account that was counting down whether Liz Truss would expire before a head of lettuce.
00:34:40.000And the answer is her Prime Ministership expired before the head of lettuce went bad, actually.
00:34:44.000According to the UK Sun, Liz Truss has dramatically announced she will resign as Prime Minister after just 44 days in office, which makes her the shortest serving Prime Minister in the history of her country.
00:34:52.000The embattled PM made a speech outside Downing Street this afternoon, confirming the astonishing turn of events.
00:34:57.000A Tory leadership race will now begin.
00:34:58.000A new PM will be chosen in the next week.
00:35:00.000Trust's downfall began just days into her premiership when the disastrous mini-budget was announced, the $45 billion tax bonfire sent mortgages soaring, and the pound plummeting.
00:35:07.000Again, she got blamed for a lot of stuff that was not her fault.
00:35:10.000The UK has spent well beyond its means for years on end.
00:35:13.000They've put themselves in a really bad situation by overspending, by pursuing bad energy policy.
00:35:20.000And again, she was basically put on the chopping block for all that.
00:35:23.000She was handed a losing hand, and then she played that hand very poorly.
00:35:26.000It's caused uproar among Tory MPs, who questioned why the PM was cutting taxes for the rich as hard-up Brits suffer at a crippling cost of living crisis.
00:35:32.000Trust tried to save her career by bringing in the more moderate Jeremy Hunt to replace ally Kwasi Kwarteng as Chancellor.
00:35:37.000Hunt then tore the mini-budget to shreds.
00:35:39.000A move that calmed down markets, but the damage had already been done.
00:35:41.000Restless MPs began calling for the PM's head, all of which raises the question as to why the Tories bothered getting rid of Boris Johnson in the first place.
00:35:48.000If what they actually wanted was just a continuation of Boris Johnson's fairly middle-of-the-road, lukewarm capitalism, then why not just stick with Boris Johnson?
00:35:57.000I mean, after all, this turmoil doesn't seem to have benefited the Conservative Party very much, and the Labour Party, which has now been shed of Jeremy Corbyn, seems to be resurgent in the polling.
00:36:05.000Fifteen Conservative backbenchers publicly called for the PM to go by this morning.
00:36:08.000Dozens more said they want her out in private.
00:36:11.000Truss requested the meeting to be updated on the party mood.
00:36:13.000Just hours ago, a spokesperson for the PM admitted yesterday was a difficult day.
00:36:16.000They said that the Prime Minister would continue beyond the 31st.
00:36:18.000That, of course, did not end up materializing in any way, shape, or form.
00:36:22.000So the question in the UK becomes, who replaces Liz Truss?
00:36:25.000There's a piece over at Bloomberg talking about who are the frontrunners to replace her.
00:36:33.000The number one frontrunner right now is Rishi Sunak.
00:36:35.000He ran against trust in the conservative leadership election this summer.
00:36:39.000New Chancellor Jeremy Hunt has also climbed the list of favorites after less than a week in the role.
00:36:43.000There's some others who are down, including Boris Johnson.
00:36:47.000There's the possibility that Boris Johnson is back after about a month and a half of being out of office.
00:36:52.000He, by the way, is vacationing and out about doing exactly what it is that he wants to do.
00:36:56.000Bottom line is, nothing is getting healed over there unless there is some pretty systemic change.
00:36:59.000The bills are coming due in the UK, and whoever is in power at the time is going to pay the price for all of that.
00:37:04.000By the way, if you like what's happening in the UK, remember, the United States is going to go down this path in fairly short order as we continue to blow out our own spending and make our social welfare safety net Too large for the economy that supports it.
00:37:18.000None of that is shock and attempt to blame this on the right, however, ignores the fact that it really is big government policy that has led to the financial impasse that has sunk Liz Truss's prime ministership before it even began.
00:37:30.000In other news, Kanye West is now being sued, apparently, by the George Floyd family.
00:37:36.000So, put aside all of the Kanye West radical, crazy antisemitism that we've seen over the past couple of weeks, this is ridiculous.
00:37:43.000It is ridiculous that George Floyd's family is now suing Kanye West.
00:37:47.000They announced that they are filing a $250 million lawsuit against Kanye West over his recent statement about George Floyd's death.
00:37:54.000The rapper, who goes by Ye, erroneously declared on a podcast that Floyd died from fentanyl, not as a result of police brutality, according to Yahoo Entertainment.
00:38:07.000I mean, this happens to be under dispute on a factual level.
00:38:10.000Just because a jury ruled that homicide was responsible for the death of George Floyd does not mean that you are not allowed to have the opinion that the jury got it wrong in the United States.
00:39:38.000And whether or not it receives more attention, we think it's a very important issue in this country.
00:39:45.000I mean, people are talking about free speech, but people also need to understand the limitations.
00:39:50.000If you're going to use other people's name for profit, if you're going to profit from other people's pain, if you're going to re-traumatize people, then you have to pay for it just like Alex Jones paid for it in the verdict against him for nearly a billion dollars.
00:40:05.000Okay, I'm sorry, but first of all, defamation does not apply to those who have passed away.
00:40:15.000Also, it happens to be that truth, or at least the possibility of truth, is a defense to any defamation claim in the first place.
00:40:23.000The Greatest Lie Ever Sold does a very good job of going through all of the fact patterns with regard to what exactly happened in George Floyd's death.
00:40:30.000Here is a clip from The Greatest Lie Ever Sold, which you should go check out over at Daily Wire.
00:41:11.000Three grains of fentanyl on the head of a lead pencil.
00:41:17.000Enough to kill you, enough to kill me.
00:41:19.000And so they had to continuously inculcate the public to believe that Derek Chauvin intentionally, premeditatedly murdered George Floyd And drugs had absolutely nothing to do with it, as Lindsay and the toxicologists presented that awful testimony.
00:41:44.000Do you recall describing the level of fentanyl as a fatal level of fentanyl?
00:41:51.000I recall describing it in other circumstances, it would be a fatal level, yes.
00:41:58.000Had Mr. Floyd been home alone in his locked residence with no evidence of trauma, and the only autopsy finding was that fentanyl level, then yes, I would certify his death as due to fentanyl toxicity.
00:42:11.000Okay, so again, all that is straight from the documentary.
00:42:14.000There's nothing false about anything in the documentary.
00:42:19.000The attempt to try to suggest that you're not allowed to say this sort of stuff is, in fact, a restraint on free speech.
00:42:24.000The lawyers for Floyd's family, by the way, have said they're not going to file a defamation lawsuit because, of course, they don't actually have the standard.
00:42:28.000They're going to say intentional infliction of emotional distress, which, no, that is not going to fly under any circumstances.
00:42:34.000The fact is that the attempt that is ongoing right now to basically verboten, anything being said in defiance of the narrative on things like George Floyd or Black Lives Matter is the reason why Candace made the documentary The Greatest Lie Ever Sold, which, again, you should go check out over at Daily Wire.
00:42:49.000Plus, by the way, some of the things you're not supposed to talk about with regard to George Floyd's death is the simple fact that a different angle shows that Derek Chauvin's knee is actually on the back of George Floyd, not on the back of George Floyd's neck.
00:42:59.000And you can actually see his knee is on George Floyd's shoulder.
00:43:02.000It was characterized as such by witnesses for the prosecution in that particular case.
00:43:06.000Again, truth is of very little consequence when you are attempting to establish a narrative about the supposed racism of the United States more broadly.
00:43:14.000Speaking of the supposed racism of the United States more broadly and of our institutions, I do have to comment on what is a ridiculous, ridiculous statement by Kim Davis.
00:43:23.000She's the NHL Executive Vice President of Social Impact Growth and Legislative Affairs.
00:43:29.000If this is your job, by the way, What this means is you have to spot racism everywhere.
00:43:32.000If you're the chief of diversity at a college, you're going to say everything is diverse, we're great.
00:43:36.000You're going to pay like $3.50 a year.
00:43:37.000Or you're just going to say that everything is very, very bad.
00:43:39.000So, here we have Kim Davis, again, NHL EVP of Social Impact Growth and Legislative Affairs, saying that the NHL's first internal demographic study found its workforce to be overwhelmingly white.
00:43:49.000Oh, you mean because the vast majority of people who play in the NFL are white?
00:43:51.000And the vast majority of people who watch the NFL are white?
00:43:53.000And the vast majority of people who play hockey are white?
00:44:05.000Except for... Unless they are representative, this means that some grave injustice is being done, according to Kim Davis.
00:44:12.000Having said that, we know we have work to do with women of color, and we're leaning into that.
00:44:17.000I think the thing that you should take away from the workforce study is that it is a progressive outlook on how you begin to manage your talent.
00:44:30.000And it is progressive in that it's a self-identified report.
00:44:35.000So of our 4,200, approximately 4,200 employees across the league and the club, 67% of our employees participated in it, and this is how they self-identified.
00:44:48.000And we will take this benchmark every two years and measure our progress over time.
00:44:53.000Listen, it's my belief that for the sake of equity, the sake of equity, every institution in America must be demographically representative.
00:44:59.000I've been told by Ibram X. Kendi that unless every institution in America is demographically representative, then what that means is that equity has not been achieved.
00:45:07.000It means racism is a part of the system, which means every institution in America must be half women, 58% white, 19% Hispanic, and 12% black.