Hunter Biden shows up in Washington, D.C., to grandstand and declare that he s not a victim of Republican MAGA cruelty. But according to his father, former Vice President Joe Biden, Hunter Biden is anything but a victim. Hunter Biden says that if it weren t for his last name, he wouldn t be dragged before Congress to talk about his business dealings with his dad, Joe Biden. And he also says that the whole debacle surrounding Hunter and his dad is nothing more than a winch-hunt, a witch hunt, a political smear campaign, a vendetta, a smear campaign against the Biden family, and an attempt to embarrass and damage his father who has devoted his entire public life to service. And he suggests that Republicans are trying to turn his dad s love for him into a dark shadow, because when your father uses his power into darkness, sometimes you can turn your dad's love into darkness. And when your dad uses power in order to serve others, sometimes can turn his love for you into a shadow that you don t even realize you re in a dark place you are in even though it s dark and dark places you are not even in a place you're in. And that's not even the worst thing that can be said about a powerful man, it can be the best thing that you can say about him you can even be a victim of a man who uses his father's love for his father and does not even realize that he is in fact a man he s love when it s not even a man or a father . a father who does not just for his son, but for his daughter, a son, a husband, a brother, a friend, a wife, a lawyer, a business partner, a good friend, an employee, a daughter, and a friend , and a husband an enemy of the country but a friend . and so much more in a way that makes him the greatest victim of all . . . a to his own father, the man who s his own son the most powerful man in the world. ... Joe Biden is not the only one who s not the real victim, but the one who is the greatest because he s a victim? Hunter Biden not the one that s the one with the most important man in his own story.
00:00:00.000Yesterday, Hunter Biden announced that he would be avoiding a subpoena by the House Oversight Committee.
00:00:04.000The Republicans on that committee wanted to ask Hunter about his business relationships with Dad Joe.
00:00:10.000Hunter is currently under indictment for nine charges related to tax evasion, all based on unreported income and spending from his lucrative years as his dad's alleged bagman.
00:00:19.000Republicans voted last night to formally open an impeachment inquiry, which presumably gives them some sort of greater subpoena power.
00:00:25.000So yesterday, Hunter showed up in Washington, D.C.
00:00:56.000For six years, MAGA Republicans, including members of the House committees who are in a closed-door session right now, have impugned my character, invaded my privacy, attacked my wife, My children, my family, and my friends.
00:01:17.000They have ridiculed my struggle with addiction, they have belittled my recovery, and they have tried to dehumanize me, all to embarrass and damage my father, who has devoted his entire public life to service.
00:01:45.000I mean, other than the child that he refuses to support with child support and refuses to give his last name.
00:01:52.000We made fun of his addiction, you know, because he put pictures of himself on his computer and then wrote in his memoir about how he snorted Parmesan cheese off a carpet, which is inherently hilarious.
00:02:03.000We dehumanized his recovery because, of course, he finger paints for recovery and then sells those paintings for half a million dollars to his dad's business donors.
00:02:10.000I mean, that's the worst thing of all.
00:02:13.000Of course, were it not for Hunter Biden's last name, he would also likely be a homeless drug addict without a penny to his name, unpaid child support, and no life prospects at all.
00:02:20.000As Hunter once admitted, his last name was gold to foreign investors.
00:02:52.000But according to Hunter, a man who, again, tried to disown his own daughter, fathered while he was a drug-addled derelict, and who urged his father to do the same to his granddaughter, all while he spent nearly a million dollars on prostitutes and drugs, the whole debacle surrounding Hunter and his dad, according to Hunter Biden, is a winch hunt.
00:03:09.000There is no fairness or decency in what these Republicans are doing.
00:03:18.000They have lied, over and over, about every aspect of my personal and professional life.
00:03:25.000So much so, that their lies have become the false facts believed by too many people.
00:03:33.000No matter how many times it is debunked, they continue to insist that my father's support of Ukraine against Russia is the result of a non-existent bribe.
00:03:44.000They displayed naked photos of me during an oversight hearing.
00:03:50.000And they have taken the light of my dad's love.
00:03:55.000The light of my dad's love for me and presented it as darkness.
00:04:03.000First, he suggests that Republicans are saying that Joe Biden is supporting Ukraine against Russia because of Burisma or something.
00:04:10.000No, that's actually not even the accusation.
00:04:12.000Then he suggests that Republicans showed a photo of him nude.
00:04:18.000He'd be talking there about Marjorie Taylor Greene in a House hearing where she was talking about the fact that Hunter and his daddy lied about the provenance of the laptop on which Hunter Biden had placed such photos.
00:04:31.000When he says that Republicans have turned his dad's love for him into darkness, sometimes love can turn into darkness.
00:04:37.000Like, say, when your powerful father uses his power in order to clear millions of dollars for his family, using you as the family bag man, even knowing that giving you access to the family credit card allows you to fund your sex and drug addictions.
00:04:49.000Putting aside the seamy personal situation of the Biden family, however, what we really have here is a pretty cut and dried corruption case.
00:04:55.000Yesterday, Hunter claimed that his father was not financially involved in his business.
00:04:59.000Note the words, financially involved in his business.
00:06:13.000While they pushed Hunter's career, according to the American Spectator, by 1998, that bank had become, quote, the second largest issuer of Visa and MasterCards in the country.
00:06:21.000Some analysts believed it would eventually overtake Citicorp to become the nation's biggest credit card bank.
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00:08:17.000Well, in 2013, Hunter Biden joined with Chinese investors to create a company called Bohai Harvest RST, Equity Investment Management Company Limited.
00:08:28.000That investment fund was controlled by the Bank of China.
00:08:31.000The very next month, Joe Biden brought Hunter with him on Air Force Two to Beijing, where Hunter and Joe met the CEO of BHR, one Jonathan Lee.
00:08:38.000The business license in China for the new corporation was quickly approved, and Hunter joined the board.
00:08:43.000In May 2014, Burisma, a Ukrainian natural gas and oil company, announced that Hunter Biden would join its board of directors.
00:08:49.000Joe Biden was overseeing Ukrainian policy for the White House at the time.
00:08:53.000In March 2015, Hunter organized a business dinner in Washington, D.C., and Joe stopped by to meet a high-level Burisma official, Fadim Persharsky.
00:09:01.000Later that year, in November, Persharsky suggested U.S.
00:09:03.000officials should visit Ukraine and talk with Ukrainian Prosecutor General Viktor Shokin, as well as President Petro Poroshenko, about Shokin's investigations into the CEO of Burisma, Mykola Zlochevsky.
00:09:14.000Very same month, Amos Hochstein, Special Envoy and Coordinator for International Energy Affairs in the Obama White House, met with Hunter to talk about Burisma.
00:09:21.000Five days after that, he met with Joe in the West Wing.
00:09:26.000The month after that, Joe hosted a party attended by both Hochstein and Hunter.
00:09:30.000In December 2015, Joe Biden went to Ukraine, where he demanded that Viktor Shokin be fired and threatened to withdraw $1 billion in IMF loans if he was not.
00:09:38.000Two days later, Poroshenko acquiesced and committed to firing Shokin.
00:09:42.000During this very time, a confidential human source later told the FBI, Burisma CFO Vadim Porzharsky said he had hired Hunter Biden to, quote, protect us, through his dad, from all kinds of problems.
00:09:53.000A month or two later, the source said, Zlochevsky dismissed any threats from Shokin as easily solved, saying, quote, don't worry, Hunter will take care of all those issues through his dad.
00:10:01.000According to that confidential human source, Zlochevsky also said it cost $5 million to pay one Biden and $5 million to, quote, pay another Biden.
00:10:10.000In February, Zlochevsky would give Hunter extravagant birthday gifts.
00:10:14.000A couple of weeks later, Shokin was fired, and Biden called Poroshenko to personally thank him.
00:10:18.000Also during this time, Joe Biden was apparently using a pseudonymous private email address, Robert L. Peters, to email his son Hunter with regards to Ukraine.
00:10:26.000Joe was also, according to Hunter's business partner, Devin Archer, routinely called into meetings on the phone, so Hunter could exhibit his ties with Daddy.
00:10:34.000Democrats have defended Joe by claiming he called only to talk about the weather, which is exactly what a racketeering head would do in order to demonstrate the viability of connection with power.
00:11:36.000In May 2017, Hunter's business associates infamously emailed each other about creating a CEFC deal that would include, quote, 10 held by H for the big guy.
00:11:45.000It's worth noting that other documentation from a confidential human source also referred to Joe Biden as the big guy with regard to Burisma.
00:11:52.000Former Hunter business partner Tony Bobulinski similarly says the big guy referred to Joe.
00:11:56.000By July 2017, Hunter was writing to the head of a Chinese company, quote,
00:11:59.000I am sitting here with my father and we would like to understand why the commitment made
00:12:03.000has not been fulfilled. I am very concerned that the chairman has either changed his mind or broken
00:12:08.000our deal without telling me or that he is unaware of the promises and assurances that have been made
00:12:12.000and have not been kept. Tell the director I would like to resolve this now before it gets out of
00:12:16.000hand. And now, said Hunter, means tonight.
00:12:19.000And Z gets a call, or text, from anyone involved in this other than Zhang or the chairman.
00:12:25.000I will make certain that between the man sitting next to me, that would be Joe, and every person he knows, and my ability to forever hold a grudge, that you will regret not following my direction.
00:12:33.000All too often, people mistake kindness for weakness.
00:12:35.000And all too often, I am standing over the top of them saying, I warned you.
00:12:39.000From this moment until whenever he reaches me.
00:12:41.000Okay, my friend, I am sitting here waiting for the call with my father.
00:12:44.000I sure hope whatever it is you are doing is very, very, very important.
00:12:48.000On August 2nd, 2017, Hunter wrote an email explaining that the chairman, presumably Xi Jinping, had now cut a, quote, much more lasting and lucrative arrangement, all caps.
00:12:58.000That arrangement was the creation of HudsonWest3, an entity owned 50% by CEFC agent Gong Wendong and 50% by Hunter.
00:13:05.000The next day, Hunter told Gong Wendong via WhatsApp, quote, the Bidens are the best I know at doing exactly what the chairman wants from this partnership.
00:13:13.000In January of 2019, Hunter's assistant Katie Dodge wrote an email to Biden aide Richard Ruffner saying that Joe had elected to pay Hunter's legal bills, amounting to hundreds of thousands of dollars, and including his legal fees for restructuring his JV with the Bank of China.
00:13:27.000We know all of this only because Hunter isn't just a bag man for his dad.
00:13:31.000He is, as we should all remember, a drug-addled derelict.
00:13:35.000We'll get to how we know all of this in just one second and the scandal involved in that.
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00:14:46.000Okay, so how do we know about all of this scandalous material?
00:14:48.000Well, if you recall, the story broke wide open in mid-October 2020, just before the election, when Hunter's laptop, Hunter, while high as a kite, had left his laptop in a repair shop in Delaware and then never shown up again.
00:15:15.000On October 22, 2020, Biden lied right out in open debate.
00:15:19.000Joe said, quote, I have not taken a penny from any foreign source ever in my life.
00:15:23.000My son has not made money in terms of the thing about what are you talking about, China?
00:15:27.000The only guy who made money in China is Trump.
00:15:30.000The American public never got the full story before the election.
00:15:32.000That was because the FBI vaguely warned America's largest social media services that the laptop might just be Russian disinformation.
00:15:40.000So the social media services actively shut down dissemination of the New York Post's blockbuster story.
00:15:46.000Then, hundreds of former pseudo-experts on intelligence signed another letter, false, attesting that the laptop had the hallmarks of Russian disinformation.
00:15:54.000Then Joe's campaign suggested it was Russian disinformation too.
00:15:57.000All this time, Joe and Hunter and everybody else knew the laptop was real, including the FBI.
00:16:03.000All this time, Hunter was also under active criminal investigation by the FBI.
00:16:17.000Attorney David Weiss of Delaware, a man who'd worked with Beau Biden and had long connections with all the power players in the state of Delaware, announced a deal with Hunter.
00:16:26.000Hunter would get no jail time for the tax charges.
00:16:29.000He would receive a diversion on the gun charge.
00:16:31.000The deal also included a cleverly created proviso to immunize Hunter from all further investigation on his foreign dealings, including possible and obvious violations of the Foreign Agents Registration Act.
00:16:41.000That proviso was included in the diversion charge, not the tax charge.
00:16:45.000All of this blew up in public view because two IRS whistleblowers came forward saying that the DOJ had attempted to cram through the sweetheart deal in order to avoid implicating Joe.
00:16:54.000Not only that, they claimed that Joe Biden's DOJ under Merrick Garland had actually stopped the investigation by refusing Weiss' special counsel status and that the DOJ had pushed through the deal.
00:17:05.000The whistleblowers, as it turns out, were right.
00:17:07.000According to the New York Times, quote, Mr. Weiss appeared willing to forego any prosecution of Mr. Biden at all.
00:17:12.000His office came close to agreeing to end the investigation without requiring a guilty plea on any charges.
00:17:16.000But the correspondence reveals that his position, relayed through his staff, changed in the spring, around the time a pair of IRS officials on the case accused the DOJ of hamstringing the investigation.
00:17:26.000Now Mr. Weiss suddenly demanded that Biden plead guilty to committing tax offenses.
00:17:29.000The deal finally blew up when the judge in Hunter's case refused the plea deal she noted.
00:18:33.000The only shameless person here is the guy who sells $500,000 finger paintings to his dad's donors, then refuses to pay child support and insists that any settlement involved denying his daughter the right to use the only actual asset the Biden family has.
00:18:48.000Hunter should be hit with contempt, and he will be hit with contempt.
00:18:51.000The only question is how much more information is going to drip out that debunks every last argument Joe Biden has ever made about the innocence of his son and his own ignorance about his son's business arrangements.
00:19:01.000Again, the notion that Joe and Hunter were totally disconnected is a lie.
00:19:39.000In just one second, we'll get to a weird aspect of Hunter Biden's big announcement that he wasn't going to, you know, walk 10 feet into the building and testify yesterday first.
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00:22:31.000Apparently, it was not just Joe involved in the sort of obstruction-y behavior.
00:22:34.000According to Politico, Hunter Biden pulled off his surprise appearance at the Capitol on Wednesday with the help of a fellow California resident.
00:22:44.000The man who was schtipping a Chinese spy.
00:22:46.000The Democratic lawmaker confirmed to Politico that he reserved the Senate swamp, a spot mere feet from the Capitol that often hosts press conferences, for Hunter Biden's dramatic remarks.
00:22:55.000TV cameras spotted Swalwell beside the president's son as Hunter sought to go on offense against the House GOP.
00:23:01.000But apparently, it's not just that he helped set this whole thing up.
00:23:05.000Apparently, he also helped coordinate with the White House on this.
00:23:10.000One person who knew about the sudden appearance, the President himself.
00:23:13.000Two people familiar with Wednesday's morning events told Politico that Hunter Biden notified Joe of his plans.
00:23:19.000Again, kind of obstruction-y, I'm noticing.
00:24:15.000We've been having to do all of the work the Department of Justice refuses to do.
00:24:19.000And look, we can also hold him in contempt, if that's what we need to do in the House of Representatives, and then see where this process goes.
00:24:27.000Meanwhile, House Oversight Committee Chair James Comer, who's been leading this entire investigation, he says we do expect Hunter Biden to comply.
00:24:34.000That we expect him to come in and be deposed.
00:24:37.000This is a normal process in an investigation.
00:24:40.000This has been a serious, credible, transparent investigation from day one.
00:24:45.000We've published four bank memorandums.
00:24:47.000We've had countless press conferences.
00:24:49.000This is an investigation about public corruption at the highest level.
00:24:53.000We have accumulated mountains of evidence that's concerning to an overwhelming majority of Americans.
00:24:59.000We have specific questions in there, and I think we're going to allow you in there to see the piles and piles of documents, of bank statements, of emails, of text messages that we've worked very hard on in this committee over the last eight or nine months.
00:25:14.000We expect to depose the President's son, and then we will be more than happy to have a public hearing with him.
00:25:21.000Representative Jim Jordan of Ohio, who's on both the Judiciary and the Oversight Committees, he says, listen, if he's not going to show up, we'll hold him in contempt.
00:25:30.000And the way you get the facts in every single investigation I've been involved in is you bring people in for an interview behind closed doors where you can get those facts.
00:25:40.000And then, as the chairman said, we'd love for him to come public.
00:25:44.000Mr. Biden's counsel and the White House have both argued that the reason he couldn't come for a deposition was because there wasn't a formal vote for an impeachment inquiry.
00:25:53.000Well, that's going to happen in a few hours.
00:25:56.000We think the House of Representatives will go on record with the power that solely resides in the House to say we are in an official impeachment inquiry phase of our oversight.
00:26:05.000And when that happens, we'll see what their excuse is then.
00:26:08.000They should have been here today, but once we take that vote, we expect him to come in for his interview, for his deposition.
00:26:15.000And frankly, we'll also, I think, look at contempt proceedings as we move forward.
00:26:20.000So just for the facts, the reality is that contempt of Congress doesn't mean a whole hell of a lot.
00:26:25.000You have criminal contempt, where you actually have to file charges with the DOJ.
00:26:28.000The DOJ has to decide whether to go forward with those charges.
00:26:31.000You have civil contempt, in which you can ask the judicial branch to enforce a congressional subpoena, but that takes a while.
00:26:36.000And then you have inherent contempt, which is where you actually send the House or Senate sergeants-at-arms to detain and imprison somebody, which has really never been used.
00:26:50.000One is the actual corruption of Joe Biden and Hunter Biden and the fact that a lot of this stuff was taking place.
00:26:56.000These relationships were being formed, promises were being made while Hunter Biden's dad was vice president of the United States under Barack Obama.
00:27:02.000And a lot of the manipulative cover-up was happening while his dad was actually president.
00:27:07.000And it was the DOJ doing that manipulative cover-up with those sweetheart deals.
00:27:11.000But there's another aspect to this too.
00:27:13.000And that is the Democrats opened this can.
00:27:18.000Democrats impeached Donald Trump not once, but twice.
00:27:20.000And they did it on the basis of no criminality.
00:27:23.000They did not even allege criminality in their impeachment proceedings.
00:27:27.000They opened inquiries over a phone call that he had with Vladimir Zelensky with regard, actually specifically and weirdly, to an investigation by the Ukrainians into the corruption of Burisma.
00:27:38.000Turns out that corruption, fairly obviously, is real.
00:27:43.000And then number two was over January 6th, where no criminal charges were actually alleged by the members of the House Impeachment Committee.
00:27:51.000And so, once that can was open, the notion that Republicans were not going to use that against Joe Biden is insane.
00:27:58.000When you impeach somebody not once, but twice, and when you threaten to impeach them on day one, which is what Democrats did the minute that Donald Trump entered office, it was only a matter of time until Republicans opened an impeachment inquiry into Joe Biden.
00:28:10.000Either mutually assured destruction will be restored, in which case both parties go, listen, we can't keep impeaching each other's presidents.
00:28:35.000Meanwhile, Democrats are really upset about all of this.
00:28:37.000Alexandra Ocasio-Cortez, she has her lines to read, and she reads them with passion and lots of hand motions.
00:28:44.000She says the Biden impeachment inquiry is an exercise in futility.
00:28:47.000I'm certainly glad that someone informed her what that phrase means.
00:28:51.000Their own witness, their own Republican witness said that there are, from what he has seen, there are not grounds for an impeachment inquiry or rather frankly impeachment in general of President Biden.
00:29:05.000But that has not deterred the Republican side from continuing to try to force through a completely groundless and unsubstantiated, I won't even call it an investigation, I'll just call it an exercise in futility.
00:29:20.000Wow, she's very upset, and she's a very serious legal scholar.
00:29:27.000It would only be better if she were wearing her smart people glasses that she sometimes puts on in committee hearings to look like not an idiot.
00:29:32.000Meanwhile, Representative Dan Goldman, he's doing the same routine.
00:29:36.000I don't know why they decided to do a joint appearance, Dan Goldman and Jared Moskowitz, on MSNBC, but this looks like an outtake from Waiting for Godot, but like a really bad production.
00:29:53.000This is a bogus sham impeachment with no evidence whatsoever.
00:29:58.000And the notion that they're going to move forward for some sort of procedural reason is completely bunk.
00:30:05.000The Biden administration has been way more cooperative than they need to be and certainly far more cooperative than Donald Trump was when he provided zero documents to the congressional impeachment inquiry in 2019.
00:30:18.000The administration has provided witnesses, 100,000 and more documents.
00:30:23.000The problem here is not that they don't have the materials.
00:30:27.000The problem here is that they don't have any facts to support their allegations of
00:31:47.000Meanwhile, Representative Jasmine Crockett of Texas, Democrat, she's going even further.
00:31:51.000She says Republicans are domestic enemies.
00:31:54.000If you launch an impeachment inquiry into the president, you're a domestic enemy.
00:31:56.000I wonder what that what does that mean when Democrats do it to Trump twice?
00:32:01.000And right now, we know that they are continually trying to tear us down from within.
00:32:06.000When we swore our oath, we swore our oath to protect against enemies, foreign and domestic.
00:32:12.000And let me tell you something, those of us that serve on oversight, especially those of us that are specifically Democrats, I feel like we are constantly fighting domestic enemies and no one should feel that way.
00:32:24.000The American people should be outraged right now.
00:32:40.000Again, it's very hard to make the case also that your guy, Joe Biden, is being unfairly targeted by the House Republicans when I kind of noticed that Jack Smith is unfairly targeting Donald Trump in extraordinary ways.
00:32:53.000There's an excellent article by Jason Willick over at the Washington Post talking about Jack Smith's prosecution of Trump and more about the timeline of Jack Smith's prosecution of Trump.
00:33:02.000In other words, he's accelerating the timeline.
00:33:04.000Why does that timeline have to be accelerated?
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00:34:41.000Okay, meanwhile, as we are talking about, Democrats are claiming that it's totally unfair, wrong, horrifying for Republicans to open an impeachment inquiry into Joe Biden.
00:34:50.000Jack Smith is doing whatever he can to get Donald Trump arrested and put in jail before the election.
00:34:54.000Jason Willick has a really good piece over at the Washington Post about this.
00:34:57.000He says, There are real legal problems with special counsel Jack Smith's election interference case against Donald Trump.
00:35:03.000The former president's effort to overturn the 2020 election was despicable, but political lying isn't generally a crime.
00:35:08.000Smith's case thus must rely on some of the vaguest laws in the federal penal code applying them in untested ways.
00:35:14.000You think Trump's post-election behavior was clearly criminal, and President Biden's DOJ had no choice as a matter of law but to indict him for it.
00:35:20.000Two recent developments in the case should nonetheless undermine the fiction that Smith is an apolitical prosecutor.
00:35:26.000Smith sought a pretrial gag order against Trump that would have limited so much of the candidate's political speech that it had to be successively narrowed by two courts.
00:35:33.000Now, in a filing at the Supreme Court, Smith has all but announced that his prosecutorial timeline is controlled by the 2024 general election where Trump is likely to be a candidate.
00:35:43.000In September, Smith asked for startling restrictions on Trump's right to object to his own prosecution.
00:35:47.000He demanded that Trump be barred from disparaging and inflammatory statements about Smith or the judicial system.
00:35:53.000Most astonishing, the special counsel suggested Trump should be barred from blaming Biden for the prosecution, essentially muzzling a major line of criticism against the administration Trump wants to unseat.
00:36:03.000Judge Tanya Chetkan, appointed by Obama, clearly leans toward the prosecution in this case, but the gag order was significantly narrower than the one Smith sought.
00:36:12.000Then, last Friday, a three-judge appellate panel composed entirely of Obama and Biden appointees had to even narrow that gag order.
00:36:19.000Again, what Smith wanted was a dramatic violation of free speech principles against Donald Trump.
00:36:25.000But that brings us to point number two, which is the fast track.
00:36:28.000So, Smith filed a motion on Monday to bypass the normal appellate process and fast track the Trump trial based on what can only be described as a political timetable, says Willick.
00:36:38.000Trump claims he has immunity from prosecution because he was performing official presidential duties.
00:36:42.000When he tried to overturn the 2020 election, and because the Senate acquitted him in his 2021 impeachment trial.
00:36:47.000The claims are likely wrong, but they do raise novel legal issues.
00:36:50.000But the problem for Smith is that the trial can't be completed until you actually solve the issues.
00:37:49.000If the justices don't take the case now, the chances of completing a trial before the 2024 election will go down.
00:37:55.000If Trump is not tried and convicted by the election, the chances of Biden winning will take a hit.
00:37:59.000That's the whole point, and everyone can see it.
00:38:02.000When Trump complains that his case has been politicized, there's a lot more evidence to that effect than to the claim that there is a political motivation behind investigating the Biden corruption scandal.
00:38:13.000Okay, meanwhile, the latest on Claudine Gay, the president, the apparently invulnerable president of Harvard University.
00:38:21.000So the Harvard Crimson has now come out and suggested that she did, in fact, violate academic integrity.
00:38:28.000Now, once Harvard Law, the Crimson is a very left-wing newspaper.
00:38:31.000According to Mediaite, in an article detailing the allegations against Gay, the Crimson noted it independently reviewed the published allegations and concluded that Gay's work appeared to, quote, violate Harvard's current policies around plagiarism and academic integrity.
00:38:44.000The newspaper has been generally defensive of Claudine Gay.
00:38:49.000But the Crimson details the allegations and says that she pretty obviously violates standards that students would be bound by.
00:38:57.000Meanwhile, this brings about, again, what we talked about yesterday on the show, the final argument against getting rid of Clouding Gay, which is she's a black lady, and so any criticism of her is racist.
00:39:07.000The person best positioned to articulate this criticism is another mediocre but highly placed person who has been elevated because of her race and because of her intersectional status, Nikole Hannah-Jones, somehow touted as some sort of valuable historian, despite the fact that her histories are entirely wrong, biased, and quite disgusting, actually, morally.
00:39:27.000Here she was yesterday explaining, this is a racist campaign against Cloudy and Gay.
00:39:45.000I mean, we have no one has produced a shred of evidence that shows that the sole qualification that President Gay had was that she is a black woman.
00:40:23.000Nikole Hannah-Jones is one of the least qualified historians ever, and yet she was offered like a tenured position at a university in North Carolina.
00:40:29.000Then she turned it down, and she went to a historically black college and university.
00:40:33.000She's been made sort of the face of the New York Times by the fact she's not done a work for them for a couple of years.
00:40:39.000By the way, it's worth noting that if Claudine Gay had been fired, she would not be the first Harvard president to be fired.
00:40:44.000Lawrence Summers, you'll recall, was ousted from his position as president of Harvard University.
00:40:49.000This happened while I was actually at Harvard.
00:40:51.000He was ousted from that position for the great crime of suggesting that perhaps underrepresentation of women in the hard sciences was due to both underperformance on testing and also lack of interest.
00:41:14.000It really is truly amazing stuff and continues to be truly amazing stuff.
00:41:17.000But again, Clouding Gay cannot go for the same reason that DEI cannot go.
00:41:21.000It is the entire reason for a higher education now.
00:41:24.000The perversity of higher education has never been at a higher pitch.
00:41:28.000And frankly, I'm kind of pleased that they're keeping Clouding Gay because I would prefer that they don't, again, have the fig leaf of firing the president.
00:41:34.000Like over at UPenn, donors can now feel assuaged that maybe their concerns have been heard.
00:41:39.000So hopefully people continue to pull their money from Harvard University and other major universities that mirror that same DEI, diversity, equity, and inclusion nonsense, that have become part and parcel of the indoctrination course at all of our top-level institutions.
00:41:54.000Alrighty, in one second, we'll get to the update on Ukraine.
00:41:57.000It looks like the Biden administration may be starting to finally cave on some border-related measures.
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00:43:04.000Meanwhile, as we've been discussing for at least a couple of weeks at this point, the Biden administration wants this giant check signed to Ukraine and Israel and Taiwan.
00:43:12.000And a little bit for the border, but no actual changes in policy at the border.
00:43:16.000Well, they've been trying this line for a while here that if Republicans don't just sign off on a clean Ukraine bill, it's because they love Putin and it isn't working.
00:43:23.000They continue to push the line, but again, that dog is not hunting.
00:43:26.000Here's Hakeem Jeffries, the House Minority Leader.
00:43:29.000If an agreement is reached, do you believe the Speaker will put it on the floor?
00:43:34.000That remains to be seen because the pro-Putin caucus of the House Republican Conference is extreme, it's loud, and it's growing.
00:43:45.000It's led by Marjorie Taylor Greene and Jim Jordan on the inside, and on the outside it's led by Donald Trump and Tucker Carlson.
00:43:53.000And it seems increasingly clear that this pro-Putin caucus would like to see Vladimir Putin win in Ukraine, which would be bad for America's national security, which is why it's an open question as to whether House Republicans are serious at all about funding the Ukrainian war effort.
00:44:13.000Okay, again, that dog isn't gonna hunt because Republicans are already like, sure, we just want you to actually secure the border.
00:44:18.000Well now, Senate negotiators, according to the Wall Street Journal, have moved closer to striking a broad deal on changes to U.S.
00:44:24.000border policy after the White House offered significant concessions to win Republican support for separate legislation further funding Ukraine in the war against Russia.
00:44:31.000The deal would mark a breakthrough on an issue that has roiled Washington for decades,
00:44:34.000with the current talks driven by the record number of migrants crossing the southern border
00:44:38.000and GOP lawmakers' decision to tie new aid to Kiev to changes in immigration policy.
00:44:43.000While Democrats are criticizing that linkage, many are signaling in recent days
00:44:46.000they would be willing to make such a trade-off.
00:44:48.000That White House offer includes creating a new expulsion power at the border
00:44:51.000that would allow the government to turn away asylum seekers without letting them claim asylum.
00:44:55.000Democrats have proposed allowing that new expulsion authority to be used
00:44:58.000only if certain thresholds are hit, like daily illegal border crossings.
00:45:01.000Democrats have also offered to create a requirement that some asylum seekers be held in immigration detention
00:45:07.000That wasn't know whether the new requirement would apply to migrant families or only single adults.
00:45:11.000It would also raise the initial threshold asylum seekers must meet in a screening interview and expand the government's rapid deportation authority to be used nationwide rather than just at the border.
00:45:21.000Senator James Lankford of Oklahoma said, we're going to have to hustle, but it's still possible there's still days in the calendar.
00:45:27.000Representative Don Bacon of Nebraska, he said we're close to an agreement.
00:45:30.000Not sure we're there totally, but close.
00:45:32.000Now again, these are major concessions from Joe Biden over the border.
00:45:36.000And frankly, we should continue to fund Ukraine so that they don't actually collapse under the weight of a new Russian invasion, for example.
00:45:44.000And we should fund Israel in its battle against Hamas.
00:45:46.000And we should fund Taiwan so that they are armed like a porcupine against China.
00:46:18.000They're not changing the interest rates.
00:46:19.000We expected that because the inflation rate has been coming down and the economy has been slowing.
00:46:24.000But they're also signaling that they may start to lower the interest rates as early as next year and they might do it as much as three times.
00:46:31.000So that is obviously causing the stock market to jump because people are now assuming that that means when the new money flows in the stock prices are going to go up because what are you going to do with new money flowing into the system if you don't know what to do with it?
00:46:43.000So get in now and get in early would be sort of the idea.
00:46:46.000Now Warren Buffett is thinking the opposite.
00:46:48.000Warren Buffett is thinking there are no new business starts.
00:46:51.000Tossing money at the American economy has not in fact generated massive growth.
00:46:56.000It's not a question of the fluidity of cash in the American economy right now.
00:47:00.000It's a question of who's willing to invest in a long-term growth project in the United States when the political situation is so rife with chaos, when it feels as though the entire working community is shot through with bad employees.
00:47:15.000Like, it's harder to start a business now than it has been at any time in the recent past.
00:47:19.000Now, without people starting new businesses and coming up with new products and new services, that's the stuff that generates economic growth, not government spending.
00:47:25.000And so, the stock market may continue to rise because, again, where are you going to put your money if there's more money in the system?
00:47:30.000But that does not necessarily spell economic health.
00:47:33.000So, the Dow Jones Industrial hit an all-time high because they were cheering progress on inflation and they're seeing the possibility that, again, monetary policy is going to get looser next year.
00:47:44.000Whether that soft landing is going to now materialize in a way that does not mean economic stagnation is anybody's guess.
00:47:53.000The definition of soft landing is going to be what's in question.
00:47:55.000A soft landing, presumably according to the Biden administration, would mean just avoiding a formal recession.
00:48:01.000But if they mean they're going to avoid stagnation, I have serious doubts.
00:48:06.000According to founder of Sam Consulting and former Fed Economist, the soft landing is in the bag.
00:48:09.000Inflation has come down for several months.
00:48:11.000Recession calls are coming off the table.
00:48:12.000Barring any other catastrophe, the economy has done the impossible.
00:48:16.000Joseph Laborna, Chief Economist at SMBC and Ecosecurity said, recent history suggests a March 2024 rate cut is happening.
00:48:26.000Investors are betting on a 75% chance the federal slash rates in the first three months of next year.
00:48:30.000Presumably, that would also be political.
00:48:31.000An attempt to inject new liquidity into the economy in advance of the election so as to increase a feeling of economic health going into election 2024.
00:48:39.000And then Biden gets to brag about his economic record or something.
00:48:43.000Again, I remain highly suspicious of the idea that you can have stagnating wages for full-on two years, that you can inject this much money into the economy, and then have overall inflation that in terms of, for example, mortgages is up 90% since 2020.
00:49:00.000And that you can somehow come out of the other end with a healthy economy.
00:49:03.000I just think that's a very, very difficult thing to actually expect at this point.
00:49:08.000Okay, in just one second, we'll bring you the latest from the Israel-Hamas war.
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