The Ben Shapiro Show - The Barbarians Are At The Gates | Ep. 1595

00:00:00.000 Environmental activists try to trash great works of art to save the earth.

00:00:03.000 The White House grants an interview to TikTok transgender star Dylan Mulvaney, and Republicans' 2022 odds skyrocket.

00:00:10.000 I'm Ben Shapiro.

00:00:10.000 This is The Ben Shapiro Show.

00:00:12.000 The Ben Shapiro Show is sponsored by ExpressVPN.

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00:02:34.000 How did you hear about us, Buck?

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00:02:37.000 Well, folks, we may have arrived at the end of Western civilization.

00:02:40.000 I say this with very little sense of exaggeration, actually, because what we are watching right now is not just the barbarians at the gates.

00:02:46.000 We are watching the barbarians within the gates.

00:02:48.000 There's an entire cadre of people who live in the West who have decided that all of the great institutions of the West must be torn down to their roots.

00:02:56.000 They're not really talking about what they want to rebuild on top of that.

00:02:59.000 The basic idea is that all these institutions must be leveled in order to presumably make way for a better world.

00:03:04.000 But even if there is no better world, the real evil is the institutions.

00:03:07.000 It's not we got to knock this stuff down and build something better.

00:03:09.000 It's not even the sort of Marxist utopian vision.

00:03:11.000 It's just all this stuff hems me in all these vestiges of our civilization.

00:03:16.000 They're bad. 0.82

00:03:18.000 All of the West essentially is a monument to evil and colonialism and transgender anti-transgender bigotry and all the rest. 0.83

00:03:27.000 The idea is that all the rules and the institutions and all of the hallmarks of our civilization have essentially been chains on the human soul.

00:03:36.000 And once we break those chains, once we get rid of our worship of the past, once we get rid of all of those rules and rules and regulations, once we do all those things, then supposedly the human spirit can be free.

00:03:46.000 But even if the human spirit is not free, all those things deserve to die.

00:03:50.000 And you're seeing this as a widespread sentiment that has now bled down from the universities all the way down to the lowest levels of society in the West and then bled back up into politics because that is the way, traditionally, that ideas enter the mainstream of politics.

00:04:02.000 Politics is the last vestige of everything.

00:04:05.000 Politics is the endpoint.

00:04:06.000 Basically, things start With an intellectual elite who promote really, really bad ideas, and they do so to other elites.

00:04:13.000 And those elites then take charge of institutions, generally not political institutions, generally all the other institutions of culture.

00:04:19.000 You're talking about art, you're talking about commerce, and then that bleeds down to the general public.

00:04:24.000 The general public picks up on this and then it bleeds back up into politics because all those people vote.

00:04:29.000 And that is what we are seeing right now.

00:04:30.000 And you're seeing it across the West.

00:04:32.000 You see sort of inklings of it.

00:04:33.000 And people accuse you of exaggeration when you say stuff like this, of course, because when you look at sort of the bellwether events, when you look at the flag on top of the iceberg and you say this may Be foreboding.

00:04:46.000 This may actually bode some deeper ill.

00:04:49.000 When you say that sort of stuff, people poo-poo it.

00:04:51.000 No, that's not true.

00:04:52.000 No, no, no.

00:04:53.000 You're just, you're, you're, you're cherry picking. 1.00

00:04:55.000 You're, you're idiot picking. 1.00

00:04:56.000 You're, you're nut picking. 1.00

00:04:57.000 You're, you're finding the worst of the worst.

00:04:59.000 And then you are highlighting that as though this is indicative of something broader.

00:05:02.000 But here's the thing.

00:05:03.000 It is indicative of something broader.

00:05:06.000 When you see extremists who do extreme things and then they are cheered for it by members of the media, for example, or when you see people who say and do things that are actual evidence of mental disorder, and those things are cheered by the President of the United States, this says something deeper about the nature of our civilization and the value system that is being torn down.

00:05:25.000 And that's what we are watching in real time right now.

00:05:27.000 So we have a few of those flags that are atop the iceberg, that melting iceberg of Western civilization right now.

00:05:32.000 So the first flag that cropped up over the weekend was yet another attack on a great work of art.

00:05:37.000 This time, Apparently, Claude Monet has become the latest artist to be the focus of food-related climate protests, according to the UK Guardian.

00:05:44.000 Members of a German environmental group threw mashed potatoes over one of his paintings in a Potsdam museum on Sunday.

00:05:50.000 So, we have video of this.

00:05:52.000 It is a painting that is worth apparently $111 million.

00:05:54.000 It's...

00:05:58.000 Again, all works of art sit atop a structure of civilization.

00:06:03.000 Those works of art are the outgrowth of civilization, and so they are hallmarks of that civilization.

00:06:07.000 So you have these German environmental protesters throwing mashed potatoes all over this work of art, and they say, people are starving, people are freezing, people are dying.

00:06:17.000 They glued themselves to the wall.

00:06:18.000 We are in a climate catastrophe.

00:06:22.000 And all you are afraid of is tomato soup or mashed potatoes on a painting.

00:06:29.000 You know what I'm afraid of? 0.99

00:06:32.000 I'm afraid because science tells us, says this German moron, that we won't be able to feed our families in 2050. 1.00

00:06:37.000 You're not going to have a family. 0.99

00:06:43.000 Does it take mashed potatoes on a painting to make you listen?

00:06:47.000 This painting is not going to be worth anything if we have to fight over food.

00:06:52.000 Well, then first of all, you shouldn't waste your mashed potatoes.

00:06:54.000 But second of all, There are so many questions here.

00:06:57.000 One, where the hell is security?

00:06:59.000 Where's security? 1.00

00:07:00.000 People are standing around and these morons walk into the museum with the Monet painting. 0.99

00:07:06.000 Wearing orange vests and presumably carrying a canister of mashed potatoes. 0.98

00:07:09.000 And they just freely do this with a videographer who's taking tape of all this.

00:07:14.000 And of course, this is not the first protest like this.

00:07:16.000 Just nine days ago, there was an attack on a Van Gogh painting. 0.97

00:07:19.000 And again, environmental idiots decided that they were going to glue themselves to the wall below a Van Gogh painting after throwing tomato soup at the Van Gogh painting. 0.98

00:07:28.000 What is worth more, art or life? 1.00

00:07:33.000 Is it worth more than food?

00:07:35.000 Worth more than justice?

00:07:38.000 Are you more concerned about the protection of a painting or the protection of our planet and people?

00:07:46.000 The cost of living crisis is part of the cost of oil crisis.

00:07:51.000 Fuel is unaffordable to millions of cold hungry families.

00:07:57.000 They can't even afford Okay, this is a generation that is completely bereft of decency, of morality.

00:08:05.000 I'm not going to blame the entire generation.

00:08:07.000 But what we have here is a civilization that does not know its way, does not know why it is what it is.

00:08:14.000 And now you have people who are tearing this down, because let's be frank about this.

00:08:16.000 This is not about the environment.

00:08:17.000 No one here believes that by throwing mashed potatoes on a painting, they are going to magically cure climate change or that this is going to win friends and admirers.

00:08:25.000 That all over the world, millions of people are going to say, Those heroes who threw mashed potatoes on the Monet, they've now caused me to give up the fact that coal and gas are more efficient than solar and wind.

00:08:38.000 And they know that's not going to happen.

00:08:38.000 That's not going to happen.

00:08:39.000 It's about the destruction.

00:08:42.000 It is.

00:08:42.000 It is not about building anything.

00:08:44.000 It is not about a better world.

00:08:45.000 They're not going to school to learn how to create better tech to cure the climate crisis.

00:08:49.000 They're not figuring out how to geoengineer.

00:08:50.000 They're not doing something productive.

00:08:51.000 They're doing something destructive because the barbarians are about the destruction.

00:08:55.000 They're not about building anything new.

00:08:56.000 They're not about the utopia.

00:08:58.000 Again, many of the people who were destructive in the past were destructive, at least you could say this for them, because they wish to build something better.

00:09:04.000 These people don't wish to build anything better.

00:09:05.000 They just wish to destroy.

00:09:07.000 Because again, the painting is, in fact, there's a reason they're targeting these paintings.

00:09:11.000 And it's not just because they're beloved paintings.

00:09:13.000 It's because they're beloved Western paintings.

00:09:15.000 You don't see them going after expensive objects that are, for example, from colonialized parts of the world.

00:09:21.000 The idea is you have to go after the great works of art of Western civilization because those Western civilization pieces are indicative of a broader evil.

00:09:31.000 And then you have members of the media who celebrate this sort of stuff.

00:09:32.000 You have Eileen Getty writing for the UK Guardian saying, I fund climate activism and I applaud the Van Gogh protests.

00:09:38.000 Two climate activists who threw soup on the protective glass covering a Van Gogh sunflowers painting have captured the attention of the world.

00:09:44.000 While some have ridiculed the activists, as a funder of climate activism, I'm proud of the bigger conversation they've started.

00:09:49.000 Ah, the bigger conversation.

00:09:51.000 By the way, Getty is the daughter of the Getty family.

00:09:54.000 I'm the daughter of a famous family who built their fortune on fossil fuels, but we now know the extraction and use of fossil fuels is killing life on our planet.

00:10:01.000 Our family sold that company four decades ago.

00:10:02.000 I instead vowed to use my resources to take every means to protect life on Earth.

00:10:06.000 I proudly provide funding to the Climate Energy Fund, which in turn makes grants to climate activists engaged in nonviolent legal civil disobedience, including Just Stop Oil, the group the activists represented.

00:10:15.000 So you now have, I mean, this is, again, Indicative of deeper ills, the scions of companies that were built and created massive wealth and prosperity on planet Earth.

00:10:24.000 Now their fourth generation, great, great, great grandkids.

00:10:27.000 Those kids are now funding people to throw mashed potatoes and tomato soup on iconic works of art.

00:10:35.000 And this is the thing that they are pushing.

00:10:37.000 It is all about the destruction.

00:10:39.000 And here's the thing, we're supposed to celebrate the destruction.

00:10:40.000 And this is true in literally every arena of life.

00:10:43.000 The destruction is the point.

00:10:45.000 The destruction is not a byproduct.

00:10:47.000 It's not an accidental byproduct of you gotta break a few eggs to make an omelette.

00:10:50.000 They don't care about the omelette.

00:10:52.000 What they care about is the breaking of the eggs.

00:10:53.000 The eggs must be broken.

00:10:55.000 The goal is the destruction.

00:10:58.000 This is true when it comes to any piece of important Western work.

00:11:04.000 This is true particularly with regard to really, really important things, not just like great art, but also with regard to, for example, sex roles and the notion that there are men and there are women and that there is such a thing as traditional moral sexual behavior.

00:11:16.000 These are seen as things that are the building blocks of civilization.

00:11:19.000 All civilization is built on man, woman, child, family formed unit. 0.94

00:11:24.000 This unit has the basis of all society.

00:11:27.000 This is not just a Western thing.

00:11:29.000 This is true all over the world.

00:11:31.000 But the Left, in the West, has decided that those structures are incredibly restrictive.

00:11:37.000 And so those structures have to be destroyed from within.

00:11:39.000 And they celebrate the destruction.

00:11:40.000 And our entire society has learned to celebrate the destruction.

00:11:42.000 Now, there's a very indicative statement made by Madonna, actually.

00:11:47.000 She put out an Insta, and on her Insta, she put a note And here's what it said, quote, 30 years ago I published a book called Sex.

00:11:55.000 In addition to photos of me naked, there were photos of men kissing men, women kissing women, and me kissing everyone.

00:12:00.000 I also wrote about my sexual fantasies and shared my point of view about sexuality in an ironic way.

00:12:04.000 I spent the next few years being interviewed by narrow-minded people who tried to shame me for empowering myself as a woman. 0.99

00:12:09.000 I was called a whore, a witch, a heretic, and the devil. 1.00

00:12:12.000 Now Cardi B can sing about her wap, Kim Kardashian can grace the cover of any magazine with her naked ass, and Miley Cyrus can come in like a wrecking ball. 1.00

00:12:19.000 You're welcome, bitches. 1.00

00:12:21.000 So, I have a question. 0.99

00:12:23.000 Is the world a better place because of what Madonna did?

00:12:26.000 I mean, let's assume that she's right here.

00:12:29.000 Is this something to brag about?

00:12:29.000 This is what you put on your epitaph, right?

00:12:31.000 You die and you erect your gravestone. 1.00

00:12:33.000 On your gravestone, you say, I paved the way so Cardi B could rap about her wet-ass p***y. That is your move. 1.00

00:12:42.000 Because the idea is that the destruction is the liberation.

00:12:45.000 Watching things burn is what these folks want to do.

00:12:48.000 They want to tear down all the things that are important to a civilization and then celebrate on the ashes.

00:12:53.000 That's the goal.

00:12:55.000 And again, it bleeds down from the top level of our culture all the way down to low culture.

00:13:00.000 It bleeds from high culture to low culture.

00:13:02.000 This destructive tendency.

00:13:05.000 It's not new in Western civilization.

00:13:06.000 You've seen it before.

00:13:08.000 The French Revolution was a good indicator of this. 0.98

00:13:10.000 The idea was all these structures are hemming us in.

00:13:12.000 Let's not just destroy the structures.

00:13:13.000 Let's destroy everything.

00:13:15.000 Let's level all of society.

00:13:16.000 But at least you could say about the French revolutionaries that they were fighting an actual aristocracy that had prevented people from being able to live in prosperous fashion.

00:13:24.000 You can't say that about the West.

00:13:26.000 People in the West are living the best that human beings have ever lived in the history of humanity.

00:13:30.000 Without doubt.

00:13:31.000 Without question.

00:13:32.000 And yet people want to tear things down anyway.

00:13:33.000 They want to tear everything down.

00:13:35.000 Because, and everything comes down to, I have a feeling inside me, and anyone who says no to my feelings is denying me, me.

00:13:44.000 Any institution that makes demands of me, any institution that suggests duty, or that suggests skill, because what great art does is suggest skill, it suggests training.

00:13:54.000 Any institution that says there is a better and there is a worse, aesthetically, morally, Any institution that creates rules for the road and that makes people's lives better.

00:14:04.000 It actually doesn't make people's lives better.

00:14:05.000 It makes my life worse.

00:14:07.000 It makes my life worse because there's a feeling inside me and that feeling must be not only humored but celebrated by society.

00:14:13.000 Full scale celebrated by society.

00:14:15.000 And this brings us to Dylan Mulvaney going to the White House.

00:14:19.000 So there's a person I'd never heard of until about a week ago named Dylan Mulvaney.

00:14:23.000 Dylan Mulvaney is a man.

00:14:25.000 Dylan Mulvaney was a star on Broadway of Book of Mormon, which is a very anti-religious musical that was done by Matt Stone and Trey Parker, the South Park guys.

00:14:35.000 And Dylan Mulvaney was apparently a talented enough singer-actor to actually be in that show on Broadway.

00:14:43.000 Three quarters of a year ago, Dylan Mulvaney decided that Dylan Mulvaney was a woman.

00:14:46.000 Now, this had followed on Dylan Mulvaney jumping online at the beginning of COVID and spending a couple of years building up a following.

00:14:54.000 And then Dylan Mulvaney decided that Dylan Mulvaney was a girl.

00:14:57.000 And so, Dylan Mulvaney started releasing a series called Day Blank of Being a Girl, right?

00:15:04.000 And it was documenting every single day being... Now, this is a man.

00:15:06.000 This is a grown-ass man who's saying that he is a girl.

00:15:11.000 Here, for example, is day one of Dylan Mulvaney announcing that he is, in fact, a she. 1.00

00:15:16.000 And let's be real about this.

00:15:17.000 What this is, is this is a man who is cosplaying as a woman.

00:15:21.000 Actually, he's cosplaying as a young girl, is what he's actually doing. 0.99

00:15:24.000 Because his characterization of women is sexist, ridiculous, stereotypical, and disordered. 0.97

00:15:32.000 But this is treated as something good. 0.97

00:15:34.000 Because what this is really about is not about building anything up.

00:15:36.000 What this is really about is tearing everything down.

00:15:38.000 There's no such thing as a man.

00:15:39.000 There's no such thing as a woman. 1.00

00:15:40.000 A man can be a girl. 0.83

00:15:41.000 A girl can be a boy.

00:15:42.000 And anybody who says differently is a bigot.

00:15:44.000 All institutions that fundamentally undergird human reproduction or the family structure, those must be torn away.

00:15:51.000 The left made the claim in the 1960s that the personal is political.

00:15:55.000 When it comes to this stuff, the personal is very, very political. 0.96

00:15:58.000 And pretending that this does not have a political aspect is, of course, incredibly silly. 0.93

00:16:01.000 So here's Dylan Mulvaney.

00:16:03.000 Dylan James Mulvaney is this person's name.

00:16:07.000 And this person claiming that he is a girl.

00:16:09.000 This is day one.

00:16:09.000 This is the first video.

00:16:11.000 Something like 8.5 million views on TikTok.

00:16:14.000 Day one of being a girl and I have already cried three times.

00:16:17.000 I wrote a scathing email that I did not send.

00:16:20.000 I ordered dresses online that I couldn't afford.

00:16:23.000 And then when someone asked me how I was, I said, I'm fine.

00:16:27.000 When I wasn't fine.

00:16:31.000 How'd I do, ladies? 0.93

00:16:32.000 Good?

00:16:33.000 Because I have a question.

00:16:33.000 Girl power!

00:16:35.000 Are women feeling emboldened by this, strengthened by this?

00:16:40.000 Or do you feel insulted by this, as you should?

00:16:42.000 A man saying that day one of being a woman involves crying three times, ordering dresses you can't afford, and telling people that you are fine when you're not fine.

00:16:49.000 If Bill Burr made that joke about women, he would be called a sexist.

00:16:52.000 But Dylan Mulvaney is cosplaying it being a woman, and therefore we have to pretend that he is, in fact, a woman.

00:16:56.000 Like, day one, we have to pretend that he is a woman. 0.89

00:16:59.000 Literally the day that he announces that he's a girl, we have to pretend that he is now a girl. 0.79

00:17:03.000 And let's be clear about this.

00:17:04.000 Dylan Mulvaney is a dude.

00:17:06.000 And you can see this.

00:17:08.000 Take Dylan Mulvaney.

00:17:08.000 One of the videos that Dylan Mulvaney has on on his TikTok page is a video of himself singing.

00:17:15.000 Got a very nice voice, by the way, singing as a dude and then cosplaying as a woman.

00:17:19.000 And then at the very end of the video, you will actually hear Dylan Mulvaney dressed as a woman singing the way that he used to because, again, he is a he and nothing has changed other than the makeup and the garb and the hair.

00:17:29.000 So, yeah, I'm gonna go ahead and play that. And I'll see you guys later.

00:17:43.000 I am on your shoulder.

00:17:47.000 You raise me up to more than I can do.

00:17:56.000 Personally, I've never met that boy.

00:17:58.000 Seems like a really sweet kid.

00:18:00.000 But I just don't know who that is.

00:18:04.000 You raise me up.

00:18:06.000 you Okay, that is Dil Mulvaney dressed as a girl saying, I don't know who that is. 0.99

00:18:12.000 And then Dil Mulvaney close up singing the same song, same voice, right?

00:18:15.000 Nothing has changed, but we're supposed to pretend something has changed because it's about tearing down institutions, about tearing down male, female. 0.89

00:18:21.000 It's about tearing down reality and factual basis for reality.

00:18:26.000 And it is again about insulting every institution that exists in not only the West, but all over the world.

00:18:33.000 So for example, here's Dylan Mulvaney talking about being a bride.

00:18:36.000 This is a man talking about being a bride.

00:18:40.000 Here comes the bride! 1.00

00:18:43.000 I'm 54 being a girl and I grew up as a gay kid not even thinking that I could get married, let alone being a bride. So here are the rules for my hypothetical wedding.

00:18:54.000 Whoever I'm marrying, whether it be a man, a woman, a non-binary person, I am going to be the last one to walk down the aisle. 0.93

00:19:01.000 And I hope that doesn't sound- Okay, fine. So, it's just amazing.

00:19:04.000 You can't be a bride, you're a man. 1.00

00:19:07.000 I'm sorry to break it to you, you cannot be a bride, you're a man. 0.98

00:19:09.000 Because the definition of bride includes woman in the definition of bride. 0.99

00:19:13.000 And Dylan Mulvaney, again, being a man, talks in his videos about how he walks around wearing short shorts, like very tight shorts, and people notice the fact that he has a penis. 0.99

00:19:25.000 Because he's wearing very tight shorts. 0.99

00:19:27.000 And so he has a few choices. 1.00

00:19:29.000 He can either do a painful procedure called a tuck, which involves taping your genitals up underneath you, apparently, or you can normalize the fact that you are, in fact, a man walking around showing your dick bulge while dressed as a woman. 1.00

00:19:44.000 But I was walking around and everyone was staring and I was like, oh, OK, what's going on? 1.00

00:19:50.000 And they were all staring directly at my crotch.

00:19:53.000 And I went, oh, I forgot that my crotch doesn't look like other women's crotches sometimes because mine doesn't look like a little outer pocket. 0.92

00:20:02.000 And I thought, okay, Dylan, you have some options here.

00:20:05.000 Number one, you can stop wearing clothes that fit like this and just find looser fitting items.

00:20:12.000 Number two, I can do a tuck, which is going to have to be a whole other video, but it's very painful and involved of a Or number three, I just normalize it and I wear clothes like this and we all just normalize women having bulges sometimes. 0.98

00:20:28.000 You mean we normalize men dressing as women and showing their d**k bulge? 0.99

00:20:33.000 That's what we're talking about here. 0.99

00:20:34.000 Okay, so the only reason this is relevant is because Dylan Mulvaney has now achieved a wild number of sponsorships from makeup and fashion outlets.

00:20:43.000 This person has 8.3 million followers on TikTok.

00:20:49.000 And recently, this person did a video for Ulta, which is a major makeup brand, talking about how he could be a mother.

00:20:56.000 It was a clip that came out last week.

00:20:57.000 He could be a mother. 0.74

00:20:58.000 And he never knew that he could be a mother.

00:21:00.000 Well, no one knows that you can be a mother because you can't actually be a mother.

00:21:02.000 Okay, so this caused some blowback.

00:21:05.000 And the Biden administration jumped in.

00:21:07.000 And the Biden administration invited Dylan Mulvaney to interview the President of the United States.

00:21:12.000 Because again, this is how cultures are destroyed from within.

00:21:16.000 The barbarians are inside the gates.

00:21:18.000 You take ideas that carve away at the very fundamental bases of all civilization, and then you treat them as though these are aspects of heroism.

00:21:29.000 You carve away at that.

00:21:30.000 And the carving is the heroism.

00:21:32.000 The destruction of the institutions is the point.

00:21:35.000 The burning of it all down is what you want to do.

00:21:38.000 Not in order to build a better world, but because those things are bad.

00:21:40.000 And because you can coalesce an intersectional coalition of people who are going to vote for you if you are Joe Biden.

00:21:46.000 You can make political hay out of this sort of stuff.

00:21:49.000 We'll get some more on this in just one second.

00:21:50.000 First, did you know that there are over 2.4 million podcasts on planet earth?

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00:23:56.000 And so Dylan Mulvaney announced last week, late last week, that he had been invited to the White House to discuss life with the President of the United States.

00:24:08.000 And he talked about what he was going to wear, and the answer was he was going to wear effectively a sort of traditionalist skirt suit and sit across from the President of the United States.

00:24:22.000 Here is Dylan Mulvaney announcing last week that he was going to go to the White House to interview the President of the, the most powerful person on the planet and the emissary of American values at home and abroad.

00:24:33.000 Here's Dylan Mulvaney announcing this.

00:24:35.000 looking for the president's dog.

00:24:37.000 Our queen.

00:24:39.000 Love you.

00:24:40.000 I love you.

00:24:41.000 We're about to go.

00:24:42.000 Is there anything in my teeth?

00:24:46.000 The President of the United States gave me a cookie.

00:24:49.000 He gave me a cookie in the Oval Office.

00:24:51.000 Now here's the question.

00:24:52.000 Do I eat it?

00:24:53.000 Or do I save it?

00:24:54.000 It has a seal.

00:24:56.000 Please, honestly, tell me.

00:24:57.000 Everyone!

00:24:58.000 I got to pet the dog!

00:25:00.000 I got to pet his dog!

00:25:01.000 I'm still in shock, and don't be mad, but I don't get to post any of the footage until after the interview airs on Sunday night.

00:25:07.000 But it's gonna be worth it, because I can't wait for you to hear everything that we talked about.

00:25:12.000 I left with a lot of hope and optimism, not only for just trans people, but many different topics, and the fact that our president has watched Days of Girlhood!

00:25:22.000 It's kind of epic.

00:25:26.000 It is, in fact, rather telling that our president has watched Days of- Now, spoiler alert.

00:25:29.000 The president of the United States doesn't know who this person is.

00:25:32.000 I really, really doubt that Joe Biden has been sitting there on TikTok watching Days of Worldhood.

00:25:36.000 One, because he can't stay awake through an entire TikTok video.

00:25:39.000 Two, because he doesn't know how computers work.

00:25:41.000 And three, because he's 80 years old.

00:25:44.000 So there are a multiplicity of reasons why he has no idea who Dylan Mulvaney was.

00:25:46.000 So his very online woke staff brought him Dylan Mulvaney.

00:25:51.000 And a very uncomfortable Joe Biden was then interviewed by Dylan Mulvaney.

00:25:54.000 So the beginning of the interview, Dylan Mulvaney announces that he, in fact, is a she. 0.99

00:25:58.000 And Joe Biden reacts with all of the enthusiastic alacrity of a man who is 80 years old and somnambulant.

00:26:07.000 This is my 221st day of publicly transitioning.

00:26:11.000 God, I love you.

00:26:14.000 God, I love you.

00:26:16.000 Remember, the destruction is the point.

00:26:18.000 It's up at the highest level of our politics.

00:26:20.000 Why?

00:26:21.000 Because, again, if you're a politician, maybe you hope to channel that into the rebuilding of a better world.

00:26:25.000 Maybe if you're Joe Biden, Build Back Better involves leveling everything else.

00:26:28.000 Maybe for the Democratic Party, you have to destroy these institutions, because after all, if you can destroy the institution of the family, if you can destroy distinctions between the sexes, if you can posit the idea that all inequality of result is the result of a failed system, then people will give you power to fix that failed system.

00:26:43.000 Maybe that's the idea behind it.

00:26:45.000 But for the people who are destroying the system, it's just about destroying the system.

00:26:48.000 So this resulted in what I have to say is one of the most disturbing clips, maybe the most disturbing clip in presidential history. 0.98

00:26:58.000 Dylan Mulvaney, a man cosplaying as a woman, a man who talks about taking hormones in order to grow his nipples. 0.99

00:27:04.000 I kid you not. 0.98

00:27:06.000 Dylan Mulvaney, a man who has Make up contracts with, again, a bunch of advertisers who hope to apparently demonstrate their tolerance and diversity by showing that a man can be a woman.

00:27:18.000 In the most insulting way possible to women, by the way, just acting as a female stereotype because, in fact, a man cannot be a woman and women are not, in fact, men.

00:27:26.000 Dylan Mulvaney is sitting there with the President of the United States, the most powerful person on Earth, and given the fact that the United States is the most powerful country in human history, Perhaps the most powerful person in human history sitting across from Dylan Mulvaney.

00:27:37.000 And Dylan Mulvaney asks Joe Biden about quote unquote gender affirming health care.

00:27:41.000 Gender affirming health care is a euphemism for giving mass doses of hormones of opposite sex hormones to children. 0.98

00:27:49.000 And transitioning them toward the point where we then mutilate them. 0.99

00:27:52.000 Where we take little boys or young men and we cut off their penis and their testicles and we form a fake body cavity and we invert the head of the penis so that it creates a fake orgasmal structure. 0.99

00:28:08.000 Or we take a young girl and we cut off her breasts and we sterilize her and we form a fake penis out of a piece of arm flesh. 0.99

00:28:16.000 And this is termed gender-affirming healthcare. 0.99

00:28:19.000 Gender-affirming healthcare, which really should be titled, if we were not euphemistic about it, sex-denying healthcare, because that's really what it is.

00:28:24.000 It is taking your sex and it is denying it. 0.99

00:28:26.000 It is pretending your sex does not exist, and that what really exists, the truth of you, is your feeling inside your head, your actual body, you know, your material body, which is all structured with DNA, which is all structured with characteristics of asex. 0.62

00:28:37.000 None of that exists.

00:28:38.000 It's all in your imagination, and your imagination is really what matters.

00:28:42.000 Well, Dylan Mulvaney asked the President of the United States about this.

00:28:46.000 And here is how this clip goes.

00:28:49.000 When I say that a thousand years from now, people will be watching this clip and wondering how the United States felt, let me just say that a thousand years from now, people will be watching this clip and saying, how did the United States fall?

00:29:00.000 The moral decline of the United States, the moral inversion of the United States, which is really more what it is.

00:29:04.000 It's not even a decline.

00:29:05.000 We now have a complete inversion of morality and decency here on full display.

00:29:10.000 Do you think states should have a right to ban gender-affirming healthcare?

00:29:15.000 I don't think any state or anybody should have the right to do that.

00:29:18.000 As a moral question and as a legal question.

00:29:21.000 I just think it's wrong.

00:29:24.000 It's wrong as a moral question to ban, presumably for minors, because this is where these states have actually banned, quote-unquote, gender-affirming healthcare.

00:29:31.000 They haven't banned transgender surgeries or top or bottom surgery for 25-year-olds.

00:29:35.000 They're banning it for children.

00:29:38.000 Joe Biden thinks that it is a moral wrong.

00:29:40.000 It is an ethical wrong for any state to prevent the mutilation of minors, to prevent the sexual sterilization of minors.

00:29:49.000 And he is saying this to another man who's pretending to be a woman.

00:29:53.000 This is what we've come to in our civilization.

00:29:58.000 So when it feels like civilization is falling apart, people say, why are people so divided?

00:30:01.000 Why are people so polarized?

00:30:02.000 Well, maybe it's because there are people who literally believe That all of the hallmarks of a sane and rational and decent society, things like upholding family or upholding the differences between men and women, recognizing biological reality.

00:30:16.000 Or for that matter, recognizing great art, recognizing the value of civilization, that all these things should be torn down to the ground.

00:30:24.000 And they're being incentivized in this by politicians, cynical politicians like Joe Biden, who are sitting there, nodding at this in the hopes of political gain, in the hopes of suggesting that anyone who opposes this is some sort of bigot.

00:30:34.000 And again, what we'll get here is the face tattoo syndrome that I've talked about before.

00:30:37.000 We'll get from the media that the fact that I've covered this at length and the fact that the right is responding to this.

00:30:42.000 That is, why are you even noticing, guys?

00:30:44.000 Why are you even noticing?

00:30:45.000 It's not happening, and it's good that it is, and if you notice, it's your fault.

00:30:48.000 Right?

00:30:49.000 That's the game here.

00:30:50.000 And you know what?

00:30:50.000 But we are noticing.

00:30:51.000 It's not just people like me.

00:30:52.000 It's not just people who are dedicated conservatives who are noticing.

00:30:54.000 It's everyone.

00:30:55.000 Because everyone can see the insanity on full display.

00:30:58.000 The moral decline on full display.

00:31:00.000 And the attempt, by the way, to translate this over to kids.

00:31:02.000 Because let's be real about this.

00:31:03.000 The value system that is being promulgated by Joe Biden, via proxy of Dylan Mulvaney, The value system that is being promulgated is being promulgated to children.

00:31:12.000 Children are the tools.

00:31:13.000 Children must be socialized to these ideas.

00:31:16.000 Because if you wish to destroy the institutions, what you really have to do is indoctrinate an entire new generation of kids who are opposed in their essence to these institutions because these institutions make them unfree.

00:31:26.000 And institutions here?

00:31:27.000 I'm not talking about criminal law.

00:31:30.000 I'm talking simply about the institutions of male and female.

00:31:34.000 Cultural hallmarks of male and female that have been treasured by everyone for all of human history.

00:31:40.000 These things must be torn down to the ground and they must be taught to kids.

00:31:43.000 Very important to be taught to kids and parents.

00:31:45.000 If you teach them to your kids as the left, this makes you virtuous and good.

00:31:48.000 This is why you should be taking your kids drag queen story hour. 1.00

00:31:50.000 This is why you should be taking your kids the drag all age display performance. 1.00

00:31:54.000 You wonder, you see these videos of drag queens, you know, Very often overweight men in female clothing gyrating around and twerking to extraordinarily dirty lyrics. 0.98

00:32:03.000 You'll see little kids there and you'll say, what are those parents doing?

00:32:05.000 What is going through their head?

00:32:07.000 And the answer is what's going through their head is that Joe Biden and his team and this entire spectrum of politicians and moral myth makers in the intelligentsia and in the culture have decided you are virtuous if you tear down these institutions.

00:32:21.000 You're part of the fight.

00:32:23.000 You're the good guys.

00:32:24.000 It makes you moral.

00:32:25.000 You're a better parent if you screw up your kid on behalf of this perverse ideology because it makes you tolerant and it makes you accepting and it makes you diverse.

00:32:33.000 And that's really what we're after right here.

00:32:35.000 That's the key to everything.

00:32:36.000 Now, the backlash is coming.

00:32:38.000 And again, it's not just coming from conservatives, traditional religious conservatives like me.

00:32:42.000 And my opposition to this is not based on religion whatsoever.

00:32:44.000 It's based on fact that kids need, for example, to know about rules and rules.

00:32:50.000 And the fact that there are vital, important and useful and good, yes, morally good distinctions between men and women.

00:32:56.000 They are not the same.

00:32:58.000 That the notion that when it comes to aesthetics, some art is better than other art.

00:33:04.000 This stuff is good.

00:33:05.000 It's good for people to know.

00:33:07.000 That belief system is not held by just religious people or just conservative people.

00:33:11.000 It's held by pretty much everyone.

00:33:12.000 So CBS did a rather fascinating focus group.

00:33:16.000 And CBS, of course, would love to see Democrats reelected in the House and the Senate in 2022.

00:33:22.000 And this focus group went wildly wrong.

00:33:24.000 It went wildly wrong because there was a conservative on the panel, and the conservative on the panel said, you know what I don't like?

00:33:29.000 I don't like any of this woke indoctrination of my kids, particularly along sexual lines.

00:33:33.000 And to CBS's shock, the rest of the focus group, which contained a Democrat and an independent, they all agreed on this, including the black mother of eight.

00:33:42.000 Here's what it looked like.

00:33:45.000 And just recently, there was some protests in an Iowa school for bringing in a transgender art show.

00:33:59.000 So you're not concerned about your kids in Texas.

00:34:03.000 You're seeing this on the news.

00:34:04.000 That's what's raising your concern?

00:34:06.000 Yes.

00:34:07.000 Leshawn, I'd like to get you to weigh in on this.

00:34:10.000 I can also agree with some of his points.

00:34:14.000 I really would say sex education. 0.97

00:34:15.000 I feel like, um...

00:34:17.000 Some things, you know, are brought to the children's attention they wouldn't even think about.

00:34:21.000 And you have eight kids.

00:34:23.000 I imagine you have some pretty specific ideas in your mind when you're speaking about this?

00:34:28.000 Yes, I do.

00:34:29.000 Yes.

00:34:30.000 The children are, you know, they're really influenced.

00:34:32.000 You can teach them one thing at home, but when they go to school, they're just as much influenced by their teachers and their surroundings.

00:34:40.000 And we should have more input, the parents, of what we want them to learn.

00:34:44.000 Stephanie, what's your biggest concern, and if you want to react to any of that, go ahead.

00:34:49.000 I agree.

00:34:51.000 Hey, that is a Republican, a Democrat, and an Independent.

00:34:56.000 They all agree on this.

00:34:57.000 Now, notice the sort of hesitation before everybody speaks there.

00:35:00.000 You can see the hesitation from all of these people.

00:35:03.000 The Republican, the Democrat, and the Independent.

00:35:05.000 They're being shy.

00:35:06.000 They don't want to appear bigoted.

00:35:08.000 They don't want to appear unkind.

00:35:10.000 Hey listen, this is not about bigotry or unkindness.

00:35:12.000 This is about reality.

00:35:13.000 And it's about protecting the values that undergird any successful civilization.

00:35:17.000 And no one should be shy about that.

00:35:18.000 No one should have to feel as though they are speaking bigotry when they say men exist, women exist.

00:35:23.000 A man pretending to be a woman should not be interviewing the President of the United States who is informing this man dressed as a woman that children have a right to be mutilated sexually. 0.80

00:35:31.000 There's nothing to be shy about in saying any of that.

00:35:34.000 And increasingly, people are not shy about saying that, nor should they be.

00:35:37.000 Because it's going to take actual people standing at the wall to defend against the barbarians.

00:35:42.000 And it's going to take people looking at the barbarians inside our own civilization and saying, you do not represent anything, any ideas that are worth preserving.

00:35:51.000 These are not ideas that are good for a civilization.

00:35:55.000 And if your ideas were to prevail, it would destroy us.

00:35:58.000 Because it would.

00:35:59.000 And we are watching it happen in real time.

00:35:59.000 And it is.

00:36:01.000 We are watching, on an aesthetic level, the decline of the West, for sure.

00:36:05.000 We are watching, on a moral level, the perversion of children.

00:36:12.000 We are seeing suicidal ideation rates like nothing we have ever seen in the history of humanity happening right now in the West.

00:36:18.000 We are watching as fundamental institutions like family and important things like childbearing and childrearing go by the wayside in favor of all of this.

00:36:26.000 All in the favor of, I guess, experts who are going to lead us, utilizing governmental and corporate and media power.

00:36:33.000 Human beings of all stripes, politically, have a duty to stand up for this.

00:36:36.000 Because, frankly, if we don't have this in common, we've got nothing in common.

00:36:38.000 Civilization is, in fact, over if we do not have these basic, basic, basic things in common.

00:36:43.000 Yes, there is something valuable about the history of the West.

00:36:47.000 Yes, men and women exist. 0.87

00:36:49.000 Yes, men cannot be women. 1.00

00:36:51.000 Yes, it is cosplaying as a woman when a man pretends to be a woman.

00:36:54.000 It does not make him a woman. 0.87

00:36:55.000 And yes, it is mutilation of a child when you take a 16-year-old girl and cut off her breasts in the name of gender ideology.

00:37:02.000 If we can't agree on this, ain't nothing we can agree on.

00:37:05.000 At that point, civilization may as well dissolve.

00:37:08.000 We'll get to more on this in just one second.

00:37:10.000 First, we here at The Daily Wire, we are committed to winning back the culture.

00:37:13.000 Losing, just not an option.

00:37:14.000 There's too much riding on it.

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00:37:23.000 So, many of you already know about Black Rifle.

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00:38:17.000 Black Rifle Coffee, supporting veterans and America's coffee.

00:38:20.000 Also, Speaking of brands that support the things you want to support, we launched Jeremy's Razors not too long ago.

00:38:25.000 We've already taken millions of dollars away from woke razor companies that hate you and use that money to better support your values.

00:38:31.000 Jeremy's Razors is still the only razor brand that actually upholds virtue instead of signaling it.

00:38:34.000 If you haven't already done so, get your founder's shave kit at jeremysrazors.com.

00:38:37.000 I can tell you those razors work like a charm.

00:38:41.000 Last week I had a beard.

00:38:42.000 This week I don't have a beard.

00:38:43.000 How do you think I got rid of all the facial hair that was underneath my chin?

00:38:46.000 Also this weekend, I released a brand new episode of the Sunday Special.

00:38:49.000 It features a very special guest, President of Brazil, Yair Bolsonaro.

00:38:52.000 Bolsonaro is one of the most important figures in the West right now.

00:38:55.000 He is standing up against Lula.

00:38:56.000 Lula is a candidate who was in jail until five seconds ago and now is running against him.

00:39:00.000 He vows to forward the cause of socialism in Latin and South America.

00:39:04.000 Bolsonaro is standing up to him.

00:39:06.000 Here's a bit of the trailer.

00:39:08.000 The less the population is able to actually understand what's actually going on, the easier it'll be for the party to capture them.

00:39:15.000 They are also for liberalizing abortion and also the so-called gender ideology.

00:39:21.000 Even children, not very few, but children age 7, 8, 9, children seem not to know whether they're girls or boys and vice versa.

00:39:31.000 Boys don't know whether they're boys anymore.

00:39:33.000 So this is really terrible.

00:39:45.000 Okay, so meanwhile, as I've been predicting, the odds of a Democratic maintenance of the Senate have been declining rapidly.

00:39:52.000 Nate Silver is now saying that the Senate is a toss-up.

00:39:54.000 He says the Senate started out as a toss-up when we launched our forecast in June.

00:39:57.000 After a summer in which political developments mostly played to Democrats' favor, there's now clear movement back toward Republicans.

00:40:01.000 The 538 Senate forecast now gives Democrats a 58% chance of keeping control of the Senate down from a peak of 71% last month.

00:40:09.000 How to translate a roughly 60% chance into words is a tricky one, since it's right on the threshold of where you might choose to emphasize one party is ahead or that it's pretty close to 50-50.

00:40:17.000 Poker players use the term flip when two hands have about an equal chance of winning, even if the chances aren't exactly equal.

00:40:22.000 Most players would describe this poker hand as a flip, for instance, even though the pair of tens would win 57% of the time.

00:40:28.000 Let's get real.

00:40:29.000 If a friend asked me to characterize the Senate race, I'd say it's pretty effing close and emphasize neither party has much of an advantage.

00:40:34.000 Again, Republicans have been growing their generic ballot lead.

00:40:37.000 The polls are cutting heavily in their favor now.

00:40:40.000 In Arizona, in Pennsylvania, there's now a poll from Pennsylvania showing Dr. Oz up four over John Fetterman, who again is not with us, and whose wife is now apparently taking charge of the campaign.

00:40:49.000 In Arizona, Blake Masters is now running dead even with Mark Kelly.

00:40:51.000 Meanwhile, Carrie Lake seems to be pulling away in that Senate race.

00:40:55.000 One of the big questions here is whether Republicans mobilize around Mike Lee.

00:40:58.000 If you're a Republican and you don't wish to see Evan McMuffin take that seat, And then caucus with the Democrats.

00:41:03.000 You should go vote for Mike Lee and you should support Mike Lee.

00:41:06.000 Mike Lee is a very good senator from the state of Utah.

00:41:09.000 But overall, it looks as though Republicans are now in significantly better shape than they were just a few weeks ago.

00:41:14.000 And again, part of that is because elections tend to clarify the mind.

00:41:17.000 As we get closer to the election, the minds are clarifying in pretty dramatic fashion.

00:41:21.000 Not just on the economy, but on cultural issues like the ones that we have been talking about.

00:41:25.000 Politico now characterizes it this way.

00:41:27.000 They say, Republicans have been roaring back in the Senate.

00:41:30.000 Over the past week, polls show GOP candidates closing the gap in states where Democrats have led all summer and perhaps pulling away in races that appeared closed for months.

00:41:36.000 In Pennsylvania, Mehmet Oz is an inch closer to John Fetterman.

00:41:39.000 Herschel Walker is neck and neck with Raphael Warnock in Georgia.

00:41:41.000 Again, Brian Kemp could pull Herschel Walker over the line because Brian Kemp is running heavily ahead of Stacey Abrams.

00:41:46.000 Blake Masters has narrowed Mark Kelly's lead in Arizona.

00:41:48.000 Adam Laxalt is squeezing past Catherine Cortez Masto in Nevada.

00:41:52.000 Meanwhile, Republicans stuck in stubbornly tied red states are beginning to show signs of building more durable advantages.

00:41:57.000 It looks like J.D.

00:41:58.000 Vance and Ted Budd are going to move ahead in Ohio and North Carolina, respectively.

00:42:03.000 And it now looks very solidly as though Republicans are, if not going to take the Senate, at least emerge with a 50-50 split.

00:42:11.000 And Democrats are beginning to freak out over this.

00:42:12.000 this according to the Hill.

00:42:13.000 Angst is growing among Democrats.

00:42:15.000 The momentum they saw earlier this year in their bid to keep control of the Senate is beginning to wane as towering inflation and deepening economic unease supplant issues like abortion rights atop the list of voter concerns.

00:42:23.000 Again, that is not a major shock because when it comes to abortion, it is basically going to be back to the state.

00:42:29.000 I mean, each state is going to make its own abortion law.

00:42:31.000 I said this at the time.

00:42:32.000 As people begin to realize that abortion is not, in fact, a federal issue, it is a state issue, and that all legislation will be done at the state level, and as they realize they can do what they did in Kansas, for example, and vote down heavy abortion restrictions, or they can do what they've done in other southern states, and they can actually re-enshrine those abortion restrictions, people are going to say, what does my senator have to do with any of this?

00:42:52.000 What does my congressperson have to do with any of this?

00:42:55.000 And then, of course, the reality is that the inflation stats continue to be incredibly bad.

00:42:59.000 And the reality is that the economy continues to founder on the rocks of bad democratic policy and bad international situations.

00:43:07.000 And Nancy Pelosi and company, they have no way to fight this.

00:43:10.000 I mean, Joe Biden has no way to fight this.

00:43:11.000 Nancy Pelosi has no answer to the inflation charges. 0.92

00:43:14.000 Here she was on Face the Nation trying to struggle past it.

00:43:17.000 When I hear people talk about inflation, as I heard him there, we have to change that subject.

00:43:22.000 Inflation is a global phenomenon.

00:43:25.000 The EU, the European Union, the UK, the British have a higher inflation rate than we do here.

00:43:31.000 It's not, the fight is not about inflation.

00:43:34.000 It's about the cost of living.

00:43:38.000 Oh, it's about the cost of living.

00:43:39.000 Oh, okay.

00:43:40.000 You guys try that one.

00:43:41.000 See if the cost of living is going down for most Americans, how they feel about their circumstances.

00:43:46.000 Meanwhile, Nancy Pelosi, while she's saying we have to change the topic from inflation, she's saying she has no regerts, which again, a neck tattoo, no regerts about the stimulus.

00:43:54.000 Well, I mean, it seems like some people have regrets about you fire hosing cash at people for no reason.

00:43:59.000 You know, those $1,400 checks, putting cash out there.

00:44:04.000 I mean, didn't that end up contributing to inflation?

00:44:07.000 Do you have any regrets about the bills you passed and how you structured them?

00:44:11.000 No, absolutely not, because that was necessary for people to survive.

00:44:16.000 Our purpose was that it was inflationary.

00:44:20.000 But the point is that when you reduce unemployment, it's inflationary.

00:44:27.000 Oh, so you're saying that the inflation was part of the plan then, Nancy Pelosi.

00:44:31.000 When you reduce unemployment, it's inflationary.

00:44:33.000 So you like the fire hosing of cash.

00:44:35.000 You like the inflation, is what you're saying.

00:44:37.000 Pelosi's basically giving up the ghost here.

00:44:39.000 She says that she's not going to commit to being in House leadership if the Democrats lose the House.

00:44:43.000 They are going to lose the House.

00:44:44.000 The current polls suggest that Republicans are going to win upward of 30 seats in the House.

00:44:49.000 I've said from the beginning, I think it's somewhere between 30 and 40 seats for the Republicans in the House, just because structurally, it's almost impossible for them to win like 60.

00:44:56.000 But they could easily take 25, 30, 35 seats.

00:44:59.000 Nancy Pelosi is going to be deposed. 0.99

00:45:01.000 I mean, she's not going to be the House minority leader if the Democrats get kicked out of leadership again. 0.96

00:45:05.000 The woman is in excess of 80 years old.

00:45:09.000 You told Andrea Mitchell earlier this week, we need generational change, but in some cases there's no substitute for experience.

00:45:17.000 Will you remain in leadership in the new Congress?

00:45:19.000 I'm not talking about that.

00:45:21.000 I'm here to talk about how we win the election.

00:45:24.000 But to deliver on all these things... I was only paying Andrea a compliment for all the experience that she has.

00:45:29.000 I see.

00:45:31.000 But the fact is we need to... So you may or you may not?

00:45:34.000 I'm not here to talk about me.

00:45:35.000 I'm here to talk about the future America's working families for the children.

00:45:40.000 It's always about the children.

00:45:43.000 It's always about the children.

00:45:44.000 The children.

00:45:45.000 Whether we're transing them or aborting them in the womb. 1.00

00:45:47.000 It's about the children.

00:45:50.000 Yes, things are going swimmingly for the Democrats.

00:45:53.000 Well, folks, as you know, Birchgold is one of the big sponsors here at the Ben Shapiro Show.

00:45:57.000 I've been an advocate for diversifying at least a little bit into precious metals for a very, very long time.

00:46:02.000 Every so often, we stop by with our friends over at Birchgold to talk about the state of the economy.

00:46:06.000 This is an interview I did with Philip Patrick of Birchgold.

00:46:09.000 Thank you for having me.

00:46:10.000 So let's start with what's going on in the UK.

00:46:12.000 Enormous volatility over there.

00:46:14.000 Liz Truss lasted less time as Prime Minister than a head of lettuce. 0.99

00:46:17.000 What exactly happened over there and what exactly does that tell us about the state of the economy and how central banks are running things?

00:46:24.000 Yeah, absolutely spot on.

00:46:26.000 It was the shortest tenure in Prime Ministerial history.

00:46:30.000 Obviously, not exactly a sign of stability over there.

00:46:34.000 For a little bit of background, the Trust Administration announced a mini-budget that essentially included $45 billion in unfunded tax cuts and deficit spending.

00:46:44.000 And in response, investors expected inflation to surge.

00:46:49.000 So funds left the United Kingdom.

00:46:51.000 What we saw was bond rates skyrocketing and the pound sterling hit an all time low.

00:46:56.000 Now, the problem would have been manageable with a smaller amount of national debt.

00:47:01.000 When you're an individual a corporation or even a sovereign nation if you're dead great exceeds your ability to repay you're at the mercy of the market so essentially it was the board vigilantes or the markets themselves that fired the prime minister now.

00:47:16.000 To put this into some context, the UK has about £4 trillion sterling, so a little over $4 trillion in debt, and a debt-to-GDP ratio of around 95%.

00:47:27.000 By comparison, we have in the United States over $31 trillion of debt, currently $120 25% debt to GDP ratio.

00:47:37.000 So I think this should serve as a start warning to us here in the United States.

00:47:42.000 What's happening there could happen here and the markets are powerful forces and not to be trifled with.

00:47:48.000 Philip, we're seeing all this volatility across financial markets across the world.

00:47:52.000 We're seeing in stocks, we're seeing it in bonds.

00:47:54.000 What's causing all this?

00:47:56.000 Is it going to come down?

00:47:56.000 What does it mean for the price of things like precious metals?

00:47:59.000 Look, we're seeing a ton of volatility across the markets.

00:48:03.000 If you look at the 20 best and worst days in S&P history, nine of the best days, 11 of the worst days happened this year alone.

00:48:13.000 I think the reality is we're dealing with a very fragile and sentiment-driven market right now, and that's a problem, right?

00:48:20.000 Because the markets are moving not based on fundamentals, but based more, like I said, on sentiment, on feelings.

00:48:27.000 Look at the UK is an example right what really settle down the bond markets was the bank of england's announcement that they step in and buy bonds if necessary they didn't actually do it in any quantity but just the assurance alone stabilize things and it's very similar here in the united states every time investors think.

00:48:46.000 The fed's gonna give up the fight on the- on inflation every time this.

00:48:50.000 Bad economic news every time this the slightest hint of dovishness from the- from the fed.

00:48:55.000 Stocks rise again not based on on their value but on expectation.

00:49:00.000 That easy money's gonna come flooding back into the market so.

00:49:04.000 It's a strange market right and it's being driven.

00:49:06.000 A lot of volatility by a federal reserve being dovish or more aggressive.

00:49:11.000 It's not driven on fundamentals.

00:49:14.000 It is a very weird market, and it does demonstrate one of the big problems with outsourcing all of your economic policy to the central banks, and the central banks are now the chief drivers of how economic policy works.

00:49:24.000 You see that in the UK.

00:49:26.000 All the Bank of England really had to do to make sure that Liz's Trust stayed prime minister Would have been to actually buy bonds in larger numbers, and that would have been able to sustain the tax cuts that she was talking about, which are actually relatively minor in scope.

00:49:38.000 Instead, they decided they weren't going to do that because of the inflationary cycle, and they brought down the prime minister.

00:49:42.000 That creates political volatility, which creates lack of faith in the markets, which in turn drives the central banks to exert even more power.

00:49:48.000 And this has been a long, ongoing process of giving the central banks such unbelievable power.

00:49:53.000 And then it turns out that in the biggest question of our time, whether they could actually keep inflation at low rates, they absolutely blew it.

00:50:00.000 It's absolutely spot on.

00:50:01.000 And we're having the same problem here in the United States.

00:50:04.000 Look, will we get inflation under control eventually?

00:50:07.000 The answer is yes.

00:50:09.000 But we've got massive obstacles in front of us, right?

00:50:12.000 You look at the Fed's ability to raise interest rates.

00:50:16.000 I think it's going to be quite limited.

00:50:18.000 Volker back in the 80s had to get very aggressive.

00:50:21.000 He put the federal funds rate to double the rate of inflation and it required that aggressive action to really curb the inflation that we had.

00:50:30.000 He had the ability to do it though.

00:50:32.000 U.S.

00:50:33.000 national debt in the 80s was a little over a trillion dollars.

00:50:36.000 Today we're over 31 trillion.

00:50:38.000 So I think the Fed's ability to raise rates is going to be more limited than they have been in the past.

00:50:44.000 Then you've got Biden, right?

00:50:46.000 The guy doesn't seem to understand the direct link between massive deficit spending and inflation.

00:50:53.000 And I think until we can curb this guy's ability to run a deficit, it's going to make the Federal Reserve's job very, very difficult.

00:51:01.000 So I think we've got tough times and very little tools to address the problems.

00:51:07.000 And the Federal Reserve, which obviously has been ramping up interest rates, is now that they're going to continue to ramp up those interest rates.

00:51:13.000 They're talking about a soft landing for quite a while there.

00:51:14.000 And it seemed like many of the economists have been late on the ball.

00:51:17.000 I mean, six months ago, they were saying there was almost no chance of recession.

00:51:20.000 Then they were saying there's like a 50% chance of recession.

00:51:22.000 Now they're saying a 100% chance of a recession.

00:51:25.000 And how many times can these folks get it wrong before we stop listening to them?

00:51:30.000 Are you sure it's a it's a very good point at the fed have a long long way to go people you know they've been raising rates a lot may have.

00:51:40.000 But the federal funds rates at 3% for a little bit of context, the average federal funds rate in U.S.

00:51:46.000 history is 4.6.

00:51:48.000 That's considered neutral territory.

00:51:51.000 They're going to have to go well into restrictive territory.

00:51:54.000 Volcker took a different approach in the 80s, right?

00:51:57.000 He jumped interest rates like 4% at a time and essentially popped the bubble.

00:52:02.000 This Federal Reserve is trying to take the air out slowly, if you will.

00:52:07.000 For me, it's not the right approach.

00:52:09.000 We end up in the same place.

00:52:10.000 And I think it's just ensuring that recession and inflation will last longer and be potentially more aggressive.

00:52:17.000 I'm not sure it's the right approach.

00:52:19.000 So Philip, what exactly should investors do right now?

00:52:21.000 I mean, I will admit that I'm puzzled because it looks like the real estate market is taking a dive.

00:52:27.000 So it now seems like a bad time to buy real estate.

00:52:29.000 The stock market is up and down like a yo-yo, but overall really, really down this year.

00:52:35.000 What exactly would you recommend short-term, mid-term, long-term here?

00:52:39.000 Listen, you're absolutely right.

00:52:41.000 It's a very tough market to navigate.

00:52:43.000 Bonds, cash, traditionally a safe haven make no sense today, right?

00:52:47.000 Rates of interest are massively exceeded by rates of inflation.

00:52:52.000 Stocks still, I think, have a long way to fall.

00:52:55.000 Price-to-earning ratios are still Third highest in history today not too much value that real estate has been driven by the same thing that stocks have low interest rates of driven prices i think out of proportion to reality so there aren't too many options precious metals at least short to medium term as a tool to weather this storm i think a very appropriate.

00:53:19.000 They're very conducive for climates like this.

00:53:22.000 Inflation drives them up.

00:53:24.000 Stock market corrections drive them up.

00:53:26.000 And I think a lack of options will drive them up as well.

00:53:29.000 There's not too many safe havens for investors.

00:53:31.000 So I think what everyone needs to consider is a hedge.

00:53:35.000 Do you need to take everything out of stock?

00:53:37.000 Absolutely not.

00:53:38.000 But there should be a portion of your portfolio that is geared to grow during times of inflation and decline.

00:53:45.000 That's what bonds used to do.

00:53:47.000 That's what I think precious metals do do today.

00:53:49.000 And Philip, one of the things that I think people are not worried about enough, actually, over the coming years is not the inflation question.

00:53:54.000 As you mentioned, inflation will eventually be brought under control by the Federal Reserve or by central banks all over the world, which have been radically increasing those interest rates.

00:54:02.000 The real question is going to be economic stagnation.

00:54:04.000 And as we've seen, I mean, the Biden administration was forecasting, even at the beginning of the administration, that within a few years, we were going to be growing at less than 2% in terms of GDP.

00:54:14.000 We're now entering a recessionary cycle, globally speaking.

00:54:17.000 And as the economy stagnates, that does raise questions as to where exactly you want to put your money.

00:54:23.000 It's absolutely spot on.

00:54:25.000 It's a tough climate.

00:54:26.000 Where we are today is very reminiscent of the period 1970s to mid 80s, which was essentially stagflation, stunted economic growth coupled with rising inflation.

00:54:37.000 And that's a very tough climate to navigate because if the cost of living is increasing and everything you have is staying the same or decreasing, it acts to compound the problem.

00:54:47.000 So you're absolutely right.

00:54:48.000 I think economic stagnation globally Is the big issue today and like I said all roads today at least short to medium term lead me to precious metals and we're seeing it on a central government level we're seeing huge increase in gold reserves a decrease in dollar reserves that trend I think is one individual investors should look at and ultimately follow suit.

00:55:13.000 Well, that is Philip Patrick, Precious Metal Specialist with Birchgold.

00:55:15.000 Folks, as I've told you before, the people I trust when I invest in precious metals are the folks over at Birchgold.

00:55:20.000 Take the necessary steps to hedge against inflation today.

00:55:22.000 Protect your own hard-earned money by doing what smart investors do, diversifying.

00:55:26.000 Text BEN to 989898.

00:55:28.000 Birchgold will send you a free information kit on diversifying into gold tax-free.

00:55:31.000 Again, text BEN to 989898 to get started.

00:55:34.000 Philip, thanks for the time.

00:55:36.000 Thank you.

00:55:37.000 Alrighty guys, the rest of the show is continuing now.

00:55:39.000 You're not going to want to miss it.

00:55:39.000 We're going to be getting into Joe Biden and whether he in fact will be the 2024 nominee.

00:55:43.000 It looks as though he is imploding on the launchpad.

The Ben Shapiro Show - October 24, 2022

The Barbarians Are At The Gates | Ep. 1595

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