The Democratic Party is gaining in congressional polling as November approaches, and the media are eager to chalk it up to the rise of a new meme that started on the Trumpian right about Joe Biden: Dark Biden. The idea being that Joe Biden is just a magic, magic man, and he has somehow revived himself before he was a dead body, like lying prone in the corner. Now he s a man who has powers beyond human recognition and all of the rest of this sort of stuff. And of course, maybe that's because he is no longer a human being anymore. Ben Shapiro talks about this and more on today's show with Ben Shapiro's new show on The Ben Shapiro Show on Fox News Radio and The FiveThirtyEight. Subscribe to the show to get immediate access to all of his newest episodes and listen to them wherever you get your favorite shows streaming on the airwaves. If you like what you hear, please HIT SUBSCRIBE and also consider leaving a rating and review on Apple Podcasts, wherever you re listening to this podcast. It helps me bring more quality content to you and help support my efforts to create more quality, diverse and inspirational shows that reach more people around the world. Thanks for listening and share the podcast with your fellow podcasting friends! Ben Shapiro is a writer, comedian, podcaster, writer, and podcaster. . He is a regular contributor to the New York Times, Wall Street Journal, and New York Magazine, and The New York Post. and many other publications. His work is widely syndicated throughout the world, including The Onion, USA Today, The Huffington Post, and is available on Podulim, NPR, and Playboy, and on the Atlantic. He is also on the internet, and his website is available in paperback and is also available on Amazon Prime and Vimeo. Check out his profile on the Apple App Store and Vogue, Podchronicity, and other major podcast on the streets . Thank you for listening to Ben Shapiro on the Ben Shapiro Podcast? and I hope you enjoy this episode of The Daily Beast, Ben Shapiro s latest podcast on The Dark Biden Podcast on The Daily Mail, The Weekly Standard, The Root, The Daily Grail, and I mixtape on Podchaser, and much more! Subscribe and share it on your social media account on Instapaper, and tweet me on Insta- and other places you like it!
00:00:00.000The Democrats gain in congressional polling as November approaches, and the media are eager to chalk it up to dark Biden.
00:00:05.000Americans remain in the dark about the FBI's raid on Donald Trump, and Lizzo's defenders come to her rescue after a comedian tells jokes about her.
00:00:26.000Slash Ben will get to all the news in just one moment.
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00:02:35.000They've revived this meme that actually started on the Trumpian right about Joe Biden.
00:02:40.000It was a joke about Joe Biden basically no longer being a sentient human being.
00:02:44.000And it started off, I believe actually the original dark Biden meme started off as a, as a Chinese cartoon about Joe Biden being like a dark Lord.
00:02:55.000And so there are all of these memes that are out and about about Joe Biden, and they show him with glowing eyes and shooting lasers from his face and all this kind of stuff.
00:03:02.000I mean, here is a here's, for example, a dark Biden meme video that has become very popular.
00:03:06.000You can see there he is, Joe Biden sitting atop a Game of Thrones style throne with zombies in This apparently started again as a sort of Chinese cartoon.
00:03:21.000And the dark Biden memes have been coming fast and furious.
00:03:25.000And the idea being that he is actually amazing at this.
00:03:28.000He's actually secretly an amazing president, a dark lord who has powers beyond human recognition and all of the rest of this sort of stuff.
00:03:37.000Yeah, him as a pirate, all the rest of it.
00:03:39.000And it's kind of funny in the sense that he's no longer with us.
00:03:43.000Like every time he talks, you're like, I don't even know what this human being is anymore.
00:03:48.000And of course, maybe that's the irony of the dark Biden memes is that, is that Joe Biden is no longer with us.
00:03:54.000I mean, he's actually being steered around by his wife.
00:03:56.000There was video that emerged over the weekend of Joe Biden being physically guided by Jill backwards.
00:04:03.000Like Joe Biden is standing near the media.
00:04:04.000She walks up behind him and she starts backing him away from the media.
00:04:08.000So, I mean, the idea that it's like dark Lord Joe Biden, again, It's a creation of the online memery, but it underscores what Democrats actually think about this guy.
00:04:18.000Now, the reality, of course, is that he is not with us.
00:04:47.000But according to the Democrats, Dark Lord Biden is back.
00:04:50.000Again, the polls are showing that the Democrats are making a comeback here.
00:04:54.000According to the Wall Street Journal, Republicans remain the favorites to win control of the House of Representatives in the midterm elections.
00:04:58.000But Democrats, who for over a year have braced for large losses, are finishing the summer in a stronger position than where they started.
00:05:04.000Public polling and recent election results are prompting Democrats and nonpartisan election observers and some Republicans to expect a more competitive battle this fall.
00:05:11.000Republicans in need of just a handful of sea pickups to take over the House, which Democrats currently control, 220 to 211.
00:05:18.000Nathan Gonzalez and Jacob Robashkin of Inside Elections, a nonpartisan election watcher, say, quote, the party in power typically doesn't improve its electoral prospects in the final months of a midterm, but that's where we appear to be.
00:05:28.000The analysts cited various factors helping Democrats as they try to close the gap.
00:05:31.000Those include the fight over abortion access, weak GOP candidates in key races, investigations focused on Donald Trump, and a recent drop in gasoline prices.
00:05:38.000They added that districts that Biden carried by at least 10 percentage points seemed more out of reach for the GOP than at this point last year.
00:06:21.000And by polling data, the momentum is in fact real.
00:06:24.000And again, Nate Silver is now suggesting that there's a two-thirds possibility.
00:06:28.000That the Republicans actually lose the Senate, you know, that the Democrats retain control of the Senate, and he's suggesting a better-than-average chance that the Democrats lose a very small number of seats in the House.
00:06:39.000Meanwhile, the Senate GOP is apparently already abandoning a bunch of key Senate races.
00:06:43.000According to Politico, Senate Republicans' primary super PAC is canceling a $10 million ad buy in Arizona, raising questions about the party's commitment to Blake Masters.
00:06:51.000That's the Senate nominee in the Copper State.
00:06:53.000Mark Kelly is the current seat holder there.
00:06:55.000So this means that they're Several states where Democrats should be highly vulnerable, where they just do not appear to be nearly as vulnerable as they were thought to be.
00:07:03.000John Fetterman, who is no longer alive.
00:07:05.000John Fetterman is walking around like young Frankenstein's monsters.
00:07:10.000And he is right now up on Meminaz in Pennsylvania.
00:07:12.000You have Raphael Warnock, who's a disaster area of a candidate, who is still up on Herschel Walker, another disaster area of a candidate in Georgia.
00:07:18.000You have Mark Kelly, who is right now up on Blake Masters in Arizona.
00:07:23.000And all three of those races are races that should have swung to the Republicans.
00:07:26.000So again, about a two-thirds shot that the Republicans don't take the Senate, which means they really, really need to take the House.
00:07:31.000And by the way, they need a margin in the House.
00:07:33.000Because if you have a margin of like four or five seats in the House, it isn't that hard for Democrats to peel off four or five Republicans to vote for some of their favorite priorities.
00:07:41.000So the fact that the Republicans are pulling out of places like Arizona obviously is showing a certain amount of weakness.
00:07:49.000Well, you know, Democrats keep insisting they are doing better because of Joe Biden, the magic of Joe Biden.
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00:09:00.000Now, as I say, Democrats are trying to attribute this mainly to Joe Biden, but there are several factors here.
00:09:05.000So Charles Blow, who's the worst columnist in America, he writes for the New York Times.
00:09:08.000I'm not sure he's ever written a correct thing.
00:09:10.000He has a piece today at the New York Times titled Biden becomes a boon for Democrats.
00:09:14.000He says the coattail effect in politics is the theory that the popularity of a candidate at the top of the ticket redounds to the benefit of those in the same party down ballot.
00:09:20.000You vote Democratic for President, you might vote Democratic for Senate or Mayor.
00:09:24.000But what do you call it when a person from whom the benefit flows is not actually on the ballot?
00:09:27.000What if the person isn't even personally that popular?
00:09:31.000This is what I believe is happening with President Biden at the moment.
00:09:33.000Now, you don't have to call it anything else.
00:09:34.000It is the coattail effect because, again, the president's approval rating has a very heavy correlation with how his party does in the midterm elections.
00:09:41.000But, says Charles Blow, Joe Biden's string of successes is building momentum and shaking off narratives of ineffectiveness.
00:09:48.000Last week, he announced the federal government would forgive billions of dollars of student loan debt.
00:09:50.000Republicans predictably squawked about it being an unfair giveaway.
00:09:53.000Progressives complained the plan didn't go far enough, but Biden did act.
00:09:56.000He did fulfill his campaign promise to a degree.
00:09:59.000After some major losses on liberal priorities like voter protections and police reform, voters needed more wins.
00:10:04.000It wasn't Biden's fault his agenda was blocked.
00:10:06.000For that, the blame goes to obstructionist Republicans and Demi-Democrats like Joe Manchin and Kyrsten Sinema.
00:10:10.000There was, however, a sense setting in that electing an elderly institutionalist meant he wasn't filled with enough fight, that he was guided by a sort of geriatric gentility.
00:10:18.000Biden's recent wins put a major dent in those perceptions and are changing how people feel about him.
00:10:22.000According to FiveThirtyEight's Poll of Polls, his approval rating, while still underwater, has been trending up for the past month.
00:10:26.000This week it reached 44%, the highest it has been in a year.
00:10:29.000Again, they keep championing this 44% number.
00:12:41.000And there was New York's 23rd district, where it went from an R-plus-15 district to an R-plus-7 district, which means a Democratic nine-point swing.
00:12:48.000So you're talking about significant swings in favor of Democrats, and ignoring the writing on the wall here is a mistake.
00:12:56.000But what is not playing the main role here is that Joe Biden is a good president, or that Joe Biden is wildly popular, or that Joe Biden is blowing wind into the sails of the Democratic Party, or that this revised dream of the new Democratic majority is back online.
00:13:10.000So again, there are two myths about American politics that have been driving each side.
00:13:14.000So there's a myth about American politics on the left, and there's a myth about American politics on the right.
00:13:18.000The myth about American politics on the left was propagated by Barack Obama in 2012 in the entire Democratic media.
00:13:23.000And that myth was there was a new majority-minority-plus-college-educated-white-liberals coalition, and it was going to win from here until the end of time.
00:13:30.000When Barack Obama won in 2012, that was the narrative that emerged.
00:13:34.000And it turns out that that narrative is false.
00:13:36.000But because that has been the narrative, This is why Democrats have said it was impossible for Hillary Clinton to lose in 2016.
00:13:41.000After all, we have systemic advantages, right?
00:13:43.000We have a new majority minority coalition.
00:13:45.000There is no way we could possibly lose an election like we did in 2016.
00:13:58.000There is this new emerging Democratic minority coalition.
00:14:01.000And what this means is we have to stop minorities from coming into the country.
00:14:04.000And it also means that if somebody on the Republican side of the aisle wins, if Donald Trump wins, it's because he's a magic person.
00:14:10.000He has the ability, he has magic that flows through him.
00:14:13.000And this magic means that he is the only one who can win.
00:14:17.000That magic is defeating the dark magic of the Democrats.
00:14:20.000This is sort of the narrative box into which we have put ourselves.
00:14:24.000The problem is that entire narrative is wrong.
00:14:25.000It's having consequences for both sides of the aisle.
00:14:28.000Ironically enough, it's really kind of fascinating.
00:14:29.000A lot of people believe this myth about American politics, the emerging Democratic minority majority, but There's one myth that you should not believe, and that is that you have no financial options these days.
00:14:39.000A lot of people think, you know, the economy is narrowing.
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00:14:49.000You can lock it for up to 120 days when you work with American Financing, which makes a lot of sense because those interest rates are rising.
00:15:56.000He has since said, that just doesn't exist.
00:15:58.000So he explained in an interview with the Wall Street Journal over the weekend, why exactly this new emerging Democratic majority never actually emerged.
00:16:09.000He says, the Democrats still dominate the minority vote, but you're starting to see minorities turn away from the Democrats.
00:16:17.000In Mr. Teixeira's view, according to the Wall Street Journal, Democrats in the Obama years, quote, had a better idea about how to appeal to so-called people of color.
00:16:23.000First, they didn't call them people of color.
00:16:25.000It was more like, we're all in this together, we're Americans, black, white, whatever, red states, blue states, we want to have an America where everybody can rise up together.
00:16:31.000By contrast, Teixeira quotes the anti-racist scholar Ibram X. Kendi, the only remedy to past discrimination is present discrimination.
00:16:38.000This isn't a new idea, just as Harry Blackmun, borrowing from Ford Foundation President McGeorge Bundy, wrote in Regents of the University of California v. Bakke in 78, quote, In order to get beyond racism, we must first take account of race.
00:16:51.000And in order to treat some persons equally, we must treat them differently.
00:16:54.000Even these blunt sentiments seem genteel compared with what Mr. Teixeira reports having heard lately from erstwhile colleagues on the left.
00:17:00.000Quote, you're going to tell all white people in this country they have white privilege and we're a white supremacist society and that we're all guilty of microaggressions every day in every way?
00:17:08.000Not only is this substantively wrong in my opinion, but as politics, it's bat bleep crazy.
00:17:12.000You can't win if people think that's where you're coming from.
00:17:14.000What country do you think you're living in?
00:17:16.000Tashara acknowledges that this is a development that the emerging Democratic majority failed to foresee.
00:17:21.000Quote, we didn't anticipate the extent to which cultural liberalism might segue into cultural radicalism and the extent to which that view, particularly as driven by younger cohorts, would wind up imprinting itself on the entire infrastructure in and around the Democratic Party.
00:17:33.000The advocacy groups, the foundations, academia, of course, certainly the lower and middle levels of the Democratic Party infrastructure itself.
00:17:40.000A decade ago, says Teixeira, quote, the typical response of people on the left when you bring this up was, oh, it's just crazy kids in the universities.
00:17:55.000And more and more of them came out of the universities.
00:17:58.000If Democrats stand for unacceptable ideas and are openly contemptuous of enormous numbers of their fellow citizens, how do they manage to win elections at all?
00:18:12.000It says both parties have problems, deep problems, in terms of being able to develop a stable majority coalition.
00:18:18.000He says the Democrats' difficulties may actually run deeper.
00:18:20.000Many of the Republican Party's current problems revolve around the figure of Trump and personalized Trumpism.
00:18:25.000If Republicans can get rid of or sideline that one figure, they might suddenly have a relatively clear path to developing an appeal to the center of the American electorate.
00:18:32.000His warning to Democrats is, you won't always have Trump to kick around.
00:18:35.000You're going to have to deal with smarter, better versions of a similar thing.
00:18:37.000OK, so the point here is that what is happening in terms of the Democrats regaining steam right before the election?
00:18:45.000is not the revivification of the democratic dream of this majority minority coalition that is largely driven by radical excesses in the base.
00:18:57.000And yet Democrats continue to double down on this.
00:18:59.000They continue to be driven in sort of cultural political terms, not by the moderates in their coalition, but by the radicals in their coalition, by a constant narrative that there is victimization occurring at the broadest levels in the American Republic, and that this victimization is what lies behind nearly all structures of power in the United States.
00:19:26.000Hillary Clinton, who's been trying to reemerge on the political stage, as we've been talking about.
00:19:30.000She has a documentary that is coming out with Apple TV in which she basically feats herself as a wondrously brave human being.
00:19:38.000Well, now she's tweeting out support for the prime minister of Finland, Santa Marin, who was on videotape at a party where people were making drug jokes, dancing in a rather provocative fashion.
00:19:51.000And Hillary Clinton tweeted out a photo of herself dancing when she was secretary of state in drunken fashion.
00:19:58.000As Ann Richards said, Ginger Rogers did everything that Fred Astaire did.
00:20:01.000She just did it backwards and in high heels.
00:20:03.000Here's me in Cartagena while I was there for a meeting as secretary of state.
00:21:35.000The idea from the Democratic coalition, both culturally and politically, is that we are the coalition of the oppressed.
00:21:40.000And the coalition of the oppressed is going to rise up.
00:21:42.000And this coalition is going to take back the heart of American politics.
00:21:45.000And this is a danger to the Democrats.
00:21:46.000The more they preach that, the more they lose.
00:21:49.000And so the Democrats have that emerging Democratic majority theory still has not died in Democratic circles, which is why everybody has to remain a victim.
00:21:58.000In fact, that hierarchy of victimhood inside the Democratic Party is a competitive thing.
00:22:01.000The more victimized you are, the higher you rank in Democratic politics.
00:22:05.000While we're on the subject of Lizzo, by the way, I noticed that there is a comedian named Ari Spears who is now in all sorts of trouble for quote unquote victimizing Lizzo, who again is a very not oppressed human being.
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00:24:10.000Apparently a man of color who is oppressing a woman of color because, again, it's just a competition of oppressiveness here in the United States.
00:24:17.000Here is Harry Spears saying the unsayable.
00:24:21.000Yo, you know somebody that actually make good music, man?
00:24:46.000Listen, I ain't the most in shape in the world, but I still, you know, when you funny and you got swagger and confidence and you decent looking, I think I'm at least handsome, you get But a woman that's built like a plate of mashed potatoes is in trouble.
00:25:20.000And people were tweeting out, Aries Spears, a fat black man out of breath while sitting and talking, discussing diabetes and being fat, aimed at Lizzo, who performs and sings while being fat, is insane.
00:25:28.000But he actually said, the rest of the clip is, he talks about why is it that everybody is praising her for being large, when in fact, one of the biggest problems in the United States is
00:25:40.000is the problems with obesity said f diabetes f heart problems f heart disease f cholesterol y'all claim womanhood and about sisterhood and support for your sister you know when it comes to that ridiculous bleep but if you really gave a bleep why wouldn't you go black girl we love your confidence boo boo but this ain't it they say it that's the real love y'all jump on me for making jokes but y'all won't be effing real and go sister put the eclair down this ain't it it's treadmill time By the way, he's not wrong that we have a society in which we actively praise people for being massively overweight.
00:26:09.000You saw this happen not with Eliza, it happened with Adele.
00:26:12.000She lost a bunch of weight and people were mad at her for losing the weight.
00:26:15.000Because it's more important that everybody be considered a victim of society.
00:26:19.000And so the best way to be a victim of society is to victimize yourself by being overweight.
00:26:24.000And then everybody points out that you're overweight.
00:26:27.000You make a point of you being overweight and being famous because you're, I mean, Lizzo is not exactly not trading on the fact that she's overweight.
00:26:33.000That's one of her draws, not gravitationally, but actually like that's one of her business draws is the fact that she is overweight.
00:26:39.000You know, the stupidest game in our culture is, look at me.
00:26:42.000I'm a groundbreaking, unique artist who is doing this crazy thing.
00:27:23.000By the way, when you see the cultural arbiters strenuously screaming to the sky that a person is beautiful, forget about Lizzo, just generally, that a person is beautiful, when this becomes a point of contention, that a person is beautiful, so beautiful, unbelievably beautiful, what that means is that the person's not beautiful.
00:27:40.000Because nobody's ever had to say that about like Heidi Klum in her heyday, or Tyra Banks in her heyday.
00:27:44.000Like no one ever had to say, you know who's beautiful?
00:27:52.000But again, the sort of oppressiveness is a political thing.
00:27:56.000And that political thing is not going to win Democrats any points.
00:28:01.000And it's not so it's it's not what is driving Democrats and their upswing here is obviously not systemic factors that are sort of ideological or cultural in nature.
00:28:10.000In fact, a Florida Democratic candidate named Annette Taddea was was asked on national television whether she wants Joe Biden to campaign with her.
00:28:22.000President Biden's approval rating has hovered close to 40 percent, usually below 40 percent.
00:28:28.000Would you like to see him come down to campaign with you?
00:28:30.000Look, I know that I have my own campaign to win, and we will get lots of help from lots of people, but at the end of the day, I know that the way that I win this race is by us actually telling my story, telling why we need a real representative.
00:29:20.000Democrats think that when people react to Republicans badly and so Democrats win, it's because Democrats have done something positive.
00:29:25.000Republicans, as we'll see, tend to do the same thing.
00:29:27.000Here's Bernie Sanders promoting student debt relief, which again, is not going to redound to Democrats' benefit politically.
00:29:33.000In my view, the president did the right thing.
00:29:36.000And we have got to be really thinking about higher education in general.
00:29:41.000And in my view, at a time when hundreds of thousands of bright young people can't even afford to go to college, if we're going to be competitive in a global economy, we need to make public colleges and universities tuition-free.
00:29:57.000Okay, so again, none of this is going to jog Democrats to victory, and neither is the economy, by the way.
00:30:03.000According to the Wall Street Journal, we are now running into an actual recession.
00:30:08.000They say, for retailers, it's a season of discontent.
00:30:10.000From Walmart to Nordstrom, retailers have a glut of inventory and are discounting items to clear out space for holiday goods.
00:30:15.000Many have already lowered profit expectations for the year and are working to cut costs, as consumers are pulling back spending in categories like apparel and home goods ahead of the key year-end shopping season.
00:30:24.000Best by Warren investors last month, shoppers are buying fewer TVs and other electronics as they pay more for gas and groceries.
00:30:29.000Macy's CEO Jeff Gennett said last week customers across income levels are pulling back on purchases.
00:30:34.000Days later, Dollar General executives said people are trading down to less expensive versions of everyday items like powdered detergents and are putting more purchases on credit cards.
00:30:42.000Companies are attempting to balance serving customers who are eager to spend despite rising prices while also being sensitive to shoppers who need or want to be more budget conscious.
00:30:49.000As a result, retail executives and consultants predict the slowest sales growth in the period between November and January in years.
00:30:56.000Eric Nordstrom, chief executive of Nordstrom said, quote, the uncertainty moving forward is significant.
00:31:00.000There's cases to be made that things could get better pretty quickly.
00:31:02.000And then there's credible cases to be made.
00:31:06.000Recent economic data has muddied the picture of consumer health.
00:31:09.000Gasoline prices are down from their June peak, but are higher than a year ago.
00:31:11.000Inflation remains near four decade highs.
00:31:13.000Unemployment, however, remains low when compared with historic averages and wages are rising, but they're not rising as fast as inflation has been rising.
00:31:20.000Consumer spending in July increased at a slower pace than in the previous month, due in part to falling gas prices, according to government data.
00:31:25.000Meanwhile, investors are ramping up their bets against the stock market as the summer rally fizzles, according to the Journal.
00:31:31.000They are now looking at the possibility of a significant volatile trading half.
00:31:36.000Net short positions against the S&P 500 futures have grown in the past couple of months, reaching levels not seen in two years.
00:31:43.000That means traders are increasing their bets the index will fall or at least hedging against that risk.
00:31:47.000Meanwhile, short interest has picked up in the fund tracking of popular technology shares, whose recent declines have signaled a strong summer rally is stalling out.
00:31:55.000Many traders and portfolio managers are debating whether stocks climb from 2022 lows in mid-June marks the start of a new bull market or is just a dead cat bounce, a temporary bounce.
00:32:04.000The S&P 500 has risen 11% since June 16th, but remains down 15% for the year.
00:32:10.000Mark Hackett, Chief of Investment Research for Nationwide said, there's so much skepticism, we're still in the sell the rally mentality.
00:32:15.000If everybody feels we're in a bear market rally, it will become almost a self-fulfilling prophecy.
00:32:19.000So all of these sort of positive, happy talk that you're seeing from the media about the economy, we're going to escape the recession, it's not going to be bad.
00:33:00.000According to the Associated Press, when Diane Swonk first attended the Federal Reserve's annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event.
00:33:10.000Now, the Women at Jackson Hole happy hour draws dozens of female economists and high-level decision-makers from the United States and overseas.
00:33:16.000I'm just glad now there's a line for the ladies' room, said Swonk, a longtime Fed watcher who is chief economist for the accounting giant KPMG.
00:33:24.000It's not just a Jackson Hole, but also in the Fed's boardroom, where its leadership has become its most diverse ever.
00:33:28.000There are more female, Black, and openly gay officials contributing to the central bank's interest rate decisions than at any time in its 109-year history.
00:33:44.000But there are a lot of Black gay people here.
00:33:51.000Over time, economists say, a wider range of voices will deepen the Fed's perspective as it weighs the consequences of raising or lowering rates.
00:33:58.000It may help diversify a profession that historically hasn't been seen as particularly welcoming to women and minorities.
00:34:03.000Man, if you are picking who gets to run the United States economy based on ethnic and sexual orientation calculations, I have very little faith that you're going to be good at this.
00:34:13.000No one picks their doctor based on race.
00:34:15.000No one picks their plumber based on race.
00:34:17.000You should not pick the people who run the Federal Reserve based on whether they are men who like to have sex with men.
00:34:21.000This seems like a very stupid way of doing economic policy.
00:34:25.000Maybe the guy running the Federal Reserve, maybe he's best if he is gay, but it's not because he's gay.
00:34:31.000Broadly, that's helpful, said William English, former senior economist at the Fed who teaches at Yale School of Management.
00:34:35.000There's evidence that diverse groups make better decisions.
00:34:38.000No, there's evidence that a group of people with diverse perspectives make better decisions.
00:34:43.000There is no evidence that people in a group are better off because some are gay and some are straight, depending on what they are attempting to do.
00:34:52.000So, they're doing a crap job, but they're diverse.
00:34:55.000Which again, is just, that's the important thing.
00:34:58.000The Fed's influential seven-member board of governors based in Washington now includes two black economists.
00:35:02.000Ooh, ah, they're the third and fourth black people on the board.
00:35:05.000Governors get to vote on every Fed rate decision.
00:35:08.000Also, Biden elevated Lail Brainard, a governor since 2014, to the board's powerful vice chair position.
00:35:14.000Two of the presidents of the Fed's 12 regional banks are now black.
00:35:17.000Five of the regional bank presidents are women.
00:35:20.000Nella Richardson, chief economist at the payroll processing firm ADP, noted the education and experience of the new policymakers are similar to their predecessors.
00:35:28.000With Cook, Jefferson, and Collins all PhD economists, Richardson suggested having more women in the Fed's leadership is particularly important now, because many of the problems the central bank faces are related to women's ability to join the workforce.
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00:37:00.000But meanwhile, Have you been continuing to give your money to woke razor companies that hate your values and see masculinity as toxic and think you should teach your daughter to shave her beard?
00:37:43.000Well folks, after Matt Walsh became the greatest, best-selling, LGBTQ+, divided by sign, ampersand, hashtag, poop emoji, children's author for his book Johnny the Walrus, he discovered a giant stuffed walrus had been made for him as a gift.
00:38:34.000So we've talked about the democratic myth-making here, that the reason that they're rising again is because of Joe Biden or student loans, and that if they just keep going with the cultural progressivism, this is not going to hurt them in any way, because again, The new norm in American politics is that emerging Democratic minority-majority coalition.
00:38:51.000What is happening right here is that Democrats are rising because, again, of abortion.
00:38:55.000The abortion issue, obviously, in the polling data is having some impact on Democratic turnout.
00:39:00.000But there's a combo that's happening right here.
00:39:02.000It's not just that Democrats are turning out at a higher rate.
00:39:04.000It's that since June, and really since August, Republicans are turning out at a lower rate.
00:39:09.000Republicans are not showing up as much as they were in special elections prior to Dobbs and specifically prior to the Trump-Mar-a-Lago raid.
00:39:18.000So what has happened with the Republicans is because Republicans bought into the same mythos as Democrats, they're making a lot of mistakes.
00:39:23.000So the Democratic mistakes, based on that emerging Democratic minority majority theory, were we can be as culturally progressive as we want.
00:39:38.000But Democrats are gaining right now because Republicans, all they had to do, as always, in a polar environment, in a situation in which everyone is reactionary, all Republicans had to do was stand there and point at Democrats.
00:39:52.000And when they were standing there and pointing at Democrats, they were doing great.
00:39:56.000When Republicans, up until about June, July, August, until that point, they were just pointing at Joe Biden and saying, look, inflation.
00:41:01.000He must have participated with the Russians.
00:41:02.000Even the Democrats thought it was magic.
00:41:04.000They thought it was some sort of evil black magic that Donald Trump had become president.
00:41:07.000It was Vladimir Putin in the back room figuring out how Donald Trump became president, right?
00:41:12.000It was some sort of extraneous, weird thing that Donald Trump had become president, when in reality, it was actually, in retrospect, predictable in the sense only that Hillary Clinton was a wildly unpopular candidate, had been for years, And that a lot of Republicans showed up to vote specifically because of the Democratic myth-making in 2012.
00:41:32.000It turns out you can't just ignore the entire white majority in the United States and castigate them as racist and get away with it in the United States as a typical electoral rule.
00:42:26.000And then came the Trump-Mar-a-Lago raid.
00:42:28.000I think the Trump-Mar-a-Lago raid has a lot to do with the dynamic in politics that you're seeing right now, because for Republicans, The idea had become, okay, we'll get ready for 2024.
00:42:36.000Maybe, you know, maybe it'll be Trump, maybe it'll be somebody else.
00:42:39.000But the main narrative is not going to be Trump as the magical savior of all that is good in the United States versus this emerging Democratic majority.
00:42:47.000It's going to be, look, the underlying dynamics have changed.
00:42:50.000Even people who are very pro-Trump were saying, more Hispanics are voting Republican now.
00:43:02.000And when the Mar-a-Lago raid happened, Everything sort of snapped back into place.
00:43:06.000Because if there's one thing that Democrats can do to drive Republicans batty, it is that anybody Democrats attack, Republicans immediately heroize.
00:43:16.000They immediately turn into the center of the narrative.
00:43:18.000If Democrats decide that Marjorie Taylor Greene is the worst human being on planet Earth, Republicans will not immediately respond by saying, well, you know, she says some stuff I don't like, she says some stuff I do like, and they're really overshooting the matter.
00:44:12.000You know what you can't really vote against?
00:44:15.000The quote-unquote deep state, in the sense that Donald Trump being targeted, two things can be true at once.
00:44:20.000One, it can be a selective prosecution, politically motivated, pretty obviously before an election.
00:44:26.000And two, the rationale for Donald Trump's activity that's leading to the investigation is almost inexplicable.
00:44:34.000Like I haven't the one thing I've never I haven't heard from Team Trump.
00:44:37.000And again, this does not justify what the FBI is doing to him.
00:44:39.000It doesn't explain why the DOJ signed off on a raid.
00:44:41.000It doesn't explain what the importance of what they are doing is beyond sort of the normal.
00:44:48.000We want to enforce the law, but only selectively speaking, it doesn't explain any of that.
00:44:52.000But what no one can understand is what Trump is doing.
00:44:56.000So if you're a Republican and before you were motivated to get out and vote against the Democrats right now, you're sort of Mad about other things.
00:45:04.000And you can see this in the polling data.
00:45:05.000What you can see in the polling data is that Republicans are less likely to go to the polls today because, again, they are invested in the magic man narrative.
00:45:11.000And what this means is that they are now centralizing around Trump.
00:45:14.000Trump, as a part of the 2022 election, is not going to help Republicans.
00:45:19.000The center of the election has to be a referendum on Joe Biden, on the Democrats, not on the treatment of Donald Trump.
00:45:25.000When Trump is at the center of the headlines, it is not good for Republicans.
00:45:28.000That is the running theme of every poll that we are seeing right now.
00:45:32.000If the election is about abortion and Donald Trump, Republicans are in serious trouble come 2022.
00:45:36.000If the election is about Joe Biden and his handling of the economy and the crazy Democratic cultural moves that they are making, then the Democrats will lose.
00:45:44.000So this Trump raid actually has rejiggered the election.
00:45:48.000And again, cast Republicans back into the role of let's focus on Trump.
00:45:51.000And that is a large scale electoral mistake.
00:45:54.000So the sort of detailed following that Republicans are doing and conservatives are doing of the Trump-Mar-a-Lago raid is distracting them and taking their eye off the ball of what they're actually voting against.
00:46:06.000None of this, I keep saying it over and over, so I will say it one more time.
00:46:10.000None of this justifies the FBI raid against Trump.
00:46:12.000But politically speaking, if we are focused on the FBI raid against Trump, as opposed to focusing on what Democrats are doing on a daily basis to wreck the economy, as opposed to focusing on the fact that Joe Biden just unilaterally declared he's going to spend $500 billion that do not exist bailing out all of his buddies.
00:46:32.000If you do that, you're not going to do well in the election.
00:46:35.000And because Trump still is able to damage his political opponents inside the Republican Party more than his opponents outside the Republican Party, Trump cannot do damage to Democrats.
00:46:43.000He can only do damage to Republicans at this point.
00:46:45.000This is what you've seen in a series of primaries where he has endorsed a candidate who goes on to win, and then the candidate runs very weak against the Democrat.
00:46:53.000Donald Trump's handpicked candidates are the ones that are doing the worst in terms of the polling data right now in the 2022 senatorial election.
00:46:59.000The more Trump is at the center, the more he is the locus of the Republican solar system, the worse things are for them, electorally speaking.
00:47:07.000But again, when you're invested in the idea that Trump was the magic, that he was the wizard in 2016, and that he will always be a wizard, what this leads to is faith in a thing that, electorally speaking, is not true.
00:47:19.000Hey, so here's what's happening right now.
00:47:21.000Everyone is focusing in on Trump Mar-a-Lago.
00:47:23.000And so there is a theory this is going to get Republicans very fired up for the election.
00:47:29.000When people go after Trump for being president of the United States, what Republicans think is they're going after him because they want to stop him from doing the things that are good for the country.
00:47:38.000When people go after Trump for randomly having documents in his home that he maybe shouldn't have there, People are like, okay, I see what they're doing.
00:47:47.000They're trying to get him out in 2024.
00:47:50.000But why did he have documents in his home?
00:47:53.000What is the thing that he was trying to do?
00:47:58.000This is the answer that nobody can give on sort of the Trump side of the aisle.
00:48:29.000So right now, The latest in the Trump FBI raid stuff is that, according to Politico, a federal judge said Saturday she's inclined to grant Donald Trump's request to bring in an outsider to oversee the review of more than two dozen boxes of materials the FBI seized from the former president's Florida estate earlier this month.
00:48:44.000In her brief order, which she emphasized was not a final decision, U.S.
00:48:47.000District Court Judge Eileen Cannon also directed the DOJ to produce by Tuesday a more detailed list of items seized from Trump's residence on August 8th, as well as the status of the government's ongoing review of those materials, which includes the use of a filter team to screen for attorney-client privileged records.
00:49:00.000The FBI executed, of course, the search warrant on Mar-a-Lago aimed at recovering what the magistrate judge said were highly classified documents in Trump's possession.
00:49:07.000Now, Cannon was nominated by Trump, confirmed by the Senate.
00:49:10.000She said she plans to hold a hearing Thursday in West Palm Beach on the former president's request for a special master.
00:49:14.000It is likely that he will receive the special master.
00:49:17.000But this is not actually clearing up what exactly Trump was.
00:49:22.000Because what we now know is that Trump's own lawyers had encouraged him to turn over documents to the DOJ and to the National Archives early in this year.
00:49:33.000He said, no, these are my documents I'm keeping.
00:49:34.000So people on the right side of the aisle can defend Trump.
00:49:37.000But they really don't know what he was doing.
00:49:39.000So this is leaving them in sort of a weird position of making the top item on their election agenda, Donald Trump's personal behavior, which is, which is strange.
00:49:52.000It's odd and it's not likely to lead to electoral victory.
00:49:55.000Certainly not in an environment where you could be running against the Democrats as opposed to against the FBI or against the Trump FBI raid.
00:50:21.000I mean, hell, Trump might not even know.
00:50:23.000But if that's the center of the election, that's not going to... I mean, again, I'm just reading the polling data, folks.
00:50:29.000I know that a lot of Republicans would like to believe that if Trump remains the center of American politics, it's good for the Republicans.
00:50:34.000I just see no evidence of that from the polling data at this point.
00:50:37.000I see no evidence that that was the case in the Senate in 2020.
00:50:41.000I see no evidence that that is the case right now in the Senate.
00:50:44.000I see no evidence that's the case in the House.
00:50:46.000Here's George Stephanopoulos going after Roy Blunt because of Trump.
00:50:49.000Whether or not these documents were classified, was it right for the president to take these government documents, which he's supposed to turn over to the National Archives, down to Mar-a-Lago?
00:50:59.000You should be very careful with classified documents.
00:51:01.000I've had access to documents like that for a long time.
00:51:06.000I was wondering as I was listening to that discussion if the same things were said when Secretary Clinton had documents, when Director Comey had documents.
00:51:16.000They had them on the Internet, which is much more dangerous than having them in a box somewhere, but everybody needs to be more careful.
00:51:23.000Well, you're still not, you're not answering my question.
00:51:24.000You were critical of Senator Clinton, who actually turned over what she had, turned over all her devices.
00:51:29.000What we have here is a situation where the President did not turn over these documents.
00:51:34.000Can you say whether that was right or wrong?
00:51:36.000Do you believe it was right for the President to take those documents to Mar-a-Lago?
00:51:40.000He should have turned the documents over and apparently had turned a number of documents over.
00:51:46.000Again, it's a sticky situation for Republicans.
00:51:50.000You can believe all these things at once.
00:51:54.000Donald Trump should have turned over the documents.
00:51:56.000All these things you could actually believe.
00:51:58.000And by the way, again, when it comes to the polling data, which is the thing that if you're a conservative, you should care about, you should care about who controls Congress.
00:52:03.000Considering the Democrats are nosediving this country directly into the ground, you should mostly be concerned about whether you guys are going to win an election.
00:52:13.000It says that the FBI search hasn't directly changed many votes because of the sharp partisan splits over it.
00:52:18.000It could be part of a larger issue holding back Republicans because Trump is a big positive for his own partisans, but they were voting Republican anyway.
00:52:25.000But Trump is a net negative for independents.
00:52:27.000Independents would prefer that Republicans criticize Trump rather than supporting him in Mar-a-Lago.
00:52:32.000Half of independent voters named Trump as a factor in their vote.
00:52:35.000Four to one, they are voting to oppose him.
00:52:38.000Far worse than Biden's support-oppose ratio.
00:52:41.000So for independents, which is half of them, who say that Trump is a factor in their decision-making, four to one, they say that they're going to oppose Trump.
00:52:49.000Is that good for Republicans anywhere in here?
00:52:51.000This election should be about Joe Biden and nothing but Joe Biden and entirely Joe Biden.
00:52:55.000And instead, you haven't heard Biden's name in the past six weeks since the Trump-Mar-a-Lago raid, except for the media praising him to the skies for the stuff that he's actually doing policy-wise.
00:53:04.000And meanwhile, Republicans are caught up in, how do we show that we think that the FBI raid is really bad?
00:53:09.000What can we say to get Trump off our backs?
00:54:06.0002020, Donald Trump intervened directly in the Georgia senatorial elections and Georgia loses two Senate seats and make the difference between Joe Biden spending $7 trillion and not spending $7 trillion.
00:54:17.000And now we are looking at this becoming the center of the election again.
00:54:22.000And that's just, I'm sorry, but that is just a mistake by the Republicans.
00:54:26.000If Republicans buy into the mythology that they can't win without Donald Trump in any way, shape, or form, and thus every time Trump is mentioned, anytime they go after him, that has to become the center of American politics because without him, everything falls apart.
00:54:41.000If Republicans decide that this is the way they want to run, and this is not saying Trump shouldn't be the nominee in 2024.
00:54:47.000It's not saying you shouldn't like Trump.
00:54:48.000It's not saying you shouldn't support Trump.
00:54:49.000It's not saying that you shouldn't fight the FBI's raid on Trump.
00:54:52.000It's not saying you can't think that Joe Biden and Merrick Garland are doing something eminently political and going after Trump.
00:54:56.000But if every word that comes out of your mouth as a Republican candidate and as a party is Donald Trump, do you think it's going to benefit the Republicans or do you think it's going to benefit the Democrats?
00:55:04.000This is why a lot of people are very sanguine on the Republican side of the aisle about 2024.
00:55:06.000Like, ah, if Trump gets nominated and it's Trump versus Biden again in 2024, Trump's going to win.
00:55:12.000I don't see the evidence that that is particularly the case.
00:55:15.000Can you show me evidence that that is the case?
00:55:17.000Because here's the thing that I care about.
00:55:20.000This is the thing that you should care about also as a conservative.
00:55:24.000The key statistic here is that in 2016, when Donald Trump ran for president, independents, who decided on the last day who they were voting for, split 2 to 1 in favor of Donald Trump.
00:55:32.000By 2020, independents, who were deciding on the last day, split 2 to 1 in favor of Joe Biden.
00:55:38.000So do you want that on the tip of your toes?
00:55:40.000Again, Democrats can blow this because of all their underlying issues.
00:55:42.000On a systemic level, what Roy Tishera says is correct.
00:55:45.000On a systemic level, when Roy Tishera says, the underlying systemic problems for the Democratic Party are serious and growing worse.
00:55:52.000And the big problem for the Republicans is that they are centralizing around a person who by all available statistics is not particularly popular in the United States except with the base.
00:56:02.000So perhaps there ought to be some care taken with the issues that Republicans make front and center.
00:56:08.000So if you're a Republican candidate, if you are the Republican Party, more broadly speaking, there's only one name that should be on your lips from now until November.
00:56:17.000That is the only name that should be on your lips.
00:56:20.000Doesn't mean if you're asked about Trump, you can't say, I don't think the FBI raid is justified.
00:56:23.000It should be about Joe Biden and Joe Biden alone, because the Democratic Party They are making some awfully brutal mistakes, and if you don't take advantage of them, your mistake is even larger.
00:56:34.000You can see this, by the way, in Florida.
00:56:36.000So Florida, the Republican Party in Florida is doing really, really well.
00:56:40.000So the same day that there was this election over in New York, in which Republicans underperformed, there was one state where Republicans did not underperform.
00:57:01.000It was like 1.5 million people showed up in the Democratic primaries.
00:57:04.000And that was a pretty hotly contested Democratic primary between Nikki Freed, who's a crazy person, and Charlie Crist, who has literally been a member of every political party on the planet.
00:57:13.000He's, I think, been a member of the BAF party at this point.
00:57:17.000He was a Republican, then he was an Independent, now he's a Democrat, he was a member of the Green Party, he's been a member of the Reform Party.
00:57:21.000Like, I don't know what Charlie Crist... That guy plays all sides of the field.
00:57:25.000Anyway, Charlie Crist wins against Nikki Fried.
00:57:28.0001.5 million Democrats show up to vote.
00:57:30.000There is no contested election on the Republican side of the aisle.
00:57:35.0001.6 million Republicans show up to vote.
00:57:38.000Voter turnout in Florida for the Republicans was higher without a contested election on the ballot than it was for Democrats with a contested election on the ballot.
00:57:45.000Meanwhile, Republicans swept through the local school boards in Florida.
00:57:49.000They picked up a bevy of local school boards, including in heavily blue areas.
00:57:54.000So what exactly is the Republican Party in Florida doing that the Republican Party elsewhere is not doing?
00:57:59.000Well, the thing that the Republican Party in Florida is doing is focusing in on Florida governance.
00:58:03.000Governor DeSantis is doing a very good job of focusing in on the educational predations of the left, on the wokeness of the left, on the attempt to weaponize corporations against the people of Florida.
00:58:14.000He's focusing in on his citizens, on local issues, on the things that people actually care about.
00:58:18.000And so Republicans in Florida are jazzed, not by the Trump FBI raid.
00:58:22.000They're jazzed because of all the other things.
00:58:56.000That they have essentially decided to run directly against the interests of their own students.
00:59:00.000And Charlie Crist, meanwhile, is picking Carla Hernandez-Matz, the president of Miami's United Teachers of Dade, as his running mate.
00:59:08.000She's also vice president of the American Federation of Teachers, so she works for Randy Weingarten.
00:59:12.000She opposed reopening Florida's public schools in the middle of the pandemic.
00:59:16.000In September of 2020, according to the Wall Street Journal, the UTD organized a caravan, including a hearse, to protest reopening schools outside the Miami-Dade County School Board headquarters.
00:59:24.000Hernandez-Matz insisted lives are going to be lost if Miami schools reopened.
00:59:29.000Florida schools did reopen, but in 2021, the AFT successfully lobbied the CDC to tighten school reopening guidelines, which kept schools elsewhere closed longer.
00:59:38.000So Chris is running the Terry McAuliffe playbook, and he's likely to lose.
00:59:41.000Again, look to the elections that Republicans have done really well in over the course of the last couple of years.
00:59:46.000Loudoun County, Virginia, school boards, local educational issues, those made the Republican governor of Virginia a Republican governor of Virginia.
00:59:54.000In New Jersey, The governor of New Jersey, Phil Murphy, nearly lost to a no-name Republican.
01:00:02.000I mean, these were 13, 14-point swings.
01:00:26.000We're going to be getting into the fact that the Republicans just received like $1.6 billion donation and Democrats are losing their minds about it.
01:00:33.000Plus, Sidney Sweeney is under attack because she has friends who apparently wear red hats.