Trump honors Charlie Kirk with a posthumous medal of presidential freedom. Plus, we get to a supposed blockbuster political story about grouperism, white supremacy, and ugly stuff inside young Republican chats. And what is the duty of conservatives to unite with such stuff? What does that mean?
00:00:44.000Well, folks, President Trump is back in the United States, and on his first day back in the United States, which was Tuesday, he did something incredibly moving.
00:00:51.000He posthumously awarded America's highest civilian honor to our friend Charlie Kirk, who, of course, was assassinated just a few weeks ago.
00:01:01.000Here was the president of the United States, granting that extraordinary honor to Charlie.
00:01:06.000He was assassinated in the prime of his life for boldly speaking the truth, for living his faith and relentlessly fighting for a better and stronger America.
00:01:18.000And that's why this afternoon, it's my privilege to posthumously award Charles James Kirk, our nation's highest civilian honor, the presidential medal of freedom.
00:01:57.000As I said on the day that he was assassinated, Charlie Kirk was a martyr for truth and for freedom.
00:02:05.000And from Socrates to think and to St. Peter from Abraham Lincoln to Martin Luther King, those who change history the most, and he really did, have always risked their lives for causes they were put on earth to defend.
00:02:22.000And the president went on to say that he was going to continue the fight because Charlie, of course, was not just a Christian activist.
00:02:29.000He was not just a person who spoke publicly.
00:02:32.000He was, in fact, a mover and shaker inside the Republican Party.
00:02:35.000He was a major force behind the reelection of President Trump in 2024.
00:02:39.000And he was very tight with the vice president of the United States.
00:02:43.000Obviously, TPUSA was gearing up as a major force behind the vice president's potential campaign in 2028.
00:02:49.000Here's the president of the United States.
00:02:52.000So we hold his memory in our hearts forever, every single day of this administration.
00:03:16.000In a bit, we're going to talk about what strategy it takes to win.
00:03:18.000Because one thing about Charlie that Charlie was very much in favor of was open and honest debate.
00:03:23.000It's something that he went out and he did in the most civil way.
00:03:26.000And the reason that Charlie was famous was not for the stuff that made him powerful inside the Republican Party.
00:03:30.000All the sort of get out the vote efforts and the coalition building behind the scenes.
00:03:33.000The reason that Charlie was incredibly popular is because of these debates that he did on campus, where he had these open conversations with people and tens of millions, billions, in fact, of views on places like TikTok.
00:03:44.000That is the reason why you had this extraordinary outpouring of grief and support for Erica Kirk and TP USA over the course of the last month.
00:03:51.000It remains an ex just a beyond words event that Charlie was taken away from the country.
00:04:00.000Tuesday would have been his 32nd birthday, which is just unthinkable, obviously.
00:04:04.000The State Department, meanwhile, has made the move to bar foreigners who enter the United States and have a record of wishing death upon Charlie Kirk or celebrating the death of Charlie Kirk.
00:04:14.000The State Department put out a list of people who it would be barring from the United States.
00:04:19.000They tweeted out, quote, the United States has no obligation to host foreigners who wish death on Americans.
00:04:24.000The State Department continues to identify visa holders who celebrated the heinous assassination of Charlie Kirk.
00:04:28.000Here are just a few examples of aliens who are no longer welcome in the United States.
00:04:33.000An Argentine national, who said that Kirk, quote, devoted his entire life spreading racist, xenophobic, misogynistic rhetoric and deserves to burn in hell visa revoked.
00:04:41.000A South African national, who mocked Americans grieving the loss of Kirk, saying they're hurt that the racist rally ended in attempted martyrdom and alleging he was used to astroturf a movement of white nationalist trailer trash, visa revoked, a Mexican national who said Kirk died being a racist, he died being a misogynist, and said there are people who deserve to die.
00:04:57.000There are people who would make the world better off dead visa revoked.
00:05:02.000The State Department says the president and Secretary of State Marco Rubia will defend our borders, our culture, and our citizens by enforcing our immigration laws.
00:05:09.000Aliens who take advantage of America's hospitality while celebrating the assassination of our citizens will be removed.
00:05:15.000And of course, that makes perfect sense.
00:05:16.000It is worth noting, by the way, that MSNBC was the only major news network not to air that Medal of Freedom ceremony for Charlie Kirk, which is really quite astonishing, actually.
00:05:29.000The fact that MSNBC refused to do so, it wasn't as though there was a lot on the TV at that point.
00:05:33.000I mean, the president of the United States had virtually the entire cabinet there as he honored Charlie Kirk, plus Erica Kirk was there as well.
00:05:40.000It is typical MSNBC to instead tune to some other topic.
00:05:45.000But this speaks to the broader problem of violence and extremism and radical rhetoric and radical action inside the United States, not just people who are imported from outside the United States, who hate enormous parts of our culture, who hate the central basis of our civilization, but people who have been brought up in the United States to hate precisely that civilization.
00:06:07.000It remains a sort of shocking thing that so many members of the left are willing to look at the other way.
00:06:12.000Obviously, the most obvious example recently is the attorney general candidate in Virginia, Jay Jones, who was caught on a text thread to a Republican saying that he wished for the death of the Virginia Speaker of the House of Delegates, and then made some extraordinarily terrible comments about the speaker's children.
00:06:33.000There have been very few Democratic calls for him to drop out of the race.
00:06:36.000In just a moment, we'll get to the supposed big story of the day, a political story about young Republicans using white supremacists, Nazi adjacent rhetoric, and all the rest.
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00:08:48.000Meanwhile, Democrats continue to cover up the violence in the ideology in the ideological structures of their own side.
00:08:54.000Governor Josh Shapiro of Pennsylvania, who was widely touted as a possible VP candidate with Kamala Harris, and is still touted as a possible presidential candidate in 2028.
00:09:03.000I don't think that's a that's a real candidacy.
00:09:07.000But Josh Shapiro called for accountability after the arsonist who set fire to the Pennsylvania governor's residence, which forced Josh Shapiro and his family to evacuate, received 25 to 50 years in prison.
00:09:19.000That particular arsonist was 38 years old and pled guilty, according to the Wall Street Journal, to state charges of attempted murder, aggravated arson, burglary, and other charges under a plea deal, he will not be eligible for parole until 2050.
00:09:32.000Law enforcement officials said that the arsonist was in part motivated by his views on the Israel-Gaza war.
00:09:37.000In other words, he was attacking Josh Shapiro because Josh Shapiro is a Jew, and Josh Shapiro also happens to be generally pro-Israel.
00:09:45.000This was a member of the radical anti-Israel left, in other words.
00:09:49.000And yet here was Josh Shapiro calling for accountability, especially in rhetorical terms without actually calling out the ideological structure at issue.
00:09:57.000I've talked to people who are thinking about running for office, who have said they don't want to, because they don't want to put their families at risk.
00:10:08.000These are good people who just want to serve, want to do right by their communities, who are being impacted by this unacceptable level of political violence that we're seeing in our country.
00:10:22.000I think we need real accountability for acts of political violence.
00:10:27.000And today is real accountability for the violence that came here to Pennsylvania.
00:10:34.000But as I say, it's not just about calling out acts of political violence.
00:10:39.000Whether it's the arson attack on Josh Shapiro's home, or whether it is the murder of Charlie Kirk, calling out the structures, the rhetorical and ideological permission structures that allow for violence to happen.
00:10:50.000That's the thing that needs to happen.
00:10:51.000And so when Josh Shapiro doesn't call out the fact that this person was a radical pro-Hamas activist who did this, that is a missed opportunity and in fact a moral shortcoming.
00:11:03.000The fact that Democrats are not calling out the ideological thought structure that led to Charlie's assassination, which we've talked about on the show, this thought structure that says that you're a member of a victimized group and that the superstructure of society is targeting you, and that therefore you have every ability, nay, every moral impetus to go and do violence to somebody else.
00:11:24.000The failure to call that out, particularly when it comes to trans violence, is a huge, huge problem, obviously.
00:11:29.000And the entire left has gone completely silent on all of that.
00:11:32.000When the left generally goes silent on Jay Jones and pretends that what he was saying about the Speaker of the House, that he's a fascist.
00:11:56.000According to MediaIt, that would have been Wisconsin's Winnebago County Democratic Party volunteer, who apparently handed that bracelet to an eight-year-old at a local farmer's market.
00:12:06.000According to Katie Newbauer and her family, they were attending the Oshkosh farmers' market last Saturday when this moment took place.
00:12:12.000Here was Katie Newbauer describing to Fox W L U K 11 in Green Bay and surrounding cities.
00:12:19.000Katie Newbauer says she and her family were enjoying their Saturday morning at the Oshkosh farmers market this past weekend.
00:12:26.000But things took a turn, she says, when her eight-year-old child was handed a bracelet from a member of the Winnebago County Democratic Party's booth.
00:12:33.000The guy behind the tent table said, Hey, give this to your mom.
00:12:38.000And one of the children comes running up, gives us the bracelet, and we're looking at it, and it literally says, Is he dead yet on the bracelet?
00:12:45.000Newbauer and the Republican Party of Winnebago County assume this was a hate speech reference to President Donald Trump.
00:12:51.000Fox Eleven was unable to get a photo of the bracelets.
00:12:54.000We've been working to get questions answered by the county Democratic Party.
00:12:58.000Okay, so again, the fact that this has become so mainstream, and it is.
00:13:02.000I mean, to pretend that these sort of ideological takes are not mainstream would be to ignore the rising tide of violent rhetoric in the country.
00:13:09.000It is also worthwhile noting that it is incumbent on people of all sides to condemn this, particularly from their own side.
00:13:14.000It's very easy for people on the right to condemn this stuff, because of course it's not happening on our side in quite the same way.
00:13:20.000But when ugly things happen on your own side, yes, you do have some sort of moral duty to take note of this and then to condemn it.
00:13:28.000Okay, so this brings me to a story from Politico.
00:13:32.000It's making the rounds, creating an enormous amount of dyspepsia on the right, particularly.
00:13:37.000Titled I Love Hitler, Leaked's Messages Expose Young Republicans' Racist Chat.
00:13:42.000Okay, so as we'll see, it is questionable about whether that actual line, I love Hitler, was sort of said in jest, or or whether it was said sort of authentically, right?
00:13:51.000All the all those pieces of the chat have been released by Politico.
00:13:55.000Quote leaders of young Republican groups throughout the country worried what would happen if their telegram chat ever got leaked, but they kept typing anyway.
00:14:01.000They referred to black people as monkeys and the watermelon people and mused about putting their political opponents in gas chambers.
00:14:06.000They talked about their enemies and driving them to suicide and lauded Republicans who they believed support slavery.
00:14:11.000William Hendricks, the Kansas Young Republicans vice chair, used the words N-word with an A at the end and N word with a UH at the end.
00:14:19.000Variations on the N-word itself more than a dozen times in the chat.
00:14:22.000Bobby Walker, the vice chair of the New York State Young Republicans at the time, referred to as Epic.
00:14:27.000Peter Giunta, who at the time was chair of the same organization, wrote in a message sent in June that everyone that votes no is going to the gas chamber.
00:14:34.000Jiunto was referring to an upcoming vote on whether he should become chair of the Young Republican National Federation, the GOP's 15,000 member political organization for Republicans between 18 and 40 years old.
00:14:52.000Remember going 2015, 2016, I was speaking to some college campus in California, and some kid came over and started using some Gruper memes.
00:15:02.000And I said to him, listen, I understand that you're just being an edge lord right now.
00:15:06.000I'm just telling you, if you put that stuff online, if you put that stuff in chats, if you actually authentically think that stuff, first of all, you're wrong.
00:15:12.000But second of all, if you put that stuff online, there are social consequences to saying and believing truly terrible things.
00:15:20.000Again, I'm not talking here about whether we should ban people from Facebook.
00:15:25.000Obviously, the answer is no, whether you ban people from YouTube or X. I've argued in favor of the restoration of people's accounts on these platforms because they are platforms.
00:15:33.000They are, they are not, in fact, publications.
00:15:36.000However, in your life, there are social consequences to people who say things that you believe are terrible.
00:15:42.000They don't get to come over to dinner at your house, for example.
00:15:45.000They don't get to marry your kids, or you don't date them.
00:15:48.000We all have social lines that we draw all the time.
00:15:50.000And the question is where to draw those lines and how those lines ought to be drawn.
00:15:54.000Listen, there is no question that the shutting tight of the Overton window by the left means that the explosion of the Overton window has let in an enormous amount of garbage.
00:16:04.000And it is the case that this sort of language is routinely used now among some segment, not all, not even a majority, but among some fragmented segment of the right wing ecosystem among young people.
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00:19:00.000Two, the right doesn't have an obligation to go totally insane over such chats.
00:19:04.000Okay, what the left likes to do and what the media love to do is they love to take stuff like this, and then they say to every member of re of the Republican Party, you must personally condemn all of this.
00:19:13.000And the answer should be, I'm happy to condemn the crap in there, but why am why am I responsible for it?
00:19:23.000And your implication that everyone on the right is responsible for a group of young Republicans who say terrible things in private to one another that somehow that implicates the entire Republican Party, while meanwhile, the attorney general candidate in Virginia publicly says things, and that doesn't implicate the entire Democratic Party.
00:19:41.000I mean, or Zorn Mamdani is going to be your New York mayor.
00:19:45.000And that dude is just openly pro-terrorism.
00:19:49.000Like, obviously, there is a difference.
00:19:52.000This political story, which is gaining all sorts of traction, is not in fact comparable to actual people running for high office in Virginia or in New York City or the Democratic Party at high levels engaging with this sort of nonsense.
00:20:05.000Third, when you're asked about somebody saying a bad thing, whether you're right or your left, of course you ought to condemn the bad thing that is being said.
00:20:15.000I don't even understand the logic of not doing that.
00:20:18.000Are you obligated to defend the bad thing being said because the person who is questioning you is somehow quote unquote on the other side?
00:20:24.000Because that's precisely how you get to a left that defends Jay John Jay Jones.
00:20:47.000But this sort of preemptive forgiveness that people are willing to grant to their own side, you only get out of jail free if you ask to do so.
00:20:55.000You don't get it just because like preemptively.
00:20:58.000So you say something terrible, or you do something terrible, and people just preemptively forgive you.
00:21:04.000All that is is an incentivization to do more of that thing.
00:21:08.000And I will say, finally, it actually is not sufficient to publicly proclaim you're not going to condemn these people while you don't say anything about their comments and instead just project to the other side.
00:21:20.000Because strategically, on a strategic level, this is how your party ends up being taken over by the ambulatory psychotics.
00:21:26.000Okay, I want to look at the left because that's how it happened.
00:21:28.000The left decided they would not, under any circumstances, condemn their own ambulatory psychotics because those people were part of their coalition and they couldn't do it or they would lose.
00:22:08.000Donald Trump has been president dos times, two times.
00:22:13.000Republicans are in control of the Senate.
00:22:15.000Republicans are in control of the House.
00:22:17.000Republicans are in control of the majority of governors' mansions.
00:22:20.000Republicans are in control of a majority of state legislatures.
00:22:23.000The left is not winning because of their unity.
00:22:25.000They're being destroyed because of the thing I'm talking about happening on the right.
00:22:29.000Because they decided That the nut jobs and the radicals in their own party could not be condemned under any circumstances.
00:22:35.000They decided to feature Ilhan Omar on the cover of magazines and unite around the crazy college protesters and the BLM rioters and the transgender radicals.
00:23:03.000People who are moderate picked him above the unified left that was siding with all of their radicals and defending all of their radicals and massaging all of their radicals.
00:23:11.000Because it turns out this is a very big country with an awful lot of people.
00:23:15.000And the vast majority of them are not loon bags.
00:23:18.000And the vast majority of them don't like the lunacy.
00:23:22.000And beyond that, we need to be real about the agenda of many of the people who are continuing to rely on the kindness of the quote unquote traditional Republicans who quote unquote don't want to attack right.
00:23:33.000Marjorie Taylor Green is dividing the Republican Party, not the people criticizing Marjorie Taylor Green.
00:23:39.000She is attacking the president day in and day out.
00:23:43.000The people who mention it, or Marjorie Taylor Green.
00:23:46.000Marjorie Taylor Green spent the last 24 hours ripping into Republican men.
00:23:51.000For example, Marjorie Taylor Green, apparently, she tore into her party and said GOP men in the Congress are quote unquote weak.
00:24:03.000Apparently, and now she's getting this media blitz from the left while torching Speaker Johnson, torturing Donald Trump, accusing Donald Trump of a cover-up over Epstein, quote, whereas President Trump has a very strong dominant style.
00:24:30.000It can't be that you've been out there day and night getting the strange new respect from the left by attacking Trump over his foreign and domestic policy while engaging in the most rudimentary conspiratorial nonsense.
00:24:43.000If you point that out, are you the divider, or is it Marjorie Taylor Greene who's busy taking victory laps on CNN?
00:24:50.000When people keep trotting out, folks like Alex Jones.
00:24:54.000And the idea is that if you don't quote unquote unite with Alex Jones, somehow you're undermining the party.
00:24:58.000It's Alex Jones who's torching members of the Trump administration.
00:25:02.000I mean, here's Alex Jones on Tucker Carlson's show, torching in order, Pam Bondi, Cash Patel and Dan Bongino.
00:25:10.000Who's the one attacking the president's policy?
00:25:12.000Who's the one who's shooting inside the tent, by the way?
00:25:18.000I'm getting rather tired of this idea that everybody who is not on the sort of extreme wing of the conspiratorial right, those are the ones who are wrecking the party by not accepting the extreme wing of the conspiratorial right that is constantly attacking inside the party.
00:25:59.000Again, politics is a coalitional business, and people can vote for whomever they want.
00:26:04.000But the question now is not about voting.
00:26:06.000The question right now is about who gets to define the message and the future of the Republican Party.
00:26:11.000That's an ongoing battle all the time.
00:26:13.000That's an ongoing battle on the right.
00:26:14.000And if you don't call this stuff out, you end up with the right-wing version of AOC running your party.
00:26:19.000So, yes, obviously, when it comes to the political party, when it comes to the Republican Party, when it comes to the conservative movement, some standards must be applied.
00:26:28.000Because the standards end somewhere, obviously.
00:26:30.000So the question is which standard gets applied?
00:26:48.000But we are not talking here about an electoral strategy.
00:26:51.000We are talking about who gets to lead the movement, how that should be dealt with, how bad ideas ought to be condemned.
00:27:02.000And if you're not willing to do that on your own side, then frankly, I don't have a lot of respect for you when you're attacking the other side for doing it.
00:27:08.000I don't think it's equivalent on both sides.
00:27:11.000I do not believe that the permission structures for violence on the right are the same as the permission structures for violence on the left.
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00:30:40.000Apparently, there's going to be a debate between Zor Mamdani and Andrew Cuomo and Curtis Sleewa this evening.
00:30:50.000Sliwa, you know, really is sort of the complicating factor in the race right now.
00:30:55.000If it comes down to Cuomo and Mam Dani, Cuomo has a sort of outsider shot at the mayoralty.
00:31:01.000According to the New York Post, Cuomo and Sleeva will come to the crucial face-off bearing fresh evidence the socialist frontrunner is unfit to be dogcatcher, let alone mayor of New York.
00:31:10.000This is Michael Goodwin writing for the New York Post.
00:31:13.000That smoking gun is Mam Dani's outrageous reaction to the end of the war in Gaza and the return of 20 living Israeli hostages.
00:31:19.000His Monday statement never mentioned the Hamas invasion of Israel on October 7th, 2023.
00:31:24.000An effort that can only be described as a putrid whitewash of the slaughter and infanticide that marked the deadliest day for the Jews Since the Holocaust.
00:31:31.000He also didn't mention President Trump's heroic efforts to bring priests, lest it trigger a mass outbreak of Trump derangement syndrome among his radical camp followers.
00:31:43.000He said that our tax dollars are funding a genocide.
00:31:47.000Mam Dani, he has refused to condemn bloodlust by his fellow Muslims.
00:31:52.000It's on par with his previous refusal to condemn the phrase globalize the intifada.
00:31:56.000According to Michael Goodwin, Mamdani still has not denounced the butchers of Hamas, even as they just murdered people wholesale on the streets in Gaza.
00:32:05.000It is truly an amazing thing that all the people who decl who decried the condition of Gazans have gone totally silent when it's Hamas doing the killing.
00:32:38.000And I was always very generous with New York, even when you had opposition there, but I was always very generous.
00:32:43.000But I wouldn't be generous to a communist, a guy that's going to take the money and throw it out the window, because you're talking about hundreds of billions of dollars.
00:32:51.000And we're not going to let somebody get into office and squander the taxpayer money from this country.
00:34:36.000Okay, well, we'll find out whether that comes true or not.
00:34:39.000Somebody is going to have to disarm Hamas because Hamas has launched a massively violent crackdown in the Gaza Strip.
00:34:46.000Hamas is effectively going house to house now, eliminating all of its possible rivals in what remains of its possible sphere of control.
00:34:54.000According to the Wall Street Journal, a fight between Hamas and other armed Palestinian groups in the Gaza Strip is now underway.
00:35:00.000Hamas has surged forces in behind the Israeli troops leaving.
00:35:04.000So the entire world pressured Israel to leave these areas.
00:35:06.000And as soon as Israel left the areas, Hamas rushed in and began murdering people, and the entire world is apparently still silent about that, except for President Trump.
00:35:13.000Clashes around a hospital in Gaza City on Sunday left dozens dead.
00:35:17.000I'm old enough to remember because I am more than five minutes old when any sort of violence done around hospitals, even if those hospitals were being used as Hamas bases, was considered some sort of massive war violation.
00:35:27.000And yet here I'm learning that there were clashes literally around a hospital in Gaza City, leaving dozens dead, according to the Hamas unit that conducted the raid and members of the family it was fighting.
00:35:37.000And videos show Hamas fighters dragging a number of men from the family into the public square in broad daylight, forcing them to kneel and then shooting them in the head in front of a crowd of onlookers.
00:35:47.000And that's so weird, because all the people who are saying genocide, genocide, it's so terrible it's happening in Gaza, they've gone totally utterly silent as Hamas simply drives around the Gaza Strip finding enemies and shooting them in the head.
00:36:01.000According to Hassan Abu Haniyev, an independent analyst based in Amman, specializing in Islamist groups, Hamas is re-establishing control.
00:36:08.000Hamas will be even more aggressive now to prove to the outside world no one can remove them, no force can challenge them.
00:36:14.000Now, remember, that happened because the entire world decided that somehow the members of Hamas were the victims in this particular conflict.
00:36:22.000And it was only because President Trump was capable of mobilizing the entire world to pressure Hamas into releasing 20 live Israeli hostages that that happened in the first place.
00:36:32.000So it remains to be seen how the rest of the Gaza plan will work out.
00:36:37.000But the President of the United States is obviously now heavily invested in a strategy of peace through strength, which is exactly what he said in front of the Israeli parliament.
00:36:45.000This is precisely the right policy when it comes to foreign policy.
00:36:50.000So it is not particularly surprising that President Trump is now set to meet with Ukrainian leader Vladimir Zelensky to discuss air defense and long-range capabilities, according to the Express out of the UK.
00:37:03.000There is talk that the President of the United States is going to be sending long-range Tomahawk missiles to Ukraine.
00:37:13.000The reason that the war in Gaza came to a successful conclusion for Israel, and again, what happens next is unclear, is because Hamas was so militarily pressured that they were left with no other choices.
00:37:24.000Every possible base of support was removed, up to and including the Qataris, who learned over the course of the last six way six weeks that they were not immune from Israeli assault inside their borders against members of Hamas.
00:37:36.000President Trump, according to the Express, has hinted at the possibility of sending Tom Hawks to Kyiv if Putin continues to obstruct any chance of peace talks.
00:37:45.000And the president has recently increased intelligence sharing with Ukrainian forces to enhance long-range attacks on Russian energy infrastructure, intensifying the pressure on Russia's struggling economy.
00:37:54.000This is, by the way, again, the right strategy.
00:37:56.000In more good foreign policy, the president of the United States has said that the United States will be attempting to grant loans to Argentina, but apparently only if Javier Mille's party wins the elections.
00:38:12.000That's not outside political manipulation.
00:38:16.000If Mille's party does not win the elections, if Mille looks as though he is somehow on shaky footing, investment into Argentina will stop dead.
00:38:24.000The only reason people are investing in Argentina right now is because they believe that they're not going to get a kirch and right government that simply seizes and nationalizes the mechanisms of production and takes away the resources people invest in that country.
00:38:37.000So speaking of Argentina, I asked our sponsors over at Comet, a project of perplexity about Argentina.
00:38:43.000How many times have they gone bankrupt over the course of the last century?
00:38:46.000And according to Comet, Argentina has gone bankrupt, meaning it has defaulted on its sovereign debt nine times over the last century, making it one of the countries with the most frequent defaults in modern economic history.
00:38:57.000Virtually all of those were since 1950, 1951, 56, 82, 89, 2001, 2014, 2019 was a technical or selective default, and 2020.
00:39:08.000And if you go all the way back to the 1890s, it happened in 1890 as well.
00:39:14.000So again, that is just because of bad economic policy, and Mile is trying to correct all of that.
00:39:20.000According to the Wall Street Journal, President Trump has directly tied the 20 billion dollar lifeline the United States is extending to Argentina to President Javier Miley's success in the coming midterm elections.
00:39:30.000Trump said, if he loses, we're not going to be generous with Argentina.
00:39:34.000Because if he doesn't win, we're gone.
00:39:36.000Which, by the way, is just a description of reality.
00:39:38.000That is not even leverage being used against some sort of foreign adversary.
00:39:41.000Why would you invest in the economy that has gone bankrupt a dozen times?
00:39:48.000If Melee is not solidly embedded in the economic future of Argentina, there's no reason anyone is going to be investing money in Argentina right now.
00:39:56.000Here is President Trump talking about the Argentina bailout.
00:40:00.000So I've been here now almost nine months, but when I just came in, I was amazed to see how poorly we've done.
00:40:28.000The President of the United States is not wrong.
00:40:30.000Treasury Secretary Scott Besson said it is, quote, much better to form an economic bridge with our allies and end up with people who want to do the right thing than have to be shooting narco gunboats, which was a reference to boats the United States is targeting off the coast of Venezuela.
00:40:42.000As President Trump met with Javier Miley, it was announced that the U.S. military had struck a fifth alleged drug smuggling vessel, killing six people.
00:40:49.000Javier Miley, for his part, thanked President Trump and Secretary of Treasury Bessent, saying that Besson had helped the country, quote, overcome this liquidity problem that Argentina had as a result of political attacks.
00:41:01.000So again, this is good foreign policy.
00:41:04.000And making it dependent on the continued durability of the melee regime is the smart play.
00:41:09.000Meanwhile, all the talk about President Trump's economy grinding to a halt, that seems like that is not happening.
00:41:16.000According to the Wall Street Journal, Wall Street continues to fire on all cylinders.
00:41:19.000Dealmaking, trading, and corporate lending are gaining steam and fueling profits at the nation's largest banks, with Goldman Sachs, JPMorgan Chase, Citigroup, and Wells Fargo, all beating third quarter profit and revenue forecasts.
00:41:30.000Goldman is now on pace for its best year ever in its main investment banking and markets division.
00:41:34.000JPMorgan is on track to make over $50 billion in annual profit for the second year in a row.
00:41:39.000BlackRock is sitting on a record $13.5 trillion in assets under management.
00:42:02.000For the moment, that is not what is happening.
00:42:04.000Again, the trade wars could restart again.
00:42:07.000There's a stock market dump just a few days ago when the president seemed to be starting another trade war with China over China's unwillingness to send a wide variety of rare earth minerals to the United States.
00:42:22.000But there's also the possibility the Supreme Court strikes down a lot of these tariffs, saying it's not within the purview of the executive, and suddenly you have a free trading regime, lower taxes, less regulation, and then the economy takes off.
00:42:35.000All of that is quite possible, actually.
00:42:37.000And depends on whether the Supreme Court, I think properly rules that the president does not have the unilateral power to simply increase tariffs as he sees fit.
00:42:45.000Meanwhile, Jerome Powell left the central bank on track to reduce interest rates again at its meeting later this month, highlighting weaknesses in the job market despite lingering concerns over sticky inflation.
00:42:55.000Pell says the central bank is trying to balance against two risks that could call for competing policy steps.
00:43:00.000He's afraid if he cuts rates too quickly, then inflation will continue to be higher than two percent.
00:43:05.000But moving too slowly to reduce borrowing costs could spur painful losses in the employment market.
00:43:09.000So it seems as though President Trump is going to get what he wants, which means he owns the economy from here on out.
00:43:16.000Blaming Joe Biden is going to help at this point.
00:43:18.000So it's either going to be a strong economy and MAGA winning into the future, or a weak economy, in which case the country is in an awful lot of trouble.
00:43:28.000Meanwhile, no sign of any end to the government shutdown insight.
00:43:33.000Democrats keep saying they want to reopen the government, but actually do not want to reopen the government.
00:43:37.000The House Minority Leader, Hakeem Jeffries, he says we'd love to reopen the government, but in order to do that, basically we need to undo everything that Trump has done over the last year.
00:43:47.000Well, our position from the very beginning is that we want to sit down, have a bipartisan discussion.
00:43:51.000Now we want to reopen the government, enact the spending agreement that actually makes life better for the American people and addresses the Republican health care crisis that is devastating people all across the country, working class Americans, middle class Americans, as well as everyday Americans.
00:44:08.000Again, I'm I'm not sure what they're aiming for here.
00:44:11.000I guess just to drive down the economy, but the economy seems to be shrugging off the government shutdown as well it should.
00:44:17.000Meanwhile, I guess Democrats are left with just yelling at Trump or clacking their dentures at President Trump, as Nancy Pelosi, the former speaker of the House has been doing.
00:44:25.000She's out there, again, making the rounds, unconvincing.
00:44:28.000Here she is with Gen Sackey over at MSMEC.
00:44:31.000President Trump is the worst president in American history for America's children.
00:44:39.000He's taking food out of their mouths with the SNAP program, health care away from them, education, children with special needs.
00:44:47.000Just reducing the number of people who work there from over 100 to barely 20 for children with special needs, and he's on top of it all, giving them four trillion dollars in national debt to pay for.