Trump's economic boom continues! 3% GDP growth for the 2nd quarter is the best quarter in 4 years and the best since the 3rd quarter of 2014! What does this mean for the economy and the stock market?
00:00:41.000He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA History.
00:00:48.000We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.
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00:03:22.000But we had this great piece that Paul Krugman, who won a Nobel Prize, probably the leading economic voice on the left, who's saying Trump is going to crash the economy.
00:03:32.000He's going to destroy the American economy.
00:03:35.000I doubt he's going to initiate an apology for that.
00:03:38.000But this, and by the way, I was wrong.
00:03:41.000When I saw the economy in April, remember the stock market was bowing down by 2,500 points and it just looked kind of glum.
00:03:48.000But Trump has pulled off all of these trade deals, one after another.
00:03:53.000And you know me, Charlie, I'm not a big tariff guy, but he's been able to get all these countries to give America a freer and fairer level playing field, which is huge for America's farmers, our manufacturers, our car producers, our dairy farmers, our tech companies.
00:04:10.000And I can't keep up with the guy, frankly.
00:04:12.000So I want to actually zero in on that.
00:04:15.000You're not a tariff guy, but do you now think differently about how Trump has used tariffs to get to a free trade aim?
00:04:25.000Spend some time, Steve, because you're not against tariffs in implementation, but are you now open to tariffs as a tool towards a freer market?
00:05:21.000And that scared the, excuse my language, the crap out of the Europeans, the Japanese, the Chinese.
00:05:26.000I mean, they have to have access to America's markets because we're the alpha male economy.
00:05:32.000We're the $20 trillion consumer market.
00:05:35.000And he used these threats of tariffs in a very strategic way to force these countries.
00:05:41.000I mean, do you remember Charlie three months ago when the Europeans said, oh, to hell with Trump, we're never going to make a deal with him.
00:06:20.000And so, Steve, the free trade dogma, though, they were so critical of Trump.
00:06:25.000Do you see amongst the intellectuals, the intelligentsia, at least an admission That Trump was right and that his way of proceeding here was correct?
00:06:39.000It's a little early to say, but I have to say, I've seen a couple of, I think it was the New York Times of all places, don't quote me on that, because it was one of the more left-leaning publications saying, hey, you know, Trump's policies on trade seem to be working.
00:06:56.000And I thought, wow, that's an admission.
00:07:34.000But Trump is winning on these things, country after country.
00:07:38.000And incidentally, one of the things, again, this is so vintage Trump.
00:07:41.000I've learned a lot from him, Cho, just watching him and being around him.
00:07:46.000So what he's done is, you know, when he remember when Liberation Day came out, I mean, America crashed, everybody thought, oh my God, the world's coming to an end.
00:07:53.000And then what happened is a few of these countries said, hey, we'll make a deal.
00:07:57.000And then a few more countries said, we'll make a deal.
00:08:00.000And as more and more countries came to the negotiating table, what did that do?
00:10:00.000Steve, I'm not overly concerned about this, but can you at least go from a macroeconomic view that when we have a debt burden like we have, the only solution we have is growth plus some cuts.
00:10:12.000We got some cuts in the one big beautiful bill.
00:10:14.000I wish we would have gotten even more, but President Trump did not get what he wanted.
00:10:18.000A lot of moderate Republicans blocked him.
00:10:20.000So therefore, we have to go all in on growth.
00:10:23.000Is that assessment one that you agree with?
00:10:27.000And I've been saying this for the last five years or so to any Republicans or politicians who will listen that if we can get to 3% growth, in other words, if you look at those scary charts that show the debt going up and up and up and up and up into the stratosphere over the next 30 years, those are very, very frightening numbers.
00:10:50.000They show our debt going to 200% of GDP, which would be ruinous for our country.
00:15:08.000I visit hundreds of campuses every year, and I see it everywhere.
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00:16:20.000Joining us now is a great man who was persecuted by our own government.
00:16:25.000This Douglas Mackey, remember, meme defensefund.com and also his lawyer, James Burnham, managing partner at King Street Legal.
00:16:34.000Douglas, so glad to see you free and winning your case.
00:16:37.000Douglas, take some time right now to tell this story to our audience in your own words.
00:16:45.000I posted a joking meme in the 2016 election cycle saying that you could text your vote for Hillary Clinton, stay home, avoid the line, blah, blah, blah.
00:16:56.000And I found this meme on 4chan and just shared it, thought it was funny.
00:17:00.000Four years later, two days after Joe Biden was inaugurated, they got a warrant for my arrest.
00:17:07.000Seven days after Joe Biden was inaugurated, I got the knock on the door from the FBI.
00:17:12.000I was convicted in 2023 for a conspiracy against Rice for posting this meme.
00:17:18.000The judge said I should report to prison on January 18th of 2024.
00:17:25.000We had to go to the appeals court just to get a bond saying that I should at least be able to wait for the appeal to go to prison for posting a funny meme.
00:17:34.000They claimed it was a conspiracy to steal people's votes against their rights.
00:17:39.000And we had a very strong appeal and a great legal team, including Jones Day attorneys.
00:17:45.000And we just got the news a few weeks back that we won the case.
00:17:51.000And the reason is because the government brought a case with insufficient evidence and no rational jury should have convicted me on these charges.
00:17:58.000Maybe that's why they brought it in Brooklyn, New York, which is one of the most diverse and liberal left-leaning districts in the country, even though there was no connection to Brooklyn.
00:18:08.000So I'm extremely grateful to be vindicated and very grateful for all the support I've gotten from everybody, from my family, friends, and the media, of course.
00:19:59.000They waited until the second day of the Biden administration to send a team of armed federal agents, guns, the jackets, the works, maximum intimidation.
00:20:09.000They don't normally arrest nonviolent offenders in real cases, let alone fake cases.
00:20:14.000They send a team of armed people to arrest Doug on the second day of the Biden administration.
00:20:19.000You know, you talk about totalitarian regimes and totalitarian tactics.
00:20:28.000That meme is making fun of Hillary and that's not acceptable.
00:20:31.000So I just think that timeline is so important.
00:20:33.000On the substance, look, the theory of the case is ludicrous.
00:20:37.000They charged Doug under a statute that said that was passed after the Civil War to deal with the Ku Klux Klan blockading polling places in Alabama or whatever.
00:20:48.000And lots of people conspire to forcibly deny the right to vote.
00:20:53.000Okay, they did not pass the statute about memes.
00:20:55.000Americans have a constitutional right to send memes.
00:20:59.000Our founding fathers in the revolutionary generation were powered by memes.
00:21:02.000The Gadson flag is one of the most famous memes in American history.
00:21:07.000And so process and substance, just a horrible tragedy.
00:21:11.000And then the last thing I want to say, just because I think it's a fun fact, the lawyer who actually won Doug's appeal in the Second Circuit, my former partner at Jones Day, I used to work there, Yakov Roth, is now the number two official in the civil division at the Justice Department.
00:21:25.000So the president has brought in the people who overturned this injustice, and now they're working for him to defend him against all the people who are trying to stop his administration from making America great again.
00:21:35.000So Douglas, what did this do to you personally?
00:21:38.000I mean, again, you had the feds come raid you and come after you right after Biden wins.
00:22:33.000I said, how in the world am I going to pay for this?
00:22:36.000Very fortunate that the American people rallied around me and helped me fund the case.
00:22:40.000But even then, I still owe a lot of money on this case.
00:22:43.000Those bills have not been paid in full.
00:22:46.000And it goes, the list goes on and on, the stress of myself, my wife, who we got married during the middle of the case because we said, look, we can't wait forever to get married.
00:23:27.000As soon as I touch down in Brooklyn, New York, because I live in Florida now, I get the news that she has to have an emergency C-section 8 p.m. that night.
00:24:25.000So justice for Doug has sort of two components.
00:24:28.000The first one is to try the best we can to get the government to make Doug whole for what happened to him.
00:24:34.000You know, no amount of money can ever give him those years of his life back, but hopefully we can at least get him some justice by suing the government.
00:24:40.000Process-wise, the way that works, the district court is going to issue a definitive dismissal of the case soon.
00:24:49.000And then we go to the Justice Department and we file a claim on Doug's behalf with the department.
00:24:54.000I have every confidence that the Attorney General Bondi, Deputy Attorney General Blanche, and the rest of the great Justice Department team are going to want to make this right and make things whole for Doug.
00:25:04.000But then the other part is making sure that there's accountability for the people that did this to him so that it never happens to anybody again.
00:25:11.000And so that means making sure that there's a proper investigation into what happened.
00:25:30.000And then we need to find ways to hold them accountable.
00:25:32.000And that could include suing them personally.
00:25:34.000It could include misconduct complaints with the department.
00:25:36.000And we're not going to stop at anything until we've both made this right for Doug and done everything we can to make sure that this never happens again in the United States.
00:25:47.000How can the audience support you and help you give some final marching orders here, Douglas Mackey, who nearly went to federal prison for a meme?
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00:27:12.000Okay, so this story just seemed kind of goofy, to be honest with you.
00:27:16.000I kind of skimmed it, and the fact it's gone viral is just so stunning.
00:27:21.000So apparently, an actress by the name of Sidney Sweeney did an advertisement for American Eagle jeans, and they did something kind of, you know, lighthearted.
00:28:20.000We begin with the backlash of our new ad campaign featuring actress Sidney Sweeney.
00:28:24.000Yeah, the ads are for American Eagle and the tagline is Sidney Sweeney has great genes.
00:28:29.000Now in one ad, the blonde-haired, blue-eyed actress talks about genes as in DNA being passed down from her parents.
00:28:35.000The play on words is being compared to Nazi propaganda with racial undertones.
00:28:43.000The pun good genes activates a troubling historical associations for this country.
00:28:51.000The American eugenics movement in its prime between like 1900 and 1940 weaponized the idea of good genes just to justify white supremacism.
00:29:03.000Despite that backlash, American Eagle stock has been soaring.
00:29:07.000I mean, you want to know why young men are moving to the right?
00:29:09.000Here they are in ABC with some old crow saying that this is pushing forward eugenicism.
00:29:17.000I want to just, for those in the older audience, imagine if they would have done this with like Brooke Shields or Kathy Ireland 30 or 40 years ago.
00:29:25.000And the entire left is losing their mind.
00:29:27.000They're saying that Sidney Sweeney is Nazi propaganda.
00:29:31.000And honestly, the ad was like, okay, it wasn't like that unique.
00:33:56.000That's what fires up the American left.
00:34:00.000And there's actually a more quote-unquote controversial version of the ad campaign.
00:34:03.000But first, let's play Brooke Shields 429.
00:34:06.000The secret of life lies hidden in the genetic code.
00:34:09.000Genes are fundamental in determining the characteristics of an individual and passing on these characteristics to succeeding generations.
00:34:19.000Occasionally, certain conditions produce a structural change in the gene, which will bring about the process of evolution.
00:34:28.000This may occur in one or more of the following ways.
00:34:31.000Firstly, by selective mating, in which a single gene type proves superior in transmitting its genes to future generations.
00:34:40.000And by the way, all these people that are so angry about, oh, this is eugenics, they're probably almost all Planned Parenthood supporters, and that's actually how Planned Parenthood started, which is eugenics.
00:34:50.000So they're mad at American Eagle for making a joke about genes, but they're fine with Planned Parenthood being an actual eugenics enterprise.
00:34:58.000This is where we are as a society and as a culture.
00:35:02.000But there's a lot of angry liberal women right now.