The Charlie Kirk Show - Kamala's Fox Flamout?

00:00:00.000 Hey, everybody.

00:00:00.000 Today on The Charlie Kirk Show, Ari Fleischer joins the program as we discuss the state of the media and the very eventful conversation between Brett Baer and Kamala Harris.

00:00:09.000 And then Michael Seifert from Public Square joins us, great American.

00:00:12.000 Email us, as always, freedom at charliekirk.com.

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00:00:33.000 Buckle up, everybody.

00:00:34.000 Here we go.

00:00:35.000 Charlie, what you've done is incredible here.

00:00:36.000 Maybe Charlie Kirk is on the college campus.

00:00:38.000 I want you to know we are lucky to have Charlie Kirk.

00:00:42.000 Charlie Kirk's running the White House, folks.

00:00:45.000 I want to thank Charlie.

00:00:46.000 He's an incredible guy.

00:00:47.000 His spirit, his love of this country, he's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.

00:01:04.000 That's why we are here.

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00:01:33.000 Super long lines right now in one of the most conservative parts of North Carolina.

00:01:37.000 It's right on the coast.

00:01:39.000 Super long lines.

00:01:41.000 This is right wing central out there.

00:01:43.000 It is called, let me make sure I get this right, Kerrituck County.

00:01:50.000 Kerrituck, I think that's how you say it.

00:01:51.000 Kerrituck County.

00:01:54.000 Population, 27,000 people right on the coast, right near the Coretic Sound.

00:01:59.000 I've been to a lot of places.

00:02:00.000 I've, of course, been to North Carolina.

00:02:01.000 I've never been to that part of North Carolina.

00:02:04.000 Eastern, Eastern, right near Kitty Hawk.

00:02:06.000 And that's where the Wright brothers found flight, right?

00:02:10.000 If I'm not mistaken, Kitty Hawk, North Carolina.

00:02:11.000 I could be wrong.

00:02:13.000 That's just drawing from memory.

00:02:15.000 We will be in Eastern Carolina University at some point.

00:02:18.000 Wilmington, we have a big event out there, but that's actually a ways away.

00:02:21.000 The coast of North Carolina is massive.

00:02:23.000 It's underappreciated, actually, about how significant the coast of North Carolina is.

00:02:28.000 I've never actually really spent time on the coast.

00:02:30.000 I'm told it's very beautiful and really nice.

00:02:33.000 So anyway, we got a picture here.

00:02:34.000 Let's load it up.

00:02:35.000 That is the line right there for early voting.

00:02:38.000 In Coretta County, North Carolina.

00:02:41.000 Pretty significant.

00:02:42.000 Massive surge.

00:02:43.000 More so than 2020.

00:02:45.000 It's running circles around 2020 when it comes to turnout.

00:02:48.000 Joining us now is Ari Fleischer to help us, let's just say, understand what happened with the Brett Baer-Kamala Harris interview.

00:02:55.000 Ari, welcome to the program.

00:02:56.000 Ari, give us your expert analysis of that interview.

00:03:00.000 Well, frankly, I think it's a worse task.

00:03:02.000 I think if you're a Republican, you saw an incompetent leader who talks in circles, who can't put together a substantive answer to anything.

00:03:10.000 And on immigration, she refused to acknowledge that the Biden administration is the cause of all these millions of people coming in across the border.

00:03:17.000 If you're a Democrat, you probably saw her Give it to Bret Baier, stand her ground, fight for the position she believed in, and go into the lion's den. 0.96

00:03:27.000 I really think it was that type of interview.

00:03:30.000 It wasn't like the Biden debate where everybody agreed Biden fell down and collapsed.

00:03:36.000 I think both sides had something on this.

00:03:38.000 But my biggest takeaway is she refuses to admit how bad the situation is at the border because of what she and Joe Biden did.

00:03:48.000 Yeah, I want to play some of that tape here, and I agree.

00:03:52.000 I will say that her failure to answer very basic questions is remarkable.

00:03:59.000 So let's go to this one here.

00:04:01.000 We'll kind of jump around.

00:04:02.000 Let's go to Cut88.

00:04:03.000 70% of people think the country's on the wrong track.

00:04:07.000 Let's play Cut88.

00:04:08.000 More than 70% of people tell the country is on the wrong track.

00:04:12.000 They say the country is on the wrong track.

00:04:14.000 If it's on the wrong track, That track follows three and a half years of you being vice president and President Biden being president.

00:04:23.000 That is what they're saying, 79% of them.

00:04:26.000 Why are they saying that?

00:04:27.000 If you're turning the page, you've been in office for three and a half years.

00:04:31.000 And Donald Trump has been running for office.

00:04:35.000 But you've been the person holding the office, Madam Vice President.

00:04:38.000 You and I both know what I'm talking about.

00:04:40.000 You and I both know what I'm talking about.

00:04:41.000 I actually don't.

00:04:42.000 What are you talking about?

00:04:42.000 What I'm talking about is that over the last decade, But listen.

00:04:51.000 Ari, your reaction.

00:04:52.000 What are you talking about?

00:04:53.000 One of the best moments I've seen in quite some time.

00:04:56.000 I love that answer.

00:04:57.000 Over the last decade, do you realize who was the president a decade ago?

00:05:02.000 Barack Obama.

00:05:04.000 It was Obama.

00:05:05.000 President a decade ago.

00:05:07.000 So she will blame anybody and everybody other than herself and Joe Biden for the very things that are happening now in America and especially on the border.

00:05:16.000 The very things happening in our cities due to crime.

00:05:18.000 The very things that happened with inflation due to their spending policies.

00:05:22.000 That was a classic case of denying everything that happened under her watch and blaming everybody else, including Obama and Trump.

00:05:31.000 And I just think the American people don't want to hear that.

00:05:34.000 The American people want to hear about we have problems.

00:05:37.000 These are the problems.

00:05:38.000 This is what I'll do about it.

00:05:40.000 She just goes right to this is what I'll do about it as if she had nothing to do with creating the problems in the first place.

00:05:47.000 I think that's spot on.

00:05:48.000 Let's play another piece of tape here, and I want to get your analysis.

00:05:51.000 And by the way, they're calling it an ambush.

00:05:53.000 Yeah, a tough interview is an ambush.

00:05:54.000 Welcome to the daily life of Donald Trump.

00:05:57.000 It's just, these people are unbelievable.

00:05:59.000 Actually, I want to get your analysis here.

00:06:01.000 Cut 87, this was the moment where Kamala Harris' team decided to wrap up the interview. 1.00

00:06:07.000 Again, how her team was handling this, there's a lot of drama here.

00:06:11.000 Let's play Cut 87.

00:06:13.000 Madam Vice President, it was a policy decision in the early part of your administration.

00:06:18.000 I will let one of the mothers talk about it.

00:06:20.000 Take a listen.

00:06:22.000 Because of the Biden-Harris administration open border policies catch and release, they were enrolled in the Alternatives to Detention program.

00:06:31.000 This meant that they were released into the United States.

00:06:34.000 It was not even a full three weeks later that they would take my daughter Jocelyn Nungere's life.

00:06:39.000 I believe the Biden-Harris administration open border policies are responsible for the death of my daughter.

00:06:45.000 That's the early days.

00:06:48.000 So do you owe them an apology is what I'm saying.

00:06:51.000 I will tell you that I am so sorry for her loss.

00:06:54.000 I am so sorry for her loss.

00:06:56.000 Sincerely.

00:06:58.000 But let's talk about what is happening right now with an individual who does not want to participate in solutions.

00:07:07.000 Ari, it just feels awfully clumsy to me.

00:07:10.000 Your reaction?

00:07:11.000 This is the administration, Charlie, that was handed the solution the day they took office.

00:07:16.000 Trump's policies had secured the border in a way that wasn't done previously.

00:07:21.000 And it was working.

00:07:22.000 And they deliberately undid it all.

00:07:25.000 And this is what she again refuses to acknowledge or admit.

00:07:28.000 And then she just says, we're going to flip the page as if she forgot that her picture is on all the pages she's trying to flip.

00:07:35.000 Because she's the book we currently are reading.

00:07:37.000 It's her administration and Biden's.

00:07:40.000 It's just avoidance.

00:07:43.000 It's a refusal to take responsibility for the biggest issue.

00:07:45.000 But you know, Charlie, when it comes to the border, what drives me crazy about the Democrats who talk about the bipartisan congressional bill, everybody should have been for it.

00:07:53.000 Do you honestly think there's anybody sitting in Venezuela right now who has a subscription to Congressional Quarterly and is studying the text of the bill that the Congress may pass and whether or not the delta in funding between FY23 and 24 will go up by 2.4 percent?

00:08:08.000 They're looking at it and saying, Biden's the president.

00:08:11.000 He wants us.

00:08:12.000 We can get in.

00:08:13.000 Harris, she said she was going to decriminalize. 0.95

00:08:16.000 We can get in.

00:08:17.000 Trump, Trump's crazy.

00:08:19.000 He's going to keep us out.

00:08:21.000 That's what it comes down to.

00:08:23.000 People fear Donald Trump, and it's to Trump's credit.

00:08:26.000 So really quick, Ari, can you analyze Brett's performance?

00:08:29.000 I thought Brett did very well.

00:08:30.000 He asked great questions.

00:08:32.000 People say, oh, he came in too hot.

00:08:33.000 Hold on a second.

00:08:34.000 You only think that because she's never received any tough questions for her entire career.

00:08:37.000 You know what's hot?

00:08:38.000 I'll tell you what hot is.

00:08:40.000 When Donald Trump is just sitting down with an economic club in Chicago, that was much spicier than we saw there. 1.00

00:08:45.000 Your analysis of Brett Baer's performance.

00:08:49.000 You nailed it, Charlie.

00:08:50.000 What was hot was Donald Trump going for the National Association of Black Broadcasters and getting grilled and grilled right from the start.

00:08:57.000 They didn't even say, hello, how are you?

00:08:59.000 They went right for the throat. 0.99

00:09:02.000 Look, Brett Barrett did journalism last night, and when you're Kamala Harris and you're the San Francisco DA, you are used to a cocoon of liberal softball questions thrown at you by an adoring media.

00:09:14.000 The same thing when you're at the White House and you're a Democrat.

00:09:17.000 You get the same supportive media.

00:09:20.000 She finally met a reporter who actually asked her hard questions.

00:09:24.000 And it was uncomfortable for her, visibly uncomfortable in several instances.

00:09:28.000 But this is what journalism should be in both directions for all candidates.

00:09:33.000 Sadly, it's only for Trump.

00:09:35.000 It's rarely for the Democrats.

00:09:37.000 Well said, Ari Fleischer.

00:09:38.000 Thank you so much.

00:09:39.000 Thank you, Charlie.

00:09:40.000 Great to be with you.

00:09:41.000 Thank you.

00:09:42.000 Email us, as always, freedom at charliekirk.com.

00:09:44.000 By the way, there is some, yes, I know I mispronounced the county, okay?

00:09:48.000 I apologize.

00:09:49.000 It is Kuretuk.

00:09:52.000 Is that right?

00:09:53.000 My goodness.

00:09:53.000 No, hold on.

00:09:54.000 No, no, no.

00:09:54.000 It's Kuretuk.

00:09:56.000 I'm sorry.

00:09:56.000 It's Kuretuk.

00:09:58.000 Kuretuk.

00:09:59.000 Thank you.

00:10:00.000 I mean, no offense, okay?

00:10:02.000 I only got...

00:10:03.000 I'm not kidding you.

00:10:04.000 I got 122 emails on this.

00:10:09.000 Which is good.

00:10:09.000 That's a good sign.

00:10:10.000 We got a lot of faithful in Kuretuk County.

00:10:13.000 I got to go visit.

00:10:14.000 I apologize.

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00:11:16.000 Barack Obama and Joe Biden were just caught on a hot mic.

00:11:22.000 Very interesting.

00:11:24.000 Joe Biden just said, you can't hear much on this.

00:11:27.000 We'll just play it as B-roll.

00:11:28.000 It's not a hot mic.

00:11:29.000 They were at Ethel Kennedy's funeral, and a lip reader read the lips of Joe Biden and Barack Obama.

00:11:37.000 And Joe Biden said, quote, she's not as strong as me.

00:11:40.000 Obama says, I know, that's true.

00:11:42.000 We have time.

00:11:44.000 I wonder what you mean by that.

00:11:45.000 We have time.

00:11:46.000 Awfully opaque, a little suspicious.

00:11:48.000 We have time.

00:11:50.000 You got to think about that.

00:11:51.000 And also, the third president at the funeral, Bill Clinton, also backstabbed Kamala the other day.

00:11:54.000 So you got three presidents at a funeral who are all bearish on Kamala.

00:11:58.000 It's not going well right now with Kamala Harris and the Democrat Party. 0.86

00:12:03.000 And that's them right there chatting.

00:12:05.000 Joe Biden and Barack Obama.

00:12:08.000 Maybe they have time to burn the papers.

00:12:10.000 Maybe they have time to cover up what they've been doing.

00:12:12.000 Maybe they have time to...

00:12:14.000 They don't have time to pull her as a candidate. 1.00

00:12:17.000 Should definitely keep you guys a little bit on edge right now.

00:12:21.000 The Democrats are going to try some dramatic things.

00:12:23.000 And the best thing we can do is to make it too big to rig and to overwhelm them at the polls.

00:12:28.000 But let me just repeat what they said.

00:12:30.000 Biden, she's not as strong as me.

00:12:33.000 Barack Obama, I know.

00:12:35.000 That's true.

00:12:36.000 We have time.

00:12:37.000 What do you think that means?

00:12:39.000 Email me freedom at charliekirk.com.

00:12:41.000 That kind of back and forth.

00:12:42.000 Freedom at charliekirk.com.

00:12:45.000 I want to play some tape here as we try to dissect what that all means.

00:12:50.000 This is North Carolina.

00:12:51.000 Voting in North Carolina is open and is happening right now.

00:12:56.000 Let's play cut 74.

00:12:57.000 We were better off when Trump was in.

00:12:59.000 Play cut 74.

00:13:00.000 Grit is what they all say Trump has.

00:13:03.000 We were better off when Trump was in than we are today.

00:13:07.000 Because prices were lower.

00:13:09.000 Everything was better.

00:13:10.000 Got the immigrants. 1.00

00:13:14.000 We don't really feel like right now that we have anybody at all looking after all this.

00:13:19.000 We need somebody to take command.

00:13:21.000 Nearly everyone we spoke to at Country Kitchen wanted Trump back in the White House.

00:13:26.000 If we get Trump, we got hope.

00:13:29.000 If we get Kamala, we don't have any hope.

00:13:33.000 It's gone.

00:13:34.000 The country's gone.

00:13:36.000 I like that guy.

00:13:38.000 Again, the National Geographic correspondent, it's gone?

00:13:42.000 What?

00:13:43.000 It is gone.

00:13:44.000 That's exactly right.

00:13:46.000 The country might cease to exist.

00:13:48.000 This is an election for the survival of the nation.

00:13:53.000 It is an election for the survival of what we care about most.

00:13:58.000 It is civilizational survival.

00:14:01.000 Let's go to this cut here.

00:14:02.000 An Arizona voter who lives right on the border in Yuma, which used to be a Democrat county.

00:14:08.000 Let's play cut 11.

00:14:10.000 Well, my decision is I live right on the border in Yuma, Arizona.

00:14:15.000 And I know in the last three and a half years, we have had just horrible, horrible problems in Yuma with a lot of illegal immigration coming through. 1.00

00:14:28.000 Our economy is awful.

00:14:30.000 Yuma's unemployment is 16%.

00:14:33.000 So the economy is a big factor as well.

00:14:37.000 Just a combination of things.

00:14:40.000 Our groceries have gone up.

00:14:42.000 Just everything has just really gone downhill in the last three and a half years for us in Yuma and Arizona completely.

00:14:53.000 And meanwhile, you are seeing Republicans gain a voter identification advantage nationally.

00:14:59.000 This is an amazing clip.

00:15:00.000 Play cut 12th.

00:15:01.000 Alright, so, party ID nationally.

00:15:03.000 You go to October and November of 2016, Democrats had a three-point advantage.

00:15:07.000 You go four years ago, Democrats had a six-point advantage.

00:15:10.000 Look at where we are today, Manu.

00:15:12.000 Republicans with a one-point advantage.

00:15:15.000 A very different picture.

00:15:16.000 Very much mirroring what we see in the party registration numbers in those key battleground states, and Pennsylvania in particular.

00:15:22.000 You know, the GOP leads by a point in party identification right now.

00:15:26.000 The average one the Republican Party loses is the Democrats ahead by eight.

00:15:30.000 When the Republican Party wins, the average party ID advantage for Democrats is three.

00:15:34.000 Republicans right now, Manu, are doing even better than the average when they win.

00:15:38.000 If there's one little nugget that I think Republicans are really hopeful for, it's this party ID and this party registration data.

00:15:43.000 It really points in a good direction for them and for Donald Trump.

00:15:46.000 But now we have to show up.

00:15:48.000 And that is exactly what we need to do.

00:15:51.000 It doesn't matter what the Democrats think they can do.

00:15:54.000 We outnumber them.

00:15:55.000 And we must make it too big to rig.

00:15:58.000 Make it too big to rig.

00:16:00.000 My sister's almost 40 and she's never voted.

00:16:02.000 Being more of a liberal, I never pushed her to, but this year, there's one in an email.

00:16:05.000 This year, she's sick of all the craziness and it's affecting her kid's school.

00:16:08.000 I got her registered, but she's a little confused by the ballot process, so I'm taking her lunch this week and walk her through it.

00:16:13.000 She's excited to vote for Trump and the GOP. Find a new voter and get them to go vote. 0.99

00:16:22.000 Hey everybody, Charlie Kirk here.

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00:17:24.000 Okay, joining us now is Michael Seifert, who has just made some huge news.

00:17:28.000 Public Square CEO Michael Seifert joins legal effort to defend religious freedom.

00:17:32.000 Michael, welcome to the program.

00:17:33.000 Tell us all about it.

00:17:34.000 Charlie, good to see you.

00:17:36.000 Yes, we are happy to announce that yesterday we joined in a lawsuit in federal court with the Dr.

00:17:43.000 James Dobson Family Institute, an incredible organization run by a true hero of our faith and our conservative values against the HHS and the EEOC. And for those who are not familiar, that is the Health and Human Services and the Equal Employment Opportunity Commission under the Biden administration.

00:18:01.000 And the reason that we are filing this lawsuit to challenge those two departments that are really bureaucratic cesspools now that are vehemently anti-Christian in their practices is because under the Biden and Kamala administration, back in April, the EEOC issued a declaration that essentially said that employers are forced to utilize The

00:18:32.000 HHS also joined in interpreting a rule out of the Biden administration that was essentially an alteration of part of the Affordable Care Act that pushed forth The idea that whether you are on a group plan or a self-funded plan, which are really your only two options as an employer, you are mandated with your health care provider to cover gender reassignment surgeries.

00:18:59.000 They reinterpreted the definition of sex to include abortion.

00:19:02.000 So you're also forced to cover abortion as a company that is seeking to provide health care coverage for your employees.

00:19:09.000 And not only is this an egregious act against all employers in our country because it's a total distortion of what sex means, what life means. 0.70

00:19:19.000 It is an egregious interpretation of law that was actually never supposed to mean this, but it also is directly in conflict with the Constitution and the desire that our religious liberties would be protected.

00:19:32.000 It is our most fundamental rights as Americans that our religious rights would not be infringed.

00:19:37.000 That includes, as an employer, as an owner of a company, I should not be forced to provide and pay for, or force my employees to pay for, health care coverage that will infringe upon my deeply held religious beliefs and the religious beliefs of my employees.

00:19:56.000 And right now, out of the Biden administration, after these rulings in April that pushed for gender reassignment surgery, coverage of abortion, this is the position we find ourselves in.

00:20:05.000 And we are wanting to put a stop to it.

00:20:07.000 So help me understand this.

00:20:09.000 So the EEOC and the Department of Health and Human Services without an act of Congress can force you, a private company, to do what exactly?

00:20:18.000 Just get as specific as you can.

00:20:20.000 Yep.

00:20:21.000 So the EEOC issued a declaration that implements what's called the Pregnant Workers Fairness Act.

00:20:27.000 And this act actually started with good intentions.

00:20:30.000 It was this idea that employers with 15 or more employees should accommodate female employees in regards to pregnancy and childbirth. 0.92

00:20:38.000 We're all for that.

00:20:39.000 In fact, we at Public Square give a baby bonus to new parents, $5,000 after taxes, because we support the expansion of families.

00:20:45.000 Here's the problem.

00:20:46.000 The EEOC bureaucracy has now essentially expanded this employer accommodation mandate to include female employees seeking abortion. 0.98

00:20:56.000 So it used to be about ensuring that women could act on their desire to both have a career and to be a devoted mother. 1.00

00:21:05.000 And that included paid time off that was set within certain standards.

00:21:09.000 But now the EEOC has said, yeah, that Pregnancy Workers Fairness Act that was a law, we're going to interpret it with a different definition of what being fair means, and we're going to include abortion.

00:21:21.000 And if you do not, we will penalize either the health insurance provider or the company.

00:21:26.000 And then the HHS took it even further.

00:21:29.000 They issued on April 25th of 2024 a new regulation interpreting Section 1550 This section forbids discrimination in health programs in regard to sex.

00:21:42.000 So it says that a health insurance provider or a company that is utilizing a health care plan, whether self-funded or a group plan, It was intended to say that you can't discriminate based upon sex, which means male or female.

00:21:55.000 But the HHS said, no, that's not enough.

00:21:57.000 We are going to reinterpret the definition of sex in the Affordable Care Act to mean and include termination of pregnancy and imposing with that a surgical and chemical abortion health care plan coverage mandate, along with gender affirming care in their health care plans,

00:22:15.000 which means that If we as an employer, or if our healthcare provider that we utilize for all of our employee plans, refuses to offer puberty blockers, cross-sex hormones, top and bottom surgeries, gender-conforming cosmetic surgery, and a host of other affirming practices paid for by the employer, that we are in violation of the Affordable Care Act as interpreted by the HHS. So they're essentially going around the law to reinterpret to harm our companies.

00:22:42.000 Wasn't there some legal breakthrough on this when the little sisters of the poor having to fund abortions? 1.00

00:22:48.000 Is that correct, Michael?

00:22:50.000 Is my memory right there?

00:22:52.000 You're right.

00:22:52.000 And Hobby Lobby was also a very historically precedent-setting case related to employers being forced to pay for abortion coverage for employees.

00:23:02.000 Unfortunately, the bureaucrats keep on at it, and they refuse to acknowledge historical case precedent that has laid the groundwork for two things predominantly.

00:23:11.000 Number one, an employer should not be forced to violate their conscience or their religious beliefs in the effort to provide sustainable and helpful health care coverage to its employees.

00:23:22.000 But the other thing is, this summer, Chevron doctrine was actually overturned in the Supreme Court.

00:23:28.000 It was one of the biggest cases.

00:23:28.000 You talked about this on your show.

00:23:30.000 The Chevron deference ruling that actually overturned 50 years now of what was truly unconstitutional actions out of bureaucrats should apply here as well.

00:23:42.000 We should see that bureaucrats are no longer able to interpret the law to further their own agenda and then enforce That interpretation outside of the confines of what the legislation has already deemed the law.

00:23:56.000 And so, Charlie, the reason we feel a great deal of confidence about this case is exactly what you just mentioned.

00:24:01.000 We have history on our side and we have the Constitution on our side.

00:24:04.000 The Supreme Court has ruled multiple times that employers like ours are not subject to the violation of our religious beliefs in order to provide health care coverage to our employees.

00:24:16.000 The Biden administration has tried to double down.

00:24:18.000 And what they're trying to do here, ultimately, is they're trying to test folks to see if anybody will push at them in their hopes that they can hopefully reverse case precedent and have a new ruling that says, no, you know what?

00:24:30.000 The court's now ruled in our favor and we can mandate gender-affirming care What they call it, which is actually body mutilation.

00:24:38.000 And they also want to establish that abortion, if Roe v. 0.60

00:24:42.000 Wade is overturned, which thank God it has been, it's not enough for them to say, okay, well, it goes back to the States.

00:24:48.000 What they're trying to do now is say, well, we're going to go around the law to ensure that at least in corporate America, we can have them by a stranglehold and ensure that abortions are still funded and that the industry is strong.

00:24:58.000 So this is them utilizing action out of the executive branch and out of a fourth branch of government, which is the unelected bureaucracy, in order to punish anybody that stands against the regime that is deeply held to their religious beliefs.

00:25:12.000 And we're caught in the crossfire here and we're taking a stand.

00:25:16.000 So, Michael, this is so instructive.

00:25:18.000 Can you also just educate our audience on why you guys at Public Square feel so convicted to do this because you represent a community of other businesses?

00:25:27.000 You are kind of the vanguard and the tip of the spear on behalf of...

00:25:32.000 I mean, I hate to say you're like the Chamber of Commerce, but this is what the Chamber of Commerce should be doing if it wasn't what it is now.

00:25:38.000 Can you talk about that?

00:25:39.000 Because you're a representative of over 800,000 vendors and businesses.

00:25:44.000 Yeah, we actually have a network of about 5 million consumers that are also often very active employees.

00:25:50.000 We have over 85,000 business vendors on Public Square alone that trust us to be their voice.

00:25:55.000 And you're right.

00:25:57.000 Entities like the Chamber of Commerce for a long time tried to tout themselves as the champion of small business, the champion of employers, and they were going to help businesses stand on sturdy footing and fight the battles of the time that were necessary to ensure their survival.

00:26:10.000 But the Chamber of Commerce now has become a globalist-run cesspool that is more beholden to K Street, Wall Street, and 1600 Pennsylvania Avenue rather than An entity that is championing their original charter.

00:26:22.000 They also are massively in favor of illegal immigration.

00:26:25.000 They're in favor of abortion.

00:26:27.000 And all of these practices harm the small businesses that we have really felt a calling to represent.

00:26:31.000 So number one, Charlie, is you're right.

00:26:33.000 We want to be a voice for small businesses that maybe don't have the manpower or they don't have the time to be able to fight these legislative battles or these judicial battles that can hopefully secure their freedoms in the long term.

00:26:44.000 The other reason we do this is because Over 67% of our ownership in our company, even as a publicly traded company, is actually held by Christians. 0.98

00:26:56.000 Over 67% of voting rights at our company is represented by deeply devoted people of faith that would declare that Jesus Christ is their Lord and Savior.

00:27:05.000 And when they invest in our company, they hope that we will fight the battles.

00:27:10.000 They hope that we will take a stand to ensure that we as a company are not funding healthcare plans That actually act completely antithetically to our values.

00:27:19.000 And so we're doing this not just for our merchants and for our consumers that trust us to be their voice.

00:27:24.000 We're also doing this for the investors.

00:27:25.000 And the final thing I'll say, Charlie, we're doing this because I couldn't sleep at night if we didn't.

00:27:29.000 From the beginning of our company, we named it Public Square.

00:27:32.000 Because when Jesus is talking to Simon Peter in Matthew 15, and he's looking at this rock in Israel, and he's pointing to it, and there's a gate at the bottom of the rock, a big cavern, and they used to call that Hades.

00:27:46.000 And Jesus said, Simon Peter, on this rock, I will build my ecclesia.

00:27:51.000 That's what he said.

00:27:52.000 And that word in Greek, ekklesia, we've sort of thought of as the church.

00:27:55.000 But if you actually translate that to a modern translation, the closest mirroring of that word actually means the public square.

00:28:02.000 When Jesus was looking at Peter, he says, on this rock, I will build my public square.

00:28:07.000 It means not just four walls of a church.

00:28:09.000 It means that your faith conviction should go out everywhere in society and should impact your business, the way you employ people, the way you serve your customers and your merchants.

00:28:17.000 And so for us, Charlie, we have to do this because it is honoring the original convictions that built our business, that named it Public Square in the first place.

00:28:25.000 And I need to know for the future of our economy, with blessed assurance, that employers like me, and there are millions of them, are not going to be forced to violate our convictions in order to produce a healthy business.

00:28:39.000 Hey everybody, Charlie Kirk here.

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00:29:40.000 So, Michael, I want you to comment on what Kamala Harris' specific proposal on taxing unrealized gains would mean for your company and for the vendors you work with.

00:29:51.000 Explain it to someone who is not in the weeds of startups, businesses.

00:29:55.000 What would that mean for the economy in general and for your incredibly important venture?

00:30:01.000 Well, it's wild we're even having this conversation, Charlie, because never in a million years did I think I would live to see the day where a candidate would be so openly communist that they would even debate throwing out a proposal like this and saying it publicly.

00:30:17.000 We've known that they say this behind closed doors, but we never thought that they would actually say this publicly.

00:30:21.000 Taxing unrealized gains, meaning you're taking money from people who have not yet earned the gain to tax, is one of the wildest things that would ever happen to our economy, both on an institutional macro level as well as a small business or in a venture environment.

00:30:39.000 So practically what this looks like is when you own stock or you own an asset, You're taxed on the gain of that asset when you realize the gain.

00:30:48.000 Meaning, let's say I bought stock today in any company.

00:30:52.000 I bought it in Public Square.

00:30:53.000 Let's say I bought stock in my own company today in Public Square.

00:30:56.000 And let's say that that stock was worth $100 when I bought it.

00:31:00.000 Traditionally, the way this works in our economy is that when that stock goes up to $200, if I didn't sell anything, I don't have any money out.

00:31:09.000 I'm not in the money.

00:31:10.000 I didn't have any gains.

00:31:12.000 They're unrealized.

00:31:13.000 They're not real.

00:31:14.000 It's fake.

00:31:15.000 Nothing actually changed about my economic situation other than on paper, the value of my asset has theoretically appreciated.

00:31:23.000 But the way our tax system works is that when I sell that asset, I'm taxed on essentially the delta between what I bought it for and where I sold it.

00:31:34.000 The gain is tax.

00:31:35.000 So if I bought stock in any company my own at $100 and it appreciated to $200, then I pay taxes on those gains when I sell.

00:31:44.000 The problem with taxing unrealized gains is that if my stock or my value of my assets, if my house, if my business appreciates in value and I get taxed on the appreciation of the value, even if I haven't sold any of the assets to be able to pay for the taxes, how exactly am I going to pay taxes?

00:32:04.000 I haven't actually earned any additional income that I could utilize to pay my taxes.

00:32:10.000 This is the most disincentivizing structure to propose for taxes because it is the most blatant form of harming growth.

00:32:19.000 So let's say I'm a company now.

00:32:20.000 I'm a small business and I'm trying to appreciate my business in value.

00:32:23.000 And let's say my business is currently worth $10 million and I hope it'll be worth $100 million.

00:32:27.000 And a lot of my ownership in my entire life is tied up in the asset of my business.

00:32:32.000 When I have a new valuation, a 409A, and I have a new funding round that suggests that I am now worth more theoretically on paper because the value of my business went up, even if my business is private, the Biden administration, Kamala's administration, is proposing taxing me on the increase of that value even though I don't actually have any additional capital to be able to pay off those taxes.

00:32:54.000 Michael, what would that mean for the creators and the entrepreneurs that you deal with on a daily basis?

00:32:58.000 You'd kill the entire world of entrepreneurship.

00:33:00.000 There'd be no reason to do it anymore because I'd be punished as I grow, even if I haven't been able to take the fruits of my labor.

00:33:07.000 Traditionally, and I'm four years into our startup environment, and thank God we've had a lot of success and I'm so grateful for it.

00:33:13.000 But I'm not rich.

00:33:14.000 I haven't pulled any cash out.

00:33:16.000 I've never sold a penny of our own stock.

00:33:18.000 And so if you take an entrepreneurial journey like me, you might look at me and say, well, you're the CEO of a publicly traded company in the New York Stock Exchange.

00:33:25.000 I bet you're sitting fat and pretty. 1.00

00:33:27.000 It's not true.

00:33:28.000 I have not taken a single penny off the table out of our company in stock, but our stock has sure appreciated a lot in value in the last four years.

00:33:36.000 So if I'm an entrepreneur trying to grow my business and I get penalized as the growth of my business projects forward, even though I haven't taken any winnings, what incentive is there for me to even keep building anymore?

00:33:45.000 I won't literally be able to.

00:33:47.000 So for the millions of entrepreneurs in our country, of 30 million small businesses and sole proprietorships in the United States, Charlie, for those 30 million folks that are out there that are trying to do their best to grow their businesses and are not taking winnings along the way, they're waiting for a much more grander payday years down the road.

00:34:04.000 All of a sudden, that entire system becomes essentially imploded overnight with a proposal of attacks on unrealized gains.

00:34:11.000 It's absolutely absurd on its face.

00:34:13.000 Michael, I'm going to clip this and send it out.

00:34:16.000 It was a great, great analysis.

00:34:17.000 And this is not political, everybody, but it's just very simple.

00:34:20.000 Kamala Harris will destroy the American entrepreneur. 1.00

00:34:22.000 That is in her proposal.

00:34:24.000 And you have no Public Square, these great companies that we like, Patriot Mobile, it would be destroyed.

00:34:30.000 And that is the agenda of the Marxist Kamala Harris.

00:34:32.000 Thank you so much, Michael Seifert.

00:34:33.000 Great work.

00:34:34.000 Check out publicsquare.com.

00:34:35.000 That is publicsquare.com.

00:34:36.000 Everyone check it out and support it.

00:34:38.000 Michael, we're behind you 100%.

00:34:39.000 Thank you.

00:34:40.000 Good to see you, Charlie.

00:34:41.000 Thanks so much for listening, everybody.

00:34:42.000 Email us, as always, freedom at charliekirk.com.

00:34:45.000 Thanks so much for listening, and God bless.

The Charlie Kirk Show - October 18, 2024

Kamala's Fox Flamout?

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