The Charlie Kirk Show - August 06, 2026


The Burrito Question ft. Treasury Secretary Scott Bessent


Episode Stats


Length

1 hour and 20 minutes

Words per minute

175.31

Word count

14,083

Sentence count

1,145

Harmful content

Misogyny

5

sentences flagged

Toxicity

20

sentences flagged

Hate speech

132

sentences flagged


Transcript

Transcripts from "The Charlie Kirk Show" are sourced from the Knowledge Fight Interactive Search Tool. Explore them interactively here.
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:03.000 My name is Charlie Kirk.
00:00:05.000 I run the largest pro American student organization in the country fighting for the future of our republic.
00:00:11.000 My call is to fight evil and to proclaim truth.
00:00:14.000 If the most important thing for you is just feeling good, you're going to end up miserable.
00:00:19.000 But if the most important thing is doing good, you will end up purposeful.
00:00:24.000 College is a scam, everybody.
00:00:26.000 You got to stop sending your kids to college.
00:00:27.000 You should get married as young as possible and have as many kids as possible.
00:00:31.000 Go start a Turning Point USA college chapter.
00:00:33.000 Go start a turning point with a high school chapter.
00:00:35.000 Go find out how your church can get involved.
00:00:37.000 Sign up and become an activist.
00:00:39.000 I gave my life to the Lord in fifth grade.
00:00:41.000 Most important decision I ever made in my life, and I encourage you to do the same.
00:00:45.000 Here I am.
00:00:46.000 Lord, use me.
00:00:48.000 Buckle up, everybody.
00:00:49.000 Here we go.
00:00:58.000 Noble Gold Investments is the official gold sponsor of the Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals.
00:01:08.000 Learn how you could protect your wealth with Noble Gold Investments at NobleGoldInvestments.com.
00:01:14.000 That is NobleGoldInvestments.com.
00:01:16.000 It's where I buy all of my gold.
00:01:18.000 Go to NobleGoldInvestments.com.
00:01:23.000 All right.
00:01:24.000 Welcome, everybody.
00:01:24.000 We are here on set in Phoenix, Arizona at the YRefi Studios.
00:01:28.000 Welcome to you from Sea to Shining Sea.
00:01:31.000 Honored to be with you today.
00:01:33.000 We're going to have a very econ heavy show because that is the current discussion.
00:01:38.000 Actually, it was going to happen anyway.
00:01:40.000 And then it became the discussion, which is a sign that fortune favors us right now.
00:01:46.000 Fortune favors the bold and the burrito.
00:01:49.000 I will tell you.
00:01:50.000 So here's our show.
00:01:52.000 Let me just lay it out for you.
00:01:53.000 We've got a couple open segments here.
00:01:56.000 We're going to bring you up to speed on the great burrito debate of 2026.
00:02:00.000 It's going to be fun. 0.81
00:02:01.000 Then we've got A Hillsdale professor who is an economist, and we're going to be talking about capitalism.
00:02:06.000 And then we've got Secretary Scott Besant in studio here in Phoenix, Arizona.
00:02:11.000 So we're excited about that.
00:02:12.000 We're going to be talking about affordability and young people and economic literacy, so many things.
00:02:17.000 And then we've got Nate Friedman.
00:02:18.000 He's been doing great work documenting the Islamification of places like Michigan and the Bronx in New York.
00:02:25.000 So we're going to have a fun conversation about that. 1.00
00:02:27.000 I don't know if fun is the right word.
00:02:29.000 But let us get started on the great burrito debate of 2026.
00:02:33.000 Now, what Do I mean if you are not logged on to X or other social platforms, you might not know what I mean?
00:02:39.000 We are having a discussion about $20 burritos.
00:02:42.000 Is it true?
00:02:43.000 Are they really costing $20?
00:02:45.000 Are they much less?
00:02:46.000 Should kids learn to cook at home? 0.99
00:02:48.000 Are Gen Z a bunch of entitled brats? 0.92
00:02:50.000 And yeah, there's the tweet that accidentally kicked it all off from yours truly. 1.00
00:02:55.000 It said, So Matt Walsh was going on grocery prices are insane, they're still rising. 0.98
00:03:00.000 Addressing this problem should be the number one priority of every elected leader and the stupid foreign wars and focus on this issue. 0.98
00:03:05.000 It's one of the main reasons socialists are gaining power. 0.89
00:03:08.000 And I replied, one of our TPUSA college students gave me his take on affordability.
00:03:13.000 A burrito shouldn't cost 20 bucks.
00:03:16.000 Yeah, a lot of this is a hangover from COVID and Biden era inflation, but the lived experience is the same.
00:03:23.000 It just feels like basic things cost too much.
00:03:25.000 So before we get too far down the road here, I want to ask and invite this audience.
00:03:30.000 I want to know what you think because the reactions have been all across the board.
00:03:35.000 And actually, I would say many of them have truth.
00:03:37.000 So send us an email, freedom at charliekirk.com.
00:03:39.000 We're going to be reading them in the next segment.
00:03:41.000 Or maybe if Blake gets them right now, freedom at charliekirk.com.
00:03:44.000 What is your take on the $20 burrito?
00:03:47.000 Because we should get into this because the reaction is very mixed.
00:03:51.000 Because people, of course, if they say a burrito can cost $20, they're talking about fast food or even like a chipotle.
00:03:58.000 Chipotle or above.
00:03:59.000 Casual dining.
00:04:00.000 Casual dining.
00:04:01.000 Or if Chipotle is going to cost $20, it probably means they door dashed it.
00:04:04.000 So they're paying a delivery for it.
00:04:05.000 Or you get like some guac on the side.
00:04:07.000 Exactly.
00:04:08.000 Give them a tip, which Blake is anti tipping at Chipotle.
00:04:11.000 You can tip at Chipotle?
00:04:12.000 Yeah.
00:04:12.000 We'll get into that later.
00:04:13.000 But.
00:04:14.000 So, the kind of natural debate that's unfolded here is a lot of people have raised their eyebrow and say, if you feel like you can't afford a burrito at Chipotle, you probably should not be eating out and you can save a lot of money by eating at home more.
00:04:29.000 And it's true.
00:04:29.000 People eat out a lot more now than they did 10 years ago, than they did when I was a kid, certainly than they did 50 years ago.
00:04:36.000 And if you feel like you're falling behind, that could be a part of it.
00:04:40.000 But the counterpoint is a lot of people have said, oh, if you're going to lecture young people that they shouldn't buy so many burritos, It's like a revival of the avocado toast attack on millennials from about 15 years ago.
00:04:53.000 And you can kind of go either way on it, really.
00:04:55.000 No, exactly.
00:04:56.000 So, multiple things can be true, which is a tough thing to get across on social media.
00:05:02.000 Should young people be thrifty, especially when you're in college?
00:05:04.000 Absolutely.
00:05:05.000 You should be.
00:05:05.000 I mean, when I was in college, I held down a part time job.
00:05:08.000 Most of my friends did as well.
00:05:10.000 We would eat anything free we could get our hands on leftover pizzas, half a burrito that somebody else didn't eat, anything.
00:05:18.000 If a family was willing to have us over for dinner, we would go there.
00:05:21.000 If there was a barbecue or an event that included free food, we were much more likely to go do that.
00:05:26.000 You should do those things.
00:05:27.000 As a college student, but I personally didn't cook much at all in college, so that's another question.
00:05:32.000 Did you cook in college?
00:05:34.000 I didn't have a kitchen to cook in, I lived in the dorms the year first year, and I yeah, I had a meal plan.
00:05:39.000 Those, by the way, have become such a racket.
00:05:41.000 The meal plans, oh, totally, I've been inundated by uh emails and direct messages, people saying the meal plans are obscenity.
00:05:48.000 That's part of what goes into this is that okay, your college meal plan is a scam.
00:05:52.000 Is that a scam coming from capitalism?
00:05:55.000 Is that a scam coming from the free market?
00:05:57.000 No, it's we have a cartel, the college system.
00:06:00.000 That is endlessly subsidized by our government through student loans and a million other things.
00:06:04.000 And then on top of that, they get you in and then they trap you in their cartel.
00:06:09.000 Oh, well, you're going here, so you're required to buy our meal plan.
00:06:11.000 When I was at the school I went to, they not only.
00:06:15.000 Pornell.
00:06:16.000 Whatever.
00:06:17.000 No.
00:06:18.000 So they not only required you to be on the meal plan, but there was an aspect of it at the time where they would require you to have so much free float money.
00:06:25.000 And if you didn't spend all of that money by the end of the term, they just confiscated it.
00:06:28.000 They just emptied, drained your account and took it.
00:06:30.000 They wouldn't roll it over the next time.
00:06:32.000 Absolutely.
00:06:34.000 So many schools are like that.
00:06:35.000 This is taking over social media.
00:06:36.000 I've had like 20 people be like, only thing on my feed right now is burritos.
00:06:40.000 And I apologize, but I'm not sorry, if that makes sense.
00:06:43.000 All right.
00:06:43.000 I think this is really interesting, though.
00:06:45.000 This is Chef Andrew Grohl, who is a friend and he's a restaurateur in Los Angeles.
00:06:50.000 He said, the funniest thing about, by the way, it's 217.
00:06:54.000 The funniest thing about the burrito debate is no one is getting rich off an $18 burrito.
00:06:58.000 As a restaurant owner, I can tell you this nobody wants to charge $18 for a burrito.
00:07:02.000 We'd much rather sell a $12 burrito and have you come back twice a week.
00:07:06.000 The problem is the cost of running a restaurant has skyrocketed.
00:07:09.000 That part was cut off.
00:07:11.000 And he's got a little meme there the great burrito debate of 2026.
00:07:16.000 And then people are going around showing.
00:07:19.000 So then I should add this.
00:07:21.000 Immediately, Joel Berry, who I believe is formerly of the Babylon Bee, and now he's working with Jeremy Boring, formerly of the Daily Wire on his new show, he basically said, I can feed my family of, I believe, did he say eight?
00:07:35.000 Or six?
00:07:36.000 I don't know.
00:07:37.000 He's got a big family.
00:07:38.000 He's been prosperous, fruitful, and multiplied.
00:07:40.000 He's got a big family.
00:07:41.000 He said he can feed his family on $20 a night if you just shop out.
00:07:45.000 And there's people that are making that point too, which I think is valid.
00:07:48.000 219 is an example of this. 0.99
00:07:50.000 It goes, Due to the stupid burrito debate, not sorry. 0.99
00:07:54.000 I made my 11 year old daughter see if she could feed our family a five burrito of five burritos for dinner for $20 or less. 1.00
00:08:00.000 I believe she nailed it. 1.00
00:08:01.000 Please vote her in the upcoming midterms.
00:08:04.000 So I went to HEB.
00:08:06.000 Bought a bunch of iceberg lettuce, bought some ground beef, 1830.
00:08:10.000 Okay.
00:08:11.000 So, yes, you can.
00:08:12.000 So, again, two things can be true at once.
00:08:15.000 Young people should not be living beyond their means. 0.99
00:08:17.000 They should be being frugal. 1.00
00:08:19.000 And that's a really good thing.
00:08:20.000 To learn and to live within your means is a huge, hugely important thing.
00:08:24.000 But what can also be true is that burritos are more expensive than they were just a few years ago.
00:08:30.000 And that's okay to admit, too.
00:08:31.000 And I think that is deeper in this conversation and it needs to be made that it is politically unwise.
00:08:40.000 Let's just say that.
00:08:41.000 To walk around and do the Joe Biden thing and say, prices are fine.
00:08:45.000 The economy is great.
00:08:46.000 What you feel and what you've lived and your lived experience is not real.
00:08:50.000 Everything is great.
00:08:52.000 That is not true for a lot of people.
00:08:54.000 And a lot of people have pointed to what we call the K shaped economy, where the top are expanding and the bottom are also expanding.
00:09:01.000 So the top's getting bigger and the bottom's getting bigger, and the middle class is getting hollowed out. 0.90
00:09:05.000 And this is one of the phenomenons behind it.
00:09:07.000 Well, it's why I miss Charlie, to be honest.
00:09:09.000 So, for example, Dan Crenshaw had a tweet the other day taking part of this where he's like, just hearing about this dumb $20 burrito debate, so I thought I'd make the losers on social media angry before bed.
00:09:19.000 Stop whining, get a job, eat Raymond like the rest of us did in college on a budget with four roommates. 0.95
00:09:24.000 And.
00:09:25.000 I think Charlie was better where Charlie would actually approach this and he'd be able to say things are tougher.
00:09:30.000 There is a lot of scams targeting you, but it is also possible for you to overcome those things by, for example, saving money and being frugal.
00:09:39.000 And you can overcome them the same way George Washington overcame the British.
00:09:42.000 He was very good at navigating that. 0.86
00:09:44.000 Of course.
00:09:44.000 He's the best at it.
00:09:45.000 That's a challenge that the right has to do.
00:09:47.000 We can't have these Crenshaw smug lectures.
00:09:49.000 I agree.
00:09:50.000 And we'll get into it.
00:09:51.000 We got a ton of emails flowing in.
00:09:52.000 So thank you for that.
00:09:53.000 All right, Blake, let's get to the emails here.
00:09:55.000 Yeah.
00:09:55.000 I just want to ask you.
00:09:56.000 What are people thinking?
00:09:57.000 Are we being.
00:09:58.000 Are these kids a bunch of brass?
00:09:59.000 It's a big spectrum.
00:10:00.000 It's a big spectrum.
00:10:00.000 So, for example, Barry first, I think this is a very classic conservative position.
00:10:04.000 He says it's simple.
00:10:06.000 A burrito should cost what the customer is willing to pay for the burrito.
00:10:11.000 It's a self fixing problem.
00:10:12.000 I think that's a very traditional view and a very reasonable one.
00:10:16.000 Matt says we have five kids.
00:10:19.000 Groceries are unaffordable.
00:10:21.000 I am a Trump guy, but he is not turning this around.
00:10:24.000 Doesn't matter how often he brags about eggs.
00:10:26.000 Well, we'll see.
00:10:27.000 We'll see. 0.76
00:10:27.000 We're having Secretary Besant on. 0.76
00:10:29.000 I think he might.
00:10:30.000 Have something to say with that.
00:10:32.000 Jacqueline says, I would pay $20 for a burrito if it meant the steak is grass fed and there's no GMOs.
00:10:37.000 I order from Chipotle once a week.
00:10:41.000 If I don't deliver, then I will walk to it to justify eating out.
00:10:44.000 A $20 burrito is worth it. 1.00
00:10:48.000 But she does have a pretty decent household income, it looks like.
00:10:51.000 Jeff says, a $20 burrito doesn't bother any elected official because they are all worth $50 or $60 million.
00:10:58.000 Remember Nancy Pelosi with her $20,000 freezers to keep her Ben and Jerry's ice cream.
00:11:03.000 I don't remember that.
00:11:04.000 I've got to go look that up now.
00:11:05.000 That sounds incredible.
00:11:07.000 Mick says, I need to lay off the burritos.
00:11:10.000 Yeah, that freshman 15, by the way.
00:11:12.000 We haven't talked about that.
00:11:13.000 And G. Corey says, this is not a binary discussion.
00:11:16.000 The economy needs to improve in meaningful daily ways like rent, energy, groceries, and yes, burritos.
00:11:22.000 It's not just the stock market and company earnings.
00:11:24.000 That being said, people need to get smarter and more disciplined on how they spend their dollars while also getting knowledgeable and engaged in policies, not only in tough times, but in good times as well.
00:11:35.000 I think you and I would both basically agree with that.
00:11:38.000 I agree with all of this.
00:11:39.000 My main point in wading into this debate was that I think it's political malfeasance to ignore the fact that things are expensive.
00:11:47.000 Now, why are things more expensive, Blake?
00:11:50.000 This is the critical piece of this conversation.
00:11:54.000 We printed trillions of dollars during COVID, there were massive supply chains disrupted.
00:12:00.000 There was a lot of disruption to the normal way things were shipped and moved about internationally, both domestically and internationally.
00:12:08.000 And when you print money, The basics of economics are there are more dollars chasing fewer goods because the goods did not keep up with the dollars, especially during COVID.
00:12:17.000 So maybe it felt good to have that momentary check come in the mail.
00:12:21.000 But guess what happened?
00:12:22.000 That wealth ended up funneling up to the top percentiles of the economy.
00:12:28.000 Why?
00:12:28.000 Because they own assets that inflate when inflation happens.
00:12:31.000 They own homes that get more expensive.
00:12:32.000 They own stocks that rise in value.
00:12:34.000 They own equities.
00:12:35.000 These kind of things get more expensive.
00:12:36.000 Now, if you don't have any of those things and you want to get into those things, guess what?
00:12:41.000 They just got harder to get into.
00:12:42.000 Okay, so if you're a working class person, if you're a young student at Turning Point and you're like, I want to own a home one day, well, a $500,000 home just became worth a million.
00:12:51.000 So now your payment just doubled.
00:12:53.000 Plus, interest rates went up to counter the inflation.
00:12:56.000 Inflation hurts people who are most reliant on cash the most salary workers.
00:13:01.000 People who are salary workers, people who are keeping their savings primarily just in cash, which you shouldn't do, by the way.
00:13:07.000 Any one of you can buy stocks these days, but or whatever equities you want.
00:13:12.000 I've got another email here from Jenny Lee. 0.94
00:13:14.000 This is silly. 0.95
00:13:15.000 You suffer when you're young and you save. 0.82
00:13:17.000 If the economy is bad, you cut back.
00:13:20.000 You eat baloney and you save.
00:13:21.000 You don't keep buying Starbucks and $20 burritos and have your meals delivered.
00:13:26.000 You don't build wealth if you spend every penny you make.
00:13:30.000 We all did it.
00:13:31.000 We did it for years.
00:13:33.000 I taught school for 35 years and took my lunch in every day.
00:13:36.000 The biggest help was, she says, Greg Ramsey, but I assume she means Dave Ramsey.
00:13:41.000 You find him, listen to him, believe him, and do what he says.
00:13:44.000 And I think.
00:13:46.000 It is worth emphasizing that point that we should listen if people say it feels like everything's more expensive because they probably didn't get that idea out of nowhere.
00:13:55.000 But as conservatives, we also have to tell people you are capable of overcoming this, you are capable of defeating this.
00:14:03.000 It is actually very possible to get ahead in America if you have better habits and better discipline than a lot of the people around you.
00:14:12.000 I totally agree.
00:14:13.000 Let's give you a case in point here because.
00:14:17.000 This is a burrito, apparently, for a burrito menu from Chipotle in 2012 in Los Angeles, allegedly.
00:14:24.000 All right.
00:14:24.000 So the chicken burrito was $625.
00:14:26.000 This is image 229, by the way.
00:14:29.000 Chicken was $625.
00:14:30.000 Steak was $670.
00:14:32.000 Barbacoa, $670.
00:14:33.000 Carnitas, $670.
00:14:34.000 Vegetarian, $625.
00:14:35.000 Kind of getting ripped off if you're a vegetarian, by the way.
00:14:38.000 Now, here's one.
00:14:40.000 Here's one from online at image 230.
00:14:44.000 So a Carnitas burrito is now $1,140.
00:14:46.000 So, it's not 20 bucks, but it's 1140.
00:14:49.000 This is pre tax.
00:14:50.000 But if you get chips or chips and guac, that's $2.20 more or $5.15.
00:14:55.000 Heaven forbid you get the Mexican Coca Cola, that's $3.75.
00:14:59.000 So, you could easily see how if you got an $11.40 burrito, chips and guac, $5.15, then you're at about 17, 18 bucks plus tax and tip.
00:15:10.000 You're over 20 bucks.
00:15:11.000 Okay.
00:15:11.000 If you tip at Chipotle, well, a lot of people do, Blake.
00:15:15.000 A lot of people do.
00:15:16.000 So, and there's other people that have been trying this and going out and finding out.
00:15:20.000 Yeah.
00:15:20.000 As a matter of fact, I went and got a burrito.
00:15:22.000 By the way, there was a salmonella outbreak that affected Qdoba and Chipotle yesterday, which is ironic, I would say.
00:15:31.000 But yeah, so here it is.
00:15:33.000 John Levine, who does he work at the Free Beacon, I believe now?
00:15:39.000 Possibly.
00:15:40.000 But he said, I remember on Fox Business once, maybe two years ago, I said I spent $20 for a Chipotle burrito bowl in New York City.
00:15:45.000 The host all but called me a liar on air.
00:15:47.000 I later confronted him with a receipt at the 1211 Sixth Avenue Gym, and he apologized to me, but not on air.
00:15:53.000 So, like, people are paying $20 for a burrito.
00:15:56.000 We know that they're out there.
00:15:57.000 Are there cheaper burritos?
00:15:58.000 Like, yeah, there are.
00:15:59.000 Should you buy those if you're a little bit poorer?
00:16:02.000 Absolutely.
00:16:02.000 Should you cook at home?
00:16:03.000 Yes, absolutely.
00:16:05.000 But it doesn't negate the fact that things are still expensive, that it's not necessarily President Trump's fault.
00:16:11.000 Yeah, there has been a supply shock on energy because of the Iran war.
00:16:14.000 And ultimately, that's what this is all about, by the way.
00:16:16.000 It's all a big proxy discussion about was the Iran war worth it or not.
00:16:21.000 But yeah, there are things that are.
00:16:24.000 Headwinds in the economy, but we also have tailwinds.
00:16:26.000 And we're going to talk about those some with Secretary Besant.
00:16:29.000 In the next segment, though, we're going to take, we're going to zoom out.
00:16:33.000 We're going to zoom out a little bit and we're going to talk about a defense of capitalism because none of this is doomerism from us.
00:16:40.000 None of this is saying that we should throw out a capitalist system and free markets at all.
00:16:45.000 As a matter of fact, that would be the wrong way to go here.
00:16:48.000 And that's what we're seeing with the rise of DSA and these commies and these socialists that want to seize the means of production.
00:16:53.000 They're only going to ruin everything, they're going to make things more expensive.
00:16:56.000 We'll talk about that next.
00:17:00.000 I had the honor of a lifetime to call Charlie a friend.
00:17:05.000 And what I remember most wasn't just what people saw on stage, it was what was behind the scenes.
00:17:11.000 That was an unwavering commitment to his faith, his love for his family, and his genuine desire to encourage others to live with courage and conviction.
00:17:20.000 Charlie believed that following Christ wasn't something you compartmentalize.
00:17:24.000 He didn't put it in a box, he lived it out loud.
00:17:27.000 It shaped how he lived, how he served, how he treated people every single day.
00:17:31.000 Charlie Kirk, American Martyr, captures that heart.
00:17:34.000 This documentary isn't just simply about remembering Charlie, it's an invitation for each of us to ask what kind of legacy we're building.
00:17:42.000 And whether we're willing to stand firm in our own faith when it's tested.
00:17:46.000 I hope that you'll watch it with your family and have those conversations together.
00:17:50.000 Go to angel.comslash Kirk.
00:17:52.000 That's angel.comslash Kirk.
00:17:55.000 Become an Angel Guild member.
00:17:56.000 Watch Charlie Kirk, American Martyr, and help bring more stories of faith, courage, and conviction to audiences around the world.
00:18:07.000 Without further ado, we have Dr. Charles N. Steele.
00:18:09.000 He's the director for the Center for Commerce and Freedom at Hillsdale College.
00:18:13.000 He's an associate professor of economics.
00:18:16.000 And we figured this would be the best time to have you on, Professor, because we have this insidious rise of Democrat socialism where they legitimately want to seize the means of production. 0.64
00:18:27.000 We got the Pierre de Terre tax, or however you say it, in New York with Mamdani, and they're coming after capitalists.
00:18:33.000 They're coming after the producers, the people that have built businesses, and it's scary for a lot of people.
00:18:40.000 So, at a very basic level, Professor, why is capitalism the economic system that you believe is the best for America, for the world, for the West?
00:18:50.000 The floor is yours.
00:18:51.000 Thank you.
00:18:52.000 I'm very happy to be here.
00:18:53.000 You're right.
00:18:54.000 This is a great time to talk about capitalism, but it's always a great time to do that.
00:19:01.000 Why is capitalism the important system?
00:19:03.000 I'm actually writing a book on this right now, which is coming out next year.
00:19:08.000 It's the plan.
00:19:10.000 But I open the book by pointing out that the way that we live today is highly unusual for human beings.
00:19:16.000 It's something that's brand new in history, historically speaking.
00:19:20.000 For thousands of years, There was no development to speak of.
00:19:25.000 The way that we live today is unusual.
00:19:29.000 We are the most blessed people in the world that have ever walked the planet.
00:19:33.000 At the beginning of the 20th century, the population of the earth was about 1.7 billion at max.
00:19:44.000 And the average income was a couple thousand dollars.
00:19:50.000 It went up, the population went up, it quadrupled.
00:19:55.000 Under the influence of capitalism and average income per person in the world went up enormously.
00:20:01.000 It went up five to six times.
00:20:04.000 We are in a blessed time.
00:20:06.000 We have a system that does that, and there's no other system in history or conceivable that could ever do these sorts of things.
00:20:14.000 The thing that makes that important is not that we have more stuff either, it's that we have better lives in multiple ways.
00:20:21.000 I'm happy to talk about that.
00:20:24.000 It's something that people really do need today to understand.
00:20:28.000 They need to understand the basics of the system, how it works, and why it's important.
00:20:33.000 Yeah, Dr. Steele, it just got me thinking.
00:20:36.000 We've been discussing the first half of this show, a lot of people freaking out that, for example, it's more expensive to buy a burrito at their preferred place, or various things feel like they've gotten more costly.
00:20:49.000 And so this is a problem with our free market capitalist system, a lot of them believe.
00:20:53.000 And yet, if you zoom out, it's not ever socialism or communism that enabled you to have that in the first place.
00:21:00.000 A hundred years ago, nobody was getting a Burrito at a fast food place anywhere.
00:21:05.000 Now you can get them in any city in the United States.
00:21:08.000 And it's because of capitalism that made that possible in the first place, correct?
00:21:13.000 Oh, yes, you're quite right about that.
00:21:15.000 The way that we live today is truly astonishing.
00:21:20.000 I lived in the former Soviet Union and I spoke to my students.
00:21:23.000 I taught there, I taught economics.
00:21:25.000 I talked to my former students who had lived in the Soviet Union what life was like there.
00:21:33.000 And we were talking about something pretty mundane bananas.
00:21:36.000 Bananas turn out to be the most popular fruit in the United States.
00:21:40.000 And I had a banana.
00:21:42.000 I was in post Soviet Russia, and I bought a banana, and we were talking about it.
00:21:46.000 And they said, You know, we lived in Moscow.
00:21:48.000 You almost never saw a banana.
00:21:51.000 A banana was a rarity, it was an exotic luxury, and party officials could get them.
00:21:56.000 And my students came from pretty well connected families.
00:22:00.000 So once in a while, they would get them.
00:22:01.000 But something like a banana, something so prosaic, so basic as that, does not exist.
00:22:07.000 Outside of places where it grows or the capitalist world where we can, where we live honestly like kings compared to what kings used to do.
00:22:17.000 So, when we talk about this kind of current debate, there is an affordability issue that a lot of people are having, especially after COVID, right?
00:22:26.000 We printed all this money, we injected it into the economy, and you had inflation.
00:22:31.000 So, asset prices got higher.
00:22:33.000 It squeezed the middle class and the working class, hourly workers, salary workers in new ways.
00:22:38.000 When we talk about solutions, For this, right?
00:22:42.000 You have the DSA.
00:22:43.000 Mamdani's offering grocery stores, one in each of the five bureaus and boroughs, and he's going to make the prices 30% cheaper.
00:22:52.000 So, and it's kind of endemic of a larger issue is that many of our industries are not purely capitalist, right?
00:22:58.000 They are controlled.
00:23:00.000 There's price fixing, there's price gouging.
00:23:03.000 What is the solution if you had a, you know, could wave a wand and you could make the system better currently?
00:23:10.000 How do we get back to some more fundamentals in our economy?
00:23:15.000 It might help to talk about what capitalism really is because some people confuse capitalism with, say, the status quo that we have today.
00:23:24.000 We do have a capitalist system, but it is rather badly hampered by regulation, by interferences, by protectionism for businesses, things like this.
00:23:34.000 And those are the very kinds of things that destroy a capitalist system.
00:23:40.000 The history of capitalism is interesting because it was really a system that came about.
00:23:47.000 Late 1700s, early 1800s is when it really began to get going.
00:23:53.000 It was under the influence of people such as Adam Smith, his 1776 Wealth of Nations.
00:23:58.000 He was condemning the current economic system, which was the system of mercantilism.
00:24:05.000 Mercantilism is the system of special privileges for a few well connected businesses, and as he put it, extraordinary constraints on others.
00:24:15.000 And so it's rent seeking, it is government regulation and interference.
00:24:19.000 Those things were invented.
00:24:21.000 In the 1500s and 1600s.
00:24:23.000 That's the economics that capitalism got us out of by opening up markets, by opening up industries and things to anybody who wanted to come in and had an idea to entrepreneurship.
00:24:36.000 I think one of the things that is least understood, even by economists, about capitalism and about the importance of the market system is entrepreneurship.
00:24:46.000 And there are various theoretical reasons why economists have neglected this.
00:24:51.000 But it should be seen that entrepreneurship.
00:24:55.000 The potential for entrepreneurship opens economic activity to anybody in the economy, anyone in the economy, any person who comes up with an idea, has the freedom to try it.
00:25:08.000 And if it works, that's the thing that generates economic growth and it generates wealth.
00:25:14.000 If you get economic growth, you actually get reduced, not higher prices.
00:25:19.000 You get more and better things, not unaffordability.
00:25:25.000 And things like that.
00:25:25.000 A couple of the problems that we're facing with affordability I think affordability is kind of a mischaracterization.
00:25:34.000 It's just that we can't afford things that we want, and there are many different reasons for that.
00:25:39.000 Instead, we ought to be looking at what causes various kinds of price movements.
00:25:45.000 And one is, as you said, the increase of the money supply by the Federal Reserve.
00:25:50.000 I think it was a bad policy.
00:25:53.000 And increasing the money supply.
00:25:56.000 Ends up putting more money chasing the same amount of goods, or in the case of COVID, they lock down the economy, so even fewer goods, and prices go up in general.
00:26:07.000 But there are other problems, one of which you pointed out is the supply constraints, especially on oil, because the Iranians keep shutting down the Strait of Hormuz, and we have these kinds of problems.
00:26:21.000 Tariffs have contributed to that as well.
00:26:24.000 I think that's actually been a mistaken policy in most.
00:26:26.000 Most respects, depends on the case.
00:26:29.000 And some other kinds of things.
00:26:32.000 We have our agricultural policy has actually made it very difficult to be successful in beef farming.
00:26:43.000 Cattle stocks are way down, and it is difficult to get them back up under current agricultural policy.
00:26:53.000 At the same time, we're subsidizing corn and paying for Corn that probably isn't necessary.
00:26:58.000 And we've got people paying, producing one good when they ought to be doing the other because of these government interventions.
00:27:04.000 So all those things contribute to affordability problems.
00:27:10.000 But there are multiple different things going on there.
00:27:14.000 Professor?
00:27:16.000 I'm going to waive it and we're going to end the unnecessary regulation of the economy that comes from the administrative state.
00:27:25.000 That in itself, when Donald Trump In his first presidency, he did two things that really boosted the economy.
00:27:32.000 One was the tax cuts, but far more important was the cut in regulation.
00:27:38.000 And he's done that again.
00:27:39.000 That's the most important single thing you can do because it makes it possible to actually do business and to produce things instead of having cost pile up on cost and nothing getting done.
00:27:53.000 So I think that's interesting that you think cutting regulations.
00:27:58.000 Actually, did more to spur the economy in Trump 1.0 than cutting taxes.
00:28:03.000 I mean, I know it's important, but I find it interesting that you put it ahead of cutting taxes.
00:28:08.000 And some of these stories that you guys are sending us are actually really heart wrenching about what you're going through.
00:28:14.000 And I think that's really important because you are conservatives.
00:28:17.000 You probably love the president.
00:28:19.000 You support the agenda, and yet your lived experience is tough.
00:28:22.000 Yes.
00:28:23.000 So, yeah, we just got one from a woman here, and she's, I don't want to disclose her, but she's just saying that Biden inflation hit.
00:28:33.000 Our income was flat at the time, and our necessities increased by 40%, and they've never gone down.
00:28:38.000 Our mortgage went up because they had a variable rate mortgage.
00:28:41.000 They had a medical issue that caused bills.
00:28:43.000 And she's saying, we haven't had a Christmas or birthday since the pandemic.
00:28:47.000 We don't travel except for a wedding.
00:28:50.000 We have no streaming or cable.
00:28:51.000 We make our meals and never eat out.
00:28:53.000 Our only expense we didn't cut was our dog's food.
00:28:57.000 We have not lived like this since college.
00:29:00.000 And they say bluntly, I'll never vote for a communist or a socialist.
00:29:05.000 But I am, you know, let's see here.
00:29:09.000 Especially, I don't want to live like this for 20 more years.
00:29:12.000 And I don't think any of the six figure salary with a pension and free health care Republicans give a damn about anyone.
00:29:19.000 They think everything is great.
00:29:21.000 You had another one too.
00:29:22.000 It's a very tough one.
00:29:23.000 Yeah.
00:29:24.000 Some people are emailing us saying they're not celebrating Christmas and birthdays.
00:29:28.000 I mean, this is, you know, I mean, listen, we believe our ideas work and we're going to talk with Secretary Besson about how some of those ideas are actually already working and the media refuses to cover it.
00:29:41.000 But we also have to acknowledge the lived experience that people are going through.
00:29:44.000 Okay.
00:29:45.000 So, Professor, if I am Mamdani and I come in and we're talking about how government intervention so often ruins things, because this is a big DSA platform, we're going to give.
00:29:54.000 Free healthcare.
00:29:54.000 We're going to give free stuff.
00:29:56.000 It's called free stuff populism.
00:29:57.000 And we're going to give you grocery stores that are 30% cheaper.
00:30:01.000 What happens to me if I run a grocery store down the block and I have to pay normal price?
00:30:06.000 I'm not getting subsidized.
00:30:07.000 What happens long term effects in that economy?
00:30:09.000 I'm just curious your predictions here.
00:30:11.000 I want to say something.
00:30:14.000 It might sound a little off track, though it really isn't.
00:30:18.000 You read the letter from the woman who is hard times.
00:30:22.000 Look, the benefit of capitalism is not that it makes us wealthier fundamentally.
00:30:27.000 It makes us freer and it allows people to flourish.
00:30:31.000 There's so much more to life than physical wealth and money.
00:30:35.000 That's not what this is really about.
00:30:37.000 I emphasize that in the book that I'm writing.
00:30:40.000 Incidentally, I do have an online course with the Hillsdale.
00:30:44.000 Yes.
00:30:44.000 Somebody's interested in that.
00:30:45.000 But the so you asked this question.
00:30:50.000 In Venezuela, Hugo Chavez put price controls on groceries.
00:30:55.000 Then, when there were shortages, inevitable shortages in the supermarkets, He said they're not doing their duty, so they confiscated them.
00:31:03.000 That's how they nationalized them and took over the economy, basically communist.
00:31:08.000 Momdani's plan is a little bit different.
00:31:09.000 He has selected private operators who will be subsidized to cover those shortfalls in price.
00:31:16.000 So that will drive out the bodegas, the small moms and pops, the small entrepreneurs, and then maybe the bigger chains like Ristiti's and places like this.
00:31:26.000 It's a way of consolidating power.
00:31:28.000 It does not benefit the people.
00:31:31.000 Institutionalized as well, ultimately be low quality and shortages.
00:31:36.000 That's what I would think is going to happen.
00:31:38.000 I think the idea that they want to do that, Mom Dhani and others are trying here, is that they want to try this as kind of an experiment to see if they can't get it going in New York and then spread it around the country.
00:31:49.000 The DSA does intend to fundamentally change this country and make it a full, it's honestly, if you read their platform, a communist country, but the same kinds of things that were done in the Soviet Union.
00:32:03.000 I think that's a really good prediction, actually.
00:32:05.000 I think it's going to drive out a lot of the small competition around those stores.
00:32:10.000 First, that'll be the first domino to fall.
00:32:14.000 And then, but what about if I run a grocery store and I'm charging 30% more for the same good or a similar good?
00:32:21.000 Then why would anybody shop at my store?
00:32:23.000 So then you're going to have shortages because then you're going to be winnowing everybody down into these five little stores.
00:32:29.000 And eventually people are going to lose options.
00:32:32.000 Great businesses are going to go out.
00:32:33.000 Entrepreneurs are going to be driven out of the city.
00:32:36.000 And we don't know where this goes.
00:32:38.000 I mean, no, we know where it goes.
00:32:39.000 And you can back me up on this, Professor Steele.
00:32:41.000 Every time we've implemented this in communist or socialist countries, they'll implement policies that cause.
00:32:47.000 Shortages and drive out entrepreneurs, and then they'll blame the problem on wreckers.
00:32:53.000 They love that word wreckers, people just deliberately sabotaging the economy to be evil, and they use it to seize more control.
00:32:58.000 We've seen this play out repeatedly, have we not?
00:33:02.000 It is actually a strategy.
00:33:04.000 We've definitely seen that happen.
00:33:06.000 The one thing I will say, and it was true in the Soviet Union, but probably even more so in New York City, is that you also get a thriving black market, you get underground entrepreneurs who would rise up.
00:33:17.000 I think Americans.
00:33:18.000 Are much less susceptible to this kind of thing ultimately than Russian people were just because of our history and our background. 0.79
00:33:26.000 And we do still have this don't tread on me kind of concept built into our hearts.
00:33:32.000 And I hope we keep that.
00:33:34.000 Dr. Steele, and you mentioned, by the way, understanding capitalism is a free course that you teach.
00:33:41.000 You can get it at charlieforhillsdale.com.
00:33:43.000 So everybody should check this out, especially with the rise of DSA.
00:33:46.000 But we don't really have to look that far.
00:33:50.000 We don't have to go full Cuba or Soviet Union to really understand the pitfalls here.
00:33:54.000 Blake likes to point this out, and maybe in the last two minutes you can expound on it.
00:33:58.000 If you just look at the UK, for example, if you go back a few decades, they were basically on par with us when it came to per capita GDP, things like this, energy prices.
00:34:10.000 They have gone way down the path of stagnation and malaise, and now their average GDP per capita GDP is less than like Mississippi and Alabama.
00:34:20.000 So, some of our poorest states per capita are richer than the UK now.
00:34:25.000 What did they do wrong?
00:34:27.000 What can we look at Europe and kind of surmise about what we're doing right and what they're doing wrong?
00:34:31.000 Nationalization is one thing that they did of industries, heavy, heavy regulation, heavy, heavy handed labor laws that made it almost impossible to fire somebody who doesn't work.
00:34:45.000 And so that's been a huge problem.
00:34:48.000 And that means that you end up with very high unemployment because nobody wants to hire someone who's not going to work.
00:34:55.000 Every single country who's gone down the heavy regulation road has ended up this way.
00:35:01.000 Argentina used to be the rival for the highest growth rate of any economy in the New World, rivaled the United States.
00:35:12.000 And Argentina destroyed itself with Peronism and interventionism, which came more from the, arguably, from the right than the left.
00:35:19.000 But I think the right left distinction doesn't matter when you're putting regulations on the economy.
00:35:26.000 It's stagnation.
00:35:27.000 That's what you get.
00:35:28.000 I think that's so, it's such a good point.
00:35:30.000 Argentina is a cautionary tale because it was, you know, they called it the Paris of the Western Hemisphere, Buenos Aires, and just had massive, massive inflation issues and currency issues.
00:35:43.000 Professor Steele, this was excellent.
00:35:45.000 Thank you so much.
00:35:45.000 I think it's so important.
00:35:47.000 So it's fair to say the answer to the great burrito debate of 2026 is not I'm from the government and I'm here to help.
00:35:54.000 It's basically the government doesn't make burritos.
00:35:57.000 You're Americans.
00:35:58.000 Eat a hamburger.
00:36:00.000 That's the right answer.
00:36:02.000 Thank you, Dr. Steele.
00:36:03.000 We'll talk to you soon.
00:36:04.000 Secretary Scott Besant joins us in studio next.
00:36:10.000 If you could go back in time and buy oil before the world relied on it, would you?
00:36:14.000 Of course you would.
00:36:15.000 Anybody would.
00:36:16.000 So why aren't you buying silver right now?
00:36:18.000 The people who recognized oil early didn't just make money, they got ahead of one of the biggest economic shifts in history.
00:36:25.000 And today, a similar opportunity is unfolding with silver.
00:36:28.000 Silver is more than a precious metal, it's a critical resource used in solar panels, electric vehicles, defense systems, AI infrastructure, and the massive data centers.
00:36:37.000 Powering that digital world.
00:36:39.000 While demand keeps growing, it's still affordable enough that the average American can start accumulating it right now.
00:36:45.000 That's why investors are turning to silver to protect against inflation and to own one of the world's most important strategic resources.
00:36:52.000 Don't be the person who looks back in 10 years and says, I saw it coming, I just didn't act.
00:36:56.000 Visit noblegoldinvestments.comslash Kirk and learn how easy it is to own physical silver.
00:37:02.000 That's noblegoldinvestments.comslash Kirk.
00:37:05.000 Own the metal the future depends on.
00:37:10.000 We are joined by an absolute all star from the Trump administration.
00:37:14.000 And by the way, one of our students' absolute favorites.
00:37:17.000 I want you to know that, Secretary Besant.
00:37:19.000 You are, time and time again, we talk to the students, and it's always like JD, Marco, and Scott Besant.
00:37:26.000 Great.
00:37:26.000 Well, it's great, great to be here, Andrew.
00:37:28.000 Good to be with you and Blake.
00:37:29.000 And I'm looking forward to going over and seeing some of the turning point students after this.
00:37:34.000 Yeah, and we have a whole new crop of new hires in our field program that are, I mean, hundreds of them.
00:37:41.000 And I got to talk to them yesterday.
00:37:43.000 It that group of new hires that are going to be working with our students all across the country at high schools and colleges is larger than our first ever chapter leadership summit.
00:37:52.000 So it's just the growth is insane, and we're just we're grateful.
00:37:55.000 And, um, you know, we're trying to honor Charlie at every step we take and see through the vision that he had, which was I know you knew it very well.
00:38:05.000 Well, it's good to see this kind of engagement.
00:38:08.000 And, you know, Charlie's vision, you all know better than anyone, was an optimistic vision, it was an open minded vision.
00:38:15.000 Which is the opposite of what we're seeing in this political cycle with this hate, vile messages, and what we're seeing now.
00:38:25.000 I wish Charlie were here to debate some of these creeps who are poisoning the debate and our youth and indeed everybody.
00:38:38.000 Yeah, well, I completely agree.
00:38:40.000 And I think about that every day, literally every day.
00:38:43.000 I think let's start with that then, which is just there is a lot of negativity around.
00:38:48.000 There's a lot of Blackpilling, as we call it, from young people who say they're falling behind, there's no hope, they don't have the opportunity they used to.
00:38:58.000 Make the case.
00:38:59.000 Like, what has the administration been doing that actually is increasing opportunity for young people?
00:39:04.000 Why should they actually be feeling more hopeful?
00:39:06.000 Well, what we're not going to do with this administration is to do what the Biden administration did and tell people they don't know what they're feeling, especially young people.
00:39:15.000 Young people, like this generation, you know, came out of the blocks.
00:39:20.000 First, it was the Great financial crisis.
00:39:22.000 Maybe their folks were under pressure.
00:39:24.000 Maybe they lost their homes.
00:39:26.000 Then they came into COVID.
00:39:28.000 Then we had this terrible Biden inflation, the 21.5% cumulative inflation, probably higher for working Americans for groceries, insurance, auto payments.
00:39:40.000 So that might have been as high as 35.
00:39:43.000 And everything that this administration, led by President Trump, is doing, first, it's kind of like a medical procedure.
00:39:51.000 First, you got to stop the bleeding, which we did.
00:39:55.000 And now we are seeing the, we're able to turn the ship, and the U.S. economy is like an aircraft carrier.
00:40:03.000 It's not a PT boat.
00:40:05.000 And I and my team are in there every day, the whole administration.
00:40:10.000 And we're starting to see signs that things are turning.
00:40:14.000 We've seen that for working Americans, just like in President Trump's first term.
00:40:19.000 And what I will say is the reason people should be optimistic is this is not new for President Trump.
00:40:25.000 He did it in his first term.
00:40:27.000 He did in his first term.
00:40:29.000 And we're seeing exactly the same contours of that kind of recovery.
00:40:33.000 Now, the inflation hadn't been as bad, but we are seeing an acceleration.
00:40:38.000 The bottom 25% of wage earners made the 5.5% increase.
00:40:44.000 Inflation was growing.
00:40:45.000 You've got this graph.
00:40:46.000 You tweeted it out this morning, 215, if you could throw it up.
00:40:50.000 And please continue.
00:40:50.000 I didn't mean to cut you off there.
00:40:52.000 No.
00:40:52.000 And look, this was in response to some of the legacy media saying.
00:40:59.000 I'd been saying that the K economy is ending and it is the rate of change and 5.5% real wage growth or wage growth versus 3.5% inflation.
00:41:13.000 So you get 2%. 0.98
00:41:15.000 And 2% is not the be all and end all, but then you start accumulating that over time and we grow the economy because there are two ways to get out of this.
00:41:28.000 Morass that we're in.
00:41:30.000 One is to slow price increases, and we're doing that. 0.80
00:41:33.000 We've deregulated energy, we'll get to the other side of this Iran conflict. 0.65
00:41:39.000 Energy will come back down.
00:41:40.000 Core inflation is lower.
00:41:44.000 But the real way to prosperity is wage growth and job creation.
00:41:49.000 It's like President Trump says I could have created one, two million government jobs, but government jobs, they don't grow faster.
00:41:56.000 They're all indexed to the inflation rate.
00:41:59.000 So now that we've got Private sector jobs, we're seeing this manufacturing boom, and both in terms of factory construction, and we're seeing numbers like we haven't seen in 15 years.
00:42:12.000 So it's happening.
00:42:14.000 Would I like for it to happen faster?
00:42:16.000 Sure.
00:42:17.000 But I think the mindset can start changing that we have a nascent turnaround, and I think we can accelerate from here.
00:42:27.000 And immigration is obviously playing a key role in that, which is we had.
00:42:31.000 Who knows, 10 million plus people waved in by President Biden?
00:42:36.000 That's all going to be pressure on the wages of that 25th percentile that you're highlighting.
00:42:41.000 That's lower skilled work, younger workers.
00:42:43.000 And so it's not surprising.
00:42:45.000 We see their wages rising the most because if there's less competition there from people they let in from abroad, they're going to get higher wages.
00:42:52.000 And so, Blake, it wasn't just on wages.
00:42:55.000 And for years that we heard that somehow supply and demand, especially on the bottom end labor markets, oh, it doesn't matter.
00:43:03.000 Well, we got a real time experiment.
00:43:05.000 That's, you know, once again, you know, the smug elites proven wrong.
00:43:09.000 But the other thing that happened too was these communities, when you get, and, you know, we don't know what it was.
00:43:15.000 Was it 10, was it 15, was it 25 million illegals?
00:43:19.000 There's no new housing stock.
00:43:20.000 So, you know, you saw rents go through the roof.
00:43:24.000 And now the people don't want to admit it, but there are academic studies that show where ice goes, rents go down.
00:43:31.000 That's exactly right.
00:43:32.000 Rents go down.
00:43:33.000 So, Mr. Secretary, you know, we work with a lot of these students, we talk to a lot of them.
00:43:39.000 And something that I am becoming increasingly passionate about because I'm realizing it's a felt need is there's just a basic sort of economic illiteracy that is prevalent within younger generations.
00:43:50.000 I'm not blaming them.
00:43:51.000 It's actually our fault for not teaching them basic economics, supply and demand.
00:43:56.000 You know, I think about a conversation at CLS where one of the girls said, Well, I would love for, you know, the minimum wage to go up.
00:44:02.000 And I'm like, No, no, no, please.
00:44:05.000 So, what are we doing on that front?
00:44:07.000 I know this is a passion of yours too.
00:44:09.000 And how do we address it?
00:44:11.000 Well, there are a couple of things.
00:44:12.000 And, you know, obviously we've been deficient in civics and turning point.
00:44:17.000 You know, when I think of turning point, you know, I think of it as a civic engagement organization and, you know, Teaching the good lessons of civic responsibility and learning.
00:44:29.000 So, you know, we were deficient in that.
00:44:31.000 We were also really deficient on financial literacy.
00:44:37.000 When I think back, you know, I'm older than you, gentlemen, but back in the day, think of the term home economics.
00:44:47.000 It wasn't just a cooking class, it was to teach people how to run a budget, how do you
00:44:55.000 run your home, mortgage payments.
00:44:57.000 And I can tell you, like, You know, since I was a teenager in my 20s, that's all gotten so much more complicated.
00:45:05.000 Like, you know, buy now, pay later.
00:45:07.000 You know, some of these credit card traps.
00:45:09.000 Which is the best mortgage?
00:45:10.000 Is it better to, when you're a certain age, is it better to rent?
00:45:14.000 What's the best investment program for your retirement?
00:45:17.000 And I think we've got to lean into that.
00:45:19.000 That's why I, you know, it's for a different generation or for people who are just having children now, but that's why I'm excited about Trump accounts because I think that's going to be the ultimate real time learning experience.
00:45:31.000 38% of households.
00:45:32.000 Do not have exposure to our great equity markets.
00:45:36.000 And you'll understand they feel left out.
00:45:39.000 And I say it is fitting that every American has a piece of the action.
00:45:44.000 And that's an important part, whether it's seated with the $1,000 if you have a child born during President Trump's term, whether you open it for children and the contributions come from the family, from employers, from states,
00:46:00.000 from great philanthropists.
00:46:02.000 I think we're going to have a real time learning experience here because.
00:46:06.000 Totally agree.
00:46:09.000 Again, in these, you know, there are two ways there's to understand and budget properly, but then there's to grow your assets and to know how to do that in a safe, smart, and sound way.
00:46:22.000 And that's what this administration is trying to do.
00:46:25.000 I love that you brought up Trump accounts because, and Blake will attest, this was one of Charlie's passions.
00:46:30.000 He loved it so much.
00:46:31.000 Loved this.
00:46:31.000 I'm going to play this clip.
00:46:33.000 This is Charlie just when, I think this was during the.
00:46:37.000 Big beautiful bill, sort of debate.
00:46:40.000 This is SOT 10.
00:46:44.000 This could change the game and make people capitalists at age seven.
00:46:49.000 I could imagine a bunch of nine and 10 year olds being like, hey, our stock is up today.
00:46:54.000 By the way, if you win a spelling bee, they could be like, hey, I'm going to put 25 bucks into your Invest America account.
00:46:59.000 If you win a sports championship, it's a way where moms, dads, grandfathers, companies, employers, you can tokenize this where kids can actually then.
00:47:09.000 Save their entire childhood and have something to point forward to and be co owners in America, not just renters.
00:47:17.000 Sometimes you'll hear people complain that America has a trillionaire now.
00:47:20.000 And Elon Musk, and the reason we have a trillionaire is because he owns a big pile of equities in our stock market.
00:47:26.000 And he's innovative.
00:47:27.000 Same for Jensen Ricks.
00:47:28.000 All of our biggest billionaires, it's because they own a lot in our stock market.
00:47:31.000 And so we should send that message.
00:47:33.000 You too can own a piece of this from when you're born.
00:47:35.000 Well, and I love this because Charlie used to talk about the radical is if you want radicalized politics, get a nation of renters, have no skin in the game.
00:47:43.000 Yep.
00:47:43.000 And this is a way for young people to get skin in the game early.
00:47:46.000 And already we're seeing great adoption of the Trump accounts, right?
00:47:49.000 These are people are embracing this.
00:47:52.000 We've got 7 million signed up.
00:47:53.000 We're going to push it towards 70 million households who are eligible.
00:47:59.000 And we're seeing more than 90% of the households signing up make less than $200,000.
00:48:05.000 So these are likely people who don't already have a piece of the action.
00:48:09.000 And every American should.
00:48:11.000 And I couldn't agree more that when you own a piece of the pie, you don't want to throw it out the window.
00:48:17.000 That's right.
00:48:20.000 I also think that we saw.
00:48:22.000 In nutrition, we hear about food deserts.
00:48:26.000 That there are people who live in neighborhoods, whether urban or rural, that don't have access to fresh food, good food, well priced food.
00:48:35.000 I think that there were financial service deserts, and people didn't have the minimum amount.
00:48:43.000 The percent of families that don't have $500 to meet a medical emergency, they're not thinking about opening an online brokerage account.
00:48:50.000 But as you just said, for them, This is a new kind of savings vehicle.
00:48:57.000 It's not 3% interest at the bank.
00:48:59.000 It's for a birthday present, put in $20.
00:49:04.000 For graduation, family members, corporations can put in $100.
00:49:08.000 I think it's going to be a big enticement and new fringe benefit that everyone is going to, when you're thinking of going to work at a company, do you have a Trump account match?
00:49:21.000 Do you have a Trump account gifting program?
00:49:23.000 Because companies can put up to $2,500 in.
00:49:26.000 That's amazing.
00:49:27.000 And I so encourage if you're watching this, if you're seeing it on social media, do what Charlie was saying and tokenize it.
00:49:35.000 Make it a part of a family culture where you incentivize your children to, if they do certain things, that they will get a contribution.
00:49:42.000 And then they're going to be 18, 21 years old.
00:49:44.000 They're going to understand the way that compound interest works.
00:49:47.000 They're going to understand these basic principles.
00:49:49.000 So, Trumpaccounts.gov, go on.
00:49:51.000 Yes.
00:49:52.000 Do it today.
00:49:54.000 And the other thing, too, is at Treasury, we've done 15 learning modules.
00:49:59.000 Some of the modules are.
00:50:00.000 It's based for the children.
00:50:02.000 It's based on age, whether you're four, six, eight.
00:50:06.000 And then it's also for parents because we're aware that a lot of the parents who are signing up for this have never been involved in the market before.
00:50:13.000 And it's really going to teach the benefits of long term compounding and
00:50:20.000 riding with the American dream.
00:50:22.000 We had the 250th anniversary on July 4th.
00:50:26.000 And I always say our founders never could have imagined economically.
00:50:31.000 Where we could have come.
00:50:32.000 My predecessor, Alexander Hamilton, they set an incredible base for our economy.
00:50:39.000 But in terms of the tech, in terms of the dynamism, in terms of the ability, I was getting attacked during my confirmation hearing by Senator Comrade Sanders, and he was,
00:50:55.000 well, Mr. Bussin, billionaires, It's pretty good.
00:51:02.000 I have to, I hear it a lot.
00:51:03.000 So I can do it.
00:51:05.000 Elon Musk, Mark Zuckerberg, Jeff Bezos, the, you know, these are oligarchs.
00:51:10.000 And I said, the senator, they all made the money themselves.
00:51:14.000 And Elon Musk was a student immigrant. 0.95
00:51:18.000 That's the way it works in America. 1.00
00:51:20.000 Yeah.
00:51:20.000 Amen to that.
00:51:21.000 So you talk about being optimistic.
00:51:24.000 All right.
00:51:24.000 So again, apologies for sparking the burrito debate of 2026.
00:51:28.000 But if you're speaking directly to our students and you're, and, And you're giving them reason to be hopeful about the job market.
00:51:35.000 We got AI, all this stuff.
00:51:38.000 You've got the price shocks of energy in Iran and all this stuff.
00:51:43.000 Paint the picture of where you see the economy going through the end of this year, through the next couple of years, if we stay on our current track and the Trump effect continues.
00:51:53.000 Yeah.
00:51:54.000 And look, my contribution to the burrito debate is I'm staying away from iceberg lettuce for another month.
00:52:00.000 That is a tough way I hear to lose weight.
00:52:02.000 Yes.
00:52:02.000 So I don't want to do that.
00:52:05.000 But look, as I said, for this group, it has been a tough slog and we are.
00:52:14.000 Just coming out on the other side of this.
00:52:17.000 I think, thanks to President Trump's policies, and he was talking about them from day one and from his first term, we are going to see real income gains and we are going to get prices under control.
00:52:30.000 Core inflation away from food and energy, which are the part of the Iran conflict, we're going to get to the other side of this.
00:52:39.000 I hope in the next few days we will have an agreement and start moving forward.
00:52:45.000 Prices are going to come back down.
00:52:47.000 The job opportunities in the private sector are very, very strong.
00:52:52.000 What are you seeing in the private sector that's given you that confidence?
00:52:54.000 I mean, are we seeing that manufacturing?
00:52:56.000 But you mentioned it before.
00:52:58.000 Are we seeing this direct investment in building factories and building jobs?
00:53:02.000 Yeah.
00:53:02.000 So the best in 15 years.
00:53:04.000 The best in 15 years.
00:53:06.000 When I take my hometown of Charleston, South Carolina, Boeing plant, thanks to President Trump going to be selling Boeing airplanes around the world, everywhere we go, you should buy more Boeings.
00:53:18.000 They're doing a 50% expansion on the Dreamliner.
00:53:22.000 So that's construction jobs.
00:53:23.000 And then that's going to turn into a thousand high paying factory jobs.
00:53:29.000 And that's replacing the jobs of my childhood, the textile industry, which got decimated.
00:53:35.000 The other thing that we're seeing, I know there's a lot of anxiety about AI.
00:53:40.000 But one of the things that we're seeing with AI that is not obvious is we are seeing small business formation go through the roof.
00:53:49.000 Wow.
00:53:51.000 I was talking to one of the credit card companies
00:53:56.000 and payment companies that small businesses sign up for that.
00:54:00.000 They have seen an 80% increase in small business formation just in the past year.
00:54:07.000 So, with AI, there was an article, I tell all of your viewers and listeners to go back and have a look.
00:54:15.000 Two weeks ago in the Wall Street Journal, it said the rise of the one person company.
00:54:18.000 Because if you wanted to go out, be an entrepreneur, start your own company before You might need five, 10, 15 employees.
00:54:27.000 Now, a lot of people are doing it with one, two, or three, and some AI agents.
00:54:32.000 So, I think it's going to be a powerful trend for small business.
00:54:37.000 Fraud.
00:54:39.000 It's another huge issue.
00:54:40.000 And you have been out front tackling this stuff using the tools of the Treasury.
00:54:44.000 What's some good news on that front?
00:54:47.000 Because I know there's plenty.
00:54:48.000 Well, the good news let me tell you how we're fixing the bad news.
00:54:52.000 The bad news is once the money goes.
00:54:54.000 Output transcript Out the door, it is very difficult to get it back in.
00:54:58.000 So we are cutting it off at the source.
00:55:01.000 Vice President Vance, I'm proud to be part of his task force.
00:55:05.000 It's an all of government effort, and we are cutting the fraud out at the door.
00:55:12.000 Dr. Mehmet Oz is doing an incredible job on healthcare.
00:55:16.000 We are working on it in terms of payments.
00:55:20.000 And what we are seeing, the General Accounting Office estimates that there might be.
00:55:27.000 Between 400 and 600 billion of fraud every year.
00:55:31.000 That is more, that's almost 2% of GDP.
00:55:34.000 It hurts to hear that.
00:55:36.000 Yeah.
00:55:36.000 I mean, it's terrible.
00:55:38.000 And look, a lot of it, I was in Minneapolis and I did a roundtable.
00:55:43.000 And what really tugs at your heartstrings is that these payments that were meant for autism centers are getting
00:55:55.000 waylaid.
00:55:56.000 And these fraudsters know how to do it.
00:55:59.000 What every citizen, every one of your audience should demand is transparency because blue states and red states, they don't like to tell you where the money goes.
00:56:11.000 So, Minnesota, there's a lot of corruption there, but they were very transparent.
00:56:17.000 That's how Nick Shirley could go from location to location and find the layering center.
00:56:21.000 But you tried to do that in New York, Illinois, California, and even some of the red states.
00:56:27.000 They've clammed up.
00:56:28.000 So, demand transparency.
00:56:30.000 That should be like every politician should have to sign a transparency pledge.
00:56:35.000 That's great.
00:56:36.000 But we're making great progress.
00:56:37.000 JD is doing a great job there.
00:56:39.000 Blake, I know this is like in your sweet spot and you could get really into the weeds, but like, We've only got a minute left, but the bond market.
00:56:46.000 You were going to ask about the bond market.
00:56:48.000 Oh, yes.
00:56:49.000 So it does look like I've seen people agitating that overall interest rates on bonds are up.
00:56:56.000 They're also up in Japan, which is another country that we have close ties to.
00:57:00.000 Should we be worrying about this?
00:57:02.000 I guess people, like, it seems like anything.
00:57:05.000 We borrow a trillion dollars.
00:57:06.000 It's now $50 billion a year of interest when it used to be $15 billion.
00:57:11.000 Yeah.
00:57:11.000 Well, like, I can tell you, I worry about it enough for all 342 Americans, but.
00:57:18.000 Good news is we actually brought the deficit to GDP down, and the size of the debt outstanding is tremendous, but we are growing our way out of it.
00:57:31.000 So, as we grow our way out of this, it makes it think about if you had a mortgage and you got a mortgage when you were 30, and the monthly payments and everything were very tight,
00:57:45.000 but then you did well at your job, you got good pay increases, and then you grew your way out of it.
00:57:52.000 Everything we are doing is unleashing this economy.
00:57:54.000 We can have 3%, 4% real GDP growth, and the growth will cure all that if we are able to recover some of this waste, fraud, and abuse and control our spending.
00:58:06.000 I am always so encouraged when I hear you talk, Mr. Secretary.
00:58:10.000 I think you are one of the true standout stars of this administration.
00:58:14.000 We have so much faith in you to navigate a very complex equation every day.
00:58:20.000 You got conflicts in the Middle East, you got bond markets, you've got Consumer prices index.
00:58:25.000 You got it all, and you're doing a phenomenal job.
00:58:27.000 You got fraud, you're tackling that.
00:58:29.000 By the way, we didn't even get to paid family leave, which is something you just issued new guidance on.
00:58:35.000 Yes, this is a family friendly administration.
00:58:39.000 Yeah, you guys are doing so much good work.
00:58:41.000 And I really, really do believe that.
00:58:44.000 And this is kind of my worry is that all of these things that were done in the one big beautiful bill, the tax cuts, all this direct investment.
00:58:52.000 I'm hearing from restaurants are building new kitchens, they're taking advantage of these opportunities.
00:58:57.000 The accelerated amortization opportunities.
00:58:59.000 So these things are happening.
00:59:00.000 My worry is that all this good news is, it just takes a little while because you said this is like turning the Titanic around.
00:59:07.000 And I just hope that it starts coming in.
00:59:09.000 I hope the media gives you a fair shake and we start getting this good news in time for elections.
00:59:13.000 Well, I know the media is not going to give us a fair shake, but I think it'll be the opposite of the Biden Harris campaigns where the media was gaslighting the American people.
00:59:24.000 They said, oh, it's a vibe session.
00:59:25.000 You don't know how good you have it.
00:59:27.000 Well, we believe what Americans are feeling.
00:59:29.000 Media is telling them it's terrible, but I think they're going to start feeling the, and they should be starting to feel better and that things are turning.
00:59:40.000 And the trend is your friend.
00:59:41.000 Yeah.
00:59:42.000 Wages growing faster for the bottom income rungs than any other than even for wealthy Americans.
00:59:49.000 You've got massive new small business growth and formation.
00:59:54.000 You've got a lot of things that are really, really good and really positive. 0.98
00:59:57.000 And we got to start telling that story too, because what we cannot do is give in to these DSA commies. 0.75
01:00:02.000 And seize the means of production and let them price fix because that leads to ruin. 0.87
01:00:07.000 Secretary Besson, I know you got to run.
01:00:09.000 We appreciate your time so much.
01:00:10.000 God bless you for everything you're doing.
01:00:12.000 Good to be with you.
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01:02:13.000 Without further ado, we have Nate Friedman.
01:02:16.000 I call him the great Nate Friedman because he's doing like really, really important work.
01:02:21.000 Host of the Nate Friedman Show.
01:02:22.000 You can follow him on X at NateFriedman97.
01:02:26.000 He's an independent journalist.
01:02:27.000 It's going around the country right now, documenting the rise of Islam in places like Michigan and New York. 0.94
01:02:34.000 So, Nate, welcome to the show.
01:02:35.000 It's good to have you, man.
01:02:37.000 And thank you for your work.
01:02:38.000 Why don't you tell us about what you're doing?
01:02:40.000 Just give us a 30,000 foot view.
01:02:42.000 Sure. 1.00
01:02:43.000 So, I expose paid protesting and I expose the rise of Islam in the West. 1.00
01:02:48.000 I go all over the world and I speak to people and I hear them out. 0.99
01:02:52.000 Why are you focusing on the rise of Islam?
01:02:55.000 Why is that important to you? 1.00
01:02:58.000 Because it goes against our way of life. 1.00
01:03:02.000 So when I speak to Muslims, I have never spoken to one that supports a ban on Sharia. 0.99
01:03:09.000 I've spoken to many that are looking to implement Sharia in the United States, and I don't want to. 0.79
01:03:15.000 Eventually, I will have children. 1.00
01:03:16.000 I don't want my daughter to have to wear a burqa. 1.00
01:03:18.000 And I don't want to live under Sharia. 1.00
01:03:21.000 I love that. 1.00
01:03:21.000 I want to play a clip from Charlie just because we've got some clips from you that I'm really excited to show. 1.00
01:03:27.000 But just to frame it for our audience, I think we've played this clip a few times, but it's so good and it's so important.
01:03:34.000 Clip 20.
01:03:34.000 The spiritual battle is coming to the West, and the enemies are wokeism or Marxism combining with Islamism to go after what we call the American way of life.
01:03:45.000 And the American way of life is very simple. 0.70
01:03:47.000 I want to be able to get married, buy a home, have kids.
01:03:51.000 Allow them to ride their bike till the sun goes down.
01:03:54.000 Send them to a good school.
01:03:56.000 Have a low crime neighborhood. 1.00
01:03:57.000 Not to have my kid be taught the lesbian, gay, transgender garbage in their school. 1.00
01:04:05.000 While also, 1.00
01:04:08.000 while also not having them have to hear the Muslim call to prayer five times a day.
01:04:14.000 That's important.
01:04:17.000 We want the American way of life, which is, by the way, Christendom.
01:04:23.000 The American way of life is definitely under siege.
01:04:26.000 So, you tell us, okay, where in America have you been going and tell us what you're seeing when you're on the ground?
01:04:34.000 Yeah.
01:04:34.000 I mean, first off, I've featured that clip in multiple of my documentaries.
01:04:40.000 Charlie was so spot on there.
01:04:41.000 It's unbelievable.
01:04:43.000 So, where have I gone in America? 0.78
01:04:44.000 So, I've gone to Patterson, New Jersey, I've gone to Dearborn, Michigan, but a lot of my work documenting the rise of Islam has been in Europe.
01:04:53.000 So, both in the UK and Italy and Spain. 0.78
01:04:57.000 So, it used to be that in order to show the American people what the rise of Islam means, you would go to Europe. 0.95
01:05:05.000 But now it just seems like you have to walk out your front door. 1.00
01:05:08.000 Yeah, I agree with you on that.
01:05:10.000 Let's go ahead and play.
01:05:11.000 This is grocery shopping in Dearborn, Michigan.
01:05:14.000 21.
01:05:15.000 If you were to do grocery shopping here in Dearborn, this is what you would see in my two years of reporting on the ground.
01:05:23.000 This is the most shocking footage that I have ever taken.
01:05:26.000 Our country is becoming unrecognizable.
01:05:29.000 I wish it went a little long. 1.00
01:05:30.000 I'm looking at some of the B roll, and it's not even just the hijab, which is the headscarf that they wear. 1.00
01:05:36.000 You see a lot of, if I'm using my terms like, niqab, where you can only see their eyes and nothing else. 0.99
01:05:43.000 And do you feel like you're seeing even more of that as a percentage of the dress that people are wearing? 0.99
01:05:49.000 Do you ever see full burqas? 0.98
01:05:52.000 Absolutely.
01:05:53.000 So I'll tell you, I've walked up to more than 100.
01:05:56.000 Women wearing a niqab across the West, and I've only ever done an interview with one of them. 1.00
01:06:00.000 Either they say they don't speak English, or they'll just look at me shocked like I'm talking to them. 0.98
01:06:05.000 This is not assimilation. 0.99
01:06:07.000 I mean, what happens if a child lost their parents, like their parents, they can't find them in the grocery store, and they walk up to a woman who's wearing a niqab and can't speak English?
01:06:17.000 This is not assimilation.
01:06:20.000 Yeah, you say it's unrecognizable, and yet the progressives.
01:06:26.000 There is this red green alliance that is forming, and you see it with El Sayed in Michigan, where you've got Hassan Piker, radical progressive, who's raised in Turkey, by the way, partnering up with El Sayed, who is basically raised in Egypt.
01:06:41.000 Yeah, he has American roots as well. 0.99
01:06:46.000 And they're embracing these radical DSA policies, which are just going to flood the country with even more Muslims. 0.95
01:06:52.000 And they don't see any issues with Islam at all. 0.99
01:06:56.000 They think of this tabla rasa.
01:06:59.000 That human beings are blank slates, that they bring nothing in with their culture. 0.98
01:07:03.000 But as Charlie was very eloquent about talking about, Islam is a conquering ideology. 0.96
01:07:10.000 It is a political conquering ideology. 1.00
01:07:12.000 And we have clips after clips of these Imams saying, We are going to institute Sharia when we get enough power. 1.00
01:07:19.000 They're pursuing incrementalism, right? 1.00
01:07:21.000 While our side is pursuing accelerationism and they want to burn down the GOP because it's not ideological pure enough for them or something.
01:07:29.000 And by the way, it's okay to have critiques.
01:07:31.000 That's part of politics, to have criticisms of Trump or whatever.
01:07:34.000 But they want to burn it all down to let the Democrats win.
01:07:37.000 What's going to happen when that happens? 0.74
01:07:39.000 You're going to have three to five million illegals flood the country. 0.95
01:07:41.000 You're going to have a lot of Muslim immigration and they're going to incrementally gain more and more political power. 0.94
01:07:47.000 And what are they going to do with that political power?
01:07:49.000 Do you have insights on what they want to do with that political power as they gain?
01:07:53.000 Why don't we look at what they've already done?
01:07:54.000 So, what happens when they become a majority in a city?
01:07:57.000 Look at Hamtramck. 0.92
01:07:58.000 Is it progressive that they banned the pride flag? 0.84
01:08:01.000 When Muslims became a majority in Hamtramck, they banned the pride flag. 0.86
01:08:04.000 And yet, the left is marching saying, we want more Islam.
01:08:08.000 I mean, you can see this is not going to end well.
01:08:11.000 In the UK, thankfully, in the United States, we have free speech.
01:08:14.000 But I have spoken to Muslims in the UK that say, we are going to put Muslim members into parliament. 1.00
01:08:19.000 They are going to instill Sharia and then we are going to live under Sharia. 0.94
01:08:23.000 They tell us their plans and we have Elon who bought X and we have free speech, but imagine we didn't.
01:08:30.000 The destruction of the West would be excelled dramatically.
01:08:33.000 You say going to, but Britain, we already see free speech is radically curtailed.
01:08:38.000 Especially if you're criticizing Islam.
01:08:40.000 Especially if you're critical of Islam.
01:08:42.000 The police will call and say, it's not illegal what you did, but you're disturbing the peace and we're very concerned about it.
01:08:49.000 And sometimes they will just.
01:08:50.000 Prosecute you for saying the wrong thing online.
01:08:53.000 I was thinking it's so funny, Andrew.
01:08:54.000 Do you remember early Trump day?
01:08:56.000 They got upset early Trump's first term, they got obsessed with that show, The Handmaid's Tale.
01:09:00.000 Yes, and they were talking, they were going to put all the women in the handmaid costumes.
01:09:04.000 The Christian nationalists were going to put all the women in the handmaid costumes. 0.98
01:09:07.000 That's such a good point. 1.00
01:09:08.000 And I just think about that. 0.98
01:09:09.000 And then I see these clips from Dearborn that they literally want to bring in as many niqab wearers as possible, which is even more restrictive than those silly outfits. 1.00
01:09:17.000 That's a really good point, actually. 1.00
01:09:19.000 We should make that point more loudly.
01:09:21.000 Here's some more footage.
01:09:22.000 I don't know if this is in Dearborn or in New York, but you can tell me after you see the clip.
01:09:27.000 This is a guy casually admitting that he approves of Hezbollah.
01:09:31.000 22.
01:09:33.000 I finally get to speak to someone actually from Lebanon because a lot of people, you know, they assume what you guys want and they assume.
01:09:39.000 So my question to you is like, where do you stand on which government?
01:09:44.000 Is it Hezbollah or is it something else?
01:09:46.000 Like, what's going on actually? 0.98
01:09:48.000 I'll tell you the truth.
01:09:50.000 Yeah. 1.00
01:09:51.000 Butlah only protects Lebanon. 1.00
01:09:52.000 Yeah. 1.00
01:09:53.000 If there's no Hudballah, It's gone, Lebanon. 1.00
01:09:57.000 Israel will take it over. 1.00
01:09:59.000 That's the only thing keeping them out. 0.99
01:10:02.000 Hezbollah doesn't cause trouble.
01:10:04.000 Oh, Hezbollah doesn't cause trouble. 1.00
01:10:07.000 So these are people, these are your neighbors now, thanks to mass migration. 0.80
01:10:14.000 When he says that Hezbollah doesn't cause trouble, why doesn't he ask the over 200 Marines families who lost their brothers, their sons in the Beirut bombing? 0.99
01:10:25.000 I mean, he is pro terrorism.
01:10:27.000 This is a terror group that has killed.
01:10:29.000 Over 200 American Marines.
01:10:32.000 And I asked him, do you want the United States to be allied with Hezbollah?
01:10:35.000 And he said, hell yeah. 0.98
01:10:36.000 So it's happening.
01:10:38.000 It's here.
01:10:39.000 Jeez.
01:10:40.000 That is actually a really shocking thing to think about if they actually do gain political power and the rise of what we're already seeing on the Democrat side.
01:10:49.000 Oh, yeah.
01:10:50.000 If I can just add one thing about that really quick.
01:10:52.000 When I asked him who he was voting for, he said, what do you think?
01:10:55.000 I'm Arabic.
01:10:57.000 So this is a voting block, it doesn't need to become a majority for us to live under the DSA.
01:11:04.000 They need to get maybe double the amount again, one more time.
01:11:07.000 And then that's it.
01:11:08.000 If you look at in the year 2000, we had 1,200 moths in the United States, and now we have 3,200.
01:11:13.000 It continues going at this rate.
01:11:15.000 We will live under the DSA.
01:11:17.000 Well, and that's a really interesting point, too.
01:11:19.000 I mean, I was about to make the point that imagine how our foreign policy is about to shift.
01:11:24.000 You know, are we going to form alliances with Hezbollah? 0.97
01:11:28.000 Is that like where this is going?
01:11:30.000 And like, you know, Hamas?
01:11:33.000 But there is another point that you're making, I think, Nate, that is really important. 0.62
01:11:37.000 You don't need a majority.
01:11:39.000 These people will fundamentally transform the country when they get to 10%, when they get to 15%.
01:11:44.000 And by the way, that is exactly their plan.
01:11:46.000 They want to outbreed us.
01:11:48.000 They want to outbreed us and they want to migrate to us.
01:11:50.000 Go ahead, Nate.
01:11:51.000 Final 20 seconds to this.
01:11:52.000 If you look at the UK, right?
01:11:54.000 So they've got a Muslim mayor and they've got a Muslim home secretary who's in charge of immigration police.
01:12:01.000 And even in Birmingham, I asked them, you know, you got 13 new Muslim counselors in Birmingham.
01:12:07.000 13 new Muslim counselors.
01:12:09.000 So you do not need to be a majority of the whole country to get what you want.
01:12:14.000 America, okay?
01:12:15.000 If we don't want them to implement secularism.
01:12:19.000 So, what do we want them to implement? 0.83
01:12:21.000 They say that America now, okay, there is not enough Muslims for them to implement Islam.
01:12:27.000 But now it is our challenge as du'a, as intellectuals, as academics, to present solutions based on Islamic values, but in the second level degree,
01:12:42.000 not to tell them replace secularism with Islam.
01:12:45.000 It won't work. 0.97
01:12:46.000 So, that is an Islamic scholar. 1.00
01:12:49.000 Saying that there's not enough Muslims yet to implement Sharia law, and we have to get more power and implement it little by little.
01:12:57.000 They're telling us what they want to do, and you want to see what it looks like? 0.96
01:13:01.000 Look at 25.
01:13:02.000 This is play clip 25.
01:13:20.000 It just always stands out to me how it's very loud and like very, it's very intrusive public.
01:13:26.000 And that's not Europe, folks.
01:13:29.000 That's not Amsterdam or something like that.
01:13:32.000 Or it's not England.
01:13:33.000 That's New York City.
01:13:35.000 I believe that was Central Park, too.
01:13:37.000 Nate Friedman joins us, host of the Nate Friedman Show.
01:13:39.000 He's an independent journalist who's covering this all over the West, all over the world.
01:13:45.000 Nate, what do you make of both those clips we just played?
01:13:50.000 They're telling us their moves, they're telling us their play, they're telling us where they're going with this.
01:13:54.000 But we're already seeing it.
01:13:57.000 All we have to do is pay attention.
01:13:59.000 The people that are propping them up, the left needs to pay attention the most.
01:14:03.000 The people that are giving them a voice are the ones that need to pay attention the most.
01:14:06.000 And something that you said that is very striking, Andrew, you said you had to show the audience this is not Europe.
01:14:13.000 Isn't it quite something that you need to clarify that this mass congregation of thousands of Muslims praying outside is not in Europe?
01:14:21.000 You would think you would have to say it's not in Kabul or something, but now you have to specify it's not in Europe because there's been a takeover in Europe. 0.65
01:14:27.000 That's a really good point.
01:14:28.000 I didn't even realize what I was doing, but you're absolutely right.
01:14:32.000 They're taking over the Bronx, though. 0.97
01:14:34.000 This is some more footage that you have uncovered, and they're calling it Little Yemen.
01:14:41.000 Little Yemen.
01:14:43.000 Yemen is not a good place. 1.00
01:14:44.000 I want a complete shutdown of new little countries until we can figure out what is going on. 1.00
01:14:50.000 SOT 23. 0.96
01:14:52.000 I noticed your tattoo.
01:14:53.000 Could you say what it says?
01:14:54.000 It says Hamas?
01:14:56.000 Yeah. 0.91
01:14:56.000 This is Little Yemen. 0.91
01:15:00.000 Does this look like the Bronx to you?
01:15:04.000 I'm filming a YouTube video about Little Yemen.
01:15:07.000 Can I ask you a question?
01:15:07.000 I speak English.
01:15:10.000 Arabic?
01:15:10.000 Yeah.
01:15:13.000 This is Ibrahim Al Amdi Way.
01:15:16.000 So, this was the former president of Yemen.
01:15:19.000 And this street, the main street, has been renamed after him.
01:15:23.000 If you didn't know that there was a Little Yemen, neither did I.
01:15:26.000 Until Mamdani made this map of neighborhoods around New York City.
01:15:30.000 Including little Egypt, little Bangladesh, and little Palestine, but he left out little Italy.
01:15:37.000 Wow, I had not seen the end of that.
01:15:40.000 He left off little Italy in New York City. 1.00
01:15:43.000 Oh, yeah, yeah, and replaced it with little Yemen. 1.00
01:15:47.000 This is what happens. 1.00
01:15:48.000 Gosh, just the erasure of America. 0.98
01:15:52.000 Yes, so what part of this is in the Bronx that they have little Yemen now? 0.95
01:15:59.000 Yeah, like I said, I didn't know there was a little Yemen.
01:16:03.000 Right.
01:16:03.000 So it's important to remind ourselves that the Houthis control the capital of Yemen and their slogan is death to America.
01:16:12.000 Another question for ourselves is how does a little Yemen benefit the United States? 0.92
01:16:18.000 I think it's clear it doesn't. 0.98
01:16:21.000 All I can think of is just what it's New York, so they're not exactly gung ho on stopping fraud as is.
01:16:28.000 There's a lot of Nick Shirley esque stuff going on there with adult daycare and other in the home health aids in New York.
01:16:35.000 And all I can think of is like what percent of Yemen's GDP is basically New York local, state, or federal programs for this or that that are funneling money into there.
01:16:46.000 And then they skim off a bunch of it and they send it back to Yemen. 0.76
01:16:50.000 It's cultural suicide on so many levels. 0.91
01:16:52.000 These people hate us, they want death to America. 0.96
01:16:55.000 That gentleman was saying Hamas. 0.98
01:16:57.000 This guy's pro Hamas. 0.95
01:16:59.000 They want to rip off our welfare system, they want to manipulate our civics system to ultimately seize power. 0.99
01:17:07.000 Seize wealth and topple the American way of life.
01:17:11.000 And we are just letting it happen.
01:17:13.000 Go ahead, Nate. 0.74
01:17:14.000 So, the guy with the Hamas tattoo, get this, he wants Hamas to run the United States government and he's on welfare. 0.83
01:17:21.000 So, you're paying for his cost of living. 0.73
01:17:24.000 Jeez.
01:17:27.000 More footage from the Nate Friedman show, SOC 24. 0.50
01:17:32.000 My first stop in Little Yemen was the Bronx Muslim American Society Mosque, which just got a million dollars of taxpayer funds to build another location 10 times the size, all while being an arm. 0.81
01:17:44.000 Of the Muslim Brotherhood. 0.95
01:17:45.000 More on that later in this video.
01:17:47.000 Leaders at the center say the Muslim community is growing and an expansion is long overdue.
01:17:53.000 So it says ICE law enforcement may not enter that judicial warrant by CARE, New York.
01:17:58.000 No ICE or law enforcement, and yet they're taxpayer funded.
01:18:02.000 Go figure.
01:18:03.000 Well, I'm neither, so let's go in. 1.00
01:18:05.000 This is the Islamic takeover of the Bronx. 1.00
01:18:08.000 Jeez. 1.00
01:18:10.000 We're paying for our own demise. 1.00
01:18:12.000 I just can't get over it, and we won't even let ICE get rid of the illegals. 1.00
01:18:16.000 What did you see when you got inside? 0.99
01:18:19.000 Yeah, I spoke to a man.
01:18:20.000 I actually brought my Quran with me and I talked to him about Sharia. 0.93
01:18:24.000 He said, Inshallah, Islam will take over the West and that he supports it.
01:18:28.000 But he says, if we call it Sharia, people get worried. 1.00
01:18:31.000 I said, Well, that's what it is. 0.98
01:18:33.000 So it was an interesting conversation.
01:18:35.000 People can check it out on the channel.
01:18:38.000 Inshallah.
01:18:40.000 By the way, we have a clip.
01:18:41.000 We should bring it up. 1.00
01:18:42.000 The El Syed saying a lot of inshallahs happening. 0.98
01:18:49.000 If there was one thing, Nate, that you could just shake everybody and get them to understand of what you've discovered in your reporting, what do you want people to know and understand at a more fundamental, deeper level? 0.99
01:19:06.000 Sure. 0.99
01:19:07.000 So, in these neighborhoods I go to that have been overtaken by Islam, I don't see the progressive people that voted for it. 1.00
01:19:16.000 I don't see them. 1.00
01:19:17.000 Where are they?
01:19:18.000 So, I want people to think about that.
01:19:21.000 In a democracy, Our voice is our vote, and we can make our voice louder by telling people what's going on.
01:19:29.000 So perhaps they won't vote for an Islamist communist.
01:19:35.000 Yeah, and you always got to wonder there are 50 Muslim majority countries in the world. 0.83
01:19:42.000 Why are they moving to the West? 1.00
01:19:45.000 Is it for our freedoms?
01:19:46.000 No, because they want to institute zero freedoms. 1.00
01:19:49.000 They want to institute Sharia law. 0.99
01:19:51.000 They're coming here to conquer us. 1.00
01:19:52.000 They want to take over a country that they could have never created on their own. 0.97
01:19:56.000 Mm hmm.
01:19:57.000 Nate Friedman, thank you so much for this work.
01:19:59.000 Thank you for continuing to do it.
01:20:01.000 I know it's hard, it's dangerous, but God bless you for doing it, man.
01:20:07.000 Thanks for coming on.
01:20:07.000 Thank you.
01:20:08.000 Thanks for having me.
01:20:10.000 What a show.
01:20:11.000 See you guys tomorrow.
01:20:16.000 For more on many of these stories and news you can trust, go to charliekirk.com.