The Charlie Kirk Show - Uncle Tom Economics with Brandon Tatum and Dave Brat

00:00:00.000 Hey everybody, Tan the Charlie Kirk Show.

00:00:01.000 Dave Bratt joins us to unpack what's going on in the economy and Brandon Tatum about the great new movie Uncle Tom 2, as well as the history of segregation.

00:00:10.000 Very interesting.

00:00:11.000 Email me your thoughts, as always, freedom at charliekirk.com.

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00:00:38.000 As always, you can email me your thoughts, freedom at charliekirk.com.

00:00:42.000 Buckle up, everybody, here.

00:00:43.000 We go.

00:00:43.000 Charlie, what you've done is incredible here.

00:00:45.000 Maybe Charlie Kirk is on the college campuses.

00:00:47.000 I want you to know we are lucky to have Charlie Kirk.

00:00:51.000 Charlie Kirk's running the White House, folks.

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00:00:55.000 He's an incredible guy.

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00:01:30.000 When you look at these pictures and get a sense of what black life was like, some of them look pretty prosperous.

00:01:38.000 We were never taught that America was bad and that we were not Americans.

00:01:44.000 We were raised to love America.

00:01:46.000 Protesters topple a statue of Christopher Columbus and hundreds of statues and vandalizes.

00:01:53.000 The American people know these names have to go.

00:01:56.000 Why is that?

00:01:58.000 The reason that that lie exists is power. 0.98

00:02:01.000 There are certain people who are using the Negro in order to establish that power in Washington. 0.99

00:02:08.000 And the Negro is just merely a porn in a game that's figured out. 0.92

00:02:13.000 That is a trailer from the really awesome movie Uncle Tom 2, which can be found at salemnow.com. 0.88

00:02:20.000 Salemnow.com.

00:02:21.000 Joining us now is a great patriot and a colleague on the Salem Radio Network.

00:02:27.000 His show is doing very, very well.

00:02:29.000 You can hear it all across the country as he does a fabulous show every night.

00:02:33.000 It's Brandon Tatum.

00:02:35.000 Brandon, welcome back to the program.

00:02:37.000 Charlie, thank you for having me on.

00:02:38.000 Loving the radio show, man.

00:02:40.000 Listening to it almost every night when I'm driving around and carrying on Larry Elder's legacy.

00:02:45.000 Tell us about the film, Uncle Tom 2.

00:02:46.000 Yeah, Uncle Tom 2, I think, is a tremendous film that tells the true history of Americans of African descent.

00:02:53.000 And it digs into the nuances of how Marxist individuals in our country, namely the leaders of BLM, are literally taking the black community down the drain and having this anti-American theology that's causing individuals who are black in this country to hate America, to feel like a perpetual victim.

00:03:16.000 And those things are detriments, and we have to change those.

00:03:21.000 And Uncle Tom 2 kind of expressed the avenue in which we can go about changing some of the things that are going on in our country and really espousing success and victor or success and allowing us to be victors moving forward.

00:03:36.000 Yeah, so let's talk about that.

00:03:37.000 I mean, there is, I think, this massive gap of history that people miss.

00:03:41.000 Part of the trailer is that black America was not being treated correctly from a public policy standpoint.

00:03:46.000 Obviously, segregated bathrooms, Jim Crow. 1.00

00:03:50.000 But despite that, there was a flourishing that was happening in black America, or at least a trajectory of flourishing, right? 0.69

00:03:57.000 That if it was allowed to play out, according to Thomas Sowell, by the 60s, 70s, or 80s, black America very well might have been wealthier per capita than white America. 0.53

00:04:05.000 What happened, Brandon? 0.75

00:04:07.000 Well, I want to go back to the history. 0.66

00:04:09.000 You know, in the 20s and 30s, we saw an explosion of innovation, explosion of inventions and ownership by black Americans that we don't even see today.

00:04:21.000 I mean, you're talking about Booker T. Washington with Tuskegee Institute. 0.56

00:04:25.000 You're talking about Black Wall Street in the 20s, also Black Harlem.

00:04:29.000 I mean, all of these places.

00:04:30.000 And, you know, one interesting thing that you'll see in the film is that when they were boycotting the buses and they wanted the black people to ride in the front of the buses, black people owned their own bus line.

00:04:40.000 It was absolutely not necessary to go that far when we could have just been building on our own platform that we had.

00:04:48.000 So we noticed that the invent or the advent of Marxism and this social ideology pushed us more towards the government and away from God and away from the family.

00:05:00.000 And you can look at the statistical data.

00:05:02.000 You see that there's less young people being born into married families and more being born out of wedlock than we saw even in the 30s. 0.97

00:05:10.000 When you look at the government assistance programs and the victimhood that's being expressed by these fake black leaders, we see more of it now than we've ever seen in the history of black people post-slavery. 0.98

00:05:22.000 And I think the movie does a really good job at expressing those things. 0.99

00:05:26.000 And I really wish people would wake up to the fact that there's a Marxist strategy and the dependence on the government has really hurt and in some cases destroyed black culture in the black America in this country.

00:05:37.000 So I want to be careful the way I ask this question, but there's this argument out there, which is, okay, 1940s, 1950s, black America was segregated.

00:05:47.000 Okay.

00:05:48.000 But it seems as if there is a push to re-segregate America, right? 0.89

00:05:52.000 Black-only dormitories, you know, affirmative action policies. 0.66

00:05:56.000 There's a big movement behind that, especially driven by BLM, to say that, well, when we were segregated, we were able to do better.

00:06:05.000 I find segregation to be evil and wrong and terrible. 0.82

00:06:09.000 Now, there was a movement to end segregation driven by black Americans. 0.99

00:06:13.000 How do we make sense of all that, Brandon?

00:06:16.000 Well, it's a very nuanced conversation because you talk about segregation before obviously desegregation. 0.97

00:06:23.000 I don't think segregation was good, but I did think that during that time, black people actually owned things.

00:06:28.000 They owned their own businesses.

00:06:30.000 They had their own schools.

00:06:31.000 When we forced ourselves into desegregation or somewhat of an assimilation, black people lost an identity.

00:06:38.000 I mean, the schools were demolished.

00:06:41.000 The black teachers couldn't get work in the white schools that they integrated into. 0.77

00:06:45.000 And I don't know if the timing was right because now we've seen a level of, what we say, lack of ownership. 0.53

00:06:54.000 I mean, let's go back to the early 1900s.

00:06:56.000 Madam C.J. Walker, Sarah Bree Love is her government name. 0.74

00:07:00.000 She was the first female millionaire out of any race.

00:07:04.000 And you talk about all of the great black people who had great success.

00:07:08.000 And now it seems like we don't have any generational wealth. 0.97

00:07:11.000 A lot of black people don't own as much things as we owned in the past. 0.98

00:07:15.000 HBCUs are falling apart. 1.00

00:07:17.000 And so we see that, you know, the civil rights movement may not have, may have had unintended consequences that have left black America, you know, somewhat desolate in certain aspects. 0.62

00:07:29.000 So I don't.

00:07:29.000 Go ahead.

00:07:30.000 No, no, no, no.

00:07:31.000 Sorry, finish that thought.

00:07:32.000 No, I just, I don't think that segregation necessarily ending segregation was a bad thing.

00:07:38.000 I just think that it was unintended consequences on ending it the way it was ended. 0.91

00:07:43.000 And I think that black people lost their identity in the process. 0.96

00:07:45.000 Yeah, and look, ending for segregation is always a good idea from a public policy standpoint. 0.99

00:07:51.000 You read the book by Christopher Caldwell called Age of Entitlement.

00:07:54.000 It adds a lot of nuance, though, to how it was ended.

00:07:57.000 And you bring up an interesting point, Brandon, which was forcibly ending.

00:08:01.000 So, for example, in Chicago, I just know this anecdotally and growing up there, it's kind of folklore there, and it's true. 0.99

00:08:07.000 A lot of these vibrant black communities were forcibly relocated to Section 8 project houses such as Caprini Green. 1.00

00:08:15.000 And, you know, a lot of these homes were consolidated under this kind of urban renewal project.

00:08:20.000 And so, under the guise of this, you almost had what was a vibrant and anti-fragile community that was very strong, right?

00:08:28.000 With lots of ties.

00:08:30.000 It almost was taken apart by the federal government via the great society.

00:08:35.000 Is that a fair way to put it?

00:08:36.000 I think it's a fair and accurate way to put it, Charlie.

00:08:39.000 The government is the problem here.

00:08:41.000 Segregation was enforced by the government.

00:08:44.000 It's not the will of the people.

00:08:46.000 And desegregation was forced by the government, not the will of the people.

00:08:50.000 I believe that the government would have gotten out of the conversation.

00:08:52.000 I think we would have seen a lot more of a natural and a cohesive integration into society amongst both sides.

00:09:00.000 Because when you talk to people who lived during that time period, it wasn't as crazy as people may imagine.

00:09:06.000 Black people were living and thriving in their own communities, and white people were living and thriving in their own communities.

00:09:12.000 However, there was not much conflict because people stayed to themselves.

00:09:16.000 I think in a natural sense, because of human nature, we would have come together in a more genuine way than for the government to then force people to have to accept or adopt certain principles that they may not have been ready for.

00:09:28.000 And we see it happening today.

00:09:29.000 I mean, the government is literally with BLM as their military arm, they're trying to force a society into re-segregating.

00:09:41.000 I mean, just leave us, just stay out of our business, leave us to the love and appreciation that we have for one another and quit trying to go so woke.

00:09:49.000 I mean, you look at the NFL. 1.00

00:09:51.000 They want to tell us that you need to force the NFL to hire more black coaches. 1.00

00:09:56.000 Are these black coaches qualified? 0.59

00:09:58.000 Are they good at what they do? 1.00

00:09:59.000 They want to force people into CEO positions in these major Fortune 500 companies.

00:10:05.000 That's not the way things work.

00:10:06.000 That causes animosity.

00:10:08.000 It's so colonialist when you think about it, right?

00:10:10.000 That we're going to force and impose on you a certain viewpoint.

00:10:16.000 So, Brandon, we're going to talk about this more.

00:10:17.000 SalemNow.com.

00:10:19.000 Check it out, Uncle Tom 2.

00:10:21.000 And it's very important when you look back on that period of time.

00:10:24.000 There was a massive amount of government intervention that very well might have been seeded with good intentions, but the results is not so good.

00:10:33.000 Broke apart the black family, broke apart the black church, really, in some ways, misrepresented some parts of the country with race relations. 0.70

00:10:42.000 And don't take my word for it.

00:10:43.000 Go read Age of Entitlement by Christopher Caldwell, which is the best book on this topic.

00:10:48.000 It's filled with thought crimes.

00:10:50.000 Brandon, what really bothers me is how the black community is continually taken for granted by the Democrat Party.

00:10:56.000 You've been really leading this charge with the amazing Candace Owens with Blexit and your program and deserve so much credit for that.

00:11:04.000 And I just want to take a pause.

00:11:06.000 The black conservative movement is in a much healthier and stronger position thanks to your leadership, Brandon and Candace, and the work you guys are doing across the board, truly.

00:11:15.000 Because it was always kind of, you know, there were some black conservative voices, amazing people, Thomas Sowell, all that.

00:11:20.000 But now it's really moving and it's growing.

00:11:22.000 Democrat Party takes the black community for granted.

00:11:25.000 BLM was mobilized in great numbers in 2020 via white guilt and other ways.

00:11:31.000 But Brandon, do you find it interesting about how out of all the national conversations right now, race is not a primary conversation heading into the midterms?

00:11:38.000 What are we supposed to make of that?

00:11:40.000 Well, I think that, you know, we got to look at the midterms as a political strategy on both sides, right?

00:11:46.000 I don't think that a lot of these politicians are genuine in their approach.

00:11:49.000 I don't think they really have a vested interest in fixing any issues.

00:11:53.000 What they want to do is promote an issue that gets people riled up, to get their emotions running, to get them in a level of or in a position of fear, and then they can run and campaign on that. 0.82

00:12:03.000 If you look at the Democrat Party and the black community, the reason why they've been having the black community in a stronghold or in a chokehold, I'd say, is because all they do is pitch promises every single year. 0.77

00:12:13.000 We promised to do this. 1.00

00:12:14.000 We promised to do this. 0.99

00:12:15.000 Look, the scary white man is out here ready to get you. 0.96

00:12:17.000 We're going to protect you this year. 0.97

00:12:19.000 Well, we didn't protect you last year.

00:12:20.000 We're going to protect you this year.

00:12:21.000 It's the Republicans' fault.

00:12:22.000 I mean, they just continue to push a narrative for political expediency, and they're not addressing any of the real issues.

00:12:29.000 Because if Democrats really cared about the black community, they will be addressing crime in the inner city.

00:12:34.000 They will be addressing the police department and not in a way in which they're expressing that they need to revise and rethink policing.

00:12:40.000 They would be saying that we're going to fund police.

00:12:43.000 We're going to get them better training.

00:12:44.000 We're going to get more minorities involved in policing so they can patrol their communities that they're familiar with. 0.95

00:12:49.000 But that's not the approach, Charlie. 0.97

00:12:51.000 They're just out for getting votes and promise you something that they can have leverage on for the next 100 years.

00:12:59.000 Longer term, what do Republicans need to do differently?

00:13:02.000 And you talk about a lot in the movie Uncle Tom 2.

00:13:05.000 What do we have to do differently?

00:13:06.000 Republicans need to be more involved in these inner city communities.

00:13:09.000 I mean, don't be afraid to go into these churches or give a message to some of these people.

00:13:15.000 Because when I was growing up, I never heard a message from the Republican Party.

00:13:18.000 I only heard the message of the Republicans from Democrats. 0.98

00:13:21.000 And of course, they say Republicans are racist white people. 0.97

00:13:23.000 That's the only pitch that they have. 0.97

00:13:25.000 And if they want to destroy America and they don't care about democracy, and now they got January 6th. 0.95

00:13:29.000 And if you're a Trump supporter, you're a terrorist.

00:13:31.000 I mean, they play all of that into an effect.

00:13:34.000 But if Republicans will consistently go out and reach across the aisle and say, listen, let's talk about policy.

00:13:40.000 Let's talk about what makes your community better.

00:13:42.000 Let's talk about gas prices.

00:13:44.000 If we can do that on a consistent basis, we'll win over people who are already conservative.

00:13:48.000 I mean, listen, this is prime real estate right now.

00:13:50.000 Black people are majority conservative people.

00:13:53.000 I don't know a black person that's not conservative. 1.00

00:13:55.000 However, they just don't hear the message.

00:13:57.000 It's almost like people looking for a redeemer, but they never heard the gospel.

00:14:02.000 They're primed and ready.

00:14:04.000 You just need people to come out and preach the gospel to them, and you will see a conversion like never before.

00:14:08.000 In closing here, Brandon, can you comment on how the black community is not okay with this trans stuff about how that's actually an opening to win over black voters? 0.69

00:14:17.000 Black voters are actually more socially conservative, and yet they're basically being controlled by white liberals. 0.84

00:14:25.000 Talk about that. 0.99

00:14:26.000 Right. 0.95

00:14:27.000 And it's because they're being controlled by people who are acting as proxy for the black community that do not represent the black community. 0.99

00:14:34.000 It's the white liberal and these fake black leaders that are destroying the community. 0.99

00:14:38.000 They're not representing what majority of black people feel and think. 0.99

00:14:41.000 I don't know of a black person that's a part of the LGBTQ push.

00:14:45.000 And I'm not saying gay or straight.

00:14:47.000 I'm saying the LGBTQ push.

00:14:49.000 That's a whole nother conversation. 1.00

00:14:51.000 They have an agenda to push pedophilia, if you ask me.

00:14:54.000 That's their ultimate goal.

00:14:56.000 However, when I was growing up, this is unacceptable. 0.99

00:14:59.000 You know, most black people were in the church, believing in God, traditional values, all of those things are historically what black people represent. 1.00

00:15:08.000 And I think it's still the case.

00:15:09.000 However, the people who are representing the black community are not representing them in a fair way, and they need another outlet.

00:15:17.000 And the Democrats are not that out there. 0.70

00:15:18.000 This men can become pregnant, gender fluidity. 1.00

00:15:22.000 That is a loser in the black community. 1.00

00:15:23.000 It might work in Martha's Vineyard. 1.00

00:15:25.000 It might work in Malibu, might work at Harvard.

00:15:28.000 But if Republicans are serious, in my opinion, and Brandon, you just said it, if they're serious about winning back black voters, you got to get very clear about your social conservative values.

00:15:38.000 They're very socially conservative, fiscally, probably moderate, pro-small business, all that, doesn't matter.

00:15:43.000 The social issues you can win over very quickly. 0.52

00:15:45.000 They think it's insane, rightfully so, that their kid is going to be taught that men can become pregnant.

00:15:51.000 Brandon Tatum is here. 0.63

00:15:52.000 Movie Uncle Tom2, SalemNow.com.

00:15:54.000 Brandon, keep up the great work.

00:15:56.000 Everyone should listen to his program on the Salem Radio Network.

00:15:59.000 Thank you, Brandon.

00:15:59.000 He does a great job.

00:16:01.000 Thank you.

00:16:01.000 God bless you, Charlie.

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00:18:16.000 There is a tremendous amount of economic confusion today.

00:18:21.000 Actually, just going on generally to help unpack, that is a brilliant economic mind, Dave Bratt from Liberty University.

00:18:29.000 Dave, welcome to the Charlie Kirk show.

00:18:31.000 Hey Charlie, thank you.

00:18:32.000 Patriot Mobile is great, by the way.

00:18:34.000 I was just up with their team in DC.

00:18:36.000 You're spot on, they're.

00:18:37.000 They're really great.

00:18:38.000 They're doing a good job.

00:18:38.000 They're actually solving the cell phone crisis via conservative approach.

00:18:43.000 Patriotmobile.com slash Charlie, just to remind everybody.

00:18:46.000 That's right.

00:18:47.000 So let's just start with the top line news.

00:18:48.000 There's so much happening here.

00:18:49.000 Dave the Dow is down 600 points below 30 000 bear market.

00:18:54.000 The economy is all over the place.

00:18:57.000 We have these contra indicators.

00:18:59.000 How would you rate?

00:19:00.000 You're a doctor, not a medical doctor, but You'll pretend to be a medical doctor.

00:19:04.000 How would you rate the health of the American economy right now?

00:19:09.000 Oh, seriously.

00:19:11.000 I mean, the economy, right?

00:19:13.000 Which is different than the stock market.

00:19:16.000 That's Econ 101.

00:19:18.000 The economy is a corpse laying on the table, and we've been shoving blood through it in the form of fiscal stimulus, spending through the federal government, and $9 trillion on the Federal Reserve balance sheet.

00:19:33.000 So $31 trillion in debt on the federal government side, $9 trillion to keep it alive, and it's still in a recession for the last six months, growing at zero.

00:19:41.000 So the economy is a one or a two, and then the markets follow, right?

00:19:46.000 So earnings are going to go down, profits are going to go down.

00:19:49.000 We're going into a recession.

00:19:51.000 The Fed has said we're going to force a recession to get the wage price spiral down, right?

00:19:56.000 Inflation is bad enough, but if inflation makes its way into the wage rates, that becomes what they call in economics is sticky, sticky prices, which stay around for years.

00:20:07.000 And so the Fed has to end that.

00:20:09.000 So they're engineering a recession, and you had it right.

00:20:12.000 We're about ready to find probably another 10% or maybe even 20% down in the markets.

00:20:19.000 Yeah.

00:20:19.000 And so the markets are obviously just one indicator, but usually is propped up by cheap money being infused.

00:20:26.000 And so the argument they will make, we can go through metric by metric, is that, well, the labor market is very strong because unemployment is very low.

00:20:33.000 My response is, well, it's low for now.

00:20:37.000 I think that we're about to see a mass layoff after end of year sugar high.

00:20:42.000 I think January, February, March, we're going to see unemployment get to 5% or 6%.

00:20:45.000 I pray I'm wrong.

00:20:47.000 That would be catastrophic.

00:20:48.000 Your thoughts, Dave?

00:20:49.000 No, I think you're spot on.

00:20:51.000 The real economy is weakening and weakening.

00:20:53.000 And now the Fed has promised to weaken it further.

00:20:56.000 And so it's going to be just like 07-08.

00:20:59.000 That was a real estate crisis, right?

00:21:01.000 And we had the Bear Sterns and Layman moment, right?

00:21:06.000 The shoe that dropped.

00:21:07.000 We still have not had that shoe drop yet, right?

00:21:10.000 This is just, you know, the mainstream economy going down.

00:21:14.000 A lot of hedge funds are levered up.

00:21:16.000 They're over-indebted.

00:21:18.000 The same thing is coming.

00:21:19.000 This one's called the everything bubble, right?

00:21:21.000 Stocks are too high, bonds are too high, real estate's too high, commodities are too high.

00:21:26.000 So this one's going to be serious.

00:21:28.000 And then, of course, the labor market is going to get weakened.

00:21:32.000 And so everybody, and in terms of education and skills, part of the economy is the education sector.

00:21:40.000 And what kind of kids are we scaling up in K to 12 right now?

00:21:44.000 It's a disaster for the economy over the next decade on top of all this bad news.

00:21:49.000 I'll never forget.

00:21:50.000 I have many stories like this.

00:21:52.000 I was sitting with a hedge fund guy right before the virus hit the mainland, and he was lecturing me on modern monetary theory.

00:22:01.000 Yeah.

00:22:01.000 About how wonderful it is.

00:22:03.000 And look, I didn't go to college.

00:22:05.000 I wrote a book about it, but I mean, I know a little bit about monetary theory.

00:22:08.000 I read my Mises and I've read my Rothbard and I've read my Hayek and I've read my Keynes.

00:22:13.000 So I know enough to be dangerous, but I wasn't totally familiar with modern monetary theory, which I've said this publicly and the media loses it. 0.83

00:22:22.000 Modern monetary theory is the transgenderism of economics. 0.99

00:22:26.000 It's just making stuff up. 1.00

00:22:27.000 Right.

00:22:28.000 That's right.

00:22:28.000 Right.

00:22:29.000 It's just making stuff out of thin air and hoping it to be right.

00:22:33.000 Yeah.

00:22:33.000 I'm going to play Cut 121, Rick Santelli attacking modern monetary theory.

00:22:38.000 Very irritating for me and for you, Dave, because we've been warning people about this and the economic illiteracy of people on the hill.

00:22:44.000 They just don't even understand what this stuff is.

00:22:46.000 Play cut 121.

00:22:47.000 We'll let Dave respond. 1.00

00:22:48.000 It was a stupid idea, and we're seeing living proof of that. 1.00

00:22:53.000 You can't print forever and think you can get away with it. 1.00

00:22:55.000 They're enablers by these low interest rates and hanging out at zero for so long.

00:23:01.000 They allowed governments to do anything.

00:23:03.000 They allowed companies to remain that should have died.

00:23:06.000 They ruined the entire infrastructure of global finance.

00:23:11.000 Dave, your thoughts.

00:23:13.000 Yeah, well, I'm out there on getter, Brat Economics.

00:23:16.000 If people want to study this stuff and go do a deep dive, I was on War Room about a month ago on this modern monetary theory.

00:23:25.000 And so I pointed out a Cato journal.

00:23:28.000 It's Cato Journal 39, our libertarian brothers who are very good on money.

00:23:33.000 They're good on money.

00:23:34.000 They're awful on immigration and drugs.

00:23:35.000 They're on totally other issues, but on money, boom.

00:23:41.000 And so go read this short little piece, but I'll just read you the first little blip here.

00:23:45.000 Post-provocative claim, but the theory is that government deficits don't matter.

00:23:50.000 The core tenets of modern monetary theory and the closest it gets to a theory are that the economy and inflation should be managed through fiscal policy, the federal government.

00:24:02.000 So you got the Fed separated, right, by Congress, by law to be independent monetary authority, and that's become political.

00:24:09.000 So the real, and you say they just make stuff up, but the Marxists are smart in the way they make things up.

00:24:15.000 They make everything they make up is managed through the federal government.

00:24:19.000 So that's the buried lead in modern monetary theory.

00:24:24.000 They want the federal government to print money forever to fund government spending.

00:24:29.000 And now it's interesting.

00:24:31.000 The reason the Fed is really jacking up interest rates and slowing things down is because it just occurred to them that if interest rates go up significantly, the amount of interest they have to pay on the debt on $31 trillion is going to reduce the size of the federal government.

00:24:47.000 It's going to compete with federal spending.

00:24:49.000 And so they may not even be doing this for the right reasons.

00:24:53.000 And this has some experts in financial markets talking about a sovereign debt crisis.

00:24:59.000 It's a fancy protocol.

00:25:01.000 Tell us what that is.

00:25:02.000 Yeah, sovereign debt just means the debt of each country.

00:25:06.000 So there's a sovereign debt crisis in China right now.

00:25:08.000 They're imploding.

00:25:09.000 There's a real sovereign debt crisis across all of Europe.

00:25:12.000 Germany is really crashing right now.

00:25:15.000 And it's coming even to the U.S.

00:25:17.000 And the sign of it is if people won't buy our treasuries to refinance the debt, that's the big problem.

00:25:25.000 If you read this book by Klaus Schwab, COVID-19, the Great Reset, this is not a mistake.

00:25:30.000 This is not an accident.

00:25:32.000 This is economic terrorism by the World Economic Forum.

00:25:35.000 It's not like, oh, yeah, they didn't know better.

00:25:37.000 Of course they knew better.

00:25:39.000 This is all part of the plan.

00:25:41.000 So you read the book, COVID-19, the Great Reset by Klaus Schwab.

00:25:44.000 Again, most Republicans have no comprehension of any of this.

00:25:48.000 Like, oh, yeah, you know, Democrats are just spending too much money.

00:25:51.000 No, no, they're, they're literally committing kamikaze campaigns against the core heart of our nation.

00:26:00.000 And so, Dave, let me ask you this.

00:26:02.000 I mean, just in the two minutes we have remaining in this segment, how do we disentangle ourselves from this?

00:26:07.000 It's my opinion, we take the cough syrup now, hijack rates, put ourselves in a near depression.

00:26:12.000 It's actually the right thing to do for the next nine months.

00:26:15.000 People don't like hearing that, but it's the only way out of this because otherwise we could see a collapse, the likes of which would make the Weimar Republic look like child's play.

00:26:23.000 Yeah, no, that's right.

00:26:24.000 I mean, short term, you got to get rid of inflation.

00:26:26.000 And then like Reagan did, right, Volcker came in, slammed on the brakes, and then Reagan went to the supply side of the economy like Peter Navarro was doing in the White House.

00:26:37.000 And, you know, shrieks of terror greeted him.

00:26:40.000 But he did yeoman's work getting the ball starting to roll.

00:26:44.000 You restructure the economy.

00:26:46.000 You take money away from the federal government, put it back into innovation and technology.

00:26:51.000 Let the private market work.

00:26:53.000 Get out of federal health care, get out of federal energy policy, and let markets return to work. 0.78

00:26:58.000 It's a dream right now, but America's waking up spiritually and on the first principles with the Constitution, thanks to leaders like you getting it out in the mainstream and getting the young people engaged.

00:27:11.000 And so we still have hope.

00:27:12.000 We can still turn it around.

00:27:14.000 We have to turn it around.

00:27:15.000 It's very important.

00:27:16.000 I got to tell you.

00:27:17.000 And it's just, you know, we have this sabotage campaign against the American economy.

00:27:22.000 We are living through an intentional campaign to destroy and to poison everything we care about.

00:27:31.000 And it's trying to reset the currency and reset the Western world.

00:27:37.000 Large asset managers are using your money to advance toxic social and political agendas. 0.98

00:27:42.000 They tell American energy companies to drill less and frack less to fight global climate change, a bunch of garbage. 0.98

00:27:48.000 That's not their job. 0.97

00:27:49.000 But here's the good news: it's your money, not theirs.

00:27:52.000 That's why Strive recently launched a new U.S. energy index fund.

00:27:56.000 Vivek Ramaswamy is behind this.

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00:27:59.000 He's on our program a lot.

00:28:01.000 And they have it now traded in the New York Stock Exchange called Drill, D-R-L-L.

00:28:05.000 That's D-R-L-L.

00:28:06.000 Strive mandates U.S. energy companies to drill more, to frack more, and to do whatever allows them to be most profitable over the long run.

00:28:13.000 The bigger they get, the more powerful their voice will be.

00:28:15.000 Visit StriveFunds.com today and buy D-R-L-L on the New York Stock Exchange.

00:28:22.000 You have to check it out.

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00:28:30.000 It's a way that possible you could make money.

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00:28:46.000 For a prospectus or summary perspective with this and other information about the fund, please call 855-427-7360 or visit their website at strivefunds.com.

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00:29:08.000 So, Dave, can you talk about the great reset?

00:29:11.000 Do you think this is all intentional?

00:29:13.000 What's going on here?

00:29:14.000 It doesn't seem as if this is a series of mistakes.

00:29:16.000 It seems as if this is a plan.

00:29:20.000 Oh, yeah.

00:29:20.000 And I think the examples you've given show beyond any doubt, right?

00:29:25.000 When you got drag queens being promoted in K-12 education, and the whole population is not scratching their head saying, what is going on here? 0.98

00:29:34.000 I mean, it's a frog into boiling water. 1.00

00:29:38.000 And on top of that, just the economic facts, past 40, 50 years, real GDP has fallen steadily, right?

00:29:45.000 I mentioned Reagan in the great supply side recovery he managed.

00:29:50.000 But real GDP per capita, the measure of human welfare, has fallen straight for 50 years.

00:29:56.000 The real interest rate has been orchestrated in a downward direction by the Fed for 40 years, resulting in 0% federal funds rate for the last 10 years.

00:30:06.000 That created the 07-08 financial crisis and the everything bubble.

00:30:11.000 And the worst of it all, Robert Nelson at Northwestern University is the guru on productivity growth and productivity, which is the most important metric in the economy.

00:30:23.000 It's what you make per hour, the amount of stuff.

00:30:26.000 It's been straight down for 40 years in the U.S., Europe, everywhere.

00:30:29.000 So that it cannot be by accident, right?

00:30:35.000 The American people left to their own are geniuses with energy and faith in God.

00:30:40.000 And so it's been a coordinated, centralized attack with the growth of the federal government and now the Federal Reserve and Klaus Schwab coming out of Europe.

00:30:49.000 If Republicans take back the House you served in Congress, what can they possibly do to slow this down with a divided government?

00:30:58.000 Oh boy, they put out their report today based on that report, man.

00:31:04.000 We better get praying even harder because they're not looking too aggressive.

00:31:08.000 And so it's not really politics anymore.

00:31:12.000 What we got to hope for is the American people rally, right?

00:31:16.000 Republicans, Independents, even Democrats are forming this new coalition of the middle class versus the unit party.

00:31:24.000 And so, you know, hopefully the Republican Party will demand, you know, two or three, you know, put an end to the 87,000 new IRS agents that have been hired, put a limit on the debt ceiling, a limit on the growth of the federal government.

00:31:41.000 You know, pick three or four things and say, look, we're not, we're negotiating.

00:31:44.000 We're going to shut down the government forever unless you agree to go with these three or four things that are existential, right?

00:31:51.000 The 5 million people coming across the border, the endless war that we're financing.

00:31:57.000 Just turns out today we had $50 billion in missing COVID funding.

00:32:01.000 We got $50 billion going to a war.

00:32:04.000 And so on top of that abuse, we got 87,000 IRS agents coming to punish you, the people who set alarm clocks and work for a living and do all the right things.

00:32:14.000 And so this is not sustainable, Jordan.

00:32:16.000 I mean, this is not.

00:32:19.000 You're smart.

00:32:19.000 You know this.

00:32:20.000 Obviously, we want everyone to remain peaceful.

00:32:22.000 But if you have food shortages, supply chain crises, you're sending $50 billion to Ukraine.

00:32:27.000 The stock market crashes.

00:32:28.000 The labor market crashes. 0.99

00:32:29.000 Elites are making more money than ever. 0.84

00:32:31.000 The borders are wide open. 1.00

00:32:33.000 And their kids are dying of fentanyl and they're addicted to pornography and depressed and want to kill themselves.

00:32:38.000 There's a pressure cooker waiting to happen. 0.97

00:32:40.000 Yeah.

00:32:40.000 Yep.

00:32:41.000 Yeah.

00:32:41.000 And I just urge all of that last piece you mentioned, right?

00:32:44.000 This neo-Marxist piece.

00:32:47.000 I know people don't follow Marx.

00:32:49.000 They should, right?

00:32:50.000 And Marcuza and the Frankfurt School, and now it's in the U.S.

00:32:55.000 And it's not Marxism.

00:32:57.000 It's this identity politics and the nasty turning people against each other instead of the Judeo-Christian principles.

00:33:05.000 Love your neighbor as yourself.

00:33:06.000 Love God in the first place and then your neighbor.

00:33:09.000 But we got to pay attention to these young kids who are being assaulted with this sexual identity stuff.

00:33:17.000 And that makes them turn against their parents.

00:33:21.000 And then the left gets what they want, right?

00:33:23.000 A war between the kids and their parents and values.

00:33:26.000 And boy, that's very disturbing to me.

00:33:29.000 That's one of the most disturbing things I see going on in this culture.

00:33:32.000 We got a lot of work to do.

00:33:34.000 We are sitting on a pressure cooker.

00:33:35.000 I'll tell you what.

00:33:36.000 Dave, thank you so much.

00:33:38.000 Yeah, God bless you, Charlie.

00:33:39.000 Thanks for all you do.

00:33:40.000 Great work as always.

00:33:41.000 Thank you.

00:33:42.000 Thanks, brother.

00:33:43.000 I'm afraid it's a pressure cooker that has been designed.

00:33:47.000 It is a pressure cooker that is could get wildly out of control.

00:33:52.000 I certainly hope not.

00:33:53.000 But people are losing their patience.

00:33:55.000 They're losing their savings.

00:33:56.000 They're losing their net worth.

00:33:58.000 They're losing their children.

00:33:59.000 When you start to lose so many things that you value, eventually you say, I have nothing to lose.

00:34:05.000 When a society starts to say, I have nothing to lose, what happens next is usually very regrettable.

00:34:11.000 Thanks so much for listening, everybody.

00:34:13.000 Email me directly, freedom at charliekirk.com.

00:34:15.000 Thanks so much for listening.

00:34:17.000 God bless.

00:34:19.000 For more on many of these stories and news you can trust, go to CharlieKirk.com.

The Charlie Kirk Show - September 24, 2022

Uncle Tom Economics with Brandon Tatum and Dave Brat

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