Best of the Program ｜ Guests： Kathy Barnette & Vivek Ramaswamy ｜ 5⧸12⧸22
Episode Stats
Words per Minute
168.95395
Summary
In this episode of the we talk about the failed abortion bill, a new drug called Relief Factor, and a new conspiracy theory about the missing DNA evidence from a key piece of evidence. We also talk about a new candidate running for the primary election in Pennsylvania, a man who is running against a sitting congresswoman, and we discuss the latest in the war on terror.
Transcript
00:00:00.000
oh my gosh stew is today a great show or what it is a great show yes i thought you're gonna say it
00:00:05.900
was a more of a know what it was a great a great show today we talked to a good really good candidate
00:00:11.360
one that uh you know i hope that pennsylvania takes a real strong look at um you know i'd
00:00:18.860
vote for this person a hundred thousand times before oz but that's just me um uh pennsylvania
00:00:25.180
candidate that is running next week in the primary we also talked to uh vivek ramaswamy who is
00:00:33.920
fighting esg he's one of my heroes i mean what he's doing is as brave as elon musk with twitter
00:00:42.360
and uh it could change the dynamics it already has with blackrock and then finally we go through the
00:00:51.300
border and it's worse than you think it's weapons of mass destruction that we verifiably
00:00:59.600
know are now across our border don't miss it and before we start if you're one of the millions of
00:01:06.020
americans who suffer every day from pain listen up there is hope and it comes in the form of relief
00:01:11.180
factor i see testimonials from people every single day that have tried relief factor didn't expect it
00:01:18.320
to work and they have found the relief from their pain in varying degrees uh some of them no pain
00:01:25.600
whatsoever people like me that have very little pain from time to time where i had it constantly
00:01:33.800
all the time i i i mean i was losing everything i loved about my life i couldn't do it anymore
00:01:40.340
relief factor changed that for me and i got my life back please try it if you want a drug-free
00:01:45.300
and natural way to get your life back go to relieffactor.com that's relieffactor.com
00:01:50.720
okay so do we need to go on the abortion bill yesterday it failed because of mansion
00:02:13.080
um and of course biden came out and said these republicans these republicans they're standing in
00:02:20.580
the way of progress we can't do this because uh 49 people say no what so we're gonna do it because
00:02:28.960
50 say yes 51 say yes i mean it there is no bipartisan on anything anymore thank god for joe
00:02:41.200
mention and i can't believe i'm saying that but thank god for him and the fact that he came out
00:02:46.260
and said this is not this is not this isn't uh roe versus wade codification that's not what this is
00:02:53.520
this is abortion on demand all the way to the time of birth now the other thing that is coming up now
00:03:02.800
i am so sick and tired so sick and tired of people not going to jail you know we have hearings
00:03:11.900
sure and then they lie to you and then what happens nothing nothing you know i grew up you didn't lie
00:03:21.860
ever didn't matter what the definition of is is you didn't lie under oath or you go to jail
00:03:28.540
well that changed in the 90s and now you can lie to congress the other thing that i always heard is
00:03:35.880
oh it's even worse with congress because they set the rules if they decide you're lying
00:03:41.660
they can say jail for you wait what when is anyone going to go to jail for lying listen to this one
00:03:52.440
the national institute of health the acting director confirmed to lawmakers uh yesterday that u.s health
00:03:59.720
officials concealed early uh genomic sequences of covid19 at the request of chinese scientists
00:04:09.860
now do you remember do you remember when um there was uh a a reporter
00:04:20.840
that said wait a minute wait a minute wait a minute um they they're hiding information there's a
00:04:28.420
there's a sequence that has been removed do you remember this there's a sequence that's been
00:04:35.600
removed where is that sequence and everybody testified that is just that's conspiracy theory
00:04:41.580
that is absolutely conspiracy it was in vanity fair an article march 31st reported that evolutionary
00:04:48.900
biologist jesse bloom discovered last year that early covid19 sequences had disappeared from a
00:04:56.140
federally run data repository when bloom raised the issue he was reportedly ganged up on by a group of
00:05:02.880
researchers assembled by the then nih director francis collins and infectious disease institute head
00:05:11.160
dr anthony fauci they destroyed him for it they said that it was a conspiracy theory and everything else
00:05:21.460
well it comes out yesterday in testimony that uh yeah we deleted the sequence we deleted it because
00:05:30.680
the chinese scientist asked us to and then they got into this argument of well it's not really deleted
00:05:37.060
i mean it was deleted from you know everything except and i have to give you this uh but uh
00:05:44.400
uh the what it was kept on the uh sequence read archive uh but oh yeah here it is a tape drive
00:05:57.920
it's kept on a tape drive now i don't know if you're old enough to remember
00:06:03.600
the old computers that they would have in big computer banks back in like the 60s with those
00:06:10.820
like reel-to-reel tapes going back that's what he's talking about it's on a tape drive
00:06:16.320
that's like saying yeah uh i got the whole bible it's on the stone tablets
00:06:22.720
well what why is it on a tape drive why did you store it there the reason why is because you can't
00:06:32.380
really get to the tape drive no it's it's available really how do you access that tape drive
00:06:40.680
oh i just take out my tape drive reading machine okay all right so is anyone going to go to jail
00:06:51.480
is anyone going to go to jail the answer probably is no will we have hearings oh sure how about this
00:07:02.820
one jim jordan and mike johnson said they have evidence now that the fbi targeted parents who
00:07:08.960
protested schools covid policies despite assurances from merrick garland that it never happened in a
00:07:17.300
letter addressed to the justice department jordan and johnson said they have evidence now the fbi
00:07:22.160
labeled dozens of investigations into parents with a threat tag created by the bureau's counter
00:07:28.880
counterterrorism division to assess and track investigations related to school boards
00:07:34.720
the evidence is coming from brave whistleblowers within the department of justice thank god thank god
00:07:44.020
i have been waiting for some is there anybody in the department of justice that isn't completely
00:07:49.520
corrupt the national school board association you remember sent the letter to the biden administration
00:07:56.620
at the biden administration's uh request comparing parents who protested schools covid policies to
00:08:02.580
domestic terrorists five days later the fbi issued the memo saying that they wanted to investigate
00:08:10.520
the threats to school boards as domestic terror an internal email from the fbi's criminal and
00:08:17.380
counterterrorism divisions instructed agents to apply the threat tag edu officials to all investigations
00:08:24.800
and assessments of threats directly specific directed specifically at education officials jordan and
00:08:31.300
johnson citing a whistleblower said the fbi opened investigations with edu officials threat
00:08:37.280
in every region of the country and relating to all types of educational settings the lawmaker cited
00:08:45.440
several examples where someone reported a parent or state elected officials using the fbi's national
00:08:51.420
threat operation center in one investigation fbi officials interviewed a mom for allegedly telling a
00:08:58.660
school board member we're coming for you the person reported the mom because she belonged to a
00:09:03.960
right-wing mom's group let me just say that again with a straight face a right-wing mom's group
00:09:12.520
oh man tons of bake sales going on that thing man deadly bake sales what they do with the brownie money
00:09:21.160
yeah you know what i mean they've got they come out they sell you brownies and then they just pile in
00:09:26.820
the cash direct to international terrorism so this right-wing mom's group called moms for liberty
00:09:33.160
she's also a gun owner fbi officials took the threat seriously interviewed her and then said
00:09:41.980
now she's not a threat she's a mom in another investigation fbi officials interviewed a dad
00:09:47.800
opposed to masks according to jordan and johnson the person who reported the dad did so because he
00:09:54.100
supposedly fit the bill of an insurrectionist and rails against the government and has a lot of
00:10:01.200
guns and threatens to use them claims which the person later admitted they had no information or
00:10:08.560
observation of any of that the republican officials in an undisclosed state were also reported by state
00:10:16.540
democratic party official who said republicans were inciting violence by expressing displeasure
00:10:22.260
with the vaccine mandates jordan and johnson said these investigations were a direct result of
00:10:28.300
garland's october 4th directive to the fbi they noted the fbi agents ultimately determined that these
00:10:34.700
cases did not amount to terrorist threats but they lamented the waste of valuable law enforcement time
00:10:40.400
and resources that could have been expended on real and pressing threats the whistleblower information
00:10:46.000
raises a few concerns why because that means merrick garland lied to congress under oath over and over and
00:11:00.840
over again do you remember what he said quote i can't imagine any circumstance in which the patriot act
00:11:09.500
would be used in the circumstances of parents complaining about their children nor can i imagine a
00:11:15.040
circumstance where we would label uh parents as domestic terrorists well you just did
00:11:22.480
is anyone ever going to jail more news on the fbi congress has decided they're not going to look in
00:11:34.820
to the fbi's infringement of the free press so the house freedom caucus by the way support the freedom
00:11:41.720
caucus and if you have people in the state that you think should be in a freedom caucus
00:11:48.500
start a freedom caucus in your state you can go what was the web address was it state freedom caucus
00:11:55.360
dot org or something we we just had the guy who was running it on the other day uh and the we we need
00:12:03.260
freedom caucuses all over the country um you somehow actually remembered that website which never happens
00:12:10.420
you have it right in front of you and you misread it every interview but yes state freedom caucus dot org
00:12:15.060
congratulations uh the the uh witnesses uh were cheryl atkinson and james o'keefe cheryl we know what
00:12:23.520
happened with cheryl with the fbi or we thought we did she said yesterday under oath uh that um
00:12:32.800
uh she said the obama era gun walking scandal the bureau of alcohol tobacco firearms explosives shared her
00:12:39.880
experience of the u.s government breaching her electronic devices remember that the government
00:12:45.780
infected her computers with spyware in an attempt to identify her sources her story is well documented
00:12:52.620
uh in media reports and her litigation against the government which is still ongoing but she surprised
00:12:58.560
committee members when she told them that the fbi threatened to plant child pornography on her
00:13:05.360
husband's laptop quote one of the federal agents involved in one of the operations against me
00:13:11.160
said they intended to plant child pornography on my husband's computer this was the fbi it had not
00:13:17.700
accomplished in my um it was not accomplished in my case i can guess the curtain was drawn on that
00:13:24.240
facet of the operation before they could do it but imagine how you'd ever get out of that
00:13:29.760
they knew we had a young daughter at home can you imagine this is the kind of stuff that used we used to
00:13:39.600
think could never happen here now i don't know now i would say probably and if it's not it probably will
00:13:49.140
unless people go to jail now how is that gonna happen well we don't get mealy-mouthed worms
00:13:59.320
like uh turtle head mitch mcconnell who said two days ago uh i i think we all agree here uh that the
00:14:08.440
biggest threat to the world is ukrainian uh russian conflict no it's not no it's not the biggest threat
00:14:17.060
to world security is the collapse of the united states of america period and there's multiple ways we could
00:14:27.120
collapse and we have people in our own government actively working towards that collapse
00:14:35.440
and if you are a candidate and you don't get that you should not you should not be sworn into office
00:14:44.500
i'm going to introduce you in a minute here to a candidate um i want to get to know her because i
00:14:50.820
really want to like her i think i do but you know she's coming under attack like nobody's business i
00:14:57.380
want to give her a chance to explain and introduce yourself herself to you she's running for senate
00:15:02.520
uh in uh in pennsylvania we talked to her in just a few minutes
00:15:12.500
in what strikes me as a desperation hail mary we're at the you know we're at the very end
00:15:24.580
quick do something um dr oz uh or someone has released a smear uh campaign against kathy barnett
00:15:36.160
she's running for senate in the primary uh in pennsylvania she seems really strong she has just
00:15:43.240
taken off uh and uh i wanted to get her on to you know answer some of the things that dr oz or someone
00:15:52.780
who has four followers on facebook and this is the only video they've ever released gee i wonder who that
00:16:00.000
is um i wanted to see what she thought about this and have her be able to answer some of the questions
00:16:07.400
that have been asked here's the campaign ad privilege and classism in america today the reason for so much
00:16:14.160
unrest in the black community is because of white racism black americans feel disenfranchised
00:16:20.080
systemic racism specifically among police officers i recognize that there are inequalities still
00:16:28.000
throughout our country um i have the blood of slaves coursing through my veins white racism white
00:16:35.760
racism blessings okay kathy wow what a hatchet job that is uh you have your i think you're very clear
00:16:44.940
you've authored the book nothing to lose everything to gain being black and conservative in america kathy
00:16:52.200
welcome oh thank you so much for having me on i truly appreciate it uh so um uh are police
00:17:01.700
racist i mean you have racism exists we all know that i don't think anyone would say racism does not
00:17:10.200
exist right and there are bad apples in every area right i worked in the financial industry i know
00:17:17.220
there's some bad apples there in wall street there's some bad apples in university there's some bad
00:17:21.700
apples everywhere yeah but i have never said that our police officers as a whole are racist i have
00:17:28.780
never decried victimhood i have never said our nation is systemically racist i have always from
00:17:35.580
the very inception of black lives matter been one of their most ardent critics i remember under obama
00:17:42.180
they black lives matter started coming up and i remember looking at my black husband saying to him
00:17:48.080
at that moment the only thing black lives matter is going to do is get my black husband and my black
00:17:53.340
son shot and that's exactly what they have done all throughout black lives matter incorporated has
00:17:58.360
never been about black people i've been extremely clear there's hundreds of videos of me on fox news
00:18:04.160
fox and friends defying um black lives matter on facebook all over the place and yet you see you know
00:18:11.340
you know the reality is the swamp is not just comprised of democrats there's republicans too
00:18:18.520
you're seeing a lot of them but i'm so excited because we are clearly winning and i'm so excited
00:18:24.660
for the people of pennsylvania they're actually going to have a seat at the table and i'm so excited about
00:18:29.540
that so you did work in the financial uh district i want to talk to you a little bit about inflation and
00:18:35.420
what's going on where did you where did you work what did you do and where did you work i love it and
00:18:42.380
i love the fact that you're about to ask me a real question yeah i worked at ag edwards and sons right
00:18:47.980
out of college and i worked with bank of america capital asset management and glenn although i am
00:18:53.160
popping up on some people's radar yesterday as of yesterday i've been running now for 13 months i've
00:19:00.480
been i've been on sean hannity's show seven times between his radio show and the television never
00:19:05.920
asked me any of these questions in fact he was raving about me he loved me until i asked to the
00:19:11.060
picture um not one person they had 13 months to vet me called my campaign manager yesterday
00:19:17.300
demanded all these all this information that he didn't have readily available two seconds later
00:19:22.720
put out this article that i'm refusing to answer questions it's just a lie well i mean one of them
00:19:28.760
is selena de zito and she's a very good friend of mine and a very a friend to conservatives uh i
00:19:35.180
believe and very fair but she was one that uh couldn't get any couldn't get any answers i found
00:19:41.960
that to be very disingenuous again i've been running for 13 months they're acting like i clawed i crawled my
00:19:48.260
way from underneath a rock yesterday and just pounced on the scene the people of pennsylvania the reason
00:19:54.160
why we're going to win on next tuesday because the people of pennsylvania has done the betting
00:19:58.020
and now you have these outsiders who are looking in and like wait a minute we didn't get our pound
00:20:03.120
of flesh now they're coming in i in the only reason why i wanted to ask those questions is because
00:20:09.280
if you are the candidate we cannot lose this seat and so i just didn't want anything popping up
00:20:15.700
afterwards we can't lose this seat so let's talk about some real questions inflation biden says this is
00:20:23.720
russia and putin's inflation what is this yeah you know milton friedman uh nobel prize winning
00:20:31.860
economist said uh inflation is always in everywhere a monetary phenomenon meaning it's the federal
00:20:38.440
reserve right and now we as a nation are looking at the federal reserve to fix what the federal reserve
00:20:43.860
broke but in addition to the federal reserve breaking it with the quantitative easing and um
00:20:49.980
and calling it uh buying up all of the bonds from the treasury calling it transitory inflation when
00:20:58.480
they should have been putting a break on it in addition to that we have the the biden administration
00:21:04.540
and the failed policies of the democrat party with you know uh not allowed not making sure that
00:21:10.140
goods that were on containers were off those containers but were in the stores on the shelves
00:21:14.820
now we have a milk shortage now today i wake up to a news article biden is closing down more energy
00:21:21.860
um plants and pipelines and facilities so all of those things is the reason why we're here and just
00:21:28.600
to give you an example of that agriculture the number one industry here in pennsylvania uh i talked to a
00:21:34.720
farmer a couple of weeks ago he said this time last year they were paying forty thousand dollars
00:21:39.520
just to fertilize 600 acres of corn today he's paying 120 000 just to fertilize the exact same
00:21:48.060
600 acres of corn who are you who do you think going to eat that it's going to be the american people
00:21:53.200
this is what they're so afraid of is that you have someone who is substantive and who can speak about
00:21:58.800
all of the issues beyond the talking points i didn't become a conservative like mamut oz yesterday
00:22:04.300
i wasn't living in connecticut being a fund manager for the sovereign wealth fund of the
00:22:10.480
of the communist party of china like dave mccormick i don't have ties to the world economic forum and so
00:22:16.120
now that i'm winning they're pulling out the long knives they're highly editing these videos and
00:22:21.540
they're trying to paint a different picture pennsylvanians keep your head on a swivel don't let them
00:22:26.840
take away your one and only chance um let me ask you how you mentioned world economic forum how
00:22:32.280
where are you of esg um i'm a hard no good i know my comic is a yes okay um thank you thank thank you
00:22:43.120
for that okay um the uh the war in ukraine if you were in the senate today we have if this bill passes
00:22:52.820
we will have sent 58 billion dollars uh to ukraine so people know their total yearly budget for their
00:23:01.660
military is 6 billion and the total yearly budget for russia is 65 billion so we are almost sending
00:23:10.100
the entire russian military budget of a year over to ukraine would you be voting for it or not
00:23:18.620
we're dealing with no we're dealing with inflation we're dealing with mothers can't find i mean i was
00:23:25.380
literally on the phone with someone who was driving hours just because she heard there was baby formula
00:23:31.260
at a particular store we have some very real problems here in america and my heart goes out to the
00:23:36.880
people in ukraine my heart goes out to the citizens of russia who have no control over a regime that has
00:23:42.840
gone rogue but putin was a pariah uh under the trump administration and we didn't see this uh terror
00:23:50.120
and horror that he's inflicting upon the people i believe in order to make ukraine strong in order to
00:23:56.660
make the world safe again we got to start with making america safe again america is not in a
00:24:01.800
sustainable situation if we are fighting a war and for ukraine on their continent and then i do believe
00:24:09.140
china is going to do a hong kong on taiwan that is going to be very real can you imagine we're losing
00:24:15.420
allies left and right look at bangladesh and india they are pivoting away and they're cozying up
00:24:21.040
to uh to uh to our enemies um but imagine us being on two different continents fighting two
00:24:27.160
different wars um and where does that put us as amer as americans we need to look at how do we make
00:24:32.700
ourselves strong and that begins with just so you know as a senator i would want to create a foreign
00:24:39.080
affairs plan that doesn't look like a crazy game of whack-a-mole whatever pops up that's what we attack
00:24:43.980
but instead create a foreign affairs plan that extend beyond the life of just one administration that's
00:24:50.080
the purpose of the senate is to be deliberate to be sober to be thoughtful and not just pass on
00:24:56.380
whatever pops his head up kathy you would be walking into a hornet's nest i mean i i talk to people all
00:25:03.940
the time who are who are very well aware of evil and what's happening and every time they go to
00:25:12.300
washington they say glenn it is far worse than i thought and i thought it was bad
00:25:19.220
um we are going to have to have republicans in there that will fire and if people have done wrong
00:25:29.500
jail yes high level government people otherwise we lose our nation let me go to schools are you
00:25:38.600
willing to close down the department of education yes i've been very vocal about that i believe that
00:25:45.060
there was a point when they were necessary but i believe they've lived beyond their point of
00:25:49.100
usefulness and now they're getting involved in a bunch of foolishness um as it relates to mitch
00:25:54.020
mcconnell i think likewise uh similar to the uh department of education he served his time of
00:26:00.300
usefulness it's time to look for new blood and new new new ideas if you go to my website at barnett
00:26:05.720
for senate.com just so you know how serious i am about the corruption saving my own soul keeping my
00:26:12.940
own soul intact uh we put out on day one agenda the 10 the top 10 things i will focus on when i get to
00:26:20.900
washington dc use it as a scorecard tell me i've got about a minute can you just hit quickly just like
00:26:28.500
the most passionate ones here just quickly yes uh well number six is uh ethic and transparency my
00:26:36.580
husband and i have committed to not holding individual uh holding or trading individual
00:26:42.000
stocks we will only invest in mutual funds i think that i think that goes a long way in the corruption
00:26:47.300
of these uh people in office but also energy independence that will solve a lot of our problems
00:26:52.680
also our border we're on track for having four million unlawfully present people coming into this
00:26:57.960
nation uh and now biden wants to get rid of title 42 i think we really need to take a look at um you
00:27:03.980
know our nation is being destroyed from within uh i'm china is a threat but our main threat is coming
00:27:10.180
from within our own nation and democrats couldn't do what they're doing if they didn't have assistance
00:27:15.140
from some within our own party kathy barnett is her name uh so you know others have spent millions how
00:27:23.560
much have you guys spent on your campaign less than two million yeah and they're in three figures in
00:27:30.540
the in the millions you know eight figures nine yeah eight figures or nine figures in the millions
00:27:36.320
over 60 million dollars just just in the first five months alone amazing i spent less than two
00:27:43.720
million over 12 months and they're but i we've been doing 1500 miles a week we've had seven debates
00:27:50.320
mammoth oz and dave mccormick only showed up to two of them we've had several forums they wouldn't go
00:27:56.560
i think maybe two the other only ones they went to they don't want to be in front of the people but
00:28:01.840
they promise to serve the people i'm not buying it i wish you all the best the primary is what tuesday
00:28:07.080
yes five days five days all the best to you uh her name again is kathy barnett barnett for senate.com
00:28:17.020
if you want to get involved especially if you're in pennsylvania uh please do make your decision
00:28:23.960
because we cannot lose this seat and we have we cannot have it uh held by another mitch mcconnell or
00:28:32.740
you know mushy republican barnett for senate.com kathy thank you very much god bless
00:28:46.840
a guy i have to tell you is one of my favorites i could if i could made a list of you know the five
00:29:03.060
the five people i'm watching that can really change the world elon musk is probably number
00:29:08.660
number one number two is probably vivek ramaswamy uh ramaswamy uh swamy who is with us now if i can
00:29:15.060
get his name right he's the author of woke inc but he just did something that ravake thank you
00:29:21.960
you are you are in the position to do something you're in the position where you don't have to do
00:29:30.480
something and you are taking on black rock the right way can you explain what you're doing
00:29:37.540
yeah so we're taking on the three largest asset managers in the world glenn starting with black
00:29:44.160
rock who is managing over 10 trillion dollars that is one firm managing more than half the u.s gdp
00:29:49.660
and here's the problem glenn they are using the money of everyday american citizens most of the
00:29:56.520
listeners of this program yours and mine to foist values onto corporate america to advocate for
00:30:03.020
policies in corporate america to vote our shares in corporate america in ways that we would disapprove
00:30:09.560
of to advance these social and environmental policies that we should instead be debating as
00:30:14.820
citizens amen and you know glenn i just want to you want to you know i mean you know this stuff well but
00:30:18.940
just think about this as a second for a thought experiment all right if you had the ceos of exxon
00:30:24.200
and shell and chevron get together in a room and say we're going to cut gas production and then gas
00:30:30.440
prices spike at the pump as a result this would be the stuff of movies people would be walking out
00:30:34.980
perp walks and handcuffs okay it's antitrust violations yet guess what when the same owners
00:30:40.320
of these competing firms all force those firms to do the exact same thing somehow that gets celebrated
00:30:46.620
as esg instead that is a problem and that's a problem we're solving through competition and so my
00:30:53.120
message to black rug was really simple good news is we're going to solve your antitrust problem
00:30:57.060
the bad news is we're going to do it by taking market share by actually representing the voices
00:31:01.460
of everyday american citizens in every boardroom in this country eventually that's so when will this
00:31:07.260
begin when can average people move their their 401ks or their investments over to you
00:31:14.140
so the the movement begins in the third quarter of the year what we said was that
00:31:22.120
the first products will launch in the third quarter this was just unveiling the company
00:31:26.240
itself and i have been humbled i've been blown away by the level of support we've received
00:31:30.840
in fact the number of employees of the big asset managers including vanguard and blackrock and state
00:31:35.740
street who have said we are and these are these are their words not mine in one case a message i got
00:31:40.100
we're fed up with the nonsense ready for something new and you know what i don't hold it against
00:31:45.240
employees who are willing to move with their own feet i actually give credit to brave people who are
00:31:49.440
willing to act on their convictions and you know what these firms didn't act this way 20 years ago
00:31:53.940
this is a newer trend and so even for employees of these large asset managers who have seen the
00:31:58.920
lurch that these firms have taken i give those employees credit and our our doors are wide open
00:32:03.780
but to answer your question glenn it's the third quarter of the year that we'll be launching the first
00:32:07.100
product the vague the you know i've been preaching this esg stuff uh for a while now uh and yes you
00:32:15.960
have couldn't get uh couldn't get the um uh the states you know we had about 20 of them but so many
00:32:23.840
republicans even are like that's a private business they can do whatever they want well s&p global just
00:32:31.020
came and said we're now rating the states with esg scores so you may you may lose uh your status
00:32:41.780
for businesses because we may not be able to recommend that people do business in your state
00:32:47.240
at a certain point we should just call the charade for what it is we tell ourselves we live in a
00:32:52.620
democratic society let's call the charade for what it is and start bowing to our monarchs instead
00:32:57.440
this isn't even a battle between left and right glenn this is a battle between living in a democratic
00:33:02.040
republic and living in a monarchy where a certain group of corporatocrats people who run a
00:33:07.140
corporatocracy a monarchy decide what the right answer is to these moral questions for everybody
00:33:12.020
else now i don't think that public policymakers are up to the task i think you agree with me on that
00:33:17.220
i also think that a lot of public policies can have unintended consequences that's a different game
00:33:22.360
that's not the game i'm playing at the end of the day i think that the market here the actual
00:33:26.740
market the true free market not the one that's guided by the invisible hand of government but the
00:33:31.760
one that's actually guided by the demands of everyday citizens that's the system that i think
00:33:35.980
could deliver the cleanest solution if brave enough people are step enough or are actually brave enough
00:33:40.800
to step into that void i think there's a great economic opportunity i also think there's a great
00:33:44.640
opportunity to change our culture so that's the path i'm taking that doesn't mean that policymakers
00:33:48.200
can't act it's just that i'm focused more on the market track you know it's amazing to me i see
00:33:52.480
these companies these media companies that sell for you know a billion dollars and they got nothing
00:33:57.760
we're the largest streaming network for right of center in the world it's like worth ten dollars
00:34:06.560
it's like you know you're never going to be able to sell that you're like the the market doesn't
00:34:12.360
understand and they refuse to understand that i don't know half the country doesn't agree with them
00:34:21.220
and still wants products and glenn it's it's let me let me just give you one shade further building
00:34:27.700
on what you said i agree with everything you said but further the hundred plus million people the
00:34:32.280
hundred fifty plus million people you're talking about when you adjust for spending power when you
00:34:36.820
adjust for investment power when you adjust for being good credit risks good good insurance risk
00:34:41.940
people don't lie on their credit card applications people who have actual savings to put into investment
00:34:46.040
funds people who are hard workers people who are sticky customers that actually becomes one of
00:34:50.780
the largest economies in the world right now that being said i wanted to share with you my perspective
00:34:55.260
here i don't want to see a red economy and a blue economy in the long run either this is beyond this
00:35:00.240
is beyond democratic and republican partisan politics i actually want to get politics out of the private
00:35:05.220
sector yes but we're not starting from neutral territory and so i think using market competition
00:35:09.760
and competitive force to bring that true diversity to the marketplace of ideas when right now especially in
00:35:15.500
capital markets glenn we have one view it is the esg centric view and esg is whatever blackrock
00:35:20.700
decides it means on a given day what we really need is just true competition and true diversity if we
00:35:25.040
get there i'm happy and i don't want partisanized economies left at the end of it i actually think
00:35:29.720
that they can the economy can bring us together the private sector if it's depoliticized can bring us
00:35:34.120
together we're just taking the steps to get there well i mean if we have to have a parallel economy
00:35:39.200
but then we have to have it but a parallel economy will take money from the other side and they'll
00:35:45.200
either get competitive or they'll be destroyed that's exactly right now i predict the way this plays
00:35:50.160
out isn't that we have two permanent parallel economies but companies like airbnb and blackrock
00:35:55.460
and disney and for that matter you know every other company in corporate america is going to wake up
00:36:00.080
and say five years from now our approach to diversity and inclusion probably wasn't as diverse and
00:36:05.000
inclusive as we thought right they swing the pendulum back that's how we get our culture did you
00:36:08.580
see that blackrock what they announced today i think it's because of you of course i think i
00:36:13.780
mean i think it is i don't mean to falsely pat myself on the back or anything for credit it's not
00:36:17.020
about me it's about them trying to put the toothpaste back in the tube right so now what are we going
00:36:21.780
to see from blackrock mark my words they're going to say well those proposals we put up a couple
00:36:25.980
of years ago we want to roll those back a little bit you know what i would say is that that is the
00:36:30.600
example of a of an institution that operates without a soul i would rather have somebody who has a
00:36:36.500
different view who we could engage in healthy debate in the open rather than to debate with
00:36:41.440
somebody who wants to look like a flag but waves in whatever direction they think the wind is blowing
00:36:45.860
now they're trying to put the toothpaste back in the tube i think i have a very difficult time doing
00:36:50.460
that but i think it's revealing even how they sense the tides are changing we're going to lead that new
00:36:55.340
tide hopefully to a more positive so i only have about three four minutes left and i want to ask you two
00:36:59.200
questions um and they're they're they're just ethical questions that i don't know how to solve
00:37:05.220
both in the news today goldman sachs back firm buys florida community of single family homes for 45
00:37:12.340
million dollars blackrock is doing this too they're coming in they're paying overpriced they're buying
00:37:17.540
whole neighborhoods i don't want to tell companies that they can't do that i wouldn't be opposed to that
00:37:24.040
if it wasn't for esg and the great reset which says you're not going to own anything by 2030
00:37:32.100
um and everybody will be renters so what do we what do you think of this and how do we deal with this
00:37:39.440
it's a great question glenn i like the intellectual honesty with which you're approaching this too
00:37:43.820
this traces back to a deeper problem of the government effectively having a private sector suckling
00:37:50.100
at its teat over the last two years but in return for the trade of making sure that those private
00:37:55.000
actors implement government policies through the back door that government couldn't pass through the
00:37:59.580
front door so institutions like blackrock are effectively benefiting from a decades-long policy
00:38:05.160
of not only easy money from the fed but also treasury spending that of course if you look at who
00:38:09.560
administered the covet 19 stimulus packages guess what it was none other than blackrock taking their
00:38:14.680
rake at every step as well so this is crony capitalism so if it's if it's a truly free market
00:38:19.440
and private institutions are deciding deciding to invest in real estate you're right i don't think
00:38:23.740
that that's something that we should worry about as policymakers or policymakers should worry about
00:38:28.060
in saying that that's something that they shouldn't be allowed to do but we don't live in that free
00:38:32.260
market right now it's the invisible hand really the invisible fist of government that's engaged in a
00:38:37.280
mutual back scratching exercise with firms like goldman sachs that's been happening since 2008 but also
00:38:42.420
with firms like blackrock in more recent years that make this the illusion of the free market but
00:38:47.780
they're using the slogans of free marketism as a as a slogan to defang the conservative opposition
00:38:53.780
that you would otherwise feel in the intuitions but conservative dogma says that we shouldn't
00:38:58.020
interfere with the free market right i think that's correct so long as we restore the actual free market
00:39:01.960
so that's a complicated issue yeah no i appreciate your answer um we're talking to vivek ramaswamy um
00:39:08.020
i two two kind of in the same uh question there's a story from cnn today tesla stock slide raises doubts
00:39:17.280
about elon musk's twitter purchase i think they're sliding just like everybody else myself and the other
00:39:23.880
the other thing that i really would like your view on uh there's a story in fortune today coinbase
00:39:31.660
admits users may lose crypto if exchange goes bankrupt now when i read the headline my first thought was
00:39:38.800
good lord are they going bankrupt this is the federal government requiring them to uh disclose
00:39:46.380
what would happen in worst case scenario and now it's being reported on uh and the average person will
00:39:55.820
look at this and go oh there's trouble at coinbase is this just another game that cnn is playing with
00:40:02.600
tesla and the united states government is playing against cryptocurrency so you understand this really
00:40:08.880
well glenn your intuitions are in the right place and they're doing this all over the place you're
00:40:12.620
seeing it in the green revolution too where they use the veneer of disclosure oh we're not we the
00:40:17.620
regulators aren't really forcing companies to pass a particular agenda of course we would never do that
00:40:22.260
we're just picking certain areas where they have to over disclose their risks such as climate risks
00:40:28.200
and you could see the war on crypto has a very similar feel to it too it rhymes with it in the
00:40:32.400
same way well guess what the disclosure regime is really just a vehicle for packing in for smuggling
00:40:38.980
in a viewpoint based agenda that forces companies to either bend the knee in a certain direction
00:40:44.320
or not and when you combine that with the forces of the media which has really just become a fourth
00:40:48.520
branch of government in many senses that's how you use this soft power it's not hard legislative
00:40:53.760
power though that may be coming soon too but it's the soft power of using the combination of a
00:40:58.440
disclosure regime with regulatory pressure from the back door with regulatory favors given to large
00:41:04.300
existing incumbents that then create the conditions for nothing but the right answer which is the esg
00:41:09.280
centric answer to have been the product of what they will say is the free market of course it's really
00:41:13.940
just the invisible fist of government and the more totalitarian and i don't use that word lightly but the
00:41:18.420
more totalitarian forces behind it conspiring to get to that same outcome so i appreciate your
00:41:23.820
insight in helping people see through what otherwise seems like a much more ordinary less nefarious affair
00:41:29.860
i mean i tell you you you say authoritarian um the the title of my book is the great reset uh 21st
00:41:37.780
century fascism uh and it's uh people were like that's you can't say fascism that but that's what it is
00:41:44.560
it is that the classical definition of fascism is the merger of corporate power and state power and i
00:41:51.620
think we are seeing the beginning of the rise of that on modern american soil and in some ways we
00:41:56.520
fought we fought a revolutionary war in 1776 it was not a war between partisan on one side or another it
00:42:02.960
was a war between the everyday citizen and the monarchical class back in 1776 and today the new
00:42:09.900
battle line is between the everyday citizen and the managerial class in the united states isn't that's
00:42:15.600
not left or right it's something more fundamental than that and isn't it crazy that it's happening
00:42:20.200
all over the world it's happening in every western country and it's being misidentified in every country
00:42:28.800
you nailed it this is a transpartisan transnational war for the heart and soul of both capitalism
00:42:37.120
and democracy and i even you know to be fancy about this i think transpartisan transnational
00:42:41.540
i even say it's trans temporal okay there was this was transnational back in 1776 the french
00:42:46.680
revolution played out 13 years later it was a transatlantic battle then too we live in one of these
00:42:51.580
moments where it's like it's like the the the dose in the water it's kind of like it was back in 1776
00:42:58.060
this goes beyond geographic boundaries and partisan boundaries it is the human struggle between the
00:43:03.580
citizen and the monarch between the citizen and the managerial class that's what's at stake today
00:43:08.440
and we side on the side of the everyday citizen i'm just choosing to do it not through policy but
00:43:12.820
through actually creating a vehicle to compete with these new monarchs like blackrock and vanguard
00:43:16.940
so that's why i i set out to do what i'm doing the vague i cannot and i mean this sincerely
00:43:21.640
i have waited for people like you to start standing up and you have for a long time but i mean
00:43:28.640
standing up and and i mean you're going against blackrock and uh and others you're you're i mean
00:43:35.760
you're going to get slapped around thank you thank you for that i appreciate it you give a lot of people
00:43:41.460
including me hope thank you glenn appreciate it take the support every step you bet the vague ramaswamy
00:43:47.420
uh the author of woke inc uh and uh talking about his startup uh that's going after blackrock and esg
00:43:59.680
na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na