On today's show, the boys talk about the new hammock pouch, Elon Musk's new role as a major shareholder in the social media giant, and how the world is on the verge of real freedom of speech again in the mainstream.
00:05:30.860This is one of the things that really bothers me about this, is everybody is just so convinced that this is all going to work.
00:05:38.520When they're talking about, when I first read the World Economic Forum website, and they were unveiling all of their plans, when I got to the food thing, I realized these people are criminally insane.
00:05:57.000You're going to take 10,000 years of farming and flush it down the toilet and come up with a new system of farming, literally from seed to plate.
00:06:11.740And you're going to do that in eight years?
00:06:16.420That's not criminally insane or criminally arrogant at all.
00:06:20.880Anyway, he said, I initially believe that it was a flawed concept that needed fixing.
00:06:27.260But after two years of interactions with people who claim to know the concept really well, but don't seem capable of making solid cases for it and witnessing its takeover by well-heeled entities with agendas,
00:06:42.900I'm convinced that there will soon be room for only two types of people in the ESG space.
00:06:48.660The first will be the useful idiots, well-meaning individuals who believe that they are advancing the cause of goodness as they toil in the trenches of ESG measurement services, ESG arms of consulting firms, and ESG investment funds.
00:07:06.900The second will be the feckless knaves who know fully well the void behind the concept, but see an opportunity to make money.
00:07:16.600I know those are not edifying choices, but I don't see any good ones other than leaving the ESG space completely.
00:07:41.720A new world order is emerging and the world is not ready for it.
00:07:47.760This is written by the chief executive officer of the Atlantic Council.
00:07:52.100And so, you know, somebody who was like, yay, world order.
00:07:56.480But he says that we're not ready for it at all.
00:08:00.240He said, are we ready for the new world order?
00:08:03.100That's the provocative title title of the panel that led off the ambitiously named world government summit last week.
00:08:11.860And it was framed to suggest that a new world order is emerging and the world's not ready for it.
00:08:16.340There has been a proliferation of writing about who will shape the future world order since Vladimir Putin launched his invasion in Ukraine.
00:08:25.040The tempting conclusion, should Ukraine survive as an independent, sovereign and democratic country, the U.S. and Europe-backed forces will regain momentum against the previously ascendant Russian-Chinese forces of authoritarianism, oppression and, in at least Putin's case, evil.
00:08:46.240I think we can say that about China, too.
00:08:48.720Can we, can we pony up maybe to the big boy table just for a second and say, yeah, I think we can call the regime in China evil.
00:09:00.640Sounds like good news, but there's a downside.
00:09:03.840My conversations in Dubai at the World Government Summit and the Atlantic Council's Global Energy Forum show little enthusiasm or conviction for this bifurcated vision of the future.
00:09:14.420The Middle Eastern participants have no interest in abandoning, abandoning relations with China, the leading trading partner for Saudi Arabia and the United Arab Emirates, or breaking with Russia, which established itself as a force to be reckoned with when it saved Syrian President Bashir al-Assad through its military invention in its war.
00:09:37.020Beyond that, our Middle East partners have lost confidence in America's commitment to global leadership or confidence following last year's botched Afghanistan withdrawal.
00:09:48.380They're also experienced whiplash from the Trump administration that trashed the nuclear deal with Iran to Biden's administration, which they feel is pursuing it without sufficiently factoring in Tehran's regional aggression.
00:10:01.500In all my many years in the Middle East over the years, I have never heard this level of frustration from Mideast government officials with American policymakers.
00:10:13.160So he goes on to talk about how there have been now three attempts to organize the world.
00:10:21.060And he said it was the Treaty of Versailles and the League of Nations, which got into European fascism and everything else.
00:10:30.060Then World War Two, you had the Marshall Plan and Bretton Woods.
00:10:35.580Then you had the third effort, he says, is the Cold War ending where it became a unipolar world.
00:10:58.960Why are all of the biggest magazines, think tanks, scholars all talking about this, including our president, saying that there is a new world order?
00:11:12.360You must break out of the box of your thinking.
00:15:15.500And we will feel it clearly next year more than this one, because most of the fertilizers that the farmers need this year has already been bought.
00:15:26.480In 2023, there will be a shortage in poor countries in particular.
00:15:29.940For example, in Africa, will no longer be able to afford basic foodstuffs.
00:18:02.720There's a great story that's, that was at Washington Post today, that was saying, you know, I got to tell you, Joe Biden's economy is great.
00:18:15.280You want somebody to blame, blame the Fed.
00:18:17.940Well, yes, except the Fed is in bed with the federal government.
00:18:23.500I should say the leftist of the government.
00:18:25.900If you want to, you want somebody to pin the blame on, just so we can fix the problem, not just to point fingers, but to fix the problem, it would be the Federal Reserve.
00:18:36.060Now, I don't know if you know the scary story of how it came to be, but it is the creature from Jekyll Island.
00:18:46.320This is a new book by the Tuttle Twins, and it's part of their series, but I, this one is so important, I think everybody should read this one, even Ben Bernanke.
00:18:57.600It is the Tuttle Twins and the creature from Jekyll Island.
00:41:23.680Let me tell you about American financing.
00:41:25.480If you are looking to save money, you're looking to buy a house, if you want to get rid of those high interest credit cards, now's the time to do it.
00:41:38.760They haven't seemingly, like the market keeps going up, but they don't seem to be pricing in the fact that inflation and interest rates are going to be going up.
00:41:47.780I mean, this is something where you have this small window before they've actually increased, where you can lock these low rates in.
00:41:53.080And I have a feeling, I mean, the Fed now has just came out last week or the week before and said, looks like we could go up in the next few months, two points in interest rates.
00:48:47.400It's amazing that this long after we're trying to take and tell truckers in their trucks by themselves, driving around the country that they have to get vaccinated or they can't work.
00:49:00.580But we have not been doing this to illegal immigrants crossing this border.
00:49:17.520I went to Phoenix this weekend, the flight out.
00:49:19.620And I walk on and I have the, I mean, I have the mask right at the tip of my nose and the steward, as soon as I walk in, she just points at my nose and gives me a dirty look like, get that above your nose.
00:49:31.020I just wanted to say, are you serious?
00:49:50.100They can take away your right to fly and everything else.
00:49:53.660I mean, it enough, enough, especially on it.
00:49:58.280I mean, do we have to say it, especially on an airplane with the highest quality air filtration you get anywhere in your life is on an airplane and this is the place where it is.
00:50:07.740And the reason why it exists still, it's the one place that they have Joe Biden can still control.
00:50:17.700Can't even control California, but he can still control these planes.
00:50:21.340So they're talking about now giving all these vaccines and they're, they're thinking about pulling medical personnel from our VA hospitals.
00:50:31.840People who went to combat might have to wait for a while because we got to give medical attention to illegal immigrants on the border.
00:50:42.940The Biden administration is also looking at doing NTAs notices to appear with minimal biometric data and vetting just to get people through.
00:52:16.140I bet it's 2 million because if 500,000 are coming in, in the first six weeks, that's gotta be a bit of a number of 4 million by the end of the year.
00:52:31.120Oh, and by the way, they're not completely blind to the problems it's going to create.
00:52:35.720There's going to be a lot of people whose, um, pronouns, the border patrol is going to get wrong.
00:52:42.000And so they put out, uh, last week, some new regulations.
00:52:46.460The border patrol has all of the LGBTQI plus, uh, pronouns and the ways to deal with people, the gender neutral language, and they will be held accountable.
00:52:58.460If they're not using gender neutral language, our borders, our border patrol.
00:54:09.140The problem has been, is worse from when that first started under Biden has increased this entire time and remained at these high levels.
00:54:17.560And now he's going to do this, which is something that is guaranteed to make the problem much, much worse.
00:54:23.660And this is why we kind of, as you were teasing earlier, we were discussing off the air.
00:54:28.060What just politically speaking, what is going on here?
00:54:31.840Because the, the, the history of this title 42 is basically at the very beginning of COVID Trump stepped up and said, Hey, we don't know what's going on with this.
00:54:41.300We don't want any outbreaks coming in across the border.
00:54:43.600We need to shut, we need to shut that situation down and get, which is completely consistent with all of his other policies.
00:54:50.980I mean, he got blamed, you know, Oh, he's a racist.
00:55:33.400So Biden comes in on a campaign, especially to his hardcore left-wing supporters, where he tells them constantly, I'm going to undo all these unjust border policies of Donald Trump.
00:55:46.100Number one on the list is this is title 42.
00:55:50.140Everyone's expecting within the first week, he's going to lift this thing because obviously it's just, it's just, uh, you know, targeting minorities.
00:56:22.340The people on the left correctly say, you're just, you're just extending Trump's policies because it, what helps you control the border and you don't have another massive political crisis on your hands, but we don't care about that.
00:56:36.800So this pressure has been rising from the far left for a long time.
00:56:41.640And now here we are in 2022, the elections underway, uh, you know, basically we've already had primaries, like we are in the middle of it right now.
00:56:49.960And right now is when they're going to lift this, this, uh, rule, which is going to allow millions of people to cross the border.
00:57:00.560And it's almost definitely going to cause a massive crisis, which is just, if you're going to do it, either you do it when you first get in and you get through that wave.
00:57:10.260And you, by the time 2022 rolls along, you're through it, or you wait until December of 2022 after the election's over, when you still have Congress, you don't need Congress for this particular rule, but like you still have the support, you get anything you need to get done.
00:57:44.940Or he's thinking we are so lost in this election that we just need to sure up the base and get as many of these blue districts to remain blue.
00:59:27.560What do you think that's going to do to hiring?
00:59:32.920And when there are more mouths to feel a feed and our cities are overrun, how do you think that's going to work to the Democrats advantage?
01:01:27.520Barack Obama is going to the White House tomorrow when he will join President Biden and Vice President Harris for a health care event.
01:01:36.460He's going to deliver remarks celebrating the success of the Affordable Health Care Act and Medicaid in extending affordable health insurance to millions of Americans.
01:01:48.600This is being done because Joe Biden is going to be adding more benefits, more benefits to the to Obamacare.
01:02:58.600And this just adds to that pressure, you know, increasing taxes.
01:03:05.580I mean, the taxes alone, if you don't think all of that tax money that's going on to the corporations is going to be paid for by the consumer, you're sorely mistaken.
01:03:16.180If you don't think that it will it will it will cost jobs, you're sorely mistaken.
01:03:22.820You know, it's going to mean lower employees hiring lower employment numbers.
01:03:40.220It's going to be extra frustration because you won't be able to make ends meet and your employer is not going to want to give you a raise.
01:03:48.320And you're going to have to pay through the hidden tax, the passed on tax every time you go try to buy a product that these corporations are selling because they're not going to take 10 percent of their earnings and just eat it.
01:04:03.920They're going to pass that tax on to you back in a minute.
01:04:10.920We have a very brave governor on with us in just a second.
01:07:40.340More people employed manufacturing since 2008.
01:07:43.960And frankly, none of the nonprofits who are asking for this money have ever been able to show me that somehow things today are different from 2019.
01:07:52.680So we just don't have a justification for taking this money.
01:07:55.200And now, of course, the second round of this emergency rental assistance program is not even tied to covid.
01:08:01.600Well, that's big government socialism, right?
01:08:03.460We don't want to just pay people's rent.
01:08:05.080That's not who we are in this country and certainly not in Nebraska.
01:08:08.580And yet I've got a legislature who is trying to who's passed a bill, which I vetoed, that is trying to force me to take this additional federal money.
01:08:16.240And the veto override will be tomorrow, Tuesday, April 5th.
01:08:19.280And so I'm encouraging people to reach out to their state center and tell them don't take this big government socialism program.
01:08:24.340So what is the Republican excuse for this?
01:08:27.960Because you have, if I'm not mistaken, you have about 40 percent of all the money from the first round still sitting there waiting to be used.
01:08:36.700So if people need to have a bailout, you know, on their rent because of covid, find it kind of hard to believe at this point.
01:08:45.580But if you did, all right, you got 40 percent of the money you got last time.
01:08:50.400So what is their excuse as Republicans?
01:09:50.580If you're paying people's rent and all the other benefits we've doled out here and here in the state of Nebraska now, we're either we've either distributed or in the process of distributing over twenty one billion dollars.
01:10:03.900And I've had landlords contact me to tell me, like, they see the people that are in these programs and they're by and large a lot of people who could be working.
01:10:11.840And that's the problem is if we're paying people to stay home, they will.
01:10:14.300And that's what we need to get people back to work.
01:10:18.140They teach people to be reliant on government, especially when they're not even related to being COVID related anymore.
01:10:23.160Yeah, I understood, you know, when the government was putting people out of business and then telling people, you know, you don't have to pay rent.
01:10:33.120And, you know, what about I didn't have a job because I didn't have a business because you told me to close down?
01:10:38.460At that point, I understood it, especially, however, in your case where there are more people employed than there were prior to the pandemic.
01:10:49.680You seem to be on the right track, one of the few places that are really on the right track.
01:10:55.140I know wanted help wanted signs are everywhere here in Texas.
01:10:59.180And it's not because we're growing jobs faster than we're importing people.
01:11:03.940It's that there are too many people that just have decided not to go back to work or that those jobs are beneath them.
01:11:38.840But unfortunately, many times you get so many folks who get elected that don't have fundamental principles.
01:11:43.980And so they kind of blow in the wind, whichever the, you know, the trend is, you know, whatever the de jure of the day, you know, the policy.
01:12:34.300We slowed the spread of the virus while letting people live a more normal life so that we were able to keep our mortality rates down, keep kids in schools, keep people in their jobs.
01:12:43.240And that momentum helped to carry us through this pandemic.
01:12:46.040And like I said, I ended the emergency last June on the pandemic.
01:12:49.820So we're actually pretty much back to normal now, which is why we don't need additional programs to pay for people's rent.
01:12:56.860You know, there's always been people who have been impacted by different circumstances that need help with their rent.
01:13:03.840And we should work to help those people.
01:13:06.380But a big government program like this, where it's another, you know, $120 million coming into our state that would just basically teach people to stay home, that's not what we need.
01:13:16.580That's not how we're going to get people back to work.
01:13:18.280We need to engage people, get them back into the workforce.
01:13:21.500You know, here in Nebraska, we do have the highest workforce participation rate, the highest employment to population per capita ratio.
01:13:27.500So Nebraskans do like to work, but we need more people back in the workforce, and paying them to stay home is not going to do it.
01:13:33.560Governor, I have to tell you, this is the best story I've heard in a while.
01:13:37.780The story that I always loved from the Depression was Hoover.
01:14:51.600That's what we should continue to do is look to take care of folks in our local communities and not ask for federal money when we don't have a federal emergency.
01:15:00.340We're supposed to be taking care of ourselves.
01:15:02.020That's always been the strength of our country.
01:15:04.300Going back to Alexis of Tocqueville, he commented on that, you know, in the 1830s.
01:18:45.140And when you do pallets of cash, because you might lose and you're not going to be able to just grab the pallets and run with the cash, you might have to leave it behind.
01:18:56.460In World War II, does that sound familiar by any reason or anything?
01:18:59.940In fact, I kind of remember this from the Afghanistan withdrawal.
01:19:38.840Because if we lost the island of Hawaii, we didn't want the Axis power to have all of our cash.
01:19:48.260And so what we did was we made sure that if we had to leave Hawaii or if we lost in Africa, we could just say the treasury is no longer accepting the yellow seal or the brown seal marked Hawaii.
01:20:07.900And that way, the Axis power couldn't use the pallets of money.
01:20:15.680Now, let me ask you, do you think we did that in Afghanistan or on the tarmac in Iran?
01:20:25.280Wait, just even if you didn't cancel it, when we send all that pallet of money over to Iran, wouldn't have been interesting if we marked it in some way.
01:20:36.580So we at least knew how it had traveled, whose hands it got into whose hand is that going to.
01:37:48.960You know, how you can look at what has happened over the past couple of months and think that what we need to do is invest less in fossil fuels is beyond me.
01:37:59.160We absolutely should be investing more, even Elon Musk, who is, again, not just a global warming believer, but is completely insane in this belief.
01:38:35.400He's saying things like, hey, we need to really ramp up our oil and gas drilling here in the United States because it only helps his company.
01:38:46.240By the way, the new budget from Biden, 11 different tax increases on the oil and gas industry, which the deduction.
01:38:56.680They're getting rid of the deduction for intangible drilling costs, which allows independent producers to immediately deduct business expenses related to drilling, such as labor, site preparation, repairs and service work.
01:39:08.7602014 by Wood McKenzie consultant repealing the deduction for those would result in a $407 billion reduction in investment.
01:39:20.360Roughly 25% of the capital used by producers to continue investing in new projects.
01:39:26.460Okay, but but but only 25% that's one of the taxes that he's putting on oil and gas, plus your ESG back in just a second.
01:39:38.340I don't know if you saw, but it looks like Russia is golding going on a gold standard.
01:39:43.760Russia is saying you can only buy their their oil now and gas in rubles.
01:40:22.060Things are going to be so radically different soon and you're going to be in a situation to where you're going to have to make choices that you're not going to want to have to make.
01:40:32.680But by not making the choice to call gold line today, you are making a choice and it will limit what you're able to do in the coming months and years.
01:41:04.460They were a I was a client of them before they were a client of mine.
01:41:08.940I believe in this this company right now.
01:41:11.840They are offering six percent in bonus medals for qualifying IRA orders that you can either put into your IRA account or have delivered directly to you.
01:41:47.120He was in a speech and he said he's thinking about reevaluating Disney special privileges for Florida.
01:41:54.120He said somebody said, hey, Disney has all these special perks.
01:41:57.880Should you retaliate against them for coming out and demagoguing this bill?
01:42:02.560I said, I don't believe you retaliate.
01:42:04.880But I do think as a matter of first principles, I don't like special privileges in law just because one company is powerful and they've been able to wield a lot of power.
01:42:14.540Uh, you have no idea what that means to Disney that would be massive to Disney when Walt first started to negotiate for Disney World.
01:42:30.060He was buying up so much land and only the all the states were vying for him.
02:02:53.120You don't need any special exemptions from us.
02:02:55.900And, you know, if you want to be a good steward, I mean, you would have lost your EPA thing if you were out just shooting alligators all the time.
02:03:31.920I think that, you know, you've got to make the decision, is it good policy or not?
02:03:34.960It stays if it's good policy, but I would like to see any...
02:03:38.040I'll give those rights to anybody who's, generally speaking, a good steward of the community and will zip it on these issues and stay the hell out of them.