The Great America Show - March 29, 2022


AMERICA FIRST IS REPUBLICAN AGENDA

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AMERICA NEEDS TO INSTILL OUR JUDEO-CHRISTIAN VALUES EVERYWHERE IN SOCIETY THE AUTHOR WHO FORESAW PUTIN’S INVASION OF UKRAINE

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Length

52 minutes

Words per minute

148.11

Word count

7,762

Sentence count

505

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Misogyny

3

sentences flagged

Toxicity

7

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Hate speech

18

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Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

On today's show, host Lou Dobbs talks about the latest developments in the Ukraine-Russia peace process, including a reported poison attack on a Russian oligarch, and the upcoming mid-term elections. Also, Congressman Jim Jordan joins the show to discuss his trip to Ukraine, his thoughts on the Biden-Putin summit, and much more.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Hello everybody, I'm Lou Dobbs. Ukraine and Russia are apparently ready to resume their
00:00:06.360 negotiations for a ceasefire in the war that has been underway for 33 days now. President
00:00:13.420 Vladimir Zelensky trying to create some impetus for the truce talks, saying he's now ready to
00:00:19.680 discuss neutrality, as he put it, for Ukraine. And as Russian troop movements indicate Vladimir
00:00:26.440 Putin is organizing his forces for what possibly could be a partitioning of Ukraine into two
00:00:33.540 separate states, west and east. The easternmost of the states would likely include the now Russia
00:00:40.300 recognized Republic of Donetsk and Republic of Luhansk. That's partly my speculation and presumes
00:00:47.640 that Putin is ready to hold substantive talks. But it's also based on a Zelensky statement that he
00:00:54.380 would compromise on the, quote, status of the Donbass region. Depending on the details, such a
00:01:01.380 compromise and result would meet Putin's demand for a further buffer with NATO nations on Russia's
00:01:08.380 western border and assure the security as well of the Donbass region, including the two republics of
00:01:15.560 Donetsk and Luhansk. I'm also skeptical of whether Zelensky's political supporters will allow him
00:01:21.980 to agree to a partitioning of Ukraine and whether Putin will agree to anything less. And the war
00:01:29.300 goes on. And so does the bombardment of western Ukraine, including Kiev, a brutal, deadly Russian 1.00
00:01:36.620 offensive now underway. And we've learned in the past 24 hours that the peace talks between Russia and
00:01:43.220 Ukraine got off to an unexpected and potentially lethal start. The Wall Street Journal reporting two
00:01:50.340 Ukrainian representatives to those talks and Russian oligarch Roman Abramovich suffered symptoms that
00:01:57.760 resulted from what was possibly a poison attack. Some of their symptoms, including irritated eyes,
00:02:05.060 pain and peeling flesh on their faces and hands, indicated poison. The condition of the three victims
00:02:12.380 has improved and we're told they're no longer in danger. President Biden is still trying to explain to
00:02:19.200 the world, and in particular to President Putin, that in no way did he intend to say he wanted Putin
00:02:25.380 removed from his office. Although he did say that Putin, quote, cannot remain in power, end quote.
00:02:34.660 That apparently is now inoperative in the Biden White House. And Biden's budget plan for the next fiscal
00:02:41.400 year calls for almost $6 trillion more in spending. The Biden budget is busted already, in my view.
00:02:49.500 There's little chance the public won't be outraged by more out-of-control Democrat spending.
00:02:55.460 Last month, the federal budget deficit was over $200 billion, and the national debt well over $30
00:03:03.160 trillion now. Our national debt is 125% of our total gross domestic product. That's not good. Not good
00:03:14.320 economics, not good politics, and not good for the country. As for the loyal opposition, the Republicans'
00:03:21.340 House members held their annual retreat to strategize ahead of the fall midterms, which they expect to put
00:03:28.720 them back in power. To that end, the GOPers emphasized unity. Joining us now, one of the Republican
00:03:36.060 Party's most respected House members, co-founder of the Freedom Caucus, and seven-term Congressman
00:03:43.060 Jim Jordan, representing Ohio's 4th District. Congressman Jim Jordan, it's always great to have
00:03:49.700 you here on the Great America Show. Let's start with the meeting, the retreat, the summit, if you will,
00:03:56.060 over your conference over the past weekend. Your basic judgment about how positive it was?
00:04:06.720 Oh, no, very positive. Well, the Republicans are positive. We're obviously concerned about the
00:04:13.260 country. I mean, jeepers. This administration, you know, we've talked before, Lou, they haven't done a
00:04:18.440 darn thing right. I mean, you look at the border. We went from secure border to chaos. You look at,
00:04:23.740 we went from stable prices to 40-year high inflation. We went from safe streets to record
00:04:28.480 crime. And, of course, we went from energy independence to the situation we find ourselves
00:04:32.480 in today. And we haven't even got into foreign policy. We haven't even got into what they've
00:04:35.540 done to our basic liberties. So, yeah, that's a mess. But the conference with Republicans in the
00:04:40.980 House, very optimistic. You know, I always say that we should – you never want to be overconfident in
00:04:46.340 any type of competition. But I think we're confident that if we go out and campaign hard,
00:04:51.300 talk about what we'll do for America, run on a populist message rooted in conservative principle
00:04:58.220 like President Trump did, that we got a great chance of taking this thing back and being in
00:05:04.180 control next year. So, yeah, it was very positive.
00:05:06.980 I'm hearing a lot of people talk – and by that I mean elected officials like yourself – who are
00:05:13.680 talking about the Republicans are going to wipe out the Democrats come November. Then I hear a
00:05:20.380 certain – then an edge of caution from them, like, well, you don't want to take anything for granted.
00:05:24.720 But the truth is, it looks like this could be a wave election, so-called, and that you could make
00:05:30.480 immense, perhaps even historic gains in both the House and, less or so, but significant gains in
00:05:38.380 the Senate.
00:05:39.160 Well, I hope that's the case. I think there's a real chance of that. There's – you know,
00:05:44.060 there was a piece a few weeks back in the journal that talked about a potential realignment,
00:05:49.880 I would actually argue, just a continuation of what President Trump started running as an
00:05:53.900 America first populist agenda. As I said before, populist agenda rooted in conservative
00:05:59.000 principles. So I think there's that chance, because you think about it, Lou. In my mind,
00:06:03.920 the Democrat Party has now become the party of the super-mega-wealthy who live on the coast
00:06:09.480 and people who don't work, and Republicans are the party of everybody else. We're the party of
00:06:15.900 families, working people, flyover country. And the Democrats have taken this attitude that,
00:06:21.640 oh, they're so much smarter and better. How about when Anderson Cooper said,
00:06:26.880 you know, Trump voters, stay at the Marriott and eat at Olive Garden. And I'm like,
00:06:31.980 that's the disdain and the arrogance they have for us regular middle-class folks. And I was telling
00:06:38.340 one group the other day, I said, you know, eating at Olive Garden and stay at the Marriott,
00:06:44.020 that's where I'm from in Western Ohio. That's a pretty good weekend. So I do think that mindset is out
00:06:49.480 there.
00:06:49.680 It sounds pretty fancy to me, too, to tell you the truth.
00:06:53.780 Is Anderson Cooper, was he a Rockefeller, a Vanderbilt? I can't remember which part of that
00:06:58.440 deal.
00:06:58.620 I think it was, I think, I think, yeah, I think it was the latter. And I guess he stays at just
00:07:02.320 the super five-star fancy place, the Ritz all the time. And we, you know, us regular folks stay at the
00:07:07.940 Holiday Inn and the Marriott.
00:07:09.440 You bet. I, as a matter of fact, my wife and I are thrilled just to stay on the farm. I want to go to,
00:07:15.660 I want to go to that very important issue, and that is your leadership. You just brought up Donald Trump,
00:07:23.180 in my opinion, the greatest president in modern history. He wasn't at your retreat. Why not?
00:07:29.740 No, I don't know why the leadership decided not to do that. But I know President Trump had a great – another
00:07:38.080 one of his great rallies over the weekend down in the great state of Georgia, important state in the
00:07:43.940 upcoming election. But you're right. I think certainly the most effective president in our
00:07:50.020 lifetimes maybe ever – and you and I have talked a lot about this before – but doing what he said he
00:07:56.380 would do, and doing it when everyone was – I mean, all the Democrats were against him,
00:08:01.280 all the mainstream press, a bunch of Republicans, everyone in the bureaucracy, which is maybe the
00:08:05.860 most important concern. And in spite of all that, got so much done. That's the kind of leadership
00:08:11.720 we need, and I hope we're going to have it again. I think he's going to run. I hope he does,
00:08:16.940 and I hope he wins.
00:08:18.800 As do I. And him not being there, it makes me wonder about the commitment to leadership.
00:08:26.380 And that is, here's a man who is all you said, and in fact, more. He had the Russians against him,
00:08:33.640 the Chinese against him. He had all of the power centers in this country against him.
00:08:40.660 I would think that they would – your folks would want to hear from him. But be that as it may,
00:08:47.380 I hope there's not a single Republican running for office who isn't an America First candidate,
00:08:53.660 because that seems to me to be the essential truth of the matter. There won't be a Republican wave
00:09:00.280 unless they are American First candidates winning.
00:09:02.820 I agree. President Trump, I think, has fundamentally changed the party, fundamentally
00:09:10.000 changed the country in such a positive way. In the contrast, I was talking with a person who worked
00:09:17.160 in the Trump administration last week, and he said, think about this. President Trump,
00:09:23.700 when you speak – and relatively speaking, he turned over to President Biden a stable and relatively
00:09:30.940 calm world with the Abraham Accords, where we stood in the world, we were respected. He turned 0.76
00:09:37.320 it over to Joe Biden, and Joe Biden has screwed up everything. I mean, literally everything.
00:09:44.780 You look at what happened last summer. The picture, I think, that will be in people's minds
00:09:50.280 as they think about the Biden administration is that picture in Afghanistan where you had people
00:09:55.680 trying to jump on the wheels of that plane as it took off and left Afghanistan. That's the metaphor
00:10:01.880 for just how bad the Biden administration has been. And again, what a contrast between the way
00:10:08.200 President Trump led and his team led versus the folks running the country now.
00:10:14.260 You know, Congressman, I have to say I'm more than a little worried about whether or not the
00:10:21.680 Republican Party will be the party of Trump, an America First Party, or the RINOs, who, by the way,
00:10:29.440 to me, really are – frankly, they are an alien organism in the party. And I really mean that
00:10:42.380 they're just destroying the party and destroying representation for the American people because
00:10:47.680 they are basically left-wingers. They're Democrats. You know, Romney is the ultimate example of a
00:10:55.680 rhino, and he is a Democrat and a confused one at that. But most Democrats are confused, so that's
00:11:02.440 just consistent. What is your view of rhinos and how you can get rid of them and whether or not you
00:11:10.080 think that the American people will still vote Republican for rhinos?
00:11:15.840 Yeah, I trust the voters. I trust the American people. I think that they've figured it out like
00:11:22.900 they always do. They're going to elect the right kind of Republicans. They're going to come here
00:11:26.620 and fight for them, their family, do what they said they would do, stand up for America First principles.
00:11:30.940 You saw this begin to play out last fall in Virginia, where we learned that the Department
00:11:37.700 of Education had communicated with the School Board Association prior to them sending the letter.
00:11:44.280 And then we find out the Department of Justice does the memorandum that treats parents as domestic
00:11:48.480 terrorists. And that issue, moms and dads standing up and pushing back on what was happening in their
00:11:53.140 schools, is what put Glenn Youngkin in the governor's office in a blue state. So the country gets it.
00:11:59.840 They're not going to stand for the Republicans who aren't committed to the principles that make
00:12:06.540 our country a special place. And again, you saw that last fall in Virginia. A few weeks after that,
00:12:13.240 you saw – I think this is amazing too, Lou. You saw 12 brave jurors in Kenosha, Wisconsin
00:12:18.380 with the mob outside the courthouse. The mob outside say, we're still going to do what's
00:12:25.600 consistent with the facts, the truth, and due process, and reach the right decision here.
00:12:31.760 And they did. So the country is figuring it out. And they have had it with the crazy left
00:12:37.120 and Republicans who aren't acting like Republicans.
00:12:40.840 Yeah. I agree with you 100%. When you talk about America's figured it out, I believe voters
00:12:46.680 have figured it out. The American public has figured it out. And I am yet to be convinced
00:12:52.220 that the Republicans have figured it out. I'm really very serious about it. I think
00:13:00.560 there's a huge skepticism about Kevin McCarthy, Mitch McConnell. I think it rises to more than
00:13:07.200 skepticism. There's great, great doubt about their leadership because really neither of them has done
00:13:14.840 a damn thing. Well, let me just say this regarding Leader McCarthy. And I think he's done such a good
00:13:26.080 job of keeping our team together compared to the leadership of – or lack of leadership, I guess
00:13:33.180 you could say, compared to the previous leaders of the Republican Party in the House of Representatives.
00:13:39.120 I always go back to this. Go back to the first impeachment. And remember, the conventional
00:13:45.760 wisdom was that every single Democrat was going to vote to impeach President Trump,
00:13:52.900 and a bunch of Republicans were going to join him. But we went through that process under the
00:13:58.400 leadership of Kevin McCarthy and our team here in the House. And what happened in the end,
00:14:04.400 Lou, was every Republican voted against impeaching President Trump. Democrats joined us, and one
00:14:11.160 Democrat switched party. So that is so different. I guarantee that would – I don't think that would
00:14:18.920 have happened under the previous leader. So we've got to stay focused on, as you say,
00:14:25.360 standing up for the America First agenda of President Trump, doing what we said we did like
00:14:29.940 President Trump did. And if the voters put us in control, if we stay focused on that,
00:14:34.760 we're going to help frame things up for 2024 when I hope President Trump runs again.
00:14:40.740 Well, you and me both, and tens of millions of Americans as well. I hear you. You're supporting
00:14:49.040 Kevin McCarthy. And do you know something? I just simply can't. But I'll tell you this much. I can
00:14:59.900 get a lot closer if Jim Jordan is for him, and you tell me that Kevin McCarthy is for Jim Jordan
00:15:07.580 and the Trump agenda, then I can get a long ways toward Kevin McCarthy.
00:15:15.420 Yeah. You know why? We need that to happen because that's what's good for the country.
00:15:21.660 That would help the country. If we could stay focused as a team doing the America First agenda
00:15:27.360 and framing up the 2024 race. So let's say that people put us back in control, Lou. We're going
00:15:32.860 to pass some good legislation. Joe Biden is going to veto it, or it's not going to get through the
00:15:37.020 Senate. But we're going to help frame up the 2024 race when President Trump is going to run
00:15:43.200 against Biden or Harris, whoever the Democrats decide to put up. I think that's going to help
00:15:47.980 bring the country together, help turn out even more voters for President Trump than he got in
00:15:53.280 the last race, and put him in the White House. That's what we need to do in order to help change 0.95
00:15:58.500 things and move things back in the right direction for our country.
00:16:01.100 Well, that's good to hear. My problem is the eight months we've got here before we get to
00:16:08.280 over seven months. I haven't seen any action taken by the RNC or the Republican Party nationally
00:16:17.620 to secure the election, to roll back mail-in ballots, to stop the national emergency,
00:16:24.380 to go after this president because it's for the sake of the country. I mean, we just watched a
00:16:30.320 president commit five, five mistakes and misstatements on this trip to Europe. He has perhaps still
00:16:42.580 escalated the war, the Russian war against Ukraine with his mouth. His mind is not there. He is impaired. 0.81
00:16:52.760 Why in the world aren't the Republicans as a body demanding this ban do as Donald Trump did when the Democrats
00:17:01.640 asked him to take a cognitive test? He's been asked twice, rejected it twice. Why not?
00:17:06.920 Why isn't the Republican Party demanding it?
00:17:09.460 Well, Ronnie Jackson, a colleague of ours, is a good member.
00:17:13.060 Ronnie is. Oh, he's got the bill. He's got the bill out there. No, I heard former Speaker Gingrich on
00:17:18.400 on an interview this past week, and he said, you know, like, he said basically the same thing, and he said,
00:17:26.000 but also, you know, think about it.
00:17:27.860 He said what I said?
00:17:28.840 Look at the vice president. Yeah, well, he said something to the same effect. He said, you know,
00:17:32.360 look, this is it. This is – everyone sees what we see, but they also see the vice president.
00:17:37.780 When, you know, when she went to Poland a week or so ago and the thing she said – I mean, she's like – I think
00:17:42.000 Speaker Gingrich said she should never – they should never let her leave the country again.
00:17:46.420 I think it was something to that effect, and I'm like, wow, that's an amazing statement from
00:17:49.420 former Speaker Gingrich, who, as you know, is a sharp guy.
00:17:53.160 So, yeah, the country sees it. The world sees it, and what a contrast between the leadership
00:17:59.900 and the strength and the toughness, frankly, that was projected from the Oval Office under
00:18:03.920 President Trump and over the Secretary of State's office under Mike Pompeo.
00:18:08.380 So what a contrast we see between that and what we now have with Biden, Harris, and Blinken.
00:18:16.860 I mean, you can't – you couldn't have a sharper contrast.
00:18:20.840 The people see that. The country does, and I think, again, that's going to – it's going
00:18:23.660 to weigh on their decision and why I think we have a good chance of being in the majority.
00:18:27.740 So what you're saying is – and what Newt said was then, we're not going to do anything
00:18:33.580 until there's election, and meanwhile, we'll just hold our breath, sit on our hands,
00:18:38.000 and pray like hell. 0.56
00:18:39.340 Well, I don't think we could get – I don't think we could get anything, you know,
00:18:42.160 obviously through either the House or Senate and a bill.
00:18:45.760 We can continue to call for it, which I think that, you know, the common-sense folks of this
00:18:51.580 great country understand it.
00:18:52.860 Well, I'm not asking for an impeachment. I'm not asking for the 25th Amendment.
00:18:56.540 I am asking for a cognitive test so the American people are either assured that he is competent
00:19:03.160 or we understand what everyone as adults are dealing with.
00:19:07.020 This is not a nation of children.
00:19:09.280 We're big-time, all-American citizens, and we need to know what the hell is going on.
00:19:15.000 I think that makes so much sense.
00:19:18.120 And, again, it's why I think our good friend and colleague, Congressman Jackson,
00:19:21.800 has actually introduced legislation and now talking about this issue as well as shared.
00:19:25.480 All right. On that positive note and uplifting note, Congressman, I know that you're pressed for time
00:19:30.640 as always, and I appreciate you being with us. Thanks so much.
00:19:34.960 I always enjoy it. I always enjoy it. Keep up the great work, Lou. Thanks so much. Take care, brother.
00:19:38.480 You too, Congressman. Thank you. Congressman Jim Jordan, great American.
00:19:42.940 And now we turn to Russia's senior partner in the China-Russia Strategic Alliance.
00:19:48.180 China President Xi Jinping is fully backing Putin and Russia, and without that backing,
00:19:54.760 Russia would be under even greater economic pressure.
00:19:57.540 With China's backing, Putin can continue his war on Ukraine, which has proved to be far more difficult
00:20:04.300 than I'm sure he ever imagined. Interestingly, Xi is encountering challenges of his own at home,
00:20:12.040 the COVID virus stubbornly reappearing at a major outbreak in another major city.
00:20:17.880 Xi forced to lock down one of China's largest and most important cities, Shanghai.
00:20:23.280 Twenty-five million people live and work there, a major commercial and financial center,
00:20:29.340 as Xi is now more than two years after the deadly virus was unleashed on an unsuspecting world,
00:20:36.520 again contending with a massive outbreak of the virus, while Vladimir Putin is struggling
00:20:42.000 with the war he started 33 days ago.
00:20:44.860 Joining us now is Asian expert, attorney, author most recently of the great U.S.-China tech war,
00:20:52.600 Gordon Chang. Gordon is also columnist for Newsweek and regular co-host and guest on The John Batchelor Show.
00:21:00.280 And Gordon, first of all, it's great to have you back on the show here.
00:21:03.860 China seems to be wanting to play a very important central part in the Ukraine crisis.
00:21:13.320 What is the motivation there?
00:21:16.100 I believe that Beijing, which was really surprised by the turn of events in Ukraine,
00:21:22.180 by the heroic resistance of the Ukrainian people, now is trying to distance itself from Russia.
00:21:28.280 But we shouldn't be fooled, Lou, because China is still backing Russia where it counts.
00:21:34.060 It's still buying wheat, oil, gas, coal.
00:21:38.200 It is providing Russia a refuge in its SIPs, which is its swift alternative. 0.97
00:21:44.860 It is just basically giving Vladimir Putin the money to continue this war against Ukraine.
00:21:51.260 So although we hear statements from Xi Jinping, the Chinese ruler, from Wang Yi, the foreign minister,
00:21:58.540 and from others about how, you know, all of this is terrible, we shouldn't believe any of it.
00:22:03.660 That's just disinformation.
00:22:06.440 Disinformation.
00:22:07.560 And again, China, Xi himself calling for maximum restraint, as he put it, in Ukraine.
00:22:14.860 And I didn't have the feeling he was speaking directly to Vladimir Putin.
00:22:19.340 Did you?
00:22:19.980 Yeah, I agree with you.
00:22:22.540 I think he was referring to Western countries, to the United States, to France and Germany in particular,
00:22:29.600 about not providing lethal aid to Ukraine.
00:22:33.300 Matter of fact, not even providing humanitarian aid to the Ukrainian people.
00:22:38.220 You know, it's difficult sometimes to decipher what Beijing is saying,
00:22:42.500 but you have to watch what they're doing.
00:22:44.340 And the important thing here is that the announcement of the $117.5 billion in new oil and gas deals on February 4th.
00:22:53.460 A week after that, there was the announcement of the sale of 100 million metric tons of Russian coal to China.
00:23:00.120 China then lifted restrictions on the importation of Russian wheat.
00:23:05.300 This couldn't be any clearer.
00:23:07.260 Beijing is financing Russia's military operations in Eastern Europe.
00:23:10.680 They're financing those operations.
00:23:14.720 And they are, based on everything that we have seen in the reporting of the deal they have, they are full-on strategic partners,
00:23:23.860 these two communist parties and powers, that is China and Russia, are they not?
00:23:31.160 You're absolutely right about that.
00:23:33.660 I mean, they've got decades of cooperation where they coordinate their foreign policies, where their militaries drill together.
00:23:41.300 But this was symbolized in the 5,000-word joint statement that China and Russia issued on February 4th,
00:23:48.080 which was just after the meeting between Vladimir Putin and Xi Jinping, a meeting that lasted more than two and a half hours.
00:23:55.140 And I believe it was at that meeting that the Chinese green-lighted the invasion of Ukraine,
00:24:01.440 because it was only four days after the Olympics that Russian armor crossed the Ukrainian border.
00:24:08.280 And that Russian armor now is, for the most part, it seems, deployed across Ukraine in various cities,
00:24:17.120 but also part of what is a stalled offensive that one would have expected to move much quicker,
00:24:25.800 to be even more deadly than it's been, actually, and far more successful.
00:24:31.100 What is going on with the Russian military?
00:24:34.580 Your thoughts.
00:24:36.580 The Russian military certainly has surprised even Western intelligence agencies
00:24:42.420 in its failure to move effectively against a lightly armed resistance.
00:24:48.500 There are a lot of reasons for that, including basically faulty Chinese parts for their tanks.
00:24:54.900 But the thing here, Lou, to look at, step back at a moment,
00:24:59.320 China has called for mediation to end the fighting.
00:25:03.780 And it's no coincidence that China only called for mediation
00:25:08.000 after it was clear that the Russian advance had stalled.
00:25:11.820 What they're trying to do is to give Putin a way to consolidate his gains.
00:25:17.240 Because if there is no mediation, I believe that Ukraine will actually push Russia out of their country.
00:25:25.100 And that's the last thing that China wants to see.
00:25:27.560 It needs to have Putin to be successful, because this is a partnership between Moscow and Beijing.
00:25:34.080 And if one of the partners fails, it calls into question the effectiveness of the other partner,
00:25:38.900 of course, in this case, China.
00:25:41.820 And China, it may be that Xi has now made a mistake of huge proportions
00:25:48.440 in partnering with Vladimir Putin.
00:25:52.500 And Russia is now the one who looks like, certainly in the relationship vis-a-vis China,
00:25:59.160 to be seriously the junior partner.
00:26:01.360 Yes, and Russia is going to become even more junior if events unfold as we think.
00:26:10.340 You know, part of it is because as the West has disconnected Russia from the dollar accounts,
00:26:16.880 from the SWIFT system, basically, Russia is moving into the renminbi system of China,
00:26:23.700 moving into SIPs, which is the cross-border interbank payment system, which is China's swift
00:26:30.400 alternative.
00:26:31.720 There's more and more commodity deals that are being conducted in renminbi, the Chinese currency.
00:26:37.680 So we're seeing Beijing basically make Russia an economic colony.
00:26:43.140 And if all of this weren't clear enough, there are now reported talks for China to take big states in Gazprom
00:26:49.760 and Russel, the energy and the aluminum companies.
00:26:55.180 So this is really stunning to watch Russia become a part of a Chinese economic sphere.
00:27:04.160 To become a part of it.
00:27:05.760 And again, with every prospect of becoming the senior partner, as well as participant,
00:27:11.700 because their currency, their hard reserves, China is a behemoth by comparison to Russia in every way,
00:27:23.800 in purchasing parity, in terms of assets, in terms of size of economy across the board,
00:27:31.580 whether nominal or purchasing power.
00:27:33.980 This is a peculiar partnership in that respect.
00:27:37.840 What do you think the real purpose of that partnership is?
00:27:42.240 I believe that China has used Russia all along as essentially the proxy.
00:27:50.460 Russia, under Putin, has very much been willing to take on the West in ways that are very clear,
00:27:56.980 unmistakable.
00:27:58.060 And that's allowed China to advance its goals pretty much under the radar.
00:28:03.040 There was something similar.
00:28:04.740 When you go back to 9-11, just before that, the administration of George W. Bush was thinking
00:28:11.680 of moving against China.
00:28:13.020 But after 9-11, China became an ally in the effort to end Osama bin Laden's life.
00:28:22.100 Something similar is occurring here, because you're hearing people in the American policy
00:28:27.360 establishment start to talk about, well, we need China's help to constrain Russia.
00:28:31.880 So there's this same sort of replaying of themes.
00:28:36.500 It didn't work with regard to al-Qaeda.
00:28:39.800 It certainly didn't work with regard to North Korea, where George W. wanted to have the Chinese
00:28:45.980 disarm their best friends, the North Koreans. 1.00
00:28:48.800 And it's not going to work now, Lou.
00:28:50.760 I mean, the Chinese will continue to do this because they get away with it. 1.00
00:28:56.300 And they get away with it because of the naivete of American policymakers.
00:29:01.780 This is just sort of like Groundhog Day.
00:29:04.240 It is Groundhog Day in lots of ways.
00:29:08.860 It is in the repetition of it all.
00:29:11.500 It's, you know, history that doesn't repeat often rhymes.
00:29:15.260 But in this instance, Xi Jinping looks to be playing Putin, if you will, for a dupe.
00:29:24.300 And if one thinks about it was two years ago that Xi Jinping unleashed a deadly virus on the world,
00:29:33.260 when he could have given warning, when he could have stopped it and chose not to.
00:29:38.480 And now in this country, almost a million dead without any response.
00:29:43.940 And now, two years after the Wuhan virus, we now are watching Putin destabilizing what at least is Eastern Europe. 0.64
00:29:56.660 And certainly, the Ukrainian crisis has the potential to involve all of Europe and perhaps more.
00:30:03.660 It looks all to be a piece of a part, doesn't it?
00:30:08.280 It certainly does.
00:30:09.440 You know, as Putin moves against Ukraine and tries to reconstitute the Soviet Empire,
00:30:15.860 as he tries to reconstitute the Russian Empire, which is even broader than that,
00:30:20.760 China is going to, I think, be even more provocative against, of course, Taiwan,
00:30:26.600 but also India, where China is building up its forces opposing India and Ladakh, high in the Himalayas.
00:30:33.300 But it could also be against Japan, the Philippines, Bhutan, Nepal, all across China's southern and eastern peripheries.
00:30:43.720 It's moving against neighbors.
00:30:45.620 And so, therefore, we could see conflict on both ends of the Eurasian landmass.
00:30:50.820 These two countries have, Russia and China have proxies, North Korea, Iran, Pakistan, even Algeria,
00:30:57.280 where there could be problems in the near future.
00:30:59.720 And the South China Sea, of course.
00:31:05.800 What is, in your judgment, Xi's plan and purpose here?
00:31:11.520 Because he is, without question, ambitious.
00:31:14.020 He's expansionary in his policies, all of them, in every direction,
00:31:19.280 every direction that's available to him in China.
00:31:22.820 Where does this lead?
00:31:25.060 Because Ukraine is not going well, and his junior partner is in, appears to be, in significant trouble.
00:31:33.680 Well, a couple things.
00:31:35.240 With regard to your first question about Xi Jinping's plans,
00:31:39.920 he's made it very clear in his pronouncements over the course of three decades
00:31:44.000 that he believes that he is the world's only legitimate ruler.
00:31:47.880 He's pushing the notion of Tianxia, or all under heaven.
00:31:53.160 This is the idea that Chinese rulers had the mandate of heaven over Tianxia, 0.98
00:31:58.680 and that not only did they have the right to rule all under heaven,
00:32:02.740 but that heaven compelled them to do so.
00:32:05.500 And this is, you know, there have been a number of figures in history
00:32:08.120 who believe that they should rule the world,
00:32:10.300 but Xi Jinping is the first to believe he should rule planet Earth
00:32:13.780 plus the nearer parts of the solar system,
00:32:16.120 because we've heard these Chinese officials talk about the moon and Mars
00:32:19.200 as sovereign Chinese territory.
00:32:21.560 You know, with regard to where things are going with Ukraine,
00:32:24.660 which is your second question, God only knows.
00:32:28.600 But the problem here is that Vladimir Putin knows that if he fails,
00:32:32.240 he's probably going to lose power and maybe lose his life,
00:32:35.160 which means that he could use his weapons of mass destruction in Ukraine,
00:32:39.840 his chemical weapons or nuclear weapons.
00:32:42.460 He's threatened to do so.
00:32:44.860 So we've got to be concerned that the worst scenarios will actually play out.
00:32:50.480 Let me ask you, you talk about the moon, the stars.
00:32:55.280 Sometimes more proximate is more expedient.
00:33:00.180 And right next door to Russia is this little country called China. 0.99
00:33:04.480 Why not, if you're Xi Jinping, play Putin for a dupe and a fool, 0.99
00:33:13.100 let him hemorrhage and then move against him 0.99
00:33:17.140 and establish an empire that has never, you know,
00:33:20.820 that hasn't been brought together for 5,000 years
00:33:24.520 if we're going to start reconstituting empires?
00:33:27.700 Yeah, this is not a theoretical concern because Chinese policymakers
00:33:33.720 plus the Chinese, you know, academic community
00:33:37.680 always talk about how the Russian Far East,
00:33:40.380 which includes Vladivostok, was lost to the czars.
00:33:46.140 Now, this is a false narrative, but this is what the Chinese believe,
00:33:49.920 that those treaties in the 1860s, which ceded Qing dynasty land to the czars,
00:33:56.980 really were unequal and therefore China should get them back, 0.93
00:34:00.480 which means that a good portion of the Russian Far East
00:34:03.540 in the views of Beijing should be China's.
00:34:06.640 Now, that's bad history.
00:34:09.000 And we probably don't have time enough to go into why it's bad history.
00:34:12.820 But the point is not whether it's good or bad history,
00:34:15.760 but it's the point that this is what Chinese leaders say
00:34:19.240 and what they believe,
00:34:20.760 and that means Vladimir Putin is at risk of losing
00:34:23.980 a good portion of his country to China.
00:34:27.000 And we hear no one speak of that.
00:34:30.060 We hear no one concerned about that,
00:34:34.000 I guess because it would be sort of intramural, if you will,
00:34:37.200 amongst communist and former communist nations.
00:34:40.700 I don't know how you would describe properly either country, really.
00:34:44.880 China is certainly communist, but both tyrannies, both leaders despots.
00:34:51.460 So give us your sense of where Ukraine leads us
00:34:56.440 and what is China's real motivation is here
00:35:01.100 and how significant is it,
00:35:03.040 as opposed to the world's focus on Vladimir Putin?
00:35:08.120 China wants Putin to succeed
00:35:10.360 because that then roils the world.
00:35:14.880 The longer-term effects of Ukraine,
00:35:17.340 regardless of who wins or who loses there,
00:35:20.120 and I think the Ukrainian people will eventually win,
00:35:23.080 although it may not be in the short term,
00:35:25.680 but the long-term effects will be deglobalization.
00:35:29.660 In other words,
00:35:30.780 countries are going to be trading with each other less.
00:35:34.220 They're going to be certainly more focused at home.
00:35:36.920 We're already starting to see this.
00:35:39.300 The February trade numbers show shocking declines
00:35:43.300 in trade around the world.
00:35:45.360 And remember, the invasion only started February 24th.
00:35:48.520 So this will continue.
00:35:50.940 This means-
00:35:51.920 Still record trade deficits for the United States.
00:35:55.500 Still record trade deficits for the United States,
00:35:58.140 which is another issue.
00:35:59.800 But we have these global supply chains,
00:36:02.280 which stretch halfway around the world,
00:36:04.080 many of them starting in China.
00:36:05.340 These are not viable in the new environment post-Ukraine.
00:36:09.940 And that means, Liu,
00:36:11.100 that the United States and other countries
00:36:13.260 are going to start to locate manufacturing closer to home,
00:36:18.240 if not within their borders.
00:36:20.560 This is something that we need to do.
00:36:22.720 We cannot continue to enrich an enemy, China, 0.99
00:36:26.320 with our trade and with our investment.
00:36:29.380 We have these global supply lockups
00:36:32.320 in the twin ports of Los Angeles and Long Beach.
00:36:35.500 That's completely unnecessary.
00:36:37.460 We should be making critical goods
00:36:39.240 and most of our goods inside the United States.
00:36:43.280 I think that will be one of the long-term effects
00:36:45.920 of Ukraine, this de-globalization.
00:36:49.380 De-globalization, and the United States now 0.96
00:36:54.160 depended, however, on globalization
00:36:56.840 for some of its most strategic needs,
00:37:01.440 including, first of all, let's talk about pharmaceuticals.
00:37:05.040 Ninety-five percent of our pharmaceuticals
00:37:08.240 and pharmaceutical ingredients come from China
00:37:10.380 and, to a degree, India.
00:37:14.360 What are we to do?
00:37:15.220 And Rosemary Gibson wrote that fabulous book, 1.00
00:37:19.300 China Rx, which details our vulnerabilities
00:37:22.680 to Chinese manufacturing of pharmaceuticals
00:37:26.140 and active pharmaceutical ingredients.
00:37:28.820 Americans have died because of polluted heparin, 1.00
00:37:35.120 for instance, made in China.
00:37:37.040 So this is not a theoretical concern for us.
00:37:40.460 And China actually has threatened to cut off
00:37:42.320 the supply of pharmaceuticals to the U.S.
00:37:45.280 in order to obtain its unrelated geopolitical goals.
00:37:49.620 So this is something which we've known about
00:37:53.380 for a long time.
00:37:54.480 President Trump tried to bring back
00:37:56.400 some of this API manufacturing into the United States
00:37:59.680 with his Eastman-Kodak deal.
00:38:01.500 This is more of what we have to do in the future.
00:38:03.820 And, of course, it's not just pharmaceuticals.
00:38:05.780 We're talking semiconductors,
00:38:07.800 personal protective equipment, rare earths,
00:38:10.620 you name it, we need to bring it back here.
00:38:13.660 We need to.
00:38:15.000 But in some cases, such as you mentioned, rare earths,
00:38:18.900 China happens to have the largest repositories
00:38:21.680 of rare earths and manufacturing products
00:38:27.880 utilizing rare earths.
00:38:30.560 And that includes the most advanced electronics
00:38:34.440 and computers, semiconductors, you name it.
00:38:39.480 It's a tremendous strategic advantage.
00:38:42.720 And they will then also, as a result of our having
00:38:46.200 that rapid departure from Afghanistan,
00:38:49.160 will have access to all of those rare earths
00:38:51.600 that are deposits in Afghanistan.
00:38:54.920 The list goes on.
00:38:56.120 And everywhere you look, people are focused now, of course,
00:38:58.920 on Russia and Ukraine, and properly so.
00:39:01.660 But the reality is China is on the move.
00:39:04.680 Are they not?
00:39:05.960 Well, they certainly are.
00:39:07.700 And they are for a number of reasons,
00:39:09.820 both because they feel they're strong
00:39:11.140 and because they feel insecure.
00:39:13.260 But whatever the reason is,
00:39:14.820 it's a dangerous political system right now,
00:39:18.080 especially because Xi Jinping, the ruler,
00:39:20.760 I believe, for various internal reasons,
00:39:23.100 has a low threshold of risk.
00:39:25.280 It's like Vladimir Putin also has a low threshold.
00:39:28.680 Now, Xi's reasons for the low threshold are different,
00:39:31.660 but nonetheless, it makes both of them dangerous.
00:39:33.820 So we have these two large tyrannies
00:39:36.780 on the march at the same time.
00:39:39.640 Well, and let's go back
00:39:41.780 to the world's greatest democracy,
00:39:44.240 the United States,
00:39:45.740 led by something called Democrats.
00:39:48.720 But in point of fact, 0.97
00:39:50.420 these are two of the most incompetent, 1.00
00:39:55.040 inept people I've ever seen 1.00
00:39:56.560 in American government anywhere.
00:39:57.980 And they sit atop the United States now.
00:39:59.860 And I'm talking about the President Joe Biden,
00:40:02.880 Vice President Kamala Harris.
00:40:05.140 And they have decided that this is a unique
00:40:08.200 and wonderful, even welcome opportunity
00:40:11.220 to talk about Americans buying more electric cars
00:40:15.920 as they ban Russian oil.
00:40:19.240 It's, it is, tell me what in the world we're to do,
00:40:23.460 given all that's happening geopolitically
00:40:26.480 with a leadership like this.
00:40:29.100 We have an election this November.
00:40:31.480 It's absolutely essential
00:40:32.920 that we change the view in Congress,
00:40:37.040 both in the House and the Senate.
00:40:38.740 And of course, in November, 2024,
00:40:41.420 there's a presidential election.
00:40:42.980 President under our system has vast powers
00:40:46.580 over foreign policy.
00:40:48.560 And as you point out,
00:40:50.640 Biden's foreign policy vision
00:40:52.360 has ended up in disaster.
00:40:54.520 Remember how the United States
00:40:56.160 is so much more powerful than Russia.
00:40:59.480 Just by ourselves, Lou,
00:41:00.980 our economy is something like 13 and a half times
00:41:04.720 larger than Russia's. 0.81
00:41:06.340 The 27 economies of the European Union
00:41:09.100 are 10.1 times the size of Russia's.
00:41:11.960 Britain's economy, now out of the EU,
00:41:14.760 is twice the size of Russia's.
00:41:16.820 But despite this disparity in power,
00:41:19.260 there was the greatest failure of deterrence
00:41:21.600 in our lifetimes.
00:41:23.620 Russia decided to invade Ukraine anyway.
00:41:26.700 It was because of the failure
00:41:28.620 to wield American power effectively
00:41:31.140 that we are now in a crisis.
00:41:34.620 And this crisis can go
00:41:36.100 in many different directions,
00:41:37.900 some of them the worst outcomes possible.
00:41:39.900 So, obviously,
00:41:43.020 Biden's vision for the future
00:41:44.800 just doesn't work.
00:41:46.360 If I may, I can go back to one day,
00:41:48.760 June 10, 2021.
00:41:50.820 Biden goes to Europe for the first time.
00:41:53.040 He lands at RAF Mindenhall.
00:41:55.240 He addresses U.S. troops.
00:41:57.580 And he has this free-flowing conversation.
00:42:00.460 And during that, he says to the troops,
00:42:03.260 guess what?
00:42:04.220 What do you think is the world's number one
00:42:06.800 national security threat?
00:42:08.640 And then Biden says,
00:42:10.460 my generals and admirals tell me
00:42:12.220 it's climate change.
00:42:14.600 Yeah.
00:42:14.900 Well, whatever one thinks of climate change,
00:42:18.080 it is not the number one
00:42:20.500 national security threat.
00:42:21.980 And on February 24th of this year,
00:42:24.420 we learned that it certainly isn't,
00:42:26.420 as Russian armor did invade Ukraine.
00:42:28.960 Yeah, I would say that I would put right now
00:42:35.400 for the first time in my lifetime, certainly,
00:42:38.520 I believe that we face more enemies
00:42:42.780 with greater power over our future
00:42:45.480 within than we do without.
00:42:49.300 That is to say, China is, in my opinion, 0.89
00:42:51.920 our number one enemy on the globe.
00:42:55.300 But I think, first, we have so many threats
00:42:58.880 within our own borders
00:43:00.820 that it is just mystifying
00:43:04.480 how people can ignore that reality,
00:43:07.820 whether it be the incompetence of leadership,
00:43:10.060 whether it be the shallowness of their philosophy,
00:43:13.980 their thinking,
00:43:14.620 their limited mental, intellectual capacity
00:43:20.260 to deal with a world that is massively complex
00:43:24.260 and rapidly changing.
00:43:27.140 Your thoughts?
00:43:28.900 I couldn't agree with you more, Lou.
00:43:31.040 We have had a failure of American leadership.
00:43:35.280 We have Americans who have these
00:43:38.560 incredibly misguided notions
00:43:41.000 about the United States.
00:43:42.340 We have teachers at all levels,
00:43:45.520 secondary schools and universities,
00:43:47.220 teaching hatred of America.
00:43:49.540 This is a mortal threat to us.
00:43:51.900 And of course, we have China and Russia
00:43:54.740 and their proxies working against us.
00:43:58.280 And as you pointed out earlier,
00:44:00.500 they're not hesitant about killing Americans.
00:44:04.020 We have 960,000 Americans
00:44:06.920 who have perished from COVID-19,
00:44:10.300 according to Johns Hopkins.
00:44:12.080 And this was because Xi Jinping
00:44:14.360 deliberately spread this disease beyond his borders.
00:44:17.520 He lied about contagiousness.
00:44:19.340 He pressured other countries
00:44:20.340 to take arrivals from China
00:44:21.580 while he was locking down his own country.
00:44:23.780 And I know lockdowns are controversial,
00:44:25.600 but by locking down his own country,
00:44:27.480 he was telling the world
00:44:28.500 he thought they were effective in stopping disease.
00:44:30.980 So you put these two acts together,
00:44:33.100 and there are more of them,
00:44:33.880 but you put these just these two acts together,
00:44:36.660 it means that every death outside of China,
00:44:40.860 now there are more than 6 million of them,
00:44:43.020 every death outside China is a murder.
00:44:45.940 And that includes almost a million Americans.
00:44:48.660 And again, without anyone being held to account,
00:44:54.040 without reprisal, without in any way
00:44:57.300 making it right,
00:45:00.540 I've never seen a time either
00:45:02.540 in American history
00:45:05.180 where we have done so little,
00:45:08.560 have been so apathetic, so passive,
00:45:11.300 and it's just deeply, deeply troubling
00:45:16.220 to think that this country
00:45:17.560 has permitted so many,
00:45:20.640 so many vulnerabilities to widen
00:45:24.780 rather than to fix them.
00:45:27.680 I've got to turn back to our discussion here
00:45:30.780 on strategic vulnerabilities.
00:45:34.180 And one of them is, again,
00:45:36.520 Biden, Harris, I'll go on.
00:45:39.620 Tony Blinken, Jake Sullivan,
00:45:42.340 the entire top apparatus
00:45:44.800 of our national security group
00:45:47.700 under this president
00:45:49.380 is so suspect, so weak, so limited.
00:45:53.780 And they are talking to Venezuela.
00:45:56.320 They are talking about going to Iran
00:45:59.640 and begging for their oil,
00:46:02.440 the Saudis as well.
00:46:03.660 Why not just simply,
00:46:07.100 simply build that Keystone pipeline?
00:46:10.160 I know it'll take a little time,
00:46:11.860 but why not buy the Canadian oil
00:46:14.560 that is available
00:46:15.580 rather than going off hat in hand
00:46:18.860 to Venezuelan dictators,
00:46:24.300 Iranian ayatollahs?
00:46:27.980 Why, what are we doing?
00:46:29.660 What is the rationale
00:46:30.580 as you see it for this administration?
00:46:32.480 It's a big mystery to me, Lou,
00:46:35.980 because I don't see any rationale
00:46:37.460 for the Biden administration's policies.
00:46:41.460 We've seen that they fail.
00:46:43.160 And you know, Lou, yes, you're right.
00:46:45.520 The Keystone pipeline will take a year
00:46:47.860 to actually complete
00:46:49.040 if Biden would greenlight it.
00:46:51.620 But if Biden would greenlight it
00:46:53.740 and he would tell the markets that,
00:46:55.940 that would immediately result
00:46:57.660 in a drop in the price of oil.
00:47:00.040 Because that's the way the markets work.
00:47:03.020 We saw it in 2005
00:47:04.340 when George W. Bush had the sense
00:47:07.460 to open up offshore drilling.
00:47:11.420 And the markets immediately reacted
00:47:13.600 and oil went from a top,
00:47:15.740 I believe it was about $147, $150.
00:47:19.820 And immediately the markets corrected
00:47:22.360 and sought a much lower equilibrium
00:47:26.540 return to rational pricing.
00:47:29.500 We know the same, as you say,
00:47:31.340 would happen.
00:47:32.740 And the reason why this is important,
00:47:34.740 among others,
00:47:35.320 is that Putin's revenue
00:47:38.280 is oil and gas.
00:47:40.680 And the drop,
00:47:41.880 and an immediate drop
00:47:42.760 in hydrocarbon prices
00:47:44.180 means that he has far fewer dollars
00:47:46.840 to keep his tanks running
00:47:49.320 and all the rest of it.
00:47:50.800 So this would,
00:47:52.260 if not cripple the war effort,
00:47:54.300 would severely undermine it.
00:47:55.820 And if we were to do other things
00:47:56.980 at the same time,
00:47:58.300 we might be able to
00:48:00.260 stop his advances on Ukraine.
00:48:02.680 But the point is,
00:48:03.620 this is within the power
00:48:04.900 of the President of the United States.
00:48:06.580 All he needs to do
00:48:07.900 is get in back of the resolute desk,
00:48:10.400 bring the cameras
00:48:11.120 into the Oval Office,
00:48:12.220 say I'm greenlighting
00:48:15.180 Keystone Pipeline,
00:48:16.740 I'm opening up leases,
00:48:18.500 I'm doing all the rest of this
00:48:19.820 because we need to drop
00:48:21.600 the price of oil,
00:48:23.440 need to drop the price of gasoline.
00:48:25.820 And we would see
00:48:27.040 an immediate effect.
00:48:28.160 Matter of fact,
00:48:28.620 you know, just today,
00:48:30.100 when the UAE announced
00:48:31.880 that they were increasing production,
00:48:33.660 the price of oil dropped $10.
00:48:35.380 Right.
00:48:36.420 Immediately.
00:48:37.820 Immediately.
00:48:38.780 And what do you make of
00:48:40.220 the Emirates,
00:48:41.680 Saudi Arabia,
00:48:43.580 their leaders,
00:48:44.920 not even taking
00:48:46.120 President Biden's telephone calls?
00:48:48.120 And again,
00:48:49.220 in my lifetime,
00:48:50.200 I have never known
00:48:51.600 of an instance,
00:48:52.740 a single instance
00:48:53.720 in which any foreign leader
00:48:55.540 refused the call
00:48:57.240 of an American president.
00:48:59.140 And Biden was told
00:49:01.920 they're not available.
00:49:04.440 This,
00:49:05.020 what do you make of that?
00:49:08.400 Again,
00:49:09.160 I mean,
00:49:09.400 I can't believe
00:49:12.160 the failure
00:49:13.720 in American diplomacy,
00:49:15.180 the failure
00:49:15.640 to talk to countries
00:49:17.140 and have them talk to us.
00:49:19.020 But,
00:49:19.280 you know,
00:49:20.040 considering what Biden
00:49:20.940 has been doing
00:49:21.540 in the Middle East,
00:49:22.640 I'm not surprised
00:49:23.880 that the Saudis
00:49:24.760 have brushed off Biden.
00:49:26.640 Remember,
00:49:27.440 President Trump,
00:49:29.040 historic gains
00:49:30.940 in the Middle East
00:49:31.720 with the Abraham Accords.
00:49:34.140 He did things
00:49:34.920 that nobody thought
00:49:35.840 were possible.
00:49:36.520 I didn't think
00:49:37.220 they were possible.
00:49:38.460 And yet,
00:49:38.900 the Abraham Accords 0.74
00:49:40.020 brought stability
00:49:41.000 and peace
00:49:41.920 to the region.
00:49:43.080 And it also meant
00:49:44.080 that the United States
00:49:45.000 was far less dependent
00:49:46.320 on hydrocarbons
00:49:47.760 from the Middle East.
00:49:49.440 And really,
00:49:50.180 what this means
00:49:50.880 is that
00:49:51.940 Saudi Arabia
00:49:52.920 now has moved
00:49:53.800 very much
00:49:54.300 into China's orbit.
00:49:56.360 And when
00:49:57.100 the Saudi officials
00:49:58.680 don't take a call
00:49:59.720 from the President
00:50:00.460 of the United States,
00:50:01.800 it means that
00:50:02.640 there has been
00:50:03.660 a horrible
00:50:05.140 diminution
00:50:06.760 in America's
00:50:07.940 prestige
00:50:08.540 and standing
00:50:09.200 in an important
00:50:10.260 part of the world.
00:50:11.760 And there are only
00:50:12.700 three powers
00:50:13.460 and two of them
00:50:14.860 benefit
00:50:15.340 if one
00:50:17.940 is disadvantaged.
00:50:20.440 And we are
00:50:21.300 the ones
00:50:21.660 being disadvantaged
00:50:22.460 by the shallowest,
00:50:25.020 weakest leadership
00:50:25.900 that I have
00:50:27.600 ever seen.
00:50:28.720 I think perhaps
00:50:29.840 in our entire history,
00:50:31.160 we've never seen
00:50:32.580 two leaders
00:50:33.240 atop our government
00:50:34.340 as weak,
00:50:36.700 as incapable, 0.99
00:50:38.280 and unfit
00:50:39.120 for office
00:50:40.020 as President Biden
00:50:41.780 and Vice President Harris.
00:50:45.060 You get the last word
00:50:46.500 here on
00:50:47.600 where we stand
00:50:49.140 in the world
00:50:49.640 and what Americans
00:50:51.000 should be thinking about.
00:50:53.500 This is a critical
00:50:54.840 point in history,
00:50:56.080 the most critical
00:50:56.720 point we've had
00:50:57.900 since the Cuban 0.95
00:50:59.240 Missile Crisis
00:50:59.880 in 1962.
00:51:01.160 and the
00:51:01.860 Checkpoint Charlie
00:51:02.660 crisis a little bit
00:51:03.940 earlier.
00:51:04.960 Events are happening
00:51:05.920 so quick
00:51:06.600 that they're faster
00:51:07.640 than our ability
00:51:08.520 to understand them.
00:51:09.980 And that means
00:51:10.560 the assumptions
00:51:11.120 that we make
00:51:11.820 about the way
00:51:12.400 the world works
00:51:13.320 are often obsolete
00:51:14.900 now.
00:51:15.700 And because they're
00:51:16.460 obsolete,
00:51:17.180 we don't comprehend
00:51:18.300 the danger.
00:51:19.660 We need
00:51:20.380 effective American
00:51:21.640 leadership.
00:51:22.640 And Lou, 0.63
00:51:23.460 now more than ever,
00:51:24.440 the American people
00:51:25.220 need you.
00:51:26.160 Well, that's very
00:51:26.620 kind of you,
00:51:27.480 Gordon.
00:51:28.240 We appreciate
00:51:29.240 always your insight,
00:51:30.340 your thoughts,
00:51:31.080 your philosophy,
00:51:32.360 your perspective,
00:51:32.960 and your values.
00:51:34.340 You're a great
00:51:35.040 American,
00:51:35.520 and we appreciate
00:51:36.400 you taking the time
00:51:37.360 to be with us today.
00:51:38.700 Gordon Chang.
00:51:39.800 Our guest tomorrow
00:51:40.620 is author Rebecca
00:51:41.940 Koffler.
00:51:42.720 I can't wait to talk
00:51:43.740 with her.
00:51:44.500 Please join us here
00:51:45.460 tomorrow.
00:51:45.940 We want to invite you
00:51:47.540 to sign up for our
00:51:49.080 Great America show
00:51:50.300 advisory and newsletter.
00:51:52.180 Simply go to
00:51:52.880 loudobs.com,
00:51:54.500 that's loudobs.com,
00:51:57.060 and click on the
00:51:57.980 email newsletter button.
00:51:59.660 It's as simple as that.
00:52:01.520 And we'll send you
00:52:02.360 our advisories and alerts
00:52:04.040 as well as our
00:52:04.780 weekly newsletter.
00:52:06.160 I don't want to
00:52:06.880 overstate anything,
00:52:08.060 but I'm pretty sure
00:52:09.200 you will absolutely
00:52:10.280 sense at least a
00:52:11.960 small positive change
00:52:13.540 in your world outlook.
00:52:14.580 We invite you to join us
00:52:16.640 and stay in touch.
00:52:18.600 Thank you.
00:52:19.400 That's loudobs.com.
00:52:21.620 Thanks.
00:52:22.460 God bless you,
00:52:23.300 and God bless America.