The Great America Show - December 18, 2024


Mid-Day Update: December 18, 2024


Episode Stats

Length

2 minutes

Words per Minute

190.83876

Word Count

518

Sentence Count

32

Hate Speech Sentences

1


Summary

Truth and justice may be prevailing in the mainstream media after all. George Stephanopoulos may be out at ABC after CEO Bob Iger decided to pay out a $15 million defamation settlement plus an extra $10 million to cover President Trump's attorney fees. The House Ethics Committee is secretly voting to release a damning report on Rep. Matt Gaetz before Congress ends at the end of the month. And it was a rough day to be an investor on the stock market.


Transcript

00:00:00.000 Hello everybody, I'm John Fawcett with this Great America Show midday update for Wednesday, December 18th.
00:00:05.960 Truth and justice may be prevailing in the mainstream media after all.
00:00:10.400 George Stephanopoulos reportedly may be out at ABC after CEO Bob Iger decided to pay out a $15 million defamation settlement
00:00:18.280 plus an extra million bucks to cover President Trump's attorney fees.
00:00:22.200 Trump's defamation case against ABC News was related to statements made by this week's host George Stephanopoulos.
00:00:27.560 Trump sued ABC earlier this year after Stephanopoulos claimed Trump was found liable of rape by a Manhattan jury in the E. Jean Carroll case.
00:00:36.680 In 2019, of course, E. Jean Carroll alleged Donald Trump raped her in a Bergdorf-Goodman dressing room.
00:00:41.100 The jury never found that President Trump did indeed rape her.
00:00:44.180 So Stephanopoulos paying the price or ABC paying the price for lies.
00:00:49.380 Lies have consequences and it's about time these Marxist-run mainstream media networks are paying the price for lying to the American people
00:00:56.960 and more importantly deceiving the American people.
00:01:00.320 And the House Ethics Committee, of course, secretly voting to release the damning lawfare report on Matt Gaetz
00:01:07.100 before Congress ends at the end of this month.
00:01:10.420 Hmm.
00:01:11.200 The panel previously voted not to release the report after Gaetz resigned from Congress last month and earlier this month.
00:01:16.500 Of course, the House of Representatives voted to block the resolution by the Democrats
00:01:20.920 to force the Ethics Committee from releasing their report on Gaetz.
00:01:24.640 We can now expect to see that report before the new year.
00:01:27.960 The vote, which had not previously been reported, amounts to a stark reversal for the panel
00:01:31.840 after it had voted along party lines in late November not to release the results of the investigation.
00:01:36.780 The decision to release the report suggests that some of the Republicans ultimately decided to, of course,
00:01:42.240 side with the Marxist Dems on the matter.
00:01:44.180 And it's unclear if the committee will once again change course now that it has voted.
00:01:47.640 This, just another example of the rhinos in the House helping the Marxist Dems, giving them whatever they want.
00:01:54.560 And it was a rough day to be an investor on the stock market.
00:01:57.360 Stocks were clobbered on Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points,
00:02:03.100 signaled it would cut fewer times next year than previously projected.
00:02:07.880 All three major indices clobbered by the news as we await a budget by the House of Representatives.
00:02:14.600 It was unclear if we'll be able to get that through before the end of the year.
00:02:18.260 So another government shutdown possibly looms.
00:02:21.920 We'll have to wait and see what Mike Johnson decides to do.
00:02:25.020 Please be sure to join us for today's episode of The Great America Show.
00:02:27.820 We're joined by Colonel Doug McGregor.
00:02:29.420 We take up all that's going on over in the Middle East right now
00:02:32.340 and the plan moving forward with Russia and Ukraine and Hamas and Israel.
00:02:37.160 Join us for that full discussion today on The Great America Show, folks.
00:02:39.920 I'm John Fossett with this midday update.
00:02:42.000 Have a great day, folks.