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00:00:57.480And, Peter, I want to start with this new report coming out from Merrick Garland about the Justice Department on these ads that we're all seeing.
00:01:09.180And the exorbitant fees that some attorneys are charging.
00:01:20.080So a lot of us have seen the Camp Lejeune ads.
00:01:22.220And these are instances where, of course, U.S. military personnel and their families who were stationed there ended up being poisoned because of water there that was poisoned.
00:01:35.220And they're showing that they had medical problems that resulted from this.
00:01:41.120There's a settlement that's been reached.
00:01:42.880The problem is, is that these ads are being run by law firms and law groups, and they are taking 60 percent fees, lawyer fees, in some cases, on these settlements.
00:01:54.400So these soldiers and these Marines and others are being victimized a second time.
00:02:00.900So the question is, is how did this happen?
00:02:04.920First of all, there was an effort when this legislation was passed to put a cap on fees.
00:02:10.540That was stripped from the legislation primarily by lobbyists, including the former chief of staff of Nancy Pelosi, who fought that restriction.
00:02:21.140But more recently, Merrick Garland, the attorney general, could do something about this.
00:02:26.800There's a Department of Justice guidance that says that in these particular cases, lawyers should not be taking fees more than 25 percent.
00:02:37.960But Merrick Garland has done nothing about it.
00:02:40.400And the reason is, when you look at some of the law firms that are taking in the largest fees and making the largest amounts of money on this,
00:02:47.980these were the actual lawyers who were pushing for him to be appointed attorney general and also pushed for him to be put on the Supreme Court back in 2016.
00:02:57.420So it is absolutely backscratching, taking place between these trial attorneys and Merrick Garland.
00:03:04.060And the victims, of course, are the men and women who serve their country and our family who are stationed at Camp Lejeune,
00:03:10.880who are trying to get assemblies of justice.
00:03:13.400And it's basically being taken away by these trial attorneys and their law firms.
00:03:17.640Is there anything that you think will likely be done about this?
00:03:25.100It is. Well, certainly Congress can revisit this and pass legislation capping fees at 25 percent.
00:03:34.100The second thing we're calling on is for the congressional committees, including House Oversight and the Senate Committee of Investigations.
00:03:42.360I understand Republicans are in the minority.
00:03:44.280But it's a call for subpoenas to DOJ to find out how this situation happened, who jerry-rigged it at DOJ and who did Merrick Garland meet with and when did he meet with them?
00:03:56.400In terms of these law firms or others, they're involved in this legal heist that's taking place for these people that were victimized at Camp Lejeune.
00:04:05.960Well, it's been a busy time for Merrick Garland and the Department of Justice.
00:04:10.940They've declared that he is in point of fact above the law and cannot be held in contempt by the United States Congress.
00:04:18.260They have also held that none of the prosecutors, whether federal or local, whether it's Alvin Bragg or Fannie Willis, and the special counsels have been working together, conspiring to go after and prosecute and persecute Donald Trump.
00:04:39.260So they've wiped the slate clean here over the last two weeks.
00:04:44.800Where in the world do you go in the Justice Department to find somebody who makes sense?
00:04:51.640Yeah, it's very, very hard to find, Lou.
00:05:43.500And if Congress is trying to exercise legitimate oversight, which they are, they have a right to ask these things from the Department of Justice.
00:05:51.680The only reason the Department of Justice is not sharing this information, whether these are the Joe Biden tapes of his interview with the special prosecutor or whether it's correspondence related to their discussions potentially with Alvin Bragg or with Fannie Willis.
00:06:08.240The only reason they're not turning it over is not because it's going to violate anybody's rights.
00:06:14.040It's because it's potentially deeply embarrassing.
00:06:17.160So they are engaging in a political exercise, and they shouldn't be doing that.
00:06:22.600And Congress has to call them out for it.
00:06:24.840I am one, Lou, that lots of times has called for congressional investigations.
00:06:31.400But when push comes to shove, sometimes you need to use the power of the person, go further and say, guess what?
00:06:37.600We are not going to fund this department until you share this information that we have legitimately requested from you.
00:06:45.240What do you suppose Speaker Johnson has refused to do so?
00:06:50.800He's he's been a disappointment in many ways, but he had every opportunity to use the power of the purse to constrict that those budgets are to eliminate them in point of fact.
00:07:02.640Yeah, I mean, look, I think that, you know, he is trying to walk this tightrope.
00:07:08.940Obviously, he saw what happened to McCarthy and he's trying to balance a lot of things.
00:07:15.100But, yeah, at the bottom line, when you have power, you have to use that power when it's necessary to accomplish legitimate goals and purposes.
00:07:58.160It's also up to these committee chairs to do the right thing and use the power of the purse.
00:08:05.420That's the next phase, because otherwise this is only going to embolden them to continue to defy Congress on other legitimate requests that they've made.
00:08:15.000So I think you've got to shoot a cannon across their bow and you need to correct this, because these are absolutely legitimate requests.
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00:10:09.600To me, it's interesting right now that the White House is playing games with the distinction between a pardon and commutation when it comes to Hunter Biden and his father.
00:10:23.320Yeah, certainly they're playing word games, Lou.
00:10:27.600But I would also add, I mean, everybody seems to be accepting Joe Biden's word when he issued this statement that he's not going to pardon Hunter Biden.
00:10:38.860He has lied repeatedly when it comes to his son, Hunter Biden.
00:10:43.140And let's remember, I mean, he told the American people Hunter had not received the dime from China when, in fact, he had received millions from China.
00:10:51.860He said that he had had no contact with Hunter Biden's business associates.
00:10:59.340He was on the phone with them, et cetera.
00:11:01.300He said that he personally had not profited from any of these deals.
00:11:05.340We now know, of course, from the House Oversight Committee that he received hundreds of thousands of dollars.
00:11:10.940So I don't take it face value that he's not going to pardon Hunter Biden.
00:11:14.860I think after the November election, whether he wins or loses, I would not be surprised if he decides in the name of, you know, fatherly or paternal love that he's going to pardon Hunter Biden.
00:11:28.420I think that's absolutely something that we should expect him to do.
00:11:32.040And again, you know, the Democrats have said repeatedly, you know, Trump does not accept the, you know, the edicts of the judicial system on these sort of trumped up charges that have been brought against him.
00:11:47.440What the Biden campaign has done is sort of passively, aggressively say that they accept what the court has done.
00:11:55.880But clearly there are murmurings that they don't accept it, that, you know, reports from Politico that Joe Biden thinks Hunter Biden is a victim here.
00:12:41.420The absurdity of all of this is frankly overwhelming because Joe Biden has gamed everything he's ever touched.
00:12:51.020There's nothing about him that isn't circuitous, that isn't deceitful, you name it.
00:12:58.100He comes out and he says, well, you know, the reason my son got convicted is it's a weaponized justice system.
00:13:04.060I mean, scratch your head over that one.
00:13:06.480I mean, it's they have no shame and they play every game that they can imagine and they conjure pretty well.
00:13:13.220They do. And look, they don't get called out on it anymore.
00:13:17.640I actually saw an old video clip online from I think it was ABC News calling out Joe Biden, then Senator Joe Biden during the 88 presidential campaign, calling him out for his repeated lies.
00:13:31.260And it was a brutal, hard hitting investigative report by ABC News.
00:13:36.100Well, where is that kind of reporting now?
00:13:39.520I mean, the lies haven't stopped. In a sense, the lies are worse.
00:13:43.820The lies that we associate with Joe Biden in his past relate to, you know, padding his resume, claims about law school and, you know, his great academic successes, which weren't actually there.
00:13:55.520What he's now lying about is these massive conflicts of interest, these massive efforts of influence peddling and the flow of tens of millions of dollars to his family.
00:14:06.000And yet the media doesn't call them out on it. It's it's really, really remarkable.
00:14:10.820When I look at the shaky state of the American republic, certainly you look at what's going on in government.
00:14:17.340But the biggest concern is we don't have a mainstream media that will do anything other than report on scandals, faked and imagined on one side and ignore real scandals on the other side.
00:14:32.520And if you don't if that's the media that you have, that is the bulk of the mainstream media that most people listen to, you do not have an independent watchdog on our government officials anymore.
00:14:44.500And when you don't have that, they are going to push push the envelope of what they can get away with.
00:14:49.620And that is certainly what Joe Biden is doing.
00:14:52.640Joe Biden, the entire I mean, they're no longer simply a crime family.
00:14:56.620These are such lowlifes. They're a slime family as well.
00:15:00.880It is the perversion. All of it documented.
00:15:05.100Not all of it, but at least what we know has been documented.
00:15:09.820It's it is really ugly to watch this and to see the acceptance, as you point out, in the in the national corporate media.
00:15:18.660And the only thing that one can imagine is their corporate masters of those news organizations are laying out the agenda.
00:15:27.180And it's not an agenda that is in any way pro-America, pro-Americans, pro-American family.
00:15:35.600It's it's just disgraceful what we're witnessing is and and the watchdogs who seem to be, with your notable exception, absolutely, absolutely silent.
00:15:50.580Yeah, you're right, Lou. I mean, here's the good news, although it's not news that that any any of us think is ultimately healthy is.
00:15:58.220The good news is these mainstream media outlets are paying a massive price for the bidding that they are doing.
00:16:06.300Their ratings are way down. Their credibility is way down.
00:16:09.700I saw a survey done by a legitimate pollster that faith in the mainstream media is actually lower than Congress.
00:16:17.100I mean, you know, Congress is like an 18, 19 percent and that's left, right and center.
00:16:23.140So by doing this, by kind of carrying water for certain political figures or for the political establishment, these news outlets are totally trashing their brands.
00:16:35.140I guess they don't seem to mind it because they keep doing it, but they are bearing a price for it.
00:16:40.240And I do think the rise of independent media, again, left, right and center.
00:16:45.320I mean, there are some left wing news websites out there that I don't agree with everything they do, but they also actually do some good reporting that you're not going to see in the mainstream media.
00:16:55.300So that's where the future of media is.
00:16:57.520If we can get past the issue of a big tech censoring of these independent news outlets, which, of course, is a big challenge.
00:17:04.780There is a future and there are alternative sources of information out there as these mainstream media outlets continue to see a decline in their ratings and in their reputations.
00:17:16.620It's truly a crisis, cord cutting, streaming, all of these pressures.
00:17:22.960And then the political, socio-political influences right now, as you say, depressing their ratings and their circulation as well.
00:17:33.080Well, we're talking with Peter Schweizer and we are coming right back.
00:17:37.680Stay with us and we'll find out what what is next in this great country, because we haven't checked in.
00:17:45.300At least we don't know that we've checked in with the Chinese yet.
00:17:49.400And we do know where the president gets many of his ideas.
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00:18:19.640We're back talking with Peter Schweizer.
00:18:31.060And, Peter, it seems to me that the corporate America right now is in a dramatic shift.
00:18:39.120We're the president of the United States meeting with some of the top CEOs in banking, in business, and they are coming to him.
00:18:49.160And I think that's an important symbol.
00:18:51.860I don't know if it's a contrived symbol on their part, a strategic decision, so that they won't be accused of impressing him too much.
00:19:01.780But we're really seeing a change on the part of a lot of corporate America here, aren't we, in regard to the upcoming likely Trump presidency?
00:19:12.700Yeah, I think that corporate America is trying to hedge their bets.
00:19:18.000And as always, there are very few profiles in courage among these corporate executives.
00:19:24.280I mean, they're worried about the relationship with China, not in the way that you and I and the majority of the American people are.
00:19:30.680They're worried about it disrupting these intricate relationships that they have established that are part of their corporate profit network.
00:19:40.220You know, look at what Larry Fink, you know, head of BlackRock, said in 2011, where he candidly announced in an interview what many other CEOs would not quite so publicly say when he literally said he actually prefers to do business with, in his words, totalitarian regimes because they're more predictable.
00:20:01.660That goes for most of corporate America, whether it's certainly Wall Street, the financial sector or big tech.
00:20:08.700They want to maintain a stable relationship with China and they don't really worry about the cost of that stability, whether it's rising China, whether it's a threat to our civil liberties, whether it's a threat to our national security.
00:20:22.160They ultimately place less emphasis on that and they're more focused on maintaining stable relationships because it's good for their quarterly profits.
00:20:32.080But the American people have shifted on China.
00:20:35.120The latest polling shows that that, you know, the vast majority of them see China not as a friendly rival, but actually as an enemy, as in a threat to the United States.
00:20:45.680So corporate America is going to have to pick and choose where they are going forward.
00:20:51.620I understand they've got to straddle certain relationships.
00:20:54.620They may have to reorient supply lines, supply chains.
00:20:58.540But the American people are shifting on many of these issues, many of these important issues.
00:21:04.300And if corporate America doesn't get on board, they're going to get left behind.
00:21:08.000And I think that the American people's patience, you know, for elites in the financial sector who are sort of jettisoning the interests of the American people for their own personal benefit, patience is waning.
00:21:23.580And I think Americans are really waking up on this issue.
00:21:27.160And corporate America is trying to figure out how to straddle these new realities.
00:21:32.780And there are some building conflicts, whether it be China's direct threats to Taiwan, of course, and their insistence on dominion over the South China Sea.
00:21:45.020But we also, and I don't know if you imagined this when you wrote Blood Money, but suddenly the head of the select committee on the CCP, Mike Gallagher, Congressman Gallagher,
00:21:57.380the first major move was for him to retire from Congress.
00:22:03.500It's astounding to see what's happening.
00:22:06.760Next, the big strategic partner, of course, with China.
00:22:11.760Russia now has four warships in the Caribbean at one point, 30 miles off the U.S. coast.
00:22:18.220I think that a lot of people in corporate America are going to have a lot of trouble getting realigned, given the rising aggression of their expansionary aims.
00:22:34.440Yeah, no, I think you're exactly right, Lou.
00:23:15.680For some of these big investment funds, a third or more of their profits are actually coming from mainland China.
00:23:22.920That's where their biggest growth is coming from.
00:23:25.380So it's a lot harder for them to talk about the Chinese threat because they are so conflicted.
00:23:32.440You know, who becomes president in November and is inaugurated in January is going to make a huge difference on this issue.
00:23:40.800We saw what President Trump's posture was towards China, especially when the administration was really sort of set in place, which was really challenging China, calling out China on on many of the threats that they posed.
00:23:55.660You know, Trump was the first president to call out China on their involvement with the fentanyl trade.
00:24:01.320And of course, President Xi made promises to Trump, which he never kept.
00:24:05.780But Joe Biden has been silent on fentanyl.
00:24:11.000So a lot is at stake in this 2024 election, not just as it relates to the lives of individual Americans, as it relates to taxes and civil liberties, but our very national security.
00:24:24.520How we deal with China, there is a stark contrast between Biden's soft posture, essentially giving China what they want and what Donald Trump says he's going to do in his second term.
00:24:38.480We we appreciate you being with us here today, Peter.