The Michael Knowles Show - May 11, 2022


Ep. 1003 - The Libs Are Angry And Want To Fight


Episode Stats

Length

50 minutes

Words per Minute

179.69655

Word Count

9,096

Sentence Count

725

Misogynist Sentences

41

Hate Speech Sentences

40


Summary

As abortion activists continue to burn down pro-life offices and pregnancy centers across the country, the White House continues to insist that the protests are peaceful and should continue even when they take place outside of Supreme Court justices' homes. Is the administration encouraging the protests outside of the judges' homes or is it encouraging them outside of their own homes?


Transcript

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00:00:37.660 As abortion activists firebomb pro-life offices and pregnancy centers in Wisconsin, in Oregon, in Maryland, and elsewhere around the country,
00:00:47.580 the White House is continuing to insist that the pro-abortion protests have been peaceful
00:00:53.120 and should continue even when they take place at judges' homes.
00:00:58.900 So I know that there's an outrage right now, I guess, about protests that have been peaceful to date,
00:01:05.140 and we certainly continue to encourage that outside of judges' homes, and that's the president's position.
00:01:09.900 I actually cannot quite believe what she is saying here.
00:01:14.420 Is Jen Psaki saying that the White House is encouraging the protests outside the Supreme Court justices' homes,
00:01:21.000 meaning the protests that are recurring at those homes?
00:01:23.840 Or is she saying that the White House is encouraging protests outside of, meaning other than,
00:01:30.120 or except for the ones at the judges' homes?
00:01:33.220 I hope it's the latter.
00:01:34.280 I've been trying to figure out how to make it be the latter, but I just don't think it is.
00:01:40.140 I don't think it is because the other day when Psaki was asked directly about the very same protests,
00:01:45.820 she refused to condemn them.
00:01:47.560 She said that she doesn't have an official government position on where people protest.
00:01:51.940 I don't think she is saying except for the judges' homes because today she's still pretending that the pro-abortion protests are peaceful,
00:01:59.120 despite the graffiti and the arson around the country,
00:02:03.040 despite the shrieking mobs outside of the justices' homes where their children sleep.
00:02:08.400 I don't think that it's the latter.
00:02:11.160 I don't think she's saying don't go to the judges' homes because the protests at judges' homes
00:02:16.680 to influence their decision in this case are in violation of federal law,
00:02:21.900 and the White House won't say anything about that.
00:02:24.080 I don't believe that Jen Psaki is condemning these protests because when BLM was burning the country down,
00:02:31.640 senior officials in this administration were raising money to bail out the rioters.
00:02:36.580 The left is right about one thing in this whole mess.
00:02:41.440 They are right that we are witnessing a constitutional crisis,
00:02:45.040 not because the Supreme Court might overrule a terrible decision from the 1970s,
00:02:50.080 but a constitutional crisis because the executive branch is waging war on the judiciary.
00:02:56.440 The left is willing to tear down the most fundamental aspects of our system of government
00:03:01.200 to defend the killing of babies.
00:03:05.000 And they're not even hiding it.
00:03:06.700 I'm Michael Knowles.
00:03:07.440 This is The Michael Knowles Show.
00:03:15.500 Welcome back to the show.
00:03:16.680 My favorite comment yesterday is from Jeremiah Shoemaker.
00:03:20.080 Who says, I've been boycotting Target since they publicly announced in 2015-ish
00:03:24.320 that you can use whichever bathroom you identify with.
00:03:27.680 That the boys can go to the girls' room there.
00:03:29.340 I wholeheartedly agree with the new policy Michael is suggesting.
00:03:32.500 I have a name for it.
00:03:34.220 The Standards and Norms Expression Act, or the SANE Act.
00:03:40.160 Like, if you agree, in the meantime, I will continue to not shop at Target.
00:03:42.960 That is such a great idea.
00:03:45.520 This is something that the left convinced the conservatives of in the 60s and 70s,
00:03:51.400 and then some conservatives, especially more on the individualist-minded side of the right,
00:03:56.860 they really ran with this.
00:03:57.840 And they said, you're not allowed to have any norms.
00:03:59.500 You're not allowed to have any standards.
00:04:01.040 Just, every man can do whatever he pleases at all times.
00:04:03.760 That's not true.
00:04:04.520 That's never been true in American history.
00:04:05.920 We have not only individual rights, but political rights.
00:04:09.280 Rights as a political community to say, no, don't trans the kids.
00:04:12.780 No, don't let the grown men go into the little girl's bathroom.
00:04:16.000 No, no, no.
00:04:17.260 We actually have the right to enforce some sanity.
00:04:20.780 I love your idea for legislation.
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00:04:42.820 Four, I guess this really should be number one.
00:04:44.620 They've supported this show for a long, long time.
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00:05:27.280 The left is saying the quiet part out loud, specifically the pro-abortion left, where there's
00:05:33.820 really not a distinction these days.
00:05:35.520 It used to be that you could be on the left but oppose abortion.
00:05:39.080 I think that's pretty much gone by the wayside.
00:05:42.880 It certainly used to be that you could be a Democrat and oppose abortion.
00:05:45.720 And that's been gone now.
00:05:48.180 It seems almost entirely gone.
00:05:50.200 And it's been extremely unpopular for 30 years.
00:05:53.900 And really starting with Mario Cuomo, Andrew Cuomo's father, when he was governor of New
00:05:57.260 York, he invented this idea of, I'm personally opposed to abortion, but politically I support
00:06:03.780 it, which doesn't make any sense at all.
00:06:05.260 If you think it's murder, then it should be illegal.
00:06:07.060 If you don't think it's murder, then why do you oppose it?
00:06:09.540 If it's just like taking your appendix out, then who cares?
00:06:11.760 It's not a big deal.
00:06:12.560 It was always incoherent.
00:06:14.100 So I use these phrase, the left or the Democrats or the pro-abortion activists.
00:06:19.460 Today, 99.9% of the time, they all refer to the same group of people.
00:06:24.960 And they are saying the quiet part out loud, okay?
00:06:28.100 When Jen Psaki comes out and she says, yeah, we encourage protests outside of judges' homes.
00:06:34.280 She's saying what we already knew the White House believed.
00:06:38.500 If she misspoke, I hope she clarifies it today, but I don't think she did.
00:06:42.160 Because in practice, the White House has been encouraging all of these protests.
00:06:48.660 So I'm not surprised that she says, yes, we're encouraging them.
00:06:51.380 Janet Yellen, who is the Treasury Secretary for Joe Biden, she came out and voiced her opinion
00:06:56.180 on abortion.
00:06:57.020 Seems kind of crazy, right?
00:06:58.260 Who cares what the Treasury Secretary has to say about constitutional law and the bioethical
00:07:04.660 question of abortion?
00:07:05.700 Who cares?
00:07:05.940 Well, Janet Yellen cares.
00:07:07.880 And actually, she exposes one of the reasons why corporate America, the kind of big corporate
00:07:14.200 establishment, is so gung-ho on supporting their employees to go travel out of state to
00:07:20.200 get an abortion, to oppose the overrule of Roe versus Wade.
00:07:25.120 Janet Yellen makes the argument that if we have fewer abortions, we're not going to make
00:07:30.280 as much money.
00:07:30.780 I believe that eliminating the right of women to make decisions about when and whether to
00:07:38.480 have children would have very damaging effects on the economy and would set women back decades.
00:07:47.220 Roe v. Wade, in access to reproductive health care, including abortion, helped lead to increased
00:07:54.600 labor force participation.
00:07:56.360 It enabled many women to finish school.
00:08:01.580 That increased their earning potential.
00:08:04.360 It allowed women to plan and balance their families and careers.
00:08:09.600 And research also shows that it had a favorable impact on the well-being and earnings of children.
00:08:18.380 If I wrote a script about the pro-abortion side, and I just wrote exactly what Janet Yellen just said,
00:08:29.500 her argument for more abortion, and I turned it into a producer in Hollywood,
00:08:33.300 they would reject the script for it being too cartoonishly villainous.
00:08:38.160 They would reject it probably because of the politics of the script too.
00:08:40.880 But they would reject it because of the writing, because what she just said is such a caricature
00:08:46.440 of an evil villain to say, well, it is my opinion that we need to continue to kill 875,000 babies a
00:08:56.900 year, because if we kill fewer of those babies, we might not make as much money.
00:09:02.060 And then we won't be able to buy as much stuff.
00:09:05.640 And then we won't have lots of fun toys and jewelry and gems and gold and money.
00:09:12.140 We have to kill the babies so we can have more money.
00:09:15.880 That is my reasoned opinion as the Treasury Secretary.
00:09:20.600 And then just when you think she's going to start making some other kind of, that's her primary argument.
00:09:25.280 Well, okay, then she talks about the effect on women.
00:09:27.200 Then maybe she's just an ideological leftist who, she says, it's really important for women's
00:09:32.540 well-being in the labor force, in the labor force, for women's well-being in their earnings potential.
00:09:40.180 So it's just about money.
00:09:41.040 You're saying we need to sacrifice our babies so that we can make more money.
00:09:44.940 I think that's a bad deal.
00:09:46.340 I don't think we should do that.
00:09:47.600 I'm willing to diminish the GDP of the United States if it means we don't slaughter upwards
00:09:52.360 of a million babies a year.
00:09:53.720 Call me crazy.
00:09:54.720 Call me old-fashioned.
00:09:55.560 No, it's not even old-fashioned.
00:09:58.460 Every evil pagan tribe in the history of the world has practiced human sacrifice to try to
00:10:05.480 grow their riches, okay?
00:10:06.540 And the United States right now, with this woman as the Treasury Secretary, with this
00:10:11.520 government that we've got in place, is doing exactly the same thing.
00:10:15.640 And they probably don't even see it.
00:10:18.240 They think that they're really fancy and sophisticated and modern and they just understand things.
00:10:22.600 No, they're doing the same damn thing that awful tribes have done for all of human history.
00:10:27.040 Sacrifice their kids to Moloch so that they can, sacrifice their kids to mammon, really
00:10:32.440 mammon, and so that they can have more stuff.
00:10:35.320 I think that's a bad, I think it's pretty evil when you really think about it, don't you?
00:10:40.000 I think it is.
00:10:40.560 But they're saying the, they used to mean that, but they wouldn't say that.
00:10:44.280 And it really throws this into perspective.
00:10:46.560 Why is Amazon paying for their employees to go out of state to get abortions?
00:10:51.200 Because it helps their bottom line, because it helps Amazon make more money.
00:10:54.240 Beyond the woke takeover of Amazon or the woke people at Tesla, Tesla's got the same policy.
00:11:01.340 I'm sure a lot of other corporations are going to have the same policy.
00:11:04.020 Beyond the wild ideological takeover, there's a cold, hard cash capitalist element here too,
00:11:10.060 which is they want to make more money, kids are expensive, they cause women to not work as hard,
00:11:15.740 they cause women to take a lot of time off from work, they cause women to be less reliable in the
00:11:19.660 workplace because maybe little Johnny gets sick one day and they're not able to come to that
00:11:23.140 meeting on Tuesday.
00:11:24.320 And so if you kill the kid, then you've got a much more reliable workforce.
00:11:28.040 Then you get much more man hours out of them.
00:11:30.100 It'll really increase labor participation.
00:11:32.240 That's literally what the treasury secretary said.
00:11:35.240 It's evil.
00:11:36.300 It is, I don't throw that word around lightly.
00:11:38.840 It is evil.
00:11:39.920 It is hideous.
00:11:41.400 It is inhumane.
00:11:42.740 But that's the argument that they are making explicitly.
00:11:45.580 Elizabeth Warren, Laya Watha is really angry too.
00:11:48.480 Boy, oh boy, is she angry.
00:11:50.200 Her fingers are just itching for the tomahawk right now.
00:11:54.720 Elizabeth Warren says that she is going to fight back.
00:11:57.480 Tweeted out yesterday, I'm angry about the potential overrule of Roe and I've got a plan
00:12:03.320 to fight back.
00:12:05.660 She's fighting babies, by the way.
00:12:07.140 What does it mean to fight back against reducing the number of abortions in America?
00:12:14.320 What is the object of your fighting?
00:12:16.640 The object is the babies who get to live.
00:12:19.560 Warren 2024, let's fight babies.
00:12:22.760 I've got a plan to put those babies in their place.
00:12:26.440 And she says it.
00:12:27.120 She's saying the quiet part out loud.
00:12:28.200 She's got an op-ed in Marie Claire, a woman's magazine, that I hope Elizabeth Warren did not
00:12:35.480 right, I've always thought Elizabeth Warren is wrong and radical, but at least reasonably
00:12:38.980 intelligent.
00:12:39.900 This column that Warren wrote, defending Roe v. Wade and pushing abortion, this might be
00:12:45.800 the single dumbest column I have ever read.
00:12:49.860 Now, this column that Elizabeth Warren wrote, this is not an important document.
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00:14:05.460 Elizabeth Warren, I'm angry but determined to protect Roe.
00:14:11.320 Yes, I'm angry, she says.
00:14:13.420 I'm angry at the justices.
00:14:15.080 I'm angry, I'm angry, I'm angry.
00:14:16.820 Then here's the money line.
00:14:18.020 The minute Roe is officially gone, more than half the states in the country are poised to
00:14:24.020 outlaw abortion or severely limit abortion access.
00:14:27.220 If abortion is outlawed, the impact won't fall equally on everyone.
00:14:30.100 Wealthy women will still get safe legal abortions by flying to another state or even traveling
00:14:34.100 to another country.
00:14:34.960 But the world will be very different for those who have the least power.
00:14:38.520 Low-income women, women of color, victims of incest and abuse, moms already working two
00:14:43.160 jobs to support their children.
00:14:44.200 This far-right extremist Supreme Court doesn't care if Americans suffer.
00:14:48.160 They are hell-bent on imposing their views on all of us.
00:14:52.300 Did you catch the problem there?
00:14:54.640 Did you catch the problem with her argument?
00:14:57.920 She said that the minute Roe is officially gone, more than half the states in this country
00:15:04.020 will outlaw abortion or severely restrict it.
00:15:06.680 And therefore, this constitutes the extremist Supreme Court imposing its views on all of us.
00:15:18.080 All of us, the majority of whom support outlawing abortion.
00:15:23.680 By the way, what the court is doing is not outlawing abortion, as she explains.
00:15:27.600 The court is merely admitting that there's no constitutional right to an abortion and returning
00:15:33.560 the question to the states.
00:15:34.520 And she says, more than half of the states are going to get rid of abortion or almost
00:15:38.140 get rid of abortion.
00:15:40.140 So it sounds like the court is not imposing its views on us.
00:15:44.020 It sounds like, if anything, our views on restricting abortion go much further than anything
00:15:49.820 the court might believe.
00:15:50.980 Actually, ironically, it sounds like what the court imposing its views on us occurred in 1973,
00:15:58.260 when the court created out of thin air a fake constitutional right to an abortion,
00:16:03.300 when the majority of Americans oppose that right.
00:16:06.260 How do I know the majority of Americans oppose that right?
00:16:08.740 Liz Warren just told me, because she said more than half the states are going to get rid of it.
00:16:12.680 It was the Supreme Court in Roe versus Wade, and then again in Planned Parenthood v. Casey,
00:16:16.820 that imposed its views on us.
00:16:18.300 And now it is the Supreme Court, we hope, in Dobbs versus Jackson Women's Health Organization,
00:16:22.980 that is going to stop imposing its views.
00:16:25.060 Frankly, I wish that this court would impose more views.
00:16:28.260 I think there is a very strong argument that the 14th Amendment prohibits abortion nationwide
00:16:33.880 in the Constitution.
00:16:36.340 John Finnis and Robbie George, conservative legal scholars, made a very compelling argument for that
00:16:41.720 in a brief that they gave to the court with this case, the Dobbs v. Jackson Women's Health case.
00:16:48.020 But regardless, that doesn't seem to be the opinion that we're going to get from the court,
00:16:52.320 according to the leaked draft.
00:16:53.580 What we're going to get is the court saying, hey, we're going to stop imposing our views on you.
00:16:57.640 And you people can decide whatever view you want about abortion.
00:17:01.060 If California wants it, fine.
00:17:02.240 If New York wants it, fine.
00:17:03.300 And if Tennessee doesn't want it, that's fine too.
00:17:06.400 And Elizabeth Warren is extremely frustrated because she wants to impose her views on the
00:17:11.600 majority of Americans who oppose her view.
00:17:14.720 I said this on the show yesterday.
00:17:16.280 This was the theme of the show yesterday.
00:17:17.660 I said, whatever the left accuses us of, they are doing.
00:17:21.060 They are the ones who are doing it.
00:17:22.120 And here we have it yet again.
00:17:23.880 Another bit of proof.
00:17:25.800 She goes, I won't go through this whole stupid op-ed, but I love this line.
00:17:28.860 She goes, for me, this isn't about politics.
00:17:31.860 This is personal.
00:17:33.560 It's a very, very stupid line because the entire mantra of the feminists during the 1970s,
00:17:40.140 when Elizabeth Warren came of age, she is very much in the mold of the 1970s feminists.
00:17:45.260 Their entire mantra was the personal is the political.
00:17:48.080 Their entire mantra was there's no distinction between what is personal and what is political.
00:17:51.700 And they had something of a point there in that, in a self-government, the politics is broadly
00:17:59.480 what we want it to be within the confines of the Constitution.
00:18:02.600 So yes, that's true.
00:18:03.540 The views that we hold, the way that we want to live, the laws that we want to enforce,
00:18:07.860 our personal opinions about that become the political opinions in self-government.
00:18:12.900 But it's not political.
00:18:13.920 This is personal.
00:18:15.600 And she says, I have lived in a world where abortion was illegal.
00:18:19.060 I learned early on that when the law bans all abortions, only safe and legal abortions
00:18:23.960 will be banned.
00:18:25.020 Oh, did you?
00:18:25.900 Cool.
00:18:26.200 Oh, that's interesting.
00:18:26.900 Now do guns.
00:18:28.380 Now do guns, Elizabeth Warren.
00:18:30.080 So you're telling me that in the world where you ban abortions, then you're just going to
00:18:34.600 get illegal abortions.
00:18:36.100 So what about the world where you ban guns?
00:18:38.780 You're just going to get illegal guns, right?
00:18:40.280 So why do you keep supporting gun control?
00:18:43.540 It's a very, very silly argument that she's making here.
00:18:48.900 Because I'll go with the left for a little bit.
00:18:52.280 I think if you banned guns in America, let's say there were no Second Amendment, and you just
00:18:57.040 banned guns in America, and you went door to door and confiscated guns, kind of like
00:19:00.920 they did in Australia, I do think that gun crime and gun deaths would plummet.
00:19:08.080 I think that's probably true.
00:19:09.140 Crime itself might jump, and you might just have people stabbing you and all sorts of
00:19:13.100 other things.
00:19:13.760 But if you went door to door and actually collected all the guns, and if that were even possible,
00:19:17.900 yeah, I do think gun violence would diminish greatly.
00:19:22.560 But we have a Second Amendment, and we have a Second Amendment not just because the framers
00:19:26.000 of the Constitution were lunatics, but because they inherited that right from the English,
00:19:32.100 and they inherited that right because people have a natural right to self-defense.
00:19:35.860 So they didn't just pluck it out of thin air.
00:19:37.200 It wasn't through their own unfettered reason.
00:19:39.200 It came from tradition.
00:19:41.220 It came from the political community that they were already in, and it came from the natural
00:19:46.280 law.
00:19:46.620 We have a right to defend ourselves.
00:19:49.900 So that's why we tolerate there's more gun violence, but it's because of all of these
00:19:53.900 rights and because of these political traditions and because it's the right thing to do.
00:19:56.980 There is no similar right to abortion.
00:20:00.080 There is no longstanding civil right to abortion in American history.
00:20:05.320 There is no natural right to kill your own babies.
00:20:07.680 It's actually extremely unnatural.
00:20:10.480 And yet, Elizabeth Warren uses this argument for abortion.
00:20:13.080 She doesn't use it for guns.
00:20:14.080 It's very silly.
00:20:14.640 She says, I lived in a world in which women bled to death from back alley abortions, a world
00:20:19.320 in which infections, complicated women's futures, on and on and on.
00:20:22.700 And the last point I want to make on this is Elizabeth Warren did not live in that world.
00:20:27.700 She did not.
00:20:28.560 She is being extremely dishonest here.
00:20:30.980 She is parroting the same old line that the abortion movement has parroted for 50 years,
00:20:36.480 more than 50 years, which is that before Roe versus Wade, in the years right before it,
00:20:41.080 thousands of women were dying every year from back alley abortions.
00:20:44.060 That's not true.
00:20:45.900 That's just not true.
00:20:46.780 We know how many women died from back alley abortions the year before Roe versus Wade.
00:20:50.740 It's 39.
00:20:52.100 Not 39,000, not 3,900.
00:20:54.860 39.
00:20:56.180 We have these statistics from the government.
00:20:59.900 We have these statistics from pro-abortion organizations.
00:21:03.780 Do you know how many women died that year from legal abortions?
00:21:07.140 24.
00:21:08.800 So this is actually even another knock on Elizabeth Warren's stupid argument.
00:21:13.220 She's saying that the illegal abortions were so much more dangerous than the legal abortions.
00:21:16.980 They weren't.
00:21:17.620 When you consider the number of states where abortion was legal and illegal,
00:21:21.500 the rate of death for legal and illegal abortions was roughly the same.
00:21:27.060 The illegal abortions were not substantially more dangerous than the legal ones.
00:21:32.360 And that was 50 years ago.
00:21:33.760 And still, it was 39 women and 24 women.
00:21:38.380 Those are the numbers that we're talking about here.
00:21:41.300 Okay.
00:21:41.560 Just a total lie.
00:21:43.480 Where did the thousands of women number come from?
00:21:45.180 It came from Dr. Bernard Nathanson, who was an abortionist,
00:21:47.980 who was one of the leaders of the Abortion Rights League, NARAL.
00:21:51.980 And he admitted in his memoir, he just made it up.
00:21:54.380 He just made it up.
00:21:56.000 And she's making it up too.
00:21:57.320 And she's really, really angry.
00:21:58.720 And she's shrieking.
00:21:59.460 And she's screaming.
00:22:00.080 And she's crying.
00:22:00.820 And the libs are attacking pro-lifers all around the country
00:22:03.760 and going and scaring the Supreme Court justices
00:22:06.100 and scaring their little kids at their homes
00:22:07.740 because they know they don't have a single argument.
00:22:10.480 They don't have one, not one single argument.
00:22:15.740 I went on this little thought experiment yesterday
00:22:18.080 because the pro-lifers are winning right now.
00:22:23.320 But the pro-lifers are, we're stuck in the debate.
00:22:28.460 I think we're winning politically.
00:22:29.760 I think people have come over to our side.
00:22:31.360 But in terms of the actual debate,
00:22:32.820 you're sitting there having an abortion debate.
00:22:34.180 I think a lot of times people just spin their wheels.
00:22:37.820 And it's because the debate focuses entirely on rights.
00:22:42.200 Okay, it just rights, rights, rights.
00:22:43.920 The rights of the baby to live,
00:22:45.260 the right of the mother to have bodily autonomy.
00:22:47.600 And you just debate all of the different rights.
00:22:49.560 And some of the most famous arguments for abortion
00:22:51.780 involve these crazy thought experiments about rights.
00:22:54.780 One of the most famous arguments is that
00:22:56.340 you wake up one day and you find out
00:22:57.820 you're plugged into a dialysis machine
00:22:59.740 with the world's greatest violinist.
00:23:01.620 And you were kidnapped in the middle of the night.
00:23:04.020 It was determined that your kidneys are the only kidneys
00:23:06.040 that can help this violinist survive.
00:23:08.540 And so you were plugged into a machine with the violinist.
00:23:11.140 And if you unplug yourself, the violinist is going to die.
00:23:15.180 But if you leave yourself plugged into the violinist
00:23:17.320 for nine months, then the violinist will get to live.
00:23:21.140 Do you have an obligation to stay plugged in for nine months?
00:23:23.380 Or do you have the right to remove the machine?
00:23:27.920 This is considered one of the great,
00:23:29.860 probably most popular arguments for abortion.
00:23:32.200 It's a very silly argument.
00:23:33.680 And it's a very stupid argument.
00:23:35.980 But it did get me thinking about a different,
00:23:37.740 how can we shake ourselves out of this debate on abortion
00:23:41.880 where it's just about rights, rights, rights, rights, rights?
00:23:43.500 Because the libs love to talk about rights.
00:23:45.980 My politics does not begin from the perspective of rights.
00:23:48.860 I don't think that we're born as free-floating atoms
00:23:51.040 in outer space who just have rights and entitlement.
00:23:53.780 I think that we are born first with obligations,
00:23:56.600 with duties, with loyalties, responsibilities to our families,
00:23:59.780 to our community, and to our God.
00:24:01.480 So I have a different experiment.
00:24:04.460 Let's say you wake up one day, you open your door,
00:24:06.500 and on the doorstep, there is a dirty, filthy, rotten bum.
00:24:10.320 I'll get to this experiment in just one second.
00:24:12.180 First, though, starting this Friday,
00:24:13.580 you can send in voice mailbags.
00:24:15.220 Yes, that's right.
00:24:16.220 Send a voice memo to my mailbag.
00:24:17.840 We will play it on the show.
00:24:19.180 Get your voice heard on The Michael Knowles Show.
00:24:21.600 Send those in.
00:24:22.340 We're very excited to hear from you.
00:24:23.980 Also, if there's one thing that you know about me, it's this.
00:24:27.400 I never turn down an opportunity to kick back,
00:24:29.800 smoke a cigar, and talk politics with my friends.
00:24:32.220 That's right.
00:24:32.680 You should not turn down such an incredible opportunity either.
00:24:36.500 That is right.
00:24:37.180 It is time for another Backstage Live, June 29th,
00:24:39.440 at the historic Ryman Auditorium in downtown Nashville, Tennessee.
00:24:42.740 This is your chance to get in on all the smoke-filled fun and festivities.
00:24:46.880 Join me, Ben Shapiro, Matt Walsh, Andrew Klavan,
00:24:48.860 and the Daily Wire God King, Jeremy Boring,
00:24:51.000 for our biggest live event of the year.
00:24:52.780 Tickets go on sale Thursday, May 12th at 10 a.m. Central
00:24:55.520 for Daily Wire all-access members only.
00:24:58.300 12 hours later, they go on sale for the general public.
00:25:00.700 If you are not an all-access member, do not miss out.
00:25:02.780 Head on over to dailywire.com slash subscribe
00:25:05.400 and become an all-access member today.
00:25:08.380 Daily Wire, Backstage Live, Ryman Auditorium, Nashville, June 29th.
00:25:11.760 See you there.
00:25:12.200 We'll be right back with a lot more.
00:25:13.280 Imagine for a second that you open your door one day
00:25:29.240 and there sitting on your doorstep is a dirty, filthy, rotten, disgusting bum.
00:25:34.160 And this dirty, filthy, rotten, disgusting bum is really, really thirsty.
00:25:40.620 He's dying of thirst.
00:25:42.220 His lips are chapped.
00:25:43.600 You can tell she's on the brink of death.
00:25:47.360 You have water in your house.
00:25:49.940 Maybe bottled water.
00:25:51.240 Maybe just a tap.
00:25:51.920 Maybe just a spigot on the side of your house.
00:25:55.140 Do you have an obligation to give that filthy, dirty, rotten, disgusting bum some water?
00:26:00.760 I think you do.
00:26:02.560 Let's take it even a little bit further.
00:26:04.640 You've got this filthy, dirty, rotten, disgusting bum.
00:26:07.060 He's out there and he is dying of exposure.
00:26:09.800 It's not just that he's cold.
00:26:11.360 It's not just that he's, you know, would like to sit by your fire.
00:26:15.300 He is on the brink of death.
00:26:18.020 And you're living in the country and there's no one around.
00:26:21.620 You're not living in a high rise in the city.
00:26:23.560 You're living in the country.
00:26:24.700 There's no one around for miles.
00:26:26.580 Even if you call the police,
00:26:27.800 even if you call an ambulance or something,
00:26:30.200 they are not going to get there in time to save this guy from dying of exposure.
00:26:34.900 Do you have an obligation to take him into your home for just a little bit,
00:26:39.580 just a few hours, just until someone else can get there to save his life?
00:26:44.280 I think you do.
00:26:46.180 Now, it's your water.
00:26:48.700 It's your shelter.
00:26:49.940 It's your home.
00:26:51.560 You could say,
00:26:53.120 these are my things.
00:26:54.240 This is my water.
00:26:54.860 This is my house.
00:26:55.500 It's mine to give or withhold as I please.
00:26:57.400 And I choose.
00:26:58.200 It's my right to withhold it.
00:27:02.580 You could do that and you could let the bum die.
00:27:04.800 But I strongly suspect that you would have the sneaking suspicion
00:27:07.660 that there's something wrong with that,
00:27:09.440 that you actually,
00:27:11.120 I don't know, it's just wrong.
00:27:13.160 Don't you?
00:27:13.580 That's the suspicion that I would have.
00:27:16.480 Now imagine that we're not talking about your doorstep,
00:27:19.660 but we're talking about your womb.
00:27:21.120 Now imagine we're not talking about a filthy, dirty, rotten, disgusting bum,
00:27:25.420 but a little baby.
00:27:27.600 Okay?
00:27:27.880 The analogy actually is not precise
00:27:30.620 because abortion does not just involve withholding something like nutrients from the baby.
00:27:35.900 It actually involves going in and poisoning the baby
00:27:37.820 and then dismembering him in the body.
00:27:39.200 So it's,
00:27:39.660 but let's just,
00:27:40.320 for the sake of the abortion supporters argument,
00:27:42.420 let's just pretend for a moment that abortion is more like eviction than like murder.
00:27:47.880 Okay, let's just pretend.
00:27:50.500 Do you have an obligation to provide shelter for that baby if the baby is there?
00:27:57.200 And it's a life or death question.
00:27:59.060 Do you have an obligation to provide sustenance for that baby, for your baby?
00:28:05.060 You could say, look, it's my body, my body, my choice.
00:28:08.460 You could say, hey, look, it's my nutrients, mine to withhold or give.
00:28:13.020 But I think we all suspect that there's something kind of wrong with that.
00:28:17.220 Now, if the dirty, filthy, rotten, disgusting bum who you don't know from Adam
00:28:22.580 has some legitimate claim on the water in your house,
00:28:28.720 has some legitimate claim on you,
00:28:31.280 has some legitimate claim on you saving him
00:28:35.220 or you in some way offering of yourself to save him.
00:28:38.600 If the dirty, rotten, gross, disgusting bum
00:28:40.540 who's probably lived a completely dissolute life has that claim,
00:28:43.220 certainly we should be able to say that your own baby has at least as much claim.
00:28:50.180 This scenario really bothered some people when I floated it yesterday on social media.
00:28:56.520 And it bothered some people because it's coming at the abortion issue
00:29:00.620 from a completely different standpoint than we are used to coming at it from.
00:29:04.420 It's actually coming at politics from a completely different standpoint
00:29:06.980 than we are used to coming at it from.
00:29:08.820 Not just that the left is used to coming at it from, but the right too.
00:29:12.300 Because we're all stuck in this liberal rut of talking about rights.
00:29:17.400 Rights, rights, rights, rights, rights, in the abstract, floating in free space
00:29:20.540 with these crazy hypotheticals about violinists being attached to us in a hospital bed.
00:29:26.600 But I'm not talking about a wild, crazy, out of the ordinary hypothetical.
00:29:32.200 I'm talking to you about something that really could happen.
00:29:34.100 You actually could have a derelict show up to your door.
00:29:36.120 I'm not saying it's likely, but it could happen.
00:29:37.460 And you might be living in the country and there might not be help.
00:29:40.180 And you actually could be called upon to do this.
00:29:43.000 And you would know, despite not having reasoned through it and thought about it
00:29:46.940 in some long philosophical track, you would just know instinctively
00:29:50.280 that you should give the bum water.
00:29:51.960 And that you should maybe even take him in for a couple hours until he can get some help.
00:29:55.320 You just know that.
00:29:56.340 You know that deep down.
00:29:57.500 And as much as you try to reason yourself out of it
00:29:59.520 and convince yourself that that's not true, you know that it is true.
00:30:02.680 Okay?
00:30:04.960 All the more so it is true about abortion.
00:30:06.780 And I think, frankly, even beyond the abortion question,
00:30:10.460 a lot of our political problems and divisions would be greatly improved
00:30:16.640 if we would just stop for a second thinking of the entire world
00:30:21.560 and ourselves and our community as these ideological abstractions.
00:30:26.420 And if we stopped thinking about politics entirely about what we're entitled to
00:30:30.000 and what we have the right to do, start thinking about what is my obligation?
00:30:34.420 What is my duty?
00:30:37.500 We used to understand this.
00:30:39.800 Conservatives certainly understood this.
00:30:41.960 Even Democrats.
00:30:43.500 JFK.
00:30:43.900 Ask not what your country can do for you, but what you can do for your country.
00:30:47.240 Help out.
00:30:47.720 Lend a helping hand.
00:30:48.540 It's not the idea that the moral order imposes certain obligations on us.
00:30:52.120 And we don't just have the right to do whatever the hell we please at any given time.
00:30:56.740 That's not how we think anymore.
00:30:58.060 Now we just think about me, me, me, me, me, and it leads people to absurd places.
00:31:03.080 There is a leftist right now who just attacked another pro-life women's group.
00:31:08.160 This happened at 10 p.m. on Saturday night.
00:31:11.280 This leftist attacked the Concerned Women for America,
00:31:14.720 and he did that by showing up to their headquarters, to their office,
00:31:19.760 screaming, yelling, flipping them off, and then urinating on their building.
00:31:23.420 Exposing himself and urinating on their building.
00:31:25.860 The head of the CWA says,
00:31:27.880 Attacks on our employees and our building will not deter Concerned Women for America
00:31:31.120 from standing up for women and for babies.
00:31:33.160 We will not be bullied.
00:31:33.960 We will not back down.
00:31:34.980 And we will never, ever stop fighting to protect human life.
00:31:38.560 If you are a grown man, there's video footage of this, by the way.
00:31:43.140 If you are a grown man who shows up and urinates on a women's organization's building
00:31:48.740 and screams and yells and shrieks,
00:31:51.320 something has probably gone wrong in the way you're thinking about things.
00:31:54.600 If you are an adult and you march to a residential neighborhood to scare a judge's children
00:32:01.080 because you don't like a ruling that the judge may hand down,
00:32:06.280 something has gone wrong with the way you're thinking about politics.
00:32:09.640 If you think that the most sacred right that you have as an American is to kill a little baby,
00:32:16.800 no matter all the different reasons,
00:32:18.580 something has gone wrong with your way of thinking, okay?
00:32:23.320 There was a wonderful response to some of the left-wing protests in Sam Alito's neighborhood.
00:32:29.340 So you've got all these crazy leftists chanting, change the ruling,
00:32:33.060 you know, trying to influence this judge's opinion.
00:32:35.180 And one of Sam Alito's neighbors,
00:32:37.940 instead of going out and yelling and shrieking at the protesters,
00:32:40.260 he decided to just sit at his piano and play a hymn.
00:32:44.540 We are not your incubators!
00:32:48.900 We are not your incubators!
00:32:53.220 Justice!
00:32:55.300 Now!
00:32:57.020 Justice!
00:32:59.120 Now!
00:33:00.920 Justice!
00:33:02.960 Now!
00:33:03.640 You can hear them screaming and shrieking and going up and down the residential neighborhood,
00:33:08.820 and then you just hear this man.
00:33:10.220 You don't even see him.
00:33:10.760 Just hear him inside his home.
00:33:11.840 I guess he's got the window open, playing,
00:33:13.960 "'Tis So Sweet to Trust in Jesus."
00:33:16.600 Who do you want to be?
00:33:18.500 Who do you think has the better grasp on reality?
00:33:21.660 The crazy, shrieking people with all sorts of colorful hair and angry clothing
00:33:27.660 and shrieking and yelling and crying on the street,
00:33:30.580 or the man sitting at his piano playing a nice hymn of gratitude
00:33:34.320 "'Tis So Sweet to Trust in Jesus."
00:33:36.620 It's obviously the man.
00:33:38.980 We should all be this guy.
00:33:40.180 This is the way to do it.
00:33:42.120 He is standing firm.
00:33:43.900 He's not fleeing his house.
00:33:45.240 He's not getting out of town.
00:33:46.560 He's not running away to some hotel.
00:33:48.220 He's standing firm.
00:33:49.880 He's not throwing Sam Alito, his neighbor, under the bus.
00:33:52.440 No, he's there.
00:33:54.320 But he is serene.
00:33:56.180 Okay?
00:33:56.600 He is willing to take it.
00:33:58.440 He's not afraid of the mob.
00:33:59.560 No, he's just going to play "'Tis So Sweet to Trust in Jesus,"
00:34:02.700 because it is.
00:34:04.860 He and the protesters have very, very different worldviews.
00:34:09.900 His view, which is Christianity,
00:34:12.560 used to be the public view of the United States until very, very recently.
00:34:17.060 I know sometimes people say,
00:34:18.420 we are not a Christian nation, but that's not true.
00:34:20.680 We are obviously a Christian nation.
00:34:22.360 The people who founded the country were almost all Christians.
00:34:24.840 The public ceremonies, the public orations, the ethos, the founding documents,
00:34:32.440 they all speak to a Christian worldview.
00:34:36.740 What the protesters believe in is secular liberalism, leftism.
00:34:40.680 That's their religion.
00:34:42.320 It's private and it's public.
00:34:43.740 And they want the public religion of the United States to be secular leftism.
00:34:47.660 There's a town in Brazil.
00:34:49.720 Travel with me for a second, down to South America.
00:34:52.400 There's a small town in southern Brazil that just constructed a gigantic statue of Jesus.
00:34:59.160 A statue that is even larger than the famous Christ the Redeemer statue in Rio.
00:35:05.100 This town is Encantado.
00:35:07.040 It's a town of 23,000 people in Brazil.
00:35:09.820 And they just unveiled this statue, Christ the Protector, on April 22nd.
00:35:14.440 It was funded by a local volunteer organization.
00:35:16.400 They spent, obviously, a lot of money to build this statue.
00:35:20.440 I love it.
00:35:21.940 This really matters.
00:35:23.140 Why does this matter?
00:35:23.940 This matters even if you're not a Christian.
00:35:26.060 Okay, this matters if you are just a normal, sane person
00:35:30.100 who doesn't like the way the left has turned this country.
00:35:34.120 Because what this statue represents is public Christianity.
00:35:38.840 There is going to be public belief.
00:35:41.460 There is going to be public ritual.
00:35:43.660 Okay, I think we all get that now.
00:35:46.400 A lot of cultural conservatives have been saying this for 50 years,
00:35:49.240 and usually just until we're blue in the face and it doesn't go anywhere.
00:35:53.260 But people are beginning to see that.
00:35:55.560 We have public rituals all the time.
00:35:57.780 We have pride parades.
00:35:59.500 Now it's like pride quarter of the year.
00:36:01.800 It used to be pride day, then pride week, then pride month.
00:36:04.460 Now it's like pride three months.
00:36:07.040 We have drag queen story hours, a kind of public ritual.
00:36:10.360 We have public saints that we venerate like St. George Floyd and others.
00:36:14.440 We have this kind of public religion.
00:36:15.880 We have the maxims and the dogmas of the public religion like tolerance and diversity and equity
00:36:20.920 and inclusion, right?
00:36:21.720 We have all of this stuff.
00:36:24.400 Which religion do you think has given us the better country?
00:36:27.560 Public leftism?
00:36:29.040 Public liberalism?
00:36:30.760 Or public Christianity?
00:36:32.740 Obviously public Christianity.
00:36:34.300 You would want to live in the country that has public Christianity.
00:36:37.640 Whether you're a Christian, whether you're a Protestant, whether you're a Catholic,
00:36:40.360 whether you're a Jew, whether you're a Muslim,
00:36:42.380 whether you're an agnostic, atheist, normal person
00:36:44.700 who doesn't want to trans the kids and burn the country down every six months.
00:36:49.340 If you are any of those things, you will prefer the country with public Christianity.
00:36:54.420 So let's do it, okay?
00:36:55.940 Let's drop the charade.
00:36:57.660 Let's stop pretending that there is some neutrality.
00:37:01.100 That this was the last 50 years, there was this experiment that the left proposed
00:37:05.800 and the right bought it hook, line, and sinker.
00:37:07.400 That somehow the country is going to be completely neutral
00:37:09.520 and not take a position on anything.
00:37:11.320 That's why we've got to kick the Bible out of schools in the mid-20th century.
00:37:14.320 That's why we've got to kick prayer out of schools,
00:37:15.860 prayer out of the public square.
00:37:17.220 That wasn't true from the beginning of this country.
00:37:19.820 We had all of those things from the beginning of this country
00:37:22.100 until very, very recently.
00:37:23.800 And coincidentally, when we lost all that stuff
00:37:25.520 and when we exalted liberalism,
00:37:27.320 everything went to hell in a handbasket.
00:37:29.120 So maybe it's time to turn around.
00:37:31.780 If it's not even for your personal belief,
00:37:33.980 do it for the good of your political society.
00:37:37.400 Now, beyond the cultural issues,
00:37:41.920 there is a lot going on here that is just structurally messed up.
00:37:48.460 I'm not even talking about the cultural institutions,
00:37:52.360 the social institutions, or the schools.
00:37:53.860 I'm talking about the underlying economy.
00:37:56.380 We opened up the show talking about Janet Yellen saying how
00:37:59.880 we need more abortion so that we can make more money.
00:38:02.860 The economy is relying on abortion.
00:38:04.440 There's obviously a big connection between the social issues and the economy.
00:38:08.560 But people are not feeling very good about the economy right now.
00:38:11.260 Inflation fears are near record highs.
00:38:14.240 Record highs.
00:38:14.860 Americans' inflation fears are at a near record high in April.
00:38:18.320 Consumers are expecting the price of everyday goods to stay elevated
00:38:21.080 in the coming years,
00:38:22.420 according to a key Federal Reserve Bank of New York survey
00:38:25.160 published on Monday.
00:38:27.000 So, you know, on this show, we've got a wonderful sponsor, Birch Gold.
00:38:30.260 And we have the sponsor because conservatives tend to like some of these hard assets
00:38:34.140 to diversify their portfolios.
00:38:35.640 So anyway, I called up a friend of ours over at Birch Gold
00:38:38.620 to give us his sense of what this means for the economy.
00:38:41.400 I don't need to tell you that everything is getting much more expensive
00:38:46.440 and inflation is hitting record highs
00:38:49.680 and we're having all sorts of terrible economic problems.
00:38:53.560 So now the Fed is scrambling to hike rates
00:38:56.380 so that they can try to get this inflation monster under control.
00:38:59.720 And I really don't know how this is going to work.
00:39:02.820 But fortunately, we are joined right now by someone who does know
00:39:06.440 because Philip Patrick is a Birch Gold precious metals specialist.
00:39:12.360 You know how much I love Birch Gold.
00:39:13.860 They are great supporters of the show.
00:39:16.280 And so I figured, look, I don't know a damn thing about this topic.
00:39:18.940 So I'm just going to ask someone who actually does.
00:39:21.820 Thank you so much, sir, for coming on the show.
00:39:25.220 Thank you very much for having me, Michael.
00:39:26.780 It's an honor.
00:39:27.640 So, Philip, when the Fed announces last week
00:39:30.600 they're going to hike interest rates by half a percentage point,
00:39:33.260 was that an announcement that you were expecting?
00:39:35.020 Yeah, look, the Fed under Powell is probably the most predictable Fed
00:39:41.280 we've seen in many, many years.
00:39:43.280 And they've been telegraphing this half a percent rate hike for quite a while.
00:39:48.500 In fact, the Treasury market had already priced it in.
00:39:51.800 And they didn't disappoint, of course.
00:39:54.060 We've known for a while that they're coming
00:39:55.860 because inflation has now become a political priority for the Fed.
00:40:00.420 They're trying to address it.
00:40:02.460 And in fact, in that speech, Powell said that rates need to now go up expeditiously
00:40:07.880 in order to get inflation under control.
00:40:10.220 So we've got more rate hikes in front of us between now and the end of the year.
00:40:14.520 I think they're predicting the federal funds rate at 3% by the end of the year.
00:40:19.840 So as you'd expect, on the back of news like that,
00:40:23.020 the markets are already starting to suffer.
00:40:25.260 I am glad that I locked in my mortgage before this happened.
00:40:29.540 But it's still not going to protect me from all the economic craziness that's going on
00:40:33.220 at the grocery store, at the gas pump, everywhere else.
00:40:35.720 So how do you think this is going to play out in the market?
00:40:39.440 Well, first of all, I think it was good news locking in your mortgage
00:40:42.520 because rates are now at 13-year highs.
00:40:45.320 So that was a smart move.
00:40:46.780 Look, it's already starting to unwind.
00:40:49.380 This sort of Fed-sponsored everything bubble,
00:40:52.500 we're starting to see unwind.
00:40:54.000 The markets have been hit badly this year.
00:40:56.940 S&P down 16% for the year so far.
00:41:00.300 NASDAQ, worst start to the year since the previous financial crisis in 2008.
00:41:05.480 And even bonds aren't showing a reprieve.
00:41:07.980 The broad bond market is down 10% for the year to date.
00:41:13.600 The Wall Street Journal said it was the worst bond market since 1842,
00:41:18.200 for a little bit of context.
00:41:20.660 Yeah.
00:41:21.180 10-year Treasury now, close to 3%, which, again, doesn't bode well for the markets.
00:41:27.940 Usually the markets perform a lot better with Treasury yields under 3%.
00:41:31.900 So as I said, I think this bubble is starting to unwind.
00:41:37.120 It looks like the party's over.
00:41:39.020 I'm almost, and I say almost because it's hard for me to feel sorry for Powell,
00:41:44.120 but I'm almost starting to feel sorry for him because, you know, he's got a very difficult challenge.
00:41:49.700 It's like he's trying to land a plane here without an engine.
00:41:53.140 Is it theoretically possible?
00:41:55.320 Absolutely.
00:41:56.340 But there's a lot of extraneous circumstances making it difficult for him.
00:42:00.220 We have an executive branch that is spending money like it's going out of fashion.
00:42:05.640 We've got central banks selling off dollars now to 25-year lows.
00:42:10.400 There's a lot of ways to crash this plane and only one way to land it safely.
00:42:15.020 So I think we've got some tough times ahead, unfortunately.
00:42:18.340 Well, that is an apt image because what the Fed wants is to get a soft landing.
00:42:23.740 And soft landing meaning they avoid some terrible recession or all sorts of economic problems.
00:42:28.820 So what do you think the likelihood is of that?
00:42:31.780 I think it's slim.
00:42:33.220 Even in perfect conditions, this soft landing, and I could call it the proverbial soft landing
00:42:39.480 because I don't think from this circumstance it's ever been achieved before.
00:42:44.540 Look, our best chance, I think, is synergy, right?
00:42:47.800 We need cooperation, we need synergy, and an executive branch and a Fed that are working
00:42:53.140 together.
00:42:54.380 But it doesn't seem like we've got that.
00:42:56.780 We've got an administration, like I mentioned, trying to push through massive spending packages.
00:43:01.840 And what's concerning is they're not even being truthful, right?
00:43:05.660 They were telling the American people, look, this is anti-inflationary, it's going to lower
00:43:10.140 debt.
00:43:11.340 And even if they were working hand in hand, like I said, it's going to be difficult.
00:43:16.160 But look, to break it down, we need to get debt, we need to get spending under control,
00:43:22.180 which, again, not really happening with Biden.
00:43:24.960 We need to rebuild faith in the U.S. dollar as a meaningful global reserve again.
00:43:30.780 But again, the policies they're concerning, we're weaponizing our dollar, we're forcing
00:43:35.480 Russia and China now to look for alternatives, which they're doing with priority.
00:43:40.480 And we need to get inflation under control.
00:43:42.900 And that, I think, is going to be hard for the Fed, too.
00:43:46.960 Look, they need to raise rates aggressively to do it, right?
00:43:51.640 But they're so concerned about crashing the markets, they're sort of stepping it up.
00:43:57.000 But here's the big problem.
00:43:58.480 Even if they were to get aggressive, even if Powell was to turn into Paul Volcker, I'm
00:44:03.680 not sure we can, right?
00:44:05.120 Volcker had rates at 15% the last time inflation was today's level.
00:44:10.820 We can't do that today.
00:44:12.300 We've got $30 trillion of national debt.
00:44:15.360 So if we were to raise rates too high, debt service payments would be not feasible.
00:44:20.700 So the chances of a soft landing here, I think it's going to be very tough.
00:44:25.060 So I think people need to try and look at how they can weather the storm.
00:44:28.780 That's such an important point with the debt, because the only reason that we can afford all
00:44:32.180 this debt and we keep taking all of that is because we're not really paying a whole lot
00:44:35.680 of money to service it.
00:44:36.700 But the minute those rates go that high, then we're in big trouble.
00:44:39.200 So, OK, so you're saying we need to get spending under control.
00:44:41.640 Not going to happen.
00:44:42.600 We need to get debt under control.
00:44:44.100 Not going to happen.
00:44:45.160 We need to get good fiscal policy.
00:44:47.600 That's definitely not going to happen.
00:44:49.000 So then I suspect, I know your answer to this.
00:44:52.580 I suspect your answer is the same answer that I would have.
00:44:55.680 What can we do?
00:44:56.880 Look, I think you do know the answer.
00:45:01.720 But look, I think the key is to understand the issues, which is why shows like this are
00:45:06.440 so important.
00:45:07.220 You keep people informed.
00:45:08.680 And I think once you understand the issues, then the solutions start to present themselves.
00:45:12.980 There was an interesting quote from the president of the National Bank of Poland, and he summarized
00:45:18.600 why they're buying gold.
00:45:20.660 He said gold is not directly linked to any nation's economy and can withstand global unrest
00:45:26.580 in financial markets.
00:45:28.100 And we're seeing it being used.
00:45:30.220 Russia, after we sort of took them off swift, we destroyed their currency.
00:45:34.460 They pegged oil to gold prices and, of course, stabilized the currency.
00:45:40.220 So we can use it in the same way.
00:45:42.480 Look at the nature of our issues.
00:45:44.460 We have currency devaluation.
00:45:46.220 We have inflation.
00:45:47.340 We have bubbles in the stock market.
00:45:49.080 As negative as these things are for people holding stocks and bonds, they're very positive
00:45:54.880 drivers for safe haven assets like gold and silver.
00:45:58.660 Inflation drives them up.
00:46:00.640 Market corrections tend to drive them up.
00:46:03.420 So they're conducive for the climate they're in.
00:46:06.020 So I think for individuals, it's just a case of hedging some of your exposure so that if we
00:46:10.940 do see broad corrections in the market, we see inflation eroding buying power.
00:46:15.480 At least there's a portion of your portfolio that can grow in that climate and mitigate.
00:46:20.620 So it's just about diversification and making sure people are hedged.
00:46:24.340 And as long as you are, you can weather this storm.
00:46:26.740 Right.
00:46:26.920 I joked, actually, when Birchgold first came on the show a long time ago, I said, now I
00:46:31.620 know that I've made it as a conservative broadcaster because Birchgold has been a really great supporter
00:46:36.360 of conservative shows and of this show.
00:46:38.580 But there's a reason.
00:46:39.440 It kind of makes sense.
00:46:40.280 There's a reason why conservatives generally really like to diversify our portfolios with
00:46:45.160 gold, with silver.
00:46:46.620 And it's because of all the things that you've just stated.
00:46:48.600 So if you want to get a free info kit, no obligation whatsoever, text Knowles right now
00:46:54.700 to 98 98 98.
00:46:56.600 Something tells me probably some people now are kicking themselves and wish that they texted
00:47:00.900 to get that info kit a few weeks ago or a few months ago.
00:47:03.760 But it's not too late.
00:47:04.760 Just text it right now to Knowles to 98 98 98.
00:47:08.500 Philip, thank you so much for coming on and helping to clarify this.
00:47:12.640 And thank you for supporting the show.
00:47:14.560 Thank you very much for having me, Michael.
00:47:17.480 As Andrew Klavan likes to quote Ernest Hemingway as pointing out, things happen gradually, then
00:47:23.220 suddenly.
00:47:24.060 And big economic problems can happen gradually, and then suddenly, then all at once.
00:47:29.140 That's what we're seeing happen right now.
00:47:31.140 Probably the craziest story of the day, we don't have time to really get into it, is that there
00:47:34.960 is a baby formula shortage going on right now.
00:47:38.260 Not just a minor baby formula shortage, like a really, really big one.
00:47:42.180 Like 40% of all baby formula products nationwide are currently out of stock, according to data
00:47:48.280 that were reported by CNN.
00:47:51.020 Libs are blaming this on a recall of products from one plant by this one group, Abbott Nutrition.
00:47:56.480 Regardless, this is a huge problem.
00:47:59.240 Some people are saying, well, just have the mothers breastfeed.
00:48:01.320 Not all mothers can breastfeed, not all babies will latch, and sometimes the supply is not
00:48:05.100 enough.
00:48:05.660 This is an actual acute food problem.
00:48:08.140 This is a starvation problem right now for the most vulnerable people among us.
00:48:12.660 Because of what?
00:48:14.860 It's not just because this one plant went down.
00:48:16.660 It's because of the horrible economic turmoil that our politicians foisted on us by shutting
00:48:22.120 down the whole damn world for a cough for two years, and by disrupting the supply chain,
00:48:26.160 which disproportionately hurts industries such as baby formula.
00:48:29.680 This is a big, big economic problem that's going to have massive cultural effects, and
00:48:35.120 the Libs are calling it a conspiracy theory, and they don't want to talk about it.
00:48:38.080 When people were reporting on this a couple of weeks ago, they said, no, no, fake news,
00:48:41.860 completely ignore it, nothing to see here.
00:48:43.420 Now we're seeing the real effects.
00:48:44.780 Well, what's going to happen down the road?
00:48:46.920 Time to prepare ourselves, time to be serene but firm and fight back because things could
00:48:54.260 get, things could be changing gradually and then suddenly.
00:48:57.640 I'm Michael Knowles, this is The Michael Knowles Show, see you tomorrow.
00:48:59.720 If you enjoyed this episode, don't forget to subscribe.
00:49:08.840 And if you want to help spread the word, please give us a five-star review and tell your friends
00:49:12.960 to subscribe.
00:49:14.240 We're available on Apple Podcasts, Spotify, and wherever else you listen to podcasts.
00:49:19.480 Also, be sure to check out the other Daily Wire podcasts, including The Ben Shapiro Show,
00:49:24.000 The Andrew Klavan Show, and The Matt Walsh Show.
00:49:26.280 The Michael Knowles Show is produced by Ben Davies, executive producer Jeremy Boring,
00:49:31.300 supervising producer Mathis Glover, production manager Pavel Vidovsky, editor and associate
00:49:36.600 producer Danny D'Amico, associate producer Justine Turley, audio mixer Mike Coromina, and
00:49:42.940 hair and makeup by Cherokee Heart.
00:49:45.180 The Michael Knowles Show is a Daily Wire production, copyright Daily Wire 2022.
00:49:48.860 Today on The Ben Shapiro Show, Joe Biden comes up with an odd label to attack his political
00:49:53.440 opposition.
00:49:54.700 Ultra mega!
00:49:56.480 Plus, the White House encourages protesters to break the law by descending on the homes
00:50:00.080 of Supreme Court justices, and the Treasury Secretary is now very much in favor of abortion
00:50:04.380 to help the economy, you know.
00:50:05.700 That's today on The Ben Shapiro Show.
00:50:06.780 Give it a listen.
00:50:07.140 Thanks, guys.
00:50:08.620 Bye.
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