Ep. 1709 - The Stock Market Is Crashing — and Americans Love It
Summary
The stock market is tanking globally, and even some of President Trump s staunchest defenders are turning on his massive tariff policy. Every genius pundit, all the economists and political analysts agree that the walls are closing in on Trump. But when Trump implemented the tariffs that tanked the market, his public approval rating went up.
Transcript
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Even some of President Trump's staunchest defenders are turning on his massive tariff policy.
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Every genius pundit, all the economists and the political analysts, they all agree,
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Except they're all ignoring one really important number for Trump's and MAGA's political future.
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When Trump implemented the tariffs that tanked the market,
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The market is getting absolutely pummeled, okay?
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Right off the top, some of you are a little more wild with your investments than others.
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Me, I'm extremely conservative, which means I miss out on all these great runs of the market.
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But it also means I'm not sweating bullets when things like this happen.
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But there is a major, major market correction that has happened.
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Dow Futures has posted back-to-back losses of more than 1,500 points.
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And yet, Daily Mail, JL Partners just posted a poll.
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This is a poll of Trump's approval during the tariff week.
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Well, not everyone, but a lot of people are losing a ton of money.
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And yet, during that period, President Trump's job approval rating rose four points.
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So actually, tariff week, the worst week in recent history for financial markets,
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that actually was the breaking point for Trump to get over 50%.
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Since March 7th, Trump's approval among young voters, we're talking about voters 18 to 29,
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Well, surely his approval among Democrats or independents, that must have gone down, right?
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Well, what about some of the most solidly Democrat voters?
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Sure, I know Trump did fairly well with black male voters, but there's no way.
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He must be getting pummeled with black voters, right?
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No, it's actually up 17 points in a single week.
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What if you ask people about the tariffs themselves?
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More people support the tariffs than oppose the tariffs.
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In reality, 100% of people have no idea what the tariffs really mean
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and what all the long-term consequences are going to be.
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But everyone's pretending like they know what the tariffs are.
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But among the people who have an opinion about the tariffs,
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more people support the tariffs than oppose the tariffs.
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The tariffs and the market tanking are political winners for Trump.
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There is a difference between the chattering class and public perception.
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between the media presenting to you what's going on in the world
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We always talk about the lame stream, left wing, drive-by, stupid,
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But even with new media, even with the rise of podcasting and streaming,
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still there is a chasm because virtually everyone I've been listening to
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There are serious, serious risks to this tariff regime,
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And I'm just pointing out, the chattering class does not at all reflect actual public perception.
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More people like these tariffs than do not like these tariffs.
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Most people approve of what Trump is doing right now.
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Most people don't care at all that this market is way down.
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Because for most people, this doesn't really mean anything.
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If they have their money invested in the market at all, even through 401k or something,
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The 50 wealthiest people in the country are getting absolutely destroyed right now.
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I think he's the only one that hasn't posted major losses.
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Oracle from Omaha, really doing an amazing job.
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But the rest are just getting absolutely pummeled.
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They don't care if Zuckerberg loses some money.
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They don't even really care if Elon loses some money.
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And Elon is a big voice in this administration,
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though possibly opposed to the tariffs, according to some reports.
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In fact, even more than some reports, Elon's taking to Twitter
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to go after some of the pro-tariff voices in the Trump administration.
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Trump, for his point of view, is coming at me saying the tariffs are like medicine.
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You're unwilling to tolerate this idea of a Trump hood?
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I mean, I think it's a, I don't want anything to go down.
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But sometimes you have to take medicine to fix something.
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And we have such a horrible, we have been treated so badly by other countries
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because we had stupid leadership that allowed this to happen.
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Now we have hundreds of billions of dollars is pouring into our country on a monthly basis.
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It's already started because they put tariffs on.
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And eventually it's going to straighten out and our country will be solid and strong again.
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And so for some people, that medicine is going to be like taking a little Advil
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And for some people, the medicine is going to feel like a combination of amputating multiple limbs
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What was that in the middle of the 20th century?
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Anyway, it's going to feel a little tougher for some people than others, won't it?
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And it's going to resonate with the people politically that Trump has to speak to.
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And that's not necessarily going to be multimillionaires who are going to be pulling their hair out.
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But the base, the people that are actually the ones that go to the polls and drive the elections,
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Because whatever pain people are feeling with the market downturn now
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is the kind of pain that a lot of America has been feeling for 30 years.
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And for those 30 years when the jobs were being outsourced,
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when the people in the middle of the country who were in the lower middle class to the working class
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were losing their economic and social position,
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while this was leading to the dissolution of families and deaths of despair and all the rest of it,
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and while the wealthier classes were cheering this on
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because it meant that they could get cheaper knickknacks from China,
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while the lower classes were complaining about this,
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the upper classes said, oh, well, learn to code, catch up, innovate.
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This is just naturally how the economy develops.
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It wasn't natural for Bill Clinton to welcome China into the World Trade Organization.
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The policies of free trade, especially in the 1990s, that came about that did, in fact, gut a lot of America,
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They were intentional choices by political leaders who weighed the costs and the benefits and decided to move forward.
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And a lot of the benefits accrued to the upper classes and a lot of the costs were borne by people in the middle of the country,
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people in the Rust Belt, people who worked in manufacturing, and that's just a fact, okay?
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So I don't think you're going to get a lot of sympathy out of that middle America working class base
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because now wealthy people are feeling some market pain.
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They're going to say, hey, where were you when I was feeling pain for 30 years?
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Scott Besant, the Treasury Secretary, explained this very, very well.
00:10:17.580
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That is policygenius.com slash Knowles, K-N-A-W-L-E-S.
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Also, speaking of life insurance and the possibility of death, I'm going to be speaking at the University
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You can live stream it on the YAF YouTube channel.
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You might recall two years ago when I went to Pitt, they set the street on fire, burned me
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in effigy, and then anarchists threw an explosive at the building when I was supposed to walk
00:12:05.420
A police officer, a female police officer, was very seriously injured there.
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One of those anarchists is in a federal prison right now.
00:12:19.600
And if you're not, if you're just online, go check it out on the YAF YouTube channel.
00:12:23.500
And I think we're going to try to stream it to my YouTube channel as well.
00:12:27.480
Subscribe to the Michael Knowles YouTube channel.
00:12:31.820
Treasury Secretary Scott Besson, please explain how Trump implementing these massive tariffs,
00:12:39.700
completely tanking global markets, might not be a terrible thing.
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I'm not happy with what's going on in the market today, but the distribution of equities across
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households, the top 10% of Americans own 88% of equities, 88% of the stock market.
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They have auto loans, and we've got to give them some relief.
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And I was really struck by two different statistics last year.
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Summer of 2024, Americans took more European vacations than they had in history.
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Summer of 2024, more Americans were using food banks than they ever have in history.
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I don't think the bottom 50% of Americans are losers.
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So much insight in what the Treasury Secretary has said here.
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So he uses the great example of the record number of people going on European vacations,
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And what it speaks to is a more immediate problem, which is the system, even in its particulars,
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Do you really think the stock market gains of the past year have been sustainable?
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Do you think they've really reflected sturdy underlying economic realities?
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And by the way, I'm not just saying this now to cover for the administration or to try to put a
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I have been very bearish in my personal investments.
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I have not, for what, I don't have Scott Besson money, but for what coins I do have lying about,
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I have not seriously invested in the stock market over the last year because it just feels like
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Besson says, we were headed for an economic calamity.
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Would it have been really fun for me to come in and just keep issuing a lot of debt?
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And it's almost like a bodybuilder is taking steroids.
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But it would have been easy to keep pumping up the economy, borrowing a lot of money,
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There was no controversy when we're doing all that.
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If you go back and look, you look at the financial crisis in 07, 08, economy looked great right up until then.
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You go back and you look at the end of the dot-com bubble and then the whole credit problem,
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the fraud at WorldCom, Enron, some other companies.
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And I think one of the things that we won't get credit for,
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but that this administration will have done, is avoiding a financial calamity.
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And his critics are going to mock him for this, say, oh, yeah, it's an unfalsifiable, hypothetical situation.
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And you're saying that had we not implemented the tariffs and tanked the markets,
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there would have then been a financial calamity.
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Economists had already been predicting a recession, an imminent recession, before Trump got elected.
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I wasn't heavily investing my money in the stock market.
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And there are a lot of other people just like me who said, this just feels fake.
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Even with this major correction, as of Friday at least, we'll see what the markets do today.
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It's not as though the market returned to 1929 levels here, folks.
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Even with this major market correction, this huge tanking of the global markets,
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the U.S. markets returned to where they were May 2nd of last year.
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It's not, it's actually not the end of the world, even though it might seem like it is in the moment.
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What is Scott Besson implying that Trump is doing here?
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Reagan is inaugurated and the economy goes pretty much immediately into recession.
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And Reagan, it would seem, wanted to get that recession out of the way early.
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The idea was go through the financial pain that is going to happen.
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And then you can come out the other end of it and be ready for the reelect.
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When you're running for president in 1983, 1984, people aren't going to remember all that financial pain.
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And you're going to have mourning in America again.
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So I think that is a similar thing to what Trump is doing here.
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The problem is Trump isn't running for another term unless they amend the 22nd Amendment.
00:18:16.260
And he goes for term three and becomes, you know, Donaldus Magnus, the first emperor, followed by Octavian Baron Augustus Trump.
00:18:28.980
Which means I've been really rosy and I'm totally, you know, defending the Trump policies in principle.
00:18:34.320
But in practice, we have to have some caution here.
00:19:08.780
Already with the headwind that the party in the White House loses the midterms.
00:19:15.040
Then how are you supposed to have an upswing before the midterms?
00:19:19.680
The fear here is that the Trump plan is just too ambitious.
00:19:25.760
Or you might phrase it as the fear here is that the Trump plan just came about too late.
00:19:31.960
We had too many decades of this brittle, fragile financial system, economic system.
00:19:38.420
And that trying to totally overhaul it overnight, it was just the hour was just a little bit too late.
00:19:45.480
But the problem with Trump's plan is not the plan in principle.
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And you don't just have to take my word for it.
00:19:55.080
The House Democrats released a video with some, I don't know, some two-bit Democrat congressman, Chris Deluzio, who was taking advantage.
00:20:05.280
Here is the Democrats' opportunity to pummel Trump.
00:20:10.940
Chris Deluzio here from Western Pennsylvania, proud son of the Rust Belt.
00:20:15.500
I think a wrong for decades consensus in Washington on free trade has been a race to the bottom.
00:20:23.580
The president's tariff announcement, though, and his trade strategy has been chaotic.
00:20:28.820
We should not treat our economic allies, like Canada, the same as trade cheats like communist China.
00:20:34.120
I do not want to see corporations use the cover of these tariffs to now price gouge families.
00:20:41.460
They can be used strategically or they can be misused.
00:20:44.140
They've got to be used in sectors that make sense.
00:20:46.520
They've got to be paired with real, meaningful industrial policies, pro-worker policies.
00:20:51.540
I'm talking about tax incentives to juice American manufacturing, get those supply chains back home,
00:20:57.140
to go after corporate price gouging and stock buybacks,
00:21:00.540
and better protections for workers to have the freedom to form and join a union.
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We've got to get a better trade approach in this country.
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And we've got to put workers and American families at the heart of it.
00:21:10.700
Okay, the first craziest thing about that video is the horrible production value.
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That's just the video that the House Democrats posted with all those crazy jump cuts.
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Aren't these guys supposed to be in bed with Hollywood?
00:21:30.860
The second craziest thing about that video is that even while the Democrats are taking advantage to pummel Trump,
00:21:38.240
the weakest he's been in many years, and they're going to slam him over the head,
00:21:41.800
as they do that, they're admitting that Trump is right.
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The whole thesis of that video is Trump is right in principle.
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In theory, he's totally right, more right than the establishment Republicans and the establishment Democrats.
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That's a terrible position for the Democrats to be in.
00:22:08.600
And it, I think, helps to explain why Trump's approval ratings went up the week of the tariffs.
00:22:14.160
And smart political observers, I don't care, hopefully the Democrats don't pay attention to this bit of advice
00:22:20.020
because I don't want to doubt them, but the Republicans who are listening right now,
00:22:24.580
pay attention to that number, and pay attention to what the Democrats are doing.
00:22:28.540
The smart Democrats, the clever Democrats, are recognizing,
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Maybe don't even really go after it in practice.
00:22:40.640
Because most voters, at least the plurality, but maybe most voters,
00:22:47.000
they don't care when billionaires' portfolios decline.
00:22:51.720
They want, and they are demanding, and they have been demanding for decades,
00:23:01.640
Lost civilizations, Nephilim, ancient megaliths.
00:23:05.040
In this episode of Michael and I, sit down with the rogue archaeologist Tim Alberino
00:23:09.780
to uncover what your history books will not tell you about the ancient past.
00:23:16.520
Many of these extraordinary megalithic sites around the world were built in the age before the flood.
00:23:22.260
The ancient Egyptians and the Greeks and the Romans and all the rest of them,
00:23:25.400
they believe that the very same thing occurred.
00:23:27.800
I don't even know if people are going to believe me when I say this.
00:23:29.300
When you started talking about the aliens and the antimatter, all the lights went off.
00:23:37.680
It like fizzed, like the picture got all crazy.
00:23:41.820
Watch a full episode right now on the Michael Knowles YouTube channel
00:23:52.240
or catch the uncensored F-free version exclusively at Daily Wire+.
00:24:03.600
There were big protests in a whole lot of cities all around America.
00:24:09.920
You can see there's a good number of people, a little swarm.
00:24:13.720
It's like Democrat Mecca, you know, almost like they're swarming the Kaaba or something like that.
00:24:26.900
However, thousands of people in Boston, one of the most Democrat cities in the country,
00:24:41.100
To put that in perspective, that's a fraction of a fraction of the people who show up to one Trump rally.
00:24:46.820
One Trump rally maybe in the middle of nowhere.
00:24:50.380
I don't think this protest showed what the Democrats wanted it to show.
00:24:58.180
It was highly organized, so you know there was big Democrat campaign money going into this.
00:25:05.940
I don't think it was all paid actors or anything.
00:25:07.340
In fact, I personally know some people who showed up to this protest because, as you know, I'm from a liberal place,
00:25:11.920
and I've lived in other liberal places, and I went to a liberal school.
00:25:22.520
1,500, a few thousand, compared to a Trump rally, which could have 20,000, 30,000, 40,000 people.
00:25:33.920
The approval rating goes up four points north of 50% now.
00:25:40.100
Democrats are going to need to try something else to really gin up popular resentment against Trump.
00:25:46.860
Bernie Sanders and AOC are teaming up with, let me check my notes here,
00:25:51.960
Neil Young and Joan Baez for a stop oligarchy rally in Los Angeles.
00:26:05.400
This is, you just fill in the blank with all the silliest answers you possibly can.
00:26:15.520
She is a leader of the left wing of the Democrat Party.
00:26:19.840
But if you're talking about the future, the avant-garde, how we're really going to create a great new America tomorrow.
00:26:33.320
If you really want to excite the youths, you know, young voters swung for Trump in the last election.
00:26:43.460
We're going to get a couple of aging rock stars who look like crazy people.
00:26:49.540
Neil Young looks like, he always looked like a crazy person.
00:26:52.240
Now that he's old, out of shape, hasn't written a popular song in decades, what is going to happen?
00:27:00.980
He's going to go, keep on rocking in a free world.
00:27:04.620
The young people, there won't be any young people at the rally.
00:27:10.700
You're going to hold it in LA, the city that just burned to the ground because of Democrat mismanagement.
00:27:15.860
Because of politicians blowing it on the basic aspects of government.
00:27:21.180
And we know this for a fact because President Trump warned the Democrat governor of California,
00:27:26.560
who wants to run for president now, in 2018, that this exact thing would happen
00:27:31.320
if the Democrat governor kept up with the Democrat policies.
00:27:34.820
So they're going to go in the charred ruins of LA, burned to the ground because of Democrats.
00:27:39.620
They're going to bring a bunch of people who haven't been hip in 50 years.
00:27:44.800
And the nearest to an attractive, exciting person there is going to be Alexandria Ocasio-Cortez.
00:27:57.440
Maggie Rogers, Indigo D'Souza, Jeff Rosenstock, the Red Pairs,
00:28:07.820
I thought the Democrats were in bed with Hollywood.
00:28:20.060
Nothing, nothing, says avant-garde like 150-year-old rockers.
00:28:24.180
The silliest part of all, though, is the title of the rally, Stop Oligarchy, because whatever
00:28:43.000
You cannot simultaneously attack oligarchy and populism.
00:28:48.380
The knock on Trumpism, on MAGA, is that it's populist, and it's unleashing all of the unwashed
00:28:55.780
hordes, you know, the deplorable, irredeemable mob of miscreants to take over our government.
00:29:01.900
These people who lack expertise, who lack sophistication, who are basically like those
00:29:11.280
But that's the opposite of an anti-oligarchy argument.
00:29:14.040
In fact, when you make the argument against Trump that the Democrats have been making,
00:29:18.020
the anti-populism argument, you are making an implicit argument for oligarchy, because
00:29:23.760
you're saying, we actually do want the deep state and the financial elites and these moneyed,
00:29:30.100
powerful, entrenched interests to run our government, because the unwashed masses are just unfit to
00:29:38.600
Does anyone seriously think Trump is an oligarch?
00:29:40.760
All the billionaires just lost like hundreds of billions of dollars this week.
00:29:47.360
And the people who don't care or who are happy are the relatively poor people, which is most
00:29:58.800
It doesn't, that just doesn't, none of this rings true.
00:30:01.940
And so it will be poorly attended, and it won't make a lick of difference.
00:30:06.320
Just like the hands-off protest this weekend won't make a lick of difference.
00:30:12.320
The economy could get to such a horrible point that it finally starts affecting Trump.
00:30:17.200
It will have nothing to do with Democrat tactics against him.
00:30:21.120
If Democrats do end up winning in the midterms or the next presidential election cycle, it will
00:30:25.840
be in spite of themselves, not because of anything they have done.
00:30:29.660
Now, speaking of celebrities, Russell Brand has been charged with multiple counts of rape.
00:30:38.940
British police say they charged actor-comedian Russell Brand on Friday with rape and multiple
00:30:43.320
counts of assault in cases relating to four separate women between 1999 and 2005.
00:30:50.740
So the most recent case is from 20 years ago, and that this entire series of charges comprises
00:31:12.580
Firstly, thank you for these incredible and overwhelming messages of support.
00:31:18.220
We're very fortunate, in a way, to live in a time where there's so little trust in the
00:31:23.140
We're very fortunate, I suppose, that this is happening at a time where we know that the
00:31:27.040
law has become a kind of weapon to be used against people, institutions, and sometimes entire
00:31:33.880
nations that will not accept and tolerate levels of corruption that are unprecedented.
00:31:39.100
I'm speaking particularly to those of you that are watching this in the UK.
00:31:42.440
How do you feel about your legal system right now?
00:31:45.240
How do you feel about some of the high-profile cases that are not being pursued and prosecuted?
00:31:50.480
How do you feel that the Southport murders were handled?
00:31:53.680
How do you feel about the government of Keir Starmer?
00:31:58.740
Me, I've always told you guys that when I was young and single, before I had my wife and
00:32:03.620
family, we were just out of shot over there, my beautiful children, I was a fool, man.
00:32:08.280
I was a fool before I lived in the light of the Lord.
00:32:12.000
I was a drug addict, a sex addict, and an imbecile.
00:32:21.220
This video does nothing to convince me that he was a rapist or that he wasn't a rapist.
00:32:34.540
Well, if you tell me all those things, then you tell me you might have committed a crime.
00:32:40.060
You might have engaged in a kind of blurry, did they really consent?
00:32:48.760
What I do know is that these allegations are from 20 to 26 years ago.
00:32:54.840
And I will give you the Knowles rule of forensics.
00:33:01.240
Okay, this is what I apply when I'm trying to ascertain if a charge is legitimate or not,
00:33:07.860
For every year that passes between an alleged crime and a formal allegation,
00:33:15.860
skepticism should increase by five percentage points.
00:33:26.160
So if it's five years, I'm going to be 25% skeptical.
00:33:33.800
You make it, you say, five years ago, so-and-so committed this terrible action.
00:33:38.040
I'm only hearing about this now five years ago.
00:33:41.560
Look, five years isn't a lifetime away, but I'm a little skeptical.
00:33:44.660
If you tell me something happened 10 years ago, but it's really serious and he needs to be prosecuted,
00:33:50.240
especially if he's a public person, especially if he's saying things I don't like.
00:33:52.640
10 years ago, I'm about 50% skeptical that this even happened.
00:34:06.920
This seems to me like Donald Trump stuff, where someone starts saying and doing things that people don't like politically,
00:34:15.560
and all of a sudden someone comes up and says, hey, actually, back during the Coolidge administration,
00:34:22.020
this guy used the salad fork for his entree, and so I think we need to give him the electric chair.
00:34:26.320
I just don't, I don't buy, I don't have any explanation as to why these allegations would not have come out earlier.
00:34:35.380
You might say, well, because 20 or 26 years ago, this society was totally prejudiced against women coming forward.
00:34:51.060
You're telling me, no, during all of that, forget about it.
00:34:55.480
But now that Russell Brand is a prominent political media figure, he's identified weirdly enough on the right.
00:35:04.200
He doesn't really seem like a conservative, but he's on the right, and he's embracing Christianity, at least in some way.
00:35:10.820
And now, all of a sudden, he's a rapist and needs to rot in prison.
00:35:18.060
I disagree with Russell Brand that he could not have been such a degenerate that he actually committed that kind of a heinous crime.
00:35:30.440
If you delve to the depths of vice and degeneracy, you could commit just about any crime.
00:35:38.320
Honestly, 26 years later, we're making the allegations.
00:35:43.900
Five percentage points for every year that goes by without an allegation.
00:35:51.240
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00:35:57.020
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00:36:21.820
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00:36:52.640
My favorite comment yesterday is from KellyGirl4996 who says,
00:36:57.220
Christians forgive, he can't let this thug ruin his life too.
00:37:02.420
Story we're about to get into right now, actually.
00:37:04.240
But really good comment, really good observation, because forgiveness, we forgive because God tells us to.
00:37:16.400
When something terrible happens to you, you know, look, you allow people to, the prosecutions to continue, you trust in God's justice and everything.
00:37:24.860
But you forgive in part because the man who sets out for vengeance should dig two graves.
00:37:29.460
And that's the old proverb, because if you constantly are focusing on avenging old wrongs, it'll ruin your own life.
00:37:40.120
And it's easy to say when, you know, someone stole your cupcake in the third grade or when, you know, someone smacks you across the face.
00:37:47.340
It's harder when someone really commits very, very grievous sins against you.
00:37:51.740
But at least for your own good, it'll serve you better.
00:37:56.060
Sure. So speaking of that crime, there's an ongoing criticism of Jeff Metcalf, the father of Austin Metcalf.
00:38:05.940
Austin Metcalf, the 17-year-old football player with really good grades, who had a bright future ahead of him,
00:38:11.440
who was stabbed in the heart by some complete animal at a track meet or a football meet.
00:38:24.160
And this absolute animal stabs him in the chest because Austin Metcalf said, get out of my seat.
00:38:32.760
So the murderer, the murder suspect is arrested.
00:38:37.100
And the father, Jeff Metcalf, comes out and he says, I forgive him.
00:38:45.780
There's been all this criticism calling him weak, calling him some insinuating that he's been paid off
00:38:51.040
because, because the murderer was black, the alleged murderer was black, and the victim was white.
00:38:58.780
So that in order to advance political correctness and wokeness and to quell racial tensions,
00:39:07.200
he was somehow forced to forgive this kid or something.
00:39:14.660
Jason Whitlock, I thought, had a good take on this.
00:39:16.520
He said, if you believe your son is sitting with Jesus and that biblical obedience requires you to deny yourself,
00:39:23.620
then you can understand Jeff Metcalf's effort at grace and mercy.
00:39:28.060
The effort to shame and smear Austin Metcalf's dad is despicable.
00:39:34.040
Whatever one thinks of Jeff Metcalf's reaction, everyone is going to form his own opinion.
00:39:43.260
Some are going to say it was the perfect reaction.
00:39:45.420
Some are going to say it was a terrible reaction and one can make all sorts of arguments.
00:39:50.180
Whatever one thinks of that reaction, one simply does not criticize the grieving father of a murdered son
00:40:10.880
I'm not saying we need to be all little prissy fancy playing by the Marquess of Queensbury rules and politics.
00:40:16.640
And if anyone thought that before 2016, Trump knocked that idea right off the table.
00:40:21.800
But in our daily comportment, in the regular social relations that constitute most of our lives,
00:40:38.220
Where everyone thinks not only that he is entitled to his own opinion, but that he is entitled to express it in any venue or any mode that he wishes at any time that he wishes.
00:40:49.440
That's not how civilized societies behave anyway.
00:40:54.260
Yes, does one have a private opinion over how would you react?
00:41:00.160
First of all, you don't know how you would react if this horrible thing happened to you.
00:41:19.920
And it's really because of social media because everyone's a big tough guy behind a keyboard on Twitter or whatever.
00:41:26.120
But it's not even about toughness or gentility or anything like that.
00:41:41.380
Now, speaking of crimes, an illegal alien has bragged about being an illegal alien on TV at the aforementioned left-wing hands-off protest this weekend.
00:41:58.140
I am undocumented, unafraid, queer, and unashamed.
00:42:33.380
The temerity, the audacity to come into our country, to break our laws, enter into our country, violate some of the most basic laws in the country, and to get up on stage on television, on our publicly funded television channel, and say, yeah, I broke all your laws, and you're not going to do anything about it.
00:42:54.840
This is why, this is why, this is why, that is why Americans are not upset about the tariffs.
00:43:03.440
That is how Trump's approval rating went up when the tariffs were implemented and the market tanked.
00:43:09.180
Because Americans increasingly understand that elites view this country as an economic zone, as a piggy bank to be just shaken, jumbled the whole thing up.
00:43:20.800
If we can squeeze out another penny, and social order, law, justice, that's all a joke.
00:43:28.960
We're just going to ring this thing for every dollar it's worth.
00:43:31.820
And most Americans here are saying, no, you know, we want a country, actually.
00:43:43.440
Not that these illegal aliens do all that much for GDP.
00:43:52.980
Trump needs to ramp up the deportations considerably.
00:43:55.800
And I understand it's a difficult thing to do, and they're working on it, you know, they're first going after the face-tattooed gangsters.
00:44:04.120
But if you have a country where that lady feels empowered to get up there and say, I'm breaking all your laws, you know, hey, come and gimme, you're not going to do it, then we have a ridiculous-looking country.
00:44:21.540
The best argument the Democrats are making right now, the best argument is that these illegal aliens need to be imported into the country so that they can work for very, very low wages that Americans won't work for.
00:44:36.900
Americans won't do their jobs because Americans won't work for such a low wage.
00:44:41.340
So hold on, your liberal, bleeding-heart, kumbaya humanitarian argument for mass migration is that we need to oppress the poor?
00:44:56.940
They're accustomed to too good a lifestyle and too many rights, so we can't pay them the slave wages that we can pay the Guatemalan peasants.
00:45:04.200
Oppression of the poor is one of the four sins that cries out to heaven for vengeance.
00:45:07.380
And the Democrats, who are always prattling on about how much they care about the poor, their explicit argument for mass migration is we need to oppress the poor.
00:45:16.720
And the American poor won't let us do it, so we got to import the Venezuelan poor.
00:45:23.420
But it does help you to understand how we can have the worst days of the stock market since 1987, okay?
00:45:33.400
We can have what could be the beginning of a global financial collapse, and people will continue to support Trump, will actually support him all the more so.
00:45:44.160
That is how toxic the liberals in this country and elsewhere have made their brand and their ideology.
00:45:57.120
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