The Michael Knowles Show


Ep. 1712 - Let Him Cook! Stop Pretending You Understand Tariffs


Summary

Just when the free traders thought that President Trump was about to unleash a global depression, and just when the protectionists were convinced that Trump was going to hold firm on all the tariffs, just when all of the pundits and prognosticators were dead certain that they knew exactly what Trump was doing and why he was doing it, President Trump confounded them by pausing his plan for 90 days on every country but China.


Transcript

00:00:00.000 Just when the free traders thought that President Trump really was going to hurl us into a global
00:00:05.200 depression, and just when the protectionists were convinced that Trump was going to hold
00:00:10.920 firm on all the tariffs, just when the pundits and prognosticators and all manner of bloviators
00:00:17.160 were dead certain that they knew exactly what Trump was going to do and why he was going to do
00:00:21.320 it, President Trump confounded all of them by pausing his tariff plan for 90 days on every
00:00:27.220 country but China. And of course, as is always the case with pundits and prognosticators, both sides
00:00:34.540 are claiming victory. The free traders, the panic hands, as Trump dubbed them, insist that they
00:00:41.020 prevailed in convincing Trump to abandon the policy. The protectionists, on the other hand, insist that
00:00:46.340 this was really the plan all along, to bluff with all the other countries only to zero in on China,
00:00:52.560 5D chess. And both of those theories have big holes in them, which we'll get to in one second.
00:00:56.620 But amid all those voices of total confidence, among all the people who are frequently wrong but
00:01:03.440 never in doubt, there was one man who offered an alternative view. You know how much it pains me
00:01:10.500 to say I told you so. But there was one man who said that both sides of the debate were talking out
00:01:17.120 of their derrieres. There was one man who admitted the unspeakable obvious, namely, that no one,
00:01:24.440 including senior administration officials, really had any idea what the rationale was behind the
00:01:31.460 tariffs. That Trump's distinct political gift is unpredictability. A man who offered this advice
00:01:38.000 on how to handle the situation. In case you forget, here is a little clip from just a couple of days
00:01:43.840 ago to jog your memory. We'll see how this goes. It is entirely possible that this doesn't work out.
00:01:51.380 It sends us hurtling into a global recession. Republicans get completely destroyed in the
00:01:57.260 midterms. A Republican never wins election again. It's all possible. Okay. But Trump's gut has been
00:02:05.520 pretty good so far. He won re-election with a mandate to do something different, something much like this.
00:02:11.980 I would just say, channeling my inner spiritual Zoomer, let him cook. Okay? Let him cook a little
00:02:18.520 bit. See what he whips up in the kitchen. Trump has a good gut. He's got a good track record.
00:02:24.840 No one knows what he's thinking. But he won a big election, and we should just let him cook for a
00:02:29.740 little bit. Then yesterday, while everyone was trying to explain why his own definitive theory was
00:02:37.140 always correct, the White House published this three-word statement on the matter.
00:02:43.880 Let him cook! Exclamation point. I'm Michael Knowles. This is the Michael Knowles Show.
00:02:49.860 Welcome back to the show. Also, just when you think all the silly pronoun nonsense is over after the
00:03:14.740 2024 election. The Dems make a big point to double down on it during the CNN town hall. And the White
00:03:21.340 House responds with its own policy on they-them pronouns. We will get to all of that in one
00:03:27.380 moment. First, though, go to vandycrisps.com slash Knowles. Get 25% off. Spring is when we throw open
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00:04:41.900 Get these very luxurious, delicious potato chips for 25% off. The one thing that you are not allowed to
00:04:49.560 do in political commentary, in politics generally, is to admit uncertainty in anything. But sometimes,
00:04:58.560 admitting uncertainty is the most precise take. All of these people, they were so smart. They knew
00:05:07.560 exactly what Trump was going to do. They knew exactly why Trump was going to do it. And they
00:05:11.440 all look foolish today. And look, it takes a big man, it takes a very big, handsome man with a great
00:05:18.540 cigar company to admit when he doesn't know exactly what Trump is doing. But if you admit that fact,
00:05:27.140 then when Trump reverses course and zags when everyone's zigging and confounds everybody else,
00:05:34.540 at least you were honest. You actually give the correct take on things. So what are the alternative
00:05:41.580 views? You're going to have the pundits and prognosticators declaring victory today
00:05:46.260 for their perfect predictions. They're going to say, no, no, this was always the plan.
00:05:52.620 This was always the plan. We just threw global markets into turmoil and obliterated a lot of
00:05:58.500 wealth on paper and irritated all of our allies because we were actually always trying to arrive
00:06:05.480 at this exact position where we take away most of the tariffs on basically everyone except for China.
00:06:11.960 And there is some good evidence for that position. Some good evidence is that the Treasury Secretary,
00:06:17.920 Scott Bessent, a very intelligent, very capable man, obviously senior administration official,
00:06:23.360 has said this was the plan all along.
00:06:26.700 This was driven by the president's strategy. He and I had a long talk on Sunday,
00:06:31.620 and this was his strategy all along. And that, you know, you might even say that he goaded China
00:06:38.760 into a bad position. They responded. They have shown themselves to the world to be the bad actors.
00:06:47.160 And we are willing to cooperate with our allies and with our trading partners who did not retaliate.
00:06:55.400 It wasn't a hard message. Don't retaliate. Things will turn out well.
00:06:59.220 So you might say Trump has goaded China into a bad position. And what is the bad position? The bad
00:07:04.340 position is they've revealed themselves to be bad actors. And so anyway, we were just kind of fooling
00:07:10.080 around with our allies. But China looks really bad. Okay. The one side can point to them. The
00:07:16.980 side of the argument that says actually Trump just got spooked and this wasn't the plan all along and he
00:07:22.540 was just reacting to markets can point to this somewhat off the cuff statement that Trump himself
00:07:30.080 made yesterday.
00:07:31.400 Is it the bond markets that persuaded you to reverse course?
00:07:36.440 No, I was watching the bond market. The bond market is very tricky. I was watching it. But if
00:07:40.560 you look at it now, it's beautiful. The bond market right now is beautiful.
00:07:46.040 But yeah, I saw last night where people were getting a little queasy. I think everything had
00:07:52.320 well, the big move wasn't what I did today. The big move was what I did on Liberation Day. We had
00:07:59.500 Liberation Day in America. We're liberated from all of the horrible deals that were made, all of the
00:08:04.500 horrible trade deals that were made. And I was helped by people just like this, senator, congressman
00:08:11.120 and friends, right? And we had great help in the Senate. Republican senators have been amazing.
00:08:18.780 They stood tall and likewise in the House.
00:08:21.820 Okay. So there you got it. Right from Trump. He says, yeah, I was watching the bond market.
00:08:26.820 People were getting a little bit queasy. So anyway, but that's not the big deal. The big deal is what
00:08:30.320 I did when I implemented the tariffs. So both sides of this are going to declare victory and that they
00:08:35.680 were right all along. And the fact is, even today, we don't really know. We don't really know. To this
00:08:43.260 day, I could not tell you exactly what Trump was after on April 2nd with the tariffs. I can't tell
00:08:49.900 you exactly what he's after right now. And neither can you. And neither can any of these pundits who
00:08:54.500 are pretending like they got a crystal ball. They don't know anything. You think you can predict
00:08:58.860 Trump? Okay, cool, man. Good luck. I got a bridge in Brooklyn to sell you. We still don't know.
00:09:04.120 So there's a 90-day pause on the tariffs. That means that the Dow Jones shot up, what,
00:09:09.560 3,000 points yesterday. Trump here is talking about the bond market. The U.S. bond market
00:09:16.080 cratered yesterday. Some people were wondering, well, hold on. Did the bond market crater because
00:09:21.400 China started dumping U.S. bonds? Don't forget, China owns a lot of U.S. debt. China owns something
00:09:29.540 like, on paper, $800 billion worth of U.S. Treasury securities. And in reality, probably
00:09:36.640 it's closer to a trillion dollars or even more than a trillion dollars. So there was this thought,
00:09:41.440 okay, we're in a trade war with China. China's really playing tough. They're going to stick
00:09:44.260 it out to the end. Maybe they started dumping U.S. bonds to destroy the U.S. bond market,
00:09:49.500 which obviously did spook a lot of people. President Trump is admitting there. He says,
00:09:52.780 yeah, people are getting a little queasy about that. Regardless of what this means for the
00:09:58.700 strategy on the tariffs, which I don't really care about. Trump's got a good gut. He's got a
00:10:02.900 good track record. It's a fool's errand to try to predict what he's going to do. And I think we're
00:10:06.320 just going to let him cook for a little bit. I'm not saying forever. I'm not saying give him a total
00:10:09.300 blank check to do whatever he wants. But the guy won a big election. He's got a good track record.
00:10:14.080 Just whatever, man. Don't sweat it. Don't be a panicking. I'm all for that.
00:10:17.180 But this does reveal, I think, the vindication of the Trump protection strategy writ large.
00:10:28.580 By which I mean this. I don't think that China was dumping U.S. bonds yesterday. I was talking
00:10:32.720 to an investor friend of mine who said, no, I don't think it was China. I think it was actually
00:10:37.080 some other firm. And it was other market forces beyond the Chinese government trying to really
00:10:42.800 get us. However, what that revealed was a major strategic weakness for the United States.
00:10:50.840 We are really susceptible to fluctuations in the bond market because we're a country that has an
00:10:56.260 insane amount of debt. And a ton of our debt, what, two to three percent of our debt is owned by
00:11:01.120 our biggest geopolitical adversary. And that's a problem. That's not Trump's problem. It's not even,
00:11:07.600 it is Trump's problem, but it's not a problem created by Trump. It's not a problem created by Joe Biden.
00:11:11.900 It's a problem that goes back decades at this point, but it's a major problem. It highlights
00:11:18.520 the absolute urgency of reordering our relationship with China, which went off the rails during the
00:11:26.960 Clinton administration because we stupidly allowed China into the World Trade Organization.
00:11:32.320 And we said that bringing China into global trade in a robust way was going to lead to democracy,
00:11:39.160 and China was going to westernize even more and liberalize, and we were all going to hold hands
00:11:43.660 and sing kumbaya as citizens of the world. And that didn't happen. And now we're extremely vulnerable
00:11:49.140 to China. It's unclear who would win a trade war, US or China. And it's clear that we have a lot of weak
00:11:58.320 points that China in particular can exploit. Now, on top of all of that, the market rallied like
00:12:07.180 crazy yesterday. When Trump said we're going to put a pause on most of the tariffs for 90 days,
00:12:11.080 the market went nuts. 3,000 points up on the Dow. The investors loved it. However, we should not draw
00:12:18.440 the wrong political conclusion from that because while the markets love freer trade and the markets
00:12:23.940 seem to hate protectionism and certainly seem to hate the volatility, public opinion polls are
00:12:29.160 revealing that the American people are on exactly the opposite side of that issue. We'll get to that in
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00:13:49.740 Before the announcement yesterday that Trump was going to pause the tariffs for 90 days,
00:13:58.740 before the big market jump, Trump's approval rating was still up. Not on Wall Street. I don't
00:14:06.140 think his approval rating was up on Wall Street. Not with big investors, but with the American people.
00:14:13.180 45% according to Rasmussen of likely U.S. voters said the government does not do enough to protect
00:14:22.320 U.S. manufacturers and businesses from foreign competition. In other words, 45% saying we love
00:14:28.980 the tariffs. Only 17% said that the government protects American business too much. So when you
00:14:36.800 hear all of the pundits and all of the prognosticators and all of the fancy people at the think tanks and
00:14:41.660 on TV with the bow ties saying, actually, the real problem is that the government is doing too much
00:14:47.280 to intervene in the economy. And actually, they're picking winners and losers. And actually, here's
00:14:51.300 my economic analysis of why that's really bad. Just know that is a view held by 17% of American
00:14:56.200 voters. 45% of voters, almost three times that group of people, say that the government needs to
00:15:04.920 do more to protect U.S. manufacturing. 25% think that the current level of protection against foreign
00:15:11.820 competition is about right. 14% are not sure. 25% saying the current level of protection against
00:15:16.380 foreign competition is right is a little confusing. Because that poll came out after Trump announced
00:15:22.300 his Liberation Day tariffs. Now, it's before the effects of those tariffs were really felt.
00:15:29.060 But that might mean a quarter of people saying, yeah, Liberation Day tariffs, that's good.
00:15:32.420 That's the right amount of protection. On top of that, 45% of voters said the country was on the
00:15:36.900 right track, up from 44% before the Liberation Day tariffs were announced.
00:15:44.620 So you've got this amazing scenario where the market is saying one thing and the American people
00:15:50.800 are saying the polar opposite. The market's saying, we hate these tariffs. This is horrible.
00:15:56.000 We've lost confidence in Trump. Everything's good. The Dow Jones is going to tank, the NASDAQ,
00:16:00.420 the S&P, the bond market. Everything's going to go into the gutter. And yet, after the tariffs,
00:16:05.960 the American people say, oh, we actually approve of Trump even more now. Before the tariffs,
00:16:13.120 before that increase in his approval rating, Trump had a 44% approval. That was 98th percentile over
00:16:19.100 the last 19 years of polling when it comes to presidential approval. That's pretty good.
00:16:23.660 And it went up with the tariffs. Most people are not panic ends, to use that great phrase. And
00:16:31.820 most people, or the plurality of American voters at least, are not ideological free traders.
00:16:42.960 Virtually everyone in the chattering class and the political class and the elite class and the investor
00:16:47.220 class are ideological free traders. The lion's share of Americans are not. So what does this
00:16:54.600 tell you? This tells you that there's a showdown between Wall Street and Main Street, which is
00:16:58.900 exactly what the Treasury Secretary, Mr. Besant, pointed out yesterday when he was speaking to the
00:17:04.480 American Bankers Association. For the last four decades, basically since I began my career in Wall
00:17:10.600 Street, Wall Street has grown wealthier than ever before. And it can continue to grow and do well.
00:17:17.220 But for the next four years, the Trump agenda is focused on Main Street. It's Main Street's turn.
00:17:24.060 It's Main Street's turn to hire workers. It's Main Street's turn to drive investment.
00:17:29.880 And it's Main Street's turn to restore the American dream.
00:17:33.680 The ideological free traders and the libertarians and the ideologues are not going to like that
00:17:41.440 statement. Because they're going to say, actually, a rising tide lifts all ships. And actually,
00:17:45.960 when Wall Street does well, that is good for Main Street. And actually, it doesn't matter if American
00:17:50.340 manufacturing exists at all, because Americans are going to save so much money on cheap Chinese goods
00:17:55.520 that they're going to get an extra five or six thousand dollars a year effectively in their
00:17:58.680 pocket. And so who cares if they have a job? Who cares if they have skills? Who cares if they're
00:18:02.760 rooted in their community? Who cares? They're going to get a bunch of cheap stuff. And in the abstract,
00:18:08.300 that's really, really good. And yeah, they might not have families and they might overdose on
00:18:12.040 fentanyl and they might just kill themselves. But we don't need it. Let middle America die.
00:18:17.900 There were people who wrote and said such things the first time Trump was talking about this in 2016.
00:18:24.520 But Besant and Trump understand a really important political point,
00:18:29.840 which is that politics is not just about some ideology that you can write in a university
00:18:36.400 textbook. And politics is not just about
00:18:40.340 ticking up GDP a little bit because there are going to be downstream effects that are really
00:18:44.740 good. And everyone's a consumer as well as a producer. And if we're saving money on our
00:18:48.460 consumption, that's really actually good when you really think about it.
00:18:51.140 There were decisions that were made at the level of the federal government over the past 30, 40 years
00:19:00.180 that allowed, as Besant points out, Wall Street to flourish a lot of the time and Main Street to
00:19:07.180 suffer. There were trade deals that were signed. There was an intentional move in policy to do this.
00:19:17.380 And it was because the men at that time, going back at least to the Clinton administration,
00:19:22.000 weighed the costs and benefits and said, OK, at this moment, this is what's going to benefit
00:19:25.520 our society. But politics is applying eternal principles to changing circumstances.
00:19:30.060 And when you've got the average American life expectancy declining because of deaths of despair,
00:19:35.300 driven in particular by middle aged white guys, when you've got American towns being hollowed out,
00:19:41.100 when you've got America strategically really, really vulnerable, because if there's an epidemic
00:19:45.880 and the supply chains get messed up, we're not going to get our food or our medicine.
00:19:50.060 Even if there's not an epidemic, if China just decides that it's going to dump American debt,
00:19:54.220 we're going to be up the creek without a paddle. OK, that means that you need to reorient your policy.
00:20:00.460 It's not when Besant says we're going to privilege Main Street, we're going to stop focusing so much
00:20:04.860 on Wall Street. He's not engaging in leftist class warfare. He's not saying we hate the Wall
00:20:08.920 Streeter. Scott Besant is a very famous and very successful Wall Streeter.
00:20:12.380 What he is saying is, in order to advance the common good and in order to have a functioning
00:20:18.600 polity, we need to refocus a little bit. We need to rebalance. We have neglected one group for too
00:20:28.140 long. And so it's not we're not going to punish the other group. But for the good of everyone,
00:20:32.960 we are going to refocus our priorities. This is good stuff. This is a very serious conversation
00:20:39.240 taking place on the right. Meanwhile, on the left, there were no serious conversations taking
00:20:43.040 place. CNN held a town hall last night for some reason with Bernie Sanders. And as they're attempting
00:20:49.660 to find the Democrat answer to the real debates on the right, to the real policies that are being
00:20:57.120 enacted, Democrats don't seem to know what they believe about anything. While they're trying to
00:21:02.040 work through these issues, some woman asking a question focuses on the real issue and corrects
00:21:08.940 Anderson Cooper because he referred to her as she. We're back with Senator Bernie Sanders.
00:21:15.180 I want to introduce Grace Thomas. She's a local civil rights attorney. She's a Democrat, Grace.
00:21:19.580 Say them pronouns, actually. Thank you. Good evening, Senator Sanders. Polling and turnout data
00:21:26.160 indicate that men of all racial demographics are turning away from the Democratic Party.
00:21:29.980 Okay. I want to translate that exchange. Jake Tapper sitting there saying, okay, we're doing
00:21:35.760 this show because we really want Democrats to have a chance at even possibly winning elections.
00:21:39.960 Okay. So we're going to turn to you, lady in the audience. And then the lady takes the mic. She
00:21:43.880 goes, yeah, I actually don't care. I don't want to win elections. I don't want to. I don't care at
00:21:48.140 all. I want to make myself as repulsive as possible to the American people. I want to identify myself in
00:21:54.440 this party with an issue that is so deeply unpopular that we're going to get blown out of elections for
00:22:02.180 the next millennium. And you see Tapper, there's, or not Tapper, sorry, Anderson Cooper, tomato,
00:22:07.440 tomato, Anderson Cooper. They're just saying, okay, we're still doing this. We were still doing they,
00:22:16.380 thems. Okay. Hey, you know what? Let's just wrap it up. Good night, everybody. We're going to,
00:22:20.580 we'll try this again in two or four years. And maybe then the Democrats will have any interest
00:22:26.160 in even attempting to win votes from people, but good night to you and they and them and those
00:22:34.680 maniacs. So Anderson Cooper talking to Bernie Sanders here finally gets Bernie to try to give
00:22:42.740 some sort of vision for America. And Bernie decides he's going to, he's going to articulate the
00:22:50.340 new Democrat vision by trying and failing to quote Ronald Reagan. So the idea that this station,
00:22:59.600 which all of us want to see as a, what did Ronald Reagan call it? The city on the mountain.
00:23:04.840 The Chinese sitting on a hill.
00:23:06.020 Sitting on a hill. Close. Sorry. I don't quote Reagan all that often.
00:23:11.700 But you know, we want to be a model to the world. We want people to look at us and say,
00:23:15.720 we want to be like the United States, not, oh God, United States, what are they doing?
00:23:20.340 A nation with this degree of a biblical illiteracy cannot long endure. That nation is doomed.
00:23:30.860 I don't, what did Ronald Reagan say? America's like a big fat shiny mountain or something like
00:23:35.400 that? I think he called it a shining city on a hill. Yeah, whatever. I don't really,
00:23:41.160 I don't quote Reagan that much. Where'd he put that? Was that in win one for the Gipper?
00:23:44.980 Was that the movie with the monkey? No, actually it was a, Reagan got it from Governor John Winthrop.
00:23:52.900 Model of Christian charity. One of the most important speeches ever given in the United States.
00:23:58.600 Oh yeah. Winthrop. I like him. Yeah. Where's that? Where's he from? He was from somewhere in
00:24:04.260 Massachusetts. It was a Massachusetts Bay colony. Yeah. Anyway, he was a smart guy. Actually,
00:24:08.980 he didn't, he got it from the Bible. He got it from our Lord. You don't know where the phrase
00:24:15.740 is shining city on a hill is from. It's like, it would be like saying, yeah, what's that phrase?
00:24:22.680 A man had seven daughters. No, I'm, you're thinking of a man had two sons. Yeah. Yeah. Man had two sons.
00:24:27.620 I don't quote veggie tales very often. No, it's not. There was a time, there was a time in this
00:24:36.120 country, not so long ago, where if you uttered the phrase, a shining city on a hill, everyone would
00:24:42.960 immediately know not only where that comes from, that that is a statement from the Bible, from our
00:24:50.440 Lord, but also would have known the rhetorical and intellectual history of that phrase in America.
00:24:56.540 They would have known that it comes from Governor Winthrop. They would have known that Ronald Reagan
00:25:00.240 liked to articulate it. There was a time where if you said there was a man who had two sons,
00:25:07.180 people would immediately know, their mind would immediately go to the parable of the prodigal son.
00:25:14.920 There was a time when we had a common cultural language and common cultural idiom and vision
00:25:23.460 that happened also to be Christian, the religion that has animated not only our country going back
00:25:30.260 to the Mayflower, which is a great cigar company, and also goes back to the religious zealots who
00:25:36.580 founded our country, but also that animated our whole civilization. Okay. And we don't have that
00:25:42.860 anymore. A US Senator who is super old. Can't tell you the phrase, a shiny city on a hill. I don't
00:25:52.660 mean to make a mountain out of a molehill as it were, but this is pathetic. We are becoming
00:26:01.160 just babbling baboons in this country. Okay. And our country is going to get uglier and stupider and
00:26:08.560 much less coherent and much less powerful as a result of that. We are truly becoming Philistines.
00:26:14.580 This is completely unacceptable. And I don't mean to just single out Bernie Sanders. I remember,
00:26:20.260 I think it was Leon Kass made this point, the great bioethicist at the University of Chicago
00:26:23.460 made this point years ago, maybe decades ago at this point. He said he was teaching some of the
00:26:29.400 creme de la creme students at the University of Chicago, one of the elite institutions of higher
00:26:34.580 learning in this country. And he said every year, he would just ask out of the blue, he would say,
00:26:40.000 Hey, who's Noah? Who's Noah? One of the most important figures in the Bible. And he said every
00:26:46.240 year, fewer and fewer students knew who Noah is. You can't understand Western art. You can't understand
00:26:56.100 the development of Western thought. You can't understand Western society without knowing who Noah is.
00:27:04.580 Without knowing what the shining city on a hill is. Without knowing the basics. Good grief.
00:27:12.240 Now, speaking of a religious foundation, really, really important piece in the New York Times.
00:27:17.940 And I'm almost willing to say it's a really good piece. It's a pretty good piece.
00:27:23.840 It's called, Are Embryos Property? Human Life? Neither. Here it is. It's an opinion piece.
00:27:34.320 I say it's almost a really good piece because it's taking the issue of IVF and surrogacy and the baby
00:27:45.460 industry. Seriously. So that's why it's quite good. It doesn't go deep enough on an extraordinarily
00:27:55.720 important question, but it's quite good. I don't mean to counter-signal it. I give a lot of credit
00:28:01.700 here to Anna Louise Sussman and the New York Times for even running this. I'm going to read just a
00:28:06.620 little bit from this piece. Are embryos property? Human life? Neither. Before fertility patients,
00:28:14.360 this is right at the top of the piece. Before fertility patients begin the long journey through
00:28:17.320 hormone treatments, egg retrieval, fertilization, hopefully if everything goes well a baby,
00:28:20.980 there's the paperwork. As a first order of business, would-be parents are typically presented
00:28:24.260 with a form that requires them to choose the fate of embryos they do not use in the course of building
00:28:29.300 their families. And it goes on to talk about three couples who filled out such contracts.
00:28:33.700 The clinic later said that one family chose to donate any remaining embryos to scientific research.
00:28:41.220 Another decided to destroy any embryos that were frozen after five years. And a third said any
00:28:47.460 embryos deemed not suitable for reproductive purposes, whatever that means, could be used for
00:28:52.920 research and eventually disposed of. It was not clear, in other words, that these families intended
00:28:58.700 for all of their embryos to be born. So you're saying you create a child. You create multiple
00:29:03.680 children from sperm and egg. These are your little kids. And then you have to fill out a form.
00:29:08.820 You can donate them to unethical scientists who can experiment on your children, eventually kill
00:29:14.900 them. Or you can just kill them straight away or after a period of five years after you've frozen
00:29:20.860 them for five years. Or you can take the ones that you don't think are good enough that might,
00:29:25.240 maybe they have some defect, maybe they're not going to be tall enough. They're not suitable for
00:29:28.820 reproductive purposes. And they can be both experimented on and destroyed.
00:29:34.420 However, this is where the piece gets really interesting. Ultimately, their preferences were
00:29:39.460 moot. In December 2020, a hospital patient wandered into an unsecured room where the couple's embryos
00:29:44.640 sat in cryogenic storage, picked up the frozen embryos, and stung by the cold, dropped them on the floor.
00:29:50.620 So he just, oopsie-daisy, you know, instead of carrying out your cocktails and dropping them
00:29:55.520 at a restaurant, he's carrying out cryogenically frozen children of yours, drops them on the ground,
00:30:01.220 and kills all of them. Now, you might think that the parents wouldn't care that much because they've
00:30:06.100 already signed these forms. They say, whatever, we're going to, you can destroy them, you can
00:30:09.400 experiment on them, you can do whatever you want, but we don't really care. However, in February 2024,
00:30:14.420 the Alabama Supreme Court ruled that these lost embryos were extra uterine children, which allowed
00:30:18.840 the three families to proceed with lawsuits against the fertility clinic under the state's 1872 wrongful
00:30:25.640 death of a minor act. So here, don't just try to pin this on those crazy socially conservative
00:30:30.700 Republicans who are ruling that little embryos are actually children, which they obviously are by any
00:30:36.580 serious definition. It's the three families too. The three families who had signed away their kids
00:30:43.240 to be experimented on and destroyed, they now could sue. Between the creation of these embryos
00:30:49.780 and their destruction, and as the cases wound their way through years through Alabama courts,
00:30:54.160 their meaning shifted. No longer potentially destined for research or disposal, each embryo
00:30:58.940 had taken on the status in the court's interpretation of a minor child. Then a friend of mine,
00:31:04.040 Leila Bresco Sargent, wrote, as the New York Times quotes, as the New York Times writes rather,
00:31:11.100 the case turned embryos into, quote, Schrodinger's persons, resulting in one parent bizarrely needing
00:31:18.180 the embryos to be considered persons in order to prevent them from being born, and the other parent
00:31:23.980 needing to argue that the children were property in order to let them be born. Eventually, Judge Richard
00:31:31.060 Gardner reasoned that, quote, as there is no prohibition on the sale of human embryos, they may
00:31:36.800 be valued and sold, and thus may be considered goods or chattels. In other words, the only way to rule
00:31:47.160 on this issue of IVF and surrogacy in the baby market in a way that satisfies the liberal pro-IVF
00:31:55.080 side is to use the language and legal reasoning of chattel slavery, antebellum southern chattel
00:32:06.260 slavery. Then in March, another judge rejected Judge Gardner's rationale, calling his reasoning
00:32:13.080 that human embryos could be valued and sold as enslaved people once were in Virginia, a strained
00:32:17.720 construction. How is this a strained construction? This is the only construction that makes sense if we
00:32:23.820 were to tolerate IVF and surrogacy and the baby industry. How else do you do it? In order to defend
00:32:32.160 IVF and surrogacy, you have to argue both that the babies are babies and people, and property rather.
00:32:41.700 You have to argue both of them at the same time. You have to argue that they're babies in order to
00:32:47.380 protect your babies so that when some clinic worker drops them, you get to sue.
00:32:51.640 You have to argue that they're babies if you're to have any kind of coherent conversation about what
00:33:00.200 you're even doing. Why do you go to the baby store in the first place? It's to get a baby.
00:33:04.320 But you have to argue that their property, in order to buy them, in order to sell them, or to sell
00:33:14.740 your eggs or rent your womb out, you need to argue that their property, in order to order them destroyed,
00:33:21.780 you have to argue that their property, in order to donate them for scientific experiments.
00:33:26.920 It has to be both. And so, if you support IVF and surrogacy in the baby industry,
00:33:32.560 you must adopt the precise reasoning that was used to defend slavery in the antebellum South.
00:33:42.620 And that is going to make a lot of libs super uncomfortable. And I want to give props to the
00:33:46.820 New York Times here, because even if they get the issue a little bit wrong, the New York Times
00:33:50.480 is more willing to discuss this issue than even some conservatives, than even some pro-lifers.
00:33:57.360 Because there are some conservatives and pro-lifers, and I understand it, who will say,
00:34:01.780 well, I got my kid through IVF, and I hadn't really thought through the bioethical implications,
00:34:05.540 and I love my kid, and my kid is obviously good in himself, and anything that would prevent me from
00:34:12.000 having my kid, I oppose. And so, I'm just going to turn my reason off for a second, and I'm just
00:34:17.180 going to say I support this thing blindly, without ever dealing with the bioethical implications of it.
00:34:23.880 New York Times is saying, no, we'll deal with it. Good on him.
00:34:26.840 This debate will occur. And one final point on it, I don't want to hear in the debate that,
00:34:33.820 you know, this is really just a scientific question. This is not even a religious question.
00:34:37.000 This is a scientific question. You hear this sometimes from pro-lifers, from social conservatives,
00:34:44.340 who are trying their best to appeal to a liberal, atheistic culture. So, you say, no, no, we're not
00:34:51.280 talking about religion. No religion, no, no, we'll keep religion out of this. We're just going to talk
00:34:54.300 about science. Well, yeah, science is only going to take you so far. If you're having a debate over
00:35:00.180 policy and ethics, you need to have recourse to religion, because you need to come to certain
00:35:07.060 conclusions about morality. You can't talk about ethics without morality. You need to come to certain
00:35:13.860 conclusions about human nature, what a human is. Politics is how human beings live together.
00:35:17.940 So, you got to know what a human being is. You got to define it. And that's going to partake of
00:35:23.660 religious reasoning. Okay? It is a religious question. All politics ultimately comes down
00:35:31.840 to religious questions. The slavery debate in the 19th century came down to religious questions.
00:35:38.760 Can't avoid that. Which side are you on? Which side are you on, son? The stock market is surging.
00:35:46.140 As you know, global tariffs are shifting, major headlines with major consequences. But
00:35:50.140 the establishment media won't tell you what's really happening. That's why we exist. At Daily
00:35:55.240 Wire Plus, we lead with facts. We deliver the truth from the most trusted and handsome voices in
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00:36:19.940 My favorite comment yesterday is from SandyK067, who says, I'd rather admit that I don't understand
00:36:25.080 how tariffs work than pretend that I do and look foolish. Yeah. Well, that makes you smarter than
00:36:30.340 99.9% of pundits and economists going on TV right now. No one knows how these tariffs work.
00:36:37.420 Even if you understand in principle how tariffs work, and there are some people who do,
00:36:41.880 recognize we haven't had a tariff regime like this, or like what could have been before the
00:36:46.160 announcement yesterday, the 90-day pause, since like 1930. Okay? It's been about 95 years since
00:36:53.840 we've seen something like this. And actually, the Trump Liberation Day tariffs are more expansive
00:36:59.800 than the Smoot-Hawley tariffs. Okay? So that's best case scenario. But then you add on to that
00:37:06.300 Trump's unpredictability. Yeah, no one knows. No one knows. And if you admit you don't know,
00:37:10.860 at least you're being honest. These are the other people. They are not being honest. And their
00:37:14.860 predictions don't come true. Now, speaking of honesty and truth in the media, the White House press
00:37:22.660 secretary has just made a really important policy decision when it comes to how the White House is
00:37:28.820 going to communicate. Caroline Levitt has told the New York Times, quote, as a matter of policy,
00:37:35.460 we do not respond to reporters who have pronouns in bios. There were some reports coming out that
00:37:42.380 journalists were writing to the White House, and they were having their emails ignored. They were
00:37:47.000 told they wouldn't get an answer because the journalists listed pronouns in their bios.
00:37:51.900 Any kind of pronouns. Even if you're a man, it says he, him. Or a woman, she, her. But even the crazy
00:37:58.600 ones where you're a man, but it says she, her. Or you're an individual person, but your pronouns are
00:38:03.180 they, them, or something. Regardless, Caroline Levitt says, quote, any reporter who chooses to put their
00:38:10.660 preferred pronouns in their bio clearly does not care about biological reality or truth and therefore
00:38:14.720 cannot be trusted to write an honest story. So true. And this gets back to the point, I think the
00:38:22.100 Trump administration, I think Caroline Levitt, the whole communications team has done such a great
00:38:26.700 job. I said during the transition, I said this is a great opportunity, not only for Trump to reset the
00:38:33.420 relationship between the citizen and the government, but also the relationship between the citizen and
00:38:37.880 the press and the government. And in order to reset that, in order to boot some hack establishment
00:38:46.360 reporters out of the White House briefing room, in order to give new voices a seat at the table,
00:38:50.640 in order to reset all of this, you have to first ask yourself, what is the press briefing room for?
00:38:58.460 What is the White House press pool for? Why does the government talk to reporters in the first place?
00:39:03.100 There's two reasons. One, so that the White House can communicate with the people,
00:39:08.960 typically done through a medium. There was a medium of communication. Media is the plural of medium.
00:39:16.140 And the other reason is to have the people's questions asked of the government. That was also
00:39:22.100 done through this medium or multiple media. Today, in the age of social media, those reporters are much
00:39:30.780 less important, just off the bat. But assuming we're still going to keep some reporters in the room,
00:39:36.640 if the purpose is to truthfully communicate what the government's doing to the people and truthfully
00:39:41.180 communicate what the people want to know to the government, then if you have reporters who are
00:39:45.240 dishonest, whose views and priorities are totally out of sync with those of the American people,
00:39:51.860 who bear an irrational hatred of the government and will lie about the government to the people,
00:39:57.600 then what's the point of having them there? The first thing you have to look for in a reporter,
00:40:05.260 especially one who is going to be given the privilege of access to the White House, is
00:40:09.860 their trustworthiness. Are they going to tell the truth? Are they capable of telling the truth?
00:40:17.800 Are they willing to tell the truth? Can they be trusted to do their job with integrity? If a reporter
00:40:24.200 feels the need to write his pronouns in his email bio, that tells you right off the bat that person
00:40:33.220 has a tenuous at best relationship with the truth. Even if they're the correct pronouns,
00:40:39.100 the fact that he even thinks it's necessary, if a guy named Johnny feels it's necessary to write his
00:40:43.460 pronouns, or if a big husky dude walks up to someone and says, oh, my pronouns are he, him,
00:40:47.800 or what, even if they're the correct pronouns, you say, oh, you don't have a strong relationship
00:40:53.240 with reality, so we're not going to talk to you. That is a good policy. That is not only a
00:41:01.440 justifiable policy, and it's certainly not punishing the White House's enemies needlessly.
00:41:06.100 That's just doing what the White House communications team was built to do. Excellent
00:41:13.960 stuff from the White House. Now, speaking of the administration, I've been meaning to get to this
00:41:18.540 for a little while now, a couple of days, but the news just keeps coming in so fast.
00:41:26.040 Are we going to World War III? We have just seen, and this is barely being reported,
00:41:29.980 the largest deployment of stealth bombers in U.S. history. Six B-2 aircraft sent to Diego Garcia in
00:41:38.060 the Indian Ocean. B-2 aircraft that are designed to evade Iranian radar and air defenses. Aircraft
00:41:45.180 that are not being held in hangars. They're being put out for all the world to see, all the spies of
00:41:49.220 the world, all the satellites can take pictures of them. Trump, meanwhile, telling Iran that hell will
00:41:54.820 rain down on them, that's a quote, and bombing the likes of which they have not seen could result
00:42:00.500 if Iran proceeds with its nuclear program and doesn't come to the table. Are we headed to World
00:42:06.280 War III? Are we in World War III? What is this about? Very clear what Trump is doing here.
00:42:12.740 Sometimes it's a little dicier to interpret what Trump is doing, as we've discussed today.
00:42:17.040 This one, to me, seems pretty clear. Trump is speaking in blunt terms to Iran to bully Iran into
00:42:22.980 toning down the nuclear program. Trump is sending a message to Iran by sending the largest deployment
00:42:29.240 of stealth bombers in history out right in the open for all to see. But he's not posting pictures
00:42:37.160 of those bombers on Truth Social or Twitter. Why? Because he needs to convince Iran that he will
00:42:42.640 strike them. He needs to convince Iran that he will do it, that he will blow up Tehran if they pursue
00:42:48.680 the nuclear weapon. But simultaneously, he needs to assure Americans that he won't really do it.
00:42:55.900 Because Americans don't want war with Iran. But the United States needs to prevent Iran from getting
00:43:01.960 a nuclear weapon for our long-term strategy. So Trump has this very difficult balancing act.
00:43:09.940 Are we, and are we in World War III? I heard there are Chinese troops fighting in Ukraine right now
00:43:14.180 with Russia. That's what Zelensky said. We were talking about Schrodinger's baby earlier. This is
00:43:19.000 sort of Schrodinger's war. Got massive tariffs, massive trade hostilities, massive buildup of arms,
00:43:26.780 direct threats of war. Are we? Lots of uncertainty. All right, that's where we've been. Embrace the
00:43:33.620 uncertainty. Don't imunitize the eschaton. Don't imagine that we need to, we don't know. We don't know
00:43:41.760 what is going to happen even tomorrow. But what I do know that's about to happen right now is that
00:43:47.140 Congressman Mark Harris is going to come on the show to discuss a really, really important
00:43:51.520 legislative priority, which we'll get to in one moment. The rest of the show continues now. You
00:43:56.140 do not want to miss it. Become a member. Use code Knowles, K-N-W-L-E-S, at checkout for two months free
00:43:59.980 on all annual plans.