00:01:18.000Probably at the top of the list would be the Biden family.
00:01:20.620My guest today is the author of Profiles in Corruption, which has 4,236 reviews on Amazon.
00:01:32.380He's also the author of Secret Empires, Clinton Cash, that nearly cost, I mean, it pretty much cost Hillary Clinton the election in 2016 when it came out with that in 2015.
00:01:41.320He's also got a couple of documentaries that came out, a recent one, Riding the Dragon, which is a story of Biden's and Hunter Biden.
00:01:48.780He's a former William J. Casey Research Fellow at Stanford University, Hoover Institution, similar to Milton Friedman, as well as Thomas Sowell and many other greats.
00:01:57.360So with that being said, Peter, thank you so much for being a guest on Valuetainment.
00:02:01.060Great to be here. I'm really looking forward to it. Thanks.
00:02:04.100So, Peter, last time you wrote Clinton Cash, some people said that kind of influenced and hurt the election.
00:02:11.900This time around, you wrote, I believe it's Profiles in Corruption, which was the one that came out this year, January of 2020.
00:02:19.600And when we look at the numbers, Biden won 76.3 versus Trump 71.6.
00:02:28.420How come your book and videos couldn't have more influence to turn this thing around?
00:02:32.860And how come it wasn't as effective as Clinton Cash?
00:02:35.540I'm just curious, and obviously your thoughts on the numbers of 76.3 versus Trump 71.6.
00:02:41.740Yeah, boy, talk about a little bit of pressure there, huh?
00:02:44.660No, I think, look, I think that the people are concerned about corruption.
00:02:52.120It's not their only concern, but it's a major concern.
00:02:55.320What I'm always hearted by is the fact that people are concerned about these issues,
00:03:00.080because corruption goes to the heart of our representative government.
00:03:04.960A corrupt official is not somebody who's representing their constituents.
00:03:08.480It's somebody that's representing their corrupt interests or representing themselves.
00:03:13.460So I'm just very glad that the books do get the attention.
00:03:17.460I'm glad that at least some people in the American public learn about Hunter Biden
00:03:23.020and the connections that the Biden family has to the Chinese government.
00:03:26.620I certainly wish it had been more, because I feel like a lot of people in the mainstream media
00:04:31.280I mean, there have been similar jokes in the United States through our history.
00:04:35.880In New Jersey, there's an old saying, you know, pass a bill, create a living.
00:04:41.320You know, in other words, you pass some law, you can create it and juice it in such a way that you can self-enrich.
00:04:47.100That's an inherent problem with government.
00:04:48.840But I think what's happened in the United States is you have a couple of phenomenon that are happening at the same time.
00:04:54.360On the one hand, you have a series of places around the country where you basically have one party rule.
00:05:00.040California would be an obvious example.
00:05:02.480Whenever you have, in a sense, one party rule where there's not really a lot of competition between the parties, that invites inbred corruption.
00:05:09.740But the second problem is more foundational and fundamental, and that is that government is increasingly involved in so many parts of our lives, it creates more income opportunities.
00:05:21.780And that's, I think, a mistake that people make is they got to understand that part of the challenge we face in Washington, D.C.
00:05:29.740with the size and scope of government is ideological.
00:05:32.680There are people who actually defy the rules of history, defy the examples of history, and believe that socialism and governments actually work.
00:05:43.200So they're actually true believers in socialism.
00:05:45.880But along with that, you have a lot of people in Washington, D.C., who are not necessarily committed ideologically,
00:05:52.140but they know that as government grows and expands, it creates business opportunities for them.
00:05:58.280So if you look over the span of American history of the last 70 to 80 years, the fact that the government's become increasingly involved in health care,
00:06:07.940in energy, in transportation, in technology, in all of those areas, that creates a business model opportunity for people in Washington, D.C., and politicians to self-enrich.
00:06:20.440It allows them to extort money, it allows them to create gateways or barriers to companies that essentially they have to pay politicians to get removed.
00:06:32.140So it is a problem that has existed in our history, but it's getting worse.
00:06:38.080It's getting worse because of the lack of this competition in certain areas like California and New York.
00:06:43.800But at the same time, because the government has expanded its areas of responsibility, it creates a, let's say, target-rich environment for corruption.
00:08:31.260But the problem is the field of battle for self-enrichment is so much larger.
00:08:36.760A congressman today has so many more industries that he can effectively shake down than a congressman in 1900 ever even could have dreamed of.
00:08:47.520Can you unpack what shakedown means to you?
00:08:52.940People are used to thinking of extortion in the context of, you know, what the mafia does.
00:08:58.860They, you know, they visit a local butcher shop in Buffalo, New York, and they basically say, look, if you want to pay protection money, it'd be terrible if something happened to this shop.
00:09:10.740Pay protection money and we'll make sure that nothing happens.
00:09:46.500Well, if I'm the chairman of a powerful committee in Congress and I need to raise money or let's say I need to find a lobbying opportunity for my son, I'm going to introduce a bill in Congress to, let's say, put a 20% surtax on the high-tech industry in Silicon Valley.
00:10:05.280Now, I don't actually believe in this bill.
00:10:07.920I don't even necessarily want this bill to pass.
00:10:10.380But what's going to happen is that when I introduce that bill, I'm going to have a flood of lobbyists from Silicon Valley come and say, Congressman Schweitzer, why are you introducing this bill?
00:10:21.340And what will happen over the next 60 days is a dance whereby they will come and meet.
00:11:08.200A lot of people feel that the problem in Washington is that there's all this money flowing into Washington, that corporations and businesses around the world are just happy to send their money to Washington, D.C.
00:11:20.060They don't really want to, but they feel like they have to, because if they don't, bad things are going to happen to them.
00:11:26.960And that's exactly what the political class in Washington wants them to believe, because it's so lucrative for the political class.
00:11:34.280So business model, number one, introduce a bill that you have no interest in to scare off whoever it is in any kind of an industry, meat, technology, health care, whatever it may be.
00:11:45.520And then wait for the lobbyist of those companies to reach out to you to say, hey, you know, we don't think this is a good bill.
00:11:52.300Can we change your mind, et cetera, et cetera?
00:12:06.180Actually, in my book, Extortion, there's an example from Congressman, sorry, from a gentleman named Mr. Hoffmeister, who's the CEO of Shell Oil.
00:12:18.140And he described a meeting that he had in 2009.
00:12:21.040You remember in 2009, oil prices were pretty high.
00:12:24.240He sat before a congressional committee.
00:12:26.640Members of Congress, including Maxine Waters, essentially said, we want to nationalize your company.
00:12:32.740We think it's outrageous, the profits you're making.
00:12:34.960And then Hoffmeister reported to me, and I put in my book, that after that meeting, Congressman Waters talked to him and said, I might understand your issue better if we spend some time together.
00:12:47.940And this was basically saying, you need to raise money for me, and I will take the threat for nationalizing your business away.
00:12:55.660So what you're doing is you're having a series of coded conversations, but you know exactly what's going on.
00:13:02.520A shakedown is taking place, and the beauty or the genius of a Milker bill is you don't actually want it to pass.
00:13:10.580If I introduce a bill for a 20% tax on Silicon Valley, and that bill passes, guess what?
00:13:17.420I can't introduce that bill again and shakedown Silicon Valley.
00:13:23.560One of the reasons that you see a lot of tax credits that are passed, for example, in 1981, Congress passed a bill for an R&D tax credit for companies to invest in research and development.
00:13:37.060People wonder in the business committee, why is that tax credit never been made permanent?
00:13:41.880Well, the reason they ask that question is they're not thinking about this as a shakedown.
00:13:48.940If they make the tax credit permanent, a congressman can't go back to them and ask them for money when they have to extend it.
00:13:56.640So they have these things called tax extenders.
00:13:58.920We're going to extend a tax credit for two to three years, and then what's going to happen is they're going to have to come.
00:14:32.280You know I've interviewed a lot of the mobsters out there, whether it's Samuel Vogel, Gravano, Collada, Franzese.
00:14:37.200A lot of them have sat down with them.
00:14:38.560And the attorneys, Oscar Goodman, who's the legendary attorney for Spolatra and a lot of the mobsters.
00:14:43.600The difference between what happens to politicians and mobsters is every one of them did time, okay, for their time.
00:14:52.480So the part where voters, both on the left, right, and the middle, are losing trust in the system is because when's the last time a big politician did time?
00:15:04.640And so the audience kind of sits around and says, I guess they didn't do anything corrupt because I don't see them doing any kind of time.
00:15:11.140So when is the last time we had the highest level of politician that did time for doing extortion or corruption or anything that you're talking about?
00:15:34.120You don't, but members of Congress do.
00:15:37.220And so they know where those lines are, and they are able to engage in behaviors that if the rest of us were to do, they would be considered extortive practices.
00:15:47.840So, for example, if a corporate executive tried to leverage their position for their own personal benefit, in other words, they were the head of, let's say, General Electric,
00:15:57.560and as part of their official duty as CEO, they tried to leverage taking an action or not taking an action so they could derive a personal benefit,
00:16:07.820they would at a minimum be in trouble with the SEC and probably be in trouble with federal prosecutors as well, because that's against the law.
00:16:16.220That happens in Congress all the time.
00:16:18.740Because Congress has written the rules in such a way to where they do not apply to their behavior.
00:16:24.120One of my earliest books that I wrote about corruption involved insider trading on the stock market by members of Congress.
00:16:32.220And a lot of people were outraged to learn this, that if a corporate executive trades their own company's stock with what's called material non-public information,
00:16:42.500in other words, they know something that nobody else knows as a function of working for that company,
00:16:48.040so they trade on it and profit, they're going to go to jail.
00:16:51.120And lots of people have done that, from secretaries to corporate CEOs.
00:16:55.780That law does not apply to members of Congress.
00:16:58.640So if you're the chairman of the Senate Armed Services Committee, for example,
00:17:02.960and you know for a fact that a certain defense bill that's highly contested is going to pass,
00:17:10.880and it's going to mean huge sums of money for Boeing or huge sums of money for another defense contractor,
00:17:16.960you are, as a senator, allowed to buy and sell stock in that company.
00:17:22.400I would argue that's non-public material information that's going to affect the stock price.
00:17:27.920And yet, for years, members of Congress were exempt from that law.
00:17:32.220It was only when we called it out, I did a book that became a bestseller,
00:17:36.620we did a segment on 60 Minutes that caused a big uproar.
00:17:41.900Did they pass a bill called the Stock Act to technically declare that it's illegal for members of Congress
00:17:48.200to engage in cyber trading on the stock market?
00:17:51.120The problem is, they later went back and watered down that bill,
00:17:55.040so that bill really does not have much meaning anymore.
00:17:57.840But my point is, to answer your question, is the reason very few powerful political figures go to prison
00:18:06.460is because they get to write their own rules, and they know where the lines are,
00:18:11.320and the lines are very different for them.
00:18:13.280They're much more narrow for us than they are for them.
00:18:16.340That's why you don't see a lot of people going to jail in positions of power.
00:18:22.260So if that's the case, and if I'm a voter, whatever side I'm at,
00:18:27.520you know, each side thinks the other side is corrupt.
00:18:29.540Liberals think Republicans are corrupt.
00:18:31.500Conservatives think the Democrats are corrupt.
00:18:33.480Both sides are talking about the other side is corrupt.
00:18:36.320But no one's seeing anyone getting trouble.
00:18:38.960Why should I trust anything anyone's talking about?
00:18:42.020And, you know, why should I sit there and say,
00:18:43.720well, I trust in the law to know that that person is doing wrong.
00:18:47.120And then what is the price and potential future consequences if the voters don't believe in you getting in trouble for doing corrupt behavior?
00:18:58.420So then I don't trust in the politicians.
00:42:29.860But the point is, five members of the family have enriched themselves.
00:42:33.380And they've been very blatant about it.
00:42:35.160If you look at Hunter Biden's career, even when his father was a senator, he was a lobbyist working for Delaware entities looking for federal grants.
00:42:46.600Well, where would Delaware entities go to look for federal grants?
00:42:51.260They would go to Hunter Biden's father.
00:42:52.980They hire Hunter Biden to do that job.
00:42:57.700When it becomes clear that you have to disclose the fact that you're introducing earmarked legislation for the benefit of a family member who's a lobbyist, Hunter Biden is forced to switch positions and do something else.
00:43:13.640When his father becomes vice president of the United States, he becomes involved in corruption on a global scale.
00:43:20.940And this is where I talk about the breadth and the depth.
00:43:24.280And what I mean here is the depth of corruption.
00:43:26.240The corruption involved in the Biden family, it's not akin to a nephew of a congressman who's trying to get a road paving contract so he can make an extra buck.
00:43:39.480The corruption we're talking about with the Bidens involves foreign governments.
00:43:44.560It involves foreign governments, specifically the Chinese government, which is our chief rival on the global stage.
00:43:50.820It involves corrupt olivarks in Ukraine.
00:43:53.140So that is hard to beat as far as I'm concerned.
00:43:57.820So I would put the Bidens at the top of the list.
00:44:00.520I would probably put the Clintons second.
00:44:04.160There was a Republican senator who has had three members of his family who has been lobbyists.
00:44:13.280I would put them near the top of the list.
00:44:31.080And then I would probably put Mitch McConnell and Elaine Chao on that list as well for their ties to the government of China.
00:44:40.120In their case, it's not quite as bad, I think, as the Bidens, because in her case, her family actually did have a shipping company before she married Mitch McConnell, before he arose in power as a U.S. senator.
00:44:55.060But there's no question that they have benefited from the largesse of the Chinese government, and that is as a result of the fact that he has softened his position on China over the years, as Elaine Chao has as well.
00:45:09.200You see, you know, when you're saying that, to me, we saw a lot of stuff about Bill Clinton and the Clintons being corrupt, and all the articles came afterwards.
00:45:18.140Well, look at what happened with them in Africa, and they went in, but they were corrupt with the leaders of Africa.
00:45:24.620And then Haiti, when the big earthquake happened, they went out there saying, we're going to build 5,000 homes at, I don't know, $59 million, ended up building 2,600 homes at $90 million.
00:46:05.640So maybe he was somebody behind closed doors, whispered and said, Trump, you may want to not do Hillary because eight years from now, someone's going to come after you.
00:46:24.120So Biden's son was paid $5 million from a Chinese oil company, CEFC.
00:46:28.120You know, he created a $1 billion fund, BHR, from a state-owned bank of China and owned by State Bank of China.
00:46:33.660Received $3.5 million wire transfer from Alina Baturina, the wife of former mayor of Moscow.
00:46:38.660Earned $4.2 million from Ukraine energy company Burisma.
00:46:41.740OK, if all of that stuff is true, if all of that stuff is true, how the hell did Biden get $76.3 million votes if it's as corrupt as some people say it is?
00:46:54.860Because I'm not worried about the 42 percent of Democrats that could care less what happens.
00:47:00.540As long as Trump is out, they're happy.
00:47:02.720And I don't care about the – not that I don't care.
00:47:04.520I don't put the weight behind the 44 percent of Republicans that just go right all the way down.
00:47:09.680As long as it's not the left, they're happy.
00:47:11.220And put the other 4 percent aside of libertarians, green, whatever you want to call it.
00:47:17.600The 10 percent is who rules the world.
00:47:19.220The 10 percent is who rules our elections, right?
00:47:21.500The 10 percent is sitting there saying, Peter, you know that documentary you did that was live on the Blaze TV and, you know, saying that Biden did this and Biden did this.
00:47:30.160We bought the Clinton cash so Hillary didn't get elected.
00:47:35.060I'm seeing it on – all these people that are talking about Biden, if it is really so true about Hunter Biden, how did Joe Biden become the president-elect?
00:48:21.440But the major networks, the New York Times, the Washington Post really did not demonstrate much curiosity at all about this story.
00:48:31.200And that, to me, is really shocking because one of the oldest stories in journalism is follow the money.
00:48:38.140I mean, think about all the times that we've turned on to our TV and we've seen a story about, you know, big oil or big tech or big labor unions that, you know, held fundraisers for an elected official.
00:48:52.420And that elected official then sponsored legislation to benefit those entities.
00:50:04.800Nobody said Hunter didn't get involved in this private equity fund or get this money from the Chinese energy company or get the million dollars a year from Burisma.
00:50:13.220They just simply have said, end of story, nothing to discuss.
00:50:17.380So the first problem has been the media censorship.
00:50:19.880I think the second issue is that we are a very divided country.
00:50:23.800And there are a large portion of the country that believe that they should turn a blind eye to the corruption on their side in order to make sure that their side wins.
00:50:37.380And my argument, I guess, to them would be whether you're a Republican, whether you're a Democrat, no political figure is irreplaceable.
00:50:45.460So what Democrats should have done, because this issue with corruption in Biden is not going away.
00:51:45.800For every Joe Biden, for every corrupt member of Congress, you can find people that you agree with on your side that can run for office and that can be effective that are not corrupt at that time.
00:51:57.800And that's what I tell everybody left, right, and center.
00:52:00.700Do not turn a blind eye to corruption from somebody on your side.
00:52:05.340That's what they want us to do, and that's why we have a situation with so many elected corrupt officials.
00:52:13.380Well, the current business model doesn't incentivize to do that.
00:52:18.420The current business model in the voting system that we have, it doesn't incentivize me to say, oh, yeah, some guy on my side is being corrupt.
00:52:29.440The comp structure, if you want to say, isn't set up in a way for somebody to say, yeah, you know what, I disagree with what they're doing.
00:52:35.940Because if I recall, in the Democratic primary, when they were debating, all the candidates, whoever you had on the stage, the Sanders, the Warren, Pete, all of these guys were debating.
00:52:47.860I don't remember Hunter Biden coming up at all.
00:52:49.820I don't remember anything about the family coming up.
00:52:52.220So do you think behind closed doors, the DNC, Tom Perez, is sitting down saying, guys, the one thing you can do, if you even think about bringing anything about the Biden family, that's a no-no.
00:53:14.560This issue did not really come up in the primaries.
00:53:17.220I'm sorry, Joe Biden was asked about it on the campaign trail, but Biden's primary opponents, you know, Bernie Sanders, Elizabeth Warren, nobody brought it up.
00:53:27.680Remember in 2016, when Hillary Clinton was running and Bernie Sanders was the last man standing, he pointedly said, you know, I think this story about the emails, you know, is ridiculous.
00:53:40.140I think the Clinton Foundation stuff is ridiculous.
00:53:44.420I think unity, I understand the appeal to it.
00:53:48.140I think at that stage, it's a mistake because it prevents you from airing issues that need to be aired.
00:53:55.280And again, this is where I think you have to give Trump credit.
00:53:59.260Like Trump or not, like his policies or not, in the 2016 primary, he was very open, you know, not only sort of calling out people on their policies,
00:54:08.880but calling them out on the fact that, that, you know, they had deals or that they were engaged in behavior that was corrupt or they were part of a swamp.
00:54:21.120You need that kind of cleansing process and people are counting on a primary to be a horse race, but if you have a situation where, you know, a number of horses in the race are not running as hard, as fast as they could,
00:54:35.360in the name of unity, it undermines the process and you end up getting a president-elect, as I think we have with Joe Biden, that is going to be weakened.
00:54:45.780Hunter Biden issue is not going to go away.
00:54:47.880And you have this very real problem of the fact that the president of the United States' son may be subject to extortion or some kind of, let's say, persuasion by a foreign power
00:55:02.320because they have knowledge about things that he's engaged in that he does not want to come out.
00:56:01.960I think that we are a country that's ruled by laws, not by men.
00:56:07.300Again, I'm certainly not a lawyer, so I'm not going to be able to talk about this specific code, but there's no question in my mind, if laws have been broken, charges need to be brought, but I would be even more sharp than that.
00:56:20.060I think it's the obligation of the media to be calling out powerful elected officials.
00:56:26.160And part of the reason that they don't do it is because they want access.
00:56:31.680You know, if you run a particularly harsh story on Mitch McConnell or on Joe Biden, you're not going to get access to the sort of information that you might need to run your news organization.
00:56:42.360You also have the cultural phenomenon.
00:56:44.140I mean, the reason I think particularly the Washington Post, the New York Times, some of these network television programs don't want to do it is they're part of a social set in Washington, D.C.
00:56:55.740They're part of the establishment, and they don't want to call out somebody else in the establishment, whether it's a powerful senator or the president of the United States, for fear that they're going to be shunned the way you might have been shunned in middle school if you did something embarrassing.
00:57:10.700So I think social pressure is brought to bear, but the old, muckraking journalism that we're used to thinking of, where it's deep expose of finances of our elected officials, of the foreign ties of our elected officials, that used to be the kinds of stories that we would expect of, say, 60 Minutes in the 1970s or 1980s.
00:57:33.700Those days are gone, and we are missing a vigorous media that is holding our leaders into account.
00:57:42.500They are absent, and that means that we have to have other institutions.
00:57:48.660We need to have organizations like mine.
00:57:51.040We need alternative sources of news media to hold them into account, because if they're not held into account, it's just going to become worse and worse and worse.
00:57:59.820Let me ask you a question. Where would you put Dick Cheney on the families, corrupt families? Would you put him anywhere on the list or no?
00:58:09.080Only reason I ask is because the movie that came out a couple years ago, Vice, played by Christian Bale, and how they sold him being the real master decision maker behind closed doors with George W.
00:58:21.120just being a nice guy that was trying to do his best to be a president. What would you put Cheney on that list?
00:58:26.700Well, there's always been a question about Cheney and his corporate ties and his work in the private sector from when he was SACDEF and the Bush administration and when he became Vice President of the United States.
00:58:41.320He had certainly a lot of stock options that were coming as a result of that.
00:58:45.040So there certainly are issues of conflicts of interest that need to be raised there.
00:58:51.600I don't know if those decisions were influenced by those, but it's certainly something that needs to be investigated and explored.
00:59:00.500I haven't looked at it. I'm looking at current elected officials as it comes out, but I would welcome it.
00:59:05.980I think there should be scrutiny of all of that. Transparency is a good thing. The American people, I believe, are forgiving people. And what do I mean by that?
00:59:15.760They recognize that political leaders need to make a living. They recognize that people go in and out of government and in and out of the private sector.
00:59:24.240They're sophisticated enough to know that. They also know when people are enriching based on their government office.
00:59:30.760So I would say that that needs to be investigated thoroughly.
00:59:36.360Fair enough. I've got a couple more topics before we wrap up here. You know, we've talked about a lot of different people, politicians, billionaires.
00:59:43.340We've talked about media. We've talked about, you know, lobbyists. We talk a lot of different people.
00:59:49.300Who would you say in order are the most powerful people in America?
00:59:53.660The actual politicians, the billionaires, the media folks, the lobbyists or others?
01:00:01.640I'd say the most powerful right now are the titans of Silicon Valley because of the stranglehold that they have on information.
01:00:10.240And we've seen, you know, some evidence of that with Twitter banning the New York Post.
01:00:15.420But it goes far, far, far deeper than that.
01:00:17.980You know, the vast majority of people, some estimate 80 percent, are getting their news and their information basically from platforms like Facebook and Twitter that they're relying on Google for their search algorithms.
01:00:32.460And they have an ability to manipulate news and they use it.
01:00:38.020And that to me is extremely troubling because they essentially walk in lockstep.
01:00:43.760They all have generally the same worldview and they can use that power in such a way as to influence the politicians and who gets elected.
01:00:52.380So I would put Silicon Valley titans first, not just because of their wealth, but because of their ability to control information.
01:01:00.600I would put second among that public government officials, meaning president of the United States and members of Congress.
01:01:08.440What you often see is, you know, whether it's people in Wall Street, people in oil companies who are rich, who are successful, going to Washington, D.C. with their tail between the legs.
01:01:21.480And oftentimes they should, but that's a demonstration of the power and the authority that government has.
01:02:42.040But the point is, who has actually the power to compel people to do something?
01:02:46.700I would say the number two person at the EPA has more power than Bill Gates does.
01:02:52.260So I want government officials second.
01:02:54.120And then I would probably list third, the media.
01:03:01.180And what I mean by that is sort of the mainstream media, their ability to influence and determine what stories and what narratives that they feel are important.
01:03:12.120And where do billionaires rank on here?
01:03:14.840I would put billionaires below that because I would say that I don't view billionaires as a monolith.
01:03:21.860There are certainly ones that are very engaged in wanting to sort of transform American society.
01:03:28.600I mean, George Soros, for example, very, very active in a number of initiatives.
01:03:34.100He wants to reshape things in the United States and other parts of the world in the way that he wants them to.
01:03:40.680He's rich and he runs these charities.
01:03:42.740You can look at somebody on the right side of the spectrum who's more libertarian.
01:03:46.880You can look at the Koch brothers and say that they're doing the same thing.
01:03:50.900So there's no question that they have power and that they have influence.
01:03:54.780But I think they're less monolithic than the media.
01:03:57.400They're less monolithic than Silicon Valley.
01:04:00.800And they certainly can make a huge difference.
01:04:04.800But I think it's much more constrained and limited.
01:04:07.180And by the way, let me just add, one of the reasons that has changed, again, I would return to the election of Donald Trump.
01:04:15.280Donald Trump in 2016 shattered what was considered an iron rule of politics for decades,
01:04:22.400which was the guy who raises the most money, the guy who gets the most big money donors from Wall Street and everywhere else is elected president of the United States.
01:04:38.100And I think it's a great thing that he did.
01:04:40.620And I think it's one of the reasons that billionaires don't have the power that they did maybe eight or ten years ago.
01:04:46.240Where would you put universities on there?
01:04:47.720Would universities be below billionaires and media and government officials?
01:04:50.680Well, if you think long-term, in terms of long-term power, you probably have to put them up at number one or number two.
01:04:59.920Because, again, their ability to shape the views and attitudes of people.
01:05:04.840And it really, to me, is stunning, the fact that the First Amendment, that freedom of thought, is being diminished on our universities, is outrageous.
01:05:17.200It also speaks to me, though, to this.
01:05:19.840It speaks to me the complete lack of confidence that the hard left in this country actually has.
01:05:26.980Because if the hard left believed that their ideas were attractive, that their ideas were seductive, that their ideas were superior to those being presented by conservatives or moderates, they would want an open discussion.
01:05:41.240They would want to expose the weakness, the fallibility, the ridiculousness of conservative ideas.
01:05:49.200But they don't do that because they recognize that their ideas really are not that attractive.
01:05:55.420The only way that they can get the adoption of their ideas is by creating an environment where other ideas are excluded.
01:06:03.180So that gives them enormous power, but they're also, in my mind, a paper tiger.
01:06:08.560And when you get a competition of ideas, they are generally going to lose.
01:07:06.160And then you're saying constitutional attorneys saying, look, he's not going to concede.
01:07:10.400He's going to drag this out, and if he gets into the Supreme Court and he won Kavanaugh and he won, you know, Amy Coney Barrett, what most people don't realize is back in 2000 when George Bush and Gore were going through it, both Kavanaugh and Coney Barrett were a part of that when they took place, and it flipped.
01:07:25.240Obviously, we know who became president for 30 days.
01:07:55.300So, you know, inevitably, there are going to be lots of examples that are brought forward of dead people voting, of people saying that a ballot was cast in their name when they didn't vote, or somebody that was denied to vote because it was said that they had already voted.
01:08:09.740You're going to find lots of examples of that.
01:08:12.100The challenge of the problem is showing critical mass in the size and the scope of how much voter fraud has happened.
01:08:51.980The question will come down, I think, ultimately to the Supreme Court.
01:08:56.840I'm not an expert on the Supreme Court.
01:08:59.340I fear that Chief Justice Roberts and others are going to be loathed to be sort of thrust into the middle of this for fear of the damage in their mind that it might do to the Supreme Court.
01:09:13.580My view is this is precisely the sort of the thing that the Supreme Court should evaluate and should look into, assuming that these suits that have been introduced have claims, there's merit to them, which I think there probably is.
01:09:30.080So I think the process should go for it.
01:09:31.780But a lot of people that sort of are embracing the notion of the sky is falling, what are we going to do?
01:09:39.980Now, it's not going to be a process that a large portion of people are going to be happy with at the end of the day.
01:09:45.720But this is the nature of the American system.
01:09:48.160And those that are saying he shouldn't do this, this is un-American, this is wrong, I think they're being ridiculous and have a very short memory, particularly when after 2016, so many people like Hillary Clinton and others were saying that he was not a legitimate president.
01:10:04.460I think if Joe Biden survives these court challenges and the votes stay in place, Joe Biden is the president of the United States, but Donald Trump has certainly a legitimate reason to challenge some of the voting in some of these states through the judicial process.
01:10:20.420I think it's fair to say that Joe Biden and Trump are very different types of presidents and candidates.
01:10:26.040So let's assume he goes through inauguration, Trump concedes, it's done, Joe Biden is the president, 46, it's official, everybody knows about it.
01:10:35.060What does a Biden administration look like the next two to four years?
01:10:39.760I think it's going to be an administration that on foreign policy will be center left.
01:10:44.900And then when it comes to secretary of labor, labor policy, treasury departments will be much more progressive and to the left, to the hard left.
01:10:54.660And they will try to use their executive authority to advance their agenda.
01:11:01.500I do think that the Republicans will hold the Senate and that they will successfully block a lot of the more radical initiatives that are being pushed.
01:11:09.380I think also in the House of Representatives, Nancy Pelosi has certainly had her wings clipped, her majority has shrunk, and a lot of people that are in swing districts that are Democrats are not going to want to follow a lot of the more radical agenda.
01:11:25.100But let me, you know, let's be clear, there's a lot of damage that can be done by Bernie Sanders as a secretary of labor, by Elizabeth Warren as secretary of the treasury.
01:11:35.520There's a lot that can be done to damage the energy industry through regulation.
01:11:42.260So the damage will be done, but it will be obviously more limited because of the restrictions imposed by a Republican Senate.
01:11:50.580So it's going to be bad, but not as bad because they have to win Senate for that to take place, which is leading us to Georgia, knowing the fact that those two seats, this will be the last topic we'll cover and we'll wrap up.
01:12:01.560Now, they're saying $200 million is going to put into this runoff that's going to take place in Georgia.
01:12:07.600Where are you at with how this is going to take place and how it's going to end up and how ugly it could potentially get in Georgia?
01:12:13.440Well, my hope is, and this is where my optimist comes in, my hope is, because so much is riding on this election, it's one state in Georgia, that a lot of the funny business that we've seen in a lot of other states about backdating ballots, about signing as a witness when a witness was required, that a lot of that will be a lot harder to pull off in a systematic way, given the focus in Georgia.
01:12:40.520Now, that's incumbent upon the Republican Party and journalists to look at this stuff seriously and to follow it.
01:12:49.780I think at the end of the day, and I'm not terribly great at predictions, so there's not a lot of value in this, I think at the end of the day, the Republicans will probably carry these seats because I think Georgia remains a center-right state.
01:13:03.600I think in the presidential race, you have questions about certain ballots.
01:13:07.260I also think you saw in suburban Atlanta, a lot of people who are, let's say, center-right, who for personal reasons, because of his manners, because of his tweetings, will not vote for Donald Trump, but I do think will turn around and vote for Republican Senate.
01:13:23.820So you think it's essentially going to end up being 52-48 when the whole thing is over with?
01:13:50.780If you're watching this, we're going to put the link below to all three of his books, with the one at the top being Profiles in Corruption, for you to be able to order for yourself.
01:13:58.880I suggest you order all three of them.
01:14:00.320We'll, again, put the link below on the three books that he has.
01:14:03.780And with that being said, Peter, thank you so much for being a guest on Valuetainment.
01:14:20.360And if you enjoyed this interview, I have another interview to watch that's similar to this, from the author of Economic Hitman.
01:14:26.580His story, if you've never heard his story, probably one of the most unique stories of what John Perkins did, click over here to watch that interview.
01:14:34.380And if you've not subscribed to the channel, please do so.