00:01:33.200So it is important that we get into a good place here and also that the Trump administration continues to tell everybody what the plans are.
00:01:45.060More on immigration and ICE enforcement as well.
00:01:48.500We've got some important sound to share with you, some clips to share with you on that.
00:01:55.360I'm going to start off, actually, with a little bit of talk on the economy.
00:01:59.360There's news today that we will dive into shortly about a federal judge now saying that Kilmar Abrego Garcia,
00:02:08.140the alleged MS-13 gang member who for over a year now has been at the center of all these administration efforts to deport this guy,
00:02:18.540and it's turned into a huge political football.
00:02:23.440This has turned into a Supreme Court weighing in.
00:04:28.020And to find a smaller number than minus $52 billion, we're all the way back to June of 2020.
00:04:35.580So this is important because Trump is establishing a rebalancing of our global trade, America's global trade, with the tariffs.
00:04:46.000And as I've said all along, you don't have to be an expert in tariffs to understand that something is up when all of these other countries have tariffs on us.
00:04:55.980We don't have tariffs on really anyone, and we're the ones who can't figure this out.
00:05:02.880We're the odd man out, but it's because we're so much smarter than every other country?
00:05:07.540Or is it because we've been convinced by the globalist elite in our own country that entirely free trade that does not take an America first perspective that allows all the offshoring and all the stuff that we have seen decimate the American, for example, American manufacturing sector, auto industry, all these things, that that is somehow to our benefit?
00:05:31.300Well, it's really to the perhaps the stock price benefit of a handful of companies, but people are changing their tune on this.
00:05:37.700They're seeing what's really going on.
00:05:57.920And so Miami proper just elected downtown Miami elected a Democrat for the first time in 30 years.
00:06:05.780And it was a combination of two things that we're going to have to really get right for the next year for the purposes of the midterm election.
00:06:16.060But also just because they will be central, I think, to the success or failure of the Trump agenda in his second term.
00:06:47.560We saw this also in New York City when you have mom Donnie ism largely built around the promise of bringing housing prices down.
00:06:57.220He's going to bring the cost of rent down.
00:07:00.220Now, if you know anything about economics, you know that his solutions to these problems will actually make things worse.
00:07:07.120But they sound good and you can get a lot of power by saying things that sound good, no matter how bad the results are actually going to be.
00:07:15.320One of the issues we're going to have is that going into a midterm year, right?
00:07:22.100It's we're at the end of year one of Trump's second term.
00:07:25.680Yeah, a lot of us can point to the status of the Biden economy and what was going on, but that is not going to be compelling enough to win in key and challenging races.
00:07:40.660Former SEC chair Jay Clayton had this to say about the economy.
00:08:02.240And look, I think that with the economic team, President Trump and the economic team led by Scott Besson, you have people who very much understand this.
00:08:13.440And it was a they were they were thrown, you know, what I would say the worst economy for the average American in my adult lifetime in terms of the like you said.
00:08:24.500The incredible increase in prices at the household.
00:08:27.520Now, this is true and the case has to be made, but it is not sufficient on its own.
00:08:36.040All of you who call in, write in and say, hey, guys, hey, Clay, hey, Buck, this stuff is just too expensive where I am, particularly health care, housing, education.
00:08:49.100These things are just the price are out of control and in some aspects depends on the product.
00:09:38.740The challenge ahead on prices, affordability, a word.
00:09:43.240As I've said all along, you have to prepare yourself to hear about this more than any of us are going to want to.
00:09:51.240But the power balance in D.C. and therefore the future of the country for the next few years is going to be largely determined, I think, based upon that.
00:10:01.720The two big issues, it's going to be the affordability and immigration election midterms.
00:10:07.320That's what's going to that's what's going to move the needle.
00:10:09.380And this is Republicans are seeing this early enough.
00:10:13.620Thankfully, I'm not having this talk with all of you in August of the election year or September of the election year.
00:10:20.360Hey, Republicans, it's time to make the case.
00:10:22.740I think they're actually seeing this in advance.
00:10:26.780And they have Scott Besson, who is both very good at the job of Treasury secretary and a very good spokesman for what this administration, the Treasury, the economy, the Fed, all of this is doing.
00:10:41.500He's a very good mind, a very good mouthpiece on these issues.
00:10:46.840But this is what Democrats are going to hammer.
00:10:48.800They're going to hammer the discontent of the prices.
00:10:51.240Isn't this the most classic move that the Democrats could possibly come up with?
00:10:55.120But they made it so prices get all jacked up.
00:11:52.860I think that, unfortunately, is going to be insufficient as part of the narrative, which brings me to the solutions and the things that Trump and his team are trying to do.
00:12:02.620Look at what has happened on trade alone.
00:12:23.780The only way to bring prices down is, well, if you want to get really technical about it, technical about it, you got to see a you can have a cessation of demand or you can have an increase in supply.
00:12:34.680But the best thing that we could see is an increase in efficiency of manufacturing of goods and services and spending and investment.
00:12:46.140And that's what will bring prices down.
00:12:48.300mandates the Mamdani approach price controls.
00:12:52.320Price controls not only have made New York City and the whole state of California, but because of government regulation.
00:12:59.740But price controls in New York City have made real estate far more expensive.
00:13:04.640Anywhere where they try this, it makes real estate more expensive.
00:13:08.560And overall, price controls in the economy is part of what has destroyed a large part of what destroyed the Venezuelan economy.
00:13:13.860I mean, there's many things, but price controls is at the heart of it.
00:13:16.980Oh, we're just going to seize assets and then we can't make this stuff.
00:13:20.320We're going to seize the factories, right?
00:13:51.000Talk about what the Biden inflation was.
00:13:53.000And that's why I played that former SEC chair.
00:13:55.880Talk about what the Biden inflation was, but also how it is coming down, how it is being addressed and how it is going to get better over the next year.
00:14:07.440Because of what Trump is doing, Republicans got to focus in on this because it is not an overstatement to say if we have a weak year of not just policy, but a weak year of messaging.
00:14:20.280And I'm going to say, Republicans, where's the big legislation, guys?
00:14:28.500Where's the, you know, the new approach to health care?
00:14:31.220Got to get together on this one and make some things happen.
00:14:36.040If you lose the House and you're Donald Trump, then it just turns into, all right, we got to wait for the next election.
00:14:42.440We got to wait for the, you know, the heir apparent of the Republican Party to take over for MAGA because the Democrats will just tell they will.
00:14:50.860What's the phrase cut off their nose to spite their face?
00:14:53.720I mean, they will just make everything stink and then blame it all on Trump.
00:15:32.940These are fantastic, non-lethal self-protection tools.
00:15:36.700Start with this one, the pepper spray launcher, or sorry, the pepper spray projectile launcher.
00:15:41.720Because if you're confronted with a home intruder or somebody with evil intent, you can stop that threat in a non-lethal fashion with Sabre.
00:29:08.820We tell you we we speak to you on this show in the same way and with the same respect that I speak to my closest friends and my family members about these issues.
00:29:20.920Again, that is our currency with you, that authenticity, that integrity that we bring to the show.
00:29:28.280And this is why I see why we get along so well on the air and off the air, because we are completely united in that mission.
00:29:34.900And yes, it's the continuation, it's the the honoring of Russia's legacy, because Russia did that before.
00:29:43.160But that's what all this is supposed to be about.
00:29:46.320It's not supposed to be people who are just, you know, sniping at this person or that person with little things on on Twitter and and getting all nasty with each other.
00:32:13.940Because I know Clay and I are saying, oh, gifts.
00:32:16.560Well, yeah, but that's getting somebody a leather belt for the fourth year in a row.
00:32:21.500Not that anybody would do that, but maybe that's happened to one of us.
00:32:24.480That's like a gift that doesn't have any thought behind it.
00:32:27.080What about a gift that has tremendous thought behind it, that brings you to a place where you can enjoy, cherish memories with family members, and also you enjoy the whole process because it makes you think about it.
00:32:48.400If you have not done a Legacy Box before, this is the year you've got to do it.
00:32:53.100Legacy Box has earned the trust of over a million families.
00:32:56.360Clay and I both have our families in that group.
00:32:59.200You have them ship you a special shipping box from Legacy Box where you load your videos, film, and photos, and then you get it all back, digitized, new files.
00:33:08.300It's great entertainment over the Christmas holidays.
00:39:49.260If you subtract immigration out of test scores, all of a sudden our test scores skyrocket.
00:39:54.640If you subtract immigration out of health care, all of a sudden we don't have near the size of the health care challenges our country faces.
00:40:02.580If you subtract immigration out of public safety, all of a sudden we don't have violent crime in so many of our cities.
00:40:09.260Issue after issue, we talk about these things as they just happen to us.
00:41:14.760And what Obama did was change the definition of a deportation such that people who were caught and turned away immediately at the border, they counted as a deportation.
00:41:24.700So they were juicing the numbers there.
00:41:28.380But they were also doing that so they could create the political momentum with the Gang of Eight bill, with the Senate Gang of Eight.
00:41:38.260They were trying to create the political momentum for a mass amnesty, which is, and by the way, that's game over.
00:41:45.320You know that the Reagan amnesty, the worst thing that Reagan did when he was president was the amnesty.
00:41:50.480They did, under Eisenhower, the deportation operation they ran, I think it was over a million.
00:41:59.500It was like 1.2, 1.3 million in one year deported.
00:42:16.780Also, note, people act like it's so, oh, you've been in America for a year or three years or whatever it may be.
00:42:23.900The notion of going back to the country you lived in your whole life until you snuck into this country, it's so horrible, it's so unthinkable?
00:42:50.780There are cultures that produce countries where people live in security, prosperity, able to achieve some degree of relative happiness.
00:43:01.480And there are countries where that's just not going on at all, where people live a far more Hobbesian, you know, life is brutish, nasty, and short, Hobbesian existence.
00:43:13.540And Somalia is at very, very high on that list of what Hobbes would say, that's a rough place.
00:43:21.540Here is Trump saying, you know, we should be bringing in more people from countries that produce extremely law-abiding, extremely high productivity, aligned with our values, immigrants.
00:44:28.020You know, we talk about the Somali population here in Minneapolis.
00:44:30.460There's a tremendous amount of displacement of Somalis into Kenya, which is right next door, which is still a country with a lot of tremendous amount of crime, unfortunately, and a lot of problems.
00:44:39.280But the functional country, notice, though, that you're not supposed to say we want people from happy, good countries.
00:44:53.460I thought our immigration system, we have been told all this time that we're taking the next founder of Google and we're, this is, you know, immigration, doing the jobs Americans won't do.
00:45:04.900You hear all this propaganda, all this stuff all the time.
00:45:07.180It's supposed, the system is supposed to benefit the people here.
00:45:13.620Is the system, is our immigration system in the 21st century benefiting those who are already here on a aggregate, you know, net net on an aggregate basis?
00:45:26.500Or have we turned into a immigration from third world countries welfare ward that we constantly are lied to?
00:45:41.100And because most of the very poor countries in the world, and this starts to get into other conversations about immigration and about the nation state,
00:45:50.400most of the very poor countries in the world are non-white countries.
00:45:56.840And so when you start to look at countries that you don't necessarily want to take a lot of immigrants from because they're going to have, again, this is just objective stuff.
00:46:05.000It's not about not liking the way someone looks.
00:46:07.380It's not about judging someone because of their skin color.
00:46:09.640If you're making policies to benefit Americans, if you're taking people from countries with high levels of crime and or terrorism, low level of education, do not speak English,
00:46:20.180and have no cultural tie or affinity to America other than we're really rich here and they get to be safe and get free stuff.
00:46:33.180And then, of course, as soon as possible, start voting in the directions that will undermine all of that.
00:46:40.220Right. Start voting for socialism. Start voting for Islamism. Start voting for whatever.
00:46:45.720We are told that that's not what's happening, but that has been happening.
00:46:48.760And people are allowed to notice that and be upset about it, and the American people are allowed to say this bait-in switch cannot happen anymore,
00:46:59.960where you say it is to our benefit, but really it is part of some global DEI crusade of we need to have the most non-white immigration possible.
00:47:12.980Look, there are plenty of countries that are non-white countries that are wonderful places.
00:47:19.760People are doing great. I know Beaver always is attacking Japan, for example, for its lack of replacement.
00:47:27.080They've got to have more kids. That's true.
00:47:28.280Taiwan, which I just came back from, is an amazing country.
00:47:34.560Phenomenal in so many ways. Wonderful people. Incredibly smart. Incredibly civilized.
00:47:42.340And, you know, there are many, many others. There are a lot of great countries all around the world.
00:47:46.560Our immigration system is absolutely not set up to prioritize those people.
00:47:53.060We say the reality of immigration is kind of the way if you had, like, you know, a Gavin Newsom voting California, you know,
00:48:05.340wine-swilling lib, you know, with the Chardonnay glass.
00:48:10.120We say, oh, let's take as many people from war-torn fill-in-the-blank as possible, because that'll make me feel,
00:48:17.120I'm going to live in Beverly Hills, but it'll make me feel good about myself to say that we're going to take as many people from,
00:48:25.000what do they call it in Team America, Durk-Durk-Durkistan, right,
00:48:28.480to take as many people from whatever country is some jihadist hellhole of the moment or whatever,
00:48:33.940going through some famine or civil war.
00:48:36.220We're supposed to have a very small percentage of asylum seekers.
01:00:03.300Canada had a point system, an explicit point system for how much money you have, your education,
01:00:09.800and they still have all kinds of problems up there now with assimilation and with unity of the Canadian people and still have a lot of problems.
01:00:18.540But they were just like, we're going to take the people that are going to do the best for us.
01:00:23.360And that was, I think, well, I'll let the Canadians speak on that one.
01:00:29.520But it's been a big change in perception about that.
01:00:32.740So why even have a system that allows some in but not others if it's all the same?
01:00:37.460Clearly, some countries are going to send.
01:00:40.000And this is not this is, again, about policy.
01:01:03.160It's not about holding anything against any individual when we talk about immigration.
01:01:09.440It's about we've got to make, we've got to draw the line somewhere.
01:01:13.560We have to have some what's generally true policies.
01:01:18.780And it is generally true that taking people from, I've talked about Taiwan a fair bit because I was just there, from Taiwan is going to result in more people who are highly productive, highly law-abiding, than taking people who have come here from, pick a country, you know, from Yemen.
01:01:44.380Yemen's been in rough shape for a long time now.
01:01:48.340Very poor country, war-torn country, ideologically, a lot of jihadism, okay?
01:01:56.040So, and then this goes back even to what the so-called Muslim bent.
01:02:35.040And they become people who are no different from you or you or you or you.
01:02:40.960Assimilation actually is happening and does happen.
01:02:45.240So, that's not the policy that we have been told is in effect, which is just take anybody, eventually they'll learn English and their kids will be born here and they'll be as American as everybody else.
01:02:55.940And I'd also note, in the context of a place like Europe, we've seen it's not always true.
01:03:01.560Not always true they even learn the language.
01:03:55.940Meaning that it's a place in time and a people in that place.
01:04:00.240And you can't just say, all of you go over here to some other place and we're going to replace all of you at once and it's the same country.