Verdict with Ted Cruz - July 31, 2025


BONUS: Daily Review with Clay and Buck - Jul 31 2025


Episode Stats

Misogynist Sentences

59

Hate Speech Sentences

12


Summary

Kamala Harris announces she will not run for governor in 2020, and Clay Perla tries to explain why he thinks she will run in 2028. Plus, a breakdown of why he doesn t think Kamala will run for president in 2020.


Transcript

00:00:00.000 This is an iHeart Podcast.
00:00:02.340 Guaranteed Human.
00:00:04.460 Welcome in.
00:00:05.920 Appreciate all of you hanging out with us
00:00:08.440 as we are rolling through the Thursday edition
00:00:11.780 of the program.
00:00:13.840 And we have got a loaded program for all of you.
00:00:18.900 Nancy Pelosi flustered when she's confronted
00:00:21.880 with insider trading allegations.
00:00:24.180 Mom Donnie, the Democrat nominee
00:00:27.400 in the New York City mayor's race.
00:00:31.640 We will break down his sudden change of heart
00:00:35.000 when it comes to defunding the police.
00:00:37.800 Certainly interesting timing there.
00:00:40.000 But we begin with our good friend Kamala Harris.
00:00:45.560 Yesterday afternoon, shortly after we finished the program,
00:00:50.280 Kamala announced that she will not run for governor in 2026.
00:00:55.080 Since then, she has announced that she has a new book out
00:00:58.940 called 107 Days.
00:01:02.280 That will be out sometime next month,
00:01:06.140 or sorry, in September for those of you.
00:01:08.260 I guess it's the last day of July.
00:01:09.800 For those of you who want to make sure
00:01:11.360 that that is on your calendar
00:01:12.580 so that you do not miss the opportunity
00:01:14.620 to buy that on the release day.
00:01:16.240 It will be coming out in September.
00:01:17.660 She also just announced, or it was just reported,
00:01:21.560 that she will be Stephen Colbert's guest tonight
00:01:25.440 on his late show.
00:01:27.940 This is the very first interview Kamala will have done
00:01:31.660 since her epic defeat in the 2024 campaign.
00:01:36.640 She has, to a large extent, stayed out of public view
00:01:39.960 for the last six months or so
00:01:42.780 in the wake of that election defeat
00:01:45.860 and the obvious inauguration day that followed.
00:01:50.460 But I thought that we should,
00:01:53.100 first, let's start with this.
00:01:55.040 Let's go on the record, Buck.
00:01:56.600 If you want to, I don't even know
00:01:57.940 what your answer is going to be on this.
00:02:00.780 Do you believe that she will run in 2028,
00:02:05.020 or do you think this is effectively Kamala Harris
00:02:09.080 waving the proverbial white flag
00:02:11.220 and letting it be known
00:02:12.520 that she is no longer going to be involved
00:02:16.500 in serious politics?
00:02:19.340 You know what I've said all along, Clay.
00:02:21.160 I am a firm believer in Kamala Harris
00:02:25.520 is on her way to a chancellorship
00:02:29.040 or some other quasi-ceremonial overpaid role
00:02:34.680 at a UC school, University of California school,
00:02:38.880 or something like that.
00:02:40.340 Maybe she is, you know, a senior something or other,
00:02:45.620 you know, a chancellor emeritus or something
00:02:48.460 at the Brookings Foundation.
00:02:51.000 You know, like, but she's out of the political game
00:02:53.380 is my point here.
00:02:54.320 The fact that she's written a book about the 100 days,
00:02:56.780 the only way this book could be worth reading
00:02:59.960 and could be interesting in the least
00:03:01.840 is if Kamala Harris was going scorched earth
00:03:05.400 and just lighting up every Democrat who crossed her,
00:03:10.600 every idiot who gave her some of the worst advice
00:03:13.720 I've ever seen.
00:03:14.260 It was clear that she was advised, for example,
00:03:18.480 not to do media.
00:03:20.280 And she started doing media
00:03:22.460 when the public outcry was,
00:03:24.320 hey, you're running for president.
00:03:27.420 It's been a few weeks
00:03:29.900 since you became the nominee, effectively.
00:03:32.700 You have to actually talk to people.
00:03:34.940 You can't just have the machine do all this for you.
00:03:37.880 But now we get to Clay.
00:03:39.740 Was it actually better for her
00:03:42.640 to not do any of the media?
00:03:45.160 Here is, for example, Kamala Harris.
00:03:48.240 Well, hold on.
00:03:49.020 Before we get into the worst of Kamala,
00:03:51.560 I actually disagree.
00:03:52.920 I think she's going to run.
00:03:54.740 I think she will run in 2028.
00:03:57.880 You got a stake bet?
00:03:59.380 Let me, yes, stake bet on Kamala's future.
00:04:02.180 Let me lay out why I think she will run.
00:04:04.920 Because I understand your...
00:04:06.000 Mark it down, team.
00:04:06.700 Mark it down.
00:04:07.620 I understand your argument of
00:04:09.480 she can get a multi-million dollar relaxed job.
00:04:13.200 She isn't actually a very talented politician.
00:04:15.920 It's rare for Democrats to re-nominate
00:04:19.920 a candidate who lost.
00:04:21.660 I can run through all of those different things.
00:04:24.480 I don't think she has anything else in her life.
00:04:27.360 This is me getting into the psychoanalysis
00:04:30.660 of Kamala Harris.
00:04:32.640 One, she's 60.
00:04:34.600 That is relatively young
00:04:36.320 as these things go in the political process.
00:04:39.920 Hillary, somebody can look up the exact age Hillary was.
00:04:42.820 But actually, I think Hillary had a...
00:04:46.680 I can't believe I'm going to...
00:04:47.820 Hillary has a life outside of politics in some way.
00:04:51.100 She's got a daughter.
00:04:52.340 She's got grandkids.
00:04:54.000 She's got a husband that at least she has been with
00:04:56.180 for a long time
00:04:57.220 and has some sort of relationship with.
00:05:00.320 I don't think Kamala actually likes Doug Imhoff.
00:05:03.220 I think he's a loser.
00:05:04.860 I think deep down she knows that he's a loser.
00:05:07.880 Not a particularly likable or charismatic guy.
00:05:10.980 Her, she doesn't have any kids.
00:05:13.740 She doesn't have any pre-existing life.
00:05:18.280 She's...
00:05:18.800 I can't believe that...
00:05:20.820 I'm not trying to just utterly destroy her,
00:05:23.220 but I think she's an empty soul
00:05:25.360 and politics feels the void in her life
00:05:28.840 that otherwise doesn't exist.
00:05:31.120 There are other people out there that...
00:05:34.360 And you all know...
00:05:35.120 I would argue to you that Hillary Clinton
00:05:36.860 actually has an even bigger hole in her soul
00:05:38.800 and doesn't care that she has a husband
00:05:40.180 who she obviously does not have any real...
00:05:43.000 You know...
00:05:43.960 Maybe, but she has a daughter.
00:05:45.940 She has grandkids.
00:05:47.540 Like, Hillary...
00:05:48.380 I don't think she cares about that either.
00:05:50.040 I think Hillary has a life
00:05:52.040 that is more filling in its way
00:05:55.300 than Kamala does.
00:05:56.880 I mean, I can understand the argument.
00:05:59.160 But I just look at this and I say...
00:06:01.720 Clay, she was utterly humiliated in this election.
00:06:04.800 Utterly humiliated.
00:06:06.040 Yes, she lost every swing state.
00:06:09.600 She looked like a buffoon.
00:06:11.600 I'm not saying that she...
00:06:12.880 She is a disaster.
00:06:15.000 But she can at least say it wasn't...
00:06:17.080 Why do you think she wrote this book?
00:06:18.480 It's trying to reframe the narrative of the disaster.
00:06:22.560 Now, I know you're saying,
00:06:23.360 well, maybe that's to reframe it
00:06:24.500 so she can run again in a few years.
00:06:26.880 Clay, the Democrats are going to want to move on
00:06:29.380 from everything Biden-related entirely.
00:06:33.120 And at least Kamala Harris can go out now
00:06:36.120 on the speaking tour
00:06:37.280 and take that chancellor's job
00:06:39.180 at UC San Diego or whatever,
00:06:42.360 making a million dollars a year
00:06:43.720 to go to cocktail parties
00:06:44.840 and sound like an imbecile.
00:06:46.160 If she runs again,
00:06:47.900 she has to put herself out there
00:06:49.980 for other Democrats
00:06:51.320 to further destroy her brand.
00:06:54.300 Now she's a former vice president
00:06:56.260 who was pushed into the slot.
00:06:58.200 That's obviously part...
00:06:59.100 I haven't read the book,
00:06:59.880 but I can tell you what the book's about.
00:07:01.180 It was, I did my best under difficult circumstances
00:07:03.740 and like, you know, please don't hate me.
00:07:05.680 That's her book.
00:07:06.880 It's not, I'm amazing,
00:07:08.440 I'm the leader of the Democrat party going forward.
00:07:11.080 And Gavin Newsom, by the way,
00:07:13.220 he is going to work all the donors,
00:07:15.280 he's going to work the entire system in California,
00:07:17.520 so there's not even a hint of a lane
00:07:19.420 for Kamala to run.
00:07:20.620 We got a stake on this one.
00:07:22.740 I get the argument.
00:07:23.760 Your argument is not a bad one.
00:07:25.420 I just think she has to do this
00:07:27.180 because I don't think she has anything else in her life.
00:07:29.380 And I think there are a lot of people that advise her
00:07:31.840 that also are incentivized to build her back up
00:07:35.520 and convince her that she needs to run.
00:07:38.080 Here's the other thing, Buck.
00:07:38.680 I think politics was the easiest way
00:07:40.660 for her to get a job that paid her
00:07:43.040 and gave her prominence and access.
00:07:45.520 And if that now is offered to her outside of politics,
00:07:48.960 she would far...
00:07:50.020 She's never had to run a real campaign.
00:07:52.160 Obviously, look at the campaign she ran.
00:07:54.120 Again, this is all...
00:07:55.620 She is the DEI, the pinnacle of DEI,
00:07:58.940 and it all collapsed.
00:08:00.820 But look at the...
00:08:02.260 I can't believe that I'm now going to be making the Kamala Harris pitch.
00:08:05.000 Look at Clay defending Kamala, defending Hillary.
00:08:07.820 Clay showed up ready to roll today.
00:08:08.580 This is how outrageous it is that I'm now...
00:08:10.780 If I'm Kamala's chief commissar,
00:08:14.000 her chief of staff,
00:08:14.940 whoever her consigliari is...
00:08:17.920 You don't pronounce the G.
00:08:19.100 Consulieri.
00:08:19.740 Consulieri.
00:08:20.460 Consulieri.
00:08:20.820 Whoever the person is that can put her in a position
00:08:24.280 that then elevates his or her position.
00:08:28.060 Look at the rest of the Democrat field.
00:08:30.760 Of minority candidates.
00:08:33.140 And we know black voters are a huge part of the overall electorate.
00:08:39.180 Look, Stacey Abrams is dead in the water.
00:08:42.060 Karen Bass is dead in the water.
00:08:44.240 There is no black female candidate,
00:08:46.600 unless Oprah runs or somebody like that,
00:08:48.800 that can go into the Kamala arena, right,
00:08:52.140 to get the nomination.
00:08:53.120 This is the way I'm sketching it out in her mind.
00:08:55.700 Wes Moore is unchallenged.
00:08:57.560 Cory Booker is just lighting himself on fire.
00:09:02.180 She is the number one minority candidate
00:09:05.340 in a field buck that may start in South Carolina,
00:09:10.280 because remember,
00:09:11.360 there's now a battle over what is the overall flow chart
00:09:14.920 of the Democrat Party.
00:09:16.260 If James Clyburn says,
00:09:18.600 as he did when Kamala got elevated,
00:09:21.220 it's Kamala.
00:09:22.620 She'll be the nominee.
00:09:24.040 There's going to be a bunch of white guys.
00:09:25.760 Gavin Newsom.
00:09:26.680 I hope you're right.
00:09:28.100 I hope you're right.
00:09:28.740 But you're saying,
00:09:29.660 you're saying why she's going to be the nominee
00:09:31.800 or why she's going to run?
00:09:33.340 Well, I think that's what they're going to.
00:09:34.100 If you think she's going to be the nominee,
00:09:35.540 we got to go more than a stake.
00:09:36.860 I need like a trip to St. Barts or something.
00:09:38.860 That's where,
00:09:39.640 that's where they're going to pitch her.
00:09:42.360 I'm just sketching out why she's going to run,
00:09:44.900 because they're going to say,
00:09:46.280 you're the only black candidate that can get black support.
00:09:49.860 If James Clyburn is still alive in South Carolina
00:09:52.920 and he says,
00:09:53.920 you're the pick,
00:09:55.000 much like Joe Biden became the nominee.
00:09:57.560 Look,
00:09:58.280 Mayor Pete,
00:09:59.200 Gavin Newsom,
00:10:00.580 Josh Shapiro,
00:10:01.460 they're all kind of running for the same lane.
00:10:05.120 Who is the,
00:10:05.760 let me just put it to you this way.
00:10:06.800 She's lost everywhere she could possibly lose
00:10:10.380 as badly as she could lose.
00:10:12.620 It would be almost unthinkable for a Democrat
00:10:15.140 to underperform Kamala's numbers in this last election.
00:10:20.040 You're going,
00:10:20.480 I mean,
00:10:20.880 I hope what you're saying is true.
00:10:22.700 I just think the Democrats aren't that insane.
00:10:25.200 Okay.
00:10:25.500 I mean,
00:10:25.700 who is,
00:10:26.240 here's what I'm saying.
00:10:27.220 They're going to pitch to her.
00:10:28.260 Who is the minority candidate
00:10:30.020 that is going to get the black vote instead of her?
00:10:32.660 I don't think Democrats think that,
00:10:33.860 I don't think Democrats are necessarily going to run a minority.
00:10:35.960 Joe Biden,
00:10:36.900 by the way,
00:10:37.420 had phenomenal support among the black community of Democrat voters.
00:10:41.240 I don't think you need to run a minority.
00:10:42.300 I think you're artificially limiting the field.
00:10:44.840 But Joe Biden didn't have to overcome a minority candidate
00:10:47.940 because Kamala was so bad,
00:10:49.340 she had already dropped out.
00:10:50.440 It was Joe Biden,
00:10:51.580 when it,
00:10:51.800 by the time Clyburn made the choice,
00:10:53.380 there was Cory Booker,
00:10:54.660 there was Kamala Harris,
00:10:55.700 there was that guy from Texas,
00:10:57.600 the congressman who's Latin,
00:10:58.920 Latin American.
00:10:59.580 Those guys were gone by the time Clyburn had to make the decision.
00:11:03.580 Remember,
00:11:03.880 if they start in South Carolina,
00:11:05.680 and I don't know that they are,
00:11:07.540 if they start in South Carolina,
00:11:09.360 then the black vote is going to matter.
00:11:10.880 The black vote doesn't matter in Iowa and New Hampshire
00:11:13.460 because it doesn't exist,
00:11:14.820 which is why Democrats have said,
00:11:16.360 hey,
00:11:16.480 we should start with South Carolina.
00:11:18.340 If you start with South Carolina,
00:11:20.680 again,
00:11:21.240 that will be a sign of whether Kamala is going to run.
00:11:23.740 I think she's going to run.
00:11:24.640 Do you disagree with this statement?
00:11:26.540 If they run Kamala in,
00:11:28.440 well,
00:11:28.960 we're conflating a little bit here
00:11:30.840 because you're saying she's going to run.
00:11:33.060 Maybe she runs,
00:11:34.220 but if she does,
00:11:34.920 she's doing it for the book sales and the attention.
00:11:36.960 I would,
00:11:37.280 I would,
00:11:37.720 we agree.
00:11:38.140 The chance of her being the nominee is zero,
00:11:40.460 zero,
00:11:41.240 zero.
00:11:41.580 There's no chance.
00:11:42.300 I don't even agree with that because if they start with South Carolina,
00:11:46.140 I think it'll be a minority voter,
00:11:48.540 a minority candidate that gets the South Carolina primary win.
00:11:53.220 Now,
00:11:53.360 maybe it's Westmore.
00:11:53.800 Why isn't she running for governor of California?
00:11:55.780 Why wouldn't she do it?
00:11:57.100 No,
00:11:57.320 why isn't she doing it?
00:11:58.540 Oh,
00:11:58.740 because I think she doesn't think that it gains her any standing if she runs in
00:12:02.200 2028.
00:12:04.580 Like,
00:12:05.140 I mean,
00:12:05.480 Clay,
00:12:06.140 2028 is a long time away.
00:12:08.700 People are going to forget who Kamala Harris is,
00:12:11.780 which might be to her benefit.
00:12:12.720 That might be good for her.
00:12:13.720 That's what I'm saying.
00:12:14.380 It might be good for her.
00:12:15.120 But I think her name recognition is going to fade along with it.
00:12:18.280 I think she's in a far better position running for president.
00:12:20.640 If she was the governor of California,
00:12:22.800 I just,
00:12:23.840 I actually think if she's governor,
00:12:25.820 she exposes herself because she does far more public events.
00:12:29.220 She's an empty suit.
00:12:30.460 She's an awful candidate,
00:12:31.640 but I think you have to get into her peanut brain and think as she lays this
00:12:37.000 all out,
00:12:37.640 I think she is going to run.
00:12:39.560 Let's put a poll question.
00:12:40.500 I'm curious,
00:12:40.980 like what people think,
00:12:42.040 by the way,
00:12:42.800 you can weigh in.
00:12:43.640 And we got a long time to think.
00:12:45.500 But remember,
00:12:47.000 people are going to announce.
00:12:47.600 Clay's a very astute fellow.
00:12:48.800 I think he's wrong top to bottom on this one.
00:12:51.220 I think he was wrong.
00:12:51.960 People are going to announce by January of 27.
00:12:56.820 So it sounds like it's a long time away until November of 28.
00:13:00.680 But people,
00:13:02.080 the Democrats are going to officially be chomping at the bit and announcing in January,
00:13:06.760 February.
00:13:07.060 You may be right.
00:13:07.900 I may be right.
00:13:08.760 But we,
00:13:09.060 we,
00:13:09.280 we have deprived the audience of the greatest hits of Kamala because of how we
00:13:12.940 will play those.
00:13:13.680 I think we would hit those.
00:13:14.900 Yes,
00:13:15.420 we have to hit those.
00:13:16.500 Okay.
00:13:17.140 Cause that,
00:13:17.760 I think we'll also shed some light on the discussion.
00:13:20.900 Wow.
00:13:21.780 Kamala Harris.
00:13:22.820 Wow.
00:13:23.500 You know,
00:13:23.740 we,
00:13:23.860 we talk about the,
00:13:24.880 the,
00:13:25.200 the best case maybe for a Kamala resurgence would be the career of Joe Biden who ran three
00:13:30.660 times,
00:13:31.040 was a total loser,
00:13:31.900 was a,
00:13:32.700 but that was contingent upon a once in a century pandemic and a mass delusion that allowed a
00:13:40.020 dementia patient to hide in a basement and have people cheering for him to be hiding in that
00:13:45.680 basement.
00:13:46.040 You would need clay something completely world-changing for Kamala.
00:13:51.120 It would have to be like the COVID pandemic for Kamala Harris to even be the nominee.
00:13:55.300 But remember Biden was the nominee before COVID hit.
00:14:00.340 He won in South Carolina because Clyburn said vote for him.
00:14:04.640 And then super Tuesday happened all before COVID became an issue.
00:14:08.660 And then they hit him.
00:14:10.020 Right.
00:14:10.360 If he had had to be on the campaign trail,
00:14:12.040 I mean how he became president,
00:14:13.400 but yes,
00:14:13.800 but he,
00:14:14.060 but even,
00:14:14.580 yeah,
00:14:14.740 but even the nominee,
00:14:15.520 they basically just said it's Biden and to knock out Bernie.
00:14:19.700 Well,
00:14:19.980 that was name recognition tied to him being eight years of Obama's wingman.
00:14:24.760 That's the,
00:14:25.400 that was the whole decision.
00:14:26.260 And it was the system just deciding that the guy who was with the guy who won twice can win again.
00:14:31.680 And it was a very unique moment in time for Joe Biden.
00:14:35.480 Cause obviously he wasn't even leading and they picked him,
00:14:37.920 but that's cause they thought he could win.
00:14:39.600 And they managed to do it.
00:14:40.620 I know they cheated at whatever,
00:14:42.060 but Kamala Harris,
00:14:44.140 Clay play.
00:14:45.160 All right,
00:14:45.460 we'll,
00:14:45.620 we'll,
00:14:45.760 we'll get into this.
00:14:46.460 She's going to run.
00:14:47.100 She's going to say,
00:14:47.940 I deserve to be the full nominee.
00:14:50.680 I deserve a black woman.
00:14:52.420 They just threw me in to try to take your,
00:14:54.680 your buddy Cuomo,
00:14:55.700 who you said was going to be mayor and then president.
00:14:57.600 He's about to get his ass kicked by mom.
00:14:59.460 Donnie.
00:14:59.860 I said,
00:15:00.200 he was going to run.
00:15:01.500 I said he was going to run for president.
00:15:03.700 And,
00:15:04.160 uh,
00:15:04.780 that's a mess.
00:15:05.640 I did not see mom.
00:15:06.900 Donnie come.
00:15:07.340 I don't,
00:15:07.640 I don't think if he gets his ass kicked by mom.
00:15:09.280 Donnie,
00:15:09.600 he's going to run for president after that.
00:15:11.480 I think that's what if you were able to win as an independent,
00:15:13.800 I think you would.
00:15:14.900 The thing is,
00:15:15.540 some of these people are insane enough that I can't entirely,
00:15:18.660 even if I don't have anything else,
00:15:20.680 this is where your argument of what do you actually lose by running for
00:15:24.200 president is actually a good one.
00:15:26.100 Like it,
00:15:26.820 most people,
00:15:28.240 I guess,
00:15:28.480 I mean,
00:15:28.720 if you're telling me that is Kamala going to run in a few years and she's
00:15:31.640 going to end up with like 5% or 10% of the vote or something among,
00:15:34.880 I mean,
00:15:35.380 maybe,
00:15:36.440 but all right,
00:15:36.980 all right.
00:15:37.380 Let's hear from all of you on this.
00:15:38.560 We got a lot to talk about.
00:15:39.140 You got to read rapid radios.
00:15:42.420 In fact,
00:15:42.840 and rapid radios can be a solution.
00:15:45.160 If you have bad reception in your,
00:15:48.240 I don't know what's happened.
00:15:49.600 Now my cell phone's not working at my house anymore.
00:15:52.420 I don't know if China's gotten to me.
00:15:53.960 I've lived in the same house for a decade.
00:15:56.240 All of a sudden I can't get a phone call in my house.
00:16:00.220 I don't even know what's happened.
00:16:02.180 It's driving me crazy.
00:16:03.600 We have rapid radios.
00:16:05.020 I'm having to FaceTime people.
00:16:07.340 You know what it's like to have to FaceTime another guy?
00:16:10.180 And he's like,
00:16:10.560 why are you calling me on FaceTime?
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00:17:13.720 Making America great again isn't just one man.
00:17:17.120 It's many.
00:17:18.380 The Team 47 podcast.
00:17:20.640 Sundays at noon Eastern in the Clay and Buck podcast feed.
00:17:23.940 Find it on the iHeartRadio app or wherever you get your podcasts.
00:17:28.500 Canadian women are looking for more.
00:17:30.620 More out of themselves, their businesses, their elected leaders, and the world around them.
00:17:34.740 And that's why we're thrilled to introduce the Honest Talk podcast.
00:17:37.860 I'm Jennifer Stewart.
00:17:39.680 And I'm Catherine Clark.
00:17:40.960 And in this podcast, we interview Canada's most inspiring women.
00:17:44.640 Entrepreneurs, artists, athletes, politicians, and newsmakers.
00:17:48.200 All at different stages of their journey.
00:17:50.400 So, if you're looking to connect, then we hope you'll join us.
00:17:53.600 Listen to the Honest Talk podcast on iHeartRadio or wherever you listen to your podcasts.
00:17:58.900 Clay, have you heard of the Rio Reset?
00:18:01.140 Sounds like a trendy new workout, Buck.
00:18:03.420 It does, but it's actually a big summit going on in Brazil.
00:18:06.180 The formal name is BRICS, which stands for Brazil, Russia, India, China, and South Africa.
00:18:11.260 But they've just added five new members.
00:18:13.440 Smart move to stick with BRICS.
00:18:15.300 We know what happens when acronyms don't end.
00:18:17.500 They confuse everyone.
00:18:18.720 Well, that's an understatement.
00:18:20.160 BRICS is a group of emerging economies hoping to increase their sway in the global financial order.
00:18:25.200 Now that sounds like the plot line of a movie.
00:18:27.780 I'm listening.
00:18:28.740 Philip Patrick is our Bruce Wayne.
00:18:30.900 He's a precious metal specialist and a spokesman for the Birch Gold Group.
00:18:34.800 He's on the ground in Rio, getting the whole lowdown on what's going on there.
00:18:39.420 Can he give us some inside intel?
00:18:41.160 Absolutely.
00:18:41.880 He's been there since day one.
00:18:43.760 In fact, a major theme at the summit is how BRICS nations aim to reduce reliance on the U.S. dollar in global trade.
00:18:50.300 Yikes.
00:18:50.740 That doesn't sound good.
00:18:51.820 We got to get Philip on the line, stat.
00:18:53.980 Already did.
00:18:54.800 And he left the Clay and Buck audience this message.
00:18:57.400 The world is moving on from the dollar, quietly but steadily.
00:19:03.000 These nations are making real progress towards reshaping global trade.
00:19:07.260 And the U.S. dollar is no longer the centerpiece.
00:19:10.540 That shift doesn't happen overnight.
00:19:13.400 But make no mistake, it's already begun.
00:19:16.000 Thank you, Philip.
00:19:17.180 Protect the value of your savings account, your 401k, your IRA, all of them, by purchasing gold and placing it into those accounts and reducing your exposure to a declining dollar value.
00:19:27.220 Text my name, Buck, to 989898.
00:19:30.160 You get the free information you'll need to make the right decision.
00:19:33.200 You can rely on Birch Gold Group, as I do, to give you the information you need to make an informed decision.
00:19:38.820 One more time, text my name, Buck, to 989898.
00:19:42.000 Some new data has come out on the New York City mayor's race.
00:19:48.240 And if anyone's wondering, why should you care?
00:19:50.220 You live in the Midwest or the South or the West Coast or the Sun Belt or the Ohio River Valley or wherever.
00:19:58.560 Well, because this is going to be, I think, a test case for the Democrat Party nationwide.
00:20:05.000 Can they win in the biggest city in America with really the furthest left wing candidate that we've seen at this level, at least, of a mayor's race in New York for a very long time?
00:20:18.540 This guy is more radical than de Blasio, certainly more left wing than Mayor Eric Adams.
00:20:25.380 And this is a moment in time where the Democrats are going to have to start to choose.
00:20:30.860 Remember, it was sly of Biden during the whole BLM anti-cop mess in 2020.
00:20:38.700 Biden never said defund police.
00:20:40.820 I do think he knew enough.
00:20:42.820 He had been in the game long enough to know that was going to be a big problem for him in the general election if he did it, which he didn't do.
00:20:51.520 So whenever people talk about the Democrats defund police, that that became a, oh, it's AOC and it's it's the the squad.
00:21:00.820 And it was not associated with Biden specifically, even though Kamala Harris, I know, you know, wanted to put out a tweet about the raising money for people in Minneapolis or something or the bail fund.
00:21:11.940 Right.
00:21:12.180 I mean, it's still a Kamala.
00:21:14.100 Yeah.
00:21:14.820 Kamala was more defund police by for sure than Joe Biden was.
00:21:20.940 But mom, Donnie has got had to show up and speak in the aftermath of an NYPD officer, gave his life in line of duty, trying to defend innocent people in that building, that office building on on Park Avenue during that mass shooting a few days ago.
00:21:38.340 And he's being asked.
00:21:39.680 He's like, hold on.
00:21:40.240 You are a disband police guy.
00:21:42.380 You want to be the mayor.
00:21:43.760 Now you're showing up after a cop died in the line of duty, trying to stop a deranged gunman.
00:21:50.680 Where do you really stand on disbanding, for example, an elite NYPD unit that would respond to shootings just like this?
00:22:00.940 This is what mom, Donnie said.
00:22:02.060 Play 15.
00:22:02.780 Over the course of this race, I've been very clear about my view of public safety and the critical role that police have in creating that.
00:22:12.440 Public safety that officers are tasked with delivering while we ask them to respond to nearly every failure of the social safety net.
00:22:21.120 And the vision that we've put forward in this campaign, despite what others may say, is not to defund the police.
00:22:26.800 It is, in fact, to allow those officers to respond to these serious crimes that many of them signed up to address and to do so by ensuring that we ask them to focus on those crimes.
00:22:40.200 And we ask mental health professionals to respond to calls of mental health crises.
00:22:46.060 Wait, mental health professionals.
00:22:48.080 How many mental health professionals are they going to have on speed dial to deal with what the NYPD terms an EDP, emotionally disturbed person, a lunatic?
00:22:56.060 Like, if you're running around the streets at 3 a.m. naked, barking like a dog.
00:23:01.160 And this stuff, that stuff happens in New York, okay?
00:23:03.600 This is reality for the cops there.
00:23:05.720 They say, oh, we got an EDP.
00:23:07.400 We got to do it.
00:23:07.960 They will eventually take you to a mental health facility.
00:23:12.800 But even this idea that you're going to have mental health people respond, what does that even mean?
00:23:19.620 All they're going to try to do is get somebody to that facility.
00:23:23.100 And by the way, if they don't have cops there, they may be attacked, bludgeoned, stabbed.
00:23:29.200 Does anyone want, like, a psychiatrist with the, you know, the tweed jacket with the elbow patches to show up when some maniac is waving a machete saying he wants to kill everybody?
00:23:39.540 Like, what world does Mamdani and the people who support him, what world do they live in?
00:23:44.880 Not the real one is the answer.
00:23:47.280 And the scary thing, and look, this is the argument I made a couple of weeks ago on the show.
00:23:52.060 I think at some point Democrats have to deal with the choices that they are going to make.
00:24:00.340 It's almost like being a parent, and a lot of you out there know what I'm talking about.
00:24:05.480 If your kid keeps making the wrong decisions, and you do your best to steer them away from it, you steer them away from it, you steer them away from it, sooner or later, experience becomes the best teacher where you do something that is moronic, and your parents or your grandparents told you not to do it.
00:24:24.100 You do it, and then you're like, boy, that was really dumb, and part of parenting is trying to keep kids from doing things that are so stupid that they ruin their future life or, unfortunately, even lose it.
00:24:37.400 And I feel like for Democrats, they have to wear it.
00:24:43.400 They picked Mamdani, and I get it, people out there, WOR, many of you are listening in the Manhattan area, and you're looking around and you're saying, Clay, you're just going to throw us to the wolves?
00:24:54.180 This guy's a moron.
00:24:55.500 Why should Republicans have to save Democrats from the awful choices that they're trying to make?
00:25:01.560 If you want to put a communist in charge of New York City, deal with it, New York.
00:25:07.380 Deal with it.
00:25:08.500 Why should all of us have to cobble together votes from Andrew Cuomo, who's awful, or Eric Adams, who's mediocre, or Curtis Sliwa, who's otherwise not going to be able to win,
00:25:19.860 because the idiots of New York City are otherwise going to endorse a guy who was sharing videos and tweets saying, defund the police?
00:25:29.960 I saw a new clip that he shared where it's like somebody, a police officer, was crying in a car, and he's celebrating it.
00:25:38.240 I just, I find this guy to be utterly false in a way that is even staggering for politicians.
00:25:47.920 And my concern, Buck, is, you heard that answer right there.
00:25:52.560 My concern is, he's just going to try to glide, because he is glib, and he is good at talking.
00:25:59.460 He's just going to glide away from all the crazy opinions he had, and say, well, that's not what I really meant.
00:26:05.900 That's not really the way that I want it applied.
00:26:08.360 Here's a perfect example.
00:26:09.380 This is cut 16.
00:26:10.280 He is asked straight up if he wished that he hadn't said he wanted to defund the police.
00:26:16.060 Play 16.
00:26:16.560 Do you wish you hadn't said some of those things a few years back?
00:26:23.820 My statements in 2020 were ones made amidst a frustration that many New Yorkers held at the murder of George Floyd
00:26:35.200 and the inability to deliver on what Eric Adams, of all people, described as the right for all of us to be able to enjoy safety and justice that we need not choose between the two.
00:26:53.540 And it's just a non-answer, which is what this guy is really saying.
00:26:57.080 Yes, which is what he's going to do.
00:26:58.600 And you're right about Joe Biden wasn't crazy enough to go fully down the defund the police BLM train,
00:27:06.480 because I think at that point in time he had enough sanity to recognize that that was a poor decision.
00:27:11.820 And we've said on this program, probably the only thing Joe Biden got right in his whole career was the 1994 crime bill,
00:27:18.220 which helped to put violent criminals behind bars, kept them off the streets, and has led to, at that point, a decline in the overall rate of violence.
00:27:26.780 And that means that he is going to be able to avoid consequences for anything that he has said, I think.
00:27:43.260 And I think, unfortunately, he's going to be elected the next mayor of New York City.
00:27:46.260 And the latest polling on this, the latest polling does not look good for anyone who's hoping Mom Donnie does not win,
00:27:54.660 because however you split it, even if Cuomo drops, he wins.
00:27:58.800 If Adams drops, he wins.
00:28:00.200 If Combination drops, he wins.
00:28:01.980 It's not looking good.
00:28:04.400 And it's, I think, disproportionately the, well, I know it is disproportionately the under 40 vote in New York that he is counting on.
00:28:13.920 And there are people who live in New York City, and I understand this.
00:28:17.280 One of the great frustrations, and this is true in a lot of cities in America right now, certainly true in San Francisco.
00:28:23.100 It's true in L.A.
00:28:24.720 I'm sure people complain even about the price of housing in downtown Nashville now, right?
00:28:29.060 I mean, people say it's expensive or it's gotten a lot more expensive, not compared to New York.
00:28:33.920 But, you know, prices can rise in these areas pretty rapidly.
00:28:36.700 But in New York, the housing supply is artificially constrained in a number of ways by the regulations, by the super tenant-friendly and landlord-hostile laws that are in place,
00:28:51.760 the massive welfare programs for housing that, you know, I think it's NYHA or whatever it is, the New York City Housing Authority.
00:29:02.820 There's a lot, and then there's rent control.
00:29:06.180 There's all these things that the government has done.
00:29:09.080 Oh, and there's all the illegals.
00:29:10.560 I mean, you could go through this whole list.
00:29:12.220 There's all these things that are government decisions that have made housing substantially more expensive than it would otherwise be in New York.
00:29:19.880 And here comes a guy whose entire ideology is in line with all of those decisions who's saying,
00:29:25.720 oh, but I'm going to make things cheaper for you.
00:29:28.880 And it's not going to work.
00:29:30.620 Look, the people who are sitting around saying, oh, but I'll be able to afford to live here if Mamdani is the mayor are guaranteed to be very disappointed.
00:29:40.200 But they're still going to vote for him.
00:29:42.220 And, you know, this is like real communism has never been tried.
00:29:45.320 You know, real Mamdani-ism.
00:29:47.220 You're going to see they're going to they're going to come up with some reason why someone else stopped and whatever.
00:29:51.880 The things that he is saying he's going to do are guaranteed to fail.
00:29:56.440 Bringing social workers instead, not even in addition to police, instead of police to emotionally disturbed calls.
00:30:01.820 Imagine if that cop in Virginia, Clay, who responded, it was a wellness check on somebody who was having a mental breakdown.
00:30:09.800 Imagine it wasn't a cop as a social worker.
00:30:11.500 That social worker by the former Georgetown player would have been stabbed to death with a butcher knife in that hallway in that building.
00:30:18.460 We all saw on the body cam.
00:30:19.560 So what the heck is going on here?
00:30:21.500 It's not even you can every he's wrong on everything, but the one that I look at and I really it's not even BLM because that was such a defund the police.
00:30:33.360 Any moron that you knew on social media in 2020, oftentimes highly educated, was making that argument in 2020.
00:30:41.240 That one doesn't even surprise me as much.
00:30:44.140 The fact that he's arguing that we should have city owned grocery stores is so like that by itself is so profoundly dumb that he's making that argument right now.
00:30:59.300 He's not even trying to backtrack on that.
00:31:01.260 He's saying, oh, grocery stores are making too much money.
00:31:03.860 The profit margin on a grocery store is 2% at best.
00:31:07.720 It is one of the most difficult businesses to do well in all of American commerce.
00:31:14.900 And if you just look at all these socialist countries that decide, hey, we're going to have government funded groceries.
00:31:23.100 You can't go buy anything.
00:31:24.280 People stand in line for hours.
00:31:25.940 There's never any food there.
00:31:27.060 You can't price control.
00:31:28.240 And suddenly he thinks in New York City where it's hard to bring things into anyway.
00:31:32.880 Right.
00:31:33.840 The expensive for trucks and refrigeration and everything else that's required.
00:31:38.600 And he's arguing, hey, I'm going to save people money on groceries by taking it over and doing city funded grocery stores is so transparently unable to understand basic economics that that by itself is disqualifying to me.
00:31:54.720 Well, this is what I mean is it's not like there's a trade off here.
00:31:57.700 And this is, I think, also exactly what you're getting at.
00:31:59.960 It's not that there's a trade off here of, oh, well, people want the following things from Mom Donnie.
00:32:05.040 And even if he's bad on some things that you and I and others care about, he will deliver on things that they want.
00:32:13.840 He's going to fail on the things that they think they're getting as well.
00:32:17.600 Yes.
00:32:18.000 It's just going to be a disaster across the board.
00:32:21.980 And he doesn't even have, he's articulate.
00:32:26.240 What has he ever done that is any level of success?
00:32:29.600 One rule that I wish was in place is in order to be running for politics, you have to have been profoundly successful in some other aspect of your life, right?
00:32:40.880 Hey, I had success here and now I'm going to try politics.
00:32:44.320 What has Mom Donnie ever done that he's been successful at?
00:32:48.600 I mean, look, he's very articulate.
00:32:49.820 He wasn't even successful at faking being black so he could get into Columbia University, which is quite a feat.
00:32:55.780 I mean, he's good at communication, I guess, but he's never been successful, to my knowledge, in the communication fields.
00:33:01.880 Anyway, I just, I think New York City is going to make this choice.
00:33:05.500 I think he's going to be elected mayor and maybe he's just going to completely change all of his opinions.
00:33:11.500 There's that possibility.
00:33:12.500 But if he actually tries to implement the things that he's arguing for, it's going to be one of the biggest disasters the city has seen in any of our lives in terms of elected political officials.
00:33:23.220 Set yourself up to have more energy with our friends at Chalk, spelled C-H-O-Q.
00:33:27.920 You do not want to have Joe Biden energy.
00:33:30.540 You want to have Donald Trump energy.
00:33:32.160 You don't want to have the energy of some beta loser male out there who's offended because Sidney Sweeney is too good looking in her gene commercial.
00:33:42.620 And you don't want to have so little testosterone that you're not even looking at attractive women anymore and noticing them.
00:33:50.180 If that's you, that's fine.
00:33:51.420 You can listen to other shows.
00:33:52.580 You can go after it, try to lower your testosterone level even more.
00:33:55.880 You can go listen to NPR.
00:33:57.360 You can go watch MSNBC.
00:33:58.960 I'm betting that's not you, though.
00:34:00.180 I'm betting you'd like to have a higher testosterone level, and this is all natural, and it can increase your testosterone level by 20% in three months while also, again, all naturally giving you way more energy.
00:34:12.560 What do you have to lose?
00:34:13.600 Why not check it out?
00:34:14.740 Chalk.com.
00:34:15.980 My name, Clay, for a massive discount on any subscription for life.
00:34:20.120 You can cancel any time.
00:34:22.000 No penalties.
00:34:22.920 No worries.
00:34:23.700 All you have to do is go to C-H-O-Q.com.
00:34:27.180 My name, Clay.
00:34:28.200 That's C-H-O-Q.com.
00:34:30.800 My name, Clay, for a massive discount on any subscription for life.
00:34:34.940 You ain't imagining it.
00:34:36.680 The world has gone insane.
00:34:39.460 Reclaim your sanity with Clay and Buck.
00:34:42.520 Find them on the free iHeartRadio app or wherever you get your podcasts.
00:34:46.860 We are joined now by Dr. Oz, who does a fabulous job inside of the Trump administration, working on so many different issues out there.
00:34:58.320 He is the administrator of the Centers for Medicare and Medicaid Services and working to make health technology great again.
00:35:05.860 Again, there's a lot going on when it comes to the cost of health care, for sure.
00:35:14.480 Dr. Oz, you've been dealing with it for your entire life.
00:35:18.280 Are you optimistic about changes that you guys are going to be able to implement inside of the Trump administration?
00:35:24.860 Part one.
00:35:25.520 And part two, what should we expect to see?
00:35:27.920 Thanks for coming on with us.
00:35:28.880 Well, God bless you.
00:35:30.960 I am optimistic.
00:35:33.260 As a doctor often has to, there's some bad news.
00:35:35.860 I should get out of the way first, and then we move to the growth.
00:35:38.360 But we are spending twice as much per capita as any other country on the planet on our people.
00:35:43.440 Our life expectancy, despite that investment, is now five years shorter than Europe.
00:35:48.680 We're sicker.
00:35:49.620 It's one of the reasons that we don't live as long and that we do have to pay more because of our chronic illness.
00:35:54.080 This is why the Maha movement has gained such traction because moms know that it's gotten really hard to be healthy in America.
00:36:00.980 But the good news is that 90% of all the expenses, 90% of all the problems that I think we're facing, both as paying for health care but also being healthy, is around chronic disease, which we have some control over, and mental illness.
00:36:15.520 They work together.
00:36:16.760 And I can say the number one driver of all this is probably loneliness because if you're by yourself, there's no one to crutch on.
00:36:22.740 We are social creatures.
00:36:24.340 A good part of our brain power is reading the face and listening to the voice of people around us.
00:36:29.400 And people right now are making sense to tell you what you're saying just because they can hear subtle little intonations in your tone.
00:36:35.020 So that all becomes hugely valuable.
00:36:36.840 And when you lose that, you tend to become atomized, separate from everybody else.
00:36:40.480 So part of the challenge in the Trump administration, and the president is very clear on this, is break the silos down, break down the barriers, and then use the power to convene.
00:36:48.740 And by that, he means allow people to know that you're serious, that you have a stick you'll use if you have to, but you'd rather use carrots to get them to work together on their own voluntarily.
00:37:00.180 And that's what happened yesterday at the White House.
00:37:02.100 The president hosted a wonderful event.
00:37:03.960 It was the 60th anniversary, by the way, of the Forum Foundation of Medicare and Medicaid, the agencies that I run.
00:37:09.460 And the president had 60 of the biggest technology companies and healthcare companies in America pledge, promise, they were going to do business differently.
00:37:19.780 They're going to give the American people their medical records back.
00:37:23.520 You own them.
00:37:24.260 They're yours.
00:37:24.840 You paid for them.
00:37:25.640 You got the care that you needed.
00:37:27.440 And there's information about that you should have access to.
00:37:30.120 And so we are getting all these companies together, and together are going to make possible, on your phone, the ability to get information and advice about your well-being, to get your doctor to be able to message you directly, make doctor's appointments, which is hard for a lot of Americans, and get the whole process to move forward in the 21st century, like so many other sectors of the American economy have, with great productivity and success.
00:37:55.260 Dr. Oz, one of the things you're hearing a lot out there, or we're hearing a lot out there, I'm sure you do too, from people who are critical of Trump, well, on everything, but particularly of the big, beautiful bill, has to do with throwing millions of people off of Medicaid, we are told, right?
00:38:13.820 This is the talking point from the Democrats.
00:38:15.600 Can you just break down what did the big, beautiful bill do with respect to Medicaid and health care funding so that everyone can hear it from somebody who's living with these spreadsheets right in front of him?
00:38:28.320 The one big, beautiful bill saved Medicaid.
00:38:30.700 This beautiful program that was described by Hubert Humphrey as fulfilling our moral and government obligation to take care of those at the dawn of life, the children, those at the twilight of life, the seniors, and those living in the shadows.
00:38:46.360 Think about that metaphor.
00:38:47.560 That's who it was designed for.
00:38:49.340 Back then, it never crossed anybody's mind that you would let an able-bodied person live forever on Medicaid without having to at least try to participate in the community.
00:38:57.880 And every Democratic president, every Republican president, has said the foundation of a social safety net is work.
00:39:05.080 You're not supposed to just give people money and insurance.
00:39:07.720 You're supposed to say, here, this is something for you to get you back on your feet again so that together we can roll the oars and get society to be productive and get America to thrive.
00:39:16.100 And that's what this bill did.
00:39:17.420 It creates a work requirement.
00:39:19.180 President Clinton, in the 90s, with welfare reform, did this, and it worked beautifully.
00:39:23.800 Everyone applauds it as a huge success story.
00:39:25.640 This time, the president, our president, Trump does it.
00:39:28.720 Everyone criticizes the bill.
00:39:30.000 It's wrong.
00:39:30.740 This was an opportunity to give the American people who are trapped in Medicaid the belief that they matter, that they have autonomy on their life, that they have agency, give them a chance to get a job, to volunteer, to get educated, to participate, as God gave them the right to do.
00:39:48.580 We're all put on this planet to do something, and if you're going to watch 6.1 hours of television a day or just hang out, which is what's – that's the number, by the way, for people who are able-bodied on Medicaid or aren't working, that's not a life.
00:40:01.720 That's not what you're here for.
00:40:03.360 And so I think this will be judged very – and wisely – as a wonderful contribution to getting America back on its feet again.
00:40:10.480 We've got twice as many jobs in this country as people willing to do them.
00:40:13.940 Let's help people connect with the workforce.
00:40:16.060 This makes that easy.
00:40:17.000 Dr. Oz, I think one of the things that's incredibly frustrating to so many people out there who spend so much money on their health care is we pay way more, and we don't get the results that would suggest we should get based on what we're paying.
00:40:31.120 In other words, when you look at life expectancy, our numbers are not great.
00:40:36.340 Why are we getting gouged in other wealthy countries?
00:40:40.440 I understand why they don't charge as much in countries where people are vastly inferior in wealth.
00:40:47.000 But Europe pays, for instance, way less than we do for many of the same drugs.
00:40:51.640 Certainly, Canada and Mexico, people go across the border to buy the same drugs for a fraction of the cost.
00:40:58.340 I think that's one of the things that gets people the most fired up.
00:41:01.000 I know you saw it when you ran for Senate.
00:41:02.980 I'm sure you still hear it now.
00:41:05.780 Well, as always, what makes you so successful is your timely questions.
00:41:09.000 Within the hour, the White House announced a most favored nation prescription price letter from the president going out to all the major companies addressing exactly what you just described, the gouging of the American people.
00:41:24.320 And the original executive order that some may remember from a few months ago asked that this global freeloading stop.
00:41:31.820 So here's what the president is saying to all the manufacturers, and it's our job to go out there and not negotiate these prices.
00:41:37.380 But he's saying from now on, we don't want brand prices in America costing three times the exact same product in the same box made in the same factory as it costs in Europe.
00:41:46.240 And the metaphor for me is the NATO deal.
00:41:50.720 So with NATO, there's an external threat.
00:41:52.620 The president said, because it's an external threat, we all have to chip in, but we don't pay the whole bill in America.
00:41:57.420 You guys have to chip in, too.
00:41:58.820 That happened, as you know.
00:41:59.920 With the exception of one country, all the European countries now are paying their fair share.
00:42:03.780 He argues there's an internal threat as well, illness.
00:42:06.880 Why is it that America cuts the bill for $130 billion of research and development in pharmaceutical products?
00:42:12.740 And then on top of that, doing all the homework, we get the drugs out, then we pay most of the money that makes pharma profits.
00:42:19.800 Seventy percent of pharma profits are made in this country.
00:42:22.640 This is not the right thing for the American people.
00:42:25.500 Pharmaceutical industry knows that.
00:42:27.220 They know this is coming, and the letter just went out, literally being mailed as we speak.
00:42:32.620 And our belief is that within several years, we can get most drugs, the vast majority of these drugs, to be most favored nation pricing.
00:42:40.180 It's going to be a huge asset to the American people, to governors trying to balance their state budgets.
00:42:46.120 But it's also the right thing to do.
00:42:48.220 It shows that America will carry the right load, but don't put it on us to cure all the cancer in the world.
00:42:54.740 Chip in.
00:42:55.200 Help us out a little bit.
00:42:56.460 Just like with NATO, we'll do the same thing with this most favored nation, prescription drug pricing.
00:43:00.460 Dr. Oz, how do you foresee technology?
00:43:03.940 We're in this age of rapidly advancing capabilities with AI and robotics and a whole range of tools that are already doing pretty marvelous things or showing marvelous possibility.
00:43:18.240 How is technology going to be leveraged under this Trump administration, which obviously you're a part of it, on the health side, to improve Americans' health, to find cures, to get us healthier?
00:43:28.780 The American people have been waiting too long.
00:43:33.800 We've been waiting to get the right information to the doctor's office days and days when it should have been immediately delivered.
00:43:40.160 We've waited for these surprise bills from hospitals.
00:43:42.500 We've waited for access to our medical records just to see stuff that we pay for.
00:43:46.480 And we've been waiting for Washington to take action.
00:43:49.020 The commitments that the president made yesterday with all these companies pledging puts an end to this waiting.
00:43:54.080 Technology is going to allow us to message you when you want to hear it about things going on in your life.
00:43:59.340 It's going to allow doctors to look at you in the eyes and talk to you instead of having to chart the whole time because they've got a code so they can chart and bill for the encounter.
00:44:07.520 It's going to make it much easier for us to fast-track things like prior authorization where you're trying to see if an insurance company is going to pay for something you thought you paid for.
00:44:16.180 All that's going to become automated much faster.
00:44:19.100 But the real benefit here, and this is a critical point, is that we're going to be able to cut the fraud, waste, and abuse out of the system that's destroying it.
00:44:27.460 Maybe $100 billion of administrative costs unnecessarily.
00:44:31.080 You may have read last month with the Department of Justice, we announced a $50 billion takedown because we're a $1.8 trillion entity.
00:44:39.200 We're double the size of the defense budget.
00:44:40.840 And in order to get into our walls, our security walls, you can use the numbers that all Medicare beneficiaries have, their membership number.
00:44:51.160 And so foreign companies and countries, literally, the $15 billion was a multinational criminal organization that I believe is based in Russia.
00:45:00.160 I mean, these are massive operations trying to take us down.
00:45:03.340 Technology is going to allow us to protect ourselves.
00:45:05.780 But at its very core, the goal is not just to keep people alive, it's to get them to be vital, to get them to flourish.
00:45:12.240 The value of an American who's healthy enough to work is much, much greater than what it costs to treat them.
00:45:18.820 But we have to actually get at those wonderful folks who are making mistakes about their lifestyle in a timely fashion.
00:45:26.300 And technology, especially AI, will let us talk to people in ways that we couldn't have before.
00:45:31.640 To literally babysit them through a process that they may be going through, which a doctor just won't do on their own.
00:45:38.320 It's just they don't have the time.
00:45:39.620 And it also allows us to get to rural America, which has been left behind, and let that part of the country thrive.
00:45:45.420 You should not have folks falling behind.
00:45:48.140 Every American ought to be cared for with the dignity they deserve.
00:45:51.180 It doesn't matter what's difficult they're in.
00:45:53.680 Dr. Oz, appreciate you being with us, sir.
00:45:56.600 God bless you, my friend.
00:45:57.720 Stay well.
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00:47:00.600 News and politics, but also a little comic relief.
00:47:04.600 Clay Travis and Buck Sexton.
00:47:06.900 Find them on the free iHeartRadio app or wherever you get your podcasts.
00:47:11.900 Canadian women are looking for more.
00:47:13.960 More out of themselves, their businesses, their elected leaders, and the world around them.
00:47:17.920 And that's why we're thrilled to introduce the Honest Talk podcast.
00:47:21.940 I'm Jennifer Stewart.
00:47:23.040 And I'm Catherine Clark.
00:47:24.280 And in this podcast, we interview Canada's most inspiring women.
00:47:28.020 Entrepreneurs, artists, athletes, politicians, and newsmakers.
00:47:31.580 All at different stages of their journey.
00:47:33.780 So if you're looking to connect, then we hope you'll join us.
00:47:37.000 Listen to the Honest Talk podcast on iHeartRadio or wherever you listen to your podcasts.
00:47:41.060 Welcome back in, Clay Travis, Buck Sexton Show.
00:47:45.760 Appreciate all of you hanging out with us.
00:47:48.120 We are joined now by Melissa Holyoke, Commissioner of the United States Federal Trade Commission.
00:47:55.120 A lot going on in that world as we break down all of the different, I would say,
00:48:03.620 just insanity that seems to be going on on a day-to-day basis.
00:48:07.760 A lot of different mergers underway, a lot of different moving parts associated with the tariffs and everything else.
00:48:15.240 You're new in the job.
00:48:17.080 How has that been for you so far?
00:48:20.800 Oh, well, thank you.
00:48:22.020 Thank you for having me on.
00:48:23.640 I'm super excited to be here.
00:48:24.880 Thanks, Clay.
00:48:25.780 The job has been wonderful.
00:48:28.100 It's been amazing.
00:48:29.500 We had a change in administration in January.
00:48:31.920 So it's nice to finally have a positive agenda that we can implement.
00:48:36.060 But like you said, things are changing every day, lots of big things in our world.
00:48:42.100 I think what's interesting is we get a lot of questions about tariffs, and I will get a lot of questions about tariffs.
00:48:48.240 But we don't, even though the word trade is in our name, we don't necessarily do anything with tariffs other than see maybe some of the consequences of that.
00:48:58.160 So we don't negotiate those or enforce those.
00:49:01.300 So what we're looking at, what the Federal Trade Commission does, is protect American consumers in the United States, mostly from fraudsters and scammers.
00:49:09.160 And like you said, from anti-competitive behavior.
00:49:12.040 And we look at mergers in the world and see what's happening with companies.
00:49:15.540 And we want to protect Americans from monopolists as well.
00:49:18.520 So what are some of the, thank you for being with us, Commissioner, it's Buck.
00:49:21.500 What are some of the primary frauds?
00:49:24.360 You know, one thing that we, we have a great sponsor on the show that deals with identity theft.
00:49:29.320 And one thing that I've seen is just how sophisticated some of these efforts are to do that.
00:49:36.300 It's really, it used to be somebody would send you an email saying, you know, I'll give you a million dollars if you give me $10,000.
00:49:41.560 And unfortunately that would work far too often, but it's a little bit, a little bit on the, on the obvious side.
00:49:48.420 Now they're getting really good at pretending to be from a bank or, I mean, what are the kind of scams or the kind of things the FTC is focused in on policing these days?
00:49:59.660 That's such a great question.
00:50:01.280 I mean, cause that is a majority of our work and what we want to focus on.
00:50:04.760 And, and, and fraud has just growing and growing.
00:50:07.680 Uh, last, uh, it was $10 billion a couple of years ago, and now it's grown 25% to over 12 billion.
00:50:15.160 And it's what we want to focus on every day.
00:50:17.420 So, and what we'll, we're seeing, like you said, is we're seeing lots of sophisticated fraud and the use of different technologies.
00:50:24.980 So one of those examples is they use voice cloning technology.
00:50:29.220 So you'll have a grandma in the middle of the night, get a call from what sounds exactly like her grandson saying, I'm in jail.
00:50:36.580 I need money, send this to me here.
00:50:39.240 And it sounds just like them.
00:50:41.140 And those are the kinds of really concerning, um, uh, types of fraud where it folks, everyone can, what would get duped from it.
00:50:50.140 Not just, um, it does, it's a lot more sophisticated than, than some of the things that we've seen in the past.
00:50:55.740 And we're, we're trying to go out and, and educate consumers on some of these, these, uh, more sophisticated frauds.
00:51:02.280 What are the enforcement mechanisms?
00:51:04.180 Like what can you, when, when you find something that's going on, I mean, you're not the FBI, right?
00:51:08.960 So what, what enforcement mechanisms does the FTC have access to?
00:51:12.640 And how does that process work?
00:51:13.820 Like when you find the fraudsters, then what?
00:51:17.060 Great question.
00:51:17.800 So what we do is a lot of the times we're looking at trends of frauds.
00:51:22.020 So we have a really large database that, that we have, um, that many, many states have access to.
00:51:28.200 And we look at complaints that are coming in.
00:51:30.540 I think one, one thing that I want to, if I could get a message out, one thing is to make sure to report the fraud.
00:51:36.300 We have a website that says that where you can report the frauds.
00:51:39.620 And we take those complaints and we start from there and able to, and in order to do, um, like you said, investigations, we can, we will issue, um, civil investigative demands.
00:51:50.500 If we think there's a criminal component to it, we work with our criminal partners.
00:51:54.180 We will go reach out to the department of justice or others, estate partners, um, U S attorneys and, and, and districts across the country and work with them.
00:52:03.600 And if, um, those are, those types of criminal components are, are applicable to.
00:52:10.140 So basically you can flag something for DOJ and then DOJ can actually make it a criminal matter.
00:52:14.500 If that's the kind of fraud you're talking about.
00:52:16.880 Exactly.
00:52:17.440 But we don't have to stop just because we, there might be a criminal component.
00:52:20.680 A lot of times we can move really fast in terms of freezing assets and going in and making sure to like to, to, to stop the bleeding and, and basically have those assets available if, and when we can get some money back to consumers.
00:52:32.540 One of the biggest challenges I would imagine in the merger space is technology and the fact that this thing is moving so rapidly, whether it's AI or elsewhere, that we typically think of monopoly power as something that leads to higher prices.
00:52:48.400 But in the universe that we're in now, some of these huge tech companies are arguing that when they are merging, when they are buying new assets, it's actually leading to lower prices.
00:52:59.740 How do you balance all this out?
00:53:01.820 Because the tech universe has definitely maybe upset the apple cart of what monopolistic power truly looks like.
00:53:10.600 I think that's so important that we're actually analyzing what the harms are.
00:53:14.680 Like you said, we have mergers that we look at, so many mergers that get filed and we get notification of them, but in the vast majority of them, like literally 98% of cases, there's no real problem there in terms of the merger.
00:53:29.800 And in fact, a lot of mergers provide benefits for consumers.
00:53:33.880 And so what we want to do is make sure we're getting out of the way if there are mergers out there that can really provide benefits, because the faster that they can move, the better and quicker that those benefits can go to consumers.
00:53:44.860 And then in the smaller amount of cases, yes, we'll take a second look in those 2% cases to see what's happening.
00:53:51.160 But like you said, in tech and in big tech, these are extremely dynamic markets.
00:53:56.520 Things are changing all the time, and we want to be analyzing them correctly, so we're not providing or we're not preventing any benefits that consumers could enjoy.
00:54:08.520 Outstanding stuff.
00:54:11.020 Well, look, we need you back.
00:54:12.700 I know you've got a lot to get involved in, because we've got, what, the big rail merger that they're talking about right now.
00:54:18.980 I'm sure you're going to be diving into so many of these different cases, so many of these different decisions.
00:54:23.880 Just keep us on speed dial.
00:54:25.200 We want you on to be able to bring us up to speed on so many of these different issues going forward.
00:54:30.100 Congratulations on hopefully being able to get a lot more done now with the new administration.
00:54:35.200 Well, I appreciate that so much.
00:54:36.920 I love the work that I'm doing.
00:54:39.020 It's very important.
00:54:40.660 I will say one thing that is, if I can just leave with a few last moments, thoughts related to the tariffs.
00:54:50.720 I think there's just been this real reinvigoration of American manufacturing, American exceptionalism.
00:54:57.120 And the one thing that the FTC has been focusing on in the month of July is the Made in the USA label rule and our enforcement efforts there.
00:55:08.640 And if folks are looking and they're seeing problems made in the USA labels that they just don't, that are suspect to them, they can email us at musa at ftc.org.
00:55:19.940 But we also work with businesses.
00:55:22.040 So if businesses are trying to comply with the law and want to make sure that they are advertising truthfully and really working with consumers on that, they can also email us.
00:55:31.100 Because lots of people...
00:55:32.200 Put a plug in for that.
00:55:33.680 Yeah, lots of people sadly do try and lie about the Made in the USA.
00:55:38.020 We've done reading and studies on that.
00:55:40.400 So I'm glad that you can be on top of it, because obviously it's something that many people want to be able to spend their money on.
00:55:47.260 Yes, absolutely.
00:55:49.000 Thank you so much.
00:55:49.960 That's Melissa Hollyo with the FTC.
00:55:53.380 Look, we just had an awful story.
00:55:55.780 Midtown Manhattan.
00:55:56.840 What happened there?
00:55:58.500 Innocent lives lost.
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