BonusDaily Review with Clay and Buck - Nov 20 2025
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Summary
On today's show, Buck and Clay discuss the upcoming mid-term elections, including the DeSantis vs. Johnson race, the Epstein vs. McDaniel race, and the cost of living debate. Plus, they talk about what's going to happen with the rent freeze.
Transcript
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But we are looking at what this is going to be like.
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Thanks, Buck, for reminding me to laugh sometimes at the Democrat antics
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It's much healthier to recognize it for what it is.
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But, look, the day-to-day is stressful and hard enough.
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We want you to come here, get a lot of great information, get insights,
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have people like Governor DeSantis and Senator Ron Johnson fill you in
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on what's happening from the very top levels of government, respectively,
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I just had to open up with a Jasmine Crockett thing today.
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Do you realize that a man named Jeffrey Epstein?
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You know, I grew up in Manhattan, and I think there were several Jeffrey Epsteins
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Hey, Buck, to continue the fun, we should go to Jasmine's website
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and donate to her campaign using the name Jeffrey Epstein.
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Well, don't donate in someone else's name, but I get the joke.
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And, yeah, it's, oh, man, funny stuff, funny stuff.
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And I think that there's going to be an effort to, well, first of all,
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there's going to be an effort to make Mom Donnie-ism,
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and Clay and I have talked about this a lot, an issue for the midterms.
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I don't know how much, how well that will work.
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I think the cost of things is a huge decider of where this midterm is going to go,
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whether, you know, who makes the case that they're better at handling costs.
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I was just actually reading a couple of days ago a piece, I can't remember,
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I read all these different newspapers constantly,
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so I can't keep straight sometimes where I read it.
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But as you know, one of the big Mom Donnie plans is a rent freeze.
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And this is one of these ideas that, I get it, it sounds good.
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A lot of people, now, it doesn't sound good if you're a landlord, we'll get to that.
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But, oh, you know, the rent's going to be frozen.
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New York is a test case for this, but it's the same thing's true for house building in Los Angeles County.
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Same thing's true in a lot of very left-wing districts and counties in this country.
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What makes the cost so high are things like labor costs, regulatory costs,
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Do a lot of people want to live where you want to live?
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There's also a supply and demand aspect of it, but there are artificial constraints on the supply and demand
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This is where Hayek, it's a little dry, but Hayek's road to serfdom is so good
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because Hayek makes the case that, and it's very important to remember,
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government intervention in markets begets more government intervention in markets.
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The more the government tries to play God, so to speak, in where you can live and what you pay
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oh, we've created a distortion in the market, let's fix it with more government regulation.
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And you all see this in your day-to-day life.
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Whenever the government has done something, you're like, well, that's a dumb idea.
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When everyone realizes it's a dumb idea, does the government say,
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No, they generally want to do another dumb thing to fix the dumb thing
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that they should not have done in the first place.
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And with that, I bring you rent control or a rent freeze,
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both of them applicable here, in New York City.
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Does that freeze taxes on the people who own these buildings?
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You know, this is where you start to see the destructive hand of government and markets.
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Well, we'll just, you know, we'll give more to people,
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and then they'll have more stuff, and everybody will be happy.
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What about the government hand that says, well, that's mine now,
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You think about housing stock in New York City.
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There are 50,000, 50,000 housing units, mostly apartments,
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but 50,000 places where a person or a family could live that are off the market,
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off the market entirely, and in disrepair, unlivable,
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they've got, you know, they had some kind of a flood,
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or they have an asbestos problem, or they have whatever it is.
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And you know why they're off the market and not going to be on the market?
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Because New York City passed laws that make it impossible for them,
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for the landlords to recoup the cost of what it would be to make the place livable.
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So you want to talk about artificial housing constraints.
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These are already, these are domiciles that would be ready to go.
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But the landlords realize, if I can only, if I have to spend,
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let's just make this kind of simple, a one-bedroom apartment,
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and if I spend 50,000, I'm a landlord in New York, right?
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I spend $50,000 to bring that apartment up to code,
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But I can only raise the rent from what it used to be,
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I would need to raise the rent, you know, $1,000 a month or $1,500 a month
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And so as a result, you have all these young people,
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Well, that's because the idiot politicians who run New York City,
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which is only possible also, the New York bureaucracy,
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is only possible because of the 1% of high earners in New York
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If 1% of New Yorkers left, I mean, that full 1% of top earners,
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if all of them left, the whole city budget, I mean,
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So because New York has such a concentration of extremely high earners,
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they're able to get away with a lot of really bad policy.
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It's a bit like a national government that has a tremendous amount of oil.
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They can get away with a lot of really bad policy
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because oil is going to pay a lot of the bills.
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And that's like having an ATM machine that's just spewing out money.
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When you have, I think New York has more, obviously,
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more billionaires than anywhere else in the country
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and more extreme high earners, although the Bay Area,
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maybe the Bay Area actually now, I'd have to look at the numbers
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But if you had a flight of just even half of that 1%,
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the whole city, even 25% of that 1%, 10% of that 1%,
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the city budget just can't work, can't function.
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So my problem with Mamdani-ism is he has no response to what I said
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that there are artificial constraints on housing
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they could build a lot more housing in New York.
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for more than 2 million rent-stabilized tenants.
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It'll actually probably be Donald Trump's fault,
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so they are finding a way within the bureaucratic
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that's a good thing uh there does not need to be
00:46:07.080
there should not be a federal department of education
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there's there's no reason for this so several of its
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department as a pass-through for money that goes to
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about this you go hold on a second we have a whole
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pass-through the middleman for federal funds that
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go into state why don't we just if we're going to
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give federal money to education give money to states
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uh education secretary lynn mcmahon has started a public
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campaign for the end of her department yes
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the person running it saying this should not even be
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but uh there's been you know that the department of education
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education has really just been a progressive policy arm
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under the guise of education but it's it's part of a
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uh part of a really a lib deep state operation for a long time
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because department of ed is so left-wing it doesn't really matter
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what administration is in charge republican or democrat
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the department of ed uh just pushes for policies that are left-wing
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because that's who works there it's a bit like the department of uh or the
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uh left-wing climate change loons and so it doesn't matter if you have a
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republican administration you have ideologues in an agency who are pushing
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an agenda and doing so against the wishes of the
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republican in the white house so you got to clean things up you got to
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uh you ask people what is the it's always so fun too i go okay
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i go into grok as you know i like grok a lot what does the department
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um the department of education do and let's just see what it says and i'll
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read this to you a cabinet level federal agency created in 1980
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its main job is to oversee and support education
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but it does not run public schools it distributes federal funding
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enforces federal education laws and collects uh research
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and administer student financial aid so it's a pass-through for a lot of federal
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you know dei uh obsessed left-wing policy stuff there's no actual need for any
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no actual need for any of this um and think about this how how
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serious could the department of education be about civil rights
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when they have been unwilling to stop the madness of the
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gender identity uh disorder stuff going on in all these schools
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where they have men pretending to be women how can you say you're enforcing
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title nine when a guy can can say he's a girl and
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play on women's sports so it's the department of education
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gotta go hope it goes they're moving in that direction democrats are going to
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and departments even when they lose elections and that's that's
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one of the incredibly important revelations of the trump era
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even when we win elections as republicans you end up still with a lot of democrat
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administration or democrat policy pushed from these places
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uh now she also spoke caroline levitt also spoke about zoran
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momdadi meeting with trump tomorrow this is cut 28
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let's hear it it speaks volumes that tomorrow we have a communist coming to
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the white house because that's who the democrat party elected as the mayor
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of the largest city in the country i think it's very telling but i also think it
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speaks to the fact that president trump is willing to meet with anyone
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uh and talk to anyone um and to try to do what's right on behalf of the
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american people whether they live in blue states or red states or blue cities uh
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in a city that's becoming much more left than i think this president ever
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anticipated in his many years of living in new york himself
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you know why they are uh so touchy about the whole communist thing
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because we all know that there's some truth to it if it were absurd if it weren't really
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something that bothered them then they wouldn't always say no it's a democratic socialist he's a
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democratic socialist you know there was the american i guess it still exists but it's kind of a joke
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now but the american communist party uh grew and in the 1940s i think it was basically about a hundred
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thousand people uh you know what happened they all became democrats you know what happened to the
00:51:58.020
communist movement in america got folded into the democrat party that's a whole other thing
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that's a whole other thing uh and there are some great books on this stuff you can read
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why do they hate nixon so much they really hate nixon so much because he was a staunch anti-communist
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and he worked to expose that there were a lot of democrats who were willing to play footsie with
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communists back in the day but i digress on that one i digress uh look i think trump will be as i said
00:52:24.720
before he'll be himself he'll be charming and funny to mom donnie there'll probably be some great lines
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uh and what what was the thing what did trump say to the i couldn't i i didn't i don't even know who
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he said it to so i but he was on air force one and some reporter interrupted but he said quiet piggy
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and the thing about this is it's just the democrats they get so upset about it they're gonna get so
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angry about it and it just encourages them to do more stuff like that like they're not going to make
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trump stop being trump they can try they can try to shame his supporters it's not going to work
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but yeah i'd never see that can you guys pull that to ever i don't know if everyone's heard it do we
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have it trump saying quiet piggy um i hope it's not ai i don't think it was ai i'm so and now i have to
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worry about any clip that i see this is the world we're in my friends there's stuff that
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it can look very real they have programs now that can make trump look like he said things close to
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what he said but change the words a little bit this is the world that we are in right now so that's why
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i i'm always like oh gosh i hope that's not ai but i'm pretty sure he's i'm pretty sure he said this one
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just like i was sure that he's meeting mom donnie tomorrow and he is uh the mom donnie disaster in
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new york i think is inevitable i hope it's not for new york's sake uh and for my family that are
00:53:57.700
there but i think the mom donnie situation is likely to get really get really bad uh really bad
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we'll see oh and caroline levin also got into an exchange with a reporter about that military psa
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can we is it really even a psa it's just kind of an underhanded attack but here she is just cut 29
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listen to it the president and the vice president for that matter have accused the other side of
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encouraging political violence isn't that exactly what the president is doing when he says that
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members of congress should be killed why aren't you talking about what these members of congress are
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doing to encourage and incite violence they are literally saying to 1.3 million active duty service
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members not to defy to defy the chain of command not to follow lawful orders every single
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but they're suggesting they're suggesting nancy that the president has given illegal orders which
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he has not every single order that is given to this united states military by this commander-in-chief
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and through this command chain of command through the secretary of war is lawful and the courts have
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proven that this administration has an unparalleled record at the supreme court because we
00:55:10.500
are following the laws we don't defy court orders we do things by the books and to to suggest and
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encourage that active duty service members defy the chain of command is a very dangerous thing for
00:55:22.880
sitting members of congress to do and they should be held accountable and that's what the president
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wants to see he's not messing around and i think it just based on the number of you who are veterans
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yourselves or even active duty but veterans who have written in very unhappy with this this psa uh
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it's it's meant to be it's meant to undermine the commander-in-chief let's just be honest it's meant to
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undermine the commander-in-chief that is what they are doing uh and it it just goes with everything else
00:55:54.100
they they have to tell stories fables to themselves to justify their trump derangement and and that's
00:56:01.260
yet another another example of it all right christmas is five weeks is that right five weeks
00:56:07.380
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trump highlights from the week sundays at noon eastern in the clay and buck podcast feed find it
00:57:54.160
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