Verdict with Ted Cruz - Comrade Kamala Proposes She Be in Charge of Price Fixing for Food plus Open Borders Attract Terrorists & Endanger Children

00:00:00.000 This is an iHeart Podcast.

00:00:02.500 Guaranteed human.

00:00:05.160 Welcome.

00:00:06.000 It is Verdict with Senator Ted Cruz, Ben Ferguson.

00:00:09.420 With you, Senator, it's like one in the morning,

00:00:12.020 and I can't believe I'm actually saying this to you.

00:00:15.860 But is it fair to say that Kamala Harris is stealing campaign ideas

00:00:21.040 from socialists and communists?

00:00:23.840 You know, people like Stalin and, I don't know,

00:00:26.620 Maduro with her new plan on food prices.

00:00:30.000 Well, we're 25 days into Kamala Harris being the presumptive Democrat nominee.

00:00:35.700 For 23 of the days, she had a total of zero policy proposals.

00:00:40.380 Her website still has no policy positions listed on it.

00:00:44.620 Then, 24 days into it, she discovered her first policy proposal,

00:00:48.880 and it was a good one.

00:00:50.100 It was no taxes on tips, something Donald Trump proposed,

00:00:54.160 something that I introduced and authored the legislation.

00:00:57.180 And so that was a good sign.

00:00:58.340 She had found one position that she liked,

00:01:01.320 and it was actually a tax-cutting position.

00:01:04.080 Well, that moment, that moment of clarity, lasted about 24 hours.

00:01:09.420 She's now come out with her second policy position.

00:01:12.400 And mind you, this is the second out of two,

00:01:15.400 because in 25 days, she has not had any other policy positions whatsoever.

00:01:19.640 Unfortunately, position number two was not nearly as good as position number one.

00:01:26.060 Position number two is she, Queen Kamala, the federal government czar,

00:01:33.080 is going to set prices.

00:01:35.040 Well, not on anything that matters.

00:01:37.760 Just food.

00:01:38.760 Just groceries.

00:01:39.780 Just what you feed your children and your family.

00:01:42.160 That the federal government is now going to be in the business that the Soviet Union,

00:01:47.000 their government, was in for a long time.

00:01:50.060 Deciding the prices of goods the people need and want.

00:01:53.620 The only problem is, history has shown, that is absolutely disastrous.

00:01:57.520 We're going to break that down.

00:01:58.640 We're going to explain it to you.

00:02:00.580 And then, secondly,

00:02:02.580 Kamala Harris desperately, desperately wants you to forget

00:02:05.140 that she has been the border czar for four years.

00:02:07.620 There's a reason for that.

00:02:09.520 The border is the single greatest disaster

00:02:12.260 under Joe Biden and her administration.

00:02:15.760 Just this week, we've seen a potential terrorist, a Palestinian, apprehended.

00:02:21.740 We've also seen a criminal, a mass murderer,

00:02:26.160 who had been apprehended at the border.

00:02:28.020 These are inconvenient facts.

00:02:29.600 As are the facts that she and Joe Biden

00:02:32.040 have lost over 80,000 illegal immigrant children.

00:02:36.960 They've just lost them.

00:02:38.160 They handed them over to adults they didn't vet.

00:02:40.340 They don't know who they are.

00:02:41.340 They don't know if the adults are abusing the kids.

00:02:43.220 They don't know if the adults are putting the kids in slave labor.

00:02:45.820 They don't know if the adults are engaging in sexual abuse of the kids.

00:02:49.700 They've just lost them because it's all politics.

00:02:52.160 And if children have to suffer,

00:02:53.920 well, they're willing to accept that price.

00:02:55.860 We're going to explain that as well.

00:02:57.100 I want to remind you about what's going on in Israel.

00:03:00.500 The people in Israel right now

00:03:02.340 still very much desperately need your help.

00:03:04.960 They are absolutely under attack,

00:03:07.680 this time with a massive rocket attack

00:03:09.780 that just came in from Hezbollah.

00:03:11.720 Since October the 7th,

00:03:13.100 attacks on Israel have increased,

00:03:15.040 with Iran and its proxies launching attack after attack,

00:03:18.720 hundreds and hundreds of drones and missiles.

00:03:21.420 Israel and the Israeli people

00:03:23.840 are living with the harsh reality of terror every day.

00:03:27.240 And the need right now is bomb shelters.

00:03:29.640 The International Fellowship of Christians and Jews

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00:04:35.200 That's one word.

00:04:36.600 Supportifcj.org to stand with the people in Israel.

00:04:42.000 Senator, when this came out,

00:04:44.580 I was actually kind of laughing

00:04:47.400 and then I realized how close we are

00:04:50.900 to turning into a Soviet-style food market,

00:04:55.800 grocery stores.

00:04:57.040 And if you go back and look

00:04:58.340 what Soviet-style markets looked like,

00:05:00.700 they didn't actually even have shelving

00:05:02.400 in the majority of them.

00:05:03.960 They had pallets and boxes.

00:05:06.660 And then you open the box

00:05:08.020 and whatever they had for you there that day

00:05:10.740 is what you went home with.

00:05:13.260 You didn't go shopping.

00:05:14.780 You went and found whatever they brought you.

00:05:16.900 There are lots of videos of this

00:05:18.880 that you can see online

00:05:20.120 of just how bad it is

00:05:22.520 when the government takes over.

00:05:23.660 But what Kamala Harris is doing

00:05:25.100 is she's trying to appease

00:05:26.420 to voters saying,

00:05:28.180 hey, I'm going to put

00:05:29.020 price controls on food.

00:05:31.420 The issue is,

00:05:32.880 and I want you to take a moment

00:05:34.120 to explain this to people,

00:05:35.540 if the government does that

00:05:37.320 and the farmers' prices go up

00:05:39.940 and the price of grain

00:05:41.640 or the price of fuel

00:05:42.760 or the price of transportation,

00:05:44.320 and they start losing money,

00:05:45.920 they go under instantly,

00:05:47.780 leaving no one but the government

00:05:49.320 to basically feed you.

00:05:52.300 Well, I want to break down

00:05:53.620 a couple of pieces of this.

00:05:55.440 I want to break down

00:05:55.980 the politics of it,

00:05:56.940 and then I want to break down

00:05:57.680 the substance of it.

00:05:59.040 Let's start with the politics of it.

00:06:00.980 Kamala Harris and her team

00:06:02.240 have been on a sugar high

00:06:03.860 for 25 days.

00:06:06.220 The press has been engaged

00:06:07.680 in a relentless campaign

00:06:09.020 of lionization and canonization.

00:06:11.060 They've been turning her

00:06:11.780 into St. Kamala.

00:06:13.220 But it has been utterly

00:06:14.660 substance-free.

00:06:16.640 Her team, they're not stupid.

00:06:18.280 They understand,

00:06:19.180 as we get closer to Election Day,

00:06:20.660 people are actually going to care

00:06:22.040 about substance.

00:06:23.800 The top two issues in the country,

00:06:26.180 and this is true in pretty much

00:06:28.020 every single opinion poll

00:06:29.180 that is done,

00:06:30.360 they are, number one,

00:06:31.440 the chaos at the open border,

00:06:33.640 11.5 million people crossing

00:06:35.180 into this country illegally,

00:06:36.600 and number two,

00:06:38.060 jobs in the economy

00:06:38.980 and in particular inflation,

00:06:40.320 and inflation is hurting people

00:06:41.540 all across the country.

00:06:43.000 And it varies poll to poll

00:06:44.880 whether illegal immigration is one

00:06:47.380 and economy inflation is two,

00:06:49.600 or whether economy inflation is one

00:06:51.420 and illegal immigration is two,

00:06:53.340 but those are consistently one and two.

00:06:55.260 They're both at about 30%,

00:06:57.040 by the way,

00:06:57.540 in a typical poll

00:06:58.360 in terms of how many

00:06:59.720 of the voters say

00:07:00.620 this is my top concern.

00:07:02.020 So the two together

00:07:02.940 are about 60%,

00:07:04.140 and Kamala's record on them,

00:07:07.080 on both of them,

00:07:07.840 is terrible.

00:07:08.360 Now, on the border,

00:07:09.780 her strategy is simple.

00:07:11.020 She's just trying to gaslight

00:07:12.340 the American people

00:07:13.140 and claim she wasn't

00:07:13.940 the border czar.

00:07:14.900 It's not her fault.

00:07:15.900 Pay no attention

00:07:16.500 to what's going on here.

00:07:17.420 It's just denial

00:07:18.300 because she has no other answer.

00:07:20.400 On inflation,

00:07:22.120 this is her effort

00:07:23.140 to provide an answer.

00:07:24.200 Now,

00:07:24.840 I want to explain

00:07:26.380 where inflation comes from first

00:07:28.300 and then what's wrong

00:07:29.200 with her bogus political solution.

00:07:32.800 What has caused

00:07:33.660 the inflation

00:07:34.280 of the last four years?

00:07:35.400 And it's been two things principally.

00:07:37.580 Number one,

00:07:39.000 it has been

00:07:39.900 the federal government

00:07:41.800 spending trillions

00:07:43.660 of dollars we don't have,

00:07:46.060 borrowing trillions

00:07:46.840 of dollars we don't have

00:07:47.920 from foreign countries,

00:07:48.800 including China,

00:07:49.720 and printing trillions

00:07:51.380 of dollars we don't have.

00:07:53.240 And this is where

00:07:54.380 it's important

00:07:55.020 to understand,

00:07:56.600 listen,

00:07:57.360 Democrats,

00:07:57.920 unfortunately

00:07:58.680 in Washington

00:08:00.280 are economically

00:08:02.280 illiterate.

00:08:04.000 And that's a real problem

00:08:05.100 because one of the major

00:08:06.580 jobs of serving

00:08:08.280 in the federal government

00:08:09.120 is to understand

00:08:09.840 the economy.

00:08:11.020 My number one priority

00:08:12.200 in the Senate

00:08:12.640 is jobs.

00:08:13.260 You have to know

00:08:13.760 something about the economy

00:08:14.940 to be able to fight

00:08:16.240 for jobs

00:08:16.980 for 30 million Texans.

00:08:18.640 Now,

00:08:19.080 what is the role of prices?

00:08:21.000 And let's go back

00:08:21.740 to first principles.

00:08:23.320 All right,

00:08:23.640 if you go to

00:08:24.240 ancient agrarian societies,

00:08:25.860 maybe Ben,

00:08:27.920 you might be

00:08:29.140 a fisherman.

00:08:30.500 Yeah.

00:08:31.180 And I might be

00:08:32.460 a farmer

00:08:33.100 and let's say

00:08:33.660 I grow apples.

00:08:35.280 And maybe it's the case

00:08:37.060 that initially

00:08:38.720 exchanges were done

00:08:40.900 by barter.

00:08:41.880 So let's say

00:08:42.860 I wanted a fish

00:08:43.600 and you were a fisherman.

00:08:44.740 And I could come

00:08:45.900 and I could give you

00:08:46.600 three apples

00:08:47.260 and you could give me

00:08:49.180 a fish.

00:08:49.880 And you and I

00:08:51.040 could agree,

00:08:51.700 I guess I had a lot

00:08:52.380 of apples,

00:08:53.000 fish were harder

00:08:53.840 to come by,

00:08:54.380 they took more effort,

00:08:55.180 they took more labor,

00:08:56.400 they took more capital,

00:08:57.320 you needed a boat

00:08:57.980 to be able to get your fish.

00:08:59.580 So we would agree

00:09:00.660 on a price of

00:09:01.600 three apples

00:09:02.420 for one fish.

00:09:03.360 And so that's how

00:09:04.000 we set the relative value

00:09:05.240 of the two things

00:09:05.800 we were producing.

00:09:07.160 The problem is

00:09:08.120 it was really

00:09:08.740 inconvenient

00:09:09.780 to carry around

00:09:11.360 apples in your pocket

00:09:12.300 all day long

00:09:12.880 or fish in your pocket

00:09:13.780 all day long,

00:09:14.560 aside from the fact

00:09:15.480 that it kind of stinks

00:09:16.240 and they go rotten.

00:09:18.080 And so what arose

00:09:20.080 is the growth of money.

00:09:22.100 Now,

00:09:22.340 the value of money

00:09:23.840 is prices serve

00:09:26.760 as a signaling effect.

00:09:27.980 Now,

00:09:28.080 they serve as a signaling effect,

00:09:29.420 number one,

00:09:30.560 the relative value

00:09:31.760 of goods and services

00:09:33.300 vis-a-vis each other.

00:09:35.060 They also have

00:09:36.140 a different signaling effect,

00:09:37.160 which I'll discuss

00:09:37.720 in a minute,

00:09:38.160 but let's just focus

00:09:38.960 on the relative value.

00:09:40.740 So if we come up

00:09:42.160 with,

00:09:42.440 let's say,

00:09:43.020 a dollar,

00:09:43.680 that's going to be

00:09:44.340 our medium of currency.

00:09:46.480 And if the ratio

00:09:47.660 was three apples

00:09:49.140 to every fish,

00:09:50.000 it would be very simple.

00:09:52.120 We would agree

00:09:52.660 that the price

00:09:53.360 of a fish

00:09:53.940 is three dollars

00:09:55.220 and the price

00:09:56.620 of an apple

00:09:57.080 is one dollar.

00:09:58.300 Now,

00:09:58.420 that's that same ratio.

00:09:59.440 It's the identical thing

00:10:00.400 you and I have agreed.

00:10:01.760 That's the relative value

00:10:02.980 of the two.

00:10:03.380 But the beauty of it is

00:10:04.080 we could both carry dollars

00:10:05.220 and we knew

00:10:06.220 if I wanted a fish,

00:10:07.280 I gave you three bucks.

00:10:08.500 If you wanted an apple,

00:10:09.600 you gave me a dollar.

00:10:10.640 By the way,

00:10:10.960 you didn't have to give me

00:10:11.540 a third of a fish,

00:10:12.260 like giving me the fish head

00:10:13.340 is kind of lousy.

00:10:14.440 You could just give me a dollar

00:10:15.360 and that was a third

00:10:16.020 of the value of the fish.

00:10:16.880 So it was also divisible

00:10:18.760 to smaller units

00:10:19.740 and it enabled

00:10:20.560 exchange and trade.

00:10:22.740 Now,

00:10:23.520 to understand inflation

00:10:25.080 at the very simplest level,

00:10:26.460 let's,

00:10:27.060 the entire purpose of money

00:10:28.860 or one of the central purposes,

00:10:30.680 entire is a bit much,

00:10:31.560 but one of the central purposes

00:10:32.660 is providing

00:10:34.100 a relative valuation

00:10:36.200 of one good and service

00:10:37.860 versus another.

00:10:39.220 In a simple hypothetical,

00:10:40.580 let's assume

00:10:41.520 we double

00:10:42.480 the number of dollars

00:10:44.340 that exists

00:10:45.020 in our land,

00:10:46.400 our country,

00:10:46.940 wherever we're living.

00:10:47.560 let's say

00:10:48.820 there are a million dollars

00:10:49.900 in circulation

00:10:50.480 on day one

00:10:51.460 and then on day two

00:10:52.740 there are two million dollars.

00:10:55.000 Now,

00:10:55.480 if you double

00:10:56.280 the number of dollars

00:10:57.980 in circulation,

00:10:58.940 look,

00:10:59.140 the relative value

00:11:00.140 of a fish

00:11:00.720 to an apple

00:11:01.300 didn't change.

00:11:02.820 You and I still agree

00:11:04.160 a fish is worth

00:11:05.580 three times as much

00:11:06.560 as an apple,

00:11:07.420 which means

00:11:08.400 if there are twice

00:11:09.360 as many dollars

00:11:10.260 and the dollars

00:11:10.980 are serving

00:11:11.660 a signaling function

00:11:12.840 to let me know

00:11:13.640 how valuable a fish is

00:11:15.120 compared to how valuable

00:11:15.980 an apple is,

00:11:16.700 it means

00:11:17.900 when you double

00:11:18.560 the money supply

00:11:19.240 and you go

00:11:19.600 from a million dollars

00:11:20.460 in circulation

00:11:21.060 to two million dollars

00:11:21.960 in circulation,

00:11:23.200 you know what the price

00:11:24.480 of a fish is

00:11:25.080 the next day?

00:11:26.080 Six dollars.

00:11:27.000 You know what the price

00:11:27.580 of an apple is?

00:11:28.700 Two dollars.

00:11:29.520 Why?

00:11:30.240 Because the ratio

00:11:31.180 of six dollars

00:11:32.020 to two dollars

00:11:32.720 is still three to one

00:11:34.120 and we also want

00:11:37.440 to be able to value

00:11:38.500 the price of a fish

00:11:39.880 and an apple

00:11:40.980 vis-a-vis a banana,

00:11:42.320 vis-a-vis

00:11:42.960 an F-150 pickup truck.

00:11:45.480 And so you need

00:11:47.200 pricing gives

00:11:49.120 relative values.

00:11:50.680 Why do we have inflation?

00:11:52.060 There were two major drivers.

00:11:53.340 Number one,

00:11:53.760 the Democrats spend

00:11:54.740 a crap ton of money

00:11:56.300 they didn't have

00:11:57.000 and they grew

00:11:57.620 the money supply.

00:11:58.500 There are a lot more dollars.

00:11:59.820 If there are a lot more dollars,

00:12:01.480 the price of everything

00:12:02.400 goes up.

00:12:02.960 But secondly,

00:12:03.940 there's a second component

00:12:05.260 of inflation,

00:12:06.400 which is for four years,

00:12:08.580 Kamala Harris

00:12:09.200 and Joe Biden

00:12:09.920 have waged a war

00:12:11.420 on energy

00:12:13.340 and in particular

00:12:14.040 oil and gas.

00:12:14.860 And understand,

00:12:15.920 oil and gas,

00:12:16.680 the United States

00:12:17.380 is the world's

00:12:19.520 biggest producer

00:12:20.940 of oil and gas.

00:12:23.180 We are the world's

00:12:24.460 greatest superpower

00:12:25.740 when it comes

00:12:26.620 to oil and gas.

00:12:28.660 This administration,

00:12:30.120 because they've given

00:12:30.800 in to the Green New Deal

00:12:32.100 lunatics,

00:12:32.840 and in fact,

00:12:33.220 not just give it in,

00:12:34.080 they've embraced them

00:12:34.920 and that's who they are.

00:12:36.220 They have launched

00:12:38.160 regulatory effort

00:12:39.280 after regulatory effort

00:12:40.580 trying to hammer

00:12:41.640 U.S. oil

00:12:43.060 and gas production.

00:12:44.180 The result

00:12:44.740 has been

00:12:45.960 the price of gasoline

00:12:46.960 has risen,

00:12:47.520 the price of energy

00:12:48.300 has risen,

00:12:48.900 the price of oil

00:12:51.120 and gas

00:12:51.560 across the board

00:12:52.360 has risen.

00:12:53.120 That is their

00:12:53.900 intended effect.

00:12:54.840 Why?

00:12:56.500 Because Kamala Harris

00:12:57.560 and Joe Biden

00:12:58.220 want to make it

00:12:58.860 really expensive

00:12:59.740 when you fill up

00:13:00.720 your pickup truck,

00:13:01.880 when you fill up

00:13:02.440 your minivan,

00:13:03.140 when you fill up

00:13:03.720 your Suburban.

00:13:04.480 They want it

00:13:05.280 to be painful

00:13:06.160 because they want you

00:13:08.020 to sell your Suburban

00:13:09.260 and go buy

00:13:10.320 a little electric vehicle

00:13:11.480 and they figure

00:13:12.120 if they make

00:13:12.800 enough American families

00:13:13.960 hurt,

00:13:14.480 then you will

00:13:15.660 change your behavior

00:13:16.720 and you will comply

00:13:17.880 with their woke

00:13:19.440 political demands.

00:13:20.860 Now,

00:13:21.920 that war on energy

00:13:23.400 is a major,

00:13:24.960 major driver

00:13:25.840 of inflation.

00:13:27.540 Let's take food.

00:13:28.840 So when it comes

00:13:29.500 to food,

00:13:30.320 a big driver

00:13:31.300 of the cost of food

00:13:32.340 is the cost

00:13:33.080 of fertilizer

00:13:33.760 and fertilizer,

00:13:35.000 natural gas

00:13:35.660 is a major ingredient.

00:13:37.040 Energy costs

00:13:37.780 are a major ingredient

00:13:38.880 in the cost

00:13:39.920 of fertilizer

00:13:40.520 and so by driving

00:13:41.580 up the cost

00:13:42.140 of energy,

00:13:43.080 they're driving

00:13:43.640 up the cost

00:13:44.340 of growing food

00:13:45.220 but not just

00:13:45.800 growing food.

00:13:47.100 Look,

00:13:47.420 if you want

00:13:48.620 to plow your field,

00:13:49.600 right now a farmer

00:13:50.400 uses a tractor.

00:13:51.380 A tractor runs

00:13:52.100 on diesel.

00:13:53.080 If the cost

00:13:53.680 of diesel

00:13:54.060 is a lot more,

00:13:54.840 it's a lot more

00:13:55.360 expensive to plow

00:13:56.160 your field.

00:13:57.020 Once you plow

00:13:57.800 your field,

00:13:58.320 you've got to

00:13:58.740 harvest your field.

00:13:59.640 That again takes

00:14:00.400 diesel.

00:14:00.820 That becomes

00:14:01.320 a lot more expensive.

00:14:02.640 Then after you

00:14:03.240 harvest it,

00:14:03.860 you've got to

00:14:04.320 take it to the

00:14:04.860 wholesaler.

00:14:05.440 The wholesaler

00:14:05.900 has to take it

00:14:06.660 ultimately to the

00:14:07.740 grocery store.

00:14:08.460 Every one of

00:14:08.960 those trucks

00:14:09.520 runs on diesel

00:14:10.660 as well.

00:14:11.220 And so by

00:14:11.720 waging a war

00:14:13.080 on oil and gas,

00:14:14.700 Kamala Harris

00:14:15.340 is directly

00:14:16.040 responsible for

00:14:17.000 causing a

00:14:18.220 massive increase

00:14:19.680 in the cost

00:14:21.060 of food

00:14:21.500 at the grocery

00:14:22.000 store.

00:14:22.840 Now she's got

00:14:23.680 a political

00:14:24.040 problem.

00:14:25.460 This thing,

00:14:26.500 which millions

00:14:26.960 of Americans

00:14:27.540 hate because

00:14:28.100 it's hurting

00:14:28.500 their families,

00:14:29.440 is her fault.

00:14:30.920 It is her fault

00:14:32.040 because of bad

00:14:33.020 policies that she

00:14:34.080 has championed

00:14:35.040 day in and day

00:14:35.700 out for four

00:14:36.340 years.

00:14:36.820 She can't admit

00:14:37.520 any of that.

00:14:38.660 So instead,

00:14:39.300 what is her

00:14:39.680 solution?

00:14:40.480 The government

00:14:41.200 will magically

00:14:42.200 decree prices

00:14:44.340 will be lower.

00:14:45.580 You must lower

00:14:47.220 prices.

00:14:48.600 Politically,

00:14:49.500 this is driven

00:14:50.420 by a mandate

00:14:51.420 to have some

00:14:52.740 answer to

00:14:53.320 inflation,

00:14:53.820 and she can't

00:14:54.980 give the answer,

00:14:55.820 I'm going to

00:14:56.160 stop my terrible

00:14:56.960 policies that

00:14:58.100 cause this

00:14:58.740 inflation.

00:14:59.400 So instead,

00:15:00.720 wave a magic

00:15:01.340 wand,

00:15:02.160 the government

00:15:02.760 will fix it.

00:15:04.320 Now,

00:15:05.300 in a minute we'll

00:15:05.940 get to the

00:15:06.380 substance,

00:15:06.900 but her

00:15:07.180 solution is

00:15:08.720 an absolute

00:15:09.420 train wreck.

00:15:10.360 It is a

00:15:10.740 disaster.

00:15:11.480 It would hurt

00:15:12.220 the American

00:15:13.140 people badly,

00:15:14.300 but understand,

00:15:15.840 she doesn't

00:15:16.400 know this.

00:15:17.560 Far too few

00:15:18.560 Democrats in

00:15:19.360 Washington have

00:15:20.540 even a basic

00:15:21.760 understanding of

00:15:22.920 economics,

00:15:23.420 and so their

00:15:24.080 answer is,

00:15:25.140 we will just

00:15:26.100 decree,

00:15:27.120 no longer

00:15:28.000 will fish,

00:15:28.800 and my

00:15:29.040 hypothetical,

00:15:29.720 be three

00:15:30.040 dollars.

00:15:31.220 Now,

00:15:31.760 Mr. Ferguson,

00:15:32.580 you must sell

00:15:33.400 fish for a

00:15:34.100 dollar,

00:15:34.600 because people

00:15:36.840 like fish,

00:15:38.000 and three

00:15:38.400 dollars is too

00:15:39.080 much for a

00:15:39.580 fish,

00:15:40.020 so you must

00:15:41.340 sell fish for

00:15:42.180 a dollar.

00:15:42.740 That is her

00:15:43.420 answer.

00:15:44.920 History teaches

00:15:45.960 us,

00:15:46.760 in every society

00:15:48.660 that has tried

00:15:49.460 this,

00:15:50.260 from the

00:15:51.040 Soviet Union

00:15:51.800 to Venezuela,

00:15:53.840 it is a

00:15:55.900 disaster.

00:15:56.820 It doesn't

00:15:57.260 work.

00:15:58.240 It results in

00:15:59.400 massive shortages.

00:16:00.400 It results in

00:16:01.560 consumers getting

00:16:02.660 royally screwed,

00:16:05.220 and yet,

00:16:05.840 Kamala Harris and

00:16:06.620 the people around

00:16:07.280 her have no

00:16:08.220 idea about this.

00:16:09.520 All right,

00:16:10.140 I want to take a

00:16:10.780 moment to tell you

00:16:11.620 about something

00:16:12.400 that is incredible,

00:16:13.900 especially if you're

00:16:14.720 a big advocate of

00:16:15.500 the Second Amendment

00:16:16.180 just like I am,

00:16:17.740 and that is a

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00:16:20.260 from Bond Arms

00:16:21.840 to buy something

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00:16:23.740 to keep forever.

00:16:24.920 I want you to

00:16:25.760 know about what

00:16:27.100 they did to talk

00:16:28.220 about how tough

00:16:29.140 our 45th president

00:16:30.320 is.

00:16:31.280 Anyone who can

00:16:32.240 bounce back from

00:16:33.120 the personal attacks

00:16:34.180 as our 45th president

00:16:35.520 Donald Trump has

00:16:36.140 done,

00:16:36.800 and that attempted

00:16:37.560 assassination attempt

00:16:38.800 and get back to

00:16:39.940 work the way he has,

00:16:40.940 well,

00:16:41.420 is a resilient leader.

00:16:43.220 Now,

00:16:43.920 Bond Arms is

00:16:44.720 celebrating Donald

00:16:45.620 Trump.

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00:16:55.560 the 45th

00:16:56.840 president

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00:16:59.140 You can go

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00:17:11.840 It's a very

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00:17:18.080 time at a

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00:17:20.180 of only

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00:17:25.100 Yeah,

00:17:25.540 you get the

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00:17:27.260 with the

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00:17:44.300 Donald Trump.

00:17:45.680 Let's talk

00:17:46.440 about how

00:17:47.060 quickly this

00:17:48.280 can unravel

00:17:49.040 the idea.

00:17:50.180 And look,

00:17:50.520 I understand

00:17:50.980 this is another

00:17:52.380 way of,

00:17:53.000 in essence,

00:17:53.460 Biden and

00:17:54.620 Harris,

00:17:55.540 or I should

00:17:56.100 now just say

00:17:56.660 Harris,

00:17:57.040 is trying to

00:17:57.840 buy votes.

00:17:58.440 Hey,

00:17:58.700 vote for me,

00:17:59.360 I'll give you

00:17:59.900 cheaper food

00:18:00.900 with guaranteed

00:18:02.000 pricing.

00:18:02.940 But the

00:18:03.820 collapse of

00:18:04.900 the private

00:18:05.480 sector can

00:18:06.580 literally happen

00:18:07.520 overnight.

00:18:08.180 I go back

00:18:08.840 to COVID as

00:18:09.660 a great example

00:18:10.420 of this.

00:18:11.320 The entire

00:18:12.220 system would

00:18:12.920 have fallen

00:18:13.300 instantly if

00:18:14.880 you had price

00:18:15.640 mandates that

00:18:16.760 meant that the

00:18:17.280 people that

00:18:17.720 were producing,

00:18:19.460 whether it's

00:18:20.100 dealing with

00:18:20.920 cattle or

00:18:21.940 chicken or

00:18:22.920 eggs or

00:18:23.920 milk,

00:18:24.640 dairy,

00:18:25.060 whatever,

00:18:26.060 grain,

00:18:26.600 everything.

00:18:27.240 We saw

00:18:27.760 the prices

00:18:28.580 go up.

00:18:30.080 And if you

00:18:30.600 have a set

00:18:31.360 price that,

00:18:32.240 hey,

00:18:32.480 farmer,

00:18:33.160 you have to

00:18:34.060 sell a pound

00:18:34.740 of ground

00:18:35.640 beef at $1.99

00:18:36.960 and then it's

00:18:38.400 costing you $3.50,

00:18:39.900 $4.50,

00:18:40.600 $5.00 per

00:18:41.160 dues,

00:18:42.360 you're out of

00:18:42.900 business instantly.

00:18:44.260 It all shuts

00:18:44.840 down instantly.

00:18:45.940 You can't run

00:18:47.320 in deficits

00:18:48.420 like that on

00:18:49.340 end because

00:18:49.860 the government

00:18:50.400 tells you you

00:18:51.120 must sell

00:18:51.540 your dozen

00:18:52.540 eggs,

00:18:52.920 for $1.50

00:18:53.640 when it's

00:18:54.060 cost you $3.25

00:18:55.080 because of

00:18:55.640 grain prices.

00:18:57.780 That is

00:18:58.440 exactly right.

00:18:59.480 And what

00:19:00.080 you're touching

00:19:00.600 on now is

00:19:01.440 a second

00:19:02.080 very important

00:19:03.380 function of

00:19:04.020 prices.

00:19:04.620 So when I was

00:19:05.180 first laying

00:19:05.680 this out,

00:19:06.020 let me just

00:19:06.360 say as an

00:19:06.720 aside,

00:19:07.480 this is one

00:19:07.840 of the reasons

00:19:08.180 I like doing

00:19:08.880 this podcast

00:19:09.440 is we actually

00:19:10.400 get into

00:19:10.820 substance.

00:19:11.600 Like if you're

00:19:12.580 watching the

00:19:13.220 news on CNN,

00:19:14.800 they don't

00:19:15.060 cover substance.

00:19:16.000 They just

00:19:16.800 engage in

00:19:17.380 political

00:19:17.680 propaganda.

00:19:19.100 And this

00:19:20.160 podcast,

00:19:20.740 one of the

00:19:20.980 things I love

00:19:21.500 about our

00:19:21.880 listeners is

00:19:22.400 our listeners

00:19:22.920 run the

00:19:23.640 gamut in

00:19:24.740 terms of

00:19:25.180 age,

00:19:25.580 in terms of

00:19:26.080 experience.

00:19:26.500 So we've

00:19:27.020 got some

00:19:27.480 people that

00:19:27.900 listen to

00:19:28.280 this who

00:19:29.120 are PhD

00:19:29.720 economists and

00:19:30.520 university

00:19:30.940 professors.

00:19:31.500 That's great.

00:19:32.480 They understand

00:19:33.040 everything I'm

00:19:33.640 saying.

00:19:33.920 We've got

00:19:34.140 other people.

00:19:34.780 We have high

00:19:35.560 school kids and

00:19:36.360 even junior high

00:19:37.000 kids who listen

00:19:37.580 to it.

00:19:37.940 We have college

00:19:39.140 students.

00:19:39.780 We have young

00:19:40.200 professionals.

00:19:40.700 We have

00:19:41.100 people, some

00:19:41.740 who study

00:19:42.160 economics,

00:19:42.880 others who

00:19:43.400 are lawyers,

00:19:44.940 others who

00:19:45.280 are doctors,

00:19:46.180 others who

00:19:46.800 are working

00:19:49.680 mowing lawns.

00:19:50.640 I mean, we

00:19:51.100 have the

00:19:51.540 entire array

00:19:52.940 of listeners.

00:19:54.640 What unifies

00:19:55.580 verdict listeners

00:19:56.280 is they

00:19:56.660 actually care

00:19:57.360 about the

00:19:57.740 truth and

00:19:58.620 they want to

00:19:58.980 know the

00:19:59.280 truth and

00:19:59.680 they're

00:19:59.860 interested.

00:20:01.040 You and I

00:20:01.380 have talked

00:20:01.800 about the

00:20:02.240 fact that my

00:20:02.780 wife Heidi

00:20:03.300 listens regularly

00:20:04.440 to this

00:20:04.900 podcast.

00:20:05.460 Now, I've

00:20:06.580 been married

00:20:07.080 now 23 years.

00:20:08.580 It's not easy

00:20:09.140 to get your

00:20:09.600 wife to listen

00:20:10.300 to anything

00:20:11.160 you do, but

00:20:12.680 the reason she

00:20:13.440 tells me she

00:20:14.000 listens to

00:20:14.500 it, I

00:20:15.340 know you

00:20:16.680 know that.

00:20:17.200 Or say, you

00:20:17.420 just opened me

00:20:18.020 up, trust me,

00:20:18.600 we're on the

00:20:19.900 same boat on

00:20:20.600 this one, my

00:20:21.100 friend.

00:20:21.760 But you know

00:20:22.400 why Heidi says

00:20:23.040 she listens

00:20:23.460 to it?

00:20:23.880 She says she

00:20:24.500 learns things.

00:20:25.060 It's actually

00:20:25.740 useful and

00:20:26.540 helpful to

00:20:27.120 her on a

00:20:28.440 topic.

00:20:29.040 And so,

00:20:29.900 let's talk

00:20:31.580 about the

00:20:32.000 second function

00:20:32.960 of prices.

00:20:34.140 One is the

00:20:34.820 relative value

00:20:35.580 of one good or

00:20:36.240 service vis-a-vis

00:20:36.900 another.

00:20:37.900 But another

00:20:38.380 function, how

00:20:39.040 is a price

00:20:39.480 determined?

00:20:39.960 And it's

00:20:40.360 determined, so

00:20:41.660 you learn this

00:20:42.280 when you take

00:20:42.720 Economics 101,

00:20:44.120 typically that's

00:20:45.000 like an

00:20:45.940 introductory college

00:20:47.480 course.

00:20:49.340 A price is

00:20:50.160 determined from

00:20:50.920 the intersection

00:20:51.700 of two lines.

00:20:53.600 One line is

00:20:54.540 supply and one

00:20:55.960 line is demand.

00:20:56.920 Now what does

00:20:57.360 that mean?

00:20:58.000 Let's explain

00:20:58.560 this in simple

00:20:59.140 terms.

00:21:00.280 Let's go back

00:21:00.980 to the fish

00:21:01.440 example.

00:21:03.180 In the fish

00:21:03.680 example, you

00:21:04.560 are, Ben

00:21:05.680 Ferguson is

00:21:06.300 providing the

00:21:06.900 supply of fish.

00:21:07.680 You're out there

00:21:08.120 fishing every day.

00:21:08.820 Now, a

00:21:10.340 price, the

00:21:12.600 supply line

00:21:14.260 is sloped

00:21:15.460 upwards, which

00:21:16.980 means the

00:21:18.320 higher the

00:21:18.740 price, the

00:21:20.160 more fish

00:21:21.060 you're going

00:21:21.720 to supply.

00:21:23.280 Why is that?

00:21:24.360 If fish are

00:21:25.240 suddenly 10

00:21:26.280 bucks a piece,

00:21:28.180 Ben, you're

00:21:29.140 going to say,

00:21:29.580 hot diggity

00:21:30.080 damn, people

00:21:30.780 like them some

00:21:31.500 fish, maybe

00:21:32.100 sushi became

00:21:32.900 popular, I

00:21:33.620 don't know what

00:21:33.980 it is.

00:21:34.640 They want

00:21:35.380 fish.

00:21:36.060 I sell a

00:21:36.920 fish, I

00:21:37.260 get 10

00:21:37.720 bucks.

00:21:38.060 That means I

00:21:38.500 get to buy

00:21:38.940 all sorts of

00:21:39.600 other stuff I

00:21:40.160 really care

00:21:40.680 about.

00:21:41.500 Maybe, Ben,

00:21:42.440 you had one

00:21:43.780 fishing boat, but

00:21:45.420 fish went up to

00:21:46.240 $10.

00:21:47.100 You're like, we're

00:21:48.000 going to expand

00:21:48.840 supply because this

00:21:50.680 price is really

00:21:51.420 attractive to me.

00:21:52.600 I'm going to go

00:21:53.260 buy me two other

00:21:53.960 boats because I

00:21:54.580 want to make

00:21:54.980 more fish because

00:21:56.200 at 10 bucks a

00:21:56.900 fish, it's really

00:21:57.820 profitable.

00:21:58.420 So supply will

00:21:59.240 increase if the

00:22:00.760 price goes up.

00:22:01.380 On the other

00:22:01.760 hand, if the

00:22:03.340 price goes

00:22:04.060 down, if

00:22:04.900 suddenly instead

00:22:05.500 of three bucks

00:22:06.120 for fish, fish

00:22:07.380 is a dollar, at

00:22:08.900 a minimum you're

00:22:09.560 going to say,

00:22:10.080 you know, I'm

00:22:10.780 not interested in

00:22:11.480 investing any more

00:22:12.180 capital in this

00:22:12.840 business, I'm

00:22:13.400 definitely not

00:22:14.000 buying another

00:22:14.520 boat, and I

00:22:15.580 might not even be

00:22:16.260 able to survive

00:22:16.940 in this business

00:22:17.860 because the price

00:22:18.840 has gotten so

00:22:19.520 low.

00:22:20.200 So the price

00:22:21.180 gives a signaling

00:22:22.240 effect to the

00:22:23.060 producers of how

00:22:25.180 much to invest in

00:22:26.620 producing the

00:22:27.280 product.

00:22:27.720 In any business,

00:22:29.360 in any product,

00:22:30.220 there are two and

00:22:30.920 only two inputs,

00:22:32.780 labor and

00:22:33.640 capital.

00:22:34.840 Labor is maybe

00:22:36.120 you hire three

00:22:37.120 other fishermen.

00:22:38.240 That's one way of

00:22:39.240 increasing your

00:22:39.800 production.

00:22:40.320 If you had one

00:22:40.820 fisherman and you

00:22:41.820 hired two more,

00:22:42.700 you're going to

00:22:43.020 produce more fish.

00:22:44.640 Another way of

00:22:45.480 increasing your

00:22:46.600 production is more

00:22:47.680 capital.

00:22:48.220 You get two more

00:22:49.660 boats.

00:22:50.280 That's another way

00:22:51.120 of producing more

00:22:52.040 capital.

00:22:53.500 It is the price

00:22:55.000 that gives you the

00:22:56.120 instantaneous

00:22:56.760 signaling effect to

00:22:58.800 know, do I need

00:22:59.760 to invest more or

00:23:00.900 less in my fishing

00:23:01.840 business?

00:23:02.160 By the way, if the

00:23:03.360 price stays at 10

00:23:04.220 bucks a fish, I

00:23:05.660 might decide, screw

00:23:06.860 it with these apples.

00:23:08.020 I'm getting me a

00:23:08.980 boat.

00:23:09.300 I'm getting into the

00:23:10.020 fishing business.

00:23:10.740 I'm tired of a

00:23:11.440 dollar an apple for

00:23:12.260 apples.

00:23:13.040 Now, the other

00:23:14.640 line on the graph

00:23:17.180 is the demand curve

00:23:18.580 and the demand curve

00:23:19.760 slopes downward.

00:23:21.420 And what that means

00:23:22.500 is the higher the

00:23:24.120 price, the less

00:23:25.880 demand.

00:23:26.360 So, if fish are

00:23:28.420 a hundred bucks a

00:23:29.360 fish, I may love

00:23:31.640 me some fish.

00:23:32.680 Like, oh, it's

00:23:33.440 delicious stuff.

00:23:34.300 I love it.

00:23:35.040 But at a hundred

00:23:35.700 bucks, you know what?

00:23:36.720 I'm eating me apples.

00:23:37.740 I don't want any fish

00:23:38.660 at a hundred bucks.

00:23:39.340 I can't afford it.

00:23:40.460 Nope, I am not in the

00:23:41.480 fish business if it's

00:23:42.340 a hundred bucks.

00:23:43.300 So, in my hypothetical,

00:23:44.860 let's assume at a hundred

00:23:45.660 bucks, demand for fish

00:23:46.820 is zero because no one

00:23:48.980 can afford it or it's so

00:23:50.100 high they don't want it.

00:23:51.660 Now, as the price of

00:23:53.040 fish gets cheaper and

00:23:53.960 cheaper and cheaper, if

00:23:54.860 fish is three bucks, I

00:23:55.900 may say, all right, I

00:23:56.480 like fish.

00:23:57.000 Maybe I go have fish

00:23:57.940 once a week or twice a

00:23:59.340 week.

00:23:59.480 That's what I feed my

00:24:00.220 family.

00:24:00.580 It's a good choice.

00:24:01.700 And if fish get even

00:24:02.580 cheaper than that, fish

00:24:03.620 drop to a dollar, I

00:24:05.280 might say, you know

00:24:06.160 what?

00:24:06.500 Even though I like

00:24:07.680 beef, if I can't

00:24:09.920 afford beef anymore and

00:24:11.060 fish has suddenly become

00:24:12.000 really expensive, I'm

00:24:13.080 going to have fish five

00:24:14.080 days a week.

00:24:15.600 And so, demand

00:24:17.200 responds to price.

00:24:18.780 The lower price gets,

00:24:19.960 typically, the more

00:24:20.880 demand increases.

00:24:22.600 And if you look at it

00:24:23.900 as an economic and

00:24:24.780 mathematical matter, the

00:24:25.800 price is the intersection

00:24:28.160 between those two lines,

00:24:29.500 between supply and demand.

00:24:30.740 Now, why is Kamala

00:24:33.800 Harris's Soviet price

00:24:35.300 fixing such a bad idea?

00:24:38.060 Because history has told

00:24:40.460 us that government

00:24:41.240 bureaucrats, all

00:24:43.240 government bureaucrats,

00:24:45.040 are absolutely terrible at

00:24:49.020 fixing prices.

00:24:49.820 And there's a reason,

00:24:51.600 frankly, nobody is smart

00:24:53.620 enough to do this right.

00:24:54.880 You're not, I'm not,

00:24:56.060 nobody is.

00:24:56.940 If you look at free

00:24:58.540 enterprise, you look at

00:24:59.460 capitalism, you look at

00:25:00.420 the market, supply and

00:25:02.280 demand are responding to

00:25:03.860 millions of factors

00:25:05.300 simultaneously to set the

00:25:07.780 price, and those prices

00:25:09.920 change the behavior.

00:25:11.960 So, if you're a

00:25:13.660 fisherman and the cost of

00:25:14.800 your inputs go up,

00:25:15.880 suppose you use fishing

00:25:17.580 nets, and the cost of

00:25:19.280 fishing nets go from

00:25:20.920 $10 to $20.

00:25:24.220 That's an input you know,

00:25:25.640 and you're like, okay, I

00:25:26.380 got to buy fishing nets,

00:25:27.380 my nets are more expensive,

00:25:28.820 so I have to raise the

00:25:30.020 price.

00:25:30.740 You respond instantaneously

00:25:32.420 to that.

00:25:32.900 You know what?

00:25:34.280 Nobody in government is

00:25:35.460 smart enough to know that.

00:25:38.360 And Kamala Harris most

00:25:39.500 certainly is not smart

00:25:40.680 enough to know that.

00:25:41.340 So, what happens, what the

00:25:42.380 Soviet Union did all the

00:25:43.280 time, is they would set a

00:25:45.080 price, and usually they'd set

00:25:46.500 it too low, because by

00:25:47.480 the way, government's

00:25:48.600 incentive is always to

00:25:49.420 give away free stuff.

00:25:50.480 So, if a normal free

00:25:51.760 market price for a fish was

00:25:53.420 three bucks, a politician

00:25:55.640 that wants to be popular is

00:25:56.980 going to say, a dollar fish

00:25:58.780 for everyone, look how

00:25:59.740 generous I am.

00:26:00.980 And what will happen is

00:26:02.320 what you started by saying,

00:26:03.780 Ben, in this hypothetical,

00:26:05.620 if it's a dollar fish and

00:26:06.720 you discover you can't

00:26:08.080 afford the cost of your

00:26:09.000 boat, you can't afford to

00:26:10.320 pay your fishermen, you can't

00:26:11.420 afford to buy nets, you

00:26:12.780 know what you're going to do?

00:26:13.600 You're going to go out of

00:26:14.340 business, and the result is

00:26:15.840 no fish.

00:26:17.180 And we saw that in the

00:26:18.180 Soviet Union, in their

00:26:19.600 stores, where people would

00:26:21.200 go and they'd want rice,

00:26:22.400 they'd want food, they'd

00:26:23.260 want beans, they'd want

00:26:24.220 fish, they'd want apples,

00:26:25.440 and it wasn't there because

00:26:27.340 the government set the price

00:26:28.780 so low that it put people

00:26:30.580 out of business.

00:26:31.140 Canadian women are looking

00:26:33.380 for more, more out of

00:26:34.620 themselves, their businesses,

00:26:36.240 their elected leaders, and

00:26:37.480 the world around them.

00:26:38.420 And that's why we're

00:26:39.080 thrilled to introduce the

00:26:40.420 Honest Talk podcast.

00:26:42.140 I'm Jennifer Stewart.

00:26:43.340 And I'm Catherine Clark.

00:26:44.580 And in this podcast, we

00:26:45.860 interview Canada's most

00:26:46.980 inspiring women.

00:26:48.360 Entrepreneurs, artists,

00:26:49.680 athletes, politicians, and

00:26:51.140 newsmakers, all at

00:26:52.300 different stages of their

00:26:53.460 journey.

00:26:54.080 So if you're looking to

00:26:55.280 connect, then we hope

00:26:56.320 you'll join us.

00:26:57.300 Listen to the Honest Talk

00:26:58.160 podcast on iHeartRadio or

00:26:59.900 wherever you listen to

00:27:00.760 your podcasts.

00:27:03.080 The other part that is,

00:27:04.840 and I encourage people,

00:27:06.160 show this to your kids and

00:27:07.760 your grandkids.

00:27:08.980 You can go back and just

00:27:10.800 Google supermarkets in

00:27:12.340 Russia or in the USSR, and

00:27:14.880 you can see extremely long

00:27:16.620 lines and zero selection.

00:27:18.880 You got whatever they had.

00:27:21.100 And food that you and I

00:27:23.600 would never purchase in the

00:27:25.480 United States of America.

00:27:26.520 In fact, it would never be

00:27:27.660 allowed to be sold.

00:27:29.220 In America, with our

00:27:31.920 standards that we have, and

00:27:33.480 that became their normal

00:27:35.420 day-to-day life and

00:27:37.460 reality.

00:27:38.720 That's point number one.

00:27:40.960 But there's also a very

00:27:42.940 interesting part of history

00:27:44.300 here, and it involves, I

00:27:46.160 think in such a cool way,

00:27:47.840 Houston and NASA.

00:27:50.060 With the USSR leader, Yeltsin,

00:27:52.980 coming to America, and he

00:27:56.600 went to NASA, and then he

00:27:58.340 went to a supermarket.

00:27:59.760 It was an unplanned visit to

00:28:02.340 go to this supermarket that

00:28:03.660 was not far from NASA, and he

00:28:06.620 was in total amazement at what

00:28:08.940 he saw.

00:28:09.860 Well, that's exactly right.

00:28:11.640 And so this was, Boris Yeltsin

00:28:13.680 was the president of Russia.

00:28:15.000 It was 1989, and he came to

00:28:16.540 Texas.

00:28:16.820 He came to NASA, and then he

00:28:18.480 stopped by a supermarket.

00:28:20.020 And he was utterly flabbergasted

00:28:23.520 because he looked at the

00:28:24.900 supermarket, and he saw this

00:28:27.220 incredible array of choices.

00:28:30.840 Houston Chronicle reported,

00:28:32.720 Yeltsin, then 58 years old,

00:28:34.480 quote, roamed the aisles of

00:28:36.740 Randalls.

00:28:37.960 Randalls was a popular

00:28:39.280 supermarket chain in Texas and

00:28:41.240 Houston, nodding his head in

00:28:43.660 amazement.

00:28:45.020 He told his fellow Russians and

00:28:46.880 his entourage that if their

00:28:48.140 people, who must often wait in

00:28:50.980 line for most goods, saw the

00:28:53.560 conditions of U.S.

00:28:55.280 supermarkets, quote, there would

00:28:57.660 be a revolution.

00:29:00.540 And he was utterly flabbergasted.

00:29:03.460 He was used to, and so it

00:29:06.480 describes how Yeltsin asked

00:29:08.060 customers about what they were

00:29:09.960 buying and how much it cost.

00:29:12.560 Later asking the store manager if

00:29:14.600 one needed a special education to

00:29:16.720 manage a store.

00:29:18.140 And in the photos in the

00:29:19.240 Houston Chronicle, you can see

00:29:20.540 him marveling at the produce

00:29:21.780 selection, the fresh fish market.

00:29:25.000 We were talking about fish.

00:29:25.960 It was literally the price of

00:29:27.320 fish.

00:29:27.580 He's looking at it going, wow,

00:29:28.880 wait, you've got salmon, you've

00:29:29.820 got tuna, you've got all these

00:29:30.740 different kinds of fish, and the

00:29:32.260 checkout counter.

00:29:32.980 And he looked especially excited

00:29:34.500 about frozen pudding pops.

00:29:38.340 And here's what he says.

00:29:39.780 He says, quote,

00:29:40.480 even the Politburo doesn't have this

00:29:44.960 choice.

00:29:46.140 Not even Mr. Gorbachev.

00:29:49.400 And the fact that there were

00:29:51.720 stores like this on virtually every

00:29:53.880 street corner in America amazed him.

00:29:56.620 They offered him at Randall's, they

00:29:58.300 offered him free cheese samples.

00:29:59.860 And he was shocked.

00:30:04.080 And it played a real role in America

00:30:08.420 winning the Cold War and in convincing

00:30:11.140 him that Soviet-style price controls

00:30:14.580 doesn't work.

00:30:16.620 And here, let me read what Yeltsin wrote

00:30:21.340 in his book that he later wrote.

00:30:23.640 Quote, when I saw those shelves

00:30:26.460 crammed with hundreds, thousands of

00:30:30.060 cans, cartons, and goods of every

00:30:32.440 possible sort, for the first time I

00:30:35.180 felt quite frankly sick with despair

00:30:38.800 for the Soviet people.

00:30:40.480 That such a potentially super rich

00:30:43.360 country as ours had been brought to a

00:30:46.180 state of such poverty, it is terrible

00:30:49.500 to think about it.

00:30:51.200 And yet, that lesson, Kamala Harris

00:30:56.320 hasn't learned, none of her left-wing

00:30:59.580 little Marxists around her have

00:31:02.020 learned, they just want to promise

00:31:04.340 people $1 fish, and if it doesn't work

00:31:08.400 out and suddenly there's no fish, that's

00:31:10.480 not their problem.

00:31:11.220 You know what they'll do?

00:31:12.360 They'll blame the greedy fishermen.

00:31:15.420 Ben, when you shut down your shop

00:31:17.000 because you can't afford to sell $1 fish,

00:31:18.960 they'll say you're a greedy, voracious

00:31:21.740 capitalist, and why are you trying to

00:31:24.260 deny the hungry people their fish?

00:31:26.420 That sadly is the same thing Stalin

00:31:28.200 said, and you know what, if Kamala were

00:31:30.680 Stalin, maybe she'd send you to the

00:31:32.080 gulag.

00:31:32.840 You look at the fact that in 2024, we

00:31:36.320 are here at this point where it just

00:31:38.680 seems that the new strategy of the left,

00:31:40.840 and I keep saying it because I believe

00:31:42.540 it, I think the Democratic Party's dead,

00:31:44.900 I think they're filled with communists and

00:31:46.340 Marxists and socialists masquerading as

00:31:48.060 Democrats, I think that's another data

00:31:49.920 point to that, but when you look at

00:31:52.420 this, it just seems like their new game

00:31:54.800 plan is, okay, if we're down in the

00:31:56.700 polls, we got to buy votes from a

00:32:00.160 sector, how do we do it?

00:32:02.120 Last time it was, all right, we'll just

00:32:04.060 buy votes from people that have student

00:32:05.840 loans, right, and that worked pretty well

00:32:08.260 for them.

00:32:08.900 Yeah, it was successful.

00:32:10.420 They gave away a trillion dollars they

00:32:11.860 didn't have.

00:32:12.360 It was illegal for them to give.

00:32:13.520 They were lying about it, but they were

00:32:15.920 counting on young people being foolish and

00:32:17.980 gullible and believing it, and at least

00:32:20.140 some did.

00:32:20.740 And by the way, they're trying to repeat

00:32:21.840 that same scam again.

00:32:23.000 They're counting on people being even

00:32:24.920 more gullible.

00:32:26.120 You know, as the old saying goes, there's

00:32:28.480 no learning from the second kick of a

00:32:30.160 mule.

00:32:30.600 Joe Biden and Kamala Harris kicked young

00:32:32.700 people once, and they discovered they

00:32:34.540 were lying with the trillion dollar

00:32:35.760 student loan giveaway.

00:32:36.940 They're trying to kick them a second time,

00:32:38.740 and they're hoping young voters are foolish

00:32:41.600 enough to be deceived yet again.

00:32:43.320 And if they do go through with this, I go

00:32:46.120 back to Obamacare, and when it was pretty

00:32:49.540 clear that, you know, they weren't joking

00:32:51.260 when they said, we won't know what's in

00:32:52.440 the bill until we pass the bill, right?

00:32:54.620 And then they did, and then we saw our

00:32:57.120 entire health care system upended

00:32:59.120 overnight.

00:33:00.280 My worry is this could happen that quickly

00:33:02.700 as well, except with even, I think, more

00:33:04.960 catastrophic consequences, because you look

00:33:08.280 at the big grocery stores.

00:33:10.060 They're in business to make money for

00:33:12.880 their shareholders or private equity or

00:33:15.180 families, right?

00:33:16.100 We've already seen the squeezing out of

00:33:18.060 the mom and pop grocery stores because

00:33:19.560 they couldn't compete with the prices of

00:33:21.020 the big dog.

00:33:21.680 So now we have, you know, very few

00:33:24.260 grocers nationwide that have the mass

00:33:27.060 majority of the marketplace.

00:33:28.120 But if Harris gets elected and really

00:33:31.160 implements this idea, you could see these

00:33:34.040 grocery stores being shut down left and

00:33:35.960 right.

00:33:36.360 And by the way, it will not be uniformly

00:33:39.740 distributed.

00:33:40.580 You know who would be hurt the most by

00:33:42.340 Kamala's proposal for price fixing of

00:33:44.320 food?

00:33:45.440 Places where there's already, quote, food

00:33:47.460 deserts and heavy, highly populated

00:33:49.800 minority communities or those that are

00:33:52.160 poor communities as well.

00:33:53.300 My God, Ben, it's almost like you

00:33:54.700 understand basic economics.

00:33:56.380 Yeah.

00:33:57.000 Kamala doesn't know that.

00:33:58.140 Listen, I know Kamala well.

00:33:59.800 I served with her for many years in the

00:34:01.380 Senate.

00:34:02.240 She has no idea.

00:34:03.840 You and I didn't rehearse this.

00:34:04.800 I didn't know, you know, that I just

00:34:06.080 know you're a really bright guy who

00:34:07.780 understands the world.

00:34:08.700 And so I was fairly confident, you know,

00:34:10.200 that she doesn't.

00:34:11.920 If I asked her that same question, she'd

00:34:14.360 like, I don't know.

00:34:15.040 What do you mean?

00:34:16.380 And listen, understand, even with this

00:34:20.240 price fixing, rich people will be by and

00:34:22.760 large are right.

00:34:24.200 Whole foods and fancy neighborhoods will

00:34:26.320 still have really expensive wine and

00:34:28.640 cheese.

00:34:29.360 You may remember when Barack Obama was

00:34:31.340 running for president at one point, he

00:34:32.900 said, have you seen the price of

00:34:34.300 arugula, which which was a fairly

00:34:36.760 amazing level of disconnectedness?

00:34:39.680 All right.

00:34:39.840 I want to I want to test something, Ben.

00:34:41.840 You and I are both guys.

00:34:43.600 I'm going to guess I don't know this, but

00:34:45.200 I'm going to guess you're not a huge

00:34:47.000 grocery shopper in the family.

00:34:49.000 How much is a dozen eggs?

00:34:51.480 You're going to laugh.

00:34:52.540 I'm going to go right now.

00:34:54.000 The ones that have to be, quote,

00:34:55.680 cage free.

00:34:56.480 They're about four bucks at the moment.

00:34:57.820 Three seventy eight.

00:34:59.460 OK, you look that up.

00:35:00.600 You didn't know.

00:35:01.020 No, you know, you're going to laugh.

00:35:02.480 But this is I love to cook.

00:35:03.920 That's my I love to cook.

00:35:05.620 That's why I'd start a barbecue

00:35:07.040 restaurant.

00:35:07.480 So I I actually enjoy going to the

00:35:10.420 grocery store.

00:35:11.560 All right.

00:35:12.080 So that's fascinating.

00:35:13.420 So as I was sitting here, we're getting

00:35:14.760 ready to do this podcast.

00:35:17.400 You may remember George Herbert Walker

00:35:19.160 Bush was famously lambasted because he

00:35:21.100 didn't know how much a gallon of milk was

00:35:22.580 and he was painted as this out of touch

00:35:25.140 wealthy guy.

00:35:25.820 Right before we did started recording

00:35:29.040 this pod, I Googled how much for a

00:35:31.840 dozen eggs.

00:35:32.420 And I think the average price right now

00:35:34.380 is three dollars and eight cents.

00:35:35.680 But I wasn't Googling the cage free

00:35:38.800 organic, you know, brown, funky eggs.

00:35:43.860 I will say as a guy, I this may shock

00:35:47.140 you, but I am not typically the grocery

00:35:49.380 shopper in our family.

00:35:50.360 Um, I will go grocery shopping on

00:35:53.260 occasion, but it's usually because my

00:35:56.240 daughter is cooking a meal and she's

00:35:58.120 like, Dad, will you get me some, uh, pasta

00:36:01.260 and tomatoes and garlic and she'll give me

00:36:04.360 a list and I'll go, I'll go with my list

00:36:06.780 and get it.

00:36:07.780 Um, I do go occasionally get fruit.

00:36:09.280 I like going to the produce thing and

00:36:10.700 getting some nectarines and plums and

00:36:12.820 grapes and cherries.

00:36:13.960 And so I'll just kind of collect that.

00:36:15.360 I bought a dozen eggs a number of times

00:36:18.600 before, but I have no freaking clue how

00:36:20.140 much they are.

00:36:20.680 I mean, I just, I, I don't buy eggs very

00:36:23.460 often.

00:36:23.740 And so it's just not, it's not front of

00:36:27.120 mind to me, but I will say the idea that

00:36:33.920 you can just magically change it.

00:36:35.980 By the way, Joe Biden did the same thing

00:36:39.380 right before the last election on the

00:36:41.360 price of gasoline.

00:36:42.340 So the price of gasoline has risen

00:36:44.300 massively under Joe Biden, Kamala Harris.

00:36:47.800 Now this was an intended effect.

00:36:49.140 They want the price of gasoline higher,

00:36:50.780 but as they get closer to an election,

00:36:52.500 they realize, oh crap, this is a problem

00:36:54.260 because it turns out voters don't like

00:36:57.060 paying more at the pump or paying more

00:36:59.080 at the grocery store.

00:37:00.300 So right before election day, they need

00:37:02.660 a short-term fix.

00:37:03.500 So what Joe Biden did last time, number

00:37:05.000 one, he released a bunch of oil from

00:37:07.040 the strategic petroleum, uh, reserve that

00:37:09.820 is designed to be there for emergencies.

00:37:11.500 And he did that to increase supply impacting

00:37:14.180 price because more supply lowers price.

00:37:17.880 But he also, if you remember, Joe Biden

00:37:21.220 attacked the greedy gas station owners,

00:37:25.880 which is an economic matter is about as

00:37:30.300 ludicrous as anything you could come up

00:37:32.420 with.

00:37:32.540 Look, if you're owning a gas station,

00:37:34.660 most gas station owners are small business

00:37:36.500 owners.

00:37:37.640 They're often, they own maybe one or two

00:37:39.800 gas stations.

00:37:40.760 Many of them in Houston, I suspect across

00:37:43.880 the country, many of them are immigrants.

00:37:46.000 Many of them, you know, this is their

00:37:47.920 business, their family works there.

00:37:49.700 Often their kids are working in the gas

00:37:51.200 station too.

00:37:52.620 They are not price makers.

00:37:55.920 When it comes to gasoline, they are price

00:37:58.160 takers.

00:37:58.700 They don't have sufficient market influence

00:38:02.240 to, to set the price markedly different

00:38:06.220 from what the price is being set by global

00:38:09.220 supply and demand.

00:38:11.080 But yet Joe Biden, and by the way, the

00:38:13.920 useful idiots in the media, he demagogued

00:38:17.240 those mean, greedy capitalists that own

00:38:20.360 gas stations.

00:38:21.440 They're just charging you seven bucks a

00:38:23.640 gallon because they're mean, because they're

00:38:26.720 greedy.

00:38:26.980 And by the way, the premise of this was that

00:38:29.980 during Donald Trump, apparently those

00:38:32.740 capitalists were not greedy.

00:38:34.080 They didn't want money.

00:38:35.380 And it was only when Democrats came to

00:38:37.080 office that they wanted to make a profit.

00:38:38.860 Look, every business owner would love to

00:38:41.120 sell their goods for a higher price, but it

00:38:43.060 is driven by the cost of their inputs and

00:38:45.180 it's driven by demand.

00:38:46.300 Those are the factors they're facing.

00:38:47.780 And what she is doing is the same thing, that

00:38:50.440 when the price of food has skyrocketed because

00:38:53.380 of her policies, she can't take the blame for

00:38:58.220 that.

00:38:58.580 So instead, she says the mean mom and pop that

00:39:03.340 owns the little grocery store, they're just

00:39:06.380 robbing you.

00:39:07.440 So I'm going to order them to stop robbing you.

00:39:10.640 And as you noted, the people who are going to

00:39:13.200 pay the most are people in low income neighborhoods

00:39:16.360 where the stores there are often barely scraping by.

00:39:20.600 And if you force them to sell things at below

00:39:23.780 cost, you're going to drive them out of business

00:39:26.260 and you're going to end up having people having

00:39:28.820 much fewer choices and real shortages and

00:39:34.140 scarcity because when you end up in the scenario

00:39:36.540 where you mandate, let's go back to my fish

00:39:38.840 hypothetical, one dollar fish when the cost of

00:39:41.180 producing a fish is, let's say, two dollars, you

00:39:44.540 end up with no fish because you bankrupt the

00:39:47.160 producers or people decide to do something else.

00:39:49.220 And it's why in the Soviet Union or in

00:39:51.620 Venezuela, look, Venezuela, Venezuela used to be

00:39:54.900 the third wealthiest country in the world per

00:39:58.560 capita.

00:39:59.120 In 1950, the United States was number one.

00:40:01.500 New Zealand was number two.

00:40:03.060 Venezuela was number three.

00:40:05.020 You look at what Maduro has done.

00:40:07.580 You look at what socialism has done.

00:40:09.140 And by the way, Maduro in Venezuela promised we're

00:40:12.000 going to put in place price controls to stop

00:40:13.920 inflation.

00:40:14.340 He had the same proposal Kamala Harris had.

00:40:18.300 Inflation skyrocketed.

00:40:20.200 I think it's something like 1,300 percent in

00:40:22.980 Venezuela.

00:40:23.400 And people are starving now in Venezuela because the

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00:40:29.700 That's how economically illiterate and disastrous her

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00:42:25.800 I want to switch to another topic, Senator, we mentioned earlier.

00:42:28.700 And this is another cautionary tell, a warning, and the border czar

00:42:35.740 doesn't seem to give a crap.

00:42:37.760 A Palestinian on the terror watch list was arrested on the southern U.S.

00:42:43.860 border.

00:42:45.260 That's exactly right.

00:42:46.280 It's an individual named Omar Shahida who is accused of explosives and

00:42:52.200 arms use and was caught in Santa Teresa, New Mexico.

00:42:55.460 Omar Shahida is a Palestinian from Judea and Samaria, and he is on the

00:43:01.160 terror watch list for alleged prior use of explosives and arms.

00:43:06.800 He was arrested, the New York Post reported.

00:43:10.280 And let me read from the memo that has been leaked showing the arrest

00:43:14.640 notification of the suspected Palestinian terrorist.

00:43:18.340 The arrest notification says on August 12, 2024, Border Patrol agents assigned

00:43:23.680 to the Santa Teresa Border Patrol Station, encountered a person with a

00:43:27.620 terror screening data sent record.

00:43:30.160 At approximately 1.10 a.m., agents apprehended a group of seven individuals

00:43:34.520 who illegally entered the United States from Mexico near Santa Teresa, New

00:43:38.600 Mexico.

00:43:39.660 During processing, research revealed that Omar Nawaf Issa Shahida was a possible

00:43:45.860 match to a terror watch list record.

00:43:49.500 Border Patrol agents at the National Targeting Center generated an NTC event.

00:43:53.600 Shahida was confirmed to be a positive match and is watch listed as a Category 15

00:44:01.300 used explosives slash arms.

00:44:07.160 Global APIS revealed that Shahida traveled from Madrid, Spain to Bogota, Colombia on a

00:44:16.340 flight with a connecting flight to Panama City.

00:44:20.320 And that Shahida arrived in San Salvador, El Salvador, on a flight.

00:44:27.420 And Shahida is currently being held.

00:44:30.100 He was encountered as a single adult.

00:44:32.900 Now, this is a pattern.

00:44:35.380 Weeks earlier, three other suspected Palestinian terrorists were caught at the California border.

00:44:41.260 Those and we talked about that, those three on this podcast previously.

00:44:44.840 One of them had a photo on their phone, including pictures of a masked man holding an AK-47

00:44:51.400 rifle.

00:44:53.160 Kamala Harris, the border czar, is responsible for an open border that continues to be a magnet

00:44:59.160 inviting terrorists to come into this country.

00:45:02.780 And in fact, an alert that was issued by the Border Patrol said, quote, individuals inspired

00:45:12.740 by or reacting to the current Israel-Hamas conflict may attempt to travel to or from the

00:45:19.440 area of hostilities in the Middle East via circuitous transit across the southwest border.

00:45:26.800 This is what Kamala Harris's open border is doing to us.

00:45:31.120 You look at this and you put it together with the fact that they say she's not the border czar.

00:45:38.780 And then she says, oh, I'm doing everything I can to protect you at the border.

00:45:44.600 It doesn't match up.

00:45:46.640 It's just lie after lie after lie after lie.

00:45:50.000 And you look at these gang leaders that are arrested.

00:45:53.600 You look at the children that are being assaulted.

00:45:56.020 Unfortunately, now it's on a weekly basis.

00:45:58.040 We also know, and I think we should just remind people, that the system is so broken now that

00:46:04.520 the administration has just been busted handing kids over to non-family members.

00:46:10.560 Okay, non-family members.

00:46:13.100 A lost track within a month, a third of the kids are handed over to their, quote, sponsors,

00:46:18.280 non-family members who are non-family members with no response and no follow-up from the

00:46:23.040 federal government.

00:46:23.600 So in other words, they hand a child over to a non-family member.

00:46:27.000 They call 30 days later to check in.

00:46:29.360 No one answers.

00:46:30.500 No one's talking to them.

00:46:31.540 And they can't find the kid.

00:46:33.000 And that's apparently happening with at least a third of the kids that they're bringing into

00:46:36.760 this country.

00:46:37.620 That is pure evil.

00:46:39.500 It is pure evil.

00:46:40.560 And I'll tell you, the New York Times is even reporting on this.

00:46:44.380 And they're reporting Javier Becerra, who is the Secretary of Health and Human Services.

00:46:49.980 He has no background in health care.

00:46:52.200 He has no background.

00:46:53.140 He's not a physician.

00:46:54.040 He doesn't know anything about health care.

00:46:56.040 But what he is, is a radical left-wing lawyer who was the Attorney General of California.

00:47:00.680 And that's who Joe Biden and Kamala Harris wanted in charge of HHS.

00:47:03.700 And HHS is the one that deals with unaccompanied minors.

00:47:09.860 And we've seen an explosion of unaccompanied minors coming into this country because Joe

00:47:14.080 Biden and Kamala Harris opened up the border.

00:47:16.020 And it ended up with a lot of little boys and a lot of little girls being trafficked in

00:47:20.160 by human traffickers, being abused, many of them physically, many of them sexually.

00:47:23.980 But then when they get here, the Biden administration had a problem.

00:47:30.800 And they had a problem because they wanted to avoid kids in cages.

00:47:35.920 They had made a huge deal of it under Donald Trump.

00:47:38.620 Never mind that the actual cages were built by Barack Obama.

00:47:44.840 But they wanted to avoid the bad optics of having kids in cages under Joe Biden.

00:47:50.900 And so what they did is they began releasing young people and releasing them to adults

00:47:57.880 who couldn't pass basic background checks.

00:48:03.600 And when people in the system said, wait, we don't know who these adults are.

00:48:07.160 We don't know if they're bad people.

00:48:08.360 We don't know if they're looking for kids to work in child labor, enslaved labor.

00:48:12.500 We don't know if they're violent.

00:48:14.260 We don't know if they want to abuse the kids.

00:48:15.860 You know what Javier Becerra said?

00:48:17.340 Shut up and release them faster.

00:48:18.740 And so let me read from the Wall Street Journal.

00:48:21.040 This is an article on July 8th in the Wall Street Journal.

00:48:24.340 In 2021, when the new Biden administration was struggling to cope with a sudden influx

00:48:28.160 of unaccompanied migrant children at the U.S.-Mexico border,

00:48:31.860 the government repeatedly overrode the concerns of lower level workers who warned

00:48:36.620 about placing them in certain households.

00:48:39.100 Documents and interviews show, quote,

00:48:41.420 It does not appear safe for the minor to be released to a home environment that was not fully assessed.

00:48:46.480 A caseworker wrote about a child slated to live in a hostel-like home in Florida with at least three adults.

00:48:54.060 A few days later, an official dismissed the recommendation to reject the proposed guardian,

00:48:59.880 according to internal government memos.

00:49:01.880 At another facility in Pomona, California, about 30 miles east of Los Angeles,

00:49:07.620 more than 100 children that summer were sent to temporary guardians

00:49:13.420 who were issued denials early in the process by case coordinators,

00:49:17.740 according to a review of internal government data that tracks unaccompanied children,

00:49:21.940 emails and other communications, and interviews with caseworkers.

00:49:25.200 About two dozen more denials were overturned because of clerical errors

00:49:30.860 or issues such as missing fingerprints that were resolved, records show.

00:49:35.140 But many of the others were approved with scant details explaining why.

00:49:41.680 And stunningly, the Wall Street Journal couldn't determine

00:49:44.940 what happened to the children after they left the facility.

00:49:50.560 Joe Biden and Kamala Harris have lost over 80,000 children

00:49:57.880 that came as unaccompanied minors to this country.

00:50:00.900 They don't know where they are.

00:50:01.960 They don't know who has them.

00:50:03.040 They don't know what has happened to the kids.

00:50:05.740 And you know what?

00:50:07.200 Kamala Harris has zero interest in finding the answer to that.

00:50:10.980 She will never talk about it.

00:50:12.220 Mind you, she was the border czar.

00:50:14.180 She still is.

00:50:15.120 And yet losing 80,000 children apparently doesn't concern her at all.

00:50:20.900 Yeah, and there doesn't seem to be accountability for this either.

00:50:24.020 Is there anything that Congress can do now knowing what we just learned in that report?

00:50:29.800 There's a lot Congress can do.

00:50:31.660 But in the Senate, the Senate will do none of it.

00:50:34.400 And the reason is the Democrats who are in the majority of the Senate do not care.

00:50:39.060 I've raised this issue repeatedly in the Judiciary Committee.

00:50:42.140 You know what?

00:50:42.700 But Democrats in charge of Judiciary, we have not had a single hearing in four years

00:50:47.940 on the crisis at our southern border.

00:50:49.940 We've had multiple hearings on the Democrats' desire to grant amnesty to illegal aliens.

00:50:54.840 We have not had a hearing in Judiciary on the 80,000 kids that Joe Biden and Kamala Harris has lost

00:51:01.560 because the Democrats want to cover it up.

00:51:04.200 And listen, we know that some significant number of those individuals are in child labor work sites,

00:51:14.440 are being abused, are being physically abused, are being sexually abused.

00:51:20.440 If you look, for example, I'm going to go back to the Wall Street Journal article that says,

00:51:24.940 following an internal investigation, the inspector general for the U.S. Department of Health and Human Services,

00:51:29.720 which oversaw a network of shelters caring for unaccompanied minors,

00:51:33.840 found gaps in the process to screen temporary guardians.

00:51:37.000 It's it's said in February that 16 percent, 16 percent of records for children who were released to sponsors in March and April 2021

00:51:46.660 lacked evidence that a required safety check was conducted.

00:51:51.180 Quote, although well-intentioned, these sites were unregulated and unsafe,

00:51:57.760 said Neha Desai, the senior director of immigration at the National Center for Youth Law.

00:52:03.180 There was enormous pressure placed on the sites to rapidly release children from custody.

00:52:09.120 And the Biden-Harris administration pressed them to release at these emergency shelters.

00:52:15.120 Caseworkers were told to discharge children within 10 to 14 days.

00:52:21.080 And so they released kids without knowing if the people they were giving them to were dangerous,

00:52:27.560 without knowing what was happening.

00:52:29.380 And yet, tragically, the result is many kids suffered horrific mistreatment.

00:52:38.220 It is an election year issue.

00:52:40.880 And this is what I hope the Trump administration, the Trump team, I should say, is going to do,

00:52:45.680 is to lay out much of what we have laid out here for the American people to hear,

00:52:50.140 because it is such shocking news.

00:52:52.400 When you listen to the reports, and this is reports from our own government that are stating this,

00:52:57.140 people are losing their jobs because they're trying to protect the kids.

00:53:01.140 And they said, if you don't move them through the system fast enough for us,

00:53:05.660 then you can find another job.

00:53:07.840 You're done here.

00:53:08.680 I'll find someone else to do it.

00:53:09.440 It is politics over people.

00:53:11.280 And that is the consistent pattern of Joe Biden and Kamala Harris.

00:53:15.120 It's always, always, always politics.

00:53:17.140 And if people have to die, if women have to be sexually assaulted,

00:53:21.460 if children have to be brutalized, they're willing to look the other way

00:53:25.260 if they believe there's a political benefit for the Democrats.

00:53:28.140 Don't forget, we do this show Monday, Wednesday, and Friday.

00:53:31.140 We do a week-in review of what you may have missed during the week on Saturdays as well.

00:53:35.740 So make sure you hit that subscribe or auto-download button.

00:53:38.940 And in those in-between days, grab my podcast, the Ben Ferguson Podcast.

00:53:42.840 I'll keep you up to date on the latest breaking news.

00:53:44.620 The senator and I will see you back here Saturday morning for the week in review.

00:53:50.280 This is an iHeart Podcast.

00:53:53.160 Guaranteed human.

Verdict with Ted Cruz - August 16, 2024

Comrade Kamala Proposes She Be in Charge of Price Fixing for Food plus Open Borders Attract Terrorists & Endanger Children

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