Verdict with Ted Cruz - March 04, 2024


Illinois Judge Throws Trump OFF THE BALLOT, Just Hours Before Supreme Court Ruling, plus BlackRock ADMITS that ESG is Costing It Billions & Hunter Admits That He Got Millions from China


Episode Stats

Length

44 minutes

Words per Minute

158.97531

Word Count

7,116

Sentence Count

330

Misogynist Sentences

12

Hate Speech Sentences

15


Summary


Transcript

00:00:00.000 This is an iHeart Podcast.
00:00:02.620 Guaranteed human.
00:00:05.480 Welcome. It is Verdict with Senator Ted Cruz, Ben Ferguson with you.
00:00:09.060 And Senator, today could be a very big day when it comes to news coming from the Supreme Court.
00:00:14.220 Well, that's exactly right.
00:00:15.460 Later this morning, the Supreme Court is expected to hand down its decision in the Colorado decision.
00:00:20.720 The Colorado Supreme Court had thrown President Trump off of the ballot.
00:00:25.020 And of course, Maine had done so as well.
00:00:27.680 And just last week, Illinois jumped into the mix.
00:00:30.860 We'll discuss all of that and explain what to expect.
00:00:33.480 Beyond that, BlackRock, the massive, massive financial company that really has been one of the critical, if not the critical driver of ESG, the environmental and social justice movement,
00:00:48.080 just made a filing with the SEC where they admitted that this has been an economic disaster, that they're losing billions.
00:00:55.760 We'll get into that as well.
00:00:57.040 And then finally, we're going to get into some of the really major testimony that the Biden family has been been giving in Congress behind closed doors.
00:01:07.080 Both Hunter Biden and James Biden, Joe's brother, have admitted that multiple things Joe said were just flat out lies.
00:01:15.420 We'll get into all of that in today's verdict.
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00:03:06.660 Senator, this is a huge day when it comes to Supreme Court.
00:03:10.040 You mentioned at the beginning, we're expecting this ruling to come down.
00:03:14.880 And this also will put into perspective the absurdity of this new judge that inserted herself in Colorado.
00:03:23.100 In essence, taking Trump off the ballot, yes, again or yet again, or at least trying to.
00:03:27.900 Well, that's exactly right.
00:03:29.960 And let me tell you why we're expecting the Supreme Court decision today.
00:03:34.620 Yesterday, on Sunday, the court put online a statement that at least one opinion would be handed down today.
00:03:45.360 And that happens at 10 a.m.
00:03:47.680 The Supreme Court typically hands down its opinions at 10 a.m.
00:03:50.600 And the court also put online, quote, the court will not take the bench.
00:03:55.780 Now, that's a very unusual public statement.
00:03:58.800 I can't recall the court ever doing so.
00:04:01.560 Typically, when the court decides decisions, it will come in usually at 10 a.m.
00:04:05.980 on argument hand down days.
00:04:08.040 And you know when they are.
00:04:08.860 They put out a calendar.
00:04:10.120 We're going to hand down an opinion on this day.
00:04:12.500 They don't tell you what opinion it's going to be, but they tell you that opinion is coming down.
00:04:16.260 Well, they did that on Sunday.
00:04:17.480 They added a brand-new argument hand down day, and it is today, Monday.
00:04:23.280 And the justices had not been scheduled to come back to the courtroom until March 15th.
00:04:29.400 And so this statement is unusual, and the timing of it is tomorrow is Super Tuesday.
00:04:38.840 Tomorrow is when Colorado is voting.
00:04:43.840 And so I think there is a high likelihood that the justices made the decision we need to hand this opinion down before Colorado Election Day to resolve it.
00:04:53.580 And so I think by 10 a.m. today, we will have the opinion.
00:04:57.120 If we have the opinion on the next verdict, Ben and I will get into it, and we will discuss exactly what is coming.
00:05:03.800 I will remind everyone that when Colorado issued its decision, the Colorado Supreme Court had divided 4-3 decision.
00:05:10.600 My immediate reaction then is this opinion is dramatically wrong.
00:05:16.340 It is a usurpation of democracy, and it will be reversed.
00:05:20.640 It will be reversed by the Supreme Court.
00:05:22.300 And I said that very next day, not only will it be reversed, but I think there's a very real likelihood that the decision will be unanimous.
00:05:29.700 Now, hopefully, the next podcast we do, we'll know whether or not that that proved true.
00:05:34.980 I hope it is unanimous.
00:05:36.440 I think it being unanimous would be really good for the country, really good for the court.
00:05:42.020 But we'll find out.
00:05:43.720 I am 100 percent certain that Colorado will be reversed.
00:05:49.180 Now, what happened with Illinois?
00:05:52.420 Illinois was one individual district judge in Illinois.
00:05:57.940 Illinois, and if you look – and actually, we had Colorado Supreme Court, and then shortly thereafter that, you had the Maine Secretary of State.
00:06:06.480 So Maine was the second state to order Trump off the ballot, and then Illinois just became the third.
00:06:12.320 And it was one judge, a judge named Tracy Porter, of the State Circuit Court in Cook County.
00:06:19.160 And she issued a ruling that said the State Board of Elections, quote, shall remove Donald J. Trump from the ballot for the general primary election on March 19, 2024, or cause any votes cast for him to be suppressed.
00:06:36.120 Ben, this collective effort, Colorado, Maine, Illinois, added to the state.
00:07:06.100 The Department of Justice, relentless persecution of Trump, added to Georgia and New York state courts, relentless persecution of Trump.
00:07:17.100 All of this is, in total, the greatest assault on democracy in the history of our country.
00:07:24.280 I do not believe that is hyperbole, because what they are trying to do is tell the American people,
00:07:31.800 we will not let you vote for the candidate you want to vote for for president, even though right now he's likely to win.
00:07:39.320 Again, we hate him so much, we are ordering, as the judge in Illinois said, quote, any votes cast for him to be suppressed.
00:07:48.960 You have this idea of copycats, and I think it's pretty clear that whether it's activist DAs,
00:07:55.600 it was like once Donald Trump, for example, got got, you know, taken to court, it emboldened copycats to come forward.
00:08:02.780 Fannie Willis' and others to jump all in, in New York City, to jump all in there, and to go after Trump and find ways to do it.
00:08:11.500 But there also seems to be, and this is really concerning to me, Senator, the copycats that happened with Colorado,
00:08:17.660 and then you mentioned the other states.
00:08:19.480 As a country, are we, and specifically as conservatives, and I'm guilty of this, I think most people listening are probably going to agree,
00:08:29.320 you don't pay a lot of attention to who's running for judge.
00:08:34.960 You may pay more attention based on crime in your area to DAs and things like that,
00:08:39.820 but a lot of times most people don't know who their judges are.
00:08:43.380 Are we way more vulnerable than we realized with activist judges?
00:08:49.740 I mean, you look at this judge in Illinois, I mean, this is a judge that if you look at the background,
00:08:53.400 we're talking about someone that's basically a traffic court judge.
00:08:57.040 How does a judge in that position have enough power to take a presidential candidate off the ballot,
00:09:03.700 and do we need to wake up as conservatives and say, okay, it is time for us to get hyper-focused on picking good judges again?
00:09:11.100 Well, there's no doubt judges have enormous power, and judges, any judge, can issue any order he or she likes.
00:09:20.420 Now, whether it is enforced depends on a number of things.
00:09:24.780 One is simply whether the executive branches will comply.
00:09:29.380 You know, there was a famous early battle with the Supreme Court in 1832,
00:09:34.340 where John Marshall was the chief justice of the Supreme Court,
00:09:37.700 and he authored an opinion for the Supreme Court concerning Indian tribes that Andrew Jackson didn't like.
00:09:44.580 And Jackson is widely quoted as saying,
00:09:47.820 John Marshall has made his decision.
00:09:50.500 Now let him enforce it.
00:09:52.820 Now, whether he actually said that or not, it may be apocryphal.
00:09:55.700 It's believed that the actual words that he said to Brigadier General John Coffey were,
00:10:03.140 the decision of the Supreme Court has fell stillborn,
00:10:06.620 and they find that it cannot coerce Georgia to yield to its mandate.
00:10:12.820 So that's, whichever way it was, the principle, if a decision is so wildly out of touch,
00:10:19.060 people are not going to comply, that is a reality.
00:10:23.840 But beyond that, just within the judicial system,
00:10:26.740 there's the simple reality that decisions that are lawless
00:10:30.400 will not be carried out because if the appellate system operates,
00:10:37.160 they will be stopped and they will be forced to comply with the rule of law.
00:10:40.240 And so what will happen here,
00:10:43.720 if we are right, that later today the Supreme Court will reverse the Colorado Supreme Court decision
00:10:51.180 and will make clear that Colorado courts cannot throw Donald Trump off the ballot
00:10:57.180 because individual judges or justices or courts or individual Democrat state officials
00:11:03.240 conclude that they think January 6th was an insurrection
00:11:06.360 and they think under the 14th Amendment that means Trump can't appear on the ballot,
00:11:11.180 once that order is issued, Maine and Illinois will resolve themselves.
00:11:17.120 In Maine, either the Secretary of State will reverse her decision
00:11:21.240 or the courts will order her to do so.
00:11:24.260 In Chicago, either the judge will reverse her decision
00:11:27.260 or other courts, either the appellate courts in Chicago
00:11:32.100 or ultimately federal courts, will order her to do so
00:11:36.240 or order the Board of Elections not to comply with the order.
00:11:41.400 But let me pause for a second.
00:11:42.700 You know, you said we should focus more on who judges are.
00:11:45.960 It's worth spending a little bit of time examining who this judge is.
00:11:53.180 Who is Tracy Porter?
00:11:55.040 Now, Tracy Porter is a native of Chicago's South Side
00:11:59.420 and she went to Cornell College and then got her law degree at Drake University.
00:12:06.460 She spent four years as a litigation attorney
00:12:10.100 in the office of the solicitor in the U.S. Department of Labor in the 1990s.
00:12:15.400 And then she worked as a lawyer in private practice and in law school.
00:12:20.460 And then in 2021, she was appointed to a traffic court position.
00:12:27.100 That was three years ago.
00:12:28.840 She was resolving traffic tickets.
00:12:31.700 And then in 2022, she won an election for a full term as a judge
00:12:38.680 of the Cook County Circuit Court.
00:12:40.840 So she's a brand new judge.
00:12:43.060 She was a traffic court judge.
00:12:44.980 She just was elected to the Cook County Circuit Court.
00:12:48.380 And, you know, one of the things that she said, her quote,
00:12:52.480 when she was appointed in 2021, here's a quote from Judge Porter, quote,
00:12:57.180 my motto is impacting lives and changing communities.
00:13:03.120 And that is how I will approach this new position.
00:13:05.900 Understand what she's not talking about, following the law.
00:13:10.900 Like the rule of law is nowhere to be found.
00:13:13.940 This is a Democrat partisan activist.
00:13:18.780 And she, I have no doubt, was thrilled,
00:13:24.540 thrilled to have an opportunity to strike back at Donald Trump.
00:13:29.280 And, you know, it reminds me of,
00:13:31.040 do you remember the foreman of the Fulton County, Georgia grand jury
00:13:36.880 that indicted Donald Trump?
00:13:40.320 Oh, yeah.
00:13:41.060 And it was this young woman who went on a media tour afterwards,
00:13:45.220 one of the most disastrous media tours,
00:13:47.900 in fact, the only media tour I could ever recall,
00:13:50.380 a grand jury foreman going on,
00:13:53.760 where she said, you know, something to the effect of,
00:13:56.420 well, just the opportunity to, like, ask questions to Donald Trump.
00:13:59.280 Wow, that was just great.
00:14:00.360 Just to swear him in, remember?
00:14:02.100 Yes.
00:14:02.220 She was, like, fantasizing over the idea of getting to say,
00:14:05.020 you know, do you solemnly swear?
00:14:06.600 I mean, it was the craziest exit interview ever,
00:14:09.200 but it also showed how embarrassing it was,
00:14:12.280 even the indictment of Trump.
00:14:14.240 Well, and I think that's exactly who Tracy Porter is,
00:14:18.820 an angry left-wing partisan
00:14:20.820 who, fresh off of traffic court,
00:14:24.780 says, I have the power to order Trump off the ballot in Illinois.
00:14:31.640 And the good news is this decision will be reversed,
00:14:35.720 and I think it will be reversed very, very quickly.
00:14:38.420 As soon as the Supreme Court decides,
00:14:40.720 both Maine and Illinois will resolve themselves as well.
00:14:44.020 Final question on this.
00:14:45.320 There used to be a fear that you could be rebuked
00:14:48.240 if you went outside the law too much,
00:14:50.080 if you're a lawyer and you kind of went rogue.
00:14:53.540 Judges were held to this higher standard.
00:14:55.600 Is that, in essence, gone now in our society?
00:14:58.260 It seems like it if you look at this last year.
00:15:00.720 Oh, look, this judge, Tracy Porter,
00:15:03.980 she'll be a hero in Democratic circles.
00:15:08.040 She'll go, she will be introduced
00:15:09.860 as the judge who ordered Donald Trump off the ballot,
00:15:13.040 and Democrats will cheer.
00:15:14.320 Yay!
00:15:15.680 Look, she's, according to the Cook County Democratic Party,
00:15:20.020 she's written law review articles
00:15:22.000 on the, quote, school-to-prison pipeline.
00:15:25.520 In other words, she's there to let people out of jail
00:15:29.680 and, in particular, to not enforce the law in schools,
00:15:33.640 so to allow violent criminals to commit crimes in schools.
00:15:37.400 She's also written law review articles
00:15:40.680 on voter rights and mortgage short sales.
00:15:43.740 Well, voter rights, apparently the voters have no rights
00:15:46.260 because she just issued an order on its face
00:15:48.880 engaging in voter suppression.
00:15:51.780 And she has also, her professional associations
00:15:54.480 include the Chicago Bar Association,
00:15:57.120 the American Bar Association,
00:15:58.520 and the Black Woman Lawyers Association of Greater Chicago,
00:16:01.300 where she was a former member of the Board of Directors.
00:16:05.140 When she goes to Chicago lawyers' gatherings,
00:16:10.880 the angry partisan Democrats
00:16:14.280 will cheer her voter suppression
00:16:17.520 because they have convinced themselves
00:16:21.260 that, number one, the judiciary is just a means
00:16:25.940 of imposing their policy and exercising power.
00:16:30.720 But, number two, they've convinced themselves
00:16:33.100 that Donald Trump is the devil,
00:16:34.620 and so everything, everything, everything
00:16:36.460 is justified fighting back.
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00:19:01.480 Senator, I want to move to this other issue,
00:19:03.260 and you mentioned this earlier.
00:19:05.240 Some people may not exactly know what ESG stands for,
00:19:08.860 but it is a radical agenda
00:19:11.380 that was put together
00:19:12.820 by a lot of companies
00:19:15.280 that said,
00:19:16.140 we're going to change the way that we do things
00:19:19.180 in the name of basically climate
00:19:21.300 and how we invest in the name of climate.
00:19:23.880 BlackRock is a multi-billion dollar investment firm,
00:19:30.380 and they're now admitting
00:19:31.860 that their agenda,
00:19:33.740 which ESG,
00:19:35.460 has not just been a little failure,
00:19:37.560 it has been a massive failure
00:19:39.000 that has cost them insane amounts of money,
00:19:41.680 and they're not the only ones.
00:19:43.600 Well, that's exactly right,
00:19:45.440 and let me say,
00:19:47.460 this is a topic that I discussed
00:19:48.960 at great length
00:19:50.000 in my latest book.
00:19:51.560 My latest book,
00:19:52.540 as long-time VERDICT listeners will know,
00:19:54.720 is called
00:19:55.380 Unwoke,
00:19:56.800 How to Defeat Cultural Marxism in America.
00:19:59.920 And if you haven't read the book,
00:20:01.440 I'd encourage you to go online
00:20:02.720 and buy the book
00:20:03.800 because there's an entire chapter
00:20:05.260 on how big business went woke.
00:20:09.000 And, you know,
00:20:09.900 if you wake up and wonder,
00:20:12.660 what the hell happened
00:20:13.680 that Bud Light has suddenly decided
00:20:15.780 it hates its customers?
00:20:17.300 What the hell happened
00:20:18.380 that Target stores
00:20:20.320 are trying to advertise
00:20:22.460 to two-year-olds
00:20:23.700 tuck-friendly bathing suits?
00:20:25.440 What the hell happened
00:20:26.920 that Disney thinks
00:20:28.840 that princesses should have mustaches?
00:20:30.720 Well, all of these
00:20:32.080 are interrelated,
00:20:33.360 and they are,
00:20:34.480 in significant part,
00:20:35.740 driven by the ESG movement.
00:20:38.100 The ESG movement
00:20:39.540 is environmental,
00:20:41.020 social, and governance,
00:20:42.240 and it was a bunch
00:20:43.520 of left-wing activists
00:20:44.640 that decided to use money
00:20:46.900 to enforce
00:20:48.140 their left-wing objective.
00:20:49.800 We just talked about
00:20:50.800 left-wing activists
00:20:52.200 on the courts
00:20:52.920 using the courts
00:20:53.720 to enforce their objective.
00:20:55.680 What the book
00:20:56.300 Unwoke talks about
00:20:57.480 is how the left
00:20:58.340 has seized
00:20:59.020 every major institution
00:21:00.520 of our society
00:21:01.560 and is using them
00:21:03.120 to force
00:21:03.780 a cultural Marxist agenda.
00:21:06.540 When it comes to ESG,
00:21:08.160 BlackRock is the most
00:21:09.640 important player
00:21:10.460 in the world.
00:21:11.060 Now, who is BlackRock?
00:21:12.060 You know, most people,
00:21:12.880 if you're living your life,
00:21:13.620 you may not know
00:21:15.140 who BlackRock is,
00:21:16.340 or at least
00:21:17.100 you may have
00:21:17.580 some general sense
00:21:18.480 they're some big company,
00:21:19.500 but you may not know
00:21:20.040 exactly what they do.
00:21:21.860 BlackRock is the world's
00:21:23.980 largest asset manager.
00:21:27.180 BlackRock has
00:21:28.200 $10 trillion
00:21:30.340 in assets
00:21:32.060 under management.
00:21:33.540 $10 trillion.
00:21:34.800 It's interesting.
00:21:35.380 You said they're
00:21:35.920 a multi-billion dollar company?
00:21:37.700 Yeah, I said it wrong.
00:21:38.280 Actually, no, they're not.
00:21:39.080 Trillions.
00:21:40.120 And to put that
00:21:41.060 in perspective,
00:21:41.960 $10 trillion,
00:21:42.760 that is nearly
00:21:44.100 a third
00:21:44.680 of the entire
00:21:46.520 U.S. national debt.
00:21:48.900 That is a crap ton
00:21:50.860 of money.
00:21:52.080 And crap ton
00:21:52.640 is a technical term
00:21:53.780 used with investment.
00:21:56.000 By the way,
00:21:57.200 BlackRock is part
00:21:58.520 of what is called
00:21:59.800 the big three
00:22:00.880 of the index fund managers.
00:22:02.480 The other two
00:22:03.200 are the Vanguard Group
00:22:04.640 and State Street.
00:22:05.880 And in the book
00:22:06.560 Unwoke,
00:22:07.040 I talk about all three
00:22:08.260 because with the trillions
00:22:10.340 of dollars they control,
00:22:11.960 they have begun
00:22:14.060 voting their shares
00:22:15.460 so they invest
00:22:16.380 in companies.
00:22:17.180 And let's say,
00:22:18.280 you know,
00:22:18.500 Ben, do you own
00:22:19.020 any mutual funds?
00:22:20.380 I do, yes.
00:22:21.140 Yeah, so do I.
00:22:22.100 Most people do.
00:22:23.100 Many people own
00:22:23.780 mutual funds.
00:22:24.740 Well, if you buy
00:22:25.240 a mutual fund,
00:22:26.120 what BlackRock
00:22:27.120 and State Street
00:22:27.820 and Vanguard
00:22:28.240 have started doing
00:22:29.160 is they put
00:22:30.960 these mutual funds
00:22:31.740 together.
00:22:32.600 The mutual fund
00:22:33.680 then goes and buys
00:22:34.800 a ton of shares
00:22:35.700 in all sorts
00:22:36.340 of companies.
00:22:36.860 and they've decided
00:22:39.880 that they are voting
00:22:41.020 essentially your shares
00:22:42.680 in support of their politics.
00:22:45.540 It used to be
00:22:46.220 that mutual funds
00:22:47.040 didn't vote
00:22:47.740 on political issues
00:22:48.980 and these giant index funds
00:22:52.120 said,
00:22:52.420 wait a second,
00:22:53.000 we are the biggest
00:22:54.040 stockholders
00:22:55.140 in virtually every
00:22:56.920 major American company.
00:22:58.580 If we vote
00:22:59.720 as radical leftists,
00:23:00.920 the companies
00:23:01.380 will have to obey us.
00:23:02.540 Now, the leader
00:23:03.140 of all of this
00:23:03.900 is a guy
00:23:05.140 named Larry Fink.
00:23:05.880 Larry Fink is the CEO
00:23:07.100 of BlackRock
00:23:07.780 and he's been driving this
00:23:09.780 and just a few years ago
00:23:11.060 he proudly would
00:23:12.420 preen about ESG
00:23:15.000 and how he was going
00:23:15.700 to force the world
00:23:16.880 to change.
00:23:18.460 Well, just recently
00:23:20.300 BlackRock had a filing
00:23:22.380 with the SEC,
00:23:23.540 the Securities
00:23:23.960 and Exchange Commission
00:23:24.900 and BlackRock's filing,
00:23:27.020 this is reminiscent,
00:23:27.860 we did a podcast
00:23:28.520 several months ago
00:23:29.500 about how Disney
00:23:31.160 had a filing
00:23:32.420 at the SEC
00:23:33.100 where Disney
00:23:34.740 acknowledged
00:23:36.000 to shareholders
00:23:36.820 our radical politics
00:23:39.500 are costing us
00:23:41.560 billions of dollars
00:23:42.380 and Disney's
00:23:43.860 disclosure said
00:23:45.440 our political agenda
00:23:46.760 is out of step
00:23:47.560 with our customers,
00:23:48.960 it is causing
00:23:49.580 our customers
00:23:50.160 not to want to buy
00:23:51.040 our product
00:23:51.620 and we are losing
00:23:52.900 a ton of money
00:23:53.560 and we did a whole podcast
00:23:54.980 talking about
00:23:55.620 what a remarkable
00:23:56.600 disclaimer to the shareholders,
00:23:59.180 hey shareholder,
00:24:00.120 we don't give a damn
00:24:00.780 about shareholder value,
00:24:02.200 our politics
00:24:02.940 is all we care about
00:24:03.920 and so we're losing
00:24:04.660 you money.
00:24:05.740 Well, what's interesting,
00:24:06.800 BlackRock just did
00:24:07.900 essentially the same thing,
00:24:09.540 let me quote
00:24:10.100 from what BlackRock
00:24:11.060 filed at the SEC,
00:24:12.760 quote,
00:24:13.860 BlackRock faces
00:24:14.880 increasing focus
00:24:15.960 from regulators,
00:24:17.760 officials,
00:24:19.000 clients,
00:24:19.880 and other stakeholders
00:24:21.080 regarding ESG matters
00:24:22.760 and the company said
00:24:26.560 in its filing
00:24:27.620 that it is,
00:24:28.160 quote,
00:24:29.020 subject to competing demands
00:24:30.920 from different
00:24:32.300 stakeholder groups
00:24:33.500 with divergent views
00:24:35.440 on ESG-related matters,
00:24:37.880 including in countries
00:24:39.200 in which BlackRock
00:24:40.300 operates and invests
00:24:42.140 as well as in states
00:24:44.160 and localities
00:24:45.400 where BlackRock
00:24:46.820 serves public sector clients.
00:24:49.220 This is a big,
00:24:50.940 big deal.
00:24:52.940 Canadian women
00:24:53.760 are looking for more,
00:24:55.080 more out of themselves,
00:24:56.160 their businesses,
00:24:57.100 their elected leaders,
00:24:57.880 and the world around them.
00:24:59.280 And that's why we're thrilled
00:25:00.240 to introduce
00:25:00.880 the Honest Talk podcast.
00:25:02.980 I'm Jennifer Stewart.
00:25:04.180 And I'm Catherine Clark.
00:25:05.420 And in this podcast,
00:25:06.540 we interview Canada's
00:25:07.520 most inspiring women,
00:25:09.020 entrepreneurs,
00:25:09.860 artists,
00:25:10.520 athletes,
00:25:11.140 politicians,
00:25:11.800 and newsmakers,
00:25:12.720 all at different stages
00:25:13.760 of their journey.
00:25:14.900 So if you're looking
00:25:15.940 to connect,
00:25:16.720 then we hope you'll join us.
00:25:18.140 Listen to the Honest Talk podcast
00:25:19.520 on iHeartRadio
00:25:20.520 or wherever you listen
00:25:21.500 to your podcasts.
00:25:23.900 When you talk about
00:25:25.540 this activism,
00:25:26.460 you're supposed to have,
00:25:28.020 I guess,
00:25:28.500 a fiduciary duty
00:25:29.740 to your shareholders,
00:25:31.280 right,
00:25:31.660 to do what's best for them.
00:25:34.180 It seems like this one
00:25:35.340 outside the scope of that as well,
00:25:36.700 which is part of the controversy,
00:25:38.000 that you're basically saying,
00:25:38.660 hey,
00:25:38.820 I may not be doing
00:25:40.200 what's best to protect your money.
00:25:42.000 I'm pushing an agenda here.
00:25:44.500 That is not how it's supposed
00:25:46.240 to work when you're investing.
00:25:48.060 Well,
00:25:48.540 that's right.
00:25:49.060 And it's interesting,
00:25:49.860 their reference
00:25:50.420 to other stakeholders.
00:25:51.860 Look,
00:25:52.620 the stakeholder
00:25:53.620 is supposed to be
00:25:54.600 the shareholder.
00:25:55.920 And you're supposed
00:25:56.980 to have an obligation
00:25:57.940 under the law
00:25:58.760 to maximize shareholder value.
00:26:01.960 And the other stakeholders,
00:26:03.280 what they mean is,
00:26:04.300 oh,
00:26:04.600 our political objectives,
00:26:06.200 that we're going
00:26:07.200 to violate the law,
00:26:08.100 we're going to violate
00:26:08.680 our fiduciary duty.
00:26:10.560 And listen,
00:26:11.780 all right,
00:26:12.060 so listen to this clip.
00:26:14.460 This is BlackRock CEO
00:26:15.900 Larry Fink,
00:26:16.600 where he says that ESG,
00:26:19.520 he admits ESG
00:26:20.540 is driving energy prices higher.
00:26:22.140 And he says,
00:26:22.520 that's actually a good thing
00:26:23.640 because it shrinks
00:26:25.700 the quote,
00:26:26.340 green premium.
00:26:27.360 Here,
00:26:27.520 give a listen.
00:26:28.880 Because of the rising
00:26:29.940 energy prices,
00:26:30.640 we are certainly seeing
00:26:31.840 the green premium
00:26:32.960 shrink quite considerably.
00:26:35.960 And so the amount
00:26:37.120 of investment dollars
00:26:38.200 that are going
00:26:38.740 into new decarbonization
00:26:40.060 technology is accelerating
00:26:41.520 and accelerating
00:26:42.620 very rapidly.
00:26:43.800 So,
00:26:44.640 he's quite happy
00:26:45.820 when you fill up
00:26:47.320 your tank
00:26:47.960 and it pisses you off
00:26:50.600 that it's $100
00:26:51.860 to fill up
00:26:52.800 your truck
00:26:53.520 or your minivan,
00:26:54.740 you know what?
00:26:57.200 BlackRock,
00:26:57.880 you may not know
00:26:58.920 Larry Fink's name,
00:27:00.340 but he played
00:27:01.140 a pivotal role in it.
00:27:02.640 And listen here,
00:27:03.660 again,
00:27:03.980 in 2022,
00:27:05.240 where he says ESG
00:27:06.760 is all about
00:27:07.840 enabling him
00:27:09.020 to, quote,
00:27:09.640 force behaviors.
00:27:11.380 Give a listen.
00:27:12.540 Well,
00:27:12.720 behaviors are going
00:27:13.280 to have to change.
00:27:14.020 And this is one thing
00:27:14.720 we're asking companies
00:27:15.800 is you have
00:27:17.820 to force behaviors.
00:27:19.440 And at BlackRock,
00:27:20.320 we are forcing behaviors.
00:27:22.380 I mean,
00:27:22.620 we are forcing behaviors.
00:27:24.020 This is the mentality
00:27:25.060 of we're too big
00:27:26.680 to fail.
00:27:27.480 We have so much money
00:27:28.800 we can dictate.
00:27:30.220 And you're just lucky
00:27:31.440 that you have your cash
00:27:32.640 basically with BlackRock.
00:27:34.420 So, therefore,
00:27:34.860 we get to do
00:27:35.720 these things.
00:27:36.720 And understand,
00:27:37.680 these bastards
00:27:38.320 are flying giant,
00:27:39.540 giant private jets.
00:27:41.180 Larry Fink's
00:27:41.860 carbon footprint
00:27:42.700 is larger
00:27:43.720 larger than
00:27:44.000 a small town
00:27:45.200 in whatever state
00:27:46.240 you live in.
00:27:47.360 Like,
00:27:48.080 this is,
00:27:49.240 there's an arrogance.
00:27:50.360 This is like John Kerry
00:27:51.500 who flies private jets
00:27:52.620 all over the place
00:27:53.740 while trying to shut down
00:27:55.940 your ability
00:27:56.520 to get in your SUV.
00:27:58.000 The utter hypocrites,
00:28:00.160 as they live
00:28:01.100 in their gilded castles
00:28:02.720 and they say,
00:28:03.440 we are going to
00:28:04.080 force behaviors
00:28:05.060 from the little people
00:28:06.400 where the beauty
00:28:06.900 of it is,
00:28:08.340 it's now coming
00:28:09.260 to bite them.
00:28:09.840 And this is what
00:28:11.680 I discuss in the book
00:28:12.560 on Woke
00:28:13.060 because the book
00:28:14.240 is all about
00:28:14.780 strategies to fight back.
00:28:16.180 And I talk about
00:28:17.300 in Texas.
00:28:19.220 So, in Texas,
00:28:21.120 there was a bill
00:28:21.920 called Senate Bill 13.
00:28:24.080 And Senate Bill 13,
00:28:25.620 look,
00:28:25.840 I usually stay out
00:28:27.020 of fights
00:28:27.460 in the Texas state legislature.
00:28:29.320 I mean,
00:28:29.520 Lord knows I have
00:28:30.300 enough fights
00:28:31.220 in Washington, D.C.
00:28:32.420 with Chuck Schumer
00:28:33.100 and Joe Biden.
00:28:33.840 They're fat.
00:28:34.660 And so,
00:28:35.180 what happens in Austin,
00:28:36.220 I usually leave that
00:28:37.260 to the state legislators.
00:28:39.520 It's like Vegas for you.
00:28:40.540 What happens in Austin
00:28:41.260 stays in Austin.
00:28:42.160 There you go.
00:28:42.780 Now,
00:28:42.980 there have been really
00:28:43.700 two significant exceptions.
00:28:46.440 One has been school choice.
00:28:48.260 And I get very involved
00:28:49.560 in school choice
00:28:50.360 and we've got
00:28:50.880 an historic opportunity
00:28:52.020 in school choice.
00:28:53.340 And by the way,
00:28:54.000 I will say,
00:28:54.680 if you're running
00:28:55.240 in the state,
00:28:55.820 if you're a Texas voter,
00:28:57.660 get out and vote
00:28:58.700 in the primaries.
00:29:00.280 Election day
00:29:01.100 is tomorrow,
00:29:02.080 Super Tuesday.
00:29:03.160 Get out and vote
00:29:03.860 in the primaries,
00:29:04.660 in particular
00:29:05.160 in the state legislature.
00:29:06.220 I've endorsed
00:29:06.860 a whole bunch
00:29:07.820 of state legislative
00:29:09.540 candidates
00:29:10.060 who are pro-school choice
00:29:11.760 because we have
00:29:12.840 a bunch of Republicans
00:29:13.940 who killed school choice
00:29:15.420 in the legislature.
00:29:17.380 And so,
00:29:17.840 we need to elect
00:29:18.640 Republicans
00:29:19.540 that actually
00:29:20.400 will do
00:29:21.400 what the voters want
00:29:22.660 and do what's right.
00:29:24.500 But,
00:29:24.900 that's one example.
00:29:26.020 The second example
00:29:27.120 concerns ESG
00:29:29.700 and woke big business.
00:29:32.060 And Senate Bill 13
00:29:33.100 was a very simple bill.
00:29:35.120 It said,
00:29:35.840 if you boycott
00:29:36.860 oil and gas,
00:29:38.900 Texas will boycott you.
00:29:41.280 And,
00:29:41.960 listen,
00:29:42.520 oil and gas
00:29:43.340 produces millions
00:29:45.180 of jobs
00:29:45.960 in the state of Texas.
00:29:47.080 It produces
00:29:47.540 enormous amounts
00:29:48.540 of revenue
00:29:48.960 and benefits
00:29:49.500 for Texas.
00:29:50.480 And these woke
00:29:51.560 Wall Street firms
00:29:52.680 have been boycotting
00:29:54.100 oil and gas
00:29:54.760 and imposing
00:29:55.400 massive costs
00:29:56.740 on oil and gas
00:29:57.540 production.
00:29:58.040 And by the way,
00:29:59.040 benefiting Russia
00:29:59.940 and Iran
00:30:00.420 and Venezuela
00:30:00.920 and our enemies
00:30:01.800 in the process
00:30:04.060 and ironically
00:30:05.280 hurting the environment
00:30:06.220 in the process.
00:30:07.620 But,
00:30:08.100 their woke politics
00:30:09.220 cannot,
00:30:11.340 facts and data
00:30:12.480 and reason
00:30:13.580 cannot interfere
00:30:14.460 with their woke politics.
00:30:16.180 And,
00:30:16.440 and what
00:30:17.060 Senate Bill 13
00:30:17.980 said is,
00:30:18.600 okay,
00:30:19.460 if a company
00:30:20.080 is boycotting
00:30:20.820 oil and gas,
00:30:21.660 the state of Texas
00:30:22.360 will not invest in,
00:30:23.380 you know.
00:30:24.040 Texas has massive
00:30:25.340 amounts of cash
00:30:26.200 that we invest.
00:30:27.500 We have pension funds,
00:30:28.420 we have endowments,
00:30:29.300 massive university endowments.
00:30:31.340 And so,
00:30:32.120 what I did
00:30:32.800 with Senate Bill 13,
00:30:33.840 I called the Senate sponsor,
00:30:35.080 I called the House sponsor,
00:30:36.680 and I said,
00:30:37.180 listen,
00:30:37.400 how can I help?
00:30:38.120 What can I do
00:30:38.720 to get this to pass?
00:30:39.720 I wrote an op-ed
00:30:40.960 urging every state legislator
00:30:43.340 to vote for Senate Bill 13
00:30:44.700 and then I sent that op-ed
00:30:46.020 to every single member
00:30:47.380 of the state House
00:30:48.160 and every single member
00:30:49.420 of the state Senate.
00:30:50.180 It passed.
00:30:51.520 Well,
00:30:51.980 Senate Bill 13
00:30:52.780 has had an enormous impact
00:30:54.380 and you are seeing
00:30:55.920 the consequences of it.
00:30:58.040 And by the way,
00:30:59.460 Texas also passed
00:31:00.460 another bill
00:31:01.080 that said
00:31:02.160 if you attack
00:31:02.840 the Second Amendment,
00:31:03.840 Texas will not invest in you.
00:31:05.140 If you try to take away
00:31:06.320 the constitutional rights
00:31:07.820 of Texans,
00:31:08.480 we're not putting
00:31:09.000 our money with you
00:31:09.700 and that has had
00:31:10.380 enormous impact as well.
00:31:12.160 But,
00:31:12.600 what I urged
00:31:14.800 in the book
00:31:15.400 Unwoke
00:31:16.140 is other red states
00:31:18.880 to do the same thing.
00:31:20.320 Use our leverage
00:31:22.140 to make it expensive,
00:31:23.920 to make it hurt,
00:31:25.860 to give power
00:31:26.920 to the phrase
00:31:27.560 go woke,
00:31:28.180 go broke.
00:31:29.440 And in particular,
00:31:31.540 Black Rocket,
00:31:32.160 it's filing,
00:31:33.020 it complains,
00:31:34.380 quote,
00:31:35.100 some U.S. states
00:31:36.580 and state officials
00:31:37.520 have adopted
00:31:38.840 or proposed legislation
00:31:40.080 or otherwise
00:31:41.300 have taken official positions
00:31:42.720 restricting
00:31:43.300 or prohibiting
00:31:44.420 state government entities
00:31:45.520 from doing certain business
00:31:47.080 with entities
00:31:48.220 identified by the state
00:31:49.600 as, quote,
00:31:50.980 boycotting or, quote,
00:31:52.080 discriminating
00:31:52.780 against particular industries
00:31:54.360 or considering ESG
00:31:56.500 in their investment processes
00:31:58.240 and proxy votings.
00:32:00.620 And it goes on to say,
00:32:01.980 soon, quote,
00:32:03.300 other states
00:32:04.020 and localities
00:32:04.800 may adopt
00:32:05.380 similar legislation
00:32:06.440 or other ESG-related
00:32:07.740 laws and positions
00:32:08.700 that adversely impact
00:32:11.280 BlackRock's business.
00:32:13.660 This is what winning
00:32:15.240 looks like.
00:32:16.560 This is,
00:32:18.400 this is,
00:32:19.600 and in fact,
00:32:20.220 let me read a little bit more
00:32:21.120 from the filing
00:32:21.720 and this is an official SEC filing
00:32:23.840 from BlackRock
00:32:25.140 and it says
00:32:26.440 the divergence
00:32:27.840 between their politics
00:32:30.420 and the financial interest
00:32:33.040 of their shareholders,
00:32:33.840 here's what it says,
00:32:34.560 quote,
00:32:35.580 divergence has
00:32:36.660 and continues
00:32:37.220 to increase the risk
00:32:38.440 that any perceived
00:32:40.600 or actual action
00:32:42.060 or lack thereof
00:32:43.800 by BlackRock
00:32:44.540 on such matters
00:32:45.500 on behalf of its clients
00:32:47.460 will be viewed differently
00:32:49.320 by various stakeholders
00:32:50.640 and adversely
00:32:52.380 impact BlackRock's
00:32:53.660 reputation
00:32:54.240 and business
00:32:55.740 including through
00:32:56.600 withdrawals,
00:32:57.960 redemptions,
00:32:59.260 terminations
00:32:59.860 or decisions
00:33:01.240 not to commit
00:33:02.320 or invest
00:33:03.040 new capital
00:33:03.860 by clients
00:33:04.680 as well as
00:33:06.280 legal
00:33:06.740 and governmental
00:33:08.120 action
00:33:09.040 and scrutiny.
00:33:10.580 That's incredible
00:33:11.680 and welcome
00:33:12.680 to what happens
00:33:13.540 when the woke
00:33:14.140 gets in charge
00:33:15.040 and they try to dictate
00:33:16.360 to all of us
00:33:17.120 exactly what's going to happen.
00:33:18.700 Let me tell you
00:33:19.220 about Blackout Coffee
00:33:20.160 real quick.
00:33:20.620 We're talking about
00:33:21.020 woke companies now.
00:33:22.460 No better time
00:33:23.080 to tell you
00:33:23.580 about a great
00:33:24.400 American company
00:33:25.260 that I start my day
00:33:27.160 off with every day
00:33:27.960 with a premium
00:33:28.680 cup of coffee.
00:33:29.540 I do a radio show
00:33:30.700 every morning
00:33:31.320 at 7 o'clock.
00:33:32.220 I gotta be up.
00:33:33.000 I gotta be awake
00:33:33.740 and I don't want
00:33:34.500 to be woke
00:33:34.940 when I'm drinking coffee.
00:33:35.900 Now there's a lot
00:33:36.680 of coffee brands
00:33:37.600 out there.
00:33:38.080 You probably know
00:33:38.620 the ones I'm talking
00:33:39.180 about that are
00:33:39.660 really, really
00:33:40.740 lefty, woke companies.
00:33:42.880 Stop giving your money
00:33:44.200 to those companies
00:33:45.040 and check out
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00:33:47.600 of coffee
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00:33:49.400 Start my day
00:33:50.080 with it
00:33:50.420 because it's amazing.
00:33:52.080 It's America's
00:33:52.860 first cup
00:33:53.300 of Blackout Coffee
00:33:54.240 premium coffee
00:33:55.600 so I'm getting
00:33:56.700 the best
00:33:57.340 every morning.
00:33:58.200 Now this coffee
00:33:58.760 is not just
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00:34:00.100 it's a 0% woke.
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00:34:05.460 from sourcing
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00:34:09.100 shipping.
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00:34:54.420 Senator finally
00:34:55.460 I want to mention
00:34:56.180 real quick
00:34:56.700 there's an impeachment
00:34:57.640 inquiry that's happening
00:34:59.060 of the President
00:34:59.640 of the United States
00:35:00.140 of America
00:35:00.600 Joe Biden
00:35:01.380 the media is acting
00:35:03.140 like it's not
00:35:03.900 happening at all
00:35:04.720 most people
00:35:05.360 that listen to the show
00:35:06.060 if you're not
00:35:06.680 listening to this show
00:35:08.260 you may not even know
00:35:09.280 this is even happening
00:35:10.440 there was really
00:35:12.220 some shocking
00:35:13.140 testimony that
00:35:14.020 happened last week
00:35:15.020 in the house
00:35:17.420 and info
00:35:18.820 that was coming
00:35:19.440 out from people
00:35:20.380 that were having
00:35:20.860 to sit in front
00:35:21.820 of this committee
00:35:23.040 including the
00:35:24.060 President's son
00:35:25.140 Hunter Biden
00:35:26.140 he had some
00:35:27.000 admissions
00:35:27.480 and the media
00:35:28.360 refused to touch
00:35:29.400 this story
00:35:29.860 altogether
00:35:30.180 you wouldn't even
00:35:30.920 know it was
00:35:31.280 happening if you
00:35:32.020 watched the
00:35:32.400 nightly news
00:35:32.960 well that's
00:35:34.640 exactly right
00:35:35.340 so Joe Biden
00:35:36.200 in the 2020
00:35:37.360 presidential election
00:35:38.520 he insisted
00:35:39.800 Hunter had not
00:35:41.020 made money
00:35:41.660 from China
00:35:42.300 well Hunter
00:35:44.000 has now admitted
00:35:44.920 that was a lie
00:35:46.080 now he tried
00:35:47.200 hard not to
00:35:47.940 but but he
00:35:48.600 admitted it anyway
00:35:49.500 and so deposition
00:35:50.920 testimony was released
00:35:52.100 and let me read
00:35:52.700 read some of it
00:35:53.540 question
00:35:54.560 your father
00:35:56.020 went while he
00:35:56.640 was running
00:35:56.980 for president
00:35:57.540 said his family
00:35:58.380 never received
00:35:59.040 any money
00:35:59.420 from China
00:35:59.960 your father
00:36:00.580 answer yes
00:36:01.360 has also said
00:36:03.420 answer you're
00:36:04.000 right
00:36:04.280 he's never
00:36:07.000 received he's
00:36:07.800 never interacted
00:36:08.540 with any of
00:36:09.180 your business
00:36:09.600 associates
00:36:10.100 is that correct
00:36:10.920 yes
00:36:11.780 but if you
00:36:13.360 introduced him
00:36:14.260 to Yi Xiaming
00:36:16.160 that would be
00:36:17.280 untrue
00:36:17.720 no that is not
00:36:19.520 untrue
00:36:19.900 I'm telling you
00:36:20.560 this the question
00:36:21.920 being asked
00:36:22.740 that you're
00:36:23.640 stating is that
00:36:24.780 my father said
00:36:25.660 that I never
00:36:26.140 received any
00:36:26.760 money from China
00:36:27.560 the government
00:36:28.680 of China
00:36:29.120 unlike Jared
00:36:30.500 Kushner
00:36:30.940 I've never
00:36:31.860 received any
00:36:32.460 money from a
00:36:32.960 foreign government
00:36:33.520 he
00:36:33.800 question
00:36:35.240 he didn't
00:36:36.400 say government
00:36:37.120 of China
00:36:37.540 by the way
00:36:38.140 he said
00:36:39.200 China
00:36:39.620 from China
00:36:40.820 well
00:36:41.140 so
00:36:42.260 understand
00:36:43.300 okay this
00:36:43.820 is the
00:36:44.280 the sleight
00:36:45.480 of hand
00:36:45.840 he's trying
00:36:46.280 to do
00:36:46.700 he's claiming
00:36:48.120 now well
00:36:48.880 he didn't
00:36:50.900 get money
00:36:51.560 technically
00:36:52.160 from the
00:36:52.700 government
00:36:53.040 of China
00:36:53.560 it wasn't
00:36:54.280 signed
00:36:54.900 government
00:36:55.500 of China
00:36:55.960 but here's
00:36:57.720 what he did
00:36:58.220 admit
00:36:59.200 he shifted
00:37:00.440 it to
00:37:00.760 well yeah
00:37:01.020 of course
00:37:01.300 I got money
00:37:01.640 from China
00:37:02.060 it was just
00:37:02.820 a Chinese
00:37:03.460 company
00:37:03.920 controlled
00:37:05.200 by the
00:37:05.640 Chinese
00:37:05.940 government
00:37:06.340 and funded
00:37:06.720 by the
00:37:07.000 Chinese
00:37:07.220 government
00:37:07.440 but it
00:37:07.640 wasn't
00:37:07.780 from the
00:37:08.100 government
00:37:08.320 of China
00:37:08.600 it was
00:37:08.780 from a
00:37:09.000 Chinese
00:37:09.220 company
00:37:09.600 and here's
00:37:11.180 so the
00:37:11.780 questioning
00:37:12.200 continued
00:37:12.820 how many
00:37:15.660 millions
00:37:16.200 have you
00:37:17.180 received
00:37:17.700 from Chinese
00:37:18.420 companies
00:37:18.880 because he
00:37:19.600 admitted
00:37:19.960 and this
00:37:20.340 is the
00:37:20.600 bombshell
00:37:21.040 admissions
00:37:21.480 I have
00:37:22.320 received
00:37:22.680 money
00:37:22.900 from a
00:37:23.180 Chinese
00:37:23.400 company
00:37:23.800 how many
00:37:25.660 millions
00:37:25.960 have you
00:37:26.220 received
00:37:26.580 and he
00:37:26.860 said well
00:37:27.560 he didn't
00:37:28.260 know the
00:37:28.680 exact
00:37:29.120 amount
00:37:29.440 but let
00:37:29.700 me read
00:37:29.980 this
00:37:30.180 exchange
00:37:30.640 quote
00:37:31.640 did you
00:37:33.300 receive
00:37:33.760 money
00:37:34.120 from
00:37:34.600 China
00:37:35.060 or not
00:37:35.940 answer
00:37:37.500 quote
00:37:38.260 I received
00:37:39.740 money
00:37:40.100 from a
00:37:40.840 Chinese
00:37:41.120 company
00:37:41.580 question
00:37:43.420 how many
00:37:44.460 millions
00:37:44.980 have you
00:37:45.600 received
00:37:46.100 from Chinese
00:37:46.780 companies
00:37:47.300 answer
00:37:48.600 I don't
00:37:50.320 know the
00:37:50.660 exact
00:37:51.000 amount
00:37:51.380 but I
00:37:52.160 know that
00:37:52.460 it was
00:37:52.660 all
00:37:52.960 completely
00:37:53.360 legal
00:37:53.720 and it
00:37:53.940 was
00:37:54.080 incredibly
00:37:54.680 ethical
00:37:55.200 what a
00:37:56.900 lie
00:37:57.200 right
00:37:57.500 I mean
00:37:57.760 I'm sorry
00:37:58.120 I'm
00:37:58.680 taken aback
00:37:59.500 by the
00:37:59.780 quote
00:38:00.000 because it's
00:38:00.480 just so
00:38:00.860 funny
00:38:01.080 it's like
00:38:01.340 well
00:38:01.680 it was
00:38:02.560 it was
00:38:02.980 I never
00:38:03.340 did it
00:38:03.600 I never
00:38:03.820 did it
00:38:04.100 never
00:38:04.520 did it
00:38:04.720 well I
00:38:04.980 did it
00:38:05.340 but it
00:38:06.000 was all
00:38:06.340 legal and
00:38:06.780 ethical
00:38:07.040 and everything
00:38:07.460 was fine
00:38:07.940 so stop
00:38:08.500 asking
00:38:08.840 questions
00:38:09.500 how dare
00:38:10.440 you act
00:38:10.800 like we
00:38:11.080 did anything
00:38:11.440 wrong
00:38:11.840 incredibly
00:38:12.780 ethical
00:38:13.200 and this
00:38:13.520 is a guy
00:38:13.900 who photographs
00:38:14.540 himself
00:38:15.040 smoking crack
00:38:16.700 while being
00:38:17.720 with multiple
00:38:18.260 prostitutes
00:38:19.020 and who's
00:38:19.520 made tens
00:38:20.980 of millions
00:38:21.580 of dollars
00:38:22.180 selling favors
00:38:23.040 from his
00:38:23.580 father who
00:38:24.560 was abusing
00:38:25.620 a position
00:38:26.220 of public
00:38:26.620 trust
00:38:26.940 but understand
00:38:27.960 I received
00:38:29.660 money from
00:38:30.380 a Chinese
00:38:30.880 company
00:38:31.360 this is an
00:38:32.560 admission
00:38:33.000 and I want
00:38:34.060 us to play
00:38:34.500 what Joe
00:38:34.880 Biden said
00:38:35.420 because you
00:38:36.460 need to hear
00:38:37.140 how this is
00:38:38.560 directly contrary
00:38:39.620 to what Joe
00:38:40.120 Biden said
00:38:40.680 my son has
00:38:42.120 not made
00:38:42.940 money in
00:38:44.160 terms of
00:38:44.680 this thing
00:38:45.200 about what
00:38:46.260 are you talking
00:38:46.720 about China
00:38:47.540 I love it
00:38:48.560 this thing
00:38:48.940 about what
00:38:49.440 about this
00:38:50.000 thing oh
00:38:50.540 yeah China
00:38:51.160 like I mean
00:38:51.920 what a brilliant
00:38:52.680 move by him
00:38:53.500 during the
00:38:53.840 presidential debates
00:38:54.660 back then
00:38:55.220 where it's
00:38:55.980 like I don't
00:38:57.360 even know what
00:38:57.720 you're talking
00:38:58.160 about it's
00:38:58.480 absurd
00:38:58.980 look it's
00:39:00.720 a flat out
00:39:01.180 lie my
00:39:02.680 son has
00:39:03.380 not made
00:39:04.100 money from
00:39:04.720 what is it
00:39:05.200 this thing
00:39:05.620 you're talking
00:39:06.080 about China
00:39:06.740 that's what
00:39:07.200 he said
00:39:07.660 now here's
00:39:08.340 what Hunter
00:39:08.740 said under
00:39:09.260 oath quote
00:39:09.940 I received
00:39:11.680 money from
00:39:12.540 a Chinese
00:39:13.000 company
00:39:13.420 those two
00:39:15.460 statements are
00:39:16.100 categorically
00:39:16.980 inconsistent
00:39:18.220 Joe Biden
00:39:19.400 lied and he
00:39:20.260 lied in the
00:39:21.140 presidential debate
00:39:22.040 with Donald
00:39:23.000 Trump and he
00:39:23.820 lied about the
00:39:24.720 corruption of
00:39:25.540 his son
00:39:26.060 that's what the
00:39:27.140 testimony is and
00:39:27.880 by the way did
00:39:28.980 you see that in
00:39:29.600 the six o'clock
00:39:30.140 news this week
00:39:30.780 nope wonder
00:39:32.840 why yeah
00:39:34.220 well and there's
00:39:34.980 also you and I
00:39:36.240 predicted this
00:39:37.440 months and months
00:39:38.340 and months ago
00:39:39.020 that your favorite
00:39:40.720 WhatsApp text ever
00:39:41.980 which is you know
00:39:42.980 the shakedown with
00:39:44.180 his dad sitting
00:39:44.780 next to him he
00:39:45.500 was asked about
00:39:46.200 that and I have
00:39:47.760 to go back to it
00:39:48.480 because it just
00:39:48.880 it's hysterical he
00:39:51.180 says I sent
00:39:52.680 the text but I
00:39:53.860 was drunk or
00:39:54.640 high when I
00:39:55.720 sent it my dad
00:39:56.620 wasn't there
00:39:57.740 which is exactly
00:39:59.760 the alibi we
00:40:00.620 said they were
00:40:01.100 going to use
00:40:01.680 right oh he
00:40:02.400 was a drunk
00:40:03.000 kid he was a
00:40:03.860 high kid they
00:40:04.600 treat him like
00:40:05.060 he's a kid not
00:40:05.740 not a grown adult
00:40:06.740 in his 50s you
00:40:08.040 know now no this
00:40:09.160 is just a addict
00:40:10.240 who was who was
00:40:11.380 desperate for cash
00:40:12.600 and didn't know
00:40:13.160 what he was doing
00:40:13.780 but it works he
00:40:14.480 got the cash he
00:40:15.480 got the cash and
00:40:16.480 he's like oh my
00:40:17.000 dad wasn't there
00:40:17.460 let's just remind
00:40:19.000 people we could
00:40:20.320 have found out
00:40:21.100 for a fact using
00:40:22.740 gps data and we
00:40:24.300 still can't oh we
00:40:25.860 still can't okay so
00:40:27.080 so explain for
00:40:27.960 everybody how we
00:40:28.740 could still find
00:40:29.360 that and why and
00:40:30.100 when who's blocking
00:40:31.040 it from us knowing
00:40:31.960 for the gps data if
00:40:33.660 daddy was in fact
00:40:34.720 sitting next to his
00:40:35.540 son so listen it's
00:40:37.000 not complicated we
00:40:38.660 know the exact date
00:40:39.840 and time that
00:40:41.500 whatsapp text was
00:40:42.620 sent and the
00:40:45.520 investigators the
00:40:46.680 the investigators
00:40:48.060 wanted to subpoena
00:40:50.080 the gps data on
00:40:51.660 hunter's phone and
00:40:52.920 joe's phone and if
00:40:54.520 they were both in
00:40:55.240 the same location
00:40:56.140 then it would turn
00:40:57.600 out hunter was
00:40:58.180 telling the truth
00:40:58.840 that daddy was
00:40:59.440 sitting there and
00:41:00.840 the irs whistleblowers
00:41:02.340 blocked that said
00:41:04.180 no you cannot
00:41:05.320 subpoena the gps
00:41:06.520 location because it
00:41:09.280 would prove that
00:41:10.740 daddy was there and
00:41:11.960 their objective the
00:41:13.000 biden justice
00:41:13.720 department's objective
00:41:14.800 from day one has
00:41:16.340 been to protect
00:41:17.220 joe biden look
00:41:18.820 look i'll give
00:41:19.260 another example so
00:41:20.840 so jim biden
00:41:21.860 provided testimony
00:41:23.980 about hunter biden
00:41:25.540 and had an
00:41:26.220 undisclosed meeting
00:41:27.420 with a corrupt
00:41:29.280 chinese businessman
00:41:30.580 whom hunter has
00:41:32.540 called and this is
00:41:33.340 hunter's language
00:41:34.000 quote the effing
00:41:35.580 spy chief of china
00:41:37.120 yeah he didn't he
00:41:38.360 didn't abbreviate
00:41:39.120 effing but um and
00:41:41.920 and and this in
00:41:42.640 particular uh was
00:41:44.660 a meeting that
00:41:45.820 occurred in
00:41:46.480 september 2017
00:41:47.480 with patrick ho
00:41:49.700 patrick ho was an
00:41:51.460 executive with
00:41:52.260 chinese energy
00:41:52.980 conglomerate cefc
00:41:54.540 and by the way cefc
00:41:56.220 china energy paid
00:41:57.260 hunter and jim
00:41:57.900 biden five million
00:42:00.100 dollars so this
00:42:01.040 wasn't a small
00:42:01.780 amount um remember
00:42:03.880 joe biden say said
00:42:05.220 hunter didn't get
00:42:05.920 money from that china
00:42:06.760 thing except for
00:42:08.060 that five million
00:42:08.660 dollars um but they
00:42:11.720 had a meeting
00:42:12.380 according to jim
00:42:13.600 biden he and hunter
00:42:14.380 biden had a quote
00:42:15.240 pleasant lunch in
00:42:16.140 hong kong with ho
00:42:17.020 and at the end of
00:42:18.980 the meeting ho asked
00:42:20.960 to meet alone with
00:42:22.260 hunter biden and
00:42:23.080 and here's the quote
00:42:23.880 from jim biden's uh
00:42:25.900 deposition quote ho
00:42:27.780 said can i borrow
00:42:29.460 hunter for you know a
00:42:31.060 half hour we're going
00:42:32.760 to go in the next room
00:42:33.840 and then jim biden
00:42:35.880 said well he didn't
00:42:36.520 know what they
00:42:36.900 discussed in the next
00:42:37.860 room this is a man
00:42:39.700 that he had a half
00:42:41.100 hour private meeting
00:42:42.060 with a man whom
00:42:43.260 hunter is described as
00:42:44.440 the effing spy chief
00:42:45.680 of china and by the
00:42:47.940 way just two months
00:42:49.460 after hunter biden
00:42:51.880 gets pulled aside for
00:42:52.960 this secret half hour
00:42:54.080 meeting you know
00:42:55.440 what happened two
00:42:56.020 months later federal
00:42:58.420 prosecutors in new
00:42:59.480 york indicted ho on
00:43:01.440 charges that he
00:43:02.300 offered bribes to
00:43:03.380 african officials to
00:43:04.520 obtain oil rights for
00:43:06.360 cfc china energy during
00:43:08.700 a meeting at the u.n
00:43:09.600 general assembly in
00:43:10.580 2014 so this is a guy
00:43:13.940 who a couple months
00:43:15.560 later gets indicted for
00:43:16.960 bribing yeah public
00:43:19.340 officials and he wants
00:43:21.140 to have a private
00:43:22.580 meeting uh with hunter
00:43:25.300 biden and he does have
00:43:26.600 a private meeting with
00:43:27.420 hunter biden uh we know
00:43:29.480 also that cfc china
00:43:31.060 energy paid hunter biden
00:43:32.600 a one million dollars to
00:43:34.640 represent ho even though
00:43:36.440 there's no evidence hunter
00:43:37.320 biden did any sort of
00:43:38.660 legal work on on any of
00:43:40.700 the cases and and you
00:43:42.820 know one of the things
00:43:43.600 also that that that ho
00:43:45.560 did is he gave hunter
00:43:46.860 biden a diamond ring
00:43:49.120 because you know yeah
00:43:51.340 that's what the spy chief
00:43:53.560 of china should do is give
00:43:55.920 the son of the vice
00:43:56.860 president now the son of
00:43:58.060 the president a diamond
00:43:59.560 ring you know just but but
00:44:01.320 remember remember joe biden
00:44:03.800 said told the american
00:44:05.000 people that that hunter
00:44:06.300 hadn't gotten anything
00:44:07.220 from what is that thing
00:44:08.180 that china thing yeah
00:44:10.020 that's a great point it's
00:44:11.400 going to be one heck of a
00:44:12.240 week here on verdict
00:44:13.020 especially with a supreme
00:44:14.280 court ruling we're
00:44:14.980 expecting to come down
00:44:16.080 uh so make sure you hit
00:44:18.860 that follow subscribe or
00:44:20.160 auto download button and
00:44:21.480 and remember we do the
00:44:22.520 show monday wednesday
00:44:23.140 friday download my
00:44:24.620 podcast uh ben ferguson
00:44:26.460 podcast i'll keep you
00:44:27.580 updated on this breaking
00:44:28.580 news on those in between
00:44:29.460 days uh if this comes down
00:44:31.420 uh later today we'll have
00:44:32.740 that for you uh but don't
00:44:34.200 forget hit that follow
00:44:35.000 subscribe button and please
00:44:36.060 share this podcast wherever
00:44:37.380 you are on social media
00:44:39.000 and the senator and i will
00:44:40.160 see you back here wednesday
00:44:41.180 morning this is an iheart
00:44:43.020 podcast guaranteed human