Verdict with Ted Cruz - 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

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. 0.83

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. 1.00

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 1.00

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? 0.99

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. 0.98

00:12:43.060 She was a traffic court judge. 0.54

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, 0.93

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. 0.99

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! 0.99

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 0.97

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 0.98

00:16:33.100 that Donald Trump is the devil, 0.83

00:16:34.620 and so everything, everything, everything 0.99

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? 0.98

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. 0.88

00:21:48.900 That is a crap ton

00:21:50.860 of money. 0.90

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 0.86

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, 1.00

00:27:37.680 these bastards 1.00

00:27:38.320 are flying giant, 1.00

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. 1.00

00:27:58.000 The utter hypocrites, 1.00

00:28:00.160 as they live 1.00

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 0.90

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. 0.99

00:28:33.840 They're fat. 0.99

00:28:34.660 And so, 0.99

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. 0.97

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

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00:33:27.160 off with every day

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00:33:29.540 I do a radio show

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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

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00:33:38.080 You probably know

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00:33:40.740 lefty, woke companies.

00:33:42.880 Stop giving your money

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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 0.87

00:38:18.260 prostitutes 0.97

00:38:19.020 and who's 0.94

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 0.90

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 0.71

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 0.98

00:41:49.700 patrick ho was an 1.00

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 0.99

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 1.00

00:42:17.020 and at the end of

00:42:18.980 the meeting ho asked 0.99

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 0.62

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 0.95

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 0.99

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 0.97

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 0.99

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

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

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