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Speaker 1: What's going on. Thank you so much for listening to

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this podcast. It is heard live every day from noon

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to three on WBT Radio in Charlotte. And if you

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want exclusive content like invitations to events, the weekly live

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stream I daily show prep with all the links. Become

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a patron, go to dpetclendershow dot com. Make sure you

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hit the subscribe button. Get every episode for free right

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to your smartphone or tablet. And again, thank you so

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much for your support. The President is now making his

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announcement from the Oval Office. Let's listen in live. If

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we can.

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Speaker 2: Athlete's the best athletes in the world to the cultural

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center of our nation's capital.

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Speaker 3: I just left the Kennedy Center.

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Speaker 2: We're spending a lot of money wisely on making it

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really beautiful.

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Speaker 3: It's going to be beautiful again. It's like Washington, d C.

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We had.

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Speaker 2: By the way, in Washington, DC, we have the lowest

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crime numbers they've had in years.

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Speaker 3: Zero.

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Speaker 2: It sounds like it's a horrible thing to say, but

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I might as well say zero murders in the last

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week since we've done this.

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Speaker 3: That's the first time in memory that that's happened. If

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you can believe it, how pathetic. That is enough to

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even say it.

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Speaker 2: And I'm tired of listening to these people say how

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safe it was before we got here.

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Speaker 3: It was unsafe.

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Speaker 2: It was horrible, and Mayor Bowser better get her acts

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straight or she won't be there very long because we'll

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take it over with the federal government running like it's

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supposed to be run. The numbers were horrible. It was

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a crime infested rat hole, and they do have a

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lot of rats. We're getting rid of them too, and

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we've made a lot of progress. And it was extremely

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unsafe and now it's extremely safe.

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Speaker 3: We had virtually no crime.

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Speaker 2: The number was down eighty seven percent, and I'm trying

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to figure out where was the thirteen percent, because I

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don't think it existed. The National Guard has been unbelievable

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and they're working with the police and.

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Speaker 3: They have some very good people in there.

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Speaker 2: They have some people that shouldn't be police, actually, but

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they have some great people there. And the Washington d

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C is a whole different place, and Johnny, I'm sure

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you'll be happy to hear that too. Actually, yes, but

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it's a whole different place. People are excited again. They're

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going out to restaurants again, That was the other thing

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I saw in numbers that restaurant businesses.

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Speaker 3: Down in the last week. I know restaurant business.

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Speaker 2: You can't get into a restaurant just really lying people,

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And that's why people don't understand how bad.

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Speaker 3: And how dishonest the press is.

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Speaker 2: I saw one poll that had us set nineteen percent

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favorable on what we're doing with Washington. Then I saw

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another one as this ninety four percent favorable. And I

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can tell you the ninety four percent is correct. The

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others are fake, just faked. They got to get their

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act together. So bad for our country, so sick actually,

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so Washington, DC is really doing unbelievably well. And the

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Kennedy Senator where fixed. I was just there all morning

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with contractors. We're making it unbelieve. It's going to be unbelievable.

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It's got great bones, but it needs a lot of work.

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Speaker 1: More gold. The World Control.

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Speaker 2: Will set up the group stage of competition. Forty eight

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teams will play in one hundred and four games across

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sixteen North American cities, from Seattle to Vancouver to Atlanta

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to Miami.

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Speaker 3: It's going to be so exciting for our country. What

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is this the twenty twenty.

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Speaker 2: Six feet for World Cup will be one of the

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largest and most complex events.

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Speaker 3: This will be one of the greatest events, one of

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the largest.

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Speaker 2: In a way, it's like Johnny said it better, it's

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like having many super Bowls for a short period of time,

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because each one of these games essentially is a super Bowl.

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Some of them are bigger than super Bowls actually, but

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they're essentially each one of these games is like a

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super Bowl. The twenty twenty six for World Cup will

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be the largest, most complex set of events in sports history,

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and the Kennedy Center will give it a phenomenal kickoff

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and will be involved, and they'll be working over there

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for quite a bit of time. We have it all

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set that they can stay there for the big events,

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the big press conferences and everything else, and they'll be

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in a very safe capital that'll be nice to You

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don't have to worry about walking down the street, Johney. Okay,

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but you could handle yourself, I quote. Already, FIFA is

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projecting six million loyal fans will attend the World Cup

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events next year, and six billion more are going to

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be watching back home. And they think the six billion

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dollar number is going to be actually a low number,

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and this will drive more than thirty billion dollars into

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the US economy and create one hundred and eighty five

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thousand American jobs in a short period of time.

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Speaker 3: Too.

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Speaker 2: No sporting event attracts more attention, more fans, more viewers,

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are more revenue.

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Speaker 3: Than the FIFA World Cup.

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Speaker 2: And again I'll just say, it's the World Cup, and

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it's the biggest thing there is in sports, and we

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have it, and I got it in my first administration.

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And I was really somewhat devastated, as devastated as I

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can be, I.

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Speaker 3: Don't have time to get too devastated. I was very

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happy that today, as you saw.

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Speaker 2: The group that does this, a government group, radical left group,

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announced that Trump was right tooking forty trillion dollars worth

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of tariffs, that the four trillion dollars are going to

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reduce the deficit by numbers far greater than they ever

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expected or heard them. And by the way, the stock

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market went up a thousand points.

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Speaker 3: That was as of ten minutes ago. I can't tell

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you what happens.

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Speaker 2: A lot of things happened, but the stock market's up

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almost a thousand points, and it's basically on the news.

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Speaker 3: That the release.

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Speaker 2: It just came out from government that the tariffs that

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everybody was talking about, that the whole world respects us

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for for the what we did.

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Speaker 3: The tariffs are going to be at four trillion dollars.

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Speaker 2: They're going to reduce the deficit by four trillion dollars.

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Speaker 3: Mister Vice President wouldn't deserve it. Two minutes of five.

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Speaker 2: It's had a huge impact and the stock market is

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way up. But this will drive more than thirty billion

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dollars in US economy. It created one hundred and eighty

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five thousand American jobs. No sporting event attracts more attention

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or more fans or anything else. And I just look

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forward to the draw. So we're going to have the draw,

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say actually, Johnny at the Kennedy Center, and by that

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time it'll be an even better shape.

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Speaker 3: We're working on it.

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Speaker 2: It'll take about a year project to make it.

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Speaker 3: It'll be great. It'll be fantastic. You see the way

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this is looking nice.

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Speaker 2: I can't tell you how much that gold costs a

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lot of money. There's nothing like gold, and there's nothing

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like solid gold. But this beautiful office needed it. It

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had to be representative. When we took it over. It

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was dirty, not clean. I immediately changed the chair and

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had this beautiful desk renovated and brought out by the

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White House people that do this.

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Speaker 3: They did a great job.

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Speaker 2: They said that we have a craftsman who's great, but

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this was not appropriate for the Oval Office.

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Speaker 3: What I took over.

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Speaker 2: And now you look at all those paintings, you're allowed

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to turn back. All of these are great presidents, and

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they were all in the vaults.

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Speaker 3: They were in.

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Speaker 2: Vaults for some cases much more than one hundred years,

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and now they're proudly hanging on the Oval Office walls.

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So I can't imagine anybody changed, but they were mured

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in vaults for over one hundred years of any of them.

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Speaker 3: So it's very exciting. People come in. They really love it.

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Speaker 1: So he is now talking about all of the gold

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that is in the Oval Office that people have been

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mocking online democrats and media. But I repeat myself when

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he had all of the European leaders come to town,

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and Zelenski and the Zelenski and Trump had that meeting

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again in the Oval Office and there's all this gold

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behind them. They got like you know, gold frames and

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like gold statues. The whole wall is just like covered

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with like all sorts of gold stuff, which I'm not

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sure people are aware of this or not, but Donald

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Trump loves him some gold plated stuff. Have you ever

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seen like literally anything he builds, right, he loves the gold.

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And of course to all of the lefties, they're like, oh,

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it's so tacky, which is kind of ironic because now

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have you noticed, like what the trend is. The brass

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is back, that gold look on like doorknobs and all

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that stuff. I'm not a fan. I prefer the the

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nickel brush nickel. I like the silver look. I don't

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like the gold look. But he likes the gold look.

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I've known this for ever since he came down the

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what golden escalator exactly. So this is not a surprise.

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So the big announcement the twenty twenty six FIFA World

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Cup coming to America, and now we know what he

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sold us out for with the Europeans, Now it all

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makes sense. Why would you bring soccer here? I'm just kidding.

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I'm just kidding. No, it's a big deal. It is

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a big deal. It's like Americans, like we are notoriously

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you know, anti soccer, but they're becoming less anti soccer

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as we become infiltrated, you know, with all of these

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people from all over the world. But no, look, it

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is a huge sport. It will drive a lot of

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you know, tourism and economic impact and all of that

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stuff too. As long as every city that's going to

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host this thing isn't going to be, you know, going

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to the taxpayers to fund new Stadia, then I'm fine

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with it. I'm fine with it. We'll see. And you

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know what, it's part of America's two hundred and fiftieth

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anniversary too, so that's a pretty good it's a pretty

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good celebration. Twenty twenty six is gonna be lit.

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Speaker 4: All right.

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Speaker 1: If you're listening to this show, you know I try

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to keep up with all sorts of current events, and

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I know you do too, And you've probably heard me

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say get your news from multiple sources. Why well, because

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it's how you detect media bias, which is why I've

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been so impressed with ground News. It's an app and

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it's a website, and it combines news from around the

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world in one place, so you can compare coverage and

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verify information. You can check it out at check dot ground,

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dot news slash pete. I put the link in the

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podcast description too. I started using ground News a few

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months ago and more recently chose to work with them

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as an affiliate because it lets me see clearly how

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stories get covered and by whom. The blind spot feature

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shows you which stories get ignored by the left and

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the right. See for yourself. Check dot Ground, dot news,

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slash pete. Subscribe through that link and you'll get fifteen

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percent off any subscription. I use the Vantage plan to

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get unlimited access to every feature. Your subscription then not

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only helps my podcast, but it also supports ground News

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as they make the media landscape more transparent. Philip Wegman

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is a reporter for a White House reporter for Real

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Clear Politics, and he tweeted out about seventeen minutes ago

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that Mike Davis, a Trump confidant very much in the know,

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reacting to the raid on former National Security Advisor and

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former UN Ambassador John Bolton's home and office today said

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quote my prediction, Democrats, Rhinos and reporters who think this

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raid on John Bolton is about his book will be

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very embarrassed when the search warrant becomes public. Oh that

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doesn't sound good. I mean for Bolton, So anyway, we'll

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see what happens there. We also have I got a

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bunch of different stories here, so I'm gonna kind of

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plow through a lot of this stuff that I haven't

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gotten to this week because it's Friday, and Friday is

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it's when you dump all of the stuff that you

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couldn't get to in the week, as well as scandalous stuff.

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So this way people know it's like the Friday night

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dump that you do. It's a tried and true hack

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among media hacks and government hacks. So Federal Housing Finance

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Agency Director William Poulty has referred possible criminal activity involving

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Federal Reserve GOUVNA Lisa d. Cook to Attorney General Pam

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Bondi for investigation and action as appropriate. The accusation is

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that Lisa Dinell Cook falsified bank documents and property records

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to acquire more favorable loan terms, potentially committing mortgage fraud

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under the criminal Statute. I do have some audio. This

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was William Poulti appearing on CNBC the other day for

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a more for an interview. I think it's called squawk

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Box or something. I don't watch the NBC, but he

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did like a ten minute eleven minute interview with the host,

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and he says, first off, that he's just doing his job.

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Speaker 4: We refer people every day criminally for mortgage fraud, and

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no one is above the law. And in this case,

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it happens to be a FED governor, and I have

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an obligation to do something about it. So when we

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received a tip, this is what we discovered. And it's

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very unfortunate because you know, a FED governor is supposed

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to understand economic harm of mortgage fraud. You know, the

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FED is written all about the economic harm of mortgage fraud,

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in particular occupancy fraud, and here she is allegedly committing

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mortgage fraud. So I think it's a big issue. I

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don't think it's going away. I think she will have

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to resign or I think she will be fired.

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Speaker 1: Okay. Speaking to the allegations.

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Speaker 4: We alleged that she bought a condo in July of

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twenty twenty one, and fourteen days before that, we alleged

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that she took out alone using a Fanny May and

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Freddie macform, stating that she had her primary residence in Michigan.

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Fourteen days later, as I said, she went and purchased

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in Atlanta condo. To make it worse, she then went

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on to eventually list the apartment and probably is renting

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it out. This is a very serious issue. It has

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necessarily nothing to do with the Fed Governor. It has

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everything to do with mortgage fraud in the United States,

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and if we see it, we're going to do something

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about it. Just on that point too, I'll say, we're

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also probing, and I would imagine that the Department of

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Justice will open an inquiry into this. I'm hopeful about that.

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But we're also probing some property that she has in

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Massachusetts to see if there's something there, But I don't

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have anything yet on that, and I only want to

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stick with what's in the criminal referral so far.

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Speaker 1: All Right, So she claimed two primary residences in order

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to get better rates on a mortgage, and he says

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this is illegal for a reason.

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Speaker 4: Yes, when you have a primary residence or a principal residence,

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it is essentially lower risk. And so what we do

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at both Fannie and Freddie and our member institutions who

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we buy loans from and we mandate from, is we

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want to understand the risk if you are living in

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your home, it is less likely that you will be

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foreclosed upon or not pay your payments in the event

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of a recession. We saw this in eight. In my view,

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many of this is what caused eight. You know, my

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family founded Poulti Homes. I grew up in that business.

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I saw the housing market crash. We cannot go back there.

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So it doesn't matter whether you're fed, governor cook or

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Joe blow on the street. If you commit mortgage fraud,

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we are going to report it. And this is no different.

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We do it every day.

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Speaker 1: There you go one of the hosts, Carl Quintanilla, Quintinilla.

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He then steps in it a bit and Poulty immediately

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smacks him back on that. Is it common for these

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things not to get referred back to the OIG?

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Speaker 3: I mean, how does it want end up on your desk,

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much less the social media account of the president?

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Speaker 4: Well, what do you mean, how does it end up

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on my desk? I'm the regulator of Fanny and Freddy,

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and I'm the conservatory of Franny and Freddy. If it

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didn't end up on my desk, I wouldn't be doing

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my job, Carl. I mean's like asking how do news

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stories appear on your desk. That's your job. My job

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is to regulate these entities, Carl, and we have to

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make sure that we have a safe and sound market.

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And I'm not going to be intimidated by the media

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or politicians who don't want visibility into what's been going

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on behind closed doors. If somebody is claiming two primary residences,

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that is not appropriate, and we will refer it for

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criminal investigation.

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Speaker 1: Yeah, he is doing his job. You don't get to

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claim two primary residences, especially when you're using that claim

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to get prefer preferential rates on your mortgage. And somebody

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in her position should know that. Here's a great idea.

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make memories that'll last a lifetime. Strife writing over at

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RedState dot com. Since at least May twenty twenty two,

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00:18:16,599 --> 00:18:21,440
Lisa Cook, who's on the Federal Reserve Board of Governors,

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has been required to live in the Washington, DC metro area.

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Her exact date of moving to d C is unclear,

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but she was part of Joe Biden's Transition Agency Review

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Team as of November twenty twenty, and then was nominated

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for the Federal Reserve job in January of twenty twenty one.

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The Shenanigans started in the summer of twenty twenty one.

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June eighteenth, twenty twenty one, Cook took a fifteen year

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mortgage for a two hundred three thousand dollars home in

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ann Arbor, Michigan, which she said was to be her

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pl primary residence, and she promised to live there full

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time for at least one year. Fourteen days later, she

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takes out another mortgage for a condo in Atlanta's Above

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the four Seasons building. That mortgage five hundred and forty

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thousand dollars, and on that application again she stated that

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this would be her primary residence and she would live

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there for at least one year. Did she not know

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she just bought the other house two weeks ago. I

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don't know. I guess this is just this is something

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that I just cannot relate to because I have only

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owned a single home at any given time, you know,

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like generally I have tried to avoid owning two homes

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because then I would be in bankruptcy right, not being

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able to afford both mortgages for an extended period of time.

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Like I was sweating one time when we were selling

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one house buying another, and I was like, we don't

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want to get caught paying two mortgages, right, And if

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we have to do that, you can't do We couldn't

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do it for more than like a month, and in

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exchange we would like not eat, you know. So I

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don't know what it's like to be able to just

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go around buying multiple homes in different states within two

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weeks of each other. So that was in June of

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twenty twenty one. A year later, a little bit over

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a year later, September twenty twenty two, her condo in

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Atlanta that she listed as her primary residence and she

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would live in for one year. It was listed for rent,

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so that would be outside of the one year right.

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If she purchased that condo in June of twenty one,

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then September of twenty two she turns it into a

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rent unit. And so the idea there is that if

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she was claiming that as her primary residence, then she

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would have been outside of the one year window, and

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that would have been fine if it actually was her

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primary residence, which remember she is required to live in

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the Washington, DC area due to her appointment, and she

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got that appointment in May of twenty twenty two, so

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that would be May, June, July August, so like four

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or five months before she listed the Atlanta condo for rent,

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which means she wasn't living there as her primary residence

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00:21:45,960 --> 00:21:48,079
for like four or five months. I don't know what

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00:21:48,079 --> 00:21:49,680
the truth on any of this is. I don't know

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00:21:49,720 --> 00:21:52,720
where she was living because then there's also the property

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in Michigan that she took the mortgage out on in

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June of twenty one, as well. A review of her

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00:22:01,400 --> 00:22:05,599
federal government financial disclosures for calendar years twenty twenty two

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00:22:05,680 --> 00:22:09,359
and twenty twenty three indicate that she did not disclose

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any rental income tied to the Atlanta address, which if

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00:22:17,279 --> 00:22:21,200
she rented it, she would be making an income and

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she would have to disclose that, and she did not

404
00:22:23,559 --> 00:22:28,960
disclose that. I wonder if the IRS is paying attention

405
00:22:29,039 --> 00:22:38,319
to this later on. This is oh here it is again.

406
00:22:38,359 --> 00:22:44,640
This is from strife at RedState dot com. You'll recall

407
00:22:44,720 --> 00:22:48,640
Lisa Cook was outed as having plagiarized her published quote

408
00:22:48,720 --> 00:22:55,559
unquote research. Cook is one of the world's most powerful economists.

409
00:22:55,640 --> 00:22:58,839
This is a quote from a news article about her confirmation.

410
00:22:59,440 --> 00:23:04,160
She taught economics at Harvard University and Michigan State University,

411
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and served on the Obama administration's Council of Economic Advisors.

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Despite her pedigree, questions have long persisted about her academic record.

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Her publication history is remarkably thin for a tenured professor,

414
00:23:18,039 --> 00:23:24,720
and her published work largely focuses on race activism rather

415
00:23:24,880 --> 00:23:29,559
than on rigorous quantitative economics. Her nomination to the FED

416
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required Vice President Kamala Harris to cast a tie breaking vote,

417
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which is very unusual. They usually get confirmed unanimously. In

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00:23:40,640 --> 00:23:46,279
twenty twenty two, investigative journalist Christopher Brunette pointed out that

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despite billing herself as a macroeconomists, sorry, a macro economist,

420
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Cook never published a peer reviewed macroeconomics article and had

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00:23:57,880 --> 00:24:02,640
misrepresented her publication history in her CV or her resume.

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00:24:03,640 --> 00:24:06,519
In a series of academic papers spanning more than a decade.

423
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Cook appears to also have copied language from other scholars

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00:24:11,079 --> 00:24:14,880
without proper quotation and duplicated her own work, and that

425
00:24:15,079 --> 00:24:20,000
of co authors in multiple academic journals without proper attribution.

426
00:24:24,720 --> 00:24:29,240
This is a fantastic nominee by Joe Biden. Huh. The

427
00:24:29,400 --> 00:24:33,480
FED has seven governors. One of those slots is currently vacant.

428
00:24:33,880 --> 00:24:36,400
So you got jer own Powell appointed by Trump. His

429
00:24:36,519 --> 00:24:41,240
term ends in twenty twenty eight. Philip Jefferson Biden appointee.

430
00:24:41,799 --> 00:24:45,519
His term goes through twenty thirty six. Michelle Bowman I

431
00:24:45,559 --> 00:24:50,039
believe the former congresswoman appointed by Trump. Her term goes

432
00:24:50,079 --> 00:24:55,319
through twenty thirty four. Christopher Waller trump appointment. His tenure

433
00:24:55,359 --> 00:24:58,680
goes through twenty thirty Lisa Cook, Her term expires in

434
00:24:58,720 --> 00:25:03,720
twenty thirty eight. Michael Barr Biden appointee through twenty thirty two.

435
00:25:03,880 --> 00:25:06,359
And then there's the vacancy. But there's a guy named

436
00:25:06,400 --> 00:25:10,920
Steven Moran who has been nominated but not yet confirmed.

437
00:25:11,119 --> 00:25:14,359
So why is this important? I will tell you in

438
00:25:14,400 --> 00:25:16,039
a moment. All right, you hear me talk a lot

439
00:25:16,039 --> 00:25:19,720
about incentives, right, Well, let's talk about incentive trips, the

440
00:25:19,839 --> 00:25:22,599
kind that companies offer employees to fire them up and

441
00:25:22,680 --> 00:25:25,240
reward their teams. If you own a business or you

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work somewhere that offers these incentive trips, first off, good

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for you, but also there is a custom app that's

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a game changer for these trips. It's called incentive Tripkit.

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Private group messaging, shared photos, you're itinerary, travel details, all

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built into a single, easy to use app. There's even

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a traveler locator so Carl from Accounting doesn't get left behind.

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The best part about incentive trip Kit it's totally private.

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Tripkit turns those highlights into a profect storytelling video. So

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think about it. When you launch next year's incentive trip campaign,

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that video becomes your greatest motivator. Talk about a return

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on investment. Right, You got to check out incentive trip

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great trips deserve even better returns from the text line

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driven by a liberty buick GMC. This from Danny. This

458
00:26:27,279 --> 00:26:30,799
mortgage fraud scheme is another example of the hypocrisy of

459
00:26:30,839 --> 00:26:34,079
political norms. Run them up in this country. The very

460
00:26:34,119 --> 00:26:37,519
people who should be held to an even higher standard

461
00:26:37,559 --> 00:26:40,119
than the general public because they are in positions of

462
00:26:40,160 --> 00:26:43,839
influence over that same general public want us to look

463
00:26:43,880 --> 00:26:47,079
the other way for them, but we'll use the bully

464
00:26:47,079 --> 00:26:52,119
pulpit to shame others doing the exact same thing. Yeah,

465
00:26:52,119 --> 00:26:55,000
this is the same thing that Letitia James got busted

466
00:26:55,000 --> 00:26:59,480
for after going after Trump for this mortgage stuff. She

467
00:26:59,599 --> 00:27:03,519
got for it, right. She went after Trump for lying

468
00:27:03,559 --> 00:27:06,519
on about loan that everybody was happy with that did.

469
00:27:06,559 --> 00:27:09,400
They did all their due diligence, there were no victims,

470
00:27:10,000 --> 00:27:13,880
government wasn't harmed, nobody was harmed. And that's what she

471
00:27:13,960 --> 00:27:19,960
went after Trump over. And then she's accused of doing

472
00:27:20,680 --> 00:27:24,240
the same thing that this woman Lisa Cook who's on

473
00:27:24,279 --> 00:27:27,720
the Federal Reserve Board of Governors, that she's alleged to

474
00:27:27,759 --> 00:27:30,599
have done as well that Adam Schiff has also been

475
00:27:30,640 --> 00:27:34,200
alleged that he did the same thing, claiming multiple primary

476
00:27:34,240 --> 00:27:39,039
residences in order to get favorable mortgage rates. It's illegal,

477
00:27:39,200 --> 00:27:43,920
you can't do it, it's perjury. You're signing an affidavit,

478
00:27:43,599 --> 00:27:51,680
you're attesting to the veracity of your application claims. And

479
00:27:51,759 --> 00:27:56,079
what they're outrage what marilynd Moseby remember her out of Maryland.

480
00:27:56,519 --> 00:27:58,839
Was she the attorney general. I think she went after

481
00:27:58,839 --> 00:28:05,960
Trump too. It's like there's a pattern here people. Bill Poulti,

482
00:28:07,400 --> 00:28:12,839
who is the Federal Housing Finance Agency Director, he was

483
00:28:12,880 --> 00:28:17,119
on CNBC. I've got two more clips. He said that

484
00:28:17,640 --> 00:28:20,480
they make referrals to the Department of Justice for this

485
00:28:20,559 --> 00:28:22,279
kind of thing. They do this all the time.

486
00:28:22,519 --> 00:28:24,519
Speaker 4: And I'll tell you one thing, Carl, you ask how

487
00:28:24,519 --> 00:28:26,480
it covers my desk, cross my desk. I think a

488
00:28:26,519 --> 00:28:28,319
lot of people look the other way when stuff would

489
00:28:28,359 --> 00:28:30,519
cross their desk. It doesn't matter who you are. If

490
00:28:30,519 --> 00:28:32,279
it comes across our desk and we see it, we're

491
00:28:32,279 --> 00:28:33,880
going to look at it. And when we open up

492
00:28:33,880 --> 00:28:36,839
a tip line, Carl, the floodgates opened. And I'm sorry

493
00:28:36,839 --> 00:28:40,799
to say for politicians, but politicians unfortunately sometimes think that

494
00:28:40,839 --> 00:28:43,680
they're above the law. And no one is above the law.

495
00:28:43,759 --> 00:28:45,599
And if we see politicians doing it, they're going to

496
00:28:45,640 --> 00:28:48,039
get treated just like everybody else. I mean, Carl, the

497
00:28:48,119 --> 00:28:50,200
DOJ often prosecutes people for this.

498
00:28:50,319 --> 00:28:54,160
Speaker 1: Very crime precisely. But did you hear what he said there?

499
00:28:54,680 --> 00:28:58,160
When they opened up a tip line, it opened the floodgates.

500
00:28:59,359 --> 00:29:03,759
Because all of the stuff, this is all public information.

501
00:29:05,119 --> 00:29:08,880
This happens every day. He said, politicians and the elites

502
00:29:08,960 --> 00:29:11,799
are just shocked when it happens to them.

503
00:29:12,039 --> 00:29:14,880
Speaker 4: If you commit a crime and you have a reasonable

504
00:29:15,119 --> 00:29:17,480
suspicion that somebody is committing a crime, that is cause.

505
00:29:17,559 --> 00:29:19,960
I mean, I don't know what cause is. If that's

506
00:29:20,000 --> 00:29:23,079
not caused. I mean, this lady, I don't understand how

507
00:29:23,119 --> 00:29:24,839
she can be in charge of setting interest rates for

508
00:29:24,880 --> 00:29:28,000
our country and here she is potentially lying on her

509
00:29:28,000 --> 00:29:31,880
applications to get better interest rates. Like, you know, we

510
00:29:31,960 --> 00:29:34,160
have a huge economy. Why are we letting somebody like

511
00:29:34,200 --> 00:29:36,920
this do this? She needs to explain herself, but unfortunately

512
00:29:37,240 --> 00:29:38,839
it's in black and white, and I don't think it's

513
00:29:38,880 --> 00:29:41,839
going away, And think, to be honest, I think she

514
00:29:41,880 --> 00:29:42,920
needs to resign quickly.

515
00:29:44,920 --> 00:29:50,519
Speaker 1: In both cases with Schiff and Leticia James, they bought property,

516
00:29:50,759 --> 00:29:54,119
they certified it as their primary residence, they got the

517
00:29:54,160 --> 00:29:57,400
better loan terms, and in both cases they apparently lied.

518
00:29:57,559 --> 00:30:03,039
In Leticia James's case, the paper trail shows she deliberately lied.

519
00:30:05,279 --> 00:30:08,200
Now with this woman Lisa Cook on the Federal Reserve,

520
00:30:09,400 --> 00:30:14,160
why does this matter and why are people saying that

521
00:30:14,279 --> 00:30:19,319
this is you know, political retribution, authoritarian stuff? Whatever? Okay,

522
00:30:19,359 --> 00:30:24,359
First off, if the allegations are true, then it's not weaponization.

523
00:30:24,519 --> 00:30:27,279
It's not lawfair, it's not authoritarianism. It is enforcing the

524
00:30:27,359 --> 00:30:30,759
law right. And if it came in via tip on

525
00:30:30,799 --> 00:30:34,200
a tip line, they looked at it. Public documents show it.

526
00:30:34,920 --> 00:30:37,640
Then you refer to the DOJ. You don't get special

527
00:30:37,640 --> 00:30:40,039
treatment because you're on the federal Reserve. That's what the

528
00:30:40,160 --> 00:30:44,119
rule of law means. Now. One of the downstream effects

529
00:30:44,119 --> 00:30:48,960
of this, though, is that there's a vacancy that's about

530
00:30:48,960 --> 00:30:52,039
to be filled. You've got seven members on the board,

531
00:30:52,079 --> 00:30:59,000
and the board determines the interest rates, and Donald Trump

532
00:30:59,079 --> 00:31:02,200
has been saying he wants the interest rate to drop.

533
00:31:02,640 --> 00:31:11,119
Jerome Powell, who Trump appointed, has resisted this. And there

534
00:31:11,160 --> 00:31:16,519
was a vote at the last meeting and there were

535
00:31:16,519 --> 00:31:21,480
two votes to drop it and what four or four

536
00:31:21,559 --> 00:31:26,599
votes to keep it at its current level. Cook was

537
00:31:26,640 --> 00:31:28,680
one of the votes to keep it at its current level.

538
00:31:29,279 --> 00:31:33,519
If she gets removed, now you have another vacancy, which

539
00:31:33,559 --> 00:31:35,839
means you have two people on the board that want

540
00:31:35,839 --> 00:31:39,119
to drop the rate. You have two vacancies. Then that

541
00:31:39,160 --> 00:31:41,119
Trump makes those appointments, one of them is about to

542
00:31:41,160 --> 00:31:45,680
be confirmed. So if Trump gets another person on that board,

543
00:31:45,759 --> 00:31:50,359
he's got four votes to drop interest rates. And I

544
00:31:50,559 --> 00:31:55,319
just heard today driving in Jerome Powell now citing economic data,

545
00:31:56,039 --> 00:32:01,079
is open to cutting the interest rates. Chris, welcome to

546
00:32:01,119 --> 00:32:01,440
the show.

547
00:32:01,440 --> 00:32:06,839
Speaker 5: Hello, Chris hey Man, Happy weekend.

548
00:32:06,440 --> 00:32:07,880
Speaker 1: For you, Yes, sir, Yeah you too.

549
00:32:08,119 --> 00:32:09,119
Speaker 4: Hey Hey.

550
00:32:09,160 --> 00:32:12,160
Speaker 5: I was going to say, I mean, you know, you

551
00:32:12,240 --> 00:32:16,359
got three black women that are Democrats, and I'm wondering

552
00:32:16,440 --> 00:32:18,440
are they going to get the same treatment that Adam

553
00:32:18,480 --> 00:32:19,200
Shipp will get.

554
00:32:20,640 --> 00:32:22,720
Speaker 1: That's a good question. I don't know if race plays

555
00:32:22,759 --> 00:32:24,920
any role in this, but you are. I never mentioned

556
00:32:24,920 --> 00:32:27,920
Lisa Cook's race, but she is a black female Democrat,

557
00:32:28,279 --> 00:32:30,000
as is Letitia James.

558
00:32:30,839 --> 00:32:33,759
Speaker 3: Ed Moseley and Mo. Yeah.

559
00:32:33,880 --> 00:32:37,480
Speaker 5: Oh, and if I may use your phraseology of Jim

560
00:32:37,599 --> 00:32:43,000
Zaki back to your first hour about Bolton. Yeah, unfortunately,

561
00:32:43,960 --> 00:32:48,839
my remote turn to Morning Joe today. Right, no, listen.

562
00:32:49,559 --> 00:32:55,400
It is hilarious how they were spinning the invasion of

563
00:32:56,680 --> 00:33:00,640
Bolton's house, right, you know, I think it was Stone.

564
00:33:00,680 --> 00:33:04,480
Didn't Roger Stone get yepo marched out of his house

565
00:33:04,519 --> 00:33:07,480
about six o'clock in the morning or his door busted down?

566
00:33:07,599 --> 00:33:10,400
Speaker 1: He did? Indeed, And in fact, what an ABC reporter

567
00:33:10,519 --> 00:33:13,480
or CNN was there live streaming it the entire time

568
00:33:13,519 --> 00:33:15,160
they got tipped off that it was going to happen.

569
00:33:16,039 --> 00:33:19,200
Speaker 5: Oh well, they said they were just driving to the neighborhood.

570
00:33:19,200 --> 00:33:22,920
Look what we found. Yeah, But the funny part about

571
00:33:22,960 --> 00:33:25,799
it is they were bringing legal people on here. Pete

572
00:33:26,039 --> 00:33:29,640
on their show talking about is this Donald Trump's retribution?

573
00:33:30,079 --> 00:33:31,559
You damn right? Retribution?

574
00:33:31,720 --> 00:33:31,799
Speaker 2: Right?

575
00:33:32,200 --> 00:33:35,599
Speaker 1: So if you asked that question, is this retribution or

576
00:33:35,599 --> 00:33:38,680
if you make the allegation, I think it's incumbent for

577
00:33:38,720 --> 00:33:45,440
you to say retribution for what? Yeah, right, Like, obviously

578
00:33:45,519 --> 00:33:49,519
he feels like he's been done dirty. What exactly would

579
00:33:49,519 --> 00:33:53,039
he be engaging in retribution against you for in the

580
00:33:53,039 --> 00:33:55,759
first place, Chris, it's a great point. I appreciate it.

581
00:33:56,240 --> 00:33:59,359
Thanks for the call. All right, that'll do it for

582
00:33:59,400 --> 00:34:02,079
this episode. Thank you so much for listening. I could

583
00:34:02,079 --> 00:34:04,359
not do the show without your support and the support

584
00:34:04,359 --> 00:34:07,240
of the businesses that advertise on the podcast, So if

585
00:34:07,240 --> 00:34:09,280
you'd like, please support them too and tell them you

586
00:34:09,320 --> 00:34:11,400
heard it here. You can also become a patron at

587
00:34:11,400 --> 00:34:15,480
my Patreon page or go to thepetecleanershow dot com. Again,

588
00:34:15,719 --> 00:34:18,280
thank you so much for listening, and don't break anything

589
00:34:18,280 --> 00:34:19,639
while I'm gone.

