1 00:00:23,839 --> 00:00:27,879 Speaker 1: And hello, how are you welcome? Welcome to the Big 2 00:00:27,960 --> 00:00:31,640 Podcast on this Friday. Today's the fifth day of June, 3 00:00:32,479 --> 00:00:35,520 year of our lower twenty twenty six. My name is 4 00:00:35,560 --> 00:00:41,159 Tom Sullivan, and so actually pretty busy Friday. They've been 5 00:00:41,200 --> 00:00:46,039 that way lately. We've got the others. They're still yeah, 6 00:00:46,039 --> 00:00:50,119 they're still counting out in California. It's the election was 7 00:00:50,119 --> 00:00:54,799 on Tuesday. But hey, no rush there. We've got the 8 00:00:54,880 --> 00:00:57,719 latest on the jobs report for the month of May 9 00:00:57,880 --> 00:01:02,960 came out this morning. Update on Iran. But I want 10 00:01:03,000 --> 00:01:07,840 to start. Oh, and Graham Plattner getting a lot of 11 00:01:07,879 --> 00:01:12,480 attention on the news wheel today because Maine is having 12 00:01:12,640 --> 00:01:16,400 their primary on Tuesday. So as you get down toward 13 00:01:16,480 --> 00:01:20,359 election day, all of a sudden, all the opposition research 14 00:01:20,560 --> 00:01:23,200 comes out, and there's a lot of it. But I 15 00:01:23,280 --> 00:01:28,560 want to start with Bill Poulty. The ruckus about Bill 16 00:01:28,599 --> 00:01:34,480 Poulty is still very pronounced because of the fact that 17 00:01:34,599 --> 00:01:38,760 he was picked by the President to be the office 18 00:01:38,840 --> 00:01:43,840 the Director of the Office of National Intelligence, and Wall 19 00:01:43,879 --> 00:01:48,359 Street Journal interviewed the President today and asked him, why 20 00:01:48,359 --> 00:01:50,680 did you pick this guy? He doesn't have any background 21 00:01:51,239 --> 00:01:55,920 at all in intelligence none. He came from from the 22 00:01:55,959 --> 00:02:01,400 housing industry, and he seems to cause problem wherever he goes. 23 00:02:01,480 --> 00:02:09,120 But the President said that he hired Bill Poulty and 24 00:02:09,159 --> 00:02:13,960 he wants him to be there temporarily, whatever that means. 25 00:02:14,120 --> 00:02:17,080 But he hired him to be for the reason of 26 00:02:17,400 --> 00:02:22,120 be firing a large number of employees as part of 27 00:02:22,240 --> 00:02:26,639 a shakeup of the US Intelligence Committee, and that he 28 00:02:26,759 --> 00:02:33,039 also wants him to basically declassify and release a lot 29 00:02:33,080 --> 00:02:38,360 of classified documents. So this gets interesting because I'm all 30 00:02:38,400 --> 00:02:41,080 for shrinking government. I think there's a lot of bloat, 31 00:02:41,280 --> 00:02:45,560 and I would imagine that in the eighteen intelligence agencies 32 00:02:45,599 --> 00:02:49,840 that Bill Poulty will be overseen, there's probably a lot 33 00:02:49,879 --> 00:02:54,080 of bloat. So if he is hired, asked that who 34 00:02:54,199 --> 00:02:56,319 was it yesterday? He called him a hitman. It's kind 35 00:02:56,319 --> 00:02:59,000 of what he is. He's a hatchet guy, hatchet man, 36 00:02:59,080 --> 00:03:01,639 and he's going to be going in there and cutting 37 00:03:02,680 --> 00:03:07,960 and trimming down our national intelligence units to be much 38 00:03:08,080 --> 00:03:12,960 much smaller. So the President told Wall Street Journal he says, 39 00:03:13,000 --> 00:03:15,039 I'd like to see it smaller. I think there are 40 00:03:15,080 --> 00:03:17,599 a lot of people in there that should not be there, 41 00:03:18,879 --> 00:03:23,400 and that he wants him to start the process. Remember, 42 00:03:23,479 --> 00:03:26,599 the President from the day he was elected Trump one 43 00:03:26,639 --> 00:03:32,520 point zero. He has not liked the intelligence units, he 44 00:03:32,560 --> 00:03:35,879 has not liked the FBI, he hasn't liked the CIA. 45 00:03:35,960 --> 00:03:39,120 He doesn't like any of those because of the fact 46 00:03:39,520 --> 00:03:44,039 that they were involved in Russia, Russia, Russia, and he 47 00:03:44,080 --> 00:03:48,639 has never forgotten it. And he also one thing he 48 00:03:48,680 --> 00:03:52,919 has never forgotten, and he has stayed staunchly in the 49 00:03:52,960 --> 00:03:56,039 story of the twenty twenty election, that it was rigged, 50 00:03:56,599 --> 00:04:00,199 it was stolen. And immediately a lot of people him 51 00:04:00,199 --> 00:04:04,639 out and say, uh, there's no there's no evidence of that. Well, 52 00:04:04,680 --> 00:04:06,759 I think what this is is he's going to have 53 00:04:06,879 --> 00:04:10,639 Bill Poulty try and go in and release a lot 54 00:04:10,639 --> 00:04:16,759 of the national intelligence that was done about Trump and 55 00:04:16,839 --> 00:04:20,680 the accusations of him being involved with Russia, and he's 56 00:04:20,720 --> 00:04:23,800 going to unveil whatever it was that the CIA or 57 00:04:23,839 --> 00:04:27,279 the FBI, the files, what they said, what they found. 58 00:04:27,360 --> 00:04:31,279 I know we had the Mueller investigation, but this is 59 00:04:31,600 --> 00:04:34,800 going to be I think what President Trump wants him 60 00:04:34,839 --> 00:04:39,199 to do. So stand by, I mean buckle buckle up 61 00:04:39,199 --> 00:04:40,720 a little bit, because I think this is going to 62 00:04:40,759 --> 00:04:42,959 be kind of wild. So the guy who did the 63 00:04:43,000 --> 00:04:47,759 interview for the Wall Street Journal is Brian Schwartz, and 64 00:04:48,680 --> 00:04:52,839 this is his recount of how the interview went today. 65 00:04:52,959 --> 00:04:55,160 Speaker 2: I don't think he's really thinking too deeply into the stake, 66 00:04:55,199 --> 00:04:57,000 because I think he's looking at the person that he's 67 00:04:57,000 --> 00:05:00,160 selected for this job. And Bill Poulty now the acting 68 00:05:00,680 --> 00:05:04,079 head of this Office of National Intelligence, and thinking what 69 00:05:04,240 --> 00:05:06,920 he did at the Federal Housing Agency where he cut 70 00:05:07,120 --> 00:05:09,519 over one hundred employees, and he believes that he can 71 00:05:09,560 --> 00:05:12,160 take that same model and bring it right into that 72 00:05:12,199 --> 00:05:15,199 same pivotal office. And of course it's the Director of 73 00:05:15,279 --> 00:05:19,079 National Intelligence. He's overseeing what eighteen or so agencies and 74 00:05:19,120 --> 00:05:23,959 different divisions that are for our intelligence gatherings. And the 75 00:05:24,000 --> 00:05:26,839 President made very clear to me that the message she 76 00:05:26,920 --> 00:05:29,360 gave to Bill Poulti was he believed it was time 77 00:05:29,399 --> 00:05:32,720 to winnow down that that agency and it was time 78 00:05:32,759 --> 00:05:35,879 to really start looking at further cuts to personnel. And 79 00:05:35,959 --> 00:05:37,839 it's going to be really interesting to see how far 80 00:05:38,000 --> 00:05:39,920 Poulty is willing to go. But based on his track 81 00:05:39,959 --> 00:05:41,439 record that we at the Wall Street Journal have been 82 00:05:41,439 --> 00:05:44,360 covering extensively for almost two years, this is kind of 83 00:05:44,399 --> 00:05:47,839 his poltice moo. This is what he does in part 84 00:05:48,160 --> 00:05:49,959 over at the Federal Housing agency itself. 85 00:05:51,439 --> 00:05:54,079 Speaker 1: Yeah, that's why he's not like because he's a hatchemn. 86 00:05:54,399 --> 00:05:59,360 He goes in and fires a bunch of people. You 87 00:05:59,439 --> 00:06:02,519 think you think Elon Musk fired a lot of people 88 00:06:02,519 --> 00:06:04,879 on when he had Doge. Well, this is kind of 89 00:06:04,920 --> 00:06:08,959 a more specific example of it. But again it is 90 00:06:10,920 --> 00:06:15,160 there's some animosity between the president and our national intelligence services. 91 00:06:15,519 --> 00:06:17,680 So Paulty is the guy, and he wants him to 92 00:06:17,720 --> 00:06:19,839 go in there, not because of his intelligence, he has 93 00:06:19,879 --> 00:06:22,439 no intelligence background. He wants them to go in there 94 00:06:22,480 --> 00:06:25,560 and basically fire a lot of people in our national 95 00:06:25,600 --> 00:06:27,199 intelligence units. 96 00:06:27,199 --> 00:06:29,120 Speaker 2: Similar things that we've been wondering at the Journal ourselves. 97 00:06:29,160 --> 00:06:31,879 Why is he going with Poulty in this acting role. Well, 98 00:06:31,879 --> 00:06:33,800 it turns out at least it seems like that was 99 00:06:33,879 --> 00:06:36,879 by in design. It was basically, you know, to put 100 00:06:36,920 --> 00:06:39,439 him in there so we can be unshackled. And so 101 00:06:40,079 --> 00:06:42,040 Congress will of course have oversight in a way over this, 102 00:06:42,079 --> 00:06:44,360 but there's not going to be some confirmation bow over 103 00:06:44,399 --> 00:06:47,120 his actions or anything the President says that he expects 104 00:06:47,160 --> 00:06:48,800 him to do. And of course for the White House 105 00:06:48,879 --> 00:06:51,439 or the President for Paulty, that's a big bonus if 106 00:06:51,480 --> 00:06:54,720 they're going to go after people within the intelligence apparatus 107 00:06:54,759 --> 00:06:57,360 the United States, and I think you're going to see 108 00:06:57,360 --> 00:06:59,959 a lot more outcry from those same Republicans on the Hill. 109 00:07:00,240 --> 00:07:02,639 But I'll also point out, right before I came on here, 110 00:07:02,959 --> 00:07:05,879 Tom Cotton put out a social media post making it 111 00:07:06,000 --> 00:07:07,839 very clear, of course, you know how important he is 112 00:07:07,839 --> 00:07:11,360 in the intelligence world Trump's world, that he supports pretty 113 00:07:11,399 --> 00:07:13,639 much everything the President told us that he expects Bill 114 00:07:13,680 --> 00:07:16,160 Poulty to do. So it'll be fascina and see where 115 00:07:16,199 --> 00:07:17,600 everybody lands on this on the Hill. 116 00:07:17,839 --> 00:07:21,680 Speaker 1: Well, Tom Cotton, obviously, if he's supporting it, he must 117 00:07:21,720 --> 00:07:24,519 be supporting the fact that the intelligence units are bloated, 118 00:07:24,959 --> 00:07:28,399 that they just have a lot of people. So well, 119 00:07:28,439 --> 00:07:29,480 back to Brian Schwartz, I. 120 00:07:29,439 --> 00:07:31,480 Speaker 2: Think it's it's kind of a little bit of both. 121 00:07:31,560 --> 00:07:31,720 Speaker 3: Right. 122 00:07:31,800 --> 00:07:33,759 Speaker 2: He did tell me that he believes that there are 123 00:07:33,759 --> 00:07:35,839 people there who should not be there, and then he 124 00:07:35,879 --> 00:07:39,480 started talked about, you know, paste past administrations and the 125 00:07:39,480 --> 00:07:43,720 people in that office from those administrations working national intelligence, 126 00:07:43,839 --> 00:07:45,759 that they should not be there as well. But I 127 00:07:45,800 --> 00:07:47,600 do think there's this kind of there's a bit of 128 00:07:47,680 --> 00:07:50,399 him that is thinking about that kind of so called 129 00:07:50,399 --> 00:07:53,319 deep state that's still in his mind. Something he really 130 00:07:53,360 --> 00:07:56,360 does believe in looking back into his past political career 131 00:07:56,360 --> 00:07:58,079 and how that's so called you know, peace of the 132 00:07:58,120 --> 00:08:00,639 intelligence world may have impacted him in sof way, and 133 00:08:00,680 --> 00:08:02,680 I think that's still in his mind greatly, and that's 134 00:08:02,720 --> 00:08:05,319 partially maybe why he's bringing Pulty to handle this for now. 135 00:08:05,480 --> 00:08:09,079 Speaker 1: Yeah, so Donald Trump, this isn't just some election thing 136 00:08:09,160 --> 00:08:13,879 that he said. He really truly wants retribution. He wants 137 00:08:13,959 --> 00:08:18,160 to go in and sort out all the people who 138 00:08:18,240 --> 00:08:21,879 have ever ever crossed his path the wrong way. And 139 00:08:22,399 --> 00:08:27,800 also he has not shaken his belief in the rigged 140 00:08:27,879 --> 00:08:30,839 twenty twenty election. According to him. 141 00:08:30,879 --> 00:08:32,679 Speaker 2: I went through a whole litany of different topics. One 142 00:08:32,679 --> 00:08:35,720 of them, of course, is the election I talked about. 143 00:08:35,879 --> 00:08:38,360 I asked him about like anything around COVID nineteen. Remember 144 00:08:38,360 --> 00:08:40,360 this was something else that got brought up after he 145 00:08:40,440 --> 00:08:43,840 was president, or questions around that, conspiratorial things around that, 146 00:08:44,440 --> 00:08:46,440 and that led to him saying what you just said, 147 00:08:46,480 --> 00:08:50,240 I want him to declassify everything. And that's something else 148 00:08:50,279 --> 00:08:53,279 to really watch here. I mean, Tolci Gabbert did that 149 00:08:53,360 --> 00:08:55,159 in a way, right, She did things around I believe 150 00:08:55,200 --> 00:08:57,360 the twenty sixteen election and the Muller Probe or things 151 00:08:57,399 --> 00:09:00,279 around that nature, maybe the larger investigations in the present 152 00:09:00,360 --> 00:09:03,840 that time. And now it appears the President wants Poulty 153 00:09:03,919 --> 00:09:04,840 to go much further than that. 154 00:09:05,240 --> 00:09:08,720 Speaker 1: So, reading from some of the article that Brian Schwartz 155 00:09:08,759 --> 00:09:12,159 wrote for the Journal today, he quotes the President of saying, frankly, 156 00:09:12,559 --> 00:09:14,120 it might be good for him to shake it up 157 00:09:14,159 --> 00:09:17,159 before people come, because if A Pulty reduced the size 158 00:09:17,200 --> 00:09:20,600 in conjunction with me and in conjunction with possibly the 159 00:09:20,639 --> 00:09:23,000 person coming in, he can do a lot of the 160 00:09:23,039 --> 00:09:25,399 hard work and we wouldn't have to saddle somebody that 161 00:09:25,519 --> 00:09:28,799 goes in. So the President is really looking at Pulty 162 00:09:28,879 --> 00:09:32,240 as a hit man. Go in, take out a lot 163 00:09:32,240 --> 00:09:37,720 of people, disclose a lot of classified documents, and then 164 00:09:37,759 --> 00:09:40,159 we'll get somebody else to come in and become the 165 00:09:40,200 --> 00:09:44,519 head of the national intelligence Last well, a couple days ago, 166 00:09:44,919 --> 00:09:47,519 the Senate Majority Leader John Thune said, we don't need 167 00:09:47,559 --> 00:09:55,320 a weaponized DNI. But this is complicating a push to 168 00:09:55,399 --> 00:10:00,679 reauthorize the powerful surveillance program section seven h two of 169 00:10:00,759 --> 00:10:05,480 the Foreign Intelligence Surveillance Act. So the Senate is supposed 170 00:10:05,480 --> 00:10:09,480 to move forward on reauthorizing this program, but it failed 171 00:10:09,919 --> 00:10:13,080 because a lot of the senators are concerned about the 172 00:10:13,159 --> 00:10:16,960 role that Poultie will have. So it's shaking up an 173 00:10:17,000 --> 00:10:21,480 awful lot in Washington. But the President gets to pick 174 00:10:21,519 --> 00:10:24,320 whoever he wants, and this guy is not subject to 175 00:10:24,320 --> 00:10:27,039 Senate confirmation because of the fact he's only going to 176 00:10:27,080 --> 00:10:32,320 be an acting Director of National Intelligence. But again, on 177 00:10:32,480 --> 00:10:37,279 releasing classified documents, just buckle up, That's all I can say. 178 00:10:37,799 --> 00:10:41,960 Now on to another controversial character, and that's this Graham Plattner, 179 00:10:42,679 --> 00:10:47,960 who is an oyster fisherman in Maine. And you know, 180 00:10:48,200 --> 00:10:51,240 if the opposition research has dirt on you, they're going 181 00:10:51,279 --> 00:10:54,960 to release it pretty close to election day. Well, the primary, 182 00:10:55,159 --> 00:10:58,759 like I said, is Tuesday in Maine, and so all 183 00:10:58,799 --> 00:11:01,120 the dirt on Graham platter Ner is coming out. There's 184 00:11:01,159 --> 00:11:04,279 a bunch of women that have come forward, and New 185 00:11:04,360 --> 00:11:09,039 York Times did an extensive article about the women and 186 00:11:10,559 --> 00:11:12,879 about half of there's about a dozen of about half 187 00:11:12,879 --> 00:11:16,120 of them said no big deal. The other half said 188 00:11:16,120 --> 00:11:22,559 that this guy scared them and was said sexually aggressive things. 189 00:11:22,720 --> 00:11:27,159 And in any case, you throw sex into it, and 190 00:11:27,200 --> 00:11:30,120 you throw a bunch of women coming forward, and you've 191 00:11:30,120 --> 00:11:33,639 got opposition research and they're going to paint this guy 192 00:11:33,679 --> 00:11:38,679 to be the worst guy ever. What's actually it's not humorous. 193 00:11:39,240 --> 00:11:44,320 But I find it ironic that the Republicans are going, 194 00:11:44,399 --> 00:11:50,240 how could you, Democrats? How could you possibly nominate this guy? 195 00:11:50,759 --> 00:11:53,519 How could you possibly you? Democrats? In May? How could 196 00:11:53,559 --> 00:11:56,679 you vote for this guy? In fact, this goes back 197 00:11:57,080 --> 00:12:01,039 to when Kavanaugh was up for being nominated to be 198 00:12:01,039 --> 00:12:04,120 a Supreme Court justice. Let me just play a clip 199 00:12:04,720 --> 00:12:10,840 of Schumer and Kristen Gillibrand and anyway, a bunch of 200 00:12:10,919 --> 00:12:16,159 Democrats talking about how you must respect women's complaints. 201 00:12:16,600 --> 00:12:21,000 Speaker 4: For too long, women have made serious allegations of abuse 202 00:12:21,879 --> 00:12:24,240 and have been ignored or dragged through the mud. 203 00:12:24,320 --> 00:12:26,360 Speaker 1: The question is do we value women? And that's the 204 00:12:26,399 --> 00:12:27,320 fundamental question. 205 00:12:27,440 --> 00:12:28,279 Speaker 2: Do we believe women? 206 00:12:28,480 --> 00:12:33,120 Speaker 1: I believe her. I believe doctor Ford. I still believe her. 207 00:12:33,279 --> 00:12:36,120 She has the courage to come forward. 208 00:12:36,279 --> 00:12:37,240 Speaker 5: She has nothing the gang. 209 00:12:37,279 --> 00:12:38,559 Speaker 6: I just want to say to the men of this 210 00:12:38,600 --> 00:12:42,159 country to shut up and step up, do the right 211 00:12:42,200 --> 00:12:43,720 thing for a change. 212 00:12:44,279 --> 00:12:47,320 Speaker 1: So they were outraged about the women that came forward, 213 00:12:47,840 --> 00:12:52,159 pointing at Kavanaugh. So what was her name, doctor Ford? 214 00:12:52,399 --> 00:12:54,919 So in any case, now the shoe is on the 215 00:12:54,960 --> 00:12:59,759 other foot and they're basically protecting Platner and Roe Conna 216 00:13:00,200 --> 00:13:02,799 is going to be I think tonight maybe. If not tonight, 217 00:13:02,799 --> 00:13:07,759 it's tomorrow going to be in Maine basically campaigning with Platner. 218 00:13:08,279 --> 00:13:10,919 But the other part that makes this, like I said, 219 00:13:10,960 --> 00:13:15,519 somewhat ironic is Republicans are just outraged about this guy 220 00:13:15,960 --> 00:13:19,080 who's a Democrat, and yet at the same time, the 221 00:13:19,120 --> 00:13:23,720 Democrats just two weeks ago were outraged about Ken Paxton 222 00:13:24,559 --> 00:13:27,279 being the He's the Attorney General of Texas that has 223 00:13:27,399 --> 00:13:31,519 won over John Cornyn to be the Republican nominee for 224 00:13:31,600 --> 00:13:35,080 the US Senate from Texas, and he's got a checkered 225 00:13:35,120 --> 00:13:40,279 path and involving women, and so take your pick, and 226 00:13:40,320 --> 00:13:44,519 it just makes you wonder, this is the best we 227 00:13:44,600 --> 00:13:50,000 can find. I mean, I'm I'm not looking to look 228 00:13:50,159 --> 00:13:53,440 up on some pedestal for senators, but uh gosh, they 229 00:13:53,440 --> 00:13:57,159 should be somewhat decent people. So listen to this guy. 230 00:13:57,279 --> 00:14:04,279 His name is Alex Sites, and he has a newspaper 231 00:14:04,960 --> 00:14:09,559 in Maine called The Mid Coast Villager. So he tells 232 00:14:09,559 --> 00:14:13,480 a story about the fact that he's got a cafe 233 00:14:13,960 --> 00:14:17,799 below his newspaper office, and he goes down there to 234 00:14:17,840 --> 00:14:22,559 get a feel of the pulse of the community. Listen 235 00:14:22,600 --> 00:14:25,919 to what he says about the women, and they're talking 236 00:14:25,919 --> 00:14:27,799 about whether they're going to vote for Platin or not. 237 00:14:28,240 --> 00:14:31,399 Speaker 5: What I'm hearing is that partisanship is a very powerful 238 00:14:31,440 --> 00:14:35,320 force in American politics, no surprise, but it's amazing to 239 00:14:35,360 --> 00:14:38,559 see it happening here. My newspaper, the Mid Coast Villager 240 00:14:38,639 --> 00:14:41,679 and Camden, Maine. We have a cafe that's right beneath 241 00:14:41,799 --> 00:14:44,080 our newsroom where I'm talking to you from right now, 242 00:14:44,279 --> 00:14:46,840 and every Friday morning we have open office hours where 243 00:14:46,879 --> 00:14:49,600 the public can come and talk to editors, pitch stories, 244 00:14:50,080 --> 00:14:52,720 complain about a headline. And this morning I was down 245 00:14:52,799 --> 00:14:55,440 there and of course this came up. We had four women, 246 00:14:55,480 --> 00:14:58,759 so I wanted their take, all four of them left leaning. 247 00:14:59,159 --> 00:15:01,679 They read the c Bridge. They don't think it's fake, 248 00:15:01,799 --> 00:15:05,360 They believe it. They found his behavior gross, as one 249 00:15:05,399 --> 00:15:07,879 put it, ikey is another put it, And they really 250 00:15:07,919 --> 00:15:11,000 didn't like what he's doing to his wife, putting her 251 00:15:11,080 --> 00:15:13,039 through this as they perceived it, And they didn't like 252 00:15:13,080 --> 00:15:16,240 the way that he is kind of casting aspersions on 253 00:15:16,279 --> 00:15:19,679 the media or as they felt, not really taking ownership. 254 00:15:20,000 --> 00:15:22,399 That said, despite all that, one of them was about 255 00:15:22,440 --> 00:15:24,799 to go leave and vote early for Grant Platner in 256 00:15:24,960 --> 00:15:27,480 Tuesday's primary, and all four of them said that they 257 00:15:27,480 --> 00:15:30,679 were sticking with him. They want to beat Susan Collins. 258 00:15:30,759 --> 00:15:33,559 They think the stakes are so high for control of 259 00:15:33,600 --> 00:15:37,279 the Senate for Supreme Court justices, and they feel like 260 00:15:37,399 --> 00:15:41,240 Platner is their only and best choice to do that. 261 00:15:42,200 --> 00:15:44,360 There is a provision in Maine state law where the 262 00:15:44,399 --> 00:15:47,679 nominee could be replaced, but he would have to drop 263 00:15:47,720 --> 00:15:50,360 out by July thirteenth, and there's so far no indication 264 00:15:50,840 --> 00:15:54,320 that that's going to happen. But they're uncomfortable with this. 265 00:15:54,519 --> 00:15:57,080 They are worried that there's another shoe that's going to drop. 266 00:15:57,480 --> 00:16:01,600 And Susan Collins wins this state by winning ticket splitters. 267 00:16:01,639 --> 00:16:04,960 In twenty twenty, she won about fifty seven thousand votes 268 00:16:05,000 --> 00:16:07,200 from people who voted for Joe Biden at the top 269 00:16:07,240 --> 00:16:09,080 of the ticket and then moved down the ballot and 270 00:16:09,200 --> 00:16:13,080 voted for her. So she doesn't need that many Democrats 271 00:16:13,159 --> 00:16:16,919 to break from Graham Platner in order to still win 272 00:16:17,000 --> 00:16:17,600 in November. 273 00:16:17,759 --> 00:16:20,399 Speaker 1: Yeah, isn't that great. So the guy interviews these four 274 00:16:20,440 --> 00:16:23,320 women and they're all outraged about Graham Plattner, how terrible 275 00:16:23,320 --> 00:16:26,639 he is, how gross he is. Andy had all four 276 00:16:26,679 --> 00:16:29,679 of them said yeah, but I'm voting for him, so see. 277 00:16:29,759 --> 00:16:32,679 But then then Susan Collins people split the ticket. They 278 00:16:32,759 --> 00:16:35,919 voted for Biden but voted for her, so they did 279 00:16:35,960 --> 00:16:42,720 a Democrat Republican vote in twenty twenty four. It's well, 280 00:16:42,799 --> 00:16:46,519 Carl Roev always puts some analysis on this, and he 281 00:16:46,559 --> 00:16:49,200 speaks from the Republican side. So let's see what Carl says. 282 00:16:49,320 --> 00:16:52,480 Speaker 6: Yeah, my personal favorite is Sheldon white white House of 283 00:16:52,559 --> 00:16:57,600 Rhode Island. Wonderfully appealing, he says of Platner. Is it 284 00:16:57,639 --> 00:17:01,759 appealing the Nazi tattoo or the race postings white old blacks? 285 00:17:01,799 --> 00:17:02,000 Speaker 1: Ever? 286 00:17:02,080 --> 00:17:05,000 Speaker 6: Tip is it the question of sexual misconduct that makes 287 00:17:05,039 --> 00:17:08,400 him appealing? Is that the inflammatory Reddit postings? Is it 288 00:17:08,559 --> 00:17:13,440 him taking a noted American hero Chris Kyle and saying 289 00:17:13,920 --> 00:17:18,400 outrageous things about what he supposedly did in Iraq? I mean, 290 00:17:18,880 --> 00:17:22,920 this guy is a disaster and Democrats are stuck with him. 291 00:17:22,960 --> 00:17:26,000 White House gave him ten thousand dollars from his own 292 00:17:26,039 --> 00:17:30,359 campaign committee and gave him that wonderful go get him 293 00:17:30,559 --> 00:17:36,759 wonderfully appealing label. But Democrats are stuck the primaries next week. 294 00:17:37,119 --> 00:17:40,319 Janet Mills, the governor who got into the race early 295 00:17:40,359 --> 00:17:42,440 on and then Withdrew, is still on the ballot. But 296 00:17:43,279 --> 00:17:46,759 Maine's going to nominate in my opinion, Platner, and it's 297 00:17:46,759 --> 00:17:49,599 going to be a rough time for them in the 298 00:17:49,640 --> 00:17:50,279 fall election. 299 00:17:50,680 --> 00:17:56,200 Speaker 1: I'm with Carl. He's a bad dude, but he's probably 300 00:17:56,200 --> 00:17:58,400 going to be the nominee. He probably he has a 301 00:17:58,519 --> 00:18:01,960 very good chance of beating to and call So. But 302 00:18:02,039 --> 00:18:06,319 then again, I think Ken Paxton is a moral mess, 303 00:18:06,920 --> 00:18:08,839 but I think he's going to win as well. He'll 304 00:18:08,839 --> 00:18:12,240 be the Senator from Texas. So we'll get these people 305 00:18:12,240 --> 00:18:15,200 in the US Senate and let's we'll find out whether 306 00:18:15,279 --> 00:18:21,279 or not we find it entertaining or we are disgusted, 307 00:18:21,359 --> 00:18:27,119 whatever it might be. All Right, speaking of elections, So California, 308 00:18:27,720 --> 00:18:32,240 there's still counting. They are still counting. Here's Steve Hilton 309 00:18:32,319 --> 00:18:33,000 on the latest. 310 00:18:33,480 --> 00:18:37,519 Speaker 7: It just shows you that the competence level of government 311 00:18:37,519 --> 00:18:41,200 in California has just completely collapsed in sixteen years of 312 00:18:41,279 --> 00:18:44,519 Democrat one party rule. And it's just not another example 313 00:18:44,759 --> 00:18:47,359 of why we so desperately need change. I'm actually putting 314 00:18:47,359 --> 00:18:50,599 forward an offer to you know with some specifics that 315 00:18:50,640 --> 00:18:54,519 we that could be implemented by Gavin Newsom now to 316 00:18:54,599 --> 00:18:58,039 speed up this election, to accelerate the outcome around the world. 317 00:18:58,039 --> 00:19:00,799 They're laughing at California, saying, these guys that think that 318 00:19:00,920 --> 00:19:04,480 the head of the center of the technology revolution, AI, 319 00:19:05,240 --> 00:19:07,680 silicon value, all of these things, they're changing the world, 320 00:19:07,799 --> 00:19:09,079 but they can't run an election. 321 00:19:09,480 --> 00:19:12,359 Speaker 1: Oh, they can't run a state either. That's how befuddled 322 00:19:12,400 --> 00:19:14,559 they are about everything. I mean, if you were if 323 00:19:14,599 --> 00:19:16,119 you're going to work for a company and there's a 324 00:19:16,319 --> 00:19:19,680 you're one of fifty people and you all have projects 325 00:19:19,720 --> 00:19:22,960 you're supposed to be doing, or you're in call, you're 326 00:19:23,000 --> 00:19:26,000 in school and fifty kids in the class and you're 327 00:19:26,000 --> 00:19:30,559 supposed to take a test. Everybody's done, and you're still 328 00:19:30,599 --> 00:19:35,240 there days after days, weeks after weeks, and they think 329 00:19:35,240 --> 00:19:38,920 everything that's fine, and they got to know that they're 330 00:19:38,960 --> 00:19:43,640 doing something terribly wrong, but they just don't understand what 331 00:19:43,799 --> 00:19:49,680 a messed up state. So Shannon Breem is talking about California, 332 00:19:49,720 --> 00:19:52,279 and listen, she brings up the point that I brought 333 00:19:52,359 --> 00:19:55,519 up yesterday. The longer this sits out there, and the 334 00:19:55,799 --> 00:19:58,880 just cases and cases and truckloads and truckloads of mail 335 00:19:58,920 --> 00:20:03,400 in ballots, and the longer it goes and they find 336 00:20:03,440 --> 00:20:07,000 another truckload of ballots somewhere that, oh, we forgot about 337 00:20:07,000 --> 00:20:09,559 that one. It's going to lead to all kinds of 338 00:20:09,680 --> 00:20:15,400 questions and doubts about the validity, and it will certainly 339 00:20:15,480 --> 00:20:22,319 spurn all kinds of conspiracy stories or conspiracy theories. 340 00:20:23,319 --> 00:20:26,640 Speaker 3: Yeah, it could be, and that's why it potentially sparks 341 00:20:26,759 --> 00:20:28,680 real trouble for people who say, listen, you open the 342 00:20:28,680 --> 00:20:32,279 door to conspiracy theories and conjecture about what's actually going on. 343 00:20:32,440 --> 00:20:35,640 Wall Street Journal Editorial Board has a very interesting piece saying, listen, 344 00:20:35,720 --> 00:20:38,079 there could be nothing sinister here. But they call it 345 00:20:38,119 --> 00:20:41,480 indefensible that a state like California has not figured this out. 346 00:20:41,480 --> 00:20:43,880 When state it's like Florida, you know, election night, exactly 347 00:20:43,920 --> 00:20:47,759 what's happening. So maybe take some pointers. You know, blue states, 348 00:20:47,839 --> 00:20:51,279 red states, they're all they're laboratories of democracy. But you know, 349 00:20:51,319 --> 00:20:53,319 maybe there's a different way to do this now. Governor 350 00:20:53,359 --> 00:20:56,160 k Newsom did sign a bill last year that shortens 351 00:20:56,160 --> 00:20:58,559 and says counties have to have all their ballots counted 352 00:20:58,640 --> 00:21:01,359 in thirteen days. It used to be thirty days. But 353 00:21:01,440 --> 00:21:03,799 there are extensions too, so I don't know that that 354 00:21:03,880 --> 00:21:04,640 solves the problem. 355 00:21:04,960 --> 00:21:08,759 Speaker 1: Yeah, in business, it's called best practices. You find other 356 00:21:08,799 --> 00:21:11,480 companies that are in your industry, and the one who 357 00:21:11,599 --> 00:21:14,039 does it the best, you try to follow whatever best 358 00:21:14,039 --> 00:21:19,039 practices they use and you adopt them. We think California 359 00:21:19,119 --> 00:21:22,720 could find one other state in the nation that does 360 00:21:22,759 --> 00:21:25,599 it faster than them, that'd be forty nine of the 361 00:21:25,680 --> 00:21:30,519 fifty and just adopt some of their practices. But it's 362 00:21:30,519 --> 00:21:34,759 still they are. We're laughing at California. But it will 363 00:21:35,160 --> 00:21:37,920 bring up all kinds of conspiracy theories. You can count 364 00:21:37,960 --> 00:21:44,240 on it, all, Right, the war? What war? Remember the war? Oh? Yeah, 365 00:21:44,279 --> 00:21:47,000 it's going to be solved anytime soon. We're right close 366 00:21:47,039 --> 00:21:47,839 to a deal. 367 00:21:47,920 --> 00:21:49,160 Speaker 8: As far as the Red's concerned. 368 00:21:49,200 --> 00:21:50,559 Speaker 1: You're going to find out what the deal is. 369 00:21:50,599 --> 00:21:53,599 Speaker 8: But the main part of the deal is that can't 370 00:21:53,640 --> 00:21:57,519 have a nuclear weapon. The strait will open immediately. You 371 00:21:57,559 --> 00:22:00,400 know it's going to open immediately, and we've lost argually 372 00:22:00,480 --> 00:22:02,440 swept for mine. 373 00:22:02,599 --> 00:22:04,000 Speaker 1: So all they got to do is a degree to 374 00:22:04,039 --> 00:22:08,319 those two things. But somehow it's not happening. General Team, 375 00:22:08,839 --> 00:22:10,599 I think he listen to listen to this. I think 376 00:22:10,640 --> 00:22:14,559 he's throwing into towel, going there's no deal is going 377 00:22:14,640 --> 00:22:16,720 to happen. I agree with him. 378 00:22:17,279 --> 00:22:21,400 Speaker 9: The truth is they suggested we go into this diplomatic 379 00:22:21,480 --> 00:22:24,680 mode because when they shut down the straighttion moves, they said, 380 00:22:24,720 --> 00:22:26,960 we can work out a deal and we'll open it 381 00:22:27,039 --> 00:22:29,119 up in two weeks. Well, here we are eight weeks later. 382 00:22:29,200 --> 00:22:31,519 They've never opened it up, and they keep kicking out 383 00:22:32,160 --> 00:22:34,559 the idea that we can make a deal, and I 384 00:22:34,599 --> 00:22:36,880 think we have to accept the reality that's just not 385 00:22:36,960 --> 00:22:39,200 going to happen. They have one motive in mind here. 386 00:22:39,359 --> 00:22:42,400 Stretch out negotiations as much as possible, get as close 387 00:22:42,799 --> 00:22:46,079 to the political situation in terms of midterm elections, and 388 00:22:46,160 --> 00:22:49,240 it will be less likelihood that President Trump would have 389 00:22:49,240 --> 00:22:51,480 a pull the trigger and go back to the military operation. 390 00:22:52,720 --> 00:22:56,160 Speaker 1: I have to admit, I think the Iranians are pretty smart. 391 00:22:56,759 --> 00:22:59,839 They don't believe Trump will go back to military action. 392 00:23:00,480 --> 00:23:05,079 I don't either. Well, do we stay in stalemate position forever? 393 00:23:05,519 --> 00:23:07,279 Michael Allen weighs in. 394 00:23:07,640 --> 00:23:10,880 Speaker 10: I mean, I don't personally doubt the will and strength 395 00:23:10,880 --> 00:23:14,240 of the president. I think that he would resume the 396 00:23:14,359 --> 00:23:17,559 use of force under certain conditions. I'm just more worried 397 00:23:17,559 --> 00:23:22,279 about the messaging to them. You mentioned that he's messaging 398 00:23:22,279 --> 00:23:24,799 the oil markets. I think he is. But when we 399 00:23:24,880 --> 00:23:29,319 message the regime leadership, I think what they're hearing is 400 00:23:29,680 --> 00:23:33,119 in definite ceasefire, no more use of force on the table. 401 00:23:33,279 --> 00:23:36,359 So I do think we need to be more clear 402 00:23:36,799 --> 00:23:40,119 about the or else what exactly is going to happen 403 00:23:40,200 --> 00:23:43,839 to Aron if they don't cooperate, how do we get 404 00:23:43,839 --> 00:23:46,240 them out of the status quo? I think the White 405 00:23:46,240 --> 00:23:50,920 House knows this, and we're seeing glimpses of it going forward, 406 00:23:51,000 --> 00:23:55,759 but we definitely need to articulate very clearly what the 407 00:23:55,839 --> 00:23:57,960 US interests are and how we're going to achieve them. 408 00:23:58,160 --> 00:24:00,839 Speaker 1: I agree, but it can't be we're going to blow 409 00:24:00,920 --> 00:24:01,720 up the Smith rings. 410 00:24:01,799 --> 00:24:01,839 Speaker 2: No. 411 00:24:01,960 --> 00:24:04,839 Speaker 1: I think we should roll General Kin, the Chairman of 412 00:24:04,880 --> 00:24:08,720 the Joint Chiefs, out and lay out the military plan, 413 00:24:09,000 --> 00:24:11,640 not specific so that they can know what we're going 414 00:24:11,720 --> 00:24:14,160 to do, but lay out the fact that our military 415 00:24:14,279 --> 00:24:17,400 has the ability to do X, Y and Z and 416 00:24:17,440 --> 00:24:19,359 that we're going to do it, and give them a 417 00:24:19,440 --> 00:24:24,079 drop dead date, literally a drop dead date. So Kareem 418 00:24:24,160 --> 00:24:28,759 Sajapor from the Carnegie Institute knows iron like the back 419 00:24:28,799 --> 00:24:29,799 of his hand. 420 00:24:30,359 --> 00:24:32,960 Speaker 11: I do think that President Trump over the last several 421 00:24:32,960 --> 00:24:39,640 months is always consistently, you know, he's been overly optimistic 422 00:24:39,680 --> 00:24:44,119 about the likelihood of a resolution. Iran is in less 423 00:24:44,160 --> 00:24:47,599 of a hurry to resolve this issue. They're sticking to 424 00:24:47,680 --> 00:24:51,279 their demands, and so I do think that doesn't seem 425 00:24:51,319 --> 00:24:55,440 like the two sides are anywhere near resolution to a 426 00:24:55,519 --> 00:24:59,319 the phase one of this deal. Well, since the nineteen 427 00:24:59,400 --> 00:25:04,680 seventy nine revolution and shortly thereafter the creation of Lebanese 428 00:25:04,720 --> 00:25:11,680 has Beulah, Iran has always prioritized Lebanon, not uh to 429 00:25:12,079 --> 00:25:17,240 advance the interests of Lebanese citizens, but to use Lebanese 430 00:25:17,240 --> 00:25:20,079 soil to attack Israel. And so I think you saw 431 00:25:20,079 --> 00:25:23,359 on that interview which President al Own of Lebanon dial 432 00:25:23,440 --> 00:25:28,839 with with Christian the enormous frustration of and thinks he 433 00:25:28,920 --> 00:25:31,880 speaks for many Lebanese that you know, Lebanon is a 434 00:25:31,920 --> 00:25:36,440 country which is teetered on economic bankruptcy and it will 435 00:25:36,480 --> 00:25:39,200 never be able to thrive so long as it's kind 436 00:25:39,240 --> 00:25:43,680 of a uh, you know, view viewed and considered to be, 437 00:25:44,920 --> 00:25:48,240 you know, part of the proxy war between Iran and Israel. 438 00:25:48,359 --> 00:25:52,000 And so that is a leverage that Iran has and 439 00:25:52,039 --> 00:25:54,960 that it's said that it wants Lebanon to be part 440 00:25:55,000 --> 00:25:58,480 of any ceasefire agreement. And frank here is a source 441 00:25:58,480 --> 00:26:03,119 of tension between America and Israel because President Trump is 442 00:26:03,200 --> 00:26:06,920 keen to do this deal with Iran and Israeli saying this, 443 00:26:07,000 --> 00:26:09,680 and this is a national security concern. We can't simply 444 00:26:09,720 --> 00:26:12,640 sit on our hands while militia on our northern border 445 00:26:12,920 --> 00:26:14,039 continues to attack us. 446 00:26:14,680 --> 00:26:20,119 Speaker 1: Yeah, so Hesba law the court. According to Iran, they're going, okay, okay, okay, 447 00:26:20,160 --> 00:26:22,839 we'll do a deal with the US, but first you've 448 00:26:22,880 --> 00:26:26,279 got to include hebe Law in as part. They're part 449 00:26:26,279 --> 00:26:29,680 of us. They never used to admit that they were 450 00:26:29,680 --> 00:26:32,880 part of them, but now they do. And so they're saying, yeah, 451 00:26:32,920 --> 00:26:36,000 we want we want you to make Israel stop attacking 452 00:26:36,039 --> 00:26:40,799 his Belaw And Israel says, wait a minute, they're attacking us. 453 00:26:40,839 --> 00:26:44,759 We've got to defend ourselves. Mike Pompeo, former Secretary of State, 454 00:26:45,079 --> 00:26:46,039 this is his thought. 455 00:26:46,640 --> 00:26:49,640 Speaker 12: Yes, well, actualy, it can't. And by the way, it's clarifying. 456 00:26:49,640 --> 00:26:52,559 The Iranians forever said Hesbela was independent, We don't have 457 00:26:52,559 --> 00:26:55,160 anything to do with them. They have now acknowledged that 458 00:26:55,279 --> 00:26:58,000 what we've all known. They're the primary underwriter supporter has 459 00:26:58,039 --> 00:27:01,880 Bela is Iran. It is the regime tames occupation of Lebanon. 460 00:27:02,319 --> 00:27:04,319 And so I read the agreement between the United States 461 00:27:04,359 --> 00:27:07,799 and Lebanon and Israel yesterday, But the party that really 462 00:27:07,839 --> 00:27:11,519 matters there has a non nation state actor, has refused 463 00:27:11,559 --> 00:27:14,079 to do the simple thing, which is to conduct a 464 00:27:14,160 --> 00:27:17,519 ceasefire and stop the fighting there. And so Israel's going 465 00:27:17,559 --> 00:27:20,039 to do the necessary. Their citizens still can't move back 466 00:27:20,039 --> 00:27:22,079 into the northern part of their country. You know, we 467 00:27:22,119 --> 00:27:24,480 wouldn't accept it if our citizens had to move out 468 00:27:24,480 --> 00:27:26,759 of their homes. Israel's going to do what's necessary. And 469 00:27:26,799 --> 00:27:29,839 you've seen Prime Minister Nate in Yahoo acknowledge that this 470 00:27:29,880 --> 00:27:32,359 will continue. And so if the Iranians continue to hold 471 00:27:32,599 --> 00:27:36,119 to this idea that somehow a ceasefire there is part 472 00:27:36,160 --> 00:27:38,400 of this, I see no way there'll be an arrangement 473 00:27:38,440 --> 00:27:40,599 between the United States and Iran that solves the crisis 474 00:27:40,599 --> 00:27:41,559 that's in the Strait today. 475 00:27:41,680 --> 00:27:45,000 Speaker 1: Well, let's review. Let's see, we had General Keen who 476 00:27:45,079 --> 00:27:47,599 says there's no way that an agreement is going to 477 00:27:47,599 --> 00:27:51,240 be reached. We had Michael Allen, who was being kind 478 00:27:51,400 --> 00:27:55,400 but saying that the president's overly optimistic about reaching an agreement. 479 00:27:55,400 --> 00:27:57,759 In other words, it's not going to happen. And you 480 00:27:57,839 --> 00:28:02,400 got Kareem Sadupors saying this exact thing. Now, POMPEII was going, no, 481 00:28:02,559 --> 00:28:05,559 we're not going to reach an agreement with these guys, 482 00:28:06,200 --> 00:28:12,079 which leaves what either we get into a stalemate or 483 00:28:12,160 --> 00:28:16,400 we use military and the president has to decide which 484 00:28:16,400 --> 00:28:19,759 one of those he wants to do. All right, the economy, 485 00:28:20,039 --> 00:28:23,960 We have a bunch of things about the economy today. Oh, 486 00:28:24,079 --> 00:28:26,680 before we get to that. So last night was vote 487 00:28:26,839 --> 00:28:32,279 rama in the US Senate. This talk about not knowing 488 00:28:32,319 --> 00:28:38,799 how to run a business. The Senate debated three bills 489 00:28:38,799 --> 00:28:43,279 over eight They were in session for eighteen hours. They 490 00:28:43,359 --> 00:28:47,480 went until four am this morning, and they had a 491 00:28:47,519 --> 00:28:52,440 bill that the Democrats wanted to stop the president's weaponization 492 00:28:52,799 --> 00:28:55,599 the slush fund, whatever you want to call it. And 493 00:28:56,000 --> 00:29:00,240 so they needed a couple of Republicans to join them, 494 00:29:00,240 --> 00:29:07,079 and a couple did. But when all was said and done, 495 00:29:07,319 --> 00:29:11,799 Democrats failed at stopping the weaponization bill. So the president 496 00:29:11,839 --> 00:29:14,599 will still have the weapons. Say I know that. Todd 497 00:29:14,599 --> 00:29:16,519 Blant said that it was over. We're done, We're not 498 00:29:16,559 --> 00:29:19,000 going to use it, but the President then the next 499 00:29:19,079 --> 00:29:23,680 day said, yes, it's still alive. I'm very interested in 500 00:29:23,680 --> 00:29:28,119 that weaponization bill. It ties in with his wanting to 501 00:29:28,160 --> 00:29:33,799 go into with Bill Polti into the national intelligence records. 502 00:29:34,119 --> 00:29:37,920 He is obsessed with. He's going to get to the 503 00:29:37,960 --> 00:29:41,880 bottom of the twenty twenty election one way or the other, 504 00:29:42,319 --> 00:29:48,240 and anybody that did anything to support the Democrats in 505 00:29:48,319 --> 00:29:51,920 their efforts in those years, He's going to use the 506 00:29:51,960 --> 00:29:55,480 weaponization bill against them and to give money to all 507 00:29:55,519 --> 00:29:58,400 of those that stormed the Capitol on jan six. So 508 00:29:58,480 --> 00:30:02,440 that failed. If the Democrats failed to get that stopped, 509 00:30:02,720 --> 00:30:07,279 then they went on the seventy billion dollar immigration bill. 510 00:30:07,839 --> 00:30:10,279 This is the one that funds ICE and the border 511 00:30:10,279 --> 00:30:15,640 patrol through the end of President Trump's term. Seventy billion 512 00:30:15,720 --> 00:30:24,279 dollar immigration bill and it passed. Actually, Hakeem Jeffries was 513 00:30:24,319 --> 00:30:26,440 all excited about the fact that they were going to 514 00:30:26,440 --> 00:30:29,720 stop the weaponization bill and they failed, and on the 515 00:30:29,759 --> 00:30:34,039 immigration bill he wanted to not fund the seventy billion dollars. 516 00:30:34,079 --> 00:30:38,880 Speaker 4: Here's Hakeeen, how's democratsic going to strongly oppose this effort 517 00:30:39,039 --> 00:30:44,680 to spend seventy billion dollars in taxpayer funds on continuing 518 00:30:44,759 --> 00:30:48,000 to provide support for an ICE agency that the American 519 00:30:48,039 --> 00:30:50,640 people know is out of control. At the end of 520 00:30:50,680 --> 00:30:54,039 the day, right taxpayer dollars should be used to make 521 00:30:54,160 --> 00:30:57,319 life more affordable for the American people, particularly in an 522 00:30:57,400 --> 00:30:59,799 environment where the cost of living is far too high. 523 00:31:00,200 --> 00:31:04,319 Speaker 1: So, in other words, as the leader of the Democrats 524 00:31:04,319 --> 00:31:09,640 in the House, he's saying, defund, defund ICE, defund the 525 00:31:09,640 --> 00:31:13,160 border patrol. He doesn't want he doesn't want to fund them. 526 00:31:13,160 --> 00:31:15,759 He wants to get rid of ICE completely. I don't 527 00:31:15,759 --> 00:31:18,519 know what you do about the illegals in our country, 528 00:31:18,599 --> 00:31:22,039 but remember the Democrats were four opening up the borders 529 00:31:22,039 --> 00:31:24,720 to let the Democrats in or let the illegals in, 530 00:31:24,839 --> 00:31:27,559 and now that they're here, he doesn't want ICE rounding 531 00:31:27,599 --> 00:31:30,640 them up and throwing them out. So that was part 532 00:31:30,680 --> 00:31:33,920 of the vote rama. The one thing that did pass 533 00:31:33,960 --> 00:31:39,000 that the Democrats wanted was aid for Ukraine, and the 534 00:31:39,119 --> 00:31:42,559 vote was two twenty six to one five. It included 535 00:31:42,640 --> 00:31:47,440 support from eighteen Republicans that cross the aisle over to 536 00:31:48,319 --> 00:31:52,559 vote with the Democrats on eight billion in loans to 537 00:31:52,759 --> 00:31:57,960 Ukraine and NATO and UH more than a billion other 538 00:31:58,079 --> 00:32:02,720 funds for Ukraine, Baltic security, and radio free Europe. So 539 00:32:03,880 --> 00:32:08,720 some billions of dollars going to aid Ukraine. Democrats sponsored it, 540 00:32:09,079 --> 00:32:13,759 eighteen Republicans went for it. So the Republicans won stopping 541 00:32:13,799 --> 00:32:19,200 the weapon for continuing the weaponization bill, and for funding ICE. 542 00:32:19,240 --> 00:32:21,440 But the ICE bill needs to go to the Senate 543 00:32:21,960 --> 00:32:24,200 and it's going to have an uphill battle there too. 544 00:32:25,000 --> 00:32:28,839 But the Democrats won on Ukraine aid. All right, so 545 00:32:28,880 --> 00:32:32,160 we got the vote rama thing done, Wall Street. Let's 546 00:32:32,200 --> 00:32:35,160 see what happened. Oh, before we get to that, the economy. 547 00:32:35,799 --> 00:32:38,039 So this morning, first Friday of the month, we got 548 00:32:38,039 --> 00:32:41,519 our jobs report and it was expected to be up 549 00:32:41,599 --> 00:32:45,519 eighty five thousand jobs, not much, but it came in 550 00:32:46,160 --> 00:32:49,799 payrolls in May up one hundred and seventy two thousand, 551 00:32:50,759 --> 00:32:54,839 more than double what had been estimated. The unemployment rate 552 00:32:55,640 --> 00:33:02,319 remained unchanged at four point three percent. Has it weighs 553 00:33:02,359 --> 00:33:07,240 in on this very political, more political than I've ever heard, Kevin, 554 00:33:07,240 --> 00:33:08,039 But listen. 555 00:33:07,960 --> 00:33:11,960 Speaker 13: Yeah, it's absolutely a blowout number. And the thing that's 556 00:33:12,039 --> 00:33:14,119 most astonishing about it is is we look at the 557 00:33:14,160 --> 00:33:18,079 forecast of everybody that surveyed at Bloomberg, and not a 558 00:33:18,119 --> 00:33:21,400 single person got this number right, that happens quite a bit. 559 00:33:21,799 --> 00:33:24,559 But the error from the top person to this number 560 00:33:24,640 --> 00:33:26,160 was about fifty thousand jobs. 561 00:33:26,640 --> 00:33:30,039 Speaker 1: So Kevin is kind of busting his buttons, all proud 562 00:33:30,039 --> 00:33:33,079 about that, and I'm thinking, wait a minute, not one 563 00:33:33,400 --> 00:33:37,680 economist got that right, and that the expected number of 564 00:33:37,759 --> 00:33:41,039 jobs eighty five thousand, he says, a blowout number, one 565 00:33:41,079 --> 00:33:45,359 hundred and seventy two thousand. No, it's been for number 566 00:33:45,359 --> 00:33:49,480 of years, two hundred thousand ish, but they were expecting 567 00:33:49,519 --> 00:33:51,640 it to be much slower eighty five thousand. It was 568 00:33:51,680 --> 00:33:56,079 one seventy two. But why was not one economist right? 569 00:33:56,240 --> 00:34:00,359 Not one? Doesn't that make Kevin pause? And I wonder 570 00:34:01,039 --> 00:34:04,640 about the Bureau of Labor Statistics. Are their numbers legit? 571 00:34:04,799 --> 00:34:10,280 Are they going to do a big adjustment down the road. Meantime, 572 00:34:10,360 --> 00:34:12,920 the bond market did not like this at all. Bond 573 00:34:12,960 --> 00:34:17,719 markets took a dive, interest rates went higher. They're worried 574 00:34:17,760 --> 00:34:22,440 about inflation. If that's true that wages and employment are up, 575 00:34:23,239 --> 00:34:27,320 then stand by for more inflation. And speaking of wages, 576 00:34:27,360 --> 00:34:30,000 in this report, they pointed out that wages went up 577 00:34:30,039 --> 00:34:33,840 three point four percent last month, but inflation is going 578 00:34:34,039 --> 00:34:37,519 up four point three So once again wages not keeping 579 00:34:37,679 --> 00:34:41,599 up with inflation. But I like Kevin hasseid a lot, 580 00:34:41,679 --> 00:34:44,320 but this he was all proud of the fact that 581 00:34:44,400 --> 00:34:46,000 not one of them got it right. And I thinking, well, 582 00:34:46,039 --> 00:34:49,679 maybe the one that got it wrong was the Bureau 583 00:34:49,719 --> 00:34:55,000 of Labor Statistics. All right, So Wall Street, well they 584 00:34:55,039 --> 00:34:58,440 didn't like it. But again, let's review today's Friday. So 585 00:34:58,519 --> 00:35:02,039 Wednesday we had a huge drop, biggest dropping a long 586 00:35:02,079 --> 00:35:05,159 time on Wall Street. Yesterday we had a big rebound 587 00:35:05,239 --> 00:35:10,320 up almost nine hundred points, and then today back down again. 588 00:35:10,480 --> 00:35:14,880 So it's up, down, updown, down almost seven hundred, down 589 00:35:14,920 --> 00:35:18,000 six hundred and ninety five on the Dow to fifty 590 00:35:18,079 --> 00:35:23,639 thousand and eight sixty six SMP Dow oh better than 591 00:35:23,679 --> 00:35:26,079 two and a half percent drop down two hundred points. 592 00:35:26,400 --> 00:35:31,360 Nasdaq down one thousand, one hundred and twenty one points. 593 00:35:31,559 --> 00:35:35,079 That was a four percent drop. Huge. The price of 594 00:35:35,119 --> 00:35:38,280 gold one hundred and fifty dollars dropped down to four 595 00:35:38,320 --> 00:35:42,079 thousand and three point fifty four. And oil, well, we'll 596 00:35:42,079 --> 00:35:45,119 take it. It was down two dollars and eighty four 597 00:35:45,199 --> 00:35:47,559 cents down the ninety dollars and some change for a 598 00:35:47,599 --> 00:35:51,159 barrel of oil. So I know Kevin was all excited, 599 00:35:51,280 --> 00:35:55,199 but Wall Street wasn't excited about that job report. That's 600 00:35:55,239 --> 00:35:58,400 it for today, Thank you for coming by, have a 601 00:35:58,480 --> 00:36:01,239 wonderful weekend. We'll be back on Monday and I hope 602 00:36:01,280 --> 00:36:02,000 to see you then. 603 00:36:07,239 --> 00:36:07,599 Speaker 11: MHM.