The Dan Bongino Show - Best of The Dan Bongino Radio Show - Compilation Special 07/05/2022
Episode Date: July 5, 2022Dan discusses crime in NYC before Giuliani, goes on a Biden rant, and addresses the baby formula crisis, Then talks about inflation, it's also the Republicans' fault, and there's no money in social se...curity. Finally he talks about Biden's union speech, his unusual habit of yelling and the "fair share" myth. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
Discussion (0)
Get ready to hear the truth about America on a show that's not immune to the facts with your host, Dan Bongino.
Thanks for tuning into this podcast on this Tuesday after Independence Day.
This is a special podcast we put together for you to enjoy.
It's three of our best rants for my radio show.
You may have missed.
Have a good time on the radio show.
Get a little into the rants sometimes.
So if you're a podcast-only listener,
you'll see we cover some of these stories
a bit different on the radio show.
Also, a reminder,
we'll be back to our normal daily podcast shows
this Thursday, July 7th.
To find out where you can hear
the Dan Bongino radio show near you,
go to bongino.com and click on Station Finder.
You know that thing in your phone that measures the screen time? You ever get that? You get like a weekly review. Go to Bongino.com more authentic, like a conversation. And I realized
there's no authenticity in not preparing a show. You better have God dead. Now it's my entire life.
So sometimes I leave the screen on. If you're watching the show live on Fox nation, you know,
we have a video simulcast. I leave it up. And I just started doing that recently in case news
breaks. So I can see it. I don't even, I don't like looking at the computer screen because the phone's right there.
So I guess the phone thinks I'm watching something all the time. So I got a report this week,
you know, your weekly screen time is up 72,000% or whatever. It was like, you will die immediately
from eye burnout. Get off the phone. I'm obviously being a bit dramatic, but it was up a lot.
That's why, because I keep it up.
I watch the news, though, because it's just, with this administration, it's hard to stay
on top of it all.
And I mean it.
I think things will get better.
I mean that.
It's not some overly optimistic, you know, Pollyannish nonsense. I just believe
sometimes America needs to get, you know, kicked in the chops before we realize like this is a
mistake and turn it around. Folks, I say that, by the way, again, not in any way to signal some
kind of, you know, moral higher virtue here to you, but I've seen it. I've been through it.
Sometimes it has to get really bad
before people realize they voted for really bad stuff.
I know that sounds crazy to some,
but Jim and Mike and I,
we're all, the one thing we have in common
is we are all former New Yorkers.
We grew up in a city that is far different,
even the disaster it is now.
And believe it or not, folks,
I'm not apologizing for de Blasio and Bloomberg towards the end at all.
I'm just telling you, even as bad as New York City is now,
it is nothing like the New York City we grew up in.
Nothing.
I mean, it was guaranteed if you were down in certain areas,
guaranteed you'd get mugged.
Now it's like a 50-50 shot.
Back then it was 100%.
100% the mugging.
People, like, would carry their money in their
socks remember that jim because like i'll just keep it i'll keep a fiver in my wallet and keep
the 20 spot in my sock that way when they rob me i can only give them the five i told you i used to
get uh we used to have these drinks a tropical fantasy it was like 50 cents no it's not like
some porn movie you freaks it was a drink it was a drink tropical fantasy it was like 50 cents. No, it's not like some porn movie, you freaks. It was a drink. It was a drink, tropical fantasy.
It was like this, you know, sugar, water with like whatever,
a food coloring in it, and it was cheap.
It's all we could afford.
It was only a matter of time before someone just came out and stole it.
You know, today it would be called like a robbery.
Back then it was just called like someone stealing your drink.
You didn't even tell your mom.
Right, mom.
It wasn't even like right, Jim? It was like called like someone stealing your drink. You didn't even tell your mom. Right, mom. It wasn't even like, right, Jim?
It was like a fake robbery.
It was like if they didn't kick your ass or you didn't get like shanked or something, it was okay.
It was like, don't worry.
They just stole stuff, you know?
Your car was guaranteed to get stolen.
It was just a matter of time.
Like you hope you got it back.
Car insurance was like your car was worth $5,000.
The car insurance was $7,000.
You're like, yeah, but I could buy the new car
and have 2,000 left over.
The insurance company's like, yeah, that's the point.
It was that bad.
And eventually what happened?
People got tired of it.
People got tired of it.
And they voted in Rudy Giuliani in an environment
where it was, what, six, eight to one
Democrat to Republican.
And he won again in a landslide.
Because I'm not going to say Republican ideas.
I'm just going to say conservative ideas.
The preservation of freedom and liberty.
Real freedom and liberty, not like a talking point.
Economic liberty, meaning low taxes,
meaning you can spend your money and you are free
and you preserve the economic liberty to do it
rather than giving it to the government.
That kind of stuff works.
You know, school choice, the liberty and freedom to send your kids where you want,
the liberty and freedom to pick your own health care plan. These things matter.
They'll always win out in the end. Sorry, I didn't mean to get off track, but I don't want you to get
bogged down in the everyday bad news and take a pessimistic view and say, oh, this place isn't
worth saving. They cheat in elections. They cheat us out of our money. They cheat our kids out of a good school.
Yeah, of course, folks.
There's always going to be bad people.
We're on a fallible planet full of sinners
and people who are mercenary cats all the time
who will do anything to, you know,
obtain and weaponize power.
It's our job to fight against them
and do the best we can
to hand off a better world to the kids.
The problem is we're dealing now
with a group of inept buffoons
like I have never seen before in the White House,
and I mean that.
I believe, yes, that they are doing this on purpose,
but their ineptitude,
they're usually better at disguising that.
One thing you've got to give to Obama
over his eight years in what prior to Biden
was an unprecedented reign of destruction
in the United States, right?
The Obama eight years, we've never seen anything like it.
Never as a figure, you know, single-handedly changed American politics for the worse like he did.
He was a little more cryptic in his messaging and was able to hide better what he was doing.
I mean, you had even states like North Carolina and Florida, you know, go for Obama.
Biden has none of those skills, folks.
This is an inept.
Yes, they're doing it on purpose, but they're inept at covering it up.
Here's what I mean.
Jim, cue up for me.
Cut three.
I played for you before one of their cabinet secretaries, Pete Buttigieg.
Again, a clown.
Nobody on planet Earth says less by saying more than him.
Arguing that, yes, the Biden plan to attack high gas prices is somehow working,
despite gas prices every day setting a new record.
It is working.
They're trying to do it.
Buttigieg just isn't good at covering.
Here's Gina Raimondo.
She is the actual Commerce Secretary.
So Libs, for those Libs listening, I know you have a little bit of trouble with facts and data and stuff like that.
She's the Commerce Secretary, meaning she's a cabinet level secretary in the executive office of the president.
Right. Answering to the president that is responsible for.
Wait for it. Commerce, you know, commerce, buying and selling across state lines, across the nation lines, across continental lines, global commerce, state commerce, interstate
commerce, intrastate commerce.
That's her gig.
So you would think, again, Jim, call me crazy as the audience ombudsman.
You have to represent them if I get out of control.
I get out of line, you got to crack it, man.
You got to crack it.
You got to just take out that stick and just crack me on the back.
Hey, buddy, get this back in line.
Tighten it up.
Tighten it up. Tighten it up.
I'm just kind of thinking if you're the Commerce Secretary,
the buying and selling a baby formula would kind of be something in your wheelhouse.
Jim, is that a bridge too far?
That would be Mike.
Mike, is that, are we okay there?
We are.
Okay, Mike and Jim both agree that this isn't crazy.
So Gina Raimondo is asked by Jake Tapper on CNN
like, hey, this baby formula
thing, you know, babies could get
dead quick. You know, and what's the golden
rule of the Dan Bongino show? Don't get dead
and don't get other people dead.
If you follow policies that don't get
people dead, you're probably doing the right
thing. Don't get dead yourself either
because we don't want you to get dead. I
don't like dead. Don't get dead. You can't come back from dead only if you're a Democrat voter. So Gina Raimondo
was asked about this baby food thing. She's like, yeah, yeah, I learned about in April. But yeah,
I don't got anything to do with the response to it. Maybe you should think about that. Maybe you
should think about trying to do something to respond to it, given that you're only the commerce
secretary. It's kind of like your wheelhouse, right? Mike and Jim just testified to that fact on the road.
Here's Gino Raimondo.
Can't answer a simple question from Jake Tapper.
Check this out.
President Biden this week said he didn't learn about the severity of the infant formula
shortage until April.
But problems first emerged back at the Abbott plant back in October of 2021.
An industry executive said they knew how bad this could get
when the plant closed in February.
You're the Secretary of Commerce.
When did you first learn of this problem?
I first learned about it, you know, a couple of months ago.
So this is a difficult issue.
But yes, probably April.
I'm not involved in the administration's response here i should say
but i think they're doing a very good job
you know what's funny during the podcast this morning jim i don't know if you heard it
i didn't catch that last part the last part where she just says like i'm not involved in
the administration's response
but i think they're doing a good job
you're
i know some people hate it when i haven't laughed at a lot that's not this is not part of an act
i think they're doing a good job you You're the commerce secretary. Maybe you should get in on those convos.
You know, there's nothing.
There's no commerce happening because baby formula doesn't exist on the shelves.
Like maybe that's the kind of thing you may want to get involved in.
Maybe.
I mean, Riley, you're the commerce secretary, Gina Raimondo, right?
You learn in April that babies could get dead.
And that's the golden rule of the show don't get dead so you hear there could be babies getting dead because
there's no formula you're the commerce secretary and you're like what you said right hey does
anybody want to get a beer mixed or at least tonight like you didn't think to ask any questions
and then you talk about it like she talks about it like she's like the subred hot dog
saleswoman on the corner of like 6th and 46th like yeah yeah heard about that yeah I think they're
doing a good job but I'm not really a part of it Gina maybe you should get to be a part of it
I'm just I'm just throwing that out there man man. I mean, you're only the Commerce Secretary.
Maybe that's the kind of thing.
Let me just throw out a few minor suggestions.
Jim, tell me if these are crazy, right?
Maybe in April when you find out that babies could get dead
because there's not a lot of formula
and we don't want anybody getting dead,
maybe that's the kind of thing,
like you reach out to Abbott and the dairy industry
and you go, hey, guys, ladies,
so baby formula, We have a source. It's about 40 percent of supply.
We're going to shut that down. Is there a way to backfill this? If not, maybe we should figure out a way to get that plant open.
Jim, is that sound like a crazy Jim? Jim, Jim said Mike reasonable.
Sounds real. Yeah. Mike says, oh, yeah. Jim says seems reasonable. Mike doubles down and says, oh, yeah.
Yeah, I think we all three agree.
Maybe that's the kind of thing you want to head off.
Now, tell me again how they're not doing this on purpose.
So Gina Raimondo acknowledges she knew in April.
She's the Commerce Secretary.
Acknowledges she knew about the baby formula crisis.
Says she knew months ago.
And then talks about it as if she's selling bagels.
Again, at 46th and 6th up in New York City.
Yeah, I'm not really part of it,
but sounds like they're doing a good job.
Yeah, yeah, Gina, sounds like they're doing great.
You got people walking into the baby formula.
So you got people walking into CBS
whose kids are using watered-down baby formula,
who could die, and Gina Raimondo's like,
yeah, yeah, sounds like they're doing great.
Yeah, it does, Gina.
Gina, maybe head on back to Rhode Island.
This really isn't for you.
You know what?
Maybe it is for you.
You're in an incompetent administration.
You fit probably right in.
They probably love stuff like this.
This is the Commerce Secretary, one of the most powerful people in the United States.
So Buttigieg says their plan on gas prices is working, which it is, reaching higher prices every day.
Raimondo says, yeah, the baby formula
thing, I got bagels to sell.
You wanted everything? A little butter and jelly?
That'll be a buck fifty.
Although it's Joe Biden inflation, seven dollars.
I'm sorry. Yeah, there's Gina.
Gina Raimondo, your Commerce Secretary.
Maybe ask about the supply chain.
Maybe ask about these overly restrictive
import requirements and tariffs on baby formula.
Maybe ask about the dairy industry tariffs that they put on those formula things.
Just an idea, folks.
And keep in mind, I'm just a dopey radio host.
What do I know?
There's just two or three things right there.
I'm not even the commerce secretary that we probably could have entertained back in April
to head off a massive baby formula crisis.
But what do I know?
Dan Pfeiffer and Joe Scarborough say I'm just a Facebook far right right winger and i don't know anything i mean what does this idiot know right
maybe because of ideas we just put out there now is one of the reasons that my facebook page and
my other formats are such an enormous audience maybe because we're not crazy and talk about
things that are just common sense if you're looking for a firearm i wholeheartedly recommend
henry repeating arms they make 200 models of rifles shotguns and revolvers and a wide variety that are just common sense. If you're looking for a firearm, I wholeheartedly recommend Henry Repeating Arms.
They make 200 models of rifles,
shotguns, and revolvers
in a wide variety of calibers and finishes.
Plus, they have new releases throughout the year.
And trust me, folks,
you just can't beat their quality.
The best way to learn about Henry Firearms
is to order their free catalog
to check out their line at home.
Plus, you'll get two free decals,
a list of dealers in your area,
and a great newsletter.
Just go to henryusa.com and click on the free catalog button in the top right corner.
Henry Repeating Arms uses old world craftsmanship combined with cutting edge technology to deliver
reliability and accuracy you can trust. They're easy to use and maintain, making them an excellent
choice for personal and property defense, hunting, and the shooting sports and beginners. And they're
made in America where they won't be made at all.
Remember to order their free catalog and decals at henryusa.com.
That's henryusa.com and click on the free catalog button in the top right corner.
You're going to love this company.
The search for truth never ends.
Introducing June's Journey, a hidden object mobile game with a captivating story.
Connect with friends, explore the roaring 20s,
and enjoy thrilling activities and challenges
while supporting environmental causes.
After seven years, the adventure continues
with our immersive travels feature.
Explore distant cultures and engage in exciting experiences.
There's always something new to discover.
Are you ready?
Download June's Journey now on Android or iOS.
You know, watching these pathetic, groveling, grotesque leftists as they destroy our economy
to a degree we haven't seen in decades, sit here when another unbelievably destructive inflation number comes out. Watching these pathetic snowflake crybaby losers sit here and try to just explain it away.
It's not that bad.
The last week's trend is not so bad.
Watching these people on TV.
I need one of those plain doggy bags.
I want to like upchuck the contents of my stomach into
it. It's so pathetic. You know what's even more pathetic is I saw Steve Moore on behind who I
like. He's a good guy. Steve Moore was a conservative leaning economist. He was debating
Austin Goolsbee, who was definitely not a conservative. And Steve Moore did what any good economist would do.
He told the truth.
He was on Fox talking about this headline number, 8.6% inflation.
And he was like, listen, Republicans have had a lot to do with this too.
This is government spending run amok, government spending money we don't have.
Who responds then?
The Federal Reserve has to print a bunch of money.
What do you think?
If the government spends money it doesn't have, folks,
where does it get the money from?
I don't know.
The Tooth Fairy, that's the lefties.
Well, they're paying people.
The government's paying the military, the FBI, judges,
court officers, Border Patrol.
They're paying them.
So if they don't have the money, how are they paying them?
The answer is the Federal Reserve prints it or digitally creates the money
and gives it to the government.
Out of thin air.
There you go.
Goes under all kinds of names.
Quantitative easing, all of this nonsense.
So if we're printing a bunch of money we don't have,
of course that's going to be more money because it's more printed
and digitally created money chasing fewer objects.
So whereas people like myself, Levin, Steve Moore and others are honest that swampy Republicans have most definitely contributed to this problem by signing on to budgets year over year where we don't have enough money to support the level of spending.
to support the level of spending.
It's just really pathetic and gross and disgusting how hack-goon Democrats, even when they're in charge,
can't admit the same.
No, it's not spending.
No, no, no, it's not.
No, definitely had nothing to do with it.
Government printing money we don't have
to chase products we haven't made yet.
It has definitely nothing to do with inflation.
Really, is that what you're a moron you sound like
when you say that?
Again, I can stare you in the face and say, yes,
Republican presidents and Republican congresses
have definitely played a role in this massive spending plans
that have materialized over the last two decades.
You are 100% correct.
Do you ever wonder why you can't say the same?
No, it wasn't us.
No, it definitely we
have nothing joe biden's the president you run the senate in the house right now and you still
pretty much dominate the court system even a lot of the republican appointed judges are really
democrats and yet no you have nothing to do with it as biden's pushing a bill back worse plan to
print more money we don't have you You have nothing to do with it.
You realize how pathetic you sound?
That's why, again, I'm always proud to be a conservative,
is that we stand for principles.
You understand the left stands for nothing but destruction.
Nothing.
An 8.6 inflation number, percent number, pops this morning,
and they act like they have nothing to do with it.
You hear Kareem jump here. Oh, man, the trends are turning around.
I heard Goolsby this morning.
Yeah, you know what?
The week over week or whatever, it's looking bad.
Dude, really?
You've got grandma and grandpa out there looking at the cat food section right now going,
ah, you know what? It ain't looking too bad.
We can save a few bucks.
And you don't think that's a problem?
Got people eating no frills potato chips
and six-year-old cough chocolate bars
they found in their house for dinner.
You don't think that's an issue?
One of my podcast producers, Justin here,
comes in this morning, fills up his Honda Civic.
Three quarters of a tank with the cheapest gas possible.
45 bucks. 45 bucks.
45 beads. The kid couldn't
even focus on the show. The whole show
he's screwing everything up. He's putting
up the wrong. I'm kidding. He's in the background laughing.
Well, he did screw up one. He's too busy
focused on it. We talked. We watched
the podcast today. If you think I'm kidding, I'm like
you're going to put that other graphic up. He's like, I can't.
I'm too busy thinking about that story you just told about me paying 45 for gas
this is what's going on right now you know what i'd respect you if you'd show some balls right
grow some you can grow a pair hang them right between those two stems right grow a pair right
get out in front of the american people and do what i just did yes i am a republican and a
conservative one we have played a role in this mess too. Not me personally. I'm not a member of Congress. I ran. I didn't win.
I lost. I didn't sign on anything. I ran against this stuff. But my party has no doubt played a
role in this by signing on to this. Why not come out? Just admit what everybody knows. You're
spending money we don't have, too much money. That the path to fix it
is not in any way complicated.
Let's spend less money.
Apologize for the mistake
and move on. I'd never vote for you.
I'm not going to lie to you. I don't vote for Democrats,
no matter what. I just don't.
I'm not going to spin your wheels, try and
virtue signal. Well, it depends.
I just don't vote for Democrats. I know what their party stands
for, but some people may.'d say wow that appears like a sister soldier moment bill clinton
had biden finally admitting what the problem is we're going to change course we're going to scrap
bill back better we're going to try to get rid of a lot of discretionary spending you know you know
although he doesn't control the fed technically biden you know the fed could move and raise rates
we could start cleaning up some of this money supply.
There'd be a way to fix this.
He doesn't want to fix it.
He doesn't care.
He's spitting in your face.
Face.
He doesn't care.
Biden knows full well he'll be dead long before the country fully collapses.
He doesn't care.
We probably got about seriously on this trajectory we're on now.
I kid you not,
probably got 15, 20 years before we're a second world power.
If that long.
If that long.
They don't care.
The swampy Republicans don't care either.
You hear anybody on the Republican side talking about serious spending cuts?
The only guy who's
mentioned anything about it is Rick Scott, Senator from Florida, Republican, who had a pretty decent
smart plan. He got lambasted for telling you all the truth. Hey, all these programs, we promise you
there's no money to pay for that. And we can promise you all the social security raises in
the world. If we don't have the money to pay for it, it doesn't matter the promises we made if we don't have the money.
Medicare, Medicaid, our military, all of it.
I'm not picking on Social Security.
You did nothing wrong.
You were promised a program.
You paid into.
Point stipulated, 100%.
But I'm Dan Bongino.
I'm not a member of Congress.
I ran.
I lost.
I never got the seat.
I never signed up as they spent your money. You can send me all the emails you want. I'm entitled
to that program. I, they spent it. They spent it. It's not my fault. I strongly objected to them
wasting the money you gave them for your retirement, but I'm just telling you the truth.
I get these emails all the time when I address it.
Dan, you want to pull money out of the pockets of Medicaid patients?
I'm recommending no such thing.
The government already did it.
The government already did it.
I'm not doing it.
They did it.
There's no money.
Well, we can just continue to print it.
Yes, you can.
And inflation is going to go up and up and up.
And the more they print to support money they don't have
and spending programs they don't have,
the money they give out is going to be worth less and less and less.
So you can continue to play this fiction.
Oh, I have a title.
It's mine.
I want my money.
Oh, you'll get it.
It just won't buy anything.
I can write you a check for $100,000 out of an account that doesn't exist.
Yeah, I'll do it today.
Here you go.
Dan Bongino, paid to the order of Joey Bag of Donuts, signed, $100,000.
Here, just don't cash it.
You got your money.
I gave it to you.
There's nothing in the bank.
No, but I want it.
Okay, go take it.
There's nothing there.
You understand, right, that there's going to be a reckoning.
Value has to be created out of somewhere
you can't run an economy on monopoly money everybody gets this right you can't
you can't again every time i talk about this stuff i get a thousand emails
people say i paid into these programs i deserve it. You do. You do.
You did pay into it.
You worked hard.
Let me tell you something.
Our generation has had it easy compared to your generation,
the original Social Security generation.
You all fought in World War II.
You grew up in a time without cell phones and all these amenities.
Some of you made it through the Great Depression where, I mean,
there were food lines.
You grew up a thousand times harder than me and my kids ever will.
You do deserve it.
Period.
But what you deserve, I'm sorry to tell you,
doesn't matter in the financial realm.
It matters in the moral one.
They spent it.
They screwed you. These people
in charge screwed you over. They wrote you a check that is going to bounce. I'm just looking
at this report. I always keep Fox on the background. I had a Chiron about the inflation crisis and even
CNN. They showed a clip of CNN interviewing this, what appeared to be a senior citizen,
a black female. I don't know how old she was
but they you could see the way they were portraying the story on the chiron and the woman had a bunch
of canned food on the counter how she's struggling to eat yeah they'll pay you your social security
just doesn't buy you anything you do deserve it and i'll tell you what else you deserve
you deserve a government better than the buffoons we have in there now, and that includes the swampy Republicans too.
Folks, this government was always designed to be consent to the governed,
and I'm sure you didn't consent to this.
I'm sure you didn't consent to being thrown a curveball later in your life.
You were made promises by people, Social Security, Medicare, and otherwise.
You were made these promises earlier in life.
You were asked to give this amount of money in turn for this amount of
benefits.
Hell social security even sends you,
you get that statement,
Jim,
every,
what is every couple of years you get that social security thing in the
mail.
Oh,
look at your,
they say,
no,
look at this.
This is so great.
There's no money folks.
You understand there's no money.
They are working off IOUs.
Do you get that?
There is no money.
You can send every email to me.
You want,
I agree with you.
I've stipulated your point that you deserve it.
You worked far harder than I ever will.
And I have the utmost respect for the greatest generation.
I'm just telling you the faith you placed in government was misplaced.
There is no money.
And anybody telling you otherwise is lying.
The money they're giving you now is going to buy less and less and less and less.
The scary thing about this is we could change this today.
And that could stop that deadly cycle of financial destruction that is going to kill off people
living on fixed incomes quicker than anyone else as they struggle to support their own
lives.
We could fix this right now.
As they struggle to support their own lives.
We could fix this right now.
But swampy Republicans and all of the Democrats,
even Manchin's all in for tax hikes and stuff.
Manchin's no conservative.
Some swampy Republicans, and pretty much every Democrat out there,
wants nothing to do with fixing the problem.
They don't care what happens to you.
I'm telling you there's no money. We are living in a fantasy land. We're in a collective delusion that this thing we call the
Federal Reserve Note is still worth what it's worth. And once the tulip crisis hits here and
people figure out just how much money's in circulation, not the exact dollar amount,
but they figure it out through price signals.
This inflation crisis is going to spiral out of control.
Charles Payne was on Fox talking about it this morning.
Something I've warned you about.
If you're a listener to this show, you've heard me say it before.
The inflation spiral.
What happens with inflation?
Inflation is a whole lot of money we don't have printed up to go and chase goods we haven't produced.
More money, less goods.
But what happens as inflation gets bad?
People's expectations of inflation get bad.
And then they say, you know what?
These car prices are going up, whatever,
2%, 3%, 4% a month.
I'm running out of money.
I don't really need a car now, but, you know,
hon, we better go
out and buy a car now and get ahead of the inflation. We'll save some money if we do it now.
So the car you have gets tossed. You buy the new car, taking that off the lot, which creates an
even bigger supply crisis for even more money to chase even fewer goods as more people buy things
in advance of when they would have, which drains the supply and creates more money,
creating a fewer supply crisis, which makes inflation even worse.
When you hear them talk about inflation expectations, folks,
in sum, that's what they mean.
Then what happens?
Workers go into their bosses and they expect inflation to get worse the next month.
Boss, I need a raise.
Or I'm quitting, going to another job.
Then what happens to the boss? The boss has to give even more money, which leads to even more
inflation because the boss then has to charge more to compensate himself for the loss of money
paying the wages that the employees need because they're expecting more inflation next month.
Folks, none of this is hard. None of what I'm telling you is advanced econ 762.
This is Charlie Brown encyclopedia 101.
But nobody wants to tell you the truth.
Everybody wants to lie to you.
Social Security, Medicare, they'll be fine.
Don't worry.
Modern monetary theorists,
we can print our way out of this.
Don't worry.
Joe Biden will figure it out.
Joe Biden can't even figure out
how to say the word investment climate
in a teleprompter. Put it in a search engine if you think I'm kidding. And you think Joe Biden will figure it out. Joe Biden can't even figure out how to say the word investment climate in a teleprompter.
Put it in a search engine if you think I'm kidding.
And you think Joe Biden is going to...
Joe Biden is one of the, probably
the 1% of the dumbest human beings
who lives in the United States. You think he's going to figure
this out? Good luck.
There's a way to fix it. They just don't
want this.
Folks, why
is this guy always yelling? I mean, I he sucks like in a suck fest this guy is like
the remember you know imagine you had like you know uh you had the lilith fair and woodstock
imagine you had suck fest like the suckiest bands ever the biden band would be the keynote act in a
suck fest there is no doubt about that like suck fest 2022 headlined by Joe Biden and
the Raiders, Joe Biden and the smoky blues or whatever they would at a suck fest. They are the
Kings and Queens of suck. This administration, the level of suck is like nothing we've ever seen
before in American history. As Joe Biden would say, I'm not joking, but in this case, I'm really not joking.
Like they really are, they are, this guy's the king of suck.
He's only been in office a couple of years now, right?
Couple of years.
And the damage this guy has caused has been incalculable.
I can't say enough.
The only time in my life I think I'll ever agree with Barack Obama was when he said,
don't underestimate Joe's ability to F things up. he was right. Barack, you nailed it, buddy. I wish you would have told us that
before the primaries. So Democrats could have picked a better candidate, maybe one that wouldn't
drive the country in the ditch as fast as this guy. Here's what I mean. He's in Pennsylvania
today giving a speech on the economy. And, folks again instead of just saying i'm not here to
give advice to democrats they're destroying the country but for what it's worth right they don't
listen anyway so it doesn't matter at what point do you come out and say listen things aren't going
well um i acknowledge things aren't going well i feel bad about it you know but here's what we're
going to do to try to fix things and And you put forward some practical solutions, even some small measures, right? At what point do you do that?
I mean, how often can you tell Americans, right? People who live in this country, right? We're
experiencing what we're experiencing in America every day, who are paying $10 for a pound of
bacon. God only knows what milk costs these days. I mean, turkey, chicken, meats, proteins,
they're all through the roof.
Gas, national average, $5 a gallon.
How often can you tell them things are really going great
and you're all idiots?
I'm serious.
I mean, how many times can you say that
before you look like an out-of-touch elite snob?
Now, I understand.
I ran for office myself.
You always get political consultant people talking
in your ear i understand i mean i'm trying to be semi-objective on this point that you don't want
to come out and do the jimmy carter thing either i highlighted on my fox show this week i remember
the card of malays speech rolling the malaise and you idiots are really didn't say exactly that but
you get the point but there's this delicate act where you have to at some point acknowledge things are bad.
Right, Jim? Or else you look like you
just don't know what's going on. No, no, no.
Things are good. I just saw an article
or a tweet from the
Zero Hedge guys saying the layoffs
that are planned now in the coming months, that
by August we could be back into negative
job growth, which means no growth
at all, which means the workforce is
shrinking. And it was a list of all these companies.
The layoffs are pretty massive.
You know, at what point do you have to flip the switch and acknowledge that it's bad so
you yourself don't look out of touch?
I mean, this guy with the speeches, and it's not just the speeches about where he's constantly
saying how great things are, implying we're all idiots and don't recognize what's going on it's not just that it's that he yells and screams as
if you don't believe him that you're the crazy person all right literally it turned the volume
down for a second he's like let me tell you something pay your dad fair share you crazy rich people. You're fair and sure. And let me tell you something, you oil companies.
Ripping people off.
Let me tell you.
And let me tell you about the deficits.
The deficits.
I'm a deficit cutter.
Cut the deficit.
And everybody's like, bro, do you have to?
I sleep, you know, sometimes with like earplugs
because when it rains a lot down in my area,
I live off the water here, the frogs come in.
You ever have that problem?
And the frogs all night, doing the ribbit thing all night
drives me crazy.
You got to go to a speech with earplugs with this guy.
And the Donald's out.
And the title Donald's out. And the title of the devil's out.
Will you stop yelling?
Listen, this is coming from an Italian from New York
and two guys named Sacco and Verdi.
I mean, we could be running a pizza joint here in this show.
We're screamers from New York.
And even we're like, bro, please, please stop the yelling.
Jim has to edit these clips for sound just to avoid blowing your speakers out in your car every time Biden talks.
Here he is, cut one, screaming again about how he's an amazing deficit cutter.
Yes, Biden, who?
I'm not going to use the word because I hate it.
I'm trying to cut down my use of the word literally because we and Jim were just talking about this
because I hate it so much and it's just tempting.
It's at the point now when my Fox producer,
she texts me every time I use the word
because she's like, ah, you said it.
But Biden, who is aiming to be the biggest spender
as a president in United States history
by pushing what was at one point
a $6 to $7 dollar Build Back Better plan.
He's now flipped the script and is claiming he is like the Calvin Coolidge of economics.
He's a big deficit cutter as he screams about the deficit.
Here, get your earplugs. Here's Joe Biden screaming that he's a big fiscal conservative.
And people fall for this. Here, check this out.
You know, they talk about biden
wants to spend more on schools and all this guess what he's going to create a deficit
ladies and gentlemen this year by the end of the fiscal year we will have cut the federal deficit
by another 1.6 trillion dollars one year. One year.
So when they come to you and talk about big spenders, let them know.
Almost $2 trillion in deficit reduction.
I don't want to hear any more of these lies about reckless spending.
We're changing people's lives.
Yeah.
about reckless spending.
We're changing people's lives.
Oh, Daddy-O, you're changing people's lives.
That's fact-checker Bill McCarthy.
Bill, get on that.
Fact-check, mostly true.
Mostly, here's the context.
You're changing people's lives just for the worse.
There's a bill.
Tom Karcher, get on that, buddy.
Get on fact-checkers, get all over that.
You're changing people's lives, all right.
Record inflation, soon to be what's going to turn into unemployment
quickly. I'm sorry to let you know that.
A monetary,
a fiscal crisis, an immigration crisis
at the border, a labor force participation
crisis, a supplying crisis. Oh, yeah,
you're changing people's lives, all right.
Let him know!
I don't want to hear it. I don't want to hear anymore. Like he's a dictator from the third world.
Off to the gulags. Tony Montana. That's right. Tony Montana. Say hello to my little friend.
I don't want to hear anymore. This guy is unreal, man.
I'm sorry.
This is not a comedy show.
I just, I can't get it up with this guy.
He really is.
He's so hapless and pathetic.
He doesn't even sound, there's no ability to suspend disbelief.
Like even Republicans, or you're watching Obama, you suspended disbelief, right?
You knew he was a phony, but you at least believed he was trying to be genuine about it,
even though when everything he was saying was nonsense, right?
You know, I remember watching a speech at the DNC
when he spoke up for Kerry
and thinking this guy's going to be trouble in the future.
He's really good at this.
The thing with Biden is he's so bad at it.
It's like watching that movie.
What was it?
The Room or something like that?
The acting is so, is it The the room the acting's so bad you can't even watch the movie with suspension
of disbelief because it's so obvious they're acting it's like the worst movie ever like the
raspberry Awards I think it's called the room it was actually a movie about the movie that's how
bad it was right there was a movie about the movie so that that's Joe Biden. I don't want to hear.
Say hello to my little friend.
I don't want to hear about it anymore.
I mean, this guy is a crazy person.
Folks on the deficit, because the show, I mean, we can do the funny stuff all day, but
let me just give you the numbers because we do facts here.
Okay.
Here are the deficits from 2016 to now.
We do facts here, okay?
Here are the deficits from 2016 to now.
Federal deficits, meaning the shortcoming every year we had between tax revenue,
what the government took from you, and what the government spent. I'm not trying to demean the audience.
There were liberals listening, and I'm dead serious.
They don't understand the difference between deficits and debt.
Deficits are annual shortfalls, okay?
And I'm sorry to have to talk slowly,
but they genuinely don't get it.
2016, why do I start then?
Because these are the Trump years.
I'm not telling you these deficits are acceptable.
I'm just giving you the numbers.
I don't believe in deficit spending.
I don't care who did it, Trump or Biden.
I'm just giving you the numbers.
So pre-pandemic, the deficits in the Trump years,
585 billion in 2016, 665 in 17,
779 billion in 18, 984, what is it?
16, 17, 18, that's 19.
2020, this is the COVID stuff
where the ridiculous spending stuff happened.
$3.1 trillion deficit.
You're talking about nearly three times the
highest deficits we ever had in the Obama years. And in 2021, $2.7 trillion. So do you see the
game Biden's playing? And this is why I really get offended at Democrats. Because whereas I'll
tell you the truth, we ran heavy deficits in the Trump years. Unacceptable. We ran them in the Bush
years too. Unacceptable. Period. Because I them in the Bush years too, unacceptable, period.
Because I believe in principles,
like don't spend money you don't have.
You see how the Democrats can't do the same?
How they play a game here.
Yes, deficits are going down.
They were 3.1 trillion during the COVID splurge that caused this inflation crisis.
But ladies and gentlemen, here's the game.
This is like suggesting,
say you make an annual salary of $100,000, here's the game. This is like suggesting, say you make an annual
salary of $100,000, right? Doing okay. And then one year during COVID, you're forced to splurge
on everything just to stay afloat and borrow all kinds of money and you spend $400,000. So that
year you accumulated a deficit of $300,000 that you're going to owe. That's like calling yourself like a thrifty guy
because the next year you only spend $200,000, $100,000 more than you earned. Yeah, I only spent
double what I made this year, but I'm definitely thrifty. Thrifty. Thrifty. I am thrifty. I am
Scrooge McDuck on this one. I'm not spending a nickel.
Bro, you spent twice what you earned.
Yeah, yeah, but last year I spent four times what I earned.
So what really, that's what he's doing.
That's while pushing, by the way, the build back better,
which would get us right back to the deficits we had during COVID.
You see how these people lie to you all the time?
Swap your Republicans too, folks.
You're never wasting your time here, I assure you.
I will not spin your wheels.
I'm not here to do that.
It's pointless.
Do we have time for the second one, Jim?
Can we squeeze this in, the fair share one?
Yeah, let's squeeze it in.
Here's Biden again, screaming and yelling about the rich not paying their fair share, despite the fact the first eight months of this fiscal year, we've raised the most tax revenue by the federal
government in United States history. Check this out. All I'm asking is for the largest
corporations and the wealthiest Americans to begin to pay their fair share in taxes.
I'm deadly earnest.
Anybody out there think the tax system is fair?
Raise your hand.
Look, under my plan, I made this commitment in the beginning and nothing's changed.
No one making less than $400,000 a year will pay a single solitary penny more in federal taxes.
Okay, that's just nonsense.
He's proposing massive corporate tax hikes that are going to be passed on to you, the consumer, just like inflationary pressures were passed on to you, the consumer.
But again, you want lies, just keep listening to Joe Biden and this nonsense.
Anybody had out there to talk?
Raise your hand.
Talk to them.
Screaming, screaming like he's had too many Heinekens in the bar.
You don't have to go home, Joe, but you can't stay here.
My family owned a bar.
We had a bouncer on Saturday nights for this specific reason.
Hey, get that guy out of the bar.
What is he always yelling about?
The rich don't pay their fair share.
Does this dunce even look at his own federal government numbers?
We just raised, even adjusted for inflation
the federal government took from you the most amount of money it has ever taken out of the
economy in u.s history and the top 20 percent of earners pay 80 percent of the taxes the top 10
pay 40 to 50 percent of the taxes what the hell is he talking about the answer is whatever he wants
to he's just a liar. There's no complicated explanation.
He's just an unrepentant liar.
He's always been a liar, a grifter, and a corrupt loser his entire life.
He was a laughingstock in the Senate.
And that's how you get this.
The screamer in the bar.
The bouncer's got to kick out because he won't stop screaming.
Thanks for listening to this special episode.
I really hope you enjoyed it.
We have another special compilation for you tomorrow.
We'll be back with our normal daily podcast shows this Thursday, July 7th.