The Dan Bongino Show - Bitter Dems Move To Shutdown Government (Ep. 2441)

Episode Date: March 13, 2025

In my second to last episode, I cover the latest effort by Chuck Schumer and the Senate Democrats to shut down the government to spite Donald Trump and hurt the American people. Plus, good news for th...e economy and an epic speech by border czar Tom Homan. Overlooked Treasury Report Supports Musk’s Warning About Federal Deficits Sinking the U.S. https://www.justfactsdaily.com/overlooked-treasury-report-supports-musks-warning-about-federal-deficits-sinking-the-u-s Sean Duffy Unveils Plan to Modernize Air Traffic Control With AI Tech https://www.lifezette.com/2025/03/sean-duffy-unveils-plan-to-modernize-air-traffic-control-with-ai-tech-watch/ Trump Trashes “Sick” Democrats During Press Conference: ”There’s Something Wrong With Them” https://townhall.com/tipsheet/jeff-charles/2025/03/12/trump-lashes-out-at-democrats-for-behavior-during-speech-n2653695 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
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Starting point is 00:00:00 Get ready to hear the truth about America on a show that's not immune to the facts with your host Dan Bongino. Yeah, you're damn right. This is our second or last show every single day. You know, I was talking to a couple of guys this morning and I had an analogy to what this feels like. Are you interested? Folks in the chat, because you guys come first.
Starting point is 00:00:23 Do you want to know what this feels like to me? I'll tell you. Quick. I taste podcast sponsored by Beam. Go to shopbeam.com slash bungeeno. Use code bungeeno for 47% of your first order. Someone asked me this morning, he said, brother, how does it feel?
Starting point is 00:00:39 And I said, Michael, I need your take on this one. Because Michael's like a very kind of sober analyst. He's a math guy, so I want to make sure this doesn't sound goofy. It feels like going to a funeral for someone who's 107. Like the people who are getting Social Security? Some of the people getting, that would be 157, but that's actually very funny. Unfortunately, it's costing us a ton of money, but it does.
Starting point is 00:01:06 It's like you're sad you lost this amazing person, but at the same time you're like 107? Teresa, am I right? You're like you won. The game of life. You have successfully won. If you made it 107 years, give us a thumbs up. You see Teresa in the studio today the lovely Teresa from Westwood one the Grand Dom of Westwood one We call her the Bon Gino Levin whisperer. She's very good at that kind of stuff
Starting point is 00:01:34 You want it life. So the funeral is kind of sad, but at the same time it isn't that's how I feel I Feel like you and I built this thing together. The P1s who've been here for 10 years, who listened to my first show, there's no question we built this thing together. So I feel so happy about and honored to have been part of this. But yeah, man, I'm still losing something. So I don't know, sometimes my analogies suck, sometimes they don't, but that's real, man. That's how I feel about it. Man, we got a big show for you today,
Starting point is 00:02:12 second to last show, tomorrow will be the finale. I don't know, I'm just gonna let you guys know right now, producer Jim is here in the room, Teresa's here, Collin's coming from Westwood One, like the big boss. I was like, what? What am I, am I getting fired or something like that? What's going on? I'm like, you can't, you're leaving on Monday.
Starting point is 00:02:29 I'm like, what just happened? So I don't know what's gonna happen tomorrow. I'm not messing with you. I do not know what is happening tomorrow. There's a rumor there will be people in the studio. I don't know. You're gonna have to tune in. I'm not teasing it unnecessarily, okay?
Starting point is 00:02:45 Guy, what are you gonna, what are you gonna, Guy, do you need, I know what he's saying right now. Do you need something from All Family Pharmacy? That's what he's saying, right? I get it. I get it. As you know, it's our second to last episode. So before I head off into the sunset here, don't worry. We're going out with a bang here. One of our sponsors, All Family Pharmacy, want to do something big for you. Our listeners, it's not just a sale, it's a thank you before we wrap things up. They're offering a buy one, get one free. On ivermectin, hydroxychloroquine,
Starting point is 00:03:11 the same meds Big Pharma tried to bury, but you've always had the right to make your own choices. If you want to stock up, now's the time. Just complete the form online, and a licensed doctor provides the prescription, and they can ship your meds straight to your door. Go to AllFamilyPharmacy.com slash bondgino.com they've been my go-to for a while and use code Dan B-O-G-O at checkout. That's
Starting point is 00:03:33 Dan B-O-G-O for a buy one get one that's the B-O-G-O. Get one free deal exclusive to this show. I've always believed your health your choices are yours. If it matters to you get help take today, check them out. Allfamilypharmacy.com slash Bon Gino, use code Dan, B-O-G-O for buy one, get one before the deal ends on March 17th. Go get yours today. All Family Pharma, thank you for your support by the way. And these products are not intended to diagnose, are extended as a substitute for professional medical treatment or advice. Consult with your healthcare provider. Thank you, all family members. Today's show also brought to you by, as we wrap things up, MyPatriot Supply.
Starting point is 00:04:08 They've been with us from the beginning. We've always been very selective about our sponsors. I'm going to miss a lot of you. It's been a great business partnership over 10 years. We appreciate it. The world's unstable, folks. You got to be ready. At some point, another crisis is going to hit.
Starting point is 00:04:21 That's just a fact. You're going to be prepared or not. It's better to have emergency products and not need them than to need them and not have them That's why I asked my Patriot Supply one final time to bring back the emergency preparedness bundle So you're ready to handle anything you got your emergency food in it three months worth water filtration Air loom seeds multi vitamins potassium I entire anti radiation tablets as well best of, you can save $300 on this exclusive bundle, but only while it lasts.
Starting point is 00:04:47 Go to mypatriotsupply.com slash Bongino now. That's mypatriotsupply.com slash Bongino. Don't wait, be ready before the next crisis hits. And thanks My Patriot Supply for standing with us all these years. All right, fellas, the second to last bell. And producer Jim, for the second to last time, producer Jim for the second to last time I have this thing now called a job and what we just heard is called a you guys are so good
Starting point is 00:05:15 so Teresa you've been in this business a while I know it's new again we invented it we are the first people to ever do it. It's incredible how we did that fact checkers Back checker, we're just we're just kidding. I Want to thank also Evita Haley and Vince Vince is in the studio again today He will be taking over 10 a.m. On Monday with a huge show his first guest Tucker Carlson. He's got another Basically not another but a couple he's got a really sick lineup, if I can use that word next week, and I don't mean sick like ill,
Starting point is 00:05:48 I mean, you are gonna be impressed. So 10 a.m. right here on the Rumble channel, and Haley and Evita blew it up yesterday. Live search app had them as the 30, was it top 50 overall and number 14 in news yesterday. So you guys are great, we really appreciate it. Thanks for everything. All right, let's get to the news.
Starting point is 00:06:04 I thought government shutdowns were terrible. That's what we were told by the Democrats What did they tell us folks if government quote shuts down? Which it really doesn't shut down if it shuts down for five minutes. Anyone know what's gonna happen Grandma's definitely dead grandma's gonna die and she's not gonna be a hundred and six either She could be 60 but without government, they're definitely dead puppies Puppies, kittens as well, maybe your goldfish. They're all dead. Everyone's going to die. People are going to be pushed off cliffs into meat grinders, wood chippers and everything else. If government shuts down, which it doesn't really shut down, it is the apocalypse. It is the instant apocalypse. Nothing will happen and life will come to
Starting point is 00:06:44 a halt, which is weird because government shut down before and none of that stuff has actually happened. But the Democrats have told us you shut down government, the time will stop. So here is prominent Republican conservative senator. He tells me this guy has now officially changed parties. I didn't get the news flash, did you? He tells me this guy is now officially changed parties. I didn't get the news flash. Did you? prominent conservative Palestinian to which I was unaware of Reiki we were Chuck Schumer Yeah, parent Palestinian as well. I did not know this they have this under but here is prominent This guy's a house freedom caucus guy kind of guy just on the Senate side Chuck Schumer
Starting point is 00:07:28 Telling us how the government shutdowns are now a good thing again how we should shut government. So I didn't know this guy converted. This is incredible. I'm like baptism by fire. Check this out. Funding the government should be a bipartisan effort, but Republicans chose a partisan path drafting their continuing resolution without any input, any input from congressional Democrats. Because of that, Republicans do not have the votes in the Senate to invoke cloture on the House CR. Notice how he, obviously we're kidding. This is one of the most liberal Democrats in the Senate.
Starting point is 00:08:00 But you almost have to, you don't have to like it, which I certainly don't, but you almost have to respect the grift going on here. How he says Republicans don't have the votes to stop cloture. What he's saying in a backwards, did you guys catch that when you listened to it? He doesn't wanna state the obvious,
Starting point is 00:08:20 which is the Democrats are withholding the votes to pass the bill, So he's blaming it on Republicans do you guys did you guys get that? It's it's a The Democrats have a magical almost magical power I don't mean in a qualitatively good way to use language in a way that makes you to believe The opposite of what's happening is actually happening. You see what he did there He could just state the obvious, we're not voting for this
Starting point is 00:08:47 and the government's gonna shut down. He doesn't say that. Republicans have not successfully acquired enough of the spreadsheet type transactional vote numbers in order to invoke the, because he doesn't wanna say the obvious, we're shutting the government down. I thought we weren't shutting,
Starting point is 00:09:02 I thought the government shut down was terrible. People are all gonna, you went through the whole litany of horribles. You ever hear the term parade of horribles? Everyone's gonna die if the government shuts down. So now the Democrats who told us we need government. You need government in every aspect of your life. Every aspect of your life.
Starting point is 00:09:18 There's nothing, you can't hit a baseball without government. Now all of a sudden the Democrats are the shut the government down, shut the government down party? Once you learn to dissect political euphemisms, you can never go back. How he handled that is why I played that clip. Notice the language he uses. He doesn't wanna state the obvious. So what's the solution to that?
Starting point is 00:09:44 Folks, the solution to that is for you all to get out the message out there that it's not the Republicans who shut this thing down. Whether we agree with the spending levels or not, I don't. I've been fairly candid about that. But we didn't have the votes. We will do reconciliation. They, the Democrats, are the ones not voting to keep the government open, therefore voting to shut it down by simple logic.
Starting point is 00:10:08 Here's Chuck Schumer again. Again, misdirection is how they do everything. I want you to notice again how they use euphemisms and word games to try to play games with things that are actual facts. Three plus three equals six. There's no way to word game your way out of that, okay? Here he is talking about Elon and Social Security fraud. So Elon Musk and the Doge found out, before you hear this clip, so you understand, that there's a lot of fraud in Social Security,
Starting point is 00:10:36 but here's how it's working. There are people calling Social Security offices and changing over the phone routing numbers. So if Gise get Social Security, Michael calls and says, hey, flip it over to my account. Without Guy's authorization, Elon and his team found that this is a real problem. They're fixing the phone system. Listen to the way Schumer characterizes this and says, you know, we don't have evidence of all this fraud. Really?
Starting point is 00:11:04 I'll show you the receipts coming up after that. Check this out. Americans certainly support eliminating waste, but they don't want to see their Social Security benefits taken away over a lie perpetuated in hopes of just slashing them to give tax breaks for billionaires paid for by the middle class. As Musk lies shamelessly about Social Security, he conveniently ignores the federal government
Starting point is 00:11:33 already conducts an audit of Social Security every single year. He cherry picks data to suggest that tens of millions of dead people are getting checks. This is a lie, like so many of his other lies. It's a lie, folks. It's a lie. He made it up. It's a lie. No fraud in Social Security. Except if you go back to this Office of Inspector General report from August 19, 2024, which says what? Yes, Justin, you're correct. He's like, I didn't say anything. I know. Which says there is shockingly fraud in Social Security.
Starting point is 00:12:10 They found nearly $72 improperly paid. That doesn't say $72, it says $72 billion. Billion, 72 billion. That's a lot of money. Do me a favor Justin. Look up the Entire state budget of say, North Dakota. Tell me what is so let me read this inspector general report inspector general reports This is by the way, 2024 August of 2024
Starting point is 00:12:42 Nearly 72 billion is improperly paid. Recommended improvements go unimplemented. Through several audits, Social Security Administration and Inspector General made dozens of recommendations to prevent improper payments before they occur, also to correct existing improper payments. However, to date, many of those recommendations remain unimplemented, leading to continued improper payments. 72 billion. Billion. This is not an Austin Powers moment.
Starting point is 00:13:12 This is the North Dakota state budget for the 2025 biennium is approved by the 2022 Legislation Assembly. Total is 19.6 billion. Wow. Guy says 19.6. Round up.6 billion. Wow. Guy says $19.6, round up, $20 billion. So you're talking about over 3x the budget of an entire state in this great United States of America. That's the fraud in the system.
Starting point is 00:13:38 Three times the entire state budget. Sounds to me like kind of a BFD big deal. You see folks, there's a problem with this outside of the obvious, nobody likes fraud. The problem with this is you have people who paid into the system. What do you mean? I mean like their entire adult lives accurately paid into the system. I almost slipped and said literally, but I just said it, I hate that word. I only got two more days to tell you
Starting point is 00:14:08 how much I hate that word. I'm gonna fit it in. I lost the chat here, I wanna see you guys. I gotta turn off the wifi sometimes. There we go, now you're back. Folks, there's a problem with this. I always use the example of, say, at the parking spots where people have physical disabilities, right?
Starting point is 00:14:27 Someone pulls in there who is not disabled and has no problem, and someone who comes in, who may, say, be in a wheelchair or has to move with a cane, doesn't get that spot. It is not cost free. And $72 billion is stolen from taxpayers who put their money into this system, anticipating a government annuity-based system. Typically, it's not. It's a PAYGO system, but whatever. And it's stolen. That's no money for you. You have to ask yourself a very serious question right now.
Starting point is 00:15:01 Why is Chuck Schumer ignoring this office, nonpartisan Office of Inspector General report? Because of what I told you. There are Democrats up on the hill who just don't care about fraud because they feel like this. You ready? Tattoo this on your brain. Once you find out how much government fraud and public corruption is going on within federal government enterprises like the Social Security Administration, they're afraid you'll never trust government again. That's why they're hiding this. You want to get paid and get your paid into Social Security benefits, you should be the
Starting point is 00:15:42 first one screaming about this. Folks, the Democrats used to pretend to care about waste, fraud, and abuse. How do we know this? Hat tip the great Mays Moore. Mays, guys, are we gonna miss Mays? Mays, can you, can we get a little goodbye from you tomorrow? Mays, we love you Mays Moore. If you're not following Mays Moore on X, you're making a huge mistake. At M-A-Z-E-M-O-O-R-E. Can you pull him up on the screen, by the way?
Starting point is 00:16:11 I know you can share your screen. This account, folks, we love hat tips here because we are not the only people in the space. There are amazing creators who deserve the best. And I'm gonna tell you something. Guys, is there anyone we've used more? There you go, Mays Moore on X. There's the best. And I'm gonna tell you something, guys is there some anyone we've used more? There you go. MaysMore on X. There's the account. Make sure everybody goes and follows them. I don't care if you tell them we sent you or not. Doesn't matter to me. All that matters is
Starting point is 00:16:33 you follow that account. Great video content. Fantastic montages. Who else? We got Western Lensmans. Fantastic. I hate to leave anybody out. There's so many. You've got Gunther Eagleman. We love our buddy Chicago Ray. Insurrection Barbie. There are just so many. Who? Oh, of course, Cat Turd.
Starting point is 00:17:01 Cat Turd's like the bad. We love Cat Turd. There we go. Just fantastic accounts to follow. The Gravian, we love Gravian, Tom Elliott from Gravian. So if you're putting together a show, shout outs are important. Here is Mays Moore with a great montage of how the Democrats, prominent Democrats, used to claim at least that they cared about waste, fraud, and abuse until we actually found it. Check this out. that they cared about waste, fraud, and abuse until we actually found it.
Starting point is 00:17:24 Check this out. We cannot keep our promises on Medicare. We simply must make the cuts in waste, fraud, and abuse in Medicare so that the benefits and the premiums are untouched. There is an enormous amount of waste and fraud and abuse in this government. When there is waste and fraud you have an administration who
Starting point is 00:17:54 should also be on top of that situation. If we're going to eliminate the waste, fraud, and abuse in Medicare it does mean mean we're gonna cut some of that out. And when I hear my friend Dave Camp say, you cannot cut money out of Medicare, you can't just get up there and say, we don't wanna cut anything out of Medicare. We wanna cut the bad stuff and keep the good stuff. This is such a loser argument for them,
Starting point is 00:18:21 the Democrats, I mean, precision matters, to go to the wall to shut the government down. It's an absolute loser argument for them. Donald Trump has them so discombobulated, another word I hate but I'll use it here, that they're arguing against now bedrock Democrat collectivist principles like we need the government. What do we do without the government? That's why we're asking you to pay 40% of your money to the government. We need it so much, we're willing to shut it down. That argument just
Starting point is 00:18:52 doesn't work. As a conservative, you don't want any of these things to kind of shut down. You want it efficient and lean. But it's not against your fundamental ethos that I don't need government in my life. I need family, God, country, police department, a court system. Just a train wreck argument. By the way, before I take a break, where did I get the Chuck Schumer is Palestinian?
Starting point is 00:19:21 I didn't make that up. Senator Schumer, Guy, if you would, this is one of my favorites in the show today producer Mike did some of this Is that correct? There's a banger of a producer Mike. Nice job, man Producer Mike is a genius. I was well aware of that. But now he really kind of hammered it your receipts matter Here's Donald Trump. This is where we got that from the beginning of the show. Check this out And Schumer is a Palestinian as far as I'm concerned. You know, he's become a Palestinian. He used to be Jewish. He's not Jewish anymore. He's a Palestinian.
Starting point is 00:19:52 I did some just spread the news cycle. There you go. I was unaware of that. Oh, man. I told you, man, we had a great show for you lined up. Up next, it's the second to last show. For 10 years I've been saying the same thing. I'm gonna take my last poll on this question just to make sure I haven't been wrong for 10 years. I love the economic segments, some people don't. Bot Gino, this is it. Do you want me to run with this next segment? Because Howard Lutnick explained the Trump theory on tariffs so well yesterday.
Starting point is 00:20:34 Just while we're, yes or no. Yes, you want to hear it. No, you don't. If not, I'll move on to another topic. But this may be my last one. Bot Gino, you're up. Batter up. Listen, I got this really nice note
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Starting point is 00:21:46 website, brickhousenutrition.com slash Dan. Whatever nutrition, a nutritional supplement you need, Brickhouse Nutrition has it for you. Use code Dan for 40. I didn't get that wrong, not four, it's 40. They're doing it for you, they just want to thank the audience, they want to show their appreciation, so please thank them back for sticking with us for 10 years. Brickhousenutrition.com slash Dan, promo code Dan. That's code Dan at brickhousenutrition.com slash Dan. And thank you, Miles, for an amazing partnership.
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Starting point is 00:23:24 So here we go. Here is Commerce Secretary Howard Ludnick with one of the best explanations as to why Donald Trump is attempting to reorganize our economy in a more efficient, tax efficient, and productivity efficient manner. I want you to listen to this, because I haven't heard anyone explain it like this.
Starting point is 00:23:43 And he just has this reporter basically speechless. He says nothing as he just hammers her on the debt problem and the issues we're having. Check this out. Two trillion dollar deficits don't bother you at all. How could you ask me while we're running a two trillion dollar deficit and not care, you're destroying, the people who have run this country before are destroying the future for my children and my children's children. I can't have a 50, 75, we have a $36 trillion deficit. And we used to run deficits of $400 billion, now $2 trillion, everybody's like, who cares? I tell you what, who cares? Donald Trump cares. And when we balance the budget,
Starting point is 00:24:31 you know what that means? That means our deficits stop. Interest rates come smashing down. His goal is to have external revenue. You know, the way I think about it, we all are so used to paying taxes. We're so used to it. We have like Stockholm syndrome. I have not heard, I got another clip of him coming up in a minute. I haven't heard a better and simpler explanation about why Donald Trump has Elon Musk in the doge looking for efficiencies in government and way to, ways to cut the tidal wave of red ink.
Starting point is 00:25:05 Folks, this is very simple. I may not do it as eloquently as Secretary Lutnick just did, but I'm gonna try. When the government spends more money than it takes in from taxes, which we've been doing every year for decades, Republicans and Democrats to be clear, both parties have been responsible,
Starting point is 00:25:24 where does the money come from? No one ever thinks about this. The money's got to come from somewhere because all the checks cash, right? Have you ever gotten a Social Security check that bounced? No, seriously. Outside of some anomaly, someone claimed fraud or something? No. Well, how is that happening?
Starting point is 00:25:40 Clearly some of you out there are getting money that the government never took in from tax dollars, correct? Because it didn't Well, the answer is it borrowed it from who? Well from you or it printed it and Digitally created it through the Fed. We had quantitative easing and all this type of stuff What's the problem with that folks? The problem is this tidal wave of debt creates more money, because the money has to come from somewhere. And when you have more money in an economy,
Starting point is 00:26:13 interest rates go up. Do you know why that is? It's very simple. This is why Commerce Secretary Lutnick was giving the example of interest rates. You gotta buy a house, you gotta buy a car. You wanna pay 20% interest rates on these items? Keep spending money we don't have, because why?
Starting point is 00:26:31 Because for the United States to keep borrowing money at the levels we are, the number he mentioned, 30 trillion dollars, two trillion this year alone, you have to pay people higher and higher interest rates to take a risk of lending the government money It's not hard. There is no such thing as a what? Free lunch. Yes, producer Jim. He's like I didn't say anything. I know I'm in your head. I know what you're thinking He's a Milton Friedman guy, too. There's no such thing folks
Starting point is 00:27:05 Milton Friedman guy too. There's no such thing folks. Any Democrat or any Republican saying oh don't worry just keep loading up on the red ink and the debt who's gonna make us pay? The answer is you know who's gonna make you pay? This guy his name is Mr. Jim you know he's like I have no idea. His name is Mr. Math. Mr. Math. He also goes by Mr. Arithmetic, sometimes Mr. Numbers. The money has to come from somewhere. And once you create it, it's very difficult to uncreate. Now, it's incredible that under the Biden, Obama, and listen, we've had some a lot of spending in the Trump year or two, we had the COVID stuff, what's incredible is that Donald Trump in just, we have what 53 days, 54 plus or minus a day or two into the
Starting point is 00:27:55 Trump term, the second Trump presidential term, that now inflation which candidly could be five, six, seven percent, is actually coming down and it's 2.8. It's amazing that only 50 days, President Trump and his team, Secretary Lutnick, Treasury Secretary Besant, Energy Secretary Wright and others, that they've already managed to at least get a little bit of a lid on the inflation crisis despite the tidal wave of red ink is incredible. It's so incredible. Even CNN is like, well, you know, this inflation reduction stuff can't really deny it's happening because it's yes happening. Check this out. Finally, we have some good news on
Starting point is 00:28:34 the economy and really the number one issue for many Americans, the cost of living. So we just learned that consumer prices in february increased by 2.8% year over year, 0.2% month over month. Both of these figures were a step in the right direction and both were better than expected. So this is definitely very encouraging to see because it's going to, I think, relieve some fears that inflation was perhaps re-accelerating because this actually breaks a streak of four straight months where I think you could see it on the chart all the way to the right
Starting point is 00:29:08 where the inflation rate was going in the wrong direction. It was going higher and higher. Finally, we're seeing it dip. Listen, I get I have a lot of critics out there. Jim, they just discovered this thing I have now called what? Yes, a job, they just discovered it. And Jim, we're gonna take a break in a second for this thing called what? Yes, a job. They just discovered it. And Jim, we're going to take a break in a second for this thing called what? Yes, and they just discovered this.
Starting point is 00:29:30 I can't say this enough. Don't ever accuse me of partisan bias on the economy. I told you Republicans and Democrats have added to the debt and deficit. Did I not? Period. I have been very clear on this. The reason I play CNN polling a lot is I don't want you accusing me of making the numbers up. CNN clearly has an ideological agenda, which isn't mine, and they're even telling you, here are the numbers of inflation. They're coming down since President Trump got in office. I'm going to explain to you why in a second. And it has a lot to do with what Secretary Lutnick just said about the printing of money and the chasing of goods.
Starting point is 00:30:11 There's something Donald Trump and his team have done that is causing it to kind of level out. It could spike again, but causing it to level out. Receipts matter. I'll explain in a minute. Hey, I was reading recently hearing loss can be directly correlated with dementia. You should look that up.
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Starting point is 00:31:30 Use our promo code PATRIOT and get a pair of hearing aids for just $297. Again, I appreciate your support of the sponsors throughout the years. Folks, this is our last one for today. And they've been great to us, too. Berna, imagine you and your loved ones face a threat. It's crucial to consider a safer, less lethal alternative
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Starting point is 00:32:24 was perfectly judged. That night, Berna just didn't prevent a potential tragedy. It saved two lives without causing physical harm. Legal in all 50 states, requires no background checks, and conveniently shipped right to your door. Visit berna.com slash Dan now for an exclusive 10% discount to my listeners today. That's b-y-r-n-a dot com slash Dan, must be 18 or older. Visit berna.com slash Dan for details. Thank older visit Berna.com slash Dan for details. Thank you, Berna. So why is this happening? Why is inflation still elevated? Okay, we do receipts here.
Starting point is 00:32:54 We don't do hide inconvenient truths. But why is it coming down in just 50 plus days of the Trump administration? There are a lot of reasons, but I'm going to give you two that I think are the most important. Our Energy Secretary, who's excellent, Secretary Wright, has committed in conjunction with Donald Trump and his team, President Trump, to a full, I don't know how to say it, drill baby drill agenda. If we have gas and petrol products underneath the ground somewhere,
Starting point is 00:33:25 it is our goal to get them cheaply into your gas tank, into your factory so that you can run your business. Now, why does that matter? Because, folks, there is a futures market for these products. In other words, people will bid on the future price of oil and gas. There is a huge speculative market. I know that has a negative connotation, speculators, but that's what people do. It's a free country. You can invest in futures contracts all you want. Futures contracts are going to start to come down dramatically as Energy Secretary Wright and President Trump start opening up land for
Starting point is 00:34:02 more development. That is why, and that's why does that have to do with inflation? Well it's fairly obvious. A huge chunk of your expenses are home heating bills, gasoline prices, oil and gas for your heater in your house. But think about for the business world. Folks, these factories don't run on good intentions. They run on oil and gas and petrol products. It's energy that goes into this. You want to build a manufacturing base? We need energy. It's
Starting point is 00:34:30 a huge input cost. So if you can control an input cost, your output cost, in other words, the forward-facing price of the product you deal with is going to be less. That's why the inflation number is starting to ebb, even though we are dealing with a massive hangover of a $30 trillion debt and $2 trillion from last year. Second thing, Donald Trump's tax cuts through the extension of his 2017 tax cuts, which have now, the process has at least started through reconciliation. Republicans collectively said, we want this and started the process.
Starting point is 00:35:04 There's a futures market as well Not technically but it's called the stock market The stock market is the net present value today of the future profits of a company I don't want to bore anyone to death when you invest in a stock that say 10x the money of the company makes Why would you invest in a stock that the company says it's more than they actually make? The answer is because you're not investing in what they make today, you're investing in the net present value of their future profit stream. So if you think tax cuts are coming and production is going to be juiced, then people are investing
Starting point is 00:35:35 in the stock market anticipating more products out there are going to suck up a lot more of this money and therefore inflation. Whew, that was a lot. Here's the second part of that interview. Secretary Howard Ludnick talking about how Donald Trump doesn't want personal income taxes. He's not talking about consumption taxes because that's basically what tariffs will be. But income taxes, I don't know if he's talking about capital gains too, but Donald Trump's
Starting point is 00:36:03 goal is no taxes for people to make less than $150,000 a year. Do you have any idea the impact on the economy if you basically took home outside of state and local taxes, property taxes, your entire paycheck? You have any idea how much juice to the economy that would be? Listen to this. How about no tax on tips? How about no tax on overtime? How about no social security? How about all those things? These are the kind of thoughts that will change America.
Starting point is 00:36:37 I know what his goal is. No tax for anybody who makes less than $150,000 a year. That's his goal. And that's what I'm working for. Put aside all the nonsense partisan talking points because we do only receipts here. That's all I care about. I'm not interested in talking points. Ladies and gentlemen, if you make $150,000,
Starting point is 00:36:59 say 100, we'll just use a rounder number there. You make $100,000 a year. That's state and local taxes, obviously Donald, President Trump, he can influence that, but he can't legislate on that, OK? Or he's not the executive over that, the governors are. Take out 10% on average. So you figure you take home 90% of your paycheck. No federal income taxes, nothing else.
Starting point is 00:37:20 Do you have any idea how much money would flow into the economy? So now, say, throw out round numbers, you're making $300, $400 extra dollars a paycheck, weekly or bi-weekly, right? $300, $400 extra dollars a paycheck. What are you going to do with it? The answer is, it doesn't matter. Whatever you do with it, the economy gets juiced.
Starting point is 00:37:44 Well, Dan, if I don't spend it, the economy doesn't get juiced, I didn't buy anything. That is incorrect, sir. I know you're not saying that my P1s because you're smart. What do you do with the money? Well, I would put it in the bank and it's not doing anything. No, the bank is taking that money and lending it to a business.
Starting point is 00:38:02 And the more money that flushes around in the economy, interest rates then come down. The money becomes cheaper because there's more money. It's like anything else. You run out of bagels, they become expensive. You have a lot of bagels, they become really cheap. Supply-demand, it's not hard. Market clearing prices, the intersection of those two points on a graph. You get a ton of money flushing into banks now and the financial system, loans get cheaper. People can buy more cars cheaper. People can buy more homes.
Starting point is 00:38:35 Businesses can buy more factory equipment. There is no scenario here by which the economy loses, none. But Dan, what if they spend the money? Great, and maybe they buy another car. So then the car dealer has to replace the car you just bought. So then they have to get more steel and glass and rubber for the tires and brake pads.
Starting point is 00:38:57 Then they gotta hire another salesman and everybody gets a job. But Dan, the government would be starved of money. Okay, show me evidence. Anyone in the chat? Show me evidence of that? No, show me evidence. Show me a Republican tax cut of the last 40 years that has, quote, cost the government money. I'll wait. Okay, you can't. Now, for the liberals in the chat who say clearly you're lying. I heard in school from my liberal professor Samuel, Samuel Gee had the same liberal professor on the quad smoking a bowl and Samuel told them the
Starting point is 00:39:34 Reagan tax cuts eviscerated the benevolent government and stole money from the government. It's actually the government's money, it's not yours. I say really do me a favor go to Statista that website It's a statistics website and pull up US federal government revenue by year and show me the Republican tax cut that quote Cost the government money. Oh, look at that. Look at that the Reagan tax cuts government actually brought in more money Let's go back even farther. Let's go back to Calvin Coolidge. There are people out there on the other side of the fence. Who was that?
Starting point is 00:40:09 He was a president. Look at his tax cuts. Oh, look, the government made more money. Look at the George W. Oh my gosh. Look at these guys, they're so fast. I didn't even tell them to do that. Here it is on the screen. I saw it pop up.
Starting point is 00:40:21 We got fancy monitors. Total receipts of the US government 2000 to 2029 guys I'm not a math Michael you're a math major correct that line looks like it's going what direction up you guys have that upside down up Michael says I am a math major I can confirm that is in fact up that's the chart but I thought liberals told us that the Trump tax cuts, the Bush tax cuts, and the Reagan tax cuts cost us a whole boatload of money. Now to be clear, that only covers Bush and Donald Trump. But that's not what I see in that handy-dandy chart there.
Starting point is 00:40:57 So Dan, what you're telling me is if the Trump vision for the economy is implemented, people will have more money, People will sell more cars. Barbers will get more haircuts. People will get more jobs. It will be fewer people on unemployment and social services, so we won't have to spend more tax dollars taking care of people. And that the government may actually raise more revenue because they're taking a slice from an enormous pie.
Starting point is 00:41:22 That's exactly what I'm telling you. Now, if you're going to counter that and say, well, that plan sucks, I'm going to say to you, OK, show me your receipts. Look at that. You don't have them. You don't have them. No, no, we have an example of a great economy.
Starting point is 00:41:39 We have the Barack Obama eight years. Really, you do. Maybe you're unaware of this, but you should check this yourself, fact check it so you don't think I'm making it up. Do you know Barack Obama is the only president in modern US history in eight years? In eight years, he had two terms in case you forgot. The only president in modern US history to not hit the 3% GDP mark ever in his eight years. 3%. That's not even that hard to do in an economy as powerful as ours. I strongly encourage you to just, if you're going to fight back, go
Starting point is 00:42:14 right ahead. I respect and love free speech and I love a good argument. All I'm asking for is the receipts. That's it. Is what I'm saying wrong is what I'm saying wrong. It's not. And you know it. By the way, if you're gonna throw a curveball at me, someone sent me the nicest email yesterday. It was a woman and if you're out there listening, forgive me, I forget your name, it's not intentional, we're just getting so many nice emails. And she said to me, Dan, what I'm gonna miss most about your show is you always bring the hard receipts and I use them to debate my liberal friends and I never lose an argument. I gotta tell you, I almost started, like the tears almost started flowing. Like that is the, that is like the sole purpose of
Starting point is 00:42:59 this show from the beginning. That has been the purpose of the show. Folks, opinions are like holes, right? Everybody's got one. Can you back it up or not? And the purpose of this show for 10 years has been to produce data and receipts that you can go and say, I'm sorry, you're entitled to your opinion, which I respect,
Starting point is 00:43:20 but your opinion is not a fact. It's actually incorrect. You doubt what I'm telling you, show me otherwise. You can't. I'm gonna miss that. But I hope you understand that as of Monday, I have a different responsibility to all of the citizens of this great United States.
Starting point is 00:43:42 And my partisan hat, like it had in the past during my time in my prior line of work, protecting both Republicans and Democrat presidents, I hope you all understand that. I have to, I know, you're killing my vibe. Sheesh. Gee. I'm gonna miss that too. He has the worst timing ever, do you know that? Like having this emotional moment, he's like, speak into the mic, I'm eating miss that too. He's the worst timing ever, do you know that?
Starting point is 00:44:05 Like having this emotional moment, he's like, squeeze into the mic, I'm eating the thing, what else you want me to do? Oh, okay, well that's a good point. Well, regardless, what I was saying is that, Monday, I hope you all understand, I have to put that all aside, that's what I swore to do, and that oath matters to me.
Starting point is 00:44:25 And I know you guys respect that. So thank you. All right, let me get to my next topic so I don't get too emotional about this stuff. Again, tomorrow's show is going to be a total surprise. It's not a joke. I am not kidding. I have no idea what these guys have planned
Starting point is 00:44:39 on radio or podcast. And I think that's going to be the best part of it. So this happened yesterday. Folks in the chat, one of my final, yeah, why are you afraid to address the MC? Jimmy, that's an appropriate name for you, Jimmy Dong. If you picked a pseudo name, that was perfect for you. Yes, you're right. Guy, we've never discussed that topic ever on the show, right?
Starting point is 00:45:07 Ever. No, never. Never, never. Don't we actually have shows titled that? I'm sure we do, yeah. Yeah, you can actually look at the library, but of course, we always get some smart ass in the chat who likes to say dumb stuff.
Starting point is 00:45:19 Not this guy, though. Henry04U2. I love Guy. No, we don't get a bit, why does GEE by the way always capitalize? That happens with me with autocorrect. Is there a reason? Yeah, because it stands for graphic user interface. Oh, oh, oh, the compu, yes, yes, graphic user interface, good point.
Starting point is 00:45:40 Yeah, it does that for me all the time too. That is not my legal name though. That is not, I know it's not your legal name I found that out Interestingly enough when uh some employment documents. I was like wow look at this, but we like it All right back to the show. You know how easily I get distracted sometimes shows authentic and I uh I just got so much going on in my head, man
Starting point is 00:46:03 So yesterday one of the best Donald Trump appointments so far, as the borders are, can we all agree, if you disagree, let me know in the chat, has been the great Tom Homan. I just want to show you this yesterday. Leftist activists, I thought they hated insurrections and taking over government buildings. I thought that was their thing.
Starting point is 00:46:20 We're anti-insurrection. We hate the Chewbacca guy. Remember him? Chewbacca almost took over the country. We almost lost everything. It was the worst event since the Civil War. Remember them talking about that? They don't seem to care much about insurrections in the New York state capitol. All Tom Homan was doing was showing up to talk about illegal immigration in New York. They didn't like that. There was a lot of screaming and yelling. He had to have a police escort inside. Check this out. I'm just sorry Smarty Pants 3. What a name. I love using your receipts. It's why I trust
Starting point is 00:47:13 your opinions. I try not to get as emotional. Thank you sir or ma'am. Love you too. I thought they don't like insurrections. I thought they were the anti insurrection party. I don't get it. Looks to me very insurrection. He. Here is a dark mode Tom Homan. You gotta love this guy. I've met Tom. I've known Tom a long time. Amazing guy. An absolute patriot. By the way, another guy who has worked for Democrat and Republican presidents and has done his job the exact same way. They just don't like him because he's working for a Republican president now. Here is a dark mode Tom Homan. You guys listed the dark mode on child separations. Ladies and gentlemen, you don't want to be separated from your child.
Starting point is 00:47:50 Don't commit a crime. You have to go to jail. It's really not difficult to do. Check this out. Now, I always hear all the time family separation. Homan's a godfather, saying, I mean, except for separation. Let me be clear. Zero talents is about saving lives. When we figure we start prosecuting people who violate the law and put the children in harm's way,
Starting point is 00:48:11 maybe they stop coming. And they did. Numbers went down. It's unfortunate families got separated. But it happens to American families every day. It's going to happen in Albany today that American families will be separated by law enforcement because the child can't go to jail with a parent. But you want to talk about family separation? A half a million
Starting point is 00:48:27 children and Joe Biden were trafficking this country. They can't find 300,000 of them. That's the separation. But you know what President Trump's committed? We're going to find them and we're going to save them because many children are enforced labor, many children are enforced sex slavery. We're going to save them. This administration. You're not going to save them. This administration. You're not going to find a more powerful voice for a strong border. Folks, the border is not a suggestion. It was never designed to be a suggestion, just like the Constitution is not a suggestion. Do you understand, most of you I assume have traveled, have any of you traveled overseas? Some have, some haven't.
Starting point is 00:49:05 You understand what, you know, Vita and I were having this conversation, or, no, I got to tease that, by the way. Don't let me forget. Make sure, don't let me get off the air. Vita and I, you know, Vita and I are friends outside of us working, at least for the next few days in the same company. But Vita and I were talking about how you, one of the exceptions to the search and seizure rules of our Constitution are at the U.S. border. But Evita and I were talking about how one of the exceptions to the search and seizure
Starting point is 00:49:25 rules of our Constitution are at the US border. When you come back in, say you cross into Mexico and drive back, at the border, they can search your car. They can search your car. If we don't have rules at the border and restrictions on who can come in and come out, you don't even have a country. You have a suggestion of a country.
Starting point is 00:49:42 You have what's called a land mass and that's it. Speaking of which, you know, I'd like to think there's a lot of things I'm good at, a lot of things I'm not good at, a lot. Matter of fact, I wrote a whole book about things I'm not good at. But I'm a really good judge of talent and I knew we had a star in Evita early on. I knew it. The show has been just incredible for us. Rumble.com slash Evita. I hope you're watching every single day. She said to me the other day, you know, Dan, can you do my show on Friday tomorrow?
Starting point is 00:50:14 I said, absolutely. So we had a little conversation about it and the conversation went on forever. And it was just, there's so many interesting, everything from the vaccine, from how we got to where we are to protests on campus to the Khalil case to free speech to the book the natural some of you know where i'm going that you're not going to want to miss this conversation tomorrow if there was ever a early edition with a Vita at 9 a.m. every day show you wanted to watch it's tomorrow tomorrow. It's a really candid conversation, a very emotional one, with me and Aveda Duffy.
Starting point is 00:50:49 Rumble.com slash Aveda, 9 a.m. Eastern Time tomorrow. Always check out Haley. Haley had 13,000 streamers last night at 6 p.m. The Bongino Army, you guys are amazing. You are so incredibly loyal. Thank you so much. And then Vince, sitting right out there actually, starting next week at 10 a.m. His first interview, Tucker Carlson. And believe me, that's it.
Starting point is 00:51:13 He has emptied out his Rolodex to bring you the best first week you're gonna see. Folks, this is, uh... It was my last show like this. Tomorrow, I don't really know what's ahead. These guys have taken over the show for tomorrow, and I appreciate that. But this is gonna be my last show with this format so so thanks that's all I gotta say I love you guys see you in the radio show a little bit and back here tomorrow you just heard the Dan Bon Gino show

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