The Dan Bongino Show - Ep. 592 The Democrats are Playing With Fire
Episode Date: November 16, 2017What is “regime uncertainty” and why should it matter to you? This excellent piece explains why. https://t.co/HEuJuGdIlD Why are the Democrats and the mainstream media turning on the Clintons... now? This piece offers a strong explanation. http://www.frontpagemag.com/fpm/268449/why-democrats-really-turned-bill-clinton-daniel-greenfield The Obamacare tax penalty is becoming a political football and, as is often the case, the CBO is providing misleading data. This piece debunks some of their assertions. http://www.washingtonexaminer.com/stop-saying-13-million-people-will-lose-coverage-if-the-individual-mandate-is-repealed/article/2640770 Here’s a brief but powerful explanation of why socialism destroys economies. http://www.washingtonexaminer.com/venezuela-finally-admits-it-the-socialist-country-is-bankrupt/article/2640756 If you support a Balanced Budget Amendment then you should read this. https://www.cato.org/blog/economists-oppose-strict-balanced-budget-amendment-could-us-adopt-sophisticated-one?utm_source=Cato+Institute+Emails&utm_campaign=840b5a45f1-Cato_at_Liberty_RSS&utm_medium=email&utm_term=0_395878584c-840b5a45f1-143016961&goal=0_395878584c-840b5a45f1-143016961&mc_cid=840b5a45f1&mc_eid=3fd7404a34 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 all right welcome to the dan bongino show producer joe how are you today hey
man i'm doing well how about you babe yeah yeah yeah good man uh you know it's interesting i read
a piece this morning and uh you know i like to give alternate points of view even from my own
because i think uh you know unlike a lot of liberal america the snowflakes that don't want to be exposed ever to conservative or liberty-based
or libertarian ideas i think the responsible thing to do on this show is to always give you
how i feel i mean it's my show i you know you're listening obviously for my opinion somewhat yeah
um it's also to present the facts and the data but i think in a really good healthy intellectual
environment you should give alternate opinions too
and do your best to refute them.
And it was interesting.
Yesterday, Joe, we were talking about on the show
the impact on the margin of bad decisions.
In other words, yesterday,
remember we were bringing up the idea of special counsels
and the idea of boycotts.
And we acknowledged that this is not an argument, whether it's special counsels or the boycotting of companies based on political positions they take.
It's not a question of what's a good or bad decision.
Remember that yesterday?
Yeah, yeah.
For those of you who listen to the show, great.
You already know.
But for those who may have missed it, the point I was trying to make is that boycotting businesses based on their political stances.
The point I was trying to make is that boycotting businesses based on their political stances.
In other words, what I think we have to do to fight back, especially everything that's happening with the Hannity show and these clowns at Media Matters and this other stuff.
I don't want to hit on this three days in a row, but there's a point here.
They're dumb decisions.
Boycotts are stupid.
I absolutely 100% acknowledge that.
They are complete idiocy.
Companies that advertise on shows are paying to access their audience.
They are not endorsing their political ideas. This is an idea as old as the sun um anyone doesn't get that is
typically a liberal but conservatives we have to fight back and we have to fight back by boycotting
the boycotters an equally dumb decision but a necessary one um also with the special counsels
i brought up yesterday and this is where i want to give you an alternate viewpoint because i read a
really really good piece this morning special counsel, the idea that we should appoint federal prosecutors,
not outside of the DOJ, they still work for the DOJ,
but like Bob Mueller is now, one who is really not subjected
to the standard operating procedures of the Department of Justice,
who was appointed from the outside to come in and investigate
one specific thing, in this case, the mythical Trump-Russian collusion collusion thing these are bad ideas joe we already have a department of justice we already
have a department of justice subjected to checks and balances like every other branch of government
appointing a special counsel is a bad idea but i made the point yesterday that yes it's a bad idea
but a worse idea is only appointing special counsels to investigate republicans and that's
unfortunately the road we're going down which is what happened in this trump russia thing idea is only appointing special counsels to investigate Republicans. And that's unfortunately
the road we're going down, which is what happened in this Trump Russia thing, where you have a bevy
of accusations against the Clintons, I think that are substantive. And yet there was no talk about
special counsels for them. And yet you have accusations that have devoid of substance with
the Trump Russia fairy tale. And then all of a sudden there's a special counsel appointed to
investigate Trump, even though the allegations are farcical, laugh tale, and then all of a sudden there's a special counsel appointed to investigate Trump,
even though the allegations are farcical, laughable,
and there's no evidence whatsoever of a crime.
And even if there was evidence of collusion,
which there isn't, by the way,
I mean, even Democratic senators have acknowledged this,
collusion isn't even a crime.
I'm not saying it's a good thing, but it's not a crime.
These are just the facts, folks.
However troublesome they may be to you.
But now all of a sudden we have a special counsel that's appeared, the Bob Mueller special counsel, to investigate Trump.
And the point I was trying to make yesterday is, you know what?
If they're going to play this game, we have to teach them that the game is bad.
Because it is bad, Joe.
You know, we're losing our sense of fidelity and loyalty to institutions we trust.
We're seeing institutions previously deemed untouchable and blind to partisan politics as being corrupted by political ideology.
The Department of Justice, folks, let's be honest.
Let's put all the talking points out on the table, okay?
Let's expose everything, really, for what it is.
Two, three decades ago, few people perceived the FBI and the Department of Justice as partisan.
Yes, of course, we had the J. Edgar Hoover days.
But the FBI has done a very good job over the years of remaining above the political fray.
Now, all of a sudden, we're seeing institutions politicize the military, the FBI in ways that are unacceptable to America.
And as Kevin Williamson writes in a piece today, a national review, which I'll put at the show notes, it's a wonderful piece.
Let me take a note on that so I don't forget, by the way.
Kevin Williams has a great piece about the dangers of what he calls, Joe, and this is important, regime uncertainty.
How the idea that we what we used to be able to trust courts, the military, the FBI, all of these things, the Department of Justice.
When we can't trust that anymore, that this is the slow devolving of a society into chaos in the long run.
Just because it's happening slowly, Joe, don't confuse it with it not happening.
It's happening.
Right.
Just slowly.
Now, I say that because you may say well dan that
then makes the argument against your case yesterday my case yesterday to be clear was that
we need a special counsel for the clintons if anything because the one joe because the allegations
are substantive and because if they're going to appoint special counsels for special cases like
this only for republicans the democrats need to feel it too, maybe to teach them the lesson that special counsels are a really bad idea,
because I believe in the long run, that will reestablish faith in our system.
So Dan Henninger has a piece in the Wall Street Journal today, which I thought was really good.
He's a smart guy. And Henninger takes the opposite approach to me, which I think is,
but he lays it out in a thoughtful way that matters. I think you should hear it, Joe.
He says, listen, this is a really dumb idea,
special counsel for the Clintons,
because it's just reinforcing the idea
that we're using our Department of Justice
to go after our political opponents.
I don't disagree,
but that's already happening now.
And the problem is,
if your political opponents which the democrats argued
for joe the democrats are trump's political opponent right yeah if the democrats arguing
that trump should have had a special counsel to investigate trump russia based on loose if any
evidence at all and they are his political opponents based on special circumstances oh
he's the president no one's going to be able to effectively prosecute the case.
Then you've laid down a set of rules, right, Joe?
The set of rules are he's the president, politically powerful.
He's got political connections.
Standard Department of Justice rules aren't going to work.
There's smoke.
Therefore, there's fire.
We should have a special counsel.
I'm just applying those same rules to Hillary.
She's politically connected, politically powerful.
Her husband's a former president.
She was a presidential candidate and U.S. Senator.
Where there's smoke, there's fire. Therefore,
special counsel. I'm just applying your rules
in an
effort.
I don't think Henninger, he's not a crazy guy.
He's not a leave rights good stuff. I just
disagree with him because I think
what he's missing here is he's right.
Special counsel suck, but if you're going to lay down a set of missing here is he's right special counsel suck but if
you're going to lay down a set of rules it's not the special counsels that become the argument
the hill to die on it's the rules you see what I'm saying Joe yeah the rules are what we have
to the rules are stupid so the rules are what whether smoke this, any allegation is worthy of a special counsel at any point?
As long as it's your political opponent?
We're not
arguing anymore about the special counsels. We're
arguing about the rules. And in
order to teach them that the rules are dumb,
we have to apply those rules,
those stupid rules, albeit Henninger's
right. We have
to apply those stupid rules to the other side
too. Let me give you a quick analogy for joe
if my losing am i losing you here no i'm with you okay yeah because this is important folks i'd love
the gosh man this you know i know i say it every day i don't want you to sound corny or goofy or
anything but i really really really love this country and i love this place i know we have so
many powerful great wonderful prosperous things in our future. I know it.
I know despite all the gloom and doom and oh, it's the end of times, all this other stuff.
And sometimes I jokingly tweet that when I see snowflake liberal stupidity.
This is the greatest place on earth.
You are so lucky to be alive right now in this place at this time, right at this moment.
Gosh, you've seen levels of prosperity never known in human history right now, right here.
It's just such a darn shame to watch it all be thrown away for such stupid reasons.
You lost an election, Democrats.
You don't like the guy? Fine.
We didn't like Obama for eight years.
I argued against impeaching Obama.
Don't tell me we're being hypocrites.
Even though I thought the guy was a constitutional usurper of of powers and I thought I made a forceful case about that I believe fidelity to our our elections are important
gosh this is just insane we're throwing this all out the window we are applying one set of rules
to democrats and one set of rules to republic without teaching them that the rules are bad. Now, to back up my point and to kind of, I think, refute Henninger's piece a little
bit, respectfully so. Again, I think he's a nice guy. Joe, there was an independent counsel law at
one point, not a special counsel, an independent counsel. It's different. The independent counsel law
was put on the books after Watergate,
which enabled a prosecutor
to come in independently and investigate.
There have been many of them.
We had Watergate, Whitewater,
Kenneth Starr famously was an independent counsel.
Independent counsels were a very bad idea
for the same reasons I just told you, folks.
They became political weapons,
not weapons of justice.
We already have a Justice Department.
Joe, you know what?
I'm not going to,
I don't want to set you up on this
because I didn't prepare you for this before the show.
No, no.
But the independent counsel law
was allowed to lapse in 1999.
The president in 1999 the president in 1999 you see where i'm going with this yeah was bill clinton
okay the reason the independent council law was allowed to lapse and was not re-upped
was because democrats joe said you see where I'm going with this now?
Yeah.
Man, that Monica Lewinsky thing didn't work out too great for us
under this independent counsel thing.
So you know what?
Let's just go back to the standard rules of justice
and stop playing this stupid political game.
Folks, again, with all due respect to Dan Hedger,
he seems like a very nice guy.
I don't think we've ever met,
but I disagree 100% and think we should appoint a special
counsel to investigate.
If there's nothing there, I'm not suggesting.
Let me be clear on this too, folks.
I am not even remotely suggesting that we should appoint a special counsel to investigate
Uranium One and the Clinton Foundation and make stuff up like they're doing about Trump,
Russia and charge people with fibbing okay if there's a crime there great we lock people up if there's
none come out in front of the cameras and say folks there's nothing here uranium one maybe a
shady deal but not illegal that's fine i don't believe that i think there is something there but
if there isn't i don't want to make it up,
unlike the left with this Trump Russia fairy tale.
If the Clinton Foundation, Joe, shady, maybe.
Illegal, maybe not.
Fine, put it out there.
Right?
Joe, what's the problem?
No, I have no problem at all with that.
Oh, and you don't like it?
Oh, we don't like that.
We don't like the special counsel. All right, maybe you'll stop calling for special counsels then,
and we'll get back to regular rules of order.
So again, I'm basing this on historical evidence
of the Democrats only learning their lesson
when at the time the independent counsel law
was allowed to lapse
because the Democrats said,
Joe, ah, yeah, this boomerang back on us stuff.
Yeah, NG, no good.
We're not liking this stuff.
Remember what I told you, folks.
And I mean this.
We are all federal criminals.
All of us.
They say, oh, surely not me.
No, no, you too.
Everyone in this room has broken some federal law.
I mean, this room. Well, it's only me in this room. It's federal law. I mean, this room.
Well, it's only me in this room.
It's my studio in this audience.
I forget sometimes because our audience is so nice and generous.
All the emails.
I feel like I'm interacting with thousands of people at a time.
Everyone here is a federal criminal.
Whether you've ripped the mattress tag off,
whether you said you drove 50 miles to work
and you'd claim the mileage on your tax returns
and it was actually 48.
Let me say, oh, come on, Dan.
No, no, you broke the law.
You broke the law.
You claimed more miles than you actually drove.
You broke the law.
You may say, well, Dan, seriously?
Yes, seriously.
I'm not calling you a criminal.
I'm just telling you you broke the law. We're all federal criminals, seriously. Yeah, seriously. I'm not calling you a criminal. I'm just telling you you broke the law.
We're all federal criminals, folks.
When the checks and balances of a sound constitutional republic break down
and political parties are allowed to use the media to call for political targeting
of people, not reasonable targeting of crimes. There's a difference.
You will always find those people guilty of something,
as they did with Papadopoulos for fibbing.
Should he have told the truth to the FBI?
Obviously.
Folks, does everybody lie to the FBI?
Everyone lies to the FBI.
Unfortunately.
I wish it weren't the case.
My investigations when I was a federal agent
would have been a whole lot easier if people just would have told the weren't the case. My investigations when I was a federal agent would have been a whole lot easier
if people just would have told the truth in the beginning.
I never, folks, I know people lied to me
when I was an agent.
I've been involved in countless interviews
and interrogations, countless.
They all lie.
I have never, ever charged someone with fibbing.
It's just unheard of.
It just doesn't happen.
Everybody's a federal criminal.
In a sound constitutional republic, we investigate serious crimes that have impact enough on the community that someone goes to a police department or a federal agent show and complains about it.
Hey, I had my credit card stolen.
Hey, my daughter was mugged.
Hey, someone broke into our school.
You don't walk into a police station and say,
hey, I don't like my neighbor.
Can you investigate him?
Why?
I don't know.
I know he did something wrong.
That's what's happening with the special counsels.
Is it bad?
Yes.
Is it bad to do it to the other side?
Yes.
Is it worse to let this continue, though,
and let one side use it as a weapon against
us absolutely williamson's piece of national review is a really good one i'm going to put it
in the show notes again bongino.com if you want to join my email list you can subscribe on my
website i will send you these articles the the piece about regime uncertainty is solid and he
talks about how this is this just because we're breaking down slowly does not mean we're breaking down.
I don't want you to be, you know, this is going to be after yesterday's show where I was really fired up.
I am optimistic about the future, folks.
I promise.
We've been through worse.
We've been through a civil war.
I promise you it was far worse than what we're in now.
now but in order to fix it we are going to have to show them that the rules they're playing by are malicious one-sided hate-filled partisan based and are not real they're not real rules
because they're only rules apply to one side joe if there are rules in a boxing match oh hey uh here
are the rules we're going to allow you to put glass chips on the outer portion of your gloves
to beat the snot out of people oh we are yeah are? Yeah, yeah, but only that guy gets to do it. That's not rules, okay?
Right. Those aren't rules.
That's a mauling, and that's
what's happening right now, and it's really unfortunate.
By the way, I got an email from a lady yesterday.
This is hysterical. Some lady emails
me back. She's on my email list, and apparently
she doesn't know how she got on there. I don't either,
because I don't randomly sit at home
on my iPhone and type in random
email addresses and subscribe
you to my email list. She fired me back the funniest. I mean, it was hysterical because
she was so angry. She's like, you guys are racist, phobic, phobic, it's the phobic phobias.
And I don't know how I wound up on your email list. And man, you better get me off this.
So nothing drives people crazy when you respond back
with hey thanks for your kind words there's a big fat juicy unsubscribe button at the bottom
which you're welcome to click i had to use the joe arbicost voice have a great day yeah baby yeah
absolutely wow she was so mad she's on my email list and apparently missed the enormous unsubscribe button.
I don't know how you got there.
Maybe somebody, some conservative wanted to mess with you,
but that's not my problem.
Just click unsubscribe.
I don't pick out randos off the street.
I'm going to send you the email, Joe, after this.
I want you to read it.
It's hysterical.
I would read it.
I don't want to embarrass the lady,
but it is really, really nasty. I want you to read it. I would read it, but I don't want to embarrass the lady. But it is really, really
nasty. She's like, and screw
you and the horse you rode in on,
and screw the horse's mom, too.
Loser.
Oh, man. I did have one complaint, though, to be fair
about the show. There's a guy who emailed me, a regular
listener, super nice guy, and I always appreciate the
feedback. I hope he's listening today. He goes, listen,
I got a lot of positive feedback over the last
two days, but I always like to put out the negative stuff too. And he said, I thought you going after Angelo Corazon for Media Matters was a little personal. Fair enough, folks, but when I'm wrong, I apologize on that. I'm not. I'm sorry. This is a vindictive, really nasty human being who absolutely deserves to be called out. So I appreciate your feedback on that, but I'm sorry.
I don't rescind, retract, or apologize for that one bit.
This is a really nasty person looking to do real damage to people's lives,
and I don't accept it.
All right, today's show brought to you by our buddies at Filter By.
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oh so much this is a juicy one i had to talk about today and i didn't have to cry on the paper today
joe had to take out a record something like 472 sniffles yesterday. Yes, yes, it was.
Yes. This repeal of the
Obamacare individual mandate
is turning into a
real kind of
tennis match back and forth
right now. And I want to give you the what
you need to know because, folks, I got to tell you,
again, I know it.
It's so
what's going on with the individual mandate? It's fascinating. I know it
sounds crazy. Like, really? No, no. This is really a fascinating lesson in politics.
Let me give you a couple of takeaways. So in the Senate tax plan, the Senate tax cut plan
is a repeal of the Obama mandate. In other words, if you do not buy Obamacare,
you get penalized by the IRS.
It's either a percentage of your income
or 695-something dollars, whatever's larger.
There are 6 million people currently paying this penalty
to not buy Obamacare.
You're like, wait, what?
Yes, there are millions of people
where Obamacare sucks so bad
who are paying a penalty to the IRS to not buy it.
It's like comical, Joe.
Obamacare, so wonderful.
Six million people pay the IRS to not buy it.
No, no.
That's real, okay?
So that's takeaway number one.
Millions of people are paying this penalty currently, this tax penalty, because it sucks so bad.
Takeaway number two. The CBO is at their shenanigans again and is estimated that
remember i told you how the cbo is actually working for the republicans right now because
they're saying oh all these people all these people then won't sign up for obamacare therefore
the government won't have to pay their subsidies so they can save money and the government can then
use all that save money to give back to people in the form of tax cuts. Make sense?
But the shenanigans with the CBO don't end with that.
They're throwing out a number that Al Franken,
who I promptly called out on Twitter, and the tweet went nuclear.
It got thousands of retweets on it.
Al Franken said, CBO estimate, if they repeal the individual mandate, Joe,
get away for it, wait for it,
13 million people
are going to lose insurance.
You're going to die.
Because they do it.
By the way, Marvin the Detective
was a huge hit yesterday.
I got a couple of Facebook.
I mean, you got to write
all these characters now.
We're losing track of them.
I will.
Yeah, people love Marvin.
Marv is a big hit.
Cool.
So you're going to die.
13 million people.
You're going to be instantly evaporated like that Martian death ray.
Zzzz, zzzz from War of the Worlds.
Okay.
Al Franken tweets out, 13 million people are going to lose insurance.
This is crazy if this individual mandate.
Now, you should be saying yourself as a reasonable human being.
Let me get this straight.
If a penalty for not buying Obamacare is rescinded,
in other words, I don't want it. I have to now pay a tax penalty because I don't want it and I'm not going to buy it. What they're saying is if that tax penalty is repealed, that 13 million
people are going to lose insurance. You may be saying, well, how the hell is that? Okay,
the number's garbage. Let's debunk that right now and explain to you what's going on behind
the scenes because there's a little tennis match going on that's even more interesting.
Of that 13 million people, which the democrats are lying about that
are supposedly joe going to lose insurance if the individual mandate tax is repealed
five million of those 13 million are medicaid recipients huh wait wait hold on this let me
joe this is me scratching my head can you hear that um do you hear the head scratching at all
theater of the mind yeah theater of the mind, yeah. Theater of the mind, okay.
I actually was scratching my head, okay?
Five million, so let me get this straight.
The CBO is suggesting that Medicaid,
Medicaid, government-sponsored and paid-for healthcare
given to people who are poor,
which is free to them, not to you,
but it's free to them.
So Joe, if you were on Medicaid, you get government healthcare, they pay for it.
Right.
You don't pay.
Other taxpayers pay for it.
10-4.
The CBO is suggesting that even though the program is free to producer Joe Marvin and
all of his 6,000 different personalities that live in Joe's head, right?
thousand different personalities that live in Joe's head, right?
That even though it's free to you, that people will still not want Medicaid, even though it's free, because now there's no penalty?
Think about what I'm telling you.
What the hell was that?
Nobody can explain it.
So it's a free product that you are now paying a penalty to get away from but if the
penalties rescinded even more people will dump it does that make any sense to you no so the penalties
rescinded and five million people are still not going to want this crap from the government called
medicaid now they're also saying that 2 million other people are
going to lose. This is 7 million out of the 13 million.
2 million more people are going to
use it. Another group of people are going to
quote, lose insurance.
Keep in mind, Medicaid's not going anywhere, Joe.
They're just saying that now that people
won't be penalized, now there'll be a real rush
to get away from Medicaid because they don't have to pay a penalty
for not having Medicaid.
Wait, what?
We had, wait, what was ours, by the way,
way before some other people took it.
I'm just saying.
Wait, wait, wait, what?
We said it all the time.
So now there's no penalty for not buying Medicaid.
So now there's a rush for the doors
to get away from Medicaid,
even though Medicaid's not going anywhere.
So how that's you losing insurance
and not choosing to dump this garbage is beyond me.
Secondly, they're saying, well, people who have employer-sponsored coverage now two million
people will leave that employer-sponsored coverage now because it's obamacare coverage
and it basically sucks so bad now that there's no penalty they're going to leave too
wait wait come again how is that people losing insurance? That's people again saying,
wow, this sucks so bad,
this employer coverage because it's Obamacare,
but now that there's no penalty,
now I'm out the door.
So you can immediately throw out
7 million of those 13 million people.
They are not losing anything.
They are being given a product, Joe,
either by the government or by their employer
that sucks so bad that they would only buy it if they were penalized. Make sense? Yeah. being given a product, Joe, either by the government or by their employer, that sucked
so bad that they would only buy it if they were penalized.
Make sense?
Yeah.
Now that they're not going to be penalized on a tax, they're running for the exits because
the product sucked so bad.
Jeez.
So now we have six million left.
Okay.
Let's explain away those other six million.
And here's where this is just a fascinating lesson in internal politics.
That's bifurcated into two separate groups here.
But the one group I want to focus on now, this is critical,
is because we don't know how many are in either group, 5 million, 1 million.
So let's just focus on this.
Gosh, my headphones today are like crushing my ears.
I have these Sennheiser headphones.
They're great, but I think the pad, you know, the pad portion of it is wearing down.
So you have 6 million people left. And the gist of the theory on them is that if there is no
penalty for not buying Obamacare, that people are going to run for the exit show, including
healthy young folks. So if there's no penalty for healthy young folks, they're going to realize that
Obamacare sucks and they're not going to buy it. Well, what's the problem no penalty for healthy young folks, they're going to realize that Obamacare
sucks and they're not going to buy it. Well, what's the problem, Joe? Healthy young folks
are paying into the system and not really using healthcare that much because they're healthy and
young. Therefore, they can lower premiums for older folks who are older, like me, and get
sicker as time goes on. Make sense? Yeah, I'm with you so far.
So the theory is if you don't penalize these kids, if you don't force them to buy Obamacare,
they're going to bail out and premiums are going to go up.
And therefore, follow me here, these 6 million other people that are quote going to lose,
according to the CBO, health insurance, are really going to bail out because their premiums
are super high and now they don't have to pay a penalty and they just don't want to
do it anymore.
Does that make sense? Yeah. So what's the problem with that yeah the
problem with it is the republicans this folks follow me for a second because i really it's
really interesting what's going on here the republicans are saying and i don't think this
is a good idea i'm just telling you what they're saying here they're saying poppycock that's garbage i
haven't used that one in a while poppycock they haven't used that one i think ever they're saying
that this is nonsense because alexander murray which is a different bill in the senate is a bill
to reinstate the insurance company bailouts these these cost-sharing agreements, right? Mm-hmm. That would offset the increase in premiums from all the young kids bailing out.
So the old people who are paying more higher premiums that they're saying would bail because of higher premiums,
nonsense, are really going to get bigger subsidies from the government anyway.
I know it's hard to follow.
Yeah, it's getting a little harder to follow, yeah.
Okay.
So CBO, forget about the 13 million number.
Seven million is total garbage.
You got the Medicaid, five million, two million for employee coverage.
They just don't want it, so forget that.
But there are still six million people who will, quote, lose insurance if the Obamacare individual mandates repeal, according to CBO.
They will lose it, apparently, according to CBO, because their premiums are going to skyrocket.
Their premiums are going to skyrocket because if there's no penalty to keep young people
in the market, they're all going to bail out.
Okay.
And older, sicker people will be left behind paying higher premiums.
Right.
But the Republicans, Joe, the point I'm trying to make, have already said, and I don't agree
with this, I'm just telling you what they've said.
They've already said, if this passes, the individual mandate and the tax bill, the individual mandate tax repeal and the tax bill.
We will pass these cost sharing subsidies.
So any premium hikes for these six million people that would have, quote, Joe, cost them to lose insurance,
would be totally offset by an increase in subsidies.
Now, as a follow.
In other words, your prices are going to go up according to CBO.
But don't worry, because we're going to pass a bill that's going to give you back money in the form of subsidies right so your price your price isn't going to go
anywhere why is this interesting because now the democrats and i don't agree with that i think it's
a dumb idea but this is goes to show you the absolute this is why i wake up every day wondering
what stupid liberal argument i'm going to have to refute today. The Democrats are now saying,
hey, by the way, Alexander Murray, where we're going to bail out the insurance companies and
give people money to pay for higher premiums. No, no. Now we're not going to vote for it anymore.
Wait, what? First, you hated insurance companies. Then you wanted a bailout in the form of this
Alexander Murray bill where you pay insurance companies to offset higher premiums because people are bailing.
Now the Republicans say, okay, if we do this tax bill and premiums go up, we're going to
give you the money in form of subsidies.
And the Democrats are saying, no, no, now we don't want it anymore.
Why would they say that, Joe?
They're saying it now because they don't want the tax bill to pass and they want to
scare the general public. pass and they want to scare
the general public folks this goes to i i know that i know it's confused i i found this absolutely
fascinating the democrats are now saying we would rather your premiums go up and not you vote for
the bailout we voted for and we wanted just a few days ago only because we want you to feel the pain
of these 6 million people losing their insurance
if this tax bill goes through.
That's literally what they're saying.
They just supported this thing a few days ago.
You know, I've said to you over and over
that I'm not a huge fan of the pro.
I think this subsidy thing is a bad idea.
I think the best thing to do is not just repeal the individual mandate, but slowly repeal all of Obamacare as well and institute state markets and give them basically population adjusted tax money that they already paid to the federal government.
By the way, give it back to them.
Let the states work out their own Medicaid plans.
That's my suggestion, because I don't like to leave you with an open ended thing.
Well, what are you saying, Dan, that the six million people should suffer too?
No, I mean, Obamacare sucks. I'm saying we should get rid of Obamacare. We wouldn't have a problem
at all. The insurance companies would readjust in a few years and premiums would come down.
But I'm just trying to point out to you the absolute hypocrisy of Democrats.
Just a week ago, a couple of weeks ago, they were arguing that we have to pay off these
insurance companies through these bailouts and alexander murray these cost-sharing subsidies because premiums are going to go up we have to
give people this money now the republicans go okay we'll give them the money but we're just now not
going to penalize them for not having obamacare and the democrats go no no we changed our mind
we want them now to feel the premium hikes if you repeal the tax because young people will bail out
premiums will go up i thought you didn't want premiums to go up.
They don't care, folks.
I swear they just make this stuff up as they go along.
I'm not kidding.
They make it up as they go along.
It is a fascinating, it's kind of like with immigration.
They tell you, immigration is about taking care of people,
getting them into the United States.
It's the land of milk and honey, sidewalks paved in gold.
We have to get people over here.
And yet I always point out the story of the poison pill years ago.
It was a poison pill.
In other words, an amendment put into a bill to kill it.
But it was a test for the Democrats.
There was a poison pill put in an immigration amendment years ago that said,
okay, we'll give you amnesty, but nobody can vote when they come here.
You came here illegally, you don't get to vote.
The Democrats said no.
Joe, five minutes ago, it was about taking care of people.
But when you say to them, okay, we'll do it.
We'll let these people stay, but they can't vote.
No, no, no, no, no.
We changed our mind.
Because it's not about the people.
It's not about that.
It's about the votes.
And this Obamacare thing is not about
getting people health insurance it is about preserving the legacy of control obamacare
is implemented over the market and the individual mandate or government forcing you under tax
penalty to buy crap insurance you don't want the democrats want that no matter what and they've
already said republicans if you repeal this and premiums go
up, even if you take on our plan to bail out the insurance companies, we don't want our plan
anymore because we want the people to suffer. That's what they're doing. But it's just, again,
indicative of the absolute total phoniness and hypocrisy of the Democrat Party. It's sickening
on special counsels, on immigration, on taxes, on tax reform, on Obamacare.
It doesn't matter. The Democrats don't stand for anything. They've never stood for anything but
power and control over the levers of government, folks. We got to wake up to this. You got to know
your enemy and they're it right now. All right. Today's show also brought to you by Brickhouse
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Okay.
There was another really good piece I'm going to put in the show notes today.
You know what?
Before I get to it.
Yeah, well, this was a good piece too, so it's actually not.
I was going to talk about Venezuela for a second, but Daniel Greenfield, who writes a front-page mag, who I have a lot of respect for.
This guy's got a really tremendous, his articles are amazing.
He has a doozy in there today.
And, Joe, it's about the real reason the media and the Democrats are turning on the Clintons.
Have you not asked this question over the last few days?
Why all of a sudden, Joe, right?
Are the mainstream media, the Slimes, the Washington Post, CNN,
the MSNBC folks, the NBC folks,
why all of a sudden are they starting to ask questions?
There was an op-ed, and I don't know if it was the Times
or the Washington Post saying,
is it time to believe Juanita Broderick,
who had accused Bill Clinton of rape?
Is it time?
Folks, what, are we 30 years late on that?
Is it time to believe her now?
Donna Brazile coming out and attacking the Clintons.
And Greenfield, who always, again, writes good stuff, has an interesting theory about why all of a sudden it's now acceptable for some in the media to go after the Clintons.
And his theory is this, and I think he's right.
I read it and I was like, damn, that's a good one.
I love to break stuff to my audience.
I wish I thought of it first because really it's fascinating.
Here's his theory.
There was a super PAC the Clintons had formed in May called Onward Together.
formed in May called Onward Together.
And it's convenient as right around the time that super PAC formed,
the Democrats started to get a little worried.
Now, why is that?
Because remember, Joe, it was OFA, Obama for America,
and then Organizing for America.
Obama's side super PACs and his stuff that had drained volunteers
and energy from the DNC.
The DNC was broke after eight years of Obama.
People forget that.
The DNC and the Democrats did not want to go through that again.
So the idea that Clinton, after she lost, Joe,
was going to start an Obama-like super PAC on the side,
which was going to siphon money away from the DNC,
which is their power base, the establishment DNC, Democratic
National Committee, their party, Joe.
The idea that they were going to have to deal with another eight years of an Obama-like
outside entity siphoning off volunteers and people from the power base, the establishment
power base, was too unpalatable for them, and it was time to throw them overboard.
The gist of Greenfield's piece is this.
This is not some moral awakening by the media oh maybe
it's time to start believing sexual accusers against bill clinton now because it's the right
thing to do not for them for us it was for them it has nothing to do with that at all it basically
has everything to do with the democrats trying to retain money and what's it about joe control
control control control control control power money volunteers it's it about, Joe? Control, control, control, control, control. Control, power, money, volunteers.
It's about all of that.
And they simply did not want the Clintons
replicating the Obama model,
siphoning off money and people.
So it's now open season on the Clintons
in both the media and amongst Democrats.
Read the piece.
It is awesome.
It'll be in the show notes.
It's not subscriber only.
Anybody can read it.
I'll put it up on gino.com and at the show notes. It's not subscriber only. Anybody can read it. I'll put
it up on Gino.com and at the show notes. But the guy makes a ton of sense. And I was like,
I'm telling you, I'm reading it this morning. I got up late this morning. I'm just really,
really exhausted lately. I've been beaten to snot. And I'm like, darn it. Why didn't I think
of this first? I really wanted to, but it's really a good piece. So go check it out, Daniel Greenfield.
All right. This was the story I wanted to talk about because it's another good one.
There's a story about Venezuela and why Venezuela collapsed, and we had addressed it yesterday. But
just quickly, one note that I missed yesterday, or I didn't explain well, is it talks about
Venezuela and price fixing and why price fixing in socialist countries never works. And it's really,
really well done. The piece will be in the show notes. is hold on where was it i hate to and i don't give them a little bit of a shout out on the show
oh oh it was at uh washington examiner really good piece he explains how price fixing which
is when government you know when when government controls the means of production i.e socialism
like in venezuela and they take over an oil company they set the prices the government does
even though the market doesn't they have no expertise to do so whatsoever.
But he says, think about an example. And he points out the great example of Marie Antoinette.
Remember the let them eat cake? Let them eat cake. They were starving, the French,
and all of a sudden, they're out of bread. And he says, listen, the line was really like,
let them eat brioche or whatever. And he points to this interesting example of government price fixing and how it can never work and i thought brilliant brilliant brilliant so i'm
gonna put it out there for you here's the gist of it let's say you set the price of bread
in other words joe every america turns socialist god forbid tomorrow and everybody's starving
and the socialist government comes in and goes joe, this is unacceptable. Bread is too expensive.
We are going to demand bread is $1 a loaf. And everybody, of course, has to comply. Of course, you're going to see black markets and all that stuff, but forget that for a second.
So the government, the socialist government that now owns the means of production
demands that any bread workers left produce bread for $1 a loaf.
Any bread workers left produce bread for a dollar a loaf.
The problem is you cannot set the price of bread without setting the price of all of the inputs to bread.
What are the inputs, Joe?
Well, labor.
You have wheat.
You have wheat flour.
You have maybe some form of yeast.
You have employee hours, human resources.
You have all the machinery the all of these inputs if you if the if the price of them is not quote controlled which is ridiculous but controlled too
joe right and let's say the wheat so let's just say a loaf of bread joe one loaf the wheat alone
that goes into it costs a dollar fifty well how the heck are you going to produce a loaf of bread
you haven't even factored in the labor
and one of your inputs is 50% more
than you're selling the bread for.
Joe, this isn't complicated
math, right? Yeah, this is easy, man.
Easy stuff, right? I mean, yesterday
you were really a wizard yesterday. And for those
who missed yesterday's show, Joe's financial
acumen yesterday was just, I
mean, extraordinary. We gave Joe an
honorary PhD. I was brilliant. Yes.
Thank you. Yeah. DBA. We gave a DBA, PhD, JD, MD. He's even a doctor of chiropractic after yesterday.
We just, we locked them up. But yes, if your inputs are $1.50 and you're forced by the government to
sell your bread for a dollar, you're not going to lose 50 cents because that doesn't even factor
into labor. You're going to lose probably three, $4 on every loaf, which is absurd.
Right.
Well, what's the point of the piece?
I mean, none of that's fascinating.
But what he really says that's interesting in the piece and I wanted to put out there is that doesn't mean the wheat's going to go away.
So remember, the bread price is controlled, but the wheat isn't at this point because
it's impossible to control every single price in an economy of every input, Joe.
It's not even, you don't even know all the inputs.
Well, what happens? The guy who sells the wheat now doesn't sell them to the bread manufacturer.
Why? Because there is no bread manufacturer because he's out of business in a few weeks
because he's losing money. So he sells them to either the cake maker or the brioche maker
who don't have these price controls instituted on them. And now you see what a surplus of cake and brioche.
I don't even,
I don't eat,
I don't eat any crab.
I don't even cake or brioche,
whatever.
So that's the whole,
but he brings up this interesting point that it is.
It's the fascinating point here is that in a society that's starving in a
socialist country,
what's doubly fascinating is you run
out of things like bread that are price controlled and you have a surplus of cake and brioche that
people don't even want let them eat cake let them eat i thought this is this is brilliant
because you know in the past i've always given the example of my brother-in-law as a doctor if
he didn't give me an exact number but he was telling me how let's say it costs four thousand
dollars for him to turn the lights on in the morning in his office, pay his employees.
He's a perinatologist.
He delivers high-risk pregnancy, babies involved in high-risk pregnancies.
If it costs him $5,000 for the machinery, the office employees, the taxes he pays, his insurance, and everything else, he can't go to work and be told by the government he can only make $3,000 in a day.
What's he going to do, fork over $2,000 to go to work every day? by the government he can only make $3,000 in a day. What's he going to do?
Fork over $2,000 to go to work every day?
Then you're not going to have doctors.
The ironic aftermath of that in socialist countries,
you have doctors who then become Uber drivers
because they can't make any money.
Folks, I get it to the college kids listening,
this is really complicated stuff,
but I promise you, Joe and I are reasonably smart guys neither joe nor i are nuclear physicists there's nothing we're telling you right now that
is super complicated what really frustrates the hell out of me is that normal people listening to
this have a really difficult time understanding this and they still believe government can control
prices whether it's in pharmaceuticals whether it's in the food, whether it's in the food industry, whether it's oil. No, no, the government can do it.
How?
What evidence do you have of that?
So he talks about how in the piece,
which is great,
about how in Venezuela,
they couldn't do price fixing
because you can't fix every price.
There's no way to do it.
It's not possible.
It's a really good piece.
Again, I'll put it in the show notes.
I really enjoy it.
And you know,
I'm not going to really discuss too much of it,
but there's another great piece
from Cato about a balanced budget amendment. show notes. I really enjoy it. And you know, I'm not going to really discuss too much of it, but there's another great piece from
Cato about a balanced budget amendment.
Something that I supported in the
past, but Cato makes a pretty good
case against it, folks.
And the long and short of it is this,
that a strict balanced budget amendment,
in other words, you can't go into debt, is a bad idea.
And they give some examples of where it hasn't
worked, and they talk about some better
ideas, like debt is a percentage of GDP, you know, like a break on spending.
But it's a really fascinating piece.
Give it a look.
It's not very long, very relatable.
But it's some interesting arguments against the balanced budget amendment.
And one quick one, which I thought was the most salient that jumped out to me was in the years that the economy is booming, joe if you say you had a strict balanced budget
amendment right joe the government raises a dollar in taxes it can only spend the dollar
it says you know what would be interesting is in the boom years say the government raises ten
dollars there would be a tendency by liberals and rhino republicans and democrats to spend all of
that why because in the other offsetting years where the economy isn't raising $10,
maybe in tax revenue,
cause it's not doing so well,
Joe,
that there's going to be some kind of a shortfall.
So let's spend it all now.
Got it.
And they give some pretty good evidence as to why balance strict balance of
budget amendment like that would not work precisely because of that reasons.
You get what I'm saying,
Joe?
Cause the incentive in flush years would be spend it all now
because we can't spend it next year because of the hard cap on space.
It's an interesting piece.
So give it a look.
I'll put it in the show notes.
I was going to talk about a PragerU video too,
but I'll get to that tomorrow.
Dennis Prager has some good stuff.
One on atheism, and it came up yesterday in a class.
Maybe I'll get to that tomorrow.
But thanks again for tuning in, folks.
I really appreciate it.
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